DIRS.INFO The most relevant business & tech news

☆ Globus Medical's $3 bln deal for NuVasive to fortify spinal business spooks investors
▼ + stars: | 2023-02-09 | by ( Raghav Mahobe | ) www.reuters.com time to read: +2 min

Feb 9 (Reuters) - Globus Medical Inc (GMED.N) said on Thursday it would acquire peer NuVasive Inc (NUVA.O) in an all-stock deal valued at about $3 billion to build scale in the competitive market for spinal devices. NuVasive shareholders will receive 0.75 of Globus shares, implying a per-share offer of $57.72 and a premium of about 26% to Wednesday's close. Shares of Globus Medical fell more than 17%, with analysts raising concerns around deals in spinal device space. "We both have very rich product portfolios to still develop," said Globus Medical Chief Executive Officer Daniel Scavilla. NuVasive shareholders will own about 28% of the combined company, while Globus shareholders will own the rest.

☆ Layoffs sweeping Big Tech are putting corporate diversity efforts at risk
▼ + stars: | 2023-02-06 | by ( Marguerite Ward | ) www.businessinsider.com time to read: +7 min

For years, but especially after the May 2020 murder of George Floyd, CEOs kept reassuring Americans that efforts around diversity, inclusion, and workplace culture weren't just window dressing. At least that's how things now seem, multiple people who work in corporate diversity told Insider. He said the layoffs hitting diversity departments would do "long-term damage" to corporate America and showed CEOs' "empty promise" to bring change to their companies. The layoffs sweeping Big Tech and unfolding in some other industries are hitting the departments designed to make American companies more diverse. This puts corporate America's progress in this effort at risk, people in DEI told Insider.

☆ 'Rage applying' isn't new — but is it effective? Here's what workplace experts say
▼ + stars: | 2023-01-25 | by ( Goh Chiew Tong | ) www.cnbc.com time to read: +9 min

The 27-year-old is among many young workers who identify with "rage applying," a term that recently went viral on TikTok. Rage applying is a "more aggressive evolution" of what frustrated workers are doing following the "quiet quitting" phenomenon, Zimmerman added. When I was rage applying, it was a way for me to feel like I had control over my life. That is no doubt a major draw for professionals who were or want to be part of "the big quit" and "rage applying." Benefits of rage applyingNevertheless, apart from potential financial gains, rage applying and going for interviews — should you secure any — could be beneficial, said Bergen.

“To the people of #NY03 I have my story to tell and it will be told next week,” Santos tweeted on Dec. 22. After images surfaced showing Santos dressed in drag, Santos insisted it was “categorically false” that he had ever performed as a drag queen. A Siena College survey released Monday showed many New York voters seem to agree with Stern’s assessment. Just 16% of New York voters said they viewed Santos favorably — including a mere 15% of Republicans. Additionally, 59% of New York voters said Santos should resign while just 17% said he should not.

☆ Medical device stocks tend to beat the market, and analysts expect these names to see big gains
▼ + stars: | 2023-01-23 | by ( Bertha Coombs | ) www.cnbc.com time to read: +4 min

Medical device makers, like many manufacturers, have faced challenges over the last year from inflationary supply chain costs, staffing shortages and the strong dollar impacting sales overseas. However, since 2007 the device sector ETF has averaged a gain of 14% per year, 6 percentage points better than the broader market index over the same period. More than 60% of analysts rate the shares a buy, with a mean price target implying 34% upside. Nearly 90% of analysts rate the stock a buy, with mean price target of $53, implying more than 30% upside. BTIG analysts Marie Thibault and Ryan Zimmerman think that M & A could be another catalyst for the medical device sector in 2023, with robotic surgery players likely to be of particular interest.

☆ Matt Gaetz says embattled GOP Rep. George Santos shouldn't be 'subject to shunning' before his ethics process: 'He deserves the chance to at least make his case'
▼ + stars: | 2023-01-15 | by ( John L. Dorman | ) www.businessinsider.com time to read: +3 min

Matt Gaetz said George Santos shouldn't be shunned in advance of a congressional ethics process. "I think he deserves the chance to at least make his case," Gaetz said of his embattled GOP colleague. "George Santos will have to go through the congressional ethics process. While speaking to Gaetz, Santos did not reveal the source of the money that used to give to his successful House campaign. And top Republicans in Nassau County — the suburban New York jurisdiction that anchors Santos' congressional district — have called on him to resign from Congress.

