DIRS.INFO The most relevant business & tech news

☆ Russia is buying engines from China's AliExpress to make 'quick and dirty' drones that are proving lethal, Ukraine says
▼ + stars: | 2023-10-23 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +3 min

Russia is making drones using engines from AliExpress, a Ukrainian Air Force spokesman said. Ukraine learned this from the debris of drones used in Russia's invasion, he said. Drones have been a huge part of Russia and Ukraine's fight, but both sides struggle to have enough. AdvertisementAdvertisementRussia is making lethal drones using engines from Chinese e-commerce giant AliExpress, a Ukrainian Air Force spokesman said. Yurii Ihnat said that Ukraine knows Russia is making drones with the engines due to the debris left by damaged and destroyed UAVs.

Persons: Ukraine's, —, Yurii Ihnat, Ihnat Organizations: Ukrainian Air Force, Service, Pravda, BBC Locations: Russia, Ukraine, AliExpress, crowdfunding, China, Iran

☆ Ukraine will get ATACMS missiles that can fire twice as far as the ones it just received from the US, Ukrainian official says
▼ + stars: | 2023-10-20 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +3 min

Ukraine will get an upgraded model of the long-range missiles it just received, an official said. Ukraine likely used more limited ATACMS that it got from the US in a recent attack on Russian airfields. AdvertisementAdvertisementA Ukrainian official said he believes the country will soon receive ATACMS long-range missiles from the US that can travel almost twice as far as the model that just arrived in Ukraine. The US confirmed this week that it had sent ATACMS to Ukraine that had a range of about 100 miles. The US has not announced additional shipments of ATACMS to Ukraine, though it also did not announce the previous shipment in advance.

Persons: Dmytro Kuleba, —, ATACMS, Kuleba, Volodymyr Zelenskyy's, Joe Biden, Zelenskyy, Zelenskyy's, Biden Organizations: Foreign, Service, Kyiv Post, US, New York Times, Russia Locations: Ukraine, Ukrainian, Kyiv, Russia, ATACMS

El Al Israel Airlines planes are seen on the tarmac at Ben Gurion International airport in Lod, near Tel Aviv, Israel March 10, 2020. Insurers for Israeli flag carrier El Al Airlines (ELAL.TA), Israir (ISRG.TA) and Arkia have previously said they can issue such notices due to the war between Israel and the Palestinian group Hamas. Israeli airlines have now received the notices, two sources told Reuters, without naming the airlines. Israeli's parliamentary finance committee last week approved a plan to provide a state guarantee of $6 billion to cover insurance against war risks to Israeli airlines. Airlines normally take out two types of policy - an "all risks" policy which covers both regular damage to the hull and passenger liability, and a "war" policy to cover war or terror-related losses to the aircraft.

Persons: Ronen, Bruce Carman, Arkia, Israir, Garrett Hanrahan, Hanrahan, Carolyn Cohn, Sinead Cruise, David Evans Organizations: El Al Israel Airlines, Ben, REUTERS, Aviation, El Al Airlines, Palestinian, Hamas, Hive Underwriters, El Al, Lebanese, East Airlines, Airlines, Marsh's Global Aviation, Reuters, Hezbollah, Norwegian Air, Thomson Locations: Ben Gurion, Lod, Tel Aviv, Israel, Lebanon, Europe, United States, London, Turkey, Beirut, Eilat

☆ LSEG says on track to meet 2023 growth targets
▼ + stars: | 2023-10-19 | by ( Huw Jones | ) www.reuters.com time to read: +2 min

Signage for the London Stock Exchange Group is seen outside of offices in Canary Wharf in London, Britain, August 3, 2023. “LSEG delivered another quarter of strong, broad-based growth," LSEG Chief Executive David Schwimmer said in a statement, adding that he was confident that total income growth for the full year will be towards the upper end of a guidance range of 6% to 8%. Data and analytics, which now make up the bulk of LSEG income, was up 7.2% year on year at 1.29 billion pounds ($1.57 billion) on improving sales, rising retention of existing customers and a higher annual price increase, LSEG said. Organic ASV growth remains broadly around the level seen in the first and second quarters, LSEG said, adding that all 2023 guidance is reiterated, including EBITDA margin and capital expenditure. JPMorgan Cazenove analysts said third-quarter gross profit was in line with company-compiled consensus, but "most importantly" organic ASV growth recovered after dipping to 6.9% in the second quarter.

