DIRS.INFO The most relevant business & tech news

☆ Workers' strike is serious, but resolvable. Boeing's challenge is long term: Analyst
▼ + stars: | 2024-09-16 | 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 EmailWorkers' strike is serious, but resolvable. Boeing's challenge is long term: AnalystBrian Langenberg from Langenberg & Co says Boeing's CEO has to 'pay more than he wants to' for the workers' strike to resolve.

Persons: Brian Langenberg Organizations: Email Workers Locations: Langenberg

☆ He was a theater and English major in the UK. Now, he's one of Singapore's 4 masters of wine.
▼ + stars: | 2024-09-16 | by ( Lian Kit Wee | ) www.businessinsider.com time to read: +5 min

One of the country's four masters of wine, Hemming oversees wine programs across Asia for 67 Pall Mall, a private club for wine lovers. Reflecting on his unlikely journey from aspiring actor to wine connoisseur, he shared how he transitioned from managing a wine shop to mastering the complex world of fine wine. As an English literature and theater major in the UK, Hemming initially believed the stage was his calling. But after graduating in 2001, he applied for a job at a wine shop in London. "To even register, you must have a reference from your employer saying that you are working in a wine role," Hemming said, along with a recommendation from another master of wine.

Persons: —, Richard Hemming, Shakespeare, Hemming, " Hemming, Jancis Robinson, Grant Ashton Organizations: Service, Business, Spirit Education Trust, Financial Times, North, Masters of, Pall Mall London Locations: Asia, London, Notting, Australia, Europe, Singapore, Pall, Hong Kong

☆ Ukraine is extending its recruitment training period after reports of new recruits dying too quickly
▼ + stars: | 2024-09-16 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +4 min

Read previewThe Ukrainian army is extending the period of training for its new recruits after months of reports have shown that their soldiers are ill-trained for combat and risk dying out too quickly. The current training period for new recruits is three months, which includes one month of basic military training and two months of vocational training, according to Ukrainian news outlet Ukrainska Pravda. The news of the extended training period comes after months of reports have shown that Ukraine's soldiers do not have the adequate training required to be on the front lines. And according to a June Washington Post report, Ukrainian commanders often had to dedicate time to training recruits basic skills like how to shoot. Ukrainian soldiers, according to the Kyiv Independent, are worried that the army will run out of trained people to continue fighting.

Persons: —, Oleksandr Syrskyi, Schmidt, Chasiv Yar, didn't Organizations: Service, Facebook, Business, General Staff of, Armed Forces, Ukraine's Facebook, Ukrainska, Associated Press, AP, 47th Brigade, Washington Post, 93rd Mechanized Brigade, Post, Kyiv Independent, Kyiv, Mechanized Brigade Locations: Ukrainian, Chasiv

☆ 66-year-old billionaire says there's 1 trait it takes to succeed: 'It doesn't matter how much experience they have'
▼ + stars: | 2024-09-16 | by ( Gili Malinsky | ) www.cnbc.com time to read: 1 min

The 66-year-old co-founded his first company, SecureIT, with his wife in 1996. He then founded three other companies, AirDefense, CipherTrust and CoreHarbor, all of which were ultimately acquired. In 2008, he founded his current venture, cybersecurity company Zscaler, at which he now serves as the CEO. Zscaler has a current market cap of $25.31 billion as of Thursday. When it comes to what traits it takes to succeed, Chaudhry cites one characteristic: passion.

Persons: Jay Chaudhry, Zscaler, Chaudhry Organizations: Forbes

☆ Zimbabwe to cull 200 elephants to feed citizens left hungry by drought
▼ + stars: | 2024-09-16 | by ( Nimi Princewill | ) edition.cnn.com time to read: +4 min

CNN —Zimbabwe has authorized a mass slaughter of elephants to feed citizens left hungry by its worst drought in decades. With nearly half of the country’s population facing the risk of acute hunger, “we are targeting to cull 200 elephants,” Tinashe Farawo, a spokesperson for the Zimbabwe Parks and Wildlife Authority, told CNN on Monday. The move follows a decision in Namibia to cull elephants and other wild animals to relieve food insecurity fueled by a prolonged drought. Zimbabwe is home to more than 84,000 elephants, Farawo said, around double its “capacity of 45,000,” he added. At least 31 people have died in Zimbabwe this year as a result of conflict between humans and wildlife, local media reported.

