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☆ Richard Branson says this decision helped build his $2.5B net worth: 'I don't think I would have gone to space' otherwise
▼ + stars: | 2024-04-29 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +3 min

He's referring to selling record label Virgin Records to Thorn EMI for nearly $1 billion in 1992. Branson needed the money to focus on a newer venture, Virgin Atlantic. CNBC Make It: How did you make the decision to sell Virgin Records? What I decided was: If I sold Virgin Records, all the people's jobs would be secure. I could then use that money to build and protect Virgin Atlantic.

Persons: Richard Branson, He's, —, Branson, Richard, Virgin, We'd, Janet Jackson Organizations: CNBC, Virgin Records, Thorn EMI, Virgin Atlantic, British Airways, Virgin Group, Forbes, Virgin Locations: London, Branson

☆ Biden promise to rival China on shipbuilding faces a big economic problem
▼ + stars: | 2024-04-25 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +11 min

The Biden administration is correct that China has not played fair. But he said the nations that could rival China in shipbuilding are Asian competitors. Shipbuilding subsequently dropped to around five ships per year, which is approximately the current rate of U.S. shipbuilding. President Joe Biden speaks to members of the United Steel Workers Union at the United Steel Workers Headquarters on April 17, 2024 in Pittsburgh, Pennsylvania. Biden announced new actions to protect American steel and shipbuilding industries including hiking tariffs on Chinese steel.

Persons: Biden, Ben Nolan, Nolan, Reagan, Joe Biden, Jeff Swensen, —, Darron, Wadey, Lloyd, Matson, George Washington, Ronald O'Rourke, O'Rourke Organizations: Mitsui Shipbuilding Co, Taicang Port Economic, Technological, Future Publishing, Getty, CNBC, Shipbuilding, Global, United States, Trade, U.S . Trade, U.S, China's Ministry of Commerce, United Steel Workers, Japan's Nippon Steel, United Steel Workers Union, United Steel Workers Headquarters, Analysts, Matson Shipping, Jones Act, Philly Shipyard, CMA CGM, Matson, United, Maritime Administration, U.S ., Huntington Ingalls Industries, News Shipbuilding, U.S . Navy, U.S Navy, Newport News Shipbuilding, Virginian Pilot, Tribune, Service, Force, warfighting, Navy, Biden, Congressional Research Service Locations: Taicang Port, Suzhou, Jiangsu province, China, U.S, Japan, South Korea, United States, Pennsylvania, Pittsburgh , Pennsylvania, American, Bangladesh, U.S . Virgin Islands, Great, Mississippi, Ohio

☆ I'm a millennial who avoided cruises because I thought they were full of germs and kids. My first experience proved me wrong.
▼ + stars: | 2024-04-13 | by ( Sophie Katzman | ) www.businessinsider.com time to read: +6 min

Read previewThis is an as-told-to essay based on a transcribed conversation with millennial Eliza Green, who took her first cruise vacation on Virgin Voyages. Virgin Voyages sounded particularly appealing. In October 2023, my husband, two other couples, and I embarked on Virgin Voyage's Scarlet Lady Dominican Daze. Cruise food was better than an all-inclusive resortThe food was a pleasant surprise, far better than the buffet options I'd imagined on other cruises. The cabin was a needed respiteBefore traveling on a cruise, I'd heard of windowless cabins and cramped rooms.

Persons: —, Eliza Green, I'd, Scarlet, Bimini Organizations: Service, Voyages, Business, Virgin Locations: Miami, Puerto Plata, Dominican Republic, Bimini, Bahamas, Jamaica

☆ Oregon Powerball player wins a $1.3 billion jackpot, ending more than 3 months without a grand prize
▼ + stars: | 2024-04-07 | by ( ) www.cnbc.com time to read: +2 min

A Powerball player in Oregon won a jackpot worth more than $1.3 billion on Sunday, ending a winless streak that had stretched more than three months. The single ticket matched all six numbers drawn to win the jackpot worth $1.326 billion, Powerball said in a statement. The winning numbers drawn early Sunday morning were: 22, 27, 44, 52, 69 and the red Powerball 9. The $1.326 billion prize ranks eighth in U.S. lottery history. "This is done to ensure that every ticket sold for the Powerball drawing has been accounted for and has an equal chance to win.

