DIRS.INFO The most relevant business & tech news

A child looks at toys in a Target store ahead of the Thanksgiving holiday and traditional Black Friday sales in Chicago, Illinois, U.S. November 21, 2023. Toys, games and hobby gear are on track to be less expensive this holiday season for the first time since 2020, while sporting goods prices are down this holiday for the first time since 2018, data from the Bureau of Labor Statistics (BLS)showed. Walmart WMT.N said prices of general merchandise - clothing, electronics, furniture - had declined by low to mid-single-digit percentages versus last year, enabling the retailer to cut prices this holiday season. Black Friday discounts are 30% to 50% at major retailers and could go deeper later in the season. "You're going to see margin compression and potentially lower sales," said Simpson, whose firm holds shares in Walmart and Home Depot.

Persons: Vincent Alban, Barbie, Walmart WMT.N, it's, ”, Christina Hennington, Jessica Ramirez, Jane Hali, Jeffrey Roach, Kevin Simpson, Simpson, Siddharth Cavale, Amina Niasse, Jonathan Oatis Organizations: REUTERS, Bureau of Labor Statistics, Reuters Graphics Reuters, Walmart, Associates, LPL, Wayback Machine, Dick's Sporting, Reuters, Wealth, Target, Home Depot, Thomson Locations: Chicago , Illinois, U.S, Macy's, New York

☆ Rivian is the real winner in Elon Musk's latest drama
▼ + stars: | 2023-11-21 | by ( Nora Naughton | Grace Kay | ) www.businessinsider.com time to read: +5 min

Some Tesla owners said they'd ditch his car company in favor of Rivian as a result. AdvertisementAs Tesla CEO Elon Musk once again courts controversy on his social media platform X, rival EV startup Rivian stands to gain from the fallout. Other angry Tesla owners we spoke with also mentioned considering legacy brands like Ford's Mustang Mach-E or Volkswagen's ID.4. AdvertisementIn response, earlier this year some Tesla owners began putting bumper stickers on their EVs denouncing the CEO . In January, a handful of Tesla owners told Business Insider they'd ditched Tesla over Musk's antics .

Persons: Elon Musk, Tesla, —, Musk, Ross Gerber, Robert Kuhn, Kuhn, I've, Rivian, Joe Biden, they'd, Dan Ives, Ives, – Organizations: Rivian, Service, EV, Business, Tesla, Bloomberg, Twitter

And for newly minted Speaker Mike Johnson, the fight ahead marks a major test – and one that foretold his predecessor’s loss of the gavel. Instead, to the frustration of a handful of House Republicans who have already expressed opposition to the measure, it extends current funding levels set under former House Speaker Nancy Pelosi. It’s nearly the same set of circumstances that tested former House Speaker Kevin McCarthy just months ago – and precipitated his ouster, posing a major test for the new speaker. Adding to Johnson’s difficulties was a commitment from House Democrats to oppose anything but a clean continuing resolution. But lawmakers ultimately coalesced around a last-minute House continuing resolution that angered House conservatives and dealt McCarthy his final blow.

Persons: Mike Johnson, Johnson –, Johnson’s, ” Johnson, Nancy Pelosi, It’s, Kevin McCarthy, Johnson, there’s, ” Sen, Chris Murphy, Chuck Schumer, Schumer, McCarthy Organizations: Jan, Republicans, House Democrats, Connecticut Democrat, NBC Locations: Connecticut

☆ How to Get a 401(k) Match for Your Student Loan Payments
▼ + stars: | 2023-10-16 | by ( Aly J. Yale | ) www.wsj.com time to read: +5 min

By Aly J. YaleAfter a three-year reprieve, federal student loan payments resumed in October for more than 40 million Americans. In fact, in a recent survey 22% of student loan borrowers said they would need to reduce their retirement savings to make room for their renewed payments. Thanks to a provision in the Secure 2.0 Act, legislation aimed at improving retirement benefits nationwide, in 2024 employers will be able to start counting student loan payments as qualifying contributions toward retirement matching programs. That means if your employer offers to match your 401(k) contributions, you could get that matched money without ever depositing funds in your retirement account. However, if staying on top of your student loan payments has stopped you from leveraging your employer’s matching program—or contributing to your retirement account entirely—a student loan matching benefit can help you start saving.

