DIRS.INFO The most relevant business & tech news

☆ Alaska's ice road oil truckers are in a boom, and causing a backlash
▼ + stars: | 2024-03-15 | by ( Kevin Williams | ) www.cnbc.com time to read: +11 min

With various North Slope oil production projects just ramping up, the years ahead look very promising for trucking in Alaska. Among the new North Slope activities is the ConocoPhillips Willow Project, which the Biden administration approved last year. A Doyon Drilling Inc. oil rig stands on the North Slope in Prudhoe Bay, Alaska, U.S., on Friday, Feb. 17, 2017. Daniel Acker | Bloomberg | Getty ImagesMeanwhile, the Pikka oil project by Australian company Santos is also taking shape on the North Slope, 50 miles west of Deadhorse. Most of the North Slope oil infrastructure (supplies, machinery, parts) is supplied by trucks that have to traverse the 414-mile Dalton Highway (Alaska Route 11).

Persons: Daniel Acker, Jeremy Miller, Carlile, Biden, Willow, Santos, Miller, Matt Jolly, Jolly, Joe Michel, Michel, Dalton, Jomo Stewart, axel, Stewart, Scott Kawasaki, Ashley Carrick, Kawaski, Kawasaki Organizations: Parker, Trans, Trans Alaska Pipeline System, Bloomberg, Getty, Transportation Systems, ConocoPhillips Willow Project, ConocoPhillips, Alaska Department of Natural Resources, Alaska West Express, Alaska Trucking Association, Caelus Energy, Fairbanks Economic Development Corp, Kinross, Food, Getty Images Bloomberg, Getty Images, Fairbanks, Kawasaki, Alaska Department of Transportation, Anchorage Daily News Locations: Prudhoe Bay , Alaska, U.S, Trans Alaska, United States, Alaska, Anchorage, Australian, Deadhorse, Prudhoe Bay, Dalton, Alaska West, North, Wawa, Harrison Bay , Alaska, Fairbanks, Fort Knox Alaska, Kinross, Tetlin , Alaska, Tetlin, Kinross Alaska, Getty Images Alaska

☆ A lower-risk way to play the gold breakout from here
▼ + stars: | 2024-03-14 | by ( Michael Khouw | ) www.cnbc.com time to read: +5 min

We'll break down the rally in gold, why gold miners have been trailing it and the options trades I'm putting on from here accordingly. Investing in gold and silver mining companies, rather than purchasing the precious metals has frequently been promoted as a way to get "leverage" to the price of gold or silver. Notice that the share price of the VanEck Gold Miners ETF (GDX ) tracking the companies, has declined more than 15.5% since the highs in April of 2023. GDX GLD mountain 2023-04-13 VanEck Gold Miners ETF (companies) vs. SPDR Gold shares ETF (commodity) It should be said that GDX and Newmont Corporation pay dividends, whereas gold itself does not. Additionally gold miners are sometimes located in suboptimal geographic locations/jurisdictions where they may be subject to geopolitical factors beyond the price volatility of the commodities they produce.

Persons: Warren Buffett Organizations: Gold Miners, Newmont Corp, Gold Miners ETF, SPDR, Newmont Corporation, Mining, Consumers Locations: Washington

☆ 8 federal government jobs that can pay over $200K
▼ + stars: | 2024-03-13 | by ( Ana Altchek | ) www.businessinsider.com time to read: +6 min

64 federal job categories pay upwards of $200,000, with some reaching $400,000. AdvertisementMany people enter federal roles for job security, not for the money. Data from the US Office of Personnel Management indicates 64 federal job categories have positions that pay over $200,000 — and some pay as much as much as $400,000. AdvertisementThere are currently 55 open positions in this category, with the highest role listed with a starting salary of $180,564. According to OPM, there are currently 319 federal employees in this job category who make over $200,000.

