DIRS.INFO The most relevant business & tech news

☆ Why OpenAI should fear a Scarlett Johansson lawsuit
▼ + stars: | 2024-05-22 | by ( Brian Fung | ) edition.cnn.com time to read: +11 min

“It doesn’t matter if OpenAI used any of Scarlett Johansson’s actual voice samples,” Li posted on Threads. Here, Johansson could accuse OpenAI of illegally monetizing who she is by essentially fooling users into thinking she had voiced Sky. But there’s substantial case law — and one very inconvenient fact for OpenAI — undercutting that defense, legal experts say. According to Johansson, OpenAI approached her to perform as Sky; Johansson declined. While California’s publicity law protects all individuals, some state statutes only protect famous people, and not all states have such legislation on the books.

Persons: Will Scarlett Johansson, OpenAI, Johansson, OpenAI’s, Sam Altman, OpenAI didn’t, demoed, Tiffany Li, Scarlett Johansson’s, ” Li, monetizing, John Bergmayer, “, ”, —, Bette Midler, Midler, Tom Waits, Waits, …, James Grimmelmann, Scarlett Johansson ”, Altman, Sky’s, Johansson ”, Samantha, ‘, ” Grimmelmann, Joel Saget, ” Bergmayer, Dana Rao, Adobe’s, we’re, Jennifer Rothman, ” Rothman Organizations: Washington CNN, University of San, Public, Ford Motor Company, Appeals, Circuit, Frito, Cornell University, Getty, Adobe, FAIR, University of Pennsylvania Locations: University of San Francisco, California, Midler’s, Paris, AFP

☆ Your home sale could trigger capital gains taxes. Here's how to calculate your bill
▼ + stars: | 2024-05-13 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +2 min

You can reduce your home sale profit by adding often-forgotten costs and fees to your basis, which minimizes your capital gains tax liability. For example, you can start by tacking on fees and closing costs from the purchase and sale of the home, according to the IRS. The average closing cost nationwide is $4,243, according to a report from Assurance, but fees vary widely. That includes your real estate commissions and closing costs. The 'best way' to reduce capital gains taxesYou can further increase your home's basis by tacking on the cost of eligible upgrades, experts say.

Persons: Thomas Scanlon, Raymond James, Scanlon, tacking, Paul Fenner Organizations: Westend61, tacking, Tamma Locations: Manchester , Connecticut, New York, California, Commerce Township , Michigan

Read previewIt appears Elon Musk and Grimes are getting along again after the former couple sued each other last year, kicking off a contentious legal battle over the three children they share. Grimes shared a clip from the video game "Cyberpunk 2077: Phantom Liberty" in which a character she voices performs a song onstage and appears suspended in a holographic spider web. Musk sued the musician on September 7, 2023, to "establish the parent-child relationship" with the children. Related storyOn September 29, 2023, Grimes sued Musk, asking for primary physical custody and joint legal custody of their three kids. AdvertisementNeither Musk nor Grimes, or their representatives, have commented publicly on the custody battle.

Persons: —, Elon Musk, Grimes, Musk, didn't, Matteo Milleri, Anyma, Milleri Organizations: Service, Business, Lone Star State Locations: Texas, California, Italian, Belgium, Indio , California

Across much of America and especially in the normally chilly north, the country went through the winter months without, well, winter. The Lower 48 states averaged 37.6 degrees (3.1 degrees Celsius), which is 5.4 degrees (3 degrees Celsius) above average. But Iowa blew past its warmest February by 2 degrees, while parts of Minnesota were 20 degrees warmer than average for all of February, Gleason said. A strong ridge of high pressure kept the eastern United States warm and dry, while California kept getting hit with atmospheric rivers, she said. Winter weather expert Cohen, who is based outside of Boston, joked that the U.S. no longer has four seasons: "We have two seasons.

