DIRS.INFO The most relevant business & tech news

☆ New Mexico experimented with a basic income program that gave $500 a month to immigrant families. They used the money to pay rent and secure jobs.
▼ + stars: | 2024-05-29 | by ( Allie Kelly | ) www.businessinsider.com time to read: +5 min

Read previewNew Mexico's basic income pilot set out to fill a gap in America's financial safety net: many immigrants aren't able to access help. New Mexico's program is among the first basic income programs to operate at the state level and to specifically serve immigrant households. AdvertisementThe pilot's success has also provided momentum for future basic income programs in the region. With basic income, participants saw improved employment and education outcomesThe New Mexico pilot served mixed-status households in 13 counties across the state. AdvertisementHave you benefitted from a guaranteed basic income program?

Persons: —, aren't, Marcela Díaz, Javier Rojo, Doña Ana County, I've, Rojo Organizations: Service, Business, Pueblo Unido, New, New Mexico Economic Relief, Un, Un Pueblo Unido, Children, New Mexico House Locations: New Mexico, Pueblo, Un Pueblo, Doña Ana

☆ Biden's $1 billion weapons package to Israel is coming back to haunt him
▼ + stars: | 2024-05-29 | by ( Mikhaila Friel | ) www.businessinsider.com time to read: +5 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewAhead of Israel's assault on Rafah, President Joe Biden issued several stark warnings to Israeli Prime Minister Benjamin Netanyahu. A $1 billion arms dealThe statement suggests Biden will continue to move forward with a $1 billion weapons package to Israel. As BI previously reported, the weapons deal could be seen as an attempt to heal Biden's relationship with Netanyahu and to halt accusations that the US is emboldening Iran. For instance, Biden previously withheld a shipment of bombs before announcing that the planned weapons deal would go ahead.

Persons: —, Joe Biden, Benjamin Netanyahu, Biden, Netanyahu, BRENDAN SMIALOWSKI, Matt Miller, Sen, Chris Van Hollen, Andrew Payne, Payne, Dave Harden Organizations: Service, CNN, Business, MSNBC, Gaza Health Ministry, IDF, Associated Press, State Department, Wall Street Journal, Getty, Washington Post, City University of London, Trump ., US Agency for International Development, West Bank, BBC Locations: Rafah, Israel, Gaza, Tal al, Anadolu, Iran

☆ A brand-new F-35 crashed into a New Mexico hillside while flying from a Lockheed Martin facility to a US airbase
▼ + stars: | 2024-05-29 | by ( Matthew Loh | ) www.businessinsider.com time to read: +1 min

A new F-35B crashed in Albuquerque, New Mexico, on Tuesday, leaving its pilot injured. The jet was a new model being transferred from a Lockheed Martin facility to the US military, per reports. F-35s have been reported to cost up to $135 million each, but it's unclear how much this one was worth. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAn F-35B Lightning II fighter jet crashed near the Albuquerque International Sunport in New Mexico on Tuesday, and its pilot has been seriously injured, local authorities said.

Persons: Lockheed Martin, —, Jason Fejer Organizations: Lockheed, Service, Albuquerque, Fire, Albuquerque Fire, Business Locations: Albuquerque , New Mexico, New Mexico, Albuquerque

☆ Stock market today: Dow drops 411 points as yields jump ahead of fresh economic data
▼ + stars: | 2024-05-29 | by ( Max Adams | Filip De Mott | ) www.businessinsider.com time to read: +2 min

Stocks fell on Wednesday ahead of fresh economic data on growth and inflation. A $44 billion auction of seven-year Treasury notes was met with tepid demand. Bond yields spiked for a second day, with the 10-year bond climbing by seven basis points to 4.61%. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . On Tuesday, a sale of two and five-year notes was priced to weaker demand from investors.

