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“Border Patrol has prioritized the quick transporting of noncitizens encountered in this desert environment, which is particularly dangerous during current weather conditions, to Border Patrol facilities where individuals can receive medical care, food and water,” a spokesperson for US Customs and Border Protection said in a statement. The agency said the fenced-in outdoor space is covered by a large canopy and migrants have access to large fans, meals, water, and bathroom facilities. “The Ajo Border Patrol Station is not equipped to hold large number of migrants due to historic trends in this area.”After arriving at Ajo Station, migrants are screened and then transported to other locations for immigration processing, with the closest large Border Patrol facility or shelter 2.5 hours away, according to the Border Patrol. The Tucson Border Patrol sector encountered more than 24,000 migrants in June, making it the second-busiest sector on the southern border during the month, according to Border Patrol data. Border Patrol officials report no deaths have occurred at Ajo station or the surrounding areas since the beginning of the heat wave and since the increase in migrant encounters.
Persons: Cabeza, USBP, Organizations: CNN, Patrol, Border Patrol, US Customs, Protection, National Weather Service, Wildlife Refuge, Tucson Border Patrol, Phoenix Locations: Ajo , Arizona, Ajo, Tucson
Enter the Elemment Palazzo Superior. Marchi Mobile ViennaOriginally from Vienna, Austria, Marchi feels like he was born to design automobiles. ‘Like a 4D cinema’The Elemment Palazzo Superior's unusual cockpit is set on the second level. Marchi Mobile ViennaOne of the first things you’ll notice about the Elemment Palazzo Superior is its futuristic cab with a giant, bug-eyed windshield and extra-high driver’s seat. Marchi Mobile ViennaOn the far side of the kitchen, a discreet sliding door opens to a spacious primary bedroom.
Persons: we’re, Marchi, Mario Marchi, Robert Tober “, ” Mario Marchi, , , , Luigi Colani, ” Marchi, “ It’s Organizations: CNN, Royce Phantoms, Marchi Mobile, Marchi Holding AG, Marchi Group, CNN Travel, BMW, Volkswagen, Steinway Locations: Palazzo, European, Marchi, Vienna, Austria, England
Bourhan Yassin became the CEO of Rainforest Connection in 2022 after years of working in tech. Rainforest Connection gets a tech upgradeA few years ago, Rainforest Connection switched from cellphones to a custom-made device called the Guardian. To access a 3G or 4G signal, Rainforest Connection points the Guardian's antennas toward the cellphone tower of a nearby town. For example, Rainforest Connection has previously collaborated in Puerto Rico with the US Fish and Wildlife Service, where 5G coverage is expanding. Before he worked with Rainforest Connection, Yassin said he measured success through metrics such as funding.
Persons: Bourhan Yassin, Yassin, , — Yassin, we've Organizations: Rainforest Connection, Guardian, Google, Connection, Guardian ., US Fish and Wildlife Service, Rainforest Locations: Dubai, United Arab Emirates, Costa Rica, Kenya, Brazil, Tanzania, Indonesia, Ecuador, Poland, Puerto Rico
NASA Administrator Bill Nelson attends a news conference, after meeting with Brazil's President Luiz Inacio Lula da Silva (not pictured), at the Planalto Palace in Brasilia, Brazil July 24, 2023. REUTERS/Adriano MachadoBRASILIA, July 25 (Reuters) - NASA Administrator Bill Nelson visited Brazilian space research center INPE on Wednesday and proposed extending satellite partnerships with the United States to help monitor and prevent destruction of the Amazon rainforest. Nelson said NASA will have a satellite in January that can even render images of what is happening below the forest canopy. "I thanked the president for his continuous effort to save the Amazon rainforest," he told reporters after the meeting. Earlier on Tuesday, Nelson visited Brazilian plane maker Embraer (EMBR3.SA) in Sao Jose dos Campos and toured the production line for its narrow-body commercial E-Jets.
