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☆ These are the 10 most affordable US cities to live in with mortgage rates near multi-decade highs, according to Bank of America
▼ + stars: | 2023-09-20 | by ( James Faris | ) www.businessinsider.com time to read: +3 min

Mortgage rates are at their highest levels since the early 2000s after slipping late last year, while home price growth has ticked back up this summer after steadily falling from its pandemic peak. Mortgage rates are near multi-decade highs right now. Many people are bailing on big, pricey citiesBut not all US cities are equally affected by lofty mortgage rates and elevated property prices. 10 highly affordable US citiesProspective property owners priced out of costly cities and squeezed by historically high mortgage rates may want to look at homes in the most affordable US markets. Below are the 10 US markets with the highest affordability values as of the most recent data, according to Bank of America and the National Association of Realtors.

Persons: Freddie Mac, BofA Organizations: Federal Reserve, Bank of America, National Association of Realtors ., Denver, The Sunshine, National Association of Realtors, NAR Locations: San Jose , Los Angeles, Anaheim, National Association of Realtors . Florida, Colorado, Miami, Naples, Boulder, Angeles, New York, San Francisco, Seattle, Jacksonville , Florida, Columbus , Ohio, Austin , Texas, San Antonio , Texas, Tampa , Florida, Orlando , Florida

☆ Carbon accounting startup Plan A just raised $27 million in a round led by Lightspeed Venture Partners with this 11-slide pitch deck
▼ + stars: | 2023-09-19 | by ( Tasmin Lockwood | ) www.businessinsider.com time to read: +3 min

Carbon accounting startup Plan A has just secured $27 million in a round led by Californian tech investor Lightspeed Venture Partners. Berlin-based Plan A, founded in 2017, is one of many startups helping big companies measure and manage their carbon emissions. Carbon accounting companies raised $5 billion at the sector's 2021 peak, per PitchBook, as venture capitalists and large asset managers piled into the buzzy category. One way Plan A differentiates itself is its steady pace, cofounder and CEO Lubomila Jordanova told Insider. Operating in a hype market can be tricky because it deflates the value of carbon accounting in the long term, she said.

Persons: Lubomila Jordanova, Jordanova Organizations: Lightspeed Venture Partners, Visa, Deutsche Bank, Opera Tech Ventures, BNP, BMW, BMW Group, Greenhouse, TÜV Rheinland Locations: Berlin, Europe, France, Scandinavia, Paris, London

☆ Gavin Newsom says Kamala Harris is 'absolutely' the best running mate for Biden, calling the Democratic ticket a 'master class in terms of performance'
▼ + stars: | 2023-09-19 | by ( John L. Dorman | ) www.businessinsider.com time to read: +4 min

Gavin Newsom on Monday praised Kamala Harris as "absolutely" the best running mate for Biden. The outspoken California governor is widely seen as a future Democratic presidential contender. Gavin Newsom on Monday gave a full-throated endorsement of the Democratic presidential ticket, arguing that Vice President Kamala Harris was "absolutely" the best running mate for President Joe Biden next year. When asked by CNN's Dana Bash whether Harris was the "best person to be on the ticket" with the president, Newsom was unequivocal in his support for his fellow Californian. "Biden-Harris administration, master class in terms of performance — bipartisan deals on infrastructure, bipartisan deals on guns and debt ceiling, on the CHIPS and Science Act."

Persons: Gavin Newsom, Kamala Harris, Biden, Newsom, Joe Biden, CNN's Dana Bash, Harris, she'd, —, who's Organizations: CNN, Democratic, Service, San Francisco, The Associated Press, NORC, for Public Affairs Research, Associated Press, Fox News Locations: California, Wall, Silicon, San, San Francisco

☆ Business group standards aim to help firms account for nature-related risks
▼ + stars: | 2023-09-18 | by ( Isla Binnie | ) www.reuters.com time to read: +2 min

"Some companies have told us their estimations of their nature risk are larger than their climate risks." The guidelines aim to get companies to report their nature risks in ways that mirror their financial and economic reporting that for decades have been part of regular corporate operations. Both the climate and nature frameworks urge companies to choose appropriate indicators to measure, monitor and report their risks. Climate and nature-related risks are often closely connected, Goldner said. The 14 recommendations launched on Monday include describing nature-related risks and opportunities to business models, and explaining management's role in assessing and handling them.

