DIRS.INFO The most relevant business & tech news

☆ Boeing is in the ‘last chance saloon,’ says Emirates head Tim Clark
▼ + stars: | 2024-02-05 | by ( Hanna Ziady | ) edition.cnn.com time to read: +3 min

London CNN —Tim Clark, the president of Emirates, has joined a chorus of airline executives in warning that Boeing is running out of time to restore its reputation following a series of safety and manufacturing blunders. I’m sure Dave Calhoun and Stan Deal are on that,” he added, referring to Boeing’s CEO and head of commercial airplanes respectively. Clark isn’t the first airline boss to criticize Boeing since part of the fuselage of a 737 Max 9 blew out mid-flight in early January. Clark said that for the first time Emirates would send its own engineers to observe the production process of the 777 at Boeing and its supplier Spirit AeroSystems. “The fact that we’re having to do that is testament to what has happened,” he told the Financial Times.

Persons: Tim Clark, Clark, “ They’ve, Dave Calhoun, Stan Deal, Clark isn’t, Scott Kirby, ”, “ Will, Will, they’ve, Calhoun’s, that’s, —, Michael O’Leary, Brian West Organizations: London CNN, Emirates, Boeing, Financial, ” Emirates, CNBC, Alaska Airlines, Financial Times, “ Will Boeing, Will Boeing, CNN, Ryanair — Europe’s Locations: Alaska, Dubai, Indonesia, Ethiopia, Calhoun

Sales fell to $744 million in the second quarter, which company executives consider its most important quarter. That amounts to a 6% decline from a year ago and a whopping 34% fall from two years ago. New York-based Peloton lost 54 cents per share in the period and hasn't posted a quarterly per-share profit in three years. Peloton enjoyed incredible sales growth during the height of the coronavirus pandemic and its share price multiplied by more than five times in 2020 amid lockdowns. Last fall, Peloton and athletic wear maker Lululemon announced a five-year partnership with the interactive fitness company, becoming the exclusive digital fitness content provider for Lululemon, which became the primary athletic apparel partner to Peloton.

Persons: hasn't, Barry McCarthy, treadmills, John Foley, Lululemon Organizations: University of Michigan Locations: New York

☆ The CEO of FanDuel's owner Flutter explains how its US stock debut could boost its edge over rivals like DraftKings and why it thinks of itself as a media business
▼ + stars: | 2024-01-31 | by ( Ashley Rodriguez | ) www.businessinsider.com time to read: +6 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. "It's a great opportunity to bring the world's leading sports betting and gaming business to the world's leading capital market." AdvertisementJackson said he believes the US listing will help the company win media attention and new investors. DraftKings narrowly edged out in August FanDuel's market-share lead in the broader online gambling space that includes casino-style games, per EKG. "FanDuel is undoubtedly a media business," Jackson said.

Persons: —, Peter Jackson, Jackson, Paddy Power, it's, DraftKings, FanDuel, Pat McAfee, Charles Gillespie, Chad Beynon, Beynon Organizations: Service, New York Stock Exchange, Wall, Business, PokerStars, London Stock Exchange, Krejcik, Penn, ESPN Bet, Media, TVG, Gambling.com Group, Macquarie, Wall Street, Rush Street Interactive, Caesars Entertainment, Genius Sports, Research, Jefferies Locations: New York, London, Europe, Sportsbet, Australia, America, Sands

TOKYO (AP) — Japanese transport officials raided a Toyota-affiliated plant Tuesday after the company admitted to cheating on engine testing, as Toyota Motor Corp. reported it sold over 11 million vehicles in 2023 to retain its status as the world’s top car manufacturer. In April, a whistleblower exposed that Daihatsu Motor Corp., which makes small cars and is 100% owned by Toyota, had been cheating on its testing for decades. In 2022, Hino Motors, a truck maker that’s also part of the Toyota group, said it had systematically falsified emissions data dating back as far as 2003. But production has been halted on some of the models, including the 10 models affected by the latest cheating. Sato has acknowledged Toyota group companies need better communication and education about the importance of complying with rules.

