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☆ New $100M DOJ lawsuit details the 'unseaworthy' condition of the ship behind Baltimore bridge collapse
▼ + stars: | 2024-09-18 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. The ship's owner and manager, the lawsuit says, sent an "ill-prepared crew on an abjectly unseaworthy vessel to navigate the United States' waterways." The lawsuit calls the actions by Grace Ocean Private Ltd, the owner of the vessel, and the ship's operator, Synergy Marine Group, "outrageous, grossly negligent, willful, wanton, and reckless." Darrell Wilson, a spokesperson for Grace Ocean Private Ltd and Synergy Marine Group, told Business Insider in a statement that the legal claim was "anticipated." AdvertisementThe lawsuit is also seeking punitive damages to deter any future "misconduct" by the owner and operator of the Dali.

Persons: —, Francis Scott Key, Dali, Grace, Darrell Wilson, Wilson, Merrick Garland, Garland Organizations: Service, Department, DOJ, Business, Grace Ocean Private Ltd, Synergy Marine Group, Grace Ocean Private, Justice Department, Synergy Marine, Private Locations: Singapore, Baltimore, Maryland, United States, Port of Baltimore

☆ Apple made its cheapest iPhone 16 so good there aren't many reasons you'll need the Pro version
▼ + stars: | 2024-09-18 | by ( Jordan Hart | ) www.businessinsider.com time to read: +3 min

Unlike previous years, when the Pro was clearly more updated than lesser models, the basic iPhone 16 has more notable upgrades. The iPhone 16 comes with the customizable Action button that was previously exclusive to iPhone 15 Pro models. AdvertisementThe iPhone 16 starts at $799, and the iPhone 16 Plus costs about $899. "The key factor is the lower-than-expected demand for the iPhone 16 Pro series," he wrote. The iPhone 16 and iPhone 16 Plus come in five colors: ultramarine, teal, pink, white, and black.

Persons: —, Pro Max, bode, Cherlynn, Nilay Patel, Chi Kuo, Kuo, Siri, Max, Allison Johnson Organizations: Service, Pro, Business, Apple, Apple Intelligence Locations: Taiwan

☆ A portfolio manager who's outperformed a major value index for over a decade shares 4 cheap stocks that the market's overlooking
▼ + stars: | 2024-09-18 | by ( Christine Ji | ) www.businessinsider.com time to read: +5 min

Market disconnectsSpeaking of mistakes in the market, Rosenthal thinks the current composition of the market is untenable and due for a correction. "We don't think the equal-weighted S&P or any kind of index ex the Mag Seven is at an extremely low valuation," Rosenthal said. Rosenthal holds CVS (CVS) in his portfolio. Nippon Sanso (NPXYY) is a Japanese oil and gas company that Rosenthal believes is undervalued. Combined with the structural tailwind of corporate reforms within Japan, Rosenthal believes this Japanese company's stock is well-positioned to appreciate in the coming years.

Persons: —, Scott Rosenthal, Rosenthal, Rosenthal's, it's Organizations: Service, Hotchkis & Wiley Capital Management, Wiley Global Value Fund, Business, Econ, CVS, Nippon Locations: Japan

☆ 3 couples who recently got mortgage interest rates under 3% share how they did it
▼ + stars: | 2024-09-18 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +10 min

Read previewOver the past few years, US mortgage rates have fluctuated wildly, leaving both homebuyers and sellers scrambling. AdvertisementThis can lead to significantly lower interest rates, making monthly mortgage payments more affordable and saving thousands over the life of the loan. The Federal Open Market Committee, which oversees US monetary policy, is expected to cut interest rates at its meeting this week. This could lead to further declines in mortgage rates in the coming months. Here are the stories of three homebuying couples who secured mortgage rates below 3% since March 2023 using assumable mortgages.

