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☆ Rapid intensification, explained
▼ + stars: | 2023-08-17 | by ( Jennifer Gray | ) edition.cnn.com time to read: +14 min

So as the climate crisis forces up ocean temperatures, rapid intensification becomes more likely, pushing storms to explode at a rapid pace into deadly hurricanes, scientists say. Mike Lang/USA Today Network Workers and residents clear debris from a destroyed bar in Fort Myers on Saturday, October 1. Thomas Cordy/The Palm Beach Post/USA Today Network This aerial photo shows damaged homes and debris in Fort Myers Beach on Thursday. Wilfredo Lee/AP Jake Moses and Heather Jones explore a section of destroyed businesses in Fort Myers Beach, Florida, on Thursday. Martha Asencio-Rhine/Tampa Bay Times via ZUMA Press Wire Sarah Peterson fills sandbags in Fort Myers Beach on September 24.

Persons: ”, Phil Klotzbach, Klotzbach, ” Klotzbach, Ricardo Arduengo, Joe Biden, Jill Biden, Hurricane, Evan Vucci, Greg Guidi, Thomas Bostic, Joe Raedle, Win McNamee, Stephanie Fopiano, Kenya Taylor, Mike Lang, Giorgio Viera, Jonathan Drake, Candy Miller, Ana Kapel, Amy Beth Bennett, Meg Kinnard, Shannon Stapleton, Steve Helber, Joe Burbank, Orlando Sentintel, Alex Brandon, Jim Watson, Eva Marie Uzcategui, Bob Levitt, Thomas Cordy, Wilfredo Lee, Jake Moses, Heather Jones, Douglas R, Clifford, Tom, Jonathan Strong, Kylie Dodd, Brenda Brennan, Sean Rayford, John Raoux, Stefanie Karas, ZUMA, Ian, Marco Bello, Ben Hendren, Pedro, Reuters Melvin Phillips, Crystal Vander, Bryan R, Smith, Hurricane Ian, Greg Lovett, Stephen M, Dowell, Zuram Rodriguez, Joe Cavaretta, Crews, Ramon Espinosa, Yamil Lage, Chris O'Meara, Maria Llonch, Willie J, Allen Jr, Alexandre Meneghini, Reuters Frederic, Mary Herodet, Pete, Adalberto Roque, Phelan M, Ryan Copenhaver, Siesta, Gregg Newton, Cathie Perkins, Martha Asencio, Sarah Peterson, Andrew West, Ida, Laura, Hurricane Dorian Organizations: CNN, of Atmospheric Science, Colorado State University, North Atlantic, Getty, Fort Myers, Venice High, USA Today Network Workers, Reuters, South Florida Sun, AP, US Army National Guard, AP University of Central, Bloomberg, Texas, Force, USA, Tampa Bay Times, Zuma Workers, Orange County Government, An, AP Vehicles, NOAA, NASA, City, Naples Police, Anadolu Agency, Punta Gorda, El, El Nuevo Herald, TNS, Officials, Orlando Sentinel, AP Highways, Wednesday, Sentinel, AP People, Southwest, Tampa International Airport, Bistro, Vehicle, Kennedy Space Center, International, Costco, ZUMA Press, Louisiana, Simpson Locations: North, Matlacha , Florida, AFP, Fort Myers , Florida, Island , Florida, Fort, Fort Myers Beach, Kenya, North Port, Venice , Florida, Fort Myers, Myrtle Beach , South Carolina, South Florida, Quarterman, North Charleston , South Carolina, North Port , Florida, Sanibel, Florida, AP University of Central Florida, Orlando , Florida, Orlando, Charleston , South Carolina, New Smyrna Beach , Florida, Cape Coral , Florida, Palm Beach County , Florida, Fort Myers Beach , Florida, Naples , Florida, Orange County , Florida, Orange County, Punta Gorda , Florida, Punta Gorda, Port Charlotte , Florida, Captiva, Port Charlotte, Iona , Florida, Bonita Springs , Florida, An Orlando, Sanibel , Florida, Tampa , Florida, Punta, Tampa, Roberts, El Nuevo, Stuart , Florida, Tampa Bay, Delray Beach , Florida, The, Hurricane, Pembroke Pines , Florida, Davie , Florida, Havana, Cuba, Batabano, Pinar del Rio, St, Pete Beach , Florida, Cape Canaveral , Florida, Cuban, Fanguito, Sarasota , Florida, Havana Bay, Kissimmee, Pinellas County , Florida, Bahamas

