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☆ He bought a cruise ship on Craigslist and spent over $1 million restoring it. Then his dream sank
▼ + stars: | 2024-09-18 | by ( Tamara Hardingham-Gill | ) edition.cnn.com time to read: +15 min

CNN —Buying a historic cruise ship he found on Craigslist back in 2008 was undoubtedly a life-altering decision for Chris Willson. Ship of dreamsWillson and Li moved on board the ship and focused their energies on painstakingly restoring it. Christopher WillsonHis ultimate goal was to transform the neglected ship into a museum, but things didn’t quite go to plan. “We absolutely loved our time with that ship,” Willson tells CNN Travel. It subsequently remained at Alameda for several years, before being purchased by a businessman, who went on to list the ship on Craigslist.

Persons: Chris Willson, Jin Li, Willson, Li, Christopher Willson, ” Willson, I’m, ”, Wappen von Hamburg, “, Aurora ’, Helen’s Marina, ” Herman, “ I’d, Christopher Willson “, Aurora, he’d, Kristina Werner, Connie Cochran, ” Cochran, Cochran, he’s, Christopher Wilson Willson, I’ve, “ There’s, Mary, that’s, haven’t, “ I’ve, hasn’t, It’s, Chris, … Wappen von, … Wappen von Hamburg doesn’t Organizations: CNN, Craigslist, CNN Travel, Blohm, California Delta, Herman, Aurora, Unified Command, US Coast Guard, California Department of Fish, Wildlife, Coast Guard, San, San Joaquin County Sheriff’s, Delta, Global, Wildlife’s, Spill Prevention, City, ” CNN, Love, YouTube, … Wappen von Hamburg Locations: Utah, Germany, Voss, California, Rio Vista, San Francisco’s, Little Potato, Stockton, California’s Central Valley, Chaleur, San Joaquin County, City, Russia, Vancouver, Alameda , California, Alameda, Craigslist, United States, Philadelphia’s Delaware, Long, Aurora

☆ Major players in U.S. supply chain seek new approach to shipping legislation
▼ + stars: | 2024-07-24 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +4 min

Labor unions, maritime shipping interests and other supply chain businesses have formed a new trade group to push for more domestic infrastructure investment to safeguard the supply chain. "We are bringing the links of the supply chain together," said Josh Wood, CEO of the Supply Chain Council. "We will be championing legislation to strengthen supply chain resiliency and jobs." Wood said that before Covid, supply chain segments were most often viewed independently, and the need to focus on interconnectedness of freight segments has continued to increased with the supply chain experiencing major headwinds. One of the contentious aspects of a strong supply chain is the introduction of automation.

Persons: Johnson, Josh Wood, Wood, There's, Steven Hussain, Hussain, Josh LaFarga, LaFarga, It's, Harold J, Daggett Organizations: Labor, Chain Council, Johnson Controls, Northern Rail Company, SSA Marine, International Union of, Pacific Merchant Shipping Association, Prologis, Community Relations, CNBC, Southern, Workers, Longshoremen's Association, Gulf Ports, United States Maritime Alliance Locations: Prologis, International Union of North America, Panama, Southern California, East Coast, Gulf, United States

☆ Opinion | The New N.Y.P.D. Motto Is Missing Some Important Words
▼ + stars: | 2024-07-09 | by ( Mara Gay | ) www.nytimes.com time to read: +1 min

Patrol cars used by the New York Police Department will soon bear a new motto, news that made me raise an eyebrow. Three important words — “Courtesy, Professionalism, Respect” — have been on the side of patrol cars since 1996, when this New York City kid was just 9 years old. And the N.Y.P.D.’s decision to drop the old motto — born in an era when the department was at least attempting to solicit the good will of a skeptical public — feels notable. It reminded me of a weird episode at the Police Department earlier this year when the department and several members of the top brass began using their official N.Y.P.D. social media accounts to attack a city councilwoman, a political activist and journalists.

