DIRS.INFO The most relevant business & tech news

☆ New Zealand Green Party Parliamentarian Resigns Over Shoplifting Allegations
▼ + stars: | 2024-01-15 | by ( Jan. | At P.M. | ) www.usnews.com time to read: +1 min

By Lucy CraymerWELLINGTON (Reuters) - A New Zealand Green Party parliamentarian resigned on Monday after it was alleged by media she had shoplifted at high end local boutiques on at least three occasions. It’s not a behaviour I can explain because it’s not rational in any way, and after medical evaluation, I understand I’m not well," her statement said. New Zealand Police said in a statement they were investigating an incident at a Ponsonby store in December but would not give any other details. Ghahraman said that she thanked Scotties Boutique for their kindness and empathy. Green Party co-leader James Shaw said that while parliament was a stressful place for everybody, Ghahraman had a particularly difficult time as she had received numerous threats from members of the public since arriving in office.

Persons: Lucy Craymer WELLINGTON, Golriz Ghahraman, Ghahraman, James Shaw, Lucy Craymer, Sonali Paul Organizations: Reuters, Zealand Green Party, Local, Wellington . New Zealand Police, Ponsonby, Boutique, Green Party Locations: Ponsonby, Auckland, Cre8iveworkz, Wellington .

☆ Opinion | What Trump Voters Understand About the Economy
▼ + stars: | 2024-01-15 | by ( Roger Lowenstein | ) www.nytimes.com time to read: +1 min

Why is Donald Trump continuing to poll so strongly with voters? As unpalatable as a second Trump term would be, many pundits who tackle this question have ignored a striking fact: The typical household’s living standard improved during the three Trump years before the pandemic. The old saw that Mussolini got the trains to run on time should not be understood as an endorsement. But it is one thing to loathe Mr. Trump and hope for his defeat. The leitmotif in such arguments is that blue voters are rational political actors voting on merit while Trump is appealing primarily, if not exclusively, to irrational semi-citizens devoid of even self-interested calculation.

Persons: Donald Trump, Biden, Mussolini, Mr, Trump, ” Organizations: Trump, Survey, Consumer Finances

I don’t know. ross douthatIt’s true that he didn’t want the vice president to have a sort of separate political agenda. I don’t think that it was a fait accompli —ross douthatThat’s true. He would legitimately sabotage, kneecap his own vice president, just to prove no one else could do it. carlos lozadaLet’s just say, I will be your vice president, Michelle, anytime.

Persons: michelle cottle, I’m Michelle Cottle, ross douthat I’m Ross Douthat, carlos lozada I’m Carlos Lozada, lydia polgreen, Lydia Polgreen, ross douthat, carlos lozada, That’s, Ross, Michelle, what’s, — carlos lozada Oh, ”, Donald John Trump, it’s, Lozada, LYDIA, — carlos lozada Selena, michelle cottle We’re, they’re, Selena Meyer, michelle cottle Ross, Carlos, ross, Joe Biden, Biden, Obama, — carlos lozada Super, haven’t, Dick Cheney, carlos lozada Pence, Pence, Cheney, Kamala Harris, — carlos lozada, carlos lozada Weirdly, won’t, Richard Nixon, Al Gore, — ross douthat, lydia polgreen —, Kamala Harris —, Mike Pence, ross douthat They’re, Harris, George H.W Bush, Ronald Reagan, Nelson Rockefeller, Gerald Ford, Clinton, Joe Lieberman, Lieberman, — carlos lozada Joementum, michelle cottle Joementum, Gore, Trump, Newt Gingrich, It’s, michelle cottle Let’s, carlos lozada Well, Elaine Kamarck, J.F.K, Southern L.B.J, Carter, Mondale, Bush, Jules Witcover, lydia polgreen Scintillating, Quayle, Jesus, carlos lozada Right, Dan Quayle, George H.W, lydia polgreen Hah, V.P.s, Truman, — ross, ross douthat Really, — Yup, carlos lozada Biden, lydia polgreen Richard Nixon, Spiro Agnew, George H.W . Bush, Dan, John McCain, Sarah Palin, — michelle cottle, gosh, Palin, lydia polgreen “, Tina Fey, carlos lozada The Palin, We’ve, John the Baptist, Donald Trump’s, lydia polgreen Wow, michelle cottle Oh, ross douthat Sarah, Jimmy Carter, White, carlos lozada Jimmy Carter, michelle cottle Fine, polgreen, michelle cottle Alrighty, hasn’t, CARLOS SIGHS, lydia polgreen Boy, michelle cottle Carlos, Donald Trump, who’s, Marjorie Taylor Greene, Kari Lake, carlos lozada I, michelle cottle He’s, he’s, —, lydia polgreen That’s, lydia polgreen MAGA King, Lydia, — michelle cottle That’s, let’s, there’s, Nikki Haley, MICHELLE, Haley, There’s, carlos lozada Doesn’t, George W, Bush’s, michelle cottle Dick Cheney, ross douthat I’m, — michelle cottle You’re, Vivek, Nikki Haley’s, I’m, Ron DeSantis, Kristi Noem — lydia polgreen, Michelle — michelle cottle —, Kristi Noem, Rushmore, CARLOS, it’ll, Sarah Huckabee Sanders, MAGA, Vance, michelle cottle There’s, Elise Stefanik, doesn’t, ross douthat Trump, we’ll, — lydia polgreen, ross douthat —, carlos lozada —, Mueller, Nikki doesn’t, ROSS, don’t, can’t, Nikki, Nikki —, Peter Baker, Susan Glasser — michelle cottle, carlos lozada It’s, michelle cottle Hey, carlos lozada There’s, Walter Mondale, michelle cottle Can’t, carlos lozada Oh, carlos lozada Whoa, michelle cottle Woohoohoo, carlos lozada Potato, lydia polgreen Oh, MICHELLE GASPS, lydia polgreen Oooh, I’ve, michelle cottle That’s, michelle cottle I’d, michelle cottle Don’t, carlos lozada Let’s, Phoebe Lett, Sophia Alvarez Boyd, Derek Arthur, Alison Bruzek, Kate Sinclair, Mary Marge Locker, Michelle Harris, Efim Shapiro, Carole Sabouraud, Pat McCusker, Shannon Busta, Kristina Samulewski, Rose Strasser, carlos lozada — “, ” Jimmy Carter’s, lydia polgreen Woo, Frank Church, Scoop Jackson, John Glenn, Ed Muskie, Adlai Stevenson, Pete Rodino, Muskie, ross douthat We’re, — carlos lozada It’s, — carlos lozada Yes, Lord Jesus Organizations: New York, Iowa Republicans, ross douthat Real, HBO, Hollywood, Bush, Republican, Trump, Biden, Republicans, Southern, Conservative, Democratic, “, carlos lozada Central, Heritage Foundation, Supreme, State, New Hampshire, Michigan, University of Notre Dame, Irish, Associated Press, Notre Dame, hashtag Locations: Iowa, Minnesota, California, ‘, Massachusetts, Clinton, Gore, Cheney, America, George H.W ., Russia, —, New Spain, South Dakota, New, American, Michigan, Washington, Plains

