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☆ Housing is now 'impossibly unaffordable' in these 4 cities — and they're all in the same state
▼ + stars: | 2024-06-18 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +1 min

Four of the world's 11 "impossibly unaffordable" housing markets are in California, a study found. The study blamed land use policies for constraining housing supply and driving up prices. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . In fact, four of the 11 most unaffordable housing markets in the English-speaking world are in California — and seven are in the US and Canada, a new study has found. San Jose, Los Angeles, San Francisco, and San Diego are all "impossibly unaffordable," according to the 2024 Demographia International Housing Affordability report.

Persons: — Organizations: Service, Business Locations: California, Canada, California —, San Jose , Los Angeles, San Francisco, San Diego

☆ The retirement Catch-22
▼ + stars: | 2024-06-18 | by ( Ann C. Logue | ) www.businessinsider.com time to read: +10 min

The current Social Security retirement age is 67, but most Americans depart the workforce earlier than that. Instead of making it easier for Americans to save for retirement and work as long (or as short) as they want, Fink is setting up a catch-22: The economy needs aging Americans to work longer, but many companies simply don't want them. One of Button's studies looked at "bridge jobs , " part-time jobs in administration or retail that many people use to ease into retirement and cushion their finances. The same year, Scripps Medical Clinic in San Diego was ordered to pay $6.9 million for setting a mandatory retirement age for physicians of 70, regardless of the doctors' interest or abilities. And some older workers have heard all the corporate buzzwords and blather before, so they don't buy into management's sloganeering, rendering them "difficult."

Persons: Larry Fink, behemoth BlackRock, Fink, Daniel Ross, Ross, he's, Emily Dickens, SHRM's, We've, Stacie Haller, Patrick Button, Button, ResumeBuilder.com, Gen, we've, Mother Jones, Lilly Organizations: Social Security, Lawyers, Society, Human Resources Management, US Chamber of Commerce, Tulane University, IBM, Employment, Commission, Scripps Medical Clinic, Employers Locations: Down, Texas, Austin, San Diego

☆ What’s next for the stock market? Here’s one thing you could do if shares start sinking
▼ + stars: | 2024-06-17 | by ( Krystal Hur | ) edition.cnn.com time to read: +8 min

The market has been on a tear in 2024, driven higher by robust corporate earnings and the artificial intelligence boom. Traders expect the Fed to begin easing rates in September at the earliest, according to the CME FedWatch Tool. If inflation is cooling down but the Fed is still expected to keep its key lending rate higher for longer, what does that mean for the stock market? The data will tell us that, but I think the big takeaway for us is [inflation] going in the right direction. Do you expect some of the cash that’s on the sidelines to enter the stock market?

Persons: Price, Wall, Bell, Jack Janasiewicz, Jerome, Powell, we’re, it’s, wouldn’t, you’re, Hilary Whiteman, Read, Sam Altman, Steve Wozniak, OpenAI, Altman, Samantha Murphy Kelly, Tim Cook, ”, Ben Wood, “ Apple, Siri Organizations: CNN Business, Bell, New York CNN, Federal, Nasdaq, Fed, Traders, Solutions, You’re, Apple, Insight, CNN, Apple Intelligence Locations: New York, United States, West Coast, Hawaii, California, San Jose , Los Angeles, San Francisco, San Diego, Honolulu, Australia, Sydney, Melbourne, Victoria, Adelaide, South Australia

☆ Meet the Professors Whose Porn Careers Cost Them Their Jobs
▼ + stars: | 2024-06-16 | by ( Hallie Lieberman | ) www.businessinsider.com time to read: +28 min

The porn videos had titles like "Juicy Anniversary" and "Bedroom Shenanigans." In search of a man for Wilson, Gow sought advice from his therapist, who suggested joining a swingers club. In the background, Video Gow is moaning "Oh yeah" as IRL Gow says, "I've always had some ED issues." As the video ends with the big finale — the money shot, as it's known in the industry — Video Gow stands above kneeling Video Wilson, arms outstretched. The termination letter said he had failed to properly report his income from the porn videos and had violated "prohibitions for using one's public position for private benefit."