Persons: Toby Melville, “ LSEG, David Schwimmer, LSEG, JPMorgan Cazenove, Huw Jones, Mark Potter, Sinead Cruise Organizations: London Stock Exchange, REUTERS, JPMorgan, ASV, RBC, Microsoft, Thomson Locations: Canary Wharf, London, Britain

☆ Klaviyo dips below IPO price for first time
▼ + stars: | 2023-10-19 | by ( Chuck Mikolajczak | ) www.reuters.com time to read: 1 min

NEW YORK, Oct 19 (Reuters) - Shares in Klaviyo Inc (KVYO.N) dipped below its $30 initial public offer price on Thursday for the first time since its Sept. 20 trading debut on the New York Stock Exchange. The stock touched a low of $29.89 during the session before closing down 2.2% at $30.00 on the day. It has been unable to return to its intraday trading record high of $39.47, reached on its first day of trading. Companies pursuing U.S. initial public offerings (IPOs) after a string of lackluster stock market debuts are receiving advice from investment bankers to lower their valuation expectations. Reporting by Chuck Mikolajczak and Sinéad Carew; editing by Jonathan OatisOur Standards: The Thomson Reuters Trust Principles.

Persons: Chuck Mikolajczak, Sinéad Carew, Jonathan Oatis Organizations: Klaviyo Inc, New York Stock Exchange, Companies, U.S, Thomson

☆ Russia claims key Crimea bridge is fully repaired, but actually it remains limited and a huge 'security burden,' UK intel says
▼ + stars: | 2023-10-19 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +3 min

Russia said the Kerch Bridge was fully repaired after a Ukrainian attack in July. But the bridge is "now almost certainly a significant security burden" for Russia, the UK MOD said. "Trucks and fuel supplies continue to be moved by ferry," the UK MOD said. The attacks were seen as a symbolic blow to Russia, with the bridge representing Russian control over Crimea. But it is now "almost certainly a significant security burden requiring multi-domain protection, including the use of air defence systems and crews who would otherwise be deployed elsewhere," it added.

Persons: —, Ukraine's, That's, Marat Khusnullin, STRINGER, Vladimir Putin Organizations: MOD, Service, UK Ministry of Defence, Russian, Getty Locations: Russia, Kerch, Crimea, Ukraine, Southern Ukraine, Russian

☆ Russian milblogger admits Ukraine may have executed its 'most serious' hit yet after targeting airfields, likely with US-made ATACMS missiles
▼ + stars: | 2023-10-18 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +4 min

A Russian milblogger said it may have been the biggest blow since the invasion began. AdvertisementAdvertisementA Russian military blogger said Ukraine's strikes, which likely used new ATACMS long-range missiles from the US, may have been the biggest hit on Russia's forces since the invasion began. Russian milblogger Fighterbomber said on Tuesday that the strike was "one of the most serious blows . Fighterbomber said the strikes used ATACMS, and a Russian official said ATACMS fragments were found at the site. —Defense of Ukraine (@DefenceU) October 18, 2023A person familiar with the matter told Insider's Jake Epstein that Ukraine used the M39 variant in the strikes.

Persons: —, milblogger Fighterbomber, Fighterbomber, Volodymyr Zelenskyy, Jake Epstein Organizations: Service, Financial Times, Ukraine's Armed Forces, —, Kyiv, ABC, US, Washington DC, Institute for Locations: Ukraine, Russia

☆ A Ukrainian special forces soldier who snuck into Crimea in a nighttime raid said he was chased by Russian warships as he left
▼ + stars: | 2023-10-18 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +4 min

Ukraine's special forces recently conducted a nighttime raid on Crimea using jet skis. A soldier involved in the raid said they were chased by Russian warships as they left, but escaped. AdvertisementAdvertisementA Ukrainian special forces soldier said he and his comrades were chased by Russian warships after a daring nighttime raid on occupied Crimea. Ukrainian soldiers then appear to hold up a Ukrainian flag. There were four of them, each with a crew of 20 Russian soldiers armed with heavy machine guns and a 30-millimeter gun," he said.

