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“Attenzione — ladri, carteristas!” (She makes her announcements in Italian, English and Spanish to alert as many tourists as possible.) But it’s by seeing her at work in Venice that you really calibrate her impact. Spiraling petty crime@cittadininondistrattiFor all their fun, Poli’s videos — currently she has 461 up on Instagram — have spotlit a spiraling problem of petty crime in Italy. Thefts on trains across the country were up 21% — but thefts on trains in Venice were up by a whopping 38.8%. And that means that Venice, whose estimated 30 million annual visitors dwarf the under-50,000 local population, has become a honeypot for petty crime.
Persons: Monica Poli, , Alessandro Lavardato, , Titian, Tintoretto —, , Ron DeSantis, she’s, Monica ”, Poli, pickpockets, Il Gazzettino, there’s, Vincenzo Senatore, Andrea Merola, Poli —, they’ll, Il, Senatore “, ’ Poli, Julia Buckley, CNN Poli, pickpocketing, there’s Poli, ” Poli, She’s, Manuel Silvestri, sanguine, Poli isn’t, Franco Dei Rossi, Sempre, CNN It’s, Matteo Salvini, Antonio Incandela, Stefano Mazzola, Europol, TikTok, Monica Poli's, ‘ They’ll, it’s Organizations: Venice CNN —, Florida, Italian Interior Ministry, Giambrone, Bloomberg, Getty, Ministry, CNN, Cittadini, ” Poli isn’t, Piazza San Marco, Poli, Poli ., Lega —, Roma, European Union Agency for Law, Cooperation, YouTube, New York Times Locations: Venice, Poli, Instagram, Italy, Italian, London, alleyways, Gotham City, , Piazza San, downcast, Europe, Barcelona, Paris
California firefighters made progress Wednesday battling a Malibu wildfire that exploded under high winds this week, although more than 6,000 people remained forced from their homes, officials said. A firefighting helicopter drops water on a mountainside as the Franklin Fire burns in Malibu, Calif., on Wednesday. Malibu is a wealthy part of the Los Angeles area with homes overlooking or near the Pacific Ocean. The red flag warnings expired Wednesday evening, the National Weather Service for the Los Angeles area said. Around 6,300 people were still evacuated from the area Wednesday night because of the fire, officials said.
Persons: Dusty Martin, Franklin, David Swanson, ” Martin, Crews, Dick Van Dyke, Cher, Santa Ana, Martin Organizations: Pepperdine University, California Department of Forestry, Franklin Fire, Getty, National Weather Service, Firefighters Locations: California, Malibu , Calif, AFP, Malibu, Los Angeles, Southern California, Santa
Indian travelers spent $34.2 billion on outbound travel in 2023, according to the World Travel & Tourism Council. But the current level of Indian travel is "minuscule" compared with what's to come, Alan Watts, Hilton's Asia-Pacific president, told "Squawk Box Asia" Monday. "India outbound will be the story of the next decade." By 2034, Indian travelers' outbound spend is projected to more than double to $76.8 billion, according to the World Travel & Tourism Council's Economic Impact 2024 report — which would make the country the seventh-largest travel spenders in the world, up from 12th in 2023. "When you think of India, it has the characteristics of China, which is the second largest lodging market in the world," said Watts.
Persons: what's, Alan Watts, Watts Organizations: Tourism Council, Hilton's, Tourism Locations: Hilton's Asia, Pacific, India, China
New York CNN —The Consumer Financial Protection Bureau has finalized a rule that curbs excessive overdraft fees charged to customers of large banks and credit unions, potentially saving consumers as much as $5 billion a year. The rule, unveiled Thursday, would cap overdraft fees at $5 — a substantial savings from the $35 that customers are typically charged. Additional options for banks would allow them to either cap fees at amounts that just cover their costs or to treat an overdraft like any other loan by disclosing terms like interest rates. “That is real relief for families.”Banking trade groups are against the new rule, saying that the agency’s proposed rule could backfire. Congress created the bureau in 2010 to protect consumers from financial scams.
