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☆ I have 5 income streams and make $142,000/mo from Amazon alone: Top 3 side hustle mistakes I always tell others to avoid
▼ + stars: | 2024-04-17 | by ( Dr. Jenny Woo | ) www.cnbc.com time to read: +4 min

This side hustle saw me through the next five years while I completed my Ph.D. When I started, I didn't know much about running a business, but today, I have five income streams. I bring in $142,000 a month from the Amazon business alone. Don't overcomplicate your productWhen I started my side hustle, I had major imposter syndrome. So before you begin any side hustle, ask yourself two key questions: What is the fundamental need that my product or service fulfills?

Persons: I've, hustlers Organizations: University of California Locations: University of California Irvine

☆ Why do we toss coins into fountains?
▼ + stars: | 2024-03-30 | by ( Samantha Murphy Kelly | ) edition.cnn.com time to read: +5 min

CNN —All over the world, and for centuries, people have thrown coins into fountains, wishing wells and rivers for good luck. Some fountains collect thousands, or even millions, of dollars worth of coins each year. George Rose/Getty ImagesWhere the money goesSome well-known fountains can collect thousands of dollars in coins each year. According to an NBC report from 2016, the Trevi Fountain accumulated about $1.5 million in coins that year. A spokesperson for the Mall of America in Minneapolis told CNN the fountains collect about $25,000 each year.

Persons: It’s, “, Trevi, Bill Maurer, Maurer, “ It’s, ”, Stefan Krmnicek —, —, Pen Rhys, Ganesha, George Rose, Basil E, ” Maurer Organizations: CNN, UC Irvine, University of California Irvine’s School of Social Sciences, Century Fox, University of Tuebingen, Bellagio, Casino, NBC, Trevi, The Metropolitan Museum of Art, New York City, of, Disney Parks Locations: Rome, England’s Northumberland County, England, Turkey, Rome's, Germany, East Asia, Shanghai, Oxford, Las Vegas , Nevada, New York, of America, Minneapolis, America

No matter how much the world cuts back on carbon emissions, a key and sizable chunk of Antarctica is essentially doomed to an “unavoidable” melt, a new study found. Researchers used computer simulations to calculate future melting of protective ice shelves jutting over Antarctica’s Amundsen Sea in western Antarctica. How much melting can still be prevented by reducing emissions?” said study lead author Kaitlin Naughten, an oceanographer at the British Antarctic Survey. In each case, ocean warming was just too much for this section of the ice sheet to survive, the study found. That part of Antarctica “is doomed,” said University of California Irvine ice scientist Eric Rignot, who wasn’t part of the study.

Persons: ”, Kaitlin Naughten, it’s, Naughten, Eric Rignot, Ted Scambos, ” Naughten, Moon, Kate Marvel, ” ___ Read, Seth Borenstein Organizations: West, British Antarctic Survey, University of California, ” University of Colorado, Associated Press, Data, Twitter, AP Locations: Amundsen, Antarctica, ” West Antarctica, University of California Irvine

"It's very disturbing," study co-author Matthew Huber of Purdue University in the U.S. state of Indiana told Reuters. It found that around 750 million people could experience one week per year of potentially deadly humid heat if temperatures rise 2 degrees Celsius (3.6 degrees Fahrenheit) above preindustrial levels. At 4C of warming, Hodeidah, Yemen, would see around 300 days per year of potentially unsurvivable humid heat. WET-BULB THRESHOLDTo track such moist heat, scientists use a measurement known as "wet-bulb" temperature. Beyond this, people were likely to succumb to heat stress if they could not find a way to cool down.

Persons: Nico, Adrees Latif, Matthew Huber, Huber, George Mason, George Mason University climatologist Daniel Vecellio, Vecellio, Jane Baldwin of, Gloria Dickie, Andrew Heavens Organizations: Emergency Aid Coalition, REUTERS, U.S . Midwest, Purdue University, Reuters, George, George Mason University, National Academy of Sciences, Jane Baldwin of University of California Irvine, Thomson Locations: Houston , Texas, U.S, Delhi, Shanghai, U.S ., Indiana, India, Pakistan, Lagos, Nigeria, Chicago , Illinois, South America, Australia, Hodeidah, Yemen, London

Evacuated residents have been transferred to makeshift shelters in hotels and schools, according to state media reports. A woman sits next to a flooded road following heavy rains in Zhuozhou, in northern China's Hebei province on August 2, 2023. Jade Gao/AFP/Getty ImagesFlood control zonesSome 857,000 people have been relocated from these areas, state media reported. Under national rules, the cost of properties damaged due to the release of waters in flood control areas will be compensated by 70%. Floods inundate a village in Baoding city, Hebei province, on August 2, 2023.