Persons: Aly J, ”, Joelle, Jesse Moore, Sara Vipond, Mercer, ” Vipond, —, You’ll Organizations: Yale, Financial, Fidelity Investments, “, Treasury Department, Secure Locations: Framingham, Mass

☆ 3D-weaving tech that uses body-scan data from shoppers could mean a better fit, fewer returns, and a zero-waste future for fashion
▼ + stars: | 2023-10-12 | by ( Jake Hall | ) www.businessinsider.com time to read: +10 min

But 3D manufacturing, including printing and weaving, is helping create a zero-waste future. AdvertisementAdvertisementIn the late 1990s, the designer Issey Miyake unleashed his game-changing A-POC project, an early attempt at zero-waste fashion. Existing innovations are being fine-tuned daily, and creators are dreaming up ways to turn zero-waste fashion from a utopian dream into a reality. Despite these restrictions, Pasricha's designs were proof that zero-waste 3D printing was possible, especially with small designs such as buttons and jewelry. AdvertisementAdvertisementThe tech isn't there yet to ensure a zero-waste fashion industry, for various reasons.

Persons: —, Issey Miyake, Kevin Martin, Ashley Batz, Unspun, Martin, you'll, Catherine University's, Pasricha, Iris van Herpen, Martin lauds, Vega Organizations: Service, Oakland microfactory, Rhino Locations: California, Lam, — St

☆ I'm a financial dominatrix. People send me $1,500 a month to be humiliated and 'owned' – here's how it works.
▼ + stars: | 2023-10-11 | by ( Ryan S. Gladwin | ) www.businessinsider.com time to read: +6 min

Hope Vicious is a financial dominatrix whose "owned subs" send her money. Many were time wasters who didn't end up sending money, but within my first month, I was making money. But then they get all this free attention with no real intention of sending money. AdvertisementAdvertisementHow my findomme business worksSome people send money because they want to be humiliated or ignored, or I'll do a session with them. I have up to seven owned subs at a time.

Persons: Hope Vicious, —, It's, wasters, doesn't, There's, I've, I'm Organizations: Service, Twitter, Rolex, BMW Locations: Maryland

☆ Don't ask Meta's new AI dating coach your kinky sex questions
▼ + stars: | 2023-10-09 | by ( Aaron Mok | ) www.businessinsider.com time to read: +5 min

Meta's new AI dating assistant, Carter, refuses to openly discuss sex or "explicit" acts. Meta's AI dating coach comes as dating apps seek to include AI features in their platforms. AdvertisementAdvertisementMeta's conversational AI dating coach is happy to provide daters with tips on how to flirt and kiss. Insider"Sexual topics are beyond my scope," the AI chatbot said when asked why it's uncomfortable talking about specific sexual acts. AdvertisementAdvertisementThe rise of Meta's AI dating coach comes as singles turn to generative AI tools to help them land dates.

Persons: Carter, —, chatbot, it's, Gen Z, John Gottman's, Emily Nagoski's, Meta didn't Organizations: Service

☆ How 1880s technology made it possible for 2 women to travel around the world in under 80 days
▼ + stars: | 2023-10-07 | by ( Jenny Mcgrath | ) www.businessinsider.com time to read: +19 min

In 1889, journalist Nellie Bly set off on a trip around the world, trying to make it under 80 days. "You see a huge emphasis being placed on building ships that were ever faster than the previous generation of ships," Goodman said. Once aboard the train, Bly began to receive telegrams from her editors and well-wishers. "Sometimes it literally literally just says, 'Nelly Bly's train,'" Behn said. For Behn, what Bly and Bisland did remains incredible and deserve to be remembered as much as Verne's story.

