DIRS.INFO The most relevant business & tech news

That’s when police say Card was committed to a mental health facility for two weeks after acting erratically and “hearing voices and threats to shoot up” a military base. State Police troopers took Card, a sergeant 1st class, to the Keller Army Community Hospital at West Point for what would be two weeks of mental health evaluation. What New York State Police did about Card’s threats is unclear. “Just because there appears to be a mental health nexus to this scenario, the vast majority of people with mental health diagnosis will never hurt anybody,” Sauschuck said. She said someone dropped the ball because Card’s threats and medical evaluation should have triggered a yellow flag seizure of his guns when he returned home.

Persons: Robert Card, –, ”, Jack Clements, Joel Merry, ” Merry, Card, “, Clements, we’ve, ” Clements, ‘, Jonathan Crisp, it’s, ” Crisp, Michael Sauschuck, ” Sauschuck, Jody Madeira, ” ___ Condon, Mustian, Patrick Whittle, Rhonda Shafner Organizations: U.S . Army, Associated Press, U.S . Army Reserve, Army Reserve, Army, Authorities, FBI, New York State Police, Army Reserve’s, Battalion, 304th Infantry Regiment, State Police, AP . State Police, Keller Army Community Hospital, York State Police, Maine, of Public, Indiana University Locations: Maine, Saco, Sagadahoc County, Bowdoin, West Point , New York, That’s, Lewiston, West Point, West, Madeira, New York, Portland , Maine, Investigative@ap.org

But hours later, after repeated announcements and a search, authorities moved off — and it was still unclear whether Card had ever been at the location, state police said. Richard Goddard, who lives on the road where the search took place, knows the Card family. The evening shootings killed 18 people and wounded 13 others, with three people still hospitalized in critical condition, authorities said. Schools in Lewiston were to remain closed Friday, while those in Portland would decide in the morning whether to open. Ten more will likely be issued once the names of the rest of the dead are confirmed, said Maine State Police Col. William Ross.

Persons: —, Robert Card, Card, Richard Goddard, Goddard, “, haven’t, Stevens, ” Stevens, Janet Mills, Dave Letarte, Letarte, ” Letarte, didn’t, William Ross ., Patrick Poulin, ” Poulin, ”, Ryan Smith, Smith, Diana Florence, Patrick Whittle, Robert Bukaty, Darlene Superville, Lolita Baldor, Michael Casey, Kathy McCormack, Rhonda Shafner, Jeffrey Collins Organizations: FBI, Authorities, Canada Border Services Agency, . Schools, Bates College, Maine Gov, U.S, Associated Press, Police, Central Maine Medical, Coast Guard, University of North, The Associated Press, USA, Northeastern University, ___ Associated Press, Washington , D.C Locations: LEWISTON , Maine, Maine, Bowdoin, —, Lewiston, Portland, U.S, Schemengees, Kennebec, Lisbon, Androscoggin, University of North Carolina, Chapel, United States, Portland , Maine, Lewiston , Maine, Washington ,, Boston, Concord , New Hampshire, New York, Columbia , South Carolina

BANGKOK (AP) — World shares and crude oil prices have slipped ahead of an update on the state of the U.S. economy in the last quarter. Uncertainty over the U.S. economic outlook, the war in the Middle East and other hazards is rippling through world markets. High yields whittle away at prices for stocks and other investments while slowing borrowing and adding pressure to the financial system. In the oil market, U.S. benchmark crude oil sank $1.23 to $84.16 per barrel in electronic trading on the New York Mercantile Exchange. However, escalations in the conflict do not necessarily cause oil prices to surge.

Persons: Germany's DAX, Hang Seng, Sydney's, Taiwan's Taiex, whittle, Brent, it’s Organizations: CAC, Dow Jones, Treasury, Tokyo’s Nikkei, Federal, New York Mercantile Exchange, U.S Locations: BANGKOK, U.S, Paris, Seoul, Hong, Shanghai, Bangkok, . U.S, Israel, Iran, escalations, Gaza

☆ The next House speaker will inherit a mountain of work that threatens the stability of their speakership before it even begins
▼ + stars: | 2023-10-24 | by ( Madison Hall | ) www.businessinsider.com time to read: +4 min

House Republicans are still trying to figure out who they want as the next speaker. The new speaker will need to keep the government funded, pass Israel and Ukraine packages, and more. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . House Republicans began the secret voting process on Tuesday morning to whittle down the 8 remaining speaker candidates until only one remains. AdvertisementAdvertisementThe mountain of responsibilities the next speaker needs to urgently take care of is getting bigger and bigger.

