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Grief flows along river, click to cancel, worm warfare: Catch up on the day's stories

Grief flows along river, click to cancel, worm warfare: Catch up on the day's stories

CNN2 days ago
👋 Welcome to 5 Things PM! Canceling your gym membership in the US probably won't get easier anytime soon. An appeals court blocked a rule that would have required businesses to make it as easy for people to end their subscriptions and memberships as it is to sign up.
Here's what else you might have missed during your busy day.
For generations, the beloved Guadalupe River has been a haven of adventure and joy in the heart of Texas. After this week's catastrophic flooding, surrounding communities are trying to pick up the pieces, and the river has become a source of grief with an uncertain future.
Linda Yaccarino is stepping down as CEO after two years leading Elon Musk's social media company. Her rocky tenure was marked by several public relations crises and challenges from new competitors, including Bluesky and Threads.
Two trends have emerged at the Supreme Court in recent weeks: President Donald Trump is on a winning streak, and Ketanji Brown Jackson — the junior-most justice — is having none of it. She has emerged as the court's leading dissenter.
It's looking increasingly likely that any sale of TikTok will require people in the US to download a new app, which may launch in a matter of weeks. That could mean an almost entirely different experience for 170 million American users.
Hundreds of millions of flies dropping from planes in the sky sounds like a nightmare. But experts say that could be the livestock industry's best defense against a flesh-eating threat poised to invade the southwestern US.
GET '5 THINGS' IN YOUR INBOX
If your day doesn't start until you're up to speed on the latest headlines, then let us introduce you to your new favorite morning fix. Sign up here for the '5 Things' newsletter. 🗑️ Gobs of garbage: Drone footage shows piles of trash overflowing into Philadelphia's streets after thousands of workers went on strike July 1 seeking better pay and benefits. The city and the employees just reached a deal.
Trump threatens 50% tariffs on Brazil if it doesn't stop the Bolsonaro 'witch hunt' trial
HHS abruptly calls off meeting of expert panel on preventive care, raising questions about its future
Why an obscure provision in Trump's big agenda bill has gamblers crying foul 💄 Stunning transformations: From Madonna to Jack Nicholson, performance artist Alexis Stone attends Paris Fashion Week impersonating some of the world's most famous celebrities. CNN got a glimpse behind the making of his latest look.
💰 That is Nvidia's market value, beating out Apple and Microsoft to become the first publicly traded company to reach that milestone.
🏛️ The Trump administration just sued which state over a law allowing transgender students to play on sports teams of their choice?A. CaliforniaB. New YorkC. PennsylvaniaD. Illinois⬇️ Scroll down for the answer.
🏎️ F1 shakeup: Red Bull team principal Christian Horner has been fired after 20 years. The team enjoyed tremendous success under his leadership, but recent controversies had led to questions about Horner's future.
❤️ Love across the Pacific: When Andrew and Shallen first met on a summer day in Yellowstone, it was a mix of love at first sight and stranger danger. But with the help of poor Mandarin, scheduled video calls and a night of peach cobbler, a modern romance was born.
👋 We'll see you tomorrow.🧠 Quiz answer: A. The lawsuit alleges that a California law violates Title IX, the federal law that prohibits sex-based discrimination at schools that receive federal aid.📧 Check out all of CNN's newsletters.
Today's edition of 5 Things PM was edited and produced by CNN's Kimberly Richardson, Sarah Hutter and Chris Good.
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We Visited a U.S. Outpost of China's Luckin Coffee. Here's What We Saw.
We Visited a U.S. Outpost of China's Luckin Coffee. Here's What We Saw.

Yahoo

time20 minutes ago

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We Visited a U.S. Outpost of China's Luckin Coffee. Here's What We Saw.

