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☆ New Yorkers planted a tiny forest in a spot where the city used to warehouse prisoners and smallpox patients
▼ + stars: | 2024-04-14 | by ( Eliza Relman | ) www.businessinsider.com time to read: +7 min

New York City got its first tiny forest, planted on Roosevelt Island on April 6. AdvertisementVolunteers and supporters gather in Southpoint Park on Roosevelt Island for a ceremony before planting a pocket forest on April 6, 2024. AdvertisementSharon Bean volunteered at the pocket forest planting in honor of her sister, Kat Livingston, an avid gardener who died of cancer in January. SUGi has created pocket forests in 42 cities on six continents since 2019 — the Roosevelt Island forest is the group's 200th. AdvertisementThe tiny forest, also known as the Manhattan Healing Forest, sits at the southern end of Roosevelt Island.

Persons: Akira Miyawaki that's, Elise Van Middelem, Eliza Relman, Curtis Zunigh, Jerry Nadler, Franklin D, Roosevelt, Sharon Bean, Kat Livingston, Judith Berdy, she's, Berdy, Christina Delfico's, Delfico, Van Middelem, We've, SUGi, Bean, Tayana Panova, Panova, Olivia MacDonald Organizations: Service, York, Volunteers, New, Lunatic Asylum, Lenape Center, Manhattan Healing, Navajo Nation, New York Times Locations: York City, Roosevelt, Japanese, New York, Park, Dutch, British, Welfare, Manhattan, New York State, London, Syracuse , New York, New Mexico

☆ Activists helped shut down an oil refinery after a series of explosions. The consequences weren’t what they expected
▼ + stars: | 2024-04-14 | by ( Rachel Ramirez | ) edition.cnn.com time to read: +17 min

Philadelphia CNN —Bilal Motley, utilities manager at a former Philadelphia oil refinery, was working the graveyard shift when a massive explosion broke out in the early morning hours of June 21, 2019. “This oil refinery was talked about and passed down through generations,” Sanders said. Rachael WarrinerPES is no longer functioning as a refining company, but Sunoco, whose subsidiary Evergreen owned the former PES site, did not respond to requests for comment. The PES refinery complex was the largest source of particulate air pollution in Philadelphia. Hilco Redevelopment PartnersBut UPenn’s Neises said given the scale and history of the property, Hilco will need to take its time to redevelop the area of redevelopment.

Persons: Philadelphia CNN — Bilal Motley, I’m, ” Motley, ’, ”, Motley, trekked, Hilco, Ellen Neises, they’ll, Sonya Sanders, Sanders, ” Sanders, “, Rachael Warriner, Rachel Ramirez, Phil Rinaldi, Matt Rourke, Mike Smith, ” Roberto Perez, Amelia Chasse Alcivar, UPenn’s Neises, Neises, she’s, you’re, Philly Thrive’s Sanders, there’s Organizations: Philadelphia CNN, Philadelphia Energy Solutions, US Chemical Safety, Hazard Investigation, Hilco, Partners, CNN, University of Pennsylvania’s Weitzman, of Design, longtime, Evergreen, PES, Environmental Protection Agency, Drexel University, University of Pennsylvania’s School of Medicine, Philadelphia International Airport, City of, City of Philadelphia Refinery Advisory, Hilco Redevelopment Partners, Industrial Realty, ., Philadelphia Energy Solutions Refining, United Steelworkers Union, Oil Bargaining, EPA, “ Locations: Philadelphia, East, Schuylkill, New York City, Chicago, longtime South Philadelphia, South Philadelphia, Grays Ferry, Breeze, City of Philadelphia, New York, Delaware, Pennsylvania, Bellwether District, ”, Bellwether

☆ Top Wall Street analysts like these 3 stocks for their growth prospects
▼ + stars: | 2024-04-14 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +5 min

Top Wall Street analysts are calling out their favorite stocks with a focus on their long-term growth prospects. To that end, here are three stocks favored by the Street's top pros, according to TipRanks, a platform that ranks analysts based on their past performance. Ahead of the company's quarterly results, several analysts have been reaffirming their bullish views on the stock. The top line gained from increased sales volumes of golf balls, clubs and golf gear under the company's Titleist brand. Tigress Financial analyst Ivan Feinseth reaffirmed a buy rating on GOLF stock and increased the price target to $74 from $68.

