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☆ A return to the roots of presidential debates
▼ + stars: | 2024-06-24 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +10 min

CNN —CNN’s presidential debate will feel like something new for most Americans, but it is actually a return to the roots of presidential debates. J. David Ake/AFP/Getty Images Monica Moorehead, a presidential candidate from the Workers World Party, disrupts a presidential debate in Washington, DC, in 1996. Gerald Herbert/AP Barack Obama, right, and John McCain shake hands at the start of a presidential debate in 2008. Joseph Kaczmarek/AP Obama hugs his wife, Michelle, as Romney kisses his wife, Ann, after their third presidential debate in 2012. Ultimately, the commission was formed to create a nonpartisan framework for presidential debates – something that has been exported to other countries.

Persons: CNN —, Joe Biden, Donald Trump, Jake Tapper, Dana Bash, Sen, John F, Kennedy, Richard Nixon, Nixon, Howard K, Smith, Jimmy Carter, Gerald Ford, Carter, Jerry Mosey, Betty, David Hume Kennerly, John B, Ronald Reagan, Anderson, AP Carter, Reagan, Walter Mondale, George H.W, Bush, Michael Dukakis, Dennis Cook, Ross Perot, Bill Clinton, Clinton, Ron Edmonds, AP Clinton, Bob Dole, J, David Ake, Monica Moorehead, Joe Marquette, Mark Penn, Lorenzo Alvarez, Angelica, George W, Al Gore, Joe Raedle, Jim Lehrer, Gore, John Kerry, Gerald Herbert, Barack Obama, John McCain, Charles Dharapak, Obama, Mary Jackson's, Mitt Romney, Joseph Kaczmarek, Michelle, Romney, Ann, David Goldman, Hillary Clinton, Patrick Semansky, Salwan Georges, Biden, Chip Somodevilla, Alan Schroeder, ” Kennedy, Schroeder, “, Ford, John Anderson, sidestep, Trump, ” Schroeder, Abraham Lincoln, Stephen Douglas, Douglas, Read, haven’t, “ They’re, ” Organizations: CNN, Commission, CNN’s Atlanta, CBS, Getty, State University of New, Ford, Anderson, Cleveland Convention Center, AP, Music, Bettmann, Bushnell, Theater, Workers World Party, AP Workers, Hofstra University, AP Trump, Washington Post, Trump, Northeastern University, House, Republican, Republican National Convention, Biden, Lincoln, White, Illinois Senate, ABC News Locations: Los Angeles, New York, State University of New York, Albany, Cleveland, Hartford , Connecticut, Washington , DC, San Diego, El Paso , Texas, Hempstead , New York, Detroit, Soviet Union, Eastern Europe, Lincoln, Illinois

☆ Meet Lokiceratops, the rock star cousin of Triceratops
▼ + stars: | 2024-06-22 | by ( Ashley Strickland | ) edition.cnn.com time to read: +7 min

Editor’s note: A version of this story appeared in CNN’s Wonder Theory science newsletter. The Triceratops fossil emerged first as it eroded from the rock of the Hell Creek Formation in 2006. Across the universeAn artist's illustration shows a supermassive black hole as it wakes up at the center of a faraway galaxy. M. Kornmesser/ESOAstronomers are watching a supermassive black hole awakening in the middle of a distant galaxy for the first time. Sign up here to receive in your inbox the next edition of Wonder Theory, brought to you by CNN Space and Science writers Ashley Strickland and Katie Hunt.

Persons: dino, rex, Mark Eatman, ”, Eatman, Sergey Krasovskiy, Lokiceratops rangiformis, Lokiceratops, Butch Wilmore, Suni Williams, won’t, Stephen Hawking, Robert Erwan Fordyce, Benjamin Kear, Martin Bernetti, Fernando Trujillo, Ashley Strickland, Katie Hunt Organizations: CNN, North Carolina Museum of Natural Sciences, NASA, International Space Station, Boeing, ESO, University of Otago, Southern Hemisphere, Uppsala University’s Museum, Evolution, Getty, CNN Space, Science Locations: what’s, Montana, Raleigh, what's, Maribo, Denmark, British, New Zealand, Pangea, Uppsala, Sweden, Nui, Chile, AFP, Easter, Rapa, Colombian

