DIRS.INFO The most relevant business & tech news

The usual seasonal pattern for the spot price is a rally heading into the northern winter and summer peak demand periods, followed by a lull in the shoulder seasons in between. This figure already exceeds the 20.22 million metric tons from October last year and is likely to be revised upwards as more cargoes are assessed. Demand in top importer Japan is still following the usual seasonal pattern, which generally sees soft arrivals in October followed by strength as the colder weather arrives. India's imports have been trending higher, with September arrivals of 2.15 million metric tons the most since October 2021. Europe's LNG imports are also showing signs of life, with Kpler estimating October arrivals at 8.58 million metric tons, up from 7.4 million in September.

Persons: Snow, Gary Cameron, Wheatstone, Lincoln Organizations: REUTERS, Rights, Japan, LNG, El, Chevron, Reuters, Thomson Locations: Lusby , Maryland, Rights LAUNCESTON, Australia, Asia, Ukraine, China, Japan, South Korea, Europe, EUROPE, El Nino, Western Australia, Israel, Persian, Qatar, United States

☆ These are the 10 most undervalued real estate markets in America right now, according to a housing data provider
▼ + stars: | 2023-09-14 | by ( James Faris | ) www.businessinsider.com time to read: +4 min

Price growth for US homes bounced back this summer from its lowest level in over a decade, according to a new report from real estate data provider CoreLogic. Rising mortgage rates have hurt mortgage demand. 10 undervalued markets for homebuyers to look in nowIn addition to sharing their latest Home Price Index report, CoreLogic also shared exclusive data with Insider about which US housing markets are most undervalued right now. Below are 10 undervalued metropolitan areas in the US, according to CoreLogic, along with each's home price index change from the last 12 months as of July and forecasted home price index change. The cities are listed in descending order by expected home price index change.

Persons: Price, Selma Hepp, Hepp, CoreLogic Organizations: Mortgage, New, West : Locations: California , Washington, Massachusetts, Miami , Florida, St, Louis , Missouri, Detroit , Michigan, Northeast, Vermont, New Hampshire, New Jersey, West, West : Idaho, Nevada, Montana, Washington, Arizona, Utah, Oregon, Colorado, Texas, Wyoming, California, CoreLogic

☆ The Dungeons & Dragons Players of Death Row
▼ + stars: | 2023-08-31 | by ( Keri Blakinger | ) www.nytimes.com time to read: +2 min

By October, at age 20, he was on death row. Back then, death row for men was located in a prison near Huntsville, where hundreds lived in tiny cells. Roughly 200 people are on death row in Texas today, less than half the peak population in 1999. While fewer prisoners arrive on death row each year, they languish there far longer. In the early 1980s, prisoners across the country spent an average of six years on death row before they faced execution.

Persons: Ford, “ Locations: Huntsville, Texas

Their new platform is cryptocurrency exchange Coinbase Global (COIN.O), which on Aug. 16 became the first crypto-focused firm to win approval to offer cryptocurrency futures to U.S. retail customers. Yet, trading volumes in derivatives decreased by nearly 13% in July to $1.85 trillion, the lowest monthly volume since December 2022 and second lowest derivatives trading volumes since 2021, research firm CCData reported. Derivatives made up 78.2% of the total cryptocurrency trading volume on centralized exchanges in July, CCData reported. Spot cryptocurrency trading volumes also fell 10.5% to $515 billion in the same period, CCData showed. This essentially means that there is potential for growth in derivatives trading.

Persons: Dado Ruvic, Lucas Kiely, languish, disinclined, Todd Groth, CCData, Dessislava Aubert, Lisa Mattackal, Medha Singh, Sumanta Sen, Vidya Ranganathan, Mark Potter Organizations: REUTERS, Derivatives, Research, Reuters, Thomson Locations: United States, Bengaluru

☆ A look at single-stock ETFs one year in
▼ + stars: | 2023-08-19 | by ( Kevin Schmidt | ) www.cnbc.com time to read: +3 min

GraniteShares rolled out its first batch of single-stock ETFs in August 2022 with products tracking mainstay names Tesla, Apple and Coinbase. While its 1.25x Long Tsla Daily ETF (TSL) and 1.75x Long AAPL Daily ETF (AAPB) have logged considerable gains in 2023, the Coinbase rally has pushed its 1.5x Long COIN Daily ETF (CONL) up 123% year to date. Because single-stock products are leveraged, Rhind said that the products lend themselves more to short-term activity and exposures. GraniteShares 1.5x Long NVDA Daily ETF (NVDL) has emerged as the outperformer of the firm's lineup, up more than 349% this year. Nadig added that investors can expect to see more single-stock ETFs coming to the market, but it's up to investor interest and market trends to ultimately bolster activity.

