DIRS.INFO The most relevant business & tech news

[1/2] Former U.S. President Donald Trump speaks during a rally in Commerce, Georgia, U.S. March 26, 2022. Trump's company faces only a maximum $1.6 million penalty, but has said it plans to appeal. Bragg and James are Democrats, as is Bragg's predecessor Cyrus Vance, who brought the criminal case. "The whole narrative that Donald Trump was blissfully ignorant is just not real," Assistant District Attorney Joshua Steinglass told jurors in his closing argument. State law limits the penalties that Justice Merchan can impose on Trump's company.

☆ For Closed-End Fund Investors, Paper Losses Turn Real
▼ + stars: | 2023-01-12 | by ( Heather Gillers | ) www.wsj.com time to read: 1 min

Six BlackRock municipal-bond funds experienced at least two payout cuts last year. Investors in closed-end funds are feeling a painful consequence of the historic market slump: cuts to their monthly payouts. A Pacific Investment Management Co. California municipal-bond fund slashed dividends by 45% this month, while a Nuveen LLC stock fund endured a 7% cut. Eaton Vance Management in November cut distributions across six stock funds by as much as 24%. Six BlackRock muni funds endured at least two payout cuts last year, with dividends falling by as much as 38% in total.

☆ Meet the 43-year-old 'Vibe Manager' of New York City's Hard Rock Hotel in charge of throwing rooftop parties and curating playlists
▼ + stars: | 2023-01-07 | by ( Hannah Towey | ) www.businessinsider.com time to read: +5 min

43-year-old Michael Tello is a "Vibe Manager" at the Hard Rock Hotel in New York City. The "rockstar suite" at the Hard Rock Hotel in New York City. Courtesy of Hard Rock Hotel New YorkBut being able to provide those special touches is also one of the most rewarding parts of the job, he said. Ciara and Didi Richards dance onstage during the Sports Illustrated Swimsuit 2022 Issue launch party at Hard Rock Hotel New York on May 19, 2022. The vibe manager works a Tuesday through Saturday schedule.

☆ Andy Cohen becomes latest person to bash TikTok fake celebrity death prank trend
▼ + stars: | 2023-01-05 | by ( Angela Yang | Angela Yang Is An Intern For Nbc News Digital. | ) www.nbcnews.com time to read: +3 min

Andy Cohen has joined the list of people who are not amused by the so-called celebrity death prank trend on TikTok that went viral over the holidays. It is unclear who started the celebrity death prank, according to Know Your Meme’s database. The celebrity death prank trend has prompted mixed responses, with some viewers reacting in positive ways and others arguing the videos do more harm than good. The trend first sparked criticism after Slater Vance, 16, pranked his celebrity parents, Angela Bassett and Courtney B. Vance, on New Year’s Eve. “Your parents are showing vulnerability for a brief second,” O’Connell said in a video uploaded to TikTok on Christmas.

☆ Howard: After what should be a rocky start, 2023 should be a good year for the markets
▼ + stars: | 2023-01-04 | 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 EmailHoward: After what should be a rocky start, 2023 should be a good year for the marketsVance Howard, CEO & Portfolio Manager at Howard Capital Management, joins Worldwide Exchange to discuss how he's investing in the markets.

☆ Five states will have politically-split Senate delegations in the new Congress, reflecting the nation's continued partisan polarization
▼ + stars: | 2023-01-02 | by ( John L. Dorman | ) www.businessinsider.com time to read: +8 min

The new Congress, which begins this week, will have five politically-split Senate delegations. But in the new Congress, which begins this week, only five states will have split Senate delegations: Maine, Montana, Ohio, West Virginia, and Wisconsin. AP Photo/Matthew BrownMontanaDemocratic Sen. Jon Tester and Republican Sen. Steve DainesTester was first elected to the Senate in 2006 and secured reelection in both 2012 and 2018. Tom Williams/CQ-Roll Call, Inc via Getty ImagesWest VirginiaDemocratic Sen. Joe Manchin and Republican Sen. Shelley Moore CapitoManchin is perhaps the nation's most recognizable moderate Democrat, having single-handedly scuttled Biden's Build Back Better agenda in December 2021. WisconsinRepublican Sen. Ron Johnson and Democratic Sen. Tammy BaldwinThe Badger State is often home to some of the closest races in the entire country.

