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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailShipping strain should start to regulate in medium-term, says Flexport CEO Ryan PetersonRyan Peterson, Flexport founder & CEO, joins 'Closing Bell Overtime' to talk the demand in oceanic shipping and its impact on inflation.
Persons: Ryan Peterson Ryan Peterson Organizations: Flexport
How the super rich party at the Monaco Grand Prix
  + stars: | 2024-05-24 | by ( Susan Griffin | ) edition.cnn.com   time to read: +8 min
British driver Lewis Hamilton of Mercedes looks walks the drivers parade before the Formula 1 Grand Prix at the Circuit de Monaco on May 28, 2023. Here, designer stores, supercars, multi-million-dollar yachts and astronomically priced restaurants are ‘la norme’, but during the three-day Grand Prix, the eye-watering ostentation increases three-fold. Amber Lounge might be one of the most exclusive and expensive events taking place during the Monaco Grand Prix weekend, but Monte Carlo itself is a veritable party hub. “As a former resident, I can tell you there are two sides to the F1 Grand Prix arriving in Monaco. Fans watch the action during qualifying at the F1 Monaco Grand Prix.
Persons: , Tom Holland, Lewis Hamilton, Mercedes, Dan Mullan, revel, Cipriani, Sass Café, Max Verstappen, Justin Bieber, Kim Kardashian, Kylie Minogue, Prince Albert of Monaco, Eddie Irvine’s, Sonia, Amber, Lauren Green, Joash Lee, partygoers, Jax Jones, Monte, Bruce Bundrant, ” Bundrant, Ryan Pierse, Green, Organizations: CNN, Monaco, Prix, Circuit, Getty, Business Development, AS Monaco FC, Locations: Monte Carlo, British, Fairmont, Hôtel Hermitage, Hôtel, Paris, Le Meridien, Monaco, Singapore, Las Vegas, Abu Dhabi
Mauricio Pochettino has left his position as Chelsea head coach by mutual consent after less than 11 months in charge. AdvertisementIn a Chelsea statement, Winstanley and Stewart said of the decision: “On behalf of everyone at Chelsea, we would like to express our gratitude to Mauricio for his service this season. Pochettino’s coaching staff members Jesus Perez, Miguel d’Agostino, Toni Jimenez and Sebastiano Pochettino have also left the club. Chelsea spent over £400million ($507m) ahead of Pochettino’s debut season in charge in a summer of squad overhaul. Chelsea finished the 2023-24 Premier League season with 63 points; with their 19-point increase from last season more than any other club in the division.
Persons: Mauricio Pochettino, Paul Winstanley, Laurence Stewart, Winstanley, Stewart, Mauricio, ” Pochettino, Jesus Perez, Miguel d’Agostino, Toni Jimenez, Sebastiano Pochettino, Pochettino, Thomas Tuchel, Graham Potter, Frank Lampard, Tuchel, Germain, Darren Walsh, Liam Twomey, Todd Boehly, Behdad Eghbali, Jose Feliciano, Stewart –, Feliciano –, Ryan Pierse Organizations: Chelsea, Stamford, Sporting, Premier League and Europe, Bournemouth, Premier League, Stamford Bridge, Liverpool, Manchester City, Espanyol, Southampton, Tottenham Hotspur, Champions League, Spurs, Tottenham, Paris Saint, Ligue, de France, Trophee des Champions, PSG, Chelsea FC, Getty Locations: Argentine, Chelsea, Pochettino’s, London, Paris, Pochettino
"The Ellen Degeneres Show" ended in May 2022, two years after toxic workplace allegations surfaced. AdvertisementShe was supposed to go out with a bang, but Ellen DeGeneres' much-loved talk show instead went out with a whimper. Even years after the 2020 controversy and ending of "The Ellen DeGeneres Show," celebrities like Emily Ratajkowski have continued to question some of her behavior. Garrett, who has appeared on "The Ellen DeGeneres Show" multiple times, reshared Variety's article about the comedian's letter apologizing to staffers who felt disrespected. AdvertisementOctavia Spencer said all her experiences on 'The Ellen DeGeneres Show' have been 'supportive and fun'The actress, who's appeared on "The Ellen DeGeneres Show" numerous times over the years, issued a statement supporting DeGeneres via Instagram on August 13.