Persons: Joe Gow, Carmen Wilson, Gow, isn't, " Gow, Wilson, Bruce Springsteen, we've, It's, I'm, Simone Lueck, BI Gow, hadn't, Wilson's, Nina Hartley, Danny Mountain, who'd, We've, Cal Berkeley, Lauren Phillips, Phillips, mischievously, We’ll, We'll, Barack Obama, Geri, Jay Hart, IRL Gow, I've, she'd, Barack Obama's, Hartley, Raymond Cross, Cross, Hartley dustup, Stills, —, Tony Tomich, Moberg doesn't, Gow's, demurely, Starr, Socrates, Eugene Volokh, Roe, Diane, wouldn't, aren't, They've, Wilson wouldn't, Hallie Lieberman, She's Organizations: University of Wisconsin, selfies, CNN, The, BI, UW, La, Sony, Higher, MIT, USC, Cal, Dickinson State University, Food Network, IRL, Dartmouth, La Crosse Tribune, La Crosse, University of, FTI Consulting, Easton Moberg, Press, Stanford, Court, eBay, Sssh.com Locations: La Crosse, London, India, Gaza, Gow, Rock, San Francisco, Wisconsin, Chicago, Los Angeles, North Dakota, Arizona, Communist China, City, San Diego

☆ What Have Progressives Done to the West Coast? - The New York Times
▼ + stars: | 2024-06-15 | by ( Nicholas Kristof | ) www.nytimes.com time to read: +1 min

As Democrats make their case to voters around the country this fall, one challenge is that some of the bluest parts of the country — cities on the West Coast — are a mess. Centrist voters can reasonably ask: Why put liberals in charge nationally when the places where they have greatest control are plagued by homelessness, crime and dysfunction? I’m an Oregonian who bores people at cocktail parties by singing the praises of the West, but the truth is that too often we offer a version of progressivism that doesn’t result in progress. We are more likely to believe that “housing is a human right” than conservatives in Florida or Texas, but less likely to actually get people housed. We accept a yawning gulf between our values and our outcomes.

Locations: San Diego, Seattle, I’m, Florida, Texas

☆ Trader Joe’s tiny coolers are selling like hot cakes. Why and how do products go viral?
▼ + stars: | 2024-06-15 | by ( Danielle Wiener-Bronner | ) edition.cnn.com time to read: +7 min

But now “you can have it all happen instantly across the whole country.”Success strikes twiceThis isn’t even the first time little Trader Joe’s bags have gone viral. Because Trader Joe’s doesn’t boast much of an official online presence, “I’ve kind of taken on that role” with those pages, she said. A Trader Joe's mini tote bag is shown in Palmyra, N.J., on Wednesday, March 13, 2024. “It’s always a surprise.”The chain’s unusually loyal fanbase is eager for more Trader Joe’s branded merchandise, TikToker Heskett said, but Trader Joe’s doesn’t offer much of that. “You can’t buy a Trader Joe’s hat, you can’t buy a Trader Joe’s sweatshirt,” she said.

Persons: Thaddeus Yan, Joe’s, Yan, Stanley, “, Colin Campbell, Joe doesn’t, Talia Heskett, Joe’s Talia ”, Heskett, She’s, Christy Vetere, ”, Tara Miller, “ I’m, Christina Paciolla, Matt Sloan, Miller, Joe’s hasn’t, Jonah Berger, ” Berger, Lindsey Nicholson, G Yan, “ It’s, TikToker Heskett Organizations: New, New York CNN, eBay, University of San, Facebook, ”, tote, CNN, University of Pennsylvania’s Wharton School, Nike, Variety, Trader Joes, Getty, G Locations: New York, London, University of San Diego’s, Vetere, Palmyra, N.J, Queens , New York

☆ The rise in sports betting and gambling violations by pro athletes, in 4 charts
▼ + stars: | 2024-06-15 | by ( Annette Choi | ) edition.cnn.com time to read: +4 min

As pro athletes deal with the ramifications of betting on games, a growing number of people are also grappling with mental health issues associated with sports betting. Gambling addiction hotlines across the country have reported a huge surge in traffic in recent years. Texts and chats to the National Problem Gambling Helpline have increased around 800% since 2018 while call volume grew nearly 80%. The annual national social cost of problem gambling — including job loss and gambling-related criminal justice — amounts to around $14 billion, according to the National Council on Problem Gambling. In January, Sen. Richard Blumenthal and Rep. Andrea Salinas introduced the Gambling Addiction Recovery, Investment, and Treatment Act, which would use federal funding to treat and study problem gambling.

