DIRS.INFO The most relevant business & tech news

☆ Japan in late-stage talks with U.S. for Tomahawk purchase -Yomiuri
▼ + stars: | 2022-10-28 | by ( ) www.reuters.com time to read: +1 min

TOKYO, Oct 28 (Reuters) - Japan is in the final stages of negotiations with the United States to buy U.S.-made Tomahawk cruise missiles, the Yomiuri daily reported on Friday, citing multiple unnamed Japanese government sources. Tomahawks can hit targets from more than 1,000 km (620 miles) away, putting parts of China and the Russian Far East within range. Concern about Chinese military activity in the seas and skies around Taiwan and Japan has intensified since Russia invaded Ukraine in February, because Japan worries it provides China with a precedent for the use of force against Taiwan. China in August fired missiles into waters less than 160 km from Japan in a display of might, angered by U.S. House speaker Nancy Pelosi's visit to Taiwan. At the 20th Communist Party Congress last week, Chinese leader Xi Jinping called for accelerating plans to build a world-class military.

☆ Apple chipmaker TSMC reportedly considers Japan expansion as China tensions continue
▼ + stars: | 2022-10-19 | by ( Lauren Feiner | ) www.cnbc.com time to read: +2 min

Taiwan Semiconductor Manufacturing Company, Limited at Hsinchu Science Park. Shares of the world's largest chip maker Taiwan Semiconductor Manufacturing Company rose as much as 5% on Wednesday morning in Asia after Morgan Stanley recommended the stock. Computer chip manufacturer Taiwan Semiconductor Manufacturing Co. is weighing a potential expansion in Japan as tensions between China and the West continue to create challenges for the company, The Wall Street Journal reported Wednesday. The factory currently under construction in Japan is meant to focus on less-advanced chips used in automobiles, for example, but additional capacity could focus on more-advanced technology, the Journal reported. The U.S. has sought to reduce its reliance on foreign chip manufacturing by passing funding to help promote domestic production facilities.

☆ Marjorie Taylor Greene says Kevin McCarthy should give her 'a lot of power and a lot of leeway' or risk angering the GOP base
▼ + stars: | 2022-10-18 | by ( Cheryl Teh | ) www.businessinsider.com time to read: +3 min

Marjorie Taylor Greene says Kevin McCarthy should give her more power to please the GOP base. "I think that to be the best speaker of the House and to please the base, he's going to give me a lot of power and a lot of leeway," Greene said. McCarthy, the current House minority leader, is angling to take House Speaker Nancy Pelosi's job if the GOP wins the congressional midterms. His GOP colleague, Rep. Lauren Boebert, slammed McCarthy in August and suggested that the GOP should not tolerate a speaker "that works with Democrats more than Republicans." In November, Greene said she did not think McCarthy had the votes to be the speaker.

☆ Xi warned about Taiwan interference — but don't expect an imminent invasion, analysts say
▼ + stars: | 2022-10-18 | by ( Su-Lin Tan | ) www.cnbc.com time to read: +5 min

watch nowChina will continue to work toward becoming more self-reliant, but don't expect President Xi Jinping to move on Taiwan by force, analysts said. In a nearly two-hour speech, Chinese President Xi Jinping outlined his vision for the country for the next five years. Xi Jinping has made very clear what his intentions are: he wants a private sector that is controllable, that is manageable. He said Xi's speech, consistent with Beijing's comments in recent months, suggested the government viewed a more state-dominated economy as the pathway to stability. "Xi Jinping has made very clear what his intentions are: he wants a private sector that is controllable, that is manageable."

