DIRS.INFO The most relevant business & tech news

☆ Fatherhood is good for dads. Here’s why
▼ + stars: | 2024-06-14 | by ( Elissa Strauss | ) edition.cnn.com time to read: +9 min

CNN —Many arguments about why dads should do more parenting focus on why that would be good for their wives or partners and kids. Simon & SchusterBut with their kids, dads have a chance to explore all these sides and more, often away from the scrutiny of the public eye. Dads really are doing more careIt may not always feel like fathers are doing more parenting, but they are. One cross-national study found that dads spent an average of 16 minutes a day caring for their kids in 1965. Also, dads find parenting “extremely important to their identity,” and enjoyable and rewarding nearly identically as often moms do.

Persons: It’s, Elissa Strauss, Simon, Schuster, ” Matt Englar, Carlson, Eric Gardner, Gardner, ” Gardner, ” Stephanie Coontz, ”, Brad Harrington, Harrington, they’re, —, Caregiving, Brian Anderson, David Bullman, Bullman, I’m, “, ” Elissa Strauss Organizations: CNN, Center for Boys, California State University, Fullerton, US Army, Boston College Center for Work, American Psychological Association, Others Locations: Colorado Springs

☆ Russia accused of using hunger as a weapon of war in Ukraine
▼ + stars: | 2024-06-13 | by ( Sophie Tanno | Ivana Kottasová | ) edition.cnn.com time to read: +8 min

Mariupol, a port city on the Sea of Azov, was encircled and captured by Russian forces at the start of the full-scale invasion of Ukraine. This included the establishment of ad hoc distribution points for food, water and other basic necessities. They were attacking food distribution points.”There were numerous opportunities for Russian forces to alleviate civilian suffering, he said, but they failed to do so. Ukrainian authorities and some international officials have previously accused Russia of robbing the country of grain and other commodities in areas it occupied. Accusations that Russia is using food as a weapon of war have been mounting ever since the first reports emerged in the spring of 2022 of grain being stolen by Russian troops.

Persons: “, Nikolai Osychenko, ”, Osychenko, Mariupol, Alexei Alexandrov, ’, Yousuf Syed Khan, Cross, ” Khan, Pavel Klimov, Khan, Vladimir Putin Organizations: CNN, Mobile, Team, Global, International Criminal Court, ICC, EU Commission, Russia’s Ministry of Defense, Mariupol City, Global Rights, International Committee, United Nations, Reuters, Russian Locations: Russia, Mariupol, Ukrainian, Netherlands, United Kingdom, United States, Azov, Russian, Ukraine, Ukraine’s Donetsk Oblast, Mariupol City, “, Moscow, Syria, Aleppo City

☆ Opinion: The G7 ‘family photo’ of world leaders tells a bigger story
▼ + stars: | 2024-06-13 | by ( Opinion Frida Ghitis | ) edition.cnn.com time to read: +9 min

CNN —The annual G7 summit, a gathering of leaders of some of the world’s wealthiest democracies, used to be a staid, predictable affair. Tensions were about to explode in 2018, when G7 leaders met in Canada. Behind the smiles and waves, a fraught 2018 G7 summit in Canada. German Chancellor Angela Merkel deliberates with US president Donald Trump on the sidelines of the 2018 G7 summit in Canada. German Chancellor Angela Merkel chats with a relaxed US President Barack Obama outside during the 2015 G7 summit in southern Germany.

Persons: Frida Ghitis, Read, Joe Biden, Pope Francis, Volodymyr Zelensky –, —, Donald Trump, Justin Trudeau, Cole Burston, Trump, Angela Merkel, Merkel, Angela Merkel deliberates, Jesco Denzel, Barack Obama, Michael Kappeler, George W, Bush, backrub, Vladimir Putin, Putin, Covid, ” Biden, ” Macron, Boris Johnson, Ludovic Marin, Biden, Emmanuel Macron’s, autocrats, Lady Melania Trump, Trudeau, Andrew Parsons, Giorgia Meloni, ” Organizations: CNN, Washington Post, Politics, Frida Ghitis CNN, European Council, Canadian, Bloomberg, Trump, Getty, Deutschland, Kremlin, Parliamentary, United, Brothers Locations: Puglia, Italy, Canada, France, Germany, Japan, Bavarian, AFP, St Petersburg, Russia, Russian, St . Petersburg, Handout, Crimean, Washington, United States, British, Ukraine, Biarritz, Italian, Europe

