DIRS.INFO The most relevant business & tech news

☆ Live results: Democrat Jamie McLeod-Skinner faces off against Republican Lori Chavez-DeRemer in Oregon's 5th Congressional District election
▼ + stars: | 2022-11-09 | by ( Hanna Kang | Dorothy Cucci | ) www.businessinsider.com time to read: +5 min

Democrat Jamie McLeod-Skinner is running against Republican Lori Chavez-DeRemer in Oregon's 5th Congressional District. Democrat Jamie McLeod-Skinner faces off against Republican Lori Chavez-DeRemer in Oregon's 5th Congressional District. 2022 General EmbedsOregon's 5th Congressional District candidatesMcLeod-Skinner is a small business owner and emergency response coordinator. McLeod-Skinner defeated seven-term incumbent Rep. Kurt Schrader in the Democratic primary for Oregon's 5th Congressional District, securing 56.9% of the vote to his 42.7%. Voting history for Oregon's 5th Congressional DistrictOregon's 5th Congressional District is situated to the west of the state and encompasses Bend and the Portland suburbs.

WASHINGTON, Oct 31 (Reuters) - A planned $2.2 billion merger of Penguin Random House, the world's largest book publisher, and rival Simon & Schuster cannot go forward, a U.S. judge ruled on Monday. Unlike most merger fights, which are focused on what consumers pay, this one focused on authors' earnings. Penguin writers include cookbook author Ina Garten and novelists Zadie Smith and Danielle Steele, while Simon & Schuster publishes Stephen King, Jennifer Weiner and Hillary Rodham Clinton, among others. Penguin is owned by German media group Bertelsmann SE & Co (BTGGg.F) while Paramount Global (PARA.O) owns Simon & Schuster. The top five publishers are Penguin Random House, HarperCollins, Macmillan, Simon & Schuster and Hachette, with Walt Disney Co (DIS.N) and Amazon.com Inc (AMZN.O) also in the market.

☆ Russian women worried about their sons dying in Ukraine should have more babies, influential Orthodox priest says
▼ + stars: | 2022-10-27 | by ( Sophia Ankel | ) www.businessinsider.com time to read: +2 min

Vladimir Putin ordered the partial mobilization of 300,000 military reservists last month. An Orthodox priest was asked if he sympathizes with the mothers of mobilized Russian recruits. Mikhail Vasilyev said women should have more babies if they are sad about their sons going to war. download the app Email address By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our Terms of Service and Privacy PolicyAn influential Orthodox priest said that Russian women worried about their sons dying in Ukraine should have more babies. On Tuesday, Putin admitted that Russia faces "issues" in the Ukraine war and urged his team to "provide support for the special military operation."

☆ Logitech's quarterly sales down 12%, CFO to depart
▼ + stars: | 2022-10-25 | by ( ) www.reuters.com time to read: +2 min

Logitech mouses are seen in the computer shop in Zenica, Bosnia and Herzegovina October 20, 2020. The maker of keyboards, mice and headsets posted a 12% decline in sales at $1.15 billion in the three months ended Sept. 30. In constant currencies, which removes the impact of exchange rate swings, sales was down 7%. Register now for FREE unlimited access to Reuters.com RegisterNon-GAAP operating income plunged 26% to $156 million in the period, the second quarter of Logitech's financial year. Register now for FREE unlimited access to Reuters.com RegisterReporting by John Revill and Juby Babu; Editing by Shailesh KuberOur Standards: The Thomson Reuters Trust Principles.

☆ Logitech's quarterly sales down 12% to $1.15 bln
▼ + stars: | 2022-10-25 | by ( ) www.reuters.com time to read: 1 min

Logitech mouses are seen in the computer shop in Zenica, Bosnia and Herzegovina October 20, 2020. The maker of keyboards, mice and headsets posted a 12% decline in sales at $1.15 billion in the three months ended Sept. 30. In constant currencies, which removes the impact of exchange rate swings, sales was down 7%. Logitech also said its chief financial officer, Nate Olmstead, will be leaving the company. Register now for FREE unlimited access to Reuters.com RegisterReporting by John Revill and Juby Babu; Editing by Shailesh KuberOur Standards: The Thomson Reuters Trust Principles.