Organizations: Oregon, New, Florida Lottery, Washington , D.C, U.S . Locations: Trona , California, United States, Washington ,, Puerto Rico, U.S, U.S . Virgin Islands

☆ Billionaires going to space aim to industrialize the moon, asteroids, and Mars. It's time to set some ground rules.
▼ + stars: | 2024-03-23 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +10 min

Read previewThe space business is in bloom and, so far, it's largely unregulated. Other space startups have ambitions including asteroid mining, in vitro fertilization (IVF) in space, and space hotels. As space startups and billionaires vie for a foothold on the moon and beyond, experts say governments probably need to start setting some ground rules. Seven of the world's 10 biggest commercial space operators are based in the US, according to the Organisation for Economic Co-operation and Development. AdvertisementIn another vein, last year Florida passed a bill to protect space companies and their owners from getting sued over spaceflight passenger death or injury.

Persons: —, Jeff Bezos's, Elon Musk, Bezos, NASA What's, George Nield, Galileo, Joel Kearns, Richard Branson, Galactic's, Lyndon B, Johnson, Jeff Bezos, Joe Raedle, Michelle Hanlon, Jared Isaacman, William Shatner, Hanlon Organizations: Service, NASA, Houston, SpaceX, Business, Northeastern University, Federal Aviation Administration's, Space Transportation, JPL, FAA, Virgin Galactic, Virgin, Getty, Artemis Accords, Hague Institute, Global Justice, Washington, Companies, Shepard, Center for Air, Space, University of Mississippi School of Law, titans, US International Trade Commission, Organisation for Economic Co, Federal Communications Locations: Mars, Russia, China, Blue, Florida

Mega Millions and Powerball have racked up some massive jackpots after weeks of rolloevers. And Saturday night's Powerball jackpot is $600 million. There was one big winner in Friday nights' Mega Millions drawing. Saturday night's Powerball jackpot is estimated to be $600 million after no one matched all six numbers on Wednesday, officials said. Mega Millions tickets are $2 and are sold in 45 states, Washington, D.C., and the U.S. Virgin Islands.

Persons: Patrick's Organizations: Mega, Michigan, D.C, U.S ., U.S . Virgin Islands, of Columbia Locations: FORT LAUDERDALE, Fla, South Carolina , Michigan , Illinois, Maine, Florida, New York, California, Washington, U.S, U.S . Virgin, of Columbia , Puerto Rico, U.S . Virgin Islands

☆ Olive oil prices are skyrocketing. Here's how my startup is managing to keep costs low.
▼ + stars: | 2024-02-25 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +3 min

This as-told-to essay is based on a conversation with Andrew Benin, the cofounder of olive oil startup Graza. Putting out a high-quality olive oil is difficult for a young brand, but it's even harder now as prices hit record highs. Before I launched Graza in early 2022, we purchased nearly 50,000 liters of olive oil from Italy for about $3.10 a kilo. If you know a bit about olive oil production, you'll know that extra virgin olive oil is extremely inefficient to produce — that's one of the reasons it's more expensive. Law enforcement agencies have seized tens of thousands of gallons of olive oil and arrested suspects worldwide for fraud in the past several months.

Persons: Andrew Benin, we've Organizations: Business, Walmart, Target Locations: Italy, Spain, Greece, Graza, We're

☆ 2 Black Heroes, 2 Cities in New York: A Journey Into the Past
▼ + stars: | 2024-02-21 | by ( Shayla Martin | ) www.nytimes.com time to read: +1 min

There are certain American cities that are known for Black history. But African American history and culture can, of course, be found across the United States, in seemingly unlikely cities, like Portland, Maine, say, or Providence, R.I. There are currently more than 700 Network to Freedom locations across 39 states, in addition to Washington, D.C., and the U.S. Virgin Islands. Many are in the Northeast, a region that is not always strongly associated with Black history. Curiosity about these lesser-known destinations is how I found myself on the road to Auburn and Rochester, N.Y., the homes of two American heroes: Frederick Douglass and Harriet Tubman.

