DIRS.INFO The most relevant business & tech news

☆ A Southwest Airlines passenger caused panic after jumping out of an emergency exit and attempting to steal a truck
▼ + stars: | 2023-11-27 | by ( Pete Syme | Grace Eliza Goodwin | ) www.businessinsider.com time to read: +3 min

A passenger opened an emergency exit and jumped out of a stationary plane in New Orleans, local authorities confirmed. The man involved was not arrested, and was taken straight to the hospital, authorities told Business Insider. AdvertisementA Southwest Airlines flight descended into panic after a passenger jumped out of an emergency exit while it was preparing to depart from New Orleans on Sunday night. Witnesses said that the man had opened an overwing emergency exit, before jumping down from the narrowbody jet and running across the tarmac, according to local outlet WWL-TV. Sunday's incident is not the first time a passenger has jumped from a plane's emergency exit this year.

Persons: —, Louis Armstrong, efferson Organizations: Business, Service, Airlines, Sheriff's Office, skyway, Southwest Airlines, Boeing, Louis Armstrong New, International Airport Locations: New Orleans, Jefferson

☆ Drake Returns to No. 1 as Dolly Parton Opens Big With ‘Rockstar’
▼ + stars: | 2023-11-27 | by ( Ben Sisario | More About Ben Sisario | ) www.nytimes.com time to read: +1 min

1 on Billboard’s album chart this week thanks to an expanded edition, while Dolly Parton notches her highest chart position ever. Six weeks ago, “For All the Dogs” opened at the top with big streaming numbers, and it has held in the Top 5 since. Last week, Drake released a new version of it — the “Scary Hours Edition” — with six new songs, which has sent the album back to No. Incredibly, “Rockstar” becomes Parton’s highest-charting album, and only the third in her storied career to reach the Top 10 of the all-genre Billboard 200 chart. Among Parton’s solo albums, and LPs with her onetime singing partner Porter Wagoner, she has had numerous titles in the Top 10 of Billboard’s country chart, including eight No.

Persons: ”, Dolly Parton, Drake, Taylor Swift’s, Parton, “, Joan Jett, Elton John, Rob Halford, Judas Priest, Paul, Ringo, Rockstar ”, Emmylou Harris, Linda Ronstadt, Porter Wagoner Organizations: “ Rockstar, Roll Hall of Fame, Rockstar Locations: United States

[1/6] People load up their newly purchased items from Best Buy on Black Friday in Wheaton-Glenmont, Maryland, U.S., November 24, 2023. A record 130.7 million people are expected to shop in stores and online in the U.S. on Black Friday this year, the National Retail Federation (NRF) estimates. But at 6 a.m. on Friday at a Walmart in New Milford, Connecticut, the parking lot was only half full. "It's a lot quieter this year, a lot quieter," said shopper Theresa Forsberg, who visits the same five stores with her family at dawn every Black Friday. And the rise of online shopping has reduced the importance of Black Friday as a single-day event.

Persons: Leah Millis, Cowen, David Klink, Theresa Forsberg, Michael Brown, Kearney, Jeff Gennette, Jimmy Lee, there's, Bergdorf Goodman, Nordstrom, Oscar de, Carlos Araejo, Ruiz, It’s, ”, Paul Aheren, Puma, Siddharth Cavale, Helen Reid, Arriana McLymore, Katherine Masters, Andrew Hay, Bianca Flowers, Danielle Broadway, James Davey, Deborah Sophia, Miral Fahmy, Nick Zieminski, Frances Kerry Organizations: REUTERS, Shoppers, Huntington Private Bank, Walmart, Target, National Retail Federation, Garden, Insider Intelligence, Macy's, Adobe Analytics, Wealth Consulting, Amazon, Adobe, Nordstrom, “, Saks, Puma, Israel Football Association, IFA, Thomson Locations: Wheaton, Glenmont , Maryland, U.S, RALEIGH, N.C, New Milford , Connecticut, Paramus , New Jersey, Indianapolis, Israel, Palestine, United States, Dallas, Raleigh, Crabtree, Boston

☆ Nissan invests $1.4 bln to build two new EV models in Britain
▼ + stars: | 2023-11-24 | by ( Nick Carey | ) www.reuters.com time to read: +3 min

