DIRS.INFO The most relevant business & tech news

☆ The Israel-Hamas conflict could extend high inflation in the U.S., says Bleakley's Peter Boockvar
▼ + stars: | 2023-10-09 | 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 EmailThe Israel-Hamas conflict could extend high inflation in the U.S., says Bleakley's Peter BoockvarKaterina Simonetti, senior vice president and private wealth advisor at Morgan Stanley, and Peter Boockvar, Bleakley Financial chief investment officer, join 'The Exchange' to discuss volatility in markets over increased geopolitical risk, investors looking for stability in the bond market, and oil prices expected to rise over Iran's potential coordination with Hamas.

Persons: Bleakley's Peter Boockvar Katerina Simonetti, Morgan Stanley, Peter Boockvar Organizations: Bleakley Financial Locations: Israel, U.S

☆ Walgreens walkout: 5 things you need to know
▼ + stars: | 2023-10-09 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +7 min

Organizers told CNN they had heard from well over 500 interested stores (out of approximately 9,000) across the country. Another organizer told CNN that Walgreens had asked regional leaders to mobilize and staff the pharmacies on Monday. It’s an incredibly rewarding job, but it’s hard,” said Amanda Applegate, the interim executive director of the Kansas Pharmacists Association. CVS pharmacists also walked off the jobCVS recently had a walkout and talks are not over. Another meeting with Shah is planned for late this week, but no time or location has been set, a CVS walkout organizer told CNN.

Persons: they’ve, “, ”, Amanda Applegate, Peter Bonis, Michael Hogue, Prem Shah, Shah, Amy Thibault, Fraser Engerman Organizations: New, New York CNN — Pharmacy, CNN, WGA, United Auto Worker, Facebook, Walgreens, American Pharmacists Association, National Alliance of State Pharmacy, CVS, Kansas Pharmacists Association, Wolters Kluwer Health, CVS Pharmacy, Kansas City, ” Locations: New York, Kansas City, United States, Kansas

☆ Why Hamas chose to attack Israel now, after decades of conflict
▼ + stars: | 2023-10-09 | by ( Tom Porter | ) www.businessinsider.com time to read: +3 min

Hamas launched its deadliest-ever attack on Israel over the weekend. AdvertisementAdvertisementAs Israel reels from the worst terror attack in its history, focus is turning to the timing of the invasion by militant group Hamas. Iran, Hamas' main backer, has long opposed attempts to normalize relations between Israel and its regional neighbors. The Financial Times reported on Sunday that US officials were trying to establish if there was any involvement in the Israel attacks by Iran, with conflicting reports emerging over the weekend on whether Iran was involved. Another factor likely behind the timing of the attack is recent political turmoil in Israel, say analysts.

Persons: —, Mohammed bin Salman, Peter Beaumont, Benjamin Netanyahu, James Stavridis Organizations: Hamas, Service, NBC, Financial Times, Saudi, Reuters, NBC News Locations: Israel, Gaza, Saudi Arabia, Saudi, Iran, Riyadh, Aqsa, Jerusalem, Islam, East

☆ Opinion: The Hamas attacks could prevent a diplomatic breakthrough
▼ + stars: | 2023-10-07 | by ( Peter Bergen | ) edition.cnn.com time to read: +5 min

In the past, Israel has exchanged large numbers of Palestinian prisoners for Israelis held by Hamas. Indeed the Abraham Accords did not do much of anything for the Palestinians. Also, both Israel and Saudi Arabia have a strong common interest today, both seeing Iran as their most dangerous enemy. Iran has also provided support to Hamas, according to the US State Department, in a 2020 report on terrorism. They are betting on a losing horse.”And on Saturday, Khamenei’s top military adviser said that Iran supported Hamas attacks in Israel “until the liberation of Palestine and Jerusalem.”

