DIRS.INFO The most relevant business & tech news

☆ What the Fed’s interest rate decision means for your savings
▼ + stars: | 2024-06-12 | by ( Jeanne Sahadi | ) edition.cnn.com time to read: +7 min

Online high-yield savings accountsThe best bang for your savings can still be had in online high-yield savings accounts at FDIC-insured banks, which yield way more than today’s 0.58% overall average savings rate. As of June 11, the average online savings account rate was 4.40%, according to DepositAccounts.com. If you leave it parked in a regular savings account at 0.5%, you’ll get $50 in interest for a year. As with any savings account, banks can lower the rate they offer — also known as the APY — at any time. Money market accounts and money market fundsMoney market deposit accounts and money market mutual funds are generating yields competitive with the best high-yield savings accounts.

Persons: ’, ”, Greg McBride, ” McBride, you’ll, —, McBride, “, Collin Martin, Martin Organizations: New, New York CNN, Federal Reserve, National Credit Union Share Insurance, Securities Investor Protection Corporation, Treasury, Fed, Schwab Center, Financial Research Locations: New York, Schwab.com, United States

Nearly 78% of foreign-born men were in the labor force, compared to about 66% of native-born men. Foreign-born men had weekly earnings of $1,051, compared to $1,238 for native-born men, while foreign-born women had weekly earnings of $899, compared to $1,025 for their native-born counterparts. The foreign born were more likely to work in service, construction and maintenance jobs, among other occupations, which often pay less. Some 3.6% of the foreign born were unemployed last year – the same share as the native born. Just over 15% of foreign-born workers were White, and nearly 11% were Black.

Persons: Mario Tama Organizations: Getty, Foreign, of Labor Statistics, Labor Force, - Locations: American, Los Angeles , California, America

Shares of Logitech are up 2% on the year and could rally another 17%, if Scemama's target price holds true. Analyst Kristine Liwag accompanied the move by raising her price target to $225 from $178. The bank reiterated its overweight rating on the credit card stock but lifted its price target to $275 from $265. International revs should run above the 10%+," the analyst added. Goldman analyst Tina Hou set a 12-month price target of $34, while Bank of America analyst Ming Hsun Lee set a price objective of $35.

Persons: Bernstein, Goldman Sachs, Goldman, TZE, Brian Lee, Lee, — Spencer Kimball, Didier Scemama, Scemama, — Lisa Kailai Han, Morgan Stanley, Kristine Liwag, Heico's, Liwag, Stanley Black, Decker, Julian Mitchell, Mitchell, Wells, Wells Fargo, Donald Fandetti, Fandetti, Canaccord, Kingsley Crane, Crane, Oppenheimer, Jed, Kelly foresees, FanDuel —, Kelly, Zeekr, Tina Hou, Ming Hsun Lee, Hou, Stacy Rasgon, Rasgon, Fred Imbert Organizations: CNBC, Broadcom, Bank of America, Investors, Technologies, Department of Energy, Logitech, Boeing, Barclays, Stanley, Nvidia, American, Express, American Express, U.S . American Express, Wall, Zeekr, China EV, China, Geely Automobile, AMD Locations: Monday's, EU, U.S, China, BofA

☆ In Gregory Crewdson’s photographs, an enduring, haunted vision of American life
▼ + stars: | 2024-06-04 | by ( Jacqui Palumbo | ) edition.cnn.com time to read: +14 min

CNN —By now, the famed photographer Gregory Crewdson’s well-oiled, large-scale shoots are well documented. Gregory CrewdsonCrewdson nods to the Hitchcock classic “Vertigo” and the female lead’s doubled self in this photograph from his most recent series, “Eveningside,” from 2021-22. For the series, the photographer returned to Adams, Massachusetts, and transformed vacant storefronts, revisiting locations from earlier series. With Crewdson’s work, he added: “It’s completely staged, and every detail is thought through. It’s that moment — not the final picture — that he’s always chasing, he reiterated on the call.

