DIRS.INFO The most relevant business & tech news

☆ Florida weather: Heavy rain and ‘life-threatening flooding’ hits Miami area and other parts of South Florida
▼ + stars: | 2024-06-11 | by ( Mary Gilbert | Christina Maxouris | ) edition.cnn.com time to read: +9 min

Flood warnings are in effect Wednesday night for parts of Broward, Miami-Dade, Collier and Hendry counties through Thursday morning, according to the National Weather Service, which warned “life-threatening flooding” was ongoing. “Many areas are inundated with water w/ stalled cars & more rainfall is on the way,” the weather service said Wednesday night. @Signia70/ XWhile the state is no stranger to drenching rain, heavy rain events are getting even heavier as the world warms due to fossil fuel pollution. Double-digit rainfall totals are likely in parts of Florida by Friday, but a few areas in southwest Florida could approach 20 inches. An additional 3 to 6 inches of rainfall is expected to fall across Southeastern Florida, including Miami and Fort Lauderdale, through Friday.

Persons: Collier, Flood, “, Storms, I’ve, Kait Madrigal, Ron DeSantis, Lee, Joe Raedle, Marjory Stoneman, Fort Lauderdale Mayor Dean Trantalis, ” Trantalis, Jon Rizzo, ” Jon Rizzo Organizations: CNN, South Florida —, Dade, National Weather Service, Hollywood, Hobe, Florida Gov, Marjory Stoneman Douglas High School, Collier County School, Fort Lauderdale Mayor, Miami International Airport, Hollywood International, National Hurricane Center, US Drought Monitor, Central, Central America Locations: South Florida, Miami, Fort Lauderdale, Broward , Miami, Hendry, Hallandale Beach, Martin County, West Palm, Broward, Sarasota, Hallandale Beach , Florida, Broward County, Trantalis, Lauderdale’s, St Armands, Sarasota , Florida, Caribbean, Florida, Gulf Coast, Southeastern Florida, saturate, Mexico, Gulf of Mexico, East Coast, Key West , Florida, Gulf

☆ Retailers jacked up prices and squeezed consumers. They might have just blinked
▼ + stars: | 2024-05-05 | by ( Parija Bhatnagar | Parija Kavilanz | ) edition.cnn.com time to read: +7 min

“There’s just less dollars for consumers to spend.”The challenge for retailers now is to shake consumers out of that frugal mindset. Retail spending has increased in seven of the past 10 months through March. “If you want to convince consumers to spend you have to give them a reason to do so. Lower prices are a clear opportunity to drive people into the store or online.”It’s a lever that Walmart, he said, has pulled forever. Clothing chain H&M told analysts during its most recent earnings call that it, too, would lower prices.

Persons: Sarah Wyeth, ”, Chad Lusk, Alvarez, ” Wyeth, “ There’s, they’re, Zak Stambor, Stambor, Joe Raedle, ” Stambor, “, ” Jesper Brodin, ” Brodin, ” Michaels, ” Ashley Buchanan, Michaels, Lars Daniel Ervér, Frida, Chuck, – CNN’s Bryan Mena Organizations: New, New York CNN —, Ikea, Shoppers, “ Retailers, CNN, Walmart, Ingka, “, Cheese, Stambor Locations: New York, Hallandale Beach , Florida

At stake is the role of a wide spectrum of players, from fintech firms to card companies and established banks. Walmart's Fintech startup One is now offering BNPL loans in Secaucus, New Jersey. Buy now, pay later has gained popularity with consumers for everyday items as well as larger purchases. A Capital One Walmart credit card sign is seen at a store in Mountain View, California, United States on Tuesday, November 19, 2019. Meanwhile, Walmart said last year when its lawsuit became public that it would soon announce a new credit card option with "meaningful benefits and rewards."

