DIRS.INFO The most relevant business & tech news

☆ Cramer's Lighting Round: Amazon 'has a lot of room to go higher'
▼ + stars: | 2024-06-03 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Stock Chart Icon Stock chart icon Amazon's year-to-date stock performance. Stock Chart Icon Stock chart icon Forward Air's year-to-date stock performance. Stock Chart Icon Stock chart icon Ingersoll Rand's year-to-date stock performance. Stock Chart Icon Stock chart icon Cracker Barrel's year-to-date stock performance. Stock Chart Icon Stock chart icon Insmed's year-to-date stock performance.

Persons: They've, Ingersoll, Ingersoll Rand, Jim Cramer's Organizations: Forward

☆ Most AI researchers say the chance it will wipe out humanity is pretty low. But this AI researcher pegs it at 99.9%
▼ + stars: | 2024-06-03 | by ( Ana Altchek | ) www.businessinsider.com time to read: +5 min

For example, a recent study conducted with 2,700 AI researchers indicated there's only a 5% chance that AI will lead to human extinction. The AI researcher teaches computer science at the University of Louisville and just came out with a book called "AI: Unexplainable, Unpredictable, Uncontrollable." Yampolskiy said he finds that unlikely since no AI model has been completely safe from people attempting to get the AI to do something it wasn't designed to do. AdvertisementGoogle AI Overviews, based on Google's Gemini AI model, is the latest product rollout that didn't stick the landing. The CEO of ChatGPT developer OpenAI, Sam Altman, has suggested a "regulatory sandbox" where people experiment with AI and regulate it based on what "went really wrong" and what went "really right."

Persons: —, Lex Fridman, Fridman, Roman Yampolskiy, Yampolskiy, they've, Biden, Sam Altman, Altman, there'll, ChatGPT, Elon Musk, Eric Schmidt, Schmidt Organizations: Service, Business, University of Louisville, Google Locations: Africa

☆ Insider Today: Amazon's AI problem
▼ + stars: | 2024-06-02 | by ( Matt Turner | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Also read:AdvertisementGetty Images; Alyssa Powell/BIThe best investments everBI asked seven heavyweight investors, including Rob Arnott and Bob Elliott, to identify the best trades of their careers. Each shared the top investments they've made, and explained how the lessons from those decisions still apply today. Getty Images; Alyssa Powell/BIAmerica's ridiculous hiring hurdleFewer American men than ever are working right now, and unemployment insurance may be at least partially to blame. Getty Images; Alyssa Powell/BIA better way to sell homesFixed-rate mortgages guarantee homeowners will pay the same amount each month for decades.

Persons: —, You'll, Kitty, Flopsy, Jenny Chang, Rodriguez, Andrej Sokolow, Carter Smith, Alyssa Powell, Amazon, Rob Arnott, Bob Elliott, Andrea Mac Organizations: Service, Business, Google, Getty, Bloomberg Locations: Denmark, America

☆ FAA says it doesn't 'have a timeframe' for when Boeing will be allowed to increase production of its 737 Max planes again
▼ + stars: | 2024-06-02 | by ( Lauren Edmonds | ) www.businessinsider.com time to read: +4 min

Read previewBoeing won't be expanding its fleet of its 737 Max planes anytime soon, according to the FAA. Although no passengers were seriously injured, the FAA barred Boeing from expanding production on Max plane models until quality and safety issues were addressed. FAA administrator Mike Whitaker discusses Boeing quality and safety issues at press conference on May 30, 2024. The FAA grounded 171 Boeing 737-9 Max planes in January before launching its investigation into Boeing's production lines and manufacturing practices. The FAA grounded 171 Boeing 737 Max planes.

