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☆ Apple's record $110 billion stock buyback is bigger than Boeing, Airbnb, and Chipotle
▼ + stars: | 2024-05-03 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

Apple just launched a $110 billion stock buyback program, the biggest in history. Apple's new stock buyback program is more than the value of Boeing, Airbnb, and Chipotle. AdvertisementApple just launched a $110 billion stock buyback, the biggest in stock market history. Since then, the company's stock buyback programs have reduced its total share count to 15.44 billion, and at current prices, this stock buyback program would retire an additional 600 million shares. To put in perspective just how big Apple's stock buyback program is, consider these companies that have a total market value of less than $110 billion.

Persons: —, Apple, Dan Ives, Corey Lever, Eric Risberg, Chipotle, Gregory, Brandon Bell, Airbnb, ROSLAN RAHMAN Organizations: Apple, Boeing, Service, Greater, Waste, AP, Portland Press, Getty, Dell Technologies Dell, DELL Locations: Greater China, Oakland, Calif, , Texas

☆ A key service helping convicted US veterans recover remains dysfunctional for everyone else, but there's a fix
▼ + stars: | 2024-04-20 | by ( Ella Sherman | ) www.businessinsider.com time to read: +11 min

Veteran treatment courts, which prioritize rehabilitation for convicted veterans, provide comprehensive care, but the public version of these courts fail to deliver comparable support. Landing in a treatment courtAs of 2022, there were over 4,153 adult drug courts and 511 veteran treatment courts in the United States. There are numerous ways a person who has been convicted can enter a drug treatment court. Many adult drug treatment courts are unable to admit violent offenders due to the BJA prohibition. He describes his veteran treatment court experience as going through an "intense supervised probation" that gradually lessened.

Persons: —, Christopher Deutsch, Deutsch, there's, Christina Lanier, John Pendygraft, Pool Lanier, they're, Lanier, Ed Kubo, Michael Peacock, Kristen Wong Deutsch, Hondo Underwood, Underwood, BI's Ju Shardlow, Jack Milton Organizations: Service, Business, Court, Center, Criminal, AP, UNC Wilmington, Army, Treatment, Supreme Court, Marine Corps, Justice, Harbor, Veterans Affairs, Portland Press, Getty Locations: Clearwater , Florida, Raleigh, North Carolina's, Wilmington, United States, Hawaii, Colorado

☆ My cargo ship briefly lost power at sea. Here's how merchant mariners are trained to deal with it.
▼ + stars: | 2024-04-03 | by ( Grace Kay | ) www.businessinsider.com time to read: +8 min

Boyle said he was on a ship that lost power briefly and his training kicked in. I've never faced any major emergencies while working aboard a cargo ship, aside from a minor fire and an instance where my ship temporarily lost power. Do I need to switch over the steering to emergency steering? I radioed into that other vessel just to inform him that we had lost power but we still had steering. Since we still had steering, the main focus was figuring out why we lost power.

Persons: Bryan Boyle, Boyle, —, YouTuber, I've, I'm, Francis Scott Key, It's, we're, you've Organizations: Service, Portland Press Herald, Maersk Locations: Baltimore, North

☆ Used car prices expected to stabilize in 2024 after two years of decreases from record highs
▼ + stars: | 2024-01-08 | by ( Michael Wayland | ) www.cnbc.com time to read: +2 min

(Staff photo by Brianna Soukup/Portland Press Herald via Getty Images)DETROIT — Used vehicle prices are expected to stabilize this year, after buyers of pre-owned cars and trucks got more relief in 2023 following a stretch of record prices. However, used vehicle prices are still higher than they were before the pandemic. Retail prices for consumers traditionally follow changes in wholesale prices, but they have not fallen as quickly as wholesale prices in recent years. Used vehicle sales are expected to increase by less than 1% to 36.2 million, according to Cox Automotive. That forecast includes 19.2 million in used vehicle retail sales.

