DIRS.INFO The most relevant business & tech news

☆ How to watch the Draconid meteor shower
▼ + stars: | 2024-10-07 | by ( Ashley Strickland | ) edition.cnn.com time to read: +5 min

CNN —Keep your eyes on the night skies to see the elusive Draconid meteor shower, expected to peak Monday evening into early Tuesday. However, the Draconid meteor shower is on the sparse side. A meteor streaks across the sky during the Draconid meteor shower as seen over Howick rocks in Northumberland in northeast England in October 2021. If you live in an urban area, you might want to take a drive to avoid city lights, which can make the meteor shower seem faint. Meanwhile, sky-gazers can anticipate a busy meteor shower season to close out 2024.

Persons: Michel Giacobini, Owen Humphreys, Zinner, Ridley Scott's, Darrin Zammit Lupi Organizations: CNN, PA, Meteor, Southern Hemisphere, NASA, Reuters, American Meteor Society, Taurids Locations: Howick, Northumberland, England, Fort Ricasoli, Kalkara, Malta

☆ 23% of low-income Americans are living without a bank account
▼ + stars: | 2024-08-02 | by ( Genna Contino | ) www.cnbc.com time to read: +5 min

"When they don't see a financial institution or a bank, [they] tend to say, 'There's no avenue for me this way. Of 18- to 29-year-olds, 11% are living without a bank account, compared to 9% of 30- to 44-year-olds, 5% of 45- to 59-year-olds and 2% of people 60 and older, according to the Federal Reserve. People without bank accounts might also turn to check cashing services or consider payday loans, especially if they're the only brick-and-mortar financial services in their neighborhood. The Community Financial Services Association of America, which represents payday lenders, did not respond to a request for comment. "They're going out into the community, they're promoting their services into the community, they're creating programs specifically for the community," he said.

Persons: Sean Gladwell, Wole Coaxum, Joe Lugo, Lugo, that's, Darrin Williams, Williams, Harris, Winnie Sun, It's, Sun, Preston Duppins, Duppins, They're Organizations: Federal Reserve, Southern Bancorp, Inc, Finance, Sun, Wealth Partners, CNBC, Federal Deposit Insurance Corp, Federal Deposit Insurance Corporation, American Fintech Council, Wealth Management, Community Financial Services Association of America, Chamber, Commerce Locations: Clearwater , Florida, U.S, Irvine , California, Florida, Lugo, Pinellas County

☆ Block has opportunity to accelerate even with slowing restaurant sales, says Wolfe Research's Peller
▼ + stars: | 2024-06-28 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBlock has opportunity to accelerate even with slowing restaurant sales, says Wolfe Research's PellerDarrin Peller, Wolfe Research, joins 'Fast Money' to talk how payment stocks are going to be impacted by decline in restaurant foot traffic.

Persons: Wolfe Research's, Darrin Peller, Wolfe Organizations: Wolfe Research

☆ Gen Z and millennial NEETS are on the rise — many say they'd rather do nothing than be unhappy at work
▼ + stars: | 2024-06-20 | by ( Lindsay Dodgson | ) www.businessinsider.com time to read: +7 min

Many NEETs are listless, struggling through tough economic times, living off loans, and losing hope of retirement or buying a house. Voluntarily idleSome Gen Zers struggle to find a job or stay in work or education, earning the nickname "disconnected youth." But some Zoomer and millennial NEETs are happy to wait out unemployment for the right career path. Advertisement"It reveals how much shame in guilt is built into our every day lives," Pitcher told BI of being a NEET. This gives him faith that things will be OK, he told BI.