CNN —A group of Russian Navy ships, including a nuclear-powered submarine, arrived in Cuba on Wednesday morning in a sign of strengthening ties between the two Cold War allies. The four Russian ships are now docked in berths usually occupied by cruise ships. The US has also deployed air assets, including a P-8 Poseidon reconnaissance plane, to circle overhead the Russian vessels. The rescue and tugboat Nicolay Chiker, part of the Russian naval detachment visiting Cuba, arrives at Havana's harbour, June 12, 2024. According to a Cuban Armed Forces Ministry statement, none of the Russian ships are armed with nuclear weapons.

Persons: Gorshkov –, Gorshkov, Adalberto Roque, Donald Cook, Joe Biden, Nicolay Chiker, ”, weathers Organizations: CNN, Russian Navy, Military, Kazan, Getty Images, Russian Ministry of Defense, Russian MOD, US Navy, Coast Guard, US, Pentagon, State Department, Russian, Cuba’s Foreign, Cuban Armed Forces Ministry, Soviet Union, Cuban Missile Locations: Cuba, Russian, Havana, Spanish, Kazan, Florida, Russia, Ukraine, Havana's, AFP, Caribbean, Canada, Washington, Moscow

☆ Forget Beatlemania. Taylor Swift fever is sweeping Liverpool
▼ + stars: | 2024-06-12 | by ( Anna Cooban | ) edition.cnn.com time to read: +6 min

On Thursday, it expects to welcome Taylor Swift fans heading to Anfield for the first of the superstar’s three “Eras Tour” concerts in Liverpool. Banners outside St George's Hall in Liverpool saying "Liverpool loves Taylor," seen in May 2024. Taylor Swift performs at the Scottish Gas Murrayfield Stadium on June 7, 2024, in Edinburgh, UK. A fan poses at an art installation representing Taylor Swift's "Lover" album era, in Liverpool in June 2024. People walk past an art installation representing Taylor Swift's album "The Tortured Poets Department" in Liverpool in June 2024.

Persons: Sandon, Taylor Swift, Ceri Smith, It’s, ”, Swift, Smith, Liverpool, Taylor, Phil Noble, Harry Doyle, Gareth Cattermole, Natalia Lechmanova, “, ” Taylor, deconstruct Taylor, Taylor Swift's, Peter Byrne, ’, Doyle, “ She’s, Frankie Goes, Kevin McManus, they’ve, ” McManus Organizations: London CNN, Anfield, Liverpool Football Club, CNN, Reuters, Amion Consulting, Liverpool City Council, Liverpool …, Liverpool ONE, Mastercard, Institute, Fans, Scottish Gas Murrayfield, “, Wembley, Liverpool, University of Liverpool, Cavern, National Museums Liverpool, Beatles, UNESCO, Music, Department Locations: Anfield, Liverpool, Sandon, George's, United Kingdom, English, United States, Edinburgh, London, Taylor

☆ Are Drake’s oversized pants another Kendrick Lamar rebuttal?
▼ + stars: | 2024-06-12 | by ( Leah Dolan | ) edition.cnn.com time to read: +3 min

CNN —Over the weekend, Drake posted an outfit to Instagram that has since generated a lot of chatter online. New York Magazine’s The Cut dutifully collected reactions from a range of fashion stylists, and even industry experts were divided. Fans flooded the comments, calling him a “soccer dad” or “soccer papi.”Comments rushed to call Drake "soccer papi." In April and May, a series of brutal diss tracks were issued between Drake and US rapper Kendrick Lamar. Now the dust has settled, Drake’s latest rebuttal transcends tit for tat rapping into something more visual.

