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LeBron James joined yet another exclusive club, and he’ll have plenty of familiar faces alongside him at the NBA All-Star Game. James is an All-Star — and an All-Star starter — for the 20th time, with the league unveiling the results of this season’s starter balloting on Thursday night. Durant is a 14-time selection now, one of only 11 players in NBA history to be picked that many times. Tatum set an All-Star Game record last season, scoring 55 points in Salt Lake City on the way to MVP honors. This year’s All-Star Game goes back to the traditional East-vs.-West format, which was utilized in the first 66 NBA midseason classics.

Persons: LeBron James, James, —, Kareem Abdul, Jabbar, Phoenix’s Kevin Durant, Denver’s Nikola Jokic, Dallas ’ Luka, Oklahoma City’s Shai Gilgeous, Alexander, Stephen Curry, Durant, Milwaukee’s Giannis Antetokounmpo, Boston’s Jayson Tatum, Philadelphia’s Joel Embiid —, Tatum, Milwaukee's Damian Lillard, “, ” Tatum, it’s, Curry, Boston's Jaylen Brown, York's Jalen Brunson, Atlanta's Trae, Cleveland's Donovan Mitchell, Miami's Bam Adebayo, Anthony Davis, Orlando's Paolo Banchero, Sacramento's De'Aaron Fox, Phoenix's Devin Booker, Kawhi Leonard, Philadelphia's Tyrese Maxey, Minnesota's Anthony Edwards, ” Haliburton, I’ve, ”, Antetokounmpo, ” Durant, Adam Silver, Gordie Howe, Hank Aaron, Willie Mays, Stan Musial, Howe, Aaron, Mays, Musial, Mickey Mantle, it’ll, SportsMediaWatch, ” Joe Dumars, ___ Organizations: NBA, Star, Western Conference, Golden State, Eastern Conference, Haliburton, TNT, Los Angeles Lakers, Los Angeles Clippers, NHL, Major League Baseball, Star Games, Kobe Bryant’s, League, TBS Locations: Indianapolis, Dallas, Dallas ’ Luka Doncic, Oklahoma, Salt Lake City, Miami, Indiana, Indy, U.S

SAN FRANCISCO (AP) — For Dejan Milojević, the Golden State Warriors and Atlanta Hawks stood united on one sideline near their team benches and listened as the Serbian national anthem played in his honor. Golden State returned to the court for the first time since losing its beloved assistant coach last week in Salt Lake City. Two members of the Hawks were right next to Warriors coach Steve Kerr as he spoke of Milojević's profound impact on every person he encountered. Hawks assistant coach Igor Kokoskov was the Serbian national team coach and hired Milojević onto his staff. Obviously different from the Warriors team and all of their players, coaches, and their organization but, being Serbian there’s a unique connection that those guys have in this instance.”___

Persons: Dejan Milojević, Milojević, Steve Kerr, Bogdan Bogdanovic, Igor Kokoskov, Natasa, Masa, Nikola, Kerr, ” Kerr, We’ve, there’s, ”, Quin Snyder, ” Snyder Organizations: FRANCISCO, Golden State Warriors, Atlanta Hawks, Serbian, Golden State, Chase Center, Hawks, Warriors, Milojević’s, Partizan team, Serbian national, Jazz, Dallas, ” Hawks Locations: Salt Lake City, Atlanta, Belgrade, Serbian

☆ Small cities to watch in 2024: Why these 4 underrated locales are drawing movers from big cities
▼ + stars: | 2024-01-22 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +5 min

Some movers are giving up on Los Angeles and Dallas for smaller cities in Texas and Nevada. The cherry on top is the relatively affordable real estate compared to other cities. That lump sum of cash got some movers in the door, but the booming job market and relatively affordable housing are keeping them there. New Braunfels, Texas Regan Bender/ShutterstockPeople flock to the Lone Star state, but not always to the usual destinations. New Braunfels, Texas, attracts more movers than Austin and Dallas today with its relatively affordable homes and dearth of job opportunities.

