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A five-bedroom, five-bathroom unit at 432 Park Avenue was listed for $135 million back in 2021. Two years later, it's sold for less than half that to an anonymous buyer, The Real Deal reported. That same year, the 8,000-square-foot apartment on the 79th floor was put on the market for $135 million, according to The Real Deal. AdvertisementAdvertisementThis May, the asking price was lowered to $92 million, and the condo went into contract in August, per the real estate news outlet. The unit's listing agent, Noel Berk of Engel & Völkers, previously told The Real Deal that it was being marketed to Asian buyers.
Persons: it's, , hasn't, Noel Berk, Engel, Völkers Organizations: Service, Real, The New York Times, Engineers, Deal, Times Locations: New York City, Russian, Greek
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAmerica's billion-dollar tornado problemTornadoes are a billion-dollar problem in the United States. From 2018 to 2023, there have been 17 billion-dollar climate disasters involving tornadoes. The costs are expected to grow, but the U.S. is not helpless when it comes to tornado damage. Engineers know how to build stronger structures that can withstand high winds. Part of the challenge of creating more tornado resilience in the U.S. is that building codes are generally a local and a financial decision.
Organizations: Engineers Locations: United States, U.S
A NASA astronaut and two Russian cosmonauts returned to Earth on Wednesday after being stuck in space for just over a year. American Frank Rubio set a record for the longest U.S. spaceflight — a result of the extended stay. Rubio spent more than two weeks longer in space than Mark Vande Hei, who held NASA's previous endurance record for a single spaceflight. Russia holds the world record of 437 days, set in the mid-1990s. The Soyuz capsule that brought Rubio and cosmonauts Sergey Prokopyev and Dmitri Petelin back was a replacement launched in February.
Persons: Frank Rubio, Rubio, Mark Vande Hei, Sergey Prokopyev, Dmitri Petelin, Denmark’s Andreas Mogensen, Prokopyev, , ” Rubio Organizations: NASA, Earth, Soyuz, International Space, Engineers, Helicopters, Army, U.S . Naval Academy, Associated Press Health, Science Department, Howard Hughes Medical Institute’s Science, Educational Media Group, AP Locations: Kazakhstan, Russia, Point, Petelin
Authorities try to contain anger in aftermath of Libya floods
  + stars: | 2023-09-19 | by ( ) www.reuters.com   time to read: +5 min
A week after a flood wiped out much of the centre of the city, furious Derna residents demonstrated on the streets and torched the home of the mayor overnight. They accuse the authorities of failing to maintain the dams that protected the city, and failing to evacuate residents before the storm. "Haftar's forces are under pressure to show they have control of the situation, and that they can handle the fallout. A spokesperson for the state-owned Libyan Telecommunications Holding Company, Mohamed Albdairi, told Libya Alahrar television that the communications had gone down in the area because some fiber optic cables had been severed. [1/6]Volunteers carry victims of a powerful storm and heavy rainfall that hit Libya to bury them at a cemetery in Derna, Libya September 19, 2023.
Persons: Derna, Khalifa Haftar, Tim Eaton, Mohamed Albdairi, Hichem Abu Chkiouat, Zohra, Antonio Guterres, Abdulmenam, Muammar Gaddafi, Mansour, Peter Graff, Tom Perry, Alexandra Hudson, William Maclean, Mark Heinrich Our Organizations: Communications, The United Nations Office, Humanitarian Affairs, Libyan Telecommunications Holding Company, Engineers, Reuters, Volunteers, REUTERS, World Health Organization, General Assembly, Libyan National Army, Islamic, Thomson Locations: Derna, Benghazi, Libya's, Libya, York, U.N, Islamic State, al Qaeda
It’s true that the Ukrainian counteroffensive debuted with conspicuous setbacks and hasn’t advanced as much as hoped. Moreover, land seized by Russia earlier has been used to strike ever deeper into Ukraine, making restoring defensible borders an existential concern. But Kyiv got the ammunition needed to sustain the counteroffensive longer while awaiting expanded factory production of conventional shells in 2024. Putin miscalculated disastrously when he invaded in Ukraine, so he’s now hoping to outlast Western support for Ukraine to rescue what spoils he can. But failing to do so now could entail the US, Europe and Ukraine paying a much higher price later.
