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Saudi Arabia plans to open the first part of its Neom megaproject this year. Saudi Arabia is pushing to distinguish itself in the high-end luxury market to compete with Dubai. AdvertisementSaudi Arabia plans to open the first region of its Neom megacity by the end of the year. Neom recently ended investor roadshows in China by confirming the luxury island resort would open this year, Arab News reported. A rendering of The Line, part of the Neom project planned by Saudi Arabia.
Persons: , Neom, roadshows, It's, Marriott Bonvoy, Chadi, MDLBEAST, Kristian Coates Ulrichsen, Saudi Arabia hasn't, Ulrichsen, Saudi Crown Prince Mohammed bin Salman's Organizations: Dubai, Service, Arab News, Marriott, United, Rice, Baker Institute for Public Policy, Emirates, Saudi, Bloomberg, Business Locations: Saudi Arabia, Sindalah, China, Saudi, Vives, Dubai, United Arab Emirates, Saudi Crown, Gulf Kingdom
But the city's downtown has one of the most stunning urban reinvention stories in the United States. Downtown Detroit recently hosted the NFL Draft to rave reviews and even broke an attendance record. AdvertisementLast week, more than 775,000 football fans converged in downtown Detroit for three days as the city hosted the NFL Draft. NFL fans near the draft stage at Campus Martius Park in downtown Detroit on April 27, 2024. Downtown Detroit has an abundance of towering, historic buildings that are perfect for office-to-housing conversions and office renovations that have taken hold in downtowns across the country.
Persons: , Ryan Kang, Spencer Platt, Gen Zs, it's, Dan Gilbert Organizations: Downtown, NFL, Service, Detroit, Nashville, Martius, Renaissance, Miami, General Motors, Getty, Rocket Mortgage, Quicken, GM, Renaissance Center Locations: Detroit, United States, Downtown Detroit, Hudson's Detroit, downtowns
CNN —In travel news this week: a gelato ban in Italy, runaway horses in central London, the orange fog that hit Athens and – if you’re still feeling brave enough – the best dates and times to book summer flights. When to book summer travelMid-to-late August is the best time for Americans to fly this summer, according to travel company Expedia. It recommends booking summer flights 21 to 60 days out – last year, travelers booking during this window saved around 15% on domestic and international travel. Similar savings were enjoyed by travelers who departed on a Monday for international flights or on a Tuesday for domestic flights, compared with those who opted for more popular Thursday and Friday departures. Over in London, laid-back Bethnal Green cocktail bar Satan’s Whiskers was this month named “Best Bar in the UK” at the Class Bar Awards.
Persons: you’re, It’s, , Expedia, ” you’re, Speakeasy, Taylor, Swift, Pelumi Nubi, “ It’s Organizations: CNN, Travelers, Bethnal, Peugeot Locations: Italy, London, Athens, Europe, Greece, Helsinki, Finland, Buckingham Palace, Venice, Paris, Moulin Rouge, Colonia Juárez, Mexico City, North America, South London, Lagos, Nigeria, Italian, American
Read previewAs a travel writer, one of my greatest loves is experiencing a new country, region, or city with my son. But if you ask me, London is also the best spot to bring your kids, especially if they range in age. Here's why I'll always believe London is a terrific destination for children of any age. Children under 11 travel for free when accompanied by an adult, and discounts are available for older kids. The city is full of parks for children to play inLondon has incredible green space for such a large city.
Persons: , I've, Erika Ebsworth, Big Ben, we've, Gordon Ramsay's, Martin Organizations: Service, London, Business, Transportation, Heathrow Express, Airport, Paddington Station, Hyde Park, Royal Observatory, Prime Meridian, Food, British Museum, Magna Carta, Tate, Eurostar Locations: London, Hyde, Greenwich, London . London, Ethiopian, Harrods, St, Trafalgar, Oxford, Cambridge, Bath, Birmingham, Brighton, Paris, Brussels, Amsterdam
South Pointe Beach in Miami Beach, Florida. Climate risk is "always on our thoughts," said Habibian, 39, who moved to Miami-Dade County about six years ago. Despite that risk, 66% of Miami-Dade County residents said they'd never leave, according to a study published in the journal Climate Risk Management. "We try to be smart about it, try to be proactive as best we can," Arditi said of climate risk. Juxtaposed at left was one of the last remaining patches of mangroves in the urban Miami area, a living memorial to a once-thriving population.
