DIRS.INFO The most relevant business & tech news

☆ My mother-in-law and I only started getting along after my husband died. I knew I had to take care of her.
▼ + stars: | 2024-09-23 | by ( Alison Pena | ) www.businessinsider.com time to read: +4 min

Read previewI promised my husband David that after he lost his battle with cancer, I would care for his mom. My mother-in-law and I had a complicated relationship, fighting for David's time and attention for 25 years. AdvertisementOur relationship is a giftWhen Joy gets frustrated or angry, I am the one who won't leave her. In the middle of the pandemic, Joy called me three times to say she was lost in Times Square. Practical chores include grocery shopping, laundry, cleaning up, helping Joy change, taking her to appointments, and paying bills all fall on me.

Persons: —, David, Joy, dentures, Omar Organizations: Service, Business Locations: New York City

☆ Stocks making the biggest moves premarket: Intel, Pinterest, Palantir and more
▼ + stars: | 2024-09-23 | by ( Sean Conlon | ) www.cnbc.com time to read: +2 min

CNBC confirmed on Friday that Qualcomm had recently approached Intel about a takeover. Ciena – The networking software maker added more than 4% after a double upgrade by Citigroup to buy from sell cited an improving landscape in the broader telecommunications/cable industry. The bank sees bookings growth heading into next year. The bank sees an increasing relevance of the platform among users and expects strong revenue growth over the next few years. Palantir – The maker of software platforms to help companies analyze data declined more than 1%.

Persons: Ciena, Morgan Stanley, Palantir, Raymond James, Harlan Sur, —, Samantha Subin, Sarah Min, Pia Singh Organizations: Intel, Apollo Global Management, Bloomberg, CNBC, Qualcomm, Citigroup, Constellation Energy, Microsoft, Deutsche Bank, General Motors, Chevrolet, Micron Technology, JPMorgan Locations: Pennsylvania, The Boise , Idaho

☆ Germany’s coalition government is ‘absolutely creaking at the seams,’ RUSI fellow says
▼ + stars: | 2024-09-23 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGermany’s coalition government is ‘absolutely creaking at the seams,’ RUSI fellow saysJohn Kampfner, author of “In Search of Berlin” and a fellow at the Royal United Services Institute, discusses Germany’s political and economic outlook.

Persons: RUSI, John Kampfner Organizations: Berlin, Royal United Services Institute

☆ Pa. health system agrees to $65 million settlement after hackers leaked nude photos of cancer patients
▼ + stars: | 2024-09-23 | by ( Sean Lyngaas | ) edition.cnn.com time to read: +4 min

CNN —A Pennsylvania health care system this month agreed to pay $65 million to victims of a February 2023 ransomware attack after hackers posted nude photos of cancer patients online, according to the victims’ lawyers. Eighty percent of the $65-million settlement is set aside for victims whose nude photos were published online. The ransomware attack “was limited to the network supporting one physician practice located in Lackawanna County,” the Lehigh statement continued. A February ransomware attack on a major health insurance billing firm cut off health providers from billions of dollars and put some health clinics on the brink of bankruptcy. A full-scale ransomware attack on a health care provider has many costs aside from potential lawsuits, from rebuilding computer systems to retaining legal counsel, Henderson said.

Persons: Saltz Mongeluzzi, ”, Carter Groome, ” Groome, “, Max Henderson, Henderson Organizations: CNN, Health, Lehigh Valley Health Network, Lehigh, Biden Locations: Pennsylvania, Lehigh, Lackawanna County

☆ Katie Stockton has an under-the-radar way to play the comeback in wheat and other soft commodities
▼ + stars: | 2024-09-23 | by ( Katie Stockton | ) www.cnbc.com time to read: +8 min

—Katie Stockton with Will Tamplin Access research from Fairlead Strategies for free here . Fairlead Strategies Disclaimer: This communication has been prepared by Fairlead Strategies LLC ("Fairlead Strategies") for informational purposes only. Securities, investment products, other financial products or strategies discussed herein may not be suitable for all investors. The recipient of this information must make its own independent decisions regarding any securities, investment products or other financial products mentioned herein. This material is not to be reproduced or redistributed absent the written consent of Fairlead Strategies.

