DIRS.INFO The most relevant business & tech news

☆ ‘A lot of fear:’ Trump’s deportation proposals are already rattling workers
▼ + stars: | 2024-11-21 | by ( Alicia Wallace | ) edition.cnn.com time to read: +12 min

“People are afraid of walking the streets right now; there’s a lot of fear … a lot of fear,” Sanchez said. “Shrinking worker (supply) in a period in which those sectors need more workers and are having a hard time finding workers will clearly generate a slowdown,” Peri said. Although temporary farm visas — known as H-2A — do exist, there is no legal way to have year-round foreign workers. “We know [undocumented immigrants] are working, they’re not sitting at home,” he said. “The slowing in immigration that’s broadly anticipated will probably show up in tighter labor markets for lower-skilled workers,” he said in an interview.

Persons: Donald Trump’s, Sam Sanchez, ”, Sanchez, ” Sanchez, Giovanni Peri, Peri, Ron Estrada, “, ” Estrada, farmworkers, Joe Sohm, Farmworker Justice’s Estrada, Carolinians, they’re, “ They’ve, Biden, Trump, Michael Feroli, Julia Pollak, Scott Olson, it’s, Joe Brusuelas, ” Karoline Leavitt, Vance, Joanne Eriaku, Eriaku, she’s Organizations: CNN, Chicago, Coast Hospitality Group, “, Global Migration, University of California, Davis, UCDavis, Migration Center . Business, Biden, Farmworker, North Carolina Growers Association, Congressional, CBO, JPMorgan, Republican National Convention, RSM, Trump, United Nations, UN, Social Locations: America, Mexico, Little, San Francisco, Chicago, ”, Milwaukee, Chicago’s Little, Springfield , Ohio, New York City, Uganda, Eriaku, Kenya, United States

☆ Why American Women Are Staying Single, Swearing Off Marriage, Dating
▼ + stars: | 2024-11-21 | by ( Kelli María Korducki | ) www.businessinsider.com time to read: +12 min

Now, unmarried women are no longer part of an edgy cultural vanguard — they're the official status quo. As of 2021, a record 52% of American women were either unmarried or separated, according to a report by Wells Fargo Economics. Single women also have single men outnumbered: A Census Bureau analysis of 2019 data found that for every 90 unmarried men in the US, there were 100 unmarried women. In a 2019 survey from the Pew Research Center, only 38% of single women reported looking for dates or a relationship, compared with 61% of single men. Even before 1970, it was far from unusual to see American women working for a living.

Persons: Rebecca Traister, Samantha Nation, JD Vance, —, Claudia Goldin, Jess Carbino, Tinder, Gary Becker, Elizabeth Crofoot, Carmindy Bowyer, Bowyer, didn't, truer, Stephanie Manes, Katie Roiphe, Singledom, Paul Dolan, Richard Reeves, Nicholas Eberstadt, Bella DePaulo, DePaulo Organizations: Los Angeles Times, Wells, Wells Fargo Economics, Pew Research Center, of Labor Statistics, Census, Pew, American Enterprise Institute's, Social Locations: Wells Fargo, New York City

☆ Elon Musk says he's had little to do with Trump's cabinet picks — he just likes 'spending time' with the man
▼ + stars: | 2024-11-21 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +3 min

But the Tesla and SpaceX CEO said he's had little input on Trump's Cabinet picks. Elon Musk says he's had little input on President-elect Donald Trump's cabinet picks. He was a major contributor to Trump's campaign, spending just under $119 million on his pro-Trump political action committee, America PAC. Musk, according to multiple media reports, has joined Trump's calls with Ukrainian President Volodymyr Zelenskyy and Google CEO Sundar Pichai. Lutnick, Musk wrote in an X post on November 16, "will actually enact change," compared to another candidate, hedge fund CEO Scott Bessent.

