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☆ Carlo Acutis: Teenager to become first Catholic millennial saint as pope and cardinals approve canonization
▼ + stars: | 2024-07-01 | by ( Christopher Lamb | ) edition.cnn.com time to read: +4 min

CNN —A video-gaming Italian teenager will become the Catholic Church’s first millennial saint after his cause for canonization was approved by church authorities. Often depicted wearing jeans and trainers, his story is seen as helpful for the Catholic Church as it seeks to better connect with the younger generation in a digital age, and he’s become popular with Catholic youth groups. In May, a second miracle attributed to Acutis was recognized by Pope Francis, a decision which paved the way for him to be declared a saint. He was reportedly healed after his mother said she prayed to Acutis to intercede and help heal her son. Her mother said she prayed for her daughter’s recovery at the tomb of Acutis in Assisi.

Persons: Carlo Acutis, ”, Acutis, he’s, Pope Francis, ” Acutis, Matteo Berlenga, Reuters Acutis, –, Mario, Pokémon, Antonia Salzano, “, Salzano Organizations: CNN, Catholic, Vatican, Catholic Church, Reuters, PlayStation Locations: Catholic, St Peter’s, Vatican City, London, United Kingdom, Milan, Costa Rica, Florence, Italy, Assisi

☆ 'Inside Out 2' tops $1 billion at the global box office, first film to do so since 'Barbie'
▼ + stars: | 2024-06-30 | by ( Sarah Whitten | ) www.cnbc.com time to read: +2 min

Amy Poehler and Maya Hawke voice Joy and Anxiety, respectively, in Disney and Pixar's "Inside Out 2." The animated feature has tallied $1.014 billion worldwide as of Sunday, making it the highest-grossing film of 2024 and the first film since Warner Bros.′ "Barbie" to top $1 billion at the global box office. A once prolifically successful studio, Pixar has suffered at the box office in the wake of the pandemic. As a result, before "Inside Out 2," no Disney animated feature from Pixar or its Walt Disney Animation studio had generated more than $480 million at the global box office since 2019. "Inside Out 2" has also showcased how vital the family audience is to the box office.

Persons: Amy Poehler, Maya Hawke, Joy, Disney's, Michael O'Leary, Mario Organizations: Warner Bros, National Association of Theatre, Pixar, Disney, Walt Disney Animation, Mario Bros, Comcast, CNBC Locations: Disney, EntTelligence, NBCUniversal

☆ Euro 2024: Our ranking of all the games in Germany this summer
▼ + stars: | 2024-06-29 | by ( Ahmed Walid | ) www.nytimes.com time to read: +35 min

AdvertisementThis was Belgium at their finest, and Romania raised the level of their game in the second half to try to equalise. If Austria wanted to have any chance of qualifying to the round of 16 they had to beat Poland in their second group game. The wide areas were where Ukraine focused their attacks, and Oleksandr Zinchenko’s square pass to Mykola Shaparenko made it 1-1 in the second half. However, Samet Akaydin and Altay Bayindir’s mishap on the second goal decreased Turkey’s probability of a comeback. More off-ball runs in the second half led to the third, and by then the match was done and dusted.