Persons: Drake, Tony Soprano’s, X, Katherine Hepburn, “, ”, Instagram, Cary Grant, ’, Kendrick Lamar, ” Lamar, Drake’s, — Organizations: CNN, padre, “, argyle Locations: Champagne Papi, York

☆ The Alitos and Roberts discuss politically sensitive topics in secret recordings by liberal activist
▼ + stars: | 2024-06-11 | by ( Devan Cole | ) edition.cnn.com time to read: +5 min

CNN —A left-wing activist on Monday released secret recordings of Supreme Court Justice Samuel Alito and his wife, as well as Chief Justice John Roberts, discussing a range of politically sensitive topics. Video Ad Feedback Filmmaker reveals why she secretly recorded Supreme Court Justice Alito and his wife 03:12 - Source: CNNAlito did not respond to questions from CNN about his comments or those of his wife, Martha-Ann. “So they’ll go to hell,” Martha-Ann Alito says in the recording. You come after me, I’m going to give it back to you,” Martha-Ann Alito said. But there will be a way – they will know.”James Duff, the executive director of the Supreme Court Historical Society, slammed the recordings in a statement on Monday.

Persons: Samuel Alito, John Roberts, Alito, ” Alito, “, ”, Lauren Windsor, Stone, Windsor, ” Roberts, Justice Alito, CNN Alito, Martha, Ann, Roberts, Ann Alito, Martha Alito, don’t, ‘, Ann Alito’s, ” “, ” Martha, ” James Duff, ” Duff Organizations: CNN, Monday, Supreme, Society, Windsor, Washington Post, Historical Society Locations: Godliness, Windsor, Washington, Virginia, New Jersey, Martha

☆ Microsoft is considering an AI revamp of its 365 software bundles, sources say
▼ + stars: | 2024-06-11 | by ( Ashley Stewart | ) www.businessinsider.com time to read: +7 min

The plan focuses on Microsoft 365, a popular suite of productivity software used by thousands of businesses. This is a big risk for the company because Microsoft 365 has been an important source of revenue and growth, even without fancy new AI capabilities. The problem was that Microsoft salespeople started to pitch E5 as the last business software suite that customers would need to buy. AdvertisementA "spiritual successor"The generative AI boom, and Microsoft's early lead here, have increased the chances that a new 365 bundle will emerge soon. Microsoft has new AI tools that it can integrate with 365 and use that to persuade customers to upgrade their software bundle.

Persons: —, Satya Nadella, Jared Spataro's, Microsoft salespeople, it's, Slack Organizations: Service, Microsoft, Business, Microsoft's Productivity, Processes, Sharepoint, European Commission, EU Locations: Capex

☆ The secret recordings of Alito and Roberts will likely backfire
▼ + stars: | 2024-06-11 | by ( Erin Snodgrass | Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +5 min

Read previewEarly Monday, Rolling Stone reported that a documentary filmmaker posing as a Catholic conservative created secret audio recordings of conversations with Supreme Court Justices John Roberts and Samuel Alito at an exclusive charity gala. Advertisement"One side or the other is going to win," Alito told Windsor at the event, according to both outlets. Windsor told The Times that making the secret recordings was the only way she believed she could get answers to her questions. "I mean, whether or not Justice Alito thinks that the country's political or tribal divisions are likely to be solved anytime soon doesn't tell us very much." Representatives for the Supreme Court did not immediately respond to requests for comment from Business Insider.

Persons: —, Rolling Stone, John Roberts, Samuel Alito, Lauren Windsor's surreptitious, Alito's, Justice Roberts, Alito —, Alito, Windsor, Roberts, That's, Jonathan Adler, Adler Organizations: Service, Business, New York Times, Times, Supreme, Case Western Reserve University, Historical Society Locations: Windsor

☆ Microsoft is considering a big new software bundle as it works out how to charge for AI, sources say
▼ + stars: | 2024-06-11 | by ( Ashley Stewart | ) www.businessinsider.com time to read: +7 min

☆ Move over diamonds, these little-known gemstones are heating up
▼ + stars: | 2024-06-11 | by ( Sarah Royce-Greensill | ) edition.cnn.com time to read: +6 min

Experts say that this previously overlooked gemstone is rocketing in desirability and value, as collectors look beyond the so-called “Big Four’” (diamonds, emeralds, rubies and sapphires) for more affordable, niche gemstones that may just be a shrewd investment. “Spinels and Paraiba tourmalines have seen a steady increase in demand over the last decade.”Boghossian's paraiba and diamond set features paraibas and fancy yellow diamonds. Experts posit that only one Paraiba tourmaline is mined for every 10,000 diamonds — and while similar hues are found in Madagascar, the scarcity of Brazilian stones has seen prices soar. At Bonhams, Tonkin said prices for top-quality Paraiba tourmalines reached $75,000 per carat in 2022, compared with $4,800 per carat in 2009. “These incredibly vibrant, clean gemstones really stirred something in me,” she explained in an email.

