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☆ US manufacturing sector eyes recovery; construction spending solid
▼ + stars: | 2023-10-02 | by ( Lucia Mutikani | ) www.reuters.com time to read: +6 min

A separate report from the Commerce Department showed construction spending increased 0.5% in August after rising 0.9% in July, lifted by outlays on single- and multi-family housing. Spending on private construction projects rose 0.5%, with investment in residential construction advancing 0.6% after increasing 1.6% in the prior month. The construction spending report showed outlays on multi-family housing projects rose 0.6% in August. Spending on new single-family construction projects rose 1.7%. Spending on manufacturing construction projects shot up 1.2%.

Persons: Kamil Krzaczynski, Paul Ashworth, outlays, Freddie Mac, Biden, Lucia Mutikani, Andrea Ricci Organizations: REUTERS, Institute for Supply Management, PMI, North America Economist, Capital Economics, Reuters, United Auto Workers, Treasury, Commerce Department, Thomson Locations: Normal , Illinois, U.S, WASHINGTON, Toronto, Panama, China, United States, State

SAO PAULO (AP) — More than 100 dolphins have died in the Brazilian Amazon rainforest in the past week as the region grapples with a severe drought, and many more could die soon if water temperatures remain high, experts say. Experts believe high water temperatures are the most likely cause of the deaths in the lakes in the region. Temperatures since last week have exceeded 39 degrees Celsius (102 degrees Fahrenheit) in the Tefe Lake region. There had been some 1,400 river dolphins in Tefe Lake, said Miriam Marmontel, a researcher from the Mamiraua Institute. Fleischmann said water temperatures rose from 32 C (89 F) on Friday to almost 38 C (100 F) on Sunday.

Persons: Chico Mendes, Miriam Marmontel, ”, Wilson Lima, Marreira, Ayan Fleischmann, Fleischmann Organizations: SAO PAULO, Mamiraua Institute, Brazil’s Ministry of Science, Technology, Innovation, Chico, Chico Mendes Institute for Biodiversity Conservation, Workers, Amazonas Gov, Mamirauá Institute Locations: Tefe, Tefe Lake, Amazonas

☆ A government shutdown was averted -- for now. Here's what happens next
▼ + stars: | 2023-10-01 | by ( Kaanita Iyer | ) edition.cnn.com time to read: +4 min

Lawmakers must pass another spending bill before then to avoid a shutdown. They must now pass another spending bill before they head home for Thanksgiving. They have over a month to reach an agreement on which provisions to include in a long-term spending bill. Border security and Ukraine aid were the two sticking points delaying an agreement and nearly leading to a government shutdown. Bipartisan members of Senate leadership issued a statement late Saturday, committing to vote on further funding for Ukraine aid “in the coming weeks.”

Persons: Kevin McCarthy, Joe Biden, –, McCarthy, Volodymyr Zelensky, Biden, ” Organizations: CNN, Democratic, Transportation Security Administration, Federal Aviation Administration, Republicans, Congress, Ukraine, US State Department Office, House, Capitol, Republican Party, GOP, “ Locations: Ukraine

☆ US Army engineers are dredging the dwindling Mississippi River 24/7 and battling seawater creeping upstream toward New Orleans' drinking water
▼ + stars: | 2023-09-30 | by ( Maiya Focht | Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +7 min

This threatens both the country's international supply chain and national drinking water access. AdvertisementAdvertisementA long stretch of drought in the Midwest has caused the Mississippi River to drop to abnormally low levels. Kevin Dietsch/Staff/Getty ImagesProblem two: Louisiana's drinking water is at stakeAn estimated 18 million people get their drinking water from the Mississippi. For example, it's contaminated the drinking water of roughly 23,515 residents in Plaquemines Parish where residents are advised to only drink bottled water. These aren't permanent solutions, but they buy local communities precious time to prepare to find alternate drinking water sources, Roe added.

