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☆ A Speck of Old Iceland in Ice-Cold Lake Michigan
▼ + stars: | 2023-08-24 | by ( Carson Vaughan | ) www.nytimes.com time to read: +1 min

A refuge from the modern worldIn the fall of 1870, four young bachelors from the Icelandic fishing village of Eyrarbakki landed on Washington Island. By the end of the century, the island had become a center of Icelandic culture. Washington Island is the second-oldest Icelandic settlement in America, and if you know where to look, I assured Mel, hints of that history still abound. Established in 1904 by Ben Johnson, another Eyrarbakkian, the colonial-style Hotel Washington now offers eight small guest rooms and two shared bathrooms above a farm-to-fork restaurant awash in natural light. Once the island’s social hub, the hotel retains an old-world feel, despite the updates.

Persons: ”, “, Mel, Ben Johnson Locations: Eyrarbakki, Washington, Iceland, America

☆ The US needs a stable Chinese economy. Will Biden’s commerce secretary offer help?
▼ + stars: | 2023-08-24 | by ( Laura He | ) edition.cnn.com time to read: +7 min

Hong Kong CNN —US Commerce Secretary Gina Raimondo will travel to China next week, a visit that coincides with a worsening slowdown in the world’s second largest economy. Gina Raimondo, US commerce secretary, speaks during the SelectUSA Investment Summit in National Harbor, Maryland, US, on Tuesday, May 2, 2023. The Commerce Department announced on Monday that it was removing 27 Chinese companies from US export controls. China’s Ministry of Commerce welcomed the decision, saying it was conducive to trade and reflected the interests of both sides. That was followed earlier this month by President Biden signing an executive order that limits US investment in certain tech sectors of the Chinese economy, including AI and quantum computing.

Persons: Gina Raimondo, Raimondo, ”, Craig Singleton, Ting Shen, Trump, Biden, “, Washington, Donald Trump, It’s, Xi, Singleton, — Kylie Atwood, Jeremy Diamond Organizations: Hong Kong CNN — US, Washington, Foundation for Defense of Democracies, Commerce Department, Beijing, SelectUSA Investment, Bloomberg, Getty, China’s Ministry of Commerce, ” Eurasia Group, Apple, Nike, Intel, Microsoft, General Motors, US Treasury Department, Mintz Group, Bain & Company, Communist Locations: Hong Kong, China, Beijing, Washington, Shanghai, National Harbor , Maryland, United States, Europe, Japan, New York, court

☆ Russia says F-16s will escalate Ukraine war; Kyiv says they will tip the balance in its favour
▼ + stars: | 2023-08-21 | by ( ) www.reuters.com time to read: +2 min

[1/4] Ukrainian President Volodymyr Zelenskiy and Denmark's Prime Minister Mette Frederiksen sit in a F-16 fighter jet at Skrydstrup Airbase in Vojens, Denmark, August 20, 2023. Denmark and the Netherlands on Sunday announced they would supply F-16s to Ukraine, with the initial six due to be delivered around New Year. Danish Defence Minister Jakob Ellemann-Jensen said Ukraine may only use the donated F-16s within its own territory. "We donate weapons under the condition that they are used to drive the enemy out of the territory of Ukraine. The Netherlands has 42 F-16s available in all but has yet to decide whether all of them will be donated.

Persons: Volodymyr Zelenskiy, Mette Frederiksen, Ritzau Scanpix, Mads Claus Rasmussen, Vladimir Barbin, Yuriy Ihnat, Jakob Ellemann, Jensen, Oleksiy Reznikov, Jacob Gronholt, Pedersen, Pavel Polityuk, Angus MacSwan, Philippa Fletcher Organizations: Denmark's, Skrydstrup Airbase, REUTERS, Sunday, Washington, Danish, . Defence, Thomson Locations: Skrydstrup, Vojens, Denmark, U.S, New, Russia, Ukraine, COPENHAGEN, Netherlands, Russian, Ukrainian