Persons: Brianna Soukup, Cox, we've, Jeremy Robb, Jonathan Smoke Organizations: Lee, Portland Press, Getty, Automotive, Cox Automotive Locations: Manheim, U.S

☆ College students plotting to get Starbucks kicked off campuses plan to join baristas as they walk off the job on Red Cup Day
▼ + stars: | 2023-11-13 | by ( Nancy Luna | ) www.businessinsider.com time to read: +5 min

Starbucks workers plan to walk off the job on November 16, which is expected to be Red Cup Day. Students from campuses around the US plan to join Starbucks employees when they walk off the job later this week on what is expected to be Red Cup Day. Starbucks has not officially announced when Red Cup Day will be held this year, but last year, it was held on Thursday, November 17. College students actively campaigning to boot Starbucks from campuses plan to join workers November 16, a day the union is labeling "Red Cup Rebellion." Starbucks Workers United represents more than 300 unionized Starbucks stores and 9,000 workers.

Persons: —, Ella Clark, Caitlin Power, Alex Yeager, Yeager Organizations: Red, College, Service, Starbucks, Georgetown, Cornell University, Cornell, University of Washington , University of Minnesota, University of Maryland, Baltimore County, University of Louisville, University of Chicago, UCLA, Stanford University, Boston University, American University, University of Arizona, Workers, Starbucks Workers United, Portland Press Herald, National Labor Relations, Starbucks Workers Locations: San Francisco, Ithaca, Baltimore, Gardner , Massachusetts

CNN —For the victims of the mass shooting Wednesday night in Lewiston, Maine, it was an ordinary night out. Even on her night off on Wednesday, Asselin was at Just-in-Time, her brother told CNN. He was one the victims lost in the shooting in Maine,” the organization wrote in a Facebook post Thursday. Arthur “Artie” StroutArthur "Artie" Strout Strout family/WBZArthur “Artie” Strout, 42, was at Schemengees during the shooting, his father, Arthur Bernard, told CNN affiliate WBZ. His death has left his family in “shock and profound grief,” his family member Cecile Francoeur Martin told CNN.

Persons: Robert Card, Michael Sauschuck, Tricia Asselin Tricia Asselin, CNN Tricia Asselin, Asselin, I’m, ” DJ Johnson, ”, Johnson, Stephen “ Steve ” Vozzella Stephen Vozzella, Megan Vozzella Stephen Vozzella, Vozzella, Brian L, Renfroe, “, Governor Baxter, Karen Hopkins, ” Vozzella, NEDC, Steve Vozzella, he’d, Peyton Brewer, Ross Peyton Brewer, Ross, CNN Peyton Brewer, Ralph Brewer, Brewer, cornhole, Schemengees . Brewer, Ross “, Elle, Thomas “ Tommy ” Conrad Tommy Conrad, Timothy Conrad Tommy Conrad, Conrad, Michael Deslauriers, Vicki Deslauriers Roy, Michael Deslauriers II, Michael Deslauriers Sr, Deslauriers, ” Deslauriers, ” Jason Walker Jason Walker, Mike Sauschuck, Bryan MacFarlane Bryan MacFarlane, Keri Brooks Bryan MacFarlane, Keri Brooks, MacFarlane, Brooks, Arthur “ Artie ” Strout Arthur, Artie, Strout, WBZ Arthur, Artie ” Strout, Arthur Bernard, Bernard, Joseph “ Joey ” Walker Joseph Walker, CNN Leroy Walker, Joseph Walker, Walker, Joseph, ” Leroy Walker, it’s, ” Joshua Seal Lewiston, Joshua Seal, Seal, Janet Mills, Nirav Shah, Elizabeth Seal, Joshua, ” Seal’s, ” Keith Macneir Keith Macneir, Maxx Hathaway Maxx Hathaway, Kelsay Hathaway, GoFundMe Maxx Hathaway, ” Kelsay Hathaway, “ Brenda, Maxx, Brenda Hathaway, Lilian, Brenda, ” Kelsay, Courtney Hathaway, she’s, he’s, ” Courtney Hathaway, “ Maxx, Robert “ Bob ” Violette Bob Violette, Violette, CNN Bob Violette, “ Bob’s, Brandon Dubuc, ” Witnesses, Cassandra Violette, Lucille Violette Lucille Violette, Bob Violette, William “ Bill ” Young, Aaron Young, Bill Young, Aaron, Kayla Putnam, CNN Bill Young, Young, Putnam, Bill, “ He’s, ” Putnam, WCVB, “ It’s, Rob, ” Rob, Ronald “ Ron ” Morin, Ron Morin, Ron Morin Ron Morin, Cecile Francoeur Martin, Martin, Morin’s, Morin, ” William Frank Brackett William Frank Brackett, CNN’s Caroll Alvarado, Elizabeth Wolfe, Sara Smart, Afshar, Amanda Jackson, Cara Lynn Clarkson, Aya Elamroussi Organizations: CNN, Public, New, Deaf, National Association of, Carriers, U.S . Postal Service, Governor, Governor Baxter School, Deaf Cornhole, “, Schemengees, WMTW, Facebook, Historical Society, of Public, WBZ, WGME, Tree Society, Maine Gov, Boston Globe, Portland Press Herald, Press Herald, WCVB, Bangor Daily News Locations: Lewiston , Maine, Lisbon Falls, United States, Uvalde , Texas, Lewiston, Maine, Schemengees, Auburn , Maine, “

