DIRS.INFO The most relevant business & tech news

☆ 'Succession' is over, so now what?
▼ + stars: | 2023-06-03 | by ( Lisa Respers France | ) edition.cnn.com time to read: +4 min

Viewers of “Succession” are mourning as the series came to a dramatic close after four seasons, leaving Sunday nights with an empty space to fill. If you loved “Succession,” here are just a few other shows you might enjoy. HBO Max“The Righteous Gemstones”(From left) Edi Patterson, Danny McBride and Adam Devine in "The Righteous Gemstones." “The Righteous Gemstones” is streaming on Max, which is owned on CNN’s parent company. Jeff Neumann/ShowtimeAnother drama similar to “Succession,” “Billions” will also give you your rich-people-behaving-badly fix.

Persons: Roy, HBO Max “, Patterson, Danny McBride, Adam Devine, Ryan Green, it’s, “, Paul Giamatti, Chuck Rhoades, Corey Stoll, Michael, Mike, Prince, Jeff Neumann, ”, Damian Lewis, Bobby Axelrod, Kevin Costner, Kevin Lynch, Dutton, … Sia, Christopher Polk, Sia, I’ve, ’ ”, Count, Maddie Ziegler, Marcelo Hernandez, Taylor Hawkins, Can’t, … Wanda Sykes, Wanda Sykes, I’m Organizations: CNN, HBO, Showtime, Justice Department, Paramount, Yellowstone, Paramount Network, Dolby Theatre, NBC, NBCU, Bank, Getty, Singer, “, Foo, Lollapalooza, Parque Bicentenario Cerrillos, Foo Fighters, Netflix Locations: Yellowstone, “, ”, Montana, Los Angeles , California, Lollapalooza Chile, Santiago , Chile, America

☆ US clamps down on sensitive export requests to China
▼ + stars: | 2023-05-30 | by ( David Shepardson | ) www.reuters.com time to read: +2 min

Nearly 700 Chinese parties are subject to the government's export controls on what is known as the "Entity List," Assistant Secretary of Commerce for Export Enforcement Matthew Axelrod said in written testimony. The goal is to counter China's "military modernization, human rights abuses, and other activities contrary to our national security and foreign policy interests," he said. The hearing is titled "Countering China: Advancing U.S. National Security, Economic Security, and Foreign Policy". The administration's plans to restrict certain U.S. outbound investments in specific sensitive technologies are still under discussion, said testimony from Treasury Department official Paul Rosen. Commerce Secretary Gina Raimondo said in March the Biden administration was considering a pilot program to address risks about investment in China.

Persons: Beijing's, Thea Rozman Kendler, Export Enforcement Matthew Axelrod, Biden, Paul Rosen, Gina Raimondo, Raimondo, David Shepardson, Karen Freifeld, Chris Reese, Sonali Paul Organizations: U.S, Commerce, Export Enforcement, . National Security, Economic Security, Treasury Department, Thomson Locations: China

☆ Opinion: The ultimate ‘Succession’ lesson
▼ + stars: | 2023-05-28 | by ( Richard Galant | ) edition.cnn.com time to read: +13 min

We’re looking back at the strongest, smartest opinion takes of the week from CNN and other outlets. Walt Handlesman/Tribune Content AgencyIn a much more ominous vein, the theme of survival dominates the HBO show “Succession,” which is coming to an end Sunday. She’s so caught up in beating her brothers at the succession game that she can’t see this baby as anything but an obstacle.”“Ultimately, this storyline is a perfect encapsulation of the larger tragedy that is ‘Succession,’” Bodenheimer added. The contest for the 2024 GOP presidential nomination heated up last week with the official entry of Florida Gov. Ron DeSantis, former President Donald Trump’s strongest challenger in the polls.

