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☆ Millennials have a fresh take on the FIRE movement, and it's less about taking it easy in retirement
▼ + stars: | 2024-05-18 | by ( Noah Sheidlower | Kathleen Elkins | ) www.businessinsider.com time to read: +12 min

BI spoke to a dozen millennials who have achieved or are on track to achieve financial independence. Brad Barrett, the host of the "ChooseFI" podcast, said "vanishingly few" people with the wherewithal to reach financial independence are retiring early. AdvertisementHe argued that achieving financial independence and hitting a specific number is "the simplest part." Advertisement"I defined myself by the pursuit of financial independence," Sabatier, the author of "Financial Freedom," said. Don't delay figuring out what you really want, why you're pursuing financial independence, and what you want to do after."

Persons: Jace Mattinson, Mattinson, Jace Mattison, Jace Mattison Mattinson, Motley, they're, Millennials, millennials, Scott Rieckens, Brad Barrett, you've, Bill Schaninger, Naina Dhingra, Schaninger, Mitch, —, Brian Luebben, Grant Sabatier, Sabina Horrocks, She's, she'd, Michelle Schroeder, Gardner, Wes, I'm, Lauren, Steven Keys, Steven, you'll, We're Organizations: he'd, Business, FIRE, Facebook, McKinsey, FI, Academy, Marketing Locations: Austin, Minnesota

☆ 'The Pillowcase Murders': What happened to Billy Chemirmir? Authorities say he killed 22 older women in 2 years.
▼ + stars: | 2024-05-17 | by ( Eammon Jacobs | ) www.businessinsider.com time to read: +4 min

Read preview"The Pillowcase Murders" puts the convicted murderer Billy Chemirmir in the spotlight. The Paramount Plus docuseries details how authorities accused him of killing 22 older women between 2016 and 2018, though he was only found guilty of two murders. Chemirmir attacked women living in nursing homes and senior living communities in Texas, prosecutors alleged. AdvertisementHe posed as a maintenance man to gain entry into the building and then used pillows to smother his victims, prosecutors said. AdvertisementAccording to press releases from prosecutors, Chemirmir was ultimately accused of killing 13 women in Dallas County and 9 in Collin County.

Persons: —, Billy Chemirmir, Chemirmir, Mary Bartel, Lu Thi Harris, Mary Brooks Billy Chemirmir, Tom Fox, Mary Brooks, Prosecutors, Wyatt Busby, Shannon Dion Organizations: Service, Paramount, Netflix, Business, NBC, Dallas, Dallas Morning News, Coffield Unit, Associated Press, Guardian, Texas, Fox Locations: Texas, Fort Worth, Dallas County, Collin County, Anderson County, Dallas

☆ Ukraine's getting more longe-range missiles that leave the Russians with 'nowhere to hide'
▼ + stars: | 2024-05-16 | by ( Jake Epstein | ) www.businessinsider.com time to read: +9 min

The number of missiles isn't publicly known, but ATACMS missiles average about $1.3 million each. These air-dropped missiles can fly at low altitudes to avoid detection and have been used to strike Russian naval headquarters and vehicle-repair depots in the occupied Crimean peninsula. The arrival of Storm Shadow missiles — and, several months later, ATAMCS — presented new challenges for Moscow, but Ukraine has received so few it has had to bee choosy over what to target. Indeed, Kyiv has used the American missiles in recent weeks to strike Russian airfields and troop gatherings. Missiles like ATACMS and Storm Shadow "will enable Ukraine to neutralize Russia's advantages and eventually enable them to regain the initiative," he added.

Persons: —, Ben Hodges, John Hamilton The, Jake Sullivan, Grant Shapps, Ben Stansall, Dan Rice, you've, Rice, ATAMCS —, Serhii, Hodges, Moscow's, Jack Watling, Watling Organizations: Service, US, Business, US Army, Army Tactical Missile System, White, MGM, Tactical Missile Systems, Biden administration's, Republicans, Congress, Kyiv, General Staff, Ukrainian Armed Forces, Storm, Shadow, Farnborough, American University Kyiv, Artillery Rocket Systems, Getty, Missiles, Russian Defense Ministry, Royal United Services Institute Locations: Ukraine, New Mexico, Washington, Kyiv, Ukrainian, Italy, France, Crimean, Russia, Russian, Moscow, Donetsk Oblast, Berlin, Avdiivka, Anadolu, Kharkiv

Thedieck, now 31, is still in the military, and has gotten an awful lot of what he's wanted ever since. Darren Thedieck, age 31, joined the Air Force at age 18. Saving on a military salaryThedieck was interested in saving and investing long before he joined the Air Force. Right now, though, the plan is for that money to provide a financial "cushion" for the family, Thedieck says. Instead of full retirement after military life, both he and Naudia plan to take off in a new direction.

