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☆ Mexican cartel leader who faked his own death has been arrested in California, Justice Department says
▼ + stars: | 2024-11-21 | by ( Hannah Rabinowitz | ) edition.cnn.com time to read: +2 min

CNN —A high-ranking member of a Mexican drug cartel who allegedly faked his own death and has been living in California under a fake name is now facing federal charges, the US Justice Department announced Thursday. He also allegedly kidnapped two members of the Mexican Navy as part of an attempt to release his mother-in-law, El Mencho’s wife, after her arrest by Mexican authorities. El Mencho then allegedly helped Gutierrez-Ochoa fake his death to evade Mexican law enforcement by telling his associates that he had killed Gutierrez-Ochoa for lying. The Justice Department charged El Mencho in 2022 with leading the effort to manufacture and distribute fentanyl for importation into the US. He has not been arrested, and the State Department is offering a reward of up to $10 million for information leading to his arrest and/or conviction.

Persons: Cristian Fernando Gutierrez, Ochoa, El Mencho, Gutierrez, Lisa Monaco, El Organizations: CNN, US Justice Department, Jalisco Nueva Generación, —, Prosecutors, Mexican Navy, Justice Department, El, State Department Locations: Mexican, California, Jalisco, United States, Riverside, Mexico

☆ 5 in-demand jobs that can pay over $100,000 and don't require a bachelor's degree
▼ + stars: | 2024-11-21 | by ( Morgan Smith | ) www.cnbc.com time to read: +1 min

If you're looking for a career that pays well, doesn't require a bachelor's degree and offers strong job security, you might want to consider a job in the skilled trades. Close to a third (35%) of the fastest-growing jobs in the U.S. are in the skilled trades, with more than 1.5 million new jobs expected between now and 2032, according to the latest numbers from the Bureau of Labor Statistics. "As people continue to search for higher-paying jobs with low barriers to entry, blue-collar jobs have had a resurgence in interest — especially among Gen Z," he added. Though many blue-collar jobs don't require a four-year degree, most roles require certifications, licensing and, in some cases, extensive on-the-job training. Here are five in-demand jobs in the skilled trades that pay over $100,000 and don't require a bachelor's degree, according to data from Resume Genius and the Bureau of Labor Statistics:

Persons: Nathan Soto, Gen Organizations: McKinsey & Co, Labor, Bureau of Labor Statistics, CNBC Locations: U.S

☆ Investor who bought Kanye's Malibu home makes lowball offer for Diddy's 'Freak Off' mansion
▼ + stars: | 2024-11-21 | by ( Madeline Berg | Dan Latu | ) www.businessinsider.com time to read: +5 min

AdvertisementThere's been a $30 million offer on Sean Combs' Los Angeles mansion. The lowball offer comes from the same real estate investor who purchased Kanye West's Malibu house. AdvertisementThe mansion is in one of Los Angeles' richest neighborhoods, known for its proximity to Beverly Hills and large lots. Luxury real estate in Los Angeles is currently experiencing a major slump, Beverly Hills agent Rochelle Atlas Maize told BI. Maize, who was personally shopping for homes in Los Angeles at the time, said she wouldn't step foot near it.

Persons: Sean Combs, Sean, Diddy, Combs, Bo Belmont, Shou Zi Chew, Belmont, Rochelle Atlas, Belwood, starchitect Tadao Ando, Menendez, Ryan Murphy's, it's, It's Organizations: feds, Kanye, Belwood Investments, Business, Beverly, Rochelle Atlas Maize, Ryan Murphy's Netflix Locations: Los Angeles, Los, Singapore, Beverly Hills, Rochelle, Malibu, Beverly Flats

☆ Trump Recruits His Cast for Season 2 Straight From Television
▼ + stars: | 2024-11-21 | by ( Michael M. Grynbaum | ) www.nytimes.com time to read: +1 min

After an election where podcasts and influencers played an outsize role, conservatives were quick to declare that traditional media was dead. Turns out a lot of it is just moving into the West Wing. President-elect Donald J. Trump, whose rise was fueled by reality TV stardom, is once again turning to television to recruit the key cast members of his new administration. The latest was Dr. Mehmet Oz, the former syndicated TV host, who was picked by Mr. Trump on Tuesday to oversee Medicare and Medicaid. (His wife, Rachel Campos-Duffy, is Mr. Hegseth’s erstwhile “Fox & Friends” co-host.)

