DIRS.INFO The most relevant business & tech news

☆ With Big Tech’s runaway 2024, it just might be time to part with a few winners. Here's why
▼ + stars: | 2024-06-05 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +6 min

Those highly appreciated positions can change the risk profile of your portfolio, particularly if it's been a long time since you last rebalanced. Managing the tax hit Trimming heavily appreciated positions in a portfolio that's held in a taxable account may come with a capital gains hit. One potential way to mitigate the tax is to use realized losses to offset those capital gains. In a year when losses exceed capital gains, investors can apply up to $3,000 of those losses to offset ordinary income and then carry over the remainder. Normally, these holdings would be the ones subject to the heftiest capital gains taxes if they were sold.

Persons: Blair duQuesnay, it's, Morningstar, Amy Arnott, Arnott, Roger Aliaga, Diaz, We've, Aliaga, Russell Organizations: Nvidia, Ritholtz Wealth Management, CNBC's, Vanguard, Investors, Federal Reserve, Bond Market, SEC, Aggregate Bond, U.S, Taxpayers Locations: New Orleans

☆ Ukraine Warns of Deepening Russian Threat in the North
▼ + stars: | 2024-05-30 | by ( Constant Méheut | ) www.nytimes.com time to read: +1 min

Gen. Oleksandr Syrsky, Ukraine’s commander in chief, said on Thursday that Moscow was redeploying troops toward Vovchansk and Lyptsi, two villages near the city of Kharkiv that Russian forces have been trying to capture for more than two weeks. Other officials have also said that Russia has massed troops further north, across from the Ukrainian region of Sumy, in preparation for a possible ground offensive in that area. “These forces are not enough to launch a full-scale offensive and break through our defenses,” General Syrsky wrote on Facebook on Thursday. Still, he said, a reorganization of Ukrainian defenses in the area was underway to be prepared to repel assaults. Commanders have been forced to move troops to the north to shore up defenses while waiting for Western weapons in numbers big enough to have an impact.

Persons: Oleksandr Syrsky, Syrsky Organizations: Russian, Facebook Locations: Russia, Ukraine, Moscow, Vovchansk, Kharkiv, Ukrainian, Sumy

☆ Warren Buffett's selling stocks like Apple as he sees trouble ahead — but he'll spend if markets crash: elite strategist
▼ + stars: | 2024-05-12 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewWarren Buffett is cashing in stocks like Apple because he knows the good times won't last — but he'll spend big once disaster strikes, a veteran strategist says. AdvertisementThe conglomerate's disposals fueled a $21 billion increase in its stack of cash and Treasurys to a record $189 billion. Related storiesDietrich underscored that as a value investor, Buffett prizes underpriced assets and avoids expensive ones. Apple, which remains Buffett's largest stock holding by far, has more than tripled in value since he finished building the position in 2018.

Persons: —, Warren Buffett, Paul Dietrich, Riley Wealth, Buffett, Dietrich, He's, Jeff Bezos, Jamie Dimon, Meta's Mark Zuckerberg, he'll, Goldman Sachs, Davidson Organizations: Service, Apple, Business, Berkshire Hathaway, Berkshire, Walmart, downturns, Electric, Dow Chemical Locations: Berkshire

☆ Higher yielding CDs are coming due. Here’s where savers are redeploying their cash
▼ + stars: | 2024-04-04 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +3 min

Today's higher rates on CDs aren't going to last , however. For investors contending with maturing CDs, that means they're running out of places to stash their idle cash and still generate an attractive yield. "The issue is reinvestment risk," said Michael Carbone, certified financial planner and financial advisor at Eppolito Financial Strategies in Chelmsford, Massachusetts. That's because once the Fed begins cutting rates, fixed income with longer-dated maturities will allow investors to lock in those higher yields. An opportunity to diversify fixed income In addition to adding exposure to longer-dated bonds, advisors have also been diversifying across different classes of fixed income.