Persons: Frederick Douglass, Harriet Tubman Organizations: Service’s, Freedom, National Underground Railroad Network, Underground Railroad, Washington , D.C, U.S . Locations: Memphis, Atlanta . Birmingham, United States, Portland , Maine, Providence, R.I, Washington ,, U.S, U.S . Virgin Islands, Northeast, Auburn, Rochester, N.Y

☆ Woman drops lawsuit against Leon Black alleging rape at Jeffrey Epstein mansion
▼ + stars: | 2024-02-20 | by ( Dan Mangan | ) www.cnbc.com time to read: +3 min

FILE: Leon Black, chairman and chief executive officer of Apollo Global Management LLC, at the Milken Institute Global Conference in Beverly Hills, California, U.S., on Tuesday, May 1, 2018. A woman who had accused Apollo Global Management co-founder Leon Black of raping her at the New York mansion of the late sex predator Jeffrey Epstein has agreed to drop her civil lawsuit against Black. Black, in a statement provided to CNBC on Monday, said, "I have never met Ms. Pierson. Black left Apollo in March 2021, months earlier than he previously had said he would. The Wigdor law firm is continuing to pursue a separate lawsuit against Black that its attorneys filed in July, alleging that he raped a then-16-year-old girl with autism at Epstein's Manhattan home in 2002.

Persons: Leon Black, Jeffrey Epstein, Cheri Pierson, Pierson, Black, Danya Perry, Wigdor, Epstein, Wigdor . Black, Jane Doe Organizations: Apollo Global Management, Milken Institute Global Conference, Black, Manhattan Supreme, Epstein's, CNBC, Wigdor LLP, U.S . Virgin, Wigdor, Manhattan Locations: Beverly Hills , California, U.S, York, Florida, Manhattan, Wigdor .

Researchers found more than 6% of U.S. adults reported ever experiencing symptoms of long COVID as of 2022. Extrapolated to the U.S. population, it would mean more than 16 million adult Americans had experienced long COVID symptoms as of the survey. “State-level estimates might also help identify geographic disparities in Long COVID across the United States that could guide interventions to promote health equity.”Symptoms of long COVID can include tiredness, fatigue, difficulty thinking, “brain fog,” shortness of breath, chest pain, dizziness, menstrual changes and post-exertional malaise. The percentage of Americans who have experienced symptoms of long COVID are surely higher now than they were in 2022. Research published last week in the journal Pediatrics estimated that up to 5.8 million children have developed long COVID.

Persons: Long Organizations: U.S, U.S . Virgin, Centers for Disease Control, Pacific, West, Research, Pediatrics Locations: West Virginia, U.S, New England, South, Midwest, “, United States

☆ 12 women sue FBI over alleged failure to protect them from Jeffrey Epstein’s sexual abuse
▼ + stars: | 2024-02-14 | by ( Nicki Brown | ) edition.cnn.com time to read: +6 min

CNN —The FBI’s “repeated and continued failures, delays and inaction” allowed Jeffrey Epstein to continue his sex trafficking operation for more than 20 years, 12 alleged victims claimed in a lawsuit filed Wednesday. The lawsuit also says they support the unredacted release of FBI documents regarding Epstein, claiming the files are still largely sealed. “During the FBI investigation, the FBI was complicit in permitting Epstein and coconspirators to continue to victimize Jane Does 1-12 and other young women,” the lawsuit said. The FBI was notified the bank handled more than $1.1 million in payments from Epstein to women or girls, the lawsuit claimed. However, the FBI allegedly received additional tips and reports concerning sex abuse following the 2008 plea deal.

