DIRS.INFO The most relevant business & tech news

☆ Going once, going twice: How Trump's cash and properties would be garnished and auctioned to pay his NY fraud debt
▼ + stars: | 2024-03-23 | by ( Laura Italiano | ) www.businessinsider.com time to read: +10 min

AG Letitia James plans to go after Trump's cash and property if he doesn't pay his civil fraud debt. Is the ball in Letitia James' court? "The burden is on Letitia James to find Trump's assets" and decide what she wants garnished or auctioned, he said. D'Orazio predicts James would first target the cash that Trump and the Trump Organization keep in New York-registered bank accounts. He would then remit $95 million to the Attorney General's Office, and that would go toward paying Trump's judgment.

Persons: Letitia James, —, padlocks, Donald Trump's, Trump, James, Bernard D'Orazio, D'Orazio, — James, Mark, we're, doesn't, It's, she'll, Arthur Engoron, Jeff Greenberg, — Trump Organizations: Service, Trump, Trump Plaza, New, Social, Trump —, GOP, AP, Trump Organization, Radio City Music Hall, Forbes, New York, Fire Locations: New York, New York City, Manhattan, New, Westchester County, Trump, Americas

☆ What's up with Trump and Chubb? Insurance giant balks at underwriting fraud-case bond days after blowback from E. Jean Carroll bond
▼ + stars: | 2024-03-18 | by ( Laura Italiano | ) www.businessinsider.com time to read: +5 min

Ten days ago, Chubb underwrote Trump's $92 million bond for his E. Jean Carroll defamation appeal. But Chubb declined to handle the far higher appeal bond Trump now needs in his NY civil fraud case. The insurance giant had faced blowback after agreeing to the Carroll bond. Chubb's "no, thanks" comes just five days after the company's CEO, Evan Greenberg, sent a letter to brokers, clients, and investors addressing widespread criticism over the Carroll bond. The Carroll bond was underwritten by Chubb subsidiary Federal Insurance Company.

Persons: Chubb, Trump's, Jean Carroll, Trump, Carroll, —, Donald Trump's E, Evan Greenberg, Greenberg, Nick Newton, Newton, Neil Pederson, Pedersen, it's, Letitia James, James, Alan Garten Organizations: Service, GOP, Trump, Insurance, Business, Chubb, Insurance Company, National Association, Bond, Sons, New York, Trump Organization Locations: New York, York, AssuredPartners, Manhattan

The CEO of the Chubb insurance company on Wednesday defended providing former President Donald Trump with a $91.6 million appeal bond in the civil case where he was found liable for defaming writer E. Jean Carroll after she accused him of rape. "When Chubb issues an appeal bond, it isn't making judgments about the claims, even when the claims involve alleged reprehensible conduct," Greenberg wrote in the letter, which was obtained by CNBC. "It would be wrong for us to do so and we are in no way supporting the defendant. We are supporting and are part of the justice system plumbing included in this case." Chubb has been under fire since last week when Trump revealed he had obtained the appeal bond from the company.

Persons: Chubb, Donald Trump, E, Jean Carroll, Evan Greenberg, Trump, Greenberg Organizations: CNBC

☆ Gabriel García Márquez’s Last Book Is an Unsatisfying Goodbye
▼ + stars: | 2024-03-10 | by ( Michael Greenberg | ) www.nytimes.com time to read: +2 min

UNTIL AUGUST, by Gabriel García Márquez. Billed as a “rediscovered” novel, “Until August” is likely to be the last published book of fiction by the Colombian master and Nobel laureate Gabriel García Márquez. Reading it may provoke unhealthy levels of frustration in those familiar with García Márquez’s most indelible creations. Readers’ inevitable disappointment with “Until August” may be directed partly at García Márquez’s two sons and literary executors, who permitted its publication even though their father had made his wishes clear. And to his sons he said: “Memory is at once my source material and my tool.

Persons: Gabriel García Márquez, Anne McLean, “, ”, Solitude Locations: Colombian, Italy, “

☆ Out of options, Trump will pay $500M cash bond to appeal his NY fraud case, experts predict. Not paying will hurt even more.
▼ + stars: | 2024-03-09 | by ( Laura Italiano | Jacob Shamsian | ) www.businessinsider.com time to read: +10 min

Trump must stow $500M cash in a bank to cover the appeal bond for his NY fraud case, experts say. His next appeal bond will cost him far more. By posting another appeal bond. Similar to the more familiar jail bond, an appeal bond is a promise of payment that's backed by collateral, meaning cash or property. The premium on a half-billion-dollar appeal bond could run anywhere from $250,000 to north of one million dollars, just to purchase the bond, experts guestimated.

