DIRS.INFO The most relevant business & tech news

Baby boomers dominate America's housing market. But as they age out, millions of homes will be up for grabs, and Gen Z is poised to benefit.

Persons: Z

With bitcoin hitting new record highs, the crypto world is bracing for the next "halving," which occurs every four years. We break down how it works and what it means for investors. This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account?

Organizations: Business

☆ Tesla’s Berlin factory comes back online as power is restored after arson attack
▼ + stars: | 2024-03-12 | by ( Olesya Dmitracova | ) edition.cnn.com time to read: +3 min

London/Berlin CNN —Production at Tesla’s factory near Berlin is gradually resuming after the plant was reconnected to the power grid late on Monday following a week-long closure caused by an arson attack. Now production at the factory should be gradually ramped up, CNN affiliate RTL has reported. Prices in Germany for Model Y vehicles, the only cars manufactured at the factory, start at €44,990 ($49,196). That means a week of output is worth about €324 million ($354 million) in sales for Tesla. An aerial view of the Tesla car plant near Berlin on March 10, 2024.

Persons: E.DIS, ”, Tesla, Odd Andersen, ” Musk, Stephanie Halasz Organizations: Berlin CNN —, CNN, “, RTL, Elon Musk’s, Tesla, EVs, Getty, Volcano Group, Reuters Locations: Berlin, —, Europe, Germany, London

☆ Why Daylight-Saving Time Is Bad for Your Health
▼ + stars: | 2024-03-08 | by ( Sarah Andersen | Tamara Lindstrom | ) www.businessinsider.com time to read: 1 min

Moving clocks forward by an hour might seem harmless. But many are calling for an end to daylight-saving time because it could harm our health. This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account?

Organizations: Business

The 2024 presidential election is looking to be a Trump vs. Biden rematch. Our reporter debunks six common misconceptions surrounding the two candidates on topics like policy positions and personal backgrounds.

Persons: Biden Organizations: Trump

☆ Ikea is betting you'll come to its coworking space in a mall, then shop at one of its stores
▼ + stars: | 2024-02-26 | by ( Alex Bitter | ) www.businessinsider.com time to read: +3 min

Ingka Group, which runs most Ikea stores, is leading the charge. One mall that Ingka recently acquired in the English city of Brighton included an Apple store and a Zara store. It added an Ikea store in the mall where a now-closed department store used to stand. The Ikea stores in these malls are often smaller than one of the brand's typical warehouses, which tend to be located in their own buildings on the outskirts of cities. In the US, Ikea has also opened some showroom-style stores built around complete setups for bedrooms, kitchens, and other rooms.

Persons: —, Hej, Cindy Andersen, Ingka's Anderson, Ikea's Organizations: Wall Street, Service, Ikea, Ingka, Apple, Business Locations: Swedish, Malls, California, San Francisco, English, Brighton, Zara, London

☆ Andersen Capital CIO: 2024 will produce tremendous investment returns
▼ + stars: | 2024-02-14 | 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 EmailAndersen Capital CIO: 2024 will produce tremendous investment returnsPeter Andersen, chief investment officer at Andersen Capital Management, joins 'Power Lunch' to discuss riding the AI bandwagon and value in the market.

Persons: Peter Andersen Organizations: Andersen, Andersen Capital Management

☆ Migratory species are in a shocking state of decline, landmark UN report shows
▼ + stars: | 2024-02-12 | by ( Angela Dewan | Rachel Ramirez | ) edition.cnn.com time to read: +8 min

Migratory species include some of the most iconic animals on the planet, like elephants. Yasuyoshi Chiba/AFP/Getty ImagesBaby Leatherback sea turtles head to the sea at sunset on Indonesia's Lhoknga Beach in February 2023. Those activities also fragment migratory species’ pathways, sometimes making it impossible for them to complete their journeys. Around 58% of the monitored locations recognized as important for migratory species are facing what the CMS says are unsustainable levels of pressure from humans. “Migratory species have a special role in nature as they don’t recognize political boundaries,” said Anurag Agrawal, professor of environmental studies at Cornell University.

