DIRS.INFO The most relevant business & tech news

Our species, Homo sapiens — with our complex thoughts and deep emotions — were the only true humans to ever walk the Earth. A study last week found early humans were building structures with wood before H. sapiens evolved. This ability to read ancient DNA revolutionized the field, and it is constantly improving. He specializes in creating lifelike models of ancient humans for museums, including the Smithsonian and the American Museum of Natural History, in hopes of helping public perception catch up to the science. They haven't been able to gather much ancient DNA from Africa, where H. sapiens first evolved, because it has been degraded by heat and moisture.

Persons: ”, Chris Stringer, ” Stringer, sapiens, Rick Potts, naledi, heidelbergensis, John Shea, “, Svante Paabo, Paabo, Bence Viola, Potts, Shea, ’ ” Shea, let’s, Janet Young, Young, John Gurche, Gurche, ” Gurche, “ They’re, they’re, it’s, haven't, we’ll, Mary Prendergast Organizations: Stony Brook University, University of Toronto, Canadian Museum, Smithsonian, American Museum of, Rice University, Associated Press Health, Science Department, Howard Hughes Medical Institute’s Science, Educational Media Group, AP Locations: Africa, Europe, Indonesia, Asia, Swedish, East, Southeast Asia

A space capsule carrying NASA’s first asteroid samples streaked toward a touchdown in the Utah desert Sunday to cap a seven-year journey. Flying by Earth, the Osiris-Rex spacecraft released the capsule from 63,000 miles (100,000 kilometers) out. About a teaspoon was returned by Japan, the only other country to bring back asteroid samples. By the time it returned Sunday, the spacecraft had traveled 4 billion miles (6.2 billion kilometers). Political Cartoons View All 1176 ImagesNow free of the sample capsule, Osiris-Rex is already targeting another asteroid.

Persons: Rex, Rex rocketed Organizations: Utah, Scientists, Space Center, Associated Press Health, Science Department, Howard Hughes Medical Institute’s Science, Educational Media Group, AP Locations: Utah, Japan, Houston

☆ CreditNinja, which has charged loan customers an interest rate of 447%, is complaining that their $1 million PPP loan forgiveness request was rejected
▼ + stars: | 2023-09-23 | by ( Azmi Haroun | ) www.businessinsider.com time to read: +3 min

Short-term lending company CreditNinja is mad about the SBA denying them loan forgiveness. The company charges interest rates as high as 447% in Texas, per KHOU. Get the inside scoop on today’s biggest stories in business, from Wall Street to Silicon Valley — delivered daily. According to Forbes, Kanye West's fashion company Yeezy received over $2 million in PPP loans. Artist Jeff Koons, also notably rich, received a $1.1 million PPP loan in April 2020, according to ProPublica.

Persons: Seamus Hughes's CourtWatch, CreditNinja, CreditNinja wasn't, —, Kanye, Yeezy, Jeff Koons Organizations: SBA, Service, Court, Southern Division, Small Business Association, Relief, Economic, Forbes Locations: Texas, Wall, Silicon, Illinois

☆ Novel Approach Would Avoid Shutdown, Force Congress to Keep Working
▼ + stars: | 2023-09-22 | by ( Siobhan Hughes | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/politics/policy/novel-approach-would-avoid-shutdown-force-congress-to-keep-working-61406568

Persons: Dow Jones

It fell 0.3% in the week, breaking a three week streak of gains. U.S. West Texas Intermediate crude (WTI) futures rose 40 cents, or 0.5%, to $90.03 a barrel, as U.S. oil rig counts fell. U.S. Federal Reserve officials warned of further rate hikes, even after voting to hold the benchmark federal funds rate steady at a meeting this week. U.S. oil rig counts, an indicator of future production, also fell by eight to 507 this week, their lowest since February 2022, energy services firm Baker Hughes said. Offline refinery capacity was expected to reach 1.4 million barrels per day (bpd) this week according to IIR Energy versus 800,000 bpd offline last week.

