DIRS.INFO The most relevant business & tech news

☆ Liberty Energy stock jumps after Trump picks CEO Chris Wright as energy secretary
▼ + stars: | 2024-11-18 | by ( Spencer Kimball | ) www.cnbc.com time to read: 1 min

Shares of Liberty Energy rose on Monday after President-elect Donald Trump picked CEO Chris Wright as energy secretary. Liberty Energy is an oilfield services company headquartered in Denver, Colorado with a market capitalization of $2.7 billion. Wright also serves as board member at Oklo , a nuclear startup backed by OpenAI CEO Sam Altman that is developing micro reactors. Wright will also serve as a board member of the president-elect's Council on National Energy. The CEO has denied that climate change is a global crisis that requires a transition away from fossil fuels.

Persons: Donald Trump, Chris Wright, Wright, Sam Altman Organizations: Liberty Energy, elect's, National Energy Locations: Denver , Colorado, Oklo

☆ Alan Jones: Australia police charge former radio show host with assault
▼ + stars: | 2024-11-18 | by ( Story Reuters | ) edition.cnn.com time to read: +1 min

Sydney, Australia Reuters —Australian police on Monday charged former radio show host Alan Jones with 24 assault and sexual touching offenses, indictments that followed accusations in a newspaper that Jones had assaulted young men for decades. Police allege the offenses took place between 2001 and 2019 against 8 victims, some of whom Jones knew professionally or personally. He denied the assault allegations made against him last year by the Sydney Morning Herald newspaper. A well-known conservative “shock jock,” listeners knew Jones for his sharp questions and equally sharp tongue. After leaving 2GB, he worked at a digital start-up, but had been off the air since the Sydney Morning Herald allegations were made.

Persons: Alan Jones, Jones, Michael Fitzgerald, Scott Morrison, Jacinda Organizations: Australia Reuters — Australian, Police, New South Wales police, Reuters, Sydney Morning Herald, . Police, New Zealand Locations: Sydney, Australia, New South Wales, New

☆ Meet the Press – November 17, 2024
▼ + stars: | 2024-11-17 | by ( ) www.nbcnews.com time to read: +58 min

And by the way, I do believe that President Trump has the ability to pick some really, really good people. We've seen what they've done to President Trump, we've seen the attacks that they continue to go after him with. That's - that’s being taken completely out of context. And President Trump hasn't been the one that weaponized the DOJ to go after his political enemies. I think that's a pretty controversial pick, from whatever pronoun that he or he - he or she decides to use.

