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☆ 'American Nightmare' couple Denise Huskins and Aaron Quinn don't think kidnapper Matthew Muller acted alone
▼ + stars: | 2024-02-15 | by ( Eammon Jacobs | ) www.businessinsider.com time to read: +4 min

Denise Huskins and Aaron Quinn don't think kidnapper Matthew Muller worked alone. AdvertisementDenise Huskins and Aaron Quinn don't think that kidnapper Matthew Muller worked alone when he forcibly took Huskins from Quinn's Mare Island, California home in the middle of the night on March 23, 2015. Netflix's hit true crime docuseries "American Nightmare," released in January, examines the bizarre kidnapping case using interviews with the victims, police officers, and lawyers involved. Muller took Huskins to a property in South Lake Tahoe, where she says he sexually assaulted her. Quinn pointed out that his car was also stolen from the property, but Muller took Huskins away in a Mustang.

Persons: Denise Huskins, Aaron Quinn, Matthew Muller, Muller, Huskins, —, Netflix's, Quinn, Gillian Flynn's, Denise, they've Organizations: Service, Vallejo Police Department, Harvard, Netflix Locations: Quinn's Mare Island, California, South Lake Tahoe, Huntington Beach, Dublin , California, Vallejo, Harvard

☆ Oil prices edge up on Middle East risk
▼ + stars: | 2024-02-13 | by ( ) www.cnbc.com time to read: +3 min

Oil prices rose slightly on Tuesday on fears Middle East tensions could disrupt supply, but uncertainty about the pace of potential U.S. interest rate cuts and the ensuing impact on fuel demand capped gains. Oil prices were near flat in Monday's trade, after gaining 6% last week. A move by the U.S. to tighten or step up enforcement of sanctions on Iran would impact oil market supplies. The Organization of the Petroleum Exporting Countries is also scheduled to release its monthly oil market report on Tuesday. OPEC and its allies including Russia, known as OPEC+, will decide in March whether to extend voluntary oil production cuts in place for the first quarter.

Persons: Houthis Organizations: Brent, . West Texas, New York Fed, Consumer, Reuters, of, Petroleum, OPEC, ING Locations: Huntington, Pier, Huntington Beach, Iran, Red, United States, Britain, Israel, U.S, Iraq, Russia, OPEC, Saudi Arabia

☆ 8 true-crime documentaries to watch on Netflix after 'American Nightmare'
▼ + stars: | 2024-01-24 | by ( Eammon Jacobs | ) www.businessinsider.com time to read: +1 min

Netflix's "American Nightmare" examines the kidnapping of Denise Huskins. The case was compared to the Ben Affleck movie, "Gone Girl." AdvertisementNetflix's "American Nightmare" is the latest true-crime docuseries that has gripped subscribers, as it examines the mysterious kidnapping of Denise Huskins in 2015. The police first accused Huskins and her boyfriend of staging the kidnapping, even comparing it to the movie "Gone Girl." If you've already watched all three episodes of "American Nightmare," Netflix has plenty more true-crime offerings to keep you hooked.

Persons: Denise Huskins, Ben Affleck, —, Huskins, Matthew Muller, you've Organizations: Service, Netflix Locations: Mare Island , California, Huntington Beach

A Vallejo police detective interrogated Quinn for hours, at times suggesting he may have been involved in Huskins’ disappearance. Police said they became suspicious because Quinn waited hours to report the kidnapping. But Quinn and Huskins were adamant that it wasn’t a hoax and insisted they were the victims. Muller put Huskins in his trunk, drove her to his home in South Lake Tahoe and held her there for two days. During and after the kidnapping, Muller used an anonymous email account to send messages to a San Francisco reporter claiming that Huskins was abducted by a team of elite criminals practicing their tactics.

Persons: Denise Huskins, Huskins, Aaron Quinn, Quinn, Vallejo, Kenny Park, ”, Matthew Muller, Muller, Detectives, wetsuit, Shawny Williams Organizations: Netflix, San Francisco Bay Area, FBI, Police, Harvard, Associated Press, KGO, TV . Police Locations: VALLEJO, Calif, Northern California, Vallejo, San Francisco Bay, Huntington Beach, Southern California, South Lake, Dublin, Bay, Huntington, South Lake Tahoe, San Francisco, City

☆ What happened to Denise Huskins' kidnapper Matthew Muller? The case was first considered a 'Gone Girl'-style hoax
▼ + stars: | 2024-01-17 | by ( Eammon Jacobs | ) www.businessinsider.com time to read: +7 min