Persons: —, Zers, Louis, Morgan Pitcher, Pitcher, Leonie, Lukas, James Watts, Gen Zers, Watts, Laurie Cure, Darrin Murriner, Murriner Organizations: Service, International Labour Organization, Business, Gallup, St, Louis Federal Reserve's Institute for Economic Equity Locations: Vancouver

☆ 22,000-year-old artifacts could rewrite ancient human history in North America
▼ + stars: | 2024-05-29 | by ( Jenny Mcgrath | ) www.businessinsider.com time to read: +7 min

"It really changed everything about what we understood about when and how people arrived to the Americas," Braje said of the Chile site. Dating ancient artifacts like this is tricky and is often the source of contention around these sites that question our understanding and timeline of ancient human history. That's why only a handful of Lowery's artifacts could be tested. If these artifacts are as old as the lab analysis suggests, then Lowery's discovery could rewrite our understanding of ancient American human history. For Braje, Lowery's research is reminiscent of past debates when new discoveries pushed back the timeline for the first American arrivals.

Persons: —, Todd Braje, Darrin Lowery, he's, Lowery, hasn't, Braje, Lowery doesn't Organizations: Service, University of Oregon Museum of Natural, Business, Parsons, NOAA, Washington Post Locations: South America, Americas, Island , Maryland, North America, Maryland, Chesapeake, Canada, Asia, Siberia, Alaska, Chile, Monte Verde, Coast, Parsons

She is one of this year's winners of an Andrew Carnegie Medal for Excellence, presented by the American Library Association. The fiction medal was awarded to Amanda Peters for her novel “The Berry Pickers,” a multi-generational story centered around the disappearance of a young Mi’kmaq girl from a blueberry field in Maine. “Amanda Peters’ stunning prose and evocative narrative enraptured us with the grief and longing of her characters. “I was 16 and sitting in the library and it changed the trajectory of my reading career," said Peters, who read the book at home. The Carnegie Medals were established in 2012 with the help of a grant from Carnegie Corporation of New York.

Persons: Roxanna Asgarian, ”, Andrew Carnegie, Roald Dahl's, Asgarian, Hart, Amanda Peters, “ Amanda Peters, Christina Wong’s, Daniel Innes ’, Jake Bittle’s “, Darrin Bell’s “, Peters, John Steinbeck's, “, ” Peters, ” Asgarian, Jennifer Egan, James McBride, Bryan Stevenson Organizations: —, Las Vegas, American Library Association, Carnegie, Dalhousie University, Acadia University, New York Public Library, History Research, Town, Carnegie Corporation of New Locations: Las, Dallas, America, Maine, San Diego, United States, Falmouth , Nova Scotia, Wolfville , Nova Scotia, New York City, New York, Carnegie Corporation of New York

☆ Resistance training key to long-term health, experts say
▼ + stars: | 2024-01-15 | by ( Melanie Radzicki Mcmanus | ) edition.cnn.com time to read: +8 min

Strength training, whether performed with weights, bands, machines or your own body weight, is important for your long-term health. In the same study, nearly 60% of participants said they did no strength training at all. Exercise researcher Dr. Tommy Lundberg, author of “The Physiology of Resistance Training,” says strength training is most important for people older than age 65. CNN: Why is strength training important for good health? Resistance training is the only means to effectively maintain or even increase your muscle mass.

Persons: Martin Puddy, Tommy Lundberg, ”, Eva Malm, Tommy Lundberg Lundberg, Lundberg, Darrin Klimek, it’s, It’s, Melanie Radzicki McManus Organizations: CNN, US Centers for Disease Control, American, of Preventive, National Health, Karolinska Institute, Resistance, Bank, Getty Locations: Solna, Sweden

☆ Sam Altman's return to OpenAI doesn't necessarily mean a return to normalcy
▼ + stars: | 2023-11-22 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . In today's big story, we're looking at Sam Altman returning to the helm of OpenAI. Less than five days after his shocking ouster, Sam Altman is set to return to OpenAI as its CEO. Microsoft's CEO Satya Nadella, a key figure in the past few days' drama, comes out a winner. By helping to reinstall Altman at OpenAI, he stabilizes a key piece of Microsoft's AI strategy.

