DIRS.INFO The most relevant business & tech news

☆ At U.C.L.A., Pro-Palestinian Protesters Clash With Police
▼ + stars: | 2024-06-11 | by ( Jonathan Wolfe | Jill Cowan | ) www.nytimes.com time to read: +1 min

Pro-Palestinian demonstrators at the University of California, Los Angeles, clashed with law enforcement officers on Monday, sometimes physically, as they attempted to occupy outdoor areas and re-establish a protest encampment in the last days of the spring quarter. More than 20 of the protesters were arrested on Monday night. The demonstration began earlier Monday in the form of a funeral procession, winding its way through campus as protesters read the names of Palestinians killed during the Israel-Hamas war. It was the latest indication that protesters intended to remain vocal, ahead of commencement ceremonies later this week and a Wednesday decision from the University of California regents about who U.C.L.A.’s next chancellor will be. Violent attacks by supporters of Israel began on the night of April 30, followed about a day later by the dismantlement of a pro-Palestinian encampment, involving hundreds of arrests.

Persons: ’, Israel Organizations: University of California Locations: Los Angeles, Israel

☆ Jon Stewart is fed up with 'hollow corporate pandering'
▼ + stars: | 2024-06-11 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +3 min

Read previewJon Stewart wants corporations to stop their "hollow corporate pandering" and just admit that all they care about is their bottom line. AdvertisementConservatives boycotted Bud Light last summer after the beer maker partnered with trans influencer Dylan Mulvaney for a social media promotion. And Bud Light waffled in response. Mulvaney said Bud Light never reached out to her after the backlash, criticizing the company for not standing by her. Meanwhile, Bud Light sought to win some of its customers back by offering free beer promotions.

Persons: —, Jon Stewart, Stewart, Bud, Dylan Mulvaney, Mulvaney, Bud Light, Bud Light's Organizations: Service, America, Business, Target, Bud Light, Anheuser, Busch

☆ Hunter Biden’s guilty verdict punctuates long and difficult saga for the president’s family
▼ + stars: | 2024-06-11 | by ( Kevin Liptak | ) edition.cnn.com time to read: +8 min

Hunter Biden’s guilty verdict on three federal gun charges Tuesday punctuated — but did not end — what has been a long and difficult saga. Instead, the president offered his family a warm smile, hugged Hunter Biden’s young son, Beau, and gave him a kiss on the forehead. Never before has a president’s immediate family member been found guilty of a crime during their father’s term in office. Instead of pushing him away, as some wary Democrats might prefer, the president has held Hunter Biden close throughout his ordeal. Farther out of town is the home on a lake the Biden family has returned to in moments of joy and times of pain.

Persons: Hunter Biden, —, Joe Biden —, ”, Hunter Biden’s, Joe Biden, Beau, Biden, it’s, “, Naomi, Hallie Biden, Beau Biden, Hunter Biden —, “ Jill, Donald Trump, Hunter, –, Trump, Trump . Biden, Jill Biden, Ashley, James, Bonny Jacobs, CNN’s MJ Lee, Betsy Klein Organizations: CNN, Navy Reserve, White, ABC, Biden, Trump ., Trump, Republican Locations: California, Delaware, Washington, Italy, Wilmington, France, Rehoboth

☆ Jurors detail to CNN how they reached guilty verdict in Hunter Biden gun trial
▼ + stars: | 2024-06-11 | by ( Hannah Rabinowitz | ) edition.cnn.com time to read: +7 min

10 told CNN. Another juror told CNN that she believed Biden “needs rehab more than imprisonment or a fine.”Juror No. The case “seemed like a waste of taxpayer dollars,” one female juror told CNN, though juror No. 10 told CNN. Each juror CNN spoke with acknowledged the weight of having her in the courtroom.

