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☆ US F-16s could play a vital role in isolating Crimea and humiliating Putin, says defense analyst
▼ + stars: | 2024-05-11 | by ( Cameron Manley | ) www.businessinsider.com time to read: +6 min

US F-16s will have a big impact in helping Ukraine reclaim Crimea, an analyst told BI. AdvertisementThe delivery of US-made F-16s could play a crucial role in Ukraine's attempts to take back occupied Crimea, a defense expert told Business Insider. In the latest blow on Monday, Ukraine used an exploding naval drone to destroy a Russian military speedboat in Crimea. Explosion causes fire at the Kerch bridge in the Kerch Strait, Crimea on October 08, 2022. There are signs that these attacks are forcing Russia to rethink its use of the peninsula and the Kerch bridge.

Persons: —, Ukraine's, Frederik Mertens, Mertens, Putin, Vera Katkova, Molfar Organizations: Service, Hague, Strategic Studies, Kharkiv, US, The New York Times, Army Tactical Missile Systems, Sea, Russian Defense Ministry Press Service, AP, Fleet, Anadolu Agency, Getty Locations: Ukraine, Crimea, Denmark, Norway, Belgium, France, Romania, Kerch, Ukraine's, Russian, Russia, The, Sevastopol

☆ Britain Shakes Off Recession as Economy Grows Faster Than Expected
▼ + stars: | 2024-05-10 | by ( Eshe Nelson | ) www.nytimes.com time to read: +1 min

In the first three months of the year, economic growth was driven by the services sector, which expanded for the first time in a year, statistics agency said. Transport services, legal services and scientific research all grew strongly, but services that include hotels and restaurants fell slightly, and the construction sector contracted sharply. per person grew 0.4 percent in the first quarter, following seven consecutive quarters of decline. Some sectors like professional services and technology have been doing well, but others like hospitality have struggled, she said. Household spending, adjusted for inflation, grew 0.2 percent, following two quarters of declines, the statistics agency said.

Persons: ”, Tera Allas, Ms, Allas Organizations: Transport Locations: McKinsey’s Britain, Ireland

☆ Biden administration says Israel is not violating U.S. weapons terms
▼ + stars: | 2024-05-10 | by ( Julia Jester | Zoë Richards | ) www.cnbc.com time to read: +2 min

U.S. President Joe Biden departs the White House in Washington, U.S., for a campaign fundraiser in California, May 9, 2024. The Biden administration said Friday that it was "reasonable to assess" that Israel has violated international law in Gaza, but that it hasn't violated terms of U.S. weapons agreements. "Although we have gained insight into Israel's procedures and rules, we do not have complete information on how these processes are implemented," the report noted. "Israel has not shared complete information to verify" whether certain weapons provided by the U.S. had been used in incidents that allegedly violated international humanitarian law. The report also did not find that the Israeli government is blocking the transport or delivery of humanitarian assistance.

Persons: Joe Biden, Biden, Israel Organizations: State Department, Foreign Assistance, Israel Defense Forces, U.S, The State Department Locations: Washington , U.S, California, Israel, Gaza, U.S, United States

☆ A whistleblower at Boeing's supplier said he 'almost grew a fear of flying' from working 12 years there
▼ + stars: | 2024-05-09 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewA former employee of Boeing supplier Spirit AeroSystems said he nearly developed a fear of flying because of what he saw during his 12-year stint inspecting aircraft fuselages there. "Working at Spirit, I almost grew a fear of flying," said Paredes. Paredes told CBS that he once sent an email pushing back against his managers' requests to speed up inspections and then was removed from his leadership position. Spirit AeroSystems did not immediately respond to a request for comment outside regular business hours by Business Insider.