Persons: Mother Nature, —, Colin Wellenkamp, Lou Dell'Orco, Louis District, Dell'Orco, they're, John Bel Edwards, Joe Biden, Kevin Dietsch, Biden, Edwards, Matthew Roe, it's, Sills, Roe, she's Organizations: Service, America, Getty, Towns Initiative, Associated Press, Shipping, AP, St . Louis District US Army Corps of Engineers, USACE, US Army Corps of Engineers, Louis, Louisiana's, Louisiana Gov, New Locations: Mississippi, Midwest, Louisiana, Cities, St.Louis, St, Louis, Gulf of Mexico, Plaquemines Parish, New Orleans

☆ JetBlue files complaint in US against Schiphol flight curbs
▼ + stars: | 2023-09-29 | by ( ) www.reuters.com time to read: +2 min

JetBlue Airbus A321LR is displayed at the 54th International Paris Air Show at Le Bourget Airport near Paris, France, June 20, 2023. "In so doing, the Dutch government stands in flagrant violation of the U.S.-EU Air Transport Agreement," JetBlue said in its complaint. The move essentially closed Schiphol to new entrants, JetBlue said. New entrants such as JetBlue are facing a completely closed market and 100% expulsion from the market," the company said. Airlines that use Schiphol including Air France-KLM (AIRF.PA) have sued to try to prevent the cap at one of Europe's busiest airports.

Persons: Benoit Tessier, Bart Meijer, Charlotte Van Campenhout, Mark Potter, Elaine Hardcastle Organizations: JetBlue Airbus, International Paris Air, Le, REUTERS, Rights, U.S, JetBlue Airways, European Union, U.S . Department of Transportation, Schipol, KLM, EU Air, JetBlue, historics, Airlines, Air France, Thomson Locations: Le Bourget, Paris, France, Netherlands, U.S, Schiphol, Amsterdam

☆ We moved from California to Texas with our 5-month-old baby before even visiting the state. Now, if our car has issues, we can actually afford to fix it.
▼ + stars: | 2023-09-29 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +7 min

Eddie Casillas and Brittany Casillas-Ta moved from Sacramento, California to Tyler, Texas in January. The family has since moved to Houston, which they said fulfills their desire to be in a big city. Eddie: When I moved to Sacramento, I moved in with my wife. We initially moved to Tyler, Texas. AdvertisementAdvertisementWhen our car got broken into in California, it was really expensive and hard to financially recover.

Persons: Eddie Casillas, Brittany Casillas, Ta, —, Eddie, We've, Tyler, We're, Houston, It's, They're, didn't, we've, I've Organizations: Service, Sacramento ., Department of Transportation, Disney, Toyota Locations: Sacramento , California, Tyler , Texas, Houston, Texas, Sacramento, Marysville, It's, Brittany, California, Arizona, Florida, Tyler, In California, Vegas

☆ A big EV purchase decision that's not about the car model you buy
▼ + stars: | 2023-09-29 | by ( Cheryl Winokur Munk | ) www.cnbc.com time to read: +3 min

As all-electric vehicles become more popular and incentives for renewable energy proliferate, many early EV adopters may be reconsidering their home charging needs. The decision to upgrade from a standard Level 1 charger to a Level 2 charger at home is on many owners' minds. It can be an important decision given that about 80% of all charging takes place at home, according to Department of Energy estimates. You might not need Level 2 charging capabilities at home, however, since they can often be found at retail establishments, workplaces, restaurants and grocery stores. Another option is a Level 2 at-home charging station that's permanently mounted, which can allow users to customize charging schedules to better control charging.

Persons: Brian Wilkerson, I'm, Mark Barrott, Plante Moran Organizations: of Energy, Ford Pro, Ford Motor Company, EV, of Transportation

☆ Trump is attacking electric vehicles. Automakers already bet their future on them
▼ + stars: | 2023-09-28 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +8 min

Legacy automakers are pivoting to electric vehicles in response to expected strong consumer demand, tougher environmental regulations both from US states and foreign countries, and a push from Wall Street. Electric vehicles have outpaced growth of traditional internal combustion engine (ICE) cars in recent years. But automakers bucked Trump and agreed to meet tougher standards set by California rather than the Trump administration’s rules. At a Detroit battery plant Wednesday, Trump said America didn’t need what the factory produced“This plant, we just walked through this plant and the electric vehicles are gonna put [automakers] out of business,” Trump said. Trump’s proposals could undermine US companies’ EV investments and hand over control of an increasingly EV future to foreign manufacturers.

