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☆ Coral reefs are experiencing another global bleaching event. Growing corals on artificial reefs could help save them
▼ + stars: | 2024-05-09 | by ( Michelle Cohan | ) edition.cnn.com time to read: +6 min

Like other coral reefs, over the last few decades, this vibrant ecosystem has been suffering from the effects of climate change, with the National Oceanic and Atmospheric Administration recently reporting a fourth global mass bleaching event – the second in the last decade. Bleaching happens when the corals become stressed due to changes in their environment and expel the colorful algae living on them. University of MiamiIn partnership with the city of Miami Beach, two hybrid reefs were deployed in March 2023. Coral gardeningLirman’s team has been growing and testing coral colonies at the university for more than 15 years. A global problemOcean ecosystems are declining and suffering around the world, Lirman says.

Persons: ”, Diego Lirman, Lirman, ” Lirman, “, Emily Esplandiu, they’ve, “ We’re Organizations: CNN, Miami, National Oceanic, Atmospheric Administration, University of Miami, North Miami Beach, International Maritime Organization, Miami Beach, Dade, US Department of Defense Locations: Miami Beach , Florida, North Miami, Miami Beach, Miami

☆ Why You Can Hear the Temperature of Water
▼ + stars: | 2024-05-09 | by ( Sam Kean | ) www.nytimes.com time to read: 1 min

Most people are quite good at distinguishing between the sound of a hot liquid and the sound of a cold one being poured, even if they don’t realize it. “Every time I give a talk and I say, ‘Surprisingly, adults can tell the difference between hot and cold water,’ people just go like this,” said Tanushree Agrawal, a psychologist who, during a video call, mimicked audience members shaking their heads no. But research she completed at the University of California at San Diego demonstrated that three-fourths of the participants in her experiments could in fact detect the difference. You can try it yourself. Put on your headphones or listen closely to your computer or phone’s speaker and hit play on this audio recording.

Persons: ”, Tanushree Agrawal Organizations: University of California Locations: San Diego

☆ A woman couldn't understand why she wasn't losing weight after trying diets, exercise, and medication. A test revealed she was missing crucial gut microbes.
▼ + stars: | 2024-05-09 | by ( Kim Schewitz | ) www.businessinsider.com time to read: +5 min

Kimmie Gilbert couldn't seem to lose weight despite trying diets, exercise, and medication. Research suggests that gut microbiome composition might play a role in a person's weight. AdvertisementKimmie Gilbert has one pressing question: "What in the world are y'all eating that I'm not eating that causes y'all to lose weight and not me?" In 2019, health tech had a global market value of approximately $350 billion, according to McKinsey. A microbe called Prevotella, which is associated with weight loss, wasn't found at all in her gut.

Persons: Kimmie Gilbert couldn't, Gilbert, —, Kimmie Gilbert, y'all, Eran Segal, Annie Gupta, Goodman, Rob Knight, Jack Gilbert, wasn't, Gupta, Prevotella, Segal Organizations: Service, Netflix, McKinsey, BMI, Weizmann Institute of Science, UCLA, Luskin, UC San Diego Locations: New Orleans

☆ What Does a Lonely Brain Look Like?
▼ + stars: | 2024-05-09 | by ( Dana G. Smith | ) www.nytimes.com time to read: +1 min

Everyone feels lonely from time to time — after, say, a move to a new school or city, when a child leaves for college, or following the loss of a spouse. It becomes “a personality trait, something that’s pretty sticky,” said Dr. Ellen Lee, an associate professor of psychiatry at the University of California, San Diego. Here’s what experts know about how chronic loneliness affects the brain, and some strategies to address it. How does loneliness change the brain? Experts think loneliness may have emerged as a unique type of stress signal to prompt us to seek companionship.

