DIRS.INFO The most relevant business & tech news

☆ 2 recession indicators with perfect track records show the US just entered a downturn — opening the door for stocks to plummet as the Fed gets set to cut rates
▼ + stars: | 2024-08-03 | by ( William Edwards | ) www.businessinsider.com time to read: +6 min

AdvertisementSt. Louis FedDespite the Sahm Rule's impressive history, it is sometimes criticized because it fails to account for rising labor participation, which can raise the unemployment rate. In addition to downcast labor market data, the ISM Manufacturing Index fell further into contraction territory this week, signaling that US manufacturing continues to slow. The market's direction also depends on how investors interpret interest rate cuts alongside future data. Fed funds rate futures markets are now pricing in a 50-basis-point cut in September, according to the CME FedWatch Tool. AdvertisementHartnett and his team analyzed Fed rate-cutting cycles and identified three different types of rate cuts — cuts into a soft landing, cuts into a hard landing, and panic cuts, which are due to a credit event or some sort of Wall Street crisis.

Persons: —, Claudia Sahm —, Louis Fed, Piper Sandler, Tom Essaye, Jack McIntyre, Lara Castleton, Janus Henderson, Michael Kantrowitz, we've, Kantrowitz, Michael Hartnett, Hartnett Organizations: Service, Bureau of Labor Statistics, Business, Labor, Brandywine Global, ISM, Nasdaq, Fed, Janus, Janus Henderson Investors, Bank of America, Fund

☆ Finding opportunities beyond the 'Magnificent Seven'
▼ + stars: | 2024-04-29 | 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 EmailFinding opportunities beyond the 'Magnificent Seven'Lara Castleton, Janus Henderson Investors U.S. head of portfolio construction, joins 'Power Lunch' to discuss markets, finding opportunities outside of the 'Mag 7', and more.

Persons: Lara Castleton, Janus Henderson Organizations: Janus Henderson Investors U.S

☆ A Silicon Valley tech investor's wedding at a famous Utah landmark left the site completely trashed, council member says
▼ + stars: | 2023-11-15 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +5 min

A Silicon Valley investor's wedding at a natural Utah landmark was larger than he initially let on. The Bureau of Land Management eventually had to clean up leftover trash and abandoned property. AdvertisementGibson wrote a letter to the Bureau of Land Management asking about the event and sharing her photos. But rangers with the agency eventually had to collect "abandoned property and refuse," according to the outlet, which cited the land management email. Gibson and other town officials are now asking the Bureau of Land Management to keep such receptions from happening in the future.

Persons: Andrew Chen, —, Pamela Gibson, Emma Waldron, SFGate, Chen, Andreessen Horowitz, Gibson, Jazmine Duncan, Waldron Organizations: Land Management, Service, Labor, Miss, Valley, Twitter, of Land Management, Business Locations: Utah, Castle Valley, Castleton, Moab , Utah, Castle

CASTLETON, Vt. (AP) — Vermont State Police are asking the public, businesses and hunters near a state university campus to review their surveillance systems after a retired dean and professor who was married to best-selling author Ron Powers was found shot to death on a rail trail this week. Police said Friday night an autopsy showed that Honoree Fleming, 77, of Castleton, died from a gunshot wound to the head on Thursday afternoon. She was found on the Delaware & Hudson Rail Trail about a mile (1.61 kilometers) south of the Castleton campus of Vermont State University, which was closed on Friday because of the investigation. A witness reported a possible suspect was northbound on the trail walking towards the campus after gunshots were heard, police said. Political Cartoons View All 1202 ImagesFleming was a beloved retired dean of education and researcher “with countless papers published," the university said in a statement Friday.

Persons: Ron Powers, Fleming, . Dan Trudeau, hasn't, “ We're, Trudeau, “, Powers, Mark Twain, ”, ” Powers Organizations: — Vermont State Police, Police, Delaware & Hudson Rail, Vermont State University, People, Mental Health, “ Police Locations: CASTLETON, Vt, Castleton, Delaware, Iwo Jima, America

☆ An artist turned a studio that's 18 feet high into a tiny home and rents it on Airbnb for $112 a night
▼ + stars: | 2023-04-16 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +1 min

Sheree Rasmussen repurposed an artist's studio that her late partner built into a tiny home rental. She wanted to honor his life by letting others enjoy the space while making money on Airbnb. The 70-year-old now earns about $2,200 a month renting out the bright red tower that's 18 feet high. "When Clive passed away I pondered over what to do with it because it is such a unique building," Rasmussen told Insider. Now she rents it out for about C$150 ($112) a night.

☆ Amazon Cited by Labor Department for Hazards at Three Additional Warehouses
▼ + stars: | 2023-02-01 | by ( Sebastian Herrera | ) www.wsj.com time to read: 1 min

The Amazon distribution facility in Aurora, Colo., was among the workplaces cited for safety violations. Federal labor authorities have cited Amazon.com Inc. for safety violations at three of its warehouses, adding to previous citations the company has faced in a broad review of its workplace practices. The U.S. Department of Labor’s Occupational Safety and Health Administration said Wednesday it issued citations to Amazon following inspections at facilities in Aurora, Colo., Nampa, Idaho, and Castleton, N.Y. The citations follow three recent citations by the department at different Amazon sites in Florida, Illinois and New York for similar safety issues.