Persons: Donald Trump, Donald Trump’s, “ don’t, Trump, ’, ”, Barry Rabe, EVs, Brian Kemp, Ford, Rabe, Biden’s, Tesla, Jon McNeill, McNeill, ” McNeill, EVs Trump, bucked Trump, ” Trump, “, Biden, Rishi Sunak, Lisa Brankin Organizations: New, New York CNN, Detroit, Cox Automotive, Biden, Environmental Protection Agency, University of Michigan, Hyundai, Kia, EV upstarts, Republican Gov, Environmental Defense Fund, Nissan, Mercedes, Benz, Wall, Investors, ICE, General Motors, GM, Biden’s EV, Legacy, DVx Ventures, Tesla, Obama, Trump, America, ” Ford, Fiat, Peugeot Locations: New York, Georgia, South Carolina, Alabama, United States, California, Detroit, Michigan, China

☆ I looked at the plans for the new city proposed by Silicon Valley elites. They're really terrible.
▼ + stars: | 2023-09-28 | by ( Adam Rogers | ) www.businessinsider.com time to read: +17 min

Right now, California Forever is just a website with some ideology and a handful of hopeful sketches with a faintly socialist-utopian flair. AdvertisementAdvertisementCities of the future of the pastThe California Forever art illustrations show at a place that'll look startlingly familiar. Point is, the garden city remains a dream honored more in the breach — in pitches like the one for California Forever. Just about 60 miles southeast of the California Forever site is a residential development called Mountain House. It's what plans like California Forever look like when brick starts getting laid.

Persons: Daniel Burnham, Burnham, Marc Andreessen, Chris Dixon, Michael Moritz, Laurene Powell Jobs, Collison, Flannery, Peter Thiel, Goldman, Jan Sramek, Sramek, Ebenezer Howard, Howard, What's, Foreverville, That's, it's, Banks, John Nash's London, what's, It's, Walt Disney, Gabriel Metcalf, BH Bronson Johnson, Dan Parolek, Adam Rogers Organizations: Travis Air Force Base, New York Times, Flannery Associates, Industry, Truman, California, Western Railway, California Forever, St, BH Locations: Chicago, California, Solano County, Sacramento, Solano, Silicon, Los Angeles, England, Japan, New York, Philadelphia, Seaside , Florida, Pontevedra, Spain, Paris, Tempe, doesn't, Foreverville, Pirates, Caribbean, Toronto, Culdesac

☆ A government shutdown could make air travel even worse
▼ + stars: | 2023-09-27 | by ( Juliana Kaplan | ) www.businessinsider.com time to read: +5 min

Secretary of Transportation Pete Buttigieg warns that might make air travel worse. The impacts on air travel will be immediate, Secretary of Transportation Pete Buttigieg told Insider. AdvertisementAdvertisementImportantly, a shutdown could also jeopardize a crucial piece of ensuring flight safety and timeliness — enough air traffic controllers . The DOT has been making strides in curbing travel nightmares: Throughout 2023, air travel cancellations have stayed below 2%, according to the Air Travel Consumer Report — a far cry from the 2.7% cancellation rate in 2022. AdvertisementAdvertisementEven without a shutdown, Republicans' proposals to keep the government funded while enacting widespread cuts could jeopardize travel, according to Buttigieg.

Persons: Transportation Pete Buttigieg, —, they're, Buttigieg Organizations: Transportation, Service, TSA, Air, Department of Transportation, Republican, Democratic, Independent, Republicans, Federal Aviation Administration, FAA, American

☆ Vehicle-related deaths are rising even though cars are built safer than ever. The popularity of larger vehicles may be to blame.
▼ + stars: | 2023-09-26 | by ( Associated Press | ) www.businessinsider.com time to read: +9 min

Vehicles are built to be safer than ever before, but pedestrian and cyclist deaths are rising. A rise in the popularity of larger vehicles, like vans and trucks, may be a factor in this increase. Ronald E. VanHoose/Associated PressRoadway deaths in the U.S. are mounting despite government test data showing vehicles have been getting safer. Fatal crashes also increased as a percent of total miles driven. AP Photo/Mark SchiefelbeinHart is now an advocate with the Washington chapter of Families for Safe Streets, a nonprofit working to end fatal crashes.

