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☆ 'The Davos underground': A final take on the secretive parties of the world's rich and powerful
▼ + stars: | 2024-01-31 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +23 min

"That's when you get the good s---," said a Davos attendee who is regularly selected to join the exclusive backroom of the Annual Davos Wine Forum Tasting. Zoom In Icon Arrows pointing outwards JPMorgan took over the Kirchner Museum for its annual drinks event. Zoom In Icon Arrows pointing outwards The attire of the Davos set is decidedly not chic. Zoom In Icon Arrows pointing outwards The color of your conference badge determined access to World Economic Forum events. Zoom In Icon Arrows pointing outwards Skiing and snowboarding post panels and broadcasting was another favorite pastime of some Davos goers.

Persons: bankrolled, Vladimir Putin's, Putin, George Soros, Bill Browder, Anthony Scaramucci, Anthony, Scaramucci, queued, Latour, Donald Trump, —, Mark Milley, Matt Damon, Richard Branson, Andrea Bocelli, Chris Coons, Paul Ryan, bartenders, Champagne Perrier, Chateau Latour, L'Eglise, Burgundy Olivier Bernstein Bonnes, Domaine Comte Georges de Vogue, Tenuta, Casanova di Neri, Stephen King, Browder, Doug Emhoff, Gary Cohn, Ian Bremmer, Sir Martin Sorrell, Sting, Bill Gates, Sam Altman, Marc Benioff, Ray Dalio, Emhoff, Ernst Ludwig Kirchner, Brian Moynihan, IBM's Gary Cohn, Jack Hidary, Sir Richard Moore, Barry Colson, Davos goer, Moritz, Eve, CNBCers, Emmanuel Macron, John Kerry, Joe Short, roundtables, Wyclef Jean, Diane von Fürstenberg, George Osborne, David Rhodes, Osborne, Politico's Suzanne Lynch, Princess Beatrice, David Blaine, Milley —, Tij, CNBC Tij Organizations: Economic, CNBC, Congress Center, Russian, Russian Direct Investment Fund, Moonshot Investor Network, Putin, Hermitage Capital, SkyBridge, White House Communications, Chiefs, Bordeaux Smith Haut, Platz, Politico, IBM, AB InBev, White, Trump, Eurasia Group, Capital, Microsoft, Wall Street, Billionaire Microsoft, Light, Infosys, Bloomberg House, JPMorgan, Kirchner Museum, Financial, Hotel, CNBC CNBC, Bank of America, New, Davos, U.S . Climate, Accenture, Golf Club Davos, Palantir, Chancellor, Sky News's, Sting, Workers, Swiss Army, Army, Gliding Locations: Davos, Switzerland, Soviet, Ukraine, Moscow, Hungarian, Hermitage, Providence, Europe, Davos's, Bordeaux, Bordeaux Smith Haut Lafitte, Bello, Santa Cruz, Napa Valley Tuscany, Schatzalp, Scalettastrasse, Emirates, Halifax, Canada, Salt Lake City, U.S, Palantir, Swiss

☆ My daughter and I toured 9 colleges together. It was a great bonding experience that brought us closer together.
▼ + stars: | 2024-01-26 | by ( Andrew Flannery | ) www.businessinsider.com time to read: +5 min

Last year, my daughter and I took several trips to tour nine colleges. AdvertisementAfter viewing nine colleges together, I watched as my daughter came out of her shell. AdvertisementThe trips to colleges brought my daughter and me closer togetherAt each school, I bought a hat and my daughter bought a sweatshirt or T-shirt. Throughout it all, we found ourselves, already a tight father-daughter duo, getting closer because of the experience. Searching for a college can be nerve-racking, but we realized it could also be a fun bonding experience.

Persons: —, we'd, She'd, We'd Organizations: Service, University of Washington, University of Southern, USC, Claremont Colleges, University of California, UC San Diego, Santa Cruz, San Diego, Santa Locations: West Coast, Seattle, West, Los Angeles, University of Southern California, Santa Cruz, San Diego, Santa Monica, Santa Ana, California

☆ Pope Francis takes on vested interests to speak out on humanitarian crises
▼ + stars: | 2024-01-23 | by ( Analysis Christopher Lamb | ) edition.cnn.com time to read: +18 min

Pope Francis received an emotional welcome on the island during a visit showing solidarity with migrants fleeing war and poverty. ARIS MESSINIS/AFP/Getty Images Pope Francis confesses in St. Peter's Basilica during the Vatican's Penitential Celebration on Friday, March 4, 2016. Alessandro Di Meo/AP Pope Francis arrives for his visit with prisoners in Santa Cruz, Bolivia, on Friday, July 10, 2015. Franco Origlia/Getty Images Pope Francis and Ecumenical Patriarch Bartholomew I address the faithful in Istanbul on Sunday, November 30, 2014. Gokhan Tan/Getty Images Pope Francis speaks during the feast-day Mass while on a one-day trip to Italy's Calabria region in June 2014.

