DIRS.INFO The most relevant business & tech news

☆ Scaloni heads into final as the coach who made Messi and Argentina smile again
▼ + stars: | 2022-12-16 | by ( Fernando Kallas | ) www.reuters.com time to read: +4 min

"He can't even direct traffic, how come he will direct the national team. They have since created a bond that has allowed a rejuvenated Messi to enjoy his best years with the national team. It was that which arguably gave them the foundation to regroup after their shock loss to Saudi Arabia in their World Cup opener. Representing my country is an emotional thing," Scaloni told reporters after Argentina swept past Croatia 3-0 in their World Cup semi-final. Thanks to Scaloni's acumen, Argentina are on the brink of glory - and while Messi will claim the attention, his coach deserves his share of the plaudits.

☆ Michael Jordan: The NBA has renamed its MVP trophy after the Bulls great
▼ + stars: | 2022-12-13 | by ( Amy Woodyatt | ) edition.cnn.com time to read: +15 min

Andrew D. Bernstein/NBAE/Getty Images Jordan poses for a Little League Baseball photo in the late 1970s. Ken Levine/Getty Images Jordan famously shrugs his shoulders after hitting another 3-pointer during the 1992 NBA Finals versus Portland. "There is a reason you call someone the Michael Jordan of ... neurosurgery, or the Michael Jordan of rabbis, or the Michael Jordan of outrigger canoeing. Chip Somodevilla/Getty Images Jordan continues to promote Nike's Jordan Brand across the world. Jordan Brand/Getty Images Jordan cries at the Kobe Bryant memorial in Los Angeles in February 2020.

☆ Cash-strapped home sellers and buyers are getting much-needed relief with four weeks of mortgage rate drops
▼ + stars: | 2022-12-10 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +4 min

This week, the average rate for a 30-year mortgage stood at 6.33% – marking the fourth consecutive week of declines. Mortgage rates have declined three quarters of a point over the last four weeks, representing the largest drop since 2008. Over the last four weeks, mortgage rates have declined three quarters of a point — marking the largest drop since 2008. The recent downturn reverses a protracted period of hikes in mortgage rates and could make home purchases more affordable for prospective buyers. There is a flip-side to the latest slide in mortgage rates, however.

☆ Amid inflation and market volatility, just 12% of adults — and 29% of millionaires — feel 'wealthy'
▼ + stars: | 2022-12-08 | by ( Jessica Dickler | ) www.cnbc.com time to read: +1 min

Inflation, geopolitical uncertainty and fears of a recession have undermined financial confidence across the board, according to a new report by Edelman Financial Engines. Less than one-quarter, or 23%, of more than 2,000 adults polled earlier this fall said they felt "very comfortable" about their finances. Fewer — just 12% — consider themselves wealthy, the report said. Even with their high net worth, less than half of all millionaires, or 44%, felt "very comfortable" about their finances and fewer than one-third, or 29%, felt wealthy, the report also found. But at a time when inflation and stress levels are up, and markets and portfolios are down, "very few Americans actually feel wealthy."

☆ What next for US soccer after an inspiring World Cup?
▼ + stars: | 2022-12-05 | by ( Stephen Collinson | ) edition.cnn.com time to read: +4 min

But the talented, telegenic and multiracial Americans left fans with soaring hopes before the US, Canada and Mexico host the 2026 World Cup. Often, the World Cup and Olympic gold medal-winning US women’s soccer team gets more attention than their male counterparts — although their pay is only just beginning to catch up. The idea of an unexploited market of soon-to-be-soccer fans has long beckoned to FIFA’s marketing teams, especially during the 1994 stateside World Cup, but has never been fully realized. US soccer fans are also increasingly sophisticated, glued to NBC’s Premier League coverage reportedly worth more than $2 billion. The beautiful game’s place in the country’s sports scene could be cemented if the US makes noise in the next World Cup.

☆ Political Risk Returns to China and Looks Here to Stay
▼ + stars: | 2022-11-28 | by ( Nathaniel Taplin | ) www.wsj.com time to read: 1 min

Shortly after Chinese leader Xi Jinping reaffirmed his position at the pinnacle of Chinese political power, he faces what could be the biggest test of his tenure. The outcome could reshape how foreign multinationals operate in China, the flow of global manufacturing investment, and China’s relations with developed democracies. What is more, several fundamental factors leading to this moment are unlikely to fade for the foreseeable future.

