DIRS.INFO The most relevant business & tech news

☆ Across rural America, data center development booms as investors race to cater to artificial intelligence
▼ + stars: | 2023-07-21 | by ( Daniel Geiger | ) www.businessinsider.com time to read: +10 min

Data center development is booming and AI is expected to stoke already growing demand. Demand is sapping power grids in major markets and pushing data center development across the US. The project's neighbors include Google, Meta, Microsoft, and Amazon – all of whom have similar plans, or are already underway with major data center projects. The message came after a torrid period of growth by the data center industry in that region. Wes Swenson, Nova's CEO, said the Reno region was becoming increasingly popular for data center development because of its access to power.

Persons: Matt McCollister, Martin Peck, Lincoln Rackhouse, Peck, Blackstone, Jonathan Gray, Drew Angerer, Bard, Gray, Pat Lynch, Robbie Sovie, Sovie, Georgia Power, Skybox, Rob Morris, Morris, George Frey, Novva, Wes Swenson, Nova's, Swenson, CBRE, Lynch Organizations: stoke, Lincoln Property Company, Harrison Street, Google, Meta, Microsoft, Amazon, Lincoln, Carrier, QTS, Dominion Energy, Dominion, Washington DC, APS, QuadReal, Georgia, Reuters, Data Centers, CIM Group Locations: Ohio, New Albany, Columbus, Northern Virginia, Dallas, Phoenix, Silicon Valley, Chicago, Virginia, Loudoun County, Washington, Arizona, Southwest, Lithia Springs , Georgia, Atlanta, Vancouver, Hutto , Texas, Austin, Eagle Mountain , Utah, Reno , Nevada, Storey County, Reno, Silicon, Salt Lake City, West Jordan , Utah, CBRE

☆ Goldman brings back Tom Montag as CEO Solomon bolsters board support
▼ + stars: | 2023-07-20 | by ( ) www.reuters.com time to read: +2 min

[1/2] People walk in the Goldman Sachs global headquarters in Manhattan, New York, U.S., November 15, 2021. REUTERS/Andrew Kelly/File PhotoJuly 20 (Reuters) - Goldman Sachs (GS.N) has brought back to its fold senior executive Tom Montag, adding him to its board as the Wall Street giant looks to regain lost ground after its ill-fated foray into consumer banking. Considered to be an ally of CEO David Solomon, Montag could bolster support for the chief executive, who is looking to undo the damage from the company's high-profile flop in retail banking. "Tom brings extensive financial services and risk management experience, with over 35 years in the industry," Solomon said. "He has incredible perspective regarding the complex financial and non-financial risks that large global financial institutions face."

Persons: Goldman Sachs, Andrew Kelly, Tom Montag, Montag, David Solomon, Goldman, Tom, Adebayo Ogunlesi, Merrill Lynch, Solomon, writedowns, Saeed Azhar, Niket, Manya, Arun Koyyur, Lananh Nguyen Organizations: REUTERS, Reuters, Bank of America, Rubicon, TPG, Manya Saini, Thomson Locations: Manhattan , New York, U.S, New York, Bengaluru

☆ A top economist says the stock-market mania reminds him of the dot-com and housing bubbles - and warns consumers are feeling the squeeze
▼ + stars: | 2023-07-20 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +4 min

David Rosenberg warned the buzz around stocks today is similar to the mania before past crashes. The economist noted that American consumers are running short of cash and struggling to borrow more. The veteran economist and Rosenberg Research president also rang the alarm on the US economy in a research note on Wednesday. "The balloon does have a lot of hot air in it," Rosenberg noted, suggesting it was hard to say when speculation and emotion would cease trumping fundamentals and rational thought. That has raised borrowing costs for consumers and businesses, and wreaked havoc on debt-fueled industries such as commercial real estate.