Persons: It's, McCarthy, —, whittle, Kevin McCarthy, Biden, It'll Organizations: Republicans, Service, Biden Administration, Russian, Senate, Foreign Intelligence, GOP Locations: Israel, Ukraine

“The border has never been a money issue,” said Rep. Dan Crenshaw, R-Texas. It also suggests $1.4 billion to add 375 immigration judges and their teams in addition to money for 1,300 new border patrol agents. “But it’s got to be designed to secure the border, not to facilitate travel through the border,” he said. “No more money should be spent simply to facilitate current border policy.”It's unclear if compromise is possible on the issue. The border is not about money; there’s some money that needs to be spent on certain things, but it is way more about policy.

Persons: Joe Biden, It's, ”, Dan Crenshaw, Biden, “, Colleen Putzel, there's, Eric Adams, Alex Gough, J.B . Pritzker, Maura Healey, Kevin McCarthy, Sen, Kevin Cramer, he’d, it’s, Texas Republican Sen, John Cornyn, Chris Murphy, ” Murphy, ” Crenshaw, Mary Clare Jalonick, Kevin Freking, Claire Savage, Mike Casey, Patrick Whittle, Lisa Rathke, Holly Ramer Organizations: WASHINGTON, U.S, White, Democratic, Homeland Security, Migration Policy Institute, Central America, New York, ”, O’Hare, Illinois Gov, GOP, Texas Republican, Connecticut Democrat, Department of Homeland Security, Associated Press Locations: Ukraine, Mexico, Israel, Texas, U.S, South, Central, York City, New, implore, New York City, Chicago, ” Massachusetts, Massachusetts, Connecticut, Washington, Boston, Portland , Maine, Montpelier , Vt, Concord, N.H

☆ Deutsche Bank downgrades three solar stocks as industry demand weakens in the U.S. and Europe
▼ + stars: | 2023-10-20 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +3 min

Softening demand means that investors should consider pivoting away from solar stocks, according to Deutsche Bank. The firm downgraded three solar names to hold from buy: SolarEdge , Sunrun and Sunnova . Deutsche lowered the price target for SolarEdge to $150 — implying a 32% potential upside from the stock's closing price Thursday — from $300. Those comments, along with SolarEdge cutting its third-quarter revenue guidance, put pressure on the broader solar sector. Earnings season for the solar industry kicks off with Sunnova reporting results on Oct. 25.

Persons: Deutsche, Sunnova, SolarEdge, Sunrun, Corinne Blanchard, whittle, Blanchard, there's, — CNBC's Michael Bloom Organizations: Deutsche Bank, NOVA, Bloomberg Locations: U.S, Northeastern U.S, Southern, China

Glasgow, Scotland’s largest city, crackles with character. It’s a hub of grass-roots energy where art shows, plant sales and film screenings pop up in tenement flats, railway waiting rooms and disused buildings. Once known as the second city of the British Empire, Glasgow struggled to reinvent itself after the closure of its shipyards. Another thing you’ll get to know in Glasgow is its infinite variations of rain. Be waterproof top to bottom, and you’re off to a good start.

Organizations: Southside Locations: Glasgow, Scotland’s, British

The scientists found large whales such as humpbacks and North Atlantic right whales were among the most vulnerable to climate change, and that other toothed whales and dolphins were also at high risk. The scientists looked at the animals' degree of exposure to climate change and sensitivity and capacity to adapt to it. “The U.S. is one of the most data-rich countries when it comes to marine mammals, and those data should be driving what are arguably some of the world’s strongest laws to protect marine mammals," she said. But the way climate change affects the giant animals is global in nature, so the broader approach is helpful, she said. Climate change also could affect the distribution and behavior of marine mammals, the study states.

Persons: Matthew Lettrich, ” Lettrich, Regina Asmutis, Silvia, “, Laura Ganley, Ganley, ”, Gib Brogan, ” Brogan, Patrick Whittle Organizations: —, National Oceanic, Atmospheric Administration, U.S, National Marine Fisheries Service, NOAA, Conservation, Anderson Cabot Center, Ocean, New, Aquarium, AP Locations: PORTLAND, Maine, U.S, North Atlantic, Gulf of Mexico, Caribbean, Massachusetts, Boston, New England, United States, of Maine, Georgia, Florida, Canada, Oceana

LACONIA, N.H. (AP) — Marilyn Manson was sentenced to 20 hours of community service and a fine on Monday after pleading no contest to blowing his nose on a videographer at a 2019 concert in New Hampshire. Manson pleaded no contest to just the nose-blowing charge in a fully negotiated plea agreement with prosecutors. A no contest plea means Manson is not contesting the charge and does not admit guilt. Political Cartoons View All 1163 ImagesThe judge agreed to allow Manson to serve his community service in California. Manson has to give proof of his community service by Feb. 4.