Persons: Gregory Crewdson’s, Crewdson, ” Crewdson, ”, Gregory Crewdson Crewdson, Hitchcock, “, Gregory Crewdson, Walter Moser, David Lynch, Steven Spielberg, Alfred Hitchcock, ” Moser, Jeff Wall, Cindy Sherman, Philip, Lorca diCorcia —, It’s, it’s, he’s, Juliane Hiam, —, Moser, Sherman, Edward Hopper, William Eggleston, ” Gregory Crewdson, HBO’s, Julianne Moore, Tilda Swinton, Phillip Seymour Hoffman, Gwyneth Paltrow, Taylor, Haze ”, “ it’s, ’ ”, hasn’t, Rick Sands, Wes Anderson, ” Gregory Crewdson “, I’ve Organizations: CNN, Albertina, “, Pines, ”, New York Times Magazine, Yale Locations: Connecticut, Western Massachusetts, ”, Adams , Massachusetts, Vienna, Brooklyn ; New Haven , Connecticut, Pittsfield , Massachusetts, Crewdson’s, Vermont, America, Massachusetts, New York, New Haven, Pittsfield, Italy, Rome

☆ Sand, Sea and Soul: These Architects Follow Nature
▼ + stars: | 2024-05-23 | by ( Craig Kellogg | Ashok Sinha | ) www.nytimes.com time to read: +5 min

Their firm, Stelle Lomont Rouhani Architects, quietly became known for a brand of beach modernism that sits lightly in nature, with million-dollar water views of sea grass and open skies. This East Hampton home overlooking the Three Mile Harbor is one of the creations by Stelle Lomont Rouhani Architects. This place to relax in solitude sits near one of the houses designed by Stelle Lomont Rouhani Architects. “Sometimes they got big,” said Mr. Stelle, 77, recalling one with 30,000 square feet. Ms. Rouhani, 54, said she developed the plan “to incorporate this idea of drama” casual enough for family life.

Persons: Fred Stelle, ”, Calvin Klein, Aerin Lauder, Michael Kors, Stelle, Viola Rouhani, Michael Lomont, Eleanor Donnelly, Stelle Lomont Rouhani, Shawn Henderson, Julie Hillman billow, Mr, Lomont, Lee Furness Jackman, “, Hugh Jackman, Furness Jackman, Stelle lopped, Rouhani, Donnelly, Ms, Christie Brinkley Organizations: Hamptons, Mr, Stelle Lomont Rouhani Architects, Eastern Seaboard, Federal Emergency Management Agency, Fleetwood, LaGuardia Design Group Locations: Manhattan, Bridgehampton, Hampton, Australian, East Hampton, Plasticine

☆ The Siblings Who Changed How We Party
▼ + stars: | 2024-05-21 | by ( Christopher Barnard | ) www.nytimes.com time to read: +1 min

On an afternoon this spring, James Hirschfeld, a founder of Paperless Post, was at the company’s Lower Manhattan office surveying moodboards for digital invitation designs. As Mr. Hirschfeld examined the collagelike boards, he recalled a meeting about the design of new children’s invitations. Mr. Hirschfeld, 38, with his older sister, Alexa Hirschfeld, 40, started Paperless Post in 2009, when they were 23 and 25. He was a senior at Harvard and she was working at CBS as a second assistant to the anchor Katie Couric. Paperless Post has also earned fans in the heritage stationery businesses it sought to disrupt, collaborating with brands like Crane and Cheree Berry on digital products.

Persons: James Hirschfeld, Annie Atkins, Wes Anderson, Hirschfeld, “, ’ ”, Alexa Hirschfeld, Katie Couric, Crane, Cheree Berry Organizations: Paperless, Harvard, CBS Locations: Manhattan

☆ UBS says it's time to move out of cash. Here's where it sees opportunity
▼ + stars: | 2024-05-21 | by ( Michelle Fox | ) www.cnbc.com time to read: +3 min

The era of hiding out in cash is coming to an end, according to UBS. While investors have been earning yields of more than 5% on instruments like money market funds and certificates of deposit, those rates aren't expected to stick around much longer. "We believe investors should limit their overall cash balances as falling interest rates this year and beyond will diminish returns on cash," Solita Marcelli, chief investment officer Americas for UBS Global Wealth Management, wrote in a note Monday. Investors flooded into money market funds as the Federal Reserve began raising interest rates in 2022. UBS also moved out on the curve on TIPS earlier this month after initially buying 5-year inflation-protected securities in August.