Persons: Bill Nelson, Luiz Inacio Lula da Silva, Adriano Machado BRASILIA, Nelson, Sao Jose dos Campos, Luciana Santos, Anthony Boadle, Brad Haynes, Bill Berkrot Organizations: REUTERS, NASA, INPE, Embraer, EMBR3, Jets, Thomson Locations: Brasilia, Brazil, United States, India, Sao Jose, INPE, China, U.S, Brazilian, American, Argentina, Colombia
Insider spoke with influencer marketing experts and creators about sponsored content on Threads. Within two days of Threads' launch on July 5 , certain brands and influencers started posting paid, sponsored content. She's since posted more sponsored content to Threads. Hulu worked with creator Adam Rose on a sponsored Threads post. Some creators, like travel creator Jessica Ufuoma, are turning down sponsored content requests from brands for this reason.
Persons: influencers, Adam Rose, Kristen Bousquet, I've, Bousquet, Hulu, Krishna Subramanian, Amber Venz, Alessandro Bogliari, Ayomi Samaraweera, Meta, Rose, Brittany Mehciz, Hulu's, Thomas Walters, Ajai Guyot, Guyot, it's, Elon Musk, Ryan Detert, Matt Navarra, who's, what's, Elon, Navarra, Meta's, Instagram, Sooraj Saxena, he's, Sydney Bradley, Taryn Hicks, Jessica Ufuoma, collabs Organizations: She's, Brands, Meta, Creators, Hulu, Dollar, Amazon, Twitter, Sydney Locations: Europe
Activist Commentary: Elliott is a very successful and astute activist investor, particularly in the technology sector. Constellation Brands produces and markets beer, wine and spirits, but it's essentially a beer company with 85% of its revenue coming from beer sales. Moreover, it is not just a niche beer business anymore. First, the company has traded at a discount because of the dual-class share structure that allowed the Sands family to control Constellation. This leaves a core beer business that can now be operated without unnecessary distractions.
Persons: Elliott, William T, Giles, , Luca Zaramella, Sands, Bill Newlands, Rob Sands, missteps, Ken Squire Organizations: Constellation, Mondelez, Constellation Brands, Modelo Especial, Anheuser, Busch, Modelo, Coors, Budweiser, Eastern Seaboard, 13D Locations: COOs, U.S, Mexicali, Mexico
Insider spoke with influencer marketing experts and creators about sponsored content on Threads. There may not be hashtags yet on Instagram's new app Threads, but that's not stopping #ads from appearing all over the latest social-media platform. Within two days of Threads' launch on July 5 , certain brands and influencers started posting paid, sponsored content. She's since posted more sponsored content to Threads. Some creators, like travel creator Jessica Ufuoma, are turning down sponsored content requests from brands for this reason.
Persons: influencers, Adam Rose, Kristen Bousquet, I've, Bousquet, Hulu, Krishna Subramanian, Amber Venz, Alessandro Bogliari, Ayomi Samaraweera, Meta, Rose, Brittany Mehciz, Hulu's, Thomas Walters, Ajai Guyot, Guyot, it's, Elon Musk, Ryan Detert, Matt Navarra, who's, what's, Elon, Navarra, Meta's, Instagram, Sooraj Saxena, he's, Sydney Bradley, Taryn Hicks, Jessica Ufuoma, collabs Organizations: She's, Brands, Meta, Creators, Hulu, Dollar, Amazon, Twitter, Sydney Locations: Europe
Constellation Brands (STZ) shares are popping more than 3% in after-hours trading after the Corona and Modelo beer company made a slew of announcements to enhance its corporate governance. The selection of these two board members was made as part of a collaboration with an activist investor that's known to shake things up to create value for shareholders: Elliott Management. Elliott was also recently involved in a multi-activist situation at Club name Salesforce (CRM), which resulted in more value for shareholders. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER .
Persons: Luca Zaramella, Bill Giles, it's, Elliott, Bud Light, Bud, Jim Cramer's, Jim Cramer, Jim Organizations: Constellation Brands, Corona, Mondelez, AutoZone, Elliott Management, Club, Constellation, Modelo Especial, Molson Coors Beverage . Molson, Anheuser, Busch Inbev, Budweiser, CNBC, Getty Locations: Modelo, United States, Corona
July 14 (Reuters) - Pot producer Canopy Growth (WEED.TO) has signed agreements with lenders to reduce its debt by C$437 million ($333.36 million) over the next six months, weeks after the Canadian firm raised doubts about its ability to continue as a going concern. The agreements with secured and unsecured lenders would also lower its interest expenses by C$20 million to C$30 million, the company said on Friday. The deals include redemption agreements with certain holders of its unsecured senior notes and agreements with certain of its lenders under its credit facility. Once a multi-billion company, Canopy has seen its fortunes dwindling over the years, as the Canadian cannabis industry remains challenged by systemic regulatory issues and the illicit marijuana market. ($1 = 1.3109 Canadian dollars)Reporting by Sourasis Bose in Bengaluru; Editing by Shilpi MajumdarOur Standards: The Thomson Reuters Trust Principles.
Persons: Sourasis Bose, Shilpi Majumdar Organizations: Nasdaq, Thomson Locations: U.S, Bengaluru
Isla del Rey, Menorca CNN —On the tiny Menorcan island of Isla del Rey, Christina Quarles is sitting under a canopy of olive trees. “Coming in on a boat is like a moment of meditation to prepare yourself to see art,” she added. Christina Quarles' show 'Come In From An Endless Place,' is on at the Hauser & Wirth gallery on the Spanish island of Menorca until October 29, 2023. The new Menorca Hauser & Wirth gallery was once a dilapidated 18th century naval hospital. I’ve found it to be a very beautiful parallel.”“With Christina, it’s difficult to separate the artist from the work,” said Bardaouil.
Persons: Menorca, Isla del Rey, Christina Quarles, Hauser & Wirth Menorca, “ It’s, , Quarles, Piet Oudolf, Damian Griffiths, Wirth, , ” Quarles, givens, , Menorca Hauser, Wirth “ She’s, Sam Bardaouil, Bardaouil, Quarles ’, Mar Rescalvo Pons, Fredrik Nilsen, Wirth Quarles ’, I’ve, there’s, Christina, it’s Organizations: del, Menorca CNN, Hauser &, Hauser, Wirth, , Venice Biennale, Sotheby’s, CNN, Hamburger Bahnhof, Hauser & Wirth Locations: Isla del, Los Angeles, Swiss, London, New York, Hong Kong, Menorca, Chicago, Venice, York, Berlin, gesturally
The drum line stood beneath a canopy of trees and rattled through rolls of sextuplets, with reddened shoulders glistening. Temperatures here in Daphne, Ala., had climbed past 90 degrees, and the humidity made it feel at least 10 degrees hotter. Yet even as a record-breaking heat wave seared most of the American South this week, the members of the Southwind Drum and Bugle Corps chose to push on, not wanting to miss a moment of the intensive camp they had been waiting all year for. “The heat has gotten me once or twice this season,” said Gracie Binns, an 18-year-old member of the color guard. “It’s kind of worn me down already.” But, she added, “I like the challenge of it.”
Persons: , Gracie Binns, Organizations: Bugle Corps Locations: Daphne, Ala, American
Citi initiates coverage with a buy rating and a $240-per-share price target, which puts the stock at 30 times fiscal year 2025 earnings-per-share (EPS) estimates. Jefferies upgrades Carnival (CCL) to a buy rating and increases its price target to $25 per share from $9. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.
