DIRS.INFO The most relevant business & tech news

☆ Wells Fargo pledges $60 million for worker re-entry program
▼ + stars: | 2023-08-02 | by ( Nupur Anand | ) www.reuters.com time to read: +1 min

Wells Fargo Bank branch is seen in New York City, U.S., March 17, 2020. REUTERS/Jeenah Moon/File PhotoNEW YORK, Aug 2 (Reuters) - Wells Fargo (WFC.N) on Wednesday said it may commit $60 million to Concordance, a nonprofit organization that helps workers with criminal records re-enter the workforce. "We are generally focused on providing support for housing, financial literacy, sustainability, and this is outside our wheelhouse but it is an important issue and deserves attention," Daley said. JPMorgan Chase (JPM.N) runs a similar initiative, Second Chance, to sign up new employees with criminal records. Certain estimates suggest that about a quarter of the U.S. population is left out of the talent pool due to criminal records.

Persons: Wells, William Daley, Daley, JPMorgan Chase, Nupur Anand, Lananh Nguyen, Jonathan Oatis Organizations: REUTERS, JPMorgan, Companies, Initiative, Thomson Locations: Wells Fargo Bank, New York City, U.S, New York

☆ Crows and magpies are getting revenge on humans by using anti-bird spikes around their nests as weapons
▼ + stars: | 2023-07-12 | by ( Marianne Guenot | ) www.businessinsider.com time to read: +4 min

They have started using the spikes in their nests to keep other birds away. For this particular nest, magpies pulled up 150 feet of the spiky metal strip from the rooftop of a nearby hospital, creating "an impregnable fortress," said Hiemsa. Hiemstra told the BBC that more research is needed to confirm the intent of the corvids using the spikes in the nest. Magpies build roofed nests and favor spiky materials. Other spiky materials had previously been spotted in nests in the area, such as barbed wire and knitting needles.

Persons: Auke, Florian Hiemstra, Hiemstra, —, sandra standbridge, isn't, Jim Reynolds, wasn't, Reynolds, it's, Peregrine falcons Organizations: Service, Naturalis Biodiversity Center, BBC, Magpies, University of Birmingham, Guardian Locations: Europe, Wall, Silicon, Rotterdam, Netherlands, Antwerp, Belgium, Scotland, Amsterdam

☆ Chief Justice John Roberts said his opinion to strike down student-loan forgiveness doesn't mean the court opposes all relief. It just means Biden didn't have the authority to carry it out.
▼ + stars: | 2023-06-30 | by ( Juliana Kaplan | Ayelet Sheffey | ) www.businessinsider.com time to read: +4 min

On Friday, the Supreme Court struck down President Biden's student-loan forgiveness plan. Chief Justice John Roberts said in his opinion that the Secretary of Education wasn't the proper person to implement it. The Supreme Court thinks it's a matter suited to the legislative branch, rather than the executive one. "The question here is not whether something should be done; it is who has the authority to do it," Roberts concluded. So he could potentially enact a plan to deliver relief using another law, like the Higher Education Act of 1965, which does not rely on a national emergency.

Persons: Biden's, John Roberts, —, Joe Biden's, Miguel Cardona's, Biden, John Roberts scathingly, Roberts, Massachusetts Sen, Elizabeth Warren, they've Organizations: Service, Department, Republican, Higher, Democratic, Twitter Locations: wheelhouse, Massachusetts

☆ Why Justice Amy Coney Barrett wrote about babysitters in her student loan opinion
▼ + stars: | 2023-06-30 | by ( Tierney Sneed | ) edition.cnn.com time to read: +5 min

In the student loan case, the 6-3 conservative majority, including Barrett, concluded that the student loan law in question did not give the secretary of education the power to cancel broad swaths of loans. “Though this grant of apple-purchasing authority sounds unqualified, a reasonable clerk would know that there are limits,” she wrote. “For example, if the grocer usually keeps 200 apples on hand, the clerk does not have actual authority to buy 1,000 – the grocer would have spoken more directly if she meant to authorize such an out-of-the-ordinary purchase,” Barrett wrote. “In my view, the major questions doctrine grows out of these same commonsense principles of communication,” Barrett wrote. ““The broadly worded ‘waive or modify; delegation IS the HEROES Act, not some tucked away ancillary provision,” Kagan wrote, referring to the relevant student loan program statute.