Persons: Stocks, —, Price Organizations: Service, Dow Jones Industrial, Treasury, Nasdaq, Nvidia

Eastern Ukraine CNN —Ukrainian crews working on US-supplied Abrams tanks have told CNN of a series of the weaknesses and flaws with the armored vehicles, calling into doubt their utility on the war’s ever-changing frontlines. Much of the Ukrainian frontline is now dominated by the use of self-destructing attack drones, tiny and accurate devices that can swarm infantry and even cause significant damage to tanks. Mick Krever/CNNAmmunition is also a problem, like elsewhere on the Ukrainian frontline. NATO “would never” use the Abrams tank the way the Ukrainian military has to use it, a Ukrainian soldier who uses the moniker “Joker” said. Mick Krever/CNNThe Ukrainian crew expressed frustration the tanks were made for a NATO style of warfare, in which air power and artillery prepare the battlefield before tanks and infantry advance.

Persons: Abrams, Joe Biden, ”, Crews, Saddam Hussein’s, Mick Krever, ” Joker, “, ’ ”, Oleksandr Syrsky, Victoria Butenko Organizations: Eastern, Eastern Ukraine CNN —, CNN, United, ” CNN, 47th Mechanised Brigade, Pentagon, Abrams, NATO, “ Locations: Eastern Ukraine, United States, Ukraine, Germany, Iraq, Dnipro, Ukrainian, Avdiivka, Russia, Poland, American, Russian, Red Square, Kyiv, “ Ukraine, Ukraine’s, France

☆ Cadillac's new entry-level Optiq EV to start at $54,000
▼ + stars: | 2024-05-29 | by ( Michael Wayland | ) www.cnbc.com time to read: +1 min

DETROIT – General Motors' new entry-level 2025 Cadillac Optiq electric vehicle will start at $54,000, the company said Wednesday. The compact-sized crossover is set to be Cadillac's fourth electric vehicle when it goes on sale later this year. It follows the $59,000 Lyriq midsize crossover, the $300,000-plus bespoke Celestiq sedan and the upcoming $130,000 Escalade IQ SUV. The Optiq will be sold in 10 regions, including North America, China and Europe, where it debuted Wednesday at a new Cadillac showroom in Paris. It comes as automakers attempt to expand the appeal of EVs with less-expensive models following slower-than-expected sales for the emerging vehicles.

Persons: Cadillac, John Roth Organizations: DETROIT, Motors, EV, Cadillac Locations: North America, China, Europe, Paris

☆ Judgment day looms for Donald Trump in New York
▼ + stars: | 2024-05-29 | by ( Stephen Collinson | ) edition.cnn.com time to read: +12 min

CNN —Donald Trump, who built a mystique as the brash epitome of power, has never been more powerless to dictate his own fate. In order to convict Trump, jurors must first decide that he falsified financial documents and did so with the express purpose of committing another crime. That was evidenced, today by the Biden campaign themselves holding a rally here,” Don Trump Jr. said. “You cannot convict President Trump,” Blanche said, before repeating himself for emphasis while impressing on the jury the gravity of the historic deliberation that lies before them. “You may say, who cares if Mr. Trump slept with a porn star 10 years before the 2016 election?

Persons: Donald Trump, Judge Juan Merchan, “, Joshua Steinglass, Stormy Daniels, Trump, Daniels, Todd Blanche, Michael Cohen, ”, Blanche, there’s, Joe Biden, Robert De Niro, Biden, —, Don Jr, Eric, ” Don Trump Jr, it’s, Pop Michael Jackson, That’s, Trump’s, Michael Cohen Trump, histrionics, ” Blanche, Cohen, Steinglass Organizations: CNN, Prosecutors, Trump, Hollywood, Capitol, Biden, GOP Locations: New York City, York, New York

☆ ‘Not sufficient’: Ukrainian soldiers detail how US-supplied tank is faring in war
▼ + stars: | 2024-05-29 | by ( Nick Paton Walsh | ) edition.cnn.com time to read: 1 min

How relevant is this ad to you? Video player was slow to load content Video content never loaded Ad froze or did not finish loading Video content did not start after ad Audio on ad was too loud Other issues

