DIRS.INFO The most relevant business & tech news

[1/2] Former U.S. Vice President Joe Biden addresses the International Association of Fire Fighters in Washington, U.S., March 12, 2019. REUTERS/Kevin LamarqueWASHINGTON, Feb 27 (Reuters) - U.S. first lady Jill Biden wants Americans to know that her husband, President Joe Biden, does plan to run for a second four-year term, and she's all for it - even as a formal declaration of his intentions has yet to be made. Cedric Richmond, a former Biden White House adviser, said Biden would announce "whenever he's ready" when asked if an announcement was coming in March or April. Some 71% of respondents, including 52% of Democrats, said they did not believe that Biden should run for re-election in 2024. Democratic strategist Bud Jackson said the issue of whether Biden should run again is a topic of great debate in Democratic circles.

☆ A suspected Chinese spy balloon was seen operating near a US nuclear base housing 150 Minuteman ICBMs
▼ + stars: | 2023-02-03 | by ( Sophia Ankel | ) www.businessinsider.com time to read: +3 min

The US is tracking a suspected Chinese spy balloon, which has been hovering over Montana. Montana Senator Steve Daines said he feared it was targeting the state's nuclear missile base. Montana is home to the sprawling Malmstrom Air Force Base, which stores nuclear weapons. Malmstrom Air Force Base is one of three such bases in the US to contain Minuteman III intercontinental ballistic missiles, a strategic nuclear weapon. Malmstrom maintains 150 intercontinental ballistic missile silos across its 13,800-square-mile complex, according to The Telegraph.

☆ Global markets are, from a technical perspective, approaching an inflection point, analyst says
▼ + stars: | 2023-01-30 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGlobal markets are, from a technical perspective, approaching an inflection point, analyst saysCedric Chehab, global head of country risk at Fitch Solutions, says they're "diverging from the macro picture."

☆ Capri names insider Cedric Wilmotte as CEO of Michael Kors
▼ + stars: | 2023-01-23 | by ( ) www.reuters.com time to read: +1 min

Jan 23 (Reuters) - U.S. luxury group Capri Holdings Ltd (CPRI.N) on Monday named company veteran Cedric Wilmotte as the chief executive officer of its Michael Kors brand. Wilmotte, 48, who will take charge from April 3, recently served as the interim CEO of the group's Versace brand and is currently the label's chief operating officer. He previously led Michael Kors' EMEA (Europe, Middle East, Africa) business from 2008 to 2021. In March, Capri said the head of its Michael Kors brand, Joshua Schulman, who was set to become the group's top boss later in the year, would exit. Schulman was named Michael Kors' chief executive in August 2021.

Companies Deutsche Bank AG FollowJan 23 (Reuters) - The U.S. Supreme Court on Monday turned away appeals by two former Deutsche Bank AG (DBKGn.DE) commodities traders convicted of manipulating precious metals prices by placing "spoof" orders. The pair were convicted in 2020 for carrying out what prosecutors said was a yearslong spoofing scheme between 2008 and 2013. Their trades created a false sense of supply and demand, and induced other traders to make trades they would otherwise not have made, prosecutors said. On appeal, Vorley and Chanu argued they had not made the kind of explicit false statements targeted by wire-fraud law. Circuit Court of Appeals in Chicago upheld the convictions last July, saying that "spoofing of this kind falls under the wire fraud prohibition."

You can buy your pet insurance through a company you know, like Nationwide pet insurance, or seek a specialty pet insurance provider like the ASPCA. Read our review Read Our Review A looong arrow, pointing rightCompare the best pet insurance in CaliforniaBest overall: PumpkinPumpkin pet insurance gets about as close to a one-size-fits-all solution as you can with insurance. Best cheap pet insurance: LemonadeThe Lemonade pet insurance system is built for digital automation. Best for senior pets: SpotSpot pet insurance offers both wellness plans and accident and illness pet insurance plans. Run pet insurance quotes for comparison: Insider looks at average pricing for pet insurance products being reviewed.

