DIRS.INFO The most relevant business & tech news

Attacks on ships in the Red Sea are delivering another shock to global trade, coming on top of pandemic-related logjams at ports and Russia's invasion of Ukraine. The normal route — three weeks via the Suez Canal — has been shut down by the Houthi attacks. Chief executive Stuart Machin said the Red Sea trouble was “impacting everyone and something we’re very focused on." For Europe, the impact is even bigger: 40% of clothes and 50% of shoes traverse the Red Sea. Norwegian fertilizer giant Yara said it was “only mildly impacted by the transit challenges in the Red Sea."

Persons: What’s, Ryan Petersen, Petersen, It’s, Clifton Broumand, Broumand, —, ”, “, it’s, Tesla, Spencer, Stuart Machin, Steve Lamar, Lamar, Flexport, Katheryn Russ, Davis, Judah Levine, Freightos, it's, Russ, Obama, Carlos Tavares, Stellantis, Jan Hoffmann, Frank Conforti, Conforti, ____ Anderson, Kelvin Chan, Anne D'Innocenzio, Yuri Kageyama, Tom Krisher, David McHugh Organizations: WASHINGTON, —, Hamas, Machine, Volvo, Suzuki Motor Corp, American Apparel & Footwear Association, University of California, U.S . Federal Reserve, BMW, Retailer, Free People, AP Business Locations: Belgium, Germany, British, Maryland, Asia, Ukraine, Yemen, Gaza, Europe, United States, Suez, Africa, “, Panama, Greater Landover , Maryland, Taiwan, China, Los Angeles, Berlin, Swedish, Ghent, Hungary, Japan, U.S, overcapacity, Red, Israel, India, New York, London, Tokyo, Detroit, Frankfurt

☆ Attacks on ships in the Red Sea are disrupting global trade. Here’s how it could affect what you buy
▼ + stars: | 2024-01-28 | by ( ) www.cnbc.com time to read: +8 min

Attacks on ships in the Red Sea are delivering another shock to global trade, coming on top of pandemic-related logjams at ports and Russia's invasion of Ukraine. The normal route — three weeks via the Suez Canal — has been shut down by the Houthi attacks. Chief executive Stuart Machin said the Red Sea trouble was "impacting everyone and something we're very focused on." For Europe, the impact is even bigger: 40% of clothes and 50% of shoes traverse the Red Sea. Norwegian fertilizer giant Yara said it was "only mildly impacted by the transit challenges in the Red Sea."

Persons: It's, Petersen, Ryan Petersen, Clifton Broumand, Broumand, it's, Tesla, Spencer, Stuart Machin, Steve Lamar, Lamar, Flexport, Katheryn Russ, Davis, Judah Levine, Freightos, Russ, Obama, Carlos Tavares, Stellantis, Jan Hoffmann, Frank Conforti, Conforti Organizations: Galaxy, Houthis Media, Getty, Machine, Hamas, Volvo, Suzuki Motor Corp, American Apparel & Footwear Association, University of California, U.S . Federal Reserve, BMW, Retailer Urban Outfitters, Free People Locations: Iran, Yemen, Anadolu, Greater Landover , Maryland, Taiwan, China, Gaza, Panama, Asia, Europe, United States, Suez, Africa, Ukraine, Belgium, Germany, British, Maryland, Los Angeles, Berlin, Swedish, Ghent, Hungary, Japan, U.S, overcapacity, Red, Israel, India

Josh Shapiro has a new slogan for how he wants to run Pennsylvania — and it's not fit for kids' ears. “There’s children here, so we’ll just say ‘stuff.’”That was the G-rated version of the line he’s been delivering in recent months. His social media team also has used the phrase online in videos. One of Shapiro's fellow Pennsylvania Democrats, U.S. Sen. John Fetterman, cussed routinely on social media while on his way to winning the Senate seat in 2022. Still, Fetterman — known for his blunt and irreverent talk — generally confined his profanities to his writings on social media when describing his disdain for, say, Pennsylvania's relatively low minimum wage.

