DIRS.INFO The most relevant business & tech news

☆ Investor reaction to Adani market rout after short-seller report
▼ + stars: | 2023-02-02 | by ( ) www.reuters.com time to read: +4 min

The rout has sparked concern that the fallout could also affect, more broadly, confidence in India. GEORGE BOUBOURAS, HEAD OF RESEARCH AT K2 ASSET MANAGEMENT, MELBOURNE (UNDERWEIGHT ON INDIA)"The Adani effect works both ways given the market cap relative to index. "To attract more capital the Indian economy needs more FTAs (free-trade agreements) and more financial market reform - a long process." Given there has not been any significant change for now for the market valuation, the market remains overall expensive in our view." Adani is a known levered name in India, so I would think most participants should not associate the same issues for other Indian assets."

☆ Nick Clegg led Meta's decision to reinstate Trump to Facebook and Instagram. Here's how the former UK deputy prime minister charmed his way into Mark Zuckerberg's inner circle.
▼ + stars: | 2023-01-26 | by ( Philip Webster | ) www.businessinsider.com time to read: +18 min

Nick Clegg has risen quickly to become one of Mark Zuckerberg's closest confidants at Meta. Clegg, a former UK deputy prime minister, led the decision to reinstate Donald Trump to Facebook. It was updated on February 16, 2022 following the news that Nick Clegg had been promoted to the role of President for Global Affairs. In a challenging economic climate, the Lib Dems and their Conservative coalition partners voted to raise tuition fees. Nick Clegg (left) and Chris Huhne appearing on the BBC's "The Andrew Marr Show" in October 2007.

☆ I lied on my résumé and got the job that kickstarted my entire career. I don't regret it, but I wouldn't do it again.
▼ + stars: | 2023-01-23 | by ( Fortesa Latifi | ) www.businessinsider.com time to read: +4 min

She had no experience, so when a music video producer role came up, she faked her résumé. When I was 29, I got a job producing a music video for a country music star, based on a résumé I sent in that showed I was tailor-made for this job. I brought a proposed budget for the music video that I had almost completely copied from a budget I found online. Lying on my résumé worked out for me, but I wouldn't do it in 2023Even though my résumé was an exaggeration, I did a great job producing that music video. Having that credit to my name helped me get my next job, producing a pilot for VH1, which snowballed into other opportunities in my career.

☆ 'Netflix correct your mistake' is trending on Twitter as fans vent about the cancellation of 'Warrior Nun'
▼ + stars: | 2023-01-18 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +2 min

Netflix canceled its fantasy drama series "Warrior Nun" in December, and fans are not happy. This snowballed into "#NETFLIX CORRECT YOUR MISTAKE" trending on Twitter. Over 108,000 people have signed an online petition on Change.org to renew "Warrior Nun" for its third season. Henry T. Casey, a senior editor at Tom's Guide, an online publication that reviews tech products, tweeted: "Honestly, respect to the Warrior Nun fans. We learned a lot from Sense and we're going to try not to do this in the future," Netflix tweeted.

☆ I bought a $15,000 property to turn into an off-the-grid Airbnb 6 years ago. Now it rents for $1,250 per night — and it's done so well that I just quit my job.
▼ + stars: | 2023-01-09 | by ( Jamie Killin | ) www.businessinsider.com time to read: +6 min

Hillary Flur, 31, is the owner of an off-the-grid Airbnb in Joshua Tree, California. Then I heard about Airbnb, and I thought to myself: "I'm going to Airbnb my apartment so I can afford rent." Malek and I would work from Monday to Friday in our office, and then on the weekends we would drive out to Joshua Tree and start building. Since we started renting the property in late 2016, unique Airbnbs in Joshua Tree have grown in popularity. For people who're trying to do Airbnb in Joshua Tree now, it can be pretty hard to find something affordable.

☆ Southwest's unique routing system compounded and snowballed, says former Continental Airlines CEO
▼ + stars: | 2022-12-30 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSouthwest's unique routing system compounded and snowballed, says former Continental Airlines CEOGordon Bethune, former Continental Airlines chairman and CEO, joins 'Squawk on the Street' to discuss the Department of Transportation's ability to enforce airlines to reimburse travelers, how quickly Southwest can update the current system, and more.

At a news conference in Houston, Southwest spokesman Jay McVay said cancellations snowballed as storm systems moved across the country, leaving flight crews and planes out of place. In normal times, this can allow Southwest to operate more flights over a given 24-hour period than other carriers, said Scott Meyerowitz, executive editor of The Points Guy travel site. Casey Murray, president of the Southwest Airlines Pilots Association, said Southwest had not adequately prepared flights for the storm, which hampered ground transportation and maintenance vehicles. Adding to the difficulty: Large swaths of Southwest crews remain in contract negotiations with the carrier. Southwest Airlines did not immediately respond to questions about ongoing contract negotiations with its crews.

