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☆ Native American children may have been forced into assimilation at more boarding schools than previously reported, group says
▼ + stars: | 2023-08-30 | by ( Nicole Chavez | ) edition.cnn.com time to read: +3 min

The National Native American Boarding School Healing Coalition released a new list of Indigenous boarding schools Wednesday that surpasses the number of previously reported institutions. The list of Indigenous boarding schools in the United States includes many that have closed and some that are still in operation today. It found the federal government ran or supported 408 boarding schools that forced assimilation between 1819 and 1969. The list also includes 125 schools that are currently open and that were or are considered Indigenous boarding schools. The legislation provided religious organizations with the resources to run more than a hundred schools for Native American children.

Persons: Deborah Parker, “ There’s, it’s, ” Parker, “ We’re, “ They’re, Deb Haaland, – Organizations: CNN, National, American Boarding School, Coalition, of Interior, White, Interior Department, Federal Locations: White, United States, American, Alaska

☆ Consumer spending in China bounced back in August, survey finds
▼ + stars: | 2023-08-30 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +3 min

Larger-than-life roses are on display in Nanjing, Jiangsu province of China, on Aug. 21, 2023, one day before the Qixi Festival. Vcg | Visual China Group | Getty ImagesBEIJING — Consumer spending bounced back in August after a tepid July, according to the China Beige Book's survey of Chinese businesses released Thursday. That's based on a survey conducted Aug. 17 to 25 of 1,300 businesses, the majority of which were not state owned. The China Beige Book survey also found that corporate borrowing surged as cost of capital declined. Another business survey released in mid-August, the CKGSB Business Conditions Index, reported a 50.9 print for July, a touch above the 50.02 figure recorded for June.

Persons: That's, Nomura Organizations: Visual China, Getty, Consumer, National Bureau of Statistics, Services, JL Warren Capital, Louis Vuitton, National Bureau, Statistics Locations: Nanjing, Jiangsu, China, BEIJING

☆ Apple starts testing 3D printers to make smartwatch casings - Bloomberg News
▼ + stars: | 2023-08-30 | by ( ) www.reuters.com time to read: +1 min

The Apple Inc. logo is seen hanging at the entrance to the Apple store on 5th Avenue in Manhattan, New York, U.S., October 16, 2019. REUTERS/Mike Segar/File Photo Acquire Licensing RightsAug 30 (Reuters) - Apple (AAPL.O) is testing 3D printers to make the steel frames of some of its upcoming smartwatches, Bloomberg News reported on Wednesday, citing people with knowledge of the matter. The company also plans to apply the process to its titanium Ultra watch, but the shift isn't planned until 2024, the report said. Apple is set to host their fall event on Sept. 12, where analysts believe the world's most valuable company will unveil a new line of smartwatches and iPhones. Reporting by Zaheer Kachwala in Bengaluru; Editing by Shailesh KuberOur Standards: The Thomson Reuters Trust Principles.

Persons: Mike Segar, Zaheer Kachwala, Shailesh Organizations: Apple Inc, Apple, REUTERS, Bloomberg, Thomson Locations: Manhattan , New York, U.S, Bengaluru

[1/4] Missiles from tactical nuclear operation unit of the western district of the Korean People's Army are launched at an undisclosed location in North Korea in this picture released by North Korea's Korean Central News Agency (KCNA) and obtained by Reuters on August 31, 2023. KCNA via REUTERS Acquire Licensing RightsSEOUL, Aug 31 (Reuters) - North Korea conducted a simulated "scorched-earth" nuclear strike on targets across South Korea, state media reported on Thursday, in reaction to allied exercises that it said amounted to plans for a preemptive nuclear attack by the United States. "The KPA staged a tactical nuclear strike drill simulating scorched-earth strikes at major command centers and operational airfields of the 'ROK' military gangsters on Wednesday night," it said, using initials of South Korea's official name, the Republic of Korea. North Korea fired two short-range ballistic missiles into the sea on Wednesday, South Korea's military said, hours after the U.S. deployed B-1B bombers for allied air drills. The latest launch came a day before South Korea and the U.S. wrap up 11 days of combined military drills, which Pyongyang has long denounced as a war rehearsal.

