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☆ Where Canada's 'super pigs' are most likely to invade the US — and potentially cause millions of dollars in damage
▼ + stars: | 2024-06-01 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +5 min

Read previewResearchers have warned that Canadian "super pigs" could soon invade the US, potentially causing millions of dollars in damage — and four states in particular are especially at risk. The researchers used data from GPS collars on feral pigs to follow their movement patterns and determine their invasion potential. Rodger Mallison/Fort Worth Star-Telegram/Tribune News Service/Getty ImagesBrook called the super pigs an "environmental train wreck." According to USDA estimates, feral pigs already cause $2.5 billion worth of damage to US agriculture annually. So, regardless of what you've heard, it's unlikely you can shoot your way out of a super pig invasion.

Persons: —, Ryan Brook, Rodger Mallison, John Kilgo, Brooks, you've Organizations: Service, Farmers, Business, University of Saskatchewan, Fort Worth Star, Tribune, USDA Forest Service Locations: Canada, Alberta , Saskatchewan, Manitoba, Montana , North Dakota, South Dakota, Minnesota, Stephensville , Texas, California, Texas, Florida, Americas, , Montana, South Carolina

☆ China will restrict exports of some aviation, aerospace equipment to 'safeguard national security'
▼ + stars: | 2024-05-31 | by ( Sheila Chiang | In Sheilachiang | ) www.cnbc.com time to read: +1 min

SHANGHAI, CHINA - DECEMBER 09: Captain Zhao Hongbing waves a Chinese national flag after the first C919 large passenger aircraft of China Eastern Airlines landed at Shanghai Hongqiao International Airport on December 9, 2022 in Shanghai, China. (Photo by Yin Liqin/China News Service/VCG via Getty Images)China on Thursday said it will restrict the exports of certain aviation and aerospace components and technologies starting July 1, citing the need to "safeguard national security." The new regulations seek to better protect national security and fulfill international obligations such as non-proliferation, a spokesperson from the Ministry of Commerce said in a statement. The notice was jointly announced with the General Administration of Customs as well as the Equipment Development Department of the Central Military Commission. Exports of items including equipment, software and technologies related to aerospace structural components, engine manufacturing and manufacturing of gas turbines will require export licenses.

Persons: Zhao Hongbing, Yin Liqin Organizations: China Eastern Airlines, Shanghai Hongqiao, China News Service, Getty Images, Ministry of Commerce, Administration of Customs, Equipment Development Department of, Central Military Commission Locations: SHANGHAI, CHINA, Shanghai, China

☆ Department of Labor sues Hyundai over child labor
▼ + stars: | 2024-05-31 | by ( Peter Valdes-Dapena | Ramishah Maruf | ) edition.cnn.com time to read: +2 min

In a new complaint, the department alleges Best Practice, a staffing agency, sent the child to work at SMART Alabama, which provided car parts to Hyundai. The complaint alleges all three companies were responsible for employing the child. “We are reviewing the new lawsuit and intend to vigorously defend the company,” Hyundai said in a statement provided to CNN. The complaint, filed in an Alabama federal court, seeks an order requiring the companies to release any profits related to the use of child labor as well as an order to stop any future use of child labor. Hyundai and its suppliers had been the subjects of a series of investigations by news service Reuters into the use of child labor in Alabama.

Persons: Jessica Looman, ” Hyundai, “, Hyundai Organizations: CNN, United States Department of Labor, Hyundai, SMART Alabama, Fair Labor, Reuters Locations: Alabama, United States, America

☆ Publishers and advertisers demand that Apple's Tim Cook stop the rollout of an anticipated 'web eraser' tool over fears it'll hobble web advertising
▼ + stars: | 2024-05-29 | by ( Lara O'Reilly | ) www.businessinsider.com time to read: +6 min

You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. The French group of trade associations fears that Apple's web eraser could represent another example of Big Tech implementing disruptive changes over which media and advertising companies have no control. Apple generates advertising and subscription revenue from its Apple News service, though it makes the majority of its ad revenue from search ads within the Apple App Store. A spokesperson for the NMA said the organization hadn't heard back from Apple since it sent the letter on May 10.