Persons: —, Louis, Freddie Mac, aren't, Grace Lucchese, Mickey Ricard, Boston —, Lucchese, Ricard, Riccard, Brian Sankey, Fort Knox, Sankey, Brian Sankey Sankey, wouldn't, Amy Yzaguirre, Yzaguirre, I've Organizations: Service, Federal, Fed, Federal Reserve Bank of St, Business, Federal Housing Administration, Department of Veterans Affairs, Market Committee, Boston, Lucchese, assumable Veterans Affairs, Veterans Affairs, Army, Toyota Tacoma Locations: Lucchese's, Sudbury , Massachusetts, Boston, couple's Massachusetts, Elizabethtown , Kentucky, Fort, Elizabethtown, Oregon, Idaho, Tigard, Portland, Sherwood

☆ Snap threw shade at Apple and Meta's bulky headsets, but its new Spectacles are cartoonish
▼ + stars: | 2024-09-18 | by ( Jordan Hart | ) www.businessinsider.com time to read: +4 min

At the end of Tuesday's Snap Partner Summit keynote, CEO Evan Spiegel introduced a major upgrade to the company's augmented reality glasses. AdvertisementHe added, "AR glasses have see-through lenses. SnapAlthough Spiegel threw shade at headset rivals, Snap will have a lot to prove in the smart glasses space. The glasses Snap unveiled are cordless, unlike the Vision Pro headset. The Quest 3 completely covers the eyes, but Spiegel said Spectacles have see-through lenses that become tinted in sunlight.

Persons: —, Evan Spiegel, you've, Spiegel, Snap, Leo Gebbie Organizations: Service, Business, Meta, Reality Labs, CCS Insight, CNBC, Vision, VR

☆ Meet Africa's richest man, a billionaire who doesn't own a home outside Nigeria
▼ + stars: | 2024-09-18 | by ( Talia Lakritz | ) www.businessinsider.com time to read: +1 min

Aliko Dangote, 67, is the richest person in Africa with an estimated net worth of $11.7 billion. He founded the Dangote Group, a cement manufacturer with a presence in 10 African countries. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAliko Dangote, 67, first appeared on Forbes' billionaires list in 2008, and he has been ranked Africa's richest person every year since. Dangote earned his billionaire status as the founder of the Dangote Group, Africa's largest cement producer with branches in 10 African countries.

Persons: Aliko Dangote, Bill Gates, —, Aliko, Dangote Organizations: Dangote, Service, Forbes, Business Locations: Africa, Nigeria

☆ Ukraine says it wiped a key Russian missile and artillery arsenal 'off the face of the earth' in long-range strikes
▼ + stars: | 2024-09-18 | by ( Jake Epstein | ) www.businessinsider.com time to read: +4 min

Read previewUkrainian forces used long-range drones to strike a key Russian ammunition depot overnight, destroying missiles, bombs, and artillery. The warehouse was "literally wiped off the face of the earth," the source said, according to a translation of their remarks. AdvertisementAn image of the Toropets facility on September 7. The facility after the Ukrainian attack on Wednesday. A former Ukrainian military officer who goes by the social media handle Tatarigami called the Toropets attack "a very significant achievement."

Persons: —, Russia's, Volodymyr Zelenskyy Organizations: Service, Security Service, Ukraine, Business, Arsenal GRAU, GRAU Arsenal, Defense Forces, Maxar Technologies, Technologies Locations: Toropets, Russia's, Tver, Moscow, Ukraine, Belarus, Tver Oblast, Russia, Ukrainian, Kyiv

☆ It's a tough time to be a manager in tech
▼ + stars: | 2024-09-18 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +1 min

It's not easy being a manager in the tech industry right now. Meta, Shopify, and other tech firms have also reduced management roles in a bid to boost efficiency. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Go to newsletter preferences Thanks for signing up! AdvertisementManagers may just have the toughest job in tech right now.

Persons: —, Andy Jassy Organizations: Meta, Service, Amazon, Business

☆ The more markets price in a jumbo rate cut, the more likely the Fed is to deliver, analyst says
▼ + stars: | 2024-09-18 | by ( Kelly Cloonan | ) www.businessinsider.com time to read: +1 min

Traders see heightened odds of a big initial rate cut from the Federal Reserve this week. As markets price in rising odds of a 50 basis point cut, the Fed may be more likely to deliver, BMO's Ian Lyngen says. He says markets pricing an 80% chance of a big rate cut could sway the Fed. AdvertisementInvestors have been pricing in rising odds of a 50 basis point interest rate cut from the Federal Reserve. And as the market increasingly positions for a jumbo cut, the Fed may be more likely to deliver, according to BMO's head of US rates strategy Ian Lyngen.

