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CNN —Not that long ago, cars from the 1990s were just used cars. In addition to insuring collectible cars, Hagerty also owns the auction company Broad Arrow. Values for 1990s-era collectible cars have risen by an average of 78% over the past three years, “which is huge,” Rabold said. Cars from the ’90s have at least some modern comfort and safety features, and even relatively inexpensive cars can have respectable power and performance. We’re talking about “collectible” cars.
A Delta jet was forced to abort a takeoff when an American Airlines plane passed in front of it. The FAA said the Delta jet halted its takeoff within 1,000 feet of the AA plane. Delta passenger Donall Brian Healy told Insider there were screams in the cabin. Healy said the pilot told passengers that another plane had passed in front of them, forcing him to abort the takeoff. ABC7 reported that the Delta jet was traveling at 115 miles an hour when it aborted its takeoff.
More than half of German companies report labour shortages
  + stars: | 2023-01-12 | by ( ) www.reuters.com   time to read: +1 min
The proportion of companies facing difficulties hiring was at its highest ever level, the DIHK found in its survey of 22,000 companies, with 53% reporting shortages. The labour market's resilience did not mean companies were doing well, he added. Staff shortages, high energy prices and the shift towards climate neutrality were a "dangerous mix" that could lead firms to move production abroad. The survey found that 67% of electrical equipment manufacturers were unable to fill vacancies and 67% of mechanical engineering companies. In carmaking, 65% of companies reported labour shortages.
This is the daily notebook of Mike Santoli, CNBC's senior markets commentator, with ideas about trends, stocks and market statistics. On balance, the result for stocks is a hesitation right near a fulcrum point for the S & P 500 – its 200-day moving average and the downtrend line from the January 2022 peak. In the very short term (like on a five-day rate-of-change scale) the S & P as of Wednesday's close was getting slightly stretched. -In the '90s, the Fed thought unemployment anywhere below around 5% to 6% would cause inflation to accelerate, but that proved wrong. For all of 2022, it has been smart to sell into rallies in the S & P at or above the 200-day average and when the VIX has dropped to or below 20.
"At this time, we do not believe the cause is related to the FAA outage experienced earlier today." Share this -Link copiedNearly half of Southwest flights delayed just weeks after mass cancellations Nearly half of Southwest Airlines flights were delayed as of about 11:15 a.m. Share this -Link copiedMore than 540 Delta flights delayed, 14 canceled More than 540 Delta flights were delayed as of 9:13 a.m. ET, the airline had three flights canceled and 208 flights delayed, amounting to 21% of its overall flights, according to FlightAware. Alaska Airlines had 11 flights canceled and 149 flights delayed, also amounting to 21% of its overall flights, FlightAware noted as of 8:53 a.m.
Redler expects the S & P 500 could reach 3,980 to 4,000 before reversing lower. The S & P 500 was trading at about 3,940 on Monday. He expects the S & P 500 to put in a near-term top this week. He is watching the 200-day moving average on the S & P 500, which is literally the average of the last 200 closes. "The SPX [S & P 500] has spent the majority of the last three weeks between 3,800 and 3,900," Krinsky wrote in a note.
The silhouette of Tim Cook, chief executive officer of Apple, during the Apple World Wide Developers Conference (WWDC) in San Francisco. Apple will unveil its highly anticipated mixed-reality headset this spring, with consumer deliveries beginning in fall 2023, Bloomberg recently reported. Kuo also anticipated that Apple would announce its headset in the spring or at Apple's developer event in June. Bloomberg said on Sunday that Apple's anticipated headset would run on a new operating system, dubbed xrOS, and that Apple had already granted a select group of software developers access to the platform. Apple's software enables companies and developers to let users do anything from trying on glasses to model furniture purchases in their personal spaces.
Stacie Depner , 46, a mechanical engineer and medical device product-development director living in Anaheim, Calif., on her 1930 Ford Model A hot rod, as told to A.J. When I was in my second year in college, I was living on University Avenue in Minneapolis and every weekend I would see old cars drive by. I found out that everyone was going to Porky’s, a famous drive-in, for cruise nights. I thought: “I wonder what other cool car events are going on around here?” That’s when I found out about Back to the 50’s, which is one of the biggest annual car shows in the country. I first went in 1996, and this was a eureka moment for me.
U.S. appeals court strikes down ban on bump stocks
  + stars: | 2023-01-07 | by ( Jonathan Stempel | ) www.reuters.com   time to read: +2 min
REUTERS/George FreyJan 6 (Reuters) - A U.S. appeals court on Friday struck down a Trump administration rule banning bump stocks, which are devices that allow people to rapidly fire multiple rounds from semi-automatic guns. Circuit Court of Appeals in New Orleans said that despite "tremendous" public pressure to impose a ban, it was up to the U.S. Congress rather than the president to take action. Three other federal appeals courts have rejected challenges to the ban, and Friday's decision raises the prospect that the U.S. Supreme Court could eventually decide the issue. A bump stock lets a gun's stock, which rests against the shoulder, slide backward and forward, letting users take advantage of the gun's recoil to fire rapidly. Circuit Court of Appeals, No.