Persons: Elon Musk, Donald Trump, he's, Musk, Donald Trump's, Haven't, Robert F, Kennedy Jr, cott, ott Organizations: SpaceX, Cabinet, New York Post, Trump's, UFC, Trump, Madison Locations: Lago, Palm Beach , Florida, usk

☆ Elon Musk and Vivek Ramaswamy are starting a 'Dogecast' podcast to chronicle their government efficiency drive
▼ + stars: | 2024-11-21 | by ( Tom Carter | ) www.businessinsider.com time to read: +2 min

AdvertisementElon Musk and Vivek Ramaswamy are starting a podcast to chronicle DOGE's attempt to cut government spending. Musk and Ramaswamy have been using X to promote their new roles in government efficiency. Elon Musk and Vivek Ramaswamy are planning on keeping federal workers and the American public up to date on their progress at the Department of Government Efficiency with a new podcast. Elon Musk added on X that the podcast would host guests and previously suggested the live streams would be weekly. Political scientists have questioned whether Musk and Ramaswamy's ideas, which include "deleting" whole government departments and mass layoffs of federal workers, are achievable.

Persons: Elon Musk, Vivek Ramaswamy, Musk, Ramaswamy, Tesla, he'd, Donald Trump's, DOGE cryptocurrency, RTO Organizations: Department of, YouTube, Department of Government Locations: American

☆ 49-year-old started his business 'to make $5,000 a month to survive, pay my mortgage'—he sold it for $100 million
▼ + stars: | 2024-11-20 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +3 min

When Tomas Gorny started a tech business in 2001, he wasn't thinking about becoming a billionaire someday. Gorny started a business called Ipower, which sold software that helped people build their own websites. Six years later, he sold Ipower to web hosting company Endurance International for a reported $100 million. Perhaps ironically, Gorny says the more modest goal helped helped him grow his company's bottom line far more effectively. Once he released his more developed products, Ipower started adding hundreds of new customers per day, he says.

Persons: Tomas Gorny, Nextiva, who'd, he'd, Gorny, —, Interliant, Ipower Organizations: Endurance, Internet Communications, Endurance International, Google, Microsoft Locations: Scottsdale , Arizona, Polish, U.S

So why shouldn’t federal employees who are paid with taxpayer dollars be required to be in office?” the source said. Ending remote work across government is being considered a potential “early candidate” for executive orders that members of DOGE will recommend to Trump, the source said. “I can’t abandon this career,” one Library of Congress worker who lives in the Midwest told CNN. Another federal employee who works remotely told CNN that they would have to commute two to three hours to the nearest office. Other targets beyond remote workRemote work isn’t the only cost-cutting measure that is likely to be addressed through executive orders.

Persons: Donald Trump’s, Elon, Vivek Ramaswamy, Ramaswamy, “, ”, “ It’s, ” Everett Kelley, AFGE, Charlie Kirk –, –, DOGE, Kirk, doesn’t, aren’t, Musk Organizations: CNN, of Government, Republican, Trump, telework, Personnel Management, American Federation of Government Employees, Midwest, of Congress, Congress, General Services Administration Locations: Washington, DC, Washington ,

☆ A man hid 5 boxes across the US with more than $2 million worth of treasure inside
▼ + stars: | 2024-11-20 | by ( Cheryl Teh | ) www.businessinsider.com time to read: +4 min

AdvertisementJon Collins-Black has hidden five treasure chests across the US for a public hunt. Now, he's hidden five treasure boxes in locations around the US — and he wants people to find them. He wrote all the clues one needs to find these treasure chests into a book, "There's Treasure Inside." AdvertisementAll five treasure chests are also puzzle boxes, Collins-Black said — but if one finds the chest, instructions are placed with it outlining how to open the boxes, so people don't have to destroy them. "I don't have this desire for me to be long gone, and they're to be the 'Legend of the John Collins-Black treasures,'" he said.

