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A demonstrator holding a sign holds up a fist after students built a protest encampment in support of Palestinians at the University of Southern California's Alumni Park on April 24, in Los Angeles, California. David Swanson/ReutersTensions escalated once police entered the University of Southern California campus, according to Jonathan Park, an editor of the Daily Trojan, the college’s newspaper. “When we saw the LAPD coming in from Vermont Avenue and working with campus officers, encircling on them, it definitely changed the mood,” Park told CNN’s Anna Coren. The Los Angeles Police Department said 93 people were later arrested on suspicion of trespassing during Wednesday's demonstrations at USC. There are also wider calls to cut ties with Israeli academic institutions and to cut funding from entities connected to Israel.
Persons: David Swanson, Jonathan Park, , CNN’s Anna Coren, scuffles, , Nick Watts, Park Organizations: University of Southern California's, Reuters, University of Southern, Daily Trojan, CNN, Los Angeles Police Department, USC Locations: Los Angeles , California, University of Southern California, Vermont, Israel, Gaza, Palestinian, Palestine
A US defense official downplayed the threat of China's new Xi'an H-20 bomber. AdvertisementChina's new bomber, the Xi'an H-20, is intended to rival America's new stealth bomber, but a US defense official told reporters on Monday it's "not really" a concern. A B-2 Spirit takes off for Red Flag-Nellis 24-1 training at Nellis Air Force Base on Jan. 16. A former US Air Force commander said previously that it wasn't "anything to lose a lot of sleep over." The Pentagon unveiled a new stealth bomber in 2022 that is currently in production and will eventually replace B-1 and B-2 fleets.
Persons: , it's, William Lewis, It's, Wang Wei, David Swanson, Northrop Grumman Organizations: Service, Breaking Defense, Flag, Nellis, Nellis Air Force Base, US Air Force, Liberation Army Air Force, Hong, Hong Kong Commercial Daily, China Aviation Industry Corporation, Northrop, Air Force, United States Air, REUTERS, Pentagon Locations: Xi'an, Jan, China, Hong Kong, Palmdale , California, U.S
Tesla's awful 2024 is getting much worse
  + stars: | 2024-04-17 | by ( Dan Defrancesco | ) www.businessinsider.com   time to read: +7 min
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Tech: A "social walkie-talkie" app is the newest thing tech insiders are excited about . Tesla's awful 2024 got much worse this week when the company cut 10% of its workforce , and a major executive resigned after 18 years at the EV maker. AdvertisementSlaven Vlasic/Getty Images for The New York Times; Chelsea Jia Feng/BIIn the meantime, Tesla's stock keeps falling. Even worse, people who are in the market for EVs aren't necessarily interested in Teslas .
Persons: , NASA's Chandra, Tesla, we've, Elon Musk, Steve Granitz, Scott Olson, Jia Feng, Graham, Elon Musk's, robotaxis, Slaven, Chelsea Jia Feng, Tesla's, Musk, Andy Sieg, Merrill Lynch, Abanti Chowdhury, who's, Piper Sandler, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Service, Business, Tech, Adobe Stock, The New York Times, EVs, Teslas, Trump, SWANSON, Apple, Microsoft, BI, CNBC, Economy Summit Locations: Chelsea, China, Teslas ., States, New York, London
Courtesy Victoria ZangaraIn the past, acquiring or keeping homeowners’ insurance didn’t present much of a problem. There was roughly a 10% to 12% increase in homeowners’ insurance costs last year in the United States, said Mark Friedlander, spokesperson for the Insurance Information Institute, a nonprofit industry association. Jim Watson/AFP/Getty ImagesHomeowners who have a mortgage are not able to go without homeowners insurance as their mortgage servicer will require an escrow account for insurance. Some 6 million homeowners chose to forgo homeowners insurance, according to a report from the Consumer Federation of America. They have lived in their home for 19 years and had a policy with Foremost Insurance, paying about $1,910 a year.
