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☆ When Kevin Tien's Washington, DC, restaurant abruptly closed, he took reopening it into his own hands
▼ + stars: | 2024-05-31 | by ( Jessica Van Dop Dejesus | ) www.businessinsider.com time to read: +7 min

His restaurant Moon Rabbit abruptly closed in 2023 when its landlord decided not to unionize, something the hospitality staff was pushing for. Tien opened Moon Rabbit again in the Penn Quarter neighborhood a year later — this time, as the chef/owner of the restaurant. Advertisement"We used our savings and everything we had to open Moon Rabbit. Look for community resourcesTien contacted his friends in the tight-knit Washington, DC, restaurant industry to learn best practices in opening Moon Rabbit. For AAPI entrepreneurs looking to lay their financial groundwork for starting a business, Tien suggests leaning into your local community.

Persons: —, Kevin Tien, Tien, that's, Judy Beltrano, Susan Bae, Alan Vo, Lean Organizations: Service, Business, we're, Insurance, Washington, Mayor's, Asian Affairs, Restaurant Association Metropolitan Washington Locations: Washington, DC, Louisiana, Southern, Penn

☆ The 15 U.S. cities where rent has declined the most—none are in the Northeast
▼ + stars: | 2024-05-29 | by ( Mike Winters | ) www.cnbc.com time to read: +1 min

Rent prices have been a lone bright spot amid high inflation, as one-bedroom homes in many cities are cheaper than they were a year ago. While one-bedroom rental prices ticked up 1.2% on a monthly basis in May, they've been mostly flat in 2024. The decline in rental prices in southern cities is largely due to increased construction of rental units, but also population loss in some cities, especially in California, Zumper's study says. The city has encouraged new construction through property annexation and zoning reform, adding thousands of rental units in 2023. Here's a look at the 15 U.S. cities with the largest drops in one-bedroom rental prices for the year ending May 24, according to Zumper's data.

Persons: Zumper, —, they've, Zumper's Locations: U.S, California, Greensboro , North Carolina

☆ Deadly storms turn northeast with 68 million at risk of severe weather on Memorial Day
▼ + stars: | 2024-05-27 | by ( Patrick Smith | ) www.cnbc.com time to read: +3 min

Flash flooding alerts were in place for 9 million people, mostly in Tennessee, Kentucky and southern Indiana. At least 68 million people were under severe weather warnings on Memorial Day, as storms turned toward the Northeast after claiming the lives of at least 19 people and leaving half a million homes and businesses without power across the central United States. Some emergency phones lines had been damaged and were not operational, Kentucky State Police said, according to NBC affiliate WNKY of Bowling Green, Kentucky. Monday's weather warnings come after a torrid night across southern states and in the Great Plains. Weather watchers posted pictures from Missouri and Kentucky showing huge, ominous funnel clouds as well as golf ball-sized hailstones.

Persons: Cindi Watts, Evan Garcia, Mike Morgan, Michelle Grossman, Brian Spurlock Organizations: REUTERS, NBC, Indianapolis, Indianapolis Motor Speedway, Getty, Kentucky State Police, Tornadoes, NWS, National Weather Service, Lone Star State, West, Associated Press Locations: Temple , Texas, U.S, Colorado, Rand, Denver, Jackson, Tennessee , Kentucky, Indiana, Arkansas, Tennessee, Ohio, East Coast, Carolinas, Pennsylvania, New York, United States, INDIANAPOLIS, Indianapolis , Indiana, Kentucky, Missouri, West Virginia, Bowling Green , Kentucky, Great, Texas, Oklahoma, Valley View , Texas, Fort Worth, West , Florida

☆ Africa’s richest man says he needs 35 visas to travel in Africa – way more than a European visitor
▼ + stars: | 2024-05-22 | by ( Larry Madowo | ) edition.cnn.com time to read: +5 min

The 67-year-old entrepreneur’s visa woes have reignited a fresh firestorm about the frustrations of traveling within Africa for Africans. But many African countries still require visas from other Africans and the experience is fraught with discrimination, hostility and sky-high fees. He has also been detained at airports in Kenya and South Africa because of his Nigerian passport. “There’s a fear in richer African countries that people from poorer nations might be looking for a way to permanently move there,” he explains. His new St Kitts passport allows him to go to more African countries than his Nigerian passport.

