DIRS.INFO The most relevant business & tech news

☆ Powerball's $1 billion jackpot has a winner—and 36 others scored $1 million
▼ + stars: | 2023-07-20 | by ( Kamaron Mcnair | In Kamaronmcnair | ) www.cnbc.com time to read: +3 min

One lucky Golden State winner scored the Powerball's third-ever $1 billion jackpot by matching all five numbers and the Powerball. But seven other California players got lucky too. They were among 36 players across 16 states who matched five numbers to win $1 million during the draw. The million-dollar prize automatically drops to $760,000 after getting taxed at the 24% federal rate, according to Powerball's tax calculator. Unlike the jackpot winner, these million-dollar prize winners may not have the option to stretch their winnings out over a period of time — they have to take a lump sum.

Organizations: Golden, California, Connecticut, Illinois Indiana, Missouri, Wisconsin, Powerball Locations: California, Connecticut Florida, Illinois Indiana Kentucky Massachusetts, Maryland, Missouri New Hampshire New Jersey, New York, Ohio Texas, Wisconsin West Virginia, Florida , Pennsylvania, Rhode, Florida, New Hampshire, New Jersey

☆ Premarket stocks: Bank CEOs are already complaining about new regulations they haven't even seen yet
▼ + stars: | 2023-07-19 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +7 min

Investors, worried about the economic atmosphere and the recent regional banking collapse, breathed a sigh of relief at the results. Jamie Dimon, head of JPMorgan Chase, commented on the bank’s Friday earnings call that non-bank financial rivals were “dancing in the streets” as regulators get ready to increase bank capital requirements. “This is great news for hedge funds, private equity, private credit, Apollo, Blackstone,” Dimon said of the proposed regulations. The change, they say, will increase the financial system’s resilience following the failures of three regional banks earlier this year. “The capital in the industry is sufficient,” said Bank of America CEO Brian Moynihan on his company’s earnings call Tuesday morning.

Persons: Jamie Dimon, JPMorgan Chase, ” Dimon, ”, Jeremy Barnum, Barnum, don’t, Brian Moynihan, “ They’ve, Morgan Stanley, James Gorman, Elizabeth Warren, Richard Blumenthal, Tammy Duckworth, Martin Gruenberg, “, Taylor Marr, That’s, they’re, Bryan Mena, Neil Saunders Organizations: CNN Business, Bell, New York CNN, Silicon Valley Bank, JPMorgan, Blackstone, of America, CNBC, Valley Bank, Signature Bank, Federal Deposit Insurance, Redfin, Retail, Commerce Department Locations: New York, Silicon, Basel, Massachusetts, Elizabeth Warren , Connecticut

☆ Fact Check-Image shows Stephen King cover art, not a real article saying JKF survived assassination
▼ + stars: | 2023-07-18 | by ( Reuters Fact Check | ) www.reuters.com time to read: +2 min

Cover art that featured on the back of a Stephen King novel is circulating online with the false claim that it shows an authentic news article reporting that U.S. President John F. Kennedy survived his assassination in 1963. Examples of the image shared online can be seen (here) and (here). A search for the image shows that it featured in an article published by the SFGATE in 2015 reporting on a TV series based on the novel (here). Authentic headlines published in 1963 reporting on Kennedy’s assassination can be seen in The Connecticut Post and Business Insider (here), (here). The image does not show an authentic news article reporting that John F. Kennedy survived his assassination and instead, shows cover art that featured on the back of Stephen King’s novel, “11/22/63.”This article was produced by the Reuters Fact Check team.

Persons: Stephen King, John F, Kennedy, JFK, “ JFK, ”, Jack Epping, Earl Warren, Lee Harvey Oswald, Stephen King’s, Read Organizations: Daily, Facebook, Darhansoff, Verrill, Agents, The Connecticut Post, Business, Chief, Reuters Locations: The Connecticut, Dallas , Texas

☆ How much you need to earn to be in the top 1% in every U.S. state
▼ + stars: | 2023-07-18 | by ( Mike Winters | ) www.cnbc.com time to read: +4 min

In Connecticut, households need to earn an annual income of $952,902 or more to be part of the top 1% of earners. While residents in more urban states tend to earn more, they also generally have a higher cost of living, which somewhat offsets those larger incomes. ConnecticutTop 1% income threshold: $952,9022. MassachusettsTop 1% income threshold: $903,4013. West VirginiaTop 1% income threshold: $367,582DON'T MISS: Want to be smarter and more successful with your money, work & life?

