DIRS.INFO The most relevant business & tech news

☆ Public pools are disappearing across America
▼ + stars: | 2023-07-22 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +12 min

Yet just as public pools become more important than ever, they’re disappearing from sight. Today, the city has five public pools for a population of around 640,000, ranking 89 out of the largest 100 cities in swimming pools per person, according to Trust for Public Land, an advocacy organization for public parks and land. Private pools, like these in Southern California, have replaced public pools in recent decades. When America built poolsWhile public pools are a rarer sight today, governments built enormous pools during the twentieth century. Hannah Beier/ReutersBut the loss of public pools cannot be picked up fully by private pools or non-profit groups.

Persons: Gerome Sutton, ”, Sutton, ” Sutton, Matt Stone, won’t, Tammy Hawkins, We’ve, Andrew Kahrl, “ We’ve, ” Kahrl, Mario Tama, Jeff Wiltse, Robert Moses, ” Wiltse, Victoria Wolcott, Louis, Walcott, Whites, Martin Luther King Jr, ’, Funtown, suburbanites, John Cornell, Wolcott, Kahrl, Kevin Roth, It’s, Hannah Beier, LaShandra Logan, “, ” Logan Organizations: New, New York CNN, National Weather Service, YMCA, Public, Courier, USA, Aqua, Louisville, University of Virginia, National Recreation and Park Association, University of Montana, ”, Hulton, York, federal, Project Administration, San, University at Buffalo, ” Police, D.C, Kerner Commission, The Old, The Old Westbury Country Club, Newsday, Getty, Whites, Recreation and Park Association, Reuters Locations: New York, Louisville , Kentucky, Algonquin, Louisville, West Louisville, Cypress St, America, Southern California, America —, “, New York City, San Francisco, St, Louis, Baltimore, Washington, Los Angeles, Cincinnati, Augustine , Florida, White suburbs, The, The Old Westbury, Mississippi, Cleveland, California, Parks

☆ Travel in America is a crasphoot, and it won't get better anytime soon
▼ + stars: | 2023-06-30 | by ( Allison Morrow | ) edition.cnn.com time to read: +6 min

Passengers weave through JFK International airport on Friday, which is expected to be the busiest day for air travel since the start of the pandemic. Unfortunately, it’s not going to get better anytime soon. This summer, airfare is expected to remain higher than pre-pandemic levels, though a bit lower than their 2022 levels, according to travel research site Hopper. Demand for air travel roared back faster than airports and airlines could rehire staff. When demand for travel roared back faster than expected, the airlines couldn’t hire fast enough.

Persons: David Dee Delgado, it’s, Scott Olson, ” Biden, airfare, Hopper, Mario Tama Organizations: New, New York CNN, Transportation Security, JFK International, Biden, Amtrak, Jet, McKinsey Locations: New York, United States, Europe, Asia

☆ Retail investors are piling into these 10 stocks as a new bull market gets started
▼ + stars: | 2023-06-09 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

Retail investors are returning to the stock market as a new bull market begins and sentiment improves. These are the top 10 stocks that have seen the heaviest buying pressure from retail investors over the past week. These are the top 10 stocks purchased by retail investors over the past week, according to Vanda Research. Advanced Micro DevicesAMD CEO Lisa Su Steve Marcus/ReutersTicker: AMDFive-day Net Retail Purchases: $203.5 millionYear-to-date performance: 92.7%3. Apple(Photo by Fernando Gutierrez-Juarez/picture alliance via Getty Images)Ticker: AAPLFive-day Net Retail Purchases: $385.9 millionYear-to-date performance: 39.8%1.

