DIRS.INFO The most relevant business & tech news

☆ Here are some things to think about before deciding to retire in another state
▼ + stars: | 2022-12-09 | by ( Deborah Nason | ) www.cnbc.com time to read: +4 min

This may include health care, health insurance, rent, home prices, home insurance (especially in a place like Florida), property taxes, transportation costs, etc. Income taxes: It can really impact long-term retirement projections when you move from a state without income taxes to one with state levies on earnings. It can really impact long-term retirement projections when you move from a state without income taxes to one with state levies on earnings. Estate taxes: Many states have much lower estate-tax exemptions than the federal government, which could result in a state estate tax applying to heirs. "Both private health insurance for younger retirees and Medicare Advantage plans have specific service areas," he said.

☆ Climate activists block Champs Elysees to demand better insulation of buildings
▼ + stars: | 2022-12-08 | by ( ) www.reuters.com time to read: +2 min

[1/5] Environmental activists of "Derniere Renovation" (Last Renovation) group hold a banner as they block the traffic on the Champs Elysees avenue near the Arc de Triomphe in Paris to draw attention to environmental issues on housing and building renovation during the energy crisis in France, France, December 8, 2022. REUTERS/Gonzalo FuentesPARIS, Dec 8 (Reuters) - Environmental activists briefly blocked Paris's Champs Elysees avenue on Thursday in protest at what they called the French government's lack of action to counter climate change, notably inadequate levels of insulation in buildings. Some 20 members of "Derniere Renovation" (Final Renovation) sat on the wide boulevard, snarling traffic in both directions for around 10 minutes before being pulled away by police. In a statement, the group called on the government to launch a campaign for better building insulation, which it said could massively cut French carbon emissions. The building industry was willing and able to implement such a plan and "all that is missing is the political will," it said.

☆ SBF's Alameda racked up $55,000 Margaritaville debt by snapping up around 20 premium suites for workers, who took bus across tropical island to work, report says
▼ + stars: | 2022-12-07 | by ( Pete Syme | ) www.businessinsider.com time to read: +3 min

Insider earlier reported how Sam Bankman-Fried's Alameda owed $55,319 to Margaritaville. Employees told Bloomberg that the company used around 20 premium suites for Alameda staff. Staff at the 4-star hotel told Bloomberg that employees of FTX entities stayed there for several months this year, and were generally friendly. Employees told Bloomberg that the company had around 20 suites in One Particular Harbour – a high-end building designed for longer stays, next to the main resort. One resort employee told Bloomberg that they had plans to go out on the town with friends from FTX, but never had the chance after the firm went bankrupt.

☆ The easiest way to travel full time? See what a 28-year-old paid for an apartment on a cruise ship
▼ + stars: | 2022-12-07 | by ( Lucy Handley | ) www.cnbc.com time to read: +8 min

The MV Narrative is now under construction in Split, Croatia, from where it will set sail in 2025. The MV Narrative, the first cruise ship from operator Storylines, is scheduled to set sail from Croatia in 2025. A computer-generated image of the bathroom in a "Global" penthouse residence on board the MV Narrative cruise ship. A rendering of a residents' lounge on board the MV Narrative cruise ship, which is expected to carry around 1,000 passengers. A computer rendering of the living quarters of an "Envision" residence on board the MV Narrative cruise ship.

☆ Andreessen Horowitz just led a $43 million round into real estate financing startup Setpoint after seeing this 10-slide pitch deck
▼ + stars: | 2022-12-07 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +3 min

Setpoint, a property tech startup that provides financing for real estate, has raised $43 million. The Series A round was led by US investing giant Andreessen Horowitz. Setpoint provides access to financing for single-family residences (SFR), fractional ownership, and rent-to-own housing and works with property tech companies like Flyhomes. Setpoint's Series A funding round was led by Andreeseen Horowitz with participation from Stonecroft, 75andSunny, Fifth Wall, 645 Ventures, NextView Ventures, LiveOak Venture Partners, Vesta Ventures, and ATX Venture Partners. "Venture investors are certainly being more cautious, but in our experience, companies that have found great product-market-fit are getting funding," Wall added.

☆ Brazil, a Bastion of Hydropower, Is Gaining Traction in Wind and Solar
▼ + stars: | 2022-12-06 | by ( Paulo Trevisani | ) www.wsj.com time to read: +8 min

The government, meanwhile, welcomes renewables projects as they can generate jobs and extra income for communities plagued by poverty. The wave of solar, wind and other clean-energy projects is expected to take market share from historically predominant hydroelectric generation. Wind and solar power are abundant in areas thousands of miles north of metropolitan centers where it is mostly needed, industry officials said. New solar and wind plants are generally welcomed by environmentalists and can often offer much-needed income to small farms. Of this total, 83% is expected to come from renewable sources, including hydro, solar, wind and others.

