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WASHINGTON — As president, Donald Trump slashed a lucrative tax break enjoyed by coastal donors and suburban swing-state voters. What shifted more than the economy is Trump's needs, said Caroline Bruckner, managing director of American University's Kogod Tax Policy Center. The reversal is one of a flurry of freebies that Trump and his rival, Vice President Kamala Harris, are offering voters in the stretch run before Election Day. Trump’s proposal to repeal the SALT cap, which is set to expire next year if Congress takes no action, would reduce federal revenue by $1.2 trillion over a decade, according to CRFB’s estimate. But many voters in those counties would stand to benefit considerably from a repeal of the SALT cap.

Persons: Donald Trump, he's, Trump, ransoming, Caroline Bruckner, Bruckner, Kamala Harris, Peter Zay, Harris, She’s, “, ”, Charlie Dent, ” Dent, ” Donald Trump, Jeff Kowalsky, Marc Goldwein, ” Goldwein, ” Harris, —, Donald Trump won’t, James Singer, Joe Biden’s, I’ve, it’s, Mark Cuban, Jackson, Biden —, Dent Organizations: WASHINGTON, Trump, Getty, Social, Foundation, Social Security, Democratic, CNBC, Tax Foundation, NBC News, Tax Locations: Washington, Anadolu, AFP, South Carolina, Mississippi, Harris, Manhattan, San Francisco, Silicon, Valley , Idaho, Aspen , Colorado, , Wyoming, Westchester County , New York, Fairfield County , Connecticut, Maricopa County, Arizona's, Philadelphia, Wilmington , Delaware, Montgomery, Chester, Delaware, Allegheny County

John Donahoe, CEO of Nike, attends the annual Allen and Co. Sun Valley Media and Technology Conference at the Sun Valley Resort in Sun Valley, Idaho, U.S., July 10, 2024. Nike on Thursday announced that its CEO John Donahoe is stepping down and company veteran Elliott Hill is coming out of retirement to take the helm of the sneaker giant. Donahoe, who has been Nike's CEO since Jan. 2020, will retire from his position on Oct. 13. But on Thursday, Knight said in a statement that he is excited to welcome Hill back to the team. We've got a lot of work to do but I'm looking forward to seeing Nike back on its pace."

Persons: John Donahoe, Elliott Hill, Elliott, Nike's, Mark Parker, Donahoe, Phil Knight, Knight, We've Organizations: Nike, Allen, Co, Sun Valley Media, Technology Conference Locations: Sun Valley , Idaho, U.S, China

The median house price in the U.S. is now 5.8 times more than the median annual income of $80,000. That was, after all, the median price for a house in the area at the time. Jonathan OchartThe median price of a home in Los Angeles county is just under $960,000, according to Zillow listings data. It's just not a level playing field," says Ochart about the income now needed to afford a home. In Grand Rapids, median home prices were on the rise before the pandemic and then soared 54% from 2020 to $285,000 in June 2024, according to Zillow sales data.

Persons: Kelcie Lesko, Tim Khalil, Lesko, Khalil, they'll, Gen Xers, What's, — there's, they're, Daryl Fairweather, Kelly Diehr, homebuyers, you'd, Diehr, Jonathan Ochart, Ochart, It's, Timothy Ham, Timothy Ham couldn't, Ham, you've, That's, boomer, it's, Lawrence Yun, Millennials, Ramit Sethi, Rich, Brad Klontz, homebuying Organizations: CNBC, Homes, LA, National Association of Realtors, NAR Locations: New Jersey, Monmouth County, North Brunswick, Lesko, homeownership, U.S, Denver, Brazil, Los Angeles and New York, San Antonio, Los Angeles, Antonio, Texas, LA, Boise , Idaho, Tacoma , Washington, Grand Rapids , Michigan, Grand Rapids, Kalamazoo

The first ballots of the 2024 general election are heading to voters, as Alabama officials started mailing them out Wednesday. Alabama requires that voters have a reason to vote by mail, such as being absent from the county or working during Election Day. In 2022, just over 45,000 voters cast absentee ballots, accounting for roughly 3% of all the state's ballots. Officials in Alaska, Idaho, Kentucky, Pennsylvania, Wisconsin, Arkansas, Minnesota, South Dakota, Virginia, West Virginia, Wyoming, Colorado, Louisiana, Maryland, New Jersey, Oklahoma, Rhode Island, Texas, Mississippi, Oregon, and Vermont will begin sending mail ballots later this month. And Virginia voters will be the first to cast in-person ballots in significant numbers, with early in-person voting kicking off on Sept. 20.

