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☆ Chicago Is Tired of Waiting for Trains, and Thinks It Knows Who’s to Blame
▼ + stars: | 2024-05-22 | by ( Julie Bosman | ) www.nytimes.com time to read: +1 min

Until recently, Dorval R. Carter Jr. was another relatively unknown bureaucrat, a man who had quietly worked under three mayors as the president of the Chicago Transit Authority. These days, in the eyes of his many critics, he is the face of all that is wrong with the city’s public transportation system. “Yes, C.T.A. chief Carter needs to go,” Crain’s Chicago Business wrote in an editorial last month, saying that his agency was in a “shambolic state.” Gov. On Wednesday, the Chicago City Council is expected to introduce a resolution calling for Mr. Carter’s ouster — with a majority of council members in support of what is essentially a vote of no confidence.

Persons: Carter Jr, C.T.A, Carter, J.B . Pritzker, Carter’s, — Organizations: Chicago Transit Authority, Chicago Business, ”, Chicago City Locations: Dorval, Illinois

☆ House Panel Seeks F.B.I. Investigation Into Doping by Chinese Swimmers
▼ + stars: | 2024-05-22 | by ( Michael S. Schmidt | Tariq Panja | ) www.nytimes.com time to read: +1 min

The House select committee on China has asked the Justice Department and F.B.I. to investigate reports that Chinese authorities covered up positive doping tests for nearly half the swim team it sent to the last Olympic Games and that the global antidoping regulator failed to take action. “This scandal raises serious legal, ethical and competitive concerns and may constitute a broader state-sponsored strategy by the People’s Republic of China (P.R.C.) to unfairly compete at the Olympic Games in ways Russia has previously done,” the panel’s chairman, Representative John Moolenaar, Republican of Michigan, and its senior Democrat, Representative Raja Krishnamoorthi of Illinois, said in a letter to Attorney General Merrick B. Garland and the F.B.I. The letter could put additional political pressure on the Justice Department and Federal Bureau of Investigation to ratchet up scrutiny of China’s athletic program and the organization responsible for policing the use of banned performance enhancers, the World Anti-Doping Agency, just two months before the 2024 Summer Games in Paris.

Persons: John Moolenaar, Raja Krishnamoorthi, General Merrick B, Garland, Christopher A, Wray Organizations: Justice Department, Olympic Games, Olympic, Republican, Federal Bureau of, Doping Agency Locations: China, Russia, People’s Republic of China, Michigan, Illinois, Paris

Multiple fatalities and some injuries have been reported in the small city of Greenfield, Iowa – about 50 miles southwest of Des Moines – after a tornado carved a devastating path through the community Tuesday evening, Iowa State Patrol spokesperson Sgt. “There is basically nothing left,” Clel Baudler, a former Iowa state representative who lives a half mile from Greenfield, told CNN on Tuesday. Power outages across Iowa, Wisconsin and Illinois left nearly 200,000 homes and businesses in the dark as of Tuesday night, according to PowerOutage.us. A few tornadoes could strike from Texas to Arkansas, but hail and powerful winds are possible anywhere along the storms’ path. Heaps of rubble blanket Greenfield, Iowa, after a tornado touched down Tuesday.

Persons: Alex Dinkla, Dinkla, Clel, Kim Reynolds, Charlie Neibergall, Valerie Warrior, KCCI, “, ”, “ They’ll, CNN’s Jessica Jordan, Sara Smart, Amy Simonson Organizations: CNN, Midwest, Des Moines, Iowa State Patrol, Storm Prediction Center Locations: Iowa, Greenfield , Iowa, Des, Greenfield, Iowa , Wisconsin, Illinois, Texas, Vermont, Ohio, Great, Arkansas, Oklahoma, Dallas, Fort Worth, Nashville, St, Louis, Memphis, Cleveland, Tulsa, Columbus, Iowa , Minnesota , Wisconsin, Western Iowa, Prescott, Adams County, Montgomery County

☆ Weekly mortgage refinance demand revives as interest rates fall to 7-week low
▼ + stars: | 2024-05-22 | by ( Diana Olick | In Dianaolick | ) www.cnbc.com time to read: +2 min

Mortgage interest rates fell for the third straight week last week, sparking increased demand for refinances. Total mortgage application volume rose 1.9% compared to the previous week, according to the Mortgage Bankers Association's seasonally adjusted index. Applications to refinance a home loan rose 7% for the week and were 21% higher than the same week one year ago. Rates last week were just 32 basis points higher than they were a year ago, and that gap has been shrinking. While higher mortgage rates certainly hurt affordability, today's buyers are still facing very low supply and stiff competition, which fuels bidding wars.