Persons: Peter Bergen, ”, Abraham, Donald Trump’s, Jared Kushner, Kushner, Trump, Biden, Islam —, Prince Mohammed bin Salman, King Salman, Ayatollah Ali Khamenei, Israel “ Organizations: New, Arizona State University, Apple, Spotify, CNN, Trump Administration, Abraham Accords, United Arab, Israel, Trump, Saudi, MBS, Fox News, US State Department, Iranian Locations: New America, Gaza, Israel, United Arab Emirates, Bahrain, Morocco, Sudan, Tel Aviv, Jerusalem, East Jerusalem, Saudi Arabia, Saudi, Israeli, Islam, Kippur, Egypt, Syria, Iran, Palestine

☆ ‘The Exorcist: Believer’ Review: A Devil for Every Denomination
▼ + stars: | 2023-10-06 | by ( Kyle Smith | ) www.wsj.com time to read: 1 min

Lidya Jewett Photo: Universal Studios‘The Exorcist” reaffirmed two things we already knew—that adolescent girls seem possessed by demons and that the devil sends his minions to Washington. Yet William Friedkin (who died in August) directed the 1973 film, based on William Peter Blatty ’s novel, with so much gusto that it can’t be compared to anything that came before it. Both a prestige drama and a freak-show shocker, it was the first horror film nominated for the Best Picture Oscar. In inflation-adjusted dollars, it remains the ninth-highest-grossing picture of all time at the domestic box office, and the only R-rated film in the top 20.

Persons: Lidya Jewett, ”, William Friedkin, William Peter Blatty ’ Organizations: Universal Studios Locations: Washington

☆ 'The Exorcist: Believer' and Hispanic audiences: A match made in horror movie heaven
▼ + stars: | 2023-10-05 | by ( Mike Calia | ) www.cnbc.com time to read: +8 min

In this article CMCSAUVV Follow your favorite stocks CREATE FREE ACCOUNTStill from the set of "The Exorcist: Believer." The new "Exorcist" movie will draw big Hispanic audiences. Universal is seeing stronger-than-average Hispanic interest for "The Exorcist: Believer" as the movie heads into its opening weekend, according to people familiar with the matter. Hispanic and Latino viewers will have a big say in how "The Exorcist: Believer" does at the box office, no matter what. They tend to represent 26% of horror movie audiences, compared with 20% for other genres, according to the Comscore/Screen Engine PostTrak Audience Survey.

Persons: Lea, Rolando Rodriguez, Leslie Odom Jr, Hamilton, Taylor Swift, Paul Dergarabedian, R.C, Jara, Max von Sydow, Linda Blair, Bela Lugosi, Guillermo del Toro, bogeyman El, Llorona, Angel Melanson, they're, William Peter Blatty, Ellen Burstyn, Jason Miller, Melanson, David Gordon Green, Alfred Hitchcock's, William Friedkin, there's, Green Organizations: Studios, National Association of Theatre Owners, Comscore, Survey, Bettmann, Getty, Universal, CNBC, Pew Research Center, Universal Studios, Hollywood Locations: Cuban, Georgia, Hollywood, United States

☆ Why borrowing costs for nearly everything are surging, and what it means for you
▼ + stars: | 2023-10-05 | by ( Hugh Son | ) www.cnbc.com time to read: +5 min

At the center of the storm is the 10-year Treasury yield , one of the most influential numbers in finance. The relentless rise in borrowing costs has blown past forecasters' predictions and has Wall Street casting about for explanations. Companies that can only issue debt in the high-yield market, which includes many retail employers, will confront sharply higher borrowing costs. Higher rates squeeze the housing industry and push commercial real estate closer to default. "So if banks haven't fixed their issues since then, the problem is only worse, because rates are only higher."

Persons: Jerome Powell, SAUL LOEB, Bob Michele, Ben Emons, Treasurys, Benjamin Dunn, Lindsay Rosner, Peter Boockvar, Rosner Organizations: Federal Reserve, Washington , D.C, Getty, ., Treasury, Fed, JPMorgan, NewEdge, Bloomberg, Alpha Theory Advisors, Goldman, Companies, Bleakley Financial, Valley Bank, First Locations: Washington ,, U.S, Goldman Sachs, First Republic

☆ John Kelly confirms firsthand Trump's statements expressing distaste for military service after years of anonymous accounts
▼ + stars: | 2023-10-03 | by ( Hannah Getahun | ) www.businessinsider.com time to read: +4 min

Former chief of staff John Kelly confirmed that he witnessed firsthand Trump's comments about military service. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Up until Monday, Kelly did not comment on Trump's alleged statements, which were first detailed by The Atlantic in 2020. Per the Atlantic's reporting, the former president joined Kelly to visit his late son Robert Kelly's grave in 2017 and asked "I don't get it. Per the Atlantic report, Trump staff witnessed the president ask to exclude wounded veterans from a military parade because "Nobody wants to see that."