☆ China investigates citizen accused of spying for CIA, security ministry says
▼ + stars: | 2023-08-20 | by ( ) www.reuters.com time to read: +2 min

Security cameras are seen at the U.S. embassy in Beijing, China July 26, 2018. REUTERS/Damir Sagolj/File Photo Acquire Licensing RightsBEIJING, Aug 21 (Reuters) - China is investigating a Chinese national accused of spying for the U.S. Central Intelligence Agency (CIA), the country's state security ministry said on Monday. The 39-year-old Chinese national, surnamed Hao, was a cadre at a ministry and had gone to Japan for studies, which was where the spying recruitment occurred, the ministry said. The statement came less than two weeks after the ministry said it uncovered another national also suspected of spying for the CIA after being recruited in Italy. Relations between the United States and China have soured in recent years over a range of issues, including national security.

Persons: Damir Sagolj, Hao, Ted, Li Jun, Li, Liz Lee, Elaine Lies, Gerry Doyle Organizations: U.S, REUTERS, Rights, U.S . Central Intelligence Agency, CIA, Thomson Locations: Beijing, China, Rights BEIJING, Japan, Italy, The U.S, Tokyo, United States, Washington, Shanghai

When President Biden meets with the leaders of Japan and South Korea at Camp David on Friday, the allies will have another nation in mind: China. Japan, South Korea and the United States share the common interest of competing with an increasingly assertive China and ensuring peace and stability in the Taiwan Strait. Just last week, Mr. Biden banned new American investment in key technological industries that could be used to enhance Beijing’s military capabilities. Washington has also kept a large military presence in both South Korea and Japan in part to counterbalance China’s influence in the region. But China’s economic growth also puts South Korea and Japan in an awkward position.

Persons: Biden, Camp David, Xi, ”, ” Jake Sullivan Organizations: Beijing, Huawei, United States, United, South, U.S Locations: Japan, South Korea, Camp, China, Beijing, United States, Taiwan Strait, U.S, Washington, United, Ukraine, Taiwan, Korea’s belligerence . Washington, Seoul, Pacific

☆ MLB roundup: Bryce Elder, Braves blank Yanks
▼ + stars: | 2023-08-16 | by ( ) www.reuters.com time to read: +9 min

[1/4] Aug 15, 2023; Cumberland, Georgia, USA; Atlanta Braves starting pitcher Bryce Elder (55) pitches against the New York Yankees during the first inning at Truist Park. The losing pitcher was Luis Severino (2-8), who worked four innings and allowed all five runs (three earned) on five hits. Philadelphia starter Zack Wheeler allowed one run on three hits in seven innings. Spenser Watkins (0-1) lost in his A's debut, allowing five runs on seven hits in 4 1/3 innings. Orioles starter Jack Flaherty (8-8), formerly Wacha's teammate with the Cardinals, gave up seven runs in three innings.