Persons: Trump, —, Donald Trump, Jean Carroll, Letitia James —, Sheriff, Eric Snyder, Snyder, Arthur Engoron, Wilk Auslander, He's, Julie Alleyne, Carroll, Chubb, Evan G, Greenberg, Neil Pedersen, Pedersen, Alleyne, Cash, Jeff Bezos, Elon Musk, Christopher Kise, — Chubb, Letitia James, James, Roy Rochlin, Justin Sullivan Organizations: stow, Service, Trump, New York, New, NRA, Fox, Wilk, Fidelity Association of America, Federal Insurance Company, Chubb Group, Sons, Forbes, Bloomberg, ABC, Midtown, Financial, Getty Locations: NY, Manhattan, New York, New York City, Americas, Midtown Manhattan, New Yorkers

☆ How Kyrsten Sinema — who once said she could 'do anything' if she lost reelection — can get rich now that she's retiring from the Senate
▼ + stars: | 2024-03-05 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +6 min

Kyrsten Sinema once said she could "do anything" after leaving the Senate, according to one book. Now that she's retiring, Sinema has all kinds of get-rich-quick options available to her. According that book, Sinema told the Utah Republican that she didn't care about winning reelection, a prospect that had long been imperiled by breaking with her party on government spending and the Senate's "filibuster" rule. Former Sen. Ben Sasse is set to make millions from his new role as a college president. Tasos Katopodis-Pool/Getty ImagesSinema could also seek to become a college president, as she purportedly once told Romney — and she could get rich doing it.

Persons: Kyrsten Sinema, Sinema, —, McKay, Sen, Mitt Romney, Kyrsten, Arizona hasn't, Romney, Sinema's, Leah Greenberg, she's, — she's, Ed Perlmutter —, it's, Tom Suozzi, Mike Rogers of, Suozzi, George Santos, Rogers —, Former Sen, Ben Sasse, Tasos, Romney —, Donald Trump, Hillary Clinton, Nikki Haley, he's Organizations: Service, Senate, Utah Republican, Arizona State University, Capitol, Democratic, Colorado —, Mike Rogers of Michigan, House Intelligence, Former, GOP, University of Florida Locations: Plenty, Arizona, Colorado, New York, Michigan, Nebraska

☆ I celebrated 3 months of sobriety with an all-inclusive vacation. I fell off the wagon when I got home, but I'm trying again.
▼ + stars: | 2024-02-29 | by ( Jennifer Greenberg | ) www.businessinsider.com time to read: +6 min

Three months into my sobriety, I took an all-inclusive vacation. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . But, unlike the previous times I had gone on the wagon, this time, I would be doing it for myself. As I had my challenges with binge drinking in my 20s, I had avoided all-inclusive resorts since a vacation in my teens, when my brother and I were accidentally given adult bracelets and our parents turned the other cheek.

Persons: —, Grandma Bevy, I'd, pina coladas poolside, sipping, curt, hesitantly, I'm, Beverly Mendel Organizations: Service, sipping White Locations: New York, Montreal, Cana

☆ Social network Reddit's IPO is an 'AI play,' says Herb Greenberg
▼ + stars: | 2024-02-23 | by ( Taylor Craig | In | ) www.cnbc.com time to read: 1 min

Reddit disclosed 2023 revenue growth of 20% and said its core business relies on online advertising sales when it filed to go public on Thursday. "This is an AI play," Herb Greenberg, Editor of "Herb Greenberg | On the Street" on Substack, explained on CNBC's Last Call Thursday. "If you go through the prospectus, the first thing you see is the talk that they're using this to train large language models -- and that's true," Greenberg said. Reddit cut a $60 million deal with Google on Thursday for the tech giant to train its AI models on the social network's data. "They talk about the revenue they're going to get from that from licensing that data," Greenberg said.