Persons: Wells Fargo, Banks, Jerome Powell, Michael Carbone, Catherine Valega, Valega, Carbone, Josh Nelson, he's Organizations: Green Bee, Keystone Financial Services, MBS Locations: Chelmsford , Massachusetts, Winchester , Massachusetts, Loveland , Colorado, BlackRock

☆ What Wall Street bosses from Goldman Sachs to JPMorgan are saying about the jobs outlook for 2024 in investment banking, wealth management, and more
▼ + stars: | 2024-01-16 | by ( Emmalyse Brownstein | Alex Morrell | Reed Alexander | ) www.businessinsider.com time to read: +11 min

Last year, banks opened 2023 by forecasting layoffs, including for the investment bankers who suddenly had nothing to do following the pandemic-era M&A and IPO boom. Citigroup kicked off 2024 ominously, warning that it will lay off as many as 20,000 employees by 2026. The bank expects 2024 expenses to increase further to total $90 billion, up $2.8 billion from 2023, and much of that will be focused on hiring. CFO Barnum on Friday said the bank is gearing up for a "rebound in the investment banking wallet." Headcount declined 3% to 80,006 from 82,427, while compensation expenses rose to $24.5 billion from $23 billion.

Persons: It's, it's, Jane Fraser, Jeremy Barnum, JPMorgan Chase Jamie Dimon, JPMorgan Chase, Alex Wroblewski, JPMorgan's headcount, Barnum, Friday, Patrick T, Fallon, —, Fraser, Q, Goldman Sachs Goldman Sachs, David Solomon, BRENDAN MCDERMID, Goldman Sachs, Denis Coleman, Coleman, Goldman, Bank of America Brian Moynihan, Robert Galbraith, headcount, BofA, Alastair Borthwick, execs, they've, Brian Moynihan, Wells Fargo Charles Scharf, Lucy Nicholson Wells Fargo, Michael Santomassimo, Charlie Scharf, Santomassimo, BlackRock Larry Fink, Fink, Kapito, Morgan Stanley Ted Pick, Morgan Stanley, Jeenah, Headcount, Morgan, Ted Pick, Sharon Yeshaya, Blackstone Steven Schwarzman, Blackstone, Gonzalo Fuentes Organizations: Business, Citigroup, JPMorgan, Citi, BlackRock, Blackstone, Getty, AlphaSense, Citigroup Citigroup, Bank of America, REUTERS, Robert, Robert Galbraith Bank of America's, Reuters, AP BlackRock, Global Infrastructure Partners Locations: Wall, headcount, Wells Fargo

☆ PepsiCo's Parth Raval on 2024: We have to get better and more sophisticated at planning
▼ + stars: | 2023-12-30 | by ( Josée Rose | ) www.businessinsider.com time to read: +6 min

AdvertisementParth Raval is a big fan of planning, especially at a company like PepsiCo. As chief growth officer for PepsiCo Foods North America, Raval has to balance the short term with the long term. Continuing to build out and accelerate agendas around longer-range planning across supply and demand, and using technology to help us be more granular. I think this was manifested in longer-range planning across supply and demand, as macroeconomic factors created an imbalance at times. It's actually something we're going to turn to in 2024 to do better, longer-range planning.

Persons: Raval, —, he'd, there's, — we'd Organizations: PepsiCo Foods North America, Service, PepsiCo, PepsiCo Foods North, Quaker, Business Locations: Business, PepsiCo Foods North America, America

☆ War-Inflicted Slowdown Ends Robust Year for Tourism in Middle East
▼ + stars: | 2023-11-30 | by ( Christine Chung | More About Christine Chung | ) www.nytimes.com time to read: +2 min

The ongoing war between Israel and Hamas, which erupted in early October, has halted international tourism to Israel and severely blunted travel to neighboring countries in a ripple effect spreading across the entire Middle East. While the slowdown in international visitors is only one of the war’s economic repercussions in the region, it poses a significant threat to the economies of Egypt, Jordan and other nations heavily dependent on tourism and has swiftly reversed a banner year of travel in the Middle East. The war has affected all segments of the travel industry, with international travel operators scaling back or postponing excursions, cruise lines redeploying ships and airlines dramatically reducing service. And many travelers, heeding government warnings and their own worries, are increasingly wary about visiting the region, prompting waves of cancellations. “We foresaw the Middle East evolving into the ‘New Europe’ with the Iran-Saudi Arabia rapprochement and Saudi Arabia’s integration into the tourism system,” said Khaled Ibrahim, a Cairo-based consultant for Amisol Travel Egypt and a member of the Middle East Travel Alliance.

