DIRS.INFO The most relevant business & tech news

☆ ARK Invest sells more than $5 million Coinbase shares amid rising stock prices: CNBC Crypto World
▼ + stars: | 2023-11-28 | by ( Talia Kaplan | Kaan Oguz | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailARK Invest sells more than $5 million Coinbase shares amid rising stock prices: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Greg Moritz, co-founder and COO of AltTab Capital, discusses why he believes Binance can thrive even more under new leadership.

Persons: explainers, Greg Moritz Organizations: CNBC Crypto, CNBC, AltTab

☆ Binance settlement represents 'significant turning point' for crypto: AltTab Capital's Greg Moritz
▼ + stars: | 2023-11-28 | by ( Talia Kaplan | Kaan Oguz | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBinance settlement represents 'significant turning point' for crypto: AltTab Capital's Greg MoritzGreg Moritz, co-founder and COO of AltTab Capital, discusses why he believes Binance can thrive even more under new leadership and what's next for the crypto industry following the firm's settlement with U.S. government officials.

Persons: Capital's Greg Moritz Greg Moritz, what's Organizations: AltTab

☆ NBA roundup: Ex-Blazer Damian Lillard seals Bucks win
▼ + stars: | 2023-11-27 | by ( ) www.reuters.com time to read: +7 min

The Nets gave up the game's first 13 points and trailed 30-9 with 4:37 left in the first quarter. Terry Rozier collected 22 points and nine assists, Brandon Miller had 20 points, P.J. Hornets point guard LaMelo Ball had seven points before exiting midway through the second quarter with a right ankle strain. Reggie Jackson had 20 points, Kentavious Caldwell-Pope contributed 16 points and Julian Strawther added 10 points for Denver. Poeltl added 13 rebounds.

Persons: Giannis Antetokounmpo, Jeff Hanisch, Bobby Portis, Damian Lillard's, Lillard, Jrue, Deandre, Toumani Camara, Spencer Dinwiddie, Royce O'Neale, Lonnie Walker IV, DeMar DeRozan, Coby White, Patrick Williams, Zach LaVine, Jayson Tatum, Tatum didn't, Al Horford, Derrick White, Jaylen Brown, Neemias Queta, Trae Young, Atlanta's De'Andre Hunter, Bogdan Bogdanovic, Bogdanovic, Devin Booker, Booker, Kevin Durant, Eric Gordon, Jordan Goodwin, Jalen Brunson, Julius Randle, Immanuel Quickley, Franz Wagner, Cole Anthony, Paolo Banchero, Jalen Suggs, Goga Bitadze, Moritz Wagner, Anthony, Miles Bridges, Terry Rozier, Brandon Miller, Mark Williams, LaMelo Ball, Ball, Anthony Edwards, Mike Conley, Conley, Jaren Jackson Jr, Desmond Bane, Santi Aldama, Nikola Jokic, Michael Porter Jr, San Antonio, Reggie Jackson, Kentavious Caldwell, Pope, Julian Strawther, Aaron Gordon, Jamal Murray, Victor Wembanyama, Devin Vassell, Malaki Branham, Julian Champagnie, Keldon Johnson, Tre Jones, Darius Garland, Max Strus, Donovan Mitchell, Evan Mobley, Jarrett Allen, Pascal Siakam, Jakob Poeltl, Poeltl, Scottie Barnes, Dennis Schroder, Gary Trent Jr Organizations: Milwaukee Bucks, Portland Trail Blazers, Fiserv Forum, Bucks, Trail Blazers, Portland, Nets, Bulls, Brooklyn, NBA, skidding Chicago, The Nets, Milwaukee, Celtics, Hawks, Boston, Atlanta, Suns, Knicks, Phoenix, New York, Hornets, Orlando, Charlotte, Banchero, Timberwolves, Grizzlies, Wolves, Nuggets, Spurs, Denver, San, The Nuggets, Cavaliers, Raptors, Cleveland, Toronto, Clevland, Thomson Locations: Milwaukee , Wisconsin, USA, Portland, Deandre Ayton, Sacramento, New, P.J, Washington, Minnesota, Memphis, Denver

☆ Switzerland to bid for 2030 or 2034 Winter Games
▼ + stars: | 2023-11-24 | by ( ) www.reuters.com time to read: +3 min

[1/2] A view shows the Olympic Rings in front of the Olympic House, headquarters of the International Olympic Committee (IOC), during the executive board meeting of the International Olympic Committee (IOC), in Lausanne, Switzerland, March 28, 2023. REUTERS/Denis Balibouse/File Photo Acquire Licensing RightsGENEVA, Nov 24 (Reuters) - Switzerland on Friday announced it would bid for either the 2030 or 2034 Winter Olympic and Paralympic Games, which would be the third time the Alpine country has hosted the event. Japan's northern city of Sapporo last month dropped its bid for the 2030 Winter Olympics and said it would consider hosting the Games in 2034 or in subsequent years. According to studies by the IOC's future host commission for Winter Games, only 10 nations would be able to host the snow sports of the Olympic Winter and Paralympic Games by 2040. Switzerland - which hosted the Winter Olympic Games in St. Moritz in 1928 and 1948 - has struggled in recent years to get its population behind its Olympic bids.

