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☆ These stocks have fallen too much, too fast and could be due for a rebound after broad market sell-off
▼ + stars: | 2024-08-02 | by ( Hakyung Kim | ) www.cnbc.com time to read: +3 min

This week's market sell-off has pushed several stocks into oversold territory — potentially setting these names for a rebound in the future. Troubled cybersecurity stock CrowdStrike is the most oversold stock on the list with an RSI of just 13.6. Some of this week's most overbought companies include defense giant Lockheed Martin , tobacco company Philip Morris International and FirstEnergy . Of the names on the list, Lockheed Martin has the highest 14-day RSI reading of 93.7. LMT YTD mountain Lockheed Martin in 2024

Persons: Goldman Sachs, LULU, Lockheed Martin, Philip Morris Organizations: Nasdaq, Dow Jones, CNBC, Moderna, U.S, Street, Lockheed, Philip Morris International, Bank of America Locations: LSEG, Thursday's

☆ Agency Votes to Replace Official Accused of Rushing Start of Seabed Mining
▼ + stars: | 2024-08-02 | by ( Eric Lipton | ) www.nytimes.com time to read: +1 min

The international agency charged with regulating seabed mining worldwide voted on Friday to replace its top executive, after accusations that the British lawyer running the agency was too closely aligned with the mining industry. Leticia Carvalho, an oceanographer from Brazil and a United Nations environmental regulator, was elected by a 79-to-34 vote by the nations that run the International Seabed Authority to replace Michael Lodge, a lawyer who has overseen the agency for nearly eight years. “I can’t wait to start to work with state parties and stakeholders at this honorable organization,” Ms. Carvalho said after the vote, which was done by secret ballot. Mr. Lodge has been a polarizing figure at the seabed authority, which has jurisdiction over any future mining in international waters. Environmentalists have argued that he worked behind the scenes with private contractors to try to accelerate the start of mining.

Persons: Leticia Carvalho, Michael Lodge, “, ” Ms, Carvalho, Lodge Organizations: United, Authority Locations: Brazil, United Nations

☆ Wall Street will look for signs of what's next for the market after a rocky start to August
▼ + stars: | 2024-08-02 | by ( Sarah Min | ) www.cnbc.com time to read: +5 min

The S & P 500 ended the week down by 2%. As of Friday, the Nasdaq Composite was more than 10% below its recent high, while the S & P 500 was down by 5.7%. Markets were last pricing in a 71% chance of a half percentage point rate cut in September, up from 22% on Thursday, according to the CME FedWatch Tool . Brands , Fidelity National Information Services , Uber Technologies , Marathon Petroleum , Caterpillar Wednesday Aug. 7 3 p.m. Consumer Credit (June) Earnings: Costco Wholesale , Warner Bros. Discovery , Occidental Petroleum , Ralph Lauren , CVS Health , Hilton Worldwide Holdings , Walt Disney Company Thursday Aug. 8 8:30 a.m.

Persons: Stocks, payrolls, Bill Hornbarger, Benjamin F, Edwards, Russell, Claudia Sahm, selloff, Michael Kantrowitz, Piper Sandler, Kantrowitz, Jan Hatzius, Goldman Sachs, Hatzius, CNBC's, Eli Lilly, Ralph Lauren, Martin Marietta Organizations: Nasdaq, Treasury, Investors, Federal Reserve, Walt Disney Company, Caterpillar, Costco, Micro Computer, PMI, PMI Services, Services PMI, Simon Property Group, Diamondback Energy, Tyson Foods, Devon Energy, Airbnb, Wynn Resorts, TransDigm, Brands, Fidelity National Information Services, Uber Technologies, Marathon Petroleum, Consumer Credit, Costco Wholesale, Warner Bros, Discovery, Occidental Petroleum, CVS Health, Hilton Worldwide Holdings, Gilead Sciences, Akamai Technologies, News Corp, Paramount Global, Expedia, Martin, Martin Marietta Materials Locations: Fortinet, Devon

☆ Turkish Airlines wants to go toe-to-toe with its Middle Eastern rivals. See inside its luxurious new business class suites.
▼ + stars: | 2024-08-02 | by ( Pete Syme | Taylor Rains | ) www.businessinsider.com time to read: +1 min

Its business class already has a good reputation, ranked 10th worldwide by Skytrax. However, Turkish Airlines faces steep competition. Other Middle Eastern airlines, like Qatar Airways and Emirates, have built strong reputations thanks partly because of their business-class offerings. This story is available exclusively to Business Insider subscribers. For the first time, its business class will feature privacy dividers and sliding doors in every suite.

