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

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

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

Is there an election coming up by any chance?”While some individual schools and colleges have implemented temporary mask requirements, there is no sign that anyone in federal or state leadership is considering widespread COVID-19 restrictions, requirements or mask mandates. “No COVID-19 public health restrictions or mask requirements are being considered by the Murphy administration," said Christi Peace, spokesperson for New Jersey Gov. It was largely the same message from Democratic governors’ offices in several other states that responded to an inquiry about whether any COVID-19 mandates were under consideration. “Currently, COVID-19 lockdowns and mask mandates are not being discussed and the governor has no plans to institute these measures,” she said. Reinstated mask requirements across the country have so far been limited to a handful of local schools and businesses.

Persons: It's, Ron DeSantis, ”, Carolina Sen, Tim Scott, Donald Trump, Biden, ” Trump, Murphy, Phil Murphy, Jodi McGinnis Porter, Josh Shapiro, Kathy Hochul, Elisabeth Shephard, Tina Kotek, “, Alex Jones, Lauren Boebert, Marjorie Taylor Greene, Joe Biden’s, ” Biden, they’ve, Sen, J.D, Vance of, Democratic Sen, Ed Markey, Greene, Lisa Fazio, Tate Reeves, Nicky Forster, Joey Cappelletti, Mike Catalini, Jill Colvin, John Hanna, Maysoon Khan, Seung Min Kim, Steve LeBlanc, Morgan Lee, Marc Levy, Lisa Mascaro, Andrew Selsky Organizations: Florida Gov, Republicans, New Jersey Gov, New, New Mexico Department of Public Health, Oregon . Pennsylvania, Democrat, Democratic, New York Gov, TSA, Transportation Security, U.S . Centers for Disease Control, Prevention, Republican, Morris Brown College, CDC, White House, Massachusetts, Vanderbilt University, Press, Associated Press, AP Locations: ”, Carolina, Rapid City , South Dakota, New Mexico, Kansas , Massachusetts, Michigan, Oregon, California, New York, COVID, Colorado, Atlanta, Georgia, South Lake, Maryland, Vance of Ohio, Mississippi

Jenny StrasburgJenny Strasburg is a reporter in London, where she writes for The Wall Street Journal about oil and gas, climate, the transition to lower-carbon energy and the people, money and politics setting the global energy agenda, in conflict with it, or left behind because of it. Jenny previously covered global investment banks in the U.S. and Europe, as well as hedge funds, trading and markets, with a focus on in-depth investigations, before pivoting to Covid-19 vaccines and geopolitical responses to the pandemic. Jenny has shared collaborative-reporting honors including the George Polk Award, Gerald Loeb Award, New York Press Club Award, National Headliner Award and Sabew Best in Business Award. She completed the Knight-Bagehot Fellowship in economics and business journalism at Columbia University before writing about private investment funds at Bloomberg News. She joined the Journal in 2008 in New York, before moving to the U.K. in 2013.

Persons: Jenny Strasburg Jenny Strasburg, Jenny, George Polk, Gerald Loeb Organizations: Wall Street, New York Press, Columbia University, Bloomberg News Locations: London, U.S, Europe, New Mexico, West Texas, Corpus Christi, San Francisco and New York, New York

☆ Trump vs. Biden: The Nightmare Can Only Get Worse
▼ + stars: | 2023-09-12 | by ( Gerard Baker | ) www.wsj.com time to read: +1 min

Gerry Baker is Editor at Large of The Wall Street Journal. His weekly column for the editorial page, “Free Expression,” appears in The Wall Street Journal each Tuesday. Mr. Baker previously served as Editor in Chief of The Wall Street Journal and Dow Jones from 2013-2018. Prior to that, Mr. Baker was Deputy Editor in Chief of The Wall Street Journal from 2009-2013. He was educated at Corpus Christi College, Oxford University, where he graduated in 1983 with a 1st Class Honors Degree in Philosophy, Politics and Economics.