Persons: Denis Balibouse, Jurg Stahl, Urs Lehmann, Moritz, Gabrielle Tétrault, Farber, Noele, Toby Davis Organizations: Rings, Olympic House, International Olympic Committee, REUTERS, Rights, Paralympic Games, Swiss Olympic Association, Olympic, IOC, Swiss, Swiss Ski Association, Games, Winter Games, Swiss Olympic, Cortina d'Ampezzo, Thomson Locations: Lausanne, Switzerland, Salt Lake City, United States, Sweden, France, Japan's, Sapporo, St, Milan

☆ NBA roundup: Cavs recover, top 76ers in OT
▼ + stars: | 2023-11-22 | by ( ) www.reuters.com time to read: +4 min

The victory extended Cleveland's winning streak to four games and improved the Cavaliers to 2-1 in East Group A action in the in-season tournament. Allen logged 26 points and 13 rebounds, and Mobley had 18 points and 12 rebounds. Magic 126, Raptors 107Paolo Banchero scored 25 points and Orlando defeated visiting Toronto in an NBA in-season tournament game. Jalen Suggs added 18 points for the Magic, who have won four in a row. Omer Yurtseven scored 18 points off the bench and John Collins led the starters with 15 points for the Jazz, who fell to 2-2 in group play.

Persons: Jarrett Allen, Joel Embiid, Bill Streicher, Darius Garland, Evan Mobley, Allen, Mobley, Max Strus, Tobias Harris, Buddy Hield, Trae Young, Dejounte Murray, Kevin Durant, Devin Booker, Durant, of Famer Elvin Hayes, Jerami Grant, Deandre Ayton, Paolo Banchero, Jalen Suggs, Franz Wagner, Cole Anthony, Moritz Wagner, Gary Harris, Dennis Schroder, Pascal Siakam, Scottie Barnes, Anunoby, Jakob Poeltl, Anthony Davis, D'Angelo Russell, LeBron James, James, Omer Yurtseven, John Collins Organizations: Cleveland Cavaliers, Philadelphia 76ers, Wells, Wells Fargo Center, NBA, Cavaliers, East, Philadelphia, Cleveland, 76ers, Pacers, Hawks, Haliburton, Atlanta ., Orlando Magic, Suns, Trail Blazers, Phoenix, of Famer, Raptors, Orlando, Toronto, Magic, Lakers, Jazz, Los Angeles, Utah, Thomson Locations: Philadelphia , Pennsylvania, USA, Wells Fargo, Indiana, Atlanta . Haliburton, Atlanta, Portland, Phoenix

☆ Paolo Banchero leads streaking Magic past Raptors
▼ + stars: | 2023-11-22 | by ( Field Level Media | ) www.reuters.com time to read: +2 min

[1/52] Nov 21, 2023; Orlando, Florida, USA; Orlando Magic guard Jalen Suggs (4) fouls Toronto Raptors guard Dennis Schroder (17) during the first quarter at Amway Center. Mandatory Credit: Kim Klement Neitzel-USA TODAY Sports Acquire Licensing RightsNovember 22 - Paolo Banchero scored 25 points and the Orlando Magic defeated the visiting Toronto Raptors 126-107 on Tuesday night in an NBA in-season tournament game. The Raptors, who have dropped four of their past six contests overall, have lost both of their tournament games. The Magic scored the first six points of the third quarter. The Magic took an 18-point lead with 7:08 left in the third after Suggs scored five successive points.

Persons: Jalen Suggs, Dennis Schroder, Kim Klement Neitzel, Paolo Banchero, Franz Wagner, Cole Anthony, Moritz Wagner, Gary Harris, Pascal Siakam, Scottie Barnes, Anunoby, Jakob Poeltl, Orlando, Cole, Harris, Barnes, Banchero, Suggs, Schroder, Anthony Black's, Barnes dunked, Siakam Organizations: Orlando, Toronto Raptors, Amway Center, Orlando Magic, NBA, The Raptors, Magic, Raptors, Toronto, Thomson Locations: Orlando , Florida, USA

SAN FRANCISCO (AP) — President Joe Biden and other global leaders have spent the past few days melding minds with Silicon Valley titans in San Francisco, their discussions frequently focusing on artificial intelligence, a technology expected to reshape the world, for better or worse. “The world is at an inflection point — this is not a hyperbole," Biden said Thursday at a CEO summit held in conjunction with APEC. None were more bullish than Microsoft CEO Satya Nadella, whose software company has invested more than $10 billion in OpenAI, the startup behind the AI chatbot ChatGPT. That is, we finally have a technology that understands us, not the other way around,” Nadella said at the CEO summit. Musk had been scheduled to discuss his hopes and fears surrounding AI during the CEO summit with Salesforce CEO Marc Benioff, but canceled Thursday because of an undisclosed conflict.