☆ World Bank sees Western Balkans economy growing 3.4% in'22, 2.8% in '23
▼ + stars: | 2022-10-24 | by ( ) www.reuters.com time to read: +2 min

"While growth in the first half of 2022 proved to be relatively robust, it is clear that the region is now heading into another storm," said Sanja Madzarevic-Sujster, the World Bank Senior Economist. Higher energy and food prices have pushed inflation to levels unseen for many years, eroding purchasing power and business confidence. Food inflation reached as much as 25% in Bosnia, Montenegro and North Macedonia, the report said. Also, the labour market is beginning to cool, with employment slowing amid the high inflation and increased uncertainty. Register now for FREE unlimited access to Reuters.com RegisterReporting by Daria Sito-Sucic; Editing by Diane CraftOur Standards: The Thomson Reuters Trust Principles.

☆ Ukraine's Zelenskiy asks Israel to join fight against Russia
▼ + stars: | 2022-10-24 | by ( ) www.reuters.com time to read: +2 min

JERUSALEM, Oct 24 (Reuters) - Ukrainian President Volodymyr Zelenskiy on Monday called on Israel to join the fight against Russia and repeated a request for Israeli air defense systems. Zelenskiy said in a video speech to a conference for the Israeli newspaper Haaretz. Or with those who turn a blind eye to Russian terror, even when the cost of continued terror is the complete destruction of global security," he said. Republican U.S. Representative Mike Turner told reporters on a conference call after he travelled to Ukraine that he was "personally disappointed" with Israel. Zelenskiy said that was not enough and asked that Israeli leaders reconsider sending air defenses as well.

☆ Election commission confirms preliminary results of Bosnia general vote
▼ + stars: | 2022-10-22 | by ( ) www.reuters.com time to read: +2 min

SARAJEVO, Oct 22 (Reuters) - Bosnia's election commission (CIK) confirmed preliminary results of Oct. 2 presidential and parliamentary elections on Saturday, showing the dominance of nationalist parties in parliaments at various levels of the Balkan country's governance. Bosnia remains a dysfunctional and unstable state almost three decades since the devastating conflict between its Serbs, Croats and Bosniaks as former Socialist Yugoslavia collapsed. The opposition parties that had accused him of rigging the vote have held two big rallies in Banja Luka after the vote. They asked the CIK to repeat the election in the Serb Republic but the commission rejected their request. Register now for FREE unlimited access to Reuters.com RegisterReporting by Daria Sito-Sucic; Editing by Daniel WallisOur Standards: The Thomson Reuters Trust Principles.

☆ Amnesty urges dropping of defamation charges against Bosnia environment activists
▼ + stars: | 2022-10-21 | by ( ) www.reuters.com time to read: +3 min

SARAJEVO, Oct 21 (Reuters) - Amnesty International has urged a Belgian-owned hydro-power company to drop defamation charges against young Bosnian activists who publicly criticised the environmental impact of their projects in Bosnia, saying they were baseless. Kovacevic and Tusevljak are part of a larger movement in Bosnia protesting against small hydro-power plants as authorities embrace the technology in an effort to replace aging coal-fired power stations. Activists were successful in getting legislation to ban the construction of small hydro-power plants through the country's Bosniak-Croat Federation parliament last July. The Serb Republic, the other Bosnian region where East Sarajevo is located, also passed legislation in February limiting the size of future small hydro-power plants. "People of Bosnia-Herzegovina have the right to oppose to small hydro-power plants but you cannot attack existing permits," Green Invest's Delacroix said.

