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☆ Instacart shares fall further below IPO price
▼ + stars: | 2023-09-27 | by ( Noel Randewich | ) www.reuters.com time to read: +2 min

Shares of Instacart, formally called Maplebear, last traded at $28.71 compared to the $30 price set in its IPO on Sept. 18. SoftBank-backed chip designer Arm Holdings fell 2.5% to $52.19, just above the $51 price in its IPO two weeks ago. After closing with a gain of 12% in its first session, Instacart has steadily lost ground. Arm's shares have also mostly declined after surging in their Wall Street debut, touching intra-day lows below $51 in three of the past five sessions. The marketing automation firm's stock remains above its $30 IPO price, but well below its intraday high of $37 in its first day of trading.

Persons: Eric Cohn, Cheney Orr, Instacart, Noel Randewich, Emelia Sithole Organizations: Safeway, REUTERS, Vanda Research, Arm Holdings, Thomson Locations: Tucson , Arizona, U.S, Klaviyo

☆ Kia, Hyundai recall 3.37 million US vehicles over fire risks
▼ + stars: | 2023-09-27 | by ( David Shepardson | ) www.reuters.com time to read: +2 min

[1/3] The Kia EV9 is displayed at the New York International Auto Show, in Manhattan, New York City, U.S., April 5, 2023. REUTERS/David 'Dee' Delgado/File photo Acquire Licensing RightsWASHINGTON, Sept 27 (Reuters) - Hyundai (005380.KS) and Kia (000270.KS) are recalling a combined 3.37 million vehicles in the United States due to the risk of engine fires, telling owners to park outside and away from structures until repairs are complete. The automakers say brake fluid leaks can cause a short that could lead to a fire. Hyundai said it has reports of 21 fires and 21 other thermal incidents since 2017 related to the recall, while Kia has reports of at least 10 confirmed fires and melting incidents. Kia America's recall covers 1.73 million Borrego, Cadenza, Forte, Sportage, K900, Optima, Soul Rio, Sorento, and Rondo vehicles.

Persons: Kia EV9, David, Dee, Delgado, Kia, Kia America's, Forte, Sportage, Jyoti Narayan, Kanjyik Ghosh, Jan Harvey, Kirsten Donovan Organizations: New York, REUTERS, Rights, Hyundai, Kia, National, Traffic Safety Administration, Control, Tucson Fuel Cell, Santa Fe Sport, Thomson Locations: Manhattan , New York City, U.S, KS, United States, Santa Fe, Veracruz, Tucson, Santa, Bengaluru

☆ How to avoid getting scammed out of your home or becoming a victim of land fraud
▼ + stars: | 2023-09-27 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +7 min

Gordon isn't the only victim of this type of fraud — known as home-title fraud, land fraud, or seller-impersonation fraud — where scammers impersonate the rightful owner of a property by forging documents in order to sell it. Petrescu and Gordon share a few measures property owners can implement to help stop land fraud from happening to them. That may seem like an obvious one, but for a vacant piece of property, owners might forgo that extra security. He used the same title company to buy the land and to refinance it a year later. "Here we have the same title company that I used, and now the fraudster's using the same title company," Gordon said.

Persons: —, William Gordon's, Gordon isn't, scammers, Daniel Kenigsberg, Victor Petrescu, Levine Kellogg Lehman Schneider, Grossman, " Petrescu, Petrescu, Gordon, William Gordon William Gordon Another, there's, hadn't, Victor Petrescu Levine Kellogg Lehman Schneider, he'll Organizations: FBI, MLS, Service Locations: Arizona, Tucson, Fairfield , Connecticut, Miami, Petrescu, Pima County , Arizona

☆ Electronic Pioneers Tangerine Dream Shape-Shift Once Again
▼ + stars: | 2023-09-25 | by ( Steve Smith | ) www.nytimes.com time to read: +1 min

Before this spring, the last time Tangerine Dream performed live in the United States was on Sept. 30, 2013. The occasion was “Live From Los Santos: The Music of Grand Theft Auto V,” a showcase presented during the 51st New York Film Festival. But you couldn’t miss the group’s leader, Edgar Froese, front and center in his signature black hat. It was the final New York performance by Froese, who died of a pulmonary embolism in 2015. Now, a new Tangerine Dream is touring the U.S. and Canada, arriving at the Knockdown Center in Queens on Saturday — precisely a decade after its last New York appearance.

