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☆ Protecting pink river dolphins: Fernando Trujillo’s quest to save aquatic life in the Amazon
▼ + stars: | 2024-06-20 | by ( Michelle Cohan | ) edition.cnn.com time to read: +5 min

When Trujillo asked what he should focus his research on, Cousteau told him he should go study the river dolphins, which had not been investigated in depth. “This is a very aggressive environment, very difficult to survive,” Trujillo told CNN of the Amazon. Video Ad Feedback Saving the dolphins and manatees of the Amazon River 03:22 - Source: CNNThere are two types of freshwater dolphins found throughout the Amazon: the Amazon River dolphin – or “pink dolphins” due to their color – and the smaller tucuxi, Trujillo said. “They told me ‘we all believe that you are a dolphin that became a human to protect the dolphins,’” Trujillo said. Fernando Trujillo, right, pictured here in 1991 scouting for dolphins along the Amazon River.

Persons: Fernando Trujillo, Jacques Cousteau, Trujillo, Cousteau, ”, ” Trujillo, “, ’ ” Trujillo, he’s, María Jimena Valderrama, CNN Trujillo Organizations: CNN, Initiative, Amazon, International Union for Conservation of Nature, Omacha, Geographic, Rolex Locations: Colombian, Bogotá, Puerto Nariño, South America, ”, Colombia, Trujillo

☆ Does off-season travel exist anymore?
▼ + stars: | 2024-06-20 | by ( Lilit Marcus | ) edition.cnn.com time to read: +8 min

Then, you can plot a graph to see which months are higher and lower than that total to determine when the peak season is. “In Thailand, low season typically spans from April to September with April and May being really hot,” says Ponti. “During this low season the tourist volumes each month constitute more than 7% of the annual total. Angelos Tzortzinis/dpa/picture alliance/Getty ImagesArguably the biggest single factor affecting what we know as “peak season” travel is weather. “For me, the challenge is about finding the joy in those low seasons, finding those nuggets of gold.”

Persons: ”, Olivier Ponti, Ponti, Angelos Tzortzinis, Ged Brown, Mikey Sadowski, there’s, we’re, Sadowski, David Silverman, it’s, ForwardKeys ’ Ponti, Ann Woodward, “, Woodward, –, I’ve, ’, Brown, haven’t, ” Brown Organizations: CNN, United Nations, European Travel Commission, Intrepid, Travelers Locations: Italy, Hong Kong, Amsterdam, Japan, Canary, Spain, Thailand, Hawaii, Maldives, “, ”, Athens, Greece, Europe, Denmark, Sweden, Nepal, Mexico, New York

☆ UK PM Sunak could cease to be a lawmaker in landslide election defeat, new poll shows
▼ + stars: | 2024-06-20 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +1 min

Prime Minister Rishi Sunak speaks to farmers as he campaigns on a farm near Barnstaple on June 18, 2024 in North Devon, United Kingdom. North Devon has been held by the Conservative Party since the 2015 general election. British Prime Minister Rishi Sunak could become the country's first sitting prime minister to lose their seat at a general election, according to the findings of a shock new poll. If correct, the upcoming vote would deliver Labour a supermajority of 382, comfortably more than former Prime Minister Tony Blair's historic 1997 victory. The analysis showed that left-leaning Scottish National Party is set to win 8 seats, while Wales' pro-independence political party Plaid Cymru is expected to win 4.

Persons: Rishi Sunak, Tony Blair's, Savanta, James Cleverly's, Jeremy Hunt's Organizations: Conservative Party, British, Labour, Conservative, Liberal Democrats, Scottish National Party, Wales, Plaid Cymru, Greens Locations: Barnstaple, North Devon, United Kingdom, Richmond, Northallerton, North Yorkshire, Braintree, Essex, Godalming, Ash, Surrey

☆ Alfa Bank: US-sanctioned Russian banking giant expands in China
▼ + stars: | 2024-06-20 | by ( Laura He | Olesya Dmitracova | ) edition.cnn.com time to read: +3 min

Hong Kong/London CNN —Battered by Western sanctions, Russia’s largest privately owned bank is expanding its business in the world’s second-largest economy. That would make the lender the first private Russian bank to open full-service branches in the two major Chinese cities. The bank is part of Alfa Group, one of Russia’s largest financial and investment conglomerates, which was founded by Fridman. Alfa Bank made a loss of 117.1 billion rubles ($1.44 billion) in 2022, according to its annual report for that year. A year later, it seemed to bounce back, reporting profit of 120.9 billion rubles ($1.4 billion) for 2023.

