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☆ Popeyes just ousted KFC as the second-biggest fried chicken chain. After a visit to both, I can see why it's superior to the Colonel's greasy, frozen dinner-inspired food.
▼ + stars: | 2023-10-26 | by ( Nancy Luna | ) www.businessinsider.com time to read: +1 min

KFC is losing ground to Popeyes, according to a Barclays report. KFC and Popeyes are both logging more than $5 billion a year in sales, according to Technomic's latest Top 500 report. But Popeyes, which is expanding rapidly across the US, is selling food with fewer locations in the US compared to KFC, according to Technomic. I tried the same items found at each brand's menu: Fried chicken, chicken tenders, and a classic fried chicken sandwich. The chicken served at KFC was so greasy, I had to take Tums to relieve my indigestion.

Persons: —, Popeyes Organizations: KFC, Barclays, Service, Popeyes, CNBC, US Locations: Santa Ana, Tustin , California

SACRAMENTO, Calif. (AP) — Federal officials said Wednesday that conditions have improved on the Colorado River to the point that a plan by California, Arizona and Nevada to voluntarily reduce water use should help keep the river basin on stable footing for the next few years. The states failed to reach a consensus on cuts, and the federal government did not end up forcing any. The threat of those two options finally forced the three states to reach their own voluntary plan for how to reduce their use of the river's water. Already, the three states have lowered their water use, said Tom Buschatzke, director of the Arizona Department of Water Resources and the state’s representative on Colorado River issues. Now, the states can turn their attention to a new long-term agreement for how to share the river’s water beyond 2026.

Persons: Lake Mead, Tommy Beaudreau, Camille Touton, Biden, JB Hamby, ” Hamby, Hamby, Tom Buschatzke, ”, __, Suman Naishadham, Ken Ritter Organizations: —, U.S . Department of, U.S . Bureau of Reclamation, Colorado River Board of California, Imperial Irrigation District, Arizona Department of Water Resources, Associated Press Locations: SACRAMENTO, Calif, Colorado, California , Arizona, Nevada, Lake Powell, Mexico, Arizona , California, California, Arizona, Santa Ana , California, Washington, Las Vegas

☆ Off-duty Alaska Airlines pilot warned 'I am not okay' before alleged attempt to disable plane engines
▼ + stars: | 2023-10-24 | by ( Leslie Josephs | ) www.cnbc.com time to read: +2 min

In this article ALK Follow your favorite stocks CREATE FREE ACCOUNTAn Alaska Airlines jet departs John Wayne Airport in Santa Ana, CA on Monday, August 8, 2022. Medianews Group/orange County Register Via Getty Images | Medianews Group | Getty Images"I am not okay," an off-duty Alaska Airlines pilot said before allegedly reaching and grabbing handles that could have disabled the aircraft's engines, according to a federal complaint filed on Tuesday. The pilots told investigators that there was no indication of anything wrong early in the flight, according to court records. One of the flight's pilots told investigators that Emerson settled down after about 20 to 30 seconds and exited the cockpit. After leaving the cockpit, Emerson told a flight attendant, "You need to cuff me right now or it's going to be bad."

Persons: Joseph David Emerson, Emerson Organizations: Alaska Airlines, John Wayne Airport, Medianews, Getty, Alaska, Portland International Airport, Justice Department, Multnomah County Sheriff's, Pilots Locations: Santa Ana , CA, San Francisco, Portland, Pleasant Hill , California, Oregon, Multnomah County

☆ Rite Aid is planning to close about 150 locations. See if your local store is on the list.
▼ + stars: | 2023-10-17 | by ( Alex Bitter | ) www.businessinsider.com time to read: +9 min

Rite Aid filed plans to close 154 stores on Monday as part of its Chapter 11 bankruptcy. Rite Aid is the smallest of the three major drugstore chains, well behind CVS and Walgreens. Rite Aid was expected to close stores as part of its bankruptcy. Rite Aid told Insider that it considers a variety of factors when deciding to close a store, "including business strategy, lease and rent considerations, local business conditions and viability, and store performance." "We will also strive to transfer associates to other Rite Aid locations where possible," the company said.

