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☆ How Alaska Airlines used AI to save over 1.2 million gallons of jet fuel
▼ + stars: | 2024-11-20 | by ( Matthew S. Smith | ) www.businessinsider.com time to read: +7 min

Alaska Airlines partnered with Air Space Intelligence to use an AI tool that suggests flight routes. While Air Space Intelligence developed the Flyways AI Platform, it did so in close cooperation with the airline's stakeholders. AI in actionThe partnership between Alaska Airlines and Air Space Intelligence began with a learning period for both organizations. ASI's staff shadowed the airline's dispatchers to learn how they worked, while Alaska Airlines learned more about how a machine-learning algorithm could be used to route traffic. While that might seem low, those accepted routes helped reduce Alaska Airlines' fuel consumption by more than 1.2 million gallons in 2023, according to the airline's annual sustainability report.

Persons: —, We've, they're, Pasha Saleh, Flyways, Saleh, Phillip Buckendorf, Buckendorf, Andreessen Horowitz Organizations: Alaska Airlines, Air Space Intelligence, Service, Space Intelligence, Alaska Airlines . Alaska Airlines, Federal Aviation Administration, ASI, IBM DOS, Airlines, Air, US Air Force Locations: Alaska, Boston, Denver, Poland, Washington, DC

☆ Natilus Horizon plane’s innovative shape promises greener flights and added comfort
▼ + stars: | 2024-11-01 | by ( Jacopo Prisco | ) edition.cnn.com time to read: +8 min

CNN —Spurred by increasing global demand for air travel, aviation emissions have been rising faster than those from rail, road, or shipping in recent decades. The Natilus Horizon passenger plane aims to reduce emissions by 50%, and increase payload by 40%, due to its blended-wing body shape. Matyushev says the blended wing body design originated in the 1990s from McDonnell Douglas, a major American aerospace manufacturer that merged with Boeing in 1997. Boeing never commercialized a blended wing plane, but studied the concept and produced an unmanned prototype, the X-48. “One of the challenges with the blended wing body design is stability and control,” he explains.

Persons: JetZero, Natilus, ”, Aleksey Matyushev, Matyushev, McDonnell Douglas, —, “, you’re, Gary Crichlow, Max, ” Natilus, Crichlow Organizations: CNN, Aviation, SAF, Airbus, Boeing, Max, Aviation News Limited Locations: California, San Diego, Kona, American, Natilus, JetZero

☆ Stocks making the biggest moves midday: Taiwan Semiconductor, On Semi, Delta Air Lines and more
▼ + stars: | 2024-10-28 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +4 min

Robinhood — The fintech stock rose less than 3% after it said Monday that users will have the chance to trade a Kamala Harris or Donald Trump contract ahead of next week's presidential election. ON Semiconductor — The semiconductor product maker rose 5% after third-quarter earnings and revenue topped analyst estimates. Nutanix — The cloud infrastructure stock rose 4% following an upgrade to overweight from equal weight at Morgan Stanley. Moderna — Shares jumped after Moderna and Merck said they initiated a phase 3 trial investigating a treatment for non-small cell lung cancer. Moderna shares advanced 3.9%, while Merck was slightly higher.

Persons: Wells, Steven Cahall, Kamala Harris, Donald Trump, Israel, FactSet, Eugene Hsiao, Wolfe, Roy Jakobs, Nutanix, Morgan Stanley, Meta Marshall, Merck, Timothy Wojs, Aaon, — CNBC's Sean Conlon, Michelle Fox, Alex Harring, Sarah Min, Pia Singh Organizations: Spotify, U.S . Occidental Petroleum, Exxon, BP —, Citi, McDonald's, Taiwan Semiconductor Manufacturing, Huawei, Reuters, The U.S, Delta Air Lines, CrowdStrike, Honeywell —, Philips —, —, Moderna, Merck, Baird Locations: China, Atlanta

☆ Why so many Florida gas stations are still out of gas
▼ + stars: | 2024-10-14 | by ( Matt Egan | ) edition.cnn.com time to read: +6 min

New York CNN —Hurricane Milton passed through Florida days ago, but the devastating storm is still causing chaos at gas stations. Hundreds of gas stations in Florida still don’t have gas, including roughly half of the stations in the hard-hit Tampa area. Meanwhile, the number of gas stations without gas has fallen sharply. This represents a significant improvement, although it still means that more than 1,300 Florida gas stations remain dry five days after Hurricane Milton made landfall. Florida gas stations are out of fuel following the storm that made landfall as a Category 3 hurricane in the Siesta Key area of Florida, causing damage and flooding throughout Central Florida.