Persons: Josh Shapiro, “ We’ve, Shapiro, ”, “, George Carlin ’, Manuel Bonder, Bonder, ” Bonder, Russ Diamond, It's, Sen, Kristin Phillips, Jerry Brown, Benjamin Bergen, Donald Trump —, —, Jennifer Mercieca, Mercieca couldn't, ” Mercieca, John Fetterman, cussed, Fetterman, Bergen, ” Bergen, “ It’s, ’ ” Bergen, Marc Levy Organizations: —, Pennsylvania, Johnstown YMCA, Democratic Party, White, Supreme, York, Twitter, California Gov, University of California, New York Times, Texas, Trump, Pennsylvania Democrats, U.S Locations: HARRISBURG, Pa, Johnstown, Milwaukee, U.S, Philadelphia, Lebanon, California, San Diego, Pennsylvania

☆ Russ Cook: After running almost 7,500 miles across Africa, this man’s epic odyssey hangs in the balance
▼ + stars: | 2024-01-25 | by ( Ben Church | ) edition.cnn.com time to read: +3 min

Over the last nine months, Russ Cook has run almost 7,500 miles across 13 different countries and is currently in Senegal with his small support crew. But despite all his efforts, which have involved running more than a marathon a day on average, Cook took to social media Tuesday to announce that his epic journey was facing a diplomatic impasse. Cook had planned to finish his odyssey at the most northerly tip of Africa in Tunisia, but must access Algeria through the Mauritania border first. “If we don’t get them, then it’s game over for Project Africa,” Cook said on X, formerly known as Twitter. Starting at the most southerly point in South Africa, Cook is running all the way to Tunisia.

Persons: Russ Cook, Cook, ” Cook, ”, Alexander Stafford, UK’s, Harry Gallimore, “ Organizations: CNN, Project Africa, Parliamentary Group, Foreign, Commonwealth & Development, ” CNN Locations: Africa, Senegal, Tunisia, Algeria, Mauritania, Algerian, South Africa

Once the Jayhawks got to the NCAA Tournament, Danny Manning carried them to their second national title. A two-time All-American, Manning led sixth-seeded Kansas on a romp through the NCAA Tournament on a team dubbed Danny and the Miracles. QUADRUPLE DOUBLEThe NCAA record book has an entry for most quadruple doubles. As a senior at UT-Martin, Hudson had 25 points, 12 rebounds, 10 assists and 10 steals against Central Baptist on Nov. 13, 2007, for the only quadruple double in Division I history. At Davidson, Curry led the Wildcats on a memorable run all the way to the NCAA Tournament.

Persons: John Wooden, ”, Bill Walton, Wooden, “, Louis, Walton, ” Walton, Lew Alcindor, Kareem Abdul, Jabbar, MARAVICH'S, Pete Maravich, Pete, Maravich, Bob Knight, Scott May, Kent Benson, Benson, DANNY, Danny Manning, Manning, Danny, Lester Hudson, Hudson, STEPH'S, Stephen Curry, Curry, HANK Loyola Marymount, Bo Kimble, Kimble, Wilt Chamberlain, Frank Selvy, Furman, Selvy, RUSS Bill Russell Organizations: UCLA, Bruins, Associated Press, Memphis State, LSU, Indiana, Hoosiers, Michigan, Notre Dame, Kentucky, Ohio State, Kansas, Jayhawks, NCAA, Oklahoma, UT, Martin, Central Baptist, Wildcats, Southern, Gonzaga, Georgetown, Wisconsin, West, New, New Mexico State, Lions, Newberry, NBA, Baltimore, San, Iowa, AP Locations: St, Kentucky, Kent, Kansas, Davidson, New Mexico, San Francisco

“Conditions right now in Orchard Park, where the game would have started moments ago,” she wrote early Sunday afternoon. Sub-zero wind chills will grip much of the country, plunging to 50 degrees below zero in Montana and the Dakotas. Other parts of the country could see temperatures drop 25 to 40 degrees below normal, from the Rockies to the Ohio Valley. Even places like Florida won’t be spared from turbulent weather, with forecasts predicting showers and thunderstorms from Monday into Tuesday. The utility said it was watching a second weather pattern that could bring high winds and freezing rain on Tuesday.

