DIRS.INFO The most relevant business & tech news

☆ A Tesla owner said he heard a 'hissing' sound from the battery before it caught on fire in his garage
▼ + stars: | 2023-11-13 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +3 min

A Tesla vehicle caught fire in Plano, Texas on Friday, local news outlet WFAA reported. The owner told WFAA he heard a hissing sound coming from the battery before it caught alight. He said he had the new battery installed the day before the fire, that took hours to distinguish. AdvertisementAdvertisementA Tesla owner said he heard a hissing sound coming from the battery the day before it caught fire in his garage. The Tesla owner told WFAA he had the new battery installed Thursday at a Tesla dealership in Plano, which is part of the Dallas-Fort Worth Metro area.

Persons: —, Tesla, Daniel Daly, Daly Organizations: WFAA, Service, ABC, Fort, BBC, Rescue Service, Sacramento Metropolitan Fire Department, Plano Locations: Plano , Texas, Plano, Dallas, Fort Worth Metro, Essex County, California, Sacramento

Several months before his guilty plea, Kelley posted on social media that the Capitol riot was an FBI “set up." Kelley spoke at a “Stop the Steal” rally at the state Capitol in Lansing in November 2020, shortly after the presidential election. Kelley remained on Capitol grounds for nearly two hours but isn't accused of entering the building that day. Also on Tuesday, a woman who smashed a window at the Capitol and used a bullhorn to direct other rioters on Jan. 6 was sentenced to four years and nine months in prison. A prosecutor has said Powell, 41, of Sandy Lake, Pennsylvania, played a “leading role” during the riot.

Persons: Ryan Kelley, Kelley, FBI “, ”, Christopher Cooper, ” Cooper, Donald Trump’s “, Trump, “, ” Kelley, isn’t, “ Mr, Shanai Watson, Tudor Dixon, Gretchen Whitmer, Mr, Gary Springstead, Kelley “, Royce Lamberth, Rachel Marie Powell, Lamberth, Powell Organizations: WASHINGTON, —, Republican, Michigan, U.S . Capitol, FBI, Facebook, District, Washington , D.C, Capitol, Democrat, ” Locations: Allendale , Michigan, Washington ,, Lansing, Michigan, U.S, Sandy Lake , Pennsylvania

Zoey’s father worked at the gas station where rescuers tried to save her life, but its manager and corporate owner also declined comment. It doesn’t make any sense,” said Mike Fonkert, deputy director of Kansas Appleseed, whose group also sued the state over its child welfare system. Bradley, who has four kids of her own, said she asked Zoey's mother if she could help in her care. In August 2022, Zoey’s mother was arrested for domestic battery, with her teenage daughter listed as the victim. That same month, Zoey's mom pleaded guilty to felony aggravated battery and driving under the influence, and was sentenced to probation.

Persons: — Zoey Felix's, Zoey, Weeks, Mickel Cherry, ”, Shakti Belway, Cherry, Mark Manna, Zoey’s, “, “ I’m, Laura Howard, Mike Fonkert, Kansas, Shaniqua Bradley, Bradley, Zoey's, ” Bradley, Sasha Camacho, Zoey —, Camacho, Dad, Zoey didn’t, Desiree Myles, Zoey couldn't, Gretchen Spiker, Spiker, Fonkert, —, Sharon Williams, ‘, ” ___ Hollingsworth, Jennifer Farrar, Rhonda Shafner, Randy Herschaft Organizations: Police, for Children, Families, National Center for Youth Law, Defense, Authorities, Associated Press, AP, Department for Children, Topeka, Prosecutors Locations: TOPEKA, Kan, Topeka, Kansas, Zoey’s, Nevada, Mission , Kansas, New York

☆ Unrealized losses on bank balance sheets have restricted lending, says Bridge 2 Partners' Graham
▼ + stars: | 2023-10-13 | 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 EmailUnrealized losses on bank balance sheets have restricted lending, says Bridge 2 Partners' GrahamPaul Graham, lending and data governance practice leader at Bridge 2 Partners, and Aaron Klein, senior fellow in economic studies at The Brookings Institute, join 'The Exchange' to discuss unrealized losses on bank balance sheets leading to tighter lending standards, whether banks should receive a bailout for unrealized losses, and what a TARP 2.0 could look like.

