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☆ Trump’s immunity case is another reminder that all roads now lead to the Supreme Court
▼ + stars: | 2024-04-22 | by ( Ronald Brownstein | ) edition.cnn.com time to read: +17 min

CNN —The Supreme Court’s hearing Thursday on former President Donald Trump’s immunity claim will underline a historic power shift. Trump’s relationship has been complex with the court’s conservative majority – despite his instrumental role in establishing it. In sharp contrast, the court’s conservative majority has exerted its influence year after year, without interruption. “There is just much more intense vetting of Supreme Court justices,” said Pierson. “You can tell by the results of the court decisions over the past several years that it is fundamentally different.

Persons: Donald Trump’s, “, ”, Jeff Shesol, Franklin D, John Roberts, Amy Coney Barrett, Ruth Bader Ginsburg, Paul Pierson, –, Barack Obama’s, Roberts, Joe Biden, Trump, they’ve, Michael McConnell, Jack Smith, Gore, outvoted, George W, Bush, MAGA, Michael Waldman, ” Waldman, Bill Clinton, Richard Nixon, Nixon, Waldman, ” McConnell, McConnell, Sandra Day O’Connor, Anthony Kennedy, Ronald Reagan, David Souter, George H.W, Pierson, Obama, Brett Kavanaugh, Barrett, Cecilia Munoz, Biden, “ It’s, Samuel Alito, Clarence Thomas, Clinton, ” Shesol, FDR, Shesol Organizations: CNN, White House, GOP, Republican Party, Trump, Republicans, University of California, Democratic, House, White, Constitutional, Center, Stanford University Law School, Brennan Center for Justice, New York University School of Law, Senate, Republican, Federalist Society, Alabama, Electoral, Citizens, Constitutional Law Center, New, Great Society Locations: Berkeley, Manhattan, Florida, “, George H.W . Bush, Shelby County

☆ Russia-linked hacking group claims to have targeted Indiana water plant
▼ + stars: | 2024-04-22 | by ( Sean Lyngaas | ) edition.cnn.com time to read: +3 min

CNN —Hackers targeted a wastewater treatment plant in Indiana on Friday evening, prompting plant managers to send maintenance personnel to investigate the suspicious activity, a local official told CNN. A Russia-linked hacking group claimed responsibility. The same group claimed credit for a string of hacking incidents against water facilities in Texas earlier this year. On Saturday, Russian-speaking hackers posted a video to social media claiming credit for a cyberattack on a TMU wastewater treatment plant. It’s the latest apparent effort by a group of Russian-speaking hackers to target water facilities in small American towns.

Persons: “, Jim Ankrum, “ TMU, ” Ankrum, Ankrum, Department of Homeland Security’s, Jake Sullivan, Mandiant, Ron Fabela, ” Fabela Organizations: CNN, Tipton Municipal Utilities, Tipton, Department of Homeland, Infrastructure Security Agency, US, Telegram, Infinity Squared Locations: Indiana, Russia, Texas, Tipton Municipal, Indianapolis, Muleshoe , Texas, United States, Tipton

☆ China sees foreign threats ‘everywhere’ as powerful spy agency takes center stage
▼ + stars: | 2024-04-21 | by ( Nectar Gan | ) edition.cnn.com time to read: +16 min

But among the crowds you and I together are protecting national security,” the narrator concludes. Chinese soldiers look at a poster promoting national security in the southwestern city of Beihai on National Security Education Day on April 15, 2024. CFOTO/Future Publishing/Getty ImagesAccording to the MSS, foreign spies are omnipresent and infiltrating everything – from mapping apps to weather stations. But China’s spy agency has gradually stepped out of the shadows as Xi makes national security a key priority. “Shenyin Special Investigation Squad” is a comic series based on real-life counterespionage operations, according to China's spy agency.

