DIRS.INFO The most relevant business & tech news

☆ Pricing is really weird lately
▼ + stars: | 2024-07-10 | by ( Jordan Parker Erb | ) www.businessinsider.com time to read: +7 min

In today's big story, we're looking at why pricing is so weird these days . More recently, Walmart introduced digital price tags, which some people said could be used for variable pricing. The constantly changing costs have consumers feeling a sense of price fatigue, Emily writes. Emily writes that most economists agree that government-mandated price-fixing isn't the way to go about it. So, as Emily writes, you can't fault anyone for feeling a certain sense of doom and gloom about the economy.

Persons: —, Alyssa Powell, Emily Stewart, Emily, Michael Raines, Rebecca Zisser, Michael Arone, Steve Granitz, Elon Musk, Tyler Le, Larry Page, Biden, Keir Starmer, Rishi Sunak's, Jerome Powell, Jordan Parker Erb, Lisa Ryan, Hallam Bullock, Annie Smith, Amanda Yen Organizations: Service, Soviet Union, Business, Walmart, JPMorgan, Wall, Group, State, Navy, Spotify, Labour Party, Samsung Locations: Montana, Soviet, America, USA, Diego, Idaho, New York, London

☆ More Americans are feeling a six-figure salary can't afford them a middle-class lifestyle
▼ + stars: | 2024-05-06 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, we're looking at people who feel like a middle-class salary doesn't equal a middle-class lifestyle . The big storyMiddle-class meltdownMichael Raines"Lately, I'm getting the feeling that I came in at the end. AdvertisementBusiness Insider's Jennifer Sor has a report on the people making over six figures who think the middle-class lifestyle they dreamed of isn't realistic for their salary . AdvertisementMarco Bottigelli/Getty, Yevgen Romanenko/Getty, Maskot/Getty, Tyler Le/BILet's address the elephant in the room: A six-figure salary is still a lot of money. Words like "AI Infrastructure" and "generative AI" point to more money heading to Nvidia for its popular H100 GPU chip.

Persons: —, Michael Raines, I'm, It's, Tony Soprano bemoaned, Jennifer Sor, Vincent, it's, Marco Bottigelli, Yevgen Romanenko, Tyler Le, Jenny Chang, Rodriguez, Warren Buffett, Buffett, Shruti Gandhi, Dalton Caldwell, James Cham, Hemant Taneja, Jenny Lefcourt, Nick Little, Sam Altman, Alice Zhang, Serena Williams, Jack Dorsey, Dorsey, — Dorsey, Bluesky, Alyssa Powell, Katie Notopoulos, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover, Grace Lett Organizations: Service, Business, Pew Research Center, nab, Adobe, Wall, Hamptons, Nvidia, Genomics, Serena Ventures, Fortune, Starbucks Locations: New York, Zillow, Santa Barbara , California, Berkshire, Bluesky, London, Chicago

☆ US and China are buying into Mexico’s manufacturing moment
▼ + stars: | 2024-04-28 | by ( John Towfighi | ) edition.cnn.com time to read: +9 min

CNN —As US supply chains decouple from China, Mexico’s manufacturing sector is emerging as a winner. Ramos said Mexico and China have been competing for the US manufacturing market for years, but amid a shifting US-China relationship, Mexico looks poised to pull ahead. Those exports were driven by manufacturing, which comprises 40% of Mexico’s economy, according to Morgan Stanley. Meanwhile, Chinese exports to the US were down 20% in 2023, compared to 2022. Analysts at Morgan Stanley see the value of Mexico’s exports to the United States growing from $455 billion to about $609 billion in the next five years.

Persons: That’s, nearshoring, Alberto Ramos, Goldman Sachs, Ramos, Morgan Stanley, Katherine Tai, CNN’s Julia Chatterley, Tai, United States Jose Luis Gonzalez, Xeneta, Peter Sand, Jose Enrique Sevilla, John Raines, Goldman’s Ramos, Biden, Raquel Buenrostro, —, Joe Biden, Donald Trump, Trump, ”, Global’s, Raines, Christoffer Enemaerke, “, Tesla, Elon Musk, Julio Cesar Aguilar, BYD doesn’t, RBC’s Enemaerke, Michael Nam Organizations: CNN, Manufacturing, Commerce Department, US Trade, General Motors, Ford, Reuters, Shipping, Container Trade, Xeneta, Moody’s Analytics, P Global Market Intelligence, steelworkers, “, Global’s Sevilla, Macip, RBC, Getty, BYD, ” Sevilla, Monterrey Locations: China, Mexico, Canada, North America, US, Ciudad Juarez, United States, Pittsburgh, Mexican, Monterrey, ”, Nuevo Leon, Asia

