DIRS.INFO The most relevant business & tech news

☆ China Has a Plan for Its Housing Crisis. Here’s Why It’s Not Enough.
▼ + stars: | 2024-05-24 | by ( Alexandra Stevenson | ) www.nytimes.com time to read: 1 min

China has a housing problem. It has nearly four million apartments that no one wants to buy, a combined expanse of unwanted living space roughly the area of Philadelphia. The plan, announced last week, is the boldest move yet by Beijing to stop the tailspin of a housing crisis that threatens one of the world’s biggest economies. China has a bigger problem lurking behind all those empty apartments: even more homes that developers already sold but have not finished building. By one conservative estimate, that figure is around 10 million apartments.

Persons: Xi Jinping Locations: China, Philadelphia, Beijing

☆ Homes on billionaire hot spot Nantucket are falling into the ocean at an alarming rate — but the wealthy won't stop buying
▼ + stars: | 2024-05-24 | by ( Madeline Berg | Dan Latu | ) www.businessinsider.com time to read: +14 min

Over the past two centuries, Nantucket has gone from a whaling town to a hippie refuge to a holiday hot spot for billionaires. "To use a well-worn phrase, come hell or high water, people are still buying multimillion-dollar homes on Nantucket." Between 2030 and 2100, the number of structures exposed to coastal erosion is expected to go from 113 to 860. "Without erosion, this would be an extremely valuable area," Baxter Road resident Joshua Posner told BI. "It's not inexpensive, but it is worth doing," Posner told BI.

Persons: Steve Schwarzman, Eric Schmidt, Barry Sternlicht, Elizabeth Gibson, David L, Ryan, Bruce Percelay, Edward Sanford's, he'd, Percelay, Greg Mckechnie, you'd, Barry Sternlicht's, Suzanne Kreiter, Shelly Lockwood, who's, I'm, Joshua Posner, Jack Welch, Bill Belichick, —, Sanford, Lockwood, Nature, Yorker Brendan Maddigan, Maddigan, Mckechnie, Schwarzman, She's, Posner, he's, Helmut Weymar, Anne Atherton Organizations: Resilience, Business, Boston Globe, Getty, Estate, Nantucket, Coastal, Nantucket's Cisco, Cisco, Beach, Patriots, Yorker, Preservation Fund, Baxter, Conservation, Conservancy, The New York Times, Conservation Commission, Nature Locations: Nantucket, England, Cape Cod, Nantucket's, Madaket, Sconset, Brant, Baxter

☆ The world's top chipmakers can flip a 'kill switch' should China invade Taiwan, Bloomberg reports
▼ + stars: | 2024-05-23 | by ( Huileng Tan | ) www.businessinsider.com time to read: +4 min

Read previewTwo of the world's most important chip companies can flip a "kill switch" remotely on their most advanced chipmaking machines should China invade Taiwan, Bloomberg reported on Tuesday, citing people familiar with the matter. The Netherlands's ASML — Europe's top tech company by market value — supplies advanced machines to chip-making companies. The US has also pressured the Netherlands to block some ASML exports to China to limit the country's ability to manufacture advanced chips. The Dutch company has also said it will stop servicing some equipment previously exported to China. Rising concerns over Taiwan Strait developmentsThere are concerns about China's intensifying drills around Taiwan after Taiwan inaugurated its new President, William Lai — whom Beijing has branded as a separatist — on Monday.

Persons: —, Taiwan's, ASML, William Lai —, Li Xi, Jensen Huang, TSMC Organizations: Service, Bloomberg, Business, East, Dutch, China's People's Liberation Army, Nvidia Locations: China, Taiwan, Washington, Beijing, Netherlands, Arizona, Japan, Germany, ASML

☆ Tesla CEO Elon Musk says he favors 'no tariffs' on Chinese EVs
▼ + stars: | 2024-05-23 | by ( Ryan Browne | ) www.cnbc.com time to read: +1 min

Elon Musk, co-founder of Tesla and SpaceX and owner of X Holdings Corp., speaks at the Milken Institute's Global Conference at the Beverly Hilton Hotel,on May 6, 2024 in Beverly Hills, California. PARIS, France — Tesla CEO Elon Musk said on Thursday that he doesn't support President Biden's recent announcement of a tariff on Chinese electric vehicles. "Neither Tesla nor I asked for these tariffs," Musk said during a question and answer session at the VivaTech conference Wednesday in Paris. "Tesla competes quite well in the market in China with no tariffs and no deferential support," Musk said Thursday. It's a change of tune for Musk, who suggested earlier this year that Chinese EV companies will crush competitors elsewhere in the absence of trade restrictions.