Persons: David Rosenberg, Rosenberg, Irving Fisher, Abby Joseph Cohen, Chuck Prince's doozy, you've, Merrill Lynch Organizations: Service, Rosenberg Research, North, Nasdaq, Dow Jones, Big Tech, Consumers, New York, Federal Reserve Locations: Wall, Silicon, North American

☆ Jury awards family $800K in Chicken McNuggets burn case
▼ + stars: | 2023-07-19 | by ( Jamiel Lynch | ) 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

WASHINGTON, July 18 (Reuters) - Former U.S. President Donald Trump said on Tuesday he had received a letter from Special Counsel Jack Smith stating that he is a target of a grand jury investigation into efforts to overturn the 2020 presidential election result. Officials have testified that during his final months in office, Trump pressured them with unsubstantiated claims of widespread voter fraud. stating that I am a TARGET of the January 6th Grand Jury investigation," Trump wrote on his Truth Social media site. In his Truth Social post, Trump said Smith's office has given him "a very short 4 days" to appear before the grand jury in the probe. But he said the cumulative impact of the cases against Trump could deter some moderate Republicans and hinder his chances in the general election.

Persons: Donald Trump, Jack Smith, Trump, Joe Biden, Smith, Peter Zeidenberg, Aileen Cannon, Biden, Pat Cipollone, Mike Pence, Rudy Giuliani, Stormy Daniels, Trump's, Steve Scalise, Matt Dole, Ron DeSantis, Dole, Sarah N, Lynch, Jacqueline Thomsen, Katharine Jackson, Moira Warburton, Rami Ayyub, Nathan Layne, Doina Chiacu, Howard Goller, Daniel Wallis Organizations: Former U.S, U.S, Capitol, Biden's, Social, Republican, Democrat, Washington , D.C, White, Georgia Supreme, Trump, Trump's Republican, Thomson Locations: Former, Florida, Washington ,, New York, Georgia

☆ At N.Y.C. Police Union, Will the New Leader Be a Lot Like the Old One?
▼ + stars: | 2023-07-17 | by ( Chelsia Rose Marcius | More About Chelsia Rose Marcius | ) www.nytimes.com time to read: +1 min

Patrick Hendry, the new head of New York City’s police officers’ union, has much in common with his predecessor: Their mothers are from Ireland. They grew up in Queens, the sons of union men. And they believe a police union must defend officers, even those accused of wrongdoing. For nearly a quarter century, the booming voice of Mr. Lynch, who stepped down June 30, made the union a key player in New York politics. Now Mr. Hendry, 51, who is untested as a public figure, must decide whether he will deviate from that path.

Persons: Patrick Hendry, Hendry, Patrick J, Lynch, Rudolph W, Giuliani, Bill de Blasio, Donald J, Trump, watchdogs Organizations: Police Benevolent Association, Department Locations: York, Ireland, Queens, New York

CNN —After months of probing and multiple investigations, authorities in northwestern Oregon now believe the mysterious deaths of four young women are connected, the Multnomah County District Attorney’s Office announced Monday. “The last known area that Perry was known to frequent was downtown Portland … at the beginning of March,” the sheriff’s office said. The body of Bridget Leann (Ramsey) Webster was found on April 30 near Mill Creek, which is about 50 miles southwest of Portland, according to the Polk County Sheriff’s Office. “The last known area that Webster was known to frequent was the Portland metro area, particularly Portland, Oregon City, and Milwaukie,” the sheriff’s office said in a Facebook post. Real had been reported missing to Portland police on April 4, according to the Multnomah County District Attorney’s Office.

Persons: Kristin Smith, Ashley Real, Lynn Perry, Bridget Leann, Ramsay, Webster, ”, Melissa Smith, “, Perry’s “, Perry, Diana Allen, ” Allen, Ramsey, Real Organizations: CNN, Attorney’s, Authorities, Portland Police Department, KPTV, Multnomah County Sheriff’s, Portland …, KATU, Sheriff’s Office, Portland police, Attorney’s Office Locations: Oregon, Multnomah County, Portland, Mill, Polk, Portland , Oregon City, Clackamas County

☆ Italy's Banco BPM enters payments deal with Gruppo BCC Iccrea and FSI
▼ + stars: | 2023-07-14 | by ( ) www.reuters.com time to read: 1 min

