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☆ $100 billion property giant Prologis sealed a huge EV charging station deal. It hints at a new opportunity for real estate investors.
▼ + stars: | 2023-10-23 | by ( Daniel Geiger | ) www.businessinsider.com time to read: +16 min

Late last year, it installed 38 chargers for electric trucks operated by Maersk at two sites in the Los Angeles area. There were 1.8 million conventional medium and heavy duty commercial vehicles operating in the state in 2021, according to data from the California Air Resources Board. Arnold said electric charging sites might be more lucrative than traditional industrial outdoor storage properties. The EV-charging business' chicken-and-egg problemOne of the biggest constraints to the development of charging sites is the availability of power. PDS operates about 320 diesel rigs, Gillis said, but because of the rules, will purchase "20 to 30 electric trucks" a year to steadily electrify its fleet.

Persons: Henrik Holland, John O'Leary, O'Leary's, Holland, Crawford Arnold, Arnold, Southern California Reuters Arnold, Vernon, Rivian, Gage, Zeina, Azzi, she'd, Jim Hurless, Hurless, Michael Bresnahan, Bresnahan, Elon Musk, Tesla, Greg Pearson, Pearson, Frank Schulz, Marijan Murat, Jim Gillis, Gillis, Emil Abdelshehid, We're, Nikola, Moshe Cohen, Cohen Organizations: Shell, Prologis, Maersk, Daimler Truck North, Mercedes, Freightliner, Government, California Air Resources Board, US Department of Energy, IOS, Investors, Shipping, Southern California Reuters, Amazon, FedEx, UPS, Colorado ., Chateau Energy Solutions, Tesla, Klabin, Getty, Los, Pacific Drayage Services, Los Angeles Department of Water, PDS, Volvo, Inc Locations: Southern California, Danish, Los Angeles, Long, Los Angeles County, Torrance, Daimler Truck North America, California, Vernon, of Long Beach, Newark , New Jersey, Texas, New York City, New Jersey, Colorado, Inland, Fontana, San Bernardino, Brooklyn

☆ Chevron’s $53 billion deal is risky Exxon copycat
▼ + stars: | 2023-10-23 | by ( Robert Cyran | ) www.reuters.com time to read: +4 min

The $318 billion oil giant said Monday it would buy New York-based Hess (HES.N) for $53 billion in an all-stock deal. The main appeal for Chevron is Hess’s 30% stake in a consortium producing oil offshore in Guyana. Importantly, Chevron is catching up to Exxon, which runs and owns 45% of the same Guyana consortium. Higher production in Guyana after 2024 will increase Chevron’s returns, assuming the price of oil remains favorable. Hess owns a 30% share in a consortium in Guyana alongside Exxon, which owns a 45% interest, and Chinese oil company CNOOC, which owns the remaining 25%.

Persons: Hess, It’s, Mike Wirth, Scott Sheffield, John Hess, Hess’s, Lauren Silva Laughlin, Aditya Sriwatsav Organizations: Reuters, Chevron, Exxon Mobil, New York Stock Exchange, Natural Resources, drillers, Brent, Exxon, Pioneer, Exxon Mobil’s, Thomson Locations: New York, Texas, Guyana, Gulf of Mexico

☆ Wall Street and money moved into South Florida, driving up prices. Now some residents want to move out.
▼ + stars: | 2023-10-22 | by ( Kelsey Neubauer | ) www.businessinsider.com time to read: +10 min

They're looking to nearby smaller cities in South Carolina, North Carolina, Georgia, and Tennessee. They're picking places like Knoxville, Tennessee; Greenville, South Carolina; Huntsville, Alabama; and Asheville, North Carolina; which she collectively refers to as "the Villes." AdvertisementAdvertisementWhy CEOs moved their lives — and their businesses — to FloridaWall Street moved to South Florida in droves in 2020 and 2021. Billionaire hedge-fund CEOs — like Citadel's Ken Griffin — paid record-shattering amounts for South Florida homes , added offices, and moved their businesses there entirely from New York, Chicago, and Silicon Valley. They bought a 2,400-square-foot, four-bedroom home on an acre of land for the same price in Greenville, South Carolina.

