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☆ From the ocean views to naming the crocodiles: 4 Citadel employees open up about life in Miami two years after Ken Griffin made Florida his new home
▼ + stars: | 2024-03-14 | by ( Emmalyse Brownstein | ) www.businessinsider.com time to read: +18 min

Two of the people we spoke with moved from New York City, one from London, and one from Seattle. Citadel's Miami office overlooks the Biscayne Bay and downtown Miami. Citadel and Citadel Securities also cover the cost of a weeklong visit to Miami for employees and significant others who are considering moving there. Cupjin Huang just started his job as a quant researcher for Citadel Securities this year. AdvertisementCupjin Huang, a quant researcher at Citadel Securities, in Miami with his dog Rufus.

Persons: —, it's, Ken Griffin, Thoma Bravo, Goldman Sachs, Griffin, Lin, Manuel Miranda's, Hamilton, Maksim Solovjov, Miami doesn't, Rich Cummings, there's, Liz Boyhan, Cupjin Huang, Huang, Rufus, Pitbull, that's, Cummings, Solovjov, It's, you'll, Alexander Spatari, Inrix, she's, haven't, Fortune, he's, Boyhan, I've, fiancé Organizations: Service, Southeast Financial Center, Citadel Securities, Business, Bloomberg, Citadel, Citadel Citadel, Miami Dolphins, Miami, Prix, Citadel's, Downtown, Alibaba, BI, Key, New, New York City, Transportation, Fairchild, Botanic, Miami - Dade, Miami Beach, Google, UBS Locations: Miami, Biscayne Bay, Fisher, South Beach, York, Wall, New York, United States, New York City, London, Seattle, Magic, Bay, Florida, Downtown Miami, Brickell, Chihuahua, Hawaii, —, Orlando, Los Angeles, Coral Gables, Fairchild, Italian, Tua, Solovjov, Manhattan

☆ This city has the worst traffic in the U.S.—and it's actually a good thing: 'Congestion shows the economy is moving'
▼ + stars: | 2023-08-17 | by ( Celia Fernandez | ) www.cnbc.com time to read: +1 min

In contrast, others have more traffic congestion and delays than before the pandemic, according to the Global Traffic Scorecard report by INRIX, a transportation analytics company, released earlier this year. Nationally, drivers spent 4.8 billion hours in congestion, which is still short of 2019's 6 billion lost hours. Of the cities ranked Chicago and Miami now have more traffic congestion and delays than they did pre-Covid, while Boston, New York, and Los Angeles have yet to catch up. When you're in the moment congestion might seem bad, but Pishue says it's a sign of a good economy. Traffic is a problem, but it's reflective of people going to the office, running errands, shopping, visiting relatives, which are all good things."

Persons: INRIX, Bob Pishue, Pishue Organizations: CNBC, Chicago Locations: States, Miami, Boston , New York, Los Angeles

☆ The collapse of the I-95 bridge in Philadelphia should've taken months to repair. Here's how the city fixed it in 12 days.
▼ + stars: | 2023-07-24 | by ( John Kell | ) www.businessinsider.com time to read: +9 min

In June, the collapse of the I-95 bridge in Philadelphia brought one of the city's busiest thoroughfares to a standstill. But in Philadelphia, I-95 reopened just 12 days later, restoring order on one of the busiest thoroughfares in the area. That quick work, Belmonte said, was one of many key decisions that got the reconstruction project moving rapidly. Meanwhile, congestion immediately spiked on the roadways near the I-95 collapse as emergency crews rushed to set up detours. Bartash said her travel time to Bucks County doubled to two and a half hours during the I-95 bridge reconstruction.

Persons: Josh Shapiro, Shapiro, Lou Belmonte, Belmonte, Billy Kyle, guardrails, PennDOT, Inrix, Bob Pishue, Laura Ahramjian, Ahramjian, Stephanie Bartash, Bartash, Jo Bradley, Bradley, It's Organizations: Morning, Pennsylvania, Infrastructure Investment, Jobs, Pennsylvania Department, Transportation, Pennsylvania's Department of Transportation, Buckley, Co, Philadelphia, Pennsylvania Department of Transportation, Pocono, NASCAR, Kittelson, Associates, Bucks, Philadelphia Phillies Locations: Philadelphia, Atlanta, Mississippi, Minnesota, Philadelphia County, Vine, Pennsylvania, Jersey Shore, Delaware, New Jersey, Ambler , Pennsylvania

☆ A remote worker who starts his job at 7:30 a.m. and takes afternoons off says the schedule 'makes it a lot easier to manage my focus, my energy, and just my overall attitude'
▼ + stars: | 2023-03-26 | by ( Juliana Kaplan | ) www.businessinsider.com time to read: +5 min

Remote workers taking afternoons off are powering a boom in golfing and other leisure activities. Maganas, 60, is one of the many American remote workers powering an afternoon-leisure boom. That type of schedule, which Maganas has had for about 20 years, has become increasingly popular with the widespread adoption of remote work. Research from Nick Bloom, a Stanford University economist who's studied remote work for nearly 20 years, and his colleague Alex Finan tracks a rise in split schedules for those who are remote. For those considering a foray into the split schedule, Maganas recommends giving it a try and seeing whether it affects stress levels.

While remote workers are hitting the green on weekday afternoons, productivity isn't dropping. That's good news for leisure businesses and shows remote work has changed people's work structures. While some companies have called employees back to the office, Bloom doesn't think remote work is going anywhere. All those remote workers hitting the green doesn't necessarily mean people are working less. This will raise 'Golf productivity' — the number of golf courses played (and revenue raised) per course."

☆ Why traffic can't be solved with just adding more highway lanes
▼ + stars: | 2023-02-07 | by ( Robert Ferris | In | ) www.cnbc.com time to read: +1 min

Traffic and congestion have been worsening in American cities for decades. In 2019, before the pandemic, traffic snarls cost the average American nearly 100 hours and nearly $1,400. Highway traffic eased through 2020 and 2021, during the worst of the pandemic, but now it's back. Some experts say cities need more of everything: widened roads, more public transit, and better urban design and planning. Widening roads alone is a commonly proposed fix, but experts say it's only part of the solution.

Twenty people who were on a Hawaiian Airlines flight near Honolulu suffered significant injuries when the jetliner bucked violently in a patch of turbulent air Sunday, officials said. The aircraft was at capacity, with 278 passengers, eight flight attendants and two pilots on board, when the incident shook it enough to damage interior panels and cause head injuries for multiple people, Hawaiian Airlines officials said. Flight 35 was at a cruising altitude of 36,000 feet when it hit the patch, Hawaiian Airlines Chief Operating Officer Jon Snook said at a news conference Sunday. Fasten seat belt lights were on at the time, but at least some of the injured were not restrained properly, airlines officials said. Such a level of turbulence has not affected a Hawaiian Airlines flight since the century began, Snook said.

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