DIRS.INFO The most relevant business & tech news

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow Samsung became the world's second biggest advanced chipmakerSamsung may be known for its phones, TVs and appliances, but it's also been the leader in memory chips for more than three decades. Now, as memory prices continue to fall, it's doubling down on manufacturing chips for outside customers, with a $17 billion new chip fab in Texas and new $228 billion cluster in South Korea. CNBC got a rare look inside Samsung's chip business to bring you the untold story of how it became the world's second biggest advanced chipmaker, with plans to catch TSMC.

Persons: it's Organizations: Samsung, CNBC Locations: Texas, South Korea

☆ MLB roundup: Marlins rally to beat Josh Hader, Padres
▼ + stars: | 2023-06-01 | by ( ) www.reuters.com time to read: +10 min

With the Marlins trailing 1-0 entering the ninth, Yuli Gurriel worked a walk against Hader (0-1), who has 13 saves this season. Starter Dane Dunning (4-1) gave up three runs and seven hits in five-plus innings with six strikeouts and one walk. Dodgers right-hander Noah Syndergaard gave up five runs on seven hits in five innings, including three home runs. Diamondbacks 6, Rockies 0Tommy Henry tossed seven innings of two-hit ball, Christian Walker homered and Arizona beat Colorado in Phoenix. Atlanta had seven hits in the series finale, with Orlando Arcia getting three and scoring twice.

Persons: Nick Fortes, Rich Storry, Jean Segura, Josh Hader, Yuli Gurriel, Gurriel, Joey Wendle's, Segura, Xander Bogaerts, Diego's Blake Snell, Gary Sanchez slugged, Braxton Garrett, hasn't, Cal Raleigh, Jose Caballero, Ron Marinaccio, Justin Topa, George Kirby, York's Clarke Schmidt, Ohtani, Mike Trout, Taylor Ward, Chad Wallach's, Jaime Barria, Andrew Vaughn, Yasmani Grandal, Clint Frazier's, Jake Burger, Hanser Alberto, Jake Marisnick, Riley Greene, Will Vest, Alex Lange, Nathaniel Lowe, Dane Dunning, Brandon Lowe, Jose Siri, Lowe, Mark Leiter Jr, Taylor Walls, Siri, Leiter, Justin Steele, Luis Garcia, Keibert Ruiz, CJ Abrams, Jeimer Candelario, Joey Meneses, Mookie Betts, Will Smith, Noah Syndergaard, Abraham Toro, Owen Miller, Julio Teheran, Matt Chapman, Manoah, Spencer Steer, Josh Winckowski, Kevin Newman, Newman, Matt McLain, Nick Senzel, Alex Verdugo, Masataka Yoshida, Yoshida, Enmanuel Valdez, Tommy Henry, Christian Walker, Pavin Smith, Corbin Carroll, Jake McCarthy, Nolan Jones, Brenton Doyle, Alan Trejo, Josh Naylor, Naylor, Andres Gimenez, Adley Rutschman, Anthony Santander, Arias, Xzavion Curry, Ronald Acuna Jr, Acuna, Orlando Arcia, Jared Shuster, James Kaprielian, Andrew McCutchen, Connor Joe, Bryan Reynolds, Ji Hwan Bae, Mitch Keller, Patrick Bailey, Wilmer Flores, Alex Wood, McCutchen, Rodolfo Castro, Ke'Bryan Hayes, Carlos Carrasco, Mark Canha, Edmundo Sosa's, Brandon Marsh, Bryson Stott, Kody Clemens, Bryce Harper, Aaron Nola, Louie Varland, Donovan Solano, Ryan Jeffers, Willi Castro, Hunter Brown, Jake Meyers, Yainer Diaz, Jorge Lopez Organizations: Miami Marlins, gatorade, San Diego Padres, loanDepot, Marlins, Diego, Mariners, Yankees, Cal, Seattle, White Sox, Chicago, Tigers, Rangers, Chicago White Sox, Detroit, Texas, Cubs, Tampa Bay, Rays, Dodgers, Washington, Nationals, Brewers, Blue Jays, Milwaukee, Toronto, Reds, Red Sox, Boston, Diamondbacks, Rockies, Arizona, Colorado, Orioles, Baltimore, Braves, Athletics, Atlanta, Oakland, Orlando, Pirates, Giants, The Pirates, San, Mets, Phillies, York, Philadelphia, Astros, Minnesota, Houston, Twins, Thomson Locations: Miami , Florida, USA, New York, Rye, N.Y, Los Angeles, Tampa, Cincinnati, Phoenix, Arizona, Cleveland, Pittsburgh, San Francisco

