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☆ How Wall Street Giants Made Billions Preying on College Students
▼ + stars: | 2024-09-10 | by ( Ryann Liebenthal | ) www.businessinsider.com time to read: +13 min

In 1970 there had been only 18,333 students enrolled at degree-granting for-profit schools, less than a quarter of a percent of the total number of college students. In 2010, Tom Harkin, chair of the Senate's education committee, began a two-year investigation into for-profit schools. But even more shocking, federal money flowing to for-profit schools accounted for 25% of all federal student aid and 47% of eventual loan defaults. Students' money enriched every corner of the for-profit industry except one: quality of instruction. In fact, these for-profit students were actually worse off than if they hadn't gone to school at all.

Persons: Kaplan, bankrolling, —, underperformers, Ashford, Warburg Pincus, Tom Harkin, Harkin, Goldman Sachs, Goldman, Pell Grant, Ryann Liebenthal Harper, Stephanie Riegg Cellini, Cellini, Ryann Liebenthal Organizations: University of, Apollo Group, ITT Tech, Fortune, Federal Family Education, Ashford, University, company's, Ashford University, Bridgepoint Education, New, Defense Department, Bloomberg, Camp Lejeune, Ryann Liebenthal Harper Collins Publishers, Books, HarperCollins Publishers Locations: California, New York City, Bridgepoint, Pell, Vietnam, Iraq, Camp, Oakland , California

☆ After success in Paris, Los Angeles looks to elevate Olympic Games in 2028
▼ + stars: | 2024-09-10 | by ( Ian Thomas | ) www.cnbc.com time to read: +3 min

Karen Bass, Mayor of Los Angeles, waves the Olympic flag as Thomas Bach, President of International Olympic Committee, applauds during the Closing Ceremony of the Olympic Games Paris 2024 at Stade de France on August 11, 2024 in Paris, France. After a successful 2024 Olympics and Paralympics in Paris, the bar has been set high for the next summer Games in Los Angeles in 2028, something that key stakeholders in that event say the city will be ready for. LA 2028 President Casey Wasserman attended the Paris Games, an event that he told Ross Sorkin "reminded people why they fall in love with the Olympics," and one he said organizers will look to build upon in Los Angeles. Wasserman said Los Angeles got a glimpse of that with the Olympic Torch handover ceremony, when Tom Cruise scaled the Hollywood Sign and the Olympic Rings replaced the "OO"'s in the sign — which Wasserman noted was done with CGI. Actress Jessica Alba, who is on the Los Angeles 2028 board of directors, said the Games will present all different aspects of the city's culture, from Hollywood to fashion to food, as "a global platform to showcase what they got."

Persons: Karen Bass, Thomas Bach, Los Angeles Mayor Karen Bass, CNBC's Andrew Ross Sorkin, Bass, Casey Wasserman, Ross Sorkin, Wasserman, Tom Cruise, Jessica Alba, Alba Organizations: International Olympic Committee, applauds, Olympic Games, Stade de France, Los Angeles Mayor, CNBC, Paris Games, Los Angeles Games, Los, Olympic Rings, NBCUniversal, NBC Sports, NBC Olympics, NBC, Games Locations: Los Angeles, Paris, France, Angeles, Hollywood, U.S

“We still don’t know with full certainty what transpired and what happened, and that’s why we are working to get as much information as we can," State Department principal deputy spokesperson Vedant Patel said. They called for an independent U.S.-ordered investigation and said an Israeli investigation would not be enough. Patel said that Israel is conducting an investigation and that the State Department expects a formal process for releasing findings. The bodies of six hostages, including Israeli American Hersh Goldberg-Polin, were recovered in a tunnel under Rafah late last month. In Gaza, local officials have said more than 40,000 people have been killed since Israeli forces launched its offensive in response to the Hamas attacks.

