Latest News in Business
Yahoo
28 minutes ago
- Business
- Yahoo
Afternoon Briefing: Woman accused of using ICE to avoid drug case is detained
Good afternoon, Chicago. A judge ordered a British woman to remain jailed today after she was accused of trying to get herself deported to evade trial, finding too much risk that her release would result in her fleeing home or being sent there by immigration authorities. Kimberly Hall, 29, is facing felony charges of drug trafficking and possession with intent to deliver after she was arrested Aug. 19 at O'Hare International Airport with nearly 100 pounds of cocaine. She was initially released on electronic monitoring while her case was pending. Here's what else is happening today. And remember, for the latest breaking news in Chicago, visit and sign up to get our alerts on all your devices. Subscribe to more newsletters | Asking Eric | Horoscopes | Puzzles & Games | Today in History This past Memorial Day weekend saw an overall decrease in gun violence compared to last year, according to Chicago police data. Read more here. More top news stories: Lawmakers consider fixes to energy policy that's been outpaced by power-hungry technology Indiana University closes DEI offices and ends programs on all campuses Photos: Memorial Day weekend in Chicagoland It's the last day to book a flight on Southwest Airlines without being hit with a fee to check bags after the airline abandoned a decades-long luggage policy that executives once described as key to differentiating the budget carrier from its rivals. Read more here. More top business stories: Skokie's LanzaTech to lay off 44 and downsize, despite honors for innovation Trump indicates support for Nippon Steel's bid for U.S. Steel Adrian Houser made 23 appearances last season with the New York Mets. Yesterday, he was on the mound for the White Sox facing his former team at Citi Field. Read more here. More top sports stories: Caitlin Clark out at least 2 weeks with quad strain — so Indiana Fever star will miss UC game vs. Chicago Sky Napoli or Roma: Which Italian soccer club does Pope Leo XIV support? My Pi, the pizzeria founded on deep dish in Chicago, which once had 17 restaurants across the country, will close its last shop after 54 years next month. Read more here. More top Eat. Watch. Do. stories: Tinley Park and the Park District pair up after spat on Fourth of July fireworks Photos: Sueños Music Festival 2025 A 53-year-old British man who injured 65 people when he plowed his vehicle into a crowd of Liverpool soccer fans celebrating their team's Premier League championship has been arrested on suspicion of attempted murder, police said today. Read more here. More top stories from around the world: Trump administration moves to cut $100 million in federal contracts for Harvard Mary Lou Retton, US gymnastics icon who survived health scare, arrested on suspicion of DUI
Bloomberg
28 minutes ago
- Business
- Bloomberg
Skittles Removes Controversial Additive Targeted by RFK Jr.
By and Will Kubzansky Save Mars Inc. 's Skittles candies are no longer being made with titanium dioxide, a chemical that whitens foods, brightens colors and makes candy appear shiny, the company confirmed to Bloomberg News. The additive was banned in the European Union in 2022 over concerns that nanoparticles of the substance might accumulate in the body and damage DNA. It has also come under scrutiny by the Department of Health and Human Services in recent months under Secretary Robert F. Kennedy Jr.
28 minutes ago
- Automotive
Alfa Romeo's Next Quadrifoglio Models Will 'Surprise You'
Alfa Romeo has officially ended production of the beloved Giulia and Stelvio Quadrifoglio models. They will be missed. That said, the company is still producing other iterations of the current Giulia and Stelvio while it prepares the new models . Over the weekend at the Concorso d'Eleganza Villa d'Este, Alfa Romeo boss Santo Ficili sat down with our colleagues at Motor1 Italia , and confirmed the next Quadrifoglio models would both have combustion and electric power. Ficli told Motor1 Italia that Alfa Romeo is set to "surprise you" with these new models. Our colleagues asked if these cars would use Maserati's "Nettuno" V-6—itself a development of the outgoing Alfa V-6—and while Ficili wouldn't confirm it, it seems like a real possibility. Outgoing Alfa Romeo Giulia Quadrifolio But, we might have to wait for some time. Both the Giulia and Stelvio are moving to Stellantis' STLA Large platform, which currently underpins the new Dodge Charger and the Jeep Wagoneer S. Initially, Alfa Romeo planned for the entire brand to be all-electric by 2027, but in response to slower-than-anticipated demand for EVs, it's now working on hybrid versions of the Giulia and Stelvio . The STLA Large platform is designed for both internal-combustion and battery-electric powertrains. But, the late addition of gas power could delay Alfa's launch of the new Giulia and Stelvio entirely. Assuming that Quadrifoglio models won't arrive at launch, that means we'll have to wait even longer still. How long? The Stelvio launch could be pushed back from later this year to later in 2027. More on Alfa Romeo The Alfa Romeo 8C Is Back. But Not as You Remember It Alfa Romeo Won't Make a Sports Car Unless You Keep Buying SUVs Get the best news, reviews, columns, and more delivered straight to your inbox, daily. back Sign up For more information, read our Privacy Policy and Terms of Use . Share this Story Facebook X LinkedIn Flipboard Reddit WhatsApp E-Mail Got a tip for us? Email: tips@ Join the conversation ( )