Persons: —, Vegas , Nevada Wendy Lee Las, Richard Katz, Katz, Andrew Arevalo, Adam Outlaw, Outlaw, New Braunfels , Texas Regan Bender, Anna Lagos, we'd, Jean Tanner Organizations: Service, Austin, . Topeka , Kansas Getty, Topeka, Lone Star, Adobe, Meta, Microsoft Locations: Los Angeles, Dallas, Texas, Nevada, New York, Austin, Las Vegas, New Braunfels , Texas, Topeka , Kansas, Provo , Utah, Vegas , Nevada, Sin, Virginia, Vegas, . Topeka , Kansas, Topeka, Boston, California, San Antonio, New Braunfels, Lagos, Denver, Salt Lake City, Provo

☆ Will Passports Be Replaced by Biometrics?
▼ + stars: | 2024-01-18 | by ( Christine Chung | More About Christine Chung | ) www.nytimes.com time to read: +1 min

In the year ahead, the use of biometrics — an individual’s unique physical identifiers, such as fingerprints and faces — will be expanded at airports in the United States and abroad, a shift to enhance security, replace physical identification such as passports and driver’s licenses, and reduce the amount of time required by travelers to pass through airports. Biometric technology will be seen everywhere from bag drops at the check-in counters to domestic security screening. This program is currently available at 30 airports nationwide, including Salt Lake City International Airport and Denver International Airport; the T.S.A. said it will expand to more than 400 airports in the coming years. The pilot program is now available at five airports, including La Guardia Airport and Los Angeles International Airport.

Persons: Greg Forbes, Delta’s Organizations: Transportation, Administration, Salt Lake, International Airport, Denver International Airport, Delta Air Lines, U.S . Customs, Border Protection, La Guardia Airport, Los Angeles International Airport Locations: United States, Salt

CNN —It was supposed to be a routine court appearance this week for Nicholas Rossi, who is facing a rape charge in Utah. After he was arrested in 2021 in Scotland, Rossi described himself as an Irish orphan who had never visited the United States. He denied being a rape suspect and gave his name as "Arthur Knight Brown." In Scotland, Rossi often appeared in court via video, saying he was not well enough to attend in person. “He appears today as Arthur Knight but has previously been identified by medical professionals and civilians as Nicholas Rossi,” the prosecutor told the court.

Persons: Nicholas Rossi, Rossi, ”, Arthur Knight Brown, Rossi “, ” Rossi, Nicholas Alahverdian, Scotland ater, He’s, Weeks, “, David Leavitt, ” He’s, Norman McFadyen, coronavirus, McFadyen, ” Nicholas Rossi, Jeff J Mitchell, ” Leavitt, —, Nicholas Brown, Arthur Winston Brown, Arthur Knight, That’s, Rossi’s Organizations: CNN, Scotland, Alahverdian, Rhode, Police, FBI, Providence Journal, Interpol, Edinburgh Sheriff Court, Edinburgh Locations: Utah, Scotland, United States, Ireland, Orem, Salt Lake City, He’s, Salt Lake County, Salt Lake, Ohio, Rhode Island and Massachusetts, Dublin, Europe, Rhode, Eastern Europe, Rhode Island, Glasgow, Edinburgh

☆ Falling Domestic Fares and an A.I. Arms Race: What Travelers Can Expect in 2024
▼ + stars: | 2024-01-18 | by ( Christine Chung | ) www.nytimes.com time to read: +21 min

Arms Race: What Travelers Can Expect in 2024 At the start of what promises to be a very busy year, we look ahead at what you’re likely to encounter. With 2023 in the rearview mirror, we look ahead at what travelers will face in 2024. At United Airlines, for example, smarter software can offer rebooking options and issue food and lodging vouchers when a flight is canceled, rather than just rebooking a flight. United Airlines has suspended its flights indefinitely, said Josh Freed, a United spokesman. This year, travelers are expected to choose faraway places and board small ships, according to Virtuoso, the consortium of luxury travel agencies.