Persons: “, ”, Jeffrey Epstein, Epstein, ” Jennifer Plotkin, Nathan Werksman, Jane, ” Epstein, Ghislaine Maxwell, FBI “, coconspirators, JP Morgan Chase, JP Morgan, procrastinated Organizations: CNN, of, Federal Bureau of Investigation, FBI, Department of Justice, Palm Beach Police Department, U.S . Virgin Islands, Virgin Islands, U.S . Locations: United States, Southern, of New York, Florida, Virgin, New York, Palm Beach, U.S, U.S . Virgin Islands

☆ Election 2024 Trump rolls in Nevada, Biden is roiled by a special counsel — and the race remains largely unchanged.
▼ + stars: | 2024-02-09 | by ( Chris Cameron | Michael Gold | ) www.nytimes.com time to read: +6 min

Even in a campaign in which Mr. Trump’s dominance has sapped the race of much of its drama, his win in Nevada felt particularly preordained. Embarrassingly for Ms. Haley, she was heavily outvoted in that election by a “None of These Candidates” option on the ballot. She was essentially unopposed, but even without Mr. Trump on the ballot, Republican voters rejected her. Ms. Haley still won the contest, but its results were effectively immaterial. Mr. McDonald also repeatedly pushed false claims of voter fraud that remain at the heart of Mr. Trump’s lie that the 2020 election was stolen from him.

Persons: Donald J, Trump, Nikki Haley, Embarrassingly, Haley, Trump’s, trouncing Ms, Haley’s, Biden, Max Whittaker, William E, ”, Susan Sevilleja, “, Michael J, McDonald, Biden’s, McDonald’s, Ron DeSantis, Kellen Browning Organizations: Nevada’s Republican, Associated Press, Nevada Republican Party, Republican Party, Republican, U.S . Virgin, Republicans, Democratic, Mar, The New York Times, Nevada Republicans, William, Orr Middle, White House, Mr, Trump, Gov Locations: Nevada’s, Nevada, Colorado, Florida, Las Vegas

LAS VEGAS (AP) — Donald Trump is expected to sweep Nevada’s GOP caucuses on Thursday, which would give the former president a third straight win in the Republican presidential race and display his dominance over the Republican Party. His last major Republican challenger, former U.N. The state GOP required candidates to choose running either in the caucuses or the primary. Trump is the only major candidate left in the caucuses and expected to win all 26 of Nevada's Republican delegates. Trump visited Nevada last month and is expected to return to the state Thursday to celebrate his victory.

Persons: — Donald Trump, Nikki Haley, Trump, Ronna McDaniel, Haley won’t, Joe Biden, ” Trump’s, Chris LaCivita, ___ Price, Stern Organizations: LAS VEGAS, Republican, Republican Party, Trump, Republicans, Republican National Committee, U.S, Supreme, GOP, U.S . Locations: —, Nevada, U.S, U.S . Virgin, “ Nevada, Washington, Reno , Nevada

SAN JUAN, Puerto Rico (AP) — Donald Trump amassed another win at a Republican caucus held Thursday in the U.S. Virgin Islands, where officials flouted several GOP party rules, including holding the contest earlier than allowed. The caucus is the third Republican contest held this election season with delegates at stake, with Trump receiving 73.98% of the votes and Nikki Haley 26.02%. In addition, any contest held before March 15 must award delegates proportionally, while the U.S. Virgin Islands did so via ranked-choice voting. “The Virgin Islands didn’t break any rules,” Ackley said. However, the Republican National Committee has said the U.S. Virgin Islands has four delegates.

