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Rome CNN —Two people were killed and at least 13 injured Tuesday when an elevated walkway collapsed in a condemned Italian slum notorious for its links to organized criminal groups. The Italian Fire Brigade said a 29-year-old man and a 35-year-old woman were killed in the collapse at the Le Vele housing slum in the Neapolitan suburb of Scampia. More than 800 people were living as squatters in the apartment complex at the time, including 300 children, according to the fire brigade. The housing complex, built in the 1970s and 1980s, originally consisted of four apartment buildings shaped like sails (“vele”) joined by elevated walkways. After the order to clear the complex in 2020, the local municipality launched a redevelopment project to house those still living at La Vele.
Persons: Rome, Roberto Saviano’s “, Gaetano Manfredi, ” Manfredi, Giorgia Meloni, Organizations: Rome CNN, Italian Fire Brigade, Le, Camorra Locations: Neapolitan, Scampia, La, Italian
In a busy port city along Pakistan’s southwestern coast, a newly built security barrier and hundreds of new checkpoints safeguard Chinese workers. Across Pakistan, authorities are hurrying to bolster security for Chinese workers after a surge in militant violence targeting Chinese-funded megaprojects. That investment in Pakistan, which began in 2015 as part of China’s Belt and Road Initiative, involves around $60 billion of planned projects. Tens of thousands of Chinese workers are thought to be in Pakistan, though estimates vary widely. Chinese investment has proved critical since support from the United States tapered off after the war in neighboring Afghanistan ended in 2021.
Organizations: Initiative Locations: Pakistan’s, Karachi, Islamabad, Pakistan, United States, Afghanistan
Noemi Cassanelli/CNNA man works at Shaikh’s workshop in Dharavi slum on April 14. “All slum redevelopment is quite fraught,” Kamath said. Noemi Cassanelli/CNNWomen chatting in Dharavi on April 14 Noemi Cassanelli/CNNA woman carrying fabric walks along a narrow alley in Dharavi on April 14. He is India’s largest airport operator and owns India’s biggest private port operator and private thermal power operator. The state and Adani deny any wrongdoing, but that hasn’t stopped many residents from viewing Adani and his government ties with suspicion.
Persons: Noemi Cassanelli, Masoom Ali Shaikh, , , Gautam Adani, Jeff Bezos, ” Adani, ” Shaikh, ” Lofty, Dharavi, they’re, Lalitha Kamath, ” Kamath, aren’t, Dilip Gabekar, Narendra Modi, Adani, , Gabekar, Shaikh, They’re, Baburao Mane, Mane, CNN Neeta Jadhav, Neeta Jadhav, Jadhav, Dhanshuk Purshottamwala, He’s, Kamath, Prasant, hasn’t, Modi, ferociously, Reshma Prasant Organizations: CNN, India CNN, Adani, Tata Institute of Social Sciences, Reuters, Adani Enterprises, Bharatiya Janata Party, Private, Manohar Joshi, NDTV Locations: Mumbai, India, CNN Mumbai, Dharavi, Uttar Pradesh, Gujarat, Tamil Nadu, , Adani, Maharashtra, It’s, India’s
With New York on the verge of becoming the first city in the nation to adopt congestion pricing, a sudden, familiar chill fell over the city last week, as another ambitious project was shelved. This time, it was Gov. Chris Christie of New Jersey. In the adjoining garbage bin lies other big development projects like a football stadium on Manhattan’s West Side and smaller initiatives with potentially outsize impact, like all-door bus boarding. For a place where change is the rule and unbridled ambition the guiding light, New York can be a remarkably hard place to get things done.
Persons: Kathy Hochul, Chris Christie Organizations: York, La Guardia Airport, Port Authority, Queens, Gov Locations: Staten Island, La, Brooklyn, Hudson, New Jersey, New York
Read previewOne of the most persistent concerns around generative AI is whether the technology will put workers out of a job. Github Copilot can write a lot of code these days, so is it even worth studying computer science now? There's a new data point that helps answer at least part of this question: Students are still lining up in droves to take computer science in college. Related VideoFirst-year applications to UC Berkeley's College of Computing, Data Science, and Society CDSS increased 48% this year. "Generative AI can speed up the more mundane parts of software development, and software developers tend to adopt efficiency tools quickly," he added.
