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☆ Gen Z Is Saving Money by Living With Parents; It's Going to Cost Them
▼ + stars: | 2024-02-26 | by ( Eve Upton-Clark | ) www.businessinsider.com time to read: +11 min

There are 620,000 more adults living with their parents in the UK than a decade ago. In the US, the percentage of young adults living at home has climbed 87% over the past two decades, according to the US Census Bureau. More than one-third of Gen Z respondents in a 2022 Freddie Mac survey said it's something they thought they'd never be able to achieve. A similar share of young adults lived with their parents in the wake of the Great Recession in 2010 — 44%. For many young adults, living on your own is an important step to feeling grown up.

Persons: Bethany Clark, didn't, she's, Clark, they'd, Moody's, renter, Zers, homebuyers, Gen, Freddie Mac, millennials, Z, grads, We're, Amy Lewthwaite, Lewthwaite, shouldn't, I've, Sarah Obutor, who'd, Obutor, —, Gen Zers, Jeffrey Jensen Arnett, Arnett Organizations: Census Bureau, Bloomberg, Harris, National Association of Realtors, Bloomberg Businessweek, Guardian, Financial Times, Urban Institute, Northumbria University, Clark University Locations: Surrey, England, America, London, Georgia

☆ McDonald's tried to buy Panera Bread, and 5 other reveals from founder Ron Shaich's book
▼ + stars: | 2023-10-24 | by ( Amelia Lucas | ) www.cnbc.com time to read: +6 min

McDonald's tried to buy PaneraMcDonald's expressed interest in buying Panera in the early 2000s, Shaich writes. More than a decade after meeting with McDonald's, Shaich started seriously considering selling Panera as he prepared to step down from the business. Shaich writes in the book that he never really left, staying active as executive chair of the company, before he rejoined as a co-CEO in 2012. Shaich writes that he knew at the time that he would retire, but he hadn't yet announced it. Shaich writes that Panera received a patent to use video to review the accuracy of sandwich orders.

Persons: Ron Shaich, Scott Mlyn, Shaich, Louis, Panera, that's, McDonald's, Bill Moreton, wasn't, Donatos, Howard Schultz, David Ryder, Schultz, Au Bon, Steve Ells, Jerry Cleveland, Obama, hadn't Organizations: CNBC, Clark University, Louis Bread Company, Grill, Boston, Starbucks, Reuters Starbucks, Denver Post, Getty, Obama Locations: Boston, Seattle, Panera, India, aren't

☆ Walmart is making an unusual move to deter theft by building a mini police station inside one of its stores
▼ + stars: | 2023-09-07 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +3 min

An arson-damaged Atlanta Walmart store is slated to include a mini police station when it reopens in 2024. Walmart is tapping City of Atlanta funds to keep the store operating amid a rise in retail crime. Get the inside scoop on today’s biggest stories in business, from Wall Street to Silicon Valley — delivered daily. More than 20 other Walmart locations in the US have shuttered this year so far, typically due to underperformance. Approximately one in four dollars spent at US grocery stores are spent at Walmart, according to retail data service Numerator.

Persons: Andre Dickens, Doug McMillon, —, — Dickens Organizations: Atlanta Walmart, Walmart, Service, Atlanta Police Department, Merchants Association, MLK, Clark University Locations: Atlanta, Wall, Silicon, Vine City

☆ Earth, wind and fire
▼ + stars: | 2023-08-21 | by ( ) www.reuters.com time to read: +9 min

Earth, wind and fire The wildfire that ripped through Lahaina last week, reducing what had once been the jewel of the historic Hawaiian kingdom to rubble, was decades in the making, scientists say. Illustration of smoke rising above mountains How wind spreads fire As wind cascades over mountains, sinking air compresses, heats up and loses moisture. Over Aug. 7 to 9, gale-force wind gusts reached 67 miles per hour (108 kilometres per hour) in Maui County, according to the National Weather Service. Hot and dry air, colored in orange, moves over Hawaii throughout the timelapse. Today, over 90% of Hawaii’s native dry forests have disappeared, and non-native grasses cover roughly a quarter of the state, according to scientists.