Persons: Amy Coney Barrett, Joe Biden’s, –, Barrett, “, ”, ” Barrett, ” “, Justice Elena Kagan, Kagan, ” Kagan, BARRETT, BARRETT’s Organizations: CNN, Supreme Court

☆ Kagan says the Supreme Court risks becoming 'a danger to a democratic order' after it axed Biden's student loan forgiveness plan
▼ + stars: | 2023-06-30 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +3 min

Justice Elena Kagan slammed the Supreme Court for striking down Biden's student loan forgiveness plan. The high court, Kagan argued, is approaching a future that is "a danger to a democratic order." "That is no proper role for a court," Kagan wrote. "Congress knew that national emergencies would continue to arise," Kagan wrote. "From the first page to the last, today's opinion departs from the demands of judicial restraint," Kagan wrote.

Persons: Elena Kagan, Kagan, SCOTUS, —, John Roberts, Biden, Joe Biden, Roberts, Sonia Sotomayor, Ketanji Brown Jackson, Obama Organizations: Service, Education Department

☆ Google's new Pixel Tablet is perfect for smart home devotees
▼ + stars: | 2023-06-20 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +3 min

In this article GOOGL Follow your favorite stocks CREATE FREE ACCOUNTGoogle's new Pixel Tablet on its default Home screen. CNBCI've been breaking out of my usual wheelhouse and getting hands-on with Google's new Pixel Tablet for the last few days. What's good Hub Mode, Hub Mode, Hub Mode. For example, you could find a recipe from the couch, tote your Pixel Tablet to the kitchen and get to cooking. Google's Pixel Tablet in Chrome.

Persons: CNBC I've, It's, hasn't, that's Organizations: CNBC, Google, Apple

☆ CNN management focused on 'listening' and 'getting back to work' as the network moves on from Chris Licht
▼ + stars: | 2023-06-08 | by ( Trisha Gopal | Lucia Moses | ) www.businessinsider.com time to read: +9 min

A trio of longtime executives have taken charge at CNN following the exit of Chris Licht. There's a moment in Tim Alberta's brutal profile of CNN's now-former CEO Chris Licht where Licht awkwardly takes a jab at his predecessor Jeff Zucker. The following Monday, as Licht attempted to quell growing calls for his ouster, Licht told CNN staff: "As I read that article, I found myself thinking, CNN is not about me. Jeff Zucker and Chris Licht at an event in 2019, back when Zucker still ran CNN and Licht was the showrunner on The Late Show on CBS. If Licht was seen as mismanaging CNN's top talent, Entelis, in particular, is known to be the queen of talent.

Persons: Chris Licht, David Leavy, Amy Entelis, Tim Alberta's, CNN's, Licht, Jeff Zucker, Zucker, Donald Trump, Christiane Amanpour . Licht, Anderson Cooper, Jake Tapper, Kara Swisher, Mike Coppola, — Licht, Virginia Moseley, Eric Sherling, Wolf, David Zaslav, Zaslav, WBD, Leavy, We're, — Leavy, I'm, Kaitlan Collins, Don Lemon's, Poppy Harlow, Licht's, PATRICIA DE MELO MOREIRA, Jonathan Miller, Entelis, Peter Jennings, Ted Koppel, Anthony Bourdain, Eric Ripert, Masa Takayama, Turner, Lisa Ling's, Bell, Tapper —, CNN —, She's, — Organizations: CNN, Morning, Vox Media, CBS, ABC, Warner Bros, Warner Bros Discovery, HBO, Getty, BBC News Board, Integrated Media, CNN Worldwide, Masa Locations: Trump, Japan, America

☆ Alan Menken on ‘The Little Mermaid’ and the Mixed Blessing of Disney Fame
▼ + stars: | 2023-05-29 | by ( Sarah Bahr | ) www.nytimes.com time to read: +2 min

What was it like working with Lin-Manuel Miranda on new songs for “The Little Mermaid”? I gave him a little Caribbean tune thinking he would lyricize that, and in fact, he rapped over it! In 1997, David Horn, now the executive producer of PBS’s “Great Performances” series, told The New York Times, “When there’s a Sondheim musical, everyone refers to it as a Sondheim musical. When it’s something Alan has done, they refer to it as a Disney musical.” Do you still mind your shows being known as Disney musicals? I sometimes would have a little resistance to simply being characterized as “Disney composer Alan Menken” because I already had a huge hit with “Little Shop of Horrors” before I went to Disney.