Persons: Marcelli, Leslie Falconio, Falconio Organizations: UBS, UBS Global Wealth Management, Investors, Federal Reserve, Investment Company Institute, AAA, AAA CMBS Locations: UBS Americas

My condolences go out to the families that lost a loved one during yesterday’s severe weather event,” Gonzalez said. Over 531,000 customers in Harris County remain without power early Saturday following the line of storms, according to PowerOutage.us. “Isolated to scattered severe thunderstorms appear possible across portions of the Southeast and Carolinas on Saturday, and parts of the Upper Midwest,” the center said. The greatest chances for severe weather are across parts of Nebraska and Kansas, with a slight level 2 of 5 risk of severe thunderstorms issued by the Storm Prediction Center. By the end of the weekend, thunderstorm chances will diminish for most of the Southeast and Mid-Atlantic, the weather service said.

Persons: Samuel Peña, Harris County Sheriff Ed Gonzalez, Gonzalez, ” Gonzalez, David J, Phillip, –, Houston Mayor John Whitmire, ” Whitmire, Logan Riely Organizations: CNN, Houston Fire, Harris County Sheriff, Authorities, CenterPoint Energy, National Weather Service, Houston Mayor, Carolinas, Storm Prediction Locations: Houston, Southeast, Gulf, Harris County, Cypress , Texas, City, Texas, Louisiana, Houston , Texas, Mexico, Carolinas, Midwest, Plains, Nebraska, Kansas

Soaking storms will shift east on Friday and target more of the Gulf Coast after rumbling to life Thursday afternoon in parts of Texas. Floods deluge roads: Several roads closing in northern and eastern Bosque County, Texas due to water over crossings or bridges. More than a dozen school districts closed: The Houston Independent School District has announced campuses will be closed on Friday and will reopen next week. Schools will reopen on Monday, May 20,” the school district said in a message on Facebook. A handful of Houston-area school districts announced they would close Friday as well, including Aldine Independent School District, Channelview Independent School District and Cypress-Fairbanks Independent School District.

Persons: Mary Benton, Samuel Peña, Houston Mayor John Whitmire, Houstonians, Seth Waller, Bell County . Organizations: CNN, Houston Fire Department, Texas -, Florida Panhandle, National Weather Service, Hyatt, CenterPoint Energy, Houston Mayor, Houston, College Station, Houston Independent School, HISD, City of, Facebook, Aldine Independent School District, Channelview Independent School District, Fairbanks Independent School District Locations: Texas, Louisiana, Houston, Gulf, Mississippi, Alabama, Texas - Louisiana, Georgia, Florida, New Orleans, Baton Rouge and New Orleans, Hyatt Regency, Bryan, College, Bosque County , Texas, Bell County, Bell County . McLennan, Falls, City of Houston, Cypress

The storm also battered New Orleans overnight, with severe thunderstorms and flooding possible again Friday, according to the local branch of the National Weather Service. A home is severely damaged by a fallen tree after heavy winds and rains ripped through the region on May 17, 2024 in Houston, Texas. Across Houston, photos and videos on social media showed intense flooding and downed trees, as well as toppled electrical towers and power lines. Another video showed baseball fans leaving the stadium amid the bad weather. Strong winds appeared to have blown off roof panels at a Hyatt Regency Hotel in Houston, a video posted to X showed.