Persons: —, GUR, Andrey Yusov, Muzykant Organizations: Service, CNN, Pravda, Raptors, Black, Ukrainian Locations: Crimea, Ukraine, Russia, Russian, London

☆ WhatsApp clampdown highlights video call compliance threat for finance firms
▼ + stars: | 2023-10-18 | by ( Sinead Cruise | ) www.reuters.com time to read: +7 min

Video calls are broadly considered proxies for face-to-face meetings and therefore are currently subject to little or no formal record-keeping obligations. At least two major global banks are now recording Zoom calls, said sources with knowledge of the matter, who declined to be named because the information is not public. One bank is recording Zoom calls undertaken by certain staff, including traders, while the other is recording all Zoom calls so content can be reviewed later if needed. FINRA declined to comment on how many firms were subject to the rule or whether the rule also extended to video calls. Video calls pose "unique risks" and technology needed to efficiently screen video calls is not widely used, said Matt Smith, CEO of communications surveillance firm SteelEye.

Persons: Dado Ruvic, Brad Levy, Morgan, Goldman Sachs, Matthew Nunan, Gibson, Dunn, Morgan Stanley, Sarah Pritchard, Claire Garrett, Michael Watling, Seward, FINRA, Matt Smith, Ryan, Yonk, Symphony's Levy, Chris Prentice, Michelle Price, Huw Jones, Sharon Singleton Organizations: REUTERS, U.S . Securities, Exchange Commission, SEC, Finance, Reuters, U.S, EMEA, Microsoft, Britain's, Authority, HSBC, Bloomberg, U.S . Financial Industry Regulatory Authority, Employees, American Institute for Economic Research, Washington D.C, Thomson Locations: Marsh, U.S, New York, Washington, London

☆ Ukraine says it downed 3 Russian Su-25 fighter jets in just one week
▼ + stars: | 2023-10-17 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +3 min

Ukraine said it destroyed three Russian Su-25 aircraft in a single week. The jets fly low to give air support, making them vulnerable to antiaircraft attacks. AdvertisementAdvertisementUkraine said it shot down three of Russia's Su-25 fighter jets in a single week. AdvertisementAdvertisementTarnavskyi said that Ukraine, over the past week, had destroyed multiple Russian ammunition depots, dozens of tanks, antitank missiles, and antiaircraft missiles, and killed thousands of Russian soldiers in the region. This included 797 Russian soldiers between Friday night and Saturday night, he said.

Persons: —, Russia's Su, Oleksandr Tarnavskyi, Ukraine's, Tarnavskyi Organizations: Service, Strategic Group, Military Today Locations: Ukraine, Russian, Ukrainian, Donetsk, Ukraine's, Russia, Avdiivka

Last February, the State Department said that Hamas raises funds in other Gulf countries and gets donations from Palestinians, other expatriates and its own charities. Blockchain researchers TRM Labs said this week in a research note that crypto fundraising has previously increased following rounds of violence involving Hamas. However, since last weekend's violence, prominent Hamas-linked support groups had moved just a few thousands dollars through crypto, TRM noted. Between Dec. 2021 and April this year, Israel seized almost 190 crypto accounts it said were linked to Hamas. SHIPS AND SHELLSWhether through crypto or other means, Hamas' allies have found ways to get money to Gaza.