Nissan has made its electric Leaf model in Sunderland for years and will continue to do so, with batteries supplied by a small plant at the site. It announced a $1.4 billion investment in 2021 to build a second, 9 gigawatt-hour (GWh) battery plant in Sunderland with Chinese partner Envision AESC. Nissan did not comment on the value of any subsidies or guarantees being provided by Britain. [1/4]Britain's Prime Minister Rishi Sunak and Chancellor of the Exchequer Jeremy Hunt attach a Nissan badge to a car as they visit the car manufacturer, Nissan, in Sunderland, Britain, November 24, 2023. But Sunak, who became prime minister a year ago, is having some success turning that around.

Persons: Rishi, Sunak, Nissan's, Alan Johnson, Rishi Sunak, Jeremy Hunt, Chancellor, Makoto Uchida, Brexit, Nick Carey, Sarah Young, Paul Sandle, Sonali Paul, Mark Potter Organizations: Nissan, Investment Summit, Britain, BBC, Britain's, India's Tata Motors, Rover, Thomson Locations: Sunderland, England, Britain, Europe, EVs

Brokerage TD Cowen lowered its U.S. holiday spending estimate to 2% to 3% growth, from 4% to 5%, as it forecast flat Black Friday traffic. With many consumers squeezed by persistent inflation and high interest rates, U.S. holiday spending is expected to rise at the slowest pace in five years. But at 6 a.m. on Friday at a Walmart in New Milford, Connecticut, the parking lot was only half full. "It's a lot quieter this year, a lot quieter," said shopper Theresa Forsberg, who visits the same five stores with her family at dawn every Black Friday. The rise of online shopping has reduced the importance of Black Friday as a single-day event.

Persons: Cowen, David Klink, ”, Barbara Kahn, Theresa Forsberg, Michael Brown, Kearney, Jimmy Lee, Leah Millis, there's, Jeff Gennette, Bergdorf Goodman, Nordstrom, Oscar de, Carlos Araejo, Ruiz, It’s, Paul Aheren, Puma, Siddharth Cavale, Helen Reid, Arriana McLymore, Katherine Masters, Andrew Hay, Bianca Flowers, Danielle Broadway, James Davey, Deborah Sophia, Miral Fahmy, Nick Zieminski, Frances Kerry, Leslie Adler Organizations: Shoppers, Huntington Private Bank, Walmart, Target, Ross Stores, The Wharton School, University of Pennsylvania, “, National Retail Federation, Garden, Insider Intelligence, Adobe Analytics, Adobe, Wealth Consulting, Amazon, REUTERS, Nordstrom, Saks, Protesters, Puma, Israel Football Association, Thomson Locations: RALEIGH, N.C, U.S, New Milford , Connecticut, Paramus , New Jersey, Wheaton, Glenmont , Maryland, Indianapolis, Israel, Palestine, United States, Dallas, Raleigh, Crabtree, Boston

Under the new terms offered by Brookfield, the A$9.43 per share bid remains but some investors can stay invested in the energy markets business that would be owned by Brookfield. Brookfield's consortium partner EIG Partners would take on Origin's integrated gas business which includes the 27.5% stake in Australia Pacific LNG (APLNG). If that bid fails to achieve 75% shareholder support, an alternative proposal has been lodged that would see Origin sell the energy markets business to Brookfield for A$12.3 billion. When asked during a press conference if he had reservations about the revised deal, Chairman Scott Perkins said: "absolutely". DONE TALKINGFollowing the announcement of the revised offer, EIG CEO Blair Thomas told Reuters that he was done talking to AustralianSuper.

Persons: Dado Ruvic, Australia's, EIG, Scott Perkins, Blair Thomas, Allan Gray, Simon Mawhinney, Mawhinney, Chris Bowen, Scott Murdoch, Lewis Jackson, Praveen Menon, Lincoln, Sonali Paul, Jamie Freed Organizations: Brookfield, REUTERS, SYDNEY, Brookfield ., EIG Partners, Australia Pacific LNG, Reuters, Brookfield consortium's, Energy, Thomson Locations: Brookfield, Sydney, Australia

☆ Oil down more than 1% as uncertainty swirls over delayed OPEC+ meeting
▼ + stars: | 2023-11-23 | by ( ) www.reuters.com time to read: +3 min

