DIRS.INFO The most relevant business & tech news

The report found that the FBI and DHS continue to spend more on international terrorism, despite saying for years that domestic terrorism now poses a greater threat to Americans. The report said a change in how the FBI categorizes domestic terrorism ideologies has been a hindrance to understanding the problem. In 2017, FBI created a new category of domestic terrorism ideology called “Black Identity Extremists,” but then stopped using it. The report also criticized the FBI and DHS as having been conservative in hunting for threat intelligence posted publicly on social media. Research conducted by MIT’s Technology Review found that “users consistently migrate from milder to more extreme content” on YouTube.

☆ Don Was Ill. Six Buddies Reunited 58 Years After Graduation to Help Him.
▼ + stars: | 2022-11-14 | by ( Clare Ansberry | ) www.wsj.com time to read: 1 min

PAW PAW, Mich.—In recent years, Don Brezinski suffered from a stroke and Covid, spent months in hospitals and rehab centers, and lost his longtime partner. The 75-year-old felt alone and near death—until six of his high school friends banded together to help him. The former classmates, all in their mid-70s and spread across four states, call themselves Group B for Brezinski. Some hadn’t seen him since they graduated in 1964.

☆ Customs and Border Protection chief refusing request to step down, DHS official says
▼ + stars: | 2022-11-12 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Rebecca-Shabad-Circle-Byline-Template.Jpg | Rebecca Shabad | ) www.nbcnews.com time to read: +2 min

WASHINGTON — The commissioner of U.S. Customs and Border Protection, the federal agency in charge of border security, is refusing to step down from his job after a request by the Biden administration, an official from the Department of Homeland Security told NBC News. As the head of CBP, Chris Magnus, 62, oversees more than 60,000 employees whose missions focus on counterterrorism, border security and trade enforcement. The Los Angeles Times was first to report the news that Magnus was asked to resign. Magnus has served in the role since Dec. 2021 after being narrowly confirmed by the Senate in a 50-47 mostly party-line vote. He had previously served as chief of police in Tucson, Ariz., from 2016 to 2020, resigning after a civilian died while in police custody.

WASHINGTON — Americans were still waiting Friday to learn which party will control the House and Senate next year. Three days after final ballots were cast in the 2022 midterm elections, more than two dozen House races have not yet been called, with a number of them in California and other areas in the western half of the country. Republicans have a better chance of winning a majority in the House, though the Democrats still have a chance to retain control. As of Friday morning, Republicans have won 211 seats, Democrats have won 197 and 27 races remain uncalled. The Senate also hangs in the balance, as results in key races in Arizona and Nevada have not been decided.

SummarySummary Companies Key House, Senate races still too close to callRepublican-controlled Congress would stymie Biden agendaPHOENIX, Ariz./BIRMINGHAM, Mich., Nov 8 (Reuters) - Control of Congress was up for grabs after Tuesday's U.S. midterm elections with many of the most competitive races uncalled, leaving it unclear whether Republicans would seize control from President Joe Biden's Democrats. In the House of Representatives, Republicans had been favored to win a majority that would allow them to halt Biden's legislative agenda. By early Wednesday, the party had flipped four Democratic House seats, Edison Research projected, one short of the number they need to take over the chamber. The Georgia Senate race could end up in a Dec. 6 runoff, possibly with Senate control at stake. Democrats currently control the 50-50 Senate with Vice President Kamala Harris able to break any ties.

Vance won Ohio's U.S. Senate race in Tuesday's midterm elections, but control of the chamber remained up for grabs with several contests too close to call. Democrats currently control the 50-50 Senate with Vice President Kamala Harris able to break any ties. In addition to every House seat, 35 Senate seats and three dozen governors' races are on the ballot. (Live election results from around the country are here.) In Pennsylvania, Republican gubernatorial candidate Doug Mastriano, who sought to overturn the state's election results after Trump lost, was defeated by Democrat Josh Shapiro.

[1/14] A voter waits in line to cast their ballot during the midterm elections, in McAllen, Texas, U.S., November 8, 2022. REUTERS/Callaghan O'HarePHOENIX, Ariz./BIRMINGHAM, Mich., Nov 8 (Reuters) - Republicans were favored to wrest control of the U.S. House of Representatives away from President Joe Biden's Democrats based on early returns in Tuesday's midterm elections, though the prospects of a "red wave" appeared to have dimmed. But importantly, that number can change as close to 200 of the 435 House races had yet to be called, including some with vulnerable Republican incumbents. But even a narrow Republican House majority would be able to block Biden's priorities while launching politically damaging investigations into his administration and family. (Live election results from around the country are here.)