Persons: Pope Francis, Cardinal Michael Czerny, Francis, “, ”, Regina Coeli, Vincenzo Pinto, Juan Manuel Santos, Santos, Alessandra Tarantino, L'Osservatore Romano, VINCENZO PINTO, Simon Bar Sabbae, Pope, FILIPPO MONTEFORTE, Karekin, TIZIANA FABI, Giuseppe Ciccia, MAX, Pope Francis tries, Pope Benedict XVI, Alessandro Di Meo, Evo Morales, OSSERVATORE ROMANO, Vladimir Putin, Putin, Federico Lombardi, Lombardi, Gregorio Borgia, Getty Pope Francis, Raul Castro, Castro, GABRIEL BOUYS, ANDREAS SOLARO, Kurukkal SivaSri, Mahadeva, Pope Francis in, Eranga, Franco Origlia, Bartholomew I, Gokhan Tan, San Gregorio Magno, Queen Elizabeth II, Prince Philip , Duke of Edinburgh, Oli Scarff, Barack Obama, SAUL LOEB, Santa Sabina, Max ROSSI, Daniele De Sanctis, Pope Francis ', FABIO FRUSTACI, Benedict XVI, Benedict, L'OSSERVATORE ROMANO, Osservatore Romano Pope Francis, Vinicio Riva, Riva, CLAUDIO PERI, Rainbow Association Marco Iagulli Onlus, Fotografia, Father Don Renzo Zocca, Osservatore Romano, LUCA ZENNARO, Jorge Saenz, Dan Kitwood, Jesus, Internationalis Paulus VI, Argentine Cardinal Jorge Mario Bergoglio, Roman Catholic Church's, Peter Macdiarmid, Pope Francis Prev, it’s, He’s, Filippo Monteforte, Donald Trump’s, Czerny, Trump, Donald Trump, Melania, Evan Vucci, Reuters “, ” Cardinal Czerny, Cardinal Czerny, doesn’t, Francis ’, “ Jesus Organizations: CNN, Getty Images, Colombian, Revolutionary Armed Forces, International Catholic Rural Association, Vatican, AFP, Getty, Catholic Chaldean, St, Mercy, ARIS MESSINIS, MAX ROSSI, Getty Images Bolivian, Cuban, Sunday, Queen, getty, Rainbow Association, Renault, Catholic, Roman Catholic, Intelligence, Warner Bros, Discovery, “, Republican, Reuters Locations: St, AFP, Colombia, Rome, Tbilisi , Georgia, Auschwitz, Birkenau, Poland, Etchmiadzin, Yerevan, Armenia, Vatican City, Moria, Lesbos, Peter's, Mexican, Havana, Cuba, Mexico, Santa Cruz , Bolivia, South America, Ecuador, Paraguay, La Paz, Bolivia, Italian, Ukraine, Iraq, Syria, Havana and Washington, Vatican, Pope Francis in Colombo, Sri Lanka, Istanbul, Italy's Calabria, Jerusalem's Old City, Argentina, Roman Parish, San, Rome's, Santa, Brazil, Rio de Janeiro, Argentine, America, Gaza, Nove, Lampedusa, Italy, Ciampino, Czechoslovakia, Canada, United States, Africa

☆ The best islands in Europe for getting away from almost everyone
▼ + stars: | 2024-01-19 | by ( Terry Ward | ) edition.cnn.com time to read: +12 min

Here are some of the best islands in Europe for getting away from almost everyone:Schiermonnikoog, the NetherlandsThe Netherlands is better known for canals, dikes and tropical Dutch Caribbean Islands like Bonaire and Curaçao than the sandspun isles along the country’s North Sea coast. Flores Island, Azores, PortugalWaterfalls trickle down an imposing rock face on the island Flores in the Azores. aroxopt/Adobe StockOne of the most remote islands in an already remote archipelago, Flores Island in the westernmost stretches of the Azores is a nature lover’s dream. To say there’s room to stretch out and breathe on these Baltic Sea islands is an understatement. The best islands in Europe for getting away from almost everyoneHavsVidden offers a secluded escape on northern Fasta Åland with villas with their own saunas overlooking the rocky shoreline.

Persons: Annemarieke Romeijn, ”, Eyrún, Gabriela Silva, Flores, Rocha dos Bordões, Santa Cruz das Flores, Randi Skaug, “, Torunn Tronsvang, Richard Kellett, Luis Fonseca, iStockphoto, São João Baptista, Berlengas, Arlindo Serrao, Mola mola, Francesco Curione, Lent, Skyros, revelry, – it’s, Drake, Åland Organizations: CNN, Adobe, Heimaey, puffin, Norway Visitors, Intrepid, UNESCO, Visitors Locations: Europe, Ibiza, Netherlands, Caribbean, Bonaire, Curaçao, West Frisian, Wadden, Schier, Lauwersoog, Vestmannaeyjar, Iceland, Heimaey, Westman, Hotel Ranga, gannet, fulmar, Flores Island, Azores, Portugal, Flores, Santa Cruz, Naustholmen, Norway, Bodø, Northern Norway, Norwegian, Lofoten, ”, Tiree, Scotland, Hawaii, Scottish, Oban, Glasgow, Loganair, Berlengas, Peniche, São, Grande, Alicudi, Sicily, Italy, Taormina, Skyros, Greece, Mykonos, Rathlin, Northern Ireland, Ballycastle, Åland, Finland, Bothnia, Sweden

☆ 20 metro areas expected to see the fastest-appreciating real estate in 2024 and 5 most at risk of declining. Plus, what will happen to mortgage rates, according to a property data firm.
▼ + stars: | 2024-01-15 | by ( Laila Maidan | ) www.businessinsider.com time to read: +4 min