Persons: CTVA, Katie Stockton Organizations: Invesco DB Agriculture Fund, Wheat, CNBC, NBC UNIVERSAL, Fairlead, CNBC Pro, Securities Locations: CTVA

☆ When I quit my corporate job, I made many mistakes and almost burned bridges. Here's what you should do instead.
▼ + stars: | 2024-09-23 | by ( Georgie Tzintzis | ) www.businessinsider.com time to read: +5 min

I wanted to quit my corporate job — and fast. All of this prompted me to quit my job in the worst way possible. My actions created discomfort at the officeLater that day, my boss sent an email to everyone detailing my resignation. Instead, I lied, which any boss would be able to see through, and that created distrust in those last four weeks. I didn't burn any bridges, but there was a sour taste left in both our mouths.

Persons: —, could've Organizations: Service, Business

☆ Here are Monday's biggest analyst calls: Nvidia, Apple, Tesla, Pinterest, Palantir, Microsoft, Nike, Meta & more
▼ + stars: | 2024-09-23 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

"We are initiating coverage of enterprise planning and 'Office of the CFO' software provider OneStream (OS) with an Outperform rating and $38 target price." Deutsche Bank initiates Pinterest at buy Deutsche called Pinterest an "under-monetized, scaled, increasingly personalized 'digital catalog' that attracts an affluent, high purchase-intent user base." "We initiate coverage of Pinterest, Inc. with a Buy Rating and a $43 Price Target." "We initiate coverage on FLUT with a Buy Rating and $270 PT." JPMorgan adds Nike to negative catalyst watch list The bank is sticking with its neutral rating but is negative heading into earnings on October 1 for Nike.

Persons: Bernstein, it's bullish, Morgan Stanley, Piper Sandler, Piper, TD Cowen downgrades, Cowen, Goldman Sachs, Goldman, Raymond James downgrades Palantir, Raymond James, Dr Pepper, Wells, Tesla, it's, bullish, Coreweave, Davidson, Needham, Truist Organizations: Nvidia, Citi, Meta, Facebook, Apple, BMO, Bank of America, underperform Bank of America, Holding AG, Citigroup, Deutsche Bank, Deutsche, Barclays, Bank, New York Mellon, Bank of New York Mellon, Motors, Microsoft, Needham, JPMorgan, Nike, Technology Locations: North America

☆ U.S. rate cut, geopolitical woes lift gold to record high
▼ + stars: | 2024-09-23 | by ( ) www.cnbc.com time to read: +2 min

Gold prices extended gains to scale a record high on Monday, driven by the momentum generated by the Federal Reserve's interest rate cut and safe-haven demand due to geopolitical risks in the Middle East. Gold prices extended gains to scale a record high on Monday, driven by the momentum generated by the Federal Reserve's interest rate cut and safe-haven demand due to geopolitical risks in the Middle East. Spot gold rose 0.2% to $2,628.28 per ounce, as of 0349 GMT, after hitting a record high of $2,630.93 earlier in the session. The U.S. Fed began its easing cycle with a half-percentage point rate cut on Wednesday, forecasting another half-point cut by year-end and a full point next year. Fed futures traders have priced in 75 basis points in rate cuts by the end of this year, according to CME FedWatch.

Persons: Tim Waterer Organizations: KCM, U.S, Fed, FedWatch Locations: U.S, Israel, Lebanese

☆ When I quit my job, I made many mistakes and almost burned bridges. Here's what you should do instead.
▼ + stars: | 2024-09-23 | by ( Georgie Tzintzis | ) www.businessinsider.com time to read: +5 min

At the end of my work days, I often found myself sitting in my car, bursting into tears. All of this prompted me to quit my job in the worst way possible. My actions created discomfort at the officeLater that day, my boss sent an email to everyone detailing my resignation. Instead, I lied, which any boss would be able to see through, and that created distrust in those last four weeks. I didn't burn any bridges, but there was a sour taste left in both our mouths.

Persons: —, could've Organizations: Service, Business

See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's mortgage rates would impact your monthly payments. 30-Year Mortgage Rates TodayAverage 30-year mortgage rates are hovering near 5.70%, according to Zillow data. 15-Year Mortgage Rates TodayAverage 15-year mortgage rates are near 5%, according to Zillow data. Last month, 30-year refinance rates averaged 6.59%, while 15-year refinance rates were around 5.90%. 5-Year Mortgage Rate TrendsHere's how 30-year and 15-year mortgage rates have trended over the last five years, according to Freddie Mac data.