Persons: James Lee, AMZN, Lee, TipRanks, Ivan Feinseth, Feinseth, Acushnet, Goldman Sachs, Kate McShane, McShane, BJ Organizations: Wall, Amazon Web Services, Amazon, Holdings, Acushnet Holdings, Tigress, Acushnet, BJ's, Wholesale

☆ Why Scotland’s ‘ghost’ whisky distilleries are coming back to life
▼ + stars: | 2024-04-13 | by ( Angus Mackinnon | ) edition.cnn.com time to read: +10 min

Courtesy Port Ellen DistilleryAcross the courtyard, the new still room resembles a vast industrial greenhouse with four shiny new copper stills as its exotic plants. “It is important that we recreate that classic Port Ellen character that people love, but we also want to be doing things we’ve not done before,” says McDonald. Courtesy Port Ellen DistilleryA glimpse into that past comes in the musky surroundings of warehouse number two with a dram drawn straight from a cask filled in 1979. Port Ellen is hoping to attract upscale whisky fans to sample a by-appointment-only Atlas of Smoke Experience. “At the moment, Port Ellen is expensive because it is so old and so rare.

Persons: Carol Ann Duffy’s, ” “, Ellen, ”, attar, Port Ellen, Roy Duff, Dramface.com, Ardbeg, Hijiri, Alexander McDonald, McDonald, Port, Port Ellen Gemini, Ellens, There’s, Dramface’s Duff, ” Emily Burnham, “ Organizations: Scotland CNN, Port, Ellen, Diageo, North America —, Smoke Locations: Islay, Scotland, Isle of Islay, Wuyi, Port, Scottish, —, Highland, Brora, Falkirk, Scotland’s, Hong Kong, Kilnaughton Bay, Antrim, Northern Ireland, Mull, Kintyre, North, America, United States

☆ Middle East Crisis U.S. Personnel in Israel Face New Travel Restrictions
▼ + stars: | 2024-04-12 | by ( Liam Stack | ) www.nytimes.com time to read: +6 min

The crisis in Gaza is entirely human-made, a result of Israel’s war on Hamas and a near-complete siege of the territory, aid experts say. For years before the latest war, Gaza was subject to an Israeli blockade, backed by Egypt. Image A child being treated for malnutrition at Kamal Adwan Hospital in northern Gaza last week. Critics of the way Israel is conducting the war say that the hunger crisis derives largely from Israeli restrictions on where trucks can enter and from an onerous inspection process. (UNRWA said last month that Israel had denied the group access to northern Gaza, though Israel has rebutted that claim.)

Persons: ”, Jens Laerke, Kamal Adwan, Mahmoud Issa, José Andrés, Arif Husain, Gazans, Israel, Biden, ” Adam Sella Organizations: Hamas, United Nations, Kamal, Reuters, Food Locations: Israel, Gaza, United Nations, Sudan, Somalia, Egypt, Gaza’s, South Sudan, Israeli, United

☆ Why Are Gold Bar Sales Surging at Costco?
▼ + stars: | 2024-04-11 | by ( Rebecca Carballo | ) www.nytimes.com time to read: 1 min

Alongside its $1.50 hot dog and soda combo, gallon tubs of mayonnaise and value packs of socks, Costco, the warehouse retailer, has been selling gold bars since October. Now, retail analysts say Costco is selling up to $200 million worth of gold and silver each month, according to an analysis from Wells Fargo. Online forums and Reddit threads have cropped up where customers give each other advice on how to purchase the bars before they sell out. “I’ve gotten a couple of calls that people have seen online that we’ve been selling one-ounce gold bars, yes, but when we load them on the site, they’re typically gone within a few hours,” Richard Galanti, executive vice president and chief financial officer, said in an earnings call in September.

Persons: “ I’ve, ” Richard Galanti Organizations: Costco Locations: Wells Fargo

☆ Dollar stores are shutting down across America. They did this to themselves
▼ + stars: | 2024-04-11 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +7 min

Dollar Tree believed acquiring Family Dollar would help it compete against larger rivals. “When Dollar Tree bought Family Dollar, they didn’t really know what they were doing,” D’Arezzo said. Many Family Dollar stores were located too close to each other and cannibalized each other’s own sales, too, D’Arezzo said. Family Dollar “needs more work than the company originally thought.”A year later, an activist investor pushed for a sale of the “underperforming” Family Dollar business, and Family Dollar announced it would close 390 stores. Dollar Tree and Family Dollar executives say Family Dollar can still succeed, however.