Tight inventory, combined with pent-up demand, kept prices in an uptrend last year despite 23-year-high mortgage rates, according to Selma Hepp, CoreLogic's chief economist. AdvertisementCooling mortgage rates and newly built homes will help bring more houses on the market but won't create enough inventory to outpace demand, wrote Hepp. She isn't expecting much change to mortgage rates but said that they will likely be slightly higher from January to February, in line with historical trends that precede the busy spring sales season. If inflation remains tamed and trending downward, and the Federal Reserve begins cutting rates as a response, declining mortgage rates would follow, she added in an email to Business Insider. Metro area Forecasted YOY % change Redding CA Metropolitan Statistical Area 7.30% Santa Maria-Santa Barbara CA Metropolitan Statistical Area 6.81% Bremerton-Silverdale WA Metropolitan Statistical Area 6.51% Coeur d'Alene ID Metropolitan Statistical Area 6.49% Fairbanks AK Metropolitan Statistical Area 6.38% Santa Rosa CA Metropolitan Statistical Area 6.37% Corvallis OR Metropolitan Statistical Area 6.36% Merced CA Metropolitan Statistical Area 6.32% Bend-Redmond OR Metropolitan Statistical Area 6.29% Mount Vernon-Anacortes WA Metropolitan Statistical Area 6.20% Grand Junction CO Metropolitan Statistical Area 6.09% Longview WA Metropolitan Statistical Area 6.07% Pocatello ID Metropolitan Statistical Area 6.00% Casper WY Metropolitan Statistical Area 5.99% Walla Walla WA Metropolitan Statistical Area 5.88% Lewiston ID-WA Metropolitan Statistical Area 5.87% Santa Cruz-Watsonville CA Metropolitan Statistical Area 5.81% Prescott AZ Metropolitan Statistical Area 5.70% Lakeland-Winter Haven FL Metropolitan Statistical Area 5.67% Kahului-Wailuku-Lahaina HI Metropolitan Statistical Area 5.63%The list below is CoreLogic's forecast for the five metro areas that are at the highest risk of price declines.

Persons: —, Selma Hepp, it's, Hepp, isn't Organizations: Service, Business, Federal Reserve, Redding, Santa Barbara, Metropolitan, Silverdale WA Metropolitan, Coeur, Fairbanks AK Metropolitan Statistical, Santa, Corvallis, Longview, Longview WA Metropolitan, Casper, Casper WY Metropolitan, Walla Walla WA Metropolitan, Lewiston, Prescott, Prescott AZ Metropolitan, Lakeland Locations: Metro, Maria, Santa, Bremerton, Silverdale WA, Coeur d'Alene, Santa Rosa, Merced CA, Redmond, Vernon, Anacortes WA, Longview WA, Pocatello, Casper WY, Walla Walla WA, Santa Cruz, Watsonville CA, Prescott AZ, Haven, Lahaina HI

☆ People are buying cheap, abandoned homes in Japan and living their dreams free of financial burden
▼ + stars: | 2024-01-14 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +5 min

Japan has more than 8 million abandoned homes, with no restrictions on foreign buyers. Homeownership in Japan isn't the same path to financial freedom as in other countries. AdvertisementTake Kurosawa spent summers in Japan as a kid, and always dreamed of owning property there. In January, Kurosawa and Stockermans launched Akiyamart , a website to help foreigners find and purchase abandoned homes in Japan. It's a money-maker that has worked in the US but isn't necessarily a surefire way to generate income in Japan.

Persons: —, Kurosawa, Joey Stockermans, Stockermans, It's, Eric McAskill, McAskill, Jaya Thursfield, Chihiro, Eric McAskill Anton Wormann, Bethany, Bitsii, Nakamura, homeownership, Bethany Nakamura, Jordan Pandy Organizations: Foreigners, Service, Survey, Business Locations: Japan, Homeownership, Beppu, Kyushu, Santa Cruz , California, Nova Scotia, Canada, Italy, Portugal, —, California, Bali, Nagano Prefecture, Jaya, Ibaraki Prefecture, London, America, jpandy@businessinsider.com

☆ Lawsuit Challenging University of California’s D.E.I. Statements Is Tossed
▼ + stars: | 2024-01-13 | by ( Vimal Patel | More About Vimal Patel | ) www.nytimes.com time to read: +3 min

Behind the LawsuitDiversity statements — also known as diversity, equity and inclusion, or D.E.I., statements — ask candidates seeking a faculty job or promotion to describe how they would contribute to campus diversity. In his lawsuit, John Haltigan, who has a Ph.D. in developmental psychology, said he would have applied to a position at U.C. The Pacific Legal Foundation, a libertarian group that filed the lawsuit for Dr. Haltigan, did not make him available for an interview. They also say the statements are another tool that the savvy can use to hit the right buzzwords, rewarding performative dishonesty. requirements for faculty hiring — or the system’s diversity and inclusion efforts more broadly — but it defangs for now what experts say was among the first legal challenges to these university statements.

Persons: —, John Haltigan, “, ”, Haltigan, ‘, ” Erwin Chemerinsky, Wilson Freeman Organizations: Pacific Legal Foundation, University of California, Berkeley, Chronicle, Higher Education, Universities Locations: U.C, Santa Cruz, North Dakota, Florida, Texas, Arizona

☆ The ultimate work perk? This company provides a free place to stay in Spain
▼ + stars: | 2023-11-23 | by ( Marylou Costa | Shalbha Sarda | ) www.cnbc.com time to read: +6 min

But employees of the Polish company PhotoAid needn't bother. The company, which helps travelers take their own passport photos at home, allows its employees to stay at an apartment in Spain for free — provided they work while they're there. Employees can stay up to three weeks at a time at the Tenerife apartment and can visit as many times as they like. How the 'workcations' workPhotoAid is a small company with a young workforce, so most employees don't have children, said Mlodzki. Source: PhotoAid

Persons: PhotoAid, Rafal Mlodzki, Mlodzki, Marcin, Tomasz Mlodzki —, —, Aleksandra Staromiejska, Staromiejska, Michel Jonca Organizations: Employees, CNBC Travel Locations: Spain, Tenerife, Canary Islands, Morocco, Warsaw, Tenerife's, Santa Cruz de Tenerife, vermouth, Workation, Macizo, Poland

☆ We moved from California to Texas and back to California after 4 years. Now we live in a mobile home park by the beach.
▼ + stars: | 2023-11-22 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +7 min

Dan Otis and Mary Collins moved from California to Texas in 2018 to be closer to family. Otis and Collins moved back to California after four years in Texas and now live in Santa Cruz, California. After four years in Texas, the couple moved back to California and now live in Santa Cruz. Mary moved to California when she was 20, so she's been a Californian longer than a New Yorker. Courtesy of Dan Otis and Mary CollinsBoth California and Texas have their pros and cons.