☆ The surprise election that could be a model for Democrats in 2024
▼ + stars: | 2024-06-22 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +14 min

I talked to Samuel Freedman, a Columbia Journalism School professor, about his recent book about Humphrey and the 1948 Democratic convention in Philadelphia. The book’s title, “Into the Bright Sunshine,” is taken from a line in Humphrey’s rousing speech on civil rights. In 1968, the Democratic Party was operating under old rules in which primary voters actually had relatively little direct effect on delegates. When Strom Thurmond and the Dixiecrats bolted from the Democratic Party in 1948, that’s the beginning of the vast majority of the White South becoming Republicans, stepping away from the Democratic Party. Show me a major Republican politician in the MAGA movement who is a fervent supporter of civil rights legislation.

Persons: Joe Biden, Hubert Humphrey, Republican Richard Nixon, Humphrey, uninspiring, Harry Truman, Thomas Dewey, Samuel Freedman, Freedman, Biden, Truman WOLF, Donald Trump, FREEDMAN, Truman, – Henry Wallace, Strom Thurmond, Jill Stein, Minneapolis Hubert H, Lyndon, George McGovern, FDR hadn’t, Brown, Ed, WOLF, there’s, Martin Luther King, It’s, Lyndon Johnson, Bobby Kennedy, Eugene McCarthy, I’m, Nixon, Spiro Agnew, Byron Donalds, Abraham Lincoln, Adlai, Stevenson, Barry Goldwater, Nixon’s, Ronald, Reagan’s, Willie Horton, Jim Crow, MAGA, Mitt Romney’s, George Romney, William Scranton, Edward Brooke, that’s Organizations: CNN —, House, Republican, Minneapolis, Columbia Journalism School, Democratic, Democratic Party, Civil Rights Movement, RFK Jr, Democratic National Convention, Civil, Chicago, CNN, Civil Rights, Southern Democrats, South Carolina Democrat, Republicans, South, JFK, Trump, Republican Party –, LBJ, Southern, Republican Party, Michigan Gov, Pennsylvania Gov, NAACP Locations: Israel, Chicago, Vietnam, New York, Philadelphia, America, ‘, Harlem, Minneapolis, Alabama, Southern, Montgomery, ’, Florida, Lincoln, Massachusetts

☆ Where Parisians Escape to for Secret Beaches and Oyster Cabanas
▼ + stars: | 2024-06-21 | by ( Kate Maxwell | ) www.nytimes.com time to read: +1 min

T’s monthly travel series, Flocking To, highlights places you might already have on your wish list, sharing tips from frequent visitors and locals alike. Sign up here to find us in your inbox once a month, and to receive our weekly T List newsletter. A sandy, 15-mile spit that reaches across Arcachon Bay like a protective arm, Lège-Cap Ferret, on France’s western coast, is that country’s answer to New York’s Montauk, albeit dialed back a decade or two. Hotels are of the charming rather than luxury variety, while bicycles, vintage Citroëns and Mini Mokes outnumber Range Rovers and sports cars. And oyster cabanes, offering shellfish (an estimated 60 percent of the oysters consumed in France derive from the Arcachon Bay), white wine and not much else, serve as the local canteens.

Persons: Ferret, Cap Ferrat, Philippe Starck, ”, Guillaume Canet, Marion Cotillard Organizations: Rovers Locations: tlist@nytimes.com, Arcachon, Paris, Bordeaux, France

☆ CNBC Daily Open: S&P 500 crosses 5,500 level before erasing gains
▼ + stars: | 2024-06-21 | by ( Abid Ali | ) www.cnbc.com time to read: 1 min

Traders work on the floor of the New York Stock Exchange during morning trading on Feb. 29, 2024. Michael M. Santiago | Getty ImagesThis report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. What you need to know todayGet the CNBC Daily Open report in your inbox every morning and keep up to date with the markets wherever you are. SubscribeThe bottom line

Persons: Michael M Organizations: New York Stock Exchange, Santiago, CNBC

☆ Amazon is trying to eliminate plastic that doesn't get recycled. It's actually making some progress.
▼ + stars: | 2024-06-20 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +4 min

Nearly all Amazon deliveries in North America no longer include plastic air pillows, the e-commerce giant said on TK [date] Thursday . Amazon said the change will avoid some 15 billion air pillows — the company's largest reduction in plastic packaging to date. Plastic air pillows are made with a film that's commonly found littering marine areas. It's enough to circle the Earth more than 200 times in the form of air pillows, Oceana said. Amazon's plastic packaging data reflects orders shipped through its own fulfillment centers — which some independent sellers opt for — and through its grocery business.

