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☆ Nelson Peltz’s Trian has a stake in Rentokil. Here’s how the activist might boost shareholder value
▼ + stars: | 2024-06-15 | by ( Kenneth Squire | ) www.cnbc.com time to read: +6 min

Rentokil offers a complete range of pest control services, from rodents to flying and crawling insects, to other forms of wildlife management. Trian, managed by Nelson Peltz, takes very few positions, but is very active in its positions. Rentokil Initial is a United Kingdom-based global provider of pest control, hygiene and well-being services for residential, commercial and industrial customers. However, when it has engaged with UK companies, the firm has consistently been able to create shareholder value. Shifting the listing to the U.S. is the low-hanging fruit of value creation and potentially divesting the European business could create additional value.

Persons: It's, Trian, Nelson Peltz, Peltz, Rentokil, Janus Henderson, Ferguson, Ecolab, Rio, Pearson, Ken Squire Organizations: Rentokil's, Unilever, Ferguson, New York Stock Exchange, Rollins, Janus, 13D Locations: United Kingdom, North America, Europe, Saharan Africa, France, U.S, Pentair, London, Rio Tinto, New York

☆ Four Seasons Gresham Palace: Secrets of the grandest Budapest hotel of them all
▼ + stars: | 2024-06-13 | by ( Nathan Kay | ) edition.cnn.com time to read: +8 min

Budapest CNN —For most of the last century, the story of the Gresham Palace closely mirrored that of the city in which it was built. This summer, the building – one of the finest examples of Art Nouveau design in Budapest – is celebrating two decades in its most recent incarnation, as the Four Seasons Gresham Palace, a luxury hotel with panoramic views of the mighty Danube river. Four Seasons Gresham Palace“Gresham Palace and its coffee house were famous among artists and collectors,” says Laszlovszky. “The Gresham Palace has been born again in wonderful unity, serving as a crown jewel of outstanding beauty that complements our magnificent Chain Bridge.”‘Extraordinary history’The palace was once a hangout for Budapest's intellectuals. Four Seasons Gresham PalaceSince its reopening in 2004, the Four Seasons Hotel Gresham Palace has provided visitors with a well-appointed sanctuary, offering 179 rooms and suites with panoramic views of the Danube or the cityscape.

Persons: Gresham, “, József Laszlovszky, – it’s, Zsigmond, Countess Irma Széchenyi, Thomas Gresham, József Vágó, Miksa Róth, ”, Pál, Béni, József, István Szőnyi, Gabor Kruppa, Miklós Szenkirályi, ” Szenkirályi, ” Thibaut Drege, what’s, Chef Árpád Győrffy, that’s Organizations: Budapest CNN, Gresham, Budapest –, Central European University, CNN, “, Gresham Life Assurance Company, Nouveau, Venezia Café, Four, CNN Travel, Europeans, d’Or, Hollywood Locations: Budapest, Hungarian, Buda, Pest, Óbuda, “ Buda, Gresham, Vienna, Paris, d’Or Hungary

☆ Nelson Peltz's Trian amasses stake in pest control giant Rentokil
▼ + stars: | 2024-06-11 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +1 min

Nelson Peltz's Trian Partners has amassed a significant stake in Terminix parent Rentokil and is seeking to engage with leadership on "ideas and initiatives to improve shareholder value," a spokesperson told CNBC Tuesday. That would mean that its stake is valued at more than $400 million, or at least 3% of shares outstanding. A spokesperson for Rentokil, which is headquartered in London, did not immediately respond to CNBC's request for comment. The news of his stake in Rentokil, reported earlier by Bloomberg, comes shortly after Trian disposed of its remaining stake in Disney. Peltz earlier this year ran an unsuccessful campaign for board seats at the entertainment giant.