Persons: — Donald Trump, Nikki Haley, ” Trump, Thomas, “, John, we've, ”, Valerie Stiles, Stiles, St . Croix, Trump, Chris Christie, Ron DeSantis, Perry Johnson, Vivek Ramaswamy, Haley, U.S . Virgin Islands, doesn’t, …, ” Gordon Ackley, ” Ackley, Stephen Ohlemacher Organizations: JUAN, Republican, U.S ., Trump, ”, Republicans, U.S . Virgin, “, Republican Party, Associated Press, GOP, National Convention, Republican National, U.S . Virgin Islands Locations: Puerto Rico, U.S, U.S . Virgin Islands, St, St . Croix, St ., Iowa , New Hampshire, Nevada, Nevada’s, Virgin, Iowa, Nevada , New Hampshire, South Carolina, Wisconsin, Washington ,

Albertson Bryan, adding that it will provide equitable educational opportunities for students on St. John. Whistling Cay has a guardhouse that colonial-era officials used to scan waters for slaves escaping from St. John to the nearby island of Tortola. St. John was part of the Danish West Indies, where slavery ended in 1848. Meanwhile, Tortola is part of the British Virgin Islands, which abolished slavery in 1834. Currently, public high school students living on St. John have to take a ferry to the neighboring island of St. Thomas.

Persons: John, ”, Albertson Bryan, Thomas . Organizations: JUAN, U.S . Virgin, U.S . National, Service, St, Danish, British Virgin Islands, U.S . Federal Emergency Management Agency Locations: Puerto Rico, U.S, St, Whistling, Tortola, Danish West Indies, British Virgin

☆ Icon of the Seas: Why Americans Are Obsessed With Big Cruise Ships
▼ + stars: | 2024-01-25 | by ( Henry Wismayer | ) www.businessinsider.com time to read: +17 min

Love them or loathe them, giant cruise ships are among the most remarkable success stories of the mass tourism age. Rechristened the Mardi Gras, the first Carnival cruise ship sailed out of Miami that March. Cruise ships like the Icon of the Seas will spend the majority of their trip at sea. Eight years later, cruise ships such as the Diamond Princess became early incubators for COVID-19. Cruise Market Watch forecasts there will be 360 cruise ships in service at the end of this year, comprising less than 1% of the global commercial fleet.

Persons: Ted Arison, Arison, Pieter De Boer, Costa, Diamond, Aaron Saunders, We've, Sue Bryant, Z, sass, Emma Le Teace, YouTuber, David Foster Wallace, Harper's, Sarah Knorr, Bryan Comer, Karla Hart, Hart, Saunders, it's, Henry Wismayer Organizations: Port, Passengers, Mardi Gras, Mardi, Gras, Cruise, Royal Caribbean, Costa Concordia, Cruise Lines International Association, Broadway, CivicScience, Royal, Virgin, Business, Transport & Environment, Getty, International Council, Global Cruise, Global Cruise Activist Network, Cruise Market, Royal Caribbean International, New York Times, National Geographic, Financial Times Locations: Port of Miami, Caribbean, Miami, The Port, Tuscany, Italy, Royal Caribbean, TikTok, Panama, Bahamas, Brussels, Netherlands, Douarnenez, Venice, Dubrovnik, Croatia, Amsterdam, Juneau , Alaska, Skagway , Alaska, CocoCay, London

“I say the general election begins tonight,” said Trump-adversary-turned-advocate Vivek Ramaswamy, who was standing at the former president’s side during his New Hampshire victory speech. Both Biden and Trump have loud detractors within their parties and glaring political liabilities. The earliest either Trump or Biden could clinch enough delegates to become his party's presumptive nominee is March. Haley beat Trump on Tuesday among Republican primary voters who identified as either moderates or independents, according to AP VoteCast, a survey of the electorate. About half of the state's Republican primary voters also said they are very or somewhat concerned that Trump is too extreme to win the general election.

