DIRS.INFO The most relevant business & tech news

If it is just a lagged statistical quirk, then the huge disparity in March inflation rates - of some 3-5 percentage points with western peers - should narrow sharply by yearend. With an election due next year, that may prove a big factor in any re-convergence of inflation rates if the cost of that is a much deeper economic downturn that rest. The question about Britain as an inflation outlier re-opens the age-old issue about just how that should be priced into sterling. For much of the past 10 years, G7 inflation rates were largely locked together in either their subdued pre-pandemic state or during the wild price spikes since. If UK inflation turns "idiosyncratic" among its peers during the much-vaunted normalization, then currency markets may need to rethink fundamental long-term assumptions about purchasing power, Gallo reckons.

☆ Jim Cramer's top 10 things to watch in the stock market Wednesday: Biden address, video games, Uber earnings
▼ + stars: | 2023-02-08 | by ( Jim Cramer | ) www.cnbc.com time to read: +4 min

Alphabet (GOOGL), also a Club stock, unveiled AI chatbot, rival Bard. Earnings guidance 52 cents per share to 56 cents versus prior guidance 44 cents per share to 48 cents. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade.

☆ In UK lawsuit, Hollywood star Eva Green says making 'B movie' would ruin career
▼ + stars: | 2023-01-30 | by ( Michael Holden | ) www.reuters.com time to read: +3 min

[1/3] French actress Eva Green arrives at The Rolls Building courthouse in London, Britain, January 30, 2023. 'UNREASONABLE'In its written submissions, White Lantern's lawyers said Green, also an executive producer in the project, had made unreasonable demands about crew, locations and equipment. She also described funders for the movie as "arseholes" and some proposed crew members as "shitty peasants". "I wanted to make the most brilliant film possible," Green told the court, agreeing with White Lantern's lawyer Max Mallin that making a "B movie" could kill her career. I wanted to work with a high-quality crew who just wanted to be paid standard industry rates," Green told the court.

☆ Swimming in cash, Chevron plans a $75 billion slap in the face to drivers
▼ + stars: | 2023-01-26 | by ( Allison Morrow | ) edition.cnn.com time to read: +3 min

All of that helped make Chevron the top-performing Dow stock of last year, with shares surging more than 50%. To be clear: It’s not that Chevron, or any of its peers, did anything special to earn their windfall profits last year. Instead, Chevron is buying $75 billion worth of its own shares, and jacking up its quarterly shareholder dividend. Of course, Chevron and other US oil producers, including Exxon Mobil, are putting some money into new energy projects this year. That was far less than the $6.3 billion that Union Pacific spent repurchasing shares of stock.

☆ Biden's Cabinet is sticking around, bucking the turnover trend of his predecessors
▼ + stars: | 2023-01-23 | by ( Peter Nicholas | Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Carol-Lee-Circle-Byline-Template.Jpg | ) www.nbcnews.com time to read: +7 min

By early 2019, Trump had cycled through seven of 15 Cabinet secretaries and was on his third chief of staff. A White House official said Mayorkas would fight any such attempt and has no wish to step down. The durability of Biden’s Cabinet is something of a surprise. Going back decades, presidents have steadily concentrated power in the White House, at the Cabinet’s expense, historians say. Some Cabinet secretaries have felt marginalized as presidents stocked the West Wing with trusted advisers and usurped the prerogatives of Cabinet members who had thought they were brought in to run things.

☆ Take Five: Staring at the ceiling
▼ + stars: | 2023-01-23 | by ( ) www.reuters.com time to read: +5 min

All told, companies worth more than half the S&P 500's market value are reporting results over the next two weeks. Stock markets can predict the global PMI levels, tending to bounce ahead of a sustainable rise of the index. On Wednesday, watch out for Australian and New Zealand inflation data as well, with the RBNZ pondering how much more to tighten, and the RBA wondering whether it's time to pause. Reuters Graphics5/LONDON CALLINGLondon's bluechip FTSE 100 index (.FTSE) is poised to launch a new attempt to scale an all-time high in days to come. British public sector borrowing numbers, producer price inflation and PMI data are all due as well ahead of a Bank of England meeting the following week.