Persons: —, Mike Whitaker, Andrew Harnik, Michael Whitaker, Whitaker, Max, PATRICK T, FALLON, Dave Calhoun, Stephen Brashear, they've Organizations: Service, Boeing, FAA, Alaska Airlines, Business, Getty, CBS News, Management, Max

☆ My dad was 54 when I was born. My siblings are over 20 years older than I am, and he was a very different parent to them.
▼ + stars: | 2024-06-01 | by ( Laura Rose O'Connor | ) www.businessinsider.com time to read: +4 min

My dad became a father to me and my twin brother when he was 54. But it had been a long time — my sister is 24 years older than me, and my brother is 26 years older than me. I had a different experience with my dad than my older siblings didBy virtue of the age difference, we were never destined to be as close to them as most siblings are. My parents have had a turbulent relationship with my older siblings, and boundaries were occasionally put in place when it came to communication. But I've only realized this as an adult, as when I was young, I was just confused and, frankly, angry that my older siblings would shun me and my brother.

Persons: he'd, I've, —, I'm, they've Organizations: Service

☆ Savings app CEO says 85,000 accounts locked in fintech meltdown: ‘We never imagined a scenario like this’
▼ + stars: | 2024-06-01 | by ( Hugh Son | ) www.cnbc.com time to read: +4 min

Instead, his company has inadvertently been a source of deep pain for thousands of customers who relied on Yotta accounts to receive paychecks, pay bills and save for emergencies. For the past three weeks, 85,000 Yotta customers with a combined $112 million in savings have been locked out of their accounts, Moelis told CNBC. Accounts at crypto firm Juno and at Copper, which offered savings accounts for families and teens, also have been frozen. Adam Moelis, Co-Founder at Yotta Savings. Representatives of the agencies have pointed to efforts they've made to encourage banks to manage the risks of using fintech partners.

Persons: Oscar Wong, Adam Moelis, Trust —, Moelis, Dave, We've, they've Organizations: Synapse, Bank, Trust, CNBC, Evolve Bank, Evolve, Mercury, Yotta Savings, Federal Reserve, Federal Deposit Insurance Corp Locations: Tennessee, Yotta, fintech

It's so treacherous to summit Mount Everest that human remains are a common sight on its frigid mountainside. Among the frozen bodies are many ethnic Sherpas — an Indigenous people who make up the majority of Everest climbing guides. AdvertisementSherpa Tenzing Norgay and Edmund Hillary were the first to successfully summit Mount Everest in 1953. AdvertisementClimbing Mount Everest can be deadly, no matter who you are. Mountaineers line up during their ascent to summit Mount Everest in Nepal.

Persons: —, Norgay, Edmund Hillary, Phurba Wangchhu, Sam Rashid, Rashid, it's, Andrew Murray, Geljen Sherpa, Rully Anwar, LAKPA SHERPA, Nachhiring Rai Organizations: Service, Everest, Business, University of Cambridge, Cambridge, NPR, International Federation of Mountain Guides Association, Nepal's Department of Tourism, World Bank, Mountaineers, Getty, Dawa Locations: Everest, Nepal, Kathmandu

☆ I'm in my 50s and date younger men. I find they're attracted to my confidence, and I'm not looking to settle down.
▼ + stars: | 2024-06-01 | by ( Georgina Bruce | ) www.businessinsider.com time to read: +4 min

Some people don't understand why I date younger menSome people — mainly other women — disapprove of me dating younger guys. Other people are encouragingMy friend Phoebe, an energetic 81-year-old, tells me she could do with a younger man. AdvertisementWhy I'm going to keep dating younger menBut the ultimate reason I date younger men is because they're the men who want to date me. Younger men are attracted to confidence and individuality and are less taken with old-fashioned stereotypes. Dating younger men has shown me that my needs and desires are important too.

Persons: —, Jake, Jake wasn't, I've, who's, He'd, shuddering, Phoebe, they've, I'm Organizations: Service, Business

☆ Cramer's Lighting Round: 'You've got a winner' with Astra Zeneca
▼ + stars: | 2024-05-31 | by ( Julie Coleman | ) www.cnbc.com time to read: 1 min

Viking Therapeutics : "I say you need to be in Eli Lilly. Step your game up, partner." AstraZeneca : "This is an amazing team that they've got at AstraZeneca now, and they've got fantastic formulations in oncology, but also heart. And they have a GLP-1 kind of thing going on, but it's a little far removed...You've got a winner with AstraZeneca."