Persons: influencers, Donald J, Trump, Mehmet Oz, Pete Hegseth, “, ”, Sean Duffy, Rachel Campos, Duffy, Hegseth’s, Friends ” Organizations: Wing, Mr, “ Fox, Fox Business, Transportation Department, Friends

☆ Why Musicians Aren't Making Money: Streaming, Record Labels & TikTok
▼ + stars: | 2024-11-21 | by ( Callie Ahlgrim | ) www.businessinsider.com time to read: +19 min

Music has always been a business, but streaming, TikTok, inflation, and the ballooning costs of touring have dramatically altered a musician's traditional routes to making money. But a lot has changed since streaming usurped radio play as the kingmaker of a rising musician's career. Even the hitmakers who dominate your "For You" page are getting paid "almost nothing" from TikTok, as one music exec told Billboard. 1 song on TikTok doesn't mean anything in the grand scheme of things," Tinashe's longtime manager, Simonne Solitro, explains. "That's not just me," Violet tells me, "that's literally every single artist I know."

Persons: Raye, Conrad, She'd, Taylor, Taylor Swift, Stone, You've, there's, everybody's, Donald Passman, Kevin Baird, Chris Burnett, Chuck Berry, he'd, it's, —, TikTok, Ariana Grande, JC Olivera, Justin Ayers, Club's Baird, Tayla Parx, she's, Ariana Grande's, It's, Parx, that's, Muni, who's, Rihanna, Kelly Clarkson, Alexis, Long, I'd, Rachel Chinouriri, I've, Chinouriri, Sam Halliday, Alex Trimble, Katy Cummings, Derek Crownover, Loeb, he's, Crownover, Simonne, Tinashe, Tinashe's, Simonne Solitro, Solitro, Normani, aren't Taylor Swift, Jennifer Lopez, Bad Bunny, Shirlaine Forrest, Matt Jelonek, Tessa Violet, hasn't, That's, Violet, Solitro's, Tessa Violet's, Sarah Pardini, Halsey, Adele, Sophie Turner, Florence Pugh, Pugh, jostling Organizations: Spotify, Music, Northern, Cinema, BI, Apple Music, Billboard, Apple, YouTube, BMI, Suns, TaylaMade Inc, Fifth Harmony, Parlophone, Atlas Artists, Ticketmaster, Promoters, BI Social, Capitol Music, Capitol, Columbia, Chartmetric, DMs Locations: Manhattan, British, Northern Irish, TikTok, London, Los Angeles

☆ Bank of America raises Netflix price target to $1,000 on Tyson/Paul fight viewership
▼ + stars: | 2024-11-21 | by ( Sean Conlon | ) www.cnbc.com time to read: +2 min

Two catalysts may send shares of Netflix even higher in the months ahead, according to Bank of America. Analyst Jessica Reif Ehrlich reiterated her buy rating on Netflix and hiked her price target by $200 to $1,000, implying more than 13% upside from Wednesday's close. "Live and advertising are complementary growth drivers, as more live programming drives additional high value, premium ad inventory," Reif Ehrlich added. "Netflix's ability to monetize this premium live inventory will be key to making advertising a multi-year growth driver." Still, Netflix has an average price target of $787, implying about 11% downside from Wednesday's close.

Persons: Jessica Reif Ehrlich, Reif Ehrlich, Mike Tyson, Jake Paul –, Beyoncé –, ann Organizations: Netflix, Bank of America, Broadcasting

☆ SailGP signs Rolex as first title partner of its global sailing competition
▼ + stars: | 2024-11-21 | by ( Brandon Gomez | In Brandon-Gomez | ) www.cnbc.com time to read: +1 min

SailGP has signed Rolex as the first title partner of its global sailing competition. The self-described Formula 1 of sailing has signed Rolex as the first title partner of its elite sailboat racing competition. SailGP's series of events, which kicks off its 2025 season in Dubai on Saturday, will now be known as the "Rolex SailGP Championship." "Leading into our fifth season, SailGP is celebrating a period of remarkable growth," said league CEO Russell Coutts. SailGP's global championship features a dozen national teams from the U.S., Italy, Germany and others battling in identical high-tech, high-speed 50-foot foiling catamarans.