Persons: — Organizations: Service, Turkish Airlines, Farnborough, Skytrax, Qatar Airways, Emirates, Business, Airbus, Boeing

Best Credit Cards for Excellent Credit of August 2024Compare the Top Credit Cards for Excellent CreditBest mid-tier travel card Chase Sapphire Preferred® Card Apply now lock icon An icon in the shape of lock. Best Credit Cards for Excellent Credit ReviewsConsumers with excellent credit have a lot of options when it comes to credit cards. The Bank of America® Premium Rewards® credit card isn't flashy, but it offers unique long-term value for those who prefer cash back credit card rewards and have a broader banking relationship with Bank of America. The Capital One Venture X Rewards Credit Card is Capital One's entry into the premium credit card market. Credit Cards for Excellent Credit Frequently Asked QuestionsWhat is the best credit card to get with an 800 credit score?

Persons: Read, Merrill, Miles you've, Miles you’ve, Miles, There’s, Uber, Wiley, Julie Mehretu, Peacock, Uber Cash, Chase, Cardholders, cardholders, you've, you'll, You'll, It's, Peter Rothbart, he's, Peter, Angela Fung Organizations: FICO's, Chase Travel, Chase, Sapphire, Hotel, FDIC, Bank of America, Bank of America's, of America, Bank of America Travel Center, TSA, Travel Insurance, Discover's, Discover . Discover, Capital, One, Premier, Express, American Express, Hilton, Marriott, Saks, Entertainment, Disney, ESPN, The New York Times, Street, American, Walmart, Global, Saks Fifth, Saks Fifth Avenue, Business, Finance, TSA PreCheck, PreCheck, Resorts Locations: Hulu, Wells, Seattle , Washington, Vegas, Pacific

☆ Senior U.S. Diplomat Will Lead Kamala Harris’s Running Mate’s Team
▼ + stars: | 2024-08-02 | by ( Michael Crowley | ) www.nytimes.com time to read: +1 min

Elizabeth M. Allen, a veteran diplomat and political operative, is stepping down from her position as the U.S. under secretary of state for public diplomacy to take on a senior role in Vice President Kamala Harris’s presidential campaign. On Saturday, Ms. Allen will become the chief of staff to Ms. Harris’s running mate, whose selection is expected to be announced in the coming days, according to a person familiar with the matter. Ms. Allen, who has held other State Department posts, is a rare figure to transition between the worlds of diplomacy and national politics. During the 2020 campaign, she was the communications director for Ms. Harris’s vice-presidential operations. Colleagues said Ms. Allen played a larger, intangible role as a key member of Secretary of State Antony J. Blinken’s core team.

Persons: Elizabeth M, Allen, Kamala Harris’s, Harris’s, Obama, Joseph R, Biden, —, Antony J Organizations: Department, House, State Department Locations: Buffalo

☆ China doping controversy casts a shadow over Olympic swimming
▼ + stars: | 2024-08-01 | by ( Simone Mccarthy | Andrew Mcnicol | ) edition.cnn.com time to read: +8 min

The global sports doping watchdog World Anti-Doping Agency (WADA) accepted the assessment without an appeal. Concern only deepened Tuesday, after WADA acknowledged a separate 2022 case in which two Chinese swimmers tested positive for “trace amounts of a prohibited substance metandienone,” a banned anabolic steroid. “I feel so wronged,” said Zhang, denying that Chinese swimmers engaged in doping. The 2022 case, reported by the Times earlier this week, involves a swimmer on the Chinese roster in Paris, according to the paper. Personally, I believe that seven doping tests in one day might have disrupted our Chinese swimming team,” Gao wrote on Weibo.