Persons: Dan Otis, Mary Collins, Otis, Collins, —, Dan, Mary, she's, Mary Collins Dan, Ted Cruz, I'm, it's, We've, we've, It's Organizations: Service, Democratic, Google Locations: California, Texas, Santa Cruz , California, Coarsegold , California, Rosenberg , Texas, Santa Cruz, Bay, Queens, New Yorker, Carmel , California, Lake Tahoe, Coarsegold, Houston, In Texas, Boston, New Mexico, Reno , Nevada, Nevada, Reno, Mary, Mary Collins Both California

SCOTTS VALLEY, Calif. (AP) — A 5-year-old California boy fatally stabbed his twin brother, authorities said. The twins were fighting Wednesday when one brother grabbed a small kitchen knife and stabbed his sibling in unincorporated Scotts Valley, according to the Santa Cruz County Sheriff’s Office. “We are heartbroken for the family of these two young children and share in their grief,” the sheriff's office wrote in a Facebook post on Thursday. Authorities said they do not plan to file criminal charges in the death. “California law dictates that age, criminal intent, and knowledge of wrongfulness are factors needed to charge a child with a crime,” the Facebook post stated.

Persons: “ Organizations: Santa, Santa Cruz County Sheriff’s Office, Authorities, Facebook Locations: SCOTTS, Calif, California, Scotts Valley, Santa Cruz County, “ California, Scotts, San Francisco

☆ In Argentina, Three Generations of a Peronist Family Weigh Their Vote
▼ + stars: | 2023-11-18 | by ( Nov. | At A.M. | ) www.usnews.com time to read: +7 min

The Cepernics remain a Peronist family, three generations of the clan told Reuters, but their support for the movement has faltered. "Maybe a few will vote for Peronism," she said from her home in the province of Santa Cruz. "I grew up in a Peronist family, and I'm planning to vote blank," Marcela, a retired school teacher, said from the ice cream parlor she now runs in El Chalten, a village in Santa Cruz province. He preferred not to disclose his planned vote, although he added, "I'd never vote for Milei in my life." When democracy was restored in 1983, everyone in the family supported the Peronist movement.

Persons: Lucinda Elliott, Horacio Cordoba RIO, Catalina Cepernic's, Jorge, Juan Domingo Peron, Catalina, Peronism, Peron, Peron's, Sergio Massa, Javier Milei, I'm, Marcela Cepernic, Catalina's, Massa, Marcela, he's, Juan Manuel Cepernic, Rio Gallegos, Cristina Fernandez de Kirchner, Nestor Kirchner, Juan Manuel, I'd, PERONISM, Jorge Cepernic, grandpa, Jorge's, Marcelo, Milei's, Victoria Villarruel, Horacio Cordoba, Adam Jourdan, Rosalba O'Brien Organizations: Horacio Cordoba RIO GALLEGOS, Peronist, Reuters, Economy, Peronism, Milei, Santa Cruz, Rio, Massa, Rio Gallegos Locations: Argentina, Argentina's, Patagonia, South America, Santa Cruz, Sunday's, Peronist, El Chalten, Santa Cruz province, Rio, Peronism, Buenos Aires

[1/3] Juan Manuel Cepernic and his father Marcelo pose for a photo at Marcelo's home, in Rio Gallegos, Argentina, November 14, 2023. The Cepernics remain a Peronist family, three generations of the clan told Reuters, but their support for the movement has faltered. "Maybe a few will vote for Peronism," she said from her home in the province of Santa Cruz. Jorge's son Marcelo ran as the Peronist candidate for city mayor of Rio Gallegos that year and won, serving until 1987. Reporting by Lucinda Elliott in Buenos Aires and Horacio Cordoba in Rio Gallegos; Editing by Adam Jourdan and Rosalba O'BrienOur Standards: The Thomson Reuters Trust Principles.

Persons: Juan Manuel Cepernic, Marcelo, Horacio Cordoba, Rights RIO, Catalina Cepernic's, Jorge, Juan Domingo Peron, Catalina, Peronism, Peron, Peron's, Sergio Massa, Javier Milei, I'm, Marcela Cepernic, Catalina's, Massa, Marcela, he's, Rio Gallegos, Cristina Fernandez de Kirchner, Nestor Kirchner, Juan Manuel, I'd, PERONISM, Jorge Cepernic, grandpa, Jorge's, Milei's, Victoria Villarruel, Lucinda Elliott, Adam Jourdan, Rosalba O'Brien Organizations: REUTERS, Rights, Peronist, Reuters, Economy, Peronism, Milei, Santa Cruz, Rio, Massa, Rio Gallegos, Thomson Locations: Rio Gallegos, Argentina, Argentina's, Patagonia, South America, Santa Cruz, Sunday's, Peronist, El Chalten, Santa Cruz province, Rio, Peronism, Buenos Aires

☆ Scientists discern internal structure of mysterious dwarf planet Eris
▼ + stars: | 2023-11-15 | by ( Will Dunham | ) www.reuters.com time to read: +4 min

An artist's concept of the dwarf planet Eris and its moon Dysnomia is seen in this undated illustration released by NASA. Most likely there is no liquid ocean inside Eris," Nimmo added. Eris has a diameter of about 1,445 miles (2,326 km), slightly smaller than Pluto's 1,473 miles (2,370 km). Because of its greater concentration of rock, which is denser than ice, Eris has about 25% more mass than Pluto. "Just like the Earth-moon system, tides on Eris slowly push Dysnomia away and slow down the spin of Eris.