Persons: BMO's Ian Lyngen, —, Ian Lyngen, we'll, Lyngen Organizations: Federal Reserve, Service, Business

☆ I visited Waiheke Island, the 'Hamptons of New Zealand,' where Taylor Swift has vacationed and the ultra-rich reside. Take a look around.
▼ + stars: | 2024-09-18 | by ( Monica Humphries | ) www.businessinsider.com time to read: +1 min

Waiheke Island, off the coast of Auckland, New Zealand, is a vacation spot for the rich and famous. Go to newsletter preferences Thanks for signing up! AdvertisementWaiheke Island, off the coast of Auckland, New Zealand, is known to attract a wealthy crowd. In 2017, Vogue journalist Amy Louise Bailey coined Waiheke Island, the "Hamptons of New Zealand," and called it an "escape that is high-end but low-key." I was eager to see if Waiheke lived up to its Hamptons reputation, so on a trip to Auckland in 2022, I planned a two-night getaway to the island.

Persons: —, Amy Louise Bailey, Waiheke Organizations: Service, Vogue Locations: Waiheke, Auckland , New Zealand, New Zealand, Auckland

☆ YouTube's product chief explains its approach to AI as the tech becomes a bigger part of content creation
▼ + stars: | 2024-09-18 | by ( Dan Whateley | ) www.businessinsider.com time to read: +4 min

At Google's Made on YouTube event on Monday, the product roadmap was clear: AI, AI, and more AI. But as AI tools become even more integrated into YouTube, one has to wonder: Will AI content ultimately overtake human content on the app, and does YouTube worry about that? That said, the company isn't opposed to allowing AI content to proliferate across the platform, Voolich said. Some influencers such as MrBeast and Dude Perfect are testing out AI tools as a means to work more efficiently. "YouTube very much puts its partners first," Voolich said, describing a group that includes music artists, video creators, and other creatives.

Persons: D4vd, Joe Ando, Johanna Voolich, Voolich, It's, it's Organizations: Service, YouTube, Google, Business Locations: ideation

☆ YouTube's CEO on hefty creator payouts, election deniers, and the NBA: Q&A
▼ + stars: | 2024-09-18 | by ( Peter Kafka | ) www.businessinsider.com time to read: +11 min

Why do you think that's the case? Have you thought about how you're going to handle people saying that the election was fraudulent? Related storiesIt's not what gets talked a lot about, but that's actually what users experience. But there's going to be people who go, "What happened to so-and-so conspiracy theorist? I'd heard, and I think there's been some reporting out that you guys made an offer for that package.

Persons: We've, Neal Mohan, Mohan, —, Snapchat, they're, we've, They're, it's, Donald Trump, that's, Rudy Giuliani, what's, I've, I'd, there's Organizations: Service, YouTube, Google, CNN, New York Times, Fox News, ABC, Elon Musk, Twitter, NBA, Warriors Locations: India

☆ Hezbollah's deadly pagers were sourced from a Taiwanese company and contained explosive material planted by Israel: reports
▼ + stars: | 2024-09-18 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

Read previewThousands of Hezbollah-owned pagers that detonated in unison on Tuesday were made in Taiwan and had been tampered with by Israel, according to multiple reports. The New York Times reported that Hezbollah had purchased the pagers from Gold Apollo, a manufacturer in Taiwan. The same source told the outlet that Mossad, Israel's intelligence service, had planted a board inside the pagers that contained explosive material and could remotely receive a detonation code. " Related storiesHezbollah and Lebanon have both blamed Israel for the exploding pagers, though Tel Aviv has not claimed responsibility. The exploding pagers have led to heightened fears that Israel and Hezbollah may escalate their conflict into a wide-scale or direct war.

