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When Warren Buffett kicks off Berkshire Hathaway 's annual shareholder meeting on Saturday, the absence of Charlie Munger will be on everyone's mind. The annual meeting will be exclusively broadcast on CNBC and livestreamed on CNBC.com. For the first time, Berkshire will broadcast its annual meeting movie that had previously always been reserved only for those in attendance in Omaha. Vice Chairman of Non-Insurance Operations Greg Abel, Buffett's designated successor, will fill Munger's seat in the afternoon session, helping answer shareholder questions. "The tone of the meeting is certainly going to be a lot different without Charlie," said Steve Check, CEO of Check Capital Management and a longtime Berkshire shareholder.
Persons: Warren Buffett, Berkshire Hathaway, Charlie Munger, what's, Buffett's, David Kass, Munger, Greg Abel, Ajit Jain, Abel, Buffett, Charlie, Steve Check, Ajit, Greg Organizations: Berkshire, University of Maryland, CNBC, - Insurance, Buffett, Check Capital Management Locations: Omaha, Woodstock, Munger, Berkshire, CNBC.com
Apple | Spotify | Amazon | YouTube Listen to and follow ‘Hard Fork’We asked listeners to tell us about the wildest ways they have been using artificial intelligence at work. This week, we bring you their stories. Then, Hank Green, a legendary YouTuber, stops by to talk about how creators are reacting to the prospect of a ban on TikTok, and about how he’s navigating an increasingly fragmented online environment. And finally, deep fakes are coming to Main Street: We’ll tell you the story of how they caused turmoil in a Maryland high school and what, if anything, can be done to fight them. Guests:Hank Green, YouTuber and co-founder of ComplexlyAdditional Reading:
Persons: Hank Green Organizations: Apple, Spotify, Complexly Locations: Maryland
CNN —More than 16,000 pounds of raw ground beef products were recalled by the US Department of Agriculture on Wednesday on concerns the meat may be contaminated with E. coli. The meat items, produced by Cargill Meat Solutions, were sold at Walmart retail locations across the United States. According to a recall notice from the USDA, the potentially contaminated beef was produced on April 26 and April 27. “At Walmart, the health and safety of our customers is always a top priority,” a Walmart spokesperson told CNN in a statement. Walmart customers who have purchased any affected products should throw them away or return them to the place where they were purchased, according to the agency.
Persons: haven’t, , ” Cargill, Cargill Organizations: CNN, US Department of Agriculture, Cargill Meat Solutions, Walmart, , Lean Locations: United States, Connecticut , Massachusetts, Maryland , New Hampshire , New York, North Carolina , Ohio, Pennsylvania, Vermont, Virginia, West Virginia, Washington
New York CNN —The state of Maryland is about to get an insurance payment of $350 million related to the collapse of the Francis Scott Key Bridge in late March, according to the broker handling its policy on the structure. The payment would come from insurer Chubb, which has a $350 million limit on the policy it had written on the bridge, according to Henry Daar, head of property claims, North America for WTW, the broker on the policy. The payment will be made soon rather than waiting for the construction of a new bridge to begin, a process that could be years away. The accident temporarily closed much of the operations of the Port of Baltimore, trapping ships in the port. The planned payment by Chubb was first reported Thursday by the Wall Street Journal.
Persons: Francis Scott Key, Chubb, Henry Daar, Dali Organizations: New, New York CNN, Francis Scott Key Bridge, WTW, Grace Ocean Private Limited, Synergy Marine PTE LTD, CNN, National Transportation, Wall Street Locations: New York, Maryland, North America, Baltimore, Port of Baltimore
As Democrats confront a presidential race against a resurgent and resilient Donald J. Trump as well as a brutally challenging Senate map, they believe they have an increasingly powerful political weapon: ballot measures to protect abortion rights. Two crucial presidential and Senate battlegrounds, Arizona and Nevada, are expected to put such measures directly before voters. So are other states with top Senate races, including Maryland and potentially Montana. And abortion rights measures are set or could appear on ballots in states like New York, Florida and Nebraska, where competitive contests could help determine whether Democrats win back the House. Those measures have sometimes fueled surges in liberal turnout that have lifted Democratic candidates to victory, as well.