Persons: Melissa Phillips, Ike, Houston Mayor John Whitmire, Logan Riely, Harris, Lina Hidalgo, Hidalgo, Samuel Peña, Whitmire, Greg Abbott, Abbott, Brett Coomer, Jon Shapley Organizations: Hearst Newspapers, Getty, Houston Mayor, National Weather Service, Houston Independent School District, Houston Fire, Texas Gov, Texans, Facebook, Houston Astros, Hyatt Regency Locations: Parkway, West, Cypress, Texas, Houston, Romayor, New Orleans, Houston , Texas, Southeast Texas, Sowden, Houston's Harris County, Fargo Plaza

☆ At least 4 deaths in Houston, official says, as storms bring ‘life-threatening’ flood risk to Texas and Louisiana
▼ + stars: | 2024-05-16 | by ( Joe Sutton | Elizabeth Wolfe | ) edition.cnn.com time to read: +9 min

More than 100,000 are also in the dark in Louisiana as storms batter the state, as well. Parts of Texas and western Louisiana are under a rare Level 4 of 4 high risk of excessive rainfall Thursday, the Weather Prediction Center said. Major flooding has prompted water rescues in at least one Texas city. Texas and Louisiana have been in the bull’s-eye of seemingly unrelenting rounds of torrential, flooding downpours since the start of April. A tornado warning had been issued earlier Thursday evening in Harris County, including downtown Houston, according to the National Weather Service.

Persons: Samuel Peña, John Whitmire, Houston Mayor John Whitmire, Houstonians, what’s, Hurricane Harvey Organizations: CNN, Houston Fire, Hyatt, Weather Prediction, WPC, National Weather Service, Houston, KPRC, Houston Astros, Oakland Athletics, Houston Mayor, Centerpoint, METRO, Training, Florida Panhandle, Regional Climate Center ., Hurricane Locations: Houston, Hyatt Regency, Texas, Louisiana, Bryan, United States, Georgia, Waco, Mississippi, Lake Charles , Louisiana, Harris County, Harris, city’s, Gulf, Alabama, Florida, Shreveport , Louisiana

☆ Here are some options to reduce taxes on your savings interest this year
▼ + stars: | 2024-05-16 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +1 min

Many Americans are earning more on cash after interest rate hikes from the Federal Reserve — and that income can trigger a surprise at tax time. "So many people were shocked by their cash interest earned" and taxes owed, said Boston-based certified financial planner Catherine Valega, founder of Green Bee Advisory. Interest from savings accounts or certificates of deposits incurs regular or "ordinary income" taxes, depending on your federal income tax bracket. Some investors also owe state taxes on interest. Meanwhile, some of the biggest money market funds were paying north of 5% as of that date, according to Crane Data.

Persons: Catherine Valega, Trump Organizations: Federal Reserve, Green Bee, IRS, Finance, Biden, Data Locations: Boston

☆ Gen Z students lead pro-Palestine demonstrations while their Boomer professors see parallels to past protest eras
▼ + stars: | 2024-05-12 | by ( Hannah Getahun | ) www.businessinsider.com time to read: +9 min

At Indiana University, protesters say they've been met with a militarized response from police. AdvertisementOn April 25, a day after Indiana University made a controversial change to its protest policies, students built an encampment on the school's Dunn Meadow. Isabella Volmert/AP PhotoShe joined the campus protests on April 25 alongside her husband, an IU staff member. From Vietnam to the Israel-Hamas WarWhen Dunn Meadow was established in 1969, official university policy dictated that overnight encampments were not allowed. AdvertisementThe Indiana University Police Department did not immediately respond to a request for comment from BI.

