DIRS.INFO The most relevant business & tech news

☆ I built a 'tiny house' hotel that made $860,000 in bookings in its first year. Here are my tips for starting a successful short-term-rental business.
▼ + stars: | 2023-02-07 | by ( Kiera Fields | ) www.businessinsider.com time to read: +6 min

French shares how he grew direct bookings and the property's social media to find early success. Last year, I built and opened a "tiny hotel" — a short-term-rental property made up of seven tiny houses — that made $860,000 in bookings. Live Oak Lake. I started growing the Live Oak Lake Instagram presence when we opened, and now we have 70,000 followers. We make about 10% more profit through direct bookings because we can avoid booking-site fees.

☆ Kanye West's ex-lawyers finally found him after months of trying to tell him they quit
▼ + stars: | 2023-02-06 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +4 min

Lawyers who represented Ye — aka Kanye West — finally found him after months of trying. After months of searching, attorneys at Greenberg Traurig LLP, the firm that represented West for everything from contract disputes to employment lawsuits, tracked Ye down and told him they quit. He was found at a location "primarily used by persons and entities not affiliated with Ye or his businesses," according to lawyers for Greenberg Traurig. He stopped responding to texts from Greenberg Traurig, the lawyers wrote in a series of court filings, asking for repeated extensions for the deadline to track him down. While the service may mark the end for Greenberg Traurig, it's only the beginning for Ye, whose legal risks couldn't get much higher.

☆ Salesforce is a cautionary tale for other tech companies
▼ + stars: | 2023-01-05 | by ( Diamond Naga Siu | ) www.businessinsider.com time to read: +5 min

It's only day five of the month, but there have already been more tech layoffs than there were in all of January 2022. I'm your host Diamond Naga Siu, and I'm here to walk you through the latest tech job cuts. Salesforce CEO Marc Benioff announced yesterday that it's shuttering multiple offices and entering its second round of layoffs within months. These are issues unique to Salesforce, but other tech companies have also been fumbling for a while. And the cloud company's layoffs signal that the tech industry is going to continue downhill this year, as customers cut spending.

New York CNN —After years of legal battles, pontificating and theorizing, former President Donald Trump’s tax returns from 2015 to 2020 are now part of the public record. However, Trump’s tax returns raise numerous questions about the former president’s finances, his business activities, foreign ties and his charitable donations, among other issues. The tax returns do not show what the bank account was used for or how much money passed through it or to whom. The tax returns don’t say how much he lent them or why he gave them loans in the first place. Since 1977, the Internal Revenue Service has had a policy of auditing every president’s personal tax returns while they are in office.

New York CNN —FTX founder Sam Bankman-Fried was indicted on eight criminal charges including wire fraud and conspiracy by misusing customer funds, according to an indictment from the US Attorney of the Southern District of New York. Separately Tuesday, US markets regulators charged Bankman-Fried with defrauding investors and customers in his failed crypto exchange FTX. The Securities and Exchange Commission said Bankman-Fried, “orchestrated a years-long fraud” to conceal from FTX investors the diversion of customer funds to Alameda Research, his crypto-trading hedge fund. Star athletes and celebrities who backed FTX also reportedly received a stake in the company, including Tom Brady and Gisele. That meant there was no meaningful distinction between FTX customer funds and Alameda’s funds that Bankman-Fried used as his “personal piggy bank,” the complaint says.

☆ Elon Musk gambled big on Twitter. Tesla is going to pay the price.
▼ + stars: | 2022-12-05 | by ( Vicki Bryan | ) www.businessinsider.com time to read: +13 min

Whatever you might think of Twitter, it's hard to watch Elon Musk clumsily flay it alive to "save it." Having observed Musk in action for years there is one troubling option I suspect he may pursue: raid Tesla. But siphoning cash from Tesla, Musk's only profitable company, just as serious competition is toppling its dominance, should concern Tesla's investors. And given his obsession with Twitter, they may well ask: How far will Elon go to save Twitter at Tesla's expense? Tesla's stock is down more than 50% this year — evaporating nearly $700 billion in market-cap value since its peak in late 2021.

