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A new $4 million effort primarily aimed at engaging and mobilizing Black male voters ahead of Election Day in key battleground states is launching Tuesday, according to plans shared first with NBC News. The new effort will focus on nonpartisan ways to encourage largely Black men to vote, said Quentin James, founder and president of the Collective PAC. "Black men are now one of the No. He added that with polls showing a close presidential race, Black men could play a pivotal role. The group hopes to register 50,000 Black voters by providing them with resources at VoteToLive.org.

Persons: —, Kamala Harris, Quentin James, ” James, James, Donald Trump, Harris, ” Organizations: NBC News, Collective PAC, Service Employees International Union, NAACP Locations: Georgia, Michigan, North Carolina , Ohio, Pennsylvania, Wisconsin, Arizona, Nevada, Georgia , Michigan

☆ The two-day or less shipping Americans have come to expect faces a climate change threat
▼ + stars: | 2024-08-24 | by ( Michelle Castillo | ) www.cnbc.com time to read: +7 min

Customers have come to expect when they order something online, it arrives in two days or less. Many logistics companies have warned about shipping delays due to extreme weather. Freight solutions company Breakthrough, which focuses on sustainable transportation, conducted a survey of 500 shippers and carriers this year that revealed extreme weather was cited as the top transportation challenge. And rather than rely on large warehouses, it uses its stores as hubs, which helps it change delivery fulfillment quickly. In addition to closing warehouses in cases of extreme weather, Amazon is using algorithms to plan delivery worker routes.

Persons: Jenny Zanden, Donner, Parvez Musani, Musani Organizations: Sparks, Walmart, Amazon, Daily Locations: Panama, U.S, Sparks , Nevada, Sierra, Nevada , California, Oregon, New Jersey, California

☆ Urban biking is booming around the world, but New York City is falling behind
▼ + stars: | 2024-08-14 | by ( Eliza Relman | ) www.businessinsider.com time to read: +6 min

New York City has also seen a surge in bicycling since the pandemic caused many to avoid mass transit and ride shares. And the funding for the Streets Plan — more than $900 million — has already been allocated to DOT. The city streets were designed to maximize vehicle speed rather than to get as many New Yorkers around as efficiently and safely as possible. While New York City streets have generally gotten safer since the city adopted its 'Vision Zero' plan in 2014 to eliminate traffic deaths and serious injuries in 2014, progress hasn't been consistent. Advertisement"What New York City can learn is that when you commit to comprehensive bike infrastructure, it works," Elizabeth Adams said.

Persons: Adams isn't, Adams, doesn't, Elizabeth Adams, Kathy Hochul, it's, they're Organizations: Service, Business, Department of Transportation, DOT, Transportation, New York Gov, New Locations: Paris, New York City, New York, London, Manhattan, Cities, Tokyo, York City

☆ 'Good times beget good times': JPMorgan Asset Management's global strategy chief explains why expensive US stocks can keep rising — and 4 top places to invest now
▼ + stars: | 2024-04-02 | by ( James Faris | ) www.businessinsider.com time to read: +7 min

Read previewHistory says US stocks' idyllic start to the year is sustainable, as does the chief global strategist at $2.9 trillion JPMorgan Asset Management. Advertisement"The market has momentum, and so good times beget good times," Kelly told Business Insider in a recent interview. JPMorgan Asset Management"There is a certain amount of fluff in those valuations, and I think that is somewhat dangerous," Kelly said. JPMorgan Asset ManagementOutside equities, Kelly said investors should consider adding exposure to alternative assets like real estate and transportation. "The overall buffet table of investment opportunities is being expanded, even for individual investors," Kelly said.

Persons: —, David Kelly, Kelly, David Rosenberg, Jon Wolfenbarger, Rosenberg, Kelly doesn't, it's, Kelly didn't Organizations: Service, Asset Management, Business, JPMorgan Asset Management, Bulls, Apple, JPMorgan, Management, Companies, Nikkei, P Transportation, Trust Nasdaq Transportation Locations: Truist, Europe, United Kingdom, Japan

☆ Premarket stocks: Why Wall Street should worry about retail
▼ + stars: | 2024-01-17 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +6 min

Consumer spending accounts for about 70% of America’s gross domestic product, the broadest measure of the US economy, so a recession is nearly impossible as long as consumer spending is growing. Wednesday’s report is expected to be a good one — economists polled by FactSet expect that a strong holiday shopping season boosted consumer spending by 0.4% in December from the month prior. But new data from the New York Federal Reserve on Tuesday has soured the mood on Wall Street. The outlook for consumer spending doesn’t look so bright, either. The trend marked the deepening of a demographic challenge set to have significant implications on the world’s second largest economy, report my colleagues Laura He and Simone McCarthy.

