DIRS.INFO The most relevant business & tech news

☆ Tucker Carlson isn't making an effort to patch things up with Trump, mocking him for failing to build the Mexico border wall
▼ + stars: | 2023-03-14 | by ( Cheryl Teh | ) www.businessinsider.com time to read: +3 min

"I mean, he couldn't build a border wall in four years," Carlson said of the former president. Carlson went on to praise Trump's foreign policy while also delivering an unsubstantiated claim that Trump has autism. Carlson was commenting on Trump's claim at CPAC that he could solve the Ukraine war within a day. In those texts, Carlson gloated about not having to cover Trump after the election. For his part, Trump claimed triumphantly on Truth Social on Sunday that he thinks Carlson "doesn't hate" him anymore.

☆ Ukraine is vowing to defend 'fortress' Bakhmut as Russian forces surround it: Here are 3 reasons why
▼ + stars: | 2023-03-08 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +9 min

Ukrainian infantrymen with the 28th Brigade view damaged buildings while driving to a frontline position facing Russian troops on March 05, 2023 outside of Bakhmut, Ukraine. Russian forces appear to be tightening the noose around the city in Donetsk. "The fall of Bakhmut won't necessarily mean that the Russians have changed the tide of this fight," he added, noting that he would not predict when Bakhmut might fall to Russian forces. Ukrainian military vehicles drive along a road outside of the strategic city of Bakhmut on January 18, 2023 in Bakhmut, Ukraine. On Tuesday, Zelenskyy warned that Russian troops will have "open road" to key cities in eastern Ukraine if they seize Bakhmut.

☆ If you want to balance the budget without raising taxes or cutting defense, Social Security, and Medicare, you'd probably have to fire nearly every park ranger and cut 70% of anti-poverty spending
▼ + stars: | 2023-03-07 | by ( Juliana Kaplan | Ayelet Sheffey | ) www.businessinsider.com time to read: +6 min

That is, if tax increases, defense spending, Social Security, and Medicare remain off the table. "The thing is the government has basically three gigantic programs and it's the US military, Social Security, and Medicare," Goldwein said. "The idea we're just going to eliminate all parts of government other than Social Security, Medicare, and defense — it's just not realistic, or desirable," Goldwein said. Meanwhile, Democrats await Republicans' plan to move ahead with a deal to raise the debt ceiling before the US defaults. The hard right demands spending cuts," Senate Majority Leader Chuck Schumer wrote on Twitter.

Yet only 54% of all businesses say they have a business continuity and disaster recovery plan for a cyberattack. 2 2022 Small Business Profile, U.S. Small Business Administration Office of Advocacy. https://cdn.advocacy.sba.gov/wp-content/uploads/2022/08/30121338/Small-Business-Economic-Profile-US.pdfCyber Readiness Institute (CRI) is not an affiliate of any company of the Principal Financial Group®. Referenced companies are members of the Principal Financial Group®, Des Moines, IA 50392. ©2023 Principal Financial Services, Inc.

☆ Elizabeth Warren and Bernie Sanders want 'immediate action' to implement a rule that would keep student-loan borrowers' debt from piling up after they graduate
▼ + stars: | 2023-02-13 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +5 min

Warren and Sanders joined 6 of their colleagues in calling for a strengthened gainful employment rule. The rule would cut off federal aid to schools that offer programs that leave students with more debt than their degree can pay off. Trump repealed the rule, and Biden has since delayed its timeline to reinstate it. Advocates have also pushed for the reinstatement of the rule, along with other measures to prevent schools from offering degrees that won't pay off post-grad. A department spokesperson told Insider last year that the "administration is committed to preventing a future student debt crisis by holding colleges and universities accountable if they leave students with mountains of debt or without good jobs."

CNN —The US could be approaching a 2011-style debt ceiling market meltdown, but worried investors shouldn’t abandon ship, Wall Street analysts say. That means that if Congress doesn’t raise the debt ceiling by then, the US could default on its debt. But lawmakers remain in a deadlock about whether to lift their self-imposed borrowing limit: Democrats want Congress to pass a debt ceiling increase without conditions but Republican leadership says that any debt limit increase should be accompanied by spending cuts. Wall Street’s response: A debt ceiling meltdown creates serious risk for investors. Even if the debt ceiling debates are resolved, it’s not a bad idea to have some money invested abroad just in case of upheaval.