Persons: Rudy Giuliani, Gothamist, —, John Chell, Harry Siegel, Harry ‘, ’ Siegel, ”, Chell, Eric Adams Organizations: New York Police Department, Police Department, Daily News Locations: York City

☆ Goldman Sachs partner Beth Hammack to succeed Mester as Cleveland Fed leader
▼ + stars: | 2024-05-29 | by ( Jeff Cox | ) www.cnbc.com time to read: +2 min

A Goldman Sachs executive and finance industry veteran will take over as the new president of the Cleveland Federal Reserve. The central bank district announced Wednesday that Beth M. Hammack, 52, will take over when Loretta Mester steps down June 30. In the interim, Cleveland Fed First Vice President Mark S. Meder will serve as the president. As the Fed contemplates its next moves with monetary policy, the Cleveland president plays an important role this year as a voter on the rate-setting Federal Open Market Committee. Hammack comes to the Cleveland Fed after serving with Goldman Sachs since 1993 in multiple roles, having been a partner since 2010 after being named managing director in 2003.

Persons: Goldman Sachs, Beth M, Loretta Mester, Hammack, Mark S, Beth, Heidi Gartland Organizations: Cleveland Federal Reserve, Cleveland Fed, Fourth, Cleveland, Market, Stanford University, University Hospitals

☆ Columbia University president hit with no-confidence vote from faculty group over handling of pro-Palestinian campus protests
▼ + stars: | 2024-05-16 | by ( Alisha Ebrahimji | ) edition.cnn.com time to read: +12 min

Columbia cited security concerns in canceling the large event, a school official told CNN, and instead is holding smaller ones. “Canceling the traditional commencement ceremony was one of the toughest calls in a year of many tough calls,” Shafik wrote in an op-ed in the Columbia Daily Spectator, noting her top priority has been the safety of students, faculty and staff. Fifty people were arrested, and police began the booking process onsite, university spokesperson Tom Vasich said in an email. Pro-Palestinian protesters had set up a campus encampment on April 29, when the university also called in local law enforcement. “This is not protest, this is pure hate.”The building’s takeover came a day after the UCB Divest Coalition agreed to end its campus encampment following discussions with university leadership.

Persons: Minouche Shafik, “, Shafik “, Ben Chang, Shafik, ”, ” Shafik, Tom Vasich, ” Vasich, Vasich, Anna, Dan Mogulof, Nazism ”, David, Mogulof, Santiago Mejia, ” Carol Christ, Jagdeep Singh Bachher, Ana Mari Cauce, ” Cauce, David Ryder David Ryder, ’, Russell Dorn, Robert Manuel, ” Manuel, Manuel, –, ” Benjamin Meyer, Morehouse, Joe Biden’s, David A, Thomas, CNN’s Victor Blackwell, Amanda Musa, Matt Egan, Julia Vargas Jones, Andy Rose, Chris Boyette, Melissa Alonso Organizations: CNN — Pro, Columbia University, Ivy League school’s, New York, CNN, Barnard College, American Association of University Professors, –, Columbia Daily Spectator, UC Irvine, University of California, Irvine Police Department, Orange County Sheriff’s Department, Authorities, KABC, UC Berkeley, Pro, KGO, Jewish Community Relations, Nazism, UCB, UC Berkeley’s, Palestine, San Francisco, Getty, UC Regents, UC, Regents, University of Washington, Seattle, Wednesday, REUTERS, Reuters, University, ” DePaul University, Police, DePaul University in, WLS, DePaul, ” University, Coalition, ” Morehouse, Morehouse College’s, White House, White Locations: Israel, Gaza, Shafik, Columbia, Irvine, Orange, Berkeley, Merced, Seattle, DePaul University in Chicago, Atlanta

☆ Here’s why regional banks have so much commercial real estate exposure
▼ + stars: | 2024-02-29 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +7 min

New York CNN —It’s no secret that commercial real estate (CRE) has become a source of stress for banks. Regional banks were on high alert recently after New York Community Bancorp (NYCB) reported steeper-than-expected future losses on commercial real estate loans. So why is it that the smaller, regional banks are so much more exposed to commercial real estate? Office real estate is among the bank’s smaller commercial real estate subcomponents. Robbins of Valley National Bank told CNN “we remain comfortable with our diverse and granular commercial real estate portfolio.”Office real estate is just one component of commercial real estate, albeit the most worrisome to banks and economists.