Persons: Bryce Elder, Dale Zanine, Marcell Ozuna, Ronald Acuna Jr, DJ LeMahieu, Luis Severino, Christian Walker, Tommy Pham, Geraldo Perdomo, Lourdes Gurriel Jr, Nick Ahmed, Kevin Ginkel, Paul Sewald, Brenton Doyle, Nolan Jones, Elehuris Montero, Ty France, Teoscar Hernandez, Eugenio Suarez, Josh Rojas, Bobby Witt Jr, Martinez, Enrique Hernandez, Bobby Miller, Carlos Santana, Adrian Houser, Jack Suwinski, Conner Joe, Ke'Bryan Hayes, Brandon Nimmo, Jakob Junis, Sean Manaea, Thairo Estrada, Wilmer Flores, San Francisco, Tyler Rogers, Luke Jackson, Zack Littell, Cavan Biggio, Seranthony Dominguez, Yusei Kikuchi, Zack Wheeler, Kyle Tucker, Jose Altuve, Tucker, A.J, Chas McCormick, Yainer Diaz, Alex Verdugo, Triston Casas, John Schreiber, Kenley Jansen, Keibert Ruiz, Stone Garrett, Josiah Gray, Nolan Arenado, Louis, Jordan Walker, Tommy Edman, Dakota Hudson, Lawrence Butler, Spenser Watkins, Logan Allen, Jose Ramirez, Tim Anderson, Allen, Matt Wallner, Dylan Floro, Jhoan Duran, Miguel Cabrera, Spencer Torkelson, Matt Vierling, Corey Seager, Seager, Nathaniel Lowe, Ezequiel Duran, Jordan Montgomery, Luis Robert Jr, Tanner Banks, Lane Ramsey, Aaron Bummer, Gregory Santos, Ramsey, Elvis Andrus, Ian Happ, Seiya Suzuki, Julian Merryweather, Gary Sanchez, Diego's, Michael Wacha, Jack Flaherty, Austin Hays Organizations: Atlanta Braves, New York Yankees, Diamondbacks, Rockies, Arizona, Colorado, The Diamondbacks, Mariners, Royals, Seattle, Kansas City, Dodgers, Brewers, Milwaukee, National League West, NL Central, Pirates, Mets, Pittsburgh, New York, The Pirates, Giants, Rays, San, Tampa Bay, Blue Jays, Phillies, Cavan, Toronto, Philadelphia, Astros, Marlins, Miami, Houston, Red Sox, Nationals, Boston, Washington . Five Red Sox, Washington, Cardinals, Athletics, Oakland, Reds, Cleveland, Cincinnati, Chicago White Sox, Tigers, Twins, Rangers, Angels, Louis Cardinals, White Sox, Cubs, Chicago Cubs, Padres, Orioles, Baltimore, Thomson Locations: Cumberland , Georgia, USA, Truist, Atlanta, York, Denver, Colorado, France, Angeles, New, Manaea, Houston, Minnesota, Detroit, Minneapolis, Texas, Los Angeles, Arlington , Texas, Baltimore

☆ China does Intel a small favor
▼ + stars: | 2023-08-16 | by ( Jonathan Guilford | ) www.reuters.com time to read: +3 min

Acquire Licensing RightsNEW YORK, Aug 16 (Reuters Breakingviews) - Intel (INTC.O) can thank China later. The chipmaker on Wednesday terminated its $5.4 billion acquisition of Tower Semiconductor (TSEM.TA), after failing to secure approval from the country’s State Administration for Market Regulation. Beijing’s trustbusters are providing a helpful escape route from the intensifying technology trade war. Reuters GraphicsAdding Tower would have helped Intel boss Pat Gelsinger with his strategic pivot to making semiconductors designed by others. Tower uses old technology, however, while Intel’s new customers, including the U.S. Department of Defense and Qualcomm, want cutting-edge fabrication.

Persons: Pat Gelsinger, MaxLinear, China’s, Jeffrey Goldfarb, Sharon Lam Organizations: Dow Jones Industrial, Intel, Reuters, Tower Semiconductor, Administration, Market, NXP Semiconductors, U.S . Department of Defense, Qualcomm, Wall Street Journal, Motion Technology, Cisco Systems, Acacia Communications, Thomson Locations: San Diego , California, China, country’s, Washington, Beijing

☆ Texas approves plan to mandate Tesla tech for EV chargers despite opposition
▼ + stars: | 2023-08-16 | by ( Abhirup Roy | ) www.reuters.com time to read: +3 min

Tesla's efforts are facing early tests as some states start rolling out the funds. But individual states can add their own requirements on top of CCS before distributing the federal funds at a local level. In June, Reuters reported that Texas - which will receive and deploy $407.8 million over five years - planned to mandate companies to include Tesla's plugs. That forced Texas to defer a vote on the plan twice as it sought to understand NACS and its implications, before the commission voted unanimously to approve the plan on Wednesday. Reporting by Abhirup Roy in San Francisco; Additional reporting by Jarrett Renshaw; Editing by Kirsten DonovanOur Standards: The Thomson Reuters Trust Principles.