☆ This startup enables companies to host video content on their own platforms. Check out the 15-slide pitch deck api.video used to raise $12 million.
▼ + stars: | 2022-12-13 | by ( Riddhi Kanetkar | ) www.businessinsider.com time to read: +3 min

Bordeaux-based api.video enables developers to incorporate videos on companies' own platforms. A French startup that provides developers with the tools to embed video content on companies' native apps and websites has raised $12 million. Api.video has created a cloud-based platform that allows developers to integrate video content on companies' platforms. The startup makes its money "based on customers' usage of the platform," Montet told Insider. Tony Nysten, principal at OpenOcean, said that the rise of video as a preferred method for consumers to gain information has meant that "video infrastructure has become a critical part of modern data infrastructure."

☆ Balenciaga designer, CEO apologize for ad campaign featuring children
▼ + stars: | 2022-12-02 | by ( ) www.reuters.com time to read: +2 min

The storm over the campaign led reality television star Kim Kardashian to review her ties with the label. Separately, the Kering (PRTP.PA)-owned label issued a statement signed by CEO Cedric Charbit outlining new internal processes, including naming an "image board" to evaluate content. A second, separate campaign for the label's spring 2023 collection, set in an office, included papers featuring text from a 2008 Supreme Court ruling relating to child pornography. In a statement earlier this week, Balenciaga apologized and said that investigations into the ad campaigns were ongoing. It said the papers featuring the legal text on child pornography were props from a third party and that it had filed a complaint against the inclusion of the "unapproved documents."

☆ J.P. Morgan private bank invests in two Swiss fintechs
▼ + stars: | 2022-12-01 | by ( ) www.reuters.com time to read: +1 min

ZURICH, Dec 1 (Reuters) - J.P. Morgan Private Bank has invested in two Swiss fintech companies that specialise in software that helps advisers customise portfolios for wealthy clients in Europe, the Middle East, Latin America and Asia, it said on Thursday. It gave no financial details of what it called a "strategic" investment in Edge Laboratories SA and Evooq SA (Evooq), which were already partners. Their software focuses on analysing risk, building and optimising portfolios, and offering advisory platforms. Edgelab and Evooq, which together employ 285 staff, work for large banks, wealth managers and pension funds. J.P. Morgan Private Bank, which manages around $1.8 trillion, has since 2021 bought fintech companies OpenInvest and Global Shares and invested in data groups Kraft Analytics Group and MioTech.

☆ Sembcorp isn't achieving a 'real' reduction in carbon emissions, says analyst
▼ + stars: | 2022-11-16 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSembcorp isn't achieving a 'real' reduction in carbon emissions, says analystCedric Rimaud of the Anthropocene Fixed Income Institute says Sembcorp has gone from "operational emissions to finance emissions."

Kherson, Ukraine CNN —For eight months, residents of the Ukrainian city of Kherson have been living under brutal Russian occupation. But on Friday, Ukrainian forces swept into the city and Russian troops retreated to the east. Another local resident named Andrew said he was so glad to see Ukrainian soldiers. The woman said it felt “amazing” to see Ukrainian troops in Kherson. He warned that many Russian troops “threw away their military uniforms, and are now hiding with civilian clothes on.”

Former President Donald Trump was demonstrably weakened — and President Joe Biden strengthened — by Tuesday's midterm election results, just as the two begin to circle each other for a possible 2024 rematch. Democrats were in position to lose fewer seats in Congress in this year's midterms than Republicans did when Trump was president in 2018. "It’s not even a good night,” one former Trump campaign official said of the GOP's performance, who spoke on the condition of anonymity to avoid angering fellow Republicans. Because it can’t be both," the former Trump campaign official said. "If Democrats want to lose the general election in 2024, they should start screwing with Joe Biden."

☆ Midterm elections live updates: Pennsylvania races, New Hampshire Senate race too early to call
▼ + stars: | 2022-11-09 | by ( Brandy Zadrozny | Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Sahil-Kapur-Headshot.Jpg | ) www.nbcnews.com time to read: +109 min

Share this -Link copiedWisconsin Senate and governor's races too early to call It is too early to call the Senate and gubernatorial races in Wisconsin, according to NBC News. Share this -Link copiedNew Hampshire Senate race too early to call The Senate race in New Hampshire is too early to call, according to NBC News. Share this -Link copiedPennsylvania Senate and governor races are too early to call After polls closed at 8 p.m. While Maricopa County election officials initially categorized the problem as a “hiccup,” it took hours before a solution was identified early Tuesday afternoon. In Columbus County, election officials allegedly were harassed by an “observer following one-stop workers” and photographing or filming the workers, it said.