Persons: you'll, Freddie Mac, it's, they've, They'll, refinance Organizations: Zillow, Fed Locations: Chevron

☆ Koch network backed Mark Robinson, embattled North Carolina GOP Gov. candidate
▼ + stars: | 2024-09-23 | by ( Brian Schwartz | ) www.cnbc.com time to read: +2 min

Mark Robinson, Lieutenant Governor of North Carolina and candidate for Governor, delivers remarks prior to Republican presidential nominee former President Donald Trump speaking at a campaign event at Harrah's Cherokee Center on August 14, 2024 in Asheville, North Carolina. The political network largely funded by billionaire industrialist Charles Koch has been quietly backing North Carolina Lt. Gov. Mark Robinson despite a litany of controversies, according to records uncovered by CNBC. Though Robinson has denied he wrote the scores of posts, at least four of his top aides from his North Carolina gubernatorial campaign resigned within days of the report's publication. The move by Americans for Prosperity to back Robinson from a policy perspective surprised some North Carolina Republican strategists.

Persons: Mark Robinson, Donald Trump, Charles Koch, Koch, Robinson, It's, Sen, Ted Budd, Josh Stein, We've, Jonathan Bridges, Mark Walker Organizations: Governor, Republican, Cherokee Center, Gov, CNBC, Prosperity, CNN, North, North Carolina gubernatorial, National, Republican Governors Association, North Carolina Republican, Labor Locations: North Carolina, Asheville , North Carolina

☆ Internal memo reveals new Amazon bonuses for selling flagship AI products
▼ + stars: | 2024-09-23 | by ( Eugene Kim | ) www.businessinsider.com time to read: +1 min

AWS offers its salespeople new incentives for selling AI products Q and Bedrock. AWS sales teams have specific performance targets for AI products. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Amazon Web Services recently put a new incentive program in place for its flagship AI products, Q and Bedrock, according to an internal memo obtained by Business Insider. In cloud computing and enterprise software, companies maintain massive sales teams that market to corporate customers and help them integrate technology offerings.

Persons: — Organizations: Microsoft, Google, Service, Web Services, Business

☆ Even millennials are getting too old to land a tech job
▼ + stars: | 2024-09-23 | by ( Amanda Hoover | ) www.businessinsider.com time to read: +8 min

Newly released federal data shows the US tech workforce is younger than the workforce at large and getting younger still. Tech workers under 25 are becoming more common, while the proportion of workers older than 40 shrinks. There's an age-old perception that tech workers should be young so they can move fast and break things. One of the top qualifications to land a tech job, it seems, is to possess a birth certificate dated after 1990. Women make up just 22% of tech workers — the same proportion of jobs they held in 2005.

Persons: Z, Mark Zuckerberg, Maureen Clough, antiaging serums, Joanna Lahey, Lahey, ageism, John Zeman, Elon Musk, Zeman, John Rizzo, Rizzo, X, Daniel Jolles, Jolles, they're, Amanda Hoover Organizations: Tech, Commission, Texas, M University, Twitter, IBM, The London School of Economics, Business Locations: Silicon Valley, China

☆ You can't always refinance a mortgage to capitalize on lower rates: Here's when a lender may say 'no'
▼ + stars: | 2024-09-23 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +2 min

Otherwise, your lender might not approve your mortgage refinance, experts say. A change in your financial situation, like a layoff or lower income, or higher debt, could mean you don't qualify. "Your mortgage rate and whether or not you get approved for a loan or refinance ... depends on you," said Channel. You refinanced recently Technically, there are no hard limits on how many times you can refinance your mortgage, Channel said. It may be in your best interest to only consider a mortgage refinance every few years, if your financial situation has changed or if rates are falling "really dramatically," Channel explained.

Persons: Cohn, haven't, refinanced, you've

CNN —Multiple people opened fire Saturday night in a bustling area of Birmingham, Alabama, killing four people and injuring 17 others. Seventeen other people were injured, according to Birmingham Police Chief Scott Thurmond. Authorities believe the deadly shooting was a targeted “hit.”Here’s what we know about the mass shooting. “Someone was willing to pay money to have that person killed,” Birmingham Police Chief Scott Thurmond said Sunday. “All of a sudden it was just gunshots, gunshots, gunshots,” Eslami told CNN.

Persons: Truman Fitzgerald, Anitra, Tahj Booker, Carlos McCain, Scott Thurmond, Fitzgerald, Thurmond, Randall Woodfin, ”, Gabriel Eslami, ” Eslami, “, Eslami, didn’t, Dajon Singleton, WBMA, ” “, Singleton, WBMA.Singleton, Woodfin, “ Glock, ” Woodfin, Ban Glock, ” Fitzgerald, CNN’s Zoe Sottile, Raja Razek Organizations: CNN, Police, Anitra Holloman, Authorities, Birmingham Police, Birmingham Police Department, FBI, University of Alabama, Birmingham, WVRC, WVTM, Alcohol, Tobacco, Firearms, Explosives, US, Facebook, ” Authorities Locations: Birmingham , Alabama, Birmingham, Birmingham’s, State

Learn moreI'm on a perpetual hunt for the perfect office-appropriate gym bag. Ever been stuck in an elevator with your company's higher-ups while carrying a banged-up gym bag? UPDATE: It's been over a year-and-a-half since I started using the Dagne Dover Landon Carryall, and I've tested many more gym bags in the meantime. Below you can see the interior of the size small carryall, which has less space, but a similar organizational structure. The bottom line:If you need a gym-to-office bag, the Landon Carryall is the one you should be looking at.