Persons: –, “, ”, Xi, Xuezhi Guo, Sheena Chestnut Greitens, Xi Jinping, Greg Baker, Mao Zedong, Greitens, Chen Yixin, Chen, “ Chen, ” Greitens, Xi –, denigrate, Bain, Alex Plavevski, Guo, influencers, China’s, can’t, James Zimmerman, Perkins Coie, Zimmerman, ” Zimmerman Organizations: Hong Kong CNN, National Security Education, “, Ministry of State Security, National Security, Publishing, CIA, National, Education, Capitol, Guilford College, Asia, University of Texas, Getty, Communist Party, FBI, National Security Propaganda, CCTV, Ministry of State, China’s National Security Commission, Group, China Development Forum, Perkins Coie LLP, ”, MSS Locations: China, Hong Kong, Beihai, British, American, Beijing, Austin, AFP, Zhejiang province, Shanghai, New York, overreaching

CNN —Dubai International Airport, one of the world’s busiest aviation hubs, remained in disarray Thursday after unprecedented heavy rain led to airliners having to negotiate flooded runways. Delays and cancelations caused by the flooding have led to ongoing congestion at Dubai International Airport. The tarmac of Dubai International Airport was left submerged. Some residents were seen rowing canoes outside their homes, and one viral video on social media showed residents wake boarding on a flooded street in a residential area. Amr Alfiky/ReutersOther videos from social media showed water rushing through a major shopping mall and inundating the ground floor of homes.

Persons: Rula Rouhana, Mohit Mehta, ”, “, ” Mehta, Amr Alfiky, Mister Funk, Christopher Pike, Madiha Khawaja, Khawaja, Sheikh Zayed, cleanups, Sheikh Mohamed bin Zayed Al, Nahyan Organizations: CNN — Dubai International Airport, Emirates, Flydubai, “, ”, Dubai International Airport, Rula, Reuters, United Arab, Dubai International, CNN, UAE, “ Emirates, Bloomberg, Getty Images Municipal, Abu Dhabi . Schools Locations: United Arab Emirates, Dubai, Gurgaon, India, Amsterdam, UAE, Gulf of Oman, Oman, Iran, London, Sheikh, Sharjah, Abu Dhabi

☆ An American expat who retired at 53 said he got 3 things right on his decades-long FIRE journey
▼ + stars: | 2024-04-17 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +7 min

Todd Miller retired at 53 because he did not want his life to be defined by his career. "I didn't have the vocabulary back then of 'financial independence,' but I said I wanted optionality," Miller told Business Insider. He picked age 50 to retire — what the personal finance industry now calls FIRE, which stands for Financial Independence, Retire Early. In 2019, just three years after the initial age target he had set for himself, Miller took the plunge and retired at 53. His passive income now funds the family's lifestyle in Phuket, Thailand, where they live.

Persons: Todd Miller, —, Miller, that's, you've, shubhangigoel@businessinsider.com Organizations: Service, Business, Financial Independence, FIRE Locations: Thailand, Singapore, Hong Kong, Phuket, American, Real, Mardi, Nepal, Africa, Cambodia, Vietnam, Europe, Canada, Paris, Uganda, Asia

☆ Boeing's fleet of 8 corporate jets spent some 4,500 hours in the sky flying company executives last year, data shows
▼ + stars: | 2024-04-17 | by ( Taylor Rains | ) www.businessinsider.com time to read: +5 min

Boeing's corporate planes collectively flew about 4,500 hours across some 1,800 flights last year, according to data from the aviation-tracking website JetSpy. Jet Edge InternationalThe fleet's top airports include Chicago International Airport, Washington Dulles International Airport, and Boeing Field King County International Airport — all located near Boeing's corporate offices and factories. AdvertisementThe locations of Boeing's corporate fleet on April 12, according to JetSpy data. For instance, JetSpy data shows aerospace company Lockheed Martin collectively flew its five private jets for about 2,700 hours in 2023. AdvertisementBoeing wrote in the filing that its CEO "is required to use company aircraft for all business and personal travel for security reasons."

Persons: —, Dave Calhoun, Calhoun, Brian West, Lockheed Martin, Taylor Swift, Elon Musk, Max, messier Organizations: Service, Business, Boeing Business Jets, Canadian, Bombardier, Challenger, Jet Edge, Chicago International Airport, Washington, International Airport, Boeing Field King County International, Airport, Lebanon Municipal Airport, Wall Street Journal, Boeing, Lockheed, PepsiCo, Costco, Alaska Airlines, Calhoun . Locations: Westchester, New York, Lebanon, New Hampshire, South Carolina, New Canaan , Connecticut, American

☆ Chinese runner’s win invites suspicion after rivals appear to step aside
▼ + stars: | 2024-04-15 | by ( Andrew Mcnicol | Hassan Tayir | ) edition.cnn.com time to read: +3 min