Persons: —, There's, Nicole Panesso, Holly Meyer Lucas, Meyer Lucas, Ken Griffin —, Brian Guzman, Guzman, Jonathan Miller, Ken Griffin, PATRICK T, FALLON, It's, Larry Ellison, Miller, Michael Bordenaro, Greg May, Marcia Straub, Keller Williams, Jill Cody, she's, Ryan Wilson, Jami, Alexander Spatari, Jami Wilson Organizations: Service, Sunshine State, Census Bureau, Orlando, Coral, Fort Myers, Florida Wall, Billionaire, Guzman Advisory Partners, Getty, West Palm Beach, Florida Atlantic University, Silicon, Oracle, South, South Florida metros, Fortune, Miami, Homes, Army Locations: Florida, Greenville, Knoxville, South Florida, Chattanooga , Tennessee, South Carolina, North Carolina , Georgia, Tennessee, Knoxville , Tennessee, Greenville , South Carolina, Huntsville , Alabama, Asheville , North Carolina, Realtor.com, Asheville, Miami, Gulf Coast, New York, Chicago, Silicon, West Palm, Fort Lauderdale, Palm Beach, Texas, North Carolina, Greensboro, Fort

☆ Untouched 'Back to the Future' DeLorean discovered collecting dust in Wisconsin barn, report says
▼ + stars: | 2023-10-22 | by ( Sophia Ankel | ) www.businessinsider.com time to read: +3 min

An untouched DeLorean was found in a barn in Wisconsin, Illinois, The Washington Post reported. AdvertisementAdvertisementAn almost untouched DeLorean was discovered collecting dust in a Wisconsin barn, with only 977 miles on it, The Washington Post reported. McElhattan, from Crystal Lake, Illinois, the owner of DeLorean Midwest, a shop that provides service, upgrades, vehicle sales, and restorations for the DeLorean marque exclusively. AdvertisementAdvertisement"It was literally sinking into the earth of this gravel floor barn, untouched for years," McElhattan told The Post about the first time he saw the car in the barn on Dick's 60-acre property in Dousman, Wisconsin. AdvertisementAdvertisementDick bought the car because he thought it looked good, but then barely drove it, McElhattan told The Post.

Persons: —, Michael McElhattan, Dick, McElhattan Organizations: DeLorean, Washington Post, Post, Service, Universal Locations: Wisconsin , Illinois, Wisconsin, Crystal Lake , Illinois, Dousman , Wisconsin

Republican presidential candidate Florida Governor Ron DeSantis speaks at the New Hampshire Republican Party's First in the Nation Leadership Summit in Nashua, New Hampshire, U.S., October 13, 2023. When Troy Scheuermann, a chiropractor in Van Buren County stood up to introduce DeSantis at a campaign stop in Keosauqua (pop. For farmer Lance Lillibridge of Benton County, Iowa, a personal touch from DeSantis, a politician not known for his warmth, is what secured his support. RURAL ROADSIn a recent three-day swing through Iowa, DeSantis traveled through Davis County (pop. The Trump campaign said it has identified 1,800 in-state volunteers to support the campaign, as well as 200 county chairs representing all 99 counties.

Persons: Ron DeSantis, Brian Snyder, Donald Trump, Trump, DeSantis, Nikki Haley, Mike Pence, Tim Scott, Troy Scheuermann, Scheuermann, “, ”, ” DeSantis, Van, Le Mars, Don Kass, Mike Van Otterloo, Van Otterloo, David Kochel, Jeb Bush, Mitt Romney, Kochel, Lance Lillibridge, Lillibridge, ” Lillibridge, Ted Cruz, Rick Santorum, Mike Huckabee, you’re, “ We’ve, Jessica Szymanski, Szymanski, James Oliphant, Gram Slattery, Nathan Layne, Ross Colvin, Claudia Parsons Organizations: Florida, New Hampshire Republican Party's, Nation Leadership Summit, REUTERS, Republican, Trump, Iowa, Ipsos, Iowa Republican, United Nations, Ukraine, PEOPLE Reuters, Reuters, Cream, Plymouth County, Supervisors, DeSantis, Iowa Corn Growers Association, Arkansas, “, PAC, White, Thomson Locations: Nashua , New Hampshire, U.S, , Iowa, Iowa, Florida, DeSantis, Van Buren County, Keosauqua, Van Buren, Le Mars , Iowa, Plymouth, Benton County , Iowa, China, Davis County, Buena Vista County