Persons: KRISTEN WELKER, Donald Trump’s, SEN, LISA MURKOWSKI, SUSAN COLLINS, KEVIN CRAMER, JOHN BOLTON, Trump’s, Trump, MIKE JOHNSON, JOHN, CHUCK SCHUMER, DONALD TRUMP, Hakeem Jeffries, Markwayne Mullin, Amna Nawaz, Eugene Daniels, Jen Psaki, Lanhee Chen, it’s, Kristen Welker, Donald Trump, Matt Gaetz, Gaetz, who's, we're, Mike Johnson, Johnson, MATT GAETZ, Robert F, Kennedy Jr, Kennedy, he's, ROBERT F KENNEDY JR, I'm, I've, LEX FRIDMAN, Trump's, Pete Hegseth, Hegseth, ” Hegseth, SHAWN RYAN, PETE HEGSETH, Mullin, Press . SEN, MARKWAYNE MULLIN, Kristen, you've, Kristi Noem, Matt Gaetz's, they're, Matt, Here's, We've, we've, Biden, Hunter Biden, didn't, Trump hasn't, Garland, Pete, Bobby Kennedy, Bobby, Rachel, Sam, There's, Pete Buttigieg, Let's, Kristen –, there's, let's, Chuck Schumer, Obama, Canning, we'll, He's, Jeffries, HAKEEM JEFFRIES, Roe, Wade, Pelosi's, Pelosi, It's, Nancy Pelosi, Jim Clyburn, Steny Hoyer, That's, should've, Kamala Harris, it's, Matt Gaetz –, Tulsi Gabbard, Debbie Wasserman Schultz, DEBBIE WASSERMAN SCHULTZ, Assad, She's, Dick Durbin, Donald Trump's, Politico “ Playbook, AMNA NAWAZ, Jim Mattis, Rex Tillerson, John Kelly, Eugene, EUGENE DANIELS, –, Susan Collins, hasn't, LANHEE CHEN, aren't, Doug Burgum, Marco Rubio, Elise Stefanik, Jen, JEN PSAKI, – AMNA NAWAZ, that's, Thune, Biden's, George W, Bush, Joe Biden, JOE BIDEN, – I’ve, —, – JEN PSAKI, Elizabeth Warren, Bernie Sanders, We're, We'll Organizations: GOP, Democratic, Oklahoma, PBS, White House Press, Hoover Institution, Press, NBC, Department of Justice, Mar, FBI, CDC, ATF, DOJ, NBC News, Republicans, of Health, Human Services, Defense, Fox News, Police, Republican, Pentagon, Press ., Trump, Senate, Biden, White, Justice Department, America, Senate Armed Services Committee, The Washington, HHS, of Energy, Department of Transportation, RFK Jr, ’, House Democratic, Democracy, REP, House Democrats, Social, Medicare, Democrats, Committee, of, Politico, Stanford University, Trump’s, Gaetz, Department of Defense, Office, Mr, Republican Party, Democratic Party Locations: Washington, America, Florida, Monterey , California, States, Oklahoma, Russia, United States, Afghanistan, Iraq, New York, American, Syria, Russian, Will, California, –, Trump

☆ Russia targets Ukraine’s power grid in ‘massive’ missile strike, officials say
▼ + stars: | 2024-11-17 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +3 min

KYIV — Blasts rang out across Ukraine’s capital Kyiv and other cities early on Sunday, as Russia staged its biggest missile attack since August and targeted power facilities with the winter setting in, officials said. “Another massive attack on the power system is under way. The enemy is attacking electricity generation and transmission facilities throughout Ukraine,” Ukrainian Energy Minister German Galushchenko wrote on Facebook. Officials often withhold information on the state of the power system because of the war. In Kyiv, the roof of a residential building caught fire due to falling debris and at least two people were hurt, city officials said on the Telegram messaging app.

Persons: German Galushchenko, extinguishes, ”, Andrii Sybiha, Vladimir Putin, Olaf Scholz, Poland “, Vitali Klitschko Organizations: Ukrainian Energy, German, Facebook, Ukrainian Emergency, AFP, HANDOUT, Getty, Authorities, NATO Locations: Kyiv, Russia, Ukraine, Mykolaiv, Handout, AFP, Dnipropetrovsk, Volyn, Zaporizhzhia, Odesa, Kryvyi, Rivne, Poland

☆ Biden makes first presidential visit to the Amazon as incoming Trump administration poses a threat to climate fight
▼ + stars: | 2024-11-17 | by ( Kevin Liptak | ) edition.cnn.com time to read: +3 min

Standing on a dirt path with lush palms and other foliage behind him, Biden described the fight against climate change as a “defining” part of his presidency. And he pledged billions to help nations bolster resilience against climate change. President Joe Biden, in Marine One, takes part in an aerial tour of the Amazon during his visit to Manaus, Brazil, on November 17, 2024. Trump has already vowed to withdraw again from the Paris climate accord, which Biden entered back into when he took office four years ago. Trump and his team have pledged to ease restrictions on oil and gas exploration that Biden put in place.

