DIRS.INFO The most relevant business & tech news

One man was excused from the jury pool after saying that the Donald Trump trial in New York made him think prosecutors charge cases based on politics. He had also said he might not be able to judge the Hunter Biden case fairly because some of his loved ones are struggling with addiction. A woman in the jury pool told the judge that she is a bartender and has periodically served Hunter’s uncle at the bar. Another woman was excluded from serving on the jury after saying she had a negative view of the Biden family. Both sides agreed that she shouldn’t be eligible to serve on the case.

Persons: Donald Trump, Hunter Biden, hasn’t, Biden, “ It’s, shouldn’t Locations: New York

☆ It's hosted Thomas Jefferson and Tom Cruise — step inside the $270,000 a week French chateau known as “Little Versailles”
▼ + stars: | 2024-06-03 | by ( ) www.cnbc.com time to read: +1 min

Chateau de Villette is more than a French manor house — it's a walk through history. The grounds are no less lavish, set atop 75 hectares of woods, with multiple lakes and ornately sculpted gardens. It is a 15-ton block of stone which descends to reveal the chateau's swimming pool," she told CNBC. Located some 40 minutes from Paris' city center, the chateau rents for nearly $270,000 a week. Watch the full video to see the exquisite interiors of Chateau de Villette.

Persons: Jules Hardouin, Mansart, Andre Le Notre, Louis XV, Thomas Jefferson, Thomas Paine, Tom Cruise, Dan Brown, Suzanne Isore Organizations: CNBC Locations: Villette, Versailles, Paris, Chateau de Villette

☆ Election Updates: Welcome to the post-conviction campaign.
▼ + stars: | 2024-06-03 | by ( Maggie Astor | ) www.nytimes.com time to read: +6 min

Federal Documents CaseImage The federal indictment against Mr. Trump in the documents case. The charges were brought by Jack Smith, the special counsel appointed to oversee the federal investigations into Mr. Trump. Credit... Jacquelyn Martin/Associated PressLast summer, Mr. Smith charged Mr. Trump with conspiring to subvert democracy and stay in power against the will of voters following his loss in the 2020 election. Georgia Election CaseImage Fani Willis, the Fulton County district attorney, at a hearing on the Georgia election interference case in March in Atlanta. Dozens of pretrial motions have yet to be resolved, including recent sparring over the precedent in a legal case from the 1890s.

Persons: Donald J, Trump, Jon Elswick, Jack Smith, Smith, Aileen M, Cannon, Cannon’s, Jacquelyn Martin, Tanya S, Fani Willis, Alex Slitz Mr, Fani, Willis, Nathan Wade, Scott McAfee, Wade, McAfee’s, Sidney Powell, Kenneth Chesebro, Jenna Ellis, Donald Trump Organizations: Washington , D.C, Mr, Associated Press, Department, Justice Department, Associated, Capitol, of Appeals, Trump Locations: Manhattan, Florida, Washington ,, Georgia, —, Washington, Fulton County, Atlanta ., Fulton County ,

☆ In ‘Clipped,’ Cleopatra Coleman Spreads Her Wings
▼ + stars: | 2024-06-03 | by ( Alexis Soloski | ) www.nytimes.com time to read: +2 min

Cleopatra Coleman began with red, swirling it toward pink with a fine-tipped brush. An oval appeared on the paper, and then smaller marks joined it — ears, eyebrows, a line for a nose. “I always draw this woman,” Coleman said. “I don’t know why.”This was on a bright May morning and Coleman, a star of the FX limited series “Clipped,” premiering Tuesday on Hulu, was at Happy Medium, an art cafe around the corner from her temporary apartment in Greenpoint, Brooklyn. So this morning, on a day off from filming a new series, “Black Rabbit,” she had taken herself on a date.

