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☆ The race for ever-cooler workplaces is leaving employees the winners
▼ + stars: | 2024-04-10 | by ( Tim Paradis | ) www.businessinsider.com time to read: +6 min

download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementKat Hunt never wanted to work from home. Hunt, whose job is in finance in Portland, Oregon, needed a place for some team members to gather in New York City. Hunt wanted a spot that wasn't your typical WeWork or similar. Courtesy Kat Hunt and Radious"I was allowed to work from home, but I never wanted to," Hunt said.

Persons: —, Kat Hunt, Hunt, Radious, Amina Moreau, Moreau, Combinator, Ryan Masiello, That's, Googlers, Clelia Warburg Peters, It's Organizations: Google, JPMorgan, Service, Earth Finance, San, Francisco's Pier, Ventures Locations: luxe, Portland , Oregon, New York City, Portland, Brooklyn, San Francisco, Portland , Milwaukee, San Francisco Bay, New York, Mountain View , California, Francisco's

☆ Vietnam aims to start work on high-speed rail lines to China by 2030
▼ + stars: | 2024-04-10 | by ( ) www.cnbc.com time to read: +1 min

Vietnam's Prime Minister Pham Minh Chinh (R) bids farewell to China's President Xi Jinping after their meeting at the Government Office in Hanoi on Dec. 13, 2023. Vietnam aims to start building two high-speed railway lines linking its capital Hanoi with China before 2030, the Ministry of Planning and Investment said, another sign of a recent warming of ties between the two Communist-ruled neighbors. China is Vietnam's largest trading partner and a vital source of imports for its manufacturing sector. The two countries are already connected via a system of highways and two railway lines that are old and need upgrading on the Vietnam side. One of the planned high-speed lines would run from Vietnam's port cities of Haiphong and Quang Ninh through Hanoi to Lao Cai province, which borders China's Yunan province, the ministry said in a statement released late on Tuesday.

Persons: Pham Minh Chinh, Xi Jinping, Lao Cai Organizations: Vietnam's, Government, Ministry of Planning, Investment Locations: Hanoi, Vietnam, China, Vietnam's, Haiphong, Quang Ninh, Lao, China's Yunan, Lang Son, China's Guangxi

☆ Imports from China to the US are rising at the highest rate since last fall
▼ + stars: | 2024-04-10 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +5 min

Imports coming to the U.S. from China are experiencing a notable increase, according to new trade and logistics data. The first half of 2024 is expected to total 11.7 million TEUs (twenty-foot equivalent units), an increase of 11% from the same period last year. In 2023, imports were down from 2022 by almost 13%, totaling 22.3 million TEUs. By comparison, New York/New Jersey processed 7.81 million TEUs, Georgia 5.4 million TEUs, Virginia at 3.3 million TEUs, Charleston 2.5 million TEUs, Jacksonville 1.3 million TEUs, and Miami 1.25 million TEUs. The other reason for the recent container push is fears of a labor strike at East Coast and Gulf ports.

Persons: John Gold, Francis Scott Key, Jason Hilsenbeck, Drayage.com, Paul Brashier, Brashier Organizations: Future Publishing, Getty, Global, National Retail Federation, Hackett Associates, Francis Scott Key Bridge, Miami, ITS Logistics, CNBC, Baltimore, West Coast, U.S ., Port / Railroad, Longshoremen's Association, United States Maritime Alliance Locations: Taicang, Jiangsu province, China, U.S, Panama, Port of Baltimore, East Coast, New York, New Jersey, Georgia, Virginia, Charleston, Jacksonville, Port of Virginia, Norfolk, Baltimore, NY, NJ, Norfolk and New York, West, West Coast North, U.S . East Coast, West Coast, Los Angeles, Long Beach, Long, Gulf, East