Persons: Robert F, Kennedy Jr, Donald Trump, Kennedy, Kamala Harris, Jill Stein, Chase Oliver Organizations: Voters, ., North Carolina, Republican, Trump Locations: Alabama, . North Carolina, North Carolina, Alaska , Idaho , Kentucky, Pennsylvania, Wisconsin , Arkansas, Minnesota, South Dakota, Virginia, West Virginia , Wyoming , Colorado , Louisiana , Maryland , New Jersey , Oklahoma, Rhode Island , Texas , Mississippi , Oregon, Vermont

☆ JD Vance's Wall Street allies raise millions for the Trump campaign
▼ + stars: | 2024-09-11 | by ( Brian Schwartz | ) www.cnbc.com time to read: +7 min

Wall Street relationshipsOne of Vance's earliest interactions with Wall Street came shortly after the November 2016 presidential election, when he headlined a lunch in New York to discuss his newly published memoir. John Underwood, a longtime managing director at Goldman Sachs, encouraged his allies to support and raise money for Vance's Senate campaign, according to people familiar with the matter. He told them the Trump campaign would need "hundreds of millions of dollars" to compete with Vice President Kamala Harris' fundraising surge. The Ohio Republican's opposition to Wall Street was on full display during the Republican National Convention in Milwaukee in July. "Wall Street barons crashed the economy and American builders went out of business," Vance said in his nomination acceptance speech.

Persons: Vance, Marco Bello, Sen, JD Vance, Donald Trump's, Scott Bessent, Morgan Stanley's Jonathan Burkan, Cantor Fitzgerald, Howard Lutnick, Norm Champ, Keith Rabois, Jacob Helberg, J.D, Champ, Sander Gerber, Gerber, Goldman Sachs, Ohio Republican Sen, Rob Portman, John Underwood, Underwood, Steve Case, Trump, Omeed Malik, Emil Henry, Henry, Bush, Ted Virtue, Woody Johnson, Clifford Sobel, Richard Kurtz, Kamala Harris, Harris, Malik, John Paulson, Reuben Jeffery III Organizations: Republican U.S, Reuters, Ohio, Trump, Vance, Securities and Exchange Commission, CNBC, Hudson, Hudson Bay Capital, Netflix, Allen & Company, Ohio Republican, Senate, AOL, Tiger Infrastructure Partners, New York Jets, Hamptons, Valor Capital, Rockefeller & Co, Wall, Republican National Convention Locations: Kenosha, Kenosha , Wisconsin, U.S, New York City, Hudson Bay, New York, Ohio, Sun Valley , Idaho, Washington, Milwaukee

☆ Palantir soars 14% on software vendor's inclusion in S&P 500
▼ + stars: | 2024-09-09 | by ( Jordan Novet | ) www.cnbc.com time to read: +1 min

Palantir shares popped 14% on Monday and are trading at their highest since early 2021 after the announcement late Friday that the stock is being added to the S&P 500. Palantir and Dell are replacing American Airlines and Etsy , respectively, S&P Global said in a press release. Dell shares rose almost 4% on Monday. To join the S&P 500, a company must have reported a profit in its latest quarter and have cumulative profit over the four most-recent quarters. Tech companies have been capturing a bigger share of the S&P 500, reflecting their growing significance to the broader economy.

