DIRS.INFO The most relevant business & tech news

☆ Lawyer wanted by Hong Kong says he was exercising his rights in Australia
▼ + stars: | 2023-07-06 | by ( Kirsty Needham | ) www.reuters.com time to read: +4 min

The Hong Kong police and security bureau did not immediately respond to a request for comment. Hong Kong says 260 people have been arrested under the law, 79 of them convicted for offences including subversion and terrorism. China and Hong Kong say it was necessary to restore stability in the financial hub. Yam said he started speaking out about the rule of law in Hong Kong and the crackdown because his friends were in jail. Reporting by Kirsty Needham in Sydney; Additional reporting by James Pomfret and Jessie Pang in Hong Kong; Editing by William MallardOur Standards: The Thomson Reuters Trust Principles.

Persons: Kevin Yam, Yam, Mao Ning, Anthony Albanese, Hong, Ted Hui, Richard McGregor, Kirsty Needham, James Pomfret, Jessie Pang, William Mallard Organizations: SYDNEY, Hong, HK, Hong Kong, of Australia, Law Society of Hong, Lowy Institute, Thomson Locations: Australian, Hong Kong, Hong, Australia, China, Beijing, British, Law Society of Hong Kong, Sydney

☆ 30% of Americans say ‘tipping culture is out of control,' as some businesses agree to scrap tip prompts
▼ + stars: | 2023-07-05 | by ( Jessica Dickler | ) www.cnbc.com time to read: +2 min

watch now"Honestly, I think the prompt irritates most people," said Lyn James, owner of Flowers & Cappuccino by Lasting Visions in Bowman, North Dakota. James said that's why she opted out of the tip screen when she implemented her store's contactless point-of-sale system. "Small businesses can deactivate the tip screen or customize the amounts they show on the tip screen or just ask customers to skip it," she said. "I do also understand tips are not 'needed' in all situations." "I often get asked how much I tip, and I don't," Lynn said of most point-of-sale tip prompts.

Persons: Lyn James, James, that's, Ted Rossman, We've, Cornell's Lynn, Rossman, Molly Burke, Matt Vizcaino, Lynn, I've Locations: Bowman , North Dakota, Birmingham , Alabama

☆ Australia PM says Hong Kong bounty on overseas activists 'unacceptable'
▼ + stars: | 2023-07-05 | by ( Kirsty Needham | ) www.reuters.com time to read: +1 min

Hong Kong Chief Executive John Lee said on Tuesday eight overseas-based Hong Kong activists who were issued with arrest warrants for alleged national security offences would be "pursued for life". Hong Kong police have offered rewards of HK$1 million ($127,656) for information leading to the arrest of the eight, including Melbourne lawyer and Australian citizen Kevin Yam, and former Hong Kong lawmaker Ted Hui, who has lived in Australia since 2021. "It's just unacceptable," Albanese said of the Hong Kong announcement in a Nine television interview. The Hong Kong activists are accused of asking foreign powers to impose sanctions on Hong Kong and China, and are wanted under a national security law that Beijing imposed on the former British colony in 2020. Chinese and Hong Kong authorities say the law has restored the stability necessary for preserving the Asian financial centre's economic success.

Persons: Anthony Albanese, John Lee, Kevin Yam, Ted Hui, " Albanese, Penny Wong, Kirsty Needham, Jamie Freed Organizations: SYDNEY, Australian, Hong, Hong Kong, HK, Thomson Locations: Hong Kong, Melbourne, Australia, China, Beijing, British

HONG KONG, July 4 (Reuters) - Hong Kong chief executive John Lee said on Tuesday eight overseas-based Hong Kong activists who were issued with arrest warrants for alleged national security offences, would be "pursued for life". Hong Kong police issued arrest warrants for the eight overseas-based activists on Monday, accusing them of national security offences, including foreign collusion and incitement to secession, and offered rewards for information leading to their arrest. They are wanted under a national security law that Beijing imposed on Hong Kong in 2020. Both these countries have criticised the national security law for being used to suppress Hong Kong's pro-democracy movement. Chinese and Hong Kong authorities say the law has restored the stability necessary for preserving Hong Kong's economic success.