Persons: “, Vedant Patel, ”, Patel, Israel, ” Patel, Philippe Lazzarini, ” Lazzarini, Hersh Goldberg Organizations: West Bank, State Department, Department, University of Washington, International Solidarity Movement, Israeli Defense Forces, Justice Department, Hamas, United Nations Relief, Works Agency for Palestine Refugees, UN Locations: Israel, American, U.S, Seattle, Gaza, East, Rafah

☆ US employers have good reasons not to hire more workers now
▼ + stars: | 2024-09-08 | by ( Bryan Mena | Elisabeth Buchwald | ) edition.cnn.com time to read: +5 min

That’s because employers might be putting some of their hiring plans on hold — and for good reason. Businesses consider many factors when deciding to hire, but across a wide spectrum of industries, the economic outlook carries always great deal of weight. Both those factors are prompting employers to think twice about hiring more workers now, according to economists and recent comments from businesses around the country. But she’s proposing raising the corporate tax rate to 28%. So when interest rates are as elevated as they are right now, monthly debt payments could be too costly for many firms.

Persons: there’s, ” Kathy Bostjancic, Reserve Banks, Kamala Harris, Donald Trump, Trump, Harris, ”, Sean Snaith, Julia Pollak, ZipRecruiter’s, ” Pollak, “ It’s, Pollak Organizations: CNN, Labor Department, Federal Reserve, Nationwide, “, Reserve, Trump, America, Economic, of New, Institute for Economic, University of Central, Fed, Treasury Locations: China, of New York, University of Central Florida

☆ Trump’s claim terrorists are pouring over southern border does not stand up to scrutiny
▼ + stars: | 2024-09-08 | by ( Peter Bergen | ) edition.cnn.com time to read: +4 min

Discussing the US southern border, Trump asserted that “more terrorists have come into the United States in the last three years. In fact, there have been no reported terrorist attacks in the US during the past three years carried out by jihadist terrorists crossing the southern border. The ordinarily voluble Trump typically doesn’t have much to say when far-right domestic terrorists perpetrate terrorism in the United States. To be sure, there are reasonable concerns about the southern border, like the fact that, as CNN reported in June, eight Tajikistan nationals in the US who had crossed the southern border were arrested on immigration charges “following the discovery of potential ties to terrorism,” including possibly to ISIS. This is all a far cry from Trump’s claim on Fox that “more terrorists have come into the United States in the last three years.

Persons: Donald Trump, Kamala Harris, Trump, voluble Trump, Christopher Wray, “ Organizations: CNN, Fox News, New, Naval Air Station, Pentagon, New America, Fox, US Customs, Protection Patrol, CBS News Locations: United States, New York City, Saudi, Pensacola , Florida, Buffalo , New York, Allen , Texas, Pensacola, Manhattan, Tajikistan, Customs, Canada

☆ The battle of Kursk hinges on the Russian railroad
▼ + stars: | 2024-09-08 | by ( Michael Peck | ) www.businessinsider.com time to read: +8 min

Related storiesExactly how overloaded the Russian rail network may be isn't clear. Despite the humiliation of foreign troops occupying Russian soil, Russian forces continue to grind forward in bloody attacks at places such as Pokrovsk, in the Donetsk region. Relying on trucks would require an extraordinary number of vehicles, so it seems likely that Russian forces at Kursk will require multiple railheads that depend on a limited number of railroad bridges. However, Ukraine has captured data about the Russian railway system, which will make it easier to disrupt operations, Fraser noted. Barros believes that Ukraine could seriously disrupt Russian rail traffic and logistics if the US would lift those restrictions.