Four people were rescued after a Tesla plunged over a cliff in Calif., on Monday. Patel, a 41-year-old woman and two children ages 4 and 7 — both of whom were in car seats — were also in the SUV, California Highway Patrol spokesman Mark Andrews said. Nor is it clear what driving mode Patel was using before the SUV careened off the cliff, the California Highway Patrol said. “In my 35 years of working on vehicle safety, I’ve never had an automaker say, 'Look at this crash test we’re doing for extra credit,'” he said. Helicopters were dispatched, and the family was hoisted from the vehicle using rescue baskets, he said.
Apple 's long-awaited mixed reality headset could be announced as soon as this spring, top Apple supply chain analyst Ming-Chi Kuo said on Twitter recently. Ming-Chi Kuo, an Apple analyst at TF International, had initially predicted in June 2022 that Apple would announce a mixed-reality headset by the end of January 2023. Apple's headset is expected to cost between $2,000 and $3,000 and will boast over 10 cameras on the exterior and interior of the device, according to Bloomberg. The mixed-reality device will run on an operating system called xrOS, with mixed-reality adaptions of Apple's Messages, FaceTime, and Maps apps, according to Bloomberg. The Apple analyst also predicted the controversial loss of the headphone jack in the iPhone 7 series.
During a year marked by labor strikes and protests, flight attendants and rail workers told Insider that these points-based attendance policies create an industry culture that values efficiency over employee health and well-being. But workers say the point systems form the foundation of punitive attendance policies that force them to work while sick or dangerously fatigued. At American Airlines, flight attendants have pushed back on the system for years. "I don't think you'd speak to one flight attendant who thinks the point system is necessarily fair, or balanced," Anthony Cataldo, an American Airlines flight attendant of 33 years, told Insider. So we're on call 24 hours a day, seven days a week, 365 days a year," a BNSF railway conductor of over a decade told Insider.
It was a sloppy start to the year for stocks, and the steep decline in two market darlings — Apple and Tesla — is not a good omen for the market in 2023. The S & P 500 was down as much as 1.2% on Tuesday and dipped below the key 3,800 level. "I think Apple has a major influence on market sentiment. Though, she added that Tesla is much less of an impact on overall market action than Apple because of the tech giant's huge market cap. Stockton also said the S & P 500 could break down several hundred points below that and reach 3,200.
Four people emerged almost unscathed from a car crash off a 250-foot cliff on Monday. Professor Jahan Rasty cited several Tesla safety features that likely helped. If too much of a moving car's energy is suddenly directed into people's bodies, they will die. Car safety design is all about dissipating that energy away from the passengers. Tesla roofs "are about 30% stronger in terms of crash resistance" than a regular car, Rasty said.
United Airlines passengers will miss celebrating New Year's Eve due to a time zone quirk. Their flight made an emergency landing, leaving them stranded in American Samoa for 21 hours. One newlywed passenger tweeted that she is starting her honeymoon "stranded" in Pago Pago because United couldn't get them a plane "for over 21 hours." Leonie Butta, whose son and two granddaughters were on the flight, told the newspaper she'd been tracking the flight online and praised United's decision to divert to Pago Pago. A passenger's father tweeted that his daughter showered at the airport hangar, got an island tour and was "drinking beers on deserted beach."
Dr. S. Robert Rozbruch has led limb-lengthening and reconstruction surgery for more than 20 years. Rozbruch performs 350 to 400 limb-lengthening surgeries and deformity corrections a year. I also loved the TV show "M*A*S*H." The character Hawkeye Pierce, who's a surgeon, was like a mentor to me. I really like helping these kinds of patients and feeling their appreciation for something special that not every orthopedic surgeon can do. Cosmetic limb-lengthening surgeries are a one-offI do limb-lengthening reconstruction, not that bullshit cosmetic limb-lengthening that was discussed in GQ.
Here are 12 of the weirdest and most fascinating animal behaviors scientists spotted in 2022. Here are 12 bizarre and amazing things animals were spotted doing, some of which had never been seen before. It turned out that at least 12 species of primates had been reported doing so, a review published in the Journal of Zoology in October found. A dolphin swallowed 8 venomous sea snakesA sea snake (indicated with pink arrow), moments before it is captured and eaten by a Navy dolphin. Though animals have often been spotted using tools, these usually are used to give the animal a clear survival advantage.
The Bank of Israel said its banking supervision department had completed the inspection process for the new institution named Esh Bank Israel. These include completing the development and testing phases of new technology and hiring a management team and bank staff. It will take about a year and a half to get the bank up and running, the central bank said. Last January, One Zero Digital Bank received final regulatory approval for a full banking licence, becoming the first new Israeli bank in 43 years. "We see great importance in the entry of banks and additional new players into the banking system in Israel, so that they contribute to increasing competition and innovation in the financial system," said Bank of Israel Governor Amir Yaron.