Persons: Tucupita, Jontay Porter, Robert Manfred, —, There’s, LeBron James, ”, Charlie Baker —, National Collegiate Athletic Association —, Sen, Richard Blumenthal, Andrea Salinas Organizations: CNN, Major League Baseball, San Diego Padres, National Basketball Association, Toronto Raptors, MLB, US, State helplines, of Ohio, National Council, Sports, American Gaming Association, Leagues, NBA, ESPN, National Collegiate Athletic Association, Investment Locations: New Jersey, Nevada, Washington, DC, Massachusetts, Las Vegas

☆ Buying a house? These US cities now among the world’s most ‘impossibly unaffordable’
▼ + stars: | 2024-06-14 | by ( Hilary Whiteman | ) edition.cnn.com time to read: +4 min

Australia is the only other country besides the US to dominate the “impossibly unaffordable” list, led by Sydney and the southern cities of Melbourne in Victoria and Adelaide in South Australia. But it also blames soaring house prices on land use policies, including “urban containment,” a kind of planning designed to stop urban sprawl. “Toronto and Vancouver show that the cost of taming expansion is unacceptably high: inflated house prices, higher rents and, for increasing numbers of people, poverty,” Cox wrote. The report was compiled by researchers from the Center for Demographics and Policy at Chapman University in California and the Frontier Centre for Public Policy, an independent public policy think tank in Canada. Top 10 “impossibly unaffordable” cities

Persons: it’s, William West, Tyrone Siu, Wendell Cox, Valier, ” Cox, ”, St Louis Organizations: CNN, Getty, Hong, Victoria Harbour, Frontier Centre, Public Policy, Canada, Canadian, New, St, Chapman University in Locations: United States, ”, West Coast, Hawaii, California, San Jose , Los Angeles, San Francisco, San Diego, Honolulu, Australia, Sydney, Melbourne, Victoria, Adelaide, South Australia, Maribyrnong, AFP, Hong Kong, Singapore, New Zealand, Toronto, Valier Macon, Vancouver, Pittsburgh, Rochester, Edmonton, Calgary, Canada, Blackpool, Lancashire, Glasgow, United Kingdom, Perth, Brisbane, Chapman University in California

☆ Millennium is committing a multibillion-dollar check to Coatue rising star's hedge fund launch
▼ + stars: | 2024-06-13 | by ( Alex Morrell | ) www.businessinsider.com time to read: +1 min

Coatue star Aaron Weiner's new hedge fund is getting backing from Millennium Management. Weiner is leaving Coatue at the end of the year to start his own hedge fund. AdvertisementA forthcoming hedge fund launch from a 31 year old is getting a vote of confidence from one of the industry's largest players. Coatue rising star Aaron Weiner is getting backing for his new hedge fund from Izzy Englander's Millennium Management, according to people familiar with the matter, who asked not to be named because the information isn't public. The $68 billion multistrategy giant is seeding Weiner's launch with a multibillion dollar check, the people said.

Persons: Aaron Weiner's, Weiner, Coatue, Diego Megia, —, Aaron Weiner, Izzy Englander's Organizations: Millennium Management, Taula, Service, Management, Business

☆ These chefs and restaurants are the 2024 James Beard Award winners
▼ + stars: | 2024-06-11 | by ( Marnie Hunter | ) edition.cnn.com time to read: +10 min

CNN —The Oscars of the food world — the James Beard Awards — were handed out Monday night to many chefs and restaurants reflecting cultures and regions that have long been overlooked when honoring culinary achievement in the United States. Outstanding Chef winner Michael Rafidi dedicated his award to Palestinian people all over the world in his acceptance speech. The 2024 winners bring heritage from all over the globe — the Philippines, Mexico, Japan, Peru, Vietnam, Senegal — to tables across the United States. This year’s awards also bring recognition to restaurants in many smaller towns and states that have not historically been recognized with James Beard Awards. Chef Masako Morishita received the James Beard Award for Emerging Chef.

