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The result was the Mojave Desert Land Trust seed bank. In 2016, Mojave Desert Land Trust officially launched the seed bank project, which has since been described as a “Noah’s Ark” for southern California. A jar of seeds sits in one of three full refrigerators at the Mojave Desert Land Trust headquarters in Joshua Tree, California. Beau Molloy/CNN“We’ve already been able to provide seed to researchers who are studying the effects of climate change on specific species that we have in our seed bank,” Asbell adds. Beau Molloy/CNNRoughly 70,000 Joshua tree seeds are currently preserved in the seed bank, some of which could be planted in cooler locations, if needed.
Persons: birdsong, Madena Asbell, , ” Asbell, Asbell, Beau Molloy, Kelly Herbinson, ” Herbinson, hasn’t, Corina Godoy, Gerber, MDLT, CNN “ We’ve, Joshua, It’s, Seuss, Herbinson, , ” CNN’s Adeline Chen Organizations: CNN, Land Trust, MDLT, Land, Mojave, Conservation Board Locations: California, Texas, Colorado, Mojave, Joshua Tree , California
What it’s really like to live in Antarctica
  + stars: | 2024-05-23 | by ( Lilit Marcus | ) edition.cnn.com   time to read: +14 min
The Minnesota native first went to the White Continent in 2007 to work as a janitor at McMurdo Base, one of the three US outposts there. She was one of half-a-dozen people staffing the world’s southernmost post office, UK-administered Port Lockroy. Counting penguins is one of the roles Port Lockroy staff have during their time in Antarctica. Once you get the Antarctica bug, Long and Nelson say, it’s pretty hard to get rid of. In a fast-paced globalized world where everyone is on their phones all the time, Antarctica offers a rare opportunity to live a different kind of life.
Persons: United States –, Keri Nelson, Amundsen, ” Nelson, , McMurdo, Palmer, Evan Townsend, ” Keri Nelson, , Nelson, Scott Base, , Scott, Keri Nelson “, Chris Long, Long, Laura Bullesbach, Bridie Martin, Laura Bullesbach doesn’t, you’re, You’re, Port Lockroy, Bullesbach, Clare Ballantyne, ” Long, Keri Nelson Long, he’s, vacationer, ” Klaus Dodds Organizations: CNN, United, Antarctic, Minnesota, Base, Scott, Palmer, grownups, McMurdo Base, McMurdo, US, Geographic, Pole, Ocean, Scott Base, Port, Lockroy, Port Lockroy, Electronics, University of London Locations: Antarctica, Chile, Japan, Australia, United States, McMurdo, New, Ross, Amundsen, New Zealand, Russian, South America, Port Lockroy, Lockroy, Port, Denver, China
This satellite image shows Buthidaung, Myanmar, on January 17, 2024. © 2024 Maxar Technologies This satellite image shows Buthidaung, Myanmar, on May 18, 2024. This satellite image shows a damaged bridge in Buthidaung, Myanmar, on May 18, 2024. Warnings of further atrocitiesAn immediate concern is a humanitarian crisis in Rakhine state, with newly displaced residents unable to access food or clean water. The Myanmar military has blocked all access,” said Nay San Lwin.
Persons: Farooq, , Young, Volker Türk, Kyaw, , Buthidaung –, , John Quinley, Khaing, Lwin, Rohingya, Pan, Matthew Miller Organizations: CNN, Arakan Army, AA, Resource Management, Free Rohingya Coalition, International Court of Justice, Council, Myanmar, UN Human Rights Council, National Unity Government, Free Rohingya Coalition –, Maxar Technologies, , ” CNN, Bangladesh, Labs, Medecins, Rakhine . State Department, Unity Government Locations: Myanmar’s, Myanmar, Rakhine, Arakan, Bangladesh, Buthidaung, Lwin, Indonesia, San Lwin, Rakhine State
CNN —Tensions are once again ratcheting up in the Taiwan Strait, with China launching military drills encircling Taiwan just days after the democracy swore in a new leader long loathed by Beijing. The Eastern Theater Command of the Chinese People’s Liberation Army (PLA) said it launched joint military drills involving the army, navy, air force and rocket force in areas around Taiwan early Thursday morning. The drills are being conducted in the Taiwan Strait – a narrow body of water separating the self-ruling island with mainland China – as well as north, south and east of Taiwan. The Chinese guided missile frigate Nantong, one of the vessels in the series of military drills around Taiwan. The defeated Nationalist Party fled to Taiwan, moving the seat of their Republic of China (ROC) government from the mainland to Taipei.