Persons: Mikhail Fridman, hasn’t, Fridman Organizations: London CNN, Alfa Bank, CNN, Alfa Group, European, Moscow, Hong Kong Equity Investment Association Locations: China, Hong Kong, London, Russian, Beijing, Shanghai, Ukraine, United States, Russia, Italy, Western

☆ The best-funded generative AI startups in Europe have something in common: Big Tech experience
▼ + stars: | 2024-06-20 | by ( Ryan Browne | ) www.cnbc.com time to read: +5 min

That figure rose to more than a third (38%) for the top 40 European and Israeli generative AI companies in terms of venture funding raised, and 60% for the top 10 generative AI companies for funding levels. Google bought British AI lab DeepMind in 2014, and the firm's tech is now key to AI products including its Gemini generative AI tools. Many AI founders are professors, tooAccel noted universities play a major role in the creation of generative AI startups. British universities are the most popular study destination for generative AI founders, Accel's research found. France's Ecole Polytechnique is the second-highest academic founder factory in Europe, with 7% of generative AI founders having studied there.

Persons: Arthur Mensch, Porte de Versailles, Dealroom, Harry Nelis, Europe's, Nelis, Timothee Lacroix, Guillaume Lample, Laurent Sifre, Karl Tuyls, Charles Kantor, Mistral, Accel, —, Lourdes Agapito, Agapito, Matthias Niessner, Victor Riparbelli, Steffen Tjerrild Organizations: Viva Technology, Parc, Chesnot, Getty, Accel, Apple, Google, Microsoft, CNBC, Mistral France Paris, Alpha, Alpha Germany Heidelberg, Face France Paris, France Paris, United, United Kingdom London, Kingdom London, Facebook, Research, Meta, Amazon, Stanford University, British, University College London, UCL, University of Cambridge, France's Ecole Polytechnique Locations: Paris, France, Europe, Israel, Israeli, Alpha Germany, United Kingdom, British, London, France's

☆ Goldman Sachs refreshed its conviction lists of global stocks — giving one 63% upside
▼ + stars: | 2024-06-20 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +3 min

Goldman Sachs refreshed its lists of top global stock picks for June by adding some and removing others. The stocks are captured in the investment bank's "Conviction List - Directors' Cut" and seeks to offer investors a "curated and active" list of 15 to 25 buy-rated stocks. The stocks are selected by a group designated by the bank's Investment Review Committee for each region. Here are three of the latest additions to Goldman's directors' cut lists — for Asia-Pacific and Europe — that were given more than 40% upside potential in the next 12 months. Goldman has a target price of 685 New Taiwan dollars ($21.16) on the stock, implying 54.1% potential upside.

Persons: Goldman Sachs, Goldman, Chao Wang, Oil Goldman, Nikhil Bhandari, Phillips, Daniela Costa, CNBC's Michael Bloom Organizations: bank's Investment, EMC, Taiwan Stock Exchange, SmartETFs Asia, New, Oil, Project, bbl, PTT Public Company, Stock Exchange of, Nasdaq, Philips, Euronext Locations: Asia, Pacific, Europe, New Taiwan, Thailand's, Stock Exchange of Thailand, Dutch, Euronext Amsterdam

☆ This 30-year-old made $66,000 selling trash last year. His finds include Fendi bags and hundreds in cash
▼ + stars: | 2024-06-20 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +4 min

Leonardo Urbano, 30, sits on a couch that was set out for disposal in Sydney. Leonardo Urbano said he sometimes finds luxury goods in piles of discarded clothes, such as this purported Fendi bag. When he finds luxury items, Urbano said he tries to verify their authenticity by checking the serial numbers on sites like Entropy. Leonardo Urbano found a painting by two-time Archibald Prize finalist Dapeng Liu with an estimated value of $3,000. Leonardo Urbano

Persons: Leonardo Urbano, Urbano, He's, Dapeng Liu Organizations: Facebook, CNBC Locations: Sydney, Leonardo Urbano In Australia, Australia

☆ China’s 618 e-commerce festival sees a decline in sales for the first time in 8 years, data firm Syntun says
▼ + stars: | 2024-06-20 | by ( Dylan Butts | ) www.cnbc.com time to read: +1 min