Persons: Graham Paul Graham, Aaron Klein Organizations: Partners, Brookings Institute

☆ The US Navy turned the tables on Iran, sending drones that look like speedboats to spy on its warships and troublesome gunboats
▼ + stars: | 2023-10-06 | by ( Jake Epstein | ) www.businessinsider.com time to read: +8 min

NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. US Navy photoAn undated still image released on Oct. 6 from video taken by an Arabian Fox MAST-13 unmanned surface vessel of an Iranian Navy AB-212 helicopter in the Strait of Hormuz. AdvertisementAdvertisementOther images from the September operation that were released by the US Navy on Friday showed an IRGCN warship and an Iranian Navy frigate. An L3Harris Arabian Fox MAST-13 unmanned surface vessel sails in the Arabian Gulf, Jan. 22, during exercise Neon Defender 23. US Navy photoA MARTAC T-38 Devil Ray unmanned surface vessel operates in the Gulf of Aqaba, Mar.

Persons: —, NAVCENT, Joe Baggett, Ray USV, Brad Cooper, Cooper, Arleigh Burke, Alexus, Grynkewich, they'll Organizations: US Navy, Navy, Service, Washington, Islamic Revolutionary Guard Corps Navy, US Naval Forces Central Command, Iranian, Fleet, Iranian Navy, Arabian Fox, US Marines, Coast Guard, Pentagon, Bataan, Ready, 26th Marine Expeditionary Unit, US Air Forces Central Command, Defense Writers Locations: Tehran, Hormuz, Persian, Gulf of Oman, Iran, Arabian, Panama, Strait, Iranian Navy, Iranian, NAVCENT, Gulf, Aqaba, Mar

☆ Side-by-side photos show 4 major changes made to SpaceX's Starship rocket system after its first launch ended in an explosion
▼ + stars: | 2023-09-19 | by ( Marianne Guenot | Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +11 min

AdvertisementAdvertisementMore than a thousand changes have been made to the rocket since and it is now "ready to launch" again Musk recently said. SpaceX's enormous Starship mega-rocket is made of two stages: the Starship spaceship and its booster, the Super Heavy booster. The Starship-Super Heavy launch system is made up of two stages. Instead, for Starship's maiden test flight, SpaceX decided to see if they could absorb the force of the flames with a thick concrete launchpad alone. The FAA will still need to review the changes made to the Starship launch system before it can grant a new license.

Persons: Elon Musk, Musk, it's, Abhi Tripathi, Starship's, Tripathi, Ashlee Vance, Vance, hushes, —, SpaceX's, LabPadre, SpaceX hasn't, It's, April's, Polly Trottenberg, Jared M, Margolis Organizations: SpaceX, Service, NASA, Super, Mission, University of California's, Sciences Laboratory, Flight Safety, FAA, Bloomberg, Boca Chica, CNBC, Texas Commission, Environmental, Center for Biological Diversity Locations: Wall, Silicon, Starship's, Boca Chica , Texas

☆ Bear spotted at Disney World prompts closure of parts of Magic Kingdom
▼ + stars: | 2023-09-18 | by ( Natasha Chen | Marlon Sorto | ) edition.cnn.com time to read: +2 min

CNN —A bear that prompted partial closures at Walt Disney World’s Magic Kingdom on Monday was captured without incident and is being relocated, according to a news release from Florida Fish & Wildlife Conservation Commission. Nearly a dozen attractions were closed on Monday at the time authorities were trying to locate the bear at Magic Kingdom, according to the My Disney Experience app. WESHIt was not clear if the closures, or how many, were related to the bear sighting. CNN has reached out to Disney for more details about specific closures but has not heard back yet. There are three other major parks at the resort: EPCOT, Hollywood Studios and Animal Kingdom.