Persons: —, We've, George Barros, ZwsdIWSBwg, — Rob Lee, Ben Hodges, Kyiv's, Barrow, Oleg Palchyk, Callum Fraser, Fraser, Biden, Barros, Michael Peck Organizations: Service, Business, Belarusian, Moscow Railway, Moscow Railways, Russian Railways, Study, UR, 101st Airborne Division, US Army, Interior Ministry, FSB, Kremlin, Getty, Britain's Royal United Services Institute, Ukraine, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: Los Angeles, Russia, railheads, Kursk, Russian, Orel, Belarus, Smolensk, Moscow, Ukrainian, Washington, Belgorod, Europe, Ukraine, Donetsk, Bryansk, Russia's Kursk, Kharkiv, Leningrad, Oryol, Voronezh, Forbes

☆ The $100,000 electric truck market is here. A guide to pickups from Tesla, GM, Rivian and Ford
▼ + stars: | 2024-09-07 | by ( Michael Wayland | ) www.cnbc.com time to read: +10 min

There are currently a handful of electric trucks for purchase in the U.S. market: the Tesla Cybertruck, Ford F-150 Lightning, Rivian R1T and General Motors' GMC Hummer EV, GMC Sierra Denali and Chevrolet Silverado. The GMC Hummer and Rivian also have SUV versions, which feature similar functions as their pickup counterparts but in different forms. The SUV version is smaller and more manageable to drive than the pickup truck version. When the F-150 Lightning hit the market, it was the first "mainstream" electric truck. An electric Ford F-150 next to a Tesla Cybertruck in front of Ford's world headquarters on Aug. 27, 2024 in Dearborn, Mich. Michael Wayland / CNBC

Persons: Michael Wayland, CNBC DETROIT – Tesla, Stephanie Brinley, it's, Stephanie Valdez Streaty, Tesla, Ford, Rivian R1T, Rivian, Kelley, Sierra EVs Organizations: GMC, Denali, Tesla, Ford, CNBC DETROIT, Motors, Rivian Automotive, P Global Mobility, Cox Automotive, General Motors, GMC Hummer EV, GMC Sierra Denali, Chevrolet Silverado, Motor Intelligence, Renaissance Center, CNBC, GM, U.S . Environmental Protection Agency, Cruise, Silverado, GMC Sierra GM's, DC, Chevrolet, Sierra Locations: U.S, Detroit, Dearborn, Mich

☆ Fontana, California: Police pressured him to confess to a murder that never happened
▼ + stars: | 2024-09-05 | by ( Rachel Clarke | Shimon Prokupecz | ) edition.cnn.com time to read: +35 min

The medication, it took over, and we need to find Daddy right now.”Later, Perez asked for medical attention. She knows, because she was walking through all the blood.”Time and again they asked Perez to imagine what could have happened. “They picked me up, they read me my rights and my mind’s going, ‘What’s going on?’,” the elder Perez told CNN. The elder Perez told CNN the samples had been identified as coming from a male, but that was all. Harrell, whose office is counsel to the city of Fontana, asked CNN to return any video it had, unaired.

Persons: California CNN — Tom Perez, Perez, ” Perez, “, Tom Perez, —, “ Papa Tom ” —, Margo —, Margo, …, That’s, ”, Joanna Piña, Cpl, Sheila Foley, Piña, ” Foley, Robert Miller, Miller, PEREZ, Fontana, David Janusz, Kyle Guthrie, Guthrie, Thomas —, Perez —, Janusz, berate Perez, Dolly Gee, ” Guthrie, “ Thomas, that’s, ” Janusz, Jeff Noble, . Miller, ” Noble, They’re, Mr, where’s, Perez’s, Carl Peraza, Peraza, Tom, ” Peraza, Police badgered Perez, ‘, ’ Janusz, … You’re, Thomas, Thomas ’, you’re, Judge Gee, “ She’s, ” Tom Perez, Noble, — Perez, Father, Thomas Perez, Miranda, ‘ What’s, Papa Tom, Jerry Steering, he’d, they’ve, it’s, Shel Harrell, Harrell, ” Judge Gee, Ruben Duran, ” Duran, he’s, Fontana Guthrie, Michael Dorsey, Perez Jr, Dorsey, there’s, CNN it’s Organizations: Fontana, California CNN, CNN, Fontana Police Department, THE, US, ” Police, Police, that’s, Los Angeles International Airport, City of, City Locations: California, Fontana , California, Fontana, Los Angeles, Oakland , California, Northern California, City of Fontana, “, United States

