DIRS.INFO The most relevant business & tech news

☆ Brock Purdy’s epic comeback etches his name in 49ers lore as Detroit’s hero Jared Goff is left wondering what could have been
▼ + stars: | 2024-01-29 | by ( Kyle Feldscher | ) edition.cnn.com time to read: +11 min

“All he’s done since he’s been here is play at an elite level and everything starts with him. Facing skepticism after that first season, it wasn’t clear to Lions fans heading into the 2022 season if Goff was going to be around long. It started a wave of momentum that built into the greatest Lions season that most fans have ever experienced. Goff throwing the ball during the third quarter against the San Francisco 49ers in the NFC Championship. Goff, meanwhile, made a few spectacular throws, a few dangerous ones and many safe ones to his playmakers.

Persons: Santa Clara , California CNN — Brock Purdy, Joe Montana, Steve Young, Colin Kaepernick, Jimmy Garoppolo, Brock Purdy, Purdy, Jared Goff, Goff –, Santa Clara –, Goff, Iowa State University –, he’s, I’ve, ” Purdy, God’s, David J, Phillip, Kurt Warner, Warren Moon, Moon, Trey Lance, “ They’ve, they’ve, Garoppolo, Lance, “ He’s, I’m, Kyle Juszczyk, “, Brock, ”, Christian McCaffrey, Alex Anzalone, Mark J, Terrill, Goff wasn’t, Matthew Stafford, Motown –, Dan Campbell’s, Stafford, Campbell, Ezra Shaw, you’re, didn’t, you’ve, ’ ” Purdy, Brandon Aiyuk, –, Juszczyk, ” Juszczyk, couldn’t, Dan Campbell Organizations: Santa Clara , California CNN, San Francisco 49ers, Super, Detroit Lions, NFC, Area, Levi’s, Lions, Motor City, Bay, Iowa State University, 49ers, Kansas City Chiefs, ” San Francisco 49ers, Warner, Iowa State, Las Vegas Raiders, Dallas Cowboys, Chiefs, ” 49ers, Games, Los Angeles Rams, Rams, New England Patriots, Bowls, Motown, Detroit, ” Lions Locations: Santa Clara , California, Santa Clara, Motor, Ames , Iowa, alma mater, Vegas, ”, Detroit, Michigan, Purdy

☆ How the superrich, like Walmart's Waltons, get richer by using trusts to give to charity and save on tax
▼ + stars: | 2024-01-23 | by ( Hayley Cuccinello | ) www.businessinsider.com time to read: +7 min

If the calculations predict that the trust's remainder interest is zero, the beneficiaries are exempt from estate tax even if the assets actually appreciate by a greater amount. If the trust assets are invested and achieve an annual rate of return of 9% a year, the CLT's remainder will be $2.1 million. Advertisement"It's a fantastic low interest rate play," said Renn. "The problem now is rates have really risen and it's to the point where some investments clearly can outperform a 4% or 5% interest rate, but others might struggle." In this interest rate environment, charitable remainder trusts (CRTs) have better odds.

Persons: —, Jacqueline Kennedy Onassis, Walton, Lance Morgan, Ed Renn, I've, Renn, Dan Griffith, Griffith, CLTs, Onassis, Jennifer Galvagna, Michael Prinzo, they're Organizations: Service, Tax, Business, Bloomberg, Huntington Private Bank, Bank of America Private Bank Locations: Withersworldwide, CLTs, Israel, Palestine

☆ A 28-year market vet breaks down why the risk of a recession is 'higher than thought' — and warns 73 years of market history shows stocks are likely in for a terrible year
▼ + stars: | 2024-01-20 | by ( William Edwards | ) www.businessinsider.com time to read: +5 min

"However, the decline in full-time employment suggests recession risks are higher than thought." Here's the drop in wage growth Roberts mentions. At the moment, CEO confidence isn't great, Roberts pointed out, which could mean further trouble ahead for employment growth. AdvertisementA warning sign for stocksWhile it will take time for the labor market outlook to become clear, Roberts said stocks are already flashing signs of trouble. But that view became less popular in the second half of 2023 as the labor market proved resilient month after month amid Federal Reserve rate hikes, and inflation dropped to under 4%.

Persons: —, Lance Roberts, Roberts, St, Louis Fed, it's Organizations: Service, RIA, Business, Bureau of Labor Statistics, Conference, Federal Reserve

IOWA CITY, Iowa (AP) — Zach Edey had 30 points and 18 rebounds to lead No. Edey, the reigning national player of the year, put constant pressure on Iowa’s smaller frontcourt while getting his 12th double-double of the season. Iowa later answered with seven consecutive points before the Boilermakers closed the half with a 9-3 run to lead 47-34 at halftime. Purdue maintained a double-digit lead for most of the second half before Iowa got to within 78-70 with 4:22 left. Edey was as dominant inside, as usual, and Purdue’s 3-point shooting left Iowa defenseless.

