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☆ Inflation is cooling, but small businesses in the U.S. say customers just aren’t spending like they used to
▼ + stars: | 2024-02-26 | by ( Samantha Delouya | ) edition.cnn.com time to read: +5 min

While cooling inflation and a robust GDP reading that smashed economists’ expectations are reasons to be optimistic about the US economy, one key economic engine seems to still be sputtering: small businesses. Small business owners say they’re still grappling with the hangover effects of inflation and a labor shortage, according to the National Federation of Independent Business’s most recent monthly survey, which was conducted in January. Dougherty said small businesses may be delayed in feeling the effect of easing inflation, but once businesses experience more prolonged stable prices, that may help their sentiment turn around. A recent survey of American Express small business customers indicated that some small business owners see strength in 2024. Half of the 557 US small businesses surveyed said they plan to grow or expand their businesses in the upcoming year.

Persons: Kevin Meehan, , he’s, ” Meehan, “, hasn’t, Kevin Meehan RJacobsonPhoto, we’d, that’s, Everything’s, ”, Charles Dougherty, Sarah Cash, Cash, Sarah Cash Elise Kutt, “ I’ve, ” Cash, it’s, they’re, doesn’t, Sunny, Dougherty, Meehan, I’m Organizations: CNN, Kali, National Federation of Independent, “, US Chamber of Commerce, American Express, Valentine’s Locations: Los Angeles, Wells Fargo, United States, Grand Rapids , Michigan

☆ A widow unexpectedly received $1 billion of Berkshire Hathaway stock. Now, she's covering Bronx med students' tuition forever.
▼ + stars: | 2024-02-26 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +4 min

"He left me, unbeknownst to me, a whole portfolio of Berkshire Hathaway stock," Gottesman told The New York Times. She would donate the money in full to the Albert Einstein College of Medicine in the Bronx, New York's poorest borough, the Times reported. Advertisement"I wanted to fund students at Einstein so that they would receive free tuition," she told the Times. Her gift is so large that it will cover students' tuition to the medical school in perpetuity, Albert Einstein College of Medicine said in a press release. A year's tuition at the school costs over $59,000, leaving many graduates with more than $200,000 in debt, the Times reported.

Persons: —, Ruth Gottesman's, Gottesman, Gottesman couldn't, Einstein, Ruth Gottesman, XOy9HZLbfD, 1ijv02jHFk —, Gottesman's, David, Sandy, Warren Buffett, Berkshire Hathaway, Yaron Tomer, Marilyn, Stanley Katz Dean Organizations: Service, Berkshire Hathaway, New York Times, Albert Einstein College of Medicine, Times, Montefiore Health Systems, Pediatrics, Health, Einstein, Foundation, Manhattan Co Locations: Berkshire Hathaway, Bronx ,, @EinsteinMed, Buffet's, Berkshire

Our experts answer readers' insurance questions and write unbiased product reviews (here's how we assess insurance products). This week, a reader paid half the cost of their brother's funeral out of their own pocket. He had life insurance, with the money going to my mother and my two adult kids. Try saying something like, "I didn't have the chance to prepare for my brother's funeral expenses financially. You weren't wrong to ask, and you certainly weren't wrong to assume your brother's life insurance would cover the funeral costs.

Persons: —, didn't, Dear, what's, I'm, weren't, isn't Organizations: Business, Service Locations: Florida

☆ How Rick Beato struck YouTube gold with his ‘Everything Music’ channel
▼ + stars: | 2024-02-25 | by ( John Blake | ) edition.cnn.com time to read: +16 min

I first heard about Beato after stumbling onto his YouTube channel. During the pandemic, for example, many music fans migrated to the internet to watch various forms of music because live music was off-limits. “I still feel at 60 the same way I did when I was 14,” he said recently in a YouTube video. His face lights up when he talks about his family on his YouTube channel. “My YouTube Channel was a way to honor my parents and leave something for my kids.