Persons: , That's, Jennifer Chayes, Gavin Newsom, Fei, Fei Li, There's, John DeNero, He's, DeNero Organizations: Service, Business, University of California, UC Berkeley's College of Computing, Data Science, UC Berkeley, Berkeley's College of CDSS, Stanford, Joint California, Science, Google, Berkeley Locations: University of California Berkeley, San Francisco, Lilt
In a filing on Monday, AEP Ohio asked the state's public utilities commission to approve its proposals to create a new customer class and a set of tariffs specifically for data centers. On the other hand, data centers have created roughly "less than one" full time job per megawatt of energy consumed, the filing said. AEP Ohio's new service queue has been paused since March while the company assesses its response to the 30,000 megawatts of requests from data centers. "We believe some of that queue is speculative, but we want the real customers and counterparties to commit to Ohio," Reitter said. AdvertisementSome states, including Ohio, have a statute that allows power companies and data centers to seek approval for agreements that give the data centers heavily discounted electricity.
Persons: , Marc Reitter, Reitter, counterparties Organizations: Service, AEP Ohio, Business, American Electric, AEP, , AEP Ohio's, ratepayers Locations: Ohio, Columbus , Ohio, New York
Shares of Wynn Resorts popped 2% in after-hours trading Tuesday after the casino operator reported stronger-than-expected quarterly results, driven by the Super Bowl in Las Vegas and the recovery in China's Macao region. Macao It was a double beat in Macao, with both properties (Wynn Palace and Wynn Macao) reporting revenue and profit results better than Street expectations. Las Vegas Las Vegas put up a record first quarter of adjusted property EBITDAR. The Wynn Las Vegas resort and casino at dusk in Las Vegas, Nevada, US, on Monday, May 8, 2023. Wynn Resorts Ltd. is scheduled to release earnings figures on May 10.
Persons: We're, , DraftKings, Wynn, Jim Cramer's, WYNN, Jim Cramer, Jim, Bridgett Bennett Organizations: Wynn Resorts, Super, LSEG, Vegas Sands, MGM Resorts International, Wynn, Vegas Las, Super Bowl, Management, CNBC, Wynn Resorts Ltd, Bloomberg, Getty Locations: Las Vegas, China's Macao, Las Vegas , Boston, Macao, China, Vegas, Wynn Macao, Vegas Las Vegas, Boston, UAE, Las Vegas , Nevada
Bondi Junction, the area of Sydney, Australia, where Saturday’s stabbings took place, is a bustling hub that regularly draws crowds on weekends. The shopping area’s early development in the 1970s made it one of Australia’s largest development projects. And during a major renovation in 2005, it was known as one of the largest shopping centers in the Southern Hemisphere. An array of small businesses, including cafes and yoga studios, have sprung up in the area, making it an attractive meeting ground. That includes the famous Bondi Beach, which means that on any given weekend, tourists and backpackers are in the mix along with residents of the area.
Persons: Saturday’s stabbings, Chanel, Gucci Organizations: Southern Hemisphere Locations: Sydney, Australia, Westfield, Bondi
In this article BALY Follow your favorite stocks CREATE FREE ACCOUNTAn exterior view shows the Tropicana Las Vegas at dusk on March 29, 2024 in Las Vegas, Nevada. David Becker | Getty ImagesAs the famous Tropicana in Las Vegas closes its doors Tuesday, its operator Bally's Corporation is facing its own existential battle. Standard General owns about 23% of Bally's stock, it said last month. An exterior view shows the Tropicana Las Vegas on March 29, 2024, in Las Vegas, Nevada. Bally's market cap stands at little more than half a billion dollars.