Persons: John Lee, Lee, Nathan Law, Anna Kwok, Finn Lau, Dennis Kwok, Ted Hui, Kevin Yam, Mung Siu, Yuan Gong, James, Hong Kong's, Hong, James Pomfret, Donny Kwok, Muralikumar Anantharaman, Raju Gopalakrishnan Organizations: Hong Kong, HK, U.S . State Department, Hong, Inter, Parliamentary Alliance, Thomson Locations: HONG KONG, Hong Kong, Hong, United States, Britain, Australia, Beijing, China

☆ Hong Kong leader vows to pursue 8 activists 'for life' over alleged national security offences
▼ + stars: | 2023-07-04 | by ( Clement Tan | ) www.cnbc.com time to read: +1 min

Hong Kong Chief Executive John Lee vowed Tuesday to pursue eight pro-democracy activists "for life" after they were targeted with arrest warrants for alleged national security offences. "Endangering national security is a serious crime and the [Hong Kong] government will enforce the law strictly," Lee said in Cantonese at a press conference in Hong Kong, according to a CNBC translation. "The government will use all legal means, and to the best of our ability, hold these criminals endangering national security accountable," he added. On Monday, Hong Kong police accused the eight overseas activists of offences under the national security law, including foreign collusion, subversion and incitement to succession. The controversial law was resisted for several years before it was imposed on Hong Kong in 2020 after protracted anti-China protests the year before.

Persons: Ted Hui, Lam, John Lee, Lee Organizations: CNBC, Hong Locations: Kowloon, Hong Kong, China

☆ Therapy-speak is making us lonelier, says therapist Esther Perel: 'There is a danger that you lose all nuance'
▼ + stars: | 2023-07-04 | by ( Aditi Shrikant | ) www.cnbc.com time to read: +1 min

Perel is a Belgium American psychotherapist known for her bestselling books, widely viewed TED Talks, and her podcast "Where Should We Begin?" 'There is a danger that you lose all nuance'The de-stigmatization of going to therapy has clear benefits. "I come from a generation where going to therapy was the thing you never mentioned," Perel, 65, said. The popularity of therapy and even therapy-speak can also bring clarity to struggles people have been experiencing, oftentimes alone, for years. There is such an emphasis on the 'self-care' aspect of it that is actually making us more isolated and more alone.

Persons: we've, Esther Perel, Perel Organizations: TED Locations: Belgium American

☆ The best new shows of 2023, halfway into a strike-disrupted year
▼ + stars: | 2023-07-04 | by ( Brian Lowry | ) edition.cnn.com time to read: +5 min

‘Bill Russell: Legend’ (Netflix) and ‘The Luckiest Guy in the World’ (ESPN)Bill Russell in 'Bill Russell: Legend.' ‘Daisy Jones & the Six’ (Amazon’s Prime Video)Riley Keough as Daisy Jones in "Daisy Jones & the Six." ‘The Night Agent’ (Netflix) and ‘Hijack’ (Apple TV+)Luciane Buchanan as Rose Larkin, Gabriel Basso as Peter Sutherland in episode 'The Night Agent.' ‘Beef’ (Netflix)Steven Yeun and Ali Wong in the Netflix series "Beef." ‘A Small Light’ (NatGeo/Disney+)Margot Frank, played by Ashley Brooke, and Miep Gies, played by Bel Powley in 'A Small Light.'