Persons: Akio Toyoda, ” Toyoda, Toyoda, Sakichi Toyoda, Kiichiro Toyoda, Akio’s, Koji Sato, that’s, Sato, Daisuke Uchida, ” Uchida, “, ” ___ Yuri Kageyama Organizations: TOKYO, Toyota, Toyota Motor Corp, Toyota Industries Corp, Lexus, Volkswagen AG, Reporters, Daihatsu Motor Corp, Hino Motors, Nikkei, Toyota Industries, Cruiser, General Motors Co, Pontiac, Keio University Locations: Hekinan, Aichi Prefecture, Japan, Nagoya, Tokyo, Europe, East, Africa, Asia, North America, United States, California

☆ Some baby brands have a cult-like following. Kyte Baby’s went sour
▼ + stars: | 2024-01-27 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +7 min

Hobbs says she owns 120 pieces of bamboo fiber baby pajamas, which can run from $32 to $38 for brands such as Bums & Roses, Posh Peanut and Kyte Baby. Courtesy Emilee HobbsThere are a number of bamboo clothing brands. The swift backlash to Kyte Baby was just as strong as its fans’ devotion had been. One person filmed themselves flinging away a Kyte Baby onesie into the snow in protest to ’N Sync’s “Bye Bye Bye.” Others said they would be selling their Kyte Baby items. A “Sienna Woodland" footie from bamboo clothing brand Kyte Baby.

Persons: New York CNN — Emilee Hobbs, Hobbs, Kyte, “, ” Hobbs, ‘, ” Emilee Hobbs, ”, Emilee, Momfluencers, Kyte Baby, Ying Liu, onesie, isn’t, it’s, Jacqueline Babb, ” Babb, TikTok, Instagram, Son, she’s, ” Son, Sleepies, Brands, Babb, “ I’ve, It’s, CNN’s Eva Rothenberg Organizations: New, New York CNN, Northwestern University, Facebook, Inc, Business Locations: New York, Georgia, sienna, Arkansas, United States, Kyte

☆ Mental Acuity Questions Catch Up With Trump
▼ + stars: | 2024-01-26 | by ( Susan Milligan | ) www.usnews.com time to read: +9 min

"Some people at Biden's and Trump's age are in a nursing home. Still, questions about the mental capacities of both Biden and Trump have been an issue in the campaign. How could they go after Trump's mental state without drawing attention to Biden's age – a factor polls show is one of his greatest vulnerabilities? Her youth and GOP membership make her a good person to challenge Trump on his mental acuity, but it's "too little, too late," he says. "The reason Trump's age has generally not been an issue is [because of] the energy around his supporters and the energy directed at him from his supporters.

Persons: Donald Trump, –, Joe Biden, Trump, Biden, It's, Steven Austad, Biden's, …, Joe, missteps, He's, Viktor Orban, Orban, Barack Obama, Obama, you'd, John Gartner, Trump's, Gartner, Trump –, Goldwater, Barry Goldwater, Donald Jurivich, Jurivich, Ronald Reagan, Reagan, Nikki Haley, Nancy Pelosi, Haley, I’ve, ” Haley, let’s, Donald, Basil Smikle, Smikle, Melody Crowder, Meyer, " Crowder Organizations: United Nations, Capitol, ABC, Washington Post, Biden, University of Alabama, Conservative, Fox News, New York Post, New Hampshire, Johns Hopkins University, Gartner, American Psychiatric Association, Donald Trump View, University of North Dakota School of Medicine & Health Sciences, GOP, Democratic, Columbia University, Davidson College, Trump Locations: Biden's, Hungarian, Turkey, Baltimore, United States, South Carolina

☆ TikTok's Lunden and Olivia Stallings are straight people's favorite lesbian couple. What do they owe queer fans?
▼ + stars: | 2024-01-25 | by ( Kate Taylor | ) www.businessinsider.com time to read: +29 min

Lunden and Olivia told me their mission as influencers was to "represent and inspire others to be their authentic self." Advertisement"I did feel represented by them," Asia said, but the tweets "showed me that they are still white women." "We are especially confident in our sexuality and the way that we feel and who we are," Olivia told me. Lunden and Olivia told me they want to advocate for all LGBTQ+ people, including those who don't look like them. It's a chance, the couple told me, to combat the hate and negativity LGBTQ+ parents face.

