DIRS.INFO The most relevant business & tech news

☆ Biden Has Begun Using a CPAP Machine for Sleep Apnea
▼ + stars: | 2023-06-28 | by ( Michael D. Shear | ) www.nytimes.com time to read: 1 min

President Biden has begun using a CPAP machine in recent weeks to help deal with sleep apnea, a common disorder in which one’s breathing is interrupted as one sleeps, White House officials said Wednesday. When Mr. Biden left the White House on Wednesday morning for a speech in Chicago, he had indentations across both sides of his face from having worn the device, known as a continuous positive airway pressure machine. “Since 2008, the president has disclosed his history with sleep apnea in thorough medical reports,” said Andrew Bates, a White House spokesman. “He used a CPAP machine last night, which is common for people with that history.”CPAP machines are among the most widely used treatments for sleep apnea. The machines deliver a continuous stream of air into masks worn during sleep, helping to keep breathing passages open and ensuring that people receive the oxygen they need.

Persons: Biden, ”, Andrew Bates, “ Organizations: White Locations: Chicago

☆ Biden Says He Is ‘Turning Things Around’ on the Economy
▼ + stars: | 2023-06-28 | by ( Michael D. Shear | Jim Tankersley | ) www.nytimes.com time to read: +2 min

“I’m here to say we have a plan that is turning things around incredibly quickly.” He added that “we have more work to do.”Republicans have criticized Mr. Biden for high inflation, high interest rates that make borrowing more expensive, and the cost of everyday necessities like health care, child care, groceries, gas and more. “Americans don’t want Biden to ‘finish the job.’”Administration officials acknowledge there is more work to do in bringing down inflation, but they note it has fallen for 11 straight months. Mr. Biden has signed trillions of dollars in economic legislation since taking office. Administration officials this week released new analyses to underscore how those laws are beginning to boost the economy. In other areas, though, administration officials continue to make claims about Mr. Biden’s record that are not supported by evidence.

Persons: “, ”, Mr, Biden, ’, Tommy Pigott, don’t, ‘, Biden “ Organizations: National Republican Committee, ’ ”, Economic Advisers, Administration, Treasury Department, Energy Department Locations: United States

Bidenomics gets a rebootPresident Biden plans to double down on his economic record in a big campaign-style speech on Wednesday. Yet despite the good news, Mr. Biden hasn’t seen a big jump in his popularity, and he trails his Republican rivals, according to some polls. “Bidenomics” will be at the heart of the president’s message. “But it’s working.” The Donilon-Dunn memo tries to give the messaging around Bidenomics a reboot. They point to how, for example, the CHIPS Act, the Inflation Reduction Act and the infrastructure law are creating jobs in the high-tech, manufacturing and green sectors.

Persons: Bidenomics, Biden, Biden hasn’t, “ Bidenomics, Anita Dunn, Mike Donilon, Michael D, ”, Dunn Organizations: Republican, Biden

☆ Biden Expresses Confidence on the Economy. Voters May Be Skeptical.
▼ + stars: | 2023-06-26 | by ( Michael D. Shear | ) www.nytimes.com time to read: +1 min

In their memo, Mr. Donilon and Ms. Dunn cited polling that shows Americans broadly support some of the president’s key economic policies. Independent polls show that large majorities of the country do not believe that the president’s economic policies have set the country in the right direction. In an NBC poll released on Sunday, 74 percent of Americans said the nation was on the wrong track. Previous polls have shown that much of the concern centers on the president’s economic policies. One Associated Press survey in May found that only 33 percent of adults approved of his handling of the economy.

Persons: Donilon, Dunn, Biden, Franklin D, Roosevelt Organizations: NBC, Associated Press, White

☆ In Legal Peril, Trump Tries to Shift the Spotlight to Biden
▼ + stars: | 2023-06-14 | by ( Michael D. Shear | ) www.nytimes.com time to read: +1 min

And while Fox News said on Wednesday that the “wannabe dictator” headline was “taken down immediately” and addressed, the network counts Mr. Trump’s many followers as loyal viewers. The response from Mr. Biden and his advisers has been studious silence. The president has vowed not to give the slightest hint that he is interfering in the criminal case against Mr. Trump, and he has ordered his White House aides and campaign staff members not to comment. The president’s press aides responsible for instantly blasting out pro-Biden commentary to reporters have gone dark. Jill Biden, the first lady, broke the code of silence on Monday, telling donors at a fund-raiser in New York that she was shocked that Republicans were not bothered by Mr. Trump’s indictment.