Persons: Jack Bertenthal, Loren Elliott, Tony Goldner, Goldner, Isla Binnie, Timothy Gardner Organizations: Tahoe Community College, Research, REUTERS, Bank, KPMG, BlackRock, HSBC, Tata Steel, United Nations, Thomson Locations: Blodgett, Georgetown , California, U.S

☆ The winner of the $2 billion Powerball jackpot in February has spent the last few months buying up California real estate
▼ + stars: | 2023-09-18 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +3 min

The winner of a record-breaking $2 billion Powerball jackpot has gone on a real-estate-buying spree. Edwin Castro, 31, secured the winning $2.04 billion ticket at a gas station in Altadena, near Los Angeles, in November last year. This meant that Castro ended up with about $628.5 million in cash after federal taxes, according to USA Today. DailyMail.com reported that Castro has also been spotted driving a vintage Porsche, likely another of his post-jackpot purchases. AdvertisementAdvertisementAfter his property investments, which total about $76 million, Castro still retains a substantial portion of his winnings.

Persons: Edwin Castro, Fortune, Castro, DailyMail.com Organizations: Bel Air, Service, USA, New York, Porsche, Guardian Locations: Hollywood Hills, Altadena, Wall, Silicon, Los Angeles, Bel, Hollywood

☆ 3 former Californians share why they decided to chase the American dream in Texas
▼ + stars: | 2023-09-17 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +8 min

Having spent seven years in the costly city, Cheng couldn't ignore the profound effect its high living expenses were having on his finances. In 2021, almost 108,000 people migrated from California to Texas, according to an analysis of the most recent Census data. AdvertisementAdvertisementAs COVID-19 shut down the city, Cheng felt as if he and his wife's hard-earned money was being squandered. Courtesy of Jackie Burse"I chose the area because it's more affordable to live here as a single woman," Burse told Insider. While living in California, Burse had become increasingly concerned about parental rights and policy makers "overstepping boundaries."

Persons: Pengyu Cheng, Cheng couldn't, Cheng isn't, Thompson, Cheng, Austin, Jackie Burse, Burse, I've, I'm, Michael Sullivan, Rosa, Sullivan, Michael, Rosa's Organizations: Golden, Service, San, Bay Area, Apple, Texans, Republican, Sullivans, Corpus Christi Locations: California, Texas, Golden State, San Francisco, Bay, Valley, Redfin . Texas, Pengyu, Austin, Orange County, San Antonio , Texas, In California, San Antonio, Madera , California, Kingsville , Texas, Madera, Fresno, Kingsville, Corpus

☆ SoftBank’s reduced Arm price tag is still too high
▼ + stars: | 2023-09-05 | by ( Liam Proud | ) www.reuters.com time to read: +7 min

The lesson for SoftBank and Arm is clear: chip investors are laser-focused on medium-term operating profit, not just revenue. Reuters GraphicsThere are three key moving parts to Arm’s valuation. Under SoftBank, Arm’s operating margin has dropped to around 25%, from roughly 40% in 2015 – a consequence of Son’s preference for heavy investments in research. If Arm nabbed the same multiple, its enterprise value would be $33 billion, using the above growth and operating margin. To mimic and sustain Nvidia-esque growth, Arm CEO Rene Haas would have to keep ramping up investments in engineers and sales teams, which would weigh on margins.

Persons: SoftBank, Masayoshi Son, Bernstein, they’ll, Rene Haas, SoftBank’s, it’s, George Hay, Katrina Hamlin, Oliver Taslic Organizations: Reuters, SoftBank, Nvidia, Cadence Design Systems, LSEG, Reuters Graphics, Apple, Devices, Vision Fund, Nasdaq, Thomson Locations: Cambridge, Saudi Arabia

☆ A mayor told the investors who want to build a new city in her backyard to 'take their billions of dollars and go back down to Silicon Valley'
▼ + stars: | 2023-09-02 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +2 min

Moy told Bloomberg she would "do everything we can to stop" Flannery Associates' plans. Get the inside scoop on today’s biggest stories in business, from Wall Street to Silicon Valley — delivered daily. Moy told Bloomberg that "this is no way to go about any kind of development," adding: "We're going to do everything we can to stop this." The Silicon Valley elites have purchased about 52,000 acres of land around Travis Air Force Base since 2018, leaving "no part that isn't touched by Flannery," Moy told ABC 7 News. Speaking to CNBC about the Flannery plan, Moy said the Air Force base "can't function" with a settlement encroaching on it.