☆ Twitter auctioned off a $16,000 piece of kitchen equipment known as the 'Lamborghini of meat slicers' from its San Francisco office
▼ + stars: | 2023-01-19 | by ( Azmi Haroun | ) www.businessinsider.com time to read: +2 min

Twitter auctioned off a number of office items from its San Francisco office this week. The auction included luxury kitchen equipment that was being sold at cut-rate prices. During the auction, Twitter's blue bird logo was sold for $100,000, and a high-end machine known as the "Lamborghini of meat slicers," was also sold. According to the San Francisco Chronicle, the Berkel 330M-STD Manual Fly Wheel Slicer, a top-of-the-line meat slicer used in top restaurants, was one of the items listed during the auction. The meat slicer, which sells for $16,000 at retail price, was originally listed at $7,500 at the start of the auction, and much of the luxury kitchen equipment was highly discounted, per The Chronicle.

☆ Who the heck paid $100,000 for an old Twitter logo statue in Elon Musk's auction?
▼ + stars: | 2023-01-18 | by ( Britney Nguyen | ) www.businessinsider.com time to read: +2 min

A statue of Twitter's bird logo sold for $100,000 at auction, according to multiple reports. The statue was part of Twitter's fire sale that included hundreds of surplus items. The online auction opened on Tuesday morning, and by the afternoon, bidding was at $12,000 for the statue. A larger neon version of the Twitter logo sold for $40,000 at the auction, according to SFGate. HGP declined to comment on the bid prices for the Twitter logo statue and other items.

☆ Romanian police seize Andrew Tate's luxury cars and assets
▼ + stars: | 2023-01-15 | by ( Associated Press | ) www.nbcnews.com time to read: +3 min

Romanian authorities descended on a compound near Bucharest on Saturday to tow away a fleet of luxury cars and other assets worth an estimated $3.9 million in the case investigating Andrew Tate, the divisive social media personality who is detained in the country on charges of human trafficking. Romania’s National Agency for the Administration of Unavailable Assets said in a statement that it removed a total of 15 luxury cars, 14 designer watches and cash in several currencies. About a half-dozen masked law enforcement officers and other officials descended on the compound Saturday to take away the goods. A man waits to load onto a flatbed truck a luxury vehicle which was seized in a case against Andrew Tate, on the outskirts of Bucharest, Romania on Saturday. A day later, Tate lost another appeal that challenged assets seized by prosecutors in the case so far.

☆ Democratic leader Hakeem Jeffries says he's hopeful about building a relationship with Kevin McCarthy: 'We can agree to disagree without being disagreeable'
▼ + stars: | 2023-01-08 | by ( Sarah Al-Arshani | ) www.businessinsider.com time to read: +2 min

House Minority leader Hakeem Jeffries says he can have a better relationship with McCarthy than Pelosi. Kevin McCarthy was elected House Speaker early Saturday after five days of voting. McCarthy had a very contentious relationship with former Speaker of the House Nancy Pelosi. On Sunday, NBC News's "Meet the Press," host Chuck Todd asked Jeffries: "Speaker Nancy Pelosi didn't have a great relationship with Rep. Kevin McCarthy. "Kevin McCarthy and I have had some positive, forward-looking conversations over the last few weeks.

☆ Nancy Pelosi says Kevin McCarthy might need a 'doctor or a psychiatrist' after 'really sad' losses on the speakership vote
▼ + stars: | 2023-01-06 | by ( Cheryl Teh | ) www.businessinsider.com time to read: +3 min

Kevin McCarthy has failed to secure the 218 votes he needs to become speaker after 11 votes. Nancy Pelosi said McCarthy might need a "doctor" or a "psychiatrist" after so many losses. Insider saw a message from the "Nancy Pelosi for Congress" team, sent with the subject line: "RE: Kevin McCarthy." No love lost between Pelosi and McCarthyThere is no love lost between Pelosi and McCarthy. Representatives for McCarthy and Pelosi did not immediately respond to Insider's requests for comment.

☆ The most ridiculous ways accused Capitol rioters got caught, from bad Bumble matches to an unbelievable Uber ride
▼ + stars: | 2023-01-02 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +13 min

Without further adieu: The least surprising ways Capitol rioters got caught. 2 accused rioters made big Bumble blundersThese accused rioters' reach for romance landed them in trouble with the law. Officials charged Alam with several counts last year and he pleaded guilty to all charges in December 2021, according to the Justice Department. An unbelievable Uber ride was this accused rioter's downfallAlleged defendant Jerry Daniel Braun was turned in by his get-away car driver, according to court documents. "Well, because, so we could get to the Capitol," Braun replied.

