DIRS.INFO The most relevant business & tech news

☆ I'm a Barbie girl who almost got tricked by a plastic-free hoax
▼ + stars: | 2023-08-03 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +5 min

A fake campaign by environmental activists said Barbie-maker Mattel would go plastic-free by 2030. Outlets like People, The Washington Times , and Dow Jones Newswires reported that Mattel, the maker of Barbie and other toys like American Girl dolls and Hot Wheels, would go plastic-free by 2030. "With our plastic-free commitment, we denounce the empty promises of plastic recycling and take a bold step towards real ecological sustainability. By the end of the day, Yahoo News had the exclusive on the team behind the stunt : The Barbie Liberation Organization. The stunt did make me envision what seaweed Barbie would look like — but it's unclear if that's possible.

Persons: Barbie, I've, that'd, Dow Jones Newswires, Greta Thunberg, Daryl Hannah, Instagram, Hannah, Hannah didn't, Ynon Kreiz, Mattel, Igor Vamos, Mike Bonnaro, Vamos, Adam McKay Organizations: Mattel, Service, The Washington Times, Yahoo News, Liberation Organization, Barbie Liberation Organization, Dot Studios Locations: Russian

☆ Here's how to invest $100,000 right now, according to billionaire Mike Novogratz
▼ + stars: | 2023-08-01 | by ( Filip De Mott | ) www.businessinsider.com time to read: +2 min

Billionaire Mike Novogratz would put $100,000 in Alibaba stock, silver, gold, ether, and bitcoin. That advice is for young and risk-tolerant investors, he told David Rubenstein on Bloomberg TV. But for more risk-averse investors, Novogratz said they should mainly focus on bonds. I'd be buying silver, gold, bitcoin and ethereum. His preferred assets have made gains year to date, with Alibaba up 12%, gold 7.7%, silver 3.5%, ether 52.5%, and bitcoin 74.4%.

Persons: Mike Novogratz, David Rubenstein, Novogratz, That'd, bitcoin, Larry Fink's, Fundstrat Organizations: Bloomberg, Service, Privacy, Galaxy Digital Locations: Wall, Silicon, Beijing, BlackRock

☆ CNBC Daily Open: Powell’s conference had something for everyone
▼ + stars: | 2023-07-27 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +4 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. Muted markets U.S. markets reacted little to the Fed's rate hike. A much-anticipated Fed hike The Federal Reserve hiked by 25 basis points , taking rates to a target range of 5.25% to 5.5%, the highest since 2001. However, Chair Jerome Powell left the door open to a subsequent rate hike, saying the central bank will make decisions "meeting by meeting."

Persons: America —, Jerome Powell, —, Powell, Frances Donald, Dow, CNBC's Fred Imbert, that'd Organizations: CNBC, Reserve, CNBC Pro, Wall, Revenue, Reality Labs, Dow Jones, CAC, Federal, Manulife Investment Management, Nasdaq, Dow Locations: America

☆ CNBC Daily Open: Powell’s conference had something for bulls and bears
▼ + stars: | 2023-07-27 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +5 min

Al Drago | Bloomberg | 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. However, Chair Jerome Powell left the door open to a subsequent rate hike, saying the central bank will make decisions "meeting by meeting." At his post-meeting press conference, Chair Jerome Powell, in other words, deftly negotiated expectations from market bulls and bears, and somehow managed to reaffirm the case of both camps. The "hawkish" part will please the bears, while the "hold" portion will appeal to the bulls.

Persons: Jerome Powell, Al Drago, Hong, Mukesh Ambani, Dow, that's, —, Powell, Frances Donald, CNBC's Fred Imbert, that'd Organizations: US Federal Reserve, Market, Bloomberg, Getty, CNBC, Federal, Dow Jones, Samsung Electronics, Wall, Revenue, Reality Labs, BlackRock, India BlackRock, Jio Financial Services, CNBC Pro, Manulife Investment Management, Nasdaq, Dow Locations: Washington , DC, Asia, Pacific, Indian

☆ Evergrande's liabilities, depleted coffers raise business viability concerns
▼ + stars: | 2023-07-18 | by ( Clare Jim | ) www.reuters.com time to read: +4 min

The firm announced an offshore debt restructuring plan in March, expecting it to facilitate a gradual resumption of operations and generation of cash flow. Total cash slumped to 14.3 billion yuan, versus 28.8 billion yuan in 2021 and 180.7 billion yuan in 2020. OFFSHORE DEBTCreditors and analysts are now waiting for the convening hearings for Evergrande's offshore debt restructuring schemes in the hope to get more clarity on its business outlook. A company risks being delisted in Hong Kong if its shares remain suspended for 18 months. Hong Kong Stock Exchange said it does not comment on individual companies as a policy.

