DIRS.INFO The most relevant business & tech news

He was tied for 20th, chasing Lucas Herbert, the leader after a 6-under 63. Herbert had 10 birdies — seven over his final nine holes — to overcome an early bogey. 59 in the world, needed a big spark after entering the FedEx Fall 152nd in points. The 63 wass two shots shy of the tournament course record of 61 shared by seven players, most recently Ricky Barnes in 2018. “Just one bad swing that led to a double and then a bad wedge shot that was quite frustrating,” Homa said.

Persons: — Justin Thomas scuffled, Thomas, Lucas Herbert, ”, “, Herbert, Kim, Kelly Kraft, Jason Dufner, Harry Hall, Sung Kang, Zac Blair, Mark Hubbard, Max Homa, Zach Johnson, Stewart Cink, ” Herbert, Herbert parred, Ricky Barnes, Barnes, Homa, Steve Stricker, ” Homa Organizations: Ryder, Wyndham, FedEx, John Deere Locations: NAPA, Calif, Greensboro , North Carolina, wasn’t, Northern, America, Australia, Maine

☆ Asking $22 Million: A Napa Valley Home With a Cabernet Vineyard
▼ + stars: | 2023-09-13 | by ( E.B. Solomont | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/real-estate/luxury-homes/asking-22-million-a-napa-valley-home-with-a-cabernet-vineyard-5bf5cf2e

Persons: Dow Jones Locations: napa

☆ Florida's mega-rich could pay $600K for annual home insurance in elite enclaves as the state is slammed with increasingly severe hurricanes
▼ + stars: | 2023-09-09 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +3 min

Insurance rates in Florida have tripled in recent years, according to Bloomberg. For the ultra-rich, insurance companies could sell five- to six- figure policies. Homeowners across Florida have seen rates increase threefold in the past few years, the report found. Weather risks, along with a combination of other factors, have caused insurance companies to pivot and stop issuing new policies in Florida. California, a state that is prone to wildfires and extreme weather, has also experienced an exodus of insurance companies.

Persons: Diddy, Jennifer Lopez, Ken Griffin, Idalia, Mark Friedlander, Oscar Seikaly Organizations: Bloomberg, Service, Homeowners, Citadel, Sunshine State, National Weather Service, Insurance Information Institute, Farmers Insurance, AAA, Farm, Allstate, NSI Insurance Locations: Florida, Wall, Silicon, Florida's, Star, Texas, . California, Napa Valley

☆ Musk once tried to stop Google's DeepMind acquisition in 2014, saying the future of AI shouldn't be controlled by Larry Page
▼ + stars: | 2023-09-07 | by ( Kai Xiang Teo | ) www.businessinsider.com time to read: +4 min

At Musk's 2013 birthday bash, he and Larry Page discussed AI's role in humanity's future, per biographer Walter Isaacson's retelling. Page labeled Musk a "specist," while Musk defended his views as "pro-human." Musk even attempted to stop Google's acquisition of AI company DeepMind, saying Page shouldn't control the future of AI, Isaacson wrote in a Time Magazine report. Per Isaacson, the reason behind the thwarting attempt was Musk's distrust of then-CEO of Google, Larry Page, and his views towards AI. Musk, Page, and Google did not immediately respond to a request for comment from Insider, sent outside regular business hours.

Persons: Larry Page, Walter Isaacson's, Musk, Isaacson, Elon Musk, Walter Isaacson —, Per Isaacson, DeepMind, Demis Hassabis, Larry, Luke Nosek, Musk's, —, Tucker Carlson, Page, Sam Altman, Eric Schmidt, Geoffrey Hinton Organizations: Magazine, Service, Time Magazine, Google, Media, PayPal Locations: Wall, Silicon, DeepMind, Napa Valley , California

☆ A company that counts billionaires Marc Andreessen and Laurene Powell Jobs as investors says it's bought 50,000 acres of land to build a new 'walkable' city in northern California. Here's everything w
▼ + stars: | 2023-09-01 | by ( Grace Dean | ) www.businessinsider.com time to read: +6 min

California Forever says it wants to build a "walkable" city with new jobs, surrounded by an agricultural greenbelt. The company, Flannery Associates, has been quiet until now, but its parent company California Forever just launched a new website detailing its master plan. Solano County sits between Sacramento, San Francisco, and Napa Valley, and has a population of around 450,000 across just over 900 square miles. Sramek founded California Forever in 2017 and recently bought a family home there. "Now that we're no longer limited by confidentiality, we are eager to begin a conversation about the future of Solano County," it says.