Persons: Greg Iacurci, Daniel Habibian, Harold Wanless, Sonia Brubaker, Saul Martinez, Andrew Rumbach, Rumbach, Joe Raedle, Irma, Al Diaz, they'd, Steven Bustamante, Bustamante, Jeff Greenberg, There's, David Arditi, Arditi, Aria's, Jeff Bezos, Goldman Sachs, Douglas Sacks, Ken Griffin, Brubaker, Biscayne Bay . Miami Worldcenter, Chandan Khanna, Dion Williams, Williams, Dion, Todd Crowl, Crowl, We're, Erik Salna, Chris Baraloto, Rita Teutonico, Amy Knowles, Knowles, it's, City of Miami Beach Greg Iacurci Miami Organizations: Greg Iacurci MIAMI, University of Miami, City, CNBC, Cumming Group, Florida Department of Transportation, Bentley, Bloomberg, Getty, Urban Institute, Organisation for Economic Co, Miami, Volunteers, Florida Keys, Miami Herald, Tribune, Service, Dade, Risk, Yale University's School of, Finance, SEC, Miami Beach, Universal, Group, Aria Development, National Association of Realtors ., Miami Realtors, Amazon, Citadel, Resorts, Bloomberg News, Dade County's, Getty Images, Residences, Pointe Park, Fifth, Afp, Federal Emergency Management Agency, Management, Sunshine, Insurance, Institute, Florida International University Institute of Environment, Hurricanes, University of Pennsylvania, International Hurricane Research, of, Florida International University, City of Miami Beach Locations: Pointe Beach, Miami Beach , Florida, Miami, South Beach, Dade, City of Miami, Dade County, New York, Fort Lauderdale, West Palm, South Florida, Florida, Tampa, St . Petersburg, Miami , Florida, Southeast Florida, Miami Beach, City, Aria's Miami, U.S, California , New York, New Jersey, America, Caribbean, New York City, Biscayne Bay . Miami, Pointe, It's, Surfside, . Florida, Biscayne Bay, Miami's, Bermuda, Kampong, Coconut Grove, Brittany Bay, South Pointe, City of, Brittany Bay Park
New York CNN —Marjorie Taylor Greene has exposed the fault lines in right-wing media. While The Journal has showered Johnson in glowing praise, Fox News and the Post have gone different routes. Yet, it’s unlikely she will emerge from this battle victorious — a reality that has underscored the importance of Murdoch’s right-wing media empire. While the winds might not entirely favor Greene and the MAGA Media hardliners in this very moment, they do appear to be shifting. That could very well pale in comparison to what the rising, more extremist wing of right-wing media delivers in the years ahead.
Persons: Marjorie Taylor Greene, Mike Johnson’s, Rupert Murdoch, Greene, Johnson, , MOSCOW MARJORIE, They’ve, Steve Bannon, Donald Trump’s, Bannon, Charlie Kirk, MAGA, Trump, , God ”, Tucker Carlson, ” Greene, Kirk, Carlson, Murdoch, Murdoch GOP kingmaker Organizations: New York CNN, Republican, MAGA Media, Fox News, Street Journal, New York, Kyiv, Post, Republican Party, Breitbart, Murdoch GOP, GOP, Trump Locations: New York, Ukraine, MAGA, Johnson
Alphabet’s Revenue Jumps 15% to $80.5 Billion
  + stars: | 2024-04-25 | by ( Nico Grant | ) www.nytimes.com   time to read: +1 min
On Thursday, Alphabet, Google’s parent company, reported strong revenue growth in its latest quarter from its search engine and video platform, YouTube, as its market-leading position in online advertising continued to reap rewards despite recent fluctuations in the industry. Alphabet reported $80.5 billion in quarterly sales, up 15 percent from a year earlier, and above analysts’ estimate of $78.8 billion. Analysts had expected $18.9 billion. The company’s board also approved a $70 billion share repurchase program. Google’s search engine has proved most resilient to the fluctuations that have happened since, emphasizing its role as a gateway to the internet for billions of people.