Persons: Joe Biden, Biden, Satya Nadella, ChatGPT, Nadella, “, ” Nadella, Sundar Pichai, ” Pichai, we’ve, Pichai, ”, State Condoleezza Rice, ” Robert Moritz, Moritz, Elon Musk, Musk, Marc Benioff Organizations: FRANCISCO, Valley titans, Economic Cooperation, APEC, Microsoft, Google, Inc, State, Hoover Institution, Stanford University, “, PricewaterhouseCoopers Locations: San Francisco, Asia, OpenAI

☆ David Beckham's mentor praised Warren Buffett's leadership style - and urged soccer-club owners to act the same way
▼ + stars: | 2023-11-12 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +4 min

David Beckham's mentor, Sir Alex Ferguson, praised Warren Buffett in his book about leadership. Like Buffett, soccer-club owners should be a source of funding and advice when needed, he said. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAdvertisementSoccer-team owners should lead like Warren Buffett, according to the legendary manager who mentored David Beckham. Insider has spoken to several CEOs of Berkshire subsidiaries in recent years, and they've painted a similar picture to Ferguson.

Persons: David Beckham's, Sir Alex Ferguson, Warren Buffett, Buffett's, Buffett, —, David Beckham, Michael Moritz, Berkshire Hathaway, Ferguson, they've, Charlie Munger, He's, Steve Jobs, Jobs Organizations: Manchester United, Service, Premier League, Cup, Berkshire, American Express, Football Locations: Berkshire

☆ NBA roundup: Magic's balanced attack too strong for Bucks
▼ + stars: | 2023-11-12 | by ( ) www.reuters.com time to read: +4 min

Orlando took the lead late in the first quarter and never looked back, building an advantage of as many as 21 points behind a balanced offensive attack. Jalen Suggs supplied 20 points as five Orlando scorers finished in double figures, including Moritz Wagner, who had 19 points off the bench. Moritz Wagner scored 12 points in the first half to help ignite the pivotal, second-quarter surge that gave Orlando the lead for the rest of the game. Brown was 12 of 20 from the field and scored 21 points in the second half. Boston also received 21 points, seven rebounds and three assists from Kristaps Porzingis.

Persons: Paolo Banchero, Franz Wagner, Giannis Antetokounmpo, Orlando, Antetokounmpo, Damian Lillard, Jalen Suggs, Moritz Wagner, Jonathan Isaac, LeVert, Dean Wade, Donovan Mitchell, Darius Garland, Evan Mobley, Stephen Curry, Klay Thompson, Andrew Wiggins, Looney, Jaylen Brown, Jayson Tatum, Brown, Tatum, Kristaps, Pascal Siakam, Siakam, Dennis Schroder, Jakob Poeltl, Malachi Flynn, Scottie Barnes, Bam Adebayo, Jaime Jaquez Jr, Adebayo, Jaquez, Tyler Herro, Jimmy Butler, Atlanta's Trae Young, Dejounte Murray, Bogdan Bogdanovic, Murray Organizations: Orlando, Milwaukee Bucks, Milwaukee, Bucks . Cavaliers, Warriors, Cleveland, Golden State, Cavaliers, Celtics, Raptors, Toronto, Boston, Hawks, Atlanta, Miami, San Antonio Spurs, Thomson Locations: San Francisco, Boston, Miami

☆ Ohio just legalized cannabis. Now comes the hard part
▼ + stars: | 2023-11-09 | by ( Alicia Wallace | ) edition.cnn.com time to read: +9 min

Ohio voters’ approval of a legalization measure on Tuesday comes just months after cannabis saw some of its most significant movements at the federal level. “I honestly think it will have massive reverberating effects on what Congress has to do about this.”More than two-thirds of US states have legalized cannabis in some capacity: 38 states have approved comprehensive medical cannabis programs, and Ohio brings the recreational total to 24 states. Joshua A. Bickel/APExisting medical cannabis dispensaries will have the opportunity to be grandfathered in and have first crack at licenses, but municipalities can decide whether to allow sales. “In 2018, Michigan fully legalized cannabis, set a relatively low tax rate and my perception is it’s been a fairly successful industry there.”Michigan’s cannabis sales hit a record $276 million in July, a time when industry members there and beyond have struggled. Marijuana buds ready for harvest rest on a plant at AT-CPC of Ohio, Monday, Jan. 28, 2019, in Akron, Ohio.

Persons: Andrew Freedman, ”, “ It’s, ” Freedman, “, pollster Gallup, ‘, Nick Lachey, Joshua A . Bickel, Mike DeWine, Freedman, Douglas Berman, ” Berman, It’s, Irina Dashevsky, Marder, Tony Dejak, Dashevsky, we’ve, hasn’t, Ariane Kirkpatrick, Amonica Davis, ” Kirkpatrick Organizations: Minneapolis CNN, Buckeye, US Department of Health, Human Services, Forbes Tate, Coalition for Cannabis Policy, CNN, Republican, Drug Enforcement, Center, The Ohio State University’s Moritz College of Law, Industry, Buckeyes, CPC, Ohio, AP Companies, Enforcement Locations: Minneapolis, Minneapolis CNN — Ohio, Ohio, As Ohio, Missouri, Cincinnati, Michigan, Akron , Ohio, United States

☆ Medical device maker Zimmer cuts revenue growth forecast as profit beats
▼ + stars: | 2023-11-07 | by ( ) www.reuters.com time to read: +2 min

Sales at Zimmer's knees unit rose 7.5% to $706.3 million, compared to analysts' estimate of $702.9 million. That helped cushion a miss at its hips unit, where sales of $465.3 million compared with estimates of $481.7 million. The Indiana-based company's third-quarter revenue rose 5% to $1.75 billion, in line with analysts' average estimates. Zimmer had said earlier that it expects second- and third-quarter revenue to be a "little bit lighter" compared to the first quarter. The hip and knee implant maker cut its full-year reported revenue forecast to a growth of 6% to 6.5% from 6.5% to 7.0% earlier while backing its full-year profit forecast of $7.47 to $7.57 per share.

