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Why Are Gold Bar Sales Surging at Costco?
  + stars: | 2024-04-11 | by ( Rebecca Carballo | ) www.nytimes.com   time to read: 1 min
Alongside its $1.50 hot dog and soda combo, gallon tubs of mayonnaise and value packs of socks, Costco, the warehouse retailer, has been selling gold bars since October. Now, retail analysts say Costco is selling up to $200 million worth of gold and silver each month, according to an analysis from Wells Fargo. Online forums and Reddit threads have cropped up where customers give each other advice on how to purchase the bars before they sell out. “I’ve gotten a couple of calls that people have seen online that we’ve been selling one-ounce gold bars, yes, but when we load them on the site, they’re typically gone within a few hours,” Richard Galanti, executive vice president and chief financial officer, said in an earnings call in September.
Persons: “ I’ve, ” Richard Galanti Organizations: Costco Locations: Wells Fargo
A storm system on Saturday brought heavy rain to the Northeast and heavy snow to parts of New England and Northern New York, leaving more than 300,000 households in several states without electricity. More than 194,000 electricity customers in Maine, more than 71,000 customers in New Hampshire and more than 78,000 in New York State had lost power as of early Sunday morning, according to PowerOutage.us, a website that tracks power failures. In New York City, the heavy rain and snow cleared overnight, according to the National Weather Service. But a flood advisory for parts of New Jersey and New York City was in effect until 5 a.m.A flood warning had also been issued for Warren County, N.J., until 8:30 a.m. Such a warning, a higher level than an advisory, means that flooding is imminent or occurring.
Organizations: New York State, National Weather Service Locations: New England, Northern New York, Maine, New Hampshire, New York, New York City, New Jersey, Warren County, N.J
A team of 21 scientists set off on an expedition in the largely uncharted waters of Bounty Trough off the coast of the South Island of New Zealand in February hoping to find a trove of new species. The expedition paid off, they said on Sunday, with the discovery of 100 new species, a number that was likely to grow, said Alex Rogers, a marine biologist who was a leader of the expedition. “I expect that number to increase as we work through more and more of the samples,” Dr. Rogers said. “I think that number is going to be in the hundreds instead of just 100.”Dozens of mollusks, three fish, a shrimp and a cephalopod that is a type of predatory mollusk were among the new species found in the expedition, which was led by Ocean Census, a nonprofit dedicated to the global discovery of ocean life, the National Institute of Water and Atmospheric Research in New Zealand, and the Museum of New Zealand Te Papa Tongarewa.
Persons: Alex Rogers, Dr, Rogers, , Papa Tongarewa Organizations: New Zealand, Ocean, National Institute of Water, Atmospheric Research, Museum Locations: New, New Zealand, Papa
A former employee of the cruise ship company Royal Caribbean was accused of placing cameras in guests’ bathrooms and of hiding in their bedrooms and recording them when they took off their clothes, with one of his reported targets being as young as 10. It was not clear how the actions that led to the charges came to light. “We have zero tolerance for this unacceptable behavior,” the company said in a statement. The cruise line alerted federal and state law enforcement agencies on Feb. 26, when the ship was still sailing on international waters. On Sunday, when it docked in Fort Lauderdale, Fla., law enforcement officers searched his devices, including a cellphone, camera, Apple Watch and a flash drive.
Persons: Arvin Joseph Mirasol, Mirasol Organizations: Royal, Court, Apple Watch Locations: Royal Caribbean, U.S, Southern Florida, voyeurism, Broward County, Fla, Fort Lauderdale
For nearly an hour, the driver of a tractor-trailer was trapped in its cab as it dangled high above the Ohio River off the side of a Kentucky bridge after a multivehicle crash on Friday. From the bridge, emergency responders shouted directions to the driver. Emergency crews set up a rope system and lowered a Louisville, Ky., firefighter, Bryce Carden, to rescue her. “Thank God,” the driver said when Mr. Carden drew even with the truck’s cab, he recalled at a news conference on Friday. Initially, Mr. Carden said, he struggled to free the driver from her seatbelt.