Persons: Alex Karp, Palantir, — CNBC's Ari Levy Organizations: Palantir Technologies, Allen, Co . Media, Technology Conference, Dell, American Airlines, P Global, Tech, Micro Computer, New York Stock Exchange Locations: Sun Valley , Idaho

☆ I restored a 1900s train car with my dad and turned it into an Airbnb. Now it's paid for itself.
▼ + stars: | 2024-09-01 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +7 min

So my dad went over there, and as soon as he was done shoveling, he looked under and there's this old train car. French said the car looked almost unrecognizable as a train car when he first saw it. AdvertisementThis is a combination car — it was used as a passenger car, a US mail car, and a cargo car. The restored train car rests underneath a depot-style overhang with a large porch. For more photos and information about the Deary train car, you can view the listing on Airbnb here.

Persons: —, Isaac French, it's, Isaac French It's, John, It's, would've Organizations: Service, Business Locations: Deary , Idaho, Idaho

☆ Affirm shares have best day in three years, surge 32% after earnings beat
▼ + stars: | 2024-08-29 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +2 min

Max Levchin, co-founder of PayPal and chief executive officer of financial technology company Affirm, arrives at the Sun Valley Resort for the annual Allen & Company Sun Valley Conference, in Sun Valley, Idaho. Affirm shares soared nearly 32% on Thursday, notching their best day in almost three years, after the provider of buy now, pay later loans beat on the top and bottom lines in its earnings report. For the current quarter, Affirm sees revenue in the range of $640 million to $670 million. Analysts for Mizuho called it a "killer quarter" for Affirm in a note Thursday, and said the "prospect of turning GAAP operating income-positive" will be "a major milestone." Even after Thursday's rally, Affirm shares are still down about 15% for the year, while the Nasdaq is up 19%.

Persons: Max Levchin, LSEG, Jerome Powell Organizations: PayPal, Allen & Company Sun Valley Conference, Mizuho, Nasdaq, Federal, Bank of America, Apple Locations: Sun Valley , Idaho

☆ Injured Montana man survives on creek water for 5 days after motorcycle crash on mountain road
▼ + stars: | 2024-08-23 | by ( The Associated Press | ) www.nbcnews.com time to read: +1 min

BOISE, Idaho — A Montana motorcyclist who was missing for five days after crashing along an Idaho mountain highway survived by drinking creek water until he was found, authorities say. Demoss’ shouting went unanswered until Common caught sight of him while searching five days after the Aug. 11 crash. After the other travelers saw his motorcycle parked on the side of the highway, they stopped at the next turnout a few miles down the road to wait for him. Demoss never arrived, so his companions went back to check on him, stopping at the trailhead where they had last seen his bike. Neither Demoss nor his motorcycle was there.

Persons: Zachary Demoss, he’d, holler, Greg Common, Demoss ’, ”, Demoss Organizations: Kawasaki Vulcan Locations: BOISE, Idaho, Montana, Boise, Zachary Demoss . Idaho

☆ Murdoch family battle highlights Nevada’s secret trust boom
▼ + stars: | 2024-08-13 | by ( Robert Frank | ) www.cnbc.com time to read: +4 min

The Murdoch family feud taking place in an obscure Nevada court highlights the state's surging popularity as a global center of family trusts and a friendly home to the world's biggest fortunes. The Western state's fast-growing industry of trust and estate attorneys, trust companies and facilitators keeps a deliberately low profile. Yet experts estimate the state likely has hundreds of billions of dollars in trust assets locked away in nondescript office buildings or trust companies, offering little to no visibility to the outside world. In the race among states to attract the hundreds of billions of dollar in new trust assets, Nevada has a comfortable lead. Perhaps its most powerful advantage, and the one with direct bearing on the Murdoch case, is trust flexibility.

Persons: Rupert Murdoch, Lachlan Murdoch, Drew Angerer, Robert Frank, Murdoch, Steven Oshins, Oshins, Thomas Piketty, Emmanuel Saez, Gabriel Zucman Organizations: News Corp, Fox News, Century Fox, Allen & Company Sun Valley Conference, Getty, IRS, Division Locations: Sun Valley , Idaho, Nevada, South Dakota, Tennessee , Delaware, U.S

☆ Opinion | Nancy Pelosi: ‘It Didn’t Sound Like Joe Biden to Me’
▼ + stars: | 2024-08-09 | by ( Ezra Klein | ) www.nytimes.com time to read: +55 min

And they know you’re going to act so they won’t mess with you. Put it in somebody else’s mouth because it was AI mean, it didn’t sound like Joe Biden to me. I think you’re I think you’re underselling this a little bit. And if they don’t, I’m going to keep my promise and send them 100 powdered wigs because they’re just living in a different era. All these other politicians, these career politicians didn’t know how to make a good deal.