Persons: —, Glen, Taylor, Daniel Webster, Merrick, William Penn, Redmond, Lacey Organizations: CVS, Walgreens, Service, Pennsylvania . Rite Aid, Wall Street Journal, Rite Aid, Rite, Crenshaw, Hollywood Way, San, Niguel, Yorba, Santa, Thompson Boulevard, Ventura, Atwater, Overland, Meridian, Main, Bel, Bel Air South, Park, Main Street, Lafayette, Garfield, Garden, Ford, Flint, Farmington, Whittemore Street, New Jersey :, Marshall, Bridgeton Pike, Whiting, Pike, Huntington, Jericho Turnpike, Jeff, North Street, Cesar, Chavez, Pennsylvania, Stevenson, Bethel, Union, Allentown, Fourth Street, Fifth, Washington Lane, Street, Central Avenue, Grady, Everett Locations: California, New York, Pennsylvania, Los Angeles, Rock, Centinela, Downey, Beach, Burbank, Hollywood Way Covina, Puente, Alhambra, Oceanside, San Diego, Yorba Linda, Santa Ana, Thompson, Thompson Boulevard Oxnard, Cupertino, Santa Clara, Cruz, Bellevue, Sacramento, Boulevard Ontario, Irvine, Monterey, Alvarado Street Connecticut, Bethel, Greenwood, Delaware, Newark, Hill, Wilmington, Idaho, Boise, Maryland, Elkton, Pulaski, Baltimore, Glen Burnie, Baltimore Annapolis Boulevard Massachusetts, Webster, Main Street Michigan, Fremont, Greenville, Clinton, Macomb, Sturgis, Centerville, Clinton Township, Gratiot, Shelby Township, Dyke, Jackson, Michigan, Manistee, Garden City, North, Detroit, Farmington Hills, St, Johns, Whittemore Street Lansing, Hampshire, Merrimack, New Jersey, New Jersey : West Milford, Mantua, Bridgeton, Irvington, Somerset, Williamstown, Pike New York, Brooklyn, Shore, Merrick, East Northport, Jericho, Jericho Turnpike Medford, Patchogue, West Patchogue, Kenmore, Rochester, Flushing, Levittown, Ohio, Massillon, East New Carlisle, Dayton, Youngstown, Springfield, North Street Bellefontaine, Oregon, Portland, Kensington, Brighton, Bethel Park, Pittsburgh, Greensburg, Bethlehem, Fourth Street Philadelphia, Venango, Washington, Conshohocken, Hanover, Mechanicsburg, Erie, Abington, York, Johnstown, Ardmore, Lancaster, Pittston, Wyoming, Yardley, Chester, Street Titusville, Central Avenue Virginia, Chesapeake, Pleasant, Seattle, Graham, Renton

SANTA ANA, Calif. (AP) — A male nanny who worked for families across Southern California was convicted Tuesday of sexually assaulting 16 young boys in his care and showing another boy child pornography, prosecutors said. Matthew Antonio Zakrzewski was arrested in May 2019 after a couple told Laguna Beach police he touched their son inappropriately. More alleged victims were identified, and Zakrzewski was ultimately charged with 34 felonies, including lewd and lascivious acts with a minor. A jury convicted the 34-year-old on all counts, according to the Orange County District Attorney's Office. “These young boys were forced to endure unimaginable terror as a result of the ultimate betrayal by a babysitter,” said District Attorney Todd Spitzer said in a statement.

Persons: Matthew Antonio Zakrzewski, Zakrzewski, ”, Todd Spitzer, manny Organizations: SANTA ANA, Calif, Laguna, Attorney's Office Locations: SANTA, Southern California, Laguna Beach, Orange County, Costa Mesa

"We're disappointed, of course," Anthony Caso, a lawyer for Eastman, said of the court's decision not to hear the appeal. In decisions in 2022, U.S. District Court Judge David Carter in Santa Ana ordered certain emails to be turned over, including those related to court efforts by Trump and Eastman to delay congressional certification of Biden's victory. Carter ruled that Trump and Eastman had "more likely than not" committed a crime in trying to obstruct Congress. Eastman has sought to erase the judge's determination that the "crime-fraud" exception applied to some of the emails. Trump is the frontrunner for the Republican nomination to face Biden in the 2024 election.

Persons: John Eastman, Yuri Gripas, Donald Trump's, Clarence Thomas, Thomas, Eastman, Virginia, Ginni, We're, Anthony Caso, Trump's, Joe Biden's, David Carter, Trump, Carter, Mike Pence, Pence, Biden, Andrew Chung, Will Dunham Organizations: National Organization, IRS, REUTERS, Rights, U.S, Supreme, Conservative, Washington Post, Democratic, Capitol, Trump . Eastman, Chapman University, Trump, Eastman, San, Circuit, Republican, Thomson Locations: Washington, California, U.S, Santa Ana, San Francisco, Georgia's Fulton County