☆ Women's World Cup: Australia dared to dream of World Cup glory, then it all slipped away
▼ + stars: | 2023-08-16 | by ( Hilary Whiteman | ) edition.cnn.com time to read: +6 min

Sydney, Australia CNN —A long, emotional day for Australian soccer fans turned into an even longer trip home when severe delays stranded thousands on train platforms at Stadium Australia after the nation’s disappointing 3-1 loss to England in the World Cup semifinal. After the match, a downcast Sam Kerr – Australia’s talismanic superstar and captain – told reporters she was lost for words. I can’t blame it all on myself, but it’s hard not to feel bad right now,” she said. “I think they played incredibly,” Skye Marshall told CNN, as she stood outside Stadium Australia with her family after the match. The day before, the Matildas will look to salve the pain somewhat and take on Sweden for third place.

Persons: Sam Kerr –, –, ”, Skye Marshall, “ They’ve, “, Harold Marshall, Lucy, Davara, Harold, Ayva Marshall, Hilary Whiteman, Anthony Albanese, Penny Wong, ” Wong, Cathy Freeman, ’, Sam Kerr’s, Kerr, Millie Bright, “ We’re, England's Alessia Russo, Asanka Brendon Ratnayake, Jennie Gannaway, Christopher, they’d, Gannaway, I’ve, Mariela Pocklington, Steph Catley, “ We’ve, We’re Organizations: Australia CNN, Australia, England, CNN, Sweden, Foreign, Twitter, Chelsea, Sydney, New Locations: Sydney, Australia, England, Skye, Newcastle, New South Wales, Spain, Sweden

☆ Here are the six trades and the two price-target changes the Club made this week
▼ + stars: | 2023-08-11 | by ( Morgan Chittum | ) www.cnbc.com time to read: +7 min

During another busy week of earnings and stock market swings, we picked our spots and made six trades, including calling up a Bullpen name. We also changed two Club price targets. Shortly after the opening bell, we trimmed some Caterpillar and booked some profits after the industrial giant's blowout earnings last week. Jim Cramer's Charitable Trust — the holdings we use for the Club — owns 315 shares of Caterpillar. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Jim Cramer's, Club —, Stanley Black, Decker, Stanley, Wolfe, Eli Lilly, Lilly, Bob Iger's, Jeff Marks, Jim Cramer, Jim, Jim Cramer Rob Kim Organizations: Caterpillar, DuPont, Revenue, Club, Management, Coterra Energy, West Texas, Wolfe Research, Halliburton, HAL, GE Healthcare Technologies, Disney, The, GE Healthcare, pharma, Big Tech, CNBC Locations: Coterra

☆ Here are the 5 price-target changes and 4 trades we made during this busy earnings week
▼ + stars: | 2023-08-04 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +7 min

In a jam-packed week of earnings, the Club executed multiple trades and elevated price targets for some of our biggest stocks. Following AMD's better-than-feared Q2 release late Tuesday, we raised our price target on the stock to $135 per share from $120. Wednesday On this relatively calm day, we reiterated our 1 rating and $110 price target on shares of Emerson Electric (EMR). Against this bullish backdrop, we raised our price target on Amazon to $160 per share, up from $140. Our previous price target was $185.

Persons: Here's, Johnson, Stanley Black, Decker, Jim Cramer, AMD's, Emerson, —, it's, Eli Lilly, LLY, Walt Disney, We'll, Jim Cramer's, Jim, Jim Cramer Rob Kim Organizations: Club, Microsoft, GE Healthcare, GE, Honeywell International, Caterpillar, Devices, Honeywell, Turnaround, AMD, Emerson Electric, National, Big Tech, Apple, Coterra Energy, Wynn Resorts, WYNN, Jim Cramer's Charitable, CNBC Locations: MSFT, GEHC, Missouri