Persons: Nelson Peltz, Nelson Peltz's Trian, Trian's Peltz, Heinz, Trian Organizations: Trian Fund Management, Future Investment Initiative, Summit, Nelson Peltz's Trian Partners, CNBC, Rentokil, Proctor & Gamble, Bloomberg, Disney Locations: Miami , Florida, London, Rentokil

☆ Stocks making the biggest moves after hours: Oracle, Rentokil, Rubrik and more
▼ + stars: | 2024-06-11 | by ( Pia Singh | ) www.cnbc.com time to read: +1 min

Oracle — The tech company's shares jumped nearly 9% after it announced cloud deals with Google and OpenAI, despite posting a miss on fiscal fourth-quarter results. Oracle posted adjusted earnings of $1.63 per share on revenue of $14.29 billion, while analysts expected earnings of $1.65 per share on $14.55 billion in revenue. Rubrik — Shares of the cloud data management company advanced 3% after beating first-quarter expectations on revenue. Rubrik reported $187 million in revenue for the period, while analysts polled by LSEG anticipated $172 million. Paramount — Shares slipped 0.4%, extending late-day losses.

Persons: LSEG, Rentokil, Nelson Peltz's Trian, Shari Redstone, Skydance, CNBC's David Faber Organizations: Oracle, Google, Nelson Peltz's Trian Partners, CNBC, Paramount, National

☆ What you need to know about the giant, 'flying' spiders spreading over the eastern US
▼ + stars: | 2024-06-08 | by ( Grace Eliza Goodwin | Jenny Mcgrath | ) www.businessinsider.com time to read: +5 min

But some experts say invasive fruit flies can do more damage than the colorful Joro spider, AP News reported. AdvertisementGiant spiders migrating to the Northeast USScientists say Joro spiders are adapted to colder climates like in Pennsylvania and New Jersey. Alex Sanz/AP PhotoThough the massive creatures are venomous, they aren't dangerous to humans beyond potentially causing a swollen, red bite, Sieb told BI. Beyond their size, there's another characteristic of Joro spiders that makes them a little creepy: They can fly. AdvertisementThough they do live close to each other, Joro spiders don't seem to interact much with other individuals, per UGA Cooperative Extension.

Persons: —, Cheri Sundra, they've, David Coyle, we've, Coyle, Russell Sieb, Alex Sanz, Sieb, Jonathan Larson, They're, Jean, Philippe Tournut, It's, Alfred Hitchcock, there's, Andy Davis Organizations: Service, AP News, Business, Northeast, UGA Today, Clemson University, Clemson News, Penn, NJ Pest Control, University of Kentucky, UGA, AP, University of Georgia, UGA News Locations: Pennsylvania, New Jersey, Asia, Georgia, North America, Honshu, Japan, Maryland, NJ, New York, Baltimore

☆ Gentle Parenting Bust: What Millennial Parents Are Getting Wrong
▼ + stars: | 2024-06-06 | by ( Kelli María Korducki | ) www.businessinsider.com time to read: +14 min

Seventeen years later, gentle parenting is now the default among my professional-class millennial peers. Teachers blame gentle parenting for bad behavior in classrooms, which some believe is accelerating an exodus from the profession. Ample research links an authoritative parenting style — such as gentle parenting — with the most favorable psychosocial outcomes in children. These are among the questions that gentle parents must contend with, often on the fly. When gentle parenting goes wrong, everyone takes note.

Persons: hadn't, gestured, Doug Fields, Kristen Race, Janet Lansbury, William Sears, Sarah Ockwell, Smith, Abby, society's, Anna Monette Chilstedt, Lansbury, RIE, Chilstedt, Mary Benedetti, Benedetti, influencers, Becky, Kennedy, —, you've, Anna Lussenburg, Annie, Nanny, Lussenburg, isn't Organizations: Research, Pediatrics Locations: Toronto, British, Milwaukee, Boulder , Colorado, Calgary , Alberta

☆ Faith-Based Groups That Assist Migrants Become Targets of Extremists
▼ + stars: | 2024-06-02 | by ( Miriam Jordan | ) www.nytimes.com time to read: +1 min

A man posing as a pest exterminator tried to gain access to a San Diego hotel that operates as a shelter for migrant families. The next day, a woman showed up claiming to be an immigrant in need of help. Voice mail left for the chief executive called him “scum” and “not really Christian.” A woman left another staff member an expletive-laced message about Catholics. She claimed that the nonprofit was flying migrants all over the country and profiting from an illegal operation. For decades, Catholic Charities and other faith-based organizations have played a crucial role helping federal authorities and local governments manage influxes of migrants.

