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☆ Garisenda Tower: Italy races to stop leaning tower from collapsing
▼ + stars: | 2024-03-28 | by ( Sharon Braithwaite | ) edition.cnn.com time to read: +3 min

The 48-meter (158 feet) Garisenda tower was built in the 12th century, during a boom period of the northern city’s history, but two centuries later it had already begun to tilt. Today, it leans at an angle of four degrees, just a little more than the Pisa tower’s current 3.9-degree slant. A rendering showing how the equipment from the Tower of Pisa will be used on the Garisenda tower. Michele Lapini/Getty ImagesWhile less well known than its counterpart at Pisa, the Torre Garisenda has long been a tourist attraction in Bologna. Today the bell tower is a stable monument mainly thanks to those steel pylons which will hopefully give the Garisenda tower a second life.

Persons: CNN — It’s, Matteo Lepore, ” Lepore, Lepori, Michele Lapini, Torre Garisenda, Dante Aligher’s, Asinelli Organizations: CNN, Torre, Pisa tower’s, Bologna Bologna’s, “, UNESCO Locations: Bologna, Pisa, Garisenda

NTSB crews used the ship’s voyage data recorder, or VDR, to piece together a rough timeline of events leading up to the collision. But it will take months for them to gather the piles of physical evidence, maintenance records, ship data and witness interviews required to deliver a full report, Homendy said. • 01:24:59 a.m.: Numerous audible alarms were recorded on the ship’s bridge audio. • 01:26:39 a.m.: The ship’s pilot made a general very high frequency (VHF) radio call for tugboats in the vicinity to assist the vessel. • Around 01:27:04 a.m.: The pilot ordered that the ship’s port anchor be dropped and issued additional steering commands.

Persons: Baltimore’s Francis Scott Key, Jennifer Homendy, Marcel Muise, Investigators, Homendy, “, who’ve, ” Homendy, James Wallace, Peter Gautier, Divers, Roland L, Butler Jr, Pete Buttigieg, Alejandro Hernandez Fuentes, Dorlian Ronial Castillo Cabrera, Butler, ”, Miguel Luna, Maynor, Andrés Manuel López Obrador, CNN’s Tori B, Powell, Sarah Engel, Elise Hammond, Curt Devine, Casey Tolan, Isabelle Chapman, Daniel Medina, Sahar Akbarzai, Melissa Alonso, Hande Atay Alam, Lucas Lilieholm Organizations: CNN, Transportation, NTSB, Port, Fort McHenry, Maryland Transportation Authority, •, US Coast Guard, Maritime, Port Authority, Baltimore City Fire, Coast Guard, Ministry of Foreign Affairs Locations: Seagirt, Port of Boston, Maryland, Singapore, Baltimore, Patapsco, Mexico, Guatemala, Camotán, Mexican

☆ When Richard Serra’s Steel Curves Became a Memorial
▼ + stars: | 2024-03-28 | by ( Jason Farago | ) www.nytimes.com time to read: +1 min

After the yelling, the hearings, the lawsuit, the dismantlement, Richard Serra entered the last decade of the last century with his mind cast toward the classics. The American sculptor, who died Tuesday at 85, got caught up in the Reagan-era culture wars with “Tilted Arc,” a 120-foot plate of curved Cor-Ten steel that sliced across Manhattan’s Federal Plaza. The work was finally removed — in Serra’s estimation, destroyed — in March 1989. “The central space is simply a regular ellipse, and the walls that surround it are vertical,” he would later recall. “I walked in and thought: what if I turn this form on itself?”