Persons: Goldman Sachs, Marc Andreessen, Laurene Powell Jobs, Flannery, Jan Sramek, he'd, Jan, Sramek, it's, Who's, Chris Dixon, John Doerr, Nat Friedman, Daniel Gross, Reid Hoffman, Michael Moritz, Andreessen Horowitz, Patrick, John Collison Organizations: Goldman, Service, Flannery Associates, California Forever, Travis Air Force Base, California Forever's, California Delta, California Locations: San Francisco, California, Wall, Silicon, Solano County, Sacramento, Napa Valley, Solano, Fairfield, Rio Vista, walkable

☆ 30 dividend-paying stocks in solid sectors with upside outside the AI hype, according to a 30-year fund manager
▼ + stars: | 2023-08-27 | by ( Laila Maidan | ) www.businessinsider.com time to read: +6 min

Similar companies within the healthcare sector in his portfolio include Abbott Laboratories (ABT), which pays out a 1.95% dividend yield. Additionally, it offers a 2.35% dividend yield. Within the defense sector, he also likes Lockheed Martin (LMT), which pays a dividend yield of 2.64%. It pays out a 2.19% dividend yield plus a profit and losses payout at the end of the year. It has a 2.85% dividend yield and has increased its payout by about 8 to 10% a year, he said.

Persons: Max Wasserman, He's, Wasserman, overvalued, That's, Johnson, There's, Lockheed Martin Organizations: Miramar Capital LLC, Nasdaq, Broadcom, Microsoft, Company, NAPA Auto, Parts, Abbott Laboratories, Merck & Co, Dynamics, Group, PepsiCo Locations: Northbrook , Illinois, NAPA

Aug 24 (Reuters) - A Las Vegas restaurant whose parent is led by Michelin-starred chef Thomas Keller was sued on Thursday by a U.S. government agency, which accused managers of sexually harassing female and male employees on a daily basis. Keller's company, Thomas Keller Restaurant Group, is also a defendant. The EEOC filed its lawsuit in federal court in Las Vegas. It also filed three other sexual harassment lawsuits on Thursday against restaurants in the Las Vegas area. The EEOC said the misconduct at Bouchon included sexual advances, sexually charged comments and unwanted advances, primarily by men.

Persons: Thomas Keller, Keller, Mario Batali, John Besh, Ken Friedman, EEOC, Carol Zavala, Zavala, VII, Jonathan Stempel, Jonathan Oatis Organizations: Michelin, U.S, Employment Opportunity Commission, Thomas Keller Restaurant, Civil, District of, Thomson Locations: Vegas, Las Vegas, California , New York, Miami, Northern, Napa Valley, Se, New York City, U.S, District, District of Nevada, New York

☆ Golf legend Phil Mickelson wagered more than $1 billion over decades, lost around $100 million, gambler claims
▼ + stars: | 2023-08-10 | by ( Dan Mangan | ) www.cnbc.com time to read: +1 min

"Walters told Mickelson, according to an excerpt of the book published by Golf Digest. Walters writes that he asked Mickelson if he remembered what happened to Pete Rose, who was banned from baseball for life for betting on the Cincinnati Reds while managing that team. " 'You're seen as a modern-day Arnold Palmer,' " Walters writes he told Mickelson. 'Walters, 77, said that Mickelson replied: "Alright, alright." Walters wrote that he hoped Mickelson did not place that bet somewhere else, as the American team lost in a stunning comeback by the European squad that became known as the "Miracle at Medinah."

