DIRS.INFO The most relevant business & tech news

☆ The Stranger in Seattle Gets a New Owner, With Plans for Expansion
▼ + stars: | 2024-07-30 | by ( Katie Robertson | ) www.nytimes.com time to read: +1 min

For decades, many American cities had at least one thriving alternative-weekly newspaper chronicling the local art and music scene and reporting on the community. Many of those publications withered in recent years, but two of the country’s best known alt-weeklies, The Stranger in Seattle and The Portland Mercury, now have plans for expansion. Mr. Walkinshaw declined to disclose the financial details of the purchase, but he said that he was the majority shareholder. Index will keep a 20 percent stake in the company. A group of about 20 individual investors helped finance the deal, Mr. Walkinshaw said.

Persons: Brady Walkinshaw, Walkinshaw Organizations: The Portland Mercury, Democratic, Portland Mercury, Index Newspapers Locations: Seattle, Washington State

☆ A Digital Coin Based on Baby Trump? Yup.
▼ + stars: | 2024-07-27 | by ( David Yaffe-Bellany | ) www.nytimes.com time to read: +1 min

The dog was cute, he thought, but more important, its name evoked something every crypto trader covets — billionaire status. “I started hearing people say ‘Billy’ to a billy,” Mr. Bailey said. “Kind of has that ring to it.”Mr. Bailey bought about $900 of $BILLY on Pump.fun, a leading vendor for memecoins, volatile cryptocurrencies based on the fluctuating popularity of internet memes. Many of the tokens have names like Bread (yes, the meme is a loaf of bread) or Baby Trump (the former president in a diaper). One of the most popular memecoins is based on Pepe the Frog, an alt-right mascot that is sometimes used as a hate symbol.

Persons: Josh Bailey, Billy, covets, “, Billy ’, billy, ” Mr, Bailey, Mr, BILLY, Pump.fun, Baby Trump, Pepe Locations: Austin , Texas

☆ Opinion | ‘Black Pill’ and the Dark Anarchy of Our Political Moment
▼ + stars: | 2024-07-17 | by ( Jessica Grose | ) www.nytimes.com time to read: +2 min

I found out during a live comedy show that the former president had been shot at. The second comic confirmed what the first one said, and joked that if this had happened in another era, they probably would have canceled the show. But at this point we’re all so primed for political chaos and inured to news of fresh violence that the audience — including me — barely reacted. From the right, that it was the result of a deep-state plot. As Becca Rothfeld put it in a review of “Black Pill” for The Washington Post, “The flotsam of the internet is childish, ridiculous and, consequently, easy to underestimate.

Persons: Donald Trump, —, Corey Comperatore, David Dutch, James Copenhaver, Elle Reeve, ”, Becca Rothfeld, ” Reeve, Trump, Elliott Kline Organizations: Poison Society, The Washington Post Locations: Charlottesville, Va

☆ Opinion: This film is chilling reminder of how ‘not sorry’ Louis C.K. is
▼ + stars: | 2024-07-12 | by ( Opinion Sara Stewart | ) edition.cnn.com time to read: +8 min

CNN —“Sorry/Not Sorry,” in theaters Friday, revisits the 2017 comedy-world firestorm involving five women’s accounts of sexual misconduct by comedian Louis C.K. only to be shut down; and Abby Schachner, a comic and writer who went public with her account of C.K. Then it was followed by C.K.’s Grammy-winning 2022 album “Sincerely Louis C.K.,” in which he joked about the behavior as a sexual hangup rather than abuse. “There are dozens of Russell Brands,” was the headline of one Guardian piece on female comics. I want a world where female comics have a workplace where they feel they’ll be supported — and, more importantly, employed — if they speak out about abuse.

Persons: Sara Stewart, CNN —, Louis C.K, ” Sara Stewart Todd Thompson, Caroline Suh, Cara Mones, Jen Kirkman, Megan Koester, Abby Schachner, Rolling, Suh, C.K, ’, it’s, Tig Notaro, Timm Sharp, Stephanie Allyne, Notaro, she’d, haven’t, they’re, …, Dave Chappelle, Olivia Cathcart, Maria Bamford, Bamford, Russell Brand, Brand, ” Organizations: CNN, New York Times, C.K, Toronto, Hollywood, New York, Paste Magazine, Russell Brands Locations: Pennsylvania, Mississippi

☆ How thousands of Americans got caught in fintech’s false promise and lost access to bank accounts
▼ + stars: | 2024-07-02 | by ( Hugh Son | ) www.cnbc.com time to read: +10 min

Craft had her wages deposited directly into a Yotta account and used the startup's debit card to pay for all her expenses. CNBC reached out to fintech customers whose lives have been upended by the Synapse debacle. Instead of spending years and millions of dollars trying to acquire or become banks, startups got quick access to essential services they needed to offer. They account for 60% of all new fintech account openings, according to data provider Curinos. The FDIC's exact language about whether fintech customers are eligible for coverage: "The short answer is: it depends."

