DIRS.INFO The most relevant business & tech news

☆ Here are Thursday's biggest analyst calls: Apple, Dell, Super Micro, ServiceNow, Ford, CrowdStrike
▼ + stars: | 2024-07-25 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Here are Thursday's biggest calls on Wall Street: Bank of America reiterates IBM as buy Bank of America said the "portfolio is delivering" despite the company's mixed earnings report on Wednesday. Morgan Stanley reiterates Ford as overweight Morgan Stanley said it's sticking with Ford as a top pick following earnings on Wednesday. Bank of America reiterates CrowdStrike as buy Bank of America lowered its price target to $365 per share from $400 but said it's sticking with the stock. Barclays reiterates Super Micro Computer as overweight Barclays said it's sticking with its overweight rating heading into earnings in early August. " Bank of America reiterates Birkenstock as buy Bank of America said the stock "warrants a higher multiple."

Persons: Mizuho, ServiceNow, Morgan Stanley, Ford, KeyBanc, Baird, AAPL, Price, LULU, Goldman Sachs, Dell, Goldman, Roper, CBRE, it's, CrowdStrike, Susquehanna, Bank of America downgrades Lamb Weston, Lamb Weston, Chipotle, Piper Sandler, Marvell, Piper, Birkenstock Organizations: Bank of America, IBM, Infrastructure, Consulting, Mizuho, Software, Ford, Apple, BMO, Citi, Dell, DELL, Roper Technologies, " Bank of America, Meta, AMD, SOX, JPMorgan, GE, Deutsche Bank, Deutsche, Barclays, AMC, Sirius XM, Davidson, Polaris

☆ Opinion | JD Vance’s ‘Cat Ladies’ Riff Has Serious ‘Handmaid’s Tale’ Vibes
▼ + stars: | 2024-07-25 | by ( Paul Krugman | ) www.nytimes.com time to read: +1 min

You may have heard about JD Vance’s “childless cat ladies” riff. It’s a statement, as my colleague Jessica Grose writes, that shows the desperation of Republicans who are still “clinging to the tag line that the G.O.P. It’s the kind of comment that makes you wonder if Vance thinks that he has been nominated by the Republican Party to serve as the vice president of the Republic of Gilead. Sorry — yes — Vance knows that our nation is still called the United States of America. But there’s a real “Handmaid’s Tale” vibe to a lot of what we’re hearing from the right.

Persons: JD Vance’s, Vance, they’ve, Kamala Harris, It’s, Jessica Grose, — Vance Organizations: Senate, Republican Party Locations: America, Republic of, United States of America

☆ USWNT 3-0 Zambia takeaways: Rodman and two-goal Swanson ensure Olympics start with a win
▼ + stars: | 2024-07-25 | by ( Jeff Rueter | Steph Yang | ) www.nytimes.com time to read: +11 min

It was a well-deserved opening after the U.S. had hammered at Zambia’s goal for 15 minutes straight, including two attempts off the crossbar and a first-minute toe-poke from Lindsey Horan that went just wide. 🤯 📺 USA Network & Peacock | #ParisOlympics pic.twitter.com/Dnx2xioNTC — NBC Olympics & Paralympics (@NBCOlympics) July 25, 2024Following Trinity Rodman’s opening goal, Zambia’s defense was caught in two minds. The additional open terrain catered to the dynamic forward line of Swanson, Smith and Rodman, as the trio weaved about to find pockets to exploit. After the game, Hayes said the decision was down to mitigating risks. (Photo by John Todd, Getty Images)A more expected, but very intriguing, change came in the 65th minute with Rodman, Swanson and Horan out for Casey Krueger, Nighswonger and Emily Sonnett.

Persons: Lindsey Horan, Trinity Rodman, Mallory Swanson, Emma Hayes, Zambia’s Pauline Zulu, Hayes, Sophia Smith, Rose Lavelle, Jeff Rueter, Steph Yang, Horan, Rodman, Swanson’s, Steph Yang Mal’s, Swanson, Emma Hayes ’, MALLORY SWANSON, S. Organizations: U.S, women’s, Zambia, Germany, Olympic Games, Australia, Chicago Red Stars, Olympics Locations: Nice, The U.S, Marseille, bamboozle, Republic of Ireland

☆ Who will light the Olympic cauldron? Here are 10 potential candidates
▼ + stars: | 2024-07-25 | by ( Mark Puleo | ) www.nytimes.com time to read: +7 min

The lighting of the Olympic cauldron is a spectacle steeped in both tradition and secrecy. With just one day until the opening ceremony, the identity of the individual who will light the cauldron remains unknown. The 25-year-old led France to 2018 World Cup triumph, becoming the second teenager in history (after Pelé) to score in a final, then led France to another World Cup final in 2022. He was the team’s leading scorer during its 1998 World Cup title run and later transitioned to coaching after retirement. AdvertisementTony ParkerTony Parker had his number retired before a French Olympic tuneup game earlier this month.