Persons: Kim Jong Un, KCNA, Soo, hyang Choi, Josh Smith, Stephen Coates Organizations: Korean People's Army, North, Korean Central News Agency, Reuters, KCNA, REUTERS Acquire, Rights, Staff, ROK, U.S, Thomson Locations: North Korea, Rights SEOUL, South Korea, United States, Republic of Korea, U.S, Pyongyang

☆ Saving $100 a week from age 25 could give you over $1 million when you retire
▼ + stars: | 2023-08-30 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +4 min

The key to a comfortable retirement may be saving $100 a week starting at 25. The chart below shows how much you can save up by putting away $400 a month starting on your 25th birthday, assuming that historically reasonable 7% annual return. Putting this into perspective, if people saved just $100 a month starting at 25, they'd save over $250,000 by 65 because of compounding interest. This jumps to over $550,000 when saving $50 a week starting at 25, which highlights Milken's suggestion to focus on "holistic life planning." About 25% of Americans lack retirement savings, while half have no access to employer-sponsored retirement plans, The Motley Fool reported based on data from the Federal Reserve.

Persons: they'd Organizations: Service, Milken Institute, Transamerica Center, Retirement Studies, Federal Reserve, of Labor Statistics, Fidelity Locations: Wall, Silicon

KCNA via REUTERS Acquire Licensing RightsSEOUL, Aug 31 (Reuters) - North Korea conducted a simulated "scorched-earth" nuclear strike on targets across South Korea, state media reported on Thursday, in reaction to allied exercises that it said amounted to plans for a preemptive nuclear attack by the United States. ROK is the initials of South Korea's official name, the Republic of Korea. North Korea fired two short-range ballistic missiles into the sea on Wednesday, South Korea's military said, hours after the U.S. deployed B-1B bombers for allied air drills. South Korea's presidential office convened a security meeting after North Korea's late-night launch, which followed its second failed attempt last week to put its first spy satellite into orbit. Japan will intercept North Korea's missiles if they fly over Japan's territory, Japan's Chief Cabinet Secretary Hirokazu Matsuno said.

Persons: North Korea's, Fumio Kishida, Hirokazu Matsuno, Kim Jong Un, KCNA, Kim Jong, Kim, Soo, hyang Choi, Josh Smith, Kantaro Komiya, Kiyoshi Takenaka, Satoshi Sugiyama, Stephen Coates, Gerry Doyle Organizations: Korean People's Army, North, Korean Central News Agency, Reuters, KCNA, REUTERS Acquire, Rights, ROK, U.S, Thomson Locations: North Korea, Rights SEOUL, South Korea, United States, Republic of Korea, Japan, Pyongyang, U.S, Korea, Seoul, Kantaro, Tokyo

☆ No one can agree on whether remote work is making employees more productive
▼ + stars: | 2023-08-30 | by ( Madison Hoff | ) www.businessinsider.com time to read: +4 min

A report from Goldman Sachs shows studies on remote work have had different conclusions. Results from different research studies don't seem to agree on what remote working means for productivity, a recent report from Goldman Sachs shows. AdvertisementAdvertisementThe different research cited in the report had different study designs. call centers) tended to find positive impacts of remote work," the report said. As studies examine the productivity gains — or losses — of remote work, people have been asked to make the trip back to the office.

Persons: Goldman Sachs, Jose Maria Barrero, Nicholas Bloom, Steven J, Davis, Grace Lordan Organizations: Service, London School of Economics Locations: Wall, Silicon

☆ Chinese people are living two years longer thanks to ‘war on pollution,’ report says
▼ + stars: | 2023-08-30 | by ( Jessie Yeung | ) edition.cnn.com time to read: +5 min

China’s pollution levels in 2021 had fallen 42% from 2013, according to a new report released Tuesday, making it a rare success story in the region, where pollution is getting worse in some parts, including South Asia. The improvement means the average Chinese citizen’s lifespan is now 2.2 years longer, the report said. In 2021, Beijing recorded its best monthly air quality since records began in 2013. But, the report warned, there is still work to do as China remains the world’s 13th most polluted country. While China’s particulate pollution levels are within its national standards, they “significantly exceed” the World Health Organization’s (WHO) guidelines, the report said.