Persons: Lunden Stallings, Olivia Bennett, Monique Lhuillier, Lunden, Taylor Swift, Stallings, David Yurman, preppy, Olivia, TikTok, Kendrick Brinson, who's, you've, Madison Mathews, sunnies, peck, they'd, Brooklynites, Remington, Zeta Tau, Olivia DMed Lunden —, Justin Bieber, snapbacks, haven't, Lunden's, Ellie Goulding's, Olivia couldn't, Caroline Bayne, Lunden's TikTok, Zara, Mercedes, Sophie, It's, Jackie J, Jackie, There's, Bud Light, Dylan Mulvaney, influencers, They've, KenzKustomz, Krysten Stein, Black influencers, Stein, Hill, millennials Organizations: Naylor, People, Business, Alabama, Chevrolet, New York Post, Daily Mail, Madison, University of Central, Jacksonville State University, Zeta Tau Alpha, University of Alabama's, University, Minnesota, BI, Braves, Rover, Pride, Nielsen, Saks, University of Illinois Locations: Roswell , Georgia, Asia, Olivia, Charleston, LoveShackFancy, Powder Springs , Georgia, Atlanta, Blytheville , Arkansas, University of Central Arkansas, Alabama, Roswell, Austin, RushTok, Alpharetta, Charleston , South Carolina, Southern, Publix, Fayetteville , Arkansas, University of Illinois Chicago

☆ A Colorado pastor accused of pocketing $1.3 million in cryptocurrency scam says the Lord encouraged him to use funds for a home remodel
▼ + stars: | 2024-01-24 | by ( Hannah Getahun | Jessica Orwig | ) www.businessinsider.com time to read: +6 min

Regalado also said the Lord told him to use investor funds to remodel his home. Related stories"It was last October '21 that the Lord brought this cryptocurrency to me," Regalado told his congregation over video broadcast, per court documents. AdvertisementRegalado addressed why he valued the coins at 10 times the amount: The Lord told him to. I really believe you're going to see a miracle in very short order," Regalado told investors in a video call, per the lawsuit. The lawsuit claims the Regalados told investors they were sowing this money into charitable causes.

Persons: Eli Regalado, Regalado, —, Kaitlyn Regalado, Tung Chan, Chan, God, Kaitlyn, Grace, Regalados, INDXcoin, …, David Goldberg Organizations: Service, Court, Colorado Securities, Colorado Department of Regulatory, IRS, Business, Wealth, Wealth Exchange, Rover Locations: Colorado, Denver, INDXcoin

☆ The 7 stages of breaking the cycle of family abuse — and how to avoid common pitfalls
▼ + stars: | 2024-01-23 | by ( Julia Pugachevsky | ) www.businessinsider.com time to read: +7 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Dr. Lindsay C. Gibson , a clinical psychologist specializing in emotionally immature parents , told Business Insider that one of the biggest challenges of breaking the cycle of abuse is taking your childhood pain seriously. She shared some of the common stages her clients go through, and why breaking the cycle is worth all the time, work, and effort it takes. She's had clients come into sessions where they told their parents how they really felt, without preparing beforehand. Once you get used to noticing how you feel and start demanding better for yourself, it will dramatically alter how you interact with people.

Persons: —, you've, Lindsay C, Gibson, She's, lobbing Organizations: Service, Business

☆ Perfectionism can hold your kids back—a psychologist shares her No. 1 solution for parents
▼ + stars: | 2024-01-23 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +1 min

Striving for perfection might seem like a positive trait, among kids and adults alike. But perfectionism doesn't make your children any more likely to become successful adults, research shows — and it's a contributing factor to mental health issues like anxiety and low self-esteem. Her advice for the parents of perfectionists: Help your kids reframe how they think about mistakes. Learning to accept mistakes and view them as learning opportunities can help keep those missteps from becoming the source of added stress or depression, she says. "A perfectionist is trying to be effective, successful [and] to do well ... You can be more confident in that desired outcome if you have opened yourself up to feedback and testing and prototyping along the way," Butler says.

Persons: Allison Butler, Butler Organizations: Innovation, Bryant University, CNBC

And the DeSantis campaign made many of them, his advisers, allies and supporters have acknowledged to CNN in interviews. Republican presidential candidate and Florida Governor, Ron DeSantis, speaks during a campaign event in Hampton, New Hampshire, on January 17, 2024. Michael Reaves/Getty Images DeSantis and his wife, Casey, have three children: from left, daughters Mamie and Madison and son Mason. But that approach was rejected by the woman who would be announced as DeSantis’ campaign manager, Generra Peck. And yet, in the face of this overwhelming rejection of his pitch to Make America Florida, DeSantis refused to change gears.