Persons: That's Organizations: Connecticut, Massachusetts, California, . New, Washington, New York, Colorado, Florida, Illinois, New Hampshire, Wyoming, Virginia, Maryland, Texas, Utah, Minnesota, Nevada, South Dakota, Pennsylvania, . North Dakota, Georgia, Oregon, Arizona, Idaho, North Carolina, Montana, Kansas, Rhode, Tennessee, Alaska, Nebraska, Delaware, Vermont, Wisconsin, South Carolina, Michigan, Maine, Missouri, Ohio, Hawaii, Iowa, Indiana, Alabama, Oklahoma, Louisiana, Arkansas, Kentucky, New, Mississippi, West Virginia Top Locations: Connecticut, West Virginia, California, New York, Southern, Mississippi, Iowa, . New Jersey, New Mexico

☆ BlackRock’s Aramco embrace makes sense in a vacuum
▼ + stars: | 2023-07-18 | by ( Lauren Silva Laughlin | ) www.reuters.com time to read: +4 min

The $109 billion asset manager run by Larry Fink said on Monday it would add Saudi Aramco (2222.SE) Chief Executive Amin Nasser to its 16-strong board. But judged through an investment lens the appointment makes sense. Nasser, who led Aramco through its 2019 initial public offering, will take the seat currently occupied by Bader Alsaad, a former managing director of the Kuwait Investment Authority. Follow @thereallsl on TwitterCONTEXT NEWSBlackRock on July 17 said Amin Nasser, chief executive of Saudi Aramco, would join its board as an independent director. “Amin’s distinguished career at Aramco, spanning more than four decades, gives him a unique perspective on many of the key issues facing our firm and our clients,” BlackRock Chief Executive Larry Fink said in a statement.

Persons: Larry Fink, Amin Nasser, Nasser, Bader Alsaad, Jamal Khashoggi, Randall Stephenson, Fink, Richard Blumenthal, T Rowe Price, Fink –, “ Amin’s, Peter Thal Larsen, Sharon Lam Organizations: YORK, Reuters, BlackRock, Aramco, Kuwait Investment Authority, of, Petroleum, Saudi, Golfers ’ Association, Global Energy, Exxon Mobil, Chevron, Shell, Thomson Locations: BlackRock, Saudi Aramco, Kuwait, Saudi Arabia, United States, U.S, Texas, Connecticut, Aramco

☆ US Powerball jackpot hits $1 billion
▼ + stars: | 2023-07-18 | by ( Rachel Nostrant | ) www.reuters.com time to read: +2 min

July 18 (Reuters) - The U.S. Powerball jackpot has reached a whopping $1 billion for only the third time in the game's history after another Monday night drawing produced no winning ticket. The Monday drawing was the 38th in a row without someone winning the top prize, which increases every time the jackpot goes unclaimed. The odds of winning the jackpot are one in 292.2 million, according to the Powerball website. The last winning jackpot ticket was picked on April 19, for a grand prize of $252.6 million. The largest Powerball jackpot ever won was in November, when a California man drew the lucky numbers for $2.04 billion.

Persons: David Shanosky, Shanosky, Rachel Nostrant, Matthew Lewis Organizations: U.S, New, RLI Insurance, Powerball, of Columbia, U.S ., Thomson Locations: Arkansas , Georgia, Texas, Connecticut , Florida , Kentucky, New York, Pennsylvania, California, of Columbia , Puerto Rico, U.S, U.S . Virgin Islands

☆ Social Media Makes Teens Unhappy. It’s Time to Stop the Algorithm. - The New York Times
▼ + stars: | 2023-07-18 | by ( Chris Murphy | ) www.nytimes.com time to read: +3 min

And all over social media are highly curated and filtered fake lives, breeding a sense of envy and inadequacy inside the developing brains of teenagers. Social media companies know that content that generates negative feelings holds our attention longer than that which makes us feel good. If you are a teenager feeling bad about yourself, your social media feed will typically keep delivering you videos and pictures that are likely to exacerbate negative feelings. It is not a coincidence that teenage rates of sadness and suicide increased just as algorithmically driven social media content took over children’s and adolescents’ lives. The psychological impact of the coming transition of thousands of everyday basic human tasks to machines will make the effect of social media look like child’s play.

Persons: ”, ’ Organizations: Social Locations: Connecticut

The crypto industry is in a tug-of-war with the SEC and its Democratic chair Gary Gensler, who has described the crypto market as a "Wild West" riddled with fraud. Saying most crypto tokens are securities, the SEC has cracked down on crypto trading platforms, including the top U.S. exchange Coinbase, in an effort to bring the industry under its oversight. Crypto firms have long disputed the SEC's jurisdiction but until Thursday no court had supported that view. The two sources, for example, said firms are considering ways to use the Judge's ruling for their defense. However, she also ruled Ripple's direct sales of XRP to investors should have been registered as securities, handing the SEC a partial victory.