Persons: Reddit, Herb Greenberg, Greenberg Organizations: Google

☆ Here are some strategies to maximize your financial aid for college
▼ + stars: | 2024-02-22 | by ( Jessica Dickler | ) www.cnbc.com time to read: +3 min

Apply for financial aidIn ordinary years, high school graduates miss out on billions in federal grants because they don't apply for financial aid. Because this year's award letters are likely to look a lot different, that also opens the door for families to ask for more college aid. In that case, you may be able to appeal to the college financial aid office, according to Menaka Hampole, assistant professor of finance at the Yale School of Management. Alternatively, if the financial aid packages from other, comparable schools were better, that is also worth bringing to the school's attention in an appeal. "It's very important for students and families to know that financial aid offices tend to be very approachable," Greenberg said.

Persons: haven't, Rick Castellano, Sallie Mae, Greenberg, Menaka Hampole Organizations: U.S . Department of Education, National College, College, Network, Yale School of Management

☆ I work at Coach. Here are my 5 best tips for buying designer bags.
▼ + stars: | 2024-02-13 | by ( Addison Esparza | ) www.businessinsider.com time to read: +4 min

I've helped people buy the perfect designer bags at Coach for two years. AdvertisementI've worked as a Coach sales associate for two years, so I've learned a lot about buying and selling designer bags. Research brands and materials before buying a bagMany designer bag brands use the same materials. Realistically consider your needsWalking into a designer bag store and trying to choose color, material, size, and style is overwhelming. Next, consider your lifestyle and what your designer bag will be used for.

Persons: I've, —, Jeffrey Greenberg, We're Organizations: Service, Getty, Labor

☆ I'm a sales associate at Coach. Here are 5 tips for securing the best designer bag that people often forget.
▼ + stars: | 2024-02-13 | by ( Addison Esparza | ) www.businessinsider.com time to read: +4 min

AdvertisementI've worked as a Coach sales associate for two years, so I've learned a lot about buying and selling designer bags. Research brands and materials before buying a bagMany designer bag brands use the same materials. Realistically consider your needsWalking into a designer bag store and trying to choose color, material, size, and style is overwhelming. Would you prefer a crossbody, bag with top handle, shoulder bag, backpack, or belt bag? Next, consider your lifestyle and what your designer bag will be used for.

Persons: I've, —, Jeffrey Greenberg, We're Organizations: Service, Getty, Labor

The vast majority — nearly $40 million — went to law firms working on his personal legal problems. But significant portions of their donations went to law firms defending Trump in civil cases involving his real-estate empire and its top executives, including Donald Trump Jr., Eric Trump, and Ivanka Trump. Only about $861,000 was spent on law firms working exclusively on political issues. Where there were gaps, we contacted law firms and individual lawyers who received money from the PACs. In 2021 and 2022 combined, Trump spent $16 million on legal fees through the Save America PAC.

Persons: Donald Trump, Trump, —, MAGA, Trump's, Donald Trump Jr, Eric Trump, Ivanka Trump, Stormy Daniels, Jean Carroll, Robert, Clifford S, Michael Cohen, — Troutman Pepper Hamilton Sanders, Kellogg, Hansen, Todd, Figel, Frederick —, Madaio, Alina Habba, Michael Madaio, Hillary Clinton, James Comey, Mary Trump, general's, Carroll, Trump —, Joe Tacopina, Chad Seigel, Christopher Kise, Jesus M, Suarez, Eli Bartov, Bryan Woolston, Silverman Thompson Slutkin, White, Evan Corcoran, Todd Blanche, Cadwalader, Taft, Blanche, Attorney Alvin Bragg's, Daniels, Susan Necheles, John Lauro, who's, Steven H, Drew Findling, Jennifer Little, Jesse R, it's, Jim, John Rowley, Eduardo Munoz Alvarez, Allen Weisselberg, Weisselberg, perjured, ArentFox Schiff, Jeff McConney, Stanley Woodward, Stanley Brand, Carlos de Oliveira, John S, Irving of, Boris Epshteyn, Kenneth Chesebro, Troutman Pepper, Ivanka, Newsmax, Harmeet, Dhillon, Bradley T, Morvillo Abramowitz, David Pecker, Elkan Abramowitz, Greenberg Traurig, Ballard Spahr, Mintz, Levin, Cohn, Ferris, Corey Lewandowski, Robert Mueller's, Jones, Andrew Kelly, It's, Forbes, defaming Carroll, he's Organizations: Service, Trump, Save America PAC, Make, Trump Organization, Politico, Reuters, New, Associates, Democratic National Committee, The New York Times, Times, Continental LLP, Inc, AP, Attorney, Capitol, Law, Taft, Brand Woodward Law, Irving of Earth & Water Law, Ivanka Trump, Republican National Committee, Save, MAGA, Curve Solutions, National Enquirer, Republican, MAGA PAC, Bloomberg Locations: New York, Georgia, Carroll, Manhattan, Florida, York, Washington, DC, Wickersham, Attorney Alvin Bragg's Manhattan, Fulton County , Georgia, codefendants, MAGAworld, Robert Mueller's Russia

