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The race to refloat the Bayesian superyacht
  + stars: | 2024-12-01 | by ( Barbie Latza Nadeau | ) edition.cnn.com   time to read: +5 min
And it will cost around $30 million to bring it to shore, according to those who want to manage the complex salvage. The salvage plans include ensuring that the hull, doors and mast stay intact to aid in the investigation. Bayesian manufacturer Perini Navi has said the yacht was “unsinkable” and blames the captain and his crew for negligence that caused the vessel’s demise. Once the recovery plan has been chosen, the prosecutor’s office will have to sign off on the decision to make sure the salvage plan does not compromise the criminal investigation. After the physical investigation of the vessel, the prosecutor will determine whether any manslaughter or other charges are filed.
Persons: Italy CNN —, Mike Lynch, Lynch, Raffaele Cammarano, Louiza Vradi, Angela Bacares, New Zealander James Cutfield, Cammarano, Organizations: Italy CNN, British Marine, CNN, New Zealander, Italian Coast Guard, Civil Protection Locations: Rome, Italy, Sicily, British, Imerese, Costa Concordia, Giglio, Palermo
AdvertisementI spent three nights on Royal Caribbean's latest cruise ship, Utopia of the Seas, in mid-November. The company's second-largest ship exclusively operates short voyages in a bid to entice new cruisers. My favorite amenities include nighttime mini-golf and an immersive bar. Royal Caribbean's latest vessel, Utopia of the Seas, is enticing first-time cruisers with quick three- and four-night voyages. If you need a digestible guide to the mega-ship, here's a list of my eight favorite amenities, including a 295-foot-long dry slide and a bar with a talking parrot.
Persons: Organizations: Royal
The city is two hours south of Paris and has incredible holiday markets, shops, and food. Bordeaux has great wine and is a day trip away from famous spots like Saint-Émilion or Margaux. That's why I now prefer to go to Bordeaux, the wine capital of the world, during the busy winter season. At less than half the size of Paris, Bordeaux gets a fraction of its millions of tourists a year, which makes it the perfect place to enjoy French esprit de Noël without feeling overwhelmed. AdvertisementI look forward to returning to Bordeaux this year to experience even more holiday joy and the city's many charms.
Persons: Caneles Cruise, Sacha Cohen, Catherine, — Micheline, Paulette Bakery, Vin Organizations: Bordeaux, Rue Sainte, Rue Notre Dame, Wine Locations: Paris, Bordeaux, French, canelés, acclimate, Bordeaux's, Darwin, Rue, It's, France
Editor’s note: Sign up for Unlocking the World, CNN Travel’s weekly newsletter. CNN —In travel news this week, Disney’s newest cruise ship, ideas for Christmas cheer, plus the top-tier cities most loved around the world. London wows for 2025The 2025 World’s Best Cities report, compiled by marketing consultancy Resonance in collaboration with market research company Ipsos, ranks cities on what it defines as their livability, lovability and prosperity, all totting up to an overall score. The top 10 “most lovable” is a who’s who of must-visit metropolises, six of which are in Western Europe. Disney’s newest cruise shipVideo Ad Feedback We got an inside look at Disney's newest cruise ship 02:39 - Source: CNNDisney says it takes about five years and thousands of people to build a ship like Disney Treasure, the newest offering in its cruise line.
Organizations: CNN, London wows, London, United Airlines, British Airways, American Airlines and United, CNN Disney, Disney, LAX, puma Locations: London, Western Europe, lovability, Paris, New York, Tokyo, Rome, Barcelona, Spain, Madrid, Dubai, Berlin, there’s Singapore, Greenland, Nuuk, Newark , New Jersey, Britain, North Korea
"The Israeli Air Force does continue to rule the skies, but under the noses of the advanced fighter jets, a new air layer has been created." Above all, it strives to locate, endanger, and destroy key elements of the air defense system itself." "The degree of mobility, protection and hiding ability of the Israeli air defense system is inadequate. Unlike similar systems in the world, our air defense system was not built with synchronization as a critical goal." Meanwhile, the IDF's air defense corps switched its focus from anti-aircraft to missile defense.
