DIRS.INFO The most relevant business & tech news

This week, the final week of polling before the Nov. 8 election, shows Latinos backing Democratic candidates for Congress nationally. NALEO projects about 11.6 million Latinos will vote on Nov. 8 — about the same as in 2018. "I don't know if (concern about abortion) is going to be strong enough to overcome how important economic issues are to Latino voters," Vargas said. In that race, the Republican incumbent, Maria Salazar, is in a contentious race with Democratic challenger and state Sen. Annette Taddeo. On abortion, Democratic candidates are hammering Republicans on the rise in bans and restrictions following the Supreme Court's overturning of Roe v. Wade in June.

☆ CNN CEO Chris Licht is facing an increasingly angry newsroom as more layoffs loom, plans are murky, and staff have lost confidence after 'horrible programming decisions'
▼ + stars: | 2022-11-04 | by ( Claire Atkinson | ) www.businessinsider.com time to read: +9 min

CNN CEO Chris Licht has been faulted by the newsroom for too many changes and not enough communication. Chris Licht needs a hit. "People are starting to believe there is no plan," said one executive familiar with the workings of CNN. "Is Chris Licht going to be there for them and push back on government officials? Many on the ad sales team that was formerly dedicated to CNN have either been pink-slipped or joined the broader ad sales group under WBD ad honcho Jon Steinlauf.

☆ Shopify's new C-suite: After a year of high turnover, the new leaders at Shopify include a CFO poached from Morgan Stanley and a new HR lead who is working to overhaul the e-commerce company's perform
▼ + stars: | 2022-10-31 | by ( Madeline Stone | ) www.businessinsider.com time to read: +11 min

Here are the people leading the e-commerce company through its next phase. Leinwand was previously senior vice president of engineering at Slack, and before that he was CTO at ServiceNow. Tia Silas, chief human resources officerTia Silas, Shopify's chief talent officer. John Asante, chief information-security officerJohn Asante, Shopify's chief information-security officer. Bobby Morrison, chief revenue officerMorrison joined Shopify as chief revenue officer — a new role for Shopify, reporting to the COO — in August.

☆ An embarrassing defeat 73 years ago is a preview of the problems China would face in an attack on Taiwan today
▼ + stars: | 2022-10-30 | by ( Benjamin Brimelow | ) www.businessinsider.com time to read: +9 min

The Chinese Communist troops who stormed Kinmen island in October 1949 expected a quick victory. The planChinese Communist troops take prisoners at bayonet point after heavy fighting in Shanghai on May 21, 1949. Kinmen Island, 59 square miles in size and home to some 40,000 people, was essential to this plan. A model of a soldier in a bunker near the Hujingtou Battle Museum in Little Kinmen, Taiwan in April 2018. By day's end, the PLA troops who had retreated to the beaches had also surrendered.

☆ NBA roundup: Thunder rally in 4th to stun Mavs in OT
▼ + stars: | 2022-10-30 | by ( ) www.reuters.com time to read: +6 min

Luguentz Dort added 16 points, and Darius Bazley scored 15 off the bench to help Oklahoma City. Zach LaVine scored 15 of his 29 points after halftime, while Nikola Vucevic had a double-double of 23 points and a game-high 19 rebounds. Jazz 124, Grizzlies 123Lauri Markkanen and Kelly Olynyk each scored 23 points and played clutch in the fourth quarter to help Utah rally past Memphis in Salt Lake City. Dillon Brooks also had a big scoring night, finishing with 30 points, while Tyus Jones contributed 23 points and 10 assists. Brooks hit a 3-pointer with 15 seconds left as Memphis pulled within one, 124-123.

☆ An economic nightmare is a near certainty as inflation stays hot while a recession nears. UBS says to forget the normal defensive playbook and instead invest your money in these 3 industries.
▼ + stars: | 2022-10-27 | by ( James Faris | ) www.businessinsider.com time to read: +4 min

While it's unclear if there will be a severe recession, there is one outcome that investors can bank on, Parker wrote: stagflation. The market is implying a nearly 100% chance of weak economic growth paired with rampant inflation, which is a nightmarish economic scenario. UBSHowever, Parker wrote that the market selloff still has room to go as tighter financial conditions hurt estimates for earnings and economic growth. Besides interest rates, economic activity is the biggest driver of stocks right now, Parker wrote. More broadly, sectors for quality growth include consumer discretionary, healthcare, and technology, Parker wrote.

Organizations: & & /

☆ Leaked email: Shopify's new head of HR announces plans to overhaul performance reviews after layoffs and compensation turmoil
▼ + stars: | 2022-10-27 | by ( Madeline Stone | ) www.businessinsider.com time to read: +4 min

Shopify said in a leaked email that it would be revamping its approach to performance evaluation. Shopify told employees in a company-wide email on Friday that it would be changing its approach to evaluating their work. "We are committed to delivering a product that better reflects your true contributions to Shopify," Silas wrote (emphasis hers) in the email, which was viewed by Insider. And according to several former employees, Shopify attributed laying off several dozen workers earlier this year to performance issues. If you're a Shopify employee with a story to share, contact this reporter at mstone@insider.com or on the encrypted messaging app Signal at (646) 889-2143 using a nonwork phone.