Persons: —, Hsu Ching, Kuang, Hsu, Gold Apollo, Israel, Pagers, Benjamin Netanyahu Organizations: Service, Business, New York Times, Hezbollah, Times, Reuters, The, Israeli Defense Ministry Locations: Taiwan, Israel, Iran, Lebanese, Lebanon, Tel Aviv, Gaza

☆ Hedge fund titan Steve Cohen is no longer trading stocks. Here's why it's an important milestone for the $4 trillion industry.
▼ + stars: | 2024-09-18 | by ( Bradley Saacks | ) www.businessinsider.com time to read: +5 min

The news from Bloomberg that billionaire Point72 founder and legendary stockpicker Steve Cohen will no longer trade his book for the $35 billion fund Tuesday is paradoxically both shocking and expected. Of the big multi-strategy managers, the fact Cohen was still managing a book set him apart from his main competitors. Will there be another Steve Cohen? Cohen launched SAC with $20 million in 1992; new funds today need exponentially more to justify leaving seats at funds like Point72. Fictional hedge fund manager Bobby Axelrod, played by Damian Lewis, was loosely based on Steve Cohen.

Persons: —, Steve Cohen, Cohen, they've, — Cohen, He's, Point72, Ken Griffin, Izzy Englander, Dmitry Balyasny, Steve, he's, it's, Bobby Axelrod, Damian Lewis, Vincent D'Onofrio, Guy Fieri Organizations: Service, SAC Capital, Bloomberg, Business, SAC, MLB, New York Mets, Citadel, Academy, Tiger Cubs, Viking, Wall Street, Showtime, GameStop, Food Locations: Connecticut

☆ Diddy's lawyers are headed back to court Wednesday to negotiate his release from jail on a $50 million bond
▼ + stars: | 2024-09-18 | by ( Jacob Shamsian | Laura Italiano | ) www.businessinsider.com time to read: +5 min

Read previewLawyers for Sean "Diddy" Combs are trying again Wednesday to keep him out of jail ahead of his criminal trial, asking another federal judge to accept a $50 million bond package. Tarnofsky's decision meant Combs would be in jail ahead of his criminal trial, which has not yet been scheduled. Related storiesAngifilio stressed at the Tuesday hearing and in court documents that Combs had taken extraordinary measures to cooperate with prosecutors for months. Carter, the district court judge, may now decide whether to reconsider the terms of Comb's release and set him free pending trial. Combs or prosecutors may also appeal Carter's decision to the US Second Circuit Court of Appeals, and from there to the US Supreme Court.

Persons: —, Sean, Diddy, Combs, Robyn Tarnofsky, Tarnofsky, Andrew Carter, Sam Bankman, Kelly, Ghislaine Maxwell, Michael Cohen, Marc Agnifilo, Cassie Ventura, Ventura, Agnifilo, Angifilio, Carter Organizations: Service, Business, of Prisons, Detention, Federal, Miami, Prosecutors, Metropolitan Detention, US, Circuit, Appeals Locations: Manhattan, Brooklyn's

☆ Award-winning footage shows a baby tardigrade riding one of its greatest predators in a rare microscopic Wild West scene
▼ + stars: | 2024-09-18 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +4 min

Also known as water bears or moss piglets, tardigrades are waddling eight-legged animals with a reputation for survival. See the video, below, for yourself:This Wild West scene is a bit bizarre, but not totally surprising to experts. "I believe this tardigrade simply encountered the nematode, and it was something it could grasp which is better than flailing around helplessly." He ended up with a nematode and a batch of tardigrade eggs, visible through his microscope. AdvertisementGeldhof got into microscope videography about two years ago, after he started watching several microscope video creators on YouTube.

Persons: —, tardigrade, Sandra McInnes, tardigrades, McInnes, Paul Bartels, Geldhof Organizations: Service, Business, of, Nikon's, British Antarctic Survey, Warren Wilson College, Amazon, YouTube Locations: Winthrop , Massachusetts

☆ 3 reasons why today's Fed rate cut is the beginning of a more aggressive cutting spree than investors expect: chief economist
▼ + stars: | 2024-09-18 | by ( William Edwards | ) www.businessinsider.com time to read: +4 min

Read previewThe Federal Reserve is expected to slash interest rates today for the first time since 2020 as the labor market and inflation continue to cool. AdvertisementAssuming a 25-basis-point cut at every FOMC meeting until next July, that would leave an extra 75 basis points the central bank would have to work into its policy adjustments over that time. One is that the consumer could be weaker than they appear, and the labor market is likely to deteriorate further. AdvertisementWhile the Fed hopes to stimulate spending with rate cuts, Tombs is skeptical that they'll the impact the central bank wants. Advertisement"New mortgage rates need to drop by about 250bp before they will undershoot the average outstanding mortgage rate," Tombs wrote.

