DIRS.INFO The most relevant business & tech news

☆ Georgia Gov. Brian Kemp: UAW Shawn Fain's 'Bernie Sanders-type tactics' won't play well in the South
▼ + stars: | 2024-04-19 | 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 EmailGeorgia Gov. Brian Kemp: UAW Shawn Fain's 'Bernie Sanders-type tactics' won't play well in the SouthGeorgia Governor Brian Kemp joins 'Squawk Box' to discuss the UAW's push to unionize thousands of autoworkers in the South, why he believes unionization efforts could result in layoffs, state of the U.S. economy, inflation concerns, the EV market, and more.

Persons: Brian Kemp, Shawn Fain's, Bernie Sanders Organizations: Georgia, South Georgia, EV Locations: U.S

☆ Why Georgia continues to be a jump ball for Biden and Trump ahead of November
▼ + stars: | 2024-04-14 | by ( John L. Dorman | ) www.businessinsider.com time to read: +5 min

Both Biden and Trump view Georgia as a highly-coveted electoral prize in the 2024 election. AdvertisementSo Georgia remains a highly-competitive swing state, with both Biden and former President Donald Trump hoping to win its 16 electoral votes. A view of the gold-domed Georgia State Capitol and downtown Atlanta. In last month's Georgia GOP presidential primary, Trump easily defeated his onetime opponent, former UN ambassador Nikki Haley. A bulk of Haley's voters came from the Atlanta metropolitan area, primarily in suburbs where Trump was tripped up by Biden in 2020.

Persons: Biden, —, Joe Biden's, Raphael Warnock, Jon Ossoff, Brian Kemp's, Stacey Abrams, Donald Trump, Brynn Anderson, Trump, Biden eked, Steve Helber, Henry, Barack Obama, Jason Allen Will, Nikki Haley, Haley, weren't, Kemp, Brad Raffensperger, Raffensperger Organizations: Biden, Trump, Service, Black, Democratic, Georgia, Republicans, GOP, CBS News, Marist, Marist Georgia Poll, Georgia State Capitol, AP, The, Cobb, Fulton County Locations: Georgia, Atlanta, Arizona , Michigan, Nevada , North Carolina , Pennsylvania, Wisconsin, The Atlanta, Fulton County, Gwinnett, Clayton , DeKalb

☆ Sam Bankman-Fried was the 'the poster child' of the effective altruism movement, now the charity he bankrolled is shutting down
▼ + stars: | 2024-04-06 | by ( Nathan Rennolds | ) www.businessinsider.com time to read: +3 min

An "effective altruism" charity backed by Sam Bankman-Fried is set to close. The jailed former crypto billionaire was a major proponent of effective altruism. AdvertisementA UK-based "effective altruism" charity funded by the disgraced former cryptocurrency billionaire Sam Bankman-Fried is set to close. Effective Ventures Foundation UK, originally incorporated in 2012, reported income of more than £140 million in 2022, which is around $177 million as of April 2024. The UK Charity Commission also opened an inquiry into Effective Ventures UK in December 2022 in order to assess any potential risks to the charity's assets.

Persons: Sam Bankman, —, Luke Kemp, Michael Lewis, Fried Organizations: Service, Ventures Foundation, University of Oxford, University of Cambridge's, Harvard Law School, Alameda Research, Financial Times, UK, Commission, Ventures UK Locations: Oxford, Silicon Valley, FTX

☆ Georgia elections: GOP lawmakers back broad changes, including one that could benefit third-party presidential contenders
▼ + stars: | 2024-04-01 | by ( Fredreka Schouten | ) edition.cnn.com time to read: +3 min

That could benefit third-party or independent presidential candidates in a state that Joe Biden narrowly carried over Donald Trump in 2020. A super PAC backing independent candidate Robert F. Kennedy Jr. said in February that it had gathered enough signatures in Georgia for Kennedy to make the ballot. Currently, independent or third-party candidates must collect at least 7,500 signatures from registered Georgia voters to qualify for the ballot in the state. A separate provision of the election legislation would broaden what constitutes “probable cause” needed to uphold challenges to voter registrations. Voting rights groups have objected to several provisions in the legislation, including the rules regarding voter challenges.