Persons: Cleopatra Coleman, ” Coleman, “, Coleman, George, ”, “ It’s, Donald Sterling Organizations: New York State Summer School, Arts, Los Angeles Clippers Locations: Hulu, Greenpoint , Brooklyn, Manhattan

☆ Analysis: Another trial, this one of Biden’s son, will deepen the election’s legal entanglement
▼ + stars: | 2024-06-03 | by ( Stephen Collinson | ) edition.cnn.com time to read: +11 min

Four days after presumptive GOP nominee Donald Trump was convicted on 34 counts in his hush money trial in New York, President Joe Biden’s son Hunter will be called to answer for federal gun charges in Wilmington, Delaware. But a CBS/YouGov poll released Sunday showed that Americans believe 57% to 43% that the Manhattan jury reached the right verdict. His inflammatory remarks did not reflect the fact that his refusal to accept his 2020 election loss and his demagoguery are far more reflective of developing-world banana republics than a fair jury trial. Hunter Biden is entitled to the same presumption of innocence and a trial by a jury of his peers that Trump was. “I’d rather be on President Biden’s side of that contrast than on the extreme MAGA Republican side,” he said.

Persons: Donald Trump, Joe Biden’s, Hunter, It’s, Trump, Stormy Daniels, Biden, —, ”, “ It’s, We’ve, Lara Trump, CNN’s Kasie, it’s, Adam Schiff, ” Schiff, don’t, ” Biden, Robert Menendez, Hunter Biden, David Weiss, General Merrick Garland, Roe, Wade, Chuck Schumer, “ Donald Trump, ” Schumer, Hakeem Jeffries, ” Jeffries, Jeffries, Biden’s, “, Joe Biden, Sen, Tom Cotton, we’ve, quagmire Organizations: CNN, Israel, Republicans, Trump, Republican National Committee, CBS, Manhattan, Republican National Convention, Fox News, RNC, California, Senate, GOP, Justice Department, Democratic, Robert Menendez of New, Democratic National Committee, Texas Supreme, Court, New York, MAGA Republicans, New York Democrat, Press, Democrats, Republican, NBC, Arkansas Republican Locations: New York, Wilmington , Delaware, South, “ State, America, United States, Robert Menendez of, Robert Menendez of New Jersey, Rehoboth Beach , Delaware, Beverly Hills , California, Nevada

☆ With shake-up at defense ministry, ‘Putin’s chef’ gets his wish from beyond the grave
▼ + stars: | 2024-06-02 | by ( Sebastian Shukla | ) edition.cnn.com time to read: +9 min

Berlin CNN —Removing a long-time defense minister from his post is nothing out of the ordinary. Arresting five of his senior staff, however, is clearly more than just a search for fresh blood — especially in Vladimir Putin’s Russia. Analysts who spoke to CNN described the defense ministry as one of the most corrupt in the country. Putin was likely awaiting his reelection by the Russian people in March before making moving in on the defense ministry. The defense ministry is central to how that war ends.

Persons: Vladimir Putin’s, Sergei Shoigu, Yevgeny Prigozhin, Wagner, ”, Shoigu, Valery Gerasimov, Prigozhin, Putin, Vladimir Putin, Alexander Kazakov, Stanovaya, Andrey Belousov, – Shamarin, Ivanov Mikhail Komin, Vadim Shamarin, General Vadim Shamarin, Reuters Shamarin, Ria Novosti, Timur Ivanov, Ivanov, Alexey Navalny, —, Turar Kazangapov, Oleg Savelyev, ” Komin, Prigozhin’s, Gerasimov, ” Stanovaya, Komin, “ it’s Organizations: Berlin CNN, CNN, West ., Reuters, Sputnik, Kremlin, Getty, Carnegie Russia Eurasia Center, Putin, European Council of Foreign Affairs, Main, Russian Armed Forces, “, Russian Defence Ministry . Russian Defence Ministry, Ria, Benz, Corruption Foundation, Russian, Shanghai Cooperation Organisation, Staff, Armed Forces Locations: Vladimir Putin’s Russia, Ukraine, Russia, Kharkiv, Donbas, Saint Petersburg, Moscow, Russian, AFP, Vienna, Courchevel, France, Astana, Kazakhstan

☆ Opinion: Trump is now in a club no one ever wants to be part of — convicted former leaders
▼ + stars: | 2024-06-02 | by ( Opinion Chris Good | ) edition.cnn.com time to read: +12 min

The criminal trial and conviction of (mostly former) national leaders has happened in stable, mature democracies, just as it has in former dictatorships. The track record of convicted leaders shows just how risky it is to try to predict what will happen. In 2017, South Korea impeached and later criminally convicted now-former President Park Geun-hye in a bizarre corruption scandal involving the influence of a friend and confidante. After a scandal emerged involving the state oil company Petrobras, Lula was convicted in 2017 of corruption and money laundering. “Political leaders can choose how they will speak about these institutions.”