Persons: Pluto, Eris, Francis Nimmo, Nimmo, Mike Brown, Dysnomia, " Nimmo, Brown, we've, Will Dunham, Rosalba O'Brien Organizations: NASA, JPL, Caltech, Handout, REUTERS Acquire, Rights, of California, Astronomical Union, Thomson Locations: of California Santa Cruz, Neptune

☆ Jeremy Lin: Basketball star revels in Taiwan homecoming with younger brother playing on same team
▼ + stars: | 2023-11-14 | by ( Andrew Mcnicol | ) edition.cnn.com time to read: +3 min

Hong Kong CNN —Former NBA sensation Jeremy Lin launched a “dream” 14th professional basketball season by playing alongside his younger brother last week in Taiwan, the island his parents left to emigrate to the United States. While playing for the Santa Cruz Warriors in the NBA G League amid the Covid-19 pandemic in 2021, Lin claimed he had been called “coronavirus” on court. By the end of the year, Lin had moved to the Chinese Basketball Association’s Beijing Ducks, and later the Guangzhou Loong Lions, in a chapter that was somewhat soured by the country’s strict pandemic regulations. Matt Beyer, co-founder and CEO of East Asia Super League and former agent for Chinese NBA trailblazer Yi Jianlian, said the impact of Lin’s presence in the region could not be underestimated. To have him now playing in the East Asia Super League is a huge draw for the fans.”

Persons: Hong Kong CNN —, Jeremy Lin, –, Joseph Lin, Lin, ”, Joseph, Matt Beyer, Yi Jianlian, ” Beyer, ‘ you’re Organizations: Hong Kong CNN, Hong Kong CNN — Former NBA, New, New Taipei City, South Korea’s SK Knights, Asian Super League, Fubon Braves, New York Knicks, NBA, Toronto Raptors, Santa Cruz Warriors, League, Asian, Basketball Association’s Beijing Ducks, Guangzhou Loong Lions, Taiwan’s Kaohsiung Steelers, East Asia Super League, Harvard, East Asia Super Locations: Hong Kong, Taiwan, United States, New Taipei, New Taipei Kings, Taiwan’s, California, Taipei, China

☆ Hyundai to hike US hourly wages 25% by 2028 after UAW deal
▼ + stars: | 2023-11-13 | by ( David Shepardson | ) www.reuters.com time to read: +2 min

The logo of Hyundai Motor Company is pictured at the New York International Auto Show, in Manhattan, New York City, U.S., April 13, 2022. Hyundai Motor Group also plans higher wages at its electric-vehicle factory in the U.S. state of Georgia that will open in 2025. Hyundai said that wages are being raised so that the company can "remain competitive and ... recruit and retain top talent." Honda's pay hike was announced after Toyota said it was raising the wages of its nonunion U.S. factory workers. UAW workers are now in the process of voting on whether to ratify those contracts.

Persons: Andrew Kelly, Santa Cruz, Honda, Joe Biden, unionize Tesla, David Shepardson, Matthew Lewis Organizations: Hyundai Motor, New York, REUTERS, Hyundai, United Auto Workers, Detroit Three automakers, Toyota, Honda, U.S, UAW, General Motors, Ford Motor, Chrysler, Detroit, Hyundai Motor Group, Illinois, Thomson Locations: Manhattan , New York City, U.S, KS, Alabama, Korean, U.S ., Georgia, Santa Fe , Tucson, Santa, Montgomery , Alabama, Washington, Bengaluru

☆ The history of the San José galleon, the 300-year-old sunken ship behind a $10 billion legal battle, known as the 'Holy Grail of Shipwrecks'
▼ + stars: | 2023-11-08 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +4 min

The San José galleon sank off the coast of Colombia in 1708 during a battle with British forces. Many of the treasures on board the San José were taken from Colombian and Peruvian mines using slave labor, Insider previously reported. ARMADA DE COLOMBIAIn 1708, the year the San José met its tragic fate, Spain was in the midst of the War of Spanish Succession. ARMADA DE COLOMBIAOn the night of June 8, 1708, British commander Charles Wager attacked the Spanish fleet near Cartagena, Colombia. By modern estimates, the San José may contain between $4 billion and $20 billion of riches, according to Bloomberg.

Persons: —, José, Spain's, King Philip of Anjou, Charles of Austria, Philip of Anjou, King Louis XIV, Philip, Charles Wager Organizations: British, Service, West Indies Fleet, Spanish, Expedition, Bloomberg Locations: San, Colombia, Colombian, San Jose, COLOMBIA, Spain, Spanish, France, Cartagena , Colombia, Santa Cruz, American, Bolivia

☆ California Boat Captain Convicted of Manslaughter in Fire That Killed 34
▼ + stars: | 2023-11-07 | by ( Mike Ives | More About Mike Ives | ) www.nytimes.com time to read: +1 min

The captain of a dive boat that caught fire off the coast of Southern California in 2019, killing all 33 passengers and one of its six crew members, was found guilty by a federal jury on Monday on one count of an offense known as “seaman’s manslaughter.”When the commercial scuba diving vessel, the Conception, caught fire in a harbor near Santa Cruz Island early on the morning of Sept. 2, 2019, all the passengers were sleeping below deck. Prosecutors say the captain, Jerry Nehl Boylan, successfully escaped, along with four members of the crew, without trying to help them. Mr. Boylan failed to carry out his duties as a ship officer in part by “failing to perform any lifesaving or firefighting activities whatsoever at the time of the fire, even though he was uninjured,” the United States Attorney’s Office for the Central District of California said in a news release on Monday that announced the conviction. A sentencing hearing is scheduled for February, the release said. Mr. Boylan could face up to 10 years in prison.