Persons: ” “ Barry, ”, Maisel, Ted Lasso ”, It’s, Bella Ramsey, Storm Reid, Liane Hentscher, Pedro Pascal, Jason Segel, Harrison Ford, ‘ Bill Russell, Guy, Bill Russell, Bill Walton’s, Wilt Chamberlain, “ Goliath, Stephen Curry, ‘ Daisy Jones, Riley Keough, Daisy Jones, Fleetwood, Elvis Presley’s, Dominique Fishback, Donald Glover, Janine Nabers, Dominique Fishback’s, ’, Luciane Buchanan, Rose Larkin, Gabriel Basso, Peter Sutherland, Idris Elba, Steven Yeun, Ali Wong, Margot Frank, Ashley Brooke, Miep Gies, Bel Powley, Dusan Martincek, Anne Frank’s, Gies, Liev Schreiber, Otto Frank Organizations: CNN, Writers Guild of America, HBO, Netflix, ESPN, Celtics, NBA, Showtime, Apple, Fleetwood Mac, FBI, Geographic, Disney Locations: Atlanta, London

☆ With a record number of travelers expected to drive this July 4, here's how to save on gas
▼ + stars: | 2023-07-03 | by ( Lorie Konish | ) www.cnbc.com time to read: +1 min

A record 43.2 million people are expected to travel by car this July 4 holiday, according to AAA, the motoring and leisure travel membership organization. The good news for those drivers is that gas prices around the country are lower than they were last year. The national average for a gallon of gas is $3.54 as of July 3, down from $4.81 one year ago, according to AAA. Last year's high prices prompted politicians on the state and federal level to call for gas tax holidays. A recent Bankrate survey found 63% of adults plan to take a summer vacation this year, up from 61% last year.

Persons: Ted Rossman Organizations: AAA, Finance, Social Security

Hong Kong CNN —Hong Kong police on Monday placed bounties on eight prominent democracy activists in self-imposed exile overseas, offering HK$1 million ($127,603) rewards each for information leading to their arrests. After leaving Hong Kong in recent years, many of the activists have continued to speak out against what they say is Beijing’s crackdown on their home city’s freedoms and autonomy. The sweeping law was imposed by Beijing on Hong Kong in 2020, after huge pro-democracy protests roiled the semi-autonomous city in the previous year. The Hong Kong government has repeatedly denied the national security law is suppressing freedoms. “I feel no joy over this, but feel sad for Hong Kong that people now see things this way, because it is an indication of how low Hong Kong has gone in the eyes of many,” he told CNN from Australia.

Persons: Nathan Law, Dennis Kwok, Ted Hui, Hong, Steve Li, “, ”, Kevin Yam Organizations: Hong Kong CNN, Hong, HK, CNN Locations: Hong Kong, United States, Canada, Britain, Australia, Beijing

REUTERS/Bobby Yip/File PhotoHONG KONG, July 3 (Reuters) - Hong Kong police on Monday accused eight overseas-based activists of serious national security offences including foreign collusion and incitement to secession and offered rewards for information leading to any arrest. "They have encouraged sanctions ... to destroy Hong Kong and to intimidate officials," Steve Li, an officer with the police's national security department, told reporters. Chinese and Hong Kong authorities say the law has restored the stability necessary for preserving Hong Kong's economic success. "I miss Hong Kong but as things stand, no rational person would be going back." British-based rights group Hong Kong Watch said in a statement Britain, the U.S. and Australia should issue statements "guaranteeing the safety of those activists named and the wider Hong Kong community living overseas".

Persons: Nathan Law, Bobby Yip, Anna Kwok, Finn Lau, Dennis Kwok, Ted Hui, Kevin Yam, Mung Siu, Yuan Gong, Steve Li, Hong Kong, Yam, Li, James Pomfret, Jessie Pang, Robert Birsel Organizations: REUTERS, HK, Hong, Reuters, Georgetown University's Center, Asian Law, Police, Kong's Security, Hong Kong Watch, Thomson Locations: Hong Kong, China, HONG KONG, United States, Britain, Australia, Beijing, British, Hong, Asia, U.S

☆ Why the Kennedys keep going back to their Hyannis Port compound after generations of tragedy
▼ + stars: | 2023-07-03 | by ( Raquel Laneri | ) www.businessinsider.com time to read: +10 min