Persons: Elon Musk, Tesla, Biden's, Musk, Biden Organizations: SpaceX, X Holdings Corp, Milken Institute's Global, Beverly Hilton Hotel, Revenue Locations: Beverly Hills , California, PARIS, France, Paris, China, Europe

☆ 5 millennials who are on their way to financial independence share why they have no intention of retiring early
▼ + stars: | 2024-05-23 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +8 min

October, a speech-language pathologist for New York City Public Schools, started her journey toward financial independence a few years ago. October is one of many millennials who are working toward achieving financial independence, one of the main goals of the FIRE — financial independence, retire early — community. Some millennials who successfully achieved financial independence told BI that a traditional retirement is overrated. Advertisement"The whole time I've been thinking in terms of my financial independence as what I call single-player mode. She sees financial independence as an extension of her drive to fulfill passion projects.

Persons: —, Shelly, she'll, she's, She's, millennials, They're, Scott Rieckens, Millennials, Oz Chen, he's, Oz Chen He's, hasn't, I'm, Chen, Gabriela Ariza, Ariza, David, Jill Pawley, Jilly Pawley, they'll, they've, It's, Jill Organizations: Service, New York City Public Schools, Business, Neighborhood Assistance Corporation of America Locations: Yonkers, New York City, Los Angeles, Illinois, Chicago, Rockford, Haiti, Michigan

☆ Celine Dion chronicles her battle back to the stage after stiff person syndrome diagnosis in documentary trailer
▼ + stars: | 2024-05-23 | by ( Alli Rosenbloom | ) edition.cnn.com time to read: +2 min

CNN —Celine Dion knows how powerful love can be. This is especially apparent in the new trailer for her upcoming documentary “I Am: Celine Dion,” in which she showcases how much her love of singing and performing live keeps her going while living with stiff person syndrome, a rare neurological disorder. If I can’t walk, I’ll crawl,” she adds, with tears in her eyes. Dion announced in December 2022 that she was taking time off from professional commitments to focus on her health after revealing her stiff person syndrome diagnosis. “I need my instrument.”“I Am: Celine Dion” will be available to stream on Prime Video on June 25.

Persons: Celine Dion, “, it’s, Dion, ”, ” Dion, Celine Dion ” Organizations: CNN, ”, National Institute of Neurological Disorders Locations: ”

☆ What you need to know about the new ‘FliRT’ coronavirus variant, according to a doctor
▼ + stars: | 2024-05-23 | by ( Katia Hetter | ) edition.cnn.com time to read: +6 min

CNN —There is a new coronavirus variant in town. Home tests will likely still detect KP.2, the new coronavirus variant. Grace Cary/Moment RF/Getty ImagesCNN: What should people know about this new variant, KP.2? Wen: Most people who contract the coronavirus will never know what variant is causing their symptoms. CNN: Who should take antiviral treatments if they contract Covid-19?

Persons: Leana Wen, Wen, Grace Cary, Covid Organizations: CNN, US Centers for Disease Control, KP, George Washington University, Getty, Alpha, Beta, CDC Locations: KP, United States, Delta, Covid

☆ 6 weeks later, NY appeals court denies Trump motion to move venue of hush money trial
▼ + stars: | 2024-05-23 | by ( Lauren Del Valle | ) edition.cnn.com time to read: +3 min

CNN —A panel of New York State appellate judges denied Donald Trump’s appeal to move his criminal trial — which has been going on for six weeks — out of Manhattan to another county. All of Trump’s emergency appellate requests to delay the trial were denied at the time, and since then, the court has denied Trump’s motions on the underlying issues. Five days before the trial got underway, Trump’s lawyers had asked the appeals court to delay the trial pending an appellate ruling on these issues. That request was denied after an emergency hearing on April 10, and the order issued on Thursday now dismisses the petition. Trump can ask the appeals court to consider the issues in a direct appeal after a final judgment in the trial, the ruling says.