Persons: Muldur, Arda Guler, Georges Mikautadze, Khvicha, Giorgi Mamardashvili, Kerem Akturkoglu, Ronald Koeman’s, Romano Schmid, Austria, Cody Gakpo’s, Memphis Depay, Marcel Sabitzer, Merih Demiral, Ralf Rangnick’s, Vincenzo Montella’s, Michael Gregoritsch, Alexander Prass, Christoph Baumgartner, Mert Gunok, Kvaratskhelia, Jasir Asani’s, Zlatko Dalic’s, Mario Pasalic, Luka Sucic, Marcelo Brozovic, Majer, Luka Modric, Mateo Kovacic, Ante Budimir, Andrej Kramaric, Klaus Gjasula’s, Albania’s, Dan Mullan, Gianluigi, Italy weren’t, Nico Williams, Giovanni Di Lorenzo, Kevin C, Cox, Jeremy Doku, Ivan Schranz, Kevin De Bruyne, Romelu Lukaku, Leandro Trossard, Stanislav Lobotka, Juraj Kucka, Ondrej Duda, Martin Dubravka’s, David Hancko’s, Stu Forster, Zan Karnicnik’s, Jan Oblak’s, Luka, Patrik Schick, Ondrej Lingr’s, Ivan Hasek’s, Giorgi Chakvetadze, Saba Lobjanidze, Julian Nagelsmann, Germany didn’t, —, Murat Yakin’s, Dan Ndoye, Manuel Akanji, Fabian Schar, David Raum, Christina Pahnke –, Romania Domenico Tedesco’s, Youri Tielemans, Timothy Castagne, De Bruyne, Luciano Spalletti’s, Mattia Zaccagni, Kasper Schmeichel, Rasmus Hojlund, Manuel Neuer, Joachim Andersen, Kai Havertz, Jamal Musiala, Ricardo Rodriguez, Schar, Akanji, Gianluca Scamacca, Remo Freuler’s, Ruben Vargas, RONNY HARTMANN, Gareth Southgate’s, Milan Skriniar, Denis Vavro, Lobotka, Francesco Calzona’s, David Strelec, Jude, Harry Kane, Peter Pekarik, Michel Aebischer, Aebischer, Kwadwo Duah, Hungary’s, Dominik Szoboszlai, Roland Sallai, Willi, Adam Buksa, Nathan Ake’s, Alex Livesey, Bull, Rangnick’s, Baumgartner, Marko Arnautovic, Nicolae Stanciu, Razvan Marin, Denis Dragus, Shaun Botterill, Neuer, Robert Andrich, Jonathan Tah, Antonio Rudiger, Ilkay, Steven Bergwijn, Xavi Simons, Netherlands ’, Stefan de Vrij, Virgil van Dijk, Fabian Ruiz, Rodri, Fabian, Lukas Haraslin, Hancko, Andriy Yarmolenko, Mykhailo Mudryk —, Oleksandr, Mykola Shaparenko, Shaparenko, Denmark Christian Eriksen, Jonas Wind, Eriksen, Benjamin Sesko’s, Kasper Hjulmand’s, Erik Janza’s, Carl Recine, Antonin Barak’s, Tomas Soucek —, Hungary’s Barnabas Varga, Kevin Csoboth, De Bruyne’s, N’Golo, Aurelien Tchouameni, Didier Deschamps ’, — Theo Hernandez, Jules Kounde —, Francisco Conceicao’s, Ruben Dias, Gabriel Bouys, Croatia hadn’t, Unai Simon, Nicolo Barella, Alessandro Bastoni, Rey Manaj, Havertz, Florian Wirtz, Musiala, Ryan Porteous, Scott McTominay, Tony Ralston’s, Xherdan, Kose, Bernardo Silva’s, Samet, Cristiano Ronaldo, Sesko, Diogo Costa’s, Torsten Silz, Alexander Bah, Ruslan Malinovskyi, Kylian, Ousmane Dembele, Deschamps ’, England’s, Pierre, Emile Hojbjerg, Morten Hjulmand, Marc Guehi’s, Alex Grimm, Maximilian Wober, Spain Luis de la, Dani Olmo, Ferran Torres, Marvin, Let’s, Mark Carey, Michael Cox, Michael Regan – Organizations: Golden, Memphis, UEFA Nations League, Albania, Spain, Italy, Getty, Georgia, Hungary, Croatia, Real Madrid, Denmark, Milan, Bologna, Poland, olimpico, Dumfries, Georgia openign, Valencia, Ukraine, Manchester United, Portugal, …, Turkey, B, Slovenia AET, Danish, England, Calzona, Serbia, Michael Regan – UEFA, UEFA Locations: Turkey, Georgia, Kerem, Netherlands, Austria, France, Poland, Portugal, Croatia, Italy, Albania, Pasalic, Gjasula, Spain, Gianluigi Donnarumma, Belgium, Slovakia, Doku, Slovenia, Serbia, Republic, Czech Republic, Switzerland, Germany, Romania, Youri, Modric, Denmark, England, Hungary, Dumfries, Ukraine, Ilkay Gundogan, Gakpo, AFP, Scotland, Samet Akaydin, Altay, Romanian

☆ Record summer travel is starting. What it means for airline fares and flight delays
▼ + stars: | 2024-06-28 | by ( Kaya Ginsky | ) www.cnbc.com time to read: +8 min

Mario Tama | Getty ImagesSummer air travel is expected to soar in the United States. Last summer, a record-breaking summer for airports, there were air traffic jams and near collisions amid challenges in flight coordination. Based on air traffic patterns and airport density, New York City and Florida are subject to the highest risk of backups. "There is still a shortage of air traffic controllers, but it hasn't led to the worst outcomes that we were expecting when we were talking about the shortage of air traffic control workers even a year ago." With production delays, airlines pay billions to fly less fuel-efficient and more costly and aged jets.

