DIRS.INFO The most relevant business & tech news

☆ Investors have 'almost zero' protections when they send their money offshore, says Jay Clayton
▼ + stars: | 2022-11-11 | 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 EmailInvestors have 'almost zero' protections when they send their money offshore, says Jay ClaytonFormer SEC Chair Jay Clayton joins CNBC's 'Squawk Box' to weigh in on FTX's fallout and what it means for individual crypto investors.

☆ The House will aggressively try to return the U.S. to energy independence, says Gary Cohn
▼ + stars: | 2022-11-09 | 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 House will aggressively try to return the U.S. to energy independence, says Gary CohnGary Cohn, vice chairman at IBM and former National Economic Council director, and former SEC Chairman Jay Clayton join CNBC's 'Squawk Box' to discuss the midterm election results, crypto, and more.

☆ NHL roundup: Devils top Flames, run win streak to 7 games
▼ + stars: | 2022-11-09 | by ( ) www.reuters.com time to read: +6 min

The Devils have won seven straight -- their longest winning streak since winning eight straight from Feb. 6-22, 2011. Golden Knights 4, Maple Leafs 3 (OT)Reilly Smith scored his second goal of the game 23 seconds into overtime and visiting Vegas defeated Toronto. Oilers left winger Evander Kane was stable and transported to a local hospital for a procedure following a serious left wrist laceration in the second period. After Jason Robertson gave Dallas a 1-0 lead at 3:06 of the second period, Winnipeg scored four straight goals in the frame. Dallas, which had outscored its opponents 18-6 during a three-game winning streak entering play Tuesday, seemed shellshocked following the results of the second period.

☆ Software company Amaze has acquired Spring, the creator economy merch startup formerly called Teespring
▼ + stars: | 2022-11-08 | by ( Amanda Perelli | Sydney Bradley | ) www.businessinsider.com time to read: +3 min

Creator merch startup Spring, formerly Teespring, was acquired by software company Amaze. This announcement follows Spring's recent struggles rebranding as a creator economy company. Merchandise startup Spring, formally Teespring, was recently acquired by software company Amaze, the company confirmed to Insider. Spring was one of at least 20 creator startups that experienced cuts this year. Lamontagne will join Amaze as president and lead Amaze's creator community and commerce group, while Jansen will take over as chief business officer, according to Amaze.

☆ Bono’s new book is more than a rock star memoir. It’s also a powerful tribute to America
▼ + stars: | 2022-11-08 | by ( John Blake | ) edition.cnn.com time to read: +12 min

Born Paul David Hewson in Dublin, Ireland, Bono is a global rock star, an activist and an entrepreneur who is currently touring the US to promote his memoir. Bono’s book, though, is more than a rock star’s memoir. A belief in America as an idea, not a religionAs any casual fan of U2 knows, U2 has long had a close relationship with the US. Martin Luther King Jr., with their song, “Pride (In The Name of Love).”In “Surrender,” Bono pays tribute to America itself. “The search for common ground starts with a search for higher ground,” Bono writes in the memoir.

☆ Entities that engage in liquidity transformation need regulation, says former SEC Chair Jay Clayton
▼ + stars: | 2022-11-08 | 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 EmailEntities that engage in liquidity transformation need regulation, says former SEC Chair Jay ClaytonFormer SEC Chairman Jay Clayton joins ‘CNBC: Business on the Ballot’ to discuss the future of regulation and oversight of cryptocurrencies.

☆ ‘Flaming basketball’ that fell from the sky may have been a meteor that destroyed a California home
▼ + stars: | 2022-11-07 | by ( Mirna Alsharif | Mirna Alsharif Is A Breaking News Reporter For Nbc News. | ) www.nbcnews.com time to read: +2 min

A possible meteor caught on video that “looks like a flaming basketball” falling from the sky may have been responsible for destroying a Northern California man’s home last week. Authorities are now investigating whether it was possibly a meteor that fell from the sky onto Porcita's home. "I can say that during the incident many people approached the fire department to say they saw a potential meteor fall in that area. The debris "hits the Earth’s atmosphere at 65,000 mph and burns up" creating what the agency calls the Taurid meteor shower. When shown a video of the possible meteorite that had fallen in the area, Porcita said it looked like a "flaming basketball."