Persons: Charles Macgregor, Evergrande, Clare Jim, Himani Sarkar Organizations: HK, Lucror, Evergrande, Services, New Energy Vehicle Group, Prism, Shanghai Limited, Hong Kong Stock Exchange, Thomson Locations: HONG KONG, China, Asia, China's, Hong Kong, Cayman Islands, Prism Hong Kong

☆ How much should you tip on a $20 food delivery? A DoorDasher went viral for saying a $5 isn't enough. We asked 10 drivers.
▼ + stars: | 2023-07-09 | by ( Lakshmi Varanasi | Will Gendron | ) www.businessinsider.com time to read: +5 min

DoorDash recently fired a driver after he cursed at a woman for tipping $5 on a $20 order. It comes as more businesses are asking customers to tip at cash registers and even at self-checkout stations. In a blog post from 2019, Grubhub suggested customers tip 20% — and consider adding more if it's an extra-big order, or if there's bad weather. That means the woman who tipped $5 on her $20 DoorDash order — which is a 25% gratuity — actually gave quite a good tip, drivers said. "A $5 tip on a $20 order?

Persons: DoorDash, Casa, —, Grubhub, Alberto Mendes, they've, Olam, Mendes, Covid, Juan, he's Organizations: Service, Starbucks, Google Locations: New York City, Wall, Silicon, Casa Bonita, Manhattan, That's

☆ Fans get inked for lasting impressions of Wimbledon
▼ + stars: | 2023-07-07 | by ( Christian Radnedge | ) www.reuters.com time to read: +2 min

A local tattoo studio has taken the opportunity of its proximity to the All England Club by offering walk-in appointments throughout the two weeks of the tournament, having heavily advertised on social media in the build-up. Those getting inked will not even have to worry about missing any play as screens inside the studio will be showing the action from the tournament. "We've had loads of people from all over, I had someone from China messaged me saying they wanted a Wimbledon tattoo, as in the tennis rackets," Wimbledon Tattoo Studio co-owner Jack McGoldrick told Reuters at the All England Club. "We had someone from America that wanted a Wimbledon theme tattoo, a tennis ball saying SW19 in it. We said yeah, we'll do a discount on anything that's tennis related, because obviously it promotes the shop and because we're round the corner from Wimbledon."

Persons: Jack McGoldrick, Novak Djokovic, Iga, We're, we'd, they're, Roger Federer, Tim Henman, McGoldrick, Henman, Christian Radnedge, Ed Osmond Organizations: Wimbledon, All England Club, Reuters, All England, Thomson Locations: China, America, Wimbledon, London, England, British

☆ 8 money habits that are preventing you from growing your wealth, according to an ex-banker
▼ + stars: | 2023-06-22 | by ( Tim Denning | ) www.businessinsider.com time to read: +10 min

Ex-banker and personal-finance writer Tim Denning says a poor money mindset is what keeps you stuck. You also need to act on investments instead of waiting for the right time and seek out tax savings. I got this poor money mindset from the 2008 recession. "Don't pay in full. When you don't pay, they charge predatory fees and make you poorer.

Persons: Tim Denning, —, Katie, Austin Rief, Austin, Katie Gatti, I've, Cash, Lehman Brothers, you'll, Gordon Ramsay, It's, it's, There's Organizations: Service, Facebook, Morning, doesn't, Navy SEAL, Google, Microsoft, CNBC Locations: Australian

☆ For Wall Street's newest interns, it's important to keep things in perspective no matter how things end up
▼ + stars: | 2023-06-06 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +5 min

Let's take a step backFor Wall Street interns, this week marks the start of their professional lives. So to the Wall Street interns who don't get a return offer in a few months, don't worry, you will too. Read more about Jefferies' Richard Handler explaining how Wall Street interns need to keep perspective. Check out all 15 pieces of advice Handler has for Wall Street interns. We asked our rising stars of Wall Street for some book recommendations.