Persons: Nellie Bly, Elizabeth Bisland, —, Jules Verne's, Bly, Bisland, Adrien Behn, Matthew Goodman, Elizabeth Bisland's, Victoria, Augusta Victoria, Henry Guttmann, seasickness, Behn, San Francisco —, Bettmann, Goodman, John Mix Stanley, Said, Getty Images Bly, they'd, Alfred Touchemolin's, voyaged, She'd, James Buchanan, Joseph Pulitzer's, Nelly Bly's, Jules Verne, Thomas Cook, Fogg, Nelly, she'd Organizations: Service, Cosmopolitan, Atlantic, Hulton, Western, Central Pacific, Union Pacific, Union Pacific's Overland, Rockies, Railroad, US, Ships, Suez, Getty Images, Workers, SSPL, Headquarters, Thomas Cook &, Companies Locations: London, New Jersey, New York, California, Blackwell's, of, New York Harbor, Chicago, Omaha, Utah, San, Salt, Union, Iowa, San Francisco, Midwest, Between Nebraska, Sacramento , California, Sierra Nevada, Lake Jessie , North Dakota, Washington ,, Philadelphia, Suez, Europe, Asia, Africa, Britain, India, Port Said, Egypt, Yemen, commonwealths, British, Aden, Colombo, Penang, Hong Kong, Singapore, Ceylon, Yokohama, France, Germany, America, South China, Nevada, Russian Empire, East, North America, London's, Italy, Ireland, United States, Japan, China

☆ Meet the families who are ditching America to travel abroad as digital nomads
▼ + stars: | 2023-09-28 | by ( Simone Stolzoff | ) www.businessinsider.com time to read: +16 min

At just shy of 400,000 inhabitants, Sintra is also big enough to absorb the 25 Boundless families without the expats dominating all the local haunts. At school, kids are fed organic meals made by a local chef. After school, kids from different families entertained themselves in the cobblestone streets and parks under light adult supervision. But despite some early success, Boundless Education, like the organization itself, is still very much a startup. On my last night in Sintra, the Boundless families gathered together at Praia de Maçãs, a beach 20 minutes from downtown.

Persons: Shirly, Erez Weinstein, Shirly Weinstein, Ella, Mauro Repacci, Simone Stolzoff, Edward, Jessica, —, Rekha Magon, I've, Repacci, Marcos Carvalho, Rolf E, Carvalho, Lona Alia, Alia, Elina Zois, it's, Andreas Wil Gerdes, Penguin Random Organizations: Khan Academy, Green School, Nordic Baccalaureate, North America, Penguin Locations: United States, Israel, Atlanta, Chiang Mai, Thailand, Portugal, Indonesia, Italy, Greece, Bali, Dominican Republic, Sintra , Portugal, Lisbon, Sintra, Ohio, Seattle, Italy's Tuscany, Montreal, Costa Rica, Europe, Southeast Asia, North, Praia, Maçãs, America, San Francisco

☆ European castles, private chefs, and a startup school: These families are ditching the US to live the American dream abroad
▼ + stars: | 2023-09-28 | by ( Simone Stolzoff | ) www.businessinsider.com time to read: +16 min

☆ UAW strike could buy GM time to address nagging EV issues
▼ + stars: | 2023-09-17 | by ( Paul Lienert | ) www.reuters.com time to read: +4 min

The company delivered just 1,348 Lyriqs and 47 Hummers in the second quarter, far below expectations, in part because of issues with battery module assembly. A longer strike could help GM address and potentially resolve some of those ongoing issues in its EV and battery operations, according to Sam Fiorani, vice president of global vehicle forecasting at AutoForecast Solutions. "A production stoppage could allow GM to solve bottlenecks,” Fiorani said. Wedbush auto analyst Daniel Ives said the strike was "a potential nightmare situation" for GM given it comes exactly at a key period of ironing out EV issues. In addition, the UAW strike in the United States could affect the flow of critical auto parts to GM operations in Canada and Mexico, which would hamper EV production there, Rinna said.

