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☆ Bitcoin ETFs bring in a new investor who bucks the 'HODL' culture and rebalances as bitcoin soars
▼ + stars: | 2024-06-08 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +1 min

Crypto's culture encourages investors to "HODL," or hold on for dear life, in the rollercoaster ride of bitcoin 's extreme fluctuations. But this long-prized practice may diminish as adoption of ETFs grows, particularly if traditional investors who are accustomed to rebalancing their portfolios regularly add in bitcoin exposure. "From a risk management point of view, rebalancing is a good thing. But rebalancing also means that they're going to be sellers along this journey." At the moment, long-term holders are selling, as is normal during bull markets, after accumulating bitcoin during the bear market.

Persons: Donald Marron, rebalancing, Julio Moreno Organizations: Urban Institute Locations: Austin , Texas

☆ Here’s what Gaza’s humanitarian aid crisis looks like after eight months of war
▼ + stars: | 2024-06-07 | by ( Rachel Wilson | Sana Noor Haq | ) edition.cnn.com time to read: +8 min

Here is a breakdown of how the aid crisis has deepened in the territory after 245 days of war. Crossing closures nearly halt all aidIsrael’s restrictions on land routes into Gaza meant aid was barely trickling into the strip. Aid workers say they can barely meet humanitarian demands on the ground. Israeli attacks on aid convoys have sparked fierce condemnation from rights groups, drawing attention to growing Western skepticism of Israel’s war in Gaza. The attacks “reveal fundamental flaws with the so-called deconfliction system, meant to protect aid workers,” according to the report.

Persons: ”, “, ” Raed Redwan, Louise Wateridge, it’s, Trucks, COGAT, Ahmad Salem, Wateridge, “ It’s, Mahmoud Shalabi, ” Mahmoud Shalabi, Shalabi, “ I’m Organizations: CNN, Gaza’s Ministry of Health, UN, US, Pentagon, UNRWA, United Nations, Bloomberg, Getty, Humanitarian Affairs, NGO, Aid, humanitarians, Relief, Human Rights Watch, HRW Locations: Deir al, Gaza, Palestinian, Israel, Rafah, Egypt, Kerem, Wadi Gaza, “

India's stock market has been topsy-turvy in the past week. WealthMills Securities' equity market strategist Kranthi Bathini says "India's stock markets need stable policy continuity going forward." "The Union Budget has consistently increased allocations for infrastructure development. Strong digital economy and startup ecosystem Another longer-term theme on Sengupta's radar is the digital economy and startup ecosystem. Riding the consumer wave Aside from sectors poised for growth, WealthMills Securities' Bathini suggests looking out for names set to benefit from the strong consumer.

Persons: turvy, Narendra Modi's, Modi, Dhruba Jyoti Sengupta, Kranthi Bathini, Sengupta —, Sengupta, Bathini Organizations: Narendra Modi's Bharatiya Janata Party, BJP, Lok Sabha, Wrise, CNBC Pro, BSE, Bombay Stock Exchange, WealthMills Securities, Budget, Hindustan, Indian Railway Catering, Tourism Corporation, Indian, Construction, Titagarh, Systems, India, Canara Bank, Bajaj Finance, Securities, Hindustan Aeronautics, Tata Motors, Reliance Industries Locations: Lok, Asia, East, Europe, India, uptrend

☆ India’s economic boom won’t be derailed by its election shock
▼ + stars: | 2024-06-05 | by ( Diksha Madhok | ) edition.cnn.com time to read: +5 min

New Delhi CNN —Narendra Modi has declared victory in India’s election but he’ll need the support of smaller parties to govern, a shock result that could make it harder for him to pass major economic reforms. Experts have highlighted land reform as an example of policies that might now be tougher for Modi to implement. India will need to address those issues if it is to capitalize on the massive rethink underway among companies on supply chains. Despite the surprise electoral setback for Modi’s right-wing, Hindu-nationalist Bharatiya Janata Party (BJP), experts say the world’s fastest growing major economy will continue to live up to its billing. The party’s underperformance led to a plunge on India’s stock market, which had its worst day in four years Tuesday.