Persons: Hunter Biden, Hunter’s, Naomi, Joe Biden, Hunter, “, Biden, ”, doesn’t, Hallie Biden, Beau Biden, Abbe Lowell, Jill, ” Biden, who’s, Jill Biden, Biden’s, ” Naomi Biden, Naomi Biden, Hallie, CNN’s Jack Forrest Organizations: CNN, “ Locations: Los Angeles

☆ Malawi's vice president and 9 others are confirmed dead after the wreckage of their plane is located
▼ + stars: | 2024-06-11 | by ( ) www.cnbc.com time to read: +5 min

Malawian Vice President Saulos Chilima and nine other people died when the small military plane they were traveling in crashed in bad weather in a mountainous region in the north of the country, the president said Tuesday. He said Chilima was "a good man, a devoted father and husband, a patriotic citizen who served his country with distinction, and a formidable vice president." Former first lady Shanil Dzimbiri, the ex-wife of former President Bakili Muluzi, was also on the plane, the president had said. The president described the aircraft as a small, propeller-driven plane operated by the Malawian armed forces. Chilima was serving his second term as vice president.

Persons: Saulos Chilima, Chilima, Lazarus Chakwera, Chakwera, Shanil Dzimbiri, Bakili Muluzi, Peter Mutharika, Mutharika, — Organizations: Malawian, U.S, Embassy, Department of Defense, Chilima's United Transformation Movement, World Bank Locations: Mzuzu, South Korea, Lilongwe, Air, Viphya, Africa, Malawi, U.S, Norway, Israel

☆ Stock futures are little changed as investors gear up for start of Fed policy meeting: Live updates
▼ + stars: | 2024-06-10 | by ( Alex Harring | ) www.cnbc.com time to read: +1 min

Stock futures are near flat Monday night as investors await the start of June's Federal Reserve policy meeting. S&P 500 futures and Nasdaq 100 futures both also traded near their flatlines. This comes as traders prepare for the two-day Fed policy meeting commencing Tuesday. The meeting will conclude on Wednesday with an interest rate policy decision and a subsequent press conference featuring Federal Reserve Chair Jerome Powell. Fed funds futures were indicating virtually no chance of a cut at this week's meeting, according to CME's FedWatch Tool.

Persons: Jerome Powell, CME's, We've, Zachary Hill Organizations: June's Federal, Dow Jones Industrial, Nasdaq, Dow, Horizon Investments, Oracle

☆ I tried Red Lobster's $30 endless shrimp for the first time. I see why the deal might have contributed to the chain's bankruptcy.
▼ + stars: | 2024-06-05 | by ( Erin Mcdowell | ) www.businessinsider.com time to read: +3 min

Read previewA few weeks after Red Lobster filed for bankruptcy, I visited the chain's Times Square location to try its now-infamous Endless Shrimp promotion for the first time. Red Lobster's Endless Shrimp has quite the reputation. Customers were pleased with the deal, so in the summer of 2023, Endless Shrimp became available every day of the week. In the two quarters following the initial launch of the daily endless shrimp promotion, Red Lobster reported operating losses of $11 million and $12.5 million . However, Endless shrimp isn't the only factor that led to the fall of Red Lobster.

Persons: —, I've, it's, Ludovic Garnier, Garnier, Emily Stewart Organizations: Service, Red, chain's, Business, Customers, Lobster, Thai Union Group, Lobster's Locations: New York City

☆ I tried Red Lobster's $30 endless shrimp for the first time. I see why the deal might have led to the chain's bankruptcy.
▼ + stars: | 2024-06-05 | by ( Erin Mcdowell | ) www.businessinsider.com time to read: +2 min

Read previewA few weeks after Red Lobster filed for bankruptcy, I visited the chain's Times Square location to try its now-infamous Endless Shrimp promotion for the first time. Red Lobster's Endless Shrimp has quite the reputation. Customers were pleased with the deal, so in the summer of 2023, Endless Shrimp became available every day of the week. In the two quarters following the initial launch of the daily endless shrimp promotion, Red Lobster reported operating losses of $11 million and $12.5 million . Once a daily promotion, Endless Shrimp is now only available on Mondays, which is when I found myself at the revolving doors of Red Lobster's Times Square location on a hot summer night.