Persons: Joel Kan, Matthew Graham Organizations: Mortgage, Federal Reserve, Mortgage News Locations: Hawthorn Woods , Illinois

☆ Wealth inequality starts at birth. Lawmakers debate whether child savings accounts can help
▼ + stars: | 2024-05-21 | by ( Lorie Konish | ) www.cnbc.com time to read: +2 min

An unequal distribution of wealth in the U.S. can make it so some children are behind from birth. Now lawmakers are considering whether federal children's savings accounts can help. One proposal — the 401Kids Savings Act — would create savings accounts for all newborns. Children's savings accounts are currently available statewide in seven states — California, Illinois, Maine, Nebraska, Nevada, Pennsylvania and Rhode Island. At the end of last year, there were 121 children's savings account programs in 39 states serving 5.8 million children.

Persons: Warren Buffett's, Sen, Ron Wyden, Mike Crapo, Crapo Organizations: Finance, Senate Finance Locations: U.S, — California , Illinois, Maine , Nebraska , Nevada , Pennsylvania, Rhode, Oregon, Idaho

☆ Here's how to buy renewable energy from your electric utility
▼ + stars: | 2024-05-21 | by ( Greg Iacurci | ) www.cnbc.com time to read: +7 min

In the voluntary market, customers buy renewable energy in amounts that exceed states' minimum requirements from utility companies. Customers in these programs — also known as utility green power programs — pay their utility a "small premium" to get electricity from renewable sources, according to the U.S. Energy Department. Green power marketing programs Consumers in some states can also opt into "green power marketing programs." watch nowGreen energy programs instead rely on "renewable energy certificates," or RECs. It's a way to provide extra funding to a renewable energy project, typically sold by a broker or marketer rather than a utility, Sumner said.

Persons: Mark Felix, Jordan Vonderhaar, Jenny Sumner, It's, Joe Raedle, Loren Elliott, —, Sumner, Valerie Macon, Joydeep Mitra, Mitra Organizations: Afp, Getty, U.S . Energy Information Administration, National Renewable Energy Laboratory, Environmental Protection Agency, Roadrunner, Bloomberg, U.S . Department of Energy, Getty Images, U.S . Energy Department, Yale University's, EPA, Michigan State University Locations: Dawson , Texas, U.S, McCamey , Texas, Solano County , California, California , Connecticut, Delaware , Illinois, Maine , Maryland , Massachusetts, Michigan , New Hampshire , New Jersey , New York , Ohio, Pennsylvania, Rhode Island , Texas, Virginia, California, Imperial , California

☆ We're encouraged by an activist's willingness to buy an Abbott rival, look past baby formula suits
▼ + stars: | 2024-05-21 | by ( Jeff Marks | ) www.cnbc.com time to read: +5 min

Baby formula suits : Activist investor group Eminence Capital has built a stake of at least 0.5% in Reckitt Benckiser, according to the Financial Times. Eminence's reported position follows Reckitt's selloff to an all-time low in March on concerns about baby formula litigation. Abbott makes a competing baby formula and faces similar lawsuits, alleging the companies failed to warn about the risks of their products. ABT YTD mountain Abbott YTD Abbott's next baby formula event is a state trial in St. Louis that begins in July. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER .

Persons: Jim Cramer, Eminence's, Reckitt's, Abbott, we've, Reckitt, ABT, YTD Abbott's, Louis, we're, We're, Jim Cramer's, Jim Organizations: CNBC, Nvidia, Blackwell, Eminence, Financial Times, Abbott Labs, TJX, Target, Devices, Jim Cramer's Charitable Locations: Reckitt Benckiser, Illinois, Reckitt, St, Maxx, Williams, Sonoma

☆ As their customers age, Macy's, Kohl's and Nordstrom are chasing younger shoppers
▼ + stars: | 2024-05-20 | by ( Melissa Repko | In Melissa-Repko | ) www.cnbc.com time to read: +7 min

In this article JWNKSSM Follow your favorite stocks CREATE FREE ACCOUNTSignage of Macy's, Kohl's and Nordstrom retail stores. Department stores like Macy's , Kohl's and Nordstrom face an existential crisis, as they try to persuade investors to bet on their futures while sales slow and their core customers age. Melissa Repko | CNBCTo attract younger shoppers, Kohl's is adding trendier clothing for teens, opening more Sephora shops and bulking up its baby department. At the same time, Macy's is trying to go where younger shoppers are, including suburban strip malls and beauty aisles. The company plans to open up to 30 of its smaller off-mall Macy's stores over the next two years.