Persons: — Zach Edey, Lance Jones, Fletcher Loyer, Edey, Jones, Tony Perkins, Payton Sandfort, Ben Krikke, Krikke, Owen Freeman Organizations: IOWA CITY, Purdue, Iowa, Boilermakers, Hawkeyes, Wisconsin, Big, NEXT Purdue, Michigan, Maryland, AP Locations: IOWA CITY , Iowa, Iowa, Iowa . Iowa, . Iowa

☆ Why Lamar Jackson is in a league of his own
▼ + stars: | 2024-01-19 | by ( Ben Morse | ) edition.cnn.com time to read: +10 min

He’s had some up-and-down years through injury and offensive woes, but this season Jackson has been back to his best, leading a No. 1 playoff seed and, while the year ended in playoff disappointment, Jackson had delivered one of the best regular seasons ever by an NFL quarterback. Jackson speaks after winning the NFL MVP award at the end of the 2019 season. “To be honest with you, I really didn’t care for other teams, really,” Jackson told reporters during his signing press conference. That’s the accolade that I really want so bad.”And now, with a second NFL MVP almost certainly sewn up, don’t bet again Jackson lifting the Vince Lombardi Trophy on February 11.

Persons: CNN —, LeBron James, Lamar Jackson, Michael Vick, He’s, Jackson, Jackson scrambles, Michael Owens, Jim Rassol, Lance Zierlein, quarterbac Vick, Julie Jacobson, “, ”, “ It’s, LeBron James ’, Reassuringly, Ozzie Newsome, Joe Flacco, Flacco, hadn’t, Tom Brady, David J, Phillip, There’s, ” Jackson, Thearon, Henderson, ’ Jackson, wasn’t, ’ …, Nick Shook, Rob Carr, Jim Gray, don’t, Vince Lombardi Organizations: CNN, NBA, NFL, Baltimore Ravens, Miami Dolphins, Boynton Beach High School, Sun Sentinel, Tribune, Service, Louisville Cardinals, Atlantic Coast Conference, Louisville, Ravens, Cincinnati Bengals, Baltimore, Bowl, San Francisco 49ers, Levi's, Getty, AFC, Los Angeles Rams Locations: Florida, Jackson, Baltimore, Maryland

☆ Prepping for America's Collapse: Inside an Off-the-Grid Utah Homestead
▼ + stars: | 2024-01-18 | by ( Evan Malmgren | ) www.businessinsider.com time to read: +17 min

The folks at Riverbed Ranch have answered these questions decisively, embracing a radical turn toward self-reliance and small-scale sustainability. He founded Riverbed Ranch after losing power during a winter storm. Gleason's wife, Colleen, said of Riverbed residents in a 2021 TV interview : "Most of them tend to be prepper types." AdvertisementGleason envisions Riverbed Ranch as a safe environment for families: "This is about the kids." "The American idea that we're going to go on forever is naive at best," Fisher told me.

Persons: Jesse Fisher's, Fisher, Philip Gleason, they'd, Gleason, Jesse Fisher, of Jesus Christ, Elon, Blonquist Gleason, " Gleason, Colleen, bristled, Priscilla Hart, Hart, you've, Sarah Vezzani, —, Vezzani, Lance Pope, Brittany Organizations: Apple Watch, of Jesus, dodgers, Fox News, Pew Research, Rockies Locations: Utah, Ukraine, Gaza, Idaho, Ogden , Utah, Ogden, Nebraska, America, Arizona, Santaquin , Utah

☆ Former Facebook diversity strategist pleads guilty to stealing more than $4 million from company
▼ + stars: | 2023-12-13 | by ( Dan Mangan | ) www.cnbc.com time to read: +2 min

Barbara Furlow-Smiles attends the 2020 Sisters' Awards at Skirball Cultural Center in Los Angeles on March 8, 2020. A former global diversity strategist at Facebook pled guilty to wire fraud after stealing more than $4 million from the social media giant "to fund a lavish lifestyle" in California and Georgia, federal prosecutors said. In some instances, Furlow-Smiles had Facebook pay people who did not give her kickbacks, in one case directing $10,000 to an artist for specialty portraits, and more than $18,000 to a preschool for tuition, prosecutors said. As part of the scheme, Furlow-Smiles linked PayPal, Venmo and Cash App accounts to her Facebook credit cards and used those accounts to pay friends, relatives and other associates for goods and services purportedly provided to Facebook. Furlow-Smiles, who was not Facebook's top DEI executive, pled guilty in Atlanta federal court on Monday.

Persons: Barbara Furlow, Smiles, Furlow, Ryan Buchanan, Meta, Lance Clarke Organizations: Attorney's, Facebook Diversity, Equity, Facebook, PayPal, . U.S, Meta, CNBC, CNBC PRO Locations: Los Angeles, Atlanta, California, Georgia, .

Atlanta police Officer Kiran Kimbrough responded to the crash and he quickly decided Hollman was to blame. About 10 seconds later, a man identified in the lawsuit as the tow truck driver is seen coming to the officer's aid. The lawsuit says the tow truck driver “immediately joined the officer” on top of Hollman’s body and “forcefully grabbed” Hollman's left arm without the officer appearing to ask for help. The lawsuit accuses the tow truck driver of being negligent or reckless, and of causing or contributing to the physical injuries that Hollman suffered before dying. Hollman’s family has called for Kimbrough and the tow truck driver to be arrested and charged in Hollman’s death.