Persons: Edgar Froese, Froese, Thorsten Quaeschning, Paul Frick, Hoshiko Yamane — Organizations: 51st New York Film Locations: United States, Santos, York, Berlin, Canada, Queens, Tucson, Ariz

Republican presidential candidate and former President Donald Trump arrives to address the Pray Vote Stand Summit at the Omni Shoreham Hotel on September 15, 2023 in Washington, DC. According to the poll, 62% have either major concerns (52%) or moderate concerns (10%) about Trump facing different criminal and civil trials for alleged wrongdoing, including for trying to overturn the 2020 presidential election. Another 60% have major concerns (45%) or moderate concerns (15%) about Biden's possible awareness or involvement in the business dealings of his son, Hunter, including alleged financial wrongdoing and corruption. And 47% have either major concerns (34%) or moderate concerns (13%) about Trump, at age 77, not having the necessary mental and physical health to be president for a second term. "I would vote third party in protest if it was Trump versus Biden," Chester added.

Persons: Donald Trump, Joe Biden's, Trump, Biden, Bill McInturff, Jeff Horwitt, —, doesn't, Hunter, Mary Lyon, Kevin Chester, Chester Organizations: Omni, NBC News, Democratic, Republican, Hart Research Associates, Trump, Republicans, GOP, Biden aren't, NBC, Arizona Republican, Biden Locations: Washington ,, Fulton County , Georgia, Tucson , Arizona, Arizona

☆ OSIRIS-REx: A long-awaited asteroid sample has landed in the US
▼ + stars: | 2023-09-24 | by ( Ashley Strickland | ) edition.cnn.com time to read: +7 min

Seven years after launching to space, the OSIRIS-REx spacecraft flew by Earth Sunday to deliver the pristine sample from the near-Earth asteroid Bennu. The sample capsule, about the size of a large truck tire, and its main parachute can be seen after landing in the Utah desert. What the sample may revealDetails about the sample will be revealed through a NASA broadcast from Johnson Space Center on October 11. If a government shutdown occurs, “it will not endanger the curation and safe handling of the asteroid sample,” said Lori Glaze, director for NASA’s Planetary Sciences Division. “Scientists believe that the asteroid Bennu is representative of the solar system’s own oldest materials forged in large dying stars and supernova explosions,” Glaze said.

Persons: REx, Rich Burns, OSIRIS, Sandra Freund, Burns, ”, Dante Lauretta, Nicole Lunning, REx curation, NASA’s, Lauretta, Lori Glaze, ” Glaze Organizations: CNN, NASA, Earth Sunday, Goddard, University of Arizona, Defense Department’s Utah, Goddard Space Flight, Lockheed, Space Center, NASA’s Johnson Space Center, Monday, Johnson Space Center, Canadian Space Agency, Japanese Aerospace Exploration Agency, NASA’s Planetary Sciences Locations: Bennu, Greenbelt , Maryland, Tucson, Utah, Houston

☆ NASA's first asteroid sample on track for Sunday parachute landing in Utah
▼ + stars: | 2023-09-23 | by ( Steve Gorman | ) www.reuters.com time to read: +4 min

Acquire Licensing Rights Read moreLOS ANGELES, Sept 23 (Reuters) - A NASA space capsule carrying a sample of rocky material plucked from the surface of an asteroid three years ago hurtled toward Earth this weekend headed for a fiery plunge through the atmosphere and a parachute landing in the Utah desert on Sunday. OSIRIS-REx collected its specimen from Bennu, a carbon-rich asteroid discovered in 1999 and classified as a "near-Earth object" because it passes relatively close to our planet every six years. The Bennu sample is estimated at 250 grams (8.8 ounces), far surpassing the amount of material carried back from asteroid Ryugu in 2020 and asteroid Itokawa in 2010. The main portion of the OSIRIS-REx spacecraft, meanwhile, is expected to sail on to explore yet another near-Earth asteroid. Reporting by Steve Gorman in Los Angeles, Editing by Rosalba O'BrienOur Standards: The Thomson Reuters Trust Principles.

