DIRS.INFO The most relevant business & tech news

☆ TSMC does not expect direct production impact from China's metal export curbs
▼ + stars: | 2023-07-06 | by ( ) www.reuters.com time to read: +2 min

TAIPEI, July 6 (Reuters) - Taiwan's TSMC (2330.TW), the world's largest contract chipmaker, said on Thursday it does not expect any direct impact on its production from China's decision to restrict exports of two metals widely used in semiconductors and electric vehicles. That followed the U.S. decision to impose export restrictions to curb China's access to key technologies used for artificial intelligence. "After evaluation, we do not expect the export restrictions on raw materials gallium and germanium will have any direct impact on TSMC's production," Taiwan Semiconductor Manufacturing Co said in an emailed statement. China's restrictions will have a very limited impact on the company's short-term procurement and wafer production and delivery, WIN added. Visual Photonics Epitaxy said it had noticed little effect so far from China's export restrictions.

Persons: TSMC, chipmaker, Janet Yellen's, Yellen, Liao Chien, Ben Blanchard, Roger Tung, Tom Hogue, Jamie Freed Organizations: Apple, Nvidia, Taiwan Semiconductor Manufacturing, Treasury, Capital Securities Corp, WIN Semiconductors, Reuters, WIN, Visual Photonics, Photonics, Thomson Locations: TAIPEI, Beijing, U.S, Taiwan, Taipei, China, Germany, Japan

☆ Cameron Norrie is Going to Wimbledon. Great Expectations Follow Him.
▼ + stars: | 2023-07-01 | by ( Cindy Shmerler | ) www.nytimes.com time to read: 1 min

Cameron Norrie has had two mystical moments at Wimbledon. Both took place on Centre Court, the most revered venue in the sport. The first occurred in 2021 when Norrie faced Roger Federer in what turned out to be the eight-time champion’s last Wimbledon and the final singles tournament of his career. “Playing Roger on Centre Court at Wimbledon with my home fans there was surreal,” said Norrie of Britain, who had chances to break serve and send the match into a fifth set before losing 6-4, 6-4, 5-7, 6-4. I think they supported him more than they supported me that day.”The second moment happened last year, when Norrie reached his first major semifinal at Wimbledon.

Persons: Cameron Norrie, Norrie, Roger Federer, “, Roger, ”, Britain, Roger Taylor, Tim Henman, Andy Murray — Organizations: Wimbledon, Court Locations: British

But some researchers and environmental groups - supported by companies claiming to be able to help solve the problem - say airlines have done too little to handle the issue. According to such experts, research shows that non-CO2 emissions can actually be more harmful than carbon emissions. New European Union rules on emissions trading that will come into force in 2025 will force airlines to track and report their non-C02 emissions. Airlines have pledged to reach net-zero carbon emissions by 2050, mainly by adopting Sustainable Aviation Fuel (SAF), scarce alternative fuels made from renewable sources - like biofuels or synthetic fuels - that are used to power aircraft. Based in Cambridge, England, SATAVIA says that by focusing so heavily on carbon emissions, the industry will be paying more money for a solution that could take years to have an impact.

Persons: Roger Teoh, SATAVIA, Adam Durant, Padraic Halpin, Tim Hepher, Aurora Ellis Organizations: International Air Transport Association, Imperial College London, New, Union, Airlines, Sustainable Aviation Fuel, Reuters, Thomson Locations: Istanbul, Paris, contrails, Cambridge, England

☆ Trader Joe’s reveals why it still refuses to offer grocery pickup or delivery, even as fans beg the chain for online options
▼ + stars: | 2023-05-18 | by ( Alex Bitter | ) www.businessinsider.com time to read: +4 min

Trader Joe's has avoided offering delivery or pick-up orders for decades. According to an episode of Trader Joe's podcast, released on Monday: A combination of cost and company culture. Trader Joe's shoppers have been asking for the chain to provide delivery for years. Walmart has also expanded its grocery delivery capabilities, hiring drivers and offering unlimited deliveries for members of its own subscription program. Avoiding delivery and pick-up is just one way that Trader Joe's has kept its costs low.