Persons: Tony Estanguet, —, Marie, José Pérec Marie, José Pérec, Loup Gautreau, Pérec, Estanguet, Zinedine Zidane, Ballon, Zidane, headbutting Italy’s Marco Materazzi, Kylian, Mbappé, Real Madrid Omar Sy, Sy, Lupin, Haakon, Chung Sun, Emmanuel Macron, Macron, Thierry Henry Thierry Henry, Nicolas Tucat, Henry, Victor Wembanyama, Thomas Pesquet, Pesquest, Martin Fourcade Fourcade, Tony Parker Tony Parker, Maxime Gruss, Tony Parker, Star, Joel Embiid, Jean, Pierre Siutat, Athletic Embiid, Embiid, “, Weis, Naomi Osaka, Yuna Kim, Cordeiro de, Vladislav Tretiak, Wayne Gretzky, Steve Nash, Christian Petersen Organizations: Getty, Summer Games, headbutting, Real Madrid, Games, Globe, French, Arsenal, France, France’s U21, Space, Getty Images, San Antonio Spurs, NBA, FIBA, French Federation of Basketball, Athletic, Philadelphia 76ers, Blues, spurning Locations: Paris, France, AFP, Barcelona, Atlanta, Guadeloupe, Norway, South Korea, Pyeongchang, United States, French, Cameroon, spurning France, Tokyo, Rio de Janeiro, Cordeiro de Lima, Sochi, London, Vancouver

☆ It may already be too late for the Fed to stop a recession, former central bank president says
▼ + stars: | 2024-07-25 | by ( Filip De Mott | ) www.businessinsider.com time to read: +4 min

"Although it might already be too late to fend off a recession by cutting rates, dawdling now unnecessarily increases the risk," the former New York Federal Reserve President said. But to Dudley, even this is too late, and central bankers would do better to pivot rates at next week's policy meeting. AdvertisementAccording to Dudley, this slowdown points to fewer jobs down the road, and an uptick in unemployment could set off a near-certain recession indicator: the Sahm Rule. Despite this, Dudley suggested that the Fed might not be as concerned about breaching the Sahm Rule as it should be. According to Dudley, there are two other reasons the Fed may be waiting for September to cut rates.

Persons: —, Bill Dudley, dawdling, Dudley, Jerome Powell, Claudia Sahm, I'm Organizations: Service, Bloomberg, New York Federal, Business, Fed Locations: Dudley

☆ Typhoon Gaemi (Carina): Thousands stranded by floods in Philippine capital as deadly typhoon prompts calls for climate action
▼ + stars: | 2024-07-25 | by ( Helen Regan | Kathleen Magramo | ) edition.cnn.com time to read: +9 min

CNN —Much of the Philippine capital remained underwater Thursday after deadly Typhoon Gaemi worsened torrential monsoon rains that lashed the country, trapping thousands of people in rising flood waters and causing widespread damage. Lisa Marie David/ReutersA road is seen flooded caused by Typhoon Gaemi and monsoon rains on July 24, 2024 in Quezon city, Metro Manila, Philippines. Ezra Acayan/Getty ImagesRescuers evacuate residents from their flooded homes on July 24, 2024 in Quezon city, Metro Manila, Philippines. An aerial view shows Xindian river's rising water level at New Taipei City as typhoon Gaemi passes Taiwan on July 25, 2024. Residents wade a flooded road caused by Typhoon Gaemi and monsoon rains on July 24, 2024 in Marikina, Metro Manila, Philippines.

Persons: Carina –, Gaemi, Typhoon Gaemi, Lisa Marie David, Ezra Acayan, “, Hsiao Huan, Sam Yeh, Armando Balilo, Vico Sotto, Ferdinand Marcos Jr, Rai, Odette –, Haiyan, Marcos, ” Marcos, Khevin Yu Organizations: CNN, Metro Manila, Philippine News Agency, Rescuers, Reuters, Central Emergency Operations Center, National Fire Agency, New, Getty, Philippine Coast Guard, PCG, CNN “, Philippine, Super, Greenpeace Locations: Philippine, Philippines, Taiwan, Manila, Luzon, Metro, Marikina City, Metro Manila, Quezon city, Taiwan’s, Tanzanian, Kaohsiung, China, Fujian, New Taipei City, AFP, Bataan, Quezon City, Pasig City, Marikina, –, Pasig, Asia’s, Greenpeace Philippines

☆ The USWNT kicks off in France as a team in transition – and one that’s looking to make a point
▼ + stars: | 2024-07-25 | by ( Kyle Feldscher | ) edition.cnn.com time to read: +9 min

“We want to make this environment comfortable, but also know, you know, what the standard is – you’re here for a reason,” said Lindsey Horan, the midfielder who serves as the team’s captain. And we want to get back to being the best in the world.”“So, we need those players. It was arguably Hayes’ first tough decision as the manager of the women’s team after coming on board in late 2023 following a successful decade-plus at Chelsea FC in London. Even still, she is finding it easier than anticipated to get her team to come together. I cannot finish the ball for players, but I can certainly coach to put players in positions.”

