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☆ In-N-Out is making a rare expansion into Tennessee, but it will be years before any restaurants open — here's why
▼ + stars: | 2023-01-10 | by ( Nancy Luna | ) www.businessinsider.com time to read: +3 min

In-N-Out, which turns 75 this year, is expanding to its eighth state – Tennessee. Here's why it takes so long for In-N-Out to open restaurants in new states. It took about three years for In-N-Out to open the first Colorado restaurant after announcing expansion there in 2017. Why does it take so long to open In-N-Out in a new region? The same will be true for Tennessee, as In-N-Out doesn't build restaurants further than 500 miles from its distribution centers.

☆ 'Don't Say Gay' feud advances with new proposed legislation
▼ + stars: | 2023-01-09 | by ( Associated Press | ) www.nbcnews.com time to read: +3 min

The notice serves as a procedural step in what has become a closely watched process between Disney and Florida. DeSantis and statehouse Republicans slammed Disney, saying the entertainment giant had become a purveyor of so-called woke ideologies that are inappropriate for children. The squabble marked a rare moment of discord between the state and Disney, one of Florida’s largest employers and a major political donor. It also provided another front in an ongoing culture war that has made DeSantis one of the nation’s most popular Republicans. Having a separate government allows the company to provide zoning, fire protection, utilities and infrastructure services on its sprawling property.

☆ Democratic Rep. Katie Porter is eyeing a potential California Senate run in 2024: Politico
▼ + stars: | 2023-01-07 | by ( John L. Dorman | ) www.businessinsider.com time to read: +1 min

Rep. Katie Porter of California is eyeing a potential 2024 Senate bid, according to Politico. Dianne Feinstein is up for reelection in 2024, but has not yet announced her intentions. Porter's potential entry into the race would likely offer a huge burst of momentum for progressives. Loading Something is loading. Feinstein, now in her fifth term, is widely expected to retire after the upcoming 2024 cycle, but neither she nor her campaign have commented on her intentions.

Ron DeSantis will seek to bring Disney's special governing district under direct state control in a bid to end the entertainment giant's multi-decade arrangement with the Sunshine State. In a document posted to the website of Osceola County, which also borders Orange County and Reedy Creek, notice was given that the proposed legislation would leave no current aspect of Reedy Creek untouched. Florida legislators already voted in a special session last year to dissolve all special districts like Reedy Creek in Florida by June 2023. In response, DeSantis and his allies in the Florida legislature announced they would seek to end the privileges Disney had enjoyed through the special district. “The state of Florida has been very important to us for a long time, and we have been very important to the state of Florida,” Iger said last month.

Today, there are 54 Hispanic American banks and credit unions that are FDIC or NCUA insured around the US. We selected Hispanic American-owned credit unions from the National Credit Union Administration's list of minority depository institutions which was also updated in September 2022. In our list of Hispanic American-owned banks and credit unions, many of the institutions listed offer customer support in Spanish and English. You can open up savings accounts, checking accounts, CDs, and money market accounts in most of the institutions listed. To help you learn more about a specific Hispanic American-owned bank or credit union, we've included links to reviews of individual institutions.

Last year, the nation’s largest LGBTQ advocacy organization, the Human Rights Campaign, labeled 2021 the “worst year” for LGBTQ rights in modern U.S. history, citing a record number of anti-LGBTQ bills introduced in state legislatures across the country. “The LGBTQ+ community is really under siege right now,” said Ricardo Martinez, CEO of LGBTQ advocacy group Equality Texas. One bill that was successfully implemented, and gained national headlines for months, was Florida’s Parental Rights in Education law, or what critics have dubbed the “Don’t Say Gay” bill. The word “grooming” has long been associated with mischaracterizing LGBTQ people, particularly gay men and transgender women, as child sex abusers. Those losses came after some conservative groups ramped up misleading or inflammatory campaign ads targeting transgender rights.

☆ New York prepares for possible flooding from snowmelt while the West girds for heavy rain and snow
▼ + stars: | 2022-12-29 | by ( Julianne Mcshane | Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Kathryn-Prociv.Jpg | ) www.nbcnews.com time to read: +7 min

Kathy Hochul on Wednesday directed state agencies to prepare to respond to flooding caused by the snowmelt. And the Buffalo Airport — where nearly 52 inches of snow fell during the storm, according to the weather service — reopened Wednesday. Moderate to heavy snow could also fall across northern Nevada by Friday night, the agency said. On New Year’s Eve, heavy rain will fall in the Southeast up to the Ohio Valley during the day and the mid-Atlantic into the Northeast during the evening, while the West will face a flood risk and continued heavy mountain snow. On New Year's Day, lingering rain showers are expected in New England, above-average temperatures are set for the South and rain and snow are expected in the Southwest.

