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Millennium, Brevan Howard, Schonfeld, and ExodusPoint are just a few of the funds that have put roots down in either Abu Dhabi or Dubai. Meanwhile, Bridgewater's Ray Dalio bought a penthouse in Abu Dhabi as he compliments the country's policies. When one US-based hedge fund fundraiser met with Abu Dhabi officials late last year, he didn't expect much to come of it. He lauded everything from the Louvre outpost in Abu Dhabi to the warm weather to the responsiveness from government officials. A Bloomberg story on Abu Dhabi notes that it's fast-tracking country-club admissions for new wealthy immigrants.
Persons: , Brevan Howard, Schonfeld, Bridgewater's Ray Dalio, Austen Smart, Tighe, Smart, Alan Howard, Greg Coffey, Danny Yong, hoover, Doug Greenig, Morgan, Point72, Steve Cohen, Viking Global's Andreas Halvorsen, keynotes, Howard, Abu Dhabi, Craig Bergstrom, Bobby Jain's, Florin Court's Greenig, Abu, Floring Organizations: Service, United Arab Emirates, titans, Business, Tighe International, Florin Court Capital, Morgan Stanley's, Dubai Financial Services Authority, Abu, Abu Dhabi Investment Authority, Mubadala Investment Company, Corbin Capital, Abu Dhabi Global, Hong Kong, pats, Bloomberg Locations: Dubai, Abu Dhabi, London, New York, Mumbai, UAE, Asia, Switzerland, It's, Gaza, Iran, Palm, Europe, Cayman Islands, Jersey, Miami, San Franciso, Riyadh, Saudi
“Traverse City is becoming Myrtle Beach meets Hilton Head — a place catering to a population outside the region,” Mr. Treter said. What sets this project apart from others like it is how it’s paid for. Mr. Treter developed the space with Kate Redman, a lawyer who works with nonprofit organizations, and several other entrepreneurs who were dealing with similar challenges. They created a crowdfunding campaign that recruited nearly 500 residents to invest $1.3 million as a down payment to help finance the project’s construction and earn up to 7 percent annually in dividend payments. Roughly 500 more residents contributed $50 each to join the project as co-op members.
Persons: Chris Treter, Mr, Treter, , Kate Redman Organizations: Trading, , Myrtle Beach Locations: CITY, Mich, , “ Traverse, Michigan
On a recent visit to Panama City Beach, Florida, I took a ferry ride to Shell Island. The $30 fare included tram transport to the boat dock and a ferry ride to and from the island. Shell Island was one of the most beautiful places I've seen in Florida, and I'd ferry there again. As a Florida resident, I'm always looking for new places to visit without traveling far from home. On a recent trip to Panama City Beach (PCB), Florida, I decided to visit Shell Island — known for its pristine beaches without souvenir shops, hotels, or restaurants — for the first time.
Persons: , I'm Organizations: Panama City, Service, Shell, Business Locations: Panama, Panama City Beach , Florida, Shell, Florida
CNN —Two passengers and a pilot emerged unscathed from a small plane after it was forced to land without landing gear following a mechanical failure at Newcastle Airport in Australia’s New South Wales. The plane, a Beach B-200 Super King, circled the airport for hours burning fuel before making a “textbook” wheels-up emergency landing, CNN affiliate Nine News reported. Footage shows the plane approaching the runway without its landing gear activated before touching down and skidding along the tarmac until coming to a stop. “It was a great result, really well done by the pilot,” Humphrey reportedly said. “I could hear him on the air, he sounded very calm to me.”The plane had been circling the airport for several hours in order to burn fuel.
Persons: Wayne Humphrey, ” Humphrey, , Humphrey Organizations: CNN, Newcastle Airport, Nine, NSW police, Port Macquarie Locations: Australia’s New South Wales, Newcastle, Port, Sydney
Members of gang Kraze Baryé in Port-au-Prince, Haiti, in April 2024. Stopping the flow of guns to Haiti would likely have an immediate impact on the bloodshed, according to police and human rights experts. “We have to cut the gangs’ weapons supply lines. Vitel'homme Innocent walks with armed members of Kraze Baryé in Port-au-Prince, Haiti, in April 2024. CNNAn ‘iron river’ from the United StatesThe guns Haiti’s gangs wield are a mix of stolen and smuggled, and the United States is by far the main source of the latter, according to UN experts.