Persons: Richard Serra, Reagan, Yorkers, Street, San Carlo alle Quattro, Francesco Borromini that’s, “ Organizations: San Carlo Locations: American, Italy, Rome, San

☆ 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

☆ A glut of cheap Chinese goods is flooding the world and stoking trade tensions
▼ + stars: | 2024-03-28 | by ( Hanna Ziady | Laura He | ) edition.cnn.com time to read: +8 min

The oversupply of Chinese goods in key industries is stoking tensions between the world’s biggest manufacturer and its major trading partners, including the United States and the European Union. From clothes to carsChina’s exports of low-priced goods got a boost after it joined the World Trade Organization (WTO) in 2001. “What China exports is advanced production capacity that meets the needs of foreign customers,” Xinhua News Agency wrote. US President Joe Biden recently pledged to investigate whether imports of Chinese vehicles pose a national security threat. “But perhaps more importantly, persistent oversupply and low prices of Chinese goods will add to geopolitical tensions and keep the threat of tariffs and counter-tariffs alive,” she wrote in a recent note.

Persons: Hong Kong CNN —, ” Jens Eskelund, Xi Jinping, Huang Jingwen, ” Eskelund, Brad W, ” Markus W, Voigt, China’s BYD, Warren Buffett, Setser, Li Qiang, “, ”, Joe Biden, Jennifer McKeown, Shawn Deng Organizations: Hong Kong CNN, European Union, European Union Chamber of Commerce, Zero, of, People, China’s National Bureau of Statistics, Council, Foreign Relations, World Trade Organization, Aream Group, Tesla, Getty, China Development Forum, Xinhua, Agency, ., EV, European Commission, WTO, Capital Economics Locations: Hong Kong, United States, China, Europe, Beijing, Xinhua, China's Shandong, . Washington, Brussels

☆ How Long Does New York Take to Fix a Staircase? 10 Years and Counting.
▼ + stars: | 2024-03-28 | by ( Jay Root | ) www.nytimes.com time to read: 1 min

Ten years ago, the agency overseeing the upkeep of the majestic New York State Capitol reported that the granite staircase leading to the main entrance was warped and bulging so badly that part of it might collapse at any moment. Inspectors discovered leaning balustrades, rusted steel supports, cracked and displaced granite, failed drainage systems and load-bearing brick walls so weakened by time and neglect that individual bricks could be removed by hand. A thorough repair, estimated at $17 million, was recommended. Instead, only a handful of urgent fixes were made. The entrance, known as the Eastern Approach, has been closed to this day, with access-blocking barricades now a familiar part of the downtown landscape.

Organizations: New York State Capitol

☆ Opinion: Why ‘black swans’ are behind the Key Bridge and other shipping disasters
▼ + stars: | 2024-03-28 | by ( Opinion Salvatore R. Mercogliano | ) edition.cnn.com time to read: +9 min

CNN —The allision between the container ship MV Dali and the Francis Scott Key Bridge in Baltimore on Tuesday has prompted numerous questions — not only about how this tragedy occurred, but also about our global shipping processes. This marked the start of a campaign by the Houthis, in support of Hamas in their attack on Israel, against global shipping transiting the Red Sea, Bab-el-Mandeb and the Gulf of Aden. Now, two years later, Baltimore is closed with remains of the Key Bridge athwart the main shipping channel. No one agency has oversight of or coordinates global shipping or ports in the US. There is also no overall maritime strategy for the nation, although the US Department of Transportation, Maritime Administration has been tasked to develop one.

Persons: Salvatore R, Mercogliano, Francis Scott Key, —, Sal Mercogliano Bennett Scarborough, Dali, ”, Jennifer Homendy, Transportation Pete Buttigieg, John Garamendi of, Dusty Johnson of Organizations: Campbell University, Shipping, YouTube, CNN, MV Galaxy Leader, Baltimore, Federal Highway Administration, Transportation, Bethlehem Steel, Department of Transportation, Maritime Administration, US Coast Guard, Army Corps of Engineers, Maryland Department of Transportation, US Department of Transportation, Federal Maritime Commission, Democratic, Republican, Dusty Johnson of South Dakota, Ocean Shipping Reform Locations: Baltimore, Asia, Suez, Los Angeles, Long, Yemen, Israel, Bab, Aden, China, Argentina, Largo, Dali, Sparrows, United States, John Garamendi of California, Dusty Johnson of South

“The tankers and cargo ships of 1950 aren’t the tankers and cargo ships of today,” said James Salmon, a spokesman for the Delaware River and Bay Authority. “It’s going to do a number on them,” he said of a modern ship and the hazard it poses to a bridge like the one in Baltimore. Image The new bridge ship collision protection system project on the Delaware Memorial Bridge will install eight stone-filled “dolphin” cylinders, each measuring 80 feet in diameter. Credit... Delaware River and Bay AuthorityThe situation with the Key Bridge is “unique,” said Jim Tymon, executive director of the American Association of State Highway and Transportation Officials, which represents state transportation departments. A protection system was subsequently built around the new pier.

