DIRS.INFO The most relevant business & tech news

☆ Musk needs a third of America to pay for Twitter
▼ + stars: | 2022-11-15 | by ( Jonathan Guilford | ) www.reuters.com time to read: +3 min

Squeezed by sky-high interest payments, even steep cost-cuts leave a big hole to fill if Twitter doesn't grow into its debt. Advertising revenue across the industry has fallen since Twitter last reported public results. A Twitter Blue subscription isn’t like Spotify Technology (SPOT.N) or Netflix (NFLX.O), perhaps. Those platforms bear the cost of licensing content whereas Musk is trying to get Twitter users to pay for the privilege of providing content. If the cost of providing each extra subscription is zero, Musk needs only about a tenth as many subscribers to sign up.

☆ Inflation is getting less hot - and the best-case scenario for stocks just played out.
▼ + stars: | 2022-11-11 | by ( Phil Rosen | ) www.businessinsider.com time to read: +6 min

The stock market just had its best day of the year. We can chalk that up to the Thursday morning inflation data that showed prices cooled faster than expected in October. Specialist trader Chris Malloy (C) gives a price to traders on the floor of the New York Stock Exchange, October 18, 2013. As far as a single day is concerned, yesterday looked like a perfect storm for the stock market. Does the latest inflation report change your outlook on the economy or predictions for what the Fed will do next?

☆ U.S. Q3 GDP overshot IMF forecasts, but growth volatile -official
▼ + stars: | 2022-11-02 | by ( David Lawder | ) www.reuters.com time to read: +3 min

The IMF in its Oct. 11 World Economic Outlook had cut its U.S. growth forecast by 0.7 percentage point, based on the weak Q2 output earlier in the year. Along with other factors, such as rising food and energy costs prompted by Russia's war in Ukraine and tighter monetary policy, the U.S. reduction offset upside surprises in Europe, leaving the IMF's 2022 global growth forecast unchanged at 3.2%. Going forward into next year, the U.S. is slowing and that's never good for the global economy," Chalk said. "In addition to slowing, it's shifting away from goods, and that's sort of exacerbating that effect on the global economy." The IMF has forecast that U.S. growth will decline further to 1.0% in 2023, with global growth falling to 2.7% next year.

☆ IMF backs Latam progressive taxes, fiscal discipline
▼ + stars: | 2022-11-02 | by ( Rodrigo Campos | ) www.reuters.com time to read: +2 min

For most of the region "the story there is actually they have pretty good fiscal and monetary frameworks," said Nigel Chalk, acting director of the Western Hemisphere Department at the IMF. "So it's more a question of letting the frameworks work and do their job as they were designed." The fund said last month tightening global financial conditions and high inflation clouded the outlook for Latam and Caribbean economies. Carbon taxes, which have been discussed across the region, are also on the IMF menu for increasing revenues. Reuters GraphicsReporting by Rodrigo Campos and David Lawder; Editing by Chizu NomiyamaOur Standards: The Thomson Reuters Trust Principles.

HONG KONG, Oct 27 (Reuters Breakingviews) - Tesla’s (TSLA.O) China price cut is a double-edged sword. China is increasingly important for Tesla and its investors, accounting for around a quarter of the electric-car maker’s top line in the first nine months of 2022. If sales reach nearly $120 billion next year as forecast by Refinitiv, a 9% cut would equate to around $2.5 billion in revenue. Chinese drivers, though, are starting to snub international badges in favour of home-grown alternatives, especially for electric and premium models. The company posted the price cuts on its China website on Oct. 24.

☆ Insider asked 38 Republicans whether they're concerned about growing anti-Semitic sentiments in their party. Their responses included silence, deflection, and rehashing old statements.
▼ + stars: | 2022-10-22 | by ( Warren Rojas | ) www.businessinsider.com time to read: +12 min

Insider reached out to House Republican leaders, GOP senators auditioning for the 2024 presidential race, the Republican National Committee, retired GOP lawmakers, seasoned Republican strategists and former Donald Trump administration officials about this disturbing phenomenon. The non-respondents included RNC chair Ronna McDaniel, former Vice President Mike Pence, National Republican Senatorial Committee chair Rick Scott, House Republican Conference chair Elise Stefanik, Florida Gov. Meghan McCain, the daughter of late Arizona Republican Sen. John McCain, lashed out at West, Trump and House Republican "idiots" cheering on their reprehensible behavior. "You can say that his particular words in this particular case are not antisemitic," Rosen said Tuesday during Commentary's daily podcast. Nor have they convinced House Judiciary Committee ranking member Jim Jordan to quit hailing West and Trump as personal heroes.

☆ Aussies put net-zero nationalisation on the map
▼ + stars: | 2022-10-21 | by ( Antony Currie | ) www.reuters.com time to read: +4 min

MELBOURNE, Oct 21 (Reuters Breakingviews) - Nationalisation and capitalism are supposed to be like chalk and cheese. He also accused privately run energy generators of reaping huge profits “at our collective expense” without helping to achieve net-zero goals. If done right — and the details will be key — other governments facing similar net-zero challenges can take note. His plan involves restoring the State Electricity Commission to build new renewable energy projects. The SEC has not been involved in building energy projects since 1993 when the state’s energy assets were privatised.

But there are fans of another court-based sport that are greeting the news with much less enthusiasm: tennis players. In apartment complexes and retirement centers across the country, tennis courts are being scrapped in favor of pickleball courts. Its courts are similar to tennis courts, just smaller, so many players repurpose tennis courts with chalk or paint to lay out the pickleball dimensions. Yet dozens of new dedicated pickleball courts are being built all over America, which will soon help ease the problem of overcrowding. So for any tennis players out there worried that pickleball will demolish your own game’s success, you can rest easy.