Persons: —, NASA's James Webb, Sam Altman, JACK GUEZ, OpenAI, Altman, we're, Bret Taylor, Larry Summers, Taylor, Adam D'Angelo, Greg Brockman, OpenAI's confounder, They've, Tim Paradis, Satya Nadella, Kevin Scott, Insider's Ashley Stewart, Julie Bort, Darrin Zammit Lupi, Patrick T, Fallon Rivian, Elon Musk's, Jack Dorsey, Amr Bo Shanab, Madison, they're, Vladimir Putin, Billie Jean King, Jamie Lee Curtis, Scarlett Johansson, Hailey Bieber, John Deere, LongeviQuest's Ben Meyers, Yumi Yamamoto, Fabrizio Villatoro, Jack SteerLo, Fusa Tatsumi, they've, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Service, NASA's James Webb Space Telescope, Getty, Silicon, Business, Microsoft, REUTERS, Elon, Madison Ave Locations: OpenAI, AFP, OpenAI's, India, New York City, San Diego, London, New York

☆ Las Vegas hospitality unions ratify 5-year contract with Caesars
▼ + stars: | 2023-11-21 | by ( ) www.reuters.com time to read: +1 min

[1/2] Caesars Palace Las Vegas Hotel and Casino is seen on the Las Vegas Strip in Las Vegas, Nevada, U.S. February 26, 2018. REUTERS/Darrin Zammit Lupi/File Photo Acquire Licensing RightsNov 20 (Reuters) - Unions representing hospitality workers in Las Vegas said on Monday that thousands of members employed at Caesars Entertainment (CZR.O) have voted to ratify a new five-year contract. loadingThe Culinary Workers and Bartenders Unions had earlier this month reached a tentative deal with Caesars for a "historic" new contract for 10,000 employees. The unions had also reached agreements with Wynn Resorts (WYNN.O) and MGM Resorts International (MGM.N), the ratification votes for which are due in the next few days. The casinos reached the agreement with the unions just in time before the strike on Nov. 10, which had threatened to shut down the Las Vegas Strip.

Persons: Darrin Zammit Lupi, Baranjot Kaur, Nivedita Bhattacharjee Organizations: Las, REUTERS, Caesars Entertainment, Culinary Workers, Bartenders, Caesars, Wynn Resorts, MGM Resorts International, Thomson Locations: Las Vegas , Nevada, U.S, Las Vegas, Bengaluru

☆ The automakers and suppliers pushing to cut rare earths from EVs
▼ + stars: | 2023-11-14 | by ( ) www.reuters.com time to read: +4 min

1 U.S. automaker says it is "exploring options to limit or potentially eliminate rare earth materials in EV motors." BORGWARNER (BWA.N)The U.S. supplier already has an EV motor in production that has reduced heavy rare earth content. ZF (ZFF.UL)German supplier ZF has developed an EESM EV motor that could be in production in two years. The German premium automaker says it aims to remove heavy rare earth content entirely. EuroGroup Laminations (EGLA.MI) Electric motor component maker EuroGroup Laminations is working on both rare earth free permanent magnet motors and motors with limited rare earth content for automaker customers.

Persons: Darrin Zammit Lupi, Tesla, Stellantis, Zoe, Mercedes, Nick Carey, Sharon Singleton Organizations: REUTERS, BMW, GENERAL MOTORS, Volvo, ROVER, Tata Motors, Renault, RENAULT Renault, NISSAN, Nissan, MERCEDES, BENZ, TOYOTA, Toyota, Volkswagen, U.S, KKR, Thomson Locations: Malta, China, U.S, Niron Magnetics, Niron

☆ Paypal's new competitor has created 'turmoil in the industry': Wolfe Research
▼ + stars: | 2023-11-03 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPaypal's new competitor has created 'turmoil in the industry': Wolfe ResearchDarrin Peller of Wolfe Research discusses the outlook for Paypal as it operates in an "extraordinarily competitive landscape".

