DIRS.INFO The most relevant business & tech news

☆ Prayers, the pledge of allegiance and culture wars: Inside a Doug Mastriano rally in the final days of his long-shot bid for governor of Pennsylvania
▼ + stars: | 2022-11-03 | by ( Oma Seddiq | ) www.businessinsider.com time to read: +13 min

A Doug Mastriano rally in Bucks County, Pennsylvania, featured praying and wading into culture wars. National and state Republican donors and groups have offered little support to his candidacy. "He's just been there the whole time," a Mastriano voter in Bucks County who only identified himself as Jeremy, told Insider. "You can't get your message out one-on-one to voters," Josh Novotney, a Pennsylvania GOP strategist, told Insider. "It's a different tactic and I pray it works," Joe Vichot, chairman of Lehigh County's GOP, told Insider.

☆ How to return to your old employer so you can make more money and advance your career
▼ + stars: | 2022-10-28 | by ( Shana Lebowitz | ) www.businessinsider.com time to read: +4 min

Angela Champ, an HR executive and the author of "The Squiggly Line Career," has told people that returning to an old employer can be a good career move. "When you come back, you bring that richness of what you've learned and that growth that you've had," Champ said. After all, returning employees are familiar with the organization's overall missions and workflows. Champ said that returning employees who had done more complex work at another employer might get a promotion as well. Returning can open new career opportunitiesIf you're not entirely satisfied with your current job, returning to your old professional stomping grounds — a common move at Microsoft and Amazon — could be helpful.

☆ 'Call Jane' review: Elizabeth Banks stars in fictionalized look at a pre-Roe world through one woman's abortion journey
▼ + stars: | 2022-10-27 | by ( Review Brian Lowry | ) edition.cnn.com time to read: +3 min

The portrait of an underground abortion network pre-Roe v. Wade is obviously timely, but its slightly askew focus blunts the overall impact. Part of that has to do with making Elizabeth Banks’ Joy, a privileged housewife living in Chicago in 1968, the film’s centerpiece, introducing her as being somewhat oblivious to the tumult of the times. Joy initially applies to the hospital board for permission to terminate the pregnancy, only to have her petition dismissively denied by the all-male panel. The sequence slowly and painfully captures the mix of fear and discomfort Joy feels, after her blindfolded trip to the location and the dimly lit room where it happens. The writers clearly intended to personalize the abortion conversation through their Everywoman protagonist, and Banks ably fills that role.

☆ Companies Focus On Constant-Currency Metrics to Soothe Investors’ Nerves
▼ + stars: | 2022-10-24 | by ( Kristin Broughton | ) www.wsj.com time to read: +6 min

Reporting results on a constant-currency basis can be beneficial to global companies whose results have been hit by swings in foreign-exchange rates. To report on a constant-currency basis, companies must have a full understanding of their exposure to foreign-exchange rates, Mr. Koester said. Revenue was $4.43 billion, up 13% year-over-year on a reported basis and 15% on a constant-currency basis. Ralph Lauren Corp. said in August that its fiscal first-quarter revenue grew 8% on a reported basis and 13% on a constant-currency basis. Ralph Lauren said it expects, on a constant-currency basis, to report fiscal 2023 revenue growth in the high-single-digit percentages, around 8%, compared with 2022.

☆ Two potential opportunities for value creation emerge as Starboard takes a stake in Salesforce
▼ + stars: | 2022-10-22 | by ( Kenneth Squire | ) www.cnbc.com time to read: +5 min

Starboard views Salesforce as a high quality and sticky business at an attractive valuation with the potential for significant value creation through a better balance of growth and profitability. Salesforce peers are operating at a "rule of 50" – average revenue growth plus adjusted operating margins of peers equals 49.4. Salesforce currently has a revenue growth rate of 17.0% and 20.4% operating margins, which brings it to 37.4 combined. Starboard has had extensive experience with growth companies that begin to see slowing growth rates and need to either regain that growth and/or focus on margins. Even if they were to hit that target, this would only bring them to a growth + margin of 42.

Hours before Hurricane Ian decimated a small Fort Myers Beach marina, James “Denny” Hurst’s daughter sent him a panicked text. Lee County Sheriff's OfficeThe 72-year-old stayed put. More than 135 people have been confirmed dead by an NBC News count, and their families have begun holding funerals. Find the boat, you’ll find the body.”Ilonka Knes, 82, is one of three missing Lee County residents. Lee County Sheriff's Office“She wouldn’t have left him.

