DIRS.INFO The most relevant business & tech news

Anna Boden and Ryan Fleck remember the feeling of being the new kids at the Sundance Film Festival. “I remember being like, oh my God, this festival has been around 20 years, it’s such an old festival,” Boden said in a recent interview with The Associated Press. Their new film debuts Thursday, opening night of the 40th edition of the festival, at the storied Eccles Theater. “My favorite films are Sundance films,” Kaphar said. “That is really nourishing in a year when we’re acknowledging and marking this 40th edition of Sundance.”The Sundance Film Festival runs from Jan. 18 through Jan. 28.

Persons: Anna Boden, Ryan Fleck, they’d, Ryan Gosling, “, ” Boden, Kevin Smith, brough, ”, Steven Soderbergh, — Boden, Fleck, Marvel, dulled, Fleck’s, Pedro Pascal, Jay Ellis, Dominique Thorne, Ben Mendelsohn, Jesse Moss, Amanda McBaine’s “, Frida, Carla Gutiérrez, Gutiérrez, Frida Kahlo, ” Gutiérrez, “ Sue Bird, “ DEVO, Christopher Reeve, ” “, Mavis Beacon, Harper, Will Ferrell, Kristen Stewart, Saoirse Ronan, Kieran Culkin, Sebastian Stan, Glen Powell, Woody Harrelson, Steven Yeun, Lucy Liu, Danielle Deadwyler, Aubrey Plaza, Melissa Barrera, Laura Linney, Ejiofor, “ Rob Peace, Jay Will, Mary J, Blige, Camila Cabello, “ I’ve, ” Ejiofor, Debra Granik, Richard Linklater, Titus Kaphar, André Holland, Aunjanue Ellis, Taylor, Kaphar, John Earl Jelks, ” Kaphar, … it’s, Jesse Eisenberg, he’s, Culkin, ” Eisenberg, Eisenberg, David, Nathan Zellner, Riley Keough, Robert Redford, Joel, Ethan Coen’s, Jordan Peele’s “, Damien Chazelle’s, Eugene Hernandez, ” Hernandez Organizations: Sundance Film, Associated Press, Sundance, Eccles Theater, Amanda McBaine’s “ Girls, MacArthur, Sundance ., Eccles Locations: Park City , Utah, Brooklyn, ”, Park City, Eccles, Oakland, U.S, East Orange , New Jersey, American, Poland, Jan

☆ Bill Ackman says it is a 'near certainty' that academics will improperly cite others' work after his wife admitted to plagiarism
▼ + stars: | 2024-01-07 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +6 min

Read previewBillionaire hedge fund manager Bill Ackman softened his tone on academic dishonesty after a report by Business Insider found his wife, Neri Oxman, plagiarized portions of her doctoral dissertation. A representative for Ackman declined to respond to questions from BI regarding his statements about plagiarism. Similar allegations against Gay and OxmanGay was accused in mid-December of plagiarizing portions of multiple academic articles, including her political science dissertation. Oxman has since admitted to the plagiarism , apologized, and pledged to review her sourcing and request corrections to her work as needed. However, a representative for the university told BI, "Our leaders remain focused on ensuring the vital work of the people of MIT continues, work that is essential to the nation's security, prosperity and quality of life."

Persons: —, Bill Ackman, Neri Oxman, Ackman —, Claudine Gay, Ackman, Gay, Oxman Gay, Christopher Rufo, Christopher Brunet, Oxman, Jonathan Bailey, Harvard didn't, Elise Stefanik, Elizabeth Magill, Sally Kornbluth, Kornbluth, Magill, Gay's, Ackman ominously Organizations: Service, Business Insider, Business, Harvard, Washington Free Beacon, New York Post, MIT, New York, University of Pennsylvania, Ackman, Kornbluth, BI Locations: Israel

☆ A Yale professor is slamming Bill Ackman's campaign against Harvard, calling the billionaire investor an 'odious' oligarch
▼ + stars: | 2024-01-03 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +4 min

Read previewA Yale faculty member is engaging Bill Ackman in a public tiff on X, slamming the billionaire investor for his intense campaign against Harvard President Claudine Gay. Advertisement"What did I say about Harvard President Gay that has to do with money? What did I say about @Harvard President Gay that has to do with money? President Gay resigned because she lost the confidence of the University at large due to her actions and inactions and other failures of leadership. That's why people pay attention," Gonsalves replied.