Persons: Natasha Craft, Craft, fintech, Adam Moelis, Sankaet Pathak, Michele Alt, Scott Sanborn, Sanborn, LendingClub, she's, Rick Davies, Taylor Stitch, " Davies, He's, he's, Davies, hasn't Organizations: FedEx, CNBC, Federal Deposit Insurance Corp, Synapse, Indiana FedEx, Disney, Bank, Trust, JPMorgan Chase, Klaros, PayPal, Getty, Financial Technology Association, D.C, Block, Regulators, Federal Reserve, FDIC, Oakland, San, OCC Locations: Mishawaka , Indiana, Craft, Oakland , California, New York City, Santa Barbara , California, Maryland, Bristol , Connecticut, Seattle, Tennessee, Yotta, Boston, Washington, fintechs, Silicon, San Francisco

☆ Kinky Friedman, Musician and Humorist Who Slew Sacred Cows, Dies at 79
▼ + stars: | 2024-06-27 | by ( Clay Risen | ) www.nytimes.com time to read: +1 min

Kinky Friedman, a singer, songwriter, humorist and sometime politician who with his band, the Texas Jewboys, developed an ardent following among alt-country music fans with songs like “They Ain’t Makin' Jews Like Jesus Anymore” — and whose biting cultural commentary earned him comparisons with Will Rogers and Mark Twain — died on Thursday at his ranch near Austin, Texas. The writer Larry Sloman, a close friend, said the cause was complications of Parkinson’s disease. Mr. Friedman occupied a singular spot on the fringes of American popular culture, alongside acts like Jello Biafra, the Dead Milkmen and Mojo Nixon. He leered back at the mainstream with songs that blended vaudeville, outlaw country and hokum, a bawdy style of novelty music typified by tracks like “Asshole From El Paso” and “We Reserve the Right to Refuse Service to You.”With a thick mustache, sideburns, a Honduran cigar and a broad-brimmed cowboy hat, he played his own version of Texas-inflected country music, poking provocative fun at Jewish culture, American politics and a wide range of sacred cows, including feminism — the National Organization for Women once gave him a “Male Chauvinist Pig Award.”

Persons: Kinky Friedman, Makin, Will Rogers, Mark Twain —, Larry Sloman, Friedman, Biafra, Mojo Nixon, —, ” Organizations: Service, National Organization for Women Locations: Texas, Austin , Texas, Paso, Honduran

And they were everywhere, although, naturally, New York City was a magnet, as it has always been for L.G.B.T.Q.+ people looking for a place in which they can be themselves. New York City was where you lost your soul, and we wanted to be closer to the earth. I wore an eight-and-a-half-foot-tall Statue of Liberty costume to the Easter Parade in New York City, and Kirsten came along with me. By the time I turned 30, I’d been telling people I was older for years, because I’m not the type to bemoan the loss of my youth. Going to New York felt like this moment of emerging to a wider audience, and then I started to travel a lot.