SYRACUSE, N.Y., Oct 27 (Reuters) - President Joe Biden contrasted his economic plan with Republicans' on Thursday in a last-ditch effort days before U.S. midterm elections to convince voters that Democrats are best equipped to battle inflation and create jobs. "The previous president made a string of broken promises in places like Wisconsin, Indiana and Ohio," Biden said. "I would argue it's reckless and irresponsible and will make inflation worse, if they succeed," Biden said. His trip comes at a time when the White House optimism that Democrats could buck history and retain control of one or both houses of Congress has waned. Voters identify rising prices as their biggest concern amid inflation that has hit four-decade highs.

☆ Haaland and De Bruyne propel Manchester City past Brighton
▼ + stars: | 2022-10-22 | by ( Richard Martin | ) www.reuters.com time to read: +2 min

MANCHESTER, England, Oct 22 (Reuters) - Erling Haaland struck twice and Kevin de Bruyne scored a stunning second-half goal as Manchester City earned a 3-1 home win over Brighton & Hove Albion in the Premier League on Saturday. The victory moved second-placed City on to 26 points after 11 games, one behind leaders Arsenal who visit Southampton on Sunday. City captain De Bruyne then killed off the visitors' hopes of snatching a point by curling a shot from outside the area high into the net in the 75th minute. But they fell behind to the type of goal City are not usually associated with, a long kick downfield from goalkeeper Ederson which landed at the feet of Haaland after a mix-up between Brighton keeper Robert Sanchez and defender Adam Webster. Register now for FREE unlimited access to Reuters.com RegisterReporting by Richard Martin; editing by Clare FallonOur Standards: The Thomson Reuters Trust Principles.

☆ Democrat Francis Conole faces off against Republican Brandon Williams in New York's 22nd Congressional District election
▼ + stars: | 2022-10-21 | by ( Hanna Kang | ) www.businessinsider.com time to read: +3 min

Democrat Francis Conole is running against Republican Brandon Williams in New York's 22nd Congressional District. The 22nd District is located in the central region of the state. The old 22nd District represented by GOP Rep. Claudia Tenney was eliminated after redistricting. New York's 22nd Congressional District candidatesConole is an Iraq War veteran and commander in the Navy Reserve. Voting history for New York's 22nd Congressional DistrictNew York's 22nd Congressional District is located in the state's central region and includes the city of Syracuse.

☆ Rep. David Valadao, an anti-Trump Republican, faces off against Democrat Rudy Salas in California's 22nd Congressional District election
▼ + stars: | 2022-10-21 | by ( Hanna Kang | ) www.businessinsider.com time to read: +4 min

Rep. David Valadao is running against Democratic Assemblyman Rudy Salas in California's 22nd Congressional District. The 22nd District is located in the Central Valley and includes Hanford, where Valadao was born and raised. California's 22nd Congressional District candidatesValadao is one of the few House Republicans who voted to impeach President Donald Trump. Similar to Valadao, Salas has represented the agricultural heart of California since 2012 and has supported Latino students' education. Voting history for California's 22nd Congressional DistrictCalifornia's 22nd Congressional District is located in the Central Valley and includes Delano, Porterville, Hanford — where Valadao was born and raised — and portions of Bakersfield.

☆ Nunez earns points for Liverpool, Man Utd outclass Tottenham
▼ + stars: | 2022-10-20 | by ( ) www.reuters.com time to read: +4 min

Impressive Newcastle United bolstered their place in the top-six with a 1-0 victory at home to struggling Everton. Nunez also rattled the post with a ferocious shot but West Ham could easily have taken a point. Liverpool moved up to seventh with 16 points from 10 games, two points behind Newcastle and three behind Manchester United. UNITED TAKING SHAPEAfter a difficult start Man Utd are slowly taking shape under Dutch manager Erik ten Hag and they added Tottenham to their wins already against Liverpool and leaders Arsenal. Che Adams's first-half header earned Southampton victory at Bournemouth -- their first win in six games moving them up to 14th place with 11 points.

☆ Blake Shelton announces he's leaving ‘The Voice’ after 23rd season
▼ + stars: | 2022-10-12 | by ( Ariana Brockington | ) www.nbcnews.com time to read: +4 min

Blake Shelton surprised fans of “The Voice” by announcing that he will be leaving the singing competition show after its upcoming 23rd season. It wouldn’t happen without you!”“The Voice” is currently airing its 22nd season with Camila Cabello, John Legend, Stefani and Shelton as coaches. For the spring season, Shelton will reunite with Kelly Clarkson, who became a coach in Season 14 and won the most recent season with trio Girl Named Tom in December 2021. “I’m excited to be joining this season of ‘The Voice’ as a coach,” Horan said in a statement. Since Season One, Shelton has delighted viewers with his constant jokes and dedication to his team members.