Persons: Jon Collins, Collins, Black, they'll, George, Forrest Fenn, —, John Collins Organizations: BI, Collins Locations: California, Rocky

☆ Who’s Laughing Now? Banana-as-Art Sells for $6.2 Million at Sotheby’s
▼ + stars: | 2024-11-20 | by ( Zachary Small | ) www.nytimes.com time to read: +1 min

A banana that for years has stirred controversy in the art world sold for $6.2 million with fees at Sotheby’s contemporary art auction on Wednesday night. It became what is arguably the most expensive fruit in the world — though it will likely be tossed in a couple days. It comes with a certificate of authenticity and installation instructions for owners to replace the banana — if they wish — whenever it rots. “Returns in the market have been flat or decreasing over the last decade,” said Michael Moses, who tracks the investment potential of artworks for clients. “It’s a fascinating asset because you can get so much joy from it that people are willing to accept lower returns.

Persons: ”, Maurizio Cattelan, Justin Sun, Michael Moses, “, Joy, Sun Locations: Chinese

Now, Fonsi is making his debut as a lead actor in the film “Say a Little Prayer,” which opens at AMC and other theaters nationwide Friday. The movie, which features a nearly all-Latino cast, follows the romantic adventures of three best friends in San Antonio. “And to be able to do that in a film is great.”A poster for “Say a Little Prayer,” opening Friday. Luis Fonsi performs the theme song from “Say a Little Prayer” in San Antonio. The cast and crew of “Say a Little Prayer” in San Antonio in October.

Persons: Luis Fonsi's, “, ”, I’d, Anthony, Rafael, It’s, valentine, Fonsi, ” Fonsi, Vannessa Vasquez, Jackie Cruz, Vivian Lamolli, Angélica María, Chris Kattan, Luis Fonsi, Patrick Perez Vidauri Vasquez, Adela, Vasquez, ” Vasquez, carne, Selena, ’, Latinas, Cristina Nava, ” Nava, ” Vivian Lamolli, Nava, Jeff Valdez, Sol Trujillo, Edward James Olmos, Olmos, El Viaje, It's, Daddy Yankee, That’s, “ I’m Organizations: NBC News, AMC, Productions, westside, Centro de Artes, San, San Fernando Cathedral, “, Hulu, Cadence Productions, McKinsey & Company, El, YouTube Locations: Miami, Madrid, San Antonio, San Fernando, Mexican, Houston, Los, Latina, Antonio, Hollywood, “, America, U.S, Spain, Puerto Rico

☆ Bluesky's 'acceleration is tremendous' as users flock to the new 'old Twitter'
▼ + stars: | 2024-11-19 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +6 min

Many new Bluesky users are praising the feeling on the site as being similar to "old Twitter." This week, the app shot to the top of Apple's App Store and Google's Play Store, and a Bluesky spokesperson told Business Insider it hit 18.3 million registered users. Advertisement"Consumers, time and time again, show us that they will put a brand in jeopardy if the leadership is associated with ideology the consumers don't care for," Lind told Business Insider. A spokesperson for Bluesky told Business Insider that the platform aims to give users more choice and offer creators independence from being locked into specific platforms. A few weeks ago, Bluesky had less than 1 million daily users in the US, "so the acceleration is tremendous," said David Carr, an editor at Similarweb.

Persons: Bluesky, Elon Musk's, Jonathan Bellack, Mark Cuban, he'd, That's, Stephen Lind, Lind, We've, Jack Dorsey, Twitter, Dorsey, David Carr Organizations: Social, Business, Applied Social Media, Cuban, Meta, USC Marshall School of Business, Bluesky, Twitter Locations: Similarweb

☆ Cathie Wood's Ark pitches mom-and-pop investors on exposure to Elon Musk's startups
▼ + stars: | 2024-11-19 | by ( Melia Russell | ) www.businessinsider.com time to read: +3 min

AdvertisementIn an email to subscribers, Ark Invest highlighted its exposure to Elon Musk's private companies. Its venture fund includes stakes in SpaceX, X, and xAI, totaling nearly 15% of net assets. Ark Invest hyped Musk's influence with Donald Trump, saying his companies could also benefit. SpaceX was Ark Venture Fund's largest holding, with about 13% of assets, worth an estimated $8.7 million. In a recent interview, Winton illuminated the factors that drove Ark's investments in Musk's companies.