Persons: —, usajobs.gov Organizations: Service, Management, Federal Deposit Insurance Corporation, Department of, IT Management, NASA, FDA, Fish and Wildlife Service, Forest Service, Natural Resources Conservation Service, General Engineering, Marshall Space Flight, HR Management, National Science Foundation

☆ Animals act weirdly during an eclipse. Help NASA find out why
▼ + stars: | 2024-03-13 | by ( Taylor Nicioli | ) edition.cnn.com time to read: +11 min

We’re hoping that we even get kids watching their dogs in their backyard and seeing if their dogs behave interestingly during the eclipse,” Hartstone-Rose said. The next total solar eclipse that will be visible across the contiguous United States won’t appear until August 2044. The space agency is expecting far larger numbers for the 2024 total solar eclipse — nearly 2,500 people have already signed up, she added. “(During a total solar eclipse) you have so many different ways the light is scattering, so there’s these beautiful colors of orange and purple and green. “It’s kind of a great human sensory experience to be in the middle of a total solar eclipse.”

Persons: ”, Adam Hartstone, Rose, Hartstone, “, that’s, Kelsey Perrett, United States won’t, Bryan Pijanowski, ’, Pijanowski, William M, Wheeler, John Griffioen, Griffioen, Perrett, ” Perrett, ” Pijanowski Organizations: CNN, American, North Carolina State University, Nashville Zoo, Solar, Fort Worth Zoo, NASA, Center, Purdue University, Buffalo Zoo, Zoo, Toledo Zoo, Indianapolis Zoo Locations: Columbia , South Carolina, United States, Raleigh, “, Grassmere, Mexico, Canada, Texas, North America, West Lafayette , Indiana, Fort, New York, Arkansas, Ohio

“If you have minerals or oil under the ground, how do you come up with a price for a long-term contract? The shift to renewable energy and electric vehicles has caused a spike in the demand for critical minerals, driving these kind of loans. Adesina, whose Abidjan, Ivory Coast-based institution helps finance development in African countries, said these arrangements come with a litany of problems. Photos You Should See View All 60 Images“These are the reasons I say Africa should put an end to natural resource-backed loans," Adesina said. After Chad, Angola and the Republic of Congo approached the IMF for support, the multilateral lender insisted on the renegotiation of their natural resource-backed loans.

Persons: Akinwumi Adesina, paydowns, Adesina, ” Adesina, Glencore, Trafigura, ”, Mao Ning Organizations: African Development Bank, Associated Press, International Monetary Fund, IMF, Chartered, China’s Ministry of Foreign Affairs, China Railway Group, Gecamines, Alliance for Green Infrastructure Locations: Lagos, NIGERIA, China, Congo, Nigeria, Abidjan, Ivory Coast, Africa, Chad, Angola, Republic of Congo, Guinea, Ghana, Beijing, Nigerian, AP.org

☆ A California man charged with smuggling greenhouse gases hints at the revival of a decades-long black market
▼ + stars: | 2024-03-09 | by ( Morgan Mcfall-Johnsen | Jenny Mcgrath | ) www.businessinsider.com time to read: +8 min

But there's also a blooming black market in greenhouse gases. HFCs are commonly used in refrigerators and air conditioners, but they're also potent greenhouse gases. There's been a thriving black market for climate-altering refrigerant chemicals since the 1990s, at times as lucrative as selling cocaine. KAMIL KRZACZYNSKI/AFP via Getty ImagesThe black market "comes with the territory" of regulation, Doniger said. At the height of the CFC black market, many cars still used those refrigerants for their air conditioners.

Persons: there's, hydrofluorocarbons, they're, Adrees Latif, Michael Hart, Tara McGrath, There's, Hart, Carlo Allegri, David Doniger, HFCs, Avipsa, Victor Molina, KAMIL KRZACZYNSKI, Mahapatra, Doniger Organizations: Service, Department of, Business, Facebook, Department of Justice, Reuters, Natural Resources Defense Council, NASA, Environmental Investigation Agency, Getty, EPA, Department of Homeland Security, Department of Defense, DOJ, US Attorney's, Southern, of, New York Times, CFC Locations: San Diego, Mexico, Port of Miami, Montreal, Elk Grove Village , Illinois, AFP, United States, of California, HFCs, Europe

☆ Vast reserves of clean hydrogen fuel could be hiding beneath our feet
▼ + stars: | 2024-03-07 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +5 min

Trillions of tons of lightweight, energy-dense hydrogen gas may be hidden deep underground. Those natural reservoirs, known as geologic hydrogen, could be a fruitful carbon-free fuel source. Oil and gas giants BP and Chevron have joined a consortium to study geologic hydrogen. That's when an oil and gas company assessed a mine that had exploded in Mali and found it was full of hydrogen gas. In the US, two long stretches of this rock are a promising place to look for hydrogen reserves, and efforts are already underway.