Persons: David Becker, Soo Kim, Kim, it's, Dan Fetters, Edward King, Fetters, King, Bally's, It's, George Rose, Chris Grove, Jim Murren, Jess Golden Organizations: Tropicana, Getty, Bally's, Standard, Growth Capital, Las, Trump, Tahoe, Chicago, Major League Baseball's Athletics, Leisure Properties, New, Acies, MGM Resorts International, CNBC Locations: Las Vegas , Nevada, Las Vegas, New York City, Stateline , Nevada, Seminole, Florida, Nevada, Oakland, Vegas
Opinion | Can Intel Serve Two Masters?
  + stars: | 2024-03-29 | by ( Peter Coy | ) www.nytimes.com   time to read: +2 min
This week I interviewed Pat Gelsinger, the chief executive of Intel, which is one of the most important companies in the United States. To Biden and Commerce Secretary Gina Raimondo, the special thing about Intel is that it doesn’t just design chips in the United States, as, for example, the current stock market darling Nvidia does. It’s planning to spend $100 billion over five years on manufacturing and research and development projects in Arizona, New Mexico, Ohio and Oregon. While all three of those rivals have some U.S. production, Intel is the only one that has U.S. headquarters and its most advanced production and process technology R & D in the United States. Raimondo, at the announcement in Arizona, called Intel “America’s champion semiconductor company.”
Persons: Pat Gelsinger, Biden, Gina Raimondo, , Raimondo, Organizations: Intel, Biden, Nvidia, Commerce Department, T.S.M.C, Samsung Locations: United States, Arizona , New Mexico , Ohio, Oregon, Taiwan, South Korea, Abu Dhabi, Arizona
LOS ANGELES (AP) — Former Los Angeles Deputy Mayor Raymond Chan was convicted Wednesday of racketeering, bribery, fraud and giving false statements to investigators in a sprawling pay-to-play corruption scandal at City Hall. The federal jury reached the guilty verdict less than 24 hours after lawyers finished closing arguments, the Los Angeles Times reported. This was Chan’s second trial in the bribery case involving downtown Los Angeles real estate development projects. “This case was, and always has been, about Jose Huizar,” Hanusz said. Chan, while working with developers, was motivated not by greed but by a desire to make Los Angeles more business-friendly, Hanusz said.
Persons: Raymond Chan, John Hanusz, Harland Braun, Brian R, Faerstein, Chan, Jose Huizar, Chan “, ” Chan, Huizar, Salvador Huizar, ” Hanusz, Hanusz, Eric Garcetti Organizations: ANGELES, Former Los Angeles, City Hall, Los Angeles Times, Prosecutors, U.S, City, Times, Department of Building, Safety Locations: Los Angeles, City, Las Vegas
AdvertisementMindy Wight, CEO of the Squamish development group building Sen̓áḵw, called it "the creation of a modern Squamish village" in an interview with Business Insider. Canada's federal auditor general recently condemned a "distressing and persistent pattern of failure" by federal programs designed to support First Nations housing and infrastructure, among other services. The housing projects aren't the only major developments underway on indigenous land in Canada. There are no housing or infrastructure developments on US tribal land that match the scale of the First Nations projects in Canada. While some Native American tribes have spearheaded significant housing projects, most indigenous-owned land in the US isn't in the most valuable housing markets.
Persons: , it's, Mindy Wight, Sen̓áḵw, Brennan Cook, Cook, Heather, reaps, Elisa Campbell, Jericho, Campbell, Heather Lands, Sen̓áḵw, Gordon Price, Price, Tyler Harper, aren't, Michelle Cyca, Alex Armlovich, Armlovich, Noah Smith Organizations: Service, Nations, First Nations, Business, Nation, MST, Corporation, MST Development Corporation, Vancouver City, Canada Lands Company, Energy, Technologies, British Columbia, CBC Vancouver, Bates, Niskanen Locations: Canada, Vancouver, Squamish, Squamish Nation, Wight, Jericho, British, American, MacLean's, Canadian
A special cover is used on a farm's waste collection areas (known as slurry lagoons) to catch methane emissions that would otherwise escape into the air. CNH IndustrialThe potential of the methane tractor extends far beyond the farm. Industry leaders pulled together to work on the projectThe success of the methane tractor project is testament to the power of collaboration. Beyond the agricultural sector, the methane tractor project holds promise for transforming the entire automotive sector. By demonstrating the viability of alternative fuel technologies in heavy-duty vehicles, this initiative paves the way for a more sustainable future in transportation.