Persons: Dagne Dover's Landon Carryall, It's, —, Talia Ergas, Dover Landon Carryall, I've, Landon Carryall, Dagne, Dagne Dover, Ellen Hoffman, Landon, it's Organizations: Business, Service, packer, Dagne Dover Organization, Allyn Tote

☆ Europe could be drifting into a downturn as France and Germany fight economic and political woes
▼ + stars: | 2024-09-23 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +3 min

Europe could be drifting in to a downturn as its biggest economies, Germany and France, fight political and economic woes at home. In Germany, composite purchasing manager's index (PMI data) measuring business activity in both sectors, came in at XXXX, down from XXX in August. In France, meanwhile, the composite PMI fell in September to an eight-month low of 47.4 from 53.1 in August. In the euro zone as a whole, the PMI data showed a decline from XXX last month to XXX, in September. Once Europe's poster-child for growth, Germany is now likened to the "sick man" of Europe by economists.

Persons: Pariser, —, Chancellor Olaf Scholz's, J.P, Greg Fuzesi Organizations: Pariser Platz, PMI, Social Democratic Party, SPD Locations: Berlin, Germany, Europe, France, Brandenberg, Thuringia, Saxony, Morgan

☆ The job market is about to rebound as widespread spending boosts the economy, Apollo chief economist says
▼ + stars: | 2024-09-23 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +5 min

In a note to clients, Slok issued a more positive outlook on the US job market, even as hiring has slowed this year. "It is inconsistent to say that the incoming economic data is strong but the labor market is weakening," Slok wrote. AdvertisementHowever, consumption and business spending data have been strong in recent months. If the 30-year fixed rate slumps to around 5%, that could that could spark a rebound in home sales, providing a boost to the economy and job market, Slok said. AdvertisementThe outlook for the job market, though, remains mixed, with some commentators warning that hiring could continue to slow due to the lagged impact of the Fed's rate hikes.

Persons: —, Torsten Slok, Slok, Freddie Mac, David Rosenberg, who's Organizations: Service, Apollo Global Management, Business, Bureau of Labor Statistics, Challenger, IRA, Atlanta Fed Locations: Atlanta

☆ Trump says he won't run for the presidency again if he loses in November
▼ + stars: | 2024-09-23 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +1 min

Donald Trump says November will be his last election bid and that he will not run again in 2028. "Hopefully, we're going to be successful," Trump said in an interview that aired on Sunday. If Trump were to run again in November 2028, he would be 82 on election day that year. Go to newsletter preferences Thanks for signing up! AdvertisementFormer President Donald Trump said he will not consider running again in 2028 if he loses in November.

Persons: Donald Trump, Trump, —, Sharyl Attkisson Organizations: Service, Business

☆ Watch CNBC’s full interview with Allianz chief economic advisor Mohamed El-Erian
▼ + stars: | 2024-09-23 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC’s full interview with Allianz chief economic advisor Mohamed El-ErianMohamed El-Erian, Allianz chief economic advisor, joins ‘Closing Bell’ to discuss how the Fed is approaching economy, market response to its recent rate cut, and more.

Persons: Mohamed El, Erian Mohamed El, Bell Organizations: Allianz, Erian

☆ Here are 3 stocks to buy after the Fed's 'crisis level cut,' according to one strategist
▼ + stars: | 2024-09-23 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +4 min

The move they made is a big cut," SlateStone Wealth's Kenny Polcari told CNBC's " Street Signs Asia " on Sept. 19. Calling it a "crisis level cut," he added that "people [are] scratching their heads, going, what's it really mean?" Federal Reserve Chair Jerome Powell stressed that the big rate cut does not signal that the risk of a recession is elevated. According to FactSet data, of the 20 analysts covering the stock, 18 give it a buy or overweight rating, while two have a hold rating. Biotech play Another stock Polcari is bullish on is biopharmaceutical player Amgen , given its pipeline of new products .