She was kidnapped by Matthew Muller in Vallejo, California, in the middle of the night. When Huskins reappeared after her ordeal, Vallejo police accused her of staging the abduction as a hoax. Muller was ultimately ID'd as Huskins' kidnapper, and the Vallejo police eventually apologized publicly to Huskins for the labeling her ordeal a hoax. AdvertisementMuller was indicted in a Sacramento federal court on kidnapping charges in October 2015, nearly seven months after Huskins' abduction. AdvertisementBut state charges for the rape of Huskins were filed in Solano County Superior Court against Muller in 2018.

Persons: Denise Huskins, Matthew Muller, Muller, —, Felicity Morris, Bernadette Higgins, Huskins, Aaron Quinn, Quinn, fiancée, Andrea Roberts, Vallejo, Gillian Flynn's, David Fincher, Amy Dunne, Rosamund Pike, Nick Dunne, Ben Affleck, Quinn weren't, Misty Carausu, " Muller, Phillip A, Talbert, Huskins hadn't, he'd, Muller wasn't, He's Organizations: Service, San Francisco, Authorities, Netflix, Dublin, FBI, San Francisco Chronicle, US, Court, Napa State Hospital, CBS, FCI Tucson, Federal Bureau of Prisons, Vallejo Locations: Vallejo , California, partner's California, South Lake Tahoe, Huntington Beach, Vallejo, Dublin , California, Netflix's, Dublin, Huntington, South Lake, South, Tahoe, Sacramento, Alameda, Solano County, Napa, Arizona

☆ Netflix's 'American Nightmare': Where are Denise Huskins and Aaron Quinn now?
▼ + stars: | 2024-01-17 | by ( Eammon Jacobs | ) www.businessinsider.com time to read: +6 min

"American Nightmare" examines the 2015 kidnapping of Denise Huskins. AdvertisementIn 2015, a man broke into the Mare Island, California, home of Aaron Quinn, kidnapped his girlfriend Denise Huskins, and held her hostage for two days. On March 23, 2015, Quinn, then 30, reported that a man in a wetsuit brandishing a Taser had drugged him and then kidnapped Huskins. Denise Huskins and Aaron Quinn married in 2018 and have two daughtersAaron Quinn and Denise Huskins on their wedding day in 2018. Denise Huskins/InstagramDenise Huskins and Aaron Quinn stayed together after enduring the disturbing ordeal and tried to move on with their life.

Persons: Denise Huskins, Huskins, Quinn, —, Aaron Quinn, Matthew Muller, Vallejo, Gillian Flynn's, Mr, Kenny Park, Muller, Miller, Quinn didn't, Shawny Williams, Williams, Netflix docuseries, Apiros, Olivia, Naomi Organizations: Service, Netflix, Local, Vallejo Police Department, Business, Vallejo Police, ABC7, Police Locations: Mare Island , California, Huntington Beach, Vallejo, Coast

HUNTINGTON BEACH, Calif. (AP) — Federal officials on Tuesday recommended increasing the distance from undersea pipelines that vessels are allowed to anchor in Southern California, citing a 2021 oil spill they said was caused by ships whose anchors were dragged across a pipeline after a storm. The agency's board members recommended that authorities increase the safety margin between ships anchored on their way to and from the ports of Los Angeles and Long Beach and undersea pipelines in the area. Political Cartoons View All 1283 ImagesThey also urged vessel traffic services across the country to provide audible and visual alarms to those tasked with keeping watch when anchored vessels near pipelines. The recommendations as well as several others followed a nearly four-hour hearing on the spill, one of the largest in Southern California in recent years. A message was also left for the Port of Long Beach.

Persons: Andrew Ehlers, “, ” Organizations: —, National Transportation Safety, MSC Danit, NTSB, Port, Marine Exchange, U.S . Coast Guard, Surf Locations: HUNTINGTON BEACH, Calif, Southern California, Houston, Huntington Beach, Beijing, Los Angeles, Long, Port of Los Angeles, Port of Long Beach, Danit

☆ Fisker delivers over 100 cars in a day with new distribution strategy
▼ + stars: | 2023-11-17 | by ( ) www.reuters.com time to read: +1 min