☆ Opinion: A boast that could sink Trump
▼ + stars: | 2023-05-21 | by ( Richard Galant | ) edition.cnn.com time to read: +20 min

We’re looking back at the strongest, smartest opinion takes of the week from CNN and other outlets. CNN —“I’m the one that got rid of Roe v. Wade,” former President Donald Trump boasted Tuesday on Newsmax. Congress has the power to rein in the court, wrote CNN legal analyst and law professor Steve Vladeck, whose new book “The Shadow Docket” focuses on the Supreme Court. Courtesy Boaz FreundIn 2019, then-President Trump issued an executive order requiring hospitals to post the prices of common medical services and procedures. For some, its celebration of a multiracial but purely fictional British aristocracy may even be a big part of its appeal.”As escapism, “Queen Charlotte” is a success.

☆ David Axelrod: After Barack Obama, America will never be the same
▼ + stars: | 2023-05-20 | by ( David Axelrod | ) edition.cnn.com time to read: +7 min

David Axelrod, a CNN senior political commentator and host of “The Axe Files,” was a senior adviser to former President Barack Obama and chief strategist for the 2008 and 2012 Obama presidential campaigns. CNN —In all the years I worked for Barack Obama, I didn’t think enough about the burdens of being America’s first Black president – in part because he bore them so gracefully. The president asked me to chat with her and assess how she would hold up under the pressures of the confirmation process and that weighty history. Jacob Philadelphia, the son of a White House staff member, touches then- President Barack Obama's hair in the Oval Office of the White House. It was a moving, spontaneous scene captured by the splendid White House photographer Pete Souza.

☆ Why Mother’s Day is the most hated day in the restaurant industry
▼ + stars: | 2023-05-12 | by ( Alexandra Peers | ) edition.cnn.com time to read: +6 min

New York CNN —Mother’s Day is one of the busiest days for the American restaurant industry, presenting a massive operational challenge to restaurants. In fact, if I die and go to hell, I completely expect it to be Mother’s Day. Mother’s Day presents “an operational challenge,” said Shawn Walchef, owner of five Cali BBQ eateries in the San Diego area. “Your Mother’s Day meal can’t be obnoxiously expensive,” said Derek Axelrod, co-owner of Manhattan’s Upper East Side T bar restaurant. Their Mother’s Day menu will likely be upwards of $100 person, but won’t turn much of a profit, he said.

☆ Opinion: Biden’s secret weapon to defuse the age issue
▼ + stars: | 2023-04-30 | by ( Opinion Dean Obeidallah | ) edition.cnn.com time to read: +7 min

Recent polls tell us that many Americans have questions about the age of the 80-year-old Biden heading into the 2024 election. It’s in everybody’s mind and by everyone, I mean The New York Times.” Biden then added, “Headline: ‘Biden’s advanced age is a big issue. Biden’s reelection campaign (he announced his bid last week) is not the first time that age has been front and center in a presidential campaign. It became even more acute after the first presidential debate in October 1984. At the second presidential debate, however, Reagan was ready for the age question.

☆ Opinion: What happens when you knock on a door
▼ + stars: | 2023-04-23 | by ( Richard Galant | ) edition.cnn.com time to read: +18 min

We’re looking back at the strongest, smartest opinion takes of the week from CNN and other outlets. In Kansas City, Andrew Lester, an 84-year-old White homeowner shot Ralph Yarl, a Black teenager who rang his doorbell. And, “with Trump as the front-runner for the 2024 Republican nomination, Fox has resumed coverage of him which often veers into the free-advertisement category. Neither Robert F. Kennedy Jr., who announced his candidacy last week, nor Marianne Williamson represents a serious threat, Axelrod noted. “The calendar reads 2023,” wrote the Republican former lieutenant governor of Georgia, Geoff Duncan, “but it feels like 2016 all over again.

☆ Opinion | DeSantis’s Puddin’ Head Campaign
▼ + stars: | 2023-04-22 | by ( Maureen Dowd | ) www.nytimes.com time to read: 1 min

WASHINGTON — Back in the more openly sexist days of Hollywood, writers would get notes on their scripts about women characters. The studio suits would ask questions like, “Can they go to a strip club here?” or “Can you chain her to a wall?”The most common note from male executives was, “Make the girl more likable.”No doubt Ron DeSantis’s advisers are getting notes from donors these days with the message, “Make the guy more likable.”As David Axelrod told me, the Florida governor is coming across like “the high school quarterback who throws the geek against the lockers to get a laugh from the cheerleaders — and that’s not a good look.”He said DeSantis is learning a lesson: “The kind of tricks you use to get elected to other offices don’t work in a presidential race because you get scrutinized so closely.”