Persons: Zhang Yufei, Zhang, ”, WADA, CHINADA –, Travis Tygart, “, it’s, CHINADA, Pan, Jonathan Nackstrand, China’s Pan Zhanle, Gao Min, Qin Haiyang’s, ” Gao, Yu Liang, they’ve Organizations: Hong Kong CNN —, Paris Olympics, Tokyo, China’s, Doping Agency, Tokyo Games, New York Times, ARD, Times, CNN, Getty, Aquatics, Paris Olympic, ’, China national, commentors Locations: Hong Kong, China, United States, Australia, Beijing, Paris, AFP, Tokyo, Weibo, France

Jenny Hunnicutt poses in front of the Royal Caribbean Ultimate World Cruise, which she's been on for nearly nine months traveling the world. As a U.S. citizen or permanent resident, you incur U.S. income taxes on "worldwide income," whether you're making money from a ship or another country. Gifts can become 'taxable income'For some self-employed cruise passengers, income could come in different forms. Joe Martucci, another passenger on the ship, is a certified public accountant who lived abroad for 16 years. Retired CPA Joe Martucci poses for a photo in Montenegro, a stop on the Royal Caribbean Ultimate World Cruise.

Persons: Jenny Hunnicutt, she's, Hunnicutt, Jane Mepham, Mepham, Joe Martucci, He's, Martucci Organizations: Royal, Financial Locations: Florida, Bahamas, Austin , Texas, Montenegro, Australia

☆ How 5G connectivity has evolved at the Olympic Games
▼ + stars: | 2024-08-01 | by ( Chris Stokel-Walker | ) www.businessinsider.com time to read: +6 min

It's the culmination of years of fine-tuning over successive Olympic Games — as this timeline shows. The Olympic Games are perhaps the world's best-known sporting competition, broadcast to billions worldwide. Here's how 5G capabilities have progressed at the Olympic Games since 2018, starting with a small trial at the 2018 Winter Olympics in Pyeongchang, South Korea, and expanding to today's Games-wide connectivity experience. The companies jointly developed the 5G network at what organizers called "the most innovative Olympic Games ever." Beijing Winter Olympics 2022China has long been an innovator of mobile technology, and the 2022 Winter Olympics in Beijing proved no exception.

Persons: —, Markus Nispel, Mario Reis, Orange, Bertrand Rojat, Rojat Organizations: Paris, Service, Olympic, Extreme Networks, Europe, Olympic Games, today's, KT, Korea Telecom, Sync, Tokyo, Intel, NTT Docomo, Tokyo Games, Olympic Broadcasting Services, Games, Paris Olympic Locations: Paris, Africa, Pyeongchang, South Korea, Tokyo, Beijing, China, Orange

☆ This Scientist Wants to Block the Sun to Cool the Earth
▼ + stars: | 2024-08-01 | by ( David Gelles | ) www.nytimes.com time to read: +1 min

David Keith was a graduate student in 1991 when a volcano erupted in the Philippines, sending a cloud of ash toward the edge of space. Seventeen million tons of sulfur dioxide released from Mount Pinatubo spread across the stratosphere, reflecting some of the sun’s energy away from Earth. The result was a drop in average temperatures in the Northern Hemisphere by roughly one degree Fahrenheit in the year that followed. Global temperatures have hit record highs for 13 months in a row, unleashing violent weather, deadly heat waves and raising sea levels. The main driver of the warming, the burning of fossil fuels, continues more or less unabated.

Persons: David Keith, Keith Locations: Philippines, Mount Pinatubo, Northern

☆ 'Road House' director Doug Liman said 50 million people watched his movie, but he 'didn't get a cent.' Compared to Amazon, he said Apple TV+ is 'above board.'
▼ + stars: | 2024-08-01 | by ( Eammon Jacobs | ) www.businessinsider.com time to read: +3 min

Read preview"Road House" director Doug Liman said Amazon didn't pay him "a cent" despite 50 million people watching the action movie starring Jake Gyllenhaal on Prime Video. Road House has become Amazon MGM Studios’ most-watched produced film debut ever on a worldwide basis. In it, he said that the studio originally agreed to give "Road House" a traditional theatrical release, but plans changed. "Forget about the effect on the industry — 50 million people saw 'Road House' — I didn't get a cent, Jake Gyllenhaal didn't get a cent, [producer] Joel Silver didn't get a cent. Cases like "Road House" are part of why the writers' and actors' unions went on strike from May to November last year.

