DIRS.INFO The most relevant business & tech news

March 27 (Reuters) - The U.S. Supreme Court is weighing whether colleges can continue to consider race as part of their admissions decisions, a practice commonly known as affirmative action. Schools also employ recruitment programs and scholarship opportunities intended to boost diversity, but the Supreme Court litigation is focused on admissions. HOW HAS THE SUPREME COURT RULED IN THE PAST? The court has largely upheld race-conscious admissions for decades, though not without limits. A decision banning affirmative action would force elite colleges to revamp their policies and search for new ways to ensure diversity.

☆ Solar stocks Sunrun and Sunnova Energy are at attractive entry points after SVB crisis, Wells Fargo says
▼ + stars: | 2023-03-15 | by ( Sarah Min | ) www.cnbc.com time to read: +1 min

The Silicon Valley Bank crisis is creating attractive entry points in residential solar stocks Sunrun and Sunnova Energy International , according to Wells Fargo. "Weakness in resi-solar driven by the SVB crisis is a buying opportunity," analyst Michael Blum said to clients in a note. While fears of contagion risk have caused regional banks to pull back, the greater likelihood of a pause in interest rate hikes from the Federal Reserve is a boon for solar stocks. According to the analyst, a 50 basis point reduction to a long-term discount rate of 7% to 8% would mean greater upside for Sunrun and Sunnova. His Sunnova target of $23 points to a 42.4% advance as well.

REUTERS/Nathan Frandino//File PhotoNEW YORK/HOUSTON, March 10 (Reuters) - Corporations and investors have been pouring money into renewable energy projects, seeing an opportunity to grasp the Holy Grail of socially conscious investing: do good while doing well. But sharply higher interest rates have further stressed a model strained by soaring prices for steel and silicon, vital for wind turbines and solar panels. Higher costs have buyers and sellers of renewable power projects recalculating potential returns, hampering fundraising and mergers and acquisitions (M&A). A decade of low interest rates meant borrowers could raise cheap debt to build projects and juice returns. Financial investors traditionally took stakes in operating renewables projects to avoid risks of construction delays and ensure stable returns.

☆ How universities became giant piggy banks for hedge-fund billionaires
▼ + stars: | 2023-03-08 | by ( Catherine Liu | ) www.businessinsider.com time to read: +14 min

The move also marked the beginning of a new way to manage endowment funds. The arrangement has been a boon for the hedge-fund managers who received university endowment cash, but the benefits for the schools are trickier to parse. As Eaton put it in his book, universities directed funds to "wherever those allocations would generate the largest further investment returns." Eaton estimated in 2017 that tax breaks for university endowments cost federal coffers up to $19 billion a year. As the influence of billionaires and hedge-fund managers has grown, universities have moved further away from their ultimate goal: educating people.

☆ Since David Solomon became Goldman Sachs CEO, more than 80 partners have left. See the running list here.
▼ + stars: | 2023-03-03 | by ( Carter Johnson | Dakin Campbell | ) www.businessinsider.com time to read: +6 min

David Solomon has been Goldman Sachs' CEO for more than four years since succeeding Lloyd Blankfein. There's been a lot of talk about the morale at Goldman Sachs. In reality, Solomon said, there were fewer "partner transitions at Goldman Sachs" in 2022 than any year "going back to 2014." "At the moment, year-to-date, our turnover is at a 5-year low, not just for partners, in the whole firm," Solomon added. Here is a running list of Goldman's partners that have retired from the firm — or moved on to roles at other companies — since Solomon became CEO.

☆ Cytokinetics will seek international approval for drug following FDA rejection, says CEO Robert Blum
▼ + stars: | 2023-03-01 | 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 EmailCytokinetics will seek international approval for drug following FDA rejection, says CEO Robert BlumCytokinetics President and CEO Robert Blum joins 'Power Lunch' to discuss the FDA's rejection of the company's heart failure drug, how FDA approval increases shareholder value and future treatment plans up for FDA approval.

