DIRS.INFO The most relevant business & tech news

☆ Why desalination won't save states dependent on Colorado River water
▼ + stars: | 2023-01-27 | by ( Emma Newburger | ) www.cnbc.com time to read: +8 min

The Colorado River wraps around Horseshoe Bend in the in Glen Canyon National Recreation Area in Page, Arizona. "Ocean water desalination has tremendous allure," said Robert Glennon, a professor emeritus of law and water policy scholar at the University of Arizona. Pipes containing drinking water are shown at the Poseidon Water desalination plant in Carlsbad, California, U.S., June 22, 2021. The cost of water is highSince desalination is a drought-resistant process, some have argued that states with such facilities could make themselves less dependent on water from the Colorado River. That's significantly more than the amount the San Diego County Water Authority pays for water sourced from the Colorado River and the Sacramento San Joaquin River Delta.

Still, hedge funds piled into Shaw, betting the deal would go ahead. But now, together, the 12 hedge fund firms have made hundreds of millions over the nearly two-year period between Mar. POPULAR TRADEThe 12 hedge fund firms together owned 7.05% of Shaw's shares, or 33.6 million shares, according to Refinitiv Eikon data. Millennium, for example, is a multi-strategy firm - meaning it operates different hedge fund strategies. If the competition bureau had prevailed, analysts had predicted Shaw shares would have dropped to the pre-bid level of C$23, pointing to steep losses for the hedge funds.

☆ A 26-year-old college dropout makes up to $73,000 a month in revenue selling products on Amazon FBA. He shares his top 5 tips to find the best products and sell them out.
▼ + stars: | 2023-01-26 | by ( Laila Maidan | ) www.businessinsider.com time to read: +8 min

Kevin Pak lost money on the first two products he tried to sell on Amazon FBA. In 2022, Pak made $289,000 in revenue and $127,000 in profit, according to screenshots of his Amazon seller's account viewed by Insider. Pak realized that the manufacturer he ordered shipped out poor-quality products. His product didn't look anything different, except he didn't have any reviews. If you're unsure about this step, Pak recommends consulting with an attorney or hiring a freelancer from Fiverr to do it for you.

A video that has gone viral has exposed a clash between students and school officials in Idaho over whether the term “brown pride” is a symbol of cultural pride or a sign of gang affiliation. “He was telling me: 'You can’t wear it, because it has ‘brown pride’ on it. They wore rosaries, bandannas and clothing inspired by Latino heritage and brown pride, and some students brought Mexican flags, she said. Lilly Meinen, a Latina freshman at Caldwell High School, said the term “brown pride” was something students should be proud of. Two days after the protest, Caldwell High School was vandalized with a "white power" tagging and a white van was vandalized with "f--- brown pride" tagging.

☆ Rep. Ruben Gallego launches bid for Sen. Kyrsten Sinema's Arizona seat
▼ + stars: | 2023-01-23 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +3 min

Representative Ruben Gallego, a Democrat from Arizona, speaks during a House Armed Services Committee hearing in Washington, D.C., U.S, on Thursday, July 9, 2020. Democratic Rep. Ruben Gallego of Arizona on Monday launched a 2024 campaign for the U.S. Senate seat held by Sen. Kyrsten Sinema, who recently left the Democratic Party and faces an uncertain political future. "I will be challenging Kyrsten Sinema for the United States Senate, and I need all of your support," the 43-year-old Gallego said in a video posted Monday morning. In an interview with the Associated Press, Gallego said Sinema "clearly has forgotten where she came from." Arizona was one of the battleground states that helped Biden secure his 2020 presidential win over former President Donald Trump.

[1/3] People walk along a rocky beach caused by high surf following winter storms in San Diego, California, U.S., January 17, 2023. The White House said Biden, who on Saturday authorized federal disaster assistance for three hard-hit counties in northern and central California, would be joined by Governor Gavin Newsom and other elected officials. Twisted wreckage of wooden piers torn up along the waterfronts at both locations vividly illustrated the storms' destructive force. The high winds wreaked havoc on the state's power grid, knocking out electricity to tens of thousands of Californians. Reporting by Jeff Mason in Washington; Additional reporting by Trevor Hunnicutt and Katherine Jackson in Washington; Writing by Steve Gorman in Los Angeles.

