DIRS.INFO The most relevant business & tech news

☆ Fact Check-Rod Stewart’s son had panic attack, not heart attack, according to interview
▼ + stars: | 2022-12-08 | by ( Reuters Fact Check | ) www.reuters.com time to read: +2 min

Stewart said in the interview that his son in fact suffered from a panic attack. The interview details Stewart discussing his son “going blue” in what the musician initially thought was a heart attack. Reuters obtained a copy of FourFourTwo’s interview with Stewart and can confirm it shows Stewart saying the incident was a panic attack. The relevant paragraph reads: “’We thought my boy had a heart attack,’ he reveals of our previous encounter. Rod Stewart’s 11-year-old son suffered a panic attack, according to an interview with the singer, not a heart attack because of a COVID-19 vaccination.

☆ How High Will Savings Rates Go in 2023?
▼ + stars: | 2022-12-08 | by ( ) www.wsj.com time to read: +6 min

By Steve GarmhausenInterest rates on savings accounts have been rising fast, and savers are likely to see more improvements in 2023. Where are interest rates headed in 2023? Will savings rates go up in 2023? Though they take their cues from the fed-funds rate, banks tend to take weeks or even months to hike their savings account rates. The Fed could cut rates sooner than expected, pulling savings rates down in the process.

☆ Arielle Charnas' company, Something Navy, is floundering amid dwindling sales, an employee exodus, and furious suppliers
▼ + stars: | 2022-12-08 | by ( Katie Warren | ) www.businessinsider.com time to read: +36 min

From the outside, it doesn't look as if Charnas' company is in trouble. Mark Sagliocco/Getty Images for Beach MagazineSeveral former employees told Insider they cut ties with Something Navy because they saw signs the company was struggling. Several current and former Something Navy employees told Insider they'd been inundated with emails since the spring from suppliers, freelancers, and models asking where their money was. In one email viewed by Insider, Scanlan told a supplier that cash was tight but promised payment was on the way. The current Something Navy employee said that based on data she'd seen, the retail locations most likely don't turn a profit.

☆ Yellen sees her signature printed on US bills for the first time
▼ + stars: | 2022-12-08 | by ( Betsy Klein | ) edition.cnn.com time to read: +4 min

Yellen became the latest Treasury secretary to sign US currency and the first woman Treasury secretary to have her signature on a US banknote. It’s been tradition for more than a century that both the US treasurer and the Treasury secretary sign currency to make the bills legal tender. The newly printed bills feature the signatures of “Lynn Roberge Malerba” and “Janet L. Yellen,” both written in clear, legible script. U.S. Treasury Secretary Janet Yellen and U.S. Treasury Chief Lynn Malerba sign banknotes. Currency, Yellen said, “plays a critical role in our economy” but also “has a deeper social purpose.”“Currency is something we use and we touch every day.

[1/3] Customers are seen inside the Express store in Broomfield, Colorado August 28, 2013. At risk are retailers' margins during the critical holiday shopping season and their efforts to be the go-to location for trendy fashions. Shopper demand has put a strain on apparel retailers throughout the year, boosting inventories and forcing retailers including Gap, Victoria's Secret and Kohl's, to slash prices. Deals since October and over Thanksgiving weekend were up in both frequency and discounting depth, including from clothing retailers, according to research from Jane Hali & Associates. Express' third-quarter margins are expected to fall to 29.7% from 33.22% a year earlier, according to analysts' estimates on Refinitiv.

☆ India cenbank hikes key policy rate by 35 basis points
▼ + stars: | 2022-12-07 | by ( ) www.reuters.com time to read: +7 min

However, the pace of rate hikes is reducing from 50 bps to 35 bps, in line with expected global hikes." The market needs to keep a close watch on global rate hikes and sticky core inflation." "We expect RBI to go for another 25 bps hike in its next policy, with the terminal rate at 6.5%. ANUJ PURI, CHAIRMAN, ANAROCK GROUP, MUMBAI"The 35 bps rate hike by the RBI - the fifth consecutive rate hike this year - comes as no surprise. We see a possibility of another 25 bps rate hike before a prolonged pause."

☆ How to stay safe in an extreme solar flare, where the sun bombards Earth with radiation and magnetic havoc
▼ + stars: | 2022-12-07 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +7 min

Stay safe during a solar storm by preparing to lose power, printing out maps, and staying off planes. What is a solar flare and how do they affect Earth? CMEs primarily affect the magnetosphere, jostling Earth's magnetic field lines in an event called a geomagnetic storm, also known as a solar storm. NASAGetting ready for the possibility of a major solar flare isn't that different from getting ready for any other disaster. If you follow the basics of disaster preparedness, you'll probably be ready for a solar flare.