Persons: —, Tim Cook, Apple's Cook, Thierry Breton, Apple, NMA, hadn't Organizations: Service, Apple, Business, Safari, Alliance, SRI, Union des Marques, Big Tech, Google, Facebook, Publishers, Apple News, French Competition Authority, Europe's, UK's News Media Association, Daily Mail, Guardian Locations: France, Europe, Germany

☆ 6 NATO countries are planning to build a 'drone wall' to defend themselves against Russia, reports say
▼ + stars: | 2024-05-27 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +1 min

Six NATO countries are planning a "drone wall" to defend against Russia. Finland, Norway, Poland, and the Baltic states want to prevent smuggling and Russian provocations. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementSix NATO countries are joining forces to create a "drone wall" to defend themselves against Russia, AFP news agency reported. Over the weekend, ministers from Finland, Norway, Poland, Estonia, Latvia, and Lithuania convened to discuss a coordinated system to help defend against Russian provocations and smuggling attempts, per the Financial Times.

Persons: —, Agnė Bilotaitė Organizations: NATO, Service, Financial Times, Baltic News Service, Business Locations: Russia, Finland, Norway, Poland, Baltic, AFP, Estonia, Latvia, Lithuania

☆ Here’s why we eat popcorn at the movies
▼ + stars: | 2024-05-25 | by ( Alicia Wallace | ) edition.cnn.com time to read: +11 min

But the perfect (and very profitable) pairing of today wasn’t always the case: For many years, movie theaters wanted nothing to do with the snack. People watch movies in a newly reopened AMC River East theater on Aug. 20, 2020, in Chicago. Popular movies often bring collectible cups and popcorn buckets, or, in industry-speak, Collectible Concession Vehicles (CCVs). The cinema business will continue to evolve, but one thing will remain constant, said Gil of Queen’s University. “Theaters will stop playing movies before they will actually stop selling popcorn.”

Persons: “, Fred Astaire, Ginger Rogers, ” Paul Dergarabedian, Andrew F, ” Smith, Cracker Jack, ”, Smith, ’ ” Smith, hawkers, Peter Stackpole, John Aitkin, John Sr, Aitkin, Alicia Wallace, CNN It’s, Loren Williams, Alicia Reese, Ricard Gil, Jason Wambsgans, Gil, Wedbush’s Reese, Red Robin, ” Nels Storm, Garfield ”, Cory Ryan, Heather Morgan, Alamo’s, ” Andrew Sherburne, Christian Meoli, Camilla Meoli, ” Gil Organizations: Minneapolis CNN, CNN, AMC, Exposition, Bettmann, Riverview, “, Riverview Theater, Wedbush, Queen’s University, Chicago Tribune, Tribune, Service, Waffle, AMC Theatres ’, Walmart, Kroger, Alamo, University of Iowa’s, Cinemas Locations: Minneapolis, America, New England, South America, Philadelphia, Texas, South Minneapolis, Riverview, “ Kingdom, Canada, Chicago, Brooklyn , New York, Iowa City , Iowa, Seattle, Emerald, California

☆ It's not your imagination. Pickleball courts are everywhere
▼ + stars: | 2024-05-22 | by ( Jessica Golden | ) www.cnbc.com time to read: +4 min

In 2017, fewer than half of the largest U.S. cities offered formalized pickleball courts. "We have found New York City parks to really understand the popularity of pickleball and also the need for more courts," said Cannon. We're excited to meet the increasing demand and bring Pickleball Kingdom's premier indoor pickleball to the masses," said Ace Rodrigues, founder and CEO of Pickleball Kingdom. Pickleball courts are also popping up at gyms throughout the country. Life Time, an "athletic country club," currently boasts almost 700 pickleball courts across its 170 U.S. locations.

Persons: Wang Fan, Will Klein, Klein, pickleball, Erica Desai, Mary Cannon, Pickle, Cannon, Desai, Pickleball, Rodrigues, Andre Agassi, Bahram Akradi, Ben Johns, Collin Johns, Anna Bright, Tyson McGuffin, Mike Stobe Organizations: Central Park, China News Service, Getty, Trust, Public, Pickle, Long, PENN, Garden Locations: Central, New York City, pickleball, Louisville , Kentucky, Madison , Wisconsin, Honolulu, Manhattan , Brooklyn, Long Island City, Kingdom, Pickleball, United States, Pickleball Kingdom, U.S, Annapolis , Maryland, Madison

☆ Asia markets poised to climb ahead of China rate decision; key Japan data on deck this week
▼ + stars: | 2024-05-20 | by ( Lim Hui Jie | ) www.cnbc.com time to read: 1 min

A man walks past the People's Bank of China (PBOC) building on July 20, 2023 in Beijing, China. (Photo by Jiang Qiming/China News Service/VCG via Getty ImagesAsia-Pacific markets mostly rose Monday to kick-start a week packed with economic data from across the region. China, which laid out measures on Friday to boost its property market, will announce its one- and five-year loan prime rates later in the day. The five year LPR is a key reference rate for housing mortgages. Later this week, investors will also look to trade, inflation and business activity data out from Japan, while Singapore will release its April inflation data and final figures for its first-quarter gross domestic product.