Persons: Emma Hayes, ”, Lindsey Horan, “, that’s, Sophia Smith, Trinity Rodman, Rose Lavelle, Alyssa Naeher, Hayes, Alex Morgan, Hayes ’, “ I’ve, Sam Coffey, Coffey, It’s, – Hayes, ” Hayes, It’ll, Mallory Swanson, who’s, Swanson, ” Swanson, it’s, Morgan, Smith, Rodman, Horan, –, Carli Lloyd, Abby Wambach, Mia Hamm, I’m Organizations: Paris CNN —, US, National Team, Costa, Paris Games, Zambia, Stade de Nice, Chelsea FC, US women’s, USA, American, flailing Locations: Washington , DC, Costa Rica, France, Tokyo, Australia, New Zealand, Nice, London, Zambia

☆ Wildfires across western U.S. and Canada force thousands to evacuate
▼ + stars: | 2024-07-25 | by ( Marlene Lenthang | ) www.cnbc.com time to read: +2 min

The wildfire shut down the main highway to Yosemite National Park as red flag fire warnings and high temperatures continue throughout the state. Wildfires are blazing across western U.S. and Canada, prompting thousands to evacuate, shutting down highways and fouling the air quality over several states. In the U.S., wildfires are raging in Oregon, California and Washington, illuminating skies with bright orange flames and haze. In California, the Apache fire sparked Tuesday evening near Highway 33 and Apache Canyon Road in Ventura County in the Los Padres National Forest. The blaze, estimated to be 250 acres, led the county to order evacuations for residences on Apache Canyon Road, local fire officials said.

Persons: There's Organizations: Yosemite National, Baker City, state's Department of Transportation, NBC, Associated Press, Apache, Los Padres National Forest Locations: Mariposa , California, Yosemite, U.S, Canada, Oregon , California, Washington, Oregon, Ontario, Baker, Malheur, Cow, Huntington, Boise , Idaho, Naches, Bickelton, California, Ventura County

☆ It's the end of budget airlines as we know them
▼ + stars: | 2024-07-25 | by ( Taylor Rains | Pete Syme | ) www.businessinsider.com time to read: +5 min

Read previewBudget airlines are upending many of their original business plans as increased costs wreak havoc on their bottom lines. On Thursday, Southwest Airlines announced the end of its open seating policy, a 50-year practice of letting passengers choose their seats based on their boarding order instead of having one pre-assigned. Budget flying has been moving in this direction for yearsThe industry's sea change has left budget carriers scrambling to increase revenue without turning away customers, prompting major policy changes. Other budget airlines have been similarly evolving their business models in recent years. Frontier Airlines and Spirit Airlines, for example, ditched most cancellation and change fees for ticket holders.

Persons: —, Savanthi, Raymond James, Henry Harteveldt, Scott Kirby, Bob Jordan, Jordan, I'm Organizations: Service, Southwest Airlines, Business, Frontier Airlines, Spirit Airlines, JetBlue, Spirit, United Airlines, CNBC Locations: Southwest

☆ Southwest Airlines is getting rid of open seating
▼ + stars: | 2024-07-25 | by ( Chris Isidore | ) edition.cnn.com time to read: +4 min

Southwest said customers were clamoring for these changes – when people switch to a competitor from Southwest, the company said the No. But the change will also help the company charge some passengers more for their tickets. “The research is clear and indicates that 80% of Southwest customers, and 86% of potential customers, prefer an assigned seat,” said the airline in a statement. Southwest doesn’t charge for carry on bags and has long allowed passengers to check two bags for free. The premium seats, which will offer more legroom, will not be available until 2025 as it will require reconfiguring its planes.

Persons: ”, Max Organizations: New, New York CNN, Southwest, United, Delta, Boeing Locations: New York, Southwest, Delta

☆ Largest active wildfire in the US burns in Oregon, forcing evacuations and creating its own weather
▼ + stars: | 2024-07-25 | by ( Dalia Faheid | Robert Shackelford | ) edition.cnn.com time to read: +3 min

CNN —A lightning-sparked wildfire raging in eastern Oregon has scorched nearly 270,000 acres, making it the largest active wildfire in the United States. The massive blaze is the largest of 31 large wildfires currently burning across Oregon, which has been the hardest hit by fires in recent days. Over the weekend and earlier this week, the Durkee Fire exhibited extreme fire behavior, even creating it’s own weather in the form of pyrocumulus clouds. Wildfire smoke, including from the Durkee Fire in Oregon, was spreading into Boise and beyond. A cold front has moved through the area Thursday morning, bringing high temperatures to the 80s on Thursday, according to the National Weather Service.