Persons: Chris Good, Donald Trump, —, Trump, Stormy Daniels, Cristina Fernández de Kirchner, Sebastian Kurz, ” Kurz, Park, “, Nicole Bibbins Sedaca, Nicolas Sarkozy, Bertrand Guay, Bibbins Sedaca, Jacques Chirac, ” Bibbins Sedaca, Sarkozy, Moammar Gaddhafi illicitly, Silvio Berlusconi, Yara Nardi, Berlusconi “, ”, Berlusconi, Matteo Salvini, Giorgia Meloni, Luiz Inacio Lula da Silva, Nelson Almeida, Luiz Inácio Lula da Silva, Lula, Jair Bolsonaro, Oliver Stuenkel, Fundação Getulio Vargas, ” Stuenkel, Politicization, Stuenkel, didn’t, Lula “, Mark Peterson, Ariel Edwards, Levy, Lula —, Chirac, Trump’s Organizations: CNN, ABC News, Economist Intelligence Unit, Freedom House, Getty, Freedom, Reuters, Forza Italia, Five Star, AFP, Brazil, Petrobras, Bolsonaro, School of International Relations, Fundação, NEW, Manhattan Criminal, Trump, Twitter, Facebook Locations: The, Manhattan, Argentina, Austrian, South Korea, Washington, DC, France, Italy, Brazil, Paris, AFP, Moroccan, Milan, Trump, America, São Paulo

☆ I took my teens to an all-inclusive resort. It was a better family experience than the Disney Cruise we are used to.
▼ + stars: | 2024-06-02 | by ( Jill Robbins | ) www.businessinsider.com time to read: +5 min

For the past five years or so, we've been taking our kids on cruises, usually to the Caribbean and usually on Disney Cruise Line. We typically don't see a lot of our teens on a cruise, which we've never seen as a negative. My husband and I appreciate the opportunity to have a little time together on a family vacation. A more relaxed pace and less interest in screensThings at the resort moved at a more relaxed pace than on a cruise. No matter what we do on a family vacation, the goal is for everyone to come away from the experience and be glad they went.

Persons: —, we've, weren't, Rachel Goldberg, Goldberg, I've Organizations: Service, Disney Cruise, Disney Cruises, Business, Turks, Caicos Locations: Caribbean, Florida, Los Angeles

☆ King Charles threatens to cut off Prince Andrew unless he moves out of his royal residence, report says
▼ + stars: | 2024-06-01 | by ( Eve Crosbie | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementKing Charles, then Prince of Wales, and Prince Andrew, Duke of York in 2017. But as things stand, life at Royal Lodge is set to become increasingly cold and uncomfortable for the duke." Some royal insiders, the newspaper noted, have dubbed the standoff between the brothers "the siege of Royal Lodge." AdvertisementRepresentatives for the King and the Duke of York did not respond to a request for comment from Business Insider sent outside regular working hours.

Persons: —, King Charles, Duke, York, Jeffrey Epstein, King, Andrew, Prince of Wales, Prince Andrew , Duke, Max Mumby, Duchess of Sussex, Virginia Giuffre, Epstein, Queen Elizabeth, Mother, Sarah Ferguson, Sarah, Charles won't, turfing Organizations: Service, Prince, Times, Business, British, The Times, Business Insider Locations: London, Royal, Windsor Great Park, Windsor Castle, Windsor, Virginia

☆ I spent my first night in Panama at a hotel in the heart of the historic district. The stay made me fall in love with the country in less than 24 hours.
▼ + stars: | 2024-06-01 | by ( Monica Humphries | ) www.businessinsider.com time to read: +1 min

I spent my first night in Panama at the five-star Sofitel Legend Casco Viejo hotel. The property had luxury amenities and was located in the heart of Panama City's historic district. Good food, stunning architecture, and unbelievable views helped me fall in love with Panama. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementA bellhop opened the door to the Sofitel Legend Casco Viejo, and I was transported out of Panama City's humidity and into a chilly hotel lobby brimming with excitement.