Persons: Jiang Qiming Organizations: People's Bank of China, China News Service, Getty Images Locations: Beijing, China, Getty Images Asia, Pacific, Japan, Singapore

☆ Rich Chinese millennials are creating new status symbols. Here are 11 ways they are redefining luxury.
▼ + stars: | 2024-05-19 | by ( Alexandra Bacon | ) www.businessinsider.com time to read: +12 min

Rich millennials in the US have been known to splash out on their pets, new laundry rooms, and expensive coffee machines. And over in China, rich millennials have their own ideas of what counts as a luxury status symbol. AdvertisementExpect to see these rich millennials mixing luxury casual wear like T-shirts and sneakers with traditional luxury brands, Banta told BI. And getting regular aesthetic treatments has become a top priority for affluent millennials, Banta told BI. Independent luxury brands that offer more authentic products and those that draw on cultural heritage are also highly in demand, she said.

Persons: —, they've, Rich millennials, They've, Claudio Lavenia, Louis Vuitton, Daniel Langer, Amrita Banta, Budrul Chukrut, Elisa Harca, Ant Asia, Mary, Kate, Ashley Olsen, prioritizes, Harca, Banta, JUAN BARRETO, Olivia Plotnick, Port Ellen, Alexandra Bacon, Ewan Andrew, Langer, Black Pearl, JOHANNES EISELE, Olivier Morin, Plotnick, Tom Dixon, Potnick, Gen, Gabriella Tegen, Gen Z Organizations: Service, Business, Pepperdine University, Research, Getty, JUAN BARRETO Travel, Wai, Social, Diageo, Michelin, China Morning, Meituan, Clover, Bloomberg, Clover Suites, China News Service, McKinsey, Brands, Independent Locations: China, Antarctica, Iceland, Shanghai, Port, Scotland, That's, Harca, Singapore, Banta, millennials

☆ From Taylor Swift tickets to gasoline — these days everyone feels like they’re being price-gouged. Are they?
▼ + stars: | 2024-05-18 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +8 min

Taylor Swift performs onstage during "Taylor Swift | The Eras Tour" at SoFi Stadium on August 09, 2023 in Inglewood, California. At the core of the increasingly common accusation of price gouging is the sense that the consumer is being exploited. Price gouging is in the eye of the bidderGavin Roberts, chair of Weber State University’s economics department and who studies the effect of anti-price gouging laws, said the laws themselves often don’t define what price gouging is. Corporations charging as much as they can, as painful as it may be for consumers, doesn’t mean they’re necessarily price gouging, said Roberts. Steven Suranovic, an economics professor at George Washington University who has also published research on price gouging, sees it differently.

Persons: Emily Miller lucked, Taylor, Miller, Swift, ” Miller, Taylor Swift, Kevin Winter, it’s, —, Joe Biden — can’t, we’re, Gavin Roberts, Biden, ”, Biden hasn’t, ” Biden, Roberts, Steven Suranovic, Martin Shkreli, Shkreli, Price, Trent Sprague, Lyft, Uber, Travis Kalanick, It’s, ” Suranovic, Rafi Mohammed, Stefani Reynolds, Teresa Murray Organizations: New, New York CNN, CNN, Rights, Weber State, Corporations, George Washington University, Turing Pharmaceuticals, LinkedIn, O'Hare International, Chicago Tribune, Tribune, Service, Consumer, Culture, Profit, Getty Locations: New York, Pittsburgh, Cleveland, Inglewood , California, Chicago, New York City, Washington ,, AFP, US

☆ Margaritaville at Sea failed a surprise health inspection due to too many people in hot tubs and concerns about food safety
▼ + stars: | 2024-05-16 | by ( Monica Humphries | ) www.businessinsider.com time to read: +4 min

Read previewOn May 1, CDC officials boarded Margaritaville at Sea, a Jimmy-Buffet-themed ship that welcomes 1,680 passengers, for an unexpected health inspection. In the inspection detail report, officials noted food and drink concerns as well as crowded whirlpools. Beyond food and drink, the officials noted that whirlpools often had six guests, although they're designed for a maximum of four people. Previously, the MSC Seaside failed with a score of 67, Business Insider reported last spring. In the past two years, multiple Business Insider reporters have boarded the Margaritaville at Sea Paradise ship, and their reviews have been mixed.