☆ Top Wall Street analysts like these stocks amid easing inflation
▼ + stars: | 2023-01-15 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +6 min

To help the process, here are five stocks chosen by Wall Street's top pros, according to TipRanks, a platform that ranks analysts based on their track records. Hims & HersAnother stock that Feinseth has recently reiterated as a buy is the multi-specialty telehealth company, Hims & Hers (HIMS). Feinseth is confident in HIMS's strong brand equity and customer loyalty, which he expects will continue to drive business performance. BTIG analyst Ryan Zimmerman notes that the company stands to benefit from this space as larger players have mostly overlooked the opportunity. (See OrthoPediatrics Financial Statements on TipRanks) Last week, Zimmerman reiterated his buy rating and $62 price target on KIDS stock.

WASHINGTON, Jan 11 (Reuters) - Embattled U.S. Representative George Santos said he had no plans to heed fellow New York Republicans' calls to step down, a plea they made on Wednesday due to what they called "lie after lie after lie" about his career and history. The New York Republicans made their plea at a news conference two days after a nonpartisan watchdog accused Santos of breaking campaign finance laws in a filing with the Federal Election Commission. "It's just lie after lie after lie. Republican Representative Nick Langworthy from western New York and Representative Anthony D'Esposito, who represents a district next to that of Santos, were also among those calling on the first-term congressman to step down. During the news conference, officials said they would direct Santos' constituents to Representative D'Esposito in some cases, who had agreed to help residents of Santos' district.

☆ George Santos accused of flashing white-power symbol during House speaker vote
▼ + stars: | 2023-01-08 | by ( Alia Shoaib | ) www.businessinsider.com time to read: +3 min

Rep. George Santos has been accused of flashing a white-power symbol on the House floor on Thursday. Santos appeared to flash an OK symbol while casting a vote for Kevin McCarthy as speaker. The then-incoming lawmaker, who was sworn in on Saturday, was pictured making the gesture as he cast a vote for Kevin McCarthy in the tenth round of votes for House speaker. Santos used his right hand to cast his vote for McCarthy while making a sideways "OK" gesture with his left hand, which was positioned across his body. Many took to social media to condemn Santos and speculate on whether he had deliberately flashed the hand gesture.

WASHINGTON — George Santos, the 34-year-old New York Republican who's confessed to lying about part of his background, was sworn into the House early Saturday amid several investigations into his campaign and calls for him to resign. Santos officially took office when the new Congress was convened after Republicans finally elected Rep. Kevin McCarthy, R-Calif., as House speaker. And despite presenting himself as Jewish during his congressional campaigns, Santos told the Post, "I never claimed to be Jewish." Several House Democrats have criticized Santos, but none more than Rep. Ritchie Torres of New York, who's taken to trolling Santos on social media. Former Rep. Kevin Brady, R-Texas, who recently retired from Congress, said Sunday that Santos should consider resigning.

The Wall Street Journal is urging Phoenix police to investigate after one of its Black reporters was handcuffed and detained while working on an assignment on the city’s north side. On Nov. 23, Dion Rabouin, who covers finance for the Wall Street Journal, was detained in a police car while conducting interviews outside a Chase Bank. “We’re deeply concerned that Wall Street Journal reporter Dion Rabouin was detained, handcuffed and placed in the back of a police vehicle while reporting,” a Journal spokesperson said in a statement. I’m a reporter for The Wall Street Journal. A Phoenix Police Department spokesperson told NBC News that bank personnel called the police after customers complained Rabouin was approaching them and asking personal questions.

☆ Rep.-elect George Santos dodged reporters and sat alone in the House chamber on his first day in Congress
▼ + stars: | 2023-01-03 | by ( Sonam Sheth | ) www.businessinsider.com time to read: +4 min

Embattled Rep.-elect George Santos arrived for his first day in Congress on Tuesday. Santos — who lied about his education, religion, and work background — was also seen dodging reporters. Later in the afternoon, Santos was loudly booed by Democrats when he cast a vote for California Rep. Kevin McCarthy to be House speaker, according to CBS News. On Tuesday evening, the chamber adjourned for the day and voting will resume at noon on Wednesday. In a previous campaign for Congress, Santos claimed he had attended Horace Mann School, a prestigious preparatory school in the Bronx.

☆ Top analysts say buy stocks like Papa John's and Alphabet
▼ + stars: | 2023-01-01 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +6 min

In that context, we kickstart 2023 with five stocks picked by Wall Street's top analysts, according to TipRanks, a service that ranks analysts based on their past performance. Papa John'sQuick-service pizza chain Papa John's (PZZA) stock has depreciated significantly this year due to challenges in the U.K. and inflationary pressures, but its longer-term outlook remains resilient. Therefore, Papa John's value offerings like Papa Pairings are attracting new lower-income guests. (See Papa John's International Insider Trading Activity on TipRanks) Saleh reiterated a buy rating on the stock with a price target of $100. We see several near- and long-term levers to drive shareholder value that have started to unfold and will allow Papa John's to again outperform peers, leading to our Buy rating," said Saleh.