Persons: Bill Gates, Geoffrey Ellis, Joe Biden's, didn't, Ellis, John Barrasso, Evelyn N, Wang, Pete Johnson Organizations: Service, United Airlines, BP, Chevron, US, Energy, Natural Resources, Business, Research Projects Agency, ARPA Locations: Alberta, Canada, Mali, Kansas, Ontario, Michigan, New Jersey, Georgia, France, Australia, Brazil, Colombia, Albania, Albania's, Tirana, GENT

☆ Nanoplastics linked to heart attack, stroke and early death, study finds
▼ + stars: | 2024-03-06 | by ( Sandee Lamotte | ) edition.cnn.com time to read: +9 min

“Should exposure to microplastics and nanoplastics be considered a cardiovascular risk factor? Nanoplastics have been found in human blood, lung and liver tissues, urine and feces, mother’s milk, and the placenta. The examination found “visible, jagged-edged foreign particles” scattered in the plaque and external debris from the surgery, the study said. Presence of microplastics and nanoplastics, and subsequent inflammation, may act to increase one’s susceptibility to these chronic diseases,” Stapleton said in an email. However, calling the study results “a direct link to cardiovascular disease is a stretch for the findings,” she added.

Persons: ”, Raffaele Marfella, Marfella, University of Campania Luigi Vanvitelli, Philip Landrigan, ” Landrigan, nanoplastics, Landrigan, Mary Conlon, —, that’s, Andrew Freeman, Phoebe Stapleton, Rutgers University’s Ernest Mario, “, ” Stapleton, Leonardo Trasande, don’t, Trasande Organizations: CNN, New England, of Medicine, University of Campania, Boston College, Program, Global Public Health, Global, Planetary Health, International, Water Association, Surgeons, Jewish Health, Rutgers, Rutgers University’s Ernest Mario School of Pharmacy, Getty, American Academy of Pediatrics, NYU Langone Health, Natural Resources Defense Council, Invest Locations: Naples, Italy, Denver, Piscataway , New Jersey

☆ Promises Donald Trump has made so far in his campaign for a second term
▼ + stars: | 2024-03-06 | by ( Piper Hudspethblackburn | Piper Hudspeth Blackburn | ) edition.cnn.com time to read: +17 min

Trump also said in that campaign video that he would cut funding for schools that teach critical race theory and gender ideology. Health careLast November, Trump promised to replace the Affordable Care Act, known colloquially as Obamacare, in a series of posts on Truth Social. Trump also vowed in a June 2023 campaign video to reinstate his previous executive order so that the US government would pay the same price for pharmaceuticals as other developed countries. The former president added in a campaign video that he would stop lobbyists and government contractors from pushing senior military officials toward war. We will reverse almost all of them,” Trump said in a campaign video.

Persons: Donald Trump, Joe Biden, Immigration Trump, Trump, ”, “, ” “ We’ll, ” Trump, Education Trump, Obamacare, Biden, ” “, Antonin Scalia, Samuel Alito, Clarence Thomas, ‘ Everybody’s, ’, ‘, he’s, Energy Trump, “ We’re, ” “ It’s, Equity “, CNN’s Tami Luhby, Kate Sullivan, Kristin Holmes Organizations: CNN, Republican, Immigration, Des Moines Register, ATF, FBI, DHS, Hamas, Department of Defense, Education, of Education, of Justice, Department of Education, Health, Trump, Democrats, Trump Administration, Justice, CIA, Department, U.S, Attorneys, Soros District, Marxist, National Guard, Department of Justice, NATO, Cities, Environmental Protection Agency, Energy, Trade, Trump Reciprocal Trade, Economy Trump, Black Conservative, Rifle Association, Legislative Action, Equity Locations: United States, Israel, America, United States of America, State, Washington , DC, Washington, NATO, American, South Carolina, Russia, Ukraine, New Hampshire, New, China, Michigan, Des Moines , Iowa

☆ What the SEC vote on climate disclosures means for investors
▼ + stars: | 2024-03-06 | by ( Greg Iacurci | ) www.cnbc.com time to read: +2 min