Persons: ”, James Salmon, Francis Scott Key, Michael Rubino, don’t, Joseph Ahlstrom, It’s, “ It’s, Dali, hurtled, Jim Tymon, ” John Snyder, Pete Buttigieg, “, Paul, Gerald Desmond Bridge, Matt Gresham, Joong Kim, Michael Forsythe Organizations: Bay Authority, Port, SUNY Maritime College, New York State, American Association of State, Transportation, National Transportation Safety, Sunshine Skyway, Administration, Baltimore Sun, Union, National Oceanic, Atmospheric Administration, Liberty University Locations: Delaware, Bay, Baltimore, Port of Los Angeles, . Delaware, Maryland, Tampa Bay, Tampa, U.S, Minnesota, Union Pacific, St, New York, Bayonne, New Jersey, Staten Island, Long Beach, Calif, New Orleans, Mississippi, Port of New Orleans

☆ Bridge accidents: Three ships have hit bridges in Argentina, China and Baltimore in just three months
▼ + stars: | 2024-03-27 | by ( Jessie Yeung | ) edition.cnn.com time to read: +7 min

These events all happened within the first three months of this year – and all after collisions with large commercial ships. And a month earlier, a large cargo ship collided with the Zárate–Brazo Largo Bridges crossing the Prana River in Argentina, according to now-shuttered government-run news agency Télam – severely damaging the ship, though the bridge remained intact. By contrast, in the Baltimore example, the water channel and bridge are wide and tall enough to accommodate large vessels – and the cargo ship hit the bridge pier, not the bridge itself, Andrawes said. But even these measures can only do so much in the event of a large cargo ship collision, Mercogliano said, pointing to the Baltimore collapse. “And even when the ship hit those dolphins, the ship was so large it towered over them and actually struck the bridge itself.

Persons: Francis Scott Key, DALI, ”, Sal Mercogliano, Télam, Bassem, Andrawes, it’s, Mercogliano, Baltimore Steve Helber, there’s, Jerome Hajjar Organizations: Hong Kong CNN, University of Illinois, Sunshine Skyway, Coast Guard, Structural Engineering, American Society of Civil Engineers Locations: Hong Kong, Baltimore, China, Argentina, Patapsco, Guangzhou, –, Largo Bridges, Urbana, Champaign, Florida

The International Energy Agency, a Paris-based intergovernmental group, notes that in 2023 China accounted for around 60% of global electric car sales. Yellen's remarks are to be delivered Wednesday afternoon at Suniva — a solar cell manufacturing facility in Norcross, Ga. It is reopening, in part, because of incentives provided by the Democrats' Inflation Reduction Act, which provides tax incentives for green energy manufacturing. The European Union, also concerned about the potential threat to its auto industry, launched its own investigation into Chinese subsides for electric vehicles last year. “In the past, in industries like steel and aluminum, Chinese government support led to substantial overinvestment and excess capacity that Chinese firms looked to export abroad at depressed prices,” Yellen said.

Persons: Janet Yellen, China's, ” Yellen, ”, Xi Jinping, Xi Organizations: WASHINGTON, —, International Energy Agency, Treasury, Democrats, China, Trade Organization, U.S, Chinese Commerce Ministry, European Union, “, Communist Party Locations: China, Georgia, Paris, Norcross , Ga, U.S, Beijing

There are more heavily trafficked routes across the Baltimore Harbor than the Francis Scott Key Bridge. The Harbor Tunnel carries double the daily traffic of the Key Bridge and the Fort McHenry Tunnel much more than that. The six men who are missing were part of this tradition of working Baltimore: members of a construction crew, working overnight hours filling potholes on the bridge. One day in 1977, Mr. Metzger said, his father, a truck driver, was coming back home from his route and happened upon the bridge’s ribbon cutting. And the Key Bridge is gone.”

