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☆ The politics and competition driving Disney's high stakes $60 billion theme parks expansion
▼ + stars: | 2024-06-06 | by ( Paulina Likos | ) www.cnbc.com time to read: +9 min

The next wave of Disney theme park expansion in the U.S. is primed to be in California rather than Florida. The decision requires Disney to put a minimum of $1.9 billion in theme parks, lodging, entertainment, shopping and dining within 10 years. In Florida, Disney has had a more difficult time navigating the political landscape — leading to Disney World development tie-ups. In its fiscal 2024 second quarter , Disney's Parks & Experience division, which includes theme parks, resorts, cruises, hotels, and consumer products grew sales by nearly 10% to $8.93 billion and operating income by more than 12% to $2.29 billion. "Comcast's exposure to, and reliance on the Theme Parks segment is about to expand dramatically," according to MoffettNathanson.

Persons: —, Ron DeSantis, DeSantis, Bob Iger, Iger, Nelson Peltz, Jeff Marks, Disney's, Laurent Yoon, Bernstein, Yoon, Orlando, Peter Supino, Harry Potter, Supino, Jim Cramer, Jim Cramer's, Jim, Mario Tama Organizations: Disney, Republican Florida Gov, CNBC, Comcast, What's, that's, Disney's Parks, Parks, Disney Destiny, Sunshine, Universal, Wolfe Research, Universal Studios Hollywood, Wall Street, Getty Locations: U.S, California, Florida, Anaheim —, Southern California, NBCUniversal, DeSantis, Orlando, Golden, Anaheim, Anaheim , California

☆ United States cricket team scores major upset over Pakistan in T20 World Cup
▼ + stars: | 2024-06-06 | by ( David Close | ) edition.cnn.com time to read: +2 min

CNN —The US cricket team orchestrated a shocking defeat of powerhouse Pakistan following a dramatic Super Over victory at the Men’s T20 Cricket World Cup on Thursday in Dallas. The United States is co-hosting the World Cup for the first time, along with the West Indies. Fans react after a boundary hit by Pakistan batsman during the ICC Men's T20 World Cup cricket match between United States and Pakistan at the Grand Prairie Stadium in Grand Prairie, Texas, Thursday, June 6, 2024. United States' Aaron Jones plays a shot in Super Over during the ICC Men's T20 World Cup cricket match between United States and Pakistan at the Grand Prairie Stadium in Grand Prairie, Texas, Thursday, June 6, 2024. Tony Gutierrez/APIndia, who are also in Group A, are one of the favorites to win the 2024 T20 Cricket World Cup.

Persons: Nitish Kumar, Tony Gutierrez, Netravalkar, Monank Patel, “, ” Patel, Aaron Jones Organizations: CNN, US, USA Cricket, West, Prairie Cricket, Pakistan, ICC, USA, United, Canada, AP Locations: Pakistan, Dallas, United States, West Indies, Grand Prairie , Texas, AP India, India, New York, Ireland

☆ Craft cocktails, mountain bikes and art: Walmart's hometown is booming, and getting more expensive
▼ + stars: | 2024-06-06 | by ( Melissa Repko | In Melissa-Repko | ) www.cnbc.com time to read: +13 min

— When Gil Curren's family moved into a run-down farmhouse in Walmart's hometown of Bentonville, Arkansas, in 1971, the now-retail giant wasn't yet a decade old. Craft cocktails, hipster coffee shops and chef-driven restaurants have popped up around the city. Realtor Kristen Boozman, who works for Sotheby's, helps clients search for homes in the Bentonville area, including many buyers who are relocating from another city. Home values have shot up in the Bentonville area. A Walmart spokeswoman said the Walton Family Foundation funds and advocates for affordable housing projects in the Bentonville area.