Persons: —, I've, it's, Ludovic Garnier, Garnier Organizations: Service, Red, chain's, Business, Customers, Lobster, Thai Union Group, Lobster's Locations: New York City

☆ How Roaring Kitty's wealth went from $53,000 to nearly $300 million — and could one day top $1 billion
▼ + stars: | 2024-06-04 | by ( Yun Li | ) www.cnbc.com time to read: +3 min

Pavlo Gonchar | Lightrocket | Getty ImagesAlmost five years ago, GameStop champion Keith Gill revealed a $53,000 bet in his favorite video game retailer. By the end of the jaw-dropping episode in April 2021, Gill exercised his call options position to have 200,000 common shares. Put another way: If the stock closes above $20 that day, Gill could exercise the options at $20 apiece, leaving him owning an additional 12 million shares. A total of 17 million shares would make him the fourth-biggest shareholder in GameStop, coming in behind Vanguard, BlackRock and Ryan Cohen's RC Ventures, according to FactSet. Zoom In Icon Arrows pointing outwardsThe notional value, if exercised, would be $240 million worth of stock bought at $20.

Persons: Keith Gill, Pavlo Gonchar, Gill, Michael Khouw, Khouw, Morgan Stanley's, Ryan Cohen's Organizations: GameStop, Lightrocket, Street Journal, CNBC, Vanguard, BlackRock, Ryan Cohen's RC Ventures

☆ Wendell Pierce Claims Discrimination in Trying to Rent a Harlem Apartment
▼ + stars: | 2024-06-04 | by ( Debra Kamin | ) www.nytimes.com time to read: 1 min

The acclaimed actor Wendell Pierce says his rental application for an apartment in Harlem was denied by a white landlord, and he believes racism is the reason. Mr. Pierce, who is Black, shared his experience on X in a post on Monday night that quickly garnered thousands of comments and shares. In the post, he described his “righteous anger” and said that “Even with my proof of employment, bank statements and real estate holdings, a white apartment owner DENIED my application to rent the apartment.” The apartment was, Mr. Pierce wrote, “in Harlem, of all places.”“Racism and bigots are real,” he continued. “There are those who will do anything to destroy life’s journey for Black folks. When you deny our personal experiences, you are as vile and despicable.”

Persons: Wendell Pierce, Pierce, ”, “ Locations: Harlem

☆ Novak Djokovic out of French Open with knee injury
▼ + stars: | 2024-06-04 | by ( Matthew Futterman | ) www.nytimes.com time to read: +4 min

World No 1 Novak Djokovic has withdrawn from the French Open with a knee injury sustained in his round of 16 win against Argentine 23rd seed Francisco Cerundolo. Although Djokovic was able to get through on painkillers and adrenaline, the extent of the problem is too great for him to continue. If Djokovic chooses to undergo surgery on the tear, he would likely miss not just Wimbledon, which begins on July 1, but also the Olympic Games and US Open later this summer. Djokovic said Monday night, after another of his miraculous comebacks, that he had been experiencing pain in his right knee for several weeks. As of Tuesday evening in Paris, there was no decision yet on whether Djokovic would undergo surgery to repair the meniscus.