☆ Amazon cited by Labor Department for second time in a month over warehouse injuries
▼ + stars: | 2023-02-01 | by ( Annie Palmer | ) www.cnbc.com time to read: +3 min

Federal safety inspectors on Wednesday issued citations against Amazon at three of its warehouses for putting workers at risk of serious injury, the second such penalty in a month. The move comes after OSHA last month cited Amazon for failing to keep workers safe at three other facilities. "Amazon's operating methods are creating hazardous work conditions and processes, leading to serious worker injuries," said Doug Parker, assistant secretary for Occupational Safety and Health, in a statement. Amazon also faces a separate investigation by the U.S. Attorney's Office's civil division that centers around worker safety hazards at the e-retailer's facilities nationwide. As part of the probe, investigators are also looking into whether Amazon has accurately reported worker injuries and if it misrepresented those injuries to lenders to obtain credit.

☆ U.S. agency says Amazon.com exposed workers to safety hazards
▼ + stars: | 2023-01-18 | by ( Jonathan Stempel | ) www.reuters.com time to read: +2 min

REUTERS/Pascal Rossignol/File PhotoNEW YORK, Jan 18 (Reuters) - A U.S. government agency on Wednesday issued citations against Amazon.com Inc (AMZN.O) for failing to keep warehouse workers safe, by exposing them to ergonomic hazards that resulted in serious injuries. The agency said workers at the Florida facility were also exposed to "struck-by" hazards, where merchandise that was unevenly stacked or not secured was susceptible to collapse. Doug Parker, the head of OSHA, said Amazon's processes were "designed for speed but not safety, and they resulted in serious worker injuries." Amazon has said it invests hundreds of millions of dollars annually to ensure worker safety. Safety concerns, including after the deaths of six workers when an Amazon warehouse in Edwardsville, Illinois, collapsed during a December 2021 tornado, have helped spur union campaigns at Amazon warehouses across the country.

Jan 4 (Reuters) - A unit of Tokyo Gas Co Ltd (9531.T) is in advanced talks to buy U.S. natural gas producer Rockcliff Energy from private equity firm Quantum Energy Partners for about $4.6 billion, including debt, people familiar with the matter said on Tuesday. Castleton Commodities International (CCI) owns the rest of TG Natural Resources. Rockcliff and TG Natural Resources did not immediately respond to requests for comment. Tokyo Gas could not be reached for comment outside regular business hours. In October, Tokyo Gas agreed to sell its stakes in a portfolio of four Australian liquefied natural gas (LNG) projects for $2.15 billion to a unit of U.S. investment firm EIG.

Zeldin hopes to end a two-decade drought for Republicans seeking statewide office in New York. “New Yorkers are ready,” Zeldin said. Her support in a primary for an upstate congressional district of right-wing political activist Carl Paladino who lost to the state Republican chair drew the ire of some in the state party. While there are about 3 million unaffiliated voters in New York, a successful Republican candidate has to make inroads with registered Democrats. “When I got elected they were saying the same things about me that they’re saying about Zeldin,” Pataki said.

Oct 18 (Reuters) - Amazon.com Inc (AMZN.O) workers have so far voted 150 to 76 against forming a union at their upstate-New York warehouse, with more ballots to be counted as of Tuesday morning. At ALB1, the retailer's fulfillment center in Castleton-on-Hudson, employees had the chance to decide whether to join the Amazon Labor Union in the company's fourth union election of the year. The longer-established Retail, Wholesale and Department Store Union also was unable to organize an Amazon warehouse in Alabama this year, though that result is not yet final. Register now for FREE unlimited access to Reuters.com RegisterThe ALU is now managing the fourth Amazon union vote count of 2022 after tackling various challenges. More than 50% of voting Amazon workers would have to opt to join the ALU for the upstate-New York facility to unionize.

☆ Amazon Workers Vote Against Unionizing in Upstate New York
▼ + stars: | 2022-10-18 | by ( Sebastian Herrera | ) www.wsj.com time to read: 1 min

Amazon workers and supporters at an Amazon Labor Union rally in Castleton-on-Hudson, N.Y., earlier this month. Amazon.com workers in upstate New York voted against unionizing, a setback for labor activists trying to expand their unionization push at the tech giant. The National Labor Relations Board said about 66% of employees who cast valid ballots at a company facility near Albany rejected the Amazon Labor Union, which earlier this year won a landmark union vote at an Amazon warehouse in Staten Island, N.Y.

☆ Amazon workers' ballots to be counted Tuesday in retailer's 4th union vote this year
▼ + stars: | 2022-10-18 | by ( Jeffrey Dastin | ) www.reuters.com time to read: +3 min

At ALB1, the retailer's fulfillment center in Castleton-on-Hudson, hundreds of employees had the chance to decide whether to join the Amazon Labor Union. The longer-established Retail, Wholesale and Department Store Union also was unable to organize an Amazon warehouse in Alabama this year, though that result is not yet final. Register now for FREE unlimited access to Reuters.com RegisterThe ALU is now heading in to the fourth Amazon union vote count this year after tackling various challenges. Just this month, it petitioned to hold a union vote in an Amazon warehouse in Southern California, and it backed a staff protest of work conditions in Staten Island following a fire; Amazon suspended some workers afterward. A simple majority of valid ballots submitted by Amazon workers will determine if the upstate-New York facility unionizes.

Search resuls for: "CASTLETON"

13 mentions found