Hong Kong CNN —Chinese runner He Jie’s victory Sunday in the Beijing Half Marathon is facing a probe after his win was called into question by Chinese internet users because a trio of African runners appeared to deliberately slow down to let him win. The Chinese runner crossed the finish line in 1:03:44 to claim the $5,500 first prize, with the African trio just one second behind in joint-second place. The video clip shows the African runners applauding He’s win and patting him on the back, though the Asian Games marathon champion appears less enthused despite winning his first ever competitive half marathon. Some Chinese internet users called for an investigation into the race, while others demanded action from organizers. He is ranked 77th in the world in men’s marathon by World Athletics and is expected to lead the way for Asian runners in the upcoming Paris 2024 Summer Olympics.

Persons: Kenya’s Willy Mnangat, Robert Keter, Ethiopia’s, He’s, patting, “, ”, ” Xstep, It’s, Mark Dreyer, That’s, “ It’s, Jie, ” Dreyer Organizations: Hong Kong CNN, Asian Games, Beijing Municipal Sports Bureau, Chinese Athletics Association, CNN, Sporting, World Athletics Locations: Hong Kong, Beijing, Kenya, Weibo, China’s Ningxia

☆ Detroit put up a $400,000 Hollywood-style sign that residents think is so ugly they are making diss tracks about it
▼ + stars: | 2024-04-14 | by ( Kenneth Niemeyer | ) www.businessinsider.com time to read: +3 min

Detroit spent $400,000 on a new Hollywood-style sign as it hosts the NFL Draft. Detroit views the NFL Draft as a chance to showcase its recovery after years of financial trouble. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Detroit rapper Gmac Cash asks in his new single, "Detroit Sign." Related storyCash, a local Detroit rapper, has several songs about landmark attractions in the city, usually with a comedic spin.

Persons: —, Gmac Cash, Jessica Parker, Parker, Cash, Jimmy Kimmel, Mike Duggan, Duggan Organizations: Detroit, NFL, Service, Detroit Free Press, Times, Fairmount Sign Company, Free Press, Fairmont, Business Locations: Detroit, TikTok, Moody's, America

☆ Office Apocalypse, New Expenses Are Wrecking Big Cities' Budgets
▼ + stars: | 2024-04-14 | by ( Emily Stewart | ) www.businessinsider.com time to read: +9 min

Across the country, from Denver and Seattle to Washington, DC, and New York, cities are deciphering whether to slash their budgets. (Most states' fiscal years run from July 1 to June 30.) States and cities are facing pressure from societal issues that will weigh on tax revenue and increase costs for years to come. Aging populations mean a smaller percentage of the population that's of working age, putting downward pressure on tax revenue. But as federal funds have petered out, structural problems have resurfaced.

Persons: Justin Marlowe, Lucy Dadayan, Carol O'Cleireacain, it's, Marlowe, O'Cleireacain, Josh Goodman, Goodman, Liz Farmer, Baltimore's Francis Scott Key, Farmer, Emily Stewart Organizations: Boston, University of Chicago Harris School of Public Policy, Municipal Finance, Pew, Urban, Brookings Tax, Urban Institute, Business Locations: Denver, Seattle, Washington, New York, California , Maryland, Arizona, New York City, New York , New Jersey, Detroit, COVID, States, Maryland, United States

☆ Ukraine's military chief warns of 'significantly' worsening battlefield situation in the east
▼ + stars: | 2024-04-13 | by ( ) www.cnbc.com time to read: +6 min

Ukraine's military chief on Saturday warned that the battlefield situation in the industrial east has "significantly worsened in recent days," as warming weather allowed Russian forces to launch a fresh push along several stretches of the more 1,000 km-long (620-mile) front line. It has increasingly used satellite-guided gliding bombs — which allow planes to drop them from a safe distance — to pummel Ukrainian forces beset by a shortage of troops and ammunition. Starting last month, Moscow renewed its assault on Ukrainian energy facilities. At least 10 of the strikes damaged energy infrastructure in Kharkiv, Ukraine's second-largest city. In the winter of 2022-2023, Russia took aim at Ukraine's power grid in an effort to deny civilians light and heating and chip away at the country's appetite for war.