Budgeting coach Clarissa Moore knows firsthand how hard it is for other single moms to manage their finances. You should also adjust your budget on a regular basis and start small with savings. Here are five key pieces of budgeting advice Moore has for other single moms seeking to better manage their finances. Start small with your savingsMoore knows firsthand how many financial hurdles get in the way of single moms building real wealth. 4. Review your budget regularlyOnce you start budgeting and tracking your expenses, Moore says you'll begin to understand your spending patterns more clearly.

[1/2] FILE PHOTO: Larry Fink, Chairman and CEO of BlackRock, arrives at the DealBook Summit in New York City, U.S., November 30, 2022. The major prize Bluebell has so far scored was at Danone, where it helped oust a chief executive. By comparison, the average activist hedge fund was down 14% for 2022 in November, according to Hedge Fund Research data. BlackRock has also not responded to Bluebell's request to shake up its board and review its environmental, social, and corporate governance (ESG) strategy. Even if Bluebell does not win concessions from BlackRock, it has at least bet on a company that has performed well in the past.

☆ Hive Social has grown to 2 million users and shot to the top of the App Store since people started fleeing Twitter. It's run by a 24-year-old founder and 2 other employees.
▼ + stars: | 2022-11-22 | by ( Samantha Delouya | ) www.businessinsider.com time to read: +3 min

Some users searching for alternatives to Twitter have flocked to Hive Social. Elon Musk's frenzied management style and outlook on content moderation have some Twitter users hunting for alternatives to the social media giant. It's currently the top social app on Apple's App Store, surpassing even TikTok. She is a self-taught coder and had run the social media app with only one other employee until Friday, when a third developer joined the team. On Thursday, many new Hive Social users reported on Twitter that they were having trouble setting up their accounts.

☆ Cryptos attempt to steady as Binance-FTX deal chills market
▼ + stars: | 2022-11-09 | by ( ) www.reuters.com time to read: +2 min

Bitcoin , the biggest cryptocurrency by market value, was down 2% at $18,250, after a 10% plunge on Tuesday that marked its worst day since mid-August. The market focus was, however, on FTT , the token tied to FTX, whose financials have been the source of market angst since last week. Market participants were then stunned when Binance signed a nonbinding agreement on Tuesday to buy FTX's non-U.S. unit to help cover what it called a liquidity crunch. The deal between high-profile rivals Zhao and Sam Bankman-Fried, FTX's CEO, followed week-long speculation about FTX's financial health that snowballed into $6 billion of withdrawals in the 72 hours before Tuesday's deal. "Alameda is a big market maker in the defi market.

FTX token - which gives holders discounts on FTX trading fees - was last trading at $5.33, having slumped by more than three-quarters. Tuesday's developments left FTX investors scrambling to figure out what the deal with Binance means for their investment in FTX, according to people familiar with the matter. In late 2019, Binance invested in FTX, then a far smaller exchange, before exiting the investment in July last year. By then FTX had mushroomed into a growing rival to Binance, which dominates the crypto industry with over 120 million users. "A *huge* thank you to CZ, Binance," Bankman-Fried wrote.

☆ FTX approached crypto exchange OKX about deal before Binance agreed to possible takeover
▼ + stars: | 2022-11-09 | by ( Hannah Lang | ) www.reuters.com time to read: +1 min

[1/3] FTX logo is seen in this illustration taken, November 8, 2022. REUTERS/Dado Ruvic/IllustrationNov 9 (Reuters) - FTX CEO Sam Bankman-Fried approached cryptocurrency exchange OKX Monday morning about a deal before he announced Tuesday that Binance had signed a nonbinding agreement to acquire FTX in the face of an apparent liquidity crunch, an OKX spokesperson said. The pressure on FTX came in part from Zhao, who had tweeted on Sunday that Binance would liquidate its holdings of the rival's token, called FTT, due to unspecified "recent revelations." OKX leadership encouraged Bankman-Fried to “work things out with CZ,” arguing that it would be better if CZ agreed not to sell Binance’s FTT holdings “instead of making a monopolistic sale,” the spokesperson added. Neither OKX or its sister exchange OKCoin, which is available to U.S. customers, had any exposure to FTX or Bankman-Fried's crypto trading firm Alameda Research.