Persons: Joe Biden, Biden, ” Mr, Trump, ”, Trump’s, Chuck Schumer, Jill Biden Organizations: Twitter, Fox News, White, Associated Press Locations: United States of America, Bedminster, N.J, New York

☆ Here’s How Much Hotter Than Normal This June Has Been
▼ + stars: | 2023-06-13 | by ( Elena Shao | Raymond Zhong | ) www.nytimes.com time to read: +4 min

64° F June 11, 2023 62° 2022 60° 1979-2021 58° Global Daily Average Air Temperatures 56° 54° 52° 50° Jan. 1 Mar. “We’re putting heat into the system — through climate change, through the greenhouse effect — and that heat is going to manifest. NOAA last month said there was a 40 percent chance that this year’s hurricane season would be near normal. But it also assigned 30 percent probabilities to the season’s being above or below normal. There’s another factor that could also have made the world hotter recently, though it’s not clear how much.

Persons: ” Rick Spinrad, “, Spinrad, El Niño, it’s, Daniel L, Swain, Dr, ” Organizations: University of Maine, National Centers for, National Oceanic, Atmospheric Administration, NOAA, University of California Locations: Canada, United States, Siberia, Antarctica, El, Pacific, Tonga, Los Angeles

During his arraignment, Mr. Trump is expected to be advised of his rights, and a judge will assess whether he has legal representation. The case against Mr. Trump is the second criminal prosecution against the former president this year. Mr. Trump was already arraigned in April in a New York courthouse on state charges that he falsified business records. In the case that has brought him to Miami, Mr. Trump has been charged with 37 counts of unauthorized retention of national security information. After the court appearance, Mr. Trump is expected to fly to Trump National Golf Club in Bedminster, N.J., to give remarks defending himself in the evening.

Persons: Wilkie, Ferguson Jr, Donald J, Trump, Francis X, Suarez, Mr, We’re, James, John Rowley —, Todd Blanche, Christopher M, Jay I, Bratt, Julie Edelstein, Manny Morales, Morales, “, ”, that’s, ” Adam Goldman, Alan Feuer, Charlie Savage Organizations: Mr, Trump, Suarez of Miami, Republican, United States Supreme, Justice Department’s, Trump National Golf Club, Capitol, Miami police Locations: Miami, United States, New York, Florida, Bedminster, N.J, MIAMI

☆ Tornado alley is widening, putting millions more people and properties at risk
▼ + stars: | 2023-06-12 | by ( Diana Olick | In Dianaolick | ) www.cnbc.com time to read: +4 min

Much of that is because the season is starting earlier, and tornado alley is expanding due to a warmer climate. Tornadoes need four ingredients to form, explained Ashley: moisture, instability (which provides the energy necessary for the storms), wind shear and lift. When a powerful F-4 tornado plowed through Rolling Fork, Mississippi, in March, residents were largely unprepared. The only one that I can remember is 1971, and the tornado bypassed Rolling Fork. That's precisely why the widening of tornado alley is fast becoming a new focus for insurers.

Persons: Walker Scott Ashley, Ashley, Eldridge Walker, Walker, That's, John Dickson, Dickson, Eric Andersen, Aon Organizations: Climate Central, Northern Illinois University, Tornadoes, Global, U.S ., Farm, Allstate Locations: U.S, Northeast Texas, Oklahoma, Arkansas, Fork , Mississippi, Rolling, Kansas, Mississippi, Aon, California

☆ In Earlier Espionage Act Cases, Warning Signs for Trump
▼ + stars: | 2023-06-12 | by ( Michael D. Shear | Adam Goldman | ) www.nytimes.com time to read: +1 min

Like former President Donald J. Trump, Lt. Col. Robert Birchum was accused in Florida of mishandling classified documents. Like the former president, he was charged with violating the Espionage Act. But unlike Mr. Trump, Mr. Birchum, 55, a highly decorated Air Force intelligence officer, took full responsibility. Despite all that, Mr. Birchum still got three years in prison when he was sentenced this month. The case and others like it are warning signs for Mr. Trump, who faces 31 counts of willfully retaining national defense secrets, each of which carries a maximum sentence of 10 years in prison.