Persons: Phil Mickelson, Phil Mickelson wagered, Billy Walters, Walters, Mickelson, Pete Rose, Arnold Palmer Organizations: Safeway, Silverado, U.S, Ryder, Country, Golf Digest, Cincinnati Reds, American Locations: Napa , Calif

CHONBURI, Aug 6 (Reuters) - Thai farmers marked the beginning of rice cultivation during the monsoon season on Sunday with their annual water buffaloes race which dates back to the 1800s. More than 60 buffaloes took part in the race along a 200-meter dirt track in the Napa sub-district of Chonburi province, some 80 kilometres (50 miles) southeast of the capital Bangkok. Samart Suksawang, mayor of Napa, said the event honours the buffalo's traditional role as beast of burden in rice farming. Though many farmers now use tractors for rice ploughing, water buffaloes are still kept for other duties like carrying. The race took place in hot dry weather, with a 5% drop in rainfall forecast for the July-October monsoon, according to the country's Meteorological Department.

Persons: Samart Suksawang, we've, Noppadorn Ponpaiparn, it's, We're, Napat Wesshasartar, Thomas Suen, Panu, Andrew Cawthorne Organizations: CHONBURI, country's Meteorological Department, Thomson Locations: Napa, Chonburi, Bangkok

☆ I traveled 96 hours from Boston to Napa using the Amtrak USA Rail Pass. I wanted an adventure, but I regretted my choice a few times.
▼ + stars: | 2023-07-21 | by ( Fortesa Latifi | ) www.businessinsider.com time to read: +5 min

Cali O'Connor bought an Amtrak USA Rail Pass to get from Boston to Napa two summers ago. I took a 96-hour train ride from Boston, Massachusetts, to Napa, California. I started my journey in Boston, then stopped in Milwaukee, Wisconsin; Whitefish, Montana; and Seattle, Washington, before getting to my destination of Napa. The first leg of the trip was from Boston to Milwaukee, which took about 27 hours. It took another 30 hours to get from Milwaukee to Whitefish, then 14 hours from Whitefish to Seattle.

Persons: Cali O'Connor, I've, I'm, I'd, Joe's Organizations: Amtrak, San Francisco International Locations: Amtrak USA, Boston, Napa, Boston , Massachusetts, Napa , California, United States, Napa Valley, Milwaukee , Wisconsin, Whitefish , Montana, Seattle , Washington, California, Milwaukee, Whitefish, Seattle, Mexico, TikTok

☆ $3 Million Homes in California
▼ + stars: | 2023-07-17 | by ( Angela Serratore | ) www.nytimes.com time to read: +1 min

Wine bars, a bakery, a breakfast spot with a train theme, a Whole Foods Market and a Safeway grocery store are all nearby. Driving to Napa or San Francisco takes an hour or more. Size: 2,983 square feetPrice per square foot: $1,004Indoors: A walking path connects the top of the long driveway to one of several patios and the home’s entrance. The front door opens into a foyer with a barrel-vault ceiling and new wide-plank French oak floors. The oak floors continue into a living area with more high ceilings and a wood-burning fireplace flanked by built-in bookshelves.

Organizations: Foods, Safeway Locations: Sebastopol, Freestone, Occidental, Wine, Bodega Bay, Napa, San Francisco, bookshelves

☆ I got chauffeured in a $500,000 Rolls-Royce and saw firsthand how nice life is for the .1%
▼ + stars: | 2023-07-12 | by ( Tim Levin | ) www.businessinsider.com time to read: +6 min

I got driven in the Rolls-Royce Cullinan SUV and Ghost sedan. The Rolls-Royce Cullinan starts at around $400,000. Getting whisked to my destination in a $500,000 Rolls-Royce Cullinan SUV provided an even fuller picture of the good life — and disproved once and for all the notion that you can't get any happier after making $75,000 per year. The Rolls-Royce Cullinan's headrest had trim that matched the cabin's blue theme. The Rolls-Royce Ghost is little sibling of the Phantom.