Persons: Jennifer Granholm, Jonathan Ernst, GlobalData, Mary Barra, Rory Harvey, Hummer, Sam Fiorani, Fiorani, GM's Barra, Bill Rinna, Daniel Ives, Ives, Rinna, GM’s Ramos, Paul Lienert, Deepa Babington Organizations: U.S . Energy, Washington Auto, REUTERS, Rights, General Motors, Ford Motor, UAW, Ford, Chevrolet Silverado, GMC Sierra, GM, GMC, AutoForecast Solutions, EV, Chevrolet Blazer, Thomson Locations: Washington , U.S, United States, Canada, Mexico, Ingersoll, Detroit

☆ Threads is temporarily blocking searches about Covid-19
▼ + stars: | 2023-09-11 | by ( Catherine Thorbecke | ) edition.cnn.com time to read: +2 min

CNN —Threads, the much-hyped social media app from Facebook-parent Meta, is taking heat for blocking searches for “coronavirus,” “Covid,” and other pandemic-related queries. News of Threads blocking searches related to the coronavirus was first reported by The Washington Post. A Meta spokesperson told CNN that the company just began rolling out keyword search for Threads to additional countries last week. Meta’s Facebook and other social media platforms faced controversy in the early part of the pandemic for the apparent spread of Covid-19-related misinformation online. Threads released its much-requested web version late last month, and its keyword search about a week ago.

Persons: “, ”, Meta, – CNN’s Clare Duffy Organizations: CNN, Facebook, The Washington Post, Meta, Twitter Locations: United States, Covid

☆ Column: US offshore wind sector faces key test after weak Gulf auction
▼ + stars: | 2023-08-30 | by ( Gavin Maguire | Thomson Reuters | Gavin Maguire Is The Global Energy Transition Columnist. He Was Previously Asia Commodities | ) www.reuters.com time to read: +5 min

REUTERS/Brian Snyder/File Photo Acquire Licensing RightsLITTLETON, Colorado, Aug 29 (Reuters) - The low interest in the first-ever auction of offshore wind farm development rights in the Gulf of Mexico marks a potentially serious setback for U.S. President Joe Biden's green energy agenda, and the U.S. offshore wind sector in general. U.S. officials had touted the auction as a key milestone in Biden's agenda to make offshore wind a cornerstone of U.S. efforts to fight fossil-fuel-driven climate change. In addition to lower wind speeds and hurricane risks, potential wind farm developers in the Gulf waters must also accommodate relatively lower local power market prices than other parts of the United States, which greatly undermines wind power earning potential in the region. As offshore wind power systems are still in their relative infancy compared with other power sources, the average cost of power generated from offshore sites can be twice the cost of that from a gas-fired plant. Without a viable offshore wind sector, those industries may now struggle to secure the quantities of green hydrogen they may be anticipating in coming decades, and so could look for ways to support the wind sector's development in the years ahead.

Persons: Brian Snyder, Joe Biden's, Biden, hesitancy, Gavin Maguire, Matthew Lewis Organizations: U.S . Coast Guard, REUTERS, Offshore, U.S ., Gulf, Shell, Reuters, Thomson Locations: Rhode, LITTLETON , Colorado, Gulf, Mexico, U.S, Louisiana, Northeast, Texas, United States, U.S . East Coast , New York, New Jersey, Gulf Coast, Gulf of Mexico, Littleton , Colorado

☆ Is America’s economy really as bad as Republican presidential candidates say it is?
▼ + stars: | 2023-08-24 | by ( Allison Morrow | ) edition.cnn.com time to read: +6 min

New York CNN —To hear Republican presidential candidates describe the US economy, you’d think it was in a deep recession, with growth and productivity choked off by President Joe Biden’s policies. The economy is strong, but most Americans say they don’t feel good about it, according to polls. HousingAnother reason voters are down on the economy: Housing affordability is at its lowest point in decades. In fact, economic growth is booming thanks to the strong labor market and resilient consumer spending. We won’t have a complete read on third-quarter economic growth until late October, but already, forecasts for GDP “are running wild on the upside,” writes Chris Rupkey, chief economist at FwdBonds.

