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☆ U.S. energy panel approves rule to expand transmission of renewable power
▼ + stars: | 2024-05-14 | by ( ) www.cnbc.com time to read: +6 min

Republican Mark Christie opposed the rule, dismissing it as a gift to solar and wind power operators. Many power companies and Republican-led states don't want to spend money on new transmission lines or upgrades for renewable energy, creating conflicts with Democratic states that have ambitious clean-energy goals. The rule is intended to streamline how power lines are sited and how costs are shared between states. It could accelerate construction of new transmission lines for wind, solar and other renewable power and add huge amounts of clean energy to the grid. The new rule "will improve regional transmission planning, break down barriers to grid buildout and support the delivery of more affordable and reliable power,″ Zaidi said.

Persons: Joe Biden's, Willie Phillips, Allison Clements, Republican Mark Christie, Phillips, Christie, ″, Biden, Ali Zaidi, ″ Zaidi, Clements, Heather O'Neill, Chuck Schumer, Schumer Organizations: Federal Energy Regulatory Commission, Democratic, Republican, Energy Department, FERC, Advanced Energy Locations: Washington, U.S

☆ Israel and Hamas Face Growing Pressure for a Cease-Fire Deal
▼ + stars: | 2024-05-04 | by ( Aaron Boxerman | ) www.nytimes.com time to read: +4 min

Husam Badran, a senior Hamas official, said in a text message that the group’s representatives were arriving in Cairo “with great positivity” toward the proposed deal. “If there is no agreement, it will be because of Netanyahu alone,” he said, referring to Benjamin Netanyahu, the Israeli prime minister. Mr. Sinwar is one of the presumed architects of Hamas’s Oct. 7 attack on Israel, which left 1,200 dead and roughly 250 taken hostage, according to Israeli officials. In Israel, Mr. Netanyahu faces substantial opposition within his own governing coalition to the proposed framework. Agreeing to the deal would be “humiliating surrender,” Bezalel Smotrich, the country’s finance minister, wrote on Facebook late last month.

Persons: Haitham Imad, United States —, Antony J, Blinken, ”, ” Mr, William J, Burns, Husam, Netanyahu, Benjamin Netanyahu, Yahya Sinwar, Sinwar, ” Bezalel Smotrich, Biden, “ Organizations: United, McCain Institute, Central Intelligence Agency, Qatari, Hamas, Hamas’s, Facebook, Biden Locations: Rafah, Gaza, Shutterstock, Cairo, Palestinian, Israel, Qatar, Egypt, United States, Arizona, Cairo “, Washington

☆ 12 portfolio companies report earnings in the week ahead. What we want to hear from each
▼ + stars: | 2024-04-27 | by ( Zev Fima | ) www.cnbc.com time to read: +15 min

The action quickly and sharply reversed back to the upside Friday after blowout earnings reports from Alphabet and Microsoft . In the week ahead, earnings are likely to drive the action again, though we'll get a few important macroeconomic reports. Earnings: We've got the biggest week of the earnings season ahead of us, with 12 Club holdings set to report. Eli Lilly 's report Tuesday morning continues to be all about sales of type-2 diabetes treatment Mounjaro and weight-loss drug Zepbound. In DuPont 's report Wednesday morning, we're looking for a continued rebound in its semiconductor business following a sequential increase last quarter.