Persons: Donald Trump’s, Cliff Robert, ”, ” Trump, Judge Juan Merchan’s, Trump Organizations: CNN, New, Trump, Manhattan District Locations: New York State, Manhattan

☆ Sunak Says U.K. Won’t Send Asylum Seekers to Rwanda Before Election
▼ + stars: | 2024-05-23 | by ( Mark Landler | ) www.nytimes.com time to read: +1 min

In calling a general election, Prime Minister Rishi Sunak of Britain cast himself this week as a leader with a clear plan. That did not include carrying an umbrella during his remarks in front of 10 Downing Street, where Mr. Sunak was drenched in a spring shower that yielded a flood of snarky headlines. “Drowning Street,” said the tabloid City A.M. “Drown & out,” cried The Daily Mirror. Mr. Sunak signaled that his government’s signature political project — putting asylum seekers on one-way flights to Rwanda — would not be set in motion before voters went to the polls on July 4. Speaking to the BBC, Mr. Sunak cited the Rwanda policy to draw a sharp contrast with the opposition Labour Party, which he accused of having no plan to stop asylum seekers who make hazardous crossings of the English Channel in small boats.

Persons: Rishi Sunak, Sunak, ”, “, Rwanda — Organizations: Downing, Daily Telegraph, BBC, Labour Party Locations: Rwanda

☆ Russian media cited fake rumors of a Mossad agent named 'Eli Copter' being involved in the helicopter crash that killed Iran's President Ebrahim Raisi
▼ + stars: | 2024-05-23 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

Read previewAn online joke about Iranian President Ebrahim Raisi being killed in a helicopter crash by a Mossad agent named "Eli Copter" has fooled several media outlets — including Russian state TV host Vladimir Solovyov. Raisi, 63, died on Sunday in a helicopter crash alongside several senior officials in northwest Iran, with state media saying the vehicle struck a mountainside. An Israeli official said Tel Aviv was not involved in the crash, which Solovyov challenged. AF - The IDF Mourns The Loss Of Their Undercover Agent, Eli Copter pic.twitter.com/G0tok0TFyV — Associated Fress (@AssociatedFress) May 19, 2024Several people reporting about Raisi's death seemed to have missed the joke. Haik later quoted the Hamas message on i24, saying that the involvement of "Eli Copter" was a rumor that couldn't yet be confirmed.

Persons: —, Ebrahim Raisi, Eli Copter, Vladimir Solovyov, Solovyov, Daniel Haik, Eli Copter pic.twitter.com, Haik Organizations: Service, Business, Tel, Russia Media Monitor, IDF, Hamas, Telegram, i24 France, Kremlin, West, Washington, Observatory, MIT Media Lab, Center for Locations: Iran, Israel, Tel Aviv, Russia, Tehran, Moscow, Ukraine

☆ Despite recent apologies and reassurances, documents leaked to Vox show OpenAI pressured departing employees over equity
▼ + stars: | 2024-05-23 | by ( Sarah Gray | Erin Snodgrass | ) www.businessinsider.com time to read: +5 min

A Vox story on Saturday said the company could take back vested equity if departing employees did not sign a non-disparagement agreement. "For a company to threaten to claw back already-vested equity is egregious and unusual," California employment law attorney Chambord Benton-Hayes told Vox. AdvertisementOn Saturday, OpenAI CEO Sam Altman said on X, "Vested equity is vested equity, full stop." We have not and never will take away vested equity, even when people didn't sign the departure documents. Not signing "could impact your equity," OpenAI told one of them, per Vox.