Persons: Donald Trump, ‘ Darling, Kathy Hochul, ”, diehard, Logan Eschrich, ___ Weber, Russ Bynum, Nathan Ellgren, Philip Marcelo, Nick Perry, Julie Walker, Bobby Caina Calvan Organizations: NFL, National Weather Service, Northern Rockies, Pittsburgh Steelers, . Buffalo Bills NFL, New York Gov, Bills, South Dakota Department of Public Safety, Rockies, Portland General Electric, Omaha Public Power District, Buffalo Niagara International, Associated Press Locations: PORTLAND, Iowa, Kansas, Northwest, Buffalo , New York, Buffalo, Orchard Park, New York, Lake Erie, Snow, Montana, Ohio, Texas, Southern Plains and Southern, Florida, Oregon, Portland, Michigan , New York , Pennsylvania, Wisconsin, In Nebraska, Chicago, Denver, Seattle, Tacoma, Los Angeles, Savannah , Georgia, Des Moines , Iowa, Long Island , New York, Meredith , New Hampshire, New York City

The latest calculations from several science agencies showing Earth obliterated global heat records last year may seem scary. Former NASA climate scientist James Hansen, often considered the godfather of global warming science, theorized last year that warming was accelerating. That’s 0.27 degrees (0.15 degrees Celsius) warmer than the previous record set in 2016 and 2.43 degrees (1.35 degrees Celsius) warmer than pre-industrial temperatures. NASA and the United Kingdom Meteorological Office had the warming since the mid-19th century a bit higher at 2.5 degrees (1.39 degrees Celsius) and 2.63 degrees (1.46 degrees Celsius) respectively. It’s the third time in the last eight years that a global heat record was set.

Persons: Nature, ”, Katharine Jacobs, Gavin Schmidt, El, NASA's Schmidt, Schmidt, Samantha Burgess, Europe's, Burgess, James Hansen, Daniel Swain, Russ Vose, Jennifer Francis, Katharine Hayhoe, Randall Cerveny, “, ” Cerveny, Natalie Mahowald, “ I've, Kim Cobb, ” ___ Read, Seth Borenstein Organizations: Associated Press, University of Arizona, El Nino, Service, NASA, AP, UCLA, U.S . National Oceanic, Administration, NOAA’s National Centers for Environmental, United Kingdom Meteorological Office, . Records, World Meteorological Organization, Climate Research, Conservancy, NOAA, Arizona State University, WMO, Cornell University, The Associated Press Locations: British, El, Paris, Brown, AP.org

All eyes are now on the personal consumption expenditure (PCE) index- the Fed's preferred inflation gauge- for October, due at 8:30 a.m. ET, which is expected to show inflation eased in the previous month. The PCE index is expected to rise 0.1% on a monthly basis in October, moderating from a 0.4% increase in September. Data cloud company Snowflake (SNOW.N) added 8.2% after it forecast fourth-quarter product revenue above Street estimates on artificial intelligence driven demand. Reporting by Shristi Achar A and Amruta Khandekar in Bengaluru; Editing by Shinjini GanguliOur Standards: The Thomson Reuters Trust Principles.

Persons: Caitlin Ochs, Russ Mould, AJ Bell, Jefferies, Shristi Achar, Shinjini Organizations: New York Stock Exchange, REUTERS, Dow, Nasdaq, Wall, Federal Reserve, Dow e, Ford Motor, Inc, Thomson Locations: New York City, U.S, Chicago, Bengaluru

After apologizing for his post at the event on Wednesday, Musk unleashed a profanity-laced tirade against some of the advertisers for fleeing the platform. The Tesla (TSLA.O) chief acknowledged that an extended boycott by advertisers could bankrupt X, formerly Twitter, but suggested that the public would blame the brands and not him for a potential collapse. "We believe there is risk that more companies will stop advertising on X; at least on a short-term basis," D.A. Monthly U.S. ad revenue at X has declined at least 55% year-over-year each month since Musk bought the company in October 2022, Reuters reported last month. "Musk has stated that Twitter is worth a lot lesser than the $44 billion he had paid for it.