Persons: Nick Oxford, Dennis Kissler, Michelle Bowman, Russia's Transneft, Baker Hughes, Arathy Somasekhar, Nicole Jao, Robert Harvey, Yuka Obayashi, Emily Chow, Marguerita Choy, David Gregorio, Josie Kao Organizations: REUTERS, U.S . West Texas, BOK, U.S . Federal, RBC, St . Petersburg International Mercantile Exchange ., IIR Energy, U.S . Commodity Futures Trading Commission, Thomson Locations: Cushing , Oklahoma, HOUSTON, Brent, U.S, Primorsk, Novorossiysk, St, United States, Houston, New York, Tokyo, Singapore

NEW YORK (AP) — U.S. health officials on Friday recommended RSV vaccinations for moms-to-be, a second new option to protect newborns from serious lung infections. The shots should be given late in pregnancy but only during RSV season, the Centers for Disease Control and Prevention said. The RSV vaccine, made by Pfizer, should only be given between 32 weeks and 36 weeks of pregnancy. Some CDC panel members who ultimately supported the recommendation expressed reservations. Several also balked at the $295-a-dose price Pfizer has been charging for the same RSV vaccine for seniors, called Abrysvo.

Persons: ”, Mandy Cohen, Cohen, Grace Lee Organizations: —, Centers for Disease Control, Prevention, Pfizer, CDC, Associated Press Health, Science Department, Howard Hughes Medical Institute’s Science, Educational Media Group, AP Locations: — U.S, U.S

Two days later, the man was cracking jokes and able to sit in a chair, Maryland doctors said Friday. “You know, I just keep shaking my head – how am I talking to someone who has a pig heart?” Dr. Bartley Griffith, who performed the transplant, told The Associated Press. “It’s just an amazing feeling to see this pig heart work in a human,” said Dr. Muhammad Mohiuddin, the Maryland team’s xenotransplantation expert. That FDA allowed this second case “suggests that the agency is not ready to permit a pig heart clinical trial to start,” Mashke added. The pig heart, provided by Blacksburg, Virginia-based Revivicor, has 10 genetic modifications – knocking out some pig genes and adding some human ones to make it more acceptable to the human immune system.

Persons: –, “, ” Lawrence Faucette, Dr, Bartley Griffith, David Bennett, Ann Faucette, ”, Faucette, “ It’s, Muhammad Mohiuddin, Karen Maschke, ” Mashke Organizations: WASHINGTON, — Surgeons, Navy, University of Maryland Medicine, Associated Press, Maryland, Food and Drug Administration, FDA, National Institutes of Health, Maryland team’s, Hastings Center, Associated Press Health, Science Department, Howard Hughes Medical Institute’s Department of Science Education, AP Locations: Maryland, Frederick , Maryland, U.S, Blacksburg , Virginia

☆ JPMorgan says oil could spike to $150, gets very bullish on energy stocks
▼ + stars: | 2023-09-22 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Get ready for higher energy costs, JPMorgan said Friday, warning that the latest surge in oil prices may have a lot further to run. The recent uptick in oil prices , sparked by output cuts from OPEC and higher demand, has fueled inflationary fears and heightened concern that interest rates may stay at today's lofty levels for longer. Consumer prices in August, for example, showed a 0.6% month-over-month increase, the largest monthly gain of the year, partly owing to uptick in energy prices. Brent prices rose another 1% Friday to trade around $94 a barrel as a fuel export ban from Russia reignited global supply fears. Amid this looming energy "supercycle," JPMorgan sees a positive outlook for global energy producers and named Shell , Baker Hughes and Exxon Mobil among its best ideas.

Persons: Christyan Malek, Brent, Malek, Baker Hughes, — CNBC's Michael Bloom Organizations: JPMorgan, Brent, bbl, Shell, Exxon Mobil Locations: Russia

Horizontal drilling rigs operate in the Permian Basin oil production area near Wink, Texas U.S. August 22, 2018. REUTERS/Nick Oxford Acquire Licensing RightsSept 22 - U.S. energy firms this week cut the number of oil and natural gas rigs operating for first time in three weeks, energy services firm Baker Hughes (BKR.O) said in its closely followed report on Friday. U.S. oil rigs fell by eight to 507 this week, their lowest since February 2022, while gas rigs dropped by three to 118. In the Permian in West Texas and eastern New Mexico, the nation's biggest shale oil basin, drillers cut five rigs, bringing the total oil and gas count down to 317, the lowest since March 2022, according to Baker Hughes. In the Haynesville shale in Arkansas, Louisiana and Texas, drillers cut the number of gas rigs operating by two to 39, the lowest since November 2020.