Persons: ”, Ellen Lee Organizations: University of California Locations: San Diego

☆ Diego Maradona’s Golden Ball trophy went missing in unknown circumstances for decades. Now it’s expected to sell for millions
▼ + stars: | 2024-05-08 | by ( George Ramsay | ) edition.cnn.com time to read: +4 min

CNN —Diego Maradona’s Golden Ball trophy from the 1986 World Cup, which had gone missing in contested circumstances for decades, has reappeared and is anticipated to sell for millions of dollars at auction next month. Argentina went on to defeat West Germany 3-2 in the final and win the second of the country’s three World Cup titles. Maradona controls the ball during the 1986 World Cup final against West Germany. Colorsport/ShutterstockThe history of the Golden Ball trophy awarded to Maradona in Paris after the tournament is shrouded in mystery. Maradona was unquestionably a household name before the 1986 World Cup, but after leading Argentina to the title, he became a global superstar.

Persons: CNN — Diego Maradona’s, ” François Thierry, “, ” Maradona, God, ”, Maradona, Thierry, there’s, didn’t, Aguttes, Asif Kapadia’s Organizations: CNN, England, CNN Sport, West, Maradona, Italian, Napoli, Argentine Locations: Paris, Argentina, Argentine, West Germany, Buenos Aires

☆ My husband and I combined our last names when we got married — it started as a joke, but then it just made sense
▼ + stars: | 2024-05-08 | by ( Jane Ridley | ) www.businessinsider.com time to read: +4 min

Marcy Donnelly and Chris Buerger, 50 and 52, combined their last names when they wed in 2000. AdvertisementThis as-told-to essay is based on a conversation with Marcy Donnager. It started as a joke, then we realized it made senseNone of it seemed real, so we made up names for ourselves. But our adopted names didn't suit our last names, Donnelly and Buerger. Then, once we had our marriage certificate, we used it in the court proceeding to legally change our names to Donnager.

Persons: Marcy Donnelly, Chris Buerger, Donnager, —, Marcy Donnager, Chris, Sasha, Donnelly, Buerger, Sasha Donnager, Buergdonn, Marcy, Aidan, Austin, we're Organizations: Service, SeaWorld, Social Security, Business Locations: San Diego, San Francisco, Orange County, Las Vegas, Austin

☆ US Marines debuted a new amphibious combat vehicle, which was previously pulled out of the water after multiple rollovers
▼ + stars: | 2024-05-08 | by ( Drew F. Lawrence | ) www.businessinsider.com time to read: +4 min

The US Marines' new amphibious combat vehicle made its first overseas deployment in the Philippines. AdvertisementThe Marine Corps ' new amphibious combat vehicle, or ACV, debuted in the Philippines as part of its first overseas deployment after more than a year-and-a-half of limited operations. AdvertisementA US Marine Corps amphibious combat vehicle splashes off the amphibious dock landing ship USS Harpers Ferry (LSD 49) during Exercise Balikatan 24 in Palawan, Philippines. AdvertisementUS Marine Corps amphibious combat vehicles conduct a towing exercise during Exercise Balikatan 24 in Palawan, Philippines. That vehicle, called the amphibious assault vehicle, or AAV, had been used since the 1970s.

Persons: —, ACVs, Col, Sean Dynan, Lance Cpl, Peyton Kahle, Matthew Bylski, Chris Mahoney, Boxer, Military.com Organizations: US Marines, Service, Corps, Marines, Pacific, 15th Marine Expeditionary Unit, Marine Corps, US Marine Corps, . Locations: Philippines, Philippine, South, Camp Pendleton , California, Palawan, Oyster Bay, USS Somerset, San Diego

☆ Parents of Australian surfers murdered in Mexico remember loving sons who adored adventure
▼ + stars: | 2024-05-07 | by ( Jessie Yeung | ) edition.cnn.com time to read: +4 min

CNN —The grieving parents of two Australian brothers killed on a surfing trip in Mexico alongside their American friend said their deaths had made the world a “darker place,” days after their sons’ bodies were identified. On Sunday, Mexican authorities confirmed their identities as the three missing friends with the help of relatives who flew out help investigators. Mexican authorities have vowed to investigate the murders, saying the surfers may have been attacked in an attempted vehicle robbery. Mexico’s homicide rate is among the highest in the world, and more than 100,000 people remain missing in the country. Studies show only around seven percent of murders in Mexico are ever solved.