Persons: Johnny Hollman, Kiran Kimbrough, Hollman, Kimbrough, “, ”, ” Hollman's, Darin Schierbaum, Lance LoRusso, Hollman’s, Fani Willis Organizations: ATLANTA, Atlanta, W Services of Atlanta, Atlanta Police, Georgia Bureau of Investigation Locations: Georgia, Atlanta, Fulton County

☆ The New Antisemitism Is the Oldest Kind
▼ + stars: | 2023-12-04 | by ( Lance Morrow | ) www.wsj.com time to read: 1 min

Wonder Land: After the massacres of Oct. 7, the burden is now on Israel to end the war in Gaza. Images: Reuters Composite: Mark KellyI remember a dinner party on Martha’s Vineyard in the 1970s when I and my first wife, who was Jewish, shared lobster with a half-dozen nicely tanned Protestants in sherbet-colored golfing trousers. They chattered about what pests “those people” were, who kept “pushing” to join the local beach club, even though they were “not wanted.”“Gee,” said a middle-aged Princeton man—pronouncing the word “jay”—“why don’t they stick to their own clubs?”

Persons: Mark Kelly, “, ” “ Gee, ” Organizations: Princeton Locations: Israel, Gaza, sherbet

The world also said goodbye to former U.S. Secretary of State Henry Kissinger, who died Nov. 29. Political Cartoons View All 1277 ImagesAnother political figure who died this year was former U.S. first lady Rosalynn Carter, who died Nov. 19. Among the entertainers who left the world this year was singer Tina Turner, who died May 24. Here is a roll call of some influential figures who died in 2023 (cause of death cited for younger people, if available):___JANUARY___Fred White, 67. A Hall of Fame forward who helped the Chicago Blackhawks win the 1961 Stanley Cup Final.

