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☆ Russian court begins hearing treason case against US-Russian citizen
▼ + stars: | 2024-06-20 | by ( Christian Edwards | ) edition.cnn.com time to read: +2 min

CNN —The trial of a US-Russian dual citizen, accused of committing treason by fundraising for Ukraine’s military, has begun in the Russian city of Yekaterinburg. Chris Van Deerden, Karelina’s boyfriend, told CNN he had bought her tickets to visit the country as a birthday gift. Karelina is among several American citizens being held in Russian prisons, including journalists and former soldiers. His trial will also be held behind closed doors in Yekaterinburg, where he was arrested more than a year ago. Discussing Karelina’s case, the Russian investigative journalist Andrei Soldatov told CNN the FSB aims “to build up a bank of hostages with American passports,” which Moscow can use “as leverage” in any negotiations with Washington.

Persons: Ksenia Karelina, Chris Van Deerden, ”, ” Van Heerden, Karelina, Evan Gershkovich, Andrei Soldatov Organizations: CNN, Federal Security Service, Street Locations: Russian, Yekaterinburg, Ksenia, Ukrainian, Beverly Hills , California, Los Angeles, Russia, New York, Ukraine, American, Moscow, Washington

☆ I was shocked to be laid off from my tech job — but I quickly realized it was a dream come true
▼ + stars: | 2024-06-20 | by ( Robin Madell | ) www.businessinsider.com time to read: +7 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. I completed a 3.5-year apprenticeship as a media designer and engineer, and I've been in the tech industry since I was 15. Leaving so quickly wouldn't have been possible without the support of our LA friends, who helped us in many ways. Courtesy of Lucas FrischmannI came up with this idea as I struggled to keep up with all my connections. AdvertisementIf you were laid off from a tech company and want to share your story, please email Manseen Logan at mlogan@businessinsider.com.

Persons: —, Lucas Frischmann, It's, I've, Frischmann, it's, I'd, Manseen Logan Organizations: Service, Twitter, Meta, Business Locations: Los Angeles, Asia, Vietnam, Italy, Taiwan, Thailand, Japan, Indonesia, South Korea, Europe, Austria, Germany, Switzerland, Bangkok, Amalfi Coast, Bali , Indonesia, mlogan@businessinsider.com

☆ Robert F. Kennedy Jr.’s Conspiracy of Ravens
▼ + stars: | 2024-06-19 | by ( Rebecca Davis O Brien | ) www.nytimes.com time to read: +1 min

Robert F. Kennedy Jr. was getting annoyed, fingers tapping on his lawn chair. As a reporter and a photographer crouched expectantly in the bushes behind his Los Angeles home, his two wild ravens were refusing to cooperate with a photo shoot. “I’m not going to reward their bad behavior,” he said at last, closing the greasy bag of meat scraps he had brought out for the birds. As an independent presidential candidate, Mr. Kennedy, 70, has leaned into his storied political lineage, his career in environmental law and his caustic anti-establishment beliefs that at times veer into conspiracy theory. And yet I was surprised recently when a routine phone call to ask Mr. Kennedy for comment about another article was interrupted by a loud “caw” at the other end of the line.

Persons: Robert F, Kennedy Jr, crouched expectantly, “ I’m, ”, strode, Kennedy Locations: Angeles

☆ These employees moved across the country for work, then Disney canceled the project. Now they’re suing.
▼ + stars: | 2024-06-19 | by ( Natasha Chen | ) edition.cnn.com time to read: +3 min

CNN —Two employees are suing the Walt Disney Company, saying the company moved their jobs from California to Florida, only for Disney to cancel the project and move them back, hurting them financially and emotionally. But in May 2023, after CEO Bob Iger returned, the company canceled the $1 billion Lake Nona office complex amid a legal and political battle with Republican Gov. The plaintiffs, Maria De La Cruz and George Fong, both work for Disney’s product design division. The complaint alleges that Disney misrepresented and concealed its true plans for the Lake Nona project, hurting – financially and otherwise – at least 250 employees who had made the move from California to Florida. De La Cruz, Mr. Fong and many others dutifully moved to Florida because they love their jobs, they love the people they work with, and they love Disney,” Attorney Jason Lohr said.