Persons: Amazon, Matt Littlejohn, Oceana's, Oceana, Pat Linder, That's, Linder Organizations: Service, TK, Business, Oceana Locations: North America, Europe, Oceana, Cleveland

☆ How my family of 4 spent $10,000 on a Caribbean cruise — and what we'll cut next time even though we had a blast
▼ + stars: | 2024-06-20 | by ( Jill Robbins | ) www.businessinsider.com time to read: +5 min

Read previewMy family of four – my husband, two teens, and myself – sailed on the Disney Fantasy this spring. Perhaps surprisingly, this is on par with the higher end of what a family can expect to spend on a seven-night Caribbean cruise: about $270 to $2,600 a person. I don't regret our WiFi or bingo budgetsWe bought an intermediate WiFi package for $490 and spent $152 on bingo. We don't usually spend money on WiFi while cruising, but decided to get a package since this was a longer sailing. We usually play at least one round of bingo and usually don't win much, but my kids enjoy it, and it's something we do as a family.

Persons: —, –, Jill Robbins, we'd, there's, We've Organizations: Service, Disney, Business, Disney Cruise Locations: Port Canaveral , Florida, Orlando ., Grand Cayman, Falmouth, Jamaica, Cozumel, Mexico, Disney's, Cay, Castaway

☆ India wants to be a developed nation by 2047. Here are 4 critical areas Modi can't ignore
▼ + stars: | 2024-06-20 | by ( Charmaine Jacob | In Charmainemariajacob | ) www.cnbc.com time to read: +7 min

India has undergone a massive infrastructure push and has made significant strides in connecting and modernizing its highways, railways and airports. He's going to double down on that," said Samir Kapadia, CEO of India Index and managing principal at Vogel Group. "Along with creating physical infrastructure, India needs to remain steadfast on the structural reforms ... Increase foreign investmentsFrom veteran emerging markets investor Mark Mobius to global strategist David Roche, market experts remain bullish on India. Foreign direct investments into the country needs to however pick up pace to further drive economic growth and development, analysts told CNBC.

Persons: Vikram Singh, Narendra Modi, Modi, Reema Bhattacharya, Verisk, Modi's, he's, Samir Kapadia, Nirmala Sitharaman, Santanu Sengupta, Goldman Sachs, Sengupta, Richard Rossow, Kapadia, Sumedha Gupta, Vivek Prasad, Prasad, Mark Mobius, David Roche Organizations: Bharatiya Janata Party, BJP, Infrastructure, India Index, Vogel Group, Nurphoto, CNBC, Center for Strategic, International Studies, Padget Electronics, Dixon Technologies, Bloomberg, Getty, Research, India Electronics, Semiconductor Association, Economist Intelligence Unit, Centre, Monitoring, National Stock Exchange of, World Federation of Exchanges Locations: India, Asia, China, Mumbai, Noida, PwC India, National Stock Exchange of India

☆ Two climate protesters spray Stonehenge with orange paint and call for an end to burning fossil fuels
▼ + stars: | 2024-06-19 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +1 min

Two climate protesters were arrested for spraying orange powder paint on Stonehenge. The protesters were part of Just Stop Oil, a group demanding that the UK phase out fossil fuels. English Heritage, which manages Stonehenge, criticized the vandalism but said the site is open. Sign up for our newsletter to get the latest on the culture & business of sustainability — delivered weekly to your inbox. Just Stop Oil is demanding that the incoming UK government commit to ending the extraction and burning of oil, gas, and coal by 2030.