Persons: Gerry Baker, ”, Baker, Dow Jones Organizations: Street, Fox Business Network, Street Journal, Dow, Financial Times, The, BBC, Corpus Christi College, Oxford University Locations: London

☆ The U.S. Is the Most Troubled Nation, Except for All the Others
▼ + stars: | 2023-09-05 | by ( Gerard Baker | ) www.wsj.com time to read: +1 min

☆ Expect the Absent Trump to Dominate Wednesday’s GOP Debate
▼ + stars: | 2023-08-22 | by ( Gerard Baker | ) www.wsj.com time to read: +1 min

☆ Tropical storm warning for Texas with storm expected Tuesday morning
▼ + stars: | 2023-08-21 | by ( Jennifer Gray | ) edition.cnn.com time to read: +5 min

The storm’s center is expected to move inland over south Texas by midday Tuesday, hurricane center said. A tropical storm warning is in effect for portions of South Texas south of Port O’Connor and a tropical storm watch has been issued from Port O’Connor northward to Sargent. If it becomes a tropical storm, it could be named Harold, depending on whether another area in the Atlantic Ocean closer to Africa develops into a tropical storm first. Atlantic hurricane season exploding to lifeThis storm is the latest sign of the Atlantic hurricane season exploding into action. Tropical storm warnings are in effect for the southern side of Hispaniola, while tropical storm watches cover the northern side.

Persons: Harold, Michael Lowry, Lowry, Storm Franklin, ”, Gert, Emily, Phil Klotzbach Organizations: CNN, National Hurricane Center, Corpus Christi, Atlantic, of Atmospheric Science, Colorado State University Locations: South Texas, Gulf of Mexico, Texas, Mexico, Port O’Connor, Port, Sargent, Africa, Port Mansfield , Texas, Gulf, Corpus Christi, Nuevo Leon, Coahuila, Central Texas, Hispaniola, Santo Domingo, Dominican Republic, Caicos, Caribbean

☆ The top 20 areas real-estate investors are piling into for high population growth, increasing rental demand, or price appreciation, according to a property-data firm
▼ + stars: | 2023-08-20 | by ( Laila Maidan | ) www.businessinsider.com time to read: +5 min

When it comes to single-family homes, it's predominantly investors, according to recent data from CoreLogic, a property-data firm that tracks real-estate transactions. But whether they are small or large investors, they are targeting specific areas, according to the data. "All the others make sense as these have been hot real estate investment areas that have been hot for a very long time in terms of investment. Small investors are active all around the country and make up most of the investors, he said. The below table is based on CoreLogic public records data for single-family transactions.

Persons: Thomas Malone, Goldman Sachs, who's, Malone, upticks, There's Organizations: CoreLogic, Investor, Mega, McAllen, El, San Bernardino -, Thousand Oaks, Beaumont, UT, KS Locations: CoreLogic, California, Jose, Sunnyvale, Santa Clara, CA, Angeles, Long, Anaheim, Edinburg, Mission, Brownsville, Harlingen , TX, Atlanta, Sandy Springs, Roswell, Francisco, Oakland, Hayward , CA, El Paso , TX, Diego, Carlsbad, Fresno, Modesto, Riverside, San Bernardino, San Bernardino - Ontario, Oxnard, Ventura, Santa Rosa, Stockton, Lodi , CA, Albuquerque, NM, Port Arthur, TX, Memphis, TN, Salt Lake City, Christi , TX, Wichita

☆ The 10 U.S. cities where a $100,000 salary goes the furthest
▼ + stars: | 2023-08-18 | by ( Isabel Engel | In Isabel--Engel | ) www.cnbc.com time to read: +2 min

But now, $100,000 salary only goes so far — and its worth varies from city to city. Across major U.S. cities, $100,000 can be worth as much as $86,444 and as little as $35,791, a recent SmartAsset study finds. The study compares the value of $100,000 across 76 major U.S. cities, accounting for cities' income taxes and cost of living. Cities in the South, from Tennessee to Texas, dominated the top 10 cities where $100,000 goes the furthest. In SF, a $100,000 salary is worth only $36,445; in the Big Apple, it's worth just $35,791.