Persons: Dollar, Ron Holman, ” Neil Saunders, GlobalData, “, ”, David D’Arezzo, Rick Dreiling, Kelly Bania, Carl Icahn, Nelson Peltz —, ” D’Arezzo, D’Arezzo, Dreiling Organizations: New, New York CNN, Visalia Times, USA, Dollar, BMO Capital Markets, “, Street, Justice Department, Bloomberg, Walmart, Costco Locations: New York, West Coast and Texas, West Memphis, ”, California , Nevada , Arizona, Texas, California

☆ Middle East Crisis Famine Has Begun in Northern Gaza, U.S. Official Says
▼ + stars: | 2024-04-11 | by ( Liam Stack | ) www.nytimes.com time to read: +5 min

Facing international condemnation after an Israeli airstrike killed seven workers for an international aid group, Israel said last week that it would reopen the Erez crossing between Israel and northern Gaza for aid delivery. A spokeswoman for the defense minister, Yoav Gallant, said on Wednesday that another crossing into northern Gaza, near Zikim, a kibbutz, would open instead, and not the one near Erez. ISRAEL Erez crossing GAZA Damage Road to Gaza City Erez crossing Gaza City Damage Damage GAZA STRIP Rubble from destroyed building ISRAEL Erez crossing GAZA Damage Road to Gaza City Damage Damage Erez crossing Rubble from destroyed building GAZA STRIPMr. Gallant told reporters that the government had approved a new border crossing and the use of the port of Ashdod, around 20 miles northeast of Gaza, for aid shipments, but he did not offer a time frame for either. U.N. figures show that an average of about 110 aid trucks have entered each day since Oct. 7. Credit... Mahmoud Essa/Associated PressBy contrast, U.N. data shows that a total of 533 aid trucks entered Gaza in the three days after Saturday.

Persons: Israel, Erez, Yoav Gallant, ISRAEL Erez, Gallant, Mahmoud Essa, Jens Laerke, Trucks, Laerke, COGAT, ”, Kerem Shalom, Aaron Boxerman Organizations: United Nations, Oxfam, Aid, Associated, U.S, UNRWA Locations: Gaza, Israel, Zikim, Erez, GAZA, ISRAEL, Ashdod, ”, Gaza . Credit, Kerem

☆ Amazon and Walmart warehouse employees are so surveilled that they're worried about breaking to use bathroom: Oxfam report
▼ + stars: | 2024-04-10 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +11 min

Data from two recent surveys, funded in part by Oxfam — the National Survey of Amazon Warehouse Workers and the National Survey of Walmart Warehouse Workers — is included in the report. The results show that a substantial amount of Amazon and Walmart warehouse employees surveyed reported being closely watched by technology while in the workplace. Advertisement"The conditions there are absolutely horrific," one Amazon warehouse worker in Alabama was quoted as saying in the report. The Oxfam report says that at Amazon, warehouse workers "are assigned handheld devices or scanners that record, count, and measure every item they move during their day." One Walmart worker quoted in the Oxfam report alleged that the company's warehouse robots "are treated better than human beings."

Persons: —, Soren Larson, Maureen Lynch Vogel, Vogel, Petion, Suzanne Kreiter, Irit Tamir, they're, Tamir, Abby Maxman Organizations: Oxfam, Amazon, Walmart, Service, Securities, Exchange Commission, Oxfam —, National Survey, Amazon Warehouse Workers, National Survey of Walmart Warehouse Workers, Reuters Amazon, BI, Employees, Boston Globe, Getty, Oxfam America Locations: United States, Amazon, Alabama

☆ Costco selling as much as $200 million in gold bars monthly, Wells Fargo estimates
▼ + stars: | 2024-04-09 | by ( Jeff Cox | ) www.cnbc.com time to read: +1 min

Gold has turned into money for Costco , where yellow metal sales begun last year have turned into a cash cow for the big-box retailer. In fact, sales are so brisk that analysts at Wells Fargo expect revenue "may now be running at" $100 million to $200 million a month, a rapid acceleration since bullion hit the warehouse club late in the summer of 2023. "The accelerating frequency of Reddit posts, quick on-line sell-outs of product, and COST's robust monthly eComm sales suggests a sharp uptick in momentum since the launch." Costco is selling 1-ounce bars made of nearly pure 24-karat gold. The government is on pace for a $2 trillion deficit this year, adding to a total debt load that has surpassed $34.6 trillion.