Persons: Rick Beato, Instagram, Beato, ”, Pat Metheny, Sting, Jimi Hendrix, he’s, it’s, “, you’re, He’s, Rick, —, Mike Rowe, Jobs, ” Rowe, I’ve, I’m, “ Woo, Bach, Brad Mehldau, Keith Williams, Williams, ” Beato, Dick Cavett, Keith Jarrett, Jarrett, John Coltrane, Beato regaled Jarrett, awestruck, ” Jarrett, Steve Gadd, Chuck Mangione, Oscar Peterson, Music —, Nina, Dylan, Lennon, Layla, Eric Clapton, polychords, Taylor Swift’s “, Paul Allen, Everybody, Joni Mitchell, Herbie Hancock, Rick Beato's, Melissa Golden, John Blake Organizations: CNN, YouTube, Costco, Twitter, Facebook, Berklee College of Music, Eastman School of Music, Ithaca College, New, Conservatory, Music, Ithaca, Microsoft, Intelligence Locations: Atlanta , Georgia, London, Berlin, New Jersey, Fairport, Rochester , New York, Italian, New York, Ithaca, Atlanta, Silicon Valley

☆ As Ukraine marks two years since Russia’s invasion, Europe is facing difficult questions
▼ + stars: | 2024-02-22 | by ( Luke Mcgee | ) edition.cnn.com time to read: +7 min

Arguably most important among those questions: How long can it practically sustain such draining financial support for Ukraine? The United Kingdom, arguably the major security player in the region, has also pledged more than $15 billion to Ukraine since 2022. This is an alarming prospect for European officials who already believe Putin is digging in and trying to wait out the West. In the run-up to the US presidential election, the question of what happens to European security without America will inevitably be asked. Europe simply doesn’t have the manufacturing heft right now to independently serve Ukraine over the next 12 months.

Persons: Vladimir Putin’s, Money, Volodymyr Zelensky, Ursula von der Leyen, Joe Biden, Stefan Rousseau, Donald Trump, White, Trump, Putin, Thomas Peter, ” Organizations: CNN, Ukraine, Bakhmut, European Union, NATO, EU, Kiel Institute, US, Parliamentary, Getty, White House, DC Locations: Vladimir Putin’s Ukraine, Europe, Ukraine, Avdiivka, United States, Kyiv, EU, Kiel, United Kingdom, Ukrainian, AFP, NATO, America, Kramatorsk, Brussels, China, Beijing

☆ Starbucks launched a pork-flavored coffee in China. It costs $10 and is dividing people.
▼ + stars: | 2024-02-21 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

Starbucks has launched a pork-flavored coffee in China. The Seattle-based coffee giant recently rolled out a pork-flavored latte in China for the Chinese New Year season that started on February 10. The pork-flavored coffee has gone viral on Chinese social media — mostly because people were wondering if it's for real. The Starbucks beverage is far more expensive than rival Luckin Coffee, which can cost as little as $1.40 thanks to aggressive discounts. Sales of Luckin Coffee overtook Starbucks in China in the second quarter of last year.

Persons: —, Savory Latte, Lucky Savory Latte, Instagram, Luckin Organizations: Starbucks, Service, Business Locations: China, Seattle, Shanghai, Starbucks China, Hong Kong

☆ Want steady, passive income? Buy these dividend stocks with higher yields, Wall Street says
▼ + stars: | 2024-02-21 | by ( Weizhen Tan | ) www.cnbc.com time to read: +4 min

Dividend stocks came under the spotlight after Meta unexpectedly announced a dividend for the first time. BofA has also been bullish on dividend stocks lately, saying investors may flock back to such stocks for income if yields fall this year, in turn driving up this segment of stocks. Wall Street and other pros share their tips on how to pick good dividend stocks and what names will generate sustainable income. In fact, using that strategy mitigates the risk of relying only on dividend income if higher rates affect dividend distributions, according to Stutland. "This combination provides a buffer against future interest rate hikes and offers the possibility of capital appreciation alongside dividend income."