Persons: ” FWC, FWC, Sawyer, Craig Williams, Disney, “, Shawn Nottingham, Carlos Suarez, Melissa Alonso, Kate Conerly Organizations: CNN, Walt Disney World’s, Florida Fish & Wildlife Conservation Commission, Ocala National Forest, Disney, Walt Disney World Railroad, Liberty Square, Hall, Presidents, Haunted, Liberty, WESH, Hollywood Studios, Animal Locations: Ocala, Magic, Caribbean, Frontierland, EPCOT, Animal Kingdom

☆ Morocco’s quake survivors must rebuild their homes and lives. But decimated communities can do little to help
▼ + stars: | 2023-09-16 | by ( Ivana Kottasová | ) edition.cnn.com time to read: +9 min

Atlas Mountains, Morocco CNN —Khadija Ait Si Ali was just starting to rebuild her life when the earthquake struck. He told CNN he was determined to rebuild a home for his family. He told CNN the financial assistance would be a significant help for people living in the mountains. Back in Tinzert, Khadija Ait Si Ali said that for now, she was just trying to focus on her baby and get through each day. Ait Si Ali said she felt lost with nobody to turn to.

Persons: Morocco CNN —, Ait Si Ali, “, ”, Amal Zniber, Amis Des Écoles, ” Zniber, Abdu Brahim, Hanan Ait Brahim, Ivana Kottasová, ” Hanan Ait, Hanan Ait, Abdelkarim Ait, Adil Akanour, ” Akanour, Akia, Akia Nayet, Fatme, CNN Mariam Maroi, Mariam Maroi, Brahim Organizations: Morocco CNN, CNN, Amis, Moroccan, United Nations Locations: Morocco, Tinzert, Tafeghaghte, Marrakech, Abdelkarim Ait Amkhaine’s, Ouirgane, Akanour, Asni, Turkey, Syria

☆ Liberals Shun Oliver Anthony at Their Peril - The New York Times
▼ + stars: | 2023-08-30 | by ( Nicholas Kristof | ) www.nytimes.com time to read: +1 min

A self-described high school dropout living in a camper with a tarp on the roof sings a plaintive cri de coeur about blue collar workers being shafted by the wealthy, and it is right-wing Republicans who rush to embrace him while Democrats wag their fingers and scold him for insensitivity. Have Democrats retreated so far from their workingman roots that their knee-jerk impulse is to dump on a blue collar guy who highlights “folks in the street, ain’t got nothin’ to eat”? “I’ve been sellin’ my soul, workin’ all day,” Anthony laments. He blames the travails of workers on “rich men north of Richmond” — a swipe at Washington and elites generally. Some of his lines aren’t so different from elements in F.D.R.’s speech about “the forgotten man” or in Robert Kennedy’s elegy for “the shattered dreams of others.”

Persons: ain’t, you’ve, I’m, Oliver Anthony, “ Rich, “ I’ve, ” Anthony, Robert Kennedy’s, ” Organizations: Republicans, North Locations: Richmond, Washington, F.D.R

☆ Photos show the grim conditions inside a London house where local officials say a 'slum' landlord stuffed up to 40 tenants into 4 bedrooms and made $450,000
▼ + stars: | 2023-08-21 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +3 min

Photos show the grim conditions inside a London house where up to 40 tenants lived at a time. One tenant even lived in a shed made out of pallets, with no lighting or heating, photos show. The house in Wembley where up to 40 tenants lived. Brent Council/SWNSFire exits were blocked throughout the house and large holes appeared in the ceilings, exposing the dilapidated wood slats holding up the house, SWNS photos show. A hole in the ceiling at the Wembley property.

Persons: Jaydipkumar Rameshchandra, Brent, SWNS Organizations: Service, Brent Council, Brent Borough, UK Border Force Locations: London, Wall, Silicon, Wembley, Brent

The storm has put the migrant population in Tijuana in an even more vulnerable position, since most of the camps and shelters lack the basic conditions to withstand even light rain. While waiting for an asylum appointment in the border city of Tijuana, Mr. Torres found himself not only escaping violence but also a life-threatening tropical storm on Friday. Image People at a makeshift shelter in Tijuana as Tropical Storm Hilary hit Mexico on Sunday. The migrants crossed the heavily polluted Tijuana River into U.S. territory, and waited to be processed in the rain. At the Ambassadors of Jesus Church, a migrant shelter housing some 1,600 people, water had completely surrounded the building, said Father Gustavo Banda, who operates the shelter.

