DIRS.INFO The most relevant business & tech news

☆ Baker Mayfield leads Los Angeles Rams to improbable win 2 days after joining the team
▼ + stars: | 2022-12-09 | by ( Jill Martin | ) edition.cnn.com time to read: +3 min

CNN —After the Los Angeles Rams claimed him off waivers Tuesday, quarterback Baker Mayfield got acclimated with his new teammates very quickly on Thursday as they hosted the Las Vegas Raiders. In a sensational introduction, Mayfield led the Rams back from a 16-3 deficit, capping the game off with a 98-yard drive in a two-minute drill situation – with no timeouts – to win 17-16. Baker Mayfield throws a pass during the game between the Las Vegas Raiders and the Los Angeles Rams on December 8 at SoFi Stadium in Inglewood, CA. The drive was capped by a 23-yard Mayfield touchdown pass to Jefferson with 10 seconds left. Taylor Rapp sealed the win for Los Angeles by intercepting a Derek Carr pass with two seconds left.

☆ House passes landmark bill to protect same-sex marriages, sending it to Biden's desk
▼ + stars: | 2022-12-08 | by ( Christina Wilkie | ) www.cnbc.com time to read: +1 min

WASHINGTON — The House passed a landmark bill Thursday enshrining federal protections for same-sex and interracial marriage, sending it to President Joe Biden, who has said he looks forward to signing it into law. The Respect for Marriage Act passed the Democratic-led House in a 258-169-1 vote, as 39 Republicans joined all Democrats in supporting it. It also won bipartisan support in the Democratic-controlled Senate in late November: 12 GOP senators crossed party lines to vote for the legislation. During the summer, an earlier version of the bill won the support of 47 Republicans in the House. The version passed on Thursday contained an amendment providing additional protections for religious liberty and faith-based nonprofits, something Republicans had backed.

☆ McCarthy's struggle to lock down House Speaker roils GOP caucus, delays key committee assignments
▼ + stars: | 2022-12-07 | by ( Christina Wilkie | ) www.cnbc.com time to read: +8 min

A spokesman for McCarthy did not respond to questions from CNBC about the committee vote schedule. Instead, both sides have dug in over the past week, telling reporters they're ready to take the fight all the way to the House floor on Jan. 3. "Oh yeah, I'll take the speaker's fight to the floor," McCarthy told reporters in the Capitol recently. "The goal was never to embarrass Kevin McCarthy on the [House] floor, no one wants that," she said. It also prompted McCarthy to issue a long statement condemning her prior remarks, which he said "do not represent the values or beliefs of House Republicans."

☆ The industries with the most—and least—salary transparency
▼ + stars: | 2022-12-07 | by ( Ashton Jackson | ) www.cnbc.com time to read: +4 min

As the trend toward pay transparency continues, companies across the nation are starting to include salary ranges in their job postings – but there are some industries and organizations that lead the pack. According to recent research from Adzuna, a job search engine, the best industries for pay transparency are charitable jobs and trade/construction jobs. Adzuna also found the worst industries for salary transparency – only 1% of job postings in the travel industry include pay ranges, and retail jobs ate the least transparent at 0.5%. Paul Lewis, chief marketing officer at Adzuna, says that the fallout from trends like the Great Resignation prompted these industries to increase salary transparency as a means to attract more workers. Based on Adzuna's findings, these are the 5 best companies for salary transparency as of November 2022:1.

☆ U.S. Republican hardliner Biggs to challenge McCarthy for House speaker
▼ + stars: | 2022-12-06 | by ( David Morgan | ) www.reuters.com time to read: +2 min

REUTERS/Evelyn HocksteinWASHINGTON, Dec 6 (Reuters) - A hardline Republican U.S. lawmaker on Tuesday announced he will challenge House of Representatives party chief Kevin McCarthy for the House speakership, a prospect that could lead to party turmoil when the Republican-led chamber convenes in January. But both his allies and those of McCarthy, 57, of California, have pledged to hold multiple votes until a new speaker is chosen. Biggs, who mounted a failed bid for the House Republican speaker nomination last month, said he had decided to oppose McCarthy to "break the establishment." There was no immediate comment from McCarthy, who was nominated for the speakership over Biggs last month by 188 of his fellow Republicans. Republicans won a single-digit House majority in this year's midterm elections, a slim margin that would allow just a handful of Republican opponents to block McCarthy from becoming speaker.