Persons: Chanelle, Hayley Berg, ” Ms, Berg, “, Robert W, Mann Jr, ”, Chad Burt, Oren Etzioni, Gilbert Ott, Hopper, Greg Forbes, Delta’s, Neville Pattinson, Mr, Pattinson, biometrics, Laura Lindsay, Joshua Smith, Smith, Laurel Brunvoll, Michael Zeiler, Airbnb, We’ve, Jamie Lane, ‘, ’ ”, Jan Freitag, “ We’ve, David Whiteside, Brian Kelly, Guy, Leigh Rowan, “ There’s, Kelly, Rowan, ” Mr, James Thornton, Sharm el Sheikh, Khaled Ibrahim, Harry Rubenstein, Rubenstein, Eyal Carlin, Josh Freed, Jack Ezon, Tom Marchant, Beth McGroarty Organizations: World Tourism Organization, International Air Transport Association, Analysts, Express Global, ”, airfare, University of Washington, United Airlines, Transportation, Administration, Salt Lake, International Airport, Denver International Airport, Delta Air Lines, U.S . Customs, Border Protection, La Guardia Airport, Los Angeles International Airport, biometrics, Thales, Air, American Airlines, Global, “, —, MidX Studios, LivSmart Studios, Hilton, Hyatt Studios, Accor Hotels, Boston University, Visa, Mastercard, Walmart, Target, Savanti, Chase, Intrepid Travel, Amisol Travel, East Travel Alliance, United, Consumers, Ki’ama, Wellness, Global Wellness Institute Locations: United States, Point.me, Salt, North America, London, Rome, Tokyo, Cancún, Las Vegas, Cayman Islands, Polynesia, Europe, Norway, Denmark, Air Canada, Bergen, Flam, Scandinavia, Italy, France, Malta, Slovenia, Maryland, Spain, Portugal, Britain, Egypt, India, Mexico ; Cape Girardeau, Mo, Niagara Falls, N.Y . Texas, Burnet, Sulphur Springs, New York, Vienna, Marriott, Israel, Jordan, Oman, Oman —, Tunisia, Northern Africa, Sharm, Cairo, Amisol Travel Egypt, Jerusalem, Tel Aviv, Ramle, Kimberley, Western Australia, Mitre, Patagonia, Ki’ama Bahamas, Bahamas, South Africa, Hudson, Tuxedo Park, N.Y, Malibu , Calif, Mexico

☆ Posting a TikTok video of yourself getting laid off is good, actually
▼ + stars: | 2024-01-17 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +5 min

A video of a woman filming herself getting laid off from Cloudflare went viral on Tiktok. Over the last year, we've seen similar TikToks of people filming themselves getting laid off. AdvertisementA trend on TikTok that's been simmering for a while but really went mainstream this week has been people (mostly young women) filming themselves getting laid off from their corporate tech jobs. Last week, one in particular made headlines as the young woman getting laid off from CloudFlare pushed back at the HR rep leading the call. It won't necessarily stop you from getting laid off if the ax falls on your department, but demystifying the process is good for workers.

Persons: we've, —, Mickella Simone Miller, Miller, that's, CloudFlare, doesn't, Chloe Shih, it's, Shih Organizations: Service, DMs Locations: Salt Lake City

SALT LAKE CITY (AP) — The U.S. Forest Service on Wednesday withdrew its approval of a right-of-way permit that would have allowed the construction of a railroad project through about 12 miles (19 kilometers) of roadless, protected forest in northeastern Utah. It would allow them to access larger markets and ultimately sell to refineries near the Gulf of Mexico. An attempt to reach the Seven County Infrastructure Coalition, which is spearheading the project, was unsuccessful Wednesday evening. In the August ruling, the Washington, D.C.-based appeals court decided that a 2021 environmental impact statement and opinion from the federal Surface Transportation Board were rushed and violated federal laws. The Forest Service's decision Wednesday to withdraw its approval was based on the appeals court ruling, but Ashley National Forest Supervisor Susan Eickhoff said the agency could issue a new decision if deficiencies in the environmental impact statement are addressed.