Persons: Prince, Prince CNN —, they’ve, don’t, , Pierre Esperance, William O’Neill, Ariel Henry, ” Sylvie Bertrand, Innocent, Vitel'homme Innocent, Kraze, UNODC, Joly Germine –, Mawozo –, Mariani, Izo, Andre Johnson, ” Esperance, Bertrand Organizations: Prince CNN, , CNN, Human Rights Defense Network, Kenyan, UN, Rights, Drugs, United, US, of Alcohol, Tobacco, Firearms, Explosives, Miami, ATF, Haitian National Police, Customs, Cap Haitien . Drugs, Episcopal, ” CNN, Homeland Security Investigations, US Department of Homeland Security, US Department of Commerce’s, Export Enforcement, National Police, Haiti’s, Customs Administration Locations: Port, Dominican Republic, Bahamas, Caicos, British, Florida, Haiti, Prince, Caribbean, , Israel, Turkey, Czech Republic, Brazil, United States, Latin America, Texas , Louisiana, Georgia, Gonave ., South America, Jamaica, Haiti’s, Cap Haitien, Haitian, Esperance
Austin has been my home for more than 60 years — minus the time spent following around my military husband. Austin just isn't what it used to beMy family and I moved to Austin in 1963. The University of Texas students really kept the city young and on its toes. AdvertisementIt costs so much to afford homes in Austin nowAfter moving to South Carolina for the military, my husband and I moved back to Austin in 1998. AdvertisementThere are things I am going to miss about Austin, like the cheap gas, and the HEB grocery market.
Persons: Flora Batts, , Austin, wasn't, BrandonSeidel, Shawn Phillips, Michael Dell, they've, It's, Batts, I'm, doesn't, Joy, We've, we've, it's Organizations: Service, Austin, Capitol, The University of Texas, Tech, Social Security, Batts I'm, Paramount Locations: Texas, Pennsylvania, Flora Batts, Odem, Amarillo, Austin, Dallas, Houston, North Austin, South Carolina, Batts Texas, Colorado, Virginia, Erie, Austin . In Erie, Lake Erie
The actress and stunt woman Susan Backlinie, whose portrayal of a violent death as the first shark attack victim in the opening scene of the blockbuster movie “Jaws” terrified moviegoers, died on Saturday. Ms. Backlinie died at her home in California, her agent, Sean Clark, said on Sunday. “Jaws,” the 1975 movie directed by Steven Spielberg, memorably features Ms. Backlinie in a scene in which she played a skinny-dipper, Chrissie Watkins, who runs along the beach and dives into the water for a nighttime swim. The placid scene is shattered as she is suddenly pulled under the water. She screams while being violently thrashed by an unseen great white shark and tries desperately to cling to a clanging buoy only to be pulled below the water one final time.
Persons: Susan Backlinie, Backlinie, Sean Clark, Steven Spielberg, Chrissie Watkins Locations: California
Fast Food Forever: How McHaters Lost the Culture War
  + stars: | 2024-05-12 | by ( Brian Gallagher | ) www.nytimes.com   time to read: +1 min
The camera zooms in on a large woman, sitting on a cooler at the beach. It cuts to a shirtless man, also quite large, his face blurred out. The next shot shows another overweight man, sitting on a beach towel with plastic grocery bags arrayed in front of him. Directed by and starring Morgan Spurlock, the bootstrapped, lo-fi documentary was a smash hit, grossing more than $22 million on a $65,000 budget. McDonald’s, specifically, became a symbol for the glossy hegemony of American capitalism both at home and abroad.
Persons: , , Queen’s, Morgan Spurlock, Spurlock Locations: America
CNN —Nearly 40 years ago, human remains were found on a beach in St. Johns County, Florida. The manner of death was determined to be a homicide, the sheriff’s office said. St. Johns County Sheriff's OfficeThe case went cold over the years and the remains were left unidentified. With the help of advanced technology at the lab, potential relatives of the victim were identified, the sheriff’s office said. St. Johns County is located on the northeast coast of Florida.