☆ How Elon Musk Could Use Money From Tesla to Prop up Twitter
▼ + stars: | 2022-12-05 | by ( Vicki Bryan | ) www.businessinsider.com time to read: +13 min

Whatever you might think of Twitter, it's hard to watch Elon Musk clumsily flay it alive to "save it." But siphoning cash from Tesla, Musk's only profitable company, just as serious competition is toppling its dominance, should concern Tesla's investors. And given his obsession with Twitter, they may well ask: How far will Elon go to save Twitter at Tesla's expense? How Musk could use Tesla to try and save TwitterMusk cobbled together his Twitter funding primarily by selling off a major chunk of his stock in Tesla and taking out huge loans. Saving Twitter won't kill Tesla anytime soon, and Twitter might not survive unless it does, but Musk is draining Tesla's capacity to weather what could be its toughest challenges ahead.

☆ Fintechs should have partnerships with more than one bank as regulatory scrutiny ramps up, according to an industry insider
▼ + stars: | 2022-10-28 | by ( Asia Martin | ) www.businessinsider.com time to read: +2 min

Fintechs often have one bank partner because of the lengthy due diligence process. As fintech and bank partnerships receive heavier scrutiny, financial-technology companies shouldn't place their eggs in one basket, according to one insider. Fintechs should have more than one bank partner in this regulatory environment, John Beccia, CEO of consultancy FS Vector, said while speaking at Money20/20 USA. Beccia cited Blue Ridge Bank, which has faced regulatory issues from the Office of Comptroller of the Currency over its third-party fintech partnerships. And fintechs, if they only have one bank partner, they'll be left without a partner," said Beccia.

☆ Ted Cruz reimbursed himself $555,000 after successfully challenging a political spending law at the Supreme Court
▼ + stars: | 2022-10-17 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +4 min

Ted Cruz's campaign paid him $555,000 to cover old personal loans to his Senate committee. Ethics advocates and some Supreme Court justices warned that the decision could lead to corruption. And the one-time presidential candidate and two-term senator has the US Supreme Court to thank for it. That allowed Cruz to initiate a lawsuit against the Federal Election Commission, which eventually made its way up to the Supreme Court. Supreme Court Justice Elena Kagan echoed that same argument in her dissenting opinion.

☆ Trump's secret, ugly breakup with Deutsche Bank is revealed in new allegations by NY's attorney general
▼ + stars: | 2022-10-16 | by ( Laura Italiano | ) www.businessinsider.com time to read: +10 min

Deutsche Bank, Trump's largest single lender, forced him into a 'managed exit' last year. An excerpt from Deutsche Bank's October 29, 2020 letter to Donald Trump, Jr., raising concerns about Donald Trump's allegedly fraudulent financial statements. And then, nothingSo where's that response, Deutsche Bank's lawyer asked Trump's lawyer in an email sent on January 8, 2021, three weeks and one Capitol siege later. As for Deutsche Bank's final request for a response, "ultimately, none was forthcoming," the AG's filing from Thursday said. A Deutsche Bank spokesman told Insider he could not comment on legal claims or on client accounts.

Mortgage interest rates are always changing, and there are a lot of factors that can sway your interest rate. Average mortgage interest rate by stateThe state where you're buying your home could influence your interest rate. Here's the average interest rate by loan type in each state according to data from S&P Global. A mortgage rate, also known as an interest rate, is the fee charged by your lender for loaning you money. In general, you can consider a good mortgage rate to be the average rate in your state or below.

☆ How to Choose the Best High-Yield Savings Account for You
▼ + stars: | 2022-06-09 | by ( ) www.wsj.com time to read: +9 min

By Beth PinskerIf you search for the best available high-yield savings offers, it can be hard to tell whether what you see advertised is being offered by an actual bank. High-yield savings accounts offer a much higher return for customers on savings than the national average, although there’s no fixed scale. What should you look for in a high-yield savings offer? What is FDIC insurance and why is it important for high-yield savings accounts? Which banks can I trust for a high-yield savings account?