Henrik Fisker, CEO of electric-vehicle maker Fisker Inc. introduces the Ronin electric sports car in Huntington Beach, California, August 3, 2023. REUTERS/Mike Blake/File Photo Acquire Licensing RightsCompanies Fisker Inc FollowNov 17 (Reuters) - Fisker (FSR.N) said on Friday that its new distribution strategy would help improve delivery speed and volume, which the electric vehicle company noted was a bottleneck that curbed production. The EV maker delivered 107 vehicles on Thursday, crossing the 100 mark for the first time after executing a new strategy that brought in revenue of $7.5 million in one day. Fisker said it has added several logistics partners to transport Ocean SUVs to delivery locations so that they can be handed over to customers quickly. An employee can drive a customer's car to them if they live within 60 miles of a Fisker fulfillment location, eliminating the use of vehicle transport, the company said.

Persons: Henrik Fisker, Mike Blake, Fisker, Akash Sriram, Maju Samuel Organizations: Fisker Inc, REUTERS, Thomson Locations: Huntington Beach , California, Bengaluru

☆ 17 Best Dress Shoes for Men, According to Style Experts
▼ + stars: | 2023-11-03 | by ( Leah Melclinton | ) www.wsj.com time to read: +8 min

The laces and classic body shape are characteristic of traditional men’s dress shoes, while the rugged rubber soles still make a statement with any formal outfit. “Good leather shoes are not an arena in which it pays to cut costs,” he says, recommending investing in “the pair of a decade” from this made-in-England favorite. (Crockett & Jones has regal and Hollywood credentials: the brand received a Royal Warrant of Appointment in 2017, and this is the style of dress shoes worn by Daniel Craig’s James Bond). Sleek sneakersThe key to dressed-up sneakers is finding a leather pair free of busy accents or logos. The style is “acceptable to wear with dress clothes,” confirms Los Angeles-based personal stylist Rayne Parvis, who advises people to wear these sneakers in place of brown lace-up dress shoes.

Persons: Leah Melby Clinton You’ve, Magnanni Marco, Jim O’Brien, O’Brien, Wes Sharpton, Cole Myers, ”, Jones, Daniel Craig’s James Bond, Nolan Beck, Rivera, suede Myers, Myers, cushioned, ’, ” Beck, Johnny Cash, Saint Laurent, “ They’re, Beck, Rayne Parvis Organizations: Huntington, Cleobella, Kansas, Monroe, Crockett, Chelsea Boots Locations: Huntington Beach, Calif, Catskill, N.Y, New York City, Paris, Kansas City, Mo, England, Polish, Richmond, Va, Montreal, French, Alsace, ”, Mexico, Nisolo, Los Angeles

☆ Oil nearly flat as macroeconomic concerns contend with tighter U.S. supply
▼ + stars: | 2023-10-25 | by ( ) www.cnbc.com time to read: +1 min

A view of oil platform Emmy off the coast of Huntington Beach at dusk Thursday, October 14, 2021. Oil prices were nearly flat on Wednesday as signs of tighter U.S. supplies countered economic data that dampened the outlook for energy demand. That went against eight analysts polled by Reuters who had estimated on average that crude inventories were up by about 200,000 barrels for the week. Meantime, euro zone business activity data took a surprise downturn this month, suggesting the bloc may slip into recession, which would drag on the outlook for oil demand. Investors kept an eye on the Middle East as well, as market participants fear a widening of the conflict there could roil oil markets and disrupt supplies.

Organizations: Brent, U.S, West Texas, American Petroleum Institute, Reuters, Bank of, Investors Locations: Huntington Beach, United States, Canada, Russia, Israel, Gaza, Palestinian

☆ Peak crude demand is fueling anger and argument in the world of oil
▼ + stars: | 2023-10-05 | by ( Natasha Turak | ) www.cnbc.com time to read: +5 min

Peak oil demand refers to the point in time when the highest level of global crude demand is reached, which will be immediately followed by a permanent decline. This would theoretically decrease the need for investments in crude oil projects and make them less economical as other energy sources take over. "Such narratives only set the global energy system up to fail spectacularly," OPEC Secretary General Haitham al-Ghais said in a Sept. 14 statement. The IEA's roadmap calls for daily oil demand to be slashed by 25% in seven years' time. 'We all strive for the same thing'OPEC leaders, meanwhile, point to continuing yearly increases in oil demand, particularly from major emerging markets like China and India.