Persons: Elon Musk, Porte, Gonzalo Fuentes, Elon, Walt Disney, Musk, D.A, Tom Forte, Russ Mould, AJ Bell, Chavi Mehta, Jaspreet Singh, Aby Jose Koilparambil, Anil D'Silva Organizations: SpaceX, Tesla, Twitter, Viva Technology, Porte de, REUTERS, New York Times, Warner Bros ., Davidson &, U.S, X, Reuters, Thomson Locations: Paris, France, Bengaluru

The startup's newly appointed interim head moved quickly to dismiss speculation that OpenAI's board ousted Altman due to a spat over the safety of powerful AI models. It was not clear why Murati had stepped down as interim CEO. [1/4]Sam Altman, CEO of OpenAI, attends the Asia-Pacific Economic Cooperation (APEC) CEO Summit in San Francisco, California, U.S. November 16, 2023. Some of those joining Altman at Microsoft include senior researchers Szymon Sidor and Jakub Pachocki, according to Brockman. Microsoft had supported a return by Altman to the startup, according to sources, a move that seemed likely only hours prior to Monday's announcements.

Persons: OpenAI, Emmett Shear, Sam Altman, Greg Brockman, OpenAI's, Altman, Shear, Ilya Sutskever, we've, Sutskever, Mira Murati, reinstates Altman, Brockman, Bret Taylor, Will Hurd, Murati, Carlos Barria, Richard Windsor, Satya Nadella, Szymon Sidor, Jakub Pachocki, Russ Mould, AJ Bell, Nadella, Jeffry Dastin, Anna Tong, Krystal Hu, Akash Sriram, Aditya Soni, Urvi, Shubham, Stephanie Kelly, Nivedita Bhattacharjee, Miyoung Kim, Sam Holmes, Susan Fenton, Chizu Nomiyama, Anil D'Silva Organizations: Microsoft, FRANCISCO, Google, OpenAI, Reuters, Economic Cooperation, REUTERS, Radio Free Mobile, Thomson Locations: OpenAI, Texas, Asia, San Francisco , California, U.S, San Franciso, New York, Bengaluru

Investment apps have made it too easy to check your investments, financial advisors say. Find a Qualified Financial Advisor Looking for the right advisor for you? Datalign Advisory makes finding a financial advisor specific to your needs easier than ever. "If you've done your homework or worked with someone to create a good long term investment plan, trust that it's going to work." Focus on what you can controlFinally, financial advisor Russ Ford of Wayfinder Financial says most people have limited time and mental energy to spend thinking about money.

Persons: —, Thomas Kopelman, Jeff Rose, you've, Rose, Jordan Nietzel, Get, Stephen Carrigg, There's, Gregory J, Cameron L, Richard Cooke, David H, DeWitt, Russ Ford, Ford Organizations: Investment, Service, Dow Jones, Trek Wealth, SEC, Bentron Financial, of Sound Foundation, Advisors, Vincere Wealth Management, DeWitt Capital Management, Wayfinder Locations: Indianapolis, DeWitt

☆ Food production is accelerating the climate crisis, but AI and other emerging technologies could turn things around
▼ + stars: | 2023-11-07 | by ( Hazel Davis | ) www.businessinsider.com time to read: +6 min

Many common consumer food products are derived from fossil fuels. AdvertisementAdvertisementMultinational consumer food brands, including the fast-food giants McDonald's and Burger King, are under increasing pressure to decarbonize their supply chains and meet global net-zero and ESG goals. Many common ingredients used in consumer products are derived from fossil fuels or produced through unsustainable farming methods. AdvertisementAdvertisementHoxton Farms, a London-based biotech company, is working on creating cultivated fat as a sustainable alternative to traditional animal fats. Regulatory challenges and the path forwardWhile the potential for sustainable and alternative food products is promising, regulatory challenges exist.

