DIRS.INFO The most relevant business & tech news

☆ A 27-year-old started 'Airbnb arbitrage' after getting laid off during the pandemic. He explains how he got his first rental with $6,400 upfront and scaled to 25 units in less than 2 years.
▼ + stars: | 2023-05-23 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +11 min

After being laid off in March 2020 Nathan and Taniera Turner started looking into real estate. Today, they have 25 Airbnb units in three different states, plus an Airbnb cleaning business. They continued working with the client, who owned six Airbnb units total, and started learning more about the hosting side of the business. "They were telling us about their journey and how they were able to quit their jobs from doing Airbnb," said Turner. Moving to Houston and using rental arbitrage to set up an Airbnb rental with $6,400The Turners continued picking up clients and cleaning Airbnb properties in Louisville.

☆ Rune rallies past Ruud into Rome final
▼ + stars: | 2023-05-20 | by ( ) www.reuters.com time to read: +1 min

"I told myself at this moment I had nothing to lose, he's probably going to win the match," Denmark's Rune said. Rune took a medical timeout for a minor shoulder problem and that looked to throw Estoril champion Ruud off his game as the 24-year-old Norwegian surrendered his serve twice to get dragged into a deciding set. A double-fault gifted Rune a break and a 3-1 lead in the final set and the 20-year-old never looked back as he sealed a first victory over Ruud in five meetings. "I really played some of my best tennis," said Rune, who beat world number one Novak Djokovic in the quarter-finals. In the women's final later on Saturday, Wimbledon champion Elena Rybakina will meet Ukraine's Anhelina Kalinina.

☆ Colorado Republicans reckon with string of major electoral losses as Democrats strengthen their hand in the onetime GOP stronghold
▼ + stars: | 2023-05-20 | by ( John L. Dorman | ) www.businessinsider.com time to read: +3 min

Colorado Republicans are reckoning with an increasingly Democratic tint of the Western state. Republicans lost the Colorado Springs mayoralty this week, a stunning blow for the state party. Independent candidate Yemi Mobolade easily defeated former Colorado Republican Secretary of State Wayne W. Williams in a May 16 runoff election for the mayoralty of Colorado Springs, a longtime conservative stronghold. "I think it's literally demographics are the hugest reason why Colorado is shifting more blue. The people moving into our state are by and large more liberal, and the people leaving our state are by and large, more conservative," former state Republican chair Kristi Burton Brown recently told The Hill.

☆ Inside the scramble to evacuate a US embassy surrounded by the chaos of street fighting, gunfire, and explosions
▼ + stars: | 2023-05-16 | by ( Jake Epstein | ) www.businessinsider.com time to read: +13 min

US forces evacuated the American embassy in Sudan days after violence erupted in its capital. As the situation deteriorated, the Pentagon dispatched Special Operations Forces to evacuate US diplomatic staff in a dramatic helicopter operation. Foreign governments began efforts to pull out their diplomatic staff and, in some cases, also moved to evacuate their civilians. People walk by a house hit in recent fighting in Khartoum, Sudan, Tuesday, April 25, 2023. US Marine Corps courtesy photoWith the embassy staff gone, questions remained over whether Washington would move to evacuate US citizens, as some other Western nations had been doing.

NEW YORK, May 2 (Reuters) - The cost of insuring against further losses in regional U.S. bank stocks stood near a one-month high in options markets on Wednesday, even as shares of lenders saw a reprieve from their recent sell-off. Skew on the SPDR S&P Regional Banking ETF - a gauge of relative demand for puts versus calls - remained elevated, hovering near the highest level since the COVID-19 market slump, data from OptionMetrics showed. The SPDR S&P Regional Banking ETF rose about 1.9% to 39.64 in afternoon trade, though it is down 33% on the year and fell on Monday and Tuesday. "The fact that you didn't see the follow-through from some of these other regional banks, with what would appear to be such great news, really didn't inspire a lot of confidence in some of these regional banks," said Seth Hickle, a derivatives portfolio manager at Innovative Portfolios, referring to JPMorgan’s rescue of First Republic. "The problem with regionals are going to be rising interest rates,” said Matt Amberson, principal at options analytics firm ORATS.

☆ A woman earns nearly $5,000 a month selling pictures and videos of her feet — dirty socks can fetch as much as $500
▼ + stars: | 2023-05-03 | by ( Julia Naftulin | ) www.businessinsider.com time to read: +6 min

Chrissy makes an average of $5,000 each month selling custom videos and photos, plus used socks she mails out. Chrissy told Insider she's been selling photos of her "elegant" size seven feet on the website for three years. That's when I started to explore other options and came across Fun with Feet," Chrissy told Insider. Whenever they see a photo, they want to imagine the person behind that photo," Chrissy told Insider. She said she plans to continue selling feet photos until she gets sick of it, but doesn't anticipate that will be any time soon.