Persons: Eran Ortal, Ran Kochav, Israel —, Ortal, Kochav, Ariel Schalit, Michael Peck Organizations: Sadat Center, Strategic Defense, Bar, Ilan University, Israeli Air Force, Air Force, Hezbollah, Arrow, AP, Israel's Air Force, IDF, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: Israel, Tel Aviv, Iran, Britain, Lebanon, Ukraine, Soviet, Kippur, Syrian, Forbes
The US has indicated a need to harden air bases and disperse its forces to defend against a Chinese missile strike. AdvertisementLast fall, the US Department of Defense released its annual report on China's military growth and developments. China's DF-26 "carrier killer" missile takes flight in unprecedented test footage. AdvertisementNaval power is a cornerstone of American military might, but the DF-26 threatens that, among various other targets. Related storiesThat said, growing missile stockpiles and increases in the number of launchers give the Chinese military greater flexibility, offering more options in a conflict.
Persons: China's, China, Chris Biggers, Janes, Xu Suhui, J, Michael Dahm, Dahm, Tom Shugart, who's, Carl Vinson, Sarah Weinstein Organizations: Pacific, US Department of Defense, Army's, Force, China's Rocket Force, Department of Defense, Pentagon, SCS, China's, YouTube China's, Guam, Strategic, International Studies Missile Defense Project, DF, Aerospace, China Studies, Mitchell Institute, Business, US, Center, New, New American Security, US Navy, Ocean, Air Force, PLA Locations: China, Pacific, Guam, It's, Bohai, Inner Mongolia, South Korea, Beijing, Xinhua, New American, Ruoqiang
AdvertisementI stayed in Doulos Phos The Ship Hotel, a short ferry ride from Singapore. AdvertisementFrom the get-go, I was blown away by the vastnessThe front of the ship hotel, with its two anchors preserved. Aditi BharadeAs my taxi turned the corner from the ferry terminal, I took in the sheer size of the 430-foot-long ship hotel. The bathroom, too, was huge — much larger than some hotel rooms I've stayed in. AdvertisementThe bathroom was larger than hotel rooms I've stayed in, in the past.
Persons: Eric Saw, Aditi Bharade, Aditi Organizations: Life, Southeast Asia that's, Titanic, Business Locations: Doulos, Singapore, Indonesia, Southeast Asia, New York City, Indonesian, Bintan's, Texas, Rome, Kenya, Bintan
I've always wanted to see what was out there beyond my quiet backyard. AdvertisementIn 2015, I spent a year teaching English in Madrid and traveled across Europe, India, and Southeast Asia. AdvertisementUnsure of when international travel might return, my partner and I decided to buy an apartment in Montreal. Related storiesLit up again in BrazilLast year, I traveled to 17 countries for work and to search for a place to live. I think Rio is the most beautiful natural city I've ever seen.
Persons: Joel Balsam, Balsam, Will, I've, I'd, Rio, Jair Bolsonaro, Montreal, Lula Organizations: Southern, Guardian, Lonely, Logistics, Rio US, beachy Zona Locations: Ottawa , Ontario, Canada, Brazil, Montreal, South America, Rio de Janeiro, Madrid, Europe, India, Southeast Asia, Medellín, Colombia, Oaxaca, Mexico, Rio, Southern United States, Morocco, Armenia, Nepal, Spain, Salvador, beachy, beachy Zona Sul, Santa Teresa
AdvertisementIn September, Katka Lapelosova took a solo trip to Greece. If she could do it over, she'd travel there with friends and rent a car. In September, I decided it was time for a solo trip to a Greek island to live out my "Mamma Mia" dreams. The author came across a lot of gap year travelers during her trip to Zakynthos. Understand the difference between beachfront and beach accessOne of the biggest things I'd change about my Greek island trip is booking a hotel that had beach access.
Persons: Katka Lapelosova, Mia, Rhodes, I'd, Organizations: New York, Colgate Locations: Greece, Zakynthos, Europe, New, New York City, Corfu, Katka, Athens, Taxis
Andreessen's comments echo that of Elon Musk, who said this week that he thinks crewed fighter jets are inefficient. Elon Musk isn't the only tech executive who thinks drones are way better than fighter jets. Related Video The true cost of America's war machinesAI-controlled jets, Andreessen told Rogan, are "far superior" to fighter jets that need pilots. Advertisement"Crewed fighter jets are an inefficient way to extend the range of missiles or drop bombs. Drones have been game-changing in modern warfare, but military experts say there are still advantages to having manned fighter jets over drones.