The sun is seen behind a crude oil pump jack in the Permian Basin in Loving County, Texas, U.S., November 22, 2019. In a surprise move, the Organization of the Petroleum Exporting Countries and allies including Russia delayed to Nov. 30 a ministerial meeting where they were expected to discuss oil output cuts. Producers were struggling to agree on output levels and hence possible reductions ahead of the meeting originally set for Nov. 26, OPEC+ sources said. Analysts said that Angola, Congo and Nigeria were seeking to raise their 2024 supply quotas above the provisional levels agreed at the OPEC+ June meeting. U.S. oil rigs remained unchanged at 500 in the week to Nov. 22, energy services firm Baker Hughes (BKR.O) said in its closely followed report on Wednesday.

Persons: Angus Mordant, Baker Hughes, Brent, Helima Croft, RBC's Croft, Arathy Somasekhar, Andrew Hayley, Sonali Paul, Muralikumar Organizations: REUTERS, OPEC, . U.S . West Texas, Trade, Organization of, Petroleum, Producers, RBC Capital Markets, ING Bank, U.S . Coast Guard, Thomson Locations: Loving County , Texas, U.S, ., United States, Russia, OPEC, Angola, Congo, Nigeria, Niger, Saudi Arabia, Gulf of Mexico, Houston, Beijing

The A$300 billion ($195.24 billion) pension fund was against the original offer, which it also said substantially undervalued the company's ability to profit from Australia's shift to renewable energy. Under the new terms offered by Brookfield, the A$9.43 per share bid remains but some investors can stay invested in the energy markets business that would be owned by Brookfield. Brookfield's consortium partner EIG Partners would take on Origin's integrated gas business which includes the 27.5% stake in Australia Pacific LNG (APLNG). If that bid fails to achieve 75% shareholder support, an alternative proposal has been lodged that would see Origin sell the energy markets business to Brookfield for A$12.3 billion. DONE TALKINGFollowing the announcement of the revised offer, EIG CEO Blair Thomas told Reuters that he was done talking to AustralianSuper.

PHOENIX (AP) — Chris Paul's return to Phoenix ended in the second quarter on Wednesday night after the 12-time All-Star was ejected by his old nemesis: referee Scott Foster. The Golden State Warriors guard and Foster have a long, acrimonious history, with the point guard complaining about Foster's officiating for nearly a decade. Now Paul says that a years-old issue that involves his son is at least part of the reason for the friction. Foster walked away but Paul kept yelling and the referee quickly turned and gave the point guard another technical, which caused the ejection. Everybody gets frustrated out there, but that’s up to the official.”Warriors team personnel had to get between Paul and Foster before the guard left the court.

Persons: Chris Paul's, Scott Foster, Foster, Paul, ” Paul, “, There's, I'm, “ I've, Paul —, Green, Rudy Gobert, Chris, Steve Kerr, Kerr, ___ Organizations: PHOENIX, Phoenix, Golden State Warriors, Los Angeles Clippers, Suns, Warriors, NBA, ” Warriors, Foster, Golden State Locations: Phoenix

☆ Oil retreats on caution ahead of OPEC+ meeting
▼ + stars: | 2023-11-21 | by ( Florence Tan | ) www.reuters.com time to read: +3 min

Brent crude futures fell 51 cents, or 0.6%, to $81.81 a barrel by 0746 GMT, while U.S. West Texas Intermediate crude futures were at $77.32 a barrel, down 51 cents, or 0.7%. Both contracts climbed about 2% on Monday after three OPEC+ sources told Reuters that the group, made up of the Organization of the Petroleum Exporting Countries (OPEC) and its allies, was set to consider whether to make additional oil supply cuts when it meets on Nov. 26. "Market participants have started to price in an extension of the current quantum oil supply cut into 2024 or even deeper cuts in the upcoming OPEC+ meeting," he added. OPEC+ is likely to extend or even deepen oil supply cuts into next year, eight analysts have predicted. Weekly stockpile reports from the American Petroleum Institute and the Energy Information Administration are due later on Tuesday and Wednesday, respectively.