Persons: “, ”, James O’Keefe, O’Keefe, Donald J, Trump Organizations: Workers, Catholic Charities, Veritas Locations: San Diego

☆ Why we need to know what time it is on the moon
▼ + stars: | 2024-06-01 | by ( Ashley Strickland | ) edition.cnn.com time to read: +6 min

CNN —It’s easy to take the moon for granted as a silvery orb in the night sky, providing a soft light on most evenings. The new system of measurement that NASA and its international partners need to agree on will have to account for the fact that seconds tick by faster on the moon. But it will be crucial for astronauts living in lunar habitats and scooting around in moon buggies who need to know exactly what time it is. We are familyA digital reconstruction of a Bronze Age woman's face is on display at Scotland's Perth Museum and Art Gallery. And now, researchers know what creates their unusual fur pattern: a mutation affecting a gene called KIT, which controls hair color.

Persons: CNN —, Albert Einstein’s, Butch Wilmore, Suni Williams, Joe Skipper, Chris Rynn, Julius Caesar, Gaul, Ari Kankainen, NASA’s Lucy, Ashley Strickland, Katie Hunt Organizations: CNN, NASA, Boeing, Veteran NASA, Perth Museum, Art, Culture, Kinross, CNN Space, Science Locations: North America, Europe, Southern Hemisphere, Culture Perth, Scotland, Indre, France, Finnish, Petäjävesi, Italy

☆ German cockroaches’ unexpected origins revealed by genomic analysis
▼ + stars: | 2024-05-27 | by ( Amanda Schupak | ) edition.cnn.com time to read: +4 min

The nocturnal critter was most likely a German cockroach, and its ancestors were pestering people more than 2,000 years ago in southern Asia, a new study found. German cockroaches, scientifically known as Blattella germanica, are ubiquitous in cities in the United States and around the world. The research team received 281 German cockroach samples from 57 sites in 17 countries and studied their DNA to trace their evolution. And we know that transatlantic trade routes probably were the culprit for the spread of German cockroaches. “For example, the German cockroach has insecticide resistance that is not detected in many other pests,” he said.

Persons: Qian Tang, ”, Tang, Carl Linnaeus, Matt Bertone, Jessica Ware, ” Ware, Amanda Schupak Organizations: CNN, National Academy of Sciences, Harvard University, American Museum of Locations: Asia, United States, Europe, India, Myanmar, Swedish, North America, Americas, New York City

☆ I used to be a public school teacher. Now I work as a 'middleman' government contractor and can travel when I want to.
▼ + stars: | 2024-05-12 | by ( Ana Altchek | ) www.businessinsider.com time to read: +6 min

I used to be a special-ed teacher at a public school in Ohio, making around $50,000 annually. I work as a middleman, which means I'm the prime contractor and I bid on the opportunity. I've signed contracts in all kinds of sectors, including landscaping, HVAC cleaning, and construction. I put in about an hour of work on government contracting every dayI spend about an hour a day on government contracting. I have a team member that I work with now as well, and we work on finding opportunities, getting quotes, and submitting proposals.