Persons: didn’t, ”, Abby Frazier, Dora —, John Bravender, Dora, Hurricane Dora, “ Dora, Bravender, climatologist Frazier, Thomas Smith, Jennifer Balch, Mike Opgenorth, ” Smith, Matthew A, Foster, Handout Organizations: U.S . Drought Monitor, Clark University, National Weather Service, National Oceanic, Pacific Hurricane Center, North Pacific, London School of Economics, Political, University of Colorado Boulder, Pacific Fire Exchange, University of Hawaii, U.S . Army National Guard, Staff Locations: Lahaina, Lahaina —, West Maui, Lahaina simmered, Maui, Massachusetts, Hawaii, Maui County, Honolulu, Canada, India, South America, Caribbean, Lahaina , Hawaii, U.S

☆ On Maui, a perfect storm of climate, colonialism, and failed emergency systems made the deadliest US wildfire in over a century
▼ + stars: | 2023-08-18 | by ( Maiya Focht | Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +8 min

A deadly wildfire raged through the Hawaiian town of Lahaina, killing at least 111 people, last week. Aerial view shows destroyed homes and buildings near Front Street in Lahaina Town on August 10, 2023. Colonialism: Plantations brought the perfect wildfire fuel, an invasive grassLahaina was once the capital of the indigenous Hawaiian kingdom. Smoke and flames rise in Lahaina, Maui County, Hawaii, U.S., August 8, 2023 in this still image from video obtained from social media. A Mercy Worldwide volunteer makes damage assessment of charred apartment complex in the aftermath of a wildfire in Lahaina, western Maui, Hawaii on August 12, 2023.

Persons: Patrick T, Fallon, Jeff Masters, YUKI IWAMURA, Clay Trauernicht, Erin Hawk, We've, Abby Frazier, PATRICK T, FALLON, Dora, Dora didn't, Judson Jones, Jeff Melichar, didn't, Anne Lopez, Herman Andaya Organizations: Service, Getty, Yale, Washington Post, Plantations, Hawaii Public Radio, University of Hawaii, Maui . Flames, Reuters, Clark University, New York Times, REUTERS, ABC7, Mercy Worldwide Locations: Lahaina, Maui, Lahaina Town, Hawaii, U.S, Maui County, AFP

Those winds also battered power lines on the island, and dramatic videos show lines swaying and being toppled in the gusts. Now, some locals are casting blame on Hawaiian Electric, the state’s biggest utility, for not shutting off power to high-risk areas – and claiming that its power lines could have sparked the deadly fire. State officials were well aware of the danger posed by downed power lines during hurricanes. A 2021 state report noted that “downed power lines” and “residential and wildland fires” were hazards related to hurricanes. Maui Mayor Richard Bissen said Thursday that power lines that were “still energized” had fallen on the roads.

Persons: Shane Treu, Treu, ” Treu, kindling, Lisa Treu, –, ”, “, Hurricane Dora, “ inexcusably, Jim Kelly, ” Kelly, Kelly, Richard Bissen, Yuri Iwamura, hydrants –, Cole Millington, Millington, Bradford Ventura, Adam Weintraub, ” Weintraub, Jill Tokuda, Keahi Ho, John Stufflebean, Josh Green, Anne Lopez, ” Green, “ It’s, Dora, Abby Frazier, Dora inched, Josh Stanbro Organizations: CNN, Hawaii Army National Guard, Hawaii National Guard, Reuters, Electric, National Weather Service, Hawaiian Electric Company, Public Utilities Commission, Hawaii Wildfire Management Organization, Maui, Volunteers, Getty, Facebook, Bradford, Hawaii Emergency Management Agency, Democrat, New York Times, Maui County Department of Water Supply, Times, Government, Hawaii Gov, Clark University Locations: Mauna, Lahaina, Maui, Hawaii, County, California, Paradise, West Maui, Maalaea, AFP, “, Maui County, United States, Massachusetts

Hawaii Army National Guard CH47 Chinook helicopters perform aerial water bucket drops on the island of Maui to assist with fight of wildfires in Maui, Hawaii, August 9, 2023. An out-of-control wildfire that began along a major Central Maui highway burns Thursday July 11, 2019, in Maui, Hawaii. “Especially when you have severe drought conditions like we have.”Despite these growing dangers, Hawaii state budgets for fire management have not kept pace with worsening conditions, according to the Hawaii Wildfire Management Organization, a nonprofit. Hawaii is hardly unique: As climate change is exacerbating natural disasters, state officials across the country are also struggling to respond to new threats. And it’s unclear how significantly additional preparedness and mitigation efforts could have reduced the destruction of a blaze with the intensity and speed of the Lahaina wildfire.