Persons: Elon Musk's, Biden, Humberto Gonzalez, Abhirup Roy, Jarrett Renshaw, Kirsten Donovan Organizations: FRANCISCO, Federal, CCS, Ford, General Motors, Reuters, SAE, Texas Transportation Commission, Thomson Locations: Texas, Pennsylvania's, Ohio, U.S, Washington, Kentucky, Florida, San Francisco

☆ Treasury Secretary Janet Yellen accidentally ate hallucinogenic mushrooms in China
▼ + stars: | 2023-08-15 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +2 min

Treasury Secretary Janet Yellen inadvertently consumed magic mushrooms during a visit to China. CNN previously reported that following Yellen's visit the mushroom dish was selling out at Yi Zuo Yi Wang other locations across China. Yi Zuo Yi Wang means In and Out in English, but the Chinese chain bears no connections to the California burger giant. Instead of animal style fries, Yi Zuo Yi Wang specializes in Yunnan food, according to CNN it is a popular cuisine in southwestern China. Yellen visited Yi Zuo Yi Wang as part of a group dinner during a visit that sought to rebuild relations between the world's two largest economies.

Persons: Janet Yellen, Yellen, CNN's Erin Burnett, Biden, Yi Zuo Yi Wang Organizations: Service, Biden Cabinet, CNN Locations: China, Wall, Silicon, California, Yunnan, Washington, Beijing

☆ China uncovers alleged Chinese spy for CIA - state broadcaster
▼ + stars: | 2023-08-11 | by ( ) www.reuters.com time to read: +2 min

The Chinese national surnamed Zeng, who had worked for a military industrial group, was recruited by a CIA agent based in Italy, China Central Television (CCTV) said in a report. Zeng was sent to Italy by the military industrial group for further studies and became acquainted with the CIA agent. After succeeding in "shaking" Zeng's political stance, the CIA agent sought sensitive information about the Chinese military from Zeng, according to the CCTV report. Zeng was found to have signed an espionage agreement with the U.S. and had received training before returning to China, CCTV reported. After returning to China, Zeng had provided on numerous occasions "core" intelligence, and had pocketed funds for the efforts, it said.

Persons: Zeng, Seth, Liz Lee, Ryan Woo, Jamie Freed, Michael Perry, Raju Gopalakrishnan Organizations: U.S . Central Intelligence Agency, CIA, China Central Television, U.S, Shanghai, Thomson Locations: BEIJING, China, Italy, U.S, Beijing, Washington, United States

☆ Opinion | The Wagner Group Is Always Ready for a Coup
▼ + stars: | 2023-08-11 | by ( Colin P. Clarke | ) www.nytimes.com time to read: +3 min

But the nation’s successive elected governments were at least willing to cooperate with Washington, allowing the U.S. military to conduct regional counterterrorism activities. Washington has stopped short of calling the crisis a coup — a move that would require the United States to halt security and economic assistance. Wagner will be ready. Their operations have frequently resulted in the deaths of civilians, with credible accusations of sexual violence, torture and extrajudicial killings. Within days of Wagner’s aborted advance on Moscow, Russia’s foreign minister, Sergei Lavrov, said that Wagner’s African footprint would remain.

Persons: Jama’at Nusrat al, Barkhane, jihadists, Wagner, —, Al Qaeda, Bazoum, Prigozhin’s, Wagner’s, Sergei Lavrov, Prigozhin, Putin Organizations: U.S, United, Nigerien, Islamic, West, Central African, Kremlin Locations: Sahel, Africa, Islamic State, Greater Sahara, Haram, Islam, Niger, Washington, United States, America, Mali, Libya, Central African Republic, Sudan, Moscow, St . Petersburg

Cuban tanker Petion is seen at a shipyard in Veracruz, Mexico April 9, 2021. Mexico has emerged as a top provider, sending oil on a vessel owned by state oil company Petroleos Mexicanos (Pemex) and ships managed by Cuba. The ship previously ferried Venezuelan crude and fuel oil to Cuba, according to Refinitiv Eikon data. Cuba-flagged tanker Delsa also delivered Mexican crude from Pajaritos to Cienfuegos in June, and then sailed to Venezuela, where it loaded oil, the data showed. HELP NEEDEDRussia supplied Cuba with some 12,000 bpd of oil, mostly crude, between February and July, according to the Eikon data.