"Dick Clark's New Year's Rockin' Eve" will kick off at 8 p.m. You can watch it on ABC, or livestream it via services like Hulu + Live TV and YouTube TV. Here's how to stream "Dick Clark's New Year's Rockin' Eve," along with a full breakdown of performers. Where to watch 'Dick Clark's New Year's Rockin' Eve 2023'You can watch "Dick Clark's New Year's Rockin' Eve" on ABC at 8 p.m. Who is performing at 'New Year's Rockin' Eve 2023'?

☆ Congressman-elect George Santos faces increasing calls to resign
▼ + stars: | 2022-12-27 | by ( Jo Yurcaba | Jo Yurcaba Is A Reporter For Nbc Out. | ) www.nbcnews.com time to read: +8 min

Congressman-elect George Santos is facing increasing calls to resign following admissions that he fabricated parts of his resumé, including information about his education and employment history. “I’m not saying I’m not guilty of that.”Congressman-elect George Santos speaks during a press conference in Baldwin, N.Y. on Nov. 9, 2022. NBC News attempted to reach George Santos overnight but has not yet received a response. Public employment records only show one employer for Santos’ mother: Imports by Rose, a company based in Queens that shuttered in 1994. When asked about Santos’ claims regarding his mother, Santos’ attorney, Joseph Murray, referred NBC News to Kevin Connors, whom Murray said would be handling Santos’ press inquiries.

☆ Embattled Republican Santos faces new heat over 'Jew-ish' heritage claim
▼ + stars: | 2022-12-27 | by ( David Morgan | ) www.reuters.com time to read: +3 min

The Republican Jewish Coalition said Santos would not be welcome at the group's future events after misleading its members about his ties to their faith. Santos has vowed to serve out his two-year term in Congress, and House Republican leaders have been silent about the controversy. Because I learned my maternal family had a Jewish background, I said I was 'Jew-ish'," the Post quoted him as saying. I'm sorry," Santos told the Post on Monday. "I am not a criminal here - not here or in Brazil or any jurisdiction in the world," Santos told the Post.

The New York Attorney General’s Office said it is “looking into a number of issues" surrounding Congressman-elect George Santos, who was the subject of a bombshell New York Times investigation that questions whether the incoming Republican lawmaker fabricated much of his biography, including his education, work history and financial dealings. The office, however, did not confirm whether it had opened an official investigation into Santos and declined to comment further on the matter. A lawyer for Santos, Joe Murray, told NBC News in an email Thursday afternoon that he had "not been contacted by anyone" from the New York Attorney General's Office. Monday evening, Santos posted a statement on Twitter from his attorney dismissing the Times' report. Santos' competitor in the November election, Democrat Robert Zimmerman, said members of both parties "should be grateful" that the state's attorney general is looking into Santos.

☆ Why the George Santos fiasco points to Democrats’ political malpractice
▼ + stars: | 2022-12-20 | by ( Arick Wierson | Arick Wierson Is A Six-Time Emmy Award-Winning Television Producer | A Former Senior Aide To Former New York City Mayor Michael Bloomberg. He Advises Political | ) www.nbcnews.com time to read: +7 min

And in the case of Santos, it appears that Democrats failed to look into not one but an entire range of allegedly dubious claims made by the congressman-elect. Even more astonishing — and indeed puzzling for Democrats — is the fact that this wasn’t Santos’ first rodeo. Moreover, what does all this say about Democrats’ overall political operation not only in New York state but nationwide? It appears that Democrats, at least in this case, have been asleep at the wheel for some time. This Santos case should force some real self-examination on the part of Democrat’s political operations.

☆ George Santos responds to report that accused him of misrepresenting credentials on campaign trail
▼ + stars: | 2022-12-20 | by ( Zoë Richards | Zoë Richards Is The Evening Politics Reporter For Nbc News. | ) www.nbcnews.com time to read: +3 min

Santos, 34, was elected to represent New York’s 3rd Congressional District, beating Democrat Robert Zimmerman last month. Representatives for Citigroup and Goldman Sachs told NBC New York they had no record of his employment. In a statement Monday, Santos’ lawyer, Joseph Murray, dismissed the story, insisting that Santos was being smeared by "enemies" at the paper, and suggesting that Santos, posed a threat to Democrats. "It is no surprise that Congressman-elect Santos has enemies at the New York Times who are attempting to smear his good name with these defamatory allegations. The upset means Santos will succeed Democrat Tom Suozzi, who lost a primary bid for governor this year.