Persons: Zimmer Biomet, Moritz Hager, Zimmer, Johnson, Ivan Tornos, Christy Santhosh, Sriraj Organizations: REUTERS, Zimmer Biomet Holdings, Laboratories, Boston, Thomson Locations: Winterthur, Switzerland, Indiana, Bengaluru

LONDON/COPENHAGEN, Nov 2 (Reuters) - Global brewers AB InBev (ABI.BR) and Carlsberg (CARLb.CO) this week played down concerns among some investors that demand for weight-loss drugs may lead to a sharp drop in beer drinking. But AB InBev Chief Executive Michel Doukeris likened the concerns to others, such as how cannabis could disrupt various sectors, which he said were often short-lived. Some clinical trials on rodents have found treatment with GLP-1 agonists reduces alcohol consumption, eases symptoms of alcohol withdrawal and more. AB InBev has a big U.S. business, but earns more revenue in the Middle Americas and has a large footprint in countries like Brazil. Such emerging markets often have lower obesity rates, while weight-loss drugs are unlikely to be available or affordable there any time soon.

Persons: Nordisk's Wegovy, Michel Doukeris, Jacob Aarup, Andersen, Moritz Kronenberger, Janus Henderson, Tom O'Hara, O'Hara, Wegovy, Emma Rumney, Jacob Gronholt, Matthew Scuffham, Alexander Smith Organizations: Global, AB InBev, Carlsberg, Nordisk's, InBev, Reuters, Budweiser, World Health Organization, WHO, Germany's Union Investment, Brewers, Pedersen, Thomson Locations: COPENHAGEN, United States, Brazil, Asia, China, Danish, U.S, London, Copenhagen

☆ Paul George heats up as Clippers cruise past Magic
▼ + stars: | 2023-11-01 | by ( Field Level Media | ) www.reuters.com time to read: +2 min

[1/95] Oct 31, 2023; Los Angeles, California, USA; Los Angeles Clippers center Ivica Zubac (40) shoots against Orlando Magic center Wendell Carter Jr. (34) during the first half at Crypto.com Arena. However, he made four 3-pointers and scored 14 points in the third quarter as Los Angeles gained control. Westbrook scored 16 points in a period that saw the Clippers outscore the Magic 41-21. Los Angeles moved ahead for good on George's basket with 6:43 to go in the third. Westbrook later made four straight Los Angeles baskets to move the advantage to 79-64.

Persons: Ivica Zubac, Wendell Carter Jr, Gary A, Vasquez, Paul George, Russell Westbrook, Bones Hyland, Norman Powell, Kawhi Leonard, Paolo Banchero, Franz Wagner, Moritz Wagner, Markelle Fultz, Jalen Suggs, Cole Anthony, George, Westbrook, James Harden, Harden, Leonard Organizations: Los Angeles Clippers, Orlando Magic, Crypto.com, Los, Orlando, Clippers, The Clippers, Philadelphia 76ers, Thomson Locations: Los Angeles , California, USA, Los Angeles, Angeles

☆ NBA roundup: Spurs complete wild comeback vs. Suns
▼ + stars: | 2023-11-01 | by ( ) www.reuters.com time to read: +2 min

[1/5] Oct 31, 2023; Phoenix, Arizona, USA; Phoenix Suns forward Kevin Durant #35 guards San Antonio Spurs center Victor Wembanyama #1 during the second half at Footprint Center. San Antonio did not relent, with a jumper by rookie phenom Victor Wembanyama cutting its deficit to 114-111 with 49 seconds left. Johnson led the Spurs with 27 points while Wembanyama and Devin Vassell each added 18. Zach Collins scored 14 points and Tre Jones had 10 as San Antonio won for the first time on the road. Jalen Brunson also scored 19 points, and RJ Barrett scored 16 points.