Persons: —, Bill Ackman, Claudine Gay, Gregg Gonsalves, Gonsalves, Ackman, X, Gay, … — Bill Ackman, — Gregg Gonsalves, @gregggonsalves, Gonsalves wasn't, Bill, You’re, it’s, Gonsalves's, Sally Kornbluth Organizations: Service, Yale, Harvard, Business, University, MIT, Business Insider

☆ Bill Ackman is now turning his focus to MIT's president after Harvard and Penn's resign
▼ + stars: | 2024-01-02 | by ( Grace Kay | ) www.businessinsider.com time to read: +3 min

Bill Ackman took aim at MIT President Sally Kornbluth after Claudine Gay's resignation from Harvard. Gay resigned as president of Harvard after her response to antisemitism and alleged plagiarism. Ackman began calling for the presidents of Harvard, MIT and Penn to resign in December. Ackman on Tuesday took aim at his final target in a dispute over antisemitism at some of the US's top schools: MIT President Sally Kornbluth. Ackman posted on X after the news of Harvard President Claudine Gay's resignation.

Persons: Bill Ackman, Sally Kornbluth, Claudine Gay's, Gay, Ackman, —, Liz Magill, Harvard's Gay, Ackman didn't, Harvard's, Magill, Kornbluth, she'd Organizations: MIT, Harvard, Penn, Service, Pershing, Capital Management, University of Pennsylvania Locations: Israel

☆ Harvard president's resignation draws strong reactions from her critics and supporters
▼ + stars: | 2024-01-02 | by ( Jordan Hart | ) www.businessinsider.com time to read: +5 min

Claudine Gay is out as the president of Harvard. Gay announced Tuesday in a letter that she was stepping down, and reactions have poured in on social media from both her supporters and critics. AdvertisementElon Musk voiced his agreement with a social media user's post that said Gay had been "caught plagiarizing." I admire Claudine Gay for putting Harvard's interests first at what I know must be an agonizingly difficult moment. AdvertisementNot everyone celebrated Gay's resignation.

Persons: Claudine Gay, Gay, —, Larry Summers, Gay's, Elon Musk, Emil Michael, Uber's, Alan Garber, — Lawrence H, Summers, Bill Ackman, Ackman, hasn't, Sally Kornbluth, Elizabeth Magill, it’s, 3yUDw6tciF — Emil Michael, @emilmichael, Christopher Rufo, Rufo, Elon, Jason Calacanis, Timnit Gebru, Couldn't, Gebru, Nikole Hannah Jones, Janai Nelson, Liz Magill's, Gary Marcus, Uber, Marcus Organizations: Harvard, Service, Treasury, Twitter, Billionaire, Gay, Former University of Pennsylvania, Harvard Corporation, Conservative, Google, NAACP Legal Defense, Educational Fund

☆ Huawei is pushing its tech into the EV world with new cars, automaker partnerships
▼ + stars: | 2023-11-29 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +3 min

Changan and Huawei are already partners for the Avatr electric car brand, created in 2018 with electric car battery giant Contemporary Amperex Technology . Huawei is also working with Chery on the Luxeed electric car brand, which revealed details for its S7 sedan on Tuesday. BAIC, whose Arcfox electric brand already uses Huawei tech, and JAC did not immediately respond to a request for comment. Tencent , which operates China's social media app WeChat, has claimed it supplies BMW and some other automakers with car tech. Selling a suite of car tech products called "Huawei Inside," while the automaker designs the vehicle.