China's annual 618 mid-year e-commerce festival saw sales drop for the first time in 8 years, according to retail data provider Syntun, signaling consumption recovery in the world's second-biggest economy was still quite slow. It was also the first time sales clocked a decline since Sytun began monitoring the event in 2016, the company told CNBC. It is China's second-biggest annual sales event after "Singles Day" in November — both are seen as a barometer for household consumption. Weak sales this year came despite some companies extending their 618 sales period, according to Sytun's analysis, which covered over 20 platforms. Tmall, for instance, started offering its 618 deals as early as May 20 this year, as opposed to its typical May 31 start date.

Organizations: CNBC, PDD Holdings, Apple

☆ Marathon, not a sprint: Apple's AI push faces big challenges in China
▼ + stars: | 2024-06-20 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +5 min

In this article AAPL Follow your favorite stocks CREATE FREE ACCOUNTThe Apple Siri AI icon is being displayed on a smartphone, with Apple Intelligence in the background. Apple Intelligence is the Cupertino giant's play that aims to bring AI across its devices. Apple's China AI challengesNavigating these rules will be tricky for Apple. "Localising the Apple Intelligence experience will be a major challenge for Apple," Wood told CNBC. CCS Insights' Wood said Apple's focus on privacy could help introduce AI features to the market.

Persons: Siri, Jonathan Raa, Apple, Bryan Ma, Nicole Peng, Ben Wood, Wood, Neil Shah Organizations: Apple Intelligence, Nurphoto, Getty, Huawei, CNBC, Apple, IDC, Baidu, Insight, Counterpoint Research Locations: China, Beijing, Cupertino

☆ The global spike in luxury handbags, shoes, and clothing sales could be coming to an end due in part to China's 'luxury shaming,' study finds
▼ + stars: | 2024-06-20 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +1 min

Global luxury goods sales growth will slow in 2024, per a new Bain & Company report. "Luxury shaming" and price hikes without innovation could also contribute to sluggish sales growth. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThe spike in the global sales of luxury goods could be coming to an end in 2024, and "luxury shaming" could be in part to blame. A report published on June 18 by Bain & Company forecast that worldwide sales of personal luxury goods — which include high-end clothing, shoes, handbags, and beauty products — would grow at the slowest rate since 2020, when sales plummeted due to pandemic-related factors.

Persons: — Organizations: Bain & Company, Service, Business

☆ Apple Intelligence seems to have a ChatGPT-shaped problem in China
▼ + stars: | 2024-06-20 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +1 min

Apple is betting its future on Apple Intelligence. Apple may have a problem offering these services in China, its second-biggest iPhone market. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementIf there's one place Tim Cook could do with Apple Intelligence being a real hit, it's China. This story is available exclusively to Business Insider subscribers.

Persons: —, Tim Cook Organizations: Apple, Apple Intelligence, Service, Business Locations: China, iPhones

☆ The salary a family of 4 needs to get by in every U.S. state—it's more than $150,000 in the most expensive one
▼ + stars: | 2024-06-20 | by ( Mike Winters | ) www.cnbc.com time to read: +2 min

A family of four needs to earn at least $106,903 a year to cover their necessities in most U.S. states, a recent SmartAsset study reveals. The findings are based on cost estimates for housing, child care, transportation, health care, taxes and other common expenses, as tracked by the MIT Living Wage calculator. That said, basic expenses for a family of four in all states exceeds what most U.S. households typically earn, which is estimated to be a median of $78,171, according to data consulting firm Motio Research. And about 1 in 5 parents say they've relied on a relative to help out with child care. Here's a look at the minimum amount a family of four would need to cover basic needs, including child care, in each state.

Persons: it's, they've Organizations: MIT, Motio, Census Locations: Massachusetts, Hawaii, Connecticut, York, California, Mississippi, Los Angeles, New York City, U.S

☆ This AI play is about to pass Warren Buffett’s Berkshire Hathaway in market value
▼ + stars: | 2024-06-20 | by ( Yun Li | ) www.cnbc.com time to read: +3 min

Once-obscure chipmaker Broadcom has enjoyed a record-setting rally that's pushed its market capitalization inches behind Warren Buffett's Berkshire Hathaway conglomerate and its portfolio of household names and economic bellwethers. When Broadcom hit an all-time high earlier this week, its market capitalization briefly surpassed drug maker Eli Lilly's. As of Tuesday's close, Broadcom had a market cap of $839 billion, right behind Eli Lilly's $845 billion and Berkshire's $882 billion. Omaha-based Berkshire is currently No.7 in market value, after a cluster of megacap technology giants. Big AI beneficiary Broadcom, meanwhile, is seeing strong demand from customers in need of high-capacity chips that can power complex AI applications.