REUTERS/Mary F. CalvertPHOENIX, Ariz./BIRMINGHAM, Mich., Nov 8 (Reuters) - Senate incumbents including Democratic leader Chuck Schumer and senior Republican John Thune won re-election in Tuesday's U.S. midterm elections, on a day Republicans were expected to wrest control of Congress away from President Joe Biden's Democrats. Thirty-five Senate seats and all 435 House of Representatives seats are on the ballot. The final outcome, particularly control of the 50-50 Senate, is unlikely to be known any time soon. Democrats currently control that chamber through Vice President Kamala Harris' tie-breaking vote. The Georgia race could end up in a Dec. 6 runoff to determine which party holds the Senate.

DeSantis, a possible contender for the Republican presidential nomination in 2024, turned away Democratic Representative Charlie Crist, Edison Research projected. Seven Republicans also won U.S. Senate seats, according to Edison, though none was unexpected. Thirty-five Senate seats and all 435 House of Representatives seats are on the ballot. Republicans are widely favored to pick up the five seats they need to control the House, but control of the Senate could come down to tight races in Pennsylvania, Nevada, Georgia and Arizona. In Maricopa County, Arizona - a key battleground - the Republican Senate nominee, Blake Masters, and the national party filed an emergency lawsuit seeking to extend voting hours after some tabulation machines malfunctioned.

"I will do anything I can to keep him from running," said Gordon Nelson, 77, who cast an all-Republican ballot on Tuesday in Birmingham, Michigan. Nelson voted for Trump twice, but now blames him for the nation's tense political climate and for the Democrats' majority in Congress. Nelson's opinion was shared by six other Republican voters in Arizona, Georgia and Michigan who Reuters interviewed on Tuesday, most of whom brought up their distaste for Trump unprompted. About 60% of Republicans surveyed by Reuters/Ipsos last month said they thought Trump should run again in 2024, with 36% saying he should not. "I think (Trump) would just keep the pot stirring.

Spreading lies, misinformation and doubt about the 2020 election have proven to be a winning strategy for many Republicans across the United States. The analysis identified more than 370 candidates who cast doubt in some way on the 2020 election. House Republican newcomer said the 2020 election was stolen House Republican newcomer questioned the 2020 election in other ways W y o . M o . T e x as T enn. A vast majority of states will have one or more Republicans who cast doubt on the 2020 election. More than a Dozen Skeptics Elected in the SenateThe 16 Republican skeptics elected so far include several who have outright denied the 2020 election, including J.D.

[1/10] Voters fill out ballots at a polling station during the 2022 U.S. midterm election in downtown Harrisburg, Pennsylvania, U.S., November 8, 2022. With voting underway, U.S. officials said they did not see a "specific or credible threat" to disrupt election infrastructure. A Republican Senate would hold sway over Biden's judicial nominations, including any Supreme Court vacancy, intensifying the spotlight on the increasingly conservative court. The Supreme Court's June decision to overturn the nationwide right to abortion had galvanized Democratic voters around the country, temporarily raising the party's hopes they could defy history. The prevalence of election deniers among Republican candidates has elevated down-ballot races that typically receive little attention.

[1/10] Voters fill out ballots at a polling station during the 2022 U.S. midterm election in downtown Harrisburg, Pennsylvania, U.S., November 8, 2022. Even before the midterm elections were completed, the 2024 presidential election was taking shape. In Congress, a Republican-controlled House would be able to block bills addressing Democratic priorities such as abortion rights and climate change. The Supreme Court's June decision to overturn the nationwide right to abortion had galvanized Democratic voters around the country, temporarily raising the party's hopes they could defy history. Those concerns swayed even some Republican leaning voters like Henry Bowden, 36, an Atlanta lawyer who said he voted for a mix of Republican and Democratic voters.