Persons: Dan DeFrancesco, we've, I've, Richard Handler Jefferies, Richard Handler, Jefferies, Handler, It's, That'd, Guess, Tiffany Haley, Binance, Insider's Navah Maynard, Brandon Snower, Jeffrey Cane, Jack Sommers Organizations: Costco, Jefferies, Wall, Twitter, ESPN, Wall Street, SEC, Vanguard, Nike, LinkedIn Locations: New York, London

☆ Dr. Chatbot will see you now
▼ + stars: | 2023-06-06 | by ( Adam Rogers | ) www.businessinsider.com time to read: +12 min

Almost invariably, the chatbot answers were rated as three or four times as reliable as the ones from the poor wee humans. But here's the most striking part: The chatbot answers, on average, were rated seven times as empathetic as the ones from humans. It's as if the unfeeling android Mr. Data figured out how to convincingly emulate Dr. Crusher's comforting bedside manner. Give those medical chatbots access to people's individual medical records, and they could offer more precisely directed advice. Healthcare AI startups will want the cheapest versions with the most financial bang, which won't necessarily have the best patient outcomes.

Persons: feely, San Diego lurked, I'm, ChatGPT, John Ayers, Ayers, —, chatbot, they're, That's, They're, Teva Brender, Brender, Jonathan Chen, Greg Corrado, isn't, Adam Rogers Organizations: University of California, UC San Diego, Pew Research Center, Harvard, Google, Stanford University School of Medicine, Food and Drug Administration, Healthcare Locations: San Diego, San Francisco

☆ Disney CEO Bob Iger's book hints at how he'll handle company's feud with Ron DeSantis
▼ + stars: | 2023-06-01 | by ( Kimberly Leonard | ) www.businessinsider.com time to read: +13 min

Insider turned to Disney CEO Bob Iger's 2019 book for insight on how he navigates challenges. As Florida's largest attraction with more than 70,000 jobs, Walt Disney World is crucial to both the company and the state. During his first tenure at Disney, Iger orchestrated the $4 billion acquisition of Marvel without a single leak. Under predecessor Disney CEO Michael Eisner, board members said they worried that Marvel was "too edgy" and "would tarnish the Disney brand." File photo of Disney CEO Bob Iger.

Persons: Ron DeSantis, Bob Iger's, Walt, Robert Iger, Iger's, Bob Chapek, DeSantis, Donald Trump, Disney, Iger, Steve Jobs, Jobs, Bob Iger, Chris duMond, Neilson Barnard, Scott Miller, Miller, that'd, Biden, he's, gunning, Charles Sykes, Paul Hennessy, Michael Eisner, Marvel, Harris, There's, Griffin, George Lucas, Roy Disney, Walt Disney's, he'd, they've, Lucas Organizations: Disney, Florida Gov, Morning, Walt Disney, Republican Gov, Walt Disney Co, Walt Disney Company, ABC, Pixar, Marvel Entertainment, LucasFilm, Century Fox, Marvel, Apple, Getty, Democrat, Bloomberg, Walt Disney World, Board, GOP, Reuters, Republicans, Harvard, Independents, Twitter, Bauer, Jobs, iTunes, Lucasfilm Locations: Florida, Orlando, Shanghai, American, China

☆ ChatGPT Secret Training Data: the Top 50 Books AI Bots Are Reading
▼ + stars: | 2023-05-30 | by ( Adam Rogers | ) www.businessinsider.com time to read: +13 min

To figure out what GPT-4 has read, they quizzed it on its knowledge of various books, as if it were a high-school English student. One way to answer the question is to look for information that could have come from only one place. Genre — sci-fi, mystery, romance, horror — is, broadly speaking, more interesting, partially because these books have plots where things actually happen. Bamman's GPT-4 list is a Borgesian library of episodic connections, cliffhangers, third-act complications, and characters taking arms against seas of troubles (and whales). See what a bot makes of Gene Wolfe's "The Book of the New Sun," maybe, or Sheri Tepper's "Grass."

☆ I bought a 720-square-foot cruise ship cabin for $2.5 million. My wife and I plan to live at sea full-time and are excited to make new friends in our 80s.
▼ + stars: | 2023-05-14 | by ( Dan Latu | ) www.businessinsider.com time to read: +5 min

Mike Soroker, 80, and his wife Barbara, 75, purchased a $2.5 million cabin on the MV Narrative. purchased a $2.5 million cabin on the MV Narrative. This as-told-to essay is based on a conversation with Mike Soroker, 80, and his decision to purchase a $2.5 million cabin aboard Storylines MV Narrative, a luxury residential cruise ship, where he and his wife, Barbara, plan to live full-time. The MV Narrative is currently slated to set sail in 2025 and circumnavigate the earth once every three years continuously, with stops in ports across the globe. A rendering of a one of the cabins on the MV Narrative from cruise company Storylines.