Persons: Catherine Moy, Moy, Flannery, John Garamendi, Solano County's, Marc Andreessen, Reid Hoffman, Laurene Powell Jobs, Steve Jobs Organizations: Solano, Bloomberg, Service, Daily, Flannery Associates, New York Times, Travis Air Force Base, ABC, CNBC, Air Force Locations: Fairfield, Wall, Silicon, California, Solano County, San Francisco

☆ Climate change turns US utilities grimly exciting
▼ + stars: | 2023-08-31 | by ( Robert Cyran | ) www.reuters.com time to read: +6 min

A hotter and stormier world is making life unpleasantly exciting for shareholders, as Hawaiian Electric Industries (HE.N) shows. Yet while European firms have buried power lines underground to avoid damage from storm and fires, American utilities have generally balked. The firm said a second fire began in the same area several hours later, after the utility had turned off local power lines. Separately, Hawaiian Electric Industries, the parent company of Hawaiian Electric, said on Aug. 24 it had suspended its dividend. The company said HEI had withdrawn $170 million and Hawaiian Electric had withdrawn $200 million from their existing revolving unsecured credit facilities to strengthen their balance sheets.

Persons: Joe Biden, Jill Biden, Josh Green, Jaime Green ,, Lady of, Kevin Lamarque, HEI, Fitch, Lawrence, Peter Thal Larsen, Sharon Lam, Aditya Sriwatsav Organizations: Hawaii, REUTERS, Reuters, Hawaiian Electric Industries, United, Utilities, Hurricanes, Lawrence Berkeley National, Edison International, Consolidated Edison, Dow, Maui, Hawaiian Electric, Electric, Thomson Locations: Lady of Hawaii, Lahaina, Maui, Hawaii, U.S, United States, Americas, Europe, Alaska, California, New York, Arkansas , Louisiana, Texas

He dreamed of F-16s in the Ukrainian sky,” said Ukrainian Air Force spokesperson Yurii Ihnat in a statement Saturday. “He was an excellent communicator (and) the driving force behind reforms in the Air Force aviation, a participant in many projects,” he continued. He had campaigned for the supply of F-16s, the Air Force said. Portuguese Air Force F-16 military fighter jets participate in NATO's Baltic Air Policing Mission in Lithuanian airspace near Siauliai, on May 23, 2023. In 2022, Pilshchikov met with American government officials and was “in constant contact with Californian pilots,” the Air Force noted.

Persons: Andriy Pilshchikov, ”, Yurii, “, Ihnat, Pilshchikov, ” Ihnat, Volodymyr Zelensky, ’, Pilshchikov “, It’s, ” Zelensky, CNN’s Anderson Cooper, Juice, Petras Malukas, Pat Ryder Organizations: CNN, Ukrainian Air Force, Air Force, Portuguese Air Force, Air Policing Mission, Getty, Ukraine, US, Morris Air National Guard Base, Air National, 162nd, Pentagon Locations: Kyiv, Ukraine, American, Zhytomyr, United States, Siauliai, AFP, Netherlands, Denmark, Tucson , Arizona

☆ Uber bans most under 25s from driving for the company in California because of rising insurance costs
▼ + stars: | 2023-08-25 | by ( Tom Carter | ) www.businessinsider.com time to read: +3 min

Uber has banned under-25s from working as drivers in California because of rising insurance costs. In a statement to the AP, Uber said its commercial auto insurance costs had risen by more than half in the last two years. It also said personal injury lawyers were driving costs up by suing the company. Uber confirmed to the AP that it will allow under-25s who are currently signed up to transport passengers to continue driving for the company. In March, a California appeals court allowed the company and its rivals to continue doing so, overturning a previous decision by a lower court.