Persons: They’re, Bob Chapek, Bob Iger, Ron DeSantis, Maria De La Cruz, George Fong, De La Cruz, Fong, Lohr Ripamonti, Disney, –, Disney “, De, Ms, Jason Lohr Organizations: CNN, Walt Disney Company, Disney, Republican Gov, Lohr, Superior Court of, Lake, Florida Locations: California, Florida, Nona, Superior Court of Los Angeles, De La, Southern California, Central Florida

☆ 17 celebrities who have left Los Angeles on where they moved and why they did it
▼ + stars: | 2024-06-19 | by ( Jason Guerrasio | Jordan Pandy | ) www.businessinsider.com time to read: +1 min

More than 817,000 people moved out of California from 2021 to 2022, per most recent census data. It's not just regular people: Celebrities leave Los Angeles for places including Texas and Florida. Here are 17 celebrities who left LA — plus where they chose to move to and why. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy .

Persons: It's, —, Singer, Kelly Clarkson, Sylvester Stallone Organizations: LA, Service, Los, New York, Business Locations: California, Los Angeles, Texas, Florida, State, New, New York City, South Florida

☆ A California millennial who makes six figures says it feels like he has to choose between buying a home, starting a family, and advancing his career: 'I feel behind financially'
▼ + stars: | 2024-06-19 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +6 min

The 33-year-old financial advisor, who's based in Santa Monica, California, made roughly $130,000 last year, according to a document viewed by Business Insider. This story is available exclusively to Business Insider subscribers. To feel "rich," Stroup estimated that he'd need an annual income of about $400,000 to $500,000 a year — more than triple his 2023 earnings. In January, Business Insider estimated that it would cost parents about $26,000 to care for a small child in 2024. AdvertisementWith all these expenses to consider, it might make sense for Stroup to move somewhere with lower housing costs.

Persons: —, Christopher Stroup's, who's, he's, he'd, Stroup, hasn't, Santa Monica, there's, aren't, I'd Organizations: Service, Business, Santa Locations: Los Angeles, Santa Monica , California, Santa Monica, Cincinnati, Bakersfield , California, Bakersfield, Troy , Pennsylvania

☆ Amazon hit with $5.9 million fine for violating California labor law
▼ + stars: | 2024-06-18 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +3 min

California's labor regulator on Tuesday said it fined Amazon nearly $6 million for violating a state law aimed at curtailing the use of onerous warehouse productivity quotas. The California Labor Commissioner's Office said it investigated two Amazon facilities in Moreno Valley and Redlands, both located east of Los Angeles, and found 59,017 violations of the state's Warehouse Quotas law, officials said. The Warehouse Quotas law went into effect in 2022 and requires employers to disclose productivity quotas to employees and government agencies, as well as any discipline workers may face for not meeting them. The law also prohibits employers from requiring warehouse employees to meet unsafe quotas preventing them from taking state-mandated meal and rest breaks or using the bathroom. The Labor Department's Occupational Safety and Health Administration has also cited Amazon numerous times for safety violations.

Persons: Lilia Garcia, Brower, Sen, Ed Markey, It's, Maureen Lynch Vogel, they're Organizations: Amazon, California Labor Commissioner's Office, Labor, Occupational Safety, Health Administration Locations: California, Moreno Valley, Redlands, Los Angeles, Washington, New York, Minnesota, U.S

☆ SoftBank-backed travel tech firm TravelPerk acquires U.S. rival and bags $135 million for expansion
▼ + stars: | 2024-06-18 | by ( Ryan Browne | ) www.cnbc.com time to read: +2 min

To help fund the deal and TravelPerk's broader expansion efforts, the company also raised $135 million in debt financing from private equity firms Blackstone and Blue Owl. Avi Meir, TravelPerk's CEO and co-founder, told CNBC the deal would allow the company to turbocharge its growth in the United States. He expects the deal to double TravelPerk's U.S. revenues and make the country its biggest revenue-generating region by 2026. The Global Business Travel Association estimated that the US corporate travel sector was worth $329 billion in 2023. TravelPerk said its U.S. office footprint would expand to include AmTrav's offices in Boston, Chicago, Los Angeles and Miami.