☆ California sees extensive storm damage as weather calms
▼ + stars: | 2023-01-18 | by ( The Associated Press | ) www.nbcnews.com time to read: +2 min

Light rain and snow showers lingered Tuesday in some areas across California, but the skies were finally largely clear. A shot of precipitation from a quick system was predicted for Wednesday or Thursday, followed by a dry period, the National Weather Service said. More than 70 residents were evacuated by helicopter, but a handful have refused to leave, according to the Ventura County Sheriff’s Office. “We’ve had enough rain for now and a long time to come.”The amount of rain and snow across the state has been staggering. The San Francisco “water year” to date — since Oct. 1, 2022 — has recorded 21.75 inches of rain, making it the sixth-wettest water year on record, the National Weather Service said.

☆ California is emerging from a 'parade of storms' with recovery efforts across a ravaged state
▼ + stars: | 2023-01-16 | by ( Evan Bush | Evan Bush Is A Science Reporter For Nbc News. He Can Be Reached At Evan.Bush Nbcuni.Com. | ) www.nbcnews.com time to read: +4 min

California's snowpack is on pace for a remarkable season after nearly three weeks of atmospheric river storms pummeled California with heavy precipitation. California has had nine atmospheric river storms since Christmas, Anderson said. "We're finally getting through the parade of storms," Anderson said. Meantime, a mudslide closed part of State Route 13 in the Oakland area, the state Transportation Department said. It expected it could take as long as three weeks to clear the road and up to six months for repairs.

☆ U.S. National Parks, including Yellowstone and the Grand Canyon, will be free on MLK Day—and 4 other days this year
▼ + stars: | 2023-01-13 | by ( Nicolas Vega | ) www.cnbc.com time to read: +1 min

The US National Park Service will be offering no-cost admission to all of its parks, including Yellowstone, Yosemite, Grand Canyon and Zion National Park on Monday, Jan. 16 as part of its 2023 "fee-free days." If you've been looking for an excuse to visit one of America's more than 400 national parks, now is your chance. The Colorado River wraps around Horseshoe Bend in the in Glen Canyon National Recreation Area in Page, Arizona. "National parks are really amazing places and we want everyone to experience them," NPS director Chuck Sams said in a statement announcing the free 2023 dates. "The entrance fee-free days encourage people to discover the beauty, history and inspiration awaiting them ... throughout the country."

☆ 'Mad Dog' Marcio Freire dies in surfing accident in Nazaré, Portugal
▼ + stars: | 2023-01-06 | by ( ) www.nbcnews.com time to read: +1 min

LISBON — Veteran Brazilian surfer Marcio Freire died on Thursday while practicing tow-in surfing on the giant waves in Nazaré on the central coast of Portugal, the local maritime authority said. Freire was one of the three Brazilian surfers who became known as the “Mad Dogs” after conquering the giant wave “Jaws” in Hawaii. Legend,” posted fellow big wave surfer Nic von Rupp. American Garrett McNamara put Nazaré on the map in 2011 when he set a world record for the biggest wave ever surfed at 78 feet. Brazilian Rodrigo Koxa bettered McNamara’s mark in 2017, also at Nazaré, and German Sebastian Steudtner broke the record again there in 2020, surfing an 86-foot wave.

☆ Flash floods inundate highways in the Bay Area and the Midwest is under winter weather watch as extreme weather hits parts of US to start 2023
▼ + stars: | 2023-01-01 | by ( Kelsey Neubauer | ) www.businessinsider.com time to read: +3 min

A major highway was shut down in the Bay Area on New Years Eve after heavy rains led to flooding. Meanwhile, the Midwest and Plains region is under a winter weather watch as storm moves east. This is the 2nd major weather event since Christmas, when Winter Storm Elliot tore through the US. Since Saturday morning, about six miles of Interstate 580 in the Bay Area near Oakland has remained closed due to flooding, the San Francisco Gate reports. Another one is expected in the Bay Area on January 2, the San Francisco Gate reported.

In 2022, drugmakers raised prices on more than 1,400 drugs according to data published by 46brooklyn, a drug pricing non-profit that is related to 3 Axis. The median drug price increase was 4.9% last year, while the average increase was 6.4%, according to 46brooklyn. Antonio Ciaccia, president of 3 Axis, said that drugmakers have focused on launching their drugs at higher prices because of the attention paid to annual price increases. More drug prices are likely to be announced over the course of January - historically the biggest month for drugmakers to raise prices. Sanofi plans to raise prices on 14 of its drugs or vaccines.