☆ Here are Wednesday's biggest analyst calls: Nvidia, Tesla, Exxon, Coinbase, Cava, Alphabet, Amazon, Block & more
▼ + stars: | 2024-04-10 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Bank of America reiterates Nvidia as buy Bank of America said it's sticking with the stock as a top pick. Mizuho reiterates Block as buy Mizuho raised its price target on the payment company to $106 per share from $99. Bank of America reiterates Coinbase as underperform. Bank of America reiterates Alphabet as buy Bank of America said "AI innovation [was] on display" at the company's Google Cloud Next event. " Deutsche Bank reiterates Amazon as buy Deutsche said the company is a top pick heading into earnings. "

Persons: Morgan Stanley, Piper Sandler, Tesla, Piper, Zillow, Jefferies, Mizuho, Goldman Sachs, Goldman, TD Cowen, Cowen, William Blair, Vital, Canaccord, Truist Organizations: NVIDIA, " Bank of America, Nvidia, Bank of America, Jefferies, Mizuho, SEC, Barclays, Google, Citi, Pharma, Chevron, Exxon, Vital, Argus, Motors, of America, Deutsche Bank, Amazon, Deutsche, E Corp, National, CN Locations: FCFS, Cava, CAVA, Albemarle, 1Q24, OW

☆ Visits from Japanese and Filipino leaders highlight Biden’s efforts to blunt China’s aggression
▼ + stars: | 2024-04-09 | by ( Arlette Saenz | Kayla Tausche | ) edition.cnn.com time to read: +12 min

Biden’s week also includes an official visit for Japanese Prime Minister Kishida Fumio, reinforcing his commitment to cultivating partnerships in the Indo-Pacific in the face of China’s rising economic and military power. The historic leaders summit on Thursday between Biden, Kishida and Filipino President Ferdinand Marcos is expected to produce announcements relating to infrastructure, energy security, digital connectivity and maritime security. Meanwhile, Japan has recently loosened restrictions on the export of military technology – paving the way for deeper collaboration with like-minded allies. The first virtual meeting with the four leaders took place in March 2021 with subsequent in-person summits in the years that followed. Biden and his team also have sought to draw in smaller regional neighbors concerned about China’s military and economic aggression.

Persons: Joe Biden, Kishida, Biden, Jake Sullivan, “, Jill Biden, Kishida Yuko, They’re, Ferdinand Marcos, Marcos, ” Sullivan, ”, John Neuffer, ” Biden, ” Rahm Emanuel, Sullivan, zeroed, Japan’s, Yoshihide Suga, Korea’s, Moon Jae, Yoon Suk Yeol, Rodrigo Duterte, Donald Trump, ” Kishida Organizations: Washington CNN, Japanese, CNN, Biden White House, Australia, US Steel, APEC, Washington, Semiconductor Industry Association, Clark Air Base, Subic Naval Base, American, White, Kishida, White House, Pacific, PBS Locations: Japan, Philippines, North Korea, Ukraine, Gaza, India, South Korea, China, Manila, ’, lockstep, Netherlands, Taiwan, Beijing, Thursday’s, US, Australia, South China, South, Russia, Kishida, United States, Tokyo, Seoul, David, United Kingdom, Washington, Vietnam, U.S

☆ Norfolk Southern reaches $600 million settlement to settle East Palestine derailment suit
▼ + stars: | 2024-04-09 | by ( David Goldman | ) edition.cnn.com time to read: +3 min

But Norfolk Southern didn’t admit to any liability or wrongdoing as a result of the settlement. Following the February 3, 2023, Norfolk Southern freight train derailment, residents were ordered to evacuate temporarily. But several class-action lawsuits say the company hasn’t done enough to remediate the toxic chemicals released into the area. They also blamed Norfolk Southern for negligence. Shares of Norfolk Southern (NSC) fell 2% in premarket trading.