Persons: “, Ted Zukoski, Susan Eickhoff Organizations: LAKE CITY, U.S . Forest Service, Wednesday, Railway, Center for Biological Diversity, County Infrastructure Coalition, D.C, Transportation Board, National Locations: U.S, Utah, Ashley, Uinta, Gulf of Mexico, Colorado, Gulf, Washington, Eagle

☆ Golden State Warriors assistant coach Dejan Milojević dies at 46 after heart attack
▼ + stars: | 2024-01-17 | by ( David K. Li | John Filippelli | ) www.cnbc.com time to read: +2 min

Golden State Warriors assistant coach Dejan Milojevic looks on before the game against the Houston Rockets on February 24, 2023 at Chase Center in San Francisco, California. Golden State Warriors assistant coach Dejan Milojević died on Wednesday, officials said, after suffering a heart attack at dinner the night before in Salt Lake City. "We are absolutely devastated by Dejan Milojević's sudden passing," Warriors coach Steve Kerr said in statement issued by the team. Kerr said Milojević was a relentlessly upbeat person "who brought joy" to others every day. The 6-foot-7 Belgrade native, known as "Coach Decky" to the Warriors, was tasked with working with Golden State's centers and power forwards.

Persons: Dejan Milojevic, Dejan Milojević, Dejan Milojević's, Steve Kerr, Kerr, Milojević, Dejan, Natasa, Nikola, Masa, He's, It's, he's, Looney Organizations: Golden State Warriors, Houston Rockets, Chase Center, Warriors, Utah Jazz, Delta Center, Dallas Mavericks, Jazz Locations: San Francisco , California, Salt Lake City, Europe, Belgrade, San Francisco

☆ NBA player Josh Giddey won’t face charges following investigation into alleged relationship with a minor
▼ + stars: | 2024-01-17 | by ( Jacob Lev | ) edition.cnn.com time to read: +1 min

CNN —Oklahoma City Thunder guard Josh Giddey won’t face charges in California following an investigation into whether the 21-year-old was in a relationship with a minor, police announced. Investigators have been “unable to corroborate any criminal activity” connected to Giddey, the Newport Beach Police Department announced on Wednesday. CNN has reached out to the NBA and the Thunder for comment but did not immediately hear back. In November, police opened an investigation after information began circulating online involving an alleged relationship between Giddey and a female minor. Giddey was asked in November about social media posts suggesting a relationship, to which he said, “I understand the question obviously, but there’s no further comment right now.

Persons: Josh Giddey won’t, Giddey, “, Mark Daigneault, CNN’s Wayne Sterling Organizations: CNN, Oklahoma City Thunder, Newport Beach Police Department, Wednesday, NBA, Thunder, Jazz Locations: California, Giddey, Newport Beach, Salt Lake City , Utah

☆ Security footage shows how a man who died in a plane engine escaped the terminal and ran across the tarmac
▼ + stars: | 2024-01-17 | by ( Pete Syme | ) www.businessinsider.com time to read: +2 min

Read previewSecurity camera footage obtained by local outlet Fox 13 shows how a 30-year-old man ran onto an airport's tarmac before climbing into a plane engine. Airport Control then told police that the man had passed through an emergency exit in the terminal. AdvertisementThe video footage starts showing the man trying to open a locked door at a Delta Air Lines gate, before talking to an airport employee. He then runs through the quiet terminal and tries to open another locked door, before throwing his shoes against a window. At one point, he finds an unlocked door, and then the footage cuts to show him running across the tarmac toward a plane.

