DIRS.INFO The most relevant business & tech news

☆ We're on track for a soft economic landing, but it still feels like the economy stinks
▼ + stars: | 2024-06-06 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

In today's big story, we're looking at why the US economy is on track (again) for a soft economic landing . The big storyAnother economic turnaroundGetty Images; Chelsea Jia Feng/BIIt took longer than expected, but the US economy is finally on track for a soft landing. After a scary few months of economic data that had investors fearing a recession and stagflation, the tides have turned again. AdvertisementRecent data showing inflation and the labor market cooling have given hope that a soft landing is in the cards — and may even be underway — for the US economy, writes Business Insider's Madison Hoff. AdvertisementThe US economy is about to make a soft landing — a situation in which inflation cools without causing a recession or sudden spike in unemployment.

Persons: —, Chelsea Jia Feng, Insider's Madison Hoff, Arantza Pena Popo, bummed, it's, aren't, Johannes Eisele, Monica Schipper, Nordin Catic, Tyler Le Tim Cook, Cook, Jack Dorsey, Dorsey, Abanti Chowdhury, Sam Altman's, Dan DeFrancesco, Jordan Parker Erb, Jack Sommers, George Glover, Annie Smith Organizations: Service, shoplifters, Business, Fed, Johannes, Getty, OpenAI, Apple, BI, Street Journal, Comcast, New York Stock Exchange Locations: AFP, New York, London

☆ Progressives drop support for Mondaire Jones in key House race after he turned against embattled Rep. Jamaal Bowman
▼ + stars: | 2024-06-06 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +5 min

Read previewThe Congressional Progressive Caucus's (CPC) political arm has rescinded its endorsement of former Rep. Mondaire Jones. The move comes after Jones endorsed Rep. Jamaal Bowman's moderate primary challenger, Westchester County Executive George Latimer, earlier this week. Rep. Jamaal Bowman is facing a tough primary challenge from Westchester County Executive George Latimer. Jones and Bowman appeared together at a gun violence prevention-related event in Westchester County in April 2023. Lawler has been eager to highlight Jones's past progressive positions, including his past praise for Bowman.

Persons: —, Mondaire Jones, Jones, Mike Lawler, Jamaal Bowman's, George Latimer, Evan Brown, Bowman, Israel, Latimer, Jamaal Bowman, Tom Williams, Eugene Gologursky, I'm, Pramila, Jayapal, Dan Goldman, Joe Biden, Lawler Organizations: Service, Republican, Business, Westchester, Capitol, Israel, AIPAC, Getty Images, The Washington, Getty, Congressional, DSA, Progressive Caucus, PAC, Democratic, CPC Locations: Westchester County, Bowman's, Israel, Lower Hudson, Washington, Manhattan, Brooklyn, Lawler's

☆ Iga Świątek continues pursuit of fourth French Open title with semifinal victory against Coco Gauff
▼ + stars: | 2024-06-06 | by ( George Ramsay | ) edition.cnn.com time to read: +2 min

CNN —Iga Świątek marched into her fourth French Open final with an impressive 6-2 6-4 victory against American Coco Gauff on Thursday. Against Gauff, Świątek has now been victorious in 11 of their past 12 meetings. In Saturday’s final, Świątek could win a third straight French Open title when she faces Italy’s Jasmine Paolini – a feat no woman has achieved since Justine Henin in 2007. Gauff was looking to add to the US Open title she won last year at the French Open. In Thursday’s other semifinal, Paolini defeated Russian 17-year-old Mirra Andreeva 6-3 6-1 to book a place in her first grand slam final.