Persons: “, ”, Seth Katz, Burg Simpson Eldredge Hersh, Jardine, Elizabeth Graham of Grant, Eisenhofer, Jayne Conroy, Simmons Hanly Conroy, Michael Morgan, Morgan, Norfolk Southern Organizations: New, New York CNN, Norfolk Southern, Norfolk, National Transportation Safety, Senate Locations: New York, Palestine , Ohio, State, East Palestine

☆ Then and now: Inside the legendary Orient Express train
▼ + stars: | 2024-04-09 | by ( Joey Hadden | ) www.businessinsider.com time to read: +1 min

The Orient Express, a famed historic train, is being revived by the Venice Simplon-Orient-Express. AdvertisementThe Orient Express is perhaps the most well-known train in history. As the first transcontinental express train in Europe, the Orient Express served the rich and royal on overnight journeys from 1883 to 1977, according to Britannica. According to the company's website, the Venice Simplon-Orient-Express operates 60 routes in 17 cities. So, I compared photos from my trip to historical images of the Orient Express.

Persons: — Organizations: Orient Express, Orient, Express, Service Locations: Venice, Europe, Britannica

☆ Dali container removal will take weeks, a key to Port of Baltimore reopening
▼ + stars: | 2024-04-08 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +4 min

A Key Bridge Response 2024 Unified Command image of response crews remove shipping containers using a floating crane barge after the cargo ship Dali struck and collapsed the Francis Scott Key Bridge, on April 7, 2024 in Baltimore, Maryland. CSX was the first rail to start a rail service for diverted containers resulting from the accident and closure of the Port of Baltimore. Once the Dali is refloated and no longer listing, tugs will move the vessel to the CSX terminal at the Port of Baltimore. "Once you see plans of moving the Dali away from the port, that's when you know the channel is ready to be open," Roth said. The size of vessels the Coast Guard is allowing is 96 feet in length, compared to the 984-foot-long Dali, the vessel that struck the Francis Scott Key Bridge after losing navigational control and destroyed the key piece of infrastructure.

Persons: Dali, Francis Scott Key, JIC, Aaron Roth, Roth Organizations: Bethlehem Steel, Unified Command, Synergy Marine, U.S . Coast Guard, U.S . Army Corps of Engineers, Maryland Department of, Environment, Maryland Transportation Authority, Maryland State Police, Center, CNBC, Port, CSX, Coast Guard, Chertoff Group, Guard, Francis Scott Key Bridge, Department of Defense, Dover Air Force Base Locations: Baltimore , Maryland, Baltimore Harbor, Baltimore, Port of Baltimore

☆ Will the total solar eclipse disrupt your cell service?
▼ + stars: | 2024-04-06 | by ( John Towfighi | ) edition.cnn.com time to read: +8 min

CNN —As darkness envelops millions of people during Monday’s total solar eclipse, spectators will hold their cellphones skyward to capture the moment. A family looks through a pair of giant solar eclipse glasses at Veterans Memorial Park in Dripping Springs, Texas, on April 4, 2024. When the last total solar eclipse cut a path across America in 2017, AT&T reported network usage spikes up to 15% around certain cell towers in the path of totality. People view the solar eclipse at 'Top of the Rock' observatory at Rockefeller Center, August 21, 2017 in New York City. “A total eclipse of the sun is unlike any other experience that a human being can have.

Persons: Adam Davis, Shutterstock, ”, Caty Pilachowski, ” Pilachowski, Drew Angerer, Chris Serico, Serico, ” Serico, it’s, ” Verizon’s Serico, Heather Groll, ” Groll, Michelle Eng, Pichnaieu Chung, Anthony Behar, Lisa Winter, Winter, Rick Dietz, Aaron Sadler, Pilachowski, “ Organizations: CNN, Veterans Memorial, Indiana University , Bloomington, Bloomington, Rockefeller Center, Verizon, 5G, New York State Division of Homeland Security, Emergency Services, “, New, MTA, Hall, AP, NASA, Technology Services Department Locations: Texas, Maine, Springs, Texas , Oklahoma , Arkansas , Missouri , Tennessee , Illinois , Kentucky , Indiana , Ohio, Michigan, Pennsylvania, New York , Vermont , New Hampshire , Maine, Mexico, Canada, America, New York City, Niagara, Erie, New York, Northeast Ohio, Dallas, United States, Buffalo , NY, Rochester , NY, Hall , New York, NY, Rock , Arkansas, Little