Persons: New York CNN —, Goldman Sachs, Fitch, Banks, BankRegData, Flagstar, “, JPMorgan Chase, —, Michael Brochstein, it’s, Ira Robbins, Robbins, CNN “, Carlos Barria, ” Organizations: New, New York CNN, New York Community Bancorp, Flagstar Bank, Federal Deposit Insurance Corporation, National Bank, JPMorgan, Getty, Valley National Bank, CNN, Fitch, FDIC, Reuters Locations: New York, Morristown , New Jersey

☆ Rachel Dolezal fired from teaching job over OnlyFans account
▼ + stars: | 2024-02-15 | by ( Aj Willingham | ) edition.cnn.com time to read: +4 min

As of publication, a link to an OnlyFans account is accessible through a bio in Dolezal’s verified Instagram account. The linked OnlyFans account, updated as recently as February 14, blocks images for non-subscribers but contains identifying information and captions alluding to adult and “nude” content. Her apparent OnlyFans account bears the name Rachel Dolezal. OnlyFans is a social media platform where creators post photos and videos and can charge users a fee to access it. Its rising popularity has led to innumerable instances of people being fired from their jobs for being OnlyFans creators, including several teachers.

Persons: Rachel Dolezal, Dolezal, Julie Farbarik, ” Farbarik, ” Rachel Dolezal, Nicholas K, Nkechi Amare Diallo, ”, Josephine Beall Willson Bruce Organizations: CNN, National Association for, Advancement of Colored People, Catalina Foothills School District, KVOA, Social Media, District Employees, NAACP, Human Rights Education Institute, Guardian Locations: Arizona, Spokane, Coeur d'Alene , Idaho

☆ Virginia's 'Data Center Alley' residents say an eerie hum is keeping them up at night
▼ + stars: | 2023-11-27 | by ( Rosalie Chan | ) www.businessinsider.com time to read: +9 min

At the beginning of this year, she started hearing an eerie hum that got louder at night. Virginia has had explosive growth in data centers since the early 2000s, when Loudoun County started allowing data centers to be built. Loudoun County residents say the noise started this past winter and gets louder at night when it's cooler. In Loudoun County, residents said they could hear the data center even with their windows closed. Unlike previous data centers, the new ones use so-called free air cooling , designed to leverage lower temperatures to use less electricity than most data centers.

Persons: Stephanie Brookes, Brookes, Les Blomberg, he's, Mike Turner, Ted Lewis, Turner, Eric Lee, Jeff Mach, Mach, Katy Hancock, Hancock, Chris Crosby, Blomberg, it's, Lewis, Arline Bronzaft, Wire Blomberg Organizations: Business, Compass, Pollution, The Washington Post, county's, Supervisors, Loudoun County's, Public, Lehman College Locations: Loudoun County , Virginia, Virginia, Loudoun County, Leesburg, New York, Ashburn, Loudoun, Loudoun County's

OAKLAND, Calif. (AP) — Oakland considered a resolution to call for a cease-fire in the Israel-Hamas war on Monday, potentially joining nearly a dozen other U.S. cities from Michigan to Georgia that have supported the same. The resolution before the Oakland City Council also calls for the unrestricted entry of humanitarian assistance into Gaza and a restoration of basic services, as well as “respect for international law” and the release of all hostages. A temporary cease-fire between Israel and Hamas, which Qatar helped broker, is currently in place. “It raises an interesting question on where they are getting this mandate to speak for the people in their city when nobody elected a city council person because of their stance on Middle East peace,” he said. Now, city councils are just the latest arena where intense debates over the war and the United States' support for Israel are playing out.