Persons: Donald Trump, Joe Biden, Nikki Haley’s, “, ”, Trump, Vivek Ramaswamy, Biden, Nikki Haley, Nikki, —, ” Trump, ’, ” Haley, ” “ Biden –, “ Nikki Haley, ” Mark Harris, Harris, ” Harris, Haley, She’s, Texas Sen, John Cornyn, Cornyn, Meg Kinnard Organizations: —, Republican, New Hampshire, Democrats, Republicans, Biden, Trump, New, Democratic, Biden's New Hampshire, Wednesday, United Auto Workers, Phoenix, GOP, Zoom, U.S ., Haley, Voters, House, AP VoteCast, U.S, Capitol, White, Associated Press Locations: New, New Hampshire, Delaware, Iowa, South Carolina, “ New Hampshire, America, Charleston, U.S, U.S . Virgin Islands, New York , Florida , California , Texas, Florida, Texas, Columbia , South Carolina

All were found to be within U.S. federal standards, said Don Gregoire, water director for St. Croix. Despite those findings, people on St. Croix remain concerned. At least 1,270 people on St. Croix have been screened. Authorities plan to extend the screening to the islands of St. Thomas and St. John by the end of January, said Reuben Molloy, acting commissioner for the U.S. Virgin Islands Health Department. On Thursday, officials will start distributing free water filters as they continue to test water samples taken from homes and businesses across St. Croix.

Persons: St . Croix, Joe Biden, Don Gregoire, Croix, Shirley Smith, Thomas, John, Reuben Molloy, St . Croix ., Noel Hodge, Gregoire, “, we’ve, ”, “ It’s, Harold Mark Organizations: JUAN, U.S . Virgin Islands, U.S . Virgin, U.S . Environmental Protection Agency, St, Authorities, U.S . Virgin Islands Health Department, and Power Authority, ”, Department of Natural Resources Locations: Puerto Rico, St . Croix, U.S, St ., St

☆ Stocks making the biggest moves midday: Spotify, Virgin Galactic, Lululemon and more
▼ + stars: | 2023-12-04 | by ( Pia Singh | ) www.cnbc.com time to read: +3 min

Lululemon — Shares declined 2% after Wells Fargo downgraded the athleisure company to equal weight from overweight. The firm said Lululemon's prior positive catalysts have already played out, and it forecasts more muted growth in 2024. Spotify — Shares added 8.8% after the music streaming company announced it would lay off 17% of its workforce. The three stocks will replace Sealed Air , Alaska Air Group and SolarEdge Technologies . Virgin Galactic — Shares of the space company plunged nearly 15%.

Persons: Wells, MicroStrategy, Dow, FirstSource, Richard Branson, Branson, KeyBanc, Carvana, Morgan Stanley, — CNBC's Hakyung Kim, Jesse Pound, Alex Harring, Samantha Subin, Yun Li, Lisa Kailai Han, Sarah Min, Michelle Fox Organizations: Marathon, Spotify, Technologies, Uber Technologies, Dow Jones, Builders, Alaska Air Group, SolarEdge Technologies, Galactic —, Financial, United, JPMorgan, Alaska Air Group —, Hawaiian Airlines, Alaska Air, Hawaiian Holdings, General Motors, Cadillac, Chevrolet, Mizuho Securities, United Auto Workers, Palo Alto, Palo Alto Network Locations: MicroStrategy, British, Seattle, Palo

☆ All the 'Virgin River' books, in order
▼ + stars: | 2023-12-03 | by ( Esme Mazzeo | ) www.businessinsider.com time to read: +22 min

While waiting for season six, here's the full list of books in the "Virgin River" series and the correct order to read them in. "Virgin River" (2007)"Virgin River" HarperCollins"Wanted: Midwife/nurse practitioner in Virgin River, population six hundred. "A Virgin River Christmas" (2008)"A Virgin River Christmas" HarperCollins"Last Christmas Marcie Sullivan said a final goodbye to her husband, Bobby. But the Sheridan and Riordan families have different plans for Patrick and Angie and for Christmas, Virgin River style!" "Return to Virgin River" (2020)"Return to Virgin River."