Persons: Gold, Edward Kelly Organizations: Costco Locations: Wells

Nestled against the Rocky Mountains, Boulder, Colorado, has blossomed into a thriving hub for the natural products and wellness industry. The tea company was later acquired by Hain Food Group — now Hain Celestial Group — in 2000 for $390 million. Hain Celestial Group CEO Wendy Davidson (left) and CNBC's Andrea Day (right) trekking along the historic footrails where the founders of Celestial Seasonings gathered wild herbs in 1969. Turning peanut butter into goldThe Boulder County Farmers Market, a vibrant incubator since 1987, exemplifies the region's thriving ecosystem. A sign from the Boulder Farmers Market, operating from April to November, serving as an incubator for numerous small food businesses.

Persons: Wendy Davidson, CNBC's Andrea Day, Davidson, It's, Justin Gold, butters, —, Gold, Daniel Acker, Juan Stewart, Stewart, Kristine Carey, Kristy Lewis, Quinn Snacks Organizations: U.S . News, Rockies, Hain Food, Group, CNBC, Leeds School of Business, University of Colorado, Farmers, Boulder Farmers, Foods, Hormel Foods, Bloomberg, Getty, Boulder County Farmers, Kroger, Companies Locations: U.S, CNBC's, Rocky, Boulder , Colorado, Boulder, University of Colorado Boulder, Tiskilwa , Illinois, Boulder County

“I sit here today to express my deepest sorrows for the families of Hana, Tate, Madisyn, Justin and to all those affected on November 30, 2021,” Jennifer Crumbley said. The parents failed to properly secure the firearm, as James Crumbley hid it in their bedroom but did not use any locking device, the prosecution argued. By contrast, James Crumbley did not testify in his trial, and his attorney argued he simply didn’t know about his son’s plans or mental issues. Still, Jennifer Crumbley was convicted of four counts of involuntary manslaughter in early February, and James Crumbley was convicted of the same counts in March. My actions were that of any other parent,” James Crumbley wrote.

Persons: James, Jennifer Crumbley, Cheryl Matthews, “, ” Matthews, James Crumbley, Jennifer Crumbley “, Tate, Madisyn, Justin, ” Jennifer Crumbley, ” “, Ethan, Nicole Beausoleil, Madisyn Baldwin, ” Beausoleil, Ethan don’t, ’, ‘, Justin Shilling’s, Craig, Craig Shilling, Justin Shilling, Bill Pugliano, ”, Justin’s, Jill Soave, ” Reina St, Juliana, Hana, Karen McDonald, ” McDonald, McDonald, Crumbley, remorseful, James Crumbley’s, Ethan Crumbley, Sig, St, Tate Myre, Jennifer, “ I’ve, ” James Crumbley, Celina Tebor, Nicki Brown, Antoinette Radford, Maureen Chowdhury Organizations: CNN, Oakland, Opportunity, Prosecutors, Oxford High School Locations: Oxford , Michigan, Detroit, Oakland, Hana, Oakland County

☆ Here are Monday's biggest analyst calls: Nvidia, Tesla, Amazon, Take-Two, BJ's, Dell, Disney, Broadcom, Apple & more
▼ + stars: | 2024-04-08 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

"We are reinstating coverage of AVGO with a buy rating and a new price target of $1,500." "We are upgrading Take-Two from Neutral to Buy and raising our target price from $170 to $200." KeyBanc reiterates Nvidia as overweight Key raised its price target on the stock to $1,200 per share from $1,100. Oppenheimer reiterates Alphabet as outperform Oppenheimer raised its price target on the stock to $185 per share from $172. "We resume coverage after a period of Rating Suspended with a Buy/High Risk (1H) rating and target price of $11."