Persons: SailGP, Russell Coutts Organizations: Rolex Locations: Dubai, Swiss, U.S, Italy, Germany

☆ How illegal steroids actually work, according to a former smuggler
▼ + stars: | 2024-11-21 | by ( Kyle Desiderio | Nazar Risafi | ) www.businessinsider.com time to read: +1 min

Chet Sandhu is a former smuggler. He estimates that he trafficked over $50 million worth of illegal steroids. He was arrested during a smuggling run and sentenced to 4 ½ years in the Fontcalent correctional facility in Alicante, Spain, one of Europe's most infamous prisons. He highlights the harsh prison sentences imposed in some countries and advocates for steroid use to be handled as a medical issue. Since his release from prison, Sandhu has written two books, "From King of Karachi to Lockdown in the Costa Del Crime" and "Self-Made, Dues Paid."

Persons: Chet Sandhu, Sandhu Organizations: Lockdown, Costa Locations: Karachi, Pakistan, Netherlands, France, Spain, United Kingdom, Alicante, King

☆ Stocks making the biggest moves premarket: Snowflake, Nvidia, BJ's Wholesale and more
▼ + stars: | 2024-11-21 | by ( Sean Conlon | ) www.cnbc.com time to read: +2 min

Snowflake posted adjusted earnings of 20 cents per share on revenue of $942 million. Analysts surveyed by LSEG were looking for 15 cents in earnings per share on revenue of $897 million. Nvidia – Shares of the chipmaker fell around 1% despite its third-quarter earnings results topping Wall Street's expectations . BJ's Wholesale Club – The stock popped nearly 8% after the warehouse club reported a third-quarter earnings beat and raised its full-year guidance. BJ's also announced a plan to repurchase $1 billion shares and said it will raise its membership fee.

Persons: Snowflake, LSEG, – Stocks, bitcoin, Coinbase, Mara Holdings, Baidu, BJ's, Goldman Sachs, —, Sarah Min, Hakyung Kim, Michelle Fox Theobald Organizations: Palo Alto Networks, Nvidia –, –, Baidu, BJ's Wholesale Locations: Palo

☆ Bribery Charges Against Gautam Adani Strike at Heart of Modi’s India
▼ + stars: | 2024-11-21 | by ( Alex Travelli | ) www.nytimes.com time to read: +1 min

His conglomerate, Adani Group, builds and buys ports, factories and power plants, often under state contract or license. Mr. Adani’s business empire has become central to India during the rise of Narendra Modi, first elected as prime minister in 2014. As Mr. Modi brought India to the center of the world stage, he brought Mr. Adani in tow. Today, Mr. Adani’s flagship company is worth about 10 times more than it was at the start of the Covid-19 pandemic. On Wednesday, the U.S. government charged Mr. Adani, one of the world’s richest people, with multiple counts of fraud.

Persons: Gautam Adani, Narendra Modi, Modi, Adani Organizations: Adani, Wall Locations: India, U.S

☆ Diddy argues that Abercrombie & Fitch's ex-CEO is out on bail on serial sex-trafficking charges — so he should be, too
▼ + stars: | 2024-11-21 | by ( Laura Italiano | ) www.businessinsider.com time to read: +6 min

AdvertisementSean "Diddy" Combs is making his third application for bail in his Manhattan sex-trafficking case. Jeffries is free on bail on serial sex trafficking charges, so Combs should be too, his lawyers say. Federal prosecutors allege that for decades, both men used their wealth and the power of their brands to coerce victims into participating in drug-fueled sex parties. AdvertisementComparisons of Jeffries and Combs are promising to be a prominent part of bail arguments scheduled for Friday in Manhattan. AdvertisementProsecutors are fighting Combs' bail offer, which includes a $50 million bond collateralized by his Miami mansion, plus home confinement with round-the-clock monitoring.

Persons: Sean, Diddy, Combs, Michael Jeffries, Jeffries, Arun Subramanian, Christy Slavik, Marc Agnifilo, Slavik, Agnifilo Organizations: Abercrombie, Fitch, Prosecutors, Mr, Hyatt, Advertisement Defense, US, Office Locations: Manhattan, New York, Miami, Midtown Manhattan, Hyatt New York, Brooklyn, Los Angeles

☆ A startup making spy drones being used in Ukraine got a funding injection from NATO
▼ + stars: | 2024-11-21 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +3 min

A dronemaking startup whose equipment is being used by the Ukrainian military got a cash injection from NATO. AdvertisementThe company has said its equipment is being used in Ukraine though not which of its models were sent. Drones are used for surveillance, to carry light supplies, for targeting assistance, and as weapons. AdvertisementThe battlefield features drones from around the world, spanning cheap consumer drones, high-end military hardware, and improvised systems. A new £60 million package of military support from the UK-administered International Fund for Ukraine will provide advanced new surveillance drones to support 🇺🇦's Armed Forces.