☆ Ford truck, hybrid models lead to 13% increase in August sales
▼ + stars: | 2024-09-05 | by ( Michael Wayland | ) www.cnbc.com time to read: 1 min

A Ford Raptor pickup truck is displayed for sale at a Ford dealership on August 21, 2024 in Glendale, California. DETROIT — Ford Motor's U.S. vehicle sales jumped 13.4% last month, led by increases in the company's F-Series trucks and hybrid models. The Detroit automaker reported sales Thursday of nearly 183,000 vehicles in August, including a 12.3% increase in trucks and a roughly 50% jump in hybrid vehicles compared with a year earlier. Its all-electric vehicle sales jumped 29% during that time, including a notable rise in its F-150 Lightning pickup. Ford's August sales outpaced overall industry estimates of a roughly 6% year-over-year increase from a year earlier, according to Barclays.

Persons: DETROIT — Organizations: Ford, DETROIT — Ford Motor's U.S, Detroit, Barclays Locations: Glendale , California, DETROIT

☆ I took a 50% pay cut to leave my sales job and work on a potato farm. I have no regrets.
▼ + stars: | 2024-09-03 | by ( Erin Liam | ) www.businessinsider.com time to read: +5 min

Read previewThis as-told-to essay is based on a conversation with Tyler Heppell, a fifth-generation farmer from Heppell's Potato Corporation in Canada. As a fourth-generation farmer at a 104-year-old potato farm in British Columbia, my dad thought he had hit the lottery when he had three sons. My plan was to work on my family's farm for a year while I figured out the next steps. I took a pay cut to return to the farmI made almost 200,000 Canadian dollars in sales, or around $150,000, in one year. I'm also in charge of all the truck drivers because the potato fields are about an hour from our farm.

Persons: —, Tyler Heppell, I'm, Heppell, It's Organizations: Service, Heppell's Potato Corporation, Business, Fortune, Statistics Canada, Royal Bank of Canada Locations: Canada, British Columbia

☆ Tesla Cybertruck is in a category of its own for better or worse
▼ + stars: | 2024-09-03 | by ( Michael Wayland | ) www.cnbc.com time to read: +11 min

In this article TSLA Follow your favorite stocks CREATE FREE ACCOUNTA Tesla Cybertruck in front of a graffiti mural on Aug. 28, 2024 in Detroit. Those were all words used to describe the Tesla Cybertruck during a 24-hour rental of the vehicle in metropolitan Detroit. Fronts of the Ford F-150 Lightning, Tesla Cybertruck and GMC Sierra Denali EVs (left to right). The Tesla Cybertruck is unveiled at Tesla's design studio on Nov. 21, 2019, in Hawthorne, Calif. A Tesla Cybertruck in front of a graffiti mural on Aug. 28, 2024 in Detroit.

Persons: Tesla, Michael Wayland, It's, Terry Woychowski, Elon Musk Organizations: CNBC, Ford, Chevrolet, Tesla, GMC Sierra Denali, YouTube, General Motors, Ford Motor, Rivian Automotive, Hummer, Renaissance Center, Tech, GMC, Caresoft, GMC Hummer, GM Locations: Detroit, Chevrolet El, Hawthorne , Calif

☆ Olympic chocolate muffins brought to New York City for pop-up
▼ + stars: | 2024-08-24 | by ( Victoria Feng | Victoria Feng Is An Intern On The Nbc News Technology Desk. | ) www.nbcnews.com time to read: +4 min

Three weeks later, she tracked down the French supplier, facilitated a shipment of muffins to the U.S. and dealt with the resulting challenges, all to bring the viral muffins to New York City for a pop-up event. In a thread on X, Zhang detailed how she worked with New York City cafe Isshiki Matcha to bring the viral muffins to hundreds of New Yorkers on Aug. 17. Isshiki Matcha, which has been open for four months, primarily sells premium matcha and matcha drinks. “I could eat this viral muffin that all these Olympic athletes can’t stop talking about.”Zhang described the muffin as light, moist and not too sweet. Zhang and Zheng are trying to import another batch of muffins to sell (and eat), but nothing has been finalized yet.