Persons: DAL AAL, Mario Tama, —, Ed Bastian, CNBC's, Robert Isom, Guy, Clint Henderson, Henderson, They've, hasn't Organizations: Los Angeles International Airport, Getty, Transportation Security Administration, TSA, Boeing, weren't, Delta Air, American, Federal Aviation Administration, Atmospheric Administration, Midwest, Goods, United Airlines, American Airlines, ATC, Independence, Customs, Flyers, FAA, Airbus, Labor, Southwest Airlines Locations: Los Angeles , California, United States, East Coast, U.S, New York City, Florida

☆ Summer camps are cracking down on 'Sephora kids' by banning luxury skincare products
▼ + stars: | 2024-06-28 | by ( Anna Silman | ) www.businessinsider.com time to read: +8 min

Kagan said all the kids kept asking, "Can I bring my Sephora?" Related storiesBryn Mawr has become one of several ritzy sleepaway camps — including Camp Mataponi in Maine and Tyler Hill Camp in Pennsylvania — that have sent letters discouraging or explicitly banning luxury skincare products. AdvertisementJane Kagan, left, said she knew she had a problem when fourth and fifth graders were asking her about bringing their many skincare products to camp. Tali Shustik, whose 9-year-old daughter, Jett, attends Tyler Hill, said she was "thrilled" when she got the email from Siegel discouraging beauty products at camp. While Tyler Hill hasn't enacted an all-out ban, it allows campers to bring only the products they use regularly.

Persons: Jane Kagan, she's, Kagan, Stanley quenchers, Bryn Mawr, Camp Mataponi, Tyler, who's, Bryn Mawr's, Poconos, Wendy Siegel, Tyler Hill, Tali Shustik, Jett, Siegel, retinol, Shustik, I've, Rebekah Kondrat, she'd, Stanley, Kondrat, Mario Badescu, Jessica Newman, Scatico, Newman, Tyler Hill hasn't, glumly, Tali Shustik Rebecca Waxman Wuhl, Camp Canadensis, nonessential, Charlie, Ontario hadn't, I'm, Sol, It's, Dave Benett, pushback Organizations: Somerset Camp, Girls Locations: Bryn Mawr, Pennsylvania, Maine, Boca Raton , Florida, New York, Hudson, Florida, Philadelphia, Toronto, Ontario, Janeiro, Byoma

☆ ‘The Bear’ Is a Portrait of Food Culture Run Amok - The New York Times
▼ + stars: | 2024-06-27 | by ( Aaron Timms | ) www.nytimes.com time to read: +3 min

Some time over the past few decades, a strange thing happened: We started treating chefs as temperamental rock stars and restaurants as a barometer of cultural vitality. But with growing cultural importance came heightened scrutiny of the restaurant industry’s failings: poor pay, punishing hours, a toxic culture of macho aggression and brutality. Into this environment in 2022 came “The Bear,” a show that seemed both forged in the fire of the food world’s worst excesses and determined to seek a way out of the inferno. But the televised fantasy of a better, more moral restaurant culture — with better, more moral chefs — is part of what makes the show such intoxicating entertainment. Carmy exhibits both the worst and the best elements of the tortured chef-genius archetype.

Persons: Carmen Berzatto, —, Céline, Picasso, Beethoven, David Chang, Marco Pierre White, Mario Batali, Anthony Bourdain Organizations: Mission Locations: New York, Los Angeles, Chicago

☆ Masimo activist Politan presents 'last chance' for shareholders to force change at med-tech company
▼ + stars: | 2024-06-26 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +7 min

Led by Quentin Koffey, Politan has nominated two further directors to the company's board, and says that without their election, management will continue to operate without oversight. "This is shareholders' last chance at meaningful change," Politan wrote in a letter to Masimo shareholders on Wednesday, laying out its case to investors ahead of the meeting. But governance improvements have fallen short of what shareholders deserve, Koffey wrote in the letter, noting that Masimo's board "does not review, approve or see a budget." Masimo took aggressive steps to fend off Politan, introducing bylaws to force the firm to reveal its shareholder list. "For more than two years, Politan has navigated unprecedented impediments thrown up by Masimo's board," the activist said.