Persons: Donald J, Trump, Robert Birchum, Birchum Organizations: Air Force Locations: Florida

☆ Severe air turbulence has increased by more than 50% in the past 40 years because of climate change, and it could get even worse, a new study finds
▼ + stars: | 2023-06-09 | by ( Bianca Giacobone | ) www.businessinsider.com time to read: +3 min

Severe clear-air turbulence has increased by 55% since 1979, moderate by 37%, and light by 17%. Clear-air turbulence is invisible and hard to forecast and it is predicted to double by 2050. According to a new study by the Department of Meteorology at the University of Reading, UK, the occurrence of severe clear-air turbulence has increased by 55% in the past 40 years, while moderate turbulence has increased by 37%, and light by 17%. Clear-air turbulence is not the kind you experience going through a storm. As wind shear gets worse, so does clear-air turbulence, with some weather researchers predicting it will double by 2050, with severe turbulence increasing the most.

Persons: It's Organizations: Department, Meteorology, University of Reading, FAA, It's, National Center for Atmospheric Research

☆ Biden Sticks to ‘Say Nothing’ Strategy on the Trump Indictment
▼ + stars: | 2023-06-09 | by ( Michael D. Shear | Reid J. Epstein | ) www.nytimes.com time to read: +1 min

President Biden and his top aides in the West Wing, along with members of his administration and re-election campaign at all levels, are executing a carefully crafted strategy in response to the federal indictment of former President Donald J. Trump: Say nothing. Mr. Biden has always insisted that he would never interfere with the independence of the Justice Department. But he and his aides also believe that commenting on the case will only feed into the accusations, from Mr. Trump and members of the Republican Party, of a politically motivated prosecution. For Mr. Biden, keeping his distance also keeps the focus squarely on Mr. Trump. Mr. Biden ran for office in 2020 with a pledge of restoring a sense of pre-Trump normalcy to the White House; the White House is betting that avoiding substantive public comments on the investigations into Mr. Trump will remind voters of that contrast.

Persons: Biden, Donald J, Trump Organizations: Trump, Justice Department, Republican Party Locations: Miami

Rey Steve Mabiala and his wife, Liz Gouari, taking refuge at the Roberval emergency center after being ordered to evacuate Chibougamau, Quebec, as a fire approached. Of the more than 400 fires now burning in Canada, more than one-third are in Quebec, which has already registered its worst wildfire season on record. Credit... Carlos Osorio/Reuters“We are facing some unprecedented events, including droughts, accelerated fires and heat waves, and there will be more over time, especially forest fires,” Ms. Mohsin said. But perhaps most surprised were newcomers to Chibougamau, like Mr. Mabiala, from the Republic of Congo, who came to work in logging. “They were asking, “Oh, is there such a thing in Canada?’ ’’ Ms. Cabrera said.

Persons: Rey Steve Mabiala, Liz Gouari, Gouari, Mabiala, Prince Edward Island, ” Mr, “ It’s, ”, Josée Poitras, Tanzina Mohsin, Carlos Osorio, Ms, Mohsin, Poitras, “ I’ve, I’ve, Francis Côté, “, Chibougamau, Renaud Philippe, Côté, Guy Boisvert, Winters, Boisvert, Shirley, Jonathan Mattson, Mr, Mattson, Ruth Cabrera, Anna Huerte, —, Cabrera, Huerte Organizations: Wildfire, University of Toronto, ., Reuters, The New York Times, “, Credit Locations: Chibougamau, Quebec, Africa, Canada, North America, Republic of Congo, Prince, Nunavut, Fort Nelson, British Columbia, Toronto, Val, Montreal, Roberval, East Coast, United States, Philippines

Once he was sworn in as president, Mr. Trump reimbursed Mr. Cohen. Rather than publish her account, the tabloid suppressed it in cooperation with Mr. Trump and Mr. Cohen, prosecutors say. Legal experts say that Mr. Trump and others appear to be at “substantial risk” of prosecution for violating a number Georgia statutes, including the state’s racketeering law. But if she were to prevail at trial, a judge could impose steep financial penalties on Mr. Trump and restrict his business operations in New York. Ms. James’s investigators questioned Mr. Trump under oath in April, and a trial is scheduled for October.