Persons: Coinbase, Gary Gensler, Robert Frenchman, Mukasey Frenchman, Analisa Torres, XRP, Crypto, Teresa Goody Guillén, Spokespeople, Binance, Carol Goforth, Stuart Alderoty, Philip Moustakis, Jody Godoy, Chris Prentice, Hannah Lang, Tom Hals, Michelle Price, David Gregorio Our Organizations: U.S . Securities, Exchange Commission, SEC, Ripple Labs, Democratic, Mukasey Frenchman LLP, San Francisco, U.S, District, Baker, Hostetler, University of Arkansas, Reuters, Circuit, Seward, Washington , D.C, Thomson Locations: Mukasey, New York, Washington, New York , Connecticut, Vermont, Washington ,

☆ 5G chargers may be the key to electric-vehicle-powered road trips, says the CEO of an EV charger company
▼ + stars: | 2023-07-17 | by ( Sarah Sloat | ) www.businessinsider.com time to read: +6 min

Hooman Shahidi, the CEO of the EV-charger firm EVPassport, said 5G could help change this. A test with 5G chargers showed EVs charged faster and more efficiently than 4G-powered chargers. Hooman ShahidiA bad road trip inspired the company's founderUsing the EVPassport system, as Shahidi describes it, is simple. The company got a 5G boost in 2021Roughly a year after the company's founding, something new augmented the EVPassport system: 5G. The majority of EV chargers are currently operating on WiFi, ethernet, or 4G because 5G isn't yet available everywhere across the US.

Persons: Hooman Shahidi, Shahidi, Aaron Fisher, Fisher, Aaron, EVPassport, — it's Organizations: BMW, Google, Apple, BMW i3, 5G, Verizon, EV Locations: Santa Monica , California, Venice, Los Angeles, New York City, Hartford , Connecticut

☆ The making of a fake war hero: An American who reinvented himself as a social-media soldier in Ukraine is accused of 'stolen valor'
▼ + stars: | 2023-07-16 | by ( Alia Shoaib | ) www.businessinsider.com time to read: +21 min

Four foreign fighters and volunteers in Ukraine who knew Vasquez told Insider it was widely known he wasn't actually taking part in front-line fighting. A Pentagon representative, however, told Insider that Vasquez was never deployed to either of those places — or anywhere else. "I had to tell a million lies to get ahead," Vasquez told the Times. When Ashton-Cirillo took to Twitter to expose Vasquez, Huggett said she felt compelled to make a video to back her up. Huggett told Insider: "I'm tired, but I'm not sorry I exposed the lying scammer.

Persons: James Vasquez, Vasquez, Tucker Carlson, Adam Kinzinger, wasn't, he'd, Tina Vasquez, Libkos Vasquez, Sarah Ashton, Huggett, James, Tim, I'm, Viktor Yatsunyk, Vasquez —, Ashton, Cirillo, James messaged, I've, Diego Herrera Carcedo, Wagner, Vasquez's, Peg Leg, that's, selflessly, Ripley's, hadn't, John, Twitter John, Da Vinci, Volodymyr Zelenskyy, Da, Malcolm Nance, Nance Organizations: Service, Twitter, Operation, Storm, Pentagon, New York National Guard, Army Reserve, The New York Times, Army, Times, New York Post, AP, Territorial Defense Force, Armed Forces of, Anadolu Agency, Getty, Wagner Group, UN, United Nations, Ukraine's Territorial Defense Forces, Armed Forces, Legion, Ripley's, New York Times, Da Vinci Wolves, Wolverines, Wolves, National Police, Security Service, MSNBC, Ukraine's International Locations: Ukraine, Wall, Silicon, Russia, Connecticut, Soledar, Kuwait, Iraq, Ukrainian, Bakhmut, Donetsk region, American, Armed Forces of Ukraine, Maidan, Geneva, Ashton, US

☆ Northeast flooding: 5 people were killed by raging floodwaters in southeastern Pennsylvania and 2 children are still missing
▼ + stars: | 2023-07-16 | by ( Christina Maxouris Lauren Mascarenhas Melissa Alonso Caitlin Kaiser | Christina Maxouris | Lauren Mascarenhas | ) edition.cnn.com time to read: +6 min

The children and their family, who were visiting from Charleston, South Carolina, were driving to a barbecue when they got stuck in flash flooding, Upper Makefield Fire Chief Tim Brewer said Sunday afternoon. Southeastern Pennsylvania was hit hard by heavy rain Saturday, less than a week after parts of the state had again faced flash flooding that deluged roadways and displaced dozens from their homes. “New York State is once again seeing significant rainfall & we are prepared to help communities respond,” Gov. Flash flood warnings were again in effect earlier Sunday in parts of the state, prompting officials to warn of potential landslides. “There are flash flood warnings throughout the state today.