Organizations: Google, Meta, Facebook
Trump's lawyers say a president can get away with crimes if Congress doesn't find out about it while they're in office. If a president leaves before Congress can impeach and convict, they're home free, Trump's lawyers say. Related storiesIn oral arguments Thursday, Justice Amy Coney Barrett asked what would happen if potential criminal conduct wasn't discovered until after a president already left office. "What if the criminal conduct isn't discovered until after the president is out of office, so there was no opportunity for impeachment?" Smith didn't bring his indictment against Trump until the summer of 2023 — more than two years after Trump left office.
Persons: doesn't, they're, , It's, Donald Trump, Trump's, John Sauer, don't, Trump, Jack Smith's, Amy Coney Barrett, wasn't, isn't, Sauer, Antonin Scalia, Smith didn't, Joe Biden's Organizations: Supreme, Service, US, US Senate, Trump
CNN —The Gateway Pundit, the notorious far-right blog and prolific publisher of conspiracy theories, said Wednesday that it had filed for bankruptcy protection as it grapples with litigation related to its coverage of the 2020 election. Another lawsuit, filed by a former Dominion Voting Systems executive, accuses the outlet of defamation. The Gateway Pundit denies wrongdoing in both cases. Over the years, The Gateway Pundit has become infamous for its publishing of hyper-partisan blog posts, many of which advance dangerous lies and conspiracy theories. The Gateway Pundit is one of several right-wing media outlets grappling with the fallout stemming from its promotion of 2020 election lies.
Persons: Donald Trump, Joe Biden, Ruby Freeman, Wandrea, ” Moss, Jim Hoft, Trump, MAGA, Hoft, , ” Hoft Organizations: CNN, Dominion Voting Systems, Republican, Fox News, America News Locations: Georgia, Smartmatic, Dominion
Memecoins are back and they're producing some wild returns even hedge funds can't ignore. Coins like Dogwifhat and Baby Doge Coin soared amid bitcoin's explosive rise in the first quarter. AdvertisementMemecoins have made a comeback amid bitcoin's big rally this year, and with skyrocketing returns in the highly volatile corner of the crypto market, some hedge funds have been jumping in, Bloomberg reported. California-based hedge fund Stratos debuted a fund that holds Dogifwhat, a token whose mascot is a dog in a beanie. Hedge fund Lekker Capital's founder, Quinn Thompson, told Bloomberg that memecoins are just another chapter in the saga of "retail frenzy," akin to the GameStop and meme stock madness in traditional markets.
Persons: Memecoins, , skyrocketing, Stratos, Howard, rocketed, Crypto, Lekker, Quinn Thompson, Pantera, they've Organizations: Service, Bloomberg, Pantera Capital, GameStop Locations: California, New York
At New York's Dragon Festival, authentic Chinese brands and restaurants excite locals' taste buds. Its founder shared some of her favorite vendors of soup dumplings and candies at the opening event. "This doesn't taste like home," said Xu, a 31-year-old entrepreneur and the creator of New York City's Dragon Festival, the biggest Chinese-food festival in the metropolitan area. Jessie YuChen for BIChen said that confectioners in her home province of Fujian, China, caught her attention when she was younger. In 2006, inspired by the soup dumplings made popular by Shanghai's Nanxiang district, Ma opened his first New York City storefront.