☆ Two United aircraft collided at Newark Liberty Airport and now the FAA is investigating
▼ + stars: | 2023-02-03 | by ( Taylor Rains | ) www.businessinsider.com time to read: +3 min

Two United Airlines aircraft collided at Newark Liberty International Airport in New Jersey on Friday. download the app Email address By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our Terms of Service and Privacy PolicyTwo United Airlines aircraft collided at New Jersey's Newark Liberty International Airport on Friday morning, the airline confirmed to Insider. "The left wing of United Airlines Flight 2135, a Boeing 757-200, was struck by a Boeing 787 aircraft around 8:45 a.m. Friday, at Newark Liberty International Airport," the FAA said in a statement to Insider. The Orlando-bound passengers, who were on the jet at the time of the event but were uninjured, were deplaned and rebooked on different aircraft, United told Insider. Friday's event comes three weeks after a Delta Air Lines Boeing 737 and an American Airlines Boeing 777 narrowly avoided a collision at New York's John F. Kennedy Airport.

☆ 'M3GAN' is getting a sequel after smashing the box office
▼ + stars: | 2023-01-18 | by ( Travis Clark | ) www.businessinsider.com time to read: +2 min

"M3GAN" is getting a sequel, set for release in 2025. It shows the power of a potential merger between its production companies, Blumhouse and Atomic Monster. Production studios Blumhouse and Atomic Monster announced on Wednesday that they've greenlit a sequel to their hit horror movie, about an AI-powered doll that torments any humans she thinks will harm her owner. The sequel, titled "M3GAN 2.0," is set for release on January 17, 2025. "M3GAN" has been a box-office smash since debuting on January 6, earning $95 million at the global box office so far, $60 million of which is from the US.

☆ Wells Fargo upgrades these clean energy names, says climate bill benefits have yet to materialize
▼ + stars: | 2023-01-06 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Wells Fargo is getting more bullish on shares of First Solar , Sunnova Energy and Sunrun , expecting margins to improve as supply chains ease and raw material costs decline. Benefits from the legislation have also yet to materialize in stock prices, he added. Many have also come to view the solar stock as a major beneficiary of tax credits from the government's climate bill. Blum expects Sunnova and Sunrun, meanwhile, to benefit from their power purchase agreement models poised to gain in the next year. low-income projects, domestic content, and energy community) are only available to solar financing deals structured as lease/PPAs," Blum said.

Economic worries have made this holiday season particularly stressful for some. The holiday season can bring out the absolute worst in some kids. Some parents welcome that break from structure, and that’s OK. “Parents get to decide what works and what doesn’t work with their family,” Dr. Naumburg said. “Gratitude and savoring are the opposite.”Dr. Kurtz recommended starting a simple gratitude practice early in the holiday season. As the holidays unfold, make an effort to savor the season, Dr. Kurtz said.

☆ Marion Barter: The search for a missing mother surfaces claims of her lover's 'life of deceit'
▼ + stars: | 2022-11-27 | by ( Hilary Whiteman | ) edition.cnn.com time to read: +21 min

We’ve exposed a way bigger fish than what I ever expected to find,” Leydon told CNN. He revealed that he’d had a four-month affair with the schoolteacher from February to June, 1997 – the same month she left Australia. Two years after Barter left Australia for Europe, Janet Oldenburg took a similar trip with Blum, who she knew as Ric West. She filed a police report and the inquest heard Blum told police he sent all the jewelry back. In court, Blum denied her claims and accused her of lying.

☆ What Is Ozempic and Why Is It Getting So Much Attention?
▼ + stars: | 2022-11-22 | by ( Dani Blum | More About Dani Blum | ) www.nytimes.com time to read: +2 min

Ozempic, a drug used to treat diabetes, keeps gaining attention as celebrities, a tech mogul and TikTok influencers have described taking it to lose weight in short time frames. Elon Musk, when asked about how he looked “fit, ripped and healthy,” tweeted that he was taking Wegovy. On TikTok, the hashtag #Ozempic has been viewed over 273 million times, with people alternately expressing shock over their supposed medication-induced weight loss and swapping stories about side effects. Ozempic and Wegovy are not the only medications gaining popularity for their weight loss effects. Dr. Narang herself has seen patients “who have somehow gotten their hands on this,” taking the medication off-label, she said.

Persons: TikTok, Elon Musk, ”, Andy Cohen, “, Ozempic, Eli Lilly, Disha, Narang Organizations: Drug Administration, Variety, Northwestern Medicine Lake Forest Hospital, Novo Nordisk Locations: Britain, Northwestern, Ozempic

That is why, leaders say, HBCUs and other minority-serving institutions will be even more important to students of color should the Supreme Court end affirmative action in college admissions. Allison ShelleyThe Supreme Court is hearing cases that challenge affirmative action policies at Harvard University and the University of North Carolina. Although HBCUs are predominantly Black institutions, non-Black students made up 24% of HBCU enrollment in 2020, according to the NCES. That diversity is important to consider amid claims that HBCUs make race-conscious admissions unnecessary, said Marie Bigham, the founder and executive director of the race-conscious admissions advocacy group Admissions Community Cultivating Equity & Peace Today. Late last month, the coalition and students from across the country protested outside the Supreme Court as it weighed the cases.