Persons: Vanda, —, Microsoft Justin Sullivan, Mario Tama, Lisa Su Steve Marcus, Nvidia Jensen Huang, Rick Wilking, Fernando Gutierrez, Tesla Tesla, Michael Macor Organizations: Vanda Research, Service, Palantir, Retail, Microsoft, Verizon, Reuters, Nvidia, CES, Apple, Getty, Bloomberg, San Francisco Locations: Los Angeles , California, Las Vegas , Nevada, U.S

☆ 2024 Republican presidential candidates
▼ + stars: | 2023-05-24 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +8 min

CNN —The first Republican primary debate won’t occur until August. But the 2024 presidential primary campaign is well underway. Here are the currently declared Republican presidential candidates, sorted by their place in the most recent CNN poll of the potential GOP primary electorate. But those investigations have been ongoing for years now, and it’s not clear any allegations will hurt his strength among many Republican voters. Like most GOP candidates, he will struggle to find oxygen in a field that so far has been dominated by Trump.

Persons: Donald Trump, Trump, Ron DeSantis, DeSantis, Mike Pence, Pence, insurrectionists, He’ll, Nikki Haley, Haley, Joe Biden, Tim Scott, Scott, Chris Christie, Christie, – Christie, Vivek Ramaswamy Vivek Ramaswamy, Charlie Neibergall, Ramaswamy, Asa Hutchinson, Hutchinson, Doug Burgum, Burgum, Larry Elder Larry Elder, Mario Tama, Gavin Newsom, Chris Sununu, Larry Hogan, David Chalian, ” “, ” Chalian, Chalian Organizations: CNN, Republican, Florida Gov, GOP, Disney, Trump, United Nations, White Republican, South, White, Iowa Faith, North, Getty, California, New Hampshire Gov, Maryland Gov, DeSantis, Hutchinson Locations: There’s, New York, Fulton County , Georgia, Florida, Riding, Southern, South Carolina, New Jersey, Covid, Arkansas, North Dakota, California

CNN —Vice President Kamala Harris was among those celebrating the return of Brittney Griner to the WNBA on Friday, five months after the Phoenix Mercury star was released from a Russian penal colony. Harris met with players from both teams before the game and thanked them for their support while Griner was in Russian custody for almost 300 days last year. “A team is a team, that’s family.”Harris addressed the players in their locker room before the game. Mario Tama/Getty ImagesIn return, Los Angeles star and players’ union president Nneka Ogwumike thanked Harris and the Biden administration for securing Griner’s release. “Just appreciating everything because tomorrow is not guaranteed.”Griner scored 18 points on her WNBA return.

☆ China’s Demand for Oil Hits Record as IEA Raises Global Forecasts
▼ + stars: | 2023-05-16 | by ( Will Horner | ) www.wsj.com time to read: 1 min

High interest rates and lingering inflation are keeping the demand for oil in developed nations in check. Photo: Mario Tama/Getty ImagesChina’s insatiable demand for oil is growing at a faster-than-expected pace, threatening to tighten crude markets and send oil prices higher as supplies struggle to keep up, the International Energy Agency said. The Paris-based agency’s latest outlook points to a widening divide between booming demand for crude across the developing world and lackluster demand in Europe and North America where economic prospects look bleak.

☆ Vice Media to Sell Itself as It Files for Bankruptcy
▼ + stars: | 2023-05-15 | by ( Dave Sebastian | ) www.wsj.com time to read: 1 min

Vice said its media brands will continue to produce content. Photo: Mario Tama/Getty ImagesVice Media, the once-hot digital news startup that was valued at $5.7 billion at its peak, said it has received a rescue offer and filed for bankruptcy protection. The company, whose assets include Vice News, Vice TV, Refinery29 and Motherboard, on Monday said a group of its creditors, including Soros Fund Management, Fortress Investment Group and Monroe Capital , has agreed to buy Vice for about $225 million and take on “significant liabilities.” The agreement is subject to higher bids from other parties, it said.

☆ Jim Cramer: An economic wave is about to hit that will be fantastic for investors
▼ + stars: | 2023-05-14 | by ( Jim Cramer | ) www.cnbc.com time to read: +12 min

Ultimately, I have gotten to know my way around the CPI and it's a sloppy way to figure out pricing. Don't be frightened of the wave of deflation or misinterpret it as anything but fantastic for investors. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade.