Persons: Gil Curren's, it's, Sue, Gil Curren, Melissa Repko, Hunt, Tyson, Shawn Baldwin, Sam Walton, Walton, Walton's, Steuart, Tom Walton, Sam Walton's, Alice Walton, Bridges, She's, Crystal Bridges, Kristen Boozman, There's, Donna Morris, Morris, Tracy Robinson, she's, CNBC Tracy Robinson, Robinson, Stanley, Matthew Cooper, Tom, Cooper, he's, district's, It's, Jeff Webster, Bentonville Shawn Baldwin Organizations: Cyclists, Kansas City, CNBC, Walmart, Craft, Fortune, Tyson Foods, PepsiCo, Hershey, Mattel, . Census, Cushman &, Sage Partners, of Commerce, Northwest Arkansas Council, D.C, Ropeswing Hospitality, Bentonville Schools, Excellerate Foundation, Walton Family Foundation, Walton Family, Bentonville Locations: BENTONVILLE, Ark, Walmart's, Bentonville , Arkansas, Bentonville, Kansas, Austin , Texas, New York, U.S, Silicon, It's, Arkansas, Cushman & Wakefield, American, Crystal, Austin, Boise , Idaho, Dallas, Fort Worth, Atlanta, Toronto, New York City, Miami, Washington, New York City , Washington, Bentonville's

☆ French Open quarterfinal recap: Breaks of serve and semifinal surprises
▼ + stars: | 2024-06-05 | by ( Charlie Eccleshare | Matthew Futterman | ) www.nytimes.com time to read: +5 min

On Day 11 of Roland Garros 2024, there were breaks of serve galore, semifinals surprises and doubles lessons for single players. If you’re a fan of players holding serve, I’m afraid Wednesday’s day session on Court Phillippe-Chatrier was not for you. There were 26 breaks of serve in the six singles sets played, an average of more than four breaks per set. Neither had ever reached even a Grand Slam quarterfinal before, while Rybakina, Sabalenka and Swiatek had been the best players of the clay court swing, alongside Danielle Collins. With less than 24 hours to recover before taking on Paolini, Andreeva told her partner Vera Zvonareva that she needed to rest.

Persons: Roland Garros, I’m, Phillippe, Chatrier, Jasmine Paolini, Elena Rybakina, Mirra Andreeva, Aryna Sabalenka, Alain Jocard, It’s, Iga Swiatek, Coco Gauff, Swiatek, Danielle Collins, Monica Seles, Steffi Graf, Gabriela Sabatini, Arantxa Sanchez Vicario, Loup Gautreau, Rybakina, Sabalenka, Jannik, Carlos Alcaraz, Casper Ruud, Alexander Zverev, Andreeva, Vera Zvonareva, John McEnroe, Serena Williams, ”, Paolini, Sara Errani, Alexander de Minaur, Iga, Eamonn Dalton Organizations: Getty, Swiatek, The Athletic Locations: AFP, Jean

Thursday is a big day for the European Central Bank. It is widely expected to lower interest rates by a quarter percentage point, its first cut since 2019 — and outpace the Fed in lowering borrowing costs. The big questions on our mind: Will Christine Lagarde, the central bank’s president, signal further cuts at its July and September meetings? The good news: Economists say the era of elevated rates around the world is coming to an end. But they add that sticky inflation will tie central bankers’ hands, limiting their ability to lower borrowing costs much.

Persons: Will Christine Lagarde, Holger Schmieding, DealBook Organizations: European Central Bank, Berenberg Bank Locations: Brussels

☆ As Hunter Biden Stands Trial, a Republican Noise Machine Goes Silent
▼ + stars: | 2024-06-05 | by ( Jonathan Weisman | ) www.nytimes.com time to read: +1 min

For nearly four years, Republicans have delved into the darkest corners of Hunter Biden’s life, seeking to tie his troubles to his father, President Biden. But as the younger Biden stands trial in Delaware on gun charges, the case’s glaring political contradictions have rendered the G.O.P. It stands to reason: The baseless claim that the Biden Justice Department is running a political persecution of Mr. Trump is somewhat undermined by the department’s prosecution of the president’s son. So beyond the professional provocateurs in Washington and the right-wing media, Republicans have decided to say as little as possible. “I wouldn’t read too much into a lot of people not talking about it right now,” cautioned Representative Kelly Armstrong, Republican of North Dakota, and a leader of the House investigation of Hunter Biden.