☆ Colombian artist Fernando Botero dies at 91
▼ + stars: | 2023-09-15 | by ( Stefano Pozzebon | Eyad Kourdi | ) edition.cnn.com time to read: +4 min

CNN —Renowned Colombian artist Fernando Botero, celebrated for his iconic style featuring rotund figures used to convey political critique and satire, has died at the age of 91. The news of his death was confirmed by his daughter, Lina Botero, in an announcement made to various Colombian media outlets on Friday. PL Gould/Getty Images A Botero sculpture in Plaza Botero in Medellin, Colombia pictured on April 15, 2022. The exhibition, titled "Celebration," featured some 80 works by the Colombian artist spanning 60 years of his practise. Vincent West/Reuters "La Gorda Gertrudis," a Botero sculpture depicting a reclining nude woman, on display in Cartagena, Colombia.

Persons: Fernando Botero, Lina Botero, Mona Lisa, PL, Juan Barreto, Vincent West, Gilles Barbier, Luis Eduardo Noriega A, Shutterstock, Shannon Stapleton, Piero della Francesca, della Francesca, Duke, Urbino, Federico da Montefeltro, Battista Sforza, Hwee Young, Nicolas Maeterlinck, Barbara Sax, Juan Mabromata, Gustavo Petro, Damian Dovarganes, Daniel Quintero, Stefano Pozzebon Organizations: CNN —, PL Gould, Getty, Museo, Bellas Artes, Reuters, Museum of Antioquia, National Museum of, Buenos Aires Fine Arts Museum, Twitter, Bowers Museum Locations: Colombian, Botero, Medellin, Colombia, AFP, Bilbao, Spain, Cartagena , Colombia, New York, China, National Museum of China, Beijing, Mons, France, Berlin, Buenos Aires, Argentina, Medellín, Abu Ghraib, Iraq, Santa Ana , California, Bogota, Eyad

SANTA ANA, Calif. (AP) — A judge on Wednesday halted a Southern California school district from requiring parents to be notified if their children change their gender identification or pronouns at school. Bonta argues the policy will forcibly out transgender students in violation of their privacy rights and threaten their well-being. Chino Valley contends the policy seeks to involve parents so they can provide support their children need. He also questioned whether elementary school students as young as 4 and 5 years old should be treated the same as high school teens involved in confidential counseling. He then worked with school board members and the California Family Council to draft the policy that was voted on in Chino Valley.

Persons: —, Thomas S, Garza, Rob Bonta, “, Sonja Shaw, Shaw, Bonta, Delbert Tran, ” Tran, Anthony De Marco, De Marco, Bill Essayli, Essayli, Gavin Newsom Organizations: SANTA ANA, Calif, San, Chino Valley Unified School District, San Bernardino Superior, Chino Valley Unified, Republican, California Family Council, Gov Locations: SANTA, Southern California, San Bernardino, California, Chino, Chino Valley, Los Angeles, Sacramento

Particle pollution is a “key ingredient” of wildfire smoke, Barrett told CNN. “Sometimes we can see, smell, and even taste the impacts of wildfire smoke,” Barrett said. Mountain ranges can shield some regions from worse air pollution by keeping smoke aloft when it travels, Mass said. Pittsburgh - June 29, 2023An MLB game between the San Diego Padres and Pittsburgh Pirates is delayed as Canadian wildfire smoke descends on downtown Pittsburgh. San Francisco - Sept. 9, 2020Smoke from northern California wildfires casts a reddish glow in San Francisco, California.

Persons: ”, William Barrett, Barrett, ” Barrett, Clifford, Talat Odman, Mass, “ It’s, “ You’re, Lev Radin, Scott Olson, Kevork, Joe Robbins, San Diego Padres, Andrew McCutchen, Carr, George Rose, Ray Chavez, David Zalubowski Organizations: CNN, American Lung Association, University of Washington, Georgia Institute of Technology, Washington DC, ” CNN, Pacific Press, York City, MLB, San Diego Padres, Pittsburgh Pirates, San Diego, Pirates, MediaNews, Mercury, Environmental Protection Agency Denver, Denver International Airport, Denver Locations: Canada, United States, Northern Europe, New York City, York City, Chicago, Irvine, Santiago, Irvine , California, California, Santa, Pittsburgh, Pennsylvania, Sacramento, Sacramento , California, Shasta County , California, San Francisco, San Francisco , California, San Francisco Bay

☆ I visited 4 Subway locations and saw firsthand what challenges its new owners will face. I found stale bread, bad tuna, and outdated, dirty restaurants.
▼ + stars: | 2023-09-01 | by ( Nancy Luna | ) www.businessinsider.com time to read: +9 min

We visited four Subway in Southern California to figure out how Roark can fix the brand. So I visited four Subway stores near my Southern California home. It is one of hundreds of Subway stores that have been remodeled over the years. In 2021, The New York Times conducted its lab test and published a report stating that it found no tuna DNA in Subway tuna sandwiches. I ordered the tuna sandwich at a Subway in Santa Ana, California, an aging stand-alone store in a former adobe-style Taco Bell building.