Persons: They’ve, Yasuyoshi Chiba, Chaideer Mahyuddin, Didier Brandelet, Kristin Laidre, Amy Fraenkel, Scott Gibbons, Zheng Yuanjian, Carl de Souza, Sergio Pitamitz, Wolfgang Kaehler, ” Inger Andersen, ”, Anurag Agrawal Organizations: CNN, UN, Convention, Animals, Getty, McCormick, United Nations Environment, Cornell University Locations: Asia, Alaska, Kimana, Kenya, AFP, Beach, Greenland, Elsehul, South Georgia, longline, Chicago, Lake Michigan, Xinhua, Mongolia, UN, Samarkand, Uzbekistan

☆ Snap slashes 10% of its workforce
▼ + stars: | 2024-02-05 | by ( Paul Squire | Camilo Fonseca | ) www.businessinsider.com time to read: +1 min

Snap announced another round of layoffs on Monday, the latest for Snapchat's parent company. The company said in a regulatory filing that it would cut 10% of its workforce. Two workers at the social media company previously told Business Insider's Kali Hays that several dozen Snap staffers were let go on Friday and more cuts were expected. Meanwhile, BI previously reported the company has struggled to deal with shifts in the digital ad market and fierce competition from TikTok and Meta. It's the latest company to make cuts in what's been a brutal start to 2024 for tech workers.

Persons: Derek Andersen, Kali Hays Organizations: Apple's Locations: what's

☆ Here's How Being Lonely Can Seriously Harm Your Health
▼ + stars: | 2024-02-05 | by ( Sarah Andersen | Tamara Lindstrom | ) www.businessinsider.com time to read: 1 min

Loneliness can create a chain reaction of serious health issues if not adequately addressed. Business Insider's Mia De Graaf breaks down what happens inside your body when you're lonely.

Persons: Mia De Graaf

HONG KONG (AP) — Lionel Messi stayed on the bench for the full 90 minutes on Sunday as Inter Miami defeated a Hong Kong XI 4-1 in the latest stop on the MLS team’s preseason Asian tour. Messi played the final seven minutes of the losing effort but a tight hamstring kept the eight-time Ballon D’or winner on the sidelines in Hong Kong along with Uruguayan forward and former Barcelona teammate Luis Suarez. The fans who filled the same arena a day earlier at least saw the 2022 World Cup winner in an open training session along with Miami co-owner David Beckham. Robert Taylor opened the scoring for Miami five minutes before the break with a curling shot from the corner of the area. Miami finishes its Asian tour in Japan on Wednesday as it takes on Vissel Kobe.

Persons: — Lionel Messi, Saudi Arabia’s, Messi, Ballon, Luis Suarez, David Beckham, Robert Taylor, Henri Anier, Jorn Andersen, Lawson Sunderland, Miami’s, Leonardo Campana, Ryan Sailor, ___ Organizations: Inter Miami, Hong, MLS, Hong Kong, Miami, Saudi, Uruguayan Locations: HONG KONG, Hong Kong, Nassr, Riyadh, Barcelona, Japan, Kobe

☆ The Billionaire's Social Calendar That Spans the Globe
▼ + stars: | 2024-01-30 | by ( Sarah Andersen | Tamara Lindstrom | ) www.businessinsider.com time to read: 1 min

From Davos to Burning Man, these 12 events highlight the social calendars of billionaires — and getting on the list is not cheap. This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account?

Persons: — Organizations: Burning, Business Locations: Davos

☆ On Donald Trump, E. Jean Carroll and the Limits of Libel Law - The New York Times
▼ + stars: | 2024-01-28 | by ( Ronnell Andersen Jones | ) www.nytimes.com time to read: +1 min

In the days since a New York jury ordered Donald Trump to pay $83.3 million in damages to the libel plaintiff E. Jean Carroll, the question has been whether the dollar amount was high enough to put a stop to his lies. That we must ask this question tells us something important about the moment in which we find ourselves. And it tells us something important about both the value and the limits of libel law. As Ms. Carroll’s lawyers argued, Mr. Trump has bragged of wealth far exceeding this amount. But this “will he or won’t he?” speculation is only the latest data point in a larger, more alarming trend of libel damages simply not seeming to carry the deterrent effect that defamation law presupposes they will have.

Persons: Donald Trump, Jean Carroll, Trump, Carroll Organizations: Mr Locations: York

☆ Will leaders stay focused on the green agenda? Watch CNBC’s Sustainable Future Forum from Davos 2024
▼ + stars: | 2024-01-25 | by ( Cnbc.Com Staff | ) www.cnbc.com time to read: +2 min

CNBC's "Sustainable Future Forum" returned as a special event live from the 54th Annual Meeting of the World Economic Forum in Davos, Switzerland. CNBC convened top policymakers and business leaders to evaluate the outcomes of COP28 and examine what needs to happen in 2024 to ensure pledges are upheld, and progress is made. This panel examines what needs to happen to stay on course. watch nowNavigating the Energy TransitionCOP28 climate summit reached a historic deal to transition away from fossil fuels but did the agreement go far enough? Guests on the panel included: Marco Alvera, CEO, TES Vaishali Sinha, co-founder, ReNew Alfred Stern, CEO, OMV Bold Baatar, CEO, Rio Tinto Copper Henrik Andersen, CEO, Vestas