Persons: Ellen Degeneres, DeGeneres, , Ellen DeGeneres, Brad Garrett, Lea Thompson, Scooter Braun, Katy Perry, Emily Ratajkowski, Raymond, Garrett, reshared, hadn't, Garrett's, Thompson, didn't, Braun, Justin Bieber, Ariana Grande, she'd, Ellen, Portia de Rossi, De Rossi, Kris Jenner, Nacho Figueras, Brandi Carlile, Figueras, he'd, Jennifer Aniston, Jennifer Lopez, Michelle Obama, Pink, Sean Hayes, Lady Gaga, Oprah, Justin Timberlake —, Perry, Samantha Ronson, I've, Ronson, Diane Keaton, SHOW, Kevin Hart, Hart —, Ashton Kutcher, Kutcher, he's, Jerry O'Connell, de Rossi, O'Connell, Portia, Portia … Instagrammed, Jay Leno, Andy Richter, Ashley Nicole Black, who's, Howard Stern, Howard, Beth, Phoebe Bridgers, ellen, Octavia Spencer, Spencer, ELLEN, Sofia, Mariah Carey, Carey, that's, Steve Harvey, Jonathan Leibson, Harvey, I'd, Alec Baldwin, Baldwin, Ryan Phillippe, Phillippe, hasn't, NikkieTutorials, Nikkie de Jager, Degeneres, Tony Okunbowa, Taylor Swift's, Taylor Swift, Swift, She's, Ratajkowski, Elle Organizations: Service, Twitter, Los Angeles Times, @TheEllenShow, DJ, SHOW, Entertainment, ppl, TBS, Colombian, Us Locations: Argentine, British, Instagram, American
Explosions were heard in Iran, according to CNN, which cited Iranian state media outlet FARS. There's still a lack of clarity around the reported explosions, but there are multiple reports of an Israeli strike. AdvertisementExplosions were heard near an Iranian military base, and multiple reports, citing US officials, say that Israel struck Iran. CNN, citing the semi-official FARS news outlet, reported the explosions were heard in the city of Ghahjaworstan, which is located near Isfahan, Iran. The Iranian news outlet said that "the city of Ghahjaworstan is located near Isfahan Airport and the eighth hunting base of the Army Air Force."
Persons: Organizations: CNN, Service, Army Air Force, Business Locations: Iran, FARS, There's, Israel, Ghahjaworstan, Isfahan, Iranian, Isfahan Airport
Lieb, having a background in semiconductors and not server management, reached out to his fellow Y Combinator founders for support. After a year and a half of advising at the accelerator, he's stepping up as a group partner, Y Combinator tells Business Insider exclusively. It was never released, but many of the ideas would later come back in the form of Google Photos. From there, he reached into the Y Combinator alumni network to find other promising upstarts. David Lieb, second from left, speaks to a group of Y Combinator founders.
Persons: David Lieb, Lieb, Alex Polvi, Combinator —, Garry Tan, Jared Friedman, Harj Taggar, Michael Seibel, Sam Altman, it's, Y Combinator, " Lieb, Dan Lieb, Y, Xoogler, Patrick, John Collison's, Mixpanel, Jake Mintz, Forbes, Kevin Systrom, Flock, Andy Huibers, Mary, 72m2YgJZq8 — David Lieb, Ryan Peterson, He's Organizations: Apple, Business, Investors, Google Locations: Cloudkick, San Francisco, Silicon Valley, Flexport
The community is devastated in the knowledge of their loss.”Police said Monday they had concluded their examinations of the shopping mall and the crime scene was being handed back to Westfield. More than 100 pieces of evidence were removed and will be forensically examined as part of the investigation, said Yasmin Catley, New South Wales Minister for Police. A woman cries as she comes out of the Westfield Bondi Junction shopping mall after a stabbing incident in Sydney on April 13, 2024. People react outside the Westfield Bondi Junction shopping mall after a stabbing incident in Sydney on April 13, 2024. The number of women killed by violence in Australia has ranged between 43 and 84 each year since Counting Dead Women began tallying deaths in 2012.