☆ Egypt's index outperforms regional peers; Saudi extends losses
▼ + stars: | 2022-12-04 | by ( Shamsuddin Mohd | ) www.reuters.com time to read: +2 min

Dec 4 (Reuters) - Egypt's blue-chip index outperformed regional peers to close higher on Sunday, while Saudi and Qatari stocks slipped on weakness in the financial and petrochemical sectors. They could fall further this week after OPEC+ agreed to stick to its oil output targets on Sunday but volatility is likely to continue after G7 countries and Australia also agreed a price cap on Russian oil. Saudi Arabia's benchmark index (.TASI) fell 0.9%, with Sabic Agri-Nutrients (2020.SE) down 4.2% and Sulaiman al-Habib Medical Services (4013.SE) 1.2% lower. Separately, Saudi oil behemoth Aramco's (2222.SE) base oil subsidiary Luberef announced its IPO price range between 91 and 99 riyals each. In Qatar, the index (.QSI) finished flat, as gains in energy stocks were partially offset by losses in financial stocks.

☆ Biden administration will end monkeypox public health emergency
▼ + stars: | 2022-12-02 | by ( Spencer Kimball | ) www.cnbc.com time to read: +2 min

People line up to get a monkeypox vaccination at a new walk-up monkeypox vaccination site at Barnsdall Art Park on Tuesday, Aug. 9, 2022 in Hollywood, CA. The Biden administration will end the public health emergency declared in response to the monkeypox outbreak, as new infections have declined dramatically and vaccination rates have increased. Becerra declared an emergency in August in an effort to accelerate a vaccination and education campaign as the virus was spreading swiftly in the gay community. But infections have slowed dramatically since August, when new cases peaked at 638 per day on average. U.S. health officials have said the outbreak has slowed because vaccinations have increased dramatically, and people have changed their behavior in response to education campaigns about how to avoid infection.

☆ Kanye West owes millions all over town for unpaid contract work and music samples, lawsuits allege
▼ + stars: | 2022-11-30 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +9 min

He tried that earlier with his music and has been hit with copyright lawsuits related to sampling. And what followed was a thicket of lawsuits from people who alleged West failed to properly credit their songs when using samples for the album. Worse still, according to the lawsuit, West and his pals used "Life of the Party" to market the Stem Player. The company squandered months on the work, even relocating its headquarters to better closely work with West. In the end, the lawsuit alleged, West used a rip-off of MyChannel's e-commerce technology to sell his clothing at a concert.

☆ A finance and lifestyle YouTuber with about 20K followers explains how she built 7 income streams and how much she's earned each month this year
▼ + stars: | 2022-11-30 | by ( Shriya Bhattacharya | ) www.businessinsider.com time to read: +6 min

She started in May 2020 posting finance tips on YouTube, and now has 19,3000 subscribers. After the post about her house, her followers asked her to create a dedicated platform about building wealth. The 26-year-old also posts personal finance and lifestyle content on Instagram, where she now has 14,000 followers, and on TikTok, where she has 23,800 followers. Since January, she's made 105,654 Canadian dollars, or about $78,600, from seven streams of income, according to documentation verified by Insider. Below is a breakdown of how much money Odetoyinbo has earned in each month in 2022 so far.

☆ The world's largest cannabis companies are gobbling up beer brands and striking deals with top athletes to hawk energy drinks because they're struggling to profit off pot
▼ + stars: | 2022-11-28 | by ( Jeremy Berke | ) www.businessinsider.com time to read: +7 min

It's hard to make money in cannabis, so the world's largest cannabis companies are pivoting. The Canadian cannabis company Tilray in early November acquired Montauk Brewing Company, a New York craft-beer brewer. In a November 11 note, analysts at the investment bank Jefferies called Canopy's core Canadian cannabis business "a sideshow." Tilray's cannabis business slumps, while beer boomsLike Canopy, Tilray's core cannabis business is also declining while its beverage unit and other businesses are growing. Beyond cutting costs, it was, therefore, only a matter of time before the world's largest cannabis companies, with investors and shareholders breathing down their necks, looked elsewhere to boost their margins.