Persons: that's, Warren Buffett's, Eli Lilly's, Hock Tan, Steve Sosnick, Tesla, Morgan Stanley Organizations: Broadcom, Warren, Warren Buffett's Berkshire Hathaway, Apple, Berkshire, BNSF Railway, Geico Insurance, U.S ., PetroChina, Bank of America, Interactive Brokers, VMware Locations: Palo Alto , California, Omaha, Berkshire, U.S, Saudi Aramco

☆ ‘Only pirates do this’: Philippines accuses China of using bladed weapons in major South China Sea escalation
▼ + stars: | 2024-06-20 | by ( Nectar Gan | Kathleen Magramo | ) edition.cnn.com time to read: +8 min

Hong Kong CNN —The Philippines has accused China’s Coast Guard of launching a “brutal assault” with bladed weapons during a South China Sea clash earlier this week, a major escalation in a festering dispute that threatens to drag the United States into another global conflict. A Philippine Navy serviceman on the rubber boat lost his right thumb when the Chinese Coast Guard rammed it, Torres said. China’s Coast Guard also deployed tear gas, “blinding” strobe lights and continuously blared sirens, the AFP said. “The Chinese Coast Guard personnel had bladed weapons and our personnel fought with bare hands. This is the closest China’s Coast Guard has come to the BRP Sierra Madre, Koh noted.

Persons: Thomas Shoal, –, ” Collin Koh, ” Koh, “, ”, Alfonso Torres Jr, Torres, Romeo Brawner Jr, ” Brawner, Ferdinand “ Bongbong ” Marcos Jr, Marcos, Matthew Miller, Enrique A, Antony Blinken, ” Derek Grossman, Koh, they’re, Thomas, Washington “, ” “ Organizations: Hong Kong CNN, Coast Guard, Chinese Foreign Ministry, Philippine, Rajaratnam, of International Studies, Philippine Navy, Armed Forces, Getty, Western Command, Chinese Coast Guard, China’s Coast Guard, Staff, Getty Images Mutual, South China, US State Department, Mutual Defense, RAND Corporation, China Coast Guard, Philippine personnel, Navy Special Operations Group, BRP, BRP Sierra Madre Locations: Hong Kong, Philippines, China, United States, Manila, Spratly, Philippine, Singapore, AFP, ’, China’s, South, States, US, Washington, South China, The Hague, Beijing, India, BRP Sierra, BRP Sierra Madre

☆ Irish millennials and Gen Zers are being hit hard by the housing crisis. Many more are moving back in with their parents.
▼ + stars: | 2024-06-20 | by ( Eliza Relman | ) www.businessinsider.com time to read: +1 min

download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementHousing has become so unaffordable in Ireland that younger people are increasingly moving back in with their parents — or never leaving their childhood homes, to begin with. According to the 2022 Irish census, 41% of people between 18 and 34 years old lived with their parents — a nearly 10% increase from about a decade ago. Among 30-year-olds, 20% were living with their parents in 2022 — a jump from the 13% who were in 2011. This story is available exclusively to Business Insider subscribers.

Persons: — Organizations: Service, Business Locations: Ireland

☆ When the Only Escape From War in Gaza Is to Buy a Way Out
▼ + stars: | 2024-06-20 | by ( Adam Rasgon | ) www.nytimes.com time to read: 1 min

The only way for almost all people in Gaza to escape the horrors of the war between Israel and Hamas is by leaving through neighboring Egypt. And that is usually a complicated and expensive ordeal, involving the payment of thousands of dollars to an Egyptian company that can get Palestinians on an approved travel list to cross the border. Confronting the company’s stiff fees, as well as the widespread hunger in Gaza where there is no end in sight to Israel’s military campaign, many Palestinians have resorted to trying to raise money with desperate appeals on digital platforms like GoFundMe. Dr. Salim Ghayyda, a pediatrician in northern Scotland, posted one such plea in January after his sister texted from Gaza to say that their father had suffered seizures.