Persons: Tim Brewer, “, Brewer, ” Brewer, ”, Norfolk PIO Jon Barbagallo, Kathy Hochul, ” Hochul, ” Long, Hochul, Kyle Mazza, Ned Lamont, John F, downpours, Hurricane Irene, Joe Biden, Jennifer Morrison, Phil Scott, Michael E, Mann Organizations: CNN, Authorities, Local, Empire State, “, York State, Twitter, New, New York City Emergency Management Department, Anadolu Agency, Bristol Firefighters Association, Connecticut Gov, National Weather Service, Boston Logan International Airport, LaGuardia, Newark Liberty International Airport, John, Kennedy International Airport, Federal Aviation Administration, Sunday, FEMA, ”, University of Pennsylvania, Southwestern Locations: Pennsylvania, Charleston , South Carolina, Bucks County, Upper Makefield, Southeastern Pennsylvania, New England, Vermont , New York, Massachusetts, Norfolk , Connecticut, Norfolk, New York, Connecticut, Empire, York, Waterbury , Connecticut, New York City, Suffolk County, Dutchess, Sullivan, New Jersey, Bristol, Boston, LaGuardia Airport, Vermont

☆ A woman with a soft spot for 'old tatty buildings' turned an abandoned 1930s abbey into a multimillion-dollar property — check it out
▼ + stars: | 2023-07-15 | by ( Maria Noyen | ) www.businessinsider.com time to read: 1 min

Laurel Oztemel was ready for a change of scene when she happened across Hudson, New York, nearly a decade ago. Warren Street in Hudson, New York. Phil Haber Photography/Getty ImagesOriginally from the Midwest, Oztemel, 62, told Insider she'd moved to the East Coast after university. By 2014, she was living in Connecticut, raising two sons on the verge of graduating high school. Then, later that year, friends who had been living in Hudson invited her to spend the day at their place for the first time.

Persons: Laurel Oztemel, Warren, Phil Haber, she'd, Oztemel, Hudson Organizations: Vogue Locations: Hudson , New York, Oztemel, East Coast, Connecticut, Hudson, New York City, Brooklyn

☆ This map shows how much you need to make to be in the top 1% in every state
▼ + stars: | 2023-07-14 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +3 min

You need to make over $650,000 to be considered in the top 1%, according to new data. Most states had a higher income floor this year than last year, though New York stayed stagnant. New data released Thursday from financial information company SmartAsset broke down how much money people need to make to be among the top 1% of highest earners in each state. This map shows how much you need to make in each state to break into this elite demographic. A news release from the Bureau of Labor Statistics on Wednesday further revealed real average hourly earnings rose by 0.2% month over month in June.

Persons: SmartAsset, Jaclyn DeJohn, SmartAsset's, Charles Schwab Organizations: Service, IRS, of Labor Statistics, Congressional, Office, Bloomberg, Bureau of Labor Statistics, Logica Research Locations: Connecticut , Massachusetts, California, New York, Wall, Silicon, Connecticut, West Virginia, Massachusetts, Northeast

You need to earn $952,902 to be in the top 1% of earners in Connecticut, per a new SmartAsset study. But in West Virginia, which has much higher levels of poverty, this is just $374,712. In West Virginia, by comparison, you need just $374,712. West Virginia, which has one of the lowest median state incomes, comes bottom in the ranking. Mississippi, New Mexico, Kentucky, and Arkansas join West Virginia to make up the five states with the lowest income needed to make the top 1%.

Organizations: Washington, Bureau of Labor Statistics, Department of Health and Social Services . Locations: Connecticut, West Virginia, Connecticut , Massachusetts, California , New Jersey, Department of Health and Social Services . Connecticut, Massachusetts , California , New Jersey, Washington, Mississippi, New Mexico , Kentucky, Arkansas

☆ Alaska and West Virginia have the worst economies of all US states and are more at risk of recession, study finds
▼ + stars: | 2023-07-14 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +3 min

Michelle Mishina for InsiderHawaii received 145 out of 360 points in CNBC's 2023 economy score. Getty ImagesConnecticut and Iowa both received 141 out of 360 points in CNBC's 2023 economy score. North DakotaDenis Tangney Jr./GettyNorth Dakota received 108 out of 360 points in CNBC's 2023 economy score. Tim Graham/Getty ImagesRhode Island and West Virginia both received 99 out of 360 points in CNBC's 2023 economy score. sarkophoto/iStock/Getty Images PlusAlaska was found to have the worst economy in the US, with a score of 57 out of 360 points.