Persons: Eli Lilly, they've, You've Organizations: Viking Therapeutics, AstraZeneca

☆ Parents banned phones. Their teens somehow survived.
▼ + stars: | 2024-05-31 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +4 min

Haidt describes exactly what parents fear: that social media and phone use are contributing to the malaise of young adults. The idea that phones are bad for younger teens has hit a crescendo — and parents are taking action. The teens have been told that phones are bad for teens, so they've convinced themselves that their friends who had phones earlier are now addicted and worse off. But there's also pushback on the overall idea that scientific evidence points to social media and phones being bad for teens' mental health. And yet, even if academic studies are lacking, it is really hard to ignore common sense about teens and phones.

Persons: Jonatha Haidt, Haidt, they've, —, there's, Candice Odgers Organizations: Service

☆ Ukraine could soon fire Western-supplied missiles at targets in Russia. But don't expect that to tilt the war in its favor.
▼ + stars: | 2024-05-31 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +6 min

Advertisement"The military logic of allowing Ukraine to use weapons against targets in Russia is straightforward," he said, but "there are structural limits, which Ukraine is now facing." AdvertisementOn Tuesday, France said Ukraine should be allowed to use Western weapons to hit targets in Russia — but only sites that Russia is using to launch attacks on Ukraine. Related storiesThree unnamed officials told Politico on Thursday that Ukraine can now use US-supplied weapons to strike inside Russia. AdvertisementUkraine could also struggle to develop the intelligence needed to find and quickly strike targets farther inside Russia. Advertisement"This does not mean that allowing Ukraine to hit targets in Russia will not help — but it is clearly not a silver bullet to win the war," he said.

Persons: —, Keir Giles, should've, Alexander Libman, Vladimir Putin, hadn't, Volodymyr Zelenskyy, Giles, John Hardie Organizations: Service, Business, Chatham House's, Eurasia Programme, Free University of Berlin, NATO, Politico, Times, Russia's, Foundation for, Defense of Democracies, Ukraine, New York Times, EU, intel Locations: Russia, Ukraine, Chatham House's Russia, Eurasia, Kharkiv, Ukraine's, France, Ukrainian, London, Russian

☆ 42-year-old yacht captain's side hustle brings in $124,000 a year: ‘It's the easiest, simplest thing to do’
▼ + stars: | 2024-05-31 | by ( Megan Sauer | ) www.cnbc.com time to read: +3 min

Kelly Gordon used to avoid social media. How much does it cost to start a side hustle on social media? That means I only have so much time for this side hustle when I'm not on the water. Gordon filming social media content. Courtesy of Kelly Gordon

Persons: they've, Kelly Gordon, —, Captain Kelly J, Gordon, DON'T, she's, I'm, Bahamas Kelly Gordon Organizations: CNBC, Facebook, Traction Locations: AskMakeIt@cnbc.com, Indiana, Palm Beach , Florida, Compass Cay, Bahamas

☆ Luxury homebuyers can now get an art collection as part of the deal
▼ + stars: | 2024-05-31 | by ( Lucy Handley | In | ) www.cnbc.com time to read: +5 min

Los Angeles real estate company The Agency is selling homes complete with artwork and furniture. Lester, a partner at real estate firm The Agency, is currently selling several new-build luxury homes in Beverly Hills designed by architecture firm Olson Kundig, and has a put together a "full collection" of art in a handful of them. Seen here is the interior of a home that is part of a collection known as The Houses at 8899 Beverly. Rather than simply being "staging" pieces brought in temporarily, the art and furniture is also available to purchase, Lester said. Artelier commissioned a collection of artwork for the public areas at One at Palm Jumeirah, Dorchester Collection, a residential building in Dubai.

