DIRS.INFO The most relevant business & tech news

☆ These states are raising their minimum wages in 2023. Chart shows where workers can expect higher pay
▼ + stars: | 2023-01-01 | by ( Lorie Konish | ) www.cnbc.com time to read: +3 min

Meanwhile, 23 states and Washington, D.C., according to the Economic Policy Institute, will implement higher minimum wages on Jan. 1. States that are not seeing minimum wage hikes in 2023 still tie their base pay to the $7.25 per hour federal rate. Workers who depend on the minimum wage are also much more likely to be people of color and living in poverty. Raising minimum wages can also help increase consumer demand and put money back into local economies, said Holly Sklar, CEO of Business for a Fair Minimum Wage, a national network of business organizations, owners and executives that support higher minimum wages. "Putting needed raises in minimum wage workers' pockets [is] really the most efficient way you can boost the economy," Sklar said.

☆ Decisive Odegaard leads from front as Arsenal scale new heights
▼ + stars: | 2023-01-01 | by ( Rohith Nair | ) www.reuters.com time to read: +3 min

"(City's) Kevin De Bruyne sees it, Odegaard sees it. But I don't think any other player in the Premier League sees it open up." Having initially signed the midfielder on loan from Real Madrid, the 35 million euros ($37.46 million) Arsenal paid to make his move permanent now looks a steal. Odegaard's transformation has drawn parallels with former club captain Cesc Fabregas, who was tasked with leading the side at the tender age of 21 by ex-manager Arsene Wenger. "He has represented the values of this football club, the team... in the best possible way," Arteta said.

☆ NBA roundup: Luka Doncic posts 51 in win over Spurs
▼ + stars: | 2023-01-01 | by ( ) www.reuters.com time to read: +8 min

Keldon Johnson led the Spurs with 30 points, while Sochan added 20. Markkanen led the Jazz with 29 points and 14 rebounds, and Clarkson netted 22 points in Utah's fourth consecutive loss. Kevin Love added 20 points and nine rebounds for the Cavaliers, who survived a rough night from star Donovan Mitchell. Randle added 12 rebounds and six assists for the Knicks, who were without starters Jalen Brunson and RJ Barrett. LaMelo Ball's 23 points and 11 assists and Mason Plumlee's 22 points and 10 rebounds led the Hornets.

☆ The Brooklyn Nets Have Gotten Boring—and Brilliant
▼ + stars: | 2022-12-30 | by ( Robert O'Connell | ) www.wsj.com time to read: 1 min

Just before Christmas, the Brooklyn Nets’ Kevin Durant was asked about his team’s absence from the NBA’s holiday slate of games. Under normal circumstances, a club with two A-list stars and title aspirations would be a no-brainer inclusion. Durant acknowledged that the abnormality of the Nets’ last few months, and specifically his offseason trade request, likely had something to do with it. “I probably [am] responsible for us not playing on Christmas, with what went on this summer,” Durant said with a grin. We play on the 26th, that’s close enough.”

☆ The Brooklyn Nets Have Gotten Boring—And Brilliant
▼ + stars: | 2022-12-30 | by ( Robert O'Connell | ) www.wsj.com time to read: 1 min

☆ NBA roundup: Nets sink Cavs for 9th straight win
▼ + stars: | 2022-12-27 | by ( ) www.reuters.com time to read: +5 min

While Garland made 14 of 20 shots and finished with his fourth 40-point game of his career, Donovan Mitchell was held to 15 points. Kevin Durant scored 32 points but fouled out for the sixth time in his career when he bumped Garland with 1:54 remaining. Isaiah Stewart had 21 points, Killian Hayes tossed in 18 with 10 assists and Jalen Duren added 15 points and 12 rebounds. Bennedict Mathurin put up 15 points and Myles Turner scored 14 to lead the Pacers, who finished a 2-1 road trip. Lauri Markkanen led the Jazz with 32 points and 12 rebounds.