Persons: Will Rhind, Courtney Reagan, Rhind, Dave Nadig, Nadig Organizations: Apple

☆ EV battery imports face scrutiny under US law on Chinese forced labor
▼ + stars: | 2023-08-17 | by ( Nichola Groom | ) www.reuters.com time to read: +6 min

More than a year of enforcement of the Uyghur Forced Labor Prevention Act (UFLPA) has already stymied development of solar energy projects as detained panel shipments languish in U.S. warehouses. When shipments are detained, CBP provides the importer with a list of examples of products from previous reviews and the kind of documentation required to prove they are not made with forced labor, CBP told Reuters. "The timing of these changes does not reflect any specific changes in strategy or operations," a CBP spokesperson said in a statement, adding that the list of eight product types was "not exhaustive." In a report to Congress last month on UFLPA enforcement, CBP listed lithium-ion batteries, tires, "and other automobile components" among the "potential risk areas" it was monitoring. The stepped-up focus on automakers follows a study by Britain's Sheffield Hallam University published in December that said nearly every major automaker has exposure to products made with forced labor in Xinjiang.

Persons: Janet Yellen, Mark Schiefelbein, Dan Solomon, Chevalier, Solomon, Britain's, Ron Wyden, Wyden, we've, Tesla, Brandon Daniels, Nichola Groom, David Shepardson, Jan Schwartz, Daniel Leussink, Matthew Lewis Organizations: Reuters, U.S . Customs, Border Protection, Beijing, Uyghur, Labor, U.S . Solar Energy Industries Association, Biden, CBP, Miller, Britain's Sheffield Hallam University, U.S, Senate, Benz, Volkswagen, Friedrichshafen AG, Bosch, General Motors, Honda, Toyota, Continental AG, Thomson Locations: United States, Diaoyutai, Beijing, China, Xinjiang, U.S, Detroit, UFLPA, Los Angeles, Washington, Hamburg, Tokyo

[1/3] Workers and supporters of the Writers Guild of America protest outside Universal Studios Hollywood in the Universal City area of Los Angeles, California, U.S., May 3, 2023. REUTERS/Mario Anzuoni//File PhotoLOS ANGELES, Aug 9 (Reuters) - The Hollywood writers' strike marks 100 days on Wednesday with contract talks stalled and people on the picket lines protesting what they describe as a disregard for their demands. Writers also sought to regulate the use of artificial intelligence, which they fear could replace their creative input. Reuters reported that Disney has created a task force to study artificial intelligence and how it can be applied across the entertainment conglomerate, signaling its importance. "When it comes to artificial intelligence, it is an existential crisis.

Persons: Mario Anzuoni, David Zaslav, Dawn Prestwich, Prestwich, assailing, Bob Iger, we're, Jamey Perry, Steven J, Ross, Dawn Chmielewski, Danielle Broadway, Mary Milliken, Sandra Maler Organizations: Workers, Writers Guild of America, Universal Studios Hollywood, REUTERS, Hollywood, Entertainment, Warner Bros Discovery, Screen Actors Guild, SAG, WGA, Alliance, Television Producers, Hope, Walt Disney, Reuters, Disney, University of Southern, Thomson Locations: Universal City, Los Angeles , California, U.S, Hollywood, University of Southern California, Los Angeles

Americans held over $1 trillion in credit card debt in the second quarter of 2023, a new record. The rise in credit card debt helped push total household debt to a record-high $17.06 trillion. For the last seven quarters, credit card balances have grown year over year amid strong consumer spending despite high prices. Despite these record-high credit card balances, there are some silver linings. Are you dealing with an untenable amount of credit card debt, or worried about student loan payments restarting?

