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☆ China accounted for two-thirds of new global coal plant capacity in 2023, report finds
▼ + stars: | 2024-04-15 | by ( Dylan Butts | ) www.cnbc.com time to read: +1 min

The world added more coal power capacity last year than any year since 2016, with China driving most growth and future planned capacity, according to new research. A report by Global Energy Monitor released Thursday found that net annual coal capacity grew by 48.4 GW, representing a 2% year-over-year increase. China alone accounted for about two-thirds of new coal plant capacity. Other countries that brought new coal plants online included Indonesia, India, Vietnam, Japan, Bangladesh, Pakistan, South Korea, Greece and Zimbabwe. Coal power capacity, however, continues to steadily grow.

Persons: Champenois Organizations: Global Energy Monitor, GEM Locations: China, Indonesia, India, Vietnam, Japan, Bangladesh, Pakistan, South Korea, Greece, Zimbabwe, Paris

The U.S. has passed a series of export controls starting in October 2022 aimed at restricting China's access to advanced chip technology, particularly those used in AI applications. According to data from tech consultancy Omdia, China consumes nearly 50% of the world's semiconductors as it is the biggest market for assembling consumer devices. But, soon after, it was reported that Nvidia was working on a new chip made for China. The company did not respond to a request for comment on their plans for the China market. An analysis of Huawei's Mate 60 Pro smartphone by TechInsights revealed an advanced chip made by China's top chip maker, SMIC.

Persons: Wong Yu Liang, Chris Miller, William B, Bailey, Donald Trump, TechInsights Organizations: AMD MU, P Global, Intel, Broadcom, Qualcomm, Marvell Technology, U.S, The, CNBC, Nasdaq, Intelligence, Micron Technology, AMD, Nvidia, Huawei, Semiconductor Industry Association, America's Micron, country's Cyberspace Administration, Micron Locations: China, The U.S, U.S, Washington, Xi'an, Netherlands, Beijing

In the shadow of the Rocky Mountains, with an elevation one mile closer to space than sea level, lies an area that's home to a burgeoning cluster of aerospace businesses. Voyager Space CEO Dylan Taylor traveled to space on a Blue Origin flight in 2021. For Voyager, that's been true. For Taylor, who has been to space himself after a trip on Blue Origin's New Shepard, the Denver-Boulder space story extends beyond Voyager too. Denver area startup Orbit Fab is building refueling ports for satellites that will allow them to fuel up in space.

Persons: Dylan Taylor, CNBC's Morgan Brennan, Lockheed Martin, Northrop Grumman, RTX, Jeff Bezos, Morgan Brennan, Sen, John Hickenlooper, Hickenlooper, that's, Taylor, Shepard, He's, Northrop, Daniel Faber, Orbit, Faber Organizations: Buckley Space Force, CNBC, Aerospace, Colorado Space Coalition, Voyager, Denver . Voyager, AFP, Getty, Lockheed, Boeing, Northrop, Launch Alliance, BAE Systems, Space, Space Station, Airbus, Mitsubishi, Northrop Grumman, AAA Locations: Colorado, CNBC's, Rocky, Denver, Boulder, California, Silicon Valley

☆ Hong Kong seizes over $10 million worth of gold disguised as machine parts in record smuggling bust
▼ + stars: | 2024-04-09 | by ( Dylan Butts | ) www.cnbc.com time to read: +2 min

In Hong Kong's largest gold smuggling bust, the city authorities seized an estimated $10.7 million worth of the precious metal that had been concealed as machine parts being shipped to Japan. Under Hong Kong law, any person found guilty of smuggling cargo is liable to a maximum fine of $2 million and imprisonment for seven years. A customs official told local reporters on Monday that this was the first case in which gold had been found concealed as machine parts. Hong Kong, which is one of the world's largest gold trading hubs, in February arrested another suspect for trying to smuggle gold bars out of the city. Both the cases had involved Macau-bound vehicles smuggling gold worth more than $1 million.