Persons: Roark, Dunkin, Fred DeLuca, Jared Fogle, It's, haven't, Nancy Luna, Burger King, —, Tim Powell, Powell Organizations: Roark Capital, Buffalo Wild Wings, Service, Subway, Royce, Owners, The New York Times, Chapman University Locations: Southern California, Wall, Silicon, Jersey, North America, Miami, Orange , California, Santa Ana , California, Orange

☆ Heart-stopping video shows an Alaska Airlines flight making a rocky landing in Tropical Storm Hilary, sending sparks flying and passengers screaming
▼ + stars: | 2023-08-22 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +3 min

Video shows the moment an Alaska Airlines flight made a terrifying landing in Tropical Storm Hilary. Sparks flew off Alaska Airlines Flight 1288 when it touched down at a California airport on Sunday. Alaska Airlines said the plane "was unable to taxi to the gate due to an issue with its landing gear." AdvertisementAdvertisementA heart-pounding video shows the moment an Alaska Airlines flight made a rocky landing at a Southern California airport during Tropical Storm Hilary, causing sparks to fly and frightened passengers to scream. The spokesperson for Alaska Airlines apologized for the incident and said the airline's focus is on "taking care of our guests who were on board, including retrieving their checked bags."

Persons: Hilary, Sparks, Santa Ana's, Santa Ana's John Wayne, Amineni, Donna Delfin, Delfin, Firefighters Organizations: Alaska Airlines, Sunday . Alaska Airlines, Santa Ana's John, Santa Ana's John Wayne Airport, Boeing, YouTube, Tacoma International Airport, ABC7, Aviation Administration, Passengers, FAA, Orange County Fire Authority Locations: Alaska, California, Sunday, Southern California, Santa, Orange County, Seattle, Washington, deplane

☆ Flight cancellations: Tropical Storm Hilary snarls air travel
▼ + stars: | 2023-08-20 | by ( Eva Rothenberg | ) edition.cnn.com time to read: +1 min

New York CNN —More than 4,500 flights are delayed or canceled across the US on Sunday evening as California continues to brace for the impact from Tropical Storm Hilary. Harry Reid International Airport is pictured October 14, 2022 in Las Vegas, Nevada. There are also some delays at international airports in Denver and Phoenix, as the ripple effect from the storm spreads. The storm has not yet made landfall in the US, but it slammed Mexico’s Baja California region earlier Sunday. Hilary is likely to bring severe flooding to parts of California and Nevada, which could experience a year’s worth of rain on Sunday.

Persons: Hilary, Harry Reid, Justin Sullivan, Gavin Newsom, Joe Lombardo Organizations: New, New York CNN, Harry, Harry Reid International, San Diego International, Ontario International, Daugherty, Mexico’s Locations: New York, California, Las Vegas, Las Vegas , Nevada, Ontario, Los Angeles, Burbank, Santa Ana, Sacramento, Long, Denver, Phoenix, Mexico’s Baja California, Joe Lombardo of Nevada, Nevada

☆ These factors are making it hard to combat the deadly Maui wildfires
▼ + stars: | 2023-08-10 | by ( Ray Sanchez | ) edition.cnn.com time to read: +7 min

CNN —The wildfires in Maui spread swiftly and turned deadly, stunning local officials who were quickly overwhelmed. Fueled by a combination of strong winds and dry conditions – and complicated by the island’s geography – the fires have killed at least 36 people. Moderate drought covers more than one-third of Maui, with some areas experiencing severe drought, according to the US Drought Monitor. Dried-out land and vegetation can provide fuel for wildfires, which then can swiftly turn deadly if strong winds help fan the flames toward communities. “These strong winds coupled with low humidity levels are producing dangerous fire weather conditions” through Wednesday afternoon, the weather service said.