Persons: Elon, Donald Trump, Elon Musk, Brett Winton, Elon Musk's, Ark, xAI, Trump, Musk, He's, Winton Organizations: Ark Invest, SpaceX, Ark, Elon, Invest, ARK Venture Fund, Ark Venture, Trump megadonor, Trump's, Winton Locations: Elon, United States

☆ 2 key components of a good friendship, from duo who share a business and 15 years as friends
▼ + stars: | 2024-11-19 | by ( Renée Onque | ) www.cnbc.com time to read: +2 min

Savannah James and April McDaniel have known each other for 15 years, and run two businesses together while maintaining their friendship. "I felt like this is something fun that I want to do with my friend," James tells CNBC Make It. James and April McDaniel, founder of the marketing agency Crown + Conquer, knew their friendship could survive becoming partners in a business. 2 key components of a good friendship, from friends who own a business together1. Show up authentically "The essential component of a good friendship is being your truest self," McDaniel tells Make It.

Persons: Savannah James, April McDaniel, Lebron James, James, McDaniel Organizations: NBA, CNBC Locations: Savannah

☆ Martha Stewart on 100th book and new Netflix documentary
▼ + stars: | 2024-11-19 | 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 EmailMartha Stewart on 100th book and new Netflix documentaryMartha Stewart, entrepreneur and author of ‘Martha: The Cookbook’, joins 'Squawk Box' to discuss how different the role of books is from the time Stewart wrote her first book, Stewart's takeaways on her Netflix documentary, and much more.

Persons: Martha Stewart, ‘ Martha, Stewart, Stewart's takeaways Organizations: Netflix

☆ We got engaged, and then decided marriage isn't for us. We're staying together the Goldie Hawn-and-Kurt Russell way.
▼ + stars: | 2024-11-19 | by ( Julia Pugachevsky | ) www.businessinsider.com time to read: +4 min

A few years into being engaged, they decided against marriage but stayed together. Uthe, an entrepreneur, said the risk of divorce made her worried about the future of her business. While we both respect marriage, we ultimately decided it wasn't for us. It's made us firmer in our decision to stay together without marriage; we don't believe in pushing ourselves toward something we don't want. AdvertisementWe tell people we're like Goldie Hawn and Kurt Russell, who have been together for 40 years but never married.

Persons: Adrienne Uthe, Eric, Bumble, I've, who's, doesn't, we've, It's, Goldie Hawn, Kurt Russell, I'm Locations: Salt Lake City, Las Vegas, Utah

Members of the Hispanic and LGBTQ communities are being targeted with these kinds of disturbing text messages by people hiding behind anonymous phone numbers. Now, authorities are investigating cases in which other groups of people are reportedly getting text messages saying they have been "selected for deportation or to report to a re-education camp." The language of the text messages sent to these students were not identical, but they all referenced deportations and actions by Immigration and Customs Enforcement. ICE does not send "random text messages to people," the spokesperson said in a phone interview. "Sending text messages in the blind is not how us Immigration Customs Enforcement operates.

Persons: LGB, Donald Trump’s, Santiago Marquez, Santiago, “, ” Santiago, Diana Brier, Donald J, Trump, Donald J Trump, Jesus Christ, ”, Brier, she’s, I’m, ” Brier, she's, won’t, Gilda Pedraza, Pedraza, Marquez Organizations: FBI, Department of Justice, Black, Latin American Association, Immigration, Customs, NBC News, Executive ICE, ICE, Enforcement, Nellis Air Force Base, Las Vegas, Air Force, Las, Las Vegas FBI, Blacks, Latino Community Fund Georgia Locations: Georgia, Las Vegas, Brown, Nevada, Colorado