☆ Billionaires are driving South Florida home prices to new records
▼ + stars: | 2023-10-19 | by ( Robert Frank | ) www.cnbc.com time to read: +4 min

From Palm Beach to Miami Beach, luxury home prices in Florida's richest enclaves are reaching new records as billionaires and millionaires continue to buy up property. The average price per square foot of homes sold in Palm Beach reached $4,554, more than 2.5 times more expensive than Manhattan. "The prices are mind-blowing," said Chris Leavitt, a top Palm Beach broker with Douglas Elliman. Miami Beach has also seen a spike in prices from wealthy buyers — especially billionaires. "Both Palm Beach and Miami Beach are disconnected from the interest rate trend."

Persons: Douglas Elliman, Miller Samuel, Chris Leavitt, Jonathan Miller, Leavitt, James Tigani, Harvey Jones, Tommy Hilfiger, Michael Cantanucci, Corcoran, Eric Schmidt, Ken Griffin, Alex Rodriguez, Griffin, Jeff Bezos, Tom Brady Organizations: Palm, Tech, Brokers, National Football League, CNBC Locations: Palm Beach, Miami Beach, Manhattan, New York , New Jersey, California, Florida, Miami

LAHAINA, Hawaii (AP) — For people around the world, the green leaves that sprouted from a scorched, 150-year-old banyan tree in the heart of devastated Lahaina symbolized hope following Maui’s deadly wildfire this summer. Before colonialism, commercial agriculture and tourism, thousands of breadfruit trees dotted Lahaina; the fire charred all but two of the dozen or so that remained. By contrast, researchers believe breadfruit and kukui nut — now the state tree of Hawaii — were among the many edible plants Polynesian voyagers brought around 1,000 years ago. Efforts to revive the banyan and other important surviving trees have included trucking in water, applying compost extract and testing soil. But replanting breadfruit in urban areas comes with challenges, said Steve Nimz, an arborist on Oahu who has been helping restore Lahaina’s trees.

Persons: landscapers, ”, Noa Kekuewa Lincoln, King Kamehameha, ulu, ” Kekona, Lahaina’s, replanting, Steve Nimz, “, Hokuao Pellegrino, ” Pellegrino, replant, Pellegrino, he's, reintegrating breadfruit, ___ Komenda Organizations: University of Hawaii, Development Locations: LAHAINA, Hawaii, Lahaina, ulu, Maui, Manoa, U.S, India, Lele, Hilo, Lincoln, Oahu, Waikapu, West Maui, “, Tacoma , Washington

☆ A Silicon Valley billionaire is leasing a 2-acre plot of private land for $1 a year to help address the Bay Area's housing crisis
▼ + stars: | 2023-10-19 | by ( Erin Snodgrass | Natalie Musumeci | ) www.businessinsider.com time to read: +4 min

The San Jose City Council voted to approve a new quick-build housing development for the unhoused. Silicon Valley billionaire John Sobrato will lease 2 acres of private land to the city at $1 a year. AdvertisementAdvertisementA Bay Area billionaire is offering his private land to the city of San Jose, California, for a $1 annual lease in an effort to tackle the area's homelessness. A 2023 Point-in-Time homeless census released earlier this year found at least 6,340 people were homeless in San Jose, local media reported. San Jose City Council representatives did not return Insider's request for comment.

Persons: John Sobrato, —, Sobrato, Matt Mahan, @MattMahanSJ, Mahan Organizations: San Jose City, Service, Area, San Jose City Council, Via, San Jose, NBC, VTA, Via Del, Council for Community, Economic Research, Sobrato Organization, Forbes Locations: San, Silicon Valley, San Jose , California, Via Del Oro, NBC Bay, South San Jose, Via, Edenvale, San Jose, California, Valley, Del Oro, Unhoused

Several attendees in the virtual meeting noted that U.S. corn yield has landed below USDA’s trend yield for five consecutive years now, prompting questions as to whether the calculation will be revisited for future seasons. The market’s main grievance with the recent yield pattern is that negative price implications could arise if trend yield starts out too high, since it may cause U.S. corn supplies to be overstated early on. Trend yield is set forth by USDA’s World Board and is based off a publicly documented model written in 2012. They also suggested that consecutive bad weather years can skew the view of true trend yield. In the last five years including 2023, corn yield fell below trend in each year and by an average of 6.1 bpa (3.4%).