Persons: Oleksandr Syrskyy, Vladimir Putin, Syrskyy, Bakhmut, Bohdanivka, Olaf Scholz, Volodymyr Zelenskyy, Putin, Dmytro Kuleba, Oleh Syniehubov Organizations: Power Plant, Russian Defense Ministry, Saturday, Ukraine's, Ukraine's Defense, German Defense Ministry, Patriot, Foreign, Energy, Kremlin, Kyiv Locations: Kharkiv, Kharkiv Region, Ukraine, Moscow, Donetsk, Lyman, Pervomaiske, Pokrovsk, Bakhmut, Russia, Congress, Germany, Russian, Berlin, Kyiv, Cherkasy, Zhytomyr, Ukraine's, Lviv, Kupiansk

☆ The city whose 'doom loop' just might be worse than San Francisco's
▼ + stars: | 2024-04-13 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +5 min

An office building in St. Louis sold for $3.6 million after selling for $205 million 18 years prior. Downtown St. Louis is filled with unoccupied buildings and an unwillingness to visit them. The steep drop in the tower's value is just one sign that St. Louis' central business district is struggling, reports say. Indeed, St. Louis' downtown resembles a ghost town with a number of boarded-up buildings, according to The Wall Street Journal's Konrad Putzier. AdvertisementThe problem with Midwestern cities, like St. Louis, is that there's not much attracting people to the center of the city — and that applies to commuters, tourists, and residents.

Persons: Louis, —, Konrad Putzier, Glenn MacDonald, Business Insider's Eliza Relman, Michael Hicks, BI's Relman, Relman, Tracy Hadden Loh Organizations: Service, T, Goldman Group, News, Washington University, Olin Business School, Business, University of Toronto, Midwest ., Ball State University, Midwest, Brookings Institution Locations: St, Downtown St, Francisco's, North America, Midwest, Midwest . San Francisco, Indiana, —, San Francisco and New York

☆ E.P.A. Says ‘Forever Chemicals’ Must Be Removed From Tap Water
▼ + stars: | 2024-04-10 | by ( Lisa Friedman | ) www.nytimes.com time to read: +1 min

For the first time, the Biden administration is requiring municipal water systems to remove six synthetic chemicals linked to cancer and other health problems that are present in the tap water of hundreds of millions of Americans. The extraordinary move from the Environmental Protection Agency mandates that water providers reduce perfluoroalkyl and polyfluoroalkyl substances, known collectively as PFAS, to near-zero levels. The compounds, found in everything from dental floss to firefighting foams to children’s toys, are called “forever chemicals” because they never fully degrade and can accumulate in the body and the environment. The chemicals are so ubiquitous that they can be found in the blood of almost every person in the United States. A 2023 government study of private wells and public water systems detected PFAS chemicals in nearly half the tap water in the country.

Persons: Biden Organizations: Environmental, Agency Locations: United States

☆ Six Things to Know About ‘Forever Chemicals’
▼ + stars: | 2024-04-10 | by ( Lisa Friedman | ) www.nytimes.com time to read: 1 min

Almost half the tap water in the United States contains PFAS, a class of chemicals linked to serious health problems. In April the Environmental Protection Agency announced that, for the first time, municipal utilities will have to detect and remove PFAS from drinking water. Here’s what you need to know. What are PFAS? Today there are nearly 15,000 per- and polyfluoroalkyl substances, which collectively go by the acronym PFAS, according to a database maintained by the E.P.A.

Persons: Dupont Organizations: Environmental Protection Agency Locations: United States

☆ Where PIMCO's David Hammer sees opportunity in municipal bonds
▼ + stars: | 2024-04-09 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhere PIMCO's David Hammer sees opportunity in municipal bondsDavid Hammer, municipal bond portfolio management head at PIMCO, joins CNBC's 'The Exchange' to share his outlook on the municipal bond market, how to find tax-free returns, and more.

Persons: David Hammer Locations: PIMCO

☆ Here's how guaranteed basic-income programs get their funding
▼ + stars: | 2024-04-09 | by ( Allie Kelly | Noah Sheidlower | ) www.businessinsider.com time to read: +6 min

Cities like San Antonio, Austin, Denver, Boston, and Minneapolis have turned to basic-income pilot programs to explore ways to reduce those poverty levels. Republicans in Texas, Arizona, Iowa, and South Dakota are making efforts to ban GBI programs at the municipal and state level. AdvertisementStates and cities sometimes fund basic-income programsMany basic-income programs receive funding directly from state and local governments. Nonprofits and philanthropy play a key role in basic-income fundingOther basic-income programs are organized through a nonprofit, or receive funding from foundations and private donors. Along with funding cash payments, the Economic Security Project said that philanthropic donations can help a GBI programs pay for income policy research.