Persons: Milton, ”, Patrick De Haan, De Haan, Hurricane Milton, Chris O'Meara, Andy Lipow, Lipow, “, Ron DeSantis, Joe Raedle, where, Tom Kloza, ‘, we’ve, ” Kloza Organizations: New, New York CNN, Tampa, Hurricane, Florida Highway Patrol, Fla . Gas, Gulf, FEMA, Port, Port Tampa Bay, Port Manatee, Lipow Oil Associates, Pasco Sheriff’s, Wawa, Fox, Florida Gov, Tampa Bay Times, Oil Price Information Service, “ Locations: New York, Florida, Tampa, Plant City, Fla, Port Tampa Bay, Gulf Coast, Port Tampa, Port, Tampa Bay, Pasco, Pasco County, St . Petersburg, Englewood , Florida . Florida, Central Florida

44 health care workers saw multiple cases of preteen children who had been shot in the head or chest in Gaza. 2 did not Merril Tydings Flight, emergency and critical care nurse, 44 years old, Santa Fe, N.M. “ These people were starving. ” Abeerah Muhammad Emergency and critical care nurse, 33 years old, Dallas, Texas “ Everyone we met showed us pictures of themselves before October. ” Merril Tydings Flight, emergency and critical care nurse, 44 years old, Santa Fe, N.M. “ It is very simple. ” 53 health care workers saw many children suffering from easily preventable infections, some of whom died from them.

Persons: Gaza Daniel Benneworth, Gray, I’ve, ”, Mimi Syed, Khan Younis, “, ” Dr, Mohamad Rassoul Abu, bariatric, Nina Ng, Dr, Mark Perlmutter, Mount, Irfan Galaria, Khawaja Ikram, Israel, Ahlia Kattan, Ndal Farah Anesthesiologist, ” Asma Taha, Nahreen Ahmed, Aman Odeh, Mike Mallah, Deborah Weidner, Tanya Haj, Hassan, ’, Laura Swoboda, Feroze, couldn’t, Mohammed Al, Adam Hamawy, Talal Ali Khan Nephrologist, Arham Ali, Loma, Newborn, ” Monica Johnston Burn, ” Brenda Maldonado, Ayman Abdul, Ghani, Ammar Ghanem, Mohamad Abdelfattah, ventilators, ” Laura Swoboda, Benjamin Netanyahu, Israel’s, Harris, ProPublica, Peter Beinart, Kamala Harris, Ms, it’s Organizations: Nurses, Gaza’s Ministry of Health, West Bank, Mark Perlmutter Orthopedic, “, United, Rights, Oxfam, United States, Israeli Defense Ministry, Committee, UNICEF, Gaza, Hamas, Biden, U.S Locations: Gaza, Ukraine, Haiti, Flint, Mich, Israel, Pittsburgh, Pa, New York City, N.Y, N.C, Chantilly, Va, “, Savannah, Ga, Dallas , Texas, Costa Mesa, Calif, Toledo , Ohio, Santa Fe, Portland, Philadelphia, Austin , Texas, Charleston, S.C, Hartford, Conn, Olympia, Wash, Mequon, Wis, Lathrop, Ohio, South Brunswick, N.J, Oklahoma City, Okla, Loma Linda, Vancouver, Honolulu, Hawaii, Detroit, Tustin, United States, U.S, Al, Lebanese

☆ Motorsport is trying to reach Net Zero. Could fuels like this, made from air and water, help accelerate the journey?
▼ + stars: | 2024-10-01 | by ( Samuel Joseph | Sam Joseph | ) edition.cnn.com time to read: +10 min

“I believe all fuels will be made in this way, and we won’t be using fossil fuels anymore at all. Zero continued its foray into motorsport in April, linking up with 2B Autosport to become the first synthetic fuel partner in rally car racing. Zero PetroleumZero could perhaps seek to emulate P1 Fuels, a synthetic fuel firm that is already an established player in the industry. Porsche announced this year that the Porsche Mobil 1 Supercup – a one-make stock car series – would run exclusively on synthetic fuels produced at the Haru Oni plant. In addition, some experts suggest that electric power, a significantly cheaper alternative to synthetic fuels, would be a much more efficient way of decarbonizing the sport than synthetic fuel.