Persons: —, Robyn Carr, Melinda Monroe, she's, Mel, …, Sheridan, John, Middleton, Paige Lassiter, Semper Fidelis —, it's, Brie Sheridan, Mike Valenzuela, Virgin River's, Mike, Brie, Marcie Sullivan, Bobby, Ian Buchanan, Bobby's, Ian, Marcie, Ian doesn't, Virgin River, Vanessa Rutledge, Vanessa, Matt, Paul Haggerty, he's, Matt's, Paul, Shelby McIntyre, Luke Riordan, Shelby, Luke, Rick Sudder, Iraq —, Rick, Dan Brady, they'd, Nathaniel Jensen, Annie McCarty, Noah Kincaid, Noah, Ellie Baldwin, Ellie, Franci Duncan, Sean Riordan, Sean, — he's, Franci, Rosie, Erin Foley, Erin, Aiden Riordan, journaling, there's, Drew Foley, Sunny Archer, Sunny, Drew, Clay Tahoma, Lilly Yazhi, Lilly, There's, Clay, HarperCollins, Colin Riordan, Jillian Matlock, Jillian, Colin, Kelly, Kelly's, Lief Holbrook, Courtney, Becca Timm, Denny Cutler, Denny, Becca, Connor Danson, Leslie Petruso didn't, Connor, Leslie, Katie Malone, Katie doesn't, Dylan Childress, Dylan, Katie, Nora Crane, they've, harvesttime, Tom Cavanaugh, Nora doesn't, Nora, She's, Tom won't, Riordan, Patrick, Angie LeCroix, Jack Sheridan, she'd, Patrick Riordan, Angie, Kaylee Organizations: Netflix, Service, HarperCollins, California, Virgin, Virgin River, eBay, Bar, Marines, redwoods Locations: California, Virgin River, Virgin, Sacramento, Fallujah, Vanni, Paradise, Iraq, Los Angeles, —, Jill's, San Francisco, LA, Kelly's, Redwood, Southern California

SAN JUAN, Puerto Rico (AP) — A group of residents have sued a public utility company in the U.S. Virgin Islands after authorities there reported finding high levels of lead and copper in the tap water on St. Croix. He said the agency acted swiftly and transparently after the test results became available and that officials are still working to improve water quality in St. Croix. “What people are looking for is justice.”The investigation into the state of tap water in St. Croix began in late September, following complaints of reddish-brown water on the island of more than 50,600 people. In late October, the local government announced that officials found high levels of lead and copper and warned people not to drink their tap water. She also criticized the government for announcing a couple of weeks ago that lead levels were low or undetectable at samples taken from various schools across St. Croix.

Persons: Andrew Smith, ”, Lee J, Rohn, St . Croix, Joe Biden, “, they’re, WAPA Organizations: JUAN, U.S . Virgin, territory’s, Power Authority, Seas Water Corporation, Water Corporation, U.S . Virgin Islands, The Associated Press, U.S . Environmental Protection Agency, Rohn, U.S . Centers for Disease Control Locations: Puerto Rico, U.S, U.S . Virgin Islands, St . Croix, Florida, St .

☆ Virgin Atlantic plane will fly from London to New York with 100% Sustainable Aviation Fuel. Experts say it’s not a fix
▼ + stars: | 2023-11-28 | by ( Jacopo Prisco | ) edition.cnn.com time to read: +7 min

CNN —For the first time, a transatlantic flight operated by a commercial airline will be powered by 100% Sustainable Aviation Fuel (SAF) — a type of plane fuel that bears the promise of a much lower climate impact than traditional ones. The flight is the latest in a series of recent tests involving 100% SAF. Days earlier, business jet maker Gulfstream completed what it billed as the world’s first transatlantic flight using 100% SAF. Large twin-engine jets have performed flights using 100% SAF on both engines before, but these flights involved military aircraft. “One flight on 100% alternative fuel isn’t going to change the fact that 99.9% of aviation fuel is fossil fuel and there’s no great option for feedstock (raw materials) that can be scaled up sustainably,” she says.