☆ Norfolk Southern activist investor highlights past abusive behavior of new COO as proxy fight intensifies
▼ + stars: | 2024-04-05 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +6 min

Last month, Norfolk Southern hired Orr away from rival CPKC, paying tens of millions of dollars to buy him out of his contract. A witness told the arbitrator that, in one instance, Orr told the employee that she "was so f------ stupid it was embarrassing." Prior to the announced hiring of Orr, Ancora drew attention to claims about his behavior in emails to two Norfolk Southern board members that CNBC obtained. Norfolk Southern told CNBC in a statement that Ancora's analysis of the value of the route — the Meridian Speedway agreement — "is completely inaccurate and based on a flawed premise," in that it assumes Norfolk Southern is forgoing more revenue than it actually is. Regarding Orr, Norfolk Southern said he has a "track record of improving performance while operating safely and with integrity."

Persons: Ancora, Alan Shaw, John Orr, Orr, Jim Barber, Jamie Boychuk, Shaw, John, Mr, Neuberger Berman, Gordon Haskett, Don Bilson, it's, isn't Organizations: Norfolk Southern, Getty Images, Wall, Canadian National, Canadian, CNBC, Norfolk, Meridian, CSX, Longacre Square Partners, Barclays Locations: Atlanta , Georgia, Getty Images Norfolk, Norfolk, Norfolk Southern, U.S, Orr, East Palestine , Ohio

Hualien, Taiwan CNN —Wu was preparing breakfast for guests at the small hotel he runs in Taiwan’s Hualien County when the shelves around him shook violently and the mountain behind his house roared. “It’s not too bad.”Video Ad Feedback Rescue efforts underway in Taiwan after deadly earthquake 02:54 - Source: CNNA checkpoint is set up outside Taroko Gorge just north of Hualien city in Taiwan. Yan Zhao/AFP/Getty ImagesWorkers demolish a damaged building following the earthquake in Hualien County, Taiwan on April 4, 2024. Annabelle Chih/Getty ImagesTaiwan’s recent push for preparedness comes from the hard lessons learned from the devastating quake 25 years ago, experts say. That quake left more than 100,000 buildings across Taiwan completely or partially collapsed, including nearly 300 schools.

Persons: Taiwan CNN — Wu, Wu, “, ”, It’s, Annabelle Chih, Chong, “ I’ve, Hualien . Yan Zhao, Tyrone Siu, Daniel Aldrich, Sam Yeh, Aldrich, ” Aldrich, “ They’ve, –, Wei Chia, Wei Organizations: Taiwan CNN, CNN, ”, Getty, Workers, Reuters, Northeastern University Locations: Hualien, Taiwan, Taiwan’s Hualien County, Taroko, Hiroshima, Hong Kong, Shanghai, “, Hualien . Yan, AFP, Hualien County, Haiti, India, China, Taipei

☆ CSX completes first diverted cargo shipments on new rail line for Port of Baltimore
▼ + stars: | 2024-04-04 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +3 min

Just days after CSX announced a new rail line in response to the Port of Baltimore closure, the Baltimore-bound containers that were diverted to the Port of New York and New Jersey are back being unloaded in Baltimore. CSX started discussions last week with Ports America to see how it could effectively move the diverted cargo. The train route moving the diverted cargo includes Chicago; Kearney, New Jersey; and Baltimore. Norfolk is in discussions with Ports America to extend this service directly on-dock at their Seagirt Intermodal Container Transfer Facility. As the Port of Baltimore crisis unfolded, many major ocean carriers invoked contract clauses transferring responsibility for transportation of cargo from diverted ports to shipping clients.