Persons: , Lai Ching, China’s, Xi Jinping, Li Xi, Lai, Wu Mei, Carlos Garcia Rawlins, Tsai Ing, Tsai –, Mike Gallagher Organizations: CNN, Communist Party, Eastern Theater Command, People’s Liberation Army, PLA, People's Liberation Army, Weibo, Taiwan’s Defense Ministry, Democratic Progressive Party, DPP, Chinese Communist Party, CCP, Nationalist Party, US, Communist, Beijing, Tuesday Locations: Taiwan, China, Beijing, Kinmen, Taipei, People’s Republic of China, Republic of China, Xi, Washington
CNN —Longstanding abortion restrictions like waiting periods and provider regulations are now under legal attack in states where Roe v. Wade’s reversal prompted voters to amend their state constitutions to protect abortion rights. But the success abortion rights advocates have had in passing such measures in purple states and even Ohio – where Republicans have dominated recent elections – is notable. Anti-abortion activists say that abortion rights advocates are stretching the constitutional amendments beyond their meaning, suggesting that voters in other states should be wary. Abortion rights advocates say that the legal landscape differs state by state, so it’s difficult to predict the litigation that could come out of the proposed amendments if adopted. There are campaigns for initiatives to expand abortion rights in several other states, but only in a few states so far have abortion rights advocates cleared the required hurdles to guarantee the proposals will be on the ballot.
Persons: Roe, ’ pushback, Dobbs, ’ ”, Rabia Muqaddam, , Meagan Burrows, Katie Daniel, Susan B, Anthony Pro, Dana Nessel, Eric Restuccia, , ” Genevieve Marnon, Casey –, Dave Yost, ” Yost, Casey, Yost, Jessica Arons, “ We’re, ” Arons Organizations: CNN, ACLU, Jackson, Health, Center for Reproductive Rights, Republicans, Democrat, Democratic, Republican, “ Voters Locations: Ohio, Michigan, In Ohio, Michigan and Ohio, California, Florida , Arizona , Missouri, Dobbs, Roe, Arizona
The Shanghai-based company reported Wednesday that net profit soared 246% to 28 billion yuan ($3.9 billion) in the first quarter of 2024, more than double the average analyst estimate of 12.62 billion yuan ($1.7 billion), according to LSEG data. Revenue jumped 131% to 86.81 billion yuan ($12 billion) in the period, also comfortably beating expectations. He is still the company’s biggest shareholder, with a stake of 25% stake, and ranks as China’s second richest man with a fortune of nearly $52 billion, according to the Bloomberg Billionaires Index. Temu, PDD’s international app, was launched in 2022, and as of last November it had acquired nearly 17% of the US online discount store market, according to Earnest Analytics. Last month, South Korean regulators investigated Temu on suspicion of false advertising and unfair ppractices, according to the Yonhap news agency.
Persons: Nomura, PDD, Colin Huang, Pinduoduo, Alibaba’s Taobao, Morgan Stanley, , Lei Chen, Chen Organizations: Hong Kong CNN — PDD Holdings, Revenue, Nasdaq, Bloomberg, Data Locations: Hong Kong, Shanghai, , PDD’s, Alibaba, Hangzhou, Beijing, China, European
Dollar hovers near highest in a week after hawkish Fed minutes
  + stars: | 2024-05-23 | by ( ) www.cnbc.com   time to read: +3 min
The yen l anguished just above a three-week low despite the continued threat of intervention by Japanese officials. The dollar index, which tracks the currency against six major rivals including the euro , sterling and yen, was little changed at 104.89 after gaining 0.28% overnight. The dollar was little changed at 156.77 yen after rising to 156.85 overnight, the highest since May 1. Traders and analysts suspect Japan's Ministry of Finance intervened several times to support the yen following its plunge to a 34-year low of 160.245 per dollar on April 29. Bigger rival bitcoin was little changed at $69,491 after reaching $71,957 on Tuesday for the first time since April 9.
Persons: Sterling, Ether, James Kniveton, Japan's, Rishi Sunak, bitcoin Organizations: Bank of Japan, Reserve, Federal, Traders, of Finance, Bank of England, Conservatives, Labour Party, Labour, Securities
It's worth noting that their comments come as the world's first major law governing AI, the EU's AI Act, was given the final greenlight. Meanwhile, European Commissioner Thierry Breton, a major architect of rules around Big Tech, is set to speak later in the week. Vogels, who is tasked with driving technology innovation within Amazon , said that AI can be used to "solve some of the world's hardest problems." Manyika said Google open-sourced its watermarking tech so that any developer can "build on it, improve on it." "I am concerned that there is potential for monopolies to emerge around Big Tech and AI," he said.