Win Mcnamee | Getty Images News | Getty Images'A sensible rule to protect investors'"Climate risk is financial risk," Elizabeth Derbes, director of financial regulation and climate risk for the Natural Resources Defense Council, said in a written statement. "This is a sensible rule to protect investors: it gives them access to clear, comparable, relevant information on the measures companies are taking to manage climate risks and opportunities," Derbes said. Overall, transparency around climate risk may be essential for investors to gauge if a company's stock is worth holding or if its stock price is reasonable, experts said — for example, is it too expensive given high exposure to climate risk, or perhaps fairly priced considering it's well positioned? For many businesses, Scope 3 emissions account for more than 70% of their carbon footprint, Deloitte estimates. Instead, the final rule will require companies require Scope 1 and 2 emissions if they're deemed material to investors.

Persons: Gary Gensler, Win Mcnamee, Elizabeth Derbes, Derbes, Rachel Curley Organizations: Securities, Exchange, Getty, Natural Resources Defense, U.S . Sustainable Investment Forum, CNBC, Deloitte Locations: U.S

☆ Man charged with smuggling greenhouse gases from Mexico into US in first-of-a-kind prosecution
▼ + stars: | 2024-03-05 | by ( Laura Paddison | ) edition.cnn.com time to read: +3 min

CNN —A California man was arrested and charged Monday with allegedly smuggling potent, planet-heating greenhouse gases from Mexico, marking the first such prosecution in the US, according to a statement from the US Attorney’s Office for the Southern District of California. He is then alleged to have sold them for a profit on sites including Facebook Marketplace and OfferUp. These greenhouse gases are short-lived in the atmosphere, but powerful — some are thousands of times more potent than carbon dioxide in the near-term. “The illegal smuggling of hydrofluorocarbons, a highly potent greenhouse gas, undermines international efforts to combat climate change,” said David M. Uhlmann, the assistant administrator for the EPA’s Office of Enforcement and Compliance Assurance. In 2016, nearly 200 nations including the US agreed to the Kigali Amendment to reduce planet-heating pollution from these greenhouse gases.

Persons: Michael Hart, Hart, Todd Kim, HFCs, ”, David M, Tara McGrath, ” Hart Organizations: CNN, US, Office, Southern, Southern District of, Facebook, Justice Department’s, Natural Resources, Environmental Protection Agency, EPA’s, UN Environment, AC, Department of Justice Locations: California, Mexico, Southern District, Southern District of California, San Diego, United States, Kigali

☆ Denis Villeneuve wants to make 'Dune 3' — here's what's in store for Timothée Chalamet
▼ + stars: | 2024-03-04 | by ( Eammon Jacobs | ) www.businessinsider.com time to read: +6 min

Here's what's in store for Timothée Chalamet if Villeneuve gets the green light. "'Dune Messiah' was written in reaction to the fact that people perceived Paul Atreides as a hero. Paul Atreides will be the Emperor of the universe in "Dune 3"Timothée Chalamet as Paul Atreides on Calodan in "Dune." "Dune 3" would also introduce Paul and Chani's childrenZendaya as Chani and Timothée Chalamet as Paul Atreides in "Dune." AdvertisementPaul may exile himself to the desert at the end of "Dune 3"Timothée Chalamet as Paul Atreides in "Dune."

Persons: Denis Villeneuve, Frank Herbert's, Chalamet, Villeneuve, —, Timothée Chalamet, Paul Atreides, Paul, Jessica, Rebecca Ferguson, Baron Harkonnen, Stellan, Emperor Shaddam, Christopher Walken, That's, Alia —, Anya Taylor, Joy, Paul's, Zendaya, Princess Irulan, Florence Pugh, He's, Chani, Frank Herbert didn't, –, Alia Organizations: Service, Rotten, Empire, Times, Warner Bros, Guild, Warner Bros ., Villeneuve Locations: South Korea, Hollywood, Arrakis, Chalamet

☆ The 3 states where 'Big Short' investor Kyle Bass is buying real estate to capitalize on migration trends
▼ + stars: | 2024-03-03 | by ( Filip De Mott | ) www.businessinsider.com time to read: +4 min

Kyle Bass is investing in Texas, Florida, and Tennessee, he said in a recent interview with the Investor's Podcast Network. These states should benefit from migration to lower-cost states, a trend that's already happening. Bass has been buying rural land to capitalize on demand for environmental credits. By then, the price-per-acre of rural land had appreciated 123% over the decade, the outlet cited. "When I think about gold versus rural land again, I have the population demographic in my tailwind," he said in 2022.