Persons: — Marilyn Manson, Manson, Brian Warner, videographer Susan Fountain, Fountain, ” Manson, Warner, Andrew Livernois, Kent Barker, “, ” Barker, ”, “ Westworld, Evan Rachel Wood, Wood, Illma Gore, Esme Bianco, ___ Whittle Organizations: Bank of New Hampshire, “, Associated Press Locations: LACONIA, N.H, New Hampshire, Laconia, Concord, Gilford, Hampshire, California, Portland , Maine

The U.S. National Hurricane Center discontinued a tropical storm warning for the coast of Maine, while Environment Canada ended its tropical storm warning in New Brunswick. Political Cartoons View All 1163 ImagesA tropical storm warning remained in effect for parts of New Brunswick, Nova Scotia, Prince Edward Island and the Magdalen Islands. Lee flooded coastal roads in Nova Scotia and took ferries out of service while fanning anxiety in a region still reeling from wildfires and severe flooding this summer. In eastern Maine, winds died down enough by late afternoon Saturday for utility workers to begin using bucket trucks to make repairs. Central Maine Power and Versant Power had hundreds of workers, including out-of-state crews, assisting the effort.

Persons: Lee, Prince Edward Island, Pam Lovelace, “, Brian Lunt, Lunt, Power, ”, Sarah Thunberg, Billy Bob Faulkingham, Danny Mitchell, ” Mitchell, Betsy Follansbee, Fred, jogged, “ We’re, ” Follansbee, Maine’s, Ren Renton, Sandy, Hurricane Fiona, Jill Maepea, ___ Sharp, Robert Bumsted, Patrick Whittle, Michael Casey, Mark Thiessen, Rob Gillies, Kathy McCormack Organizations: BAR, Maritime, U.S, National Hurricane Center, Environment Canada, Canadian, Magdalen, Authorities, Halifax Stanfield International, New Brunswick, Police, Central Maine Power, National Weather Service, Republican, Maine Legislature, Winter Harbor Police, Associated Press Locations: Maine, New England, Maritime Canada, New Brunswick, Halifax , Nova Scotia, Eastport , Maine, Maine , New Brunswick, Nova Scotia, U.S, Bar Harbor , Maine, Acadia, Halifax, New, Searsport , Maine, Massachusetts, Portland , Maine, Bar Harbor, Higgins, Scarborough , Maine, Maine’s Bailey, of Maine, New York, New Jersey, Hurricane, Canada, Canadian, England, Cape Elizabeth , Maine, Boston, Rio, Las Vegas, Anchorage , Alaska, Toronto, Concord , New Hampshire

BAR HARBOR, Maine (AP) — Millions of people were under storm watches and warnings Saturday as Hurricane Lee churned toward shore, bearing down on New England and eastern Canada with heavy winds, high seas and rain. Train, who is also a firefighter, was going to wait out the storm on the island in Casco Bay. The Great New England Hurricane of 1938 brought gusts as high as 186 mph (300 kph) and sustained winds of 121 mph (195 kph) at Massachusetts’ Blue Hill Observatory. The region learned the hard way with Hurricane Irene in 2011 that damage isn’t always confined to the coast. Downgraded to a tropical storm, Irene still caused more than $800 million in damage in Vermont.

Persons: Lee, Louise Fode, New Englanders, There’s, Bruce Young, it’s, Steve Train, Ian Hubbard, Lee won’t, Hurricane Fiona, Kyle Leavitt, Hurricane Irene, Irene, ___ Sharp, Whittle, Rob Gillies Organizations: BAR, National Hurricane Center, U.S ., National Weather Service, Canadian Hurricane Centre, New, New Brunswick Emergency Management Organization, Portland . Associated Press Locations: Maine, New England, Canada, Portland , Maine, Bar Harbor, Tennessee, Lee, England, Canadian, of Nova Scotia, New Brunswick, Massachusetts, U.S, U.S . Virgin Islands, Bahamas, Bermuda, New, Long, Casco Bay, Hurricane, Vermont, Portland, Toronto