Persons: Wagner, Yevgeny Prigozhin, Prigozhin, Vladimir Putin’s, Henry Kissinger, Rosalynn Carter, Jimmy Carter, Silvio Berlusconi, Dianne Feinstein, James Buckley, James Abourezk, Nigel Lawson, Pervez Musharraf, Sandra Day O’Connor, Li Keqiang, Martti Ahtisaari, United Nations Bill Richardson, Gov, Sheila Oliver, Theodoros Pangalos, Tina Turner, Ike Turner, Suzanne Somers, Matthew Perry, Raquel Welch, Richard Belzer, Chaim Topol, Jacklyn Zeman, Lance Reddick, Alan Arkin, Paul Reubens, David McCallum, Richard Roundtree, Tom Sizemore, Jimmy Buffett, Sinéad O’Connor, Rita Lee Jones, Burt Bacharach, David Crosby, Fito Olivares, Ryuichi Sakamoto, Astrud Gilberto, Coco Lee, Tony Bennett, Harry Belafonte, Cormac McCarthy, William Friedkin, Bob Barker, Jerry Springer, Louise Glück, Jeff Beck, Mary Quant, Kaija Saariaho, Lloyd Morrisett, Fred White, Maurice, Verdine White, Ken Block, Walter Cunningham, Fay Weldon, ” Jan, Russell Pearce, Charles Simic, Lynette “ Diamond ” Hardaway, Donald Trump, Diamond, Constantine, Jan, Tatjana Patitz, George Michael’s, Lisa Marie Presley, Elvis Presley, Robbie Knievel, Evel Knievel, Ray Cordeiro, Elmo, Cookie, Gina Lollobrigida, Chris Ford, Crosby, Stills, Nash, Young, Cindy Williams, Shirley, “ Laverne, Billy Packer, Sylvia Syms, Alex ”, Barrett Strong, Norman Whitfield, “ Papa, Rollin ’ Stone, Tom Verlaine, Patti Smith, Bobby Hull, Paco Rabanne, Harry Whittington, Dick Cheney, Hsing Yun, ”, San Jose ”, Carlos Saura, Spain’s, Hugh Hudson, Oscar, “ Greystroke, Hans Modrow, David Jude Jolicoeur, Huey “, ” Smith, Little Richard, Lloyd Price, “, Leiji Matsumoto, Yamato ”, Tim McCarver, Stella Stevens, Jerry Lewis’s, John Munch, Ahmed Qureia, Betty Boothroyd, Ricou Browning, Gill, Gérard Latortue, Fontaine, Barbara Everitt Bryant, Ryan ”, Kenzaburo Oe, Judy Heumann, Gary Rossington, Lynyrd Skynyrd, Georgina Beyer, Traute Lafrenz, Rose, Peterson Zah, Tevye, Robert Blake, Jiang Yanyong, Bud Grant, Dick Fosbury, Pat Schroeder, Gloria Bosman, Jacqueline Gold, Britain’s Ann Summers, John Wick ”, John Jenrette, Juana La, Willis Reed, Darcelle, Paul O’Grady, Lily Savage, Emperor ”, Hedda Kleinfeld Schachter, Margaret Thatcher, Ben Ferencz, Nuremberg, Elisabeth Kopp, Michael Lerner, Jack Lipnick, “ Barton Fink, Bugsy Calhoun, Anne Perry, Thomas Pitt, William Monk, Al Jaffee, magazine’s, Charles Stanley, Richard Riordan, Todd Haimes, Tony Awards, Barry Humphries, Tony, Dame Edna Everage, Len Goodman, Carolyn Bryant Donham, Emmett Till, LeRoy “ Lee ” Carhart, Larry “, ___ Gordon Lightfoot, Tori Bowie, Vida, Grace Bumbry, Rock ”, Ovelha, Denny Crum, Heather Armstrong, Bobbie Spencer, Rolf Harris, Kenneth Anger, Doyle Brunson, Jim Brown, Timothy Keller, Andy Rourke, Ray Stevenson, Thor ”, Ed Ames, George Maharis, Carroll Cooley, Miranda, John Beasley, Kaija, George Winston, Ipanema ”, Robert Hanssen, Richard Snyder, Simon & Schuster, Françoise Gilot, Pablo Picasso —, Pat Robertson, Theodore “ Ted ” Kaczynski, Roger Payne, Treat Williams, Glenda Jackson, Daniel Ellsberg, Richard Nixon, Big, George Frazier, Lee Sarokin, Rubin “, ” Carter, Winnie Ewing, Sheldon Harnick, Jerry Bock, “ Fiorello, John Goodenough, Peg Yorkin, Sue Johanson, Yan Mingfu, John Berylson, James Lewis, poisonings, Mikala Jones, André Watts, Jane Birkin, Kevin Mitnick, San Francisco ”, Frank Sinatra, Lady Gaga, Hugh “ Sonny ” Carter Jr, Jimmy, Randy Meisner, Herman, Angus Cloud, Fezco, ” O’Neill, ___, Mark Margolis, Hector Salamanca, Saul, Sixto Rodriguez, flamed, Robbie Robertson, Tom Jones, Magoo, Timbaland, Aaliyah, Missy Elliott, Clarence Avant, Quincy Jones, Bill Withers, Ada Deer, Jerry Moss, Herb Alpert, Alpert, Michael Parkinson, Muhammad Ali, Miss Piggy, Jiri Cerny, Betty Tyson, Richard Nixon’s, John Warnock, Ron Cephas Jones, Howard Hubbard, Samuel “ Joe ” Wurzelbacher, Joe, Barack Obama, Gil Brandt, Tom Landry, Tex Schramm, Bill Richardson, Steve Harwell, Shabtai Shavit, Jordan, Ian Wilmut, Dolly, Prince Mangosuthu Buthelezi, Roy Kidd, Eno Ichikawa, Michael McGrath, Fernando Botero, Giorgio Napolitano, Matteo Messina Denaro, Michael Gambon, Albus Dumbledore, Harry Potter ”, Mankombu Sambasivan, Saad Eddin Ibrahim, Hosni Mubarak, Tim Wakefield, Dick Butkus, Michael Chiarello, Michael Chiarello ”, Masters, Burt Young, Paulie, Sylvester Stallone, Hughes Van Ellis, Kevin Phillips, Louise Meriwether, Mark Goddard, Major Don West, Rudolph Isley, Isley, unblinking, Piper Laurie, Chrissy Snow, Bobby Charlton, Bishan Bedi, Richard Moll, Xi Jinping, Wu Zunyou, Chandler Bing, Ken Mattingly, Bob Knight, Frank Borman, Steve Norton, Don Walsh, Mariana Trench, Terry R, Taylor, Daisaku Ikeda, Herbie Hancock, Bobby Ussery, George “ Funky ” Brown, Joanna ”, Marty Krofft, Pufnstuf, Donny, Marie ”, Terry Venables, Tim Dorsey, Serge A, Frances Sternhagen, ” “, Charlie Munger, Warren Buffett, Berkshire Hathaway, Gerald Ford, Shane MacGowan, Bernard McGhee Organizations: Wagner Group, Russian, White House, U.S, Supreme, United Nations, Greek Foreign, Republican, Hong, Boston Celtics, NBA, NBC, CBS, Television, Fame, Chicago Blackhawks, ”, New, of Fame, Louis Cardinals, “, Palestinian, Israel, South Dakota Democrat, Arab, Arab American U.S, Britain’s, Commons, . Census Bureau, Alabama ”, Zealand, Navajo, Minnesota Vikings, People, Playboy, Capitol, Juana La Cubana, New York Knicks, Guinness, World Records, Hollywood, Treasury, Southern Baptist Convention, Los Angeles, Roundabout Theatre Company, Air Force, Harlem Globetrotters, Janeiro Games, baseball’s, Germany’s Bayreuth, NCAA, Hall of Famer, Redeemer Presbyterian Church, Legion, Ames, Phoenix, FBI, Simon &, Christian Broadcasting Network, Republican Party, Christian Coalition, Harvard, Feminist Majority Foundation, “ Little, Communist Party, Millwall, New York Philharmonic, San, Brigade, Wing, Eagles, HBO, of Indian Affairs, M, Police, Carpenters, Adobe Systems, Pro Football Hall of Fame, Dallas Cowboys, escapist, Democratic, Zulu, Eastern, AA, Broadway, Communist, U.S . Senate, Red Sox, Yankees, Boston, Chicago Bears, Major, Isley Brothers, New York Times, Manchester United, India, Indiana, Nevada — Resorts, Atlantic City —, Navy, Associated Press, Soka Gakkai, Kentucky Derby, Kool, The, European, Barcelona, Tottenham, City Locations: Russia, Ukraine, Bakhmut, Russian, U.S, Finnish, New Mexico, New Jersey, British, Greece, American, Hong Kong, Italian, America, New York, Spanish, catwalks, Texas, Taiwan, Pakistan, Afghanistan, San, New Orleans, Rosebud, Arab American, Haiti, “, African, Brooklyn, London, Los, Mississippi, United States, Rivers, Georgia, Savannah, Louisville, New York City, Irish, HBO’s “ Rome, Brazilian, Ipanema, Moscow, Virginia, Montana, Vietnam, Canada, Asia, Chicago, Hawaii, France, South Africa, Wisconsin, Los Angeles, Czech, Eastern Kentucky, Colombian, ”, California, Tulsa, Finland, China, Nevada, Atlantic City, Florida, Berkshire

More than 8,000 people, mostly Native Hawaiians, perished at Kalaupapa, including Damien, who eventually contracted leprosy, later called Hansen’s disease. Damien’s love for Kalaupapa’s people was unconditional, said Barbara Jean Wajda of the Sisters of St. Francis of the Neumann Communities. “They keep me like this, make me strong.”She enjoys when people visit and when the church brings pilgrims, she said. The walls of the sisters' house, Kalaupapa’s largest dwelling, are filled with photos of the sisters who worked on the settlement after Marianne. “And we both feel connected to the patients, to the land, to the saints who were here, declared and undeclared,” Wajda said.