Persons: REx, Sandra Freund, Lockheed Martin, Dante Lauretta, NASA's, Steve Gorman, Rosalba O'Brien Organizations: United Launch Alliance, V, Cape Canaveral Air Force, NASA, Lockheed, University of Arizona, Empire, NASA's Johnson Space Center, Thomson Locations: Florida, U.S, ANGELES, Utah, military's, Salt Lake City, Tucson, Houston, Los Angeles

The Biden administration also allowed nearly 500,000 Venezuelan migrants who are already in the country to seek work permits and protection from deportation. The administration yielded to pressure from leaders in New York, where the recent arrival of more than 100,000 migrants in New York City has overwhelmed shelters and strained resources. Migrants like Mr. Soto and his mother are arriving on a tailwind of stories of friends and relatives who reached New York or Chicago months earlier. Many also believe false claims from smugglers and social media that migrants would definitely be able to remain in the United States if they could make it in. “The smuggling organizations are spreading misinformation with a global reach that they couldn’t do before,” said John Modlin, the Border Patrol’s Tucson sector chief, who is coordinating the response to border crossings in Arizona and California.

Persons: Biden, Soto, ”, John Modlin, Mr, Modlin Organizations: “ Locations: New York, New York City, United States, Chicago, Tucson, Arizona, California

☆ An asteroid sample is about to land on Earth. Here’s what to expect
▼ + stars: | 2023-09-21 | by ( Ashley Strickland | ) edition.cnn.com time to read: +8 min

CNN —When the OSIRIS-REx spacecraft swings by Earth on Sunday, it is expected to deliver a rare cosmic gift: a pristine sample collected from the near-Earth asteroid Bennu. After releasing the capsule, OSIRIS-REx will continue on its tour of the solar system to capture a detailed look at a different asteroid named Apophis. Returning NASA’s first asteroid sample collected in space to Earth has been years in the making. An illustration depicts the OSIRIS-REx spacecraft as it descended toward the rocky surface of asteroid Bennu. If the spacecraft’s trajectory is on track, the sample capsule is expected to release from OSIRIS-REx 63,000 miles (102,000 kilometers) from Earth on early Sunday.

Persons: REx, Keegan Barber, Bennu, Lockheed Martin, Sandra Freund, OSIRIS, NASA’s, Johnson, ”, Dante Lauretta Organizations: CNN, NASA, Department of Defense's Utah, Goddard, University of Arizona, TAG, Apollo, Lockheed, Lockheed Martin Space, Defense Department’s Utah, NASA’s Johnson Space Center, Johnson Space Center, Canadian Space Agency, Japanese Aerospace Exploration Agency Locations: Utah, Cape Canaveral, Bennu, Houston, Tucson

The very existence of the No Labels group is fanning Democratic anxiety about Trump’s chances against an incumbent president facing questions about his age and record. If even a small number of those voters were to back a No Labels candidate next year, Biden could fall short. No Labels party members skew younger. Twelve percent of them live in the 4th Congressional District, which includes Arizona State University. Such a poll would be meaningless because a large swath of voters won’t know anything about the No Labels candidate before a campaign is run, he said.

Persons: Joe Biden, Donald Trump, hasn't, ”, Rodd McLeod, Biden, Adrian Fontes, Fontes, Richard Grayson, Kamala Harris, Republican Sen, Jeff Flake, Cindy McCain, Sen, John McCain —, Ross Perot, George H.W, George H.W . Bush, Jill Stein, Hillary Clinton ’, Stein, Trump, Matt Bennett, Benjamin Chavis, Sam Almy, they've, they’ll, Democratic Sen, Joe Manchin, Joe Lieberman, Jon Huntsman, Larry Hogan, Larry Hogan of Maryland, Ryan Clancy, we’re, ” Clancy Organizations: PHOENIX, Trump, White, Democratic, Biden, Democratic Party, Phoenix, Trump Republicans, Republican, Green, NAACP, Republicans, Congressional, Arizona State University, Super, Republican Gov Locations: Arizona, Pinal County, George H.W ., Michigan , Pennsylvania, Wisconsin, Arizona , Georgia, Washington, Phoenix, Tucson, Dallas, West Virginia, Joe Lieberman of Connecticut, Utah, Larry Hogan of

☆ Instacart stock subdued as debut enthusiasm loses steam
▼ + stars: | 2023-09-20 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Cheney Orr/File Photo Acquire Licensing RightsSept 20 (Reuters) - Grocery delivery app Instacart's stock (CART.O) fell nearly 5% in premarket trading on Wednesday, on course to join other new stock market entrants in failing to keep up with their strong gains on debut. Shares of San Francisco-based Instacart ended 12% higher in their Nasdaq debut on Tuesday, failing to hold onto an intraday gain of as much as 43%. The company's initial public offering on Monday had given it a valuation of nearly $9.9 billion. In August, it announced interest from PepsiCo (PEP.O), which has agreed to buy $175 million in preferred convertible stock. Reporting by Savyata Mishra and Niket Nishant in Bengaluru; Editing by Devika SyamnathOur Standards: The Thomson Reuters Trust Principles.