☆ Walmart, Target, Best Buy, and at least 15 other retailers will be closed on Thanksgiving this year — see the list
▼ + stars: | 2022-10-21 | by ( Ann Matica | ) www.businessinsider.com time to read: +8 min

Retailers like Walmart and Target are closing their stores on Thanksgiving Day again this year. The following year, Target followed suit, announcing it would be closed on Thanksgiving for good. Here's a list of retailers that have decided to stay closed on Thanksgiving Day. While a small number of employees still work on Thanksgiving Day to keep things operating smoothly, they all receive holiday pay, according to Target. PetcoEducation Images/Contributor/Universal Images Group Editorial via GettyA company spokesperson confirmed to Insider that Petco will remain closed on Thanksgiving Day.

☆ Morgan Stanley shares 7 stocks they believe will have 'meaningful' upside moves in the coming weeks as earnings season kicks off — including 2 they think will jump by more than 100%
▼ + stars: | 2022-10-19 | by ( William Edwards | ) www.businessinsider.com time to read: +1 min

Strategists at Morgan Stanley have been warning that broader earnings estimates are still too high. On Tuesday, however, the bank shared 7 stocks they think will rise as they report Q3 earnings. For months now, equity strategists at Morgan Stanley have been warning that earnings expectations are still too high. With third-quarter earnings season now underway, this sharp deterioration Morgan Stanley expects could start to show as the Federal Reserve's rapidly tightening monetary policy may be starting to weigh on demand more strongly. The seven stocks are listed below, along with the positive near-term catalysts their respective Morgan Stanley analysts believe will compel their share prices upward.

☆ Morgan Stanley gives its favorite buy and sell picks into earnings reports
▼ + stars: | 2022-10-18 | by ( Michelle Fox | ) www.cnbc.com time to read: +3 min

A highly anticipated corporate earnings season has just kicked off, and Morgan Stanley has highlighted which stocks to buy — or avoid. Given this backdrop, Morgan Stanley analysts looked for stocks that could experience big swings based on near-term catalysts, some positive and others negative. Morgan Stanley sees upside for Arcutis Biotherapeutics if the biotech company's two phase-two studies for its drug Zoryve are successful. "We would expect significant investor focus on these data sets, and our statistical analysis suggests a high probability-of-success (POS) for both trials," wrote Morgan Stanley analyst Vikram Purohit. Meanwhile, Logitech is one of the stocks Morgan Stanley expects to decline due to negative earnings.

☆ Anne Hathaway reflects on the ‘hate’ she endured after winning her Oscar
▼ + stars: | 2022-10-18 | by ( Dan Heching | ) edition.cnn.com time to read: +2 min

CNN —Anne Hathaway chooses to look at the troubling period after her Academy Award win almost a decade ago as an “opportunity” to learn. Hathaway won a flood of awards for her performance that year, including a Golden Globe and a BAFTA and was considered a heavy favorite for the Oscar. “There is a difference between existence and behavior,” Hathaway added. And if you do, you’re not where it’s at.”She concluded on a positive note, pointing out how hatred is a learned behavior that can be unlearned and changed. Period,” Hathaway said.

☆ Morgan Stanley's Mike Wilson flags a key risk to earnings — and names the stocks to avoid
▼ + stars: | 2022-10-17 | by ( Zavier Ong | ) www.cnbc.com time to read: +3 min

Morgan Stanley believes U.S companies are facing an inventory problem — and it's a key risk to earnings. "The problem with inventory is two-fold: supply chain bottlenecks are clearing while demand, especially demand for goods, is slowing," Morgan Stanley strategists led by Michelle Weaver and Mike Wilson wrote in an Oct. 10 note. Morgan Stanley believes the inventory problem has now become a risk to earnings, with oversupply and lagging demand likely to weigh on companies' margins. However, although a broad problem for the market and for goods producing industries in particular, not all industries are impacted to the same degree, according to Morgan Stanley. The bank found that tech hardware and consumer retail companies are among the most at risk from excess inventory.

☆ U.S. Reaches Agreement With Victims of Doctor Who Abused Native American Patients
▼ + stars: | 2022-10-12 | by ( Christopher Weaver | Dan Frosch | ) www.wsj.com time to read: 1 min

Stanley Patrick Weber, seen arriving at the federal courthouse in 2017 in Rapid City, S.D., is now serving a lifetime sentence in federal prison. The U.S. government reached a deal with victims of a pedophile doctor who sexually assaulted Native American boys for decades at federal hospitals in Montana and South Dakota, people familiar with the matter said. Under the terms of the deal, the government would pay between $1.5 million and $2 million to each of eight victims to settle claims that federal officials ignored or tolerated the abuse, some of the people said. In total, the government would pay the victims about $14.5 million, one of the people said.