Persons: —, Spirit AeroSystems, Santiago Paredes, Paredes, Kris Van Cleave, Spirit, John Dean, Max, AeroSystems Organizations: Service, Boeing, Spirit, CBS News, Business, CBS, Alaska Airlines, Federal Aviation Administration, National Transportation Safety, BBC, BI Locations: Wichita, Spirit's Wichita

☆ Opinion: Trump’s congestion pricing outrage is classic ‘dead cat’ strategy
▼ + stars: | 2024-05-09 | by ( Opinion Rosa Prince | ) edition.cnn.com time to read: +8 min

In short, Trump’s New York congestion comment was classic dead cat. In the same Truth Social message, the former president mused about the impact of congestion pricing elsewhere in the world. After all, congestion pricing has been introduced in a number of cities, from Singapore to Stockholm, over the past 25-odd years. I live about four miles from the edge of the congestion zone, and it’s never once been a problem to circumvent. By most metrics, London’s congestion pricing experiment has been a resounding success.

Persons: Rosa Prince, Read, Donald Trump, ”, Rosa Prince Rosa Prince Here, Stormy Daniels, mused, It’s, “, I’m, it’s, Akmen, they’re, Boris Johnson, there’s, Sadiq Khan, Ella Roberta Adoo, Khan, Mayor Khan, he’s Organizations: Politico UK, London CNN — Former, New, Big Apple, Getty, Conservative, Transport, London, Labour Party, Trump, TfL, CNN, Twitter, New Yorker Locations: New York City, New York, Singapore, Stockholm, London, AFP, It’s, Manhattan, London —, England, New

☆ 4 flight attendants smuggled millions in drug money out of the US using the crewmember lane at JFK, prosecutors say
▼ + stars: | 2024-05-09 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Using this status, they could access a special security lane at John F. Kennedy International Airport without undergoing typical passenger screening procedures. Advertisement"Flight attendants are ideal for smuggling bulk cash" for this reason, a Homeland Security Investigations special agent wrote in the indictments. Related storiesThe pair believed the money was the proceeds of narcotics trafficking and needed to be transported, according to the indictment. AdvertisementHe said the investigation "exposed critical vulnerabilities in the airline security industry" and has "illuminated methods that narcotics traffickers are utilizing."

Persons: —, — Charlie Hernandez, Sarah Valerio Pujols, Emmanuel Torres, Jarol Fabio, John F, Damian Williams, Hernandez, Pujols, Torres, Fabio, HSI, Ivan J, Arvelo Organizations: Service, Business, US, Office, of, Transportation Security Administration, Kennedy, Homeland Security Investigations, Pujols, Customs, Border, JFK, Delta Airlines, NBC News, Delta Locations: New York, Dominican Republic, Southern, of New York

☆ Boeing Plane Goes Off Runway in Senegal, Leaving at Least 10 Injured
▼ + stars: | 2024-05-09 | by ( Christine Hauser | More About Christine Hauser | ) www.nytimes.com time to read: +1 min

At least 10 people, including the pilot, were injured when a Boeing passenger plane overran the runway while aborting takeoff from Senegal’s international airport in the outskirts of Dakar on Thursday, the country’s transport minister said. Emergency services were deployed to evacuate the passengers, and those who were injured were receiving medical care, Mr. Ndiaye said. Footage from social media and published by The Associated Press showed passengers going down emergency slides in the dark as one side of the aircraft was in flames. “Our plane just caught fire,” wrote Cheick Siriman Sissoko, a musical artist from Mali, in a post on Facebook, The A.P. He could not be reached by telephone later on Thursday.

Persons: Blaise, Malick Ndiaye, Ndiaye, ”, Siriman Organizations: Boeing, Air, Transair, Blaise Diagne, The Associated Press, Facebook Locations: Dakar, Air Senegal, Bamako, Mali

The pier and causeway, known as Joint Logistics Over the Shore or JLOTS, will ultimately be used by the US, its allies and aid groups to get aid into Gaza by sea from Cyprus. A defense official confirmed to CNN that the limitations on the pier system are accurate. Another potentially complicating factor is how Israel decides to proceed with its operation in Rafah, in southern Gaza, US officials said. The Israel Defense Forces have agreed to provide a wide security perimeter around the pier system and the aid operation. But the plan is for the IDF to remain at a relative distance as the aid is transported and offloaded onto the beach in Gaza, officials told CNN.