Persons: Marc Andreessen, Elon Musk, Andreessen Horowitz, Joe Rogan, Andreessen, Rogan, Musk, Eric Schmidt, Schmidt, Sebastian Thrun, Donald Trump's, Vivek Ramaswamy, Justin Bronk, Mark Gunzinger Organizations: Elon, Andreessen, Business, Stanford University, Ares Industries, of Government, The Wall, Pentagon, Royal United Services Institute, US Air Force, Concepts, Mitchell Institute for Aerospace Studies Locations: Silicon, Russia
I spent three years working on cruise ships. Here are the 10 things I always do while cruising to have the best trip possible. Depending on what time I get on the ship, my cabin and luggage may not be available for several hours. Frequent walks on the promenade deck are often a highlight of my tripYou can see some wonderful views from a cruise ship. Lastly, I always lean into themed parties and eventsMany cruise ships have themed events or nights, and I love looking them up in advance so I can prepare my outfits.
Persons: I've, You'll, I'd, It's, we're, we'll, Tammy Barr Locations: Paris, Berlin, Rome, Civitavecchia
That’s thanks to a new international airport, equipped with a 2,200-meter (7,217-foot) runway, opening in the capital of Nuuk. Before the new airport’s opening, traveling by air to Greenland meant flying into smaller cities such as Kangerlussuaq to the north or Narsarsuaq, further south. The new airport will serve as the base for Air Greenland, which will operate an Airbus A330neo plane on a route to Copenhagen, Denmark. Jens Lauridsen, chief executive of Greenland Airports, knows the opening of the new facility at Nuuk will have a big effect on tourism and the economy. She plans on being on the first flight that lands at the new Nuuk International Airport.
Persons: Jens Lauridsen, We’re, Oscar Scott Carl, Qupanuk Olsen, , , Anne Nivíka Grødem, ” Grødem Organizations: CNN, United Airlines, Air Greenland, Airbus, Greenland, YouTube, Nuuk International, Locations: Greenland, Nuuk, Newark , New Jersey, It’s, Air, Copenhagen, Denmark, Reykjavik, Iceland, Ilulissat, Qaqortoq
AdvertisementI spent three nights on Royal Caribbean's latest ship, Utopia of the Seas, in mid-November. I used Royal Up to bid $100 for an elevated interior stateroom. While not guaranteed, Royal Up is a great way to upgrade your cabin on a budget. Related Video Inside the world's biggest cruise ship that just set sailI'm not talking about the slot machines at the ship's casino. I'm talking about "Royal Up," Royal Caribbean's stateroom upgrade auctions.
Organizations: Royal
For weeks, the Republic of Ireland looked like a rare Western democracy bent on defying the global trend of tossing out its government. But now, just days before voters cast their ballots on Friday, Ireland’s election has suddenly gotten more interesting. An uncharacteristic misstep by the popular prime minister, Simon Harris, and a bounce back in the polls by the main opposition party, Sinn Fein, has churned the waters. Mr. Harris, a 38-year-old career politician who has been an energetic leader of Fine Gael, is under intense pressure after a brusque exchange with a voter was caught on camera and went viral on social media. The episode, analysts said, could cost Mr. Harris his job as Taoiseach, or prime minister.
Persons: Fianna Fáil, Simon Harris, Sinn Fein, Harris Organizations: Fine Gael, Fianna, Greens, Labour Party Locations: Republic of Ireland, Ireland, Ireland’s
Here are the biggest calls on Wall Street on Tuesday: Wells Fargo upgrades Eastman Chemical to overweight from equal weight Wells Fargo says the chemical company is "attractive." HSBC downgrades Goldman Sachs & Morgan Stanley to hold from buy HSBC said the risk/reward is a less attractive. KeyBanc reiterates Nvidia as overweight The firm says it sees "limited competitive risks" for Nvidia shares. Wells Fargo reiterates Starbucks as overweight Wells raised its price target on the stock to $115 per share from $110. Redburn Atlantic Equities reiterates Amazon as buy The firm raised its price target on the stock to $235 per share from $225.