Persons: James Beard, —, Serigne Mbaye, ” Mbaye, Michael Rafidi, ”, Paul Smith, Lula Drake Wine, Chef Masako Morishita, Beard, Deb Lindsey, Masako Morishita, Atsuko Fujimoto, Morishita, Adams Morgan, Fujimoto, Baker, Ruth Reichl, Reichl, “, foodie, James Beard’s, ” Beard, Hamissi Mamba, Nadia Nijimbere, MI, Yenvy Pham, Phở, WA Chris Viaud, NH Hollis Wells Silverman, Erika Whitaker, Kelly Whitaker, Sarah Minnick, Dean Neff, Renee Touponce, David Uygur, Christine Dong, Fariyal Abdullahi, Janet Becerra, SC Ryan Fernandez, Mel, Baker Susan Bae, Jesus Brazon, Manuel Brazon, Crystal Kass, Valentine, AZ Anna Posey, Hospitality Crawford, NC Gemma, Lula Cafe, Vin, California Geoff Davis, CA Rogelio Garcia, Auro, Lord Maynard Llera, Kuya, Los Angeles , CA Tara Monsod, Billy ” Ngo, Vinnie Cimino, Cordelia, Jose Salazar, Sarkar, Hajime Sato, Sozai, MI Jenner Tomaska, Tony Conte, Jesse Ito, Matt Kern, Harley Peet, Kevin Tien, Ann Ahmed, Rob Connoley, Dan Jacobs, Dan Van Rite, Christina Nguyen, Hai, Tim Nicholson, Brandon Cunningham, Ali Sabbah, Matt Vawter, Penelope Wong, Yuan Wonton, Nick Zocco, NY Atsushi Kono, Chris Mauricio, Charlie Mitchell, Clover, NY Jeremy Salamon, Conor Dennehy, Talulla, Maria Meza, David Standridge, Jake Stevens, Cara Tobin, Honey, Avery Adams, Matia, WA Kristi Brown, WA Josh Dorcak, Gregory Gourdet, Melissa Miranda, Jamie Davis, The, Washington , NC Rod Lassiter, Parnass Savang, James London, Chubby Fish, SC Robbie Robinson, Valerie Chang, FL Hunter Evans, Jackson, MS Gabriel Hernandez, Carlos Portela, Rene Andrade, Jeff Chanchaleune, Ma Der, Steve, Steve Riley, NM Eduardo Rodriguez, Zacatlán, Texas Emmanuel Chavez, Houston , TX Christopher Cullum, Cullum’s Attaboy, San Antonio , TX Tracy Malechek, Ezekiel, Birdie’s, Misti Norris, Petra, Ana Liz Pulido, Ana Liz Taqueria Organizations: CNN, Dakar NOLA, Lyric Opera, Michelin, Beverages Program, Chefs, The Washington Post, Washington Commanders, The New York Times, Gourmet Magazine, James, James Beard Foundation, Hav, Seattle , WA Nikko Cagalanan, SC, NY, Dakar, FL Kisser, Nashville , TN Oro, Caracas Bakery, AZ, Hospitality, IL, NY Woodford Food & Beverage, Beverages, SC The Morris, D.C, BEST, Social Haus, UT, New, New York State, Pacific, FL, Houston , TX Locations: United States, New Orleans, West Africa, Chicago, Portland , Oregon, Pacific, Albi, Washington, Ramallah, Philippines, Mexico, Japan, Peru, Vietnam, Senegal, West Virginia, Charleston , West Virginia, Columbia , South Carolina, Mission , Texas, Mystic , Connecticut, Easton , Maryland, Portland , Maine, Tokyo, Perry’s, Adams, DC, Bakery, Detroit, Seattle, WA, Greenleaf, Ansanm, Milford, Wolfeboro, NH, The Wells, Boulder, Portland, Wilmington ,, Albi , Washington, The, Lucia, Dallas , TX, Santa Fe, Marfa ,, San Antonio ,, Springs, , New York, Pancita, Seattle , WA, Kultura, Charleston, Southern Junction, Buffalo, Waitsburg, Lockhart, TX, Carmel, Dorchester, Dakar NOLA , New Orleans, LA Hayward, McMinnville, Kaya, Orlando, Nashville , TN, Nixta , Minneapolis, Shan, Bozeman, Albuquerque, Long Beach ,, Hudson, Caracas, Doral, Miami, Phoenix, Elske, IL, Son, Raleigh, NC, Dallas ,, New York, NY, Columbia, San Francisco ,, Anaheim , Anaheim, , Washington, Waxlight, Montpelier, VT, Baltimore, , New Orleans, LA, Brownsville ,, California, Burdell, Oakland, Calistoga, Los Angeles ,, San Diego ,, Kru, Sacramento, Lakes, MI, Cleveland ,, Mita’s, Cincinnati, Indienne, Clawson, Esmé, NJ, PA, Philadelphia, Fenwick, Bas Rouge, Easton, KS, MN, MO, WI, Khâluna, Minneapolis, St, Louis, EsterEv, Milwaukee, Hai Hai , Minneapolis, Omaha, UT, WY, Greenough, Salt Lake City, Rootstalk, Breckenridge, Denver, Urban, Sofreh, Brooklyn, Kono , New York, Harana, Accord, Clover Hill, RI, Cambridge, Dolores, Providence ,, Leeward, Burlington, Island, MÄS, Ashland, kann, Musang, KY, TN, The Hackney, Washington , NC, Talat, Atlanta, West Columbia, Maty’s, Elvie’s, Verde Mesa, San Juan, Saffron , New Orleans, AZ, NM, Bacanora, Oklahoma City, Henderson, Mesa, Tatemó, Houston ,, Austin ,, Mission