Persons: —, Alyssa Milligan, Alyssa, Ronald E, Jessica Cicchino, they're, Cicchino, Todd Hill, Transportation's Volpe, Billy Richling, Jessica Hart, Allie, Allie Hart, Mark Schiefelbein, Hart, didn't, Mark Schiefelbein John Capp, we're, Mark Schiefelbein Hart, I've Organizations: Service, Nashville —, Associated, National Association of City Transportation, Insurance Institute for Highway, Subaru, Consumer, U.S . Department, Transportation's, Transportation's Volpe Center, Volpe Center, Silverado, U.S, Traffic Safety Administration, NHTSA, National Association of City Transportation Officials, D.C, AP, Ford Transit, General Motors, GM Locations: Tennessee, Nashville, U.S, Washington

Roadway deaths in the U.S. are mounting despite government test data showing vehicles have been getting safer. Subaru, which has performed well in IIHS pedestrian crash avoidance tests, considers visibility its first line of safety, according to spokesperson Todd Hill. Thanks to vehicle improvements, seatbelt laws and other changes, fatal crashes in the U.S. trended downward for decades, hitting a low of 29,867 in 2011. Government estimates of fatal crashes in 2022 show a 43% increase to 42,795 — partially thanks to increases in speeding and drunk driving and decreases in seatbelt use. Fatal crashes also increased as a percent of total miles driven.

Persons: — Alyssa Milligan, Alyssa, ”, Jessica Cicchino, they’re, ” Cicchino, Todd Hill, Transportation’s Volpe, Billy Richling, Jessica Hart, Allie, ” Hart, “, didn’t, ” John Capp, we’re, I’ve, — Organizations: Nashville —, National Association of City Transportation, Insurance Institute for Highway Safety, Insurance Institute for Highway, Subaru, Consumer, U.S . Department, Transportation’s, Transportation’s Volpe Center, Volpe Center, Silverado, U.S, Traffic Safety Administration, NHTSA, National Association of City Transportation Officials, D.C, Ford Transit, General Motors, GM Locations: Tenn, Tennessee, Nashville, U.S, Washington

☆ A class-action lawsuit aims to force United Airlines to reimburse the baggage fees for the luggage they lose
▼ + stars: | 2023-09-23 | by ( Katie Balevic | ) www.businessinsider.com time to read: +3 min

A man filed a class-action lawsuit against United Airlines after the company lost his luggage. Jack Lipeles alleged in the suit that United falsely told him his luggage was stolen. When Lipeles arrived in Los Angeles, "he went to pick up his luggage, but was unable to find his bag. United informed Plaintiff that his luggage was stolen and that he should speak to the police to report the stolen luggage," the federal lawsuit, filed in California in late August, said. Reached for comment, a spokesperson for United declined to comment on the suit, calling it an "ongoing legal matter."

Persons: Jack Lipeles, Lipeles, Plaintiff Organizations: United Airlines, Service, United, Department of Transportation, Airlines Locations: Wall, Silicon, Las Vegas , Nevada, Los Angeles , California, Los Angeles, California

Signage is seen on a United Parcel Service (UPS) vehicle at a facility in Brooklyn, New York City, U.S., May 9, 2022. Equal Employment Opportunity Commission (EEOC) on Friday said it sued United Parcel Service (UPS.N) for disability discrimination, alleging the delivery firm refused to hire deaf or hearing-impaired individuals as drivers. Atlanta-based UPS said it is modifying driver training for those who are deaf and hard of hearing and would start accepting exemptions to the DOT commercial driver hearing standard for operators of its ubiquitous brown delivery trucks in January 2024. EEOC said it sued the world's largest parcel delivery firm under the Americans with Disabilities Act (ADA) after failing to reach a pre-litigation settlement. "Just because someone is deaf does not mean they cannot drive safely," said Gregory Gochanour, EEOC's regional attorney in Chicago.

Persons: Andrew Kelly, EEOC, Gregory Gochanour, Kannaki, Lisa Baertlein, Shounak Dasgupta, Chris Reese Organizations: United Parcel Service, REUTERS, Opportunity Commission, Department of Transportation, UPS, Disabilities, Northern, Northern District of Illinois, Thomson Locations: Brooklyn , New York City, U.S, Atlanta, Chicago, Northern District, Bengaluru, Los Angeles

☆ 'I don't want to die:' How 14 youth advocates in Hawaii are fighting climate change by taking the state to court
▼ + stars: | 2023-09-22 | by ( Yoonji Han | ) www.businessinsider.com time to read: +8 min

Hawaiian youth advocates sued the state's transportation department over greenhouse-gas emissions. Amid the escalating climate crisis, Nishida and 13 other Hawaiian youth advocates sued the Hawaii Department of Transportation in 2022 over transportation-related greenhouse-gas emissions. The lawsuit, Navahine F. v. Hawaii Department of Transportation, is scheduled to go to trial next summer. Transportation emissions made up the largest share of energy-sector emissions in Hawaii in 2017, according to a 2021 report by the Hawaii Department of Health. Youth plaintiffs gather before the start of the Navahine F. v. the Hawaii Department of Transportation hearing at the First Circuit Environmental Court in Honolulu on January 26.