Persons: New Delhi CNN — Narendra Modi, ”, Peeyush Mittal, Modi, ” Shilan Shah, underperformance, Aditya Suresh, Shah, Malcolm Dorson, It’s Organizations: New, New Delhi CNN, Matthews Asia, Apple, Foxconn, Bharatiya Janata Party, BJP, Capital Economics, Investors, Macquarie Capital, Unified Locations: New Delhi, United Kingdom, India, China, San Francisco, Beijing, Washington, United States, Western

☆ It's nearly impossible to hike The Wave. Instead, I found a spot near Las Vegas that looks similar and costs $10 to explore.
▼ + stars: | 2024-06-05 | by ( Bernadette Rankin | ) www.businessinsider.com time to read: +4 min

Read previewFor the past 10 years, I've obsessed over getting my hands on a permit to hike The Wave. Getting to Valley of Fire State Park was simpleValley of Fire State Park is situated an hour northeast of Las Vegas. Bernadette RankinValley of Fire State Park is situated an hour northeast of Las Vegas, with easily accessible, fully paved roads throughout the entire route. In the end, we came across more bighorn sheep than we did visitors to this underrated gem in Nevada's park system, and I would gladly go back again and again. Valley of Fire State Park was a great, next-best alternative to The Wave.

Persons: —, I've, haven't, Bernadette Rankin, Seuss Organizations: Service, Business, Fire Locations: Utah, Arizona, Nevada's Valley, Fire, of Fire, Las Vegas, Bernadette Rankin Valley, Nevada

☆ Stocks making the biggest moves premarket: Hewlett Packard Enterprise, Instacart, CrowdStrike and more
▼ + stars: | 2024-06-05 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +3 min

Hewlett Packard Enterprise — The technology stock climbed 15% after Hewlett Packard reported stronger-than-expected results for its fiscal second quarter. Dollar Tree — The discount retailer slipped 2% after reporting first-quarter results that were in line with analysts' expectations, according to LSEG. PVH — Shares slipped more than 1% after the luxury clothing brand owner announced that Martijn Hagman, CEO of Tommy Hilfiger Global and PVH Europe, would be leaving the company. PVH also reported a first-quarter earnings and revenue beat and raised its full-year earnings guidance. Instacart — Shares of the e-commerce company rose nearly 2% after an upgrade to buy from hold at research firm Gordon Haskett.

Persons: CrowdStrike, LSEG, Hewlett Packard, Rick Dreiling, PVH, Martijn Hagman, Tommy Hilfiger, Nio, Roaring Kitty, Tom O'Malley, Gordon Haskett, Hanesbrands, —, Jesse Pound Organizations: Hewlett Packard Enterprise, PVH, Reuters, AMC Entertainment, GameStop, Materials, KLA, Barclays, Taiwan Semiconductor Manufacturing, Authentic Brands Locations: PVH Europe, China

☆ What is D-Day? How the Normandy landings led to Germany’s defeat in World War II
▼ + stars: | 2024-06-04 | by ( Catherine Nicholls | ) edition.cnn.com time to read: +8 min

CNN —June 6, 2024 marks 80 years since D-Day, the first day of the Normandy landings that laid the foundations for the Allied defeat of Nazi Germany in World War II. The Allied troops’ invasion was coordinated across air, land and sea, in what can be described as amphibious landings. On D-Day alone, around 4,440 Allied troops were confirmed dead, according to the Commonwealth War Graves Commission (CWGC), with more than 5,800 troops wounded or missing. Because Omaha Beach was the bloodiest landing beach, the US Army lost the most men in the amphibious landings. Within minutes of reaching Omaha Beach, 16 of these men were killed and four were wounded.