Persons: —, bustled Organizations: Service, Business Locations: Panama, Casco Viejo, Good, Casco, Panama City

☆ Swing-district Republicans in New York decried Trump's conviction. It could cost them politically.
▼ + stars: | 2024-06-01 | by ( John L. Dorman | ) www.businessinsider.com time to read: +5 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewFor GOP lawmakers on Capitol Hill, former President Donald Trump continues to wield immense power over their political futures. AdvertisementFormer President Donald Trump at his criminal hush-money trial in New York. But in a decidedly Democratic state like New York, Biden is likely to gain some ground ahead of the election. AdvertisementAcross the country, suburban voters were already turning away from Trump even before his conviction — as former UN Ambassador Nikki Haley has continued to win significant blocs of GOP voters even after suspending her presidential campaign in March.

Persons: —, Donald Trump, Trump, Stormy Daniels, Marc Molinaro, Anthony D'Esposito, Biden, Steven Hirsch, Mike Lawler, Attorney Alvin Bragg, Letitia James, Kathy Hochul, hyperpartisan, Nick LaLota, Hochul, Robert F, Kennedy Jr, it's, Nikki Haley Organizations: Service, Capitol, Business, Republicans, New York Police Department, Attorney, hyperpartisan New York Democrats, GOP, New York State, Emerson, Trump, Republican, New York House Republicans Locations: New York, New York City, Hudson, Manhattan, D'Esposito's, Democratic, Long, Trump

☆ I unwittingly signed up to the same dating show as my dad. We competed in a strip tease contest on the second day of shooting 'MILF Manor.'
▼ + stars: | 2024-06-01 | by ( Ayomikun Adekaiyero | ) www.businessinsider.com time to read: +7 min

My first 48 hours on "MILF Manor" season two may have been the wildest of my life and the strangest bonding experience that I've had with my dad. Competing in the challenges was mental warfareJami and Joey in the maple syrup couples challenge in "Milf Manor" episode one. Within a second, the other young men and I realized that the new arrivals were our fathers. Chris, another contestant, and I grouped together the other young men and choreographed a dance we hoped would help us win. Joey Schifilliti and Anthony Schifilliti appear on "Milf Manor" season two.

Persons: —, Joey Schifilliti, TLC's, I've, Jami, Joey, Christina Best, Christina, Jami Amaro, Anthony Schifilliti, Barby Garcia Gutierrez, Anthony, Aaron Patton, I'm Organizations: Service, Business, TLC Locations: Canada

☆ UBS expects a comeback for the 60/40 portfolio — and warns investors to limit cash
▼ + stars: | 2024-05-31 | by ( Michelle Fox | ) www.cnbc.com time to read: +4 min

The 60/40 portfolio isn't dead — in fact, it tends to outperform over the long term, according to UBS. The strategy revolves around a simple balanced portfolio, allocating 60% to stocks and 40% to fixed income. That theory was tested when both equities and fixed income slumped in 2022. Crafting a balanced portfolio Falconio expects the new 60/40 construction to look a little different with the rise in popularity of alternative assets. When it comes to traditional fixed income assets, UBS suggests holding strategic, diversified exposure throughout fixed income.

Persons: Cash, Mark Haefele, Leslie Falconio, Falconio, Fannie Mae, Freddie Mac, Ginnie Mae, Darla Mercado Organizations: UBS, Investment Company Institute, Federal Reserve, U.S . Locations: UBS Americas, —

☆ Analysis: Trump conviction heralds a somber and volatile moment in American history
▼ + stars: | 2024-05-31 | by ( Stephen Collinson | ) edition.cnn.com time to read: +12 min

“Today’s verdict does not change the fact that the American people face a simple reality,” said campaign communications director Michael Tyler. Convicted felon or not, Trump will be the Republican nominee for president,” Tyler said. Supporters hold placards and flags following the announcement of the verdict in Trump's criminal trial. Or, the guilty verdict could play into Biden’s campaign theme that his predecessor is too corrupt and extreme to serve as president again. In another age, a guilty verdict would have immediately ended Trump’s campaign.