Persons: Bankrate, Courtney Alev, Alev, Donald Trump, Joe Biden, Biden, Ted Rossman, Rossman Organizations: Federal Reserve Bank of New, Service, Privacy, New York Fed, Credit Karma, Fed, Consumer Financial, Bureau, Education Department, New, jkaplan Locations: Federal Reserve Bank of New York, Wall, Silicon, It's, York

☆ State court tells New York City to spell out needs in migrant crisis
▼ + stars: | 2023-08-04 | by ( Rachel Nostrant | ) www.reuters.com time to read: +2 min

Recently arrived migrants to New York City wait on the sidewalk outside the Roosevelt Hotel in midtown, Manhattan, where a temporary reception center has been established in New York City, New York, U.S., August 1, 2023. REUTERS/Mike Segar/File PhotoNEW YORK, Aug 4 (Reuters) - A New York State Supreme Court judge on Friday ordered the city of New York to spell out what it needs from the state to solve its migrant housing crisis, ratcheting up pressure on authorities struggling to respond as thousands of migrants seek refuge in the city. The order by New York State Supreme Court Judge Erika Edwards came after a hearing the Legal Aid Society and the Coalition for the Homeless had asked the court to hold Friday, citing a 1981 consent decree under which the city and the state must shelter those in need. Edwards gave the city until Wednesday to identify state facilities and resources it needs to provide appropriate shelter. Following the court order, the New York City mayor's office said the city needed state and federal support to address a crisis, without offering specifics.

Persons: Mike Segar, Erika Edwards, Edwards, Kathy, Hochul, Dave Giffin, Eric Adams, Rachel Nostrant, Donna Bryson, Deepa Babington Organizations: REUTERS, New York, Aid Society, Coalition, Homeless, Reuters, New, Thomson Locations: New York, midtown , Manhattan, New York City , New York, U.S, New, York City, New York City

☆ Every Hollywood company is having a terrible summer except Netflix, whose global content machine should help it ride out the actors' strike: 'They just aren't worried'
▼ + stars: | 2023-07-24 | by ( Lucia Moses | ) www.businessinsider.com time to read: +4 min

But one company that doesn't seem to be sweating it too much is Netflix. And for all of June , Netflix signed up 3.5 million subscribers, the service's best month since Antenna started measuring it. Netflix's robust global content machine should also help it ensure subscribers still see plenty of fresh content during the strike, at least for the near term. Many writers blame Netflix for making it harder to make a living as a result, one of the conditions that led to the strike. Subs growth for Netflix is increasingly coming from overseas, where lower pricing power could cut into its average revenue per user.

Persons: execs, We've, It's, Mark Mahaney, Wedbush, LightShed, gripes, Jefferies Organizations: Netflix, Hollywood, Disney, Warner Bros, Evercore, LightShed Partners, Microsoft Locations: Hollywood, Netflix's

☆ It's hard to see how weaker Chinese developers will regain homebuyer confidence, says analyst
▼ + stars: | 2023-07-18 | 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 EmailIt's hard to see how weaker Chinese developers will regain homebuyer confidence, says analystSandra Chow, co-head of Asia-Pacific research at CreditSights, says there's an "increasing bifurcation" in China's property sector — between strong and state-linked developers and smaller ones that are "left to languish."

Persons: Sandra Chow Locations: Asia, Pacific, China's

☆ Every Hollywood company is having a terrible summer except Netflix, whose global content machine will help it ride out the actors' strike: 'They just aren't worried'
▼ + stars: | 2023-07-18 | by ( Lucia Moses | ) www.businessinsider.com time to read: +4 min

Netflix's password-sharing crackdown and ad tier are starting to pay off, and over time they can provide a revenue boost. Netflix's robust global content machine should also help it ensure subscribers still see plenty of fresh content during the strike, at least for the near term. Analysts will be looking for more color from Netflix on how subscribers are responding to the password-sharing crackdown and ad tier. And if the strike drags on, Netflix will be impacted at some point by the dearth of new content. Analysts will be waiting to hear if and how Netflix plans to change its content strategy accordingly.