Persons: Kevin Durant, Victor Wembanyama, Zachary BonDurant, Keldon Johnson, phenom Victor Wembanyama, Johnson, Devin Vassell, Zach Collins, Tre Jones, San Antonio, Eric Gordon, Grayson Allen, Jusuf Nurkic, Julius Randle, Randle, Jalen Brunson, RJ Barrett, Donovan Mitchell, Darius Garland, Caris LeVert, Jarrett Allen, Garland, LeVert, Allen, Paul George, George, Russell Westbrook, Paolo Banchero, Franz Wagner, Moritz Wagner Organizations: Phoenix Suns, San Antonio Spurs, Footprint Center, Suns, Spurs, San, Knicks, Cavaliers, Cleveland, Clippers, Orlando, Thomson Locations: Phoenix , Arizona, USA, Antonio, New York, Los Angeles, Angeles

☆ NHL roundup: Rangers complete first 5-0-0 road trip
▼ + stars: | 2023-10-31 | by ( ) www.reuters.com time to read: +6 min

The Rangers continued their strong start under new coach Peter Laviolette by winning for the seventh time in nine games. New York went unbeaten on a road trip of at least five games for the first time in team history. New York's Artemi Panarin had a goal and added two assists to extend his season-opening point streak to nine games. Chris Kreider scored the tying goal with 6:48 left in the third, and Igor Shesterkin made 27 saves for the win. David Gustafsson and Nikolaj Ehlers scored for the Jets, who lost their second straight game but also gained a point for the fifth straight contest (3-0-2).

Persons: Mika Zibanejad, Tyler Myers, Simon Fearn, Peter Laviolette, Artemi Panarin, Chris Kreider, Igor Shesterkin, David Gustafsson, Nikolaj Ehlers, Cole Perfetti, Connor Hellebuyck, Pavel Zacha, Brad Marchand, Charlie McAvoy, Linus Ullmark, Aleksander Barkov, Sam Reinhart, Hill, Shea Theodore, Paul Cotter, William Carrier, Sean Monahan, Nick Suzuki, Sam Montembeault, Jack Eichel, Jared McCann, Nicholas Paul, Alex Wennberg, McCann, Vince Dunn, Philipp Grubauer, Teuvo Teravainen, Stefan Noesen, Michael Bunting, Frederik Andersen, Owen Tippett, Garnet Hathaway, Carter Hart, Mason McTavish's, McTavish, Tristan Jarry, Jakob Silfverberg, Frank Vatrano, Pavel Mintyukov, Greg Cronin, Erik Karlsson, Evgeni Malkin, Radim Zohorna, Roope, Evgenii Dadonov, Wyatt Johnston, Dallas, Thomas Harley, Matt Duchene, Jason Robertson, Jamie Benn, Jake Oettinger, Dmitri Voronkov, Damon Severson, Sean Kuraly, Elvis Merzlikins, Michael Carcone, Jack McBain, Sean Durzi, Liam O'Brien, Josh Brown, Connor Bedard, Lucas Raymond, Daniel Sprong, Jake Walman, Compher, Detroit's Moritz Seider, Raymond, Ville Husso Organizations: CAN, New York Rangers, Vancouver Canucks, Rogers Arena, Winnipeg Jets, The Rangers, New York, Jets, Bruins, Panthers, Boston, Florida, Eastern Conference, Golden Knights, Canadiens, Vegas, Montreal, Seattle, Tampa, Hurricanes, Flyers, Ducks, Penguins, Anaheim, Pittsburgh, Blue Jackets, Dallas, Columbus, Stars, Coyotes, Blackhawks, Arizona, Chicago, Red Wings, Islanders, Detroit, Thomson Locations: Vancouver, British Columbia, New, Florida, Las Vegas, Tampa Bay, Carolina, Philadelphia, Pittsburgh, Tempe, Ariz, Elmont

High funding needs and central banks removing support are increasing pricing uncertainty for investors, Sophia Drossos, hedge fund Point72 Asset Management's chief economist, said. Spending plans lacking credibility were seen as most likely to spark market turmoil. I suspect not by default, but when markets start reflecting their worries in Treasury prices, by a political crisis and a potentially ugly adjustment," the former IMF chief economist said. Italy's 2.4 trillion-euro debt pile is the focus in Europe, where the IMF has said high debt leaves governments vulnerable to crisis. "We need more investment, not less," said King's College London professor Jonathan Portes, Britain's cabinet office chief economist during the financial crisis.

Persons: Andrew Kelly, Peter Praet, Praet, Sophia Drossos, Daniel Ivascyn, Claudio Borio, Olivier Blanchard, Ray Dalio, Janet Yellen's, Yellen, Jim Leaviss, Giancarlo Giorgetti, Daleep Singh, Joe Biden, Britain's, Yellen's, Jonathan Portes, Clare Lombardelli, Moritz Kraemer, Yoruk Bahceli, Maria Martinez, Leigh Thomas, Giuseppe Fonte, Nell Mackenzie, Naomi Rovnick, William Schomberg, Jan Strupczewski, Dan Burns, Elisa Martinuzzi, Riddhima Talwani, Jayaram, Emelia Sithole Organizations: Financial, of, REUTERS, Institute of International Finance, Reuters, European Central Bank, ECB, Bank for International, Peterson Institute for International Economics, Associates, U.S . Treasury, Wall, Economy, Britain's Treasury, Congressional, Britain's, Institution, Reuters Graphics ACT, King's College London, Labour Party, OECD, Graphics, Thomson Locations: of Manhattan , New York City, U.S, Italy, Britain, United States, Europe, Ukraine, Berlin, Paris, Rome, London, Brussels, Washington, Marrakech

High funding needs and central banks removing support are increasing pricing uncertainty for investors, Sophia Drossos, hedge fund Point72 Asset Management's chief economist, said. Spending plans lacking credibility were seen as most likely to spark market turmoil. I suspect not by default, but when markets start reflecting their worries in Treasury prices, by a political crisis and a potentially ugly adjustment," the former IMF chief economist said. "We need more investment, not less," said King's College London professor Jonathan Portes, Britain's cabinet office chief economist during the financial crisis. Not enough reforms are being implemented, OECD chief economist Clare Lombardelli warned.