Persons: Joe Biden, Donald Trump, Biden, Trump, “, ” Biden, ”, Saul Loeb Organizations: Rio de Janeiro CNN, Amazon, Marine, Rio Negro Locations: Rio de Janeiro, America, Manaus, Brazil, Marine, Paris, South America

☆ Democrats are hoping blue states can hold the line in their battle against Trump's second-term agenda
▼ + stars: | 2024-11-17 | by ( John L. Dorman | ) www.businessinsider.com time to read: +4 min

AdvertisementDemocrats hope blue states can be the party's redoubt against Trump's second term. Democrats are also lining up lawyers to stymie Trump's agenda and planning for 2028. And as Trump's first term progressed, Democrats remained laser-focused on opposing him. The newspaper reported that advocacy groups are rallying hundreds of attorneys to fight Trump's agenda from the start of the president-elect's second term. Pritzker pledged to work with the Trump administration but also called himself a "warrior" for his state.

Persons: stymie, Kamala Harris, Joe Biden, Donald Trump, Trump's, Skye Perryman, Harris, Trump, Gavin Newsom, JB Pritzker, Gretchen Whitmer, Newsom, Pritzker, Illinoisans, Whitmer Organizations: White, Democratic Party, Democratic, The New York Times, Trump, US Supreme, Times, Democracy, Illinois, Michigan Locations: Washington, California, Michigan, Illinois, Sacramento

☆ Biden authorizes Ukraine to use powerful ATACMS to strike inside Russia
▼ + stars: | 2024-11-17 | by ( Katie Balevic | Jake Epstein | ) www.businessinsider.com time to read: +2 min

AdvertisementPresident Joe Biden will allow Ukraine to strike Russia with US-provided long-range missiles. The US previously restricted Ukraine from striking Russia with the powerful ATACMS. President Joe Biden has authorized the use of powerful, US-provided long-range missiles for Ukraine to strike inside Russia, according to multiple reports. Biden's decision will allow Ukraine to train its sights on some 245 Russian targets using ATACMS. Beyond the US-provided missiles, Kyiv also fields long-range cruise missiles that the UK and France provided.

Persons: Joe Biden, Donald Trump's, Volodymyr Zelenskyy, Biden, Zelenskyy Organizations: Army Tactical Missile Systems, New York Times, Kyiv's, ATACMS, Military, The Defense Department, White House National Security Locations: Ukraine, Russia, North Korea, Russia's Kursk, Sunday, Kursk, Kyiv, Russian, United States, France

☆ Morgan Stanley picks China stocks to ride out a worst-case scenario in U.S. tensions
▼ + stars: | 2024-11-17 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +4 min

For investment options, she referred to the firm's survey of China stocks the investment bank's analysts already cover. Morgan Stanley's basket of bear case stocks only includes overweight-rated names with a dividend yield above 4% this year. The companies must not be on Morgan Stanley's lists of stocks at a disadvantage from Republican policy and supply chain diversification. Morgan Stanley expects Tingyi's earnings per share to grow 12% this year and 11% in 2025. Sinotruk earnings can grow 18% this year and 17% next year, according to Morgan Stanley estimates.

Persons: Morgan Stanley, Laura Wang, Morgan Stanley's, Morgan Stanley's Wang, Morningstar, Claire Liang, Liang, Donald Trump, Trump Organizations: Kong, PepsiCo, Services, Cosco Shipping Energy Transportation, China, CNBC, Republican Party, U.S . Congress Locations: China, Hong Kong, Asia, Europe, Mexico

☆ Russia targets Ukraine's power grid in 'massive' missile strike, officials say
▼ + stars: | 2024-11-17 | by ( ) www.cnbc.com time to read: +3 min

Blasts rang out across Ukraine's capital Kyiv and other cities early on Sunday, as Russia staged its biggest missile attack since August and targeted power facilities with the winter setting in, officials said. "Another massive attack on the power system is under way. Officials often withhold information on the state of the power system because of the war. "Russia launched one of the largest air attacks: drones and missiles against peaceful cities, sleeping civilians, critical infrastructure," said Foreign Minister Andrii Sybiha. In Kyiv, the roof of a residential building caught fire due to falling debris and at least two people were hurt, city officials said on the Telegram messaging app.