☆ Why tech billionaires like Elon Musk, Bill Gates, and Jeff Bezos are all investing in biotech startups that want to link your computer directly to your brain
▼ + stars: | 2022-12-21 | by ( Andrew Dunn | Hilary Brueck | ) www.businessinsider.com time to read: +8 min

Tech moguls like Elon Musk, Jeff Bezos, and Bill Gates are investing in brain-implant startups. Through their venture-capital funds, Jeff Bezos and Bill Gates both recently backed the Brooklyn, New York, startup Synchron, which has tested its brain stent in seven humans. Peter Thiel, a billionaire cofounder of PayPal, invested last year in Utah's Blackrock Neurotech, an older BCI startup that has said it hopes to apply for Food and Drug Administration approval soon. That long-term potential has caught the attention of tech billionaires like Musk, Gates, and Bezos. No BCI startup has gone public, and most of their fundraising rounds have been modest compared with larger and more-mature biotechs.

☆ Top government ethics officer was late disclosing his personal finances on multiple occasions
▼ + stars: | 2022-12-20 | by ( Kimberly Leonard | ) www.businessinsider.com time to read: +9 min

The attorney, Office of Government Ethics General Counsel David Apol, missed deadlines to report at least 12 different bond transactions since 2015. Improperly reporting purchases and sales of bonds or stocks is a violation of the 2012 Stop Trading on Congressional Knowledge Act, or STOCK Act. Officials are only required to report transactions in broad ranges. Democratic Rep. Abigail Spanberger of Virginia has been one of the lead proponents in Congress of reforming the STOCK Act. Congress this year discussed changes to the STOCK Act and the US House even held a hearing following the publication of "Conflicted Congress."

☆ The FTX disaster has set back crypto by 'years' — here are 3 ways it could reshape the industry
▼ + stars: | 2022-12-19 | by ( Ryan Browne | ) www.cnbc.com time to read: +5 min

It aims to reduce the risks for consumers buying crypto, making exchanges liable if they lose investors' assets. The saga has set back adoption of crypto assets by "one or two years," according to Evgeny Gaevoy, founder and CEO of crypto market maker Wintermute. ConsolidationMany new companies and projects emerged in the years that followed the 2018 crypto winter — FTX among them. Marieke Flament, Near's CEO, said the firm had limited exposure to FTX — though the collapse was still "a surprise and a shock." Fears have risen over the financial health of other major crypto exchanges after FTX's failure.

☆ NBA roundup: Nikola Jokic's 27 boards help Nuggets dispatch Hornets
▼ + stars: | 2022-12-19 | by ( ) www.reuters.com time to read: +6 min

The only other player in NBA history to have at least 37 points, 27 rebounds and 10 assists in a single game was Wilt Chamberlain. Charlotte got within two on Washington's dunk with 13.5 seconds left but Jokic sealed it with two free throws. A steal by Killian Hayes and a 3-pointer by Bogdanovic with 40 seconds left cut Brooklyn's lead to one. JaMychal Green contributed 15 points and Kevon Looney had 11 points and 11 rebounds. Malcolm Brogdon's corner trey with 56.2 seconds left brought the Celtics within 93-92.

☆ 12 media executives anonymously predict 2023's biggest deals, trends and changes
▼ + stars: | 2022-12-18 | by ( Alex Sherman | ) www.cnbc.com time to read: +5 min

Candle Media has acquired intellectual property assets including Reese Witherspoon's Hello Sunshine production company and Moonbug, which owns the animated kids series "CoComelon." Executive 3: Iger extends his contract There's been lots of speculation over who Iger will choose as his successor. History suggests he has a hard time leaving the role of Disney CEO. Christine M. McCarthy, Senior Executive Vice President and Chief Financial Officer The Walt Disney Company. "I love Shari [Redstone], but ViacomCBS is not long for this world as it stands today," said a media executive last year.

☆ 24 top sports managers and agents helping athletes from LeBron James to the Cavinder twins build successful careers as content creators
▼ + stars: | 2022-12-15 | by ( Colin Salao | Ashley Rodriguez | Elaine Low | ) www.businessinsider.com time to read: +3 min

Stars like LeBron James and Kevin Durant have shown that athletes can build lucrative media businesses. Meet the people helping athletes tell their stories and build their brands off the field or court. Many of these athletes are driven by the behind-the-scenes work of their talent managers and agents. Insider is highlighting for the first time those talent managers and agents who are guiding athletes as they build successful careers in entertainment and content creation. These people are helping athletes elevate their social content, strike brand deals, launch podcasts, or break into TV and film.