Persons: John Kelly, Trump, —, Donald Trump, Kelly, Robert Kelly's, Peter Baker, Susan Glasser, Mark Milley, Sen, John McCain Organizations: Trump, Service, US Marine Corps, CNN, Gold Star, Atlantic, House, Chiefs, White House Locations: France, Vietnam

☆ John Kelly goes on the record to confirm several disturbing stories about Trump
▼ + stars: | 2023-10-02 | by ( Jake Tapper | ) edition.cnn.com time to read: +8 min

CNN —John Kelly, the longest-serving White House chief of staff for Donald Trump, offered his harshest criticism yet of the former president in an exclusive statement to CNN. Kelly set the record straight with on-the-record confirmation of a number of damning stories about statements Trump made behind closed doors attacking US service members and veterans, listing a number of objectionable comments Kelly witnessed Trump make firsthand. “A person that has no idea what America stands for and has no idea what America is all about. Then-candidate Trump of course said in front of a crowd in 2015 that former Vietnam POW Sen. John McCain, an Arizona Republican, was “not a war hero. Milley, in a call authorized by Trump administration officials, reassured his Chinese counterparts that such a strike was not going to happen.

Persons: John Kelly, Donald Trump, Kelly, Trump, ” Kelly, “, ’, autocrats, ”, Jeffrey Goldberg, Vietnam POW Sen, John McCain, weren’t, Goldberg, McCain, George H, Bush, Mark Milley, Belleau Wood, Susan Glasser, Peter Baker, ” Trump, Luis Avila, Bob Woodward, Robert Costa, Milley, Norah O’Donnell, Cassidy Hutchinson, Hutchinson, Alyssa Farah Griffin, Griffin, there’s, Mattis, Mark Esper, Bill Barr Organizations: CNN, White House, Trump, Gold Star, Arlington National Cemetery, Vietnam POW, Arizona Republican, Navy, ” CNN, Chiefs, Marines, House, Joint Chiefs, Trump White House, CBS Locations: France, Afghanistan, Iraq, Arizona, Aisne, Paris, Arlington, The, Gen

☆ Want to build a tiny home in your backyard? Here's how you can finance it.
▼ + stars: | 2023-10-02 | by ( Kelsey Neubauer | ) www.businessinsider.com time to read: +7 min

Backyard tiny homes, called ADUs, are becoming increasingly popular. AdvertisementAdvertisementBackyard tiny homes, called accessory dwelling units or ADUs, are becoming more popular as some state and local governments roll back zoning restrictions. That's because government-backed mortgage providers Fannie Mae and Freddie Mac set the strict standard for all other mortgage lenders. Sometimes, when financing an ADU loan, programs like RCUs may consider the property's worth after the ADU is constructed when underwriting the loan. Clark and her husband moved into the main home, and Sandoval-Clark and her family live in the ADU.

Persons: —, Fannie Mae, Freddie Mac, Freddie, Ryan O'Connell, you've, Peter Bohler, Suszi Lurie McFadden, O'Connell, RCU, RenoFi, it's, Katie Sandoval Clark, Marshall, Barbara Clark, Mother Barbara Clark, Katie Sandoval, Clark, Sandoval Organizations: Service, CAST, —, Denver Post, Redwood Credit Union, ADUs, Area Locations: California, — New York , California, Vermont, Denver , Colorado, Napa County , California

☆ Opinion: Trump and the upside-down world
▼ + stars: | 2023-10-01 | by ( Richard Galant | ) edition.cnn.com time to read: +17 min

We’re looking back at the strongest, smartest opinion takes of the week from CNN and other outlets. CNN —The title on the cover of Cass R. Sunstein’s 2021 book, “This is not normal,” is printed upside down. The beginning of a Trump-backed House Republican inquiry into impeaching President Joe Biden with no clear evidence of his wrongdoing. A last-ditch move Saturday kept federal agencies funded for 45 days while putting more aid to Ukraine in jeopardy. Bill Bramhall/Tribune Content AgencyOn Monday, a New York judge found Trump and his adult sons liable for insurance and bank fraud and canceled the Trump Organization’s business certification.

