DIRS.INFO The most relevant business & tech news

☆ China's Washington envoy warns of retaliation against further US tech curbs
▼ + stars: | 2023-07-19 | by ( David Brunnstrom | ) www.reuters.com time to read: +2 min

WASHINGTON, July 19 (Reuters) - China does not want a trade or tech war but will definitely respond if the United States imposes more curbs on its chip sector, China's ambassador to Washington said on Wednesday. Xie referred to reports that Washington is considering an outbound investment review mechanism, and further prohibition on the export of AI chips to China. "China, definitely ... will make our response. We don't want ... a trade war, technological war, we want to say goodbye to the Iron Curtain as well as the Silicon Curtain." She said the order would enacted in a transparent way, through a rule-making process that would allow public input.

Persons: Xie Feng, Xie, There's, Biden, Janet Yellen, David Brunnstrom, Grant McCool Organizations: Aspen Security, China, Labor Day, Micron Technology, Cybersecurity Administration, Micron, Treasury, Thomson Locations: China, United States, Washington, U.S

After 17 years on the national team and nearly as many years speaking out to support various issues including L.G.B.T.Q. rights, equal pay, the Black Lives Matter movement and voter rights, Rapinoe will play in her fourth Women’s World Cup and her final season in the National Women’s Soccer League and will end her career at the top of her sport. Perhaps nothing exemplified her ability to perform under pressure more than when she scored twice in a quarterfinal against France at the 2019 World Cup. The Americans went on to win that world title, their second in a row. Her six goals at that World Cup helped her earn the Golden Boot as the top scorer and the Golden Ball as the top player.

Persons: Rapinoe, Donald J, Trump, Megan, ” Organizations: National Women’s Soccer League, France, Twitter, Trump White, WIN, Ballon, FIFA Locations: United States

☆ Brazenly defending a Chinese warship buzzing an American destroyer in the Taiwan Strait, China's new defense minister tells the US: 'Mind your own business'
▼ + stars: | 2023-06-04 | by ( David Rising | Associated Press | ) www.businessinsider.com time to read: +8 min

A Chinese warship overtook an American destroyer and sailed across its bow on Saturday. China's defense minister Gen. Li Shangfu said, "In China we always say, 'Mind your own business.'" Chinese Defense Minister Gen. Li Shangfu delivers his speech on the last day of the 20th International Institute for Strategic Studies (IISS) Shangri-La Dialogue, Asia's annual defense and security forum, in Singapore, Sunday, June 4, 2023. He accused the US and others of "meddling in China's internal affairs" by providing Taiwan with defense support and training, and conducting high-level diplomatic visits. The sanctions, which broadly prevent Li from doing business in the United States, do not prevent him from holding official talks, American defense officials have said.

Persons: Lloyd Austin, Li Shangfu, —, Vincent Thian Li, Li, Austin, Roslan Rahman, Li scoffed, Vincent Thian Organizations: US, Service, Privacy Policy SINGAPORE, Washington, Pacific Command, US Air Force, Chinese Defense, 20th International, for Strategic Studies, AP, Getty, Russia, US Defense Department Locations: American, China, Taiwan, Singapore, Taiwan Strait, South, Canadian, Beijing, Chinese, South China, Austin, East, Ukraine, Moscow, United States, — China

Singapore CNN —A war over Taiwan would be “devastating” and affect the global economy “in ways we cannot imagine,” US Defense Secretary Lloyd Austin has warned, as he underlined US support for the island democracy. “The whole world has a stake in maintaining peace and stability in the Taiwan Strait. And the right time to talk is now,” Austin said. “But we will not flinch in the face of bullying or coercion.”Austin reaffirmed US readiness in the region. Defense Minister Li addresses the Shangri-La forum on Sunday morning.

Persons: Lloyd Austin, ” Austin, Austin, China’s, Xi Jinping, “, People’s Republic of China “, Li Shangfu, ”, ” Drew Thompson, Lee, Li, ” Thompson Organizations: Singapore CNN, US, Communist Party, Taiwan, Chinese Defense, Lee Kuan Yew, of Public, National University of Singapore, Defense Locations: Singapore, Taiwan, China, Taiwan Strait, Austin, People’s Republic of China, Beijing

The son of a sea captain, Erdogan has faced stiff political headwinds ahead of Sunday's election: he was already facing blame over an economic crisis when a devastating earthquake hit in February. Critics accused his government of a slow response and lax enforcement of building rules, failures they said could have cost lives. Two days before the vote, Erdogan said he came to office through the ballot boxes and if he had to, would leave the same way. A veteran of more than a dozen election victories, the 69-year-old Erdogan has taken aim at his critics in typically combative fashion. "I swear, Erdogan can solve it with a flick of his wrist," she said at a market in central Istanbul.