Persons: Hunter, Biden, Donald J, Trump, Hunter Biden, ”, Kelly Armstrong, “ There’s Organizations: Republicans, Biden Justice Department, Republican Locations: Delaware, Washington, North Dakota

☆ Far-Right Vows to Tie Up the Senate to Avenge Trump Are So Far Mostly Empty
▼ + stars: | 2024-06-05 | by ( Carl Hulse | ) www.nytimes.com time to read: +1 min

Senator Rick Scott is so furious over the felony conviction of former President Donald J. Trump that the Florida Republican says he and his colleagues need to take it out on the Senate, by acting as disrupters and blocking all Biden administration nominees and legislation. “We can’t have business as usual,” Mr. Scott insisted as the Senate convened this week for the first time since Mr. Trump’s trial ended in New York with a fusillade of “guilty” verdicts. Yet so far at least, business as usual it is. Despite the far-right conservative bloc vowing to draw the line against White House nominees and Democratic legislation, three nominees — one a judge for the usually pummeled District of Columbia, no less — have breezed through the Senate this week with plenty of Republican backing. side is willing to draw such a hard line in a fit of pique.

Persons: Rick Scott, Donald J, Trump, Mr, Scott, Trump’s, Mitch McConnell of Organizations: Florida Republican, Biden, White, Democratic, of Columbia, Senate, Republican Locations: Florida, New York, pummeled, Mitch McConnell of Kentucky

☆ Tim Cook is about to reveal Apple's plan to dominate the internet for another decade
▼ + stars: | 2024-06-05 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +4 min

Read previewWhen Steve Jobs launched the first iPhone in 2007, it was a landmark moment in Apple's history that involved the CEO of another Silicon Valley company: Google. Now, Apple is preparing to unveil its plans to dominate the internet again — with the help of another Silicon Valley company. Apple's plan to dominate the internet, againOn Monday, when CEO Tim Cook kicks off Apple's Worldwide Developer Conference (WWDC), he's expected to reveal a new vision of artificial intelligence by announcing a partnership with OpenAI. Time will tell if the deal is as powerful as Apple's search engine agreement with Google. AdvertisementOne thing is certain: Apple's about to pitch the world on its plans to dominate the internet in the AI age.

Persons: —, Steve Jobs, Eric Schmidt, Google's, Apple, it's, Tim Cook, he's, Bloomberg's Mark Gurman, Dan Ives, OpenAI, Sam Altman Organizations: Service, Google, Apple, Business, Apple's, Conference, OpenAI, Rivals, Microsoft Locations: Bloomberg's

☆ Apple TV+ is making a big brand partnerships hire as it warms up to advertising
▼ + stars: | 2024-06-05 | by ( Lucia Moses | ) www.businessinsider.com time to read: +3 min

Read previewApple has made a big brand-partnerships hire who will work across its Apple TV+ entertainment business, a sign that it's serious about becoming a bigger advertising company. Lewinsky's role at Apple is expected to resemble that of Mahta Eghbali, who led copromotions for Apple TV+ films, TV, and sports and who left the company in 2023. Industry sources who work in branded entertainment said Apple TV+ has been stepping up efforts to use brands to promote its entertainment. Apple TV+ doesn't have an ad tier, but it's made a handful of hires from the TV business that have fueled speculation that it plans to introduce one, despite its long-held stance on customer privacy. Apple TV+ also recently hired a marketing vet, Tony Trujillo, to run marketing partnerships.