Persons: Dow, it's, Bausch, Brent Saunders, Morgan Stanley, Jim Cramer's, Jim Cramer, Jim Organizations: Nasdaq, Dow, Apple, Citi, Nike, JPMorgan, Nice, Modelo, Constellation Brands, Jefferies, Novartis, Troubled, Bausch Health, Mastercard, Jim Cramer's Charitable, CNBC Locations: Corona
Constellation Brands (STZ) delivered an earnings beat Friday, along with a compelling outlook that prompted us to raise our price target on shares of the Corona brewer. Excluding equity losses from Constellation's stake in cannabis company Canopy , adjusted earnings came in at $3.04 per share. Bottom line Management's full-year guidance — like the headline sales and earnings numbers — was better than the estimates from Wall Street. Company results Beer sales of $2.1 billion, up 11% year over year, were better than analysts' expectations of $2.07 billion. Taking out capital expenditures of $1.2 billion to $1.3 billion (unchanged), the free cash flow forecast comes in between $1.2 billion and $1.3 billion (unchanged).
Persons: , we're, That's, depletions, Jim Cramer's, Jim Cramer, Jim, Daniel Acker Organizations: Constellation Brands, Corona, Refinitiv, Wall, Modelo Especial, Wall Street, Management, CNBC, Constellation Brands Inc, Bloomberg, Getty Locations: U.S, Ottawa , Illinois
Canopy Growth sells California facility amid liquidity worries
  + stars: | 2023-06-29 | by ( ) www.reuters.com   time to read: +1 min
June 29 (Reuters) - Pot producer Canopy Growth (WEED.TO) said on Thursday it has completed the sale of its facility in Modesto, California as a part of its divestitures to raise funding amid liquidity concerns. The sale of the facility was the fifth such deal since April 1 and has generated C$81 million ($61.10 million), the company said. "The proceeds from this transaction further the achievement of our target of C$150 million in total proceeds from facility divestitures by the end of September 2023," said CEO David Klein in a statement. Brokerage Benchmark slashed its price target on Canopy to zero earlier this week. ($1 = 1.3258 Canadian dollars)Reporting by Sourasis Bose in Bengaluru; Editing by Krishna Chandra EluriOur Standards: The Thomson Reuters Trust Principles.
Persons: David Klein, Sourasis Bose, Krishna Chandra Organizations: Thomson Locations: Modesto , California, Bengaluru
The nonprofit estimates at least 37 big U.S.-based companies, including Starbucks and Kellogg, will be covered by the new rules. Trees absorb carbon dioxide, and forest loss and damage has caused around 10% of global warming, according to nonprofit World Wildlife Fund. The EU rules apply to companies meeting the bloc’s broad definition of an “operator,” which includes a business importing into the EU, exporting from it, or putting products on the bloc’s market. The EU rules are expected to become stricter over time. Sen. Brian Schatz, a Hawaii Democrat who is spearheading the effort, said the U.S. needs to follow the EU in enacting deforestation regulations on trade.
Persons: haven’t, , Starling, , Kellogg, ” Frans Timmermans, Guillaume Croisant, Sen, Brian Schatz, , Dieter Holger Organizations: European Union, EU, Global, Starbucks, Kellogg, Labs, Airbus, Companies, World Resources Institute, Consumer Goods, New, World Wildlife Fund, Cargill, Bunge, Sustainable Business, Barclays, Hawaii Democrat, dieter.holger Locations: European, Brazil, Indonesia, Malaysia, New York, Brussels, Linklaters, U.S, Hawaii, Europe
A person dressed as a Ninja Turtle, who was filmed trying - and failing - to crowd surf at a Vanilla Ice concert, is being misidentified online as British singer Sam Smith. “Sam Smith, who is ‘body positive’ and uses ‘they/them’ pronouns, tries crowd surfing. The person is seen jumping off the stage and into the crowd while Vanilla Ice was performing his Ninja Rap (here). Vanilla Ice performed at the location on June 17 as part of an “I Love The 90s Tour” (archive.is/oaPn7). Representatives for Smith, Vanilla Ice and the concert organisers did not immediately respond to a Reuters request for a comment.