Persons: Tinashe, Farawo, Sithembiso Nyoni, ” Nyoni, El Niño, ”, ” Farai Maguwu, Keith Lindsay, —, CNN’s Laura Paddison Organizations: CNN, Zimbabwe, Zimbabwe Parks and Wildlife Authority, Botswana’s, Zim Parks, Namibia’s Ministry of Environment, Forestry, Tourism, for Natural Resource Locations: Namibia, Zimbabwe, ”, Africa

☆ Why these Gulf states want to be AI superpowers
▼ + stars: | 2024-09-16 | by ( Nell Lewis | Rym Bendimerad | ) edition.cnn.com time to read: +5 min

“There’s huge investments going into (AI) in the Middle East,” said Stephen Anderson, Middle East strategy and markets leader at PwC, speaking to CNN at last week’s Global AI Summit (GAIN) in Riyadh, Saudi Arabia. Energy demand from AI, data centers and cryptocurrencies could double by 2026, according to the International Energy Agency. Gulf states are investing heavily in AI as they look to diversify their economies. Last year, the UAE unveiled a tool called Jais and Saudi Arabia has developed the Arabic chatbot ALLaM. Challenge of governanceOne of the major hurdles with the development of AI is public perception and governance: how should AI and data be regulated safely, securely, ethically and fairly?

Persons: “, ”, Stephen Anderson ,, Anderson, We’re, ” Anderson, Nick Studer, Oliver Wyman, Studer Organizations: CNN, United Arab Emirates, PwC, AI, Google, Energy, International Energy Agency, ”, Saudi, AI Authority, Oliver Wyman Group, International Telecommunication Union Locations: UAE, Stephen Anderson , Middle, Riyadh, Saudi Arabia, Qatar

☆ North Korea may be Russia's most dangerous ally, Ukraine spy chief says
▼ + stars: | 2024-09-16 | by ( Tom Porter | ) www.businessinsider.com time to read: +3 min

Read previewIn the wake of the Ukraine war, Russia has formed a close alliance with China, the world's second-biggest economy, and boosted trade ties with other major economies, such as India. AdvertisementFor decades, North Korea has been among the poorest and most isolated Asian countries, with the UN imposing severe sanctions to curtail its nuclear weapons program. However, the Ukraine war enabled North Korean leader Kim Jong Un to improve his situation, forming a valuable security pact with Russian President Vladimir Putin's Russia in June. AdvertisementIn return, Kim has secured new security pledges from Putin, alongside access to valuable Russian military technology. Ukraine is currently battling to hold back intensifying Russian attacks in Donetsk, east Ukraine, but has seized control of a swath of Russian territory in Kursk.

Persons: —, GUR, Kyrylo Budanov, Budanov, Kim Jong, Vladimir Putin's, Kim, Putin Organizations: Service, Business, Kyiv, Reuters, North, US Defense Intelligence Agency Locations: Ukraine, Russia, China, India, North Korea, Vladimir Putin's Russia, Korea, Iran, Donetsk, Kursk

☆ The 5 rudest co-worker behaviors, according to a new survey by Monster
▼ + stars: | 2024-09-16 | by ( Morgan Smith | ) www.cnbc.com time to read: +2 min

Some faux pas might seem obvious, like always showing up late to job interviews or meetings with your boss. Smith recommends people follow the "golden rule" of generally getting back to people who reach out within 24 hours. The through line in these missteps, as Smith sees it, is selfishness, which is an unattractive trait in any workplace. Use code EARLYBIRD for an introductory discount of 30% off, now extended through September 30, 2024, for the back-to-school season. Plus, sign up for CNBC Make It's newsletter to get tips and tricks for success at work, with money and in life.