Persons: Andrew Damant, CNH, Derek Neilson, Eminox, David Phillips, Neilson Organizations: UK's Department for Business and Trade, Advanced Propulsion Centre, Eminox, Mobile, Automotive Transformation Fund, Advanced, Industry, Insider Studios, UK Department for Business, Trade Locations: Cornwall, Europe, CNH, New Holland
But as Russia's bloody war in Ukraine enters its third year, and the threat to NATO countries, particularly those on Russia's borders, grows, the Baltic states are investing in their defense more than ever. Shawn CooverThe talk came just on the heels of Trump's most recent attack on NATO members who he deems aren't paying their 'fair share." Last week, the former president said that he would keep the US in NATO should European countries pay and "play fair." He said the US "was paying 90% of NATO," and that without the US, NATO "literally doesn't even exist." "We've reinstated conscription, so we're building up our armed forces," an unpopular move that Latvian President Edgars Rinkēvičs is pushing other NATO members to do, too.
Persons: , Donald Trump, Margus Tsahkna, Vladimir Putin, Tsahkna, Shawn Coover, Trump, ALAIN JOCARD, Olaf Scholz, Emmanuel Macron, isn't, Macron, Krišjānis Kariņš, Kariņš, Thomas Wiegold, We've, Edgars Rinkēvičs, Rinkēvičs Organizations: Service, NATO, Business, Hudson Institute, Washington DC, Estonian, US Marine Corps, Staff, Getty, Latvian, Financial Times Locations: Ukraine, Baltic, Washington, Lithuania, Latvia, Estonia, Russia, Russian, China, Europe, NATO, Poland, estonian, Rakvere, AFP, Baltics, France, Germany, Russia's, Greece, Belarus, Finland, Romania, Hungary
As part of this initiative, the Aerospace Technology Institute program will provide support for R&D projects through 2030. This commitment extends the Aerospace Technology Institute (ATI) program until 2030, which supports mid-stage research and development projects led by industry. Another recipient of the ATI program funding is Vertical Aerospace, the UK's pioneer of electric aviation. Smaller businesses reap the benefits of funding programsA key focus of the program is funding projects by SMEs. The UK's long-term vision for civil aerospace is developed through the Aerospace Growth Partnership (AGP), which is a strategic partnership between the UK government, industry, and academia to secure the future of UK Aerospace.
Persons: Paul Griffiths, Dominic Weeks, ZeroAvia, Stuart Simpson, Simpson, Sylatech, Gordon Gunn, MeltX, Griffiths Organizations: Aerospace Technology Institute, ATI, Aerospace, UK Department for Business, Trade, Dornier, ZeroAvia Investment, Cranfield University, Alloyed, University of Sheffield, Aerospace Growth, UK Aerospace, Farnborough, Manufacturing, Insider Studios, UK's Department for Business Locations: North Yorkshire
Investing without owningLike real-estate investment trusts (REITs), real-estate funds provide exposure to the tangible asset class without owning and managing property. Investing directly through a private real-estate fund would take a few extra steps. The process requires an investor to identify a real-estate fund of interest. Once that's completed, funds from the retirement account are directly transferred into the real-estate fund. It's also important to read the terms of each fund; some may have added costs for repairs, expenses, and maintenance, which your IRA funds would cover.
Persons: Paul Daneshrad, Daneshrad, He's, we're, Dow, there's, Roth, that's, Gary Diamond, Fishman, Diamond, It's Organizations: Starpoint, Business, Federal, CPA
CNN —The last few weeks have brought unthinkable upheaval in Haiti, a country that is no stranger to tragedy and suffering. Nothing can compare to the current upheaval in Haiti though, and I would expect new waves of Haitians to seek refuge on foreign shores. Haiti needs help combating corruption and loosening the stranglehold that the country’s oligarchic masters have on its economy. He remains sequestered in Haiti however, because he knows that leaving would mean his business would be looted and pillaged. Although formidable challenges lie ahead, the path to peace and stability in Haiti is possible with help from Washington.