Persons: –, France –, ’, Adolf Hitler, “, ”, Bedford’s, Bedford, Hitler Organizations: CNN, Royal British Legion, Canadian, Cotentin Peninsular, Omaha Beach, Juno, Allied, Pas de, Allies, Commission, Omaha, US Army, Bedford, Foundation, US Department of Defense, Western Allies, US, German Nazi, Third Reich, Victory Locations: Normandy, Nazi Germany, United States, United Kingdom, Canada, France, Utah, Omaha, Australia, Belgium, Czech Republic, Greece, Netherlands, New Zealand, Norway, Rhodesia, Zimbabwe, Poland, Europe, Fortitude, Pas de Calais, Cotentin, British, Gold, Pas, Germany, Bedford , Virginia, Omaha Beach, Paris, Nazi, German, Reims

☆ Delivering food on an e-bike or moped is a deadly endeavor in New York City
▼ + stars: | 2024-06-04 | by ( Eliza Relman | Madison Hoff | ) www.businessinsider.com time to read: +9 min

New York City delivery workers who don't use cars have one of the deadliest jobs in the city. There are now more than 65,000 app-based restaurant delivery workers in the city, and about 80% of them use e-bikes and motorbikes. The city report found that 28.7% of e-bike or moped delivery workers experienced injuries that forced them to miss work, lose consciousness, or seek medical care. They're asking for wider protected bike lanes, or even separate lanes for e-bikes and mopeds, and charging facilities for e-bikes. Indeed, "New Yorkers are dependent on app delivery workers to keep them safe and fed during times of crisis," she added.

Persons: —, takeout, Eric Adams, it's, Jose Alvarado, Andrew Lichtenstein, Brad Lander, Uber, DoorDash —, Ligia Guallpa, Guallpa, DoorDash, Guallpa's, Lander Organizations: Service, Business, Department of Consumer and Worker Protection, US Bureau of Labor Statistics, Bureau of Labor Statistics, Bloomberg, Yorkers, New York Times, Department of Transportation, Getty, City, York, Workers Justice Locations: New York City, York, New York, South Bronx, York City, City, Manhattan, Williamsburg , Brooklyn

☆ Toyota apologizes for cheating on vehicle testing and halts production of three models
▼ + stars: | 2024-06-04 | by ( ) www.cnbc.com time to read: +1 min

A sign is displayed outside a Toyota Motor Corp. dealership on Jan. 30, 2024 in Tokyo, Japan. Toyota Chairman Akio Toyoda apologized Monday for massive cheating on certification tests for seven vehicle models as the automaker suspended production of three of them. Toyota Chairman Akio Toyoda apologized Monday for massive cheating on certification tests for seven vehicle models as the automaker suspended production of three of them. The wide-ranging fraudulent testing at Japan's top automaker involved the use of inadequate or outdated data in collision tests, and incorrect testing of airbag inflation and rear-seat damage in crashes. Toyota Motor Corp ., based in Toyota city, central Japan, suspended production in the country of the Corolla Fielder, Corolla Axio and Yaris Cross.

Persons: Akio Toyoda, Toyoda Organizations: Toyota Motor Corp, Toyota, Corolla Fielder, Corolla, Lexus Locations: Tokyo, Japan, Toyota

☆ This Summer in Paris: More ‘Open’ Signs, Thanks to the Olympics
▼ + stars: | 2024-06-04 | by ( Lindsey Tramuta | ) www.nytimes.com time to read: +1 min

This summer, with Paris expected to draw nearly 15 million visitors between July 26 and Sept. 8 for the Olympic and Paralympic Games, that ritual is anything but certain. Many shopkeepers, bakers, restaurateurs and tour guides — citing patriotism as well as profit — say they’re planning to stay open. The 2012 London Olympics have cast a long shadow in Paris. Small-business owners in Paris are hoping history does not repeat itself. Most of the events in London were held in one section of the city, he said, while in Paris, they’re taking place all over.