☆ Maine shooting: Communities still grieving after shooting rampage are under stay-at-home orders as manhunt for suspect continues
▼ + stars: | 2023-10-27 | by ( Aya Elamroussi | ) edition.cnn.com time to read: +9 min

Thursday evening, investigators believed they detected something inside or near the home, spurring a flurry of activity, a law enforcement official said. Card is a certified firearms instructor and a member of the US Army Reserve, law enforcement officials in Maine told CNN. Shannon Stapleton/Reuters A member of law enforcement walks with a police dog outside a property in Bowdoin on Thursday. Steven Senne/AP Jess Paquette holds a sign showing her support in Lewiston, Maine, on October 26. Bryan MacFarlane was playing in a cornhole tournament at the restaurant when he was killed Wednesday, his sister Keri Brooks told CNN.

Persons: Robert Card, Janet Mills, ”, Cory, “, –, Shannon Moss, Katherine Schweit, “ He’s, ” Schweit, CNN’s Kaitlan Collins, Shannon Stapleton, Steven Senne, Jess Paquette, Robert F, Scott Eisen, CJ Gunther, Jessica Rinaldi, Dexter Britton, Fatih Aktas, Derek Davis, Nicholas Pfosi, Reuters Maria Wilson, Michael G, Tricia Asselin, DJ Johnson, I’m, ” Johnson, ” Asselin, Johnson, …, Asselin’s, Bobbi Nichols, Tommy Conrad, Conrad, Bryan MacFarlane, Keri Brooks, Brooks, ” Brooks, MacFarlane, Peyton Brewer, Ross, Ralph Brewer, Sloat, ’ ” Brewer, ” CNN’s Shimon Prokupecz, John Miller, Travis Nichols, Amanda Jackson, David Williams, Caroll Alvarado, Eric Levenson, Maria Santana, Joe Sutton, Sara Smart, Brian Todd, Evan Perez, Macie Goldfarb, Maria Sole Campinoti, Andy Rose, Josh Campbell, Chris Boyette Organizations: CNN, Authorities, Maine Gov, Maine State Police, Maine Department of Public Safety, US Army Reserve, National Guard, FBI, Reuters, Law, Schemengees, Lisbon High School, Boston Globe, Reuters Maine Gov, Lewiston City, AP, Getty Images Police, Anadolu Agency, Auburn Middle School, AP Police, Lincoln Street, Central Maine Medical, Portland Press Herald, AP People, Shutterstock Police, WMTW Locations: Maine, Lewiston, Androscoggin, Sagadahoc, Auburn, Lisbon, United States, Uvalde , Texas, Bowdoin , Maine, Bowdoin, Saco , Maine, Lewiston , Maine, Portland , Maine, Lisbon Falls , Maine, Reuters Maine, Lewiston City Hall, Auburn , Maine, Lincoln, Vermont