Persons: MASI, Joe Kiani, Manjunath Kiran, Quentin Koffey, Politan, Masimo, Koffey, Michelle Brennan, Darlene Solomon, Bill Jellison, Stryker, it's, Kiani, Wilkins, Denon, Mario Tama, haven't, Russell, management's Organizations: Getty, Politan Capital Management, CNBC, Apple Watch, Sound United, Bowers, Sound, Shareholders Locations: Bangalore, Jan, Delaware, Caribbean, Irvine , California

NEW YORK, June 25 (Reuters) - Shares of Nvidia (NVDA.O) New Tab , opens new tab surged nearly 7% on Tuesday, snapping out of a three-session tailspin that had erased about $430 billion from the artificial intelligence chipmaker's market value. Nvidia's shares finished at $126.09, after a tumble that saw them lose around 13% from their June 18 close of $135.58. The logo of Nvidia Corporation is seen during the annual Computex computer exhibition in Taipei, Taiwan May 30, 2017. Bullishness on Nvidia was evident in the options market, though the stock's recent share price slide appears to have made traders more cautious. New Tab , opens new tabSave Share XFacebookLinkedinEmailLink Purchase Licensing Rights

Persons: Tom Hayes, it's, Hayes, Tyrone Siu, Tom Plumb, Plumb, you've, Mario Iachini, Chibuike Oguh, Saqib Iqbal Ahmed, Suzanne McGee, Medha Singh, Lewis Krauskopf, Ira Iosebashvili, Chris Reese, Aurora Ellis, David Gregorio Our Organizations: YORK, Nvidia, Great, Nvidia Corporation, REUTERS, Plumb Funds, Ortex Technologies, Vanda Research, Thomson Locations: New York, Taipei, Taiwan

☆ Oilers’ Connor McDavid wins Conn Smythe after historic playoff despite Stanley Cup Final loss
▼ + stars: | 2024-06-24 | by ( Lukas Weese | ) www.nytimes.com time to read: +3 min

And we came that close.”In 25 playoff games, McDavid recorded eight goals and 34 assists. No active player has more points in a single Stanley Cup Final than McDavid. McDavid joins Giguere, Leach, Ron Hextall, Glenn Hall and Roger Crozier to win the Conn Smythe on the losing Stanley Cup Final team. The Oilers’ loss continues a streak of Canadian-based teams not winning the Stanley Cup since 1993. Despite not lifting the Stanley Cup this season, his legacy is cemented as one of hockey’s all-time greats.

Persons: Connor McDavid, McDavid, Conn Smythe, “, ” McDavid, Wayne Gretzky, Mario Lemieux, Reggie Leach, —, Jean, Sebastien Giguere, eason, ingle, tanley, J Organizations: Oilers, Florida Panthers, Stanley, Panthers, Anaheim Mighty Ducks, ust, ince Locations: ”

☆ Euro 2024: Mattia Zaccagni’s last-gasp equalizer sends Italy through to knockout stages and breaks Croatia hearts
▼ + stars: | 2024-06-24 | by ( Matias Grez | ) edition.cnn.com time to read: +4 min

CNN —Mattia Zaccagni’s last-minute stunner earned Italy a 1-1 draw and sent the defending champion through to the last-16 of Euro 2024, breaking Croatia’s hearts in the process. Luka Modrić’s goal 10 minutes into the second half after he had just missed a penalty looked like it would be enough to earn the Vatreni a place in the knockout stages. Late dramaCroatia has proven to be a real bogey team for Italy over the years. The Azzurri hadn’t tasted victory over Monday’s opponent in their previous eight meetings, a run stretching back to November 1994. Few teams in world football know how to eke out a result when it matters the most and there will not be a country that relishes the prospect of facing this resilient Italy team.