☆ Pandemic-related asylum restrictions known as Title 42 expire, straining U.S. immigration system
▼ + stars: | 2023-05-12 | by ( ) www.cnbc.com time to read: +10 min

The expired rule, known as Title 42, was in place since March 2020. While Title 42 prevented many from seeking asylum, it carried no legal consequences, encouraging repeat attempts. Migrants cross the Rio Bravo river to turn themselves in to U.S. Border Patrol agents before Title 42 ends, in Matamoros, Mexico May 10, 2023. Homeland Security Secretary Alejandro Mayorkas had already warned of more crowded Border Patrol facilities to come. They were quickly apprehended by Border Patrol agents.

☆ Eviction Bans Remain in California More Than 3 Years Into the Pandemic
▼ + stars: | 2023-05-08 | by ( Will Parker | ) www.wsj.com time to read: 1 min

California landlords say there is no longer any pandemic justification for many renter protections. Photo: Mario Tama/Getty ImagesA handful of California cities are still enforcing laws that protect tenants from eviction or rent increases, extending pandemic-era policies that most of the country wound down more than a year ago. The San Francisco board of supervisors voted in March to maintain a local eviction ban for unpaid rent until at least the summer. The city of Los Angeles, meanwhile, extended a prohibition on evicting tenants for having unauthorized pets or occupants in their apartments. It also renewed a rent freeze on rent-controlled apartments until next year.

☆ How promising are new drugs to treat obesity?
▼ + stars: | 2023-05-05 | by ( Katia Hetter | ) edition.cnn.com time to read: +8 min

CNN —The pharmaceutical company Eli Lilly announced last week that a medication developed to treat diabetes, tirzepatide, also had a substantial effect on reducing weight. Another pharmaceutical company, Novo Nordisk, manufactures the medication semaglutide, which the FDA has already approved to treat diabetes under the brand name Ozempic and to treat obesity under the brand name Wegovy. How promising are they to treat obesity? CNN: How promising are these drugs to treat obesity? It is really important to treat obesity as the disease that it is — and having effective medications to do so is crucial.

☆ Lyft Stock Falls After Weak Outlook
▼ + stars: | 2023-05-04 | by ( Preetika Rana | ) www.wsj.com time to read: 1 min

Lyft plans to pass along some projected annual cost savings to riders and drivers in the form of lower prices and higher earnings. Photo: Mario Tama/Getty ImagesLyft shares fell Thursday after it forecast weaker-than-expected revenue and adjusted earnings in the June quarter, as it rides through a tumultuous period of layoffs and leadership changes. The outlook overshadowed the ride-sharing company’s first-quarter results. Revenue increased 14% to $1 billion in the three months ended March, better than the $982 million that analysts surveyed by FactSet had predicted.

☆ Lyft Grew First-Quarter Revenue During Tumultuous Period
▼ + stars: | 2023-05-04 | by ( Preetika Rana | ) www.wsj.com time to read: 1 min

Lyft plans to pass along some projected annual cost savings to riders and drivers in the form of lower prices and higher earnings. Photo: Mario Tama/Getty ImagesLyft shares fell Thursday after it forecast weaker-than-expected revenue and adjusted earnings in the June quarter, as it rides through a tumultuous period of layoffs and leadership changes. The ride-sharing company’s revenue increased 14% to $1 billion in the three months ended March, better than the $982 million that analysts surveyed by FactSet had predicted.

☆ Senate Votes to Disapprove of Biden Solar Tariff Exemption
▼ + stars: | 2023-05-03 | by ( David Harrison | ) www.wsj.com time to read: 1 min

Lawmakers who oppose the solar-tariff exemption say it harms U.S. manufacturers. Photo: Mario Tama/Getty ImagesThe Senate voted 56-41 on Wednesday to block a move by the Biden administration to temporarily remove tariffs on solar materials imported from Southeast Asia, sending the measure to President Biden’s desk for an expected veto. Nine Democrats sided with Republicans in favor of the resolution, while one GOP lawmaker, Sen. Rand Paul of Kentucky, voted against the measure. The Senate’s vote follows the House’s passage of the measure by a vote of 221-202 with 12 Democrats in support.