In 1928, Joseph Kennedy bought a white-shingled cottage in Hyannis Port, Massachusetts, for $25,000. The main home in the Kennedy family compound in Hyannis Port, Mass. AP/Stew MilneHyannis Port became a homeBefore the Kennedys rolled into Hyannis Port, they had trouble establishing a summer home in coastal Massachusetts. Eunice Kennedy, Jacqueline Bouvier, Edward Kennedy, John F. Kennedy and Jean Kennedy play footballl while on vacation at the Kennedy compound in June 1953 in Hyannis Port, Massachusetts. (His father stayed in his Hyannis Port bedroom for five days listening to classical music when he heard the news.)

Persons: Joseph Kennedy, Kennedy, It's, —, Royce, Kate Storey, Joseph, John, Robert, John F, Robert F, Kennedy Jr, Robert's, John Kennedy, Carolyn Bessette, Saoirse Kennedy, Storey —, Stone —, it's, Stew Milne, Rose, Honey Fitz, Fitzgerald, Boston, Storey, Gloria Swanson, Franklin D, Roosevelt, Eunice Kennedy, Jacqueline Bouvier, Edward Kennedy, Jean Kennedy, footballl, Hy Peskin, Eunice, John's, Ethel, Jacqueline, Rosemary Kennedy, Joseph Jr, Kathleen, Robert Jr, Bobby Shriver, Joseph P, Ted Kennedy's, John Jr, Caroline, Jackie, Maria Shriver, Arnold Schwarzenegger, Caroline Kennedy's, Edwin A, Pat, Ted, what's Organizations: Service, Hyannis Port, Kennedy Hyannis Museum, Stone, Stew Milne Hyannis Port, Catholic, Hollywood, Big, Senate, Democrat, Kennedys, Big House, Kennedy Library Foundation, Democratic, Getty, Camelot Locations: Hyannis Port , Massachusetts, Boston, Hyannis, Cod, Hyannis Port, Hyannis Port ,, Stew Milne Hyannis, Massachusetts, Palm Beach , Florida

REUTERS/Daniel Becerril/File PhotoWASHINGTON/MEXICO CITY, July 2 (Reuters) - U.S. and Mexican officials are discussing a new U.S. refugee program for some non-Mexican asylum seekers waiting in Mexico, four sources said, part of President Joe Biden's attempts to create more legal avenues for migration. The program would likely be open to Cuban, Haitian, Nicaraguan and Venezuelan refugees in Mexico, the sources said. Under another Biden program, Cubans, Haitians, Nicaraguans and Venezuelans can request to enter the U.S. by air if they have U.S. sponsors. The initiative under discussion would be a "Priority Two" refugee program, the sources said, similar to one opened for Afghans in 2021. If the program encourages more migrants to enter Mexico, it could tax the country's already-strained resources for dealing with migrants, the official said.

Persons: Daniel Becerril, Joe Biden's, Biden, Alicia Barcena, Ted Hesson, Dave Graham, Daina Beth Solomon, Kristina Cooke, Mica Rosenberg, Mary Milliken, Grant McCool Organizations: REUTERS, MEXICO CITY, Haitian, Nicaraguan, U.S, Biden, BIDEN, United Nations, Thomson Locations: Venezuela, Nuevo Laredo, Mexico, WASHINGTON, MEXICO, U.S, Mexican, Cuban, Latin America, Caribbean, America, Washington, Mexico City, San Francisco

☆ Republicans could filibuster the replacement of Dianne Feinstein, but it's unclear if they actually would: 'We couldn't do that'
▼ + stars: | 2023-07-01 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +7 min

They argue that Republicans could filibuster the appointment of a new senator to the Judiciary Committee. "We couldn't do that," said Republican Sen. Chuck Grassley of Iowa, who chaired the committee from 2015 to 2019. "I don't know why that would be a problem," said Republican Sen. Josh Hawley of Missouri, another member of the committee. With Feinstein absent, the Judiciary Committee could not quickly approve and send to the floor a slate of nominees that lacked GOP support. Republican Sen. Rick Scott of Florida expressed amazement that replacing Feinstein's seat could be subject to the Senate's 60-vote filibuster.