Persons: BloombergNEF, Haru, ”, Paddy Lowe, “, Lowe, Nigel Mansell, Nico Rosberg, Mika Häkkinen, Lewis Hamilton, Peter J Fox, “ petrolhead, “ I’ve, Damon Hill, Zero, Valtteri Bottas, Zhou Guanyu, Lamborghini Miura, Diehard, Jean Todt, Loredana Sangiuliano Organizations: CNN, Zero Petroleum, diesel, Vehicles, NASCAR, CNN Sport, Hydrogen Insight, McLaren, Mercedes, Constructors, Formula One, Sauber, Autosport, British Royal Air Force, Zero, P1, World, Porsche, Porsche Mobil, Aramco, Former International Automobile Federation, FIA, E Locations: Bicester , England, Southern Chile, Bicester, Saudi

☆ Dubai’s millionaires are fueling a private jet boom
▼ + stars: | 2024-09-26 | by ( Lucy Cormack | ) edition.cnn.com time to read: +9 min

Dubai, UAE CNN —It’s 3am at the VIP airport terminal of Dubai’s Mohammed Bin Rashid Aerospace Hub and an ultra-long range aircraft is readying for take-off. The luxury, 14-seat private jet is headed for Europe, just as soon as its main passenger and his entourage arrive. It’s an elite club that enjoys private jet travel, which can cost anywhere from $50,000 to $200,000-plus for a single leg. Mouallem said the private aviation industry was accustomed to “different kinds of shifts across the world with banning private aviation,” insisting that the focus should be not on banning flights but ensuring greater adoption of sustainable aviation fuel (SAF). So that’s really an operator decision and a supplier decision,” Avetkiyan said, adding that her customers shouldn’t feel guilty about the environmental impact of private aviation.

Persons: UAE CNN —, Mohammed Bin Rashid, it’s, ”, Lilit Avetikyan, Lilit, Voyex, Vanessa Budah, “, Knight Frank, they’ve, Faisal Durrani, Knight Frank Middle, Durrani, Youssef Mouallem, “ You’ve, ” Mouallem, they’re, you’re, ” Youssef Mouallem, Vistajet Mouallem, Mouallem, Avetkiyan, that’s, ” Avetkiyan, “ I’m Organizations: CNN, UAE CNN, Hub, McDonald’s, KFC, United Arab Emirates, Communications, Henley, Partners, US, Knight, Resorts, Resorts Tech, Resorts Dubai, Creative, International, Sharjah —, Gama Aviation, Sharjah International, European Federation for Transport, Sustainable, Emirates, Airbus, SAF, International Air Transport Association, Emirates SAF Locations: Dubai, UAE, Europe, Voyex, India, East, Russia, Africa, Gulf, Saudi Arabia, Sharjah, Netherlands

☆ A push toward sustainable jet fuel is leaving investors with unanswered questions
▼ + stars: | 2024-09-17 | by ( Jenni Reid | ) www.cnbc.com time to read: +8 min

Bloomberg | Bloomberg | Getty ImagesThe aviation industry still sees so-called "sustainable aviation fuel" (SAF) as the only viable way to meet its decarbonization targets, even as opposition and the potential for higher costs for passengers pose obstacles to the fast-growing sector. SAF is a broad term describing fuel that is burned by an aircraft engine, but instead of using kerosene is derived from more sustainable sources. The planemaker said it is collaborating with producer HIF Global on the development of methane-based fuels, and investing in alcohol-to-jet fuel producer LanzaJet. But IATA's own forecast for SAF production to triple in 2024 to 1.9 billion liters would cover just 0.53% of aviation fuel demand for the year. "The truth is, it's going to be more expensive, you can't really sugarcoat that," said HIF Global's Clara Bowman.

Persons: Neste, HIF, Buzz, Lauren Riley, Riley, Rick Nagel, You've, Clara Bowman, Bowman, United's Lauren Riley, HIF Global's Clara Bowman Organizations: SAF, Bloomberg, Getty, United Airlines, Chicago O'Hare International, Labour, Airbus, Farnborough Air, CNBC, International Air Transport Association, Acorn Capital Management, Porsche, HIF, Union's Renewable Energy Directive, Biden, Boeing, Google, Embraer Locations: Singapore, Chile, Texas, U.S, America

☆ Ukraine says it shot down a $50M Su-30 Russian fighter jet, sending it crashing into the Black Sea
▼ + stars: | 2024-09-12 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +3 min

Read previewUkraine's Defense Intelligence says its forces have shot down a Russian fighter jet over the Black Sea, sharing a video of the apparent strike. According to the post, Russian forces lost contact with the aircraft around 5 a.m. local time and launched a search and rescue operation about three hours later. It said a telltale streak of jet fuel was found on the water, as well as parts of the plane's wreckage. Advertisement-1 russian Su-30SM jet 🔥Warriors of the @DI_Ukraine special unit destroyed a russian Su-30SM combat aircraft with MANPADS over the Black Sea. pic.twitter.com/yaKnzWXyYF — Defense of Ukraine (@DefenceU) September 12, 2024The pro-Ukrainian Telegram channel Crimean Wind, which monitors developments on the peninsula, also posted about a missing Russian Su-30 jet, citing an unnamed Ukrainian army source.