☆ Beef prices are at record highs — how much pricier will your steak get?
▼ + stars: | 2023-10-25 | by ( Lee Ying Shan | ) www.cnbc.com time to read: +3 min

Retail beef prices in the U.S. are at record highs, pushing up prices of beef-based products from burgers to steaks and steak tartare. Retail beef prices are currently hovering around record levels of about $8 per pound, according to data from the United States Department of Agriculture (USDA). "All consumers will be paying more for all beef products for several more years," Wells Fargo's Chief Agricultural Economist Michael Swanson told CNBC via email. "As cattlemen retain cows to rebuild the herd, there is a much lower supply of cattle to provide beef," Swanson said. With elevated cow slaughter, has come tighter cattle supplies, and an expectation that domestic cattle supplies will remain tight into the future.

Persons: That's, Wells, Michael Swanson, Swanson, Brandon Bell, Brian Earnest, Adam Speck, Speck Organizations: Portland Press Herald, Getty, CNBC, United States Department of Agriculture, USDA, Gro Locations: U.S, Texas, Kansas, Quemado , Texas, Gro Intelligence's

☆ American kids are facing an epidemic of loneliness. Overhauling youth sports could help fix that.
▼ + stars: | 2023-10-08 | by ( Jacob Zinkula | Madison Hoff | ) www.businessinsider.com time to read: +14 min

AdvertisementAdvertisementA Hooptown Youth League game. While Americans of all ages are vulnerable to loneliness, young people are particularly at risk. Data on grade-school-aged children is limited in the US, but research in other countries has found that young children aren't immune to these problems. One of the few studies to explore sports participation's connection to youth loneliness was conducted by European researchers in 2019. A Hooptown Youth League game.

Persons: —, Nancy Curtin's, we'd, Mike Nilson, Gonzaga University's, Nilson, Chris Elam, It's, Vivek Murthy, General's, John Ewing, they're, There's, Charlie Riedel, Matt Hoffmann, Hoffman, Jon Solomon, — Solomon, David J, Phillip Solomon, Solomon, Curtin Organizations: Service, Hooptown, League, YMCA, Amateur Athletic Union, AAU, Portland Press, Getty, Sports, Fitness Industry Association, National Federation of State High School, Team, Kansas City Royals, Oakland Athletics, Cal State Fullerton, Aspen Institute's Sports, Society Program, Aspen Institute, CDC, rec, Aspen, Spokane — Locations: Oregon, Spokane , Washington, Spokane, Kansas City, Mo

☆ Orcas Learned to Steal Fish From Lines, May Be Killing Them
▼ + stars: | 2023-09-28 | by ( Marianne Guenot | ) www.businessinsider.com time to read: +3 min

But it could also be a fad spreading simply because the killer whales find the behavior entertaining. AdvertisementAdvertisementObservers from the National Oceanic and Atmospheric Administration (NOAA) are now investigating what exactly has caused the recent spike in killer whales' deaths near Alaska. Thankfully, resident fish-eating killer whales in Alaska are not endangered. NOAA estimates there are in excess of 1,920 living near Alaska. But all killer whales are protected under the Marine Mammal Protection Act, which means any death or injury needs to be reported, per NOAA.