☆ Meet Victoria Kjær Theilvig, the first Miss Denmark to win Miss Universe
▼ + stars: | 2024-11-18 | by ( Anneta Konstantinides | ) www.businessinsider.com time to read: +5 min

AdvertisementVictoria Kjær Theilvig is the first Miss Denmark to win Miss Universe in the pageant's history. Victoria Kjær Theilvig is a historic Miss UniverseTheilvig's crowning moment on the Miss Universe stage. AdvertisementTheilvig is also the first blond to win Miss Universe since Miss Australia Jennifer Hawkins did so in 2004. In her Miss Universe video, Theilvig said she was practicing her public speaking and runway walk in preparation for Miss Universe so she could be "the best version of myself." Theilvig became a mental-health advocate after overcoming childhood traumaTheilvig is the first Miss Denmark to win Miss Universe in the pageant's 73-year history.

Persons: Theilvig, Victoria Kjær Theilvig, Victoria Kjær, Hector Vivas, Theilvig nabbed, Jennifer Hawkins, Chidimma Adetshina, Miss Malta Beatrice Njoya, Miss Egypt Logina Salah, Let's Organizations: Miss Denmark, Miss, 73rd Miss, Miss Grand Locations: Mexico City, Miss Denmark, Miss Nigeria, Miss Egypt, Copenhagen

☆ Michelle Yeoh said not being able to have kids has been the 'biggest sadness' of her life
▼ + stars: | 2024-11-18 | by ( Erin Liam | ) www.businessinsider.com time to read: +4 min

AdvertisementIn 1988, Michelle Yeoh left acting to focus on marriage and starting a family. While Michelle Yeoh's "biggest sadness" in life is not being able to have kids, the actor has no regrets. In an interview with The Times published on Sunday, Yeoh, 62, opened up about her first marriage to Dickson Poon, a Hong Kong entrepreneur and CEO. Advertisement"Maybe that is the biggest sadness in my life, that I cannot have kids," she told The Times. Still, Yeoh knew that Poon wanted kids.

Persons: Michelle Yeoh, Dickson Poon, Michelle Yeoh's, Yeoh, I'd, " Yeoh, Poon, Jean Todt, Nicolas, Darina, Maxime ❤️ 💖✨ Organizations: Times, Ferrari Locations: Hong Kong

☆ I moved from the US to Costa Rica. It was the only way my family could buy a house and afford childcare.
▼ + stars: | 2024-11-18 | by ( Lauren Crosmedlicott | ) www.businessinsider.com time to read: +4 min

AdvertisementZachary Gerth is a 37-year-old American who moved to Costa Rica in February 2022 with his partner. He is now raising his daughter in Costa Rica and can afford a nanny who is part of the family. AdvertisementSo, we took the plunge and moved to Costa Rica. Before moving to Costa Rica, we took a five-week trip and stayed in five different places to decide where to move. We may stay in Costa Rica, in a different town, or move to another country.

Persons: Zachary Gerth, Anna, That's, Costa Organizations: Peace Corps Locations: Costa Rica, Africa, Central, South America, Nuevo Arenal, Costa Rican

Federal prosecutors have accused Sean “Diddy” Combs of breaking jail rules in an attempt to manipulate witness testimony and taint the potential jury pool in his case, according to a court document filed Friday. His legal team is fighting the decision to keep Combs in federal custody and has requested a new bail hearing. Prosecutors filed an opposition to the motion in the Southern District of New York, accusing Combs of engaging in obstruction even while he sits behind bars. Jane Rosenberg / ReutersAccording to prosecutors, Combs has ordered payments to fellow inmates to use their telephone accounts and has used three-way calling to contact people who are not on his approved contacts list against federal prison regulations. Ventura settled with Combs a day after the lawsuit became public, and Combs denied all of the allegations in it.