Persons: —, Twig, Russ Tucker, Tucker, Ed Steele, Steele, Shivin Kohli, Kohli Organizations: Service, Department, Agriculture, Food and Drug Administration, FDA, USDA, Access Locations: Burger, Hoxton, London

☆ Climate tech startups Montinutra, Harvest Thermal, Bisly, and Twig recently raised a combined $13.6 million. We got a look at the pitch decks they used to raise the funds.
▼ + stars: | 2023-11-07 | by ( Tasmin Lockwood | ) www.businessinsider.com time to read: +7 min

Climate tech startups Montinutra, Harvest Thermal, Bisly, and Twig have recently raised a collective $13.6 million between them as early-stage deals continue to dominate the venture capital industry. Biochemicals startup Montinutra, founded in 2018, raised 2 million euros, $2.1 million, in October to convert forestry sidestreams into sustainable alternatives to petrochemicals. Check out the 18-slide pitch deck below:MontinutraMontinutraMontinutraMontinutraMontinutraMontinutraMontinutraMontinutraMontinutraMontinutraMontinutraMontinutraMontinutraMontinutraMontinutraMontinutraMontinutraMontinutraHeat pump startup Harvest Thermal raised $4 millionCalifornia-based Harvest Thermal raised a $4 million round for its heat pump and thermal storage combination in October. It is riding political tailwinds amid the US' recent commitment to install 20 million heat pumps by 2030. Check out the redacted pitch deck that it used to raise the funds below:Harvest ThermalHarvest ThermalHarvest ThermalHarvest ThermalHarvest ThermalHarvest ThermalHarvest ThermalHarvest ThermalHarvest ThermalHarvest ThermalHarvest ThermalHarvest Thermal Harvest ThermalHarvest ThermalHarvest ThermalHarvest ThermalHarvest ThermalHarvest ThermalBuilding energy management startup Bisly secured $3.8 millionEstonian startup Bisly, which wants to make it cheaper to improve the energy efficiency of buildings, just raised 3.6 million euros, $3.8 million, in seed funding in October.

Persons: Twig, Pajunen, Portfolia, Russ Tucker Organizations: Metsä, Earth Foundry, Climate Partners, Starshot, National Science Foundation, California Energy Commission, International Energy Agency, Aconterra, Second Century Ventures, SmartCap, Fund, Pinorena, Innovation, Seed Fund Locations: California, London

☆ Wind Power Write-Downs Cast Shadow Over Industry Outlook
▼ + stars: | 2023-11-01 | by ( Giulia Petroni | ) www.wsj.com time to read: +5 min

Wind-power developer Orsted scrapped projects in New Jersey citing supply-chain problems and high interest rates. Orsted , BP and Equinor have collectively written off $4.8 billion against U.S. offshore wind projects in recent days. Equinor, BP’s partner on the Empire Wind and Beacon Wind projects, booked an impairment of around $300 million on its U.S. portfolio. Utility Dominion Energy on Tuesday received a key federal approval for its 2.6-gigawatt offshore wind project in Virginia. And Orsted confirmed its final investment decision into Revolution Wind, an offshore 704-megawatt project in Connecticut and Rhode Island.

Persons: Wayne Parry, Orsted, Mads Nipper, henning bagger, ”, Phil Murphy ’, Martin Tessier, Stifel ’, —, Engie, Vattenfall, Russ Mould, AJ Bell, Dominic, Giulia Petroni Organizations: Associated, U.S, Agence France, Republicans, Democratic Gov, ”, BP, Iberdrola, Shell, Business, Siemens Energy, Dominion Energy, giulia.petroni@wsj.com Locations: New Jersey, U.S, Danish, New York, Connecticut, Massachusetts, Swedish, Norfolk, Virginia, Rhode Island, Asia Pacific, Europe

☆ Aston Martin shares plunge on volume target cut, lingering debt
▼ + stars: | 2023-11-01 | by ( Elliot Smith | ) www.cnbc.com time to read: +3 min