Persons: ” Rohit Chopra, , Lael Brainard, Joe Biden’s, there’s, Trump Organizations: New, New York CNN, Consumer Financial, National Economic Council, Banking, Consumer Bankers Association, Court Locations: New York
NYC's strict Airbnb ban faces a new challenge
  + stars: | 2024-12-12 | by ( Dan Latu | ) www.businessinsider.com   time to read: +6 min
A protestor against Local Law 18 during a July 2023 rally in NYC. Related storiesThe effects of NYC's Airbnb ban so farNYC's announcement that it would begin enforcing Local Law 18 in September of 2023 shuttered thousands of Airbnb listings. Over a year later, the impacts of NYC's Airbnb ban are unclear, especially as some former listings may be still rented out illegally through Craigslist and Facebook. Tenants' groups say that Local Law 18 needs more time to work. "It was a bill that was supposed to impact housing, and it simply hasn't," Theo Yedinsky, vice president of public policy at Airbnb, told BI this week.
Persons: Airbnbs, they're, Farah Louis, Gia Sharp, Sharp, Esteban Girón, Airbnb, Theo Yedinsky, There's, Sean Hennessey, Jonathan M, He's, Paul Organizations: Local, City, Autonomy, Rights, City Council, Business, NYC . New York Daily News, NY Daily, Getty Images, Craigslist, Facebook, Tenant, New York, Tisch Center of Hospitality, Paul Locations: New York, New York City, Interior, Brooklyn, City, NYC ., New, Queens, Midtown Manhattan
A Qantas flight U-turned over the Pacific Ocean — 1,100 miles after leaving Los Angeles. Investigators said sparks were seen coming from an engine, and Qantas confirmed a "mechanical issue." In addition, you accept Insider's Terms of Service and Privacy PolicyQantas passengers endured a six-hour flight to nowhere when their flight turned around over the Pacific Ocean. Flight 16 from Los Angeles to Brisbane, Australia, on December 3 U-turned after 2 ½ hours, about 1,100 miles off the California coast, per FlightAware data. On Saturday, a United Airlines flight to London returned to Newark, New Jersey, where a 24-year-old was arrested on suspicion of interference with transportation.
Organizations: Qantas, Investigators, Passengers, Business, Service, Privacy, LAX, Australian Transport Safety Bureau, Airbus, United Airlines Locations: Los Angeles, Brisbane, Australia, California, LA, Melbourne, London, Newark , New Jersey
CNN —Olivia Reeves became the first American lifter since 1958 to pair the world title with an Olympic gold medal, lifting a combined 267kg (about 589 pounds) at the 2024 World Weightlifting Championships in Bahrain on Wednesday. In topping the podium at Paris 2024, Reeves became the first US lifter since Tara Nott in 2000 to win Olympic gold, and the youngest American Olympic gold medalist in weightlifting since Berger in 1956. “You can’t top the Olympics, so this one is going in at number two on my all-time list of favorite competitions,” said Reeves after completing the double on Wednesday, per IWF. “I’m so very, very proud of Olivia,” added US head of coaching Mike Gattone. However, only 10 of the nation’s medals have come since 1968, following a golden age for US lifters like Berger and Tommy Kono.
Persons: Olivia Reeves, Korea’s Jong Chun Hui, China’s Yang Qiuxia, Ike Berger, Reeves, Tara Nott, Berger, , , Olivia, Mike Gattone, “ She’s, ” Reeves, Hampton Morris, Tommy Kono Organizations: CNN, Korea’s, Chattanooga, American Olympic Locations: Bahrain, American, Los Angeles, Paris, LA, Soviet Union, China
Oil prices were little changed in early Asian trade on Thursday as forecasts of weak demand and a higher-than-expected rise in U.S. gasoline and distillate inventories stemmed gains from an additional round of European Union sanctions that threatened Russian oil flows. OPEC cut its demand growth forecasts for 2025 for the fifth straight month on Wednesday and by the largest amount yet. Weak demand, particularly in top importer China, and non-OPEC+ supply growth were two factors behind the move. However, investors anticipate a rise in Chinese demand, after Beijing unveiled plans this week to adopt an "appropriately loose" monetary policy in 2025, which could spur oil demand. The Kremlin said that reports of a possible tightening of U.S. sanctions on Russian oil suggested the administration of President Joe Biden wants to leave a difficult legacy for U.S.-Russia relations.