Persons: CNN —, JLOTS, Israel, ”, Roy P, Biden, Pat Ryder Organizations: CNN, American Navy, US, Naval, Israel’s Marine Data Center, Pentagon, UN, World, British, American, Armed Forces, Israel Defense Forces, IDF Locations: Gaza, Cyprus, Port, Ashdod, Rafah, “

☆ Plane skids off runway in Senegal, injuring at least 10
▼ + stars: | 2024-05-09 | by ( ) www.cnbc.com time to read: +1 min

Boeing 737 of Transair en route to Bamako skids off runway at Dakar International Airport in Senegal on May 09, 2024. A plane with dozens of passengers skidded off a runway before takeoff at Senegal's main airport on Thursday, injuring at least 10 people and bringing the facility temporarily to a halt, the airport and Senegalese transport ministry said. Night-time videos shared on social media showed passengers running away from a plane whose left wing appeared to be on fire. The airport said 78 passengers were on board and 11 people were wounded in the accident, including four serious injuries. The transport ministry said the plane was carrying 79 passengers and reported 10 people were wounded, including one of the plane's two pilots.

Persons: Blaise Diagne Organizations: Boeing, International, Air Senegal Locations: Bamako, Senegal, Mali

☆ Boeing cargo plane lands without front nose gear in Istanbul; investigation launched
▼ + stars: | 2024-05-09 | by ( Natasha Turak | ) www.cnbc.com time to read: +1 min

A general view of a FedEx Airlines Boeing 767 BA.N cargo plane, that landed at Istanbul Airport on Wednesday without deploying its front landing gear but managed to stay on the runway and avoid casualties, on a runway in Istanbul, Turkey, May 8, 2024. An investigation is underway after a FedEx Airlines Boeing 767 cargo plane was forced to make an emergency landing without its front landing gear at Istanbul Airport, after the aircraft's nose gear failed to deploy. The plane managed to stay on the runway, and there were no casualties, according to Turkey's Ministry of Transport. The ministry said that the cargo jet, flying from Paris' Charles de Gaulle Airport, alerted the Istanbul Airport control tower that its landing gear was not opening and was able to land with guidance from the tower, according to reporting from Reuters. The ministry also said that its teams were carrying out examinations at the scene, while the U.S. National Transport Safety Board (NTSB) announced it will send its own investigators to Istanbul.

Persons: Charles de Gaulle Organizations: FedEx Airlines Boeing, Istanbul Airport, Turkey's Ministry of Transport, Reuters, U.S . National Transport Safety Board Locations: Istanbul, Turkey, Paris, U.S

☆ US Air Force team airlifts critically ill passenger from Carnival Venezia in open Atlantic waters
▼ + stars: | 2024-05-08 | by ( Forrest Brown | ) edition.cnn.com time to read: +2 min

CNN —A US Air Force rescue team airlifted a civilian passenger needing urgent medical care this past weekend from a Carnival cruise ship that was hundreds of miles out in open Atlantic waters. The dramatic May 4 medical rescue involved three helicopter air-to-air refuelings to reach the Carnival Venezia, according to a news release from the 920th Rescue Wing. The mission was carried out by two HH-60G Pave Hawk helicopters, two HC-130J Combat King II aircraft and two teams of rescuers. When the aircraft arrived, rescuers were hoisted down from the helicopters and began preparing the patient for transport, the release said. Neither the 920th Rescue Wing nor the cruise line had further information about the patient’s condition or where he was taken for treatment.