Persons: André De Shields, Lady Bunny, Michael R, Jackson, Juliana Huxtable, Wong, J.D, Samson, Pat Oleszko, it’s, —, John Rechy, ”, Danez Smith, Trump, he’d, “, Jenna Lyons, Avram Finkelstein, Joe Mantello, …, Catherine Opie, you’re, Willie Norris, “ I’d, It’s, you’ve, ” — Mark Harris Read, De Shields, Justin French, Chuck Ashley, Anthony Cotsifas, William F, Robert O’Hara’s, Hermes, — Max Berlinger Jenna Lyons, Antonio Lopez, Jenna Lyons’s, Grace Jones ”, Juan Ramos, Antonio Lopez’s, Grace Jones, Tina Chow, Marisa Berenson, Pam Anderson, That’s, — Jason Chen Jayne County, Jayne County, Gus Stewart, Billy Idol, Wayne County, — M.B, Bill T, Jones, Arnie, Arnie Zane, Zane, Keith Haring, Lois Greenfield, Jack Mitchell, Peggy Jarrell Kaplan, Gertrude Stein, Alice B, we’d, Bill, Arnie ”, I’m, — Juan, Norris, Yael Malka, Tomas Abad, West, Black, I’d, — Colleen Hamilton B.D, New York’s Eugene, . Wong, David Henry Hwang’s, Richie, wasn’t, Wayne Barker, — John Wogan Edmund White, Edmund White, Horatio, Leonard Fink’s “, Barbara Confino, Leonard Fink, Joseph Rodriguez, Bleecker, You’d, Gosh, Michael Snyder Pat Oleszko, Chichi, Kirsten, who’d, she’d, — C.H, Brian Michael Smith, Gay, Smith, Kiki Ball, Josue Infante, Skyler Cruz, Jamison, — J.A.R, Agnes Denes’s “, Don Yowell, Finkelstein, Agnes Denes, Leslie Tonkonow, Don, Agnes Denes’s, JD Samson, Sia, Mark Hunter, Anthony Cotsifas I’d, Johanna Fateman, Tigre, Michael O’Neill, Obama, might’ve, — Kate Guadagnino Kristen Kish, Kish, Suzanne Kreiter, David Moir, Bravo, isn’t, — J.W, Stephen Spinella, Mantello, Joan Marcus, Photofest, Tony Kushner’s, Louis Ironson, Milton Glaser, he’s, David, Marshall Grant, Joe Pitt, Walter, Awards, Stephen, ” —, Freedia, Devon Hurst, Sissy Nobby, Barack Obama’s, Lyle Ashton Harris, Big, Bounce, ” — M.B, Thom Browne, Browne, Los Angeles’s Chateau Marmont, Malcolm Venville, Paul Fortune, Michèle Lamy —, — J.C, Catherine Opie’s “, Opie, Ian, Lehmann Maupin, Eileen Myles, Jenny Shimizu, I’ve, Nicole Acheampong Danez Smith, Juan Cordero, ” Womp, They’d, hookups, Who’s, We’ve, You’re, J.A.R, Linda Simpson, India, Little Louie Vega, who’s, — K.G, Alexander Chee, Alexander Chee’s, Marguerite Duras’s “, Jeongneung, King Jungjong, Eric McNatt, Chris Chee, — M.S, Sam Jay, Jay, Jonah, Kumail ”, hadn’t, K.G, Phillip Lim, Lim, Tourmaline, Sylvia Rivera, Luce Capco Lincoln, York’s, We’d, Marsha P, John Cameron Mitchell, Larry Kramer, Mitchell’s, Mitchell, Martha Swope, Billy Rose, Mark Tusk, ” Kramer’s, Larry, Ned Weeks, Ned, “ Hedwig, J.W, Joerg Lohse, Reena, there’s, Matt Bomer, Bomer, Simon Halls, Neal Caffrey, Tony Kushner, Terrence McNally —, — I’d, Hollywood, Wu Tsang, Neil Rasmus, Wildness, ’, Wildness ”, Roxane Gay, Mueller, Brandon Williams, Donna Gottschalk, Donna Gottschalk’s “, Duchess, Galerie Marcelle Alix, goddamn, Coco Romack Michael R, Aaron Kinney, Nova, “ I’m, Bob Damron’s, Sgt, Shirley, Waldorf, Harold’s, Jean ] Genet, Marcel, Proust Organizations: Pride, Stonewall, West, America’s, ACT UP, San, Playwrights Horizons, Odeon, New York’s TriBeCa, Electric, Getty, Police, Billy, New York Live Arts, Keith Haring Foundation, BAM Hamm, Liberation, Brooklyn Liberation, Brooklyn Museum, Fort, New York’s, New York’s Eugene O’Neill Theatre, Broadway, Equity, LGBT Community Center, Fulbright, Mudd, New, Bisexual, Transgender Community, Center, Transgender Community Center, “, Maxwell, Museum School, Farmers, Seattle, Boston Globe, Travel, New York Times, Rancho Mirage, Gay, Caesar’s, FEMA, Yale, York’s Webster Hall, Masters, Records, Pyramid, Work, ACT, Carpenters, Seymour, Edinburgh, Atlanta —, Ninja, Huntington, New York, Lesbian, Equal, Billy Rose Theatre Division, The New York Public Library, The New York Times, USA, Children’s Hospital of Los, MoMA, Whitney Biennial, University of Nebraska, Alamy, HarperCollins, of Engineering, Google, Division, Astor, Tilden Foundations, Pershing, University of Southern, Pershing Square Locations: New York, Berlin, “, America, San Francisco, Baltimore, New York’s, New York City, California, Atlanta, Europe, Wayne County, Dortmund, Germany, London, Amsterdam, Rotterdam, Rockland County, N.Y, ’, I’m, Brooklyn, West Dakota, Fort Greene, New, Leonard Fink’s “ Bars, Street, Rome, —, Aspen, Colo, Copenhagen, Danish, Peru, Los Angeles, Agnes Denes’s “ Wheatfield, Downtown Manhattan, North Moore, TriBeCa, Hoboken, N.J, Lower Manhattan, Manhattan, Boston, Williamsburg , Brooklyn, Vinnie’s, Bedford, Austin , Texas, Copley, Menton, Asian American, York, New Orleans, Houston, Los Angeles’s, L.A, Hong Kong, Seoul, Casa, Koreatown, Minneapolis, Grindr, East, India, Wigstock, Tompkins, Vershire, Chee, Iowa, Huntington Beach, Chelsea, Barneys, Madison, Miami, New York State, Washington, The, LA, Silver Lake, Missouri, Children’s Hospital of Los Angeles, Zurich, Central, American, Westlake, Los Angeles and New York, Lincoln, Alphabet City , New York, Lenox, United States, University of Southern California, Downtown Los Angeles