☆ Stocks stumble in jittery mood ahead of US inflation
▼ + stars: | 2023-05-10 | by ( Tom Westbrook | ) www.reuters.com time to read: +4 min

S&P 500 futures were steady and European futures rose 0.1%. "That's the thing that'd get taken out if CPI numbers come in on the higher side," said ING economist Rob Carnell. "It doesn't look particularly sensible if inflation is falling at too slow a rate and that could feed through into higher longer-term treasury yields as well." Interest rate futures imply about a 60% chance the Federal Reserve cuts rates in September, according to the CME FedWatch tool. "But the debt ceiling drama, and market participants’ focus on rate cuts is unlikely to change much from one CPI report.

☆ Stocks stumble as investors' nerves show ahead of US inflation data
▼ + stars: | 2023-05-10 | by ( Tom Westbrook | ) www.reuters.com time to read: +4 min

SINGAPORE, May 10 (Reuters) - Stocks were struggling to advance in Asia and the dollar was firm on Wednesday ahead of U.S. consumer price data that could damage hopes for interest rate cuts later this year if inflation fails to show much of a decline. Overnight the S&P 500 (.SPX) fell 0.5% and S&P 500 futures were steady in the Asian morning. A firm U.S. dollar pushed the euro back below $1.10 to $1.0971. Treasuries were broadly steady overnight, though debt-ceiling brinkmanship is warping the bills market as investors avoid bills maturing early in June. The dollar was also firm at 135.14 yen and has lifted slightly from recent lows on the Aussie , kiwi and sterling .

☆ Tucker Carlson told a Fox News makeup artist she's a 'good sport' for answering his questions about what women do in the bathroom
▼ + stars: | 2023-05-05 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +2 min

Tucker Carlson once asked a Fox News makeup artist if women have "pillow fights" in the bathroom. Carlson told the woman she was a "good sport" for answering his questions in the leaked video. Tucker Carlson told a Fox News makeup artist she's a "good sport" for answering his bizarre questions about what women do in the bathroom. At the end of the encounter, Carlson tells her, "You are such a good sport. The strange exchange is the latest in Media Matters' series of stories revealing leaked on-set comments from Carlson.

☆ The creator economy is a $250 billion market, according to Goldman Sachs analysts. Here are 4 other takeaways from their 30-page report.
▼ + stars: | 2023-05-01 | by ( Marta Biino | ) www.businessinsider.com time to read: +6 min

Goldman Sachs released in April a report that maps out the creator economy. The firm estimates the creator economy is a $250 billion industry, and could reach $480 billion by 2027. Here are five key takeaways:The creator economy could be worth an estimated $250 billionGoldman Sachs estimates the creator economy represents a $250 billion total addressable market, which could reach about $480 billion by 2027. Investment in creator-economy startups is decliningNot all aspects of the creator economy have grown unfettered. The data reflects total capital raised by companies labeled under the categories "content creator," "creator platform" and "creator economy."

☆ The creator economy could be a $250 billion industry, a Goldman Sachs report says. Here are 4 other takeaways.
▼ + stars: | 2023-05-01 | by ( Marta Biino | ) www.businessinsider.com time to read: +5 min

Goldman Sachs released in April a report that maps out the creator economy. The firm estimates the creator economy is a $250 billion industry, and could reach $480 billion by 2027. As the industry continues to take hold, Goldman Sachs released in April a report that maps out the creator economy, estimating its size and predicting key platform and engagement trends. Here are five key takeaways:The creator economy could be worth an estimated $250 billionGoldman Sachs estimates the creator economy represents a $250 billion total addressable market, which could reach about $480 billion by 2027. The data reflects total capital raised by companies labeled under the categories "content creator," "creator platform" and "creator economy."

☆ AOC says that the Supreme Court could strike down student-loan forgiveness, but that doesn't mean 'all is lost' with debt relief
▼ + stars: | 2023-04-25 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +4 min

The Supreme Court is expected to issue a decision in June on Biden's student-debt relief plan. It depends on the grounds of the ruling and if the court leaves room for an alternate route, AOC said. After Biden announced the relief in August, two conservative-backed lawsuits paused the implementation of the plan in November, and the Supreme Court heard oral arguments in the cases in February. The grounds/rationale for the ruling," Ocasio-Cortez wrote on her Instagram story on Sunday in response to a question on the topic. "If the court rules against Biden's loan program, I STILL don't think all is lost," she continued.