A lawyer for the chief witness against Representative Matt Gaetz, Republican of Florida, said on Friday that the witness was cooperating with a House Ethics Committee investigation into whether Mr. Gaetz had sex with an underage girl while he was serving in Congress. Fritz Scheller, a lawyer for Mr. Gaetz’s former friend and political ally Joel Greenberg, said he provided documents to the committee that he said backed up his client’s claims that he witnessed Mr. Gaetz having sex with a 17-year-old girl. Greenberg has and will cooperate with any congressional request,” Mr. Scheller said in an email on Friday. Mr. Greenberg, who pleaded guilty in May 2021 to charges including sex trafficking, is serving an 11-year prison sentence. He had previously cooperated with a Justice Department investigation into whether Mr. Gaetz had engaged in sex trafficking of a minor, a federal offense that carries a minimum of 10 years in prison.

Persons: Matt Gaetz, Gaetz, Fritz Scheller, Gaetz’s, Joel Greenberg, “ Mr, Greenberg, ” Mr, Scheller, Mr Organizations: Republican, Justice Department Locations: Florida

☆ Analysis: At this general election in Pakistan, old dynasties vie for power and populist Imran Khan languishes in prison
▼ + stars: | 2024-02-07 | by ( Sophia Saifi | Rhea Mogul | ) edition.cnn.com time to read: +13 min

That sets the stage for a difficult road to recovery for whoever wins in a nation where no democratically elected prime minister has ever completed a full term in office. Pakistan's former Prime Minister Imran Khan attends a lawyers' convention in Lahore on September 21, 2022. Veteran Sharif will face a strong challenge, however, from first-time candidate for Prime Minister, Bilawal Bhutto Zardari, 35, son of slain former leader Benazir Bhutto. Manahil Ahmed, 23, called Pakistan’s political environment “particularly hostile” right now. For Pakistan’s military and police forces, the last year was the bloodiest in a decade.

Persons: Imran Khan, –, Arif Ali, Nawaz Sharif, Sharif, Bilawal Bhutto Zardari, Benazir Bhutto, Khan –, Khan, Fareed Khan, ”, Rabiya Arooj, Khan’s, Bushra Bibi, Imran Khan's, Asad Zaidi, Pakistan’s, Farzana Shaikh, “, ’, Murtaza Solang, Maryam Nawaz Sharif, Mohsin Raza, he’s, Raja Ikram, Ameer Hamza, Manahil Ahmed, Shaikh, Hussain Nadim, Maurice R, Greenberg, ‘, Aamir Qureshi, Shoaib Tanveer, Baou Nadeem, ” Shaikh, Farooq Naeem, “ Sharif, He’s, Tim Willasey Organizations: Pakistan CNN —, Getty, PTI, World Bank, Pakistan, Bloomberg, The Royal Institute of International Affairs, CNN, for Research, Security Studies, Pakistan’s People’s Party, Pakistan Muslim League, Baloch Liberation Army, Yale University, Pakistan Army –, Workers, King’s College London Locations: Islamabad, Pakistan, Pakistan CNN — Pakistan, Lahore, AFP, Karachi, “, Rawalpindi, Asia, Hafizabad, Khan’s, Khyber Pakhtunkhwa, India, Afghanistan, Iran, State Khorasan, restive Balochistan, Balochistan, Punjab, Sharif, States, China, British

☆ Retail return fraud is rising as key holiday deadline approaches
▼ + stars: | 2024-01-29 | by ( Courtney Reagan | ) www.cnbc.com time to read: +5 min

As more consumers shop online and send back more of those orders, retailers have moved to crack down on fraud. Retailers expect 16.5%, or $24.5 billion worth, of holiday returns to be fraudulent this year, according to a survey by Appriss Retail and the National Retail Federation. Shipping back an empty box or a different item than was received, such as a box of bricks instead of a television, is the most common form of return fraud, according to Pitney Bowes' Ramachandran. Zoom In Icon Arrows pointing outwards Source: Appriss Retail/National Retail FederationReturn abuse is more commonThere's also less egregious behavior, often considered return abuse rather than fraud. More than half, or 56%, of consumers confess to "wardrobing," according to a survey from fraud prevention firm Forter.