Organizations: Hong Kong's Locations: Hong, Japan, Hong Kong, There's, Macau, U.S

☆ Herbert Kroemer, 95, Dies; Laid Groundwork for Modern Technologies
▼ + stars: | 2024-04-09 | by ( Dylan Loeb Mcclain | ) www.nytimes.com time to read: +1 min

Herbert Kroemer, a German-born American physicist who was awarded the Nobel Prize for his part in discoveries that paved the way for the development of many trappings of modern life, including high-speed internet communication, mobile phones and bar-code readers, died on March 8. The death was announced by the University of California, Santa Barbara, where he was an emeritus professor. Dr. Kroemer’s most important contributions were in the development of so-called heterostructures. They vastly enhance the speed, and therefore the power, of transistors and other types of semiconductors that are the building blocks of all electronic equipment. But by the time he received a share, with two other scientists, of the Nobel Prize in Physics in 2000, the impact of his work was so enormous, it could not be denied.

Persons: Herbert Kroemer, Kroemer’s Organizations: University of California Locations: German, Santa Barbara

☆ Brittney Spencer is telling her own story and collecting cosigns from her heroes — including Beyoncé
▼ + stars: | 2024-04-09 | by ( Callie Ahlgrim | ) www.businessinsider.com time to read: +5 min

Read previewWhen Brittney Spencer woke up on Monday morning, she had no idea she would hit a major career milestone. This story is available exclusively to Business Insider subscribers. "That wasn't even on my radar," she told Business Insider of her top-40 debut, adding with a laugh, "My life has been very random." AdvertisementAlthough "My Stupid Life" contains the most explicitly personal lyricism of her career, Spencer has a knack for speaking her own dreams into existence — if not always intentionally. (Morris sang backup on Spencer's album highlight "Night In," while McEntire took Spencer on tour in 2022.)

Persons: —, Brittney Spencer, Parker McCollum, Spencer's, Beyoncé, Spencer, Carter, Tiera Kennedy, Reyna Roberts, Tanner Adell, they've, I'm, Queen Bey, Maren, Whitney, Maren Morris, Reba McEntire, Morris, McEntire, Queen Latifah, John Shearer, I've, She's, she'll, Bob Dylan, Willie Nelson, Cowboy Carter Organizations: Service, CMT, Business, Twitter, Stagecoach, Outlaw Locations: Nashville, Instagram

☆ U.S. offers TSMC up to $6.6 billion for Arizona factories as Biden pushes for chip security
▼ + stars: | 2024-04-08 | by ( Dylan Butts | ) www.cnbc.com time to read: +1 min

TSMC 's Arizona subsidiary is set to receive up to $6.6 billion in U.S. government funding under a preliminary agreement announced by the Biden administration on Monday. The funding, under the U.S. CHIPS and Science Act, will support Taiwan Semiconductor Manufacturing Co.'s more than $65 billion investment in three cutting-edge fabrication plants in Phoenix, according to the nonbinding agreement. The Taiwanese multinational semiconductor company is also eligible for around $5 billion in proposed loans under the CHIPS Act. According to Raimondo, the funds will include $50 million to train and develop local talent in Arizona, with TSMC Arizona having already created more than 25,000 jobs and attracted 14 semiconductor suppliers for the state. The CHIPS Act, passed in August 2022, is an almost $53 billion package aimed at building the U.S. domestic semiconductor industry to boost the country's economy and better compete with rivals such as China for national security purposes.

Persons: Gina Raimondo, TSMC, Biden, Raimondo Organizations: Science, Technology, Washington , D.C, Taiwan Semiconductor Manufacturing, U.S, Arizona Locations: Rayburn, Washington ,, Arizona, U.S, Phoenix, China

☆ Nvidia plans to build a $200 million AI center in Indonesia amid push into Southeast Asia
▼ + stars: | 2024-04-05 | by ( Dylan Butts | ) www.cnbc.com time to read: +1 min

The logo of technology company Nvidia is seen at its headquarters in Santa Clara, California, on Feb. 11, 2015. Nvidia is planning to build a $200 million artificial intelligence center in Indonesia in partnership with local telco giant Indosat Ooredoo Hutchison, as the U.S. tech darling continues its push into Southeast Asia. Indosat did not respond to a request for comment, while Nvidia declined to comment on the matter. Indosat Ooredoo Hutchison is Indonesia's second-largest mobile telco after a 2022 merger between Qatar's Ooredoo and Hong Kong's CK Hutchison. Nvidia's increased presence in Indonesia represents a broader push into Southeast Asia this year as data demand in the region booms on the back of the growing digital economy.