Persons: Iga Świątek, Coco Gauff, Roland Garros, Świątek, Jasmine Paolini –, Justine Henin, Gauff, Philippe, Chatrier, Clive Brunskill, Paolini, –, Roberta Vinci Organizations: CNN, “ Locations: Polish, “, Russian

☆ Novak Djokovic wants to return to tennis ‘as soon as possible’ after undergoing knee surgery
▼ + stars: | 2024-06-06 | by ( George Ramsay | ) edition.cnn.com time to read: +1 min

CNN —Novak Djokovic hopes to return to the tennis court “as soon as possible” having undergone surgery on his knee earlier this week. Djokovic struggled with pain in his right knee during his five-set victory against Francisco Cerúndolo at the French Open and later withdrew from his quarterfinal against Casper Ruud. On Thursday, the 37-year-old confirmed that he tore his meniscus against Cerúndolo and had to undergo surgery. I’m going to do my best to be healthy and fit to return to the court as soon as possible. Djokovic has previously expressed a strong desire to compete at the Paris Olympics, which begins less than two weeks after Wimbledon at the end of July.

Persons: CNN — Novak Djokovic, “, Djokovic, Francisco Cerúndolo, Casper Ruud, …, ” Djokovic Organizations: CNN, Wimbledon, Paris Olympics Locations: men’s

☆ Biden’s D-Day visit may mark the end of an American era
▼ + stars: | 2024-06-06 | by ( Stephen Collinson | ) edition.cnn.com time to read: +11 min

Geopolitical empires like Russia and China are, meanwhile, resurgent and threatening to obliterate the global system dominated by Western values that has prevailed since World War II. Trump’s “America First” philosophy has taken deep root in the Republican Party that once prided itself on winning the Cold War. For many years after World War II, D-Day commemorations lacked the fanfare and high diplomatic and political significance they carry today. The speech came at a particularly contentious moment in the Cold War with tensions high between Washington and the Soviet Union. The strength of America’s allies is vital to the United States, and the American security guarantee is essential to the continued freedom of Europe’s democracies.

Persons: Joe Biden, Adolf Hitler’s, Donald Trump’s, he’d, Biden, Vladimir Putin, Washington, autocrats . Biden, they’d, ’, ”, George H.W, George H.W . Bush, Trump’s, Trump, Charles Kupchan, “ It’s, Franklin Roosevelt, Dwight Eisenhower, Volodymyr Zelensky, Hitler, Putin, Britain’s, Charles III, Queen Elizabeth II, Emmanuel Macron, Ronald Reagan, Reagan, ” Reagan, Mikhail Gorbachev, “, “ We’ve Organizations: CNN, NATO, Republican Party, GOP, District of Columbia, Council, Foreign Relations, Ukrainian, Soviet, US Army Rangers, Rangers, Soviet Communist Party Locations: Normandy, France, Ukraine, Russia, China, Germany, Japan, United States, Europe, British, Omaha Beach, “, George H.W ., Iraq, Afghanistan, Paris, Pointe, Omaha and Utah, Pointe du Hoc, Washington, Soviet Union, America

☆ ‘The Whole World Smiles With You’ challenges the boundaries of Black art
▼ + stars: | 2024-06-06 | by ( Leah Dolan | ) edition.cnn.com time to read: +7 min

“These were the images that were easy for the art world to engage with. Akinkugbe hopes the exhibition shows the "sprawling" nature of Black figurative art. Courtesy Opera GalleryWhile public and institutional interest in Black art has been increasing steadily since 2008, attention and engagement is often inextricably linked to the news cycle. “I do think that in the art world, there was a huge reaction to 2020. “I think it could broaden someone’s idea of what Black art is.

Persons: London CNN —, tutu, Edgar Degas, Chicago, Thelonious Stokes, Stokes, Alayo Akinkugbe, ”, Louis Armstrong, ” Akinkugbe, George Floyd, Derek Chauvin, Akinkugbe, Adjei, Amoako Boafo, Noel Anderson’s, Jazz Grant, ” Noel Anderson, Michael, Leonardo da Vinci, Vermeer, David Hockney, Lucien Freud, Jenny Saville, Francis Bacon’s, Lucian Freud ”, “ I’ve, ’ Stokes, Jesus, “, reimaginings, ” Stokes, ArtNews, Morgan Stanley, “ It’s, We’ve, there’s Organizations: London CNN, Opera, CNN, Sound, Black Arts Movement, Harlem Locations: retiré ., London, Chicago, Florence, Minneapolis, Ghana, West Africa, African