Persons: —, Kyler Efinger Organizations: Service, Fox, Business, Police, Delta Airbus, Salt Lake City Police Department, Control, Delta Air, Delta Air Lines, NBC News Locations: Salt, City's, Salt Lake, San Francisco

SALT LAKE CITY (AP) — Golden State Warriors assistant coach Dejan Milojević has been hospitalized in Salt Lake City after suffering a medical emergency on Tuesday night, the team said Wednesday. The seriousness of the situation led the NBA to postpone Wednesday's game between the Warriors and the Utah Jazz. The Warriors did not reveal the nature of the emergency, other than that Milojević was stricken during a private team dinner. The 46-year-old Milojević is in his third season with the Warriors and was part of the group that helped Golden State win the 2022 NBA championship. Milojević spent 14 years as a player and was a three-time MVP of the Adriatic League.

Persons: Dejan Milojević, Milojević, Nikola Jokic Organizations: LAKE CITY, Golden State Warriors, NBA, Warriors, Utah Jazz, Golden State, Serbia —, Denver, Serbian national, Summer League, Atlanta, Houston, Adriatic League Locations: Salt Lake City, Europe, Milojević's, Serbia, United States, Montenegro, San Antonio

They require age verification for anyone in the state who wants to create a social media account, which critics say could compromise users' data security. “We will continue to lead the nation in protecting kids against social media, and we will hold social media companies accountable for the harm that they are inflicting upon our youth,” Adams said. Since escaping, she has used social media to help girls in similar situations. The laws also create new pathways for parents to sue social media companies for causing their children harm. Federal judges have temporarily blocked Arkansas and Ohio from enforcing their state laws requiring parental consent for minors to create new social media accounts.

Persons: —, Spencer Cox, Stuart Adams, ” Adams, “, NetChoice, Lu Ann Cooper, Hannah Zoulek, ” Zoulek, Cox, Sean Reyes fends, Sen, Kirk Cullimore Organizations: LAKE CITY, Republican, Republican Gov, Rights, “, Sandy Republican Locations: Utah, Arkansas, Ohio

☆ Boomers won’t part with their homes, and that’s a problem for young families
▼ + stars: | 2024-01-16 | by ( Anna Bahney | ) edition.cnn.com time to read: +6 min

As a result, empty-nest Baby Boomers own 28% of large homes — and Milliennials with kids own just 14%, according to a Redfin analysis released Tuesday. Ten years ago young families were just as likely as empty nesters to own large homes. But even then empty nest Baby Boomers had the most large homes. Where Millennials own the most larger homesYoung families take up the smallest share of large homes in coastal areas like California and Florida, where large homes tend to be more expensive. Empty nesters own at least 20% of large homes everywhere in the country.

Persons: Baby, Gen, ”, Sheharyar Bokhari, Zers, Millennials, Gen Xers, “, Boomers Organizations: DC CNN, Baby Boomers, Boomers, CNN, ICE Mortgage Technology Locations: Washington, doesn’t, U.S, California, Florida, Midwest, Riverside , California, Salt Lake City, Austin , Texas

BUFFALO, N.Y. (AP) — Brutally cold temperatures and dangerous wind chills stayed put across much of the U.S. Monday, promising the coldest temperatures ever for Iowa's presidential nominating contest, holding up travelers, and testing the mettle of NFL fans in Buffalo for a playoff game that was delayed a day by wind-whipped snow. Saco, Montana, dropped to minus 51 F (minus 26 C). Subzero lows reached as far south as Kansas, Missouri, Illinois and parts of Indiana, Taylor said. The person killed — the fifth death nationwide attributed to the Arctic cold — was among four snowmobilers attempting to cross U.S. Highway 40 in the Strawberry Reservoir area. Ice jam warnings were issued in Wyoming and Montana, where the bitter cold could cause rivers and streams to lock up with ice and overflow their banks.