Persons: Cass R, ” Sunstein, Ronald Reagan, “ Donald Duck, Donald Trump, Joe Biden, Trump, “, ”, Kevin McCarthy’s, Clay Jones, Mike Lawler, Rosa Cruz, Rob Rosenthal, Brian Riedl, Walt Handelsman, Biden, MAGA, John Avlon, ’, Bill Bramhall, Frida Ghitis, —, Ghitis, Phil Hands, Julian Zelizer, Steven Lubet, Judge Chutkan, Dean Obeidallah, Menendez, Hal Boyd, Sen, Tim Scott, Ron DeSantis, Scott, ” Scott, Lyndon, “ you’ve, ” Jeff Yang, Chris Christie’s, ‘, Donald Duck ’, Mike Pence’s, Walter Mondale, Nikki Haley’s, South Carolina Sen, Vivek Ramaswamy, TikTok, whittling, Haley, ” Sophia Nelson, ” Lisa Benson, GoComics.com, James Antle III, Todd Graham, David Axelrod, Musa al, Republicans –, –, Nick Anderson, Agency Cassidy, Evelyn Hockstein, Cassidy Hutchinson, Nicole Hemmer, Hutchinson, …, Alyssa Farah Griffin, Liz Cheney, Alexander Butterfield, Melissa S, Jason L, Riley, Jill Filipovic’s, Robert F, Kennedy Jr, Peter Bergen, Kennedy, Vladimir Putin, Brian Bowen Smith, ABC Gerry Turner, Deborah Carr, Gerry Turner, Turner, ” Don’t, Jill Filipovic, Dianne Feinstein, Matthew F, West Point Vincent, David A, Adam Larson, Michael D, Smith, Travis, Taylor Dana Summers, Taylor Swift, Travis Kelce, ” Rick Reilly, Colgate, Tay, Frankie de la, it’s Organizations: CNN, Republican, Ronald Reagan Presidential, Trump, Chiefs, Department of Labor, Wesleyan University, Agency, MAGA Republican, Pew Research Center, NBC, Republicans, GOP, “, Florida Gov, New, New Jersey Gov, Democratic, UAW, Tribune, White House, Legislative Affairs, White, Street, ” RFK, ABC, Chicago, Corps, Kansas City Chiefs, New York Jets, Washington Post, NFL Locations: Milwaukee, Simi Valley , California, Ukraine, New York, Washington, Tempe , Arizona, New Jersey, Cupp, South Carolina, Florida, Michigan, Michigan , Pennsylvania, Wisconsin, Gharbi, West Point

☆ What the Nobel Prizes get wrong about science
▼ + stars: | 2023-09-29 | by ( Katie Hunt | ) edition.cnn.com time to read: +9 min

Peter Brzezinski, the secretary of the committee for the Nobel chemistry prize, said there were no plans to change the rule. He said the Nobel Prize committees, at least for science prizes, are “innately conservative.”DiversityOther criticism leveled at the Nobel Prizes includes the lack of diversity among winners. Of course, these flaws and gaps only matter because the Nobels are far better known than other science prizes, Rees added. The Nobel Prize in physiology or medicine will be announced on Monday, followed by the physics prize on Tuesday and the Nobel Prize in chemistry on Wednesday. The Nobel Prize for literature and the Nobel Peace Prize will be announced on Thursday and Friday, respectively.