Persons: Aliko Dangote, ” Dangote, ”, Patrick, Pouyanné, Tayo Aina, Aina, YouTuber, hasn’t, Marco Longari, Alan Hirsch, “, Sotunde, William Ruto, Tayo Organizations: Rwanda CNN, Forum, CNN, African, African Continental Free Trade, Getty, University of Cape, New, Institute, Travelers, East African Community, Kenyan, REUTERS, Reuters Kenyan, St Kitts Locations: Kigali, Rwanda, Nigerian, Africa, “, Benin, The Gambia, Seychelles, Addis Ababa, London, Kenya, South Africa, Caribbean, St Kitts, Nevis, AFP, University of Cape Town, Johannesburg, Southern, West Africa, Abuja, Nigeria, East

☆ Goldman says buy call options in these stocks set to benefit from an AI-driven energy demand surge
▼ + stars: | 2024-05-15 | by ( Spencer Kimball | ) www.cnbc.com time to read: +1 min

Power demand is expected to surge over the next decade driven primarily by artificial intelligence and data centers, with natural gas , renewable and utility stocks poised to benefit, according to Goldman Sachs. AI and data centers will consume 8% of U.S. power demand by 2030, compared with 3% currently, according to Goldman projections. Natural gas will power 60% of the growth, while renewables are expected to make up the other 40%, according to the investment bank. Goldman recommends that investors buy call options for stocks most levered to the coming power demand surge. These buy-rated stocks are attractive because their current volatility is well below their median implied volatility, according to Goldman.

Persons: Goldman Sachs, Goldman, Kinder Morgan Organizations: Southern Company, Southern

☆ Indian election enters fourth phase amid heightened rhetoric over religion, inequality
▼ + stars: | 2024-05-13 | by ( ) www.cnbc.com time to read: +2 min

GHAZIABAD INDIA - APRIL 06: Prime Minister Narendra Modi greets supporters at a roadshow on April 06, 2024 in Ghaziabad, Uttar Pradesh, India. India's 2024 general election is set to be the world's largest democratic exercise, with over 969 million registered voters, more than the combined population of the EU, US, and Russia. (Photo by Elke Scholiers/Getty Images)India voted on Monday in the fourth phase of a seven-week long general election, as campaign rhetoric became more strident over economic disparities and religious divisions. "I appeal to all to vote for a decisive government," said Amit Shah, Modi's powerful aide and the country's interior affairs minister, as voting began. The lower turnout has raised doubts over whether BJP and its allies can win the landslide predicted by opinion polls.

Persons: Narendra Modi, Elke Scholiers, Amit Shah Organizations: EU, Bharatiya Janata Party, BJP Locations: GHAZIABAD INDIA, Ghaziabad, Uttar Pradesh, India, Russia, Telangana, Andhra Pradesh

Around 300,000 Palestinians in southern and northern Gaza are being forced to flee once again, the United Nations says, as Israel issued new and expanded evacuation orders on Saturday. But many are unsure where to find secure shelter in a place devastated by war. The expanded evacuation orders apply to the city of Rafah at Gaza’s southernmost tip, where more than a million Gazans have gathered after fleeing Israeli bombardment elsewhere over the past seven months. Some 150,000 people have already fled Rafah over the past six days, according to UNRWA, the United Nations agency that aids Palestinians. “Fear, confusion, oppression, anxiety is eating away at people.”

Persons: “, ”, Mohammad al, Masri Organizations: Nations, United Nations Locations: Gaza, Israel, Rafah

☆ Devastating tornadoes rip through Nebraska and Iowa, sending crews searching flattened homes as storm threat continues
▼ + stars: | 2024-04-27 | by ( Aya Elamroussi | ) edition.cnn.com time to read: +5 min

The severe weather threat is expected to continue through Sunday, with Saturday possibly being the most dangerous day. Strong tornadoes are possible from Michigan to Texas, including in Oklahoma City, Kansas City, Dallas, Milwaukee, Chicago and Austin. What to expect SaturdayMore than 50 million people are under the threat of severe weather Saturday from the Southern Plains into the Great Lakes region. “A complex but potentially significant severe weather episode is expected on Saturday,” the Weather Prediction Center said Friday. The tornado threat could ramp up considerably through the late afternoon and evening hours with “multiple strong tornadoes” possible, according to the prediction center.