Persons: Ford, we'll, Dow Jones, We've, Buckle, Eaton, Eli Lilly, Lilly, We're, Estee Lauder, Fabrizio Freda, we've, Linde, Bausch, Royal Philips, Woodward, SIRI, Archer, Johnson, Stanley Black, Decker, BAX, Cardinal Health, Parker, Belden, Jim Cramer's, Jim Cramer, Jim Organizations: Nasdaq, Microsoft, Meta, Google Search, Big Tech, Nvidia, Broadcom, Ford Motor, Honeywell, Danaher, Labor Department, Labor, PMI, Services PMI, GE Healthcare, Amazon Web Services, Starbucks, Deutsche Bank, DuPont, Bausch Health, U.S ., Appeals, Apple, iPhones, Vision, ON Semiconductor, Resource Partners, Franklin Resources, Paramount, Transocean Ltd, Semiconductors, Arch Capital, Logitech International, Lattice Semiconductor, F5 Networks, Sanmina Corporation, GE HealthCare, PayPal, 3M Company, McDonalds, Enterprise Products Partners, Cola Company, Melco Resorts, Entertainment, SiriusXM Holdings, Oatly, American Electric Power Company, Leidos Holdings, Marathon Petroleum, Daniels, Midland Co, Equitrans Midstream Corporation, HSBC Holdings, HSBC, Devices, Caesars Entertainment, Lumen Technologies, Mondelez, Pfizer, CVS Health, Barrick, Mastercard Inc, Cruise Line Holdings Ltd, Kraft Heinz Company, Marriott International, Ares, Generac Holdings, Johnson Controls, Cenovus Energy Inc, Qualcomm, Devon Energy, Paycom, Axcelis Technologies, Coeur D'Alene Mines, Sunnova Energy International, MGM Resorts International, MGM, Solar Inc, Oil, Allstate, Co, Tenable Holdings, Enovix Corporation, Gladstone Capital, Avis Budget Group, eBay, EBAY, LIN, Novo Nordisk, Natural Resources, PENN Entertainment, Apache, ConocoPhillips, InMode Ltd, Baxter International, Cardinal, Regeneron Pharmaceuticals, Apollo Global Management, LLC, Cinemark Inc, Dominion Energy, Coterra Energy, Coinbase, Bill.com Holdings, Booking Holdings, United States Steel, AXT Inc, Materials, Energy, Hershey Company, XPO Logistics, Cboe, American Pipeline, Amneal Pharmaceuticals, Brookfield Business Partners, Brookfield Renewable Corporation, Magna International, Jim Cramer's Charitable, CNBC, Traders, New York Stock Exchange, Bloomberg, Getty Locations: U.S, megaprojects, China, Eaton, Corning, Coeur D'Alene, Albemarle, ALB, Novo, New York

☆ Russia may ramp up attacks on Ukraine to capitalize on the limited window they have before new US aid arrives: ISW
▼ + stars: | 2024-04-22 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +1 min

Ukraine may face more attacks from Russia even though US aid is on its way, says the ISW. The ISW says Russia can "take advantage of the limited window before the arrival of new US aid." The House finally passed more than $60 billion of aid to Ukraine after months of delays. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . "The frontline situation will therefore likely continue to deteriorate in that time, particularly if Russian forces increase their attacks to take advantage of the limited window before the arrival of new US aid," the ISW wrote in a report on Saturday.

Persons: — Organizations: Service, for, Business Locations: Ukraine, Russia

If you live in one of America’s cities, you probably see homeless people all the time. That’s what Mark Horvath discovered firsthand in 1995, when he lost his job and wound up homeless for eight years. On April 22, the Supreme Court is set to hear the case of Johnson v. Grants Pass, the most significant case in decades about homeless people’s rights. The case will determine whether cities can arrest or fine the homeless — even if there’s no other shelter. As the homeless plaintiffs wrote, this would be “punishing the city’s involuntarily homeless residents for their existence.”

Persons: Mark Horvath, Johnson, ” Organizations: YouTube

☆ Plan to Stash Pollution Beneath the Sea Could Save Money and Jobs
▼ + stars: | 2024-04-04 | by ( Stanley Reed | ) www.nytimes.com time to read: +1 min

The manufacturing plants are of little interest to the many tourists who help sustain the area’s economy, but these sites employ tens of thousands of people. The factories, like others in Europe, face increasing pressure from regulators to reduce the climate-altering gases that their operations produce. “We are very scared about the future of our industries,” said Michele De Pascale, the mayor of Ravenna. “We have to reach this goal to reduce CO2 emissions, but we want to do it without destroying our industries,” he said. Italy’s energy giant, Eni, which has a large presence in Ravenna, is pushing a plan that the mayor says could help preserve the region’s heavy industries: create an industrial pollution collector.

Persons: Dante, ”, Michele De Pascale Organizations: Eni Locations: Ravenna, Europe, “

Post's price target increase is in line with his move on the GAAP price-to-earnings multiple to 22 from 21. — Alex Harring 6:39 a.m.: Melius moves to sidelines on Boeing Boeing has too many areas of concern, Melius Research warned. Analyst Robert Spingarn downgraded the plane maker to hold from buy and slashed his price target by $71 to $209. Analyst Filippo Falorni upgraded the cosmetics stock to buy from neutral and hiked his price target by $15 to $175. Analyst Brennan Hawken downgraded the investment asset manager to neutral from buy and cut his price target by $5 to $135.