☆ 7 best dog harnesses to shop in 2022, according to experts
▼ + stars: | 2022-11-10 | by ( Mili Godio | Mili Godio Is An Associate Reporter For Select On Nbc News. | ) www.nbcnews.com time to read: +11 min

Dog harnesses versus collars: Which one is best? Best dog harnesses to shopBelow, we compiled expert-recommended back- and front-clip dog harnesses that can work with your dog’s training, demeanor and size. Best dog harness overall: Wild One“This harness looks good, is well constructed and comes with really nice matching leashes,” Haussmann said. Best adjustable dog harness: WildebeestWildebeest’s no-pull dog harness — which Haussmann said is both functional and durable — offers four highly adjustable straps along with a single buckle to easily get it on or off, according to the brand. , a certified dog trainer and co-founder of dog training service Dogboy NYC.

☆ The Anatomy of a Panic Attack
▼ + stars: | 2022-11-10 | by ( Dani Blum | ) www.nytimes.com time to read: +1 min

It may be helpful to practice these coping strategies ahead of time, so that you can employ them the next time a panic attack hits:Talk yourself through it. Remind yourself that you have survived panic attacks in the past, and while scary, the panic itself is not dangerous. A trusted friend or family member can help talk you down when you feel a panic attack start. The shock of cold can help center you in the present; this also helps alleviate the uncomfortable warmth and sweating that some people feel during panic attacks. Hyperventilating, a common feature of panic attacks, can make people feel dizzy, so taking slow breaths can be helpful.

☆ Goldman Sachs just dropped the names of its biggest partner class since David Solomon took over as CEO. See the full list here.
▼ + stars: | 2022-11-09 | by ( Emmalyse Brownstein | Dakin Campbell | Alex Morrell | ) www.businessinsider.com time to read: +4 min

David Solomon had been shrinking the size of Goldman's partner ranks to make it more exclusive. On Wednesday, the firm named 80 new partners, its largest class since Solomon became CEO in 2018. Goldman Sachs promoted 80 people to partner status on Wednesday, marking the largest class since David Solomon took over as CEO in 2018. Goldman's partner class has been steadily shrinking since David Solomon took over as CEO in 2018. Last year, Goldman gave its roughly 400 partners special one-time payments that added millions of dollars to their already generous year-end bonuses.

☆ Culture of sustainability
▼ + stars: | 2022-11-07 | by ( Sponsor Post | Created Insider Studios With Schneider Electric | ) www.businessinsider.com time to read: +9 min

As early as 2005, the company had launched its first sustainability barometer — the Schneider Sustainability Impact (SSI) — which produces quarterly measurements of its ESG performance. In short, it has created a remarkable culture of sustainability throughout its operations. Watch the video below featuring Gwenaelle Avice-Huet, Chief Strategy & Sustainability Officer, Schneider Electric. The results have been highly encouraging, both in terms of advancing the company's sustainability drive, and in creating a happier and more engaged workforce. To help its customers and partners arrive at this ambition, Schneider Electric applies a programmatic approach to drive sustainability impact: strategize, digitize, decarbonize.

☆ How Asian-led student groups are continuing affirmative action fight at Harvard and UNC
▼ + stars: | 2022-11-02 | by ( Sakshi Venkatraman | Sakshi Venkatraman Is A Reporter For Nbc Asian America. | ) www.nbcnews.com time to read: +5 min

Due to the conservative majority on the bench, advocates fear this could signal the end of affirmative action. “That really scares me.”Voter surveys show that 69% of Asian Americans support affirmative action. “Affirmative action actually helps Asian Americans in admissions in higher education,” he said. When contacted for a statement, Students for Affirmative Action creator Edward Blum directed NBC News to a pro-SFFA action rally that had Asian speakers. While things might look bleak for the conservative majority’s eventual ruling on affirmative action, she said she’s witnessing a new generation being ushered into caring about inclusion at a systemic level.