Persons: , Xu, Jessie YuChen, she's, Mila, Tang Hulu, I'm, Bu Tong, Ivy Chen, Dragon Lulu, Chen, Vivian Cao, confectioners, Emperor Guangzong, Michael Ma, Xiang Xiao Long Bao, Nan Xiang Xiao Long Bao, Ma, Nan, bartenders, Coco, Xibei Yang Organizations: Service, Park, Dragon, Prospect, lollipop, Michelin, Chi Forest, Haidilao, BI Locations: New York, SoHo, Chinatown, Flushing, York City, Koreatown, Union, Chelsea, Washington, Kwa, Henan, Queens, Prospect Park , Brooklyn, Beijing, Fujian, China, Shanghai, York, Nanxiang, New York City, Jiangsu, Zhejiang, Chi, Thai, Bangkok, Sichuan, Manhattan
Passengers queue at a flight connection desk at the Dubai International Airport in Dubai on April 17, 2024. The CEO of Dubai Airports said Friday that he expects services to return "close to normality" within 24 hours after the major transit hub was hit by unprecedented flooding. He confirmed, however, that the company, which owns and operates Dubai International Airport, had approved emergency budgets to provide food and water to stranded passengers, and noted that all retail outlets were now operating normally. Dubai airport said Friday that from midday local time it would be temporarily limiting the number of inbound flights for 48 hours. Dubai airport has urged passengers to exert caution when traveling, checking with airlines beforehand to confirm the status of their flight and not arriving at the airport too early.
Persons: We've, Griffiths, CNBC's, I'm Organizations: Dubai International, Dubai Airports, United Arab, Dubai International Airport Locations: Dubai, United Arab Emirates, Airlines
Commercial foreclosures jumped 117% year-to-date in March, data from ATTOM shows. AdvertisementThe commercial real estate market is still struggling, made all the more clear by the rapid upswing in property foreclosures. Foreclosure activity jumped by 117% year-over-year in March, real estate data provider ATTOM reported on Wednesday. While high, commercial foreclosures are still under a 2014 peak of 889. AdvertisementEarlier this month, Fitch Ratings warned of a rising global contagion risk from commercial real-estate losses.
Persons: , moratoriums, it's, delinquencies, Jamie Woodwell Organizations: Service, Mortgage Bankers Association, Real, Fitch
Organizations and individuals who delay investing in the latest AI PCs risk falling behind in an increasingly competitive landscape where technological advancements are essential for staying innovative, collaborative, and secure. These AI PCs possess the ability to anticipate and comprehend user requirements, resulting in a highly personalized and responsive interaction. The new Latitude AI PCs can deliver up to 38% less power when running AI-enhanced collaboration features like Zoom.22. Content creators can save time by generating images 1.7 times faster with StabilityAI on their Dell AI PCs or Dell AI workstations with new Intel processors.33. Knowledge workers can optimize their Dell AI PCs by utilizing just 1% of CPU usage, effectively detecting malware with Crowdstrike4.
Persons: cyberattacks, Dell, Read, Forrester Organizations: Forrester, Processing, Dell, Intel, Dell Optimizer, Dell Technologies, Insider Studios, Forrester Consulting, Services Locations: NPU, Argentina, Chile, China, Colombia, Costa Rica, Guatemala, Hong Kong, Korea, Malaysia, Russia, South Africa, Taiwan, Ukraine, Venezuela, Vietnam, Thailand, Philippines
New York CNN —Some H&R Block customers who waited until the last day to file their taxes faced frustrating outages that began Sunday night, according to the company and Downdetector. The IRS had expected “tens of millions” more returns to be filed in the last few days, and many tax filers rely on online services such as H&R Block. The bad gateway error prevented some desktop software users from filing their returns, H&R Block said on X. H&R Block advised customers to either file again or print, file and mail the form to the IRS. “We have notified our clients via an in-product message and as they reach out to customer service that they can now efile their return,” H&R Block said in a statement to CNN.
Persons: Block, X, , CNN’s Jeanne Sahadi Organizations: New, New York CNN, IRS, Block, CNN, Taxpayers, “ Taxpayers, Patriots, District of Columbia Locations: New York, Maine, Massachusetts, District
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
PhotoAlto/Dinoco GrecoGetting a college degree seems increasingly less appealing. College degree earners fall nearly 3%Community college pathway is 'at risk'Historically, a two-year degree was considered an economical alternative to a bachelor's, or even a more affordable pathway to a four-year college. In fact, just 16% of all community college students ultimately attain a bachelor's degree, according to recent reports by the Community College Research Center at Columbia University, the Aspen Institute College Excellence Program and the National Student Clearinghouse Research Center. Community college as a stepping stone is "at risk," Shapiro said, and "that's very bad news." Submitting a FAFSA is also one of the best predictors of whether a high school senior will go on to college, according to the National College Attainment Network.