☆ Man who won gay rights case at Supreme Court agrees to settlement
▼ + stars: | 2022-11-07 | by ( Associated Press | ) www.nbcnews.com time to read: +2 min

ATLANTA — A Georgia county has agreed to settle a lawsuit brought by a man whose case was one of three that led to a U.S. Supreme Court ruling that said civil rights law protects gay, lesbian and transgender people from discrimination in employment. The Clayton County Board of Commissioners this week approved an $825,000 settlement for Gerald Lynn Bostock, his lawyer Ed Buckley said Friday. Bostock had sued the county, which sits just south of Atlanta, saying he was fired in 2013 because he is gay. The federal appeals court cited binding precedent that said the 1964 civil rights law doesn’t protect against workplace discrimination based on sexual orientation. Bostock asserted in a 2016 lawsuit that he was fired from his job as a court child welfare services coordinator because he’s gay.

☆ Buffett's Berkshire loses money as stocks, Hurricane Ian offset rising demand
▼ + stars: | 2022-11-05 | by ( Jonathan Stempel | ) www.reuters.com time to read: +5 min

Nov 5 (Reuters) - Warren Buffett's Berkshire Hathaway Inc (BRKa.N) on Saturday posted a $2.69 billion third-quarter loss as rising inflation, falling stock investments and a big loss from Hurricane Ian offset improvement in many of the conglomerate's businesses. Berkshire also bought back more of its own stock but was cautious, repurchasing $1.05 billion, similar to the second quarter. Berkshire also said rising costs from fuel and accidents hurt respective results at two of its best-known businesses, the BNSF railroad and Geico auto insurer. Results included $10.45 billion of losses from investments and derivatives, as the stock prices of many large Berkshire investments other than Apple Inc (AAPL.O) fell. Results improved despite a $2.7 billion after-tax loss from Ian, a strong Category 4 hurricane that slammed into Florida on Sept. 28.

☆ Buffett's Berkshire loses money as stocks, Hurricane Ian offset higher demand
▼ + stars: | 2022-11-05 | by ( Jonathan Stempel | ) www.reuters.com time to read: +4 min

Nov 5 (Reuters) - Warren Buffett's Berkshire Hathaway Inc (BRKa.N) on Saturday posted a $2.69 billion third-quarter loss as rising inflation, falling stock investments and a big loss from Hurricane Ian offset improvement in many of the conglomerate's businesses. It also bought back more of its own stock but was cautious, repurchasing $1.05 billion, similar to the second quarter. It also said rising costs hurt results at two of its best-known businesses, the BNSF railroad and Geico auto insurer. That helped offset a $2.7 billion after-tax loss from Ian, a strong Category 4 hurricane that slammed into Florida on Sept. 28. Net results included $10.45 billion of losses from investments and derivatives, as the stock prices of many large Berkshire investments other than Apple Inc (AAPL.O) fell.

☆ How phone scammers tricked Americans out of tens of billions of dollars in 2022
▼ + stars: | 2022-11-05 | by ( Anuz Thapa | ) www.cnbc.com time to read: +1 min

Despite the rise of sophisticated crypto frauds and ransomware plots, phone scams continue to trick Americans out of tens of billions of dollars each year. Phone scams are on the rise. Truecaller, which makes an app that blocks spam calls, estimates that nearly 70 million Americans have lost money to phone scams in 2022, and that those scammers made off with nearly $40 billion in total. Phone scams include frauds that begin with calls and text messages. Watch the video above to learn more about why phone scams remain so prevalent, how people are fighting back against them and how not to become a victim.

‘Black Panther: Wakanda Forever’Even before making its way to theaters, “Black Panther: Wakanda Forever” — the long-awaited sequel to the 2018 film starring Chadwick Boseman — has birthed some of this fall’s biggest pop culture moments, including a Rihanna song drop. “Black Panther: Wakanda Forever” opens in U.S. theaters Nov. 11. “The Inspection” opens in U.S. theaters Nov. 18. “Bones and All” opens in U.S. theaters Nov. 23. “Strange World” opens in U.S. theaters Nov. 23.

☆ Former SEC Chair Jay Clayton on U.S.-China trade relations: There will be some pullback
▼ + stars: | 2022-10-31 | 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 EmailFormer SEC Chair Jay Clayton on U.S.-China trade relations: There will be some pullbackFormer SEC Chair Jay Clayton joins CNBC's 'Squawk Box' to discuss the U.S.'s relationship with China and whether it's time for U.S. companies to scale back their operations in the country.