Persons: Shaina McCoy, Nils Timm, Paul Lester, Lester, Olson Kundig, Beverly —, Michelle Mary Lee, Irvin Pascal, David Knowles, Knowles, Artelier, Fenton Whelan, Renzo Piano, they've, Kristy Kun Organizations: Agency, CNBC, Los, Beverly, Lazaros, The Agency, Creative Art Partners, London Locations: Angeles, Los Angeles, Beverly Hills, British, Eaton Place, London, Hyde, Dubai, Miami, Jumeirah, Dorchester

Take Gap and Foot Locker — two unlikely winners that posted results on Thursday. Under CEO Mary Dillon, Foot Locker has worked to change its stores, where it does more than 80% of its sales. It has tried to create not only a better shopping experience for consumers but also a better place for its critical brand partners. Instead of two walls of shoes with competing brands mixed together, Foot Locker is changing its fleet so the brands have their own unique displays. With refreshed stores and better product displays, consumers are converting more, too, and paying full price — even Foot Locker's lower-income shopper.

Persons: Locker, Richard Dickson, Anne Hathaway, Zac Posen, Mary Dillon, Foot Locker, Dillon, Dick's Organizations: U.S, Abercrombie, Fitch, TJX, Eagle, Navy, Banana, CNBC, Dick's Sporting Goods Locations: Banana Republic, New Jersey, North America

☆ How Will Smith and Jada Pinkett Smith's style has evolved since the '90s
▼ + stars: | 2024-05-31 | by ( Amanda Krause | ) www.businessinsider.com time to read: 1 min

Will Smith and Jada Pinkett Smith attend the 2024 "Bad Boys: Ride or Die" premiere. But Pinkett Smith later clarified that they're "staying together forever," even while technically being apart. And they showed that they're still a power duo despite the specifics of their relationship while attending the "Bad Boys: Ride or Die" premiere. Smith walked the red carpet in a black suit with a textured blazer and accessorized with a beanie, tinted sunglasses, and a beaded necklace. Pinkett Smith stood beside him in a sheer Iris Van Herpen design with a plunging neckline and black stripes.

Persons: Will Smith, Jada Pinkett Smith, Frederic J . Brown, Pinkett Smith, they're, Smith, Van Herpen

☆ Early retirees and financially independent investors share 3 IRS rules they've used to avoid taxes and improve their finances
▼ + stars: | 2024-05-31 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +7 min

Business Insider has spoken to financially independent real estate investors and early retirees who have used IRS rules to improve their financial situation. AdvertisementThough there are a lot of restrictions, it made sense for Cooper, who was fully committed to early retirement. "The longer it's sitting in there, the more money it's going to generate, the more taxes you're going to pay down the road. Zeona McIntyre uses 1031 exchanges to sidestep capital-gains taxes indefinitelyBoulder-based real estate investor and author of "30-Day Stay," Zeona McIntyre. There are ways to reduce your capital-gains tax liability, like deducting your property's depreciation.

Persons: —, Mindy, Carl Jensen, Carl, Mindy Jensen, Mindy Jensen Colorado, they've, Eric Cooper, Eric Cooper Eric Cooper, Cooper, Zeona McIntyre, Zeona McIntyre Zeona McIntyre, you'll, McIntyre, There's Organizations: Service, Business, IRS, Independence Locations: Colorado, I'm, Boulder

☆ I made over $500,000 last year, but I refuse to pay for my daughter's tuition. It's not a decision I made lightly.
▼ + stars: | 2024-05-30 | by ( Robin Madell | ) www.businessinsider.com time to read: +6 min

Despite this income, my husband and I have not agreed to — nor do we plan to — pay for the college tuition of our oldest daughter, a sophomore at the University of Iowa. If they spent our money on tuition, we'd need a say in that decision. This decision aligns with our commitment to avoid debt and maintain a healthy financial position, which benefits our entire family. Committing to paying for one child's college education means we must do the same for all of them to maintain fairness. Evaluating whether to pay for our kids' college tuition was a challenging decision, but it's rooted in our desire to foster autonomy, responsibility, and financial prudence.