☆ Haley’s Pennsylvania voters aren’t all ready to fall in line behind Trump
▼ + stars: | 2024-05-29 | by ( John King | ) edition.cnn.com time to read: +8 min

“When I was 18, I registered as a Republican,” London said. Haley garnered nearly 17% of the primary vote statewide this year — approaching 25% in the suburban collar counties around Philadelphia. “It’s a principled position I need to take.”Irma Fralic, too, cast her primary vote for Haley as a protest. CNNOur visit to Pennsylvania coincided with Haley announcing she will vote for Trump in November despite significant differences with the presumptive GOP nominee. Eyeing Trump, but holding her noseLinda Rooney cast her Haley vote in the primary as a question as much as a protest.

Persons: Joan London, —, Reagan, Bush, Obama, “, ”, “ I’ve, Nikki Haley, Pennsylvania’s, Haley, Donald Trump’s, Ronald, I’ve, …, Trump, Joe Biden, London’s, Biden, ” Irma Fralic, ” Fralic, I’m, I’d, ’, ’ ” John King, Irma Fralic, Fralic, Eyeing Trump, Linda Rooney, ” Rooney, Rooney, ” John King, “ Haley, ” Rooney texted, “ She’s, Trump Michael Pesce, ” Pesce, Ronald Reagan, ‘, We’re, Pesce, “ I’m Organizations: Pennsylvania CNN, Republican, Pennsylvania, Tea, Independent, South, Republican Party, CNN, Donald Trump’s GOP, Trump, Reagan Republican, Media, Army, “, Coast Guard, Republicans Locations: Fleetwood, Pennsylvania, London, Washington ,, South Carolina, Philadelphia, Berks County, Philly, Israel, Wyndmoor , Pennsylvania, Delaware County, Afghanistan, Media , Pennsylvania, Bucks County

☆ Opinion | Robert F. Kennedy Jr. Is Worse Than a Spoiler
▼ + stars: | 2024-05-29 | by ( Gail Collins | ) www.nytimes.com time to read: +1 min

Lately, you’ve probably been asking yourself: What does it mean that Nicole Shanahan has been chosen as Robert F. Kennedy Jr.’s running mate? I know, you’ve got a full and busy life. Jr. is, as we all know, running for president as an independent — an effort that will further publicize his anti-vaccination views and perhaps provide a point to his life. Shanahan, a lawyer who has never won elective office, is notable for being really, really rich. She’s a billionaire, thanks to her five-year marriage to Sergey Brin, one of the founders of Google.

Persons: you’ve, Nicole Shanahan, Robert F, Kennedy Jr, Shanahan, R.F.K ., Sergey Brin, Kennedy, Biden Organizations: Google

☆ I'm a mom of 4. To stay connected with my teens, I engage in their favorite activities and tuck them in at night.
▼ + stars: | 2024-05-29 | by ( Rachel Garlinghouse | ) www.businessinsider.com time to read: +5 min

Like many parents, I've sometimes wondered where the time has gone and how my babies are growing up, with two already being teenagers. Despite how much my teens are trying to gain independence while also telling us just how wrong and uncool we are, they still need me. I engage with my teens in their favorite activitiesOne of my teens is an athlete who thrives on the basketball court. I take my teens on individual datesHaving one-on-one time with my teens outside our home is important. I love taking my teens on dates because we're making memories together while utilizing some of the precious time we have.

Persons: I've, that's, There's Organizations: Service

☆ Cadence CEO Anirudh Devgan: Investment in R&D gives us a moat, long-term differentiation
▼ + stars: | 2024-05-29 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

Cadence CEO Anirudh Devgan: Investment in R&D gives us a moat, long-term differentiationCadence President and CEO Anirudh Devgan joins 'Mad Money' host Jim Cramer to talk partnering with Nvidia, research investments, and more.