Persons: Alfred Nobel, Martin Rees, Rees, ”, Jonathan Nackstrand, Rainer Weiss, Barry Barish, Kip Thorne, David Pendlebury, “ Nobel, ” Pendlebury, Nobel’s, Peter Brzezinski, “, ” Brzezinski, John Jumper, AlphaFold, Lasker, Pendlebury, Emmanuelle Charpentier, Jennifer Doudna, it’s, Carolyn Bertozzi, Andrea Ghez, Naomi Oreskes, Henry Charles Lea, ” Rees Organizations: CNN, Royal Society, Getty, Clarivate’s Institute for Scientific, Nobel Foundation, Academy, Google, Harvard University Locations: Swedish, AFP, Stockholm

☆ Here's how stocks typically do when the government shuts down
▼ + stars: | 2023-09-29 | by ( Fred Imbert | ) www.cnbc.com time to read: +1 min

That might not be bad news for the stock market after all. Data compiled by Raymond James shows the S & P 500 has averaged a 3.2% gain during government shutdowns going back to 1995. The most recent one, which took place between late 2018 and early 2019 and lasted 22 trading days, saw the S & P 500 rally more than 10%. In fact, the broad market index has posted gains in every shutdown period tracked by Raymond James. Bank of America economist Stephen Juneau also said, "the economic hit is usually modest," adding that shutdowns "do not impact market functioning."

Persons: Raymond James, shutdowns, Peter Boockvar, Stephen Juneau, — CNBC's Michael Bloom Organizations: Bleakley Financial, Bank of America

☆ Gold has held up better than anticipated: Cape Cod Five's Rachael Aiken
▼ + stars: | 2023-09-28 | 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 EmailGold has held up better than anticipated: Cape Cod Five's Rachael AikenRachael Aiken, senior investment officer at Cape Cod Five Wealth Management, Peter Boockvar, Bleakley Financial chief investment officer, and CNBC's Bob Pisani join 'Power Lunch' to discuss bonds and gold as alternatives to stocks.

Persons: Rachael Aiken Rachael Aiken, Peter Boockvar, Bob Pisani Organizations: Cape, Five Wealth Management, Bleakley Financial

☆ Watch CNBC's full interview with Cape Cod Five's Rachael Aiken and Bleakley's Peter Boockvar
▼ + stars: | 2023-09-28 | 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 EmailWatch CNBC's full interview with Cape Cod Five's Rachael Aiken and Bleakley's Peter BoockvarRachael Aiken, senior investment officer at Cape Cod Five Wealth Management, Peter Boockvar, Bleakley Financial chief investment officer, and CNBC's Bob Pisani join 'Power Lunch' to discuss bonds and gold as alternatives to stocks.

Persons: Rachael Aiken, Bleakley's Peter Boockvar Rachael Aiken, Peter Boockvar, Bob Pisani Organizations: Cape, Five Wealth Management, Bleakley Financial

☆ Opinion: The 2,000-year-old advice for coping in 2023
▼ + stars: | 2023-09-24 | by ( Richard Galant | ) edition.cnn.com time to read: +21 min

We’re looking back at the strongest, smartest opinion takes of the week from CNN and other outlets. A surprising number claimed to think about the ancient empire as often as ‘every day’ or least every week or two. It became a meme (are you even in a relationship if she hasn’t asked you about the Roman Empire? They marvel at their absolute dominion, their mastery of every strand of civilisation — and then how that power suddenly slipped away. Biden on Wednesday took steps to speed up the ability of Venezuelans in the US to obtain work permits.