Persons: ”, Khaled Ibrahim, —, Hussein Abdallah, hasn’t Organizations: Amisol Travel, East Travel Alliance, UNESCO Locations: Israel, Egypt, Jordan, Europe, Iran, Saudi Arabia, Saudi, Cairo, Amisol Travel Egypt, Lebanon, Beirut, Baalbek

☆ Germany to withdraw Patriot air defence units from Poland
▼ + stars: | 2023-11-08 | by ( ) www.reuters.com time to read: +2 min

German Patriot air defence system units are seen at the military base, during German Defence Minister Boris Pistorius' visit, near Zamosc, Poland July 3, 2023. REUTERS/Kacper Pempel/File photo Acquire Licensing RightsBERLIN, Nov 8 (Reuters) - Germany is set to end the deployment of three Patriot air defence units to Poland after almost a year, the defence ministry in Berlin said on Wednesday, confirming earlier plans. The German soldiers will wrap up their operations on Friday and start redeploying from next week, the ministry said. "I am very happy about the friendly and appreciative reception our soldiers in Zamosc were granted by the Polish military and the people living there," German Defence Minister Boris Pistorius said. Reporting by Sabine Siebold Editing by Gareth JonesOur Standards: The Thomson Reuters Trust Principles.

Persons: Boris Pistorius, Kacper, PiS, Sabine Siebold, Gareth Jones Organizations: Patriot, German, REUTERS, Rights, Patriots, Law and Justice, Thomson Locations: Zamosc, Poland, Germany, Berlin, Polish, Ukrainian, Ukraine, Przewodow, Warsaw

☆ Russian casualties soar by 90% as Putin's generals order furious attacks on small city in east, UK intelligence says
▼ + stars: | 2023-10-22 | by ( Alia Shoaib | ) www.businessinsider.com time to read: +2 min

Russia has been carrying out offensive operations in the area of Avdiivka in eastern Ukraine. The assaults have contributed to a 90% increase in Russian casualties, the UK MoD said. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Russia has been carrying out offensive operations in the area of Avdiivka, a small city just to the north of Donetsk. AdvertisementAdvertisementIt added that it was likely Russian forces had taken around 150,000-190,000 "permanent casualties" — those killed and permanently wounded — since Putin's full-scale invasion began in February 2022.

Persons: —, Wagner, Yevgeny Prigozhin Organizations: MoD, Service, UK Ministry of Defence, for, Wagner Group Locations: Russia, Avdiivka, Ukraine, Donetsk, Russian, Bakhmut

☆ What tie-ups in the U.S. oil patch could mean for players like Coterra Energy
▼ + stars: | 2023-10-19 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +6 min

While we don't own companies as mergers-and-acquisition plays, the potential for more tie-ups could have significant implications for our remaining oil name: Coterra Energy (CTRA). Chevron's market cap is around $324 billion, while ConocoPhillips is worth roughly $152 billion, based on Thursday's stock prices. Companies in this basket could include Coterra, Devon Energy (DVN) and Diamondback Energy (FANG). Coterra is valued at roughly $22.4 billion Thursday, while Devon and Diamondback are valued at $31.7 billion and $30.5 billion, respectively. The shift has generally been positive for the stock prices of oil companies.

Persons: Gabriele Sorbara, Siebert Williams Shank, Nitin Kumar, I'm, Kumar, Pioneer's, Devon, Paul Cheng, Cheng, Jim Cramer's, Mizuho's Kumar, Jim Cramer, Jim, Paul Ratje Organizations: Exxon Mobil, Natural Resources, Coterra Energy, Exxon, Co, Chevron, ConocoPhillips, Mizuho Securities, Companies, Devon Energy, Diamondback Energy, Marathon, Bloomberg, Scotiabank, Pioneer, Jim Cramer's Charitable Trust, CNBC, Afp, Getty Locations: U.S, West Texas, New Mexico, Coterra, Devon, Oklahoma, Houston

☆ Iran's Revolutionary Guards Move Fighters Closer to Syrian Border With Israel
▼ + stars: | 2023-10-15 | by ( ) www.wsj.com time to read: 1 min

Iran’s Islamic Revolutionary Guard Corps is moving some of its members toward the Israeli border, sparking concerns a new front could open in the confrontation between Tel Aviv and its regional foes. The IRGC has been redeploying fighters from the eastern Syrian city of Deir ez-Zor southward to an area close to Damascus, according to a Syrian government adviser and a Deir ez-Zor activist. The Syrian government adviser said Iran’s aim remained largely defensive. “There is a big concern that if there was a war, there is a strong need to protect the regime,” he said. A spokesman for the Iranian delegation at the United Nations didn't return a request for comment.