Persons: CNN — Mattia Zaccagni’s, Luka Modrić’s, Zaccagni, Riccardo Calafiori’s, Dominik Livaković, Torres, Dani Olmo’s, hadn’t, Italy’s, La, Luka Modrić, Christophe Simon, Luka Sučić, Gianluigi Donnarumma, Mateo Retegui, Nicolò, Alessandro Bastoni, Lorenzo Pellegrini, Ante Budimir, Mario Pašalić, Davide Frattesi, Modric, Donnarumma, Ronny Hartmann, Bastoni Organizations: CNN, Italy, Croatia, Albania, La Roja, Getty Images Locations: Spain, Croatia, Italy, Croatia’s, Albania, Germany, AFP, Livaković, Getty Images Italy

☆ Disney's 'Inside Out 2' could be the first billion-dollar movie of 2024
▼ + stars: | 2024-06-24 | by ( Sarah Whitten | ) www.cnbc.com time to read: +5 min

Disney and Pixar's "Inside Out 2" could be the first film since Warner Bros.' "Barbie" to top $1 billion at the global box office. "Inside Out 2" has yet to open in Japan, which contributed nearly $33 million to the $850.5 million global total of the first film in 2015. Before "Inside Out 2," no Disney animated feature from Pixar or Walt Disney Animation had generated more than $480 million at the global box office since 2019. "'Inside Out 2's' performance is the culmination of many things," said Shawn Robbins, founder and owner of Box Office Theory. Last year, that audience came out in droves for Universal's "The Super Mario Bros. Movie," which generated more than $1.36 billion at the global box office.

Persons: Phyllis Smith, Amy Poehler, Paul Dergarabedian, Shawn Robbins, Mario, Robbins, NBCUniversal Organizations: Disney, Warner Bros, Pixar, Walt Disney Animation, Force, Mario Bros, Comcast, CNBC Locations: Japan, NBCUniversal

☆ Barbara Gladstone, 89, Dies; Art Dealer With a Personal Touch and Global Reach
▼ + stars: | 2024-06-20 | by ( Will Heinrich | ) www.nytimes.com time to read: +1 min

Barbara Gladstone, an art dealer whose eye for spotting talent and knack for nurturing it helped her to build one of the largest and most influential contemporary art galleries in New York, died on Sunday in Paris. She was 89. Her gallery said her death, in a hospital, was caused by an ischemic event, whose symptoms are similar to those of a stroke. Ms. Gladstone, who was on a working trip to Paris, lived in Manhattan. What brought these disparate artists together on her list was her abiding interest in them personally and the devoted way she husbanded their work.

Persons: Barbara Gladstone, Gladstone, Robert Rauschenberg, Keith Haring, Elizabeth Murray, Matthew Barney, Mario Merz, Alighiero Boetti, Richard Prince, Robert Bechtle, Shirin Neshat, Wangechi Mutu, LaToya Ruby Frazier Organizations: Italian Arte Locations: New York, Paris, Manhattan, Italian

☆ It takes a full year to bring one of Art Basel's most popular exhibits to life. Here's how it all comes together.
▼ + stars: | 2024-06-20 | by ( Monica Humphries | ) www.businessinsider.com time to read: +8 min

Perhaps the most popular part of Art Basel is the Unlimited sector, famous for its large-scale works. He spends the week of Art Basel conversing with gallery representatives, discussing artists' works, and planting seeds for the next exhibit. Monica Humphries/Business InsiderOnce the hall's layout is finalized, walls and lights are built and placed. Finally, the galleries and artists arrive to install their projects about four days before Art Basel begins. A view of Art Basel's Unlimited hall.

Persons: —, Giovanni Carmine, Carmine, Lutz Bacher's, David Claerbout's, Monica Humphries, Keith Haring, Miles, Allan McCollum, Julio Le Parc's, Carmine's, Seba Calfuqueo, Keith Haring's, Sam Falls, Mario, Mario Ceroli's, Faith Ringgold's, Julio Le Parc, Christo Organizations: Service, Art Basel, Kunst Halle Sankt Gallen, Business, Basel, curating, FDR Locations: Switzerland, Swiss, Basel, Art, Paris, Miami, la, Harare, Zimbabwe

☆ Family films led by 'Inside Out 2' could reignite the box office
▼ + stars: | 2024-06-19 | by ( Sarah Whitten | ) www.cnbc.com time to read: +2 min

A big piece has been missing from the box office — family films. A handful of kid-friendly hits — Universal's "Super Mario Bros." chief among them — have boosted ticket sales. So far in 2024, the domestic box office is down 23% from last year and trails 40% from 2019. More kid-friendly hits, like the coming "Despicable Me 4," could be one of the keys to a box office rebound. "Family movies come in all shapes and sizes," said Shawn Robbins, founder and owner of Box Office Theory.