Organizations: Service, Business Locations: Wiltshire, England

☆ Boeing’s CEO is going to coast into retirement, having never been held to account for the mess he made
▼ + stars: | 2024-06-19 | by ( Allison Morrow | ) edition.cnn.com time to read: +5 min

New York CNN —For all the mistakes and safety problems Boeing has managed under CEO Dave Calhoun’s watch — resulting in a dozen corporate whistleblowers, multiple groundings and a chunk of a plane’s fuselage literally blowing off in midair — virtually no one has held him to account. But when pressed on taking personal responsibility, Calhoun deflected, over and over. “I am proud of every action we have taken,” Calhoun said when pressed by Hawley on how he could possibly be proud of Boeing’s safety culture. “I don’t think the problem’s with the employees, actually, I think the problem’s with you. It’s the C-suite, it’s the management, it’s what you’ve done to this company,” Hawley said.

Persons: CNN Business ’, Dave Calhoun’s, lavishing, Calhoun, Republican Sen, Josh Hawley, Boeing’s machinists, hasn’t, “, ” Calhoun, Hawley, ” Hawley, they’re, Democratic Sen, Richard Blumenthal didn’t, you’ve, ” Blumenthal, “ I’m, ” Richard Aboulafia, Chris Isidore, ” Aboulafia, ” Organizations: CNN Business, New York CNN, Boeing, Airbus, Republican, Democratic, ”, Federal Aviation Administration, Department, Consultancy Locations: New York

☆ CNBC Daily Open: Nvidia unseats Microsoft as world's most valuable company
▼ + stars: | 2024-06-19 | by ( Abid Ali | ) www.cnbc.com time to read: +5 min

CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. The shift presents challenges for tech-focused ETFs and could affect their holdings of heavyweights like Nvidia , Microsoft , and Apple . Markets are pricing in at least two rate cuts this year, while Fed officials have indicated only one rate cut is likely. Nvidia takes the crown Nvidia on Tuesday surpassed Microsoft to become the world's most valuable public company with a market cap of $3.34 trillion. Federal Reserve Governor Adriana Kugler signaled the likelihood of a rate cut later this year.

Persons: Dave Calhoun, Josh Hawley, Calhoun, Hawley, Paul Ashworth, Susan Collins, Collins, Adriana Kugler, " Kugler, Jeff Cox, Cox, Claudia Sahm, —, Kif Leswing, Bob Pisani, Leslie Josephs, Alex Harring, Samantha Subin, Spencer Kimball, Yun Li, Lim Hui Jie Organizations: New York Stock Exchange, CNBC, Nvidia, Microsoft, Apple, Federal Reserve, Fed, Boeing, Federal, North, Capital Economics, Boston Federal, Peterson Institute for International Economics Locations: New York City, U.S, North America, Boston, Lawrence , Massachusetts, Washington

☆ CNBC Daily Open: Boeing's reckoning
▼ + stars: | 2024-06-18 | by ( Abid Ali | ) www.cnbc.com time to read: 1 min

In this article BA Follow your favorite stocks CREATE FREE ACCOUNTTraders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Feb.12, 2024. Brendan Mcdermid | ReutersThis report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. What you need to know todayGet the CNBC Daily Open report in your inbox every morning and keep up to date with the markets wherever you are. SubscribeThe bottom line

Persons: Brendan Mcdermid Organizations: New York Stock Exchange, Reuters, CNBC Locations: New York City, U.S

☆ Analysis: Biden’s immigration whiplash, from tough talk to empathy in 2 weeks
▼ + stars: | 2024-06-18 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +6 min

Obama enacted DACA; Trump tried to end itThe DACA policy was enacted after bipartisan, comprehensive immigration reform efforts failed for the umpteenth time. Nearly 600,000 people have sought protected status under the program, which defers but does not necessarily end any immigration action against them. The Trump administration tried to end the DACA program in 2017, but the effort eventually failed at the Supreme Court in 2020. Instead, Trump hit pause on new applications, something the Biden administration then reversed. The much more modest bipartisan effort pushed by Biden earlier this year would not have helped the undocumented spouses of citizens and their children.