Persons: Kyle Bass, Bass, he's, isn't Bass Organizations: Service, Bloomberg, Hayman Capital, Equity Management Locations: Texas , Florida, Tennessee, Florida , Tennessee, Texas, West Coast, California, New York, China

☆ Cramer gives the portfolio's core holdings a makeover — 4 are booted, 6 are added including a trio of tech giants
▼ + stars: | 2024-02-28 | by ( Morgan Chittum | ) www.cnbc.com time to read: +12 min

COST 5Y mountain Costco's stock performance over the past five years. DHR 5Y mountain Danaher's stock performance over the past five years. ETN 5Y mountain Eaton Corp.'s stock performance over the past five years. "The megatrends are real serious, and [Eaton] is a real serious company," Jim said. TJX 5Y mountain TJX Companies' stock performance over the past five years.

Persons: Jim Cramer, Jeff Marks, Morgan Stanley, Wall, Beijing's, Jim, Eaton, Linde, Lilly's, Eli Lilly, We've, Zepbound, Mark Zuckerberg's, Mark Zuckerberg, OpenAI, Copilot, management's, Nvidia, TJ Maxx, TikTok, Gen Zers, TJX, Jim Cramer's, Satya Narayana Nadella, Lucas Jackson Organizations: GE Healthcare, Meta, Microsoft, Johnson, Natural Resources, Starbucks, Apple, Apple Music, Services, Amazon, Amazon Web Services, Prime, Costco, Danaher, Eaton Corp, Investors, GE, LIN, Novo Nordisk's Wegovy, Novo Nordisk, Management, Nvidia, TJX Companies, Marshalls, CNBC Locations: Eaton, China, Manhattan, New York City

☆ Russia offering African governments 'regime survival package' in exchange for resources, research says
▼ + stars: | 2024-02-27 | by ( Elliot Smith | ) www.cnbc.com time to read: +2 min

OUAGADOUGOU, Burkina Faso - Jan. 20, 2023: A banner of Russian President Vladimir Putin is seen during a protest to support the Burkina Faso President Captain Ibrahim Traore and to demand the departure of France's ambassador and military forces. Russia's military intelligence service is offering African governments a "regime survival package" that provides military and diplomatic support in exchange for access to strategically important natural resources, according to a new report. Russia's Defense Ministry was not available to comment on the report's findings when contacted by CNBC. Wagner has for many years been a key component of the Kremlin's efforts to grow its influence in politically unstable countries across central Africa and the Sahel, including the Central African Republic, Mali, Burkina Faso and Sudan. The report's authors Jack Watling, Oleksandr V Danylyuk and Nick Reynolds explained that the GRU chose to divide Wagner's activities in two.

Persons: Vladimir Putin, Captain Ibrahim Traore, Wagner, Yevgeny Prigozhin, Jack Watling, Oleksandr V Danylyuk, Nick Reynolds Organizations: Royal United Services Institute, Wagner Group, Russia's Defense, CNBC, Central African, Volunteer Corps, Russian Military of Defense Locations: OUAGADOUGOU, Burkina Faso, Africa, Central African Republic, Mali, Sudan, Ukraine

☆ Fewer jobs require a college degree. Here's what employers are looking for instead.
▼ + stars: | 2024-02-27 | by ( Madison Hoff | ) www.businessinsider.com time to read: +7 min

That's according to a new report from career-site Indeed analyzing educational requirements in US job postings since January 2019. As employers shift from formal educational requirements to skills-first hiring, job seekers might want to think about their skills. Even with a shift away from college degree requirements, there could be assumed credentials and levels of education, per the new report. "There's a lot of sectors where it's really common for jobs to not include any educational requirements whatsoever," Stahle said. Controlling for occupational mix, the percentage of job postings that require a college degree has only fallen by 3.6 percent over that period."