Persons: Ukraine —, tim e Organizations: NATO, NATO's Innovation, UK Ministry of Defence, Fund Locations: Ukraine, Ukrainian, Portuguese

☆ CNBC Daily Open: Is Nvidia its own worst enemy?
▼ + stars: | 2024-11-21 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

Akio Kon | Bloomberg | 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. Investors are likely zooming in on the rate at which Nvidia is growing its numbers, compared with its past performance, not just whether it's surpassing expectations. The same goes for Nvidia's forward guidance: A growth of around 70% for current-quarter sales, compared with a year earlier. It appears that investors have enjoyed Nvidia's astounding performance for so long they've become desensitized to it.

Persons: Jensen Huang, Akio Kon, LSEG, University's, Leswing, Samantha Subin, Brian Evans Organizations: Nvidia Corp, Nvidia, Summit Japan, Bloomberg, Getty, CNBC, Investors, University's Stern School of Business Locations: Tokyo, Japan, New

☆ 73% of workers worry Social Security won't be able to pay retirement benefits. Here's what advisors say
▼ + stars: | 2024-11-21 | by ( Lorie Konish | ) www.cnbc.com time to read: +1 min

Most Americans are concerned about what may happen to Social Security when its retirement trust fund crosses a projected 2033 depletion date, according to a new Bankrate survey. Nearly three-quarters, 73%, of non-retired adults and 71% retired adults say they worry they won't receive their benefits if the trust fund runs out. That includes 81% of working baby boomers and 82% of Gen Xers who are worried they may not receive their benefits at retirement age if the trust fund is depleted. Social Security relies on trust funds to supplement its monthly benefit payments that currently reach more than 72.5 million beneficiaries, including Supplemental Security Income beneficiaries. Social Security's actuaries project the fund the program relies on to pay retirement benefits will be depleted in 2033.

Persons: Gen Xers, someone's, Mark Hamrick, Trump, Zers Organizations: Security, Bankrate, Finance, Social, actuaries Locations: millennials

☆ Meet 16 startups taking AI innovation to the next level with Twilio
▼ + stars: | 2024-11-21 | by ( Sponsored Twilio | ) www.businessinsider.com time to read: +8 min

These honorees showcase how AI-powered solutions married with Twilio can solve business challenges and revolutionize customer interactions across diverse industries and regions. AlpharunAlpharunAlpharun is an AI phone interview platform that accelerates screening for high-volume hiring teams by integrating Twilio's messaging, voice, IVR, and SIP Trunking. By integrating products like SMS, Voice, IVR, and 2FA, they ensure seamless, secure, multi-channel support that moves beyond static chatbots. Utilizing Twilio's SIP Trunking, IVR, and Voice APIs, their conversational AI encourages screenings. GoodCall boosts productivity and streamlines customer interactions, using Twilio's SMS, Voice, IVR, Email, and security tools to enhance multi-channel communication and reliability.

Persons: Twilio, Alice, Jordan, Alpharun, Althea, Althea Health Althea Health, Elythea, GAIL LULA, GAIL, Olivia, Storii, Symbl.ai Organizations: Trunking, Althea Health, Voice, Inc, Financial Services, meiti, GmbH, SMS, Insider Studios Locations: North America, America

☆ Meet the man making money for Tucker Carlson, Megyn Kelly, and Bari Weiss
▼ + stars: | 2024-11-21 | by ( Peter Kafka | ) www.businessinsider.com time to read: +10 min

AdvertisementIt used to be that leaving Fox News or other big media outlets was the end of your career. Ask two former Fox hosts, Tucker Carlson and Megyn Kelly, or Bari Weiss, an ex-New York Times editor. People like the former Fox News stars Tucker Carlson and Megyn Kelly, and the former New York Times writer and editor Bari Weiss. At the time, it seemed like we would see more people doing what he did — leaving mainstream media, going to digital, and building an audience there. Unless you're Tucker Carlson.