Persons: Garry Pierre, Pierre, Gary Pierre, Ariel Henry, Henry, , ‘ Papa Doc ’, François “ Papa Doc ” Duvalier, Jean, Claude “ Baby Doc ” Duvalier, Claude Duvalier, Bertrand Aristide, Duvalier, — Aristide, , Jimmy, Giles Clarke, Jimmy Cherizier, Guy Philippe, Aristide, Philippe, Cherizier, Henry’s, Uncle Sam, strongmen, America sneezes Organizations: Haitian Times, New York Times, World Trade Center, City University Graduate School, Journalism‘s Center for Community, Ethnic Media, CNN, Haitian, ., UN, Haiti, US, Haiti —, Caribbean, Alcohol, Tobacco, Firearms, Drug, Agency, America Locations: New York, Haitian, Haiti, Puerto Rico, Caribbean, France, Canada, Washington, Kenya, Nairobi, Port, Haiti’s, Africa, Delmas, Prince, Jamaica, America, Maryland
CNN —The last few weeks have brought unthinkable upheaval in Haiti, a country that is no stranger to tragedy and suffering. Nothing can compare to the current upheaval in Haiti though, and I would expect new waves of Haitians to seek refuge on foreign shores. After securing its independence, Haiti was subjected to neocolonialism and neglect by the global superpower on its doorstep, the US. Haiti needs help combating corruption and loosening the stranglehold that the country’s oligarchic masters have on its economy. He remains sequestered in Haiti however, because he knows that leaving would mean his business would be looted and pillaged.
Persons: Garry Pierre, Pierre, Ariel Henry, Henry, , ‘ Papa Doc ’, François “ Papa Doc ” Duvalier, Jean, Claude “ Baby Doc ” Duvalier, Claude Duvalier, Bertrand Aristide, Duvalier, — Aristide, , Jimmy, Giles Clarke, Jimmy Cherizier, Guy Philippe, Aristide, Philippe, Cherizier, Henry’s, Uncle Sam, strongmen, America sneezes Organizations: Haitian Times, New York Times, World Trade Center, City University Graduate School, Journalism‘s Center for Community, Ethnic Media, CNN, Haitian, ., UN, Haiti, US, Haiti —, Caribbean, Alcohol, Tobacco, Firearms, Drug, Agency, America Locations: New York, Haitian, Haiti, Puerto Rico, Caribbean, France, Canada, Washington, Kenya, Nairobi, Port, Haiti’s, Africa, Delmas, Prince, Jamaica, America, Maryland
With various North Slope oil production projects just ramping up, the years ahead look very promising for trucking in Alaska. Among the new North Slope activities is the ConocoPhillips Willow Project, which the Biden administration approved last year. A Doyon Drilling Inc. oil rig stands on the North Slope in Prudhoe Bay, Alaska, U.S., on Friday, Feb. 17, 2017. Daniel Acker | Bloomberg | Getty ImagesMeanwhile, the Pikka oil project by Australian company Santos is also taking shape on the North Slope, 50 miles west of Deadhorse. Most of the North Slope oil infrastructure (supplies, machinery, parts) is supplied by trucks that have to traverse the 414-mile Dalton Highway (Alaska Route 11).