Persons: Olivia Young, Ouroboros, Ruby, Bonhams, ”, Jennifer Tonkin, Rahul Kadakia, Lily Gabriella, ” Charles Abouchar, “, Tonkin, Roberto Boghossian, Moti Ferder, Ferder foresees, Lily Gabriella's, Lily Gabriella Likewise, Minka, Lucy Crowther, ” Crowther, Young Organizations: CNN, Imperial State Crown, Abouchar SA, Lugano Diamonds, Paraiba tourmalines, Big Locations: Sri Lanka, Myanmar, Vietnam, Afghanistan, Tajikistan, British, Burma, London, Geneva, Paraiba, ” Boghossian's paraiba, paraiba, Brazilian, Madagascar, Bonhams, Paraiba tourmalines, Memphis, India

☆ The Fed's next decision will likely mean Americans are going to wait a lot longer for any interest rate cuts
▼ + stars: | 2024-06-11 | by ( Ayelet Sheffey | Madison Hoff | ) www.businessinsider.com time to read: +5 min

Americans shouldn't expect interest rate cuts to head their way anytime soon. Related stories"It may be bad, partly, because it is driven in part by uncertainty and fear and high interest rates holding back activity," Pollak added. "And if I had to bet, I bet that we will get two rate cuts, one in September and one in December." Some Democratic lawmakers have been pushing the Fed to cut rates and give Americans some breathing room, especially after the European Central Bank cut rates earlier in June for the first time in five years. "The Fed's decision to keep interest rates highs continues to widen the rate gap between Europe and the U.S, as the lower interest rates could push the dollar higher, tightening financial conditions," they wrote, adding: "You have kept interest rates too high for too long: it is time to cut rates."

Persons: there's, Jerome Powell, Powell, Julia Pollak, ZipRecruiter, It's, Pollak, Nick Bunker, Joseph Briggs, Goldman Sachs, we're, David Kelly, Kelly, Elizabeth Warren, Jacky Rosen, John Hickenlooper Organizations: Service, Reserve, Business, North America, Morgan Asset Management, Democratic, European Central Bank Locations: United States, Amsterdam, Sens, Europe

☆ I doubled my income at Microsoft after starting my career in a factory. I only had enough money for 1 semester of school, but I was determined.
▼ + stars: | 2024-06-11 | by ( Perri Ormont Blumberg | ) www.businessinsider.com time to read: +5 min

Read previewThis as-told-to essay is based on a conversation with Nandita Gupta, an accessibility product manager at Microsoft in Redmond, Washington. I'm an accessibility product manager at Microsoft. Since December 2021, I've worked as an accessibility product manager for Accessibility Insights, a suite of products that helps developers code with accessibility in mind. There came a moment in my manufacturing job when I asked myself, "What am I doing? Taking the Microsoft job doubled my earnings from my last job — my annual income was around $75,000 in manufacturing, and the move to Microsoft brought my total compensation to over $170,000.

Persons: —, Nandita Gupta, I've, MasterClass, Lauryn Haas Organizations: Service, Microsoft, Business, Google, Zoo Atlanta, TED, Nasdaq Entrepreneurial Center, TEDx Georgia Tech Locations: Redmond , Washington, lhaas@businessinsider.com

☆ Eating what’s best for the planet can lengthen your life, study says
▼ + stars: | 2024-06-10 | by ( Sandee Lamotte | ) edition.cnn.com time to read: +5 min

“For every major cause of death we looked at, there was a lower risk in people with better adherence to the planetary health diet,” Willett said. The planetary diet asks you to fill half your plate at each meal with fruits and vegetables. All the people were enrolled in long-term government studies — the Nurses’ Health Study I and II and the Health Professionals Follow-Up Study — and had no major diseases when the research began. While other studies have looked at the impact of the planetary health diet, none has matched the scope of this study, Willett said. “The findings show just how linked human and planetary health are.