Persons: —, Chambord Benton, Hayes, Vox, Sam Altman, Altman, Kelsey Piper's, OpenAI execs, Jason Kwon, Kwon, OpenAI, i've, Scarlett Johansson Organizations: Service, Equity, Business, Vox Locations: California, Vox

☆ Election Updates: Trump’s New York City trial has made for a very local presidential campaign.
▼ + stars: | 2024-05-23 | by ( Michael Gold | ) www.nytimes.com time to read: +9 min

But often over the last month, his presidential campaign has ventured into politically hostile territory: New York City. “It does feel like he’s almost going out there door to door.”Image Mr. Trump brought pizzas to a firehouse in Midtown Manhattan. Credit... Hiroko Masuike/The New York TimesWorking within the trial schedule, Mr. Trump’s aides have also looked to use its constraints to their advantage. Image Union workers outside a construction site in Manhattan last month during Mr. Trump’s visit. Credit... Hiroko Masuike/The New York Times Image The Trump campaign has cited his crowds as proof of his popularity in deep-blue New York.

Persons: Donald J, Trump, ”, George Arzt, Edward I, Koch, Hiroko Masuike, Brian Hughes, Mr, Trump’s, ” Jason Miller, Biden, Miller, Bill de Blasio, de, Hank Sheinkopf, Sheinkopf, “, ” Nicholas Nehamas Organizations: Trump, Midtown Manhattan ., New York Times, New Yorker, Democratic, New, Madison, Garden, Credit Locations: New York City, Harlem, Midtown Manhattan, Manhattan, New York, Midtown, Florida, York, Yorkers, Bronx, Crotona Park, Michigan, Wisconsin, Jersey Shore, Pennsylvania, Wildwood , N.J, bodega

☆ Opinion: What Alito’s flag controversies say about the Supreme Court
▼ + stars: | 2024-05-23 | by ( Julian Zelizer | ) edition.cnn.com time to read: +6 min

CNN —If Chief Justice John Roberts is really an institutionalist — someone deeply concerned about the integrity of the Supreme Court and public perceptions about it — then he has a big problem on his hands. The discovery also comes at a time when the Supreme Court will be making a decision about Trump’s claims of sweeping presidential immunity, his get-out-of-jail-free card for the federal cases he faces. The notion that the Supreme Court can be trusted to be an arbiter above partisan politics has suffered major blows in recent years. Supreme Court decisions have not been the only issue. The Alito flag controversy is another blow to the image of the court.

Persons: Julian Zelizer, ”, John Roberts, —, Samuel Alito —, Donald Trump, Alito, Alito hasn’t, Trump, SCOTUS, “, Dobbs, Roe, Wade, Clarence Thomas ’, Virginia Thomas, Thomas ’, Roberts, George W Organizations: CNN, Princeton University, Twitter, Supreme, New York Times, Jackson, Health, Annenberg Public, Center, Pew Research Center, Republican Locations: New Jersey, Virginia, Vietnam, Florida

☆ Businesses push Biden to grant work permits to longtime undocumented immigrants
▼ + stars: | 2024-05-23 | by ( Tami Luhby | ) edition.cnn.com time to read: +10 min

She knows there’s a bigger pool of experienced workers out there, but she can’t hire them because they are undocumented immigrants. The coalition argues Biden can do more through executive action under current law, including by expanding work permits to spouses of US citizens. All of Indiana dairy farmer Steve Obert's employees are authorized to work, but he is among the business leaders advocating for more work permits for longtime undocumented residents. Courtesy Steve ObertAll of Obert’s 15 non-family employees are foreign born and have work permits. But he knows that undocumented workers contribute a lot to the industry, as well as to the communities where they live.

Persons: Lisa Winton, Winton, Biden, ” Winton, ” Lisa Winton, Joe Biden, Donald Trump, Barack Obama, Trump, , ”, Karoline Leavitt, “, ” It’s, Steve Obert, Jessica Vaughan, Rebecca Shi, ‘, ’ ”, Shi, Vaughan, Tara Watson, Bush, Obama, Kerri Talbot, Trump’s, Steve, ” Obert Organizations: CNN, Winton Machine Company, American Business Immigration Coalition, Employers, Time, Trump, Pew Research Center, Labor, National Agricultural Workers Survey, Center, American, National Milk Producers Federation, Immigration Services, Center for Immigration Studies, Department of Homeland Security, Migration Policy Institute, Williams College, Immigration, Indiana Dairy Producers Locations: Suwanee , Georgia, Winton, Georgia, America, Indiana

☆ UK election 2024: Everything you need to know
▼ + stars: | 2024-05-23 | by ( Rob Picheta | ) edition.cnn.com time to read: +11 min

Rishi Sunak’s rival for power is Labour leader Keir Starmer, who is heavily favored to become Britain’s new prime minister in July. Labour leader Keir Starmer -- the frontrunner in the election -- launches his campaign in Gillingham on Thursday. Given Labour’s standing in the polls, Starmer is more equipped to take the fight to other groups. In the UK, voters don’t elect a prime minister directly. But this is a formal role only; the King won’t contradict his prime minister or overrule the results of an election.