Persons: Kelin Carolyn Zhang, Henrik Christiansen, Christiansen, Stephen Nedoroscik, Gabby Thomas, Zhang, “, ” Zhang, de, Angel Zheng, Isshiki Matcha, ” Zheng, Isshiki, Zheng, pates, ” Organizations: New, Yorkers, NBC News Locations: Norwegian, TikTok, New York City, U.S

☆ It’s never been harder to be Mister Softee
▼ + stars: | 2024-08-24 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +7 min

Once, there were more than 2,000 Mister Softee trucks in 38 states during the company’s peak in the 1960s. Now, there are only around 630 Mister Softee trucks looping around neighborhoods and parks in 21 states. A Mister Softee truck during a spring training baseball game in Goodyear, Arizona, in 2013. A freshly made cup of Mister Softee ice cream is displayed during a bicycle safety event held in Evesham Township, New Jersey, in 2024. As goes the nation, so goes Mister SofteeThe Mister Softee business is a window into changes in neighborhoods, family sizes and children’s habits.

Persons: New York CNN — It’s, Softee, ” Mike Conway, Mister Softee, Mister, James, William Conway, John Sleezer, ” William Conway, Carlos Vazquez, Alexi Rosenfeld, Vazquez, ”, “, Chris Lachall, Graeme Pitkethly, Conway, They’re, ” Carlos Vazquez Organizations: New, New York CNN, Mister, CNN, Kansas City Star, Tribune, Service, Getty, USA, Unilever, Census Bureau Locations: New York, Runnemede , New Jersey, Philadelphia, United States, Goodyear , Arizona, New York City, Van Leeuwen, Maine, California, Evesham Township , New Jersey, Europe

☆ Why Ford believes its $1.9 billion shift in EV strategy is the right choice for the company
▼ + stars: | 2024-08-23 | by ( Michael Wayland | ) www.nbcnews.com time to read: +8 min

So it might surprise investors that the automaker believes its new path to profitability for electric vehicles will first be led by smaller, more affordable vehicles. “We’re quite convinced that the highest adoption rates for electric vehicles will be in the affordable segment on the lower size-end of the range,” he told CNBC on Thursday. Gjaja’s comments came a day after the automaker announced updates to its EV strategy that will cost up to $1.9 billion. Gjaja said the decision wasn’t taken lightly, especially the cancellation of the upcoming three-row vehicle, which Ford CEO Jim Farley and other executives had been touting as a game changer for several years. He said the Ford, in part, developed the skunkworks team to prove that Ford can compete against the Chinese automakers.

Persons: Marin Gjaja, We’re, “, Warren Buffett, Gjaja, Jim Farley, ” Farley, Ford, ” BofA’s John Murphy, John Lawler, Lawler, ” Gjaja, ” There’s, we’ve, ” Ford, Thursday, ” Organizations: DETROIT, Ford, CNBC, North America, EV, “, ICE, Wall Street, GM, General Motors Locations: U.S, Europe, North, California, China, ”

But the consequences — but the consequences of putting Donald Trump back in the White House are extremely serious. Just imagine Donald Trump with no guardrails, and how he would use the immense powers of the presidency of the United States. But Donald Trump believes a border deal would hurt his campaign, so he ordered his allies in Congress to kill the deal. Because, you know, they know — they know he is easy to manipulate with flattery and favors. They know Trump won’t hold autocrats accountable because he wants to be an autocrat himself.