Persons: —, Zack Taylor, Taylor, Crews, shovelers, Bob Isaacs, Buffalo, “, Monday, Julie Walker, John Wawrow, Matthew Brown, Jack Dura Organizations: U.S, NFL, National Weather Service, Buffalo Bills, South Buffalo, Presidential, Republican, Utah, Patrol, Authorities, Washington, D.C, Associated Press Locations: BUFFALO, N.Y, Buffalo, College Park , Maryland, Montana . Saco , Montana, Kansas , Missouri , Illinois, Indiana, Highmark, Orchard Park , New York, Lake Erie, Hamburg, Angola, West Seneca, Blasdell, South, Iowa, United States, Utah, Salt Lake City, Colorado, East, Vail , Colorado, Jackson County, Wyoming, Montana, New York City, Billings , Montana, Bismarck , North Dakota

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow China became KFC's most important marketKFC is one of the world's largest fast food chains with more than 29,000 restaurants and a new location opening every three and a half hours. But while much of the brand's early success came from the U.S., today the majority of its growth is in China. The first KFC franchise opened in Salt Lake City in 1952 but the chain didn't get its start in China until 1987. A leg up on the competition and an infusion of Chinese characteristics into the menu were key to its early success in China.

Organizations: KFC Locations: China, U.S, Salt Lake City

☆ From a date shake to fast-food burritos, here are the best things I ate on a 2-week road trip across America's West
▼ + stars: | 2024-01-08 | by ( Monica Humphries | ) www.businessinsider.com time to read: +2 min

Hands down, the best thing I had were fry bread tacos at Tiwa Kitchen in Taos, New Mexico. Dessert fry bread and a blue corn taco from Tiwa Kitchen. When Tiwa Kitchen was the only place that popped up on Google Maps for fry bread in Taos, I headed straight there. Sandoval, who is a member of the Taos Pueblo, handed me a cookie while we waited for my food. The fry bread was just as tasty as I remembered, and the lemonade had a tart flavor I was unaccustomed to.

Persons: Monica Humphries, Fry, Ben Sandoval, Sandoval Organizations: Google Locations: Taos , New Mexico, Salt Lake City , Utah, North America, Salt Lake City, Taos, Taos Pueblo, Pueblo

☆ Millennials Are Being Forced Out of Cities and Into Suburbs
▼ + stars: | 2024-01-08 | by ( Eliza Relman | ) www.businessinsider.com time to read: +12 min

Millennial homebuyers aren't just leaving the urban core — they're moving to the farthest reaches of the suburbs. The 'youthification' of cities and far-flung suburbsFor nearly two decades millennials morphed dense, amenity-rich urban neighborhoods across America into exclusive playgrounds for the young and childless. Compared with Gen Xers and baby boomers, a much larger share of millennials moved to cities in their young adulthood — and stayed for longer. The pandemic only steepened a trend that's been ousting millennials from cities for years: rising housing costs in cities. Millennials could help transform suburban sprawl into town-like communities or small cities with more third places and a stronger sense of community, Panova says.

Persons: Jandra Sutton, Sutton, they're, pricey, they'll, Gen Xers, millennials, —, Millennials, — it's, Zers, Allison Levine, Tiffany Stuart, — Stuart, Stuart, Hyojung Lee, Lee, who's, John Natale, Rafay Qamar, didn't, Qamar, We've, Paul Stout, Stout, Tayana, Panova, Levine, Eliza Reman Organizations: bodega, Suburban Jungle, Harvard's, for Housing Studies, Seoul National University, New York City, Suburban, Business Insider's Locations: Tennessee, Nashville, America, San Francisco, Boston, Salt Lake City, Seattle, Austin, Denver, New York City, New Jersey, Flatbush, Wall Township , New Jersey, exurbs, New York, Chicago, Black, walkable, Sutton's

TOKYO (AP) — The bid-rigging trial around the Tokyo Olympics played out Tuesday in a Japanese courtroom — more than two years after the Games closed — with advertising giant Dentsu and five other companies facing criminal charges. Executives or management-level officials at each of the accused companies, and Tokyo Olympic organizing committee official Yasuo Mori, have been charged with violating anti-monopoly laws. Speaking in Tokyo district court, he said no bid process was ever decided upon or set up by the Tokyo Olympic organizing committee. Once the Olympics landed in Tokyo, Dentsu became the chief marketing arm of the Games and raised a record $3.3 billion in local sponsorship. Takahashi was a member of the Tokyo Olympic organizing committee and wielded powerful influence over the Olympic business.