Persons: —, Doug Liman, Jake Gyllenhaal, Patrick Swayze, Liman, IndieWire, Jake Gyllenhaal didn't, Joel Silver didn't Organizations: Service, Amazon, Apple, Business, Amazon MGM Studios, MGM

☆ Regular aspirin use may help lower risk of colorectal cancer, study finds, especially for those with unhealthy lifestyles
▼ + stars: | 2024-08-01 | by ( Jen Christensen | ) edition.cnn.com time to read: +6 min

CNN —Regular aspirin use may keep the oncologist away, at least when it comes to colorectal cancer, according to a new study, and people with unhealthy lifestyles seemed to see the greatest benefit. Colorectal cancer is the second most common cause of cancer death worldwide, predicted to cause more than 52,500 deaths in the US alone in 2023. The use of two or more regular-strength aspirin or six or more low-dose aspirin per week was considered regular aspirin use for the purpose of this research. Those regular users were found to have an 18% lower risk of developing colorectal cancer than non-users. They argue that doctors should weigh different lifestyle risk factors when they determine whether someone should take regular aspirin to prevent colorectal cancer.

Persons: it’s, Christina Annunziata, ”, Annunziata, Raymond DuBois, Dr, Sanjay Gupta, DuBois, “, Jennifer Davids, shouldn’t, Davids, wasn’t Organizations: CNN, US Preventive Services Task Force, JAMA Oncology, Health, BMI, American Cancer Society, American Association for Cancer Research, CNN Health, Hollings Cancer, Medical University of South, Boston Medical Center Locations: Charleston, Medical University of South Carolina

☆ Millennial Internet Is Dead; RIP Neopets, Club Penguin, and Webkinz
▼ + stars: | 2024-08-01 | by ( Aimee Pearcy | ) www.businessinsider.com time to read: +13 min

At Club Penguin, I adopted colorful pets called puffles and purchased kitsch furniture for my virtual igloo. "I was big on Club Penguin, Wizard101, Moshi Monsters, and this obscure one called Ourworld," he told me. Club Penguin, which ran from 2005 to 2017, stands out as one of the era's most beloved virtual worlds. "That same generation logged into Club Penguin to play with friends." In 2017 it shut down Club Penguin and replaced it with a mobile version, Club Penguin Island.

Persons: millennials, Gen Zers, Dylan Maleno, Lance Priebe, I'd, Jake Hahn, they're, Sara Grimes, weren't, Flappy Bird, Disney, Toontown, they've, MMOs, Roblox, Ashley Hernandez, " Hernandez, Neopets, Dominic Law, Aimee Pearcy Organizations: Penguin, Disney, University of Toronto's, of Information, Fortnite, Facebook, The New York Times Locations: Pennsylvania, Wizard101, Moshi, Illinois, Fortnite, New York City

☆ Haniyeh’s Death Will Shake but Not Destroy Hamas, Analysts Say
▼ + stars: | 2024-07-31 | by ( Adam Rasgon | ) www.nytimes.com time to read: +1 min

Ismail Haniyeh was the top figure managing Hamas’s international relations and one of the group’s most recognizable faces worldwide. From his base in Doha, Qatar, he helped lead Hamas in high-stakes negotiations for a cease-fire in Gaza, and he delivered fiery speeches broadcast throughout the Arab world. But his killing in Iran, for which Tehran and Hamas blamed Israel, is unlikely to destabilize Hamas in the long term, analysts say, noting that the group has recovered from past assassinations of political and military leaders. “His assassination is a major blow,” Ibrahim Madhoun, an Istanbul-based analyst close to Hamas, said in an interview. But, he added, “Hamas has faced this situation in the past” and “came out of those scenarios stronger.”The long list of Hamas leaders killed by Israel includes Ahmed Yassin, Hamas’s founder and spiritual leader, in 2004; Salah Shehadeh, the founder of Hamas’s armed wing, in 2002; Abdel Aziz Rantisi, a senior Hamas leader in Gaza, in 2004; and Ahmed al-Jabari, a top commander, in 2012.

Persons: Ismail Haniyeh, “, ” Ibrahim Madhoun, Ahmed Yassin, Salah Shehadeh, Abdel Aziz Rantisi, Ahmed al Organizations: Hamas Locations: Doha, Qatar, Gaza, Iran, Tehran, Israel, Istanbul

The information for the following product(s) has been collected independently by Business Insider: Alaska Airlines Visa Signature® credit card, Alaska Airlines Business Credit Card, Marriott Bonvoy Boundless® Credit Card, Marriott Bonvoy Bold® Credit Card, Marriott Bonvoy Bountiful™ Card. How to earn Alaska Airlines milesThere are two types of Alaska miles: Elite-qualifying miles and redeemable miles. Earn Alaska miles for car rentalsYou can opt-in to earn Alaska miles when you rent cars through Alamo, Avis, Budget, Dollar, Hertz, National, or Thrifty. Alaska Airlines Mileage Plan is a highly lucrative frequent flyer program even if you never actually fly on Alaska Airlines. Redeem Alaska miles for flights on partner airlinesUsing Alaska Airlines miles for award flights on partner airlines is perhaps the best way to use your Alaska miles.