Persons: Leonard Ortiz, It's, Haitham, Ghais, Claudio Descalzi, Steve Sedgwick, Descalzi Organizations: MediaNews, Orange, Getty, International Energy Agency, OPEC, IEA, Abu Dhabi International Petroleum Exhibition Conference, Abu Dhabi International Progressive Energy Conference, United, Eni Locations: Huntington Beach , California, United Arab Emirates, UAE, OPEC, China, India

☆ At Rosemead High, generations of students were harassed or groomed for sex as they tried to get an education
▼ + stars: | 2023-10-03 | by ( Matt Drange | ) www.businessinsider.com time to read: +87 min

Students were regularly subjected to sexual harassment by Hall, two former students told me. “I feel like so many of us were victims to the culture,” one former Rosemead student told Insider. Manipulation by a trusted adult has been passed like a virus to generations of Rosemead students. AdvertisementThe Shops at Santa Anita in Arcadia have long been a local haunt for Rosemead High students. We wondered aloud whether Masiello had harassed our mother the same way he'd done to generations of Rosemead students.

Persons: Clara didn't, She'd, Alex Rai, Eric Burgess, Burgess, Rai, Clara, they'd, Rai texted, she'd, who'd, Mark Abramson, Rai didn't, Leonard Levine, — I'm, Alex Rai wasn't, wouldn't, Rosemead, RubyAnna Sare, Sare, Harlan Mayne, Mayne, Dwain Crum, he'd, colluded, Crum, Robin Torres, Torres, Edward Zuniga, Zuniga, Paul Arevalo, Kristy, Jim Hall, Hall, groped, Angela, Diane Bladen, Bladen, Michael Sullivan, Sullivan, Denton Todd, Todd, Barbara, Arevalo, Barbara said, Matt Drange, Andrew Dalton, Dalton, ” Mark Abramson, I've, Will, Suzy, Carly Sanchez, Sanchez, aren't, —, David Pitts —, Pitts, Cindy, Scriabin, David Pitts, couldn't, That's, G, You'd, It's, Wing Chan, Chan, Louis Vuitton, Justin Rosien, Rosien, Rosien texted, cringed, Jim Hall's, Don Masiello, Paul Arevalo's, Sergio Caveyo, Caveyo, Brian Day, Alex, messaged, Brian Aliff, Aliff, Nichole, I'd, scoot, Michelle, Michelle's, Michelle didn't, Sarah, Brian Bristol, didn't, Nichole's, Weeks, Herbert Ortiz, Jaime, Ortiz, Richard Daniels, Daniels, Fidel Dominguez, Rosemead High's, Larry Callaham, Masiello, Jan Herzog, Herzog, Justin Fregoso, James Eder, Fregoso, me Eder, Eder, they've, Anne Bazile, Bazile, Unbeknownst, Arevalo —, Jonathan Howard, Credentialing, Howard, Elaine Rose, Rose, El Monte Union High School District Arevalo, he's, José Gallegos, Gallegos, Billie, Jo Grant, Grant, Michael Cohen, Cohen, Santa Claus, Oz, California's, haven't, Lupe Nieves, Nieves, reenacted, faxed, Harold Greenberg, Dan Morris, Morris, Alex Valdez, J, Valdez, alums, Heidi, Guillermo, she's, Clara wasn't, Mark Matthews, Matthews, Rai groped, Janine Salanitro, Zuniga hasn't, Felipe Salazar, Salazar, Andrew Dalton's, Matt Drange’s Organizations: Business, Rosemead High School, Rosemead High, Rosemead, El Monte Union High School District, Sheriff's Department, TA, El Monte Union High School, X's, Ford, Business Insider, Casa del Rey, Nissan, Nike, Bristol, Arroyo High School, High School, Los, Los Angeles County Sheriff's Department, Perris High School, of Education, Angeles County Sheriff's Department, California, California Department of Education, Monte Union High School, Valdez, Gabrielino, Rai, Los Angeles County Sheriff's, Temple City Locations: Southern California, Rosemead, San Gabriel Valley, San Gabriel, Los Angeles, Huntington Beach, Pasadena, Bladen, California, Arevalo, Utah, Santa, Arcadia, Beverly Hills, Burgess, Bristol, Arroyo, Perris, California's, Angeles, Cindy's, Los Angeles County, Temple

☆ EV startup Fisker raises $150 mln from existing investor
▼ + stars: | 2023-09-29 | by ( ) www.reuters.com time to read: +1 min

Electric-vehicle maker Fisker Inc. introduces the PEAR electric vehicle in Huntington Beach, California, August 3, 2023. REUTERS/Mike Blake/File Photo Acquire Licensing RightsSept 29 (Reuters) - Fisker Inc (FSR.N) has raised $150 million from an existing institutional investor through the issue of convertible bonds with an additional $550 million in funding available, the electric-vehicle startup said on Friday. The EV company expects to use the proceeds to ramp up deliveries. Fisker earlier this month reiterated its plan to increase deliveries of its flagship Ocean sports utility vehicle to 300 units per day later this year. The new investment follows a previously announced convertible notes offering of $340 million in July to the unnamed investor.