☆ King Charles travels to mark D-Day anniversary while Prince William takes greater role
▼ + stars: | 2024-06-06 | by ( Max Foster | Lauren Said-Moorhouse | ) edition.cnn.com time to read: +11 min

On Thursday morning, King Charles and Queen Camilla attended the UK Ministry of Defence and the Royal British Legion’s commemorative event at the British Normandy Memorial at Ver-sur-Mer. King Charles and Queen Camilla were joined by French President Emmanuel Macron and his wife Brigitte Macron at the British Normandy Memorial. Corbis/Getty Images British troops reach the shore in the early morning. Germans rained mortars and artillery down on Allied troops, killing many before they could even get out of their boats. U.S. Army Injured American soldiers wait to be moved to a field hospital after storming Omaha Beach.

Persons: CNN — Britain’s King Charles III, –, King Charles, Queen Camilla, Charles, Emmanuel Macron, Brigitte Macron, Chris Jackson, “, ” Charles, King George VI, ”, Robert F, Sargent, Dwight D, Eisenhower, Ed Jackson, Samuel Chase, Clarence Shoop, FPG, —, Jeffrey Markowitz, Adolf Hitler, Holmes, King, Macron, Joe Biden –, Prince William, Prince, Wales, King William V’s, Richard Rohmer, France Gabriel Attal, Justin Trudeau, Jordan Pettitt, William, Camilla Organizations: CNN’s Royal, CNN, Omaha Beach, UK Ministry of Defence, Royal British, Royal British Legion, Trust, French, Getty, Army's 50th Infantry Division, Museum, NY, British Royal Navy, Coast Guard, Troops, Lockheed, US Air Force, Allied, Normandy, AP, U.S . Army Signal Corps, Getty Images, Reuters, Canadian, Omaha, Bilderwelt, Channel, US Coast Guard, Hulton, Nazi, U.S . Army Injured, National, Keystone, Fox, 6th Airborne, Images, US, Juno Beach Locations: Normandy, Omaha, Ver, Mer, United Kingdom, France, Utah, New York, United States, Omaha Beach, England, Hulton, Corbis, Australia, Belgium, Czech Republic, Greece, Netherlands, New Zealand, Norway, Rhodesia, Zimbabwe, Poland, AFP, American, British, FPG, Courseulles, Canadian, Portsmouth, England’s

☆ Flavor Flav has a new calling as hype man to the US women’s water polo team
▼ + stars: | 2024-06-06 | by ( George Ramsay | ) edition.cnn.com time to read: +8 min

Now, the clock-wearing musician has found a new and unlikely calling in the sports world, offering his services as hype man for the US women’s water polo team ahead of this year’s Paris Olympics. That’s why I’m sponsoring this women’s water polo team. Steffens is a veteran of the US women's water polo team. How can we get water polo in more people’s mouths and in front of more people’s eyes as best as possible?”USA Water Polo membership almost doubled from 26,837 in 2008 to more than 50,000 in 2019, including increased participation at high school and college levels, according to USA Water Polo. However, she wants her legacy to be more than medals, records, and statistics, but making water polo “common knowledge” and “common language” among the general public.

Persons: Flav, Maggie Steffens, “, ” Steffens, Steffens, TMZ, Ronald Martinez, ”, “ It’s, you’re, I’ve, it’s, that’s, Sandy Hooper, doesn’t, ” Mark Conrad Organizations: CNN, Paris Olympics, CNN Sport, Hall of Fame, Water Polo, USA Water Polo, Olympics, US, Paris, USA, Reuters, International Olympic Committee, Games, Olympic Committees, US Olympic, Paralympic, Fordham University Gabelli School of Business, Athletics, Los Angeles Games, Boxing Locations: Paris, Instagram, Long Beach , California, California