Persons: Bryce Carden, Carden, , Locations: Ohio, Kentucky, Louisville, Ky
Jonathan Hayes woke up at 5 a.m. in rural Maine to feed his 20-some dogs Monday morning, and his heart sank when he learned that the sled race they had been training for since the fall was canceled. The Can-Am Crown International Sled Dog Race, the longest sled-dog race in the Eastern United States, will be canceled because of a lack of snow for the first time since the race’s inception more than three decades ago, event organizers said. The news came as a blow to the mushers who spent long hours training to prepare for the event, which was to be held from March 1 to March 5 in Fort Kent, Maine, which borders Canada. Mr. Hayes, a high school biology teacher, had spent hours training with his dogs after his family went to bed. “I’ve been pushing myself training and conditioning for the last six months for something that just got canceled,” Mr. Hayes said.
Persons: Jonathan Hayes, Hayes, “ I’ve, Mr, Organizations: Eastern Locations: Maine, Eastern United States, Fort Kent , Maine, Canada
AT&T will offer a $5 credit to customers affected by a widespread outage on Thursday that was caused by technical issues the company encountered while trying to expand its network, its chief executive said on Sunday. The outage, which started around 3:30 a.m. Eastern time, temporarily cut off connections for users across the United States. Some of the affected cities included Atlanta, Los Angeles and New York, according to Downdetector.com, which tracks user reports of telecommunication and internet disruptions. At its peak, the site had received about 70,000 reports of disrupted service for AT&T. Service was fully restored after about seven hours.
Organizations: T, Service Locations: United States, Atlanta, Los Angeles and New York
A Tennessee-based company employed at least two dozen children as young as 13 to work overnight shifts cleaning dangerous equipment in slaughterhouses, including a 14-year-old whose arm was mangled in a piece of machinery, the Labor Department said on Wednesday. The department filed a request on Wednesday for a temporary restraining order and injunction in U.S. District Court for the Northern District of Iowa against the company, Fayette Janitorial Service LLC. It provides cleaning services at slaughterhouses in several states, including Iowa and Virginia, where the department said an investigation had found that the company had hired children to clean plants. The Labor Department opened its investigation after an article in The New York Times Magazine reported that Fayette had hired migrant children to work the overnight cleaning shift at a Perdue Farms plant on the Eastern Shore of Virginia. A spokesman told The Times in September that the company was unaware of any minors on its staff and learned of the 14-year-old’s true age only after he was injured.
Persons: Fayette Organizations: Labor Department, Northern, Northern District of, New York Times Magazine, Times Locations: Tennessee, slaughterhouses, U.S, Northern District, Northern District of Iowa, Fayette, Iowa, Virginia, Perdue, Shore of Virginia
The genetic testing company 23andMe is being accused in a class-action lawsuit of failing to protect the privacy of customers whose personal information was exposed last year in a data breach that affected nearly seven million profiles. The lawsuit, which was filed on Friday in federal court in San Francisco, also accused the company of failing to notify customers with Chinese and Ashkenazi Jewish heritage that they appeared to have been specifically targeted, or that their personal genetic information had been compiled into “specially curated lists” that were shared and sold on the dark web. The suit was filed after 23andMe submitted a notification to the California Attorney General’s Office that showed the company was hacked over the course of five months, from late April 2023 through September 2023, before it became aware of the breach. According to the filing, which was reported by TechCrunch, the company learned about the breach on Oct. 1, when a hacker posted on an unofficial 23andMe subreddit claiming to have customer data and sharing a sample as proof. The company first disclosed the breach in a blog post on Oct. 6 in which it said that a “threat actor” had gained access to “certain accounts” by using “recycled login credentials” — old passwords that 23andMe customers had used on other sites that had been compromised.
Persons: 23andMe, Organizations: California Attorney General’s, TechCrunch Locations: San Francisco, California
Federal regulators have ruled that Intuit, the maker of the tax-filing software TurboTax, must stop marketing its services as free, unless they are free to everyone or exceptions are clearly disclosed. TurboTax had for years claimed customers could file their taxes online for free. The Federal Trade Commission said in an opinion and final order issued on Monday that its advertising was deceptive because two-thirds of taxpayers were not eligible to file with the free product. The commission also found that the company’s attempts to disclose that not everybody qualified for free services were “ineffective and often inconspicuous.”Examples of ineligible taxpayers include those claiming mortgage and property deductions, charitable donations over $300, unemployment income, investment income, rental property income and certain education expenses. Gig workers who reported income as independent contractors, including many delivery drivers, were also ineligible.