Persons: New York CNN —, Joe Biden’s, Biden, Republicans can’t, what’s, — it’s, Jerome Powell, Trump, “, It’s, deride “, ”, Chris Rupkey Organizations: New, New York CNN, Republicans, GOP, CNN, Federal, Inflation Fox News, Wisconsin, Bureau of Labor Statistics, Federal Reserve, Trump, Biden, Corporations, FwdBonds, Atlanta Federal Reserve Locations: New York, Ukraine, America, United States

☆ Is the Fed Really Responsible For Falling Inflation? - The New York Times
▼ + stars: | 2023-08-18 | by ( Paul Krugman | ) www.nytimes.com time to read: +1 min

Around this time last year there was a lot of debate, some of it ill tempered, about who deserved blame for soaring inflation. Now most of that is gone, replaced by a debate, some of it ill tempered, about who deserves credit for the rapid decline in inflation. That is, they argue that inflation is falling because the economy is finally unsnarling the kinks created by the Covid-19 pandemic and its aftereffects. Here’s the reason for the argument: As I documented the other day, as of late last year most economists expected Fed rate hikes — which have driven mortgage rates to a 21-year high — to reduce inflation. But they expected this disinflation to come at the cost of a substantial rise in unemployment.

Organizations: Fox, Federal Reserve

☆ Roaring Back From Pandemic, Japan’s Economy Grows by 6 Percent
▼ + stars: | 2023-08-14 | by ( Ben Dooley | More About Ben Dooley | ) www.nytimes.com time to read: +3 min

Why It MattersJapan is the world’s third-largest economy, and the largest creditor by far. Covid didn’t hit Japan’s economy as hard as it did other countries. The anemic yen has been a double-edged sword for the economy, said Takahide Kiuchi, an economist at the Nomura Research Institute. “However, it could undermine consumption.”BackgroundJapan’s has long suffered from sluggish economic growth. Recent softness in China, Japan’s largest trade partner, is a particular source of worry.

Persons: didn’t, Takahide Kiuchi, ”, Japan’s, Izumi Devalier, Ms, Devalier, ” Mr, Kiuchi Organizations: Nomura Research Institute, Bank of Japan, Bank of America Locations: Japan, United States, China, Europe

Yellow's demise underscores the shift in the U.S. trucking industry from too few trucks and truck drivers during the pandemic to too many today. Most U.S. trucking companies have about 20% spare capacity in their networks, Stifel analyst Bruce Chan said in a client note on Monday. Yellow struggled for more than a decade after loading up on debt from acquisitions of rival trucking firms Roadway and USF. Still, it is not good news for Yellow's customers, which likely will face double-digit price increases when they turn that business over to companies, Chan said. "If you weren't prepared for this, it's probably a pretty tough day for you," Adamo said of Yellow's customers.

Persons: Bruce Chan, Chan, Stifel's Chan, Donald Trump, Ken Adamo, it's, Adamo, Lisa Baertlein, Marguerita Choy Organizations: Yellow Corp, Walmart, Teamsters, Forward, TFI, FedEx Freight, Dominion, Apollo Global Management, Analytics, Thomson Locations: ANGELES, U.S, USF, Los Angeles

☆ Apps Like Dipsea and Quinn are Redefining Pleasure for Women
▼ + stars: | 2023-07-31 | by ( Sarah Diamond | ) www.nytimes.com time to read: +10 min

AudioStories AreRedefiningPleasure forWomen Apps like Dipsea and Quinn have become popular destinations, particularly for some women who find them safe spaces to explore their sexuality. On average, subscribers for Dipsea are women between 18 and 34, the company said, while Quinn’s are women ages 18 to 24. I s w a l l o w e d a s m a l l m o a n . ” “ H m , c o m e h e r e t h e n . ” “ G e t i t o u t o f o u r s y s t e m s .