Persons: Avi Meir, Meir, AmTrav, TravelPerk Organizations: CNBC, Blackstone, American Airlines, Business Travel Association, TravelPerk Locations: Chicago, U.S, United States, Britain, Boston , Chicago, Los Angeles, Miami

☆ US announces major bust as efforts to crack down on Chinese money launderers working with drug cartels ratchet up
▼ + stars: | 2024-06-18 | by ( Sean Lyngaas | ) edition.cnn.com time to read: +17 min

A US-based lawyer who has represented accused Chinese money launderers said the tempo of law enforcement operations against the alleged launderers has increased in recent weeks as federal agents close in on “bigger fish” among Chinese money launderers in the US. None of the federal law enforcement agencies involved in tracking Chinese money launderers agreed to be interviewed on the record. Grassley and Whitehouse have each introduced legislation they say is key to closing loopholes in US law that are actively exploited by the cartels’ money launderers. Elaborate networksRecent court documents illuminate how far-flung and elaborate US-based networks of alleged Chinese money launderers are. Mirror TransactionsExperts say the Chinese money launderers have mastered the art of so-called mirror transactions, which involve a series of deposits at multiple bank accounts to conceal the drug money.

Persons: ”, Anne Milgram, surveil, “, Don Im, Biden, HSI, Ricardo Mayoral, William Kimbell, ” Kimbell, launderers, —, Sen, Sheldon Whitehouse, ” Whitehouse, Treasury Department —, Whitehouse, Christopher Wray, Joe Biden, Xi Jinping, Republican Sen, Charles Grassley, Enhua Fang, Li Pei Tan, Tan, Joe Habachy, Matthew Rothbeind, Fang, Chaojie Chen, Chen, Greg Hunter, ” David Luckey, JPMorgan Chase Organizations: CNN, Drug, Administration, Sinaloa Cartel, US Court, Central, Central District of, DEA, IRS, “, Centers for Disease Control, Federal, Homeland Security, Treasury, Treasury Department, Treasury’s, Network, Homeland Security Investigations, DHS, Financial Crimes, Rhode Island Democrat, intel, Department of Homeland Security, FBI, Senate, ” CNN, White, Office of National Drug Control, Service, Biden, Republican, Grassley, Rand Corporation, of, JPMorgan Chase, Bank of America, JPMorgan, Organization Locations: California, Mexican, China, Mexico, Los Angeles, Sinaloa, Central District, Central District of California, Colombia, America, Oregon, Virginia, South Carolina, Washington, DC, North, Central America, —, Iowa, North Carolina, Belize, Chinese, Georgia, Chicago, Tulsa, East Coast, Detroit , Chicago, Ohio, Western, of North Carolina, Wells Fargo

☆ There are 4 cities where housing is now 'impossibly unaffordable' — and they're all in the same state
▼ + stars: | 2024-06-18 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +1 min

Four of the world's 11 "impossibly unaffordable" housing markets are in California, a study found. The study blamed land use policies for constraining housing supply and driving up prices. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . In fact, four of the 11 most unaffordable housing markets in the English-speaking world are in California — and seven are in the US and Canada, a new study has found. San Jose, Los Angeles, San Francisco, and San Diego are all "impossibly unaffordable," according to the 2024 Demographia International Housing Affordability report.