Persons: JAC, Richard Yu, BAIC, Tu Le, It's, Huawei's Yu Organizations: Getty, Nurphoto, Huawei, Changan Automobile, Technology, Chery, BAIC, BMW Locations: SHANGHAI, CHINA, Shanghai, China, BEIJING, Beijing, U.S

☆ Prosus cuts India's Byju's valuation to under $3 billion
▼ + stars: | 2023-11-29 | by ( ) www.reuters.com time to read: +1 min

REUTERS/Dado Ruvic/Illustration Acquire Licensing RightsMUMBAI, Nov 29 (Reuters) - Tech investor Prosus NV (PRX.AS) said on Wednesday it was valuing Indian education firm Byju's at under $3 billion, 86% less than its peak valuation of $22 billion last year, after the company struggled with governance and cash-flow problems. The disclosure, made by interim CEO Ervin Tu during Prosus earnings call, is the latest cut to Byju's valuation after several executives and board members quit and it delayed filing its 2021/22 financial results by a year. Over the past year, shareholders including Prosus and Blackrock have successively cut Byju's valuation to $11 billion in March, $8 billion in May and $5 billion in June. It has delayed publishing its financial results, prompting auditor Deloitte and three board members quit in June. Byju's filed the delayed but incomplete financial results earlier this month, and is looking to sell off entire business lines to raise cash.

Persons: Dado Ruvic, Ervin Tu, Prosus, Byju's, Sriram, Aditya Kalra, Miral Organizations: REUTERS, Rights, Tech, Prosus NV, Prosus, Blackrock, Atlantic, Deloitte, Thomson Locations: Rights MUMBAI, Silver

☆ CNBC Daily Open: An alternative to Altman
▼ + stars: | 2023-11-20 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

Andrew Caballero-reynolds | Afp | Getty ImagesThis report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. The Nasdaq increased 2.4%, its first three-week positive streak since June. Even if it were the latter, OpenAI is "not the only game in town," as industry analyst Patrick Moorhead put it. In other words, there will be other companies — like Anthropic or Google — more than ready to assume AI leadership.

Persons: Sam Altman, Andrew Caballero, reynolds, Stocks, Scott Ladner, OpenAI, Sam Altman's, Ilya, Zachary Lipton, Patrick Moorhead Organizations: Economic Cooperation, APEC, Afp, Getty, CNBC, Dow Jones, Nasdaq, Dow, Horizon Investments, Carnegie Mellon University Locations: Asia, San Francisco , California, U.S

☆ CNBC Daily Open: Trouble in AI paradise
▼ + stars: | 2023-11-20 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +3 min

This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. [PRO] Nvidia earnings in focus After the flurry of inflation reports last week, this week looks comparatively quiet in terms of economic data releases. In other words, there will be other companies — like Anthropic or Google — more than ready to assume AI leadership. And Nvidia's report, out Tuesday, will in all probability reassure investors shaken by the cracks in the gilded world of generative AI.

Persons: Sam Altman, Michael Herzog, Musk, Stocks, Scott Ladner, OpenAI, Sam Altman's, Ilya, Zachary Lipton, Patrick Moorhead Organizations: APEC, Summit, Moscone West, CNBC, Hamas, Apple, Disney, IBM, Twitter, Media Matters, America, Dow Jones, Nasdaq, Dow, Horizon Investments, Carnegie Mellon University Locations: San Francisco , California, Israel, U.S

One-litre bottles of extra-virgin olive oil are selling for as much as 14.5 euros ($15.77) in some supermarkets, propelling olive oil into the category of products retailers fit with security tags, alongside spirits, cosmetics and appliances. "Olive oil has become an ideal product for them to steal." STC, a Spanish company providing anti-theft solutions to retailers, saw a 12-fold increase in orders this summer from supermarkets for devices to protect olive oil bottles, managing partner Salvador Canones told Reuters. Spanish police have also uncovered thefts of olive oil from mills and in October arrested two people as part of an investigation into the theft of 56 tonnes of extra virgin olive oil. Among the world's biggest consumers of olive oil, they have already significantly cut back: sales volumes of extra-virgin olive oil fell by 17% in the 12 months to September, according to NielsenIQ.