Neri Oxman , a former MIT professor and celebrity within the world of academia, stole sentences and whole paragraphs from Wikipedia, other scholars, and technical documents in her academic writing, Business Insider has found. AdvertisementNeri Oxman directly copied from Wikipedia in her Ph.D. dissertationOn page 81 of her dissertation, "Material-based Design Computation," Oxman published two sentences without attribution that had previously appeared on Wikipedia. Business InsiderThe Wikipedia article for "Weaving" featured virtually identical sentences in April 2010 , when Oxman's dissertation was submitted. Business InsiderOxman's cribbing from the "Weaving" article was one of 15 examples that BI found Oxman plagiarizing from a Wikipedia article in her dissertation. The bulk of the plagiarism BI found was in her dissertation, which runs more than 300 pages.

Persons: Neri Oxman, Oxman, Bill Ackman, Ackman, Claudine Gay, Gay, Claudine Gay's, It's, Rick Norwood, silkworms, Wolfram MathWorld, M.Y . Zhou, Bruno Zevi, Sally Kornbluth Organizations: MIT, Pershing, Capital Management, Washington Free Beacon, Business, Creative, East Tennessee State University, MIT Media, Rhino, BI, Da Capo Press, MIT Corporation, Eastern Tennessee State University Locations: Gaza

☆ Matthew Perry's death means hard questions for the ketamine movement
▼ + stars: | 2023-12-20 | by ( Anna Silman | ) www.businessinsider.com time to read: +10 min

AdvertisementWhen Charles Patti read that ketamine had been a major factor in the "Friends" star Matthew Perry's death, his heart sank. AdvertisementMultiple researchers told Business Insider that labeling ketamine as the sole cause of Perry's death is misleading. "Matthew Perry's ketamine overdose should be a lesson in expanded use of the dangerous drug," declared The New York Post. There's no data on how many people go from receiving ketamine treatment in clinics to using it without a prescription. Herzberg, the historian, said he's not particularly worried about Perry's death causing a moral panic.