Persons: Dianne Feinstein, —, Sen, Dianne Feinstein's, Joe Biden's, Biden, Republican Sen, Chuck Grassley, Josh Hawley, Democratic Sen, Ben Cardin, Feinstein, Chuck Schumer, Lindsey Graham of, Graham —, Committee —, Mitch McConnell, Rick Scott, Anna Moneymaker, Barack Obama's, Amy Coney Barrett, Donald Trump's, Sheldon Whitehouse, Barbara Boxer, Cardin, Schumer, Ted Cruz, Cruz, McConnell, Graham, Scott, Schumer didn't Organizations: Committee, Service, Democratic, GOP, Republican, Republicans, CNN, Judiciary, California —, New York Times, Times Locations: Iowa, Josh Hawley of Missouri, Ben Cardin of Maryland, California, Lindsey Graham of South Carolina, Washington, Florida, Rhode, Ted Cruz of Texas

☆ Activist Legion Partners spots two possible paths to create value at Clear Channel Outdoor
▼ + stars: | 2023-07-01 | by ( Kenneth Squire | ) www.cnbc.com time to read: +6 min

Business: Clear Channel Outdoor is an out-of-home advertising company that offers a variety of advertising services, including through billboards, street furniture displays, transit displays and airport displays. Activist Commentary: Legion is an activist investor whose managing directors are Chris Kiper, previously of Shamrock Activist Value Fund, and Ted White, previously of European activist fund Knight Vinke. Clear Channel effectively has two business lines – Americas and Europe, each with very different business models and valuations. Moreover, since this strategic review of Europe began in December 2021, Clear Channel has announced the sales of businesses in Italy, Spain and Switzerland. CCO first announced its strategic review of the European business in December 2021 and very little has come to fruition.

Persons: Chris Kiper, Ted White, Knight Vinke, Legion, CCO, CCO's underperformance, Ken Squire Organizations: Clear, Value Fund, Legion Partners, Europe, Legion, 13D Locations: U.S, Europe, Americas, iHeartMedia, Italy, Spain, Switzerland, America

☆ Fox News Agrees to Pay $12 Million to Settle Hostile Workplace Suit
▼ + stars: | 2023-06-30 | by ( Katie Robertson | ) www.nytimes.com time to read: +2 min

The accusations against Fox by Ms. Grossberg, 42, sprung partly from the Dominion case. Ms. Grossberg joined Fox News in 2019 as a senior producer for the host Maria Bartiromo. In August 2022, she moved to Mr. Carlson’s team as the head of booking. Mr. Carlson’s staff in New York was led by Mr. Wells, the senior executive producer. After filing her lawsuits, Ms. Grossberg drip-fed audio recordings from her time at Fox to other media organizations.

Persons: Grossberg, Fox, Carlson, “ Tucker Carlson, ” Fox, Maria Bartiromo, Carlson’s, Nancy Pelosi, Wells, Rudy Giuliani, Donald J, Trump, Ted Cruz of, Bartiromo, Biden’s Organizations: Fox, Dominion, Delaware, Fox News, Mr, Republican Party Locations: Delaware, New York, Florida, Maine, Ted Cruz of Texas

Morgan Stanley co-presidents Ted Pick and Andy Saperstein are widely viewed as the front-runners for the top job, with Pick seen as having a slight edge, the person said. A Morgan Stanley spokesperson declined to comment, as did Gorman, Pick, Saperstein and Simkowitz when contacted directly. SUCCESSION PLANNINGSince taking the helm, Australian-born Gorman, 64, has transformed Morgan Stanley through a series of major deals into a wealth management powerhouse that aims to manage $10 trillion in assets. Pick, 54, heads Morgan Stanley's institutional securities group, overseeing areas including investment banking, equities and fixed income. Saperstein, 56, is in charge of the wealth management unit that has bolstered Morgan Stanley's profits in recent years.