Persons: Brian Kemp’s, Joe Biden, Donald Trump, Robert F, Kennedy Jr, Kennedy, Nicole Shanahan, Cornel West, Trump, Kemp, Garrison Douglas, John LaHood, CNN’s Aaron Pellish Organizations: CNN — Republican, Georgia Gov, Biden, Georgia, Republicans, Republican, Rep, The Atlanta, Constitution Locations: Georgia, California

The ruling was not related to a defense effort to disqualify Fani T. Willis, the district attorney of Fulton County, Ga., who is leading the case. Count 5 concerned a call that Mr. Trump made to David Ralston, who was then the speaker of the Georgia House. During that conversation Mr. Trump pressed Mr. Ralston to call a special legislative session to appoint new electors. Mr. Trump and his former personal lawyer, Rudolph W. Giuliani, had faced the most charges, at 13 apiece. They include Mark Meadows, the former White House chief of staff, and John Eastman, a legal architect of the plot to deploy fake electors in swing states that Mr. Trump lost.

Persons: Donald J, Trump, Scott McAfee, Fani, Willis, “, importuned, Brad Raffensperger, ”, McAfee, Steven H, Count, Raffensperger, Joseph R, Biden, David Ralston, Ralston, Rudolph W, Giuliani, Mark Meadows, John Eastman, Ray Smith III, Robert Cheeley, Anthony Michael Kreis, Kreis, Donald Trump, ” Norman Eisen, Eisen, Smith’s, Don Samuel, Ray Smith, Brian Kemp of, Nathan Wade Organizations: Fulton Superior Court, Prosecutors, Count, Trump, White House, Georgia State University, Act . Defense, Gov, Republican Locations: Atlanta, Georgia, Fulton, Fulton County ,, Brian Kemp of Georgia

☆ Nikki Haley received roughly 20,000 Election Day votes over Trump in the Georgia GOP primary after dropping her White House bid. Why it matters.
▼ + stars: | 2024-03-14 | by ( John L. Dorman | ) www.businessinsider.com time to read: +5 min

With no major GOP opponents, ex-President Donald Trump easily won the Georgia primary on Tuesday. But Nikki Haley still won roughly 20,000 Election Day votes despite her exit from the WH race. Statewide, Haley won about 78,000 votes in the GOP primary. And roughly 20,000 of those votes were cast on Election day, according to The Atlanta Journal-Constitution. AdvertisementThe ghost of the 2020 election still lingersIn the 2020 election, Biden won Georgia by a 0.23% margin, or roughly 12,000 votes out of roughly 5 million ballots cast.

Persons: Donald Trump, Nikki Haley, —, Donald Trump romped, Trump, Haley, Joe Biden, Raphael Warnock, Jon Ossoff, Warnock, Republican Herschel Walker, Brian Kemp's, Stacey Abrams, Kemp, Brian Kemp, Georgia, Brynn Anderson, Fulton, Biden, Cobb, Brad Raffensperger, Trump's, Raffensperger Organizations: GOP, Georgia, WH, Service, Georgia Republican, South Carolina Gov, Trump, Super, The Atlanta, UN, Georgia Republicans, Republican, Independents, Gov, AP, Peach State Republicans, Biden, Georgia . College Locations: Atlanta, Georgia, Cobb , DeKalb, Fulton, Gwinnett, Atlanta ,, —, DeKalb, Cobb, Fulton County, Trump

☆ How Georgia became America's green-manufacturing capital
▼ + stars: | 2024-03-13 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +14 min

Howey, now 30, grew up in northwestern Georgia near Dalton, a small city known as the "carpet capital of the world." SolarCycle, which reclaims old solar panels to make new ones, in February announced plans for a glass factory. The law authorized big tax credits for companies making renewable-energy technologies, including solar panels, batteries, and electric vehicles, in the US. According to S&P Global, the US imported more than two-thirds of its solar panels from Southeast Asia last year. When he sees solar panels atop the chargers, he feels pride in his job.

Persons: Robert Howey, Howey, he'd, Qcells, Catherine Boudreau, Joe Biden, Biden, Bob Keefe, Keefe, Gedia, Pat Wilson, Wilson, Brian Kemp, Benz, Dalton, Kemp, Heidi Popham, Popham, Donald Trump, Scott Moskowitz, Sen, Jon Ossoff of, Moskowitz, it's, Carl Campbell, Campbell, —, Whitfield, Jevin Jensen, Jensen, He's Organizations: US Navy, Business, Qcells, South, Hanwha, SK, Hyundai, Georgia Department of Economic, Gov, Porsche, Mercedes, SK On's, Financial Times, Georgia Northwestern Technical College, Treasury Department, P Global, Microsoft, Development Authority, Shaw Industries, Mohawk Industries, EV Locations: Georgia, Dalton, Japan, Cartersville, South Korea, Malaysia, North Carolina, China, Georgia , North Carolina, South Carolina, Savannah, Atlanta, Cartersville , Georgia, Germany, Commerce , Georgia, Southeast Asia, Korea, Jon Ossoff of Georgia, Washington, BloombergNEF, Vietnam, Whitfield County, ., Whitfield, Calhoun