Persons: Anirudh, Anirudh Devgan, Jim Cramer Organizations: Cadence, Nvidia

☆ Intuit QuickBooks' new $10,000 grant program could scale your business. Here's how to apply.
▼ + stars: | 2024-05-29 | by ( Sponsor Post | ) www.businessinsider.com time to read: +6 min

This Small Business Month, Intuit QuickBooks is launching a grant program to help small business owners grow their businesses. From the end of December to the end of March, small business employment declined by 0.44%, according to the latest release from the Intuit QuickBooks Small Business Index. The Intuit QuickBooks Grant Program, designed to help small business owners across the US run and grow their businesses, will award 20 small business owners with $10,000 and three months of business coaching. AdvertisementThe Intuit QuickBooks Grant Program will launch May 28, 2024, and applications will be accepted until 11:59pm PT on June 30. Click here to learn more about the Intuit QuickBooks Grant Program and how your small business can apply.

Persons: Emma Rodgers Organizations: Intuit QuickBooks, US Small Business Administration, Intuit, Marketing, Revenue, www.QuickBooks.com, Insider Studios Locations: Intuit's, QuickBooks

☆ Black passengers sue American Airlines, alleging they were thrown off a plane because of false body odor complaint
▼ + stars: | 2024-05-29 | by ( Marnie Hunter | ) edition.cnn.com time to read: +3 min

CNN —A lawsuit filed Wednesday on behalf of three Black men alleges “blatant and egregious race discrimination” by American Airlines when they were removed from a flight. An American Airlines representative approached each of the men before takeoff, the complaint said, ordering them off the plane. “(O)nce they reached the jet bridge, they saw that several other Black men were also being removed from the plane. In fact, it appeared to Plaintiffs that American had ordered all of the Black male passengers on Flight 832 off the plane,” the complaint reads. American representatives told the men a complaint about body odor had prompted their removal, according to the suit.

Persons: Alvin Jackson, Emmanuel Jean Joseph, Xavier Veal –, “, ”, Y’all, “ Plaintiffs Organizations: CNN, American Airlines, American, Cell, Airlines, NAACP Locations: Phoenix, JFK, New York City

☆ Silver price gains are outshining gold thanks to China's solar panel overproduction
▼ + stars: | 2024-05-29 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

Record high gold prices are in the spotlight — but it's really the yellow metal's poorer cousin, silver, that's outperforming in the price rally. Spot silver prices have gained 35% this year-to-date to 12-year-highs. In comparison, spot gold prices are at around $2,350 per ounce, but have just gained 14% so far this year. Silver is used in solar panels and also in general industryIn particular, silver is a key raw material for solar panels. Other than solar panels, silver is also used in electronics, as catalysts in industrial processes, and in car parts.

Persons: Morgan Stanley, Daniela Hathorn, Hathorn, Silver, overcapacity Organizations: Service, Business, Bloomberg, East, Global, Silver Institute Locations: China, West, Europe, Beijing

☆ Video: Here’s how US weapon deliveries to Ukraine have led to a boost for US military
▼ + stars: | 2024-05-29 | by ( Oren Liebermann | ) edition.cnn.com time to read: 1 min

☆ McDonald's exec says average menu item costs 40% more than in 2019
▼ + stars: | 2024-05-29 | by ( Ece Yildirim | In Ecedyildirim | ) www.cnbc.com time to read: +1 min

A top McDonald's executive is weighing in on claims that the company has jacked up its prices. Joe Erlinger, president of McDonald's USA, said in an open letter Wednesday that the average price of McDonald's menu items is up around 40% since 2019. Erlinger said the average price of a Big Mac meal today is $9.29, up 27% from $7.29 in 2019. The price for a 10-piece McNuggets meal is up 28% over the same period, and the price of medium french fries increased 44%. Erlinger added the cost increases are tied to similar increases in input costs such as crew salaries and cost of goods.