Persons: —, Russian Sukhoi Su, ince, cale Organizations: Service, Intelligence, Business, Naval Aviation Regiment Locations: Russian, Ukrainian, Cape Tarkhankut, Crimea, Saki

☆ Here's the deflation breakdown for August 2024 — in one chart
▼ + stars: | 2024-09-12 | by ( Greg Iacurci | ) www.cnbc.com time to read: +4 min

It means that, in aggregate, the average prices of goods and services are rising, just more slowly. Where prices have deflatedFor example, prices have declined by about 5% for furniture and bedding and 3% for appliances since August 2023, according to CPI data. Outside of supply-demand dynamics, the U.S. dollar's strength relative to other global currencies has also helped rein in prices for goods, economists said. Airline fares have declined about 1% over the past year, according to CPI data. Grocery prices have fallen for items such as apples, potatoes, ham, coffee, rice, seafood and bananas, according to CPI data.

Persons: Stephen Brown, it's, Sarah House, They've, women's outerwear, Brown Organizations: North, Capital Economics, Finance, Social Security, Wells, Wells Fargo Economics, U.S, International Air Transport Association Locations: U.S, North America, Wells Fargo, China

☆ Harris and Trump kept talking about pumping more oil. There’s a problem with that
▼ + stars: | 2024-09-11 | by ( David Goldman | Matt Egan | ) edition.cnn.com time to read: +4 min

So why were Vice President Kamala Harris and former President Donald Trump talking so much about expanding oil production during Tuesday night’s debate? Fossil fuel will be dead,” Trump said. For all the candidates’ talk of promoting fossil fuel production, it’s not clear that America needs drastically more oil. US oil production has already spiked to a record of 13.4 million barrels per day, according to weekly federal data. So it would likely take an extreme — or calamitous — event to get gas prices back below $2.

Persons: Kamala Harris, Donald Trump, Harris, fracking, Biden, Trump, they’ll, ” Trump, Andy Lipow, he’s, It’s, it’s, Lipow, ”, Bob McNally, doesn’t, McNally, George W, Bush, “, America Organizations: CNN, Senate, Lipow Oil Associates, AAA, Rapidan Energy, US Energy Information Administration, Travel Locations: America, United States, Pennsylvania, OPEC, China

Flooding rainfall, powerful winds and potentially life-threatening storm surge could pummel parts of the upper Texas and Louisiana coastlines as Francine passes through. In addition to a hurricane warning in Louisiana, tropical storm warnings and watches have been issued along a stretch of the Louisiana and Texas coast. A storm surge warning has also been issued from High Island, Texas, to the mouth of the Mississippi River. Storm surge and rough surf could also cause minor flooding on the Mexico coast early this week. Storm surge will begin to ramp up as Francine nears landfall, causing normally dry areas to be inundated with several feet of water.

Persons: Francine, Louisiana’s, It’s, Jeff Landry, Louisiana’s Cameron Parish, Ida, Francis, “ Francine Organizations: CNN, National Hurricane Center, Louisiana and, Gov, Federal Emergency Management Agency Locations: Gulf, Louisiana, Texas, Mexico, Mississippi, Louisiana and Texas, High Island , Texas, Louisiana’s Cameron, Jefferson Parish’s, Grand Isle, St, Mary, Terrebonne, Terrebonne Parish, Jefferson, Orleans, New Orleans, In Mississippi, . Texas

☆ Bombs Rain Down in Myanmar as Junta Evades Sanctions to Buy Jet Fuel
▼ + stars: | 2024-08-03 | by ( Richard C. Paddock | ) www.nytimes.com time to read: +1 min

U Har San and his wife crawled under a table, and their daughter, eight months pregnant, hid under a bed. Bombs rained down, he said, even though no rebel fighters were in their village. One bomb killed the mother-to-be, Ma Zar Zar Win. “She was our only daughter, and now our family line has been cut off,” Mr. Har San said. The airstrikes have also taken a heavy toll on resistance fighters.