☆ Most Gulf markets track oil prices, global shares lower
▼ + stars: | 2022-11-28 | by ( Ateeq Shariff | ) www.reuters.com time to read: +2 min

Nov 28 (Reuters) - Most stock markets in the Gulf ended lower on Monday, as investors tracked sluggish oil prices and global shares after rare protests in China against the country's zero-COVID curbs roiled sentiment. China has stuck with President Xi Jinping's zero-COVID policy even as much of the world has lifted most restrictions. Saudi Arabia's benchmark index (.TASI) fell 0.5%, hit by a 2.8% fall in Retal Urban Development Co (4322.SE) and a 2.6% decline in oil giant Saudi Aramco (2222.SE). Europe's benchmark STOXX index (.STOXX) fell 0.9% in early trading after MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) fell 1.2% as COVID protests raised investors' concerns about growth implications for China. Outside the Gulf, Egypt's blue-chip index (.EGX30) dropped 0.7%, with top lender Commercial International Bank (COMI.CA) falling 0.8%.

Courtesy Roberto’s Taco Shop; LLC Courtesy Roberto’s Taco Shop; LLCMore than 70 variations have been reported across the Southwest states and the majority are owned by people who originate from the same region in Mexico that the Robledos are from. Courtesy Roberto’s Taco Shop; LLC"At first, that’s all they sold," said Reynaldo Robledo, 57, the 12th of the Robledo children. Courtesy Roberto’s Taco Shop; LLCThe restaurant initially had six combination plates and four burrito types. Outside a Roberto's Taco Shop in Nevada in 2014, when the family was in town for the gala celebration of Roberto’s 50th anniversary. Courtesy Roberto’s Taco Shop; LLCThe senior Robledo died in 1999 and Dolores died in 2020.

☆ Philippine leader hopes court will reconsider Manila power deal
▼ + stars: | 2022-11-27 | by ( ) www.reuters.com time to read: +2 min

The court allowed South Premiere Power Corp., a unit of San Miguel Corp (SMC.PS) to suspend a power supply agreement with Manila Electric Company (Meralco) (MER.PS) after the companies were prevented from raising tariffs by the regulator. "We hope that the CA (Court of Appeals) will reconsider and include in their deliberations the extremely deleterious effect this will have on power prices for ordinary Filipinos," Marcos was quoted as saying, describing the decision as "unfortunate". South Premiere and Meralco had sought to raise prices amid higher costs of coal, which the Energy Regulatory Commission rejected in September citing fixed prices set under power supply agreements. Marcos, who began his six-year term in June, has promised lower electricity rates, which are among the highest in Asia. Higher electricity prices would put further pressure on Philippine inflation, which hit the fastest pace in nearly 14 years last month.

☆ Schiff responds to McCarthy's threat to remove him from committee
▼ + stars: | 2022-11-27 | by ( ) edition.cnn.com time to read: 1 min

Rep. Adam Schiff (D-CA) responds to Rep. Kevin McCarthy (R-CA) threatening to remove him from the House Intelligence Committee if he's elected House Speaker.

☆ Saudi, Qatar indexes extend losses on weak oil, Egypt up
▼ + stars: | 2022-11-27 | by ( Shamsuddin Mohd | ) www.reuters.com time to read: +2 min

Nov 27 (Reuters) - Saudi Arabia and Qatar stock markets closed lower on Sunday, as uncertainties in oil prices amid Chinese COVID-19 curbs and haggling over a cap on Russian oil prices, weighed on investors' sentiments, although Egypt rose, bucking the trend. Saudi Arabia's benchmark index (.TASI) fell 1.3%, with Al Rajhi Bank (1120.SE) retreating 1.2%, while Sabic Agri-Nutrients (2020.SE) was down 3.9%. Separately, Saudi oil behemoth Aramco's (2222.SE) base oil subsidiary, Luberef, has received the approval from the kingdom's stock market regulator for an initial public offering, the Capital Market Authority said on Thursday. The Qatari index (.QSI) also dropped 1.1%, extending losses from previous session, led by its financial stocks with Qatar Islamic Bank (QISB.QA) and Commercial Bank Qatar (COMB.QA) plunging 1.9% and 2.1% respectively. "Egyptian stock market, supported by the large trading volumes by local investors, continue to maintain its strong performance" added Takieddine.