☆ U.S. Speaker Pelosi's husband sold Nvidia, Micron options at a loss
▼ + stars: | 2022-10-17 | by ( Noel Randewich | ) www.reuters.com time to read: +2 min

Speaker of the House Nancy Pelosi (D-CA) and her husband Paul Pelosi arrive for the 42nd Annual Kennedy Awards Honors in Washington, U.S., December 8, 2019. REUTERS/Joshua RobertsOct 17 (Reuters) - U.S. House Speaker Nancy Pelosi's husband sold call options in chipmakers Micron Technology (MU.O) and Nvidia (NVDA.O) for a loss of under $1 million, according to a new transparency filing. The report also showed he sold Nvidia call options bought in July 2021 for a loss of $361,476. Register now for FREE unlimited access to Reuters.com RegisterAll of those events occurred on Sept. 16, according to the transaction report. In July, Paul Pelosi sold Nvidia shares days before the House approved legislation providing subsidies and tax credits worth over $70 billion to boost the U.S. semiconductor industry.

☆ Nancy Pelosi's husband bought at least $1 million in Alphabet stock days before House leadership proposed a congressional stock trading ban
▼ + stars: | 2022-10-17 | by ( Madison Hall | Dave Levinthal | ) www.businessinsider.com time to read: +6 min

Speaker Nancy Pelosi recently disclosed that her husband exercised Alphabet stock call options in September. The value of the stock purchase was between $1 million and $5 million, according to a certified congressional disclosure made by Nancy Pelosi on October 14. Paul Pelosi exercised the Alphabet call options, which he purchased in December 2021, on September 16 — the day they were set to expire. Asked in July whether Paul Pelosi stock trades based on information she's given him, Nancy Pelosi replied: "Absolutely not." Nancy Pelosi ultimately backtracked on her position following criticism from both Republicans and Democrats in office.

☆ Analysis: Xi's new generals face tough military challenges post-congress
▼ + stars: | 2022-10-16 | by ( Greg Torode | ) www.reuters.com time to read: +7 min

Now come the tricky next steps for his Central Military Commission: implementing sweeping changes to its leadership, which commands China's two million-strong People's Liberation Army, potentially tightening Xi's grip over the military and its modernisation. Among those expected to step down are the body's vice chairmen, Generals Xu Qiliang and Zhang Youxia, both 72. Diplomatic challenges are also mounting, as China's military modernisation confronts the traditional U.S. strategic dominance in East Asia. Who is chosen could shed light on Xi's military priorities. "There is no shortage of senior military officers who internally parrot Xi's 'fight and win' mantra, but the conundrum for the PLA is the lack of operational experience," said Alexander Neill, a private military analyst.

☆ Video: Unseen Jan. 6 video shows congressional leaders taking refuge during at Fort McNair during riot
▼ + stars: | 2022-10-13 | by ( ) edition.cnn.com time to read: 1 min

CNN has obtained previously unseen footage from January 6 showing the point of view from House Speaker Nancy Pelosi's office as the US Capitol was being breached and congressional leaders take refuge at Fort McNair, two miles from the US Capitol.

☆ Fact Check-Long, unrelated video provides no evidence Sen. Rand Paul called Speaker Pelosi ‘a traitor,’ as claimed
▼ + stars: | 2022-10-12 | by ( Reuters Fact Check | ) www.reuters.com time to read: +1 min

Senator Rand Paul did not call U.S. House of Representatives Speaker Nancy Pelosi “a traitor” in a video circulating on social media. Rand Paul UNCOVERS Nancy Pelosi's Dark Secrets In Public.” Another example with the same caption on YouTube can be seen (here). The first clip shows Paul speaking on May 17, 2022 about his objections to a bill that would provide $40 billion in aid for Ukraine. Neither clip shows Paul calling Pelosi a traitor and Reuters did not find any credible news reports on Paul calling Pelosi a “traitor”. There is no evidence that Senator Rand Paul called U.S. House of Representatives Speaker Nancy Pelosi “a traitor.”This article was produced by the Reuters Fact Check team.