Persons: Meta, BofA, Brian Stutland, Stutland, Goldman, Stocks, It's, — CNBC's Michael Bloom Organizations: CNBC Pro, Morningstar, Walmart, Target, Depot, Verizon, Treasury

☆ Americans aren't having enough kids. That's bad news for the economy — and immigration may be the answer.
▼ + stars: | 2024-02-21 | by ( George Glover | ) www.businessinsider.com time to read: +5 min

China, Japan, and Italy are all battling dwindling birth rates — and their struggles are a reminder of an issue that could eventually become a problem for the US. Elon Musk, with his three-year-old son X AE A-Xii at the 2024 Super Bowl, thinks low birth rates pose a risk to civilization. Meanwhile, economists have warned for years about plunging birth rates in Italy . AdvertisementChina has also struggled to raise its birth rate. Congress has also played up the potential for immigration to boost the economy over the longer term.

Persons: —, millennials, Zeds, Zers, you’ve, Marc Ostwald, That’s, Elon Musk, Musk, X, Rob Carr, Italy party’s, ”, ADM’s, Donald Trump, Joe Biden, “, ” Ostwald, Martin Heinrich Organizations: Service, United Nations, Business, ADM Investor Services International, Congressional, Republican, Democrat, Economic Committee Locations: China, Japan, Italy, India, “ Japan

☆ They say not to make big life decisions while grieving. But I moved to Madrid right after my husband's funeral — and it was the right decision.
▼ + stars: | 2024-02-19 | by ( Margarita Gokun Silver | ) www.businessinsider.com time to read: +6 min

Her family had lived as expats in six countries and raised their teenage daughter in Spain. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . A perfect city for the lonely and sadMargarita Gokun Silver celebrated her birthday with her daughter in Madrid. Madrid as my new homeWhen my husband died, Madrid was the first place I thought of as a potential new home. Sure, I could have stayed around Boston, where my husband's family lived, or gone to Florida to join my parents.

Persons: Margarita Gokun Silver, Madrid, —, we'd, wasn't, togetherness, It's, I'm Organizations: Service Locations: Spain, Massachusetts, Greece, Florida, Madrid, Boston

☆ Trump Comments Show Europe Must Spend More on Defence, Latvia Says
▼ + stars: | 2024-02-17 | by ( Feb. | At A.M. | ) www.usnews.com time to read: +2 min

Trump sparked fierce criticism from top Western officials for saying that, as U.S. president, he had told an unnamed leader he would not protect countries that failed to meet NATO defence spending targets, and would even encourage Russia to attack them. "Many presidents have been saying for many years that in Europe, we - being a generally wealthy society - should invest more in our own defence," Karins said as he walked between events at the annual Munich Security Conference on Friday. Karins said part of Europe's response should be to continue to spend more on defence - a trend fuelled by Russia's seizure of Crimea in 2014 and full-scale invasion of Ukraine in 2022. Karins said Europe would still need the structures and coordination provided by the U.S.-led North Atlantic Treaty Organization for its forces to operate effectively together, as Europe was not a country with a single army. "We will still need NATO to help coordinate us."

Persons: Andrew Gray MUNICH, Donald Trump's, Krisjanis Karins, Trump, Karins, Andrew Gray, Jan Harvey Organizations: NATO, Latvian, Baltic, Reuters, Security, Treaty Organization Locations: Russia, U.S, Europe, Crimea, Ukraine

LOS ANGELES (AP) — The management team of Brian Wilson has petitioned to place him in a conservatorship because of his mental decline and the recent death of his wife, Melinda Ledbetter Wilson, who managed his daily life. The petition asks a judge to appoint two longtime Wilson representatives — publicist Jean Sievers and manager LeeAnn Hard — to be conservators overseeing his personal and medical decisions because “Mr. Wilson is unable to properly provide for his own personal needs for physical health, food, clothing, or shelter.”The two women “have had a close relationship with Mr. and Mrs. Wilson for many years, and Mr. Wilson trusts them,” according to the filing. Ledbetter — whose husband credited her with stabilizing his famously troubled life — had managed his daily needs before her death on Jan. 30, the petition says. The Wilson petition seeks only a conservatorship of his person, saying he does not need a conservator of the estate because his assets are in a trust, with Hard as a trustee.