Persons: they've, —, Dunn, Pamela Whitten, Whitten, Barbara Dennis, Isabella Volmert, Dennis, Jia Wu, haven't, Z Bryce Greene, Greene, Jeremy Hogan Organizations: Indiana University, Service, Business, Indiana University's School of Education, Occupy, IU, New York Times, Columbia, City College of New, Hamilton Hall, Columbia University, Getty, College, Kent State University, Ohio National Guard, Indiana University Police Department, Palestine Solidarity Committee, Naval Surface Warfare, University, Indiana University's, Faculty, UNICEF Locations: Israel, Vietnam, Gaza, Dunn, Iraq, City College of New York, New York City, AFP, Kent, Palestine, Crane , Indiana, Indiana

☆ Trump Voter Proved MyPillow's Mike Lindell Wrong. He Wants $5 Million.
▼ + stars: | 2024-05-12 | by ( Brent Crane | ) www.businessinsider.com time to read: +19 min

He called it the Prove Mike Wrong challenge. He entered the Prove Mike Wrong challenge with low confidence he would win the exorbitant pot, estimating he had a 0.5% chance of disproving Lindell's "evidence." He had indeed Proven Mike Wrong, and now Mike must pay. In March, during a rally in Wisconsin, Trump praised him as "the great, legendary Mike Lindell." Jared Bartman for BIUnder deposition in the arbitration proceedings over his refusal to pay Zeidman, Lindell was a tornado of evasion and contradiction.

Persons: Joe Biden's, Mike Lindell, Donald Trump, Lindell, Trump, Bob Zeidman, Zeidman chafed, Mark Zuckerberg, Zeidman, Dennis Montgomery, Montgomery, Lindell's, Mike, Carrie, I've, Jared Bartman, George W, Bush, Mitt Romney's, Barack Obama, Romney, God, Lara Trump, Trump's, MyPillow, Zeidman's, Brian Glasser, Glasser, Zeidman pities Lindell, Biden, He's, he'll Organizations: Trump, Democrats, Oracle, Google, CIA, US, Zeidman, BI, Cleveland Jewish, Republican, Democratic Party, White, Republican National Committee, Lindell, Voting Systems, eTreppid Technologies, Trump International, bewilderment, Lindell Management Locations: Sioux Falls , South Dakota, Sioux Falls, Al Jazeera, Las Vegas, Vegas, Minnesota, Sumerlin, Israel, Trump, Wisconsin, Nevada, Montgomery, Sin City, America

☆ Port of Virginia is making big changes to become No. 1 on the East Coast for super-sized ocean containerships
▼ + stars: | 2024-05-09 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +11 min

The dredging project is expected to be completed in Fall 2025, making the Port of Virginia the deepest and widest harbor on the East Coast. "Ultra-large container vessels have challenged every port," said Stephen Edwards, CEO of the Port of Virginia. Edwards said the port was able to quickly absorb Baltimore freight because of the ocean carrier service overlap in calling on the Port of Virginia, Baltimore and Port of New York/New Jersey. In January, the port became the first East Coast port to power all its terminals with 100% clean energy, eight years ahead of the 2032 target it set for that goal. The expansion will increase the fleet at NIT to 152 electric stacking cranes, seven electric rail cranes, and 31 electric ship-to-shore cranes.

Persons: Lori Ann LaRocco, Stephen Edwards, " Edwards, Edwards, It's, Good Hope, D'Andrae Larry, Larry, Jones, monopiles, Monopiles Organizations: NIT, CNBC, U.S ., Commonwealth, Walmart, Maersk, Port, Baltimore, Rail, Norfolk International, Uber, Virginia Department of Transportation, Dominion Energy, Rappahannock Electric Cooperative, ClearView Energy Partners, of Ocean Energy, U.S, District of Columbia, Dominion Locations: Port of Virginia, Port, Virginia, U.S . East Coast, Norfolk, Coast, of Virginia, East Coast, U.S, Delaware, South, Southeast Asia, Northeast Asia, India, Red, Suez, Good, Baltimore, Port of Baltimore, Port of New York, New Jersey, of Virginia's, Commonwealth, Norfolk , Virginia, East, Virginia Beach

☆ Money market funds yielding more than 5% won’t last. Where to deploy idle cash instead
▼ + stars: | 2024-05-09 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +5 min

Money market funds' siren song has become a little louder: With the timing of Federal Reserve rate cuts shaky, yields on cash are still hot – for now. Here's how to decide where and when to redeploy some of your idle cash into fixed income. Taxes are also a key consideration as you build out your fixed income sleeve. Interest income from Treasurys, meanwhile, is subject to federal income tax but exempt from state and local taxes. A gradual entry toward fixed income You don't have to build out your fixed income allocation in one day.