Persons: —, Wes Fisher, I'm, I've, it's, texted Organizations: Service, Business, Forest Services Locations: Ohio, California , Nevada , Oregon , Pennsylvania, Florida, Louisiana, California, Utah, Panama, Dubai, Jamaica, Chicago, San Francisco

☆ These sisters became co-owners of the family farm at 22 and 24, joining the ranks of women as key decision-makers on farms
▼ + stars: | 2024-05-05 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +7 min

Rebekah Alstede Modery, left, and Sarah Alstede, sisters and co-owners of Alstede Farms in Chester, New Jersey. Courtesy: Alstede FarmsSisters Rebekah Alstede Modery and Sarah Alstede were raised on a New Jersey farm. In February, the sisters joined their father, Kurt Alstede, and their stepmother, Mary Thompson-Alstede, as co-owners of Alstede Farms. 'A huge undertaking' as a familyCo-owners of Alstede Farms from left to right: Mary Thompson-Alstede, Rebekah Alstede Modery, Kurt Alstede and Sarah Alstede. Rebekah Alstede Modery, left, and Sarah Alstede, sisters and co-owners of Alstede Farms in Chester, New Jersey.

Persons: Rebekah Alstede Modery, Sarah Alstede, Rebekah, Kurt Alstede, Mary Thompson, It's, Dominique Sims, NASS, Agriculture hasn't, Inwood, Lance Honig, Sarah, that's, Bernt Nelson, Rachel Schattman, Alstede Organizations: Delaware Valley University, CNBC, Centenary University, Alstede, National Agricultural Statistics Service, U.S . Department of Agriculture, The Ohio State University, Agriculture, Agricultural Resource Management, USDA Economic Research Service, American Farm Bureau Federation, University of Maine, Farmers Locations: Chester , New Jersey, New Jersey, Sarah, Agriculture, U.S

☆ PowerPoint Parties: Gen Z Trend Shows How Work Invades Social Lives
▼ + stars: | 2024-05-02 | by ( Emily Stewart | ) www.businessinsider.com time to read: +7 min

Case in point: the PowerPoint party, where people get together to show each other presentations on various topics in the name of having fun. It's a chance to be creative and turn something you do at work into something silly and social. The rise of the PowerPoint party also speaks to the workification of our day-to-day lives. Perhaps it's no surprise that young adults who had their childhood activities scheduled down to the minute are embracing the PowerPoint party. If you absolutely insist on having a PowerPoint party, God bless.

Persons: —, it's, we've, hotness, It's, Anna North, Emily Stewart Organizations: Harvard, it's Harvard, Cosmopolitan, Microsoft, Google, Monopoly, Business Locations: Canada

☆ Matt Hilton: Beekeeper revels in ‘surreal’ experience after his MLB heroics, gets a trading card deal
▼ + stars: | 2024-05-02 | by ( Don Riddell | Ben Church | ) edition.cnn.com time to read: +3 min

CNN —Beekeeper Matt Hilton said the last few days have been “crazy” after becoming the latest star of Major League Baseball. Hilton became the hero on Tuesday after he was called out to deal with a swarm of bees that was delaying the Arizona Diamondbacks vs. Los Angeles Dodgers game. I mean, I’m going to Chase Field and the Diamondbacks and Dodgers playing,” Hilton told CNN Sport’s Don Riddell. Beekeeper Hilton hypes up the crowd after removing the swarm of bees. Limited edition trading cardThe spotlight, though, still remains on Hilton after the beekeeper’s efforts were further rewarded with his very own Topps trading card.

Persons: Matt Hilton, Hilton, Arizona’s, ” Hilton, CNN Sport’s Don Riddell, “, ”, Bonnie Tyler’s “, Beekeeper Hilton hypes, Christian Petersen, “ It’s, I’m, “ We’ve Organizations: CNN, Major League Baseball, Arizona Diamondbacks, Los Angeles Dodgers, Chase Field, Diamondbacks, Dodgers, Blue Sky Pest, Hilton, Topps, ” Topps, Twitter, The Arizona Diamondbacks, San Diego Padres

☆ DOJ charges 'Bitcoin Jesus' with $48 million tax fraud, seeks extradition
▼ + stars: | 2024-05-01 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +2 min

(Photo by Danny Lee/South China Morning Post via Getty Images)The Justice Department unveiled criminal tax fraud charges this week against a prolific bitcoin investor named Roger Ver. He came to be known as "Bitcoin Jesus," for getting in early on the digital currency and making a fortune. The DOJ alleges that in preparing those tax filings, Ver underrepresented his bitcoin holdings and evaded taxes on them. The United States is seeking his extradition to face trial on eight counts related to tax evasion, mail fraud and filing false tax returns. According to the indictment, the IRS used a strategy called "clustering analysis" to track the blockchain and identify Ver's bitcoin transactions.