Persons: Amy Poehler, Maya Hawke, Joy, Mario, Chris Johnson, Shawn Robbins, Robbins, Barbie Organizations: Disney, Star Wars, Marvel Locations: Disney, Midwestern

☆ Disease, drought and alternative fruits: The orange juice industry is in crisis
▼ + stars: | 2024-06-18 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +3 min

A worker at a citrus fruit farm separates the tangerines for sale on June 6, 2024 in Piedade dos Gerais, in Minas Gerais State, Brazil. Pedro Vilela | Getty Images News | Getty ImagesThe orange juice industry is reeling. The crisis has even prompted some orange juice manufacturers and blenders to explore whether alternative fruits, such as mandarins, apples and pears, can be used to dilute the drink. Bottles of Simply Orange orange juice are displayed for sale in a grocery store on September 28, 2023 in Los Angeles, California. High incidence of citrus greening

Persons: Pedro Vilela, Kees, Mario Tama, What's, greening, —, Greening Organizations: Getty, Vegetable Juice Association, CNBC, Intercontinental Exchange Locations: Piedade dos Gerais, Minas Gerais State, Brazil, Los Angeles , California, New York, Florida

☆ 'Inside Out 2' takes $295 million and breaks box-office records in a big boost for Disney
▼ + stars: | 2024-06-17 | by ( George Glover | ) www.businessinsider.com time to read: +2 min

Read preview"Inside Out 2" smashed box-office records this weekend, giving Disney a big boost as the summer blockbuster season kicks off. On that measure it's a better debut than "The Super Mario Bros Movie" managed and is also the biggest worldwide opening weekend of the year, Deadline reported. Latin America in particular embraced "Inside Out 2" with open arms, giving it a $61 million total across the region. Related storiesDisney also said "The Incredibles 2," released in 2018, was the only Pixar release to perform better in the US across its opening weekend. AdvertisementThe first "Inside Out" made $90 million in the summer of 2015 with a $858 million global total.

Persons: —, Mario, Disney, Shawn Robbins, Mouse, Guy Organizations: Service, Disney, Business, Pixar, Marvel Locations: America

☆ My son's video game habit worried me but it fueled his interest in coding, robots, and AI. At age 16, he won $55,000 at a science fair.
▼ + stars: | 2024-06-17 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +5 min

It helped him, especially in his science fair projects. They both used their coding skills later when they developed AI models for their science fair projects. But video games might have taken my son a step further. John and Pauline did their next science fair project together, expanding on the concept with tomato plants and a rover. John Benedict Estrada and Pauline Estrada stand in front of their science fair project at Regeneron ISEF.

Persons: —, Maria Estrada, It's, they've, John, Mario, Pauline, Dexter, Estrada's, Gordon E, Moore, John Benedict Estrada, Pauline Estrada, ISEF Organizations: Service, Fresno State, Business, Nintendo, PlayStation, Regeneron, Science, Engineering, University of California Locations: ISEF, Berkeley

☆ These are the best airlines right now, according to The Points Guy
▼ + stars: | 2024-06-12 | by ( Taylor Rains | ) www.businessinsider.com time to read: +6 min

Travel website The Points Guy published its annual list of the 10 best airlines in the US on Wednesday. Markus Mainka/Shutterstock2022 Rank: 6Best areas: Involuntary bumpsWorst areas: Route networkAdvertisement6. HUM Images/Universal Images Group via Getty Images2022 Rank: 5AdvertisementBest areas: Bags and change feesWorst areas: Lounges4. CHARLY TRIBALLEAU/AFP via Getty Images2022 Rank: 4Best areas: Route network, award availability (flights that can be booked with points or miles)AdvertisementWorst areas: Mishandled baggage and affordability3. Getty Images2022 Rank: 1AdvertisementBest areas: Timeliness and involuntary bumpsWorst areas: Affordability

Persons: —, Guy, Power, Allegiant, Here's, Elizabeth Page Brumley, Joe Cavaretta, Tom Williams, Markus Mainka, Robert Alexander, CHARLY TRIBALLEAU, Nicolas Economou, Mario Tama Organizations: Service, Business, Delta Air Lines, Alaska Airlines, United Airlines, Delta, Wall Street, TPG, Allegiant Air, Frontier Airlines, Spirit Airlines, Frontier, American Airlines, Southwest Airlines, JetBlue Airways, Hawaiian Airlines, Department of Transportation, Frontier Airlines Frontier Airlines, Las Vegas, Tribune, Getty, South Florida Sun Sentinel, Air Allegiant, US, JetBlue Airways JetBlue, Southwest Airlines Southwest, American Airlines American, United Airlines United, Delta Air Lines Delta Air Lines Locations: Delta, South, Hawaii, Pacific, Asia, US West Coast, AFP, Alaska