Persons: Uber, didn't Organizations: Uber, AP Locations: California

☆ At Tanglewood, the Boston Symphony Displays Its Heritage and Uncertain Future
▼ + stars: | 2023-08-15 | by ( David Allen | ) www.nytimes.com time to read: +3 min

Hints of a progressive Californian spirit were soon in evidence, as composers started appearing onstage at Symphony Hall in Boston to introduce their works, and the atmosphere began to feel more engaged. But Samuel lasted a mere 18 months, stepping down in January for reasons that are still not clear. Smith, who for a long time was the adventurous Philharmonic’s programming guru, is hugely respected, and his hiring is cause for excitement, if some trepidation. In addition, Elizabeth Rowe, the principal flutist whose distinctive, ever-so-slightly melancholy tone has defined the sound of the modern Boston Symphony, has announced that she will leave her position next year. She sued the orchestra in 2018 to secure pay equal to that of the oboist who sits to her left, John Ferrillo.

Persons: Mark Volpe, Gail Samuel, Samuel, Chad Smith, Smith, Malcolm Lowe, Lowe, Joseph Silverstein, Richard Burgin, Alexander Velinzon, Elita Kang, Tamara Smirnova, Elizabeth Rowe, John Ferrillo Organizations: Boston Symphony, Los Angeles Philharmonic, Symphony Hall Locations: Boston, Angeles, North America

Many wildfires in the United States occur when poles owned by utilities or other structures carrying power lines are blown down, or when branches or other objects land on power lines and cause them to produce high-energy flashes of electricity that can start fires. Image Nearly a week after the wildfire tore through Lahaina, state and local officials have not determined a cause for the blaze. Like most other utilities, Hawaiian Electric operates under the scrutiny of public commissioners who have to approve its spending plans. Power lines have caused catastrophic wildfires in California in recent years, prompting lawsuits that have led to multibillion-dollar payouts by the state’s utilities. Hawaiian Electric in a regulatory filing last year detailed measures aimed at reducing the risk of its equipment causing fires.

Persons: Hurricane Dora, “, ”, James Frantz, Frantz, There’s, Max Whittaker, Shahriar Pourreza, Shelee Kimura, ” Ms, Kimura, Pourreza, Michael Wara, Philip Cheung, Bob Marshall, Jim Kelly, Ken Pimlott, Anne Lopez, Mr, Wara, Kellen Browning, John Keefe, Susan C, Beachy, Alain Delaquérière Organizations: Wildfire, National Weather Service, Frantz Law, Hawaiian Electric, The New York Times, Guggenheim Securities, Maui Electric, Pacific Gas, Pacific Gas and Electric, Federal Emergency Management Agency, Pacific Disaster Center, Stanford University, The New York Times Lightning, Western, NASA, Whisker Labs, Labs, California Department of Forestry, Stanford, U.S . Energy Information Administration Locations: Lahaina, West Maui, Maui, California, United States, Northern California, Paradise, Hawaii, Western United States, Maui County, Germantown, Md, San Francisco

☆ Too Short’s Long (and Very Raunchy) Life in Rap
▼ + stars: | 2023-08-09 | by ( Tom Breihan | ) www.nytimes.com time to read: +4 min

It’s a lesson rap has never forgotten — and only one among many it learned, in large part, from this rapper. To understand Too Short’s influence, it’s useful to consider that he found national success at a moment when rap still seemed like it might head in a very different direction. As his records crept across the country, another Oakland rapper took off like a rocket. MC Hammer was Too Short’s opposite: glitzy, energetic and so family-friendly that he had his own Saturday-morning cartoon. This failure didn’t bother Too Short: “I understand why they didn’t get it,” he says of New Yorkers.

Persons: ”, “, Snoop Dogg, P’s, Young Jeezy, Gucci Mane’s, Hammer, wouldn’t, tourmates, Dre, 2Pac, —, ” Weiss, Wu, Tang Organizations: Oakland, East Coast, Yorkers Locations: UGK, Oakland, York, Coast

[1/2] American skateboarder Nyjah Huston poses for a photo at a party celebrating the one-year countdown to the Paris Olympics at the Ralph Lauren store in Beverly Hills, California, U.S., July 26, 2023. "I'm very excited for Paris," fan favourite Huston told Reuters at a swanky party at the Ralph Lauren store in Beverly Hills to celebrate the one-year countdown to the Paris Games. At the party, three-time Olympic champion snowboarder Shaun White and Huston discussed bouncing back from their respective leg injuries, with Huston telling White he had fully recovered from his ACL tear last August. ANOTHER BITEWhite said the experience Huston gained in Tokyo will help him enormously in Paris next summer. But of the 12 medals handed out for the sport in Tokyo, the U.S. team managed just two bronze.