Persons: “, El Nino, ”, Jeff Masters, Masters, Karin Gleason, Gleason, Copernicus, Judah Cohen, Cohen, ” Cohen, Theresa Crimmins, weren’t, Crimmins, ” Crimmins, Patrick Whittle, ___ Read, Seth Borenstein Organizations: National Phenology Network, El, Climate, National Oceanic, Atmospheric Administration, National Centers for Environmental, Iowa, El Nino, Associated Press, Atmospheric Environmental Research, National Weather Service, Rutgers Snow Lab Locations: America, Colorado, New Jersey, Texas, Carolinas, U.S, Michigan, United States, Minnesota, Great, California, El, That's, Boston, Europe, Asia, Fort Kent, Maine, Portland , Maine, AP.org

SACRAMENTO, Calif. (AP) — California would ban all plastic shopping bags in 2026 under a new bill announced Thursday in the state Legislature. California already bans thin plastic shopping bags at grocery stores and other shops, but shoppers at checkout can purchase bags made with a thicker plastic that purportedly makes them reusable and recyclable. “It shows that the plastic bag ban that we passed in this state in 2014 did not reduce the overall use of plastic. That's because most of the state's major cities already ban these types of thicker plastic bags. As San Francisco's mayor in 2007, Newsom signed the nation's first plastic bag ban.

Persons: Sen, Catherine Blakespear, “, Mark Murray, Gavin Newsom, Newsom Organizations: Democratic, Environment America Research & Policy, Democratic Gov, Francisco's Locations: SACRAMENTO, Calif, California, Encinitas

☆ Trump says Gavin Newsom would be an 'easy' presidential opponent after speculating that Biden may not be the Democratic nominee
▼ + stars: | 2024-02-05 | by ( John L. Dorman | ) www.businessinsider.com time to read: +3 min

Donald Trump slammed Gavin Newsom's stewardship of California during a recent Fox News interview. Trump argued that Newsom would be an "easy" opponent if President Biden somehow left the WH race. Biden easily won the South Carolina Democratic primary and has given no indications he'd reverse course on 2024. Gavin Newsom would be an "easy" presidential opponent after speculating that he might not face President Joe Biden in the November general election. Michelle Obama has previously panned the idea of running for president and Newsom last year said he was firmly behind Biden's candidacy.

Persons: Donald Trump, Gavin, Trump, Newsom, Biden, —, Gavin Newsom, Joe Biden, Maria Bartiromo, he'd, Ron DeSantis, MSNBC's Alex Wagner, there's, Bartiromo, Michelle Obama, I've, Biden's Organizations: Fox, WH, South Carolina Democratic, Service, California Gov, Fox News, Democratic, Florida Gov, Trump, South, Republicans Locations: California, South Carolina

☆ Why does gas cost more in California?
▼ + stars: | 2024-01-27 | by ( Samantha Delouya | ) edition.cnn.com time to read: +5 min

It adds about 10 cents of additional cost per gallon of gas, said Borenstein. Yet, in the fall of 2022, California gas prices shot up to a record high of nearly $6.50 per gallon after multiple refineries suffered outages. The shrinking number of oil refineries in California is another reason there’s a growing gap between California and the rest of the country’s gas prices. Those 11 refineries produce 90% of California’s gas and diesel fuel, according to California’s energy department. But Borenstein has another theory for why the price of gas is so much higher in California.

Persons: That’s, Severin Borenstein, Borenstein, Ronald Reagan, ” Reagan, David Paul Morris, ”, “, Patrick De Haan, ” Borenstein Organizations: Los Angeles CNN —, AAA, University of California Berkeley’s Haas School of Business, California Air Resources Board, Gov, Carrell, Act, Bloomberg, Getty, American Lung Association, US Energy Information Administration, Drivers, Shell, Mobil Locations: United States, California, Golden, Angeles, Los Angeles, San Francisco , California, Hawaii, Texas, Oklahoma, Louisiana, “ California, Chevron

Gavin Newsom said he will not sign a proposed ban on tackle football for children under 12, ending advocates' short-lived hopes of having the bill become law this year. “I will not sign legislation that bans youth tackle football,” Newsom said in a statement late Tuesday. Political Cartoons View All 253 ImagesThe proposal to ban youth tackle football gained momentum this year amid increasing concern about concussions along with the rise in popularity of flag football. The goal was to have kids play flag football until age 12, which would give athletes about three years of playing tackle football before entering high school. “We collectively look forward to working with you and the California legislative body to drive the California Youth Football Act as the most comprehensive youth tackle football safety measure in the country,” White said.