Persons: —, They've, they've, That's, orcas Organizations: Service, Anchorage Daily, Portland Press Herald, Getty, National Oceanic, Atmospheric Administration, NOAA, Mammal Protection Locations: Alaska, Seattle, South Africa

☆ Opinion: Seaweed is nutritious, not slimy. Eating it could save the world.
▼ + stars: | 2023-09-25 | by ( Opinion Vincent Doumeizel | ) edition.cnn.com time to read: +8 min

It can be a nutritious food, an alternative to plastic, restore our oceans and could even help tackle climate change. UliU/iStockphoto/Getty Images Seaweed has become popular in Western baking in recent years. James MacDonald/Bloomberg/Getty ImagesBut just as we are recognizing its untapped potential, seaweed is becoming increasingly vulnerable. California, Norway and Tasmania have all lost more than 80% of their kelp in recent years, the result of climate change, pollution and overfishing. If we learn to sustainably cultivate our ocean, we can contribute to feeding the entire global population while mitigating climate change and restoring biodiversity.

Persons: Vincent Doumeizel, Derek Davis, Dixie, Prannie Rhatigan, Rhatigan, Kate Waters, Natasha Breen, Jun Lee, Jonas Gratzer, James MacDonald Organizations: United Nations, Food, Lloyd’s Register, CNN, Southside Bakery, Portland Press Herald, Washington Post, University of Queensland, Bloomberg, Legend Press Locations: Portland, US, Washington , DC, Asia, Seoul, South Korea, Australia, Jakarta, British Columbia, Canada, California, Norway, Tasmania

☆ Some 70,000 child-care providers may close as federal aid ends, report finds. What that means for parents
▼ + stars: | 2023-09-12 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +6 min

Child care 'is a public good'Experts say that systemic change, such as broader parental leave and more public funding for child care, must be involved in order for child care to improve at a larger scale. The national annual cost of child care was about $10,853 for one child in 2022, the organization Child Care Aware of America found. In 2023, 67% of parents reported to spend 20% or more of their household income on child care, Care.com found. Use the benefits you have availableYour workplace may have some options to help you find care, such as backup care providers or on-site child care. Meanwhile, California, Colorado, Hawaii and New Mexico passed laws to provide universal preschool in the past year.

Persons: Lauren Rosenberg, Taryn Morrissey, Morrissey, Care.com, Katherine Gallagher Robbins Organizations: Portland Press Herald, Getty, U.S . Bureau of Labor Statistics, American University, U.S . Department of Labor, D.C, Strong, Society for Human Resource Management, District of Columbia, The National Partnership for Women, Washington, Washington , D.C, National Institute for Early Education Research Locations: Portland , Maine, Hamilton, America, Washington, U.S, California , Colorado , Connecticut, Delaware , Maine , Maryland , Massachusetts, Minnesota , New Jersey , New York , Oregon, Rhode Island, Washington ,, Florida , Iowa , Oklahoma , Vermont, West Virginia, Wisconsin, Georgia , Illinois, Maine, New York, , California , Colorado, Hawaii, New Mexico

☆ 8 US states offer free lunch for students. Here's how they pay for it, from a 4% millionaire's tax to a $0.03 property tax rate increase.
▼ + stars: | 2023-08-14 | by ( Chris Panella | ) www.businessinsider.com time to read: +6 min

Massachusetts is the latest state to expand free school lunch since a COVID-era program ended. Here's how eight states pay for free lunch for public school students. And Vermont's free meals program, which was allowed through in June 2023 by Gov. And while only a few US states now offer free lunch, some say the momentum for future programs across the nation is growing. "The availability of universal free meals during the pandemic absolutely changed that momentum."

Persons: Maura Healey, Erin McAleer, Joe Biden's, Phil Scott, Susan Caswell, WPBN, There's, Erika Edwards, EducationWeek Organizations: Service, Gov, CBS News, Massachusetts, Associated Press, Portland Press Herald, AP, MPR, Comstock Elementary School, Jefferson County Locations: Massachusetts, Wall, Silicon, California , Colorado , Maine , Michigan, Minnesota, New Mexico, Vermont, Colorado, California, . Maine, Mexico, Michigan, Southwest Michigan, Jefferson

☆ Make it a cool pickle summer with this easy method
▼ + stars: | 2023-08-05 | by ( Casey Barber | ) edition.cnn.com time to read: +8 min

Sure, you can preserve food with a more advanced water-bath canning method, especially if you’re planning to save your summer pickles for up to a year. Or add pickled vegetables such as green beans or cauliflower to a grain salad or grain bowl as a topping. While pickled vegetables are always welcome in pasta salad (and potato salad, for that matter), they also bring an unexpected zing to hot pasta recipes. Or add pickled shallots, broccoli or peppers to pesto-sauced noodles. And when it’s too hot to think of anything else to do, there’s always “snack dinner” with a variety of pickled vegetables to save the day.