Persons: Mark Schmidt, Schmidt, Scott Cowan Organizations: CSX, Port, Ports, Canada, Plan Investment Board, Ports America, Norfolk Southern, Elizabeth Marine, Norfolk Southern's Triple Crown Services, International Longshoremen's Association, Baltimore Locations: Baltimore, of New York, New Jersey, Ports America, North, Chicago, Kearney , New Jersey, Norfolk, New York, Wilmington, Newark, Elizabeth , New Jersey, Port of New York, North America, Port of Baltimore, East Coast, Gulf, U.S, , Puerto Rico, Eastern Canada

☆ I booked shared and private sleeper cabins on overnight trains in Europe. Only one was worth the price.
▼ + stars: | 2024-04-03 | by ( Joey Hadden | ) www.businessinsider.com time to read: +1 min

For my first trip, I booked a bunk in a sleeper cabin shared with three strangers for $84. For my second trip, I booked a private cabin with three bunks, a sink, and a vanity for $200. Nightjet has three tiers of sleeping accommodations, from reclining seats to bunks in shared and private cabins. During my first European train trip, I booked an $84 ride from Vienna to Venice in a shared cabin with six bunks. A year later, I booked a private cabin from Venice to Vienna with the same train line for $200.

Persons: — Organizations: Service, OBB Nightjet Locations: Europe, Austrian, Nightjet, Vienna, Venice

☆ Hualien earthquake: Dozens rescued after major Taiwan quake but more than 100 still cut off
▼ + stars: | 2024-04-03 | by ( Helen Regan | Nectar Gan | ) edition.cnn.com time to read: +6 min

“But people are safe, so that’s fortunate.”Workers demolish a damaged building following the earthquake, in Hualien, Taiwan April 4, 2024. A rescue worker stands near the cordoned off site in the aftermath of an earthquake in Hualien, eastern Taiwan on Wednesday, April 3, 2024. Wednesday’s quake is the strongest to hit Taiwan since 1999, according to the Central Weather Administration. That year, a 7.7 magnitude quake hit south of Taipei, killing 2,400 people and injuring 10,000 others. A magnitude 6.2 quake hit near the area in 2018, killing at least 17 people and injuring more than 300 others.

Persons: Hong Changyi, ”, Tyrone Siu, rockfall, Johnson Lai, “ They’ve, Taiwan —, Sam Yeh, Yu, Lin Chih, cheng Organizations: CNN — Rescue, Hong, CNN, Workers, National Fire Agency, SET, Central News Agency, Video, CNA, Reuters, Getty, Hualien Fire Bureau, Central Weather Administration, Taiwan’s Professional Civil Engineers Association Locations: Taiwan, Hualien County, Hualien, Taroko, AFP, ”, Zhonghe, Taipei, Hualien City, Lin, China

☆ An English Village Hollowed Out for a Train That May Never Come
▼ + stars: | 2024-04-03 | by ( Stephen Castle | ) www.nytimes.com time to read: +1 min

For those that can afford them, the large villas at Whitmore Heath offer the tranquillity of the countryside within striking distance of urban centers like Stoke-on-Trent and Stafford, an hour’s drive north of Birmingham, the largest city in the English Midlands. Yet on Heath Road, where some house prices have exceeded a million pounds (about $1.3 million), padlocked gates and signs warn trespassers of CCTV security monitoring. Outside one house stands a dumpster filled with waste while the roof of another is carpeted with a veneer of moss. Peer through the large windows of a family home, and not a single piece of furniture can be seen inside. This scene of abandonment is a byproduct of a multibillion-dollar rail project that has spanned three decades and six prime ministers — a case study in the problems Britain encounters when planning large-scale infrastructure, and of the scarring that remains when such projects go awry.

