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☆ An Italian town wants to sell its abandoned homes for $1 but the owners won't let it
  + stars: | 2024-03-25 | by ( Joshua Zitser | ) www.businessinsider.com   time to read: +1 min
However, Patrica's mayor said people in the town aren't prepared to sell their abandoned homes. AdvertisementThe mayor of a quaint medieval Italian town wants to replicate the one-euro home initiative, inspired by the success stories of places like Mussomeli in Sicily. But according to CNN Travel, homeowners in Patrica, a town of about 3,000 people in central Italy, aren't prepared to sell their abandoned properties. The news outlet said that Lucio Fiordaliso, the mayor of Patrica, has struggled to transform the town using the offer of $1 homes, which Business Insider has covered extensively. This story is available exclusively to Business Insider subscribers.
Persons: CNN he's, Mussomeli, Patrica's, aren't, —, Lucio Fiordaliso Organizations: CNN, Service, CNN Travel, Business Locations: Patrica, Italy, Mussomeli, Sicily
☆ Don't count on mortgage rates falling just yet. A Fed official says interest rate cuts may only come in the summer.
  + stars: | 2024-02-13 | by ( Huileng Tan | ) www.businessinsider.com   time to read: +1 min
Atlanta Fed President Raphael Bostic told CNN he expects the first interest rate cuts in the summer. He said he expects the US inflation rate to fall to "the lower twos" only by end-2024. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . On Monday, Raphael Bostic, the president of the Atlanta Fed, told CNN he's expecting the US inflation rate to fall to "the lower twos" by the end of this year — down from 3.4% in December.
Persons: Raphael Bostic, —, CNN he's Organizations: Atlanta Fed, CNN, Service, Business
☆ Derek Chauvin, convicted in George Floyd’s death, in stable condition after stabbing, lawyer says prison officials told him
  + stars: | 2023-11-27 | by ( Taylor Romine | ) edition.cnn.com   time to read: +3 min
Greg Erickson, an attorney for Derek Chauvin, told CNN he's had trouble getting health updates for his client after Chauvin was stabbed in prison. KOLDErickson previously told CNN Chauvin’s family wasn’t alerted about the incident and his parents hadn’t been able to reach him. Chauvin was assaulted Friday afternoon at the Federal Correctional Institution in Tucson, a medium-security facility, while serving two concurrent sentences in Floyd’s murder. In April 2021, Chauvin was convicted on state charges of second-degree unintentional murder, third-degree murder and second-degree manslaughter. Months later, Chauvin pleaded guilty to federal charges of depriving Floyd of his civil rights and was sentenced to 21 years in prison.
Persons: Derek Chauvin, George Floyd, Greg Erickson, CNN’s Laura Coates, “, ”, Erickson, CNN he's, Chauvin, KOLD Erickson, hadn’t, Floyd, White, couldn’t Organizations: CNN, Federal Bureau of Prisons, ”, of Prisons, Federal Correctional Institution, Prisons Locations: Minneapolis, Tucson
☆ Dean Phillips says he doesn't agree with the Kamala Harris gossip, but felt a need to pass along that lots of people say she 'doesn't have the right disposition' to be president
  + stars: | 2023-11-22 | by ( John L. Dorman | ) www.businessinsider.com   time to read: +5 min
Phillips recently told The Atlantic that "others" told him Harris doesn't have the chops to be president. But Phillips told CNN he's been "impressed" by Harris and believes she is "well-prepared." "She is not well prepared, doesn't have the right disposition and the right competencies to execute that office," Phillips told Leibovich. And the congressman also told Phillip he didn't "recall" making comments critical of the vice president. (The president's name isn't on the ballot due to the state's defiance of the DNC presidential primary calendar.)
Persons: Dean Phillips, Kamala Harris, Phillips, Harris doesn't, CNN he's, Harris, —, Mark Leibovich, Biden, Leibovich, doesn't, Abby Phillip, You've, Phillip, I've, She's, @deanbphillips, b4JzTc6fIE, Abby D, @abbydphillip, — Phillips, Robert Garcia of, Garcia, Donald Trump, they'd Organizations: Democratic, CNN, Service, Dean Phillips of, Robert Garcia of California, University of New Locations: Dean Phillips of Minnesota, New, South Carolina, Granite State, University of New Hampshire
☆ What is white hydrogen? Scientists say the clean-energy gas could save the world.
  + stars: | 2023-10-29 | by ( Katie Hawkinson | ) www.businessinsider.com   time to read: +3 min
White hydrogen, a newly identified hydrogen source, could eliminate the need for lab production. Because it doesn't require any of these energy-intensive processes, climate experts say white hydrogen could be our saving grace, according to CNN. It's also cheaper: white hydrogen is estimated to cost about $1 per kilogram to produce, while green hydrogen costs about $6 per kilogram, per CNN. AdvertisementAdvertisementSeveral start-ups are already exploring how to commercialize white hydrogen, CNN reported. Ellis told CNN that speed is vital to ensure white hydrogen can help curb the climate crisis.
Persons: —, Jacques Pironon, Phillipe De Donato, Viacheslav Zgonnik, Geoffrey Ellis, Ellis would've, It's, Ellis, Zgonnik Organizations: Service, National, of Scientific Research, CNN, US Geological Survey Locations: France, Mali
☆ Live updates: USA vs Vietnam, Women's World Cup 2023
  + stars: | 2023-07-21 | by ( Tara Subramaniam | Adam Renton | ) edition.cnn.com   time to read: +2 min
From left: Livia, Randy, Laurenne and Lisette Moreland are back at a World Cup for the first time since 2016. Tara Subramaniam/CNNAmericans from coast to coast have made the trek to Auckland to support the reigning Women's World Cup champions as they seek a record third title. Now, the family is at their second Women's World Cup. Tara Subramaniam/CNNElanor Espey and her mom Katrina from Sacramento, were also in France during the 2019 Women's World Cup and watched games from the fan zone in Paris. Elanor Espey told CNN she's looking forward to seeing "how the teams have developed in the past four years since the last World Cup."
Persons: Livia, Randy, Laurenne, Lisette Moreland, Tara Subramaniam, Moreland, Laurenne Moreland, Adam, Cate, she's, Stephanie, Alex Morgan, CNN Elanor Espey, Elanor Espey Organizations: CNN, USA, FIFA, US, Thailand, National Locations: Auckland, Bethesda , Maryland, Austin , Texas, Reims, France, Australia, New, Sacramento, Paris
☆ Exclusive: Paul Whelan tells CNN he's 'positive and confident' the 'wheels are turning' toward release
  + stars: | 2023-05-21 | by ( Jennifer Hansler | ) edition.cnn.com   time to read: +5 min
CNN —Paul Whelan, an American who is wrongfully detained in Russia, told CNN on Sunday that he feels confident that his case is a priority for the United States government but wishes it could be resolved faster. “I remain positive and confident on a daily basis that the wheels are turning. I just wish they would turn a little bit more quickly,” said Whelan, who called CNN exclusively from his prison camp in remote Mordovia. However, Whelan said Sunday he has more confidence in the US efforts to get him home than he did when he spoke to CNN in December following Griner’s release. Medical care, dental care is provided privately,” he told CNN.
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