DIRS.INFO The most relevant business & tech news

☆ Fearsome spinosaurus wasn't the scourge of prehistoric seas after all
▼ + stars: | 2022-12-05 | by ( Ashley Strickland | ) edition.cnn.com time to read: +7 min

Sereno and his team returned to their work with Spinosaurus in search of answers about what life had really been like for the fearsome dinosaur. James GurneyNext, the team turned to Spinosaurus’ tail. Dr. Frank Fish, tail mechanics expert and professor of biology at West Chester University of Pennsylvania, took the lead. Fish compared the Spinosaurus tail with those of alligators and other reptiles and found the dinosaur would have been too rigid to function well underwater. Spinosaurus fossils have largely been found in the riverbank deposits of Niger’s inland basins, which are distant from prehistoric marine coastlines.

☆ From backyard colossus to Midtown jewel: Journey of the Rock Center Christmas tree
▼ + stars: | 2022-11-30 | by ( Associated Press | Matthew Nighswander | ) www.nbcnews.com time to read: 1 min

In a ceremony dating back to 1933, the Rockefeller Center tree will be lit Wednesday night, completing the metamorphosis of a backyard giant into one of the world's most famous Christmas trees. Construction workers pooled their money in 1931 to buy the first tree to grace the plaza, a 20-foot high balsam fir with garlands made by their families. Rockefeller Center decided to make the tree an annual tradition and the first tree-lighting was two years later.

☆ Ko wins LPGA Player of the Year, final title as a single lady
▼ + stars: | 2022-11-21 | by ( ) www.reuters.com time to read: +2 min

"I couldn't have drawn it up any better," the world number three said after winning the LPGA's biggest cheque of $2 million at the Tiburon Golf Club in Naples. Ko wiped away tears as she tapped in for par on the final hole at Tiburon, having outlasted Ireland's third-round co-leader, Leona Maguire. The win, her second in the season-ending event, ensured her a second LPGA Player of the Year award, seven years after her first. She also claimed the Vare Trophy for a second year in succession after finishing with the season's lowest scoring average of 68.988. Only Annika Sorenstam, the Swedish great, has a better average (68.70 in 2002) among Vare Trophy winners.

☆ Amazon gets irrationally swept up in tech angst
▼ + stars: | 2022-10-27 | by ( Lauren Silva Laughlin | ) www.reuters.com time to read: +4 min

Revenue for the business that delivers goods in the mail jumped to $107 billion, a 13% increase from a year earlier. Amazon said fourth-quarter operating income could be as low as zero along with net sales projections that fell below what analysts were expecting, according to estimates gathered by Refinitiv. Unlike Meta, Amazon is a victim of wider trends, including angst over the technology sector. Amazon Web Services, the data storage business, increased sales 28% from a year earlier to $20.5 billion, also short of Wall Street’s expectations. For the fourth quarter, Amazon said it expects net sales to be between $140 billion and $148 billion, up 2% to 8% from the fourth quarter in 2021.

☆ China Evergrande’s Debt-Crisis Fallout: Losses, Layoffs and More Defaults
▼ + stars: | 2022-10-13 | by ( Cao Li | Rebecca Feng | ) www.wsj.com time to read: 1 min

When China Evergrande Group began struggling under a mountain of debt last year, it quietly set off a chain reaction across the country. Chinese authorities prevented a disorderly collapse of the real-estate colossus, but Evergrande’s distress has spread across China’s housing market and many related industries. The situation has worsened this year into what is now a full-blown property downturn that has become a major drag on China’s economy.

☆ U.S. stock market is taking hits, but we’re still doing better than the rest of the world
▼ + stars: | 2022-10-07 | by ( Bob Pisani | ) www.cnbc.com time to read: +1 min

The U.S. stock market may be down 21% this year, but it's far better than most of the rest of the world. The U.S. stock market, which has been outperforming most other markets for a long time, is continuing to increase its market share of global equities. That 66%, Hartnett says, is an all-time high. Hartnett notes that Tesla's market cap, at roughly $750 billion, is now the same as the entire European banking sector. U.S. stock market: king of the hill (by market capitalization) U.S.: 60.3% Japan 5.4% China 4.1% UK 3.9% Canada 3.2% France 2.7% Switzerland 2.5% Australia 1.9% Germany 1.9% Taiwan 1.6% Other 12.2%

☆ 7 companies poised to cash in on the $30 billion hydrogen commercial-vehicle market by winning over giants like Amazon
▼ + stars: | 2022-09-20 | by ( Andrew Moseman | ) www.businessinsider.com time to read: +7 min

Rising fuel costs, the possibility of stricter emissions regulations to come, and questions about battery supplies, have all increased the appeal of zero-emission fuel cells. Volvo TrucksVolvo GroupCEO: Martin LundstedtMarket Cap: $32.97 billionHQ: Gothenburg, SwedenVolvo Trucks said in June 2022 it had begun testing hydrogen fuel-cell trucks. In the latter case, Plug Power has provided Amazon with more than 15,000 fuel cells to replace the batteries in its warehouse forklifts since 2016. Plug just signed a new deal to provide the behemoth with the liquid hydrogen necessary to run its fuel-cell vehicles starting in 2025. As part of a deal with Weichai group, Ballard is building fuel cells in China to power fuel-cell vehicles in that market.

☆ Inside Serge Gainsbourg and Jane Birkin’s Storied Home
▼ + stars: | 1991-03-02 | by ( Joshua Levine | ) www.wsj.com time to read: 1 min

On March 2, 1991, Serge Gainsbourg went to sleep in his bed on the second floor of his house at 5 bis rue de Verneuil in Paris and never woke up. A second heart attack killed him at age 62. For all of France, his death was both shocking and unsurprising. Gainsbourg bestrode the French cultural landscape like a broken-down colossus. “He was our Apollinaire, our Baudelaire,” wrote French president François Mitterand.

Persons: Serge Gainsbourg, he’d, Gainsbourg, Apollinaire, ”, François Mitterand Locations: Verneuil, Paris, France

Search resuls for: "colossus"

8 mentions found