Efforts to investigate the 2020 election and institute changes to the state’s election procedures — the promises that helped propel DePerno onto the political map and won him former President Donald Trump’s endorsement. In Arizona, GOP gubernatorial nominee Kari Lake has repeatedly called the 2020 election “rigged” and “stolen” during the primary only to spend most of the general election talking about immigration, education, the economy and crime. After trailing in earlier polling, both Lake and Masters appeared neck-and-neck with their opponents in the campaign’s final days. Doug Mastriano, the GOP nominee who was outside the Capitol on Jan. 6 and whose campaign paid to bus people to the pro-Trump protest that proceeded the riot, has kept the 2020 election near the forefront of his campaign. “It’s people like her,” Whitmer said of Dixon, who has baselessly raised doubts about the 2020 election results, “who are the greatest threat to our democracy right now.”Dixon has defended her use of such rhetoric.

☆ CFOs Boost Currency Protections, Extend Hedge Contracts as Strong Dollar Takes Toll
▼ + stars: | 2022-11-07 | by ( Nina Trentmann | ) www.wsj.com time to read: +6 min

Changes to companies’ hedge contracts include covering larger amounts of earnings as well as longer durations beyond the usual 18 to 24 months. Newsletter Sign-up WSJ | CFO Journal The Morning Ledger provides daily news and insights on corporate finance from the CFO Journal team. There are growing indicators of the impact of the strengthening dollar on companies’ results and stocks, according to Goldman Sachs Group Inc. Many companies have hedges in place to protect cash flows, earnings and balance sheets from currency fluctuations, said Mr. Neu. Prologis Inc., a San Francisco-based operator of warehouses, is working to extend its hedges, CFO Tim Arndt said.

☆ How Diverse Are the Candidates in the Midterm Elections?
▼ + stars: | 2022-11-05 | by ( Maggie Astor | Eleanor Lutz | ) www.nytimes.com time to read: +11 min

The House of RepresentativesThere are at least 403 people of color, women or nonbinary candidates running for seats in the House of Representatives in Tuesday’s midterm elections. Incumbent Democrat Republican White men women Black men women Hispanic men women Other and multiple race men womenThere are 11 Senate candidates who are Black this year. Democrat Black candidates Republican Ga. Raphael Warnock Ala. Will Boyd Ark. Incumbent Democrat Republican White men women Black men women Other and multiple race men womenThere are 25 women nominated for governor — 16 Democrats and nine Republicans. Democrat Black candidates Republican Ala. Yolanda Flowers Ark.

☆ A Michigan judge tried to block an abortion rights measure. His ex-wife says he helped her get an abortion in college.
▼ + stars: | 2022-11-03 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Jonathan-Allen-Circle-Byline-Template.Jpg | Jonathan Allen | ) www.nbcnews.com time to read: +12 min

On May 18 that year, Jones said, Zahra drove her to the clinic and paid for her abortion. Michigan Supreme Court Justice Brian Zahra. Michigan CourtsAside from Zahra, Jones said she did not immediately tell anyone that she was pregnant in May 1983. The abortion-rights coalition sued to place it on the ballot, and the state Supreme Court ruled in favor of the coalition — ordering state officials to put the proposed amendment to voters on Nov. 8. She calculated her menstrual cycle and told Zahra she thought she might be pregnant.

☆ The GOP has Paul Pelosi’s blood on its hands
▼ + stars: | 2022-11-03 | by ( Arick Wierson | Arick Wierson Is A Six-Time Emmy Award-Winning Television Producer | A Former Senior Aide To Former New York City Mayor Michael Bloomberg. He Advises Political | ) www.nbcnews.com time to read: +6 min

The whole thing highlights how while the suspect, David DePape, may have invaded the Pelosi home, the GOP also bears its share of responsibility for it. It would be a mistake not to see how DePape was radicalized (at least in part) by a right-wing media that does the bidding of a Republican Party. Although some Republicans, such as Senate Minority Leader Mitch McConnell, did the right thing and publicly condemned the attack on Paul Pelosi, others on the right jumped at the chance to get some digs in. Following the attack on Paul Pelosi, Rep. Debbie Dingell (D-Mich.), said it best: “Somebody is going to die.” That’s very well what could have happened last week at the Pelosi residence. I came here to have a little chat with his wife,” DePape said he told Paul Pelosi, according to the memo.

MIDLAND, Mich. — The closing days of Michigan’s midterm elections for governor and other statewide offices have erupted into a scramble, with tightening polls, hostile tones and dire warnings from both parties. “As the state of Michigan goes, so goes the whole country, and as the United States of America goes, so goes the globe,” Democratic Gov. “It’s really about power for them,” Dixon said Wednesday night at a rally here in Midland. “I will always follow the Constitution,” Dixon told reporters after her rally in Midland. “So we got six days, six more days.