☆ Showtime’s ‘Lincoln Project’ doc, like the super PAC, is noisy but not all that effective
▼ + stars: | 2022-10-09 | by ( Michael Arceneaux | Michael Arceneaux Is The Author Of | ) www.nbcnews.com time to read: +8 min

Showtime’s five-part docuseries about The Lincoln Project, the super PAC founded by multiple well-known Republican strategists and operatives with a shared contempt for Donald Trump, reminds me a lot of the organization’s work in 2020: noisy but not necessarily all that effective in realizing its stated goals. It’s not that The Lincoln Project founders shouldn’t be proud of the house they built. We also definitely didn’t need so much footage of various fans — including celebrities — and Lincoln Project members talking about how cool, popular and great the organization is. At the time of that revelation, not even The Lincoln Project disputed it. And while I won’t deny the coverage The Lincoln Project garnered during and after the 2020 election, is it all that hard to troll someone like Trump?

☆ Low-price grocers like Aldi are winning as consumers trade down
▼ + stars: | 2022-10-08 | by ( Danielle Wiener-Bronner | ) edition.cnn.com time to read: +6 min

New York CNN Business —With grocery prices soaring, consumers are changing the way they shop for food. “Inflation is hitting everyone.”More consumers are additionally switching over to store brands, also called “private label,” which are often comparable in quality and lower in price. “I don’t think you can underestimate the strength of all these private label offerings,” said Heather Lalley, editor in chief of Winsight Grocery Business, a trade publication. “Now we’re seeing other retailers trying to emulate them.”In September, for example, Kroger (KR) announced a new budget private label brand called Smartway, which consolidates some of its other private label brands under one umbrella. Aldi, for one, is rolling out a new tagline to explain what it’s all about: It’s An Aldi Thing.

☆ Jobs report: The US job market remains robust, but is showing signs of cooling
▼ + stars: | 2022-10-07 | by ( Alicia Wallace | ) edition.cnn.com time to read: +7 min

Minneapolis CNN Business —The fever hasn’t broken yet for America’s employment market, but the temperature is coming down. That, coupled with job openings showing some sharp declines, points to a labor market slowdown — an outcome the Federal Reserve is seeking as it battles decades-high inflation. “The job market is slowing gracefully, moderating jobs and wage growth smoothly as the Federal Reserve searches for signs of cooling inflation,” Daniel Zhao, senior economist for Glassdoor, said in a statement. What could, however, move the needle will be the findings from the inflation data due next week, he said. Job openings outpace job seekers on a 1.7 to 1 ratio, the BLS’ Job Openings and Labor Turnover Survey for August showed.

☆ Lawsuit says woman gave birth alone on Maryland jail floor
▼ + stars: | 2022-09-28 | by ( The Associated Press | ) www.nbcnews.com time to read: +4 min

A woman who said she was left to give birth to her baby alone on the dirty, concrete floor of her jail cell in Maryland filed a federal lawsuit Tuesday alleging that jail nurses ignored her screams and pleas for help for six hours. A fellow inmate, hearing Valentine’s pleas, called Valentine’s boyfriend, who called the jail pleading with staffers to help her, the lawsuit said. The nurses also ignored a concern raised by a jail deputy about Valentine but he did not contact any superiors, the lawsuit said. The lawsuit is similar to one filed in 2019 by a woman who gave birth alone in Denver’s jail the year before, claiming that nurses and deputies ignored her pleas for help for five hours. Previously, decisions about whether to move a pregnant inmate were left to jail nurses but deputies were authorized to call for an ambulance for someone in labor.

☆ How the Journal Analyzed Amazon’s Trucking Operations
▼ + stars: | 2022-09-22 | by ( Christopher Weaver | ) www.wsj.com time to read: 1 min

A Condor Riders truck, pictured in a New Jersey State Police photograph, which was involved in a fatal 2020 crash on the New Jersey Turnpike. To evaluate Amazon’s trucking network, The Wall Street Journal analyzed U.S. Transportation Department unsafe driving scores for trucking companies, which are based on traffic citations, such as speeding tickets, and other violations over the previous two years. The DOT is barred from publishing the monthly scores under a 2015 federal law, but the Journal recreated them using the DOT’s own methodology and publicly available data, including a database of truck inspections. DOT officials provided guidance on the analysis.

☆ Salesforce aims for 25% operating margin in 2026 with more efficient spending
▼ + stars: | 2022-09-21 | by ( Jordan Novet | ) www.cnbc.com time to read: +2 min

The company is aiming for a 25% adjusted operating margin, including future acquisitions, she said. That compares with the 20% target Salesforce announced one year ago for its 2023 fiscal year. Salesforce indicated that it intends to push adjusted sales and marketing spending as a percentage of revenue below 35% by 2026 through increasing self-serve efforts, alliances with partners, and productivity improvements for salespeople. Additionally, Salesforce is keen to manage general and administrative spending, in part by evaluating real estate assets for a hybrid workplace. The company has begun buying back its own shares as part of its first share-repurchase program, Weaver said.