☆ Starbucks is giving away free fall drinks every Thursday through Sept. 28: Here’s how to get yours
▼ + stars: | 2023-09-07 | by ( Nicolas Vega | ) www.cnbc.com time to read: +2 min

Pumpkin spice season is finally upon us, and Starbucks is wasting no time getting in on the action. Every Thursday from Sept. 7 until Sept. 28, the coffee giant will be running a buy-one-get-one offer on its fall drink lineup. To receive the free drinks, you'll need to download the Starbucks app and create an account. The offer can only be redeemed once per week, and cannot be used on drinks that cost more than $10. Starbucks' iconic Pumpkin Spice Latte is celebrating its 20th anniversary this year.

Persons: Apple Crisp, Peter Dukes, whittle, Dukes, Warren Buffett Organizations: Starbucks Locations: Washington ,, Vancouver

In the aftermath of the Camp fire that destroyed Paradise, Calif., in 2018, the tally of the missing reached almost 1,300. But by releasing the names of the unaccounted for, the authorities were able to slowly whittle down the list. Of the more than 1,000 still missing in the Lahaina fire, officials from the county of Maui said they did not have any estimate of how many were presumed dead. They did say they had not identified any minors in official tallies of the missing. Classes at four schools on West Maui had been canceled the morning of the fires because of high winds and power outages, according to local news reports.

Persons: ” Steven Merrill, whittle Locations: ’, Honolulu, Maui, Calif, Lahaina, West Maui

☆ Can You Pay a Credit Card with a Credit Card?
▼ + stars: | 2023-08-17 | by ( Sarah Brodsky | ) www.wsj.com time to read: +9 min

By Sarah BrodskyWhile it might seem tempting to pay off one credit card with another, credit card companies don’t permit this. That said, some credit card companies do offer the option to consolidate credit card debt and get a reprieve from paying interest. Why you typically cannot pay a credit card with another credit cardCredit card companies don’t allow cardholders to pay a credit card with another card because it would hurt their bottom line. “They’ve already extended you the credit, they’re going to get to charge you interest.”And credit card companies would owe money if they accepted payment by credit card. How to pay off a credit card with a balance transfer cardAlthough you can’t pay a credit card by charging another card, it’s possible to move your balance from one card to another with a balance transfer.

Persons: Sarah Brodsky, It’s, you’ve, whittle, don’t, “ There’s, ”, Herman Thompson , Jr, “ They’ve, they’re, there’s, ” Thompson, “ Organizations: Mastercard, American Express, Financial, Bank of America, Navy Federal Credit Locations: Atlanta

☆ Titmus shatters world record to win 400m freestyle gold at worlds
▼ + stars: | 2023-07-23 | by ( ) www.reuters.com time to read: +2 min

FUKUOKA, Japan, July 23 (Reuters) - Reigning Olympic champion Ariarne Titmus of Australia smashed the world record as she blazed to victory in a battle royale for the women's 400m freestyle title on the opening day of the swimming events at the World Aquatics Championships on Sunday. New Zealand's Erika Fairweather edged McIntosh to grab the bronze, finishing 4.21 seconds behind Titmus. Earlier, Australia's Sam Short won the men's 400m freestyle race a year after his compatriot Elijah Winnington prevailed. The women's and men's 4x100m freestyle relays will bring an end to the day's proceedings at the Marine Messe Fukuoka Hall. Reporting by Shrivathsa Sridhar in Bengaluru Editing by Toby DavisOur Standards: The Thomson Reuters Trust Principles.

Persons: Ariarne, Titmus, Summer McIntosh, Katie Ledecky, Ian Thorpe, Pieter van den Hoogenband, Michael Phelps, Erika Fairweather, McIntosh, Australia's Sam Short, Elijah Winnington, Ahmed Hafnaoui, Germany's Lukas Martens, Winnington, France's Leon Marchand, Carson Foster, Jacob Whittle, Shrivathsa Sridhar, Toby Davis Organizations: Paris, Marine Messe Fukuoka Hall, Thomson Locations: FUKUOKA, Japan, Australia, Athens, Tunisia, Budapest, British, Bengaluru

☆ Wesleyan University Ends Legacy Admissions
▼ + stars: | 2023-07-19 | by ( Vimal Patel | More About Vimal Patel | ) www.nytimes.com time to read: +3 min

Why It Matters: Opposition to legacy admissions has grown. After the Supreme Court decision, legacy admissions came under heavy attack because the practice tends to favor white, wealthy applicants over Black, Hispanic, Asian American and Native American students. Polls also show that the public does not support legacy admissions. Some highly selective universities and colleges have dropped legacy admissions, including Amherst, Johns Hopkins, Carnegie Mellon and M.I.T. The future of legacy admissions on campuses is uncertain.