Persons: Joe Raedle, Goldman Sachs, Omer Ismail, Hugh Son, BNPL, Jason Mikula, Amazon's, Karma, John Furner, John David Rainey, Dot, " Rainey, Rainey, Morgan Stanley, Walmart's, Yichuan Cao Organizations: Walmart, Getty, CNBC, New Jersey Walmart, Apple, Electronics, Adobe Analytics, Bank of Walmart, Robinhood, Walmart U.S, Coastal Community Bank, Capital, PayPal Locations: Hallandale Beach , Florida, Bentonville , Arkansas, Manhattan, Secaucus , New Jersey, New Jersey, U.S, Mountain View , California, United States

☆ Top Wall Street analysts like these 3 dividend stocks for passive income
▼ + stars: | 2024-04-07 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +5 min

Investors can turn to the expertise of Wall Street analysts who can identify stocks with long-term growth potential and the ability to generate the solid cash flows needed to support continued dividends. Here are three attractive dividend stocks, according to Wall Street's top experts on TipRanks, a platform that ranks analysts based on their past performance. (See Walmart Ownership Structure on TipRanks)SLBThis week's third dividend pick is oilfield services company SLB (SLB). SLB stock offers a dividend yield of 2%. (See SLB Stock Buybacks on TipRanks)

Persons: Wall, Kenneth Lee, Lee, TipRanks, Corey Tarlowe, Tarlowe, Goldman Sachs, Neil Mehta, Mehta Organizations: Walmart, Wall Street, OneMain Holdings, RBC Capital, OneMain, Jefferies Locations: Hallandale Beach , Florida, TipRanks

☆ Four reasons Walmart wants to buy smart TV maker Vizio
▼ + stars: | 2024-02-27 | by ( Melissa Repko | In Melissa-Repko | ) www.cnbc.com time to read: +6 min

The retail giant announced last week that it plans to buy smart TV maker Vizio in a $2.3 billion deal. Here's a closer look at the major reasons Walmart wants to buy Vizio . Walmart can capitalize on Vizio's reachWhen shoppers think of Vizio, they likely envision store aisles filled with giant TVs. Walmart's in-house TV brand, Onn, currently has a licensing deal with smart TV competitor Roku . Plus, Walmart sees how much money its competitor, Amazon , makes from advertising — and wants to run the same play.

Persons: Joe Raedle, It's, Corey Tarlowe, Dan Day, Jefferies, Tarlowe, SmartCast, Kirby Grines, Vizio, Grines, Michael Morton, you've, That's, Morton Organizations: Walmart, Getty, Jefferies, Netflix, Hulu, Amazon, Riley Securities, Roku Locations: Hallandale Beach , Florida, Irvine , California, MoffettNathanson

Ruderman pleaded guilty Thursday in federal court in Miami. Four of Ruderman’s co-conspirators previously pleaded guilty for their roles in the 1 Global fraud, the Justice Department said. Andrew Dale Ledbetter, 81, a lawyer from Fort Lauderdale, Florida, pleaded guilty in 2021 to conspiracy to commit wire fraud and securities fraud. Steven Allen Schwartz, 78, of Delray Beach, Florida, a director and consultant at 1 Global, pleaded guilty in 2020 to conspiracy to commit wire fraud and securities fraud. Jan Douglas Atlas, 78, of Fort Lauderdale, Florida, a lawyer, pleaded guilty in 2019 to conspiracy to commit wire fraud and securities fraud.

Persons: Carl R, Ruderman, Hallandale Beach , Florida —, “, Ruderman’s, Alan G, Heide, Andrew Dale Ledbetter, Steven Allen Schwartz, Jan Douglas Atlas Organizations: MIAMI, LLC, Court, Global, Justice Department, Investors, Securities, Exchange Commission, SEC, Trust Locations: Florida, Miami, Hallandale Beach , Florida, Lake Worth , Florida, Fort Lauderdale , Florida, Delray Beach , Florida

☆ Take a look inside Florida's new golf course that boasts a $1 million membership fee and private yacht club
▼ + stars: | 2023-10-07 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +2 min

South Florida is getting its first new private golf course in 25 years. The Shell Bay Club in Hallandale Beach will cost a staggering $1 million membership fee. But, it'll reportedly cost you a whopping $1 million membership fee to join. Curated by Witkoff Group and PPG Development, the luxury club will cost you a staggering $1 million membership fee, CNN reported. Take a look inside the upcoming luxury golf course below.