Persons: —, Mike Lewinsky, Eghbali, Lewinsky, Monica Lewinsky, Barbie, merch, Ted Lasso, It's, Lauren Anderson, Magno Herran, it's, Ricky Strauss, Chris Van Amburg, JP Richards, Tony Trujillo Organizations: Service, Apple, Endeavor, InBev, DP, Marriott International, Visa, Business, Creative Artists Agency, Entertainment Media Ventures, Nike, Tandem, Amazon MGM, Netflix, Lacoste Locations: 160over90

☆ Hunter Biden trial shows America’s justice system isn’t so rigged after all
▼ + stars: | 2024-06-04 | by ( Oliver Darcy | ) edition.cnn.com time to read: +3 min

The same media outlets and figures who have told their audiences that there is a “two-tiered justice system” in America, are now prominently covering a trial in which Biden’s own Justice Department prosecutes his son. If Biden is rigging the justice system, he is doing a lousy job. However, while Trump’s trial was treated as an illegitimate “sham” by the MAGA Media machine, the Hunter Biden trial is being portrayed in a markedly different light. Regardless of what happens in the Hunter Biden trial, however, Trump’s media allies will still undoubtedly claim that the justice system is rigged. But, even if Hunter Biden is found guilty, audiences will be told that he got off easy and should have been hit with more severe charges.

Persons: Donald Trump’s, Hunter Biden, Sean Hannity, Laura Ingraham, Jesse Watters, —, Joe Biden’s, Department prosecutes, Biden, “, Biden’s, don’t, It’s Organizations: New York CNN, Fox, Department, Fox News, MAGA, Democratic Party, Republican Party, GOP, MAGA Media Locations: New York, America

☆ ‘Becoming Karl Lagerfeld:’ A flattering sketch of the controversial designer
▼ + stars: | 2024-06-03 | by ( Caitlin Chatterton | ) edition.cnn.com time to read: +7 min

In “Becoming Karl Lagerfeld” he is brooding, combative and ambitious, sure — but we are equally encouraged to root for him. Despite Dietrich’s protestations, the creators of “Becoming Karl Lagerfeld” seem to side with their muse. Parisian fashion in the 1970s was, “Becoming Karl Lagerfeld” suggests, a scene broadly gatekept by a handful of squabbling men. "Becoming Karl Lagerfeld" intends to plunge the viewer into the heart of 1970s Paris, Monaco and Rome, to "follow the formidable blossoming of this complex and iconic personality," say the show notes. “Becoming Karl Lagerfeld” is, stylistically, a luxurious tribute to ‘70s flair: gorgeous to look at and offering an aggressively humanized look at some of fashion’s biggest names.

Persons: CNN —, Karl Lagerfeld, Daniel Brühl, Jacques de Bascher, Théodore Pellerin, “, ”, Kaiser Karl, Bascher, —, Yves Saint Laurent, Arnaud Valois, King, King Louis XIV, Lagerfeld, Caesar Flickerman, Stanley, Chuck Bass, Ed Westwick, Chanel, Jean, Claude Sauer, Gaby Aghion, Agnès Jaoui, Karl Lagerfeld ”, Saint Laurent, fawning, ” Karl Lagerfeld, couturier Pierre Balmain, ullstein, Marlene Dietrich, Sunnyi Melles, Dietrich, –, Charles Frederick, Worth, ” Claire Wilcox, ” Worth, Caroline Dubois, Abigail Joseph, — Louis XIV, Joseph, Pierre Larousse’s, Schiaparelli, de Organizations: CNN, Hulu, Metropolitan Museum of Art, German, London’s, Albert Museum, ”, Jour, Disney, Peterborough Express ”, Leitrim Advertiser, Dior, Balmain, Givenchy Locations: France, Chloé, Paris, Monaco, Rome, Worth, Peterborough

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Persons: Narendra Modi, Modi’s Organizations: N.D.A, INDIA Modi’s, Modi’s Bharatiya Janata Party, Party Coalition Locations: India, N.D.A