Persons: Matthew Perry, —, Charles Patti, Matthew Perry's, Patti, Perry, Matthew, Joanna Moncrieff, Ryan Marino, Marilyn Monroe's, David Herzberg, Len Bias, Gerard Sanacora, it's, Chrissy Teigen, Elon Musk, We've, Herzberg, wasn't, Sanacora, I've, Sandhya Prashad, wouldn't, Keith Trujillo, Trujillo, he's Organizations: Service, Los, Business, New York, University of Buffalo, Yale, FDA, American Society, Physicians, Psychotherapists Locations: Florida, Los Angeles County, British, Swiss

☆ Charlie Munger only trusted one person besides Warren Buffett with his personal fortune. Here's a look at Li Lu's tribute to the legendary investor.
▼ + stars: | 2023-12-04 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +3 min

Charlie Munger's close friend and confidant, Li Lu, recently penned a tribute to the late investor. AdvertisementA close friend and confidant of Charlie Munger recently published a tribute to the legendary investor who died last week, highlighting the values and principles that made him unique. Li Lu, the only person other than Warren Buffett who Munger trusted to invest his personal fortune, penned a eulogy titled "Remembering my teacher Charlie Munger" on Facebook. Li has roughly quintupled the sum since then, making it little surprise that Munger — Buffett's right-hand man and Berkshire Hathaway's vice chairman — has dubbed him the "Chinese Warren Buffett." "Charlie Munger answered those questions through his long exemplary life."

Persons: Charlie Munger's, Li Lu, Warren Buffett's, Li, Munger, —, Charlie Munger, Warren Buffett, Charlie Organizations: Service, Facebook, Berkshire Hathaway's, Berkshire, Daily, Capital Management Locations: BYD, China

☆ Opinion: Taylor Swift has it. Elon Musk and George Santos don’t
▼ + stars: | 2023-12-03 | by ( Richard Galant | ) edition.cnn.com time to read: +18 min

Exit George SantosVideo Ad Feedback SE Cupp: Trump didn't pave the way for George Santos. In the week that Americans said goodbye to Rosalynn Carter, Henry Kissinger and Sandra Day O’Connor, it was jarring that Santos occupied our minds. But as SE Cupp argued, in a more rational world, Santos would have resigned from Congress long ago. • Join us on Twitter and Facebook“Many Republicans just don’t care,” wrote Zelizer. Ron Edmonds/APAs a 12-year-old girl in 1981, Traci Lovitt was riveted by the appointment of Sandra Day O’Connor as the first woman on the Supreme Court.

Persons: William James, “, James, Webster, — Taylor Swift, Elon Musk, Taylor, Jeff Yang, aplomb, Swift, Ariana Grande, Tay, bestie, ”, ” Yang, Holly Thomas, ‘, Emma Chamberlain, we’re, we’ll, We’ll, Exit George Santos, George Santos, Rosalynn Carter, Henry Kissinger, Sandra Day O’Connor, Santos, New Jersey Sen, Bob Menendez, Cupp, Mercedes, ” Santos, Menendez “, Menendez, Donald Trump, Trump, Bill Clinton, ” Clay Jones Liz Cheney’s, Liz Cheney, ” Cheney, Julian Zelizer, Cheney, Kevin McCarthy, McCarthy, ” “, craven, — Cheney, Wade, Patrick T, Brown, ’ Trump, ” Brown, Sen, John McCain, ” Nick Anderson, Agency Nikki Haley’s, Nikki Haley, Koch, Haley, Geoff Duncan, ” Duncan, Joe Biden’s, Biden, Barack Obama, ” “ Haley, Nicole Hemmer, Bill Carter, Hannity, Newsom, Henry Kissinger’s, Henry “ Kissinger, Fareed Zakaria, Kissinger, Stalin, reread Spinoza, ” Kissinger, Zakaria, ” Jeremi Suri, ” “ Kissinger, Peter Bergen, Christopher Hitchens, Henry Kissinger David Andelman, Joe Biden, Phil Hands, Frida Ghitis, it’s, Netanyahu, Ghitis, Hani Almadhoun, Almadhoun, ” Elon, Jill Filipovic, X, Dean Obeidallah, Keith Magee, Lisa Benson, GoComics.com, Dominic Erdozain, Ronald Reagan, ’, Walt Handelsman, Will Leitch, William Faulkner, Robert Frost, John Steinbeck, Leitch, … I’d, ” Don’t, Dana Summers, Agency Amy Klein, Stuart E, Carter, Carmen Cusido, Sandra Day, Sandra Day O'Connor, Ron Edmonds, Traci Lovitt, O’Connor, Lovitt, Antonin Scalia, — Organizations: CNN, Oxford, Merriam, Exit, Trump, White House, Republican, Democrat, Independent, Mar, Twitter, Facebook, Republicans, Affordable, “, Tribune, Agency, New York Times, Biden, United Nations Relief, Works Agency, Musk’s, Islamic State, America “, National Commission, Illustrated, Sports, AP, Stanford Law, Potomac Locations: Merriam, New York, New Jersey, Roe, Georgia, Siena, optimists, European, Nazi Germany, Vietnam, Cambodia, Gaza, Israel, America, America “ America, United States, Arizona

☆ Live updates: Trump lawyers argue in Georgia 2020 election case motions hearing
▼ + stars: | 2023-12-01 | by ( Dan Berman | Andrew Menezes | ) edition.cnn.com time to read: +3 min

Fulton Superior Court Judge Scott McAfee departs after presiding over a hearing at the Fulton County Courthouse in Atlanta on November 15. But it’s in Georgia where he and his alleged co-conspirators face a combined 41 state charges for trying to overturn legitimate election results in the 2020 presidential election. This is the first time Trump’s attorneys will appear in court in the Fulton County case, though their client won’t be with them. Trump hasn’t yet been in the Atlanta courthouse – he previously waived his right to an arraignment hearing – though he was processed at the Fulton County jail in late August. Read more about the Georgia election subversion case.