☆ Kids are pranking their parents on TikTok by telling them celebrities have died. Angela Bassett's son may have killed the trend by bluffing about her colleague, Michael B. Jordan
▼ + stars: | 2023-01-01 | by ( Jason Lalljee | ) www.businessinsider.com time to read: +3 min

Slater Vance joined in on a TikTok trend where users lie about celebrity deaths to their parents. Many social media users have called the trend distasteful. That's what 16-year-old Slater Vance learned last week, after joining in on it using his own famous parents: actors Angela Bassett and Courtney B. Vance. The trend involves users pranking their families on camera, pretending that celebrities — usually ones beloved to their parents — have died. "Angela Bassett and Courtney B. Vance just put an end to that TikTok trend and we owe them a debt of gratitude," one user said.

☆ JD Vance is joining a distinctive club of conservatives who parlayed their celebrity into a GOP seat
▼ + stars: | 2023-01-01 | by ( Warren Rojas | ) www.businessinsider.com time to read: +1 min

Incoming Sen. JD Vance continues a tradition of celebrities who broke into Republican politics. Their pre-congressional careers include stints on Broadway and reality TV, and in blockbuster movies. download the app Email address By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our Terms of Service and Privacy PolicyNewly minted Republican Sen. JD Vance of Ohio won't just be replacing retiring Sen. He'll be joining the cadre of right-leaning actors, singers, and reality TV personalities who traded on their celebrity to secure a spot on Capitol Hill. Here are five other cultural figures, listed by when they joined Congress, who beat Vance to the punch of becoming Republican lawmakers.

☆ Watch CNBC's full interview with Vance Howard and Barry Bannister
▼ + stars: | 2022-12-29 | 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 EmailWatch CNBC's full interview with Vance Howard and Barry BannisterVance Howard, CEO & portfolio manager at Howard Capital Management, and Barry Bannister, chief equity strategist at Stifel, join CNBC's ‘Squawk on the Street’ to discuss how they see the market as we move to the new year.

☆ I am sitting on almost $2.4 billion in cash right now, waiting for this market to turn, says Vance Howard
▼ + stars: | 2022-12-29 | 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 EmailI am sitting on almost $2.4 billion in cash right now, waiting for this market to turn, says Vance HowardVance Howard, CEO & portfolio manager at Howard Capital Management, and Barry Bannister, chief equity strategist at Stifel, join CNBC's ‘Squawk on the Street’ to discuss how they see the market as we move to the new year.

☆ SpaceX history: 13 of the biggest moments for Elon Musk's 20-year-old company
▼ + stars: | 2022-12-27 | by ( Grace Kay | Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +1 min

Elon Musk was inspired to start building his own rockets in 2001 after a Russian rocket designer spat on his shoes. Elon Musk at his desk in 2004. At the time, Musk was visiting Russia in order to negotiate a deal to buy space rockets for a future mission to Mars. SpaceX cofounder Jim Cantrell also recalled the incident in a Channel 4 documentary that aired in May and in a biography on Musk by Ashlee Vance, "Elon Musk: Tesla, SpaceX, and the Quest for a Fantastic Future." Sources: Insider, "Escaping Gravity: My Quest to Transform NASA and Launch a New Space Age," "Elon Musk: Tesla, SpaceX, and the Quest for a Fantastic Future."

☆ Six battleground states will hold the key to the White House in 2024
▼ + stars: | 2022-12-24 | by ( John L. Dorman | ) www.businessinsider.com time to read: +12 min

AP Photo/Andrew HarnikGeorgia2012 margin: Romney +7.8%2016 margin: Trump +5.1%2020 margin: Biden +0.2%For decades, Republicans could easily depend on the Peach State's electoral votes falling into their column. Two years later, Biden won the state by roughly 12,000 votes over Trump, followed by the dual 2021 runoff victories of Sens. AP Photo/Matt RourkePennsylvania2012 margin: Obama +5.4%2016 margin: Trump +0.7%2020 margin: Biden +1.2%Biden's hometown of Scranton is dear to his heart so Pennsylvania was always going to be a key state for the party in 2024. AP Photo/Andy Manis, FileWisconsin2012 margin: Obama +6.9%2016 margin: Trump +0.8%2020 margin: Biden +0.6%Wisconsin is one of the most politically-divided states in the country. But Trump flipped Wisconsin to the GOP in 2016, the first time it had supported a Republican presidential nominee since 1984.