Persons: who’s, Pierre Rabadan, they’re, “, ” Organizations: Paris, Olympic, Paralympic Games Locations: Paris, London

☆ 'Everyone is too scared to come': Taiwan's earthquake deals a blow to top tourism hotspot
▼ + stars: | 2024-06-04 | by ( Jan Camenzind Broomby | ) www.cnbc.com time to read: +6 min

As a bed and breakfast owner in Taiwan's Hualien County, Chen Rei-jia was used to the minor tremors that sometimes disturbed her work. Source: Jan Camenzind BroombyNow, survivors like Chen are facing a new challenge. "It might take five to 10 years for full recovery," Chang Chih-hsiang, director general of Hualien's tourism department, told CNBC Travel. Chang Chih-hsiang, head of Hualien's tourism office, estimates the area's tourism industry could take five to 10 years to fully recover. Source: Jan Camenzind Broomby

Persons: Chen Rei, jia, Chen, I've, Camenzind Broomby, Lai, Camenzind, Liang, Howard Yeh, Chang Chih, Stephanie Zhang, Chang, Cheng Wen, zhong, Lin Ya Organizations: Tourists, Hualien Hotel Association, CNBC Locations: Hualien County, Taiwan, Hualien, Taroko, Taipei

☆ Politics playing a role in electric vehicle adoption: Michigan Gov. Gretchen Whitmer
▼ + stars: | 2024-06-04 | by ( Ian Thomas | ) www.cnbc.com time to read: +5 min

The future of the electric vehicle is a critical issue for the U.S. auto industry and its home base of Detroit, Michigan. "We've seen politics bleed into this space," Whitmer said at the CNBC CEO Council Summit in Washington, D.C., on Tuesday. "I don't think [listening] changes your values, but you always have to be able to learn and to understand what's going on," Whitmer said. "We're going to meet our energy goals and our climate goals and nuclear is an important part of the equation. Do the next right thing, on behalf of your employees, on behalf of your employees, on behalf of your community."

Persons: It's, Gretchen Whitmer, Biden, Donald Trump's, Whitmer, EVs, we've, We've, Carl Quintanilla, I'm, it's Organizations: U.S, Michigan Gov, CNBC, Summit, Washington , D.C, EV, Republican, Democratic Locations: Detroit , Michigan, Washington ,, Michigan

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

☆ Tiananmen Square: How journalists smuggled out the iconic ‘Tank Man’ photo
▼ + stars: | 2024-06-03 | by ( Jessie Yeung | Mike Chinoy | ) edition.cnn.com time to read: +9 min

The photo and footage of the so-called “tank man” became the defining image of the Tiananmen Square crackdown whose 35th anniversary passed on Tuesday. People hold candles at a vigil in Hong Kong to mark the Tiananmen Square anniversary on June 4, 2017. Jeff Widener/AP“I’m biking towards the Beijing Hotel and there’s just debris and charred buses on the ground,” he said. It went out.”A student protester before a burning armored personnel carrier that rammed through student lines, injuring many during an attack on pro-democracy demonstrators in Tiananmen Square, Beijing, on June 4, 1989. Several media outlets took a photo of “Tank Man,” but Widener’s shot was the most used.

Persons: Mike Chinoy, ”, Isaac Lawrence, Jeff Widener, Chinoy, Liu Heung, Widener, ‘, Kirk Martsen –, Jonathan Schaer, He’d, “, ” Schaer, “ I’m, ” Jeff Widener's, I’m, ” Liu, Liu, didn’t, ” Widener Organizations: University of Southern, China Institute, CNN, American Journalists, Chinese Communist Party, Getty, Associated Press, AP, of, People, Beijing, Widener, Sony Locations: University of Southern California’s US, Beijing, Asia, China, People’s Republic, Hong Kong, British, AFP, CNN’s Beijing, –, Bangkok, CNN’s, Tiananmen Square, Beijing –

☆ Nigeria plunged into darkness as union workers shut down national grid in minimum wage protest
▼ + stars: | 2024-06-03 | by ( Nimi Princewill | ) edition.cnn.com time to read: +4 min

Cane-swinging union workers were also seen in photos circulating on social media Monday ordering personnel of the country’s tax agency out of their offices. This strike comes after failed negotiations with the government to raise the federal minimum wage. The unions’ demands include raising the minimum wage from 30,000 naira ($22.4) to 494,000 naira ($369.6). Despite being Africa’s fourth-largest economy, Nigeria’s minimum wage is not among the continent’s top ten, lagging far behind countries like Seychelles, where workers receive a minimum wage of $465.4 monthly. 30k or 60k minimum wage in 2024 Nigeria is unsustainable and unacceptable,” wrote lawyer Festus Ogun in a post on X.