☆ Opinion | Biden Should Take Voters’ Concerns About Age Seriously
▼ + stars: | 2023-04-22 | by ( The Editorial Board | ) www.nytimes.com time to read: +1 min

But candidates shouldn’t pretend, as Mr. Biden often does, that advanced age isn’t an issue. If Mr. Biden runs again, as he recently said he intends to, questions will persist about his age until he does more to assure voters that he is up to the job. The current Senate, where the average age is 63.9 years, is the second oldest since 1789. The House, where the average age is 57.5 years, is the third oldest. By comparison, the average age in the United States is 38.8 years.

☆ Opinion: Why Biden has little 2024 Democratic opposition
▼ + stars: | 2023-04-21 | by ( David Axelrod | ) edition.cnn.com time to read: +7 min

CNN —President Joe Biden was the toast of Ireland last week, as he was treated to a hero’s welcome in a pageant-laden return to his ancestral home. Biden, who is expected to formalize his plans next week, has a significant body of achievements on which to run. So is the absence of a real primary challenge simply the luck of the Irish? Perhaps with that primary battle in mind, Biden has worked assiduously to court the progressive wing of the party, from which such Democratic primary challenges generally arise. Finally, there is former President Donald Trump, whose candidacy is a boost to Biden among Democrats.

☆ Seagate hit with $300 million penalty for continuing $1 billion relationship with blacklisted firm Huawei, despite U.S. export controls
▼ + stars: | 2023-04-20 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +3 min

Computer storage company Seagate will pay a $300 million penalty for allegedly continuing an unauthorized $1.1 billion relationship with Chinese technology firm Huawei after the company was added to a U.S. trade blacklist in 2020. Seagate shipped over 7.4 million HDDs to Huawei from Aug. 2020 to Sept. 2021, federal regulators said. Neither Huawei nor Seagate made an apparent effort to hide their relationship, according to federal charging documents. Those lines of credit allowed Huawei to order an "increasing volume" of HDDs, federal regulators said, that Huawei wouldn't have been able to pay for otherwise. Even after export controls were imposed, a senior Seagate executive publicly justified the continued relationship with Huawei, regulators alleged.

April 19 Reuters) - Seagate Technology Holdings (STX.O) has agreed to pay a $300 million penalty in a settlement with U.S. authorities for shipping over $1.1 billion worth of hard disk drives to China's Huawei in violation of U.S. export control laws, the U.S. Department of Commerce said on Wednesday. Seagate sold the drives to Huawei between August 2020 and September 2021 despite an August 2020 rule that restricted sales of certain foreign items made with U.S. technology to the company. Seagate shipped 7.4 million drives to Huawei for about a year after the 2020 rule took effect and became Huawei's sole supplier of hard drives, the Commerce Department said. The other two primary suppliers of hard drives ceased shipments to Huawei after the new rule took effect in 2020, the department said. Even after "its competitors had stopped selling to them ... Seagate continued sending hard disk drives to Huawei," Matthew Axelrod, the Commerce Department's assistant secretary for export enforcement said in a statement.

☆ Maggie Haberman says Trump is 'stronger than people think' and Democrats should be cautious about pining for a rematch
▼ + stars: | 2023-03-08 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +3 min

"I do think that he is stronger than people think," Haberman said on a recent podcast. Trump has called Haberman "like my psychiatrist" and the veteran Times reporter wrote a lengthy biography about the former president. She ticked off a list of reasons why Trump remains a formidable force in the GOP, including his committed base of supporters even if that support has eroded. Haberman added out that even after the January 6 Capitol riot, a segment of the Republican Party remains behind Trump. "There are plenty of Democrats that you and I know that are rooting for Trump to be the nominee, because they think he will be the easiest for President Biden to beat," she said.