Persons: Daniel Acker, Karen Braun, Marguerita Choy Organizations: REUTERS, Rights, U.S . Department, USDA’s, Agency, USDA, Reuters, Thomson Locations: Tiskilwa , Illinois, U.S, Rights NAPERVILLE , Illinois

☆ $2 Million Homes in Pennsylvania, Montana and California
▼ + stars: | 2023-10-18 | by ( Angela Serratore | ) www.nytimes.com time to read: +1 min

It is close to several museums, including Bucks County Civil War Museum and Library; Michener Art Museum, which has a sculpture garden; and Mercer Museum, which has a large collection of early American tools and vehicles. A SEPTA station is less than a mile away; from there, trains make the trip to Center City Philadelphia in about an hour and a half. Size: 3,908 square feetPrice per square foot: $512Indoors: A wrought-iron fence lined with neat hedges separates this property from the street. To the right is a family room with a fireplace that has a marble mantel. To the left is a living room connected to a dining room by a wide, column-flanked doorway.

Organizations: Bucks, Civil, Museum and Library, Michener Art Museum, Mercer Museum, SEPTA, Center City Philadelphia Locations: Doylestown, Pa, Hope, Trenton, N.J

Oct 18 (Reuters) - An Alaska state agency on Wednesday sued the Biden administration over its decision to cancel oil and gas leases in the state’s North Slope, one of the country's largest reserves of pristine federal land. Interior Department’s Sept. 6 decision to scrap seven oil and gas leases in Alaska’s 19 million-acre (7.7 million-hectare) Arctic National Wildlife Refuge, an area that is acutely vulnerable to climate change and home to grizzly and polar bears, herds of moose and snowy owls. The canceled leases were sold during the waning days of the Trump administration following a decades-long effort by Alaska officials to open up drilling in the refuge and bolster the state's petroleum-reliant economy. The state agency emerged as the sole bidder for most of the acreage after major oil and gas companies chose to skip the sale in 2020, which generated around $14.4 million. The two other entities that won leases at the 2020 sale withdrew from their holdings in 2022.

Persons: ”, Mike Dunleavy, Trump, Clark Mindock, Alexia Garamfalvi, Jamie Freed Organizations: Wednesday, Biden, Washington , D.C, U.S . Interior, Wildlife Refuge, Alaska Industrial Development, Export Authority, U.S, District of Columbia, Republican, U.S . Interior Department, Department, Thomson Locations: Alaska, Washington ,, U.S, Alaska’s, Republican Alaska, North

☆ A Higher Monthly Payment, but Less Square Footage
▼ + stars: | 2023-10-17 | by ( Conor Dougherty | More About Conor Dougherty | ) www.nytimes.com time to read: +1 min

With interest rates rising and mortgage costs with them, homebuilders are pulling in yards, tightening living rooms and lopping off bedrooms in an attempt to keep the monthly payment in line with what families can afford. In a recent survey of architects, John Burns Research and Consulting found that about half expected their average house size to decline. New communities will have more duplexes or small-lot single-family homes that are just a few feet apart. Even in Texas, where land is abundant, builders are adding more homes per acre, the company found. “The monthly payment matters more than anything else and builders have responded with smaller, more efficient homes,” said John Burns, the company’s chief executive.

Persons: John Burns, ”, Hayden Organizations: John Burns Research, Consulting Locations: Texas, Pacific Northwest, exurbs

His identification makes Livingston the ninth presumed victim of Baumeister to be identified by investigators from among roughly 10,000 charred bones and bone fragments that were found at Baumeister’s sprawling property, Jellison said. He said investigators believe the bones and fragments could represent the remains of at least 25 people. During the original investigation in the 1990s, 11 human DNA samples were extracted from bones and bone fragments. Eight of those people, all young men, were identified and matched to DNA samples, with Livingston now the ninth to be identified, Jellison said. So far, more than 30 families have provided DNA samples, and Jellison hopes other families will submit additional samples.