Persons: Ooredoo Hutchison, Budi Arie Setiadi, Indosat, Blackwell, Indosat Ooredoo Hutchison, Kong's CK Hutchison Organizations: Nvidia, Indonesia's, Information Technology, Qatar's, Kong's Locations: Santa Clara , California, Indonesia, U.S, Southeast Asia, Surakarta, Central Java, Nvidia's

☆ Poor resale values of EVs threaten adoption, warn some experts
▼ + stars: | 2024-04-05 | by ( Dylan Butts | ) www.cnbc.com time to read: +3 min

Jeff Gritchen | Medianews Group | Getty ImagesA car loses value as soon as you drive it off the lot, but electric vehicles are taking this adage to a new level. That's becoming a major barrier to wider adoption, according to some industry and investment experts. While lower used EV prices could increase their desirability to some buyers, they can also reduce demand for new electric vehicles, according to Karl Brauer, executive analyst at iSeeCars. Kuo further argued that the software and computing capabilities of used EVs may become outdated and incompatible with updates by the time they are sold or even beforehand. According to iSeeCars, dramatic drops in used electric vehicle values in the U.S. have largely been driven by aggressive price cuts by Tesla amid a broader price war in the EV market.

Persons: Jeff Gritchen, Karl Brauer, David Kuo, Kuo, EVs, iSeeCars, Tesla Organizations: Medianews, Getty, iSeeCars.com, Smart, Industry, Bloomberg, VW, Toyota Locations: Fountain Valley , California, U.S

☆ Nvidia supplier SK Hynix plans to invest $3.87 billion in U.S. chip facility
▼ + stars: | 2024-04-04 | by ( Dylan Butts | ) www.cnbc.com time to read: +1 min

SK Hynix logo displayed on a phone screen as seen in this illustration photo taken in Krakow, Poland on January 30, 2023. SK Hynix , one of the world's largest memory chipmakers, said it would invest $3.87 billion in its first chip packaging facility in the U.S., marking another victory for the Biden administration's efforts to onshore chip production. SK Hynix said the facility, slated for operation in 2028, will house a production line for SK Hynix's cutting-edge high-bandwidth memory chips — important components in the Nvidia GPUs used to train AI systems like ChatGPT. "We are excited to become the first in the industry to build a state-of-the-art advanced packaging facility for AI products in the United States," said SK Hynix CEO Kwak Noh-Jung in a statement, adding it would "strengthen supply-chain resilience and develop a local semiconductor ecosystem." The project will also bring more than a thousand new jobs to the region and will include an R&D facility to develop future generations of chips, according to the company.

Persons: Biden, SK Hynix, Noh, Jung Organizations: SK Hynix, Purdue University, Wednesday, Indiana State, U.S, SK, SK Hynix's, Nvidia Locations: Krakow, Poland, U.S, West Lafayette , Indiana, United States

☆ A movie-theater veteran has launched a company that seeks to jolt the industry with AI and a new production studio
▼ + stars: | 2024-04-03 | by ( Jason Guerrasio | ) www.businessinsider.com time to read: +8 min

John Fithian, former head of NATO, formed The Fithian Group, which aims to improve movie production, distribution, and exhibition. The group is overseeing the building of a high-tech production studio in Europe and a data-infused direct distribution platform. Fithian worked for over twenty years fighting to keep movie theaters relevant in the constantly changing worlds of entertainment and technology. The Fithian Group founding partners (L-R) John Fithian, Jackie Brenneman, and Patrick Corcoran. The founders said the upcoming platform will be available free of charge for movie theaters.

Persons: John Fithian, —, Fithian, Jackie Brenneman, Patrick Corcoran, Brenneman, Corcoran, Iah Bearden, Dylan Skolnick, Skolnick, there's, we're Organizations: NATO, Service, National Association of Theatre Owners, Group, Pinewood Studio, AP, Cinema Arts, Business Insider Locations: Europe, Vrai, Long Island , New York

☆ The Government Should Pay People for Kidney Donations - The New York Times
▼ + stars: | 2024-04-02 | by ( Dylan Walsh | ) www.nytimes.com time to read: +1 min

My brother had a kidney transplant that same week, six days before I did. His new kidney came from a man we never knew who died in a car accident in the mountains. About 4,000 people die each year while waiting for a kidney. The National Kidney Foundation estimates that, without more investment in preventing diabetes and other ailments, more than one million people will be suffering from kidney failure by 2030, up from over 800,000 now. Creating a market for kidneys is not a new concept, but it’s historically been met with disgust: Sell what?

