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☆ Charlie Munger once funded a $185 million windowless dorm at his alma mater, the University of Michigan: 'You never saw a happier bunch of students'
▼ + stars: | 2023-11-29 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +3 min

Investing legend Charlie Munger once bankrolled a windowless dorm at the University of Michigan. Munger, who passed away on Tuesday, once funded a $185 million dorm at his alma mater, the University of Michigan. In 2013, Munger donated $110 million to construct the Munger Graduate Residences. Advertisement"You never saw a happier bunch of students," Munger told CNN about a visit he made to Munger Graduate Residences in 2021. "It was a mistake on my part," Munger told CNN.

Persons: Charlie Munger, Munger, —, Luiza, Macadeo Organizations: University of Michigan, CNN, Service, Munger Graduate, Bloomberg, University of California, Santa Barbara, UCSB Locations: Munger, Santa

☆ Fire damaged Nikola Tesla's last remaining laboratory that crowdfounders raised over $1 million to save
▼ + stars: | 2023-11-29 | by ( Jenny Mcgrath | ) www.businessinsider.com time to read: +3 min

A serious fire broke out at the Tesla Science Center at Wardenclyffe. The facility is famed inventor Nikola Tesla's only laboratory still in existence. AdvertisementJust months after a groundbreaking ceremony for a $20-million restoration project, a fire broke out at the Tesla Science Center at Wardenclyffe. Located in Shoreham, New York, the facility is the last-remaining laboratory of inventor Nikola Tesla . The brick walls are still standing, but there is damage to the roof at the Tesla Science Center at Wardenclyffe.

Persons: Nikola Tesla's, —, Nikola Tesla, Firefighters, Marc Alessi, " Alessi, Mark Thaler, haven't, Tesla, Thomas Edison, Matthew Inman Organizations: Tesla Science, Service, Niagara Parks Power Locations: Wardenclyffe, Shoreham , New York, New York, London

☆ See inside a 3D-printed tiny home being built to help address LA's housing crisis
▼ + stars: | 2023-11-29 | by ( Brittany Chang | ) www.businessinsider.com time to read: +5 min

Woodbury University School of Architecture's students and faculty are 3D printing a tiny home. AdvertisementLos Angeles could soon welcome its first permitted 3D-printed tiny home being built by an unexpected team. AdvertisementWoodbury University School of Architecture's 3D-printed tiny home will be topped with solar panels, according to its rendering. Woodbury University School of ArchitectureWhen finished, the unit will be Los Angeles' first permitted 3D-printed home , according to Woodbury's architecture school. Woodbury University School of ArchitectureBut nobody's lining up to move in despite its desirable location less than a 10-minute drive from Hollywood Burbank Airport.

Persons: —, Brittany Chang Organizations: Woodbury University School, Service, Futures, Solar, Architecture, US Department of, Woodbury University School of, Woodbury University School of Architecture, Solar Futures, Hollywood Burbank Airport, Business, Woodbury University, University of Maine's Locations: Los Angeles, Woodbury, Burbank , California

☆ India tunnel collapse: Rescuers begin risky vertical drilling after bid to free trapped Himalayan tunnel workers falters
▼ + stars: | 2023-11-28 | by ( Rhea Mogul | ) edition.cnn.com time to read: +7 min

India airlifted a high-powered drilling machine to assist in the rescue of dozens of road workers trapped underground. “The vertical drilling will disturb the rock formation and will cause vibrations to the mountain,” said Sundriyal, who is considered an expert in local rock formations. “However, it is difficult to say which one of the two methods would help us reach the trapped workers first,” he told reporters Monday. But for most of the families of the trapped men, the wait has been an agonizing switch between hope and despair. One of the trapped workers can be seen on camera.