Persons: Mary Alice Pultz, John Thomas Fugitt, Gene Tolbert, Fugitt, Tommy, Billy Joe Wallace, , Mary Alice’s, ” Tolbert, Pultz, Norman Jenkins, ” Jenkins Organizations: CNN, Johns County Sheriff’s, Crescent, Facebook, Police Locations: St, Johns County , Florida, Rockville , Maryland, Johns County, Crescent Beach, Maryland, Texas, Florida
Immigrants nationwide are relying heavily on gig work driving for Uber and Lyft to make ends meet. AdvertisementThe major ride-hailing companies told BI they aim to support immigrant drivers. BI spoke with a dozen immigrant Uber and Lyft drivers who moved to South Florida from countries including Cuba, El Salvador, Haiti, and Venezuela. Dozens of ride-hail drivers from across the country who spoke to BI over the last few months said they've recently noticed more immigrant drivers on the apps. AdvertisementDespite the challenges of earning enough, some drivers are set on perfecting strategies to make driving work for them.
Persons: Uber, , Rodolfo, He's, he's, Katie Wells, Ellis, Wells, they've, she's, Edgar, didn't, hasn't, Alex, haven't, Eliezer, Carlos, Nicanor Organizations: Service, Ipsos, McKinsey, Georgetown University, International Rescue, Immigrants, Economic, The Washington Post, New York, Deliveristas Unidos, BI, Uber, Amazon, Miami, downtown Locations: South Florida, Venezuela, Washington, DC, Cuba, El Salvador, Haiti, New, Miami, Haitian, Nicaragua, Miami Beach, New York, downtown Miami
Representative Jasmine Crockett was sitting in a House Oversight Committee hearing last fall, growing increasingly frustrated as she listened to Republicans accuse President Biden of impeachable offenses without producing any evidence, when she had an idea. Ms. Crockett, a freshman Democrat from Texas and former defense attorney, summoned an aide and asked them to quickly print out a stack of photos showing the boxes of sensitive government documents stashed by a toilet at Mar-a-Lago, former President Donald J. Trump’s club in Palm Beach, Fla. Moments later, Ms. Crockett was brandishing the photos above her head, accusing Republicans of ignoring clear evidence that Mr. Trump had violated the law while pushing allegations against Mr. Biden for which they had shown no proof. “When we start talking about things that look like evidence, they want to act like they blind,” Ms. Crockett said of Republicans, spitting her words with a mix of outrage and bemusement. “These are our national secrets,” apparently in a toilet, she added, using an expletive to describe the plumbing.
Persons: Jasmine Crockett, Biden, Crockett, Donald J, Trump, Mr, Ms, Locations: Texas, Mar, Palm Beach, Fla
Read previewThis as-told-to essay is based on a conversation with Caitlin J., 42, about her experience living in a Southern California bomb shelter. After living on the East Coast for a while, I moved back to Southern California this year. In most Southern California neighborhoods, home prices typically start in the high five to seven figures. The bomb shelter occupies about three-quarters of an acre and spans 1,100 square feet. The first couple of nights in the bomb shelter, I slept for like 12 hours.
Persons: , Caitlin J, wasn't, Caitlin, I've, I'm, It's, homeownership Organizations: Service, Business Locations: Southern California, Long, East, California, It's, United States, RVs,
A 10-foot-wide house was built on a lot in Jacksonville Beach, Florida. If the neighborhood had its way, there wouldn't be a house there at all. AdvertisementWhat was once an empty residual lot used as a garden by a neighbor is now a 1,547-square-foot home in Jacksonville Beach, Florida — only 10 feet wide. The two-story house sits on a 25-foot wide lot (with a lot of depth) and even has space for a garage. This story is available exclusively to Business Insider subscribers.