Persons: CNN —, chow, Pickles aren’t, Kadir Kemal Behar, don’t, Dill, tarragon, Deb Lindsey, I’ve, Gregory Rec, there’s, Casey Barber Organizations: CNN, Anadolu Agency, Washington Post, Portland Press Herald

☆ Why it's so hard to build homes in your neighborhood
▼ + stars: | 2023-08-05 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +12 min

Single-family homes in Arlington, Massachusetts. Around 75% of residential land in the United States is zoned for single-family homes only. This has had the effect of encouraging ever-larger single-family homes and limiting housing options, like smaller houses. “You can’t just do it all with zoning reform,” Walla Walla City Manager Elizabeth Chamberlain told CNN. The second wave of single-family zoning laws spread during the 1970s, historians say, and the policies became more restrictive.

Persons: Suzanne Kreiter, ”, Jenny Schuetz, “, —, Ben McCanna, Joe Biden’s, Richard Kahlenberg, Kathy Hochul’s, Elizabeth Chamberlain, “ It’s, Nancy Kaye, William Fischel, Fischel, Carlos Avila Gonzalez, Yonah Freemark, we’re, ” Freemark Organizations: New, New York CNN, Boston Globe, Brookings Metro, Republicans, Portland Press Herald, Getty Images, ”, CNN, Homes, “, Dartmouth University, Homeowners, San Francisco Chronicle, AP, Pew Charitable Locations: New York, Arlington , Massachusetts, United States, “, Maine, Getty Images Minneapolis, Arlington , Gainesville, Charlotte, Walla Walla , Washington, Oregon , California, Washington , Montana, Connecticut , Arizona, ” Walla Walla City, Cities, Louisville , Kentucky, Flushing , Queens, America, San Francisco, Los Angeles , New York City, Seattle, Chicago , Philadelphia, Portland, Washington, Walnut Creek , California, Minneapolis, Portland , New Rochelle , New York, , Virginia, Towns, Walla, Walla Walla

☆ Who is RFK Jr.? Meet the controversial conspiracy theorist running against Joe Biden in the Democratic primaries
▼ + stars: | 2023-07-19 | by ( Talia Lakritz | ) www.businessinsider.com time to read: +1 min

A longtime anti-vaxxer, Kennedy continues to promote conspiracy theories about the COVID-19 pandemic. Robert F. Kennedy Jr. testifies during a public hearing about vaccine-related bills in 2015. In 2005, he wrote an article published on Salon claiming that the mercury-based thimerosal compound in vaccines causes autism. Kennedy founded the anti-vaccine group Children's Health Defense, originally named the World Mercury Project, in 2011. "COVID-19 is targeted to attack Caucasians and Black people," he said.

Persons: Kennedy, Robert F, Kennedy Jr, Carl D, Anne Frank Organizations: Walsh, Portland Portland Press, Getty, Salon, Health Defense, Mercury, Facebook, New York Times, New York Post Locations: Hitler's Germany, Switzerland, New York City

☆ Nonprofit Buys 22 Newspapers in Maine
▼ + stars: | 2023-07-11 | by ( Katie Robertson | More About Katie Robertson | ) www.nytimes.com time to read: +1 min

A nonprofit that aims to maintain local ownership for newspapers will buy 22 papers in Maine, including The Portland Press Herald and The Sun Journal of Lewiston. The National Trust for Local News, a nonprofit that was started in 2021, will buy the papers from Masthead Maine, a private company that owns most of the independent media outlets in the state, including five of its six daily papers. Masthead Maine’s owner, Reade Brower, had signaled this year that he was exploring a sale. The deal includes the five daily papers and 17 weekly papers, Elizabeth Hansen Shapiro, the chief executive of the National Trust for Local News, said on Tuesday. Ms. Hansen Shapiro said Maine residents had told her organization that there was an opportunity for nonprofit ownership after Bill Nemitz, a longtime Portland Press Herald columnist, asked readers in April to donate to help a nonprofit organization preserve local journalism in the state.