Persons: —, whirlpools, they're, Patrick Connolly, Norwegian Joy, Margaritaville, Brittany Chang, Lauren Mack, staterooms, Mack Organizations: Service, CDC, Sanitation, Business, Margaritaville, USPH, MSC, Orlando Sentinel, Tribune, Getty, Vessel Sanitation, Disney, Summit, MSC Seascape, Silver, Norwegian Pearl, Paradise Locations: Oceania, Rotterdam, Norwegian

☆ Trump's worst rebukes from NY judges were all for attacks on women who made him look bad in court
▼ + stars: | 2024-05-11 | by ( Laura Italiano | ) www.businessinsider.com time to read: +11 min

Cowbells herald a third Trump outburstDonald Trump at his criminal hush-money trial with lawyers Todd Blanche, left, and Emil Bove. I will not tolerate that," state Supreme Court Justice Juan Merchan complained of Trump to defense lawyer Todd Blanche, his voice raised. Then there was Stormy DanielsA courtroom sketch of Stormy Daniels on the witness stand in Donald Trump's hush-money trial. Defense lawyer Susan Necheles questions Stormy Daniels as Donald Trump and Judge Juan Merchan look on. Advertisement"As recently as, I believe, Wednesday night, he was on TikTok," Blanche, the defense lawyer, complained to Merchan before court broke for the week on Friday.

Persons: —, Donald Trump, Trump, riled Trump, they're, Debbie Walsh, Walsh, Donald Trump's, Allison Greenfield, enemies.i Curtis, David Dee Delgado, Arthur Engoron, who'd, Greenfield, Jean Carroll Donald Trump, Jean Carroll, Andrew Kelly, Luiz C . Ribeiro, Lewis Kaplan, audibly —, Carroll, Roberta Kaplan, Cowbells, Todd Blanche, Emil Bove, Jabin, Michael Cohen, Stormy Daniel, Joe Biden's, Juan Merchan, Stormy Daniels, Jane Rosenberg, Daniels, swatting Trump, Merchan, audibly, — Daniels, Blanche, Susan Necheles, Mary Altaffer, Michael Cohen Cohen — Trump's, fining Trump, Cohen, he's, MAGA Organizations: Service, Business, Trump, Center for American Women, REUTERS, New York Daily News, Tribune, Getty, Reuters, GOP, AP Locations: Manhattan, York, New, New York City, Lake Tahoe, New York

☆ The next union organizing wave is at Apple
▼ + stars: | 2024-05-10 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +7 min

Apple store workers in Towson, Maryland, made history in June 2022 when they voted to form the first union at one of the tech giant’s sleek US stores. But the union vote in New Jersey this weekend, along with other efforts across the country, could just be the beginning. The Apple workers (possibly) going on strike is going to be a spark for other workers,” Bronfenbrenner said. Workers at the Towson Town Center Apple hold their new union T-shirts after their store employees decided to join the International Association of Machinists Union. Theirs is the first Apple store in the US to vote for union representation.

Persons: Apple, ” Kate Bronfenbrenner, ” Bronfenbrenner, Jay Wadleigh, Barbara Haddock Taylor, Bronfenbrenner, There’s, “, ”, Catherine Thorbecke Organizations: New, New York CNN, Apple, Big Tech, US, Employees, National Labor Relations Board, Labor Education Research, Cornell’s School of Industrial and Labor Relations, Oklahoma City, Towson, CNN, Maryland Apple, International Association of Machinists, Aerospace Workers Coalition, Retail Employees, Workers, Towson Town Center Apple, Baltimore Sun, Tribune, Service, Getty Images, Google, Union, NLRB, World Trade, US Labor Board Locations: New York, Washington, China, Towson , Maryland, Baltimore, Maryland, New Jersey, New York City, United States, International Association of Machinists Union, Short Hills, Atlanta, Cupertino , California

☆ Rivian, Lucid and other EV startups scramble to shore up cash and reassure Wall Street
▼ + stars: | 2024-05-10 | by ( Michael Wayland | ) www.cnbc.com time to read: +5 min

In this article NKLARIVNLCID Follow your favorite stocks CREATE FREE ACCOUNTR1T trucks on the assembly line at the Rivian electric vehicle plant in Normal on April 11, 2022. Stock Chart Icon Stock chart icon Performance of Rivian, Lucid and Nikola stocks over the past year. Rivian reported $7.86 billion in cash, cash equivalents, and short-term investments to end March, with more than $9 billion in total liquidity. Lucid, for its part, ended the first quarter with approximately $4.6 billion in cash, cash equivalents and investments, with total liquidity of approximately $5.03 billion. Unlike Rivian and Lucid, Nikola is exclusively focused on commercial vehicles rather than ones to retail customers.