☆ The Proud Boys' initiation manual has a detailed 'No Wanks' policy
▼ + stars: | 2023-01-24 | by ( Charles R. Davis | Laura Italiano | ) www.businessinsider.com time to read: +3 min

A Proud Boys "initiation ceremony manual" details the far-right group's policy on masturbation. "A Proud Boy may not ejaculate alone more often than once every thirty days," states the group's "initiation ceremony manual," the document reads. An excerpt from a Proud Boys defense motion filed January 23, 2023 in US District Court in Washington, DC. InsiderThe Anti-Defamation League considers the Proud Boys a violent, right-wing extremist group whose members commonly engage in misogynistic, Islamaphobic, transphobic, and anti-immigration rhetoric. As detailed by journalist Andy Campbell in his book, "We Are Proud Boys," members of the group are expected to adhere to the policy if they wish to advance to the second of its four tiers of membership.

☆ Premarket stocks: How investors are preparing for a debt ceiling standoff
▼ + stars: | 2023-01-19 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +8 min

Now, aggressive tightening by the Federal Reserve and large spending packages have helped bring that ceiling into play once again. But Washington is at an impasse over whether or not to raise the debt limit: The White House expects Congress to pass a debt ceiling increase without conditions while Republicans say that any increase should be accompanied by spending cuts. Esther George says goodbye to the FedMost Americans dream of retiring by 65, but at the Federal Reserve it’s required. The Federal Reserve Bank of Kansas City president Esther George turned 65 this weekend, triggering her mandated retirement. “Today, the U.S. is again experiencing high inflation and the Federal Reserve is aggressively tightening monetary policy.

☆ Judge says Trump may have been urging supporters to 'do something more' than protest on Jan. 6
▼ + stars: | 2022-12-28 | by ( Ryan J. Reilly | Ryan J. Reilly Is A Justice Reporter For Nbc News. | ) www.nbcnews.com time to read: +3 min

WASHINGTON — A federal judge indicated Wednesday that then-President Donald Trump's remarks on Jan. 6 telling a crowd to "fight like hell" before the Capitol attack could have signaled to his supporters that he wanted them "to do something more" than just protest. In a court order for the case against Jan. 6 defendant Alexander Sheppard, U.S. District Court Judge John Bates ruled that Sheppard could not raise the "public authority" defense at trial after his lawyer argued Trump had authorized his client's actions at the Capitol that day. "These words only encourage those at the rally to march to the Capitol — nothing more — and do not address legality at all. He went on to say there was "simply no indication" that Trump informed the crowd that going into the Capitol would be legal. Several other defendants have tried to raise the public authority defense, including Danny Rodriquez, the MAGA-hatted Jan. 6 rioter who drove a stun gun into the neck of now-former Metropolitan Police Department officer Michael Fanone.

☆ USPS mail trucks are going all-electric, report says
▼ + stars: | 2022-12-20 | by ( Alexa St. John | ) www.businessinsider.com time to read: +3 min

The Washington Post reported the agency has a plan to go almost entirely zero-emissions by 2026. The USPS will spend nearly $10 billion to buy 66,000 electric vehicles and the infrastructure needed to keep them running, The Washington Post reported Tuesday morning. The USPS' fleet replacement plan has been contentious as President Biden has placed pressure on government agencies to go entirely zero-emissions by 2035. Meanwhile, as The Post reported, this may also increase pressure on the USPS' competitors to expedite their own EV transitions. FedEx is planning an entirely electric fleet and a carbon-neutral business by 2040.

☆ Taunted for being Black, a student fought back, civil rights complaint says. The 30-second fight derailed her life.
▼ + stars: | 2022-12-13 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | Mike Hixenbaugh | ) www.nbcnews.com time to read: +18 min

The threat didn’t seem to dissuade the boy who told Autumn he runs her block, she said. A moment later, Autumn said, one of the boys said the first syllable of the N-word, and the other student said the rest. “She is a breath of fresh air,” JaQuatta told them. Autumn told Medley it was becoming harder to keep up the facade. Mary Pegues, a former Slaton school board member and longtime teacher’s aide in a neighboring district, was furious when she saw the clip.