Persons: Morgan Stanley's, James Gorman's, Gorman, Morgan Stanley, Ted Pick, Andy Saperstein, Pick, Dan Simkowitz, Morgan, Merrill Lynch, You've, you've, Peter Orszag, Kenneth Jacobs, JPMorgan Chase, Jamie Dimon, Brian Moynihan, Lananh Nguyen, Paritosh Bansal, Megan Davies, Jamie Freed Organizations: YORK, U.S . Securities, Exchange Commission, U.S, Attorney's, Southern, of, McKinsey, White House, JPMorgan, Bank of America, Thomson Locations: London, New York, of New York, Australian

“The Harvard and UNC admissions programs cannot be reconciled with the guarantees of the Equal Protection Clause. We have never permitted admissions programs to work in that way, and we will not do so today,” Roberts wrote. During oral arguments, Solicitor General Elizabeth Prelogar stressed the unique interests of the military and argued that race-based admissions programs further the nation’s compelling interest of diversity. Steve Vladeck, CNN Supreme Court analyst and professor at the University of Texas School of Law, said the decision will still not end the legal fight over college admissions. The Supreme Court stepped in to consider the case before it was heard by a federal appeals court.

Persons: John Roberts, “, ” Roberts, Clarence Thomas, ”, ” Thomas, Sonia Sotomayor, Elena Kagan, Ketanji Brown Jackson, ” Sotomayor, Sotomayor, Martin Luther King, Jackson, “ ‘, Roberts, Elizabeth Prelogar, ” Jackson, Kevin McCarthy, Republican Sen, Ted Cruz, Donald Trump, ” Trump, Mike Pence, ” Pence, Chuck Schumer, Laura Coates, Steve Vladeck, ” Vladeck, ” Long, SSFA, Loretta C, Biggs, ” Biggs, SFFA, Cameron T, Norris, Harvard “, Prelogar, Lewis F, Powell Jr Organizations: CNN, Harvard, University of North, UNC, Supreme, GOP, Republican, America, Truth, New York Democrat, University of Texas School of Law, Asian, Fair, Court, Middle, Middle District of, University, US, University of California, Bakke Locations: University of North Carolina, Independence, United States, Lower, Middle District, Middle District of North Carolina

“In this instance, the grand jury of the 228th District Court of Harris County found that no crime did occur, that no single individual was criminally responsible,” Ogg said. But a tragedy isn’t always a crime, and not every death is a homicide,” Ogg also said. He’s looking forward to getting back home after being cleared by the grand jury,” Schaffer told CNN. The grand jury met for six hours and homicide detectives testified, according to Schaffer. It was unclear at the time what Scott saw from the stage and whether he was aware of the conditions in the crowd.

Persons: Travis Scott –, Kim Ogg, John Junnell, Brett Silberstein, ” Ogg, isn’t, “, Scott, Travis Scott, ”, Ted Anastasiou, Kent Schaffer, Schaffer, ” Schaffer, Troy Finner, Mike Barrow Organizations: CNN, Harris County Institute of Forensic Sciences, District, Schaffer . Houston Police Department, Houston Fire Department, Houston Police Locations: Harris County, Harris

☆ Rudy Giuliani met special counsel prosecutors probing Trump over 2020 election
▼ + stars: | 2023-06-28 | by ( Dan Mangan | ) www.cnbc.com time to read: +3 min

Attorney for the President, Rudy Giuliani speaks to the media at a press conference held in the back parking lot of landscaping company on November 7, 2020 in Philadelphia, Pennsylvania. Rudy Giuliani, a former top lawyer for Donald Trump, met in recent weeks with federal prosecutors who are investigating the ex-president for his efforts to reverse his loss in the 2020 election, NBC News confirmed Wednesday. Trump, in an early January 2021 phone call, unsuccessfully pressured Raffensperger to "find" him enough votes in Georgia to overturn Biden's victory in that state. The joint session was interrupted for hours by a mob of Trump supporters who stormed the U.S. Capitol. Ted Goodman, a spokesman for Giuliani, said the former New York mayor met with Smith's prosecutors along with his own attorney Robert Costello in recent weeks, NBC News reported.