Persons: , Ryan Wetherhold, John Atkins Organizations: Service, Business Locations: Jacksonville Beach , Florida, Oceanside Real Estate
CNN —Florida A&M University is putting a purported $237.75 million donation “on pause,” after media reports and college board leaders raised concerns about the actual value of the stock gift—and the details surrounding the donor’s previous donations. South Carolina’s Coastal Carolina University had announced a $95 million donation from an anonymous donor, who then backed out months later. At an emergency board meeting on Thursday, FAMU board of trustee and foundation members expressed their concerns and frustration about the school’s vetting process involving Gerami’s donation. He referred questions to the university and agreed to answer CNN’s questions on the following day, but he couldn’t be reached. FAMU’s Special Board of Trustees, which oversees the full school and the foundation, has scheduled a meeting for May 15 to discuss the donation.
Persons: , Larry Robinson, It’s, Gregory Gerami, Robinson, Gerami, Deveron Gibbons, ” Gibbons, , Gibbons, Kristin Harper, ” Harper, FAMU, Stroud, Terry Arnold Organizations: CNN, Florida, M University, Batterson Farms Corp, Politico, Carolina’s Coastal Carolina University, Myrtle Beach Sun News, FAMU Foundation, university’s, Trustees, Foundation Board, University Advancement Shawnta, FAMU Locations: Texas, Carolina’s, Florida
Bodei's family has been in the construction business for generations, so he'd seen how lucrative it could be to build and renovate upscale single-family homes in affluent suburbs. This story is available exclusively to Business Insider subscribers. Fewer construction workers means less — and slower — residential construction, which in turn leads to higher home prices. Mayra Beltran/Getty ImagesA labor shortage years in the makingThe US has faced a severe shortage of construction workers of all sorts for years. When the financial crisis crushed the housing market in 2008, the construction industry took a massive hit.
Persons: , Michael Bodei, Bodei, he'd, it's, Sam Laureto, Mayra Beltran, haven't, Ken Simonson, Simonson Organizations: Service, Bodei, Business, Oaks, US, Associated Builders and Contractors, Associated, Contractors of America Locations: Morristown , New Jersey, Houston , Texas, South Florida
Here's how much it costs to own a superyacht — and what that money is going toward. Billionaires like Jeff Bezos, Mark Zuckerberg, and Steve Jobs each spent nine figures on their megayachts. Some superyachts have space for dozens of crewmembers, including a chef, engineer, and masseuse for the guests onboard. If a superyacht has a support yacht — or a support superyacht, in Bezos' case — expect to pay another 10% of that boat's price annually. "If you charter the boat for 50 days a year, it's going to help a lot," Anders Kurtén, the CEO of brokerage firm Fraser Yachts, told BI.
Persons: you'd, Jeff Bezos, Mark Zuckerberg, Steve Jobs, Jeffrey Beneville, Eric Schmidt's, Matthew Fleissig, NFP's Beneville, it's, Anders Kurtén, Beneville Organizations: Palm, NFP, BI, Yachts Locations: South China, Russian, San Diego
After a long and often tense week in his criminal trial in Manhattan, former President Donald J. Trump on Saturday took part in a time-honored ritual enjoyed by countless New Yorkers in need of a break: He went to the shore. Sandwiched between the boardwalk and the Atlantic Ocean, Mr. Trump stood in front of tens of thousands of people at a rally on the beach in Wildwood, N.J., where he largely repeated the same criticisms of President Biden that have characterized his stump speech in recent months. Fresh from court, Mr. Trump insisted that his case in Manhattan, on charges that he falsified business records related to a hush-money payment, was a “Biden show trial,” even though there is no evidence to suggest that Mr. Biden has been involved in the case. Mr. Trump railed against pro-Palestinian protests on college campuses, vowed to crack down on immigration and repeated his false claims that Democrats stole the 2020 election from him.
Persons: Donald J, Trump, Biden Organizations: Saturday Locations: Manhattan, Wildwood , N.J
Carlos Avila Gonzalez/San Francisco Chronicle/Getty Images The northern lights shine in the night sky above the Molenviergang in Aarlanderveen, the Netherlands, early May 11. Alexey Malgavko/Reuters The northern lights are seen in a rural area west of Fort Lauderdale, Florida, on Friday, May 10. Courtesy Luke Culver People photograph the northern lights from Whitley Bay, England, on May 10. Courtesy Jan Reed The northern lights glow in the night sky in Brandenburg, Germany, on May 10. Increased solar activity causes auroras that dance around Earth’s poles, known as the northern lights, or aurora borealis, and southern lights, or aurora australis.