Persons: Darren Thedieck wasn't, he's, Thedieck, He's, Darren Thedieck, Andrea Ferro, Naudia, Denmark —, he'll, — Warren Buffett, Benjamin Graham, Darren, That's, They're Organizations: CNBC, U.S . Air Force, Air Force, titans, Social Security, Service Credit Union, Apple, Disney, Netflix, Spotify, FIRE Locations: Las Vegas, England, South Korea, Germany, Aviano, Italy, Venice, Denmark, United States

☆ These wall-climbing, AI-powered robots are finding the flaws in 'D' grade US infrastructure, from commuter bridges to military hardware
▼ + stars: | 2024-05-15 | by ( Ian Thomas | ) www.cnbc.com time to read: +4 min

A focus on military hardware, from subs to aircraft carriersGecko robots are increasingly being utilized by the U.S. military. In 2022, the U.S. Air Force awarded Gecko Robotics a contract to help it with the conversion of missile silos. Gecko Robotics technology can collect upwards of 20 million data points in a tenth of the time, Loosararian said. The digital twins being created by Gecko robots also help with the building of future projects, saving not only time but resources and capital. "It's not just about how things work day-to-day but also how do you build smarter things," Loosararian said."

Persons: Baltimore's Francis Scott Key, weren't, Jake Loosararian, CNBC's Julia Boorstin, Loosararian, It's Organizations: Robotics, CNBC, Biden's, U.S ., U.S . Air Force, U.S . Navy, Columbia, Navy, USS Locations: Philadelphia, U.S, New York City, China

☆ Cargo ship outages on the day before the Baltimore bridge collision may have impacted ship’s operations, NTSB chief says
▼ + stars: | 2024-05-15 | by ( Gregory Wallace | Eric Levenson | ) edition.cnn.com time to read: +5 min

That may have impacted the ship’s operations when it left the port a day later, she said. “Switching breakers is not unusual but may have affected operations the very next day on the accident voyage,” Homendy said. The NTSB report found that the Dali had experienced two blackouts a day earlier while still moored in the port. The NTSB report details the frantic efforts of those on the Dali to stop the ship and warn those on the bridge of potential disaster. “He ran north and made it to the nearest surviving span before the rest of the bridge collapsed,” the report states.

Persons: Dali, Francis Scott Key, Jennifer Homendy, ” Homendy, Homendy, Peter Gautier, William H, Shailen Bhatt, Gautier, Graham, Bhatt, ” Organizations: CNN, National Transportation Safety, NTSB, Committee, Transportation, Hyundai, Coast Guard, Army Corps of Engineers, Federal, Administration Locations: Port of Baltimore, Homendy, El Salvador, Mexico, Guatemala, Honduras

☆ US Air Force's F-22 Raptors lost to German Eurofighters in mock dogfights, but the verdict on the superior jet isn't as simple
▼ + stars: | 2024-05-14 | by ( Alex Hollings | Sandboxx News | ) www.businessinsider.com time to read: +29 min

German Air Force Eurofighter Typhoon fighter jets fly during a media day. Piroschka van de Wouw/ReutersDespite their generational differences, the F-22 Raptor and Eurofighter Typhoon actually have a number of things in common. A German air force Eurofighter Typhoon taxis toward the runway at Eielson Air Force Base in Alaska before departing for a combat-training mission, June 11, 2012. So what's the verdict between the F-22 Raptor and Eurofighter Typhoon? A composite image showing a German air force Eurofighter Typhoon jet and a US Air Force F-22 Raptor.

