DIRS.INFO The most relevant business & tech news

☆ Bill Ackman's Pershing Square doubles down on Nike and one name tied to data centers
▼ + stars: | 2024-11-14 | by ( Yun Li | ) www.cnbc.com time to read: +1 min

Bill Ackman's Pershing Square doubled down on Nike and Brookfield in his concentrated portfolio last quarter. The high-profile investor boosted his investment in Nike drastically in the third quarter, making the bet worth $1.4 billion, according to a regulatory filing. The bet was only worth about $220 million at the end of June. Nike is in the midst of a broader restructuring after it shifted its strategy to sell directly to consumers. Pershing Square also boosted its bet on Brookfield last quarter to a stake worth $1.74 billion, making it the second biggest holding behind Alphabet.

Persons: Bill Ackman's, Elliott Hill, Howard Hughes Organizations: Bill Ackman's Pershing, Nike, Brookfield, Pershing, Microsoft, Brookfield Asset Management, Hilton Worldwide, Restaurant Brands, Canadian Pacific, Canadian Pacific Kansas City Locations: Canadian Pacific Kansas

☆ Video: World’s largest coral discovered in southwest Pacific Ocean
▼ + stars: | 2024-11-14 | by ( Nina Avramova | ) 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

☆ What the recall of progressives in the Bay Area says about Asian American views on crime
▼ + stars: | 2024-11-13 | by ( Kimmy Yam | Kimmy Yam Is A Reporter For Nbc Asian America. | ) www.nbcnews.com time to read: +6 min

The recall last week of two Bay Area officials who both championed progressive crime policies reflects long-held frustrations around a previous increase in violence targeting the Asian American community, experts say. The vote is indicative of Asian Americans’ rightward shift toward tougher crime policies like much of the state, analysts say. From March 2020 to December 2021, Asian Americans and Pacific Islanders across the country reported nearly 11,000 hate incidents, including verbal and physical abuse, being coughed at or spat on, and facing discrimination in the workplace. “And a lot of people say, ‘Oh, we’ve moved on from that era.’ I don’t think Asian Americans have,” said James Zarsadiaz, author of “Resisting Change in Suburbia,” whose research focuses on Asian American conservatism. In San Francisco, for example, officials received 60 reports of hate crimes against Asian Americans in 2021, compared with the nine in 2020.

Persons: Sheng Thao, Pamela Price, Kamala Harris, Donald Trump, San Francisco Mayor London Breed, Levi Strauss, Daniel Lurie, Chesa Boudin, we’ve, ”, James Zarsadiaz, Russell Jeung, that’s, ” Jeung, “, it’s, Thao, Price, Thao’s, ” Price, Jasper Wu, Price’s, Venus Gist, Zarsadiaz, “ It’s, they’ve, ” Zarsadiaz, “ They’re, there’s Organizations: American, Oakland, Bay Area, San Francisco Mayor London, Democrat, San, Pacific Islanders, San Francisco State University, Oakland Police Department, FBI, NBC, Asian, University of San Locations: Alameda County, Oakland, Bay, San Francisco’s, Americans, California, Alameda, American, San Francisco, University of San Francisco

☆ Who’s Attending COP29, the International Climate Summit?
▼ + stars: | 2024-11-13 | by ( Mira Rojanasakul | ) www.nytimes.com time to read: +9 min

Over 50,000 people are gathered in Baku, Azerbaijan, for the United Nations climate conference known as COP29. This is the second largest of the annual gatherings in their history, according to official estimates and recently published data. Diplomats from nearly 200 member countries will seek a deal on climate financing to support the clean energy transition in developing economies. Recent years have seen a spike in the number of guests, particularly from Europe, sub-Saharan Africa and the Middle East. Politicians started to take more interest in the climate talks in 2009, when they were held in Copenhagen.