Persons: Joel Cauchi, Health Ryan, Cauchi, Karen Webb, , ” Webb, , Lisa Maree Williams, Chris Minns, ” Minn, Yasmin Catley, David Gray, Baby, , Ashlee Good, Good, Health Park, Ashlee, Faraz Tahir, ” Tahir, Adnan Qadir, Tahir, Anthony Albanese, KIIS, Yixuan Cheng, , undoubtably, Amy Scott, Scott, Webb, Amy, she’s, Roger Lowe, David GRAY, Lowe, New South Wales Premier Minns, Arthur Organizations: CNN, New South Wales ’, Health, New South Wales Police, ABC, ” Police, Getty, Police, Westfield, New South Wales Minister, , “ Staff, Ahmadiyya Muslim Community of Australia, Australian, Embassy, Australia’s, Queensland Police, New South Wales Police Force, Queensland Police Service, New South Wales Premier, Minn Locations: Sydney’s, Bondi, Westfield, New South, New, Bondi Junction, Australia, Queensland, Sydney, AFP, Pakistan
Read previewThe Francis Scott Key Bridge in Baltimore collapsed on Tuesday after a large container ship ran into it, leading to six presumed deaths and millions of dollars in possible damage. President Joe Biden said on Tuesday the federal government should be responsible for paying to reconstruct the damaged Francis Scott Key Bridge. The Francis Scott Key Bridge, named for Francis Scott Key, the author of the Star Spangled Banner. Drone footage shows aftermath of the Dali container ship's collision into the Francis Scott Key Bridge in Baltimore, Maryland, on March 26, 2024. AdvertisementThe Dali is covered by the Britannia Steam Ship Insurance Association Ltd., known as Britannia P&I Club, according to S&P Global Market Intelligence.
Persons: , Francis Scott Key, It's, Joe Biden, Biden, David MacKenzie, Dali, Ryan Petersen, Petersen, John Miklus, Britannia Organizations: Service, Business, Sky News, Star, Getty Images Baltimore, Maersk, Synergy Group, Anadolu Agency, Reuters, American Institute of Marine Underwriters, Insurance, Britannia Steam Ship Insurance Association Ltd, P Global Market Intelligence, International Group Locations: Baltimore, Dali, Singapore, Baltimore , Maryland, Britannia, London
The immediate impact of the collapse of the Francis Scott Key Bridge in Baltimore on Tuesday was viscerally clear: In minutes, the Baltimore Harbor went from a humming logistics hub to a chaotic search and rescue operation. Two construction workers who had been fixing potholes on the bridge were pulled from the water, with six more missing and presumed dead. Seeing container ships sail through the port was one of my earliest memories of global shipping. Last year, the Port of Baltimore processed 1.1 million 20-foot containers worth of cargo, making it the ninth busiest port based on trade volume in the United States and the most important port serving our nation’s capital. It’s also the busiest U.S. port for car shipments, with more than 800,000 vehicles moving through its waters onto its docks and across its roads and railways in 2023.
Persons: Francis Scott Key, It’s Organizations: Baltimore, Orioles, Camden Locations: Baltimore, Maryland, Port, United States
Minneapolis CNN —The collapse of the the Francis Scott Key Bridge in Baltimore on Tuesday is unfortunately not the first deadly collapse of a major interstate bridge in the US. About 140,000 cars a day traversed the I-35W bridge that once stood more than 100 feet above the Mighty Mississippi. Steve Helber/APIt’s not a complete apples to apples comparison between the I-35W bridge and the Key Bridge. The Key Bridge had about 22% of the daily traffic of the I-35W Mississippi River Bridge; however, the Minneapolis bridge was about 22% the length of the truss bridge in Baltimore. In the immediate aftermath of the Key Bridge collapse, Levinson told CNN that this event should hopefully bring attention to vulnerabilities of critical pieces of infrastructure.