Persons: Rafael Henrique, Lightrocket, Werner Vogels, Society James Manyika, Thierry Breton, Vogels, Manyika, it's, Google's, Gemma AI, Emmanuel Macron, Eric Schmidt, Yann LeCun, Macron, Matt Calkins, Appian, Calkins Organizations: Getty, France —, Viva Tech, Amazon Chief, Google, Technology, Society, Regulators, Big Tech, European Union, Microsoft, Amazon, Meta, Elysee, CNBC Locations: PARIS, France, Paris, Jakarta, Indonesia, View , California, U.S
CNBC Daily Open: Nvidia shares top $1,000 on AI boom
  + stars: | 2024-05-23 | by ( Abid Ali | ) www.cnbc.com   time to read: +3 min
This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Nvidia to split stock, sales to soarShares of Nvidia rose more than 7%, topping $1,000 for the first time, in after-hours trading after its first-quarter earnings and sales beat analysts' expectations. The company plans to split its stock 10 for 1. The media outlet went public in 2021 and has seen its shares fall 94% since then.
Persons: OpenAI, Vivek, Vivek Ramaswamy, Ramaswamy, Goldman Sachs Organizations: CNBC, Nvidia, Dow Jones, Nasdaq, Dow, Google, GOP, Securities and Exchange Commission
A Vox story on Saturday said the company could take back vested equity if departing employees did not sign a non-disparagement agreement. "For a company to threaten to claw back already-vested equity is egregious and unusual," California employment law attorney Chambord Benton-Hayes told Vox. AdvertisementOn Saturday, OpenAI CEO Sam Altman said on X, "Vested equity is vested equity, full stop." We have not and never will take away vested equity, even when people didn't sign the departure documents. Not signing "could impact your equity," OpenAI told one of them, per Vox.
Persons: , Chambord Benton, Hayes, Vox, Sam Altman, Altman, Kelsey Piper's, OpenAI execs, Jason Kwon, Kwon, OpenAI, i've, Scarlett Johansson Organizations: Service, Equity, Business, Vox Locations: California, Vox
Other Australians stranded have had to go scrounge coconuts to eat,” he said. Maxwell Winchester and his wife, an Australian couple stranded in New Caledonia after the unrest broke out. But Winchester said he and other tourists have no sense of when it might be their turn. People line up at a store for supplies in New Caledonia, with larger supermarkets nearby burned and looted during the riots on the French territory. And among the stranded tourists, frustration is growing over what they say is a lack of assistance or clear instructions from their governments.
Persons: Maxwell Winchester, it’s, We’ve, , Emmanuel Macron, , “ We’re, Winchester, Macron, Prisca Thevenot, Theo Rouby, we’re, Organizations: CNN, , New Zealand, Facebook, Australia’s Department of Foreign Affairs and Trade, New Zealanders, Olympic, Paris Olympic Games, ” CNN, Getty Locations: South, New Caledonia, Victoria, Australian, ” Australia, New, Brisbane, Australia’s, , Brisbane , New Caledonia, Paris, France, , Winchester, Noumea , New Caledonia, AFP, French
European markets are heading for a slightly higher open Thursday as traders digest the minutes of the last U.S. Federal Reserve meeting, which revealed Fed officials have concerns over sticky inflation and remain cautious on possible interest rate cuts. U.K. markets will be closely watched Thursday after Prime Minister Rishi Sunak announced that a general election will be held on July 4, ending months of speculation over the date of a national vote. As polls stand, the ruling Conservative Party is expected to lose to the opposition center-left Labour Party.
Persons: Rishi Sunak Organizations: Federal Reserve, Conservative Party, Labour Party Locations: U.S
Oil prices fall on worries of higher U.S. interest rates
  + stars: | 2024-05-23 | by ( ) www.cnbc.com   time to read: +2 min
An aerial view of a crude oil storage facility is seen on May 4, 2020 in Cushing, Oklahoma. Oil prices eased for a fourth straight day on Thursday on worries that U.S. borrowing costs could be hiked again if inflation surged, a move that could hurt oil demand. Brent crude futures fell 27 cents, or 0.3%, to $81.63 a barrel at 0004 GMT. U.S. West Texas Intermediate crude (WTI) futures were down 35 cents, or 0.5%, at $77.14. Higher interest rates boost borrowing costs, crunching funds that could boost economic growth and oil demand.