Persons: Matthew Levitt, Levitt, Tom Robinson, TRM, Israel, they've, Stephen Reimer, Saeed Azhar, Sinead Cruise, Tom Wilson, Tommy Wilkes, Andrew Mills, John O'Donnell, Frank Jack Daniel Our Organizations: LONDON, Hamas, Barclays, Islamic Resistance Movement, State Department, Reuters, TRM Labs, The U.S . State Department, U.S . Treasury, UN, Qatari, Royal United Services Institute, Parisa, Thomson Locations: DUBAI, Gaza, Israel, U.S, Iran, Qatar, United States, Britain, The, Turkey, Saudi Arabia, Tehran, Islamic Republic, New York, London, Doha, Dubai

☆ Putin may be trying to lower expectations around a major assault as Russia looks unlikely to make significant progress, experts say
▼ + stars: | 2023-10-16 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +3 min

Russia launched a major assault on the village of Avdiivka, one of its biggest efforts in months. But Putin now appears to be trying to temper expectations of a big advance there, experts say. AdvertisementAdvertisementRussian President Vladimir Putin may be trying to lower expectations that Russia can make significant progress in its fight for a strategic Ukrainian village, experts said. This shows Russia "may be trying to temper expectations of significant Russian advances around Avdiivka," it said. Ukrainian units fighting there said they were holding Russian forces back, and videos from the area show destroyed Russian armored vehicles.

Persons: Putin, —, Vladimir Putin, Vasily Nebenzya, Avdiivka, Dmytro Lysyuk, ISW Organizations: Service, Washington DC, for, Russian, Guardian Locations: Russia, Avdiivka, Ukrainian, Ukraine's, Donetsk, Zaporizhia, Washington, Ukraine, Russian

☆ Russia is using missiles designed for high-value targets like warships and airfields to hit Ukraine's grain exports, UK says
▼ + stars: | 2023-10-16 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +3 min

Russia has been targeting Ukraine's grain production since its invasion, hurting global food supplies. It's using AS-4 Kitchen and AS23a Kodiak missiles to hit targets like grain silos, the UK MOD said. AdvertisementAdvertisementRussia is using missiles that are designed to be used on "high-value targets" to hit Ukraine's food supply and hurt global food prices, the UK Ministry of Defence said. The MOD said Russia is now using both kinds of missiles to "de-stabilise world food prices and disrupt Ukraine's grain industry." AdvertisementAdvertisementGlobal food prices have risen as a result, and experts warn of famines in some countries if Ukraine's food exports fall far enough.

Persons: —, Insider's Ryan Pickrell Organizations: AS, MOD, Service, UK Ministry of Defence, for Strategic, International Studies, ISIS, Operational Command, Ukrainian Armed Forces, REUTERS, UN Locations: Russia, Ukraine, Russian, Ukraine's Odesa, REUTERS Ukraine

☆ Madonna launches ‘Celebration’ tour after health scare delay: ‘I didn’t think I was going to make it’
▼ + stars: | 2023-10-15 | by ( Dan Heching | ) edition.cnn.com time to read: +3 min

CNN —Madonna took the stage in London on Saturday in the long-awaited debut of her surprisingly poignant new ‘Celebration’ world tour, which had been delayed after she suffered a serious health scare during the summer. The “Like a Virgin” performer also addressed her health troubles, saying it had been “a crazy year for me.”“I didn’t think I was going to make it, neither did my doctors. Madonna battled a bacterial infection in June that caused her to cancel the first leg of the “Celebration” tour in North America. Indeed, it should be noted for Madonna’s die-hards that the tour is not at all reserved only for her chart hits. Madonna often faced away from the audience, performing to a camera that then projected a flawless-looking Madge back to the crowd.

Persons: Madonna, –, Prince, Michael Jackson, Sinead O’Connor, ”, “, ‘ I’ve, ’ ”, Keith Haring, ” Madonna, Kevin Mazur, Madonna’s, Mercy James, Lourdes Leon –, Stella, Estere, ” –, Madge Organizations: CNN, O2 Locations: London, North America

☆ Major US banks show profit boost, but some caution from consumers
▼ + stars: | 2023-10-13 | by ( ) www.reuters.com time to read: +5 min

Consumers were starting to deplete savings, the banks said, and Citibank and Wells Fargo noted that losses on credit cards and other debts were starting to rise. Wells Fargo said it was seeing charge-offs, or loans written off, increasing in its credit card portfolio. "Currently, U.S. consumers and businesses generally remain healthy, although consumers are spending down their excess cash buffers," said JPMorgan CEO Jamie Dimon. JPMorgan, Citigroup and Wells Fargo, the first, third and fourth biggest U.S. lenders, respectively, also increased their outlook for NII. Shares of JPMorgan and Wells Fargo rose between 1% and 3%.