Persons: it's, Vijay Ramachandran, Pitney, we've, Michael Osborne, Marc Metrick, That's, Pitney Bowes, Ramachandran, fraudsters, Osborne, Doriel Abrahams, Abrahams, Jeff Greenberg Organizations: Pitney Bowes, Retailers, Appriss Retail, National Retail Federation, Appriss, Saks, Shipping, CNBC, National, Federation, Ikea, Universal, Getty Locations: Doral , Miami

☆ College enrollment picks up for the first time in over a decade — but student loan debt is still a major sticking point
▼ + stars: | 2024-01-24 | by ( Jessica Dickler | ) www.cnbc.com time to read: +2 min

For the first time in over a decade, more students are choosing to go to college. Undergraduate enrollment rose 1.2% in the fall of 2023 compared with one year earlier — a gain of roughly 176,000 students, according to the National Student Clearinghouse's latest research. "The number of students in college has finally turned the corner after years of decline," said Doug Shapiro, executive director of the National Student Clearinghouse Research Center. "Students have been increasingly opting for shorter term degrees and more vocational programs and vocational certificates," he added — at the expense of a four-year degree. "We have more families asking about pre-professional programs," Greenberg said.

Persons: Doug Shapiro, Z, Biden, Shapiro, Eric Greenberg, Greenberg Organizations: National, Student Clearinghouse Research, Finance, Greenberg Educational Group Locations: New York

☆ Exclusive: House ethics probe of Gaetz seeks information from DOJ and woman who allegedly had sex with congressman as a minor
▼ + stars: | 2024-01-24 | by ( Paula Reid | Annie Grayer | ) edition.cnn.com time to read: +4 min

The House Ethics Committee investigating Rep. Matt Gaetz has reached out to the woman whom the congressman allegedly had sexual relations with when she was a 17-year-old minor, according to a source familiar with the committee’s work. The federal probe, which also included allegations he had sex with a minor, concluded in 2023 with no charges brought against the congressman. The increased activity under Republican leadership is notable given the committee probe was started by House Democrats in 2021. But McCarthy has repeatedly denounced those accusations and has said Gaetz worked to oust the former speaker because of the ethics probe. The probe expanded over the years before the Justice Department officially decided last year not to charge the congressman.

Persons: Matt Gaetz, Gaetz, ” Gaetz, Kevin McCarthy, McCarthy, ” McCarthy, “, Norman Eisen, Donald Trump’s, ” Eisen, Eisen, ”, Bill Barr, Joel Greenberg, Department’s, won’t Organizations: GOP, Florida Republican, Justice Department, CNN, Justice, Republican, House Democrats, Department of Justice, Democrats, DOJ, Trump, Gaetz Locations: Florida, California

Morgan, who has spent the past three seasons as the Panthers' assistant GM, will oversee the personnel operation, the team announced. The team had requested interviews with eight candidates: Giants assistant GM Brandon Brown, Buccaneers assistant GM Mike Greenberg, Chiefs vice president of football operations Brandt Tilis, Eagles assistant GM Alec Halaby, Saints assistant GM Khai Harley, Ravens vice president of football administration Nick Matteo, Colts assistant GM Ed Dodds and Raiders interim GM Champ Kelly. He went on to work as director of player personnel for the Buffalo Bills before returning to the Panthers as assistant GM in 2021. A first-round draft pick in 2001, he helped the Panthers reach their first Super Bowl in 2003, anchoring the middle of the defense. He played seven seasons for Carolina set an NFL record with 25 tackles in the Panthers' Super Bowl loss to the New England Patriots on Feb. 1, 2004.