Persons: Michelle Mishina, Jonathan D, Dakota Denis Tangney Jr, Richard T, Tim Graham Organizations: CNBC, Service, Hawaii, Iowa State Capitol, Getty Images, . New, Getty, Dakota, Getty Images Mississippi, Alaska Train Locations: Florida, Texas, Alaska, West Virginia, Wall, Silicon, States, Florida , Texas, North Carolina, Hawaii Kauai, CNBC's, Connecticut, Iowa, Getty Images Connecticut, ., . New Hampshire, Littleton , New Hampshire, Hampshire, Louisiana New Orleans, Goforth Louisiana, Dakota, . Mississippi Gulfport , Mississippi, Rhode Island, West Virginia New England, Rhode, Fairbanks , Alaska

☆ Rory McIlroy says he’d rather retire ‘if LIV Golf was the last place on Earth to play golf’
▼ + stars: | 2023-07-13 | by ( Ben Morse | ) edition.cnn.com time to read: +4 min

CNN —Rory McIlroy said on Thursday that he would rather retire than compete on the Saudi-backed LIV Golf tour even if it “was the last place on Earth to play golf.”Four-time major winner McIlroy has been a vocal opponent of the breakaway golf tour ever since it came into existence a few years ago, threatening the very foundations of the sport. “If LIV Golf was the last place to play golf on Earth, I would retire. “I’d play the majors, but I’d be pretty comfortable.”CNN has reached out to LIV Golf and the PGA Tour to offer them the right of reply. Earlier this week, witnesses – including PGA Tour Chief Operating Officer Ron Price and Jimmy Dunne, a company board member who helped broker the deal – faced scrutiny from committee members over the deal. “As long as I get to play golf, I’m happy.

Persons: Rory McIlroy, LIV, “, McIlroy, LIV Golf, ”, Tiger Woods, –, Ron Price, Jimmy Dunne, Richard Blumenthal, Price, Dunne, Sen, ” Dunne, ” McIlroy, Gregory Shamus, Randall Stephenson, ” Stephenson, Jamal Khashoggi, Mohammed bin Salman, Khashoggi, Salman, ’ ’ McIlroy, I’ve, there’s Organizations: CNN, LIV, PGA, Scottish, Saudi Public Investment Fund, LIV Golf, US, Homeland Security, Governmental Affairs, Connecticut Democrat, RBC Canadian Locations: Saudi, American, Connecticut, Saudi Arabia

☆ Compounding Disasters
▼ + stars: | 2023-07-13 | by ( German Lopez | More About German Lopez | ) www.nytimes.com time to read: +2 min

Wildfire smoke recently blanketed the Midwest and Northeast — at times giving U.S. cities the worst air quality in the world. These events show one danger of global warming: Simultaneous climate disasters can play off one another, further worsening extreme weather and straining limited resources. Consider some examples:For years, the U.S. and Australia shared firefighting resources because their fire seasons do not typically overlap. In both cases, the two conditions, exacerbated by climate change, compounded each other to cause more disasters. States often support each other during natural disasters by sending equipment or opening residents’ homes to people who have been displaced.

Persons: York can’t Locations: Arizona , Texas, Florida, New York, Vermont, Midwest, Northeast, U.S, Australia, California, Western U.S, Pakistan, York, North Carolina , Michigan, Connecticut

☆ How 'Birkin Bandit' George Mickum Infiltrated NYC Society
▼ + stars: | 2023-07-12 | by ( Kate Taylor | Anna Silman | ) www.businessinsider.com time to read: +52 min

"He would know people's weaknesses and what they wanted and somehow always have something to offer," a former close friend said. Another close friend said Mickum once gave her a $1,000 loan "within minutes" when she needed it because of a credit-card crisis. He never "let the truth get in the way of a good story," a former close friend said. Hermès bags, like the Birkin and the Kelly, have always been symbols of unattainable luxury. There wasn't even a dust bag; Mickum claimed his mom's assistant would drop it off later.