Persons: Rudy Giuliani, Donald Trump, Giuliani, Joe Biden's, Jack Smith's, Brad Raffensperger, Raffensperger, Biden, Trump, Ted Goodman, Robert Costello, Goodman, Costello, Fani Willis, Smith, Walt Nauta Organizations: NBC News, Wednesday, Georgia, Trump, Electoral College, U.S . Capitol, New, CNN, CNBC, White Locations: Philadelphia , Pennsylvania, Atlanta, Georgia, New York, Fulton County, Florida, Lago, Palm Beach , Florida

☆ Here are moves parents can make to help adult child become financially independent, advisor says
▼ + stars: | 2023-06-28 | by ( Jessica Dickler | ) www.cnbc.com time to read: +1 min

These days, many young adults do not become financially independent until they are well into their 20s. To be sure, inflation has made it even harder for those just starting out. But, in addition to soaring food and housing costs, millennials and Gen Z face financial challenges their parents did not as young adults: On top of carrying larger student loan balances, their wages are lower than their parents' earnings when they were in their 20s and 30s. While older generations are more likely to think their kids should be completely financially independent by the time they turn 21, young adults say that's a good age to start paying some of their own expenses, such as credit card bills and travel costs, according to a separate report by Bankrate.com. "There's definitely a disconnect between parents and adult children," said Ted Rossman, Bankrate's senior industry analyst.

Persons: Zers, Ted Rossman Organizations: Finance

☆ 3 major companies trying to move supply chains out of China, and how they're faring in their attempts to move away from the factory of the world
▼ + stars: | 2023-06-27 | by ( Huileng Tan | ) www.businessinsider.com time to read: +6 min

Ted Cannis, a senior executive at Ford, told the Financial Times in December that there is a "large-scale rethinking of logistics operations" across the auto supply chain. "The supply chain is going to be the focus of this decade," Cannis said. Among the companies Apple is relying on to make the Vision Pro is Taiwan's Foxconn — which is the main supplier shifting its supply chain away from China. The move was made after China's COVID-19 lockdowns rocked supply chain and production timelines, but prices are the real driving reason behind the move. "Right now, robustness of our supply chain also needs to be considered to ensure the stable procurement of parts."

Persons: —, Donald Trump, lockdowns, COVID, Ashutosh Sharma, Forrester, Ted Cannis, Cannis, China's, Wellsenn, Cowell, Liu Young, TSMC, Morris Chang, Chips, Dylan Patel, SemiAnalysis, Tim Cook, Fang DongxuFeature, Mazda, China's COVID, Masahiro Moro, ", Moro Organizations: Mazda, Service, Privacy, East, Ford, Financial Times, Apple, Vision, Apple's, Cowell e Holdings, Future Publishing, Reuters Locations: China, India, Zhengzhou, Henan, Vietnam, Mexico, Taiwan, Arizona, Nanjing, Fang DongxuFeature China, Japan Japanese, Japan

☆ Don't worry pizza-heads, NYC is still safe for pizza
▼ + stars: | 2023-06-27 | by ( Danielle Wiener-Bronner | ) edition.cnn.com time to read: +6 min

New York CNN —Lawmakers and prominent social media personalities have in recent days rallied against a proposed New York City rule that some say would crack down on the city’s beloved pizzerias. New York City is famously and deservedly known for its pizza. I hear New York City is trying to ban delicious pizza. New York City Mayor Eric Adams made a similar point during a press conference on Monday. So wait, did someone really throw a pizza at City Hall in protest of the proposed rule?