Persons: ”, Jerry Nehl Boylan, Boylan Organizations: Prosecutors, United States Attorney’s Office, Central, Central District of Locations: Southern California, Santa Cruz, United, Central District, Central District of California

This remote town is also where an alleged graft and money-laundering scheme related to the El Calafate hotels owned by the Kirchner family took place. In El Calafate, architect Walter Pieroni said some properties on the edge of the main commercial center could go days without water because of poor planning. In Santa Cruz, a province of some 333,000 people, fixing things was once the role of the Kirchners. Under the Kirchners, an airport was built in El Calafate, roads were paved to the glaciers, and plots of land were distributed to locals. "But they created a model that does not work and now our children have no future in this country," said Feldman, who has lived in El Calafate since 1987.

Persons: RIO, Alicia Kirchner, Kirchner, Javier Milei, Milei, " Kirchner, Nestor Kirchner, Cristina Fernandez de Kirchner, Fernandez de Kirchner, Alberto Fernandez, Patricia Bullrich, Sergio Massa, Santa Cruz, Brian Franco, Moreno, Franco, Eugenio Quiroga, El, Walter Pieroni, Weeks, Pieroni, Guillermo Carnevale, Peronist Fernandez, Mauricio Macri, Kirchnerism, Ana, Guerrero, hadn't, We've, Danny Feldman, Feldman, Lucinda Elliott, Adam Jourdan, Daniel Wallis Organizations: Peronist, Reuters, International Monetary Fund, El, Suppliers, Thomson Locations: Argentina, Rio Gallegos, Santa Cruz, Santa, China, Brazil, El Calafate, Spain, Germany, Buenos Aires

☆ Jewish ADL confirms that the NYU student who ripped down Israeli hostage posters worked for the organization as a summer intern
▼ + stars: | 2023-10-21 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +4 min

An NYU student filmed taking down posters of hostages was an intern for the Anti-Defamation League. AdvertisementAdvertisementAn NYU student who was caught on video tearing down posters of Israeli hostages previously interned with the Anti-Defamation League, a Jewish NGO that combats antisemitism and extremism, the organization confirmed. The woman, a junior at NYU, took accountability for the incident but attributed her actions to "misplaced anger," The New York Post reported. The student took to her Instagram account to apologize, where she detailed the challenges she faced as a biracial woman and claimed that that contributed to her frustration and anger. A spokesperson for the law school told Insider: "The Law School cannot comment on a confidential personnel matter."

Persons: —, Beth J Organizations: NYU, Defamation League, Tisch Hall, Service, New York Post, NYU's Tisch Hall, ADL, Muslim Youth Leadership, for Youth, College Hall, University of Pennsylvania, AP, Carey Law School, University of California Locations: Israel, Gaza, University of California Santa Cruz

☆ Rite Aid is closing nearly 100 stores as part of its bankruptcy. See the list
▼ + stars: | 2023-10-18 | by ( Parija Kavilanz | ) edition.cnn.com time to read: +6 min

New York CNN —Rite Aid, which had filed for Chapter 11 bankruptcy protection, is now preparing to shed almost 100 stores nationwide as part of its restructuring efforts. Over the past six years, Rite Aid has tallied nearly $3 billion in losses. in Costa Mesa, California139 North Grand Ave. in Covina, California20572 Homestead Road in Cupertino, California24829 Del Pradoin Dana Point, California7859 Firestone Blvd. in Yorba Linda, California25906 Newport Road in Menifee, California1600 North Main St. in Meridian, Idaho5808 Ritchie Hwy. in Mill Creek, Washington601 South Grady Way in Renton, Washington2707 Rainier Ave. in South Seattle, Washington– CNN’s David Goldman contributed to this story