Persons: Brent Organizations: Brent, . West Texas, Federal, Energy Information Administration, Organization of, Petroleum, Secretariat, Russian Energy Ministry, Wednesday, Citi Research, Citi Locations: Cushing , Oklahoma, U.S, Russia, OPEC
Read previewAn online joke about Iranian President Ebrahim Raisi being killed in a helicopter crash by a Mossad agent named "Eli Copter" has fooled several media outlets — including Russian state TV host Vladimir Solovyov. Raisi, 63, died on Sunday in a helicopter crash alongside several senior officials in northwest Iran, with state media saying the vehicle struck a mountainside. An Israeli official said Tel Aviv was not involved in the crash, which Solovyov challenged. AF - The IDF Mourns The Loss Of Their Undercover Agent, Eli Copter pic.twitter.com/G0tok0TFyV — Associated Fress (@AssociatedFress) May 19, 2024Several people reporting about Raisi's death seemed to have missed the joke. Haik later quoted the Hamas message on i24, saying that the involvement of "Eli Copter" was a rumor that couldn't yet be confirmed.
Persons: , Ebrahim Raisi, Eli Copter, Vladimir Solovyov, Solovyov, Daniel Haik, Eli Copter pic.twitter.com, Haik Organizations: Service, Business, Tel, Russia Media Monitor, IDF, Hamas, Telegram, i24 France, Kremlin, West, Washington, Observatory, MIT Media Lab, Center for Locations: Iran, Israel, Tel Aviv, Russia, Tehran, Moscow, Ukraine
"You can't ignore it, you have to do business there, even if you decide not to do business there, you need to understand what's going on," Leenart said, adding that what happens in China "influences every industry around the world." In terms of purchasing power parity, China currently accounts for 19% of global GDP and 48% of Asia's GDP . China is too big to be sidelined, and investors "have to do business there," JPMorgan Asia Pacific CEO Sjoerd Leenart said Thursday, adding that the country had emerged as the second world power. Given how extensively China is linked with the region, Leenart emphasized that there needs to be "good activity" in China in order to have a buoyant investment banking business. "I think that [China] have a lot to sell to the world, and that product will be needed all over the world," said Leenart, adding that he sees a lot of opportunity in China.
Persons: Leenart, CNBC's, Sjoerd Leenart, We've Organizations: JPMorgan Chase &, CNBC's Sri, Global China Summit, JPMorgan Asia Pacific, Investors, China's National Bureau of Statistics, Reuters, Wilson Locations: New York, United States, China, CNBC's Sri Jegarajah, Shanghai . China, Asia, Japan, South Korea, Taiwan, Vietnam
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBeijing doesn't think Biden and Trump administrations are good for China, professor saysCheng Li, founding director of the Centre on Contemporary China and the World at the University of Hong Kong, discusses why neither administration is good for China from the country's perspective.
Persons: Beijing doesn't, Biden, Trump, Cheng Li Organizations: Beijing, Contemporary, University of Hong Locations: China, Contemporary China, University of Hong Kong
That figure was 0.7%, or $12, less than in 2023 but is still 22.5% higher than the pre-pandemic rent rate of $1,407 in April 2019. Advertisement18 cities where rents have fallenRenting is also much more affordable than it was during the pandemic peak. The typical Austin apartment in April went for $1,494, which is down 11.5% — or nearly $200 — from the peak rent of $1,689 in September 2022. Below are the 18 US cities, many of which became Zoomtowns during the pandemic, where apartment prices are down at least 5% from their post-2019 peak. Along with each is its ​​median rent in April, year-over-year rent change, peak rent, and change from that peak rent figure.
Persons: , Realtor.com, Jiayi Xu, Xu, Austin Organizations: Service, Business, Star Locations: Austin
Read previewTwo of the world's most important chip companies can push a "kill switch" remotely on their most advanced chipmaking machines should China invade Taiwan, Bloomberg reported on Tuesday, citing people familiar with the matter. The Netherlands's ASML — Europe's top tech company by market value — supplies advanced machines to chip-making companies. The US has also pressured the Netherlands to block some ASML exports to China to limit the country's ability to manufacture advanced chips. Rising concerns over Taiwan Strait developmentsThere are concerns about China's intensifying drills around Taiwan after Taiwan inaugurated its new President, William Lai — whom Beijing has branded as a separatist — on Monday. But Nvidia CEO Jensen Huang told Bloomberg TV on Tuesday that that the world's tech sector is likely to continue depending on Taiwanese manufacturing for "some time."