REUTERS/Eric ThayerMarch 2 (Reuters) - The Biden administration on Thursday added 37 companies to a trade blacklist, including units of Chinese genetics company BGI (300676.SZ) and Chinese cloud computing firm Inspur, in a move that promises to further ratchet up tensions with Beijing. The Commerce Department, which oversees export controls, added BGI Research and BGI Tech Solutions (Hongkong), over allegations that the units pose a "significant risk" to contributing to Chinese government surveillance. The Commerce Department accused Inspur of acquiring and attempting to acquire U.S. goods to support China's military modernization efforts. Commerce added 26 other Chinese entities to the list - which makes it hard for targeted companies to receive shipments of U.S. goods from suppliers. In 2020, the Commerce Department added two units of BGI Group, the world’s largest genomics company, to its economic blacklist over allegations it conducted genetic analyses used to further the repression of China’s minority Uyghurs.

☆ Americans arrested for allegedly sending aviation technology to Russia
▼ + stars: | 2023-03-02 | by ( Karen Freifeld | ) www.reuters.com time to read: +2 min

March 2 (Reuters) - Two Americans were arrested in Kansas City on Thursday for an alleged scheme to send aviation-related technology to Russia in violation of U.S. export controls. The defendants are charged with conspiracy, exporting controlled goods without a license, falsifying and failing to file export information, and smuggling goods contrary to U.S. law. The U.S. imposed additional restrictions on avionics after Russia invaded Ukraine last year, along with controls on other goods targeting Russia's defense, aerospace and maritime sectors. The controls were later expanded to include Russia’s oil refining, industrial and commercial sectors, and luxury goods. Reporting by Karen Freifeld; Editing by Leslie Adler and Marguerita ChoyOur Standards: The Thomson Reuters Trust Principles.

☆ Goldman Sachs' investor day led to more questions than answers
▼ + stars: | 2023-03-01 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

David Solomon at Goldman Sachs' 2023 investor day. All eyes were on Goldman Sachs yesterday as the bank held its second-ever investor day. The biggest news of the day was Solomon, along with other key executives, acknowledging the bank was exploring "strategic alternatives" for its consumer business. Hinting at "strategic alternatives" was something people would want to hear more about. And click here to read more about Goldman exploring "strategic alternatives" for its consumer biz.

☆ 3D printer company to pay U.S. up to $27 mln for violating export curbs to China
▼ + stars: | 2023-02-27 | by ( Karen Freifeld | ) www.reuters.com time to read: +2 min

WASHINGTON, Feb 27 (Reuters) - 3D Systems Corp on Monday agreed to pay up to $27 million to settle with the U.S. for illegally exporting to China controlled design drawings for military electronics and spacecraft, among other violations. Besides the Commerce Department, the company also settled with the U.S. Department of Justice and the U.S. Department of State. The Commerce Department penalty is for $2.8 million. In addition to the aerospace documents, the Commerce Department said, 3D Systems exported metal alloy powder to China without a license, although it is restricted for national security and nuclear nonproliferation reasons. "The company is pleased to have reached a settlement with the agencies and remains committed to continuing to enhance its export controls program," 3D Systems said in a statement.

☆ Biden documents bungle seen as political black eye before 2024 launch
▼ + stars: | 2023-01-14 | by ( Jeff Mason | ) www.reuters.com time to read: +3 min

"It basically ... is a huge gift to Trump," said David Axelrod, a former political adviser to President Barack Obama. Axelrod said the latest developments were an "embarrassment" because Biden criticized his predecessor after the FBI found classified government documents during a court-ordered search of Trump's Florida resort. The White House has promised to cooperate with the Department of Justice investigation and says the documents were inadvertently misplaced. In September Biden called Trump's handling of classified documents "totally irresponsible." "This is a distraction for the White House right when they were starting to gain some momentum," said Alex Conant, a Republican strategist and former spokesman for Republican President George W. Bush.