Persons: ”, David Katz, Katz, what’s, Walter Willett, ” Willett, Lew Robertson, Willett Organizations: CNN, True Health Initiative, UN, Harvard, of Public Health, Lancet, American, Clinical Nutrition, Nurses, Health Locations: Chan, Boston

☆ They left NYC for Bali with their teenagers. 7 years later, their sons are fleeing the nest, and they're selling the villa for $1.89 million.
▼ + stars: | 2024-06-10 | by ( Amanda Goh | ) www.businessinsider.com time to read: +9 min

Amanda Goh/Business Insider"We told them, 'One suitcase each. Amanda Goh/Business InsiderThey knew they wanted to stay near Canggu which is known for its beaches and bustling food scene. Amanda Goh/Business InsiderA cozy, eclectic homeThe couple's six-bedroom home sits in a cul-de-sac, next to a rice field that's been repurposed into a plot to grow cucumbers. The couple has one tip for those who want to build a house in Bali: Don't cut corners. Amanda Goh/Business InsiderKaman added that it might not be wise for anyone without any prior experience to take on such an ambitious project.

Persons: —, Gabi Bondor, Zoltan Kaman, It's, we'd, Bondor, Amanda Goh, Bali didn't, Kaman, aren't, it's Organizations: Service, Green School, Business, Kaman Locations: New York City, Bali, Ubud, New York, Indonesian, India, Vietnam, China, Indonesia, Asia, Canggu, Paris

☆ Ramesses II’s lost sarcophagus was hiding in plain sight, research suggests
▼ + stars: | 2024-06-10 | by ( Jacopo Prisco | ) edition.cnn.com time to read: +7 min

Tucked away in the cartouche, an oval-shaped ornament often found in tombs, he found a name of a very recognizable figure: Ramesses II. “The cartouche dates back to its first usage, and contains Ramesses II’s throne name, Usermaatra. Psusennes I reused this sarcophagus that once belonged to Merneptah, the son and successor of Ramesses II. Both sarcophagi would have been inside an even larger stone sarcophagus, the source of the granite fragment Payraudeau discovered. “This also tells us when pharaohs began using more than one stone sarcophagus,” Payraudeau added.

Persons: Menkheperrê, Frédéric, Ramesses, Payraudeau, ” Payraudeau, Ramesses II, —, he’s, Psusennes, Ramesses II’s, Ramesses I, Joann Fletcher, Ramesses ’, ” Fletcher, Jean Revez, “, Merneptah, Seti I’s, Peter Brand, ” Brand, It’s, ” Organizations: CNN, Sorbonne University, National Museum of, frugality, UK’s University of York, University of Quebec, University of Memphis Locations: Paris, Egypt, Cairo, Luxor, Abydos, Merneptah, Montreal

☆ World War II veteran, 100, marries 96-year-old fiancée near Normandy’s D-Day beaches
▼ + stars: | 2024-06-10 | by ( Story The Associated Press | ) edition.cnn.com time to read: +5 min

But World War II veteran Harold Terens and his sweetheart Jeanne Swerlin proved that love is eternal as they tied the knot Saturday inland of the D-Day beaches in Normandy, France. Their respective ages — he’s 100, she’s a youngster of just 96 — made their nuptials an almost double-century celebration. “(The town of) Carentan was happy to host your wedding, and us, your wedding dinner,” he told the couple. Harold Terens and his 96-year-old bride, Jeanne Swerlin Terens, wave to a crowd following their wedding. On D-Day, Terens helped repair planes returning from France so they could rejoin the battle.

Persons: Harold Terens, Jeanne Swerlin, she’s, —, Terens, ″, “, Adolf Hitler’s, Loic Venance, Glenn Miller, “ oui ”, Carentan’s, ” Terens, Win McNamee, –, Emmanuel Macron, Joe Biden, ” Macron, Carentan, ”, Mayor Jean, Pierre Lhonneur’s, wasn’t, hadn’t, Jeanne Swerlin Terens, Louise, Jane Ollier, ’ ’ Ollier, Swerlin Organizations: Allied, Marais Town Hall, Getty, Army Air Forces Locations: Normandy, France, AFP, “, Ukraine, Gaza, Swerlin, Carentan, Florida, Europe, New York City, Brooklyn, Bronx, Britain, England