☆ Chase Budinger: Former NBA player qualifies for US beach volleyball team at the Paris Olympics
▼ + stars: | 2024-06-06 | by ( George Ramsay | ) edition.cnn.com time to read: +2 min

CNN —Former NBA player Chase Budinger is set to make his debut at the Olympics later this year, though he won’t be doing it on the hardwood. The 36-year-old has earned a spot on the US beach volleyball team alongside partner Miles Evans having switched sports seven years ago. According to NBC, Budinger will become the first person to have played an NBA regular season game and appeared at the Olympics in beach volleyball. He’s also the only athlete to make a career in both sports, according to AVP Beach Volleyball. This year’s Olympic beach volleyball competition will take place under the shadow of the Eiffel Tower in Paris with games getting underway on July 27.

Persons: CNN —, Chase Budinger, Miles Evans, Theo Brunner, Trevor Crabb, Budinger, Evans, He’s, “, ” Budinger Organizations: CNN, NBA, NBC, AVP, University of Arizona, Detroit Pistons, Houston Rockets, Minnesota Timberwolves, Indiana Pacers, Phoenix Suns, US, Olympics, Eiffel Locations: Spain, Paris

☆ Charlotte AI can take eight hours of work and turn it into ten minutes, says CrowdStrike CEO
▼ + stars: | 2024-06-05 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCharlotte AI can take eight hours of work and turn it into ten minutes, says CrowdStrike CEOCrowdStrike Co-Founder, President and CEO George Kurtz joins 'Mad Money' host Jim Cramer to talk its recent quarterly report, the state of cybersecurity, and more.

Persons: CrowdStrike, George Kurtz, Jim Cramer Locations: cybersecurity

☆ How a humble Indian fabric became a symbol of luxury in 1960s America
▼ + stars: | 2024-06-05 | by ( Christy Choi | ) edition.cnn.com time to read: +9 min

But this staple of preppy American fashion has humble origins, far from Martha’s Vineyard or the hallways of Yale or Harvard, in Chennai, India, the coastal city from which it takes its name. Krishnan Nair,” a biography of the Indian textile magnate and hotelier who first sold Jacobson the madras, in a video interview with CNN. From Chennai to shores of the CaribbeanFort St. George was established in the 1630s, helping the British cement a monopoly on the highly lucrative Indian textile industry. Research by the London School of Economics estimates that Indian cotton textiles, which were often exchanged for slaves, accounted for 30% of the total export value of 18th century Anglo-African trade. A madras fabric weaving workshop in Chennai, the Indian city once known as Madras, circa 1990.

Persons: Lisa Birnbach’s “, Ralph Lauren, Brooks, William Jacobson, ”, Bachi Karkaria, Captain C.P, Krishnan Nair, Jacobson, Tony Cenicola, Karkaria, — Nair, “, ’, David Ogilvy, Leonard McCombe, Nair, Ogilvy, Elihu Yale, George, Hathaway, India Madras ”, Eli Yale, King George I, Hathaway Yale, Yale, Kai Toussaint Marcel, Marcel, Tommy Hillfiger, Kimberly M, Jenkins, Patrick Horvais, madras “ Organizations: CNN, Brooks Brothers, Yale, Harvard, New York Times, Milton Academy, madras, Ivy League, East, Yale College, Yale University, Yale . Yale, East India Company, Metropolitan Museum of Art, Parsons School of, London School of, Princeton, Miss College, Sports Locations: madras, Bahamas, Chennai, India, Madras, West Africa, Milton , Massachusetts, superstardom, East India, Fort St, India Madras, Scottish, North Africa, Nigeria, America, Caribbean, St, West Indies, England, France, New Orleans, East Coast, Bermuda, madras Bermuda, Rhode Island, Newport, South Florida, Palm, Fisher

☆ McDonald's just lost its chicken Big Mac trademark following a European court ruling
▼ + stars: | 2024-06-05 | by ( George Glover | ) www.businessinsider.com time to read: +1 min

