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☆ Tesla shareholder calls on board to suspend Elon Musk for agreeing with antisemitic post
▼ + stars: | 2023-11-20 | by ( Matt Egan | ) edition.cnn.com time to read: +2 min

New York CNN —Tesla’s board of directors should suspend Elon Musk for endorsing antisemitic views on social media, according to one investor in the electric vehicle company. Discovery and other major brands to halted advertising on X, which is owned by Musk. Tesla’s board should put Musk on leave for 30 to 60 days and require him to attend empathy training and/or therapy, Braakman argued. Not only is Musk viewed as the single most important person at Tesla, but he sits on the board of directors and is the largest individual shareholder. Tesla board is led by Denholm and includes James Murdoch, venture capitalist Ira Ehrenpreis, Musk’s younger brother Kimbal and Musk himself.

Persons: New York CNN —, Elon Musk, Jerry Braakman, Musk, ”, ” Braakman, Braakman, “, Tesla, Robyn Denholm, James Murdoch, Ira Ehrenpreis, Kimbal, Bill Ackman, ” Ackman Organizations: New, New York CNN, First American Trust, Whites, CNN, Warner Bros ., Musk, Media Matters, Denholm, Harvard Locations: New York, Santa Ana, Calif

☆ 11 U.S. cities where you need to earn more than $200,000 to buy a home
▼ + stars: | 2023-11-17 | by ( Mike Winters | ) www.cnbc.com time to read: +2 min

You'll need to make over $200,000 annually to afford a home in some California cities, a recent National Association of Realtors report reveals. Perhaps unsurprisingly, cities that require the highest income are large urban coastal hubs where homes tend to be more expensive. In California, homes are both desirable and scarce, which is why the state has some of the highest home prices in the U.S. Here are the 11 metro areas where households need to earn over $200,000 to afford a median-priced home. Similarly, homes in smaller rust belt and rural cities are much cheaper compared with some cities in California.

Persons: Warren Buffett Organizations: National Association of Realtors, Thousand Oaks, San Locations: California, San Jose, Sunnyvale, Santa Clara , California, Anaheim, Santa Ana, Irvine , California, Francisco, Oakland, Hayward , California, Honolulu, Hawaii, Diego, Carlsbad , California, Salinas , California, Oxnard, Ventura , California, Angeles, Long, Glendale , California, San Luis Obispo, Paso Robles , California, Boulder , Colorado, Naples, Marco Island, Florida, Decatur , Illinois, Charleston , West Virginia, Erie , Pennsylvania, Youngstown , Ohio

The San Diego Zoo sent its pandas home in 2019 and the last bear at the Memphis, Tennessee, zoo went home earlier this year. Whatever the reason, San Diego Zoo officials were hopeful. "It is a moment with some heartbreak in it,” National Zoo Director Brandie Smith said at the time. The San Diego Zoo has been panda-less for four years and may need to upgrade or refurbish its facilities. The National Zoo had announced plans to renovate its panda house and outdoor enclosure, but the timing on those plans is unclear.

Persons: —, Xi Jinping, Xi, Mei Xiang, Tian Tian, Xiao Qi Ji —, ”, Daniel Ashe, ” Dennis Wilder, ” Wilder, Wilder, Gavin Newsom's, Xi’s, Paul A, Baribault, Ling, Hsing, Brandie Smith, Le Le, Didi Tang, Amy Taxin Organizations: WASHINGTON, San Diego Zoo, National Zoo, Atlanta Zoo, Veteran, Economic Cooperation, Association of Zoos, Aquariums, Georgetown University’s Initiative, U.S, California Gov, San Diego Zoo Wildlife Alliance, “, Zoo, Associated Press Locations: America, California, San Diego, U.S, Memphis , Tennessee, China, Veteran China, People's Republic, Asia, San Francisco, United States, Washington, Memphis, Santa Ana , California

☆ Turning a tiny fraction of America's dead strip malls into housing could create 700,000 new apartments
▼ + stars: | 2023-11-03 | by ( Eliza Relman | ) www.businessinsider.com time to read: +5 min

Old or vacant strip malls offer a promising opportunity to create much-needed new housing. A new report found that converting 10% of strip malls into housing could create 700,000 new homes. Urban planners and developers across the country are pushing a fix for both: converting strip malls into housing. But when it comes to strip mall conversions, finding the right property to redevelop is the bigger challenge. And older strip malls are often costlier to maintain than to tear down and redevelop.

Persons: —, Ahmad Abu, Khalaf, It's Organizations: Service, Enterprise Community Partners, International Council of Shopping Centers, Sears Locations: Ahmad, Cities, Abu, Santa Ana , California, Irondequoit , New York

☆ California wildfire, fueled by desert winds, forces evacuations
▼ + stars: | 2023-10-31 | by ( Omar Younis | ) www.reuters.com time to read: +2 min

[1/5] A firefighter works to extinguish the Highland Fire, a wind driven wildfire near Aguanga, California, U.S., October 31, 2023. REUTERS/Mike Blake Acquire Licensing RightsTEMECULA, California, Oct 31 (Reuters) - A Southern California wildfire fueled by desert winds burned 2,487 acres (1,010 hectares) and prompted evacuation orders for more than 4,000 people in Riverside County, officials said on Tuesday. The seasonal phenomenon occurs when dry desert air blows toward the ocean, creating a fire hazard in Southern California. Some 1,220 homes and 4,270 residents were under mandatory evacuation orders, with another 1,136 homes and 3,976 residents under evacuation warnings, Cal Fire spokesperson Thomas Shoots said. Southern California has had a mild fire year in 2023, after unusually heavy rainfall that included the first tropical storm to reach heavily populated areas in the state in 84 years.

Persons: Mike Blake, Thomas Shoots, Barb Bommarito, Robert Duke, Duke, Omar Younis, Daniel Trotta, Mary Milliken, Jonathan Oatis, Tom Hogue Organizations: REUTERS, Rights, Highland Fire, California Department of Forestry, Fire Protection, Fire, Cal Fire, Thomson Locations: Aguanga , California, U.S, Rights TEMECULA , California, Southern California, Riverside County, Santa, Temecula, Aguanga, Carlsbad , California

AGUANGA, Calif. (AP) — A wildfire fueled by gusty Santa Ana winds ripped through rural land southeast of Los Angeles on Monday, forcing about 4,000 people from their homes, fire authorities said. The so-called Highland Fire erupted at about 12:45 p.m. in dry, brushy hills near the unincorporated Riverside County hamlet of Aguanga. The winds were expected to ease somewhat overnight and fire crews would attempt to box in the blaze, LaRusso said. Southern California was seeing its first significant Santa Ana wind condition. The National Weather Service said Riverside County could see winds of 15 to 25 mph (24 to 40 kph) through Tuesday with gusts as high as 40 miles per hour (64 kph) .

Persons: Jeff LaRusso, LaRusso Organizations: National Weather Service Locations: Calif, Santa, Los Angeles, brushy, Riverside County, Aguanga, Southern California, Santa Ana, Pacific, California, Riverside

☆ 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

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