Persons: TurboTax Organizations: Intuit, Federal Trade Commission
Mr. Iffrig died at a memory care facility in Marysville, Wash., according to his son, Mark Iffrig, who confirmed his father’s death. Mr. Iffrig, who was an accomplished mountaineer and chairman of a local climbing club, did not start running until he was 42. He went on to win dozens of national championships in races of varying distances. He ran in more than 50 marathons, including several Boston Marathons. Mr. Iffrig placed second in his age group of 80-plus in the 2015 Boston Marathon, his son said.
Persons: Bill Iffrig, Iffrig, Mark Iffrig Organizations: Boston Marathon, Boston, Marathon Locations: Marysville, Wash
The Quaker Oats Company added more products this week to a recall that started last month over possible salmonella contamination, raising the total number of products to more than 60. Quaker Oats, which is owned by PepsiCo, initially recalled 43 products, including granola bars, cereals and various snack foods. On Thursday, the company added 24 products to the list. The newly recalled items include Quaker Chewy Granola Bars, Gatorade protein bars, Cap’n Crunch bars, Quaker Simply Granola Cereals, Gamesa Marias Cereal and other cereals. “To date, Quaker has received no confirmed reports of illness related to the products covered by this recall,” the U.S. Food and Drug Administration said in December.
Organizations: Quaker Oats Company, Quaker, PepsiCo, Gatorade, U.S . Food, Drug Administration Locations: U.S
The Frightful Minutes Aboard Flight 1282
  + stars: | 2024-01-07 | by ( Colbi Edmonds | Rebecca Carballo | ) www.nytimes.com   time to read: +1 min
So began the harrowing minutes aboard Alaska Airlines Flight 1282, when a door-sized section near the rear of the plane blew off 10 minutes after it took off from Portland, Ore., on Friday night, leaving some passengers initially confused, and others utterly terrified. “The first thing I thought was, ‘I’m going to die,’” said Vi Nguyen, 22, a passenger from Portland. Nicholas Hoch, 33, was sitting in 12A, a window seat near the front of the Boeing 737 Max 9. There was something wrong on the plane, he told them, adding, “I love you guys.”The flight, carrying 171 passengers and six crew members, began in ordinary fashion. Headed for Ontario, Calif., it was initially delayed by about 20 minutes to allow for de-icing, said Mr. Hoch, an architect, who was flying to visit his girlfriend’s family.
Persons: , ‘ I’m, ’ ”, Vi Nguyen, Nicholas Hoch, Hoch Organizations: Alaska, Boeing Locations: Portland ,, Portland, Ontario, Calif
For years, the Indigenous people on Vangunu, one of the Solomon Islands, had insisted a critically endangered giant rat that could chew through coconuts still lived among the trees of the forest, though its numbers had dwindled as loggers destroyed its habitat. But it turned out the people of the village of Zaira were right. Researchers from the University of Melbourne and Solomon Islands National University, with help from the local community, recently captured photos of the Vangunu giant rat, or Uromys vika. It is one of the world’s rarest rodents and Vangunu is the only island it is known to inhabit. The rat, called Vika by the people of Vangunu, is at least twice the size of a common rat, at about 18 inches, half of which accounts for the tail, researchers said.
Organizations: University of Melbourne, Solomon Islands National University Locations: Solomon, Zaira, Vangunu
Not long after Rosalynn Carter, the former first lady, died on Sunday, politicians from both sides of the aisle commended her work in that public role and the strides she made for women’s rights, mental health and many other causes. The Carter Center in Atlanta announced her death, calling her “a passionate champion of mental health, caregiving, and women’s rights.” The center disclosed in May that Mrs. Carter had dementia and on Friday that she had entered hospice care at home. Like many first ladies, Mrs. Carter used her prominent position to champion a cause: the treatment of mental illness. She was named honorary chairwoman of the Carter administration’s mental health commission, and she led the White House Conference on Aging, which started in 1977. She held nationwide hearings on both topics, testified before Congress and pressed for legislation to support mental health centers and to offer insurance coverage for the care of mental illness.