☆ Fact checking the CNN presidential debate
▼ + stars: | 2024-06-27 | by ( Cnn Staff | ) edition.cnn.com time to read: +69 min

CNN —President Joe Biden and former President Donald Trump faced off during CNN’s presidential debate in Atlanta Thursday night. From CNN’s Daniel DaleFormer President Donald Trump and President Joe Biden debate at CNN's Atlanta studios on June 27, 2024. From CNN’s Daniel Dale and Ella NilsenFormer President Donald Trump, left, and President Joe Biden take part in the CNN presidential debate on Thursday, June 27. From CNN’s Alicia WallaceFormer President Donald Trump and President Joe Biden debate at CNN's Atlanta studios on June 27, 2024. Kpler found that China imported about 511,000 barrels per day of Iranian crude in December 2020, Trump’s last full month in office.

Persons: Joe Biden, Donald Trump, Biden, Trump “, “, ” Trump, ”, Trump, ” John Kelly, servicemembers, Kelly, Jim Sciutto, Daniel Dale, Kaanita Iyer, Roe, Wade, That’s, Wade ”, Kimberly Mutcherson, “ Donald Trump’s, Maya Manian, Trump’s, Mary Ziegler, Davis, Ziegler, Ruth Bader Ginsburg, Roe should’ve, ’, Will Lanzoni, ” Biden, corpsman —, Hamid Karzai, CNN’s Haley Britzky, didn’t, Priscilla Alvarez, George Floyd, Tim Walz, Walz, Paul –, CNN’s Holmes Lybrand, Daniel Dale FACT, European Union won’t, Ella Nilsen, Jill Biden, Jake Tapper, Dana Bash, Adam Rose, CNN US Sen, Marco Rubio, CNN Trump, Austin Steele, CNN Biden, Tristen Rouse, CNN Tapper, Robert F, Kennedy Jr, Kennedy, CNN MJ Lee, Mandel Ngan, Megan Varner, Reuters Kennedy, Burk Stringfellow, Iran “, Mike Pompeo, ” Pompeo, Tami Luhby Trump, CNN’s KFILE, weren’t, Hillary Clinton, affirmatively, it’s, what’s, –, Alicia Wallace, Obama, CNN’s Ella Nilsen, you’re, Biden’s, Hunter Biden, Joe Biden’s, Viktor Shokin, Shokin, CNN’s Marshall Cohen, “ It’s, Rick Muskat, CNN.So, Morgan, Katie Lobosco, Alvin Bragg’s, Bragg, Jack Smith, Smith, General Merrick Garland, Garland, Matthew Colangelo, Colangelo, I’ve, there’s, Iran haven’t, ” Matt Smith, Ali Vaez, Kpler, Gary Engelhardt, Jason Richwine, ” Richwine, Tami Luhby, Confederate, Robert E, Lee, marchthat, “ I’m, Elle Reeve, Ralph Northam, Jen Christensen, ” Trump’s, Ronald Reagan’s, Barack Obama, George W, ‘, ’ ” Trump, CNN’s Jen Christensen, Pelosi, Nancy Pelosi, “ Nancy Pelosi, …, Alexandra Pelosi, Aaron Bennett, Cherry, Christopher Miller, Miller, Charis Kubrin, CNN’s Catherine Shoichet, ” Kubrin’s, Graham Ousey, College of William & Mary, Erwan, George Washington, Marshall Cohen, ” Howard Gleckman, Gleckman, Emmanuel Saez, Gabriel Zucman “, Howard Gleckman, ” Gleckman Organizations: CNN, Trump, Homeland Security, SSRS, Marquette Law School, NBC, Gallup, ” Rutgers Law, American University, university’s Health, University of California, Atlanta, US Navy, Border Patrol, Border Patrol Council, National Guard, Minneapolis Former, Minnesota Democratic Gov, Minnesota National Guard, Guard, EU, European Union, US, European Automobile Manufacturers ’ Association, CNN US, Biden, House, CNN Biden's, CNN Biden, White House, Getty, Reuters, State, Medicare, Black, of Labor Statistics, Republican, Burisma Holdings, International Monetary Fund, Republicans, House Republicans, US International Trade Commission, US Customs, Deer Stags, Peterson Institute for International Economics, Justice Department, DOJ, DC, federal, Department, Democrat, Americas, Crisis, Social Security, Social, General Internal Medicine, “, Syracuse University, Center for Immigration Studies, Electoral, White, Nazi, US Centers for Disease Control, Former Virginia Gov, United, China Former, China, Hamas, ISIS, Trump’s, Democratic, Congressional, Capitol, Colorado Supreme Court, US Food, Guttmacher Institute, California Democrat, Capitol Police Board, Senate, District of Columbia National Guard, College of William &, NATO, Atlantic Treaty Organization, George Washington University’s Elliott School of International Affairs, Transatlantic, Urban, Brookings Tax, Urban Institute, ”, Tax, Center Locations: Atlanta, France, Afghanistan, Kabul, Jordan, Iran, Somalia, Yemen, Yakushima Island, Japan, Minneapolis, Portland, Minnesota , Minneapolis, St, EU, Georgia, CNN's, Washington ,, AFP, Lebanon, Israel, what’s, Paris, China, India, Russia, United States, Ukrainian, Ukraine, lockstep, American, Manhattan, New York , Georgia, Florida, Washington, New York, York’s, Mexico, Kpler, Malaysia, Charlottesville, Charlottesville , Virginia, White, Virginia, Northam, East, “, New York City, Saudi, al Qaeda, Texas, Colorado, California, Trump, Irvine, Germany, Berkeley