Company shares had plunged by as much as 20% in earlier trade. Aston Martin reported an adjusted operating loss of £48.4 million ($58.8 million) for the three months to the end of September and a net revenue of £362.1 million, below a company-compiled consensus of £370 million. "The DB12 production ramp up was temporarily affected as supplier readiness and integration of the new EE platform that supports the fully redeveloped infotainment system was delayed," Aston Martin said in its earnings report on Wednesday. Aston Martin Executive Chairman Lawrence Stroll said the launch of the DB12 has seen "extraordinary demand" and is bringing in new customers, with 55% of initial DB12 buyers new to the brand. "With the shares trading at a tenth of the level at which they listed in 2018, the optimistic comparisons Aston Martin made for itself with Italian rival Ferrari look as fanciful as they ever did."

Persons: Aston Martin, Lawrence, Aston, Russ Mould, AJ Bell, Aston Martin's, " Mould, Ferrari Organizations: Company, Aston, Aston Martin, Saudi Arabia's Public Investment Fund Locations: London

☆ WeWork’s shares plunge 37% on bankruptcy reports
▼ + stars: | 2023-11-01 | by ( Hanna Ziady | ) edition.cnn.com time to read: +2 min

London CNN —WeWork’s shares plunged 37% in pre-market trading Wednesday, following news reports that the beleaguered company plans to file for bankruptcy as early as next week as its losses mount. The SoftBank-backed flexible workspace provider is considering filing for Chapter 11 bankruptcy protection in New Jersey, the Wall Street Journal and Reuters reported Tuesday, citing people familiar with the matter. A bankruptcy filing would mark a spectacular reversal of fortunes for a company valued at $47 billion in 2019. The company’s demise has been years in the making, after it struggled to recover from a botched IPO in 2019. At the time, listing paperwork revealed larger-than-expected losses and potential conflicts of interest related to the company’s founder and then-CEO Adam Neumann.

Persons: London CNN —, ”, Russ Mould, AJ Bell, “, SoftBank, Adam Neumann, WeWork Organizations: London CNN, Wall Street Journal, Reuters, CNN Locations: New Jersey

(AP) — A Missouri prosecutor has dropped and refiled the murder case against Pamela Hupp, a killing that inspired a TV miniseries. Lincoln County Prosecuting Attorney Mike Wood charged Hupp with first-degree murder in July 2021, accusing her of killing her friend, Betsy Faria, a decade earlier. The original case had been moved on a change of venue to Springfield, about four hours away from Lincoln County. The Faria case was the subject of an NBC miniseries last year, “The Thing About Pam,” which starred Renee Zellweger. In that case, Hupp staged a fake kidnapping to divert attention from herself in a reinvestigation of the Faria killing, prosecutors said.

Persons: TROY, Pamela Hupp, Mike Wood, Betsy Faria, Russ, Wood, Louis, Besty Faria’s, ”, Hupp, Faria, Russ Faria, Pam, Renee Zellweger, Louis Gumpenberger, Gumpenberger Organizations: —, Louis Post, Dispatch, Prosecutors, Lincoln County Sheriff’s Department, NBC, Dateline Locations: Mo, Missouri, Lincoln County, Springfield, Lincoln

☆ How Rockstar Energy Creator Russ Weiner Got ‘Addicted’ to Flipping High-Priced Homes
▼ + stars: | 2023-10-12 | by ( Libertina Brandt | ) 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/real-estate/luxury-homes/rockstar-energy-russ-weiner-homes-d3501b05

Persons: Dow Jones, weiner

☆ UK transport group Mobico's shares hit record low on profit warning
▼ + stars: | 2023-10-12 | by ( ) www.reuters.com time to read: +2 min

SummaryCompanies Cuts annual profit forecastSuspends dividendsShares fall to record lowOct 12 (Reuters) - Mobico's (MCG.L) shares fell by a third to a record low on Thursday after the British transport company cut its annual profit forecast and suspended dividends, as high costs hit the group's efforts to improve profitability. The company, which changed its name from National Express to Mobico earlier this year, said it was planning to sell its North America school bus business in early 2024 to cut debt. The company was hit hard during the pandemic as lockdowns restricted travel and governments had to support transport operators. Mobico's school bus business in North America has faced high costs and labour shortages. "The profit warning just goes to show it takes more than a name change to prompt a recovery in a company's fortunes," Mould added.