Persons: Morgan Stanley, Jefferies, Piper Sandler, Piper, selloff, Goldman Sachs, Goldman, Bernstein, Tesla, underperform Bernstein, Wolfe, Eaton, underperform, ETN, Needham, it's, KeyBanc, Oppenheimer, Chipotle, Stefan Larsson, Zac Coughlin, Investor Relations Sheryl Freeman, Evercore, Cantor Fitzgerald, Cantor, Nvidia, Huntington, BTIG, Truist, Melius, Dell Organizations: Norfolk Southern, CP, NSC, JPMorgan, GE, Deutsche Bank reinstates Broadcom, Deutsche, Tesla, Citi, Netflix, AMD, ARM, Meta, Google, NASDAQ, Investor Relations, Disney, Susquehanna, Nvidia, Bank of America, of America, U.S, TAM, Dell, Apple Locations: FSLY, F1Q

☆ Stocks making the biggest moves premarket: Tesla, Take-Two Interactive, BJ's Wholesale, Boeing and more
▼ + stars: | 2024-04-08 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

Check out the companies making headlines in premarket trading. BJ's Wholesale — Shares of the warehouse club added 2.4% following an upgrade by Goldman Sachs to buy from neutral. Boeing — Shares were roughly 1% lower in premarket trading. Take-Two Interactive — Stock in the video game holding company advanced more than 2% following an upgrade to buy from Citi. Fastly — Stock in the cloud computing company gained nearly 4% following an upgrade to overweight from Piper Sandler.

Persons: Elon Musk, Ulta, Anthony Chukumba, Goldman Sachs, Biden, Piper Sandler, James E, Fish, CNBC's Michelle Fox Organizations: Loop, Boeing —, Federal Aviation Administration, Southwest Airlines, Denver Airport, Taiwan Semiconductor Manufacturing, Arizona, Citi, UiPath Inc, —, KeyBanc

☆ Is it last orders for London’s nightlife?
▼ + stars: | 2024-04-06 | by ( Anna Cooban | ) edition.cnn.com time to read: +9 min

London CNN —It’s Thursday, 11.00 p.m., and on a street in London’s Soho district, there’s a loud clatter. “People haven’t got the money,” she told CNN. “That’s when their bills started coming through, the first heating bills from the winter,” he told CNN. Even before the ravages of the pandemic, the number of London’s nightlife venues was in steady decline. They don’t just go out for the sake of going out now,” she told CNN.

Persons: London CNN —, Lesley Lewis, haven’t, ”, Michael Kill, Grazyna, ” Kill, “, —, that’s, Kill’s, Jeremy Joseph, Freddie Mercury, ” Joseph, Jack Henry, Henry, Lutz Leichsenring, Fabian Sommer, Leichsenring, London’s, Sadiq Khan, Amy Lamé, Lamé, Khan, Lamé “, Charlie Fenemer, It’s, Becky Lam, Lam, ” Chris Lau Organizations: London CNN, Staff, CNN, Time Industries Association, York Minister, London, “, ”, German Commission, UNESCO, United Nations, Office, National Statistics, City Hall, Labour, Shady Locations: London’s Soho, London, Wales, Soho , London, Hoxton, London’s, Berlin, “ Berlin, Hong Kong, Soho, Hong, Beijing

☆ UAW reaches milestone in filing for a union vote at second nonunion auto plant
▼ + stars: | 2024-04-05 | by ( Chris Isidore | ) edition.cnn.com time to read: +4 min

But while that VW plant has had two votes before this, the Mercedes plant has never reached the threshold of union support that resulted in an election being held. An election at the Mercedes plant has yet to be confirmed by the National Labor Relations Board, which oversees such votes, let alone scheduled. While the UAW has filed for a vote at Mercedes’ Alabama plant, it has yet to file for a vote at its plant in Charleston, South Carolina. A high-profile union organizing vote at an Amazon warehouse in nearby Bessemer, Alabama was defeated in a close vote in 2021. And management of the non-union automakers is likely to fight union organizing efforts.