Persons: Royce Cullinan, Royce, I'd, Tim Levin, Royce Cullinan's, Cullinan, Royce Cullinan's headrest Organizations: Royce, SFO, BMW, TSA Locations: New York, San Francisco, Napa, Nobu, Riding, steerage

☆ Fine wine is souring as investment prices sink
▼ + stars: | 2023-07-12 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +7 min

New York CNN —Fine wine prices have been rising consistently for years, attracting investors looking to hedge against inflation, economic turmoil and stocks. The company currently manages $375 million worth of fine wine assets (that’s a 45% increase year on year). Fine wine has had a compound annual growth rate of 10% over the last 30 years, according to the Liv-Ex investables index, which tracks the going rates for fine wines. Leading the way in losses is Bordeaux, which experienced the largest drop of all fine wine categories in June. That’s a bit worrisome, said Tiwari, as Bordeaux is the most established region in the fine wine investment market and typically maintains its price stability.

Persons: Jay, David Beckham, Stephen Curry, Liv, ”, Atul Tiwari, That’s, Tiwari, SVB, Rob McMillan, “, we’re, LIV Golf, Chris Isidore, Richard Blumenthal, Ron Price, Jimmy Dunne, Sen, ” Dunne, LIV, Clare Duffy, Clare Organizations: CNN Business, Bell, New York CNN, Cult Wines, SEC, First Citizens Bank, “, PGA Tour, Saudi, PGA, Connecticut Democrat, University of Pennsylvania Locations: New York, Bordeaux, London, Silicon, Napa, California, “ California, Saudi, American, Connecticut, Clare

☆ Christina Najjar’s Napa Valley
▼ + stars: | 2023-07-05 | by ( Sheila Yasmin Marikar | ) www.nytimes.com time to read: +1 min

During her time in the region, she frequently decamped to wine country seeking revelry and respite. “I’m a super fan of Napa,” she said during a recent telephone interview. Ms. Najjar, who lives in Los Angeles, was fresh from BottleRock, an annual music festival held at the Napa Valley Expo. “I have my old favorites, but I’m always looking for the next big thing. “It’s Napa’s version of Erewhon,” she said, referencing the high-end organic supermarket, “and you know we love Erewhon.”

Persons: influencer Christina Najjar —, Tinx —, “, Najjar, I’m, ” She’s, ” Organizations: Stanford University Locations: Bay, Northern California, San Francisco, Poshmark, Napa, ”, Los Angeles, St, Helena

☆ These are the 10 most expensive metro areas in the U.S. for renters—4 of them are in California
▼ + stars: | 2023-06-19 | by ( Celia Fernandez | ) www.cnbc.com time to read: +1 min

The New York City tri-state area ranked as the most expensive on the list. While the average rent in Newark is $1,850 and $2,500 in Jersey City, in New York City it is $3,610, according to Zillow's rental manager. The metro area of New York City, N.Y., Newark, Jersey City, N.J ranked as the most expensive for renters. 2 on the list is the Miami, Fort Lauderdale and Pompano Beach, Florida metro area. The Oxnard, Thousand Oaks and Ventura area in California ranked third on the list.

Persons: Payscale, Alexander Spatari, John Elk Iii Organizations: New, Urban, Washington D.C, The New York City, Thousand Oaks, Bank, Getty Locations: New York City, N.Y, Newark, Jersey City, N.J, Miami, Fort Lauderdale, Pompano Beach, Fla, Oxnard, Thousand Oaks, Ventura, Calif, San Diego, Chula Vista, Carlsbad, Urban Honolulu, Hawaii Los Angeles, Long Beach , Anaheim, Napa , Calif, Naples, Marco Island, Washington, Arlington, Alexandria, Virg . Bridgeport , Stamford , Norwalk, Conn, Pompano Beach , Florida, Florida, California

☆ Savoring a California Wine Country Far From Napa and the Crowds
▼ + stars: | 2023-06-12 | by ( Laura M. Holson | ) www.nytimes.com time to read: +1 min

About 10 miles away, the tasting room at Lightpost Winery in Morgan Hill can be found in a ho-hum office park. In 2018, she opened Lightpost and teamed with Christian Roguenant, who grew up in Burgundy and is Lightpost’s head winemaker. Vivian, the tasting room manager, gave us an impromptu lesson, too, with a side-by-side comparison of how grapes vary by vintage. A larger, more corporate tasting room would be hard-pressed to take the time. Already the young winery is attracting attention; it’s 2018 reserve cabernet sauvignon from Paso Robles has won state competitions.