Persons: Eric Cohn, Cheney Orr, Instacart, Alex Frederick, Frederick, Instacart's, Andrew Lipsman, Savyata Mishra, Niket, Devika Organizations: Safeway, REUTERS, Investors, San, Nasdaq, Walmart, Amazon, PitchBook, PepsiCo, Insider Intelligence, Thomson Locations: Tucson , Arizona, U.S, San Francisco, Bengaluru

The IPO gave Instacart a valuation of nearly $9.9 billion, a fraction of the $39 billion it was worth in 2021, the company's last funding round. Reuters GraphicsSeveral startups' valuations have shrunk since 2022 as inflation, geopolitical tensions and the Federal Reserve's rapid rate hikes soured the economic climate. But a lukewarm reception to Neumora Therapeutics' (NMRA.O) IPO last week hinted at limited investor enthusiasm for new listings. Arm soared on its first day of trading but has dropped every day since then. Goldman Sachs and J.P. Morgan are the lead underwriters for Instacart's IPO.

Persons: Eric Cohn, Cheney Orr, Hogan, Riley, Instacart, Apoorva Mehta, Fidji Simo, Goldman Sachs, J.P, Morgan, Niket, Noel Randewich, Devika Syamnath, Anil D'Silva, Nick Zieminski, Richard Chang Organizations: Safeway, REUTERS, Nasdaq, SoftBank's Arm, San, Maplebear Inc, Reuters, Federal, Investors, Neumora Therapeutics, Instacart's, Thomson Locations: Tucson , Arizona, U.S, San Francisco, Bengaluru, Oakland , California

The Ukrainian pilots are expected to arrive at Morris Air National Guard Base in Tucson, Arizona, by October. Ukraine’s leaders have asked for fighter jets from the West since the earliest days of the war. Loh said the Air National Guard assessed the three-month timeline based on training Ukrainian pilots received on Fresno, California-based F-15Cs, another advanced Air National Guard fighter jet. That exposure allowed the Air National Guard to assess that Ukraine’s aviators were already using more Western tactics in flying and that it would not take long to bring them up to speed, Loh said. The nine-month timeframe is the estimate to get pilots with no previous fighter jet experience flying the F-16s, Loh said.

Persons: Michael Loh, they’ll, ” Loh, Loh, “, David Allvin, Sen, Richard Blumenthal, Conn, Allvin, Bradley, ” Allvin, Volodymyr Zelenskyy Organizations: U.S . Air National Guard, Morris Air National Guard Base, Air Force Association, “, NATO, Air Force, Senate Armed Services Committee, Kyiv, Air National Guard Locations: Md, U.S, Tucson , Arizona, National Harbor , Maryland, Tucson, Ukraine, Europe, Russia, Ukrainian, “, Fresno , California

Instacart also sells ad space on its site, including to Pepsi and Kellogg's, which want to promote products online. Instacart, valued at $9.3 billion, said its grocery orders remained flat for the first six months of 2023 at 132.9 million compared to the year-ago period, Securities and Exchange Commission filings showed. Gross transaction value rose 4% to $14.94 billion over the same period, while ad revenue grew 24% to $406 million from $327 million. Gross profit grew faster than gross transaction value for products sold on Instacart, including merchandise, taxes and fees. Some advertisers may not be as worried about Instacart's slowed order growth, said Nikhil Raj, retail media business lead at ad solutions firm Moloco.