Persons: Brian Wilson, Melinda Ledbetter Wilson, Wilson, Jean Sievers, LeeAnn, Mr, “, Ledbetter —, —, Gloria Ramos, Brian, “ Brian, Britney Spears, Ledbetter, Dr, Eugene Landy, Landy, mistreating Wilson, ” Wilson, “ Melinda Organizations: ANGELES, Beach Boys, Los Angeles Superior Court Locations: Los Angeles, California

☆ Dollar steady as traders weigh economic data, yen fragile
▼ + stars: | 2024-02-16 | by ( ) www.cnbc.com time to read: +4 min

The dollar was steady on Friday, on track for its fifth straight weekly gain, as investors take stock of economic data and firm expectations of the Federal Reserve cutting rates in June, while the yen traded at the psychologically key 150 per dollar level. But overall market expectations on the timing of the first Fed cut and magnitude of the cut will continue to drive volatility in FX markets." "We will likely soon contemplate the appropriate time for monetary policy to become less restrictive," Bostic said. Investor focus has been on comments from policymakers, with Federal Reserve Chair Jerome Powell due to give the Senate banking committee its biannual monetary policy update on March 7. The Australian dollar eased 0.20% to $0.651, while the New Zealand dollar is down 0.21% to $0.609.

Persons: Christopher Wong, Raphael Bostic, Bostic, Jerome Powell, pare, Kieran Williams, bitcoin Organizations: Federal Reserve, PPI, Federal Reserve Bank of Atlanta, Federal, Asia FX, InTouch, Markets, New Zealand Locations: Buenos Aires, Argentina, Singapore, U.S, Japan, Asia, Germany

☆ Don’t look now but gas prices are rising fast
▼ + stars: | 2024-02-16 | by ( Matt Egan | ) edition.cnn.com time to read: +5 min

Gas prices always rise as winter winds down because demand increases and gas stations must switch over to more expensive summer fuel. No matter the cause, rising gas prices are bad news for consumers already frustrated by the cost of living. And they undercut the election year message of a White House that previously pointed to cheap gas prices as evidence that Bidenomics is working. First, oil prices — the main driver of retail gas prices — tend to increase during this time of the year. For instance, without the usual backstop, last summer’s historic heatwave that knocked some refineries offline unexpectedly lifted gas prices across the country.

Persons: New York CNN —, ”, Patrick De Haan, doesn’t, De Haan, That’s, Andy Lipow, It’s, BP’s Whiting, Whiting, Lipow, ” Lipow Organizations: New, New York CNN, AAA, ’, Lipow Oil Associates, ”, BP, heatwave Locations: New York, Washington, Southern California, Indiana, Midwest, Ohio, Illinois, Colorado , Utah, Arizona, New Mexico, Colorado, That’s, Israel, Iran, Saudi Arabia

☆ Why oil prices aren’t soaring despite Middle East uncertainty
▼ + stars: | 2024-02-16 | by ( Krystal Hur | ) edition.cnn.com time to read: +6 min

Oil prices spiked last month following US-led strikes on Houthi targets in Yemen in response to repeated attacks on commercial ships in the Red Sea. One factor that could be keeping the cap on oil prices is waning demand. “Global oil demand growth is losing momentum,” said the agency in its February report. While global oil demand growth is slowing, supply has stayed relatively strong, potentially putting further downward pressure on oil prices. “Higher global oil supply this year, led by the United States, Brazil, Guyana and Canada, should more than eclipse the expected rise in world oil demand,” said the report.

