DIRS.INFO The most relevant business & tech news

☆ Hong Kong Adopts Sweeping Security Laws, Bowing to Beijing
▼ + stars: | 2024-03-19 | by ( Tiffany May | David Pierson | ) www.nytimes.com time to read: +1 min

Hong Kong on Tuesday passed national security laws at the behest of Beijing, thwarting decades of public resistance in a move that critics say will strike a lasting blow to the partial autonomy the city had been promised by China. The new legislation, which was passed with extraordinary speed, grants the authorities even more powers to crack down on opposition to Beijing and the Hong Kong government, establishing penalties — including life imprisonment — for political crimes like treason and insurrection, which are vaguely defined. It also targets offenses like “external interference” and the theft of state secrets, creating potential risks for multinational companies and international groups operating in the Asian financial center. Many of the opposition figures who might have challenged the legislation have either been jailed or have gone into exile since China’s ruling Communist Party, under Xi Jinping, its most powerful leader in decades, imposed the first national security law, in 2020. That law gave the authorities a powerful tool to quash dissent after months of antigovernment demonstrations engulfed the city in 2019.

Persons: —, Hong, China’s, Xi Jinping Organizations: Hong, Communist Party Locations: Hong Kong, Beijing, China

☆ Zong Qinghou, Beverage Tycoon in China, Dies at 79
▼ + stars: | 2024-02-25 | by ( Tiffany May | Keith Bradsher | ) www.nytimes.com time to read: 1 min

Zong Qinghou, a self-made beverage entrepreneur who was once the richest person in China, died on Sunday. His death was announced by his company, Wahaha Group, which said that Mr. Zong had died from an unspecified illness and gave his age as 79. Mr. Zong’s rags-to-riches story had made him prominent in China even before a public feud with his foreign business partner considerably raised his profile — and his wealth. He founded a beverage company in the 1980s, and in the 1990s, he partnered with Danone, the French food giant, to launch one of the best-known food and beverage brands in China. But tensions erupted in 2007 when Danone accused Mr. Zong of running secret companies selling virtually identical products that siphoned off as much as $100 million from the joint venture.

Persons: Zong Qinghou, Zong Organizations: Wahaha, Danone Locations: China

☆ Outside of the Mag 7, Arm is a great way to invest in AI, says Tiffany McGhee
▼ + stars: | 2024-02-23 | 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 EmailOutside of the Mag 7, Arm is a great way to invest in AI, says Tiffany McGheeTiffany McGhee, CEO and CIO of Pivotal Advisors, discusses the Magnificent 7, portfolio management, and her top stock picks.

Persons: Tiffany McGhee Tiffany McGhee

In 2004, voters approved legislation that imposed a tax on millionaires to finance mental health services, generating $2 billion to $3 billion in revenue each year that has mostly gone to counties to fund mental health programs as they see fit under broad guidelines. San Francisco Mayor London Breed said she supports the measure. The 14-year-old center with a mission of breaking the cycle of trauma in the Black community relies heavily on mental health funding from the county. The state needs some 8,000 more beds to treat mental health and addiction issues, according to researchers who testified before state lawmakers last year. “From a humanitarian and civil rights perspective, we vehemently oppose Proposition 1,” said Mark Salazar, executive director of Mental Health Association of San Francisco, which serves more than 15,000 people monthly.

Persons: Gavin Newsom, Newsom, San Francisco Mayor London Breed, Tiffany McCarter, —, McCarter, “, ” McCarter, haven't, ”, Mark Salazar, ” Mark Cloutier, Joe Wilson, Anthony Hardnett, “ You’ve, ” Hardnett, ” Kalkowski, “ I’ve Organizations: — Democratic, — Democratic California Gov, San Francisco Mayor London, Cultural Center, Democratic, University of San, Housing Initiative, Mental Health Association of San, House, Sixth, 6th Street Center, Youth Locations: OROVILLE, Calif, — Democratic California, Butte, San Francisco, Butte County, Oroville, California, United States, Mental Health Association of San Francisco, Tenderloin, Chico

Snow and freezing rain in China were disrupting travel on Monday and had already caused hundreds of rail and flight cancellations, as millions of people traveled across the country before lunar new year holiday begins this weekend. For many years, heavy travel within and into China ahead of the holiday, known as Spring Festival in Chinese, produced the world’s largest annual migration. During the coronavirus pandemic, fear of lockdowns, quarantines and other rules deterred many from traveling. Last year, the authorities abruptly lifted those rules weeks before lunar new year after facing widespread protests, but many would-be travelers stayed put because they were anxious about spreading the virus. This year was supposed to mark a return to normal levels of holiday travel.