Persons: Scott McAfee, Arvin Temkar, Donald Trump’s, Trump, ” Drew Findling –, Steven Sadow, Jennifer Little, Sadow, “, ” Sadow, Kenneth Chesebro, Sidney Powell, Chesebro, Powell, McAfee Organizations: Reuters, Trump, United Locations: Fulton, Atlanta, Georgia, United States, Fulton County

Atlanta CNN —Former President Donald Trump’s attorneys in the Georgia election subversion case are set to defend their client in a Fulton County courtroom for the first time on Friday as they try to have the charges thrown out on First Amendment grounds. This is the first time Trump’s attorneys will appear in court in the Fulton County case, though their client won’t be with them. Trump hasn’t yet been in the Atlanta courthouse – he previously waived his right to an arraignment hearing – though he was processed at the Fulton County jail in late August. She used a similar legal strategy in a 2014 RICO case in Fulton County, according to a source familiar with the matter. Despite his mounting legal debt and the fact that he is almost 80, sources close to Giuliani said he intends to fight the Georgia case.

Persons: Donald Trump’s, Trump, ” Drew Findling –, Steven Sadow, Jennifer Little, Sadow, “, ” Sadow, Scott McAfee, Kenneth Chesebro, Sidney Powell, Chesebro, Powell, McAfee, Trump’s, Fani Willis, ” Willis, Jack Smith, Smith, ”, Willis ’, Eastman, John Eastman, Fulton, Donald Trump, Willis, Mark Meadows, Jeffrey Clark, Clark, Meadows, ” “, Bob Cheeley, Cheeley, Robert Cheeley, Cheeley’s, Buddy Parker, Rudy Giuliani –, haven’t, Giuliani, Allyn Stockton Jr, David Shafer, ” Shafer, Rudy Giuliani’s, Robert Costello, Giuliani groped, CNN Giuliani, Brian Tevis, David Wolfe, CNN’s Paula Reid, Evan Perez, Marshall Cohen Organizations: Atlanta CNN —, Trump, United, Fulton, Republican, Prosecutors, Washington Post, “, U.S, CNN, Trump Trump, Trump White House, Secret, Justice, Appeals, DC, Georgia’s, Senate, Atlanta Public Schools, Georgia Republican Party, Georgia State Senate, Electoral College, New, Atlanta Locations: Georgia, Fulton, Atlanta, United States, Fulton County, Washington , DC, Meadows, ” Meadows, Washington, Trump, State of Georgia, New York, Aidala, Stockton, Rabun County

The speech by Hamas' leader in Gaza to thousands of cheering supporters bore the hallmarks of crowd-pleasing hyperbole. In the days after the Oct. 7 attacks, Sinwar was seen by some of the Israeli hostages in the tunnels, freed hostages have said. "DEAD MAN WALKING"Born in the Khan Younis refugee camp, Sinwar, 61, was elected as Hamas' leader in Gaza in 2017. Both Hamas leaders and Israeli officials who know Sinwar agree he is devoted to the militant movement to an extraordinary level. "He told me Hamas is my wife, Hamas is my child.

Persons: Yahya Sinwar, Mohammed Deif, Heard, Aqsa, Sinwar, Khan, Yoav Gallant, Michael Koubi, Koubi, Yuval Bitton, Bitton, Stephen Farrell, Jonathan Saul, Samia, Nidal Al, Frank Jack Daniel Our Organizations: Hamas, Deif, Reuters, Shin Bet, Prison, Thomson Locations: Gaza, Israel, Israel's, Hamas, Al, Jerusalem, Qatar, Gaza City, Lebanon, Bitton, London, Samia Nakhoul, Beirut, Mughrabi, Cairo

[1/2] Former UK finance minister (Chancellor of the Exchequer), Alistair Darling, poses for a photograph in Edinburgh, Scotland, Britain, Aug 31, 2018. REUTERS/Russell Cheyne/File Photo Acquire Licensing RightsLONDON, Nov 30 (Reuters) - Former British finance minister Alistair Darling, who steered the country's economy and banking system through the shock of the global financial crisis in 2007-08, has died aged 70 after undergoing treatment for cancer, his family said on Thursday. Darling was named chancellor of the exchequer by former prime minister Gordon Brown in June 2007, just as the crisis was brewing at leading financial institutions. "I never met anyone who didn't like him," Brown's predecessor as prime minister, Tony Blair, said. "Darling's passing is a huge loss to us all," said Britain's present prime minister Rishi Sunak, from the centre-right Conservative party.