Persons: Nancy Pelosi, Harris, Tim Walz, Al Gore, They’re, he’s, Joe Biden, Obama, Walz, Donald Trump, it’s, Trump, Said, JD Vance, Kamala Harris, Gavin Newsom, Ro Khanna, Scott Wiener, haven’t, Liam McCarthy, Willie Brown, George Moscone, Leo, Dianne Feinstein, It’s, Kamala, she’s, let’s, Suzan, You’ll, That’s, you’ll, I’m, that’s, We’re, I’ve, He’s, what’s, Bob Dole, George Bush, Svetlana, they’re, Scott Brown, Ted Kennedy’s, Ted Kennedy, Scott Brown’s, We’ve, you’re, Bill, Harry, Harry Reid, Pelosi, John Boehner, you’ve, Weaver, that’s O.K, Kevin McCarthy, kaka, Bernie Sanders, Sanders, Ted Cruz, Let’s, Barney Frank, Bill I, Steny Hoyer, don’t, You’re, John Dingell, Roe, Ira, Biden, McCarthy, o’clock, Wade, Kathy Manning of, Kathy Manning, didn’t, America’s, Republicans can’t, You’ve, Mary Barra, Steph Curry, Elton John Bono, Bill Gates, ain’t, Abraham, Little, Hillary, Norman Lear, Umberto, Gabriel Garcia Marquez’s, I’ll, Darwin, Lincoln Organizations: Democratic Party, Democratic, Republican, Veterans Affairs, Trump, Republicans, Democrat, San, Cal Stanford, University of San, Morning, NATO, Affordable, Senate, White House, California Democratic Party, Technology Committee, North, Global, Abraham Accords, Rogue, Republican Party Locations: America, Minnesota, San Francisco, University of San Francisco, United States, It’s, Belarus, Massachusetts, California, Iraq, Idaho, Italian, Kathy Manning of North Carolina, China, Sudan, Michigan, Arizona, David, South, Baltimore

☆ Palantir jumps 11% on Microsoft partnership to sell AI to U.S. defense, intel agencies
▼ + stars: | 2024-08-08 | by ( Todd Haselton | ) www.cnbc.com time to read: +1 min

Alex Karp, CEO of Palantir Technologies, walks to the morning session at the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, on July 10, 2024. Palantir shares closed up 11% on Thursday after the company announced a partnership with Microsoft to sell secure cloud, analytics and artificial intelligence capabilities to the U.S. defense and intelligence communities. Palantir reported earnings earlier in the week, raising its annual revenue forecast to between $2.74 billion and $2.75 billion, from $2.68 billion to $2.69 billion. Microsoft said the partnership would allow U.S. defense and intelligence organizations to build AI tools for action plans and logistics, among other things. Palantir, co-founded by billionaire Peter Thiel, will work with Microsoft to provide trial services and training sessions.

Persons: Alex Karp, Peter Thiel, Palantir Organizations: Palantir Technologies, Allen, Co . Media, Technology Conference, Microsoft, Foundry, Apollo, AIP, intel Locations: Sun Valley , Idaho, Gotham

☆ Park Fire more than 400,000 acres, 4th-largest in Calif. history
▼ + stars: | 2024-08-03 | by ( Raja Razek | Jay Croft | ) edition.cnn.com time to read: +1 min

CNN —The fourth-largest wildfire in California’s history has grown to 400,956 acres, destroying 564 structures and damaging 50 as of Saturday morning, according to an update from Cal Fire. “The Park Fire has been extremely active over the last 24 hours,” Cal Fire said. However, firefighters are still actively engaging in fire suppression to an area spanning 175-miles,” the update read. As of Friday, 94 large wildfires raged across multiple states, and 28 had evacuation orders, according to the National Interagency Fire Center. Fires are also burning in Oregon, Idaho, Washington, Utah, Montana, Arizona, New Mexico, Wyoming and Nevada.