Persons: Gavin Newsom, “, ” Newsom, Kevin McCarty, Newsom's, Politico —, Newsom, ”, ” Ron White, ” White Organizations: —, Democratic, Politico, California Capitol, California Youth Football Alliance, California Youth Football Locations: SACRAMENTO, Calif, — California, California

CHANNELVIEW, Texas — For nearly 20 years, Texas environmental regulators have kept a disturbing secret. AdvertisementTexas Community Health News; Texas Commission on Environmental Quality"Any exposure to a carcinogen increases your risk of developing cancer. AdvertisementTim Doty, a former TCEQ mobile air monitoring expert, at the industrial edge of River Terrace Park in Channelview, Texas. In fact, the agency rarely fines companies that violate Texas air pollution laws. Mark FelixHoneycutt's toxicology division soon took an even more dramatic step to weaken Texas' benzene guidelines.

Persons: Loren Hopkins, Hopkins, Mark Felix, TCEQ, AirToxScreen, AirToxScreen Harris County Attorney Christian Menefee, Menefee, Tim Doty, Doty, Solv, He'd, Glenn Shankle, Kelly Keel, Todd Riddle, Riddle, Lopez, Joe Lopez, Dora, Joel Lopez, Randy Lopez, It's, Joel, Felix Benzene, wildcatters, Houston —, Forbes, Lorenzo de Zavala, Alison Cohen, Cohen, Tim Doty's, Houston Mayor Bill White, Shankle, Michael Honeycutt, Valerie Meyers, Meyers, Mark Felix Meyers, Richard Hyde, John Sadlier, Ryder, Hyde, hadn't, Russell Allen, Matt Baker, Jacintoport, Cloelle Danforth, Public Health Watch —, Danforth, Mark Felix Honeycutt's, Eric Schaeffer, Schaeffer, Honeycutt, Jim Tarr, polluters, upended, Mark Felix Fracking, Barnett, Glenn Shankle —, —, Rick Perry, Perry, Sadlier, David Bower, misstep, Baker, Bower, Michael Burgess, Greg Abbott, Abbott, Mark Felix Meanwhile, Randy, That's, Carolyn Stone, Stone, Carolyn Stone's, Mark Felix The, Cynthia Benson, Benson, Mark Felix Tim Doty, Mark Felix K, Jordan Gass Organizations: Public Health Watch, Texas Commission, Environmental, American Petroleum Institute, Oceanic, Atmospheric Administration, U.S . Navy, Geospatial - Intelligence Agency, General, Health, Public Health, Rice University, Environmental Protection Agency, Texas Community Health, AirToxScreen Harris County Attorney, polluters, Mark Felix Public Health, TCEQ, Solv, Mark Felix Public Health Watch, myelodysplasia, Houston, Oil, Gas Watch, Texas, Houston Ship, University of California, Houston Mayor, ., . Texas Community Health, NASA, Exxon Mobil, Public, Watch, Environmental Defense Fund, Management, Civil, Air Alliance Houston, Republican, Fort, United, Texas toxicologist, EPA, Texas Tribune, Google, Land Office, . Geological Survey, National Oceanic, Firefighters, U.S . Occupational Safety, Health Administration, Channelview, Improvement Coalition, Health Watch, San Jacinto, K, Texas Legislature, Solv Group, Services Locations: , Texas, Texas, Houston, Channelview's Jacintoport, San Jacinto, California, Jacintoport, Channelview , Texas, AirToxScreen Harris County, Channelview, Harris County, United States, North Channelview, Gulf, Terrace, Joel's, Houston , Texas, Spindletop, Mexico, Republic of Texas, Port of Houston, San Francisco, . Texas, That's, polluters, lacquers, Dallas, Fort Worth, Fort Worth City, Austin, Round, Minnesota, Galveston, U.S