Mount Semeru, which lies around 640 kilometers (400 miles) southeast of the capital Jakarta, began erupting at 2:46 a.m. local time Sunday (2:46 p.m. Pyroclastic flow rolls down the slope of Mount Semeru during an eruption in Lumajang, East Java. Standing at 3,676 meters (12,060 feet), Mount Semeru is the tallest volcano on Java – and one of its most active ones. People take shelter at a community hall in Candipuro village following Mount Semeru's volcanic eruption in Lumajang, East Java on December 4, 2022. Rescue workers monitor the flow of volcanic materials from the eruption of Mount Semeru, in Lumajang, East Java, Indonesia, on December 4, 2022.

☆ How Nascar Turned This Lakefront Community Into One of America’s Hottest Luxury Housing Markets
▼ + stars: | 2022-12-02 | by ( Libertina Brandt | Katherine Clarke | ) www.wsj.com time to read: 1 min

Luxury real-estate markets across the country are propelled by the biggest local industries, whether it’s high finance in New York, big oil in Texas, Walmart in Bentonville, Ark., or Hollywood in L.A. On North Carolina’s Lake Norman, there’s no disputing the driver: It’s Nascar. The Lake Norman area, located roughly 20 miles north of Charlotte, N.C., has long been home to some of Nascar’s most successful drivers, thanks to its proximity to the Charlotte Motor Speedway and the headquarters of some of the sport’s best known teams. Over the past decade, some of the wealthiest drivers have plowed their winnings into building and buying some of the state’s most luxurious residences, helping to propel the local market to new heights.

☆ How NASCAR Turned This Lakefront Community Into One of America’s Hottest Luxury Housing Markets
▼ + stars: | 2022-12-01 | by ( Libertina Brandt | Katherine Clarke | ) www.wsj.com time to read: 1 min

Luxury real-estate markets across the country are propelled by the biggest local industries, whether it’s high finance in New York, big oil in Texas, Walmart in Bentonville, Ark., or Hollywood in L.A. On North Carolina’s Lake Norman, there’s no disputing the driver: It’s NASCAR. The Lake Norman area, located roughly 20 miles north of Charlotte, N.C., has long been home to some of NASCAR’s most successful drivers, thanks to its proximity to the Charlotte Motor Speedway and the headquarters of some of the sport’s best known teams. Over the past decade, some of the wealthiest drivers have plowed their winnings into building and buying some of the state’s most luxurious residences, helping to propel the local market to new heights.

☆ Jeffrey Epstein's unsold former New Mexico ranch is no longer the most expensive home in the state after nearly $10 million price reduction
▼ + stars: | 2022-11-27 | by ( Jordan Hart | ) www.businessinsider.com time to read: +2 min

Zorro Ranch, previously owned by Jeffrey Epstein, has dropped from $27.5 million to $18 million after over a year on the market. It was once the most expensive home in New Mexico before the price cut, Realtor reported. His 7,500-acre New Mexico mansion was listed for $27.5 million in June 2021, but the price has since dropped to $18 million, according to a Realtor report. Realtor.com listing for Jeffrey Epstein's Zorro Ranch in New Mexico. Dolly Lenz, founder and CEO of Dolly Lenz Real Estate, explained to Realtor why Zorro Ranch has been more difficult to sell than Epstein's other luxurious properties.

This time round, Charles III hosted the first state visit of his reign and welcomed South African President Cyril Ramaphosa to the UK. The South African state visit was Charles’s first big diplomatic test. But this week, the prominence of the Prince and Princess of Wales during the state visit indicated that the couple have been elevated into crucial central roles. PHOTOS OF THE WEEKHere’s a few of our favorite shots from the first state visit King Charles hosted as monarch. Stefan Rousseau/WPA Pool/Getty ImagesThe state visit also allowed UK PM Rishi Sunak the opportunity to welcome Ramaphosa to 10 Downing Street for a bilateral meeting.