Persons: Mace, Sofia Fedotova, Christian Roguenant, Lightpost, Fedotova, Vivian, Paso Robles Locations: Italy, Lightpost, Morgan Hill, Burgundy, Santa Cruz , Monterey, San Luis Obispo, Russian, Paso Robles, Paso

☆ This country has the best wines in the world for 2023
▼ + stars: | 2023-06-07 | by ( Maureen O'Hare | ) edition.cnn.com time to read: +5 min

But one country has just triumphed over all the rest in the Decanter World Wine Awards 2023, the world’s biggest and most established wine competition, now in its 20th year. It was a victory for the New World as 10 Australian wines were named Best in Show, more than any other country. Italy had seven Best in Shows – all reds from Tuscany and Piedmont – while Portugal (three Best in Shows) – excelled in Port and Madeira. It’s Croatia – Slovenia makes wonderful wines, really really good – Slovakia, all around there.”Judges at the awards tasted up to 90 wines a day. London Food and Drink Photography/Decanter World Wine Awards 2023/Nic Crilly-HargraveThe future of wine regionsWith countries around the world regularly hitting record temperatures, climate change is already having an effect on established wine regions.

Persons: McLaren, Blanc, Château, De, –, Nic Crilly, Sarah, Jane Evans, you’re, “, Hargrave, ”, Evans, it’s Organizations: CNN, McLaren Vale, London ., London . London Food, Hargrave, Croatia –, London Food, ” Regions, of Locations: Portugal’s Douro, Napa Valley, Western, Margaret River, France, Spain, Champagne, Bordeaux, Italy, Tuscany, Piedmont –, Portugal, Port, Madeira, Greece, South Africa, Austrian, Chilean, Serbian, Oregon, New Zealand, London, London . London, Royal, South Korea, Balkans, Croatia, Croatia – Slovenia, Slovakia, California, they’re, Kent , Sussex, Hampshire, Surrey, of England

☆ Wellness travel is rising among a particularly weary group of travelers — parents
▼ + stars: | 2023-05-10 | by ( Monica Pitrelli | Morgan Awyong | ) www.cnbc.com time to read: +6 min

But a new survey shows parents increasingly want in on a trend that isn't often aimed at families: wellness travel. The data showed an emerging picture of family travel — one in which parents may be starting to prioritize their own needs alongside those of their children. Traveling for physical health is up eight points among parents since last year, said Lindsey Roeschke, travel and hospitality analyst at Morning Consult. Planning a wellness family vacationThough some wellness resorts only allow adults, places like The Farm at San Benito welcome guests of all ages. Planning your own wellness tripRather than a resort stay, parents can plan their own wellness trips based on their interests.

☆ In California, a John Marsh Davis-Designed Home Comes Up for Sale for the Very First Time
▼ + stars: | 2023-05-02 | by ( Fred A. Bernstein | ) www.wsj.com time to read: +1 min

There are supports, but a magician hid some of them in floor-to-ceiling bookcases and threaded others through wisteria-laden trellises. Though labeled Midcentury Modern, his houses are nothing like the better known Midcentury Modern works of architects like Richard Neutra, which are composed of flat, white surfaces. And, though labeled organic, they are nothing like the better-known organic works of Frank Lloyd Wright, which tend to hug the ground. Mr. Davis’s houses aren’t flat, or white, or low. They soar, in a style that Hans Baldauf, the author of a new book about Mr. Davis, calls “wood expressionism.” Mr. Davis himself liked to call his approach Forgotten Modern.

New York/London CNN —JPMorgan Chase is buying most assets of First Republic Bank and assuming all of the lender’s deposits in a deal announced Monday that was arranged by the US Federal Deposit Insurance Corporation. JPMorgan said it had acquired “the substantial majority of assets” and assumed the deposits, insured and uninsured, of First Republic Bank from the FDIC, the independent government agency that insures deposits for bank customers. The FDIC took control of the embattled First Republic and then immediately announced a sale of many of its assets and deposits. Silicon Valley Bank and Signature Bank both were taken over by the FDIC last month following runs on those banks by their customers. “As part of the transaction, First Republic Bank’s 84 offices in eight states will reopen as branches of JPMorgan Chase Bank, National Association, today during normal business hours,” it noted.