Persons: Insider's, Merrill, You'll, you'll, Bilt, Marriott, Regis, Chase, we've, Alaska Miles, Finance Insider's, Read, it's, Miles, —, Harlan Vaughn Harlan Vaughn, he’s, Harlan, Joseph Hostetler, Joseph, Guy Organizations: Business Insider, Alaska Airlines, Alaska Airlines Business Credit, Marriott, Oneworld, American Airlines, Alaska, of America, Bank of America, Bank of America Alaska Airlines, Alaska Airlines Visa, Bank of America Alaska Airlines Visa Business, Card Alaska Airlines Business, Alaska Airlines Business, Alaska Airlines Lounge, Alaska Airlines You'll, British Airways, Cathay, Qantas, Aer Lingus, Singapore Airlines, Aer Lingus Air Tahiti Nui, Airlines * British Airways, Condor, Al Fiji Airways, Japan Airlines, Air LATAM Airlines Malaysia Airlines, Mokulele, Southern Airways Express Qantas, Alaska Royal Air Maroc, Singapore Airlines Sri, Oneworld Connect, Marriott Bonvoy, Ritz, Carlton, TSA, Global, TSA PreCheck, American Express, Cell, New Hampshire Insurance Company, AIG Company, American, Navy, Hertz, Wine, Alaska Miles Worth ? Alaska Airlines, Finance, Fiji Airways, Emirates, Cathay Pacific, Nonprofit, Dream, Foundation, Nature Conservancy Locations: Alaska, Hawaii, Cathay Pacific, Emirates, Hainan, Iberia, Qatar, Royal Jordanian, Singapore, Marriott Bonvoy, IHG, Marriott, Alamo, Avis, Thrifty, Alaska Miles Worth ?, U.S, Australia, Fiji, East, Africa, Hong Kong, Dubai, Doha, Canada, Europe, Cathay, Asia, Dallas , Texas

☆ We almost had a secret Deadpool Christmas movie — and it was going to be marketed as a deliberately bad buddy cop movie to avoid leaks
▼ + stars: | 2024-07-31 | by ( Jason Guerrasio | ) www.businessinsider.com time to read: +4 min

Reynolds revealed on an episode of "Hot Ones" that he had once planned to promote an intentionally bad-sounding movie called "Alpha Cop" as a ruse. As Reynolds pointed out on "Hot Ones," marketing a fake movie would help with leaks of what was being cooked up for the next Deadpool movie. "Ryan's idea was, the $100-plus million that studios spend on marketing a big Marvel movie, fuck that, let's do 'Alpha Cop,'" Wernick said. There was even an 'Alpha Cop' poster made. "Deadpool & Wolverine" is in theaters now.

Persons: —, Ryan Reynolds, Hugh Jackman, Reynolds, Rhett Reese, Paul Wernick, Ryan, Reese, Wernick, Fox, Marvel, Cable Organizations: Service, Marvel, Business, Force, Alpha, Fox, Disney Locations: Wade

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☆ How Maker's Mark produces 34 million bottles of bourbon a year
▼ + stars: | 2024-07-31 | by ( Daniel Gessner | ) www.businessinsider.com time to read: 1 min

In a tiny Kentucky town, Maker's Mark produces one of America's most famous bourbon whiskeys. Known worldwide for its bottles' iconic red wax, the company sells over 3 million cases of bourbon each year. But bourbon making is a complicated process that depends on special wooden barrels to age the whiskey for years, and the oak trees needed to make those barrels aren't growing enough to support the next generation of bourbon makers. We visited Maker's Mark's one and only distillery to learn more about making bourbon and what the company is doing to stop the industry from facing a barrel shortage. This story is available exclusively to Business Insider subscribers.