Persons: Shannon Stapleton, Wells Fargo, Jane Fraser, Wells, Charlie Scharf, Scharf, JPMorgan Chase, Jamie Dimon, Eric Kuby, Dimon, PNC's NII, Rick Meckler, Saeed Azhar, Nupur Anand, Lewis Krauskopf, Tatiana Bautzer, Sinead Carew, Niket, Manya Saini, Noor Zainab Hussain, Jaiveer Shekhawat, Pritam Biswas, Ann Saphir, Megan Davies, Lananh Nguyen, Michelle Price, Nick Zieminski Organizations: JPMorgan Chase's, REUTERS, JPMorgan, Federal, Consumers, Citibank, Valley Bank, Citigroup, U.S, PNC Financial Services, delinquencies, Bank, Citi, North Star Investment Management Corp, JPMorgan Chase, PNC, Cherry Lane Investments, Thomson Locations: New York, Major U.S, Wells Fargo, U.S, Chicago, Wells, Bengaluru, San Francisco

Wall Street's three major indexes opened higher but lost ground after a preliminary reading on U.S. consumer sentiment showed a sharp fall in October. The moves in bonds, equities and oil reflect worries about deteriorating consumer sentiment, the global economy and geopolitical conflict, she added. However, for the week the S&P 500 registered a 0.45% gain for its second weekly advance in a row. The S&P 500 Banks index (.SPXBK) pared gains as the day wore on to close up 0.6% after rising as much as 3.4% to a three-week high. The S&P 500 posted 12 new 52-week highs and 20 new lows; the Nasdaq Composite recorded 28 new highs and 335 new lows.

Persons: Brendan McDermid, Wells, Wall, Dow, Israel, Lauren Goodwin, Goodwin, Patrick Harker, Todd Vasos, Jeff Owen, advancers, Sinéad Carew, Shashwat Chauhan, Ankika Biswas, Shounak Dasgupta, Anil D'Silva, Shinjini Ganguli, Richard Chang Organizations: New York Stock Exchange, REUTERS, JPMorgan, Dow, Nasdaq, The United Nations, Treasury, New York Life Investments, Dow Jones, JPMorgan Chase, Citigroup, Federal Reserve Bank of Philadelphia, BlackRock, Dollar, Boeing, NYSE, Thomson Locations: New York City, U.S, Wells Fargo, Gaza, Israel, BLK.N, Bengaluru

After many companies were wrongfooted by the speed and breadth of prohibitions on Russia, banks are drawing up contingency plans in case geopolitical tensions between the West and China escalate, seven finance industry sources said. The U.S. Treasury Department, which runs the Office of Financial Sanctions Implementation, Britain's Foreign Office and Barclays did not respond to requests for comment. Three senior London-based bankers, who declined to be named because they were not authorised to speak publicly, said their boards had discussed the possibility of stronger Western sanctions on China in future. Scenarios from major cyber-attacks through to a military intervention in Taiwan could potentially trigger further prohibitions on China, one lawyer who advises banks said. One of the bankers said sanctions on Russia had "removed naivety" among businesses and prompted the industry to think more deeply about China risks.

Persons: Neil Whiley, Whiley, Xi Jinping, Joe Biden, Leigh Hansson, Reed Smith, Banks, Biden, Sinead Cruise, Stefania Spezzati, Lawrence White, Michelle Price, Catherine Evans Organizations: Banking, UK Finance Bank, British, Reuters, UK Finance, HSBC, Barclays, JPMorgan, U.S . Treasury Department, Office, Communications, Standard Chartered, Standard, London underwriters, Thomson Locations: China, Western, Britain, U.S, Russia, West, Taiwan, Beijing, London, Ukraine, United States, British, Asia, Washington

☆ Analysis-Hamas' Cash-To-Crypto Global Finance Maze in Israel's Sights
▼ + stars: | 2023-10-13 | by ( Oct. | At P.M. | ) www.usnews.com time to read: +6 min

In the past, Hamas has said financial restrictions placed on its donors were an attempt to neutralise legitimate resistance against Israel. However, since last weekend's violence, prominent Hamas-linked support groups had moved just a few thousands dollars through crypto, TRM noted. Between Dec. 2021 and April this year, Israel seized almost 190 crypto accounts it said were linked to Hamas. SHIPS AND SHELLSWhether through crypto or other means, Hamas' allies have found ways to get money to Gaza. "Qatari aid to the Gaza Strip is fully coordinated with Israel, the UN and the U.S.," the Qatari government official said.