Persons: Yahir, Vilma, Pemex, Delsa, Esperanza, Washington, Marianna Parraga, David Sherwood, Adriana Barrera, Marguerita Choy Organizations: REUTERS, HOUSTON, Cuban, U.S . Treasury Department's, Foreign Assets Control, U.S . State Department, Reuters, San, Thomson Locations: Veracruz, Mexico, Venezuela, Mexico Mexican, Cuba, Russia, Washington, Mexico's, Cienfuegos, Havana, U.S, San Jose

☆ These are the top 10 U.S. cities where New Yorkers want to move—only 1 is in California
▼ + stars: | 2023-08-08 | by ( Celia Fernandez | ) www.cnbc.com time to read: +4 min

New York City is one of the most expensive American cities to live in, yet people from all around the world continue to flock there. Los Angeles is the only California city to make StreetEasy's list, while Florida had three cities rank in the top 10, including Tampa and Orlando. 1 U.S. city New Yorkers are moving to: Miami, FloridaMiami's popularity among New Yorkers continues to rise and the Florida city landed the top spot of cities residents are thinking about relocating to. Alexander Spatari | Moment | Getty ImagesTop 10 U.S. cities New Yorkers are moving toMiami, Fla. Philadelphia, Pa. Stamford, Conn. Atlanta, Ga. Tampa, Fla. Boston, Mass. It is considered the most significant financial district outside New York City, according to the city's Chamber of Commerce.

Persons: Douglas, StreetEasy, Goldman Sachs, Alexander Spatari, Sean Pavone, it's, Ned Lamont Organizations: New, Yorkers, Elliot Management, Fla ., Washington D.C, Philadelphia, Comcast Corporation, Toll, Burlington Stores, Burlington Stores . Philadelphia, Istock, Getty Images, Bloomberg, U.S . Postal Service, Charter Communications, city's Chamber of Commerce ., Getty Locations: Miami, Florida, New, New York City, Manhattan, The City, Yorkers, Los Angeles, California, Tampa, Orlando, U.S, United States, South Beach, Little Havana, . Miami , Florida, Fla . Philadelphia, Pa . Stamford, Conn, Atlanta, Ga, Fla, Boston, Mass, Fla . Los Angeles, Calif, Washington, East Stroudsburg, Pa, New York County, Kings County, Brooklyn, Queens County, Queens, Philadelphia, The Pennsylvania, Burlington Stores ., Getty Images Stamford , Connecticut, Connecticut, New York City for Connecticut, Stamford, city's Chamber of Commerce . Stamford , Connecticut

CNN —The teenage cousin of the gunman responsible for the 2022 Uvalde, Texas, school shooting was arrested Monday on suspicion of threatening to “do the same thing” to a school, according to court documents obtained by CNN. Cruz is the cousin of Salvador Ramos, the 18-year-old who fatally shot 19 children and two teachers at Robb Elementary School in May 2022, San Antonio police Sgt. Cruz’s mother contacted police on Monday after her daughter reported that Cruz said he planned to “do the same thing” as his cousin, according to an affidavit obtained by CNN. His mother told investigators she was “especially concerned because the suspect is currently on probation, was intoxicated at the time” and because the family lives across the street from an elementary school, the affidavit states. Cruz’s sister told investigators that while she was giving her brother a ride, he “threatened to shoot her in the head and stated he would ‘shoot the school,’” according to the affidavit.