Persons: Jon Nazca, Ruben Navarro, Navarro, Tu, " Navarro, Salvador Canones, Corina Rodriguez, Helen Reid, Elaine Hardcastle Organizations: REUTERS, Rights, Tu, STC, Reuters, Spanish, Thomson Locations: Olive, Malaga, Spain, Rights MADRID, Spain's Andalucia, Carrefour, Madrid, Spanish

☆ I quit a 6-figure job to create personal-finance videos on TikTok. 2 years later, my social-media business is earning millions in revenue.
▼ + stars: | 2023-11-16 | by ( Marta Biino | ) www.businessinsider.com time to read: +7 min

NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementThis as-told-to essay is based on a conversation with Vivian Tu, a 29-year-old content creator and founder of social-media brand Your Rich BFF. Every video of mine starts with the tagline, "I'm Vivian Tu, your rich BFF and your favorite Wall Street girly." At first, it was just ads on my videos on TikTok, and later on Instagram, YouTube, and other platforms. I don't think that's wise.

Persons: Vivian Tu, —, Morgan, Rich BFF, WME, I've, I'm Organizations: Service, YouTube, Penguin, DMs Locations: BuzzFeed

The Southeast Asian electronics manufacturing hub already hosts U.S. giant Intel's (INTC.O) largest semiconductor packaging and testing plant worldwide and is home to several chip designing software firms. It is working on a strategy to attract more semiconductor investment, including from foundries, which focus on manufacturing chips. Meetings with half a dozen U.S. chip firms took place in recent weeks, including with fab operators, Vu Tu Thanh, head of the Vietnam office of the US-ASEAN Business Council, told Reuters. He declined to identify the firms because talks were still at a preliminary stage. John Neuffer, President of the U.S. Semiconductor Industry Association, at the same conference recommended the government focus on chip sectors where Vietnam was already strong, such as assembling, packaging and testing.

Persons: Florence Lo, PSMC, Tu Thanh, Joe Biden, GlobalFoundries, Hung Nguyen, Viettel, Robert Li, John Neuffer, Francesco Guarascio @fraguarascio, Khanh Vu, Fanny Potkin, Lincoln Organizations: REUTERS, Hanoi, U.S, ASEAN Business Council, Reuters, GlobalFoundries, Industry, Hanoi's University Vietnam, BET, Vietnam Semiconductor, European Union, U.S . Semiconductor Industry Association, Reuters Graphics Reuters, Thomson Locations: Vietnam, HANOI, U.S, Hanoi, China, South Korea, Singapore

☆ Rampage by antisemitic mob puts pressure on Moscow to confront rising ethnic tensions in Russia
▼ + stars: | 2023-10-31 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +9 min

People shouting antisemitic slogans at an airfield of the airport in Makhachkala, Russia, on Oct. 30, 2023. APMoscow is coming under increasing pressure to protect the country's Jewish community after the latest episode of antisemitism highlighted growing interethnic tensions in Russia. Russia's Jewish populationThe incident in Dagestan highlights wider demographic tensions in Russia, whose population of 144 million is diverse and disparate in terms of ethnicity, religion, culture and language. The latest episode of antisemitic aggression in Dagestan is likely to be very concerning for Jews living in the region, and wider Russia. Russian President Vladimir Putin prepares to greet Israeli Prime Minister Benjamin Netanyahu during their meeting on Jan. 23, 2020, in Jerusalem.