☆ The U.S. and China need to resume talks over Taiwan — away from the public eye, says think tank
▼ + stars: | 2022-09-30 | by ( Charmaine Jacob | ) www.cnbc.com time to read: +1 min

The United States and China need to reopen dialogue over the Taiwan issue — but such a conversation should take place discreetly, an analyst said. Cross-strait tensions between China and Taiwan have become "increasingly dangerous" ever since U.S. House Speaker Nancy Pelosi's Taiwan visit in early August, he added. On top of that, China announced in the same month that it had shelved military and climate talks with the United States. Taiwan is a self-ruled democracy, but Beijing considers the island part of its territory and a breakaway province. "The Chinese have pulled down the dialogue in the aftermath of Pelosi's visit.

☆ See every stock trade House Speaker Nancy Pelosi's husband, Paul Pelosi, has made since 2021
▼ + stars: | 2022-09-29 | by ( Madison Hall | ) www.businessinsider.com time to read: +3 min

Speaker Nancy Pelosi's husband is making massive stock trades as Congress mulls whether to ban lawmakers and their spouses from trading. Insider compiled each of Paul Pelosi's trades that the speaker has reported since 2021. As members of Congress debate whether lawmakers and their spouses should play the stock market, House Speaker Nancy Pelosi's husband, Paul Pelosi, a venture capitalist, continues to regularly buy and sell stocks and stock options. When asked in December 2021 whether members of Congress should even be allowed to trade stocks, Pelosi answered in the affirmative. Here are all of the trades reported by Speaker Nancy Pelosi in 2021 and 2022:

☆ Nancy Pelosi's congressional stock trading ban has a massive blind trust loophole and is too broad, ethics experts warn
▼ + stars: | 2022-09-29 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +10 min

But ethics experts say the bill has a major loophole when it comes to blind trusts, and is too broad. Broadly speaking, a blind trust is a financial arrangement wherein people turn over their assets to be managed by an independent entity to prevent a conflict of interest. Several previously-introduced bills to ban stock trading allow for lawmakers to place their stocks into a blind trust, rather than fully selling off existing stock holdings. "You'd be able to create any kind of a trust you want to, put anything you want into it, and call it a blind trust, even though there wouldn't actually be any way to prove that it is, in fact, a blind trust." Payne also said the blind trust loophole was a "small risk," but that in an optimistic scenario, "that language allows this law to grow for future circumstances that you just can't be prepared for."

☆ Trump directed Democratic staffers of color to serve food during a White House dinner, books says
▼ + stars: | 2022-09-28 | by ( Hannah Getahun | ) www.businessinsider.com time to read: +3 min

Trump mistook a racially diverse group of congressional aides for waitstaff in 2017. Then-Chief of Staff Reince Priebus had to save the president from the gaffe, according to a new book by NYT's Maggie Haberman. Trump also accused "illegals" of making him lose the popular vote in 2016, per Haberman's book. Trump faced the staffers and asked them, "Why don't you get" the food, according to the book, before former White House Chief of Staff Reince Priebus corrected the president and fetched the actual waitstaff. Trump also railed against immigrants from Central and South America, and previously expressed disdain about "s-hole" countries in Africa.

☆ Investors may soon be able to replicate stock trades by Republican and Democratic lawmakers with the NANC and CRUZ ETFs
▼ + stars: | 2022-09-24 | by ( Carla Mozée | ) www.businessinsider.com time to read: +3 min

Two proposed exchange-traded funds would mimic stock trades made by members of Congress and their spouses. If approved, the ETFs would track trades by Democrats and Republicans, under tickers NANC and CRUZ. The House of Representatives may vote next week on legislation to ban Congress members from trading stocks in reforming the STOCK Act. In July, the California representative denied her venture capitalist husband uses information she provides to make stock trades. 70% of likely voters want new legislation to ban stock trades by Congress members, according to a poll shared with Insider in June by Data for Progress.

Goodman told jurors that he’d been with the Capitol Police for 15 years and he previously was deployed to Iraq for the U.S. Army. Footage released during Trump's second impeachment trial showed Goodman directing Romney to turn around just after the mob had breached the building. The Senate chamber itself went through sweeps by K-9s and bomb squads so that Congress could resume its work, Goodman said. He told jurors to expect to see video of Jensen telling officers to do their job throughout the trial. The FBI has arrested more than 850 defendants in connection with the Jan. 6 attack on the U.S. Capitol.