☆ Swedish singer Loreen wins Eurovision Song Contest for 2nd time at event feting Ukraine
▼ + stars: | 2023-05-14 | by ( ) www.cnbc.com time to read: +6 min

Swedish singer Loreen won the Eurovision Song Contest on Saturday night with her power ballad "Tattoo," at a colorful, eclectic music competition clouded for a second year running by the war in Ukraine. Loreen, 39, previously won Eurovision in 2012 and is only the second performer to take the prize twice, after Ireland's Johnny Logan in the 1980s. Under the slogan "united by music," Eurovision final fused the soul of the English port city that birthed The Beatles with the spirit of war-battered Ukraine. Now in its 67th year, Eurovision bills itself as the world's biggest music contest — an Olympiad of party-friendly pop. "Now, the music industry, the world, knows that if you appear at Eurovision, you could be in for a great thing," said Steve Holden, host of the official Eurovision Song Contest podcast.

☆ Bowery: 2023 CNBC Disruptor 50
▼ + stars: | 2023-05-09 | by ( Cnbc.Com Staff | ) www.cnbc.com time to read: +3 min

Founded in 2015 in New York City, Bowery is among several urban plant factories that are changing food supplies, and attracting substantial funding. The need to grow produce more efficiently, and closer to end markets, is represented in Bowery and the concept of vertical agriculture. Early last year, Bowery secured a $150 million credit investment from KKR & Co. Overall, Bowery increased its retail distribution 40% in 2022, with supermarket chains Albertsons, Giant Food, Walmart and Whole Foods on board. Almost a decade on from its founding, the idea behind Bowery remains novel, but skeptics say vertical farming remains closer to a DIY niche than a grown up, globally scalable agtech industry.

☆ Here's what to do if you find a secret inappropriate boss-employee relationship in your workforce
▼ + stars: | 2023-04-13 | by ( Rebecca Knight | ) www.businessinsider.com time to read: +6 min

Office romance is tricky— especially if you find out a manager is in a relationship with a report. I have heard from someone on my team that one of my employees is in a close relationship with a woman he supervises. "You could be wrong, and if you accuse Roger of something untrue, that could hurt your relationship with him," she said. Anticipate that Roger will deny the relationship or push back and say it's none of your business. Say that you're not trying to police people's lives but that the relationship creates a conflict of interest.

☆ Taiwan sees less severe China reaction to president's U.S. meeting
▼ + stars: | 2023-03-30 | by ( ) www.reuters.com time to read: +3 min

REUTERS/Dado Ruvic/Illustration/File PhotoTAIPEI, March 30 (Reuters) - Taiwan expects a less severe reaction from China to an expected meeting between President Tsai Ing-wen and U.S. House Speaker Kevin McCarthy and has not seen any unusual Chinese military movements, a senior Taiwan security official said on Thursday. Speaking at parliament, Taiwan National Security Bureau Director-General Tsai Ming-yen said they expected a less severe reaction to that meeting than when then-House Speaker Nancy Pelosi came to Taipei and China staged war games around Taiwan after she left. "She will be meeting in the United States, so the political complexity is not as high as the speaker coming to Taiwan." But Taiwan has been keeping a close watch on China's military movements, said Tsai, adding: "At present there is nothing unusual". China is also hosting several senior foreign officials and leaders while President Tsai is away, meaning the timing would not be right for a strong military reaction against Taiwan, Tsai said.

☆ Taiwan says sees no signs of PLA deployment before president's US trip
▼ + stars: | 2023-03-27 | by ( ) www.reuters.com time to read: +1 min

China, which views Taiwan as its own territory, staged war games around the island last August following a trip to Taipei by then U.S.-House Speaker Nancy Pelosi. On her way back to Taiwan, she will transit through Los Angeles, where she is likely to meet current House Speaker Kevin McCarthy. Taking lawmakers' questions in parliament, Taiwan deputy defence minister Po Horng-huei said China has three to four warships operating around Taiwan every day, which has already become a "new normal". If there are any changes in China's military deployment, Taiwan must be prepared for the worst-case scenario, he said. "So far there is no sign of any special military deployment," Po added.