☆ This will be an economically 'testing time' for Israel, economist says
▼ + stars: | 2023-10-16 | 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 EmailThis will be an economically 'testing time' for Israel, economist saysMoritz Kraemer, chief economist at LBBW, says "economically, fiscally, this is going to be a much more testing time for Israel than it has been."

Persons: Moritz Kraemer Locations: Israel

☆ NHL roundup: Auston Matthews’ 2nd straight hat trick lifts Leafs
▼ + stars: | 2023-10-15 | by ( ) www.reuters.com time to read: +9 min

/ Dan Hamilton-USA TODAY Sports Acquire Licensing RightsOctober 15 - Auston Matthews scored three goals for the second straight game and the Toronto Maple Leafs defeated the visiting Minnesota Wild 7-4 on Saturday night. William Nylander added two goals and an assist for the Maple Leafs, who have won their first two games of the season. Senators 5, Flyers 2Jakob Chychrun had two goals and one assist, Brady Tkachuk scored twice and host Ottawa defeated Philadelphia. Jenner got his second career hat trick by scoring three times in a span bridging the first and second periods. 1 overall pick by Chicago in the 2023 NHL Draft, assisted on Johnson's second goal, giving him a goal and two assists in his first three NHL games.

Persons: Auston Matthews, Tyler Bertuzzi, Dan Hamilton, William Nylander, Calle Jarnkrok, Mitchell Marner, Morgan Rielly, John Tavares, Ryan Hartman, Matt Boldy, Marco Rossi, Brandon Duhaime, Ilya Samsonov, Filip Gustavsson, Jakob Chychrun, Brady Tkachuk, Jake Sanderson, Vladimir Tarasenko, Claude Giroux, Anton Forsberg, Travis Konecny, Cam York, Carter Hart ., Chandler Stephenson, Hill, Greg Cronin's, Jack Eichel, Shea Theodore, Jonas Rondbjerg, Mason McTavish, John Gibson, Cronin, Dallas Eakins, Gibson, Kyle Connor, Mark Scheifele, Mason Appleton, Jets netminder Connor Hellebuyck, Winnipeg's, Evan Rodrigues, Sam Reinhart, Sergei Bobrovsky, James van Riemsdyk's, Nashville . van Riemsdyk, Charlie McAvoy's, David Pastrnak, Brad Marchand, Boone Jenner, Jenner, Erik Gustafsson, Will Cuylle, Chris Kreider, Filip Chytil, Mika Zibanejad, Alex DeBrincat, Compher, Moritz Seider, DeBrincat, Dylan Larkin, Steven Stamkos, Victor Hedman, Sean Monahan, Cole Caufield, Tanner Pearson, Sam Montembeault, Tyler Johnson, Petr Mrazek, Connor Bedard, Bryan Rust, Jake Guentzel, Evgeni Malkin, Reilly Smith, Kris Letang, Matt Coronato, Jonathan Huberdeau, Jacob Markstrom, Nils Hoglander, Sam Lafferty, Casey DeSmith, Andrei Kuzmenko, Jack Studnicka, Elias Pettersson, backstop, Ryan Nugent, Hopkins, Leon Draisaitl, Connor McDavid, Stuart Skinner, Jordan Binnington, Louis, Jordan Kyrou, Robert Thomas, Binnington, Vince Dunn's, Adam Larsson, Jaden Schwartz, Joey Daccord, Casey Cizikas, Brock Nelson, Kyle Palmieri, Ilya Sorokin, Jordan Greenway, Casey Mittelstadt, Devon Levi, Jordan Martinook, Brent Burns, Aho, Jesperi Kotkaniemi, Brendan Lemieux, Teuvo Teravainen, Anze Kopitar, Drew Doughty, Moore, Vladislav Gavrikov, Kevin Fiala, Cale Makar, Mikko Rantanen, Alexandar Georgiev, Mackenzie Blackwood, Thomas Bordeleau Organizations: CAN, Toronto Maple Leafs, Minnesota Wild, Scotiabank Arena, Maple Leafs, Toronto, Minnesota, Senators, Flyers, Ottawa, Philadelphia, Carter Hart . Golden Knights, Ducks, Greg Cronin's NHL, Anaheim, Vegas, Golden Knights, Jets, Panthers, Winnipeg, Florida, Bruins, Boston, Nashville ., Blue Jackets, Rangers, Columbus, Boston Bruins, Wings, Detroit, Tampa, Red Wings, Lightning, Canadiens, Blackhawks, Montreal, Chicago, NHL, Penguins, Flames, Pittsburgh, Calgary, Canucks, Oilers, Seattle, Blues, Islanders, Sabres, New, Hurricanes, Carolina, Los Angeles Kings, Kings, Los, Avalanche, Sharks, Colorado, San Jose, San, Thomson Locations: Toronto , Ontario, Las Vegas, Florida, New York, York, Tampa Bay, Calgary, Vancouver, Elmont, squandering, Los Angeles, San, San Jose