Persons: Jake, Callum Robinson, Jack Carter Rhoad, ”, Debra Robinson, “, Carter Rhoad, Martin, Callum, “ Callum, Debra, Callum’s, Penny Wong, Jesús Gerardo “, “ El Organizations: CNN, Seven Network Australia, Australia’s, team, Seven, Department of Foreign Affairs, Trade, Australian Federal Police, Australian Embassy Locations: Mexico, Ensenada, Tijuana, San Diego, Perth, Australia, United States, Baja California

☆ Brazil floods death toll rises to 83, dozens remain missing
▼ + stars: | 2024-05-06 | by ( Jack Guy | Julia Vargas Jones | ) edition.cnn.com time to read: +2 min

CNN —The death toll from a series of catastrophic floods in the southern Brazilian state of Rio Grande do Sul has risen to at least 83, the state’s civil defense unit said Monday. A further 276 people are reportedly injured and at least 111 people are missing, while at least 121,000 people have been displaced, according to the Civil Defense of Rio Grande do Sul. Military firefighters rescue a man using a helicopter. Yesterday (Saturday) were we able to intensify operations,” Sallet said. The climate crisis, caused primarily by humans burning fossil fuels, is supercharging extreme weather around the world, making many events more intense and more frequent.

Persons: Renan Mattos, Amanda Perobelli, José Carlos Sallet, ” Sallet, Diego Vara, Gustavo Ghisleni Organizations: CNN, Authorities, Civil Defense, Reuters, Reuters CNN, Rio Grande do Sul Military Firefighters, Roca Sales, Getty Locations: Rio Grande do Sul, Canoas, Jacarezinho, Roca, AFP

☆ Where 3 Dead Tourists Were Found Fast, Thousands Remain Missing
▼ + stars: | 2024-05-06 | by ( Emiliano Rodríguez Mega | ) www.nytimes.com time to read: 1 min

When two Australian brothers drove down to Mexico’s northwest coast from San Diego last week with their American friend, they were looking to catch the crisp waves that make Baja California a popular destination among travelers from across the world. But soon after arriving to the Mexican city of Ensenada, Callum Robinson’s Instagram posts of his surf adventure ceased. The group stopped answering calls and texts. He and his brother Jake never showed up at an Airbnb they had booked, their mother said in a social media post, pleading for help from anyone who had seen her two sons. On Sunday, Mexican authorities announced that the bodies of the three tourists, found at the bottom of a well with gunshot wounds to their heads, had been identified by their families.

Persons: Callum Robinson’s Instagram, Jake Organizations: San Diego Locations: San, Baja California, Mexican, Ensenada

☆ A 62-year-old employed 'peak boomer' in California makes too much for affordable housing but lives in her car: 'I'll work until I drop'
▼ + stars: | 2024-05-06 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +7 min

Cheryl Simmons, a parking lot attendant, lives in her car but makes too much for affordable housing. She lives in her car, even though she makes about $42,000 a year. She makes slightly too much for a single-room occupancy unit in affordable housing and exceeds the income limit for food stamps and other government assistance. AdvertisementSimmons is one of the 30 million "peak boomers" entering retirement age in the next few years, but most are not financially prepared to retire. A new report from the Alliance for Lifetime Income's Retirement Income Institute found that 52.5% of peak boomers have below $250,000 in assets.

Persons: Cheryl Simmons, Simmons, —, she'll, she's, ALICE —, ALICE, it's Organizations: Service, Alliance, Lifetime, Assistance, Food Locations: San Diego, Albuquerque, California, Texas

☆ This rare muscle disease play can rally more than 50%, BofA says
▼ + stars: | 2024-05-03 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Avidity Biosciences stock has more room to run thanks to the company's pipeline of multiple treatments for rare muscle disorders, according to Bank of America. Avidity has a therapeutic platform — antibody oligonucleotide conjugates — that was well-received at the time it went public in 2020, Meacham said. But shares were hurt by a clinical hold on Avidity's leading program for treating an uncommon muscle disorder, DM1. The program, tested in the Marina trial, recently saw long-term data that has "helped lift that key overhang on the stock," Meacham said. Those catalysts are tied to two other drugs in the muscle disorder space that are expected to report data this year, according to Meacham.