☆ Supreme Court to Hear Arguments on Race in College Admissions
▼ + stars: | 2022-10-31 | by ( Jess Bravin | Melissa Korn | ) www.wsj.com time to read: 1 min

The affirmative action suits before the Supreme Court combine questions of race in American society and access to prestigious universities. WASHINGTON—The Supreme Court will hear arguments Monday over whether colleges can consider race in admissions decisions, a practice the justices approved in 1978 and repeatedly reaffirmed but today’s more conservative majority agreed to review. The court has scheduled separate cases beginning at 10 a.m., one against the University of North Carolina, a state flagship, followed by another involving a private Ivy League institution, Harvard College. Both suits were filed by Students for Fair Admissions, a group founded by conservative activist Edward Blum , who has brought several cases to the Supreme Court seeking to end practices that take race into account.

The Supreme Court on Monday wades into the decadeslong legal fight over affirmative action in cases challenging policies at the University of North Carolina and Harvard University, with the conservative majority expected to be open to ending the practice. The Supreme Court, which has a 6-3 conservative majority, will hear back-to-back oral arguments in the UNC and Harvard cases; the session is likely to last several hours. The arguments against affirmative action are being brought by a group called Students for Fair Admissions, led by conservative activist Ed Blum. The court shifted to the right following former President Donald Trump’s appointment of three conservative justices. If affirmative action is ended, those defending the practice say, race-neutral policies aimed at achieving diversity will often fail, leading to a decline in Black and Hispanic enrollment.

☆ Supreme Court's conservative majority seems open to eliminating affirmative action in university admissions process: 'Why do you have these boxes?'
▼ + stars: | 2022-10-31 | by ( Oma Seddiq | ) www.businessinsider.com time to read: +9 min

The Supreme Court heard two high-profile challenges to race-conscious university admissions processes. The court's conservatives appeared open to ending race as a factor in university admissions. Thomas, the second Black person to ever serve on the bench, has long been critical of race-conscious admissions policies. They cannot adopt race-conscious admissions and sit back reflexively and let that play out forever into the future," Prelogar said. "At present, it's not possible to achieve that diversity without race-conscious admissions, including at the nation's service academies."

The court confronts this divisive issue four months after its major rulings curtailing abortion rights and widening gun rights. The court's 6-3 conservative majority is expected to be sympathetic toward the challenges to Harvard and UNC. The cases give the court an opportunity to overturn its prior rulings allowing race-conscious admissions policies. Blum's group said UNC discriminates against white and Asian American applicants and Harvard discriminates against Asian American applicants. UNC said there is a difference between a racist policy like segregation that separates people based on race and race-conscious policies that bring students together.

According to Harvard, around 40% of U.S. colleges and universities consider race in some fashion in admissions. The Supreme Court has been upheld such policies, most recently in a 2016 ruling involving a white woman who sued after the University of Texas rejected her. Ruling in favor of the plaintiffs could require the court to overturn its 2016 ruling and earlier decisions. 'DIVERSITY AND INCLUSION'The lawsuits accused UNC of discriminating against white and Asian American applicants and Harvard of discriminating against Asian American applicants. Circuit Court of Appeals found that Harvard's use of race was "meaningful" and not "impermissibly extensive" because it prevented diversity from plummeting.

☆ Supreme Court could eliminate affirmative action in university admissions as it considers high-profile challenges against Harvard and University of North Carolina
▼ + stars: | 2022-10-29 | by ( Oma Seddiq | ) www.businessinsider.com time to read: +7 min

Students for Fair Admissions wants the Supreme Court to eliminate race as a factor in university admissions. The Supreme Court will hear the two high-profile challenges on Monday. "I represent so many communities in which affirmative action benefits us all the time," Agustín León-Sáenz, a first-generation immigrant from Ecuador and a sophomore at Harvard, told Insider. The Supreme Court has over the years confronted the role of race in university admissions and repeatedly maintained the constitutionality of affirmative action. The Supreme Court is expected to hand down its decisions in the pair of cases by June.

Most court observers are expecting that the court’s 6-3 conservative majority will be sympathetic to the arguments against affirmative action being brought by a group called Students for Fair Admissions. Ed Blum, the anti-affirmative action activist who leads the group, said he hopes the court "will finally end these polarizing and unfair racial preferences in college admissions." The court shifted to the right following former President Donald Trump’s appointment of three conservative justices, creating the 6-3 conservative majority. Polanco joined other UNC alumni and current students in defending the existing admissions policy in court. They argue that the UNC admissions policy discriminates against white and Asian applicants and that the Harvard policy discriminates against Asians.

Search resuls for: "Blum"

25 mentions found