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That means those saving cash in money market funds and Treasury bills can expect to see their rates stay higher for longer. The annualized seven-day yield on the Crane 100 list of the 100 largest taxable money funds is currently 5.13%. The appetite for money market funds is evident in the record amount of cash pouring into the products. Last week, there was $6.11 trillion sitting in money market funds, according to the Investment Company Institute , up from $5.87 trillion in mid-December. Then there are moderate risk investors with longer time horizons, which Vanguard surveys show are the majority of investors, he said.
Persons: They've, Peter Crane, Shelly Antoniewicz, Marguerita Cheng, you'll, Cheng, Roth, Barry Glassman, Glassman, he's, Roger Aliaga, Diaz, Vanguard's, Cash, Aliaga Organizations: Federal, Crane, Investment Company Institute, Blue, Global, CNBC, Wealth, Treasury, Vanguard
A man fatally shot two people at a law office in Las Vegas on Monday morning, then killed himself, the police said. Officers responded to a report of an active shooter around 10 a.m. inside the law firm, located on the fifth floor of an office building in the Summerlin community in the city, the Las Vegas Metropolitan Police Department said. “This is a dynamic event,” the department said on social media early on Monday, adding that multiple police emergency vehicles were responding. Sheriff Kevin McMahill of the Las Vegas Metropolitan Police Department said that there were two victims, a man and a woman, and that the shooter was a man.
Persons: Kevin McMahill Organizations: Las Vegas Metropolitan Police Department Locations: Las Vegas
The famous Tropicana Las Vegas resort, which held the city’s longest-running cabaret and was known for its lavish midcentury décor, will close on Tuesday as it prepares for demolition to make way for a new Major League Baseball stadium. After the demolition, about nine acres of the 35-acre parcel will be granted to the Athletics baseball team for the construction of a 30,000-seat stadium, the resort said. The stadium is expected to host the team beginning in 2028. There was discussion last year that the Tropicana would be redeveloped to make room for an integrated resort, casino and ballpark complex. Specific designs are still being finalized, according to the resort.
Organizations: Tropicana, Major League Baseball, Bally’s Corporation, Athletics Locations: Vegas
By Nelson Acosta and Marc FrankHAVANA (Reuters) - Cuban Roman Catholics held public processions across the Communist-run country on Friday to mark Good Friday, but there was at least one exception in Havana where 150 of the faithful were relegated to the church parking lot. “It is not possible today to introduce Jesus Christ without introducing to him a people who are having a hard time,” he said. The Cuban government largely blames U.S. sanctions for the crisis and U.S. subversion for the unrest, charges that Washington denies. “What I have heard from the government is that there are 111 authorized processions throughout the country,” he said. Christmas and then Good Friday were recognized as holidays and religious processions are now common.
Persons: Nelson Acosta, Marc Frank HAVANA, Lester Zayas Diaz, Parish, Christ, , Jesus Christ, ” Zayas, Washington, Ariel Suarez, Cuba's, Zayas, Pope John Paul, Marc Frank, David Gregorio Organizations: Communist, Reuters, Facebook, U.S, Cuban, Cuba's Bishop's Locations: Cuban, Havana, Vedado, Cuba
Jarrell Chalmers and his partner, Jose Diaz, moved to Puerto Rico to escape high rents in Jersey City. AdvertisementThis as-told-to essay is based on a conversation with Jarrell Chalmers, a 31-year-old marketing consultant in San Juan, Puerto Rico. Rent is cheaper, but groceries are more expensiveHouses in Old San Juan, Puerto Rico. We've also been posting content on how to get remote jobs in Puerto Rico for Puerto Ricans. Things move slowly because people in Puerto Rico live in the moment, and that's what we love about it.