LA PAZ/SANTA CRUZ, Bolivia, Dec 28 (Reuters) - Bolivian police on Wednesday detained Luis Fernando Camacho, the governor of Santa Cruz and a prominent opposition leader, the latest sign of political tensions in a region that saw the arrest of a president in neighboring Peru earlier this month. Authorities have not said why Camacho was arrested but he recently helped lead weeks of protests that blocked streets and halted trade in Santa Cruz. Camacho was taken to a local airport to be flown to La Paz, local media reported. "The operation to kidnap the governor was carried out in the streets near his home, as he was returning from his duties," the Santa Cruz government said in a statement. Opposition Senator Erik Moron said in a video that he had been taken by helicopter to an unknown location.

While governments worldwide are grappling with high inflation and low growth, UK policymakers are still rebuilding fiscal and political credibility following the brief, chaotic premiership of Liz Truss. Worries about growth are leading some investors to limit their holdings of the pound and British debt. Reuters GraphicsForeign investors have traditionally been attracted by Britain's strong rule of law, stable governance and thriving financial and professional services sector. In the latest data, up to the second quarter of this year, FDI represented more than half the net outflow - a result of strong UK investment abroad but weak inward investment too. Stephen Welton, executive chairman of major growth capital investor BGF, said attracting foreign investment was like a global competitive sport - one that Britain had previously excelled at.

☆ Twitter is auctioning off HQ items, including a bird statue and espresso machines
▼ + stars: | 2022-12-11 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +1 min

New York CNN —If you’ve ever wanted to own a piece of Twitter’s HQ, the company is auctioning off dozens of items of memorabilia and supplies from its office in San Francisco. Twitter is cleaning house and looking to offload things like getting a large Twitter bird statue and a giant “@” sculpture planter. There are also multiple espresso machines and an electric bike charging station. Twitter/BidSpotterThe online auction opens January 17th and closes the next day, said Heritage Global Partners, the company facilitating the sale. “Just like a real estate broker doesn’t determine which houses or buildings their client would need to sell.”

☆ From an industrial-sized pizza oven to a statue of the Twitter bird, here are all the weird things you can buy from Elon Musk's Twitter fire sale
▼ + stars: | 2022-12-10 | by ( Hannah Getahun | ) www.businessinsider.com time to read: +3 min

Twitter will be getting rid of hundreds of surplus office supplies in a January auction. The items being auctioned off include kitchen appliances, Twitter sculptures, and office chairs. The company is cleaning out perhaps some of its most — and least — interesting items in an auction next year. The auction comes at a time when Twitter CEO Elon Musk is reducing expenses after purchasing the social media platform for $44 billion. The auction items also include tons of industrial kitchen equipment, including refrigerators and pizza ovens, dozens of display screens, iMac monitors, and gray swivel office chairs.

☆ Inside the turbulent, doomed campaign of Herschel Walker
▼ + stars: | 2022-12-08 | by ( Marc Caputo | Marc Caputo Is A Senior National Political Reporter For Nbc News. | ) www.nbcnews.com time to read: +14 min

Republican candidate Herschel Walker's campaign was starved for cash as it faced Sen. Raphael Warnock and his deep-pocketed Democratic allies. Beyond highlighting an intense clash in a nationally watched political campaign’s crucible, the blowup underscored the core problem of Walker’s campaign: Walker. The so-called “oppo” book, however, didn’t have information about the abortion story, which rocked Walker’s campaign. And despite the damaging information that could come out in a campaign, Walker decided to run anyway. By Election Day, Walker campaign staffers knew they were likely to lose.

☆ Pence says he was 'disappointed' in Trump for firing Secretary of State Rex Tillerson via tweet: book
▼ + stars: | 2022-11-16 | by ( John L. Dorman | ) www.businessinsider.com time to read: +5 min

Pence said he was "disappointed" in Trump for firing Rex Tillerson as secretary of state via tweet. In his new memoir, "So Help Me God," the former vice president lauded Tillerson as a "class act." Trump launched a 2024 presidential run on Tuesday, and Pence is also exploring a White House bid. Whatever differences he had with the president, the secretary of state was a class act." Trump — who on Tuesday announced that he would run for president again in 2024 — replaced Tillerson with Mike Pompeo, a former congressman and ex-CIA director.

☆ GOP Insider readers: Dump Trump!
▼ + stars: | 2022-11-11 | by ( Kayla Gallagher | ) www.businessinsider.com time to read: +26 min

Insider asked its Republican readers to send in their thoughts on Donald Trump following the GOP's dismal midterm performance. Subscribers to Insider's newsletter were asked two questions: Do you agree with the GOP insiders who blame Trump? Andrew Lichtenstein/Corbis via Getty Image— Joe S.I don't blame Trump per se. Olivier Douliery/AFP via Getty Images— Julia T.I think Trump, DeSantis AND the GOP are EXTREMELY dangerous for our Democracy. The Republican Party needs to get away from the extremists in the party or the Republican Party will no longer exist.