Persons: Herbert Baumeister’s, Allen Livingston, Jeff Jellison, Livingston, Jellison, Baumeister, “, ” Jellison, ”, we’ve, “ that's Organizations: INDIANAPOLIS, —, Indianapolis, Indiana State Police Laboratory Locations: — Indiana, Indianapolis, Herbert Baumeister’s Indianapolis, Hamilton County, Canada, Westfield, Indiana, Ohio, Livingston

In a pretrial court filing, James’ office estimated that Trump exaggerated his wealth by as much as $3.6 billion. They've also called accountants Donald Bender and Camron Harris, whose firms Trump hired to prepare his financial statements. A retired Deutsche Bank official testified the financial statements were key to Trump securing hundreds of millions of dollars in loans. Weisselberg acknowledged that information in Trump’s financial statements wasn’t always accurate, such as valuing his penthouse based on the wrong size. In a decision last month, Engoron resolved the lawsuit's top claim, ruling that Trump committed years of fraud by inflating the value of assets in his financial statements.

Persons: — Donald Trump, Michael Cohen, Cohen, I’m, ” Cohen, Judge Arthur Engoron, It's, Trump, Letitia James, James ’, James, Eric, Donald Trump Jr, —, Allen Weisselberg, Jeffrey McConney, Weisselberg, ”, maligning, Patrick Birney, Mark Hawthorn, They've, Donald Bender, Camron Harris, wasn’t, “, Engoron, he'll, She's Organizations: New, Twitter, Trump, New York, Trump Organization, WHO, Longtime Trump Organization, Democrat, Deutsche Bank, Mar Locations: New York, Lago, Doral, Miami , Florida, Chicago, New York City, Manhattan, Georgia, Washington, Florida, __, Sisak, x.com

NEW YORK (AP) —Efforts to turn what was once the largest landfill site in the world into a public park hit a milestone Sunday with the opening of the first section open to the public, New York City officials said. The 21-acre (8.5-hectare) North Park section of what has become Freshkills Park includes pedestrian and cycling paths, an overlook deck, bird viewing tower and composting restroom that uses no water. The 2,200-acre (890-hectare) Fresh Kills Landfill on Staten Island was once the largest landfill site in the world. For five decades after its opening in 1948, it was the principal landfill for New York City’s garbage. The last barge of regular trash was delivered in 2001 when then-Mayor Rudy Giuliani closed the site, partly in response to Staten Island residents who had complained about being the city’s dumping ground.

Persons: Rudy Giuliani, Sue Donoghue Organizations: Freshkills Locations: New York, Staten, York City

☆ In Santa Fe, a Late Financier’s 3-Acre Compound Comes on the Market for $23.65 Million
▼ + stars: | 2023-10-13 | by ( Sarah Paynter | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/real-estate/luxury-homes/in-santa-fe-a-late-financiers-3-acre-compound-comes-on-the-market-for-23-65-million-c8666df7

Persons: Dow Jones

☆ Exclusive: Drone startup Aerodome flies out of stealth with $6.5 million seed round led by Andreessen Horowitz
▼ + stars: | 2023-10-13 | by ( Ben Bergman | ) www.businessinsider.com time to read: +3 min

After seven months in stealth, Aerodome recently closed a $6.5 million seed round led by Andreessen Horowitz and 2048 VC. Sidhu is currently a reserve officer for the Redondo Beach Police Department and was a full-time officer for two years. Competitors to Aerodome include Motorola, Dronesense, and Skydio, but those companies are more focused on software than the all-in-one package Aerodome is offering. Aside from responding to crime, Sidhu also says Aerodome will also eventually be able to detect wildfires and alert authorities moments after smoke appears. Aerodome has a contract to roll out a trial with Redondo Beach Police Department next month and Albuquerque Police Department in December.

Persons: Rahul Sidhu, Andreessen Horowitz, Jake Paul's, Jamie Siminoff, Nikita Bier, Bier, Sidhu, Kenaniah Cerny, COVID, Aerodome Organizations: Aerodome's, SPIDR Tech, Versaterm, Redondo Beach Police Department, Motorola, Albuquerque Police Department Locations: York

PIKETON, Ohio (AP) — Uranium enrichment is getting underway this week at a facility in southern Ohio, a federally authorized demonstration project considered critical to produce the type of fuel needed for newer, more efficient nuclear reactors. That form of uranium contains far more of the isotope U-235 than is typically found in current nuclear reactor fuel. The 3,800-acre (1,500 hectare) site was where uranium had been enriched until 2001 at the Portsmouth Gaseous Diffusion Plant. Poneman said the U.S. has since become the world's biggest importer of enriched uranium. Cleanup and decontamination of the Portsmouth plant are continuing.