☆ After a record-breaking 2021, European investors and founders are ready to take it slow
▼ + stars: | 2022-12-29 | by ( Jordan Parker Erb | ) www.businessinsider.com time to read: +4 min

Our Big Tech team was constantly chasing the biggest stories, from alleged executive misconduct at Microsoft to injuries in Amazon warehouses. After a record-breaking 2021, European startups raised $16 billion in the third quarter — a 44% annual drop. The solo founder joined YC in January 2022, and has since raised millions from investors like Alexis Ohanian. The risk of debilitating muscle and joint injuries at Amazon warehouses is off the charts, workplace regulators have said. Amazon workers shared why they planned to vote against unionizing.

Three people are dead after they fell through the ice on a lake in central Arizona. The three were walking on Woods Canyon Lake, about 30 miles from the central Arizona city of Payson, when they fell through. Emergency crews found Haritha Muddana's body Monday night and continued to search for the other victims, officials said. Three people are dead after they fell through a frozen Arizona lake. Deputies then acquired a boat from a rental service at the lake and conducted an expanded search, the sheriff’s office said.

☆ 10 money managers who quietly control the vast fortunes of Jeff Bezos, Sergey Brin, the Waltons, and other big-name billionaires
▼ + stars: | 2022-12-27 | by ( Hayley Cuccinello | ) www.businessinsider.com time to read: +24 min

Many über-rich people don't outsource their wealth — they hire their own chief investment officers. He left SAC in 2005 for Dune Capital Management, but stayed in touch with Steve during his five-year term at the investment firm. Andrew oversees CPV's portfolio, which primarily comprises direct private investments such as Collectors Universe, a collectibles-authentication company, and the New York Mets. In 2011, Wildcat Capital Management was launched with Potter as president and chief investment officer. Since November 2021, Carland has also served as the interim chief investment officer for Builders Vision's asset arm.

☆ An iPhone 14 automatically notified emergency services when a California couple's car plunged 300 feet down a canyon
▼ + stars: | 2022-12-27 | by ( Grace Dean | ) www.businessinsider.com time to read: +2 min

Cloe Fields and Christian Zelada's car came off the road and plunged 300 feet into a canyon. Fields' iPhone 14 automatically notified emergency services about the accident, local law enforcement said. Crash-detection is a new feature on the iPhone 14 and some Apple Watch models. Apple introduced the crash-detection feature to the iPhone 14 and some Apple Watch models. If owners don't respond to an on-screen crash alert within 20 seconds, the device automatically messages the emergency services.

☆ A Green Beret recalls the Christmas Day mission that was almost his last
▼ + stars: | 2022-12-26 | by ( Stavros Atlamazoglou | ) www.businessinsider.com time to read: +7 min

Recon Team ST Idaho was tasked with locating and destroying a fuel pipeline inside Laos. Just shy of a month earlier, on Thanksgiving Day, ST Idaho had barely survived a cross-border operation in Cambodia. ST Idaho debated if it was possible to lose the NVA and continue their mission but ultimately deiced against it. ST Idaho adjusted its path and continued its slow progress, throwing grenades at any noise they heard, nightmares of previous close-calls on their minds. Thick black smoke choked and blinded ST Idaho, but the SOG operators could see enemy troops advancing close behind the flames.

☆ Six battleground states will hold the key to the White House in 2024
▼ + stars: | 2022-12-24 | by ( John L. Dorman | ) www.businessinsider.com time to read: +12 min

AP Photo/Andrew HarnikGeorgia2012 margin: Romney +7.8%2016 margin: Trump +5.1%2020 margin: Biden +0.2%For decades, Republicans could easily depend on the Peach State's electoral votes falling into their column. Two years later, Biden won the state by roughly 12,000 votes over Trump, followed by the dual 2021 runoff victories of Sens. AP Photo/Matt RourkePennsylvania2012 margin: Obama +5.4%2016 margin: Trump +0.7%2020 margin: Biden +1.2%Biden's hometown of Scranton is dear to his heart so Pennsylvania was always going to be a key state for the party in 2024. AP Photo/Andy Manis, FileWisconsin2012 margin: Obama +6.9%2016 margin: Trump +0.8%2020 margin: Biden +0.6%Wisconsin is one of the most politically-divided states in the country. But Trump flipped Wisconsin to the GOP in 2016, the first time it had supported a Republican presidential nominee since 1984.