Persons: Brian Cassella, Tesla, Itay Michaeli, Rivian, Rivian's, Peter Rawlinson, he's, Rawlinson, " Rawlinson, LSEG, Nikola, Thomas Okray, Okray, Derek Jenkins, David Swanson Organizations: Tribune, Service, Rivian, Lucid Group, Nikola Corp, Wall Street, Citi, Saudi, Public Investment Fund, Wall, Lucid, Los Angeles Auto Locations: Normal, Illinois, Georgia, Normal , Illinois, Los Angeles , California, U.S

☆ Ahead of retail earnings, here's what we know about the consumer so far
▼ + stars: | 2024-05-07 | by ( Robert Hum | ) www.cnbc.com time to read: +5 min

There are signs that the U.S. consumer is still spending, especially on experiences. But stubbornly high prices are squeezing consumers with lower incomes, pressuring everyday purchases and corporate profits. Broadly speaking, credit card companies like American Express, Visa and MasterCard have described spending trends as "relatively strong," "relatively stable," and even "healthy." Priceline parent Booking Holdings told analysts there are no signs consumers are taking shorter vacations or trading down in their hotel choices. McDonald's added that "the consumer is certainly being very discriminating in how they spend their dollar."

Persons: Brandon Bell, Morgan Stanley's Michael Wilson, Morgan Stanley, Mike Stocker, Stanley Black, Decker, —, Anton Pinsky, Beata Zawrzel, Laxman Narasimhan, Shack, Domino's, Pavlo Gonchar Organizations: Getty, Home Depot, Walmart, American Express, Visa, MasterCard, PayPal, Booking Holdings, Las, Port, Tribune, Service, Consumers, Whirlpool, Corp, Starbucks Corp, Nurphoto, Lightrocket Locations: Austin , Texas, U.S, Las Vegas, Port of Miami, Krakow, Poland, Russia, Ukraine

☆ I was laid off from my job at a fancy convenience store chain when it suddenly shuttered. My final shift felt like 'The Purge.'
▼ + stars: | 2024-05-07 | by ( Maria Noyen | ) www.businessinsider.com time to read: +7 min

Foxtrot, an upscale convenience-store chain, shuttered its 33 locations on April 23. AdvertisementThis as-told-to essay is based on a conversation with Declan Rhodes, a 25-year-old former employee of Foxtrot, an upscale convenience store chain that was based in Chicago. This will be a nice little survival job while I'm auditioning." It was just: "Kick everyone out of the store, take out the trash, lock doors, and close the store officially." My next move after FoxtrotIt's back to square one in terms of finding a survival job.

Persons: Declan Rhodes, —, I've, John J, Kim, strapping, we'd, Rhodes, It's, I'm Organizations: Service, Washington DC, Business, Caesars, Chicago Tribune, Tribune, Getty, Foxtrot Locations: Chicago, Austin, Dallas, Springfield , Missouri, Illinois

☆ China has a lot more missiles — with US warships and bases in its sights
▼ + stars: | 2024-05-04 | by ( Chris Panella | ) www.businessinsider.com time to read: +18 min

American warships and bases in the Pacific are within reach of an increasingly worrying threat, a missile force unlike anything the US has faced in combat. With these missiles, China is signaling that it could attack US bases and ships in the region with little to no warning, Clark said. TK Department of DefenseThere's a lot more to the Chinese Rocket Force than these weapons, though. AdvertisementThat said, the US and its allies can't afford to assume the Rocket Force won't be ready should conflict come. In other words, how the US prepares itself and adapts to the Chinese Rocket Force gives it the best shot at avoiding a fight altogether.