Persons: Donald J, Trump, COP6, Keir Starmer, ”, Richard Kinley, they’ve, They’ve Organizations: Climate, United Nations, Diplomats, Paris Copenhagen, Berlin, COP3, Dubai, New York, Paris Copenhagen Official, CENTRAL, NORTH, NORTH AFRICA EAST, NORTH AFRICA Official, EAST ASIA, COP1, CENTRAL ASIA, EAST, PACIFIC, Copenhagen COP15, United, United Arab Emirates, Azerbaijan Russia United Arab, Swarthmore, Ivory, Ivory Coast Democratic Locations: Baku, Azerbaijan, United States, Europe, Saharan Africa, COP28, Dubai, Paris, Copenhagen, United Kingdom, China, SAHARAN AFRICA, NORTH AFRICA, NORTH AFRICA EAST ASIA, Berlin, ASIA, EUROPE, EAST ASIA, AFRICA, Russia, United Arab, Qatar, Doha, Azerbaijan Russia, Azerbaijan Russia United Arab Emirates Qatar, Ivory Coast, Ivory Coast Democratic Republic of Congo Senegal Ghana

☆ APEC/G20: World leaders heading to major summits are wary of Trump. China’s Xi sees an opportunity
▼ + stars: | 2024-11-13 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +8 min

China, perhaps more than most countries, will be bracing for fractious relations ahead with the United States. “It makes sense for Chinese officials to use these big events to try and shape some of the international narratives right now,” said Li Mingjiang, an associate professor of international relations at Singapore’s Nanyang Technological University. “Since there’s not much time before January 2025.”Cargo containers and cranes at Yantian port in southern China's Shenzhen earlier this year. The Chinese leader warned that the two countries “will both benefit from cooperation and lose from confrontation,” according to China’s Foreign Ministry. “Beijing does worry about Trump’s wrath and what he could do to damage China’s interest on a bilateral level,” she said.

Persons: Donald Trump’s, Xi Jinping, Trump, Joe Biden, Xi, Biden, Shigeru Ishiba, Anthony Albanese, Narendra Modi, ”, Li Mingjiang, there’s, Jade Gao, Mike Waltz, Marco Rubio, He’s, –, Liu Dongshu, Modi, Li Qiang, Leon Neal, ’ ”, Yun Sun, Vladimir Putin, Liu Organizations: Hong Kong CNN, APEC, Japanese, Australian, Indian, Singapore’s Nanyang Technological University, “, ”, Getty, Trump, CNN, Foreign Ministry, NATO, US, City University of Hong, Stimson, World Health Organization, Initiative Locations: China, Hong Kong, South America, Europe, East, United States, Beijing, Asia, Pacific, Peru, Brazil, American, China's Shenzhen, AFP, Lima . Beijing, Russia, City University of Hong Kong, Japan, South Korea, Indonesia, Lima, Rio de Janeiro, Washington, South, Taiwan, Ukraine, Paris, America, –, Sun, “ Beijing

☆ Trump's first term avoided a fight in the South China Sea. It's only getting harder.
▼ + stars: | 2024-11-13 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +4 min

AdvertisementIn his first term, Donald Trump ramped up military actions to counter China in the South China Sea. South China Sea observers expect continuity with the Biden administration, which tried to ramp up diplomatic efforts and strengthen US alliances and security partnerships. Chinese Coast Guard holding knives and machetes as they approach Philippine troops in the disputed South China Sea on June 17, 2024. AdvertisementThough Trump hasn't outlined a specific South China Sea plan, he could pursue his broader foreign policy mantra of "peace through strength." "Unrestrained US militarization is precisely what drives Beijing's insecurity and will continue to exacerbate tensions in the South China Sea," Marston said.

Persons: Donald Trump ramped, Donald Trump, Trump, Hunter Marston, Trump hasn't, Biden, Gregory Poling, Joe Biden, Marston, Sari Arho Havrén, Chip Somodevilla, Zeno Leoni, Leoni Organizations: Australian National University, China, Southeast Asia, Center for Strategic, International Studies, Trump, Coast Guard, Armed Forces, AP, CBS, Royal United Services, Ukraine, King's College London's Defense Studies Department, Rand Corporation, Biden's National Security Locations: China, South China, Philippines, Asia, Pacific, Philippine, Europe, South Korea, Palm Beach, South, East Asia

☆ What Marco Rubio's nomination as Trump's secretary of state means for China and Taiwan
▼ + stars: | 2024-11-13 | by ( Chris Panella | ) www.businessinsider.com time to read: +5 min

Rubio is a China hawk, has been sanctioned twice by Beijing, and may even be barred from the country. US President-elect Donald Trump has officially announced Sen. Marco Rubio as his secretary of state pick after days of speculation. AdvertisementRubio and Trump, once rivals, appear aligned on issues related to China and Taiwan. AdvertisementRubio's nomination raises questions about US relations with China, Taiwan, and the broader Indo-Pacific region. They have an army of unpaid lobbyists here in Washington," Rubio said during a 2023 Senate speech.