Persons: Badr Jafar, Daniel F, Feldman, John Kerry, Biden Rachel Kyte, Sanda Ojiambo, Tania Bryer, Kofi Annan, Marco Alvera, TES Vaishali Sinha, Alfred Stern, OMV, Rio Tinto Copper Henrik Andersen, Vestas Organizations: Economic, CNBC, Crescent Petroleum, Business, Philanthropy, Conference of, UN, Partner, Staff, Initiative, Energy, TES Vaishali, Rio Tinto Copper Locations: Davos, Switzerland, Dubai, Covington, Rio

☆ Navigating the energy transition
▼ + stars: | 2024-01-25 | 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 EmailNavigating the energy transitionCNBC's Steve Sedgwick speaks to Marco Alvera, CEO at TES, Vaishali Sinha, co-founder at ReNew, Alfred Stern, CEO at OMV, Bold Baatar, CEO at Rio Tinto Copper, and Henrik Andersen, CEO at Vestas.

Persons: Steve Sedgwick, Marco Alvera, Vaishali Sinha, Alfred Stern, Henrik Andersen Organizations: TES, Vaishali, Rio Tinto Locations: Rio, Vestas

☆ The buy now, pay later holiday debt hangover has arrived, as consumers wonder how they'll pay bills
▼ + stars: | 2024-01-21 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +4 min

So she turned to a novel solution to get through the season: Buy now, pay later. It's tough to say how buy now, pay later fits into the country's overall debt picture. Klarna, PayPal and Affirm all declined to share buy now, pay later delinquency rates with CNBC. Affirm has said the short-term and high-velocity nature of its buy now, pay later service makes traditional credit metrics less relevant. Klarna said its global default rate for its overall business including buy now, pay later is less than 1%.

Persons: Kiki Andersen, Andersen, I've, I'm, It's, Ted Rossman, delinquencies, who've, Klarna Organizations: PayPal, CNBC, Adobe, Federal Reserve Locations: Los Angeles, U.S

Senior correspondent Katie Notopoulos breaks down why toy prices are at an all-time low, and how cheaper toys are making millennial parents so miserable. This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account?

Persons: Katie Notopoulos Organizations: Business

☆ Vestas CEO: 'Permitting is one of the critical questions' surrounding the energy transition
▼ + stars: | 2024-01-17 | 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 EmailVestas CEO: 'Permitting is one of the critical questions' surrounding the energy transitionHenrik Andersen, CEO of Vestas, discusses the wind energy sector and hurdles that the green energy industry is facing.

Persons: Henrik Andersen

☆ Take a look at the moment when Denmark's Queen Margrethe II signed her historic abdication, making her son King Frederik X
▼ + stars: | 2024-01-14 | by ( Eve Crosbie | ) www.businessinsider.com time to read: +5 min

Denmark's Queen Margrethe II officially abdicated on Sunday after 52 years on the throne. His new title is King Frederik X.Margrethe — who ruled for 52 years — announced she was stepping down on New Year's Eve. Queen Margrethe II and her son Frederik X at the signing of the instrument of abdication at the Christiansborg Palace. After signing the declaration of abdication Queen Margrethe II of Denmark (C-R) leaves the seat at the head of the table to her son King Frederik X of Denmark. Advertisement"My Mother, Her Majesty Queen Margrethe II has ruled Denmark for 52 years," he said.

Persons: Margrethe II, Crown Prince Frederik, King Frederik X, Margrethe —, —, Margrethe II of, Margrethe, Europe's, Queen Elizabeth II, Queen Margrethe II, Frederik X, Mads Claus Rasmussen, Ritzau Scanpix, Frederik, Prince Frederik, Federick, Mette Frederiksen, Queen Margrethe II of Denmark, King Frederik X of Denmark, King Frederik X's, Christian, Crown Prince Christian, Queen Margrethe, Martin Sylvest Andersen, Princess Mary, Queen Mary, Princess Isabella, Prince Vincent, Princess Josephine, Samir Hussein, King Frederik IX, Nikolai Linares, King Erik Organizations: Service, AFP, Sunday, Associated Press, Crown Prince, AP Locations: Margrethe II of Denmark, Christiansborg, Copenhagen, Danish, Christiansborg Palace, Denmark, Kingdom of Denmark