Persons: Taliya Nishida, Nishida, Navahine, Andrea Rodgers, Rodgers, KawahineʻIlikea, Taliya, Mesina, Kalā, Rylee, Elyse Butler Organizations: Service, Hawaii Department of Transportation, . Hawaii Department of Transportation, Transportation, Hawaii Department of Health, Trust, cocounsel, Court, Department of Transportation Locations: Hawaii, Maui, Montana, Honolulu, Waimea, United States

☆ A 19-year-old died after a concrete mixer he was inside cleaning was accidentally started up. His employers could have prevented his death, the Labor Department says.
▼ + stars: | 2023-09-21 | by ( Grace Dean | ) www.businessinsider.com time to read: +2 min

A 19-year-old worker suffered "fatal injuries" after cleaning out a concrete mixer, the Department of Labor says. The machine restarted while he was inside, the DOL said. The DOL called his death a "preventable tragedy" and proposed penalties totalling $245,546. "As one of the workers left the mixer, the machine restarted with the other inside," causing him to suffer "fatal injuries," the DOL said. He called the worker's death a "preventable tragedy."

Persons: DOL, Jose A, Gonzalez Organizations: Department of Labor, Service, Foley Products Company, Safety, Health Administration, Transportation, City of Locations: Wall, Silicon, Cantonment, Florida, Georgia, Mobile , Alabama, Alabama, North Carolina, South Carolina, Tennessee, City of Atlanta

☆ US Republicans push for security review of China-linked battery company
▼ + stars: | 2023-09-20 | by ( ) www.reuters.com time to read: +3 min

REUTERS/Amanda Andrade Rhoades/File Photo Acquire Licensing RightsWASHINGTON, Sept 20 (Reuters) - Republican lawmakers on Wednesday urged the U.S. Treasury Department to conduct a security review over China-linked ownership of Gotion Inc, which plans to build electric vehicle battery plants in Michigan and Illinois, arguing its management is under Beijing's sway. The move is the latest push by Republicans to question Chinese-linked EV battery producers looking to set up shop in the U.S., possibly with access to taxpayer funding. The governors of Michigan and Illinois have announced plans for Gotion to open EV plants in their states, facilities expected to create thousands of jobs. Those include the company's founder Li Zhen and his son whom, they said, were members of CCP organizations. The Treasury Department, Gotion and Gotion High-Tech did not respond immediately to requests for comment.

Persons: Marco Rubio, Amanda Andrade Rhoades, Janet Yellen, Li Zhen, Joe Biden, Tesla, Ford, Michael Martina, Timothy Gardner Organizations: Capitol, REUTERS, Rights, Republican, Wednesday, U.S . Treasury Department, Gotion Inc, Foreign Investment, China's Communist Party, Germany's Volkswagen AG, Gotion, Tech, CCP, Treasury Department, Republicans, CATL, Thomson Locations: Ukraine, Washington , U.S, China, Michigan, Illinois, U.S, United States

The Romanian government has said it aims to double the monthly transit capacity for Ukrainian grain through its Constanta port to four million metric tons in the coming months from virtually zero before the Russian war started. In August, roughly 2.7 million tons of Ukrainian grain passed through Constanta, Comvex manager Viorel Panait said in an interview with Reuters. Port operator SOCEP S.A. (SOCP.BX) said it had paid 10 million euros for new equipment at its grain terminal silo and ship loader. "I would say more than half of the port's 13 grain operators are already authorized or in the process of being so." A government source told Reuters Constanta now had a logistics capacity of 40 million tons of grains per year, sharply higher than its annual record high 25 million tons set in 2021.