Persons: CHARLOTTE, Dan Morgan, Morgan, David Tepper, Scott Fitterer, Bryce Young, Dan, ” Tepper, ” Morgan, Tepper, Brandon Brown, Mike Greenberg, Brandt Tilis, Alec Halaby, GM Khai, Nick Matteo, Ed Dodds, Champ Kelly, Frank Reich, Matt Rhule, Ron Rivera, Chris Tabor, Steve Wilks, Perry Fewell, Ben Johnson, Frank Smith, Bobby Slowik, Dave Canales, Brian Callahan, Todd Monken, Dan Quinn, Raheem Morris, Mike Macdonald, Tabor, Ejiro Evero, Young, mightily, Sam Howell, Eddy Pineiro, ___ Organizations: The Carolina Panthers, Panthers, New York Jets, Giants, Buccaneers, Chiefs, Eagles, GM Khai Harley, Ravens, Colts, Raiders, Seattle Seahawks, Buffalo Bills, Carolina, New England Patriots, Pro, Lions, Dolphins, Cowboys, Rams, The Panthers, Cleveland Browns Locations: N.C, Alabama, Carolina

☆ Shoppers Prefer Staying Outdoors. That’s More Trouble for Malls.
▼ + stars: | 2024-01-15 | by ( Kate King | ) www.wsj.com time to read: 1 min

More than half of Bath & Body Works stores in the U.S. and Canada are now outside of enclosed shopping centers. Photo: Jeffrey Greenberg/UCG/Universal Images Group/Getty ImagesNational chains are accelerating their exit from malls for other types of retail locations, signaling more trouble for malls as consumers show a growing preference for shorter, more convenient shopping experiences. Jewelers, shoe stores and other specialty retailers are among the operators making the shift, indicating they will continue opening at outdoor, non-mall locations such as grocery-anchored shopping centers and strip malls after finding that they perform better and typically save on costs.

Persons: Jeffrey Greenberg Organizations: Body Works, Getty Locations: U.S, Canada

☆ Starbucks sued for alleged deceptive marketing of its ‘100% ethically’ sourced coffee
▼ + stars: | 2024-01-10 | by ( Parija Bhatnagar | Parija Kavilanz | ) edition.cnn.com time to read: +4 min

New York CNN —Starbucks is being sued by a consumer advocacy group alleging that the global coffee chain falsely and deceptively advertises the “committed to 100% ethical sourcing” claim on its coffee and tea products. There are significant human rights and labor abuses across Starbucks’ supply chain,” she said. Practices sourcing certification. Starbucks developed its own sourcing standards called Coffee And Farmer Equity Practices, or C.A.F.E in 2004. Greenberg said her group is seeking to restrict Starbucks from further engaging in deceptive advertising and to run a corrective advertising campaign.

Persons: “, ”, ” Sally Greenberg, Greenberg Organizations: New, New York CNN, National Consumers League, Starbucks, CNN, SCS Global Services, BBC Locations: New York, Washington, India, Brazilian, Brazil

☆ Starbucks sued for allegedly using coffee from farms with rights abuses while touting its ‘ethical’ sourcing
▼ + stars: | 2024-01-10 | by ( Kenzi Abou-Sabe | Adiel Kaplan | ) www.cnbc.com time to read: +6 min

A consumer advocacy group is suing Starbucks, the world's largest coffee brand, for false advertising, alleging that it sources coffee and tea from farms with human rights and labor abuses, while touting its commitment to ethical sourcing. "But it's pretty clear that there are significant human rights and labor abuses across Starbucks' supply chain." Practices, in 2004 to oversee its coffee sourcing in more than 30 countries. The verification program holds Starbucks coffee suppliers to more than 200 environmental, labor and quality standards. "I think it is really hard to have an ethical supply chain.

Persons: Sally Greenberg, Greenberg, Genevieve LeBaron, LeBaron Organizations: Starbucks, D.C, National Consumers League, NBC News, Brasil, SCS Global Services, Conservation International, Rainforest Alliance, Hershey, School of Public, Simon Fraser University, United Nations Locations: Washington, Guatemala, Kenya, Brazil

☆ The great wealth 'realignment': Affluent people keep moving from NY and SF to cheaper, warmer places
▼ + stars: | 2024-01-07 | by ( Zoe Rosenberg | ) www.businessinsider.com time to read: +6 min

Wealthy people are moving to states including Florida, Texas, North Carolina, and Tennessee. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Florida, Texas, and North Carolina are popular destinations for more than just the wealthy. The reshuffling of wealth is making historically cheaper states more expensiveIn Miami, in particular, this reshuffling of wealth has ushered in an era of unaffordability. "Miami and most of Southeast Florida have rebranded into more luxury markets," housing expert Jonathan Miller told BI in September.