Persons: Grinder, Justin Post, Meta, — Alex Harring, Eli Lilly, Andrew Baum, Baum, Novo, Robert Spingarn, Spingarn, LSEG, Alex Harring, Filippo Falorni, Falorni, Estee Lauder, Lauder, Tom Ford, Le, Blackstone, Brennan Hawken, Hawken, JMP, Nicholas Jones, Jones, Grindr, Christopher Dendrinos, Dendrinos, — Fred Imbert Organizations: CNBC, RBC, GE, of America, Citi, Indianapolis, Boeing Boeing, Melius, Boeing, Dow Jones, Coca, Cola, Beverage, Travel, UBS, GE Vernova, New York Stock Exchange Locations: Monday's, Asia Pacific, Asia

☆ House Speaker Mike Johnson remains undecided on best path ahead on Ukraine aid
▼ + stars: | 2024-04-02 | by ( Lauren Fox | ) edition.cnn.com time to read: +7 min

CNN —House Speaker Mike Johnson is pledging to act on Ukraine aid when lawmakers return to Washington next week, but behind the scenes the Louisiana Republican is still undecided on the best path forward and keenly aware of his narrow majority and the threat to his speakership that looms. “He’s got a gun to his head right now,” Rep. Don Bacon, a swing-district Republican, said of the speaker. Greene and Johnson are expected to talk later this week, but the Georgia Republican has remained steadfast in her opposition to Ukraine aid. Given fierce conservative opposition and a narrow margin, it’s possible Johnson could need to bring any Ukraine aid bill to the floor under a suspension of the rules. In recent days, Johnson has also floated the idea of easing natural gas exports, but it’s not clear that would do much to assuage conservative backlash against Ukraine aid.

Persons: Mike Johnson, Johnson, “ He’s, ” Rep, Don Bacon, Churchill, ” Johnson, Mitch McConnell, –, Mike McCaul, “, Mike, Chip Roy, Matt Gaetz, I’ve, he’s, they’d, Marjorie Taylor Greene, Greene, ” Greene, ”, Brian Fitzpatrick, Fitzpatrick, It’s, John Kirby, CNN’s Haley Talbot, Manu Raju Organizations: CNN —, Louisiana Republican, ”, Republican, GOP, Republican Rep, Fox News, CNN, Georgia Republican, Democratic, House, White, National Security Communications Locations: Ukraine, Washington, Louisiana, Russia, Israel, Taiwan, Texas, Pennsylvania, Gaza

☆ Logistics companies scramble after bridge collapse closes Port of Baltimore until further notice
▼ + stars: | 2024-03-26 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +8 min

The steel frame of the Francis Scott Key Bridge sits on top of the container ship Dali after the bridge collapsed, Baltimore, Maryland, on March 26, 2024. At the time of the collision, the vessel had two pilots from the Port of Baltimore on board. The steel frame of the Francis Scott Key Bridge lies in the water after it collapsed in Baltimore, Maryland, on March 26, 2024. "For cargo already on water, we will omit the port, and will discharge cargo set for Baltimore, in nearby ports. "The collapse of the Baltimore bridge primarily affects coal exports from CNX and CSX terminals," said Madeleine Overgaard, dry market data manager for the global trade data platform Kpler.

Persons: Francis Scott Key, Dali, Roberto Schmidt, Paul Brashier, Brashier, Goetz Alebrand, Wes Moore, Larry, Richard Meade, Meade, Kena Betancur, Andy Lipow, Lipow, Helen Delich Bentley, Judah Levine, Madeleine Overgaard, Levine, Tasos Katopodis Organizations: Afp, Getty Images Logistics, Port, Eastern Seaboard, ITS Logistics, Getty, Americas, DHL Global, Maryland Gov, Baltimore, AFP, Uber Freight, IKEA, Lipow Oil Associates, Maersk, Freightos, CSX, East, Francis Scott Key Bridge Locations: Baltimore , Maryland, Baltimore, New York, New Jersey, Norfolk, Port of Baltimore, Colombo, Sri Lanka, Port, American, Taicang Port, Suzhou, China's, Jiangsu, East Coast, Norfolk , Virginia, Maryland, Midwest, New England, Virginia, North East , Maryland, Gulf Coast, Philadelphia, Suez, CNX, Freightos, Asia, U.S

☆ Ohio GOP Senate nominee Bernie Moreno benefited from the kind of diversity initiative that Republicans hate
▼ + stars: | 2024-03-26 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +6 min

Read previewBernie Moreno, the GOP nominee for US Senate in Ohio, has long staked his political identity on the car dealership empire he once oversaw. Related storiesBut Moreno benefited from Mercedes-Benz's push for diversity in more ways than one. "They wanted a minority operator there," Moreno said during the 2014 hearing, according to a transcript obtained by Business Insider. Despite Moreno acknowledging that he benefited from Mercedes-Benz considering diversity when deciding who could buy the dealership, he maintains that he is opposed to affirmative action programs. Moreno is set to face incumbent Democratic Sen. Sherrod Brown of Ohio in a race that could determine which party controls the Senate.