Persons: Jarrell Chalmers, Jose Diaz, , We're, San Juan —, Oscar Gutierrez, we've, We've Organizations: Service, Jersey City Jersey City, Puerto Ricans, Getty, Costco, Planeta, Cafe Locations: Puerto Rico, Jersey City, San Juan , Puerto Rico, Hartford , Connecticut, Puerto Rican, San Juan, Spanish, Jersey City Jersey, Puerto, New Jersey, Old San Juan , Puerto Rico, Farmers, Florida, States
Tyler Blevins, the video game superstar known as Ninja, revealed this week that he had been diagnosed with melanoma, a form of skin cancer. Mr. Blevins, 32, said on social media on Tuesday that a mole was removed from his foot during an annual checkup with a dermatologist a few weeks ago. “It came back as melanoma, but they are optimistic that we caught it in the early stages,” he said. In the post, Mr. Blevins said a second dark spot was found on his foot that had also been removed and was being checked, “with the hopes that under the microscope they will see clear non-melanoma edges and we will know we got it.”
Persons: Tyler Blevins, Blevins,
Tyler Blevins, the video game superstar known as Ninja, revealed this week that he had been diagnosed with melanoma, a form of skin cancer. Mr. Blevins, 32, said on social media on Tuesday that a mole was removed from his foot during an annual checkup with a dermatologist a few weeks ago. “It came back as melanoma, but they are optimistic that we caught it in the early stages,” he said. In the post, Mr. Blevins said a second dark spot was found on his foot that had also been removed and was being checked, “with the hopes that under the microscope they will see clear non-melanoma edges and we will know we got it.”
Persons: Tyler Blevins, Blevins,
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A Tennessee manufacturer has been fined nearly $300,000 for employing children as young as 14 to operate “dangerous machinery” and requiring them to work more hours than the law allows, federal regulators said. Tuff Torq Corp., which manufactures outdoor-power-equipment components for brands that include John Deere, Toro and Yamaha, must pay a civil penalty of $296,951 and follow federal child labor laws in the future, the Labor Department said in a statement on Monday. The company must also set aside $1.5 million in profits related to the employment of the 10 children who were found to be working at its factory in Morristown, Tenn. That money, the Labor Department said, “will be used for the benefit of the children employed illegally.” A department spokesman said the children were as young as 14. The judgment was entered in U.S. District Court for the Eastern District of Tennessee after the Labor Department’s wage and hour division found that Tuff Torq had employed several children to perform dangerous jobs.
Persons: John Deere, , Torq Organizations: Torq Corp, Toro, Yamaha, Labor Department, Eastern, Eastern District of, Labor Locations: Tennessee, Morristown, Tenn, , U.S, Eastern District, Eastern District of Tennessee
In a rare attack against humans, a mountain lion killed a man and injured his brother while the men were in a remote area of Northern California on Saturday, the authorities said. The brothers, 18 and 21, were in Georgetown, Calif., when the mountain lion attacked, the El Dorado County Sheriff’s Office said in a statement. At about 1:13 p.m. on Saturday, the younger brother called 911 to report that the two had been attacked in Georgetown, about 50 miles northeast of Sacramento, and that he had been separated from his brother. The caller told the authorities that he had “suffered traumatic injuries to his face” during the attack, according to the statement.
Persons: Organizations: El, El Dorado County Sheriff’s Locations: Northern California, Georgetown, Calif, El Dorado County, Sacramento
Cameron Diaz and Benji Madden welcome baby boy
  + stars: | 2024-03-22 | by ( Alli Rosenbloom | ) edition.cnn.com   time to read: +1 min
CNN —Cameron Diaz and Benji Madden’s family is growing. The couple announced on Friday that they’ve welcomed a baby boy, their second child, writing, “We are blessed and excited to announce the birth of our Son, Cardinal Madden.”The photo that accompanied their post includes text that reads, “A little bird whispered to me,” nodding to their baby boy’s name. Sending much love from our fam to yours,” it read. Diaz and Madden are parents to daughter Raddix, whose birth they announced in January 2020 in a similar Instagram post. At the time, they wrote that their new little one had “instantly captured our hearts and completed our family.”The actress and the Good Charlotte band member married in 2015.
Persons: CNN — Cameron Diaz, Benji Madden’s, they’ve, Cardinal Madden, ” Madden, Diaz, he’s, Madden, Raddix, Organizations: CNN, fam, Charlotte
Demonstrators took to the streets in at least four cities on Sunday to complain about hours-long power cuts and increasing food scarcity. The island has seen frequent power cuts and shortages of food, fuel, and medicine since the Covid-19 pandemic, prompting Cubans to flee to the United States in record numbers. US diplomats said Sunday they were monitoring the protests and called on the Cuban government to listen to the demonstrators. The Cuban government, which typically does not allow organized dissent, did not say how many protesters had been arrested. After island-wide demonstrations in the summer of 2021, more than 1,000 Cubans were put on trial and convicted of rising up against the communist-run government, according to human rights groups.