Persons: Indianapolis –, Tina Kotek, ” Kotek, Sarah Sherman, Patrick Nauman, ” Nauman Organizations: CNN, Oregon -, Nationwide, National Interagency Fire Center . Oregon Gov, National Guard, Oregon Department of Emergency Management, Land Management, Oregon State Fire, Weiser, Associated Press, National Weather Service Locations: Oregon, United States, Indianapolis, Oregon - Idaho, Eastern Oregon, Malheur County, Baker, Boise, Colorado , Idaho , Oregon, Washington, Weiser , Idaho

☆ Remember when Taylor Swift wore drag in ‘The Man’ music video
▼ + stars: | 2024-07-25 | by ( Caitlin Chatterton | ) edition.cnn.com time to read: +12 min

Ethan Miller/TAS23/Getty Images Swift performs "Lover" with her band, backup singers and dancers in Nashville, Tennessee, in May 2023. John Shearer/TAS23/Getty Images Swift performs in Glendale, Arizona, during the opening weekend of "The Eras Tour" in March 2023. John Shearer/TAS23/Getty Images Swift sings "I Can Do It With a Broken Heart" in Paris in May 2024. Allen J. Schaben/Los Angeles Times/Getty Images Swift performs the 10-minute version of "All Too Well" in Nashville in May 2023. John Shearer/TAS23/Getty Images Swift leaves the stage after the "Speak Now" set in Nashville in May 2023.

Persons: He’s, it’s Taylor Swift, Swift, ”, Taylor —, “ Tyler ”, Tyler, Taylor, Swift's Versace, Peter Kelleher, that’s, “ Taylor Swift, Bahama, ” Kate Bailey, Versace, Queen, Mariah Carey, Lady Gaga, Jo Calderone, Zayn Malik, Troye Sivan, Taylor Swift, Kevin Mazur, Natasha, Ethan Miller, John Shearer, Kevin Winter, Benjamin B, Braun, Jutharat, Phoebe Bridgers, Bridgers, Raymond James, Zack Wittman, Hector Vivas, Gareth Cattermole, Don Arnold, TAS24, Rachel Wisniewski, Terence Rushin, Travis Kelce, Haim, Jeff Kravitz, Erin Clark, Sarah Yenesel, Sabrina Carpenter, William West, Christopher Polk, Bob Levey, TAS23, Allen J, ” Swift, Biden Organizations: CNN, MTV, Victoria, Albert Museum, Little, Swift City, Pittsburgh, MetLife Stadium, New York Times, Department, Lincoln Financial, Washington Post, Ticketmaster, Boston Globe, Getty, Penske Media, Los Angeles Times Locations: London, East Rutherford , New Jersey, Chicago, Las Vegas, Nashville , Tennessee, Glendale , Arizona, Glendale, Swift, Los Angeles, Pittsburgh, East Rutherford, Paris, Nashville, Tampa , Florida, Mexico City, Edinburgh, Scotland, Sydney, Philadelphia, Atlanta, Santa Clara , California, Foxborough , Massachusetts, Kansas City , Missouri, Coney, Melbourne, AFP, Lyon, France, Houston, Inglewood , California, Cincinnati

☆ Tesla tanks 13% after earnings, dragging other EV stocks lower
▼ + stars: | 2024-07-24 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

Tesla's stock dropped as much as 13% on Wednesday after reporting weak second-quarter earnings. AdvertisementTesla stock tumbled as much as 13% on Wednesday after the company's second-quarter results offered limited reassurance to eager investors. It marked the fourth straight quarter Tesla has fallen short of analyst forecasts. The taxi's unveiling, seen by many on Wall Street as a major AI-driven catalyst for Tesla, was originally scheduled for next month. "Tesla's muddling through the EV recession," Morgan Stanley analyst Adam Jones wrote, citing a quarter-over-quarter drop in capital expenditures.

Persons: Tesla, —, Elon Musk, Morgan Stanley, Adam Jones, Nikola, Dan Levy, Tesla's, Cantor Fitzgerald, Andres Sheppard, Gene Munster, Dan Ives, Sheppard Organizations: Service, EV, General Motors, Buick, Barclays, Deepwater Asset Management, Wedbush Securities, Tesla

☆ Major players in U.S. supply chain seek new approach to shipping legislation
▼ + stars: | 2024-07-24 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +4 min

Labor unions, maritime shipping interests and other supply chain businesses have formed a new trade group to push for more domestic infrastructure investment to safeguard the supply chain. "We are bringing the links of the supply chain together," said Josh Wood, CEO of the Supply Chain Council. "We will be championing legislation to strengthen supply chain resiliency and jobs." Wood said that before Covid, supply chain segments were most often viewed independently, and the need to focus on interconnectedness of freight segments has continued to increased with the supply chain experiencing major headwinds. One of the contentious aspects of a strong supply chain is the introduction of automation.