Persons: Mahmood Ahmed, Yaspal, ”, Sundriyal, Harpal Singh, Mahi Shah, Sonu, Shah, ” Shah, ” Krishna Chauhan, Manjeet, Chauhan, ” Chauhan, Narendra Modi’s Char, Anrold Dix, ” Dix, “ Organizations: New, New Delhi CNN, Engineers, Authorities, India’s Ministry of, Highways, Garhwal, CNN, Roads Organization, Indian, Ministry of Environment, “ Locations: New Delhi, India’s, Uttarakhand, India, Garhwal University, Uttarakhand Government, Bihar, Mumbai, Mizoram, Morbi, Gujarat, Australian

☆ Betting on a market pullback with a bearish options trade on a stock showing signs of stalling
▼ + stars: | 2023-11-28 | by ( Nishant Pant | ) www.cnbc.com time to read: +4 min

Finding a stock to trade "A rising tide lifts all boats" and vice-versa is my mantra here. The trade set-up With a bearish directional bias in place, all I need to do is find a suitable options structure to take a bearish trade. The trade structure I am using here is called a "bear put spread" also known as a "put debit spread". Most trading platforms will offer a bear put spread (or long put spread) as a trade type and automatically construct the trade for you. Since the width of our spread is $255 – $250 = $5, I can buy the spread for $2.50.

Persons: XLF, Nishant Pant Organizations: Visa, Mastercard

NAIROBI, Kenya (AP) — The Kenyan High Court on Tuesday struck out key clauses of a contentious finance law that has been blamed for significantly raising taxes and the cost of living in East Africa’s largest economy. High court judges David Majanja, Christine Meoli and Lawrence Mugambi said parts of the Finance Act 2023, including a mandatory housing levy, were unconstitutional and couldn't be enforced. The housing levy is a significant agenda of President William Ruto, who has pledged to construct 1 million homes by 2027 under his affordable housing program already underway in parts of the country. It led to mass protests in the capital, Nairobi, and parts of western Kenya where the opposition enjoys big support. “Every day we receive notifications from employers on their intent to declare redundancy,” the federation said.

Persons: David Majanja, Christine Meoli, Lawrence Mugambi, couldn't, William Ruto, Herman Manyora Organizations: Kenyan High Court, Monetary Fund, Federation of Kenyan Employers Locations: NAIROBI, Kenya, East Africa’s, Nairobi

☆ How Cape Town is learning to live with baboons
▼ + stars: | 2023-11-27 | by ( Callum Sutherland | ) edition.cnn.com time to read: +3 min

CNN —On the outskirts of Cape Town an unusual resident can often be found rummaging through rubbish bins and around back yards. Baboon researcher Esme Beamish, from Cape Town University’s Institute for Communities and Wildlife in Africa, explains that it makes sense for the monkeys to venture into the city in search of food. “Even if we had the perfect baboon proofing of urban areas, they would still be attracted.”Baboons overlooking Cape Town. Baboons raid a tourist's car on the outskirts of Cape Town. The initial plans suggest erecting fences at a number of sites along the top of Cape Peninsula, a natural habitat for the animals, and more fences have been proposed along the edge of suburbs in west Cape Town.

Persons: Esme Beamish, ”, Beamish, They’ve, Schalk van, Jenni Trethowan, ‘ Organizations: CNN, Cape Town University’s Institute for Communities, Wildlife Locations: Cape Town, Africa, Town’s, Cape, Cape Peninsula

☆ Nuclear's uncertain role in the shift away from fossil fuels is seen as critical and very contentious
▼ + stars: | 2023-11-27 | by ( Anmar Frangoul | ) www.cnbc.com time to read: +4 min

It's set to be a hot topic at the COP28 summit in Dubai, which begins this week. There are reports that there will be a concerted effort to get behind a big increase in nuclear capacity from now to 2050. "As more nations understand the role nuclear can play in achieving energy security and decarbonisation targets, global support for nuclear energy is growing," he added. "The phase-out of nuclear power makes our country safer; ultimately, the risks of nuclear power are uncontrollable," Steffi Lemke, Germany's federal minister for the environment and nuclear safety, said in April. France, a major player in nuclear power, is also planning to increase its number of reactors.

Persons: Janos Kummer, Atoms4NetZero, Rafael Mariano Grossi, Friedrich Merz, CNBC's Annette Weisbach, Merz —, Chancellor Olaf Scholz —, Steffi Lemke Organizations: Getty, International Atomic Energy Agency, CNBC, World Nuclear Association, IAEA, Christian Democratic Union, Greenpeace, Germany —, — Locations: Slovakia, Dubai, United Arab Emirates, COP28, Germany, Sweden, France

☆ Why cautious investors may want to look beyond high-yield savings accounts
▼ + stars: | 2023-11-25 | by ( Meredith Mutter | ) www.cnbc.com time to read: +1 min

Cautious investors piling into cash may want to consider other options. According to SPDR Exchange Traded Funds' Matthew Bartolini, active management can also provide them with stability and income while creating more opportunities for upside. Bartolini contends that not only do they give investors more flexibility, the strategies also provide consistent performance and improved tax efficiencies. "But with higher returns comes higher volatility," added Bartolini, who sees big benefits from active management. "On the cash portion of the market, that income is not going to be as stable as it once was because of reinvestment risk," he said.