Persons: Trump, Sen, Marco Rubio, Rubio, Donald Trump, he's, President Trump, Washington didn't, John Raoux, He's, Rubio's, haven't, Joe Raedle, " Rubio Organizations: Beijing, The New York Times, Trump, AP, Heritage Foundation, Chinese Communist Party, The Washington Post Locations: China, Taiwan, Florida, America, Washington, Beijing, Hong Kong, Russia, Iran, North Korea, The, The Florida, Taipei

☆ Asia-Pacific markets set to open lower after Wall Street postelection rally fizzles
▼ + stars: | 2024-11-13 | by ( Dylan Butts | ) www.cnbc.com time to read: 1 min

The momentum in Japan markets were largely driven by the country's technology and financial sector. Asia-Pacific stock markets were set to open lower Wednesday, tracking losses on Wall Street as the U.S. postelection rally stalled overnight. Asian traders will assess Japanese corporate goods data, set for release later in the day. Economists polled by Reuters expect corporate goods prices to have risen by an average of 3% for the month of October compared to last year, up from 2.8% in September. Hong Kong Hang Seng index futures were at 19,631, lower than the HSI's last close of 19,846.88.

Persons: Australia's Organizations: Reuters, Japan's Nikkei Locations: Japan, Asia, Pacific, Chicago, Osaka, Hong Kong

☆ How Trump's Army veteran pick for Pentagon chief, Fox & Friends' Pete Hegseth, sees the world
▼ + stars: | 2024-11-13 | by ( Chris Panella | ) www.businessinsider.com time to read: +8 min

AdvertisementTrump has tapped Pete Hegseth, an Army veteran and Fox News host, to be secretary of defense. US President-elect Donald Trump has tapped Pete Hegseth, a Fox & Friends host and US Army National Guard veteran, to be secretary of defense. Hegseth was considered for Veterans Affairs secretary during Trump's first term and faced pushback from veterans group leaders. All US military combat roles opened to women in 2015. AdvertisementThroughout the war, Hegseth has shifted stances, calling Putin a "war criminal" and criticizing Biden for not getting Ukraine military aid quickly enough.

Persons: Pete Hegseth, Hegseth, Donald Trump, Joe, Trump, Trump's, Brace, Paul Rieckhoff, Adam Smith, Adam Kinzinger, Joe Biden's, Shawn Ryan, he'll, Abreanna Goodrich, we've, Shawn Ryan Show, Genya SAVILOV, AFP Hegseth, He's, Vladimir Putin's, Putin, Biden, Israel Trump's, Doug Mills, Benjamin Netanyahu, Israel wasn't, he's, Xiang Organizations: Trump, Army, Fox News, Defense Department, NATO, Fox & Friends, US Army National Guard, Israel, Wall Street, Veterans Affairs, SecDef, Independent Veterans of, Fox, Department of Defense, House Armed Services, Air National Guard, Republican, US National Guard, Pentagon, US Army, Spc, AFP, Kyiv, Warriors, Israeli, Getty, US Locations: Ukraine, America, Independent Veterans of America, Iraq, Afghanistan, Jerusalem, Russia, Soviet Union, Israel, Gaza, Iran, Washington, China, Xinhua, Asia, Pacific, Taiwan

☆ I moved to Panama from the US. I live on a remote island for $1,000 a month and have never been happier.
▼ + stars: | 2024-11-13 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +7 min

Lisa Kauffman was over Florida's hurricanes and the faster pace of life in the US. AdvertisementThis as-told-to essay is based on a conversation with Lisa Kauffman, a 55-year-old teacher with a background in biology and special education. In 2023, I purchased a one-way ticket to Panama, planning to live on the private island I had previously visited in 2022. I live off the grid, and my day-to-day expenses are lowThe island I live on is remote. Courtesy of Lisa KauffmanI live on about $1,000 a month.

Persons: Lisa Kauffman, Kauffman, —, I've, I'd, Ian, I'm, Minnie Organizations: Service, Kauffman Locations: Panamanian, Panama, Caribbean, Bocas del Toro, Panama City, Florida, Fort Myers, Costa Rica, Hawaii, Thailand, New York

☆ U.S.S. Edsall, sunk WWII ship known as 'Dancing Mouse,' discovered after over 80 years
▼ + stars: | 2024-11-12 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Patrick-Smith-Circle-Byline-Template.Jpg | Patrick Smith | ) www.nbcnews.com time to read: +3 min

Edsall was found 200 miles east of Christmas Island, south of Java, by the Royal Australian Navy. Edsall served valiantly during WWII, most notably in the early Pacific campaign. The Australian navy made the surprise discovery while conducting an unrelated and unspecified mission in the area. Its staff used "advanced robotic and autonomous systems normally used for hydrographic survey capabilities to locate the U.S.S. A famous photograph was taken on board a Japanese ship of the Edsall being blown out of the water, later to be used in Japanese propaganda.