Persons: Allahu Akbar, Vladimir Putin, Putin, Dmitry Peskov, Tupolev, STRINGER, Stringer, Rabbi Alexander Boroda, Boroda, Ramzan Kadyrov, Juma, Gavriil Grigorov, Sergei Lavrov, Volodymyr Zelenskyy, Max Hess, Hess, there's, Lavrov, Benjamin Netanyahu, Mikhail Svetlov Organizations: AP Moscow, Sunday, Russian Federation, Kremlin, Russia's, CNBC, Institute for, Hamas, AFP, Getty, Afp, Getty Images Israel, Russia's Federation of Jewish, Reuters, Chechen, Ukraine, Nazi, Foreign Policy Research Institute Locations: Makhachkala, Russia, Israel, Russian, Dagestan, Tel Aviv, Palestinian, Russia's, Christianity, Russia's North Caucasus, Chechnya, Tatarstan, Ingushetia, Kremlin, Ukraine, Republic of Dagestan, North Caucasus, Caucasus, Moscow, Derbent, Russia's Republic of Dagestan, Nazi Germany, Jerusalem

☆ Ukraine war live updates: Moscow claims the West is attempting to 'split Russian society' after airport stormed by mob
▼ + stars: | 2023-10-30 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +1 min

A Tupolev Tu-134B passenger plane is seen on the postament next to a sign reading as 'Dagestan' outside the airport in Makhachkala on October 30, 2023. Russian police on October 30, 2023 said they had arrested 60 people suspected of storming an airport in the Muslim-majority Caucasus republic of Dagestan, seeking to attack Jewish passengers coming from Israel. Russia's aviation agency Rosaviatsia said the incident has been brought under control and that 60 people have been detained. The airport, in Makhachkala, remains closed as investigations continue. It has enjoyed constructive ties with Israel, but its divided loyalties have strained relations since Israel declared war on Iran-backed militant group Hamas.

Persons: STRINGER, Rosaviatsia, Israel's Organizations: Tupolev, AFP, Getty, Sunday, Hamas Locations: Dagestan, Makhachkala, Caucasus, Israel, Moscow, Russian, Tel Aviv, Russia, Iran

☆ My dream job wasn't worth it: Former employees at Meta, McKinsey, and JP Morgan share how they burned out and left
▼ + stars: | 2023-10-29 | by ( Aria Yang | ) www.businessinsider.com time to read: +7 min

Insider spoke to five people who left Meta, McKinsey and more on why they left and what they do now. One said he only wishes he left his $120,000-a-year finance job sooner. Lu ultimately made the decision to leave because she wanted to explore and grow in other aspects of her career, but she said leaving McKinsey came with its tradeoffs. Read more: I quit my $370K job at Meta after having panic attacks and hitting the lowest point of my life. Read more: I quit my $120K finance job and make more money with YouTube videos.

Persons: —, Vivian Tu, she's, Angelina Lu, Lu, Eric Yu, Meta, pinky, Yu, Read, Elizabeth Rosenberg, Rosenberg, Vincent Chan, Chan Organizations: Meta, McKinsey, Service, JPMorgan, McKinsey & Company, YouTube

NEW YORK (AP) — The fallout from the actors strike, now past 100 days, has been widespread throughout the film industry. As the strike pushes into Hollywood’s awards season, it’s increasingly muting the reception for some of the best performances of the year. With so many out of work due to the strike, no one should cry for muzzled Oscar campaigns. Just as Carney’s “Once” was a breakthrough for Glen Hansard and Markéta Irglová, Hewson is a revelation in “Flora and Son.” (Streaming on Apple TV+)COLMAN DOMINGOColman Domingo has long been a powerhouse on screen. The film is set mainly during the run-up to the 1963 March on Washington, which Rustin was the architect of.