Persons: CNN —, Rishi Sunak, We’ll, Keir Starmer, Sunak, Downing, Maja Smiejkowska, – Sunak, Boris Johnson’s, Liz Truss, Boris Johnson, Johnson, Stefan Rousseau, Jeremy Corbyn, Theresa May, Sunak hasn’t, –, Starmer, Henry Nicholls, Rishi Sunak’s, Gareth Fuller, Reform Party –, David Cameron, King Charles III, won’t Organizations: CNN, CNN — Britain’s, Labour, Reuters, Sunak’s Conservative Party, Liberal Democrats, Conservatives, Conservative, Party, Getty, European Union, Reform Party, Scottish National Party, Green Party, National Health Service Locations: Westminster, Rwanda, England, AFP, Gillingham, Gaza

☆ The world's top chipmakers can push a 'kill switch' should China invade Taiwan, Bloomberg reports
▼ + stars: | 2024-05-23 | by ( Huileng Tan | ) www.businessinsider.com time to read: +4 min

Read previewTwo of the world's most important chip companies can push a "kill switch" remotely on their most advanced chipmaking machines should China invade Taiwan, Bloomberg reported on Tuesday, citing people familiar with the matter. The Netherlands's ASML — Europe's top tech company by market value — supplies advanced machines to chip-making companies. The US has also pressured the Netherlands to block some ASML exports to China to limit the country's ability to manufacture advanced chips. Rising concerns over Taiwan Strait developmentsThere are concerns about China's intensifying drills around Taiwan after Taiwan inaugurated its new President, William Lai — whom Beijing has branded as a separatist — on Monday. But Nvidia CEO Jensen Huang told Bloomberg TV on Tuesday that that the world's tech sector is likely to continue depending on Taiwanese manufacturing for "some time."

Persons: —, Taiwan's, ASML, William Lai —, Li Xi, Jensen Huang Organizations: Service, Bloomberg, Business, East, Dutch, China's People's Liberation Army, Nvidia Locations: China, Taiwan, Washington, Beijing, Netherlands, Arizona, Japan, Germany

☆ A Tesla owner says his car’s ‘self-driving’ technology failed to detect a moving train ahead of a crash caught on camera
▼ + stars: | 2024-05-23 | by ( Ben Goggin | ) www.cnbc.com time to read: +5 min

"You do get complacent that it knows what it's doing," he said of the Tesla technology. Doty, a certified general appraiser in Ohio, was driving at around 60 mph, according to a Tesla crash report. The speed limit on the road was 55 mph, according to Doty and a police report associated with the accident. Drivers can request crash reports from Tesla, which are generated using data individual cars send to Tesla servers. The Tesla report shows that the car maintained a speed of around 60 mph while in Full Self-Driving mode before Doty slammed on the brakes and turned the wheel.

Persons: Craig Doty, Craig Doty II, Tesla's, Doty, David Paul Morris, Tesla, Elon Musk, Mike Blake Organizations: NBC News, Tesla, NBC, Bloomberg, Getty, National, Traffic Safety Administration Locations: Ohio, Encinitas , California, U.S

☆ Western fighters in Ukraine are getting killed because they assumed the war would be easy, says a US veteran who fought there
▼ + stars: | 2024-05-23 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +5 min

Read previewWestern fighters who joined the war in Ukraine have been killed, in some cases, because they assumed the fight would be easy, a US veteran who fought in Ukraine told Business Insider. Foreign fighters coming to UkraineHe was one of many foreign fighters who fought for Ukraine. There are no proven figures for how many foreign fighters have come to Ukraine or have been killed there. Ukraine founded its International Legion in 2022, allowing foreign fighters to come to Ukraine and help it fight back against Russia. Reasons aside, many foreign fighters have been killed, as Business Insider's Cameron Manley previously reported, with some international survivors saying they were used as a "sacrificial unit."