☆ How much a TikToker with 500K followers earns in a year and what she charges for a sponsored video
▼ + stars: | 2022-11-27 | by ( Shriya Bhattacharya | ) www.businessinsider.com time to read: +3 min

Pivoting to TikTok helped her gain a larger audience and land five-figure deals with brands. For some creators, money doesn't roll in immediately — they have to spend years building their brands before landing lucrative paid partnerships. Still, it took Leanage years to gain enough followers to attract brands and earn a sizable income. Leanage now has 87,000 subscribers on YouTube, 10,000 followers on Instagram, and 506,000 followers on TikTok. She also regularly chats with other creators to make sure that her rates are up to industry standard.

☆ Junk-Rated Companies Face Greater Downgrade Risks as Economy Slows
▼ + stars: | 2022-11-25 | by ( Mark Maurer | ) www.wsj.com time to read: +6 min

Each of these companies was downgraded by at least one ratings firm in recent weeks. At the same time, the economy has been losing steam, resulting in lower earnings and darkening the outlook for companies, especially in consumer-facing sectors. Credit downgrades can drive up financing costs for companies and cause executives to take additional action such as reducing debt loads. There were 33 S&P downgrades in September, the most in a single month since June 2020. Businesses without immediate refinancing needs, however, tend to see less of a direct impact from credit downgrades.

[1/2] U.S. House of Representatives Minority Leader Kevin McCarthy (R-CA) arrives as House Republicans gather for leadership elections at the U.S. Capitol in Washington, U.S., November 15, 2022. REUTERS/Leah Millis/File PhotoWASHINGTON, Nov 22 (Reuters) - The top Republican in the U.S. House of Representatives, Kevin McCarthy, on Tuesday called on Homeland Security Secretary Alejandro Mayorkas to step down, warning that the House may try to impeach him when Republicans take the majority next year. "Our country may never recover from Secretary Mayorkas' dereliction of duty," McCarthy told reporters in El Paso, Texas, on Tuesday after speaking with border officials. "If Secretary Mayorkas does not resign, House Republicans will investigate every order, every action and every failure (to) determine whether we can begin (an) impeachment inquiry," he said. He became the first Latino and foreign-born Homeland Security chief when he was confirmed to the role in February 2021.

☆ Gulf bourses slide on Fed rate hike prospects; Egypt edges up
▼ + stars: | 2022-11-20 | by ( Shamsuddin Mohd | ) www.reuters.com time to read: +1 min

Nov 20 (Reuters) - Most stock markets in the Gulf fell on Sunday with fears about sharp U.S. interest rate hikes and the prospect of weaker oil demand weighing on sentiment. Saudi Arabia's benchmark index (.TASI) fell 0.8%, pressured by banking stocks, with Al Rajhi Bank (1120.SE) down 1.2% and Saudi National Bank (1180.SE) dropping 1.7%. The Qatari index (.QSI) also dropped 0.8%, extending losses to five sessions in a row, with financials and industrial stocks leading the losses. Qatari conglomerate Industries Qatar (IQCD.QA) lost 1.6% while Qatar Islamic Bank (QISB.QA) was down 1.2%. Outside the Gulf, Egypt's blue-chip index (.EGX30) edged up 0.1% for a sixth session of gains, with Elsewedy Electric (SWDY.CA) advancing 2.7%.

[1/3] U.S. Speaker of the House Nancy Pelosi (D-CA) wields the gavel as she presides over the House of Representatives approving two counts of impeachment against U.S. President Donald Trump in the House Chamber of the U.S. Capitol in Washington, U.S., December 18, 2019. REUTERS/Jonathan Ernst/File PhotoWASHINGTON, Nov 17 (Reuters) - U.S. House of Representatives Speaker Nancy Pelosi will announce on Thursday whether she will step down as Democratic leader of the chamber, a day after Republicans were projected to have won control of the House in the midterm elections. Pelosi, an 82-year-old liberal from California who is the first woman to hold the powerful job of speaker, has been under pressure during the past few years from younger House Democrats to yield power. House Democrats are set to vote on their leaders on Nov. 30. She became speaker again in 2019 when Democrats rode a wave of opposition to then-President Donald Trump to win control of the House and was re-elected as speaker in November 2021.