Persons: Donald J, Trump, Democrats —, Republicans —, Roe, Wade Organizations: Senate, Democrats, Republicans, Democratic Locations: Arizona, Nevada, Maryland, Montana, New York , Florida, Nebraska, Ohio, Kansas, Michigan
Baltimore bridge collapse: 5th body recovered
  + stars: | 2024-05-02 | by ( Joe Sutton | ) edition.cnn.com   time to read: +2 min
CNN —Authorities have recovered the body of a fifth victim in the Baltimore bridge collapse five weeks ago, officials said Wednesday. A 213-million-pound cargo vessel slammed into the Francis Scott Key Bridge on March 26, crippling the structure and killing six workers repairing potholes on it. The six construction workers were immigrants from Honduras, El Salvador, Mexico and Guatemala. “Maryland State Police investigators along with officers from the Maryland Transportation Authority Police and the FBI responded to the scene and recovered the body of a fifth construction worker inside a red truck,” he added. Attorneys representing the families of two deceased workers and a victim who survived the fall have started their own investigation.
Persons: Miguel Angel Luna Gonzalez, Glen, Francis Scott Key, Luna, Roland L, Butler , Jr, Miguel Luna, CNN Butler, Organizations: CNN — Authorities, Unified Command, Francis Scott Key Bridge, CNN, El, CASA, “ Unified Command, Maryland Department of State Police, State Police, Maryland State Police, Maryland Transportation Authority Police, FBI, US Coast Guard, Grace Ocean Private Limited, Synergy Marine PTE LTD Locations: Baltimore, Glen Burnie , Maryland, Honduras, El Salvador, Mexico, Guatemala, Maryland
Chubb, the Baltimore bridge insurer, is set to pay out $350 million, per The Wall Street Journal. The bridge's collapse in March killed six people and shut down the port of Baltimore. Chubb, the state of Maryland, and victims' families will likely sue the ship's owners, per the Journal. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThe insurer of Baltimore's Francis Scott Key Bridge is gearing up to issue a $350 million payout to the state of Maryland, The Wall Street Journal reported on Thursday.
Persons: Chubb, Baltimore . Chubb, , Francis Scott Key, Henry Daar, WTW, Daar, Dali, Chubb didn't Organizations: Street, Service, Barclays, Business Locations: Baltimore, Maryland, London
The American right’s growing embrace of Orbán builds upon millions of dollars that his government has spent on lobbying in the US, and new connections between Hungarian and American conservative think tanks. “Make America great again, make Europe great again!” Orbán declared in English, before continuing in Hungarian: “Go Donald Trump! Conservatives from around the US, Europe and beyond traveled to Budapest for the two-day event, which was organized by a Hungarian government-funded think tank. Two American nonprofits that are actively planning policies for a second Trump term have shown an interest in Hungary and Orbán’s model. But some of the American conservatives who flew into the country for CPAC seemed more focused on the optics of Budapest than on democratic rights.
Persons: crackdowns, , Viktor Orbán, Orbán, Donald Trump’s, ” Orbán, Donald Trump !, ” Trump, , Trump, Steve Bannon, President Trump, Gladden Pappin, Szilard Koszticsak, White, ” Pappin, “ saviors, Bannon, Kari Lake, Mark Meadows, Andy Harris, Zoltan Mathe, Paul Gosar, Christopher Rufo, István, Ron DeSantis, Trumpists, Kim Lane Scheppele, Orbán’s, Zsuzsanna Szelényi, ” Szelényi, Márton Gulyás, influencers strode, Joey Mannarino, ” Kyung Lah, Anna, Maja Rappard, Casey Tolan, Curt Devine Organizations: Hungary CNN —, Republican, Conservative, Trump, European Union, Hungarian Institute of International Affairs, Conservative Political, “ Conservative, White House, , Republican Arizona, CNN, Department of Justice, Southern Poverty Law, Heritage Foundation, America, Policy Institute, Institute, Florida Gov, Princeton Locations: Budapest, Hungary, American, Europe, Lago, Dallas, America, Hungarian, Arizona, United States, Paul Gosar of Arizona, Florida, “ Hungary, marveled, New York, Washington
Roughly half of US adults, 49%, want to see federal politicians work to enshrine abortion access nationally, while 37% say abortion laws should be left to states, and 14% call for nationwide restrictions. The poll comes in the wake of two years of largely state-level skirmishes over abortion laws following the overturn of Roe – political fights with tangible consequences for residents’ access to abortion in those states. The share who view their state’s abortion laws as too restrictive rises to 43% in the states where abortion is currently legal with gestational limits of 6-18 weeks, and to 52% in the states where it is banned. Among those who disapprove of overturning Roe, about two-thirds (64%) in states with gestational limits and three-quarters (74%) in states where abortion is banned find their state’s laws too restrictive. The CNN poll was conducted by SSRS from April 18-23 among a random national sample of 1,212 adults drawn from a probability-based panel, including 967 registered voters.