Persons: —, they're, that's, it's, Jackie, you've, they've, Zavhorodnii, Insider's Cameron Manley Organizations: Service, Business, AP, NATO, REUTERS, International Legion, Russia Locations: Ukraine, Kharkiv, Bakhmut, Iraq, Middle East, Afghanistan

☆ Golf champ Scottie Scheffler arrest video released, officer broke body camera rules
▼ + stars: | 2024-05-23 | by ( Dan Mangan | ) www.cnbc.com time to read: +6 min

Scottie Scheffler arrives to the course during the second round of the PGA Championship at Valhalla Golf Club in Louisville, Kentucky, on May 17, 2024. Detective Bryan Gillis "should have turned on his body-worn camera but did not," Louisville Metro Police Department Chief Jacquelyn Gwinn-Villaroel said at a press conference. The footage came from a pole camera and a police car dashboard camera. Some legal analysts expected the press conference to announce the reduction of felony charges against Scheffler. Scheffler's lawyer, Steven Romines, after the press conference said, "Scottie Scheffler didn't do anything wrong."

Persons: Scottie Scheffler, Ben Jared, Bryan Gillis, Jacquelyn Gwinn, Villaroel, Craig Greenberg, Gillis, Greenberg, Timothy D, Steven Romines, Romines, it'll, Scottie, Breonna Taylor, Taylor's, George Floyd, LMPD, Scheffler, —, abrasions, Ted Scott Organizations: PGA, Valhalla Golf Club, Louisville Metro Police Department, Louisville, Louisville Police, Easley, AP Louisville, Scheffler, Police, of Justice, Louisville police, DOJ, Valhalla Golf Locations: Louisville , Kentucky, Louisville, Ky, Minneapolis

☆ Cruz refuses to unconditionally accept results of 2024 election
▼ + stars: | 2024-05-23 | by ( Shania Shelton | ) edition.cnn.com time to read: +3 min

“I think that’s actually a ridiculous question,” replied Cruz when asked by CNN’s Kaitlan Collins on “The Source” whether he will accept the results of the 2024 election regardless of who wins. Cruz, who objected to Arizona’s election results on January 6, 2021, then went on in his interview with Collins to suggest, baselessly, that the 2020 election was rife with fraud. “So my question for you again, free and fair election, will you accept the results regardless of who wins?” Collins asked. “If the Democrats win, I will accept the result, but I’m not going to ignore fraud regardless of what happens,” Cruz responded. Trump said earlier this month that he would only accept the 2024 election results “if everything’s honest.” Rep. Elise Stefanik of New York and Sen. J.D.

Persons: Republican Sen, Ted Cruz, “, ”, Cruz, CNN’s Kaitlan Collins, ‘ Will, ” Cruz, Collins, ” Collins, I’m, Donald Trump, Trump, Elise Stefanik, Sen, J.D, Vance of Ohio, South Carolina Republican Sen, Tim Scott, Samuel Alito, Clarence Thomas, We’re, Sam Alito, Martha, Ann Alito, Alito Organizations: CNN, Republican, Republicans, Trump, South Carolina Republican, Senate Locations: New York

☆ Stop Trading: GlobalFoundries
▼ + stars: | 2024-05-23 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailStop Trading: GlobalFoundriesCNBC's Jim Cramer reports on news in the semiconductor industry.

Persons: Jim Cramer

☆ Nvidia, Powered by A.I. Boom, Reports Soaring Revenue and Profits
▼ + stars: | 2024-05-22 | by ( Don Clark | ) www.nytimes.com time to read: +1 min

Nvidia, which makes microchips that power most artificial intelligence applications, began an extraordinary run a year ago. Fueled by an explosion of interest in A.I., the Silicon Valley company said last May that it expected its chip sales to go through the roof. They did — and the fervor didn’t stop, with Nvidia raising its revenue projections every few months. Its stock soared, driving the company to a more than $2 trillion market capitalization that makes it more valuable than Alphabet, the parent of Google. On Wednesday, Nvidia again reported soaring revenue and profits that underscored how it remains a dominant winner of the A.I.