Persons: ”, Dylan Gann, CNN’s Karla Cripps Organizations: CNN, US Air Force, Carnival Venezia, 920th Rescue Wing, Venezia, Patrick Space Force, HC, 130J, King, HH, U.S . Department of Defense, 920th, Wing, 301st Rescue Squadron, ” Carnival, CNN Travel, Air Force, US Coast Guard Locations: New York City, Bahamas, Caribbean, Florida, New York

☆ AI needs to keep cool—literally. That's driving demand for these infrastructure companies
▼ + stars: | 2024-05-08 | by ( Seema Mody | ) www.cnbc.com time to read: +2 min

The advent of artificial intelligence has sent demand for data centers skyrocketing, along with industrial components to keep all the AI chips from overheating. "The key for chipmakers with AI ambitions is keeping data centers cool," Melius Research analyst Jake Levinson told CNBC. Levinson said cooling technologies manufacturers Carrier Global , Trane Technologies and Johnson Controls are all seeing higher demand for HVACs. Then there are the companies that create the infrastructure used to regulate temperature – from Parker-Hannafin's fluid connectors to Dover's industrial-style pumps used in liquid cooling. "We're having to challenge ourselves and how we support that capacity growth," CEO Scott Strazik told CNBC after the company posted first-quarter earnings last month.

Persons: Jake Levinson, Levinson, DOV, Stephen Volkmann, Volkmann, Scott Strazik, He's, I've, we've Organizations: CNBC, Carrier Global, Trane Technologies, Johnson, Jefferies, Caterpillar, Cummins, GE Vernova, GE Locations: Parker

☆ ‘World’s largest’ plant to suck carbon out of the air and turn it into stone opens in Iceland
▼ + stars: | 2024-05-08 | by ( Laura Paddison | ) edition.cnn.com time to read: +4 min

Direct air capture, or DAC, is a technology designed to suck in air and strip out the carbon using chemicals. Climeworks plans to transport the carbon underground where it will be naturally transformed into stone, locking up the carbon permanently. ClimeworksClimeworks' Mammoth plant will eventually be able to capture 36,000 tons of carbon from the air. It will increase the size of equipment to capture carbon pollution. It’s this kind of process that makes some critics concerned carbon removal technologies could be used to prolong production of fossil fuels.

Persons: ”, Lili Fuhr, Haukur, Climeworks Climeworks, Stuart Haszeldine, it’s, Jan Wurzbacher Organizations: CNN, Climeworks, Center for International Environmental Law, Mammoth, University of Edinburgh, International Energy Agency, Stratos, Occidental Locations: Iceland, Swiss, Texas, Occidental, Kenya, United States

☆ Elon Musk says there are too many non-technical managers at Boeing
▼ + stars: | 2024-05-07 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +3 min

Tesla CEO Elon Musk suggested Boeing has "too many" non-technical managers. AdvertisementElon Musk is chiding Boeing on social media for employing "too many" non-technical managers amid a wave of ongoing layoffs at his own company, Tesla. Too many non-technical managers at Boeing. Advertisement"Too many non-technical managers at Boeing," Musk tweeted. Musk has opined about non-technical managers in the past, writing in a May 2020 tweet that he "strongly" believes "all managers in a technical area much be technically excellent."

Persons: Elon Musk, Boeing's Starliner, Tesla, —, Elon, Musk, bTXWAfxfrh — Elon, Musk's Organizations: Boeing, Service, Tesla, Business, NASA, SpaceX, International Space

☆ Super-aged Japan now has 9 million vacant homes. And that’s a problem
▼ + stars: | 2024-05-07 | by ( Chris Lau | Mayumi Maruyama | ) edition.cnn.com time to read: +6 min

“This is a symptom of Japan’s population decline,” said Jeffrey Hall, a lecturer at Kanda University of International Studies in Chiba. “It’s not really a problem of building too many houses” but “a problem of not having enough people,” he said. According to figures compiled by the Ministry of Internal Affairs and Communications, 14% of all residential properties in Japan are vacant. “When an earthquake or a tsunami occurs, there is a possibility that vacant houses will block evacuation routes as they break down and get destroyed,” he said. In other rural areas with a high concentration of vacant houses, akiya have stalled development, the professor said.