Persons: Roe, Wade, Dobbs, shouldn’t, state’s, Joe Biden, Donald Trump, Laws, they’d, Biden, aren’t, he’s, he’ll, Trump, SSRS, CNN’s Jennifer Agiesta, Ed Wu Organizations: CNN, SSRS, Jackson, Health Organization, White Evangelical, Arizona Supreme, Republican, GOP, Biden, Trump, Democratic, Surveys Locations: Arizona, Florida , Maryland, New York
Read previewThe winner of Oregon's $1.3 billion Powerball jackpot is a 46-year-old Laos-born immigrant who opted to take his winnings in a lump-sum payment — meaning he'll get $422 million. AdvertisementThe total amount to be received by Saephan, his wife, and Chao is $422,309,193.97 after taxes, per the Oregon Lottery. Previously, the biggest Oregon jackpot was announced in 2005 and worth $340 million. The Oregon Lottery said ticket sales have since 1985 earned some $15.5 billion that goes toward parks, schools, veteran services, and other state expenses. AdvertisementThe biggest-ever lottery jackpot in the US was $2.05 billion, won by Edwin Castro in California in November 2022.
Persons: , Cheng Saephan, he's, Saephan, who's, he'd, Laiza Chao, Chao, Edwin Castro Organizations: Service, Business, Oregon Lottery, Powerball Locations: Laos, Portland, Oregon, California, Texas , Arizona, Georgia , New Jersey, Maryland
Read previewThe embattled insurer Globe Life and its subsidiary American Income Life face new allegations of fraud, kickbacks, and misclassifying its army of sales agents. Neither Globe, AIL, or any affiliated agencies have requested a correction on BI's series, which has been cited in all three short-seller reports. Spokespeople for Globe, AIL, and Arias did not respond to inquiries about the Viceroy report. Viceroy today published excerpts from a civil complaint alleging that Globe Life required recruits to purchase the course from Xcel for $149, $119 of which was kicked back to Globe Life, AIL, and agency executives, an allegation Globe has denied. "As you might expect, these sales tactics do not engender long-term retention of policies," the Viceroy report states.
Persons: , AIL, Fraser Perring, Nate Koppikar, Panda, Arias, Erica Robertson, Robertson, Amy Williamson, Renee Zinsky, Fuzzy Panda, Jamie Winters, Winters, Viceroy, AIL's, Antonio – Organizations: Service, Viceroy Research, Globe, Business, Research, Orso Partners, Insurance Department, Pennsylvania, Arias Organization, Social, Organization, AIL, BI, Department, Xcel, Liberty National Life, Ohio Department of Insurance Locations: Texas, London, Globe, Maryland, Pennsylvania, Arias's Wexford, California, Xcel, Ohio, Antonio
CNN —A stricter abortion law is set to take effect in Florida on Wednesday — dropping the state’s 15-week ban to a six-week ban — and it will likely affect thousands of people seeking abortion care within the first month alone. In Texas, the number of abortions provided within the formal health-care system dropped by about half after a six-week abortion ban took effect in 2021, and there were thousands more births than expected in the following year. Florida will join Georgia and South Carolina with a six-week ban. The Tampa Bay Abortion Fund anticipates that at least 90% of people who call their hotline will be impacted by a six-week abortion ban and will need to seek abortion care outside of Florida. The six-week ban will only exacerbate those barriers in the cruelest fashion,” Kris Lawler, president of the Tampa Bay Abortion Fund Board said in a statement.
Persons: Court’s Dobbs, Roe, Wade, It’s, don’t, , Virginia —, ” Isaac Maddow, , , Dobbs, Amber Gavin, that’s, Gavin, ” Gavin, Dr, Sanjay Gupta, ” Kris Lawler Organizations: CNN, Guttmacher Institute, ., Florida Supreme, CNN Health, Chicago Abortion, Abortion, Board Locations: Florida, Texas, South Carolina, Georgia, Delaware, Maryland, Virginia, North Carolina, Louisiana, Florida , North Carolina, New York, Tampa, Chicago
Many lawmakers on Capitol Hill have been pushing for long-haul flights at National Airport for years. But the senators from Virginia and Maryland are firmly against the provision, pointing to safety concerns. AdvertisementFor many members of Congress, the allure of adding long-haul flights to Ronald Reagan Washington National Airport (DCA) is impossible to resist. While Delta Air Lines has thrown its support behind the long-haul provision, United Airlines has opposed the push. Washington Dulles International Airport and Baltimore/Washington International Thurgood Marshall Airport, while fully equipped to handle long-haul flights, are miles outside of Washington, DC.