Persons: “ Crews Organizations: CNN, Cal Fire, National Interagency Fire Center Locations: Butte, Plumas, Shasta, Tehama, Area, Northern San Joaquin, Oregon , Idaho, Washington , Utah , Montana , Arizona, New Mexico , Wyoming, Nevada

☆ Jeff Bezos' family office is making big investments in AI
▼ + stars: | 2024-08-02 | by ( Robert Frank | ) www.cnbc.com time to read: +1 min

Jeff Bezos at the Allen & Company Sun Valley Conference in Sun Valley, Idaho, on July 10, 2024. All of the investments made this year by Bezos' family office — called Bezos Expeditions — have been in artificial intelligence, according to exclusive data provided to CNBC by FINTRX, a private wealth intelligence platform. While the amounts he invested are not disclosed, Bezos Expeditions participated in funding rounds totaling more than $1 billion. In February, Bezos Expeditions invested in Figure AI, the humanoid-robot company that also counts Nvidia and Microsoft as investors. In July, he invested in a $300 million Series A round of Skild AI, which is focused on making AI systems for machines and robotics devices.

Persons: Jeff Bezos, Robert Frank, Bezos, — Organizations: Allen & Company Sun Valley, CNBC, FINTRX, Bezos Expeditions, Amazon, Expeditions, Nvidia, Microsoft Locations: Sun Valley , Idaho, Los Angeles

His comments rattled health care providers, who might advise a pregnant woman seeking an abortion to travel out of state, and abortion funds that help arrange and fund such travel. Stefan Jeremiah / AP fileThe plaintiffs, who include the Yellowhammer Fund, an abortion fund, and West Alabama Women’s Center, now known as WAWC Health Care, along with other health care providers, have some reason for optimism. Although Marshall has not brought any charges, abortion-rights advocates say his remarks have had a chilling effect on abortion funds and health care providers. More than a decade ago, an abortion fund supported her through ending a pregnancy. Evelyn Hockstein / ReutersWAWC Healthcare, another plaintiff in the case, which is being represented by the ACLU, used to offer abortions, but has remained open to provide prenatal care and other reproductive health care, such as wellness exams.

Persons: Roe, Wade, Steve Marshall, Marshall, “, Marshall’s, Steve Marshall's, Stefan Jeremiah, Myron Thompson, ”, Jamila Johnson, Kelsea McLain, ” McLain, Evelyn Hockstein, Robin Marty, She’s, ” Marty Organizations: U.S, Supreme, Republican, Alabama, Yellowhammer Fund, West Alabama Women’s Center, Middle, Middle District of, Yellowhammer, NBC News, Medical, WAWC Healthcare, Reuters WAWC Healthcare, ACLU Locations: Alabama, State, U.S, Middle District, Middle District of Alabama, California, Idaho, Texas, Reform, Ala

☆ States target AI and deepfakes as election interference threat looms
▼ + stars: | 2024-07-31 | by ( Piper Hudspethblackburn | Piper Hudspeth Blackburn | ) edition.cnn.com time to read: +7 min

While Michigan, Washington, Minnesota, Texas and California already had laws regulating deepfakes, Minnesota updated their law this year to require a candidate to forfeit their office or nomination if they violate the state’s deepfake laws, among other provisions. In states such as New York, New Mexico and Alabama, victims can seek a court order to stop the content. Katie Hobbs signed his proposal into law in May, along with another AI bill that requires disclosures in campaign ads. Big Tech has already taken some steps to moderate deepfake content. TikTok and Meta (the parent company of Instagram, Threads and Facebook) announced plans in recent months to label AI content, while YouTube requires creators to disclose when videos are AI-created.