Persons: Kamala Harris’s, Let’s, Doug, Cole, Ella, Dougie, Joe Biden, Joe, Tim Walz, Shyamala Harris, Donald Harris, Aretha, Coltrane, Miles, Kamala, Don’t, Shelton, Uncle Sherman, Aunt Mary, Uncle Freddie, Auntie Chris —, Family, —, Maya, Michelle, Thurgood Marshall, Constance Baker Motley, Wanda, Kamala Harris, I’ve, Donald Trump, doesn’t, “, miscarrying, Couples, John Lewis, Trump, Putin, Said, Zelensky, Biden, Kim Jong, let’s Organizations: Democratic, Mayflower, White, U.S . Capitol, Capitol, U.S, Supreme, Trump, Social Security, Affordable, of Education, Medicare, Congress, Republicans, NATO, Fellow Locations: America, India, California, Jamaica, —, Illinois, Wisconsin, East, United States of America, Oakland, Calif, United States, China, Said Russia, Russia, Ukraine, Gaza, Israel, Iran, An America, American

☆ Why Ford believes its $1.9 billion shift in EV strategy is the right choice for the company, investors
▼ + stars: | 2024-08-23 | by ( Michael Wayland | ) www.cnbc.com time to read: +7 min

In this article F Follow your favorite stocks CREATE FREE ACCOUNTA banner advertises the Ford Mustang Mach-E electric vehicle at a Ford dealership on August 21, 2024 in Glendale, California. So it might surprise investors that the automaker believes its new path to profitability for electric vehicles will first be led by smaller, more affordable vehicles. "We're quite convinced that the highest adoption rates for electric vehicles will be in the affordable segment on the lower size-end of the range," he told CNBC on Thursday. Gjaja's comments come a day after the automaker announced updates to its EV strategy that will cost up to $1.9 billion. He said the Ford, in part, developed the "skunkworks" team to prove that Ford can compete against the Chinese automakers.

Persons: Mario Tama, Marin Gjaja, Warren Buffett, Gjaja, Jim Farley, Farley, Ford, BofA's John Murphy, John Lawler, Lawler, There's, we've, Michael Wayland Organizations: Ford, Getty, DETROIT, CNBC, North America, EV, Wall Street, GM, General Motors Locations: Glendale , California, U.S, Europe, North, California, China

FOREST PARK, Ga. — Celery was used to conceal more than 2,300 pounds of methamphetamines that federal agents discovered in a truck at a farmers market outside Atlanta, the U.S. Drug Enforcement Administration said. In what the DEA called one of the largest seizures of its kind, agents confiscated the drugs being delivered to the Atlanta State Farmers Market in Forest Park, authorities said at a Monday news conference, WAGA-TV reported. The agency had learned about a semitrailer coming across the Mexican border, and agents tracked the drugs to the farmers market, said DEA Special Agent in Charge Robert Murphy. “This was contained in a cover load of celery,” Murphy said. That didn’t make it to the store.”A Mexican citizen was arrested, the Atlanta TV station reported.

Persons: Robert Murphy, ” Murphy Organizations: U.S . Drug, Administration, Atlanta State Farmers, Atlanta TV Locations: Atlanta, U.S, Forest Park

☆ Ukrainian truck seen transporting blindfolded soldiers
▼ + stars: | 2024-08-14 | by ( Augusta Anthony | ) edition.cnn.com time to read: 1 min

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☆ 5 promises Elon Musk made about the Cybertruck that never happened
▼ + stars: | 2024-08-14 | by ( Tom Carter | ) www.businessinsider.com time to read: +4 min

Read previewThe Cybertruck has changed a lot since Elon Musk first unveiled it in 2019. Here are some of the Cybertruck features that Musk has promised over the years but which failed to materialize:Advertisement1. A $39,900 price tagWhen Musk first unveiled the Cybertruck in 2019, he said the cheapest version would cost $39,900, with more advanced variants costing $49,900 and $69,900. 500-mile rangeMusk also said in 2019, the most advanced tri-motor version of the Cybertruck would have a 500-mile range. Anadolu/Getty ImagesOne of the most eye-catching promises Musk made about the Cybertruck is that it would be able to float and serve as a boat for short periods.