Persons: hasn't, Nordstrom, Oliver Chen, Cowen, Chen, Kohl's, Melissa Repko, Tom Kingsbury, Maxx, Kingsbury, Macy's, It's, Tony Spring, He's, TD Cowen's Chen, Scott Olson Organizations: Nordstrom, Getty Images Department, Department, Wall, Baby Boomers, Boomers, CNBC, Target, Costco, Getty Locations: Kohl's, Macy's, Sephora, Bluemercury, Bloomie's, Zara, Chicago , Illinois

☆ With JPMorgan, Mastercard on board in biometric 'breakthrough' year, you may soon start paying with your face
▼ + stars: | 2024-05-20 | by ( Todd Wasserman | ) www.cnbc.com time to read: +5 min

In January, Steak 'N Shake, a fast-casual restaurant in the Midwest, started installing facial recognition kiosks in its 300 locations for patron check-in. "We believe our partnership with JPMorgan is a watershed moment for biometric payments as it represents the first time a leading merchant acquirer has agreed to push biometric payments to its merchant customers," Miller said. "JPMorgan brings the kind of credibility and assurance that both merchants and consumers need to adopt biometric payments." The majority still prefer fingerprint scans to facial recognition, according to a 2023 survey from PYMENTS, but age is a factor. Juniper Research forecasts over 100% market growth for global biometric payments between 2024 and 2028, and by 2025, $3 trillion in mobile, biometric-secured payments.

Persons: PopID, Dennis Gamiello, John Miller, Miller, acquirer, Sheldon Jacobson, Jacobson Organizations: Foods, Mastercard, NEC, Target, AliPay, KFC, JPMorgan, Consumers, Juniper Research, University of Illinois, Facebook Locations: Flippy, Pasadena , Calif, Midwest, Brazil, Asia, Pacific, Illinois, China, McDonald's, U.S, Urbana, Champaign

☆ Millions are at risk for severe weather as storms could bring tennis ball-sized hail today
▼ + stars: | 2024-05-19 | by ( Dalia Faheid | ) edition.cnn.com time to read: +5 min

CNN —Millions across parts of the Central Plains are at risk for severe weather Sunday that could bring tornadoes, tennis ball-sized hail and damaging winds to the area. “Destructive wind swaths of 80-100 mph may occur, with localized extreme gusts exceeding 100 mph possible,” the Storm Prediction Center warned. The severe weather in Houston Thursday included a derecho with 100 mph winds. “Scattered severe storms are expected to affect the region Sunday afternoon and evening,” the National Weather Service in Wichita said. Through early next week, the Central US faces an increasing threat of severe weather and excessive rainfall, according to the National Weather Service.

Persons: “ We’re, Matt Elliott, “, Storms Organizations: CNN, Storm, Storm Prediction Center, Storm Prediction, National Weather Service Locations: Central, Gulf Coast, Plains, United States, Florida, Georgia, South Carolina, Central Plains, Houston, Kansas, Dodge City, Salina, Hutchinson, Garden City, Hays, Wichita, Michigan , Wisconsin, Illinois, Chicago, Detroit, Mississippi, Lower Michigan, Harris County

☆ PGA Championship analysis: 10 notes to know on Xander Schauffele’s win
▼ + stars: | 2024-05-19 | by ( Justin Ray | ) www.nytimes.com time to read: +9 min

AdvertisementHere are the top numbers and notes to know from the final round of the 106th PGA Championship. At 20-under, DeChambeau became the first player to shoot minus-20 or lower in a major championship and not win. Morikawa was looking to join Woods as the only men to win the PGA Championship twice in their first five tries in the stroke play era. Tied with Morikawa in fourth place was Thomas Detry, who enjoyed the best finish of his young major championship career. One day after recording his first over-par score since August, Scottie Scheffler finished his chaotic PGA Championship week with a more familiar 65.

Persons: it’s, Xander Schauffele, Schauffele, Bryson DeChambeau, Brooks, he’s, Rory McIlroy, Tiger Woods, Woods, DeChambeau, Brendan Steele, McIlroy, — DeChambeau, Dustin Johnson, Jack Nicklaus, That’s, Viktor Hovland, Henrik Stenson, Johnson, Collin Morikawa, Morikawa, Thomas Detry, Scottie Scheffler’s, Matt Stone, Scottie Scheffler, Scheffler, Tom Watson, Justin Thomas, Thomas, JT, Wanamaker, Jordan Spieth, Spieth, Martin Kaymer, Larry Nelson, Hal Sutton, Ben Crenshaw, Andy Lyons Organizations: Valhalla Golf, PGA, 106th PGA, Bethpage, Valhalla, U.S . Amateur, PGA Championship, Riviera, Mexico, American Express, Puerto Rico, PGA Tour, Amateur, Big, Scheffler, Southern Hills, U.S, U.S ., 124th U.S ., Getty Locations: Valhalla, Vidanta, U.S, Pinehurst, Illinois, USA, Kentucky, Koepka, Shinnecock, Bellerive