Persons: Joe Biden, Alexandria Ocasio, Tim Scott, Johns Hopkins, Michael S, Roth, Mr, whittle, ” Mr, ”, Biden, Iván Espinoza, Madrigal Organizations: Republican, Pew Research Center, Carnegie Mellon, Wesleyan, Harvard, Yale, Department, ”, Civil Rights Locations: Cortez, New York, South Carolina, Amherst

☆ First investment, cost basis, selling 'dogs' — we answer 3 questions from members
▼ + stars: | 2023-07-16 | by ( Zev Fima | ) www.cnbc.com time to read: +6 min

We will only consider more general questions about the investment process or stocks in the portfolio or related industries. However, it's important to also consider a company's underlying fundamentals and not just the stock price. After all, price is what you pay and value is what you get, so it's important to consider whether the stock price reflects the business fundamentals. For us, that might be Apple (AAPL) and Nvidia (NVDA) as we've designated these "own, don't trade" stocks. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Jim Cramer, — Sandi D, — Scott K, you've, —, whittle, Jim, NVDA, — Keith, Jim Cramer's, Jim Cramer Rob Kim Organizations: investingclubmailbag, Investment Club, New Orleans, Apple, Nvidia, Jim Cramer's Charitable, CNBC

☆ Some venture capitalists were probably a bit too hopeful about hitting fundraising goals this year
▼ + stars: | 2023-06-15 | by ( Vishal Persaud | Melia Russell | ) www.businessinsider.com time to read: +5 min

Insight Partners and TCV are reportedly scaling back the size of huge venture funds they planned. The amount of money VC firms raised themselves hit $170.8 billion in 2022, according to PitchBook data, up from $158.5 billion in 2021. And it's also evident in two gigantic firms that had lofty fundraising goals but are now scaling back: Insight Partners and TCV. The firm has raised about 50% to 75% less for a $5.5 billion fund it planned for last year, The Information reported. Last month, Mayfield Fund announced that it raised $955 million across two new venture funds.

Persons: VCs, —, it's, they're, whittle, It's, Insider's Melia Russell, Brian, Lisa Sugar, Turner Novak, Monique Woodward, Navin Chaddha, who's, Chaddha Organizations: Insight Partners, Morning, Insight, Bloomberg, Financial Times, Tiger, Tiger Global, Street, Sugar, Banana, Cake Ventures, Mayfield Fund Locations: Mayfield, Silicon Valley

[1/3] German parliamentary group co-leaders of Alternative for Germany (AfD) party Alice Weidel and Tino Chrupalla attend a plenary session of the lower house of parliament, Bundestag, in Berlin, Germany May 25, 2023. In France, the far-right has become a stronger rival at the ballot box, while in Italy and Sweden, they are now are in government. Germany's domestic spy agency has branded the AfD's youth wing "extremist", saying it propagated "a racial concept of society". Some AfD initiatives have won backing from mainstream voters on the more local level. Wolfgang Buechner, a Scholz government spokesman, said he was confident the coalition could whittle away at AfD support.

Persons: Alice Weidel, Tino Chrupalla, Chancellor Olaf Scholz's, Stefan Marschall, Michael Kretschmer, Friederich Merz, Nancy Faeser, Marc Debus, Matthias Grahl, Wolfgang Buechner, Scholz, whittle, Sarah Marsh, Andreas Rinke, Madeline Chambers, Edmund Blair Organizations: Bundestag, REUTERS, Government, Chancellor Olaf Scholz's Social, University of Duesseldorf, Christian Democratic Union, CDU, Greens, Scholz's, Mannheim University, Thomson Locations: Germany, Berlin, BERLIN, Scholz's, Europe, France, Italy, Sweden, Nazi, Russia, Ukraine, Germany's, Saxony, Thueringen, Brandenburg, Bautzen

☆ To Stop Living Paycheck to Paycheck, They Spill About It on TikTok
▼ + stars: | 2023-05-14 | by ( Oyin Adedoyin | ) www.wsj.com time to read: 1 min

Some brave souls are trying a novel strategy to tackle the age-old struggle to stop living paycheck to paycheck: itemizing their spending for all to see on TikTok. In short videos, people begin by revealing their take-home pay, and in under 60 seconds whittle it down to near zero by enumerating the bills for food, rent, credit cards, utilities, saving and streaming. Described as “payday routines,” they go into minute detail on spending on groceries, dining out, drinks, car payments and travel. The hashtag #paydayroutine has 52.9 million views to date.