Learn moreWant to know where to watch Love Island online from anywhere for free? Check out all the links in the box below to get ready to watch Love Island UK online from anywhere. Where to watch Love Island online in the UKUK locals can tune in on ITV2 nightly from 9 p.m. BST. Where to watch UK Love Island online in AustraliaReality TV fans in Australia can watch Love Island online, too, but coverage will be a few hours behind the events in the UK. How to watch Love Island abroad for freeThere's no reason to pay to watch Love Island online when abroad, seeing as it's streaming for free in the UK, New Zealand, and Australia.

Persons: ExpressVPN Organizations: Business, Love, Hulu ., ITV2, Hulu, Disney, ESPN Plus, Australia Reality Locations: Australia, New Zealand, Love, ITVX

☆ Netflix has a key advantage over Amazon in courting advertisers
▼ + stars: | 2024-06-03 | by ( Lucia Moses | ) www.businessinsider.com time to read: +4 min

Read previewScale has been a big part of Amazon's pitch for ads in Prime Video. Amazon doesn't regularly release viewership data, and one commonly heard suspicion is that Prime Video hasn't had any huge, original hits of late. It measures Netflix, Prime Video, Max, and Disney+ in 20 countries across the US, Canada, Europe, Latin America, and Asia. Here are some other other findings from Digital i:Netflix and Prime Video have similar viewer demographics, with Prime skewing slightly older. Licensed content makes up about half of viewing across Netflix, Prime Video, and Disney+, with the rest coming from originals.

Persons: —, hasn't, Max skews Organizations: Service, Amazon, Business, Netflix, Disney Locations: Canada, Europe, Latin America, Asia

What Ukraine Has Lost A drone photograph shows numerous severely damaged buildings with labels highlighting residential buildings, a football field and a high school. This is the first comprehensive picture of where the Ukraine war has been fought and the totality of the destruction. More buildings have been destroyed in Ukraine than if every building in Manhattan were to be leveled four times over. In mid-May, the Russians bombed some towns in northeastern Ukraine so ferociously that one resident said they were erasing streets. “No matter how unpatriotic it may sound, there’s not much future for her in Ukraine,” Ms. Hrushkovska said.

Persons: it’s, Corey Scher, Den, Finbarr, Jamon, Diego Ibarra Sánchez, Marinka, ”, Iryna Hrushkovksa, “, Hrushkovska’s, Hanna Horban, ” Ms, Hrushkovska, ” Marinka, Celestino Arce, Tyler Hicks, Laura Boushnak, Finbarr O’Reilly, Horban, Horban’s, Vova, Svitlana Moskalevska, Olha Herus, “ Fish, Jan, Serhii Nuzhnenko, Gleb Garanich, Leonid Ragozin, Varvara, Herus’s, Tetiana, Ms, Herus, Reni, Izmail, Vavara, Varvara Hrushkovska, Hanna Kovalenko, “ It's, ” Artem Hoch, Danylo Organizations: New York Times, City University of New York Graduate Center, Den Hoek of Oregon State University, The New York Times, Copernicus Sentinel, Maxar Technologies, Google, Russia’s Defense Ministry, Ukraine ., Museum of Local, People’s Museum, Getty, Ukrainian Army, Reuters, SHEVCHENKA, SHCHORSA, New York, Kyiv Kharkiv, Ukrainian, Chernihiv Kyiv Kharkiv UKRAINE Dnipro, Kherson Mariupol, Kyiv Kharkiv UKRAINE Mariupol, Microsoft Bing, Institute for, American, The New York Locations: Ukraine, Russia, Marinka, Kyiv, Mariupol, Rubizhne, Kherson, Kharkiv, Manhattan, Dresden, London, Gaza, Den Hoek of, Geneva, Donetsk, Izium, Den Hoek, Crimea, Russian, Donetsk City, Vilkhivka, Huliaipole, “, Ukrainian, Berlin, Pavlograd, Soviet Union, NurPhoto, Kolos, Marinka — Donetsk, Donetsk People’s Republic, іі, Marinka’s, Irpin, Ukraine’s, Bakhmut, Ukrainians, Zaporizhzhia, Orikhiv, Dnipro, Nova, Oleshky, Donbas, Chernihiv Kyiv Kharkiv UKRAINE, CRIMEA, Kyiv Kharkiv UKRAINE