☆ Zara owner Inditex climbs to all-time high as 2023 sales jump 10%
▼ + stars: | 2024-03-13 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +2 min

Shopper carrying two large shopping bags from the clothing retailer Zara on Oxford Street on 5th February 2024 in London, United Kingdom. Oxford Street is a major retail centre in the West End of the capital and is Europes busiest shopping street with around half a million daily visitors to its approximately 300 shops, the majority of which are fashion and high street clothing stores. Sales increased by 10.4% to 35.9 billion euros for the year, the company said, signaling this was a record high. Net income also reached a fresh high, after soaring by 30.3% from 2022 to reach 5.4 billion euros last year. Zara, including the Zara Home range, was the biggest contributor to sales in 2023, followed by Pull & Bear and Massimo Dutti, Inditex said on Wednesday.

Persons: Zara, Mike Kemp, Inditex, Oscar García Maceiras, Bershka, Massimo Dutti Organizations: United Kingdom ., Getty, Las Locations: London, United Kingdom, Zara, Los Angeles, Las Vegas, Spanish

As well as celebrating the year in movies, the annual extravaganza has long been the red carpet event of the year. Kevin Mazur/Getty ImagesTeo Yoo. Alberto Rodriguez/Variety/Getty ImagesJamie Lee Curtis looked elegant in a flowing black gown by Dolce & Gabbana. Kevin Mazur/Getty ImagesLeah Lewis, star of Best Animated Feature “Elemental,” looked dreamy in a layered Lever Couture gown featuring a whimsical train. Marleen Moise/Getty ImagesTaylor Zakhar Perez popped on the red carpet with a blue Prada suit styled by leading celebrity stylist Jason Bolden.

Persons: Margot Robbie who’s, “ Barbie ”, Colman Domingo, America Ferrera, Billie Eilish, Zendaya, Danielle Brooks, Mike Coppola, Andrea Riseborough, Loewe, Alberto Rodriguez, Ferrera, Richard Shotwell, Steinfeld, Elie, Sarah Meyssonnier, Huy Quan, Giorgio Armani, Jordan Strauss, Kirsten Dunst, Jesse Plemons Jordan Strauss, Louis, David Yurman, Laverne Cox, David Swanson, Issa Rae, Mark Ronson, Grace Gummer, Kevin Mazur, Teo Yoo, Barbie, Simu Liu, Sean Lennon, Kemp Muhl, Gilbert Flores, Sandra Hüller, Cartier, Justine Triet Jordan Strauss, AP Gabrielle Union, Dwyane Wade Kevin Mazur, Ludwig Göransson Kevin Mazur, Masaki Takahashi, Takashi Yamazaki, Kiyoko, Christina, Eva Longoria’s, Tamara Ralph, Rita Moreno, Reuters D'Pharaoh Woon, Chasinghorse, Jamie Lee Curtis, Omar Rudberg, Sarah Morris, WireImage, Sean Wang, Chang Li Hua, Sam Davis, Yi Yan Fuei, Chang, Yi, Leah Lewis, Gregg DeGuire, Dominic Sessa, Tom Ford, Celine Song, Reuters Marlee Matlin, Oscar, dazzled, Raymond, Marleen Moise, Ramakrishnan, Zuhair Murad, Getty, Taylor Zakhar Perez, Jason Bolden, Erika Alexander Organizations: CNN, Dolby Theatre, Hollywood’s, America, Dolce, Gabbana, Elie Saab, Louis Vuitton, Getty, AMI Paris, Variety, AP, Los Angeles Times, Reuters Locations: AFP

☆ What an intense weekend on the campaign trail tells us about a Biden-Trump matchup
▼ + stars: | 2024-03-10 | by ( Stephen Collinson | ) edition.cnn.com time to read: +11 min

An intense weekend of campaigning, with the rivals both visiting the critical swing state of Georgia, laid out the stakes of their clash – as well as their strategies and vulnerabilities. Still, a successful State of the Union address can clarify a president’s purpose not just to voters – but to himself and his own campaign. Backstage in Georgia, Trump met the parents of Laken Riley, the 22-year-old nursing student who was allegedly killed by an undocumented migrant. Biden’s campaign knows it must do more to defuse concerns about his capacity to fully serve a second term. “Here’s a guy who’s kicking off his general election campaign up the road with Marjorie Taylor Greene.