☆ How to Choose the Best High-Yield Savings Account
▼ + stars: | 2022-06-09 | by ( ) www.wsj.com time to read: +9 min

☆ Unearthing the Secrets of New York’s Mass Graves
▼ + stars: | 2016-05-15 | by ( Nina Bernstein | ) www.nytimes.com time to read: +51 min

Then, like more than a million men, women and children since 1869, she was consigned to a trench on Hart Island. Citing security, the city’s Correction Department also repeatedly rebuffed The Times’s requests to witness Hart Island burials firsthand. hart island Future plots Future plots Active trench 2000s 1990s Hart Island N.Y.C. He readily remembered the Dickerson case as a financial disappointment, but said he was hearing of his ward’s Hart Island burial for the first time. When she died, Ms. Murray had $6,887 left in her personal account at New Surfside.

Persons: Alon Sicherman, Micah Dickbauer, Leola Dickerson, Zarramen Gooden, Milton Weinstein, Hart, shrouds Hart Island’s, Ruth Proskauer Smith, Arnold, Timothy Daniels, Melinda Hunt, Hunt, Hart Island’s, “, snatchers, New York State’s, Jim Crow, Gwendolyn Burke, Burke, ”, David Minton, Dickerson, We’re, Mango’s, Joseph Dixon, Helen Katz, Johnny Maddox, Constance Dickerson Williams, Grandma Leola, Dickerson’s, Dr, Michael Katz, Ms, Katz, Maddox, Bernice, Thackus Dickerson, sheriff’s, Jay Stuart Dankberg, ” Mr, Dankberg, exposés, —, ” Felice Wechsler, Constance Mirabelli, Mirabelli, John, Jo Ann Douglas, Mirabelli ”, Douglas, Ciro Ferrer, Ferrer, Regla, Nicholas S, Ratush, Ferrer’s, Ilda, Mr, Julie Bolcer, ” Zarramen, Rita Nelson, Malondya, Doris McCrea, Audrey Ponzio, McCrea, Jonathan Mawere, Emmett Pantin, Sgt, Gerard Pantin, ” Sergeant Pantin, Jason Chiaramonte, Hey, Jason, Chiaramonte, ” Ms, Bolcer, McAllister, Hurricane Sandy, Amy Koplow, Einstein, ” Michael Wynston, Weinstein’s, Wynston, Weinstein, Lynda, abusiveness, Michael, wouldn’t, Barry Gainsburg, they’re, Monica Murray, Maureen, Linda, doesn’t, ” Maureen Eastman, St . Lucia, Murray, Eastman, Grandma, Charles, Murray’s, ’, Sheryl Hurst, Rodeph Sholom, Terry Saunders, Lady Thiang, Hurst’s, James Hurst, Hurst, Sally Kaplan, Sheryl, ’ ” Organizations: The New York Times, New York Times, Sears, Roebuck & Company, city’s, Information, New York University School of Medicine, New York, Department, Times, The Times, Columbia College, United, New, Albert Einstein College of Medicine, Social, Atlantic City, Army, Queens County, Medicaid, Government, Hygiene Legal Service, Medical, Continental, Care, Hart, ”, Offshore Hospital, Hospital, Rivals, American Academy McAllister Institute of Funeral Service, Queens, Nassau Community College, Bellevue Hospital, Association, Center for Nursing, Rehabilitation, Irish, New Surfside, Facebook, Jewish Locations: Hart, New York City, Long, Alabama, New York, Bronx, . New York, New, Dakota, Manhattan, New York State, Jerusalem, Southern, morgues, Philadelphia , New Haven, United States, Ohio, American, Harlem, Rikers, hart, Pleasantville, N.J, Tuskegee, ”, Milton, New Jersey, Queens, Queens County, Pensacola, Fla, Atlantic, West, St, Cuba, Trench, Elmhurst , Queens, Havana, Elmhurst, Far Rockaway, Brooklyn, Turners Falls, Iraq, Trinidad, Florida, Afghanistan, they’re, Midtown Manhattan, Bellevue, Hurricane, St ., Creedmoor, Arizona, Farmingdale, Jersey, —, California

Search resuls for: "loaning"

14 mentions found