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Sambuca di Sicilia is hoping to continue years of success with its latest scheme to sell off abandoned homes at a very low cost. The Italian village first went viral in 2019 when it auctioned off old homes with bids starting at 1 euro. This time around, Sambuca di Sicilia has about a dozen properties set for auction, according to CNN reports. Since Sambuca di Sicilia started its viral scheme, 250 homes have been sold outside of the original auctions. Sambuca di Sicilia first went viral in 2019 for selling off homes for 1 euro.
Persons: Giuseppe Cacioppo, Sicilia, Cacioppo, it's, Juan Carlos Fotografia, di Silicia, Meredith Tabbone, Tabbone, Mickey Todiwala, she's Organizations: Sambuca, CNN, Foreigners, Istock, CNBC Locations: Sicilia, Sambuca, Chicago
Mining firm Rare Earths Norway says it has discovered Europe's largest proven deposit of highly prized rare earth elements, potentially reflecting a watershed moment for both the Nordic country and the broader region. One of the few deposits not owned or controlled by China, the discovery of continental Europe's largest rare earths deposit is considered a welcome boost in Europe's bid to break China's rare earths dominance. Alf Reistad, CEO of Rare Earths Norway, told CNBC that the discovery at Fen represents a "great milestone" for the company. "It is important to state that there is absolutely no extraction of rare earth elements in Europe today," Reistad said via videoconference on Monday. Rare Earths Norway said the rare earths deposit in Telemark, roughly 210 kilometers (130 miles) southwest of Oslo, is likely to underscore Norway's position as an integral part of Europe's rare earth and critical raw material value chain.
Persons: Alf Reistad, Reistad Organizations: Tech Co, Mining, Nordic, Rare, Norway, CNBC Locations: Mongolia, Baotou, Inner Mongolia, China, Norway, Sweden, Europe, videoconference, Telemark, Oslo
I've wanted to try every flavor at Baskin-Robbins since I was 7, and I finally got the chance. My location had two bonus ice creams, so I tasted and ranked 33 different flavors. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . The chain was originally known for its 31 flavors of ice cream, but between seasonal rotations and menu updates, it's offered more than 1,000 flavors over the years. This story is available exclusively to Business Insider subscribers.
Persons: I've, Robbins, , it's Organizations: Baskin, Service, Business
I started by making the batter I'd use for all three methods. I went with a simple Betty Crocker brownie mix. Meredith SchneiderTo keep the variables consistent, I used the same brownie batter for all three batches. Since I'm not as precise a baker as I'd like to be, I turned to a boxed mix for this experiment. The basic brownie recipe ended up being a box of Betty Crocker mix, two eggs, ½ cup of vegetable oil, and 2 tablespoons of water.
Persons: Betty Crocker, Meredith Schneider, I'm
That's significantly lower than the 71 seats the Greens/EFA secured when the green faction enjoyed its strongest ever showing five years ago. Nationalist and far-right parties — traditionally skeptical of climate issues — have also been vocal critics of green policies. Bas Eickhout Lead candidate for the Green PartyBas Eickhout, lead candidate for the Green Party, said that support for the far-right parties across the bloc could jeopardize Europe's progress on climate action. Green Deal 'cannot go back'Ahead of the vote, researchers warned that the outcome of the European elections was likely to put significant pressure on the European Green Deal, the region's showcase carbon neutrality program. Which means [the] Green Deal cannot go back, but we are prepared to give it this additional twist, which is a Green Deal, but taking care of the transitions," Marques told CNBC's Silvia Amaro.