☆ Premarket stocks: A spooky forecast for the future of interest rates
▼ + stars: | 2022-10-31 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +8 min

New York CNN Business —When will central banks stop raising interest rates? This week, the Federal Reserve is expected to increase rates by 75 basis points for the fourth time in a row. For some time, it was thought that 2023 would bring lower interest rates and a return to dovish monetary policy. Even the Federal Reserve appears confused about when it will stop rate hikes. A possible answer: Wall Street tends to favor big events, but the future of central bank policy may be more nuanced.

☆ ‘Black Panther: Wakanda Forever’ first reactions herald ‘Marvel's most poignant and powerful film’
▼ + stars: | 2022-10-28 | by ( ) www.nbcnews.com time to read: +2 min

Disney and Marvel Studios finally unveiled Ryan Coogler’s “Black Panther: Wakanda Forever” at the film’s world premiere in Hollywood on Wednesday evening. Anticipation for “Black Panther: Wakanda Forever” has been sky high. “Black Panther” also became the first comic book movie nominated for best picture at the Oscars. The Hollywood Reporter’s Brian Davids hailed the film as “Marvel’s most poignant and powerful film to date,” praising all elements from the performances to the crafts. The Wrap’s Drew Taylor said that the film “prioritizes sentiment over spectacle” and praised Ludwig Göransson’s score as “an all timer.”“Black Panther: Wakanda Forever" opens in theaters nationwide Nov. 11.

☆ America and Saudi Arabia are locked in a bitter battle over oil. The stakes are massive
▼ + stars: | 2022-10-28 | by ( Matt Egan | ) edition.cnn.com time to read: +7 min

New York CNN Business —The relationship between the United States and Saudi Arabia is one of the most important on the planet. Biden visited Saudi Arabia over the summer and even fist-bumped Crown Prince Mohammed bin Salman. Saudi Arabia could respond to penalties from Washington with drastic steps of their own, ratcheting up the conflict further. Saudi Arabia is sitting on roughly $119 billion of US debt, according to Treasury Department data, making it the world’s 16th largest holder of Treasuries. All of this explains why a full-blown breakdown in relations between the United States and Saudi Arabia may be the last thing the fragile economy needs right now.

☆ Georgia sheriff is found guilty of violating the rights of detainees by strapping them into restraint chairs
▼ + stars: | 2022-10-27 | by ( The Associated Press | ) www.nbcnews.com time to read: +3 min

ATLANTA — A federal jury on Wednesday returned a guilty verdict on six of seven charges against a suspended Georgia sheriff accused of violating the constitutional rights of people in his custody by unnecessarily strapping them into restraint chairs. Prosecutors said Victor Hill, who was suspended as Clayton County sheriff after his indictment last year, had detainees strapped into restraint chairs for hours even though they posed no threat and complied with deputies’ instructions. The use of the chairs was unnecessary, was improperly used as punishment and caused pain and bodily injury in violation of the civil rights of seven men, prosecutors argued. Defense attorneys asserted that Hill used the restraint chair legally to maintain order at the jail and didn’t overstep his lawful authority. Their verdict — guilty of violating the civil rights of six of the seven detainees — came Wednesday afternoon, news outlets reported.

☆ NHL roundup: Phil Kessel breaks ironman mark, scores 400th goal
▼ + stars: | 2022-10-26 | by ( ) www.reuters.com time to read: +6 min

Kessel, 35, skated in his 990th consecutive NHL contest, eclipsing Keith Yandle's mark to become the league's new ironman. Colorado's Valeri Nichushkin scored a power-play goal in the first period and Logan O'Connor netted a short-handed goal in the opening minute of the third. Dominik Kubalik recorded a goal and an assist for Detroit, and Dylan Larkin scored the other goal (the first of the game). Brandon Duhaime added a goal and an assist for the Wild, who improved to 2-0-1 in the past three games. Kings 4, Lightning 2Gabriel Vilardi tallied a goal and assist for Los Angeles in a win against visiting Tampa Bay.