Persons: Warren Buffett Organizations: Big Apple, El, Oklahoma City, Fort, Council for Community, Economic Locations: U.S, Cities, Tennessee, Texas, Memphis , Tennessee, San Francisco and New York, El Paso , Texas, Oklahoma City , Oklahoma, Christi , Texas, Lubbock , Texas, Houston , Texas, Antonio , Texas, Fort Worth , Texas, Arlington , Texas, Louis , Missouri

☆ This 2.5-acre Texas homestead with eclectic charm has the ultimate summer accessory: a pool in a barn. See inside the $1.67 million home.
▼ + stars: | 2023-08-17 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +1 min

A unique home located in Rockport, Texas, hit the market in July for $1.67 million. The home, which now has a signed contract, features ceilings made of reclaimed barn wood. It also comes with a 40-foot screened barn that houses an eight-foot-deep pool. Get the inside scoop on today’s biggest stories in business, from Wall Street to Silicon Valley — delivered daily. The standout feature of the residence is its 40-foot-tall screened pool barn, a unique structure that adds a modern flair to the home.

Persons: Douglas, Emily Waldmann Organizations: Service, Corpus Christi Locations: Rockport , Texas, Wall, Silicon, Texas, Rockport, Corpus, of Mexico

☆ The iconic flying boat that helped hunt down Axis warships during World War II is getting a new lease on life
▼ + stars: | 2023-08-16 | by ( Michael Peck | ) www.businessinsider.com time to read: +8 min

The PBY Catalina flying boat was one of the most iconic Allied aircraft of World War II. The PBY Catalina flying boat was one of the most iconic Allied aircraft of World War II. The Next Generation Amphibious Aircraft Catalina II "is a modern amphibian with advanced engines and avionics and will offer capabilities no other amphibian can provide today." Catalina Aircraft announcement listed almost 60 civilian and government missions the Catalina II will be able to perform. After serving in several Allied militaries during World War II, many Catalinas remained in operation with militaries and civilian users around the world.

Persons: Lawrence Reece, John Redfield Catalina, Martin P5M, Marlin, Catalinas, Li Ziheng, Michael Peck Organizations: PBY Catalina, Allied, PBY Catalinas, Service, Aircraft, Catalina Aircraft, PBY, Getty, Catalina, US Navy PBY, Naval, Christi, of, Civilian, Missions, US Coast Guard, French, US Coast Guard Reserve, Consolidated Aircraft PBY Catalina, US Navy, Royal Navy, US Air Force Special, Command, DARPA, Liberty, Defense Force, Defense, Foreign Policy, Twitter, LinkedIn Locations: Wall, Silicon, Florida, Catalina, Alaska, Bettmann, Canada, Soviet Union, San Diego Bay, Midway, Qingdao, China, Xinhua, Guam, Forbes

☆ Tipping 'nudges' are now popping up on DoorDash. If you don't leave a gratuity, you'll hear about it.
▼ + stars: | 2023-08-13 | by ( Nancy Luna | Alex Bitter | ) www.businessinsider.com time to read: +5 min

Some delivery workers have tried to increase their gratuity by asking DoorDash customers for higher tips mid-delivery. As a result, the average food delivery tip has increased by 20% from 2020 to 2022, Uber Eats told Insider. With tips and base pay, DoorDash said on average, Dashers make $25 per hour on active deliveries. Many gig delivery workers make below minimum wage and say their earnings have fallen since the height of the pandemicA 2020 study found many gig delivery workers are struggling to make minimum wage. The survey of gig workers from the Economic Policy Institute found that about 14% of gig workers made less than the federal minimum wage, and 29% earned less than their state's minimum wage.