☆ Instant View: Fed hikes another 25 basis points, hints it may be the last increase
▼ + stars: | 2023-05-03 | by ( ) www.reuters.com time to read: +7 min

TOM GARRETSON, STRATEGIST, RBC PORTFOLIO ADVISORY GROUP, MINNEAPOLIS, MINNESOTA"It was a pretty dovish rate hike today. The expectations were that it might be a bit more of a hawkish rate hike in terms of leaving the door open to further hikes if needed." "The updated language in the policy statement does suggest the bar is going to be quite high for further rate hikes. … The market is hoping or expecting the Fed to pause after this rate hike. From a consumer credit perspective, the impact of further rate hikes will likely continue to be felt by borrowers across a range of industries.

☆ Screen to shield sacred moment of King Charles' coronation unveiled
▼ + stars: | 2023-04-28 | by ( ) www.reuters.com time to read: +2 min

The three-sided screen will shield Charles when he is anointed with holy oil, consecrated in Jerusalem, on his hands, breast and head, shortly before he is crowned at London's Westminster Abbey on May 6. Buckingham Palace said it was historically regarded "as a moment between the sovereign and God" with the screen there to protect its sanctity. "Now this three-sided screen provides absolute privacy." "It is such a private, sacred moment," she told Reuters "It's a mystic moment." "It's utilising stuff that might have been used as firewood but actually we're using it for something very special," Gutfreund said.

☆ Elephant seals amaze scientists with their ability to sleep 1,200 feet deep under the ocean to avoid predators
▼ + stars: | 2023-04-22 | by ( Isobel Van Hagen | ) www.businessinsider.com time to read: +4 min

Elephant seals drift downwards in a "sleep spiral" when deep diving in the ocean, a new study found. Sleeping while deep diving allows the seals to avoid predators, scientists believe. The seals fall into sleep during deep dives of up to 377 meters, which is around 1,235 feet, to avoid predators. "This is not light sleep but real paralytic, deep sleep that would have humans snoring. The recordings showed the diving seals going into a sleep stage known as "slow-wave sleep" before transitioning into REM sleep, which leads to a kind of "sleep spiral" or sleep paralysis, experts found.

PARLIAMENT 'CIRCUMVENTED'The Credit Suisse/UBS merger marked the first time that parliament had withheld its support for emergency laws designed to deal quickly with crises. Swiss Finance Minister Karin Keller-Sutter defended the use of the emergency powers, saying Switzerland was not an "emergency dictatorship." "The emergency law is based on the federal constitution and I don't think it's correct to say it's illegal." "Politicians might have wanted to show their disapproval about what happened, but they don’t want the UBS takeover to fail." The use of such emergency legislation, overturning antitrust rules, is a problem for Swiss democracy and rule of law.

☆ A 31-year-old woman started her own trucking business with no money and made $1.4 million one year later. Here's how she did it.
▼ + stars: | 2023-04-12 | by ( Jennifer Ortakales Dawkins | ) www.businessinsider.com time to read: +5 min

Brittany Traylor said she didn't need much capital to start her own trucking company in 2021. Through brokerage and dispatching, her business generated $1.4 million in revenue last year. In January 2021, she established her trucking brokerage and dispatching company, Traylor Transpo. Here's how Traylor built a million-dollar trucking company in a year. Yet Traylor encourages anyone interested in starting a trucking business not to be dissuaded by the market.

☆ Drinking is killing Russian troops, according to UK intel. Widespread alcoholism during the first Crimean War 150 years ago resulted in Russia's defeat.
▼ + stars: | 2023-04-12 | by ( Hannah Getahun | ) www.businessinsider.com time to read: +10 min

The Crimean War would become another example of the county's war drinking problem cataloged in the annals of Russian history. I don't think it's nearly as important nowadays, as it was during the Russo-Japanese War or World War One, but it's significant, right?" In an interview with Insider, Schrad expanded on the history of Russian drinking during wartime. A lot of it is the consequence of my research topic, which has been alcohol and Russian history. The Crimean War, the Russo-Japanese War, World War I, in particular, were all drunken fiascos.

☆ An incredibly rare bullish stock market indicator just flashed for the first time since 2019
▼ + stars: | 2023-04-10 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

An incredibly rare bullish stock market indicator just flashed, suggesting more upside ahead. The Zweig Breadth Thrust indicator flashed for the first time since 2019, according to Ryan Detrick of the Carson Group. That's according to Carson Group chief market strategist Ryan Detrick, who pointed out that the "extremely rare" Zweig Breadth Thrust Indicator just triggered. The last time the Zweig Thrust Indicator triggered was in early 2019. Meanwhile, the six-month forward average return after the Zweig Thrust Indicator triggered is 17%.