Persons: Dr, Salim Ghayyda, texted Locations: Gaza, Israel, Egypt, Scotland

☆ This picture won a prize in an AI competition — but it's real
▼ + stars: | 2024-06-20 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +1 min

Miles Astray won a prize in an AI contest with a photograph that was not generated by AI. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementA photographer won a prize in a competition for AI-generated photographs — except the picture he submitted was real. Miles Astray's image of a flamingo won third place in the AI-generated category of the 1839 Awards' Color Photography Contest last week. However, the photographer told CNN that he was later disqualified after revealing he'd fooled the judges to make a point.

Persons: Miles, —, Miles Astray's, he'd Organizations: Service, flamingo, CNN, Business

☆ Looking beyond the AI hype? Nvidia bull loves this 'under-the-radar' tech stock
▼ + stars: | 2024-06-20 | by ( Isabella Lok | In Isabellalokys | ) www.cnbc.com time to read: +3 min

Artificial intelligence has been the subject of many recent conversations about investing in tech, with Nvidia, Alphabet and Microsoft grabbing headlines. Masters named telecommunications company Motorola Solutions , a company he says is "a very beautiful, solid, public safety-focused business." The rest of the businesses includes its video security and building command center units. He added that the company's video security and command center businesses are also gaining more traction in the market. Put that all together and you have a "very, very strong, high quality compounding business," Masters said.

Persons: Masters, CNBC's, Motorola's, You've Organizations: Nvidia, Microsoft, Trent Masters, Alphinity Investment Management, Masters, Motorola Solutions, MSI, Motorola, Land Mobile, CNBC, New York Stock Exchange

☆ A mom in Sweden took 21 months off when her kids were born, and her partner took 15. Sharing parental leave changed their expectations of each other.
▼ + stars: | 2024-06-20 | by ( Ella Hopkins | ) www.businessinsider.com time to read: +3 min

Parents get 480 days of leave in SwedenIn Sweden, parents are entitled to 480 days of leave per child. AdvertisementLindgren started parental leave two weeks before their daughter was born, after which her husband took 10 days of paid leave, which is standard practice in Sweden. In total, Lindgren took 10 months of parental leave for her first child and said she was paid 80% of her salary during most of this period. Her husband took a combination of parental leave and annual leave to make it happen. When their second child was born in December 2021, Lindgren took another eight months of parental leave.

Persons: —, Nicola Lindgren, Lindgren, breastfeed Organizations: Service, Business Locations: New Zealand, Sweden

☆ If you speed in Austria, the government can now confiscate your car and sell it
▼ + stars: | 2024-06-20 | by ( Eliza Relman | ) www.businessinsider.com time to read: +1 min

Traffic deaths have spiked in certain places around the world in recent years. Austria is trying to do something about it, recently passing a law to deter 'super speeders.' European countries tend to have stricter traffic rules and, as a result, safer roads. Like the US, Austria has seen a recent uptick in road deaths. The US has seen road deaths spike recently — in 2021, traffic fatalities hit a 16-year high, and in 2023, deaths were 13.6% higher than in 2019.

Persons: — Organizations: Service Locations: Austria, Austrian

☆ Climate activists covered private jets in orange paint in a Taylor Swift-inspired stunt, but didn't get her plane
▼ + stars: | 2024-06-20 | by ( Mikhaila Friel | ) www.businessinsider.com time to read: +4 min

Read previewTwo climate activists from the Just Stop Oil group were arrested after covering private jets in orange paint in a Taylor Swift-inspired stunt. One of the protesters is pictured after painting a private jet bright orange. AdvertisementA representative for Just Stop Oil confirmed to BI that the planes doused in paint did not belong to Swift. AdvertisementHowever, according to a study by My Climate Tracker, cited by The Tab, Travis Scott was the celebrity with the most private jet use in 2023. Meanwhile, Swift wasn't among the top 30 celebrities with the most private jet use in 2023, the outlet said.