Persons: Nathan James Cruz, Cruz, Salvador Ramos, Washington Moscoso, Ramos, Law, Cruz’s, “, ’, Cruz “ Organizations: CNN, Bexar County Central, Robb Elementary School, New York Times, Robb Locations: , Texas, Bexar County, San Antonio, Antonio

☆ The top 10 most expensive states to live in based on living expenses — Hawaii is 50% above the national average
▼ + stars: | 2023-08-06 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +3 min

This amounts to 35% of the annual US household average income of $70,784. Hawaii residents, however, pay around 50% above this national average — forking out an average of $3,070 for their monthly expenses. Getty ImagesMonthly bill expense per household: $2,7274. Getty ImagesMonthly bill expense per household: $2,5696. Getty ImagesMonthly bill expense per household: $2,41310.

Persons: Justin Sullivan, Joseph Sohm, Barry Winiker Organizations: Service, Hawaii, Utilities, Swiet, Getty, ., Maryland, House of, New York New, Washington Housing, . Colorado Colorado, Alaska Locations: Hawaii, Doxo, Wall, Silicon, New York, California , New Jersey, Massachusetts, West Virginia , Mississippi , Arkansas , Oklahoma, Kentucky, Hawaii Lanai, California, San Francisco, . New Jersey Newark , New Jersey, . Massachusetts Pittsfield , Massachusetts, House of Annapolis , Maryland, . Connecticut, Hartford, Connecticut River , Connecticut, New York New York City, Seattle , Washington, . Colorado Colorado Springs , Colorado, Alaska Anchorage , Alaska

“In the age of AI, where data is the new oil, China is the new Saudi Arabia”, venture capitalist Lee Kai-fu declared in 2018. Washington may soon tighten export restrictions to China by targeting AI semiconductors, according to the Wall Street Journal. A slowing economy and brutal price war in the fiercely competitive cloud market will only make monetising AI products harder. China’s AI moment has arrived, only with far less promise than initially hoped. China wants to become a world leader in AI by 2030, according to a 2017 roadmap released by the State Council.

Persons: Lee Kai, OpenAI's, Xi Jinping, Goldman Sachs, Robin Li, Baidu’s, Bernstein, SenseTime, Xi, Una Galani, Thomas Shum Organizations: Reuters, Saudi Arabia ”, OpenAI's ChatGPT, European Union, Baidu, HK, Nasdaq, Washington, Wall Street, Nvidia, AMD, Microsoft, CloudWalk Technology, Cyberspace Administration, China, State, Thomson Locations: HONG KONG, China, Republic, Saudi Arabia, United States, Beijing, York, Shanghai

☆ Russia's fighter jets have gone from harassing US aircraft to actually breaking them as Moscow flexes its muscles where it still can
▼ + stars: | 2023-07-28 | by ( Jake Epstein | ) www.businessinsider.com time to read: +12 min

Russian fighter jets have harassed US military drones on numerous occasions throughout July. That incident is just one of several demonstrations of Russian aggression around US military drones this month. Russian military Su-34 and Su-35 aircraft employ flares in the flight path of a US MQ-9 aircraft on July 6, 2023 over Syria. A press officer who goes by callsign Damian looks at a destroyed Russian military vehicle in Novodarivka village, Zaporizhzhia Region, southeastern Ukraine. "These maneuvers, they are to some extent intended to demonstrate Russian military strength," which could appease the country's domestic audience.

Persons: Nicholas Lokker, Alexus Grynkewich, Sabrina Singh, Su, Wagner, Yevgeny Prigozhin, Vladimir Putin, Damian, Putin, Lokker, Assad, Äzzeddin Kasim, Paul Lushenko, Lushenko, Christopher Sommers, AFCENT Organizations: Kremlin, Service, Center, New, New American Security, Islamic, US Air Force, ISIS, US Air Forces Central Command, Pentagon, Donetsk Regions, US, Anadolu Agency, Getty, US Army, Islamic Revolutionary Guard Corps, Quds Force, 421st Expeditionary Fighter Squadron, U.S . Central Command Locations: Wall, Silicon, Syria, Russia, Russian, Ukraine, New American, Moscow, Syria . Washington, Islamic State, Washington, CNAS, Belarus, Novodarivka, Zaporizhzhia Region, Zaporizhzhia, Ukrainian, Iran, Idlib, United States, Western