Persons: Emmanuel Macron, , we're, Eickhout, CNBC's Silvia Amaro, Ricarda Lang, Grünen, Terry Reintke, Omid, Reintke, Pedro Marques, Marques, Jorg Asmussen, Asmussen, CNBC's Annette Weisbach, John Macdougall Organizations: Afp, Getty, European Free Alliance, Greens, EFA, Democracy, European Union, European Conservatives, Social Democrats, Free Democrats, French, Union, Nationalist, Bas Eickhout, Green Party, Green, Green Deal, Socialist, Democrats Group, German Insurance Association Locations: The Hague, Germany, Austria, France, Bas, China, United States, Europe, European, Berlin's Columbiahalle, Denmark, Netherlands, Sweden, Finland, Croatia, Latvia, Slovenia, Lithuania, EU, den Linden, Berlin
Read previewAmerica's job market is mysteriously short of young men. Zack Mabel, a research professor at Georgetown University, theorizes that falling labor force participation among young men could impact the economy for at least several decades. AdvertisementStraining the economyThe economy appears to already be feeling the decline in male workforce participation. Besides the years following the pandemic, US workforce participation rate hasn't been that low since the 70s, World Bank data shows. There's no clear answer for how to get young men back into the workforce.
Persons: , Carol Graham, That's, Graham, They're, Zack Mabel, Mabel, Meredith Whitney, Whitney, they're Organizations: Service, Brookings Institute, Bureau of Labor Statistics, Business, Georgetown University, World Bank, Bank, Wall, Brookings, Government, Social Locations: Brookings
Russia's President Vladimir Putin gestures as he delivers a speech during the Saint Petersburg International Economic Forum (SPIEF) in Saint Petersburg on June 7, 2024. Russian President Vladimir Putin said Friday that nearly 40% of the country's trade turnover is now in rubles as the share conducted in dollars, euros and other "non-friendly" Western currencies has fallen away. Putin said payments for Russian exports in "so-called 'toxic' currencies of non-friendly states" had halved over the last year. "With that, the share of the ruble in import and export operations is increasing, now standing at almost 40%," Putin said, according to a translation. The West has sought to cut off Russia's $2 trillion economy in response to Moscow's full-scale invasion of Ukraine in February 2022.
Persons: Vladimir Putin, Putin Organizations: Saint Petersburg, Economic, St ., Kremlin, International Monetary Fund, U.S Locations: Saint Petersburg, St, St . Petersburg, Russia, Brazil, India, China, South Africa, Asia, Latin America, Africa, Ukraine, Germany, France, Moscow
Knox, Sollecito and Ivory Coast native Rudy Guede, whose DNA was present in the murder room, were all convicted of the murder in 2009. Guglielmo Mangiapane/Reuters/FileKnox and Sollecito’s murder convictions were overturned by a Perugia appellate court in 2011 after an independent review of key forensic evidence, only to have that acquittal overturned by Italy’s supreme court in 2013. The 36-year-old Seattle native, now a mother of two, along with Sollecito, were definitively cleared in 2015 of Kercher’s murder after Italy’s supreme court voided the 2013 re-conviction. After being cleared of murder, Knox remained convicted of slander against Lumumba, a ruling upheld by Italy’s supreme court in 2015. The decision will then have to go to Italy’s supreme court once more.
Persons: Rome, Amanda Knox, Knox, Patrick Lumumba, Meredith Kercher, Lumumba, Raffaele Sollecito, Rudy Guede, Guede, Sollecito, Guglielmo Mangiapane, Italy’s, ” Knox, Monica Lewinsky Organizations: Rome CNN, Democratic, Ivory Coast, of Human, CNN, White House, Hulu Locations: Italy, Italian, Perugia, Kercher’s, Democratic Republic of Congo, Sollecito, Ivory, Seattle, Florence
You've heard this one before: A big tech company is offering a lifeline to distressed media companies. That's the argument against a slew of deals publishers have been making with Sam Altman's OpenAI over the past few months. But the OpenAI deals, the publishers emphasize, are straightforward licensing deals for stuff they're already making. AdvertisementWhich means — they say — at the end of these deals, publishers won't have to regret investing in another defunct Big Tech project. But the thing I'm most worried about as someone who makes words for a living isn't a replay of the old Facebook/Apple/Google deals publishers now regret.