Persons: , Ronald Reagan, Democratic Sens, Mark Warner, Tim Kaine, Virginia, Ben Cardin, Chris Van Hollen, Kaine, Warner, Cardin, Van Hollen Organizations: Capitol, National Airport, FAA, Service, Ronald Reagan Washington National Airport, National, Federal Aviation Administration, Democratic, DCA, Delta Air Lines, United Airlines, Washington Dulles International Airport, Washington International Thurgood Marshall Airport Locations: Virginia, Maryland, Ronald Reagan Washington, Arlington, Va, Western, America, Baltimore, Washington
In recent years, the free-market economist and the contrarian Austrian school he led midcentury have been turned into a hashtag deployed by tax-wary workers. Ludwig von Mises From Mises Institute“Ludwig von Mises is Latin America’s leading economist,” declared the headline of a Bloomberg opinion piece earlier this month by economist Tyler Cowen. His free-market policy prescriptions, framed by an economic thinking centered on human behavior and individual choice, were widely considered out of fashion at the time. “That is my jam!” Shapiro said of the Austrian school. “If you start to understand the concept of the Austrian economic school,” Moicano said in a recent YouTube video, “you’re going to understand that’s what I need: free market, liberties, and wealth, my brother.
Persons: Renato Moicano, , Ludwig von Mises, ” Moicano, Mises, midcentury, influencers, “ Ludwig von Mises, , Tyler Cowen, Marx, Camila Rocha, Moicano, Jair Bolsonaro, Javier Milei, Fabrice Coffrini, Milei, “ Milei, Daniel Raisbeck, Raisbeck, Milton Friedman, ” Mises, El, Nayib Bukele, Amanda Andrade, Rhoades, Rocha, Ben Shapiro, ” Shapiro, It’s, “ you’re Organizations: CNN — Brazilian UFC, Austrian, Mises, , Bloomberg, New York University, Brazilian Center of Analysis, UFC, Economic, Cato Institute, Argentina national, Salvador, Conservative Political, Conference, Mises Institute, Mises Institutes, Fox Business, YouTube Locations: Austrian, United States, South, Central America, American, El Salvador, Argentina, Brazil, Davos, AFP, Milei, Buenos Aires, Mises, National Harbor , Maryland, Washington, Latin America
Most of the proposed ballot measures aim to enshrine the right to an abortion in state constitutions. Abortion measures on the ballot in NovemberThree states, Florida, Maryland and New York, have already secured abortion measures on the 2024 ballot. States with potential abortion ballot measuresOrganizers in other states across the country are working to secure funding, gather signatures and jump through the legal hoops necessary to secure abortion measures on the 2024 ballot. Voters in at least two states could see dueling measures aimed at protecting and restricting abortion access on the 2024 ballot. States that have voted on abortion post-DobbsSeven states have already seen a vote on abortion access since Roe v. Wade was overturned, and reproductive health advocates have been heartened by the overwhelming support for abortion access among voters.
Persons: Court’s Dobbs, Roe, Wade, Dobbs Organizations: CNN Locations: Florida , Maryland, New York, Florida, Arizona , Nevada, Montana, Arkansas, South Dakota, Missouri, Nevada and Montana, Iowa, Pennsylvania, California
The richest of the rich live in Washington, D.C., where it takes a salary of $719,000 to land in the top 5% of earners. Washington state has seen the most dramatic growth in what it takes to be rich in recent years, according to the report. By 2022, the salary it takes to stay at that level is more than $544,000. Back then, only Connecticut and Washington, D.C., had a 5% top-earning threshold of $500,000. Here's the salary it takes to be considered in the top 5% of earners in each state, listed alphabetically, plus Washington, DC:
Persons: Andrew Murray, Murray Organizations: Washington , D.C, Survey, Amazon, GoBankingRates, D.C Locations: America, Washington ,, Connecticut, Washington, Seattle, U.S, Washington , California , Massachusetts, Hawaii, Virginia, Colorado , New York , New Jersey , Illinois, Maryland, DC
Another said they regretted underestimating the importance of living near their friends and family. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Business Insider spoke with four people who shared their biggest regret and what they learned from it. After two years in Colorado, Michiels and his family moved again — this time to Spain in 2023. The couple loved living in Denver and decided to buy their first house there after a year, but they were priced out of the city.