Persons: Sébastien Roblin, CNN —, Ukraine’s, Sebastien Roblin, wail, Vladimir Putin, hasn’t, Ukraine didn’t, Sergei Shoigu, Valery Gerasimov, Biden, Bradley, Abrams, Putin miscalculated, he’s, Donald Trump, George McClellan, McClellan Organizations: Georgetown University, Peace Corps, CNN, Kremlin, GOP, Ukrainian, Engineers, British Royal United Services Institute, Defense, US, Lincoln Locations: China, Ukraine, Washington, Russia, Kherson, Ukrainian, Crimea, India, Robotyne, Verbove, Tokmak, Melitopol, NATO, British, Europe, Appomattox
Entry-level software engineers can make over $170,000 in total compensation at Meta and Google, Blind found. Blind reported that Meta and Google have higher pay for entry-level engineers than Apple and Amazon do. AdvertisementAdvertisementEngineers fresh out of college could make over $170,000 at tech companies like Meta and Google, according to recent data from Blind. Glassdoor put the median total annual compensation for an entry-level software engineer at about $198,000 for Meta and about $202,000 for Google. Meanwhile, Glassdoor estimates the median total compensation for entry-level software engineers in the US across the industry is about $105,207.
Persons: Blind, Glassdoor, Meta Organizations: Meta, Google, Apple, Blind, Morning, Engineers, Microsoft, Big Tech
The new remote control tower is seen between traffic cones at London City Airport, Britain, April 29, 2021. REUTERS/John Sibley/File Photo Acquire Licensing RightsLONDON, Aug 28 (Reuters) - Britain's National Air Traffic Service (NATS) was forced to restrict the flow of aircraft on Monday as it works to address a technical issue, it said, with airlines and airports warning of delays and cancellations. "We are currently experiencing a technical issue and have applied traffic flow restrictions to maintain safety. Engineers are working to find and fix the fault," a spokesperson said, adding that UK airspace was not closed. Earlier Scottish airline Loganair said on social media site X, previously known as Twitter, that there had been a network-wide failure of UK air traffic control computer systems, warning international flights may face delays.
Persons: John Sibley, Loganair, NATS, Kylie MacLellan, Mitch Phillips, Louise Heavens, Jason Neely, Alison Williams Organizations: London City Airport, REUTERS, Air Traffic Service, Engineers, Scottish, London Luton, Birmingham, British Airways, Dublin Airport, Reuters, Thomson Locations: Britain, Budapest
If someone gets pregnant in space, the radiation could harm them or their embryo, scientists say. Space companies could end up with lawsuits and bad press if they don't talk to tourists about this. SpaceXIt may not even be possible to get pregnant in space, but it's probably not worth taking the chance. That's partly because space research has long been dominated by government agencies. Their findings may not be applicable to humans at all, but they offer hints that reproductive functions could be affected by space radiation and microgravity.
Persons: Jeff Bezos, Richard Branson, Origin's, Yusaku Maezawa, Dennis Tito, Sharon, Marc Hagle, Kris Lehnhardt, Lehnhardt, it's, hasn't, Sally Ride, Walter Villadei, Elon Musk, Ludovic Marin, We're, David Cullen, Cullen, Gonzalo Fuentes Organizations: Service, Shepard, Virgin, SpaceX, NASA, Engineers, Virgin Galactic, Chateau, Cranfield University, Reuters Locations: Wall, Silicon, Boca Chica , Texas, Versailles, Paris
It’s Toxic Slime Time on Florida’s Lake Okeechobee
  + stars: | 2023-07-09 | by ( ) www.nytimes.com   time to read: +14 min
For thousands of years, Lake Okeechobee pumped life into Florida’s swampy interior. Lake Okeechobee 10 miles Lake Okeechobee 5 miles Lake Okeechobee 5 miles Algal bloom extent on June 12 Source: Satellite image by Landsat By Leanne AbrahamRainy season is just starting, but by late June the lake’s level was roughly two feet higher than the United States Army Corps of Engineers would like. Sunrise over Pahokee and Lake Okeechobee. “Like clockwork.”Similar outbreaks have struck lakes elsewhere, including Lake Champlain, Lake Erie and Lake Tahoe. Equally challenging to grasp is the idea that the whole new lake, as big as it sounds, will fill to capacity if only six inches of Lake Okeechobee is sent its way.