Persons: Joe Erlinger, Erlinger, we've Organizations: McDonald's, House Republicans Locations: McDonald's USA

☆ ‘It’s putting patients’ lives in danger’: Nurses say ransomware attack is stressing hospital operations
▼ + stars: | 2024-05-29 | by ( Sean Lyngaas | ) edition.cnn.com time to read: +9 min

“It’s putting patients’ lives in danger,” said a nurse who works at Ascension Providence Rochester Hospital, a 290-bed facility about 25 miles north of downtown Detroit. The health care sector reported 249 ransomware attacks to the FBI last year, more than any other sector, with some cases affecting patient records. And, perhaps more than any other sector, health care firms hold an enormous volume of sensitive data that is ripe for targeting and extortion schemes. The hack cut off health care providers from billions of dollars of revenue and snarled service at pharmacies across the US. (She said her firm had no specific insights into the Change Healthcare or Ascension ransomware attacks.)

Persons: cyberattack, “, ”, cybercriminals, Mac Walker, Walker, ” Walker, Ascension’s, Ascension, Dina Carlisle, “ There’s, Andrew, ” Sezaneh Seymour, ” Bryan Vorndran, Vorndran Organizations: CNN, Ascension Providence Rochester Hospital, “, FBI, Biden, White House, Department of Health, Services, OPEIU, University of Minnesota School of Public Health, Change Healthcare, UnitedHealth, Healthcare Locations: Detroit, Birmingham , Alabama, St, Louis, Rochester , Michigan, ” OPEIU

☆ Former federal judge blasts John Roberts in new book and says Ruth Bader Ginsburg was annoyed by pressure to retire
▼ + stars: | 2024-05-29 | by ( Joan Biskupic | ) edition.cnn.com time to read: +8 min

The Supreme Court, Tatel wrote, has “kicked precedent to the curb” and become “a tragedy” for civil rights and the rule of law. He said she revealed early dealings among justices that eventually led to the milestone 2013 Shelby County v. Holder decision undermining the Voting Rights Act. ‘John Stevens didn’t step down until he was ninety,” Tatel wrote. He served as director of the Chicago Lawyers’ Committee for Civil Rights Under Law and then as director of the National Committee. During the Jimmy Carter administration, he led the Office of Civil Rights at the Department of Health, Education and Welfare.

Persons: David Tatel, ”, John Roberts, Bill Clinton, Tatel, Roberts, Ruth Bader Ginsburg, Holder, Ginsburg, –, ’, ‘ John Stevens didn’t, ” Tatel, “, Ruth, Hillary Clinton, Donald Trump, Obama, …, Trump, Amy Coney Barrett, Roe, Wade, Dobbs, Justice Ginsburg, “ I’ve, Jimmy Carter, Clinton, ” Roberts, Dick Cheney, “ …, Scalia, Cheney, ‘, David, Joe Biden, I’ve Organizations: CNN, Democrat, Jackson, Health Organization, Chicago Lawyers ’, Civil, Law, National Committee, Department of Health, Education, Welfare, DC Circuit, US Department of Justice, Northwest Austin, Civil Rights Movement, Court, Supreme Locations: County, Washington, Shelby County, Northwest, Northwest Austin

☆ Israel gave Biden his worst news yet: the war in Gaza could last past the election
▼ + stars: | 2024-05-29 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +1 min

Israel expects its war against Hamas to last months more — past the US election. That could keep the war in Gaza at the top of voters' minds. Biden's support for Israel is causing him to lose traction among young voters, polls show. AdvertisementA top Israeli official says the war in Gaza should last at least through the end of the year. And that's potentially terrible news for Joe Biden's presidential campaign, which has been struggling to shore up support among young voters who criticize his support of Israel.

Persons: Israel, —, Joe Biden's, Tzachi Hanegbi Organizations: Hamas, Service, Israel's National, Associated Press, Business Locations: Gaza, Israel

☆ Gen Z wants work flexibility almost as much as they want fair pay
▼ + stars: | 2024-05-29 | by ( Tim Paradis | ) www.businessinsider.com time to read: +1 min

Young workers value job flexibility nearly as much as competitive pay, a survey showed. Gen Zers prioritize flexibility for work-life balance, research indicates. Most Gen Zers prefer in-person or hybrid work setups over fully remote work. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementFor some young workers, having flexibility in their jobs is nearly as important as how much they get paid.