Persons: Joe Biden, Donald Trump, Biden, Trump, won’t, Aileen Cannon, Jack Smith’s, Robert Hur, Pete Buttigieg, “, Biden’s, he’ll, ”, Viktor Orbán, ” Orbán, –, Nikki Haley, Laken Riley, ” Georgia Democratic Sen, Raphael Warnock, “ craven, Riley, dithering, I’m, ” Biden, “ Donald Trump, Hur, Georgia –, “ Joe Biden, ” Warnock, Brian Kemp, hasn’t, Marjorie Taylor Greene, MAGA Organizations: CNN, GOP, Republicans, Transportation, ABC News, Trump, South Carolina Gov, CNN’s, Union, ”, ” Georgia Democratic, MSNBC, Court, Trump Republicans, Georgia Locations: Georgia, Florida, Mar, Hungarian, Hungary, CNN’s “ State, ” Georgia, State, New Hampshire , Wisconsin, Michigan, Pennsylvania, “ State

Rome, Georgia CNN —President Joe Biden and former President Donald Trump will hold dueling events Saturday in Georgia as their rematch for the White House moves from an inevitable likelihood to an inescapable reality. “Georgia has been ground zero on the national political landscape since 2018,” said Fred Hicks, a Democratic strategist based in Georgia. Trump’s Georgia headwindsBut there are headwinds for Trump in Georgia as well – many of his own making. Many in the party blamed Trump’s election denialism and criticism of mail-in ballots for lower party turnout in those runoff contests. Another Georgia Republican, Rep. Mike Collins, is scheduled to be there as well.

Persons: Joe Biden, Donald Trump, Biden, Trump, Georgia –, ”, Fred Hicks, “, Nikki Haley, It’s, Julie Chavez Rodriguez, Harris, ” Rodriguez, Andrew Heaton, Georgia Democratic Sen, Raphael Warnock, Hicks, ” Hicks, baselessly, Brad Raffensperger, – David Perdue, Kelly Loeffler –, Jon Ossoff, Warnock, Biden’s, Brian Kemp, Raffensperger, Kemp, Fani Willis, Willis, Jule Windham, Laken Riley, Marjorie Taylor Greene, Greene, “ Lincoln Riley, ” Biden, Mike Collins, Riley, Collins, “ You’re Organizations: Georgia CNN, White, Union, Biden, Trump, Georgia, Democratic, South Carolina Gov, Democrats, Senate, Georgia Democratic, MAGA, Inc, Black, Democratic Party, GOP, Georgia Gov, Republican, CNN, University of Georgia, Georgia Rep, Georgia Republican Locations: Rome, Georgia, Atlanta, Peach State, “ Georgia, Mexico, State, Philadelphia, New Hampshire , Wisconsin, Michigan, Trump’s Georgia, Fulton County, Macon County, Middle Georgia, Greene’s Georgia, Collins ’

☆ Space company Astra going private to avoid bankruptcy after dismal public run
▼ + stars: | 2024-03-07 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +1 min

Space company Astra will go private in a cut-rate deal with its founders after a dismal run as a publicly-traded stock. A special committee of the board, with Kemp and London abstaining, voted in favor of the take-private plan. Astra's stock, halted at 85 cents a share near the time of the announcement, closed at 58 cents a share Thursday. The San Francisco-area company, incorporated in 2016, once aimed to mass produce small rockets and conduct launches as often as daily. Since its stock debut, Astra's rockets reached orbit twice – but the company also suffered three launch failures.

Persons: Chris Kemp, Adam London, –, Kemp Organizations: Astra, London, Astra's Locations: San Francisco

☆ Opinion: After Super Tuesday, the dreaded rematch is real
▼ + stars: | 2024-03-05 | by ( Opinion Patrick T. Brown | ) edition.cnn.com time to read: +7 min

But there’s also the loud minority of “Never Trump” Republicans, represented by figures like former Illinois Rep. Adam Kinzinger or former New Jersey Gov. In North Carolina, exit polls suggest Trump won a slim majority of Republican voters with a college degree. But there’s a third camp: the reluctant Republican stalwarts who are neither Always Trump nor Never Trump. In general, these Republicans tend to seek traditionally defined conservative policy victories – from school choice to tax cuts to a strong national defense. But they can also see the potential for conservative policy victories in a second Trump administration.