Persons: Francis Scott Key, “, ”, Kurt L, Mr, Schmoke, Rafael Alvarez, Dali, Jim Lo Scalzo, Curtis Bay, Alvarez, Baltimoreans, James Metzger, Metzger, Metzger’s Organizations: Fort, University of Baltimore, Chesapeake, Washington , D.C, Bethlehem Steel Plant, Amazon Locations: Baltimore, Fort McHenry, Baltimore’s, Maryland, Washington ,, New York City, Shutterstock

The steel frame of the Francis Scott Key Bridge sits on top of the container ship Dali after the bridge collapsed on Tuesday. After the 1980 collision, he argued, more substantial dolphins or a fendering system should have been added to the Key Bridge. “You knock out one of the support posts, the entire bridge collapses.”The Key Bridge is hardly unique among large bridges in its age. Some other bridges that cross major shipping routes are designed with more extensive protections than the Key Bridge’s. In the wake of the Key Bridge collapse and with the rise of larger container ships, some experts said that engineers should reassess necessary bridge safety features.

Persons: Baltimore’s Francis Scott Key, It’s, Dali, Francis Scott Key, Jim Watson, ”, Rick Geddes, Wes Moore, That’s, Jean, Paul Rodrigue, Martin Bernetti, “, Mark Wilson, Hussam Mahmoud, Rod Sullivan, Arthur Ravenel Jr, Savannah’s Talmadge, Los Angeles ’ Vincent Thomas Bridge, ” Geddes, Barzin Mobasher, Mobasher, ” CNN’s Daniel Medina, Majlie, Puy, Yahya Abou, Ghazala Organizations: CNN, Getty, Cornell University’s Program, National Research, Evening Sun, Coast Guard, Sun, Maryland Gov, Texas, M University, Galveston, National Research Council, Maryland Transportation Authority, Francis Scott Key Bridge, Colorado State University, Sunshine Skyway, Tampa Tribune, New, Bridge, Arizona State University Locations: Bridges, Baltimore, AFP, Nagoya, Dali, Panama, United States, Panama City, Baltimore , Maryland, Tampa, Florida, Charleston , South Carolina, Los Angeles

☆ Logistics companies scramble after bridge collapse closes Port of Baltimore until further notice
▼ + stars: | 2024-03-26 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +8 min

The steel frame of the Francis Scott Key Bridge sits on top of the container ship Dali after the bridge collapsed, Baltimore, Maryland, on March 26, 2024. At the time of the collision, the vessel had two pilots from the Port of Baltimore on board. The steel frame of the Francis Scott Key Bridge lies in the water after it collapsed in Baltimore, Maryland, on March 26, 2024. "For cargo already on water, we will omit the port, and will discharge cargo set for Baltimore, in nearby ports. "The collapse of the Baltimore bridge primarily affects coal exports from CNX and CSX terminals," said Madeleine Overgaard, dry market data manager for the global trade data platform Kpler.

Persons: Francis Scott Key, Dali, Roberto Schmidt, Paul Brashier, Brashier, Goetz Alebrand, Wes Moore, Larry, Richard Meade, Meade, Kena Betancur, Andy Lipow, Lipow, Helen Delich Bentley, Judah Levine, Madeleine Overgaard, Levine, Tasos Katopodis Organizations: Afp, Getty Images Logistics, Port, Eastern Seaboard, ITS Logistics, Getty, Americas, DHL Global, Maryland Gov, Baltimore, AFP, Uber Freight, IKEA, Lipow Oil Associates, Maersk, Freightos, CSX, East, Francis Scott Key Bridge Locations: Baltimore , Maryland, Baltimore, New York, New Jersey, Norfolk, Port of Baltimore, Colombo, Sri Lanka, Port, American, Taicang Port, Suzhou, China's, Jiangsu, East Coast, Norfolk , Virginia, Maryland, Midwest, New England, Virginia, North East , Maryland, Gulf Coast, Philadelphia, Suez, CNX, Freightos, Asia, U.S

