DIRS.INFO The most relevant business & tech news

☆ White House says North Korea supplying Russia with artillery shells
▼ + stars: | 2022-11-02 | by ( ) www.reuters.com time to read: +3 min

[1/2] White House National Security Council Strategic Communications Coordinator John Kirby addresses the daily press briefing at the White House in Washington, U.S. October 26, 2022. REUTERS/Jonathan ErnstWASHINGTON, Nov 2 (Reuters) - The United States has information that indicates North Korea is covertly supplying Russia with a "significant" number of artillery shells for its war in Ukraine, White House National Security spokesperson John Kirby said on Wednesday. Kirby told a virtual briefing that North Korea was attempting to obscure the shipments by funneling them through countries in the Middle East and North Africa. "We do have a sense on where they are going to transfer these shells," Kirby said, but declined to give any more details as the U.S. weighs its possible options. North Korea fired at least 23 missiles into the sea on Wednesday, including one that landed less than 60 km (40 miles) off South Korea's coast, which the South's President Yoon Suk-yeol described as "territorial encroachment."

☆ Biden says Shell is misusing its profits by not cutting gas prices
▼ + stars: | 2022-10-27 | by ( ) www.reuters.com time to read: 1 min

[1/2] U.S. President Joe Biden arrives at Hancock Field Air National Guard Base in Mattydale, New York, U.S., October 27, 2022. REUTERS/Evelyn HocksteinSYRACUSE, N.Y., Oct 27 (Reuters) - U.S. President Joe Biden blasted Shell plc (SHEL.L) on Thursday for funneling profits to shareholders rather than lowering gas prices, after the British oil giant said it would boost its dividend and buy back shares. Shell earlier on Thursday said its third-quarter profit was a near-record $9.45 billion, as it sharply boosted its dividend by 15% and announced plans to buy $4 billion more of stock over the next three months. Reporting by Nandita Bose and Trevor Hunnicutt; Editing by Mark PorterOur Standards: The Thomson Reuters Trust Principles.

☆ Meta posts second-ever quarterly revenue decline and hints at cost cutting efforts
▼ + stars: | 2022-10-26 | by ( Clare Duffy | ) edition.cnn.com time to read: +3 min

For the three months ended in September, Meta (FB) posted revenue of $27.7 billion, down 4% year-over-year and slightly above Wall Street analysts’ expectations. The Facebook parent company posted its first-ever quarterly revenue decline during the June quarter. The company reported net income of nearly $4.4 billion — less than half the amount it made during the same period in the prior year and below analysts’ projections. Meta reported having 2.96 billion monthly active users on its core Facebook app at the end of the quarter, up 2% year-over-year. “We are holding some teams at in terms of headcount, shrinking others and investing headcount growth only in our highest priorities,” Wehner said.

☆ Defendant in NJ deli stock fraud case makes $2,500 a month from similar shell company
▼ + stars: | 2022-10-26 | by ( Jack Stebbins | ) www.cnbc.com time to read: +4 min

Med Spa, which wasn't named in the indictment, also pays $2,500 a month in consulting fees to Patten's firm Benchmark Capital. Patten's name hasn't appeared in Med Spa filings. Authorities also said they artificially inflated the market value of Hometown International and E-Waste by 939% and 19,900% respectively. Like the other two shell companies, Med Spa Vacations had an initial business goal—in this case, "specialized wellness vacation packages"—that was abandoned in favor of initiating a reverse merger. Med Spa is currently in search of a company with which to complete a reverse merger.

☆ Analysis: Foreign banks amass reserves at the Fed, bracing for funding stress
▼ + stars: | 2022-10-17 | by ( Gertrude Chavez-Dreyfuss | ) www.reuters.com time to read: +5 min

So when the Fed embarked on QT, the expectation was that bank reserves held at the Fed would decline. But the decline in bank reserves has been more rapid than what some had anticipated. As of Oct. 5, bank reserves at the Fed fell under $3 trillion to $2.972 trillion, down roughly $1.3 trillion from a peak of $4.3 trillion in December 2021. As domestic bank reserves diminish, those held by FBOs at the Fed have gotten more scrutiny. "If there are structural reasons that make foreign banks more eager to hold reserves while large domestic banks' reserves declined, then there may be a risk of another inadvertent case of gridlock," said Lou Crandall, chief economist, at money market research firm Wrightson.

☆ Renters are finally being rewarded for paying the bills on time with cash back, gift cards, and even boosted credit scores
▼ + stars: | 2022-10-02 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +6 min

Historically, the US's 44.2 million renters have written checks to their landlords and kissed that cash goodbye. In lieu of a security deposit, Up&Up users "invest" one month's rent into their Up&Up Wallet. Bilt: Building credit is as easy as paying rentAt the rental-rewards startup Bilt, renters are rewarded for paying rent. Piñata: Crack open the rewards while rentingPiñata, too, offers rewards for renters, alongside credit reporting. They can also have their rent payments reported to TransUnion.