Persons: Chad Myers, it’ll, Alastair Johnstone, Andrew Chin, Sanka Vidanagama, Carlos Avila Gonzalez, Josh Walet, Robert Nemeti, Jean, Christophe Bott, Max Slovencik, Alexey Malgavko, Luke Culver, Ian Forsyth, Robert F, Geoff Robins, Rich, Jan Reed, Patrick Pleul, Jenny Kane, Adam Vaughan, Jacob Anderson, Peter Byrne, Biden, it’s, Dr, Hakeem Oluseyi, Bill Nye, Guy, , Organizations: CNN, National Oceanic, Prediction, Midwest, Getty, San Francisco Chronicle, Keystone, AFP, Luke Culver People, Rockies, National Weather Service Locations: Alabama, Ohio, Pacific Northwest, North America, Gulf, , Sheffield, England, Manning, British Columbia, Christchurch , New Zealand, AFP, Berryessa , California, Aarlanderveen, Netherlands, Debrad, Slovakia, Anadolu, Le, Dessous, Switzerland, Vienna, Siberian, Tara, Russia's Omsk, Fort Lauderdale , Florida, Whitley Bay, Brunswick , Maine, London , Ontario, Ontario, Tennessee, Washington, Memphis , Tennessee, Rich Hill , Missouri, Brandenburg, Germany, Estacada , Oregon, Cumming , Georgia, Crosby , England, Edinburgh, Scotland, Crosby Beach, Liverpool, Texas, Coast, Sweden, South Africa, United States
New York CNN —If you took an American Airlines flight in the 1960s, you’d be wined and dined from the Coach-class “Royal Coachman” menu. “Meal service was once a point of pride,” said Henry Harteveldt, who covers the travel industry for Atmosphere Research Group. Meal service was a big focus of [competition] because entertainment options were more limited,” Harteveldt said. The September 11 attacks accelerated the decline of free airline meals. Airline meals had been the brunt of jokes and criticism for decades, but now people miss them.
Persons: you’d, , Henry Harteveldt, Peter Stackpole, Robert Crandall, Blaise Waguespack, It’s, Beef, ” Harteveldt, Rob Welham, Molly Brandt Organizations: New, New York CNN, American Airlines, Atmosphere Research, Pan American Airline, Shutterstock Airlines, Carriers, Singapore Airlines, Michelin, Embry, Riddle Aeronautical University, , Smithsonian, ” Airlines, “ Airlines, British Airways, Camera, Airlines, Continental Airlines, North America, mojo Locations: New York, Daytona Beach , Florida, Delta, North
Here's how much it costs to own a superyacht — and what that money is going toward. Billionaires like Jeff Bezos, Mark Zuckerberg, and Steve Jobs each spent nine figures on their megayachts. Some superyachts have space for dozens of crewmembers, including a chef, engineer, and masseuse for the guests onboard. If a superyacht has a support yacht — or a support superyacht, in Bezos' case — expect to pay another 10% of that boat's price annually. "If you charter the boat for 50 days a year, it's going to help a lot," Anders Kurtén, the CEO of brokerage firm Fraser Yachts, told BI.
Persons: you'd, Jeff Bezos, Mark Zuckerberg, Steve Jobs, Jeffrey Beneville, Eric Schmidt's, Matthew Fleissig, NFP's Beneville, it's, Anders Kurtén, Beneville Organizations: Palm, NFP, BI, Yachts Locations: South China, Russian, San Diego
Hunger strikes are typically the third act of political protest, the point at which the conventional provocations, having failed to yield the desired result, push the most impassioned closer toward martyrdom. “What the university is making abundantly clear is that they would rather let students starve than enter a dialogue,” David Chmielewski, one of the strikers, a soft-spoken senior, told me. Princeton has been less responsive to student demands around the war in Gaza than some of its peers. The discussion had followed a sit-in that began on April 25 and then the occupation of an administrative building four days later, where 13 students were arrested. The hunger strikers have said that they will continue to limit themselves to water until the conversations around disentangling from Israel become substantive and the university allows students who have been arrested back on campus, dismissing the disciplinary charges against them.