Persons: Wolfe, Darrin Peller Organizations: Wolfe Research, Paypal

☆ EU migration ministers address militant Islamist attacks, risks from Israel-Hamas war
▼ + stars: | 2023-10-19 | by ( Gabriela Baczynska | ) www.reuters.com time to read: +4 min

A teacher was slain in northern France last week in an attack President Emmanuel Macron condemned as "Islamist terrorism". The killings occurred at a time of heightened security concerns across much of Europe linked to the Israel-Hamas war. The attack in Brussels underlined persistent failings of the EU's troubled migration and asylum systems, including security gaps and ineffective returns. The EU, a bloc of 450 million people, has recorded some 250,000 irregular arrivals this year, in large part aided by smugglers. Last year, the EU took in several million refugees for Russia's war in the neighbouring Ukraine.

Persons: Darrin, Morocco Broad, Emmanuel Macron, Israel, Gabriela Baczynska, Philippa Fletcher Organizations: Geo, Medecins Sans Frontieres, REUTERS, France Ministers, Palestinian, EU, Thomson Locations: Italy, Libya, Belgium, France, Israel, Egypt, Morocco, BRUSSELS, Europe, Brussels, EU, Gaza, Afghanistan, Syria, Tunisia, Tunis, Ukraine, East, Africa

☆ Rep. Rashida Tlaib accuses fellow Detroit-area congressman of being too 'busy posting memes' and being 'absent from doing his job' after he denounced her comments on Israel
▼ + stars: | 2023-10-13 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +3 min

Rep. Rashida Tlaib is accusing Rep. Shri Thanedar of being too "busy posting memes" to do his job. It came after Thanedar made a show of leaving the DSA and suggested Tlaib was anti-Semitic. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . "While he is busy posting memes, his residents are calling my office asking for my assistance because he is absent from doing his job," Tlaib told the Detroit News in a statement on Thursday.

Persons: Shri Thanedar, Thanedar, Tlaib, —, Rashida Tlaib, Israel —, Narendra Modi, Tlaib's, State Sen, Darrin Camilleri, Debbie Dingell, Adam Abusalah, Patrick Malone, Thanedar's, Malone Organizations: DSA, Service, Detroit News, Jewish, Democratic Socialists of, Metro Detroit, Indian, State Locations: Israel, Michigan, Detroit, Democratic Socialists of America

[1/2] FILE PHOTO: The PayPal app logo seen on a mobile phone in this illustration photo October 16, 2017. "We believe (Chriss's) experience sounds highly relevant to PayPal as it reemphasizes focus on small merchants and launches PayPal Complete Payments," William Blair analysts wrote in a note. PayPal Complete Payments is a payments processing solution for small and medium-sized businesses. According to Wolfe Research, his biggest accomplishment was the company's $12-billion acquisition and integration of Mailchimp in 2021. Outgoing CEO Schulman will remain on the board of the company until its next annual meeting of stockholders in May, PayPal said.

Persons: Thomas White, Alex Chriss, Dan Schulman, William Blair, Wolfe, Darrin Peller, Chriss, Schulman, Niket, Pooja Desai Organizations: PayPal, REUTERS, PayPal Holdings, Intuit, eBay, Intuit's, Wolfe Research, Reuters, Thomson Locations: San Jose , California, Bengaluru

☆ Binance has not sold either bitcoin or Binance Coin, CEO says
▼ + stars: | 2023-06-13 | by ( Reuters Staff | ) www.reuters.com time to read: +1 min

FILE PHOTO: Changpeng Zhao, CEO of Binance, speaks at the Delta Summit, Malta's official Blockchain and Digital Innovation event promoting cryptocurrency, in St Julian's, Malta October 4, 2018. REUTERS/Darrin Zammit Lupi/File Photo(Reuters) -Cryptocurrency exchange Binance has not sold either bitcoin or Binance Coin, its native token, the company’s CEO Changpeng Zhao tweeted on Tuesday. Last week, Binance was sued by the U.S. Securities and Exchange Commission, which listed 13 charges against the company, Zhao and the operator of its purportedly independent U.S. exchange. The lawsuits against Binance and Coinbase Global have increased fears the crypto market’s ordeal could be prolonged further after the sector was battered by a string of meltdowns including the bankruptcy of FTX, Binance’s biggest competitor, last year. Binance Coin has lost more than 20% in value since the SEC’s action.