Persons: George Calin, Viorel Panait, Panait, Gabriel Techera, Luiza Ilie, Sharon Singleton Organizations: REUTERS, Rights, Reuters, Union, NATO, Moldovan, Decirom S.A, SOCEP S.A, Constanta Port Business Association, Thomson Locations: Constanta, Romania, Rights BUCHAREST, Romanian, Black, Ukraine, Moscow, Ukraine's, Russia, Ukrainian, Vadul Siret, Dornesti, Reuters Constanta

☆ AI-Driven Cataclysm Could Rock the Job Market: Top Economist
▼ + stars: | 2023-09-18 | by ( Aki Ito | ) www.businessinsider.com time to read: +33 min

Over the course of three conversations this summer, Acemoglu told me he's worried we're currently hurtling down a road that will end in catastrophe. "There's a fair likelihood that if we don't do a course correction, we're going to have a truly two-tier system," Acemoglu told me. "I was following the canon of economic models, and in all of these models, technological change is the main mover of GDP per capita and wages," Acemoglu told me. In later empirical work, Acemoglu and Restrepo showed that that was exactly what had happened. "I realize this is a very, very tall order," Acemoglu told me.

Persons: who's, Katya Klinova, Daron Acemoglu, Simon Johnson, Acemoglu, Johnson, we've, he's, we're, Power, James Robinson, —, Robinson, David Autor, Pascual Restrepo, Restrepo, John Maynard Keynes, Simon Simard, Lord Byron, Eric Van Den Brulle, hasn't, it's, Gita Gopinath, Paul Romer, Romer, What's, Daron, GPT, Asu Ozdaglar, It's, Mark Madeo, Tattong, Erik Brynjolfsson, Brynjolfsson, There's, Yoshua Bengio, Yuval Noah Harari, Andrew Yang, Elon Musk, I've, That's, Aki Ito Organizations: Getty, MIT, of Technology, Hulton, London School of Economics, Stagecoach, Technology, —, International Monetary Fund, Microsoft, Asu, Companies, Computer, Greenpeace, Communications, Big Tech, Workers Locations: Silicon Valley, America, Boston, Istanbul, Turkey, Acemoglu, England, United States, Britain, Australia

The Parliament said that sustainable fuels will include “synthetic fuels, certain biofuels produced from agricultural or forestry residues, algae, bio-waste, used cooking oil or certain animal fats." However, stocks of sustainable aviation fuel remain low. The EU Aviation Safety Agency says supply accounts for less than 0.05% of total EU aviation fuel use. On Sept. 5, the head of the German airline Lufthansa warned automakers to keep their hands off synthetic aviation fuels. Carsten Spohr said sustainable fuels represented the only workable way to decarbonize aviation, and there wouldn't be enough for the car industry as well.

Persons: Carsten Spohr Organizations: European Commission, EU, EU Aviation Safety Agency, Aviation, German, Lufthansa Locations: BRUSSELS, Strasbourg, France

☆ Oil investors open to dividend cut to boost clean energy spending -Deloitte
▼ + stars: | 2023-09-12 | by ( Sabrina Valle | Thomson Reuters | U.S. Energy Correspondent Focused In Covering Global Operations Of Oil Majors Out Of Houston. | ) www.reuters.com time to read: +3 min

Energy firms have sharply increased shareholder returns on the back of high energy prices after years of overspending on production growth. Oil and gas companies led all industries in cash distribution to shareholders in 2022, with a combined 8% dividend and buyback yield, Deloitte said. But investors holding $2.3 trillion of equity in the global oil and gas industry are changing their expectations about growth markets faster than energy company executives, Deloitte said. About 75% of surveyed investors stated that they would continue holding shares to accelerate investments in lower-carbon technologies, even if yields shrank to as little as 3%. About 43% of surveyed investors emphasized battery storage as their key area for investment.

Persons: Chen Aizhu, Kate Hardin, Hardin, Sabrina Valle, Jamie Freed Organizations: China National Petroleum Corporation, Dalian Petrochemical Corp, REUTERS, Deloitte, . Energy, Oil, Exxon Mobil, Chevron, BP, Shell, Thomson Locations: China, Dalian, Liaoning province, HOUSTON

☆ Elon Musk's 700 mph hyperloop tech hasn't become reality. But companies aren't giving up
▼ + stars: | 2023-09-12 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +2 min

The Hyperloop test track tube with its transport cabin is open for viewing before the opening begins. MUNICH — Hyperloop, a mega-fast transportation system dreamed up in 2013 by Tesla and SpaceX founder Elon Musk, was supposed to be a reality by now. There has been so much hype, with several firms years ago saying that we would have a mass-scale hyperloop system by now. By the end of the next decade, hyperloop technology will have longer tracks built through continents, Semino said. Hyperloop Transportation Technologies (HTT) and Elon Musk's Boring Company are also exploring the technology.