Persons: Mike Blake, Tanya Jain, Sriraj Organizations: Fisker Inc, REUTERS, Fisker, EV, Ocean, Thomson Locations: Huntington Beach , California, Bengaluru

☆ Stocks making the biggest moves premarket: Fisker, Tesla, United Natural Foods and more
▼ + stars: | 2023-09-26 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Fisker — Shares of the vehicle development company surged 4.1% premarket after Bank of America reinstated coverage with a buy rating. Thor Industries — Shares of the recreational vehicle company slipped 3% premarket after it warned that it expects net sales to decline in the coming year. For the quarter just ended, Thor posted $1.68 in earnings per share on $2.74 billion of revenue. Analysts surveyed by LSEG were looking for 96 cents in earnings per share on $2.42 billion of revenue. United Natural Foods forecast earnings per share and adjusted EBITDA in the coming year below analysts' estimates, citing profitability headwinds, and fiscal fourth quarter revenue that missed analysts' $7.47 billion estimate, according to StreetAccount.

Persons: BofA, Fisker, Tesla, Morgan Stanley, DraftKings, Thor, —, Jesse Pound, Pia Singh Organizations: Bank of America, European Union, Barclays — Barclays, JPMorgan, Thor Industries, United Locations: Huntington Beach , California, China

☆ CNBC Pro at Future Proof: Why it's time to buy European stocks
▼ + stars: | 2023-09-11 | 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 EmailCNBC Pro at Future Proof: Why it's time to buy European stocksCNBC Senior Markets Correspondent Bob Pisani sits down for an interview with Charles Schwab Managing Director Jeffrey Kleintop from the Future Proof conference in Huntington Beach, California to talk about why European stocks could perform better than their American counterparts in the near term and finding the best investing approach in this market environment.

Persons: Bob Pisani, Charles Schwab, Jeffrey Kleintop Organizations: CNBC, American Locations: Huntington Beach , California

☆ U.S. stocks are 'the cleanest shirt in dirty laundry,' John Hancock investment strategist says
▼ + stars: | 2023-09-11 | by ( Alex Harring | ) www.cnbc.com time to read: +1 min

U.S. stocks are the best place for investors compared to their international counterparts, according to Emily Roland, co-chief investment strategist at John Hancock Investment Management. "The U.S. is simply holding in better than the rest of the world," Roland said in an interview from the conference in Huntington Beach, California. "I would call it the cleanest shirt in dirty laundry today." Roland said part of her reasoning stems from her outlook that quality stocks will perform better in a late-cycle environment. But Roland said investors need to act quickly, as bond yields will likely "come down in a meaningful way" into the next recession.

Persons: Emily Roland, Roland, CNBC's Bob Pisani, — Organizations: John Hancock Investment Management Locations: Huntington Beach , California, U.S

☆ Hip-hop stars and financial luminaries: Ritholtz Wealth Management redesigns the investment conference
▼ + stars: | 2023-09-11 | by ( Bob Pisani | ) www.cnbc.com time to read: +6 min

Surf City USA —for a financial conference. A financial conference on a beach? Reinventing the financial conferenceWelcome to FutureProof, billed as "the largest gathering of top-tier wealth management professionals, CEOs, CTOs, COOs, and fast-growing financial advisors." It's the brainchild of Barry Ritholtz, co-founder, chairman, and chief investment officer of Ritholtz Wealth Management, and CEO Josh Brown. "Coming out of the pandemic, it was obvious to us that the traditional financial conference was past its sell-by date," Ritholtz told me.