Persons: deepfakes, Amy Beth Cyphert, Cyphert, Alexander Kolodin, Kolodin, it’s, ”, Katie Hobbs, Robert Weissman, Chuck Schumer, Sen, Mitch McConnell, Weissman, Sean Cooksey, It’s, Jessica Rosenworcel, ” Jonathan Uriarte, there’s, Dar’shun Kendrick, “ there’s, ” Kendrick, Alex Curtas, CNN’s Oliver Darcy, Sean Lyngaas, Donie O’Sullivan, Yahya Abou, Ghazala Organizations: CNN, Republican, Democrat, Department of Homeland Security, West Virginia University’s College of Law, ” Arizona Democratic Gov, Big Tech, Meta, YouTube, Swift, Public Citizen, House, Federal, Commission, Federal Communication Commission, FCC, . State Locations: Florida, Hawaii , New York , Idaho , Indiana, New Mexico , Oregon , Utah , Wisconsin , Alabama, Arizona, Colorado, Michigan, Washington , Minnesota , Texas, California, deepfakes, Minnesota, New York, New Mexico, Alabama, Florida , Mississippi, Utah, Wisconsin, Oregon and Mississippi, statehouses, robocalls, Georgia, . Arizona

☆ Inside the Supreme Court’s compromise on Idaho’s abortion ban
▼ + stars: | 2024-07-29 | by ( Joan Biskupic | ) edition.cnn.com time to read: +13 min

Instead, a series of negotiations led to an eventual compromise decision limiting the Idaho law and temporarily forestalling further limits on abortion access from the high court. This exclusive series on the Supreme Court is based on CNN sources inside and outside the court with knowledge of the deliberations. The Idaho law had exemptions only to prevent death of the pregnant woman and in instances of rape or incest. It issued formal guidance saying the Emergency Medical Treatment and Labor Act (EMTALA), which requires stabilizing treatment regardless of a patient’s ability to pay, would preempt any state abortion ban in situations when an emergency termination was needed. Idaho lost in an initial proceeding in a US district court, as a judge issued a temporary injunction against the abortion ban.

Persons: Roe, Wade, Biden, John Roberts, SCOTUS, Elizabeth Prelogar, Idaho’s, Amy Coney Barrett, ”, Roberts, Brett Kavanaugh, Barrett, “ improvidently, ” Barrett, Kavanaugh, ’, Elena Kagan, ‘, – Samuel Alito, Clarence Thomas, Neil Gorsuch, Alito, Thomas, Sonia Sotomayor, Kagan, Jackson, Sotomayor, Ketanji Brown Jackson, “, ” Alito, ” Jackson Organizations: CNN, Supreme, Republican, Democratic, Labor, Justice Department, Idaho, United, Jackson, Health Locations: Idaho, EMTALA . Idaho, SCOTUS Idaho, Sacramento, Dobbs v, Moyle v, United States

☆ More States Are Passing Book Banning Rules. Here’s What They Say.
▼ + stars: | 2024-07-29 | by ( Elizabeth A. Harris | ) www.nytimes.com time to read: +1 min

While the effort to restrict access to books has been getting somewhat less attention on the national stage, it remains a potent issue on the state and local level, where most decisions about schools and libraries are made. Proponents say these rules are necessary to protect children from encountering sensitive topics, like sexual content, sexual violence or graphic depictions of nudity, on their own. Detractors say these rules make it difficult for students to view a range of books, including those that reflect real world experiences and some classics with more mature themes that have long been taught in high schools. Here’s what to know about the new state rules:UtahAn amendment to an existing law that went into effect on July 1 aims to “identify and remove pornographic or indecent material” from school classrooms and libraries. This includes any book or other classroom or library material that includes descriptions of sex or masturbation.

Locations: Utah , Idaho, South Carolina, Tennessee, Utah

☆ Park Fire in California burns nearly 125,000 acres as Oregon firefighters battle nation’s largest active fire
▼ + stars: | 2024-07-26 | by ( Dalia Faheid | ) edition.cnn.com time to read: +9 min

The largest active wildfire in the US has scorched more than 280,000 acres in eastern Oregon and another blaze has exploded to nearly 125,000 acres in California. • Park Fire explodes in size: By Thursday morning, the wildfire had burned an average of nearly 50 football fields per minute since starting Wednesday afternoon. • Firefighters battle massive Oregon fire: The Durkee Fire, which has burned an area larger than the city of Indianapolis, started on July 17 near the Oregon-Idaho state line. • Oregon wildfire destroys buildings: Three people were injured and two homes and 12 other structures were destroyed as the fire spread, according to the Oregon Department of Emergency Management. In this image provided by the Oregon Department of Transportation, shows an area burned by the Durkee fire near Interstate 84 close to Huntington, Oregon, on July 23, 2024.