Locations: China

☆ McGhee: The market is actually playing catch up with what the Fed has been saying
▼ + stars: | 2024-02-01 | 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 EmailMcGhee: The market is actually playing catch up with what the Fed has been sayingPivotal Advisors CEO & CIO Tiffany McGhee says now is the time for investors to diversify into real assets, and discusses why she likes names in the market for weight-loss drugs.

Persons: McGhee, Tiffany McGhee

☆ Amazon Filmed ‘Expats’ in Hong Kong, but People There Can’t Watch It
▼ + stars: | 2024-01-30 | by ( Tiffany May | Yan Zhuang | ) www.nytimes.com time to read: +1 min

That series from Amazon Prime, “Expats,” which stars Ms. Kidman, aired its first two episodes last week in what it described as a worldwide release. For Hong Kong viewers, they appeared as “currently unavailable.”The reasons are unknown. Amazon Studios declined to comment. A spokesman for the Hong Kong government said it had facilitated the filming of some street scenes in “Expats” but would not comment on the “operational arrangement of individual businesses.”The show is being released after several years of transformation in the city, a Chinese territory. Hong Kong was largely closed off to the world during three years of pandemic restrictions, and speech and dissent have become severely restricted after a mass protest movement was squashed in 2019.

Persons: Nicole Kidman, “, Kidman, Hong Kong Organizations: Amazon Prime, Hong Kong, Amazon Studios, Hong Locations: Hong Kong, Hong

But it is actually registered as a nonprofit with the IRS — not a formal political party. Both the FEC and the IRS have been hesitant in recent years to police groups that push the boundaries of campaign finance law. The IRS, meanwhile, has largely shrunk from enforcement ever since attempts to crack down on tea party groups during Barack Obama's presidency drew massive backlash. Still, campaign finance experts say many of the legal arguments made by the Democratic groups are solid. Under a widely held interpretation of IRS rules, political nonprofit groups are limited to making political activity 50% of their activity.

Persons: Joe Biden, Donald Trump, ”, Tiffany Muller, “, Biden, Barack Obama's, Adav Noti, Ryan Clancy, Clancy, ” Noti, ___ Cooper Organizations: WASHINGTON, Biden, Trump, Democratic, Citizens United, End Citizens, Federal, Commission, IRS, FEC, Republicans, Citizens Locations: Washington, Colorado, Phoenix

☆ China’s Travel Economy Is Slowly Coming Back. Here’s Where It Stands.
▼ + stars: | 2024-01-23 | by ( Tiffany May | ) www.nytimes.com time to read: +1 min

Since China reopened its borders in 2023 after three years of Covid isolation, domestic travel has thrived and high-speed rail has grown increasingly popular. Before the pandemic, Chinese travelers were the world’s biggest spenders, accounting for 20 percent of global tourism spending, according to the United Nations World Tourism Organization. Among the changes: China has waived travel visas or agreed to extend the length of visa-free travel for visitors from eight countries, including Germany and France. The main factor holding back international travel by Chinese will continue to be China’s economy. As they think twice about their business in China, travel suffers.

Organizations: United Nations World Tourism Organization Locations: China, Germany, France, United States, Europe

5 p.m. Search for a speakeasy in a former prison complexThe handling of colonial-era buildings — which can be painful reminders of oppression — is fraught in Hong Kong. One reimagined site is Tai Kwun , a 19th-century prison and police station in the city center, which was converted into a public arts compound in 2018. Make a game of seeking out 001 , a speakeasy behind an unmarked black door, hidden in a maze of walkways (Tai Kwun employees will help you find it, if you ask). Once you’re inside, reward yourself for the search with an Earl Grey martini (158 dollars). Use Tai Kwun’s app for self-guided tours of the compound — some focus on architecture; others highlight the best spots for photos.