☆ Taiwan warns of China military's 'sudden entry' close to island
▼ + stars: | 2023-03-06 | by ( ) www.reuters.com time to read: +1 min

TAIPEI, March 6 (Reuters) - Taiwan Defence Minister Chiu Kuo-cheng warned on Monday the island has to be on alert this year for Chinese military's "sudden entry" into areas close to its territory amid the rising military tensions across the sensitive Taiwan Strait. China has stepped up its military activities around Taiwan in recent years, including almost daily Air Force incursions into the island's air defence identification zone. He said the PLA might make a "sudden entry" into Taiwan's contiguous zone and get close to its territorial space, which the island defines as 12 nautical miles from its coastlines. Taiwan has vowed to exercise its right to self-defence and counterattack if Chinese armed forces entered its territory. China claims self-governed Taiwan as its own and has not renounced the use of force to bring the island under Chinese control, if needed.

☆ Here are Friday's biggest analyst calls: Apple, Tesla, Alphabet, Kroger, Meta, Silvergate, UPS & more
▼ + stars: | 2023-03-03 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Here are Friday's biggest calls on Wall Street: Morgan Stanley reiterates Apple as a top pick Morgan Stanley said it sees a "catalyst rich event path" for the tech giant. Morgan Stanley names Alphabet, Amazon and Meta top AI picks Morgan Stanley named Alphabet, Amazon and Alphabet as top picks and said AI is at an inflection point. Barclays reiterates Alphabet as overweight Barclays said it's standing by its overweight rating on the stock but sees it range-bound for the foreseeable future. Morgan Stanley reiterates Eaton as a top pick Morgan Stanley said it sees several cyclical growth drivers for the multination power management company. Morgan Stanley names Eli Lilly as a catalyst driven idea Morgan Stanley named Eli Lilly as a catalyst driven idea, saying that the stock "levered" to a likely positive outcome from upcoming obesity drug trials.

☆ Here are Tuesday's biggest analyst calls: Apple, Tesla, Amazon, Alphabet, Chipotle, Microsoft & more
▼ + stars: | 2023-01-17 | by ( Michael Bloom | ) www.cnbc.com time to read: +9 min

Morgan Stanley downgrades Chipotle to equal weight from overweight Morgan Stanley said it's concerned about "traffic headwinds." Morgan Stanley upgrades Domino's to overweight from equal weight Morgan Stanley said Domino's is best positioned to handle a downturn. Morgan Stanley upgrades Church & Dwight to overweight from equal weight Morgan Stanley said it sees "fundamental inflection ahead." Morgan Stanley downgrades AutoNation to underweight from equal weight Morgan Stanley said it sees too many headwinds for shares of AutoNation right now. Morgan Stanley upgrades Kroger to equal weight from underweight Morgan Stanley said it sees more people eating at home.

☆ Retail advertising surged in 2022 — but in 2023, these new ad businesses will need to steal TV ad budget to survive
▼ + stars: | 2022-12-16 | by ( Lauren Johnson | ) www.businessinsider.com time to read: +5 min

Retailers will face more competition for ad dollars with smaller ad budgets from marketers in 2023. WPP's media buying unit GroupM said that retail media brought in $110 billion this year and is on track to generate $160 billion by 2027. But 2023 will be the year that determines which retail ad businesses will win and which will lose. But some retailers are trying to grow their retail media businesses by separating those two, so retail ads are no longer part of the distribution deal. Retailers are coming for TV budgetsIf retail media budgets increase, other types of ad budgets must get cut.

The decision came after the U.S. Federal Reserve raised interest rates by an expected 50 basis points on Wednesday and said it would deliver more interest rate hikes next year even as the economy slips towards a possible recession. Taiwan's central bank, at its quarterly monetary policy meeting, raised the benchmark discount rate (TWINTR=ECI) by 12.5 basis points to 1.75%, in line with economists' expectations in a Reuters poll. Governor Yang Chin-long said that, while the bank was still tightening monetary policy, the direction this time was "mild" given the lack of another reserve requirement rise. "For next year's monetary policy, we will focus on stabilising prices," he told reporters. The central bank again cut its 2022 estimate for gross domestic product growth, to 2.91% from its previous forecast of 3.51% in September.

The bill already passed the Senate and now goes to President Joe Biden for his signature. “In removing Taney’s bust, I’m not asking that we would hold Taney to today’s moral standards,” House Majority Leader Steny Hoyer said on Wednesday while advocating for the statue’s removal. Figures like Taney belong in history textbooks and classroom discussions, not in marbled bronze on public display of honor.”A similar effort in 2020 that passed the House aimed to remove Taney’s bust from the Capitol along with monuments honoring Confederates. That bill, however, was eventually stalled by Senate Republicans who argued that states should decide which statues they’d like to display in the Capitol. A statue of Taney was previously removed in 2017 from the grounds of the Maryland State House.