Persons: Alicia Wallace, shutdowns, It’s, Brian Moynihan, ”, CNN’s Richard Quest, they’ve, Bob Iger, Samantha Delouya, Walt Disney, Iger’s, Disney, Laura, Simone McCarthy Organizations: CNN Business, Bell, New York CNN, FactSet, New York Federal Reserve, Consumer, Hamas, Federal Reserve, Bank of America, Economic, Disney, National Bureau of Statistics, Communist, NBS Locations: New York, Suez, Iranian, Asia, Europe, United States, Drewry, Davos, Switzerland, China, Communist China

☆ Deflation is the anti-inflation. Here's where prices fell in September 2023 in one chart
▼ + stars: | 2023-10-13 | by ( Greg Iacurci | ) www.cnbc.com time to read: +1 min

At their pandemic-era peak, consumer prices were rising faster than at any point in 40 years. Inflation has been declining gradually, which means prices are still rising but at a slower pace, also known as disinflation. Some prices have actually deflated over the past year, according to the consumer price index. Deflation is the opposite of inflation: It means consumers are seeing prices decline in certain categories. Over the long term, consumers also generally see savings as manufacturers shift goods production to lower-cost areas, Zandi said.

Persons: —, Mark Zandi, Zandi Organizations: Getty, Consumers, Goods, Moody's, Energy Locations: U.S, Russia, Ukraine

It’s usually an inexpensive, efficient way to transport crops, as a typical group of 15 barges lashed together carries as much cargo as about 1,000 trucks. A narrowed shipping lane also means barges from different companies must squeeze into limited space, forcing backups and delays. Months of dry and warm weather have hit the Midwest hard, damaging crops in much of the region west of the Mississippi River. In Kansas, 40% of the soybean crop was reported in poor or very poor condition, with the same conditions for 40% of the corn crop in Missouri. From his work site beside the Mississippi River in Red Wing, Minnesota, Jim Larson watches as the river rises and falls through the seasons.

Persons: Farmer Bruce Peterson, chuckled, ” Peterson, “, Louis, Paul, that’s, Nature, ”, Merritt Lane, Lane, Tom Heinold, ” Heinold, Heinold, Mike Steenhoek, Steenhoek, Jim Larson, Larson Organizations: DES, Canal Barge, New, Engineers, “, Soy Transportation Coalition, Red Locations: DES MOINES, Iowa, Mississippi, Gulf of Mexico, Minnesota, New Orleans, St, Minneapolis, Illinois, Ohio, Wisconsin, Davenport , Iowa, Savanna , Illinois, Rock, Missouri, In Kansas, U.S, United States, Red Wing , Minnesota

☆ Elon Musk's 700 mph hyperloop tech hasn't become reality. But companies aren't giving up
▼ + stars: | 2023-09-12 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +2 min

The Hyperloop test track tube with its transport cabin is open for viewing before the opening begins. MUNICH — Hyperloop, a mega-fast transportation system dreamed up in 2013 by Tesla and SpaceX founder Elon Musk, was supposed to be a reality by now. There has been so much hype, with several firms years ago saying that we would have a mass-scale hyperloop system by now. By the end of the next decade, hyperloop technology will have longer tracks built through continents, Semino said. Hyperloop Transportation Technologies (HTT) and Elon Musk's Boring Company are also exploring the technology.

Persons: Elon Musk, I've, Gabriele Semino, Hyperloop, Semino, Elon Organizations: Technical University of Munich, Tesla, SpaceX, CNBC, IAA, Hyperloop Transportation Technologies, Elon Musk's Boring Locations: Europe, TUM, MUNICH, Munich

☆ Ukrainian pilot says its air force is so outclassed by Russia's that it can 'do nothing to them in the air'
▼ + stars: | 2023-07-17 | by ( Sophia Ankel | ) www.businessinsider.com time to read: +3 min

A Ukrainian pilot described his struggle against much more powerful Russian aviation. The pilot told The Sunday Times about the limited impact that Ukraine's outdated gear can have. "The Russian jets are much better quality than ours," Maksym told The Times. A top British air force general, Chief Marshal of British Air Staff Rich Knighton, told a conference in London last week that Russia's air force "remains largely intact." Citing British intelligence, Knighton said that Russia's air force had retained 96% of its 2,021 fixed-wing aircraft and 90% of its 899 helicopters, with losses of 86 planes and 90 helicopters.