Persons: Edsall, Joshua Nix, Caroline Kennedy, Mark Hammond, Kennedy, Hammond, Lisa Franchetti, Jim Nix, ‘, Nobody, … Organizations: Royal Australian Navy, Veterans, Darwin, U.S . Navy, U.S . Army Air Force, Washington Post Locations: Pacific, Christmas, Java, Pearl, U.S, Australia, Britain, Dallas

☆ China just showed off its answer to America's F-35 stealth fighter — the new J-35A
▼ + stars: | 2024-11-12 | by ( Chris Panella | ) www.businessinsider.com time to read: +6 min

China showed off its new stealth aircraft, including the fifth-gen J-35A. AdvertisementChina just debuted its newest fifth-generation stealth aircraft, which appears to be its answer to the American F-35. Related storiesFor stealth fighters, the US has the F-22 Raptor and F-35, and the latter is used by allies around the world. Among stealth aircraft, there are also stealth bombers like the American B-2 Spirit and B-21 Raider and a number of stealth drones. Stealth aircraft have features to reduce or obscure their signature on radars, making them difficult to detect.

Persons: —, Lockheed Martin, Wang Yongqing, Wang, Maj, Gina Sabric, Roger Wicker, Eric Schmitt Organizations: Service, China International Aviation, Aerospace, People's Liberation Army News Communication, Shenyang Aircraft Design, Aviation Industry Corporation of China's Shenyang Aircraft Corporation, Pentagon, Air Force, Air and Space Forces Association's Air, Cyber Conference, 10th Air Force, Getty, US, US Air Force, Stealth, Taiwan Locations: China, Zhuhai, Russia, Pacific, Taiwan

☆ I'm 71 and have always been happily single. I used to feel judged for enjoying time alone, including the holidays, but now I'm proud.
▼ + stars: | 2024-11-12 | by ( Kim Schewitz | ) www.businessinsider.com time to read: +5 min

Related Video The surprising effects loneliness has on your brain and bodyThere's a preconception that if you're single, you're either stuck at home alone or forced to do things on your own because you don't have anyone. I consider myself single at heart, which means I'm happiest and most fulfilled when I'm not in a relationship. As I've gotten older it's flipped and I'm happy to have five or six days a week to myself, although I'm happy to do more socializing than that. AdvertisementI don't have a yearly Thanksgiving or Christmas tradition now but I've celebrated them with friends, family, and on my own. I'm happy with whichever.

Persons: Bella DePaulo, —, who's, we're, I'm, Doug Ellis, I've, DePaulo, Bella DePaulo I've, What's Organizations: Service, University of Virginia Locations: California, Summerland , California, Washington DC, New York, Toronto, Los Angeles, San Francisco, Seattle, Pennsylvania, Mexico

☆ Underwater robot spots a glowing ‘mystery mollusk’ in the ocean’s midnight zone
▼ + stars: | 2024-11-12 | by ( Ashley Strickland | ) edition.cnn.com time to read: +8 min

Investigating Bathydevius and its adaptations could reveal more about the midnight zone, which is the largest habitat on Earth and accounts for 70% of all seawater on the planet. A study describing the new species published Tuesday in the journal Deep Sea Research Part I. “The deep water column is maybe the last place you’d expect to find a nudibranch,” Robison said. The midnight zone is cold and dark and very forbidding to us terrestrial creatures, yet it is filled with life, albeit life forms adapted to a very different set of challenges than we face. The sea slug is bioluminescent, leading it to look "starry" when threatened.