Persons: China's, Andersen, Thomas Shugart, Bryan Clark, John Aquilino, Kevin Frayer, Harry Harris, Harris, Clark, Shugart, Gerald R, Kendall Warner, Byrd, US Defense Department Harris, Robert Peters, Peters, Ronald Reagan, Andrea Rosembert, Cpl, Ryan Little, Charles Flynn, I'm, Flynn, it's, Andy Wong Organizations: Business, Army Rocket Force, Pentagon, China's Rocket Force, Department of Defense TK Department of Defense, Center, New, New American Security, US Navy, PLA, Hudson Institute, Pacific Command, People's Liberation Army Rocket Force, Eastern Theater Command, People's Liberation Army PLA, Getty, Rocket Force, Liberation, TK Department of Defense, Chinese Rocket Force, US Defense Department, Ford, Virginian, Tribune, Service, Japan, Self, Defense Force, Misawa Air Base, Pacific, US, Defense, Aegis Ballistic Missile Defense, Army, Heritage Foundation, Aegis, Guam, Area, Ronald, Ronald Reagan Ballistic Missile Defense, Department of Defense, US Air Force, Marine Corps, Andersen Air Force Base, Marine, Combat, US Army Pacific, Stealth, Force, Military Locations: Beijing, China, American, Guam, South, Washington, Japan, New American, People's Republic of China, South Korea, Taiwan, South China, AFP, U.S, Marshall, Pearl, Pacific, PLARF, Tiananmen

☆ Elon Musk wants to use AI to summarize the news on Twitter and ... it's not a terrible idea?
▼ + stars: | 2024-05-03 | by ( Peter Kafka | ) www.businessinsider.com time to read: +6 min

Elon Musk wants to combine Twitter and Grok, his AI engine, and create a news machine. Elon Musk thinks news is something different: It's what people talk about on the service formerly known as Twitter. Musk said Grok will not look directly at article text, and will instead rely solely on social posts. Definitely not in the Elon Musk era of the company formerly known as Twitter. The to-be-sures: Yes, you'd be foolish to rely on an Elon Musk-run AI machine for factual information.

Persons: Elon Musk, Grok, —, Alex Kantrowitz, Musk, Igor Babuschkin, xAI, CNN —, it's, you'd, Ben, Elon Musk's, It's Organizations: Twitter, Service, Elon, CNN, Google Locations: London

☆ The fall of Gucci was inevitable
▼ + stars: | 2024-05-03 | by ( Madeline Berg | ) www.businessinsider.com time to read: +13 min

"We got used to hearing about double-digit growth at Gucci," Fflur Roberts, the head of luxury goods at Euromonitor, told Business Insider. "I think of what a fashion editor is wearing — it's not Gucci," Lindsey Solomon, a fashion publicist, told BI. After taking the top spot on the Lyst Index of fashion's hottest brands in 2022, Gucci dropped to number 11 last quarter. "We still believe the Gucci brand's current growth rate, which is 10 times higher than that of the industry, represents a risk going forward," Morningstar's Sokolova wrote in a 2017 note. Gucci relied heavily on China for its growth, but stores — perhaps including this one in China's Hainan Province — have struggled recently.

Persons: Alessandro Michele's, loafers, Gigi Hadid, Sienna Miller, Steve Madden, ASOS, Sally Singer, Michele, Fflur Roberts, Alessandro Michele, Harry Styles, Billie Eilish, Jared Leto, Kevin Mazur, Bauer, Griffin, Jeff Kravitz, Gucci, Sabato De Sarno, Lindsey Solomon, De Sarno, François, Henri Pinault, China —, Jelena Sokolova, Solomon, Daniele Venturelli, Michele —, Sokolova, It's, Thomas Chauvet, Morningstar's Sokolova, Michele's Gucci, wasn't, Jeremy Moeller, Chauvet, Roberts, Chanel, Gucci's, Gucci hadn't, Hermès, Birkin, Louis Vuitton's Neverfull, Pinault, Louis, Euromonitor's Roberts Organizations: Creative, Gucci, The Recording Academy, Axelle, Morningstar, BI, Citi, Disney, Getty, Revenue, China News Service, Bain, Louis Vuitton Locations: Euromonitor, China, The Asia, Pacific, China's Hainan Province, Asia

☆ China’s Chang’e-6 moon probe stands by for launch as space race with US heats up
▼ + stars: | 2024-05-02 | by ( Simone Mccarthy | Marc Stewart | ) edition.cnn.com time to read: +6 min

China’s planned 53-day mission would see the Chang’e-6 lander touch down in a gaping crater on the moon’s far side, which never faces Earth. China became the first and only country to land on the moon’s far side during its 2019 Chang’e-4 mission. Ambitious missionThe Chang’e-6 probe will be a key test for China’s space capabilities in its effort to realize leader Xi Jinping’s “eternal dream” of building the country into a space power. This time, to communicate with Earth from the moon’s far side, Chang’e-6 must rely on the Queqiao-2 satellite, launched into lunar orbit in March. This time, China has said the Chang’e-6 mission will carry scientific instruments or payloads from France, Italy, Pakistan and the European Space Agency.