Persons: Nyjah Huston, Ralph Lauren, Rory Carroll, Huston, Instagram, Shaun White, White, Ryan Sheckler, I've, Sheckler, Critics, we're, I'm, Ken Ferris Organizations: Paris Olympics, REUTERS, Paris Games, Reuters, Red Bull, WIN, U.S ., Team USA, X, Thomson Locations: Beverly Hills , California, U.S, ANGELES, Tokyo, Paris, Beverly Hills, Rome, Southern California, Los Angeles, LA

☆ San Francisco was too expensive so they moved to Spain and bought a beautiful house for $50,000. Here’s how they did it
▼ + stars: | 2023-07-27 | by ( Inka Piegsa-Quischotte | ) edition.cnn.com time to read: +11 min

CNN —When John Flores and Michael Leitz were looking for a home in which to spend the next stage of their lives, they realized that where they lived in San Francisco was too expensive. Instead, they began looking further afield – eventually buying a beautiful 120-year-old, three-story home in rural Spain for less than $50,000. Finding the right place and relocating to another country was by no means easy for Flores and Leitz. As is often the case in rural Spain, many records had been lost over the years. “We bought the most beautiful antique rural Spanish furniture there.”Work to renovate the house took about six months, but that followed the considerable time taken to get building permission from local authorities.

Persons: John Flores, Michael Leitz, Flores, Leitz, – Leitz, ”, “, John, Gonzalo Azumendi, Flores aren’t, Stefano Politi Markovina, Spain they’d, ” Flores, woodworm, ” Leitz, Flores “, they’ve, They’ve, “ Leitz Organizations: CNN, UCLA, “, Getty, Global Citizen Solutions, Visa Locations: San Francisco, Spain, Francisco, “ Europe, Europe, Spanish, Valencia, Leitz, Phoenix, Xatavia, Madrid, Barcelona, Seville, Malaga, California, Xativa, –, Ikea

☆ Kevin McCarthy threatened to beat up Democrat Eric Swalwell on the House floor and then cursed at each other: report
▼ + stars: | 2023-07-27 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +3 min

Speaker Kevin McCarthy reportedly threatened to beat up Democratic Rep. Eric Swalwell. Swalwell reportedly responded by calling McCarthy "a pussy." Just before the reported insult, McCarthy, according to the unnamed lawmakers, was nearly about to haul off on his fellow Californian. "You're weak. Before the House censured Schiff, McCarthy and his fellow Republicans kicked both Swalwell and Schiff off of the House Intelligence Committee.

Persons: Kevin McCarthy, Eric Swalwell, Swalwell, McCarthy, Matt Fuller, I'm, Adam Schiff, Schiff Organizations: Democratic Rep, Daily, Service, Democratic, Republicans, Capitol, House Intelligence Locations: Wall, Silicon, California

☆ A woman claiming to be the winner of the $1.08 billion Powerball jackpot was lying and 'just wanted to be on TV,' store owner's granddaughter says
▼ + stars: | 2023-07-23 | by ( Ella Hopkins | ) www.businessinsider.com time to read: +2 min

A woman was accused of falsely claiming to win the Powerball jackpot — the third largest ever won. Video footage shows the woman crying with joy at the LA store that sold the winning ticket. But the granddaughter of the store owner said the winner has yet to come forward. California Lottery confirmed on Thursday that the store had sold the winning ticket, which is the third-largest Powerball jackpot — and the sixth-largest US lottery jackpot — ever won. Californian Edwin Castro won a record $2 billion Powerball Jackpot last year, with a ticket purchased 13 miles from Herrera's store, the Mail reported.

Persons: Sarai Palacios, Nabor Herrera, hadn't, I'm, Palacios, she'd, Herrera, Edwin Castro Organizations: Service, Daily Mail, Mail, California Lottery, Inside, CAL Locations: Wall, Silicon, Herrera's

☆ USWNT: How the US became women’s soccer’s dominant force
▼ + stars: | 2023-07-21 | by ( Aimee Lewis | ) edition.cnn.com time to read: +20 min

Anson Dorrance knew he was a pioneer during his eight years as head coach of the US Women’s National Team (USWNT). Any understanding of how and why the USWNT is women’s soccer’s dominant force, a four-time Women’s World Cup winner and favorite to win the next edition currently taking place in Australia and New Zealand, must start with Dorrance, the groundbreaker and the bricklayer. Five years later, the first Women’s World Cup was held in China – not that it was initially labelled a World Cup as world governing body FIFA worried it might not be a success. A third-placed finish followed at the 1995 Women’s World Cup, and then came the Atlanta Olympics a year later. The success of 1999 would lead to the world’s first professional women’s soccer league, the Women’s United Soccer Association (WUSA).