"A permanent member of the United Nations Security Council invaded its neighbor, attempted to erase a sovereign state from the map. Russia has shamelessly violated the core tenets of the United Nations Charter,” Biden said. Russia's mission to the United Nations did not immediately respond to a request for comment on Biden's remarks. We do not ask any nation to choose between the United States or any other partner," he said. "The United States will work with every nation, including our competitors, to solve global problems like climate change.

☆ Turkey says Pelosi's statements 'sabotage' Armenia-Azerbaijan diplomacy
▼ + stars: | 2022-09-19 | by ( ) www.reuters.com time to read: +1 min

U.S. House of Representatives Speaker Nancy Pelosi attends a meeting with Armenian Prime Minister Nikol Pashinyan in Yerevan, Armenia September 18, 2022. The Office to the Prime Minister of the Republic of Armenia/Handout via REUTERSISTANBUL, Sept 19 (Reuters) - Turkish Vice President Fuat Oktay said on Monday that U.S. House Speaker Nancy Pelosi's "biased" statements regarding the clashes between Armenia and Azerbaijan "sabotage diplomacy efforts" and were unacceptable. Pelosi visited Armenia this weekend, in an unprecedented show of U.S. support for the country, which has for over three decades been locked in conflict with its neighbour Azerbaijan over the breakaway region of Nagorno-Karabakh. On Twitter, Oktay also called on Washington to clarify whether Pelosi's statements reflect the official U.S. position. Register now for FREE unlimited access to Reuters.com RegisterReporting by Ali Kucukgocmen; Editing by Jonathan SpicerOur Standards: The Thomson Reuters Trust Principles.

☆ China foreign minister calls Pelosi's Taiwan visit 'manic', 'irrational'
▼ + stars: | 2022-08-04 | by ( ) www.reuters.com time to read: 1 min

BEIJING, Aug 4 (Reuters) - China's Foreign Minister Wang Yi on Thursday called U.S. House Speaker Nancy Pelosi's visit to Taiwan a "manic, irresponsible and highly irrational" action by the United States, state broadcaster CCTV reported. Wang, speaking at the ASEAN Foreign Ministers meeting in Phnom Penh, Cambodia, said China has made the utmost diplomatic effort to avert crisis, but will never allow its core interests to be hurt. China's current and future measures are necessary and timely defensive countermeasures, carefully considered and evaluated, aimed at safeguarding national sovereignty and security, in line with international and domestic law, CCTV cited Wang as saying. Reporting by Beijing Newsroom; Writing by Martin Quin Pollard; Editing by Christopher CushingOur Standards: The Thomson Reuters Trust Principles.

☆ Taiwan says its military has increased alertness level, citizens should feel reassured
▼ + stars: | 2022-08-03 | by ( ) www.reuters.com time to read: 1 min

TAIPEI, Aug 3 (Reuters) - Taiwan's cabinet on Wednesday said the military has increased its alertness level and authorities will make plans to ensure safety and stability around the island, after China announced a series of military exercises in response to U.S. House Speaker Nancy Pelosi's arrival in Taipei. Taiwan's cabinet also said its citizens should feel reassured and that a national stabilisation fund for the stock market will closely watch the situation and react in a timely manner. (This story corrects the description of Taiwan in the first paragraph to "island")Reporting by Yimou Lee, Writing by Martin Quin Pollard; Editing by Christopher CushingOur Standards: The Thomson Reuters Trust Principles.