Persons: — Organizations: Service, Business Locations: California, Canada, California —, San Jose , Los Angeles, San Francisco, San Diego

☆ Celtics win 18th NBA championship with 106-88 Game 5 victory over Dallas Mavericks
▼ + stars: | 2024-06-18 | by ( ) www.cnbc.com time to read: +3 min

Jayson Tatum #0 of the Boston Celtics rebounds the ball against the Dallas Mavericks during Game 5 of the 2024 NBA Finals on June 17, 2024 at the TD Garden in Boston. Jesse D. Garrabrant | National Basketball Association | Getty ImagesThe Boston Celtics again stand alone among NBA champions. Jayson Tatum had 31 points, 11 assists and eight rebounds as the Celtics topped the Dallas Mavericks 106-88 on Monday night to win the franchise's 18th championship, breaking a tie with the Los Angeles Lakers for the most in league history. Luka Doncic #77 of the Dallas Mavericks shoots the ball against the Boston Celtics during Game 5 of the 2024 NBA Finals on June 17, 2024 at the TD Garden in Boston. Jaylen Brown #7 of the Boston Celtics shoots a three point basket against the Dallas Mavericks during Game 5 of the 2024 NBA Finals on June 17, 2024 at the TD Garden in Boston.

Persons: Jayson Tatum, Jesse D, Larry O'Brien, Jaylen Brown, Jrue Holiday, Kristaps Porzingis, Joe Mazzulla, Bill Russell, Luka Doncic, Nathaniel S, Butler, Irving, Tatum, Brown, Payton Pritchard – Organizations: Boston Celtics, Dallas Mavericks, National Basketball Association, Getty, NBA, Celtics, Los Angeles Lakers, Boston, Big, Kristaps, Luka, Dallas, Mavericks, Brooklyn Nets Locations: Boston

☆ Secret Service Agent Robbed at Gunpoint on Night of Biden’s L.A. Gala
▼ + stars: | 2024-06-18 | by ( Yan Zhuang | More About Yan Zhuang | ) www.nytimes.com time to read: +1 min

A United States Secret Service agent was robbed at gunpoint in Southern California over the weekend, on the same night that President Joe Biden was in Los Angeles for a re-election fund-raiser, the authorities said on Monday. Upon arriving at the development — a former military base — the police discovered that the victim was a Secret Service agent whose bag had been stolen at gunpoint, the statement said. During the robbery, an agent fired a gun, the police added. The suspected robbery occurred on the same night that Mr. Biden was in downtown Los Angeles for a star-studded re-election fund-raiser with former President Barack Obama. Celebrities including George Clooney, Julia Roberts and Barbra Streisand attended the gala, which the Biden campaign said raised at least $28 million.

Persons: Joe Biden, Biden, Barack Obama, George Clooney, Julia Roberts, Barbra Streisand Organizations: States Secret Service, Monday . Police, Tustin Police Department, Service Locations: States, Southern California, Los Angeles, Orange County

☆ Willie Mays: One of baseball’s most electrifying and complete players has died at 93
▼ + stars: | 2024-06-18 | by ( Wayne Sterling | Kevin Dotson | ) edition.cnn.com time to read: +17 min

AP From left: Monte Irvin, Willie Mays, and Hank Thompson hold bats on their shoulders in Yankee Stadium in 1951. Bettmann Archive/Getty Images Mays, then a physical training instructor at Fort Eustis, Virginia, leads soldiers through a calisthenics session on February 19, 1953. Bettmann Archive/Getty Images Mays plays stick ball with kids in New York's Harlem neighborhood in 1954. Bettmann Archive/Getty Images Mays makes a leaping, one-handed catch off the Los Angeles Dodgers' Duke Snider on August 15, 1954. JR/AP Mays, then of the San Francisco Giants, plays catch with 14-month-old Herbert Henderson, at the home of Henderson's parents, in San Francisco, California on November 14, 1957.