Persons: Donald Trump’s, ” Trump, foreperson, Trump, “, Joe Biden’s, ”, Michael Tyler, Donald Trump, ” Tyler, he’s, he’ll, he’d, jubilation, He’s, Biden, Andrew Kelly, ignominy, Timothy Naftali, ” Naftali, Stormy Daniels, —, Attorney Alvin Bragg, Prosecutors, Michael Cohen, Todd Blanche, CNN’s Kaitlan Collins, Eric Trump, Justin Lane, Elise Stefanik, Joe Biden, ” Stefanik, Mike Johnson, South Carolina Sen, Lindsey Graham, ” Graham, Larry Hogan, who’s, ” Hogan, Chris LaCivita, hasn’t Organizations: CNN, Trump Tower, Republican, Republican National Convention, Reuters, Trump, Manhattan, Attorney, Manhattan Criminal, New York, GOP, ”, Louisiana Republican, Senate, “ Locations: United States, New York, York, America, South Carolina

☆ Trump is a convicted felon. Here's what it means for the former president.
▼ + stars: | 2024-05-31 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, we're looking at the historic guilty verdict against former President Donald Trump . In a historic verdict, former President Donald Trump was convicted of all 34 criminal counts related to a hush-money payment made to a porn star , write Business Insider's Laura Italiano, Jacob Shamsian, and Natalie Musumeci. AdvertisementIt's the first time a US president has become a convicted felon. This was a rigged trial by a conflicted judge that was corrupt," Trump told reporters in the Manhattan courtroom hallway. Trump told reporters Thursday the "real verdict is going to be November 5 by the people."

Persons: —, Donald Trump, Tyler Le, Laura Italiano, Jacob Shamsian, Natalie Musumeci, Trump, Stormy Daniels, BI's Lloyd Lee, There's, didn't, Chip Somodevilla, Scott Eisen, Joe Biden, Alyssa Powell, Rob Arnott, Bob Elliott, Paul Singer's, Jane Street, Jenny Chang, Rodriguez, Liz Reid, Satya Nadella, Sam Altman, Nadella, Kevin Dietsch, Charles Schwab, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Service, Business, Republican, Trump, NBC, Getty, Wall, Elliott Management, BI, Tech, Sigma, Google, Microsoft, Apple, Big Locations: Giza, Manhattan, Bridgewater, New York, London

political memoThe outcome of Donald Trump’s Manhattan trial on Thursday had seemed almost unthinkable to the Trump team as recently as last summer. Guilty.”When Mr. Trump got up to leave court, his face looked as if he’d been punched in the solar plexus. Mr. Trump and his allies on Capitol Hill and in conservative media assiduously prepared their audiences to be outraged, whatever the outcome. “There’s a sense of personal resentment,” added the senator, who is on a shortlist to be Mr. Trump’s running mate. He got MAGA’d yesterday,” Mr. Trump said in the hallway outside the courtroom.

Persons: Donald Trump’s Manhattan, Donald J, Trump’s, Trump, Mr, Eric, Eric Trump’s, Steve Witkoff, ” Mr, Witkoff, Adam Gray, Jack Smith, Washington, Tanya Chutkan, Manhattan, Mark Pomerantz, Alvin L, Bragg, Michael D, Cohen, “, President Biden, Stephen K, Bannon, Alvin Bragg, Emil Salman, Biden, ” Neil Newhouse, Republican pollster, ”, Newhouse, —, J.D, Vance, MAGA, Robert De Niro, De Niro, ” Ruth Igielnik Organizations: Trump, Republican National Convention, Credit, The New York Times, Democratic, Capitol, Republican, Senate, Republicans, Trump . Credit, Mr, New York Times, Quinnipiac University, “ Voters, Fox, stoke, Biden Locations: Manhattan, Florida, Georgia, New York, U.S, Trump ., Siena, Ohio, Lower Manhattan

☆ The Broken System That Keeps Young American Men From Getting a Job
▼ + stars: | 2024-05-30 | by ( Emily Stewart | ) www.businessinsider.com time to read: +7 min

America's young men aren't working. The effect was driven almost entirely by young men: Unemployment went up by 2.7 percentage points for young men but by only 0.1 percentage points for young women. AdvertisementEmployers might also see young men as riskier to bring on board. Fairly or unfairly, there's a stereotype that young men are more volatile, more immature, and less responsible than their female counterparts. As for why so many young men aren't working, it's a doozy.