☆ Iceland tops global pensions league, Britain slips -survey
▼ + stars: | 2022-10-11 | by ( ) www.reuters.com time to read: +2 min

LONDON, Oct 11 (Reuters) - Iceland offers the best pension provisions, followed by the Netherlands and Denmark while Britain slipped a spot to 10th place in the world ranking, an annual survey showed on Tuesday. Mexico shot eight places up the rankings to 29 due to pension reform, Mercer said. The survey compares 44 retirement income systems globally and covers 65% of the world’s population. "Policymakers must do all they can to ensure retirement schemes are supported, developed and well-regulated." Register now for FREE unlimited access to Reuters.com RegisterReporting by Carolyn Cohn; Editing by Susan FentonOur Standards: The Thomson Reuters Trust Principles.

☆ From Chick-fil-A to Taco Bell, these are the fastest and slowest fast food drive-thrus in America
▼ + stars: | 2022-10-10 | by ( Nicolas Vega | ) www.cnbc.com time to read: 1 min

But as fast food connoisseurs know, not all chains are created equal. The fried chicken chain has the slowest average drive-thru experience at 8 minutes and 29 seconds. The fastest, on the other hand, was KFC, which got customers in and out in an average of 5 minutes and 2 seconds. That's according to the 22nd annual Drive-Thru Study from QSR and Intouch Insights, which assessed the 10 top fast food franchises in categories including service, speed and accuracy by analyzing 1,500 orders. In addition to the top chicken slingers, the survey also assessed hundreds of orders from the drive-thru windows of McDonald's, Burger King, Wendy's, Taco Bell, Dunkin', Arby's, Carl's Jr. and Hardee's restaurants.

☆ Factbox: Twelve U.S. House races to watch in the midterm election
▼ + stars: | 2022-10-04 | by ( Moira Warburton | ) www.reuters.com time to read: +6 min

CALIFORNIA'S 22ND DISTRICTRepublican Representative David Valadao was one of only 10 House Republicans who voted to impeach Trump in his second trial. He is now facing a tough challenge from Democratic state representative Rudy Salas in a Central Valley district that has been redrawn substantially since the last election. She will face Amanda Adkins, a former chair of the state Republican Party. McLeod-Skinner faces Republican Lori Chavez-DeRemer, a former mayor of Happy Valley, a Portland suburb. Fung has heavily focused his campaign on inflation, while Magaziner argues that Fung would enable the far right House Republicans' agenda.

Hurricane Ian had weakened to a Category 1 late Wednesday, but the powerful storm that caused life-threatening storm surges, floods that stranded people in their homes and knocked out power to more than 2 million was not over, officials warned. At 2 a.m., Ian was around 55 miles southwest of Cape Canaveral and moving northeast at 9 mph, the hurricane center said. The storm is believed to be one of the strongest hurricanes ever recorded making landfall in Florida. Central and northeast Florida could get 20 inches of rain, and life-threatening storm surge remained a risk for parts of Florida’s western and eastern coasts, the hurricane center said. But it then will likely turn north and approach the northeastern Florida, Georgia and South Carolina coasts Friday, according to the hurricane center.

Share this -Link copiedFloridians are livestreaming Hurricane Ian on TikTok Floridians are giving TikTok users a front-row seat to Hurricane Ian. Storm surge map, they didn’t have a color for 12 to 15 feet," he said about the historic levels of storm surge expected near where Ian is expected to make landfall. Share this -Link copiedA view of Hurricane Ian from the International Space Station A view of Hurricane Ian from the International Space Station, on Monday. Share this -Link copiedSatellite images show Hurricane Ian approaching Florida Hurricane Ian over the Gulf of Mexico early Wednesday. Share this -Link copiedIan expected to strengthen until making landfall, officials say Hurricane Ian is still forecast to strengthen until the hurricane makes landfall in Florida, the National Hurricane Center said.

Storm surge map, they didn’t have a color for 12 to 15 feet," he said about the historic levels of storm surge expected near where Ian is expected to make landfall. Share this -Link copiedA view of Hurricane Ian from the International Space Station A view of Hurricane Ian from the International Space Station, on Monday. “We are extremely concerned about the potential impacts Hurricane Ian may have on phosphate facilities around the state,” Whitlock added. Share this -Link copiedIan strengthens into Category 4 storm Hurricane Ian has strengthened into a Category 4 storm as it advances upon Florida's west coast. Share this -Link copiedSatellite images show Hurricane Ian approaching Florida Hurricane Ian over the Gulf of Mexico early Wednesday.

