DIRS.INFO The most relevant business & tech news

"Jeopardy!" great Amy Schneider won the show's Tournament of Champions in a game aired Monday, securing the title by knowing what comedic play was the talk of Washington, D.C., in 1864. Entering the “Final Jeopardy” round on Monday's show, Schneider led with $15,600, while He was in second at $14,200 and Buttrey was within striking distance at $8,000. The tournament title came with a $250,000 grand prize for Schneider. In second place, He pocketed $100,000, while Buttrey won $50,000 for third place.

☆ Kraft Heinz turns to gimmicks and nostalgia to revive its ‘dusty’ brands
▼ + stars: | 2022-11-15 | by ( Danielle Wiener-Bronner | ) edition.cnn.com time to read: +10 min

Because they’re incredible.”More than half of Kraft Heinz’s business comes from just eight brands — the aforementioned three, plus Kraft Mac and Cheese, Philadelphia Cream Cheese, Heinz, Lunchables and Ore-Ida. For Kraft Heinz, which is relying on Patricio to execute a comeback, there’s a lot on the line. So we have more loyalty.”For that reason, Kraft Heinz has leaned in to promoting its legacy brands — and with sometimes outrageous marketing. Kraft HeinzOther Kraft Heinz brands have also used attention-grabbing marketing campaigns. Kraft Heinz’s brands now have a presence on gaming platforms like Roblox, in addition to social media channels and other platforms.

☆ Evelyn de Rothschild Helped Preserve Family’s Banking Dynasty
▼ + stars: | 2022-11-11 | by ( James R. Hagerty | ) www.wsj.com time to read: 1 min

One of the few storied names that survived was N.M. Rothschild & Sons. That was largely because of Evelyn de Rothschild , who led N.M. Rothschild for 27 years. He saw more value in preserving the venerable family name than in selling out to a megabank. “Wherever we are, we are Rothschild,” he told Institutional Investor in 1992. “That’s a terrific advantage from a marketing point of view.

☆ Remaking the River That Remade L.A.
▼ + stars: | 2022-11-10 | by ( Michael Kimmelman | Photographs Adali Schell | ) www.nytimes.com time to read: +33 min

Remaking the River That Remade L.A.February 1938 was a wet month in Los Angeles. Reservoirs overflowed, dams topped out and floodwaters careered down Pacoima Wash and Tujunga Wash toward the Los Angeles River. The Los Angeles River was never a storybook river of the kind that, like the Hudson or the Seine, we associate with great cities. Among the naysayers is a venerable organization called Friends of the Los Angeles River, founded by the Texas-born poet and performance artist Lewis MacAdams. “With all the problems L.A. is facing,” he said, “even if it costs $50 billion to fix the river, we should just effing do it.”The headwaters of the Los Angeles River aren’t easy to find.

☆ Tech CEOs all made the same dumb mistake, thinking the pandemic boom would last forever. Now employees are paying the price with massive layoffs.
▼ + stars: | 2022-11-09 | by ( Matt Weinberger | ) www.businessinsider.com time to read: +5 min

Mark Zuckerberg took accountability for the mistake that led to this week's 11,000 job cuts at Meta. That mistake: Thinking the pandemic-era good times for tech would last forever. Many other tech companies made the same mistake. Many people predicted this would be a permanent acceleration that would continue even after the pandemic ended," Zuckerberg wrote in a memo to employees on why he's cutting 11,000 jobs at Meta. Startups raised money in eye-watering amounts, even as the major tech companies saw their share prices soar.

☆ John Shea Revitalized Storied Family Construction Empire
▼ + stars: | 2022-10-30 | by ( James R. Hagerty | ) www.wsj.com time to read: 1 min

As a University of Southern California student in the late 1940s, John Shea may have seemed an unlikely candidate to run his family’s construction company, a venerable outfit that had helped build the Hoover Dam and the Golden Gate Bridge. By his own later admission, he spent little time on his civil-engineering studies and was most interested in playing varsity tennis or gambling on backgammon and poker games, some of which lasted all night. One evening, he blew his entire savings, more than $2,000, on a craps game at the Los Angeles Tennis Club, he said in an oral history recorded by one of his sons. His mother had to talk him out of quitting school in his senior year.

Trade flows have been adjusting, with Western buyers shunning Russian crude and products, and a formal European Union ban on crude coming into effect in December and on products in February. Russia has overtaken Saudi Arabia as China's top supplier of crude oil, and China has also boosted imports of Russian coal. There is less Russian nickel in the LME system, perhaps about 5% of the total, but Russian aluminium makes up closer to a quarter of the total. China is a net exporter of aluminium, meaning there would have to be a significant price incentive to effectively "churn" metal through China. Overall, whatever emerges from the LME's discussion paper on Russian metal, the likelihood is that 2023 will see some form of disruption to the established ways of doing business.