Persons: Saint Damien of Molokai, Kalaupapa’s, Damien’s, ”, Lance Toyofuku, ” Kalaupapa, Father Damien, Mother Marianne —, Alicia Damien Lau, Damien, Joseph De Veuster, Saint Marianne, Patrick Killilea, “ Fr, Paddy, “ It’s, Philomena, Barbara Jean Wajda, Francis, Lau, ” Marianne Cope, Marianne, Tonata Lolesio, ” Lolesio, “, Honolulu Bishop Larry Silva’s, Silva, didn’t, that’s, Wajda, Francis Church, she’s, Watanuki, ” Bishop Silva, ” Keani Rawlins, Fernandez, Mother Marianne, Marianne . Lau, Alicia, ” Wajda, ” They’ve Organizations: Toyota, National Park Service, St, Neumann, Sacred Hearts School, Honolulu Bishop, “, Associated Press, Maui County Council, Lilly Endowment Inc, AP Locations: KALAUPAPA, Hawaii, Kalaupapa, Molokai, Belgian, Hawaii’s, Honolulu, Belgium, Germany, Maui, Lahaina, American Samoa, Maui County

☆ Satellite photos show how the US Air Force is reclaiming a WWII-era airfield from the jungle to prepare to dodge Chinese missiles
▼ + stars: | 2023-11-30 | by ( Christopher Woody | ) www.businessinsider.com time to read: +11 min

The US Air Force is developing more dispersed bases to counter the threat posed by China's missiles. US engineers quickly began building what became the biggest and busiest air base of the war. "Air Force engineers are scheduled to remove the vegetation that have penetrated through the cracks and joints of the old pavement surfaces," Peden added. Money is allotted for work at Tindal air base — including $93 million to build a parking apron for six B-52 bombers — and Darwin air base, both of which are in Australia's Northern Territory. The Air Force is working with the rest of the military to address those challenges, Thomas Lawhead, acting deputy chief of staff for Air Force Futures, said at an event this month.

Persons: —, Gen, Kenneth Wilsbach, Wilsbach, Lance Cpl, J, Gage, Capt, Gerald Peden, Peden, Jason Robertson, Cesar Basa, Michael S, Murphy, Frank Kendall, Kendall, Sgt, JT May III, Thomas Lawhead, Joseph P, Lawhead Organizations: US Air Force, China's, Service, Airport, US Pacific Air Forces, an Air and Space Forces Association, Field, International Airport, Commonwealth of, Marines, Air Force, Google, Air, Tinian's, US Marine Corps, KC, Pacific Air Forces, Tech, Northwest Field, Tindal, Pentagon, Air Force Futures, Army Locations: Tinian, SkyFi, Japan, Hiroshima, Nagasaki, West, Commonwealth, Northern Mariana Islands, Pacific, —, Guam, Northern Territory, Philippines, Manila, Philippine, China, North Korea, Northern Mariana

A Salesforce sign is seen during the company's annual Dreamforce event, in San Francisco, California November 18, 2013. REUTERS/Robert Galbraith/File Photo Acquire Licensing RightsNEW YORK, Nov 30 (Reuters) - Salesforce Inc's (CRM.N) stock jumped by about 10% on Thursday to a nearly two-year high after the U.S. cloud and business software company reported stellar third quarter results underpinned by strong demand for its services. Salesforce's revenue of $8.72 billion and adjusted profit of $2.11 per share beat Wall Street expectations, the company reported after the closing bell on Wednesday. Reuters GraphicsMultiple analysts, including from Morgan Stanley, Evercore, Wells Fargo, and Deutsche Bank, raised their price target for Salesforce's shares following the results. Reporting by Chibuike Oguh in New York; Editing by Lance Tupper and Nick ZieminskiOur Standards: The Thomson Reuters Trust Principles.

Persons: Robert Galbraith, Morgan Stanley, Brad Sills, Chibuike Oguh, Lance Tupper, Nick Zieminski Organizations: REUTERS, Reuters Graphics, Deutsche Bank, Global Research, Thomson Locations: San Francisco , California, U.S, Evercore, Wells Fargo, Salesforce, New York

(AP) — Alec Baldwin didn't have to pay anything to resolve a $25 million lawsuit filed by family members of a Marine killed in Afghanistan after the actor chastised them on social media over the Jan. 6, 2021, insurrection at the U.S. Capitol, Baldwin's attorney said. Rylee McCollum, of Jackson, Wyoming, When the McCollum family didn’t file an amended lawsuit as Ramos invited to do before a September deadline, the judge closed the case in October. Lawyers for both sides, including McCollum family attorney Dennis Postiglione, did not comment further on the case when contacted by email Thursday. Reached by email Wednesday, Postiglione declined to comment and said the McCollum family would not comment. The lawsuit was filed as Baldwin faced legal peril for the death of a cinematographer on a New Mexico movie set in 2021.