Persons: Eric Cohn, Cheney Orr, Instacart, Fidji Simo, Andrew Lipsman, there's, Lipsman, Gross, Instacart's, Nikhil Raj, Raj, Arriana McLymore, Richard Chang Organizations: Safeway, REUTERS, Pepsi, Securities, Exchange, Insider Intelligence, SEC, Thomson Locations: Tucson , Arizona, U.S, San Francisco, New York

☆ Instacart to target valuation of up to $9.3 billion in IPO, source says
▼ + stars: | 2023-09-10 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Cheney Orr Acquire Licensing RightsSept 10 (Reuters) - Grocery delivery service Instacart is targeting a valuation between $8.6 billion and $9.3 billion in its initial public offering, according to a person familiar with the matter. The valuation range will be disclosed in an updated IPO regulatory filing on Monday, the source said on SundayInstacart declined to comment. The Wall Street Journal was the first to report on Sunday on Instacart's IPO valuation target. Unlike an IPO, no shares are sold in advance in a direct listing and investors can sell their shares directly to the public. For the six months ended June 30, Instacart last month reported revenue of $1.48 billion, up 31% from the same period last year.

Persons: Eric Cohn, Cheney Orr, Instacart, Andreessen Horowitz, Rowe Price, Anirudh Saligrama, Manya Saini, Niket, Echo Wang, Cynthia Osterman, Leslie Adler Organizations: Safeway, REUTERS, Arm Holdings Ltd, Reuters, Sequoia Capital, Fidelity Management & Research, Thomson Locations: Tucson , Arizona, U.S, Bengaluru, Echo, New York

While Woody Allen's film may be a reference point to “American Fiction,” direct comparisons are harder to come by for such a breezy but biting commentary. Directing a film, Jefferson says, wasn't necessarily a lifelong ambition. That “American Fiction” is hard to categorize, he says, might mean he's on the right track. “This being my first movie, I’m eager to find what my voice is,” Jefferson says. ___Follow AP Film Writer Jake Coyle on Twitter at: http://twitter.com/jakecoyleAP

Persons: Percival Everett's, Cord Jefferson, Jeffrey Wright, “ Monk ” Ellison, Cord Jefferson —, ”, ” —, Jefferson, Monk, Wright, John Ortiz, Aeschylus ’ “, —, ” Monk, Stagg R, Leigh, ” Jefferson, Black, Jack City, Annie Hall, Woody, Tracee Ellis Ross, Sterling K, Brown, Erika Alexander, Issa Rae, “ There’s, Larry Wilmore ”, Damon Lindelof, hadn't, “, Jake Coyle Organizations: TORONTO, Toronto, Gawker, MGM, Twitter Locations: Jack, ”, Tucson , Arizona, Tulsa

☆ How NASA has prepared to scoop up an asteroid sample landing in the desert
▼ + stars: | 2023-09-09 | by ( Ashley Strickland | ) edition.cnn.com time to read: +10 min

CNN —An asteroid sample stowed inside a NASA spacecraft is about to reach Earth after traveling for nearly 2½ years across space. It’s NASA’s first time collecting and returning an asteroid sample from space. Teams have been rehearsing how to retrieve the sample, originally collected from the near-Earth asteroid Bennu, when it drops down into the Utah desert on September 24. Keegan Barber/NASAThe mission’s original goal was to retrieve a pristine asteroid sample. The team has also prepared for different landing scenarios, such as a hard landing where the capsule containing the sample opens unexpectedly.

Persons: NASA’s, REx, ”, Nicola Fox, ” It’s, Keegan Barber, Dante Lauretta, OSIRIS, “, Rich Burns, ” Burns, Burns, Sandra Freund, Johnson, Lockheed Martin, Freund, Molly Wasser, Kevin Righter, curation, Christopher Snead, ” Snead, ” Lauretta Organizations: CNN, NASA, Goddard, University of Arizona, Department of Defense's Utah, Department of Defense’s Utah, Goddard Space Flight, Lockheed, NASA’s Johnson Space Center, Space, Apollo, Space Center, Canadian Space Agency, Japanese Aerospace Exploration Agency Locations: Utah, Bennu, Tucson, Salt Lake City, Greenbelt , Maryland, Houston, Johnson

☆ Ex-CEO worked 3 jobs to buy a small fixer-upper house—flipping it launched a $265.2 million real estate empire
▼ + stars: | 2023-09-09 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +5 min

One of the world's largest real estate companies started out as a side hustle. Then, he acquired a real estate license to save money on commissions, and discovered he had some talent as a broker. Liniger left the military in 1971, moved to Denver and worked for other real estate brokerages before co-founding Re/Max with his soon-to-be wife, Gail. When Liniger launched Re/Max, he was "terribly naive," he says — telling his first employee he "was going to build the largest real estate company in the world." Surround yourself with positive influencesAssociate yourself with people who share your goals, including the desire to succeed, Liniger advises.