Persons: —, Cory Stahle, Stahle, haven't, it's, there's, Raman, we've, they're Organizations: Service, Business, Labor, Delta Air Lines, IBM, BI, Burning Glass Institute, Harvard Business School, LinkedIn, Employers

☆ Analysis: While eyes are on Trump, Supreme Court conservatives prepare to rewrite the rulebook
▼ + stars: | 2024-02-23 | by ( Joan Biskupic | ) edition.cnn.com time to read: +10 min

Supreme Court conservatives are accelerating their moves to overhaul the way the federal government protects Americans, whether from air pollution or unfair financial practices. The case has determined a swath of court judgments on agency policy, well beyond the environmental realms, and become one of the most cited rulings in Supreme Court history. The Corner Post is protesting a Federal Reserve rule adopted in 2011 that caps debit card fees merchants obtain with every transaction. Three Republican-led states and power industry groups turned to the high court, seeking immediate relief and asking that any implementation be barred. Kagan focused on the multiple preliminary issues that lower court judges would have typically assessed before the case reached the justices.

Persons: Donald Trump, won’t, Elena Kagan, Let’s, Trump, Neil Gorsuch, Brett Kavanaugh, Amy Coney Barrett, Barrett, Kagan, Benjamin Snyder, Chevron, Gorsuch, ”, ” Gorsuch, John Roberts, Snyder, “, Ketanji Brown Jackson, Bryan Weir, ” Weir, Honig, Roberts, Malcolm Stewart, ” Jackson, Mathura, ” Sridharan, Jackson, Sonia Sotomayor, Catherine Stetson, it’s Organizations: CNN, Securities, Exchange Commission, Food, Chevron, Natural Resources Defense Council, Department, Federal, ”, Federal Reserve, ” Liberal, Corner Post, Liberal, DC Circuit, Republican, EPA Locations: Washington, American, North Dakota, “, Ohio

Investors can still find discounts even as stocks climb to fresh all-time highs . Both the S & P 500 and the Dow Jones Industrial Average reach new records on Friday, surpassing previous highs notched just a day earlier. The stock has about 12% over the past month and nearly 11% from the start of the year. American Airlines stock currently trades at a forward price-to-earnings (P/E) multiple of 5.8 overall, slightly lower than the industry average. AAL YTD mountain American Airlines stock.

Persons: Stephen Trent Organizations: Dow Jones, Nvidia, CNBC, Airlines, American Airlines, FactSet, Citi, Exxon Mobil, Wall, Exxon, Resources, General Motors, CVS Health

☆ Europe’s energy crisis ‘will completely unwind’ over the next couple of years, Goldman Sachs says
▼ + stars: | 2024-02-23 | 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 EmailEurope’s energy crisis ‘will completely unwind’ over the next couple of years, Goldman Sachs saysMichele Della Vigna, head of natural resources research in EMEA at Goldman Sachs, discusses the outlook for Europe’s energy markets amid Russia’s ongoing war in Ukraine.

Persons: Goldman Sachs, Michele Della Vigna Organizations: Goldman Locations: Ukraine

☆ Putin looms over a third successive US election
▼ + stars: | 2024-02-22 | by ( Stephen Collinson | ) edition.cnn.com time to read: +12 min

CNN —“Russia, Russia, Russia.”Ex-President Donald Trump’s scathing catch phrase for a torrent of investigations during his administration also serves as an apt catch-all for the current meltdown over Moscow roiling US politics. But Russia and its leader, whom President Joe Biden described as a “crazy S.O.B.” at a Wednesday fundraiser, won’t go away. All the ways Putin is playing in US politicsPutin is advancing Russian interests against the US on multiple fronts. Putin recently formalized his warming ties with North Korean tyrant Kim Jong Un by presenting him with a new limousine. The Russian leader was particularly incensed by the US-led operation to topple Libyan leader Moammar Gadhafi in 2011.

Persons: CNN —, ”, Donald Trump’s, Joe Biden, won’t, Vladimir Putin, Putin, Ukraine –, –, Alexander Smirnov, “, Trump, Smirnov, Biden, it’s, Putin can’t, ” Douglas, Alexey Navalny, Biden lambasts Trump, ” Biden, Volodymyr Zelensky, Ronald Reagan, Mikhail Gorbachev, he’s, he’d, Mike Turner, Ksenia, Paul Whelan –, Evan Gershkovich, Geopolitically, Kim Jong Un, George W, Bush, Barack Obama, Moammar Gadhafi, Hillary Clinton, Robert Mueller, “ We’ll, Mueller Organizations: CNN, Kremlin, United States, European NATO, ”, Moscow, House Republicans, GOP, CIA, NATO, Republican Party, Republicans, Republican, Trump, Marine, Wall Street, Putin, Biden, US, Democratic Locations: Russia, Moscow, United States, China, Soviet, East Germany, United, Ukraine, Russian, European, Washington, Asia, Sweden, Finland, Berlin –, Europe, Ukrainian, California, North Korea, Iran, Crimea, Helsinki, Geneva