Persons: —, Bernie Moreno, Moreno, Roger Penske, Mercedes, Reagan McCarthy, Bernie, McCarthy, Democratic Sen, Sherrod Brown of, Brown, Donald Trump Organizations: Service, GOP, US, Business, Republicans, Penske Corporation, Benz, Penske, YWCA Greater, Mercedes, Penske Automotive Group, Democratic Locations: Ohio, Colombia, United States, Boston, North Olmsted , Ohio, Arizona —, YWCA Greater Cleveland, Florida, Chandler , Arizona, Sherrod Brown of Ohio, Massachusetts

☆ Homeowners spent $600,000 on a sand dune to protect their homes from coastal erosion. It collapsed after just 3 days.
▼ + stars: | 2024-03-18 | by ( Ellyn Lapointe | ) www.businessinsider.com time to read: +9 min

Salisbury Beach residents pooled funds for a sand dune to protect their homes from coastal erosion. But "king" high tides washed away half of the human-made dune after only three days. The project, organized by the community nonprofit Salisbury Beach Citizens for Change, built a human-made sand dune along the beach to block floodwaters from reaching homeowners' properties. This video posted on the SBCFC facebook page shows the final stages of construction for the Salisbury Beach human-made dune. Seeding sand dunes with grass anchors sand in place, fortifying dunes against erosion from waves and wind, according to UMass Amherst.

Persons: Mary away, Tom Saab, SBCFC, Jens Figlus, They're, Figlus, DCR, Healey, Driscoll, Gary Miles, Ken Wiedemann, — you've Organizations: Service, Salisbury Beach Citizens, Salisbury, SBCFC, Business, Saab, Homeowners, State, Texas, M University, Massachusetts Department of Conservation, Driscoll Administration, Salisbury Beach, Coast, UMass Amherst Locations: Salisbury Beach, Salisbury Beach , Massachusetts, Salisbury, The Massachusetts, State, Massachusetts, Sandwich

☆ Middle managers are feeling the squeeze and losing confidence in their employers amid layoffs, cost-cutting, and RTO mandates, Glassdoor finds
▼ + stars: | 2024-03-05 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +1 min

Middle managers are less confident about their companies' business outlook than other employees. They're under pressure to execute layoffs, RTO mandates, and stringent performance reviews. "Middle managers are under pressure to do more with less," Glassdoor's lead economist Daniel Zhao said. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . This story is available exclusively to Business Insider subscribers.

Persons: Daniel Zhao, —, Glassdoor Organizations: Service, Business

☆ Boeing reportedly in talks to buy Spirit Aerosystems
▼ + stars: | 2024-03-01 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBoeing reportedly in talks to buy Spirit AerosystemsJim Lebenthal, Chief Equity Strategist at Cerity Partners, joins CNBC's "Halftime Report" to discuss the potential deal between the two airlines as the companies face increasing pressure from regulators to improve quality issues.

Persons: Jim Lebenthal Organizations: Boeing, Cerity Partners

Stuck in dating app loop with no date in sight? A lawsuit filed Wednesday against Match Group claims that is by design. Tinder, Hinge and other Match dating apps are filled with addictive features that encourage “compulsive” use, the proposed class-action lawsuit claims. This, the suit claims, turns users into “addicts” who purchase ever-more-expensive subscriptions to access special features that promise romance and matches. It was filed by six dating app users and seeks class action status.

Persons: —, ”, “ Organizations: Match Group, Northern District of, Dallas, Facebook Locations: Northern District, Northern District of California

☆ China vows to help its EV champions succeed overseas despite threats of sanctions
▼ + stars: | 2024-02-07 | by ( Laura He | ) edition.cnn.com time to read: +3 min

On Wednesday, China’s Commerce Ministry posted a document signed late last year by nine government agencies, including the Foreign Ministry and the central bank, vowing to support Chinese EV makers with their globalization push. It also encouraged Chinese EV companies to cooperate with foreign manufacturers in technology and build supply chains that can benefit everyone. Chinese EV makers are taking the world by storm, even if they are largely locked out of key markets like the United States. Chinese EV makers are seeking alternative growth engines overseas because the picture is gloomy at home. The flood of cheaper Chinese vehicles has triggered trade tensions with some countries.