Persons: Nick Oxford, Baker Hughes, TD Cowen, Scott DiSavino, Marguerita Choy Organizations: Wink , Texas U.S, REUTERS, drillers, Energy Information Administration, Thomson Locations: Wink , Texas, West Texas, New Mexico, Arkansas , Louisiana, Texas, U.S

The equinox arrives on Saturday, marking the start of the fall season for the Northern Hemisphere. That means the sun’s warmth and light fall unequally on the northern and southern halves of the planet. The Northern Hemisphere’s spring — or vernal — equinox can land between March 19 and 21, depending on the year. Its fall – or autumnal — equinox can land between Sept. 21 and 24. The winter solstice falls between December 20 and 23.

Organizations: Northern, Associated Press Health, Science Department, Howard Hughes Medical Institute’s Science, Educational Media Group, AP Locations: Northern, Solstices

☆ Kevin McCarthy Sees Progress in Winning Over GOP’s ‘Dysfunction Caucus’
▼ + stars: | 2023-09-21 | by ( Katy Stech Ferek | Siobhan Hughes | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/politics/policy/gops-dysfunction-caucus-blocks-mccarthy-as-government-shutdown-looms-f8f624f9

Persons: Dow Jones, mccarthy

Persons: Dow Jones, kevin, mccarthy Organizations: gop

Persons: Dow Jones, kevin, mccarthy Organizations: gop

CHICAGO (AP) — Miguel Andújar had thee hits and drove in three runs, Joshua Palacios hit a pinch-hit three-run homer and the Pittsburgh Pirates held off a late rally by the slumping Chicago Cubs in posting an 8-6 victory on Thursday night. Connor Joe and Ji Hwan Bae each added an RBI for the Pirates, whose bullpen surrendered six runs in the last three innings. The Pirates extended their lead to 5-1 in the eighth inning when Bae drove in Jared Triolo with a two-out RBI triple. Mike Tauchman had an RBI double in the eighth and scored later on an RBI groundout from Nico Hoerner to make it 5-4. Cubs: RHP Jameson Taillon (7-10, 5.27) is scheduled to start against RHP Noah Davis (0-2, 9.58) when Chicago hosts the Colorado Rockies for a three-game series.

Persons: — Miguel Andújar, Joshua Palacios, Pittsburgh's Johan Oviedo, Connor Joe, Ji Hwan Bae, Dansby Swanson, Bryan Reynolds, Andújar, Kyle Henricks, Bae, Jared Triolo, Joe, Swanson, Mike Tauchman, Nico Hoerner, Palacios, David Bednar, Brandon Hughes, Nick Burdi, Andrew Abbott, RHP Jameson Taillon, RHP Noah Davis Organizations: CHICAGO, Pittsburgh Pirates, Chicago Cubs, Cubs, Miami Marlins, National League, Pirates, Triple, Iowa, Cincinnati Reds, RHP, Chicago, Colorado Rockies, MLB Locations: Joe, Iowa

☆ 5 energy stocks with double-digit return potential as oil prices head toward $100, according to Goldman
▼ + stars: | 2023-09-21 | by ( Brian Evans | ) www.cnbc.com time to read: +3 min

Chevron stock has slipped roughly 7% from the start of the year. CVX YTD mountain Chevron stock. "We see 16% total return to Chevron," Mehta said. CVE YTD mountain Cenovus stock. BKR YTD mountain Baker Hughes stock.