Persons: Sean “ Diddy ” Combs, Combs, “, Jane Rosenberg, Diddy, ”, Casandra Ventura, Cassie, Ventura Organizations: Detention Center, Prosecutors, of, NBC News, ” Prosecutors, MDC, ”, Homeland Security Locations: Brooklyn’s, Southern, of New York, New York City, California , New York, Florida

☆ Insider Today: Uncle Elon vs. Uncle Sam
▼ + stars: | 2024-11-17 | by ( Matt Turner | ) www.businessinsider.com time to read: +4 min

He talked to Business Insider about facing the "vacuum of death" in just a spacesuit. On the agenda today:Related VideoBut first: The world's richest man takes on the world's biggest government budget. Walking the DOGEXAOC/Getty, The Washington Post/Getty, t_kimura/Getty, Tyler Le/BIElon Musk made his name and fortune disrupting antiquated industries. AdvertisementBI secured access to an internal Tesla pay database, revealing the company's high-risk, high-reward system. The pay structure is ultimately part of CEO Elon Musk's quest to hire the most "hardcore" employees.

Persons: Jared Isaacman, XAOC, Tyler Le, Elon Musk, he's, Musk, Tesla, Reagan, Clinton, Jordan Strauss, Rebecca Zisser, Elon, Robot, Anna Kim, Getty, Michael Ostuni, —, Fiona Carter, Natalie Ammari, Sylvia Yeh, Goldman Sachs Organizations: Business, SpaceX, The Washington Post, Elon, of Government Efficiency, Twitter, Big Government, Big Tech, Tesla, Forward Press, Goldman, Corporate America

☆ Miss Denmark has been crowned the winner of Miss Universe for the first time in the pageant's history
▼ + stars: | 2024-11-17 | by ( Anneta Konstantinides | ) www.businessinsider.com time to read: +2 min

Miss Denmark Victoria Kjær Theilvig won the Miss Universe title. Miss Denmark Victoria Kjær Theilvig has been crowned the new Miss Universe. AdvertisementTheilvig, 21, was named the winner of the 73rd Miss Universe competition on Saturday night. Theilvig is the first Miss Denmark to win Miss Universe. Theilvig is the first Miss Denmark to win Miss Universe.

Persons: Victoria Kjær Theilvig, Sheynnis Palacios, Hector Vivas, Miss Nigeria Chidimma, Miss Mexico María Fernanda Beltrán Figueroa, Theilvig, Miss Nigeria Chidimma Adetshina, Adetshina, Miss Egypt Logina Salah, vitiligo, Beatrice Njoya Organizations: Miss Universe, Miss, Victoria, 73rd Miss, Miss Denmark, Miss Nigeria Locations: Mexico City, Nicaragua, Miss Nigeria, Denmark, Miss Egypt

☆ We left stable careers in tech and consulting to open a cocktail bar in New York City. It was professionally risky but worth it.
▼ + stars: | 2024-11-17 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +6 min

AdvertisementAvi Singh and Rishi Rajpal left their stable jobs to open a New York City cocktail bar in 2019. This as-told-to essay is based on a conversation with Avi Singh, 30, and Rishi Rajpal, 34, the co-owners of Sama Street, and David Muhs, 40, the head bartender at Sama Street. We wanted Sama Street to be based on our upbringing and experiences. AdvertisementWe opened Sama Street in 2019David: We learned so much during that process. But Sama Street is in Greenpoint, a very close-knit neighborhood, so our regulars showed up for us.

Persons: Avi Singh, Rishi Rajpal, David Muhs, Jake, Kristyn Cook, Avi, Rishi, Alex Staniloff, David, We've, It's Organizations: Emory, Excel Locations: New York City, Sama, New Delhi, India, Atlanta, New York, Greenpoint

For Brandon Mintz, it was the text messages and calls that started rolling in from friends and colleagues asking how high bitcoin prices could go. Strategic reserve could set off 'bitcoin space race'Under this idea, the U.S. would establish a “strategic bitcoin reserve,” like the ones it already maintains for gold and oil. A day later, Trump echoed the strategic reserve idea, though did not put a specific figure on it. On Nov. 6, Lummis posted on X in all-caps, “WE ARE GOING TO BUILD A STRATEGIC BITCOIN RESERVE,” alongside two American flags. For crypto supporters, a strategic bitcoin reserve would send a signal to markets and countries alike about the digital token’s value.