Persons: Tai Kwun, Earl Grey Organizations: Kwun, Tai Kwun Locations: Hong Kong, Tai

Once China’s most prolific property developer, China Evergrande has narrowly averted liquidation. A Hong Kong bankruptcy judge on Monday gave Evergrande another two months to work out a deal with foreign investors who lost money when the company defaulted two years ago with hundreds of billions of dollars in debt. It was an unexpected development in a bankruptcy lawsuit filed 18 months ago by one investor trying to get paid by forcing the dismantling of Evergrande. It was one of the country’s most successful companies and at the heart of the real estate industry, which drove one third of the nation’s economic growth. But years of overexpansion left it financially precarious, and when it defaulted, it had more than $300 billion of overdue bills.

Persons: China Evergrande, Evergrande, Jan, Linda Chan, ”, Neil McDonald, Kirkland, “, overexpansion Organizations: Hong, Ellis Locations: China, Hong Kong

☆ The S&P 500 rally will likely continue into year-end, says Tiffany McGhee
▼ + stars: | 2023-11-22 | 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 S&P 500 rally will likely continue into year-end, says Tiffany McGheeTiffany McGhee, CEO and CIO of Pivotal Advisors, discusses the outlook for a stock market rally into year-end.

Persons: Tiffany McGhee Tiffany McGhee

REUTERS/Thomas Peter/File Photo Acquire Licensing RightsSHANGHAI/PARIS, Nov 17 (Reuters) - The world's biggest luxury brands seeking growth in their second-largest market China are all courting the likes of wealthy entrepreneur Diana Wang. "Luxury brands offer you this event experience, this personal experience and it makes you feel privileged," Wang told Reuters. This week, Burberry (BRBY.L) also flagged low double-digit growth due to a slowdown in luxury spending globally, and in China. FEEDING THE LUXURY HABITEven as they narrow their focus, luxury brands remain optimistic about the potential in China, which is forecast to account for almost 40% of global luxury sales by 2030, according to consultants Bain. Luxury consultant Mario Ortelli said several luxury firms are hedging their bets on China by also expanding their global footprint.

Persons: Thomas Peter, Diana Wang, Wang, Tiffany, Chopard, Jacques Roizen, Cartier, Richemont, It's, Jean, Marc Duplaix, Versace, Donatella Versace, Gucci, Chanel, Dior, Cyrille Vigneron, LVMH, Louis Vuitton, Bain, Eric du Halgouet, Birkin, Mario Ortelli, Ortelli, it's, Mimosa Spencer, Casey Hall, Miral Organizations: Tiffany, REUTERS, Rights, Reuters, Burberry, HSBC, Digital Luxury, Chanel, Shanghai, Capri Holdings, Tapestry, Bund, Thomson Locations: Beijing, China, PARIS, Shanghai, Cartier, Shenzhen, South Korea, Japan, Thailand

☆ Remembering Bayard Rustin in Life and Onscreen
▼ + stars: | 2023-11-17 | by ( Tiffany Martinbrough | ) www.nytimes.com time to read: +1 min

As an adolescent, Bayard Rustin had many virtues. He was smart: He served as his high school valedictorian. He was respectful: After tackling opponents as an offensive lineman on his high school team, he would help them up and recite a line of poetry. In 2013, President Barack Obama awarded the Presidential Medal of Freedom to Rustin, who died in 1987. Sixty years after the march, the biopic “Rustin” aims to give this visionary his due.

Persons: Bayard Rustin, Rustin, Barack Obama, “ Rustin ”, George C, Wolfe, “, ” Wolfe Organizations: Black, Jobs, Civil, National Center for Civil, Rights Locations: Washington, Atlanta

☆ Trial confirms heart benefits of Wegovy, but is weight loss responsible – or something else?
▼ + stars: | 2023-11-11 | by ( Meg Tirrell | ) edition.cnn.com time to read: +9 min

To cardiologist Dr. Steven Nissen of the Cleveland Clinic, who wasn’t involved in the trial but is leading a similar one of tirzepatide, those effects are all evidence of the benefits of weight loss. Tirzepatide has shown greater levels of weight loss than semaglutide in clinical trials, leading many, including Nissen, to hope it will show even stronger cardiovascular benefits. Importantly, participants didn’t have a history of diabetes; a previous trial had shown that treating people with diabetes with a GLP-1 drug, Ozempic, reduced their cardiovascular risk. The Wegovy trial showed that 569 of 8,803 people taking the drug had a heart attack or stroke or died from heart-related causes, or 6.5%. The amount of weight loss seen in the trial, 9.4%, was less than in other studies of Wegovy, which showed average weight loss closer to 15%.