Persons: Bell, ”, Donald Trump, Matt Egan, —, Trump, Jay Ritter, Read, Anna Bahney, Freddie Mac, Sam Khater, Freddie Mac’s, Khater, Bob Broeksmit Organizations: CNN Business, Bell, New, New York CNN, West Texas, Brent, International Energy Agency, “, shuttering, Federal, US, United Arab Emirates, White, Wall, Trump, Truth Social, Trump Media & Technology Group, Securities and Exchange, Trump Media, SEC, University of Florida, Mortgage Bankers Association Locations: New York, Russia, Ukraine, Yemen, Red, United Kingdom, Japan, Germany, Iraq, United States, Brazil, Guyana, Canada

☆ Japan’s Economy Slips Into Recession and to No. 4 in Global Ranking
▼ + stars: | 2024-02-15 | by ( Hisako Ueno | Daisuke Wakabayashi | ) www.nytimes.com time to read: 1 min

The Japanese economy contracted at the end of last year, defying expectations for modest growth and pushing the country into a recession. Japan’s unexpectedly weak economy in the fourth quarter was the result of a slowdown in spending by businesses and consumers who are grappling with inflation at four-decade highs, a weak yen and climbing food prices. The end of the year also marked a moment that had been expected: Japan’s economy, now slightly smaller than Germany’s, fell one notch to become the world’s fourth-largest economy. On an annualized basis, gross domestic product fell 0.4 percent in October through December after a revised 3.3 percent decline in the previous three-month period. Economists had been forecasting fourth-quarter growth of around 1 percent.

☆ Japan is no longer the world's third-largest economy as it slips into recession
▼ + stars: | 2024-02-15 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +1 min

Japan has lost its spot as the world's third-largest economy to Germany, as the Asian giant unexpectedly slipped into recession. Fourth quarter GDP sharply missed forecasts for a 1.4% growth in a Reuters poll of economists. On a quarter-on-quarter basis, GDP slipped 0.1%, compared with a 0.3% rise expected in the Reuters poll. Germany, on the other hand, saw its nominal GDP grow 6.3% to reach 4.12 trillion euros, or $4.46 trillion based on last year's average exchange rate. Nominal GDP measures the value of output in current dollars, without adjusting for inflation.

Organizations: Nikkei, Bank of Locations: Tokyo, Japan, Germany, Bank of Japan

☆ Japan's economy unexpectedly contracted in the fourth quarter of 2023
▼ + stars: | 2024-02-15 | by ( Clement Tan | In Clemtan | ) www.cnbc.com time to read: 1 min

An editorial picture of the Japan flag set against an economic trend graph and images associated with the stock market, finance and digital technology. Japan's economy unexpectedly contracted again in the October-December period, provisional government data showed Thursday. Provisional gross domestic product contracted 0.4% in the fourth quarter compared with a year ago, after contracting 2.9% in the July-September period. The GDP deflator in the fourth quarter stood at 3.8% on an annualized basis. The world's third-largest economy also contracted 0.1% in the fourth quarter from the previous quarter, after contracting 0.4% in the third quarter from the second.

Organizations: Provisional Locations: Japan

☆ She arrived at JFK airport in 1971 and two men were waiting for her. Here’s how she ended up married to one of them
▼ + stars: | 2024-02-14 | by ( Francesca Street | ) edition.cnn.com time to read: +18 min

Linda arrived in New York City “in precisely the clothes I described.” At the airport, she glanced around, searching the throngs of people. Linda PorterThe dark-haired, mustachioed man “was George,” Linda soon realized. An introduction to New York CityLinda arrived in New York City excited to embark on a new chapter. Courtesy G. Porter and Dr. L. M. PorterLike Linda, George Porter was also a New York City transplant. Newly married, Linda – who took George’s name, becoming Linda Porter – returned to the US, once again landing in JFK airport.