☆ 1 venture capitalist vs. 7 marathons in 7 continents in 7 days: Here's how this man ran one of the world's hardest races while working 80-hour weeks
▼ + stars: | 2023-10-04 | by ( Aj Eckstein | ) www.businessinsider.com time to read: +6 min

Moritz Baier-Lentz, a venture-capital partner, ran the World Marathon Challenge in February. AdvertisementAdvertisement"If it's not extreme, I'm almost not interested," said Moritz Baier-Lentz, a venture-capital partner who ran seven marathons on seven continents in seven consecutive days in February. After completing multiple marathons, Ironman Triathlons, and ultramarathons, Baier-Lentz set his sights on the World Marathon Challenge . The challenge is to complete seven marathons in seven days on seven continents. Even during the seven marathons, he checked and answered emails between races.

Persons: Moritz Baier, Lentz, —, Baier, He's, Patrick Renner Organizations: Lightspeed Gaming, Baier, Service, what's Locations: Baier, Antarctica, Africa, Australia, Asia, Europe, South America, North America, Moroccan

☆ I looked at the plans for the new city proposed by Silicon Valley elites. They're really terrible.
▼ + stars: | 2023-09-28 | by ( Adam Rogers | ) www.businessinsider.com time to read: +17 min

Right now, California Forever is just a website with some ideology and a handful of hopeful sketches with a faintly socialist-utopian flair. AdvertisementAdvertisementCities of the future of the pastThe California Forever art illustrations show at a place that'll look startlingly familiar. Point is, the garden city remains a dream honored more in the breach — in pitches like the one for California Forever. Just about 60 miles southeast of the California Forever site is a residential development called Mountain House. It's what plans like California Forever look like when brick starts getting laid.

Persons: Daniel Burnham, Burnham, Marc Andreessen, Chris Dixon, Michael Moritz, Laurene Powell Jobs, Collison, Flannery, Peter Thiel, Goldman, Jan Sramek, Sramek, Ebenezer Howard, Howard, What's, Foreverville, That's, it's, Banks, John Nash's London, what's, It's, Walt Disney, Gabriel Metcalf, BH Bronson Johnson, Dan Parolek, Adam Rogers Organizations: Travis Air Force Base, New York Times, Flannery Associates, Industry, Truman, California, Western Railway, California Forever, St, BH Locations: Chicago, California, Solano County, Sacramento, Solano, Silicon, Los Angeles, England, Japan, New York, Philadelphia, Seaside , Florida, Pontevedra, Spain, Paris, Tempe, doesn't, Foreverville, Pirates, Caribbean, Toronto, Culdesac

☆ The Silicon Valley investors who secretly bought up $800 million in Northern California real estate reveal unexpected plans for 'a city of yesterday'
▼ + stars: | 2023-09-26 | by ( Chris Kaye | Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +4 min

A mysterious company backed by Silicon Valley investors has been purchasing land near San Francisco. They're planning to build a retro city on the 52,000 acres of farmland they bought. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAdvertisementThe Silicon Valley investors that got the government's attention by gobbling up $800 million worth of land outside San Francisco say the mystery city they plan on building is, well… kinda retro. Solano County Google Maps"The plans that people put forward will be very inspired by those great old American neighborhoods that someone who was born 100 years ago will recognize," Sramek told KQED.

Persons: —, we've, Jan Sramek, Sramek, Goldman Sachs, Marc Andreessen, Laurene Powell Jobs, Michael Moritz of, Reid Hoffman, Flannery, who've, Catherine Moy, Moy, Bill Gates, Elon Musk, Musk, Chap Ambrose, Ambrose, Azmi Haroun Organizations: Service, KQED, The New York Times, Michael Moritz of Sequoia Capital, Flannery Associates, Travis Air Force Base, Solano County Google, Boring Company, SpaceX, Washington Post Locations: Silicon, San Francisco, California, Solano County, Bay, Fairfield, Solano Silicon, Austin , Texas, Bastrop Country

☆ World’s 50 best hotels for 2023 revealed
▼ + stars: | 2023-09-20 | by ( Tamara Hardingham-Gill | ) edition.cnn.com time to read: +7 min

London CNN —It opened just over a year ago, but a luxurious 24-key Italian property has already been named the best hotel in the world. Passalacqua, which overlooks Lake Como, beat off stiff competition to receive the top spot on the first-ever edition of the World’s 50 Best Hotels list, which was announced at an awards ceremony in the UK on Tuesday night. The highly-anticipated list honored 50 hotels from 35 destinations across the world. “After seeing the devastating impact of Covid-19 on the hospitality industry, it’s been especially fulfilling to see so many hoteliers from around the world gather in London to celebrate each other’s achievements under one roof for the first-ever awards ceremony of The World’s 50 Best Hotels,” Tim Brooke-Webb, managing director for the World’s 50 Best Hotels, said in a statement. The World’s 50 Best Hotels: Full list1.