Persons: Wells Fargo, HSBC downgrades Goldman Sachs, Morgan Stanley, Baird, Bernstein, KeyBanc, it's bullish, TD Cowen, Pinterest, Cowen, Wells, Guggenheim, Michael Kors, UAL Organizations: Eastman Chemical, UBS, HSBC, Royal Caribbean, Nvidia, Bank of America, Citi, Chevron, ExxonMobil, SPX, JV, China, Guggenheim, Capri Holdings, Barclays, Apple, and Department of Justice, Google, DoJ, UBS reinstates United, Alaska Airlines, Amazon Web Services, Anheuser, Busch InBev, GAP Locations: Caribbean, China, Delta, DAL
The latest quarter's earnings and sales fell short of Wall Street analysts' estimates, and the CEO will step down in January. Some analysts had been hoping for weight loss up to 25% in the phase two trial. Zoom earned an adjusted $1.38 per share on $1.18 billion in revenue, against Street estimates of $1.31 in earnings per share and $1.16 billion in revenue. Novo Nordisk , Eli Lilly — The maker of diabetes and weight loss drugs rose between 2% and 5%. The Biden administration introduced a new rule allowing Medicare and Medicaid to the cost of weight loss treatments for Americans suffering from obesity .
Persons: Amgen, Morgan Stanley, Dana, Abercrombie, Bernstein, Donald Trump, Stellantis, Ford, Zoom, Eli Lilly —, Biden, CNBC's Hakyung Kim, Pia Singh, Samantha Subin, Jesse Pound Organizations: Street, HSBC, Franklin Resources, Western Asset Management, Dana Inc, Abercrombie, Fitch, LSEG, Royal Caribbean, Chrysler, General Motors, Energy, FactSet, Zoom Communications, Novo Nordisk Locations: LSEG ., Mexico, Canada
As a sales season, Black Friday long ago turned the weekend corner to extend to Cyber Monday. And it’s still growing as Travel Tuesday — this year falling on Dec. 3 — gains traction. In a recent report, the consultancy McKinsey & Company found that bookings for hotels, cruises and airlines spiked on Travel Tuesday 2023. “More people are investing in travel and experiences than ever before,” said Hayley Berg, the lead economist at the travel booking app Hopper. “On the flip side, we’ve seen more marketing and more providers participating, so it’s really snowballing.”But don’t wait for Travel Tuesday to book a deal.
Persons: , Hayley Berg, Hopper, , we’ve Organizations: McKinsey & Company, Airline, Companies
AdvertisementRussia is considering deploying missiles in Asia if the US stations more systems there, a top official said. The remark hints at a potential for Russia to enter the fray in a region fraught with US-China tensions. Sergei Ryabkov, one of Russia's deputy foreign ministers, said on Monday that Moscow is considering deploying its short- to medium-range missiles in the Asia-Pacific. He had been asked by a reporter if Russia might station its missiles in Asian countries, according to the agency. Meanwhile, the US Army would respond by deploying long-range units from its Multi-Domain Task Force to the Philippines, per Kyodo News.
Persons: Sergei Ryabkov, Ryabkov, Trump Organizations: TASS, Kyodo, US, Kyodo News, Marine Littoral Regiment, High Mobility Artillery Rocket Systems, Marine, Regiment, US Army, Domain, Force, Associated Press, Xinhua, Nuclear Forces, Soviet Locations: Russia, Asia, China, Moscow, Washington, Beijing, Tokyo, Taiwan, Philippines, Japan's, Okinawa, Manila, Soviet Union
It’s a “capital junkie” that’s been on a yearslong binge of unprecedented spending on all-electric and autonomous vehicles. Capital junkieThe latest cost-cutting cycle comes nearly a decade after an infamous Wall Street presentation by late-Fiat Chrysler CEO Sergio Marchionne called “Confessions of a Capital Junkie.” The April 2015 report highlighted the industry’s massive capital spending on overlapping or niche products that Marchionne was convinced could be solved through consolidation and shared capital spending. That’s shareholder money.”Most capital spending by automakers isn’t wasted, but the industry isn’t as efficient as other sectors, with minimal return on invested capital. While losing ground in China, GM has been among the most aggressive in spending on EVs and self-driving vehicles. GM and Hyundai this summer entered into an agreement to explore “future collaboration across key strategic areas” in an effort to reduce capital spending and increase efficiencies.