Persons: haven’t, it’s, muzzled Oscar, Sandra Hüller, “ Priscilla ” –, Barbie ”, “ Oppenheimer, ”, —, Andrew Scott, ” Aunjanue Ellis, Emma Stone, ” Jeffrey Wright, Carey Mulligan, “ Maestro, LILY GLADSTONE Martin, Scorsese, Leonardo DiCaprio, Ernest Burkhart, Robert De Niro, William Hale, Lily Gladstone’s, Mollie Kyle, she’s, PAUL GIAMATTI, DA’VINE JOY RANDOLPH, DOMINIC SESSA, Alexander Payne’s “, there’s Paul Giamatti, Payne, Randolph, JAMIE FOXX Jamie Foxx, Maggie Betts ’, Tommy Lee Jones, Foxx, Jones, JODIE FOSTER Elizabeth Chai Vasarhelyi, Jimmy Chin’s, Annette Bening, Diana Nyad, Jodie Foster’s, Bonnie Stoll, Nyad’s, “, Foster, GABRIEL GARCÍA BERNAL “ Cassandro, Cassandro . Bernal, Perros ”, HEWSON, Eve Hewson, Bono, Steven Soderbergh’s “, John Carney’s “, Hewson, Joseph Gordon, Levitt, Orén, Glen, Markéta Irglová, COLMAN DOMINGO Colman Domingo, “ Zola, George C, Wolfe's “ Rustin, Bayard Rustin, Domingo, Rustin, AARON PIERRE, Garth Davis, Aaron Pierre, Saoirse Ronan, Paul Mescal, Pierre, PHOEBE DYNEVOR, ALDEN EHRENREICH, Chloe Domont's, Phoebe Dynevor, Alden Ehrenreich, it's, MARSHAWN LYNCH, Marshawn Lynch, Emma Seligman’s, Rachel Sennott, Edebiri, Lynch, It’s, he’s Organizations: ”, SAG, Amazon Prime, Netflix, Apple, NFL Locations: “, Vietnam, Mississippi, Dublin, “ Flora, Washington

☆ The average American wants to retire with over $1 million—saving alone won't get you there, says self-made millionaire
▼ + stars: | 2023-10-26 | by ( Cheyenne Devon | ) www.cnbc.com time to read: +1 min

Americans in their 20s think they'll need around $1.2 million on average to retire comfortably, according to Northwestern Mutual's "2023 Planning and Progress Study." But stashing your money in a traditional savings account probably won't get you there by the time you hit retirement age because your money won't grow fast enough. However, retirement investment accounts typically earn a much higher rate of return than a traditional savings account, so your money grows faster when interest is compounded. On the other hand, you'd have significantly less if you put that money into a traditional savings account, which generally earn returns less than 1%, per the FDIC's data. If you put that same $100 into a regular savings account, you'd only have around $66,300 by the time you turn 65, per CNBC's calculations.

Persons: Vivian Tu Organizations: CNBC Locations: Northwestern

With just $100 and a little bit of research, you can start your own passive income stream. With a little bit of time and research, anyone can start investing in a passive income stream with as little as $100. We asked three financial experts how they'd invest $100 to start making money in their sleep, and here's what they said. Real estate investment trustsFormer Wall Streeter and TikTok financial literacy educator Vivian Tu suggests putting your money in a real estate investment trust. Yieldstreet is one of the best real estate investing apps for those interested in real estate and alternative investments.

Persons: —, John Stoj, Wall Streeter, Vivian Tu, Taylor Kovar, you'll Organizations: Service, CFP

☆ Russia says it rehearsed delivering a massive retaliatory nuclear strike
▼ + stars: | 2023-10-25 | by ( ) www.reuters.com time to read: +1 min

[1/2] Russia's President Vladimir Putin inspects a military exercise, which tests the country's ability to deliver a massive retaliatory nuclear strike by land, sea and air, via a video link from Moscow, Russia October 25, 2023. Sputnik/Gavriil Grigorov/Pool via REUTERS Acquire Licensing RightsMOSCOW, Oct 25 (Reuters) - Russia has successfully tested its ability to deliver a massive retaliatory nuclear strike by land, sea and air, a Kremlin statement said on Wednesday. "Practical launches of ballistic and cruise missiles took place during the training," the statement said. State TV showed Defence Minister Sergei Shoigu talking to Putin about the exercise. Reporting by Reuters Writing by Andrew Osborn Editing by Gareth JonesOur Standards: The Thomson Reuters Trust Principles.