Persons: Novak Djokovic, Francisco Cerundolo, Roland Garros, ”, Casper Ruud, Djokovic, Ruud, Alex de Minaur, Alexander Zverev, Matthew Futterman, hasn’t, He’s, He’d Organizations: Argentine, French Tennis Federation, Norwegian, Olympic Games, Athletic, Wimbledon Locations: Serbian, Paris

☆ A ‘House of the Dragon’ Party Without a Silvery Wig in Sight
▼ + stars: | 2024-06-04 | by ( Nancy Coleman | ) www.nytimes.com time to read: 1 min

Where does the story pick up this season on HBO’s fantasy epic “House of the Dragon”? “So,” the actor Tom Glynn-Carney told a reporter on Monday night at the Season 2 premiere at Manhattan’s Hammerstein Ballroom, everything “hits the fan.”His character in the “Game of Thrones” prequel, the newly crowned King Aegon II Targaryen, holds a grip on the throne that is tenuous at best. His brother has just killed their nephew in what could best be described as death by dragon chomp. And his sister Queen Rhaenyra Targaryen is on the brink of going nuclear — as Targaryens tend to do — likely with more dragon chomping. Even as Mr. Glynn-Carney, Matt Smith and other “Dragon” actors laid out the violence in store for the new season — which returns June 16 — the show’s impending civil war stood in stark contrast to the evening’s cocktails and joviality, with not a single silvery wig in sight.

Persons: Tom Glynn, Carney, Manhattan’s, Rhaenyra Targaryen, Glynn, Matt Smith Organizations: King Aegon

☆ Liberals Find a TV Prescription for Election Jitters: Monday Nights
▼ + stars: | 2024-06-03 | by ( Michael M. Grynbaum | John Koblin | ) www.nytimes.com time to read: +1 min

Liberal TV viewers have a new mantra: T.G.I.M.! Monday nights have suddenly broken out in the Nielsen ratings — and in national relevance — thanks to a rare confluence: two TV superstars of the political left who have limited their regularly scheduled broadcasts to that one evening. In a frazzled media age, their once-a-week programs have become something close to appointment viewing. Ms. Maddow’s Monday program is far and away the highest-rated hour of MSNBC’s entire week. Mr. Stewart’s “Daily Show” significantly outdraws the other weeknight editions of the show, and has proved to be a rare breakout hit for Comedy Central.

Persons: Jon Stewart, Rachel Maddow, Maddow’s, Stewart’s Organizations: Liberal, Nielsen, Comedy Central

☆ Four Inmates Escape Unnoticed From Louisiana Jail Through 8-Inch Gap
▼ + stars: | 2024-05-28 | by ( Claire Moses | ) www.nytimes.com time to read: +1 min

Four men were able to escape from Tangipahoa Parish Jail in Louisiana this weekend because of an eight-inch gap and a lack of oversight at the facility, the authorities said. Jimmy Travis, the chief of operations for the Tangipahoa Parish Sheriff’s office, blamed structural issues and a lack of oversight by the jail staff in a news conference on Monday. The four men escaped after they evaded correction officers during recreation time in the yard and hid out until darkness, according to a Facebook statement from the Tangipahoa Parish sheriff, Daniel Edwards. The men escaped in pairs, Mr. Travis said. On Sunday, two other inmates — Omarion Hookfin, 19, and Jamarcus Cyprian, 20 — copied that route for their escape.

Persons: Jimmy Travis, Daniel Edwards, Travis, Avery Guidry, Travon Johnson, —, — Omarion, Jamarcus Cyprian Locations: Tangipahoa Parish, Louisiana, Tangipahoa

☆ Stock futures rise to kick off shortened trading week: Live updates
▼ + stars: | 2024-05-27 | by ( Pia Singh | ) www.cnbc.com time to read: +1 min

Traders work on the floor of the New York Stock exchange during morning trading on May 17, 2024. Stock futures advanced Monday night as investors await inflation data due at the end of the shortened trading week for a better picture of the market's outlook. S&P futures gained 0.1%, while Nasdaq 100 futures edged up 0.2%. Recently, however, stronger economic data and fresher concerns about a potential consumer spending pullback have dampened the interest rate outlook. Looking ahead to this week, investors are watching for consumer confidence data out Tuesday and the April personal income and expenditures report, which includes the PCE inflation reading, out Friday.