Gavin Newsom and Florida Republican Gov. Newsom, 56, has talked about eventually running for president but is backing President Joe Biden 's reelection in 2024. DeSantis is betting big on Iowa's first-in-the-nation presidential caucuses on Jan. 15 and could still turn things around. Florida is a onetime battleground where fiercely conservative DeSantis easily won reelection last year, while California is the country's largest Democratic state. Last year, amid some unease among Democrats about Biden’s reelection prospects, Newsom’s name was floated as a potential replacement for 2024.

Persons: Gavin Newsom, Ron DeSantis, Newsom, Joe Biden, Donald Trump, Nikki Haley, Sean Hannity, it's, Hannity, DeSantis, he's, “, Biden, ”, Andrew Romeo, ” Newsom, Ronald Reagan Organizations: WASHINGTON, —, — California Democratic, Florida Republican Gov, GOP, South Carolina Gov, Trump, Fox News, Fox, Democratic, Republican, Democrat, Ronald Reagan Presidential Locations: — California, DeSantis, Alpharetta , Georgia, Atlanta, Florida, California, Texas, ’, America, Simi Valley , California

☆ Why doesn’t the US have more passenger trains?
▼ + stars: | 2023-11-25 | by ( Samantha Delouya | ) edition.cnn.com time to read: +12 min

Today, the United States’ passenger rail system is an echo of its former self, with swathes of the network unused or surrendered to freight. In 1970, President Richard Nixon signed the Rail Passenger Service Act, which removed the requirement that private rail companies provide passenger service. Mike Segar/ReutersBut many American towns and cities have lost access to passenger trains. Can passenger trains make a comeback? A passenger rides an Amtrak train passing near the Pacific Ocean on November 9, 2021 near Oceanside, California.

Persons: you’ll, Biden, ”, Miguel Medina, JP Morgan, Jay Gould, Cornelius Vanderbilt, Christian Wolmar, “, Yonah Freemark, Bing Guan, Freemark, Dwight D, Eisenhower, Harvey Weber, Paul Hammond, Hammond, Richard Nixon, Daniel Patrick Moynihan, Mike Segar, Ulysses S, Grant, Al Drago, Joe Biden, ” Freemark, Robert Puentes, It’s, ” Puentes, Mario Tama, Brightline, Carline Jean, Tony Coscia Organizations: Los Angeles CNN, Washington , D.C, Brightline, Miami, US Department of Transportation, du, Getty, Amtrak, US, Transcontinental Railroad, Central Pacific Railroad, Union Pacific Railroad, Railroad, CNN, Bloomberg, United States Senate, Newsday, Colorado Railroad Museum, Rail, Service, Hall, Pennsylvania, Bureau of Transportation Statistics, Washington DC, Eno Center for Transportation, Private, Las, Passengers, West Palm Beach, Fort, South Florida Sun Sentinel, Tribune Locations: Europe, Asia, America, United States, Boston, Washington ,, Orlando, California, Los Angeles, San Francisco, Swedish, Paris, AFP, France, Japan, China, Promontory Point , Utah, Compton , California, American, Levittown , New York, Manhattan, New York City , New York, U.S, Indiana, Ohio, Baltimore, Baltimore , Maryland, Potomac, Delaware, Oceanside , California, South Florida, Las Vegas, West Palm, Fort Lauderdale, Florida, South

Breton also is co-chair of a government working group on charging infrastructure. "People seem to forget that the backbone of the infrastructure is not public charging, it's home charging," Breton said. 'SERIOUS CHALLENGE'Breton said that 30% of the cost of installing a home EV charging station in the U.S. is covered by a federal tax credit, while California residents can receive rebates for upgrading charging stations and electric panels. Most Canadians drive short distances to work, meaning that public charging is mainly necessary for longer-haul travellers, Breton said. Canada had 19 EVs per public charging point in 2022, while the number was 24 in the U.S., according to the Paris-based International Energy Agency.