Persons: You've, It's, Sam Altman's OpenAI, Axel Springer, Rupert, Barry Diller's Dotdash Meredith, Laurene Powell, haven't, OpenAI, it's, Jessica Lessin, Lucy, Charlie Brown, , Let's, Bob Iger, ChatGPT, that's Organizations: Service, Vox Media, Rupert Murdoch's News Corp, Laurene Powell Jobs, Atlantic Media, Apple, Google, Facebook, The New York Times, Big Tech, New York Times, Microsoft, Netflix, ABC, Disney
That's a stark change from 2015, when the WMO considered the prospect of temporarily overshooting 1.5 degrees Celsius close to zero. The 1.5 degrees Celsius limit is the aspirational target of the landmark Paris Agreement, an international treaty on climate change that was adopted in 2015. Scientists say that exceeding this temperature threshold over the long term will lead to increasingly frequent and catastrophic extreme weather events. António Guterres United Nations Secretary-GeneralEven at current levels of global warming, there are already devastating climate change impacts. Guterres said that the battle to limit long-term temperatures to 1.5 degrees Celsius will be won or lost in the 2020s under the watch of today's world leaders.
Persons: Javier Torres, António Guterres, Guterres, Antonio Guterres, Charly Triballeau, Angelos Tzortzinis Organizations: Afp, Getty, United Nations, World Meteorological Organization, WMO, UN, American Museum of Locations: Quilpue comune, Valparaiso region, Chile, Paris, Russian, New York, Italy, Athens
Australia on Wednesday announced it had dropped its legal battle against Elon Musk's X to have graphic footage of a church stabbing in Sydney removed from the social media platform. The dispute was widely seen as a test case for the Australian government's ability to enforce its online safety standards on the social media giants. Julie Inman-Grant, Commissioner of Australia's online safety regulator, said in a statement that after weighing "multiple considerations," she decided that discontinuing the proceedings would "likely achieve the most positive outcome for the online safety of all Australians, especially children." I stand by my investigators and the decisions eSafety made," Inman-Grant said, referencing Australia's independent regulator for online safety. Last month, the Musk-owned social media platform won a reprieve in Australia when a court refused to extend a temporary order blocking videos of a Sydney church stabbing globally.
Persons: Elon Musk, Tesla, Elon Musk's, Julie Inman, eSafety, Inman, Grant, Musk, Bishop Mar Mari Emmanuel, Australia's Organizations: SpaceX, X Holdings Corp, Milken Institute's Global, Beverly Hilton Hotel, Wednesday, Grant, X's Global Government Affairs Locations: Beverly Hills , California, Australia, Sydney, Australian
French soccer star Kylian Mbappe will reportedly receive a signing-on bonus of at least £85 million, or $108.4 million, over the next five years after completing his much-anticipated move to Spanish giant Real Madrid. The 25-year-old World Cup winner is expected to officially join Real Madrid on a free transfer when his contract with Paris Saint-Germain expires at the end of June. A spokesperson for Real Madrid did not immediately respond to CNBC's request for comment. One of the photos showed Mbappe meeting former Real Madrid player and five-time Ballon d'Or winner Cristiano Ronaldo. Confirmation of Mbappe's move to Real Madrid came shortly after the Spanish club won the Champions League final for a record-extending 15th time.
Persons: Kylian Mbappe, Germain, Mbappe, Ballon, Cristiano Ronaldo Organizations: UEFA, Real, Mbappe, Real Madrid, Paris Saint, Media, Sky Sports, BBC, CNBC, Spanish, Champions League, Ligue Locations: Clairefontaine, Yvelines, French, Spanish, Real Madrid, Madrid, Real
Presidential candidate Claudia Sheinbaum of ''Sigamos Haciendo Historia'' coalition waves to supporters during the 2024 closing campaign event at Zocalo on May 29, 2024 in Mexico City, Mexico. Mexico's left-leaning climate scientist Claudia Sheinbaum secured enough votes to become the Latin American country's first-ever female president. The country's electoral institute published a rapid count estimate late Sunday night saying that Sheinbaum had won the presidential election. Sheinbaum has previously worked as a contributing author to a report from the U.N.'s Intergovernmental Panel on Climate Change. Yet, the 61-year-old did not make the climate threats facing Mexico a central part of her campaign.