Persons: China’s, “, Ge Ping, Xi Jinping’s, James Head, Luo Yunfei, Bill Nelson, –, ” Nelson Organizations: Hong Kong CNN, China, Space Administration’s, of Lunar Exploration, Space Engineering, Brown University, China News Service, Luna, NASA, European Space Agency Locations: China, Hong Kong, Hainan, United States, Russia, Chang’e, India, Japan, Texas, France, Italy, Pakistan

☆ Biden administration plans to reclassify marijuana, easing restrictions nationwide
▼ + stars: | 2024-04-30 | by ( Julie Tsirkin | Monica Alba | ) www.cnbc.com time to read: +7 min

"DOJ continues to work on this rule," a Biden administration official said. "No one should be jailed for using or possessing marijuana," the president said during the speech. "Reclassifying marijuana as a Schedule III drug sends the message that marijuana is less addictive and dangerous now than ever before. US President Joe Biden speaks during the White House Correspondents' Association (WHCA) dinner at the Washington Hilton, in Washington, DC, on April 27, 2024. Nearly six in ten Americans say that marijuana should be legal for medical and recreational purposes, according to a Pew Research poll last month.

Persons: John Tlumacki, Biden, Joe Bidens, Tom Williams, Joe Biden, Barack Obama's, Jim Cole, Obama, Cole, Kevin Sabet, Brendan Smialowski, Brad Horrigan Organizations: Delta, Trade, Boston Globe, NBC, Drug, Department of Health, Human Services, DOJ, Biden, Internal Revenue, Justice's, DC Marijuana Justice, CQ, Inc, Getty, State, National Cannabis Roundtable, NBC News, Smart, Marijuana, Obama Administration, White, Correspondents ' Association, Washington Hilton, AFP, Management, CRA, Pew Research, Florida Supreme, Tribune, Service Locations: Wareham, deducting, New York, California, Washington ,, Florida

☆ Labor Day isn’t the holiday it once was for China’s workers
▼ + stars: | 2024-04-30 | by ( Chris Lau | Hassan Tayir | ) edition.cnn.com time to read: +7 min

Hong Kong CNN —Like hundreds of millions of workers in China, Hao Zeyu, an algorithm engineer at an electric vehicle maker, is getting five days off this week for the Labor Day holiday. So, why has a decades-old policy caused so much upset in a country whose Communist Party leadership pays annual homage to International Workers’ Day? Trending topicIn recent weeks, complaints about this year’s Labor Day leave arrangements have exploded on Chinese social media. Tourists visit the Qiansimen Jialing River Bridge during the May Day holiday on May 1, 2023 in Chongqing, China. Labor Day isn’t the only holiday to get the adjusted rest policy.

Persons: Hao Zeyu, Hao, “, ” Hao, ”, Yao, Max Teng, it’s, Yaer Tuerdi, Pang Dong Lai, Yu Donglai, Yu, Teng Organizations: Hong Kong CNN, Labor, CNN, Communist Party, International Workers, Workers, Weibo, Tourists, China News Service, University of Wellington, “ Workers Locations: China, Hong Kong, Chongqing, United States, United Kingdom, Kentucky, Henan

☆ Miami is 'ground zero' for climate risk. People are moving to the area and building there anyway
▼ + stars: | 2024-04-26 | by ( Greg Iacurci | ) www.cnbc.com time to read: +20 min

South Pointe Beach in Miami Beach, Florida. Climate risk is "always on our thoughts," said Habibian, 39, who moved to Miami-Dade County about six years ago. Despite that risk, 66% of Miami-Dade County residents said they'd never leave, according to a study published in the journal Climate Risk Management. "We try to be smart about it, try to be proactive as best we can," Arditi said of climate risk. Juxtaposed at left was one of the last remaining patches of mangroves in the urban Miami area, a living memorial to a once-thriving population.