Persons: “, Biden Organizations: Hong Kong CNN, China’s Commerce, Foreign Ministry, Chinese EV, Getty, EV, China Association of Auto Manufacturers, European Commission, Wall Street Locations: China, Hong Kong, Europe, United States, Chinese, China's Shandong, Australia, Southeast Asia, Japan, Shenzhen, Hungary

Senate Republicans blocked a major bipartisan border deal and foreign aid package with assistance for Ukraine and Israel in a key vote on Wednesday amid a torrent of attacks on the bill by former President Donald Trump and top House Republicans. Senate Majority Leader Chuck Schumer plans to force a procedural vote on an emergency aid package for Israel, Ukraine and Taiwan — and drop the border deal. Bob Menendez of New Jersey and Alex Padilla of California have both forcefully attacked the border deal. Schumer has harshly criticized Senate Republicans for opposing the package, accusing them of following Trump’s marching orders. “And instead of standing up to Donald Trump, Senate Republicans are ready to kill our best chance at fixing the border.”“They want amendments?

Persons: Donald Trump, – James Lankford of, Chuck Schumer, Mitch McConnell, Schumer, Mike Johnson, McConnell, Johnson, – Lankford, Sen, Kyrsten, Democratic Sen, Chris Murphy, Sinema, Lankford, Democratic Sens, Bob Menendez, Alex Padilla, Menendez, ” Padilla, “, ” Schumer, ” McConnell, CNN’s Kristin Wilson Organizations: House Republicans, Republicans, White, Republican, Senate GOP, Trump, Democratic, Israel, West Bank, Bob Menendez of New, Senate Republicans, CNN Locations: Ukraine, Israel, – James Lankford of Oklahoma, Trump, Taiwan, Arizona, Connecticut, Russia, Gaza, Bob Menendez of, Bob Menendez of New Jersey, California, America

Here are some tips on staying safe, communicating and setting limits on social media — for kids as well as their parents. “There is not necessarily a magical age,” said Christine Elgersma, a social media expert at the nonprofit Common Sense Media. Some tech executives, celebrities such as Jennifer Garner and parents from all walks of life have resorted to banning their kids from social media altogether. Watch a documentary like “The Social Dilemma” that explores algorithms, dark patterns and dopamine feedback cycles of social media. Social media platforms that cater to children have added an ever-growing array of parental controls as they face increasing scrutiny over child safety.

Persons: it’s, —, ’, ”, Christine Elgersma, Elgersma, Jennifer Garner, Jean Rogers, “ That’s, ” Rogers, Rogers, “, Meta, Instagram, Vivek Murthy Organizations: Republican, Democratic, IF, LAW, Companies, “, Facebook, U.S

☆ It pays to be MAGA: Kari Lake raked in $175,000 from speeches and book royalties in the year since losing the Arizona governor's race
▼ + stars: | 2024-01-31 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +3 min

According to financial disclosure documents that Lake filed as part of her US Senate bid on Tuesday, the former TV anchor made at least $175,000 from paid speeches and book royalties. The other $75,000 came from speeches Lake gave to conservative groups in Texas, California, New York, and Idaho, sometimes netting $15,000 for one appearance. In a statement, a Lake spokesperson accused the media of having "Kari Lake derangement syndrome." Advertisement Lake did file a financial disclosure when she ran for governor, disclosing her position as a communications advisor for DeWit's firm. Lawmakers on both the left and the right have, in some cases, managed to make more than their salaries via book sales.