☆ 2022 was the year the Overconfidence Man fell back to earth
▼ + stars: | 2022-12-29 | by ( Maureen Tkacik | ) www.businessinsider.com time to read: +22 min

Naturally, Elon Musk, the platonic ideal of the peculiar self-aggrandizing, self-parodying personality type that thrived during the Trump years and peaked during the pandemic, tops this list. By 2022, the media had pronounced him variously the next Warren Buffett, J.P. Morgan and Charles Koch. "bye bye @trussliz Congrats to lettuce", tweeted Putin's one-time stand-in Dmitry Medvedev, to which Elon Musk could not resist replying, "pretty good troll tbh." Elon Musk speaks at the 2020 Satellite Conference and Exhibition in March 2020. Elon MuskIt's weird to recall now that Elon Musk once seemed like, graded on the billionaire curve anyway, a net positive for a cursed American society.

☆ A band of immigrant tenants went to war with their $31 billion landlord. It's a sneak peek at what's to come across America.
▼ + stars: | 2022-12-27 | by ( Alex Nicoll | ) www.businessinsider.com time to read: +16 min

In Alexandria, Virginia, $31 billion landlord CIM Group bought a massive apartment complex in 2020. The group was organizing against CIM Group, the landlord they said had upended their lives. Insider spoke with 10 Southern Towers tenants. The battle between the Southern Towers tenants and CIM could presage what's to come across America. "We're not going to leave"The Southern Towers tenants aren't the only ones following the money.

☆ This oil and gas VC upended his career to start a plant-based burger chain. Now, he's raised $20 million to open new restaurants with plans to steal market share from McDonald's.
▼ + stars: | 2022-12-22 | by ( Nancy Luna | ) www.businessinsider.com time to read: +6 min

Next Level Burger, which makes plant-based burgers, was cofounded in 2014 by Matt de Gruyter. Next Level Burger plans to triple in size and steal share from McDonald's, de Gruyter said. In his quest to align his career with this diet, he quit his job and launched a restaurant serving plant-based burgers in 2014. Both became early backers of de Gruyter's brand, Next Level Burger, which has grown to nine restaurants in six states. The restaurant chain announced a $20 million raise on Tuesday, led by Payne and his wife, Nicole Brodeur.

☆ Mystery deepens as friends reveal accused 'catfisher' visited longtime girlfriend in days before killing a teen's family
▼ + stars: | 2022-12-11 | by ( Tim Stelloh | Tim Stelloh Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +10 min

Efforts to reach Edwards’ family have been unsuccessful. Neither Gates nor the second friend knew about the trip ahead of time, a move Gates described as unusual. The second friend said he learned of it from Edwards' father after Edwards didn't let him know he was heading home. In a text message with the second close friend, the girlfriend described Edwards' trip as "spontaneous" and said everything had gone well, the second friend said. He wanted to move back to southwestern Virginia, where he could be closer to friends and family, Gates said.

☆ Citadel's anniversary extravaganza: Billionaire Ken Griffin treats employees to Disney World and a Coldplay concert amid a stellar year for the hedge fund
▼ + stars: | 2022-12-05 | by ( Hayley Cuccinello | ) www.businessinsider.com time to read: +3 min

Billionaire Ken Griffin treated Citadel employees and their families to a weekend at Disney World. The 20th-anniversary event for Citadel Securities is one of many lavish events for the firm. This weekend, founder Ken Griffin treated Citadel and Citadel Securities' employees and their partners and children to an all-inclusive weekend in Disney World. The Disney World extravaganza was the 20th-anniversary celebration of market maker and trading firm Citadel Securities, and a belated event for hedge fund Citadel's 30th anniversary, which was in 2020. Citadel employees and families gathered at the Orange County Convention Center in Orlando, Florida on Saturday night for a party that featured a concert headlined by Coldplay.

☆ ‘There’s no rules. It’s crazy’: New money in NCAA recruiting leaves elite athletes ripe for exploitation
▼ + stars: | 2022-11-27 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Kit-Ramgopal-Byline.Jpg | Kit Ramgopal | ) www.nbcnews.com time to read: +15 min

Instead, the coveted junior recruit was benched, due to a decision from the state’s governing body for high school sports. Meanwhile, in a growing number of states, including California, even high school athletes can enter contracts. But boosters can pay prospective students through NIL deals, as long as the money is not contingent on enrollment or athletic performance. A University of Miami booster has earmarked $10 million to sign players to NIL deals through his companies. Cunningham’s message to high school athletes is “the grass isn’t always greener,” even in California.