Persons: Whitmore Heath, — Locations: Whitmore, Stoke, Trent, Stafford, Birmingham, English Midlands, Heath

☆ Inside Y Combinator's 60,000-square-foot, San Francisco college town
▼ + stars: | 2024-04-03 | by ( Melia Russell | ) www.businessinsider.com time to read: +6 min

The full-blown mania in artificial intelligence is bringing tech workers and startups back to San Francisco. Last June, the startup accelerator moved its headquarters from Mountain View into its new digs at the Pier 70 shipyard. Y Combinator partners record an episode of the Lightcone podcast in a production studio complete with professional cameras and lighting fixtures. Y CombinatorRemoving 'friction'For 17 years, Y Combinator set its base in Mountain View. The new San Francisco outpost was born from a desire to get founders in person again post-pandemic.

Persons: —, Jared Friedman, hasn't, Y Combinator Friedman, Y, Friedman, Carlos Avila Gonzalez, Bart, Lindsay Amos Organizations: Service, Volkswagen, Business, Chase, San, Rail, San Francisco Chronicle, Bay Area, YC Locations: San Francisco, Mountain View, San, bayside, View, Mission Bay, Bay, North Beach

☆ U.S. Finalizes Rule Requiring Two-Person Crews on Freight Trains
▼ + stars: | 2024-04-02 | by ( Mark Walker | More About Mark Walker | ) www.nytimes.com time to read: +1 min

Federal regulations had not previously specified a minimum crew size, but the nation’s largest freight railroads typically have two workers on each train, an engineer and a conductor. The Federal Railroad Administration proposed requiring two-person crews in 2022, arguing that doing so would improve safety. The issue received further attention after a Norfolk Southern freight train derailed last year in East Palestine, Ohio, putting the issue of railroad safety in the spotlight. A bipartisan rail safety bill introduced in Congress in response to the derailment included a requirement for two-person crews, though the legislation has stalled. The Norfolk Southern train, which investigators believe derailed because of an overheated wheel bearing, had three crew members on board: an engineer, a conductor and a conductor trainee.

Organizations: Biden, Federal Railroad Administration, Norfolk, Norfolk Southern Locations: Norfolk Southern, East Palestine , Ohio

The temblor set off at least nine landslides, collapsing hillsides onto the Suhua Highway in Hualien, according to local media reports. The quake was centered in the waters off Hualien, according to the United States Geological Survey. The epicenter was about 10 miles under the earth’s surface, according to Taiwan. Here is the latest: In Japan, tsunami waves as high as 30 centimeters hit the shore on Yonaguni Island at 9:14 a.m. local time. People in China took to social media saying they felt the tremors as far as away as Hangzhou, Xiamen, and Shanghai.

Persons: Tobin, Motoko Rich Organizations: Rail, United States Geological Survey, Weather Administration, U.S . Pacific, Warning Locations: Taiwan, Japan, Hualien, Taiwan’s, Taipei, People, China, Hangzhou, Xiamen, Shanghai

☆ New freight crew rule tests rail industry's clout, one year after East Palestine disaster
▼ + stars: | 2024-04-02 | by ( Ryan Anastasio | ) www.cnbc.com time to read: +4 min

One year after the East Palestine, Ohio train derailment created an environmental disaster, the Biden administration on Tuesday unveiled new regulations intended to shore up freight rail safety. Drone footage shows the freight train derailment in East Palestine, Ohio, U.S., February 6, 2023 in this screengrab obtained from a handout video released by the NTSB. Yet the new rule stops short of the kind of rail safety updates that the Biden administration and members of Congress had originally envisioned as a response to the East Palestine disaster. Making any major updates to rail safety will require congressional funding that has not yet been approved. The stalling of the Railway Safety Act also underscores the power of the freight rail industry's Washington lobbying shop, the Association of American Railroads (AAR).