☆ Congress approves removing statue of Supreme Court chief justice who wrote Dred Scott decision
▼ + stars: | 2022-12-14 | by ( Zoë Richards | Zoë Richards Is The Evening Politics Reporter For Nbc News. | ) www.nbcnews.com time to read: +2 min

The House passed a bill Wednesday that would remove from public display at the U.S. Capitol a statue of Supreme Court Chief Justice Roger Taney, who wrote the 1857 Dred Scott decision that defended slavery and denied the citizenship of Black Americans. Roger B. Taney (1777-1864), former chief justice of the Supreme Court. The House overwhelmingly passed the measure a few months later in a 305-113 vote, but it did not advance in the Senate. A statue of Taney, who lived in Maryland, was removed from Maryland's State House grounds in 2017. Congress in recent years has taken similar actions to remove other statues from the Civil War era.

☆ Congress passed a bill removing a bust from the Capitol of the Supreme Court justice who authored an infamous decision denying citizenship to Black Americans
▼ + stars: | 2022-12-14 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +2 min

The House and Senate voted to remove a bust of the author of the Dred Scott decision from the Capitol. The bust of former Chief Justice Roger Taney will be replaced by a bust of Thurgood Marshall. Taney wrote in that decision that people of African descent were "beings of an inferior order." The bust of Taney is expected to be replaced with a bust of former Supreme Court Justice Thurgood Marshall, the high court's first Black justice. Taney wrote the majority opinion in the Supreme Court's infamous Dred Scott v. Sandford decision of 1856, which held that Black Americans could not be US citizens.

☆ Here are Wednesday's biggest analyst calls: Apple, Tesla, AMC, Kroger, Disney, Robinhood & more
▼ + stars: | 2022-11-09 | by ( Michael Bloom | ) www.cnbc.com time to read: +5 min

Evercore ISI upgrades Kroger to outperform from in line Evercore said in its upgrade of the stock that it sees "high teen upside." Wedbush reiterates Tesla as outperform Wedbush says it's concerned about company founder Elon Musk selling shares of Tesla. "For Musk who multiple times over the past year has said he is 'done selling Tesla stock' yet again loses more credibility with investors and his loyalists in a boy who cried wolf moment. Musk is the most important part of the Tesla story by a wide margin and every move he makes has a major impact on Tesla stock." Morgan Stanley reiterates Disney as outperform Morgan Stanley says it's standing by shares of Disney after the company's disappointing earnings report on Tuesday.

London CNN —Andy Taylor, guitarist with British New Romantic group Duran Duran at the height of their fame, is battling stage four prostate cancer. Taylor, who did not join his former bandmates John Taylor, Simon Le Bon, Roger Taylor and Nick Rhodes at the Class of 2022 celebrations due to ongoing treatment, wrote a letter to mark the occasion. Simon Le Bon, John Taylor, Andy Taylor, Roger Taylor and Nick Rhodes of Duran Duran Derek Storm/FilmMagic/Getty Images“There’s nothing that comes close to such recognition. You can dream about what happened to us but to experience it, on one’s own terms, as mates, was beyond incredible,” Taylor wrote in the message relayed by Le Bon. According to the American Cancer Society, about one in eight men will be diagnosed with prostate cancer during his lifetime.

☆ Duran Duran guitarist Andy Taylor absent from Rock & Roll Hall of Fame induction ceremony due to stage 4 cancer diagnosis
▼ + stars: | 2022-11-06 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Dianadasrath-Headshot.Jpg | Diana Dasrath | ) www.nbcnews.com time to read: +2 min

Duran Duran guitarist Andy Taylor was not able to attend Saturday night's Rock & Roll Hall of Fame induction ceremony, where the band was honored, due to a setback in a stage 4 prostate cancer diagnosis, according to a statement from the English band. "Just over 4-years ago I was diagnosed with stage 4 metastatic prostate cancer," the letter read. "Recently I was doing okay after some very sophisticated life extending treatment, that was until a week or so ago when I suffered a setback," Taylor wrote. Taylor said it was an honor to even be nominated for the Rock & Roll Hall of Fame, let alone inducted, and addressed his bandmates of 44 years as his brothers. Duran Duran was the first act inducted at the Microsoft Theater in Los Angeles Saturday night.