☆ Reader mailbag: From the impact of a US default to analyzing the IPO market, all your questions answered
▼ + stars: | 2023-05-26 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +5 min

An inverted yield curve means that short-term bonds offer better returns than long-term bonds, which seems counterintuitive. Well, there is a case to be made for an inverted yield curve not being a sign of an impending recession. Click here for more on why experts are questioning the inverted yield curve's reliability as an economic predictor. I suppose any number of companies going public might seem like a lot amid the current drought, but it still seems like slim pickings. On the one hand, a company going public now must have supreme confidence in its business.

☆ What Your Therapist Doesn't Tell You
▼ + stars: | 2023-05-17 | by ( Amy X. Wang | Illustrations Liana Finck | ) www.nytimes.com time to read: +8 min

What Your Therapist Doesn’t Tell You A dozen counselors on what it’s really like to sit in the other armchair. “ ‘I need to pee so bad.’ Clients don’t realize that we have five minutes between sessions and sometimes making it to the bathroom is not possible.” — Jessa White, L.M.H.C.A. You can’t do psychotherapy if a person doesn’t feel safe — there’s no way that’s going to happen. But it’s frustrating too, because as a therapist, you feel you can’t really offer what you signed up for.” — Gabriela Sehinkman, Ph.D., L.I.S.W.-S. To me, therapy is very much like dating, except, you know, obviously you don’t really want to date the person.” — Thien Pham, L.M.F.T.

☆ Trump shares video mocking DeSantis' flip-flop on how to say his name. The pronunciation question goes back a decade.
▼ + stars: | 2023-03-17 | by ( Kimberly Leonard | Brent D. Griffiths | ) www.businessinsider.com time to read: +6 min

For months, Trump has been attacking DeSantis with the expectation that he'll challenge him for the 2024 Republican presidential nomination. In the latest dig issued Friday morning, Trump reshared a video of DeSantis on Truth Social. In the clips, DeSantis shifts the pronunciation of his last name from "Dee-Santis" to "Deh-Santis." The question of how to pronounce "DeSantis" made headlines in 2018 when Trump endorsed the then-US congressman for the GOP nomination for governor. In 2018, the Tampa Bay Times suggested that Casey DeSantis rebranded DeSantis' name, under a story headlined "Tomato, Tomahto; Dee-Santis, Deh-Santis."

☆ Biden to host Australia and Britain to reveal details of submarine pact to counter China
▼ + stars: | 2023-03-10 | by ( David Brunnstrom | ) www.reuters.com time to read: +6 min

In the early 2030s, Australia would buy three Virginia class submarines and have the option to buy two more. Under the initial AUKUS deal announced in 2021, the United States and Britain agreed to provide Australia with the technology and capability to deploy nuclear-powered submarines. It will be the first time the United States has shared nuclear-propulsion technology since it did so with Britain in the 1950s. Currently no party to the nuclear Non-Proliferation Treaty other than the five countries the NPT recognizes as weapons states - the United States, Russia, China, Britain and France - has nuclear submarines. General Dynamics Corp (GD.N), which makes Virginia class submarines, has 17 of them in its current backlog delivering through 2032.

☆ PREVIEW Biden to host Australia and Britain to reveal details of submarine pact to counter China
▼ + stars: | 2023-03-10 | by ( David Brunnstrom | ) www.reuters.com time to read: +6 min

Two of the officials said that after the annual port visits, the United States would forward deploy some submarines in Western Australia by around 2027. In the early 2030s, Australia would buy three Virginia class submarines and have the option to buy two more. It will be the first time the United States has shared nuclear-propulsion technology since it did so with Britain in the 1950s. Currently no party to the nuclear Non-Proliferation Treaty other than the five countries the NPT recognizes as weapons states - the United States, Russia, China, Britain and France - has nuclear submarines. General Dynamics Corp (GD.N), which makes Virginia class submarines, has 17 of them in its current backlog delivering through 2032.