Persons: …, Valerie R, David Cenciotti's, Piroschka van de Wouw, it's, Randy Gordon, Sam Eckholm, doesn't, Rich Wells, Thomas Wiegold, John P, Michael Holzworth, It's, Marc Gruene, haven't, Gruene, isn't, Jens Stoltenberg, Bernd Wüstneck, Eurofighters, Chris Jung, That's, Eric Wicklund, Erich Hartmann, He's, Alex Muller, Andreas Pfeiffer, who's, Thomas Bergeson, Wade Tolliver, we're, Dirk Smith, Mike, Bertie Simmonds, Micheal Jordan, Chesty Puller Organizations: Service, EA, German Eurofighter Typhoons, Business, Eurofighter, Spangdahlem Air Base, US Air Force, Tactical Air Force, America's Raptors, BFM, Germany's Eurofighter, Farnborough, Air, Germany's, German Air Force Eurofighter, Reuters, Typhoon, MIT, RAF, Breaking Defense, AIM, Air Force, Staff, Raptors, Eielson Air Force Base, Tech, Germany's Air Force, Combat Aircraft, TVC, Raptor, NATO, Tactical Air, Getty, Typhoons, Seoul International Aerospace, Defense, Eurofighters, 4th, US Navy, KC, Red Flag, Navy SEAL, ISIS, Qaeda, Flag, FS, Eurofighter Typhoon Locations: Germany, Alaska, Red, Estonia, Vietnam, Flag Alaska, gun's, American

Investigators recounted the crew’s desperate efforts to restore electrical power and halt the ship’s drift toward the bridge. They described how one of eight maintenance workers still on the bridge that night managed to sprint to safety moments before the bridge collapsed. The 985-foot-long vessel departed the Port of Baltimore around 1 a.m. on March 26 and traveled along a heavily used shipping channel that would take it under the Francis Scott Key Bridge. But as it approached the bridge, the power went out on the vessel and alarms blared. Transportation officials have been re-examining structural protection systems on bridges, which in some cases are missing or flawed, that are supposed to deflect wayward ships away from bridge piers.

Persons: Francis Scott Key Organizations: Investigators, Transportation Locations: Port of Baltimore

☆ How to integrate OT and IT for maximum business value
▼ + stars: | 2024-05-13 | by ( Sponsor Post | ) www.businessinsider.com time to read: +7 min

By Ganesh Bukka, Vice President & Global Head, Industry 4.0, Hitachi Digital ServicesData is supposed to unlock operational efficiency and productivity. OT and IT integration can enable business agility, optimize operations, help businesses hone their competitive edge, and inform decision-making so they can quickly seize emerging business opportunities. Data integration supports intelligent decision-making, which in turn supports business continuityThe real-world perspective is essential because this is not a theoretical discussion. Realize OT and IT integration with an industry-experienced partnerAchieving that level of performance requires the intelligent integration of OT and IT. Learn more about how Hitachi Digital Services partners with companies to integrate OT and IT and empower informed decision-making.

Persons: Ganesh Bukka Organizations: Global, Industry, Hitachi Digital Services, Hitachi, Insider Studios

Smarter grids, like Chattanooga's, are just part of what it will take to modernize the American grid in the coming decades. A troubled transition to renewable energyOffshore wind farms are one of the growing areas of renewable energy. And the Edwards & Sanborn project, the US's largest solar energy and energy storage project in California, came online in January. Renewable energy is not only cleaner than fossil fuels but also often less expensive. Breaking down barriersThe US grid isn't designed for fluctuating renewable energy, so much of it goes to waste because clean-energy projects can't connect to the grid.

Persons: Kevin Schneider, Harris, Joe Rand, Joshua Rhodes, barleyman, Edwards, Rand, Philip Odonkor, Seib, headwinds, Julia Bovey, Ørsted, Bovey, Paul Denholm, We'll, Denholm, There's, PATRICK T, FALLON, we're, Schneider, We've, EPB, MISO, it's Organizations: Infrastructure, Service, Pacific Northwest National Laboratory, Nationwide, Biden, Lawrence Berkeley National Laboratory, University of Texas, Renewables, Sanborn, of Systems, Enterprises, Stevens Institute of Technology, Trump, Fork, Eversource Energy, National Renewable Energy Laboratory, Getty, Infrastructure Law Locations: Chattanooga , Tennessee, Chattanooga, EPB, Austin, Maine, North Carolina, California, United States

☆ A US Navy supply ship was run aground by a distracted junior officer after the ship's captain left to eat dinner, investigation reveals
▼ + stars: | 2024-05-13 | by ( Konstantin Toropin | ) www.businessinsider.com time to read: +4 min

Read previewA Navy supply ship was run aground by a junior officer off the coast of Bahrain shortly after the ship's master — or captain — left the bridge to eat dinner, an investigation revealed. The master took the ship there and then went to eat dinner, leaving the ship in the hands of a much more junior third officer. Less than 30 minutes later, the Alan Shepard was grounded on a shoal. An MH-60S Sea Hawk approaches the Lewis and Clark-class dry cargo and ammunition ship USNS Alan Shepard. Sailors aboard guided-missile destroyer USS Spruance hold the phone and distance line during a replenishment-at-sea with dry cargo ship USNS Alan Shepard.