Persons: Daniel Acker, Jeremy Miller, Carlile, Biden, Willow, Santos, Miller, Matt Jolly, Jolly, Joe Michel, Michel, Dalton, Jomo Stewart, axel, Stewart, Scott Kawasaki, Ashley Carrick, Kawaski, Kawasaki Organizations: Parker, Trans, Trans Alaska Pipeline System, Bloomberg, Getty, Transportation Systems, ConocoPhillips Willow Project, ConocoPhillips, Alaska Department of Natural Resources, Alaska West Express, Alaska Trucking Association, Caelus Energy, Fairbanks Economic Development Corp, Kinross, Food, Getty Images Bloomberg, Getty Images, Fairbanks, Kawasaki, Alaska Department of Transportation, Anchorage Daily News Locations: Prudhoe Bay , Alaska, U.S, Trans Alaska, United States, Alaska, Anchorage, Australian, Deadhorse, Prudhoe Bay, Dalton, Alaska West, North, Wawa, Harrison Bay , Alaska, Fairbanks, Fort Knox Alaska, Kinross, Tetlin , Alaska, Tetlin, Kinross Alaska, Getty Images Alaska
Two of the tech industry's biggest AI champions are backing Rep. Abigail Spanberger's run for governor of Virginia in 2025, campaign finance records show. Hoffman donated $250,000 on November 30, and Scott donated $125,000 on December 22. The donations, representing a total of $500,000 are the three largest individual contributions on record for Spanberger's campaign, which ended 2023 with over $3.6 million in funds received. Aside from their personal connections to the state, Virginia is home to the largest concentration of data centers in the world. Hoffman has previously donated over $300,000 to WinVirginia, a PAC that supports Democratic candidates in the state.
Persons: Abigail Spanberger's, Reid Hoffman, Kevin Scott, Hoffman, Scott, Shannon Hunt, Hunt, Prince William County, they're, Spanberger, Glenn Youngkin, Ohio US Sen, JD Vance, Joe Biden's, Nikki Haley, Ellen Thomas Organizations: Microsoft, Business, Democratic, Spanberger, University of Virginia, Culpeper ., CIA, Virginia Gov, Republican, LinkedIn, Ohio US, Trump Republicans, South Carolina Gov, PAC Locations: Virginia, Greylock, Prince William, Spotsylvania, Culpeper, Richmond, San Francisco Bay, Rural America, Silicon, Hampshire
This was nothing short of a communist invasion, in his eyes, and the patriots of Green Charter needed to rise up and confront the Red Peril. But the backlash in Green Charter represents something seldom seen since the Red Scare: a quasi-militant, homegrown resistance to the perceived threat of communism at home. But as the war over Gotion began to consume Green Charter, Riebow began to feel that the township board was behaving "too secretly." It's easy to dismiss what's happened in Green Charter as yet another sign of America's descent into dangerous incivility. Asked about Gotion's plans in Green Charter, Panetta replied, "I don't think there's any question that they are going to take advantage of that situation."
Persons: Jeff Peticolas, Sam Peticolas, He'd, Peticolas, Gos, Green, Matt Harrison Clough, Jim Chapman, I've, Chapman, freaked, Rush Doshi, Joe Biden's, Doshi, Donald Trump, Sen, Katie Britt, Lori Brock, Kristina Karamo, Lana Theis, John Moolenaar, it's, Gotion, John Holdsworth, I'm, Tracy Ruell, Ruell, Carlleen Rose, she'd, Suzi, Tim Hahn, Hahn, texted Hahn, Jeff, Corri Riebow, She'd, Riebow, Breitbart, Gretchen Whitmer, , we've, Holdsworth, Jason Kruse, Kruse, that's, Kruse demurred, Hahn's, we're, We're, what's, William Evanina, Leon Panetta, Barack Obama's, Panetta, Brent Crane Organizations: Imperial, Pacific, Nikon, Ferris State University, Tech, Green Charter, BI Green Charter, Michigan, United States, Chinese Communist Party, Michigan Republican Party, Michigan GOP, WE, Republican, Republicans, Gotion, Treasury Department, BI, CCP politburo, Party, Communist Party of China, SAIC, Nexteer Automotive, Facebook, Big Rapids, Local, Moolenaar, Fox News, Daily Mail, Gov, Green Charter's, Ferris State, Big, FBI Locations: Pearl, He'd, Imperial Japan, Vietnam, Mecosta County , Michigan, American, Green Charter, Green, China, Green Charter's, Montana, Beijing, Arkansas, Reedley , California, Manteno , Illinois, Washington, America, United, United States, Biden's State, Alabama, Mecosta County, Michigan, Sweden, Big Rapids, enervated, Gotion, Northern Michigan, USA, Filipino, Charter, San Diego
In January, Muizzu set a deadline of March 15 for the complete withdrawal of Indian military personnel stationed in the archipelago nation, according to the president’s office. India has also given Maldives two helicopters and a Dornier aircraft, which are mainly used for marine surveillance, search and rescue operations and medical evacuations, Reuters reported. The new deal with China marks a significant shift in Maldives’ foreign policy from Muizzu’s pro-India predecessor, Ibrahim Mohamed Solih. But Maldives has long found itself in the middle of a geopolitical tussle with both India and China vying for influence. China has increasingly expanded its footprint in Maldives, most visibly through large-scale infrastructure projects such as the $200 million China-Maldives Friendship Bridge.