☆ Earnings beat and raise gives this underappreciated U.S. industrial stock the boost it deserves
▼ + stars: | 2023-08-02 | by ( Zev Fima | ) www.cnbc.com time to read: +7 min

Emerson also saw better-than-expected profit margin performance and robust cash flow. Topping it all off, management raised their earnings outlook and sales growth forecast to ranges above what analysts had been expecting. As for cash flow, management offered up a slight increase to their full-year forecast, at the midpoint. Operating cash flow is now expected to be in the range of $2.5 billion to $2.6 billion (versus $2.63 billion expected) while free cash flow is expected to come in between $2.2 billion and $2.3 billion (versus $2.21 billion expected). This compares to prior operating cash flow and free cash flow targets of about $2.5 billion and roughly $2.2 billion, respectively.

Persons: outperformance, Emerson, we're, Jim Cramer's, Jim Cramer, Jim, Emerson Electric's, Timothy Aeppel Organizations: Emerson Electric, Club, Software, Control, Caterpillar, Emerson, NI, National, EV, Devices, Safety, Productivity, CAT, CNBC Locations: Marshalltown , Iowa

☆ Wall Street suddenly appears confident America will avoid a recession
▼ + stars: | 2023-07-27 | by ( Krystal Hur | ) edition.cnn.com time to read: +4 min

The Dow Jones Industrial Average index has gained 3.2% this month, outperforming the S&P 500 and Nasdaq Composite. The Dow’s gains suggest that investors are starting to buy more economically sensitive stocks as recent data show inflation slowing. That, in turn, indicates they’re becoming increasingly optimistic that the economy could avoid a recession. Conventional Wall Street wisdom says gains in the blue-chip index tend to precede rallies across the broader market. The Dow Jones Transport Average Index, an index of 20 stocks including railroad, trucker, airline and freight companies, has gained 24% this year.

Persons: ”, Adam Phillips, That’s, Bryan Mena, Read, Matt Egan, “, Patrick De Haan Organizations: CNN Business, Bell, New York CNN, Dow Jones, Nasdaq, Big Tech, Wealth, Federal Reserve, Union Pacific Corporation, Ryder System, Dominion Freight Line, Fed, New, American Automobile Association Locations: New York, Russia, Ukraine

☆ Opinion: Judge’s rejection of Hunter Biden’s plea deal vindicates Republicans
▼ + stars: | 2023-07-27 | by ( Opinion W. James Antle Iii | ) edition.cnn.com time to read: +8 min

On Wednesday, the GOP position on Hunter Biden received vindication from US District Judge Maryellen Noreika, who rejected an “unusual” plea bargain the Department of Justice had offered him. Noreika had been asked to approve to a plea deal that would have spared the president’s son prison. Hunter Biden is one reason Trump is able to survive, even thrive, under circumstances that would have felled almost any other candidate. But the voters who will decide the next GOP presidential nominee are not wrong in thinking that something about Hunter Biden’s treatment doesn’t sit right. Republican voters believe Hunter Biden is getting off with a slap on the wrist while their favored candidate is the one being hunted.

Persons: James Antle III, Hunter Biden’s, James Antle, Joe Biden’s, Donald Trump, Hunter Biden, Maryellen Noreika, Noreika, couldn’t, Joe Biden, wasn’t, Biden, he’s, It’s, Kevin McCarthy, Trump, Jack Smith, Ron DeSantis, Hunter, Hillary Clinton, John Durham, Durham, “, ” Durham, ”, Joseph Ziegler, David Weiss, Weiss, Nixon’s Organizations: Washington Examiner, CNN —, Republican, Republicans, GOP, of Justice, Trump, Democratic, Justice Department, Florida Gov, Intelligence, FBI, DOJ, IRS, CNN, Twitter, Facebook Locations: New York, Iowa, Hampshire, Russia, Trump

☆ Earnings playbook: Alphabet and General Motors lead off a busy week of reports
▼ + stars: | 2023-07-23 | by ( Fred Imbert | ) www.cnbc.com time to read: +12 min

Tuesday General Motors is set to report earnings before the bell, followed by a call at 8:30 a.m. What history shows: GM earnings beat earnings expectations 86% of the time, according to Bespoke. Alphabet is set to report earnings after the bell, with management slated to hold a call at 5 p.m. This quarter: Earnings for the tech giant are expected to have grown by 10% from the year-earlier period, per Refinitiv. What history shows: Bespoke data shows Alphabet earnings beat expectations 68% of the time, and the stock rises more than 1% on earnings day.