Persons: , Amanda Loudin, Loudin, she'd, Wendy Wang, Wang, Eric Michiels, Michiels, he'd, Jackie Branholm, Branholm Organizations: Service, Denver Locations: Maryland, Boulder , Colorado, Boulder, Pennsylvania, Silicon Valley , California, California, Silicon Valley, Atlanta, Denver, Colorado, Spain, New York City, New York
A high school athletics director was arrested after a deepfake of the school's principal was shared online. The deepfake recording imitated Eric Eiswert making racist and antisemitic remarks. AdvertisementA Maryland high school athletics director, Dazhon Darien, has been arrested and charged with stalking and theft after an AI deepfake audio recording of the school's principal, which included racist remarks, was shared online. AI deepfakes are a growing concernPolice used forensic analysis to determine that the recording was made using AI. There are also fears that AI deepfakes could threaten free and fair elections as it becomes easier for people to spread misinformation.
Persons: Eric Eiswert, , Dazhon, Eiswert, It's, Johnny Olszewski, Joe Biden, White Organizations: Service, Pikesville, School, New York Times, Pikesville High, Police, Authorities, FBI Locations: Maryland, Dazhon Darien, Baltimore, Darien, Hong Kong, New Hampshire
The Fed aims to keep inflation at 2% over the longer run. Meanwhile, among the 20 countries that use the euro, annual consumer price inflation has slowed steadily since the start of the year. Fed Governor Michelle Bowman said earlier this month that she would favor a rate hike “should progress on inflation stall or even reverse.”So why does the United States appear to have a bigger inflation problem than Europe? Some economists argue there isn’t actually much daylight between the US and European rates of inflation, pointing to a quirk in the US measures. The measure is designed to track inflation in the real estate market while accounting for the fact that most Americans own their homes.
Persons: Michelle Bowman, Paul Donovan, Simon MacAdam, , MacAdam, ” Carsten Brzeski, Janet Yellen, Jim Watson, Brzeski, , ” Davide Oneglia Organizations: London CNN, Federal Reserve, European Central Bank, PCE, UBS Global Wealth Management, Capital Economics, ING, CNN, Monetary Fund, Washington, Reuters, Getty, , ECB, Lombard Locations: United States, Europe, Centreville , Maryland, AFP, Russia, Ukraine
So far, though, many public health experts don't think this rings alarm bells about the safety of the food supply. Nathan Frandino/ReutersThe FDA oversees the nation's milk supply, and the US Department of Agriculture oversees dairy cows. Both say they believe the commercial milk supply is safe, due to the pasteurization process and the practice of disposing of milk from sick cows. Some states allow the sale of unpasteurized, aka "raw," milk or cheese, which the CDC recommends avoiding. "To date, we have seen nothing that would change our assessment that the commercial milk supply is safe.
Persons: , Dr, Jerome Adams, Trump, Pasteurization, Nathan Frandino, Carlos Barria, Adams, Samuel Alcaine, Cook, who's, I'm Organizations: Service, Drug Administration, Business, Purdue University, Johann, FDA, US Department of Agriculture, Washington Post, The New York Times, Mountain Creamery, Cornell University, CDC, Workers Locations: Fresno , California, Middletown , Maryland
A local London pub that’s been thrust into an unexpected spotlight and onto the tourist map, thanks to musician Taylor Swift. Unexpected fameThe Black Dog pub is in an unassuming residential area of Vauxhall in south London. Taylor Swift fans Jenna Spackey and Maddie Essig came to check out The Black Dog pub after listening to the song. The Black Dog pub says the past few days have been "immense." Hageman compares “The Black Dog” song to a “fable” – it’s probably not based entirely in reality.