Persons: “, Todd Schmaderer, ”, Douglas, Margery A, Beck, Kim Reynolds Organizations: CNN, National Weather Service, Saturday, Omaha Police, Minden , Iowa Gov, Prediction, Oklahoma City, Tulsa Locations: Nebraska, Iowa, Michigan, Texas, Elkhorn, Omaha , Nebraska, South, Minden, Oklahoma City , Kansas City, Dallas, Milwaukee, Chicago, Austin, Omaha, City, Douglas County, Nebraska’s Shelby, Lincoln , Nebraska, Waverly, Minden , Iowa, Pottawattamie County, •, Waco, Southern, Plains, Oklahoma, Kansas, Wisconsin, Illinois, Lower Mississippi Valley

☆ Ukraine can keep on fighting Russia — but the 'victory' it wants might be out of reach
▼ + stars: | 2024-04-26 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +4 min

Ukrainian servicemen practice combat drills involving a BMP-1 in Donbas, Ukraine as Russia-Ukraine war continues on March 19, 2024. But, with future aid uncertain, analysts question what "victory" Ukraine could realistically achieve against Russia — a country that has put its industries on a war footing and is able to mobilize hundreds of thousands more men to war. While additional aid allows Ukraine to keep on fighting Russian forces in the short stretch, a "victory" in the near-term is an unlikely prospect. What's more, what "victory" looks like for Ukraine, or its allies, could be a source of friction. This is particularly the case in eastern Ukraine, where it has enjoyed support from pro-Russian separatists for over a decade.

Persons: Teneo, Vladimir Putin, Natalia Kolesnikova, Tursa, Frankness, Oleksandr Musiyenko, Putin Organizations: Anadolu, Getty, Russia —, Afp, Centre for Military, Legal, U.S, CNBC Locations: Donbas, Ukraine, Russia, Kyiv, U.S, Central, Eastern Europe, Ukrainian, Crimea, Red, Moscow, Russian, Sevastopol

☆ Teamsters union endorses activist Ancora in Norfolk Southern proxy fight
▼ + stars: | 2024-04-25 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +3 min

Activist Ancora on Thursday won the support of the BMWED Teamsters in the investor's efforts to oust Norfolk Southern CEO Alan Shaw and a majority of the railroad's 13-person board. The labor group said it would back the activist's seven director nominees over Norfolk Southern management, a significant endorsement in an industry unusually dependent on union support. The support from the BMWED Teamsters, whose members build and maintain the track infrastructure that keeps Norfolk Southern trains moving, amounts to a sharp rebuke of Shaw and Norfolk Southern's board. Norfolk Southern and Ancora have been locked in a proxy contest for several months. Neuberger Berman, for example, is backing the activist and said that Norfolk Southern had a history of poor governance and that a boardroom change was needed.

Persons: Ancora, Alan Shaw, Shaw, Tony Cardwell, Cardwell, Jim Barber, Jamie Boychuk, Boychuk, Barber, It's, John Orr, Glass Lewis, Neuberger Berman Organizations: Thursday, Teamsters, Norfolk Southern, Norfolk, BMWED Teamsters, Labor, American Federation of Labor, Industrial Organizations, CSX, Ancora Locations: Norfolk Southern, Norfolk, U.S, East Palestine , Ohio, Washington

☆ Russia-Ukraine war updates: Zaporizhzhia nuclear plant struck by drones; Zelenskyy calls for more support amid Kharkiv bombardment
▼ + stars: | 2024-04-08 | by ( Elliot Smith | ) www.cnbc.com time to read: +1 min

