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Why apple prices plunged in October
  + stars: | 2023-11-21 | by ( Danielle Wiener-Bronner | ) edition.cnn.com   time to read: +7 min
But apple prices plunged 7.9%. A Goldilocks year for applesIn general, apple prices dip in the fall, because that’s when they’re harvested and flood the market. An apple orchard near Leavenworth, Washington state. “We have a lot of volume, but I don’t know if we’re gonna be making any money this year.”Though gas prices have fallen, apple farmers have other rising costs, including labor. To cope with rising costs and improve sustainability, many farmers have been making adjustments to how they operate, said Todd Fryhover, president of the Washington Apple Commission, which promotes the state’s apple industry.
Persons: it’s, , Chris Gerlach, ” Gerlach, , Jon DeVaney, Gerlach, Lynsee Gibbons, we’ve, Association’s DeVaney, , Craig Campbell, Campbell, DeVaney, “ I’ve, Jonathan Haines, Todd Fryhover, “ We’re, “ They’re Organizations: New, New York CNN, Bureau of Labor Statistics, US Apple Association, Gro Intelligence, Tree Fruit Association, USDA, , ” Farmers, Harmony Orchards, Washington Apple Commission Locations: New York, United States, India, Leavenworth , Washington, Washington, Turkey, Iran, Ukraine, Russia, East, South Asia, Yakima, Wenatchee
But as it turns out, I was just not using my imagination, because this year’s Burning Man was an absolute nightmare. casey newtonA bit more of a Drowning Man than a Burning Man, I have to say. kevin rooseYeah, so as someone who’s been to Burning Man, I was fascinated by just the logistics of it all, because it is already a mess to get in and out of Burning Man. kevin rooseSo you are, in addition to a Burning Man escapee this year, you’ve been actually going to Burning Man for a long time. When I say I don’t know what happened, I don’t know what happened to prompt the things that were being directed at us.
Persons: casey newton, kevin roose, I’ve, KEVIN, casey newton It’s, you’ve, it’s, I’ll, casey newton What’s, kevin roose Bluetooth, Kevin Roose, ” casey newton, Casey Newton, Jonathan Greenblatt, Elon, Kevin, casey newton Oh, casey newton You, “ shay, denfreude, kevin roose Schadenfreude, shay, who’s, It’s — casey newton, casey newton That’s, Smart, casey newton Ugh, kevin roose —, casey newton Right, — casey newton, kevin roose What’s, casey newton Sure, ” casey newton Never, Adrian Aoun, He’s, ” adrian aoun, adrian aoun, Larry Page, Adrian, I’m, casey newton Amen, here’s, you’d, we’ve, you’re, Larry, roose, Max, Harry Potter, adrian aoun I’m, they’re, adrian aoun —, , Rice Krispie, kevin roose Wow, let’s, adrian aoun Oh, adrian aoun She’s, She’s —, We’re, wrenches, hitchhike, I, Gerlach, kevin roose She’s, Y, It’s, They’re, — you’re, casey newton We’re, it’s Elon Musk, Elon Musk, Mark Zuckerberg, Donald Trump, West, kevin roose It’s, Casey, casey newton Well, Linda Yaccarino, Jonathan, kevin roose Jonathan, ” jonathan greenblatt, jonathan greenblatt, CHUCKLES, I’d, Linda, kevin roose You, Nick Fuentes, haven’t, Kevin —, that’s, what’s, we’re, casey newton I’ve, jonathan greenblatt I’m, We’ve, — what’s, Here’s, That’s, John, , , CASEY, kevin roose Totally, Hank Green, Hank, ” Hank, hank, It’s Hank, Ben Shapiro, kevin roose Hank, Diana Dionisio, Diana, Snapchat, Jay Hepler, Jay, ” Casey, don’t, casey newton Really, casey newton I’m, Holly Godfrey, Holly, Kevin Scott, Kevin Scott’s, Bing, Rachel Cohn, Jen Poyant, Caitlin Love, Chris Wood, Dan Powell, Elisheba Ittoop, Marion Lozano, Paula Szuchman, Tam, Nell Gallogly, Kate LoPresti, Jeffrey Miranda, CASEY CHUCKLES Organizations: The New York Times, Defamation League, porta, Electric, Google, Labs, Black Rock, casey newton Fair, Burning, Reno, Defamation, Elon, Labor, Twitter, Center, ADL, Nazi, Anti, Twitter’s Trust, Safety, OG, YouTube, Cato Institute, US, Microsoft, Kevins, Davis Locations: Nevada, La Habra , California, Spanish, East, Iraq, Coachella, Bay, Solano County, Toronto, San Francisco, Silicon Valley, Hogwarts, playa, Haiti, Dunkirk, , Gerlach, LA, New York, Reno, it’s Reno, America, Florida, chemo, Tokyo, That’s, hardfork@nytimes.com
Burning Man attendee Masha Maltsava wears trash bags on her feet while walking through water at Burning Man on Saturday, September 2, 2023. Nicole Gollub, who has attended four Burning Man events, said despite her prior experience and serious preparations, she still wasn’t ready for this year’s intense rain. A still from a drone video shows waterlogged campsites at Burning Man on Saturday, September 2, 2023. Still, Burning Man veterans are supportive of these newcomers, according to Gollub. Still, she said, she “didn’t really get it right.”“You need help,” she said, emphasizing the crucial role that community plays in Burning Man.