Persons: Chris Helgren, Justin Trudeau's, Canada's, Daniel Breton, Breton, Brian Kingston, Kingston, Joanna Kyriazis, Rod Nickel, Denny Thomas, Paul Simao Organizations: Volkswagen, Canadian, REUTERS, Companies Parkland Corp, Justin Trudeau's Liberal, Infrastructure Bank, Parkland Corp, EV, Electric Mobility Canada, Natural Resources, International Energy Agency, Clean Energy Canada, Simon Fraser University, Canadian Vehicle Manufacturers ' Association, Thomson Locations: Toronto , Ontario, Canada, WINNIPEG , Manitoba, British Columbia, Canadian, Parkland, Breton, U.S, California, Natural Resources Canada, Paris, Vancouver, Ottawa, Winnipeg , Manitoba

☆ These 10 states are home to the most stressed out people in America—New York and California didn't make the list
▼ + stars: | 2023-10-19 | by ( Celia Fernandez | ) www.cnbc.com time to read: +1 min

Earlier this year, WalletHub released a ranking of the "most and least stressed" states in America. Some of the most expensive states to live in, New York and California, didn't even make the top 10 list. New York landed in the 20th spot while California came in 23rd. Folks in South Dakota get the most amount of hours of sleep per night, while Pennsylvanians get the least. California and Nevada are the top two states for job security and Ohio offers the most affordable housing.

Persons: WalletHub, didn't Organizations: U.S . Census Bureau, of Labor Statistics, for Disease Control, Ohio Locations: America, U.S, New York, California, Texas , Alaska, North Dakota , Wyoming, Alaska, South Dakota, Nevada

☆ More than 14,000 licensed childcare centers in the US are behind on state-mandated inspections
▼ + stars: | 2023-10-18 | by ( Madison Hall | ) www.businessinsider.com time to read: +7 min

More than 14,000 licensed childcare facilities across the US are due for a state-mandate inspection. Inspired by Morin's video, researchers at USAFacts, a not-for-profit group owned by current Los Angeles Clippers owner and former Microsoft Executive Steve Ballmer, compiled inspection data from 148,166 licensed childcare facilities in 41 states between June and September 2023 to discover that 14,683 licensed childcare facilities across the country are behind on receiving their state-mandated inspections. As for Minnesota, its state records reflect that 85% of its childcare facilities have received an inspection recently enough to comply with state law. Tennessee, for example, requires childcare facilities to be inspected four times a year, while California only requires it once every three years. In the case of Morin's son's childcare facility, prior state inspections had already flagged it repeatedly for grossly violating the child-to-caregiver ratios.

Persons: haven't, —, Deacon, Dani Morin, Steve Ballmer, Morin, USAFacts, Amber Thomas, Thomas, you've, Katherine Glenn, Applegate, Rhett Organizations: Service, Los Angeles Clippers, Microsoft, Minnesota Department of Human Services, USAFacts, Ohio Department of, Family Services, California's Department of Social Services Locations: California, Idaho, Ohio, Minnesota, . Tennessee, Hawaii , Illinois, West Virginia , New Hampshire , Florida , Kansas , Massachusetts , Nebraska, Pennsylvania

☆ A pro-DeSantis super PAC stopped its door-knocking operation in California after the state's GOP engineered changes to award its presidential delegates to the candidate who wins a majority of the vote
▼ + stars: | 2023-10-14 | by ( John L. Dorman | ) www.businessinsider.com time to read: +3 min

In July, the California GOP changed rules governing their 2024 presidential nomination process. A candidate earning over 50% of the vote in the primary can now win all the state's 169 delegates. AdvertisementAdvertisementWhen former President Donald Trump formally entered the Republican presidential race last November, he became the immediate frontrunner. If no candidate wins a majority of the vote, then delegates will be granted proportionally. Ben Ginsberg, the veteran Republican attorney, told The Times that the California rule change was a highly significant development in the GOP presidential race.