Persons: DoorDash, Austin Haugen, Shroff, Heather Taylor, Dashers, DoorDash's, Instacart, Uber, Carsten Koall, Sergio Avedian, Guy Organizations: Service, Starbucks, Consumers, Base, Economic Policy Institute Locations: Wall, Silicon, Corpus Christi , Texas, Los Angeles

☆ Occidental and Climeworks big winners as Biden allocates billions for CO2 removal
▼ + stars: | 2023-08-11 | by ( Diana Olick | In Dianaolick | ) www.cnbc.com time to read: +3 min

The money from the Bipartisan Infrastructure Law will now help fund two DAC hub projects, one in Texas and one in Louisiana. They will eventually remove more carbon per year than all of the current projects combined. Climeworks, based in Zurich, Switzerland, currently has the world's largest DAC plant in Iceland, which removes about 4,000 tons of CO2 per year. The DAC Hubs program is a vital investment for DAC to reach climate impact at scale," said Andrew Fishbein, senior climate policy manager for Climeworks. Heirloom is a California-based startup that is using limestone to remove carbon from the air.

Persons: Jennifer Granholm, Vicki Hollub, Andrew Fishbein Organizations: U.S . Department of Energy, Law, of Energy, Occidental Petroleum, Biden, Department, DAC, Breakthrough Energy, Microsoft Locations: Texas, Louisiana, U.S, Corpus Christi, United States, The Louisiana, Zurich, Switzerland, Iceland, California, Paris

☆ Trump Turned the GOP Into the Party of Wishful Thinking
▼ + stars: | 2023-08-08 | by ( Gerard Baker | ) www.wsj.com time to read: +1 min

Adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) for the second quarter of 2023 were $2.17 billion, versus $2.36 billion a year before. That was partially offset by higher revenues from increased volumes on its natural gas liquids, natural gas and crude oil businesses, it said. Enterprise sees natural gas liquids pricing and ethane pricing as constructive in the second half of 2023. During the quarter, the company saw operational records for natural gas pipeline volumes and natural gas liquids fractionation volumes. It brought online new projects including the 400 million cubic feet per day expansion of its Haynesville Extension of the Acadian natural gas pipeline system, and its Poseidon cryogenic natural gas processing plant in the Midland Basin.

Persons: Gary McWilliams, Stephanie Kelly, Jan Harvey, Andrea Ricci Organizations: Enterprise Products Partners, REUTERS, Reuters Connect Companies Enterprise Products, Enterprise, Oil, Thomson Locations: Houston , Texas, U.S, Corpus Christi , Texas, Midland, Chambers County , Texas, Delaware, Texas

On Tuesday, Phoenix was poised to break its own record for consecutive days of high temperatures of at least 110 degrees. “We see people passing out from full-blown heat stroke with a core body temperature of 104 degrees,” he said. The persistent heat in the Southwest is the result of a high-pressure system that has been parked over the region for weeks. Credit... Go Nakamura/ReutersIn Texas, the heat this year has prompted cotton plants, especially in the southern parts of the state, to bloom early. The spot where he stood was already under a heat advisory, with heat indexes forecast to reach around 110 degrees on Tuesday.

Persons: Phoenix, ”, Mazey Christensen, Matt Salerno, “ We’re, Alex Guerrero, Adriana Zehbrauskas, Ramsay de, Charles Outen, Zach Stone, Rocky Martinez, Rebecca Noble, Dee Lee, Brandon Bell, Jerald Moser, Moser, Michael Crimmins, Go Nakamura, “, Josh McGinty, Mr, McGinty, Ralph Horton, Horton, Maggie Miles, Jack Healy, Sheryl Kornman Organizations: Sweet Republic, Phoenix . Business, National Weather Service, Phoenix Fire Department, The New York Times, Weather Service, Demuth Community Center, Salvation Army Tucson Hospitality House, Tucson Medical, University of Arizona, Houston ., Reuters, Texas Locations: Phoenix, Phoenix ., Santa Fe, New Mexico, Arizona, Northern, Michigan, New York, Vermont, Palm Springs, Calif, Southern California, Tucson, Ariz ., Ariz, Maricopa County, Ironwood, Marana, Houston, Reuters In Texas, Corpus Christi, Southern, Jackson, Miss, Montgomery, Ala, Tallahassee, Fla, Vicksburg, Texas, Mississippi