Persons: Typhoon Doksuri, Jade Gao, ” Yang Bang, Yang, Ni Yuefeng, “, –, Cheng Xiaotao, Shao Sun, Sun, ” Organizations: Hong Kong CNN, Ministry of Water Resources, Getty, University of California, CNN, Sun Locations: Hong Kong, China’s Hebei province, Beijing, Tianjin, Hebei, Zhuozhou, China's Hebei, AFP, Hebei province, “, ”, Baoding, –, China, University of California Irvine, North China

☆ Disney accused in lawsuit of 'systematically' paying women less than men in California
▼ + stars: | 2023-07-01 | by ( Industry Insight | Corporate Attorneys Don T Want To Pay Law Firms For Chatgpt When They Could Use It Themselves | Zach Warren | ) www.reuters.com time to read: +2 min

[1/2] A screen shows the logo and a ticker symbol for The Walt Disney Company on the floor of the New York Stock Exchange (NYSE) in New York, U.S., December 14, 2017. REUTERS/Brendan McDermid/File PhotoJune 30 (Reuters) - Walt Disney (DIS.N) has been accused of systematically underpaying women in California in a lawsuit that alleges the company's female employees in the state earned $150 million less than their male counterparts over an eight year period. An analysis of Disney's human resource data from April 2015 through December 2022 has found female Disney employees were paid roughly 2% less than male counterparts, the filing said. Nine current or past Disney employees have joined the suit. Lower pay for women in California would breach the state's Equal Pay Act and the Fair Employment & Housing Act.

Persons: Brendan McDermid, Walt Disney, David Neumark, Shawna, Swanson, LaRonda Rasmussen, Lori Andrus, Dawn Chmielewski, Edwina Gibbs Organizations: Walt Disney Company, New York Stock Exchange, REUTERS, Disney, University of California Irvine, Housing, Thomson Locations: New York, U.S, California, Los Angeles

☆ Climate event El Niño could hit the economy from food prices to clothing sales this year
▼ + stars: | 2023-06-29 | by ( Samantha Delouya | ) edition.cnn.com time to read: +7 min

But that’s not the only effects expected: Combined with climate change, El Niño this year could dent US economic growth, potentially impacting everything from food prices to the winter clothing sales. Higher food prices are a common theme across El Niño events, according to a recent Deutsche Bank report. Dry weather has parched crops in El Salvador as the El Niño weather threatens food security. The last time there was an El Niño in 2018 through 2019, NOAA dubbed it “The Great Puny El Niño” due to its relatively weak impact on weather conditions. He projects that El Niño weather events could cause $84 trillion in economic losses in the 21st century.

Persons: Niño, that’s, ”, Christopher Callahan, ” Christopher Callahan, El, Lesley, Ann Dupigny, Giroux, Yi Yu, Linh Pham, Winters, Yu, Callahan, Simeon Siegel, “, Chris Scheuring, “ It’s, Camilo Freedman Organizations: CNN, Oceanic, Atmospheric Administration, NOAA, Dartmouth, Southern, University of Vermont, University of California, Southwestern, Vietnam Electricity Group, Bloomberg, Getty, Deutsche Bank, BMO Capital Markets, Dupigny, US Federal Aviation Administration, California Farm Bureau, La Union, Prediction Locations: Niño, University of California Irvine, Asia, Australia, Southwestern United States, Tri An, Vinh Cuu, Dong Nai Province, Vietnam, United States, rainier, El, Pasaquina, La, El Salvador

☆ Energy sector's COVID recovery turns into massive CEO payday
▼ + stars: | 2023-06-05 | by ( Tim Mclaughlin | ) www.reuters.com time to read: +8 min

Occidental said its CEO pay ratio follows the rules laid out by the U.S. Securities and Exchange Commission (SEC). IT'S RELATIVE WHEN IT COMES TO RETURNSTo be sure, the value of stock-based pay shrinks when markets sour. But most energy CEOs also have a measure of built-in protection from steep declines. That’s because about 90% of energy companies measure stock performance against others in the same industry who tend to suffer at similar times. Many energy companies are under pressure from investors to reform CEO pay, according to disclosures in their annual proxy statements.

Persons: Aeisha, Virginia Parks, Christina Noel, Darren Woods, Exxon, Michael Hennigan, ”, Rosanna Landis Weaver, Toby Rice, EQT, Phillips, ” Phillips, ” Mastagni, Richard Valdmanis, Anna Driver Organizations: Energy, California State Teachers, Marathon Petroleum, University of California Irvine, Occidental Petroleum Corp, Occidental, U.S . Securities, Exchange Commission, SEC, American Petroleum Institute, ExxonMobil, Services, Microsoft, Exxon, New York, EQT Corp, Reuters, Thomson Locations: U.S, California, Virginia, CalSTRS

☆ Why student-loan borrowers probably don't need to worry about a major lender's lawsuit to end the payment pause
▼ + stars: | 2023-03-12 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +6 min

Student-loan lender SoFi filed a lawsuit to end the student-loan payment pause. Still, it could place constraints on any additional debt relief Biden would implement down the road. After his relief's implementation was put on hold, Biden extended the student-loan payment pause. SoFi's case would likely complicate an additional payment pause extensionSoFi's complaint targeted the latest extension of the student-loan payment pause and didn't explicitly mention a potential further extension. Still, even as Democratic lawmakers have expressed their support for a continued payment pause until borrowers get relief, Republican lawmakers are not on board — some have introduced legislation to block another payment pause extension.