Persons: —, Donald Trump, Trump, hasn't, Ron DeSantis, Ben Ginsberg, Ginsberg Organizations: California GOP, Service, Republican, The New York Times, Democratic, California Republican Party, Trump, GOP, Gov, Times, DeSantis, The Times, Super Locations: California, Iowa, New Hampshire, Berkeley, Florida

☆ 3 former Californians share why they decided to chase the American dream in Texas
▼ + stars: | 2023-09-17 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +8 min

Having spent seven years in the costly city, Cheng couldn't ignore the profound effect its high living expenses were having on his finances. In 2021, almost 108,000 people migrated from California to Texas, according to an analysis of the most recent Census data. AdvertisementAdvertisementAs COVID-19 shut down the city, Cheng felt as if he and his wife's hard-earned money was being squandered. Courtesy of Jackie Burse"I chose the area because it's more affordable to live here as a single woman," Burse told Insider. While living in California, Burse had become increasingly concerned about parental rights and policy makers "overstepping boundaries."

Persons: Pengyu Cheng, Cheng couldn't, Cheng isn't, Thompson, Cheng, Austin, Jackie Burse, Burse, I've, I'm, Michael Sullivan, Rosa, Sullivan, Michael, Rosa's Organizations: Golden, Service, San, Bay Area, Apple, Texans, Republican, Sullivans, Corpus Christi Locations: California, Texas, Golden State, San Francisco, Bay, Valley, Redfin . Texas, Pengyu, Austin, Orange County, San Antonio , Texas, In California, San Antonio, Madera , California, Kingsville , Texas, Madera, Fresno, Kingsville, Corpus

☆ Nobody wants to leave Texas. It's fueling an economic boom.
▼ + stars: | 2023-09-13 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +4 min

The state's population growth has helped its economy thrive. Plenty of Americans have moved to Texas in recent years, but the state's population growth has also been driven by another factor — native-born residents aren't leaving. It's helping fuel an economic boom at a time when many businesses are struggling to attract workers . Texas has no state income tax , and major cities like Dallas and Austin provide residents plenty of places to pursue job opportunities. But the state's population trends should position it well in the long term.

Persons: Texans aren't, Jobs, John Burns Organizations: Texans, Service, Dallas Fed, Lone Star State, John Burns Research, Consulting, Federal Reserve Locations: Wall, Silicon, Texas, California, Plenty, North Carolina, Canada, Dallas, Austin, Houston, San Antonio, Fort Worth

☆ YIMBY Movement Is Winning: Build More Houses, Lower Home Prices, Rents
▼ + stars: | 2023-09-07 | by ( Eliza Relman | Kelsey Neubauer | ) www.businessinsider.com time to read: +15 min

The adherents of the "Yes In My Backyard," or YIMBY, movement believe that America's housing crisis comes down to the fundamental tension between supply and demand. Today, nearly 75% of residentially-zoned land in the US is restricted to single-family housing — detached homes designed for one family. Folks are like, 'Oh, we're in a housing crisis for the very first time. Ground zero for the modern YIMBY movement was California, where sky-high home prices forced people to reconsider their attitudes toward development. The city didn't allow new multiunit buildings to be taller or wider than the single-family homes they replaced, making construction less financially attractive to developers.