Persons: Vladimir Putin, Sergei Shoigu, Putin, Andrew Osborn, Gareth Jones Organizations: Sputnik, REUTERS Acquire, Rights, State TV, West, Thomson Locations: Moscow, Russia, Russia's, Barents, Ukraine, United States

☆ 3 young millionaires share the one index fund they'd invest in — plus the early mistake that could cost investors six figures in their retirement funds
▼ + stars: | 2023-10-19 | by ( Laila Maidan | ) www.businessinsider.com time to read: +5 min

People often turn to index funds or exchange-traded funds to simplify investing while getting exposure to diverse assets. According to an expense ratio calculator, the same setup would cost $8,278 with an expense ratio of 0.04%. It was money he would decide to scatter across nine index funds to diversify his portfolio. In 2019, he started the Personal Finance Club, which offers free and paid content about index fund investing. She sticks to one fund: the Vanguard 500 Index Fund ETF (VOO), which tracks the S&P 500 and is rebalanced quarterly to include the top 500 domestic companies.

Persons: Michael Quan, Quan, Jeremy Schneider, Treasuries, Schneider, Vivian Tu, she's, Rich, Tu Organizations: Investment Company Institute, Vanguard FTSE, Market, Fund, Finance Club, Fidelity, Street, JPMorgan Locations: Canada, Europe, Japan, New York City

☆ Russian Strategic Bombers Patrol Over Sea of Japan - Defence Ministry
▼ + stars: | 2023-10-17 | by ( Oct. | At A.M. | ) www.usnews.com time to read: 1 min

MOSCOW (Reuters) - Russia's defence ministry on Tuesday said two Tu-95 strategic bombers had carried out a seven-hour flight over the Sea of Japan, accompanied by Su-35 fighter jets. "The flight was carried out in strict accordance with international rules for using airspace," Lieutenant General Sergei Kobylash, long-range aviation commander, said in a statement. "Long-range aviation pilots regularly carry out flights over the neutral waters of the Arctic, North Atlantic, Black and Baltic Seas, and Pacific Ocean," Kobylash said. (Reporting by Reuters; Writing by Alexander Marrow; Editing by Christina Fincher and Kevin Liffey)

Persons: Su, Sergei Kobylash, Kobylash, Alexander Marrow, Christina Fincher, Kevin Liffey Organizations: Reuters Locations: MOSCOW, Japan, North Atlantic, Baltic

☆ A desperate Russia may be just what North Korea needs to finally update its ancient Air Force
▼ + stars: | 2023-10-15 | by ( Benjamin Brimelow | ) www.businessinsider.com time to read: +9 min

North Korean leader Kim Jong Un visited Russia in September on his first overseas trip since 2019. The visit was seen as Russia's attempt to secure North Korean support for Moscow's war in Ukraine. For North Korea, Russia's desperation may be a chance to get help upgrading its aging air force. Korean People's Army Air and Anti-Air ForceSouth Korean troops guard a MiG-19 that a North Korean pilot used to defect in May 1996. KCNA via REUTERSGiven the North Korean air force's needs, it's easy to see Kim's visit as something of a prospective shopping trip.