Persons: Pete Buttigieg, Biden, Vince Verna, Buttigieg Organizations: Federal Railroad Administration, NTSB, Norfolk Southern, Railway, of Locomotive Engineers, Trainmen, Association of American Railroads, CNBC, CSX, Union Pacific, AAR, ARA, Transportation Department Locations: States, United States, Palestine , Ohio, East Palestine , Ohio, U.S, East Palestine, Norfolk, Palestine, Ohio, Washington

CNN —A mayoral candidate has been assassinated and three others injured in a shooting in the Mexican city of Celaya, in the latest violence to mar the run-up to the country’s looming general election. Gaytán’s death is the latest in a spate of killings that have taken place in the run-up to Mexico’s general election, which is expected to be held on June 2. Bertha Gisela Gaytán From Bertha Gisela GaytánGaytán had been campaigning for Morena, the party of Mexican President Andrés Manuel López Obrador. Criminal gangs are known to finance campaigns during election season, intimidating candidates and violently intervening to compel politicians to cooperate with them, according to a report from Integralia Consultants. Shortly before Monday’s attack, Gaytán had told a political rally that she had requested security.

Persons: CNN —, Bertha Gisela Gaytán, San Miguel Octopan, Adrián Guerrero, Guerrero, Bertha Gisela Gaytán Gaytán, Morena, Andrés Manuel López Obrador, Lopez Obrador, ” Morena, ”, Gaytán, ” Gaytán, Diego Sinhue Rodríguez Vallejo Organizations: CNN, Celaya, Federal Public Security, Authorities, Integralia Consultants Locations: Mexican, Celaya, San Miguel, Guanajuato, Celaya’s, Mexico’s, Mexico

☆ Railroad CSX adding new freight route on Tuesday to avoid Port of Baltimore after bridge collapse
▼ + stars: | 2024-04-01 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +2 min

Baltimore-bound rail freight which was diverted to the Port of New York and New Jersey will use this new CSX service, the freight railroad tells CNBC. Freight destined for the Port of Baltimore as exports will also use this new service to get to the Port of New York. The amount of freight being moved on the new line is not being disclosed for now, a CSX spokeswoman said. The railroad explained in an email to CNBC that strategic partnerships with steamship lines allow it to transport freight between New York and Baltimore, using its established international sales network. "While the timeline for resuming freight operations at the Port of Baltimore remains uncertain, we are in constant communication with our customers, providing timely updates on the status of their shipments.

Persons: Francis Scott Key, Dali, Aaron Roth Organizations: CSX, CNBC, Freight, Port, MSC, Baltimore, Coast Guard, Chertoff Group Locations: Baltimore, New York, Port of Baltimore, of New York, New Jersey

☆ Travel news: Why does the US drive on the right and the UK on the left?
▼ + stars: | 2024-03-30 | by ( Maureen O'Hare | ) edition.cnn.com time to read: +4 min

Editor’s Note: Sign up for Unlocking the World, CNN Travel’s weekly newsletter. You’re probably aware that around 30% of the world’s countries drive on the left while 70% drive on the right. In Europe, Napoleon Bonaparte had a big hand in it, while in the United States, we need to go back to the time of wagon trains. In the United States, at least, an obscure tax rule helps explain why. Our partners at CNN Underscored, a product reviews and recommendations guide owned by CNN, have selected 22 must-haves for luxurious train travel in 2024.

Persons: Napoleon Bonaparte, it’s, There’s, you’re Organizations: CNN, Tourism, Engineering Locations: Europe, United States, London, Asia, Singapore, Tokyo, Japan, Africa, Rail, China, British, Australia, Philippines, Chocolate, CNN Italy, Bologna, Pisa . Spain

☆ Investor Tribeca presents Glencore with ideas to raise shareholder value – How it may unfold
▼ + stars: | 2024-03-30 | by ( Kenneth Squire | ) www.cnbc.com time to read: +10 min

Tribeca has been a shareholder of Glencore for seven years and has been engaging with management for a year. The company has excellent core asset quality in copper, zinc and coal, as well as a world-leading commodity trading business. Notably, Bluebell Capital Partners agitated for a demerger of Glencore's thermal coal business in 2021. However, in 2023, after acquiring a 77% interest in Teck's steelmaking coal business, Glencore stated its intention to demerge its combined coal and carbon steel businesses. The same can be said for the divestment of the trading business.