Persons: Nancy Pelosi's, Yimou Lee, Martin Quin Pollard, Christopher Cushing Organizations: Thomson Locations: TAIPEI, China, Taipei, Taiwan

☆ Congress needs to stop day trading, says Senator Mark Warner, a former VC and entrepreneur
▼ + stars: | 2022-01-14 | by ( Alex Kantrowitz | Big Technology | ) www.businessinsider.com time to read: +7 min

Virginia Sen. Mark Warner says members of Congress shouldn't be allowed to trade individual stocks. "The ability to trade, and particularly on a day trade basis, even if you're not doing anything wrong, it looks bad," said Sen. Warner. Nancy Pelosi's argument for allowing stock trading is that federal representatives should not be restricted from participating in the economy. His transactions took place just a week before the House Judiciary Committee advanced its slew of antitrust bills aimed at Big Tech. As he leaned back in his chair in his Washington DC office, Sen. Warner, a seasoned investor, brought the point home.

☆ Nancy Pelosi's husband just invested millions in 2 tech companies with lots at stake on Capitol Hill
▼ + stars: | 2021-07-12 | by ( Kimberly Leonard | Dave Levinthal | ) www.businessinsider.com time to read: +8 min

The House speaker's husband, Paul Pelosi, made two million-dollar stock trades. Pelosi's husband buys up more stocksHouse Speaker Nancy Pelosi's husband, Paul Pelosi, bought stocks in Google's parent company, Alphabet, and in Nvidia Corporation, which designs graphics-processing units for the gaming market. Drew Hammill, the speaker's spokesman, said she did not own any stock and complied with all disclosures, which require members of Congress to post stock trades for spouses and dependent children. Rep. Pat Fallon, a Republican from Texas, in a group photo with freshman members of the House Republican Conference on the House steps of the US Capitol on January 4. By federal law, members of Congress have 30 days from when they become aware of a stock trade to formally disclose it.

☆ Seth Moulton bankrolls ring maker, Mark Green goes crypto, Mark Warner sells a 7-figure window-and-door investment
▼ + stars: | 2021-04-19 | by ( Dave Levinthal | Kimberly Leonard | ) www.businessinsider.com time to read: +10 min

Democratic Rep. Seth Moulton has made a major investment in a Finnish wearable tech firm. Sen. Mark Warner, a Democrat, sold a major investment in a high-end window company. Elon Musk would be proudRep. Mark Green, a Republican from Tennessee, purchased between $1,001 and $15,000 worth of cryptocurrency Dogecoin — the same day virtual currency platform Coinbase went public. According to Barron's, he paid $1.95 million to acquire 15,000 shares for $130 each, and paid $1.4 million for 10,000 shares for $140 each. He also bought between $1,000 and $15,000 worth of stock in Amazon.

☆ These are all the federal crimes Trump extremists could be charged with after their attack on the US Capitol
▼ + stars: | 2021-01-08 | by ( Dave Levinthal | Tina Sfondeles | ) www.businessinsider.com time to read: +17 min

Federal authorities and other law enforcement will likely make more arrests within days, if not hours. "These fools made it easy for law enforcement to find them because they were posing for pictures. An Insider analysis of the United States Code, coupled with interviews with several leading experts on federal law, identified more than a dozen different federal crimes that could apply to Trump supporters who attacked the Capitol. Assaulting, resisting, or impeding government officialsVideos both inside and outside the Capitol showed numerous pro-Trump extremists physically fighting with and otherwise interfering with federal law enforcement and other government officials. Anyone who "willfully injures or commits any depredation against any property of the United States" commits a federal crime.

☆ Photos show the aftermath of an unprecedented and destructive siege on the US Capitol that left 4 rioters dead
▼ + stars: | 2021-01-07 | by ( Thomas Pallini | Lloyd Lee | ) www.businessinsider.com time to read: +2 min

The US Capitol Building was vandalized one year ago today during a riot by supporters of President Donald Trump. Capitol police officer Brian Sicknick also died a day later after sustaining injuries from rioters. Law enforcement officials guarding the congressional chambers drew their weapons as rioters attempted to enter while pepper spray and tear gas were deployed. The Capitol itself also sustained damage as rioters broke windows and climbed scaffolding to gain entry. Here's what the US Capitol Building looked like after rioters failed to overturn the 2020 US election.

Search resuls for: "Nancy Pelosi's"

24 mentions found