Persons: Kelvin Wong, Helima Croft, Florence Tan, Yuka Obayashi, Sonali Paul, Jacqueline Wong Organizations: cnsphoto, REUTERS, Walmart Inc, SINGAPORE, Brent, U.S, West Texas, Reuters, Organization of, Petroleum, RBC Capital, Traders, Walmart, American Petroleum Institute, Energy Information Administration, Thomson Locations: Zhoushan, Zhejiang province, China, Singapore, OPEC, Saudi Arabia, U.S, Tokyo

☆ Nissan Motor hiking wages at US auto plants after UAW deal
▼ + stars: | 2023-11-20 | by ( David Shepardson | ) www.reuters.com time to read: +2 min

Nov 20 (Reuters) - Nissan Motor (7201.T) will hike top wages for workers at U.S. manufacturing plants by 10% in January after the United Auto Workers union reached new contracts with the Detroit Three automakers, a company spokesperson said on Monday. The Japanese automaker said the wage hike takes effect Jan. 8 for production technicians, maintenance, and tool & die technicians. Nissan said it is also eliminating wage tiers for U.S. production workers. Nissan said the pay hikes reflect its commitment to its employees in the United States "and enhancing our competitiveness." The UAW for decades has unsuccessfully sought to organize auto factories operated by foreign automakers.

Persons: Shawn Fain, Joe Biden, David Shepardson, Franklin Paul, Grant McCool Organizations: Nissan, United Auto Workers, Detroit Three, Workers, Hyundai Motor, Toyota, Honda, UAW, Tesla, General Motors, Ford Motor, Thomson Locations: U.S, United States, Washington

☆ Living in a ski town sounds like a dream. But the reality is crushingly expensive.
▼ + stars: | 2023-11-19 | by ( Dan Latu | ) www.businessinsider.com time to read: +5 min

Ski towns are so expensive that workers struggle to afford local housing and stay in their jobs. Vail, Colorado has spent $17 million paying homeowners to rent to local workers, according to the Wall Street Journal. The typical home value in Breckenridge was $1.1 million in October, while in Vail, 40 miles west, it was $1.6 million, according to Zillow. He told Business Insider earlier this year that the worker exodus from Vail has forced his business to stop offering lunch some days. Advertisement"Teachers, like myself, want to stay here in the community, but doing so requires the stability that homeownership can offer," Weibel told Business Insider.

Persons: —, Callie Kuchan, Business Insider's Jordan Pandy, Kuchan, Pandy, Vail, George Ruther, Ruther, he's, Paul Anders, Anders, Allison Weibel, Weibel Organizations: Wall Street, Service, Business, Street Journal, US Department of Housing, Urban, Policy Development, Research, Vail Daily, Vail Locations: Vail , Colorado, Breckenridge , Colorado, Illinois, Chicago, Breckenridge, Vail, Aspen, , Montana

☆ Exclusive: Meta's head of augmented reality software stepping down
▼ + stars: | 2023-11-17 | by ( Katie Paul | ) www.reuters.com time to read: +3 min

REUTERS/Eric Gaillard/File Photo Acquire Licensing RightsNEW YORK, Nov 16 (Reuters) - Meta's (META.O) head of augmented reality software is stepping down from his role, a company spokesperson told Reuters on Friday, raising questions about the company's progress in developing a custom operating system for its planned AR glasses. A Meta spokesperson confirmed Box would be leaving the company at the end of this week and said he was doing so for personal reasons. It aims to ship its first AR glasses to consumers in 2027. The Meta spokesperson declined to address the roadmap or whether the OS that Box's team was building would be in the first generation AR glasses. Box is known for having led the creation of the Xbox One operating system and later heading Microsoft's core operating system group, which works across all Windows products.

Persons: Eric Gaillard, Don Box, Mark Zuckerberg, Andrew Bosworth, Meta, Katie Paul, Kenneth Li, Daniel Wallis Organizations: Cannes Lions International, Creativity, REUTERS, Meta, Reuters, Labs, Microsoft, Xbox, Thomson Locations: Cannes, France

The San Diego Zoo sent its pandas home in 2019 and the last bear at the Memphis, Tennessee, zoo went home earlier this year. Whatever the reason, San Diego Zoo officials were hopeful. "It is a moment with some heartbreak in it,” National Zoo Director Brandie Smith said at the time. The San Diego Zoo has been panda-less for four years and may need to upgrade or refurbish its facilities. The National Zoo had announced plans to renovate its panda house and outdoor enclosure, but the timing on those plans is unclear.