Persons: ” Jennifer Marlon, ”, Clay Trauernicht, ” Marlon, Derek Van Dam, Abby Frazier, ” Frazier, Hurricane Dora, Niño, Frazier, Trauernicht, ” Trauernicht, –, we’ve Organizations: CNN, Yale School of, University of Hawaii, US Drought Monitor, Fourth, National Weather Service, Clark University in, El Nino, Pacific Fire Exchange, of Forestry, Wildlife Locations: Maui, Hawaii, Manoa, Santa Ana, Southern California, Oahu, Clark University in Massachusetts, “, Hurricane, Pacific, ” Hawaii, West Maui

☆ The responsible investing boom is over. Can anything replace ESG?
▼ + stars: | 2023-07-26 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +8 min

New York CNN —Environmental, social and corporate governance, or ESG, investing is on a downward spiral. But in 2022, the pace of inflows quickly eased as a confluence of political, geopolitical and market events severely damaged interest in ESG investing. ESG investing took off and became a buzzword — the “artificial intelligence of six years ago,” said Jenkins. Alphabet reported revenue of $74.6 billion, marking a 7% jump compared to last year and beating Wall Street’s estimates. Banc of California reported a much smaller decline in net income of $2.4 million last quarter.

Persons: ESG, Larry Fink, ”, Robert Jenkins, Jenkins, “, ” Jenkins, he’s, What’s, Clare Duffy, Catherine Thorbecke, Wall, ” Thomas Monteiro, —, Elisabeth Buchwald, Jared Wolff, Wolff, PacWest Organizations: CNN Business, Bell, New York CNN, BlackRock, CNN, Lipper, Pleiades Strategy, Google, Microsoft, Wall, Bancorp, Western Bank, Beverly, Santa, Bank Locations: New York, YOLO, Ukraine, Banc, California, Santa Ana, United States

☆ Banc of California set to merge with rival PacWest
▼ + stars: | 2023-07-25 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +3 min

New York CNN —PacWest Bancorp (PACW) is set to merge with Banc of California in a $400 million equity deal, according to a joint announcement the banks released Tuesday afternoon, ahead of their second-quarter earnings results. The move aims to restore confidence in the sector after the collapse of three regional banks earlier this year. Banc of California reported a much smaller decline in net income of $2.4 million last quarter. PacWest has been under considerable pressure after Silicon Valley Bank failed in March, sending shock waves across regional banks in the United States. Once the deal closes, PacWest shareholders are set to receive 0.66 of a share of Banc of California for each share they own.

Persons: “, ”, Jared Wolff, Wolff, PacWest, SVB, Warburg Pincus Organizations: New, New York CNN — PacWest, Western Bank, Beverly, Santa, Bank, Federal Reserve, Centerbridge Partners, Wall Locations: New York, Banc, California, Santa Ana, United States

Santa Ana, CA - May 26: An airplane prepares to be loaded as passengers make their way to their gates during the Memorial Day weekend getaway at John Wayne Airport Orange County in John Wayne Airport, Santa Ana, CA on Thursday, May 26, 2022. "Now Boarding" is a videocast about air travel and the business of flying. CNBC airlines reporter Leslie Josephs and CNBC senior producer Erin Black delve into topics like turbulence, airline status, boarding, jumbo jets and all things aviation. Watch this episode and others on CNBC's YouTube channel. On this episode of "Now Boarding," CNBC discusses why airplane boarding can be so complicated and what airlines are doing to make it faster.

Persons: Leslie Josephs, Erin Black Organizations: John Wayne Airport, CNBC, YouTube Locations: Santa Ana , CA, John Wayne Airport Orange, John

☆ Why cities want to ban new drive-thrus
▼ + stars: | 2023-06-24 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +8 min

Magnets of traffic and congestion, drive-thrus discourage walking, public transit use and visits to neighboring businesses. A host of cities and regions want the sprawl to stop: Atlanta lawmakers will vote this summer on whether to ban new drive-thrus in the popular Beltline area. Minneapolis; Fair Haven, New Jersey; Creve Coeur, Missouri; Orchard Park, New York, and other cities have banned new drive-thrus in recent years. Experts say pedestrian safety can be improved by tightly managing access along arterial roads and locating drive-thrus away from them. Cities push backAtlanta City Councilman Jason Dozier proposed a bill this year to block new drive-thrus around the Atlanta Beltline, a pedestrian trail along a 22-mile railroad corridor.