☆ Digital video is set to top traditional TV this year. How Wall Street says to play it
▼ + stars: | 2023-02-23 | by ( Samantha Subin | ) www.cnbc.com time to read: +7 min

As of Thursday's close, Netflix shares were up 9% year to date, while Disney , Paramount and Warner Bros. NFLX YTD mountain Netflix shares since the start if 2023 During the pandemic, the streaming industry challenged cable TV as customers cut the cord. Shares of Netflix struggled Thursday following a report from The Wall Street Journal that the company was cutting prices in over 30 countries. Disney represents another clear-cut behemoth in the space, and boasts one of the higher number of buy ratings on Wall Street. The Trade Desk is another advertising stock Wall Street is bullish on, with more than 60% of analysts giving a buy rating on the stock.

☆ The benefits of ‘body doubling’ when you have ADHD, according to experts
▼ + stars: | 2023-02-13 | by ( Kristen Rogers | ) edition.cnn.com time to read: +7 min

Body doubling provides that motivation, experts said. “But I do know that the idea of externalizing motivation is a long-standing, evidence-based mechanism for managing ADHD,” Roberts said. The other person doesn’t have to be doing the same thing as you, unless the activity you need body doubling for — such as exercising — requires that assistance. How transparent you are about why you need a body double is up to you, as is whether you have more than one body double. There are also body doubling or coworking platforms or apps such as Flown, Focusmate or Flow Club.

Persons: Robin Nordmeyer, ”, Nordmeyer, ” Nordmeyer, Billy Roberts, J, Russell Ramsay, Roberts, ” Ramsay, ” Roberts, —, Allie K, Campbell Organizations: CNN, Center, University of, Research, Harvard University’s Center Locations: Minnesota, Minneapolis, Columbus , Ohio

☆ There's a massive disconnect between markets and the Fed - and Jerome Powell's messaging could fall upon deaf ears
▼ + stars: | 2023-02-01 | by ( Phil Rosen | ) www.businessinsider.com time to read: +7 min

Let's break down what to know ahead of the Federal Reserve's widely expected interest rate hike today. Today's rate hike decision probably won't surprise anyone, as markets have long priced in a 25-basis-point move for the February and March meetings. Goldman said he'll be watching for three things in Powell's speech:Powell will talk tough: "He's going to push back on financial markets. In any case, according to Reinking, unless Powell musters up some serious aggression, any messaging will ultimately fall upon deaf ears. What will your investment strategy look like following another interest rate hike from the Fed?

☆ AT&T’s fiber diet should help mitigate M&A bloat
▼ + stars: | 2023-01-25 | by ( Jennifer Saba | ) www.reuters.com time to read: +3 min

NEW YORK, Jan 25 (Reuters Breakingviews) - AT&T (T.N) boss John Stankey is getting the telecom titan back in its lane. The $145 billion company on Wednesday disclosed a $25 billion non-cash impairment charge partly related to its landline business. AT&T benefited in other ways, adding 656,000 net new mobile subscribers who pay monthly in the fourth quarter, far better than what Verizon Communications (VZ.N) managed. In the fourth quarter, AT&T’s average revenue per user for its fiber product was approaching $65, $10 higher than what its non-fiber service fetches. At least it’s a venture in AT&T’s wheelhouse, and a higher fiber diet should help mitigate the M&A bloat.

Organizations: & $

☆ I stayed in a Boeing 747 jet converted into a hotel that has beds in the engines and a wheelhouse and it was the coolest place I've ever slept
▼ + stars: | 2022-12-11 | by ( Taylor Rains | ) www.businessinsider.com time to read: 1 min

"This jet has memories," Junejo told me. "I love the full circle symbolism of this 747 because it used to fly people around the world, and now people from around the world are coming to the plane." Staying at the Jumbo Stay 747 hotel in Sweden. Taylor Rains/Insider

SANDWICH, Mass.—Rob Martin eases the throttle on his 40-foot boat, pulls on his work gloves and prepares to hoist a string of lobster traps from the seafloor below. But instead of looking for a buoy tethered to the traps on the bottom, as lobstermen typically do when checking their traps, he listens for telltale beeps from an electronic device mounted in the wheelhouse. “I can look at my plotter and see where all my gear is,” Mr. Martin, who has fished the waters off Cape Cod for 42 years, said during a recent outing offshore. “Once you start using this stuff, it’s pretty simple.”