☆ Meet WiFi Money: Wealthy Finance Influencers Who Infuriated Investors
▼ + stars: | 2024-05-19 | by ( Rob Price | ) www.businessinsider.com time to read: +26 min

The Texas couple were staring down more than $100,000 in debt, much of which they had poured into WiFi Money. Those who give their money to WiFi Money are often encouraged to sign up other people in return for a cut of their profits — and perhaps, one day, a chance to become part of the WiFi Money crew. As the money poured in, WiFi Money gained a patina of mainstream credibility. AdvertisementThrough WiFi Money, Moeller and Frederick had created a virtuous cycle of money and influence. The same month investors took WiFi Money to court over the stores, DBC announced it was closing down.

Persons: Alex Moeller, influencer, Jasmine Sadry, Joey Martin, Martin, Moeller, Chris Frederick, Casa Moeller Martinez, MentorCI, Kim Kardashians, Gary Vee, Uber, Etsy, Farnaz Ghaedipour, Frederick, Jay Gatsby, Scott Fitzgerald's, Brandon Celi, There's, Billy, Chris Casey, There's Todd Cahill, Liz Friesen, Tana Mongeau, Kardashian, —, James Ragano, BI Moeller, wouldn't, Kyle McDougal, Sadry, Kyncey, McDougal, hustlers, Kevin O'Leary, Jordan Belfort, Ronaldinho, Glenn Beck, I've, he'd, Daemon, I'm, they'd, It's, Chris Costello, Francis, Ashley, Costello, Gatsby, Casey, Avery Williamson, Victor Bermudez, DBC, They're, Instagram, Rolex Submariner Organizations: WiFi, Lamborghini, McLaren, Fox News, YouTube, Invest, Stanford University, PBS, BI, Social, Yahoo Finance, Business, Times, Piccadilly Circus, Fort, DMs, Kyncey Investments, Amazon, Kyncey, Investors, CNN, Fox Business, Big Tech, Florida Tropics Soccer Club, Royce, WiFi Money, Federal Trade Commission, WifiMoney, IRS, NFL, Dallas, Rolex Locations: Instagram, Mexico, Texas, Dallas, Quito, Ecuador, @amoeller, Florida, pecs, Maryland, Europe, Illinois, Mita, Burj, Fort Worth, dropshipping, Brazilian, New York City, ensconced, Minnesota, Los Angeles, Munich

☆ Former Augusta National Golf Club employee pleads guilty to stealing millions worth of Masters memorabilia and merchandise
▼ + stars: | 2024-05-18 | by ( Samuel Joseph | Sam Joseph | ) edition.cnn.com time to read: +4 min

CNN —A former employee of the Augusta National Golf Club (ANGC) in Georgia has pleaded guilty to stealing millions worth of Masters Tournament merchandise and memorabilia. A view of a Members Only sign outside of Augusta National Golf Club prior to the 2024 Masters Tournament on April 7. The 11th green is prepared prior to the 2024 Masters Tournament at Augusta National Golf Club on April 6. CNN has contacted Augusta National for further comment. Unlike the other majors, The Masters is played at the same course every year, with Augusta National hosting the event since the year it was founded.

Persons: CNN —, Richard Globensky, Globensky’s, Arnold Palmer, Gene Sarazen, Ben Hogan, Globensky, Bobby Jones, Andrew Redington, “, Maddie Meyer, Tom Church, Scottie Scheffler Organizations: CNN, Augusta National Golf, District of Illinois Eastern, Masters, Augusta National, United States Attorney’s Office, Prosecutors, Augusta National Golf Club, PGA, U.S . Locations: Georgia, Chicago, Augusta, Florida

☆ The Mrs. defense: powerful men blaming their wives
▼ + stars: | 2024-05-18 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +5 min

“I had no involvement whatsoever in the flying of the flag,” Alito said in a written statement to The New York Times, which first reported the story this week. A Supreme Court justice being unmasked as having a partisan tilt wouldn’t be illegal – just awkward and icky. Shannon Stapleton/ReutersCouples behaving badlyFormer Rep. Duncan Hunter, a California Republican, pioneered the Mrs. defense when he and his wife were both accused of funneling campaign funds for private use. A unanimous US Supreme Court, including Alito, later vacated the governor’s conviction and narrowed the scope by which prosecutors can pursue bribery allegations. The Mrs. defense could conceivably be turned on its head and used by a powerful woman to blame her husband.