Persons: Johnson, Josh Wood, Wood, There's, Steven Hussain, Hussain, Josh LaFarga, LaFarga, It's, Harold J, Daggett Organizations: Labor, Chain Council, Johnson Controls, Northern Rail Company, SSA Marine, International Union of, Pacific Merchant Shipping Association, Prologis, Community Relations, CNBC, Southern, Workers, Longshoremen's Association, Gulf Ports, United States Maritime Alliance Locations: Prologis, International Union of North America, Panama, Southern California, East Coast, Gulf, United States

☆ Gigi Hadid’s midriff baring triangle top revives a 2000s classic
▼ + stars: | 2024-07-24 | by ( Jacqui Palumbo | ) edition.cnn.com time to read: +4 min

Famously worn by Beyoncé and Jennifer Aniston, the triangle top was inherently Brat two decades before “Brat girl summer” was officially coined. The triangle spawned offshoots too — its sister, the scarf top, was suggestively tied into a bra by Christina Aguilera. Gigi Hadid, on the red (and yellow) "Deadpool and Wolverine" carpet with friend Blake Lively, who wore a red catsuit with lace embellishment by Versace. Emily Ratajowski, Bella Hadid and Sydney Sweeney have all worn variations on the style, with Kylie Jenner repping the same Miu Miu top and skirt set as Hadid’s in black last month. Though triangle tops are meant to seem easy and breezy, they can be a nuisance for small and large breasts alike; they’re also impractical anywhere there’s wind or an air conditioner.

Persons: Gigi Hadid, Beyoncé, Jennifer Aniston, ”, suggestively, Christina Aguilera, Blake Lively, Versace, Erik Pendzich, Hadid, Miu, Emily Ratajowski, Bella Hadid, Sydney Sweeney, Kylie Jenner repping, Miu Miu, Kendall Jenner, Ryan Reynolds, Hugh Jackman, Lively, Andrew H, Walker, Shutterstock, Lively’s, —, Reynolds, Jackman Organizations: CNN Locations: New York, Milan, lacy, Hadid

☆ A 'peak boomer' working in Germany plans to retire in the US because he believes the healthcare is better
▼ + stars: | 2024-07-24 | by ( John Towfighi | ) www.businessinsider.com time to read: +6 min

Read previewAfter a decade of working abroad, George said he'll return to the US to retire. While he said the healthcare system is great on average, it's becoming more difficult to manage the bureaucracy of insurance filings as an American abroad. "You can pretty much get anywhere by train or bus within Germany," George said. Before he retires to the US, he said he'll try to appreciate all the perks of living abroad. Are you an American living or working abroad and considering retiring in the US?

Persons: —, George, he'll, George hasn't, he's, Munich George Organizations: Service, Alliance, Lifetime, Income, Social Security, Business Locations: American, Munich, Seattle, Medicare, Germany, Philippines, America, Europe, Saudi Arabia, Italy, Ukraine, New York, Chicago, Mallorca, Sicily, Dubai

☆ U.S. Olympian cheat sheet: Top athletes to watch in Paris beyond the best-known stars
▼ + stars: | 2024-07-24 | by ( Alex Andrejev | ) www.nytimes.com time to read: +20 min

He won gold at the 2023 Pan American Games in Santiago, Chile, to qualify for the Paris Olympics. Judo — Maria LabordeLaborde, 33, is the highest-ranked U.S. judoka qualified for the Paris Games — at No. He won gold at the 2023 Pan American Games and qualified in speed climbing for the Paris Games, his first Olympics. Carissa Moore participates in a training session ahead of the Paris Olympics this week in Teahupo’o, French Polynesia. Knibb obtained quotas in both triathlon and road cycling for the Paris Games, which will make her a rare multi-sport Olympian.