Persons: Alistair Darling, Russell Cheyne, Darling, Gordon Brown, Brown, Margaret, Calum, Anna, Tony Blair, Lehman, Rishi Sunak, Muvija, Kate Holton, Andrew Heavens Organizations: REUTERS, Royal Bank of Scotland, Lloyds TSB, Labour Party, Treasury, Western General Hospital, Loretto School, Aberdeen University, The Guardian, Lehman Brothers, Conservative, Thomson Locations: Edinburgh, Scotland, Britain, British, United Kingdom

☆ How Wall Street's Culture Is Contributing to the Loneliness Crisis
▼ + stars: | 2023-11-30 | by ( Emmalyse Brownstein | ) www.businessinsider.com time to read: +14 min

Wall Street is notorious for its long hours and stressful lifestyle, particularly at the junior level, where grunt work abounds. They'd work hard and play hard, with an enviable social life like in all the Wall Street movies she'd seen. But Wall Street workers say that the nature of finance — the office politics and uniquely competitive cohort — can create a work culture that exacerbates feelings of loneliness. Some of the loneliness comes from this — it's all new, it feels bad, it's scary, and they don't feel like they can talk to anyone. But that doesn't mean people working on Wall Street can't do anything to mitigate their loneliness.

Persons: Madison, They'd, She'd, we'd, Cigna, it's, Wharton, Abbey, Denise Shull, Michael Sloyer, Goldman Sachs, Bumble BFF, Bumble, She's, —, Shull, I've, doesn't, They're, Sam Glazer, It's, Glazer, who's, There's, Goldman Organizations: Hamptons, Business, Wall, Ivy League, Madison, Harvard, NYU, Fifth Avenue Psychiatry Locations: New York City, Madison, Wharton, Yale, Upbuild, New York

☆ Henry Kissinger, the revered and controversial statesman who once tried to return his Nobel Peace Prize, dead at 100
▼ + stars: | 2023-11-30 | by ( Associated Press | Sebastian Cahill | ) www.businessinsider.com time to read: +7 min

Henry Kissinger died at his Connecticut home. The controversial and polarizing statesman made choices in foreign policy that impact the US today. AdvertisementDr. Henry Kissinger, scholar and former US secretary of state, died at 100 at his home in Connecticut, Kissinger Associates, Inc. said in a statement Wednesday. Xi Jinping and Henry Kissinger Nicolas Asouri/ReutersKissinger was a practitioner of realpolitik — using diplomacy to achieve practical objectives rather than advance lofty ideals. Former US Secretary of State Henry Kissinger speaking in October 2023, in an interview about the Gaza attack on Israel.

Persons: Henry Kissinger, —, Kissinger, Nancy Kissinger, David, Elizabeth, John Duricka, John F, Kennedy, Lyndon B, Johnson, Golda Meir, PL, — Kissinger, Xi Jinping, Henry Kissinger Nicolas Asouri, Richard Nixon, Nixon, Axel Springer Organizations: Service, Kissinger Associates, Inc, Nazi, State, Paris Peace Accords, Reuters, Harvard, Getty, PL Gould, Senate Armed Services Committee, NPR, National Security Council, Khmer Rouge, ABC, CBS Locations: Connecticut, Nazi Germany, United States, Germany, America, Vietnam, China, Southeast Asia, Latin America, Paris, South Vietnam, Saigon, Israeli, New York City, Soviet Union, Chile, White, Cambodia, Khmer, Gaza, Israel

☆ Here's some of the best advice offered by late investing legend Charlie Munger
▼ + stars: | 2023-11-28 | by ( Jordan Hart | Theron Mohamed | ) www.businessinsider.com time to read: +7 min

Read previewWell-known investor Charlie Munger has died at the age of 99 after a decades-long career. In the last decades of his life, Munger began selling or donating the majority of his Berkshire stock. You're going to crater immediately. If you've got two suitors who are eager to have you, but one is way better than the other, you're going to choose that one rather than the other. If you don't, you're going to need a lot of luck."