Persons: Samuel Alito doesn’t, Joe Biden, Donald Trump, Alito, “, ” Alito, Ann, Alito won’t, Clarence Thomas ’, Ginni, Thomas, Menendez ‘, Sen, Bob Menendez, Nadine, Menendez, Nadine Menendez, Menendez’s, Shannon Stapleton, Duncan Hunter, Margaret, Trump, Henry Cuellar, Imelda, ”, . Cuellar, Jesse Jackson Jr, Sandra, Bob McDonnell, Maureen, Cori Bush, Bush, Kim Taylor, Jeremy Taylor Organizations: CNN, New York Times, House, New, New Jersey Democrat, California Republican, Texas Democrat, Illinois Democrat, Former Virginia Gov, Republican, Missouri Democrat, Supervisors Locations: New Jersey, New York, Manhattan, New York City, California, Texas, Illinois, Missouri, Washington, Iowa, Woodbury County

☆ Supreme Court Justice Alito urged to step off Trump election case over U.S. flag controversy
▼ + stars: | 2024-05-17 | by ( Dan Mangan | ) www.cnbc.com time to read: +1 min

Associate Justice Samuel Alito poses during a group photo of the Justices at the Supreme Court in Washington, April 23, 2021. The chair of the Senate Judiciary Committee on Friday urged Supreme Court Justice Samuel Alito to recuse himself from considering cases related to the 2020 election, including the question of former President Donald Trump's immunity from criminal prosecution, because of controversy over an upside-down U.S. flag that flew outside Alito's home after the election. "Flying an upside-down American flag — a symbol of the so-called 'Stop the Steal' movement — clearly creates the appearance of bias," said Durbin, the Illinois Democrat who heads the Judiciary Committee. "Justice Alito should recuse himself immediately from cases related to the 2020 election and the January 6th insurrection, including the question of the former President's immunity in U.S. v. Donald Trump, which the Supreme Court is currently considering," Durbin said in a statement. "The Court is in an ethical crisis of its own making, and Justice Alito and the rest of the Court should be doing everything in their power to regain public trust."

Persons: Samuel Alito, Donald Trump's, Sen, Dick Durbin, Alito, Durbin, Donald Trump, Justice Alito Organizations: New York Times, Illinois Democrat, Committee Locations: Washington, Virginia

☆ Election Updates: Trump will speak at a Minnesota fund-raiser, hoping the state’s political divide will put it in play.
▼ + stars: | 2024-05-17 | by ( Jonathan Weisman | ) www.nytimes.com time to read: +6 min

On Friday, the former president will be back, speaking at a fund-raising dinner for the Minnesota Republican Party in St. Paul that is open only to paying guests and invited media. Whether the visit is a feint to draw Democratic dollars to the state or a true effort to expand the electoral map, only the Trump campaign knows. The Trump campaign believes it can capitalize on — or foment — a backlash to the leftward march of the Twin Cities and still-fresh memories of the unrest after the killing of George Floyd. “We have a real opportunity to expand the map here,” Chris LaCivita, a senior Trump campaign adviser, told The Associated Press ahead of Mr. Trump’s visit. In an interview with a conservative radio station in March, Mr. Trump falsely claimed he won Minnesota in 2020.

Persons: Donald J, Trump, Hillary Clinton, Paul, ”, Angie Craig, Richard M, Nixon, Trump’s, Clinton, Biden, “, Pete Stauber, Donald Trump, Dean Phillips, Phillips, Mr, Jack Rendulich, Collin Peterson, Rick Nolan, Stauber, Tim Walz, George Floyd, Ilhan Omar, Floyd’s, Chris LaCivita, Jim Manley, Barack Obama, Tim Pawlenty, Minnesota’s Organizations: Minnesota Republican Party, Trump, Republican, Republicans, Democratic, ”, Democrat, Mr, Associated, Agriculture, Democratic Socialists of America, City Council, Democrats, Twin, Alpha, Associated Press, North, North Carolina, Midwest, Minnesota Locations: Minnesota, St, Minneapolis, Paul, ” Minnesota, Northeast Minnesota, Twin Cities, Democratic, City, Gaza, North Carolina, Illinois

☆ Justice Samuel Alito blames upside-down American flag on his wife and a flap with neighbors
▼ + stars: | 2024-05-17 | by ( John Fritze | Holmes Lybrand | ) edition.cnn.com time to read: +7 min

Alito said that a neighbor had posted a sign saying “F**k Trump” near a school bus stop and then a sign attacking his wife, Martha-Ann Alito. The upside-down flag was a symbol for former President Donald Trump’s supporters who falsely claimed widespread fraud in the presidential election. A spokeswoman for the Supreme Court has not respond to CNN’s requests for comment. “Flying an upside-down American flag — a symbol of the so-called ‘Stop the Steal’ movement — clearly creates the appearance of bias,” Durbin said in a statement. Renewed calls for ethics reformThe Supreme Court is weighing major cases this term tied to the 2020 election and the attack on the Capitol.