Persons: CNN —, ”, Anson Dorrance, “ You’re, Dorrance, –, “, Michelle Akers, ” Akers, Mike Ryan, ’, Akers, IX, I’m, ” Dorrance, “ There’s, Lori Lindsey, Lauren Cheney, Darryl Dyck, George Bush, Barry Thumma, didn’t, ” Caitlin Murray, Murray, David Cannon, Billie Jean King, “ We’ve, Lindsay, USWNT, Harry, Brandi Chastain’s, “ We’re, ” Brandi Chastain, Robert Beck, Chastain, Mia Hamm, Kristine Lilly, Julie Foudy et, Megan Rapinoe, they’re, it’s, ” Rapinoe, Richard Heathcote, Lindsey, Becky Sauerbrunn, Rapinoe, Alyssa Thompson, Naomi Girma, Taylor Swift Organizations: CNN, US, National, CNN Sport, Dorrance, men’s, University of North, Coaches, FIFA, America, Soccer, Federal, Olympic, Canada, American, High School, National Collegiate Athletic Association, Guatemala, CONCACAF, Canadian Press, Central, USA, “ National, Atlanta Olympics, Getty, US Soccer, revelled, China, Rose, Women’s United Soccer Association, National Women’s Soccer League, “ 99ers, Tokyo, England Locations: Australia, New Zealand, University of North Carolina, Italy, Seattle, Irish, United States, England, Brazil, Central Florida, China, Norway, New York, Hamm

☆ Canada headlines second day of Women’s World Cup action as Olympic champion faces Nigeria
▼ + stars: | 2023-07-20 | by ( Ben Morse | ) edition.cnn.com time to read: +8 min

CNN —The Women’s World Cup is finally here and the tournament’s second day of action holds plenty of intriguing storylines. Olympic champion Canada kicks off its campaign in the opening game of Friday’s action, before one of the Women’s World Cup debutants – the Philippines – make its bow at the worldwide event. Nigeria vs. CanadaCanada is considered one of the favorites to compete for the Women’s World Cup title in Australia and New Zealand following its recent success. I know being in the World Cup is going to bring a lot of awareness. From 1995 onwards, only three World Cup debutants have won their opening match at a World Cup.

Persons: La Roja, Christine Sinclair, Adriana Leon, Allysha Chapman, Kadeisha Buchanan, Shelina Zadorsky, Ashley Lawrence, Sinclair, Julie Ertz, Jack GruberUSA, Bev Priestman, ” Priestman, ”, Sarina Bolden, Bolden, ” Bolden, “, Jason McCawley, Alisha Lehmann, Inka Grings, ” Lehmann, ’, Alexia Putellas, Jennifer Hermoso, Putellas –, Juan Manuel Serrano Arce, Raquel Rodríguez Cedeño Organizations: CNN, Canada, La, . Canada, Sinclair, Olympic Games, Olympics, FIFA, Super Falcons, Republic of Ireland, Dunedin, –, soccer team, Western Sydney Wanderers, Western United, New, ”, Wellington Regional, Women’s Champions League, Portland Thorns Locations: Philippines, Costa Rica, Qatar, Nigeria, Canada, Melbourne, Switzerland, Dunedin, Wellington, Spain, . Canada Canada, Australia, New Zealand, Tokyo, Sweden, Republic of, Zealand, Norway, Ecuador, ” Spain, Barcelona, Panama

☆ Some San Francisco Safeway stores added gates barring shoppers from leaving unless they scan a receipt. It's an anti-theft measure that has spread across the UK.
▼ + stars: | 2023-07-19 | by ( Alex Bitter | ) www.businessinsider.com time to read: +4 min

Safeway has installed receipt-scanning gates at some supermarkets in the San Francisco Bay Area. The technology has already been rolled out at multiple UK retailers, and shoppers are skeptical. A Reddit post from this spring, meanwhile, showed the gates at another Safeway location in San Francisco. Security gates at self checkouts is more common in the UKAcross the Atlantic in the UK, a handful of retailers already use the receipt-scanning gates at self-checkout areas. Some people have compared the security gates to Costco's receipt-checking system.