Persons: Bathydevius, Bruce Robison, Steven Haddock, “ We’ve, ”, Robison, Haddock, Mariana Trench, ” Robison, Bathydevius caudactylus, ” Haddock, smothers, “, Bioluminescence Organizations: CNN —, Aquarium Research, Aquarium Research Institute, Tiburon, ”, National Oceanic, Atmospheric Administration Locations: Monterey, Monterey Bay, Coast, North America, Oregon, Southern California, Mariana, Mt, Everest

☆ Four storms churning the West Pacific at the same time mean more bad news for the Philippines
▼ + stars: | 2024-11-12 | by ( Helen Regan | Robert Shackelford | ) edition.cnn.com time to read: +5 min

CNN —Four separate storm systems are churning their way through the West Pacific simultaneously, a rare occurrence resulting from warmer oceans that threatens to bring more misery to the storm-weary Philippines. Satellite images from the Joint Typhoon Warning Center show the four storms spanning the vast West Pacific basin, from Vietnam to Guam. They are Typhoon Yinxing, Typhoon Toraji, Tropical Storm Usagi and Tropical Storm Man-Yi. The fourth storm on the heels of Usagi is Tropical Storm Man-Yi, which is currently about 430 kilometers (265 miles) east of Rota, Guam. Man-Yi is expected to continue moving west, reaching typhoon strength Friday morning, and could potentially hit the northeastern Philippines by early next week.

Persons: It’s, Yinxing, Trami, Charism Sayat, Ferdinand Marcos Jr, we’re, ” Marcos, ”, Toraji, Yi, Usagi, Rey, Gaemi Organizations: CNN, West Pacific, Japan’s Meteorological Agency, Typhoon, Tropical, Getty, Typhoon Kong Locations: West, Vietnam, Guam, Philippines, Polangui, Albay, South, Manila, AFP, China, Hainan Province, Cagayan, Iloco Norte, Luzon’s Aurora Province, Luzon, Rota, Bato, Camarines Sur province South, Typhoon, Asia, Southeast Asia

☆ Asia-Pacific markets set to open mixed as Trump rally continues
▼ + stars: | 2024-11-12 | by ( Lee Ying Shan | ) www.cnbc.com time to read: 1 min

Asia-Pacific markets are set to open mixed on Tuesday, with investors expected to exercise caution even as the Dow Jones Industrial Average's post-election rally continued to gain momentum to close at a record high. Futures for Australia's S&P/ASX 200 stood at 8,279, slightly higher than the index's last close of 8,259. Japan's Nikkei 225 futures pointed to a stronger open for the market, with the futures contract in Chicago at 39,660 and its counterpart in Osaka at 39,630 compared to the previous close of 39,533.32Hong Kong's Hang Seng index futures were at 20,324, lower than the HSI's last close of 20,426.93.

Organizations: Dow Jones Industrial, Australia's, Nikkei Locations: Asia, Pacific, Chicago, Osaka

☆ Nuclear-powered aircraft carriers would give China's growing navy new reach, and researchers say it's working on the reactor to power one
▼ + stars: | 2024-11-12 | by ( Chris Panella | ) www.businessinsider.com time to read: +6 min

Satellite images and Chinese documents point to work on a nuclear-powered aircraft carrier. AdvertisementResearchers say they found evidence that China has built a prototype nuclear reactor to power a large warship, like an aircraft carrier. "They know that this is the hallmark of technology for propulsion on aircraft carriers." AdvertisementThe first American nuclear-powered aircraft carrier was USS Enterprise, commissioned in 1961. Pu Haiyang/Xinhua via Getty ImagesA nuclear-powered aircraft carrier would extend China's naval reach.

Persons: —, Matthew Funaoile, Funaoile, it'll Organizations: Service, Middlebury Institute of International Studies, Planet Labs PBC, Business, Associated Press, China Ship Research, Design Center, AP, Middlebury Institute of International, China, China Power, Center for Strategic, International Studies, USS Enterprise, Nimitz, Ford, Getty Locations: China, California, Leshan, Mucheng, Sichuan province, Sichuan, Fujian, American, Liaoning, Shandong, Soviet, South, Taiwan, Xinhua

☆ I've been on 105-day cruises, but this 13-day one was the toughest. Its itinerary had a major flaw I'll avoid on future trips.
▼ + stars: | 2024-11-12 | by ( Lauren Mack | ) www.businessinsider.com time to read: +5 min

After 25+ cruises, I say the best cadence of busy port days to relaxing sea days is a ratio of 2:1. Ultimately, I think adding one or two sea days to the itinerary would've improved the experience and given me space to relax. AdvertisementPlus, multiple sea days in a row can provide beginner or first-time cruisers insight into whether they like them. This can be useful to anyone contemplating trans-Atlantic and trans-Pacific crossings that can have seven or more sea days in a row. For me, after going on more than 25 cruises — including a 105-day sailing — I've found the best cadence of busy port days to relaxing sea days is a ratio of 2:1.