☆ Bitcoin bounces above $61,000, Solana leads cryptocurrencies higher
▼ + stars: | 2024-06-25 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +1 min

Cryptocurrencies rose broadly, a day after bitcoin slumped to under $60,000 for the first time since early May, leading to a broad sell-off in crypto assets. Solana was the crypto market leader on Tuesday, however. The token tied to Chainlink, which provides data feeds on the Solana network, gained 7%. Ether gained 2% and coins linked to other Ethereum rivals rose broadly. Cardano's ADA jumped more than 6%, Polkadot advanced 5% and Binance Coin rose 3%.

Persons: bitcoin, Noelle Acheson, Solana, Ben Kurland Organizations: Metrics, Nvidia, Nasdaq, Solana Foundation, ADA, Polkadot Locations: Solana

As the festival draws near, there are still a few avenues for how to buy HARD Summer Musical Festival 2024 tickets. We've got you covered if you're looking for how to get tickets for HARD Summer Music Festival 2024. Hard Summer Music Festival 2024 scheduleThere are three general ticket options for the 2024 HARD Summer Music Festival. How much are Hard Summer Music Festival tickets? The festival website also offers tickets for shuttles to the 2024 HARD Summer Music Festival, with prices for this feature beginning at $62.05.

Persons: Nelly Furtado, Fisher, Chris Lake, We've, Jamie XX, Seth Troxler, Chris Stussy, Hamdi, San, Chloé Caillet, Trucco, Carola, Cole Knight, Bianca, Hayes Bradley, Nazaar, Major Lazer, Sofi, Kenny Beats, Eli Brown, Dillon Francis, Matroda, DJ Heartstring, Kerri Chandler, Juelz, Beltran, Levity, SOSA, DJ Susan, ALLEYCVT, Camden Cox, Gudfella, Mary Droppinz Organizations: Business, Hollywood, Subtronics, Beltran B2B Locations: Angeles, Los Angeles, CA, Lake Hills, Panteros666

☆ A new Netflix docuseries unravels what it calls a ‘cult’ for TikTok dancers
▼ + stars: | 2024-05-28 | by ( Jacqui Palumbo | ) edition.cnn.com time to read: +11 min

CNN —Over two years ago, a 40-minute-long public plea made on Instagram Live rippled across social media. Melanie and Miranda had performed together as the Wilking Sisters, but the family said Derrick had disappeared from their lives. Until then, it’s unlikely that Derrick’s millions of followers would have noticed anything amiss, based on her social media accounts. Melanie Wilking and Miranda Derrick (formerly Wilking) built up a following together on social media platforms including YouTube and TikTok as the Wilking Sisters. They have maintained through social media posts that Miranda's issues with her family are a personal dispute.

Persons: Melanie Wilking, Miranda —, Miranda Derrick —, Melanie, Miranda, Derrick, James Derrick, Ellen DeGeneres, Miranda Derrick, James " BDash, Robert Shinn —, Kevin “ Konkrete ” Davis, BDash, Aubrey Fisher, Kylie Douglas, Davis, Fisher, Douglas, Instagram, Shinn, —, Isaiah Shinn, ”, Hannah, “, Derek Doneen, we’d, Priscylla Lee, Priscylla, Leigh, Melanie Lee, Jessica Acevedo, — Priscylla, Lee, ” BDash, it’s, Robert, Hannah Shinn, James, Matt Winkelmeyer, ” Shinn “, ” Doneen, you’re, God ”, Amy Carlson, Max, God, LHW, Jane Schoenbrun, Caleb Organizations: CNN, YouTube, Netflix, 7M Films, 7M, Internet, Shekinah Church, The Recording, Warner Bros ., Blair, The New York Times Locations: Los Angeles, TikTok, Shekinah, Korean

☆ Here are JPMorgan's top clean energy picks for the rest of 2024
▼ + stars: | 2024-05-24 | by ( Spencer Kimball | ) www.cnbc.com time to read: +4 min

JPMorgan's top picks for the rest of the year are two smaller, lesser known companies — Hannon Armstrong Sustainable Infrastructure and TPI Composites . Hannon Armstrong finances renewable projects and TPI builds blades for wind turbines. The investment bank has $39 price target for Hannon Armstrong, implying 21% upside from Thursday's close of $32.13. When long-term Treasury rates are higher than short-term rates, Hannon Armstrong can book projects at the higher rate but finance them at the lower rate. Nextracker's price target remains at $63, suggesting 23% upside from the last closing price of $51.32.