Persons: Creve, ”, David Dixon, Jack, Wendy’s, Sweetgreen, Taco Bell, Leonard Ortiz, Eric Dumbaugh, David Paul Morris, Dixon, Stantec, Jason Dozier, Dozier’s, “, ” Dozier, Marilyn Nieves, iStockphoto, Levi Thatcher, Charlotte, Keba Samuel Organizations: New, New York CNN, Starbucks, Smithsonian, Companies, MediaNews, Orange, Register, Florida Atlantic University, “, CNN, Bloomberg, Atlanta City, Atlanta, Atlanta Beltline, Sugar House, Sugar, Transportation, Charlotte Planning, Charlotte City Locations: New York, Atlanta, Minneapolis, Fair Haven , New Jersey, Creve Coeur , Missouri, Orchard, , New York, Southern California, Long, Pittsburgh, Mesa , Arizona, “, ”, California, Santa Ana , California, driveways, Atlanta’s, Salt Lake City, Charlotte, WCNC

☆ Exclusive: Tesla standard: BTC Power joins move to add to EV chargers
▼ + stars: | 2023-06-20 | by ( Abhirup Roy | ) www.reuters.com time to read: +2 min

SAN FRANCISCO, June 20 (Reuters) - BTC Power will add Tesla's (TSLA.O) standard to its electric vehicle chargers next year, its chief executive told Reuters on Tuesday, days after Ford (F.N) and General Motors (GM.N) sent shockwaves through the industry by adopting the technology. Privately-owned BTC, a supplier to 7-Eleven and fleet operators, is the fourth major fast charger maker to embrace Tesla's standard, following ABB E-mobility North America (ABBN.S), Tritium DCFC (DCFC.O), and SK Signet (260870.KN). "By including the NACS (North American Charging Standard) connector to our chargers we can eliminate the need for unreliable and unpredictable adapters that are being utilized by drivers using our equipment," BTC CEO Frank Meza said. Reuters first reported on Tuesday that electric pickup maker Rivian (RIVN.O) would adopt Tesla's charging standard. Reporting by Abhirup Roy in San Francisco; Editing by Peter Henderson and Alexander SmithOur Standards: The Thomson Reuters Trust Principles.

Persons: Frank Meza, Elon Musk's, Biden, Rivian, Abhirup Roy, Peter Henderson, Alexander Smith Organizations: FRANCISCO, BTC, Reuters, Ford, General Motors, ABB, America, SK Signet, EV, Detroit automakers, Tesla, Thomson Locations: Santa Ana , California, America, San Francisco

☆ US House Speaker McCarthy threatens to block funding for Chile waiver program
▼ + stars: | 2023-06-16 | by ( ) www.reuters.com time to read: +1 min

WASHINGTON, June 16 (Reuters) - U.S. House of Representatives Speaker Kevin McCarthy on Friday threatened to use congressional appropriations to block funding for a U.S. visa waiver program for Chile, blaming rising criminal activity in the United States on the program. McCarthy, a California Republican said the appropriations will not allow Mayorkas "to use money when it comes to Chile for the visa waiver program until this issue is solved." McCarthy said people entering the United States through the program have joined organized crime organizations that he said have carried out raids on homes and businesses in California and elsewhere. "I am concerned that some citizens of Chile are abusing the visa waiver program to commit burglaries throughout the United States, including in my district in Orange County," Correa said in a statement on Thursday. Reporting by David Morgan; additional reporting by Ted Hesson; Editing by Leslie AdlerOur Standards: The Thomson Reuters Trust Principles.

Persons: Kevin McCarthy, McCarthy, Alejandro Mayorkas, Mayorkas, Lou Correa, Antony Blinken, Correa, David Morgan, Ted Hesson, Leslie Adler Organizations: . House, U.S . Homeland, California Republican, Republicans, Democrats, Democrat, House Homeland Security, Thomson Locations: Chile, United States, Santa Ana , California, U.S, California, Orange County

REUTERS/Mike Blake/File Photo/File PhotoJune 14 (Reuters) - Health insurer stocks dropped sharply on Wednesday after UnitedHealth Group (UNH.N) said costs were on the rise for the largest U.S. healthcare provider by market value due to an increase in surgeries among older adults. Shares of industry bellwether UnitedHealth fell 7.3% to $455.11, wiping out roughly $42 billion from the company's market capitalization in the current trading session. Meanwhile, stocks of medical device makers and hospital operators rose, as increased frequency of surgeries mean more revenue for them. The company highlighted strong demand for hip and knee procedures at outpatient centers, as well as for home health services and behavioral services. Elevance Health (ELV.N), CVS Health Corp (CVS.N), Centene Corp (CNC.N) and Cigna Group (CI.N) fell between 6% and 7.5%.