Persons: Brandon Smith, Smith Organizations: CNBC

☆ Vance blames liberal rhetoric for apparent assassination attempt against Trump
▼ + stars: | 2024-09-16 | by ( Kit Maher | ) edition.cnn.com time to read: +4 min

CNN —JD Vance on Monday blamed liberal rhetoric for the apparent assassination attempt against former President Donald Trump over the weekend. “I’d say that’s pretty strong evidence that the left needs to tone down the rhetoric, and needs to cut this crap out,” he continued. “But in particular, the people telling you that Donald Trump needs to be eliminated. “The U.S. Secret Service is aware of the social media post made by Elon Musk and as a matter of practice, we do not comment on matters involving protective intelligence,” a Secret Service spokesman told CNN. The Secret Service later said the suspect had no line of sight on the former president.

Persons: CNN — JD Vance, Donald Trump, “, I’m, we’re, Kamala Harris, ”, Vance, ” Vance, ” Trump, Joe Biden, Biden –, Trump, Elon, Biden, Harris, Elon Musk, Ric Bradshaw, Bradshaw, Ryan Wesley Routh, Routh, CNN’s Dave Goldman, Evan Perez, Holmes Lybrand, Michael Williams, Devan Cole Organizations: CNN, Republican, Georgia Faith & Freedom Coalition, Trump, Service, Secret Service Locations: Atlanta, United States of America, Trump, Palm Beach

☆ Blinken heads to Egypt but not Israel with prospects for a Gaza ceasefire and hostage deal bleak
▼ + stars: | 2024-09-16 | by ( Kylie Atwood | Jennifer Hansler | ) edition.cnn.com time to read: +6 min

This is the first time since the October 7 attacks that Blinken has visited the Middle East without visiting Israel. The top US diplomat typically uses the visits to Israel to press the Israeli government on the critical issues surrounding the war, including the hostage and ceasefire deal. However, Israel Prime Minister Benjamin Netanyahu has frequently rebuffed the administration in the hours and days following those meetings. The last time Blinken visited Israel, he said that Netanyahu had agreed to the “bridging proposal” meant to close to close the remaining gaps with Hamas. Blinken said earlier this month that “it’s incumbent on both parties” – Israel and Hamas – “to get to yes” on the “remaining issues” related to a ceasefire and hostage deal.

Persons: Antony Blinken, Joe Biden, Blinken, Benjamin Netanyahu, “, Badr Abdelatty, Netanyahu, Yahya Sinwar, United Nations Linda Thomas, Greenfield, ” Thomas, ”, Bill Burns, – Netanyahu, ” –, – “, Sinwar, Hassan Nasrallah, Biden, we’ll, John Kirby Organizations: CNN, Israel, State Department, Egyptian Foreign, United Nations, Hamas, Biden, Egyptian, Qatari, Security Locations: Egypt, Israel, Gaza, U.S, Qatar, Washington, ” – Israel, Lebanese

☆ 5 things to know about billionaires, from a personal assistant to the uber-wealthy
▼ + stars: | 2024-09-16 | by ( Madeline Berg | ) www.businessinsider.com time to read: +6 min

Now, he places personal and executive assistants with CEOs, billionaires, and celebrities. Here are five things to know about billionaires, according to a billionaire whisperer. Brian Daniel worked as a personal assistant for ultra-high-net-worth clients — including members of the royal family of Saudi Arabia. "A lot of billionaires like bragging rights, where they want access to things that other people can't get access to." Advertisement"They can afford to pay the bill to have the celebrities come to their parties and be on their yachts," Daniel said.

Persons: —, They're, Brian Daniel, he's, Warren Buffett, there's, Daniel, Damien Hirst, Jeff Bezos —, they're, doesn't, they've, I've, didn't Organizations: Service, Business Locations: Hollywood, Saudi Arabia, Europe

☆ Elon Musk says he's learned a lesson
▼ + stars: | 2024-09-16 | by ( Kwan Wei Kevin Tan | Beatrice Nolan | ) www.businessinsider.com time to read: +1 min

Donald Trump survived what appears to be a second assassination attempt on Sunday. Elon Musk then posted on X, asking why there have been no assassination attempts on Biden or Harris. Go to newsletter preferences Thanks for signing up! In a now-deleted post, Musk questioned why there have been no assassination attempts on President Joe Biden or Vice President Kamala Harris. The FBI is now probing what it says appears to be a second attempted assassination of Trump.