☆ The Rainmakers: These 20 bankers rode a choppy deals market to top the M&A charts in 2023
▼ + stars: | 2024-02-21 | by ( Alex Morrell | Reed Alexander | ) www.businessinsider.com time to read: +4 min

In 2023, the overall value of M&A transactions dipped globally to $2.9 trillion across 53,529 deals, down from $3.4 trillion across 57,830 transactions in 2022. Business Insider partnered with MergerLinks , a financial-data service that tracks deals, to present the fifth edition of "The Rainmakers," the 20 M&A bankers who orchestrated the largest deals in North America. MergerLinks tracks publicly announced deals and calculates deal values on a net basis, including both equity and debt pieces. This year’s list has a mix of returnees and first-timers and was dominated by energy bankers, including Goldman’s Sikhtian and Morgan Stanley’s Hoover. Nearly half of the bankers on this year's list worked on energy deals.

Persons: —, Scott Sheffield, Goldman Sachs, Suhail Sikhtian, Morgan Stanley, Greg Weinberger, Aaron Hoover —, Patrick Ramsey, Claudio Sauer, Hess, Goldman’s Sikhtian, Morgan Stanley’s Hoover Organizations: Service, Pioneer Natural Resources, ExxonMobil, Sheffield, Pioneer, Exxon, Business, Centerview Partners, LSEG, MergerLinks, Chevron, Centerview, Health Partners, Pfizer, & $ Locations: Sheffield, Texas, North America

☆ Goldman’s list of hedge fund favorite stocks is almost doubling the market. Here’s what’s in it
▼ + stars: | 2024-02-21 | by ( Yun Li | ) www.cnbc.com time to read: +1 min

Hedge funds' most-loved stocks have nearly doubled the S & P 500 's return this year due to the continuous strength in Big Tech, according to Goldman Sachs. It then compiled a basket of the most popular long positions, dubbed Goldman's Hedge Fund VIP basket, comprising 50 stocks that most frequently appear among the largest 10 holdings of hedge funds. The group of hedge funds' favorite stocks has gained 9% this year through Feb. 14, outperforming the S & P 500's 5% return during the same period. Amazon and Microsoft , which climbed 10% and 6% this year, respectively, were the two most popular stocks among fundamental hedge funds as of the end of 2023. Meta Platforms , Alphabet and Nvidia were also well-loved among hedge funds last quarter.

Persons: Goldman Sachs, Goldman, Meta Organizations: Big, Amazon, Microsoft, Nvidia, Natural Resources, Visa Locations: Big Tech

☆ Remember the labor shortage? Immigrants are helping to fix it.
▼ + stars: | 2024-02-19 | by ( Jacob Zinkula | Andy Kiersz | ) www.businessinsider.com time to read: +5 min

AdvertisementThat means the strong job numbers of recent months have largely been due to immigrants , specifically foreign-born workers, entering the workforce in large numbers. “Foreign-born labor force participants have accounted for all of the job growth over the last year,” Bill Adams, an economist at Comerica Bank, told The New York Times. AdvertisementAdditionally, he said these job gains haven’t come at the expense of US-born workers either. As of 2022, foreign-born workers were more likely than US-born workers to be in service, natural resources, construction, and maintenance jobs, according to the Bureau of Labor Statistics. As of January, 65.7% of foreign-born workers were working or looking for work, compared to 61.4% of US-born workers.