Persons: Zar Zar, ” Mr, Har Locations: Myanmar, Har San, Lat Pan, Shan State, Rakhine State

☆ The aviation industry mess is turning into bad news for the planet
▼ + stars: | 2024-07-30 | by ( Anna Cooban | ) edition.cnn.com time to read: +3 min

Air New Zealand is waiting for eight Boeing 787 Dreamliners and five Airbus A320neo and A3201neo planes, according to its website. SAF has a lower carbon footprint than traditional jet fuel because it’s made from waste products, where the carbon has already been emitted; or from plants that absorb CO2 as they grow. That was much higher than the 5% reduction target in international aviation emissions by 2030 agreed by 193 countries at a United Nations-backed conference last November. The aviation industry accounted for 2% of global energy-related carbon emissions in 2022, according to the International Energy Agency (IEA). “Planned production capacity for sustainable aviation fuels will provide just a small fraction of jet fuel demand by 2027,” notes the IEA on its website.

Persons: ” Greg Foran, “, it’s, ” Organizations: London CNN — Air, Zealand, Air, Boeing, Airbus, CNN, SAF, United, International Energy Agency, New, Reuters Locations: Zealand, Air, United Nations, New Zealand

☆ Air New Zealand becomes first major airline to scrap its 2030 climate goal
▼ + stars: | 2024-07-30 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +1 min

An Air New Zealand plane is seen during game two of the Women's ODI series between New Zealand and Pakistan at Hagley Oval on December 15, 2023 in Christchurch, New Zealand. Air New Zealand on Tuesday dropped its 2030 climate goal, citing delivery delays of fuel-efficient aircraft and the affordability of alternative jet fuels. "As such and given so many levers needed to meet the target are outside our control, the decision has been made to retract the 2030 target." Air New Zealand had previously said its 2030 target was to reduce carbon intensity by 28.9%, compared to 2019 levels. The airline said Tuesday that work has begun on a new near-term target.

Persons: Greg Foran, " Foran Organizations: Air, Hagley Oval, Air New Zealand, Zealand Locations: Zealand, New Zealand, Pakistan, Christchurch , New Zealand

☆ Read about U.S. arms transfers to Israel since Oct. 7
▼ + stars: | 2024-07-25 | by ( ) www.nytimes.com time to read: +3 min

U.S. Arms Transfers to Israel Since October 7 Recent U.S. decisions to withhold certain arms transfers to Israel, resume others, and the inconsistent reporting around those decisions highlight the challenges of accounting for vital resupplies to help Israel wage an unexpected, prolonged, multifront, munitions-intensive conflict. JINSA has produced an infographic detailing publicly-listed U.S. military assistance to Israel since October 7, including withheld supplies. JINSA Because arms deliveries are not publicly disclosed, it is difficult to assess exactly which supplies the United States agreed to send since October 7, versus sales that were contracted before that date and delivered afterward - nor is this list likely to be exhaustive, given backlogged and incomplete reporting of agreed arms transfers by the Pentagon. Weapon Type AGM-114 Hellfire-2 Missiles and Precision Guided Munitions Armored Vehicles, Armaments, Personal Protective Equipment, Medical Supplies, and Ammunition Artillery Ammunition and Ancillaries: M107 155mm D Quantity of Weapons & Supplies Value of Weapons MO/YR Requested MO/YR MO/YR Appropriated Approved Delivered 3,000 Missiles Yes 10,000 Tons Through 12/23 4,792 Rounds $147.5 Million 12/23 Artillery Ammunition: M795 155mm 52,229 Rounds 12/23 Bomb Live Unit (BLU)-109 Bombs: 2,000-lb 100 Bombs Yes Cannon Ammunition: 30mm 36,000 Rounds Yes Colt M16, M4, and MK18 Rifles 44,000 Rifles $34 Million 11/23 Yes $26.675 Million 5/24 ≤50 Aircraft $18+ Billion 25 Aircraft Yes Yes ཪི་ $14.1 Billion 4/24 Colt M4A1 Carbines, Suppressors, and Flash Suppressors F-15 Tactical Fighter Aircraft F-35A Multirole Combat Aircraft High Explosive Anti-Tank Multi- Purpose with Tracer (MPAT) Tank Cartridges and Related Equipment: M830A1 120mm Iron Dome Missile Defense System Israel Security Supplemental Appropriations Act, 2024: Iron Dome and David's Sling Systems, and Iron Beam Development Joint Direct Attack Munitions (JDAM) JP-8 Jet Fuel M141 Bunker-Buster Ammunition 13,981 Rounds $106.5 Million 2 Batteries 3,000 Rounds 41,227,000 kg ≥1,800 Rounds Delivered of 3,000 Requested 12/23 Yes Yes 12/23 Yes M4 Propelling Charges Mortar Ammunition Night-Vision Devices 30,000 Charges 12/23 $60 Million 5/24 3,500 Devices Yes Skydio X10 Series Drones 100+ Drones Yes Small Diameter Bombs (SDB): Various Types 2,600 Bombs Yes Switchblade 600 Drones 200 Drones 10/23 Tactical Vehicles $500 Million 5/24 Tamir Interceptors for Iron Dome Undisclosed Number of Rounds Yes Tank Ammunition 14,000 Rounds $700 Million Unguided Bombs: MK82 500-lb Unguided Bombs: MK82 500-lb 6,500 Bombs Unguided Bombs: MK84 2,000-lb 1,700 Bombs 14,000 Bombs Unguided Bombs: MK84 2,000-lb 1,800 Bombs 12/23 Yes 6/23 Yes Yes Yes DDDD Currently Reported to be Suspended Recently Unsuspended Transfers