Persons: Joe Biden, Donald Trump’s playbook, Biden’s, –, Biden, Trump, Michael Williams, Read Williams, “ I’m, ” Chad Wolf, Adriano Espaillat, CNN’s Brianna Keilar, ”, ” Espaillat, Obama, DACA, Ruth Bader Ginsburg, Amy Coney Barrett, John Roberts Organizations: CNN, White, American Civil Liberties Union, Department of Homeland Security, New York Democrat, Supreme, Trump Locations: United States, Texas

☆ Trump’s former top strategist pushes the 2024 election as a ‘victory or death!’ war
▼ + stars: | 2024-06-18 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +7 min

“Is this a political war to the knife?”I was not familiar with that term – “war to the knife” – but Bannon also recently used it in an interview with ex-Fox News host Tucker Carlson. Ousted from White House role in 2017Bannon’s tenure in Trump’s White House was relatively short; he was fired in August 2017, part of a major reorganization under then-chief of staff John Kelly, who was brought in to control a chaotic atmosphere. As chief strategist at the White House, Bannon was known for large whiteboards full of lists of priorities – things that still ring true in the priorities he outlined over the weekend. Courts, Congress and mismanagement kept Bannon and Trump from achieving many of these goals in Trump’s first term. Anticipating the potential for a second Trump term, there are any number of supporters who are mapping out how to make the most of it.

Persons: Steve Bannon, Donald Trump’s, Bannon, ”, Tucker Carlson, “, Trump, Read, Kristen Holmes, Alayna Treene, John Kelly, Kelly, Trump’s, ” Bannon, Joe Biden’s, General Merrick Garland, Gestapo … there’s, MAGA, Peter Bergen, Bergen, Trump ” –, Roger Stone, Rudy Giuliani, John Eastman, Alex Jones Organizations: CNN, FBI, Fox News, Sovereign, of Congress, Democrats, White, Trump’s, Trump –, Trump, of Justice, DOJ, Gestapo, Federal Reserve, Heritage Foundation, State Department, Heritage Locations: Detroit, Kansas, Atchison, White, Ukraine, Trump’s, State

☆ Gen Z wants jobs that help solve the climate crisis but has no idea how to get them
▼ + stars: | 2024-06-18 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +3 min

Gen Z is considered the most climate-conscious generation, with nearly two-thirds saying they want a "green" job within the next five years. And while the skills shortage is most acute among Gen Z, it is part of a broader trend across the labor market. AdvertisementSome 63% of Gen Z workers said the top barrier was a lack of available opportunities. "The data tells us that Gen Z has that in spades," Bycer said, noting that two-thirds of Gen Z said they were interested in training programs. "If you think the universe of climate jobs have sustainability in the title or are at a climate tech company, that's a limited view," Bycer said. "

Persons: Z, Gen, Efrem Bycer, Bycer, Gen Z, Joe Biden Organizations: Service, Business, LinkedIn, United, American Climate Corps, Corps Locations: Europe, Brazil, United Arab Emirates

☆ AI e-commerce startup Constructor lands $25 million Series B led by Sapphire Ventures without actively fundraising. See the deck it used.
▼ + stars: | 2024-06-17 | by ( Madeline Stone | ) www.businessinsider.com time to read: +2 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Finkelshteyn, who is Constructor's CEO and cofounder, said he told Dham he didn't have a formal pitch deck prepared. I was never much good at pitching investors and hadn't done it in years, so figured I'd probably get some good practice and some good feedback," Finkelshteyn told Business Insider. Sapphire led Constructor's $25 million Series B, which also included participation from existing investor Silversmith Capital Partners. E-commerce companies use Constructor's tech to serve customers search results based on their browsing history.

Persons: —, Eli Finkelshteyn wasn't, Rajeev Dham, Finkelshteyn, Dham, I'd, Sapphire, we've, there's Organizations: Service, Sapphire Ventures, Business, Capital Partners

☆ A couple got shocked messages from friends asking if they were moving. Nope, a scammer had put their home on Zillow.
▼ + stars: | 2024-06-16 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +5 min

In this sluggish real estate market, it might seem like a dream — that is, if you're actually looking to sell. In 2023, the Federal Bureau of Investigation's Internet Crime Complaint Center saw more than 880,000 complaints about internet scams totaling $12.5 billion in losses. AdvertisementReal estate scams are an especially popular internet crime. In Caldwell's case, too, a scammer told prospective buyers to contact "Mandi" in Las Vegas and send $245 to the seller's mother. Advertisement"I'm kind of stuck here," Bertram told the Kansas City Star.