Persons: Rob Williams, Charles Schwab, Ashton Lawrence, Lawrence, Williams Organizations: Mariner Wealth Advisors, Mutual Locations: Greenville , South Carolina, Treasurys, New York , New Jersey, California

☆ Maryland is about to get $350 million from insurance in bridge collapse
▼ + stars: | 2024-05-02 | by ( Chris Isidore | ) edition.cnn.com time to read: +2 min

New York CNN —The state of Maryland is about to get an insurance payment of $350 million related to the collapse of the Francis Scott Key Bridge in late March, according to the broker handling its policy on the structure. The payment would come from insurer Chubb, which has a $350 million limit on the policy it had written on the bridge, according to Henry Daar, head of property claims, North America for WTW, the broker on the policy. The payment will be made soon rather than waiting for the construction of a new bridge to begin, a process that could be years away. The accident temporarily closed much of the operations of the Port of Baltimore, trapping ships in the port. The planned payment by Chubb was first reported Thursday by the Wall Street Journal.

Persons: Francis Scott Key, Chubb, Henry Daar, Dali Organizations: New, New York CNN, Francis Scott Key Bridge, WTW, Grace Ocean Private Limited, Synergy Marine PTE LTD, CNN, National Transportation, Wall Street Locations: New York, Maryland, North America, Baltimore, Port of Baltimore

☆ Americans were paid an additional $235 billion in interest in 2023, thanks to the Fed
▼ + stars: | 2024-05-01 | by ( Jeanne Sahadi | ) edition.cnn.com time to read: +7 min

High-yield savings accountsThe average interest rate on regular bank savings accounts is roughly 0.5% but can run as low as 0.01% at the biggest banks. By contrast, the average on high-yield savings accounts is well over 4%, according to DepositAccounts.com. If you leave it parked in a regular savings account at 0.5%, you’ll get $50 in interest for a year. As with any savings account, banks can lower the rate they offer — also known as the APY — at any time. Money market accounts and money market fundsAlthough money market deposit accounts and money market mutual funds are both generating yields competitive with the best high-yield savings accounts, there are important differences.

Persons: —, It’s, ”, Greg McBride, you’ll, McBride, “, ” McBride, Ben Bakkum, Collin Martin, Martin Organizations: New, New York CNN, Federal Reserve, Federal Deposit Insurance Corporation, FDIC, National Credit Union Share Insurance, Securities Investor Protection Corporation, Treasury, Fed, Schwab Center, Financial Research Locations: New York, Schwab.com, United States

☆ Trump's jurors hardly look at him. Trial experts say that's a good sign for everyone.
▼ + stars: | 2024-04-29 | by ( Laura Italiano | ) www.businessinsider.com time to read: +6 min

NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. But the 12 jurors and six alternates hardly look at Trump as they file back and forth past the defense table. Trump is the most famous person on the planet, and the jurors hardly look at him, even from the jury box. Business Insider described this strange-seeming, mutual coyness to veteran Manhattan trial attorneys. "It's very important that the jury see the defendant and the lawyers laughing and smiling together throughout the trial," Lichtman said.

Persons: Trump's, That's, —, Donald Trump's, Trump, Donald Trump, Diana Florence, Florence, Jeremy Saland, Saland, Jesse Watters, Gotti Jr, El Chapo Jeffrey Lichtman, John Gotti Jr, El, Lichtman, El Chapo, it's, Yuki Iwamura, Todd Blanche, Gotti, Michael Cohen, Stormy Daniels Organizations: Service, Trump, Business, Prosecutors Locations: York, Manhattan, Florence

☆ Stocks making the biggest moves after hours: Nucor, Cleveland-Cliffs, Cadence Design Systems, Globe Life and more
▼ + stars: | 2024-04-22 | by ( Sarah Min | ) www.cnbc.com time to read: +3 min