Persons: Geoff Meacham, Meacham Organizations: Biosciences, Bank of America Locations: San Diego, Thursday's

☆ I moved to Chicago from Portland for an affordable big city life. It's been easy to make friends and I'm never bored.
▼ + stars: | 2024-05-03 | by ( Jules Rogers | ) www.businessinsider.com time to read: +5 min

Jessica Kirshner is an interior designer who moved from Portland to Chicago in August 2023. I'm originally from the Bay Area, and I moved to Eugene, Oregon, in 2015 to study interior architecture. When I graduated, I moved to Portland for a job at a large firm. After three years in Portland, I moved to Chicago in August 2023. I love Chicago.

Persons: Jessica Kirshner, Kirshner, —, Jessica Kirshner I'm, Chicago Organizations: Service Locations: Portland, Chicago, Europe, Bay, Eugene , Oregon, LA, San Diego, New York, Oregon, Illinois, There's

☆ Diego Maradona’s children call for moving body to mausoleum for safety and tribute
▼ + stars: | 2024-05-03 | by ( Story Reuters | ) edition.cnn.com time to read: +1 min

Reuters —Diego Maradona’s children filed a request with the Argentine Courts on Thursday to move the former football great’s body “to a much safer place” and for fans “to pay tribute” in a mausoleum. Maradona’s remains lie in a private cemetery on the outskirts of Buenos Aires where he was carried in November 2020 in a massive funeral procession. The mausoleum, called “Memorial del Diez,” is located behind the Casa Rosada, the seat of the executive branch of the Argentine government, and will be open to the public, Veronica Ojeda, mother of Maradona’s youngest son, told local media. Maradona died at age 60 in November 2020 from a heart attack. Fans of Napoli and of the Argentine national team worshipped him as the “god of football.”

Persons: Reuters — Diego Maradona’s, “, Veronica Ojeda, Maradona’s, ”, Gianinna Maradona, Ojeda, Diego Maradona Jr, Maradona Organizations: Reuters, Argentine, Casa, Dalma, Argentina, Napoli Locations: Buenos Aires, ”, Argentine

☆ Tyler Stanaland and Alex Hall continue playing will-they-won't-they in 'Selling the OC' season 3 — and right now, it looks like they won't
▼ + stars: | 2024-05-03 | by ( Palmer Haasch | ) www.businessinsider.com time to read: +8 min

Over the course of the season, Tyler and Hall have multiple discussions about their relationship and at least one steamy kiss. Here's everything we know about whether Tyler and Hall are dating after "Selling the OC" season three. AdvertisementTyler and Hall's sexual tension ramped up on 'Selling the OC' season 2Tyler Stanaland and Alex Hall on "Selling the OC." Season 3 is filled with more indecisionAlex Hall and Tyler Stanaland continue to test the waters of a relationship on "Selling the OC" season 3. Tyler Stanaland and Alex Hall on "Selling the OC."

Persons: —, Tyler Stanaland, Alex Hall, Tyler's, Brittany Snow, Tyler, Terence Patrick, Gio Helou, Hall, Brandi Marshall, Polly Brindle, Polly, wouldn't, costars, Hall's, he's, flakiness, doesn't, it's, Tudum Organizations: Service, Group, Business, Hall, Netflix, Oppenheim Locations: Cabo, Fiji, Australia, San Diego, Nashville, Vegas, London, Italy

☆ Mexico questions three people over missing American and Australian tourists
▼ + stars: | 2024-05-03 | by ( Sandi Sidhu | Chris Lau | ) edition.cnn.com time to read: +3 min

CNN —Concerns are growing for a trio of missing tourists, including a US citizen, as Mexican authorities question three people in connection with their disappearance. American Jack Carter Rhoad and Australian brothers Jake and Callum Robinson were reported missing on April 29, according to the Baja California’s prosecutors’ office. Baja California has been plagued by cartel violence in recent years, though it rarely occurs in tourist areas like Ensenada. Jake Robinson/Instagram“Australian friends Jake and Callum Robinson have gone missing around Rosarita/Ensenada region of Baja California Norte Saturday morning,” Debra Robinson posted on Instagram alongside a photo of her two sons. And we just hope for a positive outcome.”Mexican authorities are liaising with US and Australian authorities, the Baja California state attorney’s office said.