Persons: —, Charlie Munger, Munger, Berkshire Hathaway, Warren Buffett, Buffett, I'm, Bonnie Schiffman, you've, it's, We're, Warren Organizations: Service, Forbes, CNBC Locations: Berkshire, Omaha, Berkshire Hathaway

☆ Berkshire Hathaway vice chairman Charlie Munger dies at 99
▼ + stars: | 2023-11-28 | by ( ) www.reuters.com time to read: +12 min

Nov 28 (Reuters) - Charlie Munger, the longtime vice chairman and second-in-command to Warren Buffett at Berkshire Hathaway (BRKa.N), died on Tuesday morning at a California hospital. For stock-pickers like us to lose Charlie Munger, would be like if you’re a basketball fan and you lose Bill Russell. "I wouldn't think Berkshire will look much different, apart from Buffett no longer being able to share ideas with Munger. CATHERINE SEIFERT, VICE-PRESIDENT, CFRA RESEARCH, NEW YORK“Berkshire Hathaway shareholders are not going to be directly or negatively impacted from the passing of Charlie Munger. Therewass already a transition plan in place and there's a transition plan in place when Warren Buffett passes away.

Persons: Charlie Munger, Warren Buffett, Charlie, WHITNEY TILSON, BRIAN MOYNIHAN, Charlie Mungerwass, ” BURNS MCKINNEY, Bill Russell, ”, Berkshire Hathaway, ” PHIL ORLANDO, FEDERATED HERMES, BILL, Buffett, Munger, PHILLIP, —, STEVE SOSNICK, “, ” WIN MURRAY, DIAMOND, MARY JO, BILL SMEAD, Warren, ” “ Buffett, Todd Combs, Ted Weschler, ” PAUL LOUNTZIS, Greg Abel, I've, you'll, STEPHEN DODSON, hewass, ” PAUL NOLTE, FOR MURPHY, Warren Buffet, they've, QUINCY KROSBY, RICK MECKLER, CHERRY, NEW VERNON, Hewass, obviouslywass, DOUG KASS, ” THOMAS RUSSO, GARDNER RUSSO, QUINN, CATHERINE SEIFERT, he's, ” ANTHONY SAGLIMBENE, THOMAS HAYES Organizations: Berkshire Hathaway, COOK, APPLE, WHO, KASE, OF, FEDERATED, Berkshire, ” WIN, THE BRETTON, SAN, SYLVEST, NEW, Buffett, GREAT, Global Finance, Markets, Thomson Locations: California, Munger, Berkshire, American, DALLAS , TEXAS, GLENVIEW, CALIFORNIA, CONNECTICUT, DIAMOND HILL, COLUMBUS , OHIO, PHOENIX, ” “ Berkshire, , PENNSYLVANIA, ELMHURST, IL, CHARLOTTE, NC, CHERRY LANE, NEW JERSEY, LANCASTER , PENNSYLVANIA, Munger . Berkshire, TROY , MICHIGAN, GREAT HILL

☆ Finland to close last operating checkpoint on Russian border
▼ + stars: | 2023-11-28 | by ( Eve Brennan | ) edition.cnn.com time to read: +4 min

CNN —Finland will close the last operating checkpoint on its Russian border on Thursday, entirely shutting off the NATO country’s eastern border with Russia for two weeks. In Tuesday’s press release, Finland’s interior ministry said entry into Finland at the eastern border has continued despite restrictions. “Since the beginning of August, almost 1,000 third-country nationals have arrived in Finland without a visa via the border crossing points at the eastern border. He welcomed the move by the European Union’s border agency, Frontex, to deploy 50 guards along the Finnish border. Earlier this year, the Finnish Border Guard also began the pilot phase of constructing an eastern border barrier fence along some key parts of the border.

Persons: Petteri Orpo, Mari Rantanen, Alexander Grushko, ”, Grushko, “, Jens Stoltenberg, ” Stoltenberg, Stoltenberg, Vladimir Putin’s “ Organizations: CNN, NATO, Finland’s Ministry, Internal Affairs, Finland’s, Finnish Border Guard, Government Locations: Finland, Russia, Helsinki, Ukraine, ”, Russian, Moscow, “, Finnish, Brussels, European

☆ Charlie Munger, the 'Oracle of Pasadena' who was Buffett's second-in-command
▼ + stars: | 2023-11-28 | by ( Jonathan Stempel | ) www.reuters.com time to read: +8 min

Berkshire Hathaway Vice Chair Charlie Munger arrives to begin the company's annual meeting in Omaha May 4, 2013. EXPANDING BUFFETT'S HORIZONSMunger and Buffett did differ politically, with Munger being a Republican and Buffett a Democrat. Like Buffett, Munger was a fan of the famed economist Benjamin Graham. ORACLE OF PASADENAFans dubbed Buffett the "Oracle of Omaha," but Munger was held in equal esteem by his own followers, who branded him the "Oracle of Pasadena" after his adopted hometown in California. "I was raised by people who thought it was a moral duty to be as rational as you could possibly make yourself," Munger told Daily Journal shareholders in 2020.

