crime stoppers
August 26, 2014
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In an effort to lower the number of smartphone thefts, California Gov. Jerry Brown (D) signed a bill Monday that will require phones sold in the state to have "kill switches" that can remotely make the device inoperable.

It is the first law of its kind in the country, the San Francisco Chronicle reports. Starting in January 2015, all smartphones must have the feature enabled under their default settings, and consumers will have to go in and turn it off if they so desire.

"California has just put smartphone thieves on notice," State Sen. Mark Leno (D) of San Francisco told the Chronicle. "Our efforts will effectively wipe out the incentive to steal smartphones and curb this crime of convenience, which is fueling street crime and violence within our communities."

A Consumer Reports survey found that in 2013, more than 3.1 million Americans had their smartphones stolen, up from 1.6 million in 2012. Catherine Garcia

just when you thought it was safe to go back in the movie theater
9:09 a.m. ET

The original summer blockbuster is heading right back into movie theaters. To celebrate the 40th anniversary of Jaws, Turner Classic Movies is partnering with Universal to bring the Steven Spielberg classic back to the big screen in theaters across the country.

Jaws will play in nearly 500 theaters across the United States on Sunday, June 21 and Wednesday, June 24. Each screening will be preceded by a special introduction from TCM host Ben Mankiewicz, describing Jaws' overall influence and legacy. You can check here to see if it's playing at a theater near you. Scott Meslow

This just in
8:55 a.m. ET
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The resurgent U.S. economy might not be surging after all. The U.S. Commerce Department said on Friday that the country's Gross Domestic Product contracted by 0.7 percent in the first quarter, instead of growing by 0.2 percent, as it had previously reported. Economists blamed the news on bad winter weather and trade imbalances caused by a strong dollar.

"This isn’t the off-to-the-races kind of expansion we envisioned six months ago,” Scott Anderson, chief economist at Bank of the West in San Francisco, told The New York Times. Citing a shrinking unemployment rate and a housing market comeback, other economists cautioned against reading too much into the numbers. Nico Lauricella

The subtlety of politics
8:42 a.m. ET

You really have to see this video to believe it. Produced by the pro-Paul America's Liberty PAC, this wrestling-themed 2016 campaign video features a fire-breathing bald eagle, a jacked-up and shirtless Rand Paul dubbed "The Rand Man," President Obama as "the head of the Washington spy machine," and Sen. Ted Cruz as "the capitulating Canadian." Oh, and like any good wrestling-themed promo, it includes a dutifully growly "Sunday, Sunday, Sunday!"

America's Liberty PAC was founded "by veterans of both the Ron Paul presidential campaigns of 2008 and 2012 and veterans of Rand Paul’s 2010 U.S. Senate campaign," and is "the only super PAC endorsed by Senator Paul." Ben Frumin

rescues
8:20 a.m. ET
Drew Anthony Smith/Getty Images

Emergency responders rescued dozens of people from continuing flash floods in Texas early Friday. Flood alerts stretch nearly 800 miles from southern Texas to central Missouri. Texas is facing its wettest May on record. At least 23 people have died in flooding and tornadoes caused by severe storms across Texas and Oklahoma in the past week. Another 14 were killed in northern Mexico. About 56,100 Texans remain without power. Read more at CNNHarold Maass

2016 fever
8:07 a.m. ET
(Olivier Douliery/Getty Images)

New Jersey Gov. Chris Christie (R) announced Thursday that he was abandoning the Common Core program and calling for state education officials to develop new education standards. Christie once supported the controversial Common Core, but said in the five years since its adoption it had created "confusion and frustration" for parents and created unanticipated new problems. "The truth is that it's simply not working," Christie said. "We need to do something different." You can read more at CBS news. Harold Maass

Follow the money
7:27 a.m. ET

That's not revenue — that's pure profit.

FIFA, soccer's global governing body, took in $4.8 billion on last year's World Cup alone, the BBC reports, and incurred only $2.2 billion in expenses:

(BBC)

About $4 billion of FIFA's revenue came from sponsorships and broadcasting rights. Ticket sales only totaled $527 million.

So where did this mind-boggling profit go? "FIFA re-invests the majority of its revenue but it does hold on to a proportion of any profit to create a cash reserve," the BBC says. The reserve — which ballooned to $1.5 billion last year, from $350 million in 2005 — is meant to protect the organization in case the World Cup is canceled. By contrast, the $150 million that top FIFA allegedly accepted in bribes looks like just a drop in the bucket.

For more on FIFA's finances, head over to the BBC. Nico Lauricella

crisis at sea
2:35 a.m. ET
Marco Di Lauro/Getty Images

In Thailand on Friday, representatives from more than 20 countries gathered at the Special Meeting on Irregular Migration in the Indian Ocean to discuss the migrant crisis taking place in the region.

Thousands of migrants from Bangladesh and Myanmar are adrift at sea in southeast Asia, Reuters reports, unable to land in Thailand now that the country has made it too risky for traffickers to drop them off. Many of the migrants are Rohingya Muslims from Myanmar, a minority group that the country considers stateless. Htein Lin, director general at Myanmar's Ministry of Foreign Affairs, said Myanmar is not to blame for the crisis, adding, "You cannot single out my country. In the influx of migration, Myanmar is not the only country."

Malaysia says it has taken in 120,000 migrants from Myanmar, and Indonesia promised to give temporary shelter to migrants at sea, but said it needs other countries to help resettle them. Thailand will not allow the boats to dock because it is already hosting 100,000 migrants from Myanmar, but is offering medical aid to migrants at sea. The country also gave the U.S. permission to fly surveillance flights over its airspace in an attempt to track down boats carrying migrants. "We have to save lives urgently," U.S. Assistant Secretary of State Anne Richard said. Catherine Garcia

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