☆ DeVante Parker: NFL says it is reviewing an apparent head injury incident during Monday's Patriots game
▼ + stars: | 2022-12-14 | by ( Kevin Dotson | ) edition.cnn.com time to read: +27 min

CNN —The NFL and the NFL Players Association are looking into an incident in which an apparent head injury to New England Patriots wide receiver DeVante Parker seemingly went unnoticed by medical staff and spotters, league spokesman Brian McCarthy tells CNN. Jeff Dean/AP Los Angeles Chargers wide receiver Mike Williams catches a pass against Miami Dolphins cornerback Xavien Howard on December 11. Marcio Jose Sanchez/AP Minnesota wide receiver Justin Jefferson dives for a two-point conversion during the Vikings' 29-22 victory over the Chicago Bears. Gerald Herbert/AP Indianapolis Colts wide receiver Michael Pittman Jr. is tripped up by Denver Broncos cornerback K'Waun Williams. Gary A. Vasquez/USA Today Sports/Reuters New Orleans Saints wide receiver Michael Thomas makes a reception against Atlanta Falcons cornerback A.J.

The councilman has defied demands for his resignation and attended last week’s meeting, amid vociferous protests, “to get back to work,” he told CNN’s Kate Bolduan before the meeting. Calls for de León’s resignation have continued since October, when audio of a year-old conversation between de Léon and fellow council members was posted anonymously on Reddit and obtained by the Los Angeles Times. Much of the conversation focused on maps proposed by the city’s redistricting commission and the council members’ frustration with them, but it also featured racist remarks about a fellow council member’s Black son and about Oaxacans. “I shouldn’t have said what I said,” de León told CNN on Tuesday, clarifying his remarks comparing White colleague Mike Bonin’s Black child to a designer handbag. De León pointed to his body of work, including his work on environmental issues and advocacy on behalf of undocumented immigrants.

The city's homelessness crisis, both an incubator for street crime and a corollary to skyrocketing housing costs, touches almost every facet of life in L.A., even when it's just a backdrop. Bass vowed Sunday to attack it head-on by declaring a citywide state of emergency, an idea that had been circulating through City Hall since at least 2015. Bass is promising a new day and inspiring L.A.'s guardians to forget about the bickering, at least for a moment. "Where there’s will, there’s women," she said. "And where there’s women, there’s forever a way."

☆ Los Angeles Police Investigate Altercation Involving Council Member
▼ + stars: | 2022-12-10 | by ( Kate King | ) www.wsj.com time to read: 1 min

Los Angeles police are investigating an altercation between activists and a City Council member became physical Friday evening. Kevin de León , the council member, has been facing calls to resign since October, when an audio recording was released in which he and two other council members, all Democrats, discuss how to redraw districts in a way that would be politically advantageous to Latinos while sidelining other groups, including Black Angelenos.

☆ 5 key takeaways from Xi’s trip to Saudi Arabia
▼ + stars: | 2022-12-10 | by ( Nadeen Ebrahim | ) edition.cnn.com time to read: +11 min

Here are five key takeaways from Xi’s visit to Saudi Arabia. Saudi Press Agency//ReutersDuring Xi’s visit, Saudi Arabia and China released a nearly 4,000-word joint statement outlining their alignment on a swathe of political issues, and promising deeper cooperation on scores of others. China is the world’s biggest buyer of oil, with Saudi Arabia being its top supplier. China is also keen to cooperate with Saudi Arabia on security and defense, an important field once reserved for the kingdom’s American ally. Saudi Arabia was, however, keen to reject notions of polarization, deeming it unhelpful.

☆ Kevin de Leon: Video shows LA city councimember involved in a physical altercation months after involvement in racist conversation
▼ + stars: | 2022-12-10 | by ( Shawna Mizelle | ) edition.cnn.com time to read: +3 min

Washington CNN —Los Angeles city council member Kevin de León is facing renewed scrutiny after a video surfaced online Friday night of him engaged in a physical altercation with a community activist during a holiday event. De León said in a statement Saturday that he was acting in self-defense after being headbutted by Reedy. “Video footage clearly shows him and his supporters initiating this assault while Mr. Reedy stands with his hands up. Calls for de León’s resignation have continued since October when audio of a year-old conversation between de Léon and fellow council members was posted anonymously on Reddit and obtained by the Los Angeles Times. Much of the conversation focused on maps proposed by the city’s redistricting commission and the council members’ frustration with them, but it also featured racist remarks about a fellow council member’s Black son and about Oaxacans.