Persons: Kim Jong Un, —, Vladimir Putin, Sergei Shoigu, Kim, Putin, CHOO YOUN, Antonov, Mikhail Japaridze, Kim's, Kim strode, Shoigu, Sergey Kobylash, Denis Manturov, Kim Jong Organizations: North, Service, Russian Defense, Vostochny, Amur Aircraft, Knevichi, Korean People's Army Air, Air Force South, MiG, Getty, Air Force, North Korean, Defense Intelligence Agency, DIA, KCNA, REUTERS, Kremlin Locations: Russia, Ukraine, North Korea, Korean, Russian, Moscow, Pyongyang, KONG, AFP, Soviet Union, China, Komsomolsk, Vladivostok, Japan, Korea

☆ Investing in Space: A reality check on SPAC frenzy revenue projections
▼ + stars: | 2023-10-12 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +13 min

Overview: Forecast or fantasyWe're now at least two years on from when a slew of space companies went public during the SPAC frenzy, and, look, none of them look great. Now a bit further down the road, I want to look at a different financial metric: 2023 revenue projections. I ran an informal series for a while to mark when a space company announced it was going public. The rest of the pack isn't as on the mark: A few companies are roughly halfway to their earlier 2023 revenue projections, or performing even better. Spire forecast 2023 revenue of $227 million and is closing in on about $107 million.

Persons: Angela Weiss, CNBC's Michael Sheetz, it's, I'd, Here's, Derek Tournear, Ron Rosano, Trevor Beattie, Namira Salim, –, REx, Christopher Povak, Lisa Watson, Morgan, – Watson, Morgan Starliner, General, NASA Astrobotic, Andy Lapsa Organizations: New York Stock Exchange, AFP, Getty, Terran, Galactic Astra, CNBC, Pentagon, Space Development Agency, LinkedIn, Galactic, NASA, NASA NRO, Soyuz, – Reuters, Reuters SpaceX, FAA, Federal Aviation Administration, IAC, Lunar Research, SpaceX, Boeing NASA, Moonshots Capital, Lavrock Ventures, Veteran Fund, Mana Ventures, AIN Ventures, Capital Factory, Astra, – Bloomberg, ViaSat, Viasat Locations: Russian, Azerbaijan, Russia, Venezuela, South Africa, Florida, Washington, CNBC Los Angeles

☆ Opinion: Paris’ bedbug bedlam
▼ + stars: | 2023-10-04 | by ( David A. Andelman | ) edition.cnn.com time to read: +7 min

He formerly was a foreign correspondent for The New York Times and Paris correspondent for CBS News. But conquering the city’s bedbug infestation, too, could prove to be an Olympian challenge. The deputy mayor of Paris has also asked Prime Minister Élisabeth Borne to take it on. A French government survey found that at least 11% of all French households reported having a bedbug infestation between 2017 and 2022. The tried-and-true solution to combating bedbugs is as old as Paris itself.

Persons: David A, CNN —, David Andelman, Élisabeth Borne, Borne, they’re, ”, Mathilde Panot, bedbugs, ” Panot, who’d, Anne Hidalgo, Emmanuel Gregoire, implore Borne, Gregoire, Hidalgo, they’ve, Charles de Gaulle, Jean, Michel Berenger, Dior, Mayra Peralta, “, Rue de Solferino, you’ve Organizations: CNN, French Legion of, The New York Times, CBS News, Maison, Legion, French Socialist Party, David Andelman CNN, Paris, bedbugs, Metro, Paris’s, French National, France Insoumise, Paralympic, EnVi Media, PUNAISES RUE DE, Rue de Locations: Paris, Paris’s, France, Seine, Le, “, Rue

HONG KONG, Oct 3 (Reuters Breakingviews) - The country’s automakers are overtaking legacy marques at home and abroad. In this Exchange podcast, industry consultant Tu Le explains what has given BYD, especially, the edge over rivals. Listen to the podcastFollow @KatrinaHamlin on XSubscribe to Breakingviews' podcasts, Viewsroom and The Exchange. Editing by Katrina HamlinOur Standards: The Thomson Reuters Trust Principles. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

Persons: Tu Le, Elon Musk’s Tesla, Katrina Hamlin Organizations: Reuters, Thomson Locations: HONG KONG

Search resuls for: "TU"

25 mentions found