Persons: Masha Maltsava, , Masha Maltsava ‘, , porta, Nicole Gollub, Gollub, ” Gollub, “ there’s, Kyle M, Omar Sedky, Sedky, Maltsava, Sharief, “ didn’t, ” Sharief, she’d Organizations: CNN, Desert, Man, , “ Reliance Locations: Nevada, Nevada’s, Gerlach, Reno,
CNN —As thousands of people remain unable to leave the Burning Man festival in the Nevada desert after heavy rains inundated their campsites with ankle-deep mud Saturday, authorities say they are investigating a death at the event. Vehicles trying to drive out will get stuck in the mud, Burning Man organizers said Saturday. Dawn brought muddy realization to the Burning Man encampment, where the exit gates remain closed indefinitely because driving is virtually impossible. A rainbow appears at Burning Man in Black Rock Desert, Nevada, on September 2, 2023. “Burning Man is a community of people who are prepared to support one another,” Burning Man said on its website.
Persons: , Trevor Hughes, Dawn, Hannah Burhorn, ” Burhorn, It’s, Sean Burke, Amar Singh Duggal, Andrew Hyde “, Duggal, Burhorn, , Andrew Hyde, Gerlach Organizations: CNN, Land Management, Reno Gazette, Sheriff’s, ” Authorities, Authorities, USA, , Vehicles, , Resources Locations: Nevada, Pershing, Black Rock, Rock, BRC, Reno, San Francisco, , Nevada
Burning Man is facing challenges due to flooding from Tropical Storm Hilary. The gates to the Black Rock Desert event remained closed on Tuesday. AdvertisementAdvertisementBurning Man, the festival beloved by Silicon Valley's elite, is at risk of quenched by Tropical Storm Hilary. Nevada's Black Rock Desert, where the event takes place each year, closed its gate due to flooding caused by the rains of Tropical Storm Hilary, The San Francisco Standard reported. "Temporary gate closures are not abnormal," a Burning Man rep told Insider.
Persons: Hilary, Nevada's, Gerlach, we're, Sergey Brin, Larry Page, Elon Musk, Jeff Bezos, Meta's Mark Zuckerberg, Elizabeth Holmes Organizations: Morning, Silicon, San Francisco Standard, Google, Amazon Locations: Tropical, , Rock
Burning Man Becomes Latest Adversary in Geothermal Feud
  + stars: | 2023-05-17 | by ( Arielle Paul | ) www.nytimes.com   time to read: +1 min
One of the darkest towns in America lies roughly 100 miles north of Reno, where the lights are few and rarely lit until one week each summer when pyrotechnics and LEDs set the sky and mountains aglow. In tiny Gerlach, just outside the Black Rock Desert in Nevada, residents have watched the Burning Man festival grow over the last 30 years to a spectacle of nearly 80,000 countercultural hippies and tech billionaires, offering an economic lifeline for the unincorporated town. Now, Burning Man and Gerlach are more tightly aligned, joining conservationists and a Native American tribe in an alliance against a powerful adversary: Ormat Technology, the largest geothermal power company in the country. Both Burning Man and Ormat share a vision for a greener future, yet neither can agree on the road to get there. The festival promotes self-reliance and leaving no trace of its ephemeral metropolis, yet it contributes an enormous carbon footprint; the power company is vested in the future by battling climate change, but its clean energy facilities pose a threat to local habitats while reaping a sizable profit.
"They fire, we hire," said Rainer Zugehoer, Chief People Officer at Cariad, the software subsidiary of automaker Volkswagen (VOWG_p.DE). Spooked by inflation and the prospect of recession, Google parent Alphabet (GOOGL.O), Microsoft (MSFT.O) and Facebook owner Meta (META.O) have announced a combined almost 40,000 job cuts. Germany, with one of the world's oldest populations, has gaping holes in its labour force: according to IT industry group Bitkom, 137,000 IT jobs are unfilled. Gerlach added, adding Munich's famed beer festival to the strong labour protections that might prove attractive to the newly jobless. "Bureaucracy in Germany is utterly crippling for most highly-qualified workers when they first encounter it, especially if they don't speak German," said Diana Stoleru of Berlin startup Lendis.
A bagpipe player and a belly dancer on stilts, participants in the "Burning Man" festival, cross a section of the Black Rock Desert in Nevada. Organizers of the art and cultural festival Burning Man and several environmental groups have filed a lawsuit against the U.S. Bureau of Land Management (BLM) over the agency's approval of a geothermal exploration project in northwestern Nevada. The suit, filed in Nevada federal court on Monday, alleged that the BLM violated the National Environmental Policy Act and other laws in 2022 when it failed to adequately assess the environmental impacts of an exploration plan by the developer Ormat. The suit alleges that the agency conducted a limited environmental review that only took into account the project's impacts on Gerlach. The town only has a population of about 100 people, but serves as a gateway to the festival, which attracts 70,000 people each year.
How 2022 shocked, rocked and rolled global markets
  + stars: | 2022-12-30 | by ( Marc Jones | ) www.reuters.com   time to read: +6 min
The main drivers have been the war in Ukraine, combined with rampant inflation as global economies broke out of the pandemic, but China remained shackled by it. U.S. Treasuries and German bonds, the benchmarks of global borrowing markets and traditional go-to assets in troubled times, lost 17% and 25% respectively in dollar terms. Ten-year Treasury yields jumped to 1.8% from less than 1.5%, knocking 5% off MSCI's world stocks index (.MIWD00000PUS) in January alone. The Fed has delivered an eye-watering 400bps of rate hikes and the European Central Bank, a record 250bps, despite saying this time last year it was unlikely to budge. "What has gone in global markets this year has been traumatic," said EFG Bank Chief Economist and ex-Deputy Governor of Ireland's central bank, Stefan Gerlach.
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