Persons: Al Sayegh, John O'Donnell, Elizabeth Howcroft, Matthew Levitt, Levitt, Tom Robinson, TRM, Israel, they've, Stephen Reimer, Saeed Azhar, Sinead Cruise, Tom Wilson, Tommy Wilkes, Andrew Mills, Frank Jack Daniel Organizations: Elizabeth Howcroft LONDON, Reuters, Hamas, Barclays, Islamic Resistance Movement, State Department, TRM Labs, The U.S . State Department, U.S . Treasury, UN, Qatari, Royal United Services Institute, Parisa Locations: DUBAI, Gaza, Israel, U.S, Iran, Qatar, United States, Britain, The, Turkey, Saudi Arabia, Tehran, Islamic Republic, New York, London, Doha, Dubai

☆ 'Absolutely no humanitarian aid is getting into Gaza,' NGO says
▼ + stars: | 2023-10-13 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +4 min

The restrictions "mean that aid agencies can't bring in more aid from outside," one NGO told Insider. "Absolutely no humanitarian aid is getting into Gaza," Ivan Karakashian, the head of advocacy in Jerusalem for the NGO Norwegian Refugee Council, told Insider. Karakashian said his group is currently "distributing what we have in stock and available locally within Gaza, but the blockade restrictions mean that aid agencies can't bring in more aid from outside." AdvertisementAdvertisementIsrael cut off food, water, fuel, and electricity to Gaza after the militant Palestinian group Hamas launched deadly strikes on Israel and took civilians hostage over the weekend. He said there needs to be humanitarian corridors and a pause that allows humanitarian personnel and supplies to enter.

Persons: —, Ivan Karakashian, Karakashian, Israel, Ali Mahmoud, Alun McDonald, McDonald Organizations: Service, Norwegian Refugee Council, Hamas, Sunday, Israel's Air Force, UN, Shifa, AP, Islamic Relief Locations: Israel, Gaza, Jerusalem, Palestinian, Gaza City

☆ Russia lost at least 15 tanks in a matter of days in just one Ukrainian village, analysts say
▼ + stars: | 2023-10-13 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +4 min

It lost at least 15 tanks in about two days, one analyst said, with other reports of losses. AdvertisementAdvertisementRussia lost at least 15 tanks and 33 armored vehicles in about two days as it launched a major assault on a strategic village, analysts said. Other groups monitoring Russia's invasion of Ukraine gave similar assessments of Russia's recent losses there. And Ukrainian military analysts estimated that Russia lost at least 36 vehicles in Avdiivka over just two days, The Telegraph reported. AdvertisementAdvertisementFootage shared by the Shadow of Ukraine Telegram channel shows Russian vehicles being hit.

Persons: —, Osinttechnical, ISW, Vitaliy Barabash, Volodymyr Zelenskyy Organizations: Service, Center for Naval, Avdiivka, for, Telegraph, Ukraine Telegram, Russia, Mechanized Brigade, Amphibious Assault Brigade, General Staff of, Armed Forces Locations: Russia, Avdiivka, Ukraine, Washington, Ukrainian, Russian

After the data, the S&P 500 spent the morning zig-zagging between red and green. U.S. benchmark 10-year yields rose after the inflation data and rose further to hit a session high after the auction. The rise in yields particularly pressured rate-sensitive sectors such as utilities (.SPLRCU) and real estate (.SPLRCR), often viewed as bond proxies. Homebuilding stocks fell after the data and came under more pressure after the afternoon increase in bond yields. Traders now expect a stronger chance the Fed will end up delivering another interest-rate hike this year, and keep rates higher for longer next year.