☆ Uber’s Rides, Delivery Lift First-Quarter Results
▼ + stars: | 2023-05-02 | by ( Preetika Rana | ) www.wsj.com time to read: 1 min

Uber’s sales expansion in the quarter was in line with Wall Street’s expectations. Photo: Mario Tama/Getty ImagesContinued demand for Uber Technologies ’ ride-share and delivery services boosted its revenue and adjusted earnings in the first quarter, despite concerns that high inflation and a potential recession could douse spending. The San Francisco-based company said Tuesday that revenue for the three months through March rose 29% from a year earlier to $8.82 billion. It also increased the number of consumers and trips, and the value of transactions, on its platform. The sales expansion was in line with Wall Street’s expectations.

☆ Vice Media Prepares to File for Bankruptcy
▼ + stars: | 2023-05-02 | by ( Jessica Toonkel | Alexander Saeedy | ) www.wsj.com time to read: 1 min

Vice Media had recently announced it would be restructuring its news division. Photo: Mario Tama/Getty ImagesVice Media is preparing to file for bankruptcy as soon as within the next several days, people familiar with the matter said, a move that would mark a major fall from grace for a once-hot media startup that was valued at $5.7 billion at its peak. Vice, whose assets include Vice News, Vice TV, Refinery29 and Motherboard, has struggled for years to find growth. The company has been looking to sell itself, but a deal hasn’t materialized, The Wall Street Journal previously reported. Its chief executive, Nancy Dubuc, departed earlier this year, and last week the company announced it would be restructuring its news division, ending its Vice World News Tonight show and shutting down the Vice World News brand.

☆ Vice Media Cuts Staff and Ends Vice News Tonight
▼ + stars: | 2023-04-27 | by ( Jessica Toonkel | Alexandra Bruell | ) www.wsj.com time to read: 1 min

Vice Media has struggled to show rapid growth and live up to an early valuation of $5.7 billion. Photo: Mario Tama/Getty ImagesVice Media said it was restructuring its global news operation, including shutting down its Vice News Tonight broadcast, as the embattled media company looks to sell itself. The company expects to cut more than 100 jobs as part of the broader reorganization, according to a person familiar with the matter. Vice has around 1,500 employees, another person said.

☆ What it was like to pilot the supersonic Concorde jet
▼ + stars: | 2023-04-27 | by ( Francesca Street | ) edition.cnn.com time to read: +28 min

It’s said that during the aircraft’s 27 years of service, there were more qualified American astronauts than there were British Airways Concorde pilots. Supersonic flyingA photo of Concorde pilot Barbara Harmer, Concorde at the controls for a London to New York flight in 1993. Concorde: When supersonic travel was a reality 02:32 - Source: CNNThe small pool of Concorde pilots also meant everyone knew everyone. It would take him back to the day he stood at Heathrow, watching the first commercial Concorde flight take off. Future of supersonic flightAlmost two decades since Concorde’s final flight, the allure of supersonic flight hasn’t waned, with companies such as Boom Supersonic plotting plans for Concorde’s successor.

☆ Gap to Conduct Layoffs, Cutting 1,800 Corporate Jobs
▼ + stars: | 2023-04-27 | by ( Suzanne Kapner | ) www.wsj.com time to read: 1 min

Gap’s latest round of cuts is expected to result in $300 million in annualized savings. Photo: Mario Tama/Getty ImagesGap Inc. said it is eliminating 1,800 jobs as part of a broad restructuring aimed at making the company more nimble and less bureaucratic. The job cuts are expected to result in $300 million in annualized savings as part of a plan outlined in March, the company said Thursday. The positions being eliminated are mainly at its San Francisco and New York headquarters as well as some senior field roles.

☆ California's reappearing phantom lake could remain for two years in the Central Valley
▼ + stars: | 2023-04-26 | by ( Emma Newburger | ) www.cnbc.com time to read: +4 min

An aerial view of a home (C) surrounded by floodwaters in the reemerging Tulare Lake, in California’s Central Valley, on April 14, 2023 in Corcoran, California. Mario Tama | Getty Images News | Getty ImagesSatellite images taken over the past several weeks show a dramatic resurrection of Tulare Lake in California's Central Valley and the flooding that could remain for as long as two years across previously arid farmland. This week, a heat wave could prompt widespread snow melt in the mountains and threaten the small farming communities already dealing with the resurrected Tulare Lake. Satellite imagery shows a large swath of farmland before water filled the Tulare Basin. Planet LabsSatellite images show miles of flooding after California's Tulare Lake returns.