Persons: Virgin Atlantic, Cat Hewitt, Hewitt, we’re, there’s, Giuseppe Cacace, Graham Hutchings, ”, “, ” Matteo Mirolo, ” Hewitt Organizations: CNN, Aviation Fuel, New York’s JFK, Virgin Atlantic, Boeing, Virgin, SAF, UK Civil Aviation Authority, Emirates, Airbus, Gulfstream, International Air Transport Association, Aviation Environment Federation, An, An Emirates Airbus, Getty, Royal Society, European Federation for Transport Locations: London Heathrow, New York’s, An Emirates, AFP

Political Cartoons View All 1262 ImagesIf the information given to St. Croix residents turns out to be bad, it won't be the first time that's happened. On the Caribbean island of St. Croix, officials avoided some of those pitfalls and quickly told residents of the results. For lead testing, workers usually take water from a household faucet. It is some of these tests that first recorded astronomically high lead levels. Instead, it's brass fittings that contain lead and can corrode into the water, Smith said.

Persons: Joe Biden, ”, Frandelle Gerard, Marc Edwards, Andrew Smith, Edwards, Croix, Tom Neltner, ” Smith, Retesting, Smith, Christine Ash, Gerard, what’s, “, ” Gerard Organizations: U.S . Virgin, Environmental Protection Agency, Crucian, Nature Tourism, Inc, The Associated Press, Virginia Tech, Power Authority, Environmental Defense Fund, EPA, St, Associated Press, Walton Family Foundation, AP Locations: U.S, St, Croix, Flint , Michigan, Flint, Newark, Benton Harbor , Michigan, St . Croix, faucets

☆ Stocks making the biggest moves premarket: Nvidia, Clorox, Autodesk, GoDaddy and more
▼ + stars: | 2023-11-22 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

Nvidia reported an adjusted profit of $4.02 per share on $18.12 billion in revenue. Analysts polled by LSEG expected earnings of $3.37 per share and $16.18 billion in revenue. Autodesk — The software company fell roughly 7% in premarket trading after issuing disappointing fourth-quarter earnings guidance. GoDaddy — Shares of the web domain company rose 2.3% after RBC Capital Markets upgraded GoDaddy to outperform from sector perform. Deere — Shares fell 6.6% after the agricultural equipment maker issued net income guidance between $7.75 billion and $8.25 billion for fiscal 2024.

Persons: LSEG, Piper Sandler, Morgan Stanley, Kristine Liwag, Clorox, Dan Ives, —, Alex Harring, Michelle Fox, Jesse Pound Organizations: Nvidia, Wall, HP —, HP, Autodesk, RBC Capital Markets, GoDaddy, Virgin Galactic Holdings, JPMorgan, Wedbush Securities, Deere, StreetAccount Locations: China

☆ US judge to weigh JPMorgan's $290 million settlement with Epstein accusers
▼ + stars: | 2023-11-09 | by ( Luc Cohen | Thomson Reuters | Reports On The New York Federal Courts. Previously Worked As A Correspondent In Venezuela | ) www.reuters.com time to read: +2 min

The settlement covered more than 100 women, led by a former ballet dancer known as Jane Doe 1, who said Epstein abused them. It followed embarrassing disclosures that JPMorgan ignored internal warnings and overlooked red flags about Epstein because he had been a valuable client. JPMorgan in September agreed to pay $75 million to settle related claims by the U.S. Virgin Islands, where Epstein owned two islands. Rakoff on Oct. 20 gave final approval to a similar $75 million settlement between Epstein's accusers and Deutsche Bank (DBKGn.DE), where Epstein banked after JPMorgan fired him. Epstein died in a Manhattan jail cell in 2019 at age 66 while awaiting trial on sex trafficking charges.

Persons: Morgan, Stephanie Keith, JPMorgan Chase's, Jeffrey Epstein, Jed Rakoff, Epstein, Rakoff, Jane Doe, Sarah Ransome, Ghislaine Maxwell, Epstein's, Luc Cohen, Daniel Wallis Organizations: REUTERS, JPMorgan, Washington D.C, U.S ., Deutsche Bank, US, Islands, Thomson Locations: New York City, U.S, Manhattan, Washington, U.S . Virgin Islands, Rakoff, New York

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