Persons: George Mickum strode, Carlyle, Patty Hearst, He'd, Mickum, Birkin, swilling, Patty's, Gillian Hearst, Mr, George Mickum, Gillian Hearst's, George, Sally Painter, who'd, Peter Davis, Jackie O, Barbara Walters, Alessia Fendi, influencer Hannah Stella, Nick Hissom, Steve Wynn, Hearst, they'd, Prince Charles, Anna Delvey, Patty Hearst's, Rumor, he'd, wasn't, Met Breuer, Peter Poopat, George Santos, Trinity, Elisabeth Thieriot, Thieriot, Hermes, —, Painter, Paul Mickum, George Mickum III, Sally, Painter's, Poopat, PJ Pascual, Patrick McMullan, Ramona Singer, Lauren Lawrence, Lawrence, Van Cleef, Nicole Salmasi, Trudy, Mike Vitelli, Eric Schmidt, Schmidt, Eric, R, Couri Hay, They're, Astor, William Randolph Hearst, Orson Welles, Kane, Gillian's, Bill Clinton, Patty, Bernard Shaw, Gillian, Lydia —, Shaw, Maxim, Lydia, Kane we're, Christian Simonds, Pierre, Krista Corl, Dee Dee, Scott Buccheit, Naeem Delbridge, Pascual, who's, We're, buttering, Simonds, Matthew Kehoe, England, — Hearst, Delbridge, Hearst's, Mario Glen Coco, Hearsts, Astrid Stawiarz, Tiger Woods, Ernie Els, Justin Timberlake, Joe Lewis, Buccheit, Mary McCarthy, Lillian Hellman, Mickum's, Christie Grimm, Steve, Kameron Ramirez, Hissom, Ramirez, Nick, Hunt, Damien Hirst, Douglas Elliman, Harry Winston, David Fiszel, invitees, Fiszel, Darian, Winston, Martha Stewart's, Mendel minks, Vacheron Constantin, Tao, Melinda French Gates, Shawn Mendes, Bill, Hillary Clinton, Neiman Marcus, Damien Hirst's, Damien, weren't, Kelly, Alexis Clarbour, Clarbour, Paul Wharton, you've, Wharton, Sean Zanni, Michael Coste, Hannah Stella, Coste's, Stella, Scott Fitzgerald, Coste, Goodman, Courroies Birkin, didn't, Aman, Cartier, Mickum's bluster, skeptically, satchel, Clarbour's, He's, We've, Sider, Philippe, Buccheit texted Pascual, he's, Hay, Café Carlyle, Alexander Hankin, Burisma, Hunter Biden, Mickum hasn't, There's, They've, Amy X, Wang, King Charles, Tracey Amon, Amon, GEORGE MICKUM Organizations: Hearst, Blue, Potomac, Hamptons, East, Met, University of Delaware, Southampton Bathing Corporation, Fields School, Georgetown Law, DC, Town &, New York Daily News, The New York Times, Google, Carnegie, Rockefeller, Cosmopolitan, Symbionese Liberation Army, Hearst Corporation, Vogue, Society of Memorial Sloan Kettering, Stockbridge Golf, New, Tiger, Tottenham, Douglas, Martha Stewart's Hamptons, Mickum, Projects, Madison, Getty, Antibes, Nike, Rue du Faubourg Saint, Couture, US, UN, New Yorkers, Avenue Couture, Hermès, Republican, Justice Department, Blue Star, Town, New York Times Magazine Locations: Bemelmans, Clinton, York, Palm, New, London, Manhattan, Dalton, Bay, Windsor Castle, Haute, Washington , DC, New York, Baccarat, The, San Francisco, Wilton , Connecticut, Side, Wyntoon, California, Buccheit, woodsy Stockbridge , Massachusetts, Stockbridge, Bahamas, Albany, Nobu, Martha, Peking, Paris, Istanbul, St, Georgetown, China, Italy, Hermès, Amalfi Coast, du, Midtown, brunch, Rue, Central Park, Mickum, Turkey, La, Café, Ukrainian, Ukraine

☆ Why a Tiny Trough Garden Always Attracts an Audience
▼ + stars: | 2023-07-12 | by ( Margaret Roach | ) www.nytimes.com time to read: +1 min

These diminutive stars can be seen spilling out of pockets in a 35-foot-long rock retaining wall, in the gravel bed above it and, of course, in troughs and more troughs. Selling tiny plants may not be the mainstay of the business, “but it’s one cachet cow,” Ms. Chips joked. The nursery, in a bucolic setting that feels like an old garden, attracts a clientele that includes beginning gardeners and connoisseurs who come for the carefully curated selection and the depth of staff expertise. Ms. Spingarn built and planted the rock wall in the 1970s. The two were longtime employees of the previous owner, Mr. Duguid said, and aim to continue the nursery’s traditions.