The Russian-controlled Zaporizhzhia nuclear power plant in southern Ukraine on June 15, 2023. The United Nations' atomic energy watchdog sounded the alarm Sunday after drones struck a nuclear reactor at the Russian-held Zaporizhzhia nuclear plant in southern Ukraine. The International Atomic Energy Agency said the serious incident "endangered nuclear safety and security" as Europe's largest nuclear plant was directly targeted by military strikes for the first time since November 2022. Ukrainian President Volodymyr Zelenskyy on Sunday called for greater international support for his country's air defense systems, as Russia continues its aerial bombardment of Kharkiv and surrounding regions. Meanwhile, Russian Foreign Minister Sergei Lavrov arrived in China on Monday for talks over Ukraine and the situation in Asia-Pacific.

Persons: Volodymyr Zelenskyy, Sergei Lavrov Organizations: United Nations, International Atomic Energy Agency Locations: Russian, Ukraine, Russia, Kharkiv, China, Asia, Pacific, Odesa

Although the heaviest snow has ended, several more inches of snow are expected across large swaths of Maine and New Hampshire, according to the National Weather Service. “Low pressure in the Gulf of Maine will continue to bring accumulating snow through this evening along with gusty northeast winds,” the National Weather Service said. “Winds will also remain gusty and may result in additional downed branches and limbs due to the weight of freshly fallen snow,” the weather service added. Winter storm warnings and advisories have been extended for parts of New England through Friday morning, according to the National Weather Service. “Frost and freeze conditions will kill crops and other sensitive vegetation and possibly damage unprotected outdoor plumbing,” the weather service notes.

Persons: nor’easter, Janet Mills, “, Thursday’s, ”, Ed Warren, “ Frost Organizations: CNN, ”, National Weather Service, Westbrook School Department, Gorham School, WMUR, East, East Kingston Fire Department, Southern and, Storm Prediction, Colorado ., Storm Prediction Center Locations: Maine, New Hampshire, ” Maine, New England, Moretown , Vermont, Shapleigh , Maine, Gulf, Gulf of Maine, York County, State, Gorham, East Kingston , New Hampshire, East Kingston, East Coast, Vermont, New York, Central Plains , Ohio, Central Plains, Ohio, Missouri, Jefferson City , Columbia, Hannibal, Kansas, Arkansas, Springfield, Branson, Indiana, Kentucky, Indianapolis, Cincinnati, Louisville, Southern, Central, Southern and Central High Plains, Texas, New Mexico, Colorado, Colorado . Cities, Denver, Amarillo, Roswell

☆ Was Jesus a man of color? Why this question matters more than ever
▼ + stars: | 2024-03-31 | by ( John Blake | ) edition.cnn.com time to read: +17 min

But the question over the color of Jesus’ skin is a serious one this Easter, for two reasons. But there are some who say Jesus’ color should stay the same, or that it doesn’t matter at all. He concedes that there are barriers to worshipping a White Jesus that he, a White man, may not understand. Jesus didn’t simply care about the poor, he was poor.”Cleveland tells CNN that people who say Jesus’ color wasn’t important ignore history. She says the experience taught her how much White Christian nationalism and the White Jesus have merged.

Persons: CNN — Christena Cleveland, Thomas ”, Jesus, —, Cleveland, Thor, ”, Jesus didn’t, Megyn Kelly, “, Trump, Donald Trump, Al Drago, Gentile, Warner, he’s, Sallman, Edward J, Blum, Jesus Christ, Mario Tama, Christina L, Barr, ” Barr, he’d, coon, ” Antony Pinol, Pinol, God, Jesus doesn’t, ” Pino, Jeff Hutchens, Albert Cleage, George Floyd, Black, Dante Stewart, ” “, ” Stewart, James Cone, Toni Morrison, White, ‘ ’ Blum, MAGA, White MAGA Jesus, Paul Weaver, Drew Angerer, Jesus ’, Frederick Buechner, John Blake Organizations: CNN, Cleveland, TSA, Fox News, Bloomberg, Getty, CARE, New York Times, Christ, America, Communist Party, Warner, Republican Party, Black Tea News, Pennsylvania State Capitol, Christianity Locations: Cleveland, Hollywood, barbershops, Santa Claus, America, White, Avoca , Pennsylvania, Israel, Port, Prince, Haiti, Africa, Dillon , South Carolina, Asia, Southern, Eastern Europe, Rome, Harrisburg , Pennsylvania, Gaza, New York City