Persons: Mercedes, ” Organizations: New, New York CNN, United Auto Workers, UAW, Volkswagen, VW, National Labor Relations Board, Benz, International, General Motors, Ford, Mercedes, BMW, Honda, Hyundai, Mazda, Nissan, Subaru, Toyota, Volvo, GM Locations: New York, Alabama, Chattanooga , Tennessee, VW Chattanooga, Vance , Alabama, Tuscaloosa, Mexico, Edmunds, Tennessee, Mercedes ’ Alabama, Charleston , South Carolina, Bessemer , Alabama

☆ Israel’s military says it made ‘grave’ mistakes in killing seven aid workers in Gaza. Here’s what we know
▼ + stars: | 2024-04-05 | by ( Christian Edwards | ) edition.cnn.com time to read: +7 min

CNN —Israel’s military said its troops made a series of “grave” mistakes and violated protocol in their strikes that killed seven aid workers in Gaza this week. The IDF is considering distributing thermal stickers for aid vehicles to prevent this happening again in the future, he added. After the first vehicle was struck, some of the surviving aid workers fled to the other vehicles in the convoy – which were also struck, the spokesperson said. People gather around one of the WCK vehicles struck by the IDF, April 2, 2024. The killing of the seven aid workers sparked condemnation from some of Israel’s most prominent supporters and may mark a turning point in how Israel perpetrates its war in Gaza.

Persons: CNN —, WCK, Israel’s, “, Jose Andres, Daniel Hagari, ” Andres, Israel, ”, ” WCK, Israel perpetrates, Joe Biden, Benjamin Netanyahu, ’, Biden, Alicia Kearns, Kearns, Itamar Ben Gvir Organizations: CNN, Israel Defense Forces, IDF, Canadian, Staff, 162nd Division, Southern Command, Getty, West Bank, United Nations, Israeli, Conservative, BBC, National Locations: Gaza, Israel, Gazan, Deir, Palestinian, Australian, AFP, ”

☆ Israeli military fires two senior officers as report finds strike on aid workers was in ‘violation of commands’
▼ + stars: | 2024-04-05 | by ( Rob Picheta | ) edition.cnn.com time to read: +2 min

CNN —The Israeli military believed they were targeting Hamas operatives when they attacked and killed seven food aid workers in Gaza on Monday, according to an internal inquest that led to the dismissal of two senior officers. Later, as three WCK vehicles left the warehouse, a commander “mistakenly assumed that the gunmen were located inside the accompanying vehicles and that these were Hamas terrorists,” the report said. The report said the strike was carried out in “serious violation of the commands and IDF Standard Operating Procedures.” In addition to the two dismissed officers, other IDF officials were formally reprimanded. “The IDF cannot credibly investigate its own failure in Gaza,” WCK said Friday in response to the preliminary findings. “Without systemic change, there will be more military failures, more apologies and more grieving families.

Persons: “, ”, WCK, ” WCK Organizations: CNN, Israel Defense Forces, Canadian, IDF Locations: Gaza, Palestinian, Australian, Israel

And when Russia invades Ukraine, he immediately decided it was time for World Central Kitchen to step into a war zone. michael barbaroAfter the break, my colleague Adam Rasgon on what happened to the World Central Kitchen workers in that caravan. So Adam, what ends up happening to this convoy that our colleague Kim Severson just described from World Central Kitchen? adam rasgonSo what we know is that members of the World Central Kitchen had been at a warehouse in Deir al-Balah in the Central Gaza Strip. michael barbaroAnd so what is the reaction from not just World Central Kitchen, but from the rest of the world to this airstrike?

Persons: michael barbaro, ” I’m Michael Barbaro, Kim Severson, Adam Rasgon, Kim, kim, José Andrés, you’re, kim severson, tapas, He’s, severson, he’s, kim severson He’s, Hurricane Sandy, Hurricane Harvey, Maria, Hurricane Maria, José, he’d, Goya, couldn’t, Nobody, there’s, they’ve, — michael barbaro, Chef Olivier, We’re, we’ve, Michael Jordan, Adam, adam rasgon, Al Rashid, Israel, adam rasgon There’s, adam rasgon President Biden, —, David Cameron —, david cameron, adam rasgon —, benjamin netanyahu, adam rasgon — Benjamin Netanyahu, Herzi Halevi, WCK, rasgon, that’s, michael barbaro Adam, it’s Organizations: The New York Times, Hurricane, Army, Federal Emergency Management Agency, FEMA, National Guard, Kitchen, Central, Central Kitchen, Gaza, UN, Red Crescent, White, British, IDF, Jerusalem Bureau Locations: Gaza, Haiti, Spanish, America, Washington ,, New York, DC, Miami, Hurricane, Houston, Puerto Rico, José, Russia, Ukraine, Poland, Lviv, Israel, North Gaza, Great Britain, Asia, Central America, Deir al, Rafah, Palestine, Jerusalem, Cyprus