☆ War with China would be an 'onslaught' like the US hasn't faced in decades
▼ + stars: | 2023-07-27 | by ( Jake Epstein | Jacob Zinkula | ) www.businessinsider.com time to read: +15 min

War would also have severe consequences for China and US allies in the Western Pacific. Any war with China would be fought on multiple fronts — from the air and sea to the web and financial markets. The US maintained this capacity for decades, but America's manufacturing prowess has atrophied since the end of the Cold War. Control of the Pacific would be a crucial part of any war with China, and Beijing boasts the world's largest navy. Cash warsWhile a military conflict between the US and China is only a hypothetical, the two countries are already competing on the economic battlefield.

Persons: Joe Biden, Mark Milley, Dan Blumenthal, it's, Blumenthal, Ujian, didn't, Glenn O'Donnell, Forrester, stymie, Ann Wang, William Alan Reinsch, Reinsch, Russia —, Scott Kennedy, Kennedy, aren't, Ramping, Jake Epstein, Jacob Zinkula Organizations: US, Joint Chiefs of Staff, Armed, US Navy, American Enterprise Institute, US Department of Defense, US Marine Corps, Pentagon, Navigation Plan, Ford, Nimitz, Center for Strategic, International Studies, Beijing, Russia, Columbia University, Marine Locations: China, Western, Beijing, Pacific, Taiwan, South China, America, Nebraska, Pearl, Normandy, Mongolia, Ukraine, Russian, Nanchang, Liaoning, Shandong, Fujian, wean, Washington, United States, Japan, Philippines, Netherlands

☆ Why Americans making over $200,000 are flocking to Idaho and Montana
▼ + stars: | 2023-07-27 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +4 min

Those states saw high net migration among those earning above $200,000, meaning more are moving in than out. Florida is one of just nine states without an income tax, and the weather and business opportunities have been major pulls for Americans. Idaho has seen a particularly accelerated rate of high-earners moving to cities such as Boise and Meridian. Texas had the second-highest total net migration with around 9,000, followed by North Carolina at over 5,400. California had a net migration loss of over 27,300 high-earners, while New York had a loss of nearly 20,000.

Persons: Thursday's Organizations: Service, California . Idaho and, Meridian . Idaho, US, Economic Innovation Group Locations: Idaho , Montana, Florida, . California, New York, Wall, Silicon, California . Idaho, California . Idaho and Montana, . Idaho, Boise, Meridian, Texas, North Carolina, South Carolina , Tennessee, Georgia, California, Illinois , Massachusetts, New Jersey, Washington, Thursday's —, Bozeman, Billings

☆ Bonaire: Why so many visitors want to move to this secret island
▼ + stars: | 2023-07-25 | by ( Danielle Braff | ) edition.cnn.com time to read: +8 min

CNN —Sometimes it only takes one visit to convince visitors to pack up their belongings and move to Bonaire permanently. “I fell in love with Bonaire,” Davis, now in her mid-60s, says of her initial visit. Bonaire, pronounced “Bone-air,” is located just off the coast of Venezuela, and it’s one of the three ABC islands: Aruba, Bonaire and Curaçao. Bonaire is known for its scuba diving, but unless you’re Dutch or an avid diver, you probably haven’t given the island much thought. johnandersonphoto/iStockphoto/Getty ImagesThen, in 1999, the Bonaire government purchased Klein Bonaire (an uninhabited island a half mile offshore) from the private sector for $4.6 million with the agreement that it would remain a naturally preserved island.