Share this -Link copiedView of Hurricane Ian from International Space Station View of Hurricane Ian from the International Space Station. Share this -Link copiedIan on track to make landfall in Florida as 'catastrophic' Category 4 storm Hurricane Ian is strengthening as it nears Florida's west coast, officials said. “We are extremely concerned about the potential impacts Hurricane Ian may have on phosphate facilities around the state,” Whitlock added. Share this -Link copiedIan strengthens into Category 4 storm Hurricane Ian has strengthened into a Category 4 storm as it advances upon Florida's west coast. Share this -Link copiedSatellite images show Hurricane Ian approaching Florida Hurricane Ian over the Gulf of Mexico early on Wednesday morning.

☆ Shopify's new guard: Meet the 11 people leading the company after rampant turnover wiped out most of its C-suite
▼ + stars: | 2022-09-28 | by ( Madeline Stone | ) www.businessinsider.com time to read: +11 min

Here are the people leading the e-commerce company through its next phase. Leinwand was previously senior vice president of engineering at Slack, and before that he was CTO at ServiceNow. Tia Silas, chief talent officerTia Silas, Shopify's chief talent officer. John Asante, chief information-security officerJohn Asante, Shopify's chief information-security officer. Bobby Morrison, chief revenue officerMorrison joined Shopify as chief revenue officer — a new role for Shopify, reporting to the COO — in August.

☆ Biden approves an additional $1.1 billion in security assistance for Ukraine
▼ + stars: | 2022-09-28 | by ( Amanda Macias | ) www.cnbc.com time to read: +1 min

Ukrainian troops fire with surface-to-surface rockets MLRS towards Russian positions at a front line in the eastern Ukrainian region of Donbas on June 7, 2022. WASHINGTON – The Biden administration announced $1.1 billion in additional security assistance for Ukraine on Wednesday, bringing the U.S. commitment to more than $16.2 billion since Russia's invasion in late February. The announcement of the upcoming aid package, the 22nd such installment, follows referendums held in four Russian-occupied regions of Ukraine that are backed by Russian President Vladimir Putin. The votes, widely viewed as rigged and illegitimate, are to determine if Donetsk, Luhansk, Zaporizhzhia and Kherson should become part of Russia. Unlike a presidential drawdown authority, which pulls weapons directly from U.S. stockpiles, the latest security assistance package is authorized through the Ukraine Security Assistance Initiative, or USAI, which uses funds appropriated by Congress.

Hedge funds and other money managers sold the equivalent of 8 million barrels in the six most important petroleum-related futures and options contracts in the week to Sept. 20. Funds have sold a total of 186 million barrels over the 16 weeks since the start of June, according to records published by ICE Futures Europe and the U.S. Commodity Futures Trading Commission. (Chartbook: https://tmsnrt.rs/3Stv0XG)The most recent week saw purchases of Brent (+6 million barrels), NYMEX and ICE WTI (+3 million) and U.S. gasoline (+2 million) but sales of U.S. diesel (-3 million) and European gas oil (-15 million). Middle distillates such as diesel and gas oil are mostly used in freight transportation, manufacturing and mining, so they are heavily geared to the business cycle. Fund managers have cut their position in mid-distillates in each of the last three weeks by a total of 39 million barrels as fears of a recession have intensified.

Laura Kelly, a Democrat, is fighting a tough re-election battle— the issue is almost nowhere to be seen. “What Kelly is doing makes perfect sense," said Bob Beatty, a political science professor at Washburn University in Topeka. “I think the abortion vote is possibly very instructive nationally, and for other states, but not for Kansas,” Beatty said. Doing so also allows Kelly and her campaign to avoid wading into the violent history surrounding abortion rights activism in the state. Still, at a debate between the two candidates at the Kansas State Fair earlier this month, Schmidt accused Kelly of supporting abortion “up until the moment of birth,” which is not accurate.

☆ Fit and still driven, Djokovic not thinking about retirement
▼ + stars: | 2022-09-25 | by ( ) www.reuters.com time to read: +2 min

His exit has brought the longevity of his great rivals, Rafa Nadal and Djokovic, in sharper focus while fans and pundits have wondered how men's tennis would cope with the prospect of losing their most marketable athletes. The so-called men's 'Big Three' revolutionised the sport with their own achievements and riveting rivalries. Nadal said he was not contemplating retirement at the moment after a radio frequency treatment eased pain in his foot and allowed him to play Wimbledon. Djokovic, the fittest among the three, said he has made necessary adjustments to his schedule to look after his body. Register now for FREE unlimited access to Reuters.com RegisterReporting by Sudipto Ganguly in Mumbai; Editing by Himani SarkarOur Standards: The Thomson Reuters Trust Principles.

Search resuls for: "22nd"

25 mentions found