Persons: Alfredo Herrera, Herrera, Zangara, , , ” Herrera, policyholders, Mark Friedlander, Neil Fernandes, Fernandes, David Swanson, Matthew Carletti, Jim Watson, Diana Troxell, Diana Wright Troxell, Bruce, ” CNN’s Ella Nilsen Organizations: New, New York CNN, Louisiana Citizens, , National Oceanic, Atmospheric Administration, Louisiana State University, Insurance Information Institute, Farmers Insurance, Farmers, AAA, CNN, Firefighters, Reuters, State, Citizens Property Insurance, JMP Securities, Getty, Homeowners, Consumer Federation of America, CFA, Social Security, Foremost Insurance, California FAIR, FAIR Locations: New York, New Orleans, City, Louisiana, New Orleans , Louisiana, America, United States, Santa Clarita , California, California, Florida, Sycamore, Whittier , California, AFP, Cottonwood , California,
Evelyn Hockstein | David Swanson | ReutersAmericans' views on the economy have improved modestly, according to the latest CNBC All-America Economic Survey, helping President Biden pull even with Donald Trump in a head-to-head matchup. But former President Trump holds a commanding lead on several economic issues, like inflation, taxes and immigration, that voters say are most important in this election. The survey of 1,001 Americans across the country showed 46% of voters choose Trump and 45% picking Biden in a one-on-one match with 10% undecided. Younger Democrats, in fact, are evenly split on the presidents handling of foreign policy. While those issues look to be dragging on the president's approval, he has received a boost from somewhat better overall views on the economy.
Persons: Joe Biden, Donald Trump, Evelyn Hockstein, David Swanson, Biden, Trump, Jay Campbell, Hart, Micah Roberts, it's, they've Organizations: Reuters, CNBC, America Economic Survey, Trump, Biden, Hart Research, Democratic, Republican
As well as celebrating the year in movies, the annual extravaganza has long been the red carpet event of the year. Kevin Mazur/Getty ImagesTeo Yoo. Alberto Rodriguez/Variety/Getty ImagesJamie Lee Curtis looked elegant in a flowing black gown by Dolce & Gabbana. Kevin Mazur/Getty ImagesLeah Lewis, star of Best Animated Feature “Elemental,” looked dreamy in a layered Lever Couture gown featuring a whimsical train. Marleen Moise/Getty ImagesTaylor Zakhar Perez popped on the red carpet with a blue Prada suit styled by leading celebrity stylist Jason Bolden.
Persons: Margot Robbie who’s, “ Barbie ”, Colman Domingo, America Ferrera, Billie Eilish, Zendaya, Danielle Brooks, Mike Coppola, Andrea Riseborough, Loewe, Alberto Rodriguez, Ferrera, Richard Shotwell, Steinfeld, Elie, Sarah Meyssonnier, Huy Quan, Giorgio Armani, Jordan Strauss, Kirsten Dunst, Jesse Plemons Jordan Strauss, Louis, David Yurman, Laverne Cox, David Swanson, Issa Rae, Mark Ronson, Grace Gummer, Kevin Mazur, Teo Yoo, Barbie, Simu Liu, Sean Lennon, Kemp Muhl, Gilbert Flores, Sandra Hüller, Cartier, Justine Triet Jordan Strauss, AP Gabrielle Union, Dwyane Wade Kevin Mazur, Ludwig Göransson Kevin Mazur, Masaki Takahashi, Takashi Yamazaki, Kiyoko, Christina, Eva Longoria’s, Tamara Ralph, Rita Moreno, Reuters D'Pharaoh Woon, Chasinghorse, Jamie Lee Curtis, Omar Rudberg, Sarah Morris, WireImage, Sean Wang, Chang Li Hua, Sam Davis, Yi Yan Fuei, Chang, Yi, Leah Lewis, Gregg DeGuire, Dominic Sessa, Tom Ford, Celine Song, Reuters Marlee Matlin, Oscar, dazzled, Raymond, Marleen Moise, Ramakrishnan, Zuhair Murad, Getty, Taylor Zakhar Perez, Jason Bolden, Erika Alexander Organizations: CNN, Dolby Theatre, Hollywood’s, America, Dolce, Gabbana, Elie Saab, Louis Vuitton, Getty, AMI Paris, Variety, AP, Los Angeles Times, Reuters Locations: AFP
Read previewHeavy rainfall created a temporary lake in Death Valley National Park, one of Earth's driest locations, prompting travelers to take a potentially once-in-a-lifetime swim. The unexpected phenomenon began earlier this week at Death Valley's Badwater Basin after recent rainstorms battered California. Tourists wading through Death Valley's temporary lake. Tourists paddle boarding and wading in Death Valley's temporary lake. Two tourists sit beside Death Valley's temporary lake.