CNN —Harry Belafonte, the dashing singer, actor and activist who became an indispensable supporter of the civil rights movement, has died, his publicist Ken Sunshine told CNN. Bettmann Archive/Getty Images Belafonte, left, plays a school principal in a scene from the film "See How They Run" in 1952. Bettmann Archive/Getty Images Belafonte poses with the Emmy Award he won in 1960 for the musical special "Tonight With Belafonte." Fred Sabine/NBCU/Getty Images Belafonte and other recipients of Albert Einstein Commemorative Awards display their medallions after being honored in 1972. He is survived by his wife Pamela, his children Adrienne Belafonte Biesemeyer, Shari Belafonte, Gina Belafonte, David Belafonte, two stepchildren Sarah Frank and Lindsey Frank and eight grandchildren.

☆ The demise of BuzzFeed News marks the end of an era for digital media
▼ + stars: | 2023-04-21 | by ( Oliver Darcy | ) edition.cnn.com time to read: +5 min

BuzzFeed News, the digital news outlet that harnessed the power of social media to take the internet by storm, is shuttering. Back then, BuzzFeed was the envy of media and its employees the cool kids of the industry. Lists and quizzes saturated social media feeds and dominated the internet. As the dinosaurs of the social media era get their lunch eaten by newcomers such as TikTok, so are the outlets that previously wielded those same platforms as their superpowers. BuzzFeed News gave BuzzFeed writ large prestige that the other content companies of the bygone era (ViralNova, Distractify, etc.)

☆ Rite Aid Seeks Direction as Pressure Mounts
▼ + stars: | 2023-04-19 | by ( Sabela Ojea | ) www.wsj.com time to read: 1 min

Rite Aid has said it aims to keep cutting expenses through 2024 by ramping up store closures and shrinking its workforce. Photo: Mario Tama/Getty ImagesRite Aid Corp.’s cash reserves are dwindling, a lawsuit is looming and sales are slowing ahead of the drugstore chain’s fourth-quarter earnings on Thursday. Meanwhile, investors are waiting for the company to name a permanent chief executive to chart a path to growth as demand wanes for Covid-19 booster shots and testing services.

☆ JPMorgan is asking senior managers to be in the office five days a week. Here's the latest on return-to-office mandates.
▼ + stars: | 2023-04-16 | by ( Matt Turner | Dave Smith | ) www.businessinsider.com time to read: +4 min

On the agenda today:But first: JPMorgan is asking senior managers to be in the office five days a week. The company told senior managers this week that they "have to be visible on the floor" in a memo asking managing directors to be in the office five days a week. Last month, Disney told employees they were expected to be back to the office four days a week. And Amazon said it wants all employees back in the office at least three days a week by next month, setting off both internal opposition and support, and a scramble to get office space ready. A dozen former Kittyhawk employees told Insider that Kittyhawk found itself torn between the conflicting visions and shifting priorities of its billionaire founder and his handpicked CEO.

☆ DeSantis says Florida won't help extradite Trump even though it's required by US Constitution
▼ + stars: | 2023-03-31 | by ( Kimberly Leonard | Jacob Shamsian | ) www.businessinsider.com time to read: +6 min

DeSantis pledged Florida wouldn't be involved in an extradition to New York, given that Trump lives in Palm Beach. Ron DeSantis of Florida pledged Thursday that state officials would not help extradite former President Donald Trump from Florida to New York in a charged political attack on the prosecutor, following the first-ever indictment of a former president. The Florida extradition statute describes two ways of extraditing people from Florida to another state where they face criminal charges. The governor's only role is making sure the demand meets all the legal requirements before ordering the extradition, legal experts told Insider. He could also delegate and let another member of the Florida executive branch sign off on Hochul's extradition demand.

Search resuls for: "Mario Tama"

25 mentions found