Mario Anzuoni | ReutersNational Amusements stopped merger discussions between Paramount Global and Skydance this week — throwing into question what's next for the legacy media giant during a tumultuous period for the industry. Bob Bakish stepped down from the top post in April and was replaced by the so-called Office of the CEO: CBS CEO George Cheeks, Paramount Media Networks CEO Chris McCarthy and Paramount Pictures CEO Brian Robbins. The deal had been awaiting signoff from Redstone, who owns National Amusements, the controlling shareholder of 77% of class A Paramount shares. National Amusements also voiced its support for Paramount's current leadership. In recent days, other potential bidders for National Amusements emerged, according to reports.

Persons: Mario Anzuoni, what's, Bob Bakish, George Cheeks, Chris McCarthy, Brian Robbins, Jessica Reif, Ehrlich, Paramount's, Skydance, Redstone Organizations: Paramount Studios, Reuters National Amusements, Paramount Global, Paramount, CBS, Paramount Media Networks, Paramount Pictures, BofA Securities, CNBC, Amusements, RedBird Capital, KKR, Redstone, National Amusements, Apollo Global Management, Sony Locations: Los Angeles, Redstone

☆ Mexico’s Leftists Won Big. Investors Are Worried.
▼ + stars: | 2024-06-09 | by ( Natalie Kitroeff | ) www.nytimes.com time to read: +1 min

A final count of votes released over the weekend suggests Mexico’s leftist governing party and its allies would capture large majorities in Congress, potentially enabling the coalition to pass sweeping changes to the Constitution. The official tally from elections last week showed that the party, Morena, and its partners appeared on their way to clinching a two-thirds supermajority in the lower house of Congress. Building those alliances “is relatively easy to achieve,” said the party’s president, Mario Delgado, in an interview. “We are now a dominant force,” Mr. Delgado added, “by the decision of the people.”The final makeup of the legislature is still unclear because a share of seats in the Mexican Congress are appointed via a system of proportional representation in August. Legal challenges could also affect how seats are allocated.

Persons: ”, Mario Delgado, “, ” Mr, Delgado Locations: Morena, Mexican

☆ The right-wing surge in EU Parliament could have implications for Europe and beyond
▼ + stars: | 2024-06-09 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +5 min

Right-wing parties across Europe have seen a surge in support over recent years and are set for record gains in the 2024 European Parliament elections. Meanwhile, an emboldened ID party could apply pressure on Parliament to alter its stance on other contentious issues. Here's a look at how these shifts could impact EU policy. "The incoming Commission and Parliament are likely to continue the trend towards greater protectionism and intervention in strategic industries, although the EU will remain an open, trade-dependent economy," they wrote. EU enlargementElsewhere, enlargement of the EU could face further setbacks with a larger euroskeptic presence in Parliament.

Persons: Sean Gallup, Armida van Rij, Chatham House thinktank, Verisk, Mario Bikarski, Laurent Balt, van Rij, Dorien Rookmaker, Balt Organizations: Getty, Populist, Sunday, Greens, European Free Alliance, European People's Party, EPP, European Conservatives, Eurasia Group, Chatham House, CNBC, Immigration, Citi, ECR, EU Locations: Europe, Ukraine, Russia, China, U.S

Nearly 78% of foreign-born men were in the labor force, compared to about 66% of native-born men. Foreign-born men had weekly earnings of $1,051, compared to $1,238 for native-born men, while foreign-born women had weekly earnings of $899, compared to $1,025 for their native-born counterparts. The foreign born were more likely to work in service, construction and maintenance jobs, among other occupations, which often pay less. Some 3.6% of the foreign born were unemployed last year – the same share as the native born. Just over 15% of foreign-born workers were White, and nearly 11% were Black.