Persons: — Oakland, ”, councilmember Carroll Fife, David Glazier, Israel, “ We've, ___ Jablon, Julie Watson Organizations: OAKLAND, Oakland City, Loyola Law School, Jewish Community Relations Council, Oakland, Zionist, Israel, California Democratic Party, Health Ministry, Associated Press Locations: Calif, Israel, Michigan, Georgia, Gaza, ”, Oakland, Atlanta ; Akron , Ohio, Wilmington , Delaware, Providence , Rhode Island, Qatar, U.S, Los Angeles, Richmond, Ypsilanti, Detroit, San Francisco, United States, Southern California, Vermont, San Diego

“I think we could have done a much better job communicating, particularly with all the local residents," Wilm told AP. The upside to the community is that F1 and Liberty used part of their funds to fully repave the Strip and circuit used — better roads for everyone once F1 is gone! “We’re very happy to be able to use our event to help support community benefits.”Now, what about the ticket pricing? She wouldn't commit specifically to F1 and Liberty making changes to the pricing structure. “I don't think we could have done the Las Vegas Grand Prix, this type of spectacle, anywhere else in the world,” Wilm said.

Persons: Renee Wilm, Wilm, Liberty, “, wouldn't, ”, ” Wilm, Max Verstappen Organizations: Associated Press, Liberty Media, Liberty, Saturday, Las, United, Las Vegas Locations: Las Vegas, Nevada, United States, East Coast

State Senator Stephanie Chang, a longtime friend, said that since Oct. 7, when Hamas attacked Israel, Ms. Woll had been talking with Jewish and Muslim community leaders about helping civilians on the ground. She would always, he said, “draw out the best in everybody.”Speaking at the funeral, he noted the diverse crowd in attendance, which he said represented what Ms. Woll was about. “We have in this room, Muslims and Hindus, Catholics and Christians and Jews and all kinds of races, and everyone loves Sam and was affirmed by Sam,” he said. Rabbi Ariana Silverman of the Downtown Synagogue spoke about Ms. Woll’s recent work guiding the renovation of the synagogue, her leadership on fund-raising efforts and her openness to other viewpoints. “She certainly had her own convictions,” Rabbi Silverman said, “but she would really listen to different ideas and had the remarkable ability to say, ‘Let me think about it, and I will get back to you.’”

Persons: Stephanie Chang, Woll, Rabbi Asher Lopatin, Sam, ”, Rabbi Ariana Silverman, ” Rabbi Silverman, ’ Organizations: Jewish Community Relations Council Locations: Israel, Bloomfield Hills, Mich

[1/4] Members of the New York City Police Department (NYPD) Counterterrorism unit patrol in Times Square, as the city takes security precautions ahead of planned demonstrations, in New York City, U.S., October 12, 2023. Adams said extra police patrols were being deployed in Jewish and Muslim communities alike. Former Hamas chief Khaled Meshaal called for protests across the Muslim world on Friday in support of Palestinians. TIMES SQUARE PROTEST EXPECTEDNew York City officials said they were bracing for at least one major demonstration planned for Times Square on Friday. He said the FBI, Department of Homeland Security and other federal authorities had held online security sessions with Jewish institutions around the country.

Persons: Brendan McDermid, Kathy Hochul, Eric Adams, Adams, Khaled Meshaal, John Chell, Hochul, Montgomery, Abed Ayoub, Rabbi Yoni Fein, Fein, Biden, John Kirby, Kirby, Dan Whitcomb, Steve Gorman, Kanishka Singh, Patricia Zengerle, Brendan O'Brien, Lincoln, Jonathan Oatis, Alistair Bell Organizations: New York City Police Department, NYPD, Counterterrorism, REUTERS, Police, New, . New, . New York City, Hamas, Times, New York Police Department, National Guard, Los Angeles Police Department, Tourists, Facebook, Jewish Community Relations, Greater, The Jewish Federation of, U.S . Park Police, Montgomery Blair High, FBI, Palestinian, ICE, Maimonides Academy, Department of Homeland Security, CNN, Thomson Locations: New York City, U.S, New York, Los Angeles, . New York, Jewish, Gaza, Israel, Washington, American, Greater Washington, The Jewish Federation of Greater Washington, Four Corners , Maryland, United States, Fort Lauderdale , Florida

☆ Opinion | A Hidden Reason Cities Fall Apart
▼ + stars: | 2023-09-13 | by ( Thomas B. Edsall | ) www.nytimes.com time to read: +3 min

And this has been a self-perpetuating process in which the fortunate metros have gained the most while many places are left behind. This used to happen all the time in Detroit, Cleveland, St. Louis, the Twin Cities, etc.”These locally based firms. Atkinson continued, “played an important role of helping the various municipalities in a region work more closely together. The only way to grow their banks or electric utilities was to grow the community where they were based. Their job is to sit on local boards and dabble in community relations, but they don’t really call the shots anymore.