☆ A New Creature Emerges From a Forest Drowned by the Gulf of Mexico
▼ + stars: | 2024-02-06 | by ( Veronique Greenwood | ) www.nytimes.com time to read: +2 min

But this mussel was tiny and pale and, strangest of all, lived a mere 60 feet or so down. Dr. Distel and his colleagues discovered the mussel while they were investigating an ancient underwater forest off the coast of Alabama. During the last ice age, bald cypresses grew in what was then a swamp a hundred miles from the ocean. Then, sometime between 45,000 and 70,000 years ago, as sea levels rose, the trees were swallowed by the advancing sea. For millenniums, all was still in the forest, until heavy waves stirred up by one of the hurricanes of 2004 scooped away the sand.

Persons: Dan Distel, wasn’t, Distel, Vadumodiolus, cypresses, Ben Raines Organizations: Genome, Northeastern University Locations: Boston, Alabama, Gulf of Mexico

COUNCIL BLUFFS, Iowa (AP) — Ron DeSantis and Nikki Haley pushed across ice-cold Iowa Saturday to find voters open to an alternative to former President Donald Trump with just two days before the state's caucuses open the Republican primary calendar. DeSantis in particular is under great pressure in Iowa given his campaign's heavy bet on a strong finish in the caucuses. Courtney Raines, a special education teacher, came to hear Haley on Saturday morning and said she would try to see DeSantis later in the day. Carroll Hinchion, a 30-year-old independent, is considering caucusing with Republicans as well and came to hear DeSantis in Council Bluffs. “The Republican caucus that’s going to happen on Monday night is going to send a shockwave.

Persons: Ron DeSantis, Nikki Haley, Donald Trump, Trump, ”, DeSantis, Haley, “ You’re, Michael Durham, braved, Durham, Courtney Raines, “, Raines, Koch, Patti Parlee, Parlee, ” Parlee, Julie Slinger, Joe Biden, Slinger, Carroll Hinchion, Hinchion, Biden, ” Trump, Bob Dole, Kari Lake, that’s, Mariannette Miller, Meeks, Ashley Hinson, Miller, Trump’s, Texas Sen, Ted Cruz, ___ Beaumont, Colvin, Barrow, Meg Kinnard, Hannah Fingerhut Organizations: Republican, Trump, South, Prosperity, Koch Brothers, AFP, ” Independents, Democratic, Democrat, Senate, Associated Press Locations: Iowa, Mississippi, Davenport, New Hampshire, ”, Florida, Bluffs , Iowa, DeSantis, Durham, Bluffs, South Carolina, Urbandale, Iowa City, Arizona, , Iowa, Texas, Miller, Iowa City , Iowa, Urbandale , Iowa, Atlanta, Cedar Falls , Iowa, Davenport , Iowa

☆ It's not just you. LinkedIn has gotten really weird.
▼ + stars: | 2023-09-25 | by ( Rob Price | ) www.businessinsider.com time to read: +19 min

The number of LinkedIn posts grew 41% from 2021 to 2023. A larger rival account emerged, State Of LinkedIn, and a Reddit community thrived — "LinkedIn Lunatics." "Do you realize how dangerous it is to troll via LinkedIn posts? For most people, their LinkedIn posts don't escalate so rapidly. According to Joseph Yeh, a tech recruiter in California who used to work for LinkedIn, revelatory posting is a balancing act.

Persons: Matthew Sciannella, I'm, Sciannella, he'd, Peter Rota, Rota, Xavier Lalanne, There's, Oversharing, Gen, Catalina Valentino, Elon, Sarah Frier, John Hickey, Ted Talkification, you'd, Hickey, Peter Rota's, Hickey wasn't, ominously, Jack Raines, sagely, Alexander Cohen, Cohen's, Raines, Cohen, Jacqueline Rainey —, he's, Young, —, , John Reid, Jon Franko, Franko, Instagram, @BestofLinkedIn, Reid, hypocritically, Joseph Yeh, Yeh, Daniel Roth, Fortune, Roth, Sciannella's, didn't, Slack, Franko's, Jameson, who's, He's, Rob Price Organizations: LinkedIn, Facebook, Microsoft, peeing, Economic, Twitter, Bloomberg, Columbia Business School, New York, New York Mets Locations: Washington, DC, Massachusetts, Davos, San Francisco, San Francisco Bay, New York City, Columbia, Manhattan, Bay, Oakland, California