Persons: they're, willy, it's, Matt Darling, Darling, —, aren't, There's, Emily Stewart Organizations: Social Security, Niskanen, Unemployment, Lawmakers, Capitol, Business Locations: Washington, Oregon

☆ The Real Reason Employers Are Refusing to Hire America's Young Men
▼ + stars: | 2024-05-30 | by ( Emily Stewart | ) www.businessinsider.com time to read: +7 min

☆ The tense tick, tick, tick of jury deliberations at Trump’s first criminal trial
▼ + stars: | 2024-05-30 | by ( Stephen Collinson | ) edition.cnn.com time to read: +7 min

Trump’s vigilAs Merchan laid out his instructions for the first time on Wednesday, Trump watched from the defense lawyers’ table. Trump’s routine — aimed at voters as he seeks to delegitimize the case before the jury makes up its mind — is getting old. One new wrinkle Wednesday was his warning that the jury instructions could doom his defense. These charges are rigged.”The jury hears none of this, so it’s clear Trump is playing an outside political game. Two of the jurors are attorneys and could potentially give deliberations some structure, according to Jeff Swartz, a former Florida judge.

Persons: Donald Trump’s, Trump, tugging, David Pecker, Michael Cohen, Stormy Daniels, Cohen, ’, Daniels, Juan Merchan, what’s, doesn’t, it’s, Elie Honig, Merchan, Todd Blanche, —, CNN’s Kristen Holmes, Joe Biden, “, Theresa, Jeff Swartz, ” Swartz, ” Organizations: CNN, mull, Trump, Prosecutors, Manhattan, Attorney’s Office, New York City —, Boeing, GOP Locations: Manhattan, Ireland, New York, New York City, West Harlem, Florida

☆ Trump's jury asked to re-hear the judge's 'rain metaphor' instruction — here's what that might mean
▼ + stars: | 2024-05-30 | by ( Jacob Shamsian | Laura Italiano | ) www.businessinsider.com time to read: +5 min

Read previewThe jury in Donald Trump's criminal hush-money trial had a specific request before starting deliberations on Thursday — they asked to hear again what they described in a note as the judge's "rain metaphor" instruction. It advises a jury that they can infer that it's raining — by seeing someone's wet umbrella, for example — even if they don't see the rain themselves. The "rain metaphor," as the jury note called it, is often used by judges in jury instructions. AdvertisementOn Wednesday afternoon, they asked for the judge to read back roughly a half-hour of testimony. After the judge completed his recitation of the jury instructions, two of the court stenographers re-read portions of the testimony.

Persons: —, Donald Trump's, Juan Merchan, Merchan, scribbled, Trump, Stormy Daniels, Daniels, Donald Trump, MARK PETERSON, Getty Images Trump, Michael Cohen, stenographers, David Pecker Organizations: Service, Business, New, Trump, Getty Images, Election, National Enquirer Locations: raincoats

☆ Biden remains silent after Trump verdict, but his campaign underlined the brutal months ahead of the election
▼ + stars: | 2024-05-30 | by ( Brent D. Griffiths | Erin Snodgrass | ) www.businessinsider.com time to read: +5 min

"We respect the rule of law, and have no additional comment," White House Counsel's Office spokesperson Ian Sams said in a statement to the White House press pool. Politico reported that last year, Biden directed the White House, the Democratic National Committee, and his reelection campaign to largely avoid commenting on Trump's legal cases. Advertisement"We're not here today because of what's going on over there," Biden campaign communication director Michael Tyler told reporters, according to the Associated Press. AdvertisementThe verdict comes just weeks before Trump and Biden square off in history's earliest televised major presidential debate. It is almost certain that Trump's legal issues will come up again there.

Persons: —, Joe Biden, Biden, Donald Trump's, Ian Sams, Donald Trump, Michael Tyler, Trump, I've, Donald, Robert De Niro Organizations: Service, White, Business, Counsel's, White House, Republican, Trump, Politico, Democratic National Committee, Union, Capitol, Biden, Associated Press, Top Republicans, Trump . Polling, Voters Locations: Donald Trump's Manhattan, Manhattan, Fulton County , Georgia, mugshot, history's

☆ A wave of AI 'acquihires' is coming. Here's who could be looking for deals.
▼ + stars: | 2024-05-30 | by ( Rebecca Torrence | Riddhi Kanetkar | ) www.businessinsider.com time to read: +8 min

But the tech giant's play underscores the market's demand for tech talent — and venture capitalists expect a wave of "acquihires" to hit the AI ecosystem later this year. M&A dealmaking among AI startups is already off to a strong start this year, with 55 exits recorded in Q1 of 2024, per Crunchbase data. AdvertisementThe majority of AI startups are overpriced, said Konstantin Vinogradov, general partner at Runa Capital. AI startups with revenue in the single-digit millions that raised money at unicorn valuations, Dash said, might not even have that option. Those deals don't make sense for buyers, he said, which could lead Big Tech companies or other AI startups to poach their talent instead.