Persons: —, ” Bill Adams, Paul Krugman, “ They're, ”, Louis, Miguel Faria, Castro, Donald Trump Organizations: Service, Business, Comerica Bank, New York Times, Bureau of Labor Statistics, Immigrants, Congressional, Office, St, Louis Fed

☆ 4 of our stocks report earnings next week. Here's what we want to see from each
▼ + stars: | 2024-02-17 | by ( Zev Fima | ) www.cnbc.com time to read: +9 min

A hotter-than-expected consumer price index on Tuesday sent stocks reeling, with the Dow posting its biggest drop in a year. Stocks bounced back over the next two days, helped by a softer retail sales report , only to slump again on Friday's hot producer price index for January. As we said this week, we're not overly concerned with the hotter-than-expected inflationary readings. Earnings season picks back up for the Club next week, with four holdings set to report quarterly results. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Wall, Stocks, we're, Palo, Fortinet, BCH's Bausch, Management doesn't, Dana, Bausch, Dr Pepper, Diana Shipping, Jim Cramer's, Jim Cramer, Jim, Jensen Huang, Walid Berrazeg Organizations: Dow Jones Industrial, Nasdaq, Dow, Federal Reserve, Club, Palo Alto, Palo, billings, Nvidia, Amazon, Microsoft, Bausch Health, Coterra Energy, Management, NYSE, Walmart, Axsome Therapeutics, Barclays Bank, Armstrong World Industries, Ceragon Networks, Tri Pointe Homes, Dana Incorporated, DigitalBridge, Oil States International, Systems, Allegion, CenterPoint Energy, Equitrans Midstream Corporation, Expeditors International of Washington, Alto Networks, SolarEdge Technologies, Enovix Corporation, Caesars Entertainment, Diamondback Energy, Toll, Ternium S.A, Celanese Corp, Chesapeake Energy, CVR Energy, Reserve, Vertiv Holdings Co, Properties Trust, Devices, HSBC Holdings plc, HSBC, Lomb, Sinclair Corporation, Pagaya Technologies, Gibraltar Industries, Garmin, NVIDIA, Rivian Automotive, Sunnova Energy International, Bros, Apache, Oil, Suncor Energy, Co, FNF, Sciences, Coeur D'Alene Mines, Trip.com, Joby Aviation, Resources, Alamos, Jackson, Nutrien, NTR, Pan, Sm Energy Company, Health, Newmont, Nikola Corporation, Cheniere Energy, Fiverr, Natural Resources, Point Credit, Lantheus Holdings, Builders, Grab Holdings, NICE, Dominion Energy, Harmony Biosciences Holdings, Teck Resources Limited, Intellia Therapeutics, Energy, Booking Holdings, Intuit, Semiconductor, Nation Entertainment, Vale S.A, Rocket Companies, Warner Bros ., AerCap Holdings, Natural Holdings, Calumet Specialty Products Partners, Frontier Communications, Jim Cramer's Charitable, CNBC, Lightrocket, Getty Locations: billings, Palo Alto, China, Xifaxan, Tri Pointe, Avista, Gibraltar, Coeur D'Alene, Pan American, Teck, Vale

Not fun.”Many scientists who study the intersection of climate change, flooding, winter storms and sea level rise agree the kind of damage Levy experienced was more of a sign of things to come than an anomaly. Climate change is forecast to bring more hurricanes to the Northeast as waters warm, some scientists say. In the Northeast, the problem of climate change is especially acute because of forecasted sea level rise here, said Hannah Baranes, a coastal scientist with the Gulf of Maine Research Institute's Climate Center in Portland, Maine. “This is a real moment to consider how much flooding is in several feet of sea level rise,” Baranes said. Vermont, which also suffered heavy damage in Hurricane Irene in 2011, is working to establish statewide floodplain standards, Moore told the Maine Climate Council.

Persons: Haim Levy, ” Levy, “ It's, Levy, Hannah Baranes, it's, Baranes, ”, ” Baranes, Joe Biden, Patrick Keliher, Janet Mills, “, we've, ” Mills, We're, Julie Moore, Hurricane Irene, Moore, hasn't, Irene, Laura Dwyer, Dwyer, Conrad Ferla, Ferla, Charles Krupa, Rodrique Ngowi, ___, Patrick Whittle, @pxwhittle Organizations: Haim, United Nations, European Union, of, state's Department of Marine Resources, Democratic, Maine Climate Council, Vermont Agency of Natural, Coastal Resources Management, Associated Press Locations: PORTLAND, Maine, Hampton , New Hampshire, New Hampshire, New Jersey, Massachusetts, of Maine, Portland , Maine, New England, Vermont Agency of Natural Resources . Vermont, Hurricane, Vermont, ”, North Wildwood, Rhode Island, Narragansett , Rhode Island, South Kingstown

Search resuls for: "Natural Resources"

25 mentions found