Persons: ཪི, Tamir, DDDD Organizations: Pentagon, Guided Munitions, Vehicles, Armaments, Medical Supplies, Artillery, MK18 Rifles, Colt, Fighter Aircraft, Dome Missile Defense System Israel, Systems, Beam, Attack Munitions, Buster, Iron Locations: Israel, States

☆ Oil rises on cooling U.S. inflation but heads for weekly dip
▼ + stars: | 2024-07-12 | by ( ) www.cnbc.com time to read: +2 min

Brent crude futures rose 33 cents, or 0.4%, to $85.73 a barrel by 0300 GMT. U.S. West Texas Intermediate crude futures climbed 46 cents, or 0.6%, to $83.08 a barrel. Indications of strong summer fuel demand in the U.S. also kept prices buoyed. Jet fuel demand on a four-week average basis was at its strongest since January 2020. The strong fuel demand encouraged U.S. refiners to ramp up activity and draw from crude oil stockpiles.

Persons: Brent, stoking, Jerome Powell, Jun Rong, Emril Jamil Organizations: Brent, . West Texas, Federal Reserve, Fed, IG, Jet, Gulf Locations: United States, U.S

☆ Record numbers of people are flying. So why are airlines’ profits plunging?
▼ + stars: | 2024-07-03 | by ( Chris Isidore | ) edition.cnn.com time to read: +3 min

Airlines face numerous problems, including higher costs, such as fuel, wages and interest rates. And problems at Boeing mean airlines have too few planes to expand routes to support a record numbers of flyers. Labor costs and jet fuel prices, the airlines’ two largest costs, are both sharply higher this year. Jet fuel prices are climbing because of higher demand in the summer. Southwest announced in April that it would stop serving four airports to trim costs — Bellingham International Airport in Washington state, Cozumel International Airport in Mexico, Syracuse Hancock International Airport in New York and Houston’s George Bush Intercontinental Airport.

Persons: that’s, Houston’s George Organizations: New, New York CNN, Boeing, Labor, Airline, Jet, International Air Transport, Airbus, Alaska Airlines Boeing, Max, Federal Aviation Administration, Southwest, Bellingham International Airport, Cozumel International, Syracuse Hancock International, Houston’s George Bush Intercontinental Locations: New York, Southwest, United, Washington state, Cozumel, Mexico, Syracuse

President Biden should do the same,” Doggett said in his statement Tuesday. “There’s a large and increasing group of House Democrats concerned about the president’s candidacy, representing a broad swath of the caucus,” another House Democratic lawmaker told CNN on condition of anonymity to speak candidly. They have held off going to Biden directly, hoping he would make the decision himself, but patience is wearing thin, multiple Democrats told CNN, amid signs that Biden has taken no steps to seriously consider the mounting concerns. President Joe Biden, first lady Jill Biden, and their granddaughters Finnegan and Natalie Biden head to Camp David on June 29, 2024. House Democrats are deep into their own polling, assessing how much damage has been done.