Persons: Joe Biden, Janet Yellen Organizations: Montebello Oil, Union, . West Texas, OPEC, ANZ, Energy Information Administration, China, U.S . Federal Reserve, European Union, Ukraine Locations: Montebello, Montebello , California, United States, OPEC, Beijing, Russia
CD rates have been going down throughout 2024, but some local institutions still offer good rates. California Coast Credit Union offers a startling 9.50% APY on its 95th anniversary Celebration CD. In comparison, even the best CDs available nationwide mostly offer CD rates in the high 4% to 5% APY range. If you're interested in opening a CD with this credit union, you'll want to act fast since CD rates are likely to decline further in 2025. Most of these are short-term CDs since short-term CD rates are currently outperforming long-term CD rates.
Persons: it's, you'll, You'll, We've Organizations: California Coast Credit Union, Business, Service, California Coast Credit, Imperial, Social, U.S . Locations: California, San Diego, Riverside, Orange, Los Angeles, Ventura, San Bernardino
Susan Levine, the CEO of Career Group Companies in LA, has a non-negotiable morning routine. This as-told-to essay is based on a conversation with Susan Levine, the CEO of Career Group Companies in Los Angeles. AdvertisementBefore founding Career Group Companies, a recruitment and advisory firm, in 1981, I worked for another staffing company for 10 months, where I was introduced to the recruiting world. I self-funded and started Career Group Companies when I was 24. AdvertisementCareer Group Companies has 225 full-time employees and thousands of freelancers, and we're still growing.
Persons: Susan Levine, It's, I've, they've, , I'm Organizations: Group Locations: LA, Los Angeles, San Rafael, New York, Miami, East Coast, Pacific Palisades, Century City
Australia Matteo Colombo | Digitalvision | Getty ImagesAsia-Pacific markets were set to open higher Wednesday, following gains on Wall Street that saw the Nasdaq Composite surge to record highs after November's inflation report met expectations. Traders in Asia will assess November jobs data from Australia, set for release later in the day. Hong Kong Hang Seng index futures were at 20,215 higher than the HSI's last close of 20,155.05. Hong Kong will release industrial production data for the third quarter later today. Japan's Nikkei 225 futures pointed to a higher open for the market, with the futures contract in Chicago at 40,035 and its counterpart in Osaka at 40,050 compared to the previous close of 39,372.23.
Persons: Matteo Colombo, Australia's Organizations: Digitalvision, Getty, Nasdaq, Traders, Reuters, Nikkei Locations: Asia, Pacific, Australia, Hong Kong, Chicago, Osaka
Even when those circumstances existed, though, agents had to get approval from superiors in order to plan an arrest in a sensitive location. The idea that Trump might allow ICE agents to arrest anywhere, even inside schools and houses of worship, without the current limitations began circulating in Project 2025, a list of policy proposals distributed by the Heritage Foundation prior to the election. Some church leaders say they have faced harassment for providing sanctuary space to migrants and are already having conversations about the impacts of a policy change on sensitive locations. The church leader asked that NBC News not use their name because of safety concerns for their congregation. One former DHS official said change the sensitive locations policy might be welcome news for some agents who have felt stymied by restrictions on where they can operate and felt the policy was “abused” by wanted individuals in the past.
Persons: Donald Trump, , John Morton, ” Lee Gelernt, Trump, , Trump’s, John Kelly, Organizations: Trump, Customs, Biden, American Civil Liberties Union, ICE, Heritage Foundation, NBC, DHS, Church World Service Locations: Arizona, America
A humpback whale has stunned scientists with a journey that spanned three oceans and more than 8,000 miles, setting the record for the longest known migration between breeding grounds. “Changing climatic and ocean conditions could be driving these migrations to new breeding grounds. Some whale migration routes are known to exceed 5,000 miles between feeding and breeding grounds, and humpback whales in particular have some of the longest migrations of any mammal. The research provided “photographic evidence that confirmed humpback whales switch between breeding grounds,” he said in a telephone interview Wednesday. The organization claims that a humpback whale’s tail is so unique that there is a “97% to 99%” success rate for matching photos submitted for the species.