☆ More than 25% of biodiversity is under our feet — but we're destroying it. A biotech startup that's raised $56 million has a plan to help save our soil.
▼ + stars: | 2023-05-12 | by ( Amanda Paule | ) www.businessinsider.com time to read: +10 min

The women-led biotech startup Trace Genomics is working to reverse human-caused soil erosion. Soil-data companies such as the Iowa startup Trace Genomics are trying to help farmers reverse that trend. Prasanna Kankanala, Trace Genomics' director of research and development, visits a client's farm. The opportunity to help fight crop diseases led Parameswaran and Diane Wu, her cofounder, to start Trace Genomics in 2015. Where a chemical test might run him $20, Trace's test could run him $200.

[1/2] Turkish President Tayyip Erdogan addresses his supporters during a rally ahead of the May 14 presidential and parliamentary elections, in Izmir, Turkey April 29, 2023. As he seeks to shore up his appeal among conservative voters, Erdogan has also spoken against homosexuality, describing LGBT rights as a "deviant" concept he would fight. 'BUILDING TURKEY TOGETHER'Polls suggest voting could go to a second round and some show Erdogan trailing. "I swear, Erdogan can solve it with a flick of his wrist," she said at a market in central Istanbul. The interventions won few allies, however, and faced with a struggling economy the countdown to the election, Erdogan sought rapprochement with rivals across the region.

☆ I'm a bear when it's called for, like in 2007. But this stock market belongs to the bulls
▼ + stars: | 2023-04-30 | by ( Jim Cramer | ) www.cnbc.com time to read: +9 min

I have not been bombarded with as many warnings about how we are about to embark upon a wave of failures of all sorts — shadow banks, regional banks, commercial real estate lenders, real estate investment trusts — at any time since 2007. Let's take commercial real estate. I mention SL Green because it may be the most challenged of the REITs, real estate investment trusts, other than Vornado Realty Trust (VNO), a historically fine New York real estate concern, which just delayed its dividend. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

☆ ‘Succession’ Season 4, Episode 5 Recap: Bleed the Swede
▼ + stars: | 2023-04-23 | by ( Noel Murray | ) www.nytimes.com time to read: +2 min

The trip is the first big test for Kendall and Roman, who spend the first part of this episode scrutinizing emails and complaining about keeping the numbers straight across five Waystar divisions. Gerri though, on the plane ride over, encourages her people not to be so worried about these smug Swedes. Matsson pledged to buy Waystar Royco (minus ATN) for $144 a share. In a private meeting with Matsson, Kendall casts a steely eye on him and remains unfazed even when the flighty tech billionaire makes a snide comment about Waystar’s sliding stock price. So ends Round 1 of this negotiation, with Matsson slightly ahead, if only because he asked for something Kendall and Roman were not prepared to give.

☆ Ukraine battles rage, Kyiv reported to rethink counter-offensive after leak
▼ + stars: | 2023-04-11 | by ( Pavel Polityuk | ) www.reuters.com time to read: +6 min

The head of the Moscow-controlled part of Donetsk, Denis Pushilin, said Russian forces now held 75% of the city. As the battles ground on, U.S. media outlet CNN reported that Ukraine was forced to amend some military plans ahead of its long-anticipated counter-offensive because of the leak of dozens of secret documents. HOT ON THE EASTERN FRONTA Ukrainian counter-offensive has long been expected after months of attritional warfare in the east. Elsewhere, Russia's defence ministry said its forces destroyed a depot with 70,000 tonnes of fuel near Zaporizhzhia, and Ukraine reported widespread Russian shelling in northern regions. In a rare coordination between the warring parties, Russia and Ukraine carried out another prisoner swap, with 106 Russian captives freed in exchange for 100 Ukrainians.