Persons: Matthew Bartolini, CNBC's, Bartolini Organizations: SPDR

☆ New York City will pay homeowners up to $395,000 to build an extra dwelling in their garage or basement to help ease the housing shortage
▼ + stars: | 2023-11-25 | by ( Eliza Relman | ) www.businessinsider.com time to read: +3 min

New York City unveiled a pilot program to help homeowners build accessory dwelling units. New York City just unveiled its newest effort, which will hand 15 homeowners up to $395,000 to build an additional apartment. The idea is to boost housing density in a city in desperate need of new housing. The proposal also aims to legalize ADU construction across much more of the city. New York City is facing an especially severe housing affordability crisis.

Persons: —, Eric Adams Organizations: New York State, Service, New York Times, York City, Big Apple Locations: York City, New York City, New York, York, California, Oregon

☆ A tiny ancient elephant that roamed Sicily 200,000 years ago had babies the size of pet dogs
▼ + stars: | 2023-11-24 | by ( Maiya Focht | ) www.businessinsider.com time to read: +4 min

Over a hundred years ago, in the late 19th century, researchers discovered the bones of an ancient elephant in Sicily, near Syracuse. AdvertisementExtreme elephant evolutionThe juvenile Sicilian dwarf elephant. AdvertisementWhy did this ancient elephant get so tiny? One group of giant straight-tusked elephants moved to Sicily about 200,000 years ago. Understanding cases like the Sicilian dwarf elephant helps scientists better understand evolution as a whole, Van der Geer, said.

Persons: —, might've, Alexandra van der Geer, It's, Van de Geer, Ross MacPhee, MacPhee, there's, Van der Geer Organizations: American Museum of, Service, Leiden University Locations: Sicily, Syracuse, NYC, Netherlands, Europe, European

☆ As Groundwater Dwindles, Powerful Players Block Change
▼ + stars: | 2023-11-24 | by ( Christopher Flavelle | Mira Rojanasakul | ) www.nytimes.com time to read: +19 min

They serve on the board of Groundwater Management District 3, which since 1996 has overseen the pumping of 16.2 trillion gallons of groundwater — enough to fill Lake Mead, the country’s largest reservoir, twice over. From Maryland to Hawaii groundwater levels are falling, often the result of overpumping and underregulation, made worse by climate change. Groundwater Levels at Goldstrike Mine Observation wells at Goldstrike show a pattern of immense groundwater withdrawals. “And money talks.”Kansas City Groundwater Management District 3 KANSAS Wichita KANSAS Groundwater Management District 3 Kansas City Groundwater Management District 3 KANSAS WichitaGrowing corn in the Kansas drylandsIn Kansas, the power of the men who run Groundwater Management District 3 is enormous. Groups like Groundwater Management District 3 have until 2026 to come up with plans to sustain groundwater.

