DIRS.INFO The most relevant business & tech news

☆ Red Lobster's millennial CEO says the chain saw a boost in sales after launching its revamped menu — with no endless shrimp
▼ + stars: | 2024-11-22 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +3 min

AdvertisementRed Lobster recently introduced a revamped menu with no "endless shrimp." Red Lobster's new CEO said the chain's revamped menu — which no longer includes its infamous "endless shrimp" promotion — has already started to help turn things around at the struggling company. In 2023, the long-running chain made the once-limited-time offer of $20 endless shrimp a permanent menu fixture in an effort to get more customers in the door. Advertisement"Countless people grew up going to Red Lobster at important times in their lives," Adamolekun told the outlet. Advertisement"There's been so much turmoil around the business that some people just opted out," Adamolekun told Bloomberg.

Persons: Red, —, Damola Adamolekun, Adamolekun, hadn't Organizations: Bloomberg, Street Journal

☆ Tech pioneer Yoshua Bengio warns of artificial intelligence risks
▼ + stars: | 2024-11-22 | 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 EmailAI systems could 'turn against humans': Tech pioneer warns of artificial intelligence risksGlobal leader in artificial intelligence, Professor Yoshua Bengio, has called for more research and "guardrails" to develop artificial intelligence safely. Watch his exclusive interview with CNBC's Tania Bryer at the One Young World Summit in Montreal, Canada.

Persons: Yoshua Bengio, CNBC's Tania Bryer Organizations: Young, Summit Locations: Montreal, Canada

☆ Why demand for New York City office space is moving higher again
▼ + stars: | 2024-11-22 | 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 EmailWhy demand for New York City office space is moving higher againScott Rechler, chairman and CEO of RXR, joins CNBC's 'Squawk Box' to discuss return to office trends, the next decade of New York City real estate, and more.

Persons: Scott Rechler Organizations: New York Locations: New York City, New

☆ New York’s Soccer Clubs Meet in a Playoff, and the Loathing Is Mutual
▼ + stars: | 2024-11-22 | by ( David Waldstein | ) www.nytimes.com time to read: +1 min

It does not make New York stop dead like Buenos Aires does when River Plate plays Boca Juniors. It does not even match the historical enmity of Islanders-Rangers hockey at Madison Square Garden. But the New York City Football Club and the New York Red Bulls will meet in a playoff match for the first time on Saturday, and their fans — and Major League Soccer — can dream. “In due time this will be considered one of the great rivalries in the metro New York area. The winner of the quarterfinal match will play either Orlando or Atlanta in the Eastern Conference championship and then perhaps reach the M.L.S.

Persons: it’s, ”, Marc de Grandpré Organizations: Barcelona, Boca Juniors, Islanders, Rangers, Madison, New York City Football Club, New York Red Bulls, Major League Soccer, Red Bulls, “, Orlando, Eastern Conference Locations: Madrid, New York, Buenos Aires, Atlanta

☆ Opinion | In This House, We’re Angry When Government Fails
▼ + stars: | 2024-11-22 | by ( Ezra Klein | ) www.nytimes.com time to read: +1 min

Jr. is a lot smaller than between them and most of the people Trump or the Republicans are naming. Who would have thought Trump would name a pro-choice Health and Human Services secretary? I want an Operation Warp Speed — for everything. Operation Warp Speed to me was the one policy you simply could not deny that Donald Trump got right. That is the one policy Trump is razing to the ground and disowning, salting the earth over.

Persons: Matt Gaetz, Robert F, Kennedy Jr, Donald Trump’s, R.F.K ., Trump, Donald Trump Organizations: Department of Health, Human Services, R.F.K, Democrat, Democratic Party Locations: H.H.S

☆ DirecTV cancels agreement to merge with Dish
▼ + stars: | 2024-11-22 | by ( ) edition.cnn.com time to read: +1 min

US satellite TV provider DirecTV has terminated its agreement to acquire Echostar’s satellite television business, which includes rival Dish TV. The deal would have created one of the largest pay TV distributors in the United States, with a combined 20 million subscribers. As part of the transaction, DirecTV was to pay $1 to buy the pay TV business called Dish DBS, including Dish and Sling TV, with the assumption of about $9.75 billion of Dish’s debt. The proposed deal, initially announced in September, was seen as a strategic consolidation in a shrinking pay TV market. DirecTV and Dish have held on-and-off talks over the years.