Persons: Max, Dave Liniger, Liniger, frugally, Gail, Jim Rohn, Berkshire Hathaway, Warren Buffett, Bill Gates, Gates, Buffett, you've Organizations: CNBC, U.S . Air Force, Indiana University, Re, Berkshire, Microsoft, Columbia University, NASCAR, NASA Johnson Space Center, . Space Command Locations: Denver, U.S, Tucson , Arizona, Colorado

☆ Roy Lichtenstein and Irving Blum: They Go Way Back
▼ + stars: | 2023-09-04 | by ( Robin Pogrebin | More About Robin Pogrebin | ) www.nytimes.com time to read: +1 min

“Irving made it possible for us to buy that work of art, pure and simple,” said Glenn D. Lowry, MoMA’s longtime director. Born Dec. 1, 1930, in New York, where his father owned furniture stores, Blum moved to Phoenix when he was 10. Blum met the collectors who came to visit galleries in the area. Blum came back with a painting by Josef Albers — a pioneer of color in abstract art — and he was on his way. Then in 1956 the gallerist David Herbert took Blum to meet Ellsworth Kelly.

Persons: “ Irving, ”, Glenn D, Lowry, MoMA’s, Warhol, ” Blum, Ellsworth Kelly’s, Frank Stella’s “, Blum, Hans Knoll, Betty Parsons, Sidney Janis, Eleanor Ward, Martha Jackson —, “, Sam Kootz, Florence Knoll, Josef Albers —, David Herbert, Ellsworth Kelly Organizations: Museum of Contemporary Art, Air Force Locations: Frank Stella’s “ Ctesiphon, Los Angeles, New York, Phoenix, Tucson, German, Knoll, Midtown Manhattan, Connecticut

☆ Property owners are increasingly having their land sold out from under them. 4 experts break down the failures allowing this, and how the crime can be prevented in the future.
▼ + stars: | 2023-09-03 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +8 min

Kenigsberg and the LLC building the house on the formerly vacant property said they're both victims of title fraud. Fraudulent sales like these are on the rise. "Any opportunity out there to buy a property at a good value or in a good area is going to get snapped up," Larson told Insider. "With a decrease in home sales, now they're looking for other ways to leverage real property into fraud," Rymarowicz told Insider. AdvertisementAdvertisement"We think we can uplevel RON (Remote Online Notarization) and do a higher level of online notarization," Kinsel told Insider.

Persons: Daniel Kenigsberg, they're, William Gordon, Kenigsberg, Gordon, —, Eric Gibbs, Gibbs, Nick Larson, there's, Larson, Deanne Rymarowicz, Rymarowicz, it's, David Zawadzki, Pat Kinsel, that's, Kinsel Organizations: FBI, Service, Federal Bureau, Investigation's Boston, Realty ONE, LexisNexis, National Association of Realtors, Nevada Real Estate Division Locations: Wall, Silicon, Fairfield , Connecticut, Kenigsberg, Tucson , Arizona, Arizona, Nevada, Chicago

☆ Fact Check-Opening of Arizona border floodgates predates Biden administration
▼ + stars: | 2023-08-31 | by ( Reuters Fact Check | ) www.reuters.com time to read: +2 min

But posts on social media read: “The Biden administration welded open the Trump border wall in Tucson, AZ. The floodgates, however, open seasonally and predate the Biden administration. The Tucson Sector of the wall runs through most of the state of Arizona (here). A January 2020 article by the Washington Post, published almost a year before Joe Biden became president, shows floodgates had been opened for monsoon season during the Trump administration (here). Border Patrol agents have opened them during monsoon season since before Biden became president.