☆ How universities became giant piggy banks for hedge-fund billionaires
▼ + stars: | 2023-03-08 | by ( Catherine Liu | ) www.businessinsider.com time to read: +14 min

The move also marked the beginning of a new way to manage endowment funds. The arrangement has been a boon for the hedge-fund managers who received university endowment cash, but the benefits for the schools are trickier to parse. As Eaton put it in his book, universities directed funds to "wherever those allocations would generate the largest further investment returns." Eaton estimated in 2017 that tax breaks for university endowments cost federal coffers up to $19 billion a year. As the influence of billionaires and hedge-fund managers has grown, universities have moved further away from their ultimate goal: educating people.

☆ Ken Griffin just keeps winning
▼ + stars: | 2023-03-08 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

No, 4.1 billion represents the number of dollars Ken Griffin made from his hedge fund, Citadel, in 2022 alone. Griffin made more money in one hour than the average American makes in their lifetime! Oh, and one more thing: That's not even all the money Griffin earned in 2022! I've said before you could make the case for Griffin being the most powerful person on Wall Street. And check out this fascinating profile from Insider's Dakin Campbell on Ken Griffin.

☆ The case to block Biden's student-loan forgiveness keeps getting weaker, legal experts say
▼ + stars: | 2023-01-25 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +7 min

Some legal experts say the lawsuit's standing is questionable due to MOHELA's involvement. The latter case has had some legal experts particularly confounded due to the central role MOHELA has taken in the case. "There's no threat that Missouri may suffer harm to the Lewis and Clark fund when the Lewis and Clark fund hasn't been paid into for over a decade," Nahmias said. Even two law professors who believe Biden's plan to cancel student debt broadly is illegal aren't convinced by the states' lawsuit. "On one hand, when the state created MOHELA over 40 years ago, it made clear that MOHELA is separate," Nahmias said.

☆ Why 2 law professors who think Biden's student-loan forgiveness is illegal believe the GOP-led states that blocked the debt relief 'utterly lack standing'
▼ + stars: | 2023-01-15 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +5 min

Two law professors filed an amicus brief to SCOTUS regarding Biden's student-debt relief. They said they don't think the relief is legal, but the six GOP-led states who sued do not have standing. The states cannot use student-loan company MOHELA in this case, the professors said. The states "utterly lack standing for the remedy they received"Bray and Baude's central argument is that Missouri should not be bringing this lawsuit. If MOHELA will suffer revenue loss from loans it would have serviced prior to debt relief, then MOHELA is the entity that should be suing, they said.

☆ Black rappers call out double standard of using hip-hop lyrics as evidence in rapper Young Thug’s criminal trial
▼ + stars: | 2023-01-13 | by ( Safia Samee Ali | Safia Samee Ali Is A Reporter For Nbc News Digital | Based In Chicago. | ) www.nbcnews.com time to read: +11 min

Authorities had no physical evidence or weapon that linked Phipps to the shooting, and the then 22-year-old had no criminal record. Through her research Kubrin has found bias against rap music and artists, she said, adding that much of that bias is racialized. That means using lyrics from rap music, a historically Black genre, can infect jurors with anti-Black racism regardless of whether the defendant himself is Black, she said. Defending the practiceFulton County prosecutor Fani Willis, whose office is trying the case against Young Thug and other YSL members, has defended using music lyrics in trials. Gavin Newsom signed the Decriminalizing Artistic Expression Act, which made it the first state to restrict the use of rap lyrics as evidence in state court.

☆ California has been hammered with rain. It may not be enough to reverse its drought.
▼ + stars: | 2023-01-12 | by ( Evan Bush | Evan Bush Is A Science Reporter For Nbc News. He Can Be Reached At Evan.Bush Nbcuni.Com. | ) www.nbcnews.com time to read: +6 min

California counts on a system of about 1,400 human-made surface reservoirs and thousands upon thousands of miles of levees to manage surface water. During the recent storms, extreme drought has buffered some impacts of intense rainfall with plenty of space in the state’s largest reservoirs, which have withered under drought. Before the series of atmospheric rivers, it was storing less than 1 million acre-feet of water. In the Central Valley, Californians extract about 2 million acre-feet more than what returns to the ground, on average, every year, Lund said. California legislators in 2014 passed the Sustainable Groundwater Management Act, which requires local agencies to reach groundwater sustainability by 2042.

☆ If the Supreme Court strikes down student-loan forgiveness, it could have 'startling implications,' Biden says — and set a strange legal precedent going forward
▼ + stars: | 2023-01-08 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +6 min

Biden's administration filed its full legal defense of its student-debt relief plan to the Supreme Court. Student-loan company MOHELA is central to the lawsuit filed by six GOP-led states. The DOJ said that ruling in favor of the states' argument could set a strange legal precedent. She added that the states' standing is questionable, and she's concerned of the legal precedent it would set should the Supreme Court rule in their favor. Should the Supreme Court rule in favor of the states, it would have "startling implications," the filing said.

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