Persons: Mohamed Muizzu, Muizzu, , Ibrahim Mohamed Solih, , Mao Ning Organizations: CNN, Ocean, Maldivian Defense Ministry, Beijing, Reuters, Dornier, Maldives ’, Analysts, Foreign Locations: Maldives, China, India, Delhi, Beijing
Michelle Lujan Grisham has advocated for a more robust spending package, a 10% annual spending increase that would shore up housing opportunities, childhood literacy and health care access. Senate budget amendments apply $75 million in state matching funds to the effort. Under another $1.5 million budget provision, New Mexico would for the first time help compensate landowners and agricultural producers when wolves are confirmed to have killed livestock or working animals. The fund underwrites an array of conservation programs at state natural resources agencies, from soil enhancement programs in agriculture to conservation of threatened and big-game species. The Legislature's budget bill would place $512 million in the trust.
Persons: Michelle Lujan Grisham, Sen, George Muñoz, ” Muñoz, Biden, , Nathan Small Organizations: SANTA FE, Texas, New, New Mexico Gov, Democratic, Gallup, Locations: SANTA, New Mexico, Las Cruces
American consulting shops like McKinsey & Co., BCG, Teneo, and M. Klein & Co. are helping Saudi Arabia diversify its oil-dependent economy through its lucrative Public Investment Fund. This story is available exclusively to Business Insider subscribers. Saudi Arabia, though, has imposed strict rules on what information the American consulting companies can share with the US government, and that's irked some American lawmakers. AdvertisementSo much so that Congress forced the heads of McKinsey, BCG, Teneo, and M. Klein & Co. to testify this week about their failure to comply with subpoenas regarding their firms' work with Saudi Arabia . BCG, Teneo, and M. Klein & Co. did not respond to a request for comment from Business Insider.
Persons: , Cristiano Ronaldo, Sen, Richard Blumenthal, Bob Sternfels, Rich Lesser, Blumenthal, Michael Klein Organizations: Service, McKinsey & Co, Klein, Co, Public Investment Fund, Business, Saudi, Al, McKinsey, Investigations Locations: Saudi Arabia, United States, Saudi
Tokyo, Japan CNN —When art collective teamLab opened its flagship Tokyo venue, teamLab Borderless, in 2018, the group wanted it to fundamentally change the way we perceive and think about modern art. teamLab Borderless TokyoSo, it’s perhaps no surprise that a significant amount of hype surrounds the grand return of Borderless, which reopens this week in an upmarket new high-rise in Tokyo’s Azabudai district. teamLab Borderless TokyoKudo’s rhetorical style is circuitous, which is apt in a venue that eschews a linear approach to museum design. teamLab Borderless TokyoWandering around Borderless is more like “shinrin-yoku,” the Japanese art of forest bathing, whereby you let your body react to its environment so that it subconsciously directs your movements. teamLab Borderless TokyoThere may be no centerpiece at Borderless, but when another teamLab member, Sakurako Naka, opened a curtain to the new “Light Sculpture” series, she said the collective is “super excited” about this one.
Persons: teamLab Borderless, Takashi Kudo, , , , teamLab, motioning, There’s, Sakurako, Kudo Organizations: Japan CNN, Google, CNN Locations: Tokyo, Japan, Beijing, Melbourne , New York, London, Singapore, Taipei, Tokyo’s Azabudai district, ichi, Sakurako Naka
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