Organizations: National Kidney Foundation Locations: United States

☆ Ray Dalio on why he is still investing in China
▼ + stars: | 2024-04-02 | by ( Dylan Butts | ) www.cnbc.com time to read: +1 min

Ray Dalio, founder of Bridgewater Associates, received an award from the China General Chamber of Commerce-USA in February 2022. Ray Dalio, chief investment officer at Bridgewater Associates, took to LinkedIn on Tuesday to defend his continued investments in China — a market he views as crucial to "understand the world" and for "diversification." In his follow-up, Dalio defended his decision not to abandon the Chinese market "when things get tough," claiming he is neither "a fair-weather friend" nor "a fair-weather investor." "[T]here is no such thing as a bad market; there is only bad decision making. I find the markets in China good for my type of decision making," he added.

Persons: Ray Dalio, Dalio Organizations: Bridgewater Associates, Chamber of Commerce, USA, LinkedIn Locations: China, Beijing

☆ Robo-lawyer startup DoNotPay did something almost unheard of in Silicon Valley: It paid a dividend.
▼ + stars: | 2024-04-01 | by ( Melia Russell | ) www.businessinsider.com time to read: +6 min

In January, the legal startup DoNotPay sent more than $1 million to employees and investors in its first-ever dividend. He got the idea from one of his own angels, Sahil Lavingia, whose startup Gumroad issued a dividend last year. The expectation is that when a company sells or goes public, employees will cash in their shares for untold riches. Last year, the digital commerce startup Gumroad paid a dividend of $1 million across employees, investors, and thousands of crowdfunding backers. Cash rewardsBrowder said he wanted to offer a dividend to reward those employees and investors who bet on the startup early.

Persons: Joshua Browder, Browder, DoNotPay, it's, Sahil Lavingia, Josh Seidenfeld, Cooley, Steve Huffman, Spencer Platt, Seidenfeld, Lavingia, Andreessen Horowitz, Greylock, Dylan Field, Scott Belsky, Daniel Dines, Balaji Srinivasan, Cash, there's Organizations: Business, Big Law, Employees, Founders Fund, Adobe Locations: San Francisco

☆ East Asia's growth is faster than the rest of the world but China headwinds weigh, World Bank says
▼ + stars: | 2024-04-01 | by ( Dylan Butts | ) www.cnbc.com time to read: +1 min

As inflation continues to impact global economies, Asia-Pacific is the only region that will see real salary growth in 2023, according to ECA International. Growth in developing East Asia and Pacific is outpacing the rest of the world, but the region will likely see slower growth in 2024 amid headwinds in China and broader policy uncertainty, according to the World Bank. "It is a region that is still outperforming the rest of the world, but it is underachieving relative to its own potential," Aaditya Mattoo, East Asia and Pacific chief economist at the World Bank, told CNBC's "Street Signs Asia" on Monday. Growth in the region is expected to ease to 4.5% this year, slowing from last year's 5.1% expansion, according to the bank's East Asia and Pacific (EAP) update for 2024, which was released Monday. However, excluding China, growth in the region is predicted to reach 4.6% this year — higher than 4.4% in 2023.

Persons: CNBC's Organizations: ECA International, World Bank Locations: Asia, Pacific, East Asia, headwinds, China

☆ Best Buy offers to screen LGBTQ nonprofit donations after conservative pressure, filing shows
▼ + stars: | 2024-03-29 | by ( Matt Lavietes | Brooke Sopelsa | ) www.cnbc.com time to read: +9 min

"Best Buy has partnerships with and contributes to organizations and activists that promote the practice of gender transition surgeries on minors and evangelize gender theory to minors. Why are Best Buy shareholders funding the proliferation of an ideology seeking to mutilate the reproductive organs of children before they finish puberty?" "This contentious and vast disagreement between radical gender theory activists and the general public has nothing to do with Best Buy selling electronics." "Were Best Buy to agree to such a compromise with us, we will not make a splash about it." In an email on Friday, GLAAD, one of the LGBTQ nonprofits mentioned in the SEC filing, expressed its displeasure with Best Buy.