☆ Gaza aid efforts dealt major blow as Israel’s deadly attack on relief workers prompts withdrawal of agencies
▼ + stars: | 2024-04-04 | by ( Nadeen Ebrahim | ) edition.cnn.com time to read: +9 min

WCK and Anera, another aid group, have said they will pause operations in Gaza following the incident. Israel maintains there is no limit on the amount of food or humanitarian aid that can enter Gaza, but aid agencies accuse it of deliberately restricting deliveries. Shortly afterwards, American Near East Refugee Aid (Anera), an NGO that delivers aid to the West Bank, the Gaza Strip, Lebanon and Jordan, also suspended its Gaza operations. Along with Turkey, the UAE is the biggest donor of aid to Gaza, according to COGAT, providing 25% of all aid from foreign nations. The fate of the extra aid WCK had planned for Gaza is also uncertain.

Persons: “, ” WCK, Jose Andres, Israel, Benjamin Netanyahu, ”, Juliette Touma, Ismael Abu Dayyah, WCK, Touma, Ghassan, ” Abu, Sittah, CNN’s Eleni Giokos, Anera, Barak Ravid, Nikos Christodoulides, Jamie McGoldrick Organizations: CNN, United Arab Emirates, Integrated, UN’s, Works Agency for Palestine Refugees, Israel, UN, WCK, Reuters, Wednesday, UNRWA, Israel’s, CARE, ICRC, United Nations, Israel Defense Forces, East Refugee, West Bank, Touma, UN agency’s Locations: Gaza, Cyprus, Israel, UAE, ”, East, Gaza’s, Deir al Balah, Cypriot, Larnaca, Territories, Egypt, Jordan, British, Palestinian, Gazan, Deir, American, Lebanon, Axois, Turkey, The Gulf, UNRWA, Palestinian Territory

☆ Israeli attack that killed WCK aid workers consistent with multiple precision strikes, analysis shows
▼ + stars: | 2024-04-03 | by ( Gianluca Mezzofiore | Allegra Goodwin | ) edition.cnn.com time to read: +5 min

CNN —A deadly Israeli attack that killed seven aid workers from the non-profit World Central Kitchen (WCK) in Gaza on Monday appears to have consisted of multiple precision strikes, a CNN analysis of aftermath videos and images found. The first vehicle, which appeared to have suffered extensive fire damage, was geolocated on Al Rashid street just outside Deir al Balah. The first vehicle, which appeared to have suffered extensive fire damage, was geolocated on Al Rashid street just outside Deir al Balah. Explosive weapons expert Chris Cobb-Smith told CNN on Tuesday that the strikes appeared to have been carried out by an Israeli drone. CNN geolocated the third car, seen with its roof blown apart, to an open field 1.6 km from the second car.

Persons: WCK, Al, Deir al Balah, Al Rashid, Benjamin Netanyahu, Israel, “, Herzi Halevi, ” Halevi, Chris Cobb, Smith, Cobb, Patrick Senft, Senft Organizations: CNN, United Nations Office, Humanitarian Affairs, Getty, British, Israeli UAV, Armament Research Services, ” CNN, Israeli, Haaretz Locations: Gaza, Deir al, Al Rashid, Al, Deir al Balah, AFP, United States, Israeli

☆ Food Aid for Gazans Was Sent Back to Cyprus
▼ + stars: | 2024-04-03 | by ( Matthew Cullen | ) www.nytimes.com time to read: +1 min

World Central Kitchen, the charity group that paused its operations in Gaza this week after seven of its workers were killed in an Israeli strike, sent three ships with hundreds of tons of food meant for Gazans back to port in Cyprus. At least one other aid group also announced it was suspending its operations in the enclave, and the U.N.’s World Food Program stopped its overnight work while it evaluated security. The halting of the maritime aid organized by World Central Kitchen will probably be felt most in northern Gaza, where food shortages are most dire. The ships were intended to supplement the roughly 117 aid trucks that enter Gaza each day — a tally that is less than half what the U.N. estimates is needed to meet basic food needs. Here is an account of the strike and its aftermath.