Persons: Greg Baker, China’s, ”, Health Organization’s, “ Organizations: Hong Kong CNN —, Getty, Energy, Institute, University of Chicago, Health, CNN Locations: Hong Kong, South Asia, Beijing, AFP, China, United States, Bangladesh, India, Nepal, Pakistan, Africa

☆ Europe's bumper Q2 puts global dividend payouts on track for record year
▼ + stars: | 2023-08-29 | by ( Marc Jones | ) www.reuters.com time to read: +4 min

This time around, the surge in global interest rates meant banks contributed half the world's dividend growth and drove a quarter of Europe's increase. At the same time, U.S. dividend growth slowed for the sixth consecutive quarter. "But the positive effect on bank margins from the end of years of ultra-low interest rates is very powerful and is driving dividend payouts". The second quarter marks a seasonal high point for Japanese dividends and payouts there rose 8.4% on an underlying basis. Its largest dividend payer, carmaker Toyota (7203.T), accounted for one third of the underlying increase with a 25% hike, despite lower profits.

Persons: Dado Ruvic, Janus Henderson, Ben Lofthouse, Lofthouse, Eli Lilly, Marc Jones, Alex Richardson Organizations: REUTERS, Companies, Global Equity, UnitedHealth Group, Intel, Blackstone, Toyota, HK, Petrobras, PETR4, Thomson Locations: Europe, Italy, Spain, Britain, Ukraine, U.S, Asia, China, Brazil, Colombia

☆ Japan at 'inflection point' in 25-year battle with deflation - govt
▼ + stars: | 2023-08-29 | by ( Leika Kihara | ) www.reuters.com time to read: +3 min

TOKYO (Reuters) - Japan may be at an inflection point in its 25-year battle with deflation as price and wage rises show signs of broadening, the government said on Tuesday, signalling its conviction the economy was nearing an end to prolonged stagnation. “Japan has seen price and wage rises broaden since the spring of 2022. Such changes suggest the economy is reaching a turning point in its 25-year battle with deflation,” the government said in its annual economic white paper. Companies this year offered their highest pay in three decades, heightening the case for a retreat from decades of ultra-loose monetary policy. Since declaring Japan in a state of deflation in 2001, the government has made ending price falls among its top policy priorities.

Organizations: REUTERS, Bank of Japan, Companies Locations: TOKYO, Japan, Tokyo

☆ Japan at 'inflection point' in 25-year battle with deflation, government says
▼ + stars: | 2023-08-29 | by ( Leika Kihara | ) www.reuters.com time to read: +3 min

REUTERS/Yuya Shino Acquire Licensing RightsTOKYO, Aug 29 (Reuters) - Japan may be at an inflection point in its 25-year battle with deflation as price and wage rises show signs of broadening, the government said on Tuesday, signalling its conviction the economy was nearing an end to prolonged stagnation. "Japan has seen price and wage rises broaden since the spring of 2022. Such changes suggest the economy is reaching a turning point in its 25-year battle with deflation," the government said in its annual economic white paper. Companies this year offered their highest pay in three decades, heightening the case for a retreat from decades of ultra-loose monetary policy. Since declaring Japan in a state of deflation in 2001, the government has made ending price falls among its top policy priorities.

Persons: Yuya, Leika, Sam Holmes Organizations: REUTERS, Rights, Bank of Japan, Companies, Thomson Locations: Tokyo, Japan

☆ Abbott's Texas National Guard set up a secret spy operation and treated the border like it was the war in Iraq: whistleblowers
▼ + stars: | 2023-08-29 | by ( Sonam Sheth | ) www.businessinsider.com time to read: +3 min

Texas National Guardsmen set up a secret spying mission by using WhatsApp to snoop on migrants, a watchdog found. Top brass in Operation Lone Star — a state-run effort to combat illegal immigration — "wanted to pretend it was like Iraq," one servicemember told The Texas Tribune and The Military Times. Insider has reached out to the Texas National Guard for comment. After whistleblowers reported the WhatsApp surveillance, leaders in the Texas National Guard shut down Operation Lone Star's intelligence unit, the report said. The Texas Military Department's inspector general also investigated the activity and determined it was an unauthorized foreign intelligence operation, the outlets reported.

Persons: snoop, Greg Abbott, Greg Abbott's, Tuesday's, weren't, David Tyler Organizations: Texas National Guardsmen, Lone Star, The Texas Tribune, The Military Times . Texas Gov, National Guardsmen, Service, Gov, Texas Tribune, The Military Times, The Tribune, Operation Lone Star, Tribune, Texas National Guard, Star, Texas Gov, Department of Homeland Security, feds, DHS, The Texas Military Locations: Iraq, Wall, Silicon, Texas, Rio Grande, Lt

☆ Self checkout could be making Americans lonelier
▼ + stars: | 2023-08-29 | by ( Alex Bitter | ) www.businessinsider.com time to read: +3 min

Self checkout might be making Americans lonelier. Most customers prefer self checkout. download the app Email address By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our Terms of Service and Privacy PolicyAdvertisementAdvertisementAmericans are lonelier than ever, and self checkout could be part of the problem. The option was especially popular with Gen Z respondents, 84% of whom said they prefer self-checkout. Self checkout is just one of many potential drivers of loneliness in the US.