Persons: Kenny Polcari, CNBC's, Jerome Powell, Polcari, Amgen, — CNBC's Sean Conlon Organizations: U.S, Biotech, U.S . Food, Drug Administration, Euronext, Nasdaq, Nvidia Locations: Federal, U.S, Amgen, Euronext Amsterdam, Dutch, ASML

☆ Cathay Pacific bans couple after seat-reclining spat
▼ + stars: | 2024-09-23 | by ( Jack Guy | ) edition.cnn.com time to read: +4 min

CNN —Hong Kong-based airline Cathay Pacific has banned two passengers from its flights after an argument over seat-reclining etiquette descended into xenophobic insults. People from Hong Kong speak mainly Cantonese, whereas mainland Chinese mainly speak Mandarin. However, Cathay, Hong Kong’s flag carrier, has got into hot water with Chinese authorities in the past. In a statement announcing the dismissals, Cathay Pacific CEO Ronald Lam said he would personally lead a task force to improve service and avoid similar incidents in the future. “We need to ensure that all Cathay Pacific employees must at all times respect customers from different backgrounds and cultures, and that we provide quality services consistently across all markets that we serve,” he said.

Persons: ”, ’, “, Hong Kongers, Ronald Lam, CNN’s Michelle Toh, Shawn Deng Organizations: CNN, Cathay Pacific, Cathay, Cathay Group, Hong Locations: Hong Kong, London, China, Cathay Pacific, Hong, Cathay, Hong Kong’s

☆ Man suspected of apparent assassination attempt against Trump left a letter detailing his plans, prosecutors say
▼ + stars: | 2024-09-23 | by ( Holmes Lybrand | ) edition.cnn.com time to read: +2 min

CNN —The man who authorities say sat with a rifle in the trees where Donald Trump was golfing earlier this month in West Palm Beach, Florida, previously wrote a letter stating “this was an assassination attempt on Donald Trump,” according to a new filing by federal prosecutors. One letter, addressed to “The World” said: “This was an assassination attempt on Donald Trump but I failed you. I tried my best and gave it all the gumption I could muster. Routh, 58, was charged with two firearm offenses last week after allegedly fleeing the Trump International Golf Course. Routh’s recent background included a stint in Ukraine, where he unsuccessfully tried to be recruited to fight Russia, as well as time in Hawaii working in construction.

Persons: Donald Trump, Ryan Wesley Routh, ” Trump, Routh, Trump, ” Routh Organizations: CNN, Trump, Prosecutors, Service, of Locations: West Palm Beach , Florida, Iran, Ukraine, Russia, Hawaii

☆ The US is gearing up to send Taiwan its largest-ever security package, officials say, as China threat grows
▼ + stars: | 2024-09-23 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +1 min

The US is set to send Taiwan $567 million in military aid, US officials told Defense News. They said it would be the largest aid package ever sent to Taiwan. Go to newsletter preferences Thanks for signing up! AdvertisementThe US is gearing up to send Taiwan its largest-ever security package, multiple congressional aides and a US official told Defense News. Two of the sources told the outlet that President Joe Biden is expected to sign the $567 million package before the fiscal year expires later this month.

Persons: —, Joe Biden Organizations: Defense, Service, Defense News, Pentagon, Business Locations: Taiwan, China

☆ Ukraine’s Zelensky tours Pennsylvania ammunition plant as he begins US visit to present ‘victory plan’ to defeat Russia
▼ + stars: | 2024-09-23 | by ( Michael Rios | Kathleen Magramo | ) edition.cnn.com time to read: +3 min

CNN —Ukrainian President Volodymyr Zelensky toured a Pennsylvania ammunition plant on Sunday as he began a key visit to the United States in which he is expected to present his blueprint to defeat Russia to President Joe Biden and other allies. “This fall will determine the future of this war,” Zelensky posted on X from his plane before landing in the US. “It is in places like this where you can truly feel that the democratic world can prevail,” he said. He will then travel to Washington for talks with Biden and Democratic presidential nominee, Vice President Kamala Harris. “I want to see what she thinks about this victory plan,” he said of Harris on Friday.

Persons: Volodymyr Zelensky, Joe Biden, Zelensky, Russia –, Biden, ” Zelensky, ”, Deonte Rowell, let’s, Kamala Harris, “, Harris, ” Harris, Donald Trump Organizations: CNN, Scranton Army, Plant, U.S . Army, AP, United Nations General Assembly, Democratic, Biden, NATO, Republican Locations: Pennsylvania, United States, Russia, Scranton, Biden’s, Ukraine, America, United Kingdom, New York, Europe, Washington

Search resuls for: "Arab Fund for Economic

25 mentions found