☆ 6 sports-betting execs break down the biggest challenges facing the industry and how they're trying to solve them
▼ + stars: | 2024-06-11 | by ( Tiara White | Ashley Rodriguez | ) www.businessinsider.com time to read: +6 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewLegal sports betting is becoming more mainstream in the US, and regulators and leagues are starting to scrutinize it more closely. The industry's evolution is creating new challenges in areas like player protection, responsible gaming, and product innovation. "They're really trying to squeeze out as much profit and as much margin as they can, and it's starting to feel that way," Doctor told BI, describing what he considers one of the biggest challenges facing the industry. "When it comes to responsible gaming and responsible betting," she said.

Persons: —, Tucupita Marcano, sportsbooks, Zach Doctor, They're, Joe Maloney, Ashley Cahill, Dave Foppert, DraftKings, Foppert, Christiana Yebra, Max, Yebra, we'll, Mark Nerenberg Organizations: Service, San Diego Padres, Major League Baseball, Business, PNC Bank VP, American Gaming Association, Sports, Netflix

☆ Betting is the ‘Achilles’ heel’ of US sports. Are leagues doing enough?
▼ + stars: | 2024-06-09 | by ( Amy Woodyatt | ) edition.cnn.com time to read: +11 min

“But matters affecting the integrity of the game have a chilling effect across the board and governing bodies know this is their Achilles heel,” he warned. Fast forward to 2024 and the gambling industry is engrained in US sports culture with leagues, franchises, players and networks now partnering with betting organizations. “We need legislation to do things like prevent sports betting advertising, and to prevent prop betting. However, it can be often in leagues’ financial interest for betting to increase in popularity. “The sports leagues have turned to sports betting because it increases fan avidity.

Persons: Ippei Mizuhara, Shohei Ohtani, Tucupita Marcano, Jontay Porter, ” David Carter, ”, Paul Sancya, – it’s, Andrew Zimbalist, Zimbalist, ’ ”, “, William Hill, Mike Segar, Porter, Long Phi Pham, Pham, Breon Peace, Victor Matheson, Matheson, Adam Silver, Robert D, Manfred , Jr, Wayne Gretzky, Bruce Bennett, ’ Zimbalist, LeBron James, Patrick Mahomes, Connor McDavid’s, ” Matheson, ” Carter, ” Zimbalist, CNN’s Thomas Schlachter Organizations: CNN, Los Angeles Dodgers, Major League Baseball, San Diego Padres, National Basketball Association, Toronto Raptors, NBA, USC Marshall School of Business, MGM Grand Detroit, DC, Super, American Gaming, Smith College, Monmouth, Reuters, Authorities, Supreme, College of, NFL, MLB, New York Rangers, Carolina Hurricanes, Madison, Garden, “, NCAA, National Council Locations: Brooklyn, Michigan, Detroit, Washington, Oceanport , New Jersey, U.S, Porter , Brooklyn, New York City

☆ We live in New York City but my kids go to summer camp in California. They connect with their cousins and my husband and I get time together.
▼ + stars: | 2024-06-09 | by ( Alexandra Moss | ) www.businessinsider.com time to read: +5 min

For the last two years, we've sent our 10-year-old son to sleepaway camp in California — 3,000 miles and a six-hour flight from our home in New York. The East Coast isn't lacking for overnight camps: camp culture here is stronger than in any other part of the country. Our children are lucky to have first cousins the same ages as them — and unlucky to live a continent apart. An entire summer apart? But it's no less true for modern parents fortunate enough to ship their kids off to summer camp or for their kids.

Persons: we've, sleepaway, we're, Alexandra Moss Organizations: Service Locations: California, New York, sweltering, Sierra Nevada, Massachusetts , New Hampshire, Maine, San Diego, Roblox, Vancouver, British Columbia, alimoss.com

☆ A seasoned real estate investor who's shifting his investment philosophy to be more mission-based explains how any investor can give back while still profiting: 'It doesn't have to be a zero-sum game'
▼ + stars: | 2024-06-09 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +7 min

With the newfound time, "I've thrown myself back into the real estate company," the early retiree told Business Insider. He understands the importance of cash flow but is also convinced that investors at earlier stages in their careers can give back to their communities while also turning a profit. "It's all just percentages: You don't have to give out 90% of your units for affordable housing, but you can do one. He purchased his first affordable housing unit — a single-family home in Fairfield, Alabama that he'll rent on a long-term basis to a Section 8 tenant — in 2023. AdvertisementIt won't cash flow as much as his Airbnb properties, he said, but it allows him to diversify his portfolio.