Persons: hasn't, Carly Charlson, NCPPR, —, Ethan Peck, Peck, Marina Rizzo, Rizzo, we're, Bud Light, Bud Light's, influencer Dylan Mulvaney, Sarah Kate Ellis Organizations: Securities and Exchange Commission, SEC, National Center for Public Policy Research, Best, HRC, NCPPR's Free Enterprise Institute, SAGE, GLAAD, Rights, PRIDE, NBC, Anheuser, Busch Inbev Locations: States

☆ A couple lost $4,400 when their Lufthansa flight was canceled. The airline promised them a refund, but 5 months later, they still haven't received the money.
▼ + stars: | 2024-03-29 | by ( Monica Humphries | ) www.businessinsider.com time to read: +9 min

Last summer, a couple was flying home when their connecting Lufthansa flight in Germany was canceled. In August, they were flying home from Singapore on United Airlines when their Lufthansa Airlines connection between Germany and New Jersey was canceled, Giantisco told Business Insider. Advertisement"More than anything, we need the money we spent trying to get home at the last minute and being stuck in Munich," Giantisco said. They flew from Munich to London on a Lufthansa flight and from London to New Jersey on United. That became a challenge when they discovered their original flight information had been removed from their United flight history.

Persons: haven't, —, Emma Giantisco, Dylan Marton, Giantisco, Marton, Marton hasn't, they'd, that's, Dylan Marton United, I've Organizations: Lufthansa, Service, United Airlines, Lufthansa Airlines, Business, New Jersey ., BI, Lufthansa rebooking, United, European Union, Star Alliance Locations: Germany, Singapore, New Jersey, Munich, Giantisco, Southeast Asia, Lambertville , New Jersey, Newark, Frankfurt, London, Marton

☆ China-made vehicles will comprise a quarter of Europe's EV sales this year, study shows
▼ + stars: | 2024-03-28 | by ( Dylan Butts | ) www.cnbc.com time to read: +1 min

A BYD Co. Atto 3 electric sport utility vehicle (SUV) on day two of the Geneva International Motor Show in Geneva, Switzerland, on Tuesday, Feb. 27, 2024. China-made electric vehicles will make up more than a quarter of the EV sales in Europe this year, with the country's share increasing by over 5% from a year earlier, according to a new policy analysis. While most EVs sold in the EU are from Western brands such as Tesla, which manufactures and ships EVs from China, Chinese brands alone are set to account for 11% of the region's market in 2024. The findings come as the European Commission probes subsidies given to electric vehicle makers in China to determine if they unfairly undercut local companies. Non-Chinese brands that ship from China, such as Tesla and BMW, could be included in the ongoing subsidy investigation.

Persons: Tu Le Organizations: Geneva, European Federation for Transport, European Commission, BMW, Sino Locations: Geneva, Switzerland, China, Europe, France, Spain

☆ NBC’s Ronna McDaniel disaster is dragging Comcast into the political firestorm
▼ + stars: | 2024-03-28 | by ( Oliver Darcy | ) edition.cnn.com time to read: +8 min

It’s difficult to succinctly summarize the disastrous state of affairs at the news division, given that multiple engines are failing simultaneously. sand and refusing to dump McDaniel until after his top television personalities, including Chuck Todd and Rachel Maddow, went on the air and excoriated the hire. Ironically, NBC News’ attempt to make inroads with Republicans through the hiring of McDaniel has had the opposite effect. On Wednesday, Trump spent part of the day ranting on Truth Social against the Comcast boss over the McDaniel disaster, characterizing Roberts as a weak leader whose employees are running amok. I asked Comcast spokespeople on Wednesday if either Roberts or Cavanagh were taking any action.