McDonald's lost its chicken Big Mac trademark rights in the EU on Wednesday. The trading bloc's General Court ruled in favor of Supermac's, an Irish fast-food chain. AdvertisementMcDonald's will no longer have the right to call its chicken burgers Big Macs in the European Union following a landmark ruling by one of the trading bloc's top courts. On Wednesday, the Luxembourg-based General Court ruled against the fast-food giant and in favor of Supermac's, an Irish takeaway chain. The case centered on a 2017 application that Supermac's made to the European Intellectual Property Office (EUIPO) to remove its American rival's "Big Mac" trademark.

Persons: McDonald's, — Organizations: EU, Service, Union, Intellectual Property, Business Locations: Irish, Luxembourg

☆ Election Updates: Trump again suggests prosecuting his political opponents.
▼ + stars: | 2024-06-05 | by ( Maggie Astor | ) www.nytimes.com time to read: +5 min

Lara Trump, the Republican National Committee co-chair and Mr. Trump’s daughter-in-law, strongly denounced him on CNN. Mr. Hogan has also said he would not be going to the Republican National Convention in Milwaukee next month, where Mr. Trump will officially receive the nomination. Mr. Hogan remains personally popular in Maryland, something Mr. Trump is not. “We don’t want to alienate Trump voters,” Mr. Hogan told The Associated Press in April. “But Larry Hogan is running for Senate in Maryland, not Mississippi,” a nod to the needle Mr. Hogan must thread.

Persons: Donald J, Larry Hogan’s, Hogan, Trump, “, ”, Chis LaCivita, Lara Trump, Trump’s, Hogan’s, Michael Whatley, Larry Hogan, Biden, Republicans —, —, Ben Cardin, ” Mr, Mr, Whatley didn’t, Steve Daines, Angela Alsobrooks, George Santos, Lou Dobbs, Chaya Raichik, aren’t, John Cornyn, Lindsay Reilly Organizations: Senate, Democratic, Mr, Trump, Republican, Republican National Committee, CNN, Republican Party, Trump Republican, Republican National Convention, Washington , D.C, Republicans, Democrat, Associated Press, Biden voters, Maryland, National Republican Senatorial Committee, Republican leadership’s, Fund, Hogan’s Democratic, Prince, Maryland Democrats, Maryland Democratic Party Locations: Maryland, Manhattan, America, Milwaukee, Washington ,, Montana, Mississippi, Prince George’s County, Washington, Texas

☆ Opinion: Biden and Democrats are in denial about the bad polls. That’s a problem.
▼ + stars: | 2024-06-05 | by ( Opinion Liam Kerr | ) edition.cnn.com time to read: +7 min

But much more must be done and, as with most change, it’s important to start by admitting there’s a problem. The phenomenon of Democrats dismissing the polls in favor of misplaced optimism has been termed “hopium” by data journalist Nate Silver. Polling denial is not unanimous in the party, as many Democrats are reportedly in a full-blown “freakout” over Biden’s chances. It’s essential they admit the polling is correct, because if Biden is winning, there is little need to change course. This means these groups likely share top concerns with moderate voters generally.

Persons: Liam Kerr, Joe Biden’s, Liam Kerr Liam Kerr, there’s, Nate Silver, Simon Rosenberg, Rosenberg, Biden, it’s, Trump, Biden’s, Harry Enten, —, “, ”, Hilary Clinton, Tom Suozzi, George Santos ’ Organizations: GOP, CNN, Democratic, Trump, Biden, Gallup, Black Democrats, White Democrats, Harvard Youth, Gaza, “ Biden, New York Times, Trump Republicans, Republican, NBC, Twitter, Facebook, Chicago Democratic National Convention Locations: Pennsylvania , Wisconsin, Michigan, Siena, New York, “

☆ OpenAI is facing controversy. Again.
▼ + stars: | 2024-06-05 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, we're looking at the latest controversy to embroil OpenAI amid a difficult few months for the startup . Their takeaway was simple: OpenAI wants to have it both ways regarding how it's perceived about safety and commercialization. It's structured as a "capped-profit" company governed by a nonprofit, and Altman doesn't hold equity directly in OpenAI. The result, the VC told me, is people feel OpenAI is talking out of both sides of its mouth. It doesn't help that some OpenAI employees joined when that split was closer to 80/20 and favored safety over business, they added.