☆ Political Risk Returns to China, and Looks Here to Stay
▼ + stars: | 2022-11-28 | by ( Nathaniel Taplin | ) www.wsj.com time to read: 1 min

☆ Kevin McCarthy faces high-wire act as Republicans close in on U.S. House majority
▼ + stars: | 2022-11-15 | by ( David Morgan | ) www.reuters.com time to read: +6 min

As speaker, McCarthy would be well placed to frustrate Democratic President Joe Biden's legislative ambitions. In Republican House leadership elections on Tuesday, McCarthy is expected to overcome a challenge from hard-line conservative Representative Andy Biggs. Republicans fell short of the "red wave" that some had predicted for a comfortable House majority and control of the Senate. The last two Republican House speakers, John Boehner and Paul Ryan, came under varying degrees of pressure from the right flank of the Republican caucus. The Congressional Leadership Fund, a group tied to him, contributed more than $160 million to help Republican House candidates.

☆ Solana is facing its 'crucible moment' after the FTX blowup sent it down 50% last week
▼ + stars: | 2022-11-13 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +4 min

Investors say it feels like a make-or-break moment for the Solana network, but they're optimistic it'll pull through. "Every community has to have a crucible moment," said Avichal Garg, a managing partner at venture capital firm Electric Capital. "FTX really helped construct this ecosystem, they put a lot of money and resources behind it and helped the flywheel get going," Garg said. On the bright side, whatever amount of Solana tokens was locked on the FTX exchange can't be sold now. However, those close to the Solana community have been strongly encouraged by growth trends in its developer base.

Formerly a prodigious amateur, for eight years Brewerton had traveled the world competing at the summit of women’s professional golf. Regular top-10 finishes became fleeting, then non-existent, and as Brewerton’s ranking tumbled, so too did her income. Despite her struggles in the game, Brewerton never fell out of love with golf. Looking back, Brewerton believes she was often guilty of over-training, at the expense of working on the mental side of her game. Comfortably inside the top-20 ranked players on the LET, Brewerton is enjoying her best season in a decade, with three top-10 finishes highlighting a flurry of top-25 outings.

☆ Atthaya Thitikul: Thai teen becomes second youngest women's world No. 1 golfer
▼ + stars: | 2022-11-01 | by ( Jack Bantock | ) edition.cnn.com time to read: +9 min

In doing so Thitikul becomes the second youngest golfer to reach the summit of the women’s game. Already a two-time winner on the LPGA Tour, Thitikul is also only the second player – after Park Sung-hyun – to have reached the world No.1 slot in their rookie season. Henderson has since racked up eight wins on the LPGA Tour, her most recent coming at the LA Open in April 2021. She won her first LPGA Tour event in March 2022 at the JTBC Classic in Southern California (pictured), and in May, rose to No. 1 ranking in 2015, and today boasts 17 victories on the LPGA Tour.

The trial over Arkansas’ ban on gender-affirming care for trans children recently began. As vulnerable children await to hear if their bodily autonomy will be stripped away, we should remember that cisgender children seek gender-affirming care with relatively little social stigma attached. The care that I received is just one small example of the gender-affirming care that cisgender folks receive regularly. The care that I received is just one small example of the gender-affirming care that cisgender folks receive regularly. And a recent viral interview between Jon Stewart and Arkansas Attorney General Leslie Rutledge about her state’s ban on gender-affirming care for trans youth points to a large part of the problem.

☆ Vince Dooley, longtime Georgia football coach, dies at 90
▼ + stars: | 2022-10-29 | by ( The Associated Press | ) www.nbcnews.com time to read: +9 min

ATLANTA — Vince Dooley, the football coach who carried himself like a professor and guided Georgia for a quarter-century of success that included the 1980 national championship, died Friday. “Our family is heartbroken by the death of Coach Dooley. He was one of a kind with an unmatched love for UGA!” current Georgia coach Kirby Smart wrote on Twitter. The field at Sanford Stadium was dedicated in his honor during the 2019 football season. At Georgia, Dooley coached a plethora of standout players — from Bill Stanfill to Scott Woerner to Rodney Hampton.

But Silva is getting a second chance to celebrate her quinceañera or 15th birthday in a different, more empowering way. Silva is part of Quince to the Polls, a campaign by Poder Quince geared to mobilize young women to become civic and community leaders. Poder Quince is a program run by Jolt Initiative, a progressive nonprofit organization focused on increasing the civic participation of Latinos, especially young Latinos. “Even though I can’t vote yet," Silva said, "I want to motivate others." Organizers on the ground will be speaking with community members, many of who are first-time voters, said Christine Bolaños, director of communications at Jolt Action, Jolt Initiative's political arm.