☆ China takes swipe at Western 'friend-shoring' efforts
▼ + stars: | 2023-04-14 | by ( Leika Kihara | ) www.reuters.com time to read: +2 min

WASHINGTON, April 14 (Reuters) - China's central bank governor on Friday took a swipe at efforts by Western economies to trade more with allies and rely less on the world's largest goods-exporting country, saying such "friend-shoring" attempts could prevent global supply chain tension from easing. Reducing their deep dependence on supply chains with China at their center has become a top priority among Western economies as Beijing's threats to Taiwan heighten geopolitical risks in Asia. "Despite an overall easing of supply chain tensions, they continue to be challenged by protectionist measures such as onshoring, nearshoring, and friend-shoring," Yi said. U.S. Treasury Secretary Janet Yellen has recently encouraged "friend-shoring," or the diversification of supply chains away from China to market-oriented democracies such as India. The fragmentation of global trade has drawn warnings from international institutions including the IMF.

☆ Intelligence leak: NYT: Leader of online group where leak documents were posted is a 21-year-old Air National Guardsman
▼ + stars: | 2023-04-13 | by ( Kevin Liptak Jeremy Herb Natasha Bertrand Evan Perez | Kevin Liptak | Jeremy Herb | ) edition.cnn.com time to read: +4 min

CNN —A 21-year-old Massachusetts Air National Guardsman has been identified by The New York Times as the leader of an online gaming chat group where a trove of classified documents was posted. CNN has not independently verified the identity of the chat leader or the FBI’s interest in talking with him. While there’s a large number of people who had access to the documents, investigators have been able to home in on a small number for closer scrutiny thanks to the forensic trail left by the person who posted the documents. On Wednesday, the Washington Post reported that the person behind the leak worked on a military base and posted sensitive national security secrets in an online group of acquaintances. The Pentagon has begun to limit who across the government receives its highly classified daily intelligence briefs following a major leak of classified information discovered last week.

Washington CNN —The Pentagon has begun to limit who across the government receives its highly classified daily intelligence briefs following a major leak of classified information discovered last week. All the email lists have been reviewed, a senior defense official said, and some restrictions may only be temporary. Everyone on the lists had proper clearance, but not everyone needs to receive that information daily, the official added. Previously, slides from the Joint Staff briefing deck could be accessed by hundreds, if not thousands, of people across the government, officials said. “Having to scale that distribution back, even temporarily, is a bitter pill,” said the source familiar with internal joint staff deliberations.

The Chinese Embassy in Washington called self-ruled Taiwan "an inalienable part of China" and said the one-China principle was an "overwhelming trend" internationally. When Taiwan temporarily averted a split with Honduras after President Xiomara Castro took office in January 2022, U.S. State Department officials remained wary. The Biden administration is also keeping a close eye on tiny Belize for any cracks in its Taiwan relationship. Two U.S. officials said Washington was putting less stock in Taiwan maintaining its diplomatic allies in favor of efforts to increase its participation in international organizations. While denied a seat in the United Nations, Taiwan is a member of the WTO and the Asia-Pacific Economic Cooperation forum.

☆ Japan's business services prices perk up near BOJ's inflation target
▼ + stars: | 2023-03-27 | by ( Leika Kihara | ) www.reuters.com time to read: +2 min

TOKYO, March 27 (Reuters) - Japan's business-to-business services inflation picked up in February on a tourism rebound and rising labour costs, data showed, offering the central bank hope that steady wage hikes would aid in sustainably hitting its 2% inflation target. The services producer price index, which measures the prices companies charge each other for services, rose 1.8% in February from a year earlier, up from a 1.6% gain in January, BOJ data showed on Monday. Fees for services such as office cleaning, taxi and software development also rose, reflecting higher labour costs. "For services, the pass-through of rising costs isn't as smooth as those for wholesale goods," said Masato Higashi, head of the BOJ's price statistics division, told a briefing. "But when you look closely, the pass-through (of higher labour costs) is gradually broadening," he said.

Search resuls for: "Whittle"

25 mentions found