DIRS.INFO The most relevant business & tech news

☆ Four dead in Louisville bank shooting were suspect's colleagues, governor's friends
▼ + stars: | 2023-04-11 | by ( Kanishka Singh | Thomson Reuters | Kanishka Singh Is A Breaking News Reporter For Reuters In Washington Dc | ) www.reuters.com time to read: +2 min

April 10 (Reuters) - The four people shot dead in a shooting on Monday in downtown Louisville, Kentucky, were all colleagues of the suspect who gunned them down, and two of them were close friends of Kentucky Governor Andy Beshear. Elliott was a senior vice president of Old National Bank whose downtown branch in Louisville was the site of Monday's assault. "He helped me become governor," Beshear said, while describing Elliott as "an incredible friend." Police deploy at the scene of a mass shooting outside an Old National Bank branch near Slugger Field baseball stadium in downtown Louisville, Kentucky, U.S. April, 10, 2023. Barrick's LinkedIn profile showed he was the senior vice president of commercial real estate banking at Old National Bank and had been with the firm for less than a year.

☆ A D.E. Shaw internship could land a dream gig at the secretive hedge fund. Here's what it takes.
▼ + stars: | 2023-04-10 | by ( Michelle Abrego | ) www.businessinsider.com time to read: +8 min

Shaw's recruiting head, took us inside the firm's process for finding talent. Shaw Group is one of the highest-grossing, and most secretive, hedge funds on Wall Street, with $60 billion under management. Launched by former Columbia University computer-science professor David Shaw above a small left-wing bookshop in lower Manhattan in 1988, D.E. The interview process includes an initial video interview, a case study or coding test (depending on the internship), a second round of video interviews, and a reference check. At any point in the process, candidates might even be steered toward an internship other than the one they applied to that could better align with the candidate's skills and interests.

Solari wasn't the only American to veer wildly between frugality and all-out spending sprees during the pandemic. In particular, younger people — Gen Z and millennials — have seen the early parts of their careers and critical years of their financial lives defined by the shifting sands of the pandemic economy. The strange pandemic-savings paradoxThe pandemic recession did not actually mean people had no money. The Fed found that the top quartile of earners added nearly $1.5 trillion to their savings through spending reductions, even as the pandemic consumed millennials and Gen Z's savings. If the mantra of the pandemic recession was giving everyday Americans money, the reaction is now to yank that back.

☆ Britain to encourage smokers to swap cigarettes for vapes
▼ + stars: | 2023-04-10 | by ( ) www.reuters.com time to read: +2 min

LONDON, April 11 (Reuters) - Up to one million smokers will be encouraged to swap cigarettes for "vapes", with pregnant women offered financial incentives to make the change in what will be a world first, the British government said on Tuesday. Under the scheme, almost one in five smokers will be given a vape - an e-cigarette - starter kit along with support to help quit smoking, the Department of Health (DoH) said. "We will offer a million smokers new help to quit. We will be funding a new national ‘swap to stop’ scheme – the first of its kind in the world." Health service figures show 9% of 11 to 15-year-olds in Britain had used e-cigarettes in 2021, up from 6% three years before.

☆ A summer internship at D.E. Shaw can pay up to $20,000 a month. Here's what it takes to land a coveted spot.
▼ + stars: | 2023-04-06 | by ( Michelle Abrego | ) www.businessinsider.com time to read: +8 min

☆ Bob Lee: Moments following stabbing of Cash App founder captured on video, local news site reports
▼ + stars: | 2023-04-06 | by ( Taylor Romine | ) edition.cnn.com time to read: +4 min

CNN —The moments following the San Francisco stabbing attack of Cash App founder Bob Lee were captured on surveillance video and in a 911 call to authorities, according to a local Bay Area news portal. The driver of the Toyota pulls the car away and Lee collapses to the ground. Lee manages to get up and walk a bit further before he collapses in front of an apartment building. “No one who commits a violent crime, or who’s a repeat offender are receiving overly lenient plea deals.”Her comments appear to be in response to Twitter’s new owner, billionaire Elon Musk. In total, there were 56 homicides in San Francisco in 2022, the same as in 2021.

☆ Inside Nike: Sources share claims of sexism, cheating, abuse at the world's wokest brand
▼ + stars: | 2023-04-05 | by ( Joshua Hunt | ) www.businessinsider.com time to read: +51 min

The conservative blowback came as no surprise to Parker, who told Nike's board of directors to expect some short-term backlash. In late 2014, the BBC sent a film crew to Portland to interview several former Oregon Project employees. "He would be at the side of the track calling out runners' splits but wouldn't call Kara's out," Adam Goucher told me. When people asked why she left the Oregon Project, she said it was a "personal decision." "I don't think it has anything to do with who the CEO is," Goucher told me.