☆ Disney and DeSantis have been in a yearlong feud that began after the company spoke out against a controversial bill. Here's a timeline of the events.
▼ + stars: | 2023-04-21 | by ( Lloyd Lee | Chris Panella | ) www.businessinsider.com time to read: +12 min

After a yearlong feud, Disney sued DeSantis on Wednesday, alleging that the Florida governor tried to "weaponize government power" over the company. The state Board of Education voted on Wednesday to expand that law to cover grades four to 12. Under the leadership of Governor DeSantis, our state has seen record growth in jobs, GDP, and net domestic in-migration. It was the first time the board met since the revelation of the agreement between the prior district board members and Disney. On April 19, the state board approved a ban on classroom discussion of sexual orientation and gender identity for all grades, including grades four through 12.

☆ Elon Musk joked that if aliens came to earth he would get the most-liked tweet of all time, and that he's 'very familiar with space stuff'
▼ + stars: | 2023-04-19 | by ( Pete Syme | ) www.businessinsider.com time to read: +3 min

Elon Musk spoke to Fox News' Tucker Carlson on Tuesday about extraterrestrial life. The SpaceX CEO said "if anyone would know about aliens on Earth it would probably be me." "I think if anyone would know about aliens on Earth it would probably be me," Musk said in the interview. As Musk met with Twitter staff last June, Insider reported that Musk also said he hadn't seen any evidence of aliens as he discussed the possibility of extra-terrestrial life. The billionaire told Carlson he does hope that there is alien life in the universe, and that any aliens are peaceful.

☆ Rocket Lab targets $50 million launch price for Neutron rocket to challenge SpaceX's Falcon 9
▼ + stars: | 2023-03-24 | by ( Michael Sheetz | ) www.cnbc.com time to read: +3 min

During its fourth-quarter report last month, Rocket Lab said it had begun producing the first tank structures of Neutron, as well as construction of the launch pad for the rocket. That means Neutron is targeting a "$50 million to $55 million launch service cost," Spice said. "We don't have any hard data on that but certainly, if that was to happen, that'd be an incredibly bullish thing for Neutron," Spice said. More than rocketsSpice also emphasized to the Bank of America audience that Rocket Lab is "much more than" just a rocket company. As CEO Peter Beck has previously noted, Rocket Lab aims to create an "end-to-end platform for customers" who need space-based services.

Higher rates benefit the dollar by improving its yield and as traders look for safety while global stockmarkets drop. The dollar hit a two-month high against the euro of $1.0524 , extending Tuesday's 1.2% jump. The Australian dollar has weakened for a similar reason as the Reserve Bank of Australia has softened its tone. Having dropped over 2% on Tuesday, the Australian dollar weakened a bit more to hit a four-month low of $0.6568 on Wednesday. China's yuan finished the domestic session at 6.9706 per dollar, the weakest such close since Dec. 29, 2022.

☆ Powell's warning on higher U.S. rates pushes dollar to 3-mth high
▼ + stars: | 2023-03-08 | by ( Tom Westbrook | ) www.reuters.com time to read: +3 min

Higher rates benefit the dollar by improving its yield and as traders look for safety while global stockmarkets drop. The dollar hit a two-month high of $1.0528 to the euro , extending Tuesday's 1.2% jump. The Australian dollar has weakened for a similar reason as the Reserve Bank of Australia has softened its tone. Futures imply U.S. rates peaking above 5.6% and holding higher than 5.5% through 2023. The U.S. dollar index rose 0.2% in Asia trade to a more than three-month high of 105.86.

☆ Powell pushes dollar to three-month high
▼ + stars: | 2023-03-08 | by ( Tom Westbrook | ) www.reuters.com time to read: +3 min

SINGAPORE, March 8 (Reuters) - The dollar was riding high on Wednesday, flung to three-month peaks when Federal Reserve Chair Jerome Powell surprised investors by warning that interest rates might need to go up faster and higher than expected to rein in inflation. Overnight it had shot more than 1.2% higher on the euro, its biggest one-day move in five months. The U.S. dollar index , which measures the dollar against a basket of six major currencies, jumped 1.3% overnight to a three-month peak of 105.65. The blockbuster week of central bank meetings and speakers rolls on later in the day, with the Bank of Canada setting policy and European Central Bank President Christine Lagarde speaking. "If they don't hike, the Canadian dollar will likely fall into a bucket of currencies where the central bank is unwilling to keep up with the Fed."

Search resuls for: "that'd"

25 mentions found