☆ The collapsed Baltimore bridge didn't stand a chance against such a huge cargo ship, engineers say
▼ + stars: | 2024-03-26 | by ( Marianne Guenot | ) www.businessinsider.com time to read: +4 min

Experts sought to explain how the Francis Scott Key Bridge in Baltimore collapsed. AdvertisementThe Francis Scott Key Bridge in Baltimore stood no chance against the huge impact from a cargo ship Tuesday morning, experts told Business Insider Tuesday. Advertisement"There's a heavy impact from a cargo ship into one of the piers," he said in a call with BI. Advertisement"All bridge piers will be designed to resist impact from a vessel. The Francis Scott Key Bridge was built in 1977.

Persons: Francis Scott Key, —, Dali, Leroy Gardner, Gardner, Ian Firth, Barbara Rossi Organizations: Service, Engineering, Imperial College London, Engineers, Nimitz, US Navy, BBC, Engineering Science, University of Oxford Locations: Baltimore

☆ Baltimore bridge collapse poses little threat to U.S. economic growth, experts say
▼ + stars: | 2024-03-26 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +4 min

Auto companies like BMW and Volkswagen will likely be hit hardest at first, he added, given their heavy reliance on the Baltimore port. Regional economyFor the city of Baltimore, though, the economic impacts of the bridge collapse will hit harder and last longer. The Baltimore port directly employs over 15,000 workers and indirectly supports nearly 140,000 jobs via other port activities, according to Maryland Gov. Baltimore port employees could be temporarily furloughed, or see disruption in their work hours amid the shutdown. "The bridge collapse is the latest challenge for Northeast U.S. supply chains," said S&P Global Head of Supply Chain Research Chris Rogers.

Persons: Francis Scott Key, Roberto Schmidt, Baltimore's Francis Scott Key, Joseph Brusuelas, DALI, Joe Biden, Brusuelas, Mark Zandi, Wes Moore, Zandi, Research Chris Rogers, It's, we've Organizations: AFP, Getty, RSM, Auto, BMW, Volkswagen, Depot, IKEA, shipper FedEx, CNBC, Maryland Gov, Afp, Northeast, Supply, Research, Others Locations: Baltimore , Maryland, Singapore, Baltimore, of Baltimore, Port, United States, of LA, Northeast U.S, Sea, Panama

☆ Baltimore key bridge collapse: Recovery efforts continue for 6 presumed dead after Baltimore bridge collapse as investigation gets underway
▼ + stars: | 2024-03-26 | by ( Elizabeth Wolfe | Yahya Abou-Ghazala | ) edition.cnn.com time to read: +10 min

Recovery efforts are now underway for the missing people, who are presumed dead. People from El Salvador, Guatemala and Mexico among the missing: Miguel Luna, an immigrant from El Salvador, has been identified as one of the missing, according to the nonprofit Miguel Luna, an immigrant from El Salvador, has been identified as one of the missing, according to the nonprofit CASA . Ship blacked out before crash: Just minutes before impact, there was a “total blackout” of engine and electrical power on the ship, according to Clay Diamond, executive director of the American Pilots Association. Eight construction workers were believed to be mending potholes on the bridge when it fell, according to officials. A specialized team will also determine who was controlling the vessel and who was on the ship’s bridge at the time of the crash, she said.