Persons: Charlie Munger, Rick Wilking, Charles Munger, Warren Buffett's, Munger's, Buffett, Munger, Berkshire Hathaway, HORIZONS Munger, Santa Barbara, Warren, Benjamin Graham, Charlie, Ben Graham, Charles T, Kathy Kristof, Buffett's, Ernest . Buffett, Olson, Wheeler, Alice Schroeder, Nancy, Graham, Heinz, Todd Combs, Ted Weschler, Nancy Munger, Jonathan Stempel, Diane Craft, Rosalba O'Brien Organizations: Berkshire Hathaway, REUTERS, Berkshire Hathaway Inc, Munger, CNBC, Buffett, HORIZONS, Republican, University of California, Berkshire, ORACLE, PASADENA, Oracle, Wesco Financial Corp, Daily Journal Corp, Daily, Los Angeles Times, University of Michigan, U.S . Army Air Corps, Harvard Law School, Tolles, Munger &, Omaha Club, BNSF, 3G Capital, Kraft Foods, Reuters, Thomson Locations: Omaha, California, Berkshire, Omaha , Nebraska, Vienna, Santa, Pasadena, Munger, TETE, Los Angeles, New York

Toys, games and hobby gear are on track to be less expensive this holiday season for the first time since 2020, while sporting goods prices are down this holiday for the first time since 2018, data from the Bureau of Labor Statistics (BLS)showed. To be sure, prices overall are higher in 2023 despite slowed price growth, with October's consumer price index climbing to 3.2% year-over-year. The figure remained flat on a month-over-month basis, signaling some holiday item prices may be slow to come down. Despite a dip in sporting goods prices, they continue to pace above 2019 levels. Walmart WMT.N said prices of general merchandise - clothing, electronics, furniture - had declined by low to mid-single-digit percentages versus last year, enabling the retailer to cut prices this holiday season.

Persons: Theresa Forsberg, Jill Lizzo, Barbie, Walmart WMT.N, it's, ”, Christina Hennington, Vincent Alban, Jessica Ramirez, Jane Hali, Jeffrey Roach, Macy's, Kevin Simpson, Simpson, Siddharth Cavale, Amina Niasse, Jonathan Oatis Organizations: Bureau of Labor Statistics, Walmart, Reuters Graphics Reuters, REUTERS, Associates, LPL, Dick's Sporting, Reuters, Wealth, Target, Home Depot, Wayback Machine, Thomson Locations: New Milford , Connecticut, New York's Harlem, Chicago , Illinois, U.S, New York

A child looks at toys in a Target store ahead of the Thanksgiving holiday and traditional Black Friday sales in Chicago, Illinois, U.S. November 21, 2023. Toys, games and hobby gear are on track to be less expensive this holiday season for the first time since 2020, while sporting goods prices are down this holiday for the first time since 2018, data from the Bureau of Labor Statistics (BLS)showed. Walmart WMT.N said prices of general merchandise - clothing, electronics, furniture - had declined by low to mid-single-digit percentages versus last year, enabling the retailer to cut prices this holiday season. Black Friday discounts are 30% to 50% at major retailers and could go deeper later in the season. "You're going to see margin compression and potentially lower sales," said Simpson, whose firm holds shares in Walmart and Home Depot.

Persons: Vincent Alban, Barbie, Walmart WMT.N, it's, ”, Christina Hennington, Jessica Ramirez, Jane Hali, Jeffrey Roach, Kevin Simpson, Simpson, Siddharth Cavale, Amina Niasse, Jonathan Oatis Organizations: REUTERS, Bureau of Labor Statistics, Reuters Graphics Reuters, Walmart, Associates, LPL, Wayback Machine, Dick's Sporting, Reuters, Wealth, Target, Home Depot, Thomson Locations: Chicago , Illinois, U.S, Macy's, New York

Our experts answer readers' investing questions and write unbiased product reviews (here's how we assess investing products). As a financial planner, I've witnessed plenty of big investment mistakes. In my opinion as a financial planner, you need to invest if you want to grow wealth. Avoiding investments altogetherThere's no shortage of investment mistakes you can make. Have a strategic way to determine how much cash you truly need on hand — then consider investing the rest.

Persons: I've, —, Get, they'll, Warren Buffett Organizations: Service, SEC, Invest

And I write about politics, I write about culture, I write about social science, and from time to time, I write about world events. Because the Middle East is so contentious, a lot of the brutalism is right here in our own country. So I wanted to learn from the wise people in the past, how do you stay humane in times that are inhumane? It’s dangerous to be gentle and open-hearted in hard times, but it’s also dangerous to shut off your heart. And then I flicked down my social media feed, and I see an old video of James Baldwin being interviewed.