Persons: Brian Roberts, Cesar Conde, Conde, “, Ronna McDaniel, McDaniel, Chuck Todd, Rachel Maddow, Puck’s Dylan Byers, Byers, Carrie Budoff Brown, Republican Richard Walters, Todd, ” Brown, Richard Walters, Stephen Labaton, Labaton bashed, Labaton, Rashida Jones, Jones, Rebecca Blumenstein, Blumenstein, I’m, Elon Musk, Donald Trump’s, Biden, Tom Cotton, Roberts, Trump, ” Trump, It’s, can’t bode, Conde’s, Michael Cavanagh, Cavanagh Organizations: New York CNN, Comcast, NBC News, NBC Universal News Group, Republican National, NBC, MSNBC, NBC News ’, Republican, NBCU, Fox, The New York Times, NBCU News, –, Comcast spokespeople Locations: New York, Miami, Washington, MSDNC

LOS ANGELES (AP) — He's gone to Carolina in his mind and on tour for much of 2024. Photos You Should See View All 60 ImagesAP: Before the continental U.S. tour, you're headed to Japan, the Philippines, Australia, New Zealand and Hawaii. But he put it in reverse, stomped the accelerator and tore a great trough, a great furrow in the Tanglewood lawn. It's turned out to be a great thing for me, to play Tanglewood every year. TAYLOR: I feel like I’ve got another one in me — sounds like an egg — but I'm writing a little bit.

Persons: — He's, James Taylor, Taylor, It's, I've, TAYLOR, I’ve, it’s, Kim, It’s, “, we’ve, David Bowie ’, Bob, Dylan, Bruce, Springsteen Organizations: ANGELES, Associated Press, Hollywood Bowl, Filene, Darien Center, Tanglewood Locations: Carolina, United States, Massachusetts, Los Angeles, Vienna , Virginia, Salt Lake City, Morrison , Colorado ; Kansas City , Missouri, St, Louis, Highland Park , Illinois, Noblesville , Indiana, Nashville , Tennessee, North, Rock , Arkansas, Thackerville , Oklahoma, Clarkston , Michigan, Darien, Darien Center , New York, Syracuse , New York, Bethel Woods , New York, Bangor , Maine, Gilford , New Hampshire, Lenox , Massachusetts, Philadelphia, Wantagh , New York, Saratoga Springs , New York, Bridgeport , Connecticut, Burgettstown , Pennsylvania, Boston, Japan, Philippines, Australia, New Zealand, Hawaii, London

☆ New Zealand accuses China-backed hackers of cyberattacks on parliament
▼ + stars: | 2024-03-26 | by ( Dylan Butts | ) www.cnbc.com time to read: +1 min

New Zealand has accused China of "malicious cyber activity" linked to Chinese state actors, who targeted its parliament in 2021. The government "expressed concerns today about malicious cyber activity, attributed to groups sponsored by the Chinese Government," New Zealand's Foreign Minister Winston Peters said on Tuesday. New Zealand's intelligence service, the National Cyber Security Centre (NCSC), "completed a robust technical assessment following a compromise of the Parliamentary Counsel Office and the Parliamentary Service in 2021," Collins said. The activity has been attributed to a Chinese state-sponsored group, she added. The Chinese embassy in New Zealand did not immediately respond to a request for comment.

Persons: Winston Peters, " Peters, Judith Collins, Collins Organizations: Government, Zealand's, National Cyber Security, Parliamentary, Office, Parliamentary Service Locations: Zealand, China, U.S, New, New Zealand

☆ China faces ‘fork in the road,’ IMF chief says, urging Beijing to embark on pro-market reforms
▼ + stars: | 2024-03-25 | by ( Dylan Butts | ) www.cnbc.com time to read: +2 min

Kristalina Georgieva, Director of the International Monetary Fund (IMF), speaks during the China Development Forum 2024 at the Diaoyutai State Guesthouse on March 24, 2024 in Beijing, China. China has two choices right now: return to its old economic policies, or choose reforms to spur growth, according to the International Monetary Fund's Managing Director Kristalina Georgieva. "China is poised to face a fork in the road — rely on the policies that have worked in the past, or update its policies for a new era of high-quality growth," Georgieva said Sunday at the China Development Forum in Beijing. "With a comprehensive package of pro-market reforms, China could grow considerably faster than a status quo scenario," she said, according to prepared remarks by the IMF. The measures coincide with other moves Beijing has made in recent weeks to boost confidence among foreign investors and businesses as it pursues a growth target of about 5% this year.