Persons: Rosalynn Carter, Carter Organizations: Carter, White, Conference, Aging Locations: Atlanta
When David Holmes arrived at rehearsal to perfect a fight scene for the penultimate “Harry Potter” film, he was strapped into a harness that was supposed to send him flying backward. But Holmes was jerked back too fast, hitting a wall and breaking his neck, leaving him paralyzed from the chest down. His career as a stunt performer was over, at age 25. He had portrayed Daniel Radcliffe’s title character and others, including Hermione Granger, Ron Weasley, Draco Malfoy and Neville Longbottom, since the franchise’s first installment. After years behind the scenes, Holmes will now tell his story in a new documentary, “David Holmes: The Boy Who Lived,” which is streaming on Max and will air on HBO on Wednesday at 9 p.m. and on Sky Documentaries and NOW in Britain on Saturday.
Persons: David Holmes, Harry Potter, Holmes, Daniel Radcliffe’s, Hermione Granger, Ron Weasley, Draco Malfoy, Neville Longbottom, “ David Holmes Organizations: Max, HBO, Wednesday, Sky Locations: Britain
A pond in Hawaii became a social media spectacle this week after turning bubble-gum pink. However, experts said the new hue was not just a photo opportunity but an indicator of environmental stress. Staff members at the Kealia Pond National Wildlife Refuge on Maui have been monitoring the pink water for the last two weeks, according to the U.S. Fish and Wildlife Service, after initial fears that the color was a result of toxic algae. The salinity inside the Kealia Pond outlet area is currently greater than 70 parts per thousand, which is twice the salinity of seawater.
Organizations: Staff, Wildlife, U.S . Fish, Wildlife Service Locations: Hawaii, Maui
A jury in Illinois ordered Chicago-based Conagra Brands to pay $7.1 million to a Pennsylvania woman who was badly burned when a can of cooking spray caught fire at her workplace kitchen. The woman, Tammy Reese, was working in a kitchen at Hub City Club in Shippensburg, Penn., in May 2017 and using Pam cooking spray when it suddenly “exploded into a fireball, causing burns,” according to the complaint filed in 2019. Ms. Reese suffered second-degree burns on her head, face, hands and arms and spent weeks getting burn care, Ms. Reese’s lawyer, J. Craig Smith, said. The jury ruled in favor of Ms. Reese on counts that included liability, design defect, failure to warn, and negligence and willful and wanton conduct, according to documents filed in Cook County Circuit Court on Monday.
Persons: Tammy Reese, Pam, Ms, Reese, J, Craig Smith Organizations: Brands, City Club Locations: Illinois, Chicago, Pennsylvania, Shippensburg, Penn, Cook County
Tyler Christopher, an actor best known for his long-running role on the TV soap opera “General Hospital,” has died. A former co-star, Maurice Benard, said on Instagram that Mr. Christopher had died Tuesday morning in his San Diego apartment because of a “cardiac event.” Mr. Christopher’s death was also confirmed by his manager, Chi Muoi Lo. Mr. Christopher won a Daytime Emmy Award in 2016 for best lead actor as Stefan DiMera on “Days of Our Lives,” another soap opera. He is best known for playing Nikolas Cassadine on “General Hospital” from 1996 to 2016, while also appearing in several other TV shows and movies. “Tyler was a sweet soul and wonderful friend to all of those who knew him.”
Persons: Tyler Christopher, , Maurice Benard, Christopher, Mr, Christopher’s, Chi Muoi Lo, Stefan DiMera, Nikolas Cassadine, “ Tyler, ” Mr, Benard Organizations: Locations: San Diego
Federal health officials are warning parents and caregivers not to buy WanaBana apple cinnamon fruit purée pouches or feed them to their children because the product may contain elevated levels of lead. Children who have had the fruit pouches should be taken to a health care provider to get a blood test, the Food and Drug Administration said on Saturday. North Carolina health officials analyzed multiple samples of the fruit purée and detected “extremely high concentrations of lead,” the agency added. reviewed the findings and said that those lead levels “could result in acute toxicity.”The fruit purée pouches are sold nationally and are available through multiple retailers including Sam’s Club, Amazon and Dollar Tree. WanaBana, based in Coral Gables, Fla., agreed to voluntarily recall all WanaBana apple cinnamon fruit purée pouches, regardless of the expiration date.