Persons: Brendan McDermid, Treasuries, Michael James, James, Susan Collins, Israel, Sinéad Carew, Amruta, Shashwat Chauhan, Ankika Biswas, Johann M Cherian, Arun Koyyur, Shounak Dasgupta, Maju Samuel, David Gregorio Our Organizations: New York Stock Exchange, REUTERS, U.S, Treasury, Wedbush Securities, Nasdaq, Dow Jones, Traders, Boston, Market, JPMorgan Chase, Citigroup, Ford, United Auto Workers, UAW, Thomson Locations: New York City, U.S, Los Angeles, Gaza, Wells Fargo, New York, Bengaluru

☆ Free daycare for teachers' kids could help fix the crisis for all parents
▼ + stars: | 2023-10-12 | by ( Cork Gaines | ) www.businessinsider.com time to read: +6 min

The US is in a childcare crisis due to cost and lack of available teachers. The state now gives free tuition to the children of childcare teachers. However, one potential solution appears to be working, but only if governments are willing to step in and help. AdvertisementAdvertisementNPR found one example of a center offering free tuition to employees without state assistance in West Virginia. Many childcare centers may be forced to close.

Persons: —, Kentucky Daniel Light, Sinead, ZipRecruiter, Luis Alvarez, Clive R Organizations: Service, Census Bureau, Center for American Progress, Bluegrass State, NPR, Bureau of Labor Statistics, Economic, Institute, Walmart, View, National Association for, Education of Young Locations: Kentucky, West Virginia, NPR , Kentucky

☆ Small Ukraine assault units of under 12 are attacking Russia on foot and triggering chaos along the front: report
▼ + stars: | 2023-10-12 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +3 min

Ukraine is using small assault groups of up to 12 to attack Russia's larger forces. Soldiers told The Washington Post these groups have helped to retake key villages, but there are risks. AdvertisementAdvertisementUkraine is deploying small groups of soldiers who are able to creep up close to Russian troops and carry out assaults, The Washington Post reported. Ukrainian soldiers told The Post that the tactic helped Ukraine retake the villages of Andriivka and Klishchiivka last month. A US veteran now fighting in Ukraine and training its soldiers told Insider last month that Russia's forces are so big that there is no way to outflank them.

Persons: Soldiers, —, It's Organizations: Washington Post, Service, Post, NATO, Washington DC Locations: Ukraine, Andriivka, Bakhmut, Russia

"In its response, Barclays relied on information supplied by Mr Staley. Mr Staley confirmed the letter was fair and accurate," the FCA said. "In reality, in emails between the two Mr Staley described Mr Epstein as one of his 'deepest' and 'most cherished' friends," it added. "The FCA has found that Mr Staley was aware of the risk that his association with Mr Epstein posed to his career," the watchdog added. "Mr Staley failed to do this.

Persons: Jes Staley, Jeffrey Epstein, Staley, Arnold, Porter, Epstein, Mr Staley, Mr Epstein, Therese Chambers, JP Morgan Chase JPM.N, JP Morgan, Huw Jones, Sinead Cruise, Kirstin Ridley, Iain Withers, Alexander Smith Organizations: Authority, Barclays, FCA, Bank of England, Barclays Board, U.S . Virgin, Thomson Locations: New York

"Mr Staley failed to do this. "In its response, Barclays relied on information supplied by Mr Staley. "In reality, in emails between the two Mr Staley described Mr Epstein as one of his 'deepest' and 'most cherished' friends," it added. "The FCA has found that Mr Staley was aware of the risk that his association with Mr Epstein posed to his career," it added. In an email titled 'Friendship' in October 2015, Staley wrote: "You never wavered in our friendship these last three years.

Persons: Jes Staley, Jeffrey Epstein, Mr Staley, Epstein, Staley, Arnold, Porter, Mr Epstein, Therese Chambers, JP Morgan Chase JPM.N, JP Morgan, Huw Jones, Sinead Cruise, Kirstin Ridley, Iain Withers, Alexander Smith Organizations: Ex, Barclays, Authority, FCA, Barclays Board, U.S . Virgin, Thomson Locations: New York

Search resuls for: "sinead"

25 mentions found