Persons: Donald Trump, Elon Musk, Harris, Musk, —, Elon, Joe Biden, Kamala Harris, Trump Organizations: Biden, Service, FBI Locations: Trump's, West Palm Beach , Florida

☆ Green Bay Packers QB Malik Willis opts not to throw on key down after center throws up on the ball
▼ + stars: | 2024-09-16 | by ( Samuel Joseph | Sam Joseph | ) edition.cnn.com time to read: +3 min

CNN —The Green Bay Packers left it all – and a little bit more – on the field against the Indianapolis Colts on Sunday. During the second quarter with the Green Bay offense at third down and 10, center Josh Myers appeared to vomit on the field before immediately snapping the ball to Willis. “I asked Malik why he didn’t throw the ball on that third down, and he told me Josh threw up on the ball,” said LaFleur. Willis threw 12-of-14 on pass attempts for 122 yards, getting his first NFL touchdown in his first start for the team. Running back Josh Jacobs totaled 151 yards on 32 carries in an explosive outing, while Willis added another 41.

Persons: Jordan Love, Malik Willis, Willis, Josh Myers, – Willis, Matt LeFleur, Myers, “, Malik, Josh, ”, LaFleur, ‘, ’, I’ve, ” Myers, Jeffrey Phelps, “ I’ve, Green, Josh Jacobs, Anthony Richardson Organizations: CNN, Green Bay Packers, Indianapolis Colts, Packers, Philadelphia Eagles, Lambeau, Tennessee Titans, Eagles, Colts, NFL, Indianapolis, Houston Texans Locations: Brazil, USA

☆ Nvidia and more: Veteran tech investor reveals 4 stocks he backs with a 'high degree of conviction'
▼ + stars: | 2024-09-16 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +5 min

While that may give some investors pause, veteran tech investor Trent Masters continues to see promise, revealing four stocks he has a "high degree of conviction" in. They are: Nvidia , Motorola Solutions , Trane Technologies and Sherwin-Williams . Trane Technologies Beyond the traditional tech plays, Masters is betting on Trane Technologies, a company specializing in heating, ventilation, air-conditioning and refrigeration systems. The average price target for Trane Technologies is $361.46, according to FactSet data, giving it a 0.8% discount. Sherwin-Williams Outside tech, Masters likes paint manufacturer Sherwin-Williams thanks to its "very strong ... business (with a) good returns profile."

Persons: Trent Masters, Sherwin, Williams, CNBC's, Jensen Huang's, Masters, — CNBC's Jim Cramer Organizations: Nvidia, Motorola Solutions, Trane Technologies, Sydney, Alphinity Investment Management, Motorola, Land Mobile

☆ How I went from community college to a Blackstone internship in just 5 years
▼ + stars: | 2024-09-16 | by ( Alex Nicoll | ) www.businessinsider.com time to read: +9 min

I decided to attend the Bureau of Manhattan Community College to build up my academic skills before eventually transferring to City College. That person suggested I apply to Blackstone's LaunchPad, which gives first-generation college students a chance to experience corporate life through an internship. Before this internship, I had no corporate experience, but now I feel confident because I've succeeded at such a big firm with a good reputation. AdvertisementHere's how I went from being the first person in my family to apply to college shortly after moving to the US to an internship at Blackstone in just a few short years. He referred me to a campus recruiter from Blackstone and also told me about the LaunchPad internship.

Persons: Elian Hilario, Blackstone's, I've, Elian, Braven, Blackstone, LaunchPad, Maura Pally, I'm, we've Organizations: Service, Manhattan Community College, City College, Business, Blackstone, DEI, Diverse, Analysts, Blackstone Charitable Foundation Locations: New York, Dominican Republic, Blackstone's, Blackstone, of New York

☆ Mayoral debate in Brazil turns ugly as candidate attacks rival with chair, live on TV
▼ + stars: | 2024-09-16 | by ( Ivonne Valdés | Cnn En Español | ) edition.cnn.com time to read: +2 min

CNN —A mayoral debate in the Brazilian city of São Paulo turned ugly when one of the candidates attacked a rival with a chair. Video from the debate, broadcast live on Sunday by TV Cultura, shows a tense exchange between José Luiz Datena and Pablo Marçal before Datena swings the chair at his counterpart. Datena later told TV Cultura that he had attacked Marçal – who required hospital treatment for his injuries – because he had brought up old sexual harassment allegations against Datena that were dismissed several years ago. “He came with a case that was archived, that was not even investigated by the police because there was no evidence. TV Cultura said it regretted the incident and had pressed ahead with the discussion in accordance with the rules after the other candidates agreed.