Persons: Ian, Fort Myers, Stuart —, Leanne Abraham Rainy, , Star Robinson, it’s, Herbert Hoover, Palm Beach Herbert Hoover, Leanne Abraham, Gil Smart, Robinson, It’s, Herbert Hoover Dike, Roy Senff, Okeechobee’s outflows, Sherwin, Williams, Hoover, Stuart, Nature, Col, James Booth of, Tim Harper, , Biden, Ron DeSantis, Eric Eikenberg, Bill Mitsch, Mother Nature, Floridians, Stefani Hughes, Smart, VoteWater aren’t, They’re Organizations: United States Army Corps, Engineers, Army Corps of Engineers, Orlando Area, Air, Palm Beach Herbert, Everglades, States Geological Survey, Everett, Inc, Fort, Florida Water Management District, Florida Legislature, Gov, Everglades Foundation, Research, Florida Gulf Coast University Locations: Okeechobee, Fort, Pahokee, Lake Okeechobee, Ala, Orlando, Fla, Kissimmee, Florida, Myers, Gulf, Mexico, Miami, Ga, Palm, Everglades Miami, Lake Champlain, Lake Erie, Tahoe, Stuart, U.S.D.A, Manhattan, South Florida
How to Start Accounting for Carbon
  + stars: | 2023-07-04 | by ( Dieter Holger | ) www.wsj.com   time to read: +9 min
Start with the easier stuffBegin with the more straightforward direct emissions from operations and energy purchases—so-called Scope 1 and 2 emissions. On its website, the company provides emissions data for computers and its sustainability-linked sales rose to $3.5 billion in 2021, about 5% of total sales. For HP and Nestlé, more than 95% of their carbon footprint is Scope 3 emissions. To make Scope 3 accounting more accurate, companies can add data that comes directly from their suppliers, if it is available. Businesses can also work together with their suppliers and customers to provide some training and resources to help them get their own carbon accounting in order.
Persons: James McCall, Benjamin Ware, Holcim, Magali Anderson, HP’s McCall, ” McCall, Nestlé’s Ware, , McCall, GaBi, Nestlé, ” Ware, Don’t, Holcim’s Anderson, Elisabeth Real “, , Dieter Holger Organizations: Sustainable Business, HP, World Wildlife Fund, Environmental Defense Fund, Nestlé, Schneider, Engineers, Finance, WWF, Schneider Electric, Food, dieter.holger Locations: U.S, Europe, Texas
Buhler says the biggest difference he sees in the AI landscape today is the accessibility of the technology. LLMs, he adds, didn't change "everything under the hood, they changed the interface and the way people can interact with AI." With almost any company able to integrate AI into any application, he invests in startups that use AI as real leverage. In the most recent CNBC Technology Executive Council survey, nearly half of the companies (47%) said that AI is their top priority for tech spending over the next year. In fact, AI budgets are more than double those of cloud computing, the second-biggest spending area at 21%.
Persons: Konstantine Buhler, Buhler Organizations: Microsoft, Engineers, Sequoia Capital, CNBC Technology, CNBC Locations: Brussels, Belgium, San Francisco
97% of the decision makers who responded to the survey say a shortage of mechanical engineering talent is on its way. "Unfortunately, there are not enough students graduating with engineering degrees to meet this growing demand," Evans told Insider over email. 97% of respondents believe AI will impact product development and manufacturing tasks like quality control and product design. 62% of decision makers say they are training their existing workers in AI tech to improve their workflows. Now, it's only a matter of time before the manufacturing industry adopts AI.
Persons: Fictiv, Dave Evans, Evans Organizations: Engineers
The military said it had reclaimed the village of Storozhove early Monday, suggesting it had crossed the Mokri Yaly River from its positions in the village of Blahodatne. The combat with tanks, armored vehicles, howitzers, drones and infantry is happening on farmland near the small river that loops around the villages now changing hands in the fighting. Ukraine did not dispute those claims of losses last week, even as it gave signals that the long-awaited push was underway. It also appeared that flooding after the destruction of the Kakhovka dam on the Dnipro River in southern Ukraine had done little to slow Ukraine’s advance. The Ukrainian military said on Monday that Russia had also blown up a dam on the Mokri Yaly River to thwart Ukrainian crossings.
Persons: Tyler Hicks Organizations: 28th Mechanized Brigade, ., The New York Times, Ukrainian Volunteer Forces, Engineers Locations: Bakhmut, Ukraine, Storozhove, Blahodatne, Russia, United States, Dnipro, Zaporizhzhia
The Apple Vision Pro is significantly more powerful than nearly all competing products on the market. Huge specsThe new Apple Vision Pro headset is displayed during the Apple Worldwide Developers Conference on June 05, 2023 in Cupertino, California. A new interfaceApple Vision Pro Source: AppleJust as the iPhone did, the Apple Vision Pro introduces a new kind of user interface. Apple Vision Pro Source: AppleEye tracking often uses small sensors to see where the user's gaze is resting. The Apple ecosystemApple CEO Tim Cook stands next to the new Apple Vision Pro headset.