Persons: —, it'll Organizations: Shell Bay, Service, Shell Bay Club, Witkoff Group, PPG, CNN, Auberge Resorts Locations: Florida, Hallandale Beach, South Florida, Miami, Hallandale Beach , Florida

☆ Shell Bay Club: The private golf course with a $1 million membership fee
▼ + stars: | 2023-10-06 | by ( Jack Bantock | ) edition.cnn.com time to read: +3 min

CNN —A world-class golf course, a racquet center, a private yacht club, and much more – all yours to enjoy, so long as you have a spare million dollars lying around. “It will be a place where you can totally immerse yourself in the game.”Immersion comes at a price, however, with membership initiation fees for The Shell Bay Club coming in at $1 million. Tenants living in the 108 residences and penthouses that make up the 20-story condominium tower overlooking the course receive automatic social club membership, with the option to pay the additional fee for the golf course. By contrast, initiation fees for Georgia’s Augusta National Golf Club, host of The Masters, range from $250,000 to $500,000, according to Forbes in 2021. Shell Bay ClubShell Bay Club members also have access to a range of amenities, including admission to the Shell Bay Yacht Club, which offers a 48-slip private marina to give residents with private vessels and charters direct access to the Atlantic ocean.

Persons: ”, Greg Norman, Bill Hornstein “, ” Norman, Alex Witkoff, — Organizations: CNN, Shell Bay, Witkoff Group, PPG, Shell Bay Club, Georgia’s Augusta, Golf Club, Forbes, Shell, Yacht, Auberge Locations: Hallandale Beach, South Florida, Intracoastal, Australian, Shell, Miami

☆ Lingering inflation worries keep Biden approval stagnant at 40%: Reuters/Ipsos poll
▼ + stars: | 2023-08-09 | by ( Josephine Walker | ) www.reuters.com time to read: +3 min

The three-day online poll, which asked Americans if they approve or disapprove of the way Biden is handling his job, matched the July reading of 40%. The economy, unemployment and jobs remained Americans' top concern with a fifth of respondents citing that as the most important problem facing the U.S. today. A separate Reuters/Ipsos poll last week found that worries about the economy could cost Biden support in the 2024 election, when he faces a likely rematch with Republican former President Donald Trump. The latest poll's approval rating for Biden of 40% was just four points higher than the 36% lows he hit in mid-2022. The Reuters/Ipsos poll was conducted online, in English, Aug. 4-6 and collected responses from 1,032 adults, using a nationally representative sample.

Persons: Joe Biden, Kevin Lamarque, Joe Biden's, Biden, White, Donald Trump ., Josephine Walker, Scott Malone, Alistair Bell Organizations: Social Security, Medicare, OB Johnson, Community Center, REUTERS, Reuters, Democratic, Republican, Thomson Locations: Hallandale Beach , Florida, U.S

☆ U.S. government sets penalties on 43 drugs over price hikes
▼ + stars: | 2023-06-09 | by ( ) www.cnbc.com time to read: +1 min

The Biden administration on Friday announced it would impose inflation penalties on 43 drugs for the third quarter of 2023, having fined 27 earlier this year, in a move it said would lower costs for older Americans by as much as $449 per dose. Drugmakers hiked the price of these 43 drugs by more than the rate of inflation and are required to pay the difference of those medicines to Medicare, the federal health program for Americans over age 65. "People taking 43 of these drugs could pay less (in coinsurance) to access these important treatments, starting July 1," Dr. Meena Seshamani, director for Medicare at the Centers for Medicare & Medicaid Services told reporters. Biden announced in March that his administration would subject 27 drugs to inflation fines for the second quarter of this year. The new list of 43 replaces that selection for the third quarter of 2023.