Persons: Brandon Mintz, Lee Bratcher, Donald Trump’s, Bratcher, ”, Trump’s, ’, Mintz, ” Mintz, they’ve, ‘, Ric Edelman, ” Edelman, JP Richardson, Trump, Nicholas Percoco, ” Percoco, —, Robert F, Kennedy Jr, Human Services —, Sen, Cynthia Lummis, Lummis, David Bailey, Michael Terpin, “, ” Terpin, He’s Organizations: American Blockchain, Republican, Texas Blockchain, NBC News, FBI, Trump, Securities and Exchange Commission, Commodity Futures Trading Commission, Edelman Financial Services, Liberty, Strategic, Bitcoin Conference, Department of Health, Human Services, Social Security, BTC Inc, Bitcoin Locations: Texas, Dallas, Bitcoin, bitcoin, U.S, Nashville

☆ Trump picks fracking company CEO Chris Wright as next Department of Energy secretary
▼ + stars: | 2024-11-16 | by ( Ella Nilsen | ) edition.cnn.com time to read: +2 min

CNN —President-elect Donald Trump on Saturday named Chris Wright, the CEO of Denver-based fracking company Liberty Energy, as his pick to be the next secretary of the Department of Energy. Wright will also serve as a member on the newly formed Council of National Energy, which Trump said will consist of all agencies involved in the “permitting, production, generation, distribution, regulation, transportation” of energy. In addition to his company’s work on fracking oil and natural gas, Wright also sits on the board of a modular nuclear reactor company and has talked about the potential of nuclear energy. Developing nuclear energy has become a big focus of the Biden administration’s Energy Department. “Standing in the way of today’s energy system before we’ve built a new energy system, there’s just no upside in that,” Wright told CNBC.

Persons: Donald Trump, Chris Wright, Wright, Trump, Doug Burgum –, “ Chris, Chris, ” Trump, Harold Hamm, ” Wright, Joe Biden, “, we’ve, ” Organizations: CNN, Liberty Energy, Department of Energy, of National Energy, North Dakota Gov, Department of, Energy, Gas, American Energy Independence, Global Energy Markets, Biden administration’s Energy Department, National Nuclear Security Administration, Hart Energy, CNBC, International Energy Agency Locations: Denver, Oklahoma

☆ Trump picks Liberty Energy CEO and Oklo board member Chris Wright as Energy secretary
▼ + stars: | 2024-11-16 | by ( Spencer Kimball | ) www.cnbc.com time to read: +2 min

President-elect Donald Trump on Saturday selected Liberty Energy CEO Chris Wright to serve as the next energy secretary of the United States. Wright serves on the board of Oklo , a nuclear power startup backed by OpenAI CEO Sam Altman that is developing micro reactors. Wright will also serve on Trump's Council of National Energy, the president-elect said Saturday. "There is no climate crisis and we're not in the midst of an energy transition either," Wright said in a video posted on his LinkedIn page last year. "There is no such thing as clean energy or dirty energy," Wright said.

Persons: Donald Trump, Chris Wright, Wright, Sam Altman, Trump's, Doug Burgum, we're, Trump, Chris Organizations: Republicans, Hyatt, Saturday, Liberty Energy, United States . Liberty Energy, Trump, U.S, Trump's, of National Energy, Interior Secretary, North Dakota Gov, American Energy Independence, Global Energy Markets, The, Energy Information Administration Locations: Washington , DC, United States, Denver, The U.S, Russia, Saudi Arabia

Search resuls for: "Entrepreneur"

25 mentions found