☆ Kylian Mbappe’s Real Madrid transfer: The full inside story
▼ + stars: | 2024-06-03 | by ( Mario Cortegana | ) www.nytimes.com time to read: +12 min

Real Madrid have been trying to land Kylian Mbappe for years — and now they finally have their man. Several meetings were held on the matter, but some senior figures at Madrid were not convinced it was a good idea. First of all, there were concerns the club’s interests could be damaged again after Mbappe’s rejection two years ago. On February 13, a Tuesday, Real Madrid played away against RB Leipzig in the first leg of a Champions League last-16 tie. In his acceptance speech, he did acknowledge Al-Khelaifi, who in 2021, 2022 and 2023 repeated that his star player would not leave PSG for free.

Persons: Mbappe, Germain, —, Madrid, Florentino Perez, “, ” Mbappe, Nasser Al, Khelaifi, ”, –, Vinicius Junior, Jude Bellingham, Perez, Jose Angel Sanchez, Sanchez, Angel Martinez, Vinicius Jr, waiving, PSG’s, Franck Fife, Carlo Ancelotti, Mbappe’s, Fayza Lamari, Mustafa Yalcin, Luis Enrique, Le Parisien, Hala Organizations: Real, Paris Saint, Santiago Bernabeu, PSG, Toulouse, Trophee des, Ligue, Athletic, Supercopa de Espana, Madrid, France, Getty, Real Madrid, RB Leipzig, Champions League, Borussia Dortmund Locations: Real Madrid, Madrid, Santiago, England, Spanish, Paris, Saudi Arabia, France, AFP, Germany, Barcelona, Anadolu, Mbappe, Monaco, Hala Madrid

2024 Mexico Presidential Election: Live ResultsThe first preliminary results are expected after 10 p.m. Eastern. % Seats Morena and Allies 0 0.0 % Strength and Heart for Mexico 0 0.0 % Citizens’ Movement 0 0.0 % Note: Vote counts and vote share percentages are preliminary. On election night, preliminary results will be provided in real time. Máynez Gálvez Sheinbaum Tie No results Máynez Gálvez Sheinbaum Tie No results Máynez Gálvez Sheinbaum Tie No results No results Sheinbaum Gálvez Tie MáynezAs Mexico heads to the polls, voters are deeply concerned about rising cartel violence, which has emerged as a top election issue. Results by StateThe table below shows preliminary results from the June 2 election in each state grouped by the winner of the last general election.

Persons: Andrés Manuel López Obrador’s Organizations: Party, ’, National Electoral Institute Locations: Mexico, Guanajuato

☆ I always wear my engagement and wedding rings. Men still don't believe I'm married.
▼ + stars: | 2024-06-01 | by ( Julie Charnet | ) www.businessinsider.com time to read: +4 min

Read preview"I'll have a gin and tonic," I'd told the bartender after taking the last seat at the bar. I sat down and texted my husband, Jon, that I'd made it to the jazz club. Advertisement"Oh, no thanks, I'm waiting for my husband," I disclosed — raising my left hand with wedding and engagement rings. Later, when my tongue hit the ice in my glass, I heard him say,"I don't think you're married, or your husband isn't coming." Rick looked up at him.