☆ 4 crew members who were promised a role in NBC's 'Bel-Air' speak out: 'I left my son for a year for nothing'
▼ + stars: | 2023-04-04 | by ( Eboni Boykin-Patterson | ) www.businessinsider.com time to read: +16 min

Four cast and crew members from the "Bel-Air" fan video were told they'd get hired for the TV show. Kerry Rounds, producer: 'I helped the fan trailer go viral and connected Cooper to Will Smith'I'm a film producer and social-media strategist. When the trailer was done and posted, I told Cooper I could call in some favors and get this thing seen. Cooper told me he'd pitched me for an executive role to NBC. When Kerry was still around for the project, things seemed to function more like a professional film set.

☆ A father whose 6-year-old son died was flooded with anti-vaxxer harassment. When a commenter baselessly claimed he killed his son, Facebook said he could 'hide' the comment 'if he didn't like it.'
▼ + stars: | 2023-04-01 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +6 min

Billy Ball lost his 6-year-old son due to a rare medical condition in January. Facebook and Twitter often took no action when the comments were reported, Ball said. But the father's social media feeds soon devolved into a cesspool of conspiracy theorists baselessly claiming that Ball killed his son by getting him vaccinated for COVID-19. One Facebook user managed to find his private account and commented on a random post that was a few years old. Ball reported the comment and, on March 2, received a message from Facebook support that told him that the comment did not violate "Community Standards."

☆ Americans love to buy more car than they need. It's making electric cars more expensive.
▼ + stars: | 2023-03-30 | by ( Alexa St. John | ) www.businessinsider.com time to read: +4 min

But Americans love SUVs and trucks, and they're going to have to pay for them in the near term. A lot of prospective EV buyers just haven't yet found the types of EVs they're looking for. They don't necessarily need more luxury electric sedans — they want the trucks and SUVs they're used to. A recent study found most car-buyers don't want to spend more than $50,000 to go EV, but they also want electric trucks and SUVs that inherently cost more. Bigger vehicles are often just more expensive, largely because they require bigger batteries — the most expensive part of these new EVs.

☆ UBS' dramatic takeover of Credit Suisse was the deal neither bank wanted. Here's some of the passive-aggressive digs from both sides.
▼ + stars: | 2023-03-20 | by ( Matt Turner | ) www.businessinsider.com time to read: +5 min

UBS acquired Credit Suisse in a rescue takeover over the weekend. But Credit Suisse didn't want to be rescued, and UBS didn't want to have to be the rescuer. For example, the first official word of the deal came from the Swiss National Bank, which announced: "UBS today announced the takeover of Credit Suisse." Next, Credit Suisse announced: "Credit Suisse and UBS to Merge." In 2019, after UBS announced Khan's hire, the chief operating officer at Credit Suisse ordered a colleague to spy on him.

☆ 8 questions with Instagram's 'it girl' Matilda Djerf, who started a $34 million fashion empire at 22 years old
▼ + stars: | 2023-03-16 | by ( Dorothy Cucci | ) www.businessinsider.com time to read: +6 min

Djerf co-founded the fashion brand Djerf Avenue in 2019; it made $34 million in sales last year. This Q&A is based on a conversation with Matilda Djerf, a 25-year-old influencer and founder of the fashion brand Djerf Avenue, which made $34 million in sales in 2022. "Apart from the creative and the design, I really didn't know what we were doing at first." Apart from the creative and the design, I really didn't know what I was doing at first. What are some of the biggest lessons you've learned since founding Djerf Avenue, and what are your ambitions for the brand?

☆ 2 Florida restaurants kept staff tips to cover dine-and-dash customers and illegally charged workers for their uniforms, the DOL says
▼ + stars: | 2023-03-13 | by ( Grace Dean | ) www.businessinsider.com time to read: +3 min

Two restaurants in Florida kept servers' tips to cover dine-and-dash customers, the DOL said. A total of $190,730 in back wages and liquidated damages was recovered for the workers, per the DOL. Employers are not allowed to keep staff tips under any circumstances under the Fair Labor Standards Act. The two restaurants – Red Mesa Restaurant and Red Mesa Cantina – had also deducted the cost of employees' uniforms from their wages, meaning that some were paid less than the minimum wage. Red Mesa Restaurant and Red Mesa Cantina also failed to pay the correct overtime rate of 1 ½ times workers' normal hourly pay for hours worked over 40 in a week.