Persons: Bill Morrow, Charlie Ergen Organizations: DirecTV, Dish TV, DBS, Dish Locations: United States

☆ Marius Borg Høiby, son of Norway’s crown princess, accused of second rape
▼ + stars: | 2024-11-22 | by ( Billy Stockwell | ) edition.cnn.com time to read: +2 min

CNN —The 27-year-old son of Norway’s crown princess has been accused of a second rape just days after he was arrested on suspicion of the same offense. Police said they are investigating the second alleged incident thoroughly. This means that we are now investigating two rape cases involving Marius Borg Høiby,” the police added. Norway’s Crown Prince Haakon told the country’s public broadcaster, NRK, that the situation is affecting everyone around Høiby. Høiby was born before his mother, Mette-Marit, married Crown Prince Haakon and became a princess in 2001.

Persons: Norway’s, Andreas Kruszewski, Marius Borg Høiby, Øyvind Bratlien, ” Bratlien, Høiby, “, Hege Salomon, Prince Haakon, Marius, ”, Mette, Marit, CNN’s Catherine Nicholls Organizations: CNN, Oslo Police District, Thursday . Police, NRK Locations: Oslo, Norway’s

☆ Harvard prof who spent 10 years studying retirees: To ease into 'a satisfying retirement life,' ask yourself 1 question
▼ + stars: | 2024-11-22 | by ( Teresa M. Amabile | ) www.cnbc.com time to read: +5 min

DON'T MISS: The ultimate guide to negotiating a higher salary If you want to have a smooth transition into a satisfying retirement life, there are many questions you can ask yourself — chief among them, "Do I have enough money saved?" Be honest: Would you say work is what you do, or who you are? Now think about the aspects of your pre-retirement self you'd like to carry over into your retirement life in some way. If you can do that honestly, you're more likely to find a satisfying retirement on the other side. Teresa received her Ph.D. in psychology from Stanford University, and she is the co-author of "Retiring: Creating a Life That Works for You."

Persons: —, Irene, she'd, Victor, Jay, Teresa M, Amabile, Edsel Bryant Ford, Teresa Organizations: Harvard Business School, Edsel, Business Administration, Stanford University Locations: Cape Cod

☆ CNBC Daily Open: Expectations can be an irrational thing. Just look at Nvidia
▼ + stars: | 2024-11-22 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Markets digest Nvidia earningsU.S. markets rose on Thursday after digesting Nvidia's earnings release. "If someone bought or if the Bluesky company went down, everything is open source." [PRO] Focus on Nvidia's BlackwellDespite Nvidia's revenue growth rising at a slower pace each subsequent quarter, analysts are still optimistic on the stock.

Persons: Donald Trump, Michael Novogratz, Trump's, Trump, Bluesky, Jay Graber, Nvidia's Blackwell, Blackwell, Colette Kress Organizations: CNBC, U.S . Department of Justice, Google, Chrome, JD Sports, Galaxy Digital, U.S . Federal Reserve, Elon, Nvidia Locations: British

☆ Bad news if you’re looking to buy a house in the next two years
▼ + stars: | 2024-11-22 | by ( Bryan Mena | ) edition.cnn.com time to read: +6 min

After hitting two-decade highs nearing 8% late last year, mortgage rates have fallen, dipping nearly as low as 6% in September. Mortgage rates are expected to stay stuck above 6% for at least the next two years, according to economists and recent forecasts. Home sales are on track for their worst year since 1995 due to home-price growth and elevated mortgage rates. Mortgage rates are closely tied to the 10-year US Treasury yield. Billionaire investor Paul Tudor Jones last month said a swelling national debt under Trump would be frowned upon by the bond market.