Persons: —, I'd, Jon, I'm, isn't, he'd, Rick, Sara Vaughn, Nina Simone, texted Organizations: Service, Business Locations: California

☆ Swing-district Republicans in New York decried Trump's conviction. It could cost them politically.
▼ + stars: | 2024-06-01 | by ( John L. Dorman | ) www.businessinsider.com time to read: +5 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewFor GOP lawmakers on Capitol Hill, former President Donald Trump continues to wield immense power over their political futures. AdvertisementFormer President Donald Trump at his criminal hush-money trial in New York. But in a decidedly Democratic state like New York, Biden is likely to gain some ground ahead of the election. AdvertisementAcross the country, suburban voters were already turning away from Trump even before his conviction — as former UN Ambassador Nikki Haley has continued to win significant blocs of GOP voters even after suspending her presidential campaign in March.

Persons: —, Donald Trump, Trump, Stormy Daniels, Marc Molinaro, Anthony D'Esposito, Biden, Steven Hirsch, Mike Lawler, Attorney Alvin Bragg, Letitia James, Kathy Hochul, hyperpartisan, Nick LaLota, Hochul, Robert F, Kennedy Jr, it's, Nikki Haley Organizations: Service, Capitol, Business, Republicans, New York Police Department, Attorney, hyperpartisan New York Democrats, GOP, New York State, Emerson, Trump, Republican, New York House Republicans Locations: New York, New York City, Hudson, Manhattan, D'Esposito's, Democratic, Long, Trump

☆ Iga Świątek begs French Open fans not to shout during points after thrilling victory against Naomi Osaka
▼ + stars: | 2024-05-30 | by ( George Ramsay | ) edition.cnn.com time to read: +4 min

CNN —Iga Świątek criticised the French Open crowd for shouting during points following her tense second-round victory against Naomi Osaka on Wednesday. When you scream something during the rally or right before the return, it’s really, really hard to be focused … This is serious for us, we’re fighting our whole lives to be better and better and sometimes it’s just hard to accept that. “Osaka vs Swiatek is a brilliant watch,” Andy Murray posted on X, adding that the sport should be doing more to promote the match. CNN has contacted the French Open for comment regarding fan behaviour. “It’s hard to have any logical thoughts because it was really intense and on a really high level,” Świątek told reporters.

Persons: Iga Świątek, Naomi Osaka, Świątek, Roland Garros, Philippe Chatrier, –, “, ” Świątek, it’s, Andy Murray, Osaka, Jean, Francois Badias, Justine Henin, Jana Fett, Marie Bouzková Organizations: CNN, Osaka, “, Swiatek, Świątek Locations: Swiatek, Osaka, Madrid, Rome, Czech

☆ The Real Reason Employers Are Refusing to Hire America's Young Men
▼ + stars: | 2024-05-30 | by ( Emily Stewart | ) www.businessinsider.com time to read: +7 min

America's young men aren't working. The effect was driven almost entirely by young men: Unemployment went up by 2.7 percentage points for young men but by only 0.1 percentage points for young women. AdvertisementEmployers might also see young men as riskier to bring on board. Fairly or unfairly, there's a stereotype that young men are more volatile, more immature, and less responsible than their female counterparts. As for why so many young men aren't working, it's a doozy.

Persons: they're, willy, it's, Matt Darling, Darling, —, aren't, There's, Emily Stewart Organizations: Social Security, Niskanen, Unemployment, Lawmakers, Capitol, Business Locations: Washington, Oregon

☆ Google, augmented reality startup Magic Leap strike partnership deal: Reuters
▼ + stars: | 2024-05-30 | by ( ) www.cnbc.com time to read: +2 min

Alphabet 's Google and augmented reality startup Magic Leap are forming a strategic technology partnership and working on building immersive experiences that blend the physical and digital worlds. Magic Leap said in a blog post on Thursday that the two companies have agreed to a partnership. The partnership would combine Florida-based Magic Leap's expertise in optics and device manufacturing with Google's technology platforms, Magic Leap said. Google is an investor in Magic Leap, which is majority owned by Saudi Arabia's Public Investment Fund. Magic Leap and Google both declined to say whether the partnership was expected to yield a consumer AR device.