Persons: —, Taylor Swift, 🚨 Organizations: Service, —, Business, UST Locations: Lo

☆ Russia and North Korea’s Defense Pact Is a Told-You-So Moment in Asia
▼ + stars: | 2024-06-20 | by ( Motoko Rich | Choe Sang-Hun | ) www.nytimes.com time to read: +1 min

With ballistic missiles regularly flying nearby, Japan and South Korea need little reminder of the threat that North Korea and its nuclear arsenal poses to its neighbors. But the pledge, along with indications that Russia could help bolster North Korea’s continuing quest to build its nuclear capabilities, rattled officials in Tokyo and Seoul. Mr. Kim has grown increasingly hostile toward South Korea and this year abandoned a longtime goal of reunifying with the South, however unlikely that might have been. Now he describes the South solely as an enemy that must be subjugated, if necessary, through a nuclear war. And he has often tested his ballistic missiles by flying them toward Japan, demonstrating North Korea’s provocative stance toward its former colonizer.

Persons: Vladimir V, Putin, Kim Jong, Kim Organizations: Korean Central News Agency, Analysts Locations: Japan, South Korea, Korea, Russia, Pyongyang, Ukraine, Tokyo, Seoul

☆ U.S. crude oil holds above $81 per barrel, on pace for second weekly gain in a row
▼ + stars: | 2024-06-20 | by ( Spencer Kimball | ) www.cnbc.com time to read: +1 min

U.S. crude oil held firm above $81 per barrel on Thursday, with the benchmark heading for its second weekly gain in a row. West Texas Intermediate has gained 4% this week, while global benchmark Brent is up 3.3%. JPMorgan is forecasting that Brent will hit $90 per barrel in September as the market tightens on falling inventories. Here are today's energy prices:Crude oil has proven resilient with upside momentum firming, Ryan McKay, senior commodity strategist at TD Securities, told clients in a research note Wednesday. Commodity trading advisors could ease up on buying and liquidate some of their length if U.S. oil drops below $80.33 and Brent falls under $84.92, McKay said.

Persons: Brent, Natasha Kaneva, Morgan, Ryan McKay, McKay Organizations: West Texas Intermediate, Brent, JPMorgan, TD Securities Locations: 3Q24

☆ Reimagining a Retirement Fit for Boomers, and Those Who Are Next in Line
▼ + stars: | 2024-06-20 | by ( Alix Strauss | ) www.nytimes.com time to read: +1 min

Michael Clinton is all about practicing what he preaches. (See Michael Clinton, above.) The book hit an unexpected nerve with readers and was the catalyst for creating Roar Forward, in partnership with the Hearst Corporation, his former employer. An online platform to access newsletters, content and storytelling, Roar Forward focuses on “individuals aged 50 and over who are redefining the second half of life in their careers, passions and lifestyles,” said Mr. Clinton, 70, who includes himself among the growing cohort of people he calls “re-imagineers.”It’s quite a deviation from his hectic past life. After a 40-year career in New York media, he retired in 2020 from Hearst Magazines, where he was president of marketing and publishing.

Persons: Michael Clinton, Everest’s, ”, Clinton, “ Organizations: Columbia University, Hearst Corporation, Hearst Magazines Locations: New York

☆ Tropical Storm Alberto makes landfall in Mexico; Texas faces flooding and heavy rain
▼ + stars: | 2024-06-20 | by ( Chantal Da Silva | ) www.cnbc.com time to read: +3 min

Storm Alberto, the first named tropical storm of the hurricane season, was located approximately 305 miles south-southeast of Brownsville, Texas and formed earlier today in the Southwestern Gulf of Mexico. The first named storm of the hurricane season made landfall in Mexico on Thursday, bringing heavy rain and flooding to the country's Gulf Coast and Texas. Tropical Storm Alberto is moving inland over Mexico with maximum sustained winds of 45 mph, the National Hurricane Center said in an update at 7 a.m. local time. A Tropical Storm Warning that was in effect for the Texas coast from San Luis Pass southward to the mouth of the Rio Grande was lifted early Thursday. Alberto's center was forecast to move west into Mexico before weakening and most likely dissipating by Thursday night, the National Hurricane Center said.

Persons: Storm Alberto, Alberto, Greg Abbott Organizations: Storm, Tropical, National Hurricane Center, Gov, Texans, Texas, M Forest Service, Texas National Guard, Chinook, National Weather Service, Atmospheric Administration Locations: floodwater, Surfside Beach , Texas, Brownsville , Texas, Southwestern Gulf of Mexico, Mexico, Coast and Texas, Texas, San Luis, Rio Grande, Rio, Tecolutla, Surfside Beach, Brazoria County, Coahuila, Nuevo León, Tamaulipas, Nuevo, Monterrey, Allende

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