Persons: Shapiro, Joe Biden, it's, Sandy Baum, Baum Organizations: Community College Research Center, Columbia University, Aspen Institute College Excellence, Student Clearinghouse Research, Community, Federal, National College, Network, Seniors, U.S . Department of Education, Education, Urban Institute
Saudi Arabia is plowing on with its ambitious Neom project, despite reported setbacks. Here's a closer look at the main regions that officials plan to build as part of the project. AdvertisementSaudi Arabia's futuristic Neom project is one of the most ambitious in the world. According to Neom, the city will have no roads, cars, or emissions and run on 100% renewable energy. SindalahThe island of Sindalah, a yachting resort and part of the Neom project, will be open in 2024, say planners.
Persons: Here's, , Neom, Denis Hickey, " Hickey, Saudi Arabia's Crown Prince Mohammed bin Salman, NEOM Organizations: Service, Street Journal, Bloomberg, Saudi Arabia's Crown Locations: Saudi Arabia, Saudi, Tabuk, Kingdom, Neom, Sindalah, Aqaba, Tabak Province
The most expensive neighborhood in America is in Coral Gables, Florida, Bloomberg reports. AdvertisementThe post-pandemic Florida real-estate boom just earned the state a new superlative. Today, seven of the 10 most expensive neighborhoods in the US are located in Florida, Bloomberg reported, citing data from Zillow. The priciest neighborhood in America is Gables Estates in Coral Gables, where a typical home costs $21.2 million, Bloomberg reported. Pre-pandemic, in 2020, the most expensive neighborhood in America was Beverly Hills Gateway, where a typical home cost a cool $10.6 million.
Persons: , Jeff Bezos, BI's Eliza Relman Organizations: Bloomberg, Zillow, Tech, Service, Gables Estates, Business, Beverly Hills Gateway, Royal, Beverly Hills, Apple, Microsoft, Amazon Locations: America, Coral Gables , Florida, Beverly Hills, Florida, Coral Gables, Naples , Florida, , New York, Miami
AdvertisementWith an average of 30,000 passengers a month, Augusta Regional Airport usually sees one-hundredth the number of passengers as Newark Liberty International. This year's Masters, played at Augusta National, is set to be the busiest yet for Augusta Regional Airport. "In years past, American has always given an influx of direct flights for Masters week," Smith told BI. But perhaps the most striking change from the usual day-to-day is the expected influx of private jets. Private jetsAugusta Regional Airport has two runways but closes one of them down for the Masters so that the private jets can park there.
Persons: , Lauren Smith, Smith, It's, Barnwell, Augusta —, Uber Organizations: Augusta Regional Airport, Service, Augusta Regional, Newark Liberty International, TSA, Augusta National, American Airlines, Delta Air Lines, Delta, Private, Augusta, Atlanta —, New, Bombardier Challenger Locations: Augusta, Georgian, Washington, DC, Boston, Austin, JFK, Palm Beach, Orlando, LaGuardia, Detroit, Atlanta, Aiken, South Carolina, New York City, Toro
Nvidia and the Georgia Institute of Technology announced Wednesday the first artificial intelligence supercomputer designed for student use. At first, only Georgia Tech's undergraduate students will be able to use the computing cluster, which is fueled by Nvidia's enterprise AI software and a "virtual gateway" developed by Penguin Solutions. So far, students have used the supercomputer in just one class — foundations of machine learning — since the beginning of the semester, but Georgia Tech plans to continue scaling usage. Georgia Tech's supercomputer runs on 20 Nvidia HGX H100 systems, which house 160 of Nvidia's H100 GPUs, which are high in demand across the tech industry. For reference, it would take one of these 160 GPUs a single second to come up with a multiplication function that would take 50,000 students 22 years, according to a Georgia Tech release.