Persons: —, Elon Musk, Tesla's, Musk, Tesla, It's, Cyberquad Musk, it's, Cybertruck, Wes Morrill Organizations: Service, Elon, Business, Anadolu, Getty

☆ 3 people killed in fire that destroyed home in small town northeast of Seattle
▼ + stars: | 2024-08-13 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Ap-Live-Blog-Byline-Image.Png | The Associated Press | ) www.nbcnews.com time to read: +1 min

CONCRETE, Wash. — Three people were killed in a house fire in a rural area northeast of Seattle and authorities are looking for a pickup truck that remains unaccounted for after the blaze, police said. The two-story home was destroyed in the Friday morning fire in the small town of Concrete, the Mount Vernon Police Department said in a statement. The Skagit County Medical Examiner will release the victims’ names after each one is identified. Police said one of the victims was an employee of Skagit County. The town of Concrete is about 96 miles (154 kilometers) northeast of Seattle.

Persons: Vernon Organizations: Mount Vernon Police Department, Police, Skagit County Medical, of Alcohol, Tobacco, Firearms, Authorities, . Police Locations: Seattle, Concrete, Skagit County

☆ Colorado wildfires: How giant balloons could help to predict future blazes
▼ + stars: | 2024-08-13 | by ( Nell Lewis | ) edition.cnn.com time to read: +9 min

CNN —At the end of July, Colorado became the latest US state to battle the spread of wildfires. There are satellites, which orbit the exosphere, between 375 miles (600 kilometers) and 6,200 miles (10,000 kilometers) above Earth, and also provide imagery, but often of a much lower quality than one of Urban Sky’s balloons. Another upside of Urban Sky’s balloons is cost, he says. It wants to create a model for both selling the balloons outright and operating the balloons itself while selling data as a service. “As wildfires continue to increase in frequency, intensity, magnitude and duration, such technology for managing wildfires could not come soon enough,” says Fisher.

Persons: Alexander, Jared Leidich, ”, Leidich, Joshua Fisher, perimeters, Ben Miller, Riley Reid, Urban, Fisher Organizations: CNN, Initiative, Urban, Sky, Concorde, California’s Chapman University, NASA, The Colorado Center of Excellence, Technology, US Geological Survey, NASA FireSense Locations: Colorado, Fort Collins, South Dakota, Briggsdale , Colorado

☆ Bull headed for slaughterhouse escapes, goes on rampage before being fatally shot in Massachusetts
▼ + stars: | 2024-08-13 | by ( Tim Stelloh | Tim Stelloh Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +2 min

A bull bound for a Massachusetts slaughterhouse briefly escaped its fate Monday after it crashed through electrified fences, jumped a berm, ran across on an interstate and swam through a lake, authorities said. However, police officers in Raynham, south of Boston, fatally shot the 1,300-pound animal when it charged at them, police said in a news release. A 1,300-pound bull runs before being fatally shot in Raynham, Mass., on Monday. via VimeoThe bull leaped over a 6-foot berm and ran onto Interstate 495, where it caused a three-vehicle crash, the department said. When the bull began “aggressively” swimming toward the group, the department said, an officer fired at the animal with a department-issued rifle.

Persons: “, David LaPlante Organizations: Workers, Monday . Raynham Police, Police Locations: Massachusetts, Raynham, Boston, Raynham , Mass, Lake Nippenicket

☆ Inside the tax battles Tim Walz fought — and won — in Minnesota
▼ + stars: | 2024-08-13 | by ( Brian Schwartz | ) www.cnbc.com time to read: +6 min

Kevin Mohatt | ReutersSix years before Tim Walz was tapped to be Vice President Kamala Harris' running mate, he was busy running for governor of Minnesota. Eric Gibson, then president of Ultra Machining Company, recalled asking Walz whether the Democrat believed that high corporate and state taxes hurt workers. Minnesota currently taxes corporate income at 9.8%. The nonpartisan Tax Foundation says that's the highest corporate tax rate of any state in the nation. Minnesota Governor Tim Walz speaks next to Wisconsin Governor Tony Evers at Yellowjacket Union, at University of Wisconsin-Superior, in Superior, Wisconsin, U.S. March 2, 2022.