Persons: Francis Scott Key, James Wallace, Wes Moore, “ We’re, Jennifer Homendy, Richard Worley, Miguel Luna, Petén, Clay Diamond, Diamond, “ It’s, ”, Pete Buttigieg, Joe Biden, US Sen, Chris Van Hollen, Buttigieg, Luna, DALI, “, ” Moore, Dali, Tasos Katopodis, Moore, CNN’s Melissa Alonso, Flora Charner, Sarah Engel, Jack Forrest, Allison Gordon, Elise Hammond, Jennifer Henderson, Betsy Klein, Jamiel Lynch, Sean Lyngaas, Mary Kay Mallonee, Lauren Mascarenhas, Pete Muntean, Tori B, Powell, Rachel Ramirez, Amy Simonson, Aditi Sangal, Michael Williams Organizations: CNN, US Coast Guard, Baltimore City Fire, Divers, Maryland Gov, Guard, Transportation Safety, National Transportation Safety, Baltimore Police, CASA, The Ministry of Foreign Affairs, Mexican Embassy, American Pilots Association, Reconstruction, Vital, Transportation, El, Maritime, Port Authority of, Infrastructure Security Agency, Coast Guard, for Disease Control, Gov, Association of Maryland Pilots, ”, NTSB Locations: Baltimore, ”, El Salvador, Guatemala, Mexico, San Luis, Camotán, Washington, US, Patapsco, El Salvadoran, Maryland, Port Authority of Singapore

☆ Richard Serra, Who Recast Sculpture on a Massive Scale, Dies at 85
▼ + stars: | 2024-03-26 | by ( Roberta Smith | ) www.nytimes.com time to read: +1 min

The cause was pneumonia, John Silberman, his lawyer, said. Mr. Serra’s most celebrated works had some of the scale of ancient temples or sacred sites and the inscrutability of landmarks like Stonehenge. But if these massive forms had a mystical effect, it came not from religious belief but from the distortions of space created by their leaning, curving or circling walls and the frankness of their materials. This was something new in sculpture; a flowing, circling geometry that had to be moved through and around to be fully experienced. Mr. Serra said his work required a lot of “walking and looking,” or “peripatetic perception.” It was, he said, “viewer centered”: Its meanings were to be arrived at by individual exploration and reflection.

Persons: Richard Serra, John Silberman, Serra’s, Serra Locations: Orient, Long

☆ Richard Serra, master of large-scale sculpture, dies aged 85
▼ + stars: | 2024-03-26 | by ( Oscar Holland | ) edition.cnn.com time to read: 1 min

CNN —Artist Richard Serra, whose monumental abstract sculptures transformed museums, public parks and even entire landscapes, has died aged 85. The American sculptor died from pneumonia at his home in New York on Tuesday, his lawyer John Silberman told the New York Times. Across his six-decade career, Serra established himself as one of the most celebrated artists in postwar America. Working primarily with steel — often twisted into evocative shapes and oxidized to achieve a distinctive deep orange palette — Serra was known for large-scale sculptures designed not only to be observed but to be explored, experienced and felt. His site-specific creations, whether carved into a grassy field or permanently installed in the Guggenheim Museum Bilbao, also invited viewers to engage with their surroundings in new ways.

Persons: Richard Serra, John Silberman, Serra Organizations: CNN, New York Times, Guggenheim Museum Bilbao Locations: American, New York, America

☆ Stocks making the biggest moves before the bell: Boeing, Masimo, Cleveland-Cliffs, Baidu, Disney and more
▼ + stars: | 2024-03-25 | by ( Alex Harring | ) www.cnbc.com time to read: +3 min

Masimo — Shares soared nearly 12% following the medical technology company's announcement late Friday it is considering a spinoff of its consumer business. In addition, Wells Fargo upgraded the stock Monday, citing the potential separation of the businesses. Baidu — Shares of the technology company climbed 1.4% following news that Baidu is reportedly engaged in talks with Apple for a potential collaboration on artificial intelligence services in China. Disney — Shares rose 1.2% after Barclays upgraded the media company to overweight from equal weight, saying Disney has further upside even after its outperformance this year. Foot Locker — The shoe retailer rose 2.9% after Evercore ISI upgraded the stock to outperform from in line.