Persons: Jack Carter Rhoad, Jake, Callum Robinson, Maria Elena Andrade Ramirez, Jake Robinson, Instagram, ” Debra Robinson, “, Callum, Anthony Albanese, they’ve, ” Organizations: CNN, ”, Seven, team, Australian Locations: Ensenada, Tijuana, Baja California, Perth, Western Australia, Rosarita, Baja California Norte, San Diego , California

☆ ‘Lempicka’ to End Broadway Run a Month After Opening
▼ + stars: | 2024-05-02 | by ( Michael Paulson | More About Michael Paulson | ) www.nytimes.com time to read: +1 min

“Lempicka,” a new musical about an artistically and sexually adventurous painter, announced Thursday evening that it would close on May 19, just a month after opening. This is the first show to fall after this year’s Tony nominations were announced on Tuesday. “Lempicka” scored three nods — for the actresses Eden Espinosa and Amber Iman, as well as for scenic design — but was shut out of the best musical category. It really needed a boost, because its grosses have been anemic — last week it grossed $288,102, which is unsustainably low for a Broadway musical. The show, which explores the life of the 20th-century painter Tamara de Lempicka, was written by Carson Kreitzer and Matt Gould and directed by Rachel Chavkin.

Persons: “, Tony, “ Lempicka ”, —, Eden Espinosa, Amber Iman, Tamara de Lempicka, Carson Kreitzer, Matt Gould, Rachel Chavkin Organizations: Williamstown Theater, La Jolla Playhouse, Broadway Locations: San Diego

☆ Matt Hilton: Beekeeper revels in ‘surreal’ experience after his MLB heroics, gets a trading card deal
▼ + stars: | 2024-05-02 | by ( Don Riddell | Ben Church | ) edition.cnn.com time to read: +3 min

CNN —Beekeeper Matt Hilton said the last few days have been “crazy” after becoming the latest star of Major League Baseball. Hilton became the hero on Tuesday after he was called out to deal with a swarm of bees that was delaying the Arizona Diamondbacks vs. Los Angeles Dodgers game. I mean, I’m going to Chase Field and the Diamondbacks and Dodgers playing,” Hilton told CNN Sport’s Don Riddell. Beekeeper Hilton hypes up the crowd after removing the swarm of bees. Limited edition trading cardThe spotlight, though, still remains on Hilton after the beekeeper’s efforts were further rewarded with his very own Topps trading card.

Persons: Matt Hilton, Hilton, Arizona’s, ” Hilton, CNN Sport’s Don Riddell, “, ”, Bonnie Tyler’s “, Beekeeper Hilton hypes, Christian Petersen, “ It’s, I’m, “ We’ve Organizations: CNN, Major League Baseball, Arizona Diamondbacks, Los Angeles Dodgers, Chase Field, Diamondbacks, Dodgers, Blue Sky Pest, Hilton, Topps, ” Topps, Twitter, The Arizona Diamondbacks, San Diego Padres

☆ Amphibious assault ship USS Boxer is out of action, and it's a problem, top Marine Corps general says
▼ + stars: | 2024-05-01 | by ( Ella Sherman | ) www.businessinsider.com time to read: +3 min

USS Boxer, an amphibious assault ship, is undergoing repairs, causing disruptions to Marine Corps operations. Naval Surface Force has stated that the USS Boxer may deploy this summer. AdvertisementUSS Boxer, a namphibious assault ship, is undergoing repairs, and a top general says that the hang-ups are affecting Marine Corps operations and depriving the force of key capabilities. Smith also said that Marines cannot train the same with the USS Boxer, a large flattop that resembles a medium-sized aircraft carrier, currently out of action. USS Boxer received seven Navy-wide awards in March, including the Battle Effectiveness Award and Maritime Warfare Excellence Award for its "sustained superior performance."