The Spinoff
29 minutes ago
- Business
- The Spinoff
Why messing with NZ Super remains political dynamite
Universal super at 65 is increasingly unsustainable, but any attempt to change it will attract fierce political blowback. What's a government to do, wonders Catherine McGregor in today's extract from The Bulletin. No cuts to super – but everything else is on the table Last week's budget delivered a raft of cost-cutting measures, from halving the KiwiSaver member tax credit to tightening access to the Best Start payment. But superannuation was conspicuously untouched – a move that came as no surprise, given NZ First's long-standing defence of the universal pension. High-income earners who can no longer access the KiwiSaver contribution remain fully entitled to super, a benefit projected to cost nearly $25 billion this year and rise to over $45 billion by 2037. Critics have pounced on the apparent double standard, reports RNZ's Susan Edmunds. As economist Shamubeel Eaqub put it: 'It's incoherent … incentives for Kiwis to save for their future [are] means-tested, but New Zealand Super, which is universal welfare for older people, is untouched.' National's slow path to raising the age While ruling out means-testing, both prime minister Christopher Luxon and finance minister Nicola Willis have reiterated National's plan to raise the super age – eventually. The party's policy is to keep the current entitlement age of 65 until 2044, after which it will rise gradually to 67. No one born before 1979 would be affected. In the NZ Herald (paywalled), Fran O'Sullivan argues that such a distant target is little more than political theatre. She contrasts Luxon's timidity on the issue with former National PM Jim Bolger, who methodically raised the age from 60 to 65 over a nine-year period. O'Sullivan notes that Bolger 'managed to convince New Zealanders that a gradual increase … was plain commonsense' at a time when life expectancy was increasing. By contrast, today's leaders seem content to avoid political pain, she writes, even as super becomes an increasingly heavy burden on the budget. One millennial's wail of despair The idea of delaying retirement might make sense on paper – but it's enough to send some younger New Zealanders into an existential tailspin. Writing in The Spinoff this morning, Hayden Donnell delivers a howl of generational frustration: 'Millennials have spent their formative years selling kidneys to pay rent on a draughty villa and getting bullied by gen Z for admittedly being huge losers. They'll spend the next 20 helping fund their parents' generation's Mediterranean cruises. Surely after that they can have a break? I guess not.' Donnell's broader point is that policies like lifting the super age hit those with lower life expectancies and more physically demanding jobs hardest. And while life expectancy has barely moved in recent years – and is even declining in some countries – the financial squeeze on younger generations is intensifying, just as the likelihood of a guaranteed super at 65 starts to fade. Or, in other words: 'Come on man how much shit can people under the age of 40 have shovelled onto them from a great height god damn it christ on a bike argh argh argh no.' 'You can touch anything else. Do not touch my pension' Two of New Zealand's most prominent right-leaning commentators have also weighed in – and their take is not encouraging for National. In his Mike's Minute, Mike Hosking warned that voters' emotional attachment to super far outweighs any argument of fiscal prudence. 'For many, superannuation is untouchable. It's a lifetime's worth of work. 'I paid my taxes' they say, even though that line isn't actually real because we spent your taxes years ago and then borrowed a bit more to keep the lights on.' Hosking's Newstalk ZB colleague Heather du Plessis-Allan was even more emphatic: 'Don't touch my pension. You can touch anything else. Do not touch my pension.' Despite advocating for cuts to almost every other form of welfare, she drew a hard line at super, arguing that she and millions like her had earned it through years of tax contributions. 'So, good luck to Chris Luxon getting this one across the line,' she wrote. With opposition like that from his own ideological camp, Luxon may find that even floating the idea of reform is as far as it goes.