☆ Daily stock buying by retail traders is near its lowest point all year as caution builds ahead of the final Fed meeting of 2022
▼ + stars: | 2022-12-07 | by ( Carla Mozée | ) www.businessinsider.com time to read: +3 min

Risk-aversion toward stocks looks like it's setting in among retail investors as 2022 winds down. Average daily purchases have dropped to about $1 billion over the past month, around the year's lows, said Vanda Research. Flows "paint a picture of caution" before the last inflation report and Fed meeting in 2022. Tesla, however, remains a favorite among retail investors as the stock "continues to experience an incrementally higher flow of capital," said Vanda. Net retail purchases of Tesla stock were $666.3 million over a five-day period starting last week.

☆ What to watch when Club holding Costco reports quarterly results Thursday
▼ + stars: | 2022-12-07 | by ( Paulina Likos | ) www.cnbc.com time to read: +6 min

Gross margin Costco shareholders will be looking for an improvement to its gross profit margin, or the percentage of revenue that's left over after subtracting the costs of producing its goods. Costco's gross margin has been lower over the past several quarters due to inflationary pressures like higher freight and labor costs, as well as supply chain disruptions. Sales growth Costco last week said total company core sales for November grew by of 5.3% , well below the the 8.5% growth predicted by analysts. While Costco's sales growth has come under pressure, revenue is still growing, albeit at a slower pace. Importantly, we would like to see an improvement in Costco's gross margin, which could bolster the stock price.

☆ Asia-Pacific markets fall after Wall Street slips; Australia's rate decision ahead
▼ + stars: | 2022-12-06 | by ( Abigail Ng | ) www.cnbc.com time to read: +1 min

Australia's central bank is expected to raise its cash rate by 25 basis points to 3.1% on Tuesday, according to economists polled by Reuters. That would be the Reserve Bank of Australia's eighth hike this year, and the third consecutive hike of 25 basis points since October. In a statement following its November meeting, the RBA said "the full effect" of the series of cash rate hikes lie ahead. Meanwhile, Matt Simpson, senior market analyst at City Index, said there's potential for a pause in rate hikes further ahead. "Some measures of inflation expectations are moving lower, and the monthly inflation print suggests inflation has peaked."

The average cost of travel insurance has increased over the past week, according to travel agency Squaremouth. Travel insurance weekly rates at a glance:Average premium: $312.99Average trip cost: $6,075.63Average trip length: 16 daysAverage cost of travel insurance by most popular destinationsSome countries are naturally more expensive travel destinations due to higher flight and lodging costs, which could ultimately increase your travel insurance costs. When calculating your travel insurance premium, travel insurance providers consider the likelihood of a medical emergency. Before getting a travel insurance policy, it's essential to make sure that the terms match your needs or concerns. Read the fine print of any travel insurance policy before purchasing.

☆ Crypto advertising is under fire after the FTX implosion, but firms like Binance, Grayscale, and OKX are pouring money into marketing to win back consumer trust
▼ + stars: | 2022-12-06 | by ( Lara O'Reilly | Reed Alexander | Lauren Johnson | ) www.businessinsider.com time to read: +5 min

The bitcoin crash and FTX implosion massively dented the crypto advertising boom. But fewer crypto advertisers can also create an advantage for those still trying to get their messages to consumers. And Dinu added that crypto companies' efforts to advertise to restore trust could persist "well beyond" the next six months. Some crypto companies are still launching splashy campaigns, similar to crypto ad campaigns from the beginning of the year. "Crypto companies have to stop talking about themselves and start talking about how cryptocurrency or blockchain fits into normal people's lives."

The average overall personal loan rate this week is 20.01%, a two basis-point increase from last week. While this week's increase is small, personal loan interest rates have been climbing steadily this year. Average personal loan ratesWe've compiled a database of 28 personal loan products and averaged their rates so you know the current landscape. Average personal loan rates by credit scoreThese rates are based on data from 133 borrowers who applied for loans and received rates. Make sure to read the fine print of any personal loan you're applying for, and make sure that debt consolidation is an acceptable use of your loan.