Persons: –, Aman Tokyo, ’ Capello, Aman, Rosewood São, ” Valentina De Santis, Passalacqua, Silvio Vettorello, Vincenzo Bellini, ”, De Santis, it’s, Tim Brooke, Webb, Soneva, Chablé, Aman Venice, Le Sirenuse, Borgo, Royal Mansour, São, Cheval Blanc, Soneva Jani, Eden, Oberoi, Hôtel de Crillon Organizations: CNN, London CNN, Firenze, Rosewood, ’ Capello Bangkok, Capella, Hudson Yards, NoMad, CNN Travel, Somerset, Park, Eco, Hospitality, Lodges, Hotel Academy, Singita, Raffles, Madrid, Capella Singapore, Le Bristol Paris, Hyatt Kyoto, Hoshinoya, Atlantis, Equinox Locations: London, Lake Como, Europe, Florence, Asia, Rosewood Hong Kong, Bangkok, Chao Phraya, Hong Kong, Capella Bangkok, Aman New York, York, Hudson, Connaught, Rosewood São Paulo, Brisbane, South Africa, Scotland, Bruton , Somerset, Utah, Italy, Aman Tokyo, Mamounia, Marrakech, Morocco, Soneva Fushi, Maldives, Puerto Vallarta , Mexico, Australia, Chocholá, Mexico, Claridge’s, Raffles Singapore, Wanokaka, Indonesia, Tulum, France, São Paulo, Brazil, Kyoto, Japan, Réserve, Paris, Auchterarder, Du, Antibes, Somerset, Bruton, United Kingdom, Sri Lanka, Hoshinoya Tokyo, Bali, Barths, Siam, Badrutt’s, Moritz, Switzerland, Dubai, Agra, India, Spain

☆ Insider Today: Ex-Goldman partners dish
▼ + stars: | 2023-09-20 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +8 min

This post originally appeared in the Insider Today newsletter. In today's big story, former Goldman Sachs partners explain what led them to leave their prestigious positions within the bank. A recent Insider investigation by Dakin Campbell and Emmalyse Brownstein found that at least 202 partners have left the firm during CEO David Solomon's volatile five-year tenure. And while Solomon's strategic missteps were a key talking point for many, not all the former partners bashed the CEO. The Insider Today team: Dan DeFrancesco, senior editor and anchor, in New York City.

Persons: Goldman Sachs, it's, Goldman, David Solomon, Dakin Campbell, Emmalyse Brownstein, David Solomon's, Dakin, It's, Julian Salisbury, Dina Powell McCormick, Fred Baba, Solomon, Lloyd Blankfein, Apoorva Mehta, Instacart, Daniel Sundheim, Michael Moritz, Here's, Instacart's, Beck, Apoorva, Mehta, Tyler Le, Steve Squeri, Squeri, AEW, Tony Khan, Lauren Boebert, Anna Moneymaker, General Merrick Garland, Kim Kardashian, General Mills, Getty, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Service, D1 Capital Partners, Sequoia, Getty, Sequoia Capital, Northwestern Mutual Wealth Management's, American Express, Wrestling, WWE's, Fed, U.S, FedEx, General Locations: Wall, Silicon, What's, —, ChatGPT, Cerebral, Colorado, Mostar, Bosnia, Herzegovina, Greece, Bulgaria, Moldova, New York City, San Diego, London, New York

☆ As Instacart goes public, it's no victory lap for founder Apoorva Mehta
▼ + stars: | 2023-09-19 | by ( Darius Rafieyan | ) www.businessinsider.com time to read: +10 min

Mehta was replaced as CEO of Instacart in July 2021 following a messy dispute with some of the company's largest investors. Instacart Founder Apoorva Mehta in his 2003 yearbook photo from Westdale Secondary School. The app started gaining momentum and Mehta put out ads on Craigslist for shoppers to do the grocery runs for him. Whole Foods reportedly broke the news to Mehta and a fellow Instacart executive on an early morning call. In a sworn affidavit, Mehta denies that he misappropriated any trade secrets and says he's since cut ties with Singh.

Persons: Apoorva Mehta, Mehta, Safeway Mehta, Hamilton Public Library Mehta, Bing Gordon, Kleiner Perkins, Gordon, he'd, Garry Tan, Tan, Garry, Andreessen Horowitz, catapulting Mehta, Forbes, Instacart, Mike Moritz, Fidji Simo, Simo, That's, Mehta's, he's, Tejasvi, Singh, Sam Bankman, NextMed, it's Organizations: Instacart, Safeway, Westdale Secondary, Hamilton Public Library, The University of Waterloo, Amazon, NPR, Electronic Arts, YC, TechCrunch, Sequoia Capital, Khosla Ventures, Forbes, Foods, Costco, Kroger, Facebook, Sunrise Locations: India, Libya, Hamilton , Ontario, Toronto, Seattle, San Francisco, wallowing, Sequoia, Mehta's, Marin County

Search resuls for: "moritz"

25 mentions found