Persons: CNN —, ”, Lucius Annaeus Seneca, Seneca, Caligula, Claudius, Nero, Bobby McFerrin’s musing, David M, Perry, hasn’t, Jo Ellison, —, Marcus Aurelius, that’s, David Perry, “ There’s, ” Perry, Paula M, Krebs, “, Donald Trump’s, Ron DeSantis, Trump, …, ’, ” Cupp, Roe, Wade, Cupp, he’s, Dean Obeidallah, Trump’s, Patrick T, Brown, Bill Bramhall, Content Agency Rupert Murdoch, Rupert Murdoch, Lachlan Murdoch, David Zurawik, Rupert, Murdoch, Roger Ailes, Richard Nixon, ” Murdoch “, Walt Handelsman, Kevin McCarthy, Max Burns, Donald Trump, today’s MAGA, ” Clay Jones, Chuck Schumer, Elena Sheppard, Sen, John Fetterman, baring, Fetterman, Kim Jong Un, Vladimir Putin, Kim Yo Jong, Sung, Yoon Lee, “ Kim Yo Jong, Kim, Kim Jong, ” “, Hunter Biden isn’t, Alexis Coe, George Washington’s, James Madison, Abraham Lincoln, Teddy Roosevelt, Ronald Reagan, George H.W, Bush, Hunter, … Hunter, Joe Biden, Biden, Peter Bergen, Mike Pence, … Biden, Bergen, ” Lisa Benson, Martin Sheen, Melissa Fitzgerald, Gurney, John F, Melissa, Andy, Michael Bociurkiw, ” Bociurkiw, Volodymyr Zelensky “, Zelensky, Lanhee J, Chen, ” Chen, Keir Giles, It’ll, Jennifer Wexton, Barbara Comstock, Alex Brandon, Jill Filipovic, Democrat “, ” Wexteon “, Eric Adams, Julian Zelizer . Biden, ” Don’t, David Horsey, Agency Frida Ghitis, Agatha Christie, China Adam H, Sobel, Holly Thomas, Russell Brand, Akanksha, Dan Perry, Gilead, Netanyahu government’s, Gene Seymour, Jann, Reggie B, Maren Morris, Matt Winkelmeyer, ” Maren Morris, Nicole Hemmer, Morris ’, Morris, Jason Aldean’s “, Oliver Anthony’s “ Rich, Richmond ”, “ Rich, ” Hemmer, Anthony himself, ‘, Hemmer Organizations: CNN, Financial Times, West Virginia University, Modern Language Association, WVU, West Virginia, Republican, Press, Florida Gov, White, Content Agency, Content Agency Rupert Murdoch Media, Fox News, Capitol, Agency, Democratic, fied Republican Party, Republican Party, Justice Department, Qatari, Amnesty International, Kennedy Center, UN, Assembly, CBS, Ukraine’s, Republicans, Democrat, Progressive Supra, GOP, Walton, Mobile, North, Richmond Locations: Rome, Ukraine, TikTok, Roman, Roman Republic, Washington, ”, Korean, North Korea, Iran, Qatar, Russia, Moscow, Kyiv, Dulles , Virginia, Virginia, New York City, United States, China, Las Vegas , Nevada

☆ How two former Goldman Sachs traders built the No. 1 US coal exporting business
▼ + stars: | 2023-09-23 | by ( Joseph Wilkins | ) www.businessinsider.com time to read: +3 min

Peter Bradley and Spencer Sloan have built a $1 billion commodities firm over the last eight years. Javelin Global Commodities is now the No. Javelin Global Commodities has grown to become the No. 1 exporter of American coal, Bloomberg reported, citing sources familiar to the company. "It's pretty disheartening that vast fortunes are still being made in activities that are driving dangerous, and potentially catastrophic, global warming."

Persons: Goldman, Peter Bradley, Spencer Sloan, Goldman Sachs, Joseph Curtin Organizations: Bloomberg, Commodities, Service, International Energy Agency, Riverside Shipping, Rockefeller Centre Locations: Wall, Silicon, America, Ukraine, Europe, Moscow

☆ AlphaTauri confirm Tsunoda and Ricciardo for 2024
▼ + stars: | 2023-09-22 | by ( ) www.reuters.com time to read: +2 min

Summary Tsunoda and Ricciardo to be race line-upLawson to serve as reserve for both Red Bull teamsSUZUKA, Japan, Sept 23 (Reuters) - AlphaTauri confirmed Daniel Ricciardo and Yuki Tsunoda as their 2024 Formula One lineup on Saturday and said current stand-in Liam Lawson would be reserve driver for both of Red Bull's teams. "Both Daniel and Yuki have not just shown fantastic race craft but are also great global ambassadors for our team and our sport. We are building and it is a great feeling...bring on 2024," Ricciardo said in the statement. Tsunoda, Japan's only current F1 driver and backed by AlphaTauri's engine partner Honda, will be racing for a fourth season after joining in 2021. AlphaTauri said the Kiwi driver will attend all F1 races next season, focusing on testing, simulator and development work.