All of these were ways to find meaning and solace in three lives snuffed out in an all-too-familiar American story that began with an angry man with an AR-15. But coming on the 60th Anniversary of Martin Luther King Jr.’s March on Washington and his “I have a dream” speech, it was hard for some not to see a larger context as well in the lives lost in Saturday’s shooting in Jacksonville, Fla. His life was marked by “resilience and positivity, even in the face of adversity,” his brother, Quantavious Laguerre, wrote online. never had a record, never received a referral in school and never got into a fight,” Quantavious Laguerre wrote on a GoFundMe page. “He was a kindhearted and gentle soul who loved playing video games and supporting his family and friends.”Ms. Carr and Mr. Gallion both lived lives shaped by their church and family.

Persons: Anolt Joseph Laguerre Jr, William M, Angela Michelle Carr, Martin Luther King Jr, ’, David W, Saint Stephen, “ Dr, Martin Luther King, Laguerre, ”, Quantavious Laguerre, “, ” “ A.J, ” Quantavious Laguerre, ” Ms, Carr, Gallion Organizations: Raines High, Saint Stephen A.M.E, Lincoln, America Locations: Asia, Washington, Jacksonville, Fla, New

☆ In Los Angeles, Bringing Food, Soap and the Salon to the Homeless
▼ + stars: | 2023-06-21 | by ( Joshua Needelman | ) www.nytimes.com time to read: +1 min

‘It’s become a little internet family’Ms. Raines wants to spread that outlook — and has harnessed social media to do so. It is also a fund-raising device for an operation that runs entirely on donations, Ms. Raines said. “People have grown to love some of the people that we support and take care of,” Ms. Raines said. Some days, Ms. Raines brings McDonald’s burgers. Sometimes a chef in a food truck cooks enchiladas, chicken tortilla soup or vegan cauliflower steaks.

Persons: ‘ It’s, Ms, Raines, ” Ms, “ It’s, Sydney Granados Organizations: Costco Locations: Downtown Los Angeles

☆ A nurse and her boyfriend got high-fives from other Southwest Airlines passengers after they saved a man's life on a flight to Baltimore, say reports
▼ + stars: | 2023-06-02 | by ( Alia Shoaib | ) www.businessinsider.com time to read: +3 min

A nurse was on a Southwest flight when a passenger experienced a medical emergency. A nurse and her boyfriend saved a man's life who stopped breathing while on a Southwest Airlines flight to Baltimore, reports say. "It was quite alarming, obviously, seeing his face look that way," Raines told CBS. The couple were greeted warmly by fellow passengers, who gave them high-fives after they had saved the man's life, CBS reported. They believe that multiple factors played a role, mostly due to his low oxygen levels," Raines told the outlet.

Persons: Emily Raines, Daniel Shifflett, Raines, Shifflett, We're Organizations: Morning, Southwest Airlines, CBS News, Greater Baltimore Medical Center, CBS, Guardian Locations: Baltimore, Ft . Lauderdale, Bahamas, Raleigh , North Carolina

☆ Analysis: Investment banking faultlines trigger European job shake-up
▼ + stars: | 2023-05-19 | by ( Sinead Cruise | ) www.reuters.com time to read: +5 min

Applications for financial services roles globally rose by 67% in the first quarter of 2023 against the same period last year, according to eFinancialCareers. Britain has already said it will scrap a cap on bank bonuses under plans to attract global financial sector talent. Worries about possible contagion triggered by the frailty of the U.S. regional banking system have also put some bank staff on a quest for more secure employment, sources say. Duncan Finlayson, managing director of the FinTech & Financial Services practice at Raines International, said some wanted meetings with chief financial officers to better understand the financial health of prospective employers. "Without a doubt some of the more established financial services platforms are under more heavy scrutiny," he said.

☆ Even a technical default in the U.S. could lead to millions of job losses, S&P says
▼ + stars: | 2023-05-17 | 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 EmailEven a technical default in the U.S. could lead to millions of job losses, S&P saysJohn Raines of S&P Global Market Intelligence says "it's going to be pretty ugly."