Persons: Roger Ver, Danny Lee, Ver, Bryan Skarlatos, bitcoin Organizations: South China Morning, Getty, Justice Department, Internal Revenue Service, DOJ, CNBC, eBay, IRS Locations: South, California, Caribbean, St, Kitts, Nevis, U.S, Spain, United States, Pest

☆ Honeybees Invaded My House, and No One Would Help
▼ + stars: | 2024-04-30 | by ( Sarah Kliff | ) www.nytimes.com time to read: 1 min

Responding to fears of a “honeybee collapse,” 30 states have passed laws to protect the pollinators. But when they invaded my house, I learned that the honeybees didn’t need saving. I noticed the first bee one afternoon as my dog gleefully chased it around the house. When the pest settled on a window by the stairwell, I swatted it with a cookbook and cleaned up the mess. When I heard a loud droning coming from inside a wall next to my son’s bed, the ominous situation finally hit me: The house was infested.

Katherine Moseby wanted to be clear: She does not hate cats. Very smart.”That was precisely the problem, said Dr. Moseby, the principal scientist and co-founder of Arid Recovery, a conservation nonprofit and wildlife reserve in South Australia. Cats are not native to Australia, but they have invaded nearly every corner of the country. But feral cats were absolutely out there, Dr. Moseby said, and they had a taste for the tiny, threatened marsupials that lived at Arid Recovery. Over the previous few nights, a “pest control contractor” — a robustly bearded sharpshooter equipped with an all-terrain vehicle and powerful spotlight — had been riding through the Arid Recovery reserve, shooting cats.

Persons: Katherine Moseby, Moseby, ”, — Organizations: University of New Locations: South Australia, Australia, University of New South Wales

☆ Here are Monday's biggest analyst calls: Nvidia, Apple, Meta, Intel, Cisco, Reddit, Netflix, IBM, MGM & more
▼ + stars: | 2024-04-15 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Citi upgrades Frontier to buy from neutral Citi said it sees EBITDA growth ahead for the telecom and internet provider. Mizuho initiates GE Vernova as buy Mizuho says it's bullish on shares of the GE spinoff energy company. Citi opens a positive catalyst watch on Nvidia Citi said investors should buy any weakness in the stock. "We are launching [coverage on] on 4 US listed stocks and 5 HK listed stocks: Las Vegas Sands ( LVS, Buy, PT $63); MGM Resorts (MGM, Buy, PT $56); Melco Resorts (MLCO, Buy, PT $10)." Bank of America upgrades Cisco to buy from neutral Bank of America said it sees several growth drivers ahead for Cisco.

Persons: Morgan Stanley, Apple, Logitech, IBM Evercore, it's, Argus, Mizuho, it's bullish, Reddit, UBS downgrades Rollins, Rollins, SharkNinja, Martin, LMT, Needham, Canaccord, Coty, Jefferies, Janus, Stifel, Guggenheim, ServiceNow, Wells, Tommy Hilfiger, Calvin Klein Organizations: Apple, Citi, Frontier, IBM, Argus, Constellation Brands, GE Vernova, Mizuho, GE, Nvidia Citi, Technology, Barclays, Cava, Meta, Astera, Data, JPMorgan, Hilton, UBS, Sands, MGM, HK, MGM Resorts, Melco Resorts, Bank of America, Cisco, of America, Bitdeer, Intel Citi, Intel, Deutsche Bank, Netflix, Deutsche, Coty, MASI, Guggenheim, & $ Locations: Churchill

☆ Couple pays $1,600 a month for a 1-bedroom apartment in Brooklyn—they have 150 houseplants: Take a look inside
▼ + stars: | 2024-04-13 | by ( Celia Fernandez | ) www.cnbc.com time to read: +3 min

Mickey Todiwala. "I'm just a homebody that wants to stay at home all day to play with my cats and plants," Wai says. Mickey Todiwala. Mickey Todiwala. Mickey Todiwala.