Persons: ” that’s, bender, ” Morgan Stanley, Adam Jonas, It’s, Sergio Marchionne, Marchionne, ” Jonas, Sergio, Joe Hinrichs, , Hinrichs, isn’t, “ We’ve, Rebecca Evans, Roland Berger, , Ford, Peter Rawlinson, “ We’re, Oliver Blume, ” Blume, Paul Jacobson, ” Jacobson, Rivian, ” Marchionne, don’t, codevelop, Stellantis, , Carlos Tavares, Bernstein, Daniel Roeska, Tavares, ” Tavares Organizations: DETROIT, General Motors, Ford, Nissan Motor, Volkswagen Group, Chrysler, Companies, Research, GM, Volkswagen, Toyota Motor, Fiat, Rivian, Lucid, Fiat Chrysler, Rivian Automotive, Hyundai Motor, Toyota, CSX, , Rehab, Nissan, EV, CNBC, VW, Reuters, Honda, BMW, SAIC, Barclays, Saudi, Public Investment Fund, Hyundai, Detroit, French, PSA Groupe, PSA, Locations: Detroit, Japan, Germany, That’s, Europe, China, U.S, North America
The Service Employees International Union (SEIU) announced the start of industrial action on Monday and said it planned to put an "end to poverty wages" and demand "respect on the job during the holiday travel season." The striking workers are ABM and Prospect Airport Services employees, whose tasks include cleaning inside planes and assisting passengers in wheelchairs. "This will be the busiest Thanksgiving ever in terms of air travel,” TSA Administrator David Pekoske said on X. Travelers at O'Hare International Airport in Chicago on Nov. 22, 2024. On Monday and Tuesday, the Rockies and Cascades could face high winds and snow, making travel difficult in mountain areas.
Persons: didn't, Charlotte Douglas, David Pekoske, Kamil Krzaczynski, Michelle Grossman Organizations: North Carolina's Charlotte Douglas International, Service Employees International Union, SEIU, Prospect Airport Services, Los Angeles International, Orlando, International, Getty, Rockies, Eastern Seaboard Locations: North Carolina's, United States, West Coast, Chicago, AFP, New England, Minnesota
In 2029, the Oriental Land Company, which owns Tokyo Disney Resort, will launch a Disney cruise ship out of Japan. So to bring the brand over in terms of a cruise ship is again another brilliant move on their part. Occupancy is high on Disney ships, at 98% across the five existing ships in fiscal year 2024, according to a company fact sheet. Bigger players, such as Carnival Corporation, Royal Caribbean Group and Norwegian Cruise Line, have more ships in their fleet than Disney Cruise Line and have been in the business longer. Royal Caribbean's Icon of the Seas is currently the world's largest cruise ship, and it's loaded with family friendly attractions.
Persons: “ Coco, ” That’s, , Beci Mahnken, Kent Phillips, Mahnken, Kyle Valenta, Disney, ” Valenta, , ” Mahnken, Thomas Mazloum, ” Mazloum, Joe Raedle, Valenta Organizations: CNN, , MEI, Disney, Cruise Lines International Association, Cruise, Oceaneer Club, Disney Treasure, Disney Disney, Oriental Land Company, Tokyo Disney Resort, Hong Kong Disney, Tokyo Disney …, Shanghai Disney, Disney Cruise, Geographic, Disney Vacation, Carnival Corporation, Royal Caribbean Group, Royal Locations: Asia, Singapore, Tokyo, Japan, Hong Kong, Shanghai, It’s, Hawaii, Royal Caribbean
It's a "capital junkie" that's been on a yearslong binge of unprecedented spending on all-electric and autonomous vehicles. The April 2015 report highlighted the industry's massive capital spending on overlapping or niche products that Marchionne was convinced could be solved through consolidation and shared capital spending. Most capital spending by automakers isn't wasted, but the industry isn't as efficient as other sectors, with minimal return on invested capital. Stock Chart Icon Stock chart icon Stocks of GM, Ford and Chrysler parent Stellantis in 2024. Courtesy: Business WireGM and Hyundai this summer entered into an agreement to explore "future collaboration across key strategic areas" in an effort to reduce capital spending and increase efficiencies.