Persons: Maksym, Maksim's, British Air Staff Rich Knighton, Knighton Organizations: Sunday Times, Service, Times, Lada, Ukraine, Senior Ukrainian, Financial Times, British, British Air Staff Locations: Russia, Ukraine, Wall, Silicon, Ukrainian, Bakhmut, Soviet, London

☆ Gov. Wes Moore wants Democrats to deliver results. If he pulls it off, he could change Maryland for decades.
▼ + stars: | 2023-07-17 | by ( John L. Dorman | ) www.businessinsider.com time to read: +12 min

When speaking about the Democratic Party in Maryland, Moore leaned into a similar message. "If you look at the work that we're doing here in the state of Maryland, it's results," he said. Moore in his office at the Maryland State House in Annapolis. Moore told me that he had full confidence in the legality of the legislation, calling it "the right thing to do." Moore gives his first State of the State address at the Maryland State House on February 1, 2023.

Persons: Wes Moore, Moore, Wes Moore's, —, Mitt Romney, Chris Christie, Marylanders, We're, Biden, Frederick Douglass, we're, Del, Dan Cox, Michael Robinson Chávez, Moore —, Gov, Aruna Miller —, Annapolis —, we've, Jarrod Ramos, Christian Segovia, Jr, Brian Witte, Atlanta , Georgia —, J.B . Pritzker, Matt McClain, I've, he's Organizations: Maryland Gov, NRA, Black, Republicans, Democratic, Democratic Party, Democrats, GOP, Maryland National Guard, Maryland State House, Washington Post, National Guard, US, 82nd Airborne Division, Gazette, Baltimore, Johns Hopkins University, Baltimore's Brooklyn Homes, Guardians, Capital Gazette, AP, National Rifle Association, Morehouse College —, Democratic Gov, Illinois, Washington, Getty, of Commerce Locations: ANNAPOLIS , Maryland, Maryland, Annapolis, Afghanistan, Pittsburgh , Pennsylvania, Buffalo , New York, Baltimore's Brooklyn, Sr, Md, Atlanta , Georgia

☆ The future of travel: 10 concepts that will change the way we experience the world
▼ + stars: | 2023-06-20 | by ( Kate Springer | ) edition.cnn.com time to read: +22 min

Concepts that feel plucked from sci-fi novels and films are quickly making their way into mainstream travel, shaping every step of the journey. Seamus PayneLike air travel, eco-conscious hotels are paving the way for more sustainable travel in the future. HyperloopTTUS entrepreneur Elon Musk has been talking about hyperloop technology – an ultra-high-speed transport system in a low-pressure vacuum tube – for years. Meanwhile, Toronto-based TransPod hopes to bring hyperloop technology to Canada with its eponymous tube-based transportation system powered by renewable energy. By 2025, the company plans to build a 620-mile-per-hour TransPod link between Calgary and Edmonton, connecting the two cities in 45 minutes.

Persons: Elijah Nouvelage, Indira Gandhi, Paris Charles de Gaulle, Austin Farmer, we’ll, don’t, David ”, you’ll, Alexander the Great, ” Michael Breer, KAWS, collectables –, Breer, ” Breer, You’ve, ” Jetson, Peter Ternstrom, Apollo, Cruise, ”, what’s, Boom’s, –, Seamus Payne, room2, Marcel Breuer, Tesla, charades, Yusaku Maezawa, Elon Musk, hyperloop, Virgin Hyperloop, HyperloopTT, Hardt Hyperloop Organizations: CNN, Travel, Hartsfield, Jackson Atlanta International Airport, Bloomberg, Getty, Dubai International Airport, Hong Kong International Airport, Indira, Indira Gandhi International, European Union, Emirates, Dubai International, American Airlines, United, Delta, Bluetooth, Alaska Airlines, Lufthansa, Qatar Airways, Specterras Productions, CNN Travel, VR, Aircraft, Federal Aviation Administration, Baidu, Hyundai, Las, CNN Travel ., Alphabet Inc, Beta, International Civil Aviation Organization, Alice, DHL, Air New, Concorde, Japan Airlines, Bauhaus, CEH Technologies, Origin, SpaceX, International Space, NASA, Galactic, Space Training Academy, Nastar Center, Boring Company, Virgin, Hyperloop Transportation Technologies, China Morning Post, China Aerospace Science, Industry Corporation, European Hyperloop Center Locations: Singapore, Dubai, Tokyo Narita, Tokyo Haneda, Delhi, London Heathrow, Paris, Dutch, Europe, Florence, Palmyra, Machu Picchu, New York, Ehang, China, Boston, Las Vegas, Motional, Phoenix, San Francisco, Los Angeles, North America, Austin, Beijing, Chongqing, Wuhan, Shanghai, Guangzhou, Mexico, Air New Zealand, Denver, New York City, Frankfurt, LA, Sydney, London, New Haven , Connecticut, Hungarian, Norway, Red, Saudi Arabia, Amsterdam, Chicago, Cleveland, Pittsburgh, Shanxi province, Netherlands, Toronto, Canada, Calgary, Edmonton