Persons: Biden, Ali Bradley, ” Bradley, “, It’s, Joe Biden, Trump, Ariel Ruiz Soto, Read Organizations: U.S, Facebook, Patrol, DHS, Department of Homeland Security, Biden, U.S . Customs, Border Protection, Tucson Sector, Washington Post, Migration Policy Institute, Border Patrol, Reuters Locations: U.S, Mexico, Arizona, Lukeville , Arizona, Tucson , AZ, Tucson, Washington

☆ Instacart’s mixed bag has valuation opportunities
▼ + stars: | 2023-08-28 | by ( Anita Ramaswamy | ) www.reuters.com time to read: +4 min

If it doesn’t push valuation too hard, a public listing could be seamless. Instacart booked net income in 2022, a rarity for a growth company hitting the public market. That brings Instacart’s enterprise value to roughly $17 billion, less than half of what it was worth in 2021 but still higher than the internal valuation it inked last year. Follow @AnitaRamaswamy on XCONTEXT NEWSGrocery-delivery business Instacart filed paperwork to go public on Aug. 25 under the formal name Maplebear. The company, which did not share its target price range in the filing, grew revenue by 39% in 2022 to $2.6 billion.

Persons: Eric Cohn, Cheney Orr, Fidji Simo, Instacart, Simo, Apoorva Mehta, Domino's, Lauren Silva Laughlin, Sharon Lam Organizations: Safeway, REUTERS, Reuters, Nasdaq, Kroger, Aldi, Costco Wholesale, Companies, Thomson Locations: Tucson , Arizona, U.S, Cava

AQUIFERS AQUIFERS AQUIFERS WASH. MAINE MONT. MONITORING WELLS MONITORING WELLS MONITORING WELLS WASH. MAINE MONT. FLA. DECLINING WELLS DECLINING WELLS DECLINING WELLS WASH. MAINE MONT. FLA. UNCHARTED WATERS America Is Using Up Its Groundwater Like There’s No Tomorrow Overuse is draining and damaging aquifers nationwide, a New York Times data investigation revealed. Groundwater level trends Rising Declining Groundwater level trends Rising Declining Groundwater level trends Rising Declining Groundwater level trends Rising Declining Note: Colors depict the median trend for each site over the previous 20 years.

☆ 3 Ukrainian pilots died in a disastrous mid-flight collision days after Western allies announced a new training initiative
▼ + stars: | 2023-08-27 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +3 min

Three Ukrainian pilots were killed Friday after a midair collision during a training flight. The catastrophe comes as Western allies have begun offering pilot training to Ukraine's troops. "Yesterday, a disaster occurred in the sky over Zhytomyr region," Ukrainian President Volodymyr Zelenskyy said in a statement released Saturday, confirming the pilots' deaths. AdvertisementAdvertisementThe catastrophe comes just days after the US announced plans to provide jet pilot training for Ukrainians flying F-16s that Denmark and the Netherlands have supplied from their fleets. The training, which will be conducted at Morris Air National Guard Base in Tucson, Arizona, will begin in October.

Persons: who'd, Volodymyr Zelenskyy, Andriy Pilshchykov, Zelenskyy, It's, Juice, Anderson Cooper, Biden Organizations: Service, Radio Free, CNN, Ukraine's Ministry of Defense, US, Morris Air National Guard Base Locations: Wall, Silicon, Sinhury, Zhytomyr, Ukrainian, Ukraine, West, Denmark, Netherlands, Tucson , Arizona

He dreamed of F-16s in the Ukrainian sky,” said Ukrainian Air Force spokesperson Yurii Ihnat in a statement Saturday. “He was an excellent communicator (and) the driving force behind reforms in the Air Force aviation, a participant in many projects,” he continued. He had campaigned for the supply of F-16s, the Air Force said. Portuguese Air Force F-16 military fighter jets participate in NATO's Baltic Air Policing Mission in Lithuanian airspace near Siauliai, on May 23, 2023. In 2022, Pilshchikov met with American government officials and was “in constant contact with Californian pilots,” the Air Force noted.

Persons: Andriy Pilshchikov, ”, Yurii, “, Ihnat, Pilshchikov, ” Ihnat, Volodymyr Zelensky, ’, Pilshchikov “, It’s, ” Zelensky, CNN’s Anderson Cooper, Juice, Petras Malukas, Pat Ryder Organizations: CNN, Ukrainian Air Force, Air Force, Portuguese Air Force, Air Policing Mission, Getty, Ukraine, US, Morris Air National Guard Base, Air National, 162nd, Pentagon Locations: Kyiv, Ukraine, American, Zhytomyr, United States, Siauliai, AFP, Netherlands, Denmark, Tucson , Arizona

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