Persons: Ron DeSantis steeled, Donald Trump, DeSantis, Trump, “, Nikki Haley, Trump hadn’t, ” DeSantis, Elon Musk, ”, Curt Anderson, Alex Castellanos, Ron DeSantis, Joseph Prezioso, It’s, Casey, God, Rupert Murdoch’s, Will Lanzoni, Jane, Zuma Press DeSantis, Dunedin High School DeSantis, US Navy DeSantis, John Boehner, Charles Dharapak, Bill Clark, Tom Williams, Trey Gowdy, Al Drago, Zack Wittman, Patrick Farrell, Andrew Gillum, Chris O'Meara, Jeff J Mitchell, Stephen M, Dowell, Chris Kleponis, Lynne Sladky, Steve Cannon, Fernando Medina, Deborah Birx, Doug Mills, Kimberly Guilfoyle, Saul Loeb, Madison, Tori Lynn Schneider, Vera Leip, Joe Raedle, Michael Reaves, Mamie, Mason, WFTS DeSantis, Joe Biden, Hurricane Ian, Charlie Crist, Marco Bello, Reuters DeSantis, Sophie Park, Jordan Gale, –, Stormy Daniels, Jeff Roe, Ken Cuccinelli, Roe, scrappy, Ken Griffin, bankroll DeSantis, Griffin, Dana Bash, Generra Peck, Musk, ” Donors, Peck, Christina Pushaw, Bryan Griffin, Hugh Hewitt, Scott Olson, Ryan Tyson, Zuckerbucks, Kim Reynolds, Reynolds, Iowa –, Anna Moneymaker Organizations: CNN, Trump, New, GOP, Former South Carolina Gov, Christian Broadcasting Network, Elon, Republican, “ JV, ”, Politico, Florida Governor, Getty, Republican Party, New York Post, Disney, Florida Gov, Little League Baseball, Petersburg Times, Zuma Press, Dunedin High School, Yale University, US Navy, Navy, General's Corps, District, DeSantis, First, Bloomberg, Miami Herald, Tribune, Service, Democratic, Orlando Sentinel, White, Orlando Magic, NBA, Coronavirus, New York Times, Tallahassee Democrat, USA, Conservative Political, Conference, University of South, Reuters, Iowa State University football, PAC, “, Fox News, Florida, Central Bank Digital Currency, Iowa, Gov, “ Iowa Republican, Republicans Locations: Iowa, Florida, New Hampshire, Hawkeye, Hampton , New Hampshire, AFP, Wally's, Jacksonville , Florida, Dunedin , Florida, Windsor, V, St, Florida's, Tampa , Florida, Orlando, Jacksonville, Sanford , Florida, Tallahassee , Florida, Tallahassee, Pompano Beach , Florida, Miami, Surfside , Florida, University of South Florida, Covid, Tampa, Bedford, Bedford , New Hampshire, Ames , Iowa, New York, Dunedin, Newton , Iowa, Park City , Utah, Tennessee, South Carolina, Trump, Des Moines, West Des Moines , Iowa, Myrtle Beach, “ Iowa, America Florida

"We're going to win Iowa," DeSantis declared on NBC's "Meet the Press" on Dec. 2. NBC News reached out to both the DeSantis campaign and Never Back Down for comment for this piece. 'I knew they were stupid'DeSantis' presidential campaign was a mess from the moment it launched. "What harmed the campaign the most off the bat was that it didn't have a clear purpose and message," a former DeSantis campaign staffer said. "The blunt truth is that DeSantis' presidential campaign was sabotaged through early incompetence in Tallahassee," the person said.