Persons: it's, PlayUSA, Gen, Darryl Jones, he's, Jones Organizations: Service, Los Angeles Times, US, Kroger, Amazon, Albertsons, Times Locations: Wall, Silicon, PlayUSA, Tennessee, Southern California

☆ Air pollution now a major risk to life expectancy in South Asia - study
▼ + stars: | 2023-08-29 | by ( ) www.reuters.com time to read: +2 min

The region, which includes the world's most polluted countries of Bangladesh, India, Nepal, and Pakistan, accounts for more than half of the total life years lost globally to pollution, the University of Chicago's Energy Policy Institute (EPIC) said in its latest Air Quality Life Index. Rapid industrialization and population growth have contributed to declining air quality in South Asia, where particulate pollution levels are currently more than 50% higher than at the start of the century and now overshadow dangers posed by larger health threats. In the densely populated New Delhi, the world's most polluted mega-city, the average life span is down by more than 10 years. Reducing global levels of lung-damaging airborne particles, known as PM 2.5, to levels recommended by the World Health Organization (WHO) could raise average life expectancy by 2.3 years, or a combined 17.8 billion life years, the report said. China, meanwhile, has worked to reduce pollution by 42.3% between 2013 and 2021, the report said, highlighting the need for governments to generate accessible air quality data to help bridge global inequalities in accessing tools to combat pollution.

Persons: Blassy Boben, Mike Harrison Organizations: DELHI, University of Chicago's Energy Policy Institute, EPIC, World Health Organization, WHO, Thomson Locations: New Delhi, India, South Asia, Bangladesh, Nepal, Pakistan, United States, Delhi, China

☆ Soaring youth joblessness is driving record-setting enrollment at China's military academies
▼ + stars: | 2023-08-29 | by ( Jack Lau | South China Morning Post | ) www.businessinsider.com time to read: +5 min

Total intake at China's military academies is the highest since 2017 and 2,000 more than last year. The total intake — spread across China's 27 military academies that accept high-school graduates — was 2,000 more than last year, the People's Liberation Army (PLA)'s official newspaper reported on Tuesday. Almost all places for this cohort had been filled, the PLA Daily report said. STR/AFP via Getty ImagesThe Central Military Commission — China's top military command, chaired by President Xi Jinping — announced the new standards in March. AdvertisementAdvertisementHowever, China's military academies offer far more places for men than for women.

Persons: —, Chen Bin, Xi Jinping —, Air Defence —, Xi, Liu Yang, Zhu Yuemeng, Dong Jun Organizations: Service, People's Liberation Army, PLA, Getty, PLA Daily, Military Commission, PLA Army Academy of Artillery, Air Defence Locations: Wall, Silicon, Beijing, Huainan, Hefei, Shandong, China, Liaoning

☆ Robinhood owns $3 billion in bitcoin, making it the 3rd-biggest holder of the token
▼ + stars: | 2023-08-29 | by ( Phil Rosen | ) www.businessinsider.com time to read: +3 min

Robinhood has over $3 billion in bitcoin in a single wallet, a Coindesk report said. Citing data from Arkham Intelligence, the report said Robinhood is the third-largest bitcoin holder, behind Binance and Bitfinex. The trading platform's bitcoin stash is held in a single wallet. Robinhood sits just behind Binance and Bitfinex, which have $6.4 billion and $4.3 billion stored on single wallets, respectively, according to the report. Over a three-month period, per CoinDesk, Robinhood transferred around 118,000 bitcoins to the primary wallet from other smaller wallets.