Persons: , Ty ONeil, Andler, DAVID SWANSON, Heather, Bob Gang, Heather Gang, Guo Yu, hydrometeorology, Tiffany Pereira Organizations: Service, Lake Manly, National Park Services, Business, Associated Press, AP, Tourists, Research, Getty Locations: Death, California, Badwater, Lake, Lake Manley, Southern California
The B-21 Raider, the US Air Force's newest bomber, has already entered production. AdvertisementProduction of the B-21 Raider is underway, a top Pentagon official revealed this week, a little more than two months after the US Air Force's newest bomber completed its maiden flight. AdvertisementThe B-21 Raider is seen in an undated photograph released on Dec. 2, 2022. Northrop Grumman unveils the B-21 Raider during an event in Palmdale, California on Dec. 2, 2022. The B-21 "Raider," a long-range stealth bomber that can be armed with nuclear weapons, takes off during its first flight in California on Nov. 10, 2023.
Persons: , William LaPlante, LaPlante, David Swanson, Defense Lloyd Austin, Austin, Northrop Grumman Organizations: Raider, US Air Force's, Pentagon, Service, Business, Northrop Grumman, US Air Force, ., US, REUTERS, Defense Locations: Palmdale , California, California
We need to implement food systems approaches throughout COP28," said Joao Campari, global leader of food practice at the World Wildlife Fund. Doing so could also unlock financial investment in tackling food emissions, said Saswati Bora, global director for regenerative food systems at the Nature Conservancy. TACKLING METHANEA key goal for advocates is reducing methane emissions from food sectors like livestock production and food waste. Countries should also make stronger commitments in NDCs on food waste, said Liz Goodwin, director of food loss and waste at the World Resources Institute. Food waste generates half of all global food system emissions according to a March study published in the journal Nature Food.
Persons: David Swanson, Joao Campari, NDCs, Patty Fong, Saswati Bora, Bora, John Tauzel, Tauzel, Liz Goodwin, Goodwin, Leah Douglas, Josie Kao Organizations: REUTERS, United Nations, Food, Agriculture Organization, FAO, World Wildlife Fund, Conference of, United, United Arab Emirates, Global Alliance, Nature Conservancy, COP26, Environmental Defense Fund, World Resources Institute, Thomson Locations: Corcoran , California, U.S, Dubai, COP28, United Arab, United States, India, China, Canada, NDCs
REUTERS/David Swanson/File photo Acquire Licensing RightsNov 24 (Reuters) - Canceled offshore wind projects, imperiled solar factories, fading demand for electric vehicles. A year after passage of the largest climate change legislation in U.S. history, meant to touch off a boom in American clean energy development, economic realities are fraying President Joe Biden’s agenda. Clean energy experts interviewed by Reuters say the mounting setbacks will make the United States' ambitious targets to decarbonize by mid-century even harder to reach. Solar energy facilities account for two thirds of those delays due in part to U.S. import restrictions. "These are the normal ups and downs of clean energy development and deployment," Reicher said.
Persons: David Swanson, Joe Biden’s, Biden, John Hensley, Wood Mackenzie, , Ali Zaidi, Prakash Sharma, that's, Vic Abate, it's, Robert Walther, Walther, Dan Reicher, Reicher, Nichola Groom, Richard Valdmanis, Alistair Bell Organizations: REUTERS, Soaring, Ford, Reuters, American Clean Power Association, United Nations, White, Dominion Energy Inc, TEN, GE, Biden, Treasury Department, Trump, Stanford University, Thomson Locations: Palm Springs , California, U.S, Washington, Nations, Egypt, Dubai, United States, Paris, Virginia, Gulf of Mexico
Nikola CFO Anastasiya Pasterick to resign
  + stars: | 2023-11-20 | by ( ) www.reuters.com   time to read: +1 min
The logo of Nikola is seen on a truck, during the press day preview of the Los Angeles Auto Show in Los Angeles, California, U.S. November 16, 2023. Pasterick was appointed to the role in March this year after the exit of Kim Brady, who was credited with taking Nikola public through a merger with a blank-check firm in 2020. The company expects to wrap up its search for a new CFO soon and Pasterick will assist with a transition through Dec. 1, it said. Key financial leaders will report to CEO Stephen Girsky in the interim. The news comes just months after Nikola named its fourth CEO in four years, with Girsky immediately taking over from Michael Lohscheller.