Persons: Ron DeSantis, Brendan Mcdermid, DeSantis, Scott Wagner, Wagner, Nikki Haley, Trump, Haley, Jordan Wiggins, Donald Trump, —, Donald Trump —, Elon Musk, Ron, Generra Peck, Ryan Tyson, Christina Pushaw —, Bill Mitchell, Mitchell, Peck, …, Ken, Ken Griffin, Griffin, I'm, Jeff Roe, Roe, Hugh Hewitt, dethrone Trump, it's, Jess Szymanski, we've Organizations: Florida Gov, Republican, Reuters, PAC, Iowa, NBC, New, Trump, NBC News, Gov, DeSantis, Fox News, United Nations, Republican Party, Trump GOP, Twitter, Federal, Commission, Florida GOP, of Justice, Roe, South, Tallahassee Locations: Florida, Iowa, West Des Moines , Iowa, Reuters Iowa, New Hampshire, DeSantis, New York, Tallahassee, South Florida, Iowa , New Hampshire, South Carolina

LOS ANGELES (AP) — A Southern California man was sentenced Friday to two life sentences to run concurrently, plus 30 years, for blowing up his ex-girlfriend’s spa business with a package bomb in 2018, killing her and seriously injuring two others. Beal, a partner in the business, was jealous Krajnyak had been dating someone else after their 18-month relationship ended, prosecutors said. Beal was arrested shortly after the explosion on a single charge of possessing an unregistered destructive device but was never officially named as a suspect in the blast in the days that followed. The charge was dropped after prosecutors questioned whether material found at his Long Beach home constituted a “destructive device.” Beal claimed that explosive material found at his house was for his model rockets. Beal also was found guilty of malicious destruction of a building resulting in death, use of a destructive device during and in relation to a crime of violence, and possession of an unregistered destructive device.

Persons: Stephen Beal, Ildiko Krajnyak, Beal, —, Krajnyak, ” Beal, Beal's, Craig Harbaugh Organizations: ANGELES Locations: Southern California, Aliso Viejo, Los Angeles, Hungary, Long

☆ Why Calvin Klein ads still get people talking
▼ + stars: | 2024-01-18 | by ( Joan Kennedy | ) edition.cnn.com time to read: +9 min

The strategy was classic Calvin Klein, a brand which has been synonymous with sexy, conversation-starting campaigns since the 1970s. From Calvin KleinBut the White ads were just the start of the headlines for Calvin Klein. Adorning a New York City phonebooth, Mark Wahlberg is seen in a 1992 Calvin Klein campaign. Meanwhile, no one besides the ASA seems to be admonishing Calvin Klein over the FKA Twigs ads. For Calvin Klein, both sets of ads are an example of that old adage — there’s no such thing as bad publicity.

Persons: CNN —, Jeremy Allen White’s, Calvin Klein, —, Calvin, White, Bottega, Kendall Jenner, FKA, “, Milan Jaros, Kate Moss, Brooke Shields, innuendos, Mark Wahlberg, Eva Mendes, ”, Matt Kissane, Landor, Calvin Klein’s, Moss, Wahlberg, Marky Mark ”, Justin Bieber’s, Justin Bieber's Calvin Klein, Stacy Walsh Rosenstock, he’s, popstar Rosalía, Amy Kommatas, Jenner, Hadid, Allen Adamson, Alas, Adamson, Henry McGee, Launchmetrics, Jeremy Allen White, “ They’ve Organizations: The, Fashion, CNN, Authority, Standards Agency, Standards Authority, ASA, Bloomberg, Getty, Hulu, Business, US Justice Department Locations: SoHo, Prague, Czech Republic, Zara, York's, Los Angeles, New York City

☆ What activist investor Nelson Peltz can bring to the board of underperforming Disney
▼ + stars: | 2024-01-18 | by ( Paulina Likos | ) www.cnbc.com time to read: +5 min

Trian officially nominated Peltz and former Disney CFO Jay Rasulo as directors for consideration at the company's upcoming annual meeting. Trian oversees about $3 billion worth of Disney stock. The board oversight is awful," the activist investor told Jim, who agrees. In March 2018, Peltz joined the board of Procter & Gamble — a relationship that led to market share gains and improved financial performance. Peltz has been pushing Disney board representation since the beginning of 2023 .