Persons: what's, Inbar, Tipatat Chennavasin, Apple, Justin Sullivan, Avi Greengart, Chennavasin, Jamin Hu, Steve Kovach, Hu, Mac, Tim Cook, Sean Mann, Greengart, Mann Organizations: Apple, Engineers, University of Utah, Nintendo, Microsoft, Meta, Google, Sony, Nvidia, Fund, Superventures, Venture, Apple Vision, Apple Worldwide, Apple Vision Pro, Vision, Getty Locations: Cupertino , California, Apple's, iPhones
Tech companies are cutting costs in certain areas to focus spending on AI. See how much tech companies pay employees specializing in AI. However, one area where tech companies are investing is artificial intelligence. Google and other Big Tech giants are competing for talent against new entrants, most notably OpenAI, which created the AI chatbot ChatGPT and is one of today's hottest rising tech companies. Because of this, talented engineers with AI skills can command big salaries, despite tech workers having less power now than in recent history.
Persons: they're Organizations: . Engineers, Tech, Google, Big Tech, Engineers
And yet, the Grand Canyon remains yoked to the present in one key respect. The Colorado River, whose wild energy incised the canyon over millions of years, is in crisis. Down beneath the tourist lodges and shops selling keychains and incense, past windswept arroyos and brown valleys speckled with agave, juniper and sagebrush, the rocks of the Grand Canyon seem untethered from time. The Grand Canyon is a planetary spectacle like none other — one that also happens to host a river that 40 million people rely on for water and power. At Mile 0 of the Grand Canyon, the river is running at around 7,000 cubic feet per second, rising toward 9,000 — not the lowest flows on record, but far from the highest.
Persons: windswept, Davis, John Weisheit, , , Mead Hoover, Powell, Daniel Ostrowski, Victor R, Baker, . Baker, Lake Powell, Dr, Ed Keable, wouldn’t, Jack Schmidt, Schmidt, , Alma Wilcox, “ There’s, we’ve, Nicholas Pinter Organizations: Rockies, York Times, University of California, Utah Glen, Lake, Mead, Recreation, Hualapai, CALIF, ARIZ . Utah Glen, Lake Mead, Area, Forest Utah, Engineers, University of Arizona, of Reclamation, National Park Service, Center, Colorado River Studies, Utah State University Locations: Colorado, The Colorado, North America, Utah, Powell, Lake Mead, Arizona, . UTAH COLO, N.M, ARIZ . Utah, Mead, NEV . UTAH COLO, Glen, ARIZ, Hopi, Nevada, Lake Powell, Arizona , California , Nevada, Mexico, Davis, Little Colorado, tamarisk, gesturing
Apple's new mixed-reality headset, the Vision Pro, was unveiled on Monday. The internet has been having a field day dunking on Apple's new $3,499 mixed-reality headset, the Vision Pro. Vision Pro has been years in the making, reportedly with some setbacks and product-design compromises along the way. Yet, it may have one fatal flaw — the Vision Pro was just another pair of nerd goggles that would make most people look decidedly uncool, Insider's Alistair Barr wrote on Tuesday. "This sounds like the disappointed crowd from Wii sports," a tweet about the viral video said.
Persons: Insider's Nicholas Carlson, Insider's Alistair Barr, Apple's, barreling, gwyneth paltrow, Anne Hathaway, It's, Steve Jobs, — Robert Evans, Robert Evans Organizations: Vision, Morning, Worldwide, Twitter, Wii, Apple Locations: Cupertino
Apple's new mixed-reality headset, the Vision Pro, was unveiled on Monday. The internet has been having a field day dunking on Apple's new $3,499 mixed-reality headset, the Vision Pro. Vision Pro has been years in the making, reportedly with some setbacks and product design compromises along the way. Yet, it may have one fatal flaw — the Vision Pro is just another pair of nerd goggles that will make most people look decidedly uncool, Insider's Alistair Barr wrote on Tuesday. And ever since the announcement, people have been relentlessly mocking Apple's first major product launch in over eight years.
Persons: Insider's Nicholas Carlson, Insider's Alistair Barr, Apple's, AppleVisionPro, barreling, gwyneth paltrow, that's, Anne Hathaway, It's, Steve Jobs, — Robert Evans, Robert Evans Organizations: Vision, Morning, Worldwide, Twitter, Wii, VR, Apple Locations: Redfin, Cupertino
To get to and from the space station, NASA currently relies on SpaceX, the company founded by Elon Musk. But NASA has also hired Boeing to build a capsule, so that one can serve as a backup if something goes wrong with the other. Boeing’s Starliner capsule has flown to orbit twice already with no astronauts aboard. “This is just part of the business to have these kinds of issues.”What’s Next: Boeing and NASA will assess repairs. After re-entering Earth’s atmosphere, the Starliner capsule returns to Earth gently under three parachutes.