July 14 (Reuters) - Italy's third-largest bank Banco BPM (BAMI.MI) said on Friday it agreed together with Gruppo BCC Iccrea and domestic private equity fund FSI to create the country's second largest player in the payments business. FSI, founded by former Merrill Lynch banker Maurizio Tamagnini, and unlisted bank Iccrea jointly run the BCC Pay payments business. Banco BPM partners with NEXI (NEXII.MI), Europe's biggest payments company by volume of transactions. On completion of the deal, Banco BPM said it and Iccrea will control 28.6% each of Pay Holding - which controls BCC Pay - and FSI will hold 43%. The venture will have a domestic market share of more than 10%, Banco BPM said.

Persons: Merrill Lynch, Maurizio Tamagnini, Baranjot Kaur Organizations: Banco, Gruppo BCC Iccrea, Pay, Thomson Locations: Bengaluru

☆ US resists calls by Trump to postpone trial in classified documents case
▼ + stars: | 2023-07-13 | by ( Sarah N. Lynch | Thomson Reuters | Sarah N. Lynch Is The Lead Reporter For Reuters Covering The U.S. Justice Department Out Of Washington | ) www.reuters.com time to read: +2 min

"The court should reject defendants’ invitation to defer consideration of a trial date, and should set jury selection to begin on December 11, 2023," they wrote. In a joint filing with Nauta on Monday, lawyers for both men asked Cannon to postpone their criminal trial. "President Trump is running for President of the United States and is currently the likely Republican Party nominee. Cannon initially set the trial for Aug. 14 - a date that both sides oppose because they say they will need more time to prepare. Federal prosecutors and attorneys for Trump and Nauta are due to appear before Cannon in a Florida federal courthouse on Tuesday to discuss scheduling and other logistical issues.

Persons: Jack Smith, Donald Trump, Aileen Cannon, Trump, Walt Nauta, Nauta, Cannon, Sarah N, Lynch, Howard Goller Organizations: U.S, Republican Party, Federal, Trump, Thomson Locations: Miami, United States, Florida

☆ US Justice Department launches civil rights probe into 'deeply concerning' Atlanta-area jail
▼ + stars: | 2023-07-13 | by ( Sarah N. Lynch | Thomson Reuters | Sarah N. Lynch Is The Lead Reporter For Reuters Covering The U.S. Justice Department Out Of Washington | ) www.reuters.com time to read: +1 min

Companies Us Justice Department FollowWASHINGTON, July 13 (Reuters) - The U.S. Justice Department on Thursday launched a civil rights probe into conditions at the Fulton County jail in Atlanta, Georgia that will examine whether the facility is discriminating against incarcerated people with mental illnesses, a top department official said on Thursday. "The Fulton County Sheriff has acknowledged that the main jail is dilapidated and rapidly eroding," Clarke said. "The level of violence in the jails is deeply concerning, and at one point in 2022, the jails averaged more than one stabbing per day." A medical examiner hired by his family earlier this year determined that Thompson died of complications from severe neglect to both his mental and physical health. Reporting by Sarah N. Lynch; Editing by Chizu Nomiyama and Aurora EllisOur Standards: The Thomson Reuters Trust Principles.

Persons: Kristen Clarke, Clarke, Lashawn Thompson, Thompson’s, Thompson, Sarah N, Lynch, Chizu Nomiyama, Aurora Ellis Organizations: Department Follow WASHINGTON, U.S . Justice, Civil Rights, Fulton County Sheriff, Thomson Locations: Fulton, Atlanta , Georgia, Fulton County

In one of the best Prime Day deals, the 13-inch version of the 2020 MacBook Air remains available for $749.99 at Amazon — an all-time low price and a $250 discount. We once named the 2020 MacBook Air one of the best laptops you can buy, and it's an unbeatable deal with this significant Prime Day markdown. But this deal will only last a few more hours, as Prime Day exclusives end tonight. Apple still sells the M1 MacBook Air in a new condition alongside the newer MacBook Air models that run on the more powerful M2 chip, which is a testament to the M1 MacBook Air's sustained power as a notebook, nearly three years after its release. At $250 off the laptop's $1,000 list price, an all-time low price point for this model, Amazon's Prime Day deal on the 13-inch M1 MacBook Air is an exceptional value for an older laptop that will provide years of use.