While Maricopa County election officials initially categorized the problem as a “hiccup,” it took hours before a solution was identified early Tuesday afternoon. According to the poll, 46% of voters said their family’s financial situation is worse than it was two years ago. Civil rights groups, including the American Civil Liberties Union and the NAACP, filed a similar complaint Friday against state election officials. The app and portal had been down for part of the morning and the state's election hotline also briefly experienced issues. In Columbus County, election officials allegedly were harassed by an “observer following one-stop workers” and photographing or filming the workers, it said.

By the end of Election Day, approximately 21,000 total interviews will be conducted. Civil rights groups, including the American Civil Liberties Union and the NAACP, filed a similar complaint Friday against state election officials. The app and portal had been down for part of the morning and the state's election hotline also briefly experienced issues. In Columbus County, election officials allegedly were harassed by an “observer following one-stop workers” and photographing or filming the workers, it said. Share this -Link copiedSunny weather in most battleground states on Election Day It’s a bright and sunny Election Day in many battleground states!

☆ Puma CEO Gulden set to become new Adidas CEO - source
▼ + stars: | 2022-11-04 | by ( ) www.reuters.com time to read: +1 min

SummarySummary Companies Gulden to leave Puma at end of 2022Adidas confirms talks with Puma CEOShares up 20% after reportBERLIN, Nov 4 (Reuters) - Puma (PUMG.DE) Chief Executive Bjorn Gulden is leaving the German sportswear maker at the end of the year to take the helm at rival Adidas (ADSGn.DE), according to an industry source. Adidas confirmed that it is in talks with Gulden about possibly replacing Chief Executive Kasper Rorsted. Shares in Adidas were up nearly 20% after the report. "Bjorn Gulden had a very high reputation as Puma CEO, had been instrumental to the turnaround of the company and Puma's strong brand heat," Stifel analyst Cedric Lecasble said, adding that he could help strengthen the momentum of the Adidas brand. Reporting by Alexander Huebner, Writing by Miranda Murray; editing by Matthias Williams and Louise HeavensOur Standards: The Thomson Reuters Trust Principles.

☆ Balenciaga cuts partnership with Kanye West
▼ + stars: | 2022-10-21 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +1 min

New York CNN Business —Fashion powerhouse Balenciaga has officially severed ties with Kanye West following a series of antisemitic posts and other controversial comments from the rapper, according to a report from Women’s Wear Daily citing a statement from Balenciaga’s parent company. “Balenciaga has no longer any relationship nor any plans for future projects related to this artist,” Kering, Balenciaga’s parent company, said in a statement to WWD. West, who legally changed his name to Ye, collaborated with Balenciaga for a wildly popular Yeezy Gap line earlier this year. In a now-deleted tweet, West said he was “going death con 3 [sic] On JEWISH PEOPLE,” according to Internet Archive’s Wayback Machine records pulled by CNN. Recently, Ye announced plans to acquire Parler, a far-right social platform, to prevent having “to fear being removed from social media again.”

☆ Gen X is late to the leadership table in US politics, prompting the question: Will it ever produce a president?
▼ + stars: | 2022-09-28 | by ( Darren Samuelsohn | ) www.businessinsider.com time to read: +21 min

By historical standards, Gen X should be in charge of the US by now. Think of them as the godparents of the "Xennials" — those born in the late 1970s or early 1980s who aren't fully Gen X or millennial. No matter whether you deny the 61-year-old Obama is a boomer, Gen X is starting to get up there in age. Michael Ciaglo-Pool/Getty ImagesWhat's the US missing without a Gen X president? "It's like seeing a ghost that doesn't appear," she said of any expectation the presidency would just suddenly open up for Gen X.

☆ MLB roundup: Jays keep Aaron Judge in park, top Yanks in 10
▼ + stars: | 2022-09-27 | by ( ) www.reuters.com time to read: +3 min

The hit off Clarke Schmidt (5-5) scored automatic runner Cavan Biggio from second base after right fielder Aaron Judge had prolonged the inning with a catch at the right field wall. Judge went 1-for-3 with two walks as he stayed at 60 homers, one shy of the American League record set by New York's Roger Maris in 1961. Register now for FREE unlimited access to Reuters.com RegisterThe Blue Jays opted to intentionally walk Judge with two outs and runners on first and second in the top of the 10th. Braves 8, Nationals 0Rookie Bryce Elder pitched a six-hitter and visiting Atlanta smacked three home runs to defeat host Washington. Martinez and Rob Refsnyder homered for the Red Sox, and Enrique Hernandez had two run-producing singles for three RBIs.