Pelosi, 82, and two other top leaders have been under pressure the last few years from younger House Democrats to yield power after two decades at the helm. Pelosi, the first woman speaker of the U.S. House of Representatives, said late on Wednesday House Democrats "will continue to play a leading role in supporting President Biden’s agenda - with strong leverage over a scant Republican majority." House Democrats are set to vote on their leaders on Nov. 30. On Wednesday, House Republicans offered initial support for Kevin McCarthy to serve as speaker when the next Congress is sworn in on Jan. 3. McCarthy currently serves as House Republican leader and will face election by the entire House at the start of the new year.

☆ TSX futures drop as oil, gold prices weigh
▼ + stars: | 2022-11-17 | by ( ) www.reuters.com time to read: +1 min

(Reuters) - Futures for Canada's main stock index fell on Thursday, tracking losses in commodity prices from fears over weakening demand in top consumer China. December futures on the S&P/TSX index were down 0.5% at 6:52 a.m. The Toronto Stock Exchange's S&P/TSX composite index (.GSPTSE) ended lower on Wednesday as lower oil prices weighed on energy shares, while data showed that annual inflation held steady. Oil prices also fell as geopolitical tensions eased while rising COVID infections in China added worries that demand would not recover soon. U.S. stock index futures edged lower on Thursday following mixed economic data this week, while chip designer Nvidia rose after reporting better-than-expected quarterly revenue.

WASHINGTON — House Speaker Nancy Pelosi, D-Calif., is likely to make her future plans clear as soon this week, possibly even Thursday, multiple sources familiar with the matter told NBC News. Pelosi said Sunday she wouldn’t engage with questions about her future until all races were called. Meanwhile, Rep. Hakeem Jeffries, chair of the House Democratic Caucus, is being urged to pursue the leadership role and has met with rank-and-file members. In the office of New Jersey Rep. Josh Gottheimer on Tuesday, he was urged not to miss his moment. Punchbowl News was first to report the Pelosi call with the CA delegation.

☆ U.S. House Speaker Pelosi wraps up long and historic leadership career
▼ + stars: | 2022-11-17 | by ( Patricia Zengerle | ) www.reuters.com time to read: +6 min

For our daughters and our granddaughters, now the sky is the limit," Pelosi said after first becoming speaker in 2007. As speaker, Pelosi helped pass the 2010 Affordable Care Act, a law dubbed Obamacare that enabled millions of previously uninsured Americans to obtain medical coverage. The visit capped decades of Pelosi's high-profile opposition to China's authoritarian rulers including President Xi Jinping. During her first stint as speaker, Pelosi called Bush "a total failure." Though branded a West Coast liberal by Republicans, Pelosi first learned politics 60 years ago on the East Coast as the daughter of a big-city mayor and congressman, Baltimore's Thomas "Big Tommy" D'Alesandro.

☆ Pelosi to pass leadership torch as top U.S. House Democrat -news website Puck
▼ + stars: | 2022-11-17 | by ( ) www.reuters.com time to read: 1 min

[1/2] U.S. House Speaker Nancy Pelosi (D-CA) wields her gavel as the U.S. House of Representatives votes on President Joe Biden's $1.75 trillion "Build Back Better Act" after hours-long overnight delay in the House Chamber of the U.S. Capitol in Washington, U.S., November 19, 2021. REUTERS/Al Drago/File PhotoWASHINGTON, Nov 17 (Reuters) - U.S. House of Representatives Speaker Nancy Pelosi plans to pass the leadership torch for House Democrats and throw her support behind congressman Hakeem Jeffries, news website Puck reported on Thursday. Pelosi plans to announce her intentions in remarks before the House at noon (1700 GMT), where she will say she plans to stay in Congress as a backbench lawmaker, Puck reporter Tara Palmeri wrote. Reporting by Tim Ahmann; reporting by Susan HeaveyOur Standards: The Thomson Reuters Trust Principles.

Search resuls for: "CA"

25 mentions found