☆ Monarch butterflies made a historic rebound this year, but my photos from 'Butterfly Town, USA' are disappointing and sad
▼ + stars: | 2022-12-24 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +11 min

California's monarch butterflies made a miraculous rebound from nearly disappearing in 2020. I visited Pacific Grove, AKA "Butterfly Town, USA," to see the monarch migration for the first time. Monarch butterflies fly at the Sierra Chincua butterfly sanctuary in Angangeo, Michoacan state, Mexico. Monarch butterflies fly at the Sierra Chincua butterfly sanctuary in Angangeo, Michoacan state, Mexico. When I was a child, I didn't see monarch butterflies, but they were already in decline.

☆ A coal mine is on fire in Utah leaving a small town at risk
▼ + stars: | 2022-12-21 | by ( Sara Ruberg | Sara Ruberg Is A News Associate With Nbc News. | ) www.nbcnews.com time to read: +3 min

The Trump administration gave several towns relying on oil, gas and coal a boost by cutting royalty payments and expanding projects. East Carbon is a coal town, one of only a few hundred still hanging on. Emery County Coal Resources, which is a subsidiary of American Consolidated Natural Resources, owns Lila Canyon Mine and did not reply to several requests for comment. Utah relies heavily on coal for energy: 61% of the state’s electricity net generation came from coal-fired plants. But Porter said Emery County Coal Resources, the company that runs the mine, has a solid plan to extinguish it.

☆ A couple who are financially independent from their real estate portfolio explain how they bought their first house for less than $2,000 and scaled up to 5 properties that bring in $30,000 a month in
▼ + stars: | 2022-12-21 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +13 min

Jervais, who started with worse credit than Natia, bumped his score up from 524 to the low- to mid-600s, he said. Plus, Natia started working in marketing in 2005 and went from an hourly wage plus tips to earning a salary. The way rental arbitrage works is, you sign a long-term lease and then rent out that property on short-term rental platforms like Airbnb and VRBO. Courtesy of Natia and Jervais SeegarsThey ended up raising about $500,000 from private lenders, they said, which financed their next three properties. They purchased them all within 45 days of each other in late 2021 and immediately listed them on the short-term rental market.

☆ 11 ancient sites that are mysteriously aligned with the sun on the winter solstice, in photos.
▼ + stars: | 2022-12-17 | by ( Marianne Guenot | ) www.businessinsider.com time to read: +12 min

Archaeologists have found many ancient sites that line up with the winter solstice sun. Here are 11 sites that line up with the winter solstice, and what experts think about them. Newgrange, County Meath, IrelandPeople celebrating the sunrise at Newgrange on the morning of the winter solstice in 2018. ShutterstockOne of the most famous examples of ancient architecture lining up with the winter solstice is in Machu Picchu, Peru. "From the winter solstice the days are longer, which was a metaphor of the rebirth of the deceased," he said.

☆ Video shows dramatic helicopter rescue after vehicle plunged into California canyon
▼ + stars: | 2022-12-16 | by ( Antonio Planas | Antonio Planas Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +2 min

Authorities say it's a miracle two people had only minor injuries after their vehicle plunged hundreds of feet off the road and into a canyon Tuesday in California. A man and a woman in their early 20s fell about 300 feet when their vehicle veered off the road into Monkey Canyon in Angeles National Forest, about 30 miles northeast of downtown Los Angeles, Los Angeles County Sheriff’s Sgt. “Nearly all of the vehicles that go over the side of the road in that particular area turn out to be fatalities. Had it not been for the smartphone technology, Gilbert said, the two risked hypothermia, because temperatures were expected to drop into the 30s overnight. The sheriff’s department’s Special Enforcement Bureau tweeted dramatic video and photos of the rescue.

☆ Instead of buy the dips, it's sell the peaks, says Josh Friedman, Canyon Partners co-CEO
▼ + stars: | 2022-12-16 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInstead of buy the dips, it's sell the peaks, says Josh Friedman, Canyon Partners co-CEOJosh Friedman, Canyon Partners co-CEO, joins 'Closing Bell' to discuss his market takeaway following the Fed's hawkish messaging, pressure on pricing due to an exodus of investments from mutual funds and headwinds facing the equity market.

☆ Watch CNBC's full interview with Josh Friedman, Canyon Partners co-CEO
▼ + stars: | 2022-12-16 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Josh Friedman, Canyon Partners co-CEOJosh Friedman, Canyon Partners co-CEO, joins 'Closing Bell' to discuss his market takeaway following the Fed's hawkish messaging, pressure on pricing due to an exodus of investments toward mutual funds and headwinds facing the equity market.

Search resuls for: "Canyon"

25 mentions found