DIRS.INFO The most relevant business & tech news

☆ How primordial black holes could explain dark matter
▼ + stars: | 2024-06-17 | by ( Jacopo Prisco | ) edition.cnn.com time to read: +10 min

The late physicist Stephen Hawking hypothesized that dark matter could be hiding in black holes formed during the big bang. “We were making use of Stephen Hawking’s famous calculations about black holes, especially his important result about the radiation that black holes emit,” Kaiser said. This is not to say dark matter is not a particle, or that it’s for sure black holes. “The next generation of gravitational detectors could catch a glimpse of the small-mass black holes — an exotic state of matter that was an unexpected byproduct of the more mundane black holes that could explain dark matter today.”Many forms of dark matterWhat does this mean for the ongoing experiments that are trying to detect dark matter, such as the LZ Dark Matter Experiment in South Dakota? And those indeed might pick up some of the stray signals from the very violent formation process of primordial black holes.”There’s also the possibility that primordial black holes are just a fraction of the dark matter, Alonso-Monsalve added.

Persons: Vera Rubin, Kent Ford, ” Rubin, ”, Fritz Zwicky, Stephen Hawking, —, David Kaiser, Stephen Hawking’s, ” Kaiser, didn’t, Elba Alonso, Monsalve, ” Alonso, Alonso, Kaiser, “, There’s, Nico Cappelluti, “ Cappelluti, Priyamvada Natarajan, Joseph S, Sophia S, Fruton, Natarajan Organizations: CNN, NASA, Massachusetts Institute of Technology, Science, MIT, University of Miami, Astronomy, Yale University Locations: —, American, Swiss, British, South Dakota

☆ Many Indian stocks are in a 'bubble,' investor says, revealing the stock he just sold
▼ + stars: | 2024-05-16 | by ( Ganesh Rao | ) www.cnbc.com time to read: +4 min

India's mid-cap stocks are in a "bubble" despite the country's promising economic prospects, according to contrarian fund manager Jonathan Pines. Pines added that he's unable to justify current stock prices, even when accounting for "aggressive assumptions" about future growth in India's mid-cap stocks. The mid-cap 'bubble' Pines revealed that his fund recently held two Indian stocks, one of which was SJVN . SJVN, a mid-cap stock in the hydropower energy sector, has experienced a "vertical price" movement, which Pines attributed to a potential bubble in the Indian mid-cap market. The only 'reasonable' Indian stock On the other hand, GAIL India , a natural gas distribution company, remains the sole Indian stock in Pines' portfolio.

Persons: Jonathan Pines, it's, Pines, Rohit Natarajan, SJVN, Sudhanshu Bansal, GAIL India, GAIL Organizations: Federated, Antique, JM Financial, Federated Hermes Asia Locations: Pines, Japan, India, India's, U.S

☆ China's Nio to expand battery swap services to gain an edge on EV infrastructure
▼ + stars: | 2024-04-05 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +6 min

Pictured here is a Nio battery swapping station in Haikou, Hainan province, China, on May 9, 2023. Bloomberg | Bloomberg | Getty ImagesBEIJING — Chinese electric car company Nio has been expanding its battery swap partnerships in a bid to gain an edge on the infrastructure side of the EV ecosystem. Nio also announced agreements earlier this year to work with two local battery companies on battery swap services. While having a large network of battery charging stations helps address those concerns, battery swapping is a faster method as it takes only a few minutes. CLSA's Luo said businesses also prefer to invest in normal charging stations than swap stations because they make a higher return.

Persons: Nio, —, JAC —, Ding Luo, Shen Fei, Shen, it's, Le, William Li, Shay Natarajan, Luo, Ford Organizations: Bloomberg, Getty, Chery, CNBC, Battery, Nissan, Sino Auto, Mobility Impact Partners, General Motors Locations: Haikou, Hainan province, China, BEIJING, U.S, San Francisco, Kyoto, Japan, Madrid, Spain, Europe, North America

CAPE CANAVERAL, Fla. (AP) — Astronomers have discovered what may be the brightest object in the universe, a quasar with a black hole at its heart growing so fast that it swallows the equivalent of a sun a day. The record-breaking quasar shines 500 trillion times brighter than our sun. The black hole powering this distant quasar is more than 17 billion times more immense than our sun, an Australian-led team reported Monday in the journal Nature Astronomy. The rotating disk around the quasar's black hole — the luminous swirling gas and other matter from gobbled-up stars — is like a cosmic hurricane. Further analysis shows the mass of the black hole to be 17 to 19 billion times that of our sun, according to the team.