In the early 2010s, Mr. Mellow set out for still more distant shores, traveling to many famous surf breaks in the South Pacific. Mr. Abdul-Rashed and Mr. Danian traveled to Hawaii to connect with Mr. Mellow, their spiritual guide and Pacific expedition leader. Mr. Mellow posted an ad on Facebook and Craigslist offering $10,000 for passage to the South Pacific. Mr. Schmidt was in sync with the young seekers when it came to fear of Big Brother and vaccines, but dreading port officials brandishing nasal swabs struck even Mr. Schmidt as a little unhinged. When asked if he was at all responsible for what had happened to Mr. Danian and Mr. Abdul-Rashed, Mr. Mellow looked genuinely confused.

☆ Real impact of Fed hikes likely bigger than what target rate implies, Daly says
▼ + stars: | 2022-11-21 | by ( Michael S. Derby | ) www.reuters.com time to read: +3 min

Nov 21 (Reuters) - San Francisco Federal Reserve President Mary Daly said on Monday the real-world impact of the U.S. central bank's interest rate hikes is likely greater than what its short-term rate target implies. Compared to the current target rate, she added, "financial markets are acting like it is around 6%." Daly weighed in as Fed officials have continued to beat the drum for further rate rises aimed at lowering the highest levels of inflation in 40 years. The central bank has lifted its short-term target from a near-zero level in March. In economic projections released in September, Fed policymakers penciled in a mid-4% target rate for next year.

☆ Fed's Daly: Currently expect fed funds rate to top out around 5%
▼ + stars: | 2022-11-21 | by ( ) www.reuters.com time to read: 1 min

NEW YORK, Nov 21 (Reuters) - Federal Reserve Bank of San Francisco leader Mary Daly said on Monday she is still expecting the U.S. central bank to hike rates more and will likely lift its interest rate target to around 5%. While the end state of the central bank’s rate rise campaign is “not set in stone” it remains likely the Fed will get to around 5%, or somewhere between 4.75% and 5.25%, Daly said in an address to the Orange County Business Council in California. The current federal funds rate stands at between 3.75% and 4%. The rate setting Federal Open Market Committee is almost certain to raise that rate when it meets next month. Reporting by Michael S. Derby Editing by Chris ReeseOur Standards: The Thomson Reuters Trust Principles.

Rep. Katie Porter ran against Republican Scott Baugh in California's 47th Congressional District. 2022 General EmbedsCalifornia's 47th Congressional District candidatesPorter ran for her third term in the House and sits on the Committee on Oversight and Government Reform. This was Baugh's third time running for the 47th Congressional District seat. Voting history for California's 47th Congressional DistrictCalifornia's 47th Congressional District is an affluent coastal district that covers a large swath of Orange County. Her opponent, Baugh, raised $2.7 million, spent nearly $2.6 million, and had $139,000 cash on hand, as of October 19.

☆ GOP Rep. Michelle Steel wins re-election in contentious House race between 2 Asian Americans
▼ + stars: | 2022-11-15 | by ( Kimmy Yam | Kimmy Yam Is A Reporter For Nbc Asian America. | ) www.nbcnews.com time to read: +3 min

After a contentious race in Orange County, California, Republican incumbent Michelle Steel will represent the redrawn 45th Congressional District. Steel defeated Democrat Jay Chen in a rare matchup between two Asian American candidates. Prior to serving in Congress, Steel was a supervisor and chairwoman of the Orange County Board of Supervisors. The political shift has been driven by the growth of the Asian American and Pacific Islander population in the area. On Monday, dozens of Asian American organizations, including Asian Americans Advancing Justice — AAJC and the Orange County Asian and Pacific Islander Community Alliance, condemned candidates “using sinophobia, a fear or dislike of China” in a letter.

LOS ANGELES — Former Los Angeles Dodgers player Yasiel Puig will plead guilty to lying to federal investigators who were probing an illegal sports gambling operation, prosecutors in Southern California said Monday. Puig, 31, will plead guilty to one count of making false statements, the U.S. Attorney’s Office for the Central District of California said in a statement. Puig will also pay a fine of at least $55,000, the prosecutors’ office said. Puig was charged and a plea agreement was filed Aug. 29, but the case was unsealed Monday, according to court records. Neither the statement from federal prosecutors’ office nor court documents say that Puig gambled on baseball.