Persons: Russ Mould, AJ Bell, Mobico, Mould, Radhika Anilkumar, Nivedita Bhattacharjee, Miral Fahmy, Sharon Singleton, Jane Merriman Organizations: National Express, North America, U.S, Stagecoach, Thomson Locations: British, North America, Britain, Europe, North Africa, Bengaluru

☆ Steve Scalise's cancer becomes 'the elephant in the room' as House Republicans struggle to unify behind their speaker nominee
▼ + stars: | 2023-10-12 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +6 min

Rep. Steve Scalise, the GOP nominee to the next speaker of the House, has a rare blood cancer. "I guess it's the elephant in the room," said Rep. Tim Burchett of Tennessee, who supports Scalise's speakership bid. Scalise was diagnosed in August with multiple myeloma, a form of cancer that's treatable but not curable, and is currently undergoing chemotherapy. "I will admit it's a concern," said Rep. Keith Self of Texas, who's among the Republicans who have yet to support Scalise. Burchett also suggested that Greene was getting more attention for her remark about Scalise's cancer because she's a woman.

Persons: Steve Scalise, Marjorie Taylor Greene, Scalise, —, Tim Burchett, Scalise's, Andy Ogles, Greg Murphy of, Murphy, Russ Fulcher, David Schweikert, Greene, Kevin McCarthy, Jim Jordan of, Trump —, Jordan —, Steve, Trump, Louisiana Republican —, it's, Tom Tiffany of Wisconsin, Jordan, Keith Self, Bob Good, I've, Fulcher, who's, McCarthy, James, Burchett, she's Organizations: GOP, Trump, Service, Louisiana Republican, House Republicans, Scalise, Fox News Locations: Louisiana, Tennessee, Georgia, Greg Murphy of North Carolina, Russ Fulcher of Idaho, Arizona, Jim Jordan of Ohio, Texas, Virginia, chemo

☆ Blood tests needed for widespread Alzheimer's diagnosis on the way
▼ + stars: | 2023-10-11 | by ( Deena Beasley | ) www.reuters.com time to read: +6 min

Several Alzheimer's blood tests are in the works – and one is already being sold to consumers – but none have been established as accurate, formally approved by regulators or reimbursed by insurers. Researchers have been working for years on blood tests for Alzheimer's that can replicate these diagnostic tools. The need for blood tests has become more pressing since the FDA approved Leqembi in July. Accurate blood tests are expected to help identify which dementia patients actually have Alzheimer’s, the most common but not the only cause of dementia. "When there are widely available, scalable, sensitive and specific blood tests it will be an absolute game changer for Alzheimer's patients."

Persons: Denis Balibouse, Eli Lilly, Dr, Sarah Kremen, Eliezer Masliah, Eisai, Michael Irizarry, Roche, Bruce Jordan, Russ Paulsen, Deena Beasley, Caroline Humer, Bill Berkrot Organizations: Memory Centre, of Readaptation, University Hospital, REUTERS, FDA, Sinai Medical Center, Wednesday, Quest Diagnostics, National Institute, Aging, U.S . National Institutes of Health, C2N Diagnostics, Roche Diagnostics, Alzheimer's Association, RAND, Thomson Locations: Geneva, Switzerland, Leqembi, Eisai, Los Angeles, U.S

Healthcare workers strike in front of Kaiser Permanente Los Angeles Medical Center, as more than 75,000 Kaiser Permanente healthcare workers go on strike from October 4 to 7 across the United States, in Los Angeles, California, U.S. October 4, 2023. WHAT ARE KAISER WORKERS' DEMANDS AND WHAT IS THE COMPANY OFFERING? Some of the key demands by the workers include higher pay to keep up with the cost of living, a $25-per-hour minimum wage for all healthcare workers, and a reformed bonus structure. The union insists Kaiser needs to hire 10,000 new healthcare workers to fill current vacancies, as well as "fix broken hiring processes" that are preventing full staffing. The unions are asking Kaiser Permanente to make massive investment in the education and training of future healthcare workers, and for a diminished role for vendors and third-party contractors that the healthcare network relies on.