Persons: Mario Tama Organizations: Getty, Foreign, of Labor Statistics, Labor Force, - Locations: American, Los Angeles , California, America

☆ The politics and competition driving Disney's high stakes $60 billion theme parks expansion
▼ + stars: | 2024-06-06 | by ( Paulina Likos | ) www.cnbc.com time to read: +9 min

The next wave of Disney theme park expansion in the U.S. is primed to be in California rather than Florida. The decision requires Disney to put a minimum of $1.9 billion in theme parks, lodging, entertainment, shopping and dining within 10 years. In Florida, Disney has had a more difficult time navigating the political landscape — leading to Disney World development tie-ups. In its fiscal 2024 second quarter , Disney's Parks & Experience division, which includes theme parks, resorts, cruises, hotels, and consumer products grew sales by nearly 10% to $8.93 billion and operating income by more than 12% to $2.29 billion. "Comcast's exposure to, and reliance on the Theme Parks segment is about to expand dramatically," according to MoffettNathanson.

Persons: —, Ron DeSantis, DeSantis, Bob Iger, Iger, Nelson Peltz, Jeff Marks, Disney's, Laurent Yoon, Bernstein, Yoon, Orlando, Peter Supino, Harry Potter, Supino, Jim Cramer, Jim Cramer's, Jim, Mario Tama Organizations: Disney, Republican Florida Gov, CNBC, Comcast, What's, that's, Disney's Parks, Parks, Disney Destiny, Sunshine, Universal, Wolfe Research, Universal Studios Hollywood, Wall Street, Getty Locations: U.S, California, Florida, Anaheim —, Southern California, NBCUniversal, DeSantis, Orlando, Golden, Anaheim, Anaheim , California

☆ Kylian Mbappe’s Real Madrid transfer: The full inside story
▼ + stars: | 2024-06-03 | by ( Mario Cortegana | ) www.nytimes.com time to read: +12 min

Real Madrid have been trying to land Kylian Mbappe for years — and now they finally have their man. Several meetings were held on the matter, but some senior figures at Madrid were not convinced it was a good idea. First of all, there were concerns the club’s interests could be damaged again after Mbappe’s rejection two years ago. On February 13, a Tuesday, Real Madrid played away against RB Leipzig in the first leg of a Champions League last-16 tie. In his acceptance speech, he did acknowledge Al-Khelaifi, who in 2021, 2022 and 2023 repeated that his star player would not leave PSG for free.

Persons: Mbappe, Germain, —, Madrid, Florentino Perez, “, ” Mbappe, Nasser Al, Khelaifi, ”, –, Vinicius Junior, Jude Bellingham, Perez, Jose Angel Sanchez, Sanchez, Angel Martinez, Vinicius Jr, waiving, PSG’s, Franck Fife, Carlo Ancelotti, Mbappe’s, Fayza Lamari, Mustafa Yalcin, Luis Enrique, Le Parisien, Hala Organizations: Real, Paris Saint, Santiago Bernabeu, PSG, Toulouse, Trophee des, Ligue, Athletic, Supercopa de Espana, Madrid, France, Getty, Real Madrid, RB Leipzig, Champions League, Borussia Dortmund Locations: Real Madrid, Madrid, Santiago, England, Spanish, Paris, Saudi Arabia, France, AFP, Germany, Barcelona, Anadolu, Mbappe, Monaco, Hala Madrid

☆ It’s hurricane season. Good luck getting affordable homeowners’ insurance
▼ + stars: | 2024-06-01 | by ( Samantha Delouya | ) edition.cnn.com time to read: +6 min

For decades, homeowners insurance was considered a very stable line of business for insurance companies, said Chuck Nyce, a professor of risk management and insurance at Florida State University. The US homeowners insurance industry saw net losses jump to $101.29 billion in 2023, according to the report. Only two of the 20 largest US homeowners’ insurance companies were profitable last year. Kaylee Greenlee Beal/ReutersWhile property insurance is not mandated by law, most lenders require it for mortgage holders. Last year, Florida’s state-backed Citizens Property Insurance Corp. became the 10th largest homeowners’ insurer in the US, S&P Global said.

Persons: it’s, aren’t, Chuck Nyce, Nyce, Mario Tama, ”, Lynne McChristian, policyholders, Greenlee Beal, Aris Papadopoulos Organizations: CNN, P Global, Florida State University, Volunteers, P, University of Illinois, Property Insurance Corp, Florida Locations: States, Arizona , Illinois, Utah, Lahaina , Hawaii, Hawaii, Urbana, Champaign, Florida, California, Louisiana, North Carolina, Texas, Houston, Florida’s

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