Luckin Coffee, which has thousands of shops in China, recently opened two in New York City. On a recent visit to one, Investopedia found some curious drinkers—as well as someone who had already made the place part of their routine. The Luckin experience is centered largely around the company's app, rather than an attempt to create a coffeeshop Yorkers thirsting for a taste of China's top coffee company are in luck. Luckin Coffee, which has more than 24,000 shops in China, earlier this month opened its first two U.S. cafes in Manhattan. During a Tuesday morning visit to one, near New York University, customers said they were curious about both the company and a storefront they had watched take shape on their commutes. 'I did some research, and I saw, okay, this is the equivalent of Starbucks—the Chinese version,' said Shazia Amin, 52, a Brooklyn resident. 'So I do need to try it.' Luckin went public in the U.S. in 2019. The chain's momentum, however, came to a halt—and it was kicked off the Nasdaq—after an internal investigation determined executives had inflated its finances. Now traded over-the-counter in the U.S., Luckin has regrouped. In addition to its Chinese stores, it has about 65 locations in other Asian countries, according to a company presentation, along with its New York City shops. Roughly a dozen people milled around the shop early Tuesday. The store played jazzy low-fi, but lacked the chatter characteristic of a city cafe: Most customers were focused on their phones, likely because orders must be placed via app. When an order is ready, customers scan a barcode on their phone and pick up items waiting on the counter. The app was a defining feature of Luckin from the get-go. Its founder, Jenny Quian, led a ride-hailing company and set out to apply that model to the coffee industry in 2017, according to The Wharton School at the University of Pennsylvania. With relatively light spending on headcount and real estate, Luckin surpassed Starbucks' footprint in China within two years, Wharton found. Luckin's app initially estimated that it would take six minutes to prepare the coconut latte and blood orange cold brew this reporter ordered. But a text message arrived after four minutes, announcing the beverages were ready. Kalei Gregg, a 21-year-old NYU student, called the cashierless outpost 'definitely different, but I kind of like it. It's fast, convenient.' Gregg, who said she likes Luckin's 'really sweet' matcha tea, was visiting for a fifth straight day. Lawrence Aiello, 36, said he was worried that the app would collect data on him, but downloaded it when he saw that Luckin was offering discounted drinks. Aiello said he liked the 'strong' cold brew, but would probably delete the app. 'I have enough apps on my phone,' he said. Luckin was giving customers their first drink for $1.99, though items typically cost a few dollars more. Prices range from $3.45 for a drip coffee–it was sold out by 10 a.m. when Investopedia visited–to $7.95 for a 'vital kale" drink with fruit and jasmine. The menu includes familiar drinks, such as americanos, lattes, cappuccinos, cold brews, frappes, and a few dessert and breakfast foods. Some of Luckin's most popular beverages, including coconut lattes and drinks with a velvet milk blend, may be new to many Americans. Luckin–and other cafes with relatively low prices–have cut into Starbucks' sales in China, Starbucks executives have said. Luckin had an 8.1% year-over-year increase in same-store sales at company-operated cafes in the quarter ended in late March, the company said. That quarter, Starbucks reported comparable store sales for company-run shops were flat compared to a year prior. Starbucks CEO Brian Niccol has said that improving sales in China is less of a priority than reviving its American business. Starbucks has begun exploring the possibility of selling part of its Chinese business, and received a number of potential offers. Read the original article on Investopedia Sign in to access your portfolio

Homes in Sussex County sold for higher prices recently. See how much here
Homes in Sussex County sold for higher prices recently. See how much here

Yahoo

time24 minutes ago

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Homes in Sussex County sold for higher prices recently. See how much here

Newly released data from for April shows that potential buyers and sellers in Sussex County saw slightly higher home sale prices than the previous month's median of $460,000. The median home sold for $461,250, an analysis of data from shows. That means April, the most recent month for which figures are available, was slightly up from March. Compared with April 2024, the median home sales price was up 1.8% compared with $452,915. sources sales data from real estate deeds, resulting in a few months' delay in the data. The statistics don't include homes currently listed for sale and aren't directly comparable to listings data. More: Homes in Kent County sold for lower prices recently: See how much here Information on your local housing market, along with other useful community data, is available at Here is a breakdown of median sale prices: Looking only at single-family homes, the $451,000 median selling price in Sussex County was down 5.1% in April from $475,000 the month prior. Since April 2024, the sales price of single-family homes was slightly up from a median of $450, single-family homes sold for $1 million or more during the month, compared to 25 recorded transactions of at least $1 million in April 2024. Condominiums and townhomes increased by 17.7% in sales price during April to a median of $502,450 from $426,995 in March. Compared with April 2024, the sales price of condominiums and townhomes was up 7.4% from $467,750. Eight condominiums or townhomes sold for $1 million or more during the month, compared with 12 recorded transactions of at least $1 million in April 2024. In April, the number of recorded sales in Sussex County dropped by 18.5% since April 2024 — from 466 to 380. All residential home sales totaled $240 million. Across Delaware, homes sold at a median of $375,000 during April, a slight decrease from $376,250 in March. There were 987 recorded sales across the state during April, down 18.8% from 1,215 recorded sales in April 2024. Here's a breakdown for the full state: The total value of recorded residential home sales in Delaware decreased by 11.1% from $517.3 million in March to $460 million this April. Out of all residential home sales in Delaware, 4.96% of homes sold for at least $1 million in April, up from 4.36% in April 2024. Sales prices of single-family homes across Delaware increased by 2.5% from a median of $390,000 in March to $399,900 in April. Since April 2024, the sales price of single-family homes across the state was up 3.9% from $385,000. Across the state, the sales price of condominiums and townhomes dropped 2% from a median of $325,000 in March to $318,450 during April. The median sales price of condominiums and townhomes is down 9.8% from the median of $353,000 in April 2024. The median home sales price used in this report represents the midway point of all the houses or units listed over the given period of time. The median offers a more accurate view of what's happening in a market than the average sales price, which would mean taking the sum of all sales prices then dividing by the number of homes sold. The average can be skewed by one particularly low or high sale. The USA TODAY Network is publishing localized versions of this story on its news sites across the country, generated with data from Please leave any feedback or corrections for this story here. This story was written by Ozge Terzioglu. Our News Automation and AI team would like to hear from you. Take this survey and share your thoughts with us. This article originally appeared on Delaware News Journal: Homes in Sussex County sold for higher prices. See how much here