Persons: —, Andrea Mac, It's, I've, we've, don't, we're, they've, We've, We're Organizations: Service, University of Iowa, Business, Investment Education Locations: Greater Chicago

☆ I refuse to pay my daughter's college tuition even though I made over $500,000 last year
▼ + stars: | 2024-05-30 | by ( Robin Madell | ) www.businessinsider.com time to read: +6 min

Despite this income, my husband and I have not agreed to — nor do we plan to — pay for the college tuition of our oldest daughter, a sophomore at the University of Iowa. To be fair, we've decided that we, as parents, don't get to choose which college our children attend. With rising tuition costs, my husband and I think it's essential to evaluate whether the outcomes in terms of ROI justify the financial outlay for college. Committing to paying for one child's college education means we must do the same for all of them to maintain fairness. Evaluating whether to pay for our kids' college tuition was a challenging decision, but it's rooted in our desire to foster autonomy, responsibility, and financial prudence.

Persons: —, Andrea Mac, It's, I've, we've, don't, we're, they've, We've, We're Organizations: Service, University of Iowa, Business Locations: Greater Chicago

☆ Why some full-time influencers are going back to their 9-to-5 jobs
▼ + stars: | 2024-05-30 | by ( Shriya Bhattacharya | ) www.businessinsider.com time to read: +6 min

Her success in monetizing her platform persuaded her to try full-time content creation in 2023. Hong Kong-based creator Anushka Purohit decided to dive into a corporate 9-to-5 job after graduating from college instead of becoming a full-time creator because of the perceived financial instability. "The idea of full-time content creation is often more glamorous than reality," she said. Nguyen also said she'll never go back to full-time content creation because of the financial instability. Being a full-time creator can also hurt your social-media brand if you compromise for the money.

Persons: —, influencer Maryam Salam, Adesh, hasn't, they've, Anushka Purohit, Purohit, Mitchie Nguyen, Instagram, Nguyen, she's, Salam, she'll, Maryam Salam, Maryam, Mariam Organizations: Service, Business, Salam, Google, Staples, RBC Locations: Canada, monetizing, Hong Kong, York, TikTok

☆ Twitch terminates all members of its Safety Advisory Council
▼ + stars: | 2024-05-30 | by ( Hayden Field | ) www.cnbc.com time to read: +3 min

Twitch on Friday will terminate all members of its Safety Advisory Council, according to sources familiar with the situation and documents viewed by CNBC. The council is a resource of nine industry experts, streamers and moderators who consulted on trust and safety issues related to children on Twitch, nudity, banned users and more. The Amazon -owned game-streaming company formed its Safety Advisory Council in May 2020 to "enhance Twitch's approach to issues of trust and safety" on the platform and guide decisions, according to a company webpage. "Looking ahead, the Safety Advisory Council will primarily be made up of individuals who serve as Twitch Ambassadors," the email, viewed by CNBC, stated. Payment depended on the length of the contract, but council members were paid between $10,000 and $20,000 per 12-month period, according to a source familiar with the contracts.

Persons: Twitch, Sameer Hinduja, Emma Llansó, T.L, Taylor Organizations: Advisory, CNBC, Council, Twitch, Cyberbullying Research, Center for Democracy, SAC

☆ I work for a House Democrat. My boss hasn't pushed hard enough for a Gaza cease-fire, so I'm secretly organizing a campaign to force lawmakers to do more
▼ + stars: | 2024-05-30 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +9 min

I work for a House Democrat who has endorsed Biden's plan for a negotiated, two-sided cease-fire — but that's absolutely not far enough. AdvertisementWhen it's constituents saying this, I understand: They don't understand exactly how congressional offices work, they don't know how Congress functions. We have seen an unprecedented influx of constituent sentiment in support of a cease-fire, and in some lawmakers' offices, that sentiment is not being listened to at the most senior level. You don't know who's going to step in and replace you in that job. You don't know if they're going to hire someone who just does not believe in the humanity of the Palestinian people.