Persons: Nikola, David Swanson, NKLA.O, Anastasiya Pasterick, Pasterick, Kim Brady, Stephen Girsky, Girsky, Michael Lohscheller, Seher, Devika Organizations: Los Angeles Auto, REUTERS, Ford, Thomson Locations: Los Angeles , California, U.S, Bengaluru
Sean "Diddy" Combs performs at the BET Awards 2022 at the Microsoft Theater in Los Angeles, California, U.S., June 26, 2022. REUTERS/David Swanson/File Photo Acquire Licensing RightsNov 17 (Reuters) - Hip-hop mogul Sean "Diddy" Combs and his ex-girlfriend R&B vocalist Cassandra Ventura on Friday settled her lawsuit that accused the rapper of serial physical abuse, sexual slavery and rape, according to lawyers for Ventura. In a joint written statement with Combs, Ventura said that she "decided to resolve this matter amicably on terms that I have some level of control." Ventura, who performs under the stage name Cassie, filed the lawsuit on Thursday in federal court. In it she accused Combs of forcing her to engage in sex acts with a succession of male prostitutes he hired while he watched and filmed the encounters for his own pleasure.
Persons: Sean, Diddy, Combs, David Swanson, Cassandra Ventura, Ventura, Cassie, Ben Brafman, Sean John, Brad Brooks, Kim Coghill Organizations: BET, Microsoft Theater, REUTERS, Ventura, Bad Boy Records, Thomson Locations: Los Angeles , California, U.S, Manhattan, Ventura, Longmont , Colorado
Nikola CFO to resign less than a year after joining
  + stars: | 2023-11-17 | by ( ) www.reuters.com   time to read: +1 min
The logo of Nikola is seen on a truck, during the press day preview of the Los Angeles Auto Show in Los Angeles, California, U.S. November 16, 2023. REUTERS/David Swanson Acquire Licensing RightsNov 17 (Reuters) - Electric-truck maker Nikola (NKLA.O) said on Friday Chief Financial Officer Anastasiya Pasterick would resign to "pursue other opportunities" less than a year after joining the loss-making company. Pasterick was appointed to the role in March this year after the exit of Kim Brady, who was credited with taking Nikola public through a merger with a blank-check firm in 2020. The company expects to wrap up its search for a new CFO soon and Pasterick will assist with a transition through Dec. 1, it said. The news comes just months after Nikola named its fourth CEO in four years, with Girsky immediately taking over from Michael Lohscheller.
Persons: Nikola, David Swanson, NKLA.O, Anastasiya Pasterick, Pasterick, Kim Brady, Stephen Girsky, Girsky, Michael Lohscheller, Seher, Devika Organizations: Los Angeles Auto, REUTERS, Ford, Thomson Locations: Los Angeles , California, U.S, Bengaluru
Atsushi Osaki, President and CEO at Subaru, speaks during the press day preview of the Los Angeles Auto Show in Los Angeles, California, U.S. November 16, 2023. REUTERS/David Swanson/File Photo Acquire Licensing RightsLOS ANGELES, Nov 16 (Reuters) - Subaru (7270.T) will raise the wages of its U.S. plant workers in light of recent labor deals reached by the Detroit Three automakers and United Auto Workers (UAW), the Japanese automaker's CEO, Atsushi Osaki, told Reuters on Thursday. Non-union automakers that have raised wages for their U.S. plant workers after the UAW deals include Japan's Toyota (7203.T) and Honda (7267.T), and South Korea's Hyundai (005380.KS). UAW President Shawn Fain has said "UAW" stands for "U are welcome" in response to the rising wages at the non-union plants. Reporting by Abhirup Roy in Los Angeles; Writing by Ben Klayman; Editing by Chris Reese, Andrea Ricci and William MallardOur Standards: The Thomson Reuters Trust Principles.