10 Reasons to Buy and Hold This High-Yield Utility Stock Forever
10 Reasons to Buy and Hold This High-Yield Utility Stock Forever

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time24 minutes ago

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10 Reasons to Buy and Hold This High-Yield Utility Stock Forever

NextEra Energy is a regulated utility. The company is also a clean energy giant. NextEra Energy's unique portfolio of businesses sets it up for strong long-term dividend growth. 10 stocks we like better than NextEra Energy › NextEra Energy (NYSE: NEE) hails from the utility sector, but it's anything but a boring dividend stock. And yet, if you like dividends, you'll likely find NextEra Energy an attractive investment. And if you like utilities, it can help supercharge what might otherwise be a relatively sleepy list of holdings. Here are 10 reasons you might want to buy and hold this unique utility stock forever. The core of NextEra Energy is its regulated utility operation. That is largely made up of Florida Power & Light, the largest utility in the Sunshine State. Florida has long benefited from in migration, which naturally tilts the foundation of NextEra Energy's business toward slow and steady growth. On top of the core utility operation, NextEra Energy has built one of the world's largest providers of solar and wind power. So this "boring" utility is positioned well to grow along with the world's increasing demand for cleaner power alternatives. One big benefit of mixing a strong and reliable core operation with a growth-oriented business has been dividend growth. Over the past decade, NextEra Energy increased its payouts at a rapid 10% pace, on an annualized basis. Half of that would be good for a utility. And 10% payout growth would be good for just about any company. This is a stock that dividend growth investors could easily fall in love with. But don't think that 10 years of dividend growth is all you get here. NextEra Energy's dividend-hiking streak goes back 31 years. In other words, this utility has been growing its dividend reliably for over three decades, which should make more conservative income investors pretty happy, too. The only problem an income investor might have is that NextEra Energy's yield isn't the highest in the utility sector. But at 3.2%, it is above the sector's 2.8% average. So while you can certainly find higher yields, you aren't getting shortchanged on yield if you buy NextEra Energy. Political winds shift over time, and right now, federal government support for clean energy investment is waning in the United States. But the transition from carbon fuels to renewable options like solar and wind is not a short-term trend. Notably, NextEra currently has a 28-gigawatt pipeline of projects to work on, as well as another 300 gigawatts of potential opportunities after those projects are done. Energy transitions take decades, and there is likely to be a material runway for growth ahead for NextEra Energy. That annualized dividend growth rate of 10% over the past decade is the past. What about the future? Management is forecasting 10% dividend growth in 2025 and 2026, backed by expected adjusted earnings growth of 6% to 8%. The earnings growth being projected, however, goes out to 2027. And both of those company projections are based on the strong growth being delivered in clean energy. In other words, it seems likely that NextEra Energy's dividend-hiking streak will continue for at least the next several years, if not longer. NextEra Energy's regulated utility operations provide a strong foundation for the business. But that's not the only way in which the company's foundation can be viewed. The entire business is backed by an investment-grade rated balance sheet. So this is a strong business that is also financially strong. In addition to having a rock-solid balance sheet, NextEra Energy also has a very reasonable dividend payout ratio of 66%. That may sound high to some investors. However, utilities tend to have higher payout ratios in general, and NextEra's ratio leaves it with plenty of room for adversity and for continued growth. A key factor to keep in mind is that its cash flows tend to be highly reliable, given that a significant portion of its business is effectively a monopoly in the regions where it operates. The final reason to appreciate this stock relates to the big-picture view of the world that NextEra Energy operates within. Between 2000 and 2020, U.S. power demand grew by a total of 9%. Between 2020 and 2040, demand is projected to increase by 55%. That step change in demand growth will support not just the company's clean energy ambitions but also its regulated operations. So NextEra Energy is a fast-growing business in a sector that appears to be headed for a sustained growth spurt. The political shift in Washington has investors worried about clean energy stocks. NextEra Energy's share price has been hit by that negativity, which has pushed its yield up to attractive levels. Historically, the stock has been afforded a premium valuation by investors, which has kept its yield below the industry average. So if you're thinking long term, now would be a good time to consider adding NextEra Energy to your dividend portfolio. Before you buy stock in NextEra Energy, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and NextEra Energy wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $674,432!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,005,854!* Now, it's worth noting Stock Advisor's total average return is 1,049% — a market-crushing outperformance compared to 180% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of July 7, 2025 Reuben Gregg Brewer has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends NextEra Energy. The Motley Fool has a disclosure policy. 10 Reasons to Buy and Hold This High-Yield Utility Stock Forever was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

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