Persons: Pamela Brown’s, ”, Hurricane Dora, didn’t, Clay Trauernicht, Matthew Thayer, Abby Frazier, ” Nani Barretto, Gov, Sylvia Luke, “, Josh Stanbro, Josh Green, Frazier, ” “ Organizations: CNN, Hawaii Army National Guard, Hawaii National Guard, University of Hawaii, Hawaii Emergency Management Agency, Maui News, Clark University, Hawaii Wildfire Management Organization, ” Locations: Hawaii, ”, Maui, Lahaina, Maui County, Central Maui, Massachusetts

The fires in Hawaii would be shocking anywhere — killing at least 36 people, in one of the deadliest wildfires in the United States in modern history. The explanation is as straightforward as it is sobering: as the planet heats up, no place is protected from disasters. The story of this week’s blaze arguably began decades ago, when Hawaii started experiencing a long-term decline in average annual rainfall. Since 1990, rainfall at selected monitoring sites has been 31 percent lower in the wet season, and 6 percent lower in the dry season, according to work published in 2015 by researchers at the University of Hawaii and the University of Colorado. There are multiple reasons for that change, according to Abby Frazier, a climatologist at Clark University who has researched Hawaii.

Persons: Abby Frazier Organizations: University of Hawaii, University of Colorado, Clark University Locations: Hawaii, United States

☆ These factors are making it hard to combat the deadly Maui wildfires
▼ + stars: | 2023-08-10 | by ( Ray Sanchez | ) edition.cnn.com time to read: +7 min

CNN —The wildfires in Maui spread swiftly and turned deadly, stunning local officials who were quickly overwhelmed. Fueled by a combination of strong winds and dry conditions – and complicated by the island’s geography – the fires have killed at least 36 people. Moderate drought covers more than one-third of Maui, with some areas experiencing severe drought, according to the US Drought Monitor. Dried-out land and vegetation can provide fuel for wildfires, which then can swiftly turn deadly if strong winds help fan the flames toward communities. “These strong winds coupled with low humidity levels are producing dangerous fire weather conditions” through Wednesday afternoon, the weather service said.

Persons: ” Jennifer Marlon, ”, Clay Trauernicht, ” Marlon, Derek Van Dam, Abby Frazier, ” Frazier, Hurricane Dora, Niño, Frazier, Trauernicht, ” Trauernicht, –, we’ve Organizations: CNN, Yale School of, University of Hawaii, US Drought Monitor, Fourth, National Weather Service, Clark University in, El Nino, Pacific Fire Exchange, of Forestry, Wildlife Locations: Maui, Hawaii, Manoa, Santa Ana, Southern California, Oahu, Clark University in Massachusetts, “, Hurricane, Pacific, ” Hawaii, West Maui

☆ Opinion | L.G.B.T.Q. Americans Could Become a ‘New Class of Political Refugees’
▼ + stars: | 2023-06-14 | by ( Charles M. Blow | ) www.nytimes.com time to read: +2 min

According to research by the Clark University professor Abbie Goldberg published in January by the Williams Institute at the UCLA School of Law, which surveyed 113 parents in Florida who are L.G.B.T.Q. And as the study notes, for some families with L.G.B.T.Q. legislation creates “will be significant.” Uprooting and moving to get away from political persecution is a privileged option that’s just not feasible for everyone, at least in the short term. One high-profile family that resolved to leave Florida is that of Dwyane Wade, who won three N.B.A. The couple has a transgender daughter, 16-year-old Zaya, and Wade has said that Florida’s anti-L.G.B.T.Q.

Persons: Kelley Robinson, Abbie Goldberg, Florida’s, “, Goldberg, Dwyane Wade, Gabrielle Union, Wade, ” Organizations: Human Rights, Clark University, Williams Institute, UCLA School of Law, ” —, Miami Heat Locations: America, Florida, Miami, “

Analysts say what may appear as mixed messaging is the result of President Xi Jinping's renewed focus on national security, steeled by rock-bottom relations with rival superpower, the United States. A later speech in March at the National People's Congress was more pointed: China's security is being challenged by U.S. attempts to contain its rise, he said. In his October speech, he added "external security" and "international security", in what analysts say signals a new focus to counter foreign threats, namely Washington. Asked for its response to a list of questions for this story, China's foreign ministry said it was "not aware of the situation". BUSINESS JITTERSChina's security focus also risks isolating the country economically.

☆ What's driving Georgia's record early-voter turnout
▼ + stars: | 2022-11-02 | by ( Carlos Waters | In Carloswaters | ) www.cnbc.com time to read: +2 min

Multiple high-stakes races on the ballot in Georgia have drawn record levels of early-voter turnout, according to state officials. Through the first days of early voting, a record 1.017 million people cast ballots in the state, according to a press release from Georgia Secretary of State Brad Raffensperger. This preliminary news of high turnout follows a controversial revision to state-level election administration procedures authorized by Georgia Gov. "We had a lot of problems with the 2020 election," said Christian Zimm, a Republican running to represent Georgia's 5th Congressional District. Watch the video above to see what's driving Atlanta's record early-voter turnout.

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