Persons: Atsushi Osaki, David Swanson, Osaki, Joe Biden, Shawn Fain, Abhirup Roy, Ben Klayman, Chris Reese, Andrea Ricci, William Mallard Organizations: Subaru, Los Angeles Auto, REUTERS, Detroit Three, United Auto Workers, UAW, Reuters, General Motors, Ford, Chrysler, Los, Detroit, Toyota, Honda, Hyundai, Thomson Locations: Los Angeles , California, U.S, Lafayette , Indiana, Los Angeles, South
However, the Air Force has kept other price information classified, "which makes validating the proposed cost difficult," the Congressional Research Service said in a 2021 report. The Air Force plans to buy at least 100 of the planes and begin to replace B-1 and B-2 bombers. Ann Stefanek, an Air Force spokesperson said, "The B-21 Raider is in flight testing. Flight testing is a critical step in the test campaign managed by the Air Force Test Center and 412th Test Wings B-21 Combined Test Force." In early 2022, the Air Force further delayed it until 2023.
Persons: David Swanson, Ann Stefanek, Lockheed Martin, Northrop, Mike Stone, Valerie Insinna, Franklin Paul Organizations: United States Air, Northrop, Air Force, REUTERS, U.S, Air Force's, Northrop Grumman, Congressional Research Service, Pentagon, Air Force Test Center, Force, Boeing, Lockheed, Pratt, Whitney, Collins Aerospace, GKN Aerospace, BAE Systems, Franklin Paul Our, Thomson Locations: Palmdale , California, U.S, Washington
A new video shows the first flight of the US Air Force's newest stealth bomber, the B-21 Raider. AdvertisementAdvertisementA new video appears to show the long-awaited first flight of the US Air Force's newest strategic bomber and the first new stealth bomber developed in decades, the B-21 Raider. She explained that this stage "is a critical step in the test campaign managed by the Air Force Test Center and 412th Test Wing's B-21 Combined Test Force." Pentagon leadership has said that the penetrating strike stealth bomber "will serve as the backbone of America's bomber force." AdvertisementAdvertisementThe "flying wing" B-21 Raider is the successor to the B-2 Spirit and is able to carry both conventional and nuclear payloads.
Persons: , Matt Hartman, David Swanson, Ann Stefanek, Northrop Grumman, Doug Young Organizations: US Air Force's, US Air Force, Service, US Air, Raider, Northrop Grumman Corp, Air Force's, Reuters, Northrop, Air Force, United States Air, REUTERS, Air Force Test Center, Force, Northrop Grumman Aeronautics Systems, Pentagon Locations: US, Palmdale , California, U.S
A firefighter continues to hold the line of the Dixie Fire near Taylorsville, California, U.S., August 10, 2021. REUTERS/David Swanson/File Photo Acquire Licensing RightsOct 10 (Reuters) - The California Public Utilities Commission (CPUC) on Monday proposed a $45 million shareholder-funded penalty against Pacific Gas and Electric Company (PG&E) for its connections to the destructive 2021 Dixie wildfire. The proposed penalty, pending CPUC Commissioner's approval, consists of a $2.5 million fine to the California General Fund, $2.5 million payment to tribes impacted by the fire for remediation, and $40 million for capital expenditures to transition records to electronic format. CPUC enforcement staff is recommending this penalty under an Administrative Consent Order (ACO) and Agreement, as per a release on the state regulator's website. Reporting by Anjana Anil and Swati Verma in Bengaluru; editing by Miral FahmyOur Standards: The Thomson Reuters Trust Principles.
Persons: David Swanson, Anjana Anil, Swati Verma, Miral Organizations: REUTERS, California Public Utilities Commission, Pacific Gas and Electric Company, California General Fund, Thomson Locations: Taylorsville , California, U.S, California, Bengaluru
Netflix plans to raise prices after actors' strike ends - WSJ
  + stars: | 2023-10-03 | by ( ) www.reuters.com   time to read: +1 min
REUTERS/David Swanson/File Photo Acquire Licensing RightsOct 3 (Reuters) - Netflix (NFLX.O) is planning to raise the price of its ad-free service after the ongoing Hollywood actors' strike ends, the Wall Street Journal reported on Tuesday, sending the streaming company's shares up more than 3%. Netflix is discussing raising prices in several markets globally, but will likely begin with the United States and Canada, the WSJ reported, citing people familiar with the matter. It was not immediately clear how much Netflix will raise prices by or when exactly the new prices will take effect, according to the report. The writers' union struck a tentative deal with the AMPTP last week after five months of failed negotiations. Netflix cut prices of its subscription plans in some countries in February.