Persons: —, Lauren Bertram, we're, Bertram, Burns, McDonnell, Jordan Pandy, Galen Caldwell, It's Organizations: Service, Kansas City, Business, Kansas City Star, Mandi, Federal Bureau of, FBI, BEC, Federal Bureau of Investigation, Seattle, CBS News Locations: Las Vegas, Mandi

☆ I rejected a job at Google — but then got laid off by Amazon. I don't regret my decisions.
▼ + stars: | 2024-06-15 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +6 min

AdvertisementFlood of supportIt was obviously disappointing and really shocking — I'd been excited about the Coinbase job. AdvertisementAlthough I had another offer on the table, I accepted the Amazon job. It felt like a safer choice because it was a Big Tech company — and I already knew the team. I was interested in entrepreneurship after having experienced big tech and trying out these jobs inspired me to start building my own venture. My immediate reaction for several months was disillusion with the with Big Tech, but now I feel positive about my experiences.

Persons: —, Matan Gans, cryptocurrency, they'd, Slack, I'd, I've Organizations: Service, Brown University, Google, Business, Amazon Web Services, Big Tech, LinkedIn, Amazon Locations: Coinbase, Boston, California, Seattle, East, West Coast, Providence , Rhode Island, East Coast ., Amazon

☆ An unexpected generational realignment is scrambling the 2024 election
▼ + stars: | 2024-06-15 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +4 min

CNN —A truism of American politics is that older voters prefer the Republican and younger voters prefer the Democrat. In 2012, Republican Mitt Romney lost the election, but he did better than Democrat Barack Obama among voters 45 and older. Older voters are gravitating to Biden, and younger voters are taking a look at Trump. But older voters have gone in the opposite direction, and instead of favoring Trump, are nearly split in the Marist poll. Despite the shift of older voters in the direction of Biden (and younger voters away from him), I was surprised to see older voters still have reservations about Biden’s age.

Persons: Democrat Joe Biden, Republican Donald Trump, —, Trump, Hillary Clinton, Clinton, Republican Mitt Romney, Barack Obama, haven’t, George H.W, Bush, Michael Dukakis, Al Gore, Republican George W, gravitating, Biden, “ Joe isn’t, ”, Jill Biden, CNN’s Jeff Zeleny, Eric Bradner, Bradner, Linda Van, “, I’d, Ronald Brownstein Organizations: CNN, Democrat, Republican, Electoral, Voters, Trump, Marist, Quinnipiac University, New York Times, Siena College Locations: Pennsylvania, Wisconsin, Michigan, ”

☆ Ernest Shackleton’s Quest shipwreck has finally been found
▼ + stars: | 2024-06-15 | by ( Ashley Strickland | ) edition.cnn.com time to read: +6 min

Editor’s note: A version of this story appeared in CNN’s Wonder Theory science newsletter. Polar explorer Sir Ernest Shackleton and his crew of 27 men set off aboard the HMS Endurance in 1914. A search expedition found the HMS Endurance wreck in 2022, and now, another part of Shackleton’s legacy has been recovered. Central Press/Hulton Archive/Getty ImagesAn international team of experts using sonar has located the exploration ship Quest, once captained by Shackleton, off the coast of Canada. — A botanist spotted a tiny plant species new to science growing in an unlikely place on the slopes of the Andes.

Persons: Sir Ernest Shackleton, Shackleton, Freeman Dyson, Dyson, George Wittemyer, ”, Mickey Pardo, ritualistically, Chichén Itzá, “, Adomas Valantinas, Ashley Strickland, Katie Hunt Organizations: CNN, HMS, Quest, Central Press, Hulton, Cornell University, Olympus, ESA, Brown University, NASA, CNN Space, Science Locations: Antarctica, South Georgia, Canada, Kenya, Chichén, Yucatán, Everest, England, Australia

☆ Wells Fargo fired a dozen people accused of faking keyboard strokes
▼ + stars: | 2024-06-14 | by ( Allison Morrow | ) edition.cnn.com time to read: +3 min

See here: Wells Fargo this week disclosed that it had fired more than a dozen employees for “simulation of keyboard activity,” Bloomberg reported, citing filings to the Financial Industry Regulatory Authority. In other words, they were faking work, perhaps with the kind of mouse jiggler that you can buy online for $20. At any rate, some bankers over at Wells Fargo seem to have gotten caught last month. “And that’s a symptom of a much larger problem.”In Wells Fargo’s case, managerial mistrust would be understandable, given the bank’s history. Since then, Wells has been trying to reform its own internal culture while trying to repair its brand.