First-quarter earnings of $3.46 per share fell below the FactSet consensus estimate of $3.67 in earnings per share. Alexandria Real Estate Equities — The stock advanced 1.2% after Alexandria surpassed first-quarter revenue expectations. The life sciences REIT posted revenue of $769.1 million, above the FactSet consensus estimate of $764.4 million. Packaging Corporation of America — The stock fell 1.8% in extended trading even as the maker of containerboard posted first-quarter earnings that topped estimates. Medpace — Shares dropped 4.3% after Medpace's first-quarter revenue missed estimates.

Persons: Crane, containerboard, Calix, FactSet, Simpson, Medpace, Medpace's, TrustCo, Darla Mercado Organizations: Cliffs, Cadence, Cadence Design Systems, FactSet, Globe, Crane, Alexandria Real, Packaging Corporation, America, Packaging Corp, Simpson, TrustCo Bank Corp, NY Locations: Cleveland, Alexandria, FactSet .

I think providing aid to Ukraine right now is critically important,” the speaker added. House TVThe speaker’s embrace of Ukraine aid represents a remarkable evolution for Johnson, who voted against funding for the country as a rank-and-file member. Johnson drags his feetJohnson did not come to his decision on how to handle foreign aid quickly. “Slow,” New York Rep. Gregory Meeks, the top Democrat on the House Foreign Affairs Committee, said when asked how Johnson handled Ukraine aid. In recent weeks, allies counseled Johnson to keep the former president in the loop on his potential foreign aid plans.

Persons: Manu Raju ”, Johnson, Mike Johnson, Hakeem Jeffries, Jeffries, Taiwan –, Michael McCaul, “, ” Johnson, Derrick Van Orden, Matt Gaetz, ”, Johnson –, Kevin McCarthy, –, Joe Biden, Donald Trump’s, Mike Pompeo, Volodymyr Zelensky, Zelensky, Bill Burns, Marjorie Taylor Greene, ” Jeffries, Biden, Mitch McConnell, Gregory Meeks, Patrick McHenry of, Trump, Johnson’s, ” Trump, Eli Crane, McCarthy, Bob Good, Johnson “, Greene, Al Green, Van Orden, Gaetz, I’m, ” Van Orden, Chip Roy’s, Bob Good’s, Kent Nishimura, Paul Gosar, Johnson’s speakership, We’re, we’ve, Tom Cole of, ” Cole, “ There’s, Warren Davidson, CNN’s Haley Talbot, Morgan Rimmer Organizations: GOP, CNN, Democratic, Louisiana Republican, Foreign, ”, Florida Republican, Senate, Republican, Ukraine, CIA, Naval Academy, Israel, Internal Revenue Service, New York Rep, House Foreign Affairs, Patrick McHenry of North Carolina, Lago, Arizona, Democratic Rep, Navy, Navy Seals, Wisconsin Republican, Capitol, Democrats, Republicans, GOP Rep, ” Veteran GOP Locations: Iran, Israel, Ukraine, Washington, Louisiana, Taiwan, Florida, American, Marjorie Taylor Greene of Georgia, Patrick McHenry of North, Iranian, Virginia, Texas, Wisconsin, House, Arizona, Tom Cole of Oklahoma, Ohio

Gosar huddled on the House floor earlier in the day with GOP Reps. Marjorie Taylor Greene and Thomas Massie, the other two co-sponsors of the motion to vacate the speakership. The House adjourned for the rest of the day on Friday afternoon, meaning the earliest Greene could move to oust Johnson is Saturday. A floor vote to oust Johnson would require a majority to succeed. “My position is that I’m open, and I’m not going to tell you guys what I’m going to do. The speaker was surrounded on the House floor on Thursday by a number of far-right lawmakers in a heated discussion.