Persons: Del, Dana, Glen, Ephraim Ave, Arnold St, Nicholas Ave, Reed, Washington – CNN’s David Goldman Organizations: New, New York CNN — Rite, Real Estate Partners, Rite Aid, Amazon, Walmart, Target, Costco, Aid, Solutions, SEC Alabama, Valley, Firestone, Alvarado St, Fulton, Yorba, Bel Air, Pulaski, Garfield, Main St, Clinton St, Michigan, Whittemore St, Hamilton St, Sunrise, Elmwood, New Carlisle , Ohio Euclid, Gettysburg, Medford, 9th St, Liberty, Eisenhower, Stevenson, 5th St, Reed St, Oxford, 63rd, Brighton, East Central, St, Evergreen, Grady Locations: New York, California, Maryland, Michigan, New Jersey, Ohio, Oregon, Pennsylvania, Washington, Alabama, Idaho, Pike, Monroeville , Alabama, Alhambra , California, Bellevue, Atwater , California, Costa Mesa , California, Covina , California, Cupertino , California, Dana Point , California, Downey , California, Irvine , California, La Mirada , California, Laguna Niguel , California, South Centinela, Los Angeles , California, Alvarado, Monterey , California, St, Ramona , California, Fulton Ave, Sacramento , California, Santa Cruz , California, Yorba Linda , California, Menifee , California, Main St, Meridian , Idaho, Baltimore , Maryland, Bel Air , Maryland, Elkton , Maryland, Glen Burnie , Maryland, Gratiot, Clinton Township , Michigan, Detroit , Michigan, Farmington Hills , Michigan, Fremont , Michigan, Clinton, Grand Ledge , Michigan, Jackson , Michigan, Macomb , Michigan, U.S, Manistee , Michigan, Redford , Michigan, Shelby Township , Michigan, St . Johns , Michigan, Centerville, Sturgis , Michigan, Taylor , Michigan, Wixom , Michigan, Berlin , New Hampshire Grove St, Peterborough , New Hampshire, Browns Mills , New Jersey, Camden , New Jersey, Lumberton , New Jersey, Bridgeton Pike, Mantua , New Jersey, Mullica Hill , New Jersey, Edinburg, Robbinsville , New Jersey, Hamilton, Somerset , New Jersey, Williamstown , New Jersey, Bay Shore , New York, Buffalo , New York, Copiague , New York, East Northport , New York, Floral, , New York, Jamaica , New York, Elmwood Ave, Kenmore , New York, Hempstead, Levittown , New York, Patchogue, Yaphank, Medford , New York, New York , New York, Port Jefferson , New York, Sayville , New York, Smithtown , New York, West Patchogue , New York, New Carlisle , Ohio, Strathmore, East Cleveland , Ohio, Dayton , Ohio, Cleveland , Ohio, Medford , Oregon, Cully, Portland , Oregon, 9th, Chester , Pennsylvania, Coraopolis , Pennsylvania, Erie , Pennsylvania, Greensburg , Pennsylvania, Hanover , Pennsylvania, New Castle , Pennsylvania, New Kensington , Pennsylvania, Pennsburg , Pennsylvania, 5th, Philadelphia , Pennsylvania, Venango St, 63rd St, Pottsville , Pennsylvania, Rochester , Pennsylvania, East Central Ave, Titusville , Pennsylvania, White Haven , Pennsylvania, Bellevue , Washington, Bellingham , Washington, Blaine , Washington, Covington , Washington, Everett , Washington, Lynnwood , Washington, Mill Creek, Renton , Washington, Rainier, South Seattle

☆ Rite Aid is planning to close about 150 locations. See if your local store is on the list.
▼ + stars: | 2023-10-17 | by ( Alex Bitter | ) www.businessinsider.com time to read: +9 min

Rite Aid filed plans to close 154 stores on Monday as part of its Chapter 11 bankruptcy. Rite Aid is the smallest of the three major drugstore chains, well behind CVS and Walgreens. Rite Aid was expected to close stores as part of its bankruptcy. Rite Aid told Insider that it considers a variety of factors when deciding to close a store, "including business strategy, lease and rent considerations, local business conditions and viability, and store performance." "We will also strive to transfer associates to other Rite Aid locations where possible," the company said.

Persons: —, Glen, Taylor, Daniel Webster, Merrick, William Penn, Redmond, Lacey Organizations: CVS, Walgreens, Service, Pennsylvania . Rite Aid, Wall Street Journal, Rite Aid, Rite, Crenshaw, Hollywood Way, San, Niguel, Yorba, Santa, Thompson Boulevard, Ventura, Atwater, Overland, Meridian, Main, Bel, Bel Air South, Park, Main Street, Lafayette, Garfield, Garden, Ford, Flint, Farmington, Whittemore Street, New Jersey :, Marshall, Bridgeton Pike, Whiting, Pike, Huntington, Jericho Turnpike, Jeff, North Street, Cesar, Chavez, Pennsylvania, Stevenson, Bethel, Union, Allentown, Fourth Street, Fifth, Washington Lane, Street, Central Avenue, Grady, Everett Locations: California, New York, Pennsylvania, Los Angeles, Rock, Centinela, Downey, Beach, Burbank, Hollywood Way Covina, Puente, Alhambra, Oceanside, San Diego, Yorba Linda, Santa Ana, Thompson, Thompson Boulevard Oxnard, Cupertino, Santa Clara, Cruz, Bellevue, Sacramento, Boulevard Ontario, Irvine, Monterey, Alvarado Street Connecticut, Bethel, Greenwood, Delaware, Newark, Hill, Wilmington, Idaho, Boise, Maryland, Elkton, Pulaski, Baltimore, Glen Burnie, Baltimore Annapolis Boulevard Massachusetts, Webster, Main Street Michigan, Fremont, Greenville, Clinton, Macomb, Sturgis, Centerville, Clinton Township, Gratiot, Shelby Township, Dyke, Jackson, Michigan, Manistee, Garden City, North, Detroit, Farmington Hills, St, Johns, Whittemore Street Lansing, Hampshire, Merrimack, New Jersey, New Jersey : West Milford, Mantua, Bridgeton, Irvington, Somerset, Williamstown, Pike New York, Brooklyn, Shore, Merrick, East Northport, Jericho, Jericho Turnpike Medford, Patchogue, West Patchogue, Kenmore, Rochester, Flushing, Levittown, Ohio, Massillon, East New Carlisle, Dayton, Youngstown, Springfield, North Street Bellefontaine, Oregon, Portland, Kensington, Brighton, Bethel Park, Pittsburgh, Greensburg, Bethlehem, Fourth Street Philadelphia, Venango, Washington, Conshohocken, Hanover, Mechanicsburg, Erie, Abington, York, Johnstown, Ardmore, Lancaster, Pittston, Wyoming, Yardley, Chester, Street Titusville, Central Avenue Virginia, Chesapeake, Pleasant, Seattle, Graham, Renton

Tiny but bountiful, Antarctic krill make up one of the planet’s largest biomasses, nourishing everything from fish to marine mammals and seabirds. At Steinberg’s lab, researchers are examining how warming oceans — Antarctic krill need water colder than 4 degrees Celsius (39 Fahrenheit) to survive — are altering krill’s life cycle. However, a leading marine biologist the industry once relied on to burnish its environmental credentials has since denounced krill fishing. She accepted with the hope that she could help mitigate the effects of krill fishing on the Antarctic ecosystem. Today, she believes that krill fishing should be banned.