Organizations: New York Stock, Stock, Dow Jones, Nasdaq, Costco Wholesale

☆ ‘Dropping Very Dramatically’: What Deadly Turbulence Did to a Flight
▼ + stars: | 2024-05-22 | by ( Sui-Lee Wee | Muktita Suhartono | ) www.nytimes.com time to read: +1 min

The seatbelt sign came on moments after the plane started shaking, but, for some, it was too late. “Whoever wasn’t buckled down, they were just launched into the air within the cabin,” said Dzafran Azmir, who was among the 211 passengers on board the London-to-Singapore flight that encountered deadly turbulence on Tuesday. Others were families and some who had planned a “holiday of a lifetime” to far-flung destinations like Australia. By this time, the plane had reached the Bay of Bengal, which sits between the Indian subcontinent and the Malay Peninsula in Southeast Asia. Some pilots consider the region “notorious” this time of the year because its monsoon rains can cause turbulence.

Persons: ”, Dzafran Azmir, SQ321 Organizations: Singapore Airlines Boeing Locations: Singapore, England, Australia, Bengal, Malay, Southeast Asia

AdvertisementThe first-ever criminal trial of a former American president is now nearing its end after several weeks of witness testimony. Related storiesIn some of those hallway appearances earlier in the trial, Trump has told reporters that he planned to testify. He told jurors that Cohen told him that Trump didn't know anything about the payments. "If you don't like my ruling, you don't give me side-eye, and you don't roll your eyes," Merchan told Costello before he cleared the room. Trump " wasn't thinking about Melania — this was all about the campaign," Cohen told jurors.

Persons: —, Donald Trump, Todd Blanche, Blanche, Juan Merchan, Trump, Robert Costello, Costello, Emil Bove, muttered, Michael Cohen, Cohen, Susan Hoffinger, Merchan, Stormy Daniels, Cohen —, Trump —, Daniels, didn't, Rudy Giuliani, audibly, Judge Juan Merchan, castigates, Elizabeth Williams, Daniel Sitko, Brad Smith, Smith's, Smith, reimbursing Cohen Organizations: Service, GOP, Business, New, Trump, Republican, Manhattan, Attorney's Office, Attorney's, Prosecutors, FBI, AP, Federal, Washington Examiner Locations: New York, American, Manhattan, Trump

☆ Election Updates: Trump shares, then deletes, a video with headlines about a ‘unified Reich’ if he wins.
▼ + stars: | 2024-05-21 | by ( Chris Cameron | ) www.nytimes.com time to read: +8 min

Mr. Trump’s campaign still lags far behind in total cash on hand, the April filings show. Mr. Trump is leading Mr. Biden in many polls, including recent New York Times/Siena College/Philadelphia Inquirer surveys that had the former president ahead in five of six top battleground states. Mr. Trump also continues to spend millions of dollars on legal bills, the filings show. Still, the filings and campaign statements reflect a busy fund-raising month for Mr. Trump. Save America also received $2.75 million in April from a super PAC backing Mr. Trump, Make America Great Again Inc., and $183,000 from a new joint fund-raising committee Mr. Trump has with the Republican Party.

Persons: Donald J, Trump, Biden, Biden’s, Trump’s, Money, Pete Marovich, Julie Chavez Rodriguez, “ We’re, “, Crooked Joe Biden, ” Mr, Timothy Mellon, Mellon, Robert F, Kennedy Jr, Kennedy’s, Nicole Shanahan, Kennedy, Shanahan Organizations: Republican Party, Mr, Democratic National Committee, Federal, Biden Trump, Republican, Republican National Committee, Biden, New York Times, Siena College, Philadelphia Inquirer, Radio City Music Hall, Democratic, The New York, Republicans, Trump, America, PAC, Make, Inc, Mellon Locations: Palm Beach, Fla, America, Hollywood, Wyoming

☆ Opinion: Trump’s defense got one last shot at Michael Cohen. Did they make their case?
▼ + stars: | 2024-05-21 | by ( Opinion Norman Eisen | ) edition.cnn.com time to read: +8 min