Persons: Kristalina Georgieva, Georgieva, Li Qiang Organizations: International Monetary Fund, International Monetary Fund's, China Development Forum, IMF, World Bank Locations: China, Diaoyutai, Beijing, Bulgarian

☆ They moved into floating homes and houseboats — and discovered a world of adventure and hidden expenses
▼ + stars: | 2024-03-25 | by ( Amanda Goh | ) www.businessinsider.com time to read: +10 min

Read previewMoving into their 360-square-foot floating home a year ago was a dream come true for Sarah Spiro and Brandon Jones. In 2023, there were 70 floating home sales reported on the Regional Multiple Listing Service, or RMLS, which covers the Portland area and a significant part of northwest Oregon, Portland Floating Homes real-estate broker John McPherson told BI. Lily and Dylan Rose moved onto their houseboat on Lake Union in Seattle in June 2019. AdvertisementHome insurance for a floating house tends to be about double what it is for a regular house on land, McPherson said. Additionally, the float — the part of the floating house that's equivalent to a foundation — deteriorates over time, McPherson said.

Persons: —, Sarah Spiro, Brandon Jones, Spiro, keepingafloatwiththejoneses Spiro, Jones, keepingafloatwiththejoneses, Adam Lind, @adam.floatinghome, It's, John McPherson, Lily, Dylan Rose, Elizabeth Earle, BI's Jordan Pandy, Earle, Elizabeth Earle Earle's, McPherson, Daryl Fairweather, Redfin's, Realtor.com, Hannah Jones, it's, Laura Woodley, Woodley, isn't, Kate Fincham, Fincham, Lily Rose, Dylan, Rose, she's Organizations: Service, Business, Portland Floating Homes, Realtor.com, Union, Trust, England & Wales, Lake Union Locations: Fontana Lake, North Carolina, Portland, Oregon, Seattle, Sausalito , California, Johns Island , South Carolina, England, Bluffers Park, Toronto, Lake, Boston

☆ Lisa Lane, Chess Champion Whose Reign Was Meteoric, Dies at 90
▼ + stars: | 2024-03-25 | by ( Dylan Loeb Mcclain | ) www.nytimes.com time to read: +1 min

Lisa Lane, an early star of American chess who was a two-time United States women’s champion and the first chess player to appear on the cover of Sports Illustrated, died on Feb. 28 at her home in Carmel, N.Y., in Putnam County. Her death was confirmed by the town clerk’s office in nearby Kent, N.Y., which registered her death. Ms. Lane was a late bloomer in chess. Within two years, she had won the United States women’s championship. Wherever she went, people commented on her looks as much as on her chess ability, if not more so.

Persons: Lisa Lane, Lane, bloomer Organizations: Sports Illustrated, Temple University, United, United States women’s Locations: States, Carmel , N.Y, Putnam County, Kent, N.Y, Philadelphia, United States

☆ How creators are using long-form writing to build community and combat the uncertainty of short-form video
▼ + stars: | 2024-03-25 | by ( Marta Biino | ) www.businessinsider.com time to read: +7 min

AdvertisementBuckle is part of a group of creators that has turned to slower, longer types of content that don't live on social platforms. Turning to long-form content — in writing, but also through podcasts, community platforms like Patreon, and YouTube videos — has been a way for creators to counter this. AdvertisementFor some creators, long-form content is also a way to slow down their relationship with their audiences and build stronger connections. Alexandra Hayes Robinson recently started the newsletter Hello Hayes after finding success on TikTok. Alexandra Hayes RobinsonWritten content is a way for creators to build 'community'The idea of "community" has become central to the creator economy, and long-form content can help foster it.

Persons: —, Lesley Buckle, interning, Instagram, . Buckle, Buckle, it's, Dylan, Annie Openshaw's, Rafy Evans, Alexandra Hayes Robinson, Hayes, Emma Brooks, She's, Annie Openshaw —, Openshaw, Jessamyn Stanley, Ashley Batz, Thomas Walters, Julianne Fraser Organizations: Service, Business, Porter Magazine, Infinity Creative Agency, TikTok, Google, Buckle, Dollar, New Locations: Marie Claire, virality, Europe, New York

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