Persons: —, Alan Shepard, Lewis, Clark, James Hong, Military.com, Alan Shepard's, Spruance, Taylor Crenshaw, Arleigh Burke, Andrew Langholf, Howard, Cmdr, Kenji Igawa Organizations: Service, Navy, Business, US Navy, US Coast Guard, Halsey Locations: Bahrain, Bali, Indonesia

☆ This global stock could rally 140% on a hydrogen fuel boom, analyst says
▼ + stars: | 2024-05-13 | by ( Ganesh Rao | ) www.cnbc.com time to read: +3 min

WAH-FF 1Y line The number of hydrogen refueling stations, a key focus for Wolftank, has risen by more than 600% to 178 across Europe over the past decade. The company expects revenues from ongoing hydrogen projects to exceed 16 million euros in 2024, with projected figures for 2025 of around 18 million euros. "The company is seeing a great deal of customer interest in its hydrogen refuelling solutions," said Metzler analyst Guido Hoymann. Late last year, Wolftank was awarded a major hydrogen refueling station contract with a public transport provider near Lake Iseo in northern Italy. Last week, the company also revealed that it was awarded two further contracts totaling 6.7 million euros.

Persons: Metzler, Guido Hoymann, Wolftank, Patrick Speck, Miguel Lago Mascato, FactSet, — CNBC's Sophie Kiderlin Organizations: Wolftank, CNBC Locations: Austria, Europe, Germany, Italy, Lake Iseo, Emilia Romagna

☆ Your home sale could trigger capital gains taxes. Here's how to calculate your bill
▼ + stars: | 2024-05-13 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +2 min

You can reduce your home sale profit by adding often-forgotten costs and fees to your basis, which minimizes your capital gains tax liability. For example, you can start by tacking on fees and closing costs from the purchase and sale of the home, according to the IRS. The average closing cost nationwide is $4,243, according to a report from Assurance, but fees vary widely. That includes your real estate commissions and closing costs. The 'best way' to reduce capital gains taxesYou can further increase your home's basis by tacking on the cost of eligible upgrades, experts say.

Persons: Thomas Scanlon, Raymond James, Scanlon, tacking, Paul Fenner Organizations: Westend61, tacking, Tamma Locations: Manchester , Connecticut, New York, California, Commerce Township , Michigan

☆ Gig work is the new Ellis Island for immigrants looking for work. But many drivers feel trapped in the long hours and low pay.
▼ + stars: | 2024-05-12 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +12 min

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

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

☆ A 10-foot-wide house was built 'out of spite' on a leftover piece of land in Florida and is selling for $619,000. See inside.
▼ + stars: | 2024-05-11 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +1 min

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

☆ Social Security Administration to expand access to certain benefits through several upcoming changes
▼ + stars: | 2024-05-10 | by ( Lorie Konish | ) www.cnbc.com time to read: +2 min

Kate_sept2004 | E+ | Getty ImagesUpdates to definition of public-assistance householdThe agency on Thursday announced a new rule to expand the definition of a public-assistance household. Now, households that receive Supplemental Nutrition Assistance Program, or SNAP, payments and those where not all members receive public assistance will be included. "By simplifying our policies and including an additional program geared towards low-income families, such as the SNAP, we are removing significant barriers to accessing SSI," Social Security Commissioner Martin O'Malley said in a statement. SNAP is the first public income maintenance benefit to be added to the public-assistance household definition since 1980, according to the Social Security Administration. Other rule changes to help beneficiariesThe Social Security Administration is also working to address outdated practices through two other rules that are set to go into effect on Sept. 30.