Persons: Tucker Carlson, Megyn Kelly, Bari Weiss, Chris Balfe, we've, Glenn Beck, TheBlaze, Carlson, Kelly, Weiss, Balfe, Beck, Donald Trump, he's, Fox —, Mike Tyson, Jake Paul, we're, Tucker, Joe Rogan, —, He's, Vladimir Putin, Tucker Carlson's, They're, They've, it's Organizations: Fox News, Fox, New York Times, Red, Big Media, Glenn Beck Fox, YouTube, Facebook Locations: TheBlaze, Fox

☆ Gap shares surge as it raises guidance, touts 'strong start' to holiday
▼ + stars: | 2024-11-21 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +4 min

As soon as the weather turned around, sales "rebounded" and the holiday shopping season is off to a "strong start" so far, said Dickson. The brand has seen four straight quarters of positive comparable sales and is benefiting from better marketing and product, the company said. Banana Republic: The trendy workwear line grew sales 2% to $469 million while comparable sales fell 1%, a bit worse than the 0.8% drop that StreetAccount had expected. Athleta: The athleisure arm of Gap's empire grew sales by 4% to $290 million while comparable sales were up 5%. In the year-ago period, comparable sales were down 19% at Athleta.

Persons: Richard Dickson, Dickson, We've, he's, StreetAccount, Alo Yoga, Chris Blakeslee Organizations: Old Navy, Fulton, Hurricanes, Navy, LSEG, CNBC Locations: Downtown Brooklyn, New York City, Banana Republic, StreetAccount ., Athleta

☆ Opinion | Don’t Do Trump’s Work for Him on Mass Deportations
▼ + stars: | 2024-11-21 | by ( Dara Lind | ) www.nytimes.com time to read: +1 min

Donald Trump’s team has construed his victory as a mandate for carrying out what it has described as mass deportations. The constraints on a mass deportation operation are logistical more than legal. So the question is not whether mass deportation will happen. It’s how big Mr. Trump and his administration will go, and how quickly. How far are they willing to bend or break the rules to make their numbers?

Persons: Donald Trump’s, Trump, Stephen Miller, Tom Homan, Trump’s Organizations: Department of Homeland Security

☆ BJ’s Wholesale Club membership fees are going up for the first time in 7 years
▼ + stars: | 2024-11-21 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +1 min

New York CNN —BJ’s Wholesale Club is hiking the price of its annual membership fee for the first time since 2018. The warehouse store chain, a smaller rival to Costco and Sam’s Club, announced Thursday that the cost will increase by $5 to $60 per year for its basic plan. Annual fees have been one of the biggest profit-generating areas for BJ’s, helping it offset expenses to keep its prices down. Meanwhile, Sam’s Club last raised its fees in 2022. The company has fewer stores than its major competitors, and its locations are a little smaller, though BJ’s carries a wider variety of items.

Persons: BJ’s, ’ Organizations: New, New York CNN, BJ’s Wholesale, Costco, Sam’s Club, Sam’s Locations: New York, Westborough , Massachusetts, East Coast, Michigan

☆ South Korea says K-pop stars aren't classed as workers and don't get labor rights
▼ + stars: | 2024-11-21 | by ( Hannah Abraham | ) www.businessinsider.com time to read: +3 min

It said that member Hanni was not legally classified as a worker under her contract. South Korea's government on Wednesday dismissed a workplace harassment case involving K-pop star Hanni, saying the singer was not legally classified as a worker. The push and pull between what counts as work in South Korea's entertainment industry has stretched on for years. The Ministry's ruling on South Korea's musician rights is similar to the situation in the US. Representatives for HYBE and the South Korean Labor Ministry did not immediately respond to a request for comment from BI.

Persons: Hanni, Hybe, HANNI, Cho Dae Won, Dae Won, NewJeans, Calvin Klein Organizations: Wednesday, South Korea's National Assembly, Ministry, Employment, Labor, Act, Korea Herald, Nike, Forbes, NME, LA Times, National Labor Relations, Representatives, HYBE, South Korean Labor Ministry Locations: Korea, South, South Korea's, North Korea, Forbes Korea

☆ Dell pays $2.3 million to settle claims that it overcharged the US Army for computers
▼ + stars: | 2024-11-21 | by ( Polly Thompson | ) www.businessinsider.com time to read: +4 min

AdvertisementDell has agreed to pay $2.3 million to settle claims that it violated the False Claims Act. Dell and reseller Iron Bow overcharged the US Army for computers over four years, the DOJ said. Dell has agreed to pay $2.3 million to resolve allegations it violated the False Claims Act in its business with the US Army. Iron Bow has agreed to pay just over $2 million to settle the claims, bringing the combined settlement to $4.3 million. Iron Bow did not respond to a request for comment from Business Insider, made outside normal working hours.