Persons: Francis Scott Key, ” Christopher Phelan, Minneapolis , Minnesota Mandel Ngan, MnDOT, Nancy Daubenberger, George W, Bush, ” Phelan, Tim Walz, Steve Helber, ” Ryan Petersen, David Levinson, , Levinson, Feng Xie, Xie, ” Levinson Organizations: Minneapolis CNN, Twin, University of Minnesota, CNN, Getty, Minnesota Department of Transportation, NPR, US, Minnesota, Minnesota Gov, Coast Guard, Port, University of Sydney, Minneapolis Star, Transportation Planning, Technology Locations: Minneapolis, Baltimore, Mississippi, Twin Cities, Mighty Mississippi, Minnesota, Minneapolis , Minnesota, AFP, City, Lakes, Anthony Falls, Maryland, Baltimore , Maryland, Port of Baltimore, Australia
Experts told Business Insider that the port alone contributes $15 million in daily economic activity, which will come to a near standstill "until further notice." While some cargo will have to wait, container ships can largely be rerouted to other east coast locations. Ryan Peterson, the CEO of global logistics firm Flexport, told Business Insider that 800 containers of his were destined for Baltimore, and are now being rerouted. And it's unclear whether East Coast ports will have enough available capacity to absorb Baltimore's container volume, Petersen said. A risk for Baltimore will be whether those route changes are temporary, or if they'll have a lasting impact on the port's business.
Persons: , Baltimore's Francis Scott Key, Port, Anirban Basu, It's, Basu, Daraius Irani, Ryan Peterson, Petersen, we're, Martin Dresner Organizations: Service, Business, Sage Policy, Regional Economic Studies, Towson University, University of Maryland's Smith School of Business Locations: Port of Baltimore, Baltimore, East Coast, West Coast
The Port of Baltimore is closed "until further notice" following the collapse of a major bridge. Experts say the closure alone will bring some $15 million of daily economic activity to a halt. Experts told Business Insider that the port alone contributes $15 million in daily economic activity, which will come to a near standstill "until further notice." While some cargo will have to wait, container ships can largely be rerouted to other east coast locations. And it's unclear whether East Coast ports will have enough available capacity to absorb Baltimore's container volume, Petersen said.
Persons: , Baltimore's Francis Scott Key, Port, Anirban Basu, It's, Basu, Daraius Irani, Ryan Peterson, Petersen, we're, Martin Dresner Organizations: Service, Sage Policy, Regional Economic Studies, Towson University, University of Maryland's Smith School of Business Locations: Port, Baltimore, Port of Baltimore, East Coast, West Coast
Before Thursday night, if you were not familiar with Oakland University, you were not alone. Tournament, were asking if “that Oakland was in California” or the Michigan suburb of Rochester. “If people didn’t know who the Oakland University Golden Grizzlies were before last night, they surely know now,” Mr. Hendley said. For all but perhaps close followers of the university, a brief introduction may be in order: It was created in 1957 through a donation to establish a satellite location for Michigan State University. At first, the campus was known as Michigan State University-Oakland, but in 1970, Oakland became an independent university.
Persons: John Hendley, Melissa, Mr, Hendley Organizations: Oakland University, Oakland, reveled, Oakland University Golden Grizzlies, Michigan State University, Michigan State University - Oakland Locations: Detroit, California, Michigan, Rochester, Florida, Oakland
CHICAGO (AP) — The Chicago Bears traded quarterback Justin Fields to the Pittsburgh Steelers on Saturday night, a person informed of the deal told The Associated Press. Chicago will receive a conditional 2025 pick, another person familiar with the details of the trade told the AP. The move is a strong signal the Bears will draft a QB -- perhaps USC’s Caleb Williams -- with the No. 1 overall pick in the draft. Fields figures to back up nine-time Pro Bowler Russell Wilson, who signed a one-year deal with the Steelers on Friday.
Persons: Justin Fields, Caleb Williams, Bowler Russell Wilson, Kenny Pickett, Wilson, Fields, Ryan Pace, Matt Nagy, Matt Eberflus, Ryan, it’s, Williams, Keenan Allen, DJ Moore, Rob Maaddi, Will Graves, ___ Organizations: CHICAGO, Chicago Bears, Pittsburgh Steelers, Associated Press, Chicago, AP, haven’t, NFL Network, Steelers, Pittsburgh, Philadelphia Eagles, Bears, NFL, USC, Oklahoma, Los Angeles Chargers, Panthers, Carolina, AP Pro Football Locations: Carolina, Chicago, Tampa , Fla, Pittsburgh
We’re hoping that we even get kids watching their dogs in their backyard and seeing if their dogs behave interestingly during the eclipse,” Hartstone-Rose said. The next total solar eclipse that will be visible across the contiguous United States won’t appear until August 2044. The space agency is expecting far larger numbers for the 2024 total solar eclipse — nearly 2,500 people have already signed up, she added. “(During a total solar eclipse) you have so many different ways the light is scattering, so there’s these beautiful colors of orange and purple and green. “It’s kind of a great human sensory experience to be in the middle of a total solar eclipse.”