Persons: ”, Jeffrey Hall, “ It’s, don’t, Akio Kon, it’s, “ They’re, Buddhika Weerasinghe, Yuki Akiyama, Akiyama, ” Akiyama Organizations: CNN, Kanda University of International Studies, Ministry of Internal Affairs and Communications, Kanda University, “, Bloomberg, Getty, Ministry, Internal Affairs, Communications, Tokyo City University, Homes Locations: Japan, New York City, Tokyo, Kyoto, Chiba, Kanda, Yato, Yokosuka City, Kanagawa prefecture, Tambasasayama, Noto, Ishikawa, Europe, West, “

☆ A passenger had their flight ticket canceled after trying to smuggle a bag of snakes in their pants past TSA
▼ + stars: | 2024-05-07 | by ( Pete Syme | ) www.businessinsider.com time to read: +3 min

A passenger was caught with a bag of snakes in their pants at Miami International Airport. AdvertisementA passenger was caught trying to smuggle a bag of snakes onto a plane at Miami International Airport last month. Transportation Security Agency officials said officers detected the small bag "hidden in a passenger's pants" on April 26. Officers at @iflymia detected this bag of snakes hidden in a passenger’s pants at a checkpoint on Fri, April 26. pic.twitter.com/CggJob8IT8 — TSA_Gulf (@TSA_Gulf) April 30, 2024Upon discovering the reptiles at a security checkpoint, the TSA called in the police and Customs and Border Protection.

Persons: —, Oakley, @TSA, Kanitha, frontliners Organizations: Miami International Airport, Daily Mail, Service, Transportation Security Agency, Miami - Dade Police, Florida Fish and Wildlife Conservation Commission, TSA, Customs, Florida Fish and Wildlife Conservation, Guardian, Airlines, Protection Locations: Asia, Miami, Thailand, Southeast Asia, South Asia

☆ German Vs. American Work Life: Differences According to US Mom
▼ + stars: | 2024-05-07 | by ( Naomi Kaye Honova | ) www.businessinsider.com time to read: +4 min

Germany has a more generous paid parental leave, which allows up to two years of leave. Related storiesIn terms of preventing burnout and optimizing productivity, taking vacation days has been proven to be helpful. As a result, nearly a third of American employees do not get paid vacation days at all, according to Forbes. For quality of life in the work commute, this does make a significant difference. Over a third of Germans don't sit in traffic on their work commute.

Persons: —, I've, aren't Organizations: Service, Forbes Locations: Germany

☆ China’s booming electric vehicle companies eye U.S. competitors they see as ‘not ready’
▼ + stars: | 2024-05-07 | by ( Janis Mackey Frayer | Jennifer Jett | ) www.cnbc.com time to read: +8 min

Despite lower price tags, Chinese EVs often have more powerful batteries and more advanced technology. The competition among hundreds of Chinese EV makers has spurred rapid innovation. Even Tesla CEO Elon Musk, who made a surprise visit to Beijing last week, has said that without trade barriers Chinese EV makers would "demolish" their competitors. Chinese EVs tend to be smaller, cheaper and more accessible to the masses — BYD's Seagull, a small all-electric hatchback, starts at less than $10,000. It would take time to set up a sales and distribution network, Fields said, and Chinese EV makers could face a perception issue among American consumers.

Persons: They're, Stella Li, America's Tesla, Tesla, BYD, Mark Fields, Elon Musk, Musk, Fields, they've, Li, Biden, Musk's, That's Organizations: Alliance for American Manufacturing, U.S, BYD, NBC News, Western, Communist Party, Ford, International Energy Agency, Western automakers, United States, Lawmakers, World Trade Organization, European, Rhodium Group, EV, China Association of Automobile Manufacturers Locations: China, EVs, U.S, BYD Americas, BYD, Shenzhen, United States, Beijing, Europe, United, Union, Chinese, Mexico, South Korea, Japan

☆ Putin's Crimea bridge has been out of military use for at least 3 months, satellite images suggest
▼ + stars: | 2024-05-07 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +4 min

Read previewRussia has all but stopped transporting military equipment via a strategic Crimean bridge, Ukrainian analysts say, based on satellite imagery. In an examination of Maxar satellite images by open-source intelligence agency Molfar, analysts said that between February and mid-April, they saw no Russian freight trains carrying military equipment on the Kerch Bridge. It also said it saw no trains carrying military equipment on the bridge between May and September 2023. Built in 2018 following President Vladimir Putin's annexation of Crimea, the bridge is considered an illegal construction by Ukraine. AdvertisementA potent symbolAn explosion causes fire at the Kerch bridge in the Kerch Strait, Crimea on October 08, 2022.