Persons: José de Jesús Torres, Torres, Areli, ”, Hilary, Gustavo Banda, Enrique Lucero Organizations: Tropical, Sunday ., Reuters, Sunday, U.S . Border Patrol, of Jesus Church Locations: Michoacán, Mexico, U.S, United States, Tijuana, Colombian, California

☆ Hawaii wildfires: Anger and aid spread amid the devastation
▼ + stars: | 2023-08-15 | by ( Bill Weir | ) edition.cnn.com time to read: +7 min

Lahaina, Hawaii CNN —A week after blowtorch winds brought the most horrific disaster in modern Hawaiian history, members of Maui’s working class have become do-it-yourself first responders and cul-de-sac commanders. A woman collects water at a shopping center in Lahaina where different groups are handing out supplies. “We had three families sleep here the first night and we fed them just as if they were local. While the Hawaii Visitors and Convention Bureau took to social media to “strongly discourage” visitors from vacationing on the western side of Maui. At least 99 people have been confirmed dead from the wildfires, and the number could double over the next 10 days, Hawaii Gov.

Persons: Evelio Contreras, Keoki Naihe, ”, he’s, Alika Peneku, “, Brittany Fleck, Charlie Fleck, ” Charlie, Grace Hurt, Josh Green, of Fame waterman, ‘, ’, Archie Kalepa, Kalepa, Deanne Criswell, ” Criswell, ” Naihe, “ We’ve, ” Peneku Organizations: Hawaii CNN, CNN, CNN “ Tourists, Facebook, Hawaii Visitors, Hawaii Gov, Pohaku, of Fame, Ocean Safety, aloha, FEMA, Small Business Administration Locations: Lahaina, Hawaii, Maui, Charlie, “, Peneku, Pohaku, Pohaku Beach

☆ 'Potential minefield': Value investor Guy Spier talks U.S. bank risks, reveals his top stock to own
▼ + stars: | 2023-08-11 | by ( Ganesh Rao | ) www.cnbc.com time to read: +4 min

Renowned value investor Guy Spier has said U.S. regional banks are a "potential minefield" in the current market environment. Moody's left the larger banks' ratings unchanged. Consolidation risks Spier explained that his view stems from the fact that the U.S. banking system remains highly fragmented, with around 12,000 banks nationwide. While not a "massive advantage," Spier believes larger money center banks like Bank of America have a slight edge in profitability over regional banks. Technology threat Aside from the risks highlighted by Moody's, Spier suggested that technology and innovation also pose major threats to regional banks.

Persons: Guy Spier, Spier, Warren Buffett, CNBC's, Moody's, he's Organizations: Bank of America, Spier . Technology, of America, Federal Reserve, U.S, JPMorgan, Citi, Asset Relief, CNBC Locations: Spier, U.S, Bank

☆ Pieces of shattered Titanic submersible brought ashore in Canada
▼ + stars: | 2023-06-28 | by ( Ismail Shakil | ) www.reuters.com time to read: +2 min

OTTAWA, June 28 (Reuters) - A Canadian-flagged ship on Wednesday brought ashore debris from the Titan submersible that imploded while on a voyage to the century-old wreck of the Titanic earlier this month, killing all five people on board. [1/5]A view of the Horizon Arctic ship, as salvaged pieces of the Titan submersible from OceanGate Expeditions are returned, in St. John's harbour, Newfoundland, Canada June 28, 2023. The deep-sea submersible operated by OceanGate Expeditions was discovered in pieces on the seabed some 1,600 feet (488 meters) from the bow of the Titanic by a robotic diving vehicle last week, ending a multinational five-day search for survivors. "Our team has successfully completed off-shore operations, but is still on mission and will be in the process of demobilization from the Horizon Arctic this morning," Pelagic Research, which operates the robotic vehicle, said in a statement. Footage also showed a shattered part of the hull and machinery with dangling wires being taken off the ship at St. John's, where the expedition to the Titanic had set off from.