Persons: German Galushchenko, Andrii Sybiha, Vladimir Putin, Olaf Scholz, Vitali Klitschko Organizations: Ukrainian Energy, German, Facebook, Authorities, NATO Locations: Kyiv, Russia, Ukraine, Dnipropetrovsk, Volyn, Mykolaiv, Zaporizhzhia, Odesa, Kryvyi, Rivne, Poland

☆ Biden’s green light for Ukraine to use ATACMS in Russia just raised the stakes in a war Trump will inherit
▼ + stars: | 2024-11-17 | by ( Nick Paton Walsh | ) edition.cnn.com time to read: +3 min

Kyiv loudly decries the refusal, and just when the request seems to have been parked, the Biden administration approves it. Is it too late for the US-made Army Tactical Missile Systems, or ATACMS, to make a difference if it hits targets deep inside Russia? The answer is complex and perhaps explains some of the reluctance of the Biden administration to grant permission. Secondly, Ukraine has been able to penetrate deeper inside Russia using domestically manufactured and cheaper drones. Thirdly, the permission to use US precision missiles to hit deeper inside Russia is, as it sounds, quite provocative.

Persons: Joe Biden, Biden, HIMARS, Abrams, Russia –, Donald Trump Organizations: CNN, Army Tactical Missile Systems, Analysts, Institute for, United, NATO, America Locations: Ukraine, Russia, Kyiv, ATACMS, United States, Moscow, Europe, Kursk

☆ Russia launched 'massive' overnight attack on Ukraine, firing around 120 missiles and 90 drones, Kyiv says
▼ + stars: | 2024-11-17 | by ( Mikhaila Friel | ) www.businessinsider.com time to read: +2 min

AdvertisementRussia launched a "massive" overnight attack on Ukraine, Ukrainian President Volodymyr Zelenskyy said. Ukrainian President Volodymyr Zelenskyy said Russia launched a "massive combined attack" on Ukraine overnight, targeting energy infrastructure across the country. Writing on X, Zelenskyy said that Russia fired around 120 missiles and 90 drones at Ukraine from Saturday night to Sunday morning. It said the missiles fired in the attack included Kalibr cruise missiles, Kinzhal ballistic missiles, and a Zircon hypersonic missile, among others. AdvertisementMore than 140 aerial targets were taken out by Ukraine's air defenses overnight, the air force said.

Persons: Volodymyr Zelenskyy, Zelenskyy Organizations: Russia, Center for Strategic, International Studies, Kremlin, Armed Forces, Business Locations: Ukraine, Russia, Ukrainian, Mykolaiv, Washington, Moscow, Iran, North Korea, China

☆ Russia hits power grid with one of its largest-ever attacks on Ukraine, foreign minister says
▼ + stars: | 2024-11-17 | by ( Sophie Tanno | Maria Kostenko | ) edition.cnn.com time to read: +1 min

CNN —Russia has launched one of the largest aerial attacks on Ukraine, Ukraine’s foreign minister said, hitting energy infrastructure across the country, killing at least two people, and causing widespread damage. Strikes were reported in several major cities, from Odesa in the south, Dnipro in the east to RIvne in the west. Ukraine’s President Volodymyr Zelensky said approximately 120 missiles and 90 drones were launched overnight in the Russian attack. Unfortunately, some facilities sustained damage from direct hits and falling debris,” Zelensky said Sunday morning. The Ukrainian leader added that some areas remain without power, which authorities are working to restore.

Persons: –, Andrii Sibyha, Sibyha, Vladimir Putin’s, Olaf Scholz, Putin, Volodymyr Zelensky, Zelensky Organizations: CNN, Authorities, Kyiv, Ukraine’s Locations: Russia, Ukraine, Odesa, Dnipro, RIvne, Kyiv –, Ukaine

☆ 4 ways Trump's housing plans are expected to hurt homebuyers and 3 ways they could help
▼ + stars: | 2024-11-17 | by ( Eliza Relman | ) www.businessinsider.com time to read: +8 min

AdvertisementHigh housing costs, driven in large part by a shortage of homes, are keeping inflation sticky. Economists say Trump's proposals are a mixed bag; some could help housing costs and some could hurt. Ultimately, housing policy experts and industry leaders say housing costs will largely depend on how much new supply can be delivered to the market, which is suffering from a severe shortage of homes. Federal housing assistanceDuring his first term, Trump repeatedly proposed major cuts to housing assistance for households with low incomes or members with disabilities. This would make it harder for lower-income Americans to afford homes and slow down affordable housing construction.