Persons: —, Xi Jinping, Xi, Mei Xiang, Tian Tian, Xiao Qi Ji —, ”, Daniel Ashe, ” Dennis Wilder, ” Wilder, Wilder, Gavin Newsom's, Xi’s, Paul A, Baribault, Ling, Hsing, Brandie Smith, Le Le, Didi Tang, Amy Taxin Organizations: WASHINGTON, San Diego Zoo, National Zoo, Atlanta Zoo, Veteran, Economic Cooperation, Association of Zoos, Aquariums, Georgetown University’s Initiative, U.S, California Gov, San Diego Zoo Wildlife Alliance, “, Zoo, Associated Press Locations: America, California, San Diego, U.S, Memphis , Tennessee, China, Veteran China, People's Republic, Asia, San Francisco, United States, Washington, Memphis, Santa Ana , California

WASHINGTON, Nov 14 (Reuters) - The United States would like to see an evacuation of patients at Gaza hospitals to get them out of harm's way and will support an independent third party to conduct those evacuations, U.S. State Department spokesperson Matthew Miller said on Tuesday. "We want there to be safe evacuation for patients in hospitals so they can get out of harm's way. We would support an independent third party, a respected third party to conduct those evacuations," Miller said. The question is will Hamas allow patients to be evacuated from hospitals or will they continue to use them as human shields?," Miller added. Israeli forces have surrounded Gaza City's Al Shifa hospital, which they say sits atop an underground headquarters of Hamas militants.

Persons: Matthew Miller, Miller, Washington, Israel, Al Shifa, Gaza's, Simon Lewis, Humeyra Pamuk, Franklin Paul, Bill Berkrot Organizations: . State Department, Thomson Locations: United States, Gaza, U.S, Israel

☆ US Supports Evacuation of Patients at Gaza Hospitals by Independent Third Party
▼ + stars: | 2023-11-14 | by ( Nov. | At P.M. | ) www.usnews.com time to read: +2 min

He added the U.S. was in conversations with humanitarian organizations and third parties on the possible evacuation. "We want there to be safe evacuation for patients in hospitals so they can get out of harm's way. We would support an independent third party, a respected third party to conduct those evacuations," Miller said. The question is will Hamas allow patients to be evacuated from hospitals or will they continue to use them as human shields?," Miller added. Israeli forces have surrounded Gaza City's Al Shifa hospital, which they say sits atop an underground headquarters of Hamas militants.

Persons: Simon Lewis, Humeyra Pamuk, Matthew Miller, Miller, Washington, Israel, Al Shifa, Gaza's, Franklin Paul, Bill Berkrot Organizations: . State Department Locations: Humeyra Pamuk WASHINGTON, United States, Gaza, U.S, Israel

☆ Opinion: This Nicolas Cage movie is a hard lesson in being human
▼ + stars: | 2023-11-13 | by ( Opinion Noah Berlatsky | ) edition.cnn.com time to read: +6 min

CNN —Across the political spectrum, there’s a consensus that social media is dangerous. Director Kristoffer Borgli’s latest film, “Dream Scenario,” half builds on, half parodies those fears and anxieties for its absurdist plot. It also suggests, though, that the dynamics and dangers of online existence aren’t exactly new and aren’t exactly about social media at all. “Dream Scenario” is about how, even before we could see short hip hop dance videos on loop, we’ve always been in each other’s skulls. As “Dream Scenario” suggests, for better and worse, to be human is to dream together.

Persons: Noah Berlatsky, Critics, Noah Berlatsky Noah Berlatsky, Kristoffer Borgli’s, Paul Matthews, Nicolas Cage, Paul, Paul doesn’t, ”, Janet, Julianne Nicholson, It’s, they’re, you’ve, he’s, Carl Jung’s, “ antelligence, stigmatize, isn’t, you’re Organizations: CNN Locations: Chicago, Swiss

☆ As Target shutters some stores, retailer looks to prove it can grow and avoid new setbacks
▼ + stars: | 2023-11-13 | by ( Melissa Repko | In Melissa-Repko | ) www.cnbc.com time to read: +4 min

Melissa Repko | CNBCIn the Harlem neighborhood of New York City, Target 's first store to open in Manhattan has permanently shut its doors. This week, Target for the first time since the surprise store closures will update investors on its sales trends and efforts to overcome a string of challenges. Some other retailers, such as Nordstrom and Walmart , have also shut stores in major cities — though they have not specifically blamed theft. A bumpy ride for TargetFor more than a year, Target has endured rocky sales and stock performance. Target cut its full-year forecast in August, after already warning investors it expected lower sales than a year ago.