Persons: Elon Musk, Steve Stich, , Mark Nappi, Stich, Nappi, Mr Organizations: NASA, SpaceX, Elon, Boeing, Soyuz, Starliner, Engineers
A Poisonous Cold War Legacy That Defies a Solution
  + stars: | 2023-05-31 | by ( Ralph Vartabedian | ) www.nytimes.com   time to read: +1 min
From 1950 to 1990, the U.S. Energy Department produced an average of four nuclear bombs every day, turning them out of hastily built factories with few environmental safeguards that left behind a vast legacy of toxic radioactive waste. Nowhere were the problems greater than at the Hanford Site in Washington State, where engineers sent to clean up the mess after the Cold War discovered 54 million gallons of highly radioactive sludge left from producing the plutonium in America’s atomic bombs, including the one dropped on the Japanese city of Nagasaki in 1945. Cleaning out the underground tanks that were leaching poisonous waste toward the Columbia River just six miles away and somehow stabilizing it for permanent disposal presented one of the most complex chemical problems ever encountered. Engineers thought they had solved it years ago with an elaborate plan to pump out the sludge, embed it in glass and deposit it deep in the mountains of the Nevada desert.
Organizations: U.S . Energy Department, Engineers Locations: Hanford, Washington State, Nagasaki, Columbia, Nevada
The biggest hedge funds are battling it out to attract and retain top talent and outperform peers. Insider has talked to a number of hedge funds to get a peek into their recruiting strategies. Shaw, and Bridgewater are in constant competition for the best and brightest to help them gain an edge in the cutthroat investment industry. Internships and fellowshipsThe opaque and secretive world of hedge funds might not necessarily be an obvious choice for many college graduates. Investment training programsTypically, hedge funds acquired their investment talent after a few years of working at an investment bank.
WASHINGTON, April 28 (Reuters) - Some Federal Aviation Administration (FAA) engineers recommended grounding the Boeing (BA.N) 737 MAX in March 2019 after a second fatal crash and before the agency took action, a report released Friday said. The Transportation Department's Office of Inspector General said in a report that its review of emails and interviews of FAA officials revealed individual engineers recommended "grounding the airplane while the accident was being investigated based on what they perceived as similarities" between two fatal Boeing 737 MAX crashes in Indonesia and Ethiopia. The report FAA officials "expressed frustration that foreign civil aviation authorities were grounding the aircraft before they had data that linked the two accidents." "We also continue to look for additional opportunities to apply lessons learned from the Boeing 737 MAX's return to service," the agency said Friday. The inspector general added the engineer's risk analysis was not completed and did not go through managerial review citing a lack of detailed flight data.
The Starship spacecraft, which stands at 164 feet (50 meters) tall, rides atop the rocket. The Starship rocket sits on the SpaceX Starbase in Boca Chica, Texas, on April 15, 2023. In the lead-up to the first launch of the company’s Falcon Heavy rocket, which held the title of most powerful rocket before NASA’s Space Launch System took flight last year, Musk foresaw only a 50-50 chance of success. “People (came) from all around the world to see what will either be a great rocket launch or the best fireworks display they’ve ever seen,” Musk told CNN at the time. The inaugural Falcon Heavy launch in 2018 was ultimately successful.
RittalConversational artificial intelligence that can be used to communicate with equipment and generate machine parts. These are just a few of the technologies that will power the factories of the future, according to technologists and industry experts who spoke with CNBC. Floyd said that Google is already working to achieve this with natural language processing capabilities in its AI tools. "In the future, there is potential to generate content from and for many types of manufacturing equipment, ranging from specific repair instructions to software code that is tailored to a specific asset." Many manufacturers see potential in the "industrial metaverse," a version of the metaverse tailored to the manufacturing, construction and engineering industries.
Insider has talked to a number of hedge funds to get a peek into their recruiting strategies. Sign up for our newsletter to get the latest stories in hedge funds, PE, fintech, and banking — delivered daily to your inbox. Shaw, and Bridgewater are in constant competition for the best and brightest to help them gain an edge in the cutthroat investment industry. Internships and fellowshipsThe opaque and secretive world of hedge funds might not necessarily be an obvious choice for many college graduates. Investment training programsTypically, hedge funds acquired their investment talent after a few years of working at an investment bank.
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