☆ What do Indians think about Rishi Sunak’s rise? Like UK-India relations, it’s complicated
▼ + stars: | 2022-10-26 | by ( Rhea Mogul | ) edition.cnn.com time to read: +13 min

Now, an Indian-origin man has become the Prime Minister of England,” a Zee News anchor said. Leon Neal/Getty Images Sunak and Boris Johnson watch as a sheep is sheared during a visit to a farm in North Yorkshire, England, in July 2019. Danny Lawson/PA Images/Getty Images Sunak speaks during a general election debate in Cardiff, Wales, in November 2019. Hollie Adams/Bloomberg/Getty Images Sunak and Murty are seen with their daughters, Krishna and Anoushka, while campaigning in Grantham, England, in July 2022. Indian Prime Minister Narendra Modi suggested as much in a tweet welcoming Sunak’s appointment.

☆ Here are Tuesday's biggest analyst calls of the day: Apple, Amazon, Tesla, Microsoft, Rivian & more
▼ + stars: | 2022-10-25 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Here are Tuesday's biggest calls on Wall Street: Piper Sandler initiates Deckers as overweight Piper said it's bullish on the company's Hoka shoe brand. Bernstein reiterates Tesla as underperform Bernstein said it's concerned about China competition for Tesla. Mizuho reiterates Rivian as buy Mizuho said Rivian is best positioned with China concerns and potential EV slowdowns globally. Morgan Stanley reiterates Tesla as overweight Morgan Stanley lowered its price target on Tesla to $330 per share from $350 and said it's changing estimates to account for "unexpected headwinds." JPMorgan reiterates Apple as outperform JPMorgan said it has "resilient expectations" heading into Apple earnings later this week.

☆ Rishi Sunak will be Britain’s next prime minister after seeing off rivals in race to replace Truss
▼ + stars: | 2022-10-24 | by ( Ivana Kottasová | ) edition.cnn.com time to read: +6 min

London CNN —Former finance minister Rishi Sunak will be the United Kingdom’s next prime minister after seeing off his lone remaining rival in the fast-tracked race to become Conservative party leader on Monday. Sunak is set to replace Liz Truss, who will become the shortest-serving prime minister in UK history. Sunak will become prime minister once he is officially appointed by King Charles III and will be the first prime minister appointed by the new King following the death of Queen Elizabeth II in September. His campaign got a big boost when his former boss and rival, former Prime Minister Boris Johnson, withdrew from the race on Sunday night. He criticized Truss’ economic plan which ultimately sparked panic in the financial markets and led to her demise.

Like Truss, Sunak promised a tough approach to illegal immigration and vowed to expand the government’s controversial Rwanda immigration policy. At the time Johnson was running to lead Britain's Conservative Party and Sunak was a member of Parliament. Danny Lawson/PA Images/Getty Images Sunak speaks during a general election debate in Cardiff, Wales, in November 2019. Danny Lawson/PA/Getty Images Sunak delivers a speech during the annual Conservative Party Conference in Manchester in October 2021. Hollie Adams/Bloomberg/Getty Images Sunak and Murty are seen with their daughters, Krishna and Anoushka, while campaigning in Grantham, England, in July 2022.

House Democrats have unified as they fight to retain their fragile majority in next month’s midterms. But given Biden’s unpopularity and the GOP lead on the generic congressional ballot (which asks only which party people would support), the more likely scenario is a bad election night for House Democrats. If Pelosi, Hoyer and Clyburn head for the exits, the leadership matchups become pretty clear. Democratic Caucus Chair Hakeem Jeffries, D-N.Y., conducts a news conference in the Capitol Visitor Center on Sept. 20. The Massachusetts Democrat has significant support from fellow female members and has stayed close to the Black, Hispanic and Asian caucuses — big voting blocs in the diverse 220-member Democratic Caucus.

☆ Factbox: China's new elite Communist Party leadership
▼ + stars: | 2022-10-23 | by ( ) www.reuters.com time to read: +1 min