Persons: Mike Blake, bellwether, UnitedHealth, Jefferies, Brian Tanquilut, Zimmer Biomet, Leroy Leo, Bhanvi, Manas Mishra, Shinjini Organizations: REUTERS, UnitedHealth, Medicare, Humana Inc, Reuters Graphics, Elevance, CVS Health Corp, Centene Corp, Cigna, Elevance Health Inc, CVS, Healthcare, Tenet Healthcare, Stryker, Thomson Locations: Santa Ana , California, U.S, Bengaluru

☆ 51 US cities expected to see the highest home-price increases and 5 at risk of falling in the next 12 months — plus where mortgage rates could be by year-end — according to a housing economist
▼ + stars: | 2023-06-11 | by ( Laila Maidan | ) www.businessinsider.com time to read: +7 min

The economist Selma Hepp says home prices in some areas are rising because of limited inventory. The US housing market started off on a solid footing this year as home prices rose. In April, prices for single-family homes rose by 2% year-over-year and 1.2% from the previous month, according to CoreLogic's Home Price Index. Below is a list of 51 metropolitan areas expected to see the most home-price increases in the next 12 months, from the highest to the lowest. The CoreLogic HPIFinally, while mortgage rates can be difficult to predict, Hepp said that we had likely peaked for the year.

Persons: Selma Hepp, it's, Hepp, CoreLogic's, Louis, CoreLogic Organizations: Irvine CA Metropolitan, Everett WA Metropolitan Division, Arcade, Statistical, Oakland, Berkeley CA Metropolitan, Metropolitan Statistical, Riverside, Jacksonville FL, Vegas, Paradise, Clearwater FL, Newark, Sanford FL, Angeles, Glendale CA Metropolitan, Palm Beach, Boca Raton, Delray Beach FL, Cambridge, Suffolk County NY Metropolitan, Towson, Metropolitan, Fort Lauderdale, Boston, Scottsdale, Scottsdale AZ Metropolitan Statistical, Miami, Kendall FL Metropolitan, Alexandria DC, Bloomington, Franklin TN Metropolitan, Virginia, Newport News, Livonia MI, Gastonia NC, SC Metropolitan, West Allis WI Metropolitan, Philadelphia PA Metropolitan, Kansas City, KS Metropolitan, Providence, Richmond VA Metropolitan, Cincinnati, Pittsburgh PA, Oklahoma City, Cleveland, Elyria, NJ, Columbus OH, Houston, Indianapolis, Arlington TX Metropolitan, Dallas, Irving TX Metropolitan Locations: Anaheim , California, Seattle, Sacramento , California, West Coast, Metropolitan, Anaheim, Santa Ana, Irvine, Bellevue, Sacramento, Roseville, Hayward, Berkeley, Portland, Vancouver, Hillsboro, San Bernardino, Ontario, Diego, Carlsbad CA, Denver, Aurora, Lakewood, Henderson, Tampa, St, Petersburg, Clearwater, Newark NJ, Orlando, Kissimmee, Sanford, Long, Glendale CA, Palm, Delray Beach, Newton, Framingham, Nassau County, Suffolk, Baltimore, Columbia, Pompano Beach, Deerfield Beach FL, Mesa, Scottsdale AZ, Miami, Kendall, Montgomery County, Bucks County, Chester County, Washington, Arlington, Alexandria, Sandy Springs, Roswell, Minneapolis, Paul, WI, Murfreesboro, Virginia Beach, Norfolk, Detroit, Dearborn, Livonia, Charlotte, Concord, Gastonia, Milwaukee, Waukesha, Warwick, Chicago, Naperville, Arlington Heights IL, Troy, Farmington Hills MI, Antonio, New Braunfels TX, York, Jersey, White Plains, Carmel, Worth, Plano

☆ 51 US cities expected to see the highest home price increases and 5 at risk of falling in the next 12 months — plus where mortgage rates could be by year-end — according to a housing economist
▼ + stars: | 2023-06-11 | by ( Laila Maidan | ) www.businessinsider.com time to read: +7 min

Areas that saw price declines during the pandemic are expected to make a comeback. Metropolitan areas including Anaheim, Seattle, and Sacramento top the list. In April, prices for single-family homes rose by 2% year-over-year and 1.2% from the previous month, according to CoreLogic's Home Price Index. Below is a list of 51 metropolitan areas expected to see the most home prices increase in the next 12 months, beginning from the highest to the lowest. The CoreLogic HPIFinally, while mortgage rates can be difficult to predict, Hepp believes we have likely peaked for the year.