☆ Creator Caleb Simpson calls himself this generation's 'MTV Cribs.' His main goal? To capture 'different walks of life.'
▼ + stars: | 2022-11-24 | by ( Daysia Tolentino | Daysia Tolentino Is A Culture | Trends Reporter For Nbc News. | ) www.nbcnews.com time to read: +7 min

But creator Caleb Simpson prefers to show a more realistic look into the lives of “everyday New Yorkers” with his popular video series featuring apartment tours. The creator, who first blew up on TikTok in 2019, had a number of successful videos prior to his apartment tour series, including pizza reviews, photography tutorials and comedic sketches. Other videos introduce viewers to more unfamiliar faces, like Tomo Delaney, who gave Simpson a tour of his soon-to-be former home. But her friend from high school, who is based in Chicago, is — and suggested Simpson tour Werle’s home. "I’m really, really excited about it."

☆ Day before FIFA World Cup, Qatar faces overcrowding troubles
▼ + stars: | 2022-11-19 | by ( The Associated Press | ) www.nbcnews.com time to read: +4 min

He and his friends had got a rare day off from Hamad Port to walk 6 kilometers (3.7 miles) to the fan zone before being turned away. “There’s nothing we can do.”Qatar’s Supreme Committee for Delivery and Legacy, which oversees the World Cup, said in a statement to The Associated Press it was “absolutely delighted” with the opening of the Fan Zone. People dance at the Souq Waqif marketplace ahead of the FIFA World Cup in Doha, Qatar on Nov. 19, 2022. Just after 8 p.m., however, crowds thronged the Fan Zone, hoping to attend a concert featuring Lebanese singer Myriam Fares and Colombian singer Maluma. But as hundreds squeezed inside a holding pen, thousands more waited outside the venue.

☆ A real estate investor who owns more than 100 rental units says that investors should be 'a lot more excited to buy this year than last.' Here's his 4-step process for finding a great deal.
▼ + stars: | 2022-11-17 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +8 min

Start by deciding where you want to buy property and learn everything about that market. Then, figure out what an "average deal" is in your area so you can score great deals. If you're going to be a buy-and-hold investor in a new area, get a buy box and make it hyper-focused." "The more you know your buy box, the better your chances at finding a great deal," he said. I'm willing to write lots of offers and I will close on every great deal."

☆ Inside the new database disclosing judicial wealth and potential conflicts, from Justice Neil Gorsuch's $700 cowboy boots to Justice John Roberts' Irish cottage
▼ + stars: | 2022-11-15 | by ( Jack Newsham | ) www.businessinsider.com time to read: +4 min

One judge disclosed a six-figure investment in cryptocurrency. Those judges' financial lives, and more than 400 others, are laid bare in a new federal database that went live this month. Litigants looking for potential conflicts of interest, and pretty much anybody else, can see what federal judges own, who they owe, what side hustles they have, and what their spouses do. And while private-sector 401(k) plans need to be disclosed, federal employee retirement plans, known as thrift savings plans, don't. It only includes 2021 financial disclosures, and users who want information about previous years' disclosures will have to submit their requests manually.

☆ Here's why it may take a while for housing inflation to cool off
▼ + stars: | 2022-11-14 | by ( Greg Iacurci | ) www.cnbc.com time to read: +2 min

Allison Dinner | Getty ImagesThere are signs inflation may fall further in coming months, but housing threatens to mute any improvement. The consumer price index, a key barometer of inflation, rose 7.7% in October from a year ago. That may seem counterintuitive at a time when many observers have said the U.S. is in a "housing recession." The shelter category is up 6.9% in the last year. The rental and housing markets are coolingBusà Photography | Moment | Getty ImagesWhy shelter prices lag

☆ Most Americans want to 'age in place' at home. Here's how to plan your support systems
▼ + stars: | 2022-11-09 | by ( Deborah Nason | ) www.cnbc.com time to read: +3 min

Retirement-focused financial advisors can help with both the financial and non-financial preparations to do so. "I saw my clients struggling [with this issue] and I wanted to help them think about the process of aging." Sandy Adams partner with the Center for Financial PlanningWhen should people start this kind of planning? "None of us knows when that event might happen that will cause us to suddenly need help." Black, CFP and partner at Bridgeworth Financial Management in Birmingham, Alabama.

☆ Frat Parties Are Canceled at Cornell University After Alleged Sexual Assault, Druggings
▼ + stars: | 2022-11-08 | by ( Joseph De Avila | ) www.wsj.com time to read: 1 min

The Ivy League university didn’t name any of the victims or anyone allegedly responsible. Cornell University said all fraternity parties are temporarily suspended after at least four students were allegedly drugged with laced drinks and another student reported a sexual assault. The incidents allegedly took place at off-campus residences affiliated with registered fraternities, the university said Monday. Cornell and local police officials are investigating the alleged incidents, the university said.