Persons: Trian, Nelson Peltz, Peltz, Jay Rasulo, Disney, Morgan Stanley, James Gorman, Ike Perlmutter's, Bob Iger, Jim, we've, Procter & Gamble, there's, Iger, Bob Chapek, Jim Cramer's, Jim Cramer, David A Organizations: Trian Partners, Disney, Marvel Entertainment, missteps, CNBC, ESPN, DIS, Procter &, Netflix, Alpha, Grogan Locations: New York

Sheryl Sandberg, who helped to transform Facebook from a tech startup into a digital advertising empire, will step down from the board of Meta, Facebook's parent company. She had served as COO of Facebook, and then Meta, for 14 and a half years and as a board member for 12 years. Last year Sandberg announced that she was launching a girls leadership program through her foundation to respond to what she calls stubborn gender inequities. The girls leadership program includes a middle-school curriculum as well as resources for adults. Lean In is a project of the Sandberg Goldberg Bernthal Family Foundation, the private foundation Sandberg started with her late husband, Dave Goldberg.

Persons: Sheryl Sandberg, ” Sandberg, Sandberg, Mark Zuckerberg, Javi Olivan, Justin Osofsky, Nicola Mendelsohn, Sandberg Goldberg, Dave Goldberg Organizations: Facebook, Meta, Google, Mark's, Foundation

☆ Somali president’s son convicted for fatal collision in Turkey, but spared jail time
▼ + stars: | 2024-01-17 | by ( Scott Mclean | ) edition.cnn.com time to read: +7 min

CNN —The son of Somalia’s president was convicted in an Istanbul courtroom but spared jail time over a collision that killed a motorcycle courier in the city, in a case that has drawn anger and demands for justice across Turkey. Iyaz Cimen, the lawyer representing Gocer’s family, told CNN that his clients had agreed to drop their formal complaint against Mohamud. Cimen, the lawyer representing Gocer’s family, told CNN in December that Mohamud had left the country on December 2, before the warrant was issued. President Mohamud told the AP he was sorry for Gocer’s family for his loss, and said that he has advised his son to go back to Turkey for court proceedings. Last month, he told CNN Turk that his client was not speeding or under the influence of alcohol or drugs at the time of the collision.

Persons: Hassan Sheikh Mohamud, ”, Yunus Emre Gocer, Mohamud, Iyaz Cimen, Gocer, Cimen, Ekrem Imamoglu, Yilmaz Tunc, “, Musaeed Ahmed Musaeed Hussein, Yemen’s, Ahmed Musaeed Hussein, Hussein, Pakize Ozer, CNN Turk, Ozer, Kerim Bahadır Organizations: CNN, TRT Haber, TRT, Mohamud, BMW, Traffic, Department, Forensic Medicine Institute, ” CNN, Associated Press, AP, Anadolu Locations: Istanbul, Turkey, Turkish, Istanbul’s, Somali, Ankara, Anadolu, “

Carroll attorney Shawn Crowley complained about Trump’s audible commentary just before the first break in the trial, after the jury had been excused. Trump, I hope I don’t have to consider excluding you from the trial.”Trump threw up in his hands in protest. “Now look, Ms. Habba,” Kaplan said as Habba began to read from the transcript. One major difference between this trial – a civil trial in federal court – and the Trump Org. civil fraud trial in New York state court is that Trump does not have easy access to a camera at the federal courthouse where the civil defamation trial is taking place.

Persons: Donald Trump, Judge Lewis Kaplan, Jean Carroll, ”, Trump, Carroll, Shawn Crowley, Kaplan, Crowley, Mr, ” Kaplan, “ Mr, ” Trump, “, Judge Arthur Engoron, Engoron, Alina Habba, Elizabeth Williams, she’s, ” Carroll, Carroll’s, brutually, Habba, Michael Madaio, Madaio, there’s, ” Habba, “ We’re, What’s, where’s Trump Carroll, –, he’s, – “, He’s Organizations: CNN, Trump, Federal, New York Magazine, Twitter, Facebook, Trump Org Locations: New York, New Hampshire, Florida

☆ DeSantis allies dish on why his campaign spiraled: 'Ron is the smartest guy in the room. Everyone else is an idiot.'
▼ + stars: | 2024-01-16 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +3 min

"The DeSantis campaign was too much of a DeSantis fan club," a former consultant told The Messenger. Ron DeSantis' former aides and allies are already writing his presidential campaign's obituary. "The DeSantis campaign was too much of a DeSantis fan club," one consultant said. I'm gonna do Trump this time and do you next time,'" DeSantis told NBC News' Dasha Burns. AdvertisementA representative for DeSantis' campaign did not immediately respond to Business Insider's request for comment.