Persons: Vionna Wai, Chucky Hui, millennials, Hui, Ding, Wai, Mickey Todiwala, I've Organizations: CNBC, Florida Beauty Locations: Bensonhurst , Brooklyn, U.S, Florida

☆ Buy these stocks for 'outsized' performance in a bull market, Bank of America says
▼ + stars: | 2024-03-09 | by ( Michael Bloom | ) www.cnbc.com time to read: +5 min

Investors can still find names with plenty of upside potential, even as stocks leap to fresh highs, according to Bank of America. They include CrowdStrike, Emerson Electric, Progressive, Rollins and O'Reilly Automotive. Rollins "This stock is the bees knees and still a Buy," analyst Jason Haas said of the pest control provider. Progressive PGR may arguably be the least volatile stocks in the S & P 500 that can deliver outsized stock performance. … We see limited risk to Rollins' growth trajectory-from a soft housing market, recession, competition, or weather-and therefore believe the stock deserves a premium multiple."

Persons: Rollins, Andrew Obin, Emerson, Obin, it's, Jason Haas, Haas, Joshua Shanker, Shanker, O'Reilly, … Emerson, … Organizations: Bank of America, CNBC, CrowdStrike, Emerson Electric, Progressive, O'Reilly Automotive, Emerson, National Instruments, ORLY Locations: Bank, Pest, downturns, ORLY

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

☆ Spanish police bust alleged Banksy forgery ring
▼ + stars: | 2024-03-08 | by ( Christy Choi | ) edition.cnn.com time to read: +3 min

CNN —Spanish police said they have shut down an alleged forgery ring selling fake Banksy artworks across the US and Europe for up to 1,500 euros ($1,642) a piece. Investigators seized nine artworks during a raid of an apartment in the city of Zaragoza, northern Spain, according to Catalan police. Video Ad Feedback Related video: Banksy shares behind-the-scenes video from Ukraine 00:58 - Source: CNNPolice said they have charged four people with fraud and intellectual property offenses. Investigators said Banksy’s Pest Control organization, the only body able to officially authenticate the artist’s work, has confirmed that pieces linked to the Zaragoza workshop are fake, as are the accompanying certificates. Police became suspicious after noticing that many similar works had become available on the market, the statement added.

Persons: Banksy, ” Organizations: CNN, police, Historical Heritage Unit, CNN Police, Pest Control Locations: Europe, Zaragoza, Spain, Germany, Switzerland, United States, United Kingdom, Ukraine, Pest, British, Bristol, —

☆ Vineyards Use AI, IoT Tools to Make Wine Effectively, Sustainably
▼ + stars: | 2024-03-07 | by ( Bella Sayegh | ) www.businessinsider.com time to read: +10 min

The company's president and winemaker, Chris Kajani, wanted to stay connected with customers and distributors amid shutdowns and social-distancing practices. AdvertisementIn March 2020, Kajani started reworking her operations, hosting virtual tastings, keeping in contact with members of the vineyard's wine club, and meeting with distribution partners using a Cisco videoconferencing platform. Chris Kajani, the winemaker and president of Bouchaine Vineyards, is using technology to improve harvesting. Jyotsna Bhamidipati for BIRemy, a former wine technical consultant, said that buying wine without knowing what's good can be overwhelming. AI-powered tools are making headway in the commercial wine market by helping vineyards find optimal wine blends.

