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☆ Francis Scott Key Bridge collapse reverberates around the world
▼ + stars: | 2024-03-29 | by ( Ray Sanchez | ) edition.cnn.com time to read: +16 min

StreamTimeLive StreamTimeLive StreamTimeLiveAround the same time, numerous audible alarms were recorded on the ship’s bridge audio. The Dali container vessel after striking the Francis Scott Key Bridge. “Once you get here, I’ll go grab the workers on the Key Bridge and then stop the outer loop,” an officer said. When the Key Bridge was built decades ago, container ships were a fraction of the size and weight they are today. Miguel Luna, a native of El Salvador, was also working on the Key Bridge.

Persons: Francis Scott Key, ”, Jayme Krause, Nick Mosby, “ I’ve, Andy Middleton, Middleton, Dali, Marcel Muise, Scott Cowan, Baltimore –, Clay Diamond, Muise, Wes Moore, Diamond, ” Diamond, Al Drago, we’ve, “, Cowan, Jim Watson, Starr Smith, ’ ” Smith, Smith, ” Smith, ” John Zimmerman, They’re ‘, Maynor Yassir Suazo Sandoval, Miguel Luna, Dorlian Castillo Cabrera, Pima Castillo, Alejandro Hernandez Fuentes, Castillo, Alejandro Hernandez, Carlos Hernandez, Carlos Hernandez’s, Jazmin Alvarez, Hernández, Isabel Franco, Jose Mynor Lopez, Franco, Lilly Ordonez, Lopez, ” Rafael Laveaga, Holly Yan, Maria Santana, Melissa Alonso, Allison Gordon, Emma Tucker, Tina Burnside, Alex Stambaugh, Abel Alvarado, Aditi Sangal, Danny Freeman, Caroll Alvarado, Amy Simonson, Mary Kay Mallonee, Yahya Abou, Sabrina Souza, AnneClaire Stapleton, Antoinette Radford, Dakin Andone, Curt Devine, Casey Tolan, Isabelle Chapman, Elizabeth Wolfe, Lauren Mascarenhas, Elise Hammond, Gloria Pazmino, Alex Medeiros Organizations: CNN, Evening Sun, Bethlehem Steel, Eiffel, American, Maryland State Police, Sea Catholic, Walmart, National Transportation Safety, Chesapeake Bay, Longshoremen’s Association, Maryland Transportation Authority, American Pilots Association, ”, ” Maryland Gov, Bloomberg, Getty Images Transportation Authority, US Coast Guard, “ Dispatch, Police, Getty, Maryland, CASA, Brawner Builders, Univision, Authorities, Mexican Embassy Locations: Maryland, Fort McHenry, Sparrows Point, Baltimore, Patapsco, Port of Baltimore, India, Singapore, Baltimoreans, Sri Lanka, South Africa, Yemen, Red, Dali, MarineTraffic, ” Maryland, There’s, AFP, Middleton, Honduras, El Salvador, Mexico, Guatemala, Santa Bárbara, America, Dundalk, he’s, Mexican, Michoacan, Washington’s

☆ The world successfully tackled a dangerous pollutant. But did it accidentally warm the planet in the process?
▼ + stars: | 2024-01-26 | by ( Laura Paddison | ) edition.cnn.com time to read: +7 min

These ghost clouds look beautiful, but they are a visible sign of deadly air pollution. Of all of the theories, however, the impact of shipping regulations is swiftly becoming one of the most discussed. But this is not an argument against cutting air pollution, Diamond said, it’s an argument for tackling it alongside reducing carbon emissions. The cooling impact of air pollution is far outweighed by the heating impact of burning fossil fuels. It’s when air pollution is tackled without also reducing carbon emissions, that “we can get into trouble,” Diamond said.

Persons: ”, Michael Diamond, It’s, Olaf Morgenstern, ” Morgenstern, James Hansen, ” Hansen, ” Diamond, Piers Forster, Diamond, doesn’t, Jason Armond, Annica Ekman, it’s, ” Forster Organizations: CNN, International Maritime Organization, United Nations, Florida State University’s Department of, Atmospheric Science, National Institute of Water, Atmospheric Research, Atlantic, Leeds University, Shipping, Port, Los Angeles Times, Stockholm University Locations: New Zealand, El, Sahara, Tonga, Europe, North America, Asia, Port of Los Angeles, San Pedro , California, Sweden

☆ Obama agreed to spending cuts to end the 2011 debt ceiling crisis. Here's what happened next
▼ + stars: | 2023-05-30 | by ( Tami Luhby | ) edition.cnn.com time to read: +4 min

What happened after the 2011 deal was signedThe joint committee in 2011 was tasked with finding additional deficit reduction measures to offset a $1.2 trillion increase in the debt ceiling. The committee did not accomplish its goal, which triggered the spending caps, known as sequestration. In the end, spending was curtailed by about $1.5 trillion out of the total $2.1 trillion agreed to in the 2011 deal, Riedl said. One of the major sticking points to ending the debt ceiling impasse was the depth of the spending cuts. “People were operating under the presumption that the spending caps would never actually happen,” Payne said.