☆ What’s next for troubled First Republic Bank
▼ + stars: | 2023-04-29 | by ( Chris Isidore | ) edition.cnn.com time to read: +5 min

New York CNN —First Republic Bank is still an independent bank. The FDIC had already done so with two other similar sized banks just last month — Silicon Valley Bank and Signature Bank — when runs on those banks by their customers left the lenders unable to cover customers’ demands for withdrawals. Nervous major depositorsThe financial report showed depositors had withdrawn about 41% of their money from the bank during the first quarter. In its earnings statement, the bank said insured deposits declined moderately during the quarter and have remained stable from the end of last month through April 21. So when customers lose confidence in a bank and rush to withdrawal their money, what is known as a “run on the bank,” it can cause even an otherwise profitable bank to fail.

☆ Sam Altman is building his utopia, whether you want it or not
▼ + stars: | 2023-04-27 | by ( Melia Russell | Julia Black | ) www.businessinsider.com time to read: +41 min

Altman told Insider, "We debate our approach frequently and carefully." "I don't think anyone can lose your dad young and wish he didn't have more time with him," Altman told Insider. Altman told Insider that his thinking had evolved since those posts. (When asked about guns, Altman told Insider he'd been "happy to have one both times my home was broken into while I was there.") When asked about this, Altman told Insider in an email: "i can guess what that's about; these stories grow crazily inflated over the years of getting re-told!

☆ He's played chess with Peter Thiel, sparred with Elon Musk and once, supposedly, stopped a plane crash: Inside Sam Altman's world, where truth is stranger than fiction
▼ + stars: | 2023-04-27 | by ( Melia Russell | Julia Black | ) www.businessinsider.com time to read: +41 min

But, "you do at some point need to start having contact with reality," he told Insider. The plan was still only a rough sketch, Blania told Insider, but that didn't seem to matter to his host. "He always wanted to understand everything at a very deep level," Thrun told Insider in an email. (When asked about guns, Altman told Insider he'd been "happy to have one both times my home was broken into while I was there.") When asked about this, Altman told Insider in an email: "i can guess what that's about; these stories grow crazily inflated over the years of getting re-told!

☆ Who says romance is dead? Couples are using ChatGPT to write their wedding vows
▼ + stars: | 2023-04-12 | by ( Samantha Murphy Kelly | ) edition.cnn.com time to read: +5 min

CNN —When Elyse Nguyen was nearing her wedding date in February and still hadn’t started writing her vows, a friend suggested she try a new source of inspiration: ChatGPT. Nguyen ultimately ended up using a good portion of ChatGPT’s suggestions and said her husband was on board with it. “It helped alleviate some stress because I had no prior experience with wedding vows nor did I know what should be included,” Nguyen said. The Writer’s Block Assistant tool helps users write vows, best man and maid of honor speeches, thank you cards and wedding website “about us” pages. We’re working on responsibly innovating using AI to advance the wedding and event industry as a whole.”Michael Grinn and Kate Gardiner used viral AI tool ChatGPT to write the Ketubah, a Jewish wedding contract, for their June wedding.

☆ The ChatGPT King Isn’t Worried, but He Knows You Might Be
▼ + stars: | 2023-03-31 | by ( Cade Metz | More About Cade Metz | ) www.nytimes.com time to read: +1 min

Many in the field have criticized the decision, arguing that this set off a race to release technology that gets things wrong, makes things up and could soon be used to rapidly spread disinformation. On Friday, the Italian government temporarily banned ChatGPT in the country, citing privacy concerns and worries over minors being exposed to explicit material. This allowed him to pursue billions of dollars in financing by promising a profit to investors like Microsoft. His grand idea is that OpenAI will capture much of the world’s wealth through the creation of A.G.I. In Napa, as we sat chatting beside the lake at the heart of his ranch, he tossed out several figures — $100 billion, $1 trillion, $100 trillion.

Persons: Altman, Mr Organizations: Microsoft Locations: Italian, Napa

Search resuls for: "napa"

25 mentions found