Persons: Glencore, David Aylward, Gary Nagle, astutely, Berkshire Hathaway, Ivan Glasenberg, Ken Squire Organizations: Glencore, Tribeca Investment Partners, Tribeca, Financial Times, Australian Securities Exchange, London Stock Exchange, BHP, Rio Tinto, Bluebell Capital Partners, LSE, Rio, NYSE, 13D Locations: Switzerland, Australia, Africa, South America, Sydney, Melbourne, Singapore, London, Tribeca, Glencore, Swiss, Rio, Europe, cyclicality, Berkshire

☆ I moved to an Arizona oasis that banned cars. It's as dreamy as I expected, but it can be a struggle to venture outside it.
▼ + stars: | 2024-03-30 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +8 min

John-Robert Rodríguez moved to Culdesac, a car-free community in Arizona, in October 2023. AdvertisementThis as-told-to essay is based on a conversation with John-Robert Rodríguez, 24, a teacher in Tempe, Arizona, who lives in the car-free community Culdesac. Of course, it's different because now I'm car-free, but I imagine growing up in Tempe or in the Phoenix area, having the light rail and having buses is an option for you. I'm going to be completely car-free. AdvertisementEven the phrase "car-free" implies that cars are the default, and it's a dependency that we have.

Persons: John, Robert Rodríguez, He's, —, Rodríguez, he's, It's, Culdesac, I've, We're, I'm Organizations: Service, Culdesac, Texas, Arizona State University, . Locations: Culdesac, Arizona, Tempe , Arizona, Pflugerville , Texas, Florida, Texas, South Florida, Tempe, Phoenix, Venice, Florence, South Tempe

☆ Japan’s Indy 200: Remembering the first time IndyCars raced at Fuji Speedway
▼ + stars: | 2024-03-28 | by ( Emiko Jozuka For Cnn | ) edition.cnn.com time to read: +10 min

She is the daughter of the Japanese photographer Joe Honda. Joe Honda ArchiveCommercial opportunityIn the 1960s, Japan was emerging as an advanced and high-tech nation following its defeat in WWII. “The groundwork for the Indy 200 was already laid by then, and the Japanese were ready and willing to pay for racing,” he said. Rare intimacyFive months before the Indy 200, Clark had been invited to test-drive the Fuji road course. Joe Honda ArchiveCultural shiftsIn 1966, no Japanese drivers or cars participated in the exhibition Indy 200 race.

Persons: Joe Honda, Japan CNN —, Jim Clark, Honda, Jackie Stewart, Chris Amon, Akira Jin –, –, Shingo Shiozawa, Riki Ohkubo, ”, —, ” Jackie Stewart, Nissan Sunny, Jack K, Yamaguchi, Jin –, Japan –, Shiozawa, Jack Brabham, Clark, Graham Hill, Ohkubo, Honda’s, Colin Chapman, “, ‘, ’ ”, Donald Capps Organizations: CNN, Japan CNN, Jim Clark Motorsport Museum, Indianapolis, IndyCar, Fuji International, Honda, Boys, Indy, Fuji, Japan, Nissan, Prix, Suzuka, Formula, Fuji International Speedway, Bolshoi Ballet, Leningrad Philharmonic, United States Auto, Triple Crown, Motorsport, Monaco, Nippon Auto Club, Speedway, Automotive Society of Historians Locations: Tokyo, Japan, Fuji, Scotland, New Zealand, American, Asia, America, Mie, Indianapolis

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