☆ Best Online Stock Trading Platforms of 2022
▼ + stars: | 2022-10-15 | by ( ) www.wsj.com time to read: +15 min

Luckily, the past few years has seen a profusion of online stock trading platforms. We spent hours comparing more than a dozen stock trading platforms looking for the most intuitive tools, in-depth research and access to guidance and other educational content. We considered all of this when making our picks for the Best Stock Trading Platforms of 2022. How we pickedTo pick Buy Side from WSJ’s best stock trading platforms, we reviewed offerings from more than a dozen companies. Morgan Stanley is the corporate parent of E*Trade, one of the stock trading platforms considered for this story.

Venerable Scottish actor Robbie Coltrane, best known as the dragon-loving half-giant Hagrid from the "Harry Potter" film franchise, died on Friday, his managers said. "We are hugely saddened to hear of the passing of the magnificent Robbie Coltrane who played Hagrid with such kindness, heart and humour in the Harry Potter films," the “Harry Potter” film franchise said in statement. Robbie Coltrane as Hagrid in the "Harry Potter" series. He was an incredible actor and a lovely man.”And fellow “Harry Potter” actor James Phelps, who played one of the Weasely twins, recalled being a fresh-faced 14-year-old, nervous on first day on the set in September 2020. Scottish First Minister Nicola Sturgeon said "Ftiz" was one her favorite TV characters and called Coltrane a "Scottish entertainment legend."

☆ Chris Redd is latest to exit ‘Saturday Night Live’
▼ + stars: | 2022-09-20 | by ( ) www.nbcnews.com time to read: +4 min

Five years ago, I walked into 30 Rock knowing that this was an amazing opportunity for growth,” Redd said in a statement. From the bottom of my heart, I can’t thank you all enough.”Chris Redd as Kanye West during the "People's Kourt" sketch on Saturday Night Live, on Oct. 9, 2021, in New York. He has an HBO Max comedy special in the works ”Chris Redd: Why Am I Like This?” which will premiere later this year. Redd co-created and is set to voice a lead role in a yet-to-be titled project from Michaels’ Broadway Video and Audible. “Saturday Night Live” in the 2020-2021 season was the most-watched entertainment program on TV among viewers between 18 and 49, the demographic most preferred by advertisers.

☆ Fear and loathing on Wall Street: Inside the paranoid, hyper-competitive onslaught to prevent quant traders from defecting to rivals
▼ + stars: | 2022-07-31 | by ( Alex Morrell | ) www.businessinsider.com time to read: +23 min

Current and former employees at prominent quant trading operations spoke to Insider anonymously for this story, citing fear of legal reprisals. "At the NSA, the penalty for leaking is twenty-five years in prison," Simons liked to tell employees, according to Gregory Zuckerman's book "The Man Who Solved the Market." In the early 2000s, quant noncompetes were narrower and shorter — six to nine months was industry standard, quant recruiters who had to navigate these obstacles told Insider. But it has aggressively pursued employees it believes have crossed the firm, according to court filings and media reports. Absent such changes, quant noncompetes will likely continue to proliferate with little resistance from employees.

Persons: Ken Griffin, they'd, It's, Matt Moye, they've, David Marshall, Jim Simons, George Soros, John Paulson, Philip Falcone, Jonathan Ernst, RenTech, Simons, Gregory Zuckerman's, Moye, quant, Pavel Volfbeyn, Alexander Belopolsky, spooked, Eric Wepsic, Shaw, —, Izzy Englander, Rick Wastrom, Smith Hanley, Jane Street burgeoned, Peter Friedman, Brennan Hughes, Griffin —, They've, Friedman, Chase Lochmiller, Ray Dalio, Jane Street, Hughes, Samuel Estreicher, Estreicher, I'm, David, Wastrom, Marshall, noncompetes Organizations: Citadel Securities, Renaissance Technologies, Citadel, St John's Law School, Center for Labor, Employment, REUTERS, NSA, Fund, RenTech, Millennium Management, Millennium, D.E, Trading, Integra Advisors, Wall, Google, Sigma, Polychain, Getty, Bridgewater Associates, National Labor Relations Board, Schonfeld Strategic Advisors, Group, New York University, school's Center for Labor, John's Law, —, New Locations: America, Bridgewater, New York, Hudson, Riker's Island, Houston, Chicago, Connecticut, — California, St, New York , Illinois

☆ Case of the Brooklyn Symbolist
▼ + stars: | 1992-08-30 | by ( Adam Begley | ) www.nytimes.com time to read: +2 min

Paul Auster writes novels about lonely souls who try to make meaning out of circumstance -- and he writes under circumstances that look suspiciously meaningful: his office, a small studio apartment, is bare and white and smudged with Brooklyn grime. The window shades are always drawn; were they raised, you would see a brick wall across an air shaft. The same man called the next day and asked again for the venerable detective agency. The novel's protagonist is a solitary writer named Quinn who on three different nights gets a phone call from a man looking for "Paul Auster. Of the Auster Detective Agency."

Persons: Paul Auster, Auster, Pinkerton, Quinn Organizations: The, Auster, Agency Locations: Brooklyn, Glass

Search resuls for: "Venerable"

12 mentions found