Persons: CNN —, São Paulo, José Luiz Datena, Pablo Marçal, Datena, Marçal –, ” Datena, Marçal, Donald Trump, Jair Bolsonaro, Guilherme Boulos, Marina Helena, Ricardo Nunes, Tabata Amaral, “ Pablo Marçal, ”, Paulo, CNN’s Michael Rios Organizations: CNN, TV Cultura, Libanês Locations: Brazilian, São

☆ Stocks making the biggest moves midday: Nuvalent, Alcoa, Sprouts Farmers Market, Apple and more
▼ + stars: | 2024-09-16 | by ( Sean Conlon | ) www.cnbc.com time to read: +3 min

Upstart Holdings – Shares of the personal finance firm fell 5% after the announcement of a new debt offering. Sprouts Farmers Market – Shares of the supermarket chain rose nearly 5% following an upgrade to outperform from in line at Evercore ISI. The investment firm wrote that Sprouts, which specializes in organic products, could be a beneficiary of a trend towards healthier eating. Apple – Shares slumped 3% following reports of sluggish demand for some of the company's latest iPhone models. Yelp – Shares dropped 4% after Bank of America initiated coverage of Yelp with an underperform rating.

Persons: Nuvalent, Bausch, Goldman Sachs, Morgan Stanley, Donald Trump, Ming, Chi Kuo, —, Alex Harring, Samantha Subin, Yun Li, Lisa Kailai Han, Pia Singh, Jesse Pound Organizations: Financial Times, FT, Alcoa, Intel –, Bloomberg, Intel, Pentagon, Micron Technology, Evercore ISI, Trump Media & Technology, Apple –, TF Securities, Apple, JPMorgan, Bank of America Locations: California

☆ Suspect in apparent Trump assassination attempt makes first court appearance
▼ + stars: | 2024-09-16 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +2 min

An undated selfie shows Ryan W. Routh, a suspect identified by news organizations, as the FBI investigates what they said was an apparent assassination attempt in Florida on Republican presidential nominee and former U.S. President Donald Trump, in this image obtained from social media. The suspect in an apparent assassination attempt against former President Donald Trump is making his first appearance Monday in federal court in Florida. Routh was arrested Sunday after U.S. Secret Service agents opened fire near Trump's golf course in West Palm Beach while the Republican nominee was playing a round. The incident could mark the second assassination attempt against him in two months. Trump's ear was grazed by a bullet during a prior assassination attempt at a campaign rally in Pennsylvania in July.

Persons: Ryan W, Routh, Donald Trump, Ryan Wesley Routh, Judge Ryon McCabe, Trump, Thomas Matthew Crooks, Kamala Harris, Joe Biden Organizations: FBI, Republican, West Palm Beach, NBC, NBC News, Secret Service, Nissan, Democratic, House Locations: Florida, U.S, West Palm, Trump's, Pennsylvania, America

☆ From Ukraine to Hawaii, associates of Trump assassination attempt suspect say his ‘delusion of grandeur’ and odd behavior left them questioning his mental state
▼ + stars: | 2024-09-16 | by ( Isabelle Chapman | Casey Tolan | Curt Devine | ) edition.cnn.com time to read: +16 min

In one tweet, Routh wrote that “I would like to invite you to Hawaii for vacation. Newsweek Romania journalist Remus Cernea, one of the people listed on the website, told CNN he met Routh in Kyiv’s Maidan Square in June 2022. Tracy Fulk, a Greensboro police officer at the time, told CNN that the incident started when she pulled Routh over for a traffic stop. Audrey McAvoy/APA Hawaiian man who gave Routh’s company a bad review on Facebook told CNN he was unsettled by Routh’s response to the criticism. “We must push forward with logical leadership that supports the ones that wish to accomplish great things,” Routh wrote in one post.