☆ Ex-'socialite heiressblogger' Emily Brill is back — and she's terrorizing the pet industry
▼ + stars: | 2022-12-06 | by ( Kate Taylor | ) www.businessinsider.com time to read: +10 min

Emily Brill might be the most hated woman in the pet industry. Now, Brill — the preppy blond daughter of the media magnate Steven Brill — is reinventing herself as the founder of the dog-centric publication The Canine Review. Courtesy of Emily Brill Show less One reader even threatened to cancel their subscription because of the so-called bird-massacre photo shoot. Courtesy of Emily Brill Show less Brill says the photos reassure readers that "I'm not a stereotypical sort of Manhattan, head-up-my-ass, agenda, PETA person." It isn't a bad start, but "she's got a long way to go to make it really thrive," Steven Brill told Insider.

☆ BuzzFeed slashes 12% of its workforce, citing ‘worsening macroeconomic conditions’
▼ + stars: | 2022-12-06 | by ( Oliver Darcy | ) edition.cnn.com time to read: +2 min

New York CNN Business —BuzzFeed on Tuesday said it would lay off approximately 12% of its staff, making the digital news and entertainment conglomerate the latest media company to make painful cuts amid a deteriorating economic climate. In a note to impacted employees, Jonah Peretti, the company’s founder and chief executive, blamed the cuts on “a combination of worsening macroeconomic conditions” and changes in how people consume media. The spokesperson added that there were no cuts made to its Tasty food brand, BuzzFeed News, or HuffPost, which BuzzFeed also acquired. A slew of media companies have slashed costs in recent months as the advertising market weakens and the economic outlook becomes dimmer. “While I believe in the strategy we’re pursuing, and know it’s necessary to navigate the challenging year ahead, that’s no comfort if you are directly affected.”

☆ Soil DNA analysis from paw prints could help Sumatran tigers
▼ + stars: | 2022-12-04 | by ( Katie Hunt | ) edition.cnn.com time to read: +7 min

In her experiments to date, Watsa has been able to detect Sumatran tiger DNA in soil and determine the sex of the animal. Paw prints made by 4-year-old Sumatran tiger Rakan at the San Diego Zoo Safari Park help researcher Mrinalini Watsa develop a cost-effective technique to detect tiger DNA in soil. He believes DNA techniques could help scientists better understand how some tigers disperse between different areas, which can be hard to pick up with cameras. “DNA techniques will also be useful where camera trapping is difficult,” he added, such as the remote, mountainous regions in Southeast Asia. The analysis of tiger DNA in soil samples could help forensic investigations in the battle against the illegal wildlife trade.

Click “VOTE” to choose your favorite Metropolitan Diary entry of 2022. Click “VOTE” to choose your favorite Metropolitan Diary entry of 2022. At Attention Dear Diary: It was December 1967. – Stephen SalisburyExtra Ticket Dear Diary: It was April 1992, and I had two tickets for the Chicago Symphony Orchestra at Carnegie Hall with Daniel Barenboim conducting. – Garrett AndrewsRock-Paper-Scissors Dear Diary: It is 2 a.m.

☆ Netflix 'Christmas Carol' reboot 'Spirited' misses Elon Musk irony
▼ + stars: | 2022-12-03 | by ( Ani Bundel | Ani Bundel Is A Cultural Critic Who Has Been Writing Regularly Since Her Work Can Also Be Found At Elite Daily | Weta'S Telly Visions | ) www.nbcnews.com time to read: +6 min

The Americanized “Spirited” is available on Apple TV+, while the British-based “Scrooge: A Christmas Carol” debuted on Netflix on Friday. Originally published in 1843, Charles Dickens’ “A Christmas Carol” was that era’s equivalent of a bestseller, with 13 editions published in the first year of print alone. (“The Muppet’s Christmas Carol,” for example, cast perpetual hero Kermit T. Frog as Cratchit rather than Scrooge.) The animation is vibrant, capturing the feel of the old Claymation-style Christmas TV specials. It is a bizarre and somewhat grotesque rewriting of the story’s moral; it's “A Christmas Carol” seen through the lens of bothsiderism.

☆ See photos from the Apollo era like never before
▼ + stars: | 2022-12-03 | by ( Ashley Strickland | ) edition.cnn.com time to read: +6 min

Since then, Saunders has applied his technique to 400 images from the Apollo program. His book of images, “Apollo Remastered,” was published in September. During his 10,000 hours of working on Apollo images, Saunders set himself another task: solving the case of the missing lunar golf ball. Defying gravityAstronaut Alan Shepard served as the commander of NASA's Apollo 14 lunar landing mission. The late NASA astronaut, known for his zest for life, smuggled a custom 6-iron clubhead and some golf balls to the moon during Apollo 14.