SummarySummary CompaniesCompanies Law firms Frost Brown Todd and AlvaradoSmith to merge effective Jan. 1Combined firm will have more than 575 lawyers in 17 offices(Reuters) - Frost Brown Todd is set to combine with California law firm AlvaradoSmith as the Cincinnati-founded firm continues to branch out to new regions. The combination will give Frost Brown Todd 23 additional attorneys and three California offices in Los Angeles, Orange County and San Francisco. Frost Brown Todd, founded in 1919 as Frost & Jacobs before merging in 2000 with Louisville-founded Brown, Todd and Heyburn in 2000, has roots in the middle of America, with offices in Ohio, Kentucky, Indiana and other states. The AlvaradoSmith attorneys are joining the larger firm under the name Frost Brown Todd AlvaradoSmith in California through 2023, before reverting to the Frost Brown Todd name the next year. Law firm mergers dropped as the COVID-19 pandemic took hold in 2020, and activity stayed at lower levels throughout 2021.

☆ Low-cost startup airline Breeze is launching 3 new routes from North Carolina
▼ + stars: | 2022-11-15 | by ( Brady Macdonald | ) www.businessinsider.com time to read: +1 min

The low-cost carrier will fly between Raleigh-Durham and New Orleans, Hartford, and Providence. The new non-stop flights join the Breeze route map in February. The Research Triangle made up of Raleigh, Chapel Hill, and Durham is home to the University of North Carolina, North Carolina State University, and Duke University. Breeze also announced non-stop flights on select days from Pittsburgh to Hartford and NOLA with returning routes starting in early February. Breeze also recently announced it is launching 2 new routes from Southern California's John Wayne Airport in Orange County.

[1/2] A street sign lies on the ground following the passage of Hurricane Nicole in Merritt Island, Florida, U.S. November 10, 2022. “The structural damage along our coastline is unprecedented,” Volusia County Manager George Recktenwald said in a statement. Nicole's storm surge also caused the collapse of parts of the scenic A1A highway, which runs along the Atlantic coast in Volusia County, sheriff's officials said. Hurricane Kate came ashore near Mexico Beach, Florida, on Nov. 21, 1985, said Philip Klotzbach, a hurricane expert at Colorado State University, on Twitter. The Atlantic hurricane season officially runs from June 1 to Nov. 30.

☆ Tropical Storm Nicole Leaves Two Dead, 200,000 Without Power in Florida
▼ + stars: | 2022-11-10 | by ( Arian Campo-Flores | Alyssa Lukpat | ) www.wsj.com time to read: 1 min

Nicole made landfall as a Category 1 hurricane in eastern Florida early Thursday, causing at least two deaths, knocking down some homes and cutting off power for hundreds of thousands of customers around the state. Two people died in Conway, near Orlando, after they were electrocuted by a downed power line Thursday morning, according to the Orange County Sheriff’s Office.

☆ 'We have to vote for our lives,' say Latino LGBTQ voters and activists
▼ + stars: | 2022-11-09 | by ( Albinson Linares | Noticias Telemundo | ) www.nbcnews.com time to read: +6 min

Rodriguez was one of several Hispanic voters and activists who spoke to Noticias Telemundo about their mobilization as voters or organizers against recent legislation they see as anti-LGBTQ. That is why we are committed to strengthening the LGBTQ vote, which is a bloc that has already demonstrated its electoral power." According to a study by the Williams Institute at UCLA, about 9 million LGBTQ adults were registered to vote in the 2020 election, 22% of them Latino. But for Jorge Gutiérrez, a DACA recipient who came to the U.S. at age 10, discussing the rights of LGBTQ people is fundamental. In his experience, the attacks on minorities and the LGBTQ community have intensified over the years.

☆ Low-cost startup airline Breeze is launching 2 new routes from Southern California
▼ + stars: | 2022-11-09 | by ( Brady Macdonald | ) www.businessinsider.com time to read: +1 min

Breeze is launching its 100th route, a new transcontinental flight from California to Florida. Breeze plans to expand service at the slot-constrained John Wayne Airport in Orange County, California. Breeze is adding John Wayne Airport in Santa Ana, California to its map with new nonstop routes from Southern California to Orlando International Airport and Provo Municipal Airport in Utah near Salt Lake City starting on February 16. The upstart's new routes fits into the Breeze model of connecting leisure-heavy locations without nonstop service. Most major airlines serve John Wayne and Orlando, but flights between them require one or more stops.

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