A representative for FTX did not immediately respond to requests for comment on the deal or the SEC investigation. FTX and Binance did not disclose the terms of their agreement, and markets face fresh uncertainty over whether it will proceed. REUTERS/Dado Ruvic/Illustration 1 2Prior to the Binance proposed deal, Bankman-Fried approached cryptocurrency exchange OKX on Monday morning about a deal, but the exchange declined to move forward. "It has been a truly a devastating year for the industry," said Ryan Wong, a senior researcher at crypto exchange Huobi. "This could be a major source of risk to crypto markets," Lai wrote.

☆ Iran Unrest Grows as Mourners Mark Deaths of Protest Victims
▼ + stars: | 2022-11-03 | by ( Aresu Eqbali | Benoit Faucon | ) www.wsj.com time to read: 1 min

Several mourning ceremonies for Iranians who died in recent protests snowballed into large demonstrations on Thursday, adding fresh momentum to a monthslong antigovernment movement that has swept across the Islamic Republic. Security forces have responded with lethal force against the protests, which were ignited by the death on Sept. 16 of 22-year-old Mahsa Amini in the custody of Iran’s morality police, who had detained her for allegedly violating the country’s strict Islamic dress code. More than 200 people have died since the protests began and hundreds more injured, rights groups say.

Fontes, a Marine and former Maricopa County elections administrator, is running for the job that oversees elections in Arizona. His opponent is Republican state legislator Mark Finchem, a 2020 election denier and self-identified member of the far-right militia group Oath Keepers. There are several Latino Republican candidates who are election deniers, too, such as Anna Paulina Luna, a Republican running for election to the U.S. House to represent Florida’s 13th District. 'Our community is demonized'Election denialism is still “overwhelmingly concentrated among non-Hispanic whites," said Francisco Pedraza, an associate director at Arizona State University's Center for Latinas/os and American Politics Research. In 2020, Latino voters helped Joe Biden win the state.

☆ German prosecutors search Deutsche Bank HQ in cum-ex probe
▼ + stars: | 2022-10-18 | by ( ) www.reuters.com time to read: +2 min

The headquarters of Germany's Deutsche Bank are pictured in Frankfurt, Germany, September 21, 2020. REUTERS/Ralph Orlowski/FilesBERLIN, Oct 18 (Reuters) - German prosecutors have searched the headquarters of Deutsche Bank (DBKGn.DE) in connection with an ongoing investigation of the multibillion-euro tax fraud scheme known as "cum-ex", Deutsche Bank said on Tuesday. Deutsche is one of many banks that prosecutors have searched in connection with the tax scheme that thrived more than a decade ago. Germany's largest lender, under Chief Executive Christian Sewing, has been trying to clean up the bank's reputation since he assumed the helm in 2018. Reuters has reported Deutsche Bank’s involvement in the scheme between 2006 and 2011, when bankers discussed the "reputation risks" of the matter.

☆ I'm an Upper West Side personal trainer who charges $140 an hour. I make my own hours and love my flexible schedule — here's what my days are like.
▼ + stars: | 2022-10-05 | by ( Gabriela De Camargo Gonçalves | ) www.businessinsider.com time to read: +5 min

Penny Smart is a personal trainer who owns a gym on the Upper West Side of Manhattan, New York. The current location of Dakota Personal Training and Pilates, which is my third gym, is very near Central Park on the Upper West Side. Number two would be to start at a commercial gym because that's where you could gain experience and get referrals. I'd only been on staff as a trainer for one year at a commercial gym before I became an independent trainer. From that point on I rented space at the training gym that I eventually bought from the owner.

☆ I started my business after struggling to sell my best watch as a cash-strapped student. Now, I resell luxury watches worth up to $7.6 million.
▼ + stars: | 2021-11-10 | by ( Kiera Fields | ) www.businessinsider.com time to read: +7 min

Silas Walton struggled to sell his watch as a student when he was strapped for cash. It sparked the idea of an online watch resellerI wanted to offer a smooth system for clients buying and selling via the platform. Coincidentally, a friend of my family happened to sell watches. I wanted to pitch him my idea, but I decided to pitch it to an online watch forum first. Six years ago, if you bought independent watches, you were expected to lose money.

Our experts answer readers' credit card questions and write unbiased product reviews (here's how we assess credit cards). I racked up some credit card debt when I had a good job. I tried to work out a plan, but the credit card companies refused. I took out a $10,000 low-interest personal loan to consolidate my credit card debt with monthly payments of $250. At one point, credit card companies were hounding me for $1,100 per month after late fees and interest.

Persons: —, I've, she'd, Joshua Tree, I'm, Mexico — Organizations: Service, didn't Locations: New York City, Mexico, Brooklyn, splurged

Search resuls for: "snowballed"

20 mentions found