Persons: — Alec Baldwin didn't, Edgardo Ramos, Lance Cpl, Rylee McCollum, McCollum, Ramos, Baldwin, Luke Nikas, Dennis Postiglione, Postiglione, Roice McCollum, ”, Donald Trump’s Jan, Halyna Hutchins, Joel Souza Organizations: U.S . Capitol, U.S . Southern, of New, Associated Press, Washington , D.C, FBI Locations: Afghanistan, U.S, Jackson , Wyoming, Kabul, Wyoming, New York, Washington ,, New Mexico

NEW YORK, Nov 29 (Reuters) - Shares of German sandal maker Birkenstock (BIRK.N) extended their gains on Wednesday, hitting the initial public offering price for the first time, following a buoyant holiday shopping season. The company's shares opened at $41 on Oct. 11 and have traded below the IPO price of $46 and dropped to as low as $35.83 just days after listing. The median price target of the 17 analysts covering Birkenstock is $47.21 and the current recommendation is "buy", according to LSEG data. Birkenstock is heavily shorted, with 5.71 million shares worth roughly $259 million having short interest, according to data and analytics firm Ortex. About 32.3 million shares were sold on the IPO.

Persons: Bernard Arnault, Louis Vuitton Moet Hennessy, Chibuike Oguh, Medha Singh, Lance Tupper, Lisa Shumaker Organizations: Birkenstock, Arm Holdings, U.S, Thomson Locations: Birkenstock, French, New York, Bengaluru

REUTERS/Andrew Kelly/File Photo Acquire Licensing RightsNov 29 (Reuters) - Cigna (CI.N) and Humana (HUM.N), two of the biggest U.S. health insurers, are in talks for what could be the largest merger announced in 2023, according to a source familiar with the matter. A Humana and Cigna combination would give the merged company the scale to rival UnitedHealth Group (UNH.N) and CVS Health (CVS.N). In July 2016, the Justice Department filed lawsuits against two health insurance mergers on the same day, saying they would lead to less competition and higher prices for Americans. Health insurers have been facing higher medical costs as people return for procedures they had put off during the pandemic. Humana in February said that it would sell its commercial business but keep its Medicare Advantage products.

Persons: Andrew Kelly, Cigna, Cigna's, Aetna, Bill Baer, Andre Barlow of Doyle, Barlow, Mazard, Bernstein, Lance Wilkes, Craig Garthwaite, Manas Mishra, Diane Bartz, Deena Beasley, Caroline Humer, Bill Berkrot Organizations: Humana Inc, REUTERS, Street Journal, UnitedHealth, CVS Health, Humana’s, Medicare, Affordable, Justice Department, Humana, U.S ., Reuters, Northwestern University, Thomson Locations: Queens , New York City, U.S, Cigna, Bengaluru, Washington, Los Angeles

☆ The mayor of Paris is making a loud exit from X, calling the platform a 'gigantic global sewer'
▼ + stars: | 2023-11-28 | by ( Kai Xiang Teo | ) www.businessinsider.com time to read: +3 min

Paris Mayor Anne Hidalgo says she's leaving X after 14 years on the platform. AdvertisementParis Mayor Anne Hidalgo says she's leaving X after more than 14 years on the platform, formerly known as Twitter. "This platform and its owner intentionally exacerbates tensions and conflicts," she wrote in French, adding that the platform has "become a gigantic global sewer." "To remain true to my convictions and my commitment, I am leaving Twitter today," Hidalgo wrote on Monday. AdvertisementAn early proponent of Twitter, Hidalgo joined the platform in 2009 when she was the deputy mayor of Paris.

Persons: Paris Mayor Anne Hidalgo, she's, Elon Musk, —, Anne Hidalgo, Hidalgo, cacmq4 — Anne Hidalgo, Ross Gerber, Dustin Moskovitz Organizations: Paris Mayor, Elon, Service, Twitter, de, Instagram, Facebook, Apple, IBM, Disney, The New York Times, Business Insider Locations: Paris, de Paris, @Anne_Hidalgo

ATLANTA (AP) — An Atlanta police officer responding to a minor car crash deployed a Taser on a church deacon who disregarded multiple commands to sign a traffic ticket, shocking the man after he repeatedly said he could not breathe, police body camera video released Wednesday shows. The roughly hour-long video shows Kimbrough arriving at the scene of the crash and gathering information from Hollman, the other driver and a passenger before the confrontation. In the video, Hollman repeatedly insists the other driver hit him, but otherwise follows Kimbrough’s orders to move his car and stay by it. “The Atlanta Police investigation confirmed Officer Kimbrough deployed his city-issued TASER and used force in a manner consistent with his training and Georgia law.”In the video, Hollman says he will sign the ticket after Kimbrough steps closer to him. Schierbaum said Kimbrough, who like Hollman is Black, violated department policy when he didn’t wait until a supervisor arrived to arrest Hollman.