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhy inflation is so stickyEverything is more expensive. Overall consumer prices are about 13% higher than they were in April 2021 and Americans are feeling the pain. Inflation, or the rate prices are increasing in the general economy, has been a persistent problem the past two years. The Federal Reserve had hoped inflation would normalize as the pandemic's volatility subsided, but prices have stubbornly stayed well above its 2% goal. Watch the video above to learn why inflation sticks around and what we can do about it.

Organizations: Federal Reserve

☆ MLB roundup: Brewers endure blowout loss, scary injury
▼ + stars: | 2023-05-27 | by ( ) www.reuters.com time to read: +10 min

Brewers starter Freddy Peralta (5-4) gave up 10 runs (five earned) on eight hits in 2 1/3 innings. Mets 5, Rockies 2Francisco Lindor homered and drove in four runs, Max Scherzer tossed a season-best seven innings and New York beat Colorado in Denver. The Cardinals' Matthew Liberatore (1-1) allowed four runs on five hits in five innings with two walks and two strikeouts. Joe Musgrove (2-2) allowed one run on six hits in 6 1/3 innings and avoided a third straight loss. Twins starter Louie Varland (2-1) gave up three runs and seven hits in six innings.

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhy Mastercard's stock has outperformed Visa's over the past 5 yearsMastercard is one of the world's most recognizable brands. It's the second largest card network in the U.S., accounting for more than a quarter of all purchase volume using a payment card. As the world transitions to a more cashless society, Mastercard's value has continued to soar. Shares have seen nearly a 100% gain over the past five years, even outperforming No. So exactly how is Mastercard setting itself apart from its competitors?

Organizations: Mastercard Locations: U.S

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHere's how banks finance credit card rewardsRewards credit cards are everywhere and Americans love them. About 90% of all credit card spending is on rewards cards. In 2019, consumers received about $35 billion in rewards. But how are banks paying for all these perks? Some economists claim there's an annual redistribution of more than $15 billion from less to more educated, poorer to richer and high- to low-minority areas, widening existing disparities.

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAmazon drones make 100th delivery, lagging far behind Alphabet's Wing and Walmart partner ZiplineAmazon says its Prime Air drones recently completed 100 deliveries in two small U.S. markets. Meanwhile, competitors like Alphabet's Wing and Walmart partner Zipline have made hundreds of thousands of deliveries, although most of those have been overseas in Australia and Africa. The U.S. is a tough regulatory environment, with strict rules about flying over roads and people and beyond line of sight. Yet some companies have been granted broader certifications. Here's how Amazon fell behind.

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow sodium-ion technology will compete with lithium-ion batteriesSodium-ion batteries have a similar design to their lithium-ion counterparts and can be manufactured using related methods. Sodium-ion batteries can't provide the type of range for electric vehicles offered by lithium-ion batteries, but they do present some unique advantages. For instance, the materials used in sodium-ion batteries tend to be cheaper than those in lithium batteries. CNBC spoke to two such companies, Natron Energy and Faradion, that are looking to commercialize the technology.

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe promise and pitfalls of e-scooter ride-shareThe global market size for e-scooters is projected to exceed $30 billion by 2028. E-scooters are increasingly popular as a convenient "last mile" mode of transportation in major metro areas. However, e-scooter ride-share companies like Bird, Lime, and Spin are struggling with profitability and facing regulatory challenges in some cities.