Persons: Lake Mead, —, Catherine Hospital —, we’re, ”, Lindsay Vaughn, David Robert Elliott, Joe Newland, Nevada Adam Sullivan, Christina Erling, Erling, Adam Sullivan, Emily Najera, Kim Raff, Julie Pazina, ” Barrick, Michael McCarthy, Barrick, ” Mr, McCarthy, Michael H, Taylor, Patrick Donnelly, don’t, Helena Billings, it’s, Galt, Wylie Galt, Bill Galt, Dutton, Wylie, Errol Galt, Galt’s, Matthew Hamon, The New York Times Eugene Graf, Montana homebuilders, The New York Times Montana, Brad Dundas, Dundas, Mr, John Tubbs, Tubbs, The New York Times Errol Galt, Eugene Graf, Graf, Guy Alsentzer, “, Lucas Bessire, Vaughn, Newland, Mark Rude, Kan, The New York Times Mark Rude, Ms, Lall, Ali Zaidi, Biden, Jared Huffman, Huffman Organizations: Groundwater Management, Walmart, State, The New York Times, Kansas Farm Bureau, New York Times, NEVADA Carson City Las, Barrick, Carson City Las, NEVADA Carson City, North, Barrick Gold Corporation, Nevada Gold Mines, Nevada, of Water, University of Nevada, Center for Biological Diversity, Republican, Representatives, The Times, Galt, state’s Department of Natural Resources, The New York, Montana Fish, Montana Building Industry Association, KANSAS, KANSAS Wichita KANSAS Groundwater Management, KANSAS Wichita, Kansas drylands, Management, Kansas City Topeka, Kansas City, Topeka Wichita, Survey, University of Oklahoma, Groundwater, Kansas, Columbia Water Center, Columbia University, Natural Resources Defense Council, Marin Municipal Water District, Fisheries Locations: United States, Garden City, Kan, America, Lake, Kansas, Maryland, Hawaii, Barrick, NEVADA Carson, Carson, Nevada, Canada, Goldstrike, North America, Barrick’s, ” MONTANA, Helena, Bozeman MONTANA, Helena Billings Bozeman, Montana, Galt, ”, Broadwater County, Elk, Confederate, Sulphur Springs, Mont, Upper Missouri, Townsend, ” Kansas, Groundwater Management District, KANSAS Wichita KANSAS, KANSAS Wichita KANSAS Groundwater Management District, KANSAS, Kansas drylands In Kansas, District, Wichita, Kansas City Topeka, Management District, Topeka, Kansas City, Arkansas, Washington, California, Marin

Impossible is often just a starting point on a Christopher Nolan film and “Oppenheimer,”about the father of the atomic bomb, was no exception. She told them at the time that if there were ever a zombie apocalypse, they were the people she’d want to be with. “Every day there’s something that happens and you have to figure out a way out of it. It was the perfect claustrophobic, unglamourous and period-specific setting for a humiliating ordeal designed to make Oppenheimer feel small. When he glued it all together, it sounded perfect — but perfect felt wrong.

Persons: Christopher Nolan, “ Oppenheimer, ”, Gary Oldman, Harry S, Truman, Emma Thomas can’t, ” Thomas, Ruth De Jong, Hoyte van Hoytema, Jennifer Lame, Chris, Luisa Abel, Jaime Leigh McIntosh, “, ” Abel, Nolan, ” McIntosh, Oppenheimer ”, Ellen Mirojnick, Mirojnick, Oppenheimer, De Jong, ” Nolan, van, van Hoytema, Lame, Emily Blunt, Ludwig Göransson’s, Oppenheimer’s, “ Oppenheimer ”, that’s, Serena McKinney, Andrew Jackson, Chris Nolan, Richard King, you’ve, King, ” Jackson, Göransson, ” it’s Organizations: Associated Press, Washington, Trinity Locations: Alamos, New Mexico, Los Angeles, Southern California, Dunkirk, ”

☆ Fact Check: Video of volcano eruption in Iceland is not from November 2023
▼ + stars: | 2023-11-21 | by ( Reuters Fact Check | ) www.reuters.com time to read: +2 min

A video showing the eruption of the Fagradalsfjall volcano in Iceland dates back to March 2021 and does not show new eruptions forecast in November 2023 for the southwest of the country. Users have shared the clip with captions such as: “BREAKING NEWS | #Iceland #volcano Fagradalsfjall volcano in Iceland is erupting violently. The circulating video shows the eruption of Fagradalsfjall in March 2021. The earliest example found by Reuters was posted on YouTube (archived) on March 22, 2021 by the channel @TravellerInTheWholeWorld, with a caption that says it shows the eruption of the Fagradalsfjall volcano on March 19, 2021. The video dates back to 2021 and does not show a volcanic eruption in November 2023.

Persons: Read Organizations: Twitter, Facebook, Authorities, Reuters, YouTube, Icelandic Meteorological, Thomson Locations: Iceland, Grindavik, Fagradalsfjall

☆ A bearish options bet against this coffee stock showing some fatigue
▼ + stars: | 2023-11-21 | by ( Nishant Pant | ) www.cnbc.com time to read: +3 min

Starbucks (SBUX) looks like it could be an interesting stock to bet against. If it moves above 70 it means the stock is overbought, if it drops below 30 the stock is oversold. While being overbought doesn't guarantee a reversal, a drop below the 70 mark after being overbought often signals a potential pullback. DMI (Directional Movement Index): When the DI+ (green line) is above DI- (red line), the stock is in an uptrend. A bear put spread With a bearish directional bias in place, all I need to do is find a suitable options structure to take a bearish trade.