Persons: Maker's Mark Organizations: Business Locations: Kentucky, Maker's

☆ Tackle these 14 factors to lower dementia risk, report suggests
▼ + stars: | 2024-07-31 | by ( Kristen Rogers | ) edition.cnn.com time to read: +8 min

But addressing 14 risk factors over the course of one’s life — starting in childhood — could prevent or delay nearly half of cases, according to a large report by 27 dementia experts. “The progress in preventing and treating dementia is accelerating.”The initial 12 risk factors were linked with 40% of cases, but the new report suggests addressing the 14 risk factors could help eliminate or delay 45% of dementia cases, said Livingston, a professor of psychiatry of older people at University College London. This “critical” update calls attention to two risk factors that preventive neurologist Dr. Richard Issacson says his clinical practice has been evaluating for over a decade. Influencing brain functionThe report doesn’t establish with certainly that these risk factors directly cause dementia, experts said. But other research has provided theories on the link between these vulnerabilities and dementia risk.

Persons: CNN —, ”, Dr, Gill Livingston, Livingston, Richard Issacson, Isaacson, wasn’t, It’s, Klaus Ebmeier, Ebmeier wasn’t, ” Livingston, Glen R, Finney, Alzheimer’s, Susan Kohlhaas, Kohlhaas, …, ” Finney Organizations: CNN, Lancet, University College London, University of Oxford, American Academy of Neurology, Alzheimer’s Research Locations: midlife, Florida, Wilkes Barre , Pennsylvania, €

☆ ‘Terrible’: Apple’s new promo video sparks backlash in Thailand
▼ + stars: | 2024-07-31 | by ( Chris Lau | Kocha Olarn | ) edition.cnn.com time to read: +4 min

CNN —A new promotional video by tech giant Apple has been met with heavy criticism in Thailand, with many social media users claiming it offers an unrealistic, outdated view of the country. The plot follows four characters – known as the underdogs – and their attempts to overcome workplace crises using Apple devices and software. Since the series’ debut in 2019, the characters have left their corporate jobs and founded their own company. It’s fine,” wrote Thai social media user Sakchawit Attasillekha on Facebook, pointing out there are “plenty of old hotels in Bangkok” and “old taxis decorated with Buddha amulets.”“However, we also have good things too,” he added. Sombat Boonngamanong, a prominent social activist, also weighed in on Facebook saying that he was surprised the video had caused such a stir.

Persons: Christopher Mintz, ” David William, he’s, ”, John F, “, Nipawan Labbunruang, Lillian Suwanrumpha, Chai Wacharonke, Srettha Thavisin, Sombat Organizations: CNN, YouTube, Plasse, Kennedy International Airport, Bangkok, Getty, Indochina Productions, Apple, Facebook Locations: Thailand, tuk, Thai, “ Thailand, Bangkok, AFP, Bangkok ”

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☆ Want to work for Blackstone straight out of college? Here's the best route.
▼ + stars: | 2024-07-31 | by ( Alex Nicoll | ) www.businessinsider.com time to read: +12 min

This year, Blackstone hosted more than 150 summer interns, including summer associates who tend to come from business or law school, as well as the undergrads who make up its summer analyst program. AdvertisementCheck out our exclusive deep dive into Blackstone's 10-week-long summer analyst program below. How competitive is Blackstone's summer analyst internship program? AdvertisementA group photo of Blackstone's summer analyst class during orientation. Gray recently addressed what leads to success at Blackstone in a speech to the 2024 summer analyst class, which was posted on Linkedin.

Persons: —, Blackstone, Jon Gray, Paige Ross, Blackstone's, Blackstone Blackstone, Taylor Kanfer, Kanfer, Mr Stone, Steve Schwarzman, they're, Ross, Goldman Sachs, There's, decamp, they'll, Gray, Kleiner Perkins, Chan Zuckerberg Organizations: Service, Harvard, Business, BI, University of Pennsylvania, Diverse, Blackstone, Investment, Linkedin, LinkedIn, Goldman, Barclays Locations: York, New York, Wayne , Pennsylvania, Miami, Asia, Africa

☆ In photos: Sea otter populations rebound
▼ + stars: | 2024-07-30 | by ( Katie Guenthner | ) edition.cnn.com time to read: +1 min

Sea otters aren’t just cute to look at, they also play a critical role in preserving the environment. By hunting invertebrates like clams and sea urchins, sea otters help preserve kelp forests, which in turn sequester carbon, protect coastlines and provide food and shelter for other marine life. Their hunting prowess makes sea otters a keystone species, meaning that other aspects of the ecosystem rely on their existence. Without the sea otter, many species that shelter in the kelp forests they help protect would die. Thanks to conservation initiatives, numbers have started to bounce back, with around 130,000 sea otters worldwide.

Organizations: CNN, Initiative

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