Persons: Goldman Sachs, Neil Mehta, Goldman, Mehta, refiner Phillips, Cenovus, Brent, Baker Hughes, Baker, — CNBC's Michael Bloom Organizations: Brent, West Texas, Chevron, Phillips, Natural Resources, stoke, Baker Locations: Canada, 2H2023

☆ Analysis: Sizzling rally in US energy stocks has room to run, bulls say
▼ + stars: | 2023-09-21 | by ( David Randall | ) www.reuters.com time to read: +5 min

Some believe a tight oil market and resilient U.S. growth will keep energy stocks rising for the rest of 2023. Bullish investors argue that energy stocks are still cheap by historical standards - and far less richly valued than other areas of the market. The energy sector currently trades at a forward price to earnings ratio of 12.2, well below its historical median forward P/E of 15.3, according to LSEG Datastream. Parts of the market appear skeptical energy stocks have much further to run. "That should result in a ... smoother ride for energy stocks than we’ve been accustomed to."

Persons: Bing Guan, LSEG, Charles Lemonides, Baker Hughes, Savita Subramanian, Brent, Bjarne Schieldrop, Rodney Clayton, we’ve, David Randall, Ira Iosebashvili, Marguerita Choy Organizations: Exxon, Mobil, REUTERS, Energy, West Texas, Federal, drillers, U.S . Energy, Administration, Global, Citi, Brent, SEB Research, Macquarie, Duff, Phelps Investment Management, Thomson Locations: Beaumont , Texas, U.S, Saudi Arabia, Russia, China

And senior U.S. administration officials who previewed the meeting said the two nations are rolling out a partnership on workers' rights. Lula quickly traveled to Washington, where he and Biden bonded over the challenges to democracy they had both overcome. Labor is an issue dear to Lula, who got his start in politics as leader of a powerful metalworkers' union. They noted that the Biden administration has lifted travel restrictions to Cuba imposed by the prior administration and is also in the process of restarting remittances to that country. He declined to say whether Biden would broach the subject of Venezuela in their bilateral meeting.

Persons: Joe Biden, Luiz Inácio Lula da Silva, Lula, Biden, “, Thomas Traumann, Jair Bolsonaro, Donald Trump, Trump, Traumann, Dilma Rousseff, Lula’s, Paulo Peres, Venezuela’s Nicolás Maduro, Jake Sullivan, ___ Boak, Eléonore Hughes Organizations: Brazilian, General, U.S, White, Labor, Federal University of Rio, Amazon Fund Locations: New York, Ukraine, Washington, U.S, Cuba, Brazilian, Federal University of Rio Grande do Sul, Venezuela, Rio de Janeiro

NEW YORK (AP) — Researchers have uncovered a simple structure from the Stone Age that may be the oldest evidence yet of early humans building with wood. But it is much more complex than I thought.”Barham and his team dug up the log structure — plus a handful of wooden tools — from a riverbed site that sits above a waterfall in Zambia. They think the crossed logs could have been the base for a bigger structure like a walkway or a platform. The log structure was made at least 476,000 years ago, while the wood tools are slightly younger, under 400,000 years old. ___The Associated Press Health and Science Department receives support from the Howard Hughes Medical Institute’s Science and Educational Media Group.

Persons: It's, ”, Larry Barham, ” Barham, Barham, ’ ” Barham, couldn't, Geoff, —, Dirk Leder, Annemieke Milks, “, ” Milks Organizations: —, University of Liverpool, telltale, Aberystwyth University, Cultural Heritage, University of Reading, Associated Press Health, Science Department, Howard Hughes Medical Institute’s Science, Educational Media Group, AP Locations: Nature, Zambia, Wales, Africa, Germany’s, Saxony

The sample capsule will parachute into the Utah desert as its mothership, the Osiris-Rex spacecraft, zooms off for an encounter with another asteroid. The asteroid samples will be handled inside nitrogen-purging gloveboxes by staff in head-to-toe clean room suits. ASTEROID AUTUMNThis fall is what NASA is calling Asteroid Autumn, with three asteroid missions marking major milestones. Both the NASA spacecraft and its target — a metal asteroid — are named Psyche. Japan’s first asteroid sample mission returned microscopic grains from asteroid Itokawa in 2010.