Persons: Patrick T, Brown, Joe Biden, pollsters, Donald Trump, denialism, suburbanites, MAGA, ”, there’s, Adam Kinzinger, Christine Todd Whitman, Trump’s, they’ve, Trump, Nikki Haley, Glenn Youngkin, Brian Kemp, aren’t, –, Inez Feltscher Stepman, Biden, FDR, Harris, Roe, Wade –, Dobbs, Wade, slog Organizations: Public Policy Center, Economic, Twitter, CNN, Biden, Trump, GOP, Republican, “, Trump ” Republicans, Illinois Rep, New, New Jersey Gov, Hilton, Republicans, Virginia Gov, Georgia Gov, Supreme, Independent, American, Democratic, Super Locations: Washington , DC, America, South Carolina, New Jersey, North Carolina, Charleston, Columbia, Georgia, Afghanistan, Ukraine, Gaza

☆ Brit Awards 2024: See who won
▼ + stars: | 2024-03-01 | by ( Dan Heching | ) edition.cnn.com time to read: +4 min

English singer-songwriter RAYE leads the contenders and has the most nominations ever at the Brits, with seven. RAYE also already won the songwriter of the year award ahead of the ceremony. In the best new artist category, RAYE is joined by Mahalia, Olivia Dean, PinkPantheress and Yussef Dayes. Frank Hoensch/Redferns/Getty ImagesThe Brit Awards event, taking place at the O2 Arena in London, is being hosted by Maya Jama, Roman Kemp and Clara Amfo. Announced performers set to take the stage include Dua Lipa, Kylie Minogue, RAYE, Tate McRae, Jungle and more.

Persons: RAYE, Blues ”, Arlo Parks, Jessie Ware, Little Simz, Olivia Dean, PinkPantheress, Dayes, Rachel Agatha Keen, Frank Hoensch, Maya Jama, Roman Kemp, Clara Amfo, Kylie Minogue, Tate McRae, Minogue, Calvin Harris, Ellie Goulding, “, ” Cassio, Raye, Central, Ed Sheeran, Hus, Drake, Kenya Grace, ” Lewis Capaldi, ” RAYE, Rudimental, Charlotte Plank, Debbie, Ella Henderson, Goddard, Darren ” J Hus, Mahalia Olivia Dean PinkPantheress RAYE, Yussef Dayes, Damien Meyer, J Hus Jessie Ware Little, Olivia Dean RAYE, Helle Arensbak, Ritzau Scanpix, Barry Can’t, Becky Hill Calvin Harris, Fred, Romy R, Cleo Sol Jorja Smith Mahalia RAYE, Calvin Harris Charli, Olivia Dean RAYE Hip, Cee Dave J Hus, Simz Calvin Harris, David Becker, Caroline Polachek CMAT Kylie Minogue Lana Del Rey Miley Cyrus Olivia Rodrigo SZA, Taylor Swift, Billie Eilish, ” David Kushner, ” Meghan Trainor, Miley Cyrus, Noah Kahan, Oliver Tree, Robin Schulz, Olivia Rodrigo, Peggy Gou, Bill ” Tate McCrae, Baser Sekou Organizations: CNN, Blues, Dua, Mahalia, O2, “ Prada, “, Getty, Arlo, Cee, Olivia Dean RAYE Group, Young, International Group, Foo, Pop Locations: United Kingdom, London, Dua Lipa, Dua, Kenya, France, Cee Dua, Aarhus, Denmark, AFP

☆ Arrest of Migrant in Georgia Killing Turns City Into Latest Battleground on Immigration
▼ + stars: | 2024-02-26 | by ( Richard Fausset | Alessandro Marazzi Sassoon | ) www.nytimes.com time to read: +1 min

When a 22-year-old nursing student was found dead on a wooded trail at the University of Georgia in what’s believed to be the first homicide on campus in nearly 30 years, it set off waves of grief and fear that shook the university to its core. But when a 26-year-old migrant from Venezuela was charged on Friday with kidnapping and murdering the student, Laken Riley, it did something else: It transformed Athens and Clarke County, a community of about 130,000 people some 70 miles east of Atlanta, into the latest flashpoint in the political fight over American immigration policy. In a social media post on Monday, former President Donald J. Trump called the suspect, Jose Antonio Ibarra, a “monster,” and blamed President Biden for an “invasion” that is “killing our citizens.” Earlier in the day, at an event at the university, Gov. Brian Kemp of Georgia decried “an unwillingness by this White House to secure the southern border.”A third Republican, Representative Mike Collins, who represents Athens, wrote on social media: “The blood of Laken Riley is on the hands of Joe Biden, Alejandro Mayorkas and the government of Athens-Clarke County,” referring to the unified city-county government.