Persons: Willie Mays, Mays, “, Michael Mays, ” Michael Mays, ”, –, Babe Ruth, Hall, Hall of Famer Willie Mays, Robert D, Manfred, ” Manfred, ” Mays, couldn’t, wouldn’t, Negro League ballplayers, Monte Irvin, Hank Thompson, William F, Donegan, Duke Snider, Charles Hoff, Jackie Robinson, Bettmann, Frank Hurley, Joe DiMiaggio, Sid Mercer, Margherite Wendell, AP Mays, Herbert Henderson, Ernest Bennett, Pepe, San Francisco, Willie McCovey, Jon Brenneis, Ed Sullivan, Mel Ott, Hank Aaron, Joan Whitney Payson, Dan Farrell, douse Mays, Paul Sakuma, Monica M, Davey, John G, Mabanglo, San Francisco Giants Barry Bonds, of Famer Willie McCovey, Bonds, Willie, Laura Bush, George W, Bush, Chip Somodevilla, Jeff Gross, Barack Obama, Louis, Pete Souza, Jon Miller, Ezra Shaw, Nicholas Kamm, Gabrielle Lurie, ’ Mays, Vic Wertz, ” San Francisco Mayor London Breed, Breed, ’, Peter Ueberroth, Leo Durocher, ” Obama, “ Willie, Gavin Newsom, ” Newsom, Emma Tucker, Elizabeth Joseph, Taylor Romine Organizations: CNN, of Famer, San Francisco Giants, Giants, Major League Baseball, New York Giants, National League, Hall of Famer, MLB, Negro League statistics, Negro American, Birmingham Black Barons, San Francisco Chronicle, Juneteenth, Negro Leagues, Black Barons, Louis Cardinals, Negro League, Gloves, Bettmann, American, Minneapolis Millers, Minnesota Historical Society, AP, Yankee, The New York Giants, Army, Major League, Los Angeles Dodgers, NY, Mays ' New York Giants, Robinson's Brooklyn Dodgers, Cleveland Indians, Baseball Writers, JR, San, Candlestick Park, CBS, Getty, Astrodome, Mays, Atlanta Braves, New York Mets, Mets, Wrigley Field, Chicago Cubs, National League East, AP Mays, Candlestick, San Fransisco Giants, Park, Willie Mays Plaza, Bell Park, White, Little League's Challenger Division, T, Air Force, London Breed, Hall, Polo, New York, Brooklyn Dodgers, New York Yankees, Franciscan, ” San Francisco Mayor London, of Fame, Baseball Hall of Fame, Baseball Locations: Birmingham , Alabama, Birmingham, American, New York, Omaha , Nebraska, Camp Kilmer , New Jersey, Fort Eustis , Virginia, Phoenix , Arizona, New, Harlem, Mays ', NY, East Elmhurst , New York, San Francisco , California, San Francisco, Candlestick, Houston , Texas, New York City, Chicago , Illinois, AFP, Washington , DC, St, Washington ,, California

☆ Housing is now 'impossibly unaffordable' in these 4 cities — and they're all in the same state
▼ + stars: | 2024-06-18 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +1 min

Persons: — Organizations: Service, Business Locations: California, Canada, California —, San Jose , Los Angeles, San Francisco, San Diego

☆ Scammers tried to steal Graceland. Here’s how to make sure they don’t get your home
▼ + stars: | 2024-06-18 | by ( Samantha Delouya | ) edition.cnn.com time to read: +6 min

Experts say rental properties, vacation homes and homes where the owners are deceased can be targets of home title theft. Here are some ways to protect yourself:What is home title fraud? Home title fraud occurs when scammers impersonate homeowners to refinance or sell a victim’s property and pocket the money. In an email associated with Naussany Investments to CNN, a self-proclaimed scammer claimed responsibility for the attempted home title fraud. A standard American Land Title Association (ALTA) homeowner’s policy of title insurance covers home title forgery and impersonation.

Persons: scammers, Elvis Presley’s, David Fleck, ”, “, ” Fleck, “ It’s, Lisa Marie Presley, Elvis, Priscilla Presley, Riley Keough, Naussany, Florida notary’s, Jonathan Skrmetti, scammer, I’ve, Jeremy Miller, ” Miller, Fleck, ALTA’s, Miller Organizations: CNN, Naussany, Naussany Investments, New York Times, Times, Allstate, Consumer Financial Locations: Memphis, Tennessee, Los Angeles, Graceland, Florida, Nigeria, California, Georgia

☆ Fisker files for bankruptcy protection in wave of EV startups, moment of déjà vu for its founder
▼ + stars: | 2024-06-18 | by ( Michael Wayland | ) www.cnbc.com time to read: +6 min