Persons: Trump, Donald Trump, Karoline Leavitt, Vance, Jim Tobin, Tobin, Maurice Page, JD Vance, they're, Anirban Basu, Biden, Ben Metcalf, Metcalf Organizations: Federal Reserve, Trump, National Association of Home Builders, Biden, Administration, Nevada Housing Coalition, Business, Energy, Associated Builders and Contractors, Economic, of New, Reserve, UC Berkeley, Immigrants, Republican Locations: Nevada , Arizona, Utah, of New York, China

☆ New Yorkers have experienced tornadoes, an earthquake and an extreme fire season this year
▼ + stars: | 2024-11-17 | by ( Alaa Elassar | Leigh Waldman | ) edition.cnn.com time to read: +9 min

Throughout the summer, multiple towns experienced tornadoes, according to the National Weather Service. In July, an EF2 tornado passed through Rome during a severe storm that killed one person and caused widespread damage. There are currently 13 wildfires across the state encompassing more than 5,000 acres, according to Governor Kathy Hochul’s office. An 18-year-old New York State Forest Ranger volunteer and state employee died on November 9 when a tree fell while he was responding to the wildfire in Greenwood Lake. New York City alone has experienced over 230 brush fires since October 29, according to the New York City Fire Department.

Persons: John Towsen, Riley Kellogg, ” Towsen, ” Kellogg, ” Riley Kellogg, CNN It’s, Kathy Hochul’s, Jennings, ”, “, “ Everything’s, There’s, Stephanie Spera, Brenda Ekwurzel, Spera, Kellogg, Esler, Maureen VanHouten, ” Maureen, ” Tom Howley, Greenwood, ” Howley, “ I’ve, I’m, ” Spera Organizations: , New York CNN, CNN, National Weather Service, York State Forest Ranger, New, New York City Fire Department, New York City Emergency Management Department, “, Washington DC, University of Richmond, ” Earthquakes, Union of Concerned, National Oceanic, Atmospheric Administration, Center, Climate, Energy Solutions Locations: Greenwood, , New York, Greenwood Lake, New York City, Sterling, Rome, Buffalo, New Jersey, New York, York, Prospect, Philadelphia , New York, Boston, Northeast, Towsen

☆ 5 things we're watching in the stock market in the week ahead
▼ + stars: | 2024-11-17 | by ( Zev Fima | ) www.cnbc.com time to read: +10 min

October retail sales, released Friday morning, came in slightly ahead of expectations, indicating a 0.4% monthly increase, versus a 0.3% increase expected. Disney's reported strong earnings and its stock advanced more than 16% for the week as a result. In the week ahead, we will get earnings from three Club names, including the highly anticipated quarter from Nvidia, and a couple of housing market-related updates. The Street is looking for Nvidia sales of $33.1 billion in its fiscal Q3 and earnings of 75 cents per share. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Donald Trump, Friday's, Jerome Powell, Powell, That's, YTD We're, we're, Jensen, Trump, Nvidia's, Stanley Black, Decker, Jim Cramer's, Jim Cramer, Jim, Angela Weiss Organizations: Dow, Nasdaq, Federal, Fed, Disney, Depot, Nvidia, TJX Companies, Home Goods, Blackwell, Palo Alto Networks, Home Depot, Stanley, Walmart, Viking Holdings, Sonoma, WSM, Baidu, PDD Holdings, Deere & Co, Warner Music Group, Intuit, Ross Stores, CNBC, Traders, New York Stock Exchange, AFP, Getty Locations: Maxx, U.S, China, Palo, VIK, Williams, New York City