Persons: Johnny Hollman, Kiran Kimbrough, Kimbrough, Hollman, “, ” Kimbrough, Lance LoRusso, Mr, ” LoRusso, ”, Hollman's, ” Hollman, Darin Schierbaum, Schierbaum, LoRusso, doesn’t, Fani Willis, Atlanta Mayor Andre Dickens, Dickens Organizations: ATLANTA, Chevrolet Silverado, Atlanta Police, Georgia Bureau of Investigation, Fulton, Atlanta Mayor Locations: An Atlanta, Hollman, Atlanta, Georgia, Fulton County

☆ No. 2 Purdue comes back to beat No. 11 Gonzaga in Maui opener
▼ + stars: | 2023-11-21 | by ( Field Level Media | ) www.reuters.com time to read: +2 min

[1/61] Nov 20, 2023; Honolulu, Hawaii, USA; Purdue Boilermakers center Zach Edey (15) shoots while being defended by Gonzaga Bulldogs forward Ben Gregg (33) during the first half at SimpliFi Arena at Stan Sheriff Center. 11 Gonzaga 73-63 on Monday afternoon in the opening round of the Maui Invitational in Honolulu. Nolan Hickman and Ryan Nembhard each added 11 points for Gonzaga, with Nembhard dishing out six assists. The Boilermakers outscored Gonzaga 43-28 in the second half, holding the Bulldogs to 0-for-13 shooting from beyond the 3-point line. Purdue scored the game's first six points, on two Edey hook shots in the lane and a driving layup by Lance Jones, before Gonzaga scored 14 in a row.

Persons: Zach Edey, Ben Gregg, Steven Erler, Gonzaga, Lance Jones, Braden Smith, Smith, Graham Ike, Edey, Nolan Hickman, Ryan Nembhard, Nembhard dishing, Ike, Hickman, Dusty Stromer, Stromer Organizations: Purdue Boilermakers, Gonzaga Bulldogs, SimpliFi, Stan Sheriff Center, Purdue, Maui Invitational, Boilermakers, Gonzaga, Syracuse, Bulldogs, Camden, Edey, Thomson Locations: Honolulu, Hawaii, USA, Tennessee, Hickman

[1/5] Formula One F1 - Las Vegas Grand Prix - Las Vegas Strip Circuit, Las Vegas, Nevada, U.S - November 18, 2023 Ferrari's Charles Leclerc celebrates after qualifying in pole position REUTERS/Finn Blake Acquire Licensing RightsSummaryCompanies Ferrari first and second in Las Vegas qualifyingLeclerc on pole but penalty drops Sainz 10 placesVerstappen to start on front row for Red BullWilliams in surprise third row sweep, McLaren struggleLAS VEGAS, Nov 18 (Reuters) - Charles Leclerc put Ferrari on pole position for the inaugural Las Vegas Grand Prix on Saturday with Red Bull's triple Formula One world champion Max Verstappen stepping up to join him on the front row. Leclerc was fastest in all three qualifying phases down the floodlit Strip, with its neon backdrop of landmark hotels and casinos, for his third pole in the last four races. The Monaco driver was still disappointed with his laps, and a pole time of one minute 32.726 seconds only half a tenth faster than Sainz. Red Bull's Sergio Perez, who can clinch second place overall in the championship this weekend, will start 11th as Sainz drops to 12th. Qualifying started at midnight on Friday, making Las Vegas the first grand prix since Japan in 2019 where the pole position was decided on the same day as the race.

Persons: Ferrari's Charles Leclerc, Finn Blake, Ferrari, Leclerc, Verstappen, Red Bull Williams, Charles Leclerc, Max Verstappen, Ferrari's Carlos Sainz, Sainz, George Russell, Pierre Gasly, Williams, Alex Albon, Logan Sargeant, Valtteri Bottas, Alfa Romeo, Kevin Magnussen, Haas, Fernando Alonso, Aston Martin, Mercedes, Lewis Hamilton, Red Bull's Sergio Perez, MCLARENS, McLarens, Britain's Lando Norris, Oscar Piastri, Aston, Lance, Zak Brown, Alpine's Esteban Ocon, Frenchman, Ocon, Alan Baldwin, Kirsten Donovan, Hugh Lawson Organizations: Las Vegas, Las Vegas Strip, Sainz, McLaren, LAS VEGAS, Monaco, Mercedes, Alfa, U.S, Aston, Sky Sports, Verstappen, Thomson Locations: Las Vegas , Nevada, U.S, Sin City, Dutch, Japan, London

An electric vehicle charge station by ChargePoint, Inc. is seen in Manhattan, New York, U.S., December 8, 2021. REUTERS/Andrew Kelly Acquire Licensing RightsNEW YORK, Nov 17 (Reuters) - ChargePoint Holdings' (CHPT.N) stock slumped by nearly 38% to a record low on Friday after the electric vehicle (EV) charging network slashed its third quarter revenue forecast and replaced key executives. California-based ChargePoint also announced that longtime Chief Executive Pasquale Romano will be replaced by Rick Wilmer, its chief operating officer, effective immediately. The shares of other major EV charging network providers besides ChargePoint were also trading lower. But they downgraded the company to "perform" from "outperform" citing the executive departures, choppy demand, and "potential for further organizational changes."