☆ The CEO of Elon Musk's Boring Company who reportedly slept at Twitter HQ with his wife and baby once owned a bar called 'Thomas Foolery'
▼ + stars: | 2022-12-24 | by ( Aaron Holmes | Sam Tabahriti | ) www.businessinsider.com time to read: +2 min

Elon Musk's Boring Company aims to build a network of road tunnels under major cities. Davis reportedly slept at Twitter HQ with his wife and baby after Elon Musk sought his help. Musk also owns The Boring Company, which has built a reputation for offbeat stunts. Before working for Musk, Davis founded a frozen yogurt shop and a bar that accepts bitcoin, among other ventures. Boring Company has faced scrutiny, especially in Chicago and Las Vegas, where it aimed to build its first tunnels.

They have found that in Puerto Rico, people have a higher propensity for Alzheimer's and part of the reason could be a genetic variant they have uncovered. While, in the U.S., 10.7% of the population age 65 and older has Alzheimer's, in Puerto Rico the number is 12.5%. In the U.S., it's the fifth-leading cause of death in those over 65 but in Puerto Rico, it ranks fourth in the same age group. It was more than three decades ago when Alzheimer’s genetic research pioneer Margaret Pericak-Vance was at Duke University that she began trying to involve more diverse populations in research. A variant only found among Hispanic CaribbeansDr. Katrina Celis, Director of Research Support Larry Adams, and Dr. Parker Bussies prepare to see Alzheimer’s patients and their families in Puerto Rico for Puerto Rico Alzheimers Disease Initiative, known as PRADI.

☆ Allen Weisselberg could get more time since the Trump Org guilty verdict required jurors to find he lied
▼ + stars: | 2022-12-17 | by ( Laura Italiano | ) www.businessinsider.com time to read: +10 min

A judge could rule Weisselberg violated the deal because jurors, by their verdict, found he lied. He has been promised a five-month jail sentence as part of his August plea deal. But that deal required Weisselberg, 75, to testify truthfully against former President Donald Trump's real-estate company, where he's worked since the 1970s. "Weisselberg says over and over, 'I, together with the Trump Organization,'" Florence, now in private practice, noted of his guilty plea. Trump Organization lawyers have already promised to appeal the verdict itself.

☆ 5 reasons to applaud the smart, speedy jury that convicted the Trump Organization of tax fraud
▼ + stars: | 2022-12-11 | by ( Laura Italiano | ) www.businessinsider.com time to read: +8 min

A Manhattan jury convicted Donald Trump's company of all 17 tax-fraud counts on Tuesday. But he would not implicate anyone named Trump — not Donald Trump, who he worked for since the 1980s. And not any of Trump's three eldest kids — Donald Trump Jr., Eric Trump, or Ivanka Trump, who have all served as Trump Organization executive vice presidents. Back during jury selection in late October, defense lawyers had the darnedest time finding Manhattan residents who didn't hate Donald Trump. They certainly did not look like Donald Trump's C-suite of well-paid, white-collar white men.

☆ Howard: The markets have probably overshot a bit, but will see a nice short-term rally
▼ + stars: | 2022-12-09 | 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 EmailHoward: The markets have probably overshot a bit, but will see a nice short-term rallyVance Howard of Howard Capital Management says it's important for investors to trade on math and not emotion.

Economists said the reading pointed to elevated labor costs and inflation staying high, adding pressure on the Federal Reserve to keep raising rates. "Slower rate hikes have been the trend globally of late, but the Fed remains a wild card. Overall, it's a fickle, anxious market ahead of next week’s Fed meeting," said Joe Manimbo, senior market analyst at Convera in Washington. Many in the market believe inflation is moderating and bond yields have peaked, allowing the Fed and other central banks to begin slowing rate hikes when policy-makers meet next week. Gold prices rose, helped by a retreat in the dollar and Treasury yields, as investors anticipate the projection of slower rate hikes at the Fed's meeting on Dec. 13-14.

☆ After Trump Org tax-fraud conviction, will Trump only get a slap on the wrist or could he face new NY charges?
▼ + stars: | 2022-12-07 | by ( Laura Italiano | ) www.businessinsider.com time to read: +4 min

NY law limits the penalties Trump faces to $250K per tax count and $10K per crime. But the conviction could embolden the Manhattan DA's office to pursue more cases against the former president and his company, insiders say. The tax-fraud case against the Trump Organization has been that probe's only indictment to date. That victory — and the apparent willingness of Manhattan residents to hit hard — may embolden the DA's office to go after Trump himself. "He has 500 subsidiaries" he said of the Trump Organization.