Persons: Jensen Huang, Raychowdhury Organizations: Nvidia, Georgia Institute of Technology, Penguin Solutions, Georgia Tech, Georgia Tech's School of Electrical, Computer Engineering, CNBC, Arizona State University, ChatGPT Enterprise, Georgia Tech's Locations: Georgia
CNN —Denmark has closed one of the world’s busiest shipping lanes over an activated but malfunctioning missile launcher on a Danish navy ship, the country’s military said Thursday. The Niels Juel ship is stationed in Denmark’s Great Belt strait, the main maritime gateway to the Baltic Sea. “Until the booster is disabled, there is a risk that the missile could launch and fly several kilometers away,” it said. The missile is not in the direction of the Great Belt Bridge. The air space in the area is also currently closed, the military said.
Persons: Niels Juel Organizations: CNN —, Naval Locations: CNN — Denmark, Danish, Baltic
Taiwan’s east coast is breathtakingly rugged and a major tourist draw, its geography a testament to the powerful tectonic forces that lie underneath. The island is located where the Philippines Sea Plate meets the vast Eurasian Plate. The result is a tear-drop-shaped island that boasts a towering spine of mountains running down its middle and an eastern coast that often experiences tremors. In contrast, the east coast is much less populated and rural. Winding roads and a much slower train line cling to steep cliffs and have to go through dozens of tunnels.
Locations: Philippines, Hualien
Hualien County on Taiwan’s east coast is a scenic, sleepy tourist area tucked away from the island’s urban centers, with a famous gorge and aquamarine waters. The county has a population of about 300,000, according to the 2020 census, about a third of whom live in the coastal city of Hualien, the county seat. Hualien County is home to Taroko National Park, one of Taiwan’s most popular scenic areas. Visitors come to explore the Taroko Gorge, a striated marble canyon carved by the Liwu River, which cuts through mountains that rise steeply from the coast. The city of Hualien is a popular destination as a gateway to the national park.
Organizations: Central News Agency, Earthquakes Locations: Hualien County, Taiwan’s, Hualien, Taiwan, Taipei, Hualien .
For some, plans for where to fly, drive and stay to hopefully catch a glimpse of the last total solar eclipse in the contiguous United States until 2044 have been in place for months or even years. The total solar eclipse’s path of totality — where the moon completely blocks the face of the sun — stretches across portions of 13 US states as well as parts of Canada and Mexico. A view from a plane during an eclipse flight from the Russian city of Murmansk to observe a solar eclipse on March 20, 2015, above the Norwegian Sea. Airbnb reports a 1000% surge in searches for stays along the entire path of totality over the solar eclipse weekend for check-ins on April 7, 2024. Austin and the surrounding Hill Country area and Indianapolis are among the most booked destinations across all of North America on Airbnb for the solar eclipse weekend, Thorn said.
Persons: Mark Littmann, ” “, ” Littmann, , ” Judette Louis of, TikTok ”, Louis, , there’s, Littmann, “ You’ve, Steven Robicsek, Steven Robicsek Steven Robicsek, Robicsek, “ It’s, haven’t, Robyn Beck, Katy Nastro, ” Nastro, Sergei Karpukhin, Ben Kaufman, JSX, ” Kaufman, St . Louis, Jeff Roberson, Haven, Thorn, Madison Graça, Graça, ” Graça Organizations: CNN, North, Eclipse, Getty, Houston, Austin, Little, Evansville, Chicago, Indianapolis, Dallas Love Field Airport, Flight Museum, AP, Airbnb, Diego, Madison Locations: United States, Canada, Mexico, ” Judette Louis of Tampa , Florida, Cleveland , Ohio, Tampa, Cleveland, Sandy Run , South Carolina, Gainesville , Florida, Waco , Texas, Florida, La Pine , Oregon, AFP, Dallas, Memphis, Nashville, Russian, Murmansk, Norwegian, Kerrville , Texas, San Antonio, Austin, St ., Richardson , Texas, Springs , Arkansas, Bloomington , Indiana, Indianapolis, North America, Texas, San Diego, Hico , Texas, Oregon
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