Persons: what’s, Laken Riley, Donald J, Trump, Jose Antonio Ibarra, Biden, Brian Kemp of Georgia, “, Mike Collins, Joe Biden, Alejandro Mayorkas Organizations: University of Georgia, Gov, Republican Locations: Venezuela, Athens, Clarke County, Atlanta, Clarke

☆ Laken Riley: Vigil to be held for Augusta University student killed on UGA campus as a suspect remains in custody
▼ + stars: | 2024-02-25 | by ( Elizabeth Wolfe | ) edition.cnn.com time to read: +7 min

CNN —A vigil will be held Monday afternoon for Laken Hope Riley, an Augusta University nursing student who was found dead after jogging on the University of Georgia campus last week, as her suspected killer’s immigration status has drawn the scrutiny of Republican leaders. Riley, who was a UGA student until May 2023, was found dead Thursday near a lake on the university’s campus from blunt force trauma, according to UGA Police Chief Jeff Clark. Riley’s killing has left the University of Georgia to grieve two tragic deaths that occurred less than a day apart: Her body was discovered just hours after the death of a UGA student the previous night. The Monday afternoon vigil will be co-hosted by Riley’s Alpha Chi Omega sorority at UGA in remembrance of both of the dead students, the university said. Clark referred to Riley’s killing as a “crime of opportunity,” noting he believes the suspect acted alone.

Persons: Laken Hope Riley, Riley, Jeff Clark, Jose Antonio Ibarra, Ibarra, Clark, haven’t, ” Clark, outcries, Brian Kemp, Joe Biden, ” Kemp, Joe Biden’s, Mike Johnson, Riley’s, Biden, “, ” Jose Antonio Ibarra Clarke, Greg Abbott, Diego Ibarra, Peers, ’, ”, ” Riley, ” Laken Hope Riley, Lauren Phillips, “ I’m, LISTo, CNN’s Ashley R, Williams, Rebekah Riess, Priscilla Alvarez, Isabel Rosales, Jaide Timm, Garcia, Jamiel Lynch Organizations: CNN, Augusta University, University of Georgia, Republican, UGA, UGA Police, Investigators, GOP, Riley’s Alpha Chi Omega, Police, ” Police, Customs, Georgia Gov, Sheriff’s, Governors, Republican Texas Gov, Democratic, Biden, Pew Research, ICE, New York City, NYPD, US, Office, Middle, Middle District of Georgia, Augusta University College of Nursing, UAC, Facebook, of Nursing, Hispanic Student Association Locations: Venezuelan, Mexico, Middle District

☆ Bank of England rate cuts likely later but larger, Goldman Sachs says
▼ + stars: | 2024-02-20 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +2 min

Mike Kemp | In Pictures | Getty ImagesThe Bank of England is likely to hold interest rates higher for longer before slashing them more sharply than expected in the second half of the year, new forecasts from Goldman Sachs show. But it said the central bank was then likely to cut rates more quickly than previously anticipated as inflation shows signs of cooling. Goldman now sees five consecutive 25 basis point interest rate cuts this year, lowering rates from their current 5.25% to 4%. Bank of England Governor Andrew Bailey said Tuesday that bets by investors on interest rate cuts this year were "not unreasonable," but resisted giving a timeline. Goldman said there was a 25% chance the BOE would delay rate cuts beyond June if wage growth and services inflation remained sticky.

Persons: Mike Kemp, Goldman Sachs, Goldman, BoE, Andrew Bailey, Bailey, Huw Pill, BOE Organizations: Bank of England, of England, Treasury, Bank Locations: City of London, London, United Kingdom

CAPE CANAVERAL, Fla. (AP) — Workers from Clearwater Marine Aquarium in Florida have released 11 cold-stunned Kemp’s ridley sea turtles back into the Atlantic Ocean. The turtles were released earlier this week near Cape Canaveral after two months of rehabilitation, the aquarium said in a news release Thursday. They were part of a group of 16 turtles that arrived at the Tampa Bay area facility from the New England Aquarium in Massachusetts in December. Rehabilitation facilities in the Northeast frequently collaborate with other facilities to treat cold-stunned turtles. A total of 52 sea turtles were flown this past winter to Florida, where they were treated by Clearwater Marine Aquarium, as well as Mote Marine Laboratory, Florida Aquarium and Loggerhead Marine Life Center.