Persons: Nolan Gray, YIMBYism, Sonja Trauss, Trauss, YIMBYs, NIMBYs, Gray, I'm, —, Bill, They've, Tayfun Coskun, Muhammad Alameldin, Emily Hamilton, We're unwinding, Jenny Schuetz, Greg Gianforte, California YIMBY, Republican Sen, Todd Young, Democratic Sen, Brian Schatz, Eliza Relman, Kelsey Neubauer Organizations: San, San Francisco Bay Area, Urban Institute, Twitter, of Regional Planning, Public, Cato Institute, University of California, Berkeley Terner Center, Housing, George Mason University, Conservative, Brookings Institute, Republican, Todd Young of Indiana, Democratic, Hawaii Locations: California, San Francisco Bay, San Francisco, I'm, Los Angeles County, Florida, Utah, Minneapolis, Oregon, Austin, Dallas, Seattle, Portland , Oregon, Denver, New York, Texas, YIMBYism, We're, Bozeman, Montana, Miami

☆ Cruise will reduce robotaxi fleet by 50% in San Francisco while California DMV investigates ‘incidents’
▼ + stars: | 2023-08-19 | by ( Kif Leswing | ) www.cnbc.com time to read: +3 min

In an aerial view, Chevrolet Cruise autonomous vehicles sit parked in a staging area on June 08, 2023 in San Francisco, California. Cruise will reduce its robotaxi fleet by 50% in San Francisco, the California Department of Motor Vehicles told CNBC. "The DMV is investigating recent concerning incidents involving Cruise vehicles in San Francisco," a DMV spokesperson said in a statement. In addition to the crash with a firetruck, one Cruise vehicle reportedly got stuck in concrete, and an autonomous vehicle with a passenger got hit by a driver. Last weekend, a slew of Cruise vehicles stalled and slowed traffic outside an outdoor music festival.

Persons: Alphabet's Waymo, Cruise, Greg Dietrerich, Dietrerich, — CNBC's Lora Kolodny Organizations: Chevrolet Cruise, Cruise, California Department of Motor Vehicles, CNBC, General Motors, San, DMV, Cruises Locations: San Francisco , California, Autonomous, San Francisco

☆ Kroger's secret weapon in the battle for your dining-out dollars is ... sushi
▼ + stars: | 2023-08-19 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +2 min

Kroger has quietly become the biggest sushi seller in the US, The Wall Street Journal reported. Get the inside scoop on today’s biggest stories in business, from Wall Street to Silicon Valley — delivered daily. Sushi sales at US retailers were up 72% in the past year, according to a report by The Wall Street Journal. It began selling sushi in the early 1990s, but realized it had become the country's biggest sushi retailer in 2020 when reviewing data from the research firm Circana Group, the Journal noted. "The California Crunch roll is our most popular cooked sushi roll, and the Rainbow Roll is the most popular raw sushi roll," the spokesperson told Insider by email.

Persons: Kroger, sushi's, Stuart Aitken, it's Organizations: Street Journal, Service, Wall Street, Circana Group, Kroger Locations: Wall, Silicon, West Coast, California, Ohio, —, New York

☆ Californians are fleeing to Texas, where homes and the cost of living are cheaper
▼ + stars: | 2023-08-14 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +4 min

Many Californians have relocated to Texas, as higher housing costs drive them out of the state. In 2021, almost 108,000, people migrated from California to Texas, according to an analysis of the most recent Census data. The saying is that everything is "bigger" in Texas but, for Californians, is it also cheaper? And in June, Redfin found its median home sale price to be $362,000, compared with the US median sale price of $425,177 as of June. In 2022, he and his wife, Erika Dominguez, moved to Dallas, after struggling to afford rent in California, USA Today reported.

Persons: Rogelio Saenz, Saenz, Redfin, Ryan Petersen, Erika Dominguez, Petersen, Peterson, Petterson, Alcynna Lloyd Organizations: Census, Service, Lone Star, University of Texas, USA Today, USA, Instacart, alloyd Locations: Texas, California, Wall, Silicon, San Antonio, Orange County, Dallas, USA

"So why not be in a situation where you're just much more ready in case you...need to access this discount window?" An analysis of Fed data by Reuters, though, shows a lot still needs to be done to meet that goal. All told, about 3,800 banks borrowed from the discount window during the 11-year period detailed in the central bank data. The biggest banks also stepped up to borrow so as to reduce discount window stigma. Minneapolis Fed President Neel Kashkari said small banks should think of the discount window as a backup.