Persons: Chris Kajani, Kajani, Vintners, McClenehan, Alexandre Remy, Remy, Jyotsna, Vaughn Walton, Walton, Piper, Pied Piper, Katerina Axelsson, Axelsson Organizations: Cisco, Bouchaine, Atlas Wine, Oregon Wine Research, Oregon, University's Oregon Wine Research Institute, OSU, BI Remy Locations: Napa , California, Bouchaine, Somerset , California, Oregon, California, America, Walton

☆ Family Dollar has agreed to pay $42 million after storing food and medicine in a warehouse with a severe rodent infestation
▼ + stars: | 2024-02-27 | by ( Grace Dean | ) www.businessinsider.com time to read: +5 min

AdvertisementUnder the plea agreement, Family Dollar admitted that it had begun receiving more reports of mouse and pest issues with deliveries from the warehouse in August 2020. AdvertisementThe distribution center shipped FDA-regulated products to more than 400 Family Dollar stores, or over 5% of its total store count. On average, the warehouse shipped 1.3 million cases of product worth $32.3 million each month, per the plea agreement. According to the plea agreement, the facility had operated since 1994, making it Family Dollar's second-oldest distribution center. Family Dollar said in October that it planned to open a "best-in-class" distribution center on the same site in West Memphis by fall 2024.

Persons: —, Dollar, Jonathan D, Ross, Rick Dreiling Organizations: Service, US Department of Justice, Business, FDA, DOJ, Federal Food, Consumers, Eastern, of Locations: Arkansas, West Memphis , Arkansas, US, of Arkansas, West Memphis

☆ A boomer moved back to Virginia after living in Florida for a decade. She said she would 'never own another home' in the Sunshine State and loves the slower pace of life.
▼ + stars: | 2024-02-19 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +8 min

Nancy, a 68-year-old retiree, moved back to Virginia from Florida due to escalating costs and the heat. “There’s so much you don’t know about living in Florida and owning a home in Florida until you’re actually living it,” Nancy said. The Census Bureau’s 2022 American Community Survey found that between 2021 and 2022, nearly 23,800 people moved from Florida to Virginia, while almost 33,000 moved from Virginia to Florida. AdvertisementNancy moved with her husband to Cape Coral 11 years ago after four of her five kids moved there. They settled on Cape Coral for the beach access and warm weather, and for the first few years, they made the most of their time there.

Persons: Nancy, —, aren’t, Virginia —, “, you’re, ” Nancy, “ I’m, isn't, ”, Hurricane Ian, Virginia Nancy, it’s Organizations: Service, Sunshine State, Virginia Tech, Bureau, Survey, Florida —, Cape Coral, Coral, Insurance Information Institute, Hurricane, Radford University Locations: Virginia, Florida, Nancy, Cape Coral, Georgia, Texas, Northern Virginia, Fairfax County, Cape, New Hampshire, Virginia Tech, Coral

They found that 10 countries, including Kenya, Morocco, Niger, Yemen, and Pakistan, experienced the majority of locust outbreaks among 48 affected nations. The researchers also found a strong link between the magnitude of desert locust outbreaks and weather and land conditions like air temperature, precipitation, soil moisture, and wind. El Nino, a recurring and natural climate phenomenon that affects weather worldwide, was also strongly tied to bigger and worse desert locust outbreaks. “As such variability increases, it is logical to predict that locust outbreaks will increase as well,” said Tallamy. The desert experienced locust outbreaks in 2019 after uncontrolled breeding following cyclones, which filled the desert with freshwater lakes.

Persons: Elfatih Abdel, Rahman, Douglas Tallamy, ”, Paula Shrewsbury, al Khali, Xiaogang Organizations: Agriculture Organization, National University of Singapore, Food, International, of, Physiology, Nino, University of Delaware, University of Maryland, World Bank, Associated Press Locations: Africa, South Asia, Agriculture, Kenya, Morocco, Niger, Yemen, Pakistan, East Africa, Shrewsbury, India, Asia, Arabian, West Africa, AP.org

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