Persons: —, ”, University of Arizona’s Dante Lauretta, Rex, Bennu, Lauretta, NASA’s, Johnson, Kevin Righter, Lucy Organizations: NASA, University of Arizona’s, Empire, Defense Department’s Utah, NASA’s Johnson Space Center, Apollo, Soviet Union, Associated Press Health, Science Department, Howard Hughes Medical Institute’s Science, Educational Media Group, AP Locations: Utah, Japan, Bennu, Colorado, Houston, Antarctica, Cape Canaveral , Florida, U.S, China

☆ These stocks could break out to new highs if the Fed is viewed as market-friendly
▼ + stars: | 2023-09-20 | by ( Brian Evans | ) www.cnbc.com time to read: +5 min

Some stocks that were trading near 52-week highs before the Fed decision could now ride the coattails of the latest interest rate decision and move higher. Boston Scientific's previous 52-week high stood at $54.99 . Meanwhile, credit card giant Mastercard is well within striking range of a new 52-week high, with shares only 1.21% away from the benchmark. Some stocks that were trading near 52-week highs before the Fed decision could now ride the coattails of the latest interest rate decision and move higher. Consensus analyst estimates forecast a 10.4% rally to Arch Capital stock.

Persons: yearend, Jerome Powell, Drew Angerer, Baker Hughes Organizations: Fed, Federal, CNBC, CNBC Pro Stock, Boston Scientific, Boston Scientific's, Boston, Mastercard, Arch Capital, Arch Capital Group, . Federal, Federal Reserve, Washington , D.C, Getty, Capital Group, AIG American International Group, Amphenol, Bunge, Boston Scientific Corp, Design Systems, Everest Group, Emerson Electric Co, HAL Halliburton, ICE, Exchange, Jacobs Solutions, Mckesson, E Corp, Services, Constellation Brands, Targa Resources Corp, Visa Locations: Washington ,

☆ Kevin McCarthy Hits New Hurdles With Holdout Republicans
▼ + stars: | 2023-09-19 | by ( Siobhan Hughes | Lindsay Wise | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/politics/kevin-mccarthy-government-shutdown-republicans-8d93faeb

Persons: Dow Jones, kevin, mccarthy, 8d93faeb

He has sought to boost Brazil's cred with each state visit and speech, one multilateral forum after another. PUSHING FOR GLOBAL GOVERNANCE — BRAZIL-STYLEDuring Lula’s travels, he has pushed for global governance that gives greater heft to the Global South and advocating diminishing the dollar’s dominance in trade. After the International Criminal Court issued a warrant for Russian President Vladimir Putin's arrest, Lula said he would review Brazil's membership in the court. Some in Washington had initially hoped Lula could be helpful in advancing a shared agenda in Venezuela, Winter said. As they stood embracing, Lula remained seated while applauding a few feet away and nearly out of the camera frame.

Persons: Luiz Inacio Lula da Silva's, Brazil —, —, Lula, Bolsonaro, ”, Oliver Stuenkel, Getulio Vargas, Ukraine’s, Vladimir Putin's, “, Brian Winter, Biden, Winter, ” Biden, Jake Sullivan, Narendra Modi, Saudi Crown Prince Mohammed bin Salman, Cuba “, ” Lula, Nicolás Maduro, LULA, Lula isn't, Modi, Thomas Traumann, Azali Assoumani, Assoumani's, Paulo Peres, Said Peres, Eleónore Hughes, Madhani, David Biller Organizations: UNITED NATIONS, —, General, Getulio, Getulio Vargas Foundation, Global, . National, Bolsonaro, Indian, Saudi Crown, Biden, Federal University of Rio, . Security, Associated Press Locations: Brazil, United States, China, Italy, India, Argentina, Angola, Sao Paulo, — BRAZIL, Washington, Western Europe, U.S, York, Americas, New York, Ukraine, New Delhi, Cuba, Havana, Venezuela, ”, Brazilian, Federal University of Rio Grande do Sul, Rio de Janeiro

☆ US oil output from top shale areas to fall for 3rd straight month in October, EIA says
▼ + stars: | 2023-09-18 | by ( ) www.reuters.com time to read: +2 min

U.S. oil output is expected to fall to 9.393 million barrels per day (bpd) in October from 9.433 million bpd in September, EIA data showed. A record 9.476 million bpd was hit in July. That's because U.S. exploration and production firms were still more focused on returning money to investors and paying down debt than just boosting oil and gas production. U.S. oil and gas production, however, is on track to reach record highs in 2023 and 2024 due in part to rising oil pries. Total gas output in the big shale basins will slip by 0.3 billion cubic feet per day (bcfd) to 98.4 bcfd in October from 98.7 bcfd in September, EIA projected.