☆ Crown Prince Frederik to become King of Denmark as Queen Margrethe II abdicates
▼ + stars: | 2024-01-14 | by ( Lauren Said-Moorhouse | ) edition.cnn.com time to read: +10 min

CNN —For many in Denmark, Queen Margrethe II is the only monarch they’ve ever known. But on Sunday, a new era will get underway when she hands over to her son, Crown Prince Frederik. This means that she will be able to perform duties as head of state when both King Frederik or Crown Prince Christian are not able, such as if they were overseas. King Frederik X will rule alongside his Australian-born and hugely popular wife, Queen Mary – which will undoubtedly delight her proud admirers back home. “The story of Crown Prince Frederik and Crown Princess Mary of Denmark is one Australians have followed closely and hold dear to their hearts,” he said in a statement on Saturday.

Persons: Queen Margrethe II, they’ve, Crown Prince Frederik, King Charles III’s, of, Martin Sylvest Andersen, Frederik, Mary, Christian, Frederik VIII’s Palace, Margrethe, Kongens, Jørgen’s, King Frederik X, Queen Mary, King Frederik, Prince Christian, Frederik’s, Prince Joachim, Princess Benedikte, Mette Frederiksen, Frederik VIII, X, Christiansborg, Sixtus, Mads Claus Rasmussen, Ritzau Scanpix, Trine Villemann, Jens Otto Krag, Margrethe II, ”, Birgitte Borup, Berlingske, “, Danes, King Eric III, Borup, Queen Mary –, Mary Elizabeth Donaldson, Justin Tynan, King, Queen of, Anthony Albanese, Prince Frederik, Crown Princess Mary of, MADS CLAUS RASMUSSEN, Isabella, Vincent, Josephine, Mary’s, she’s Organizations: CNN, Guard, Squadron, State, Danish Royal House, Danish, Getty, “, Danes, British Locations: Denmark, Danish, Europe, Christiansborg, Copenhagen, of Denmark, Greenland, Faroe, Amalienborg, Frederiksgade, d’Angleterre, Holmens, Holmen, AFP, Sydney, Hobart , Tasmania, Darling Harbour, Queen of Denmark, Crown Princess Mary of Denmark, Tasmania, Australia

☆ Denmark Awaits New King, as Queen Margrethe to Bow Out
▼ + stars: | 2024-01-13 | by ( Jan. | At P.M. | ) www.usnews.com time to read: +3 min

People from all over Denmark are expected to crowd Copenhagen in a sign of the huge popularity the monarchy is enjoying. "It could be that she thinks Prince Frederik is prepared to take over now," said Lars Hovbakke Sorensen, a historian and associate professor at University College Absalon in Denmark. "He's 55, and maybe the queen wanted to avoid a situation where you would have a very, very old king, as you saw with Prince Charles." The British king was 73 when he ascended the throne after his mother Queen Elizabeth died in September 2022 aged 96. The new Danish royal couple will take the throne at a time of huge public support and enthusiasm for the monarchy.

Persons: Stine Jacobsen, Johannes Birkebaek COPENHAGEN, Margrethe II, Denmark's, Frederik, Danes, Margrethe, It's, Anna Karina Laursen, Hans Christian Andersen, Mary, Royce, Christian, Mette Frederiksen, Klaus Johansen, Prince Frederik, Lars Hovbakke Sorensen, Prince Charles ., Queen Elizabeth, Johannes Birkebaek, Jacob Gronholt, Pedersen, Frances Kerry Organizations: of State, Reuters, ROYAL POWER, University College Absalon, Danish Locations: Copenhagen, Danish, Denmark, Britain

If China and India were excluded from the count, world carbon dioxide emissions from the burning of fossil fuels and cement manufacturing would have dropped, Friedlingstein said. The world in 2023 increased its annual emissions by 398 million metric tons, but it was in three places: China, India and the skies. China’s fossil fuel emissions went up 458 million metric tons from last year, India’s went up 233 million metric tons and aviation emissions increased 145 million metric tons. Outside of India and China, the rest of the world’s fossil fuel emissions went down by 419 million metric tons, led by Europe’s 205 million metric ton drop and a decrease of 154 million metric tons in the United States. Last year the world's carbon emissions increased but dropped in China, which was still affected by a second wave of pandemic restrictions.