Henrik Fisker stands with the Fisker Ocean electric vehicle after its unveiling at the Manhattan Beach Pier ahead of the Los Angeles Auto Show and AutoMobilityLA in Manhattan Beach, California. The new filing comes after the Fisker company failed to secure an investment from a big automaker to keep afloat. The automaker, unlike most of its peers, contracted a third-party manufacturer to build the Fisker Ocean crossover. Déjà vuFor Henrik Fisker, a renowned automotive designer credited with designing the BMW Z8 and Aston Martin DB9, it's déjà vu. His first namesake company – Fisker Automotive – filed for bankruptcy protection in 2013, shortly after he left the company.

Persons: Henrik Fisker, Patrick T, Fallon, Fisker, Nikola, Faraday, It's, Henrik Fisker's, Tesla, Sam Abuelsamid, Magna, Abuelsamid, Geeta Gupta, Gupta, Stephanie Valdez Streaty, Aston Martin, – Organizations: Manhattan, Los Angeles Auto, AFP, Getty, Lordstown Motors, Guidehouse, Software, U.S, Canadian, Apple, Adobe, SAP America, Manpower, Systems, CNBC, Cox Automotive, Fisker, Inc, BMW Z8, Aston, Aston Martin DB9, China's Wanxiang Locations: Manhattan Beach , California, EVs, U.S, North America, Europe

CNN —Two fast-growing fires are tearing across a southern New Mexico tribal reservation and converging on a village “like a pair of tongs,” prompting thousands of residents to evacuate, officials say. An estimated 5,000 residents were ordered to evacuate the village area due to the approaching South Fork Fire, New Mexico Forestry spokesperson George Ducker told CNN. A second blaze, the Salt Fire, is also burning on tribal land south of Ruidoso and has scorched 2,000 acres. The South Fork Fire has burned more than 5,000 acres and is zero percent contained, according to an overnight update from the New Mexico Forestry Division. Both fires are acting like “a pair of tongs, and Ruidoso is in the middle,” Ducker said.

Persons: George Ducker, Ducker, ” Ducker, Jesus Figueroa, Ruidoso, Rebecca Dennis, ” Dennis, Roswell –, Ruidoso –, ” PNM, CNN’s Melissa Alonso, Dave Alsup, Amanda Jackson, Robert Shackelford Organizations: CNN, New Mexico Forestry, Mescalero Apache, New, New Mexico Forestry Division, New Mexico State Police, Facebook, Apache Summit, Eastern New Mexico University, New Mexico State Fairgrounds, Storm, US Drought Monitor Locations: New Mexico, Ruidoso, Snow, Whitetail, Chihuahua, Lane, Summit, Los Angeles County, Northern California’s Sonoma County, Oklahoma, Sudderth, Roswell, lockstep, Lincoln County

☆ Celine Dion says her fear of stiff person syndrome has been ‘replaced with hope’
▼ + stars: | 2024-06-18 | by ( Alli Rosenbloom | ) edition.cnn.com time to read: +2 min

CNN —When it comes to Celine Dion’s ongoing treatment for stiff person syndrome, a rare neurological condition, the singer says she’s starting to feel like a new day is coming. Dion spoke at a screening of “I Am: Celine Dion” in New York that was also live streamed at an event in Los Angeles, which CNN attended. Stiff person syndrome (SPS) is “a rare, progressive syndrome that affects the nervous system, specifically the brain and spinal cord,” according to the National Institute of Neurological Disorders and Stroke. Dion announced in 2022 that she was diagnosed with the condition and that she was taking time off from professional commitments to focus on her health. “This movie is a love letter to each of you and I hope to see you all again very soon.”“I Am: Celine Dion” will be available to stream on Prime Video on June 25.