Persons: bender, Morgan Stanley, Adam Jonas, It's, Sergio Marchionne, Marchionne, Sergio Marchionne Brendan McDermid, Jonas, Joe Hinrichs, isn't, We've, Rebecca Evans, Roland Berger, Ford, Peter Rawlinson, Andrew Kelly, Oliver Blume, Blume, Paul Jacobson, Jacobson, Rivian, RJ Scaringe, Mary Barra, Euisun Chung, codevelop, Stellantis, , Carlos Tavares, Oliver Bunic Organizations: General Motors, Ford, Nissan Motor, Volkswagen Group, Chrysler, Companies, Research, GM, Volkswagen, Toyota Motor, Fiat, Rivian, Lucid, Fiat Chrysler, Reuters, Rivian Automotive, Hyundai Motor, Toyota, CSX Corp, Rehab, Nissan, CNBC, Lucid Motors, Nasdaq, Churchill Capital Corp, Reuters Volkswagen, VW, Honda, BMW, SAIC, Barclays, Saudi, Public Investment Fund, Hyundai, Detroit, French, PSA Groupe, Stellantis NV, Bloomberg, Getty Locations: Casa Grande , Arizona, Detroit, Japan, Germany, That's, New York City , New York, Europe, China, U.S, Kragujevac, Serbia
AdvertisementUkraine said on Monday that it found Western-made parts inside North Korean ballistic missiles. Ukraine's military intelligence agency said that it found Western-made parts inside North Korea's KN-23 and KN-24 short-range ballistic missiles. Kyiv said that it had previously found Western technology in the North Korean missiles. The Monday statement marks Ukraine's latest announcement on the finding of Western-made parts inside weapons used by Russia in this war. NATO said the introduction of North Korean troops into the war marked a "significant escalation" in the grinding conflict.
Persons: HUR, Organizations: North, XP, Anadolu, Getty, North Korean, Korean, NATO Locations: Ukraine, Russia, Kyiv, Europe, Russian, North Korea, China, Japan, Switzerland, British, North Korean, DPRK, Iran, Pyongyang, Moscow, Russia's, Kursk
Video: Inside Disney’s newest cruise ship
  + stars: | 2024-11-24 | by ( ) edition.cnn.com   time to read: 1 min
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Russia has fired about 60 North Korean KN-23 missiles at Ukraine this year, according to a Ukrainian defense official. These less-sophisticated missiles are part of North Korea’s growing support to Moscow, which also includes about 11,000 North Korean soldiers deployed to Russia’s Kursk region. Strikes using North Korean missiles have killed at least 28 people and injured 213 this year, the Ukrainian prosecutor general told CNN. Ukrainian investigators found evidence that crucial components used in the North Korean missiles are produced by at least nine Western manufacturers. There are more than 250 companies whose components have been identified in North Korean missiles, according to CAR.
Persons: , Yuriy Ignat, Russia – “, , Andriy Kulchytskyi, Damien Spleeters, Victoria Vyshnivska, Vyshnivska, Danylo, Vladyslav Vlasiuk, Trump, Richard Blumenthal Organizations: Ukraine CNN —, CNN, Ukrainian Air Force, Korean, North Korean, Scientific Research, Forensic, Ukraine’s, Corruption, Military Research, Kyiv’s Scientific Research, Ukrainian Defense Intelligence, Research, Getty, US Commerce Department, , US, Investigations, Defense Intelligence Locations: Kyiv, Ukraine, Ukraine CNN — Ukraine, Russia, North, Moscow, Russia’s Kursk, United States, Netherlands, United Kingdom, North Korea, Germany, Switzerland, Korean, US, China, Anadolu, Canada, Belarus, Western, Ukrainian, Russian, Iran
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