Persons: —, Inflection's, Ayangar, Konstantin Vinogradov, Somesh Dash, overshadowing, Shmuel Chafets, Sivesh Sivakumar, Shaun Johnson, Naveen Rao, Sivakumar, Johnson, PhotoRoom, Aravind Srinivas, Mike Smeed, Chafets, Dash, they'll Organizations: Service, Microsoft, Business, Investors, Runa, Big Tech, Apple, Target, Ventures, Accenture, Boston Consulting Group, Intuit, Nike, American Express, Safeway, InMotion Ventures, Disney, Netflix Locations: OpenOcean, Snowflake, Databricks

Trump sat still after the verdict was read, with his hands in his lap, looking forward. At the heart of the criminal case against Trump was a payment that prosecutors said was designed to influence the 2016 election. A historic trial with tawdry detailsThe verdict follows the first-ever criminal trial of a former American president. AdvertisementFormer U.S. President Donald Trump departs the courtroom after being found guilty on all 34 counts in his hush money trial at Manhattan Criminal Court. In opening statements at the trial, prosecutor Matthew Colangelo described the case against Trump as being about a "criminal conspiracy," while Blanche likened hush money to "democracy."

Persons: —, Donald Trump, Trump, Stormy Daniels, Juan Merchan, Michael Cohen, Trump's, Daniels, Cohen, Merchan, Cohen —, Justin Lane, Robert Costello, Costello, scoffing, Matthew Colangelo, Blanche, Joe Biden, Robert De Niro, Eric Trump, Alina Habba Organizations: Service, Business, New, Trump, Manhattan Criminal, Prosecutors, Biden, Secret Service, Georgia — Locations: Manhattan, Tahoe, American, Washington ,, Georgia, Florida

☆ A private arts college is set to close, citing issues with the new FAFSA — others may follow, expert warns
▼ + stars: | 2024-05-29 | by ( Jessica Dickler | ) www.cnbc.com time to read: +1 min

The Delaware College of Art and Design is set to close, the institution announced on May 23, citing low enrollment numbers for the upcoming school year, due in part to issues with the new Free Application for Federal Student Aid. Experts have continuously warned that ongoing problems with the new FAFSA form have resulted in fewer students applying for financial aid, which could contribute to already declining enrollment. That page was not accessible Wednesday, but can still be viewed through the Internet Archive. Enrollment at DCAD fell to 129 students, a loss of nearly 10%, between 2017 and 2022, according to federal data. "The Board of Trustees has worked diligently to find other funding solutions, but none allow us to overcome the longer-term problem of too few students," Dahlgren added.

Persons: Jean Dahlgren, Dahlgren Organizations: Delaware College of Art, Federal Student Aid, Experts, Federal, Finance, Education Department Locations: DCAD, Wilmington , Delaware

☆ Denmark Made Home Buying Easier. America Should Follow Its Lead.
▼ + stars: | 2024-05-29 | by ( James Rodriguez | ) www.businessinsider.com time to read: +13 min

When mortgage rates shoot up, as they did over the past two years, many would-be sellers decide they don't want to move after all. AdvertisementAs the Federal Reserve began pushing up borrowing rates in the spring of 2022, hoping to reel in rising inflation, mortgage rates went vertical. So far, this system of pooling together mortgage bonds and selling them to investors is pretty close to the American way of doing things. When US homeowners pay off their mortgages, they have only one option: pony up the amount left on the loan. That's not just good for buyers or sellers or mortgage loan officers — it's good for everyone.

Persons: It's, John Campbell, Danes, Freddie Mac, that's, Will Doerner, —, aren't, pesky, Campbell, Fannie Mae, Banks, Jesper Berg, there's, That's Organizations: Harvard, Federal Reserve, Federal Housing Finance Agency, Homeowners, Danish Financial Supervisory Authority Locations: America, …, Denmark, Zillow, Canada, Australia, Danish

Search resuls for: "Pool"

25 mentions found