Persons: Dave Calhoun, Larry Kellner, Masimo, Quentin Koffey, Wells, Baidu, Nelson Peltz, Locker, Tesla, Raymond James, Jesse Pound, Tanaya Macheel, Michelle Fox, Brian Evans, Sarah Min Organizations: Boeing —, Street Journal, Politan Capital Management, Department of Energy, Chipmakers, Intel, Financial Times, Nvidia, Baidu —, Apple, Disney, Barclays, Blackwells, ISI, Mizuho Securities, Scotts Miracle, Gro Locations: Wells Fargo, Cleveland, Ohio, Pennsylvania, China, U.S, Europe

☆ Jim Cramer shares his thoughts on Boeing, Intel, AMD, Masimo, Tesla, Rivian and Cleveland-Cliffs
▼ + stars: | 2024-03-25 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +2 min

Boeing shares rose about 0.4%. Masimo shares rose more than 3%. Tesla , Rivian : Analysts at Mizuho Securities downgraded a host of electric vehicle makers, including Tesla and Rivian, on concerns about slowing demand for battery-powered automobiles. Shares rose about 1.5%. Cleveland-Cliffs had been a "bad company," Cramer said, "but they've gotten disciplined and they've figured it out."

Persons: Jim Cramer's, Dave Calhoun, Jim Cramer, Larry Culp, Calhoun, Larry, Cramer, Tesla, They're, they're Organizations: CNBC, Club, Boeing, Airplanes, Alaska Airlines, Intel, AMD, Financial Times, Mizuho Securities, Ford, U.S . Department of Energy, U.S . Steel Locations: Alaska, China, Beijing, Germany, Cleveland, Ohio, Pennsylvania, U.S . Steel . Cleveland

☆ Shohei Ohtani says his interpreter stole money from his account and 'told lies'
▼ + stars: | 2024-03-25 | by ( Dennis Romero | Mirna Alsharif | ) www.cnbc.com time to read: +4 min

Shohei Ohtani answers questions and Ippei Mizuhara translates during the Shohei Ohtani Los Angeles Dodgers Press Conference at Dodger Stadium on Thursday, December 14, 2023 in Los Angeles, California. Los Angeles Dodgers superstar Shohei Ohtani spoke to the media on Monday for the first time since his former interpreter became wrapped up in an alleged sports gambling scandal. "Ippei has been stealing money from my account and has told lies," Ohtani said in Japanese with the help of a different interpreter. Mizuhara met Ohtani when he went to Japan to work as an interpreter for the Hokkaidō Nippon-Ham Fighters of Japan's Nippon Professional Baseball league, Nippon.com reported. The scandal was first reported Wednesday by The Los Angeles Times and ESPN.

Persons: Shohei, Shohei Ohtani, Ippei Mizuhara, Mizuhara, Ohtani, Ippei, Nippon.com, Matthew Bowyer of, Diane Bass, Bowyer's, Bowyer, Bass, Boyer, Shohei Otani, Matthew Bowyer's Organizations: Los Angeles Dodgers Press, Dodger, Los Angeles , California . Los Angeles Dodgers, Major League Baseball, Dodgers, Hokkaidō, Ham Fighters, Japan's Nippon Professional Baseball, Los Angeles Angels, Los Angeles Times, ESPN, NBC News, Internal Revenue Service, Homeland Security, FBI, NBC Locations: Los Angeles , California, Ohtani, Japan, Southern California, Matthew Bowyer of Orange County , California, South Korea

☆ Final Trades: Steel Dynamics, Sabra Health Care, ASML Holding and Deere
▼ + stars: | 2024-03-25 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFinal Trades: Steel Dynamics, Sabra Health Care, ASML Holding and DeereThe Investment Committee give you their top stocks to watch for the second half.