Persons: Ania Jastreboff, Wegovy, Dr, Amit Khera, National Institutes of Health’s Dr, Tiffany M, Powell, Wiley, Eli Lilly, Steven Nissen, wasn’t, ” Nissen, “, Tirzepatide, Nissen, Michael Lincoff, Lincoff, ”, Jastreboff, Sanjay Gupta, hadn’t, “ semaglutide Organizations: CNN, Nordisk’s Wegovy, American Heart Association, Yale Obesity Research Center, University of Texas Southwestern Medical Center Dallas, National Institutes of Health’s, New England, of Medicine, US Food and Drug, Cleveland Clinic, Novo Nordisk, Cleveland, CNN Health Locations: Philadelphia, Powell

☆ McGhee: Pay attention to value and high-dividend stocks amid higher rates
▼ + stars: | 2023-11-03 | 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 EmailMcGhee: Pay attention to value and high-dividend stocks amid higher ratesTiffany McGhee, CEO and CIO of Pivotal Advisors, discusses market volatility, value investing, and where she's finding opportunities in equities.

Persons: Tiffany McGhee Organizations: McGhee

He went on to accuse Israel of being a terror organization because its airstrikes on Gaza had caused civilian casualties. A Chinese state broadcaster recently hosted a discussion page on Weibo stating that Jews controlled a disproportionate amount of U.S. wealth. Among the comments on recent posts from the official social media account of Israel’s embassy in China were similar comparisons of Israelis to Nazis. It is hard to say whether the anti-Israeli positions in state media and antisemitism on the Chinese internet are part of a coordinated campaign. “If China felt that it was dangerous and problematic to allow antisemitic comments to flourish, the censors would stop it.

Persons: Hu Xijin, I’m, ”, Israel, Shen Yi, Carice Witte Organizations: Global Times, Communist Party, Weibo, Fudan University, country’s Communist Party Locations: Lebanon, Israel, Gaza, China, Beijing, Israeli

☆ Gavin Newsom, on Climate Mission to China, Gets an Audience With Xi
▼ + stars: | 2023-10-25 | by ( Tiffany May | More About Tiffany May | ) www.nytimes.com time to read: +1 min

Gavin Newsom, the governor of California, met with China’s leader, Xi Jinping, in Beijing on Wednesday, according to the Chinese state media, as part of an ambitious weeklong mission to negotiate climate partnerships. The two-term Democratic governor wants California to set an aggressive pace for the United States — and the world — to cut carbon emissions that are dangerously heating the planet. Mr. Newsom’s moves to tackle the climate crisis have elevated his national profile, just as he is widely believed to be preparing for a White House run in 2028. Mr. Xi met with Mr. Newsom in the Great Hall of the People, a grand building on the west side of Tiananmen Square where he often receives dignitaries. In an official summary of the meeting published by Chinese state media, Mr. Xi was quoted as saying he hoped Mr. Newsom’s visit would help promote ties between their countries.

Persons: Gavin Newsom, Xi Jinping, Newsom’s, Chuck Schumer, Xi, Newsom Organizations: Democratic, United, United States —, Mr, of Locations: California, Beijing, United States

☆ Take this simple step each morning to relieve stress and start your day off right, says therapist
▼ + stars: | 2023-10-19 | by ( Renée Onque | ) www.cnbc.com time to read: +2 min

But it can be hard to go cold turkey on social media or to find time for a regular workout. If you're looking for a simple change that you can make today, here's the No. 1 method Stevens recommends for stress relief at the top of each morning. DON'T MISS: Use this 1 simple trick to feel happier, says Harvard expert—it involves your bucket listThe simple step you can take each morning to relieve stress"I believe that starting [the day] with an affirmation is really helpful. Just being really mindful of the thoughts you're having."

Persons: —, Tiffany, Stevens, Oprah Winfrey, Tiffany M Organizations: Harvard, CNBC, Media, CNN, Stevens Locations: Chicago

They took swipes at the United States and depicted themselves as building a “fairer, multipolar world.” And they marveled at their countries’ “deepening” trust. And he gave a prominent role to President Vladimir V. Putin of Russia, underscoring how central their relationship is to Mr. Xi’s vision. Mr. Putin was treated as the guest of honor and often pictured by Mr. Xi’s side. While Mr. Putin and Mr. Xi huddled, President Biden landed in Israel on a visit aimed at preventing the war between Israel and Hamas from spreading. Though Mr. Xi did not publicly remark on the war, Mr. Putin, at a news briefing, blamed the United States for increasing tensions in the Middle East by sending warships to the region.