Persons: Kari Lake, Donald Trump, hasn't, Lake, Ruben Gallego, Sen, Kyrsten Sinema, Kari Lake derangement, Jeff DeWit, DeWit, Kari, Democratic Sens, Raphael Warnock, Elizabeth Warren, Ted Cruz, Tom Cotton Organizations: Business, Winning Team Publishing, Trump, Democratic, Superfeed Technologies, Arizona GOP, Lake, Governor Locations: Arizona, Texas , California , New York, Idaho, Sens

☆ Russia boasts it is beating sanctions, but its longer-term prospects are bleak
▼ + stars: | 2024-01-29 | by ( Tim Lister | ) edition.cnn.com time to read: +14 min

Far from buckling under their weight, the Russian economy is in fact 1% larger than it was on the eve of the invasion. India and China now account for 90% of Russian oil exports, according to Deputy Prime Minister Alexander Novak. Noemi Cassanelli/CNNThere’s little sign that ordinary Russians have been drastically impacted by Western sanctions. Sanctions will have a long-term impact on the Russian economy, according to the European Commission. Nabiullina said the Russian economy was like a car trying to go too fast.

Persons: Vladimir Putin, Putin, Sergei Chemezov, ” Chemezov, Scott Peterson, Alexander Novak, Christine Abely, “, ”, SWIFT, Alexei Mordashov, Noemi Cassanelli, Geoffrey Pyatt, Rachel Lyngaas, —, Alexander Nemenov, Elvira Nabiullina, Nabiullina, Natalia Kolesnikova, ” Abely Organizations: CNN, Atlantic Council, Russia, West ., Shipping, Windward, Reuters, US Treasury Department, United Arab Emirates, Crime Agency, US Treasury, “, Bank of, European, US, Financial Times, Russian Central Bank, Getty, Producers, International Energy Agency Locations: United States, Ukraine, Russian, Russia, Western, Sviatohirsk, Donetsk region, Asia, West, West . India, China, India, Volgograd, Turkey, UAE, Bank of Finland, Hong Kong, Europe, Egypt, Thailand, Moscow, Kazakhstan, Soviet Russia, AFP, Beijing

☆ Lion attacks: How to stay safe on safaris in Africa
▼ + stars: | 2024-01-25 | by ( Forrest Brown | ) edition.cnn.com time to read: +17 min

It was July of 2022, and the co-founder of Discover Africa Safaris was out in the bush near the Khwai River in northern Botswana. African lions are fully capable of attacking, killing and even eating humans, and it’s generally estimated about 250 people a year die in lion attacks. WLDavies/E+/Getty ImagesOnly about 23,000 lions remain in sub-Saharan Africa, found mostly in Eastern and Southern Africa, Muruthi said. Before your trip, It's important to study up on safety tips -- such as remaining inside your safari vehicle when lions and other wild animals approach. Secondly, fleeing indicates to the lion you’re frightened and now possible prey, turning what might have initially been a mock charge to test you into a real attack.

Persons: Steve Conradie, Discover Africa Safaris, — “, ‘, ” Conradie, “, ”, ’ Steven Conradie, …, Conradie, Philip Muruthi, He’s, Muruthi, Masai, ’, ” Muruthi, Paul A, Andre Van Kets, Van Kets, Martin Harvey, It’s, you’re, don’t, they'll, Robert Muckley, There’s, Anup Shah, ” Van Kets, I’d, — Organizations: CNN, Discover, Lion Recovery, African Wildlife Foundation, Masai Mara, Reserve, East, ” Lions, International Union for, Nature, Sacramento Zoo, PLOS, Africa Tourists, Bank, Kenya Geographic, San Diego Zoo Wildlife Alliance, Lions, … Locations: Discover Africa, Botswana, South Africa, Africa, Zimbabwe, Hwange, Kenya, Saharan Africa, Eastern, Southern Africa, Tanzania, East Africa, California, Namibia

☆ Where Can Gen Z Buy a Home?
▼ + stars: | 2024-01-25 | by ( Michael Kolomatsky | ) www.nytimes.com time to read: +1 min

If Gen Z can’t afford the rent, how are they ever going to buy a home? A recent study by Point2 examined housing markets in 100 of the largest U.S. cities, using earnings and employment data to find the places where Gen Z-ers have the best and worst chances of buying a home. Older Gen Z-ers, that is. The study found that Gen Z-ers are out of luck in most large cities. Richmond, Va., Newark, Boston and New York all were among the hardest areas for Gen Z-ers to own homes.