Organizations: Steel Dynamics, Sabra Health, ASML, Deere The Investment

☆ Energy Dept. Awards $6 Billion for Green Steel, Cement and Even Macaroni Factories
▼ + stars: | 2024-03-25 | by ( Brad Plumer | ) www.nytimes.com time to read: +1 min

The Biden administration plans to spend up to $6 billion on new technologies to cut carbon dioxide emissions from heavy industries like steel, cement, chemicals and aluminum, which are all enormous contributors to global warming but which have so far been incredibly difficult to clean up. Energy Secretary Jennifer Granholm said Monday that her agency would partially fund 33 different projects in 20 states to test methods for curbing emissions from a wide variety of factories and industrial plants, calling it “the single largest industrial decarbonization investment in American history.”Constellium, an aluminum producer, would receive up to $75 million to build a first-of-a-kind aluminum casting plant in Ravenswood, W.Va., that can run on cleaner burning hydrogen fuels rather than natural gas. Kraft Heinz, a food manufacturer, would get up to $170.9 million to install electric boilers and heat pumps at 10 facilities across the country, where they would be used to generate the large amounts of heat needed for things like drying macaroni without directly burning fossil fuels.

Persons: Jennifer Granholm, ”, Kraft Heinz Organizations: Biden, Energy Locations: Ravenswood, W.Va

☆ The all-metal house that was once considered the future of American architecture
▼ + stars: | 2024-03-25 | by ( Chris Menrad | ) edition.cnn.com time to read: +7 min

Now part of the permanent collection at the Palm Springs Art Museum, the story of Albert Frey’s “Aluminaire House,” and its significance in the history of architecture is quite remarkable. If you had never seen a modern house — and most Americans had not — it probably looked like a set for a science fiction movie. Even today, it looks “like it’s from another planet,” said Palm Springs Art Museum CEO Adam Lerner. After years of negotiations and fine-tuning the logistics, the Foundation donated Aluminaire House to the Palm Springs Art Museum in 2020, which subsequently raised $2.6 million to cover the cost of its rebuilding and future care. Reconstruction work underway on Frey's Aluminaire House at the Palm Springs Art Museum, pictured on January 10, 2024.

Persons: Albert Frey’s “, ”, Frey, Lawrence Kocher, . Frey, Kocher, Le Corbusier, Chris Menard, Aluminaire, Adam Lerner, Wallace K, Harrison, Jack Hobhouse, Joseph Rosa, Rosa, Michael Schwarting, Frances Campani, Schwarting, Campani, Ian L, Sitren, —, Leo Marmol, “ Organizations: CNN, Springs Art Museum, Contemporary, Architectural, Allied Arts Exposition, Bauhaus, Springs Art, New York Institute of Technology, Aluminaire Foundation, Foundation, ZUMA, Alcoa Corporation, Palm Springs Art Museum Locations: New York City, California, ”, Swiss, New York, French, Manhattan, Springs, Syosset , New York, Palm Springs , California, Islip, Schwarting, NYIT, Sunnyside , Queens, Palm, Palm Springs

☆ Stocks making the biggest moves midday: Digital World Acquisition Corp., Boeing, Disney and more
▼ + stars: | 2024-03-25 | by ( Brian Evans | ) www.cnbc.com time to read: +3 min

Masimo — The medical technology company climbed nearly 5%. Wells Fargo upgraded the stock to overweight from equal weight in light of the news. Super Micro Computer — The chip stock jumped nearly 10% after JPMorgan initiated coverage of the high-flying name. Foot Locker — Shares jumped 7% after Evercore upgraded shares to outperform from in line. Digital World Acquisition Corp. — The special purpose acquisition company leapt 26% after shareholders approved a merger with former President Donald Trump's social media company Trump Media & Technology Group, which owns Truth Social.

Persons: David Calhoun, Larry Kellner, Masimo, Wells Fargo, Samik Chatterjee, Chipmakers, Nelson Peltz's, Bob Iger, Evercore, Foot, Wedbush, GameStop's, Donald Trump's, Alex Harring, Jesse Pound, Hakyung Kim, Pia Singh, Sarah Min Organizations: Boeing, JPMorgan, Department of Energy, Semiconductor, Micron Technology, Nvidia, VanEck Semiconductor, Disney, Barclays, Fund Management, Mizuho, GameStop, Trump Media & Technology Group, Trump Media, United Airlines —, Reuters, U.S . Federal Aviation Administration, United Airlines Locations: Wells, Cleveland, Department of Energy . Cleveland, Ohio, Pennsylvania

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