Persons: Hamish Harding, Shahzada Dawood, Paul, Henri Nargeolet, David Hiscock, Ismail Shakil, Deepa Babington Organizations: OTTAWA, Titan, Canadian Broadcast Corporation, OceanGate Expeditions, Stockton Rush, REUTERS, Thomson Locations: John's, Newfoundland, British, Pakistani, St, Canada, Ottawa

CNN —Huge pieces of the doomed submersible Titan were hoisted onto a Canadian pier Wednesday nearly a week after authorities announced a “catastrophic implosion” had killed all five men onboard the minivan-sized vessel, according to the company leading the effort and photos of the task. Titan debris brought up from the ocean floor is unloaded Wednesday from the Horizon Arctic ship at the Canadian Coast Guard pier in St. John's. Pelagic Research Services deferred questions to the US Coast Guard, adding its team cannot comment on or provide any information related to the investigation into the Titan’s demise. The company will hold a news conference at its East Aurora, New York, operations base after “our team has regrouped,” it said. A Transportation Safety Board of Canada spokesperson declined to comment to CNN, saying more information about its investigation is forthcoming as warranted.

Persons: Canadian Press ’ Paul Daly, John's, Paul Daly, Titan’s, “ Organizations: CNN, Canadian Coast Guard, Canadian Press, Research, Crew, US Coast Guard, Transportation Safety Board, Canada Locations: St, John’s, Newfoundland, Labrador, Aurora , New York

OTTAWA, June 28 (Reuters) - Debris from the tourist submersible destroyed in an implosion that killed the five people aboard were recovered along with presumed human remains and brought ashore on Wednesday for examination, the U.S. Coast Guard said. U.S. medical professionals also "will conduct a formal analysis of presumed human remains that have been carefully recovered within the wreckage at the site of the incident," the Coast Guard statement added. Footage also showed a shattered piece of the Titan's hull and machinery with dangling wires being taken off the ship at St. John's, where the expedition to the Titanic had begun. [1/6]A view of the Horizon Arctic ship, as salvaged pieces of the Titan submersible from OceanGate Expeditions are returned, in St. John's harbour, Newfoundland, Canada June 28, 2023. Among the dead was Stockton Rush, the submersible pilot and CEO of U.S.-based OceanGate Expeditions, which owned and operated the Titan.

Persons: David Hiscock, Hamish Harding, Shahzada Dawood, Paul, Henri Nargeolet, OceanGate, Ismail Shakil, Steve Gorman, Deepa Babington, Leslie Adler Organizations: OTTAWA, U.S . Coast Guard, Canadian, Coast Guard, Guard, Canadian Broadcast Corp, OceanGate Expeditions, REUTERS, Canada's Transportation, Stockton Rush, Expeditions, Thomson Locations: St, John's, Newfoundland, Canada, U.S, North, British, Ottawa, Los Angeles

☆ A ground crew worker was killed after being sucked into the engine of a Delta plane as it was taxiing at San Antonio airport
▼ + stars: | 2023-06-25 | by ( Alia Shoaib | ) www.businessinsider.com time to read: +3 min

An airline worker was sucked into the engine of a Delta plane at San Antonio International Airport in Texas. A ground crew worker at San Antonio International Airport, Texas, was killed after being sucked into an engine on the tarmac. The board confirmed that the ground crew employee died after being "ingested" into the engine of the Airbus A319, the outlet reported. "An accident occurred on the ground at San Antonio International Airport (SAT) tonight that resulted in the fatality of an airline ground crew member," the airport said in a statement, per DailyMail.com. Airline worker Courtney Edwards, a mother of three, was similarly "ingested" into the engine of a plane in Alabama earlier this year.

Persons: Unifi, Courtney Edwards Organizations: San Antonio International Airport, Authorities, Morning, San Antonio International Airport ,, Delta, National Transportation Safety Board, Airbus, NTSB, Delta Air Lines, Aviation Locations: Texas, San Antonio International Airport , Texas, Los Angeles, Alabama

☆ Opinion: Trump, the hoarder in chief
▼ + stars: | 2023-06-18 | by ( Richard Galant | ) edition.cnn.com time to read: +13 min

We’re looking back at the strongest, smartest opinion takes of the week from CNN and other outlets. Photos included in the 38-count indictment of former President Donald Trump and his aide Walt Nauta show bankers boxes stacked in a bathroom and other parts of Trump’s Mar-a-Lago club. Trump has always hung onto news clippings, documents and other mementos,” The New York Times reported. “Trump is chaotic and unpredictable in a way that could lead other Republicans to believe that there is a chance he won’t make it to the convention. As Zelizer noted, “Trump has denied wrongdoing, claiming he is being unfairly targeted.”But “given this unusual context, Republicans have legitimate reasons to think that there could be an upset.