Persons: Samuel Alito, Alito, Martha, Ann Alito, Fox, Donald Trump’s, Tim Walz, “ I’m, Joe Biden’s, “, ”, “ It’s, Trump, Hank Johnson, Clarence Thomas, ” MAGA, Thomas, ” Johnson, ” Sen, Dick Durbin, ” Durbin, Sen, Tom Cotton, Carolina Sen, Lindsey Graham, Jack Smith’s, John Roberts, Sheldon Whitehouse, ” Whitehouse, Roe, Wade, Renee Knake Jefferson, ” Jefferson Organizations: CNN, Fox News, Trump, Democratic, Capitol, Minnesota Gov, New York Times, Times, Gadsden, Georgia Democrat, Committee, Illinois Democrat, Republicans, Arkansas Republican, Republican, Congress, Supreme, Rhode, Rhode Island Democrat, ”, University of Houston Law Center Locations: Minnesota, Alexandria , Virginia, Washington, DC, Georgia, House, Arkansas, ”, Carolina, Rhode Island

☆ Scientists uncover ‘striking’ ancient arachnid that had large spiky legs
▼ + stars: | 2024-05-17 | by ( Issy Ronald | ) edition.cnn.com time to read: +4 min

CNN —The idea of coming face to face with a spider-like creature unexpectedly is enough to fill any arachnophobe with horror, let alone encountering one with large, spiky legs. The newly discovered long-extinct species is described as a “large spider-like arachnid” with “distinctive large spines on the legs” by the study’s authors. They were unable to place the creature within any known arachnid order due to the specimen’s lack of mouthparts, which scientists use to classify them. “You see sort of spiny legs in some arachnids, but we’ve never seen one that really has these big spines all the way along, at least the first parts of the legs. Scientists think the spiny legs were for defensive purposes.

Persons: we’ve, ” Dr, Jason Dunlop, Naturkunde, “, Bob Masek, David Douglass, Paul Selden, Dunlop, you’ve, ”, ” Dunlop, Douglass Organizations: CNN, Paleontology, Field Locations: what’s, Illinois, Masek, North America, Northern Europe, Europe

☆ She flew a record-breaking US flight – but it was kept secret for years
▼ + stars: | 2024-05-16 | by ( Jacopo Prisco | ) edition.cnn.com time to read: +13 min

There were no women flying, there were no female airline pilots. A historic moment, kept secretRippelmeyer and Captain Emilie Jones before a flight with Air Illinois, where they became the first all-female crew of a scheduled flight in the United States. So that’s what we did.”It was December 30, 1977, and that was the first scheduled flight in the United States with an all-female crew – but it was kept a secret. At least, “since nobody died,” Lippenmeyer says, the two were no longer intentionally kept apart and flew together many more times. “My first 747 flight was to London and then my last 787 flight was to London,” she says.

Persons: CNN — Lynn Rippelmeyer’s, “, ”, Rippelmeyer, Bonnie Tiburzi, Emily Warner, Frontier –, Emilie Jones, Lynn Rippelmeyer Rippelmeyer’s, — Emilie, ” Rippelmeyer, ” Lippenmeyer, Lynn Rippelmeyer, Ozark Air Lines —, Carl Hirschberg, we’d, that’s, doesn’t, ” “, I’m, furloughed, wasn’t, didn’t, ” – Organizations: CNN, TWA, Boeing, Piper, American Airlines, Frontier, Air Illinois, Air, Airlines, Ozark Air Lines, World Airlines, TWA –, People Express, People, London Gatwick, Continental, Central America, United Airlines, Continental Airlines, Aviation Locations: Mississippi, Vermont, United States, Miami, Air Illinois, Air, JFK, ”, Newark, London, Polynesia, California, Texas, Houston, Tegucigalpa, Honduras, Central

☆ Democrats Aim for a Breakthrough for Black Women in the Senate
▼ + stars: | 2024-05-16 | by ( Jonathan Weisman | ) www.nytimes.com time to read: +1 min

Carol Moseley Braun, one of only two Black women to have been elected to the Senate in U.S. history, was in Paris on Wednesday when she was informed that another Black woman, Angela Alsobrooks, had won the Democratic nomination for an open Senate seat in Maryland. “That’s wonderful.”With Ms. Alsobrooks’s come-from-behind victory in Tuesday’s primary, voters in November will most likely have the chance to double the number of Black women ever elected to the Senate. Another Democrat, Representative Lisa Blunt Rochester, is the odds-on favorite to win her party’s nomination in September for an open Senate seat in heavily Democratic Delaware. If both win in November, for the first time, two Black women will serve in Congress’s upper chamber at the same time. Representative Barbara Lee, a seasoned political veteran and an antiwar icon, received barely a glance from the party apparatus this year when she ran for an open Senate seat in California.