Persons: —, Monique Gonzalez, John Gillette, Flint, Joe Biden, Jack Dorsey, UpTogether Organizations: Service, Economic Security, Business, SNAP, Republicans, BI, American, ARPA, Chicago's Department of Family, Support Services, Mayors, Georgia Resilience, GRO Fund, Colorado Trust Locations: Cities, San Antonio, Austin, Denver, Boston, Minneapolis, Texas , Arizona , Iowa, South Dakota, Arizona, California, Los Angeles, San Francisco, Sacramento, Michigan, Massachusetts, Texas, Chicago, Somerville , Massachusetts, GBI, Harris, Houston, Georgia, Atlanta, Colorado

☆ Switzerland violated human rights, European court finds, in landmark climate case brought by 2,000 women
▼ + stars: | 2024-04-09 | by ( Laura Paddison | ) edition.cnn.com time to read: +4 min

CNN —An international court in France on Tuesday ruled Switzerland’s failure to adequately tackle the climate crisis was in violation of human rights, in a landmark climate judgment that could have a ripple effect across the globe. The European Court of Human Rights (ECHR) in Strasbourg, France delivered its ruling in a case brought by more than 2,000 Swiss women, the majority of whom are in their 70s, against Switzerland’s government. “It means that all European countries must urgently revise their targets so that they are science-based and aligned to 1.5 degrees. Those two claims were ruled “inadmissible.”Swedish climate activist Greta Thunberg, second left, joins youths from Portugal during a demonstration outside the European Court of Human Rights on Tuesday in Strasbourg, France. Both the International Court of Justice and the Inter American Court of Human Rights have cases pending which relate to the human rights impacts of climate change.

Persons: “, ” Gerry Liston, Vesselina Newman, ClientEarth, Greta Thunberg, Jean, Francois Badias, ”, Catarina dos Santos Mota, ” Liston Organizations: CNN, of Human Rights, Swiss, Switzerland, Global, Network, of Human, International Court of Justice, Inter American Court of Human Locations: France, Strasbourg, Portugal, Switzerland, Swiss

☆ La Huasteca Potosina: This hidden Eden in Mexico won’t stay undiscovered forever
▼ + stars: | 2024-04-08 | by ( Tree Meinch | ) edition.cnn.com time to read: +12 min

The remote landscapes of La Huasteca Potosina – part of the larger La Huasteca region spanning multiple states – include vast desert, lush mountains and rainforest nooks with turquoise rivers and waterfalls. Renting a car in the city of San Luis Potosí provides the most flexibility for visitors to chart their own paths through the state’s La Huasteca region. Corazón de Xoconostle and Auténtico San Luis both offer customized excursions from the city. Or maybe a night in the cozy town of Tamasopo on the western edge of La Huasteca Potosina. The city of San Luis Potosi is worth exploring and is a jumping-off point for a trip to La Huasteca to the east.

Persons: San Luis Potosí, Corazón de, Luna, Media Luna –, Don Juan Merendero, Juvencio Martínez Flores, Erich Schlegel, Luna wasn’t, ”, Saul Martínez Ramírez, Martínez, Puente, Puente de Dios, Dios, Mexico’s, parakeets, Miguel Galarraga, Corazon de Xoconostle, Mark Johanson, Estela Martínez, “, Elena Nilova, Salvador Dali, Edward James, James, Dali, –, Tilda Swinton, La Huasteca, Costanza Organizations: CNN, –, Hotel Media Luna, Chicago Tribune, San, Edward James Sculpture, Getty, W Magazine, La Locations: San Luis, Mexican, Madre, La, Mexico, San, Huasteca, Luis, Ciudad Valles, Media, It’s, Rioverde, Media Luna, ”, Dios, Tamasopo, Puente, Plop, las, Xilitla, Estela Martínez Santiago, San Isidro, Aquismón, Chicago, Sótano, Salvador, there’s, Mexico City, San Luis Potosi, Barrios, El, La Paz

☆ Skip the Traffic: Commuters Turn to Ferries to Get Around
▼ + stars: | 2024-04-08 | by ( Linda Baker | ) www.nytimes.com time to read: +1 min

Some coastal cities are seeing ferry ridership bounce back after a decline during the pandemic, and growing interest in water transit is spurring both new types of ferry services and waterfront development. Carteret, N.J., is launching a ferry service to Manhattan, adjacent to a waterfront film and television production complex. Ferry service is also central to the development of a new community on a former naval base off San Francisco. Last year, the Federal Transit Administration announced grants totaling $220.2 million for ferry systems. And local governments are offering tax incentives to redevelop industrial zones.