Persons: Freddie Mac, ” Lawrence Yun, “, Wells, Fannie Mae, Donald Trump’s, Trump, ” Bernard Baumohl, Paul Tudor Jones, “ We’re, ”, Nick Dus, “ They’ve, Dus, NAR’s Yun, Yun, ” Yun, Samantha Delouya Organizations: Washington CNN, National Association of Realtors, Federal, Treasury, Economic Outlook, Billionaire, Trump, CNBC, CNN, Fed Locations: Wells Fargo, Evansville , Indiana

☆ Invesco: investors 'too greedy' in China stimulus expectations
▼ + stars: | 2024-11-22 | 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 EmailInvesco: investors 'too greedy' in China stimulus expectationsDavid Chao of Invesco believes that Asian currencies are bucking the trend and performing well against a stronger dollar. He thinks investor expectations for Chinese stimulus are too high, but positive economic data could provide momentum into the end of 2024.

Persons: David Chao, Invesco Locations: China

☆ The Fleeting Comforts of the Celebrity Look-Alike Contest
▼ + stars: | 2024-11-22 | by ( Amanda Hess | ) www.nytimes.com time to read: +1 min

It may be a coincidence that the celebrity look-alike competition returned to prominence just as American citizens were voting in what some called “the most significant presidential election in our lifetimes.” But once it happened, the appeal was obvious. Here was a different kind of democratic event: a totally insignificant one, in which attractive men with slightly off-kilter features were lined up in public and ranked by the roaring crowd. At the first contest, which convened a flock of Timothée Chalamet doubles in Manhattan last month, the New York Police Department showed up, deemed it an “unscheduled demonstration” and arrested four people. They are typically publicized with posters on lampposts, staged in public parks and accompanied by meager prizes. The Mescal double won 20 euro “or three pints”; the White winner received $50 and a pack of Marlboro Reds.

Persons: Trump, doppelgängers, Jeremy Allen White, Paul Mescal, Dev Patel, Harry Styles Organizations: New York Police Department, Marlboro Reds Locations: Manhattan, Chicago, Dublin, San Francisco, London

☆ TJ Maxx says Trump’s tariff ‘chaos’ will help the chain
▼ + stars: | 2024-11-22 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +3 min

But TJ Maxx believes that Trump’s tariff plans will benefit the discount chain. TJX, the parent company of TJ Maxx, Marshalls and HomeGoods, said Wednesday that the “chaos” Trump’s tariffs may bring to the retail industry plays right into its business model. Tariffs are taxes placed on imported goods designed to protect domestic manufacturers. Unlike most brands and retailers, TJX says it only imports a small, undisclosed percentage of its merchandise from factories overseas. “In other words, even if prices do generally rise because of tariffs, TJX will still be relatively cheaper.”

Persons: Donald Trump’s, TJ Maxx, it’s, ”, Ernie Herrman, ” “ That’s, TJX, Trump, Herrman, Lowe’s, Steve Madden, John David Rainey, ” Neil Saunders Organizations: New, New York CNN — Companies, Marshalls, Companies, National Retail Federation, “ Manufacturers, Peterson Institute for International Economics, Walmart, CNBC, GlobalData, CNN, “ Locations: New York, HomeGoods, East, China, TJX

☆ King Charles’ coronation: Britain forked out $91 million in the middle of a cost-of-living crisis
▼ + stars: | 2024-11-22 | by ( Anna Cooban | ) edition.cnn.com time to read: +4 min

London CNN —The coronation of King Charles III and Queen Camilla held in May last year cost British taxpayers £72 million ($91 million), an amount some have labeled excessive. The £72 million spent on the coronation could have paid for 24 million free meals for schoolchildren in London, based on the city government’s current budget of £3.00 ($3.75) per meal. Some additional spending came from the Privy Purse, the monarch’s private source of income, a royal source told CNN. “Plans (for the coronation) were scaled back,” the royal source told CNN. The culture department, in its accounts, said it had underspent its budget on the coronation by £2.8 million ($3.5 million).

Persons: King Charles III, Queen Camilla, Queen Elizabeth II, Finnbarr Webster, ”, Graham Smith, Sovereign Grant —, Sovereign Grant, “, Elizabeth II’s, Max Foster Organizations: London CNN, Department for Culture, Media, Sport, Home Office, Volunteers, Republic, CNN, Sovereign, CNN’s Royal Locations: United Kingdom, Weymouth , England, British, London, Lancaster, London’s Westminster

☆ The 'Roaring 20s' rally will continue in 2025. UBS shares 8 ways to maximize gains.
▼ + stars: | 2024-11-22 | by ( James Faris | ) www.businessinsider.com time to read: +8 min

While Wall Street is confident that there will be a continued boom under Trump, UBS GWM is less sure. "AI infrastructure spending remains robust, and we expect key semiconductor components needed for AI to remain supply constrained in 2025, supporting pricing," UBS GWM strategists wrote. "We believe investment-grade bonds offer attractive yields and expect mid-single-digit returns in US dollar terms," UBS GWM strategists wrote. "In 2025, we believe gold will remain an effective hedge against key political concerns, including government debt levels, inflation, or geopolitical tensions," UBS GWM strategists wrote. Residential and commercial properties both make sense, though UBS GWM specifically cited property types like logistics, data centers, and multifamily housing.