Persons: Robinhood, CoinDesk, Bitcoin, bitcoin, Joe Kelly Organizations: Arkham Intelligence, Service, Securities and Exchange Commission, SEC Locations: bitcoin, Wall, Silicon

☆ SEC probes Change Company over mortgage-backed securities sold to Wall Street - Bloomberg News
▼ + stars: | 2023-08-28 | by ( ) www.reuters.com time to read: +1 min

The headquarters of the U.S. Securities and Exchange Commission (SEC) are seen in Washington, July 6, 2009. REUTERS/Jim Bourg Acquire Licensing RightsAug 28 (Reuters) - The US Securities and Exchange Commission (SEC) is probing The Change Company, a California lender that pledges to promote homeownership in underserved communities, over its mortgage-backed securities, Bloomberg News reported on Monday. "Neither Change nor its leadership is aware of any SEC investigation," the report said, citing the company. The SEC and The Change Company did not immediately respond to Reuters requests for comment. Reporting by Jaiveer Singh Shekhawat in Bengaluru; Editing by Shailesh KuberOur Standards: The Thomson Reuters Trust Principles.

Persons: Jim Bourg, Steven Sugarman, Jaiveer Singh, Shailesh Organizations: U.S . Securities, Exchange Commission, SEC, REUTERS, US Securities and Exchange Commission, Bloomberg, Thomson Locations: Washington, California, Bengaluru

☆ 'Interest rates are killing our industry': Here's what businesses are saying about the Fed's impact on the economy
▼ + stars: | 2023-08-28 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

The Federal Reserve's interest rate hikes are having a negative impact on the economy. "Interest rates are killing our industry," said an executive from the transportation equipment sector. AdvertisementAdvertisement"High interest rates are affecting industrial production like never before... interest rates have placed an inverted incentive to grow due to a major slowdown in capital equipment expenditures. This is the time to stop raising interest rates," one survey respondent in the computer and electronic product manufacturing industry said. Finally, a survey respondent from the transportation equipment manufacturing industry had this to say about what the Fed is doing with interest rates: "Interest rates are killing our industry."

Persons: Jerome Powell, Jackson Organizations: Dallas Fed's, Dallas Fed's Texas Manufacturing, Federal Reserve Bank of Dallas, Federal Locations: Dallas Fed's Texas, Dallas

☆ Cybercrime set to threaten Canada's security, prosperity - spy agency
▼ + stars: | 2023-08-28 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Kacper Pempel/Illustration/File Photo Acquire Licensing RightsOTTAWA, Aug 28 (Reuters) - Organized cybercrime is set to pose a threat to Canada's national security and economic prosperity over the next two years, the national signal intelligence agency said on Monday. Cyber criminals continue to show resilience and an ability to innovate their business model, it said. "Organized cybercrime will very likely pose a threat to Canada's national security and economic prosperity over the next two years," said CSE, which is the Canadian equivalent of the U.S. National Security Agency. But Chris Lynam, director general of Canada's National Cybercrime Coordination Centre, said very few crimes were reported and the real amount stolen last year could easily be C$5 billion or more. Tehran likely tolerates cybercrime activities by Iran-based cyber criminals that align with the state's strategic and ideological interests, it added.

Persons: Kacper, Chris Lynam, David Ljunggren, Tomasz Janowski, Grant McCool Organizations: REUTERS, Rights OTTAWA, Communications Security, Western, U.S . National Security Agency, Coordination, Soviet Union, CSE, Thomson Locations: Russia, Iran, Canada, Moscow, Tehran

☆ Apple reportedly planning major iPad Pro upgrade
▼ + stars: | 2023-08-28 | by ( Ashley Capoot | ) www.cnbc.com time to read: +1 min

Apple is planning some major updates for its iPad Pro in 2024, including a new Magic Keyboard, a shift to the M3 chip, and brighter and sharper displays, according to a report from Bloomberg. The revamped iPad Pro will likely boost iPad sales, which have slowed to their lowest level since the Covid-19 pandemic began in 2020, the report said. Apple's iPad Pros are its most expensive tablets. The new iPad Pro will support a new Magic Keyboard, an accessory Apple first introduced in 2020. The iPad Pro will come in an 11-inch size and a 13-inch size, which is just slightly larger than the 12.9-inch model that Apple has previously offered.

Persons: Apple's Organizations: Apple, Bloomberg

☆ Flights to and from UK impacted by air traffic 'technical issue'
▼ + stars: | 2023-08-28 | by ( ) www.reuters.com time to read: +2 min

The new remote control tower is seen between traffic cones at London City Airport, Britain, April 29, 2021. REUTERS/John Sibley/File Photo Acquire Licensing RightsLONDON, Aug 28 (Reuters) - Britain's National Air Traffic Service (NATS) was forced to restrict the flow of aircraft on Monday as it works to address a technical issue, it said, with airlines and airports warning of delays and cancellations. "We are currently experiencing a technical issue and have applied traffic flow restrictions to maintain safety. Engineers are working to find and fix the fault," a spokesperson said, adding that UK airspace was not closed. Earlier Scottish airline Loganair said on social media site X, previously known as Twitter, that there had been a network-wide failure of UK air traffic control computer systems, warning international flights may face delays.