Persons: Joe Biden’s, Lloyd Doggett of, Lyndon Johnson, Biden, ” Doggett, “, ”, ” Biden, George Stephanopoulos, Camp David, Obama, Barack Obama’s, Mitt Romney, Mike Quigley, Kasie Hunt, who’s, Nancy Pelosi, ” Pelosi, Donald Trump, Trump, Kamala Harris, Hakeem Jeffries, Jeffries, Jill Biden, “ Joe isn’t, …, Delaware Sen, Chris Coons, George W, Sen, Sheldon Whitehouse, Joe Biden, Finnegan, Natalie Biden, Haiyun Jiang, —, Jen O’Malley Dillon, Andrew Weinstein, Phil Murphy, ” Murphy, CNN’s Brianna Keilar, Jake Tapper, Annie Grayer Organizations: CNN, Democratic, House Democrats, Biden, ABC News, Camp, Republican, Capitol Hill Democratic, ”, House, Senate, MSNBC, California Democrat, Monday, “, Trump, Democratic National Convention, Democratic Party, Hamptons, Saturday, ABC, White, New York Times, Minnesota, New York Times Editorial, Democratic National Committee, campaign’s National Finance Committee, New Locations: Delaware, Lloyd Doggett of Texas, California, North Carolina, Virginia, New Jersey, Rhode Island, Wilmington, ”, Michigan, Ukraine

☆ Thailand is now the Myanmar junta’s favored banking destination as military attacks ramp up, UN expert says
▼ + stars: | 2024-06-27 | by ( Helen Regan | Kocha Olarn | ) edition.cnn.com time to read: +5 min

Hong Kong/Bangkok CNN —International banks are playing a significant role in the Myanmar military junta’s ability to carry out its systematic and deadly assault on its people, a new United Nations-backed report has found. Athit Perawongmetha/ReutersThe Thai connectionSingapore-based entities were Myanmar’s third largest source of weapons and military materials. In 2022, Singapore-based banks facilitated more than 70% of the junta’s purchases passing through the banking system. Looking for other financial institutions, the junta found neighboring Thailand. “Our banking and financial institutions follow banking protocols as any major financial hub.

Persons: Tom Andrews, ” Andrews, Banks, ”, Athit Perawongmetha, “ Organizations: Bangkok CNN — International, United Nations, UN, Administration Council, SAC, “ Banking, Military Junta, States, Karen National Liberation Army, Siam Commercial Bank, CNN, Thailand’s Ministry of Foreign Affairs, Economic Bank Locations: Hong Kong, Bangkok, Myanmar, Singapore, Myawaddy, Thailand, Thai, Siam

☆ Oil extends losses as strong dollar weighs on commodities markets
▼ + stars: | 2024-06-24 | by ( ) www.cnbc.com time to read: +1 min

Oil prices fell in early Asian trade on Monday for a second straight session, weighed down by a stronger dollar after concerns of higher-for-longer interest rates resurfaced and cooled investors' risk appetite. Brent crude futures slid 40 cents, or 0.5%, to $84.84 a barrel by 0036 GMT, after settling down 0.6% on Friday. U.S. West Texas Intermediate crude futures were at $80.34 a barrel, down 39 cents, or 0.5%. In Ecuador, state oil company Petroecuador has declared force majeure over deliveries of Napo heavy crude for exports following the shutdown of a key pipeline and oil wells due to heavy rains, sources said on Friday. In the U.S., operating oil rigs fell three to 485 last week, their lowest since January 2022, Baker Hughes said in its report on Friday.

Persons: Brent, Tony Sycamore, Petroecuador, Baker Hughes Organizations: Midland, . West Texas, U.S, PMI, IG, greenback, ANZ Locations: Odessa, Texas, Sydney, U.S, Gaza, Ecuador

☆ Aliko Dangote’s mission to build Africa’s largest oil refinery
▼ + stars: | 2024-06-05 | by ( Jackelyn Prager | Jackie Prager | ) edition.cnn.com time to read: +6 min

CNN —Over the past eight years, Aliko Dangote, Africa’s richest man, has built one of the world’s largest oil refineries. Nigeria is one of Africa’s largest oil producers, yet the country has lacked the capability to refine its oil forcing it to rely on imported fuel. Aliko Dangote walks CNN's Eleni Giokos through his oil refinery in Lekki, Nigeria. Did it make economic sense at the time to build a cement plant and compete effectively with imported cement prices? Video Ad Feedback A rare look inside Africa’s largest oil refinery 23:00 - Source: CNNCNN: So how are imports affecting industrialization and local growth of value chains?