Persons: Michael Wayland, GM's EVs, GOOGL, Jennifer Elias, Goldman Sachs, Kash Rangan, Rangan, Peter Grom, Leslie Josephs, Max, Wells, Zachary Fadem, Jonathan Vanian, Meta, Refinitiv, Jefferies, Andy Barish, LUV, — CNBC's Michael Bloom Organizations: General Motors, Microsoft, Refinitiv, CNBC, company's, Silverado, United Auto Workers union, Investors, Management, PepsiCo, UBS, Boeing, Corporate, Twitter, Meta, Southwest Airlines, U.S, Southwest Locations: U.S, FactSet

☆ How Netflix can end the Hollywood strike in a way Disney, Paramount can't afford
▼ + stars: | 2023-07-20 | by ( Tim Mullaney | ) www.cnbc.com time to read: +10 min

"The strike is not something we wanted," said Sarandos, whose company is negotiating jointly with competing movie studios like Disney and Paramount whose parent companies also own streaming services. Some big-media companies that own streaming services, like Paramount and Disney, have seen their shares drop even in the renewed bull market of the past year. LightShed Partners analyst Rich Greenfield says Netflix made $6.5 billion last year excluding interest, taxes, and non-cash charges, while rival streaming services at Paramount, Disney and NBC lost more than $8 billion. That's a relatively small number for an industry with revenues topping $70 billion, $31.6 billion of it last year at Netflix. Paramount Global's Paramount+ service lost $1.8 billion last year, but saw losses shrink in the first quarter.

Persons: Mike Blake, Mark Mahaney, Ted Sarandos, Greg Peters, Michael Pachter, Robert Iger, Iger, CNBC's David Faber, Max, Rich Greenfield, Mahaney, hasn't, Jake Urbanski, Jamie Lumley, Peters, Spencer Neumann Organizations: Guild of America, Netflix, Alliance, Producers, Wednesday, Writers Guild of America, Screen, American Federation of Television, Radio Artists, Disney, Paramount Global, Amazon, Wedbush Securities, Television Producers, CNBC, Walt Disney Co, Sun, Paramount, Warner Bros, LightShed, NBC, Hollywood, Moody's Investors Service, Writers ' Guild of America, WGA, Twitter, Hulu, Comcast, Apple Locations: Los Angeles , California, U.S

☆ The media industry is in turmoil, and that's not changing anytime soon
▼ + stars: | 2023-07-17 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +11 min

All of this turmoil will be on investors' minds as the media industry kicks off its earnings season this week, with Netflix up first on Wednesday. Netflix, with a new advertising model and push to stop password sharing, looks the best positioned compared with legacy media giants. At the top of the list is contending with Disney's TV networks, as that part of the business appears to be in a worse state than Iger had imagined. The labor fight blew up just as the industry has moved away from streaming growth at all costs. Last week's ruling from a federal judge that Microsoft's $68.7 billion acquisition of game publisher Activision Blizzard should move forward serves as a rare piece of good news for the media industry.

Persons: Mike Blake, Bob Iger, Iger, Bob Iger's, Michael Nathanson, SVB, CNBC's David Faber, Nathanson, Producers –, Mark Boidman, Ross Benes, Benes, Comcast's NBCUniversal, Solomon, Boidman, Random, Paramount's Simon, Schuster, Tegna, Jason Anderson, Peter Liguori, Anderson, HBO Max, Homer, Marge Getty Organizations: Guild of America, Netflix, Alliance, Producers, Reuters, Disney, Disney's, Paramount Global, Comcast, Warner Bros, American Federation of Television, Radio Artists, Media, Solomon Partners, CNBC, Hollywood, Intelligence, ABC, Paramount, BET, NBC Sports, USA, Discovery, Activision, Federal Trade Commission, dealmaking, Microsoft, Tribune Media, Max, HBO, Amazon, MGM, Sky, Fox Corp, FOX Locations: Los Angeles , California, U.S, MoffettNathanson, Hulu