Persons: , Adam Hartstone, Rose, Hartstone, , that’s, Kelsey Perrett, United States won’t, Bryan Pijanowski, , Pijanowski, William M, Wheeler, John Griffioen, Griffioen, Perrett, ” Perrett, ” Pijanowski Organizations: CNN, American, North Carolina State University, Nashville Zoo, Solar, Fort Worth Zoo, NASA, Center, Purdue University, Buffalo Zoo, Zoo, Toledo Zoo, Indianapolis Zoo Locations: Columbia , South Carolina, United States, Raleigh, , Grassmere, Mexico, Canada, Texas, North America, West Lafayette , Indiana, Fort, New York, Arkansas, Ohio
Courtesy Ryan PeckI focused on burpees because they're so hardI hate burpees (doesn't everyone? Even a friend of mine who can run a six-minute mile has a hard time doing 25 burpees in a row. AdvertisementI wanted to push myself to the limit, then beyond, so I decided I would try to do 100 burpees a day. I've done more than 200,000 burpeesToday, I do 150 burpees a day. When I started, doing 10 burpees in a row was really challenging.
Persons: Ryan Peck, there's, I've, burpees Organizations: Service, Business
Why ‘Cruel Intentions’ still inspires, 25 years on
  + stars: | 2024-03-05 | by ( Jemal Polson | ) edition.cnn.com   time to read: +5 min
The characters outfits came from a variety of sources including luxury brands such as Prada, Gucci, Calvin Klein and Donna Karan. Christine Baranski, who appears as Bunny Caldwell – Cecile’s WASP-y mother – was adorned in Chanel-style suits from St John. A quarter of a century after it's initial release, the clever styling of Cruel Intentions is finding favor with a whole new demographic. “I was definitely inspired by Audrey Hepburn for the scene in the park,” Wingate says. Sarah (Michelle Gellar) and I both loved the idea.”A quarter of a century on, the influence “Intentions,” had — and continues to have — is undeniable, spawning a musical and a forthcoming series from Amazon.
Persons: CNN —, Kathryn Merteuil, Sarah Michelle Gellar, Sebastian Valmont, Ryan Phillippe, Annette Hargrove, Reese Witherspoon, Cecile Caldwell, Selma Blair, Pierre Choderlos de, ” “, Denise Wingate, Prada, Gucci, Calvin Klein, Donna Karan, Bob Frame, Shutterstock Keen, , Glenn Close, John Malkovich, Michelle Pfeiffer, Wingate, , Sebastian, Christine Baranski, Bunny Caldwell – Cecile’s, , St John, Cecile, Kathryn, Annette, Tessa Posnansky, Gary John Steele, deconstruct, Louis XIV, Harry F, , ” Posnansky, Melissa Moseley, du, Audrey Hepburn, ” Wingate, Sarah, Michelle Gellar, noughties, Netflix’s Organizations: CNN, Manhattan, Sinclair, New, Locations: French, LA, Sebastian, Columbia
A German warship accidentally tried to shoot down a US military combat drone this week. The frigate Hessen targeted the MQ-9 Reaper as it was on a mission around the Red Sea, a US official said. AdvertisementA German warship accidentally targeted an American combat drone that was operating around the Red Sea earlier this week, but a malfunction spared the US from losing another Reaper drone. A missile launches from a US Navy destroyer in the Red Sea earlier this month. Screengrab/US Central Command via XMeanwhile, with this week's engagements — which saw Germany shoot down the two Houthi drones — Berlin joins the US, UK, and France in eliminating deadly threats launched by the rebels.