Persons: —, I've, Lauren Mack, I'm, I'd, isn't Organizations: Service, Norwegian Cruise Locations: Norwegian, Asia, Keelung, Taiwan, Philippines, Malaysia, Brunei

☆ European markets head for a lower open as traders await inflation data
▼ + stars: | 2024-11-12 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +1 min

European markets are heading for a lower open Tuesday, as investors assess what U.S. President-elect Donald Trump's return to the White House could mean for the region's economy amid worries about possible tariffs. The U.K.'s FTSE 100 index is expected to open 18 points lower at 8,054, Germany's DAX down 93 points at 19,355, France's CAC down 34 points at 7,392 and Italy's FTSE MIB down 157 points at 33,659, according to data from IG. Investors will scrutinize a fresh batch of economic data this week, including an inflation reading from Germany on Tuesday, and U.S. inflation and U.K. gross domestic product on Thursday. Infineon, Bayer, Vodafone and AstraZeneca will report earnings, while U.K. unemployment and European and German ZEW economic sentiment figures are also due today. Asia-Pacific markets mostly fell overnight with investors exercising caution even as US.

Persons: Donald Trump's, Germany's DAX Organizations: France's CAC, IG, Infineon, Bayer, Vodafone, AstraZeneca Locations: Germany, Asia, Pacific

☆ Indonesia’s new leader posted video of his congratulatory call with Trump. Both lavished each other with praise
▼ + stars: | 2024-11-12 | by ( Helen Regan | ) edition.cnn.com time to read: +4 min

CNN —Indonesia’s new President Prabowo Subianto posted a video of his phone call congratulating Donald Trump on his reelection, during which the former special forces commander referenced his American “training” and called the US-president elect “sir” multiple times. Prabowo, who is in Washington for an official visit, posted the almost three-minute phone conversation on his official social media channels Monday and said he would like to “call personally” on Trump. “Wherever you are I’m willing to fly to congratulate you personally, sir,” Prabowo said in the video. It’s not easy,” Trump told Prabowo. “The most important objective of democracy is giving people the leaders and representatives they want,” Prabowo told reporters from his swimming pool.

Persons: CNN —, Prabowo Subianto, Donald Trump, “, Prabowo, ” Prabowo, Trump, Joe Biden, scrutinizing, ”, ” Trump, Xi Jinping, Keir Starmer, Joko, Suharto Organizations: CNN, Trump, White, he’s, Soviet, Reuters, Pacific Cooperation, British, News Agency Locations: Washington, Indonesia, United States, Indonesian, Washington , DC, Asia, Beijing, China, Peru, Brazil, Jakarta, Prabowo, London

☆ Canada's Labor Minister ends coast-to-coast port labor turmoil, forcing unions back to work
▼ + stars: | 2024-11-12 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +3 min

Canadian Labor Minister Steven MacKinnon has invoked federal powers to end work stoppages at the ports of Vancouver, Prince Rupert and Montreal, ordering binding and final arbitration between labor unions and ports ownership. Strike actions by unions and ports ownership lockouts had hit both coasts of the key U.S. northern trade partner. "The lockouts of the Canadian ports were causing ships to divert and contributing to congestion and delays throughout North America. Under section 107 of the Canada Labor Code, the Labor Minister can order binding arbitration to end labor disputes. Existing collective agreements will remain in place pending a new deal being reached between dockworker unions and the ports.

Persons: Steven MacKinnon, Vancouver , Prince Rupert, Prince Rupert, Vancouver and Prince Rupert, Stephen Lamar, Lamar, MacKinnon, Mackinnon Organizations: Canadian Labor, Canadian, Retail Council, Canada, CNBC, Local, U.S . Department of Transportation, American Apparel & Footwear Association, U.S . West Coast, Canada Labor, Labor, Canadian Pacific Kansas City, Canadian National Railway Co, Canada Industrial Relations Locations: Vancouver, Montreal, U.S, United States, Canada, North America

TOKYO — Lawmakers in Japan voted Monday to retain the embattled Shigeru Ishiba as prime minister despite his long-governing party’s dismal showing in parliamentary elections last month. Ishiba, a straight-talking former defense minister, received 221 votes compared with 160 for Yoshihiko Noda, leader of the opposition Constitutional Democratic Party. Many Japanese officials assume Trump is going to be “more straightforwardly anti-China,” and that Japan will be “somehow miraculously left off the hook,” he said. Though Japan has already pledged to double defense spending to 2% of gross domestic product by 2027, “that’s probably not going to be enough to satisfy Trump,” Boling said. While Abe was “extraordinarily skillful” in dealing with Trump, Ishiba has a different personality, Boling said.