Organizations: Food and Drug Administration, Sam’s Locations: North Carolina, . North Carolina, Coral Gables, Fla
Federal health officials are advising consumers to stop using more than two dozen over-the-counter eyedrops products because of a potential risk of eye infection that may lead to partial vision loss or blindness. The Food and Drug Administration issued an alert on Friday flagging 26 eye care products including eyedrops and gels from CVS Health, Leader (Cardinal Health), Rugby (Cardinal Health), Rite Aid, Target up&up and Velocity Pharma. The federal agency recommended on Wednesday that the manufacturer recall all lots of those products after agency investigators found unsanitary conditions in a manufacturing plant, according to the news release from the F.D.A. Bacterial tests came back positive from critical drug production areas in the plant, which the agency did not immediately identify. said that it had not received any reports of infection associated with these products, but it was encouraging health care professionals and patients to report any cases to the agency.
Organizations: Drug Administration, CVS Health, Health, Rugby, Cardinal Health, Rite, Target, Velocity Pharma
Canadian fishermen help hoist a man wearing a green hat and a blue plaid shirt onto a Canadian Coast Guard rescue boat that has pulled alongside them. As the man steadies himself, he turns around and says, “Thanks a lot guys,” then waves as the Coast Guard boat pulls away. “That’s one for the books,” one of the men on the fishing boat says. The men, who had departed on a 43-foot fishing boat called the Evening, had been scheduled to return Oct. 15. One of the men’s daughters alerted the U.S. Coast Guard on Oct. 22 that her father had never returned home.
Persons: steadies, , Steve Strohmaier Organizations: Canadian Coast Guard, Coast Guard, U.S . Coast Guard Locations: Westport, Washington’s Grays Harbor County, U.S . Coast Guard Pacific
A salmonella outbreak linked to packages of diced onions has sickened at least 73 people across 22 states, 15 of whom were treated at hospitals, public health officials said. Gills Onions, a California-based company, voluntarily recalled packages of diced yellow onions, red onions, and onions and celery, as well as a mix of onions, celery and carrots known as mirepoix. The products had use-by dates of August 2023, the Food and Drug Administration said Tuesday. The onions were sold in Arizona, California, Idaho, Montana, Oregon and Washington at retail sites that included Stater Bros. Markets, Bashas’ and Smart & Final stores. Gills Onions said in a statement that it was voluntarily recalling the products out of an “abundance of caution.”
Persons: Stater, Onions Organizations: Food and Drug Administration, Stater Bros, Bashas, Smart Locations: California, Arizona , California , Idaho , Montana , Oregon, Washington
A dense “super fog” hovered over New Orleans on Monday, shrouding the area in an impenetrable mist that led to traffic pileups involving dozens of vehicles and leaving at least seven people dead, the authorities said. At least 158 vehicles were involved in a series of crashes, which began just before 9 a.m. on Interstate 55 northwest of New Orleans, the Louisiana State Police said, noting that fog had been a “contributing factor.” An additional 25 people were injured, some of them critically, the police said. After the accidents, which involved vehicles in both the north- and southbound lanes, some of the vehicles caught fire, according to the police. A tanker truck carrying “hazardous liquid” was being removed, the police said, adding that it was possible that “additional fatalities could be located.” The State Police urged anyone with a missing family member to contact the agency. Aerial images posted to the State Police’s Facebook page show several pileups on Interstate 55, including some cars and trucks that appeared to be charred.
Organizations: Louisiana State Police, State Police, State, Facebook Locations: New Orleans
The authorities in Tennessee were searching on Sunday for the estranged son of Nashville’s police chief, a day after the chief’s son was identified as the suspect in the shooting of two police officers outside a Dollar General store. The officers were investigating a stolen vehicle Saturday afternoon in La Vergne, Tenn., about 20 miles southeast of Nashville, when they confronted the suspect outside the store, the La Vergne police chief, Christopher Moews, said at a news conference on Saturday. During a struggle, he said, the man shot the two officers with a handgun: one in the shoulder, and the other in the groin and forearm. Later on Saturday, the La Vergne police identified the suspect as John C. Drake Jr., 38, and said he should be considered armed and dangerous. Chief John Drake of the Metropolitan Nashville Police Department confirmed in a statement on Saturday that the suspect was his estranged son, saying that the two had had “very minimal contact over many years.”
Persons: Nashville’s, Christopher Moews, John C, Drake Jr, John Drake of, Organizations: La, Metropolitan Nashville Police Department Locations: Tennessee, La Vergne, Tenn, Nashville
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