Persons: —, Israel, We've, who've, Joe Biden, they've, Biden's, we've, it's, Andrew Derek Strachan, haven't, Kent Nishimura Organizations: Service, Congressional Staff, Capitol Hill, Business, Capitol, United Nations Relief, Works Agency, House Democrat, Congressional, State Department Locations: Gaza, Israel, Rafah, Palestine

☆ I work for a House Democrat and disagree with my boss on Gaza. So I'm secretly organizing behind their back.
▼ + stars: | 2024-05-30 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +9 min

We laid 10,000 flowers — one for each civilian in both Israel and Gaza who had been killed at that point. I work for a House Democrat who has endorsed Biden's plan for a negotiated, two-sided cease-fire — but that's absolutely not far enough. But I'm almost positive that the lawmaker I work for doesn't know, and that if they did, there would be genuine repercussions. AdvertisementWhen it's constituents saying this, I understand: They don't understand exactly how congressional offices work and they don't know how Congress functions. Pro-ceasefire staffers marching toward the House steps ahead of a vote on an Israel aid-related bill on May 16.

Persons: —, Israel, We've, who've, Joe Biden, they're, they've, Biden's, we've, it's, Andrew Derek Strachan, haven't, Kent Nishimura Organizations: Service, Congressional Staff, Capitol, Business, United Nations Relief, Works Agency, House Democrat, State Department Locations: Gaza, Israel, Rafah

☆ This Swedish burger chain is pushing customers away from beef
▼ + stars: | 2024-05-30 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +5 min

One of Sweden's oldest burger chains wants its customers to stop eating so much red meat. Beef has the largest climate impact of any food, largely because cows burp methane and need vast amounts of land. Since then, Max Burgers has labeled menu items with their carbon footprints and started offering a lot more chicken and plant-based burgers. He added that because Max Burgers is family-owned, it can take more risks than publicly-traded fast food chains worried about their stock price. In 2016, the company quintupled its plant-based options, Török said, including a "green burger" that's been changed several times.

Persons: Max Burgers, Kaj Török, Török, we've, Taco Bell, Burger, Santo, he's Organizations: Service, Business, World Resources Institute Locations: Sweden, Norway, Denmark, Poland, Angeles, Los Angeles, Europe

☆ 30 products that haven't been around for as long as you'd think
▼ + stars: | 2024-05-29 | by ( Zoë Ettinger | ) www.businessinsider.com time to read: +1 min

Some products feel like they've been around forever, but they're actually fairly recent inventions. It's tough to imagine life without the MacBook and iPhone, but they've only been around 20 years. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . This story is available exclusively to Business Insider subscribers.

Persons: they've, they're, —, Otto Rohwedder, Piper Sandler Organizations: Service, Gen, Business Locations: Missouri

☆ Gmail is stuck in the Stone Age. It needs to update its tabbed inbox.
▼ + stars: | 2024-05-29 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +5 min

Read previewI don't think I know anyone who feels good about their email inbox. When Google introduced the tabbed inbox in 2013, I was in heaven. Since then, the tabbed inbox has fallen behind, unable to keep up with the ways that email has changed since 2013. Screenshot / Business InsiderGoogle has apparently noticed that the tabbed inbox isn't meeting today's needs, and will soon roll out an update meant to alleviate the burden of the swollen Primary inbox. I demand a Newsletters tabBut this still isn't what I dream of getting out of a tabbed inbox.

Persons: —, it's, Merrell, I've Organizations: Service, Business, Google, Old, Facebook, Boston Globe, Gmail, BI Locations: TikTok

Search resuls for: "they've"

25 mentions found