On Tuesday, Phoenix was poised to break its own record for consecutive days of high temperatures of at least 110 degrees. The temperatures are “very extreme,” said Matt Salerno, a meteorologist with the National Weather Service in Phoenix. “We see people passing out from full-blown heat stroke with a core body temperature of 104 degrees,” he said. Credit... Go Nakamura/ReutersIn Texas, the heat this year has prompted cotton plants, especially in the southern parts of the state, to bloom early. The spot where he stood was already under a heat advisory, with heat indexes forecast to reach around 110 degrees on Tuesday.

☆ How to Think About ‘Bidenomics’
▼ + stars: | 2023-07-17 | by ( Gerard Baker | ) www.wsj.com time to read: +1 min

☆ The world's most-powerful AI model suddenly got 'lazier' and 'dumber.' A radical redesign of OpenAI's GPT-4 could be behind the decline in performance.
▼ + stars: | 2023-07-12 | by ( Alistair Barr | ) www.businessinsider.com time to read: +7 min

Lately, the giant AI model has become faster, but performance has declined. The world's most-powerful AI model has become, well, less powerful. It's considered the most-powerful AI model available broadly and is multimodal, which means it can understand images as well as text inputs. They think OpenAI is creating several smaller GPT-4 models that act similarly to the large model but are less expensive to run. This week, several AI experts posted what they claimed were details of GPT-4's architecture on Twitter.

Persons: OpenAI's, Peter Yang, I've, Frazier MacLeod, Christi Kennedy, OpenAI, ChatGPT, It's, Sharon Zhou, Theseus, Zhou, Yam, Semianalysis, George Hotz, Soumith Chintala, Oren Etzioni, Greg Brockman, " Brockman, Lilian Weng Organizations: Morning, Twitter, Roblox, Microsoft, Meta, Allen Institute, AI Locations: GPT

☆ Don’t Blame Liberalism for Illiberal Progressives
▼ + stars: | 2023-07-11 | by ( Gerard Baker | ) www.wsj.com time to read: +1 min

HOUSTON, July 10 (Reuters) - A coming wave of North American liquefied natural gas (LNG) export projects faces staffing challenges that are prompting some of the biggest developers to expand training and coordinate projects to keep construction workers. WORKERS NEEDEDAt present Bechtel has more than 3,000 professionals working on its LNG projects. Two other projects - Golden Pass LNG and Plaquemines LNG - have added workers and are moving to 24-hour work schedules. Cheniere and Bechtel are training workers using virtual simulations or via partnerships with local schools. Venture Global LNG stitched together 18 liquefaction units in its highly modular Calcasieu Pass LNG plant, allowing it to open the facility in what it said was record time.

Persons: Paul Marsden, Marsden, Alex Munton, Bechtel, Corey Grindal, Grindal, Cheniere, Jason Klein, Klein, Paul Varello, Curtis Williams, Nia Williams, Matthew Lewis Organizations: Bechtel Corp's Energy, Labor, Rapidan Energy, Bechtel, Cheniere Energy, Corpus, Plaquemines, Canada, Reuters, Commonwealth LNG, Venture, Columbia, Thomson Locations: U.S, Port Arthur, Christi, Kitimat, British Columbia, China, Calcasieu, Houston

☆ The Supreme Court Declares Independence
▼ + stars: | 2023-07-04 | by ( Gerard Baker | ) www.wsj.com time to read: +1 min

☆ America's largest office tenant is embracing remote work, creating more pain for a market already in distress
▼ + stars: | 2023-07-03 | by ( Daniel Geiger | ) www.businessinsider.com time to read: +7 min

The federal government is embracing remote work and cutting back its office footprint nationally. President Joe Biden and Donald Trump might not appear to agree on much, but when it comes to cutting back on office space, they're aligned. Now federal tenants are in for a new phase of belt-tightening as more accept remote and hybrid work, real estate experts say. "The majority of federal offices are still largely vacant on most days," said Darian LeBlanc, the director of government services at Cushman & Wakefield. So far, only the Department of Veterans Affairs has publicly said how it plans to use remote and hybrid work.