Persons: Julie Su, Kaiser, Kaiser Permanente, John August, Russ Richmond, Leroy Leo, Bhanvi, Ahmed Aboulenein, Steve Gorman, Shinjini Ganguli, Diane Craft Organizations: Kaiser Permanente Los Angeles Medical Center, Permanente, REUTERS, Kaiser Permanente, Labor, AMN Healthcare, District of Columbia, Cornell's School of Industrial and Labor Relations, Tenet Healthcare, Satellite Healthcare, Fresenius, Thomson Locations: United States, Los Angeles , California, U.S, Kaiser, California, Bengaluru, Washington, Los Angeles

☆ Government bonds are in a rout worldwide. Here's why you should care
▼ + stars: | 2023-10-04 | by ( Anna Cooban | ) edition.cnn.com time to read: +7 min

When official interest rates rise, so do investors’ expectations for returns on bonds, known as yields. In the United Kingdom, the yield on 30-year bonds also reached 5% this week, the highest level in more than two decades. Yields on Italy’s 10-year bonds hit 5% on Wednesday, the highest level since 2012, when that crisis was in full swing. Mortgage rates riseThe yields on local government bonds are usually used by banks to price mortgages. High official interest rates in America and Europe have also raised the cost of borrowing for businesses.

Persons: Saul Loeb, Liz Truss, —, Matt Cardy, Freddie Mac, Andrew Sheets, Morgan Stanley, Stocks, ” Russ Mould, AJ Bell, we’ve, ”, “, That’s, ” Susannah Streeter, Hargreaves Lansdown Organizations: London CNN, US Treasury Department, Getty, UK, CNN, Nasdaq, Federal Reserve, BlackRock, Hargreaves Locations: Washington ,, United Kingdom, Bath, England, United States, Europe, America

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., September 26, 2023. Investors' focus will be on the final gross domestic product (GDP) estimate for the second quarter and weekly jobless claims data - due at 8:30 a.m. ET, as well as remarks by voting members Chicago Fed President Austan Goolsbee and Board Governor Lisa Cook during the day. The scope for interest rates staying higher for longer than anticipated has solidified with soaring energy prices keeping headline inflation elevated. Meme darling GameStop (GME.N) jumped 7.2% after the company named billionaire activist investor Ryan Cohen as its CEO and chairman.

Persons: Brendan McDermid, Ryan Cohen, Jerome Powell's, Powell, Austan Goolsbee, Lisa Cook, Russ Mould, AJ Bell, GameStop, Ankika Biswas, Shashwat Chauhan, Maju Samuel, Sriraj Organizations: New York Stock Exchange, REUTERS, Micron, GameStop, Dow, Nasdaq, Federal, Treasury, Apple, Microsoft, Investors, Chicago Fed, Dow e, Traders, Micron Technology, Thomson Locations: New York City, U.S, Riding

☆ Trump, Weighing In on Auto Strike, Has a Mixed Legacy on Unions
▼ + stars: | 2023-09-27 | by ( Russ Buettner | More About Russ Buettner | ) www.nytimes.com time to read: +2 min

Mr. Trump’s early interactions with labor unions were based on less complex concerns. Mr. Trump paid $1.375 million to settle the case, including a $500,000 payment to a union benefits fund. The terms of the settlement remained sealed until Mr. Trump became president and a judge released them over his objections. Those companies typically handled the hiring and management of union workers. “We had very little, if anything, to do with the unions,” said Barbara Res, who oversaw the construction of Trump Tower for Mr. Trump and worked with him for years.

Persons: Trump, Teller, “, ”, Barbara Res, John R, O’Donnell, Mr Organizations: Mr, Trump, Trump Plaza Locations: Manhattan, New York, Atlantic City

Search resuls for: "Russ"

25 mentions found