Persons: Matt, I've, wasn't, Kent, —, That's, haven't Organizations: Service, Business, Government Locations: New Hampshire, Diego, Fairfield , Alabama

☆ Renting an electric car for the first time? What could go wrong?
▼ + stars: | 2024-06-08 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +7 min

CNN —Lydia Wu had never driven an electric vehicle before she rented a car from Avis last February. Rental car companies may have overestimated their customers’ readiness for a switch, though. In my case, I’ve rented EVs from Turo, a peer-to-peer car rental platform that’s sort of like Airbnb but for cars. Customer service as keyJoulez, an EV rental company, rents its fleet through its own website as well as through Turo. But not everyone has such a bad time when renting an EV from a big rental car company.

Persons: Lydia Wu, Wu, EVs, Hertz, Stephen Scherr, it’s, ” Hertz, Doug Jensen, Tesla, ”, “, ” Wu, I’ve, Micah Bergdale, they’re, Joulez, Jay Waldron, Waldron, Kia Organizations: CNN, Avis, Cox Automotive, Tesla, General Motors, Hertz, Kia, EV, Turo, Hyundai Kona EV, National Locations: Kansas City , Kansas, Hertz, San Diego, it’s, Polestar, New York City, “, Turo, Georgia, Washington, DC

☆ Curating an immersive art exhibition helped heal singer-songwriter Jewel’s heart
▼ + stars: | 2024-06-08 | by ( Jewel | For Cnn | ) edition.cnn.com time to read: +9 min

CNN —Walking through “The Portal” — the immersive art experience that I have created at Crystal Bridges Museum of American Art in Bentonville, Arkansas — is like stepping into a mandala. Jared Sorrells/Crystal Bridges Museum of American ArtI also began to carve marble, mold clay and draw around the same time I began writing songs. Crystal Bridges Museum of American ArtHere, there is also a sculpture I made titled “CHILL,” made of lucite and filled with a variety of medications. Jewel - Dedication Meditation (Official Visualizer from "THE PORTAL: an art experience by Jewel")The journal is for each visitor to keep. Crystal Bridges Museum of American ArtTraditional art mediums like oil painting and sculpture are often viewed today with preconceived notions and judgments.

Persons: “, Danny Goldberg, —, Philip Thomas, I’m, Rod Bigelow, Alejo Benedetti, Crystal, ”, Melesio Casas, Jared Sorrells, I, I’ve, it’s, James Webb, Kase, Jewel ., Jewel Organizations: CNN, Crystal Bridges Museum of American Art, Atlantic Records, Crystal Bridges Museum of American, ”, Bridges Museum of American, James Webb Space Telescope, Bridges Museum of, Nova Sky Locations: Bentonville , Arkansas, Crystal, San Diego , California

Set to a peppy electronic soundtrack, a recent video clip showed what the Hezbollah militia said was a missile-firing drone, a new weapon in its arsenal as it ratchets up its strikes on Israel. Flaunting a new weapon is the type of muscle flexing that Hassan Nasrallah, the organization’s elusive leader, crows about. Israel, too, is hitting targets farther into Lebanon. The latest surge by Hezbollah came this week, with a series of daily drone strikes by the militia hitting some civilian targets well into Israel. Senior officials starting with Israeli Prime Minister Benjamin Netanyahu stoked their rhetorical threats against Hezbollah, suggesting that a day of reckoning was close at hand.

Persons: Flaunting, Hassan Nasrallah, ”, Benjamin Netanyahu stoked Organizations: Senior, Israeli Locations: Israel, Gaza, Lebanon

☆ Climate change: Planet endures 12 straight months of unprecedented heat
▼ + stars: | 2024-06-05 | by ( Laura Paddison | ) edition.cnn.com time to read: +6 min

CNN —The planet just marked a “shocking” new milestone, enduring 12 consecutive months of unprecedented heat, according to new data from Copernicus, the European Union’s climate monitoring service. Unless planet-warming fossil fuel pollution is slashed, “this string of hottest months will be remembered as comparatively cold,” he said. “We need an exit ramp off the highway to climate hell.”As temperatures surge, global climate commitments are “hanging by a thread,” he warned. The average global temperature over the past 12 months was 1.63 degrees above these pre-industrial levels. But unprecedented heat has already left a trail of death and destruction across the planet this spring.