Persons: Oliver, Chips, It’s, Oliver DNA, John Oliver, Eleanor Spingarn, Spingarn, Jed Duguid, Will Hibbs, Duguid Organizations: Oliver Nurseries, Rock Garden Society Locations: Connecticut

☆ Fine wine is souring as investment prices sink
▼ + stars: | 2023-07-12 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +7 min

New York CNN —Fine wine prices have been rising consistently for years, attracting investors looking to hedge against inflation, economic turmoil and stocks. The company currently manages $375 million worth of fine wine assets (that’s a 45% increase year on year). Fine wine has had a compound annual growth rate of 10% over the last 30 years, according to the Liv-Ex investables index, which tracks the going rates for fine wines. Leading the way in losses is Bordeaux, which experienced the largest drop of all fine wine categories in June. That’s a bit worrisome, said Tiwari, as Bordeaux is the most established region in the fine wine investment market and typically maintains its price stability.

Persons: Jay, David Beckham, Stephen Curry, Liv, ”, Atul Tiwari, That’s, Tiwari, SVB, Rob McMillan, “, we’re, LIV Golf, Chris Isidore, Richard Blumenthal, Ron Price, Jimmy Dunne, Sen, ” Dunne, LIV, Clare Duffy, Clare Organizations: CNN Business, Bell, New York CNN, Cult Wines, SEC, First Citizens Bank, “, PGA Tour, Saudi, PGA, Connecticut Democrat, University of Pennsylvania Locations: New York, Bordeaux, London, Silicon, Napa, California, “ California, Saudi, American, Connecticut, Clare

☆ PGA officials say they had no choice but to reach deal with the Saudis
▼ + stars: | 2023-07-11 | by ( Chris Isidore | ) edition.cnn.com time to read: +4 min

New York CNN —Two top officials of the PGA Tour said the sport’s governing body had no choice but to reach a truce in its yearlong battle with LIV Golf and try to reach a merger with the Saudi-funded tour. But Ron Price, the chief operating officer of the PGA Tour, and Jimmy Dunne, a board member of the tour’s governing body, both said that the framework of the planned merger was the best chance to allow the PGA Tour to keep some measure of control over the sport. He pointed out that the Saudi Public Investment Fund, which is funding LIV Golf, has 500 times the financial resources as the PGA Tour. “It would be grossly unfair to expect the PGA Tour to bear the full burden of holding Saudi Arabia accountable. The committee released a 276 page report with details of the legal battle and the negotiations between LIV and the PGA Tour.

Persons: LIV Golf, “, ”, Richard Blumenthal, Ron Price, Jimmy Dunne, Sen, ” Dunne, LIV, Price, Ron Johnson of, it’s, ” Johnson, Blumenthal, Roger Devlin, Dunne, ” Blumenthal, “ It’s, … Organizations: New, New York CNN, PGA Tour, Saudi, PGA, Connecticut Democrat, Republican, Saudi Public Investment Fund, Saudi Public Investment, ” Locations: New York, Saudi, American, Connecticut, Ron Johnson of Wisconsin, Saudi Arabia, British, “

MONTPELIER, Vermont, July 11 (Reuters) - A Vermont reservoir threatened to overwhelm a dam protecting the state's capital on Tuesday and exacerbate "catastrophic" flooding that has already shut roadways leading out of town and trapped people in their homes. The North Branch converges with a second, larger branch of the Winooski near the Vermont statehouse. "Make no mistake, the devastation and flooding we're experiencing across Vermont is historic and catastrophic," Vermont Governor Phil Scott said at a briefing Tuesday. [1/8]People paddle a kayak down a street flooded by recent rain storms in Montpelier, Vermont, U.S., July 11, 2023. The city's topography - bordered by hills with the downtown in a valley - increases the potential for flooding, Montpelier City Council member Conor Casey said.