Persons: Mark Muro, Muro, Robert D, Atkinson, Louis, “, ” Aaron M, Renn, Frank A Organizations: Brookings, ’, metros, Information Technology, Innovation Foundation, Twin, American, “ Civic, Baltimore News American, Maryland Locations: Detroit , Cleveland, St, Twin Cities, Banks, Dallas

☆ Photo Essay: A Historic Dallas Neighborhood Grapples With Gentrification
▼ + stars: | 2023-08-24 | by ( Azul Sordo | ) www.usnews.com time to read: +19 min

Raul Gutiérrez Alvarado (left) and his nephew, William Domínguez Gutierrez, pose for a portrait outside of their Oak Cliff home. At the time, the local media narrative was one of positive change for the neighborhood, Valderas says. (Azul Sordo for USN&WR)Before the BarrioOak Cliff was once a majority-white, working class neighborhood, annexed by Dallas in 1903. South Oak Cliff, which is largely Black and Hispanic, has a long record of neglect, well documented by Texas Monthly . This is the only photo she has of herself, which adorns the living room of her South Oak Cliff home.

Persons: Cliff, Seattle –, Ferguson, Raul Gutiérrez Alvarado, William Domínguez Gutierrez, Oak Cliff, Gutierrez, Manuel Sordo, Giovanni Valderas, Valderas, “, Ezekiel Garcia, Brianna Hinguanzo, Jose Melendez, Diana Melendez, ”, . Sandoval, Sandoval, Strausz, ” Sandoval, Tereso Ortiz, they’ve, They’ve, ” Ortiz, Claudia Rangel, Damien Olguin, Rangel, Pearlina Bates, she’s, Bates, ” Bates, ‘ Let's, Todd Williams, Sam Moss, Moss, Cliff Valderas, –, ” Valderas, Chad West, Gloria McCoy, Joann, McCoy, SaCarol Ford, Shaun Montgomery, She’s, Charles Strain, Noah Penn, ” Montgomery, Robert L, Thornton, ” Kathryn Holliday, that's, Tomorrow Bates, it’s, ‘, ” Pearlina Bates Organizations: DALLAS, U.S ., U.S . As Texas, USN, Dallas Morning News, National Community Reinvestment Coalition, Dallas, San, Texas Woman’s University, Oak Cliff, cleats, Bishop Arts, Institute, Ku Klux Klan, D Magazine, “, Penn State University, Bishop Arts District, Casa, Blacks, New York City, Texas Woman's University, Dallas County, City Council, Chad, Greater El Bethel Missionary Baptist Church, Tenth, Historic, Tenth Street Residential Association, Greater El Bethel Church, Ninth Ward School, Ku Klux, Dallas Observer, American Institute of Architects, University of Illinois, Tenth Street, Greater El Bethel Baptist Missionary Church, Sunday, Texas Monthly, Cliff Locations: Dallas, U.S, U.S . As, Seattle, Lawndale, Chicago, Missouri, Dover , New Jersey, Michocán, Mexico, Oak, San Francisco, Denver, Boston, North Oak, Jefferson, “ Texas, Black, “ Barrio America, American City, South Dallas, Oak Cliff, ”, Casa Guanajuato, Dallas from Louisiana, –, Kiest Park, Texas, Melba, Greater El Bethel, Van Buren

☆ Abuses Proliferate in Police Squads Like Memphis's Scorpion Unit
▼ + stars: | 2023-01-28 | by ( Katherine Long | Jack Newsham | ) www.businessinsider.com time to read: +27 min

Street Crime Unit. Jon Naso/NY Daily News Archive via Getty ImagesMemphis police chief Davis also has prior experience with special street crime units. Street crime squads are popular among politicians who say only aggressive policing will reduce violent crime. In the late 1990s, the Street Crime Unit tripled in size, amid a panic over a rising number of homicides. In a city grappling with violent crime, authorities touted the Street Crime Unit as a bright spot.