BEIJING, Oct 23 (Reuters) - China's Xi Jinping on Sunday secured a third term as leader of the Communist Party and unveiled a new seven-member Politburo Standing Committee, which he heads, that will determine the path of the country's development in the next five years. Below are the personnel elected on Sunday by the Central Committee, the biggest of the party's top decision-making bodies, to the pinnacle of China's political power. General Secretary of the Central Committee:Register now for FREE unlimited access to Reuters.com RegisterXi JinpingStanding Committee of the Political Bureau, or Politburo, of the Central Committee (seven members):Xi Jinping, 69; Li Qiang, 63; Zhao Leji, 65; Wang Huning, 67; Cai Qi, 66; Ding Xuexiang, 60; Li Xi, 66Politburo of the Central Committee (24 members):Ding Xuexiang, Xi Jinping, Ma Xingrui, Wang Yi, Wang Huning, Yin Li, Shi Taifeng, Liu Guozhong, Li Xi, Li Qiang, Li Ganjie, Li Shulei, Li Hongzhong, He Weidong, He Lifeng, Zhang Youxia, Zhang Guoqing, Chen Wenqing, Chen Jining, Chen Miner, Zhao Leji, Yuan Jiajun, Huang Kunming, Cai QiCentral Military Commission Chairman:Xi JinpingCentral Commission for Discipline Inspection Secretary:Li XiRegister now for FREE unlimited access to Reuters.com RegisterReporting by Albee Zhang and Ryan Woo; Editing by William MallardOur Standards: The Thomson Reuters Trust Principles.

☆ Factbox: Who's in, who's out of China's new party Central Committee
▼ + stars: | 2022-10-22 | by ( ) www.reuters.com time to read: +2 min

BEIJING, Oct 22 (Reuters) - Over 2,000 delegates to a twice-a-decade congress of China's ruling Communist Party in Beijing elected a new 205-person Central Committee on Saturday that will set the course of Chinese policymaking for the next five years. Among the newly elected members of the Central Committee, the largest of the party's top decision-making bodies, was Xi Jinping, 69, who is widely expected to be named general secretary on Sunday, securing a precedent-breaking third term as its leader. Also on Sunday, the Central Committee will vote on its next Political Bureau, or Politburo, usually comprising 25 people, and its Politburo Standing Committee (PSC), the pinnacle of power in China, helmed by Xi. Under an unofficial "seven-up, eight-down rule," PSC members who are 68 or older retire during the party congress. However, Premier Li Keqiang, although 67, was also left out.

☆ Rolls-Royce’s first electric car has two doors and is longer than a Cadillac Escalade
▼ + stars: | 2022-10-18 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +4 min

CNN Business —Rolls-Royce will start production of its first electric car next year. That’s fairly sleek, but just in the ballpark among modern electric cars. Even an electric Rolls-Royce could hardly go without the grille, though, since the upright, tombstone-shaped slab of metal slats is among the most genuinely iconic in the industry. This follows the strategy of Rolls-Royce’s parent company, BMW, which also relies on flexible engineering that can be used to build both gasoline and electric cars. Usually automakers try to conserve weight when making electric cars to make up for all the mass the batteries themselves add.

☆ Xi’s Contradictory Vision for China
▼ + stars: | 2022-10-17 | by ( Nathaniel Taplin | ) www.wsj.com time to read: 1 min

Chinese leader Xi Jinping ’s big moment is finally here. But as he prepares to begin a third term at the pinnacle of Chinese power, he risks squandering China’s chance to become the world’s top economy in pursuit of an ill-advised bid for self-reliance. Mr. Xi can point to some major achievements. Few would argue that China isn’t now a “moderately prosperous society,” a longtime aspiration enshrined in decades of Party documents. China’s environmental problems remain daunting, but the country has made steady progress.

☆ How this 31-year-old turned his side hustle into a $300,000 vending machine business: 'I only work 4 hours a week'
▼ + stars: | 2022-09-29 | by ( Marcus Gram | ) www.cnbc.com time to read: +5 min

Today, at 31, I have a thriving vending machine business that brings in more than $300,000 a year in sales. But one day, a new side hustle idea sparked when my friend saw a woman taking cash out of a vending machine. But I kept at it, and now I have 21 vending machines throughout Baltimore, Philadelphia, Detroit, and Washington, D.C. Look to see if there are vending machine warehouses in your city, and on platforms like Craigslist, Facebook Marketplace and eBay. There are also local vending machine warehouses that sell food and beverage products, like Pinnacle Vending in Philadelphia.

☆ How an oil fracking boom to bust startup plans to thrive in the climate change era
▼ + stars: | 2022-09-23 | by ( Eric Rosenbaum | ) www.cnbc.com time to read: +17 min

And in a way, Duncan thought the science wasn't a good match for the blunt process of oil and gas drilling. The Covid downturn in 2020 capped close to a decade of a bear market for oil and culminated in the negative spot prices in the oil market in May 2020. Oil and gas was changing from a growth business to a value business, and oil company management were much more focused on fiscal discipline. That concentration of equipment and infrastructure's resulting reduced costs was not good for an oil services company. And there have been a lot of surprises along the way – how the shale boom became its biggest business, followed by how quickly the science became commoditized in the oil market.

Search resuls for: "Pinnacle"

25 mentions found