Persons: Simone Biles, Katie Ledecky, LeBron James, Barry, Kareem Maddox, Dylan Travis, Dearica Hamby, Rhyne Howard, Cierra Burdick, Hailey Van Lith, Casey Kaufhold, Kaufhold, she’s, Luann Ryon, Dean Alberga, Anita Alvarez Alvarez, Alvarez, Andrea Fuentes, Fuentes, Beiwen Zhang Zhang, She’s, Zhang, Kelly Cheng Cheng, nee Claes, Sarah Sponcil, Cheng, Sara Hughes, They’re, Brazil’s Ana Patricia Silva Ramos, Eduarda “ Duda ” Santos, United States ’ Taryn Kloth, Kristen Nuss, Jahmal Harvey Harvey, USA’s, Harvey, — Victor Montalvo Montalvo, Montalvo, Boy Victor, ”, Paris Victor Montalvo, He’ll, Kenzo Tribouillard, — Nevin Harrison Harrison, Casey Eichfeld, Jennifer Valente Valente, Valente, Andrew Capobianco Capobianco, Michael Hixon, Capobianco, Carson Tyler, Mike Ruiz, Delaney Schnell, Jessica Parratto, — McLain Ward Ward, Ward, Sapphire, — Lee Kiefer Kiefer, Gerek Meinhardt, Lee Kiefer, Matthias Hangst, Amanda Golini, Ashley Hoffman, Golini, Hoffman, — Maria Laborde Laborde, Laborde, Jess Davis Davis, Meghan Musnicki, Lisa Schlenker’s, Musnicki, Kevon Williams Williams, Williams —, Houston —, Kevon Williams, Yong Teck Lim, Daniela Moroz Moroz, Moroz —, —, — Vincent Hancock Hancock, he’s, Al Oerter, Carl Lewis, Michael Phelps, TeamUSA.com, Jagger Eaton Eaton, Tom Schaar, Eaton, Sam Watson Watson, Carissa Moore Moore, Moore, Carissa Moore, Jerome Brouilett, Lily Zhang It’s, China, — CJ Nickolas Nickolas, Jessica Stevens, — Taylor Knibb Knibb, Knibb, — Jordan Larson Larson, Toru Hanai, Maggie Steffens Steffens, Steffens, Flav, Olivia Reeves Reeves, Reeves, — Aaron Brooks, Brooks, David Taylor, Spencer Lee, Lee, Iran’s Hassan Yazdani, Aaron Brooks, Fabrice Coffrini Organizations: Paris Olympics, Olympic, Paris Games, BYU, Games, Tokyo Games, Getty, Badminton, USA, USC, Trojans, Eduarda “ Duda ” Santos Lisboa, United, U.S, Pan American, USA Boxing, Red Bull, Paris, Madison, U.S . Olympic, Tokyo, Athens Games, Beijing, University of Kentucky, FIH, Team USA, Pan American Games, NBC Sports, Rio, Rugby, rugby, Olympics, Fiji, New Zealand, HSBC SVNS Singapore, USA.com, Los Angeles Games, X, —, Tokyo Olympics, Nebraska, Sydney Games, Beijing Games, Brazil, Team USA’s Locations: Paris, Tokyo, U.S, women’s recurve, Berlin, Russia, Ukraine, Budapest, Barcelona, China, Indonesia, Mexico, United States, Santiago , Chile, Belgrade, Serbia, Florida, AFP, Rio, Japan, Athens, Ranchi, India, Germany, Lima , Peru, Cuba, London, Houston, Wujiang, Hawaii, Teahupo’o, French Polynesia, Beijing, Penn

☆ Men’s basketball at the 2024 Paris Olympics: NBA player list, how to watch and Team USA’s top threats
▼ + stars: | 2024-07-24 | by ( Mike Prada | ) www.nytimes.com time to read: +16 min

The 2024 men’s Olympic basketball tournament at the Paris Games is overflowing with star power — and not just from Team USA. Even South Sudan, the lowest-ranked team in the tournament, proved its mettle by nearly upsetting Team USA in a tune-up matchup last weekend. White was a member of the 2019 FIBA World Cup team, while Edwards and Haliburton made their debuts at the 2023 FIBA World Cup. Twenty-seven of the 30 NBA teams will have at least one player participating in this tournament. Can Team USA do it again in 2024?