Persons: Martin O'Malley, Darcy Milburn, Milburn, Brown Organizations: Assistance, SNAP, SSI, Social Security Administration, Social, Social Security, National Disability Institute, SSA

☆ A 'severe' geomagnetic storm is forecast for Earth for the first time in years — here's what to know about these storms
▼ + stars: | 2024-05-10 | by ( Ellyn Lapointe | ) www.businessinsider.com time to read: +4 min

Read previewFor the first time in nearly 20 years, the National Oceanic and Atmospheric Administration has forecasted a "severe" G4 geomagnetic storm to hit this Friday, dazzling states across the northern US with aurora. G4 storms are the second-strongest type of geomagnetic storm. "If geomagnetic storms were hurricanes, 'severe' would be category 4," according to SpaceWeather.com. Solar storms happen when the sun shoots powerful explosions of highly-energized and magnetic plasma called coronal mass ejections toward Earth. Also, a severe storm might disrupt GPS, so it's best to have a written record and directions to important locations, like hospitals.

Persons: —, Matt Owens, Owens, George Lepp, Alex Young, NASA Goddard's, it's, Young Organizations: Service, National Oceanic, Atmospheric Administration, Business, University of Reading, NASA, NOAA, Northern, NASA Goddard's Heliophysics Locations: Sweden, South Africa, Michigan, New York, Pennsylvania

☆ Former passenger jets bought by US firm tasked with creating next generation nuclear ‘Doomsday’ planes
▼ + stars: | 2024-05-10 | by ( Brad Lendon | ) edition.cnn.com time to read: +3 min

At least one Doomsday plane is on alert 24/7 at a US military base somewhere in the world, the Air Force says. On Friday, a spokesperson for the Colorado-based Sierra Nevada confirmed the purchase of the Korean Air jets but would not give any further details. A Korean Air Boeing 747-800 landing at Rome Fiumicino airport. Earlier this week, Korean Air announced the $675 million sale of five of its aircraft to Sierra Nevada. Korean Air had nine 747-800 passenger jets in its fleet as of October 2023, according to its website.

Persons: Fabrizio Gandolfo, Yoonjung Seo Organizations: South Korea CNN, Boeing, South Korean, Korean, Sierra Nevada Corporation, US Air Force’s, Pentagon, Joint Chiefs, Air Force, US Department of Homeland Security, Korean Air, Korean Air Boeing, Sierra Nevada, Airborne Operations Center, Defense, Dayton International Airport Locations: Seoul, South Korea, Asia, United States, Colorado, Sierra Nevada, Rome Fiumicino, Ohio, Dayton

The three companies collectively operate 75 U.S. casinos that permit indoor smoking, where state law allows. States like Nevada and New Jersey have prohibited indoor smoking more broadly, but carved out exceptions for casinos. Legislation to end indoor smoking at casinos is in various stages in several states across the country, including New Jersey, Pennsylvania and Rhode Island. Advocates for smoking bans point to research by C3 Gaming that concluded smoke-free casinos generate more revenue and outperform competitors that allow smoking. In Las Vegas, MGM Resorts opened the first casino resort on the Strip to prohibit indoor smoking and even smoking on the pool deck.

Persons: Boyd, Bally's, it's, Jan Jones Blackhurst, we've, Marc Oppenheimer, we're, it'll Organizations: Boyd Gaming, Bally's Entertainment, Caesars Entertainment, Trinity Health, Nonsmokers, Rights Foundation, Trinity, Caesars, The Securities, Exchange Commission, C3 Gaming, SBC, North, United Auto Workers, Disease Control, U.S, CNBC, Las Vegas, MGM Resorts, MGM Locations: Livonia , Michigan, Bally's, U.S, Nevada, New Jersey, New Jersey , Pennsylvania, Rhode Island, North America, United States, Pennsylvania, Bensalem, Philadelphia, Las

☆ I've been offered every job I've interviewed for. Here are 5 questions I ask interviewers.
▼ + stars: | 2024-05-09 | by ( Tim Paradis | ) www.businessinsider.com time to read: +8 min

She shared her strategy for acing job interviews, which includes having five key questions ready. She recently posted a TikTok about five questions she has ready for a job interview. Lindstrom says she believes asking at least some of these questions is why she's always landed a role she interviewed for. I really drove home that it doesn't stop at 5 p.m. My job stops when my job is done. I wanted my audience to know that asking about it is so important because if you're miserable in your job, you're only setting yourself up to fail.