Persons: Sam Smith, “ Sam Smith, Smith, Read Organizations: Facebook, Reuters, Mail Locations: British, Canyonville , Oregon, New York City
Pot producer Canopy raises going concern doubts, shares tumble
  + stars: | 2023-06-23 | by ( ) www.reuters.com   time to read: +2 min
June 23 (Reuters) - Shares of Canada's Canopy Growth (WEED.TO) fell 6.5% on Friday after the pot producer posted a wider quarterly loss over the previous year and raised doubts about the company's ability to continue as a going concern. Canopy said it identified certain trends in the booking of sales for BioSteel, leading it to launch an internal review. As a result of the review, Canopy said it has let go of several members of BioSteel's leadership team. Sarwat added that Canopy was still burning through cash and including going concern risk in the filing makes Canopy USA's rationale unclear, as cash won't flow back to the U.S. unit without federal legalization. Canopy is eyeing an entry into the U.S. cannabis market through Canopy USA.
Persons: David Klein, Klein, Bernstein, Nadine Sarwat, Sarwat, Sourasis Bose, Pooja Desai Organizations: Reuters Graphics, U.S, Canopy USA, Thomson Locations: Canada, Bengaluru
We're revisiting housing inventory today because it's one of the key sticking points that's keeping home prices elevated and buyers wary. Get this: The housing market today has 39% fewer homes for sale than before the pandemic. Mortgage rates are currently about double what they were in 2021, when ultra-low rates fueled a home-buying boom. That could help influence mortgage rates to go even higher this year. People who are sitting on the sidelines, waiting for mortgage rates to decline, should know that's unlikely to happen in the foreseeable future."
Persons: I'm Phil Rosen, Jerome Powell, Joe Raedle, There's, Powell, Redfin's Chen Zhao, Edward Seiler, Tweet, JIM WATSON, Morgan Stanley, Steve Eisman, Larry Summers, Richard Branson's, Phil Rosen, Max Adams, Hallam Bullock Organizations: realtors, Mortgage Bankers Association, US, Getty, Fed, FedEx, Nvidia, Bloomberg, Treasury, Virgin Galactic Locations: homebuilding, New York, London
The goal was to restore one of the Ozarks’ rarest ecosystems, a type of dry, rocky grassland known as a glade. To bring back the grass, we had to clear it of trees. Under the trees’ dense canopy, the native grassland species couldn’t thrive. If the glade had remained covered in trees for a couple more decades, it might have been too late. But with the tree cover gone and sunlight pouring in, woodland species are now giving way to the grassland species.
Persons: Neal Humke Locations: greenbrier, ragweed
Recreational cannabis was still illegal when Nancy Whiteman left her high-paying consulting job to cook edibles in Boulder, Colorado, in 2010. The 64-year-old founder of edible cannabis company Wana is now one of the richest self-made women in the U.S., with a net worth of $225 million, according to Forbes. "I like to say I went from the most traditional industry to the least traditional industry," Whiteman told CNBC Make It in 2018. Much of Whiteman's fortune comes from selling Wana for $350 million in 2021 to Canopy Growth, an Ontario, Canada-based cannabis company. That "got my undivided attention," Whiteman told Forbes.
Persons: Nancy Whiteman, Forbes, Whiteman Organizations: CNBC Locations: Boulder , Colorado, U.S, Ontario, Canada, Wana
In a pinch, this DIY fallout shelter would be better than an above-ground building, an expert said. Turns out, if a nuclear attack is imminent, you can build your own DIY fallout shelter for relatively cheap. Equipment you'll need for a DIY fallout shelterPhoto taken in 1961 of a 77-year-old man who built his own fallout shelter in his backyard. How to build a DIY fallout shelter for cheap in 6 stepsFirst, scout out a location for your fallout shelter. How this DIY fallout shelter would protect youSoil is a great shield from radioactive fallout.