Persons: Kemp’s ridley, ridley, Dr, Shelly Marquardt Organizations: —, Clearwater Marine, New, Aquarium, Florida Fish and Wildlife Conservation Commission, Clearwater Marine Aquarium, Marine Laboratory, Florida Aquarium, Life Locations: CAPE CANAVERAL, Fla, Clearwater, Florida, Cape Canaveral, Tampa Bay, Massachusetts, ”, Cape Cod

☆ Movers are betting big on the Las Vegas real-estate market
▼ + stars: | 2024-02-11 | by ( Matt Turner | Jordan Parker Erb | ) www.businessinsider.com time to read: +4 min

On the agenda today:But first: Las Vegas, home of Super Bowl LVIII, is a popular destination for movers. Las Vegas, Nevada. AdvertisementAnd while many have jetted in for the big game, from regular fans to the billionaire types, others are making a more permanent move to Las Vegas. Las Vegas ranked second for middle-class movers from out of state, according to a recent report based on 2022 tax data. AdvertisementAnd there’s still plenty of opportunity for cities like Las Vegas to sell themselves to potential new residents.

Persons: —, George Rose, he’d, Cameron Spencer, Jenny Chang, Rodriguez, it’s, Mike Kemp, Alyssa Powell, Meta, Rebecca Zisser, cubicles, — Misha Wilson, Taylor Swift, Matt Turner, Dan DeFrancesco, Jordan Parker Erb Organizations: Business, Service, Super, Getty, Super Bowl City, Las Vegas, Vegas, Boeing, Alaska Airlines, Apple, NFL, Workers Locations: Vegas, Las Vegas , Nevada, Vegas Sin, Las Vegas, California, Malibu, New York

☆ It seems like everyone you know is moving. But our grandparents' generation actually did it much more.
▼ + stars: | 2024-02-10 | by ( Erin Snodgrass | Alcynna Lloyd | ) www.businessinsider.com time to read: +9 min

But while overall migration is down, state-to-state moves are slowly on the rise again. Nearly 20% of all Americans moved each year from the mid-1940s through the 1960s, according to census data . The Great Recession in 2008 hobbled the economy and slowed migration, sending the overall rate to 11 or 12%, according to census data. Getty ImagesLong-distance moves are on the upWhile the overall migration rate is low, big moves are slowly on the rise. Younger people are more likely to make big moves, according to census data.

Persons: —, James Gregory, Gregory, Gregory said, Jim Crow, Gregory . Migration, deindustrialization, Brookings, Matthew, he’s, Rose Kemp, millennials, Florida ., X, Zers, Marie Bailey, Dallas, ” Bailey Organizations: Service, University of Washington, Gregory ., Brookings Institution, Golden State, realtors, Community Survey, Realtors, Business, Matthew Bank, ” Bank, Orlando Regional Realtor Association, Survey, University of Minnesota's Locations: Texas, New York, California, Florida, Detroit, California , Oregon, Washington, Midwest, nonresponse, Golden State for Texas, Georgia, X . Texas, migrators, millennials, homeownership

Trump has repeatedly referred to Wade as Willis' "lover” in attacks on the prosecution. But it could have the ability to delve deeply into Willis' personal and professional life and air any dirty laundry widely. The state Senate is led by Republican Lt. Gov. Willis was barred from prosecuting Jones by a judge after she hosted a fundraiser for a Democratic opponent. The panel also begins its work in a year when all of Georgia's legislative seats will be up for election.

Persons: that's, Fani Willis, begrudgingly, ”, Sen, Bill Cowsert, Willis, Donald Trump, Willis didn't, Nathan Wade, Trump, Wade, Michael Roman, ” Cowsert, Scott McAfee, Cowsert, Gloria Butler, “, Butler, I’ve, Brian Kemp, Burt Jones, Georgia’s, Jones Organizations: ATLANTA, Republican, Republican Georgia Senate, Trump, Roman, U.S . House Republicans, Gov, Senate, Democratic Locations: Georgia, Fulton County, Athens, Stone

LAS VEGAS (AP) — A Nevada jury has awarded about $130 million in damages in a lawsuit filed by five people who suffered liver damage after drinking bottled water marketed by a Las Vegas-based company before the product was recalled from store shelves in 2021. Real Water attorney Joel Odou argued that the company was unintentionally negligent, not reckless, the Las Vegas Review-Journal reported. The Southern Nevada Water Authority, the region's main public supplier, monitors and tests for 166 different possible contaminants, spokesman Bronson Mack said Thursday. Mack noted that the water authority was not a defendant in the lawsuits and said the area's municipal water supply meets or surpasses all federal Safe Drinking Water Act standards. Real Water was sold for at least eight years, primarily in Central and Southern California, Las Vegas, Phoenix and Utah.