Persons: Quinn, Liz, Sevyn, Dipsea, Bloom, ”, Caroline Spiegel, Evan, “, ” Ms, Spiegel, Hannah Albertshauser, Michael, Albertshauser, you’re, Mal Harrison, Dominnique Karetsos, Karetsos, Dame, Gina Gutierrez, Faye Keegan, ” ‘ It’s, Liv Trexler, it’s, Trexler, “ It’s, ” Angela Sarakan, ” Olivia Taylor, that’s, ’, Ms, Taylor, Aisha Jordan, Jordan, Nicole Prause, Prause, Lone Wolf, Shannon Lin Organizations: Facebook, Center for Erotic Intelligence, Healthy, Group, Getty Images Locations: California, Germany, Brooklyn

☆ I drove a new Tesla rival that uses facial recognition and fingerprints instead of a key — but I think a regular key beats the futuristic feature 99% of the time
▼ + stars: | 2023-07-28 | by ( Tim Levin | ) www.businessinsider.com time to read: +6 min

I drove the Genesis GV60, a new Tesla rival from Hyundai's luxury brand. It's practically impossible to misplace your car keys if you buy the new Genesis GV60 SUV. The Genesis GV60. The Genesis GV60. The Genesis GV60.

Persons: Tim Levin, who's, robotically, I'm, it's, Ed Kim, Kim Organizations: Morning, Apple

☆ 401(k) plans have never been hotter. That’s changing the stock market
▼ + stars: | 2023-06-21 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +6 min

The bill, signed into law late last year, requires employers to automatically enroll all eligible workers into their retirement plans at a savings rate of 3% of salary. Americans had pension plans, Social Security benefits, and their own savings through plans like the 401(k). Those funds tend to be controlled by large asset managers. But through a process called proxy voting, large asset managers are able to vote on shareholder resolutions on behalf of their clients. Asset managers have “significant influence over company practices,” wrote shareholder advocacy group ShareAction in a recent report.

Persons: New York CNN —, That’s, ”, Dave Stinnett, What’s, ShareAction, Tesla, Torsten Slok Organizations: CNN Business, Bell, New York CNN, BlackRock, Vanguard Group, Fidelity Investments, Street Global Advisors, Vanguard, Social Security, Social, Social Security Agency, Security, Lawmakers, Blackrock, Fidelity, Boston University School of Law, Harvard Law School, Vanda Research, EV, Apollo Global Management Locations: New York, United States

☆ Netflix is reportedly plotting its first live sports event, a celebrity golf tournament that could redeem the streamer after its 'Love Is Blind' livestreaming debacle
▼ + stars: | 2023-06-13 | by ( Ashley Rodriguez | ) www.businessinsider.com time to read: +3 min

Netflix may be ready to get into live sports after its "Love Is Blind" reunion livestreaming snafu. Netflix may be looking to a sports event to prove its livestreaming chops after it fumbled a recent live reunion special of the reality show "Love is Blind." The streaming company is planning a celebrity golf event as its first foray into live sports, the Wall Street Journal reported on Tuesday. But its most recent livestreaming attempt, a reunion special for its hit reality show "Love Is Blind," was a spectacular failure. The company has yet to ink any live-sports pacts, finding success instead with docuseries around sports like Formula 1, professional golf, and professional tennis.

Persons: Chris Rock's, Greg Peters, Netflix's, Chris Rock, Peters Organizations: Netflix, Street Journal, Morning, Wall Street, Formula, ESPN

☆ Opinion: Apple Vision Pro augmented reality could change the world
▼ + stars: | 2023-06-09 | by ( Opinion Rizwan Virk | ) edition.cnn.com time to read: +9 min

CNN —It’s not surprising that Apple’s debut Monday of its $3,499 Vision Pro headset integrating virtual and augmented reality was greeted with mixed reactions, including skepticism, criticism and even lampooning. Each previous incarnation of a headset that immerses the wearer in a virtual world (called virtual reality, or VR) or lets wearers see their surroundings with virtual objects overlaid on them (augmented reality, or AR) started with overhyped expectations only to flame out. I am also doing my doctoral research on the history of virtual and augmented reality (known together as “extended reality”). These apps will be available to Vision Pro users as well. It’ll do anything your Mac or iPhone can do — and more.”And that’s why I believe that over time Apple’s Vision Pro will actually make science fiction scenarios of ubiquitous computing a reality.