☆ From nothing to millions — incoming Republican Rep. George Santos' congressional financial disclosures raise more questions about his truthfulness
▼ + stars: | 2022-12-19 | by ( Madison Hall | ) www.businessinsider.com time to read: +4 min

In his first run for Congress two years ago, Republican George Santos disclosed having almost no assets. A new New York Times report revealed several inaccuracies in Santos' reported resume. The Devolder Organization, in which Santos disclosed that he had "100% interest," was one of six stakeholders in a Florida-based firm, Red Strategies USA. Santos' past in questionA newly released report by the New York Times and other publications put other aspects of Santos' resume into question. The New York Times also indicated that Santos may have lied about losing colleagues in the Pulse nightclub shooting and his residence.

But for a place that until earlier this month assiduously tracked every case, there is now no clear data on the extent of the virus’ spread. Customers queue at a pharmacy in Beijing, China, on Tuesday, December 13. Authorities on Wednesday morning reported 2,249 symptomatic Covid cases nationally for the previous day, 20% of which were detected in the capital. A closed Covid testing booth in Beijing, China, on Tuesday, December 13. Chinese state media has since warned people the preserved fruit is not a Covid remedy nor a substitute for medicine.

☆ The US may have lost in the World Cup, but soccer is more popular than ever in America
▼ + stars: | 2022-12-12 | by ( Harry Enten | ) edition.cnn.com time to read: +36 min

The Atlas Lions made history as the first African team to reach a World Cup semifinal. They made history as the first all-female refereeing crew for a men's World Cup match. It was Morocco's first World Cup win since 1998 — and its third-ever at the tournament. Less spoken about is that they also rate better on television than the men do in the World Cup. We’ll just have to wait and see, though with the US, Canada and Mexico hosting the 2026 World Cup, soccer isn’t going away anytime soon.

☆ Lizzo is TikTok’s top music artist for 2022
▼ + stars: | 2022-12-06 | by ( ) www.nbcnews.com time to read: +4 min

TikTok users also pushed “Jiggle Jiggle” and the “It’s corn!” kid to the top viral trends on the app in the U.S.Lizzo, who has 26 million TikTok followers, was the No. 1 music artist on TikTok this year, based on total video views. 1 trending song in the U.S. was “Sunroof” by Nicky Youre and Dazy, with TikTok users making some 8.9 million videos featuring the track. “Jiggle Jiggle,” the rap created more than two decades ago by documentary filmmaker Louis Theroux, gained a new life after it was remixed by DJ duo Duke & Jones (No. TikTok Top Artists 2022, U.S.@lizzo @bellapoarch @badbunny @charlieputh @dojacat @selenagomez @nessaabarrett @yunggravy @billieeilish @meghantrainorTikTok Top Trending Videos 2022, U.S.@amauryguichon: Constructing a very large chocolate giraffe @chipmunksoftiktok: Squishy’s back after hibernation!

Organizations: @ @ @ @ @ @ @ @ @

☆ Croatia beats Japan on penalties to reach World Cup quarterfinals
▼ + stars: | 2022-12-05 | by ( Ben Church | ) edition.cnn.com time to read: +28 min

CNN —Goalkeeper Dominik Livaković made himself a national hero as Croatia beat Japan on penalties 1-1 (3-1) to reach the World Cup quarterfinals. Marko Djurica/ReutersJapan’s heartbreakDespite its defeat, Japan can look back at an impressive World Cup campaign. They made history Thursday as the first all-female refereeing crew for a men's World Cup match. Mbappé was one of the leading stars of the team's World Cup triumph four years ago. He also became just the third goalkeeper to save three penalties in a single World Cup shootout.

☆ Japan vs. Croatia: Samurai Blue aiming to reach World Cup quarterfinals for first time
▼ + stars: | 2022-12-04 | by ( Aimee Lewis | ) edition.cnn.com time to read: +31 min

CNN —In a World Cup of surprises, Japan has played a leading role in headline-making shock results. Croatia is a team undefeated in nine of its last 10 World Cup matches. They made history Thursday as the first all-female refereeing crew for a men's World Cup match. Frappert became the first woman to referee a men's World Cup match. It was Morocco's first World Cup win since 1998 — and its third-ever at the tournament.

Search resuls for: "Zimmerman"

25 mentions found