Persons: Bayo Onanuga, Onanuga, Olusina Ajidahun, “ I’m, ”, Lateef Fagbemi, Festus Ogun, Dipo Awojide, Bola Tinubu’s, Ajuri Ngelale Organizations: CNN, Transmission Company, Nigeria, Nigerian Labor Congress, Trade Union Congress, TUC, TCN, Health, Healthcare, Nigerian, Onanuga, NLC Locations: Nigeria, Seychelles, Lagos, Abuja, Nigerian

☆ Italy is bracing for a record wave of tourists, but is having trouble handling them
▼ + stars: | 2024-06-01 | by ( Bob Pisani | ) www.cnbc.com time to read: +7 min

Tourists line a street in Venice, Italy, on Saturday, March 16, 2024. Italy is caught in an envious trap: it can't live without tourists, but it's having trouble handling the influx, particularly after Covid. He considers himself fortunate he's a boat driver: he pities the poor tourists who rent cars or try to find an elusive taxi. A general picture shows the main facade of the Pantheon in Piazza della Rotonda on March 30, 2024 in Rome, Italy. The famous Villa La Cassinella on the lake can be yours, for 100,000 euros a week.

Persons: Covid, Taylor Swift, Travis Kelce, there's, Croissants, it's, George Clooney's, Villa D'Este, Clooney, Villa, Uber, Rick Steves, Uber Van, Steves Organizations: Villa, Italian Association of Employment, Milanese, risotto Milanese, La Scala, Villa Oleandra Locations: Venice, Italy, Bellagio, Lake Como, Tremezzo, Paris, Piazza della, Rome, Milan, Marche, Sardinia, New York, Camparino, Villa, North America

☆ Middle East Crisis Palestinians Returning to Jabaliya Find Wide Devastation
▼ + stars: | 2024-06-01 | by ( Raja Abdulrahim | Lauren Leatherby | ) www.nytimes.com time to read: +4 min

“The destruction is indescribable,” said Mohammad Awais, who returned with his family to their home in Jabaliya on Friday. “Even the ambulances can’t drive through them to transport the injured and martyrs,” he said of the streets in Jabaliya. April 17 Jabaliya market Area of image GAZA STRIP May 24 Jabaliya market April 17 Jabaliya market Area of image GAZA STRIP May 24 Jabaliya marketSome buildings had already been destroyed before the latest Israeli offensive in the area, according to imagery from April. Having survived the assault during the early months of the war, many people in Jabaliya thought they were safe from another Israeli offensive. Credit... Omar Al-Qattaa/Agence France-Presse — Getty Images Image Resting in the rubble in Jabaliya on Friday after Israeli forces withdrew from the area.

Persons: ”, Mohammad Awais, Awais, inhabitable, Israel, Omar Al, Mahmoud Issa, Hossam Shbat, Jabaliya, Shbat Organizations: Planet Labs, Agence France, Reuters “ Residents, “ Residents Locations: Gaza, Jabaliya, GAZA, Credit, Israel

☆ In the West Bank, Guns and a Locked Gate Signal a Town’s New Residents
▼ + stars: | 2024-06-01 | by ( Ben Hubbard | Sergey Ponomarev | ) www.nytimes.com time to read: 1 min

From the outskirts of his town in the West Bank, the mayor surveyed the rocky hills stretching toward the Dead Sea where Palestinians had long farmed and herded, and pointed out the new features of the landscape. New guard posts manned by Israeli soldiers. And, most tellingly, a new metal gate blocking the town’s sole road to those areas, installed and locked by the Israeli army to keep Palestinians out. “Anyone who goes to the gate, they either arrest him or kill him,” said the mayor, Moussa al-Shaer, of the town of Tuqu. On the other side of the gate, atop a bald hill in the distance, stood one of the area’s new residents, Abeer Izraeli, a Jewish settler.