Persons: Koji Henmi, Yasuo Mori, Cerespo, Dentsu, Sebastian Coe, Thomas Bach, Genta Yoshino, Henmi, ” Yoshino, Yoshino, Yoshiro Mori, Toshiro Muto, Tsunekazu Takeda, Haruyuki Takahashi, Takahashi Organizations: TOKYO, Tokyo Olympics, Tokyo Olympic, Tokyu Agency, Olympic Committee, IOC, Bank of Japan, Tokyo, Japanese Olympic Committee, Tokyo Metropolitan Government, Olympic, Aoki Holdings, Paris Locations: Tokyo, Dentsu, Switzerland, Japan, Sapporo, French, Salt Lake City, Osaka, paris

SEATTLE (AP) — The last centralized NHL Draft for the foreseeable future is going out with the glitz and bright lights of Vegas. Bettman said contracts still need to be finalized, but the league is excited about the possibilities for the draft. WORLD CUP COMINGThe league is targeting three major international events to work into the calendar over the next several years. Bettman called that the appetizer for the following years — first the Olympics in 2026 and then a full World Cup in 2028. He hopes by the time of the mini-tournament 16 months from now that plans will be in place for the World Cup.

Persons: Gary Bettman, Bettman, ” Bettman, —, it’s, they’re, I’m, ___ Organizations: SEATTLE, NHL, league’s, Governors, IIHF, IOC, WORLD CUP, Olympics, CAP, ARIZONA, Arizona Coyotes, Arizona State, Quebec City Locations: Vegas, Las Vegas, United States, Canada, Finland, Sweden, Milan, Phoenix, Arizona, Quebec, Atlanta, Houston, Salt Lake City

☆ The Air Force is trying to save 2 severely damaged F-35s by merging them into a single 'Franken-bird' aircraft
▼ + stars: | 2023-12-04 | by ( Matthew Loh | ) www.businessinsider.com time to read: +3 min

The Air Force said it's embarking on a "Franken-bird" project to salvage two damaged F-35s. AdvertisementThe US Air Force on Thursday said its engineers in Utah are trying to restore two damaged F-35s by rebuilding them into one fully operational stealth fighter. AdvertisementThe aircraft that caught fire is estimated to have sustained $50 million worth of damage, with the rear two-thirds of its body burned, per an Air Force report at the time. Now, the Air Force said it's trying to replace the damaged nose of the F-35 that was damaged in 2020 with parts from the jet that caught fire. It was conceptualized in January 2020, according to Taylor, and is set to be finished in March 2025, according to the Air Force.

Persons: it's, Lockheed Martin, —, Franken, Scott Taylor, US Air Force Taylor, Taylor, Northrop Organizations: Air Force, Lockheed, Service, US Air Force, Office, 388th Fighter, Ogden Air Logistics, Engineers, Air Force Base, US Navy, Northrop Grumman Locations: Franken, Utah, Salt Lake City, Texas, Switzerland

☆ How $100 billion mining giant Rio Tinto is poised to benefit from the EV boom
▼ + stars: | 2023-12-02 | by ( Shawn Baldwin | ) www.cnbc.com time to read: +1 min

Copper mines like Rio Tinto's Bingham Canyon mine on the outskirts of Salt Lake City are on the frontline of America's transition to clean energy. Jointly based in Australia and the UK, Rio Tinto is one of the world's largest mining companies with projects in 35 countries. It has 17 iron ore mines in Western Australia that produce material used in steel, as well as mines that produce aluminum, diamonds, and boron, a component used in smartphones. So what is Rio Tinto doing to ramp up production of its critical minerals business? CNBC got a behind the scenes look at Rio Tinto's Utah operation to find out.