How the Key Bridge Collapsed in Baltimore: Maps and PhotosOn Tuesday, a major bridge in Baltimore collapsed into the water seconds after it was struck by a cargo ship, sending vehicles on the bridge into the river below. The collapsed span, the Francis Scott Key Bridge, is part of Interstate 695 and spans 1.6 miles over the Baltimore Harbor. Baltimore Francis Scott Key Bridge Patapsco River Patapsco River The ship left the Port of Baltimore around 1 a.m. on Tuesday. Francis Scott Key Bridge The ship hit the bridge at 1:28 a.m. 1 mile Francis Scott Key Bridge Patapsco River Where impact occurred Direction of the ship 200 feet Baltimore The ship left the Port of Baltimore around 1 a.m. on Tuesday. Patapsco River Francis Scott Key Bridge The ship hit the bridge at 1:28 a.m. 1 mile Francis Scott Key Bridge Patapsco River Where impact occurred Direction of the ship 200 feet Sources: Spire Global, Google Earth The New York TimesThe ship that hit the bridge is a 948-foot-long cargo vessel called Dali.

Persons: Francis Scott Key, Baltimore Harbor . Baltimore Francis Scott Key, Scott Key, Wes Moore Organizations: Baltimore, Port, Google, New York Times, YouTube, Coast Guard Locations: Baltimore, Baltimore Harbor . Baltimore, Port of Baltimore, Patapsco, Dali, Colombo, Sri Lanka, Port, Southern, Maryland

GAZA StripWhy Isn’t More Aid Getting to Gazans? From El Arish, the trucks carrying aid typically undergo security checks in Rafah, Egypt, shortly before reaching the border with Gaza. One arrow points from near Rafah crossing to Kerem Shalom crossing, and a second arrow points from near Rafah crossing to Nitzana crossing. One arrow points from Nitzana crossing to Rafah crossing, and another points from Nitzana to Kerem Shalom crossing. More than a hundred Gazans died near a convoy on Feb. 29, after thousands massed around aid trucks.

Persons: Israel El Arish JORDAN Trucks, Balah Netivot Khan Younis Ofakim, Balah Khan, Salah Al Din, Rashid, Kerem, Khan Younis, Al Rashid, Israel, Trucks, Scott Anderson, Shimon Freedman, COGAT, Freedman, Mr, Anderson, Gazans, ”, Naser Qadous, Balah, Khan Younis Ofakim, Carl Skau, Sarah Schiffling, Deir, Younis Ofakim, Deir al, Biden, it’s, Schiffling, Juliette Touma, ” Ms, Touma Organizations: United Nations, West Bank Ships, Bank, Israel El Arish Trucks, Jordan, El Arish Egypt Israel Nitzana, Arrows, UNRWA, Food, Food Program, Hanken School of Economics, Central Locations: GAZA, Gaza, Gaza’s, SyRIA, Port, Israel El Arish, Cairo Egypt Saudi Arabia, Bank GAZA, Jordan Egypt, Ashkelon Gaza, Rafah, Egypt, El Arish Egypt Israel, Egypt Rafah, Egypt Israel, Rafah Rafah, Kerem, Kerem Shalom, Sderot GAZA, Gaza City Sderot Al Rashid, El Arish, Port Sa’id, Jordan, From El Arish, Nitzana, Israel, United States, Anera, ”, Khan Younis Ofakim Israel Rafah, Shalom, U.S, Air, France, Finland, Gaza City, Cyprus, Sderot, Balah, Deir

☆ When Cicadas Emerge, Things Might Get a Little Wet
▼ + stars: | 2024-03-11 | by ( Alla Katsnelson | ) www.nytimes.com time to read: +1 min

This spring, when the ground temperature hits 64 degrees Fahrenheit, trillions of cicadas will dig their way up from beneath the soil across the Southern and Midwestern United States. In a rare so-called double emergence, two distinct cicada broods — one on a 13-year life cycle and the other on a 17-year one — will take to the trees to sing, eat and mate. And though we may prefer not to think about it, considering their lodgings in the branches above, the cicadas will also eliminate waste in the form of urine. Despite their size, cicadas have an impressively powerful stream, scientists reported in an article published Monday in the journal Proceedings of the National Academy of Sciences. The researchers adapted a fluid dynamics framework based on features like surface tension and the effects of gravity to map out how animals of different sizes, from mosquitoes to elephants, might pee.