Persons: , Boris Pistorius, Sina Schuldt, Aspides, Dwight D Organizations: Service, Berlin's, Airmen, Squadron, Nevada, Air, Bomb, US Air Force, Victoria, US Central Command, Hessen, Getty, Hellfire, Prosperity Guardian, EU, US Navy, Central Command, Eisenhower Carrier Strike Locations: Hessen, American, Sachsen, Germany, Red, Yemen, Russia, France
Jay Dorleus, an Iraq War veteran, looks at how the Iraq War is portrayed in movies and TV shows. He examines how PTSD is portrayed in "Billy Lynn's Long Halftime Walk" (2016), starring Joe Alwyn, Vin Diesel, and Kristen Stewart. He explains what urban warfare in Iraq was like, as seen in "Stop-Loss" (2008), starring Ryan Phillippe, Channing Tatum, and Joseph Gordon-Levitt; and "Generation Kill" (2008), starring Alexander Skarsgård. Finally, he breaks down the infamous "Triangle of Death," as portrayed in "War Dogs" (2016), starring Jonah Hill, Miles Teller, and Ana de Armas. Follow Jay Dorleus:https://www.youtube.com/@GreenBeretChronicleshttps://www.instagram.com/green_beret_chronicles/Veterans who have been affected by PTSD can contact the PTSD Foundation of America at ptsdusa.org or the Wounded Warrior Project at woundedwarriorproject.org.
Persons: Jay Dorleus, Clint Eastwood's, Bradley Cooper, Sienna Miller, John Cena, Aaron Taylor, Johnson, Matt Damon, Greg Kinnear, Brendan Gleeson, Jeremy Renner, Anthony Mackie, Guy Pearce, Denzel Washington's, Michael B, Tom Holland, Billy Lynn's, Joe Alwyn, Vin Diesel, Kristen Stewart, Ryan Phillippe, Channing Tatum, Joseph Gordon, Levitt, Alexander Skarsgård, Jonah Hill, Miles Teller, Ana de Armas Organizations: Jordan, Veterans, of America Locations: Iraq, ptsdusa.org, woundedwarriorproject.org
Boeing's board denied a possible vote on bringing its headquarters back to Seattle. It's currently based in Virginia, but the 737 Max factory is in Renton, Washington. AdvertisementBoeing's board of directors blocked a shareholder's proposal to bring its headquarters back to Seattle, The Seattle Times reported. The manufacturer has faced increased scrutiny since a 737 Max 9 operated by Alaska Airlines lost a door plug in midair. The newspaper reported he bought the shares after the first 737 Max 8 crash.
Persons: Boeing's, It's, Max, , Walter Ryan —, Ryan, Tim Matsui, John Demers Organizations: Boeing, Service, The Seattle Times, Alaska Airlines, Federal Aviation Administration, Max, Seattle Times, Securities and Exchange Commission, SEC, Business Locations: Seattle, Virginia, Renton , Washington, Chicago
CNN —Jürgen Klopp’s season-long send-off is well and truly in full swing and Liverpool can get the German’s farewell off to a perfect start with victory over Chelsea in Sunday’s Carabao Cup final. The Reds can win four trophies this season to give Klopp a perfect send-off, with the Carabao Cup, Europa League, FA Cup and Premier League all very much within Liverpool’s grasp. Liverpool can win four trophies in Klopp's final season. He’s a huge, huge figure, someone who’s been amazing. We are going to give our best to compete, be better than Liverpool and deserve to lift the trophy.”
Persons: Klopp, ” Klopp, Joël Matip, Diogo Jota, Trent Alexander, Arnold, Alisson, Thiago, Mo Salah, Darwin Nuñez, Dominik Szoboszlai, Ryan Pierse, Alexander, , , He’s, who’s, that’s, ” Chelsea, Wesley Fofana, Reece James, Marc Cucurella, Romeo Lavia, Benoit Badiashile, Thiago Silva, Robert Sánchez, Mauricio Pochettino, Todd Boehly, Boehly, Pochettino, Roman Abramovich, ” Pochettino, Catherine Ivill Organizations: CNN, Jürgen, Liverpool, Chelsea, Premier League, The Reds, Europa League, FA Cup, Luton Town, Luton, Argentine, Thursday’s, Wembley Locations: Sunday’s, Liverpool, Merseyside, Chelsea, Klopp, Roman, Southampton, Tottenham
Flexport has laid off 15% of workers
  + stars: | 2024-01-31 | by ( Madeline Stone | ) www.businessinsider.com   time to read: +1 min
Flexport laid off 15% of employees on Wednesday. Flexport last laid off employees in October. AdvertisementFlexport laid off 15% of its workforce, or about 400 workers, on Wednesday, according to a person familiar with the matter. The cuts mainly impacted employees in North America's corporate overhead and research and development. The freight forwarder last laid off workers in a round of cuts that impacted 20% of the company in October.