Persons: Copernicus, Carlo Buontempo, General António Guterres, Guterres, ”, Richard Allan, Ben Clarke, Raj K Raj, Diego Vara, ” Gutteres, ” Guterres, El Niño, Buontempo Organizations: CNN, United Nations, University of Reading, United Arab, Imperial College London’s Grantham Institute, Hindustan Times, Reuters, El, World Meteorological Organization, WMO Locations: New York, Russian, Paris, India, Asia, Mexico, United States, Brazil, Kenya, United Arab Emirates, New Delhi, Cavalhada, Porto Alegre

☆ The 3rd human case of bird flu in the US has 2 new and troubling symptoms
▼ + stars: | 2024-06-04 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +9 min

The H5N1 virus has become a pandemic among animals, raging through worldwide bird populations and now through US cattle herds. There, the H5N1 virus can continue operating as an avian virus, grabbing avian receptors with no need to adapt to human receptors. Two previous one-off human cases of H5N1 — one in Chile and one in Ecuador — featured respiratory symptoms. Even with its current monitoring, the CDC would probably detect sustained human spread, he said. Correction — June 4, 2024: An earlier version of this story misstated the nature of genomic sequencing of the H5N1 virus.

Persons: —, Jude virologist Richard Webby, Diego Vara, Rick Bright, Amanda Perobelli, John Harper, Nirav Shah, farmworkers, Shah, Bright, Bill Powers, Nathan Howard, Department of Agriculture hadn't Organizations: Service, US Centers for Disease Control, Business, CDC, Reuters, World Health Organization, Studies, New York Times, Stock, Drug Administration, STAT, Webby, Department of Agriculture Locations: Texas, Michigan, Americas, Norte, Brazil, Chile, Ecuador, Campinas, Townsend , Delaware

☆ Biden expected to immediately use new asylum restrictions in sweeping measure
▼ + stars: | 2024-06-04 | by ( Priscilla Alvarez | Donald Judd | ) edition.cnn.com time to read: +7 min

Biden unveiled the sweeping executive action Tuesday afternoon at the White House, attempting to use executive action to affect the situation on the border after a bipartisan measure failed earlier this year. The new executive action bars migrants who cross the border illegally from seeking asylum – a departure from decades-long protocol – once a daily threshold is met. Senior administration officials told reporters Tuesday it would be lifted when there’s a daily average of less than 1,500 encounters in between ports of entry. Senior administration officials acknowledged that federal resources are strained, which could pose a challenge, but they maintain that the measure will help them remove people more quickly. Senior administration officials Tuesday cited the measure as a tool to help head off that potential increase.

Persons: Washington CNN —, Biden, Joe Biden, Donald Trump, ” Biden, Jose Luis Gonzalez, Critics, Trump, they’re, Gregory Bull, ”, “, There’re Organizations: Washington CNN, White House, White, Republicans, Homeland Security, Texas National Guard, Reuters Homeland Security, Customs and Border Protection, Border Patrol, Trump, AP, “, Migrants Locations: Mexico, United States, Ciudad Juarez, Trump’s, San Diego, Cuba, Haiti, Nicaragua, Venezuela

☆ MLB bans Padres player for betting on his team's games
▼ + stars: | 2024-06-04 | by ( Geoff Weiss | ) www.businessinsider.com time to read: +1 min

MLB player Tucupita Marcano has been banned for gambling on his own team's games. Marcano bet on 25 Pittsburgh Pirates games he didn't play in. AdvertisementIn yet another spots-betting scandal, San Diego Padres player Tucupita Marcano has been permanently banned for gambling on hundreds of games — including his own team's. Major League Baseball (MLB) cited Rule 21 stating players can't bet on games where they have "a duty to perform," but noted Marcano didn't actually play in any of the games. Four other players also received one-year suspensions for gambling, MLB announced Tuesday.

Persons: Tucupita Marcano, Marcano, —, didn't Organizations: Pittsburgh Pirates, Service, San Diego Padres, Major League Baseball, MLB, Business

☆ 16 rising stars of sports betting and gaming who are driving growth areas like responsible gaming, micro betting, and pick 'em fantasy
▼ + stars: | 2024-06-04 | by ( Ashley Rodriguez | Tiara White | ) www.businessinsider.com time to read: +2 min

Richard Taylor helped build BetMGM's responsible-gaming departmentRichard Taylor. He knew working in responsible gaming could bring a lot of good to the industry. He was previously the director of responsible gaming at MGM Resorts International and moved almost four years ago to BetMGM, where he currently serves in the same role. "I was fortunate enough to be selected to be the first director of responsible gaming," he told BI. He said this excited him because he could take the knowledge he obtained over the years to hopefully help young staff build good habits.