Persons: Reade Brower, Elizabeth Hansen Shapiro, Ms, Hansen Shapiro, Bill Nemitz Organizations: The Portland Press Herald, Sun, National Trust for Local News, Portland Press Herald Locations: Maine, Lewiston

☆ Americans aren't spending like they used to
▼ + stars: | 2023-06-29 | by ( Phil Rosen | ) www.businessinsider.com time to read: +5 min

You can also download the app to get notifications about our biggest markets stories. Spending has remained elevated even through the Fed's 10 straight rate hikes, but warning signs of a change have started to surface. That's going to further take the wind out of Americans' brisk spending over the last few years. From David Rosenberg to Rob Arnott, experts are sharing what the disruptive technology can mean for the economy, jobs, and stock market. The biggest companies and banks can't agree on where the stock market is heading next.

Persons: I'm Phil Rosen, You'll, let's, Derek Davis, Patek Pilippe, Audemars, Jerome Powell, Brian Moynihan, Morgan Stanley, Andy Ryan, Pablo Hernández de Cos, David Rosenberg, Rob Arnott, Stocks, Russell, Goldman Sachs, Phil Rosen, Max Adams, Hallam Bullock Organizations: Big Apple, Portland Portland Press, Getty, Rolex, Bloomberg, Bank of America, Bank of Spain, Fed, Wall Street, Royal, Nvidia, Tesla, Morningstar Locations: Madrid, Phoenix, Miami, Royal Caribbean, New York, London

☆ Scientists to test noise deterrents meant to scare orcas after a rapid rise in boat rammings
▼ + stars: | 2023-06-27 | by ( Marianne Guenot | ) www.businessinsider.com time to read: +4 min

Noise deterrents are being developed to scare orcas away from boats, a Portuguese trade association said. The association said sailors in the area are "afraid" to take their boats into Portuguese waters. Alfredo López of the Grupo de trabajo Orca Atlántica, which is collaborating with the Portuguese government, told Insider the work is in the very early stages. Noise deterrents typically work by emitting pulses of high-frequency sound to scare away sea creatures from an area. While types of acoustic deterrents exist, none are specifically designed to be used for orcas and sailboats, he said.

Persons: Orcas, —, Bessa de Carvalho, Alfredo López, López, Jelmer van Beek, Lusa, Lopez Organizations: Service, Privacy, National Association of Cruises, ANC, Portuguese Navy, Institute for, Grupo, Portland Press Herald, Apple Locations: Portuguese, orcas, Shetland, Scotland, Algarve, Portugal

The sexism that has prevented girls from competing in sports has also prevented women from becoming youth coaches. In March, Nike launched Coaching HER in a partnership with the University of Minnesota's Tucker Center for Research on Girls & Women in Sport. Fry co-founded the Strong Girls program at the University of Kansas, where young girls are assigned a female college student as their mentor. She says this approach isn't only benefit to girls, but extends to youth athletes of all genders, and female coaches as well. Nike's 20,000 female coach goal Nike is one of the few major companies directly addressing this issue.