Persons: David Brooks, I’ve, we’ve, We’re, Homer, Agamemnon, Achilles, Max Weber, ”, James Baldwin Organizations: The New York Times Locations: Gaza, Athens, Jerusalem

☆ Bumble founder Whitney Wolfe Herd's daily routine: 5:15 a.m wake-ups and dialing into meetings after dropping her son off at school
▼ + stars: | 2023-11-19 | by ( Kylie Kirschner | ) www.businessinsider.com time to read: +5 min

Bumble founder Whitney Wolfe Herd is stepping down as CEO after almost a decade. "I sleep with the drapes open to rise with the sun," Wolfe Herd told the outlet back in 2017. Advertisement"You only have two hands," Wolfe Herd told Entrepreneur in 2017. Like many parents, Wolfe Herd also said she dealt with late nights and sleep deprivation. "You just never know what you're gonna get," Wolfe Herd told Time.

Persons: Bumble, Whitney Wolfe, —, Whitney Wolfe Herd, Wolfe Herd, Wolfe, Michael Herd, Emma Watson Organizations: Service, Times, New York Times, Texas Capitol, Chappy Locations: London, Texas

☆ Markets are cheering the prospect of rate cuts next year, but it's a double-edged sword
▼ + stars: | 2023-11-18 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +5 min

But that's a tricky situation for investors, as cuts would likely come in response to a slowing economy. Rate cuts aren't inherently bullish and signs emerging that the economy is slowing into year-end. AdvertisementMarkets are cheering the possibility the Federal Reserve could begin slashing interest rates next year, but rate cuts are a double-edged sword, Wall Street experts are warning, because of what the move would signal about the broader economy. But rate cuts may not be the decidedly bullish catalyst markets are hoping for. AdvertisementMarkets have been eyeing a Fed rate cut to trigger a bullish rally in stocks.

Persons: —, we've, Paul McCulley, Chris Grisanti, We're, Claudia Sahm Organizations: Service, Reserve, Fed, CNBC, Mai Capital Management, Deutsche Bank, UBS, Atlanta Fed

☆ Opinion: Why Israel’s divide-and-rule approach towards Palestinians backfired so spectacularly
▼ + stars: | 2023-11-17 | by ( Opinion Hussein Ibish | ) edition.cnn.com time to read: +13 min

Why Ending the Occupation and Peace with Israel is Still the Palestinian National Goal.” The views expressed in this commentary are his own. Hamas’ unwavering commitment to armed struggle and violence allowed the Israeli right to paint the entire Palestinian national movement as hopelessly extreme. He reportedly said that this was part of Israel’s strategy — to isolate the Palestinians in Gaza from the Palestinians in the West Bank. But the old, infirm and chain-smoking politician, who at least has time and again proven his unwavering rejection of violence as a Palestinian national strategy, represents exactly this trend among Palestinians. The Biden administration appears to understand the challenge in theory, but how much they can or will do to implement such a revised policy towards the Palestinian political scene is uncertain at best.

Persons: Hussein Ibish, Read, Shimon Peres, Yitzhak Rabin, Bill Clinton, Yasser Arafat, DAVID AKE, Ariel Sharon, Benjamin Netanyahu, Mahmoud Abbas, Fatah, Netanyahu, Hussein, Abbas, Christy Bowe, Israel’s, Yasser Arafat’s, it’s, It’s, Biden, Israel —, Abbas — Organizations: Gulf States Institute, CNN, West Bank, Fatah, Palestinian Authority, Palestine Liberation Organization, PLO, Hamas, Palestinian, Muslim, White, AFP, Getty, UN, Israel, White House, ImageCatcher Locations: Washington, Israel, Gaza, Oslo Accords, AFP, Oslo, Israeli, Palestinian, Jerusalem, Middle, Abbas

☆ Opinion | Israel, Hamas and the Rules of War
▼ + stars: | 2023-11-17 | by ( ) www.nytimes.com time to read: +4 min

By placing military targets in and under civilian structures, it is Hamas that violates laws of war. Mr. Bartov is mute about Israel’s hundreds of phone calls to Gazans warning them to leave buildings in which Hamas fighters were located. To the Editor:In an urgent effort to prevent genocide, Omer Bartov writes about the horrific carnage committed by Israel in Gaza. But to live and die in a world that makes distinctions between crimes against humanity, war crimes, genocide, proportionality, etc., you can lose sight how all of it is utter madness. Robert RothNew YorkTo the Editor:Re “Measuring Israel by the Yardstick of a ‘Just War,’” by A. Walter Dorn (Opinion guest essay, Nov. 13):Professor Dorn examines whether Israel is adhering to the moral framework of “just war” theory.

Persons: Omer Bartov, Bartov, ”, Israel, Norman J.W, Goda Jeffrey Herf Mr, Goda, Herf, Robert Roth, Walter Dorn, Dorn, David Westrich, Robert N, Cahn Organizations: Hamas, Center for Jewish Studies, University of Florida, University of Maryland, College, York, Congressional Locations: Israel, Gaza, David Westrich Teaneck, N.J, Creek, Calif

Search resuls for: "raţional"

25 mentions found