Persons: —, Christian Wolf, ”, Priyamvada Natarajan Organizations: —, Australian National University, Southern Observatory, ” Yale, Associated Press Health, Science Department, Howard Hughes Medical Institute’s Science, Educational Media Group, AP Locations: CAPE CANAVERAL, Fla, Australian, gobbled, Australia

☆ Most distant black hole discovered by Chandra, Webb telescopes
▼ + stars: | 2023-11-07 | by ( Ashley Strickland | ) edition.cnn.com time to read: +5 min

CNN —Two powerful NASA telescopes have detected the oldest and most distant black hole ever found. “We needed Webb to find this remarkably distant galaxy and Chandra to find its supermassive black hole,” said lead study author Akos Bogdan, in a statement. Potential black hole theoryTypically, black holes located at the centers of galaxies only have about 0.1% the mass of the stars within their host galaxy. The unusual black hole could be an “Outsize Black Hole” that formed when a huge cloud of gas collapsed, as theorized in 2017 by Priyamvada Natarajan, a coauthor on both studies and the Joseph S. and Sophia S. Fruton professor of astronomy and professor of physics at Yale University in New Haven, Connecticut. “We think that this is the first detection of an ‘Outsize Black Hole’ and the best evidence yet obtained that some black holes form from massive clouds of gas,” Natarajan said.

Persons: Chandra, James Webb, Webb, ”, Akos Bogdan, “, ” Bogdan, Abell, they’ve, Andy Goulding, Priyamvada Natarajan, Joseph S, Sophia S, ” Natarajan Organizations: CNN, NASA, Telescope, Harvard - Smithsonian Center for Astrophysics, Chandra, telltale, Princeton University, Yale University Locations: Cambridge , Massachusetts, New Jersey, New Haven , Connecticut

CAPE CANAVERAL, Fla. (AP) — Scientists have discovered the oldest black hole yet, formed a mere 470 million years after the Big Bang. The findings, published Monday, confirm what until now were theories that supermassive black holes existed at the dawn of the universe. Given the universe is 13.7 billion years old, that puts the age of this black hole at 13.2 billion years. Even more astounding to scientists, this black hole is a whopper — 10 times bigger than the black hole in our own Milky Way. That is nowhere near the miniscule ratio of the black holes in our Milky Way and other nearby galaxies, scientists said.

Persons: NASA’s James Webb, Chandra X, It's, Priyamvada Natarajan Organizations: —, NASA’s James Webb Space Telescope, Ray Observatory, Yale, Associated Press Health, Science Department, Howard Hughes Medical Institute’s Science, Educational Media Group, AP Locations: CAPE CANAVERAL, Fla

☆ Do menopause retreats work — and why are people paying $15,000 for them?
▼ + stars: | 2023-10-06 | by ( Lee Ying Shan | ) www.cnbc.com time to read: +4 min

These are some of the activities that can be found at menopause retreats, a wellness trend carving a new niche in the tourism industry. Menopause retreats are tailored to help women navigate the different stages of perimenopause and menopause, and the array of symptoms that come with them — from hot flashes and night sweats to achy joints. Wellness retreats aren't new, of course, but ever since the pandemic, more resorts are promoting menopause-focused vacations — and more women are signing up for them. So instead of just going on a spa retreat, people started going on very specific purpose-driven retreats," Lisa Starr, a spa business consultant at Wynne Business Consulting and Education told CNBC Travel. Do menopause retreats help?

Persons: Lisa Starr, Emily, Starr, Combe, Heather Hirsch Mahesh Natarajan, Heather Hirsch, Hirsch, Boston's Brigham Organizations: Consumers, Wynne Business Consulting, Education, CNBC Travel, Global Wellness, Covid, Getty, CNBC, Women's Hospital Locations: Bath, England, Combe Grove's, Maldives, India, midlife, Boston's, Mumbai

☆ World Bank names CEOs to help bring private funds to climate, development finance
▼ + stars: | 2023-07-10 | by ( David Lawder | ) www.reuters.com time to read: +2 min

WASHINGTON, July 10 (Reuters) - The World Bank on Monday named 15 chief executive officers including financiers and asset managers to a group launched by the lender's president, Ajay Banga, aiming to marshal more private capital to combat climate change and boost investment in developing countries. Banga announced the initiative at a global finance summit in Paris last month alongside Mark Carney, the U.N. special envoy on climate action, and Shriti Vadera, chair of Prudential Plc (PRU.L). The World Bank and the CEOs will work "to develop, test, implement and ultimately scale financing structures that can most effectively mobilize private capital," Carney said in a statement. He said in a statement that the Private Investment Lab CEOs were a "crucial piece of the puzzle" to devise ways to pull more private sector investment into the intertwined challenges of poverty, climate and fragility. Reporting by David Lawder; Editing by Will Dunham and David GregorioOur Standards: The Thomson Reuters Trust Principles.