Persons: Flexport, , Ryan Petersen Organizations: Service Locations: North
Attacks on ships in the Red Sea are delivering another shock to global trade, coming on top of pandemic-related logjams at ports and Russia's invasion of Ukraine. The normal route — three weeks via the Suez Canal — has been shut down by the Houthi attacks. Chief executive Stuart Machin said the Red Sea trouble was "impacting everyone and something we're very focused on." For Europe, the impact is even bigger: 40% of clothes and 50% of shoes traverse the Red Sea. Norwegian fertilizer giant Yara said it was "only mildly impacted by the transit challenges in the Red Sea."
Persons: It's, Petersen, Ryan Petersen, Clifton Broumand, Broumand, it's, Tesla, Spencer, Stuart Machin, Steve Lamar, Lamar, Flexport, Katheryn Russ, Davis, Judah Levine, Freightos, Russ, Obama, Carlos Tavares, Stellantis, Jan Hoffmann, Frank Conforti, Conforti Organizations: Galaxy, Houthis Media, Getty, Machine, Hamas, Volvo, Suzuki Motor Corp, American Apparel & Footwear Association, University of California, U.S . Federal Reserve, BMW, Retailer Urban Outfitters, Free People Locations: Iran, Yemen, Anadolu, Greater Landover , Maryland, Taiwan, China, Gaza, Panama, Asia, Europe, United States, Suez, Africa, Ukraine, Belgium, Germany, British, Maryland, Los Angeles, Berlin, Swedish, Ghent, Hungary, Japan, U.S, overcapacity, Red, Israel, India
Attacks on ships in the Red Sea are delivering another shock to global trade, coming on top of pandemic-related logjams at ports and Russia's invasion of Ukraine. The normal route — three weeks via the Suez Canal — has been shut down by the Houthi attacks. Chief executive Stuart Machin said the Red Sea trouble was “impacting everyone and something we’re very focused on." For Europe, the impact is even bigger: 40% of clothes and 50% of shoes traverse the Red Sea. Norwegian fertilizer giant Yara said it was “only mildly impacted by the transit challenges in the Red Sea."
Persons: What’s, Ryan Petersen, Petersen, It’s, Clifton Broumand, Broumand, , , , it’s, Tesla, Spencer, Stuart Machin, Steve Lamar, Lamar, Flexport, Katheryn Russ, Davis, Judah Levine, Freightos, it's, Russ, Obama, Carlos Tavares, Stellantis, Jan Hoffmann, Frank Conforti, Conforti, ____ Anderson, Kelvin Chan, Anne D'Innocenzio, Yuri Kageyama, Tom Krisher, David McHugh Organizations: WASHINGTON, , Hamas, Machine, Volvo, Suzuki Motor Corp, American Apparel & Footwear Association, University of California, U.S . Federal Reserve, BMW, Retailer, Free People, AP Business Locations: Belgium, Germany, British, Maryland, Asia, Ukraine, Yemen, Gaza, Europe, United States, Suez, Africa, , Panama, Greater Landover , Maryland, Taiwan, China, Los Angeles, Berlin, Swedish, Ghent, Hungary, Japan, U.S, overcapacity, Red, Israel, India, New York, London, Tokyo, Detroit, Frankfurt
CNN —Surfing is about to experience a seismic change in 2024 as two of the standard-bearers of the sport are stepping away from the board and waves. Eight-time world champion Stephanie Gilmore is taking a break from competitive surfing – for a year, at least. Australian Gilmore, widely regarded as the greatest female surfer of all time, announced that she won’t be competing in the 2024 World Surf League (WSL) Championship Tour season, instead focusing on enjoying other things in life. Carissa Moore still plans to compete in Oahu and Tahiti for the Olympics before stepping away from the sport for good. Ryan Pierse/Getty Images/File“All those wins, the competitive part that’s so much of my identity, I’m taking that away, and I’m facing myself this year,” Moore told the Times.
Persons: Stephanie Gilmore, Australian Gilmore, , ” Gilmore, haven’t, , Carissa Moore, , Gilmore, Moore, Ryan Pierse, ” Moore Organizations: CNN, League, USA, Paris, New York Times, Times Locations: Australian, Oahu, Tahiti, Shore
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