Persons: Nick Oxford, Baker Hughes, Scott DiSavino, Shariq, Mark Porter, Leslie Adler, Paul Simao Organizations: REUTERS, U.S . Energy Information Administration, South Texas Eagle, EIA, Thomson Locations: Midland , Texas, U.S, . U.S, Texas, New Mexico, Bakken, North Dakota, Montana, Appalachia, Pennsylvania , Ohio, West Virginia

☆ SpaceX engineer risked drunk driving rather than ignore an Elon Musk order: book
▼ + stars: | 2023-09-17 | by ( Polly Thompson | Grace Dean | ) www.businessinsider.com time to read: +3 min

Musk's management style allows him to "move faster, take more risks, break rules, and question requirements", Isaacson writes in his biography published this week. AdvertisementAdvertisementOne engineer, Kiko Dontchev, described how having just returned home to his wife after working three days straight, he was told Musk wanted him back at the hangar. In several cases the brutal management style and intense expectations of the SpaceX CEO prompted employees to quit. But sometimes, tools get worn down and [Musk] feels he can just replace that tool," Hughes told Isaacson. It cares about whether you got the rocket right," he told Isaacson.

Persons: Elon, Walter Isaacson's, Musk, Walter Isaacson, Elon Musk, Isaacson, He's, Kiko Dontchev, PHILIP PACHECO Lucas Hughes, Hughes, It's, Tom Mueller Organizations: SpaceX, Service, Elon, Wall Street, Employees, Crew Locations: Wall, Silicon

Fewer than half of rural hospitals now have maternity units, prompting government officials and families to scramble for answers. The closures have worsened so-called “maternity care deserts" — counties with no hospitals or birth centers that offer obstetric care and no OB providers. Ultimately, doctors and researchers say, having fewer hospital maternity units makes having babies less safe. “It feels like you’re held in a way.”Some states and communities are taking steps to create more freestanding birth centers. It was a novel and “innovative” idea to request federal nurses to boost staffing at a rural maternity unit, Wyden’s office said.

Persons: Alisha Alderson, ”, Alderson, “, Eric Scott Palmer, It’s, —, Peiyin Hung, Saint Alphonsus, Odette Bolano, Dina Ellwanger, John Tucker, Tucker, we’ve, ’, Lacy Kee, she’ll, She’s, Kee, Henry, Pamela Evans, Evans, she’s, Katie O’Brien, Paris, Bennett —, O’Brien, Corina Fitch, Fitch, Betsy Baarspul, you’re, Ned Lamont, Alecia McGregor, ” McGregor, Tina Kotek, Sen, Ron Wyden, Shane Alderson, Alisha's, ” ___ Rush, Kuna , Idaho . Ungar, Robert Wood Johnson Organizations: OB, Henry County Medical Center, American Hospital Association, University of South, University of South Carolina’s Rural, Minority Health Research Center, Saint, Henry County Medical, Associated Press, Medicaid, Midwifery, Connecticut Gov, Harvard, of Public Health, National Academies of Sciences, Engineering, Medicine, AP, Oregon Gov, U.S . Public Health Service, Corps, Associated Press Health, Science Department, Howard Hughes Medical Institute’s Science, Educational Media Group, Robert Wood Johnson Foundation Locations: Oregon, Boise , Idaho, U.S, Tennessee, University of South Carolina’s, Baker City, Paris , Tennessee, Kentucky, Henry County, Summertown , Tennessee, Connecticut, Chan, “, Baker, Baker City , Oregon, Kuna , Idaho

Search resuls for: "HUGHES"

25 mentions found