☆ Costco’s Credit Card Is Also Great for Filling Your Gas Tank
▼ + stars: | 2022-12-02 | by ( ) www.wsj.com time to read: +6 min

By Ana StaplesURL:WRITER: Ana StaplesThe Costco Anywhere Visa Card by Citi is a rewarding combination of a Costco store credit card and a cash back credit card. Plus, no other credit card from a major bank offers such a high rewards rate on gas and EV charging. The 3% rate on dining and travel also gives this card an edge and is comparable to rewards offers on some of the best travel credit cards. You’ll get a credit card reward certificate once a year with your February billing statement. If that’s the case, you might want to look into a secured credit card that earns rewards.

You can also get a free credit report if you suspect your identity has been stolen or if your credit application has been denied. How to get your free credit reportWhile your credit score is readily available from several sources including financial institutions, lenders, and third-party credit monitoring services, you will have to do a little more work for your credit report. Additional free credit reportsThere are additional situations in which you can get a free credit report. If you place an initial fraud alert on your credit, you can receive a free credit report from each bureau in addition to the annual free reports you usually get. The services that go through credit bureaus will give you access to additional credit reports, such as myEquifax, which offers six free credit reports annually, or Experian Boost, which offers a free credit report every 30 days.

☆ Prominent Guatemalan investigative newspaper “El Periódico” halts print edition
▼ + stars: | 2022-12-01 | by ( Associated Press | ) www.nbcnews.com time to read: +4 min

GUATEMALA CITY — The prominent Guatemalan investigative newspaper “El Periódico” announced Wednesday that it is stopping its print edition, after the government arrested the paper’s president. Zamora has overseen dozens of investigations into corruption during his leadership at El Periódico since the paper was founded in 1996. All of the paper’s reporters have been let go, and it is not clear how it can continue with digital editions only. Giammattei has been dismissive of U.S. officials’ criticism of his attorney general and what they see as Guatemala backsliding on battling corruption. His administration has silenced independent press outlets, driving journalists into exile and taking television stations off the air.

☆ Hong Kong court adjourns trial of tycoon and China critic Jimmy Lai
▼ + stars: | 2022-12-01 | by ( ) www.reuters.com time to read: 1 min

[1/4] Armed police stand guard as they escort a prison van that is believed to carry media mogul Jimmy Lai, founder of Apple Daily, to the High Court in Hong Kong, China, December 1, 2022. REUTERS/Tyrone SiuHONG KONG, Dec 1 (Reuters) - A Hong Kong court on Thursday adjourned to Dec. 13 the high-profile trial of tycoon and China critic Jimmy Lai, who is charged with two counts of conspiracy to collude with foreign countries or external elements, and one count of collusion with foreign forces under a national security law. Lai is also charged with conspiracy to print seditious publications. Reporting by Hong Kong Newsroom; Editing by Anne Marie Roantree and Tom HogueOur Standards: The Thomson Reuters Trust Principles.

We selected Capital One 360, Synovus Bank, Regions Bank, Delta Community Credit Union, and Credit Union of Atlanta as the best banks and credit unions in Georgia. These financial institutions have savings account rates that are lower than the average savings account. Delta Community Credit Union members will need to open the Delta Community Credit Union Personal Savings Account. Robins Financial Credit Union (Federally insured by the NCUA): Robins Financial Credit Union has a free checking account, but our top credit union has lower minimum opening deposits. We reviewed the 10 biggest banks and credit unions in the state, plus any financial institutions featured in our Black-owned banks and credit unions guide and Hispanic American-owned banks and credit unions guide.

☆ The Disney Store in Japan is selling a shirt that shows Winnie the Pooh holding up a white sheet of paper — the same protest symbol sweeping across China
▼ + stars: | 2022-12-01 | by ( Britney Toh | ) www.businessinsider.com time to read: +3 min

Japan's Disney Store is selling products featuring Winnie the Pooh clutching a piece of blank paper. The products, which range from t-shirts and hoodies to tote bags and mugs, seem to be limited only to Japan's Disney Store, as they are not sold in the international Disney Store. Screenshot of Japan's Disney Store. Screenshot of Disney Store website. The Disney Store did not immediately respond to Insider's request for comment.

Search resuls for: "Print"

25 mentions found