It also encapsulates macro hedge funds' trading strategy today - while most investors got smoked in the third quarter as stocks, bonds and commodities slumped, macro funds raked it in thanks to the surging U.S. dollar. There is little indication the wave is about to crash any time soon, and although hedge funds have reduced their exposure in recent weeks, they remain comfortably long. LONG, LONG, LONGThe dollar index, a measure of the greenback's value against a basket of six major currencies, rose 7.1% in the third quarter, its best performance since early 2015. But CFTC hedge funds have held a net long dollar position every week since August last year, and a $10 billion bet is still a pretty resounding endorsement of the U.S. currency over its major rivals. With numbers like these, it looks like funds may be buying dollars and wearing diamonds for a good while yet.

☆ What is rainbow fentanyl? Colorful pills drive new warnings
▼ + stars: | 2022-09-25 | by ( Jacqueline Howard | ) edition.cnn.com time to read: +10 min

"Colored fentanyl pills have been around for a few years. At the time, the agency said that it and its law enforcement partners seized the brightly colored fentanyl and fentanyl pills across 18 states. While he and his colleagues are aware of rainbow fentanyl warnings, he hasn't heard any patients or parents mention it. When it comes to rainbow fentanyl, "the fentanyl itself is going to be the same issue as the counterfeit pharmaceutical fentanyl. The only difference between rainbow fentanyl and the fentanyl products of the past appears to be the coloring.

☆ Stocks muted, Sweden kicks off salvo of central bank hikes
▼ + stars: | 2022-09-20 | by ( Huw Jones | ) www.reuters.com time to read: +5 min

The MSCI all country stock index (.MIWD00000PUS) was 0.2% ahead, leaving it down about 20% from a lifetime high in January. Sweden's central bank hiked rates by a greater than expected full percentage point on Tuesday and warned of more to come. read moreLuca Paolini, chief strategist at Pictet Asset Management, said the U.S. central bank would likely ease the pace of hikes going into next year. "The market, in a way, is probably expecting a peak in rates," Paolini said, adding that market focus would then switch to how higher rates were affecting economies and company earnings. Terminal rate projection also leapsCONTRARIAN CHINAChina's central bank kept its benchmark lending rates unchanged at a monthly fixing on Tuesday, as expected.

☆ 'French Spiderman' climbs Paris skyscraper to mark turning 60
▼ + stars: | 2022-09-17 | by ( ) www.reuters.com time to read: +2 min

Register now for FREE unlimited access to Reuters.com RegisterPARIS, Sept 17 (Reuters) - Alain Robert, the free climber dubbed the "French Spiderman", scaled a 48-storey skyscraper in Paris on Saturday, fulfilling a goal he had set for himself once he reached the age of 60. 1/5 French "Spiderman", climber Alain Robert, climbs the TotalEnergies skyscraper in La Defense near Paris, France September 17, 2022. REUTERS/Lucien Libert TPX IMAGES OF THE DAY Read MoreRobert, who also wanted to use the climb to raise awareness about the need for climate change action, had already climbed the TotalEnergies tower on numerous occasions. He climbs without a harness, using only his bare hands, a pair of climbing shoes, and a bag of powdered chalk to wipe off the sweat. Register now for FREE unlimited access to Reuters.com RegisterReporting by Anthony Paone Writing by Dominique Vidalon Editing by Helen PopperOur Standards: The Thomson Reuters Trust Principles.

But "we know that one in three women are going to die of heart disease" every year. Heart attackA heart attack occurs when blood flow to the heart muscle is cut off or drastically reduced. Women with heart failure have a wider variety of symptom, such as sweating, unusual swelling, heart palpitations and feelings of heartburn. According to the review, 10% of people with heart disease experience depression, compared with 5% of those without heart problems. Heart valve diseaseHeart valve disease occurs when one or more of valves in the heart doesn't work properly.

☆ The Ayahuasca Diaries
▼ + stars: | 2022-06-26 | by ( Mattathias Schwartz | ) www.businessinsider.com time to read: +37 min

But please understand: I didn't drink ayahuasca so I could write an article about it. I wrote an article about it so I could drink ayahuasca. I was desperate to drink ayahuasca — I had been for several months, in fact — and the formality of an assignment would help me out at home. Instead, a friend of a friend linked me up with an ayahuasca sangha, a Buddhist word for a spiritual community. I thought of my old friend, Scott, who, many years before, had declined an opportunity to drink ayahuasca.

☆ This 65-year-old retiree just moved into a $420 per month apartment in Mexico 'steps from the beach' — take a look inside
▼ + stars: | 2021-08-07 | by ( Janet Blaser | ) www.cnbc.com time to read: +6 min

Photo: Lucas Mullikin for CNBC Make ItI can also walk to a plethora of cafés, shops and restaurants. Photo: Lucas Mullikin for CNBC Make ItThe two bedrooms are separated by a spacious "Jack and Jill" bathroom. Photo: Lucas Mullikin for CNBC Make ItThere's a galley kitchen leading back to what used to be a maid's room with a half-bath. Photo: Lucas Mullikin for CNBC Make ItA special space that already feels like homeMy decorating style is pretty eclectic. Photo: Lucas Mullikin for CNBC Make It

Search resuls for: "Chalk"

15 mentions found