Persons: Lawson, AlphaTauri, Daniel Ricciardo, Yuki Tsunoda, Liam Lawson, Red, Williams, Zealander Lawson, Peter Bayer, Daniel, Yuki, Liam, Ricciardo, Honda, Franz Tost, Laurent Mekies, Peter, Laurent, Alan Baldwin, Rory Carroll, Toby Davis Organizations: Red Bull, SUZUKA, McLaren, Japan's, Kiwi, Thomson Locations: Japan, London, Los Angeles

☆ Insider Today: Side hustles' turning point
▼ + stars: | 2023-09-21 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +8 min

A new study from Morgan Stanely makes the case that generative AI will enable people to work multiple jobs, writes Insider's Alistair Barr. In the US alone, multi-earning has increased 11% over the past year, largely thanks to the rise of generative AI tools like ChatGPT. New research from EY found that nearly 40% of Gen Zers had a side hustle to earn extra money. Adding fuel to the fire is the fact bosses don't seem to care if their employees are working multiple jobs, albeit with one caveat. To be sure, executives' acceptance of employees working multiple jobs might be short-lived.

Persons: Randy Rush, Morgan Stanely, Alistair Barr, Morgan Stanley, EY, Gen Zers, Zers, Gen, Z, Alex Wong, we're, It's, Peter Brown, alums, —, Brooks Kraft, Cassidy Hutchinson, Rudy Giuliani, Joe Biden, Volodymyr Zelenskyy, Mike Minnis, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Service, Fed, cofounders, Renaissance Technologies, Tesla, Bugatti, Brooks Kraft LLC, Getty, Netflix, United Nations General Assembly, Darden, Olive Garden, LongHorn Locations: Wall, Silicon, Asia, Scottish, —, Europe, Americas, Olive, New York City, San Diego, London

But union leaders say Trump's record in the White House speaks for itself. While the United Auto Workers union has withheld an endorsement in the 2024 presidential race, its leadership has repeatedly rebuffed Trump. Despite Trump's history of success in courting blue-collar workers in previous elections, union leaders say their members would do well to believe their own eyes. As president, Trump largely sat on the sidelines during a 40-day walkout at a General Motors plant in 2019. “President Trump has always been on the side of American workers,” his campaign spokesman Steven Cheung said in a statement.

Persons: Donald Trump, he’ll, Trump, “, Dave Green, Mark McManus, Ron Bieber, you’re, Peter Berg, ”, Steven Cheung, Cheung, Joe Biden, ” Trump, Trump's, Green, ” Green, “ Banks, Biden, Price, Linley Sanders Organizations: Detroit, United Auto Workers, Union, U.S, Supreme, Trump, UAW, Ohio, National Labor Relations Board, Republican, Trump -, ” Michigan AFL, Associated Press, Michigan State University, General Motors, Republicans, Democratic Party, AP, Democrats Locations: LANSING, Mich, Trump, Michigan, Detroit, Toledo , Ohio, Indiana, ”, California, U.S, Ohio, Lordstown , Ohio, Pennsylvania, Wisconsin, New York, Washington

☆ Jimmy Carter’s Final Chapter: Peanut Butter Ice Cream and His 99th Birthday
▼ + stars: | 2023-09-21 | by ( Peter Baker | More About Peter Baker | ) www.nytimes.com time to read: +1 min

Maybe it’s the peanut butter ice cream he still enjoys. Or the fact that his first-place Atlanta Braves are cruising toward the playoffs and he wants to see another World Series. Or as many of his loved ones and former advisers suggest, maybe he is just too stubborn to follow anyone else’s timetable. Whatever the reason, seven months after entering hospice care, Jimmy Carter is still hanging on, thank you very much, and is in fact heading toward his 99th birthday in just over a week. And then we thought it was going to be in that week that it was coming to the end.