Persons: ”, SBUX Organizations: Starbucks

In a move that may soon be replicated elsewhere, the Gila River Indian Community recently signed an agreement with the U.S. Army Corps of Engineers to put solar panels over a stretch of irrigation canal on its land south of Phoenix. “This was a historic moment here for the community but also for the region and across Indian Country,” said Gila River Indian Community Gov. The idea is simple: install solar panels over canals in sunny, water-scarce regions where they reduce evaporation and make renewable electricity. Neither the Gila River Indian Community nor the Turlock Irrigation District are the first to implement this technology globally. Tribes hold the most senior water rights on the Colorado River, though many are still settling those rights in court.

Persons: ”, Stephen Roe Lewis, ” Lewis, Sun Edison, haven't, Heather Tanana, “ Organizations: U.S . Army Corps of Engineers, Community, Twitter, University of California, UC Merced, Irrigation, Sun, Reclamation, Associated Press, Walton Family Foundation, AP Locations: Phoenix, United States, Gila, Merced, Central, Gujarat, U.S, Irvine, Navajo, Colorado, Lake Mead

☆ Yemen's Houthi rebels hijacked a cargo ship in the Red Sea on Iran's orders, Israel says
▼ + stars: | 2023-11-19 | by ( Alia Shoaib | ) www.businessinsider.com time to read: +3 min

Yemeni Houthi rebels hijacked a cargo ship in the Red Sea on Sunday. The group has pledged to take action against Israeli ships until attacks on Gaza stopped. AdvertisementIsrael said that a cargo ship was hijacked in the Red Sea by Yemen's Houthi rebels on Iran's orders. The rebels used a helicopter raid to hijack the ship at around 1 p.m. local time, three US officials told NBC News. The Israel Defense Forces said in a statement that it was not an Israeli ship, adding that the incident was "a very grave incident of global consequence."

Persons: —, Israel, Yemen's Houthi, Rami Ungar, Benjamin Netanyahu's, Yahya Sare'e Organizations: Service, Galaxy Leader, The New York Times, NBC, Israel Defense Forces, Yemeni Armed Forces Locations: Gaza, Israel, Iran, Red, Turkey, India, Bahamas, British, Yemen, Israeli, Ukraine, Bulgaria, Philippines, Mexico

☆ Morgan Stanley: These are the best 65 stocks to buy in 2024 as investors face macroeconomic headwinds, lower growth, and restrictive monetary policy
▼ + stars: | 2023-11-19 | by ( Mark Reeth | ) www.businessinsider.com time to read: +8 min

Here's how Morgan Stanley thinks the stock market will move in 2024, the economic warning signs investors should watch for, and which stocks are best positioned to outperform next year. A stronger stock market in 2024You'd think with the myriad problems stocks are facing right now that the market is in for a difficult year ahead. Wilson believes that earnings growth will accelerate as the year progresses. Morgan StanleyBeyond strong earnings growth for individual companies, Wilson expects that increased spending in a variety of industries will provide fiscal support across the market. Guided by the themes above, Wilson polled Morgan Stanley analysts for their top stock picks heading into 2024.

Persons: Morgan Stanley, Michael Wilson, Morgan Stanley Wilson, Wilson, Jerome Powell Organizations: Business, Reserve, Walmart, Target, Fed, White House Locations: headwinds, bailouts

☆ Turkey's Bayraktar TB2 drones have lost their edge in Ukraine, but the company behind them is still making a big bet there
▼ + stars: | 2023-11-16 | by ( Paul Iddon | ) www.businessinsider.com time to read: +6 min

Turkish-made Bayraktar TB2 drones were a valuable weapon for Ukraine after Russia invaded last year. The TB2 drone has lost much of its utility as Russia's military has adapted to its use, however. AdvertisementA Bayraktar TB2 at a military base in Ukraine in March 2019. Press Office of the President of Ukraine / Mykola Lararenko / Handout/Anadolu Agency/Getty ImagesBaykar has supplied at least 50 TB2 drones to Ukraine to date. Baykar's Bayraktar Akinci drone on display at Istanbul's Ataturk Airport in April.