Persons: —, we've, OpenAI Justin Sullivan, Chelsea Jia Feng, Anthropic signees, Scarlett Johansson, Elon, Madeline Berg, Sam Altman, Altman, Justin Sullivan, OpenAI, It's, Patrick McMullan, Jenny Chang, Rodriguez, Izzy Englander's, Griffin's, Marko Kolanovic, ANDREW CABALLERO, REYNOLDS, youngs, Mark Zuckerberg, Elon Musk, Keith Enright, Alyssa Powell, They've, Shopify, Dan DeFrancesco, Jordan Parker Erb, Jack Sommers, George Glover, Annie Smith Organizations: Service, Business, Google, Millennium Management, Getty Images, Facebook, CNBC, BI, SpaceX Locations: OpenAI, Patrick, It's, Tesla, New York, London

☆ It costs over $90,000 a year to go to Yale—but here's how much students actually pay
▼ + stars: | 2024-06-05 | by ( Kamaron Mcnair | In Kamaronmcnair | ) www.cnbc.com time to read: +1 min

Like any Ivy League school, a degree from Yale University has the potential to help you go very far in life. Plus, Yale students go on to command a median salary of $95,961 a decade after starting school, according to the Department of Education's College Scorecard. For the 2024-25 school year, undergraduate tuition is listed at $67,250. Additional costs, including housing, food, materials and student fees, brings the estimated total cost of attendance to $90,975 per year. Here's what students and their families typically pay for a Yale education.

Persons: Angela Bassett, Jodie Foster, George H, Bush, George W, Tom Steyer Organizations: Ivy League, Yale University, Yale, Department, Education's Locations: Haven , Connecticut

☆ Jack Smith moved to gag Trump from claiming the FBI plotted his assassination. The motion could strategically reveal Judge Aileen Cannon's alleged bias.
▼ + stars: | 2024-06-05 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +6 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewSpecial counsel Jack Smith and lawyers for Donald Trump are fighting over a proposed gag order that would prevent the former president from claiming the FBI plotted to assassinate him during their August 2022 raid on Mar-A-Lago. This story is available exclusively to Business Insider subscribers. "Judge Cannon has issued — or not issued — some very bizarre orders, but given that Judge Cannon has seemingly sided with Trump at every possible turn, I wouldn't be surprised if she did not issue this order." Representatives for Smith's office and lawyers for Trump did not respond to requests for comment from Business Insider.

Persons: —, Jack Smith, Donald Trump, Smith, Aileen Cannon, Cannon, Trump, George Conway, Kellyanne Conway, Ty Cobb, Tracy Pearson, Kevin McMunigal, McMunigal, Neama, Rahmani, Judge Cannon, Pearson, that's Organizations: Service, Trump, Business, Circuit, Washington Post, Trump White House, CNN, New York Times Locations: Mar

☆ CrowdStrike CEO explains the value of modern cybersecurity in the AI landscape
▼ + stars: | 2024-06-05 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

In a Wednesday interview with CNBC's Jim Cramer, CrowdStrike CEO George Kurtz described how it serves customers who are using legacy technology from other companies. "One of the things that I talked about in my...prepared remarks on the earnings call was this concept of a monoculture," Kurtz said. "Customers are at risk when they are basically buying security from their application security provider and their cloud provider, and you're buying legacy technology." He also said Broadcom had legacy technology in their portfolio, and its customers were approaching CrowdStrike for "something more modern." According to Kurtz, quality cybersecurity programs are especially necessary as the artificial intelligence landscape expands rapidly.