The Tom Brady of Other Jobs
  + stars: | 2022-12-24 | by ( Francesca Paris | ) www.nytimes.com   time to read: +17 min
Meet them, and decide for yourself:The Tom Brady of Paramedics Jesse Izaguirre, 70Gardena, Calif.Jesse Izaguirre loves working with younger paramedics. Hopefully never.”The Tom Brady of Bakers Helen Fletcher, 83Clayton, Mo. Chalk it up to a great big fib.”The Tom Brady of Artists Lilian Thomas Burwell, 95Highland Beach, Md. “I should’ve signed them.”The Tom Brady of Biologists Maria Elena Zavala, 72Los AngelesProfessional longevity runs in Maria Elena Zavala’s family. It didn’t vanish when they crossed the border.”The Tom Brady of Loggers Earl Pollock, 82Hamburg, Ark.
Arnold Fulton , a native of Poland who narrowly escaped the Holocaust and settled in Britain after World War II, became one of the most prominent and innovative makers of umbrellas in his adopted homeland. In a notoriously rainy country, demand was reliable. With a background in mechanical engineering, Mr. Fulton designed his own manufacturing equipment and frequently came up with innovations, including an umbrella built for two and the see-through Birdcage umbrella, whose loyal customers included members of the royal family. Millions of umbrellas made by his A. Fulton Co. blossomed every time it poured in Britain and Canada, the company’s two biggest markets.
During a year marked by labor strikes and protests, flight attendants and rail workers told Insider that these points-based attendance policies create an industry culture that values efficiency over employee health and well-being. But workers say the point systems form the foundation of punitive attendance policies that force them to work while sick or dangerously fatigued. At American Airlines, flight attendants have pushed back on the system for years. "I don't think you'd speak to one flight attendant who thinks the point system is necessarily fair, or balanced," Anthony Cataldo, an American Airlines flight attendant of 33 years, told Insider. So we're on call 24 hours a day, seven days a week, 365 days a year," a BNSF railway conductor of over a decade told Insider.
[1/3] A general view of hydrogen electrolysis plant called 'REFHYNE', one of the world's first green hydrogen plants, during a launch event at Shell's Rhineland refinery in Wesseling near Cologne, Germany, July 2, 2021. REUTERS/Thilo SchmuelgenLONDON, Dec 22 (Reuters) - The green hydrogen express is gathering pace, but it may have a worrying problem with leaks. At least four studies published this year say hydrogen loses its environmental edge when it seeps into the atmosphere. The United States included billions of dollars of green hydrogen tax credits in its Inflation Reduction Act and the European Union approved 5.2 billion euros ($5.5 billion) in subsidies for green hydrogen projects in September. While potential leakages of hydrogen are not expected to be on a scale that could derail all green hydrogen plans, any seepage would erode its climate benefits, they say.
Tech moguls like Elon Musk, Jeff Bezos, and Bill Gates are investing in brain-implant startups. Through their venture-capital funds, Jeff Bezos and Bill Gates both recently backed the Brooklyn, New York, startup Synchron, which has tested its brain stent in seven humans. Peter Thiel, a billionaire cofounder of PayPal, invested last year in Utah's Blackrock Neurotech, an older BCI startup that has said it hopes to apply for Food and Drug Administration approval soon. That long-term potential has caught the attention of tech billionaires like Musk, Gates, and Bezos. No BCI startup has gone public, and most of their fundraising rounds have been modest compared with larger and more-mature biotechs.
[1/3] A view of the land repair work underway at site of an oil spill from Keystone Pipeline, located north of Washington, Kansas, U.S December 15, 2022. Erwin Seba/REUTERSCompanies TC Energy Corp FollowDec 21 (Reuters) - The U.S. pipeline regulator launched a review this year of its special permits that waive certain operating requirements for pipelines, following a government report into spills on TC Energy's Keystone oil pipeline, a source familiar with the matter said. The most recent major spill occurred this month in rural Kansas along Keystone, the only U.S. oil pipeline with a special permit to operate at higher pressure. PHMSA commissioned Oak Ridge National Laboratory, a Department of Energy research institution, to review special permits following a 2021 report on Keystone accidents, the source said. The latest Keystone spill raises doubts about whether PHMSA adequately assesses risk in granting special permits, said Don Deaver, a pipeline consultant.
REUTERS/Jesus HernandezEL TOCUYO, Venezuela, Dec 20 (Reuters) - Julio Perez, a 38-year-old auto mechanic, sold his car and tools to make the dangerous journey from Venezuela to the United States. But like many migrants in the two months since the United States changed its immigration policy, he opted to board a plane back to Venezuela. Sandoval trekked through muddy pathways and waste-high rivers, only to find out the news of the Title 42 policy after emerging. "To be told this news was really, really awful after everything I experienced there in the jungle," Sandoval said. Like Sandoval, Perez - who says he would never attempt to cross the Darien again - is still haunted by his journey of broken dreams.
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