Persons: John Donahoe, Mary Fry, Jen Welter, it's, Welter, Vanessa Garcia, Brito, Billie Jean King, Fry, Alison Oliver, … it'd, Kate Mcshane, Christina Collins, Collins, Bob Iger, Florida Governor Ron DeSantis, Donahoe, It's Organizations: Portland Press Herald, Nike, University of Kansas, Aspen Institute's, Olympic, University of Minnesota's, Center for Research, Girls, Sport, Aspen Institute, Tucker Center, Sports Foundation, Youth Sport, Women's Sports Foundation, Getty, Manhattanville College, Target, Disney, Bank of America, CNBC, Summit, Florida Governor Locations: Aspen, London, Hackney, Westchester County, Santa Barbara , California

☆ 5 things you think you know about killer whales that are actually wrong
▼ + stars: | 2023-05-22 | by ( Grace Eliza Goodwin | Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +5 min

But killer whales, or orcas, are actually members of the dolphin family. Killer whales aren't whalesKiller whales are not actually whales, but dolphins. The name "killer" whale isn't from killing humansOrcas are not called killer whales because they're whales that kill humans. Killer whales don't eat just anything that comes their wayContrary to popular belief, orcas are actually pretty picky eaters. Though killer whales may be misunderstood, you definitely shouldn't get a closer look at them.

☆ A Maine senator lays out why everyone should be a YIMBY: Building more housing could bring families extra income and help solve the labor shortage
▼ + stars: | 2023-04-22 | by ( Eliza Relman | ) www.businessinsider.com time to read: +5 min

Sen. Angus King, a Maine independent, told Insider the lack of affordable housing is "a national crisis." Maine is facing a severe shortage as it's welcomed a surge of new residents in recent years. The law also eliminated all single-family zoning, eliminates some regulatory restrictions on multi-unit homes, and incentivizes the construction of affordable housing. New Mainers, though welcomed in an aging state in need of more workers, have exacerbated the housing shortage. A lack of affordable housing is central: the state housing authority reported last year that the average price of a house in nearly every county in Maine was unaffordable for the average household income.

☆ These US port cities are fighting to restrict cruise ships. It's easier said than done.
▼ + stars: | 2023-04-05 | by ( Hannah Towey | ) www.businessinsider.com time to read: +4 min

The pandemic offered coastal communities across the US a taste of life without cruise ships. Now, port cities in Florida, Maine, Alaska, and California are fighting to limit or ban the vessels. A few weeks prior, Juneau, Alaska's city assembly voted to cap the number of cruise ships visiting the capital's downtown port at five per day. According to one study commissioned by Stand.earth, an environmental organization, found that cruise passengers visiting Victoria, a major Canadian cruise port, were responsible for less than 2% of tourism spending. Do you live or work near a US cruise port?

☆ Starbucks' Howard Schultz was the gold standard for good bosses everywhere. Then Gen Z worked for him.
▼ + stars: | 2023-04-04 | by ( Alex Bitter | ) www.businessinsider.com time to read: +7 min

Howard Schultz, the CEO of Starbucks at the time, then appeared with Clinton on a panel to discuss corporate responsibility. Schultz discussed his 1987 decision to offer Starbucks employees stock options and what he said was better healthcare than rivals, among other benefits. Starbucks workers participate in November's Red Cup Rebellion, a nationwide strike. Starbucks's health insurance option for part-time workers originates in a 1986 contract for unionized Seattle Starbucks workers that Schultz fought against at the time. Markey said that by unionizing, Starbucks workers are "just looking to be someone who can protect themselves in the way your father could not."

☆ Meet Laxman Narasimhan, a coffee industry outsider who just took over as CEO of Starbucks
▼ + stars: | 2023-03-20 | by ( Avery Hartmans | Nancy Luna | ) www.businessinsider.com time to read: +6 min

Laxman Narasimhan officially took over as Starbucks CEO, replacing Howard Schultz. Narasimhan is new to the coffee industry, having started his career in the consulting world before joining PepsiCo, and, later, British consumer goods company Reckitt Benckiser. Narasimhan built his career in the beverage and consumer-goods industriesLaxman Narasimhan at Starbucks Investor Day in September 2022. Starbucks said at the time that Narasimhan would begin as CEO on April 1, taking over for interim CEO Schultz. Of the 365 Starbucks stores that have held votes to unionize, 292 have voted to form a union.

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