Persons: ”, Moussa al, Abeer Organizations: West Bank Locations: Tuqu

☆ On the Brazilian Coast, a Tropical Town Beloved by Artists and Makers
▼ + stars: | 2024-05-31 | by ( Nora Walsh | ) www.nytimes.com time to read: +3 min

Sign up here to find us in your inbox once a month, and to receive our weekly T List newsletter. Roughly halfway between São Paulo and Rio de Janeiro, the coastal town of Paraty (population 45,000) isn’t the easiest place to reach. It’s that relative seclusion that keeps the tourist hordes and unbridled development at bay, despite the town’s obvious appeal. African slaves not only worked in the mines but built much of the town’s early infrastructure, such as its roads. At the end of the 19th century, Santos, 190 miles to the south, supplanted Paraty as the country’s primary coffee-exporting port, and the town began to languish.

Persons: São, Luana Assunção, ”, Dom João, “ You’ll Organizations: São Paulo, Free Walker Tours Locations: tlist@nytimes.com, Rio de Janeiro, Paraty, Costa Verde, Ilha Grande, CHEE, Minas Gerais, Santos, “, Rio, Orleans

☆ China's capital city is opening a robotaxi route to a major train station, startup Pony.ai says
▼ + stars: | 2024-05-31 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +3 min

Robotaxi operator Pony.ai has begun testing rides with human staff inside between a suburb of Beijing and a major high-speed train station. By the end of this year or early next year, Zhang expects the train station route will be fully driverless, with no human staff inside. BEIJING — In three years, China's capital city of Beijing has taken rapid steps toward letting robotaxis operate closer to the city center. By the end of this year, Zhang expects the city will allow robotaxi operation around Beijing Capital International Airport to the north. In three to five years, Zhang expects Beijing will allow robotaxis throughout the city.

Persons: Pony.ai, Zhang, Ning Zhang, WeRide Organizations: Beijing South Railway, CNBC, BEIJING —, Daxing International, Baidu, Beijing Capital International Airport, Toyota Locations: Beijing, Yizhuang, Pony.ai, BEIJING, China

☆ Iceland volcano dramatically erupts again as streams of lava reach town’s defensive walls
▼ + stars: | 2024-05-30 | by ( Helen Regan | ) edition.cnn.com time to read: +4 min

The Met Office had earlier warned that a volcanic eruption was likely following “intense seismic activity” at the crater and a build-up of magma in its underground reservoir. “Lava is flowing outside the defense walls at Grindavík in several places, and lava is also starting to flow outside the walls at Svartsengi,” Víðir Reynisson from Iceland’s Civil Defense told RUV. Another volcanic eruption is seen from a helicopter flight for the fifth time since December on the Reykjanes peninsula in southwestern Iceland on May 29, 2024. The site is part of southwest Iceland’s Reykjanes Peninsula — a thick finger of land pointing west into the North Atlantic Ocean from Reykjavik. Rather than having a central volcano, the Reykjanes Peninsula is dominated by a rift valley, with lava fields and cones.

Persons: RUV, ” Reynisson, Defense’s Reynisson, Benedikt Ófeigsson, ” Organizations: CNN, Iceland’s, Met Office, Iceland’s Civil Defense, Almannavarnadeild, Getty, Iceland’s Met, Iceland’s Ministry of Foreign Affairs Locations: Iceland, Grindavík, Hagafell, Svartsengi, Anadolu, Reykjavik

☆ Elon Musk once mocked China’s BYD. Now it’s running circles around Tesla
▼ + stars: | 2024-05-30 | by ( Allison Morrow | ) edition.cnn.com time to read: +4 min

New York CNN —The most important carmaker in the world right now is the Chinese-owned, Warren Buffett-backed company that has Elon Musk in a pickle. That’s 1,300 miles in one go — hundreds of miles beyond the standard ranges for other hybrids on the market. One: Tesla is America’s best-selling EV, but it’s losing market share overseas to foreign competitors that can make their cars cheaper. China is the world’s biggest auto market, and BYD is its top seller, surpassing Volkswagen last year. In that exchange, Musk responds to an honest question about BYD rivaling Tesla with a smug laugh.