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhy OSHA is investigating Amazon for 'failing to keep workers safe'For years, Amazon warehouse workers have been speaking up about unsafe conditions and how they risk injury to churn out millions of packages every day. Now their claims are being backed up by federal investigators who cited Amazon for "failing to keep workers safe" and new 2022 injury data that shows Amazon workers get injured at a rate of 6.9 for every 100 workers. CNBC spoke with workers who've been hurt and asked the government, and Amazon, what's being done to make these warehouses safer.

☆ MLB roundup: Ryan Mountcastle's 9 RBIs propel Orioles to win
▼ + stars: | 2023-04-12 | by ( ) www.reuters.com time to read: +11 min

Austin Hays also homered and went 4-for-5 as the Orioles won for the second night in a row. Kyle Schwarber hit a solo home run and Bryson Stott added two hits and two RBIs for Philadelphia. Guardians starter Hunter Gaddis (0-1) allowed eight runs on eight hits with three strikeouts and two walks in three-plus innings. Blue Jays 9, Tigers 3Alejandro Kirk hit a three-run home run and had four RBIs as Toronto won its home opener, beating Detroit. Detroit right-hander Matt Manning (1-1) allowed four runs on six hits with one walk and three strikeouts in six innings.

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow old airline seats get refurbishedAirplane seats get used a lot. And replacing them can be expensive. Many airlines chose to refurbish or refresh the seats by stripping down the ones they already have in service or those they've acquired from another airline or leasing company. CNBC visited Latitude Aero, a refurbishment company in Greensboro, North Carolina, to see what goes into giving airplane seats a second life.

☆ Spring training roundup: Astros pound Cardinals 24-1
▼ + stars: | 2023-03-27 | by ( ) www.reuters.com time to read: +8 min

Astros starter Jose Urquidy scattered four hits over four innings, allowing the lone run on a multiple-error play in the second that scored Oscar Mercado. Cardinals starter Jack Flaherty yielded six earned runs on four hits and three walks over 3 2/3 innings. Wil Myers hit an RBI double and Michael Siani added an RBI single for the Reds. Elehuris Montero hit his fifth homer of the spring, a two-run shot, and Brenton Doyle went 2-for-3 with an RBI triple for the Rockies. Padres starter Michael Wacha went five innings and yielded eight hits, two walks and four runs.

☆ Spring training roundup: A's yield inside-the-park HR, rally past Angels
▼ + stars: | 2023-03-22 | by ( ) www.reuters.com time to read: +5 min

Taylor Ward scored an inside-the-park home run for the Angels in the first inning. Ward's liner to center got past a diving Esteury Ruiz, and the A's were slow to chase it down. Jake Cave hit his third homer of spring training for Philadelphia, while Pirates veteran Andrew McCutchen hit his first of the spring, a two-run shot. Washington got a two-run homer from Victor Robles and outhit St. Louis 15-6. The Giants had 16 hits, hanging six hits and six runs on Dodgers starter Noah Syndergaard (1-2) over 4 1/3 innings.

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow Silicon Valley Bank collapsedSilicon Valley Bank is no more. The question now, though, is whether the collapse of this tech-friendly regional bank is the start of something more serious — or just what happens when higher interest rates give companies less room for error.

☆ Oil companies made $200 billion in profits in 2022.
▼ + stars: | 2023-03-03 | by ( Robert Ferris | Alex Wood | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOil companies made $200 billion in profits in 2022. Here's howOil companies such as ExxonMobil, Shell, Chevron, TotalEnergies and BP pulled in record profits in 2022, as the price of crude oil skyrocketed. But those record profits spurred backlash from politicians and others alike. President Joe Biden called it "a windfall of Russia's invasion of Ukraine" and criticized the industry for not investing enough in domestic production. Company executives on the other hand say that Biden's message conflicts with his call to push for greener alternatives.