Persons: Seth, Giannis Antetokounmpo’s, LeBron James, Stephen Curry, Nikola Jokić, Team USA’s, Pierre Mauroy, It’s, James, Joel Embiid, Joel, Grant Hill, Curry, Embiid, Kevin Durant, Anthony Davis, Jayson Tatum, Kawhi Leonard, Anthony Edwards, Devin Booker, Bam Adebayo, Tyrese Haliburton, Leonard, Boston Celtics ’ Derrick White, Durant, Haliburton, Tatum, Holiday, Booker, Adebayo, Embiid Curry, Tatum James, Edwards Booker, Edwards, Davis, Jordi Fernandez, Shai Gilgeous, Alexander, he’s, Jamal Murray, Dillon Brooks, RJ Barrett, Zach Edey, Dwight Powell, Kelly Olynyk, Victor Wembanyama, Wembanyama, Rudy Gobert, Bogdan Bogdanović, They’ll, Dennis Schröder, Franz Wagner, Antetokounmpo, Patty Mills, Joe Ingles, Matthew Dellavedova, Josh Giddey, Josh Green, Dyson Daniels, — Rudy Fernández, Willy Hernangomez, Santi Aldama, we’re, Bruno Caboclo, ESPN’s Fran Fraschilla, Jose Alvarado —, Rui Hachimura, Luol Deng, Dante Exum, Jock Landale, Duop, Gui Santos, Luguentz Dort, Andrew Nembhard, Nickeil Alexander, Walker, Trey Lyles, Evan Fournier, Nicolas Batum, Bilal Coulibaly, Mo Wagner, Daniel Theis, Giannis Antetokounmpo, Jose Alvarado, Nikola Jović, Vasilije Micić, JT Thor, Usman Garuba, ’, We’ll, Giuseppe Cacace Organizations: Paris Games, Paris, Team USA, Luka Dončić’s, France, Germany, USA, Australia, CNBC, Team, Serbia, Pierre, Bercy Arena, NBA, NBC, South, Telemundo, Universo, The Philadelphia 76ers, U.S, USA Basketball, Tyrese, Boston Celtics, Embiid, BetMGM, Brooklyn Nets, Jordi Fernandez . Oklahoma City Thunder, Denver Nuggets, Houston Rockets, Toronto Raptors, Grizzlies, San Antonio Spurs, Minnesota Timberwolves, Atlanta Hawks, FIBA, Veteran NBA, Orlando Magic, Bahamas, New Orleans Pelicans, Los Angeles Lakers, Cleveland Cavaliers, Utah Jazz, New York Knicks, Timberwolves, Blazers, Mavericks, Spurs, Pistons, Tominaga, Pelicans, Olympic Locations: Giannis Antetokounmpo’s Greece, Luka Dončić’s Slovenia, London, Abu Dhabi, U.S, Canada, Serbia, South Sudan, Spain, Lille, France, Paris, Australia, Spain Germany, Japan France, Brazil Greece, Sudan, Puerto Rico Serbia, Greece Canada, Australia Japan, France Brazil, Germany, Puerto Rico, Serbia USA, Japan, Brazil Australia, Spain France, USA Serbia, USA, Greece, Brazil, Cameroon, Edwards, Tokyo, Haliburton, Holiday, Jordi Fernandez ., Nigeria, Valencia, ” Puerto Rico, Tremont Waters, . Puerto Rico

☆ The bond market is on watch for a Trump win. What it'll mean for the deficit, inflation, and yields.
▼ + stars: | 2024-07-24 | by ( Laila Maidan | ) www.businessinsider.com time to read: +7 min

AdvertisementThe chart below shows a Trump lead based on how users are betting money on an outcome on Predictit's platform. So there's not really any change to tax policy and Trump has been looking to cut taxes further on companies and potentially on individuals as well." AdvertisementInflationWhere inflation is concerned, under a second Trump administration, expect a 10% import tariff on all goods. BondsAdvertisementExpectations for increased deficits, higher inflation, and slower growth have put upward pressure on interest rates over the last few weeks, Goldberg noted. And going forward, it's going to continue to put downward pressure on bond prices and upward pressure on yields, he added.

Persons: We've, Gennadiy Goldberg, Kamala Harris, — Goldberg, Goldberg, there's, Trump, Trump's, it's, Donald Trump Organizations: Service, TD Securities, Business, Republican, Trump, Predictit, Republican House, Democratic, Republicans, Peterson Institute for International Economics, Pew Research Center Trump, Washington, Federal Reserve, Investors Locations: Washington, Mexico, Canada

☆ Beefed-Up Olympics Security Thins Out Tourists, Squeezing Merchants
▼ + stars: | 2024-07-24 | by ( Liz Alderman | ) www.nytimes.com time to read: +1 min

But with the opening ceremony of the 2024 Paris Olympics just days away, the crowds have thinned to a trickle. “It’s a catastrophe,” said Mr. Pierret, surveying his near-empty terrace. Before him, thousands of brightly colored bleacher seats lined the quays of the Seine, which are now cordoned off. The river flowed by quietly — devoid of traffic — a scene reminiscent of Covid lockdowns. “The Olympics were supposed to be great for business,” Mr. Pierret said.

Persons: Fabrice Pierret, Le, Louis, ”, “, ” Mr, Pierret, we’re Organizations: Olympics Locations: Seine

☆ Red Lobster may soon have a new owner
▼ + stars: | 2024-07-24 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +2 min

New York CNN —Two months after filing for bankruptcy, Red Lobster is close to emerging with a new owner. Fortress is one of Red Lobster’s largest lenders and has financed the restaurant chain’s operations, including a new $100 million loan that allowed Red Lobster to stay afloat during its bankruptcy proceedings. Red Lobster has closed around 100 restaurants in recent months and has said it wants to close several dozen more locations. Mismanagement, competition, inflation and other factors brought down Red Lobster, which has been a pioneer in the restaurant industry. Red Lobster cut costs, removed longtime suppliers and implemented strategies that backfired, such as making $20 endless shrimp a permanent menu item.