☆ MLB roundup: Brewers' Kolten Wong swats 3 HRs vs. Reds
▼ + stars: | 2022-09-23 | by ( ) www.reuters.com time to read: +8 min

Sep 22, 2022; Cincinnati, Ohio, USA; Milwaukee Brewers second baseman Kolten Wong (16) hits a two-run home run in the second inning against the Cincinnati Reds at Great American Ball Park. Aaron Judge remained stuck at 60 homers, walking three times and reaching base for the 21st straight game. The Braves, who lost their second straight game, fell 1 1/2 games back of the idle New York Mets in the National League East. Cubs 3, Pirates 2Michael Hermosillo's RBI single in the seventh inning provided the deciding run and rookie Hayden Wesneski pitched an immaculate inning visiting Chicago downed Pittsburgh. Bobby Witt Jr. recorded his third straight multi-hit performance and Salvador Perez drove in a run for the seventh straight game for the Royals.

☆ MLB roundup: Aaron Judge belts 2 more HRs in Yankees' win
▼ + stars: | 2022-09-19 | by ( ) www.reuters.com time to read: +10 min

Gerrit Cole (12-7) earned the win with four hits, four runs, three walks and eight strikeouts in five innings. Eloy Jimenez had three hits, including a two-run home run, and drove in three runs. Willi Castro hit a two-run homer and Javier Baez had a solo shot for the Tigers. Rays 5, Rangers 3Christian Bethancourt and Jose Siri hit back-to-back homers in host Tampa Bay's win over Texas. The duo went deep in the second inning for a 2-1 lead that the Rays never relinquished.

☆ Biden aides are quietly assembling a 2024 campaign as they await a final decision on his political future
▼ + stars: | 2022-09-16 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Carol-Lee-Circle-Byline-Template.Jpg | Carol E. Lee | ) www.nbcnews.com time to read: +10 min

But, they said, if Republicans win one or both chambers, that would likely trigger a quicker pivot to a Biden re-election campaign. Relying on the party apparatus would allow the Biden campaign to forgo trying to build up its own separate campaign infrastructure in each state. But while a DNC-centric campaign might seem to be a natural fit for Biden, relying on the committee poses risks. “The Biden approach is the more traditional approach.”Far more than Obama, Biden is a creature of the Democratic Party. Biden aides say no final decisions on campaign staffing have been made, and they’re not expected to be until after the midterms.

☆ Why Joe Biden thinks he's never too old to be your president
▼ + stars: | 2022-09-13 | by ( Nicole Gaudiano | ) www.businessinsider.com time to read: +28 min

As the oldest sitting president, he's raising concerns about how long he can continue governing. Republicans — including Trump — have gleefully seized on Biden's verbal misadventures, such as when he called his vice president "President Harris." President Joe Biden drives the Ford's new all-electric F-150 Lightning in Dearborn, Michigan. Ruggerio described the idea that Joe Biden is diminished or can't remember things as "bull crap." Cox said that while he thinks Biden is "still Joe" and still capable, he worries that Biden's age is a problem.

☆ Meta launches Avatars store where users can buy designer brands like Balenciaga, Prada, and Thom Browne for their virtual selves
▼ + stars: | 2022-06-21 | by ( Isabella Zavarise | ) www.businessinsider.com time to read: +2 min

The Meta Avatars Store will launch in the next few weeks in the US, Canada, Thailand, and Mexico. "Part of how people express themselves is through what they wear," said Meta CEO Mark Zuckerberg. Balenciaga CEO Cédric Charbit said the collabs could create new territories for the luxury market. Meta CEO Mark Zuckerberg announced on Friday that customers will be able to buy outfits from high-end fashion brands such as Balenciaga, Prada, and Thom Browne. The Meta Avatars Store will launch in the next few weeks in the US, Canada, Thailand, and Mexico on Instagram, Facebook, and Messenger.

Search resuls for: "Cedric"

25 mentions found