☆ Those bold AGI predictions are suddenly looking stretched
▼ + stars: | 2024-11-17 | by ( Alistair Barr | ) www.businessinsider.com time to read: +7 min

The generative AI boom has inspired bold AGI predictions ranging from this happening in 2025, 2026, or maybe 2027. AdvertisementThat's the main reason for huge gains in recent years in the performance of AI models. AdvertisementHorowitz noted several factors that are holding back AI model improvements, including a lack of new high-quality human data and problems sourcing the extra energy needed to power AI data centers. AGI questionsIf the main tried-and-true method for improving AI models is no longer working, we are unlikely to get AGI anytime soon. Altman's bold AGI predictions may also be an effective rallying cry for hard-working OpenAI employees.

Persons: Sam Altman, there's, that's, Oren Etzioni, Etzioni, Ilya Sutskever, Noam Brown, Google hasn't, Marc, Ben, Marc Andreessen, Ben Horowitz, Andreessen, Horowitz, we're, OpenAI, Altman, we've, AGI, Elon Musk, It's Organizations: YouTube, Allen Institute, Tech, Reuters, Orion, Bloomberg, Google, AGI, Microsoft, Intel, Computer, Artificial Intelligence Locations: Seattle

☆ Trump picks oil industry CEO Chris Wright as Energy Secretary
▼ + stars: | 2024-11-16 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +2 min

President-elect Donald Trump said on Saturday that oil and gas industry executive Chris Wright, a staunch defender of fossil fuel use, would be his pick to lead the Department of Energy. Wright is the founder and CEO of Liberty Energy, an oilfield services firm based in Denver. He has stood out among oil and gas executives for his freewheeling style, and describes himself as a tech nerd. The secretary also oversees the aging U.S. nuclear weapons complex, nuclear energy waste disposal, and 17 national labs. If confirmed by the Senate, Wright will replace Jennifer Granholm, a supporter of electric vehicles, emerging energy sources like geothermal power and a backer of carbon-free wind, solar and nuclear energy.

Persons: Donald Trump, Chris Wright, Wright, we’re, ” Wright, Biden, Trump, Jennifer Granholm Organizations: Department of Energy, Liberty Energy, Strategic Petroleum Reserve, Office, Senate, Republicans, Democrats Locations: Denver, Soviet, U.S, —, United States

The U.S. on Saturday reported its first case of a more aggressive strain of mpox: an individual in California who had recently traveled from Eastern Africa. It is classified into two distinct groups: the more aggressive strain, clade I, and a somewhat milder strain, clade II. In the current outbreak, clade I has been spreading largely through contact with infected animals and transmission within households, according to disease experts. But a version of the strain, clade Ib, has also spread through sexual contact among female sex workers and men who have sex with men in Congo. That’s compared to a 0.2% global fatality rate for the 2022 outbreak.

Persons: “, Marc Siegel Organizations: California Department of Public Health, Centers for Disease Control, CDC, World Health Organization, Democratic, George Washington School of Medicine, Health Sciences, of Health, Human Service, Health Locations: California, Eastern Africa, San Mateo County, U.S, Africa, Central Africa, East Africa, Democratic Republic of Congo, Sweden, Thailand, Germany, India, United Kingdom, Congo

For Brandon Mintz, it was the text messages and calls that started rolling in from friends and colleagues asking how high bitcoin prices could go. Strategic reserve could set off 'bitcoin space race'Under this idea, the U.S. would establish a “strategic bitcoin reserve,” like the ones it already maintains for gold and oil. A day later, Trump echoed the strategic reserve idea, though did not put a specific figure on it. On Nov. 6, Lummis posted on X in all-caps, “WE ARE GOING TO BUILD A STRATEGIC BITCOIN RESERVE,” alongside two American flags. For crypto supporters, a strategic bitcoin reserve would send a signal to markets and countries alike about the digital token’s value.