Persons: Rizwan Virk, CNN — It’s, Rizwan, Tom Cruise’s, ’, Mark Zuckerberg’s, Tiago Amorim, Adrees Latif, I’m, Cathy Hackl, Samantha Kelly, I’d, Bob Iger, Tim Cook, CNN’s Kelly, Ivan Sutherland, Apple, ”, Cook, “, you’ll, Tom Cruise Organizations: Labs, MIT, Physics, Eastern, Arizona State University’s College of Global Futures, Twitter, CNN, Meta, Google, Microsoft, HTC, Samsung, Sony, Reuters, Massachusetts Institute of Technology, Apple, VR, Vision, Disney, Facebook Locations: Brazil, Manhattan , New York

☆ See inside Wave House, the legendary Malibu beach home once owned by Rod Stewart that just listed for $49.5 million
▼ + stars: | 2023-06-07 | by ( Zoe Rosenberg | ) www.businessinsider.com time to read: +2 min

A house that juts out over Malibu's coveted beach hit the market for the first time in 36 years. Rod Stewart bought it in the 1970s and sold it to record executive Mo Ostin in 1987. The house was designed to look like a set of cresting waves by California architect Harry Gesner. The Coopers were friends with California architect Harry Gesner, and commissioned Gesner to design a house for their family that encapsulated their affinity for the outdoors. The estate of Mo Ostin, the home's most recent owner and onetime record executive who's known for signing Jimi Hendrix and The Kinks, listed the property in early June for $49.5 million.

Persons: Rod Stewart, Mo Ostin, Harry Gesner, —, Gerry Cooper, Gesner, Glenn Cooper's, Cooper, Lisa Germany, Jimi Hendrix Organizations: Service, Glenn, Coopers, Malibu Colony Locations: California, Malibu, Mo

☆ What it's like to try Apple's new Vision Pro headset
▼ + stars: | 2023-06-06 | by ( Stephen Nellis | ) www.reuters.com time to read: +4 min

[1/4] Apple's Vision Pro headset is on display at Apple's annual Worldwide Developers Conference at the company's headquarters in Cupertino, California, U.S. June 5, 2023. REUTERS/Loren ElliottCUPERTINO, California, June 5 (Reuters) - Apple Inc (AAPL.O) on Monday let analysts and media, including Reuters, try its $3,499 Vision Pro headset. The Vision Pro headset has a "digital crown" similar to an Apple watch crown, which can be tapped and turned to make the display transition fluidly between the real world outside and the virtual world inside. Even when fully immersed in a virtual world, exterior cameras keep an eye out for other humans. If another person approaches the user, that person starts to materialize through the virtual world.

Persons: Loren Elliott CUPERTINO, Carolina Milanesi, Apple, Stephen Nellis, Sam Holmes Organizations: Developers, REUTERS, Apple Inc, Monday, Reuters, Apple, Creative, Meta Platforms Inc, Vision Pro, Thomson Locations: Cupertino , California, U.S, Loren Elliott CUPERTINO , California, Hollywood

☆ New York Fed says global supply chain pressures further abated in May
▼ + stars: | 2023-06-06 | by ( Michael S. Derby | ) www.reuters.com time to read: +2 min

REUTERS/Kaylee Greenlee BealNEW YORK, June 6 (Reuters) - Supply chain pressures cooled again in May, New York Fed data showed, in a development that further eased what had been one of the key factors that had helped drive surging inflation pressures around the work. The New York Fed said on Tuesday that its latest Global Supply Chain Pressure Index stood at -1.71, from the revised -1.35 for April. The report said supply chain pressures were below average in all regions of the world considered in the index. After peaking in December 2021 at a reading of 4.31, the New York Fed index has been steadily retreating as supply chain kinks generated by the coronavirus pandemic have gotten worked out. Supply chain pressures had been a key factor in pushing up inflation, which in turn drove central banks like the Federal Reserve toward aggressive rate increases to bring price pressures back in line.

Persons: Greenlee Beal, it's, Michael S, Andrea Ricci Organizations: San Antonio Shoe, REUTERS, , New York Fed, New York Fed, New, Fed, Federal Reserve, Thomson Locations: Del Rio , Texas, U.S, , New York, Great Britain, Taiwan

Search resuls for: "kinks"

25 mentions found