Persons: Deir, Iran’s, ” Organizations: Islamic Revolutionary Guard Corps, Iranian, United Nations Locations: Tel Aviv, Syrian, Deir, Damascus

The push into Iowa highlights the state’s make-or-break status for Mr. DeSantis’s long-shot effort to defeat former President Donald J. Trump. Mr. DeSantis hopes a surprise victory in Iowa’s caucuses, the first voting state of the Republican nominating contest, will make enough voters see that Mr. Trump is beatable — motivating them to quickly rally around Mr. DeSantis as the only candidate able to stop him. About a third of Mr. DeSantis’s campaign staff, including senior political and communications advisers, were informed on Wednesday morning that they would be expected to move into short-term housing in Iowa and work from offices in the state. His campaign now employs 56 people, including four Iowa staff members — a number that will soon grow to nearly two dozen, making Iowa a de facto second headquarters. The relocation completes a monthslong retooling of Mr. DeSantis’s campaign, which was in dire financial straits this summer — with delayed bills and unpaid invoices piling up — and had to do two rounds of mass firings in order to remain solvent.

Persons: Ron DeSantis, redeploying, DeSantis’s, Donald J, Trump, DeSantis, — Organizations: Iowa, Republican, Mr Locations: Florida, Tallahassee, Des Moines, Iowa’s, Iowa

Russian President Vladimir Putin meets with senior former commander of the Wagner mercenary group Andrei Troshev and Deputy Defence Minister Yunus-Bek Yevkurov in Moscow, Russia, September 28, 2023. Putin was shown on state television meeting at the Kremlin with Andrei Troshev, a former Wagner commander known by his nom de guerre "Sedoi" - or "grey hair". Russia's Kommersant newspaper has reported that just days after the Wagner mutiny Putin had suggested that Troshev take over from Prigozhin. The Putin meeting in the Kremlin appears to indicate that what remains of Wagner will now be overseen by Troshev and Yevkurov. After Bakhmut's fall, Wagner units withdrew from Ukraine.

Persons: Vladimir Putin, Wagner, Andrei Troshev, Yunus, Bek Yevkurov, Mikhail Metzel, Putin, Troshev, Yevgeny Prigozhin, Dmitry Peskov, Prigozhin's, WAGNER'S, Yevkurov, of, Guy Faulconbridge Organizations: Sputnik, REUTERS Acquire, Ukraine British, Kremlin, Deputy, Russia's Kommersant, Reuters, British, Russian Ministry of Defence, Islamic State, Thomson Locations: Moscow, Russia, Ukraine, MOSCOW, Russian, Prigozhin, Ukrainian, Bakhmut, redeploy, Afghanistan, Chechnya, St Petersburg, of Russia, Palmyra, Syria

☆ Explainer: Wagner group - Is it back? Who controls it?
▼ + stars: | 2023-09-29 | by ( ) www.reuters.com time to read: +5 min

Is Wagner back, who controls it and are its fighters returning to the Ukraine war? After the fall of Bakhmut, Wagner fighters were withdrawn from the front. While Prigozhin criticised Russian Defence Minister Sergei Shoigu, Yelizarov said Shoigu was "out of control" and seeking to destroy Wagner. Russian, Ukrainian and Western sources have indicated that Wagner fighters are returning to the front. Russian war blog Rybar, which has over 1.2 million subscribers, said that Wagner fighters would return to Bakhmut.