☆ I have enough saved for a down payment, but I don't see any reason to stop renting
▼ + stars: | 2024-06-10 | by ( Annie Midori Atherton | ) www.businessinsider.com time to read: +6 min

I have enough money for a 20% down payment, but I'd have to make too many compromises to own a home. I wish homeownership were easier, but renting isn't holding me back from succeeding financially. AdvertisementIn the US, the path to financial success seems set in stone: Get a degree, get a steady job, and buy a house. Despite the deeply ingrained cultural norm of glorifying homeownership, I've decided not to feel bad about renting. It's not right that gainfully employed people can't afford to buy a house in many cities anymore.

Persons: —, I'm, Seattle —, homeownership, I've, Zillow, It's, gainfully, There's, I'd, it's Organizations: Service, Cash Locations: Seattle, Washington

☆ USA cricket player to CNN on shock defeat of Pakistan: ‘We believe we can knock these big teams off’
▼ + stars: | 2024-06-07 | by ( Jacob Lev | ) edition.cnn.com time to read: +2 min

CNN —A day after the United States orchestrated a shock defeat of Pakistan at the Men’s T20 Cricket World Cup, USA cricket player Corey Anderson told CNN the team has the confidence to beat any team they face. “We believe we can knock these big teams off if we caught them sleeping a bit or feeling like they were taking it a bit easy,” Anderson said. “It’s probably shocked the cricketing world,” Anderson said. “I know definitely here in the US it’s been a lot of media coverage which is fantastic. “It’s just another stepping stone in the right direction to try to make this a mainstream sport here in the States,” Anderson said.

Persons: Corey Anderson, ” Anderson, “, “ It’s, Tony Gutierrez, AP Anderson, ” Organizations: CNN, USA, ICC, Pakistan, Kiwis Locations: United States, Pakistan, America, Grand Prairie , Texas, New Zealand, USA, India, Ireland

☆ Our Vegas wedding only cost $10,000. It didn't feel cheap and our guests had a blast.
▼ + stars: | 2024-06-07 | by ( Courtney Kocak | ) www.businessinsider.com time to read: +6 min

AdvertisementWe decided on Vegas so our families could goStill, we didn't rush into wedding planning. Related storiesI joked that Vegas felt apropos because "every relationship is a gamble." AdvertisementI just wanted fun and easyMy wedding planning ethos was fun and easy, just like our relationship. It didn't feel like a cheap wedding; it felt like a masterpiece, even to our guests. When we first started planning, I wasn't aware that Las Vegas was "the wedding capital of the world," but now it's easy to see why.

Persons: —, Wade, I'd, we'd, who'd, wasn't, Vegas, Elvis, Ben Affleck, Jennifer Lopez, Bruce Willis, Demi Moore, Frank Sinatra, Mia Farrow, hitched, Michael Conti, Keith Kaplan, Joe's Organizations: Service, Target, Business Locations: Vegas, Minnesota, Texas, Phoenix, Las Vegas

☆ jpmorgan-upgrades-stoneco-says-it-can-surge-correction
▼ + stars: | 2024-06-06 | by ( ) www.cnbc.com time to read: 1 min

An earlier version of this article misstated the main driver behind Stone shares plummeting roughly 25% this year. An incorrect reference to the date that Stone came out with first-quarter earnings results has been removed.

Persons: Stone Organizations: Stone

☆ JPMorgan upgrades this beaten-down payments stock, says it can surge 50%
▼ + stars: | 2024-06-06 | by ( Pia Singh | ) www.cnbc.com time to read: +2 min

An overseas investment idea investors shouldn't overlook is StoneCo., a Brazilian financial technology and software solutions company headquartered in the Cayman Islands that JPMorgan has grown bullish on. He maintained his $20 year-end price target, which implies roughly 50% upside from the stock's latest close. "We believe [a] Stone re-rating depends mostly on banking deliveries (i.e., deposits and healthy credit growth) rather than [the] macro environment." Stone's differentiated business model, based on a close approach to clients via hyper-local distribution centers, has allowed it to quickly expand its market share, Fernandes said. He estimates Stone has about 20% market share in the core micro, small and medium-sized businesses (MSMB) market .