Persons: We've, It's, Mark Mahaney, Wedbush, LightShed, gripes, There's, Jeffries Organizations: Netflix, Hollywood, Disney, Warner Bros, Evercore, LightShed Partners, Microsoft Locations: Netflix's, Hollywood

☆ Mothers accused of harming their babies are turning to the same science that freed Kathleen Folbigg
▼ + stars: | 2023-06-17 | by ( Hilary Whiteman | ) edition.cnn.com time to read: +17 min

Confirmation of a likely genetic cause for the children’s deaths has implications far beyond Australia for parents who have been accused of killing or harming their babies. The advances in genetic testing used to free Folbigg are giving other families hope that science may explain why their children have died, but experts say sometimes even that can’t exonerate parents – often mothers – accused of harming them. How the science is helping othersOne of the lead authors of the study, Professor Carola Vinuesa, says that Folbigg’s case has encouraged other families and lawyers to come forward, seeking genetic evidence to clear mothers accused of harming their babies. Some mothers accused of injuring their children are seeking a genetic explanation for their symptoms to counter claims of child abuse, she said. “The majority of these mothers have not harmed their children, but the children have these very rare conditions.

Persons: Australia CNN — Kathleen Folbigg, Folbigg, seeped, don’t languish, ” Folbigg, –, Kathleen Folbigg, Caleb, Patrick, Sarah, Laura, Folbigg’s, Craig, Emma Cunliffe, ”, Cunliffe, Roy Meadow, ” Cunliffe, Sharmila Betts, Betts, there’s, Reginald Blanch, she’d, – Caleb, Patrick –, Tom Bathurst, Carola Vinuesa, I’ve, we’ve, Meadow, Francis Crick, Carola Vinuesa's, Michael Bowles, Helen Hayward, Brown, “ It’s, Hayward, they’ve, aren’t, George W Bush, Tracy Chapman, she’s, Chapman, “ I’ve, We’ve, “, ” Chapman, Stringer, Rhanee Rego, Andrew Dyer, Dyer, Michael Daley, Mr Bathurst, Mark Dreyfus, I’ll Organizations: Australia CNN, New South, CNN, ” Police, University of British Columbia’s Allard School of Law, “, NSW, BSN, ABC, Child, Francis Crick Institute, Concorde, MySpace, Reuters, Australian Academy of Science, Law Council, Sydney Institute of Criminology, Australian Lawyers Alliance Locations: Brisbane, Australia, New South Wales, British, United Kingdom, Canada, London, United States, Iraq, Coffs Harbour , New South Wales, Reuters Bathurst, Scotland, Norway, New Zealand

Nominal wage growth is the strongest in two years, economic growth is weak, and these stagflationary pressures are being sustained by persistently low productivity. This lifted the two-year yield some 43 basis points (bps) above the 10-year yield, the most inverted yield curve since 2008. The longer end of the UK yield curve is feeling the squeeze too, with the UK-German 10-year yield spread widening above 200 bps. But traders are now pricing in a peak BoE terminal rate of 5.75% early next year, above the implied Fed peak of around 5.375% later this year. That's another 125 bps of rate hikes on top of the 440 bps of tightening already delivered in the last 18 months.

Persons: BoE, Liz Truss, That's, Sterling, stagflation, Paul Johnson, Jamie McGeever, Jamie Freed Organizations: Bank of England's, Federal Reserve, Deutsche Bank, International Monetary Fund, Institute for Fiscal, HSBC, Reuters, Thomson Locations: ORLANDO, Florida, Britain, U.S, Canada, Japan, United States

☆ Tiananmen Square masacre anniversary: vigils go global as authorities in China and Hong Kong stamp out remembrance
▼ + stars: | 2023-06-03 | by ( Chris Lau | ) edition.cnn.com time to read: +10 min

“I think it’s sad to say that what Beijing and Hong Kong are doing is trying to erase history and the memory,” said Kevin Yam, a former lawyer in Hong Kong, who will be attending a ceremony in Melbourne, Australia, where he now resides. “Hong Kong has been carrying the torch for commemorating the Tiananmen massacre, keeping the legacy alive. When the museum was shut down, with the Hong Kong alliance’s leaders in prison, we knew it was a critical moment,” he said. Thousands gathered at a candlelit vigil in Hong Kong on June 4, 2017, to mark 28 years since China's bloody Tiananmen Square crackdown. “It is true that the commemorations around June 4th have expanded and become more global since it has become impossible to do anything in Hong Kong,” he told CNN.