Persons: Elon Musk, I've, Gabriele Semino, Hyperloop, Semino, Elon Organizations: Technical University of Munich, Tesla, SpaceX, CNBC, IAA, Hyperloop Transportation Technologies, Elon Musk's Boring Locations: Europe, TUM, MUNICH, Munich

☆ Explainer-Inside North Korean Leader Kim Jong Un's Armoured Train
▼ + stars: | 2023-09-12 | by ( Sept. | At A.M. | ) www.usnews.com time to read: +3 min

It is unclear how many trains North Korean leaders have used over the years, but Ahn Byung-min, a South Korean expert on North Korean transportation, said multiple trains were needed for security reasons. "Even if it is slow, train is safer and more comfortable than anything else for a North Korean leader," Ahn said. In the 2002 book "Orient Express", Russian official Konstantin Pulikovsky described a three-week journey to Moscow by Kim Jong Il, Kim Jong Un's father and predecessor. The wheels of Kim Jong Un's train must be changed in Russia or a North Korean station bordering Russia, because the two countries use different rail gauges, Ahn said. The train was "a sweet home and an office," for Kim Jong Il, state television has said.

Persons: Kim Jong, Kim, Putin, Ahn Byung, Ahn, " Ahn, Konstantin Pulikovsky, Kim Jong Il, Georgy Toloraya, Toloraya, Kim Il Sung, Kim's, Kim family's, Josh Smith, Gerry Doyle Organizations: North, NK News, WHO, THE Locations: SEOUL, Russia, China, Vietnam, Korean, North Korean, Moscow, Bordeaux, Beaujolais, Paris, Russian, North Korea, Koreans

☆ Inside North Korean leader Kim Jong Un's armoured train
▼ + stars: | 2023-09-12 | by ( Ju-Min Park | ) www.reuters.com time to read: +4 min

North Korean leader Kim Jong Un waves from a private train as he departs Pyongyang, North Korea, to visit Russia, September 10, 2023, in this image released by North Korea's Korean Central News Agency on September 12, 2023. It is unclear how many trains North Korean leaders have used over the years, but Ahn Byung-min, a South Korean expert on North Korean transportation, said multiple trains were needed for security reasons. "Even if it is slow, train is safer and more comfortable than anything else for a North Korean leader," Ahn said. In the 2002 book "Orient Express", Russian official Konstantin Pulikovsky described a three-week journey to Moscow by Kim Jong Il, Kim Jong Un's father and predecessor. The wheels of Kim Jong Un's train must be changed in Russia or a North Korean station bordering Russia, because the two countries use different rail gauges, Ahn said.

Persons: Kim Jong, Kim, Putin, Ahn Byung, Ahn, " Ahn, Konstantin Pulikovsky, Kim Jong Il, Georgy Toloraya, Toloraya, Kim Il Sung, Kim's, Kim family's, Josh Smith, Gerry Doyle Organizations: North, Korean Central News Agency, KCNA, REUTERS Acquire, Rights, NK News, WHO, THE, Thomson Locations: Pyongyang, North Korea, Russia, Rights SEOUL, China, Vietnam, Korean, North Korean, Moscow, Bordeaux, Beaujolais, Paris, Russian, Koreans

☆ How electrified roads could help fix America's electric vehicle charging problem
▼ + stars: | 2023-09-11 | by ( Liam Mays | ) www.cnbc.com time to read: +1 min

Electric vehicles are taking up an increasing percentage of the overall auto market share every year — rising from 4% in 2020 to 14% last year. Among the holdouts, a lack of charging infrastructure seems to be one of consumers' most common reasons for not switching from gas to electric vehicles. But now, electric road projects are appearing across the world as a potential solution to supplement static charging, allowing EV drivers to wirelessly charge their cars while they drive. Israel-based Electreon is one wireless EV charging provider with many pilot projects and case studies in operation in Sweden, Norway and Italy, among others. Electreon is also taking part in the first electric road project in the U.S. in Detroit, which is expected to be constructed within the next year.

Persons: Stefan Tongur, Electreon, Michele Mueller Organizations: EV, CNBC, Swedish Transport Administration, Michigan Department of Transportation Locations: Electreon, Israel, Sweden, Norway, Italy, Visby, U.S, Detroit

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