Persons: Yuri Fernandes, Stone, Fernandes, Pedro Zinner, Stone's Organizations: JPMorgan, Stone, Reuters Locations: Brazilian, Cayman Islands, U.S

☆ Biden’s D-Day visit may mark the end of an American era
▼ + stars: | 2024-06-06 | by ( Stephen Collinson | ) edition.cnn.com time to read: +11 min

Geopolitical empires like Russia and China are, meanwhile, resurgent and threatening to obliterate the global system dominated by Western values that has prevailed since World War II. Trump’s “America First” philosophy has taken deep root in the Republican Party that once prided itself on winning the Cold War. For many years after World War II, D-Day commemorations lacked the fanfare and high diplomatic and political significance they carry today. The speech came at a particularly contentious moment in the Cold War with tensions high between Washington and the Soviet Union. The strength of America’s allies is vital to the United States, and the American security guarantee is essential to the continued freedom of Europe’s democracies.

Persons: Joe Biden, Adolf Hitler’s, Donald Trump’s, he’d, Biden, Vladimir Putin, Washington, autocrats . Biden, they’d, ’, ”, George H.W, George H.W . Bush, Trump’s, Trump, Charles Kupchan, “ It’s, Franklin Roosevelt, Dwight Eisenhower, Volodymyr Zelensky, Hitler, Putin, Britain’s, Charles III, Queen Elizabeth II, Emmanuel Macron, Ronald Reagan, Reagan, ” Reagan, Mikhail Gorbachev, “, “ We’ve Organizations: CNN, NATO, Republican Party, GOP, District of Columbia, Council, Foreign Relations, Ukrainian, Soviet, US Army Rangers, Rangers, Soviet Communist Party Locations: Normandy, France, Ukraine, Russia, China, Germany, Japan, United States, Europe, British, Omaha Beach, “, George H.W ., Iraq, Afghanistan, Paris, Pointe, Omaha and Utah, Pointe du Hoc, Washington, Soviet Union, America

☆ Shein wants to sell the supply-chain tech it used to disrupt online shopping. Retail experts say brands may have concerns.
▼ + stars: | 2024-06-06 | by ( Madeline Stone | ) www.businessinsider.com time to read: +9 min

Shein has also grown beyond its fashion roots, selling products in categories such as home goods, electronics, and office supplies. A Shein spokesperson said the company's success did not depend on the de minimis provision. The Shein spokesperson said the company had a "zero-tolerance policy for forced labor" and required its "contract manufacturers to only source cotton from approved regions." "Shein suppliers and third-party sellers are required to comply with company policy and certify their products do not infringe third-party IP." "Currently, Shein just sells the very low-cost products, but including various brands in its platform, it can sell products at various price ranges," he said.

Persons: —, Shein, Donald Tang, Evelyn Gong, who's, It's, confidentially, Prince Ghosh, Ghosh, Christophe Archambault, Gong, minimis, wouldn't, JADE GAO, hasn't, Anand Kumar Organizations: Chain Management, Service, Industry, Wall Street Journal, Carnegie Mellon University's Tepper School of Business, Research, London Stock Exchange, Brands, Walmart, Walmart Commerce Technologies, Department of Homeland Security, Labor, CNBC, National Retail Federation, Coresight Research, Shein Locations: China, Singapore, Paris, minimis, Shein, Guangzhou

☆ The diamond industry is in trouble as it loses its sparkle in China
▼ + stars: | 2024-06-06 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +3 min

In China, the industry's second-largest market, lab-grown varieties, a sluggish luxury market, and low marriage rates are causing it to lose its sparkle. Related storiesCook said one issue is a shift in perception of lab-grown diamonds in the country. The Knot's Real Weddings Study found that nearly half of engagement rings bought in the US last year featured a lab-grown diamond as a center stone. A social media analysis by Daxue Consulting found that lab-grown diamonds are also gaining traction in China, particularly among cash-strapped younger people. Even so, De Beers recently announced that it would halt its six-year experiment with selling lab-grown diamond jewelry.

Persons: —, Duncan Wanblad, De Beers, Wanblad, Al Cook, Cook, Paul Zimnisky, Zimnisky Organizations: Service, Financial, Business, Financial Times, Daxue Consulting Locations: China, De Beers

Search resuls for: "stone"

25 mentions found