Persons: Donald Trump, Mark Haefele, UBS GWM, Haefele Organizations: UBS Global Wealth Management, UBS GWM, Trump, UBS, Technology, Utilities Locations: Japan

☆ I changed my retirement plans at 57. Now, I travel full time in an RV with my wife and live off of investments.
▼ + stars: | 2024-11-22 | by ( Chris Mott | ) www.businessinsider.com time to read: +4 min

My wife and I built a slab for our RV on my son's property to be near family when we want. I'd spent years as an executive in Southern California, and I had a retirement plan in place for quite some time. My vision for retirement did not include living in an RV or moving to Washington state. My son's house was a fixer-upper, so we helped out with all sorts of projects to help the kids make it their dream home. AdvertisementIn many ways, we're living out our retirement dreamsOur expenses are lower than they were when we had a house.

Persons: I'd, —, Chris Mott, we'd, we've, I'm, I've Organizations: UFO, Design, Social Locations: Southern California, Vancouver , Washington, Washington, Washington and Oregon, Arizona , New Mexico , Texas , Utah, Nevada, Lake Havasu, Roswell, Texas, Vancouver

Israel pressed on with its bombardment of Lebanon on Friday after issuing widespread evacuation warnings in the country’s south, as the conflict with Hezbollah militants showed no sign of abating despite a U.S.-led push for a cease-fire. Some of the Israeli strikes, which came as Lebanon celebrated its independence day, hit near the southern port city of Tyre, following calls by the Israeli military for civilians to evacuate entire towns in the area and flee more than 20 miles north. Bombings also targeted the Dahiya, the area near Beirut that is in effect controlled by Hezbollah and has been hit hard in recent days. Lebanon’s health ministry said an Israeli strike on Friday killed two paramedics south of Tyre. More than 145 medical workers in Lebanon have been killed in the line of duty since fighting between Israel and Hezbollah began last October, according to the U.N. World Health Organization.

Persons: Israel Organizations: Hezbollah, Health Organization Locations: Lebanon, U.S, Tyre, Beirut, Israel

☆ 'We cannot leave mitigation behind,' says Spanish climate negotiator
▼ + stars: | 2024-11-22 | 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 Email'We cannot leave mitigation behind,' says Spanish climate negotiatorValvanera Ulargui, director of Spain's Office for Climate Change, joins Street Signs from COP29 in Baku as negotiators race to reach a final declaration.

Persons: Valvanera Ulargui Locations: Spanish, COP29, Baku

☆ España concedería la residencia a casi un millón de migrantes indocumentados
▼ + stars: | 2024-11-22 | by ( Jenny Gross | José Bautista | ) www.nytimes.com time to read: 1 min

Thank you for your patience while we verify access. Already a subscriber? Want all of The Times?

Organizations: The

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow Honda is trying to become cool againFor years, Honda was regarded as one of the most innovative companies in the world--one full of surprises. It made cheap cars, but also supercars and engines for Formula 1 teams. A few models are among the world's most popular. It is struggling in some key regions, and it's challenged by the EV era. Watch the video to learn how the company plans to reclaim its identity as an innovator.

Persons: Honda, it's

☆ Vang Vieng: What to know about the Laos city swept up in methanol deaths
▼ + stars: | 2024-11-22 | by ( Lilit Marcus | ) edition.cnn.com time to read: +4 min

Laos has tried to rebrand Vang Vieng as less of a party destination. Vang Vieng and its mountainous surroundings are a base for outdoor activities, including kayaking, jungle trekking, parasailing, tubing and rock climbing. Foreign tourists kayaking and tubing on the Song River in Vang Vieng, Laos, on November 19. “(We are) aware of a number of cases of suspected methanol poisoning in Vang Vieng, possibly through the consumption of methanol-laced alcoholic drinks,” the US Embassy in Vientiane said in a health alert Friday. The warning came after the US State Department confirmed to CNN that an American citizen had died in Vang Vieng.