Persons: Jimmy Carter, ” Jason Carter, “, ” Mr, Carter Organizations: Atlanta Braves Locations: Plains , Ga

☆ A Subtle Change for Biden
▼ + stars: | 2023-09-20 | by ( David Leonhardt | More About David Leonhardt | ) www.nytimes.com time to read: +3 min

These countries tend to be flawed democracies (like Brazil, India, Israel and Nigeria) or autocracies (like Saudi Arabia and Vietnam). If the U.S. suggests that only democracies are welcome in its alliance, that alliance will shrink. But, he added, Biden “has also been clear that in that larger effort, we need constructive relationships with countries of all different traditions and backgrounds.”The C.I.A. The U.S. strengthened its ties with Vietnam — which remains a one-party state — when Biden visited Hanoi this month. All of this may help explain the approach Biden took at the U.N. yesterday.

Persons: ” Walter Russell Mead, ” Mead, Biden, Peter Baker, Jake Sullivan, ” Sullivan, Biden “, Stalin, Saddam Hussein, Narendra Modi, Justin Trudeau, Canada’s, India’s, Edward Wong, Mark Mazzetti, ” Organizations: Washington, Hudson Institute, White House, autocracies, Stalin’s, Vietnam, Saudi Locations: Beijing, Brazil, India, Israel, Nigeria, Saudi Arabia, Vietnam, U.S, United States, Stalin’s Soviet, Kuwait, Europe, Japan, South Korea, China, British Columbia, Hanoi, Turkey, Hungary, Poland, Ukraine, Russia, Africa, Latin America, Southeast Asia

☆ High oil prices don't make Europe energy stocks attractive to all
▼ + stars: | 2023-09-20 | by ( Lucy Raitano | ) www.reuters.com time to read: +4 min

The STOXX 600 European oil and gas index (.SXEP) is at its highest since mid-February, having gained around 13.5% in the past two months. In the same period, benchmark Brent crude has risen 18% and European natural gas prices have gained 50%. He said higher oil prices could prompt upgrades to earnings estimates, and potentially dividends too. "The whole energy sector should benefit, but the downstream sector is looking very cheap and offers a high dividend which is attractive given higher interest rates," said Cau. Bank of America strategists have an underweight rating on European energy stocks.

Persons: Heinz, Peter Bader, Brent, Mislav Matejka, Morgan Stanley, Emmanuel Cau, Andreas Bruckner, Lucy Raitano, Amanda Cooper, Miral Organizations: REUTERS, Brent, Reuters, JPMorgan, Barclays, Bank of America, Thomson Locations: Zistersdorf, Austria, Saudi Arabia, Russia, China

☆ The CEO of a hedge fund that averaged a 66% return for 3 decades spoke about investing, hiring, and sleeping 2,000 nights in his office. Here are the 11 best quotes.
▼ + stars: | 2023-09-20 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +5 min

Brown had the idea for IBM's "Deep Blue," and has spent over 2,000 nights sleeping in his office. RenTech was founded by Jim Simons, a former MIT math professor and Cold War codebreaker. Peter Brown is the CEO of Renaissance Technologies, a quant fund founded by former Cold War codebreaker and MIT math professor Jim Simons. And the job is so demanding, I really don't see how I could do it otherwise." We don't know any economics.

Persons: Peter Brown, Brown, RenTech, Jim Simons, Goldman, he's, he'd, Peter, we're, we've Organizations: Renaissance, MIT, Service, Goldman Sachs Exchanges, Renaissance Technologies Locations: Wall, Silicon, York

☆ Hedge fund CEO says staff installed mirrors around the office to stop him from crashing into them while he rode a unicycle
▼ + stars: | 2023-09-20 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

The CEO of hedge fund Renaissance Technologies used to ride a unicycle around the office. Peter Brown said staff once had to install mirrors in the office to stop him crashing into them. The hedge fund boss confirmed the story was true, before adding he no longer rode a unicycle anymore because he crashed and broke it. AdvertisementAdvertisementFounded in 1982, New York-based Renaissance Technologies is widely regarded as one of the world's most successful hedge funds. In the 45-minute podcast interview, Brown discussed some of his other working habits, including the amount of time he spent sleeping in the office and what he looks for in potential employees.

Persons: Peter Brown, Brown, Goldman Sachs, Raj Mahajan, Jim Simons, Bob Mercer, Simons Organizations: Technologies, Service, Goldman, IBM, Bloomberg Locations: Wall, Silicon, New York

Search resuls for: "Peter B"

25 mentions found