Persons: They've, —, SmartAsset, Ken Griffin, Jeff Bezos, Alexander Tamargo, Indxx, AllianceBernstein, Charlotte, Goldman Sachs, Griffin, plunked, Jeffrey Greenberg, Jared Kushner, Ivanka Trump, Carl Icahn, Elon Musk, he's, Jonathan Miller, Bezos, Kushner, Trump, Dina Goldentayer, Dina Goldentayer Dina Goldentayer, Zillow Organizations: Service, Bloomberg, Austin, Citadel, Amazon, Allspring Global Investments, Oracle, Tesla, Dallas ., Company, Universal, Getty, Miami Locations: Florida , Texas, North Carolina, Tennessee, Miami, Florida, New York, California, Florida , Tennessee, New Jersey , Massachusetts, Dallas, Nashville, Charlotte, New York City, Texas, Miami Beach, Chicago, San Francisco, Austin, Coconut Grove, Southeast Florida

☆ Climate Protesters Get in Fed’s Face as Policy Clash Grows Louder
▼ + stars: | 2023-12-01 | by ( Jeanna Smialek | More About Jeanna Smialek | ) www.nytimes.com time to read: +1 min

A protest that disrupted a speech by Jerome H. Powell, the Fed chair, at the Economic Club of New York this fall generated extensive coverage. All three upheavals were caused by the same group, Climate Defiance, which a now-30-year-old activist named Michael Greenberg founded in the spring. Mr. Greenberg had long worked in traditional climate advocacy, but he decided that something louder was needed to spur change at institutions like the Fed. “I realized there was a big need for disruptive direct action,” he explained in an interview. “It just gets so, so, so, so, so much more attention.”

Persons: Jerome H, Powell, Michael Greenberg, Greenberg, “, ” Organizations: Federal, Economic, of New, International Monetary Fund Locations: Jackson, Lodge, Wyoming, of New York

☆ Ousted former Speaker Kevin McCarthy says fellow GOP Rep. Matt Gaetz 'belongs in jail'
▼ + stars: | 2023-11-30 | by ( Madison Hall | ) www.businessinsider.com time to read: +2 min

Nearly two months ago, Matt Gaetz kicked off the process to oust McCarthy as speaker of the House. McCarthy said he now thinks Matt Gaetz "belongs in jail." AdvertisementIt's been nearly two months since former Speaker of the House Kevin McCarthy was ousted from his leadership role after fellow Republican Rep. Matt Gaetz forced a House vote on the matter, and there's clearly still bad blood between the two legislators. In an interview with Politico, McCarthy said he thinks Gaetz is more fit for a penitentiary than an office at the Capitol. AdvertisementWhile it's unclear exactly what specific allegations McCarthy was alluding to, Gaetz has a history of run-ins with police and investigators.

Persons: Matt Gaetz, McCarthy, —, It's, Kevin McCarthy, Gaetz, there's, Joel Greenberg, Axios Organizations: Service, Republican, Politico, Capitol, Sunshine State, House, GOP Locations: Florida, Washington ,

☆ 3 things to watch in the stock market as Street aims to extend winning streak
▼ + stars: | 2023-11-25 | by ( Zev Fima | ) www.cnbc.com time to read: +7 min

(Treasury yields tend to move inversely to stock prices; as yields fall investors seeking better returns move money back into the stock market). The chipmaker once again came into its quarterly print with super-high expectations on the Street, but once again exceeded them . For this reason, we put more emphasis on monthly economic releases, such as the aforementioned personal spending report. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade.

Persons: Dow, Estee Lauder, Einstein, Jim Cramer's, Jim Cramer, Jim, Locker, Jeff Greenberg Organizations: Nasdaq, Federal Reserve, Treasury, Nvidia, Apple, TJX, Bank of Nova, Elbit Systems, Intuit, Hewlett Packard Enterprise, Hormel, Kroger, KR, Academy Sports, TD Bank, Royal Bank of Canada, Dell Technologies, Bank of Montreal, BMO, Jim Cramer's Charitable, CNBC, Universal, Getty Locations: Bank of Nova Scotia, AMBA

Search resuls for: "Greenberg"

25 mentions found