☆ Bob Lee, Cash app founder, dead after apparent stabbing attack in San Francisco
▼ + stars: | 2023-04-05 | by ( Catherine Thorbecke | ) edition.cnn.com time to read: +3 min

New York CNN —Bob Lee, the former chief technology officer of Square who helped launch Cash App, has died after an apparent stabbing attack in San Francisco. We love you.”Tech entrepreneur CashApp founder Bob Lee. San Francisco has been grappling with an apparent uptick in crime as it still attempts to bounce back from the pandemic. In total, there were 56 homicides in San Francisco in 2022, which is the exact same number of homicides the city saw in 2021. Prior to joining Square, Lee was at Google, where he helped lead the team that launched Android.

☆ San Francisco's homicide rate is low compared to other big cities, but the killing of tech founder Bob Lee shows that doesn't tell the whole story
▼ + stars: | 2023-04-05 | by ( Paayal Zaveri | ) www.businessinsider.com time to read: +6 min

The tragic killing of tech founder Bob Lee has reignited the debate over crime in San Francisco. Those stats compare relatively favorably to other big cities in the US, the San Francisco Chronicle reported, citing FBI data. Meanwhile, the homicide rate in San Francisco was 5 per 100,000 in 2020, the FBI's crime data shows, as analyzed by the San Francisco Chronicle. It's also lower than other cities of comparable sizes to San Francisco, including Columbus, Ohio. Additionally, the San Francisco Police Department must conclude its investigation before the DA's office can step in, Randy Quezada, communications director at the San Francisco District Attorney's office, told Insider's Grace Kay and Sindhu Sundar.

☆ Disney layoffs are expected to hit ABC News this week, sources say, with scores of roles to be eliminated following cuts from TV, engineering, and metaverse teams
▼ + stars: | 2023-03-29 | by ( Claire Atkinson | Lucia Moses | ) www.businessinsider.com time to read: +5 min

Cuts at Disney's ABC News are coming before the end of the week, according to sources. Disney firings are expected to affect its ABC News division this week, according to two company insiders familiar with the situation. TV production and acquisition execs at Hulu, Freeform, and 20th Television were also impacted, according to a report in Deadline. Leaders will be communicating the news directly to the first group of impacted employees over the next four days. I want to thank each of you again for all your many achievements here at The Walt Disney Company.

☆ Walt Disney Co begins 7,000 layoffs
▼ + stars: | 2023-03-27 | by ( Dawn Chmielewski | ) www.reuters.com time to read: +3 min

LOS ANGELES, March 27(Reuters) - Walt Disney Co (DIS.N) on Monday began 7,000 layoffs announced earlier this year, as it seeks to control costs and create a more "streamlined" business, according to a letter Chief Executive Bob Iger sent to employees and seen by Reuters. Several major divisions of the company - Disney Entertainment, Disney Parks, Experiences and Products, and corporate - will be impacted, according to a person familiar with the matter. Iger said Disney would begin notifying the first group of employees who are impacted by the workforce reductions over the next four days. Josh D’Amaro, chair of Disney Parks, Experiences and Products, sent a memo to theme parks employees in February warning that the profitable division would experience cuts. Officials for two of the unions representing cast members at Walt Disney World Resorts in Orlando, Florida, said “guest-facing” services were not expected to be affected by the layoffs.

☆ Disney layoffs will begin this week, CEO Bob Iger says in memo
▼ + stars: | 2023-03-27 | by ( Alex Sherman | ) www.cnbc.com time to read: +4 min

Disney will begin layoffs this week, the first of three rounds before the beginning of the summer that result in about 7,000 job cuts, according to a memo sent by Chief Executive Bob Iger. "This week, we begin notifying employees whose positions are impacted by the company's workforce reductions," Iger wrote in the memo, which was obtained by CNBC. "Leaders will be communicating the news directly to the first group of impacted employees over the next four days. This week, we begin notifying employees whose positions are impacted by the company's workforce reductions. I want to thank each of you again for all your many achievements here at The Walt Disney Company.