Persons: Selma, it's, Selma Hepp, Hepp, Louis Organizations: CoreLogic, Irvine CA Metropolitan, Everett WA Metropolitan Division, Arcade, Statistical, Oakland, Berkeley CA Metropolitan, Metropolitan Statistical, Riverside, Jacksonville FL, Vegas, Paradise, Clearwater FL, Newark, Sanford FL, Angeles, Glendale CA Metropolitan, Palm Beach, Boca Raton, Delray Beach FL, Cambridge, Suffolk County NY Metropolitan, Towson, Metropolitan, Fort Lauderdale, Boston, Scottsdale, Scottsdale AZ Metropolitan Statistical, Miami, Kendall FL Metropolitan, Alexandria DC, Bloomington, Franklin TN Metropolitan, Virginia, Newport News, Livonia MI, Gastonia NC, SC Metropolitan, West Allis WI Metropolitan, Philadelphia PA Metropolitan, Kansas City, KS Metropolitan, Providence, Richmond VA Metropolitan, Cincinnati, Pittsburgh PA, Oklahoma City, Cleveland, Elyria, NJ, Columbus OH, Houston, Indianapolis, Arlington TX Metropolitan, Dallas, Irving TX Metropolitan Locations: Selma Hepp, Anaheim, Seattle, Sacramento, West Coast, Metropolitan, Santa Ana, Irvine, Bellevue, Roseville, Hayward, Berkeley, Portland, Vancouver, Hillsboro, San Bernardino, Ontario, Diego, Carlsbad CA, Denver, Aurora, Lakewood, Henderson, Tampa, St, Petersburg, Clearwater, Newark NJ, Orlando, Kissimmee, Sanford, Long, Glendale CA, Palm, Delray Beach, Newton, Framingham, Nassau County, Suffolk, Baltimore, Columbia, Pompano Beach, Deerfield Beach FL, Mesa, Scottsdale AZ, Miami, Kendall, Montgomery County, Bucks County, Chester County, Washington, Arlington, Alexandria, Sandy Springs, Roswell, Minneapolis, Paul, WI, Murfreesboro, Virginia Beach, Norfolk, Detroit, Dearborn, Livonia, Charlotte, Concord, Gastonia, Milwaukee, Waukesha, Warwick, Chicago, Naperville, Arlington Heights IL, Troy, Farmington Hills MI, Antonio, New Braunfels TX, York, Jersey, White Plains, Carmel, Worth, Plano

☆ What Is Cash Value Life Insurance and Is It Worth It?
▼ + stars: | 2023-06-09 | by ( ) www.wsj.com time to read: +10 min

What is cash value life insurance? Although you’ll see insurance companies advertise various life insurance products, all policies can be divided into two categories: term and cash value. How your policy’s cash value worksCash value life insurance is so named because of its ability to build cash value. Types of cash value coverageThere are two main types of cash value insurance:Whole lifeWhole life insurance is the most popular form of cash value insurance. Universal lifeUniversal life policies are more flexible than whole life policies.

Persons: Kat Tretina, you’re, PolicyGenius, Jay Zigmont, “, they’re, ” Zigmont, Andrew Latham, you’ll, ”, Latham Organizations: Universal, American Council of Locations: Water Valley, Miss, Santa Ana, Calif

☆ Rise in Distressed Sales Signals New Chapter for Beleaguered Office Market
▼ + stars: | 2023-05-16 | by ( Peter Grant | ) www.wsj.com time to read: 1 min

Global investment manager Hines paid $60 million for a new office tower in Washington, D.C., less than half of what it cost to develop. Photo: HinesProperty owners are starting to unload troubled office buildings at fire-sale prices, a sign that the office market slump is moving into a new phase where more landlords are ready to capitulate. In recent weeks, Blackstone sold the Griffin Towers office complex in Santa Ana for $82 million, or about 36% less than the firm paid in 2014, say people familiar with the matter. Principal Financial Group sold a Parsippany, N.J., office building for $14.3 million, down from the $52 million it paid in 2008, according to participants in the sale.

☆ Fewer Adults Have Life Insurance, but Skipping It Can Be Risky
▼ + stars: | 2023-05-15 | by ( ) www.wsj.com time to read: +11 min

But financial planners say a basic life insurance policy, especially products known as term life insurance, should be an important part of many Americans’ financial plans. A life insurance policy:Replaces lost income: If you were to pass away, your family could use your life insurance policy’s death benefit to replace your income. How to shop for life insuranceIf you’re ready to start shopping for a life insurance policy, follow these steps:1. According to PolicyGenius, an insurance marketplace, typical rates for a whole life policy, the most common type of permanent life insurance, are about 10 times the cost of a term life policy. Term Life Insurance Because term life insurance expires, it's often a far cheaper option.

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