Persons: Ron DeSantis, —, DeSantis, Donald Trump's, Nikki Haley, Ron, Haley, Dasha Burns, Trump Organizations: Service, New, NBC News, Republicans, PAC Locations: Florida, Iowa, Trump, New Hampshire

☆ Goldman Sachs Sticks the Landing at End of Tumultuous Year
▼ + stars: | 2024-01-16 | by ( Rob Copeland | More About Rob Copeland | ) www.nytimes.com time to read: +1 min

Goldman Sachs on Tuesday reported its second consecutive quarter of steady profits, a return to form for the bank that has struggled with management missteps that tarnished its once untouchable reputation on Wall Street. The bank’s fourth-quarter profit of $2 billion was roughly equal to what it earned in the third quarter, but that was a sign of accomplishment. Helping the bottom line: Goldman cut 3,200 employees over the course of 2023, a 7 percent trim in its head count. Goldman’s stock rose about 2 percent , bringing the gain to roughly 10 percent gain over the past year. But shares are still lower than their 2021 peak and the bank’s full-year profit of $8.5 billion last year was the lowest since 2019.

Persons: Goldman Sachs, Goldman

☆ We're raising our Morgan Stanley price target despite the stock's post-earnings decline
▼ + stars: | 2024-01-16 | by ( Zev Fima | ) www.cnbc.com time to read: +9 min

Morgan Stanley on Tuesday morning reported an adjusted earnings-per-share beat. MS 1Y mountain Morgan Stanley 1 year Shares of Morgan Stanley were on a five-session losing streak with Tuesday's post-earnings 5% decline. However, Morgan Stanley — and for that matter, Wells Fargo — saw their stocks surge into the end of 2023. Asset management revenue increased 6% from last year, reflecting higher asset levels and the impact of positive fee-based asset flows. Ted Pick, co-president of Morgan Stanley, speaks during a Bloomberg Television interview in New York, US, on Thursday, Oct. 26, 2023.

Persons: Morgan Stanley, Wells Fargo, Morgan Stanley's, Morgan Stanley —, Ted Pick, Morgan Staley, ROTCE, it's, Morgan, Morgan Stanley repurchased, Jim Cramer's, Jim Cramer, Jim Organizations: Revenue, Bloomberg, Federal Deposit Insurance Corporation, Silicon Valley Bank, Morgan, Wealth Management, Investment Banking, FDIC, Institutional Securities, Investment, Equity, Morgan Stanley's Wealth Management, Investment Management, Asset, Capital, CNBC, Bloomberg Television, Getty Locations: Silicon, Wells Fargo —, U.S, New York

☆ Opinion: Trump bests DeSantis and Haley. How their backers see his Iowa win
▼ + stars: | 2024-01-16 | by ( Opinion Cnn Contributors | ) edition.cnn.com time to read: +8 min

That explains why Trump got about half of all the Republican votes in Iowa, leaving DeSantis far behind. That should tell you a lot about Iowa voters, but enough of them also voted for DeSantis and Haley. When I spoke to the Haley campaign early Monday morning, before the Iowa caucuses had begun, they said they were shifting toward Trump, seemingly writing DeSantis off as their closest threat. DeSantis himself said last week that his finish in Iowa could “upend” Trump’s lead in the GOP primary. Join us on Twitter and FacebookAnd as one DeSantis campaign committee member said, “a close second would be a successful outcome,” and “third place is not good.”Needless to say, DeSantis did not win.

Persons: Donald Trump’s, Ron DeSantis, Patrick T, Brown, Donald Trump, Michael Brendan Dougherty, Christopher Rufo, DeSantis didn’t, I’d, Elon Musk, Semafor’s David Weigel, dinging Trump, It’s, Trump, Nikki Haley, Haley, George W, she’s, Nikki Haley wasn’t, They’re, Ron DeSantis ’, MAGA, Joe Biden’s, ”, She’ll, DeSantis, Kim Reynolds, “, it’s Haley Organizations: CNN, Florida Gov, Republican, Manhattan Institute, Twitter, Elon, Trump, Republican Party, Public Policy Center, South Carolina Gov, Iowa Republicans, Iowa, DeSantis, Iowa Caucus, Iowa Gov, GOP, Facebook, New Hampshire Locations: Iowa, Florida, America, New Hampshire, Washington ,, New