ROLLING FORK, Miss.—Several hard-hit Mississippi towns continued to dig out after a powerful tornado cut a path of destruction through parts of the state Friday night, as residents balanced grief with a hope that the disaster could eventually spur renewal in their rural communities. Driving down Highway 61 into the Delta town of Rolling Fork, population 1,800, on Sunday, the smell of barbecued meat and wood smoke was overpowering. Much of the town, located not far from the Mississippi River, was leveled by the storm, including its business district. The tornado claimed at least 25 lives in Mississippi, more than a dozen of them around Rolling Fork, as residents lost parents, cousins, lifelong friends and what some said were their dream homes.

☆ Beethoven's hair has been a big ticket item for years, auctioned for thousands — turns out it didn't all belong to him
▼ + stars: | 2023-03-26 | by ( Aaron Mcdade | ) www.businessinsider.com time to read: +3 min

It also revealed some locks considered to Beethoven's that sold for thousands, are not actually his. It was last sold for $7,300 in 1994 and has been displayed for decades as authentic Beethoven hair. -- The Stumpff lock sold for about $14,700 in 2016, and the researchers determined it most likely was authentic. In 2000, a lot that combined Beethoven's hair and hair from Wolfgang Amadeus Mozart sold for more than $55,700. The book, "Beethoven's Hair: An Extraordinary Historical Odyssey and A Scientific Mystery Solved," was published in 2001 and later turned into a documentary.

☆ A man renovated his wife's crumbling childhood home into a dream property for his five kids and loved it so much he started flipping homes full-time. See inside.
▼ + stars: | 2023-03-26 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +2 min

Adam and Jessica Miller purchased Jessica's century-old childhood home for $565,000 in 2020. The Millers embarked on a $200,000 renovation to turn the rundown property into their family home. The project was so successful it launched Adam's career as a full-time home flipper. Jessica, 34, grew up on Union and returning to her childhood neighborhood was a lifelong dream. See how the Millers transformed the five-bedroom, three-bathroom home from a crumbling mansion to a dream property for their family of seven.

☆ Meet Jim Ratcliffe, the chemicals tycoon worth $11 billion and lifelong Manchester United fan who wants to buy the soccer club
▼ + stars: | 2023-03-25 | by ( Sam Tabahriti | ) www.businessinsider.com time to read: 1 min

Ratcliffe was knighted in 2018, making him Sir Jim, but reportedly moved to Monaco in 2020, which does not levy personal or capital gains tax. He declined to confirm the move but told the BBC he tried to "give back to the UK" and had invested billions in the country. John Greim/LightRocket/Getty ImagesSource: BBC

☆ Empty for years, NYC's famous Flatiron Building — and its weird narrow passages — may get a fresh start with $190M sale
▼ + stars: | 2023-03-25 | by ( Jordan Hart | ) www.businessinsider.com time to read: +3 min

The historic Flatiron Building went to a court-mandated auction on Wednesday after being practically empty for years. Investor Jacob Garlick outbid previous owners to buy the landmark for $190 million, reports say. The Flatiron Building was completed in the summer of 1902 at 175 Fifth Avenue, and has become an iconic tourist attraction for visitors of New York City. One witness to the auction, real estate broker Tom Brady, told NY1 that the sale was an "iconic moment." One of the Flatiron Building's previous owners, Jeffrey Gural of GFP Real Estate, said he wished Garlick "hadn't shown up" to the auction.

☆ Two key Medicare enrollment deadlines are approaching. Here's what you should know
▼ + stars: | 2023-03-23 | by ( Sarah O'Brien | ) www.cnbc.com time to read: +3 min

If you missed your initial enrollment period, sign up nowYou become eligible for Medicare at age 65, and you get a seven-month window to sign up. This initial enrollment period starts three months before your birthday month and ends three months after it. If you don't qualify for a special enrollment period or an exception, you'd generally have to wait until Medicare's fall annual enrollment period to sign up for a Part D plan. "If there isn't a valid special enrollment period that a broker can help you with, it's still worth a call to 1-800-MEDICARE as they have broader ability to approve unusual special enrollment periods," Roberts said. Also, individuals who use the general enrollment period can sign up for a Medicare supplemental plan, or "Medigap."

☆ A 4-month old calf escaped a slaughterhouse and roamed the streets of Brooklyn. Now she'll live out her days at a sanctuary.
▼ + stars: | 2023-03-22 | by ( Aidan Pollard | ) www.businessinsider.com time to read: +2 min

A cow roamed the streets of Brooklyn this week after escaping slaughter. The four-month-old calf was wrangled in by passersby after she was seen wandering around the streets of South Brooklyn Tuesday, ABC 7 reported. Skylands Animal Sanctuary And Rescue announced on Wednesday that the loose cow will officially be relocated to its facility. THE OWNERS HAVE AGREED TO LET HER COME AND LIVE OUT HER LIFE ON THE SANCTUARY," Skylands wrote in a Facebook post. Now, the four-month old calf will live out her days among fellow rescued animals and livestock.