☆ Cornell suspends frat parties and social events after reports of off-campus sexual assault and druggings
▼ + stars: | 2022-11-08 | by ( Isabella Zavarise | ) www.businessinsider.com time to read: +2 min

Cornell University has suspended all fraternity parties and social events. The decision comes after an alleged sexual assault and four reports of drugging at off-campus locations. In the statement, the university said police and Cornell administrative investigations are underway and the university is providing support services to those impacted. Cornell University Police department referred Insider's questions to the university's media relations department which did not respond before publication. Cornell University Interfraternity Council and the Ithaca Police Department did not respond to Insider's request for comment.

And in Arizona, a judge is preparing to rule on whether a hand count of ballots can proceed in Cochise County on the state’s southeastern border. Lawyers aligned with both Democrats and Republicans have brought waves of lawsuits seeking to define the voting rules for the midterm elections. And Georgia’s Cobb County is part of the populous Atlanta metropolitan area, which played a key role in Democrats' 2020 election wins. In the Cochise County hand count case, Arizona’s secretary of state’s office has argued that the longer hand-count process could risk the state’s ability to certify its election results by a Dec. 5 deadline. Another hand count in Nevada’s rural Nye County was shut down earlier this month in favor of machine counting after the state supreme court struck down key parts of the process.

☆ Would you pay $1 million to live aboard this 753-foot ‘sustainable’ megaship? Take a look inside
▼ + stars: | 2022-11-06 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +3 min

Storylines' MV Narrative residential cruise ship is set to launch in 2025, with 547 private residences priced between $1 million and $8 million to own. That's when Miami-based residential shipbuilder Storylines plans to launch its new $1.5 billion, 753-foot megaship filled with 547 private residences. Storylines bills the cruise ship, called the MV Narrative, as "the world's first environmentally sustainable private residence ship." Storylines' MV Narrative will offer 547 luxury private residences with anywhere from one to four bedrooms. People who live on the MV Narrative will get to circumnavigate the globe every three years.

☆ Elon Musk says sleeping on factory floors was important so Tesla employees would 'give it their all,' days after a Twitter boss was pictured sleeping in the office
▼ + stars: | 2022-11-04 | by ( Aaron Mok | Hayley Cuccinello | ) www.businessinsider.com time to read: +3 min

Elon Musk talked about his sleeping habits, including past nights spent on Tesla's factory floor. Musk's comments come after a Twitter employee shared a photo of his boss sleeping in the office. Musk said that sleeping on the floor was "damn uncomfortable" and made him "smell like dust." Musk's comments come days after a Twitter employee shared a photo early Wednesday morning of his boss Esther Crawford, the director of product management at Twitter, sleeping on the office floor. Musk has publicly talked about his sleeping habits in the past.

☆ Home Buyers Are Moving Farther Away Than Ever Before
▼ + stars: | 2022-11-03 | by ( Nicole Friedman | ) www.wsj.com time to read: 1 min

The rise of remote work and the ballooning cost of housing in major metro areas are leading Americans to move much farther away when buying a home. Buyers who purchased homes in the year ended in June moved a median of 50 miles from their previous residences, according to a National Association of Realtors survey released Thursday. That distance is the highest on record in annual data going back to 2005 and follows five straight years in which the median distance moved was constant at 15 miles, NAR said.

He said the spouses of some high-profile lawmakers may need security details in the future, in addition to using home security systems. Court documents allege the suspect had been in search of the House speaker and was on a "suicide mission" with additional targets. However, "there are not enough resources available to me to do that," she said on MSNBC following the attack on Paul Pelosi. “Bloodshed is coming," Swalwell tweeted at the time, foreshadowing the Pelosi attack. The Paul Pelosi attack was foreseeable," Schuman said.

☆ Miami’s First Supertall Tower Breaks Ground
▼ + stars: | 2022-11-01 | by ( Deborah Acosta | ) www.wsj.com time to read: 1 min

A rendering of the Waldorf Astoria residential tower, which is designed to withstand hurricane-force winds and remain stable near sea level. Miami’s Waldorf Astoria residential tower, poised to be South Florida’s tallest skyscraper, is a test case for new techniques meant to enable the more than 1,000-foot tall building to withstand hurricane-force winds and remain stable near sea level. Developers broke ground on the building’s foundation in downtown Miami in October. The 100-story tower, which resembles a series of glass cubes stacked on top of each other, will feature 205 hotel guest rooms and 360 luxury condo residences. It would be the city’s first supertall structure, and the tallest residential building south of New York City when completed around 2027, according to the development team.

Search resuls for: "Residences"

25 mentions found