Persons: Boxer, —, Eric M, Smith, Mikal Chapman, Adm, Lisa M, We're Organizations: Marine Corps, Naval, Force, Boxer, Service, House Armed, Marines, USS, Fighter Attack, U.S . Navy, Naval Operations, Naval Surface Force, USNI, Navy, Maritime Locations: San Diego

☆ Giant Pandas Are Returning to San Diego, China Announces
▼ + stars: | 2024-05-01 | by ( Alan Rappeport | More About Alan Rappeport | ) www.nytimes.com time to read: +1 min

The United States and China may be at odds these days over Russia’s war in Ukraine, cheap Chinese exports, tensions with Taiwan and matters of human rights. But when it comes to giant pandas, diplomacy is back. The Ministry of Foreign Affairs in China confirmed this week that two giant pandas — Yun Chuan and Xin Bao — would be sent from the China Conservation and Research Center to the San Diego Zoo. The zoo has a longstanding partnership with China on panda conservation research, and a ministry spokesman said the upcoming exchange would focus on prevention and treatment of major diseases and habitat protection. It is not clear when the new pandas will arrive, but the agreement should allay concerns that the recent tensions between the United States and China would threaten the beloved tradition of panda diplomacy.

Persons: Yun Chuan, Xin Bao —, Lin Jian Organizations: Ministry of Foreign Affairs, China Conservation and Research Center, San Diego Zoo Locations: States, China, Ukraine, Taiwan, U.S, United States

☆ Red Lobster Isn't Nearing Bankruptcy Because of Endless Shrimp
▼ + stars: | 2024-05-01 | by ( Emily Stewart | ) www.businessinsider.com time to read: +9 min

While Red Lobster increased traffic somewhat, people coming in to chow down on all-you-can-eat shrimp was a money bleeder. But the story about what's gone wrong with Red Lobster is much more complicated than a bunch of stoners pigging out on shrimp (and, later, lobster) en masse. Red Lobster first opened in Lakeland, Florida, in 1968 and was acquired by the food conglomerate General Mills in 1970. "What's truly happened with Red Lobster is that the consumer base has changed and Red Lobster hasn't," he said. "Red Lobster isn't losing to a competitor in their space — they're losing to competitors outside their space."

Persons: It's, what's, Jonathan Maze, Mills, General Mills, Olive, Darden, Red, Eileen Appelbaum, isn't, they've, it's, Keith Bedford, Darren Tristano, John Gordon, Kim Lopdrup, Red Lobster's, He's, Jonathan Tibus, Gordon, Tristano, You've, Emily Stewart Organizations: Bloomberg, Restaurant Business, Olive Garden, LongHorn, Darden, Golden Gate, American Realty, Lobster, Center for Economic, Policy Research, Thai Union, Seafood Alliance, Thai, Fortress Investment Group, Reuters, Business Locations: chow, Lakeland , Florida, San Francisco, Thai, Thailand, Thai Union, Golden, San Diego

☆ Bally Sports regional networks go dark for Comcast cable customers
▼ + stars: | 2024-05-01 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +4 min

Negotiations between Comcast and Bally Sports' operator Diamond Sports Group, which has been under bankruptcy protection since last year, broke down following a dispute over terms. Pay-TV distributors have been losing customers at a fast clip in recent years as customers opt for cheaper streaming options. Comcast had more than 13.6 million pay-TV customers as of March 31, after losing 487,000 subscribers during the first quarter. Some regional sports networks have begun offering streaming options to customers at a price point that doesn't upend the pay-TV model. In addition to Comcast, Diamond has held negotiations in recent weeks with Charter Communications — which provides pay-TV services under the Spectrum brand — DirecTV and Cox Communications.