☆ N.Y. Congestion Pricing Plan Moves a Step Closer to Reality
▼ + stars: | 2023-05-05 | by ( Ana Ley | ) www.nytimes.com time to read: +2 min

Vehicles carrying people with disabilities and authorized emergency vehicles would be exempt from the tolls. will literally pilfer out of the pockets of Jersey families will go to the M.T.A.”Other critics include taxi drivers, as well as Lyft and Uber drivers. Manhattan residents who live north of the tolling zone have said they fear that motorists, to skirt the new charge, will cluster in their neighborhoods. To the disappointment of those who oppose the plan altogether, protests will most likely not stop transportation officials from moving ahead, though officials have made tweaks to ease concerns. What’s NextOpponents have threatened legal action if the plan continues to advance.

☆ I commute between Boston and New York City up to three times a week on a seaplane. Here's why it beats taking the train or flying commercial.
▼ + stars: | 2023-04-19 | by ( Hannah Towey | ) www.businessinsider.com time to read: +9 min

I've been using Tailwind Air, a seaplane shuttle service, to commute between Boston and New York for almost two years now. It's the most efficient and productive way to commute between the two citiesInsider aviation reporter Thomas Pallini flying on a Tailwind Air seaplane in 2021. If you fly frequently, the cost difference isn't that huge compared to commercialFlying on a Tailwind Air seaplane. For the long-term, it's not a sustainable commuteFlying on a Tailwind Air seaplane. I think short-hop travel will look totally different in 50 yearsFlying on a Tailwind Air seaplane.

☆ Just How Good for the Planet Is That Big Electric Pickup Truck?
▼ + stars: | 2023-02-17 | by ( Elena Shao | ) www.nytimes.com time to read: +11 min

But as electric vehicles have bulked up, they have also faced new questions over their environmental and safety impacts. Less emissions per mile More emissions per mile Electric vehicles Vehicle SIZE, BY WEIGHT: Heavier vehicles tend to have higher emissions. Take the Ford F-150 pickup truck compared with the electric F-150 Lighting. The same beeswarm chart as in the previous graphic, but Ford F-150 Lightning and Ford F-150 gas-powered models are highlighted. Larger batteries have also added significant weight to many big electric vehicles, anywhere from hundreds to thousands of pounds.

☆ HyperloopTT to go public via SPAC led by former Disney execs
▼ + stars: | 2022-11-22 | by ( ) www.reuters.com time to read: +1 min

Nov 22 (Reuters) - High-speed transportation systems maker Hyperloop Transportation Technologies (HyperloopTT) said on Tuesday it would list its shares in the United States through a deal with a blank-check firm at a pre-money valuation of $600 million. The special purpose acquisition company (SPAC) Forest Road Acquisition Corp II (FRXB.N), which is led by former Disney executives Tom Staggs and Kevin Mayer, is expected to provide the combined company $330 million in net proceeds if the SPAC shareholders do not withdraw their money before the deal closes. HyperloopTT, which makes vacuum tube-based ground transportation systems with airplane speeds, has agreed to a SPAC merger at a time when the market's appetite for such deals have fizzled, as the economic outlook worsens with rising interest rates and inflation. The current shareholders and convertible note holders of HyperloopTT will hold $289 million worth of common shares in the company after the deal closes, the company said. A SPAC is a listed company without any business operations, formed to solely raise money and merge with other companies.

Automakers are now shifting to electric vehicles, which could make up one-quarter of new sales by 2035 , analysts project. Around the world, governments and automakers are focused on selling newer, cleaner electric vehicles as a key solution to climate change. Some Democrats have proposed reviving that program to accelerate the shift to electric vehicles. In that scenario, the researchers found, the United States could cut emissions just as deeply with around 205 million electric vehicles. “Right now it can be inconvenient to own an electric vehicle if there are no charging stations around.

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