Persons: Zers, — Organizations: Service, Business

☆ The work perk that GenZ really wants
▼ + stars: | 2024-05-29 | by ( Tim Paradis | ) www.businessinsider.com time to read: +1 min

Persons: Zers, — Organizations: Service, Business

☆ 'Shark Tank' star Kevin O'Leary said he wants to crowdfund buying TikTok
▼ + stars: | 2024-05-29 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +1 min

Kevin O'Leary said on Tuesday that he wants to crowdfund buying TikTok. The move comes after US lawmakers agreed on a plan to ban Chinese-owned TikTok unless it is sold. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . The "Shark Tank" investor said on Tuesday that he set up a crowdfunding website to gauge interest in collectively buying the social media platform. The site allows anyone to "reserve" spots to become investors in the potential US version of TikTok.

Persons: Kevin O'Leary, Frank McCourt, Steven Mnuchin, —, It's Organizations: Los Angeles Dodgers, Service

☆ Prisoners are using VR to prepare them for life after release
▼ + stars: | 2024-05-29 | by ( Clare Duffy | ) edition.cnn.com time to read: +7 min

Jessup, Maryland CNN —In her first week of job training, Tiffany Joseph Busch learned how to do an oil change. Instead, she learned in a virtual garage, using a Meta Quest virtual reality headset. In addition to MCIW, the nonprofit is also piloting the VR auto technician training program in correctional facilities in Texas and Virginia. Mackenzie Happe/CNNBut is it really possible to learn how to fix a car in virtual reality without ever interacting with a real vehicle? Carpenter said she feels “100% confident in my abilities.”And Schwartz said he’s certain about the potential for VR training, too.

Persons: Maryland CNN —, Tiffany Joseph Busch, ”, Busch, “, ” Busch, it’s, MCIW, they’re, Martin Schwartz, Schwartz, Carolyn Scruggs, Maryland’s, Tiffany Busch, Mackenzie Happe, Danielle Cox, ” Cox, Tire, Meagan Carpenter, ” Meagan Carpenter, Carpenter, they’ve, … We’re Organizations: Maryland CNN, Busch, Maryland Correctional Institution, Women, CNN, Vehicles, CNN Auto, Napa Auto Parts, AAA, HTX Labs, US Air Force, VR, Women’s Correctional Institute, Department of Labor, Maryland Department of Public Safety, Correctional Services, MCIW, Automotive, Women's VR Locations: Jessup, Maryland, Baltimore, United States, Napa, Texas, Virginia

☆ Rivers in Alaska are turning orange. It’s an ‘unexpected consequence of climate change’
▼ + stars: | 2024-05-29 | by ( Fabiana Chaparro | ) edition.cnn.com time to read: +4 min

CNN —Rivers and streams in Alaska are changing color – from a clean, clear blue to a rusty orange – because of the toxic metals released by thawing permafrost, according to a new study. Ken Hill/National Park ServiceArctic soils naturally contain organic carbon, nutrients and metals, such as mercury, within their permafrost, the study says. “It’s really an unexpected consequence of climate change.”Researchers used satellite imagery to determine when the change in color happened at different rivers and streams. In Alaska’s Arctic rivers alone reside a variety of fish that are “critical for subsistence, sport, and commercial fisheries,” researchers wrote. Poulin said local communities voiced their concerns and observations to study researchers beginning seven years ago.

Persons: CNN —, “ We’re, ”, Brett Poulin, Ken Hill, Poulin, “ It’s Organizations: CNN, National Park Service, University of California, Geological Survey, Communications, Environment, UC Davis, Park Service, Water Resources Research Locations: CNN — Rivers, Alaska, Davis, Alaska’s, California, Appalachia, Alaska's Gates, Alaska’s Gates, Park Service Alaska, Chilean, Spain

Search resuls for: "Us"

25 mentions found