Persons: sevenfold Organizations: Nvidia, Google, Revenue Locations: A.I

☆ Trains Suspended Between New York and Philadelphia After Power Outage
▼ + stars: | 2024-05-22 | by ( Christopher Maag | More About Christopher Maag | ) www.nytimes.com time to read: +1 min

All trains between New York and Philadelphia were suspended on Wednesday evening because of fallen electrical wires that power the trains at Pennsylvania Station, according to Amtrak. The power outage stopped Amtrak and New Jersey Transit trains, an Amtrak spokesman, Jason Abrams, said in an email. The power outage started at 5:05 p.m., Mr. Abrams said, adding that crews were working to restore power. Riders on New Jersey Transit will have their tickets and passes honored on PATH trains, which are running between Manhattan and New Jersey, according to a spokesman for New Jersey Transit. To avoid Penn Station, travelers also may take a ferry to Hoboken, where six New Jersey Transit lines offer service.

Persons: Jason Abrams, Abrams Organizations: Pennsylvania, Amtrak, New Jersey Transit, Penn, Metropolitan Transportation Authority, Riders, PATH, Jersey Transit Locations: New York, Philadelphia, New Jersey, Long, New, Manhattan, Hoboken, Jersey

☆ New York Times: Another controversial flag spotted outside an Alito property
▼ + stars: | 2024-05-22 | by ( John Fritze | ) edition.cnn.com time to read: +3 min

Citing photographs and interviews with neighbors, the Times reports that the “Appeal to Heaven” flag was seen on display at his property last summer. It’s the second revelation in as many weeks about a controversial display outside Alito’s property. Like the inverted US flag, the Appeal to Heaven flag – also known as the Pine Tree flag – was seen during the attack on the Capitol. House Speaker Mike Johnson faced blowback for displaying the same flag outside his office last year before assuming the leadership post. An "Appeal to Heaven" flag is seen outside Speaker Mike Johnson's personal office in the Cannon House Office Buiding on Wednesday, May 22.

Persons: Samuel Alito’s, Donald Trump, ”, Alito, Shay Horse, –, Mike Johnson, Johnson, “, George Washington’s, I’ve, ” Johnson, Mike, Trump, Texas Sen, Ted Cruz, CNN’s Kaitlan Collins, Jim Jordan, Judge Thomas –, Judge Kavanaugh, ” Jordan, CNN’s Manu Raju, CNN’s Piper Hudspeth Blackburn, Morgan Rimmer, Manu Raju Organizations: CNN, Capitol, New York Times, Times, Trump, Capitol ., Cannon, Texas, ” Locations: New Jersey, Virginia, Washington , DC

☆ The future of Elvis Presley’s Graceland could be decided in court Wednesday
▼ + stars: | 2024-05-22 | by ( David Goldman | ) edition.cnn.com time to read: +4 min

CNN —The future of Graceland, Elvis Presley’s historic Memphis home, could be determined in court Wednesday after a bizarre set of events set the late singer’s granddaughter against a mysterious company that claimed Elvis’ daughter gave it Graceland’s deed. In a signed affidavit, the notary public denied ever notarizing anything that Lisa Marie Presley had signed. An estate in disputeFollowing Lisa Marie Presley’s death, Keogh and her grandmother, Priscilla Presley, fought over the rights to her estate – including Graceland. In 2004, Lisa Marie Presley sold 85% of Elvis Presley Enterprises’ assets in a deal reportedly worth more than $100 million. Lisa Marie Presley annually earned seven figures from it, based on a court filing in her 2022 divorce.

Persons: Elvis, Elvis ’, –, Danielle Riley Keough, Keough, Lisa Marie Presley, Naussany, Presley, Naussany isn’t, ”, “ Lisa Marie Presley, Elvis Presley, “ Elvis Presley, Lisa Marie Presley’s, Keogh, Priscilla Presley, Graceland, Mad Max Fury Organizations: CNN, Chancery, Naussany Investments, Elvis Presley Enterprises, Graceland’s, Graceland Locations: Memphis, Shelby County , Tennessee, Graceland, Kimberling City , Missouri, Missouri, “

Search resuls for: "Stop"

25 mentions found