Persons: Vladimir Putin, Wagner, Andrei Troshev, Yunus, Bek Yevkurov, Mikhail Metzel, WAGNER, Yevgeny Prigozhin, Dmitry Utkin, Bakhmut, Prigozhin, Putin, Anton Yelizarov, Yelizarov, Utkin, Sergei Shoigu, Shoigu, Wagner's Troshev, Troshev, Rybar, Guy Faulconbridge Organizations: Sputnik, REUTERS Acquire, Rights, deniability, United States, . Police, Reuters, Russian, Russian Ministry of Defence, PMC, Thomson Locations: Moscow, Russia, Ukraine, dabble, Syria, Libya, Mali, Bakhmut, Rostov, Russian, St Petersburg, Central African Republic, redeploy

HONG KONG, Sept 26 (Reuters Breakingviews) - Global banks in Hong Kong are feeding on scraps. Bankers in Hong Kong are working on smaller issuances than they typically took on in the past, Dealogic data shows. Among the bigger ones in the works, courier SF Holding (002352.SZ) has filed for a secondary listing in Hong Kong and may raise up to $3 billion, per IFR. Fees on Indian deals are tiny, for example, and costs in Hong Kong are high. Overall investment banking fees in Hong Kong are set to come in at the lowest level in a decade too, Dealogic data shows, with HBSC top of the table.

Persons: Morgan Stanley, Debtwire, Una Galani, Pranav Kiran Organizations: Reuters, UBS, Bank of America, Bankers, HK, SF, Thomson Locations: HONG KONG, Hong Kong, New York, Swiss, United States, China, brimming, Shenzhen, Asia, India, U.S, Asia Pacific, Japan

CNN —The general leading Ukraine’s counteroffensive along the southern front line says his forces have broken through in Verbove – and predicts an even bigger breakthrough to come. However, open-source analysis of available video suggests that some Ukrainian units have crossed through an important line of Russian defenses near the village of Verbove. Stringer/ReutersAt the beginning of September Ukrainian forces said they had taken the village of Robotyne and were pushing east toward the village of Novoprokopivka. CNN reported earlier this week that the Ukrainian forces were still some 20 kilometers from Tokmak, struggling to break through the multiple layers of Russian defenses. “But the actions of our fighters force them to slowly pull back when they face our assault squads.”The general conceded that for the counteroffensive to be a success, Ukrainian forces need to at least reach the city of Tokmak.

Persons: Verbove –, Oleksandr Tarnavsky, Frederik Pleitgen, ”, Stringer, Soldiers, Tarnavsky, ” Tarnavsky, “, Rather, Sergey Surovikin, Ukraine – Tarnavsky, Tokmak, Pleitgen, It’s, Ukraine’s, CNN Wagner, ‘, Wagner, Yevgeny Prigozhin, Vladimir Putin, Prigozhin, redeploying, that’s, it’s Wagner, it’s Organizations: CNN, International, Kyiv, Reuters, Assault Brigade Locations: Verbove, Russia, Ukrainian, Zaporizhzia, Zaporizhzhia, Crimea, Robotyne, Novoprokopivka, Ukraine, Tokmak, West, Russian, Belarus, Kherson, –, Sevastopol, Crimean

☆ Analysis: EU, Italy talk tough on migration but action won't be easy
▼ + stars: | 2023-09-19 | by ( Alvise Armellini | ) www.reuters.com time to read: +6 min

[1/5] An Italian Coast Guard vessel carrying migrants rescued at sea passes between tourist boats, on Sicilian island of Lampedusa, Italy. Well over 10,000 migrants reached the Italian island - whose permanent population is about 6,000 - last week. Lampedusa sits in the Mediterranean between Tunisia, Malta and the larger Italian island of Sicily and is a first port of call for many migrants seeking to reach the EU. In 2020, it was discontinued as other EU nations balked at Italian requests to have them redistributed around the bloc. Other EU states have not commented publicly on the idea of a naval blockade, which Italy says would also need the consent of North African states.

Persons: Yara, Sophia, Giorgia Meloni, Lampedusa, Meloni, Ursula von der Leyen, Ferruccio Pastore, Pastore, von der Leyen, Maurizio Ambrosini, Jan Strupczewski, Gavin Jones, Janet Lawrence Organizations: Italian Coast Guard, EU, European Union, European, International, European Forum, Research, Immigration, Human, Reuters, Dublin, University of Milan, Thomson Locations: Lampedusa, Italy, North Africa, ROME, Tunisia, Malta, Sicily, Europe, Albania, Italian, Rome, Tirana, France, Austria, Dublin, EU, Germany, Brussels, repatriations

☆ Ukraine's army keeps outsmarting Russia on the battlefield, with cunning ruses and opportunistic attacks
▼ + stars: | 2023-09-15 | by ( Tom Porter | Mia Jankowicz | ) www.businessinsider.com time to read: +10 min

"Deception has succeeded against Russian forces at all echelons and across all three service branches," the report said. A Russian drone had earlier damaged a tank there, and Afanasyev wanted to make sure it didn't happen again. AdvertisementAdvertisementThe company says over 250 of these decoys have so far been handed over to the Ukrainian military. In eastern Ukraine's Popasna, a base used by the mercenary pro-Russian Wagner Group was bombed to rubble by Ukrainian troops in April 2022. Ukraine's 110th brigade then "worked effectively to attack the Russian soldiers," he said.