Organizations: Food Program, Central Locations: Gaza, Cyprus, Israel

☆ Why this market has left behind direct-to-consumer companies like Warby Parker, AllBirds and Rent the Runway
▼ + stars: | 2024-04-03 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +7 min

Direct-to-consumer brands – household names like HelloFresh, Peloton, Allbirds, Stitch Fix, Warby Parker and Rent the Runway, which cut out traditional retailers, wholesalers and other middlemen – have been falling. Investors shied away from high-growth stocks and retreated into companies with solid fundamentals and, most importantly, lots of profit. The problem is that none of these direct-to-consumer (DTC) companies have managed to make the transition to profitability themselves. Rent the Runway was down $114 million, and mattress company Purple lost about $121 million. Other companies, like SmileDirectClub, which went public in 2019, and Winc, a wine subscription company that went public in 2021, have declared bankruptcy.

Persons: Allbirds, Warby Parker, don’t, they’ll, ”, Ben Cogan, they’ve, Cogan, Casper, “, it’s, Sesame, Michael Botta, Tesla, Chris Isidore, Elon Organizations: New, New York CNN, Agora, CNN, Hubble, Venture, “, Companies, Wonder Group, Durational Capital Management, Costco, Western, Tesla Locations: New York

☆ Middle East Crisis Israeli Military Takes Responsibility for Strike That Killed 7 Aid Workers
▼ + stars: | 2024-04-03 | by ( Ben Shpigel | Cassandra Vinograd | ) www.nytimes.com time to read: +8 min

A car used by World Central Kitchen that was hit by a strike in Deir al Balah in the central Gaza Strip. The Israeli military had been informed of the aid workers’ movements, the charity said. The World Central Kitchen logo could be seen on items inside the charred interiors of the northernmost and southernmost cars. Mr. Abutaha and other World Central Kitchen workers were thrilled to have the opportunity to unload the desperately needed food aid. The World Central Kitchen aid ship is headed back to Cyprus.

Persons: Deir al Balah, José Andrés, Benjamin Netanyahu, Israel, ”, Erin Gore, Anthony Albanese, Zomi, Penny Wong, Damian Sobol, Wojciech Bakun, Zomi Frankcom, Associated Press David Cameron, John Chapman, James Henderson, James Kirby, Chapman, Henderson, Jacob Flickinger, Saif Abutaha, Abutaha, Shadi, “, Cameron, Israel “, Jamie McGoldrick, Haitham Imad, Mr, Netanyahu, ” Mr, Herzi Halevi, Daniel Hagari, Jennifer, Theodoros Gotsis, Gotsis, Patrick Kingsley, Rawan Sheikh Ahmad, Gabby Sobelman, Matina, Lauren Leatherby, Nader Ibrahim, Kim Severson Organizations: Central Kitchen, The New York Times, ”, ., Free Place Foundation, Associated Press, BBC, James Kirby . Local, Royal Marines, Palestine Red Crescent Society, Central, West Bank, Najjar, United Nations, Agence France, Cypriot Locations: Deir al, Gaza, Spanish, Deir al Balah, Al, Rashid, Palestinian, United States, Canada, Australia, Britain, Poland, Australian, Polish, Przemysl, British, James Kirby . Local British, Palestine, Egypt, Israel, Rafah, Cyprus, Cypriot, Larnaca

Israeli strikes on an aid convoy run by the charity group World Central Kitchen killed seven of its workers in the Gaza Strip, setting off international outrage and underscoring the risks to humanitarian workers trying to alleviate a looming famine. The aid workers — a Palestinian, an Australian, a Pole, three Britons and a dual U.S.-Canadian citizen — were traveling in two armored vehicles clearly marked with the World Central Kitchen logo and a third vehicle when they came under fire late Monday night, according to the charity. The convoy was hit despite having coordinated its movements with the Israeli military, the group said. The workers were leaving a warehouse in Deir al Balah, in central Gaza, where the team had unloaded more than 100 tons of humanitarian food aid that had arrived by boat on Monday, World Central Kitchen said. Prime Minister Benjamin Netanyahu, who rarely comments on deadly strikes in Gaza, released a videotaped statement on Tuesday in which he appeared to acknowledge that the Israeli military was responsible.

Persons: —, Benjamin Netanyahu, Mr, Netanyahu, ”, Herzi Halevi Organizations: Kitchen Locations: Gaza, Australian, U.S, Deir al Balah, Israel

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