☆ Goldman Sachs tops revenue estimates on better-than-expected asset management results
▼ + stars: | 2024-01-16 | by ( Hugh Son | ) www.cnbc.com time to read: +4 min

Goldman Sachs on Tuesday posted fourth-quarter results that topped analysts' expectations on better-than-expected asset and wealth management revenue. Companywide revenue rose 7% to $11.32 billion on growth from asset and wealth management and platform solutions divisions. The growth engine for the bank, according to Solomon, is now its asset and wealth management division, which is benefiting from the rise in private credit and other alternative assets. Asset and wealth management revenue jumped 23% from a year earlier to $4.39 billion, topping the StreetAccount estimate by nearly $550 million, on higher revenue from equity and debt investments and rising management fees. Equities trading revenue jumped 26% to $2.61 billion, thanks to derivatives activity and financing fees, topping the $2.22 billion StreetAccount estimate.

Persons: Goldman Sachs, wasn't, LSEG Goldman, Goldman, David Solomon, Solomon, outsized, Morgan Stanley, Wells Fargo Organizations: LSEG, LSEG ., Investment, Wall, JPMorgan Chase, Bank of America, Citigroup, CNBC PRO

Ambassador Nikki Haley failed last month to mention slavery as the root cause of the Civil War. “Let me be clear, for those who don’t seem to know: Slavery was the cause of the Civil War,” he said. Chris Christie, who suspended his campaign on Wednesday, referenced the Civil War with a word of caution to Republican voters. The last time they were that relevant was the Civil War — which we know was caused by slavery,” Christie said. The intra-party jabs echo a broader debate over the legacy of the Civil War for policymaking today.

Persons: Ron DeSantis, Nikki Haley, Donald Trump, “, ”, Jeff Kaufmann, Joe Biden’s, Biden, Kamala Harris, DeSantis, Kaufmann, Abraham Lincoln, Paul Peterson, Peterson, Haley, Carolina Sen, Tim Scott, —, Chris Christie, Benjamin Franklin, Christie, ” “ Benjamin Franklin’s, ” Christie, Eric Foner, Geoff Kabaservice, Kabaservice, ” Foner, ____ Matt Brown Organizations: WASHINGTON, —, Republicans, Florida Gov, GOP, Party of, Reconstruction, ” Iowa Republican, Republican, Mother Emanuel AME Church, Florida Republicans, Iowa GOP, Republican Party, Education, Harvard University, Democrats, Trump, Former New Jersey Gov, Columbia University, Niskanen, AP Locations: Florida, Party of Lincoln, Iowa, Charleston , South Carolina, Carolina, “, America, American

☆ Good news, millennials: The 'Mean Girls' remake won't actually make you feel old
▼ + stars: | 2024-01-12 | by ( Olivia Singh | ) www.businessinsider.com time to read: +5 min

Read previewAs it turns out, millennials can sit with the new "Mean Girls." But contrary to the marketing that made millennials feel ancient, the new "Mean Girls" isn't trying to push its thirtysomething viewers in front of a bus. The trailer called millennials old to their faces in a bold, pink-lettered declaration: "This isn't your mother's 'Mean Girls.'" Her talent is indisputable and can easily be recognized and appreciated by a member of any generation who finds themselves in a theater showing "Mean Girls" this winter. Thankfully, making a "Mean Girls" movie that isn't for millennials is just as impossible as making fetch happen — but the fact that they ever tried to still isn't grool.

Persons: —, millennials, Reneé Rapp, Regina George, Angourie Rice, Cady Heron, Z, Vandanapu, Karen Shetty, Renee Rapp, Bebe Wood, Gretchen Wieners, Jojo Whilden, Gen Z, Cravalho, Janis, Imi'ike, Christopher Briney, Aaron Samuels, Rapp, Regina, Rapp's, Jaquel Spivey, Damian Hubbard, Auli'i Cravalho, Tina Fey's, Fey, Gretchen, Christina Aguilera's, Karen Organizations: Service, Business, Shore, Plastics, Paramount, Broadway, College Locations: Regina

Search resuls for: "Missteps"

25 mentions found