Persons: Saad Bhamla Organizations: Southern, Midwestern, National Academy of Sciences, Georgia Institute of Technology Locations: Midwestern United States

☆ Deliberate toxic burn following Norfolk Southern derailment was not necessary, safety regulator testifies
▼ + stars: | 2024-03-06 | by ( Chris Isidore | ) edition.cnn.com time to read: +5 min

The officials on the ground who authorized the controlled burn were told they had only minutes to make the decision before an explosion. Aerial view of a train cars that had carried vinyl chloride taken two days after a controlled burn of the toxic chemicals in the tanks. NTSB Chair Jennifer Homendy testified at a Senate committee Wednesday that the controlled burn was not scientifically necessary. “The people of East Palestine are still living with the consequences of this toxic burn. So they were provided incomplete information to make a decision [to have a controlled burn].”

Persons: Sen, J.D, Vance, Jennifer Homendy, Homendy, ”, ” Vance, Sherrod Brown, Brown, “, Oxy, ” Homendy, didn’t Organizations: New, New York CNN, National Transportation Safety, Ohio Republican, Norfolk, Wednesday, “, Norfolk Southern, US, Ohio EPA Locations: New York, East Palestine , Ohio, Ohio, Norfolk Southern, Pennsylvania, Palestine, East Palestine, Norfolk

☆ Top stocks to play the future of energy from an investor managing a $5 billion Vanguard fund
▼ + stars: | 2024-03-02 | by ( Spencer Kimball | ) www.cnbc.com time to read: +8 min

The Vanguard Energy Fund originated in 1984 and until Levering arrived, it had focused for more than three-decades on oil, gas and coal investments. "My view was that's fossil fuel energy — that's not energy," Levering told CNBC in an interview. Levering took over the Vanguard fund in 2020 as the Covid-19 pandemic had effectively shut down the global economy. Levering said the Vanguard Energy Fund is structured to remain resilient and deliver returns through its hybrid approach, regardless of the macroeconomic turns the world takes. European oil majors The Vanguard Energy Fund remains heavily weighted toward oil and gas companies.

Persons: Tom Levering, Levering Organizations: Vanguard Energy Fund, CNBC, Vanguard, Wellington Management, U.S, Congress, Invesco, Utilities, Duke Energy, Shell, BP Locations: Covid, Russia, Ukraine, French, Southern

☆ The war in Ukraine in 12 key moments
▼ + stars: | 2024-02-24 | by ( Sophie Tanno | ) edition.cnn.com time to read: +13 min

We’ve been taking a look at some of the most significant moments of the war so far. Putin’s announcement signaled the start of Russia’s war in Ukraine, which has so far cost the lives of over 10,300 civilians, according to the United Nations. May 20, 2023: Russia takes control of BakhmutUkrainian army medics treat wounded soldiers at a stabilisation point near Bakhmut frontline. June 2023: Ukraine counteroffensiveUkrainian soldiers shoot rounds into Russian positions with an S60 anti-aircraft canon placed on a truck, outside Bakhmut. February 8, 2024: Ukraine military chief firedCommander-in-Chief of the Armed Forces of Ukraine Valerii Zaluzhnyi during an event dedicated to Ukraine's Independence Day on August 24, 2023 in Kyiv.