Persons: CNBC's Jim Cramer, George Kurtz, Kurtz, Crowdstrike Organizations: Broadcom, Microsoft

☆ A lack of representation, careless comments and ‘racial banter’ – how British rugby is facing up to its diversity issues
▼ + stars: | 2024-06-05 | by ( Samuel Joseph | Sam Joseph | ) edition.cnn.com time to read: +11 min

Just ask Black rugby player and England international Sadia Kabeya, who says a lack of cultural and ethnic diversity in her sport took a toll on her identity. Representation mattersA 2020 report by Sport England showed that the participation share of White British adults in rugby union was more than 90%, 8.2% higher than the national population share. A lack of diversity in the sport in England is also reflected in the demographics of rugby audiences. Kabeya is particularly passionate about the topic of Black rugby players’ hair. Its significance runs deep, given the historical links between Black hair and identity and also resistance.

Persons: Kabeya, ”, “, ” Kabeya, Maud Muir, Lucy Packer, David Rogers, you’re, White, ” “, ” Jatin Patel, weren’t, Luther Burrell, Burrell, ” Patel, Ashton Hewitt –, –, ” Hewitt, Hewitt, Tyler Miller, Liam Scott, Scott, Mike Hewitt, Patel, George Floyd Organizations: CNN — Elite, England, CNN Sport, Rugby Football Union, RFU, Rugby, Rugby Players Association, Nations, Richmond Women, CNN, Six Nations, Getty, Loughborough Lightning, Sport England, Diversity, Daily Mail, Newcastle Falcons, Dragons, United Rugby, Leinster, rugby, Ireland, Twickenham, Pictures Locations: ”, England, London, Richmond, Wales, Dublin, Black

☆ Texas is poised to get its own stock exchange — with less red tape than the NYSE or Nasdaq
▼ + stars: | 2024-06-05 | by ( George Glover | ) www.businessinsider.com time to read: +1 min

Texas is set to get its own stock exchange, The Wall Street Journal reported. BlackRock and Citadel have backed the TXSE group, which has raised $120 million, per the report. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementTexas is set to get its own stock exchange to rival those in New York, The Wall Street Journal reported. He told The Journal the exchange would be based in downtown Dallas and aimed to open for trading in 2025.

Persons: —, James Lee Organizations: Texas, Street Journal, Citadel, Service, Securities and Exchange Commission Locations: BlackRock, New York, Texas, Dallas

☆ With Paramount's long and winding sales process coming to an end, here's what comes next for the media giant
▼ + stars: | 2024-06-04 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

AdvertisementThe media giant, which owns Paramount Pictures and CBS, has been in the news as an acquisition target since late last year. Skydance might not be as recognizable a name, but the company's owner and CEO David Ellison is. It's "is Paramount big enough to survive on its own?" The rush to corner the market on data centers is a move by Big Tech to secure the keys to the coming AI kingdom. Big Tech, finance, and consulting jobs are becoming harder to come by, upending the job search for young people.

Persons: —, Donald Trump, Rebecca Zisser, Warner, David Zaslav, Byron Allen, David Ellison, Larry Ellison, he's, Phillip Faraone, Peter Kafka, That's, Larry Ellison's, Alyssa Powell, Savita Subramanian, Gary Shilling, Kitty, Keith Gill, Arif Qazi, Jason Zander, they'll, Apple's, Siri, Dominic Bugatto, that's, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover, Annie Smith Organizations: Service, Paramount, Business, Paramount Pictures, CBS, RedBird Capital Partners, KKR, Warner Bros . Discovery, Sony, Hollywood, Getty, Tech, Bank of America, Wall Street, GameStop, Google, Microsoft, Big Tech, BI, Washington Post, Hewlett Packard Enterprise Locations: China, India, Texas, New York, London

☆ Coco Gauff reaches French Open semifinals after coming from behind to defeat Ons Jabeur
▼ + stars: | 2024-06-04 | by ( George Ramsay | ) edition.cnn.com time to read: +2 min

CNN —Coco Gauff came from behind to defeat Ons Jabeur at the French Open on Tuesday and advance to the semifinals. After losing a tight opening set, Gauff recovered to win 4-6 6-2 6-3 against the eighth-seeded Jabeur, who continues her chase for a first grand slam title. The 20-year-old Gauff, meanwhile, is hoping to add to the US Open title she won last year. She was playing really well the whole match,” Gauff said in her on-court interview. “I got a little bit tight on the last couple of match points, but I think I did what I needed to do to win the match,” Gauff admitted.