☆ I'm a 34-year-old CEO who worked remotely from different cities for 5 months. I learned that a walk-in closet doesn't make a great office and I need at least 3 weeks to get to know a new place.
▼ + stars: | 2023-03-04 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +4 min

Roman Pedan founded short-term rental platform Kasa Living in 2016. He traveled the country for five months and stayed at Kasa properties while working remotely. Previously, my longest stint fully living in Kasa properties was a few months in 2021 when I was between moves. But most of the time you're working. Sometimes one of us was working in the walk-in closet while the other one was working in the kitchen area.

☆ Putin is too confident he can grind down Ukraine, CIA director says
▼ + stars: | 2023-02-26 | by ( ) www.cnbc.com time to read: +4 min

As the war in Ukraine enters its second year, CIA Director William Burns said Sunday that Russian President Vladimir Putin is being "too confident" in his military's ability to grind Ukraine into submission. That conversation, in which Burns warned of the consequences if Russia were to deploy a nuclear weapon in Ukraine, was "pretty dispiriting," Burns said. Burns said he judged Putin as "quite determined" to continue prosecuting the war, despite the casualties, tactical shortcomings and economic and reputational damage to Russia. "I think Putin is, right now, entirely too confident of his ability ... to wear down Ukraine," Burns told CBS' "Face the Nation" in an interview that aired Sunday. But Sen. Dan Sullivan, R-Alaska, said the White House has been slow in providing what Ukraine seeks, including jets.

☆ Supreme Court considers whether Twitter can be held liable for failing to remove terrorist content
▼ + stars: | 2023-02-22 | by ( Lauren Feiner | ) www.cnbc.com time to read: +5 min

The Supreme Court heard arguments Wednesday in a case that will help determine whether social media platforms can be held liable for aiding and abetting terrorism for failing to remove content and accounts promoting it. The case revolves around a specific international terrorist act, and contends that Twitter should be held accountable for not taking aggressive enough action against that content on its platform. Justice Elena Kagan at one point asked Waxman whether Twitter could be held liable if it actually didn't enforce any policy against terrorist content on its site. Justice Ketanji Brown Jackson asked if it would be illegal to sell Osama bin Laden a phone without knowing it would be used for a terrorist specific terrorist act. Schnapper said it would not be necessary to prove the phone was used for a specific terrorist act, because it "aids the terrorist enterprise."

I'm giving up my Chase Sapphire Reserve® and replacing it with the Capital One Venture X Rewards Credit Card. The Capital One Venture X Rewards Credit Card has a lower annual fee and excellent benefits. Read more: Capital One Venture X vs Chase Sapphire Reserve: Which premium rewards credit card is best for you? By and large, the $395 annual fee on the Capital One Venture X Rewards Credit Card makes it a good value. After all, my husband and I have more credit cards from Chase than any other issuer, including the Chase Sapphire Preferred® Card, Chase Sapphire Reserve®, Chase Freedom Unlimited®, Ink Business Preferred® Credit Card, Ink Business Cash® Credit Card, and Ink Business Unlimited® Credit Card.

Persons: Read, —, I'm, We're, cardholders, weren't, Hertz, there's Organizations: Chase, Capital, Service, Venture, One, Reserve, Capital One, Dallas, Fort Worth International, Denver International, Washington Dulles International, — Air France, KLM, Blue, British Airways, Air, Hertz, Sapphire, Ink Locations: DFW, Puerto Vallarta, Air France

☆ Jena Malone said her experience as a child actor in Hollywood was uniquely positive: 'My voice was heard, validated, respected'
▼ + stars: | 2023-02-19 | by ( Eboni Boykin-Patterson | ) www.businessinsider.com time to read: +3 min

Jena Malone was a successful child actor who still has a noteworthy Hollywood career at 38 years old. Unlike many young actors, she always felt respected and like she had an equal voice on sets. She's a recovering perfectionist whose experiences in Hollywood led to the "pretty decent" work ethic she has now. Malone said she went through "awkward times of transformation" like most kids, but Hollywood actually didn't make things worse. It taught me so much," she said, "My voice was heard, validated, respected — I was brought to the table.

☆ I quit my job at JPMorgan after entering a state of 'mental chaos.' Here's how I found a new career I'm passionate about.
▼ + stars: | 2023-02-10 | by ( Doris Lam | ) www.businessinsider.com time to read: +6 min

He quit finance after his dad passed away to try and recover from his state of "mental chaos." I really didn't have a burning passion for anything growing up. My family and I brainstormed for a different career path and ended up with economics because I was good at math. People always said that economics would lead to a good career in finance or consulting, so I was happy to give it a try. I shut myself away and didn't spend much time with my friends because I was in such a state of mental chaos.

Search resuls for: "Ally didn't"

25 mentions found