Persons: it's, Ivan Oleksii, Oleksii, Cmdr, Oleksandr Afanasyev, Afanasyev, Vladimir Solovyov, Wagner, Igor Russak, Ukraine's, Huw Dylan, David Gioe, Joe Littell Organizations: Service, Royal United Services Institute, Russian, Getty, Kremlin, Wagner, Russian Wagner, Wired, Purpose, Center for Information Resilience, 25th Airborne Brigade, Modern War Locations: Russia, Ukraine, Wall, Silicon, Ukrainian, Russian, Kyiv, Makiivka, Lyman, Donetsk, St Petersburg, Ukraine's, Avdiyivka, Europe, Izium, Kharkiv, Kherson

☆ These safe assets offer yields exceeding 5%. Why investors shouldn’t lean too heavily on them
▼ + stars: | 2023-09-11 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +4 min

The Fed's rate-hiking campaign gave investors an opportunity they haven't seen in years: Risk-free returns are finally interesting. Six-month Treasurys are yielding 5.5%, while a bevy of money market funds are offering 7-day yields exceeding 5%, according to Crane Data . However, at some point, rates will come down — and investors hiding in short-term, high-yielding assets could find themselves with no place to go. That means investors could be left with few places to go for attractive yields in a lower rate environment as their shorter-term assets mature — known as reinvestment risk. The benefit of laddering when rates are high is that the longer-dated bonds will have already locked in the higher yields.

Persons: There's, we've, Crystal Cox, Matthew McKay, McKay, Jerrod Pearce, Pearce, Wealthspire's Cox Organizations: Federal Reserve, Data, Wealthspire Advisors, Briaud Financial, CFP, Creative Planning

☆ Russia will run out of all its best soldiers, says top Ukraine general
▼ + stars: | 2023-09-03 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +4 min

Ukrainian forces in southeastern Ukraine have broken through Russia's first line of defense. Russia devoted 60% of its time and resources to the first line, the Ukrainian general told The Observer. "Sooner or later, the Russians will run out of all the best soldiers," he said. Ukraine's recent success in overcoming Russia's first defensive line comes after weeks of painstaking mine clearance. But sooner or later, the Russians will run out of all the best soldiers.

Persons: Russia's, Oleksandr Tarnavskiy, Tarnavskiy Organizations: Observer, Service, Infantry, Russian Defense Ministry, Anadolu Agency, Getty Images Locations: Ukraine, Russia, Ukrainian, Wall, Silicon, Moscow, Zaporizhzhia, Kherson

☆ JetBlue cuts forecast on shift to international travel, end of American Airlines partnership
▼ + stars: | 2023-08-01 | by ( Leslie Josephs | ) www.cnbc.com time to read: +2 min

JetBlue Airways slashed its 2023 outlook and warned of a potential loss in the current quarter as travelers opt for destinations abroad and the carrier grapples with the end of its partnership with American Airlines in the Northeast. JetBlue forecast adjusted earnings per share for the full year ranging from 5 cents to 40 cents, down from an earlier estimate for per-share earnings of as much as $1. Airline executives this earnings season have noted a shift in demand toward long-haul international travel, which was hurt during the pandemic. JetBlue's COO Joanna Geraghty said the shift is "pressuring demand for domestic travel during the peak summer travel period. Both JetBlue and United Airlines said a shortage of air traffic controllers exacerbated flight disruptions resulting from thunderstorms in late June and July.