☆ The rise of the 'bait-and-switch' job interview
▼ + stars: | 2022-09-14 | by ( Rob Price | ) www.businessinsider.com time to read: +14 min

According to recruiters, employers, and job applicants interviewed by Insider, an increasing number of candidates are employing stand-ins to do their job interviews for them. At its simplest, it entails a job candidate hiring a person to pretend to be them, sit through the job interviews, and land them the position. The coworker had landed a job interview with Amazon and wanted to know whether the engineer would do the telephone interview on his behalf. Finally, for unscrupulous job candidates who are prepared to pay top dollar, there are "professional" proxies who will serve as stand-ins on job interviews — for a steep fee. Or paid someone to do a job interview for you?

"I became a financial advisor to mentor my clients through all financial aspects of their lives," says John Stoj, investment advisor representative and founder of Verbatim Financial. Traditional financial advisors: These include Certified Financial Planners (CFP), brokers, Registered Investment Advisors (RIA), and wealth managers. Find a financial advisor near youJust about anyone can benefit from working with a financial advisor. 7 questions to a financial advisor before you hire themBelow are a few of the most important questions to ask a financial advisor you're considering hiring. The financial takeawayConsulting with a financial advisor is a smart way to make headway in achieving both short-term and long-term financial goals.

A financial advisor is a professional who provides clients with guidance pertaining to financial goals, mortgages, insurance, retirement, investing, and general financial management. "I became a financial advisor to mentor my clients through all financial aspects of their lives," says John Stoj, founder of Verbatim Financial. "In an ideal world, a financial advisor should look at your overall financial picture and help you build a plan to get to and through retirement," says Mary Lyons, financial advisor and founder of Benchmark Income Group. 7 questions to a financial advisor before you hire themBelow are a few of the most important questions to ask a financial advisor you're considering hiring. How much a financial advisor cost varies from advisor to advisor, and can look different depending on how they charge you.

Persons: —, it's, John Stoj, Here's, John Hagensen, Mary Lyons, Lyons, they're, Fee, you'll Organizations: Service, Financial Planners, Investment, NASAA, RIA, National Association of, Financial, Creative, Benchmark Income, CPA, Chevron, Consulting

☆ A 30-year-old who rakes in about $89,000 a month from 2 online hustles shares the top 3 technical skills that helped him build success, how he learned them, and how he invests
▼ + stars: | 2022-06-16 | by ( Laila Maidan | ) www.businessinsider.com time to read: +10 min

In between his day-to-day deals, he'd spend time watching YouTube videos and reading forums to learn new skills. Through affiliate links, he made $141,500 for the same period, which came to about $89,000 a month from two sources. When it comes to technical skills, he points to three main ones that he says helped him build his success. The most powerful type of audience is the one that finds your content through a search engine, Chang said. Video editingEditing high-quality video is central to Chang's brand since most of his content is on YouTube and TikTok.

See Business Insider's picks for the best high-yield savings account »Get the latest tips you need to manage your money — delivered to you biweekly. Apply now A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star 4.8 out of 5 Stars Editor's Rating A tooltip OUR EDITOR'S RATINGS ARE PRIMARILY BASED ON 3 THINGS: SIMPLICITY, AFFORDABILITY, AND VALUE. Note that credit card lenders may use many different variations of credit score models when considering your application. Apply now A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star 4.6 out of 5 Stars Editor's Rating A tooltip OUR EDITOR'S RATINGS ARE PRIMARILY BASED ON 3 THINGS: SIMPLICITY, AFFORDABILITY, AND VALUE. Apply now A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star 4.6 out of 5 Stars Editor's Rating A tooltip OUR EDITOR'S RATINGS ARE PRIMARILY BASED ON 3 THINGS: SIMPLICITY, AFFORDABILITY, AND VALUE.

When the COVID-19 pandemic started, my income took a hit and my priorities changed, so my savings goals did as well. While I've recouped some of it, and I'm still able to make ends meet, I've had to majorly adjust my savings goals. Here are the three savings goals I've put on hold in light of the coronavirus pandemic and two savings goals I've created. 3 savings goals I've put on hold1. 2 savings goals I've created1.

Our experts answer readers' credit card questions and write unbiased product reviews (here's how we assess credit cards). Luckily, I qualified for a balance transfer that allowed me to pay off the balance I accumulated interest-free. I didn't want to break the savings habit I'd finally builtIt took me years to build a habit of putting money away into a savings account each month, and even longer to finally stop tapping into that savings account for every whim that came along. At the time, I had a credit score of 780 and was confident that I could qualify for a balance transfer credit card. This card gave me 15 months to pay off my balance interest-free and also didn't charge a balance transfer fee.

Search resuls for: "funneling"

13 mentions found