☆ Don't buy a backyard chicken to combat inflation
▼ + stars: | 2023-03-14 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +8 min

More people are turning to backyard chickens, but experts warn it's not as easy or cheap as it seems. Earlier this year, The New York Times, Insider, and others wrote about people turning to backyard chickens to address inflation. Some people are buying backyard chickens to combat eggflation. Some think they are buying hens and end up with roostersAnother challenge with buying backyard chickens is that you may unintentionally end up with a rooster. She tries to discourage people from buying backyard chickens on a whim, to avoid having more roosters with nowhere they can go.

☆ Marian Croak, who has 200 patents to her name including the technology behind Zoom, became one of the first Black women to be inducted into the Inventors Hall of Fame
▼ + stars: | 2023-03-13 | by ( Yoonji Han | ) www.businessinsider.com time to read: +4 min

Marian Croak became one of the first two Black women to be inducted into the Inventors Hall of Fame. Her innovations in internet technology have enabled remote work, text donations, and voting for American Idol. Last year, she was inducted into the National Inventors Hall of Fame — among the highest honors for inventors, including Thomas Edison, Alexander Graham Bell, and the Wright brothers. Croak became one of first two Black women to receive that honor, alongside the late Patricia Bath, an ophthalmologist who created a device used during surgery to easily remove cataracts. As one of the first-ever Black women to be inducted into the National Inventors Hall of Fame, Croak recognizes the importance of diversity in a historically homogenous industry.

☆ Where Paul Wick, seasoned tech stock investor, is raising his bets now
▼ + stars: | 2023-03-12 | by ( Sarah Min | ) www.cnbc.com time to read: +9 min

So when a position opened up at the Seligman Communications and Information fund, the firm's then-chief investment officer asked Wick to take it over. Today, the Columbia Seligman Technology and Information fund (CCIZX) that Wick began running on New Year's Day in 1990, has $8.5 billion in assets under management. "It's really hard to guess how will the technology industry change in five years. By now, Wick has relationships going back decades in the tech industry. As of January, the Technology and Information fund held 2.96% of its assets in Bloom, up from 2.36% in October.

☆ 'You're in the room for a reason': How to stop doubting yourself at work, says Linda Fagan, first woman commandant of the Coast Guard
▼ + stars: | 2023-03-10 | by ( Gili Malinsky | ) www.cnbc.com time to read: +3 min

She knew she'd join the Coast Guard as a teenager, but "my long-term plan was graduate, be an officer," she says. Here's how she built her legacy in the Coast Guard, as well as her advice for any woman doubting herself at work. "You can't be on the water in New England and not notice the Coast Guard," she says. As a sophomore in high school, she learned there was a Coast Guard Academy where she could receive a bachelor's then serve in the Coast Guard herself. Women had only begun to be let into the Coast Guard Academy in 1976, just five years before she herself would attend.

In 2020, while working as a staff nurse at a hospital in Spartanburg, South Carolina, Aspen Tucker came across a job posting for a travel nurse. In 2020, Aspen Tucker left his staff nursing job to become a travel nurse, a move that came with a significant bump in pay. "I'm able to have a high salary as a travel nurse, but also come back to where the cost of living is low," he says. That month he split an Airbnb with his girlfriend (also a travel nurse who occasionally takes jobs at the same hospitals) in addition to paying his mortgage and utilities back home. When he's traveling work, Tucker pays friends and family to take care of his dog, Skye.

☆ From 'completely broke' to anchoring CNBC's 'Last Call': Brian Sullivan knows the 'ups and downs' of money
▼ + stars: | 2023-03-08 | by ( Ashton Jackson | ) www.cnbc.com time to read: +3 min

Rather, it comes from a lifelong drive for knowledge, stemming from a childhood where money was a huge issue for him and his family. "We moved from California to Virginia when I was starting high school for money reasons, which was: We didn't have any," Sullivan tells CNBC Make It. "My dad lost his job, and we were starting over — I mean completely broke, stuff in our car, driving across the country." "[There were times when] we had a little money and we didn't have any money. And we had a little money [again], then we didn't have any money at all.

Search resuls for: "Lifelong"

25 mentions found