Organizations: & & '

☆ Demetrius Haley didn't tell Tyre Nichols why he'd been pulled over. The Memphis cop was talking on the phone during the stop, documents show.
▼ + stars: | 2023-02-08 | by ( Haven Orecchio-Egresitz | ) www.businessinsider.com time to read: +4 min

Former Memphis officer Demetrius Haley never told Tyre Nichols why he was pulled over. Department records say Haley approached Nichols while talking on the phone in a black hoodie. He yelled profanities, despite no evidence that Nichols ever swore at or threatened officers. "You never told the driver the purpose of the vehicle stop or that he was under arrest." A day after Nichols' beating, the department released a statement describing a "confrontation" with an alleged reckless driver, later identified as Tyre Nichols.

☆ The Memphis Police Department's original report on Tyre Nichols death is full of discrepancies and outright omissions, newly released bodycam footage shows
▼ + stars: | 2023-01-28 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +6 min

On January 8, Memphis Police released a statement about a "confrontation" with a reckless driver. New bodycam video shows officers beating Nichols, which is omitted in the police version of events. But bodycam footage of the incident, released Friday, revealed a different story of the brutal beating that left the 29-year-old dead. —Memphis Police Dept (@MEM_PoliceDept) January 8, 2023The statement continued: "Officers pursued the suspect and again attempted to take the suspect into custody. Later in the footage, Nichols' cries become less coherent, his speech slurs, and he struggles to stand up.

An annotated satellite image of the Memphis neighborhood where Tyre Nichols was fatally beaten by police officers shows a timeline of the encounter, from the traffic stop to the beating. Nichols’s mother’s house Ross Rd. Nichols’s mother’s house About 8:27 p.m. Nichols runs toward his mother’s house. About 8:24 p.m. Police confront Tyre Nichols at a traffic stop. At least three officers slap and punch Mr. Nichols, who screams, “Mom!”“Hit him!” one officer yells as another beats Mr. Nichols with a baton.

☆ The timeline of Tyre Nichols' death, from being stopped by Memphis cops to officers being charged with his murder
▼ + stars: | 2023-01-27 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +8 min

Tyre Nichols died after he was beaten by Memphis police officers, his family's attorneys say. The Memphis Police Department has not released many details about the case, but Police Chief Cerelyn Davis condemned the incident as "heinous, reckless, and inhumane." January 10: Nichols diesThe Tennessee Bureau of Investigation announced that Nichols had "succumbed to his injuries." January 20: Memphis Police says five officers firedMemphis police officers Demetrius Haley, Tadarrius Dean, Justin Smith, Emmitt Martin, and Desmond Mills Jr. are facing murder charges. Wells added that the footage showed Nichols repeatedly calling out for his mother, according to The Washington Post.

☆ Why sneaker prices are at a 40-year high, with one economist comparing them to an 'erratic' EKG
▼ + stars: | 2023-01-06 | by ( Matthew Kish | ) www.businessinsider.com time to read: +4 min

Footwear prices increased more in 2022 than in any of the previous 40 years. A sneaker economist expects footwear inflation to moderate this year. That goes for sneaker prices, too. Through November, footwear prices were up 4.96% in 12 months, while inflation was running at 7.1%. "It was unlike anything the industry had ever seen before," he told Insider, describing footwear prices the last few years as "suddenly erratic, like an EKG."

☆ 'White Lives Matter' T-shirts were handed out on Los Angeles’ skid row. One woman decided to give unhoused people an alternative option.
▼ + stars: | 2022-10-21 | by ( Angela Yang | Angela Yang Is An Intern For Nbc News Digital. | ) www.nbcnews.com time to read: +6 min

A Los Angeles woman is handing out plain T-shirts to unhoused people to provide them with an alternative clothing option after boxes of excess T-shirts emblazoned with the phrase“White Lives Matter” were recently dropped off on skid row. The Anti-Defamation League describes “White Lives Matter” as a “white supremacist phrase” and categorizes it as a “hate slogan.”“The answer to why I wrote ‘White Lives Matter’ on a shirt is because they do,” Ye said during an interview with Fox News host Tucker Carlson. “It’s not about 'Black Lives Matter' or 'White Lives Matter,'” Raines said. “It’s about safety.”It’s not about 'Black Lives Matter' or 'White Lives Matter.' Out of the hundreds of people Raines crossed paths with, she said she met only one woman walking around with the "White Lives Matter" shirt.

Search resuls for: "Raines"

17 mentions found