CNN —The biggest drama in the trial of former President Donald Trump on Monday came not, as expected, in the cross-examination of former Trump attorney Michael Cohen. His testimony wrapped without any moments approaching the significance of last week’s defense hits on the star witness. Cohen had already admitted that he lied to Costello, and indeed lied more broadly to protect Trump before cooperating with the government. But Cohen has already testified that he lied about Trump’s knowledge of the payment to Daniels before cooperating with prosecutors. It culminated before the lunch break with a bit of razzle- dazzle to bolster Cohen’s testimony about what happened on that phone call with Schiller and Trump.

Persons: Norman Eisen, “, Donald Trump, Trump, Michael Cohen, — Robert Costello, Cohen —, audibly, Juan Merchan, Costello, ” Merchan, cautioning, ’, …, ” Costello, Merchan, Norm Eisen, Cohen, chastising Costello, Stormy Daniels, Daniels, Todd Blanche, Blanche, Keith Schiller, Schiller, —, Trump’s, ”, Susan Hoffinger, Perry Mason Organizations: CNN, Monday, Trump, Trump Organization, SPAN, Twitter, Facebook Locations: Trump’s Manhattan, Tampa , Florida

☆ Opinion: We Germans are making Trump ‘thunderstorm’ plans
▼ + stars: | 2024-05-21 | by ( Opinion Anna Sauerbrey | ) edition.cnn.com time to read: +12 min

That’s scary.” If Trump is elected, Jörg is convinced, he would withdraw American troops from Europe and stop aid to Ukraine. Jim Bourg/AFP/Getty ImagesSix months ahead of the vote, this soccer field conversation reflects the German view of the US elections quite well. Kirill Kudryavtsev/AFP/Getty ImagesIt’s an optimistic view, based on the assumption that Trump will act rationally, as a deal-maker, if elected. What if Trump tries to take America out of NATO or creates a “dormant NATO,” a NATO existent only in name? Another Trump presidency would not only put Germany’s security at risk, but also manifest this view of the US for another four years.

Persons: Thomas Ernst Editor’s, Anna Sauerbrey, Read, ’, ”, Jörg, Miguel, Donald Trump, “, “ Trump, Trump, “ I’m, Piero, Joe Biden, Jim Bourg, Europe’s, Russia “, Olaf Scholz, Michael Kappeler, ” Scholz, mums, Annalena Baerbock, Greg Abbott, Biden, Kirill Kudryavtsev, George H, Bush’s, Barack Obama, Obama, Heinz M, Schahina Gambir, Gambir, Roe, Wade, Bob Parent Organizations: Zeit, Berlin CNN —, Köpenicker FC, CNN, Biden, Trump, Getty, NATO, Republican, European Union, European Central Bank, EU, ”, Dallas Mavericks, Mavericks, LA Clippers, NBA, Green, Bundestag Locations: Berlin, America, Taiwan, Europe, Ukraine, Italy, AFP, Gaza, Germany, Russia, United States, Trump, Texas, China, Poland, France, Frankfurt, Kabul, New York City, New York

☆ Trump reports outraising Biden campaign in April, but Dems maintain cash advantage
▼ + stars: | 2024-05-21 | by ( Brian Schwartz | ) www.cnbc.com time to read: +2 min

Biden's political operation announced on Tuesday in a press release that the combined campaign, joint fundraising committees and the Democratic National Committee raised $51 million in April. Trump and the Republican National Committee recently announced they raised $76 million last month. Excluding any money from the RNC or any PACs, Trump's campaign committee reported raising $9.4 million in April. Biden's campaign committee raised $24.2 million in the same time period, according to new FEC filings released late Monday night. The event raised over $50 million shared between the Trump campaign, the RNC, his political action committee Save America and over a dozen state parties, according to the Trump campaign and the RNC.