Persons: Cannon Green, ” David Chmielewski, Scott Fitzgerald, Philippe, Christopher Eisgruber Organizations: Princeton University, Princeton, Palm Beach . Princeton Locations: Nassau, Palm Beach ., Gaza, Israel, disentangling
Jennifer Forness spent last Mother’s Day in tears. Because her husband had to work, Ms. Forness, an executive assistant who lives in Mount Pleasant, S.C., took their son, now 2, to visit her parents who live outside Philadelphia. For Mother’s Day this year, Ms. Forness, 36, and five girlfriends who are also mothers, are planning to check into Wild Dunes Resort, a hotel about 16 miles east of Charleston, for an overnight stay. “And we are going to have drinks.”Mother’s Day has long come with connotations that mothers spend it with the very people who made them so — and it usually involves brunch, cards and flowers (or floral prints). Yet some mothers are shedding those expectations and doing whatever they want — including shedding their families.
Persons: Jennifer Forness, Forness, , , Kendel Jamieson Christoff Organizations: Wild Locations: Mount Pleasant, S.C, Philadelphia, Charleston
I'm from Athens, Greece, and I travel around the islands all the time staying at luxury resorts. Some of my favorite spots in Crete are Stella Island Resort and ACRO Suites. And if you're looking for luxury, I've found some of the best resorts in the country. One&Only Aesthesis Resort, AthensOne&Only is a global brand, but the chain's first luxury resort in Greece is located in Glyfada, right by the sea. AdvertisementStella Island Resort, Heraklion, CreteStella Island is an adults-only resort that's great for solo women, couples, or honeymooners.
Persons: Sani, , I've, Mari, Cavo, Fani Mari, Halkidiki Sani, Milos Cove, Milos, Milos —, Aphrodite, Porto, Sven Hansche Organizations: Service, Delta Air Lines, UNESCO, Cavo, Porto Heli Porto Heli, Porto Cheli Locations: Athens, Greece, Crete, Stella, Mystras, Mykonos, Glyfada, Kea, Antiparos, Heraklion, Crete Stella, Maldives, Agia Pelagia, Kiev.Victor, Zakynthos, Peloponnese, UNESCO, Spetses
AI skeptics — who are legion, and not necessarily part of the fringe tin foil hat crowd — are begging Silicon Valley to take a beat before unleashing AI to the world. Then, the big reveal: It’s all contained in Apple’s new iPad, its thinnest and most powerful ever, thanks to its brand new AI chip. Meanwhile, is anyone else getting inundated with Google’s Pixel ads, which show people giddily using the smartphone’s AI photo-editing software to deceive their online followers? Apple is expected to announce its own ChatGPT-like tools that could be a game changer for your internet searches. The Jeff Goldblums of the AI debate — who include some of the industry’s own pioneers — are not necessarily saying we have to smother AI and pretend it never existed.
Persons: CNN Business ’, Jeff Goldblum’s, , John, that’s, , Cher’s, Asif Kapadia, , Luke Barnett, Apple, Tim Cook, Apple’s, Siri, I’ll, We’re, Jeff Goldblums, weren’t Organizations: CNN Business, New York CNN, Google, Apple, Space Invaders Locations: New York
They’re also plumbed by blood vessels, which lead all the way from the heart. By the time blood vessels reach these extremities, like twigs from a tree, they have branched and got much smaller in size. This rare condition is sometimes called “trash foot,” because of the way in which the feet become so discolored. In adults, however, finding the Babinski sign is an altogether different story. In some otherwise healthy people though, the Babinski sign can be observed during deep sleep.
Persons: They’re, it’s, you’ve, , , Joseph Babinski, Dan Baumgardt Organizations: CNN, of Physiology, University of Bristol Locations: United Kingdom
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