Organizations: Puget Sound, Federal Transit Administration Locations: Bremerton, Wash, Seattle, Carteret, N.J, Manhattan, San Francisco

☆ New ETF looks to profit from municipal bonds
▼ + stars: | 2024-04-06 | by ( Emily Glass | ) www.cnbc.com time to read: +1 min

A new ETF is trying to capture profits in the municipal funds space. BondBloxx's Joanna Gallegos is behind the IR+M Tax-Aware Short Duration ETF (TAXX) — which launched less than a month ago. "When you think about municipal bond portfolios, you really want people to think beyond them and look for the relative value of after-tax income," the firm's co-founder and COO told CNBC's "ETF Edge" on Monday. Gallegos sees actively managed municipal bond exchange-traded funds as an income-generating opportunity in a high rate environment. FactSet describes the fund as "tax efficient" — balancing strong after-tax income opportunities with capital preserved through both municipal and taxable short-duration fixed income securities.

Persons: BondBloxx's Joanna Gallegos, CNBC's, Gallegos, FactSet, It's, TAXX Organizations: Federal Reserve, muni Locations: Illinois, Pennsylvania, New Jersey , New York, Alabama

☆ 'Biggest mistake' bond investors may make ahead of Fed rate cuts
▼ + stars: | 2024-04-04 | by ( Anna Gleason | ) www.cnbc.com time to read: +1 min

"Your biggest mistake could be rushing back into equities before you're considering all these opportunities in fixed income," BondBloxx co-founder and COO Joanna Gallegos told CNBC's "ETF Edge" this week. To manage interest rate volatility effectively, Gallegos suggests investors look to exchange-traded funds focused on intermediate term bonds. Morgan Stanley Investment Management's Tony Rochte recommends a similar medium-term strategy with vehicles like the Eaton Vance Total Return Bond ETF (EVTR) under his firm's management. Rochte also pointed to municipal bond funds, like the Eaton Vance Short Duration Municipal Income ETF (EVSM), for income-generating opportunities. "We also converted a municipal bond mutual fund last Monday here at the NYSE to an ETF, symbol EVSM, and that's a municipal.

Persons: BondBloxx, Joanna Gallegos, CNBC's, Gallegos, Morgan Stanley, Tony Rochte, Eaton Vance, Rochte Organizations: Treasury, Morgan Stanley Investment, Eaton, Bond, NYSE

☆ Higher yielding CDs are coming due. Here’s where savers are redeploying their cash
▼ + stars: | 2024-04-04 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +3 min

Today's higher rates on CDs aren't going to last , however. For investors contending with maturing CDs, that means they're running out of places to stash their idle cash and still generate an attractive yield. "The issue is reinvestment risk," said Michael Carbone, certified financial planner and financial advisor at Eppolito Financial Strategies in Chelmsford, Massachusetts. That's because once the Fed begins cutting rates, fixed income with longer-dated maturities will allow investors to lock in those higher yields. An opportunity to diversify fixed income In addition to adding exposure to longer-dated bonds, advisors have also been diversifying across different classes of fixed income.

Persons: Wells Fargo, Banks, Jerome Powell, Michael Carbone, Catherine Valega, Valega, Carbone, Josh Nelson, he's Organizations: Green Bee, Keystone Financial Services, MBS Locations: Chelmsford , Massachusetts, Winchester , Massachusetts, Loveland , Colorado, BlackRock

CNN —A mayoral candidate has been assassinated and three others injured in a shooting in the Mexican city of Celaya, in the latest violence to mar the run-up to the country’s looming general election. Gaytán’s death is the latest in a spate of killings that have taken place in the run-up to Mexico’s general election, which is expected to be held on June 2. Bertha Gisela Gaytán From Bertha Gisela GaytánGaytán had been campaigning for Morena, the party of Mexican President Andrés Manuel López Obrador. Criminal gangs are known to finance campaigns during election season, intimidating candidates and violently intervening to compel politicians to cooperate with them, according to a report from Integralia Consultants. Shortly before Monday’s attack, Gaytán had told a political rally that she had requested security.