Persons: John F, Linda Ford, Linda wasn’t, ” Linda, Linda, she’d, – she’d, “, ”, George, John Rooney, George Porter, –, who’d, they’d, Linda Dean, I’d, Linda Porter, Jean, Claude, Frenchman, ” Jean, “ George, New York City Linda, Porter, ” “, ” George, Linda –, he’d, “ Linda, George “, he'd, It’s, Penny, Patty, – “, Linda’s, George’s, Here's George, Porter “, we’d, Linda Porter –, Linda weren’t, ’, Max Burnell, CNN George, I’m, “ Jean Organizations: CNN, Kennedy International Airport, City University of New, CNN Travel, Kennedy International, JFK, Air, Air France, New, Riverside Park, Yorker, Atlantic Locations: JFK, City University of New York, United States, England, Paris, York City, “ New York, New York City, Air France, Southern, New York, Manhattan, Arkansas, George, Europe, –, Linda’s, midtown, NYC, Staten, of, Central Park, West Coast, “ But New York, Sevenoaks, Kent, Riverside, New Jersey, Switzerland

☆ Japan’s economy slips into recession due to weak consumer spending
▼ + stars: | 2024-02-14 | by ( Hanako Montgomery | ) edition.cnn.com time to read: 1 min

Tokyo CNN —Japan’s economy has contracted unexpectedly because of weak domestic consumption, pushing the country into recession and causing it to lose its position as the world’s third largest economy to Germany. Gross domestic product shrank at an annualized pace of 0.4% in the last three months of 2023, the Cabinet Office said on Thursday. It was the second consecutive quarter of negative growth. Private consumption — which accounts for half of the economy — declined by 0.2%, as Japanese consumers battled higher prices for food, fuel and other goods. This is a developing story and will be updated.

Organizations: Tokyo CNN, Gross Locations: Germany

☆ Hawaiian Electric Starts Rolling Outages Due to Loss of Generators
▼ + stars: | 2024-02-14 | by ( Feb. | At A.M. | ) www.usnews.com time to read: +1 min

(Reuters) -Utility firm Hawaiian Electric said on Tuesday it had begun rolling outages on Hawaii Island due to the unavailability and reduced output from several large generators. The Honolulu-based power company said its largest generator, Hamakua Energy, unexpectedly tripped offline late Tuesday afternoon and Puna Geothermal Venture was operating at a reduced capacity. Hawaiian Electric added one of its combustion turbines had tripped offline on Tuesday evening on the island, which contains the towns of Hilo and Kona. 5, Keahole CT-5, and Puna Steam Plant also are unavailable due to planned annual maintenance or repairs. Hawaiian Electric said the timing and extent of the outages would depend on the amount of demand on the system and the availability of generators.

Persons: Keahole, Gursimran Kaur, Brijesh Patel, Janane Venkatraman, Jamie Freed Organizations: Reuters, Electric, Energy, Geothermal Venture, Puna Steam Locations: Hawaii, Honolulu, Hilo, Kona, Puna, Maui, Bengaluru

Excluding volatile food and energy costs, so-called “core” inflation could look stickier. Core inflation is watched closely because it typically provides a better read of where inflation is likely headed. One factor that probably kept core prices up last month is that January is when many businesses impose price increases. While the government seeks to adjust its inflation data for such seasonal factors, it doesn't always do so perfectly. Core services prices, which exclude energy, jumped 5.3% last year.

Persons: Biden, Joe Biden, —, doesn't, Goldman Sachs, Jerome Powell Organizations: WASHINGTON, Federal Reserve, Fed

Democrat Tom Suozzi flipped a New York congressional seat blue Tuesday night, narrowing the GOP's already razor-thin majority in the House and boosting the spirits of Democrats fretting about President Joe Biden's strength in the fall elections. A centrist Democrat, Suozzi was seeking to get back the job he had before he left to run, unsuccessfully, for the gubernatorial nomination in 2022. Suozzi also faced an electorate unhappy with Biden in general and, in particular, the influx of immigrants over the border. A little-known Nassau County legislator, Pilip is a registered Democrat who was running on the Republican and Conservative Party lines. Democrats also scored a big win in Pennsylvania on Tuesday night, retaining control of the state House with Jim Prokopiak's unexpectedly lopsided victory over Republican Candace Cabanas.