Persons: Z, Point2, Gen Organizations: Gen Locations: Fremont, Calif, California, Fresno, East Coast, Richmond, Va ., Newark, Boston, New York, Bronx

☆ Japan Airlines names former cabin attendant as first female president
▼ + stars: | 2024-01-18 | by ( ) edition.cnn.com time to read: +2 min

Tokyo — Japan Airlines has named its first female president, a former cabin attendant who rose through the ranks to senior management, taking a deeply symbolic step in a country struggling to close a vast gender gap at work. “There are female employees out there who are struggling with their career steps or going through big life events,” Tottori told a news conference. Airline safety is under a fresh spotlight after a collision between a JAL plane and a Japanese Coast Guard aircraft at Tokyo’s Haneda airport this month. JAL has said Tottori acquired a “high level of insight and field experience” in safety operations and service. The current president, Yuji Akasaka, will become chairperson while continuing to hold a representative director title, the airline said in its statement.

Persons: Mitsuko Tottori, Yuji Akasaka, Yoshiharu Ueki Organizations: Japan Airlines, JAL, OECD, Airline, Japanese Coast Guard Locations: Tokyo, Tottori, Japan, Haneda

☆ CVS will close some Target pharmacy locations
▼ + stars: | 2024-01-11 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +2 min

New York CNN —CVS will close dozens of pharmacies located inside of Target stores in early 2024, a company spokesperson said on Thursday. The closures come as retail pharmacy chains in the US face increasing difficulties with their prescriptions business, workforces and more. Prior to the closing of any impacted location, prescriptions will be transferred to a nearby CVS Pharmacy, said Thibault. CVS purchased Target’s pharmacy business from the big box retailer in 2015 for $1.9 billion. CVS has about 9,000 pharmacy locations overall.

Persons: Amy Thibault, ”, Thibault Organizations: New, New York CNN, CVS, CVS Pharmacy, CNN, Rite, Labor, Target Locations: New York

☆ McDonald's raises China bet, bucking Western firms' derisking trend
▼ + stars: | 2023-12-04 | by ( Casey Hall | Thomson Reuters | Casey Has Reported On China'S Consumer Culture Her Base In Shanghai For More Than A Decade | ) www.reuters.com time to read: +4 min

[1/5] A woman sits on a swing attached to a giant sign of McDonald's, outside its themed exhibition in Beijing, China December 4, 2023. One advantage for McDonald’s: its majority partner in the China business, CITIC, provides top-level political cover, said Jason Yu, greater China managing director of market research firm Kantar Worldpanel. McDonald's China, Carlyle Group and CITIC declined to comment. Other consumer-facing U.S. firms, including Starbucks (SBUX.O), Apple (AAPL.O), Coach owner Tapestry (TPR.N) and sportswear giant Nike (NKE.N), have remained similarly dedicated to the China market. Although the McDonald's China menu would be familiar to U.S. consumers, there are nods to local tastes, including taro pie, rather than apple.

Persons: Tingshu Wang, McDonald's, Jason Yu, Kantar, Yu, Carlyle, Wallace, Greg, Euromonitor, Ben Cavender, Casey, Kane Wu, Deborah Sophia, Gerry Doyle Organizations: REUTERS, Rights, Group, Carlyle Group, Starbucks, Apple, Nike, Research, Investment, China Market Research, Casey Hall, Thomson Locations: Beijing, China, U.S, Hong Kong, Macau, Yum China, Russia, Shanghai, Bengaluru

Helping these countries, which face some of the biggest risks from climate change, access these will be a key aim during the COP28 climate talks underway in Dubai. Ambitions for results at COP28 got off to a good start on the opening day on Thursday when countries approved plans for the climate disaster fund, after months of negotiations. About 60% of low-income countries are either in or at high risk of debt distress, the CDP said. The Central Asia Regional Economic Cooperation Program, for example, aims to agree a disaster relief bond issuance and a regional risk transfer facility, the ADB's Principal Disaster Risk Insurance and Finance Specialist, Thomas Kessler, told Reuters. "We are ready to scale up climate protection through early warning systems, anticipatory cash, climate insurance and community-based resilience projects," said Gernot Laganda, director of Climate and Disaster Risk Reduction at the United Nations World Food Programme.

Persons: COP28, Ekhosuehi Iyahen, IDF's Iyahen, Michèle Plichta, Lydia Poole, Odile Renaud, Basso, Thomas Kessler, Otis, Gernot Laganda, Alessandro Parodi, Simon Jessop, Libby George, Karin Strohecker, Susan Fenton Organizations: Insurance, Forum, PAF, Disaster, European Bank for Reconstruction, Global, Swiss, Central Asia Regional Economic Cooperation, Finance, Reuters, UN, University of Cambridge's Institute for Sustainability Leadership, United Nations, Food, Thomson Locations: GDANSK, LONDON, Dubai, London, Mexico

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