☆ Earnings playbook: Netflix and Tesla are set to report this week as reporting season ramps up
▼ + stars: | 2023-07-16 | by ( Fred Imbert | ) www.cnbc.com time to read: +8 min

Tuesday Bank of America is set to report earnings before the bell, followed by a call at 8:30 a.m. Morgan Stanley is set to report earnings in the premarket, with a conference call slated for 9:30 a.m. Wednesday Goldman Sachs is set to report earnings before the market opens, followed by a call at 9:30 a.m. Tesla is set to report earnings after the close, with a call slated for 5:30 p.m. What history shows: Netflix earnings have exceeded earnings expectations in seven of the last 10 quarters, FactSet data shows.

Persons: Wells, Keith Horowitz, Morgan Stanley, Morgan Stanley's, BofA's Ebrahim Poonawala, Morgan, Goldman Sachs, Marcus, Goldman, UAL, Leslie Josephs, Scott Kirby's, Tesla, Toni Sacconaghi, NFLX, AAL Organizations: Tesla, Netflix, United Airlines, JPMorgan Chase, Citigroup, JPMorgan, Tuesday Bank of America, Refinitiv, CNBC, Bank of America, Citi, Goldman, IBM, Thursday, Airlines, Northeast U.S, JetBlue, Northeast Alliance Locations: America, Wells Fargo, Newark, Northeast

☆ Wall St ends up, extends recent gains on cooling US inflation
▼ + stars: | 2023-07-13 | by ( Caroline Valetkevitch | ) www.reuters.com time to read: +4 min

Wednesday's CPI report showed U.S. consumer prices registered their smallest annual increase in more than two years. The reports have helped to support the view the Federal Reserve will stop hiking rates after an expected 25 basis points rate increase later this month. Technology-related shares provided the most support to the S&P 500, and an index of tech-focused shares including megacaps (.NYFANG) gained 2.7% and registered a record high close. Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 7, 2023. The S&P 500 posted 51 new 52-week highs and one new low; the Nasdaq Composite recorded 135 new highs and 39 new lows.

Persons: Mona Mahajan, Edward Jones, Brendan McDermid, JPMorgan Chase, Alan Lancz, Alan B, Bard, Caroline Valetkevitch, Johann M Cherian, Sinead Carew, Shashwat Chauhan, Saumyadeb Chakrabarty, Maju Samuel, Deepa Babington Organizations: Dow, Nasdaq, Federal Reserve, PPI, . Technology, Dow Jones, Nvidia, New York Stock Exchange, REUTERS, JPMorgan, Lancz, Associates Inc, Air Lines, PepsiCo, Google, Inc, U.S, NYSE, Thomson Locations: U.S, Philadelphia, New York City, Toledo , Ohio, Europe, Brazil, Bengaluru, New York

☆ Wall St ends up, extends recent gains after producer prices data
▼ + stars: | 2023-07-13 | by ( Caroline Valetkevitch | ) www.reuters.com time to read: +3 min

Wednesday's CPI report showed U.S. consumer prices registered their smallest annual increase in more than two years. The reports have helped to support the view the Federal Reserve will stop hiking rates after an expected 25 basis points rate increase later this month. "PPI is another confirmation this week that inflation continues to trend in the right direction even as we see better overall labor market and consumer data. According to preliminary data, the S&P 500 (.SPX) gained 37.73 points, or 0.84%, to end at 4,509.89 points, while the Nasdaq Composite (.IXIC) gained 219.35 points, or 1.58%, to 14,138.31. Delta Air Lines (DAL.N) shares gained after it lifted its full-year profit outlook following stronger-than-expected second-quarter earnings on a relentless post-pandemic travel boom.