Persons: pizzerias, Sen, Marsha Blackburn, ” Dave Portnoy, Elon Musk, Michael Berman, Photodisc, “, Edward “ Ted ”, Michael Seilback, Pizza's, Artem Vorobiev, ”, Garima, Seilback, Eric Adams, wouldn’t, Adams Organizations: New, New York CNN — Lawmakers, Tennessee, Barstool Sports, Twitter, City Hall, City, city’s Department of Environmental, CNN, New York City Department of Environmental, Edward “ Ted ” Timbers, NYC Department of Environmental, American Lung Association, Getty, Columbia University, New York City Locations: New York, New York City, York City

☆ Connor McDavid wins third Hart Trophy for NHL’s MVP after near unanimous vote
▼ + stars: | 2023-06-27 | by ( Ben Morse | ) edition.cnn.com time to read: +3 min

CNN —Connor McDavid won his third Hart Trophy – awarded to the NHL’s most valuable player – on Monday after a near unanimous vote. McDavid enjoyed a stellar season for the Oilers, leading the league in goals, assists and points. Although the 26-year-old has yet to taste Stanley Cup success, the importance of his personal accolades is hugely significant to Hart. “Certainly, it’s not lost on me what these trophies mean in the grand scheme of our game,” McDavid said. The accolade is presented “to the most outstanding player in the NHL,” as voted by fellow members of the NHL Players’ Association.

Persons: CNN — Connor McDavid, –, David Pastrňák, McDavid, Hart, “, it’s, ” McDavid, I’m, Wayne Gretzky, Bobby Clarke, Bobby Orr, Alex Ovechkin, Gretzky, Ben Stelter, Stelter, Ted Lindsay, Jason Kempin, Ben, ”, Maurice Richard Trophy –, ” – Organizations: CNN, Edmonton Oilers, Boston Bruins, Oilers, Edmonton, NHL, NHL Players ’ Association, Art Locations: glioblastoma

Ron DeSantis of Florida are set to hold dueling events on Tuesday in New Hampshire, but from vastly different political positions: one as the dominant front-runner in the state, the other still seeking his footing. Mr. Trump sees the first primary contest in New Hampshire as an early chance to clear the crowded field of rivals. And members of Team DeSantis — some of whom watched from losing sidelines, as Mr. Trump romped through the Granite State in 2016 on his way to the nomination — hope New Hampshire will be the primary that winnows the Republican field to two. “Iowa’s cornfields used to be where campaigns were killed off, and now New Hampshire is where campaigns go to die,” said Jeff Roe, who runs Mr. DeSantis’s super PAC, Never Back Down. Mr. Roe retains agonizing memories from 2016, when he ran the presidential campaign of the last man standing against Mr. Trump: Senator Ted Cruz of Texas.

Persons: Donald J, Ron DeSantis, Biden, Trump, DeSantis, cornfields, ”, Jeff Roe, Roe, Ted Cruz Organizations: Trump, Gov, Republican Party, Republican, DeSantis’s, Mr Locations: Florida, New Hampshire, Granite State, Ted Cruz of Texas

☆ 44% of people with a side hustle think they'll always need it — and more are picking one up
▼ + stars: | 2023-06-26 | by ( Gili Malinsky | ) www.cnbc.com time to read: +2 min

And when it comes to the future, 44% of side hustlers also believe they'll always need one. 'A lot of workers are underpaid'In part, many people who tack on a side hustle do so because their full-time job is not covering their expenses. The median hourly rate for a person working in the food industry is $12.49, according to the Bureau of Labor Statistics. Half of workers in North America believe they are underpaid for their job, according to a 2022 ADP survey of 3,850 North American workers. In May, inflation was up 4% year-over-year, according to the BLS.

Persons: Zers, Gen Xers, Ted Rossman, hustlers, they'll, Rossman Organizations: Bankrate, Service, Bureau of Labor Statistics, BLS Locations: North America

Search resuls for: "TED"

25 mentions found