Persons: Andrew Kelly, ChargePoint, Pasquale Romano, Rick Wilmer, Rex Jackson, Mansi Khetani, Cowen, Oppenheimer, Needham, ChargePoint F3Q, Bill Peterson, bode, Colin Rusch, Chibuike Oguh, Lance Tupper, David Evans Organizations: ChargePoint, REUTERS, ChargePoint Holdings, Reuters Graphics, JPMorgan, EV, EVgo, Thomson Locations: Manhattan , New York, U.S, North America, Europe, California, New York

☆ ‘Rustin’ Review: A Crucial Civil Rights Activist Gets His Due
▼ + stars: | 2023-11-16 | by ( Manohla Dargis | More About Manohla Dargis | ) www.nytimes.com time to read: +2 min

Every so often an actor so dominates a movie that its success largely hinges on his every word and gesture. Dr. Martin Luther King Jr. Pacifist, ex-con, singer, lutist, socialist — Bayard Rustin had many lives, but he remains best known as the main organizer of the 1963 March on Washington for Jobs and Freedom. It was Rustin who read the march’s demands from the podium, remaining near King’s side as he delivered his “I Have a Dream” speech. Several activists have asked King to lead a mass protest against the forthcoming Democratic National Convention. The protest, Rustin explains, will send a message to the party and its nominee, the front-runner John F. Kennedy.

Persons: Colman, “ Rustin, Martin Luther King Jr, lutist, Bayard Rustin, Rustin, “ Rustin ”, George C, Wolfe, Julian Breece, Dustin Lance Black, King, John F, Kennedy, Roy Wilkins, Chris Rock, Adam Clayton Powell Jr, Jeffrey Wright Organizations: Jobs, Lincoln, Democratic, Convention, U.S, Representative, Harlem Locations: ”, Washington, Rustin

☆ South Africa look to avoid dropping another World Cup against nemesis Australia
▼ + stars: | 2023-11-15 | by ( ) www.reuters.com time to read: +3 min

"You've just dropped the World Cup," were the words attributed to Waugh after Gibbs's drop, though neither player has ever corroborated the remark. Klusener thumped fours off paceman Damien Fleming's first two balls to leave South Africa needing one run from the final four balls for a place in their maiden World Cup final. They were eliminated from their home World Cup in 2003 after miscalculating the adjusted winning target in a rain-hit match against Sri Lanka. In 2015, New Zealand batsman Grant Elliot smashed Dale Steyn for six to sink South Africa in the semi-final in Auckland. Former Australia wicketkeeper Brad Haddin said he would waste no time in bringing up South Africa's World Cup misfires if he was playing against them in Thursday's semi-final in Kolkata.

Persons: Steve Waugh, Herschelle Gibbs, Gibbs, jogged, You've, Waugh, Gibbs's, Lance Klusener, ender Allan Donald, Klusener, Damien Fleming's, Donald, Adam Gilchrist, Grant Elliot, Dale Steyn, Brad Haddin, Haddin, Ian Ransom, Peter Rutherford Organizations: Australia, South, Sri, New, New Zealand, Auckland . Former Australia, Thomson Locations: KOLKATA, Africa, South Africa, Edgbaston, Australia, Sri Lanka, New Zealand, New, Auckland ., Kolkata, Melbourne

The up-and-coming indie twang band Wednesday released a track called “Formula One” on their 2023 album. Glynn Wedgewood, COTA's senior vice president of music and entertainment, says the track first introduced live music performances with Elton John in 2015. “Artists in Residency can really help bridge that gap.”Tiësto, a lifelong F1 fan, released the album “Drive” in April, featuring an F1 racing helmet on the cover. The Vegas race is the most expensive event on this year’s calendar. The mastermind behind the “Barbie” soundtrack already knows there’s a big crossover between music fans and F1 fans.

Persons: George Harrison, Mario Andretti namecheck, Quest’s, ’, Red Bull, Sergio “ Checo ” Perez, will.i.am, J Balvin, John Legend, Keith Urban, Kylie Minogue, Glynn Wedgewood, COTA's, Elton John, Taylor Swift, COTA, Adam Lambert, ” Wedgewood, “ It's, ”, “ It’s, Stefano Domenicali, —, Lil Wayne, “ Let’s, J, he’s, “, Charles LeClerc, Lewis Hamilton, Christina Aguilera’s, Chloe, Aston Martin, Lance, “ I’ve, hasn’t, Mark Ronson, Barbie, Barbie ’ Organizations: ANGELES, One, Monaco, Las Vegas, U.S, Vegas, ESPN, One’s, Formula One, Prix, Marina, Circuit, “, Ferrari, Mobile Locations: ”, Americas, Austin , Texas, Miami, Wedgewood, Singapore, U.S, Florida, Vegas

NEW YORK, Nov 14 (Reuters) - Shares of Fisker Inc (FSR.N) fell by more than 24% to an all-time low on Tuesday after the electric-vehicle startup slashed its production targets as it struggles to ramp up deliveries. Multiple Wall Street analysts, including from Barclays, Evercore and Cowen, slashed their price target on Fisker's shares after its revised production forecast. The median price target of the 14 analysts covering the stock is $6.50, down from $8 a month ago, and their current recommendation is "hold", according to LSEG data. Unlike other EV makers, Fisker has outsourced its vehicle production to Canadian auto part supplier Magna International (MG.TO). Nelson reiterated his "strong sell" rating and halved his 12-month price target from $2 to $1.

Persons: Fisker's, Cowen, Fisker, John Finnucan, Ihor, Garrett Nelson, Nelson, Chibuike Oguh, Akash Sriram, Lance Tupper, Susan Fenton Organizations: Fisker Inc, Street, Barclays, Evercore, Magna International, S3 Partners, Thomson Locations: Fisker, New York, Bengaluru

Search resuls for: "Lance"

25 mentions found