Persons: David Swanson, Yuvraj Malik, Anil D'Silva Organizations: Netflix, Writers Guild of America, REUTERS, Wall Street, WSJ, SAG, Alliance, Television Producers, Thomson Locations: Los Angeles , California, U.S, United States, Canada, Bengaluru
It was an increasingly familiar position for Newsom, who has emerged as perhaps the Biden re-election campaign's most visible representative. Newsom is near the top of a list that includes Vice President Kamala Harris, Michigan Governor Gretchen Whitmer and Pennsylvania Governor Josh Shapiro, among others. Senator Dianne Feinstein's death meant Newsom will have the job of naming a replacement to help protect Democrats' slim Senate majority. "It benefits Biden, and it benefits Newsom." Jane Kim, the California director of the liberal Working Families Party, said Newsom deserves credit for many of his achievements.
Persons: Gavin Newsom, Ronald Reagan, David Swanson, Wednesday's, Joe Biden, Newsom, Biden, Kamala Harris, Gretchen Whitmer, Josh Shapiro, Dianne Feinstein's, Harris, Steven Maviglio, Ron DeSantis, Sean Hannity, Jane Kim, We've, Representative Barbara Lee, Eric Schickler, Schickler, Joseph Ax, James Oliphant, Tim Reid, Jarrett Renshaw, Colleen Jenkins, Cynthia Osterman Organizations: Republican, Ronald Reagan Presidential, REUTERS, Democratic, Fox News, Democracy, California's Democratic, Families Party, U.S, Representative, University of California, Thomson Locations: Simi Valley , California, U.S, California, Michigan, Florida, Alabama, Arkansas, Long Beach , California, Berkeley
DeSantis signed a six-week abortion ban in Florida this spring and has positioned himself as a strong opponent of abortion rights, which has turned off some major donors. But he had generally dodged questions about whether he would support a federal ban, and if so, after how many weeks of gestation. In recent weeks, DeSantis, whose campaign is aggressively courting religious conservatives, has doubled down on his opposition to abortion rights in interviews and digital ads. Scott and former Vice President Mike Pence have pledged to sign an abortion ban of 15 weeks or less should they be elected. Former Ambassador to the UN Nikki Haley has said she would sign a federal abortion ban as well, but has stressed that Congress is unlikely to pass such a measure.
Persons: Sean Hannity, Ron DeSantis, Ronald Reagan, David Swanson, DeSantis, Tim Scott, Donald Trump, Scott, Mike Pence, Nikki Haley, Trump, Gram Slattery, Timothy Gardner Organizations: Fox News Channel, Republican, Ronald Reagan Presidential, REUTERS, Rights, Daily, The Heritage Foundation, Reuters, Thomson Locations: Florida, Simi Valley , California, U.S, California, South Carolina
The Writers Guild of America (WGA), which represents roughly 11,500 film and television writers, reached a preliminary three-year deal with major studios on Sunday. While actors remain on strike, late-night and daytime talk shows may resume production once their writers receive the Guild's greenlight to return to work in the coming days or weeks. Film and television producer Todd Garner said he expects that once actors reach a deal, scores of productions will race to restart at once. Major television shows and movies are contractually in first position with actors, Garner said. Its shares have dropped nearly 14% since the writers' strike started on May 2, while Paramount, Disney and Netflix have lost between 20% and 45%.
Persons: David Swanson, Drew Barrymore, Barrymore, Jimmy Fallon, Todd Garner, Garner, " Garner, Walt Disney, Susannah Streeter, Hargreaves Lansdown, Rosenblatt, Barton Crockett, Lisa Richwine, Dawn Chmielewski, Yuvraj Malik, Zaheer Kachwala, Arun Koyyur, Sandra Maler Organizations: Netflix, Writers Guild of America, REUTERS, Hollywood, Guild of America, SAG, Long, Warner Bros Discovery, Comcast, Hargreaves, Paramount, Disney, Thomson Locations: Los Angeles , California, U.S, California, Los Angeles, Bengaluru
Riverside Animal Control looks for stray dogs as as the Fairview Fire smoulders near Hemet, California, U.S., September 9, 2022. After disastrous years in 2020 and 2021, wildfire damage this season has been largely limited to the sparsely populated northwest corner of the state. The five-year average over the same interval is 6,142 fires and 1.2 million acres burned. "We're really only a prolonged heatwave followed by a windstorm away from having major fires," Chavez said. UCLA meteorologist Daniel Swain said climate change is going to result in more extreme dry years periodically interspersed with more extreme wet years.