Persons: Melissa Repko, John Mulligan, Paul, Target's Mulligan, Greg Melich, They've Organizations: CNBC, NRF, Target, Nordstrom, Walmart, Evercore ISI Locations: Harlem, New York City, Manhattan, New York, Minneapolis, St, Chicago, San Francisco, Seattle, Portland

☆ I went to Logan Paul and KSI's Prime pop-up, where everything was gold and fans lined up down the block to try to win a $500,000 bottle
▼ + stars: | 2023-11-13 | by ( Marta Biino | ) www.businessinsider.com time to read: +4 min

To celebrate the sale of its billionth bottle, Prime opened two limited stores in London and NYC. The stores was gold themed, and included the chance to win a $500,000 gold Prime bottle. In New York, where Logan Paul was running operations at the local Prime store, the matching gold bottle was recorded melting, as there could only be one winner. For example, visitors of the Prime London store received a gold bottle with a custom flavor and the words "London 1,000,000,000" printed on it. Now, the gold Prime bottle can be found for sale on the Central Sweet Supply website for £139.99 (about $171).

Persons: YouTubers KSI, —, YouTube megastars Logan Paul, It's, Logan Paul, Ellie Whitby, Emanuele Maccotta, she'd, Steve Cooper, Cooper Organizations: Service, YouTube, Prime London, London Prime, Sweet Supply, Central Sweet Supply Locations: Logan, London, New York City, New York, Whitby

☆ When Ruthless Cultural Elitism Is Exactly the Job
▼ + stars: | 2023-11-12 | by ( David Marchese | ) www.nytimes.com time to read: +13 min

Talk When Ruthless Cultural Elitism Is Exactly the JobI wonder if any of the many literary greats represented by Andrew Wylie ever considered using his story. I don’t think that’s ever happened. I think that’s the wrong way to look at it. Do you think that’s a phony attitude? Is there some defense of cultural elitism that you want to make?

Persons: Andrew Wylie, Wylie, scalawag, Andy Warhol’s, Philip Roth, Saul Bellow, Martin Amis, John Updike, Borges, Calvino, Sally Rooney, Salman Rushdie, Karl Ove Knausgaard, Wylie’s, ’ backlists, ”, understatedly, It’s, I’ve, Jesus, Andrew, Gerard Malanga, I’m, doesn’t, it’s, I’ll, “, You’ve, Robert Frank, Allen Ginsberg, “ Don Quixote ”, that’s, what’s, you’re, Orhan Pamuk, Italo Calvino, Naipaul, Nabokov, accrues, We’re, David Marchese, Alok Vaid, Menon, ordinariness, Joyce Carol Oates, Robert Downey Jr Organizations: Houghton, Paul’s, Harvard, New York Times, Harvard Business School, Getty, Disney, Marvel Locations: Houghton Mifflin, St, New York

☆ ‘Dream Scenario’ Review: Nicolas Cage in a Fable of Fame
▼ + stars: | 2023-11-10 | by ( Kyle Smith | ) www.wsj.com time to read: +1 min

Nicolas Cage Photo: A24Whether sexy, sinister or surreal, dreams are . In “Dream Scenario,” fascination and boredom grapple for the upper hand in the tale of a college biology professor who is both unusually dull and yet nationally known. As played by Nicolas Cage in an amusing hangdog performance, the dull Boston academic Paul Matthews discovers that he’s popping up in his daughter’s dreams, as a character who just stands around while scary things happen. Like Byron, he becomes famous overnight, but unlike Byron, he has no talent. There isn’t anything special about him, except that he happens to be on everyone’s mind at the same time.