Persons: Brandon Mintz, Lee Bratcher, Donald Trump’s, Bratcher, ”, Trump’s, ’, Mintz, ” Mintz, they’ve, ‘, Ric Edelman, ” Edelman, JP Richardson, Trump, Nicholas Percoco, ” Percoco, —, Robert F, Kennedy Jr, Human Services —, Sen, Cynthia Lummis, Lummis, David Bailey, Michael Terpin, “, ” Terpin, He’s Organizations: American Blockchain, Republican, Texas Blockchain, NBC News, FBI, Trump, Securities and Exchange Commission, Commodity Futures Trading Commission, Edelman Financial Services, Liberty, Strategic, Bitcoin Conference, Department of Health, Human Services, Social Security, BTC Inc, Bitcoin Locations: Texas, Dallas, Bitcoin, bitcoin, U.S, Nashville

WASHINGTON — President-elect Donald Trump’s consistent campaign pledge to impose sweeping tariffs on products imported into the U.S. is likely to face stiff challenges in court and potentially pushback from Congress. There are potential legal limits to Trump’s authority, even though he has said he would unilaterally impose the increases. But a broad array of tariffs on allies “could cross the line,” especially as the Supreme Court has taken a generally pro-business stance in recent years, he added. During the Biden administration, the Supreme Court embraced a theory called the “major questions doctrine.” Biden’s ambitious plan to wipe out billions of dollars in student debt was one of the proposals the Supreme Court faulted. The Supreme Court declined to take up the issue.

Persons: Donald Trump’s, Trump, he’s, Joe Biden, ”, Alan Morrison, “, ” Morrison, ‘, ” Trump, Ed Brzytwa, Brzytwa, Sen, Rand Paul, Rick Scott, ” Scott, Petros Mavroidis, ’, Jennifer Hillman, Hillman, Biden, Matt Priest, “ We’ll, ” Priest Organizations: WASHINGTON, China . Industry, George Washington University Law School, Chicago Economic Club, National Bureau of Economic Research, Federal Reserve Board, Consumer Technology Association, “ Consumers, CTA, Fox News, Sunday, Republicans, Columbia Law School, Georgetown Law Center, of International Trade, Trump, Appeals, Federal Circuit, Supreme, Federal Communications, Federal Energy Administration, Footwear Distributors, Retailers of America Locations: U.S, Congress, China, United States, Ky, Canada

☆ This is the anti-ESG venture capital firm that Donald Trump Jr. is joining instead of taking a White House role
▼ + stars: | 2024-11-16 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +4 min

AdvertisementDonald Trump Jr. will not take on a White House role, opting instead for the VC firm 1789 Capital. The venture capital firm that Donald Trump Jr. is reportedly joining eschews investments that push social and environmental issues and instead focuses on what it calls "EIG," or entrepreneurship, innovation, and growth. Like 1789 Capital, Trump Jr. has long been a proponent of the parallel economy, also called the "patriot economy," a term used by MAGA conservatives to refer to businesses that align with their traditional values. And Trump Jr.'s connection to Malik, the president of 1789 Capital, includes the pair's mutual support of a parallel economy platform called PublicSquare. Representatives for Trump Jr. through the Trump Organization and the Trump transition team didn't respond to a request for comment from BI.

Persons: Donald Trump Jr, Omeed Malik, Tucker, EIG, —, Tucker Carlson's, Donald Trump's, Omeed Malik —, Christopher Buskirk, Malik, Buskirk, deglobalization, MAGA, Trump, Malik didn't, Tucker Carlson, Jordan Cohen Organizations: The New York Times, Bloomberg, Trump Jr, Bank of America, Farvahar Partners, Trump, Republican National Committee, New York Stock, Time Magazine, Tucker Carlson Network, Fox News, Trump Organization Locations: The Florida, Beach , Florida

☆ Why an entrepreneur has no regrets about moving from Hawaii back to her Kansas hometown
▼ + stars: | 2024-11-16 | by ( Madison Hoff | ) www.businessinsider.com time to read: +5 min