Persons: Joe Biden, Donald Trump, Barack Obama, Biden —, Darian LeBlanc, LeBlanc, Rachel Davis, Davis, — Davis, Bob Hunt, Martin Selig, Jesse Lawder, Selig, Shalanda Young, Denis McDonough, Cushman, JBG Smith, Christi, who's Organizations: —, Trump, Cushman &, Washington DC, General Services Administration, Department of Labor, Management, FBI, Securities and Exchange Commission, Environmental Protection Agency, Minerals Management Service, Department of Veterans Affairs, National Transportation Safety, L'Enfant Plaza, state's Department of General Services, National Association of State Locations: Cushman & Wakefield, United States, JLL, Seattle, Washington, L'Enfant, . Tennessee, Nashville, Knoxville, Memphis, Chattanooga, Branscom, California , Illinois, North Carolina, Florida

[1/4] Liquified petroleum gas vessel Zita Schulte is seen docked at the port of Corpus Christi, Texas, U.S., May 15, 2023. A hydrogen hub would require access to millions of gallons of water – a challenge in Corpus Christi which is experiencing a multi-year drought. Peter Zanoni, the city manager for Corpus Christi, said the hydrogen project, if approved, all but requires the adoption of seawater desalination. And seawater desalination plants are energy intensive and expensive to build and maintain, energy experts say. Corpus Christi first proposed seawater desalination in 2017 to supply its rapidly growing energy and petrochemicals industries.

Persons: Zita Schulte, Joe Biden's, Read, Jennifer Granholm, Biden, Minh Khoi, Radhika Fox, Peter Zanoni, Zanoni, Paul Montagna, Christi, Errol Summerlin, Brandon Marks, Marks, Charles Zahn, Valerie Volcovici, Richard Valdmanis, Suzanne Goldenberg Organizations: Investment, Jobs, Biden, Coastal Alliance, Corpus, U.S . Energy, Reuters, Rystad Energy, Department of Energy, DOE, Environmental, Corpus Christi, ExxonMobil, Saudi Arabia's Basic Industries Corporation, M University, Harte Research, Gulf of, Gulf of Mexico Studies, EPA, Texas Commission, Texas Campaign, Thomson Locations: Corpus Christi , Texas, U.S, Gulf, Christi , Texas, Corpus Christi, Southern California , Colorado , Kansas, New Mexico, Texas, Corpus, United States, Gulf of Mexico, San Diego , California, Hillcrest, San Antonio

☆ Cecily the cat has a lifelong disability. It hasn't stopped her from spreading positivity through her fashionable outfits
▼ + stars: | 2023-07-02 | by ( Ashley R. Williams | ) edition.cnn.com time to read: +3 min

CNN —To her tens of thousands of adoring online fans, fashionable two-legged feline Cecily is the cat’s pajamas. “But I’m not sad!” concludes the cat’s social media page description. The colorful dresses and outfits began as a way to cover the diapers Cecily wears daily, Hatfield said. The CatteryThe Cattery, which currently houses over 180 cats, began getting more active on social media during the pandemic. The cat’s social media presence and quirky outfits seem to touch people in unexpected ways, the social media manager noted.

Persons: Cecily, she’s, Katie Hatfield, ” Hatfield, who’s, hasn’t, I’m, “, Hatfield, ”, ” Cecily, “ We’re Organizations: CNN Locations: Corpus Christi , Texas, Hatfield, “

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