Persons: Claudia Sheinbaum, Mexico's, Sheinbaum, Xóchitl Gálvez, Andrés Manuel López Obrador, AMLO, Verisk Maplecroft Organizations: American, Mexico City Locations: Zocalo, Mexico City, Mexico, Sheinbaum, Morena
The European Union's upcoming 14th sanctions package against Russia must do more to choke off energy exports and clamp down on circumvention by third parties, an advisor to the office of Ukraine President Volodymyr Zelenskyy told CNBC. Vladyslav Vlasiuk said it was also vital to tighten export controls on critical technologies used within Moscow's military equipment. However, he noted that EU states would need to work more cohesively for sanctions to stand a chance of crossing the line by the end of next month as planned. The EU's special envoy for the implementation of sanctions, David O'Sullivan, was in Kyiv Thursday to discuss the latest sanctions package amid ongoing pushback from member states such as Hungary. Shapoval noted, however, that gas supplies were much more difficult to direct without European infrastructure than, for example, oil.
Persons: Volodymyr Zelenskyy, Vladyslav Vlasiuk, Vlasiuk, David O'Sullivan, Nataliia, Shapoval, — Karen Gilchrist Organizations: CNBC, Kremlin, Russian Sanctions, EU Locations: Russia, Kyiv, Hungary, Belarus, China, India
New Japanese 1000 Yen banknote on display inside the Currency Museum of the Bank of Japan's Institute for Monetary and Economic Studies. Data from Japan's Ministry of Finance on Friday confirmed the country's first currency intervention since 2022, after the yen plunged to a 34-year-low in April. The ministry on Friday stated Japan spent 9.7885 trillion yen ($62.25 billion) on currency intervention between April 26 and May 29, according to a Google-translated statement. Japan last intervened to stabilize the currency in October 2022, when the yen fell to lows of around 152 per dollar. Authorities intervened three times that year to stabilize the currency, reportedly spending as much as a combined 9.2 trillion yen over the period.
Persons: Shunichi Suzuki, Suzuki, CNBC's Dan Murphy Organizations: Currency Museum, Bank of Japan's Institute for Monetary, Economic Studies, Japan's Ministry of Finance, U.S, Bank of America Global Research, Bank of Japan, Japanese Finance, Authorities Locations: Japan, London
Chandan Khanna | Afp | Getty ImagesOrange juice prices have climbed to fresh all-time highs amid persistent supply constraints, pushing the industry into crisis mode and forcing some makers to consider alternative fruits. The benchmark frozen concentrated orange juice futures, traded on the Intercontinental Exchange in New York, closed at $4.77 per pound on Wednesday . Orange juice on display in a grocery store on Jan. 19, 2023, in Miami, Florida. "A lot of them will be changing the quantities of juice they are putting in their blends to drop the orange juice and increase other juices, such as pear juice, apple juice, grape juice, so they are less reliant on the orange juice," Campbell told CNBC via telephone. "It does seem like this [situation] is going to be here for the longer term," he added, noting that some players in the orange juice market had observed a large drop in demand year-over-year.
Persons: Chandan Khanna, That's, Joe Raedle, Harry Campbell, Campbell, Fundecitrus Organizations: Afp, Getty, Intercontinental Exchange, CNBC, Bloomberg Locations: Arcadia , Florida, Florida, Brazil, U.S, New York, Orange, Miami , Florida, Itupeva, Sao Paulo state, Sao Paulo
A dormitory of the Novokramatorsk Machine-Building Plant is heavily damaged by a Russian missile strike on May 29, 2024 in Kramatorsk, Donetsk Oblast, Ukraine. Russian Foreign Minister Sergey Lavrov suggested on Thursday that China could hold peace talks to resolve the Ukrainian crisis, praising Beijing for its "constructive approach." His comments come shortly after Ukrainian President Volodymyr Zelenskyy urged U.S. President Joe Biden to attend a peace summit in Switzerland in mid-June. Meanwhile, Zelenskyy has thanked Sweden for donating a military support package worth 13 billion kronor ($1.2 billion). "Today we are grateful to Sweden: there is a new and very significant military package for our warriors," Zelenskyy said Wednesday during his daily evening address.