Persons: Tyrone Siu, Hong Kongers, ”, Kevin Yam, Zhou, Zhou Fengsuo, Wang Dan, Hong Kong’s, “, Hong Kong, Isaac Lawrence, Chris Tang –, –, Louise Delmotte, Richard Tsoi, Catherine Henriette, Jens Galschiot, Anthony Kwan, Kongers Organizations: Hong Kong CNN, Communist Party, Reuters, CNN, Hong, People’s Liberation Army, Authorities, Getty, Victoria Park, Chinese Communist Party, Hong Kong Alliance, Police, . Police, of, Los, “, Britain –, London Locations: Hong Kong, China, Victoria, Beijing, Australia, Japan, Taiwan, Europe, United States, Canada, Melbourne, New York, York, “ Hong Kong, Hong, AFP, Tiananmen, Berlin, Danish, Germany, Los Angeles, Boston, Norway, Causeway, Britain, Nottingham, Manchester, London

☆ With Psych Wards Full, Mentally Ill Accused of Crimes Languish in Jail
▼ + stars: | 2023-05-29 | by ( Dan Frosch | Elizabeth Findell | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/with-psych-wards-full-mentally-ill-accused-of-crimes-languish-in-jail-baee0279

☆ Investors would be wise to heed these lessons from the 'retail apocalypse' as office values reset
▼ + stars: | 2023-05-14 | by ( Christina Cheddar Berk | ) www.cnbc.com time to read: +7 min

Still, it is also true that a lot of disruption occurred in between the events that prompted the "apocalypse" chatter and the firmer ground where retail real estate stands today. Recalling how these events played out is helpful in understanding the situation facing U.S. office properties. For office buildings, the pandemic knocked things out of whack. The same idea is being discussed for office buildings, but one-size will not fit all. There may be no surprise that there has been a huge drop-off in the number of loans with office properties as collateral since March.

☆ Thousands of Afghans escaped the Taliban with the help of private veteran groups. Today, many remain in limbo in the UAE
▼ + stars: | 2023-05-07 | by ( Haley Britzky | ) edition.cnn.com time to read: +18 min

Several thousand were brought there by the State Department directly from Kabul and have since been relocated to the US or Canada. Consequently, thousands of Afghans evacuated by private groups were left in a legal limbo with seemingly no clear path to the US – or anywhere else. It was unclear whether that documentation is sufficient for what the State Department has required. The first two groups were evacuated from the Hamid Karzai International Airport in Kabul in August 2021 by both the State Department and private groups working independently. In her responses to CNN, Tekach said the State Department “had limited information” about refugees who came on those separate flights.

☆ Before Trial in Russia, Defendants Can Spend Months Behind Bars
▼ + stars: | 2023-04-27 | by ( Matthew Luxmoore | Louise Radnofsky | ) www.wsj.com time to read: 1 min

Illustration: Todd JohnsonThe arrest of Wall Street Journal reporter Evan Gershkovich has thrown a spotlight on a Russian judicial system in which defendants often languish for months in detention even before a trial while prosecutors are granted time to build their case. Mr. Gershkovich, a 31-year-old U.S. citizen, was arrested on March 30 on an espionage allegation. The Journal and the U.S. government have vehemently denied the allegation and have demanded his immediate release. The U.S. has said he isn’t a spy.

☆ A drug company abandoned a treatment for ‘bubble boy disease.’ After a 5-year fight, this little girl is about to get it
▼ + stars: | 2023-04-27 | by ( Elizabeth Cohen Lauren Mascarenhas | Elizabeth Cohen | Lauren Mascarenhas | ) edition.cnn.com time to read: +29 min

The Sulacks weighed their options: Have a transplant with a match that was less than ideal – far less – or wait for gene therapy to become available. The news release didn’t say anything else about the SCID gene therapy. Or was the company abandoning its plans for SCID gene therapy altogether? In February, 2021, the parents of more than 20 children who were waiting for the gene therapy treatment, including the Sulacks, wrote a letter to Gaspar. Insurance companies have sometimes balked at paying for gene therapy, which is typically given in one treatment.