Organizations: Amazon, Intel, Apple

Before the sales end, be sure to check out this rare sale on the the Bose QuietComfort 45 headphones, regularly considered the best on the market. An exceptional $130 Prime Day deal on Bose QuietComfort headphonesWhy Bose QuietComfort headphones are perfect for travelWe love the Bose QuietComfort line of headphones because of their solid noise-canceling abilities, as well as their portability. Pro traveler Rick Steves told us he loves his Bose headphones and never travels without them. If you're looking forward to summer or fall travels and haven't upgraded your headphones in a while, Prime Day is the perfect opportunity to grab this Bose QuietComfort deal. We've tested and reviewed Bose QuietComfort earbuds and headphones, and the newest 45 model is the best yet.

Persons: Bose, Rick Steves, haven't, We've Organizations: Amazon, Bose, Sony

Organizations: Amazon, Intel, Apple

☆ Merrill Lynch to Pay $12 Million for Failing to File Hundreds of Suspicious Activity Reports
▼ + stars: | 2023-07-12 | by ( Mengqi Sun | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/merrill-lynch-to-pay-12-million-for-failing-to-file-hundreds-of-suspicious-activity-reports-227cdb07

Persons: Dow Jones, merrill, 227cdb07

☆ The global golf megamerger looks even more confounding after a 3-hour grilling in front of Congress
▼ + stars: | 2023-07-12 | by ( Cork Gaines | ) www.businessinsider.com time to read: +5 min

Big questions remain, especially as to why the PGA Tour took the Saudi money without looking elsewhere. The PGA Tour's deal with LIV Golf and Saudi Arabia's Public Investment Fund (PIF) is just an agreement to seek an agreement. This all started when LIV Golf, with golf legend Greg Norman at the lead, started offering PGA Tour players vast sums of money to jump to the new Saudi-backed golf league. The PGA Tour, a non-profit, just did not have the resources to compete with the deep pockets of the Saudis. PGA Tour Commissioner Jay Monahan has yet to testify before Congress.

Persons: LIV Golf, Greg Norman, Sergio Garcia, LIV, Chris Trotman, Sen, Richard Blumenthal, Conn, Tom Williams, Jodi Balsam, Balsam, Jay Monahan, Rob Carr, Jimmy Dunne, Eamon Lynch, Golfweek, Lynch, It's Organizations: Service, LIV, Tour, PGA Tour, Saudi Arabia's Public Investment Fund, PGA, Royal Greens, & Country Club, King Abdullah Economic, Inc, Getty, Brooklyn Law School, NBA Locations: Wall, Silicon, Saudi, Jeddah, King Abdullah, King Abdullah Economic City, Saudi Arabia, PIF

☆ FBI chief Wray defends against US House Republicans' accusations
▼ + stars: | 2023-07-12 | by ( Sarah N. Lynch | Thomson Reuters | Sarah N. Lynch Is The Lead Reporter For Reuters Covering The U.S. Justice Department Out Of Washington | ) www.reuters.com time to read: +3 min

Wray appeared before the Republican-led U.S. House of Representatives Judiciary Committee panel for the first time since former President Donald Trump was indicted for retaining highly classified documents and obstructing justice. Republicans have repeatedly accused the FBI and other federal agencies of "weaponizing" their law enforcement and regulatory powers to silence critics on the right, target political enemies and protect political allies. House Republicans have claimed without evidence that the documents case against Trump is politically motivated. "Absolutely not," replied Wray, a fellow Republican who has increasingly become the target of Republicans' wrath. "The idea that I am biased against conservatives seems somewhat insane to me, given my own personal background," Wray said.