☆ U.S. regulators rejected Elon Musk’s bid to test brain chips in humans
▼ + stars: | 2023-03-02 | by ( ) www.reuters.com time to read: +23 min

Musk’s missed deadlines for FDA approval of Neuralink July 2019:Musk says Neuralink is aiming to receive regulatory approval for human trials of brain implants by the end of 2020. “Everybody in the industry was saying: ‘Oh my God, they’re going to run straight into a brick wall,’” Ludwig said of Musk’s bid for FDA approval. For example, NeuroPace, which makes the brain implant to treat epilepsy, received final FDA approval in 2013 – 16 years after the company’s launch. The FDA’s concerns about the battery are also potentially serious, experts in brain devices said. Still, that proposal disappointed Neuralink because it could delay progress toward final FDA approval, one of the sources said.

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhy the big banks created ZelleCompetition among peer-to-peer payment apps like Venmo, PayPal, Cash App and Zelle have been heating up for the past 10 years. The big banks tried to compete in the space when PayPal first came on the scene 25 years ago, but their business models failed. Now, Zelle, a seven-bank platform, is outpacing its rivals in average transaction value. But a rise in reported fraud activity recently got the attention of Congress, with allegations that the banks aren't supporting those affected customers.

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhy wealthy Americans love American ExpressArmed with impressive rewards and a loyal customer base, AmEx has achieved impressive growth. The company's revenue has increased over 32% since 2017 and its shares have shown resilience and growth in a tumultuous market. So what is the secret to AmEx's success and where is it headed next?

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Live Nation and Ticketmaster monopolyArtists, activists, and music lovers are once again calling for the break up of Live Nation and Ticketmaster. The two companies merged in 2010 forming Live Nation Entertainment but critics of the company claim it has a monopoly on the live entertainment industry. While a monopoly is not illegal, abusing a monopoly position is. Here's how the industry got here and what the future could hold.

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow the secret $40 billion food fraud market worksThe food in your kitchen cabinets may not be what it seems. Fraudsters motivated by economic gain secretly infiltrate the global food market through a variety of means, including counterfeits, dilutions, substitution and mislabeling, according to the Global Food Safety Initiative. This not only adds to your food bill, but can put your health and safety at risk. Some estimates say food fraud affects at least 1% of the global trade at a cost as high as $40 billion a year.

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow the Fed affects the stock marketWhen members of the Federal Reserve make public statements, investors tend to listen. Over the past two decades, central bankers have consistently shared key information about the future trajectory of important inputs like interest rates. The Fed's forward guidance on interest rates amid historic inflation has taken stock markets for a ride in 2022. As investors wait for a pivot, a panel of experts explains why many in the market choose not to fight the Fed. 13:38 2 hours ago

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Air Force's new stealth bomberThe Northrop Grumman B-21 Raider is the Air Force's new stealth bomber. Slated to begin flight tests in 2023, the secretive aircraft was revealed to the public in December 2022. Capable of nuclear and conventional missions, the Air Force plans to use the B-21 to replace an aging bomber force over the coming decades.

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow corn fuels the U.S. economyThere's a reason people refer to corn as yellow gold. In 2021, the United States' corn crop was worth over $86 billion. According to the USDA, The U.S. is largest consumer, producer and exporter of corn in the world. At $2.2 billion in 2019, corn is the most heavily subsidized of all crops. Here's how the U.S. started fueling its economy with corn.

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Rise of AtlantaThe metro Atlanta region emerged as a national economic bright spot in recent decades. This sparked a population boom in Atlanta's sprawling suburbs, fueling concerns over equity. The current vanguard of groups in the city are attempting to build with density while preserving affordable housing. Local planners believe that the BeltLine, a 22-mile loop that provides a pedestrian path and community space, will reconnect neighborhoods, providing a bridge to the city's future. 12:26 17 minutes ago

Search resuls for: "Alex Wood"

25 mentions found