Persons: Brittany Hosea, Jerome Powell, I’ve, Lorie Logan, Banks, Goldman Sachs, Huberto Ennis, Michelle Bowman, Brad Tidwell, SVB, Austan Goolsbee, Richmond Fed's Ennis, Neel Kashkari, Ann Saphir, Michael S, Andrea Ricci Organizations: Bank, REUTERS, Federal Reserve, Reuters, Dallas, U.S, Fed, Reuters Graphics Reuters, Richmond Fed, National Credit Union Association, Chicago Fed, Federal Home Loan Bank, Minneapolis, Home Loan Bank, Thomson Locations: Santa Clara , California, U.S, Silicon, Washington, While California, Texas, Logan's, New Mexico, Louisiana, Henderson , Texas

☆ Why the US should be more excited about tiny homes
▼ + stars: | 2023-07-29 | by ( Kelsey Neubauer | ) www.businessinsider.com time to read: +9 min

While there is a lot of interest in tiny homes, it's too early to measure their success. Tiny homes, generally defined as homes under 1,000 square feet — compared with the typical US home size of 2,500 square feet — are a growing market for those seeking affordability, community, and simplicity. Tiny homes — and accessory dwelling units, their slightly larger counterpart — are being eyed as a solution to the country's housing shortage. A tiny home designed and built by Colorado-based tiny home developer, Mitchcraft Tiny Homes. Tiny homes are "a spear point against the armor" to these restrictions, he added.

Persons: Katie Sandoval, Clark, Blue Wells, you've, Skylar Olsen, Zack Giffin, Giffin, Louise Beaumont, Getty, Rebecca Zisser, Muhammad Alameldin, Gavin Newsom, Joyce Higashi, Tiny, Newsom, Alameldin, It's, Barbara Clark, Sandoval Organizations: Service, Consumers, California, University of California, Housing Innovation, state's Department of Housing, Gov, Washington D.C Locations: California backyards, Wall, Silicon, Bay, Blue, South Carolina, New Hampshire, San Diego, Denver, Portland, Cities, Indianapolis, Austin, Colorado, California, ADUs, Jose, While California, —, Washington, Jersey, Sonoma .

☆ More people actually moved out of Florida than New York or California in 2021
▼ + stars: | 2023-07-11 | by ( Kelsey Neubauer | ) www.businessinsider.com time to read: +2 min

While out-of-staters were flocking into Florida in 2021, 674,740 residents moved out. That's more than the total number of people that left California or New York that year. Those who moved out previously told Insider the state had become too unaffordable and crowded. An estimated 674,740 people reported their permanent address changed in 2021 from Florida to another state, according to the data. That's more than any other state, including New York or California, two states have gotten the most attention for outbound migration during the pandemic.

Persons: Thomas Barwick, Danielle Hale Organizations: Service, American Community Survey, Sunshine State, Getty, Texans Locations: Florida, California, New York, Wall, Silicon, Georgia . Texas, Texas

☆ California Rep. Maxine Waters introduces bills to spend hundreds of billions of dollars to fight homelessness and solve the affordable housing crisis
▼ + stars: | 2023-06-27 | by ( Eliza Relman | ) www.businessinsider.com time to read: +3 min

Rep. Maxine Waters, a California Democrat, introduced a trio of bills addressing the housing crisis. They would expand housing vouchers and send $100 billion to help first-generation homebuyers. The legislation — which includes expanding housing vouchers and sending $100 billion to help first-time, first-generation homebuyers — is focused on reducing the racial wealth gap. One bill — the Housing Crisis Response Act of 2023 — includes over $150 billion in funding for affordable housing and investments in closing the racial housing gap. Overall, just one in six eligible families live in public housing, receive a rent-reducing voucher, or live in a subsidized multifamily unit, according to the US Census Bureau.

Persons: Maxine Waters, —, Waters Organizations: California Democrat, Service, Interagency, Homelessness, Census Bureau, Financial Services Locations: California

Search resuls for: "While California"

25 mentions found