Persons: “ What’s, ”, Alistair Allan, Bob, it’s, Santa Cruz, Deborah Steinberg’s, ” Steinberg, Emma Cavan, Steinberg, Claire Christian, “ It’s, aren’t, Dirk Welsford, Matts Johansen, ” Johansen, Kjell Inge Røkke, Brett Glencross, “, Jesse Trushenski, Trushenski, Johansen, William Harris, he’s, Javier Arata, Helena Herr, CCAMLR, Ari Friedlaender, ” Friedlaender, Peter Hammarstedt, JoNel, Helen Wieffering, Fu Ting Organizations: Bob Brown Foundation, Soviet Union, Associated Press, Shepherd, Walton Family Foundation, AP, University of California, Virginia Institute of Marine Science, World Wildlife Fund, Imperial College London, Commission, Conservation, Antarctic Marine Living Resources, Antarctic, Southern Ocean Coalition, U.S, United Nations, Antarctic Provider, Aker BioMarine, Aker, Aker ASA, National Institutes of Health, University of South, Association, Pew, University of Hamburg, Foods, Amazon, Wildlife Fund, LCA, Sea Shepherd, Washington , D.C Locations: Antarctica, Chilean, Alaska, U.S, Soviet, Russia, China, South America, Orkney, Norwegian, Santa, Cavan, Tasmania, It’s, Washington, Moscow, Beijing, Texas, Australian, Montevideo, Uruguay, dwarfing, Norway, American, Europe, Canada, Australia, Houston, Aker, Oslo, Brussels, Boise , Idaho, University of South Dakota, Salt Lake City , Utah, Santa Cruz, Virginia, Peruvian, Ski, Los Angeles, Washington ,, Investigative@ap.org

☆ Japanese American prisoner art depicts life in WWII detention camps
▼ + stars: | 2023-10-11 | by ( Jessie Yeung | Emiko Jozuka | ) edition.cnn.com time to read: +9 min

Courtesy Japanese American National MuseumThe detention of Japanese Americans, most of whom were US citizens, was enacted by Franklin Roosevelt via executive order following the attack on Pearl Harbor in 1941. Courtesy Japanese American National MuseumThe artworks, some of which are now showing at the Museum of Modern Art in Wakayama, Japan, also serve to preserve disappearing first-hand memories of the camps. Courtesy Japanese American National MuseumYang added that the collection’s diversity reflects the varied experiences of detainees — perspectives that were overlooked by US officials at the time. The detention of Japanese Americans, Emanuel said, was a “shameful” chapter in American history. Courtesy Japanese American National MuseumSome juggled their art with more pressing responsibilities — like Hibi, who single-handedly raised her two children after her husband’s death by working in a garment factory, all while painting and attending art classes.

Persons: ”, Rahm Emanuel —, Kango Takamura, Franklin Roosevelt, Robert T, Fujioka, “, Alice Yang, Yang, Hisako Hibi, Hibi, ” Yang, Miné, ’, …, Jerome, Fred Korematsu, Henry Sugimoto's, Jerome Camp, Emiko Jozuka, Henry Sugimoto, Douglas MacArthur, Emperor Hirohito, Japan’s, Rahm Emanuel, Emanuel, Tokio, Ann Burroughs, Sugimoto, Sugimoto’s, Henry Fukuhara Organizations: Japan CNN, National Museum, American National Museum, CNN, National, Museum of Modern, University of California, Jerome War, National Museum JANM Locations: Tokyo, Japan, United States, California's Owens, Wakayama, University of California Santa Cruz, California, Utah, Arkansas, Fresno, America

☆ Many of us want to work alongside others — just not all the time. The coworking startup Radious thinks it has the answer.
▼ + stars: | 2023-10-11 | by ( Tim Paradis | ) www.businessinsider.com time to read: +4 min

Moreau is CEO and cofounder of Radious, a startup that lets you rent out your house as a coworking space . She thinks many people want to work alongside others — just not all of the time. Companies can rent Radious homes, too, to bring their workers together somewhere other than an office but that's still private. They're all doing some combination of remote work with occasional in-person togetherness," Moreau said. When they occur, people can sign up to work for a day from one of the homes Radious lists.

Persons: Radious, —, Amina Moreau, Moreau, Amina Moreau She, Radious's, We've, It's Organizations: Area, Service, Homeowners Locations: RTO, PJs, Portland , Oregon, Milwaukee, People, WFH, Bay, Marin County, Santa Cruz, Northern California

JoeBen Bevirt is an evangelist for the new industry and the founder and CEO of Joby Aviation Inc., which delivered its first eVTOL to the Air Force last month. What will you learn from how the Air Force uses it? There will certainly be valuable learnings and the operational experience, the feedback from the Air Force pilots to the FAA flight-test pilots. Q. Joby announced in September that you’re going to build a $500 million production facility in Dayton, Ohio, with up to $325 million in state and local incentives. You’ve got Wright-Patterson Air Force Base, which is the home of the Air Force Research Laboratory and AFWERX (the Air Force’s technology-innovation program).

Persons: Bevirt, We’ve, Davis, that’s, we’ve, don’t, Joby, you’re, Wright, You’ve Organizations: Joby Aviation Inc, Air Force, Toyota, Associated Press, University of California, Joby Aviation, Federal Aviation Administration, FAA, NTSB, National Transportation Safety, Patterson Air Force Base, Air Force Research Laboratory, Boeing, Airbus Locations: Santa Cruz , California, California, Dayton , Ohio, Dayton, Ohio, Joby

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