☆ Ludacris' manager Chaka Zulu charged with murder in connection to Atlanta shooting that left 23-year-old recent college grad dead
▼ + stars: | 2022-09-18 | by ( Taylor Ardrey | ) www.businessinsider.com time to read: +3 min

The arrest was connected to a June shooting in Atlanta that left a 23-year-old man dead, according to police. Police said when officers arrived at the scene on June 26, three men, including Obafemi, were found with gun wounds. "In an attempt to save his life, Mr. Zulu lawfully discharged his weapon in self-defense, a weapon that he is licensed to carry. Mr. Zulu fully cooperated with law enforcement officials and their investigation, and voluntarily turned himself in once he learned of the arrest warrants," he continued. "Mr. Zulu remains confident that his named will be cleared of all charges through the judicial process."

☆ Why Joe Biden thinks he's never too old to be your president
▼ + stars: | 2022-09-13 | by ( Nicole Gaudiano | ) www.businessinsider.com time to read: +28 min

As the oldest sitting president, he's raising concerns about how long he can continue governing. Republicans — including Trump — have gleefully seized on Biden's verbal misadventures, such as when he called his vice president "President Harris." President Joe Biden drives the Ford's new all-electric F-150 Lightning in Dearborn, Michigan. Ruggerio described the idea that Joe Biden is diminished or can't remember things as "bull crap." Cox said that while he thinks Biden is "still Joe" and still capable, he worries that Biden's age is a problem.

☆ Leaked Salesforce org chart shows the 12 most important execs under Marc Benioff and and outgoing co-CEO Bret Taylor
▼ + stars: | 2022-08-18 | by ( Matthew Lynley | Ashley Stewart | ) www.businessinsider.com time to read: +3 min

Salesforce co-CEO and heir apparent Bret Taylor is leaving the company. A leaked organizational chart shows who the top execs under Taylor and Marc Benioff are now. A leaked Salesforce organizational chart viewed by Insider shows most of the company's top executives report directly to Taylor, and only two reporting to Benioff. That's compared to 2021, when Insider viewed an org chart that showed Benioff with 13 direct reports, including then-COO Bret Taylor. Read on for the details on how these 12 execs became the new leaders of Salesforce as co-CEO Taylor exits the company.

☆ How the dollar's record rally is hitting companies this earnings season
▼ + stars: | 2022-07-22 | by ( Samantha Subin | ) www.cnbc.com time to read: +6 min

The dollar's record rally is wreaking havoc on some of the biggest companies in the world this earnings season. Morgan Stanley's Michelle Weaver said in a note to clients this week that the dollar's rally presents a headwind to earnings for U.S. companies, which make roughly 30% of sales abroad combined. Technology stocks are among the biggest behemoths so far to report headwinds from the dollar's strength this earnings season. Meanwhile, consumer discretionary names like Hasbro and Mattel are also feeling the pinch from the dollar's rally. While companies remain cautious going forward, some analysts and big investors also believe the dollar's rally has already shown signs that it's rolling over.

☆ Salesforce CFO Amy Weaver says the secret to managing the cloud giant's growth is to scale up efficiently but not to be afraid to make big bets
▼ + stars: | 2021-12-01 | by ( Paayal Zaveri | ) www.businessinsider.com time to read: +4 min

Over the past year, Salesforce has been balancing investing in the future and managing risk. CFO Amy Weaver is spearheading Salesforce's efforts to spur innovation while spending wisely. For example, Weaver said much of Salesforce's sales and product marketing is now done virtually via apps like Zoom, reducing travel expenses. Finally, Weaver said, Salesforce must be willing to make big investments where it sees a real opportunity, as it did with Slack. Making smart bets now means more revenue later, which will allow it to invest even more in its own efficiencies.

Procurorul districtual Michael Dougherty a anunţat că prezumtivul atacator a fost rănit şi se află în custodia poliţiei. Postul CNN, citând o sursă neidentificată din eşalonul superior la poliţiei, a relatat că arma folosită în atac a fost una de tip AR-15. Statul Colorado a fost scena unora dintre cele mai şocante atacuri în masă din istoria modernă a Statelor Unite. Preşedintele Joe Biden a fost informat despre schimbul de focuri, a indicat purtătoarea de cuvânt a Casei Albe, Jen Psaki. La rândul său, poliţia a deschis focul atunci când a ajuns în parking.

Persons: Poliţia, poliţia, Eric Talley, Michael Dougherty, King, Boulder Eric Talley, James Holmes, Eric Harris, Dylan, Kerry Yamaguchi, îşi, Sam Weaver, Soopers, Preşedintele Joe Biden, Yamaguchi Organizations: Şefa, Columbine, Agresorii, Casei Albe Locations: Colorado, supermarketul, Denver, Boulder, Maris, poliţiei, Boulder Eric, Atlanta, Statelor Unite, Aurora, Littleton, SUA, american Boulder, cunoştinţă

Search resuls for: "Weaver"

24 mentions found