Persons: Aliko, I’ve, ”, CNN’s Eleni Giokos, they’ve, Dangote, CNN's Eleni Giokos, we’re, you’ve Organizations: CNN, Dangote Industries Ltd, National Petroleum Corporation, CNN CNN, Obajana, Dangote Cement, Continental Free Trade Area Locations: Lagos, Nigeria, Lekki, India, Dangote, Saharan Africa, Kogi State, Egypt, American, Africa

☆ Inflation seems to be cooling again. Americans aren’t buying it
▼ + stars: | 2024-05-31 | by ( Krystal Hur | ) edition.cnn.com time to read: +7 min

A slew of big-box retailers have lowered prices on items in recent weeks, citing moderating inflation and frugal customers. Recent economic data has also suggested that inflation is cooling, after data earlier this year spurred fears that progress had stalled. Yet Americans don’t seem convinced that inflation is moderating or that the economy is as healthy as indicators suggest. Mortgage rates have declined in recent weeks but remain near 7%. Target announced plans to cut prices on thousands of consumer basics as inflation cuts into household budgets.

Persons: aren’t, Charles Schwab’s, ”, James Kostulias, Charles Schwab, Joe Raedle, Jerome Powell, Powell, Neel Kashkari, “ I’m, Schumer, Chuck Schumer, General Merrick Garland, “, Elizabeth Warren, Amy Klobuchar, Bernie Sanders, Dick Durbin, Scott Sheffield, Read, Matt Egan, Mat Ishbia, homebuyers, refinances Organizations: CNN Business, Bell, New York CNN, Walmart, Target, Ikea, Aldi, CPI, “ Traders, Minneapolis Federal, CNBC, Democrats, Justice Department, Oil, Big Oil, DOJ, Big, Federal Trade Commission, United Wholesale Mortgage, Phoenix Suns NBA Locations: New York, Miami , Florida, Minneapolis, Texas, Sens

☆ Schumer and Senate Democrats call for Justice Department to probe Big Oil for alleged collusion
▼ + stars: | 2024-05-30 | by ( Matt Egan | ) edition.cnn.com time to read: +3 min

CNN —Senate Majority Leader Chuck Schumer and nearly two dozen Democrats pressed the Justice Department on Thursday to launch an industry-wide investigation into Big Oil for alleged collusion and price fixing. The lawmakers urged the DOJ to investigate the oil industry, “hold accountable any liable actors” and halt illegal activity. Last week, congressional Democrats launched an investigation into whether other US oil companies colluded with each other and OPEC. Regulators cited hundreds of text messages Sheffield exchanged with OPEC officials discussing pricing, production and oil market dynamics. “The strategy appears to have worked,” Schumer and his colleagues wrote to the DOJ.

Persons: Chuck Schumer, General Merrick Garland, Schumer, “, ”, Elizabeth Warren, Amy Klobuchar, Bernie Sanders, Dick Durbin, Scott Sheffield, Sheffield “, ” Schumer, Sherman, Sheffield, ” Sheffield Organizations: CNN, Justice Department, Big Oil, Democrats, DOJ, Big, Federal Trade Commission, FTC, Sheffield, Pioneer Natural Resources, OPEC, Pioneer Locations: Texas, Sens

Eastern Ukraine CNN —Ukrainian crews working on US-supplied Abrams tanks have told CNN of a series of the weaknesses and flaws with the armored vehicles, calling into doubt their utility on the war’s ever-changing frontlines. Much of the Ukrainian frontline is now dominated by the use of self-destructing attack drones, tiny and accurate devices that can swarm infantry and even cause significant damage to tanks. Mick Krever/CNNAmmunition is also a problem, like elsewhere on the Ukrainian frontline. NATO “would never” use the Abrams tank the way the Ukrainian military has to use it, a Ukrainian soldier who uses the moniker “Joker” said. Mick Krever/CNNThe Ukrainian crew expressed frustration the tanks were made for a NATO style of warfare, in which air power and artillery prepare the battlefield before tanks and infantry advance.

Persons: Abrams, Joe Biden, ”, Crews, Saddam Hussein’s, Mick Krever, ” Joker, “, ’ ”, Oleksandr Syrsky, Victoria Butenko Organizations: Eastern, Eastern Ukraine CNN —, CNN, United, ” CNN, 47th Mechanised Brigade, Pentagon, Abrams, NATO, “ Locations: Eastern Ukraine, United States, Ukraine, Germany, Iraq, Dnipro, Ukrainian, Avdiivka, Russia, Poland, American, Russian, Red Square, Kyiv, “ Ukraine, Ukraine’s, France

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