Persons: Donald Trump, Joe Biden, Biden's, John Paulson's, Trump, Biden, Trump's Organizations: U.S, Republican, New, Democratic National Committee, Trump, Republican National Committee, Biden, Federal, Commission, RNC, Wall Street, White Locations: New Hampshire, Rochester , New Hampshire, U.S, New York, Florida, Manhattan

☆ A passenger has died after severe turbulence on a flight from London to Singapore
▼ + stars: | 2024-05-21 | by ( Pete Syme | ) www.businessinsider.com time to read: +1 min

A passenger flying from London to Singapore has died after severe turbulence on board. The incident took place on Singapore Airlines flight SQ321, which left the UK Monday night. AdvertisementA Singapore Airlines passenger has died after a flight encountered severe turbulence, the carrier announced Tuesday. Flight SQ321 from London Heathrow to Singapore took off on Monday night local time, but the Boeing 777 diverted to Bangkok 11 hours into the journey, per Flightradar24. "Singapore Airlines offers its deepest condolences to the family of the deceased."

Persons: — Organizations: Singapore Airlines, Service, Boeing, Business Locations: London, Singapore, London Heathrow, Bangkok

☆ Tesla Fremont factory suffers another fire, investigation underway
▼ + stars: | 2024-05-21 | by ( Lora Kolodny | In Lorakolodny | ) www.cnbc.com time to read: +3 min

An aerial view of the Tesla Fremont Factory on April 24, 2024 in Fremont, California. A fire broke out at Tesla 's vehicle assembly plant in Fremont, California on Monday afternoon, according to a statement from the Fremont Fire Department, posted on social network X. The Fremont factory is Tesla's first mass EV manufacturing facility. On May 17, 2024 Tesla celebrated a milestone for its Fremont factory in conjunction with their battery factory outside of Reno, Nevada, saying they had surpassed production of 3 million vehicles. Fires at the Fremont factory in the past have sometimes necessitated a pause in production.

Persons: Tesla, Tesla's Fremont Organizations: Tesla Fremont Factory, Fremont Fire Department, Elon, Fremont, Environmental Health, Safety, California Employment, Bay, Air Quality Management, CNBC Locations: Fremont , California, Fremont, Reno , Nevada, California, Tesla's, Alameda County

As Ukraine struggles to hold back Russian advances, the country’s officials say they are once again facing the formidable challenge of keeping electricity flowing as Moscow’s forces increasingly strike power plants. To conserve energy, the government has ordered nationwide rolling blackouts for Monday night, broadening the smaller regional ones that have become the norm in recent weeks. “This is another frontline in the war,” said Maxim Timchenko, the head of DTEK, Ukraine’s largest private electricity company, on social media last week. He said the company’s workers were engaged in a “race against time” to restore power to consumers. The nationwide blackout, scheduled from 6 p.m. to midnight, will affect the entire country for the first time this year, but it is unclear if it will continue past Monday.

Persons: ”, Maxim Timchenko Locations: Ukraine

☆ Stock futures are little changed after Nasdaq Composite hits all-time high: Live updates
▼ + stars: | 2024-05-20 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Stock futures are near flat Monday night after the technology-heavy Nasdaq Composite closed at an all-time high. Dow Jones Industrial Average futures lost just 27 points, while S&P 500 futures also sat near its flatline. Those moves come after a mixed day on Wall Street. But the blue-chip Dow slipped almost 200 points, or 0.5%. Monday's action follows a notable week on Wall Street amid renewed hopes about the state of inflation and monetary policy.

Persons: Dow, Jamie Dimon, Keith Buchanan, Christopher Waller, Tom Barkin, Raphael Bostic Organizations: New York Stock Exchange, Stock, Nasdaq, Dow Jones Industrial, Palo Alto Networks, LSEG, Nvidia, JPMorgan, Globalt Investments, Federal, Richmond Fed, Atlanta Fed, Traders

Search resuls for: "Monday Night"

25 mentions found