Persons: Tina Kotek, Justin Trudeau, ” Julia Yarbough, Yarbough, Ronnie Dean Stout, Mike Ramsey, “, ” Stout, Ramsey, Stout, CNN Stout, Noah Berger, ’, Danielle Smith, Mike Ellis, ” Ellis, ” Smith, Jasper, Richard Ireland, ” Organizations: CNN, Western, Cal Fire, • Firefighters, Oregon -, Oregon Department of Emergency Management, Oregon Gov, National Guard, Northern Rockies, National Interagency Fire Center, Oregon Department of Transportation, KOVR, DA, “, ’ ”, ”, Public Safety, Emergency, Jasper National, Facebook Locations: Western United States, Canada, Oregon, California, Atlanta, Butte County, Indianapolis, Oregon - Idaho, Baker County, Boise, Colorado , Idaho , Oregon, Washington, Jasper, Alberta, Western, Northwest, Huntington , Oregon, Chico, Butte, Bidwell, Butte County , California, ’ ” Alberta, “, ” Alberta, ” Ireland

☆ Warner Bros. Discovery is counting on deregulation to unlock media deals — if there's even appetite
▼ + stars: | 2024-07-26 | by ( Alex Sherman | ) www.cnbc.com time to read: +10 min

If you ask Zaslav, though, the reason Roberts and other potential buyers of media assets aren't interested is because the government has scared them away. Or, perhaps, legacy media companies are simply undesirable assets to own. He extended the life of his previous company, Discovery Communications — and probably his own tenure running a media company — by merging it with AT&T's WarnerMedia in 2022. Without a deal, Discovery would have wallowed as a subscale content provider and owner of declining cable networks. Discovery with another legacy media company, such as Paramount Global , Fox or Disney , or NBCUniversal, if it were spun off from Comcast.

Persons: David Zaslav, David Grogan, Brian Roberts, " Roberts, Comcast's, Roberts, Zaslav, Shari Redstone, Rob Kindler, Paul, Weiss, they've, Kindler, haven't, Morgan Stanley's, Donald Trump's, There's, Joe Biden's, Simon, Simon & Schuster, JD Vance, Lina Khan's, Lina Khan, Biden, Vance, Kamala Harris Organizations: Allen & Company Sun Valley Conference, CNBC Comcast, Warner Bros, Discovery, Allen & Co, Sun, Paramount, Skydance Media, CNBC Redstone, Starz, AMC Networks, Vice Media, Discovery Communications, NBA, Apple, Paramount Global, Fox, Disney, Comcast, CNBC, Google, Scripps Networks Interactive, Time Warner, Scripps, Viacom, CBS, Sky, AMC, IFC, Sundance, Lionsgate, Media, Republican, Democratic, Donald Trump's Department of Justice, Simon &, Random, MGM, Federal Trade, & $ Locations: Sun Valley , Idaho, RemedyFest

☆ Wildfires across western U.S. and Canada force thousands to evacuate
▼ + stars: | 2024-07-25 | by ( Marlene Lenthang | ) www.cnbc.com time to read: +2 min

The wildfire shut down the main highway to Yosemite National Park as red flag fire warnings and high temperatures continue throughout the state. Wildfires are blazing across western U.S. and Canada, prompting thousands to evacuate, shutting down highways and fouling the air quality over several states. In the U.S., wildfires are raging in Oregon, California and Washington, illuminating skies with bright orange flames and haze. In California, the Apache fire sparked Tuesday evening near Highway 33 and Apache Canyon Road in Ventura County in the Los Padres National Forest. The blaze, estimated to be 250 acres, led the county to order evacuations for residences on Apache Canyon Road, local fire officials said.