Countries from Spain and France to as far north as Norway and Sweden are experiencing unseasonably warm temperatures for this time of year. When the band of air is wavier than normal, it can move warm air northward or conversely cause polar air to reach farther south. Still, it’s clear that climate change is amplifying the consequences of jet stream anomalies, O’Reilly said. Across western and central Europe, unseasonably warm temperatures are expected to persist for the next two weeks. While it’s unusual, the anomalous warm spell fits within the bigger pattern of global warming, Pershing said.

☆ 2 major Russia businessmen renounced their citizenship, condemning Putin's invasion of Ukraine
▼ + stars: | 2022-11-01 | by ( Sophia Ankel | ) www.businessinsider.com time to read: +4 min

Revolut CEO Nikolay Storonsky and tycoon Oleg Tinkov renounced their Russian citizenship. "I hate Putin's Russia, but love all Russians, who are clearly against this crazy war!" In the later post, Tinkov blamed "Kremlin trolls" for that first post having "mysteriously disappeared." Storonsky also criticized the conflict in a company blog post earlier this year, highlighting his Ukrainian family connections. "I hope more prominent Russian businessmen will follow me, so it weakens Putin's regime and his economy," he wrote.

☆ Why This 'Holy Trinity' Portfolio up 5% This Year Has More Upside
▼ + stars: | 2022-11-01 | by ( William Edwards | ) www.businessinsider.com time to read: +4 min

Vincent Deluard says investors face three main risks: inflation, recession, and rising rates. "I call it the Holy Trinity Portfolio, which for the year is up 5%. To combat rising interest rates, Deluard likes financials. Second, to hedge against recession risks, Deluard likes healthcare because of its defensive nature. Finally, Deluard likes the energy sector as a hedge against inflation risk.

☆ After blistering summer, France and Spain bathe in unseasonably warm autumn
▼ + stars: | 2022-10-27 | by ( ) www.reuters.com time to read: +3 min

NICE, France, Oct 27 (Reuters) - France and Spain experienced unusually warm temperatures on Thursday, bringing some bathers out to beaches but also adding to mounting concerns about changing weather patterns in Europe. Western Europe's unusually balmy October follows a summer during which blistering temperatures parched farmlands and rivers and wildfires ran amok. [1/2] People enjoy a warm and sunny autumn day on the beach of the Promenade des Anglais in Nice, France, France October 27, 2022. Beach resorts across France have extended their season as the unusually hot weather keeps tourists coming. "This is a summer season that is not ending," said Rene Colomban, head of the Nice beach operators association.

☆ Ex-Capitol Police officer charged with obstruction tells jury he is 'embarrassed' over Facebook chat with Jan. 6 rioter
▼ + stars: | 2022-10-24 | by ( Ryan J. Reilly | Ryan J. Reilly Is A Justice Reporter For Nbc News. | ) www.nbcnews.com time to read: +4 min

Riley testified that he regrets reaching out to Hiles “every day” and that this has been “the worst year" of his life. Riley was charged in October 2021, and resigned from the department that month, although the details of his departure and current status have been concealed from jurors. Riley, who fishes in his free time, befriended Hiles, a boat captain with a social media following, shortly before the Capitol attack. “I was mad at myself and I was mad at Jake,” Riley testified. Assistant U.S. Attorney Anne P. McNamara asked Riley if he had wanted Hiles charged.

☆ Death threats, insomnia, and near-minimum wage: A Meta customer service contractor reveals what it's like to be on the frontline of Facebook customer complaints
▼ + stars: | 2022-10-18 | by ( Lara O'Reilly | ) www.businessinsider.com time to read: +6 min

A Meta customer service agent working for third-party firm Teleperformance revealed the job has become so stressful, she suffers from insomnia. Because sometimes she's powerless to help Meta users, it's tough to earn productivity bonuses, she said. She can investigate, troubleshoot, and as a last resort escalate the matter to the internal Meta team. Despite not being empowered to help, Meta customer support agents are also instructed not to use words such as "sorry" or "unfortunately," Charlotte said. *This article uses a pseudonym that was chosen by Insider, which is aware of the Meta customer service contractor's real identity.

Search resuls for: "Moron"

25 mentions found