Persons: Celine Dion’s, she’s, Dion, Amanda Piquet, Celine Dion ”, Piquet, “, ”, ” Dion, I’ve, – René, Charles, Nelson, Eddy –, Love Organizations: CNN, National Institute of Neurological Disorders Locations: New York, Los Angeles

☆ Southwest is under pressure to make big changes to its planes, flights, and bag rules: Here's what they could all look like
▼ + stars: | 2024-06-18 | by ( Taylor Rains | ) www.businessinsider.com time to read: +7 min

AdvertisementSouthwest is introducing new economy seats next year, adding tablet holders and power. Southwest could charge for bags — one of its biggest free perksElliott's proposal called attention to one of Southwest's most visible perks: two free checked bags. Scott Olson/Getty ImagesThere is a way for both sides to win, according to Harteveldt: Give free checked bags to Southwest credit card holders. American, Delta, and United offer complimentary checked bags as credit card perks. The additional flights can give travelers more flexibility and give Southwest more seats to sell on a route.

Persons: —, Elliott, Southwest Airlines Elliott, Henry Harteveldt, Richard Aboulafia, Robert Jordan, CCO Ryan Green, Scott Olson, Harteveldt, Thomas Pallini, Green, Irfan Khan, Elliot, that's, Jordan, We'll Organizations: Service, Investment Management, Southwest Airlines, Business, Southwest, Atmosphere Research, Reuters, CNBC, Elliott Investment Management, Green, Boeing, The Seattle Times, Los Angeles Times, Getty, American Airlines oneworld, Oneworld Locations: IdeaWorksCompany, Las Vegas, Hawaii, Southwest, Canada, Europe, Asia, Washington

☆ American households have seen their purchasing power increase
▼ + stars: | 2024-06-18 | by ( Greg Iacurci | ) www.cnbc.com time to read: +3 min

"Real" earnings measure the net growth in workers' wages after inflation. The trend of growth in annual real earnings has persisted since May 2023, according to BLS data. That marks a reversal from April 2021 to April 2023, when inflation spiked and eclipsed growth in the average worker's paycheck. That month, the average worker saw their pay growth spike to about 6% annually. "This is good news for consumers," since it generally equates to an increase in their well-being over time, he added.

Persons: It's, Chris Tilly, Maximiliano Dvorkin, Louis, Dvorkin Organizations: Getty, U.S . Bureau of Labor Statistics, Finance, University of California, Federal Reserve Bank of St, BLS Locations: U.S, Los Angeles

☆ Disease, drought and alternative fruits: The orange juice industry is in crisis
▼ + stars: | 2024-06-18 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +3 min

A worker at a citrus fruit farm separates the tangerines for sale on June 6, 2024 in Piedade dos Gerais, in Minas Gerais State, Brazil. Pedro Vilela | Getty Images News | Getty ImagesThe orange juice industry is reeling. The crisis has even prompted some orange juice manufacturers and blenders to explore whether alternative fruits, such as mandarins, apples and pears, can be used to dilute the drink. Bottles of Simply Orange orange juice are displayed for sale in a grocery store on September 28, 2023 in Los Angeles, California. High incidence of citrus greening

Persons: Pedro Vilela, Kees, Mario Tama, What's, greening, —, Greening Organizations: Getty, Vegetable Juice Association, CNBC, Intercontinental Exchange Locations: Piedade dos Gerais, Minas Gerais State, Brazil, Los Angeles , California, New York, Florida

☆ Armie Hammer called the sexual abuse allegations against him 'career death.' Here's a timeline of the actor's controversial fall from grace.
▼ + stars: | 2024-06-17 | by ( Jacob Sarkisian | Jason Guerrasio | ) www.businessinsider.com time to read: +16 min

Hammer denied certain allegations against him, such as the allegation of rape, and simply avoided or refused to address others. Leon Bennett/WireImageDuring the timing of the alleged messages, Hammer was married to Elizabeth Chambers. AdvertisementThat same year, the actor told Elle magazine that a former girlfriend tried to stab him while they were having sex. "I hit really dark low points," Hammer told Ramsey. Hammer denied rumors that he is a cannibal, calling them "bizarre," and said he's now sober after doing an extended stint in rehab.