Persons: Donald J, Trump, Trump’s, Jack Smith, Alvin L, Bragg, Stormy Daniels, Michael D, Cohen, Daniels, Karen McDougal, McDougal, Brad Raffensperger, Biden’s, —, Emily Kohrs, “ You’re, ”, “, Willis, Jan, Mr . Biden, Smith, Mike Pence, Mark Meadows, Letitia James, Mr, James, Donald Jr, Eric, Jonah E, Rebecca Davis O’Brien, Michael Gold, Michael Rothfeld, Ed Shanahan, Richard Fausset, Ashley Wong Organizations: Capitol, Manhattan, National Enquirer, Mr, ., The New York Times, Justice Department, Trump, Prosecutors, White House, Trump White House, New York, Civil, New Locations: Manhattan, Georgia, . Georgia, Fulton County, United States, Washington, Trump’s, New, New York, Bromwich

But Mr. Sunak is not expected to press for a free-trade agreement between the two nations. Earlier this year, with Mr. Biden’s urging, Mr. Sunak resolved a trade dispute with Northern Ireland, a move seen as positive by Mr. Biden’s administration. But British officials stressed ahead of Thursday’s meeting that Mr. Sunak intends to focus on expanding the economic connections between the two countries. Asked whether this was now a broken promise, Mr. Sunak rejected that assertion, telling Sky News that it reflected a changed macro economic situation after 2019. In reality, any prospect of a comprehensive deal faded some time ago, but political opponents seized on Mr. Sunak’s words on Thursday.

Persons: Biden, Rishi Sunak, Sunak, “, ”, Karine Jean, Pierre, Biden’s, ” Mr, we’ve, We’ve, Keir Starmer Organizations: British, White House, Trade, Union, Washington, Airbus, Boeing, Thursday, Sunak’s Conservative Party, Sky, United, Mr, Labour Party Locations: Britain, United States, Northern Ireland, “, Ukraine

Within hours in the middle of the night, Mr. Biden consulted his top advisers, called the president of Poland and the NATO secretary general, and gathered fellow world leaders to deal with the crisis. You’re confusing me.” He also drew a blank when asked the last country he had visited and the name of a favorite movie. The complicated reality of America’s oldest president was encapsulated on Thursday as Congress approved a bipartisan deal he brokered to avoid a national default. Even Speaker Kevin McCarthy testified that Mr. Biden had been “very professional, very smart, very tough” during their talks. Yet just before the voting got underway, Mr. Biden tripped over a sandbag at the Air Force Academy commencement, plunging to the ground.

Persons: Biden, “, Joe Bidens, Sharp, Kevin McCarthy, Mr, cringed, pounced Organizations: NATO, Mr, Air Force Academy Locations: Asia, Poland, Russia, Ukraine, NATO, New York, Philadelphia

☆ Biden Signs Fiscal Responsibility Act in End to Debt Limit Crisis
▼ + stars: | 2023-06-03 | by ( Michael D. Shear | ) www.nytimes.com time to read: +1 min

President Biden signed the Fiscal Responsibility Act of 2023 into law on Saturday, ending for now the threat of economic calamity from a default on the nation’s debt and putting limits on spending for two years. The White House issued a statement saying that Mr. Biden had signed the legislation, days after it was passed by the House and the Senate following weeks of sometimes bitter negotiations with Republicans. Economists had predicted that if it did so, the resulting collapse in faith in America’s financial promises would cause economic instability around the world. To avoid that, the legislation Mr. Biden signed suspends the nation’s debt ceiling, allowing the government to borrow what it needs to meet its obligations. In remarks to the nation on Friday evening, Mr. Biden said it had been crucial for Republicans and Democrats to find a way to reach an accommodation.

Persons: Biden, Mr, Biden’s, Janet L Organizations: White, Republicans

“Why would Biden say what a good deal it is before the vote?” he asked reporters at one point, referring to himself in the third person. From the start of the clash with Mr. McCarthy’s Republicans, Mr. Biden has followed the instincts he has developed through long, hard and sometimes painful experience. The agreement crafted by Mr. Biden and Mr. McCarthy in the end was a whittled-down version of the original proposals on the table. Image The agreement crafted by Mr. Biden and Mr. McCarthy in the end was a whittled-down version of the original proposals on the table. Even as his allies and even his own White House issued incendiary statements, Mr. Biden acted like the person who has been there before.