Persons: Harry Fellowes, Fellowes, Harry Fellowes couldn’t, Donald Trump, Walt Nauta, Trump, Kim Jong, Mr, Jack Smith’s, Peter Bergen, ” Bergen, Nick Anderson, David Zurawik, “, ” Zurawik, ” Clay Jones, ” Trump, Jill Filipovic, ” Dana Summers, John Avlon, MAGA hasn’t, Gautham Rao, Donald Trump’s, Dean Obeidallah, Hillary Clinton, Phil Hands, Miami Mayor Francis Suarez, Julian Zelizer, “ Trump, ”, Facebook Trump, Zelizer, Republican Alice Stewart, Joe Biden, Mike, Pence, Agency Stewart, I’m, that’s, Chris Christie, Christie, Cupp, ’, Frida Ghitis, Mucutuy, –, Cristin, Tien Ranoque, ” Ghitis, David Andelman, Ruth Ben Ghiat, Brett Bruen, Sébastien Roblin, Michael Bociurkiw, Father’s, Edward S, Feldman, Harrison Ford, David G, Allan, Tom Hanks, ” Allan, I’ve, Ford, Indiana Jones, Steve Majors, Young, Joyce M, Davis, Pete Buttigieg, ” Davis, Buttigieg, Don’t, Tom Stiglich, Syndicate David Culver, Opal Lee, Dion Sims, Black, Juneteenth Scott Hodge, Roxanne Jones, LeBron James, NBA Joshua Douglas, Samuel Huneke, Jere Hester, they’re, Sir Paul McCartney, John Lennon’s, Yoko Ono, Lennon’s, McCartney Organizations: CNN, White, The New York Times, West Wing, Tribune, Agency, US, Trump, Miami Mayor, Republican, Twitter, Facebook, intel, New, New Jersey Gov, Paramount Pictures, “, Syndicate, NBA, Central Press, Hulton, Beatles, BBC Locations: Trump’s, Mar, Miami, New Jersey, China, Philadelphia, Atlanta , Georgia, Harrisburg , Pennsylvania, Jamaica

☆ Opinion: How a 13-year-old saved her 3 siblings in a snake-infested jungle
▼ + stars: | 2023-06-14 | by ( Opinion Frida Ghitis | ) edition.cnn.com time to read: +7 min

She is a weekly opinion contributor to CNN, a contributing columnist to The Washington Post and a columnist for World Politics Review. One of the heroes of the mission was Wilson, the search dog, who has gone missing in the jungle. The children say they spent several days with Wilson, and their drawings of their time in the jungle show him. Jacobombaire Mucutuy had guided her siblings toward water. Ranoque said his children survived because Jacobombaire Mucutuy knew what to do.

Persons: Frida Ghitis, Mucutuy, Donald Trump, I’m, Jacobombaire Mucutuy, –, Cristin, Tien Ranoque, Rescuers, Manuel Ranoque, Wilson, Ranoque, ” Organizations: CNN, Washington Post, Politics, Marxist, Wilson, Twitter, Facebook Locations: Guaviare, Ukraine, United States, Colombian, Bogotá, Colombia

☆ How to build a cheap DIY underground bunker to protect you from nuclear fallout, in 6 steps
▼ + stars: | 2023-06-03 | by ( Adam Barnes | ) www.businessinsider.com time to read: +10 min

In a pinch, this DIY fallout shelter would be better than an above-ground building, an expert said. Turns out, if a nuclear attack is imminent, you can build your own DIY fallout shelter for relatively cheap. Equipment you'll need for a DIY fallout shelterPhoto taken in 1961 of a 77-year-old man who built his own fallout shelter in his backyard. How to build a DIY fallout shelter for cheap in 6 stepsFirst, scout out a location for your fallout shelter. How this DIY fallout shelter would protect youSoil is a great shield from radioactive fallout.