Persons: Shigeru Ishiba, Ishiba, Donald Trump, Yoshihiko Noda, ” Ishiba, Yuichi Yamazaki, Trump, Koichi Nakano, Shinzo Abe, ” Nakano, David Boling, “ that’s, ” Boling, Joe Biden, Kamala Harris, Takahiro Mori, Abe, Boling, “, I’m, Jeff Kingston, ” Kingston, Arata Yamamoto, Jennifer Jett, Peter Guo Organizations: Lawmakers, Liberal Democratic Party, Constitutional Democratic Party, Getty, Trump, Japan Relations, NBC News, U.S, Eurasia Group, Nippon, Pittsburgh, . Steel, Democratic, Nippon Steel, United Steelworkers, ”, Japan Locations: TOKYO, Japan, Washington, Tokyo, China, Russia, North Korea, U.S, York, Japanese, Pittsburgh, ” Japan, United States, Temple, Hong Kong

☆ Indonesia’s new leader calls for collaboration with China before heading to the U.S.
▼ + stars: | 2024-11-11 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Ap-Live-Blog-Byline-Image.Png | The Associated Press | ) www.nbcnews.com time to read: +2 min

Subianto wrapped up the first stop of his first overseas trip since taking office three weeks ago. He is headed next to Washington — where the U.S. government is confronting China’s rise — and then to Peru and Brazil for the Asia-Pacific Economic Cooperation and Group of 20 summits. They agreed to hold a first-ever joint meeting of their foreign and defense ministers in 2025, a joint statement said. China also helped build Indonesia’s first high-speed railway, an 88-mile route between Jakarta and Bandung that opened last year. But a flood of low-priced Chinese products has hit Indonesia’s garment makers hard, closing factories and prompting calls for import tariffs.

Persons: Prabowo Subianto, ”, Subianto, Washington —, Xi Jinping, ” Subianto, “ Organizations: BEIJING, Economic Cooperation, Group Locations: China, Washington, Peru, Brazil, Asia, “ Indonesia, Indonesia, South China, Beijing, Indonesian, Jakarta, Bandung

☆ Climate Action 15: 2024's Leading Innovators for a Sustainable Future
▼ + stars: | 2024-11-11 | by ( ) www.businessinsider.com time to read: +40 min

Editor's note: Business Insider's reporters and editors nominated leaders based on insights from past Climate Action honorees, expert sources, and reader submissions. Courtesy of Jayson RicamaraSaudi Arabia, with its hot desert climate and little fresh water, is one of the most difficult farming environments. AdvertisementIyris in October also launched a sustainable-farming pilot in Saudi Arabia with chemical and plastic manufacturers as well as companies including Red Sea Global, a luxury tourism developer. A UN climate panel estimated that harnessing wave energy could supply 20% more electricity than the world produced in 2022. The US is trying to shore up its own mining and manufacturing base to curb China's power, including in battery recycling.