Persons: Susan Davis, Davis, “, ” Davis, ” She’s, ”, Rolando Marin, that’s, Greg Balfour Evans, Boy ” Herrera, Annette Emerenciana, Harry Schoffelen, who’s, Kiki Multem Organizations: CNN, Bonaire, Statistics Netherlands, CBS, Tourism Corporation, ABC, Klein Bonaire, US State Department, “ Bonaire, “ Locations: Bonaire, Chicago, Dutch, Netherlands, Tourism Corporation Bonaire, Venezuela, Aruba, Curaçao, Kingdom of, Miami, Kralendijk, Blue Bonaire, Washington, johnandersonphoto, Development, “, United States, Europe

☆ Your Lyft ride got cheaper because the company laid off so many employees
▼ + stars: | 2023-07-25 | by ( Alex Bitter | ) www.businessinsider.com time to read: +2 min

Lyft has lowered ride prices after laying off over 1,000 corporate employees this spring. As a result, it has claimed some market share from rival Uber, the Wall Street Journal reported. Both Lyft and Uber have raised ride prices significantly over the last several years. Get the inside scoop on today’s biggest stories in business, from Wall Street to Silicon Valley — delivered daily. As planned, Lyft has lowered prices in the months following the layoffs, the Wall Street Journal reported on Monday.

Persons: Lyft, Uber, David Risher, —, Risher, DCist Organizations: Wall Street Journal, Service, Wall Street, Uber, Forbes, Reuters Locations: Wall, Silicon, Washington

… The earth is screaming at us," Washington state Governor Jay Inslee said Sunday on ABC's "This Week." Washington state is switching to electric-powered ferries and stopping the sale of internal combustion cars after 2035, said Inslee. Palm Springs Mayor Grace Elena Garner, who also spoke on "This Week," highlighted the need for further resources from the federal government. She emphasized more funds for housing development are needed to ensure residents don't have to live outside in worsening environmental conditions. The U.S. must lead the climate fight "not just from a moral standpoint, but from [its] self-interest standpoint," Inslee said.

Persons: Bill Forte, Jay Inslee, Joe Biden's, Grace Elena Garner, Garner, Inslee Organizations: North Sky Communications Locations: Pacific, Lake Forest Park , Washington , U.S, U.S, Washington, Springs, Palm Springs

Volatility is still weighing on oil markets, U.S. Energy Secretary Jennifer Granholm said Saturday, reiterating calls for additional supplies. Asked to comment on the state of oil markets, she told CNBC's Sri Jegarajah that "there's no doubt that there is a volatile environment, and ... there's plenty of indebtedness" — a situation that the White House is monitoring. "There is a lot of emotion in these markets and so we have deep concern about trajectories of where things are headed," the energy secretary added. Granholm said she expects oil demand in the U.S. to increase to 12.5 million barrels per day this year, and to make further gains in 2024. High crude oil prices continue to be a challenge for the Biden administration, and lowering costs remains a priority.

Persons: Jennifer Granholm, CNBC's, Granholm, —, Biden Organizations: U.S . Energy, Organization of, Petroleum, Coalition, Saudi, Washington Locations: U.S, OPEC, Saudi Arabia, Russia

☆ Russia and Ukraine just turned much of the Black Sea into a dangerous no man's land
▼ + stars: | 2023-07-20 | by ( Jake Epstein | ) www.businessinsider.com time to read: +7 min

Russia and Ukraine have exchanged threats this week to ships sailing through the Black Sea. The Kremlin then went much further, warning it may attack any vessels it believes are bound for Ukraine, effectively turning the Black Sea into a no man's land. They added that Moscow even published a video claiming to have detected and detonated an alleged Ukrainian sea mine. "Our information indicates that Russia laid additional sea mines in the approaches to Ukrainian ports. Turkish-flagged bulker TQ Samsun, carrying grain under UN's Black Sea Grain Initiative, transits Bosphorus in Istanbul, Turkey July 18, 2023.

Persons: Biden, Adam Hodge, António Guterres, —, Matthew Miller, Lasalle, Mark Duncan, Washington didn't Organizations: Service, United Nations, AP, White, Security, REUTERS, Black Sea Initiative, UN, US State, US Naval Institute Locations: Russia, Ukraine, Moscow, Wall, Silicon, Kremlin, Odesa, Ukrainian, Kyiv, Crimea, Azov, Samsun, Istanbul, Turkey, Iran, Persian, Iraq, Hormuz, Kuwait, Soviet, Iraqi, American

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