Persons: , Darren Croft, Croft, , Ryan Reisinger, Luke Rendell, University of St Andrews, Reisinger, ” Reisinger Organizations: Royal Society Open Science, U.K’s University of Exeter, Center for Whale Research, NBC News, , University of Southampton, University of St Locations: Colombia, South America, Zanzibar, Africa, London, Tokyo
On Monday, Col. Kim Hyun-tae, who led special forces at the National Assembly, said he took full responsibility for ordering their deployment. South Korean lawmakers debating a motion to impeach President Yoon Suk Yeol at the National Assembly in Seoul on Saturday. Security had been tightened at the National Assembly, where there was still evidence of the troop deployment days earlier. After that vote, the few members of Yoon’s party who had shown up walked out of the chamber. All but three members of Yoon’s party boycotted the vote, causing the motion to fail due to lack of quorum.
Persons: ” Rob York, Yoon, ” York, Kwak Jong, Kwak, , , Kim Hyun, Kim, ” Kim, Matthew Miller, Yoon Suk, Yoon’s, Kim Keon, Min Jo, Janis Mackey Frayer, Stella Kim, Jennifer Jett Organizations: Pacific Forum, People Power Party, Democratic Party, National Assembly, ” Lawmakers, State Department, South Korean Ministry of National Defense, South, Saturday, Getty, Lawmakers, NBC, Prevention Locations: Honolulu, Seoul, Korea, , United States, South Korea, U.S, Hong Kong
Yoon had justified the martial law order in part by accusing opposition lawmakers without evidence of being North Korean sympathizers. North Korea has been accelerating weapons testing and ratcheting up its rhetoric against South Korea, the United States and others. But it is unlikely to take advantage of the political situation in South Korea to make any military moves, York said. “North Korea is probably aware that the [South Korean] armed forces would be on guard for any kind of provocation,” he said. Soldiers leaving the National Assembly in Seoul, South Korea, after a martial law order was lifted early Wednesday.
Persons: Yoon Suk, Yoon, KCNA, unhesitatingly, ” KCNA, “ Yoon Suk Yeol, , Rob York, York, Woohae Cho, Kim Jong, Bashar al, Assad, Stella Kim, Jennifer Jett Organizations: North, People Power Party, South Korean, South, Pacific Forum, National Assembly, Bloomberg, Getty, Ukraine Locations: SEOUL, South Korea, North, North Korea, North Korean, Korean, Korea, Honolulu, , United States, Seoul, Russia, York, Syria, Hong Kong
London CNN —Thousands of jobs are on the chopping block at German industrial giant Bosch in yet another blow to the country’s beleaguered economy. A spokesperson for the company told CNN Wednesday that it plans to cut around 8,250 jobs globally over the coming years. It is important for us to remain competitive under these conditions,” Bosch said in a statement. A worker assembles heat pumps for residential buildings at a Bosch factory in April 2023 in Eschenburg, Germany. Last week, tens of thousands of workers at Volkswagen, Germany’s largest manufacturer, took part in strikes at plants across the country.
Persons: ” Bosch, Sascha Schuermann, Olesya Dmitracova Organizations: London CNN, Bosch, CNN, Volkswagen, European, European Commission Locations: Eschenburg, Germany, Ukraine, Asia
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOptimism for Asian market performance despite challenges, economist saysDavid Mann, Chief Economist for Asia Pacific at Mastercard, discusses opportunities in the region amidst tariff pressures imposed by the Trump Administration.
Persons: David Mann Organizations: Asia Pacific, Mastercard, Trump Administration
BEIJING, CHINA - SEPTEMBER 04: Buildings and vehicles are seen in the central business district during the rush hour on September 4, 2020 in Beijing, China. Asia-Pacific markets were set to open mostly higher Wednesday, after Wall Street declined overnight with all three major indexes dropping ahead of key inflation data that could influence the Federal Reserve's interest rate decision. South Korea's unemployment rate came in at 2.2% in November, according to the Statistics Korea. China is also set to kick off its annual economic work conference on Wednesday to outline its economic policies for next year. Hong Kong's Hang Seng index futures were at 20,435, higher than the HSI's last close of 20,311.28.