Persons: Biden, ”, reticence, Kevin McCarthy, McCarthy, McCarthy’s, Mr, Jamaal Bowman, Kenny Holston, Biden’s, Ro Khanna, shrugged, —, “, Doug Mills, “ I’ve Organizations: Capitol, White, Democratic, McCarthy’s Republicans, Republicans, Republican Party, ”, New York Times, Congressional, Internal, Service, Twitter Locations: Washington, New York, reining, California

☆ Biden to Deliver Oval Office Address as U.S. Averts Default
▼ + stars: | 2023-06-02 | by ( Michael D. Shear | ) www.nytimes.com time to read: +1 min

Presidents often reserve the Oval Office for addresses to the nation about war, economic crises or natural disasters. President Ronald Reagan delivered somber remarks from the Oval Office about the space shuttle Challenger explosion in 1986. President Donald J. Trump announced pandemic restrictions from the Oval Office in early 2020. Mr. Biden’s decision to use the same venue on Friday underscores how close he believes the two sides had veered toward economic calamity. White House officials were cagey about what Mr. Biden planned to say in his remarks.

Persons: Ronald Reagan, Donald J, Mr, Biden, “ Organizations: Office, Trump, United, ”, Republican Locations: United States

☆ Biden Trips and Falls at Air Force Commencement
▼ + stars: | 2023-06-01 | by ( Michael D. Shear | ) www.nytimes.com time to read: 1 min

President Biden tripped and fell after delivering a speech and handing out diplomas to graduates of the Air Force Academy in Colorado Springs on Thursday. Mr. Biden, who is 80 years old, was helped up and appeared to recover quickly. He appears to trip, fall to his knees and catch himself with his hands on the floor of the riser. Mr. Biden had delivered an energetic speech to the Air Force graduates before helping to hand out the diplomas. He fell after he distributed the final diploma and was headed back to his seat.

Persons: Biden, Mr, Biden’s, Ben LaBolt, ” Organizations: Air Force Academy, Air Force, White House Locations: Colorado Springs

☆ What the Debt Ceiling Deal Means for Student Loan Payments
▼ + stars: | 2023-05-30 | by ( Michael D. Shear | ) www.nytimes.com time to read: +1 min

For millions of Americans with federal student loan debt, the payment holiday is about to end. The end of the pause will affect millions of Americans who have taken out federal student loans to pay for college. Across the United States, 45 million people owe $1.6 trillion for such loans — more than Americans owe for any kind of consumer debt other than mortgages. The economic impact of the pandemic has faded since President Donald J. Trump first paused student loan payments in March 2020. The number of jobs in the United States now exceeds prepandemic levels.

☆ Cyclone Mocha tears into Myanmar
▼ + stars: | 2023-05-16 | by ( ) www.reuters.com time to read: +3 min

Cyclone Mocha barrels into Myanmar The powerful storm unleashes its fury, disrupting communications in the regionAround midday on Sunday, Cyclone Mocha pummelled western Myanmar and southern Bangladesh. Map shows the path of Cyclone Mocha. It originated in the Bay of Bengal three days before it hit the coast of Myanmar on May 14. Satellite images show Sittwe before and after landfall of Cyclone Mocha, in Myanmar. Myanmar’s coast bore the brunt of the storm surge from Mocha, according to data from the EU’s Joint Research Centre.

☆ After Biden Predicted Chaos at the Border, a Quieter Than Expected Weekend
▼ + stars: | 2023-05-16 | by ( Michael D. Shear | ) www.nytimes.com time to read: +1 min

Two days before officials lifted the Title 42 pandemic restrictions at the southern border, President Biden gave a blunt assessment of his administration’s ability to manage the surge of migrants they expected to arrive last week. “It’s going to be chaotic for a while,” Mr. Biden predicted grimly. When the time came, what Republicans had insisted would be a career-ending moment for Homeland Security Secretary Alejandro Mayorkas did not fully turn into the chaos Mr. Biden and others had anticipated. But that was followed by a marked slowdown in migration across the 2,000-mile border with Mexico. “America can manage this moment and we know how to do it in a manner that is both orderly and just, reflecting our values, interests and the rule of law,” said Vanessa Cárdenas, the executive director of America’s Voice, a liberal pro-immigration group in Washington.

☆ I quit Goldman Sachs after only a year. Here's how I knew leaving for a tech startup was the right career move.
▼ + stars: | 2023-05-15 | by ( Chris Hladczuk | ) www.businessinsider.com time to read: +8 min

Chris Hladczuk leads growth at Meow, a fintech startup, after quitting Goldman Sachs. I picked a weird day to quit — it was my 24th birthday and I called my boss to tell her I was leaving Goldman Sachs. The power of Goldman SachsI love Goldman because it taught me how to win. With my future career in mind, is my pace of learning higher at Goldman in investment banking or at an early-stage startup? Chris Hladczuk currently leads growth at fintech startup Meow.

Search resuls for: "Shear"

25 mentions found