Persons: Joe Biden, Biden, Drugmakers, Dr, Meena Seshamani, Joe Biden's Organizations: Social Security, OB Johnson Park Community, Centers, Medicare, Medicaid Services Locations: Hallandale Beach , Florida, coinsurance

☆ Seniors urge Congress to protect Social Security, Medicare ahead of State of the Union
▼ + stars: | 2023-02-07 | by ( Lorie Konish | ) www.cnbc.com time to read: +3 min

President Joe Biden speaks about protecting Social Security, Medicare, and lowering prescription drug costs, during a visit to OB Johnson Park and Community Center, in Hallandale Beach, Florida, on Nov. 1, 2022. Kevin Lamarque | ReutersSocial Security and the debt ceiling debateThe future of Social Security and Medicare have increasingly come up in the debate around the debt ceiling. Both Biden and House Speaker Kevin McCarthy have vowed to keep changes to Social Security and Medicare off the table. That would include Social Security's pension and disability, Medicare Part A and highway trust funds. Social Security changes require bipartisan support

☆ Biden administration to extend payment pause on student loans until after June or when legal challenges resolve
▼ + stars: | 2022-11-22 | by ( Annie Nova | ) www.cnbc.com time to read: +2 min

The Biden administration on Tuesday announced that it will extend the payment pause on federal student loans until after June or when it's able to move forward with its debt forgiveness plan. Federal student loan bills had been scheduled to resume in January. The administration's move comes in response to a federal appeals court ruling last week that imposed a nationwide injunction on the debt relief plan. If it can't proceed with its policy and the legal challenges are still unfolding by June 30, 2023, student loan payments will restart 60 days after that. Federal student loan payments have been on pause since March 2020, when the coronavirus pandemic first hit the U.S. and crippled the economy.

☆ Florida’s East Coast Braces for Possible Hurricane
▼ + stars: | 2022-11-07 | by ( Arian Campo-Flores | ) www.wsj.com time to read: 1 min

Subtropical storm Nicole formed early Monday over the Atlantic Ocean and is projected to reach hurricane strength before striking somewhere along the eastern coast of Florida later this week, according to the National Hurricane Center. The center said the storm could produce heavy rainfall, storm surge and flooding. It issued a hurricane watch—meaning hurricane conditions are possible within about 48 hours—for a roughly 200-mile stretch of the state’s southeastern and central-eastern coast from Hallandale Beach to the border of Volusia and Brevard counties, as well as Lake Okeechobee. It declared a storm surge watch from Hallandale Beach to Altamaha Sound in Georgia.

Florida's east coast was placed under hurricane watch Monday as Subtropical Storm Nicole moved in its direction with maximum sustained winds of 45 mph. The storm, currently 520 miles east of the northwestern Bahamas, is expected to approach Florida's east coast by Wednesday night. A hurricane watch has been issued for Florida's east coast along Volusia and Brevard counties all the way south to Hallandale Beach near Miami, according to the National Hurricane Center. There's a storm surge watch for the east coast of Georgia and Florida from the Altamaha Sound to Hallandale Beach. A tropical storm watch for the northwestern Bahamas was upgraded to a hurricane watch Monday.

☆ Subtropical Storm Nicole Expected to Become Hurricane, Heads Toward Florida’s East Coast
▼ + stars: | 2022-11-07 | by ( Arian Campo-Flores | ) www.wsj.com time to read: 1 min

Democrats cite threats to Social Security, MedicareAs Election Day approaches, Democrats are telling voters that Social Security and Medicare may be at risk if Republicans take control of Congress. Scott has called for reauthorizing Social Security and Medicare every five years in Congress, while Johnson suggests revisiting the programs annually. Minimum wage hikes on the horizonVoters will decide this month whether to make certain raises to the minimum wage in Nebraska, Nevada and Washington, D.C. In Nebraska, the measure would ratchet up the minimum wage to $15 an hour by 2026, up from its current $9. The current minimum wage is $9.50 an hour or $10.50 an hour, depending on if a worker is offered health insurance.

☆ As Election Day approaches, Democrats warn that Social Security and Medicare are at stake
▼ + stars: | 2022-11-02 | by ( Lorie Konish | ) www.cnbc.com time to read: +6 min

He also pointed to impending risks to Social Security based on plans floated by certain Republican lawmakers, namely Sens. What's more, it would mean letting two of the most important laws that established Social Security and Medicare expire, he said. It is unclear what his opponent Kean's stance is on Social Security and Medicare. While that's in keeping with years past, the difference this year is Social Security has been more of a front-burner issue. "Usually, it's a lot of lip service to Social Security and how they think it's a great program."

Search resuls for: "Hallandale Beach"

17 mentions found