Persons: Australia's Organizations: Wall, Statistics, Nikkei Locations: BEIJING, CHINA, Beijing, China, Asia, Pacific, Statistics Korea, Chicago, Osaka
The US shot down a ballistic missile for the first time from Guam in a major test this week. AdvertisementThe US Missile Defense Agency said on Tuesday that during the FEM-02 test, it "successfully conducted a live intercept of a ballistic missile target." The SM-3, which costs nearly $30 million, then struck an air-dropped medium-range ballistic missile target off the coast from Guam's Andersen Air Force Base. Related VideoThe Aegis Guam System, made by defense contractor Lockheed Martin, consists of an integrated AN/TPY-6 and vertical launch system based on the Mark 41 shipborne missile system. China's People's Liberation Army Rocket Force boasts thousands of missiles, including the DF-26, a solid-fueled intermediate-range ballistic missile.
Persons: Lockheed Martin, Lockheed, Greg Huffman, it's Organizations: Pentagon, Missile Defense Agency, RIM, RTX, Mitsubishi Heavy Industries, Aegis Guam, Guam's Andersen Air Force Base, Department of Defense, Aegis, AGS, Task Force, MDA, Guam Defense, DoD, China, Andersen Air Force Base, . Missile Defense Agency, Army Rocket Force, DF, United Locations: Guam, China, Guam's, Middle East, Aegis Guam, Micronesia, Beijing
The Biden administration should seize Russia's frozen assets held by the US, two researchers say. President Joe Biden's final move to help Ukraine should be to seize Russia's reserve assets held by the US before the start of Donald Trump's second term, two researchers wrote this week. "Saudi Arabia, for example, has threatened to sell its European debt holdings if Europe seizes the frozen assets." The US wouldn't be completely alone in doing so — both Canada and the United Kingdom appear willing to seize assets held in their countries. Russia has warned of retaliation if its frozen assets are seized, cautioning that it could seize Western-owned corporate assets still in the country.
Persons: Biden, Joe Biden's, Donald Trump's, Trump, Joe Biden, Maximilian Hess, Carey K, Mott, Hess, Hungary's, Janet Yellen Organizations: Policy Research Institute, Yale Program, Kremlin, Kyiv, Seven, Russia, European, Western, Bloomberg Locations: Europe, Ukraine, United States, Moscow, Saudi Arabia, Germany, Canada, United Kingdom, Russia
British Chancellor of the Exchequer Rachel Reeves talks to the media at the EU Council headquarter on Dec. 9, 2024 in Brussels, Belgium. BRUSSELS, Belgium ꟷ President-elect Donald Trump has not yet re-entered the White House, but the U.K. and neighboring European Union are already working closer together to protect themselves against potential trade and defense confrontations with the incoming U.S. leader. U.K. Chancellor Rachel Reeves travelled to Brussels on Monday to convene with her EU counterparts in the first such encounter since Britain left the European Union in 2020. Her host, Eurogroup President Paschal Donohoe, said he hoped this would be the first of "many" meetings. The outright progress of these conversations remains to be seen, but a couple of meetings have already been added to the diaries to tackle these themes.
Persons: Rachel Reeves, Donald Trump, Eurogroup, Paschal Donohoe, Reeves, Keir Starmer, Antonio Costa Organizations: EU, White, Union, European Union, CNBC, U.S, European Locations: Brussels, Belgium, BRUSSELS, Britain, Ukraine, China, EU
CNN —Red Flag fire warnings are expected to persist in the Malibu area along the Southern California coast into Wednesday afternoon after the Franklin Fire, which ignited Monday, forced evacuation orders or warnings for 18,000 residents. Thousands evacuate : The Los Angeles County Fire Department issued evacuation orders or warnings for approximately 18,000 residents and 8,100 homes and businesses. : The Los Angeles County Fire Department issued evacuation orders or warnings for approximately 18,000 residents and 8,100 homes and businesses. School closures : All four Malibu schools – Malibu Elementary, Malibu Middle, Malibu High, and Webster Elementary – will be closed through Thursday, the Santa Monica-Malibu Unified School District posted on social media. : All four Malibu schools – Malibu Elementary, Malibu Middle, Malibu High, and Webster Elementary – will be closed through Thursday, the Santa Monica-Malibu Unified School District posted on social media.