Persons: , Taiwan's, ASML, William Lai —, Li Xi, Jensen Huang Organizations: Service, Bloomberg, Business, East, Dutch, China's People's Liberation Army, Nvidia Locations: China, Taiwan, Washington, Beijing, Netherlands, Arizona, Japan, Germany
Here's how family offices are investing this year and how they plan to change their allocations in the next five years, according to UBS' Global Family Office Report 2024. Family offices plan to maintain the same allocation for 2024 – at 16%. Real estate Apart from fixed income, real estate was the other big change in how family offices invested last year, according to UBS. But family offices plan to increase the real estate part of their portfolios — to 12% in 2024, according to the report. Elsewhere, family offices are investing in Western Europe – in sectors such as luxury goods and automation, and in Asia Pacific (35%).
Persons: That's Organizations: UBS, Global, , Globally, Koh Locations: North America, U.S, Western Europe, Asia, Greater China
Courtesy Demi DrewI've only seen her 3 times since I movedIn seven years, I've seen my mom three times. Collectively, I've spent six weeks with her the entire time I've lived abroad. I remember having my heart broken for the very first time, sobbing hysterically to my mom on FaceTime and being unable to hug her. Photo credit: Mauricio MerinoI actually appreciate her more nowDespite the 9,000 miles that separate us, my mom and I are closer than ever. Finding ways to connect with my mom and the life she lives in South Africa means being intentional with my time and how I choose to spend it.
Persons: I've, Demi Drew, Demi Drew I've, Demi Drew's, hysterically, I'm, Mauricio Merino Organizations: Business, Bridge, Central, Netflix Locations: Brooklyn , New York, Port Alfred, South Africa, New York, Central Park
A man in Texas purchased a new house only to find a squatter and her goat still living there. He bought the San Antonio property for $175,000 from a woman who was about to foreclose. AdvertisementWhen Daniel Cabrera purchased a five-bedroom property in San Antonio, he didn't expect to find the previous inhabitant still living there along with her aggressive pet goat. Cabrera, a professional homebuyer, purchased the property for $175,000 from a woman who was about to foreclose, Fox News reported. This story is available exclusively to Business Insider subscribers.
Persons: , Daniel Cabrera, Cabrera, couldn't Organizations: San, Service, Fox News, Business Locations: Texas, San Antonio, foreclose
Nikki Haley said she'll vote for Trump but says he needs to reach out to her supporters. Trump faces challenges with suburban voters, John Dorman reported and needs to woo Haley voters. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementFormer UN Ambassador Nikki Haley exited the GOP presidential primary on March 6 but pointedly declined to endorse the frontrunner and now-presumptive nominee, former President Donald Trump, saying he needed to win over her voters. This story is available exclusively to Business Insider subscribers.
Persons: Nikki Haley, John Dorman, Haley, , Donald Trump Organizations: Trump, Service, GOP, Hudson Institute, Trump —, Business
But, since then, the apps seemed to have changed the way dating worked. Celibacy and a different approach to dating are, to me, the only answers to the kind of dehumanizing behavior the apps today provoke. AdvertisementThe author stopped using dating apps and only dates men she already knows. Dating apps throw people together with none of the social glue that binds us in our IRL trusted networks. Some people might call this style of dating "friends with benefits," but I don't.
Persons: Tinder, Bumble, I've, We'd, who'd, we're, I'd Organizations: Service, National, coy, Facebook, IRL Locations: Spain, Ireland, Istanbul
Nvidia announced it is shipping its new Blackwell AI chip next quarter amid high demand. CEO Jensen Huang highlighted the strong interest in both Blackwell and current Hopper chips. "People want to deploy these data centers right now," CEO Jensen Huang told Yahoo Finance on Wednesday. "They want to put our GPUs to work right now, and start making money and start saving money. And so that demand is just so strong," Huang added, referring to graphics processing units.
Persons: Jensen Huang, Blackwell, , they're, Huang Organizations: Nvidia, Blackwell, Hopper, Service, Yahoo Finance, Business
Participants across the country have told BI they spent basic income money to pay rent, afford groceries, pay off debt, and support their children. In April, Chicago announced that it will restart it's basic income program. The renewed Chicago program will join a wave of over 100 basic-income pilots that have been launched since 2019. Fisher is still worried about costs, but Chicago basic income gave her 'a brand new start'When Fisher began receiving basic income, she felt immediate relief. With basic income payments, Fisher was able to afford daily expenses and buy the clothes and shoes she and her daughter needed.
Persons: , Jennette Fisher, Sophia, Fisher, Fisher would've, Teri Olle, Chuck E, hadn't, She's, she's, Chicago's Organizations: Service, Business, SNAP, Economic Security, Chicago, father's Locations: Chicago, City, Economic Security California
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