Persons: Nicolas Cage, Kim Kardashian, Paul Matthews, —, Paul, Byron Locations: America, Boston

☆ Next new Chrysler model is electric crossover in 2025, Chrysler CEO says
▼ + stars: | 2023-11-08 | by ( ) www.reuters.com time to read: +1 min

Chrysler Brand CEO Christine Feuell speaks during Reuters Events Automotive USA 2023 in Detroit, Michigan U.S., November 8, 2023. REUTERS/Rebecca Cook Acquire Licensing RightsDETROIT, Nov 8 (Reuters) - The next new model from Stellantis' (STLAM.MI) Chrysler brand will be a two-row electric crossover in 2025, Chrysler CEO Christine Feuell said Wednesday. The brand also is considering the introduction of a new sedan, as its long-running Chrysler 300 is being phased out of production. Speaking at the Reuters Events Automotive USA 2023 conference in Detroit, Feuell said the design of the new crossover is inspired by the Chrysler Airflow concept unveiled at the 2022 Consumer Electronics Show. Feuell said Chrysler is still considering the size of a new sedan.

Persons: Christine Feuell, Rebecca Cook, Feuell, Paul Lienert, Franklin Paul, Matthew Lewis Organizations: Chrysler Brand, Automotive, Detroit , Michigan U.S, REUTERS, Rights DETROIT, Chrysler, Reuters, Pacifica, Thomson Locations: Detroit , Michigan, Detroit

☆ Isolationism Makes a Perilous Moment More So
▼ + stars: | 2023-11-08 | by ( Paul A. Gigot | ) www.wsj.com time to read: +1 min

Images: Getty Images/Reuters Composite: Mark KellyI recently looked back at what my predecessor and mentor, Robert Bartley , said in 2002 upon his retirement. He surveyed his 30 years as Journal editor and the progress that had been made. America had won the Cold War, vanquished the stagflation of the 1970s, and quieted the social convulsions of the 1960s and ’70s. “What I think I’ve learned over 30 years,” Bob wrote, “is that in this society, rationality wins out, progress happens, and problems have solutions. This, I like to think, is what happens when a society incorporates the editorial credo of my newspaper, free markets and free people.

Persons: Nikki Haley, Ron DeSantis, Chris Christie, Tim Scott, Vivek Ramaswamy, Mark Kelly, Robert Bartley, ” Bob, “, ” Organizations: America

DALLAS (AP) — A Texas businessman at the center of the scandal that led to the historic impeachment of state Attorney General Ken Paxton has been charged with additional federal crimes. Paul, 36, pleaded not guilty in June to the eight counts of making false statements while seeking loans from mortgage lenders in the U.S. and Ireland. Paxton was suspended from office ahead of his impeachment trial, where he pleaded not guilty to political charges including misconduct, bribery and corruption. Neither Paxton nor Paul was called to testify at the impeachment proceeding. The federal investigation of Paxton is ongoing and he still faces a state criminal trial on securities fraud charges brought against him in 2015.

Persons: —, Ken Paxton, Nate Paul, Paul, Paxton, Paxton — Organizations: DALLAS, FBI, Republican, GOP Locations: Texas, Austin, U.S, Ireland

REUTERS/Ann Saphir/File Photo Acquire Licensing RightsNov 7 (Reuters) - Dallas Federal Reserve Bank President Lorie Logan on Tuesday said she supported leaving the Fed's policy rate on hold last week to assess if financial conditions are sufficiently tight to bring down inflation, while pointing to recent signs the fight was not yet won. "We're going to continue to need to see tight financial conditions in order to bring inflation to 2% in a timely and sustainable way," Logan said. "I'm going to be looking at the data and I'm going to be looking at financial conditions as we get closer to the following meeting." That view was one main reason the Fed opted to keep the policy rate in its current 5.25%-5.50% range last week. "We have seen some retracement in that 10-year yield and financial conditions, and so I'll be watching to see whether that continues and what that means for the implications of policy," Logan said on Tuesday.

Persons: Lorie Logan, Ann Saphir, Logan, Franklin Paul, Andrea Ricci Organizations: Reserve Bank, Dallas, National Association for Business Economics, REUTERS, Dallas Federal Reserve Bank, Fed, Thomson Locations: Dallas , Texas, U.S

Search resuls for: "Paul A"

25 mentions found