☆ Eli Lilly is still best long-term growth story in large cap pharma despite messy quarter
▼ + stars: | 2022-11-01 | by ( Jeff Marks | ) www.cnbc.com time to read: +10 min

Eli Lilly (LLY) reported a noisy third-quarter before the opening bell Thursday, but the numbers did not change our thesis in what we think is the best long-term growth story in large cap pharma. On the bottom line, Eli Lilly grew its adjusted earnings-per-share by 12% to $1.98, beating the consensus forecast of $1.92, according to Refinitiv. Bottom line Another messy quarter for Eli Lilly but one that has little impact on what we believe is still a compelling story. Verzenio revenue of $618 million beat estimates of $615 million Jardiance revenue of $573 million beat estimates of $495 million Taltz revenue of $679 million missed estimates of $682 million Retevmo revenue of $40.5 million missed estimates of $52 million. This Tuesday, July 17, 2012, photo shows the Eli Lilly corporate headquarters in Indianapolis.

☆ Ford and Mercedes-Benz Formally Exit From Russia
▼ + stars: | 2022-10-26 | by ( Dean Seal | ) www.wsj.com time to read: 1 min

Ford said it has sold its 49% stake in its joint venture with Soller PJSC that produced and distributed Ford vehicles in Russia. Ford Motor Co. and Mercedes-Benz Group AG have both completed their exits from Russia after suspending activities there last March in response to the country’s invasion of Ukraine. Ford said Wednesday that it has sold its 49% stake in its joint venture with Soller PJSC, which it established in 2011 to produce and distribute Ford vehicles in Russia. The Dearborn, Mich.-based company said it still has an option to repurchase the shares within the next five years.

☆ Ford Posts Loss as It Takes $2.7 Billion Charge on Argo Driverless Venture
▼ + stars: | 2022-10-26 | by ( Nora Eckert | ) www.wsj.com time to read: 1 min

Ford Motor swung to a third-quarter loss because of a hefty charge associated with the shutdown of the auto maker’s autonomous-driving venture Argo AI, the latest setback in the pursuit of self-driving cars. The Dearborn, Mich., company, which invested in Pittsburgh-based Argo in 2017, said Wednesday that it is shifting its focus away from the development of fully autonomous driving technology and to partially automated features that Ford and other auto makers already offer. Ford will absorb several hundred of Argo’s roughly 2,000 employees, the auto maker said.

☆ Ford to Take $2.7 Billion Charge on Argo Driverless Startup Stake
▼ + stars: | 2022-10-26 | by ( Nora Eckert | ) www.wsj.com time to read: 1 min

A driverless car operated by Argo AI on the road in Austin, Texas, last May. Ford Motor said it is taking a $2.7 billion charge on its investment in driverless-car firm Argo AI as that startup shuts down its operations. The Dearborn, Mich., company, which invested in Pittsburgh-based Argo in 2017, said Wednesday that it is shifting its focus away from the development of fully autonomous driving technology and to partially automated features that Ford and other auto makers already offer. Ford will absorb some Argo employees, the auto maker said.

☆ Three Men Convicted in Plot to Kidnap Michigan Gov. Gretchen Whitmer
▼ + stars: | 2022-10-26 | by ( Ben Kesling | ) www.wsj.com time to read: 1 min

Paul Bellar was taken into custody at a courthouse in Jackson, Mich., after Wednesday’s verdict was delivered. Jurors convicted three men on Wednesday of plotting to kidnap Michigan Gov. Gretchen Whitmer despite a defense that argued they were just talking about the crime with no intent of carrying it out. After a day of deliberations the jurors in the state court case delivered guilty verdicts for Pete Musico, Paul Bellar and Joseph Morrison on charges of providing material support for terrorism, part of a broader scheme by a militia group that was broken up by the Federal Bureau of Investigation in 2020.

☆ Whirlpool Cuts Production to Counter Falling Appliance Sales
▼ + stars: | 2022-10-21 | by ( Bob Tita | ) www.wsj.com time to read: 1 min

Whirlpool slashed production of refrigerators, dish washers and other home appliances by more than a third during its most recent quarter to shrink inventories as consumer demand diminished, executives said. The Benton Harbor, Mich.-based company cut its profit forecast for 2022 by about half, warning that high costs were likely to persist into next year as appliance demand remains muted.

Search resuls for: "Mich"

25 mentions found