Persons: Krystal, Logan’s Organizations: New, New York CNN, Fortress Credit Corp, Thai Union’s, CNN, Thai Union, Union Locations: New York, Thai Union, Thai

☆ The new wave of pop stars who are getting young voters tuned into the 2024 election
▼ + stars: | 2024-07-24 | by ( Elizabeth Wagmeister | Lisa Respers France | ) edition.cnn.com time to read: +8 min

That’s the sound of a wave of young pop artists powering Vice President Kamala Harris on TikTok. While Roan has not yet endorsed a candidate in the race for the White House, galvanizing her fans through her music may pay off for the Harris campaign. In other words, Charli XCX could be more influential in the 2024 election than George Clooney or Barbra Streisand (both of whom have also endorsed Harris). While Harris’ TikTok page has 1.1 million followers, Trump, who joined TikTok in June, garnered 3 million followers in his first day on the social media platform. He now boasts 9.1 million followers.

Persons: Kamala Harris, Harris, Chappell, ”, Donald Trump, Trump, “, Roan, galvanizing, she’d, Joe Biden’s, Biden, George Clooney, Barbra Streisand, “ Kamala, Gen Z, ” Harris, Ariana Grande, Demi Lovato, Kesha, Charli XCX —, Kamala, Harris isn’t, Harris ’, Charli, Charli XCX, Don Arnold, XCX, Olivia Rodrigo Olivia Rodrigo, Kevin Winter, Olivia Rodrigo, Rodrigo, “ Donald Trump’s, ” Rodrigo, Anthony Fauci, Chappell Roan Chappell Roan, Cheney Orr, Willard, ” Roan, Madonna, Governors Ball, I’ll, CNN’s Alli Rosenbloom, DJ Judd Organizations: CNN, White, New, Ball Music, of, Democratic, Biden, TikTok, Getty, The Recording Academy Singer, Congress, Governors, Pride Locations: TikTok, Sydney, Australia, West Allis , Wisconsin, United States, New York, Roan, Willard , Missouri

☆ Salt Lake City to host 2034 Winter Games while French Alps get tentative 2030 nod
▼ + stars: | 2024-07-24 | by ( David K. Li | ) www.cnbc.com time to read: +3 min

International Olympic Committee President Thomas Bach with Salt Lake City Utah delegation members after it was announced that Salt Lake City Utah will be the location for the 2034 Winter Olympics. PARIS — The Winter Games will make a return visit to Salt Lake City in 2034 while the 2030 Olympics were tentatively set for the French Alps, officials said Wednesday. "The last 10 days of my life were totally unexpected," Fraser Bullock, head of the Salt Lake City bid, told NBC affiliate KSL minutes after the vote for Salt Lake City. But with an 83-6 vote for Salt Lake City to host, Bullock said he believes the IOC has total confidence in 2034 organizers. The naming of Salt Lake City and French Alps as the next two winter sites had been in the works for months, with only moderate concerns rooted in France's snap elections.

Persons: Thomas Bach, PARIS —, Spencer Cox, Erin Mendenhall, Peacock, Fraser Bullock, Bullock, Utahans, Kaitlin Eskelson, it's, Emmanuel Macron Organizations: Olympic, Utah Gov, Olympic Committee, Winter, IOC, Doping Agency, U.S, NBC, KSL, Washington, Eccles, University of Utah, United Locations: Salt Lake City Utah, PARIS, Salt Lake City, Salt Lake, Paris, Tokyo, Utah, Rice, United States, Lake Placid, Squaw, France, Chamonix, Grenoble, Albertville, French

☆ Job seekers are sour on the cooling labor market
▼ + stars: | 2024-07-24 | by ( Greg Iacurci | ) www.cnbc.com time to read: +1 min

Nitat Termmee | Moment | Getty ImagesWorkers are souring on the state of the job market. Workers had reason for euphoria two to three years ago: The job market was red-hot and, by many metrics, historically strong. However, the labor market has slowed gradually. Workers are now having a harder time finding jobs and the labor market, while still solid, could be in trouble if it continues to cool, economists said. While that rate is "consistent with a strong labor market," its steady rise is the "troubling factor," Nick Bunker, economic research director for North America at the Indeed Hiring Lab, wrote in early July.

Persons: Nitat, Nick Bunker, Bunker Organizations: Getty Images Workers, Workers, U.S . Federal Reserve, North America

☆ A Florida Lyft driver explains how he picks which rides to take to make the most money
▼ + stars: | 2024-07-24 | by ( Alex Bitter | ) www.businessinsider.com time to read: +4 min

One involves taking Lyft XL rides, which are designed to transport up to five passengers at once. Families going to or from a port before or after a cruise, for example, need larger vehicles than most Lyft drivers can provide. Afterward, he found out that Lyft had issued him a "warning" curtailing his ability to take scheduled rides on the app. Fourteen days later, he said, he was able to set up scheduled rides again. "If you want to just continue to do the scheduled rides, it makes it very challenging," he added.

Persons: —, Timothy Turer, Turer, Lyft, he's Organizations: Service, Business, XL Locations: Southern Florida, South Florida

Search resuls for: "Red Sox

25 mentions found