Persons: Donald Trump, Ryan Wesley Routh, Joe Biden, “, Ukraine ”, Volodymyr Zelensky, Routh, hadn’t, Biden, Zelensky, Ryan Routh's, Trump, Routh’s, –, ”, Tulsi Gabbard, Beto O’Rourke, Tom Steyer, Elizabeth Warren, Andrew Yang, Joe, hillary, ” Routh, Kim Jong Un, ” Zelensky, Routh’s fiancée, Kathleen Shaffer, Shaffer, Efrem, Semafor, Oleksandr Shaguri, ” Michael Wasiura, ” Wasiura, ” Evelyn Aschenbrenner, Aschenbrenner, ” Aschenbrenner, Ryan O’Leary, ” O’Leary, Remus Cernea, Cernea, it’s, ” Cernea, barricading, Tracy Fulk, Fulk, ” Fulk, didn’t, ” Ryan Routh's, Audrey McAvoy, Saili Levi, Levi, you’re, ” Levi, Ryan Routh ”, Nelli Black, Benjamin Brown, Scott Glover, Lex Harvey, Winter, Rob Kuznia, Kyung Lah, Daniel Medina, Gianluca Mezzofiore, Rob Picheta, Puy Kamp, Sabrina Shulman, Teele Rebane, Adam Renton, Jessie Yeung Organizations: CNN, Twitter, Trump, Martin County Sheriff’s, Martin County Sheriff's, Facebook, Service, Republican, X, Machine, Commission, Democratic, North, “ WE, New York Times, Ukraine’s Land Forces Command, Legion, country’s International, Army National Guard, Global Citizen, Taiwan, Taiwan Foreign Legion, Newsweek Romania, Greensboro, Sheriff’s Office, Guilford County North Carolina Sheriff’s, Honolulu Star, Star, Advertiser, Honolulu, roosters Locations: Ukraine, Hawaii, Afghanistan, Ukrainian, Honolulu, Oahu, Florida, Martin County, Russia, Zelensky, American, Kyiv’s, Kyiv, Taiwan, North Korea, China, Kyiv’s Maidan, North Carolina, Greensboro, Guilford, Guilford County North Carolina, Kaʻaʻawa, Oahu Island, Oran, Majlie

☆ Amazon tells employees to return to office five days a week
▼ + stars: | 2024-09-16 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +12 min

Amazon is instructing corporate staffers to spend five days a week in the office, CEO Andy Jassy wrote in a memo on Monday. The decision marks a significant shift from Amazon's earlier return-to-work stance, which required corporate workers to be in the office at least three days a week. Amazon's headcount totaled 1.53 million employees in the second quarter, representing growth of just 5% from a year earlier. If anything, the last 15 months we've been back in the office at least three days a week has strengthened our conviction about the benefits. Before the pandemic, not everybody was in the office five days a week, every week.

Persons: Andy Jassy, they've, Jassy, didn't, Amazon's headcount, it's, we're, I've, we've, It's, Andy Organizations: Amazon, Healthcare, U.S, Puget Sound Locations: NYC, Arlington, Europe

☆ India can achieve sustainable growth of up to 8% in the coming years, central bank chief says
▼ + stars: | 2024-09-16 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +3 min

Punit Paranjpe | Afp | Getty ImagesIndia can achieve sustainable economic growth of up to 8% over the medium term, according to the country's central bank governor. The figures have ratcheted up pressure on the central bank to launch its own rate-cutting cycle sooner rather than later. Shaktikanta Das, governor of the Reserve Bank of India (RBI), speaks during the Global Fintech Fest 2024 in Mumbai, India, on August 28, 2024. Nurphoto | Nurphoto | Getty ImagesIt comes as major central banks have started to ease monetary policy in recent months, including the European Central Bank, the Bank of England and the Swiss National Bank. Women (silhouetted) walk past Reserve Bank of India (RBI) logo displayed at Global Fintech Fest exhibition in Mumbai.