☆ Trump Org hopes to win its Manhattan tax-fraud trial with an 'ignorance' defense — a Trump hallmark
▼ + stars: | 2022-11-30 | by ( Laura Italiano | ) www.businessinsider.com time to read: +5 min

Summations are Thursday and Friday in the Manhattan tax-fraud trial of the Trump Organization. Star prosecution witnesses with arguably mixed loyalties, the two told jurors they never let anyone named Trump in on the scheme. Jurors may well wonder how Donald Trump, or Eric Trump, or Donald Trump, Jr., could truly have been ignorant of the scheme when the three of them personally signed off on so many of the perks. "Donald Trump didn't know that Allen Weisselberg was cheating on Allen Weisselberg's taxes," as defense lawyer Susan Necheles told jurors in openings. In this trial, though, the ignorance defense goes into overdrive, and doesn't stop with a supposedly clueless Trump.

☆ Biden's administration just made it easier for student-loan borrowers to get rid of their debt in court
▼ + stars: | 2022-11-17 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +6 min

The Education and Justice Department released new guidance on bankruptcy for student-loan borrowers. The guidance gives federal borrowers an easier path to relief by making the process more transparent. On Thursday, President Joe Biden's Education and Justice Departments released new guidance on the pathway for student-loan borrowers to get rid of their debt through bankruptcy. While the undue hardship standard still exists, it's an improvement in that the clear guidelines will allow for consistent treatment of loan discharges. It also gives the Justice Department clear standards for recommending relief to the judge without having to go through time-consuming investigations, per the press release.

☆ Russian missiles struck NATO ally Poland and killed 2 people as Putin's forces barraged Ukraine, a US defense official told the AP
▼ + stars: | 2022-11-15 | by ( Jake Epstein | Charles R. Davis | John Haltiwanger | ) www.businessinsider.com time to read: +3 min

Two people were reportedly killed after Russian missiles landed in an eastern Polish village. The missiles landed in the village of Przewodów, which is located in eastern Poland a short distance from Ukraine's western border. The US and its Western allies have warned Russia repeatedly that an attack on NATO territory would trigger a strong response. "We are aware of the press reports alleging that two Russian missiles have struck a location inside Poland near the Ukraine border. Criminal Russian regime fired missiles which target not only Ukrainian civilians but also landed on NATO territory in Poland.

☆ The CEO of Airbus says there are 'concerns on the safety side' as domestic air travel in Russia takes off, but sanctions prevent plane maintenance
▼ + stars: | 2022-10-31 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

Airbus' CEO said he's concerned about Russian airlines flying without required maintenance. Sanctions against Russia over the Ukraine war have prevented Airbus from servicing Russian aircraft. Russian air travel has recovered to 85% of pre-pandemic capacity, per OAG, a data provider. Russia lifted all pandemic-related travel restrictions on July 1, and Russian airlines are operating at about 85% of 2019 capacity this winter season, according to data published on October 25 by OAG, a global travel data provider. Russian state-owned carrier Aeroflot started stripping spare parts from working aircraft due to supply shortages induced by sanctions, Reuters reported in August.

☆ Russia plans to build 1,000 planes by 2030 by using local parts as aircraft imports into the country have collapsed under sanctions
▼ + stars: | 2022-09-29 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

Russia relies heavily on tech imports, which have been hit by sanctions over the Ukraine war. However, given the sanctions against the country, imports into Russia — especially those of aircraft — have collapsed, creating a huge problem for the country, which relies on tech imports. "From this year, we don't rely on international cooperation with Western countries," Rostec told Reuters. "Foreign aircraft will drop out of the fleet," Rostec told Reuters. Russia has tried to counter the sanctions by substituting Western imports with those from non-sanctioning countries or looking to homegrown options.

Search resuls for: "Defense —"

16 mentions found