Persons: Mona Mahajan, Edward Jones, JPMorgan Chase, Alan Lancz, Alan B, Bard, Caroline Valetkevitch, Johann M Cherian, Sinead Carew, Shashwat Chauhan, Saumyadeb Chakrabarty, Maju Samuel, Deepa Babington Organizations: Delta Air Lines, Federal Reserve, PPI, Nasdaq, Dow Jones, Nvidia, JPMorgan, Lancz, Associates Inc, Air Lines, PepsiCo, Google, Inc, Thomson Locations: Philadelphia, Toledo , Ohio, Europe, Brazil, Bengaluru, New York

☆ Actors union will join writers on strike, shutting down Hollywood
▼ + stars: | 2023-07-13 | by ( Sarah Whitten | ) www.cnbc.com time to read: +3 min

Hollywood actors are officially headed to the picket line. Unable to reach a deal with producers, members of The Screen Actors Guild - American Federation of Television and Radio Artists will join up with more than 11,000 already striking film and television writers starting at midnight. The failed negotiations with the Alliance of Motion Picture and Television Producers means film and television productions featuring actors will immediately halt, essentially shutting down Hollywood. "We are the victims here," said Fran Drescher, president of the actors union, during a press conference Thursday. During the strike actors will not be permitted to promote past projects through conventions, interviews or panels.

Persons: It'll, Fran Drescher, Oppenheimer, Christopher Nolan, Drescher Organizations: Guild of America, Netflix, Alliance, Producers, Hollywood, American Federation of Television, Radio Artists, Television Producers, SAG, Fox, WGA Locations: Los Angeles , California, U.S, Hollywood, London

☆ More Than Five Days Later, Fatal Cargo Ship Fire Is Out
▼ + stars: | 2023-07-11 | by ( Patrick Mcgeehan | More About Patrick Mcgeehan | ) www.nytimes.com time to read: +1 min

Firefighters and other responders had been working to suppress the fire since Wednesday night, pumping water from Newark Bay onto the towering ship and its load of 1,200 vehicles. The persistence of the fire led to speculation that some of the cars on board were electric vehicles with lithium ion batteries. But Beth Rooney, the port director, said that the ship’s manifest indicated that there were no electric vehicles on it. She said that the ship had carried new electric vehicles to Baltimore before arriving in Newark, where it took on a load of “previously owned vehicles” bound for West Africa. Two Newark firefighters, Augusto Acabou, 45, and Wayne Brooks Jr., 49, died trying to knock the blaze down.

Persons: Beth Rooney, Rooney, Augusto Acabou, Wayne Brooks Jr Organizations: Newark Locations: Newark Bay, Baltimore, Newark, West Africa, Providence, R.I

CNN —Mass shootings, like the ones that occurred Monday in Philadelphia and Fort Worth, Texas – and over the weekend in Baltimore — are not uncommon around the Fourth of July. The holiday has accounted for the most mass shootings of any other days of the year in nearly a decade, according to a CNN analysis of the Gun Violence Archive’s mass shooting data since 2014. So far, there have been at least 10 mass shootings on July 4 and 5, according to GVA. Summer days overall have higher numbers of mass shootings than other times of the year, according to CNN’s analysis. Of the top 10 calendar days with the highest number of mass shootings since 2014, all but one — New Year’s Day — was in June, July or August.

Persons: David Laughlin, WEWS, Angie Willhite, Cassondra Fovel, —, Leslie Parson Organizations: CNN, Mason, Community Center, WEWS, Akron Police Department, Sheriff’s, Twitter, Shreveport Police, WILX, Hayward Police, Metropolitan Police Locations: Philadelphia, Fort Worth , Texas, Baltimore, GVA, Akron , Ohio, Edgewood , Maryland, Harr, Edgewood, Harford, Shreveport , Louisiana, Lansing , Michigan, Hayward , California, Washington

☆ Medical spending is rising. Here’s why that could be bad news for the biggest health-care ETFs
▼ + stars: | 2023-06-15 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +2 min

A warning from UnitedHealth Group executives Wednesday that demand for medical services was rising sent insurance stocks tumbling and, in turn, hit investors who bet on health care. The biggest health-care exchange-traded fund, the $41 billion Health Care Select Sector SPDR Fund (XLV) , lost 1% Wednesday. The $17 billion Vanguard Health Care ETF (VHT) also fell about 1%. XLV 5D mountain The XLV was dragged down by insurance stocks on Wednesday. Some Wall Street analysts said the dramatic sell-off in typically stodgy insurance stocks could prove to be a buying opportunity.