Persons: JPMorgan's, — Hannon Armstrong, Hannon Armstrong, TPI, Mark Strouse, Strouse Organizations: U.S, JPMorgan, — Hannon Armstrong Sustainable Infrastructure, TPI Composites

☆ Corporate America is going through a middle-management meltdown
▼ + stars: | 2024-05-23 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

Middle managers are becoming an endangered species in Corporate America, with some companies viewing the role as obsolete , writes Business Insider's Lindsay Dodgson. Remote work, tech efficiencies, and a general push to cut costs have contributed to middle managers' demise. It's a strategy Corporate America, particularly Big Tech, deployed in 2023. The "year of efficiency," as Mark Zuckerberg dubbed it, was all about flattening organizations, and middle managers were the ones getting squished . The death of middle managers could also fuel the current dismantling of another cohort: the middle class .

Persons: —, Brooks Kraft, Insider's Lindsay Dodgson, millennials, Gen Zers haven't, Robyn Phelps, they're, Mark Zuckerberg, Gen, Jeffrey Gundlach, we're, Blackstone, Abanti Chowdhury, Jensen Huang, Hopper, Blackwell, Lilit, Tyler Le, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Service, Business, Brooks Kraft LLC, Getty, America, Big Tech, Citi, Street Journal, KKR, Meta, Google, Nvidia, Paragon Intel, National Association of Realtors, FAA Locations: Corporate America, millennials, New York, London

☆ Stocks making the biggest moves midday: Target, Urban Outfitters, Tesla, Shopify and more
▼ + stars: | 2024-05-22 | by ( Brian Evans | ) www.cnbc.com time to read: +3 min

Urban Outfitters — The clothing retailer slid 4.6% despite posting a fiscal first-quarter beat, after trading higher before Tuesday's opening bell. Urban Outfitters reported adjusted earnings of 69 cents per share, higher than the 52 cents per share analysts polled by LSEG had expected. First Solar — Shares surged more than 18% in midday trading. Other alt energy stocks also surged, in part owing to enthusiasm that AI will lift power demand. Bloom Energy surged 18%; Sunnova Energy added 14%; and Enphase Energy , Fluence Energy and Sunrun were all up 10%.

Persons: Goldman Sachs, LSEG, —, Alex Harring, Lisa Kailai Han, Jeff Greenberg Organizations: Goldman, Urban Outfitters, Garmin, Bank of America, —, Toll, Citi, Tesla, Elon, Bloomberg, UBS, Bloom Energy, Sunnova Energy, Enphase Energy, Fluence Energy, Sonoma, Universal, Getty Locations: Massachusetts, Europe, FactSet, Miami Beach , Florida

☆ A new CEO rating is putting a number on the effectiveness of people running the largest companies in the world
▼ + stars: | 2024-05-22 | by ( Bradley Saacks | ) www.businessinsider.com time to read: +1 min

Paragon Intel, an alt data company founded in 2017, is rolling out its executive rating Thursday. The ratings will show how executives fit into their firms and whether they will drive stock gains. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementParagon Intel's flagship product — a database on executive performance known as ManagementTrack — had been ranking executives but not rating them. The ratings — which will roll out to the firm's hedge-fund clients Thursday — are a much more nuanced and predictive look at executive performance, Howard said.

Persons: —, Colby Howard, Howard Organizations: Paragon Intel, Service, Paragon, Business Locations: Canada, Europe

☆ These ETFs promise investors downside protection — at a cost
▼ + stars: | 2024-05-08 | by ( Michelle Fox | ) www.cnbc.com time to read: +7 min

Investors looking for protection against market downside are turning toward buffer exchange-traded funds, also known as defined-outcome ETFs. Buffer ETFs have exploded in popularity in recent years, although they are still a small slice over the overall industry. How buffer ETFs work Managers use a set of equity options when building a fund. Recently, Calamos announced a new product line of 12 ETFs that offers 100% downside protection. The first in the line, Calamos S & P 500 Structured Alt Protection ETF (CPSM) , began trading May 1.