Persons: Daniel Poneman, Poneman, Centrus Organizations: Centrus Energy Corp, Columbus Dispatch Locations: PIKETON, Ohio, Bethesda , Maryland, Piketon, Columbus, U.S, Portsmouth

☆ Jeff Bezos just added yet another property to his 'Billionaire Bunker' collection after snapping up a 7-bedroom mansion for $79 million: report
▼ + stars: | 2023-10-13 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

Amazon founder Jeff Bezos just bought a $79 million mansion in Indian Creek, Florida, per Bloomberg. Indian Creek is a village on a small private island in Miami's Biscayne Bay known as "Billionaire Bunker." AdvertisementAdvertisementAmazon founder Jeff Bezos has added another lavish mansion to his property portfolio. The waterfront property was listed for $85 million in May and last sold for $28 million in 2014. Indian Creek, where Bezos' new property purchase is located, is a village on a small private island in Miami's Biscayne Bay.

Persons: Jeff Bezos, —, Dina Goldentayer, Danilo Tavares, Douglas Elliman, Tavares, Bezos, Insider's Sarah Jackson, Jordan Hart, Insider's Hannah Towey, Carl Icahn, Jared Kushner, Ivanka Trump Organizations: Bloomberg, Service, Bezos, Zillow Locations: Indian Creek , Florida, Biscayne, Goldentayer, Beverly, Texas, Medina , Washington

☆ Harvard is temporarily closing off its historic center to visitors at night, as backlash continues to roil against students blaming Israel for Hamas' attacks
▼ + stars: | 2023-10-13 | by ( Kai Xiang Teo | ) www.businessinsider.com time to read: +3 min

Harvard told students in an email that its historic center would be closed to non-ID holders nightly until Monday, the Harvard Crimson reported. Harvard Yard is the oldest part of the university campus and is where most freshman dormitories are housed. The move comes amid an escalating backlash against student groups that cosigned a letter blaming Israel for the Hamas attacks. AdvertisementAdvertisementHarvard is closing off its historic center, Harvard Yard, to visitors at night until Monday, amid an escalating backlash against students who cosigned a letter blaming Israel for the Hamas attacks, the Harvard Crimson reported Thursday, citing an email sent to students. Harvard Yard is a 25-acre green space that is the oldest part of the university campus and is where most freshman dormitories are housed.

Persons: Israel, —, Meredith Weenick, Bill Ackman, Larry Summers, Jason Furman, Boaz Barak, Harvard Hillel Organizations: Harvard, Harvard Crimson, Service, Harvard Yard, Harvard University Police Department Locations: Israel

☆ How U.S. soybeans influence global economics
▼ + stars: | 2023-10-12 | by ( Andrea Miller | In Dreajmiller | ) www.cnbc.com time to read: +3 min

"Soybeans are kind of that wonder crop that has amazing capabilities" Arlan Suderman, chief commodities economist at StoneX, told CNBC. "The average soybean production in our county 40 years ago, in 1980, was 31 bushels. The global soybean market exploded in recent years with U.S. production at the forefront. However, the U.S. has since lost its dominance, in part, thanks to its reliance on a single export market: China. According to data from the USDA, about half of the value of U.S. soybean exports head to China.

Persons: Himanshu Gupta, ClimateAI, Suderman, wasn't, Meagan Kaiser, Joe Janzen, Janzen, Kaiser Organizations: National Oilseed Processors Association, United, CNBC, U.S . Department of Agriculture, University of Illinois Locations: U.S, China, Brazil, Argentina

Lynch said his agency is seeking congressional authorization to study another round of deepening for the Savannah River shipping channel. The Army Corps of Engineers last year finished deepening the waterway by 5 feet (1.5 meters), a $973 million project that took 25 years to study and execute. And it’s not just for the Georgia Ports Authority. Buddy Carter, a Republican whose district includes Savannah's port, said they support studying another harbor expansion. “This port affects every county in Georgia,” said Georgia House Speaker Jon Burns, a Republican who attended the speech.

Persons: Griff Lynch, Lynch, We’ve, They're, Eugene Talmage, “, Sen, Raphael Warnock, Buddy Carter, ”, Jon Burns, Chris DeScherer, ” DeScherer Organizations: Georgia Ports Authority, