DIRS.INFO The most relevant business & tech news

☆ WeightWatchers CEO just sent an internal memo to employees as stock crashes, amid debt concerns, Oprah exit
▼ + stars: | 2024-03-14 | by ( Eric Rosenbaum | ) www.cnbc.com time to read: +6 min

But since then WW shares have suffered heavy selling, dropping to a new 52-week low on Thursday. The stock, due to its debt load and short interest, as well as the general anxiety about the impact of the new weight loss drugs, is subject to heightened volatility. In the memo, Sistani told employees she wanted "to take a moment to address some of the breathless media coverage." WW shares closed at $1.87 on Thursday. It noted that WW was among companies from the weight loss industry involved in the TV event.

Persons: Oprah Winfrey, Sistani, Eli Lilly, Sima Sistani, Guggenheim, Oprah, Winfrey Organizations: CNBC, Nordisk, Guggenheim Partners, Guggenheim, WeightWatchers Clinic, FDA, WeightWatchers, National Museum of, ABC

☆ It might be time to rethink the smartphone — for real this time
▼ + stars: | 2024-03-14 | by ( Hugh Langley | ) www.businessinsider.com time to read: +5 min

Why do phones need apps? At this year's Mobile World Congress, the future of the smartphone and how we connect were firmly under the microscope. Deutsche Telekom and Brain.ai demoed one such instance at MWC: a smartphone with no apps. It's just an idea for now, but it's prompting an interesting question: Why assume the smartphone of the future has apps at all? But the smartphone industry is slumping, and there's a "need to invigorate the upgrade cycle," Milanesi told BI.

Persons: —, Sam Altman, There's, Altman, Jony, Meta's Mark Zuckerberg, Carolina Milanesi, Milanesi, Tom Butler, I'm, Butler, Lenovo's Butler, it's Organizations: Service, Congress, MWC, Las, CES, Deutsche Telekom, Brain.ai, Qualcomm, Bloomberg Locations: Carolina, PAU, AFP

☆ Small caps still look like good long-term play despite Russell dip, says BofA's Chris Hyzy
▼ + stars: | 2024-03-14 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSmall caps still look like good long-term play despite Russell dip, says BofA's Chris HyzyChris Hyzy, Merrill & BoA chief investment officer, joins 'Closing Bell' to discuss finding opportunity in the Russell 2000 and he offers his market playbook.

Persons: Russell, Chris Hyzy Chris Hyzy, Merrill

☆ 4 of the best practices and 4 of the worst mistakes employees make when traveling for business
▼ + stars: | 2024-03-13 | by ( Mariette Williams | ) www.businessinsider.com time to read: +7 min

This article is part of "Business Travel Playbook," a series about making the most of work travel. Business travel continues to rebound from the early stages of the pandemic as employees take more work trips. With professionals traveling more for work, Business Insider talked to three frequent business travelers about their successful habits and a few things they avoid when on the go. Eating healthily and exercisingWhile business travel can disrupt your routines, eating healthier meals and drinking plenty of water can help you feel more energized. 4 things successful business travelers avoid:1.

Persons: —, Donzella Burton, Michael Murray, Murray, I've, Anneleah Williams, Overpacking, Williams, Bridges, Overplanning, Burton Organizations: Service, Travel Association, Business, Kopin Corp, TSA, Bridges, Ireland Locations: East Coast

☆ Korea is a cheap entry point into AI and tech, says PIMCO's Erin Browne
▼ + stars: | 2024-03-13 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailKorea is a cheap entry point into AI and tech, says PIMCO's Erin BrowneErin Browne, PIMCO, joins 'Closing Bell' to discuss her investing playbook and her stock outlook.

Persons: PIMCO's Erin Browne Erin Browne Organizations: Korea

☆ US intel chief says she can’t rule out possibility that China will use TikTok to influence 2024 elections
▼ + stars: | 2024-03-12 | by ( Sean Lyngaas | ) edition.cnn.com time to read: +5 min

CNN —US intelligence officials “cannot rule out” the possibility that the Chinese government will use TikTok to influence the 2024 US elections, Director of National Intelligence Avril Haines told lawmakers on Tuesday. “We regularly take action against deceptive behavior, including covert influence networks throughout the world, and have been transparent in reporting them publicly,” a TikTok spokesperson told CNN. China is showing “a higher degree of sophistication in its influence activity,” including by experimenting with generative artificial intelligence, according to the report. The Chinese government routinely denies US allegations of election influence. “Even if Beijing sets limits on these activities, individuals not under its direct supervision may attempt election influence activities they perceive are in line with Beijing’s goals.”

Persons: National Intelligence Avril Haines, Haines, “, ”, TikTok, Christopher Wray, Wray, ByteDance, Moscow’s, Xi Jinping, Joe Biden Organizations: CNN, National Intelligence, Intelligence, U.S, Republican, Facebook, Twitter, Capitol, House Intelligence Committee, Foreign Ministry Locations: China, Russia, Iran, New York, Washington, Los Angeles, U.S, Beijing

☆ Exclusive: Ex-Truepill CEO just scored $6 million to help health plans and pharma companies ditch middlemen and work closely with patients
▼ + stars: | 2024-03-11 | by ( ) www.businessinsider.com time to read: +5 min

He's launched a new company, Foundation Health, to help them do that quickly and at a low cost. Foundation aims to make it easy for insurers to set up their own online pharmacies and pharma companies to sell drugs directly to consumers. "The main focus area for us is to help health plans disintermediate PBMs," Afridi said. Foundation Health wants to help customers ditch big PBMsFoundation's software enables a few different things. Finally, direct-to-consumer health companies can plug into Foundation's technology to power their services, instead of building their own pharmacies and hiring doctors.

Persons: Umar Afridi, disruptors, Afridi, He's, disintermediate, Garry Tan, Y, they've, pocketing, Eli Lilly's, Jack Altman Organizations: California, Cuban, Plus, Business, Foundation Health, Foundation, pharma, Alt, Liquid Ventures, Exceptional, Storm Ventures, PageOne Ventures, Federal Trade Commission Locations: drugmakers

☆ Bradley Cooper capped off his failed Oscar campaign by getting roasted on 'Abbott Elementary'
▼ + stars: | 2024-03-11 | by ( Olivia Singh | ) www.businessinsider.com time to read: +6 min

"Maestro" star Bradley Cooper lost the Oscar for best actor to "Oppenheimer" actor Cillian Murphy. Cooper, a Pennsylvania native, plays himself on 'Abbott Elementary'Bradley Cooper with the cast of "Abbott Elementary" on season three, episode six. Advertisement"I wasn't in 'Oppenheimer,'" Cooper responds, with a skeptical Ava asking, "Are you sure? The movie nabbed several Oscar nominations, including best actor, best actress, and best picture. He received rave reviews for his portrayal, was a frontrunner for best actor, and won the award on Sunday.

Persons: Maestro, Bradley Cooper, Oscar, Oppenheimer, Cillian Murphy, Cooper, Abbott, —, Cooper's Oscar, Leonard Bernstein, Willard R, Melissa Schemmenti's, Lisa Ann Walter, Khalil, Melissa, I'm, Johnson, William Stanford Davis, he's, Ava Coleman, Janelle James, Barbara Howard, Sheryl Lee Ralph, Janine Teagues, Quinta Brunson, Ava, Carey Mulligan, Felicia Montealegre, Jason McDonald, Netflix Cooper, , Irina Shayk, Dax Shephard's, Emma Stone, Netflix Murphy, Christopher Nolan's, Ryan Gosling, Ken, Billie Eilish, Bradley Organizations: Service, Abbott, ABC, Guardians, Marvel, Netflix, Academy Locations: Philadelphia, Pennsylvania, Philly

☆ New AI and 5G advancements will usher in the era of edge computing on smartphones, autonomous cars, and more
▼ + stars: | 2024-03-11 | by ( Hugh Langley | ) www.businessinsider.com time to read: +5 min

The AI boom is breathing life into edge computing, which moves data processing away from the cloud. Artificial intelligence is driving us into the era of edge computing — two words you should expect to hear more in the coming months and years. Now they're expanding to edge computing, which refers to moving more of the computation closer to the user (the "edge" of the network). Amazon had eyed edge computing as a billion-dollar business, Business Insider previously reported. Jillian Kaplan, the head of global 5G at Dell, said during an MWC panel that edge computing will be a "huge energy saver."

Persons: —, Jim Poole, Poole, Aly Song, MediaTek, Tom Butler, I'm, Jillian Kaplan, Kaplan Organizations: Service, Tech, 5G, Business, Mobile, Congress, MWC, China, Lenovo, Google, Dell Locations: Barcelona, Equinix, Shanghai

☆ Opinion | There Is a Secret Hamiltonian in the White House
▼ + stars: | 2024-03-10 | by ( Jacob Soll | ) www.nytimes.com time to read: +2 min

President Biden has been called a lot of things, but Hamiltonian is not usually one of them. In spite of his economic successes, hardly anyone has thought to compare the president to the architect of the American economy. And yet, more than any president in generations, Mr. Biden shares Alexander Hamilton’s fundamental vision for the country: America needs a strong industrial strategy to support its long-term security. Mr. Biden’s CHIPS and Science Act and his Inflation Reduction Act reflect this idea. In spite of this, by all indications, the policies seem to be working, and Republican states are benefiting.

Persons: Biden, Alexander, ”, George Washington, It’s, Hamilton Organizations: Treasury Locations: America, Ohio, South Carolina , Tennessee, Texas

Credit Credit... The focus was a sign of how political the president’s address had been — and how central Mr. Trump is to Mr. Biden’s own political future. Video transcript Back bars 0:00 / 0:56 - 0:00 transcript In its decision to overturn Roe v. Wade, the Supreme Court majority wrote the following. Image Mr. Biden spoke at times in what seemed a near-shout during his State of the Union address. The morning of the State of Union began with an ad from Mr. Trump’s super PAC questioning if Mr. Biden would live to 2029.

Persons: Biden, Donald Trump, Trump, Biden’s, ’ —, Troy Nehls, Kenny Holston, —, Vladimir V, Putin, ”, Mr, Marjorie Taylor Greene, Doug Mills, heckles, Greene, “, Laken Riley, — Laken Riley, legals —, ’ Mr, Kate Cox, Latorya Beasley, Jill Biden, Roe, Wade, We’ll, we’ll, ” Roe, I’ve, chuckles, I’m, We’ve, we’ve, Nancy, Donald Trump Jr Organizations: Union, Capitol, Mr, New York Times, Republican, Credit, Associated, New York, Republicans, Democratic, Alabama, State of Union, Trump’s Locations: Wilmington, Russia, Europe, Russian, China, Georgia, Venezuelan, Texas, Alabama, America

☆ Rivian pulled off a Steve Jobs moment with its surprise announcements
▼ + stars: | 2024-03-08 | by ( Camilo Fonseca | ) www.businessinsider.com time to read: +2 min

Rivian's "one more thing" was a nod to Steve Jobs' habit of teasing a last product reveal at events. Scaringe stunned his audience with the reveal of the R3 midsize crossover, catching the audience by surprise. That comment — and perhaps the whole surprise reveal — was a thinly veiled reference to Apple cofounder Steve Jobs' habit of making last-minute product announcements, introducing "one more thing" after seemingly finishing his keynote speech. AdvertisementBut the R3 wasn't the only surprise that Scaringe had up his sleeve, who added that "there's one more thing." The Rivian R3X performance variant Elliot Ross Studio, INCWith his double-surprise reveal, Scaringe seems to have taken Jobs' penchant for theatricality to heart.

Persons: RJ Scaringe, Steve Jobs, Scaringe, —, Rivian, Tim Cook's, Elliot Ross Organizations: Service, Apple, Apple Watch, Air, MacBook, Elliot Ross Studio, INC

☆ Gap shares pop as company's holiday earnings blow past estimates, Old Navy returns to growth
▼ + stars: | 2024-03-07 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +5 min

In this article GPS Follow your favorite stocks CREATE FREE ACCOUNTA general view of an Old Navy store. Sales at Old Navy grew 6% to $2.29 billion, and Gap's overall gross margin surged 5.3 percentage points to 38.9% thanks to fewer markdowns and lower input costs. The extra week contributed about four percentage points of growth during the fiscal fourth quarter, the company said. Last month, Gap announced it had tapped fashion designer Zac Posen to be its creative director and Old Navy's chief creative officer. "His role as chief creative officer at Old Navy is really to harmonize, orchestrate and dial up the storytelling across product and marketing."

Persons: Richard Dickson, We're, Dickson, It's, he's, Zac Posen, isn't, He'll, they've, Eric Chan, Amy Thompson, Mattel's Organizations: Old Navy, Inc, Navy, LSEG, CNBC, Mattel, LA Clippers Locations: Posen

☆ Barbie is the blueprint as Mattel seeks to revitalize American Girl, Fisher-Price
▼ + stars: | 2024-03-07 | by ( Sarah Whitten | ) www.cnbc.com time to read: +6 min

This is especially important for the company's Fisher-Price and American Girl brands, which have been in the midst of their own transformations for several years. In just the last year, net global sales for American Girl were down 9%. When it comes to to the American Girl brand, Kreiz admits that the challenges "were not product driven," but rather an issue with its commercial strategy. American Girl doll by Mattel Source: Mattel"We think there's some real opportunities to continue to grow the brand and extend the story that exists within American Girl thoughtfully, and we want to do it authentically," said Silverman. Mattel executives remained tightlipped about what to expect from an upcoming American Girl movie, which currently does not have a release date.

Persons: Barbie, Ynon Kreiz, Fisher, Price, Kreiz, He's, Greta Gerwig, Josh Silverman, Margot Robbie, It's, company's Fisher, Capital, Mattel, Silverman, Lisa McKnight Organizations: Warner Bros, Mattel, Barington Capital, American Girl, CNBC, Sinfonietta, Sunday's, American, Fisher, Disney, Paramount Locations: American

☆ Election trading playbook: Watch these stocks as Trump secures Republican nomination
▼ + stars: | 2024-03-07 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +3 min

Despite Trump facing legal issues on multiple fronts, including a federal indictment that alleges he illegally conspired to discount votes in the 2020 election, he appears to be cruising to the Republican nomination once again. Raymond James was listed by Goldman and in Barclays' Trump stock basket, according to the Jan. 30 note. A Trump term could benefit energy giants such as Chevron , but also smaller players such as Devon Energy or coal companies such as Peabody Energy , according to Goldman. Another group of industrial companies could get a piece of government spending from expansion of the Mexico border wall under a second Trump administration. Caterpillar was one of the companies involved previously, according to Goldman.

Persons: Donald Trump, Nikki Haley, Trump, Goldman Sachs, Jan Hatzius, Venu Krishna, Goldman, Wells, Piper Sandler, Raymond James Organizations: Trump, Republican, Barclays, Federal Trade Commission, Boston, Vertex Pharmaceuticals, Energy, Republicans, Chevron, Devon Energy, Peabody Energy, Steel Dynamics, Broadcom, Caterpillar Locations: China, Cleveland, Mexico

☆ My mother didn't act like a typical grandma, and it was exactly what my son needed
▼ + stars: | 2024-03-07 | by ( Sunita Theiss | ) www.businessinsider.com time to read: +4 min

At first, my mom didn't seem too excited about my newborn son — her first grandchild. I expected her to be a devoted grandmother, instead she had a full social calendar. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . I had no idea that in just a few short years, this would be exactly what my son needed. AdvertisementFriends and loved ones struggled to understand our changed parenting strategy, approach to discipline, and interactions with our son.

Persons: —, potty, we'd, it's Organizations: Service

☆ Three Fed rate cuts may be highly unlikely, says Wells Fargo's Chris Harvey
▼ + stars: | 2024-03-06 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThree Fed rate cuts may be highly unlikely, says Wells Fargo's Chris HarveyChris Harvey, Wells Fargo head of equity strategy, joins 'Closing Bell' to discuss sector strategies and his market playbook.

Persons: Wells, Chris Harvey Chris Harvey Locations: Wells Fargo

☆ Target launches paid membership program as it chases new revenue streams
▼ + stars: | 2024-03-05 | by ( Melissa Repko | In Melissa-Repko | ) www.cnbc.com time to read: +3 min

Target on Tuesday said it will launch a paid membership program next month, riffing off the playbook of its rivals Amazon and Walmart . The paid membership tier will launch in early April and initially cost $49 per year, Sylvester said. Customers who have a Target Circle credit card will be able to pay the lower price of $49 per year beyond that. The retailer will also relaunch its free Target Circle loyalty program, which debuted in 2019, to make it easier to use and more personalized. It costs $98 per year or $12.95 per month, with perks like free shipping, free grocery deliveries for orders of at least $35 and gas discounts.

Persons: riffing, Cara Sylvester, Sylvester, Jeff Bezos, Doug McMillon, John David Rainey Organizations: Amazon, Walmart, CNBC PRO Locations: New York City

☆ Laffer Tengler CEO: Take out the '94 playbook for what the Federal Reserve will do
▼ + stars: | 2024-03-05 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLaffer Tengler CEO: Take out the '94 playbook for what the Federal Reserve will doNancy Tengler, Laffer Tengler Investments CEO, joins 'Money Movers' to discuss why equity market performance resembles the 1990s, how Tengler would play the market, and the differences in today's market compared to the '90s.

Persons: Nancy Tengler, Tengler Organizations: Federal Reserve, Tengler

☆ James Keyes' daily routine: The schedule of the former 7-Eleven CEO who flew his own plane for business trips
▼ + stars: | 2024-03-04 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +6 min

James Keyes, who spent over two decades at 7-Eleven, served as CEO from 2000 to 2005. As CEO, Keyes told Business Insider he had long workdays and slept around five hours a night. "Basically, a big portion of the CEO's job is communications," Keyes said. So, if it wasn't a sampling day, he'd usually have a salad brought in, and eat it between meetings. He'd usually start winding down by 11 p.m., spending the last hour of his day reading materials in preparation for the morning.

Persons: —, isn't, James Keyes, Keyes, he's, Sam Walton's playbook, you've, he'd Organizations: Service, Business, Walmart, Foods Locations: Dallas

☆ Former Twitter execs say Elon Musk still owes them $128 million in severance
▼ + stars: | 2024-03-04 | by ( Geoff Weiss | ) www.businessinsider.com time to read: +3 min

Four former Twitter execs, including ex-CEO Parag Agrawal, are suing Elon Musk over their severance. Musk has previously said he fired the execs for cause and doesn't owe severance. AdvertisementFour former Twitter lieutenants who were fired following Elon Musk's 2022 takeover are now suing him, claiming unpaid severance. They are collectively asking for $128 million, according to the federal lawsuit filed Monday in California obtained by Business Insider. This isn't the only severance-related suit Musk and X have faced.

Persons: Parag Agrawal, Elon Musk, Musk, —, Elon Musk's, Ned Segal, Vijaya Gadde, Sean Edgett, Agrawal, Segal, Gadde, Walter Isaacson, I've Organizations: Twitter, Service, Business, Wall Street, Elon, Reuters Locations: California

☆ We're hitting an inflection point for all of retail, says JPMorgan's Matthew Boss
▼ + stars: | 2024-03-04 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe're hitting an inflection point for all of retail, says JPMorgan's Matthew BossMatthew Boss, JPMorgan equity research analyst, joins 'Closing Bell' to discuss his bull case for Macy's and his overall retail playbook.

Persons: JPMorgan's Matthew Boss Matthew Boss, Macy's

☆ Inside Smashmallow, Silicon Valley's Failed Marshmallow Startup
▼ + stars: | 2024-03-03 | by ( Adam Rogers | ) www.businessinsider.com time to read: +20 min

"We wanted a marshmallow to have a little bite to it, not just be a foamy air," he says. Jon Sebastiani, Smashmallow founderSmashmallow had a killer brand — but the product was still basically being made one batch at a time, on kitchen counters. If Smashmallow couldn't produce enough marshmallows, Tanis wouldn't get its dough. The thing is, even though Smashmallow failed, Sebastiani didn't. "In that industry, a snackable marshmallow is a Smashmallow, like a copy machine is a Xerox," says Kwasniewski.

Persons: Jon Sebastiani, Sebastiani, Krave, jonesing, marshmallows, Liam Eisenberg, aerated, Cook, Jens Hoj, Hoj, Smashmallow, he'd, It's, Theranos, wasn't, Elizabeth Holmes, Tanis, Wolfgang Confectioners, Smashmallow Smashmallow, Wolfgang, Tanis wouldn't, Smashmallow couldn't, Richard Hartel, Sebastiani didn't, David Kwasniewski, Kwasniewski, Smashmallows, it's, Adam Rogers Organizations: Hershey, Michelin, BI, Kraft, Target, Walmart, Doumak, Workers, University of Wisconsin, Area, Xerox, marshmallows, Business Locations: Paris, California, Sonoma, Hershey, Silicon Valley, Los Angeles, Hobart, Chicago, Las Vegas, Netherlands, Tanis, Pennsylvania, America, Sonoma Capital, Smashmallow, Santa Rosa, San Francisco, Colorado, North America

☆ Mayorkas fires at Capitol Hill as Biden privately weighs new border action: ‘Congress needs to get a spine’
▼ + stars: | 2024-03-03 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +3 min

Officials told NBC News in February that Biden is thinking about implementing harsher asylum standards without Congress. Mayorkas' comments adhere to the White House's current playbook on the border crisis: Publicly condemn Capitol Hill's deadlock on border policy while privately, the president weighs executive border actions. Both Biden and Trump visited southern border towns on Thursday, each attempting to play offense on the issue. That sent border policy reform back to the drawing board after already months-long negotiations. As border legislation remains at a stalemate in Congress, the Biden team is looking for a border victory without Capitol Hill's help.

Persons: Alejandro Mayorkas, Joe Biden, Joe Biden's, Mayorkas, Biden, Donald Trump, Trump, we're, Sen, J.D, Vance Organizations: Homeland, Sunday, Republican, NBC News, NBC, House Republicans, Publicly, Capitol, Biden, GOP, Republicans, Fox News, White Locations: U.S, Mexico, Brownsville , Texas, Brownsville

☆ Don't want Russia to successfully invade your country? Then do this.
▼ + stars: | 2024-03-02 | by ( Michael Peck | ) www.businessinsider.com time to read: +8 min

Even though Russia may dwarf a small state, that doesn't guarantee a successful airport seizure. AdvertisementHere's some advice for nations who don't want Russian troops as uninvited guests: Guard your airport. However, other Russian airport takedowns have been largely successful. Stringer points to a special airport defense regiment that Switzerland stationed at Zurich Airport during the Cold War, as a good model. "Understanding and delineating the sequence of events Russia has historically used to initiate a coup and devising countermeasures to thwart these actions may prove critical in defending against the next Russian invasion."

Persons: —, Russia's, Kevin Stringer, Heather Gregg, Stringer, Hafizullah Amin, Amin, playbook, Michael Peck Organizations: Service, Guard, Kremlin, West, Institute ., Air, US Army, Russian, Spetznaz, Russian Defense Ministry Press Service, Rapid, Brigade, National Guard, Antonov, Zurich Airport, United States, 75th Ranger Regiment, Air Force, CIA, Hostomel, Defense, Foreign Policy, Twitter, LinkedIn Locations: Hostomel, Russia, Kyiv's Hostomel, Ukraine, Institute . Moscow, Prague, Kabul, Sevastopol, Kyiv, Ukrainian, Warsaw, Czechoslovakia, Baltic States, Moldova, Georgia, Russian, Switzerland, Zurich, Europe, Finland, Sweden, Forbes

Search resuls for: "playbook"

25 mentions found