Persons: Coco Gauff, Gauff, Jabeur, Roland Garros, ” Gauff, “, Clive Mason, Opta, Maria Sharapova, Świątek, Vondroušová Organizations: CNN, Czech Locations: American

☆ Modi's election surprise raises questions about India for USA Inc
▼ + stars: | 2024-06-04 | by ( George Glover | ) www.businessinsider.com time to read: +1 min

Narendra Modi's party won far fewer seats than expected in India's election. Modi's weakened majority may make it tougher for his government to push through reforms. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementNarendra Modi looks set to secure a historic third term leading Indian despite his party winning far fewer seats than exit polls had suggested. The outcome sent Mumbai-listed stocks plummeting — and Modi's significantly weakened majority could be a source of concern for American businesses, too.

Persons: Narendra Modi's, Modi's, —, Narendra Modi, that's Organizations: Service, Business Locations: Mumbai, India

Washington CNN —Attorney General Merrick Garland appeared defiant Tuesday as he spent hours fielding questions from lawmakers on a range of topics, occasionally sparring with Republican House members seeking to use his testimony to attack the Justice Department. “These repeated attacks on the Justice Department are unprecedented, and they are unfounded,” he told lawmakers. “I will not be intimidated, and the Justice Department will not be intimidated. “It is not the fault of the Department of Justice that Donald Trump has surrounded himself with criminals,” Lieu said. “Trump brought that upon himself.”Lieu also noted that President Biden’s son Hunter is being prosecuted “in federal court right now” by Garland’s Justice Department.

Persons: General Merrick Garland, Garland, Donald Trump, Hunter Biden, Garland’s, Joe Biden’s, Robert Hur, ” Garland, lobbed, ”, “, Biden, Trump, Jack Smith’s, Jim Jordan, Jack Smith, Smith, Jordan, Hunter Biden’s, Ben Cline, Cline, Ted Lieu, Paul Manafort, Rick Gates, George Papadopoulos, Michael Cohen, Roger Stone, Elliott Broidy –, ” Lieu, “ Trump, Biden’s, Hunter Organizations: Washington CNN, Republican, Justice Department, GOP, Department, DOJ, CNN, Manhattan District, Republicans, Trump, Manhattan District Attorney, Justice, Ohio Republican, White House, Democratic, Department of Justice, Garland’s Justice Department Locations: New York, York, Washington ,, Florida, Delaware, Trump

The current leadership of Paramount Global presented a go-forward plan at the company's annual shareholder meeting Tuesday in the event a sale of the company doesn't happen. Redstone has been supportive of the Office of the CEO leadership team that has run the company since former CEO Bob Bakish stepped down in late April. The plan that Paramount Global shareholders are hearing on Tuesday will essentially serve as Redstone's alternate option if she chooses not to sell. "We'll be thoughtful with how we deploy capital, with our world-class content being the priority," said Robbins during the presentation Tuesday. On Tuesday, Robbins said the company has been "aggressively exploring all options" when it comes to partnerships with other streamers.

Persons: George Cheeks, Chris McCarthy, Brian Robbins —, —, David Ellison's, Shari Redstone, Bob Bakish, Robbins, Cheeks, McCarthy Organizations: Paramount, SAG, Paramount Global, CBS, Paramount Media Networks, Paramount Pictures, Media, RedBird Capital, KKR, CNBC, Amusements Locations: Los Angeles , California, U.S

Search resuls for: "George"

25 mentions found