Persons: Xi Jinping, Vladimir V, Putin, Mr, Xi, Biden, ” Locations: China, Russia, United States, Beijing, Ukraine, Gaza, Israel, Russo

☆ McGhee: Longer-term growth opportunities typically come with a premium
▼ + stars: | 2023-09-19 | 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 EmailMcGhee: Longer-term growth opportunities typically come with a premiumTiffany McGhee, CEO and CIO of Pivotal Advisors, discusses the trading day ahead and how she's viewing market performance so far in September.

Persons: McGhee, Tiffany McGhee

☆ Sheriff’s Deputy Fatally Shot on the Job
▼ + stars: | 2023-09-17 | by ( Tiffany May | More About Tiffany May | ) www.nytimes.com time to read: +1 min

A sheriff’s deputy was fatally shot in his patrol car in Palmdale, Calif., on Saturday, the Los Angeles County Sheriff’s Department said. A passer-by found the deputy, Ryan Clinkunbroomer, unconscious near Palmdale Sheriff’s Station around 6 p.m. He added that investigators believed that the killing was captured on surveillance video and were analyzing a video that had been circulating online to determine whether it was related. Officer Clinkunbroomer, 30, had worked in the sheriff’s department for about eight years, Sheriff Luna said, following in the footsteps of his grandfather and father. “It’s usually the best of the best.”

Persons: Ryan Clinkunbroomer, Sheriff Robert Luna, Clinkunbroomer, Sheriff Luna, “, ”, “ It’s Organizations: Los, Los Angeles County Sheriff’s Department Locations: Palmdale, Calif, Los Angeles, Palmdale Sheriff’s

Alongside the comedy and drama, “Jaja’s” features a multitude of strand mastery, as Bioh and the director Whitney White (“Our Dear Dead Drug Lord”) were determined to show a range of hairdos coming to life onstage. To pull this off, most of these styles are executed in real time with a little stage magic courtesy of wigs constructed by the hair and wig designer Nikiya Mathis. Cast members, who braid hair onstage, practiced during rehearsals on wigs she designed for the performance. “There are so many moving pieces to the show that involve hair, and it’s not just me backstage,” Mathis said. “It’s also the actors onstage, it’s what Jocelyn has written, and it’s what Whitney will be helping us to reveal.”“Part of that,” she continued, “is going to be the magic of figuring out how we’re going to construct the wigs and how to potentially take them apart.”

Persons: Whitney White, ”, Nikiya Mathis, it’s, ” Mathis, “ It’s, Jocelyn, Whitney

☆ 3 ways small-business owners can tackle their personal setbacks and still rocket through growth targets
▼ + stars: | 2023-09-12 | by ( Erica Sweeney | ) www.businessinsider.com time to read: +6 min

Starting a small business requires time, finances, support, and balancing personal responsibilities. This article is part of "Small Business Playbook," a series exploring the leadership challenges and solutions that can drive growth. "We had to figure out how to gradually reopen without a playbook of how to do that," Parrish told Insider. To make it work, Parrish and Butler said business owners must set priorities and make sacrifices. "Too often, you feel like, I started this small business, and I need to be there every single day," she said.

Persons: Neillie Butler, Mariée Ami, —, Butler, she's, It's, Tiffany Mielnik Parrish, Parrish, I've, couldn't, isn't Organizations: Service, Club Locations: Wall, Silicon, Birmingham , Alabama, Charlotte , North Carolina

☆ He Fled China’s Repression. But China’s Long Arm Got Him in Another Country.
▼ + stars: | 2023-08-26 | by ( Tiffany May | More About Tiffany May | ) www.nytimes.com time to read: +1 min

To stop him, the authorities put him under surveillance and barred him from practice, depriving him of his livelihood. Mr. Lu’s wife and young daughter fled first, moving to the United States. A few days later, as he was preparing to board a train to Thailand, he was arrested by local authorities. Accused of using fraudulent travel documents, he was in Laotian custody as of late August and facing the threat of deportation. Under Xi Jinping, China’s most iron-fisted leader in decades, Chinese authorities have aggressively expanded their net outside the country.

Persons: Lu Siwei, Lu’s, Xi, Eva Pils Organizations: King’s College London Locations: China, United States, Laos, Thailand

Search resuls for: "Tiffany M"

25 mentions found