Persons: Chris Way, Hunter Biden, Wray, Donald Trump, Joe Biden's, Hunter, General Merrick Garland, Christopher Wray, Jonathan Ernst, Matt Gaetz, Trump, Terry Doughty, Biden, Sarah N, Lynch, Scott Malone, Susan Heavey Organizations: Republicans, Republican, House, FBI, House Republicans, Trump, U.S, Federal Bureau of, Capitol, REUTERS, District, Wednesday, Thomson Locations: Washington , U.S, Louisiana, Missouri, U.S

Amazon Prime Day 2023 ends tonight, and there are many deals remaining on Samsung products, including hard drives and memory cards. For more discounts on a variety of other products, check out our best Prime Day deals live blog. Top 3 Samsung hard drive and memory card Prime Day dealsBest Samsung SSD Prime Day dealsDeal icon An icon in the shape of a lightning bolt. $27.99 from Amazon Originally $74.99 Save 63%Best Samsung portable and external hard drive Prime Day dealsDeal icon An icon in the shape of a lightning bolt. $199.99 from Amazon Originally $429.99 Save 53%Best Samsung memory card Prime Day dealsDeal icon An icon in the shape of a lightning bolt.

Persons: It's, we've, it's Organizations: Amazon, Samsung, PlayStation, Price Samsung, PRO, Nintendo

Below, you'll find our live coverage of all of the best Prime Day deals on sought-after gaming laptops, PCs, consoles, SSDs, headsets, and more. Amazon gaming deal quick links:Prime Day gaming laptop dealsDeal icon An icon in the shape of a lightning bolt. $999.00 from Walmart Originally $1,649.00 Save 39%Prime Day gaming PC dealsDeal icon An icon in the shape of a lightning bolt. $1,029.99 from Amazon Originally $1,079.99 Save 5%Prime Day SSD dealsDeal icon An icon in the shape of a lightning bolt. $469.99 from Amazon Originally $599.99 Save 22%Prime Day Nintendo Switch dealsDeal icon An icon in the shape of a lightning bolt.

Persons: That's, they're, Price, 4TB, it’s, it's, It's, we've, Price Razer, SteelSeries, Price Hori, Con, Ed, it'll, Price LG, Price Dell, You'll, Zelda Organizations: Amazon, ASUS, Intel, AMD, Razer, Walmart, Asus, Nvidia, Prime, SK, SK Hynix, Deal SK hynix, Samsung, PlayStation, Seagate, Toshiba, Price Samsung, Price Logitech, Logitech, Bluetooth, Wired, Meta, Amazon Deal, Gray, Super Nintendo Entertainment, Duo, Stratus, Nintendo, Lightspeed, Apex, Monitor Samsung, LG Locations: it's

It's day two of Amazon Prime Day and one of our favorite smartphone deals is still live. Google's Pixel 6a is one of the best Android phones on the market thanks to its stellar performance and features at a seriously low price. For those reasons, we prefer the Pixel 6A over the newer 7A. Now, thanks to one of the best Prime Day deals yet, it's an even better deal at an all-time low price of $249 on Amazon, $100 lower than its regular list price. A stellar $100 saving for Prime Day on the Google Pixel 6aThe best budget Android phone on the marketWith great features, great photo performance, and a stylish look, the Google Pixel 6a is the best budget Android phone you can buy, and one of the best Android phones for the money, period.

Organizations: Amazon Prime

The best Prime Day deals almost always include top headphones and earbuds from brands like Bose and Sony. The Bose QuietComfort 45 headphones are on sale for their lowest price ever but the deal ends tonight (or whenever it sells out). An exceptional $130 Prime Day deal on Bose QuietComfort headphonesWhy Bose QuietComfort headphones are perfect for travelWe love the Bose QuietComfort line of headphones because of their solid noise-canceling abilities, as well as their portability. Pro traveler Rick Steves even told us he loves his Bose headphones and never travels without them. If you're looking forward to summer or fall travels and haven't upgraded your headphones in a while, Prime Day is the perfect opportunity to grab this Bose QuietComfort deal.