Persons: Richard Taylor, Mitchell Ternay, Taylor Organizations: MGM Resorts International, San Diego Padres, Las Vegas Locations: Las Vegas, Taylor

☆ San Diego Padres player Tucupita Marcano banned for life by MLB after betting on games
▼ + stars: | 2024-06-04 | by ( Ben Morse | ) edition.cnn.com time to read: +5 min

CNN —San Diego Padres infielder Tucupita Marcano has been banned for life by Major League Baseball for betting on baseball games. The MLB investigation found that 25 of those bets included Pirates games while Marcano was assigned to the Major League club. Those players are Oakland Athletics pitcher Michael Kelly, Padres minor league pitcher Jay Groome, Philadelphia Phillies minor league infielder José Rodríguez and Arizona Diamondbacks minor league pitcher Andrew Saalfrank. According to MLB rules, a player found guilty of betting on baseball games involving teams other than their own are subject to a one-year suspension. “The longstanding prohibition against betting on Major League Baseball games by those in the sport has been a bedrock principle for over a century.

Persons: Tucupita Marcano, Marcano, ”, Michael Kelly, Jay Groome, José Rodríguez, Andrew Saalfrank, Rob Manfred, Manfred, “, Kelly, A’s, Michael, Rodríguez Organizations: CNN, San Diego Padres, Major League Baseball, MLB, Pittsburgh Pirates, Pirates, Major League, Marcano’s Pirates, Padres, Major League Baseball’s, “, Players Association, Oakland Athletics, Philadelphia Phillies, Arizona Diamondbacks, “ MLB, Oakland, Phillies, Diamondbacks

☆ Biden's new immigration executive order could tighten labor markets, but ease supply chain bottlenecks
▼ + stars: | 2024-06-04 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +8 min

Mike Blake | ReutersSince 2019, immigration has added 2 million workers to the U.S. labor supply, according to an April analysis by Tedeschi. Without immigrants, Tedeschi estimated that the size of the U.S. labor supply would have shrunk by 1.2 million during that period. The short answer is that this executive order will probably not increase inflation. Some experts say the executive order could bring down costs by smoothing out the U.S.-Mexico supply chain. Biden's executive order could help clear some of these supply chain bottlenecks.

Persons: Joe Biden, Leah Millis, Joe Biden's, Biden, Andrés Manuel López Obrador, Jose Luis Gonzalez, Ernie Tedeschi, Tedeschi, Trucks, Daniel Becerril, Donald Trump, I'd, Mike Blake, Tara Watson, Guillermo Arias, Jerry Pacheco, It's, Pacheco, Watson, Trump, Saul Loeb Organizations: White, . Border Patrol, Department of Homeland Security, NBC, Texas National Guard, Reuters, United, Yale University's, White House Council, Economic Advisers, Customs, Brookings, Immigrants, AFP, Getty Images Shipping, Border Industrial Association, Getty Locations: U.S, Mexico, Washington , U.S, United States, Texas, Ciudad Juarez, Nuevo Laredo, Biden's, San Diego , California, Mesa Port, Tijuana , Mexico, New Mexico, Calexico , California

☆ MLB bans Padres’ Tucupita Marcano permanently for betting on baseball
▼ + stars: | 2024-06-04 | by ( Lukas Weese | ) www.nytimes.com time to read: +4 min

Major League Baseball permanently banned San Diego Padres infielder Tucupita Marcano on Tuesday for placing hundreds of bets on baseball, including wagers on the Pittsburgh Pirates when he was a member of the team last season. MLB’s Department of Investigations found Marcano placed 387 baseball bets, including 231 MLB-related bets, through a legal sportsbook in 2022 and 2023, the league said. The Department of Investigations found all four players placed MLB-related bets while in the minors. MLB said a legal sports betting operator informed the league in March that it had “identified past baseball betting activity” from accounts connected to multiple players. He placed 29 baseball bets, including 28 MLB-related bets and one parlay bet on college baseball games in 2021 and 2022, the league said.

Persons: Tucupita Marcano, Marcano, Pete Rose, Rob Manfred, Michael Kelly, Jay Groome, José Rodriguez, Andrew Saalfrank —, ”, Kelly —, Marcano hadn’t, Kelly, Groome, Rodríguez, Saalfrank, Zac BonDurant Organizations: Major League Baseball, San Diego Padres, Pittsburgh Pirates, MLB’s Department of Investigations, MLB, Pirates, Cincinnati Reds, Major League, Oakland Athletics, Padres, Philadelphia Phillies, Arizona Diamondbacks, Department, Investigations, ’, A’s, Marcano, Houston Astros, Boston Red Sox, Triple, Phillies, Chicago White, Diamondbacks, Getty

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