☆ Investors will reap billions if Kroger takes over Albertsons. Workers and shoppers may not be as happy.
▼ + stars: | 2022-11-05 | by ( Gretchen Morgenson | Gretchen Morgenson Is The Senior Financial Reporter For The Nbc News Investigative Unit. A Former Stockbroker | She Won The Pulitzer Prize In For Her | ) www.nbcnews.com time to read: +11 min

Wealthy investors in Safeway’s parent, Albertsons Companies, have done better. And next week, they were slated to reap a $4 billion cash dividend in connection with a proposed $25 billion takeover of Albertsons by rival Kroger. Based on that stake and the amount of the dividend, Cerberus stands to receive roughly $1 billion of the dividend payout. Six of Albertsons’ 14 directors who voted for the dividend are affiliated with the major investors. This is the last, best and final hope for a truly unionized chain.”Nervous about the pensionThe proposed $4 billion cash dividend is large by many measures.

☆ Kroger to pay $180K after firing workers who refused to wear logo allegedly resembling Pride flag
▼ + stars: | 2022-10-28 | by ( Zachary Schermele | ) www.nbcnews.com time to read: +6 min

Judge Lee Rudofsky, a district court judge for the Eastern District of Arkansas and a Donald Trump appointee, signed off on the settlement, which was reached after years of litigation. As part of the settlement, Kroger will pay the two employees more than $70,000 each in back pay, which is part of the overall $180,000 settlement. Court documents state that in late April 2019, the Conway store started requiring some of its employees to wear a new uniform adorned with a rainbow-colored heart. United States District Court Eastern District of Arkansas Central Division. After refusing to wear the uniforms for weeks, or trying to cover up the rainbow logo, court documents state, Rickerd and Lawson were fired in late May and early June, respectively.

☆ Meet the CNN Hero working to stop violence and rebuild lives on the South Philly streets where he once sold drugs
▼ + stars: | 2022-10-20 | by ( Kathleen Toner | ) edition.cnn.com time to read: +7 min

Philadelphia CNN —Tyrique Glasgow’s life has always revolved around his South Philadelphia neighborhood, and gun violence has always been a part of it. At 15, he got sucked into street life – selling drugs and eventually controlling a specific block of his neighborhood. Three years ago, Glasgow opened a community center that’s become a source of support for the whole neighborhood. Now, on the block where he once sold drugs, he provides food, necessities, and resources to hundreds of local residents every week. But there’s a coalition that’s trying to change the name.

☆ Grocery deal could have European interloper
▼ + stars: | 2022-10-20 | by ( Aimee Donnellan | ) www.reuters.com time to read: +4 min

LONDON, Oct 20 (Reuters Breakingviews) - Good luck to Kroger and Albertsons (ACI.N) – U.S. lawmakers are already getting concerned about a deal. A European interloper could make deal plans even harder. If investors reckoned there was merit in a deal, Muller could also use equity to beef up the offer. So regulators wouldn’t have to worry about a larger Kroger shutting down competing Albertsons stores. Less overlap means fewer operational synergies, so a deal with Ahold might not look as lucrative.

☆ A merger with Albertsons could bring Kroger's tech initiatives, like automated warehouses and smart carts, to over 5,000 locations
▼ + stars: | 2022-10-17 | by ( Alex Bitter | Nancy Luna | ) www.businessinsider.com time to read: +13 min

Kroger is building its own tech infrastructure, including automated warehouses for delivery orders. Here are Kroger's biggest e-commerce and technology initiatives:A ClusterTruck ghost kitchen inside a Kroger in the Midwest. The delivery-focused ghost kitchen touts a Cheesecake Factory-inspired menu of 80 to 100 food items. Over the last few years, ClusterTruck opened locations inside Kroger stores in Indiana and Ohio. Another partnership, this one with the autonomous-car startup Nuro, has stationed self-driving vehicles to deliver grocery orders in certain cities since 2018.

Search resuls for: "Roger T"

25 mentions found