☆ Democrat Jamie McLeod-Skinner faces off against Republican Lori Chavez-DeRemer in Oregon's 5th Congressional District election
▼ + stars: | 2022-10-21 | by ( Hanna Kang | ) www.businessinsider.com time to read: +3 min

Democrat Jamie McLeod-Skinner is running against Republican Lori Chavez-DeRemer in Oregon's 5th Congressional District. The 5th District is located in the western region of the state, which leans Democratic. Oregon's 5th Congressional District candidatesMcLeod-Skinner is a small business owner and emergency response coordinator. McLeod-Skinner defeated seven-term incumbent Rep. Kurt Schrader in the Democratic primary for Oregon's 5th Congressional District, securing 56.9% of the vote to his 42.7%. Voting history for Oregon's 5th Congressional DistrictOregon's 5th Congressional District is situated to the west of the state and encompasses Bend and the Portland suburbs.

☆ Bosnian woman marks 100th birthday by staging her own art exhibition
▼ + stars: | 2022-10-21 | by ( Daria Sito-Sucic | ) www.reuters.com time to read: +3 min

Nada Rudan, a 100-year-old self-taught Bosnian painter, speaks with a journalist during an interview in her home in Sarajevo, Bosnia and Herzegovina, October 20, 2022. "I don't know what boredom means, I don't know what depression means, I always find something to do," she says. Register now for FREE unlimited access to Reuters.com RegisterHer independent spirit, good health and love of travel help. After her husband died in 1999, Rudan visited the United States, central America and numerous European countries, and those journeys inspired many of her paintings, such as a volcano in Hawaii or pyramids in Mexico. Register now for FREE unlimited access to Reuters.com RegisterReporting by Daria Sito-Sucic; Editing by Susan FentonOur Standards: The Thomson Reuters Trust Principles.

The four FTC commissioners voted three to one to begin the lengthy process of writing rules by seeking comments on the prevalence of fraudulent online reviews and junk fees. These are sometimes labeled "service charges" on phone bills or imposed by hotels as "resort fees." FTC guidelines already say that posting fake reviews and endorsements is illegal. And it has proposed a rule to ban junk fees by car sellers. The commission also voted to begin the process of updating existing rules governing funeral homes.

☆ Factbox: Energy crisis revives coal demand and production
▼ + stars: | 2022-10-19 | by ( ) www.reuters.com time to read: +6 min

France - The Emile Huchet coal power plant restarted in early October, only six months after it closed, according to local media. Netherlands - Dutch energy minister Rob Jetten said in June the Netherlands will remove a production cap at coal-fired energy plants to preserve gas. In June, it said it plans to "increase thermal coal production from existing mines this year maximum by 1.5 million tonnes". Spain - The ministry for the ecological transition requested in May the delay of Endesa's As Pontes coal power station closure. (** Note that Ukraine's government has stopped releasing coal production data since the start of the war).

☆ Russia's attack on Ukraine shows that the US and Europe have to relearn how to fight an industrial war
▼ + stars: | 2022-10-18 | by ( Alexander Clarkson | World Politics Review | ) www.businessinsider.com time to read: +11 min

The military effort to support Ukraine shows how US and European defense priorities have been distorted. The war is a reminder that the US and Europe must fundamentally reassess how they prepare for war. The military responses Western states formulated toward these perceived threats were shaped by wider neoliberal policy approaches shaped by the impact of globalization. This greater reliance on private-sector actors to develop and administer key military functions also reflected a period of tightening defense budgets. An airman secures a GBU-38 Joint Direct Attack Munition on an aircraft at Barksdale Air Force Base in August 2014.

The announcement by Democratic Senator Amy Klobuchar, chair of the Senate Judiciary Committee antitrust panel, and Republican Senator Mike Lee confirmed a previous report by Reuters. A Kroger spokesperson said the company looked forward to the hearing. "We welcome the opportunity to outline how this transaction will benefit America’s consumers by expanding access to fresh, affordable food," the company said in a statement. Register now for FREE unlimited access to Reuters.com RegisterSeparately, Klobuchar and fellow Democrats Richard Blumenthal and Cory Booker released a letter expressing concern about the deal. Register now for FREE unlimited access to Reuters.com RegisterReporting by David Shepardson and Diane Bartz; Editing by Franklin Paul, Josie Kao and David GregorioOur Standards: The Thomson Reuters Trust Principles.