Persons: that's, Primark, Betty Yu, Alex Bitter Organizations: Safeway, San Francisco Bay Area, Service, California Safeway, San Francisco Chronicle, University of California, Daily, Morrisons, Costco, Sun, Twitter, Walgreens, CBS, KPIX, Area Locations: San Francisco Bay, Wall, Silicon, Bay, Berkeley, San Francisco ., Edinburgh, San Francisco

☆ San Francisco’s ‘doom loop’ is a warning for every American city. Here’s how we can fix it — before it’s too late.
▼ + stars: | 2023-07-16 | by ( Adam Rogers | ) www.businessinsider.com time to read: +18 min

If you want to rile up a San Francisco native, mention the doom loop. But treating San Francisco as some sort of outlier, a sui generis example of urban decay, is wrong, too. After I washed out back there I washed up on the Embarcadero, a typical San Francisco story. Because here's my one crazy trick to fix San Francisco: homes. To revive the city, San Francisco needs to get back to its freak-flag-flying roots.

Persons: Nobody's, I've, It's, it's, who'd, Paul Chinn, nix, aren't, rafter, Tayfun, Francis Wood, fixable, Berkeley, Adam Rogers Organizations: Liberal, Homelessness, Bay Area, Pride, Black Panthers, Washington Monthly, San Francisco, Getty, SF, Supervisors, Crafts, Planners, Foods, Anadolu Agency, Walgreens, Nordstrom, Unit Locations: San Francisco, Bay, Francisco, California, Black, Los Angeles, Boston , New York, Washington, United States, Barcelona, Paris, St, Barbary, Hong Kong, Mexico City, Angeles, Houston, Helsinki, East, Treasure, Emeryville

☆ How to save San Francisco
▼ + stars: | 2023-07-16 | by ( Adam Rogers | ) www.businessinsider.com time to read: +18 min

But treating San Francisco as some sort of outlier, a sui generis example of urban decay, is wrong, too. After I washed out back there I washed up on the Embarcadero, a typical San Francisco story. Because here's my one crazy trick to fix San Francisco: homes. Paul Chinn/The San Francisco Chronicle via Getty ImagesThis is just a matter of good old-fashioned supply and demand. To revive the city, San Francisco needs to get back to its freak-flag-flying roots.

☆ Michelle Wie West enjoys magical ending at US Women’s Open
▼ + stars: | 2023-07-08 | by ( Aimee Lewis | ) edition.cnn.com time to read: +4 min

Wie West has lived much of her life in the public eye. She turned professional a year later, just shy of her 16th birthday, and won her only major – the US Women’s Open – in 2014. Michelle Wie West won the US Women's Open in 2014. This too could be Sorenstam’s final major – she has said this would be her last US Women’s Open. “I thought my last [U.S. Women’s Open] would be in 2008,” she said, per the LPGA.

Persons: Michelle Wie West, ”, Makenna, Mike Whan, Wie West, Ezra Shaw, ” Wie, “ It’s, Annika Sorenstam, Darron Cummings, Swede, Will, “, it’s, We’ve, ” America’s Bailey Tardy Organizations: CNN, US, Kraft Nabisco, Sony, USGA, Getty, Women’s Locations: Pebble, Wie

☆ The company behind the $300,000 flying EV the FAA approved for test flights says it has already received $250 million of preorders
▼ + stars: | 2023-07-04 | by ( Grace Dean | ) www.businessinsider.com time to read: +2 min

Alef Aeronautics says it's got more than $250 million of preorders for its electric flying car. Alef has received FAA approval for test flights, though certification to drive is separate. Preorders are mounting for the $300,000 flying electric vehicle that just got FAA approval for test flights. "Most orders are from individuals, but there are several B2B agreements also," the company told Insider. The certificate has strict limits for the locations and purpose for which the car is permitted to fly, Alef told Insider.

Persons: it's, Alef Organizations: Aeronautics, Morning, Alef Aeronautics, Federal Aviation Administration, Alef Locations: Hong Kong

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