☆ Are Butterflies Wildlife? Depends Where You Live.
▼ + stars: | 2023-03-04 | by ( ) www.nytimes.com time to read: +10 min

The creatures are simply left out of state conservation statues, or their situation is ambiguous. “State agencies are really at the forefront of conservation for wildlife,” said Scott Black, executive director of the Xerces Society, a nonprofit group that advocates for insect conservation. Sometimes, aquatic insects come under the purview of state wildlife agencies. But across the states without insect authority, officials are often reluctant to broach adding it, Mr. Winton said. Seven of the states without insect conservation authority are in the West, which has felt the effects of climate change intensely.

☆ How Elon Musk Ruined Tesla, Let Other Car Companies Catch up on EVs
▼ + stars: | 2023-02-26 | by ( Nora Naughton | ) www.businessinsider.com time to read: +12 min

"I feel stupid driving around with my brand-new Tesla Model Y," Mark told me. Tesla spent the past two decades defying expectations and disrupting the automotive industry, but in 2023 the once revolutionary car company did the seemingly unthinkable: It turned fanboys against it. But after years of rocketing ahead of legacy car companies' tech, the futuristic guts of Tesla's vehicles have started to go stale. Companies like Ford and Audi are changing their sales strategies to model Tesla's innovative direct-sales style. These companies have something Musk doesn't: nationwide networks of brick-and-mortar locations where customers can have their vehicles serviced and repaired.

☆ Ex-Google employee says the 'once-great company has slowly ceased to function' because of 4 core cultural problems
▼ + stars: | 2023-02-16 | by ( Sindhu Sundar | ) www.businessinsider.com time to read: +3 min

Ex-Googler Praveen Seshadri wrote on Medium that employees are "trapped in a maze" of bureaucracy. Seshadri said Google's issues boil down to four "core cultural problems." Even small product changes go through the rigor of a "NASA space launch," he wrote, calling out what he said were fundamental issues within the company, and declaring that "a once-great company has slowly ceased to function." He enumerated the company's "four core cultural problems" as being "no mission, no urgency, delusions of exceptionalism, mismanagement." Seshadri also critiqued Google employees in his post, calling MemeGen "a wallow chamber," and said that griping on it "doesn't help anything."

☆ PwC isn't panicked about this 'economic pessimism' — in fact, one exec thinks it's an opportunity
▼ + stars: | 2023-02-12 | by ( Tim Paradis | Josée Rose | ) www.businessinsider.com time to read: +5 min

"No management team gets paid to languish," Bricker told Insider. For some top execs, the need to look further ahead is an existential one: Nearly 40% of surveyed CEOs told PwC that they didn't think their organization would be economically viable in a decade without transforming. That's because efforts around diversity could help a company's workforce perform better, and sustainability investments can help companies boost revenue and shave costs. "The strategies that I see business leaders really starting to focus on is not viewing sustainability as a luxury good, but as an essential element of business," Bricker said. The idea of sparing workers where possible aligns with what CEOs told PwC in the survey, which gathered responses from some 4,440 business heads in October and November.

☆ Here are Thursday's biggest analyst calls: Exxon, Disney, Tesla, Apple, Affirm, Ulta, Alphabet & more
▼ + stars: | 2023-02-09 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Baird downgrades Bunge to neutral from outperform Baird downgraded the agribusiness and food company's after its disappointing earnings report on Wednesday. JPMorgan reiterates Uber as a top pick JPMorgan says it's sticking with the stock after its "strong" earnings report on Wednesday. Goldman Sachs reiterates Exxon as buy Goldman says it's sticking with its buy rating on shares of Exxon. Bank of America reiterates Apple as neutral Bank of America says Apple Services are at risk for further deceleration. Oppenheimer reiterates Ulta as outperform Oppenheimer says the bull case still has legs" for Ulta.

Search resuls for: "languish"

25 mentions found