REUTERS/Lindsey WassonWASHINGTON, Oct 17 (Reuters) - When a Washington state beauty salon charged Simran Bal $1,900 for training after she quit, she was shocked. Register now for FREE unlimited access to Reuters.com RegisterNearly 10% of American workers surveyed in 2020 were covered by a training repayment agreement, said the Cornell Survey Research Institute. The practice, which critics call Training Repayment Agreement Provisions, or TRAPs, is drawing scrutiny from U.S. regulators and lawmakers. While waiting to complete the training, Bal worked at the front desk, which paid less. The International Brotherhood of Teamsters said in comments that training repayment demands were "particularly egregious" in commercial trucking.

From a broader national perspective, a combined Kroger and Albertsons does not pose any major threat to the competitive dynamics of the market." Kroger said it expects to reinvest about half a billion dollars of cost savings from deal synergies to reduce prices for customers. "The merger will accelerate our position as a more compelling alternative to larger and non-union competitors," Kroger Chief Executive Officer Rodney McMullen said. Goldman Sachs and Credit Suisse were the financial advisors to Albertsons, while Citigroup and Wells Fargo advised Kroger. Kroger will have to pay Albertsons $600 million if the deal is terminated.

☆ Bosnian Serb pro-Russian leader renews secession threat
▼ + stars: | 2022-10-10 | by ( ) www.reuters.com time to read: +3 min

BELGRADE, Oct 10 (Reuters) - Bosnian Serb separatist leader Milorad Dodik renewed his secession threat on Monday, a week after the general election in the ethnically-divided country showed his party remained dominant among the Serbs. Pro-Russian Dodik triggered the gravest political crisis in the postwar Bosnia last December when he tried to pull the Serb Republic out of key state institutions, such as judiciary, tax system and a joint armed forces. Under the Dayton peace agreement that ended its 1992-1995 war, Bosnia was split into two autonomous regions - the Serb Republic and the Federation shared by Croats and Bosniaks - linked by a weak national government. They held protests in the region's de facto capital Banja Luka, attended by thousands of supporters. read moreBosnia's election commission said it would look into all recount requests after final election results due in early November.

At the start of a three-week trial in Boston, Justice Department attorney William Jones said the Northeast Alliance, unveiled in July 2020, is a "de facto merger" of American and JetBlue's operations in Boston and New York. Hayes acknowledged that he had been critical of previous joint ventures similar to the Northeast Alliance. The trial started after a week in which U.S. judges ruled against the government in two antitrust fights: sugar and insurance. JetBlue is pursuing a $3.8 billion acquisition of low-cost rival Spirit Airlines (SAVE.N), subject to antitrust review. Hayes has said that no matter how the fight over the Northeast Alliance ends, it would be good for JetBlue's effort to buy Spirit.

☆ Skydiving keeps 88-year-old Bosnian in the pink
▼ + stars: | 2022-09-26 | by ( ) www.reuters.com time to read: +2 min

Ibrahim Kalesic, 88-year-old parachuter, waits to jump from airplane during Para Challenge Cup in Bihac, Bosnia and Herzegovina September 24, 2022. REUTERS/Dado RuvicBIHAC, Bosnia, Sept 26 (Reuters) - Bosnian Ibrahim Kalesic is living proof that extreme sports are not always a young man's game - at the age of 88 he keeps fit by regularly jumping out of aeroplanes. "I wish to go on with this for another 10 years so to get into a Guinness book of world records as the Bosnian parachuter." Kalesic made 21 jumps in five days last month during a competition in the northwestern town of Prijedor. His biggest wish is to get his own parachute and another one to use for training young jumpers.