☆ The US could be 4 months away from a potentially disastrous debt-ceiling breach, but nobody's negotiating over how to fix it
▼ + stars: | 2023-03-04 | by ( Ayelet Sheffey | Juliana Kaplan | ) www.businessinsider.com time to read: +8 min

GOP lawmakers have refused a clean increase, but have yet to produce details on what they want in a deal. The US could breach the debt ceiling as soon as July, the CBO estimated. That's because no one seems to be ready or willing to negotiate over how to raise the debt ceiling. The debt ceiling dictates how much money the government can borrow to pay off the expenses it's already approved. For now, Biden's administration has maintained that raising the debt ceiling should be done in a bipartisan way, and without negotiations.

It is the US who is in fact the number one country in terms of surveillance, whose high-altitude balloons illegally flew over China multiple times. Chinese foreign ministry: Wang Yi stressed that on the Ukraine issue, China stands by principles. China is committed to promoting peace talks and has played a constructive role. Chinese foreign ministry: Wang Yi pointed out that to preserve stability across the Taiwan Strait, one must firmly oppose "Taiwan independence" and uphold the one-China principle. On the Taiwan question, the US side should respect historical facts, honor its political commitments and follow through on its statement of "not supporting Taiwan independence".

☆ Life and death in shattered Mariupol - a survivor's tale of war in Ukraine
▼ + stars: | 2023-02-22 | by ( ) www.reuters.com time to read: +5 min

MARIUPOL, Russian-controlled Ukraine, Feb 22 (Reuters) - Shells were exploding nearby but Tatiana Bushlanova didn't flinch when she spoke to Reuters in front of the shattered remains of her home in Mariupol last May. Tatiana, who is still in Mariupol, said the death and destruction visited on the city had hardened people's hearts. Their old apartment block was demolished - "the excavator stood there and took the building down bit by bit" - but getting compensation is a drawn-out process. "They said we'd find out in 70 days' time (if they get the handout) and if not, they'll probably put us in the queue for an apartment," Tatiana said. Reporting by Reuters; writing by Mark Trevelyan/Andrew Osborn; editing by Philippa FletcherOur Standards: The Thomson Reuters Trust Principles.

☆ Meet the British composer living with a rare type of epilepsy that is triggered by music
▼ + stars: | 2023-02-20 | by ( Marianne Guenot | ) www.businessinsider.com time to read: +6 min

Determined to carry on with their love of music, Bec found a way to overcome their condition. Liza Bec, a professional composer, discovered in 2008 that music — the very thing they had devoted their life to — was causing their epilepsy. "It was complete horror," Bec told Insider: "I just thought: 'I'm going to die. A condition that affects one in 10 million peopleLiza Bec, playing their roborecorder. Doctors told Bec they should go on medication and avoid playing music to avoid damaging their brain further.

“And a lot of times, it was the Black officers who beat us worse than white officers,” Jones, 48, said. Some of these Black officers are good guys that came from rough neighborhoods, too. And for no reason.”Jones and other Black Memphis residents have shared a range of reactions to seeing five Black faces as the alleged perpetrators of Nichols’ fatal beating with NBC News. “I can’t be surprised because it’s a predominantly Black part of town with Black officers patrolling,” said Barbara Johnson, 75, and a grandmother. He said a police officer friend alerted him of Nichols’ death before it was made public.

☆ 'Outright negative' on stocks: JPMorgan's Marko Kolanovic braces for correction, hard landing
▼ + stars: | 2023-01-24 | by ( Stephanie Landsman | ) www.cnbc.com time to read: +2 min

JPMorgan's Marko Kolanovic is abstaining from the early 2023 rally. Instead, the Institutional Investor hall-of-famer is bracing for a 10% or more correction in the first half of this year, telling investors he's "outright negative" on the market. So, that has to clash at some point," the firm's chief market strategist and global research co-head told CNBC's "Fast Money" on Tuesday. "We think things first turn south, get much worse," said Kolanovic. Kolanovic believes they helped create a narrative the worse is behind us and a recession "somehow magically " happened last year.