Persons: Zhao, Darrin Zammit Lupi, Binance, Changpeng Zhao Organizations: Binance, Delta, REUTERS, U.S . Securities, Exchange Commission, Coinbase Locations: St Julian's, Malta, FTX

☆ Opinion: Mitch McConnell’s confidence is being put to the test
▼ + stars: | 2023-05-14 | by ( Richard Galant | ) edition.cnn.com time to read: +17 min

We’re looking back at the strongest, smartest opinion takes of the week from CNN and other outlets. Not to worry, said Senate Minority Leader Mitch McConnell, a veteran of debt limit battles. McConnell’s reassurance that all will work out in the end is validated by history, but that doesn’t mean this time couldn’t be different. “If female voters are key to a Donald Trump victory in 2024, the former president should be in big trouble – but he doesn’t seem to care,” Jill Filipovic observed. “The town hall audience – selected on the basis of their intention to vote in the Republican primary in New Hampshire – appeared to be made up mostly of Trump fans.

☆ Amazon, other retailers revamp 'free' shipping as costs soar
▼ + stars: | 2023-03-24 | by ( Lisa Baertlein | ) www.reuters.com time to read: +6 min

REUTERS/Alyssa PointerLOS ANGELES, March 24 (Reuters) - There is no such thing as free shipping. "The days of free delivery are numbered," Ken Morris, managing partner at Cambridge Retail Advisors, said of the fast-changing retail marketing tool. It is an open secret that most retailers raise product prices to subsidize free shipping. Postal Service hitting record levels, the industry where nearly three-quarters of e-commerce companies offer some sort of free shipping is rethinking the financial cost of habituating shoppers to free shipping. While retailers like Amazon and fashion purveyor Asos Plc (ASOS.L) have raised thresholds for fast shipping, others are dropping free shipping altogether or taking product prices up again.

☆ Fact Check-Dinosaurs existed and were documented before the term ‘dinosauria’ was coined in the early 1840s
▼ + stars: | 2023-03-15 | by ( Reuters Fact Check | ) www.reuters.com time to read: +4 min

Dinosaurs existed long before the word ‘dinosauria’ was coined by paleontologist Sir Richard Owen in the 19th century, paleontology experts and a spokesperson for Britain’s Royal Society told Reuters, rejecting a claim to the contrary spreading online. They were invented by the Royal Society in 1841,” the individual says, referring to the academic organisation which is Britain’s national academy of sciences. However, three experts and a spokesperson for the Royal Society told Reuters separately that these claims are false. They say Sir Richard Owen first used the term ‘Dinosauria’ in the early 1840s but that dinosaurs and their fossils existed and were documented long before. Dinosaurs existed and were documented long before they were given a universal name in 1841, paleontologists and Britain’s Royal Society say.

Macroeconomic pressures have begun to hurt American consumers, particularly those in the lower income bracket, but PayPal's customers continue to spend largely undeterred by decades-high inflation. Even so, the company's upbeat forecast comes alongside its previously announced commitment of lowering expenses in the backdrop of its key e-commerce segment feeling the pinch of a slowdown. Inflationary pressures have affected discretionary consumer spending and post-COVID spending patterns are still evolving," acting finance chief Gabrielle Rabinovitch said in a call with analysts. In a divergence from prior quarters, PayPal said it will not provide a forecast for full-year revenue growth. PayPal said it expects full-year adjusted profit of roughly $4.87 on a per share basis.