☆ With remote and hybrid work here to stay for some companies, fashion brands are still adapting to the evolving wardrobe of modern professionals
▼ + stars: | 2022-12-24 | by ( Jordan Hart | ) www.businessinsider.com time to read: +3 min

Remote workers are "blending it all together," in their wardrobes, Fortune reported. In recent years, athleisure brand Lululemon has spiked in popularity as more people seek comfort in their daily attire. "Gone are the days of two separate wardrobes or even three separate wardrobes," Maria Rugolo, director and industry analyst of fashion apparel at NPD, told Fortune. The change in work attire is evident in the TikTok trend of users showing their remote workwear. Such outfit choices have caused athleisure brands, like Lululemon, to explode in popularity.

The rapid moves Tuesday in Berkeley County, the fourth largest school district in the state, showed the impact of Moms for Liberty’s focus on electing conservative school board members, and prompted uproar among some community members in attendance. Deon Jackson was voted in as district superintendent during a special meeting of the Berkeley County School District board on May 19, 2021 in South Carolina. Berkeley County School DistrictMoms for Liberty said it has endorsed more than 500 school board candidates across the country this year, and 49% have won. Berkeley County School DistrictNone of the board members responded to emails or phone calls Wednesday. Each vote — firing the superintendent, picking his replacement, terminating the district’s lawyer and banning critical race theory — passed with support from only the six Moms for Liberty-backed members.

☆ Republican Rep. Young Kim faces off against Democrat Asif Mahmood in California's 40th Congressional District election
▼ + stars: | 2022-11-05 | by ( Hanna Kang | ) www.businessinsider.com time to read: +5 min

Rep. Young Kim is running against Democrat Asif Mahmood in California's 40th Congressional District. The 40th District is an affluent, suburban district anchored in Orange County. CA-13CA-22CA-27CA-41CA-45CA-09CA-47CA-49 HouseRepublican Rep. Young Kim is vying for a second term against Democrat Asif Mahmood in California's 40th Congressional District. California's 40th Congressional District candidatesKim, a freshman representative, sits on the House Committees on Foreign Affairs, Science, Space and Technology, and Small Business. Voting history for California's 40th Congressional DistrictCalifornia's 40th Congressional District is an affluent, suburban district anchored in Orange County.

☆ Blackstone and Prologis turned warehouses from safe and boring investments into white-hot assets. Now they're battling to see who can own more.
▼ + stars: | 2022-10-19 | by ( Alex Nicoll | Danielle Walker | Daniel Geiger | ) www.businessinsider.com time to read: +11 min

In other words, big money is buying up warehouse space as fast as smaller owners can sell. The coronavirus pandemic accelerated this change, with warehouse investment outpacing office investment in 2020 and 2021, according to CBRE. A Prologis warehouse in Ichikawa City, Japan. Prologis, Blackstone, and the rest of big money duke it outOther big-money investors have increasingly invested in warehouses. The UK's Segro once sold warehouse space to Blackstone — now it's acquiring its own warehouses for last-mile delivery that Blackstone might have otherwise picked up for itself.

☆ A Starbucks in Indianapolis is closing over safety concerns, puzzling local police and business owners who say the area is 'very safe'
▼ + stars: | 2022-10-17 | by ( Grace Dean | ) www.businessinsider.com time to read: +4 min

Starbucks is closing a store in downtown Indianapolis, Indiana over safety concerns. Starbucks has closed more than a dozen other locations since July, citing safety concerns. But local police and business owners are puzzled by the announcement, telling Fox 59 that the area is safe. "We were not made aware of any type of safety concerns," Phil Burton, commander of the Indianapolis Metropolitan Police Department's Downtown District, told the outlet. Starbucks said that employees at the Indianapolis store will be able to transfer to other stores nearby.

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