Persons: Vladmir Putin, Putin, We’ve, ’, Volodymyr Zelensky, Pavel Klimov, ”, Marko Djurica, Russia's, Kolya Serga, Ed Ram, Sefa, Diego Herrera Carcedo, Moscow, Bakhmut, Wojciech Grzedzinski, Wagner, Prigozhin, Reuters Yevgeny Prigozhin, Russia’s Wagner, Alexander Lukashenko, Mike Johnson, Samuel Corum, Ukraine Valerii, Yan Dobronosov, Zelensky, Ukraine’s, General Valerii Zaluzhnyi, CNN’s Jennifer Hauser, Victoria Butenko, Daria Tarasova, Andrew Carey Organizations: CNN, NATO, Reuters, Ukraine, United Nations, Presidential Press, Snake, Social Media, Anadolu Agency, Concord, Putin, Getty, Republican, Armed Forces, Moscow Locations: Russia, Ukraine, Moscow, Russia’s, Kyiv, United States, Russian, West, Dnipro, Hroza, Kharkiv, Bucha, Moskva, Crimea, Kherson, Ukrainian, Kremlin, Belgorod, Bakhmut, NATO, Robotyne, Mariupol, Washington , DC, Avdiivka

A railroad stock and a fast food giant were in focus Wednesday among early analyst calls. Barclays raised its rating on Norfolk Southern to a buy-equivalent rating, and his new price target calls for about 20% upside. The firm downgraded the retailer to reduce from hold and maintained a $323 per share price target. — Brian Evans 5:44 a.m.: Barclays upgrades Norfolk Southern Norfolk Southern could see a shake-up to its leadership, and Barclays thinks these changes could lead to strong gains for the stock. He also hiked his price price target to $305 from $255.

Persons: SolarEdge's, Morgan Stanley, Andrew Percoco, Goldman Sachs, Brian Lee, SEDG, Vikram Bagri said.Bagri, — Brian Evans, Piper Sandler, Piper Sandler's, Rob D, Owens, Brian Evans, Daniela Bretthauer, John Ivankoe, Brandon Oglenski, Ancora, It's, Alan Shaw, Oglenski, Fred Imbert Organizations: CNBC, Barclays, Norfolk, JPMorgan, Palo Alto Networks, billings, Palo Alto, HSBC downgrades Home, Depot, HSBC, Home Depot, JPMorgan downgrades, Norfolk Southern, NSC Locations: Wendy's, Norfolk Southern Norfolk Southern, Norfolk Southern, Norfolk

☆ Why only a trickle of aid is getting into Gaza
▼ + stars: | 2024-02-11 | by ( Nadeen Ebrahim | ) edition.cnn.com time to read: +10 min

Getting any form of relief into Gaza is a long and arduous process, aid workers and the UN say. An average of 95 aid trucks per day entered Gaza between October 10 and February 1, according to the Palestinian Red Crescent, down from 500 commercial and aid trucks a day before the war, when Palestinians weren’t facing mass displacement and starvation. Following pressure from the US, Israel began allowing aid trucks to pass through Kerem Shalom in late December. Protesters blocking trucksIsraeli protesters have more than once blocked trucks carrying humanitarian aid for Gaza via Israeli crossings. Risk of bombardmentOnce relief enters Gaza, Israeli bombardment, damage to roads from airstrikes, communications blackouts and mass displacement impede distribution within the enclave.

Persons: Martin Griffiths, Yoav Gallant, Israel, Juliette Touma, Philippe Lazzarini, ”, ” Lazzarini, Kerem Shalom, Sameh Shoukry, Erez, Khan Younis, Belal Al Sabbagh, “, Griffiths, ” Touma, Khan, Abed Zagout, Touma Organizations: CNN, United Nations, Humanitarian Affairs, Emergency Relief, UN, Palestinian, Palestine, UNRWA, Israeli Defense Forces, International Court of Justice, Getty, ” Trucks, Food Programme, IDF, United Nations Children's Fund, UNICEF, Food Locations: Gaza, Israel, United States, Territories, Egypt, Rafah, Khan, AFP, Kerem Shalom, Khan Younis, Anadolu, ”, Gaza City

Kyiv, Ukraine CNN —President Volodymyr Zelensky has announced the dismissal of Ukraine’s top commander, General Valerii Zaluzhnyi, in the biggest military shakeup since the start of Russia’s full-scale invasion almost two years ago. Oleksandr Syrskyi will become Ukraine's new military chief, in a consequential move by Zelensky. Launched last June, Ukraine’s counteroffensive in particular aimed to push south towards the Sea of Azov, splitting Russia’s forces in two and cutting its land bridge to Crimea. Despite the failure of Ukraine’s counteroffensive, the now-former military chief remains one of the most popular leaders in the country. With Ukraine’s independence in 1991, he rose through the ranks of the Ukrainian armed forces becoming a Major General in 2009.