Persons: —, Haluk Bayraktar, Mykola Lararenko, Col, Volodymyr Valiukh, Ali Bakir, Haluk, Bakir, James Rogers, Rogers, Oguz Yeter, Paul Iddon Organizations: Service, Press, Anadolu Agency, Getty, Ukrainian, Ukraine's Main Intelligence, Business, Baykar, Cornell Brooks School Tech Policy Institute, Istanbul's, Airport Locations: Ukraine, Russia, Turkish, Russian, Kyiv, Ukraine's, Turkey, Ukrainian, Ankara, Syria, Libya, Nagorno, Karabakh, Ethiopia

☆ Indian authorities contact Thai cave rescue team as urgency increases to reach trapped men
▼ + stars: | 2023-11-16 | by ( Rhea Mogul | ) edition.cnn.com time to read: +6 min

Rescue teams inside the Uttarakhand tunnel on November 14, 2023. Uttarakhand State Disaster Response Force/Handout/ReutersAuthorities said they were exploring all options to reach the men, including contacting teams experienced in delicate rescue missions. “The rescue team has contacted the Thailand company which had rescued the children trapped in the cave,” it added. Twelve boys and their soccer coach were rescued after nearly three weeks trapped inside the flooded Tham Luang cave by a specialist cave diving team in 2018. Indian authorities have also reached out to the Norwegian Geotechnical Institute (NGI) to get advice, the statement said.

Persons: ”, Kirti Panwar, NGI, “, –, Manish Khalkho, ” Khalkho, B.S, Pokriyal, Narendra Modi’s Char Organizations: New, New Delhi CNN, Thai, soccer, Disaster, Reuters Authorities, Uttarkashi, CNN, Institute, Indian Railways, Authorities, India’s, Management Authority, Rescuers, National Highways, Infrastructure Development Corporation Locations: New Delhi, Uttarakhand, Norway, Thailand, Thai, Narendra Modi’s Char Dham, China, India, Mizoram, Bihar

☆ Make America Build Again
▼ + stars: | 2023-11-16 | by ( Adam Rogers | ) www.businessinsider.com time to read: +37 min

America is the sixth-most-expensive place in the world to build subways and trolleys. The solutions will cost trillions of dollars and require a pace of building unseen in America since World War II. Perhaps the single most pressing question we face today is: How do we make America build again? "For this class of projects, federal environmental laws are more the exception." The prospect of overhauling our hard-won environmental laws might feel like sacrilege to anyone who cares about the Earth.

Persons: Anne, Marie Griger's, Griger, —, They're, Obama, I'm, we've, We've, I'd, It's, Matt Harrison Clough, Jamie Pleune, AECOM, Joe Biden's, There's, David Adelman, David Spence, Spence, James Coleman, NECA, Coleman, everyone's, Danielle Stokes, Nobody, Bill McKibben, Mother Jones, McKibben, Michael Gerrard, Columbia University —, they've, David Pettit, it's, Zachary Liscow, That's who's, Adam Rogers Organizations: RES Group, Environmental, Infrastructure Investment, Jobs, Land Management, Forest Service, University of Utah, Harvard Joint Center for Housing Studies, Brookings, Bureau of Ocean Energy Management, White, University of Texas, Greenpeace, Natural Resources Defense Council, Act, NEPA, Berkeley, University of California, University of Southern, Southern Methodist University, Ecosystems Conservation, GOP, Biden, Motorola, Telecommunications, Conservatives, Federal Energy Regulatory Commission, FERC, University of Richmond, UC Berkeley, USC, Star, Sabin, Climate, Columbia University, Natural Resources Defense, Republicans, Democrats, Management, Budget, Yale Law School Locations: Panama, Colorado, . California, Los Angeles, San Francisco, China, America, Washington, , Wyoming, Nantucket, New England, San Francisco ., University of Southern California, California, New York, Florida, Southern California, Las Vegas

☆ SpaceX Starship: World’s most powerful rocket ready for takeoff
▼ + stars: | 2023-11-16 | by ( Jackie Wattles | ) edition.cnn.com time to read: +11 min

CNN —After months of rebuilding and clearing red tape following the April explosion of the Starship system’s first test flight, SpaceX is set for its next attempt. The Starship spacecraft stacked atop the Super Heavy booster is intended to play a key role in the NASA Artemis III moon mission, currently slated for 2025. After its fuel is spent, the Super Heavy will detach from the Starship spacecraft and fall back toward the ocean. “These delays may seem small in the big scheme of things but … delays in each and every test flight adds up. One group of activists sued the FAA in May, alleging regulators had failed to comply with federal environmental law when they greenlit Starship’s April test flight.