Persons: Lan Anh Tran, Morningstar, Tran, Todd Sohn, Strategas, Sohn, Calamos, Russell, Matt Kaufman, Kaufman, Morningstar's Tran, HELO 1Y, It's Organizations: Morningstar, Strategas Securities, Capital Management, Equity, PGIM, Allianz, BlackRock, Treasury, Trust, JPMorgan Hedged Equity, JPMorgan Locations: BlackRock

☆ New Calamos ETF promises ‘100% downside protection.’ Here's how it works
▼ + stars: | 2024-04-30 | by ( Josephine Rozzelle | ) www.cnbc.com time to read: +1 min

A new ETF designed to shield investors from the risk of market volatility starts trading on Wednesday. The Calamos S&P 500 Structured Alt Protection ETF (CPSM) promises to deliver investors "100% downside protection" against the index's losses over a one-year outcome period, according the firm's news release. Investors in the fund are subject to limits on the extent to which they can capture gains tied to the S&P 500 . It's a fully funded options package that delivers the upside of the S&P 500 to a cap with 100% capital protection over a 365-day outcome period," he said. "Then at the end of that year, the options reset, stay in the ETF and keep on going."

Persons: Calamos, Matt Kaufman, CNBC's, Kaufman, It's

☆ A new ETF offers investors '100% downside protection' on the stock market. The catch is that it also limits upside.
▼ + stars: | 2024-04-29 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

A new ETF is designed to offer investors "100% downside protection" to the stock market. The Calamos S&P 500 Structured Alt Protection ETF will launch on Wednesday under the ticker symbol "CPSM". AdvertisementA new ETF promises to offer investors "100% downside protection" to the stock market, but it comes with a few caveats. The catch is that it also limits investors' upside gains to the S&P 500 at a range of 9.20% to 9.65%. The other catch is that for investors to secure the 100% downside protection, they must buy the ETF on its first day of issuance.

Persons: —, Matt Kaufman, Kaufman, Russell Organizations: Service, CNBC, Nasdaq

☆ Gold near record high on growing geopolitical concerns
▼ + stars: | 2024-04-16 | by ( ) www.cnbc.com time to read: +2 min

Gold prices ticked up, hovering near record-high levels, as fears of escalating tensions in the Middle East drove investors towards the safe-haven metal. Gold prices ticked up on Tuesday, not too far away from a record high hit last week, as concerns about rising geopolitical tensions between Iran and Israel propped up demand for the safe-haven metal. Spot gold was up 0.2% at $2,387.11 per ounce, as of 0355 GMT, after hitting an all-time high of $2,431.29 on Friday. Gold rose 1.6% in the previous session despite data showing U.S. retail sales increased more than expected in March. Citi projected gold prices to trade at $3,000 per ounce over the next 6-18 months.

Persons: Matt Simpson Organizations: East, City Index, U.S ., Citi Locations: Iran, Israel, U.S, India, China

☆ Here are Tuesday's biggest analyst calls: Apple, Tesla, Nvidia, Kroger, GM, Super Micro Computer, Rivian, Reddit & more
▼ + stars: | 2024-04-16 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

"We downgrade HON to Hold as we only see 10% upside to our new, lower $215 price target." Goldman Sachs initiates GE Vernova as buy Goldman said it's bullish on the company's electrification opportunity. " Goldman Sachs initiates DraftKings as buy Goldman said the sports betting company is a "revenue compounder." "We initiate coverage on Genius Sports Ltd. (GENI) with a Buy rating and a 12-month price target of $7.50 (40% upside)." Argus upgrades Goldman Sachs to buy from neutral Argus upgraded Goldman Sachs following its earnings report on Monday.

Persons: Evercore, Reddit, JPMorgan, Tesla, Goldman Sachs, Goldman, it's bullish, Wells, Needham, Morgan Stanley, it's, AUNA, William Blair, Cantor Fitzgerald, Klaviyo, Cantor, SYNNEX, Baird, Guggenheim Organizations: Evercore, Nvidia, UBS, Deutsche Bank downgrades Honeywell, Deutsche, Bank of America, of America, JPMorgan, Citi, Coty Citi, COTY, GE Vernova, Genius Sports Ltd, HSBC, Devices, AMD, KR, Apple, Barclays, Tyson, TSN, Emerging Athletic Brands, Crown Holdings, Argus, Goldman, Netflix, Guggenheim, NASDAQ, Deutsche Bank, General Motors, GM

☆ Former Third Point data chief Matt Ober's side hustle is solving one of the data industry's biggest headaches — and growing rapidly
▼ + stars: | 2024-04-16 | by ( Bradley Saacks | ) www.businessinsider.com time to read: +4 min

"There's a lot going on in the space," said Judy Kimball, a senior director of investor marketing at Yipit. Initial Data Offering launched last December, and its user base has grown rapidly, according to Ober. The site is simple — it's a place where data vendors can share new products, and data buyers can get in touch with sellers on items that interest them. Now, his side hustle is growing faster than he could have imagined, and he hopes to expand beyond the typical hedge fund crowd. Because this isn't Ober's day job, the build-out can be less about revenue and more about growing the community.