Persons: Miguel Diaz, Canel, Fidel Castro’s, Diaz Organizations: CNN, Cuban, country’s Communist Party, Twitter Locations: Santiago de Cuba, Cuba, United States, Miami’s, Cuban, Havana
Tesla and a former employee have agreed to settle a closely watched lawsuit that cast a harsh light on the carmaker’s treatment of Black workers. Lawyers for Tesla and for Owen Diaz, who worked at the company’s factory in Fremont, Calif., did not disclose the terms of the settlement in a legal filing on Friday. Organ, a lawyer for Mr. Diaz, said in an email, adding that he could not comment further. A supervisor drew a racist caricature near his work station, according to testimony in the case. Tesla did little to discipline the supervisors or address pervasive racism at the factory, the jury found.
Persons: Tesla, Owen Diaz, , ” Lawrence, Diaz Organizations: Tesla Locations: Fremont , Calif, San Francisco, Tesla’s
Attorney Lawrence Organ, with the California Civil Rights Law Group, who represented Diaz told CNBC via e-mail: "The parties have reached an amicable resolution of their disputes. The same firm is representing current and former Tesla employees in a proposed class action lawsuit, Marcus Vaughn v. Tesla Inc., alleging that the racist discrimination and harassment of Black workers has continued at the automaker. Organ told CNBC by phone on Friday, "It took immense courage for Owen Diaz to stand up to a company the size of Tesla. Even though the litigation chapter of his life is over, there's still a lot of work to do for Tesla." Tesla has called the EECO's allegations "a false narrative that ignores Tesla's track record of equal employment opportunity."
Persons: Tesla, Owen Diaz, Lawrence Organ, Diaz, Marcus Vaughn, Organ, there's, Elon Musk, haven't, Jim Crow Organizations: California Civil Rights, Group, CNBC, Tesla Inc, Tesla, Commission Locations: Fremont , California
Jool Baby, a brand of children’s products, has recalled about 63,000 infant swings that were sold at Walmart stores and online because they posed a suffocation risk, federal safety regulators said. The U.S. Consumer Product Safety Commission said on Thursday that the Jool Baby Nova Baby Infant Swing that was marketed, intended or designed for infant sleep posed a suffocation risk because it had an incline angle greater than 10 degrees. The product was in violation of the commission’s Infant Sleep Products Regulation and the Safe Sleep for Babies Act, the agency said. A study cited in the federal regulation of infant sleep products found that infants who slept in products with a 20-degree incline were exposed to increased demand on the abdominal muscles, which could lead to fatigue and suffocation. The same study determined that an incline of 10 degrees or below does not significantly affect infant motion or muscle activity.
Organizations: Walmart, U.S . Consumer Product Safety
Kirsten Dunst says she took a break from acting after receiving only "sad mom" roles. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementKirsten Dunst said she took a step back from acting after starring in the 2021 film "The Power of the Dog" because the only offers she received were "sad mom" roles. "I haven't worked in two years," Dunst told Marie Claire, adding, "Every role I was being offered was the sad mom." Advertisement"There's definitely less good roles for women my age," the 41-year-old said, adding, "That's why I did 'Civil War.'"
Persons: Kirsten Dunst, Marie Claire, , Marie Claire's, haven't, Dunst, Jesse Plemons — Dunst, that's, That's, she'll, Alex Garland, Maggie Gyllenhaal —, Gyllenhaal, Cameron Diaz, Léa Seydoux, Seydoux Organizations: ageism, Service, Harper's Bazaar, Hollywood Locations: Hollywood, French, America, Europe
In addition to Diaz, the lawsuit names Merkley+Partners and its parent company Omnicom Group as defendants. Merkley+Partners is a 30-year-old full-service ad firm that has created campaigns for brands including Mercedes-Benz, White Castle, and Florida's Natural. "You went down on me, I went down on you, we had sex," the lawsuit says Diaz told the plaintiff. The lawsuit also says O'Rear was "treated in a cruel and callous fashion" during the firm's investigation. O'Rear's attorney told BI she was no longer working at the ad agency but declined to comment further.