☆ Bono Is Still Trying to Figure Out U2 and Himself
▼ + stars: | 2022-10-24 | by ( David Marchese | ) www.nytimes.com time to read: +28 min

Mamadi Doumbouya for The New York Times Talk Bono Is Still Trying to Figure Out U2 and HimselfThere are different Bonos to different people, including the man himself. You say, “But you’re U2 — you don’t need that.” What’s interesting is that we want that. But I also wrote the book to try to figure out what was going on with U2. They sound like U2 songs. Do they sound like U2 songs?

☆ NHL roundup: Lightning topple Islanders again
▼ + stars: | 2022-10-23 | by ( ) www.reuters.com time to read: +8 min

The Lightning, who beat the host Florida Panthers 3-2 in overtime Friday, improved to 8-2 in their past 10 games against the Islanders. Devils 2, Sharks 1Yegor Sharangovich and Dawson Mercer scored second-period goals to lead New Jersey to a victory over visiting San Jose. The Blues controlled the first eight minutes of the game and scored the game's first goal on a power play. Avalanche 3, Golden Knights 2Nathan MacKinnon, Valeri Nichushkin and Evan Rodrigues scored goals, and visiting Colorado beat Vegas. He also became the first defenseman in NHL history to begin a season with a five-game goal streak.

☆ Biden admin officials consider security reviews for Elon Musk's deals: Bloomberg
▼ + stars: | 2022-10-21 | 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 EmailBiden admin officials consider security reviews for Elon Musk's deals: BloombergFormer SEC Chair Jay Clayton joins CNBC's 'Squawk Box' to discuss Elon Musk's plan to buy social media giant Twitter and a new report from Bloomberg that found the Biden administration is considering subjecting some Musk ventures to national security reviews.

LOS ANGELES, Oct 17 (Reuters) - The Los Angeles Dodgers' historically great season came to a heartbreaking end on Saturday when the title favorites crashed out of the playoffs in the Divisional Round and now face major personnel decisions this off-season. "It's hard to even think about it right now," Dodgers first baseman Freddie Freeman said after Saturday's game. Register now for FREE unlimited access to Reuters.com RegisterThe Dodgers have made 10 consecutive post-season appearances with their lone title during that stretch coming in the pandemic-shortened 2020 season. There is also the case of speedy shortstop Trea Turner, who is set to become a highly sought-after free agent this off-season. Register now for FREE unlimited access to Reuters.com RegisterReporting by Rory Carroll in Los Angeles; Editing by Ken FerrisOur Standards: The Thomson Reuters Trust Principles.

Organizers with Stop TxDOT I-45 said expanding in the area would hurt the predominantly Black and Latino communities along the stretch. Kendra London joined Stop TxDOT I-45 three years ago when she learned of the state’s plans to expand the highway. Stop TxDOT I-45 and Allendale Strong are two of more than 70 groups across the country that comprise the Freeway Fighters Network, a coalition of groups advocating for the dismantling of harmful highways and urging city leaders not to expand highways or build new ones. “We hadn’t actually stopped building new highways that still harm communities, predominantly communities of color. “We should be thinking about long-term repair,” Hood said, highlighting the Black communities affected by the highway.

CLAYTON, N.C. — One of the victims killed in a mass shooting in Raleigh, North Carolina, on Thursday night was set to be married in two weeks. Marshall, 35, was a beloved sister and aunt who was planning to marry her fiancé Rob on Oct. 29, her sister Meaghan McCrickard told NBC News on Friday. “Her fiancé Rob, he was just the love of her life,” McCrickard said. "She had called her fiancé Rob and said, 'I’m walking the dog, I’m hearing these gunshots, can you come home?' “She helped turn it into a much larger, multi-provider practice and she was the heart and soul of that office," McCrickard said.

☆ Inside the only lithium producer in the U.S., which provides critical mineral used in batteries by Tesla, EV makers
▼ + stars: | 2022-10-14 | by ( Pippa Stevens | ) www.cnbc.com time to read: +14 min

The town's mining roots are still on display, but the action has shifted to the country's largest lithium brine operation 45 minutes away. Specialty chemicals company Albemarle acquired the site in 2015 from Foot Mineral Company, and has owned it ever since. Under the International Energy Agency's most ambitious climate scenario, lithium supply will have to grow 40-fold by 2040 from today's levels. The U.S. used to be a leader in lithium production, but it's since ceded that position to foreign nations, including China. Albemarle's Silver Peak lithium plant spans 13,000 acres.

Search resuls for: "Clayton"

25 mentions found