Persons: Joanna Geraghty, anticompetitive, Geraghty Organizations: JetBlue Airways, American Airlines, Northeast, JetBlue, Revenue, Airline, ., United Airlines Locations: New York, Boston

☆ BOJ tweak stirs yen volatility; dollar stays down after US data
▼ + stars: | 2023-07-28 | by ( Laura Matthews | ) www.reuters.com time to read: +4 min

[1/3] Banknotes of Japanese yen and U.S. dollar are seen in this illustration picture taken September 23, 2022. Whipsawing as traders digested the decision, the Japanese yen weakened 1.13% versus the greenback and was last at 141.05 per dollar in the New York afternoon session. U.S. annual inflation in June increased by the smallest amount in more than two years, with underlying price pressures moderating. CENTRAL BANK WEEKEarlier this week, the Fed and the European Central Bank announced interest-rate hikes, as expected. The ECB raised the possibility of a pause in September as inflation pressures show tentative signs of easing with recession worries mounting.

Persons: Florence Lo, Karl Schamotta, Adam Button, Jerome Powell, Sterling, bitcoin, Laura Matthews, Amanda Cooper, Alun John, Ankur Banerjee, Jonathan Oatis, Matthew Lewis Organizations: U.S, REUTERS, Bank of Japan, New York, Bank of, Federal Reserve, Commerce Department, ForexLive, Federal, CENTRAL, Fed, European Central Bank, ECB, Thomson Locations: Whipsawing, New, Corpay, Toronto, Japan, Bank of Japan, New York, London, Singapore

☆ Risking revival of unrest, Iran rulers tighten curbs on dissent
▼ + stars: | 2023-07-18 | by ( Parisa Hafezi | ) www.reuters.com time to read: +4 min

Police on Sunday announced that the morality police force has intensified its crackdown on women flouting the compulsory dress code. Security forces crushed months of unrest during which protesters from all walks of life called for the downfall of the Islamic Republic and women took off and burned the compulsory headscarves in fury. "The Islamic Republic feels threatened. By redeploying the morality police, the regime is fuelling the people's revolution," said Atena Daemi, a prominent human rights activist in Iran. "People are very angry due to repression, rights violations and worsening economic problems.

Persons: Mahsa, Amini, Atena Daemi, Mohammad Khatami, Parisa, Michael Georgy, Angus MacSwan Organizations: West Asia News Agency, REUTERS, Islamic, Police, Sunday, Thomson Locations: Tehran, Iran, WANA, DUBAI, Islamic Republic, Republic

The satellite, which was launched onboard SpaceX's Falcon Heavy rocket on April 30, is a key part of Viasat's plan to expand its broadband business in the Americas. The stock was on course for its biggest one-day percentage decline on record, surpassing a 27.7% drop in April 2001, per Refinitiv data. The company said it is working to minimize the economic impact of the faulty satellite by redeploying other satellites from its fleet. Viasat in May completed its $7.3 billion acquisition of British satellite rival Inmarsat after securing approval from European Union regulators. Viasat owns and operates four geostationary earth orbit satellites while Inmarsat has 15.

Persons: Inmarsat, Chibuike Oguh, Will Dunham Organizations: YORK, Viasat, U.S, ViaSat, European Union, Thomson Locations: Americas, California, British, New York

[1/3] Pedestrians are reflected on a window of a commercial building at closing hour at a financial district in Tokyo, Japan, November 22, 2017. The number of activist funds has trebled over the last five years to 69, according to data from IR Japan. Joining a hedge fund where you might lose your job tomorrow because you lost money or didn't raise funds is a very foreign world for such workers." "Many global hedge funds are opening up Tokyo offices and hiring talent" to support a growing investment focus, said Masa Yanagisawa, head of prime services Japan at Goldman Sachs in Tokyo. Hong Kong-headquartered activist hedge fund Oasis Management has hired people in Japan this year, including a former senior regulatory official it appointed to its advisory council.

Persons: Kim Kyung, Warren Buffett, Stefan Nilsson, Masa Yanagisawa, Goldman Sachs, Seth Fischer, FinCity.Tokyo, Keiichi Aritomo, Toby Bartlett, Goldman's Yanagisawa, UBP, Cedric Le Berre, Xie Yu, Makiko Yamazaki, Scott Murdoch, David Dolan, Lincoln Organizations: REUTERS, Global, Nikkei, Funds, Oasis Management, Oasis, Citadel, Citadel Securities, Nasdaq, May, Angel, Asset Management, Thomson Locations: Tokyo, Japan, HONG KONG, TOKYO, Hong Kong, Singapore, Swiss, China, Taiwan, Sydney

Search resuls for: "redeploying"

25 mentions found