“I’ll get 218,” McCarthy told CNN, referring to the votes he’d need to become House speaker. Video Ad Feedback Bash asks Pelosi if McCarthy has what it takes to be House Speaker. “I’m not going to talk about hypotheticals,” said Biggs, who lost his conference’s nomination to become speaker last month after securing 31 votes. But McCarthy’s detractors said it’s an issue very much still on the table and think he may end up needing to embrace it if he still doesn’t have the speaker votes by January 3. But he refused to rule out a scenario where his caucus would help elect the next speaker if McCarthy couldn’t get the votes.

The win ends a nearly two-year power sharing agreement, giving Democrats true majority rule. Joe Manchin of West Virginia and Kyrsten Sinema of Arizona's viselike grip on their party's priorities has loosened a bit, thanks to Georgia. Republicans will no longer be able to bottle up Biden administration nominees in committee, and select Democratic committee chairs will again be able to issue subpoenas. "Joe Manchin is a good person; he really is," Biden said Friday at a reception for the Democratic Senatorial Campaign Committee. Senate Majority Leader Chuck Schumer of New York speaks at a press conference at the Capitol on August 5, 2022.

Moore County Sheriff Ronnie Fields has said a motive for the attack — which initially plunged 45,000 people into darkness — is still undetermined as local authorities and the FBI investigate. A cryptic post“The power is out in Moore County and I know why,” Emily Rainey wrote on her Facebook page less than an hour after the electricity failed. Taylor Shook / USA Today NetworkClymer saw Rainey’s posts and began speaking with other people in Moore County, she said. Kevin Dietzel, executive director of Sunrise Theater, said the venue was also targeted on social media and with phone calls. After that, she made the decision to cancel the rest of the show to “ensure everyone’s safety” during the outage.

☆ Cameroon football chief Samuel Eto’o apologizes after ‘violent altercation’ at World Cup
▼ + stars: | 2022-12-06 | by ( Kevin Dotson | ) edition.cnn.com time to read: +1 min

CNN —Cameroonian Football Federation president Samuel Eto’o apologized for what he called a “violent altercation” with an individual he identified as “probably an Algerian supporter” on Twitter Tuesday. Several people attempt to restrain Eto’o, but Eto’o got free and appeared to kick at the person with the camera, who then fell to the ground. The Algerian Football Federation appealed to FIFA to replay the second leg of the qualifier due to accused questionable officiating, but FIFA dismissed Algeria’s request. “I pledge to continue to resist the relentless provocation and daily harassment of some Algerian supporters. CNN has reached out to FIFA and the Cameroonian Football Federation for comment.

☆ Nike basketball sales aren't expected to suffer after cutting ties with Kyrie Irving as anticipation builds for a Ja Morant signature shoe
▼ + stars: | 2022-12-06 | by ( Matthew Kish | ) www.businessinsider.com time to read: +4 min

Memphis Grizzlies star Ja Morant is expected to get the next Nike signature shoe. "When his signature shoe starts selling, it has the potential to be what Kyrie's was the first three years." Still, Burns noted Nike basketball is on the upswing, and Morant has a strong reputation. The shoe is nearly sold out on Nike's website, suggesting strong demand for performance basketball shoes and room in the market for a new signature shoe. "Nike basketball has rebounded," Burns said, citing the popularity of the GT Cut.

☆ Fanatics valuation hits $31 billion after $700 million investment round
▼ + stars: | 2022-12-06 | by ( Jessica Golden | ) www.cnbc.com time to read: +2 min

Michael Rubin's sports platform company Fanatics has raised $700 million in fresh capital, pushing its value to $31 billion, according to people familiar with the matter. In March, the company raised $1.5 billion led by Fidelity and Blackrock and Michael Dell's MSD Partners. This summer, Fanatics ventured deeper into collegiate sports, signing a long-term deal with Nike to manufacture college sports fan apparel. Rubin now has his eyes on the sports gaming market. Revenue for Fanatics, including its Lids segment, will be approximately $8 billion in 2023, according to company estimates.

☆ Nike cuts ties with Kyrie Irving
▼ + stars: | 2022-12-05 | by ( Kevin Dotson | ) edition.cnn.com time to read: 1 min

How relevant is this ad to you? Video player was slow to load content Video content never loaded Ad froze or did not finish loading Video content did not start after ad Audio on ad was too loud Other issues

Search resuls for: "Kevin D"

25 mentions found