Persons: Kendal Lindstrom, —, Lindstrom, she's, you've, I've, it's, I'm, that's, That's Organizations: Service, Starbucks Locations: Scottsdale , Arizona

☆ I quit my finance job and became an Airbnb host in Italy. I have no regrets about choosing happiness over money.
▼ + stars: | 2024-05-08 | by ( Perri Ormont Blumberg | ) www.businessinsider.com time to read: +6 min

Anton Govor left his corporate finance career to become an Airbnb host on Lake Garda in Italy. I visited Lake Garda for the first time when I was 21The main guesthouse at GardaDoma. Courtesy of GardaDomaDuring a drive from Munich to Florence, I stopped in Lake Garda completely by chance. AdvertisementI chose to leave my finance career behindIn December 2018, my second son was born at Lake Garda, and I took parental leave at our house. I devote 1 to 4 p.m. to property maintenance and planning the dinner menu with our work family, who take shifts in cooking.

Persons: Anton Govor, Govor, he's, —, It's, Ernst & Young, Brenzone, Airbnb Organizations: Garda, Service, Ernst &, MOEX Group, Lake Garda Locations: Italy, Brenzone sul Garda, Moscow, Lake, Munich, Florence, Europe, Russia, Easter

☆ What the proxy fight at Norfolk Southern means for railroad safety
▼ + stars: | 2024-05-08 | by ( Chris Isidore | ) edition.cnn.com time to read: +10 min

The fight has split the railroad’s unions, who disagree which management team – the current Norfolk Southern leadership or one proposed by activist investor Ancora Holdings – would be best for safety and the railroad’s employees. Norfolk Southern CEO Alan Shaw, third from left, listens to testimony during a hearing held by the Senate Commerce, Science, and Transportation Committee on March 22, 2023 in Washington, DC. The committee heard testimony on "Improving Rail Safety in response to the East Palestine Derailment." BLET said that Orr’s appointment shows that Norfolk Southern is committed to additional use of PSR, no matter which side wins the the proxy fight. On February 3rd, a Norfolk Southern Railways train carrying toxic chemicals derailed causing an environmental disaster.

Persons: Alan Shaw, Amit Bose, Win McNamee, Bose, ”, “, Jeremy Ferguson, Shaw, “ Shaw, Jerry Sturdivant, John Orr, BLET, Michael Swensen, Jim Barber, Glass Lewis, Ancora Organizations: New, New York CNN, Norfolk, Norfolk Southern, Ancora Holdings, PSR, Federal Railroad Administration, Senate Commerce, Science, Transportation, Shaw, SMART, of Locomotive Engineers, Trainmen, NS, Canadian Pacific, Canadian Pacific Kansas City, Way Employees, Norfolk Southern Railways, Teamsters, UPS, CSX, Union Pacific Locations: New York, Norfolk Southern, Atlanta, East Palestine , Ohio, Norfolk, East Palestine, Washington ,, Canadian Pacific Kansas, Palestine, ”, NS

☆ US Marines debuted a new amphibious combat vehicle, which was previously pulled out of the water after multiple rollovers
▼ + stars: | 2024-05-08 | by ( Drew F. Lawrence | ) www.businessinsider.com time to read: +4 min

The US Marines' new amphibious combat vehicle made its first overseas deployment in the Philippines. AdvertisementThe Marine Corps ' new amphibious combat vehicle, or ACV, debuted in the Philippines as part of its first overseas deployment after more than a year-and-a-half of limited operations. AdvertisementA US Marine Corps amphibious combat vehicle splashes off the amphibious dock landing ship USS Harpers Ferry (LSD 49) during Exercise Balikatan 24 in Palawan, Philippines. AdvertisementUS Marine Corps amphibious combat vehicles conduct a towing exercise during Exercise Balikatan 24 in Palawan, Philippines. That vehicle, called the amphibious assault vehicle, or AAV, had been used since the 1970s.

Persons: —, ACVs, Col, Sean Dynan, Lance Cpl, Peyton Kahle, Matthew Bylski, Chris Mahoney, Boxer, Military.com Organizations: US Marines, Service, Corps, Marines, Pacific, 15th Marine Expeditionary Unit, Marine Corps, US Marine Corps, . Locations: Philippines, Philippine, South, Camp Pendleton , California, Palawan, Oyster Bay, USS Somerset, San Diego

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