Persons: Vang Vieng, Vang, Anupam Nath, CNN’s Helen Regan, Isaac Yee, Eve Brennan Organizations: CNN, UNESCO, Vang, US State Department Locations: Southeast Asia, Vang, Laos, United States, United Kingdom, Vientiane, Luang Prabang, South Korea, China, Vang Vieng, New Zealand, Australia, Canada, American, Vietnam, Thailand, France, Russia, Japan

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhy U.S. fruit and vegetable farms are decliningOver the past few decades, fruit and vegetable production as well as the number of farms producing them are on a decline in the U.S. At the same time, the U.S. is prioritizing commodities like corn and soybeans which support livestock and fuel production, rather than human consumption. Americans are increasingly getting their produce from overseas. In 2021, U.S. imports of fresh fruit and vegetables accounted for 60% and 38% of total U.S.' supply.

Locations: U.S

☆ Portfolio manager says a 'healthy' correction could come if earnings and growth stall
▼ + stars: | 2024-11-22 | by ( Lucy Handley | In | ) www.cnbc.com time to read: +1 min

In an environment of high valuations, one of two "catalysts" could cause a market correction. It has a price-to-earnings ratio above 27, and some have described it as expensive by almost every measure. "We do think that a correction would be healthy, but you will need some type of catalyst for that correction to take place. [It is] still quite healthy, but it is slow, right? "If that continues to slow a bit more, if we were to see inflation tick up again, that could be a catalyst," Arcese said.

Persons: Brian Arcese, CNBC's, Arcese Organizations: Management Locations: Singapore, U.S

☆ Indonesia wants Apple to sweeten its $100 million proposal as tech giant lobbies for iPhone 16 sales
▼ + stars: | 2024-11-22 | by ( Dylan Butts | ) www.cnbc.com time to read: +2 min

The Indonesian government expects Apple to increase its proposed $100 million investment into the country, according to state media, as the iPhone maker seeks clearance from Jakarta to sell its latest phones. According to a report from Indonesian state media, the country's Ministry of Industry met with representatives from Apple on Thursday regarding its proposal to invest $100 million over two years. "From the government's perspective, of course, we want this investment to be larger," industry ministry spokesperson Febri Hendri Antoni Arif told state media on Thursday. While Indonesia represents a small market for Apple, it also offers growth opportunities as it has the world's fourth-largest population, according to Le Xuan Chiew, a Canalys analyst focusing on Apple strategy research. Success in this market requires a long-term approach, and Apple's investment offer demonstrates a commitment to complying with local regulations and paving the way for future growth, he added.

Persons: hasn't, AirPods Max, Apple didn't, Febri Hendri Antoni Arif, Le Xuan Chiew Organizations: Fifth, Apple, country's Ministry of Industry, CNBC Locations: New York City, Indonesian, Jakarta, Indonesia

☆ Stocks making the biggest moves premarket: Gap, NetApp, Intuit and more
▼ + stars: | 2024-11-22 | by ( Brian Evans | ) www.cnbc.com time to read: +1 min

Intuit — Stock in the financial software firm pulled back about 3% after its earnings guidance for the current quarter missed analyst estimates. Intuit forecast second-quarter earnings of $2.55 to $2.61 per share, while analysts polled by FactSet were looking for a profit of $3.25 per share. Ross' third-quarter earnings of $1.48 per share surpassed the $1.40 forecast from analysts polled by LSEG. NetApp earned $1.87 per share, after adjustements, on revenue of $1.66 billion, while analysts polled by LSEG were looking for a profit of $1.78 per share and revenue of $1.65 billion. Elastic — The software stock jumped 24% after the company posted an earnings beat.

Persons: FactSet, Goldman Sachs, Ross, NetApp, LSEG, — CNBC's Michelle Fox, Sean Conlon Organizations: Intuit —, Intuit, Ross, LSEG Locations: LSEG .

Search resuls for: "Drew University of Medicine

25 mentions found