☆ PACCAR beats earnings estimates on strong demand for trucks
▼ + stars: | 2023-01-24 | by ( ) www.reuters.com time to read: +1 min

Jan 24 (Reuters) - PACCAR Inc (PCAR.O) beat market expectations for fourth-quarter earnings on Tuesday, aided by strong demand for its trucks from customers looking to replace ageing fleets. Rising e-commerce deliveries and a focus on bolstering logistics networks have driven demand for long-haul trucks, bolstering sales for companies such as PACCAR. "Good freight markets and an increased fleet age are driving strong demand...," PACCAR Vice President Darrin Siver said. Last week, logistics giant JB Hunt Transport Services (JBHT.O) also gave an upbeat forecast for the freight market this year. PACCAR said on Tuesday that U.S. and Canada Class 8 truck industry retail sales are estimated to be in the range of 270,000 and 310,000 trucks for 2023.

☆ What bank-enabled digital wallets mean for Fintech
▼ + stars: | 2023-01-23 | 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 EmailWhat bank-enabled digital wallets mean for FintechWolfe Research analyst Darrin Peller joins 'Tech Check' to discuss whether big banks are good at consumer fintech.

☆ UK's De La Rue flags 'implicated' activities in India probe
▼ + stars: | 2023-01-20 | by ( ) www.reuters.com time to read: +2 min

[1/2] The corporate logo of De La Rue is seen at De La Rue Malta at Bulebel Industrial Estate in Zejtun, Malta April 24, 2018. REUTERS/Darrin Zammit Lupi/File PhotoJan 20 (Reuters) - Banknote printer De La Rue (DLAR.L) said on Friday it had learnt that activities by the group in India prior to 2016 have been implicated in a probe by a top Indian investigation agency. De La Rue said in a statement the allegations relating to the group had no merit and it was seeking legal advice, but declined to comment further on the nature of the charges. The company confirmed it had supplied security threads for banknotes in India prior to 2016. "The company continues to explore further business opportunities, both in Kenya and for export from Kenya, with a view to restarting production if the economic climate permits," De La Rue said.

You can borrow up to $726,200 for a conforming mortgage in North Dakota, or $472,030 for an FHA mortgage. Your choice between a conforming or FHA mortgage may depend on credit score, debt, or insurance costs. The Federal Housing Finance Agency sets borrowing limits for conforming mortgages, and the Federal Housing Administration sets limits for FHA mortgages. Borrowing limits for both types of mortgages are the same in every North Dakota county. You'll need at least 3% for a conforming mortgage and 3.5% for an FHA mortgage.

You can borrow up to $726,200 with a conforming mortgage in Kentucky, or $472,030 with an FHA mortgage. The best type of mortgage for you could also come down to insurance costs or your credit score. For a conforming mortgage — which is what you may think of as a "regular mortgage" — you can borrow up to $726,200. You can borrow more with a conforming mortgage than with an FHA loan, and you could take out even more with a jumbo mortgage. A conforming mortgage typically requires a minimum 620 credit score, and you'll need a higher one for a jumbo mortgage.

☆ Boies law firm makes odd moves in FTX case against Tom Brady, celebs
▼ + stars: | 2022-12-15 | by ( Alison Frankel | Thomson Reuters | Alison Frankel Has Covered High-Stakes Commercial Litigation As A Columnist For Reuters Since A Dartmouth College Graduate | ) www.reuters.com time to read: +7 min

That was apparently not what the Boies and Moskowitz firms were hoping. In mid-November, the firms filed the first of their three FTX lawsuits in federal court. On Nov. 21, the Boies and Moskowitz firms filed a second FTX class action, this time on behalf of non-U.S. FTX customers. The day after Bloom’s assignment to the case, the Moskowitz and Boies firms voluntarily dismissed the two previously-filed FTX class actions before Moore and Gayles. “As we got more cases, we filed more cases,” Moskowitz said.

Search resuls for: "Darrin"

25 mentions found