Persons: Kamala Harris, Tim Walz, Kevin Mohatt, Walz, Eric Gibson, Gibson, Geoff Baker, Baker, Douglas Loon, Kamala, Andrew Harnik, wasn't, Harris, Tony Evers, Evelyn Hockstein, Loon, Minn, Bill George, George said Walz, George Organizations: Democratic, Minnesota, Chippewa, Reuters, Ultra, Democrat, CNBC, McFarland Truck Lines, Foundation, Democrats, Senate, Minnesota Chamber of Commerce, Fortune, UnitedHealth, U.S, Gov, Getty, Minnesotans, Tax, Yellowjacket Union, University of Wisconsin, Mayo Clinic Locations: Eau Claire , Wisconsin, U.S, Minnesota, Gull Lake, McFarland Truck Lines . Minnesota, Gull, Glendale , Arizona, Wisconsin, Superior, Superior , Wisconsin, St, Paul, Rochester, Minn

☆ Jim Cramer recommends five cyclical industrials with an edge
▼ + stars: | 2024-08-13 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

These picks incorporate secular themes and a lot to offer Wall Street as the economic landscape changes, he said. Cummins green energy efforts and said it has a strong power systems business that makes products for buildings, including data centers. Even if truck sales have slowed, he said the data systems business is doing well, as data centers — which need generators — continue to proliferate. The company reported higher-than-expected earnings earlier in August, and management indicated power systems drove sales that quarter. Dover topped expectations, but said Wall Street seems to be underestimating the stock at the moment.

Persons: CNBC's Jim Cramer, Eaton Hubbell Parker, Hannifin Cummins, Hannifin Organizations: Cummins, Hubbell, Park Locations: Dover, Eaton

☆ 1st Pakistani individual gold medalist, whose village helped fund his Olympic path, returns home a hero
▼ + stars: | 2024-08-12 | by ( Kimmy Yam | Kimmy Yam Is A Reporter For Nbc Asian America. | ) www.nbcnews.com time to read: +5 min

After Pakistani javelin athlete Arshad Nadeem hurtled his way into the Olympic history books, his country threw him welcome celebrations fit for a king. Arshad Nadeem, 27, took the top spot in javelin last week in the Paris Games, becoming the first Pakistani to win an individual gold medal in the country’s history. Arshad Nadeem outside his village in Mian Channu, Pakistan, on Aug. 11. Arshad Nadeem of Pakistan during the men's javelin throw final at the Paris 2024 Olympics, on Aug. 8. “We developed our own weight training apparatus by using iron rods, canisters of oil and concrete.”Gold medalist Arshad Nadeem of Pakistan during the victory ceremony.

Persons: Arshad Nadeem hurtled, Arshad Nadeem, Asim Tanveer, Nadeem, Mian Channu, ”, Neeraj Chopra, Arshad Nadeem of, Matthias Schrader, Salman Iqbal Butt, Ali Sher Bajwa, ” Nadeem, Arshad, Muhammad Ashraf, “, Shahid Nadeem, Kirill Kudryavtsev, Chopra, ” Chopra, “ Arshad, that’s, “ I’ve, Imran Khan, “ Neeraj, Al Organizations: Paris Games, Express Tribune, Olympics, Barcelona Games, Times, Reuters, Getty, Economic Times, Al, Indian Express Locations: Lahore, Mian Channu, Pakistan, Mian, Los Angeles, Arshad Nadeem of Pakistan, Times of India, AFP, India

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