Persons: Volodymyr Zelensky, Ukraine’s, General Valerii Zaluzhnyi, Zelensky, Zaluzhnyi, “, ” Zelensky, Oleksandr Syrskyi, Zaluzhnyi –, –, , ”, Syrskyi Organizations: Ukraine CNN, Armed Forces, Ukrainian Land Forces, CNN, Economist, Zelensky, Ukraine’s, Kyiv Institute of Sociology, Analysts, Soviet Union Locations: Kyiv, Ukraine, Russian, Russia, Azov, Crimea, Orikhiv, Tokmak, Kharkiv, Zaporizhzhia, Soviet, Moscow, Ukrainian

Before last year, paid sick leave was generally not offered to railroad workers. That's instead of joining all the other major freight railroads in negotiating jointly with rail unions on an agreement over pay and benefits. The rail industry reached the brink of a strike in the fall of 2022 before Congress and President Joe Biden intervened to force rail workers to accept a contract. Union Pacific, BNSF and Norfolk Southern now have paid sick time agreements in place with all their unions. Canadian National also trails behind the big U.S. railroads, but still offers sick time to about 46% of its U.S. workers.

Persons: —, Ed Dowell, CPKC “, ” CPKC, That's, Patrick Waldron, ” Waldron, “, CPKC, Joe Biden, wouldn't Organizations: Rail, CPKC's, American Train, Association, Kansas City Southern, Canadian Pacific, CSX, Union Pacific, Norfolk, Canadian Locations: OMAHA, Neb, Kansas City , Missouri, CPKC's U.S, Minnesota, U.S, Calgary, United States, Kansas City, Kansas, Canadian Pacific, North America, BNSF, Norfolk Southern

☆ Single HENRYs are fleeing West Coast cities like San Francisco and Los Angeles for the Sunbelt, study finds
▼ + stars: | 2024-02-06 | by ( Eliza Relman | Noah Sheidlower | ) www.businessinsider.com time to read: +5 min

These movers are disproportionately higher-income, a new Bank of America report found. Las Vegas and Phoenix are the only Western cities Bank of America analyzed that had population increases compared to first quarter 2020. Housing costs are a major reason people are leaving West Coast cities for the Sunbelt. But many Sunbelt cities have more permissive land-use and zoning regulations than their coastal counterparts, meaning they're often better equipped to keep up with rising demand by building more homes. Both West Coast and Sunbelt cities that aggressively restrict housing construction will likely continue to face affordability crises.

Persons: — Organizations: Coasters, Bank of America, Service, Bank of, Jacksonville, Las, metros Locations: Southwestern, West Coast, San Francisco, Los Angeles, Las Vegas, Florida, Georgia, Texas, Austin, San Antonio, Francisco, Seattle, Portland, San Diego, Phoenix, Miami, Orlando, Tampa, South, West

GUALBA, Spain (AP) — Plastic jugs in hand, Joan Torrent takes a path into the woods in search of drinking water. The drought emergency, which takes effect Friday, limits the daily amount of water permitted for residential and municipal purposes to 200 liters (53 gallons) per person. Catalonia’s water agency says the average resident uses 116 liters (30 gallons) per day at home. Gualba's name, according to local lore, means “white water” thanks to the streams flowing down from the Montseny mountain that overlooks the village. Only the Guadalete-Barbate river basin in southern Andalusia, which faces similar shortages and restrictions, is worse off at 14.6%.

Persons: Joan Torrent, Gualba, don’t, ”, Jordi Esmaindia Organizations: ” Locations: Spain, Gualba, Barcelona, Spain’s, Catalonia, Llobregat, Andalusia

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