Persons: Ajay Banga, Joe Biden, King Charles . Banga, Mark Carney, Shriti Vadera, Carney, Thomas Buberl, Larry Fink, BlackRock, Noel Quinn, Hendrik du Toit, Jessica Tan, Sim Tshabalala, Bill Winters, Dilhan, Mark Gallogly, Banga, David Lawder, Will Dunham, David Gregorio Our Organizations: Bank, Investment, U.S, Prudential Plc, World Bank, AXA, HSBC, Shemara, Mitsubishi UFJ Financial, Ping An, Royal Philips, Standard Bank, Standard Chartered, Sustainable Energy, Tata Sons, Temasek, Cairns, Mastercard, Private Investment, Thomson Locations: Britain, Paris, Macquarie, Banga

☆ Ex-BofA No. 2 Tom Montag said to be in line to join Goldman Sachs board
▼ + stars: | 2023-06-26 | by ( Jeffrey Cane | ) www.businessinsider.com time to read: +4 min

Goldman Sachs board plans to tap Tom Montag to join, Bloomberg reports. Now, he is said to be in line to join the board of Goldman Sachs as its CEO, David Solomon, faces scrutiny over his leadership. Still, Bloomberg notes, Montag would be the first bank executive named to the board under Solomon, who became CEO of the bank in 2018. Solomon's hobby as a DJ and his use of the firm's private jets have also rubbed some Goldman insiders the wrong way. At Goldman, Montag was big in JapanMontag bleeds Goldman blue.

Persons: Goldman Sachs, Tom Montag, Montag, David Solomon, Solomon, —, Sridhar Natarajan, Katherine Doherty, Goldman, David Viniar, Goldman's, Adebayo, Ogunlesi, Insider's Dakin Campbell, Japan Montag, Merrill Lynch, Insider's Alex Morrell, Charming, Kate Kelly, BofA Organizations: Bloomberg, of, Morning, Bank of America's, Goldman, Credit Suisse, Global Infrastructure Partners, Reuters, Bank of America, Bank America, The New York Times, Times, Private, TPG, Street Journal Locations: Japan

☆ The head of American Eagle's logistics subsidiary is out. Read the internal memo to staff.
▼ + stars: | 2023-04-03 | by ( Emma Cosgrove | ) www.businessinsider.com time to read: +5 min

American Eagle Outfitters built a logistics arm by acquiring two firms in 2021. The head of American Eagle's logistics arm Quiet Platforms is out as the outfit struggles to achieve profitability, according to an internal memo to staff obtained by Insider. Shekar Natarajan was president of Quiet Platforms until he left the company last week, according to the memo. Quiet Platforms is a wholly-owned subsidiary of American Eagle Outfitters. It was built by combining fulfillment and logistics firm Quiet Logistics, which the retailer acquired in 2021 for $350 million, and a much smaller parcel logistics startup called AirTerra, acquired the same year.

☆ From green subsidies to chips, Davos debates reflect a world in flux
▼ + stars: | 2023-01-20 | by ( Julia Horowitz | ) edition.cnn.com time to read: +4 min

Davos, Switzerland CNN —The World Economic Forum in the Swiss Alps is typically a venue for politicians and business leaders to deliver sermons about the benefits of globalization and cross-border cooperation. European leaders used Davos to amplify complaints about the law’s tax breaks for American companies that make parts for green energy projects, which they claim will disadvantage European firms. German Chancellor Olaf Scholz addresses the World Economic Forum, in Davos, Switzerland, on Wednesday. Representatives from Asia’s third largest economy showed up in force at Davos to meet with international investors. “We’re looking at a less efficient world,” US Trade Representative Katherine Tai said.

☆ Davos: India flexes its muscle as China's star fades
▼ + stars: | 2023-01-19 | by ( Julia Horowitz | ) edition.cnn.com time to read: +7 min

In 2023, as global recession fears persist, the country is expected to log the best performance of any major economy. An Invest India banner hanging from a building ahead of the World Economic Forum in Davos, Switzerland, on Monday, Jan. 16. India is also due to displace its powerful neighbor as the world’s most populous country this year. They’re a substantial asset — if India’s economy can create enough jobs. “The world needs resilience,” Tata Sons Chairman Natarajan Chandrasekaran told a Davos panel.

☆ Quiet Platforms Pushes Toward Full Next-Day Delivery With New Fulfillment Centers
▼ + stars: | 2022-12-22 | by ( Liz Young | ) www.wsj.com time to read: +3 min

Quiet Platforms, the logistics subsidiary of apparel retailer American Eagle Outfitters Inc., is planning to open warehouses in dozens of markets across the U.S. as it works to offer next-day delivery nationally within three years. The warehouses will serve the retailers using Quiet Platforms’ supply-chain network, which include sports goods retailer Fanatics Inc., shoe brand Steve Madden Ltd. and discount outlet Saks Off Fifth. Shekar Natarajan, president of Quiet Platforms Photo: Brittainy Newman/Associated PressThe company already has nine distribution centers in seven markets, but the new sites will likely include smaller facilities close to population centers and dedicated to specific tasks such as sorting packages or consolidating goods, said Shekar Natarajan, president of Quiet Platforms. He said Quiet Platforms currently delivers about 70% of packages next day and around 38% on the same day. “Everyone in retail says we want to be in the right place at the right time with the right quantities,” Mr. Natarajan said.

Search resuls for: "Natarajan"

13 mentions found