Persons: Tang, Redman, They're, Jeremy Siegel, Jeff Kleintop, Charles Schwab, Emily Roland, John Hancock, Cliff Asness, Jeff Gundlach, maven Jan van Eck, Barry Ritholtz, Josh Brown, Ritholtz, FutureProof, You'll, Goldman, Goldman Sachs, Morgan Stanley, JP Morgan, RIAs, Dan Ives, Scott Wapner, Siegel, Morningstar, Christine Benz, Jeffrey Ptak, Ben Johnson, podcasters Michael Batnick, Ben Carlson, Wu, Tang Clan Organizations: Wharton, Ritholtz Wealth Management, Chiropractic, Health, Investment Advisors, CNBC, Financial Locations: Huntington Beach , CA, Huntington Beach , California, Surf, Huntington Beach, AQR, DoubleLine, FutureProof, COOs, Wells, Wedbush, Young

☆ CNBC Pro at Future Proof: Finding quality stocks in an uncertain market
▼ + stars: | 2023-09-11 | 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 EmailCNBC Pro at Future Proof: Finding quality stocks in an uncertain marketCNBC Senior Markets Correspondent Bob Pisani sits down for an interview with John Hancock Investment Management Co-Chief Investment Strategist Emily Roland from the Future Proof conference in Huntington Beach, California to discuss finding quality American stocks in an uncertain market and why bond yields could be headed for a decline

Persons: Bob Pisani, Emily Roland Organizations: CNBC, John Hancock Investment Management Locations: Huntington Beach , California

☆ The decline of Boston Market: Why the chain that sparked the rotisserie chicken craze has closed dozens of stores
▼ + stars: | 2023-08-19 | by ( Nancy Luna | ) www.businessinsider.com time to read: +5 min

Boston Market, founded in 1985, sparked the rotisserie chicken craze in the late 1980s and 1990s. Between 2017 and 2022, the Golden, Colorado-based chain closed 161 stores, according to market research firm TechnomicAbout 50 more stores have closed this year. "Boston Market repeatedly has breached its payment obligations to US Foods," the suit states. Boston Market began serving its homestyle meals of spit-roasted rotisserie chickens, made-from-scratch cornbread, and creamy mac and cheese in 1985. Boston Market also faced competition from grocery stores like Costco and Kroger, which began selling rotisserie chickens in 1994.

Persons: Brenda Rivera, Rivera, Seth Wenig, Joseph Petrecca, McDonald's, Jay, Pandya, Tim Powell, That's, It's, it's Organizations: Boston, McDonald's, Service, New Jersey's Labor Department, The, Boston Market, Engage Brands, Restaurant Business, US Foods, Costco, Kroger, Sun Capital Partners, Sun Capital, Restaurant, Group, Companies Locations: New Jersey, Wall, Silicon, California, Boston, , Colorado, Jersey, Massachusetts, Arizona, Orange County , California, Huntington Beach , California

☆ Tropical Storms Are Rare in California. The Last, in 1939, Killed Nearly 100.
▼ + stars: | 2023-08-18 | by ( Livia Albeck-Ripka | More About Livia Albeck-Ripka | ) www.nytimes.com time to read: +2 min

More than a dozen boats were declared missing, and the wreckage of an 80-foot yacht washed up near Huntington Beach, a usually picturesque surf spot. Twenty-three people drowned when a sport fishing boat capsized just 500 feet from a pier at Point Mugu, near Oxnard. The overall damage was estimated to be around $2 million, the equivalent of around $44 million in today’s dollars. Besides the 1939 storm, the only other tropical storm to make landfall in the state was on Oct. 2, 1858, when a hurricane shook San Diego, damaging homes, uprooting trees and causing inland flooding. Christopher Landsea, a forecaster with the National Hurricane Center and an author of the paper, noted that there were no reported injuries or fatalities.

Persons: Christopher Landsea Organizations: The Times, Man, Southwestern, Administration, National Hurricane Center Locations: Huntington Beach, Mugu, Oxnard, Los Angeles, Warsaw, Poland, Southwestern United States, California, San Diego, Daily Alta California

HUNTINGTON BEACH, California, Aug 3 (Reuters) - Electric vehicle (EV) maker Fisker Inc (FSR.N) unveiled a pickup truck on Thursday, weeks after starting deliveries of its flagship sport utility vehicle (SUV) and as it tackles persistent supply chain issues. Fisker aims to make a mark in the crowded EV market with lower-priced vehicles that still have high-design sensibility. Fisker said Alaska, reservations for which opened on Thursday, would be built on the same platform as its Ocean SUV. Fisker, which uses contract manufacturing for its vehicles, aims to keep cost of production as well as vehicle prices low. While the Ocean SUV starts at $37,499, its smaller Pear SUV, which was also unveiled on Thursday, is priced at $29,990.