Persons: —, Jerome Powell's, Samuel Tombs, Tombs Organizations: Service, Business, Macroeconomics Locations: Jackson Hole , Wyoming

☆ Russian disinformation peddlers are targeting Harris-Walz campaign with fake videos, Microsoft says
▼ + stars: | 2024-09-17 | by ( Kevin Collier | Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Brandy-Zadrozny-Circle-Byline-Template.Jpg | ) www.nbcnews.com time to read: +4 min

Russian disinformation peddlers are producing videos targeting the Harris-Walz campaign with false and disparaging claims, Microsoft said Tuesday. At least three Russian disinformation actors have been working to denigrate the Harris-Walz campaign, Microsoft said. Some of the disinformation comes in the form of two videos that have been disseminated since late August, Microsoft said. NBC News has viewed an upload of that video posted to X, which Microsoft confirmed is the alleged Russian disinformation. The report comes after the U.S. accused the Kremlin of running a multifaceted disinformation campaign to boost former President Donald Trump and disparage Harris.

Persons: Harris, Walz, Russia’s Ministry of Foreign Affairs didn’t, Darren Linvill, ” Linvill, Kamala Harris, Linvill, ”, Donald Trump, Joe Biden, Trump, Vladimir Putin Organizations: Microsoft, Justice Department, Russia’s Ministry of Foreign Affairs, NBC News, Media, Clemson, Democratic, Russia’s Internet Research Agency, Tenet Media, National Intelligence, Intelligence, Biden, Ukraine, FBI, The Justice Department, Trump Locations: San Francisco, Russia, Ukraine, Iran, U.S, China

☆ Instagram to automatically put teens into private accounts with increased restrictions and parental controls
▼ + stars: | 2024-09-17 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Angelayang.Jpg | Angela Yang | ) www.nbcnews.com time to read: +2 min

“One, it can be simpler and easier to use, and so that’s one of the goals of this launch,” she said. New users will be defaulted into teen accounts upon sign-up if they are under 18, but existing teen users may not see immediate changes. Many around the world won’t be placed into teen accounts until next year, according to a Meta fact sheet. The accounts will have the Hidden Words feature on, as well, meaning offensive words or phrases should be automatically filtered from any comments or direct messages they receive. Meta might also be able to trace teens who use different devices to create adult accounts if they, for example, register with their original teen accounts’ same email addresses or phone numbers.

Persons: ”, ’, Gleit, ” Gleit, Meta, we’re

☆ Ballerina Michaela Mabinty DePrince, 29, and her mom died within 24 hours of each other
▼ + stars: | 2024-09-17 | by ( Liz Calvario | ) www.nbcnews.com time to read: +3 min

Just one day after Boston Ballet principal soloist Michaela Mabinty DePrince died at the age of 29, her adoptive mother also passed away from an unrelated illness. Michaela DePrince’s death on Wednesday was announced on her Instagram later that week. In her post, Volinski first thanked people for their outpouring of support amid Michaela DePrince’s death before elaborating on Elaine DePrince’s passing. Michaela died before Elaine and Elaine did not know of Michaela’s passing at the time of her procedure,” the statement continues. Michaela DePrince’s death was announced on Friday in an Instagram post.

Persons: Michaela Mabinty DePrince, Elaine DePrince, Jess Volinski, Michaela DePrince’s, “, ” Volinski, Volinski, Elaine DePrince’s, Elaine, Michaela, God, Michaela DePrince, Mabinty Bangura, ” Elaine, ” Elaine DePrince, ”, ‘, Mia Organizations: Boston Ballet, Wednesday, Facebook, NBC News, Dance Theatre of, Dutch National Ballet Locations: Sierra Leone, Africa, New York City

Social media giant Meta announced Monday that it is banning Russian media outlet RT, days after the Biden administration accused RT of acting as an arm of Moscow’s spy agencies. “After careful consideration, we expanded our ongoing enforcement against Russian state media outlets. U.S. officials then accused RT of carrying out covert information warfare operations around the world on behalf of Russia's spy agencies. The Biden administration is imposing sanctions on a state-funded broadcaster that oversees RT, TV-Novosti; another state media company, Rossiya Segodnya; and its director, Dmitry Kiselyov, officials said. Meta started limiting Russian state-controlled media two years ago.