CNN —Hundreds of jewels once owned by late Austrian billionaire Heidi Horten have fetched a combined 176 million Swiss francs ($196 million) to become the most expensive private jewelry collection ever to appear at auction. Heidi Horten pictured wearing the Briollete of India necklace, which sold for 6.3 million Swiss francs ($7 million). The most valuable lot, a ruby and diamond Cartier ring that is “pigeon blood” in color, fetched just over 13 million Swiss francs ($14.5 million), despite Christie’s expecting bids as high as 18 million Swiss francs ($20 million). A 90-carat “Briolette of India” diamond necklace by jeweler Harry Winston also came in below estimate, selling for 6.3 million Swiss francs ($7 million). courtesy Christie'sElsewhere, however, a Bulgari diamond ring more than doubled its high estimate to fetch 9.1 million Swiss francs ($10.1 million).

CNN —The Big Ten Conference has fined Michigan State University $100,000 and suspended Spartans cornerback Khary “KJ” Crump for the first eight games of next season following the post-football game fight against rival Michigan in the players’ tunnel at Michigan Stadium on October 29. Michigan State finished its regular season 5-7. At the time, Michigan football Head Coach Jim Harbaugh said two of his players were “assaulted,” and one of them may have a broken nose. Seven Spartans football players, including Crump, were charged last week, according to the Washtenaw County Prosecutor’s Office. 4 in the nation, defeated Michigan State 29-7 before the scuffle.

☆ Lindsay Lohan's 'Falling for Christmas' isn't what you hoped it'd be -- it's so much more
▼ + stars: | 2022-11-12 | by ( Sandra Gonzalez | ) edition.cnn.com time to read: +4 min

Aliana Lohan, Lindsay Lohan and Chase Ramsey in "Falling For Christmas." You don’t need a crystal ball for the rest, nor should anyone have the delightful cheesiness and bacon redemption that takes place next ruined for them. It’s a joyful reminder that you don’t need to lose your memory to remember how precious fresh starts are. Lohan’s magic power has always been bringing to life films that have the simple goal of being unchallenging delights. If for that and that alone, “Falling for Christmas” is a gift.

☆ Judge dismisses suit alleging TikTok ‘blackout challenge’ caused girl’s death
▼ + stars: | 2022-10-26 | by ( Angela Yang | Angela Yang Is An Intern For Nbc News Digital. | ) www.nbcnews.com time to read: +4 min

A federal judge on Tuesday dismissed a wrongful death lawsuit that claimed TikTok was responsible for the death of a 10-year-old who took part in the so-called Blackout Challenge. The challenge, which encourages participants to choke themselves until they pass out, had appeared on the child’s TikTok For You Page, according to court documents. The lawsuit was among several that have been filed related to the Blackout Challenge in the last year. In July, the families of two young girls also sued TikTok after their children, aged 8 and 9, died of self-strangulation while participating in the Blackout Challenge. A TikTok spokesperson told NBC News that the challenge had never trended on the platform and predates the app’s existence.

☆ Nobel Prize in economics awarded to Ben Bernanke, Douglas Diamond and Philip Dybvig for work on financial crises
▼ + stars: | 2022-10-10 | by ( Julia Horowitz | ) edition.cnn.com time to read: +4 min

London CNN Business —Former Federal Reserve Chair Ben Bernanke, Douglas Diamond and Philip Dybvig were awarded the Nobel Prize in economics on Monday for their work on banks and financial crises. Bernanke, who led the US central bank during the 2008 global financial crisis, received the award for his research on the Great Depression. While Bernanke served as chair, the central bank pioneered a program of quantitative easing, buying up assets to help stimulate economic growth. The Nobel prize, officially known as the Sveriges Riksbank Prize in Economic Sciences, comes with an award of 10 million Swedish kronor ($885,370) to be split equally among the laureates. It was not instituted by Alfred Nobel, but established by Sweden’s central bank and awarded in memory of Nobel.

☆ The econ Nobel offers a timely warning about central banks’ power
▼ + stars: | 2022-10-10 | by ( Allison Morrow | ) edition.cnn.com time to read: +7 min

New York CNN Business —The Nobel in economics is sort of the step-cousin of the Nobel family. Some scholars really dislike the economics prize, including one of Nobel’s own descendants, who dismissed it as a “PR coup by economists.”But hey, it still comes with a cash prize. In short, his work demonstrates that banks’ failures are often a cause, not merely a consequence, of financial crises. The Nobel committee has been known to play politics (see: that time Barack Obama was awarded the Nobel Peace Prize after being in office for just eight months). And right now, it is using its spotlight to call attention to the high-stakes gamble playing out at central banks around the world, most notably the Fed.

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