Persons: Pierre Friedlingstein, Jim Skea, ” Friedlingstein, Friedlingstein, India’s, Inger Andersen, ___ Read, Seth Borenstein Organizations: United Arab Emirates, Carbon Project, University of Exeter, United Nations Environment, AP Locations: DUBAI, United Arab, China, India, Paris, COP28, United States, U.S

The world is heading for considerably less warming than projected a decade ago, but that good news is overwhelmed by much more pain from current climate change than scientists anticipated, experts said. Even though emissions of heat-trapping gases are still rising every year, they’re rising more slowly than projected from 2000 to 2015. “It requires the tearing out the poisoned root of the climate crisis: fossil fuels,” said United Nations Secretary-General Antonio Guterres. Guterres, numerous climate scientists and environmental activists all say what’s needed is a phase-out — or at the very least a phase-down — of coal, oil and gas. “This is throwing the global energy transition and humanity’s future into question.”___Read more of AP’s climate coverage at http://www.apnews.com/climate-and-environment.

Persons: That’s, It’s, ”, Niklas Hohne, Bill Hare, Rob Jackson, Ani Dasgupta, ” Dasgupta, Hare, Anne Olhoff, “, ” Jackson, Melanie Robinson, that’s, Johan Rockstrom, Antonio Guterres, Sultan al, Jaber, Greta Thunberg, Adnan Amir, ’ ’, Majid Al Suwaidi, we’ve, Institute’s Hohne, Al Jaber, ” Hohne, Dasgupta, can’t, Inger Andersen, ” ___ Read, Seth Borenstein Organizations: United Nations, United Nations Environment, NewClimate, Stanford University, Project, Resources, UNEP, World Resources Institute, Potsdam Institute, Climate Research, Center for Biological Diversity, Biden Administration, Twitter, AP Locations: Dubai, Paris, Europe, Pakistan, Libya, Arab Emirates, ”, al, greenwashing, Russia, Ukraine

☆ North Korea Says Its New Spy Satellite Photographed White House, Pentagon
▼ + stars: | 2023-11-27 | by ( Nov. | At P.M. | ) www.usnews.com time to read: +3 min

On Tuesday North Korean state media said leader Kim Jong Un had reviewed spy satellite photos of the White House, Pentagon and U.S. aircraft carriers at the naval base of Norfolk. North Korea last week successfully launched its first reconnaissance satellite, which it has said was designed to monitor U.S. and South Korean military movements. Since then state media has reported the satellite photographed cities and military bases in South Korea, Guam, and Italy, in addition to the U.S. capital. Commercial imagery of those cities on Nov. 27, the day North Korea says it captured its photographs, was not immediately available. The United States and South Korea have condemned the satellite launch as a violation of U.N. Security Council resolutions banning any use of ballistic technology.

Persons: Josh Smith, Hyonhee Shin, Kim Jong Un, Chad O'Carroll, Dave Schmerler, James Martin, Schmerler, Jeffrey Lewis, Kim, KCNA, Hyonhee ShinEditing, Chris Reese, Sandra Maler, Gerry Doyle Organizations: Tuesday North, White House, Pentagon, U.S, NK News, Falcon, James, James Martin Center, Nonproliferation Studies, Andersen Air Force Base, U.S . Locations: Hyonhee Shin SEOUL, North Korea, Norfolk . North Korea, Korean, South Korea, Guam, Italy, Pyongyang, Seoul, U.S, U.S . Western, Norfolk, Newport, British, Korea, United States

☆ North Korea's Kim received photos taken by spy satellite of White House, Pentagon -KCNA
▼ + stars: | 2023-11-27 | by ( ) www.reuters.com time to read: +1 min

North Korea's leader Kim Jong-un meets with members of the Non-Standing Satellite Launch Preparation Committee, in this picture released by the Korean Central News Agency on November 24, 2023. KCNA via REUTERS Acquire Licensing RightsSEOUL, Nov 28 (Reuters) - North Korean leader Kim Jong Un received photos of the White House, Pentagon and U.S. aircraft carriers in the naval base of Norfolk, taken by its recently launched spy satellite, state media KCNA said on Tuesday. North Korea last week successfully launched its first reconnaissance satellite, which it has said was designed to monitor U.S. and South Korean military movements. The photos were the latest in a series of images of what KCNA described as "major target regions" sent by the satellite, including the South Korean capital of Seoul and U.S. military bases. Seoul officials have said the North's satellite capabilities could not be verified as it has not released the photos.

Persons: Kim Jong, KCNA, Kim, Hyonhee Shin, Chris Reese, Sandra Maler Organizations: Korean Central News Agency, KCNA, REUTERS Acquire, Rights, White House, Pentagon, U.S, ., Andersen Air Force Base, U.S ., Thomson Locations: Rights SEOUL, Norfolk, Korea, Korean, Seoul, U.S, U.S . Western, Guam, Newport, British, United States, South Korea

Search resuls for: "Andersen"

25 mentions found