Persons: Biden, ”, James Rubin, Rossiya, Dmitry Kiselyov, cybercrimes, Meta Organizations: Meta, State Department, State, Global, Novosti, U.S . Justice Department, Democratic National Committee, Facebook Locations: Ukraine, Africa, Germany, Berlin, France, Paris, U.S, Russia

☆ Bitcoin is surging on hopes rate cuts will drive a speculative rush
▼ + stars: | 2024-09-17 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

The rise comes amid anticipation that the Fed will deliver a half-point rate cut. Investors are anticipating the Federal Reserve's long-awaited rate cut tomorrow, which will be announced at the end of the central bank's two-day policy meeting. Regardless of the size of the cut, investors buying up bitcoin are anticipating the looser lending conditions will lead to more speculative behavior. We could be seeing a recovery of investors' appetite for risk-on assets like crypto, instigating more flows into Bitcoin spot ETFs," said Leena ElDeeb, a research analyst at 21Shares. Seasonal factors weakened the spot bitcoin ETF inflows this summer while deteriorating macro conditions drove investors toward safe, risk-off assets.

Persons: —, Morgan Stanley, Tuesday's, Leena ElDeeb, Alex Kuptsikevich, Bill Dudley Organizations: Service, New York

☆ The biggest threat to the US dollar is America's exorbitant debt load, JPMorgan says
▼ + stars: | 2024-09-17 | by ( Filip De Mott | ) www.businessinsider.com time to read: +4 min

One of the main takeaways was that the biggest threats to dollar dominance are swelling US debt levels and fiscal deficits, which officials in Washington could step up to tackle. "The biggest challenge to US dollar dominance is the US itself given the mounting public debt levels and elevated fiscal deficits," JPMorgan said, in a note summarizing the webinar. For instance, many alarmists have focused on the dollar's share in foreign reserve holdings, often pointing out that the foreign central banks have piled into gold as an alternative. But this fixation omits the fact that bank deposits, sovereign wealth fund assets, and other dollar instruments have been on the rise among reserve holdings, JPMorgan said. "In China's case, it has had an explicit target to bring down dollar holdings in FX reserve but has shifted USD holdings to state-owned entities.

Persons: —, Peter G, Mark Sobel —, Trump, Sobel Organizations: JPMorgan, Service, US, Peterson Foundation, Treasury, Monetary, Financial, greenback Locations: Washington, China

Michael Jordan's mansion may have finally found a buyer after about 12 years on and off the market. Jordan listed the property for $29 million in 2012. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementMichael Jordan's mansion in the suburbs of Chicago has sat abandoned for years.

Persons: Michael Jordan's, Jordan, — Organizations: Service, Business Locations: Jordan, Chicago

☆ The last 2 messages the Titan submersible's passengers sent before the vessel imploded
▼ + stars: | 2024-09-17 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +3 min

Shortly before the message, the Polar Prince sent the submersible several messages over the course of 12 minutes, asking if it could see the support vessel on its display, but the Titan did not respond. AdvertisementWhen it finally responded about four minutes later, the Polar Prince sent the message, "I need better comms from you," to which Titan responded, "Yes." The last message that the Titan sent to the Polar Prince was "dropped 2 wts," per the animation. The animation showed that the Titan lost contact with the Polar Prince at 10:47 a.m. Related storiesThe hearing takes place more than a year after the Titan submersible set off to explore the wreckage of the RMS Titanic, nearly 13,000 feet underwater.

Persons: —, Polar Prince, Tony Nissen, Bonnie Carl, David Lochridge, OceanGate, Hamish Harding, Shahzada Dawood, Suleman, Paul, Henri Nargeolet Organizations: Service, Titan, Coast Guard Marine Board of, Coast Guard, Business, Polar, CNN, Stockton Rush Locations: Newfoundland, North Charleston , South Carolina, British

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