Persons: David Swanson, California's, Tim Chavez, Nick Schuler, Michele Steinberg, Chavez, Daniel Swain, we'll, Swain, Daniel Trotta, Shri Navaratnam Organizations: Riverside, REUTERS, of Water Resources, Labor, California Department of Forestry, Fire Protection, Cal Fire, National Fire Prevention, UCLA, YouTube, Thomson Locations: Fairview, Hemet , California, U.S, California, Western Canada, United States, Hawaii, Lahaina, Southern California
Incidents of retail theft appear to be rising, but some companies are managing to avoid the trend. Although Lowe's has reported an increase in inventory shrink, it's not expected to hurt profits. CEO Marvin Ellison attributed low theft rates to investing in the company's workers. But unlike dozens of other retail executives, Lowe's CEO Marvin Ellison says the losses from retail theft this year are not expected to have a material impact on the company's profits. Lowe's CEO Marvin Ellison says the home improvement chain's low inventory shrink rate is "not by accident."
Persons: Lowe's, Marvin Ellison, Ellison, David Swanson, they've Organizations: Service, CNBC, Tractor Supply Locations: Wall, Silicon
Cathie Wood's ARK Invest files for first US spot-ether ETF
  + stars: | 2023-09-06 | by ( ) www.reuters.com   time to read: +1 min
Cathie Wood, Founder, CEO, and CIO of ARK Invest, speaks at the 2022 Milken Institute Global Conference in Beverly Hills, California, U.S., May 2, 2022. REUTERS/David Swanson Acquire Licensing RightsSept 6 (Reuters) - Cathie Wood's Ark Invest and crypto investment firm 21Shares are seeking regulatory approval to set up an exchange-traded fund (ETF) that would directly hold ether, according to a filing with the U.S. Securities and Exchange Commission (SEC) on Wednesday. The case has been closely watched by the cryptocurrency and asset management industries, which have been trying for years to convince the SEC to approve a spot bitcoin ETF. Cboe Global Markets earlier this year filed a proposal with the U.S. SEC to list and trade shares of a spot bitcoin ETF by Ark Invest and 21Shares on the Cboe BZX exchange. The regulator has in recent years rejected dozens of applications for spot bitcoin ETFs, citing inadequate levels of trading surveillance that could leave the underlying spot market subject to fraud and manipulation.
Persons: Cathie Wood, David Swanson, 21Shares, Jaiveer Singh, Devika Organizations: ARK Invest, Milken, Global Conference, REUTERS, U.S . Securities, Exchange Commission, SEC, U.S, U.S . District of Columbia, Cboe, Ark Invest, Thomson Locations: Beverly Hills , California, U.S, U.S ., Bengaluru
CNN —Hilary has weakened to a post-tropical cyclone that’s still bringing life-threatening flooding and gusty winds to much of the Southwest US, leaving streets like raging rivers and residents ordered to leave their homes. “Areas that normally do not experience flash flooding will flood,” the National Weather Service said. Strong and gusty winds are expected to persist across portions of the western US Monday, particularly in and near areas of higher terrain. Cars were stuck in floodwaters in the Spanish Hills area, the National Weather Service reported. The Los Angeles Unified School District – the nation’s second largest school district – will be closed Monday because of the storm.
Persons: Hilary, Monday, ” Flood, Todd Gloria, , , San Bernardino County’s Yucaipa, “ Crews, Gustavo Araiza, David Swanson, Mike McClintock, ” McClintock, “ We’re Organizations: CNN, Southwest, Southern California, National Hurricane Center, Intermountain, National Weather Service, ” San Diego, United States Geological Survey, Golden State, Residents, Sunday, San Diego Fire, Los Angeles Unified School District, Pasadena Unified School District, San Diego Unified School District, Palm Springs, Palm, Getty, Caltrans, San Bernardino Fire Battalion Locations: Nevada, San Diego, California, arroyo, Southern California, Idaho, , Palm Springs, Los Angeles, Ventura, Spanish, Mexico –, Imperial County, San Bernardino County, Barstow, Serrano, San Bernardino, Forest Falls, Oak Glen, Santa Clara, Pasadena, Long Beach, Palmdale, Death, AFP, Santa Clarita, Sand, Baker, Inyo County
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