Persons: Phil Scott, William Fraser, Brian Snyder, Jack McCullough, McCullough, Mike Cannon, Irene, Conor Casey, Casey, Janet Boyd, Boyd, Brendan O'Brien, Rich McKay, Rachel Nostrant, Daniel Trotta, Devika Syamnath, Bill Berkrot, Sandra Maler Organizations: Branch, National Weather Service, Vermont statehouse, REUTERS, CNN, Thomson Locations: MONTPELIER , Vermont, Vermont, Montpelier, United States, Florida , Texas, California, U.S, New York , Massachusetts, Connecticut, Montpelier City, Montpelier , Vermont, New England, Wilmington , Vermont, Chicago, Atlanta

☆ PGA official pledges golfers will be able to criticize Saudi Arabia if the tour merges with the Saudi-backed LIV Golf
▼ + stars: | 2023-07-11 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +5 min

A top PGA official said golfers would still be able to criticize Saudi Arabia if the tour merges with LIV Golf. Blumenthal also accused the PGA of selling out to the controversial Saudi league. Blumenthal pointed to the fact that initial agreement between the PGA and LIV Golf has a broad non-disparagement clause. Blumenthal cited this record in calling out the PGA for selling out for the LIV merger. He and PGA Tour member Jimmy Dunne, who helped broker an initial agreement with LIV Golf, also repeatedly stressed that the PGA felt it had little choice but to try to find as peace with LIV.

Persons: LIV Golf, Democratic Sen, Richard Blumenthal, Blumenthal, Ron Price, Price, Sen, LIV, Prince Mohammed bin Salman, Jamal Khashoggi, Khashoggi, Jimmy Dunne, Ron Johnson, Johnson Organizations: Democratic, Saudi, Service, PGA, Connecticut Democrat, Public Investment Fund, FIFA, Amnesty, MBS, Washington, Wilson, Republican Locations: Saudi Arabia, Wall, Silicon, of Saudi Arabia, Saudi, Qatar

☆ 11 U.S. cities where rent has fallen the most—a pandemic migration hot spot is No. 1
▼ + stars: | 2023-07-11 | by ( Mike Winters | ) www.cnbc.com time to read: +2 min

Median rent prices in these cities dropped by 0.5% in the last year, according to an analysis by Realtor.com. For renters, the decrease is a much-needed break after rent prices soared by nearly 25% from 2020 through most of 2021. This, alongside a growing number of newly constructed apartments, has likely driven down rent prices, the study says. At the same time, rent costs have steadily risen in many major Midwest and Northeast cities. In Columbus, Ohio, rent prices grew by 9.3% — the highest increase of all cities.

Persons: Warren Buffett Organizations: Riverside, San Bernardino -, Austin, Dallas, Fort Locations: Austin, Las Vegas, Phoenix, Vegas, San Bernardino, San Bernardino - Ontario, California, Georgetown , Texas, Francisco Bay, Tampa, St, Petersburg, Clearwater , Florida, Fort Worth - Arlington , Texas, Charlotte, North Carolina, Sacramento , California, Atlanta, Denver, Midwest, Northeast, Columbus , Ohio, New York City, Pittsburgh, Boston, Buffalo , New York, Hartford , Connecticut, New Orleans, Providence , Rhode Island, Rochester , New York

☆ Flooding threatens Vermont's capital as crews rescue more than 100
▼ + stars: | 2023-07-11 | by ( ) www.cnbc.com time to read: +8 min

Emergency services work following flooding, in Montpelier, Vermont, July 11, 2023 in this still image taken from video obtained from social media. A person rows a paddle board in a flooded area in Montpelier, Vermont, July 11, 2023. A vehicle makes its way through a flooded street, in Montpelier, Vermont, July 11, 2023, in this picture obtained from social media. There have been no reports of injuries or deaths related to the flooding in Vermont, where swift-water rescue teams aided by National Guard helicopter crews have done more than 100 rescues, Vermont Emergency Management said Tuesday. Emergency services work following flooding, in Montpelier, Vermont, July 11, 2023 in this still image taken from video obtained from social media.

Persons: Neal P, Goswami, Brian Snyder, Irene, Phil Scott, Scott, Mike Cannon, Bill Fraser, Eric Nordenson, John Montes, Reuters Syd Straw, Joe Biden, Dennis Pinkham, Karine Jean, Pierre, Maggie Lenz, Pamela Nugent, Kathy Hochul Organizations: Reuters, City, National Guard helicopter, Vermont Emergency Management, New Hampshire, Vermont Urban, Montpelier Police, City Hall, Police, National Weather Service, NATO, Federal Emergency Management Agency, Reuters FEMA, White, The U.S . Military Academy, West, New York Gov Locations: Montpelier , Vermont, Vermont, Montpelier, New York, New, Massachusetts, Canada, U.S, Barre, John Montes ,, Northern New England, New England, Connecticut, New Hampshire, Weston, Hartford, Lithuania, Massachusetts , Connecticut, Montpelier and Middlesex, North Carolina , Michigan, Hudson Valley, Fort Montgomery, The, Highland Falls, Hudson

Search resuls for: "connecticut"

25 mentions found