Persons: John Franklin Rex, Rex, that's, Cantor Fitzgerald, Sarah James, — CNBC's Michael Bloom Organizations: UnitedHealth Group, Humana, CVS Health, Health Care, CVS, Devices, Abbott Laboratories

daily record (2003) 35: E.P.A.’s safe daily levels 377: Wednesday in New York City Source: New York City Community Air Survey and New York State Department of Environmental Conservation Data shows hourly concentrations of PM2.5 particles, measured in micrograms per cubic meter, for seven N.Y.C. The air in New York City on Wednesday wasn’t just bad by the city’s standards. It was historically bad, even compared with places around the world that generally experience much more air pollution. Wednesday’s daily average was the highest since recording in New York began in 1999. Wednesday’s pollution, of course, was not caused by a power plant or vehicles, but by major wildfires in Canada, mostly in Quebec.

Persons: San Francisco —, Eric James, James Organizations: New York City, New York City Community Air Survey, New York State Department of Environmental, Records, Protection Agency, state’s Department of Environmental, Environmental Protection Agency, University of Colorado, National Oceanic, Atmospheric Administration, Administration Locations: New York, Portland ,, San Francisco, New York City, Canada, Northern California, Quebec, North America

☆ Amazon leads declines in discretionary sector, streaming companies outperform
▼ + stars: | 2023-06-07 | by ( Sinéad Carew | ) www.reuters.com time to read: +2 min

Amazon shares deepened losses after a Wall Street Journal report said the online retailer and video streamer is planning an advertising-supported tier for its Prime Video streaming service and that it is in talks with Warner Bros Discovery and Paramount about including ad-based tiers of their streaming services through Amazon Prime Video Channels. Forrest said the move would suggest that "the Prime service isn't enough" to keep customers. Along with streaming video, Prime subscriptions also include free shipping for eligible products, which helps boost Amazon's online sales. For anyone who has dropped the Prime service, Forrest said they would "buy from somewhere else because nobody wants to pay for shipping and pretty much everybody is offering free shipping now." The S&P's consumer discretionary sector, which includes Amazon, was down 0.9%.

Persons: Chris Licht, Kim Forrest, Forrest, Sinéad Carew, Deepa Babington Organizations: Amazon.com, Warner Bros Discovery, Paramount, Amazon Prime, Warner Bros, CNN, Amazon, Bokeh Capital Partners, Thomson Locations: Pittsburgh

☆ New York City residents urged to stay indoors as unhealthy air quality from Canadian wildfires persists
▼ + stars: | 2023-06-07 | by ( Aya Elamroussi | ) edition.cnn.com time to read: +4 min

New York City public schools canceled all outdoor activities Wednesday, but will remain open. At least 10 school districts in central New York state canceled outdoor activities and events Tuesday. By 7 a.m. Wednesday, New York City’s air quality index was just below 180, a designation of “unhealthy,” according to IQair. New York City tallied to the worst air quality of any major metropolitan area Tuesday at 10 p.m., IQair’s data showed. Cities including New York, Philadelphia and Washington, DC, are expected to see their air quality improve throughout the day.

Persons: Eric Adams, IQair, ”, William Barrett Organizations: CNN, New, Carolinas, National Weather Service, New York, . New York City, Doha, Air, Canadian Interagency Forest Fire, World Health Organization, American Lung Association Locations: Canada, New York, New York City, Massachusetts , New Hampshire , Pennsylvania, Maryland, Virginia, Wednesday, . New, New Delhi, India, Qatar, Baghdad, Iraq, Lahore, Pakistan, Quebec, South Carolina, Philadelphia, Washington, Boston, Pittsburgh, Raleigh , North Carolina

Kyiv, Ukraine CNN —Three people, including a young girl, were killed in Kyiv on Thursday while desperately trying to take cover in a closed bomb shelter amid fresh Russian strikes, in an incident that sparked anger in the Ukrainian capital. This is the largest bomb shelter. “Closed bomb shelters during the war are not just indifference. “I gave a separate order to the heads of the capital’s districts to immediately check all bomb shelters,” he added. The governor of Russia’s Belgorod region, Vyacheslav Gladkov, also denied these latest claims of a border incursion.