Persons: We've, Julie Larson, Green, Larson Organizations: Google, Meta, Apple, Reuters, Saudi Arabia's Public Investment Fund, Samsung Electronics, Astra Locations: Florida

☆ The Broken System That Keeps Young American Men From Getting a Job
▼ + stars: | 2024-05-30 | by ( Emily Stewart | ) www.businessinsider.com time to read: +7 min

☆ Oil prices down on demand woes as markets await U.S. crude stockpiles data
▼ + stars: | 2024-05-30 | by ( ) www.cnbc.com time to read: +2 min

Oil prices were down on Thursday as the markets wait on the latest U.S. crude oil stockpiles data while resilient U.S. economic activity pointed to borrowing costs staying higher for longer in a potential blow to demand. This comes against analysts projection of U.S. energy firms pulling 1.9 million barrels of crude out of storage while stocking 0.4 million barrels of distillates and 1 million barrels of gasoline. "Any sign of strong demand in EIA's weekly inventory report should support crude oil prices," ANZ Research said in a note. Oil markets have been under pressure recently over expectation the Federal Reserve will keep interest rates higher for longer. Higher borrowing costs tend to tie down funds and consumption, a negative for crude demand and prices.

Persons: Brent, distillates Organizations: U.S, West Texas, American Petroleum Institute, U.S . Energy, Administration, ANZ Research, of, Petroleum, Reserve Locations: Russia, OPEC, U.S

☆ Japan is determined to keep hunting whales. And now it has a brand new ‘mothership’ to do that
▼ + stars: | 2024-05-30 | by ( Heather Chen | Hanako Montgomery | ) edition.cnn.com time to read: +14 min

Demand for whale meat in JapanOver the years, Kyodo Senpaku has launched aggressive public relation campaigns to promote whale meat and win over new generations of young diners. We would react very badly to that.”The owner of a whale meat shop shows a block of whale meat at the Karato fish market in Shimonoseki city. Yuichi Yamazaki/AFP/Getty ImagesThis picture taken on May 20, 2024 shows whale meat sashimi at a 'Nisshinmaru' whale meat restaurant in Shimonoseki city, Yamaguchi prefecture. Located in deep waters surrounding the entire continent of Antarctica, the Southern Ocean Whale Sanctuary hosts dozens of whale species including humpbacks, blue whales and fin whales. “It’s called the Southern Ocean Whale Sanctuary for a reason – you don’t kill whales there,” Watson said.

Persons: Tokyo CNN —, Hideki Tokoro, ”, ” Tokoro, Hideko Tokoro, Hanako Montgomery, Paul Watson, “, Daisuke Urakami, Ari Friedlaender, Sutton Hibbert, Shutterstock, ” Donald Rothwell, Yoshimasa Hayashi, Francois Gohier, ” WCA, Tokoro, Nobuhiro Kishigami, ” Kishigami, “ It’s, Yuichi Yamazaki, Mitsuhiro Kishimoto, Juan Barreto, Takaaki Sakamoto, Captain Paul Watson, aren’t, James Anderson, ” Rothwell, Watson, CNN he’s, ” Watson Organizations: Tokyo CNN, Kyodo, CNN, Yomiuri Shimbun, “, International Whaling Commission, IWC, International Convention, Whaling, Australian National University, ANU, Cetacean, Kyodo Senpaku, South Korea –, National Museum of Ethnology, Getty, Shimonoseki City University, Whale, Whaling Affairs, Japan’s Fisheries Agency, Captain Paul Watson Foundation, Whale Defense Agency Locations: Hong Kong, Tokyo, Kangei, Japan, Norway, Iceland, Nisshin, Gulf of Maine, North, Russia, Thailand, South, Osaka, Shimonoseki, AFP, Yamaguchi, Gerlache, Antarctica, …

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