Forbes
29 minutes ago
- Business
- Forbes
The Liga Argentina Is Set To Crown A New Champion
Franco Zapiola of Platense celebrates with teammate after scoring the team's first goal during a ... More Torneo Apertura Betano 2025 semifinal match between San Lorenzo and Platense at Pedro Bidegain Stadium on May 25, 2025 in Buenos Aires, Argentina. The 'Liga Profesional de Fútbol' in Argentina will crown a new national champion this Sunday when Huracán take on Platense in Santiago del Estero, Argentina. The likes of River Plate and Boca Juniors have fallen, but the mighty minnows remain. Technically this final will be a Buenos Aires derby, but in truth these teams have got no bad blood and there are that many teams in the capital of Argentina that rivalries tend to be with those who share neighbourhoods and not the city. This encounter will be monumental either way, as it represents an extremely rare opportunity for both clubs to win silverware. This is a once in a generation chance for Huracán to win the league title, and a once in a lifetime chance for Platense. Just 90 minutes, and perhaps a penalty shoot-out, separates one of these clubs from the ultimate glory and it has been coming for a very, very long time. Huracan's Ecuadorean goalkeeper #01 Hernan Galindez (L) celebrates with teammate forward #43 Eric ... More Ramirez after the penalty shootout and winning the Argentine Professional Football League 2025 Apertura Tournament semi-final match between Independiente and Huracan at the Libertadores de America stadium in Avellaneda, Buenos Aires province, Argentina. Huracán hasn't won a title since 2014, and the club hasn't won a league campaign since 1973. That was the most recent of five top division titles, with the rest all coming between 1921 and 1928. Huracán has reached the final after a dramatic penalty shoot-out win away against Independiente in the semis. Another twist in the tale of what has been an epic play-off tournament in Argentina. In the quarter-finals Huracán won away against Rosario Central, who is top of the annual table in Argentina for 2025, so nobody can suggest that the 'Globo' doesn't deserve a spot in this final. Huracán is on an impressive defensive run, boasting three consecutive clean sheets, but the team still has to host Corinthians of Brazil in the Copa Sudamericana before the final this weekend. Thankfully for the home side it has already secured progression from the Copa Sudamericana group phase and so will surely rest players ahead of Sunday's league decider. Players of Huracan celebrate after the penalty shootout and winning the Argentine Professional ... More Football League 2025 Apertura Tournament semi-final match between Independiente and Huracan at the Libertadores de America stadium in Avellaneda, Buenos Aires province, Argentina on May 24, 2025. If you thought that the Huracán wait for a major trophy was a long one then you haven't read anything yet. Platense has never ever won a major title. Since it was founded in 1905 the club from the north zone of Buenos Aires has only ever had success in moving from the second division to the first. Therefore Sunday is an even bigger deal for the team known as the 'Calamar.' Victory this weekend, for sure, would be a miracle for the team that plays in the unique brown jersey. Oscar Salomon of Platense runs with the ball against Santiago Solari of Racing Club during a Torneo ... More Apertura 2025 round of sixteen match between Racing Club and Platense at Presidente Peron Stadium on May 10, 2025 in Avellaneda, Argentina. Platense is a relatively tiny club, even compared to Huracán which isn't one of the 'big five' in Argentina. The Platense stadium holds under 30,000 spectators but is normally half-full at the very best. It is a team looked down upon by the others and one that usually has to sell any blossoming talent just to remain in existence. Platense has already completed a historic play-off run to the final, winning all three knock-out games away from home. In defeating Racing Club, River Plate and San Lorenzo in those fixtures Platense managed to beat three of the 'big five' teams in Argentina. It's a remarkable run of form defying all the odds. The key for Platense has been staying solid at the back, conceding just one goal in those three games via a River Plate penalty. Platense does not play in continental competition and so has all week to prepare for the biggest game in its 119-year history. This is an incredible underdog story for a club that has never come close to silverware and a squad that has only won six league games from 16 this season. Platense's midfielder #10 Vicente Taborda celebrates scoring his team's first goal during the ... More Argentine Professional Football League 2025 Apertura Tournament quarter-final match between River Plate and Platense at the MAS Monumental stadium in Buenos Aires on May 20, 2025. Having said that, Huracán only lead Platense by four points in the annual table. Both teams were overlooked by everyone as title contenders but Platense's run to the final has been so outstanding that you might just believe that their name is on the trophy this year. If recent games are anything to go by this will be an extremely tense and low-scoring affair, but for the fans of both clubs it will be a huge party, and perhaps even the best day of their lives as soccer fans. For the majority of Huracán supporters it could be the first major trophy they witness their team winning, and of course for Platense it would finally be the first in the history of the entire club. The league structure in Argentina is often rightfully criticised, but this incredible final is a very welcome symptom of such mayhem, and either way; soccer history will be made in Argentina this Sunday. Platense's forward #26 Ignacio Schor celebrates after scoring during the penalty shootout and ... More winning the Argentine Professional Football League 2025 Apertura Tournament quarter-final match between River Plate and Platense at the MAS Monumental stadium in Buenos Aires on May 20, 2025.