Persons: Tom Suozzi, Joe Biden's, Republican Mazi Pilip, ” Suozzi, ”, Biden, Donald Trump, Alejandro Mayorkas, impeaching, – Suozzi, Democratic Sen, Claire McCaskill, Suozzi, George Santos –, Santos, –, Grace Meng, Pilip, Jim Prokopiak's, Republican Candace Cabanas Organizations: Associated Press, Suozzi, Republican, Nassau, Nassau County Republican, Congressional, Republicans, Homeland, Democratic, MSNBC, Democrat, –, Democratic New York Rep, Conservative Party, Nassau County Republicans, Democrats Locations: York, Nassau County, Israel, Gaza, New, New York, impeaching Mayorkas, Pennsylvania

WASHINGTON (AP) — Just a quarter of business economists and analysts expect the United States to fall into recession this year. But respondents to a National Association of Business Economics survey released Monday still expect year-over-year inflation to exceed 2.5% -- above the Federal Reserve’s 2% target – through 2024. But the economy unexpectedly kept growing and employers kept hiring and resisting layoffs despite higher borrowing costs. The Fed has stopped raising rates and has signaled that it expects to reduce rates three times this year. Another 85% are worried about political instability in the United States before or after the Nov. 5 presidential election.

Persons: –, ’ ’, Sam Khater, Freddie Mac Organizations: WASHINGTON, National Association of Business Economics, Fed Locations: United States, China, U.S, Taiwan

Diamondback Energy will attempt to buy rival Endeavor Energy Resources to create an energy giant in the Southwestern United States worth more than $50 billion. A tie-up between Diamondback and Endeavor, if it succeeds, would create a player in the massive Permian Basin oil and gas field that straddles Texas and New Mexico. Photos You Should See View All 22 ImagesEndeavor is the largest private operator in the Permian Basin. Lower oil prices are good for U.S. drivers, as it means they'll pay less at gas pumps. Shareholders of Diamondback Energy Inc. will own about 60.5% of the combined company, while Endeavor’s equity holders would own approximately 39.5%.

Persons: Hess, Diamondback, Travis Stice, ” Stifel's Derrick Whitfield, ” Stice Organizations: Diamondback Energy, Endeavor Energy Resources, Southwestern United, Exxon Mobil, Mobil, Diamondback, Endeavor, Exxon, Chevron, Drillers, OPEC, U.S, International Energy Agency, Diamondback Energy Inc, Chesapeake Energy, Southwestern Energy, Occidental Locations: Southwestern United States, U.S, Texas, New Mexico, United States, Israel, Midland , Texas

☆ She arranged a date with a guy she met on a plane. When he didn’t show, she unexpectedly met her future husband
▼ + stars: | 2024-02-09 | by ( Francesca Street | ) edition.cnn.com time to read: +20 min

“I loved London,” Cristina tells CNN Travel today. Matt’s family was staying at Claridge’s, the historic, swanky five star hotel in Mayfair. Matt’s parents knew he was going on a spontaneous date. “And then they would never forward the mail.”Cristina’s idea of writing to Matt’s parents’ address was a good one. After years of working and living in Italy, Matt’s fluent in Italian.

Persons: she’d, Cristina Farina, Cristina, ”, “ Let’s, they’d, “, ” Cristina, Trafalgar Square’s, William Shakespeare’s “ Romeo, Juliet, London Here's Cristina, Matt, Matt Reinecke, Cristina gestured, he’d, Cristina couldn’t, Here's Matt, Cristina he’d, ‘, ’ ”, welling, you’ll, wouldn’t, Weeks, Claridge’s, Matt hadn’t, Read, Matt’s, Matt wasn’t, Florence Matt, Matt reckons they’d, ” Matt, Cristina’s, Davide, Francesca, Cristina Farina Matt, they’re, ” Here's Matt, Ludovica Barone, They’ve, – Organizations: CNN, Florence, Heathrow Airport, CNN Travel, Bond, Cristina’s Locations: London, Trafalgar, California, Claridge’s, Mayfair, Hyde, Italy, Europe, ”, Florence, Greece, San Francisco, Francisco, San Francisco’s, Prato , Tuscany, Thailand, Malaysia, Singapore, Indonesia, Australia, Milan, Turin, Tuscany, American, “, Italian

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