☆ Biden awards Presidential Citizens Medals on two-year anniversary of Jan. 6 Capitol riot
▼ + stars: | 2023-01-06 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +6 min

US President Joe Biden speaks during a ceremony at the White House marking the two-year anniversary of the January 6 insurrection at the US Capitol in Washington, DC, on Friday, Jan. 6, 2023. The award ceremony at the White House was Biden's first time bestowing the Presidential Citizens Medal, which is given to Americans "who have performed exemplary deeds of service for their country or their fellow citizens." Three of the medals were awarded posthumously to officers who had defended the Capitol on Jan. 6, 2021, and died afterward by injuries or by suicide. "All of it was fueled by lies about the 2020 election," Biden said Friday, without mentioning Trump by name. The somber event at the White House was punctuated by a few moments of levity.

☆ JCPenney was once a shopping giant. Can it make a comeback?
▼ + stars: | 2022-11-27 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +14 min

People walk past a JCPenney store at the Queens Center Mall in New York in 2016. The Denver Post/Getty Images Shoppers hurry across an intersection in front of a JCPenney store in Denver in 1964. Anne Cusack/The Los Angeles Times/Getty Images Customers shop at a new JCPenney store in New York in 2009. Mary Altaffer/AP A customer goes down an escalator at a JCPenney store in Westminster, Colorado, in 2009. Don Emmert/AFP/Getty Images JCPenney CEO Jill Soltau speaks during an interview in Fort Worth, Texas, in 2019.

☆ Elon Musk tells advertisers he doesn’t want Twitter to become ‘free-for-all hellscape’
▼ + stars: | 2022-10-27 | by ( Clare Duffy | ) edition.cnn.com time to read: +2 min

New York CNN Business —Elon Musk attempted to reassure Twitter’s advertisers about the future of the platform in an open letter Thursday, a day before his $44 billion takeover of the company is expected to be completed. On Wednesday, Musk visited Twitter’s San Francisco headquarters and spoke with employees, reportedly telling them he does not in fact plan to cut 75% of Twitter’s staff, despite prior reports. Twitter’s Chief Customer Officer Sarah Personette responded to Musk’s Thursday tweet saying that she had a “great discussion” with Musk on Wednesday. “Our continued commitment to brand safety for advertisers remained unchanged,” Personette said. Musk has previously suggested that he wants to increase Twitter’s subscription revenue to rely less on ads.

☆ Rep. Mary Peltola — the 'pro-fish, pro-family, and pro-choice' Alaska congresswoman — credits her father for the encouragement she needed to defeat Sarah Palin
▼ + stars: | 2022-10-23 | by ( Isabella Zavarise | ) www.businessinsider.com time to read: +8 min

On September 13, Mary Peltola made history as the first Alaska Native sworn into Congress. Peltola told Insider she was on the fence about running until an encouraging call from her father. She's really been on my mind a lot lately," she said. Peltola is the first Alaska Native to serve in CongressOn September 13, Peltola was sworn into Congress, making history as the first Alaska Native. 'We built the table'When Dr. Michele Yatchmeneff, the Executive Director for Alaska Native Education and Outreach at The University of Alaska Anchorage found out about Peltola's win, she teared up.

☆ A day in the life of a 'billionaire's magician,' who's hired to fly around the world and entertain the elite
▼ + stars: | 2020-11-04 | by ( Robin Madell | ) www.businessinsider.com time to read: +12 min

Dan Chan has branded himself as the "billionaire's magician" — he's performed globally for the ultra-rich and their families and friends, commanding top rates for magic shows. I've been on private yachts and flown around the world to entertain celebrities, three-star Michelin-rated chefs, athletes, and movie stars. We sometimes perform together with him in charge of the kids while I entertain the adults. Corporate clients can often pay more because it's a tax write-off to entertain their staff, which helps them build their empire. For billionaire clients that hire you to entertain at a private party, the dynamic is different.

☆ I saved over $285,000 in my 20s without ever making a budget thanks to a laughably easy strategy I use instead
▼ + stars: | 2019-04-12 | by ( The Money Wizard | ) www.businessinsider.com time to read: +8 min

Then, you'll fret and stress for the next several months about whether or not you're sticking to your budget. Instead of struggling through the tedious chore of The Dreaded Budget, I simply write down what I spend. The Budget says there's one day left in the month, and I still have $100 left in my entertainment category. I encourage you to simply track what you're spending for a month or two. Either way, you'll be shocked at how quickly your savings grow when you break the chains of the budget.

Search resuls for: "flinch"

22 mentions found