Persons: Elon Musk, Musk, they’re, NASA Artemis, ”, Musk’s, SpaceX’s, NASA’s —, Jim Free, “, ” Musk, William Gerstenmaier —, we’re, ” Gerstenmaier, Jared Margolis Organizations: CNN, SpaceX, Super, NASA, International Astronautical, “, NASA’s, Systems, Federal Aviation Administration, FAA, Center for Biological Locations: Riding, Boca Chica , Texas, South Texas, Texas, Padre, of Mexico, Hawaii, Baku, Azerbaijian, China

☆ How to bet on a comeback in energy stocks, which look primed for a bounce
▼ + stars: | 2023-11-14 | by ( Nishant Pant | ) www.cnbc.com time to read: +3 min

DMI (Directional Movement Index): DMI is composed of 3 lines, DI+ (green line), DI- (red line) and ADX (blue line). When the DI- (red line) is above the DI+ (green line), it indicates a downtrend which is what XLE is experiencing at the moment. Note that both DI- and DI+ are changing direction which provides further confirmation that XLE is turning around. THIS CONTENT IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY AND DOES NOT CONSITUTE FINANCIAL, INVESTMENT, TAX OR LEGAL ADVICE OR A RECOMMENDATION TO BUY ANY SECURITY OR OTHER FINANCIAL ASSET. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.

Persons: ”, XLE Organizations: SPDR Energy, Exxon Mobil, Natural Resources, Valero Locations: oversold, Chevron, XLE

☆ Uttarakhand, India tunnel collapse: Rescuers scramble to reach up to 40 workers trapped in Uttarkashi
▼ + stars: | 2023-11-13 | by ( Rhea Mogul | Aishwarya Iyer | ) edition.cnn.com time to read: +2 min

As many as 40 men were working in the tunnel, part of an ambitious Himalayan highway project in town of Uttarkashi, when part of the passageway leading to the entrance gave way, authorities said. “We are all working hard to get them all out,” Uttarkashi superintendent of police, Arpan Yaduvanshi, told CNN on Monday. Rescuers have been supplying oxygen and water to the men through the debris, Yaduvanshi added. The Char Dham Highway project is expected to be nearly 1,000 kilometers (621 miles) long, improving access to the state from India’s capital New Delhi. In August, more than a dozen workers were killed after a bridge under construction collapsed in the northeastern state of Mizoram.

Persons: New Delhi CNN —, ”, Arpan Yaduvanshi, Anuj Kumar, Narendra Modi’s Char Organizations: New, New Delhi CNN, CNN Locations: New Delhi, India, Uttarkashi, State, Narendra Modi’s Char Dham, Uttarakhand, China, Mizoram, Bihar, Morbi, Gujarat

☆ In Israel and Gaza, Biden Needs to Do More to Build Peace - The New York Times
▼ + stars: | 2023-11-11 | by ( Nicholas Kristof | ) www.nytimes.com time to read: +7 min

It may not be possible to end the Gaza war this year, establish a post-Hamas peace in Gaza and restart a process to give Palestinians the state they deserve. Biden may be the single most popular person in Israel today, and the United States has leverage as Israel’s most important ally and diplomatic protector. Biden’s forceful backing of Israel after the Hamas terror attack won him enormous gratitude from a people not much used to such unequivocal support. To his credit, Biden has tried to nudge Israel in this direction, as has Secretary of State Antony Blinken. The Biden administration has already encouraged Israel to ratchet its assault on Gaza several notches toward the surgical end, by using smaller bombs and allowing humanitarian pauses.

Persons: Biden, Antony Blinken, They’ve, —, Benjamin Netanyahu’s, Netanyahu, ”, General David Petraeus, Israel, Marwan Barghouti, Palestine’s Mandela Organizations: Israel, United Nations, Gaza Health Ministry, State Department, The United Nations, Israeli Army, Biden, United Nations Security Council, Jewish, West Bank Locations: Israel, Palestine, Gaza, United States, Iran, America, Iraq, Jerusalem

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