Persons: Punit Paranjpe, CNBC's Tanvir Gill, Shaktikanta Das, Das, Goldman Sachs Organizations: Afp, Getty, Reserve Bank of India, International Monetary Fund, Nurphoto, European Central Bank, Bank of England, Swiss National Bank, The U.S . Federal Reserve, ECB, Bank of India, Global Locations: Mumbai, India, Japan, Germany, U.S, China

☆ Amazon drops the hammer on remote work and orders employees back to the office 5 days a week starting January
▼ + stars: | 2024-09-16 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +11 min

The rule further tightens the requirement from last year that workers be on-site at least three days a week. "If anything, the last 15 months we've been back in the office at least three days a week has strengthened our conviction about the benefits," Jassy said. And Meta's Mark Zuckerberg helped kick off the org-chart flattening trend when he criticized "managers managing managers" at the start of his "year of efficiency" in 2023. If anything, the last 15 months we've been back in the office at least three days a week has strengthened our conviction about the benefits. Before the pandemic, not everybody was in the office five days a week, every week.

Persons: Jassy, we've, Jassy's, Mark Zuckerberg, Dominick, we're, I've, it's, It's, Andy Organizations: Walmart, Bloomberg, Business, Healthcare, U.S, Puget Sound Locations: NYC, Arlington, Europe

☆ Get ready for stocks to embark on a weekslong rally after the Fed cuts rates, Fundstrat's Tom Lee says
▼ + stars: | 2024-09-16 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +3 min

Stocks are set to climb higher for at least the next few weeks, according to Fundstrat's Tom Lee. Lee pointed to the Fed's policy meeting, with markets expecting a rate cut on Wednesday. A Fed rate cut will be bullish for stocks, regardless of its size, he told CNBC. AdvertisementWall Street has been anticipating rate cuts for months, especially as the economy has shown some weakness stemming from tighter financial conditions. However, stocks should move higher regardless of the size of the rate cut, Lee said, so long as central bankers assure markets that more cuts are coming.

Persons: Tom Lee, Lee, —, Powell Organizations: CNBC, Service, Bureau of Labor, New York Fed

☆ Mark Cuban says he would buy both Fox News and X if he had an in
▼ + stars: | 2024-09-16 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +1 min

Mark Cuban says he would take over Fox News and X, formerly Twitter, if he could. Fox News is too expensive and Elon Musk is unlikely to sell X, Cuban told Wired's Lauren Goode. Advertisement"Shark Tank" star Mark Cuban says he would buy Fox News and X if he could. "If I had enough money to do it, which I don't, I'd buy it in a heartbeat," Cuban said of purchasing Fox News. Buying Fox News, Cuban said earlier in his interview, would serve as an antidote to a demographic he calls the "Fox News generation."

Persons: Mark Cuban, Elon Musk, Cuban, Wired's Lauren Goode, — Organizations: Fox News, Elon, Service, Wired, Buying Fox News, Business

☆ NOAA confirms investigation into RFK Jr. over dead whale carcass
▼ + stars: | 2024-09-16 | by ( Aaron Pellish | Veronica Stracqualursi | ) edition.cnn.com time to read: +1 min

CNN —The National Oceanic and Atmospheric Administration confirmed on Monday it is investigating Robert F. Kennedy Jr. for allegedly decapitating a dead whale carcass and transporting it home two decades ago. A spokesperson for NOAA confirmed to CNN on Monday that Kennedy is under investigation for the incident. “It is long standing NOAA practice not to comment on open investigations,” the spokesperson said. In the interview, Kennedy’s daughter recalls her father using a chainsaw to cut off the head of a dead whale carcass on the beach near their Cape Cod family home and driving the whale’s head back to New York. Following the story gaining attention on social media, the Center for Biological Diversity Action Fund called for NOAA to investigate Kennedy over the incident, arguing his actions could have jeopardized scientific research.

Persons: Robert F, Kennedy Jr, Kennedy, Kennedy’s, Kathleen “, ” Kennedy, ” Organizations: CNN, Atmospheric Administration, National Marine Fisheries Services, NOAA, Country Magazine, Center for Biological Diversity Locations: Arizona, Cod, New York, East Coast

Search resuls for: "," he"

25 mentions found