☆ Warnock's decisive victory in Georgia is the final blow to once-hopeful Republicans in 2022
▼ + stars: | 2022-12-07 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +7 min

The Republican Party will end the once promising 2022 cycle having failed to reach many of its goals. This is not how the Republican Party envisioned 2022. In particular, many GOP candidates, including Walker, continue to underperform in fastly growing suburbs. It's all about the candidatesGeorgia Republican Senate nominee Herschel Walker speaks with supporters during a campaign rally in Milton, Ga., on November 21, 2022. While several Republican hopefuls have illustrated that suburban voters are not unreachable, Trump-backed hopefuls have routinely struggled.

☆ How Trump’s legacy became ‘pure poison’ for independents
▼ + stars: | 2022-12-06 | by ( Ronald Brownstein | ) edition.cnn.com time to read: +16 min

Among female independents, Trump’s ratings were even worse: just 23% favorable and 72% unfavorable, according to previously unpublished exit poll results provided by the CNN polling unit. Trump’s unfavorable rating hit a comparable 69% among independents with at least a four-year college degree. That was a significantly smaller advantage than the double-digit lead among independents Democrats enjoyed in both the 2020 presidential race and the 2018 contest for the House. While Democrats held the presidency, Republicans won independents by double-digits in House elections in the midterms of 2014, 2010 and 1994. Gretchen Whitmer won 59% of the independents with degrees and 56% of women independents.

☆ Colorado suspect set to be charged for LGBTQ club shooting that killed five
▼ + stars: | 2022-12-06 | by ( Keith Coffman | ) www.reuters.com time to read: +3 min

[1/2] Flowers, candles, and mementos are left at a memorial after a mass shooting at LGBTQ nightclub Club Q in Colorado Springs, Colorado, U.S. November 26, 2022. DowningDENVER, Dec 6 (Reuters) - The suspect in the fatal shooting of five people in a Colorado LGBTQ nightclub last month is set to be formally charged on Tuesday, potentially facing dozens of counts including murder, attempted murder, assault and hate crimes. Anderson Lee Aldrich, 22, has been held without bond at the El Paso County jail stemming from the Nov. 19 rampage at Club Q in Colorado Springs. Although authorities have not publicly identified a motive, the Colorado shooting was reminiscent of the 2016 Pulse nightclub massacre in Orlando, Florid, where a gunman killed 49 people before police shot him dead. If convicted of first-degree murder, Aldrich faces a mandatory life sentence without the possibility of parole.

[1/6] Former U.S. President Donald Trump attends a rally to support Republican candidates ahead of midterm elections, in Dayton, Ohio, U.S. November 7, 2022. Alan Futerfas, a lawyer for the Trump Organization, told reporters the company would appeal. SEPARATE LAWSUITThe Trump Organization separately faces a fraud lawsuit brought by New York state Attorney General Letitia James. The Trump Organization argued that Weisselberg carried out the scheme to benefit himself. "The whole narrative that Donald Trump was blissfully ignorant is just not real," Steinglass said.

☆ How CISOs Can Wield More Power in Organizations
▼ + stars: | 2022-12-05 | by ( Anthony Vance | Michelle Lowry | ) www.wsj.com time to read: 1 min

Many chief information security officers, or CISOs, seem to be struggling with the same dilemma: They get no respect. They may have the word “chief” in their title, and play a critical role in the security of companies in an increasingly digital economy, but they generally aren’t considered peers of the board or C-suite. As a result, they are often excluded from strategic decision-making.

Its longtime chief financial officer, Allen Weisselberg, pleaded guilty and testified for the prosecution. The Trump Organization has pleaded not guilty. Its lawyers have argued that an outside accountant from Mazars USA who prepared tax returns for the company, Donald Bender, should have caught Weisselberg's fraud and blown the whistle. Bender "turned a blind eye to Allen Weisselberg's wrongdoing," defense lawyer Susan Necheles said in her closing argument on Thursday. Mazars cut ties with the Trump Organization earlier this year.

Search resuls for: "vance"

25 mentions found