Persons: —, Molfar, Vasyl Malyuk, Vladimir Putin's, Kyrylo Budanov, Artem Starosiek, Vera Katkova, Starosiek, Putin, Oleksii Neizhpapa, Volodymyr Zelenskyy, Inna Sovsun, Sovsun, Artem Organizations: Service, Business, Ukraine's Security Service, The Telegraph, Anadolu Agency, Getty Locations: Russia, Kerch, Ukraine, Crimea, Russia's Rostov, Ukrainian

☆ Maersk Says Expanded Houthi Attacks Are Forcing More Delays
▼ + stars: | 2024-05-06 | by ( Peter Eavis | More About Peter Eavis | ) www.nytimes.com time to read: +1 min

Global shipping lines have become increasingly strained as the Houthi militia in Yemen broadens its attacks on cargo vessels, one of the largest companies in the industry warned on Monday. “The risk zone has expanded,” Maersk, the second-largest ocean carrier, said in a note to customers, adding that the stress was causing further delays and higher costs. Since late last year, the Houthis have been attacking ships in the Red Sea, which cargo vessels from Asia have to travel through to reach the Suez Canal. But in recent weeks, the Houthis have been trying to strike ships making that longer journey in the Indian Ocean. Because going around Africa takes longer, shipping companies have had to add more vessels to ensure that they can transport goods on time and without cutting volumes.

Persons: ” Organizations: ” Maersk Locations: Yemen, Red, Asia, Suez, Europe, Africa

☆ Microsoft signs deal with Swedish partner to remove 3.3 million metric tons of carbon dioxide
▼ + stars: | 2024-05-06 | by ( Spencer Kimball | ) www.cnbc.com time to read: +1 min

Microsoft signed a deal to remove to permanently remove 3.3 million metric tons of carbon dioxide with Swedish energy company Stockholm Exergi, the companies announced on Monday. The contract with Microsoft is the world's largest carbon removal deal to date, Stockholm Exergi said in a statement. Carbon dioxide released from those materials during incineration will be removed from the gas emitted from the plant, liquified for transport and permanently stored underground. Stockholm Exergi is selling carbon removal certificates, equivalent to 1 million metric tons of carbon dioxide, to help companies achieve their net-zero emissions goals. "Leveraging existing biomass power plants is a crucial first step to building worldwide carbon removal capacity," said Brian Marrs, Microsoft's senior director of energy and carbon removal, in a statement.

Persons: Stockholm Exergi, Anders Egelrud, Brian Marrs, Microsoft's Organizations: Microsoft, Stockholm Exergi Locations: Stockholm, Swedish, Europe

☆ China's hype video for its lunar base showed what looked like a NASA Space Shuttle lifting off, which it then realized and tried to fix
▼ + stars: | 2024-05-06 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

China's new teaser for its lunar base appeared to show a NASA Space Shuttle taking off. The Space Shuttle was later blurred out in a state media version of the CGI video. AdvertisementA new concept video showcasing China's planned lunar base appeared to feature a NASA Space Shuttle lifting off from the facility — a detail that was then omitted in a later broadcast of the clip. Related storiesIt's unclear if showing a Space Shuttle was intended by China's space administration, but the spacecraft using a Chinese base in 2045 would be nearly impossible. Beijing says it plans for its international lunar base to be built jointly by other countries as a collaborative effort.