Persons: CNN —, Bertha Gisela Gaytán, San Miguel Octopan, Adrián Guerrero, Guerrero, Bertha Gisela Gaytán Gaytán, Morena, Andrés Manuel López Obrador, Lopez Obrador, ” Morena, ”, Gaytán, ” Gaytán, Diego Sinhue Rodríguez Vallejo Organizations: CNN, Celaya, Federal Public Security, Authorities, Integralia Consultants Locations: Mexican, Celaya, San Miguel, Guanajuato, Celaya’s, Mexico’s, Mexico

☆ What Happened When This Italian Province Invested in Babies
▼ + stars: | 2024-04-01 | by ( Jason Horowitz | Gaia Pianigiani | ) www.nytimes.com time to read: +1 min

In a municipal building in the heart of the alpine city of Bolzano, Stefano Baldo clocked out of work early for his breastfeeding break. “It’s clear I don’t breastfeed,” Mr. Baldo, a 38-year-old transportation administrator, said in his office decorated with pictures of his wife and six children. But with his wife home with a newborn, one of the parents was entitled by law to take the time, and he needed to pick up the kids. But the Alto Adige-South Tyrol area and its capital, Bolzano, more than any other part of the country, bucked the trend and emerged as a parallel procreation universe for Italy, with its birthrate holding steady over decades. The reason, experts say, is that the provincial government has over time developed a thick network of family-friendly benefits, going far beyond the one-off bonuses for babies that the national government offers.

Persons: Stefano Baldo, Mr, Baldo, “, Giorgia Meloni, Pope Francis Locations: Bolzano, Italy, Europe, South Tyrol

☆ AI is power-intensive. Top Morgan Stanley portfolio manager says that's an opportunity for one stock
▼ + stars: | 2024-04-01 | by ( Weizhen Tan | ) www.cnbc.com time to read: +2 min

AI is very power-intensive — and its power needs are only set to rise in the coming years. Morgan Stanley Investment Management's Aaron Dunn says the "next big bottleneck" for the hyperscalers — which are doing a lot of the cloud computing for AI applications — is either power or fiber. And that's why Dunn is "pretty bullish" on utilities, naming one stock to play it: CMS Energy . "And so these utilities … have a very favorable opportunity to draw solid earnings growth and good returns for them," Dunn concluded. Their power consumption is set to grow at a compound annual growth rate of 11% through 2030, the bank said.

Persons: Morgan Stanley, Morgan Stanley Investment Management's Aaron Dunn, CNBC's, Dunn, Eaton Vance, BofA, — CNBC's Pia Singh Organizations: Morgan, Morgan Stanley Investment, Morgan Stanley U.S . Value, CMS Energy, CNBC, Emerson, Nvidia Locations: United States

☆ Erdogan's rival leads in Istanbul in high-stakes Turkey vote
▼ + stars: | 2024-03-31 | by ( ) www.cnbc.com time to read: +2 min

Istanbul Mayor Ekrem Imamoglu led a challenger from President Tayyip Erdogan's AK Party in local elections on Sunday, an initial count showed, in a potential boost for the Turkish opposition's effort to reassert itself as a political force. In another blow to Erdogan, in the nation's second-largest city Ankara, incumbent opposition mayor Mansur Yavas declared victory over his AK Party (AKP) challenger less than three hours after polls closed in the nationwide municipal vote. The nationwide local elections are seen by analysts as a gauge of both Erdogan's support and the opposition's durability. Erdogan, who has led Turkey for more than two decades, campaigned hard for his party to reclaim control of Istanbul from rival Imamoglu, the incumbent mayor and potential future presidential challenger. According to official results based on 41.43% of ballot boxes opened, Imamoglu had 50% support compared with 41.26% for AK Party (AKP) challenger Murat Kurum, a former minister in Erdogan's national government.

Persons: Ekrem Imamoglu, Tayyip Erdogan's, Erdogan, Mansur Yavas, Imamoglu, Murat Kurum Organizations: Tayyip Erdogan's AK Party, AK Party, Anadolu Agency, Republican People's Party Locations: Istanbul, Turkish, Ankara, Turkey, Izmir, Bursa, Antalya, Adana

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