☆ Djokovic has no regrets about missing Slams due to unvaccinated status
▼ + stars: | 2022-09-23 | by ( ) www.reuters.com time to read: +2 min

Serbian tennis player Novak Djokovic performs during the opening of a regional tennis centre that will prepare top tennis players for major tournaments, in Visoko, Bosnia and Herzegovina July 13, 2022. REUTERS/Dado RuvicLONDON, Sept 23 (Reuters) - Novak Djokovic missed two of this year's four Grand Slams due to not being vaccinated against the novel coronavirus but the Serbian said he has no regrets about his decision. Djokovic won the Australian Open, French Open and Wimbledon titles in 2021 but was unable to defend his Melbourne Park crown this year after being deported on the eve of the hardcourt major due to his unvaccinated status. The 35-year-old Serb, who has won 21 Grand Slam titles, was also unable to travel to New York for the U.S. Open. "No, I don't have any regrets," Djokovic told reporters on Thursday on the eve of the Laver Cup in London.

REUTERS/Dado Ruvic/Illustration/File PhotoWASHINGTON, Sept 22 (Reuters) - The U.S. Senate Judiciary Committee voted Thursday to approve a bill aimed at allowing news organizations to band together to negotiate with Alphabet Inc's (GOOGL.O) Google and Meta's (META.O) Facebook and win more revenue. The bill passed the committee by a vote of 15 to 7, according to a congressional aide. On Thursday Klobuchar won support for an amendment that specified that prices for use of content was the issue. "The goal of the bill is to allow local news organizations to get compensation when major titans, monopolies like Facebook and Google, access their content," she said at a committee session to vote on the bill. Also opposing the bill are two technology industry trade groups that Facebook and Google belong to: the Computer & Communications Industry Association and NetChoice.

☆ NASA astronaut, Russian cosmonauts launch to space
▼ + stars: | 2022-09-21 | by ( Jackie Wattles | ) edition.cnn.com time to read: +4 min

The spacecraft took off from the famed Baikonur Cosmodrome in Kazakhstan, carrying NASA astronaut Frank Rubio and Russian cosmonauts — Dmitri Petelin and Sergey Prokopyev.— on what is expected to be a six-month stay on the International Space Station. When Rubio and his Russian counterparts make it to the space station, they’ll be tag-teaming with astronauts from the United States, Russia and Europe. The fact that Rubio is traveling to space on a Russian Soyuz capsule is notable. That was answered in July when NASA and its Russian counterpart, Roscosmos, confirmed that sharing seats on rocket rides to the space station would continue. Russian cosmonauts are now expected to fly on SpaceX capsules in addition to NASA astronauts sharing seats on Russian Soyuz spacecraft.

REUTERS/Dado Ruvic/IllustrationCompanies Meta Platforms Inc FollowWASHINGTON, Sept 19 (Reuters) - A big group of U.S. states, led by New York, argued to an appeals court Monday that it should reinstate an antitrust lawsuit against Meta's (META.O) Facebook because of ongoing harm from the company's actions and because the states had not waited too long to file their complaint. She said the states' action was more akin to law enforcement so "laches," which forbids an unreasonable delay in filing, would not apply. The states are asking the three-judge panel on U.S. Court of Appeals for the District of Columbia to reinstate a lawsuit filed in 2020, the same time that the U.S. Federal Trade Commission sued the company. Arguing for Facebook, which had succeeded in getting the state lawsuit thrown out, Aaron Panner argued that the two acquisitions were well-publicized at the same, as was the company's policies regarding third-party apps. Facebook has been accused of punishing apps on its platform that, for example, connect with other social networks.

☆ Exclusive: Former top FBI official involved in Trump-Russia investigation under scrutiny by federal prosecutors for his own ties to Russia
▼ + stars: | 2022-09-15 | by ( Mattathias Schwartz | ) www.businessinsider.com time to read: +7 min

A former high-level FBI agent who was involved in the investigation into the Trump campaign's contacts with Russia during the 2016 election has himself come under scrutiny by federal prosecutors for his ties with Russia and other foreign governments. A witness subpoena obtained by Insider indicates information that federal prosecutors were seeking about former FBI official Charles McGonigal. "It's very rare that former FBI people at all, and certainly former senior FBI people, wind up as grand-jury targets," the official said. McGonigal used his official FBI letterhead to try and arrange a business meeting with Edi Rama, the prime minister of Albania. Since he left the FBI, McGonigal has continued to trade on his expertise in counterintelligence.

Search resuls for: "Bosnia"

25 mentions found