Persons: , Michael Ochs, Stringer, Cresson H, it's, Sun, bomba, Alex Wellerstein, MAXIM ZHURAVLEV Organizations: Service, Michael Ochs Archives, National Laboratory, Laboratory, Getty, University of Nevada, United States National Locations: Oak, Kearny, Nes, Las Vegas
[1/5] Volunteer David Palmer takes part in a broadcast burn in advance of wildfire season near Blodgett Forest Research Station in Georgetown, California, U.S., May 20, 2023. Teaching locals is exactly what Susie Kocher is hoping to accomplish through the El Dorado Amador Prescribed Burn Association. Founded in 2021, the association teaches private landowners about prescribed burns, including how to plan and carry them out safely. California last year launched a strategic plan for wildfire and forest resilience with the aim of expanding prescribed burns to 400,000 acres annually by 2025. The Saturday class for two dozen volunteers – mostly college students and a few private landowners - at the Blodgett Forest Research Station west of Lake Tahoe turned out just as the experts had hoped.
Persons: David Palmer, Loren Elliott GEORGETOWN, Susie Kocher, Amador, it's, Kocher, Sarah Fischbach, haven't, ” Fischbach, we're, , Ariel Roughton, Cathy Mueller, we've, ” Mueller, Nathan Frandino, Mary Milliken, David Gregorio Our Organizations: Research, REUTERS, El, Burn, , Blodgett, Thomson Locations: Blodgett, Georgetown , California, U.S, Loren Elliott GEORGETOWN , California, California, Sierra Nevada, Lake, “ California
In a battle of beer makers, Molson Coors (TAP) has had the advantage lately over rival Constellation Brands (STZ). Molson Coors has a diverse portfolio of popular beer brands including Coors Light and Miller Lite as well as other summer favorites Blue Moon and Leinenkugel's. Shares of TAP have gained about 17% in 2023, driven by strong beer growth and strategic partnerships. TAP STZ YTD mountain Molson Coors vs. Constellation Brands YTD performance At Club holding Constellation, its core beer brands are Corona, Modelo and Pacifico. While Molson Coors is catching much of the Bud Light exodus, Constellation's popular beer brands will also be a beneficiary.
Persons: Molson, Molson Coors, Miller, Bud Light's, influencer, Bud Light, BUD, Jim Cramer, Roth, Jim, Bud, Roth MKM, STZ, Gerald Pascarelli, Seltzer, Pascarelli, it's, Filippo Falorni, Falorni, Filippo, Wedbush's, Edward Lewis, hasn't, Robert Sands, Bill Newlands, Sands, Newlands, Jim Cramer's Organizations: Molson Coors, TAP, Constellation Brands, Modelo, Coors, Miller Lite, Anheuser, Busch Inbev, Club, Constellation, Corona, Nielsen, Constellation's Modelo Especial, Molson, CNBC, Coca, Citi, Falorni, STZ, Cinco de, Getty Locations: Corona, Pacifico, STZ, North, North America, Cinco de Mayo, San Diego
Solar trees could soon be charging your car
  + stars: | 2023-05-30 | by ( Nell Lewis | ) edition.cnn.com   time to read: +5 min
CNN —Metal trees with a seven-meter canopy of solar panels that generate electricity may soon be coming to car parks and shopping malls in the UK. In the UK, EV charging infrastructure is rapidly growing, with more than 40,000 public charging points installed by the end of April 2023, up 37% from the previous year, according to ZapMap, an EV mapping service. SolarBotanic Trees has partnered with RAW Charging to supply co-branded trees (shown here in a rendering) as part of a network of EV charging sites. Charging upSolarBotanic Trees are likely to cost between £18,000 and £25,000 ($22,000 to $30,000), considerably more than a conventional solar panel source. Shelley notes that he is also exploring creating a solar tree solution for powering electric scooter charging hubs.
TipRanks recognized Wall Street's 10 best analysts in the consumer goods sector for identifying the best investment opportunities. TipRanks used its Experts Center tool to identify the pros with a high success rate, and analyzed each stock recommendation made by analysts in the consumer goods sector over the past decade. TipRanks' algorithms calculated the statistical significance of each rating, the analysts' overall success rate and the average return. Top 10 analysts from the consumer goods sectorThe image below shows the most successful Wall Street analysts from the consumer goods sector. Mark Astrachan - Stifel NicolausMark Astrachan has the 10th spot on the list, with a success rate of 65%.
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