Persons: There's Organizations: Yosemite National, Baker City, state's Department of Transportation, NBC, Associated Press, Apache, Los Padres National Forest Locations: Mariposa , California, Yosemite, U.S, Canada, Oregon , California, Washington, Oregon, Ontario, Baker, Malheur, Cow, Huntington, Boise , Idaho, Naches, Bickelton, California, Ventura County

☆ Largest active wildfire in the US burns in Oregon, forcing evacuations and creating its own weather
▼ + stars: | 2024-07-25 | by ( Dalia Faheid | Robert Shackelford | ) edition.cnn.com time to read: +3 min

CNN —A lightning-sparked wildfire raging in eastern Oregon has scorched nearly 270,000 acres, making it the largest active wildfire in the United States. The massive blaze is the largest of 31 large wildfires currently burning across Oregon, which has been the hardest hit by fires in recent days. Over the weekend and earlier this week, the Durkee Fire exhibited extreme fire behavior, even creating it’s own weather in the form of pyrocumulus clouds. Wildfire smoke, including from the Durkee Fire in Oregon, was spreading into Boise and beyond. A cold front has moved through the area Thursday morning, bringing high temperatures to the 80s on Thursday, according to the National Weather Service.

Persons: Indianapolis –, Tina Kotek, ” Kotek, Sarah Sherman, Patrick Nauman, ” Nauman Organizations: CNN, Oregon -, Nationwide, National Interagency Fire Center . Oregon Gov, National Guard, Oregon Department of Emergency Management, Land Management, Oregon State Fire, Weiser, Associated Press, National Weather Service Locations: Oregon, United States, Indianapolis, Oregon - Idaho, Eastern Oregon, Malheur County, Baker, Boise, Colorado , Idaho , Oregon, Washington, Weiser , Idaho

☆ We built Lovevery: How our play kits bring in $226 million a year
▼ + stars: | 2024-07-25 | by ( Raffi Paul | Kamaron Mcnair | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe built Lovevery: How our play kits bring in $226 million a yearDrawing inspiration from a doctoral thesis on infant brain development, Jessica Rolph and Roderick Morris co-founded Boise, Idaho-based Lovevery, which makes children's toys specialized for different childhood developmental phases. The company brought in $226 million in revenue last year, according to documents reviewed by CNBC Make It — powered largely by its popular subscription play kits. The company aims to reach profitability this year, Rolph says.

Persons: Jessica Rolph, Roderick Morris, Rolph Organizations: CNBC Locations: Boise , Idaho

Lovevery's toys are inspired by the homemade ones Rolph made for her son, each designed to nurture a specific developmental milestone. Launching with a single productPrior to starting Lovevery, Rolph was a co-founder of organic baby food company Happy Family, which launched in 2005. Zach Voss | CNBC Make ItThe duo decided to start simple, focusing on a single product: a play gym. They spent nearly two years relying on $2 million in seed funding to develop Lovevery's play gym, finally launching it in 2017. Lovevery's first product, the Play Gym, launched in 2017.

Persons: Jessica Rolph, Roderick Morris, Rolph, Morris, She'd, Morris —, Zach Voss, Lovevery, we'll, Raffi Paul Organizations: Boise -, CNBC Locations: Boise, Boise - Idaho, Boise , Idaho, Asia

☆ The Northwest Bakes as the Region Faces Hotter, Longer Heat Waves
▼ + stars: | 2024-07-21 | by ( Isabelle Taft | ) www.nytimes.com time to read: +1 min

As a heat wave lingers in the Pacific Northwest, people in parts of Washington, Oregon and Idaho who are farther from the coast may see dangerously high temperatures near 110 degrees before the weekend is over. Parts of the three states, along with northern Nevada, are under an extreme heat warning from the National Weather Service, continuing a hot July for the whole region, where extreme heat was linked to hundreds of deaths in 2021. By early afternoon on Sunday, the temperature had already hit 99 once again. Temperatures there will not drop significantly until the end of the week, according to forecasters. If forecasts hold, Thursday will be the 10th straight 100-degree day, breaking the city’s record for the number of consecutive days with triple-digit temperatures.

Persons: Les Colin Organizations: National Weather Service Locations: Pacific Northwest, Washington , Oregon, Idaho, Nevada, Boise , Idaho, Boise

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