Persons: Greg Iacurci, Daniel Habibian, Harold Wanless, Sonia Brubaker, Saul Martinez, Andrew Rumbach, Rumbach, Joe Raedle, Irma, Al Diaz, they'd, Steven Bustamante, Bustamante, Jeff Greenberg, There's, David Arditi, Arditi, Aria's, Jeff Bezos, Goldman Sachs, Douglas Sacks, Ken Griffin, Brubaker, Biscayne Bay . Miami Worldcenter, Chandan Khanna, Dion Williams, Williams, Dion, Todd Crowl, Crowl, We're, Erik Salna, Chris Baraloto, Rita Teutonico, Amy Knowles, Knowles, it's, City of Miami Beach Greg Iacurci Miami Organizations: Greg Iacurci MIAMI, University of Miami, City, CNBC, Cumming Group, Florida Department of Transportation, Bentley, Bloomberg, Getty, Urban Institute, Organisation for Economic Co, Miami, Volunteers, Florida Keys, Miami Herald, Tribune, Service, Dade, Risk, Yale University's School of, Finance, SEC, Miami Beach, Universal, Group, Aria Development, National Association of Realtors ., Miami Realtors, Amazon, Citadel, Resorts, Bloomberg News, Dade County's, Getty Images, Residences, Pointe Park, Fifth, Afp, Federal Emergency Management Agency, Management, Sunshine, Insurance, Institute, Florida International University Institute of Environment, Hurricanes, University of Pennsylvania, International Hurricane Research, of, Florida International University, City of Miami Beach Locations: Pointe Beach, Miami Beach , Florida, Miami, South Beach, Dade, City of Miami, Dade County, New York, Fort Lauderdale, West Palm, South Florida, Florida, Tampa, St . Petersburg, Miami , Florida, Southeast Florida, Miami Beach, City, Aria's Miami, U.S, California , New York, New Jersey, America, Caribbean, New York City, Biscayne Bay . Miami, Pointe, It's, Surfside, . Florida, Biscayne Bay, Miami's, Bermuda, Kampong, Coconut Grove, Brittany Bay, South Pointe, City of, Brittany Bay Park

☆ Biden promise to rival China on shipbuilding faces a big economic problem
▼ + stars: | 2024-04-25 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +11 min

The Biden administration is correct that China has not played fair. But he said the nations that could rival China in shipbuilding are Asian competitors. Shipbuilding subsequently dropped to around five ships per year, which is approximately the current rate of U.S. shipbuilding. President Joe Biden speaks to members of the United Steel Workers Union at the United Steel Workers Headquarters on April 17, 2024 in Pittsburgh, Pennsylvania. Biden announced new actions to protect American steel and shipbuilding industries including hiking tariffs on Chinese steel.

Persons: Biden, Ben Nolan, Nolan, Reagan, Joe Biden, Jeff Swensen, —, Darron, Wadey, Lloyd, Matson, George Washington, Ronald O'Rourke, O'Rourke Organizations: Mitsui Shipbuilding Co, Taicang Port Economic, Technological, Future Publishing, Getty, CNBC, Shipbuilding, Global, United States, Trade, U.S . Trade, U.S, China's Ministry of Commerce, United Steel Workers, Japan's Nippon Steel, United Steel Workers Union, United Steel Workers Headquarters, Analysts, Matson Shipping, Jones Act, Philly Shipyard, CMA CGM, Matson, United, Maritime Administration, U.S ., Huntington Ingalls Industries, News Shipbuilding, U.S . Navy, U.S Navy, Newport News Shipbuilding, Virginian Pilot, Tribune, Service, Force, warfighting, Navy, Biden, Congressional Research Service Locations: Taicang Port, Suzhou, Jiangsu province, China, U.S, Japan, South Korea, United States, Pennsylvania, Pittsburgh , Pennsylvania, American, Bangladesh, U.S . Virgin Islands, Great, Mississippi, Ohio

☆ Professional pickleball signs first international deal, looks to grow the sport in India
▼ + stars: | 2024-04-25 | by ( Jessica Golden | ) www.cnbc.com time to read: +2 min

The United Pickleball Association and Global Sports announced a deal on Thursday to bring the PPA Tour and Major League Pickleball to the world's most populous country. It's the first international deal and major announcement for the United Pickleball Association, which was created after a merger between Major League Pickleball and the Professional Pickleball Association last February. The PPA Tour and Major League Pickleball retained their own distinct brands after the merger. "The PPA Tour India and MLP India will create a pathway for players to compete on pickleball's biggest stage and reach the top of the sport. The deal will also launch PPA Tour India, offering ranking points to players at events around the country.

Persons: Jose A, Iglesias, League Pickleball, Major League Pickleball, Connor Pardoe, Shashank Khaitan Organizations: El, El Nuevo Herald, Tribune, Service, Getty, United Pickleball Association, Global Sports, PPA, League, Major League, Professional Pickleball Association, MLP, India, MLP India, APP, Global Locations: Miami, El Nuevo, India, Asia, Australia, United Kingdom, Spain, Sweden, pickleball

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