AdvertisementAudra Dinell doesn't regret moving from Hawaii to her home state of Kansas in 2020. Kansas has a lower cost of living than Colorado and Hawaii, the states Dinell lived in previously. Audra Dinell, 38, said her move back to Kansas from Hawaii felt like she was starting over. "We miss a lot of things about the places we left — the people, culture, mountains, and ocean — but no, we do not have any regrets about moving back to Kansas," Dinell, who moved from Kansas to Colorado before living in Hawaii, said. "I have friends who have visited us from Hawaii, Colorado, many different cities, South Carolina, and they're always so surprised," she said.

Persons: Audra Dinell, Dinell, I've, she's, they're Locations: Hawaii, Kansas, Midwest . Kansas, Colorado, Wichita , Kansas, Honolulu, Wichita, , Kansas, Hawaii and Colorado, Colorado . In Hawaii, Hawaii , Colorado, South Carolina

☆ China willing to be partners, friends with US, Chinese envoy says
▼ + stars: | 2024-11-16 | by ( ) www.cnbc.com time to read: +2 min

The national flags of the United States and China flutter at the Fairmont Peace Hotel on April 25, 2024 in Shanghai, China. China is willing to be partners and friends with the United States, China's ambassador to Washington said, seeking to strengthen dialogue between the world's two largest economies. China has no plan to surpass or replace the United States, Xie Feng said in a speech in Hong Kong on Friday, addressing Chinese officials and the U.S. ambassador to China. Chinese President Xi Jinping called on Friday for rejecting unilateralism and protectionism in favour of economic globalisation. However, some analysts say China's pitch as a counterbalance to a Trump-led United States has lost its shine compared to 2016, when Trump was first elected.

Persons: Xie Feng, Donald Trump's, Trump, Xi Jinping, Xie Locations: United States, China, Fairmont, Shanghai, Washington, Hong Kong, U.S, Beijing, Europe, Asia, Trump, Taiwan, Taipei

☆ Russia pumping gas via Ukraine but volumes to Austria cut
▼ + stars: | 2024-11-16 | by ( ) www.cnbc.com time to read: +2 min

Last week, Gazprom accused Ukraine of withholding gas supplies destined for Moldova and threatened to reduce those flows, although Ukraine denied the accusation. Russian gas giant Gazprom continued to pump steady volumes of gas to Europe via Ukraine on Saturday, but supplies to Austrian energy company OMV were halted hours after Vienna said Russia had given notice it would cut off flows. Gazprom said it would send 42.4 million cubic metres of gas to Europe via Ukraine on Saturday, the same volume as on Friday. Flows into Slovakia from Ukraine were stable but nominations for flows to Austria from Slovakia were around 16% below averages seen this month, data from transmission system operator Eustream showed. OMV usually accounts for around 40% of Russian gas flows via Ukraine, or some 17 mcm per day.

Persons: Moscow, OMV, Chancellor Olaf Scholz, Vladimir Putin, Donald Organizations: Gazprom Locations: Ukraine, Moldova, Europe, Austrian, Vienna, Russia, Germany, Soviet, Kyiv, Slovakia, Czech Republic, Austria

☆ Tesla Cybertrucks have joined the growing number of luxury EVs that can now be leased
▼ + stars: | 2024-11-16 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +3 min

Part of the reason is due to a tax credit program that the Cybertruck has been largely left out of. Tesla is offering the Cybertruck for lease a year after the EV company made its first deliveries to customers. However, leasing an EV offers buyers another way to take advantage of the tax credit program without meeting every requirement. Through what's known as a "leasing loophole," dealerships can receive the tax credit and choose to pass those savings on to the buyer or lessee. But Tesla's Cybertruck has largely been left out of the federal incentive program.

Persons: Tesla, Elon Musk's, Rivian, Tesla's Cybertruck Organizations: EV, Biden, Internal, Department of Energy's

Search resuls for: "ENERGY"

25 mentions found