Persons: Carol Moseley Braun, Angela Alsobrooks, ”, “, Alsobrooks’s, Lisa Blunt Rochester, “ It’s, Moseley Braun, Kamala Harris, Laphonza Butler, Barbara Lee Organizations: Senate, Democratic, “, Democrat, United States African Development Foundation, Democratic Party Locations: Paris, Maryland, Tuesday’s, Democratic Delaware, Illinois, California

☆ Meet a couple with 5 kids who are barely making it despite working 4 jobs: 'It shocks me that $100k feels like poverty'
▼ + stars: | 2024-05-16 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +7 min

April Schultz, 40, and her husband Kevin, 45, bring in $130,000 a year in gross income combined between their four jobs and side gigs. Still, Schultz said it shocks her that such an income "feels like poverty." "We shouldn't have to have four jobs in one family," Schultz said. She said that while there are job opportunities in her area, most don't pay enough for the area's cost of living. They both anticipate downsizing once their kids have moved out and relocating to a more rural and cheaper place.

Persons: Schultz, Kevin, — Schultz, ALICE —, Stephanie Hoopes, United For ALICE, She's, Louis, she's, there's, We've, they're, they've, hasn't, It's, we've Organizations: Service, Costco, United For, Department of Defense, Scott Air Force Base, Amazon, Netflix, USDA, Aldi, Sam's Locations: California , Arizona, Minnesota, Idaho, Mascoutah , Illinois, St, Illinois, Missouri

☆ FDA approves Amgen's treatment for most deadly form of lung cancer
▼ + stars: | 2024-05-16 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +3 min

In clinical trials, Amgen's drug has been shown to reduce tumor growth and help people with small-cell lung cancer live significantly longer. Of the more than 2.2 million patients who are diagnosed with lung cancer worldwide each year, small-cell lung cancer comprises 15%, or 330,000, of those cases, Amgen said. There are around 35,000 patients with small-cell lung cancer in the U.S., Dr. Jay Bradner, Amgen's chief scientific officer, told CNBC. Small-cell lung cancer usually starts in the airways of the lung and grows rapidly, creating large tumors and spreading throughout the body. Maida Mangiameli, a small-cell lung cancer advocate and patient mentor from Naperville, Illinois, is also a survivor of the devastating disease.

Persons: Amgen, Jay Bradner, Bradner, Lynne Bell, Amgen's, Bell, I'm, Maida, Mangiameli, Amgen's Bradner Organizations: Drug Administration, of Cancer, CNBC, American Cancer Society Locations: U.S, Atlanta , Georgia, Naperville , Illinois

☆ Wayfair to open its first large store, as physical locations make a comeback
▼ + stars: | 2024-05-16 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +10 min

Wayfair follows other direct-to-consumer brands that have opened stores, including Warby Parker , Figs , Casper, Glossier and Everlane. In the early 2010s, new store openings largely outpaced closures, until the tide turned in 2017. Jeenah Moon | Bloomberg | Getty ImagesOther privately held direct-to-consumer brands have also expanded into retail stores, including bedding company Brooklinen, furniture store Burrow and apparel brands Everlane and Untuckit. High cost of entryIf direct-to-consumer brands could all open stores and suddenly boost sales and profitability, they'd all be doing it. Courtesy: WayfairSome direct-to-consumer brands have already been burned after they expanded too quickly and demand fell.