Persons: —, Hammer, @houseofeffie, Armie Hammer, Richard Shotwell, Jennifer Lopez, Armie, Josh Duhamel, Hammer's, Elizabeth Chambers, Leon Bennett, Chambers, Julie Miller, Elizabeth, exes, Courtney Vucekovich, Paige Lorenze, Andrew Brettler, Mr, Jessica Ciencin Henriquez, Henriquez, Rebecca, Marquis de Sade, Elle, Angelova, Gloria Allred, Brettler, Allred, Effie, wasn't, Tyler Ramsey, Ramsey, he's, I'm, Moises Mendez II, Gabi Stevenson Organizations: Service, Air Mail, Business, Los Angeles Police Department, LAPD, Hollywood, Variety, Lionsgate, Hammers, Fox News, Daily Mail, Netflix, Playboy, Hollywood Reporter, Facebook Locations: Los Angeles, Dominican Republic, Netflix Brazil, LA, Cayman Islands

☆ Biden vs. Trump: The 2024 presidential race turns to candidates’ bids for Black voters and the Supreme Court
▼ + stars: | 2024-06-17 | by ( Stephen Collinson | ) edition.cnn.com time to read: +9 min

CNN —Bitter tensions are escalating between Joe Biden and Donald Trump over race and the future of the Supreme Court as they gear up for the most critical presidential debate clash in years. This is why Trump spent Saturday in Michigan, seeking to take advantage of signs of waning enthusiasm for Biden among Black voters. According to CNN exit polls in 2020, Trump won about 1 in 10 Black voters. But a recent New York Times/Siena College poll found the ex-president winning more than 20% of Black voters in battleground states. But the Biden campaign seemed keen to show the president in an informal setting with Obama and stars including Julia Roberts and George Clooney.

Persons: Joe Biden, Donald Trump, Trump, Biden, Barack Obama, Camp David, Ron Klain, Marco Rubio, Eric Schmitt of Missouri, South Carolina Sen, Tim Scott, Byron Donalds, “ I’m, “, ”, Jasmine Harris, Obama, Jimmy Kimmel, ” Biden, ‘, kilter, Julia Roberts, George Clooney, Hunter Biden, Samuel Alito’s, he’s, Kimmel Organizations: CNN, Biden, Black, Democratic, White, Senate, Trump, Republicans, Capitol Hill, House, GOP, Saturday, Sens, Trump ”, Black Republicans, Florida Rep, Semafor, New York Times, Siena College, Los, Air Force, Sunday Locations: Trump, Europe, Los Angeles, Atlanta, Marco Rubio of Florida, Washington, Michigan, South Carolina, Detroit, Philadelphia, Milwaukee, Pennsylvania, Wisconsin, Central Park, Italy, Delaware, kilter

☆ Armie Hammer has resurfaced on a YouTube show, where he says he once thought of swimming out to sea to kill himself
▼ + stars: | 2024-06-17 | by ( Cheryl Teh | ) www.businessinsider.com time to read: +3 min

But this weekend, Hammer resurfaced on a YouTube show to talk about addiction and his stint in rehab, amongst other things. During the podcast, Hammer spoke about a time in 2021 when he was mired in scandal, during which several women accused him of sexually assaulting them . "And I just swam out really fucking far, and I thought, 'you know what, like I'm — I'm done, like there's nothing back there for me,'" Hammer said. During the podcast, Hammer also addressed — and once again denied — rumors that he is a cannibal. A lawyer associated with Hammer did not immediately respond to a request for comment from Business Insider sent outside regular working hours.

Persons: —, Hammer, Tyler Ramsey, William Morris, he's, Elizabeth Chambers, Chambers Organizations: Service, Business, William, William Morris Endeavor, Business Insider Locations: Los Angeles

☆ Pres. Biden's $30 million Hollywood fundraiser sets new record: Here's what to know
▼ + stars: | 2024-06-17 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPres. Biden's $30 million Hollywood fundraiser sets new record: Here's what to knowAlex Thompson, Axios national political correspondent, joins 'Squawk Box' to discuss President Biden's star-studded Hollywood fundraising event in Los Angeles over the weekend, state of the 2024 race, and more.

Persons: Biden's, Alex Thompson Locations: Los Angeles

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