Persons: John Sibley, Loganair, NATS, Kylie MacLellan, Mitch Phillips, Louise Heavens, Jason Neely, Alison Williams Organizations: London City Airport, REUTERS, Air Traffic Service, Engineers, Scottish, London Luton, Birmingham, British Airways, Dublin Airport, Reuters, Thomson Locations: Britain, Budapest

☆ Mysterious new California city backed by some of the biggest names in Silicon Valley, report says
▼ + stars: | 2023-08-28 | by ( Ashley Capoot | ) www.cnbc.com time to read: +2 min

An aerial view of the city of San Francisco skyline and the Golden Gate Bridge in California, October 28, 2021. Jan Sramek, a former Goldman Sachs trader, has been quietly working to build an urban utopia in California nestled near San Francisco and Silicon Valley. But just a few years after the mysterious project got underway, it is facing increasing scrutiny from local officials and residents. Local residents were unnerved by the company as it bought up more and more land, according to the report. Read more at The New York Times.

Persons: Jan Sramek, Goldman Sachs, Sramek, Flannery, Reid Hoffman, Marc Andreessen, Andreessen Horowitz, Michael Moritz, Read Organizations: The New York Times, Flannery Associates, Bloomberg, LinkedIn, Democratic, Times Locations: San Francisco, California, Silicon

☆ 4 Are Found Dead in Upper West Side Apartment, Including 2 Children
▼ + stars: | 2023-08-28 | by ( Chelsia Rose Marcius | More About Chelsia Rose Marcius | ) www.nytimes.com time to read: 1 min

Two adults, a toddler and a baby were found dead on Monday in an Upper West Side apartment in Manhattan, according to police officials. The man, 41, and the woman, 40, were both discovered with fatal injuries to their necks at the small co-op building on West 86th Street near West End Avenue, the police said. A 3-year-old boy and a 1-year-old boy also suffered fatal injuries. Officers found three knives near the victims, according to an internal police report. One knife was found lying on the bed next to the man, the report said.

Locations: Upper, Manhattan, West

☆ China's big internet names have mostly beat. Here's where analysts think the stocks are headed
▼ + stars: | 2023-08-27 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +5 min

All three stocks have double-digit gains ahead of them, if the average FactSet analyst price target holds true. Still, the average price target rose by 2.4% to $118.90 a share, according to FactSet. KraneShares CSI China Internet ETF (KWEB) gained nearly 19% last month. "We expect the stock will remain volatile in the near term along with China internet peers on macro uncertainty," the report said. Loop has a $210 price target on Baidu, more than 50% above where shares closed on Friday.

Persons: Tencent, –, Louis, Vincent, Jiong Shao, Nomura, Jialong Shi, Morgan Stanley, Alex Poon, NetEase, Rob Sanderson, — CNBC's Michael Bloom Organizations: Baidu, UBS, Hong, Barclays, China Internet, CSI China Internet Locations: U.S, Europe, China, Hong Kong, Barclays China, Tencent

☆ SpaceX rocket explosion left craters a foot deep, started a fire and incinerated blue land crabs, report says
▼ + stars: | 2023-08-26 | by ( Ryan Hogg | ) www.businessinsider.com time to read: +3 min

The environmental damage caused by a SpaceX rocket explosion in April shocked officials. Bloomberg reported that seven bobwhite quail eggs and a group of blue land crabs were incinerated. Concrete chunks left massive craters around the launch site and ignited a fire covering 3.5 acres. That fire incinerated seven bobwhite quail eggs and a "collection of blue land crabs," while also leaving several craters a foot deep across tidal flats, per Bloomberg. Wildlife officials also questioned why SpaceX did not use the same flame-suppression technology that's regarded as the best available, Bloomberg reported.

Persons: deflector Organizations: SpaceX, Bloomberg, Service, FAA, Fish and Wildlife Service, CNBC, Environmental Protection Agency, Wildlife Locations: Wall, Silicon, Gulf, Mexico

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