Persons: Sergey Lavrov, Lavrov, Rossiya, Volodymyr Zelenskyy, Joe Biden, Zelenskyy Organizations: Russian, Foreign, U.S Locations: Russian, Kramatorsk, Donetsk Oblast, Ukraine, China, Beijing, Switzerland, Sweden
Argentina's President Javier Milei waves during the commemoration of the 214th anniversary of the May Revolution that led to the independence from Spain, at Plaza San Martin in Cordoba, Argentina, on May 25, 2024. On his seventh overseas trip since taking office late last year, Argentina's Milei traveled to San Francisco late Monday and has since met with OpenAI CEO Sam Altman, Google's Sundar Pichai and Apple CEO Tim Cook. The right-wing leader, and self-described "anarcho capitalist," is scheduled to meet with Meta CEO Mark Zuckerberg before departing from the U.S. on Friday. On a separate trip to the U.S. last month, Milei met with tech billionaire Elon Musk at a Tesla electric car factory in Austin, Texas. The growth of AI data centres will also require significant energy and water resources, of which Argentina has in abundance."
Persons: Javier Milei, Diego Lima, Argentina's Milei, Sam Altman, Google's Sundar Pichai, Tim Cook, Mark Zuckerberg, Milei, Elon Musk, Nicolas Saldias, Saldias, Mariano Machado, Verisk Maplecroft, We're, " Machado, Javier Milei's, Luis Robayo Organizations: Plaza San, Afp, Getty, Apple, Meta, U.S, Analysts, America, Economist Intelligence Unit, CNBC, Americas, Verisk Locations: Spain, Plaza San Martin, Cordoba, Argentina, San Francisco, U.S, Austin , Texas, Olivos, Buenos Aires Province
Demonstrators protesting the "foreign influence" law crowd outside the parliament building in central Tbilisi on May 28, 2024. Georgian lawmakers on Tuesday voted to override a presidential veto on a Russia-style "foreign agents" law, pushing forward with legislation that has triggered international condemnation and large-scale protests in the South Caucasus nation. Georgian President Salome Zourabichvili vetoed the controversial legislation on May 18, saying on social media platform X that the "fundamentally Russian" law represents "an obstacle to our European path." Zourabichvili, a critic of the ruling Georgian Dream government, has called for a repeal of the law. Georgian Prime Minister Irakli Kobakhidze has said the bill will create "strong guarantees" to help ensure long-lasting peace in the country.
Persons: Salome Zourabichvili, Irakli Kobakhidze Organizations: Union, NATO, United Nations, EU, Kremlin ., Georgian Locations: Tbilisi, Russia, South Caucasus, The U.S, Georgian, Soviet Union
With my $40 budget, I typically get things like mochi ice cream and frozen taquitos. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . I visit the chain about once a week and try to stick to a $40 budget. My list varies a bit each week, but there are some tried-and-true staples I reach for on a regular basis. This story is available exclusively to Business Insider subscribers.
Persons: , I'm Organizations: Service, Business Locations: Midwest
Younger Americans are finally outspending baby boomers, former Wall Street bank analyst Meredith Whitney recently noted. That's an encouraging sign for the US economy, which most economists believe is healthy, though some bearish prognosticators have serious doubts. There are several possible explanations for these findings and numerous takeaways from them, the "Oracle of Wall Street" said. However, young Americans' spending power shouldn't be discounted, as Whitney suggested that they command relatively high salaries since they attend college at higher rates. A continued economic expansion would be especially crucial for Gen Zers and millennials, who are entering the workforce or establishing their careers.