Persons: Paul Gosar, Mike Johnson, Gosar, Marjorie Taylor Greene, Thomas Massie, Greene, Johnson, Chip Roy, “ I’m, ”, “, Eli Crane, Kevin McCarthy, I’m, ” Crane, ’, Dan Bishop, we’ve, Bishop, Gosar’s, Bob Good, CNN’s Manu Raju, Johnson “, Ralph Norman, hardliner, “ We’ve, We’ll, Mike, Norman Organizations: Washington CNN —, Arizona Republican, GOP, Conservative, The Arizona Republican, Washington, ’ ”, Republican Conference, North Carolina Republican, CNN, Louisiana Republican Locations: Ukraine, Israel, Louisiana

☆ Biden admin, US ports prep for cyberattacks as nationwide infrastructure is targeted
▼ + stars: | 2024-04-17 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +6 min

Anne Neuberger, Deputy National Security Advisor for Cyber and Emerging Technology, cited President Biden's signing in February of an executive order to strengthen the cybersecurity of U.S. ports . The nation's port system is the main point of entry for trade, employs 31 million people, and generates over $5.4 trillion for the U.S. economy. One of the key areas of concern for the Biden administration and the executive order is the security of Chinese-manufactured cranes. Biden administration officials recently warned the nation's governors about the threat to water systems. Isles said it is important to identify the critical safety and business systems at the nation's ports.

Persons: Seroka, Gene Seroka, Anne Neuberger, Biden's, Biden cybersecurity, Neuberger, Biden, Christopher Wray, Google's, Mandiant, Adam Isles, order's rulemaking Organizations: Department of Transportation Maritime Administration, Security Operations Center, National, Technology, Biden, Coast Guard, U.S, Mitsui, FBI, Congress, Chertoff Group, American Association of Port Authorities, CNBC, Port Locations: Angeles Harbor, United States, of Los Angeles, of, Angeles, U.S, China, State, Texas, Muleshoe, Cannon, Clovis , New Mexico, Iran, Pennsylvania, cybersecurity, Port of Los Angeles

☆ Lego is cashing in big time on its adult fan base, doubling its revenue in the last decade
▼ + stars: | 2024-04-14 | by ( Katie Balevic | ) www.businessinsider.com time to read: +2 min

Lego is cashing in on adult fans buying high-priced Lego sets. The $850 Millennium Falcon set is part of how Lego doubled its revenue in a decade. Lego knows that and is cashing in on its base of adult fans willing to dish out hundreds of dollars on elaborate sets. "Nowadays it's not so geeky," Sian Twynham, another adult Lego builder, told the Journal. AdvertisementWhether it's nostalgia or strategic marketing, toy companies are seeing big returns when they rebrand kids products for adult audiences.

Persons: —, Jonny Edmondson, We've, Julia Goldin, Lego's, Sian Twynham, Greta Gerwig's, toymaker Mattel, execs Organizations: Service, Star, Wall Street, Warner Bros, Hasbro, Associated Press

☆ Disney says it will now issue lifetime bans to guests who lie about having disabilities at its theme parks
▼ + stars: | 2024-04-13 | by ( Lauren Edmonds | ) www.businessinsider.com time to read: +3 min

The updates address who can use Disability Access Services, among other changes. Disability services have become the most requested service at the Florida and California parks, according to The Washington Post. MediaNews Group/Orange County Register via Getty ImagesChanges to the company's Disability Access Service arrived on the official Walt Disney World and Disneyland websites this week. Joseph Prezioso/Anadolu Agency/Getty ImagesThe new policies will begin at Walt Disney World on May 20 and June 18 at Disneyland. Representatives for Walt Disney World and Disneyland did not immediately respond to a request for comment from Business Insider.

Persons: —, Disney, Joseph Prezioso, Dennis Speigel, Speigel, Stacey Crane Organizations: Disney, Service, Business, The Washington Post, MediaNews, Orange, Getty, Walt Disney, Fox Business, Anadolu Agency, Walt Disney World, Disneyland . Representatives, Park Services, NBC, WESH, Washington Post Locations: Florida, California, Orlando

Search resuls for: "Crane"

25 mentions found