Persons: , Armando Diaz, Diaz, Merkley, we've, Erin Johnson, Walter Thompson, Mr, O'Rear, I'm, Armando Organizations: Service, New York, Business, Partners, Omnicom Group, Mercedes, Benz, Merkley, WPP, Industry, de Mayo Locations: New York City, Manhattan, White, de
Celebrity stylist Rachel Zoe told BI she can't stand the baggy pants that Gen Z loves. Zoe said her son recently asked her to buy him jeans that were "six sizes too big," and she refused. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementIf there's one Gen Z trend that Rachel Zoe can't stand, it's baggy pants. This story is available exclusively to Business Insider subscribers.
Persons: Rachel Zoe, Z, Zoe, , Salma Hayek, Cameron Diaz, Jennifer Garner Organizations: Service, Business Locations: Los Angeles
Jack Black reveals his all-time favorite costar
  + stars: | 2024-03-05 | by ( Marianne Garvey | ) edition.cnn.com   time to read: +1 min
CNN —Jack Black had some kind words to say about one of his former castmates. The “Kung-Fu Panda 4” star told “Entertainment Tonight” that one actress immediately came to mind when he was asked who his favorite costar has been. She was my favorite co-star I’ve ever had because when you look in her eyes, she was like really present. I feel like if you look into my eyes, you just see a shadow of a robot,” Black said. “Kung-Fu Panda 4” hits theaters on March 8.
Persons: Jack Black, “ Kate Winslet, I’ve, ” Black, Matt Winkelmeyer, Henry Nicholls, , Iris, Cameron Diaz, Black’s, Miles, endearingly, , Po, that’s, “ Kung Organizations: CNN, “ Entertainment Locations: Los Angeles
CNN —Real Madrid star Jude Bellingham was sent off after he was denied an injury-time winner against Valencia on Saturday. That prompted Bellingham, along with other Real Madrid players, to remonstrate angrily with the referee, only for the midfielder to be shown a red card as the match ended 2-2. Real Madrid pulled a goal back through Vinícius Jr. right on the stroke of halftime and continued to push for an equalizer in the second half. He had celebrated his first goal by raising his fist into the air on what was his 250th appearance for Real Madrid. Real next plays RB Leipzig in the Champions League on Wednesday, while Valencia returns to action in the league against Getafe next Saturday.
Persons: Jude Bellingham, Gil Manzano, remonstrate, Hugo Duro, Roman Yaremchuk, Dani Carvajal’s, Vinícius Jr, Vinícius, David S, Bustamante, Duro, Brahim Díaz, Manzano, Bellingham “, , , Carlo Ancelotti, it’s, It’s, ” Ancelotti, ” Bellingham's, Pablo Morano, Valencia Organizations: CNN — Real Madrid, Valencia, Real Madrid, Bellingham, Mallorca, Leipzig, Champions League, Getafe Locations: Bellingham, Valencia, Girona
Read previewAs guaranteed basic-income programs get more popular, opposition is also on the rise. Several lawmakers, like Arizona's Gillette, believe that income programs would discourage work and could raise taxes. A recently introduced bill in South Dakota would ban basic-income programs at the state level and prevent municipal governments from creating local programs. AdvertisementDespite opposition, basic-income program participants have seen benefitsPilot income programs have remained divisive with policymakers, but several major cities have seen positive results. In 2020, former Twitter CEO Jack Dorsey pledged $15 million to Mayors for a Guaranteed Income, which helped 25 cities and towns nationwide begin basic-income programs.