Persons: , Meredith Whitney, That's, Whitney, Zers, relaunching, boomers, it's, Gen Zers Organizations: Service, Business, Meredith Whitney Advisory Group, Target, Starbucks, BI, Walmart, American, American Express Locations: Street
Brooke Shields, the model-turned-actor who has starred in films, television and onstage, has been elected as the next president of Actors’ Equity Association, the labor union representing stage actors and stage managers. She succeeds Kate Shindle, who had been the union’s president since 2015, and announced last month that she would not seek re-election. The position of Equity president is a volunteer job, and Shields was elected to a four-year term. Shields won the election with about half the vote; the balance was split between two Equity vice presidents, Erin Maureen Koster and Wydetta Carter. Her victory was reported by the newsletter Broadway Journal and announced by the union on Friday; a union spokesman said she was not available for an interview.
Persons: Brooke Shields, Shields, Kate Shindle, Burgess Meredith, Ellen Burstyn, Colleen Dewhurst, Ron Silver, Erin Maureen Koster, Wydetta Carter Organizations: ’ Equity Association, Broadway Journal
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Signal's CEO has weighed in on the OpenAI-Scarlett Johansson controversy, accusing the buzzy AI company of having a "dorm room" culture. OpenAI unveiled the "Sky" artificial intelligence voice option last week alongside an announcement about the company's new GPT-4o large language model. On Monday, Johansson released a statement alleging that Altman had previously approached her about voicing Sky, which she declined. AdvertisementThe company has paused using the Sky voice in its products, OpenAI said.
Persons: , Meredith Whittaker isn't, Scarlett Johansson, Whittaker, Sam Altman, Johansson, they're, OpenAI, Altman Organizations: Service, OpenAI, TechCrunch, Business
CNN —Cassie Ventura has shared a statement expressing her gratitude for the support she has received since CNN’s publication of a 2016 surveillance video that showed her being physically assaulted by her then-boyfriend, Sean “Diddy” Combs. Combs‘ decision to settle the lawsuit does not in any way undermine his flat-out denial of the claims. Video Ad Feedback ‘I take full responsibility’: Sean ‘Diddy’ Combs reacts to 2016 video showing him assaulting then-girlfriend 02:39 - Source: CNNVentura’s attorney Meredith Firetog criticized his response. Growing legal issues for CombsIncluding Ventura’s lawsuit, Combs has been named in seven civil lawsuits in recent months. One of the six suits names Combs as a defendant but was brought against Combs’ son, Christian Combs.
Persons: Cassie Ventura, Sean “ Diddy ” Combs, ” Ventura, , , Combs, Ventura, ” Ben Brafman, “ Mr, ” Combs, Sean ‘ Diddy ’ Combs, Meredith Firetog, Cassie, Combs ’, Christian Combs, Ventura’s, CNN’s Sandra Gonzalez, Alli Rosenbloom, Elizabeth Wagmeister Organizations: CNN, Ventura, Authorities, Department of Homeland Security
Meta may need such access to make its generative AI tools, like Meta AI, more effective for users and more competitive in the increasingly crowded market of generative AI search tools and chatbots, the people said. User posts and comments on Facebook or Instagram are not necessarily the type of high-quality training data that generative AI chatbots and search tools need to generate quality outputs. Previously, Zuckerberg said he did not expect the generative AI boom. The US Copyright Office is considering new rules to cover generative AI. Major rival tech companies now fiercely competing in generative AI have already entered into deals with news publishers and media outlets for more access to content to be used as model training data.
Persons: Meta, Mark Zuckerberg, Zuckerberg, Dotdash Meredith, Axel Springer, OpenAI, Kali Hays Organizations: Service, Meta, Facebook, Business, News, Google, US, News Corp, Financial, Associated Press, BI, Politico, Microsoft, The New York Times, Times Locations: Europe, khays@businessinsider.com
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