Persons: Fred Roberts, , That’s, ” Roberts, Doug Stewart, Franklin, Mario Tama, David Swanson, Anthony Marrone, ” Marrone, David Swason, Marrone, Dick Van Dyke, Arlene, Mark Hamill, ” Hamill, Chris Boyette, Lauren Mascarenhas, Elizabeth Wolfe Organizations: CNN, Franklin, Malibu, Reuters, Hall, Firefighters, Getty, Angeles County Fire, Pepperdine, National Weather Service, Cal Fire, Los Angeles County Fire, Los, Storm, Angeles County Fire Department, Webster, Malibu Unified School District Locations: Malibu, Southern California, Calabasas, Malibu , California, AFP, Angeles, Los Angeles County, Santa Monica, San Diego County, California
European markets are heading for a negative open as traders await the latest U.S. inflation data Wednesday. The U.S consumer price index data will likely influence how the Federal Reserve proceeds on interest rates at its Dec. 17-18 meeting. Economists polled by Dow Jones forecast that headline inflation rose 0.3% in November and 2.7% over the prior 12 months. Asia-Pacific markets were mixed Wednesday, after major Wall Street benchmarks declined Tuesday ahead of the data, while U.S. stock futures were near flat Tuesday night. Earnings are set to come from Inditex and OPEC releases its latest monthly oil market report Wednesday.
Persons: Dow Jones Organizations: Federal, Dow Locations: U.S, Asia, Pacific, Inditex
CNN —Hannah Kobayashi “has been found safe,” her family said Wednesday, more than a week after police declared her voluntarily missing amid fears she may have been abducted. Video Ad Feedback A timeline of Hannah Kobayashi's last-known locations 03:14 - Source: CNNMore than three weeks after she left Maui, Los Angeles police declared her as a voluntary missing person on December 2. She is also not a suspect in any criminal activity,” Los Angeles Police Chief Jim McDonnell said in a news conference. Wally Skalij/Los Angeles Times/Getty Images/FileCNN has reached out to the Los Angeles Police Department for comment. Before leaving Maui, investigators found Hannah Kobayashi had expressed a desire to disconnect from modern technology, police said.
Persons: Hannah Kobayashi “, , Hannah, Brandi Yee, Sara Azari, Hannah Kobayashi, Hannah Kobayashi's, Kobayashi, Jim McDonnell, Wally Skalij, Ryan Kobayashi, Hannah Kobayashi’s, Larie Pidgeon Organizations: CNN, Los Angeles International, LAX, LA Metro, Union Station, Customs, Los Angeles Police, ” Volunteers, Crypto.com, Downtown, Los Angeles Times, Los Angeles Police Department Locations: Maui, New York, Los Angeles, Mexico, Los, San, Downtown Los Angeles, Hawaii
Albertsons calls off merger and sues Kroger
  + stars: | 2024-12-11 | by ( Nathaniel Meyersohn | ) edition.cnn.com   time to read: +3 min
New York CNN —Grocery chain Albertsons called off its $25 billion merger with Kroger, ending the largest proposed merger in US supermarket history. “We have made the difficult decision to terminate the merger agreement,” Albertsons CEO Vivek Sankaran said in a statement Wednesday. Albertsons also sued Kroger for breach of its contract agreement, alleging Kroger caused the merger to be blocked. Supermarkets have been losing ground in recent decades to competition, and Kroger and Albertsons wanted to merge to better fight off Walmart and Amazon. The merger would eliminate head-to-head competition between Albertsons and Kroger, potentially raising prices for consumers, she said in the ruling.
Persons: Vivek Sankaran, Harris Teeter, Fred Meyer, Kroger, , Adrienne Nelson, Nelson, Lina Khan, Khan, Rodney McMullen, “ We’ve, we’ll Organizations: New, New York CNN, Albertsons, Kroger, Safeway, Vons, Walmart, Amazon, Federal Trade Commission Locations: New York, Oregon, America
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