Persons: Tyler Broda Organizations: P, RBC Capital Markets, Rio Tinto, CNBC Locations: Rio, Bingham, Salt Lake City, Australia, Western Australia, Rio Tinto's Utah

☆ Fed Chair Powell: Too early to say when to expect rate cuts
▼ + stars: | 2023-12-01 | by ( Bryan Mena | ) edition.cnn.com time to read: +5 min

While Powell and other officials say they’re not even thinking about cutting rates just yet, some investors expect cuts to begin around the middle of next year. With Treasury yields sliding in recent weeks, so have mortgage rates, and rate cuts next year would help that along. Inflation, spending and mortgagesConsumer spending and inflation both eased in October, the Commerce Department reported Thursday. What Fed officials are sayingFed officials have broadly acknowledged that economic conditions are setting the stage for inflation to continue its descent. While some Fed officials have expressed optimism, others remain unconvinced that the Fed’s job is done.

Persons: Jerome Powell, ” Powell, ”, Powell, they’re, Freddie Mac, Christopher Waller, John Williams, “ We’ve, Michelle Bowman, “ Organizations: DC CNN — Investors, Federal, Spelman College, Treasury, Fed, December’s Fed, Commerce Department, ”, Washington . New York Fed, New York Fed Locations: Washington, Atlanta, September’s, America, doldrums, Washington . New, Salt Lake City

☆ 50 cities showing where rents are surging or dropping compared to home values — and how to determine whether it's worth buying or renting, according to experts
▼ + stars: | 2023-11-30 | by ( Laila Maidan | ) www.businessinsider.com time to read: +7 min

But home prices are still on the rise, according to a November 28 note from Selma Hepp, the chief economist at CoreLogic. The outcome is that many remain renters, which drives up demand for rental property and the cost of rent. If the cost of rent is 20% below the price of owning a home monthly, then it may be comparable. Rent prices are based on listings from Rent.com. For example, take the cost of rent over five years; let's say it's $3,000 x 12 months = $36,000 annually.

Persons: Selma Hepp, they'll, Suzanne Miller, Miller, Price, Shmuel Shayowitz, Shayowitz Organizations: Business, Home, Empire State, Seattle -, Dallas, Fort, Redfin, Kansas, Jacksonville, Birmingham, NA Milwaukee, Phoenix, Boston, Orlando, Virginia, KY, UT, Oklahoma Locations: Redfin . Metro, Seattle, Dallas, Seattle - Tacoma, Bellevue, Everett, Tacoma, Fort Worth, Metro, Columbus, Providence, RI, Kansas City, Angeles, Buffalo, NY, Indianapolis, York, Hartford, Jose, Antonio, Minneapolis, Detroit, MI, Virginia Beach, Louis, Washington, San Diego, Atlanta, Richmond, Cincinnati, San Francisco, Philadelphia, Tampa, WA, Denver, Riverside, CA, Cleveland, Baltimore, Pittsburgh, Charlotte, NC, Orleans, LA, Nashville, TN, Memphis, Raleigh, Louisville, Jefferson County, Houston, Salt Lake City, Miami, Chicago, Sacramento, Vegas, Portland, Austin, New York City

☆ The US economy grew by 5.2% in the third quarter, even faster than previously estimated
▼ + stars: | 2023-11-29 | by ( Bryan Mena | ) edition.cnn.com time to read: +4 min

Washington, DC CNN —US economic growth was even stronger in the third quarter than previously estimated, underscoring the economy’s remarkable resilience in the face of elevated inflation and high borrowing costs earlier this year. Wednesday’s latest reading reflects an even faster pace of growth than the blistering 4.9% rate the department initially estimated. Nonresidential fixed investment, or business spending, was revised up to a growth rate of 1.3% in the third quarter from a decline of 0.1%. Fourth-quarter spending likely won’t be as piping hot, however. Fed officials pay close attention to various facets of the US economy when deliberating monetary policy, including growth.

Persons: ”, Gregory Daco, “, Christopher Waller, American Enterprise Institute . Waller, Michelle Bowman Organizations: DC CNN, Gross, Commerce, Consumer, Adobe Analytics, Institute for Supply Management, Employers, Atlanta Fed, Federal, ”, American Enterprise Institute ., Fed Locations: Washington, EY, Salt Lake City

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