Persons: Myles Hunwardsen, Henderson, ” Will Kemp, Kemp, Affinitylifestyles.com, Brent Jones, Jones, Herbst, Joel Odou, Bronson Mack, Mack Organizations: LAS VEGAS, AffinityLifestyles.com Inc, Republican, Telephone, Foods, Costco Wholesale, Hanna Instruments, Milwaukee Instruments, Water, Las Vegas, Las, The Southern, The Southern Nevada Water Authority, U.S . Food, Drug Administration, Clark County Health District Locations: Nevada, Las Vegas, Clark County, Lake, Hoover, Colorado, The, The Southern Nevada, Central, Southern California, Phoenix and Utah, U.S

Only 4.4% of Georgia workers are union members, the eighth-lowest rate among states. The National Labor Relations Board, the federal agency overseeing union affairs, did not immediately respond Thursday to an email seeking comment. Democrats, though, say the bill is really about making it harder for unions to organize and for companies to accept them. Sen Mike Hodges, a Brunswick Republican who is sponsoring the bill, denied that it would violate federal law. But Democrats said they think the bill is an attempt to attack federal labor law.

Persons: Brian Kemp, Bill, ”, Hannah Perkins, Kay Ivey, ” Henry McMaster, ’, Joe Biden’s, “, Kemp, you’re, Sen, Bo Hatchett, Cornelia, Nikki Merritt, Merritt, Sen Mike Hodges, Hodges, Jason Esteves, they’re Organizations: ATLANTA, —, Gov, Union, National Labor Relations Act, “, Georgia AFL, National Labor Relations Board, American Legislative Exchange Council, Democratic, United Auto Workers, Alabama Republican Gov, South, Republican, Georgia Gov, Georgia Chamber of Commerce, Georgia Republicans, Cornelia Republican, Senate, Lawrenceville Democrat, Democrats, State, Brunswick Republican, Atlanta Democrat Locations: Georgia, Tennessee, ” Alabama, South Carolina, Indiana, Arizona, Atlanta

ATLANTA (AP) — Georgia's Senate passed a bill Tuesday that would revive a new commission that some Democrats say is aimed at disrupting Fulton County District Fani Willis' prosecution of former President Donald Trump. “This has never been about the district attorney from Fulton County,” Robertson said on the Senate floor. However, the panel was unable to begin operating after the state Supreme Court in November refused to approve rules governing its conduct. Robertson's bill and a separate bill approved by the Georgia House of Representatives remove the requirement that the state Supreme Court approve the rules. The state Senate voted for the change 29-22, mostly along party lines.

Persons: —, Fani Willis, Donald Trump, Republican Randy Robertson, ” Robertson, Brian Kemp, Republican State Sen, Rick Williams, “, Sen, Elena Parent, Parent, Robertson, Willis, Colton Moore Organizations: ATLANTA, Republican, Commission, Georgia Gov, Georgia, House, Republicans, Republican State, “ Prosecutors, General Locations: Fulton County, Georgia, Atlanta, Chattahoochee

ATLANTA (AP) — A bill to require cash bail for 30 additional crimes is headed to Georgia Gov. The GOP-dominated House voted 97-69 for Senate Bill 63 on Monday, backing a measure that would erodes changes that Republican Gov. “This legislation will make it clear that Georgia is not going down the path of failure seen by other states and communities that have eliminated cash bail," Gaines said. It’s part of a push by Republicans nationwide to increase reliance on cash bail, even as some Democratic-led jurisdictions end cash bail entirely or dramatically restrict its use. Under the bill, bail would be required for a second or later misdemeanor offense of reckless driving or criminal trespass, as well as for any misdemeanor battery.

Persons: Brian Kemp's, Bill, Nathan Deal, Houston Gaines, Gaines, ” It’s, Tanya Miller, Miller, “, Chris Carr, Brian Kemp, Kemp Organizations: ATLANTA, Georgia Gov, GOP, Republican Gov, Rep, Athens Republican, Georgia’s county lockups, Atlanta Democrat, Democratic, Atlanta Locations: Georgia, Athens, Georgia’s county, Atlanta, Illinois, Wisconsin

Search resuls for: "Kemp"

25 mentions found