Persons: Carlyle, aren't, Judy Kimball, It's, Lowenstein Sandler, Matt Ober, Ober, Kimball, Yipit Organizations: Business, IDO Locations: San Diego, Ober

☆ Opinion | Trump Courts the Chaos He Promises to Tame
▼ + stars: | 2024-04-16 | by ( Katherine Miller | ) www.nytimes.com time to read: +1 min

On Saturday night, while Iran fired drones and missiles into Israel, Donald Trump talked a lot about chaos. “What’s going on with the world?” Mr. Trump said while telling a story onstage. Russia, Ukraine, Israel; the Middle East is blowing up. China’s going to be next with Taiwan; because of weakness, China’s going to be next. Sometimes, with the way Mr. Trump talks, he can subtly lock more and more people into his inability to process his 2020 defeat.

Persons: Donald Trump, “ What’s, Trump, “, What’s, Frank Sinatra’s “, Elvis Presley’s, Israel, hadn’t Locations: Iran, Israel, Russia, Ukraine, Taiwan, Allentown, Pa, Afghanistan

☆ Opinion | What Are the Stakes of ‘Civil War,’ Really?
▼ + stars: | 2024-04-13 | by ( Jamelle Bouie | ) www.nytimes.com time to read: +2 min

How, precisely, did the country come to war in the world of the movie? And you could see it getting magnified.”I saw “Civil War” a few weeks ago at a screening in Charlottesville. Garland and his collaborators make no attempt to explain the war. They make no attempt to explain the politics of the war. They make no attempt to explain anything about the world of the film.

Persons: Alex Garland, Garland, ”, “, — Organizations: New, Army, Western Forces, Florida Alliance, Loyalist, ” Locations: United States, Pacific Northwest, Texas, California, Charlottesville

☆ ‘The People’s Joker’ and the Perils of Playing With a Studio’s Copyright
▼ + stars: | 2024-04-01 | by ( Eric Grode | ) www.nytimes.com time to read: +1 min

Vera Drew never received a cease-and-desist letter. She would like to be very clear on that point. Unless, that is, a filmmaker receives a letter from Warner Bros. “This letter was actually kind of complimentary, but it expressed their concern that the film infringed on their brand,” Drew said. I was like, ‘No, I got a passport for this!

Persons: Vera Drew, Drew, Megan Amram, Tim, Eric, Sacha Baron Cohen, “, Al Yankovic, ” Drew, ’ Organizations: Toronto, Warner Bros Locations: Los Angeles

☆ Beyoncé is opening the door for these Black country artists
▼ + stars: | 2024-04-01 | by ( Lisa Respers France | ) edition.cnn.com time to read: +8 min

CNN —Beyoncé has some people excited about country music. But they aren’t the only ones whose careers could benefit from Queen Bey’s entrance into country music. Andrew Nelles /The Tennessean/USA Today NetworkRVSHVD (pronounced Ra-shad) is another Georgia native who is making his way in the country music industry. Apple TV+Ashlie Amber may not have won a TV competition meant to open doors for underrepresented country artists, but she’s definitely winning fans. Jason Kempin/Getty ImagesTwins Derek Campbell and Brandon Campbell are fighting for inclusivity in country music in more ways than one.

Persons: CNN — Beyoncé, Cowboy Carter, Beyoncé, can’t, Dolly Parton’s, Jolene, ”, Tanner Adell, Willie Jones, Tiera Kennedy, Linda Martell, Reyna Roberts, Brittney Spencer, Derek White, Kelly Clarkson, Shania Twain, Twain, “, ” Twain, ” Kylan Boykin, we’re, Nytere Boykin, Carter ”, ” Nytere Boykin, RVSHVD RVSHVD, Andrew Nelles, Clint Rashad Johnson, Keith Urban’s, — Marvin Gaye, Luther Vandross, Luke Bryan, Darius Rucker, Angel Rewis, Johnson, She’s, Amber Ashlie Amber, Amber, she’s, Reese Witherspoon, Kacey Musgraves, Jimmie Allen, Mickey Guyton, Orville Peck, ” Micaela Kleinsmith, ” Amber, “ Beyoncé, Derek Campbell, Brandon Campbell, Jason Kempin, we’ve, ” Derek Campbell, WSMV4, Hart, Trea Swindle, Danica Hart, Devynn Hart, Chapel Hart, Evan Agostini, “ Jolene, –, Danica, Trea, America’s, ” Parton, “ We’re Organizations: CNN, The Recording, CMT, USA, Billboard, Florida Georgia Line, Apple, The Kentucky Gentlemen, Winery, Getty, inclusivity, ”, Rolling Stone, Chapel, Channel, Nashville Locations: Atlanta, Nashville, Georgia, Florida, Nashville , Tennessee, Kentucky, Winery Nashville, Versailles , Kentucky, America, Austin , Texas, Mississippi, Louisiana

Search resuls for: "Alt"

25 mentions found