Persons: Bose, Rick Steves, haven't, We've Organizations: Amazon, Bose, Sony

Keep reading for the best deals on Seagate storage products, and check out our list of best Prime Day hard drive deals. Deal Seagate Portable 5TB External Hard Drive This Seagate hard drive lets you store thousands of photos, songs, files, and apps in a portable package. Deal Seagate Portable 4TB External Hard Drive This portable Seagate hard drive can hold up to 4TB of data, which is enough for thousands of files. Lowest Price Seagate Expansion 16TB External Hard Drive This Seagate hard drive can hold up to 16TB of data, which is more than most actual computers can store. Deal Seagate ST8000NT001 IronWolf Pro 8TB Internal HDD Hard Drive This internal Seagate hard drive is massive and sturdy, perfect for users handling big files.

Persons: They're Organizations: Amazon, Seagate, Prime, PlayStation

Prime Day ends tonight, but you can still snag some of the best laptop deals if you act fast. Top 3 Prime Day laptop dealsThe best Prime Day Windows laptop dealsWindows laptops from Dell, HP, and more are on sale. $1,499.99 from Best Buy Originally $2,049.99 Save 27%The best Prime Day Apple MacBook dealsThere are stellar deals on several MacBook models. Deal MSI Katana 15 Gaming Laptop MSI is a top-tier PC gaming brand, and this Katana 15 laptop is more than $200 off on Prime Day. As we note in our best gaming laptops guide, a refresh rate of 165Hz is the industry standard for a high-quality gaming monitor.

Persons: There's, Crystal Cox, It's, Max, you've, Price, William Antonelli, That's Organizations: HP, Aero, Dell, Business, AMD, Amazon, Microsoft, MacBook, Apple's, ASUS, Intel, Nvidia

One of the best SSDs for the PS5 is seeing a huge discount on Amazon Prime Day. And check out our list of best Prime Day hard drive deals. The best Nextorage SSD dealsDeal icon An icon in the shape of a lightning bolt. This SSD offers 2TB of storage, and during Prime Day it's down to $112, the lowest price we've seen. It's nearly $300 off during Prime Day, which brings it to a record low price.

Persons: you'll, Nextorage Organizations: Amazon, Sony, PlayStation

Among the best Prime Day deals around, the 512GB model of Samsung's premier flagship phone, the Galaxy S23 Ultra, is now available at a $400 discount for an all-time low price of $979.99 at Amazon. Samsung is also offering $350 off the 256GB Galaxy S23 Ultra and the standard Galaxy S23 is $200 off too. Check out our full guide to the best Prime Day phone deals. Typically, the 512GB version of the S23 Ultra will cost you $1,380, which makes this $400 Prime Day discount an exceptional value. Like the Galaxy S23 and Galaxy S23 Plus, the Galaxy S23 Ultra uses the top Android processor currently available, the Snapdragon 8 Gen 2, in a version that is specially optimized to grant Galaxy S23 phones added performance.

Persons: it's Organizations: Galaxy, Samsung

Fro Prime day, the 512GB model of Samsung's latest foldable phone, the Galaxy Z Fold 4, is available at an all-time low price of $1,169.99 at Amazon. The Galaxy Z Fold 4 is one of the best Samsung phones you can buy as the company's latest and greatest foldable, and this Prime Day deal eclipses the previous lowest price for this model by $300. You can follow our live blog for all the best Prime Day deals, which cover everything from tech and entertainment to houseware and apparel. For more of our phone coverage, read our guide to the best Prime Day phone deals. A stellar $750 Prime Day deal on the Samsung Galaxy Z Fold 4The best foldable phone you can buy from SamsungThe Galaxy Z Fold 4 outclasses the other recent foldable phone from Samsung, the Galaxy Z Flip 4, as the Z Fold 4 offers a more usable exterior display and greater versatility.

Persons: there's Organizations: Amazon, Samsung, Galaxy, Galaxy Watch, Verizon, Google Locations: 120Hz

Search resuls for: "Lynch"

25 mentions found