Persons: , Dia Broncucia, Justin Searls, John Gillette, Gillette, Arizona's Gillette, Lupe Diaz, Steve Holt, Skyler Wheeler, Sen, John Wiik, Paul Bettencourt, Bettencourt, Harris, I've, Ivanna Neri, Neri, UpTogether, Tony Evers, Austin, Stephanie Hendon, Louis, Jack Dorsey, Mark, Anthony Middleton Organizations: Service, Business, Income, Austin, BI, Republican, Republicans, GOP, Social Security, Iowa GOP, Houston Public Media, Gov, Madison Forward Fund, Madison Locations: Denver, Arizona, Arizona , Iowa, South Dakota , Texas, Wisconsin, Phoenix, Iowa, South Dakota, Texas, Houston, UpTogether, Harris, Madison, Minneapolis , Northern Virginia, Boston, St, Oregon, Durham
CVS Health, the nation’s largest pharmacy chain with more than 9,000 locations, has been fined more than $1.5 million by Ohio regulators over problems connected to understaffing and patient safety, officials said. The fines are part of a settlement of 27 cases involving various safety concerns that were uncovered during a series of inspections of 22 pharmacies between 2020 and 2023, the State of Ohio Board of Pharmacy said in a statement on Thursday. The board said that it found, among other things, improper drug security, errors dispensing drugs, prescription delays, lack of general cleanliness, understaffing and failure to report losses of controlled substances. The settlement comes as pharmacies nationwide have been plagued by labor issues. In November, some pharmacy workers called in sick or walked off the job to call attention to what they say is inadequate staffing and growing work demands.
Organizations: CVS Health, State of Ohio, Pharmacy Locations: Ohio, State
Is Tesla's Cybertruck the new status car?
  + stars: | 2024-03-01 | by ( Grace Kay | Madeline Berg | ) www.businessinsider.com   time to read: +8 min
Tesla's Cybertruck isn't the kind of car that goes unnoticed. The Cybertruck isn't your average pickupMusk has been hyping up the Cybertruck since it was announced in 2019. AdvertisementFrom the start, it's been clear the Cybertruck isn't geared toward your traditional pickup truck market. But it's not exactly your typical luxury status car, eitherWhile the Cybertruck isn't a traditional pickup, it's not exactly a luxury car. "The finance geeks are just, they're beside themselves of how much they admire" Musk, Chesterfield said.
Persons: Tesla's Cybertruck, Kim Kardashian, Pharrell Williams, Jay, Hayley, Justin Beiber, Wiz Khalifa, Ivan Drury, Edmunds, it's, Tesla, Elon, Winston Chesterfield, Barton, It's, Chesterfield, it's Tesla's, hasn't, Ford, Jim Farley, Brian Moody, Mercedes, Ben Affleck, Cameron Diaz, Will Smith, Oprah Winfrey, Morgan Freeman, Steven Spielberg, Drury, Musk, it'll, Moody, Kyle Conner Organizations: Business, Ford, Royce, Twitter, YouTube Locations: Instagram, London
Arizona House Republicans unanimously voted to ban basic income programs in the state. They say guaranteed basic income programs are like socialism. In Iowa, Republican state Rep. Steve Holt introduced a bill to ban basic income programs last month, calling them "socialism on steroids." AdvertisementThe bill's sponsor, Sen. John Wiik, said basic income programs are a "socialist idea" during a committee meeting on February 5. "Guaranteed income programs, also known as basic income, undercut the dignity in earning a dollar, and they're a one-way ticket to government dependency," Wiik said in the hearing.
Persons: , Lupe Diaz, Diaz, Steve Holt, Sen, John Wiik, Wiik Organizations: Arizona, Service, Republican, Business, Locations: Arizona, United States, Baltimore, Oregon, Austin, Harris County , Texas, Houston, In Iowa, South Dakota
Republican lawmakers in Arizona have introduced a bill to ban guaranteed basic income programs. Arizona state lawmakers introduced a bill that would ban any municipality or county from making payments to a person as part of a guaranteed basic income program. Numerous cities across the country are experimenting with guaranteed basic income programs either through local initiatives or nonprofits. Guaranteed basic income programs are less politically fraught than a universal basic income, though they aren't without critics. Other places, like Harris County, Texas — which includes Houston — have also used COVID-19 funds for guaranteed basic income programs .
Persons: , Bill, Andrew Yang, Lupe Diaz, Diaz, John Gillette Organizations: Republicans, Service, Republican, Arizona, Phoenix City Council, Phoenix New Times, Houston, Lawmakers Locations: Arizona, Iowa, South Dakota, Denver, Phoenix, Harris County , Texas, Texas, . South Dakota
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