Persons: Dell, Bow, Brent Lillard, Brandon Bell, Brian M, Boynton, Prim, Escalona, Donald Trump, Elon Musk, Vivek Ramaswamy, Ramaswamy Organizations: Dell, US Army, DOJ, The, Justice, Army, Army Desktop, Mobile Computing, Government, Justice Department's Civil, Northern, Northern District of, Elon, " Department of Government, Business Locations: Texas, Bow, United States, Northern District, Northern District of Alabama

☆ FBI seizes websites that North Koreans allegedly used to impersonate American companies
▼ + stars: | 2024-11-21 | by ( Sean Lyngaas | ) edition.cnn.com time to read: +3 min

SentinelOne researchers traced the front companies to a larger set of organizations based in China. One American entrepreneur told CNN that, according to the FBI, his company had unwittingly sent tens of thousands of dollars to the North Korean government. It’s not the first time that researchers have traced North Korean IT worker operations to northeast China. CNN reported in April on a North Korean computer server that contained illustrations that appeared to have been produced for US animation studios. Logs from the North Korean computer server showed multiple visits from internet connections in northeast China.

Persons: Biden, Trump, ” Tom Hegel, Hegel, Dakota Cary, It’s Organizations: CNN, FBI, North Korean, US, Court, Massachusetts, cyberattacks, White, Korean, North Locations: SentinelOne, China, Korea, American, Arizona, Pyongyang, Liaoning, North Korea, Korean, North Korean

☆ OpenAI CEO Sam Altman was paid $76,001 last year
▼ + stars: | 2024-11-21 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +3 min

Its CEO, however, was paid a relatively modest five figures at OpenAI in 2023, filings show. OpenAI CEO Sam Altman was paid $76,001 in compensation in 2023 to lead what's now one of the most valuable startups in the world, the company's tax filings for the year showed. During a hearing before a senate judiciary subcommittee in May 2023, Altman said he gets "paid enough for health insurance" and that he receives no equity in OpenAI. Bloomberg estimated in March 2024 that the CEO is worth at least $2 billion, not including any stake he may have in OpenAI. Altman denied during an all-hands meeting with employees that there were plans for him to receive a "giant euqity stake," CNBC reported.

Persons: Sam Altman, what's, Altman, Ilya Sutskever, Chris Clark, Sutskever, Clark, OpenAI Organizations: Microsoft, Census Bureau, Social Security Administration, Bloomberg, CNBC Locations: OpenAI, San Francisco County

☆ McDonald's is bringing back cheap fast food with its McValue menu
▼ + stars: | 2024-11-21 | by ( Nora Redmond | ) www.businessinsider.com time to read: +2 min

AdvertisementMcDonald's is launching a new value menu to attract budget-conscious customers in the US. The chain has raised prices in recent years in response to inflation, putting off some customers. McDonald's is preparing to launch its new value menu in the US to win back cash-strapped shoppers. The chain has touted this new menu in recent earnings calls, saying it plans to roll it out in Q1 next year. But McDonald's is investing $100 million to regain trust, per a memo sent to employees seen by CNN.

Persons: McDonald's Organizations: Bloomberg, US Centers for Disease Control, CNN

☆ Phillips 66 Is Accused of Violating the Clean Water Act
▼ + stars: | 2024-11-21 | by ( Cade Metz | More About Cade Metz | ) www.nytimes.com time to read: +1 min

A federal grand jury on Wednesday indicted Phillips 66 on charges of violating the Clean Water Act by dumping nearly 800,000 gallons of contaminated wastewater into the Los Angeles County sewer system and failing to report the incident to authorities. The Houston-based oil company was charged with releasing wastewater that contained excessive amounts of oil and grease from a refinery in Carson, Calif., in 2020 and 2021, the Justice Department said Thursday. “Protecting our environment is key to protecting our community,” Martin Estrada, the U.S. attorney for the Central District of California, said in a statement. “Just like the rest of us, corporations have a duty to follow the law, so when companies contaminate, they must be held accountable.”The Justice Department charged Phillips 66 with two counts of negligently violating the Clean Water Act and four counts of knowingly violating the act. The company faces up to five years of probation on each count and a maximum of $2.4 million in fines.

Persons: Phillips, ” Martin Estrada, “ Organizations: Justice Department, Central, Central District of Locations: Angeles, Houston, Carson , Calif, U.S, Central District, Central District of California

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