But even Democrats acknowledge the issue will give the new GOP-controlled House a fresh line of attack against the White House and may help Trump neutralize or counteract one of the most potent charges against him. And of course, the FBI investigation into classified documents on former Secretary of State Hillary Clinton’s private email server may have sunk her 2016 presidential campaign. Recent polls show most Americans have little interest in Congress investigating Biden and are more likely to trust him over Trump or the new Congress. “I think House Republicans have tied themselves into knots already,” Petkanas added, noting GOP lawmakers have downplayed Trump’s documents. James Comer said Trump’s documents are not 'a priority.’ So how can they with a straight face say that the Biden documents have legs but Trump’s do not?”

[1/3] A view of the land repair work underway at site of an oil spill from Keystone Pipeline, located north of Washington, Kansas, U.S December 15, 2022. Erwin Seba/REUTERSCompanies TC Energy Corp FollowDec 21 (Reuters) - The U.S. pipeline regulator launched a review this year of its special permits that waive certain operating requirements for pipelines, following a government report into spills on TC Energy's Keystone oil pipeline, a source familiar with the matter said. The most recent major spill occurred this month in rural Kansas along Keystone, the only U.S. oil pipeline with a special permit to operate at higher pressure. PHMSA commissioned Oak Ridge National Laboratory, a Department of Energy research institution, to review special permits following a 2021 report on Keystone accidents, the source said. The latest Keystone spill raises doubts about whether PHMSA adequately assesses risk in granting special permits, said Don Deaver, a pipeline consultant.

☆ Axelrod on 2024 primaries: If you're thinking of challenging Biden, 'forget about it'
▼ + stars: | 2022-12-03 | by ( ) edition.cnn.com time to read: 1 min

David Axelrod says the Democrats moving the first 2024 primary from Iowa to South Carolina shows Biden's intention to run in 2024. "I think the message here is, if you're an insurgent and thinking of challenging the President, forget about it, because there's not going to be an opportunity here to do that."

☆ If DeSantis doesn't get his 2024 decision timing right, he risks peaking too soon like Scott Walker or wasting his big moment like Chris Christie
▼ + stars: | 2022-11-23 | by ( Kimberly Leonard | Brent D. Griffiths | ) www.businessinsider.com time to read: +11 min

But as he faces a decision over whether to run for president in 2024, DeSantis shares far more similarities with two other ex-GOP frontrunners: Former Govs. Like DeSantis, Walker and Christie once seemed like inevitable frontrunners for the White House. Walker seized the moment, while Christie let his moment pass. "That's a huge difference in my opinion in terms of that moment," DuHaime said. "There was a moment for Christie in 2012 and there is a moment for Ron DeSantis in 2024.

☆ YMTC could be added to U.S. trade blacklist next month: U.S. official
▼ + stars: | 2022-11-14 | by ( Karen Freifeld | ) www.reuters.com time to read: +1 min

WASHINGTON, Nov 14 (Reuters) - Chinese memory chip maker YMTC and dozens of other Chinese entities are "at risk" of being added to a trade blacklist as soon as Dec. 6, a U.S. Commerce Department official said in prepared remarks seen by Reuters. Last month, 31 entities including YMTC were added to a list of companies that U.S. officials have been unable to inspect, ratcheting up tensions with Beijing and starting a 60 day-clock that could trigger the tougher penalties. YMTC and the Chinese embassy in Washington did not immediately respond to requests for comment. U.S. exporters must conduct additional due diligence before sending goods to entities placed on the "unverified list" and may have to apply for more licenses. Once a company is added to the entity list, its U.S. suppliers must seek a special license to ship even low tech items to it.

☆ Watch: David Axelrod reacts to election night voting trends
▼ + stars: | 2022-11-09 | by ( ) edition.cnn.com time to read: 1 min

How relevant is this ad to you? Video player was slow to load content Video content never loaded Ad froze or did not finish loading Video content did not start after ad Audio on ad was too loud Other issues

Search resuls for: "Axelrod"

25 mentions found