☆ Biden's 2024 primary calendar gives Kamala Harris an edge in a future White House bid
▼ + stars: | 2022-12-04 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Jonathan-Allen-Circle-Byline-Template.Jpg | Jonathan Allen | ) www.nbcnews.com time to read: +8 min

WASHINGTON — President Joe Biden's push to make South Carolina the first major battleground in Democratic presidential primaries has a second big beneficiary: Vice President Kamala Harris. "It's a good demographic mix of having to appeal to Black voters, White working-class voters and Latino and Asian American voters." “How many Black voters are persuaded that the Democratic Party cares about them because South Carolina goes first? South Carolina, one of the most Republican states in the country, isn't competitive at the presidential level in general elections. “South Carolina is also known to be kind to those who’ve been kind to her,” he said.

☆ 3 takeaways from our daily meeting: Investor discipline, EL acquisition, TJX earnings
▼ + stars: | 2022-11-15 | by ( Krystal Hur | ) www.cnbc.com time to read: +2 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Investor discipline EL to acquire Tom Ford TJX earnings ahead 1. EL to acquire Tom Ford The Wall Street Journal reported on Monday that cosmetics giant Estee Lauder (EL) is nearing a deal to purchase luxury fashion house Tom Ford for roughly $2.8 billion. We like Tom Ford as a prestige apparel brand, though that's not in Estee Lauder's wheelhouse of skincare and makeup. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER .

☆ I've made $740,000 on Airbnb this year. Here's my best advice for beginner hosts to maximize success and avoid common mistakes.
▼ + stars: | 2022-11-10 | by ( Narina Exelby | ) www.businessinsider.com time to read: +8 min

They bought their first short-term-rental property in 2019 and scaled while working full time. My wife, Jill, and I bought our first short-term-rental property in November 2019 after moving to Nashville. These are my best pieces of advice for beginners to avoid common pitfalls when investing in short-term-rental properties. Always plan for the worst-case scenarioI always use conservative numbers when I evaluate potential properties in my Google Sheet template. I rerun the numbers to see what the break-even point is and what the best potential profit could be.

☆ Etsy's COO has 3 tips for making money this holiday season—from 'meaningful' gifts to the color hot pink
▼ + stars: | 2022-10-27 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +3 min

If you're planning to look for more deals and generally be a bit more thrifty this upcoming holiday shopping season, you're far from alone — and retailers are well aware. That's why small-business owners and side hustlers on platforms like Etsy begin preparing for the holiday season before Halloween, says Raina Moskowitz, Etsy's chief operating officer. "The holiday season is really the busiest season and most important time of the year, certainly across retail, but especially for small businesses," Moskowitz tells CNBC Make It. Small businesses especially are getting ready for an uncertain holiday season, as shoppers worry about a potential recession and inflation jacking up prices. Consider your prices carefullyEighty-four percent of holiday shoppers say they'll try to save money compared to previous holidays, according to a recent Bankrate survey.

☆ A 25-year-old built a 'tiny hotel' in Texas that's generated $500,000 in bookings this year. Check out the $3.1 million property.
▼ + stars: | 2022-10-18 | by ( Kiera Fields | ) www.businessinsider.com time to read: +9 min

French bought a small plot of land and built a "tiny hotel" made up of seven cabins. In March 2021, he bought a 5-acre plot that would become Live Oak Lake. Live Oak Lake has generated more than $500,000 in bookings since its opening, as indicated by screenshots of Airbnb and Stripe dashboards reviewed by Insider. At the time, he projected that the construction costs of building his tiny hotel would come to about $1.6 million. Isaac FrenchIn addition to the seven identical cabins, Live Oak Lake has a common area with a small dock, picnic tables, paddleboards, and kayaks.

Search resuls for: "Wheelhouse"

25 mentions found