Persons: Diamond, Cox Organizations: Bally, Houston Astros, Minnesota Twins, Target, The Astros, Twins, Comcast, Bally Sports, Diamond Sports Group, MLB, Detroit Tigers, NBA, NHL, Diamond, Comcast ., Communications, DirecTV, Cox Communications, Charter, Google, Disney, San Diego Padres, Phoenix Suns, CNBC Locations: Minneapolis , Minnesota, NBCUniversal

☆ The top 9 cities tech talent is moving to — and 9 places they're leaving
▼ + stars: | 2024-04-30 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +3 min

New York, Austin, and LA were the top cities tech talent moved to in 2023, according to a report. Several places attracting tech workers are "blue island" cities in red states. 1 place tech workers moved to in 2023 was New York City, according to a recent SignalFire report. AdvertisementThe top nine cities tech workers relocated to were:New York City, New YorkAustin, TexasLos Angeles, CaliforniaDenver, ColoradoSan Diego, CaliforniaMiami/Fort Lauderdale, FloridaDallas/Fort Worth, TexasNashville, TennesseeTampa/St. AdvertisementSeveral of the cities attracting tech workers also happen to be "blue island" cities located in red states, such as Austin, Nashville, Tampa, and Miami.

Persons: —, Austin Organizations: Boston, Service, Tech, San, Business, St . Petersburg , Florida New, Los, California Portland , Oregon Detroit , Michigan Provo , Utah San, Seattle, York Locations: York, Austin, LA, San Francisco, Seattle, Miami, New York City, San Francisco Bay, California, New York , Texas , California, Florida, New York City , New York Austin , Texas Los Angeles , California Denver , Colorado San Diego , California Miami, Fort Lauderdale , Florida Dallas, Fort Worth , Texas Nashville , Tennessee Tampa, St . Petersburg , Florida, St . Petersburg , Florida New York, Los Angeles, Francisco , California Seattle, Washington Boston , Massachusetts Phoenix , Arizona Washington, DC Sacramento, California Portland , Oregon Detroit , Michigan Provo , Utah, California Portland , Oregon Detroit , Michigan Provo , Utah San Francisco, New York, Boston, San Francisco and California, Texas, York City, Nashville, Tampa, Utah , Idaho, Arkansas

☆ Home prices soar even higher in February, despite higher mortgage rates, says S&P Case-Shiller
▼ + stars: | 2024-04-30 | by ( Diana Olick | In Dianaolick | ) www.cnbc.com time to read: +2 min

Strong demand and tight supply continue to push home values higher, even though mortgage rates are now moving higher again. "For the third consecutive month, all cities reported increases in annual prices, with four currently at all-time highs: San Diego, Los Angeles, Washington, D.C., and New York." The second decline followed the peak in average mortgage rates last October," he added. This index records prices on a three-month moving average, so they go back as far as December, when mortgage rates hit their recent lows. Since that time, however, mortgage rates have jumped nearly a full percentage point.

Persons: Brian Luke, Dow, Luke Organizations: Dow Jones, D.C, Federal Reserve Locations: U.S, Diego , Los Angeles , Washington, New York, San Diego, Chicago, Detroit, Portland , Oregon, Boston , New York, Washington

☆ Eli Lilly beats on quarterly profit, hikes full-year guidance on strong sales of Zepbound, Mounjaro
▼ + stars: | 2024-04-30 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +3 min

Eli Lilly logo is shown on one of the company's offices in San Diego, California, U.S., September 17, 2020. Eli Lilly on Tuesday reported first-quarter adjusted profit that topped Wall Street's expectations and hiked its full-year guidance on strong sales of its blockbuster diabetes drug Mounjaro and newly launched weight loss treatment Zepbound. Eli Lilly also expects revenue for the year to come in between $42.4 billion and $43.6 billion, an increase of $2 billion at either end of the range. Shares of Eli Lilly jumped almost 8% in premarket trading Tuesday. With a market cap of about $700 billion, Eli Lilly is the largest pharmaceutical company based in the U.S.

Persons: Eli Lilly, LSEG, They're Organizations: Analysts, LSEG Locations: San Diego , California, U.S

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