Persons: CNN Business ’, Wells, ”, —, “, haven’t, ” Ashley Herd, Banks, ” Herd Organizations: CNN Business, New York CNN, ” Bloomberg, Financial Industry, Authority, Wells Fargo Locations: New York, Wells

☆ The hottest temperature recorded in every state
▼ + stars: | 2024-06-14 | by ( Erin Mcdowell | Mykenna Maniece | ) www.businessinsider.com time to read: +1 min

Global temperatures continue to increase, with 2023 recording the warmest numbers on record. The hottest temperature recorded in US history was 134 degrees Fahrenheit in California in 1913. Sign up for our newsletter to get the latest on the culture & business of sustainability — delivered weekly to your inbox. download the app Email address Sign up By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our Terms of Service and Privacy PolicyAdvertisementThe hottest temperatures recorded in the US were in the summer of 2023, but many of the highest recorded temperatures in each state happened decades ago. According to the official climate government website, Earth's temperature has risen by an average of 0.11 degrees Fahrenheit per decade, and 2023 was the warmest year since global records began in 1850.

Organizations: Service, Business Locations: Oregon , Utah, Washington, California

☆ Extreme heat is already ruining summer travel — and it's only going to get worse
▼ + stars: | 2024-06-14 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +1 min

Tourists are in for another summer of sweltering heat and extreme weather. Greek authorities closed the Acropolis this week amid scorching mid-day temperatures. Sign up for our newsletter to get the latest on the culture & business of sustainability — delivered weekly to your inbox. Record-breaking temperatures and extreme weather events around the globe in recent days portend the promise of another blistering summer, even as the post-pandemic surge in travel continues to climb. Greek authorities closed the Acropolis in Athens on Wednesday and Thursday during a sweltering mid-day heat wave.

Persons: — Organizations: Associated Press, Business Locations: Athens, Greece

☆ Investing in Space: Virgin Galactic enters spaceflight hiatus after retiring Unity
▼ + stars: | 2024-06-13 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +3 min

Virgin Galactic founder Sir Richard Branson, far left, and CEO Michael Colglazier, far right, stand with the crew of the Galactic 07 mission. But Virgin Galactic needs a great suborbital spaceship. But it's a far cry from the forecast Virgin Galactic sold investors on – more than 3,000 "cumulative passengers flown" by 2023 – when it went public five years ago. But that leaves a hiatus before the first Delta spacecraft debuts, with the key target of a first commercial flight in 2026. As a reminder, human spacecraft development is often years delayed, and Virgin Galactic has in the past been no exception: Virgin Galactic was supposed to begin spaceflights in 2010, but didn't until 2018.

Persons: Sir Richard Branson, Michael Colglazier, CNBC's Michael Sheetz, Galactic's, Colglazier, That's, Virgin Organizations: Virgin Galactic, VSS Unity, Galactic, Unity, VSS Imagine, VSS Inspire, VSS, Delta

☆ Housing costs are clouding an otherwise glowing economy
▼ + stars: | 2024-06-13 | by ( Allison Morrow | ) edition.cnn.com time to read: +5 min

Despite all the good news, there’s one giant, inescapable reason why people don’t feel like the economy is as good as it actually is. Shelter costs — which include rent and an estimated cost of homeownership — were up 5.4% from a year ago. There are some early signs that the housing market is becoming a bit less stuck. At the same time, the one-two punch of inflation and high borrowing costs have discouraged first-time buyers, reducing competition for houses. Of course, as Powell noted in his speech Wednesday, it may take “years” for housing inflation to normalize.

Persons: CNN Business ’, We’re, supercore, doesn’t, —, “, ”, Jay Parsons, Jerome Powell, It’s, Orphe Divounguy, Zillow, ” Divounguy, Powell, There’s, Douglas Duncan, Fannie Mae Organizations: CNN Business, New York CNN, “ Locations: New York, Madera, Texas

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