Persons: Ihor Klymenko, …, ”, “, Yaroslav, Kateryna Didukh, Serhii Okunev, Klymenko, Oleksii, Roman Pilipey, Vitalii Klitschko, Klitschko, Klitchko, Valentyn Ogirenko, Dmitry Peskov, Vyacheslav Gladlov, Gladkov, Peskov, –, Igor Konashenkov, Vyacheslav Gladkov, ” Gladkov, Putin Organizations: Ukraine CNN, Internal, Ukraine’s National Police, Ukraine Armed Forces, Anadolu Agency, Kyiv’s, Reuters, Grad, Russian Volunteer Corps, Putin, Russia Legion, CNN, Russian Defense Ministry, Federal Security Service, Russian MoD, Russian Federation, for Russia Legion Locations: Kyiv, Ukraine, Ukrainian, Russia, Russian, Desnianskyi, Reuters Belgorod, Russia’s Belgorod, ” Belgorod, Gladkov, Belgorod –, Ukraine’s Kharkiv, –, Belgorod, Putin Russian, Moscow, Novaya Tavolzhanka, Shebekino

☆ NASA wants to use your cellphones to help identify UFOs
▼ + stars: | 2023-05-31 | by ( Chris Panella | ) www.businessinsider.com time to read: +2 min

NASA wants your help to identify UFOs and UAPs. NASA and federal officials said "imagery from smartphones is of limited value" to pin down UFOs. NASA's independent task force studying UAPs has been active since September 2022. NASA and the AARO said researchers need better, more reliable data to help categorize and identify what's behind strange sightings when they're reported in the sky. During the meeting, Kirkpatrick also said the AARO is researching how AI could help in studying, reporting, and identifying UFOs

Persons: —, Defense —, Sean M, Kirkpatrick, AARO, — Kirkpatrick, UAPs, they're Organizations: NASA, Service, Defense, Wednesday

☆ CNN's town hall with President Trump: He's set to face questions from New Hampshire GOP primary voters as legal clouds hang over his 2024 bid
▼ + stars: | 2023-05-10 | by ( Jeremy Herb | ) edition.cnn.com time to read: +4 min

CNN —Former President Donald Trump, the frontrunner for the GOP presidential nomination, will take questions from New Hampshire Republicans and undeclared voters in a CNN town hall Wednesday as myriad legal issues loom over his 2024 White House bid. New Hampshire, home to the first-in-the-nation GOP primary, is also home to many swing voters. That’s a view many GOP voters share, according to recent surveys. Ron DeSantis, has not yet officially launched a bid – Trump has maintained a healthy lead in early GOP primary polling. Wednesday’s live town hall audience will be made up of Republicans and undeclared voters who plan to vote in the GOP primary.

☆ Atlanta Prosecutors Drop Effort to Remove Defense Lawyer in Trump Inquiry
▼ + stars: | 2023-05-10 | by ( Richard Fausset | Danny Hakim | ) www.nytimes.com time to read: +4 min

The Georgia investigation could potentially result in another state-level criminal indictment of Mr. Trump, following his indictment in New York in early April. Ms. Willis indicated late last month that any indictments, initially anticipated in May, would not come until mid-July at the earliest. Ms. Willis also said at the time that Ms. Debrow was representing people who were making accusations against another one of her clients, amounting to an untenable conflict. He was, for a time, Ms. Debrow and Ms. Pierson’s client, but is now represented by Ms. Pierson and another lawyer. Both Ms. Pierson and Ms. Debrow have been paid by the state Republican Party.

☆ Phoenix Dismantles a Homeless Encampment, One Block at a Time
▼ + stars: | 2023-05-10 | by ( Jack Healy | ) www.nytimes.com time to read: +1 min

PHOENIX — Rebecca Sutton has no love for her patch of “the Zone,” a sprawling homeless camp on the edge of downtown Phoenix. There are overdoses and shootings, the sidewalk where she sleeps reeks of urine, and someone once burned down her tent. But now, moving day was looming, and Ms. Sutton did not know where else to go. In March, a judge declared the Zone a “public nuisance” and ordered Phoenix to clear out the area by mid-July. The city is planning to do so block by block, carrying out what it calls an “enhanced cleaning,” starting with Ms. Sutton’s corner at Ninth Avenue and Washington.

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