Persons: Niraj Shah, Wayfair, Warby Parker, Glossier, They're, Larry Cheng, It's, you'll, Liza Lefkowski, Shah, Coresight, John Mercer, Coresight's, Trina Spear, Spears, King, King of Prussia, Rebecca Fitts, Alvarez, Tolia, Allbirds, Al Drago Organizations: CNBC, Apple iOS, Companies, Walmart, Target, Joss, Discount, TJX, Bloomberg, Getty, Marsal, Washington , D.C Locations: Wilmette , Illinois, Chicago, Casper, Amazon, U.S, Coresight Research's, Burlington, Los Angeles, Philadelphia, King, King of Prussia , Pennsylvania, Georgetown, Washington ,

Stock Chart Icon Stock chart icon The Dow, all-timeThe average was created by Charles Dow in 1896 with just 12 industrial stocks. Paired with the Dow Jones Transportation Average , the two were collectively meant to offer a gauge for the broader economy. The sole caveat: No utility or transportation stocks are included, given the existence of the Dow Jones Utility Average and Transportation Average. 1972: Dow hits 1,000It may be hard to imagine given the recent achievement, but the Dow traded below 1,000 until the early 1970s. The Dow saw its worst year since 2008 in 2022, though 2023's rebound allowed the index to erase those losses.

Persons: Spencer Platt, Dow, Charles Dow, There's, Richard Nixon, Alcoa Esmark, Du Pont, Dow didn't, Walt Disney, Eastman Kodak Merck Alcoa ExxonMobil Phillip Morris, T General Motors Sears, Morgan, Phillip Morris, Walmart Du Pont J.P, Morgan Chase Walt, Donald Trump, General Electric Nike American Express Goldman Sachs, Morgan Chase, Johnson, Joe Biden, Trump, Goldman Sachs, Gamble Amgen, — Organizations: New York Stock Exchange, Getty, Dow Jones, Dow Jones Transportation, P Global, Dow, CNBC, General Foods, Harvester, Chevron, Procter, Gamble, Alcoa, Manville, ExxonMobil, Illinois Glass American Tobacco General Electric Procter, General Foods Sears Roebuck AT, T General Motors Texaco Bethlehem Steel, T General Motors Texaco Bethlehem Steel Goodyear Union Carbide Chevron Honeywell United Technologies Chrysler International Harvester US, Nickel Westinghouse Electric Eastman Kodak International, Woolworth, Oasis, Eastman Kodak Merck Alcoa ExxonMobil, Express General Electric Procter, Gamble AT, T General Motors, T General Motors Sears Roebuck Bethlehem Steel Goodyear Texaco Boeing Honeywell Union Carbide Caterpillar IBM United Technologies Chevron International, Walt Disney, Morgan Chase Westinghouse, Apple, Microsoft, Sears and Union Carbide, Eastman Kodak Johnson, Johnson Alcoa ExxonMobil, American Express General Electric Merck AT, T, Goodyear Procter & Gamble Caterpillar Hewlett, Packard Sears, Chevron Honeywell Union Carbide Citigroup IBM United Technologies, Walmart, Morgan Chase Walt Disney, Visa, Travelers, Nike, General Electric Nike American Express, General Electric Nike American Express Goldman Sachs Pfizer Apple Home Depot Procter, Gamble Boeing IBM Travelers Caterpillar Intel United Technologies Chevron, Morgan Chase UnitedHealth, Cisco Systems Johnson, Johnson Verizon, Cola McDonald’s, Du Pont Merck Walmart ExxonMobil Microsoft Corporation Walt Disney, Exxon Mobil, Walgreens Boots Alliance, Goldman Sachs Nike American Express Home Depot Procter, Gamble Amgen Honeywell, Apple Intel Travelers Cos Boeing IBM, Caterpillar Johnson, Johnson Verizon Chevron, Cisco Systems, Walgreens, Alliance Coca Cola Merck Walmart Dow Microsoft Walt Disney Locations: New York City, T General Motors Texaco Bethlehem Steel Goodyear, America

☆ The top 10 most affordable colleges on the 'New Ivies' list from Forbes—2 are private schools
▼ + stars: | 2024-05-15 | by ( Kamaron Mcnair | In Kamaronmcnair | ) www.cnbc.com time to read: +3 min

Going to an Ivy League school for college may help you earn a competitive salary down the line. The average tuition price across the Ivy League colleges is $64,829 — and that's before factoring in housing, food, books and other fees, according to the schools' latest available listed prices. Often, as is the case with Ivy League schools, private colleges can offer better financial aid packages through institutional grants and scholarships. These are the 10 new Ivies with the lowest average net price, according to Department of Education data:1. University of Michigan—Ann ArborOut-of-state tuition: $27,864 (figure reflects 2023-24 tuition price, 2024-25 price not available)Average net price: $16,7928.

Persons: University of Texas — Austin Organizations: Ivy League, Princeton University, Harvard College, Department, Education's, Forbes, —, CNBC, of Education, University of Florida, University of North, Georgia Institute of Technology, Rice, University of Illinois, University of Maryland —, University of Michigan, University of Wisconsin —, University of Texas —, Johns Hopkins Locations: University of North Carolina, University of Illinois Urbana — Champaign, Ann Arbor

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