Persons: CNN — It’s, that’s, Taylor Swift, Francesca Street, Swift, Joe Alwyn, , Matty Healy, ” Taylor Swift, Lionel Hahn, Swifties, Maddie Essig, “ Joe, Taylor, , , Essig, Jenna Spackey, they’ve, Spackey, ” –, Alwyn – Swift, Toby Melville, There’s, Lily Bottomley, ” Bottomley, Bottomley, “ We’re, ” There’s, Bottomley – it’s, “ We’ve, Healy, Bottomley won’t, she’s “, there’s, ” Swift, Strasburg, Katie Hageman, ’ ”, she’s, Hageman, it’s Organizations: CNN, Poets Department, Golden Globe, CNN Travel, Vauxhall, Department, Reuters, Brentford –, SC Soho, Wembley, London Locations: Vauxhall, London, British, Baltimore , Maryland, Houston , Texas, Brixton, Shoreditch, Highgate, Brentford, Cork, Ireland, Blanc, , Florida, Strasburg, Avangeline Strasburg, Hageman
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewThe FTC wants to give Americans the freedom to job-hop without pesky noncompete contracts getting in the way. The Federal Trade Commission voted 3-2 on Tuesday to approve a nationwide ban on noncompete agreements, the agency announced in a press release. The move could help American workers make $300 billion more a year, the FTC has previously said. Companies can keep existing contracts for some senior executives, but that will only affect about 0.75% of workers, the FTC said.
Persons: , pesky noncompete, Evan Starr, Lina M, Khan, Suzanne P, Clark Organizations: Service, Federal Trade Commission, FTC, Business, Employers, University of Maryland, New York Times, US, of Commerce, Commerce's, National Labor Relations Locations: California , Massachusetts, Illinois
The insects will infiltrate a much bigger geographical area than similar occurrences in most years because they’re part of the dual emergence of two particular periodical cicada broods. Although the full-scale emergence isn’t underway yet, experts have some guidance on how to prepare for cicada season. A periodical cicada that has just shed its outer skeleton crawls among holes dug by emerging cicada nymphs on May 20, 2021, in Takoma Park, Maryland. A young tree in Takoma Park, Maryland, is draped in netting in May 2021 to protect its small branches from being damaged by periodical cicadas laying their eggs in them. It’s not clear why periodical cicadas evolved to emerge every 13 or 17 years.
Persons: Louis —, Chip Somodevilla, , , Paula Shrewsbury, ” Shrewsbury, John Lill, sapling, Lill, Jason Whitman, Shrewsbury, They’re Organizations: CNN, Naturalists, Southern, University of Maryland, North, George Washington University, US Food and Drug Administration Locations: Chicago, Nashville, St, Northern Illinois, Takoma Park , Maryland, North America, United States
Read previewCity of Baltimore officials on Monday accused the owner and manager of the ship that crashed into the Francis Scott Key Bridge of allowing the vessel to set sail despite it being "clearly unseaworthy." "Reporting has indicated that, even before leaving port, alarms showing an inconsistent power supply on the Dali had sounded," the court petition reads. Authorities found that the 984-foot ship lost power as it navigated toward the bridge, causing it to lose propulsion. The crew on board broadcast a mayday call just before impact, allowing traffic police to seal access to the bridge. AdvertisementMeanwhile, President Joe Biden has said that the federal government will fund the reconstruction of the Key Bridge, and has agreed to disburse some $60 million in aid to the region.
Persons: , Francis Scott Key, Dali, Grace Ocean, Baltimore Mayor Brandon Scott, Joe Biden Organizations: Service, Synergy Marine, Business, Baltimore Mayor, Grace, Synergy, Port, Authorities, National Transportation Safety Board, FBI, Washington Post Locations: Baltimore, Maryland, Singapore, Port of Baltimore, Sri Lanka, Patapsco
The City of Baltimore has said that the owner and manager of the cargo ship that brought down the Francis Scott Key Bridge last month are directly responsible for the accident and should not be allowed to avoid legal liability, according to court documents filed on Monday. The 985-foot-long ship hit the bridge in the early hours of March 26 after leaving the Port of Baltimore and losing power to its engine and navigation equipment. The bridge collapsed moments later, killing six construction workers, forcing the port to close and disrupting the shipping industry up and down the East Coast. In the meantime, the ship’s owner and operator, both based in Singapore, have asked a federal judge in Maryland to exonerate them from liability for any related losses or damages. In early April, lawyers for the ship’s owner, Grace Ocean, and its manager, Synergy Marine, said in a court filing that the accident had not resulted from “any fault, neglect or want of care” on the companies’ part.
Persons: Francis Scott Key, Grace Ocean Organizations: Port, Synergy Locations: Baltimore, Port of Baltimore, East Coast, Singapore, Maryland
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