Persons: —, Michael Ochs, Stringer, Cresson H, it's, Sun, bomba, Alex Wellerstein, MAXIM ZHURAVLEV Organizations: Service, Michael Ochs Archives, National Laboratory, Laboratory, Getty, University of Nevada, United States National Locations: Oak, Kearny, Nes, Las Vegas

☆ What happens next with debt deal? Wall Street economists gauge the odds on passage from here
▼ + stars: | 2023-05-30 | by ( Michelle Fox | ) www.cnbc.com time to read: +7 min

An agreement on the United States' debt ceiling doesn't necessarily mean a smooth path to President Joe Biden's desk. Several Wall Street economists agree the deal will likely get signed, but not without some bumps along the way. House Committee on Rules meeting Before the legislation reaches the House for a vote, it must go through the 13-member House Committee on Rules — nine Republicans and four Democrats. "If all three vote against and no Democrat votes in favor, the bill will fail," Hatzius wrote in a Monday note. Tight House vote It's expected to be a tight vote in the House.

☆ Analysis: Why we may need a stock market plunge to solve the debt ceiling crisis
▼ + stars: | 2023-05-22 | by ( Matt Egan | ) edition.cnn.com time to read: +4 min

They know how it ends: with politicians waiting until the last minute before giving in and finally raising the debt ceiling before disaster strikes. On Friday, it looked like the White House and Republicans were getting closer to a deal on the debt ceiling before talks unexpectedly broke down. In 2011, the most serious near-default in American history, markets experienced volatility in the days and weeks before Washington reached a last-minute deal to raise the debt ceiling. None of this is to say markets are completely ignoring the debt ceiling drama today. The debt ceiling is a manufactured crisis that officials could have dealt with months ago.

☆ Through Catastrophe, and in Community, the Art of Daniel Lind-Ramos
▼ + stars: | 2023-05-04 | by ( Holland Cotter | ) www.nytimes.com time to read: +1 min

I often remember big museum roundups of new art for a single standout entry. In the case of the 2019 Whitney Biennial, the memory of a regally enigmatic sculpture titled “María-María” by the Puerto Rican artist Daniel Lind-Ramos won’t let go. The head was a lacquered coconut; her oceanic cloak was a plastic FEMA tarp. Whatever the work’s meanings, the Whitney curators accurately gauged its potency. They set it apart from everything else, as if on an altar, in a niche-like west-facing window, with open sky and the Hudson River as backdrop.

☆ They Saw the Horrific Aftermath of a Mass Shooting. Should We?
▼ + stars: | 2023-04-20 | by ( Jay Kirk | ) www.nytimes.com time to read: +12 min

Jeff decided that he and Sam would be the only two permitted to have phones inside, in order to limit photographs. It was something Jeff learned to do from the nurses at Bristol Hospital a million years ago when he was a paramedic. He had already made the mistake when one fluttered out as he was dumping an uneaten lunch into the trash. They would set up staging tables in the tent for mass processing of the evidence, nothing they’d ever done at this scale. The problem was that during these interruptions it was not as if they could just step outside for a break.

☆ Debt default would be ‘catastrophic’ event that could kill millions of American jobs, Moody’s warns
▼ + stars: | 2023-03-07 | by ( Matt Egan | ) edition.cnn.com time to read: +3 min

New York CNN —A breach of the US debt ceiling risks sparking a 2008-style economic catastrophe that wipes out millions of jobs and sets America back for generations, Moody’s Analytics warned on Tuesday. “A default would be a catastrophic blow to the already fragile economy,” Zandi said in prepared remarks to be delivered during a Senate subcommittee hearing on Tuesday. Citing concerns about America’s mountain of debt, Republicans have called for steep cuts to federal spending in exchange for raising the debt ceiling. Given the enormous stakes, Moody’s Analytics urged lawmakers to avoid playing chicken with US debt. “Lawmakers should put an end to the wrangling over the debt limit and increase it with no strings attached so future generations can enjoy the same benefits,” Zandi said in his prepared remarks.

Search resuls for: "TARP"

25 mentions found