Persons: Henrik Fisker, Fisker, Tesla, We're, Lisa Baertlein, Abhirup Roy, Christopher Cushing Organizations: Fisker Inc, Reuters, Ford, Thomson Locations: HUNTINGTON BEACH , California, Alaska, Huntington Beach , California, Huntington Beach, San Francisco

☆ Oil prices steady as rate hike fears offset signs of tightening supply
▼ + stars: | 2023-07-07 | by ( ) www.cnbc.com time to read: +1 min

A view of oil platform Emmy off the coast of Huntington Beach at dusk Thursday, October 14, 2021. Oil prices were largely unchanged on Friday, but set to post weekly gains, as fears of higher U.S. interest rates that could dampen energy demand were offset by signs of tighter supply after a larger-than-expected fall in U.S. oil stocks. The total cuts now stand at more than five million barrels per day, equating to 5% of global oil output. However, oil prices were capped on strengthening expectations the U.S. central bank is likely to raise interest rates at their July 25 to 26 meeting after holding rates steady at 5% to 5.25% in June. Higher interest rates increase borrowing costs for businesses and consumers, which could slow economic growth and reduce oil demand.

Organizations: Brent, U.S, West Texas Intermediate, Energy Information Administration, Federal Locations: Huntington Beach, U.S, Saudi Arabia, Russia, OPEC

MediaNews Group | The Riverside Press-Enterprise via Getty ImagesOf the many acts that can get an Amazon merchant kicked off the site, few are as devastating as selling stolen goods. But suspended sellers, who spent years building their businesses on Amazon, told CNBC they had no idea they were selling stolen products. In an email to CNBC, Amazon said it's working with authorities and doesn't comment "on matters that are the subject of active law enforcement investigations." Tracing the stolen goods supply chainIn tracing the supply chain for suspended sellers, some patterns started to emerge. "Chances are stolen goods or similar ASINs/serial numbers are being bled in to every supply line," the employee wrote.

Persons: Levoit humidifiers, Frank —, Frank, Kenzo Sobrie, Dyson, blenders, they'd, Joe Quinlivan, Sellers, they've, Chris McCabe, Ricky Sala, what's, Sala, he'd, Tien Ngo, Ngo, Stride, Daniel Acker, ASINs, Armen Babayan, illicitly, Babayan, KZ, Juniper, couldn't, Cameron Webb, Kevin Cole, didn't, He's, Sobrie Organizations: MediaNews, Riverside Press, Enterprise, Getty, Amazon, CNBC, Retailers, LG, KZ International, California, Patrol, KZ, CHP, Amazon.com Inc, Amazon Robotics, Bloomberg, Oregon Prep Center, Facebook, FBI, Washington State Office, Ngo Wholesale Distributors, Ngo, Co, Wholesale, Los, Juniper Holdings, Telegram Locations: Eastvale , California, KZ's, Huntington Beach , California, Westborough , Massachusetts, Los Angeles, Miami, The Miami, New York, Washington, Santa Fe Springs, Los Angeles County, Garden Grove, Orange County, California, Huntington Beach, California , Florida, New Jersey

May 8 (Reuters) - PacWest Bancorp (PACW.O) shares pared early gains on Monday, dragging down other U.S. regional banking stocks, as the Los Angeles-based lender's decision to slash its quarterly dividend failed to stem worries about its financial stability. Other U.S. regional banks also retreated. REUTERS/Mike Blake/File Photo 1 2The KBW Regional Banking index (.KRX) fell 2.82% after gaining nearly 4.7%. But hedge funds, which often engage in short selling, pushed back on Monday, saying in a letter to Gensler that a ban would be counterproductive. Yellen said it is in the SEC's purview to regulate short selling although there is a high bar for any controls if evidence of market manipulation was found.

May 8 (Reuters) - PacWest Bancorp (PACW.O) shares pared early gains on Monday, dragging down other U.S. regional banking stocks, as the Los Angeles-based lender's decision to slash its quarterly dividend failed to stem worries about its financial stability. "The dividend cut is not a good sign," said Jamie Cox, managing partner at Harris Financial Group. Other U.S. regional banks also retreated. The KBW Regional Banking index (.KRX) fell 1.5% after gaining nearly 4.7%. "I have a general fear that smaller banks are going to disappear, and we're going to end up with just a few large banks."

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