Persons: Derya Baran, Iyris Derya Baran, Jayson Ricamara, Baran, SecondSky, who's, Inna Braverman, Braverman, David Leb, Charles Callaway, Environmental Justice Charles Callaway ., Callaway, Clara, Gretchen Cara Daily, Stanford University Gretchen Cara Daily, Daily, NatCap, Juan Carlos Navarro, Panama Juan Carlos Navarro, Panama Navarro, José Raúl, Haiti —, Navarro, del, Reinhold Gallmetzer, Reinhold, Gallmetzer, Brazil's JBS, packer, Diane Gilpin, Smart Green Shipping Diane Gilpin, Gilpin, Drax, Roberta Tuurraq Glenn, Borade, Savok Glenn, Glenn, Cynthia Houniuhi, Houniuhi, it's, Arvind Kumar, Prasad, Rice, Kumar, Ari Matusiak, Gazur, Matusiak, —, Duncan McIntyre, McIntyre, Altenex, Ozane, Biden, It's, Delta, Liz Ricketts, Charlie Engman Ricketts, Ricketts, Ricketts didn't, Chao Yan, Princeton NuEnergy Chao Yan, Yan Organizations: Iyris, United Arab, King Abdullah University of Science, Technology, Red, Eco, UN, Eco Wave Power, Shell, Environmental Justice, Proctor Academy For Callaway, Metropolitan Transportation Authority, Green Institute, Callaway, Natural, Stanford University, Stanford, Facility, Ministry, Environment, Panama's, UNESCO, US State Department, National Association for, Nature, Center, for, Carrefour, Nestlé, Smart Green Shipping, Scottish Enterprise, International Windship Association, Maritime Organization, Union, Alaska Arctic Observatory, National Weather Service, AAOKH, University of Alaska, Pacific Islands, University of, International Court of Justice, United Nations, Prasad Seeds, Labor, Prasad, International Rice Research Institute, Rewiring, Reduction, Communities, Highland Electric, Schools, Highland, Beverly Public Schools, Fortune, Edison International, Louisiana, US Department of Energy, Ozane, White, LNG, Vessel Project, Biden, Department of Energy, Kantamanto, London . Brands, McKinsey, Princeton, New Jersey Institute of Technology, Princeton University, Princeton NuEnergy, Energy, Laboratory, EV Locations: Jayson Ricamara Saudi Arabia, Saudi Arabia, United Arab Emirates, Egypt, Spain, Ukraine, Cherkassy, Israel, Gibraltar, Port of Los Angeles, Porto, Portugal, West Harlem, New York City, Clara Hale, Costa Rica, Belize, China, NatCap, Stanford, Panama, Colombia, Venezuela, Haiti, Panama City, Brazil, Peru, Brazilian, , Norway's, Barrow, Furness, Alaska, University of Alaska Fairbanks, Utqiaġvik, Fanalei, Solomon Islands, Fiji, Vanuatu, Tonga, Asia, Saharan Africa, India, Philippines, Nepal, Bangladesh, Africa, Hyderabad, South, Southeastern Asia, Subhanpur, Rewiring America, Massachusetts —, Sulphur , Louisiana, Calcasieu, Vessel Project Louisiana, Accra, Ghana, New York, London, Kantamanto, Taiyuan, China's Shanxi, Argonne, South Carolina

☆ Research reveals China has built prototype nuclear reactor to power aircraft carrier
▼ + stars: | 2024-11-11 | by ( Story The Associated Press | ) edition.cnn.com time to read: +12 min

The project at Leshan is dubbed the Longwei, or Dragon Might, Project and is also referred to as the Nuclear Power Development Project in documents. This satellite image from Planet Labs PBC shows the Nuclear Power Institute of China's Site No. The site is under the control of the Nuclear Power Institute of China, a subsidiary of the China National Nuclear Corporation, which is tasked with reactor engineering research and testing. The research does not, however, provide clues as to when a Chinese nuclear-powered carrier could be built and become operational, she said. Matthew Funaiole, senior fellow at the Center for Strategic and International Studies’ China Power Project, said he doubts China’s next carrier will be nuclear-powered.

Persons: ”, Tong Zhao, Jeffrey Lewis, Jamie Withorne, Sarah Laderman, ” “, Laderman, Li Gang, Yuan Huazhi, China’s, “, Matthew Funaiole, Nick Childs, ” Childs, Childs, Zhao, ” Zhao, Xi Jinping Organizations: Thailand AP, Associated Press, “, Carnegie Endowment, International Peace, Washington , D.C, Middlebury Institute of International Studies, Nuclear, Development, China’s Defense Ministry, Foreign, Ministry, Planet Labs PBC, Nuclear Power Institute, Middlebury, Nuclear Power Institute of China, China National Nuclear Corporation, China Ship Research, Design Center, Development Project, AP, Oslo Nuclear, Open Nuclear Network, PAX, Shandong, Xinhua, US Navy, China’s People’s Liberation Army Navy, Center for Strategic, Studies, Power, Liberation Army Navy’s, International Institute for Strategic Studies, US, International, Pacific, People’s Liberation Army Navy, Defense Department Locations: Bangkok, Thailand, China, Beijing, United States, France, Washington ,, California, Leshan, Sichuan, Mucheng Township, Sichuan Province, Mucheng, Sichuan’s, Chengdu, Soviet Union, Oslo, Vienna, Sanya, Hainan Province, Soviet, Liaoning, Shandong, Fujian, Taiwan, Pacific, South China, China’s

Search resuls for: "Pacific"

25 mentions found