Persons: —, CNSA, It's, Artemis Organizations: NASA Space Shuttle, Shuttle, Service, China National Space Administration, Research, American, NASA, Space, Orbiter, Getty, Orion Spacecraft, Elon, SpaceX, International Space, Space Shuttle, Business Insider Locations: China, Beijing

☆ An 'artificial sun' achieved a record-breaking fusion experiment, bringing us closer to clean, limitless energy
▼ + stars: | 2024-05-06 | by ( Jenny Mcgrath | ) www.businessinsider.com time to read: +8 min

A fusion reactor in southern France achieved a significant milestone toward clean, limitless energy. The fusion reactor, WEST, created a super-hot plasma and sustained it for a record-breaking 6 minutes. AdvertisementA fusion reactor in southern France, called WEST, just achieved an important milestone that brings us one step closer to clean, sustainable, nearly limitless energy. Fusion energy is more powerful than any form of energy we have today. Commercial fusion energy is still likely decades away, but Delgado-Aparicio thinks they're making steps toward "this big goal of giving energy to humankind."

Persons: —, Luis Delgado, Aparicio, PPPL's, they're, Roux, it's, Delgado, PPPL, Julian Stratenschulte, Tullio Barbui, Novimir Pablant, Delgadot, KSTAR Organizations: WEST, Service, New, Princeton Plasma Physics, NASA Solar Dynamics, CEA, Roux WEST, Getty, Atomic Energy Commission, ITER, Commonwealth Fusion Systems, SPARC Locations: France, Princeton, French

☆ AI could drive a natural gas boom as power companies face surging electricity demand
▼ + stars: | 2024-05-05 | by ( Spencer Kimball | ) www.cnbc.com time to read: +10 min

AI data centers alone are expected to add about 323 terawatt hours of electricity demand in the U.S. by 2030, according to Wells Fargo. The forecast power demand from AI alone is seven times greater than New York City's current annual electricity consumption of 48 terawatt hours. The natural gas industry is betting gas will serve as the preferred choice. Coal plant retirements and data centers could result in 6 bcf/d of new natural gas demand in EQT's backyard by 2030, the CEO said. The level of electricity demand could help lift natural gas prices out of the doldrums.

Persons: Kena, Goldman Sachs, Robert, Richard Kinder, Kinder Morgan, Kinder, Roger Read, Wells, Goldman, Toby Rice, Rice, CNBC's, Christopher Womack, Robert Blue, EQT, Jeremy Knop, Knop, Blue, Read, Lynn, Zack Van Everen, Robert Kinder Organizations: Linden, View Press, Getty, Amazon, Google, Microsoft, Meta, Rystad Energy, Robert Blue Dominion Energy, Gas, Holt, Co, EQT Corp, U.S ., Dominion Energy, Georgia Power, Southern Company, Dominion, Renewables, CNBC, Lynn Good, Energy Locations: Linden New Jersey, U.S, Wells, Wells Fargo, New York, Houston, Pickering, Northern Virginia, Georgia, Appalachian, Virginia, Gulf

☆ Britney Spears shared a photo of her bruised ankle and said she felt 'harassed' after paramedics responded to a 911 call to her hotel
▼ + stars: | 2024-05-03 | by ( Eve Crosbie | ) www.businessinsider.com time to read: +4 min

Multiple sources reported that early on Friday, Spears was seen barefoot outside the Chateau Marmont after an ambulance was called to the hotel in response to an injury. Paparazzi photos published by TMZ show Spears, 42, wearing just a pair of shorts, with a blanket wrapped around her, clutching a pillow in her arms. According to a LAFD spokesperson, the paramedic crew departed the Chateau Marmont just over 30 minutes later at 1:17 a.m. with an empty ambulance, as no one required transport to a hospital. AdvertisementIn the post's caption, Spears appeared to accuse her mom, Lynne Spears, of calling the paparazzi on her. Representatives for Spears and her mom did not respond to a request for comment from Business Insider.

Persons: —, Britney Spears, Spears, Chateau Marmont, Paul Richard Soliz, Sam Asghari, Jamie Spears, Lynne Spears Organizations: Service, West Hollywood, TMZ, Business, Entertainment, Los Angeles Fire Department, Chateau Locations: West, Boston

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