Persons: CNN Business ’, Warren Buffett, Tesla, Musk, BYD Organizations: CNN Business, New York CNN, Elon, Toyota, Wall Street, Volkswagen, Toyota Prius, Bloomberg Locations: New York, Miami, BYD’s Hong Kong, China, United States

☆ Davy and Natalie Lloyd: US brokered gang talks to secure American missionaries’ bodies in Haiti
▼ + stars: | 2024-05-30 | by ( Caitlin Stephen Hu | David Culver | ) edition.cnn.com time to read: +9 min

The Toussaint Louverture International Airport, which has reopened after being closed for nearly three months due to gang violence, in Port-au-Prince, Haiti, on May 20. Montis and the Lloyds barricaded themselves inside their residence on the compound, but it was not enough, Lloyd told CNN. US Ambassador to Haiti Dennis Hankins walks after Haiti’s transitional council ceremony, on the outskirts of Port-au-Prince, Haiti on April 25, 2024. The situation on the ground in Port-au-Prince remains anarchic,” he warned. But Thursday morning, the bodies of Davy and Natalie Lloyd finally began their long journey home.

Persons: Davy, Natalie Lloyd, Haiti Dennis Hankins, ”, Toussaint, Ralph Tedy Erol, Jude Montis –, Davy Lloyd’s, David Lloyd, Lloyd, Eric Burlison, Sen, Josh Hawley, ” Burlison, we’ve, ” Natalie Lloyd’s, Naomi Baker, Ben Baker, Stacy Librandi Bourne, Vitel’homme, –, Baryé, ” Innocent, Judes Montis, Odelyn Joseph, Gary Desrosiers, Eunide Majeur Montis, Jude Montis, Cassidy Anderson, “, Natalie, Champ de Mars, Hawley, Biden, “ Natalie, CNN’s AnneClaire Stapleton, Hande Atay Alam, Natalie Barr, Nikki Carvajal Organizations: CNN, Prince, US, Kansas City, US State Department, Reuters, Local carrier Sunrise, Lloyds, White, Missions, Missouri US, US National Security, State Department, US Embassy, “, AP, HERO, Haiti’s National Police, Baker’s, General Hospital, Champ Locations: Haiti, American, Port, Miami, Kansas, United States, Prince, Haiti’s, Caribbean, Eric Burlison , Missouri, Missouri

☆ Temperatures in India hover at record highs as heatwave grips the country
▼ + stars: | 2024-05-30 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +1 min

NEW DELHI, INDIA - MAY 29: Residents of JJ Cluster Vivekanand Colony at Chanakyapuri fill up water from a tanker in the morning on May 29, 2024 in New Delhi, India. Temperatures have hovered near 50 degrees Celsius (122 degrees Fahrenheit) in Delhi, according to the Indian Meteorological Department. Some local weather stations reported highs of 49.9 degrees Celsius on Tuesday, above Delhi's previous record temperature of 49.2 degrees, which was logged in May 2022. Other weather stations in Delhi measured temperatures on Wednesday ranging from 45.2 to 49.1 degrees Celsius. The area of Narela cooled by as many as 1.5 degrees from Tuesday, while temperatures in many other sites rose further.

Persons: Vipin Kumar Organizations: Hindustan Times, Getty, Indian Meteorological Department, Reuters Locations: DELHI, INDIA, Chanakyapuri, New Delhi, India, Delhi, heatstroke

☆ 9 ways you're making your wedding look cheap, according to a luxury planner
▼ + stars: | 2024-05-30 | by ( Samantha Grindell | ) www.businessinsider.com time to read: +1 min

Guests need transportation. "When you don't provide transportation to your guests, it really feels like you have not thought about them whatsoever," Ritchie said. "Now, of course, there are ways around that if the wedding is at the hotel and everyone can stay at the hotel, great," she went on to say. Ritchie said forgoing transportation can make your guests feel like an afterthought, which is the last thing they should be on your wedding day. "It feels very cheap when people forget that part of the puzzle, and it's not fun, but it's necessary," she added.

Persons: Ritchie

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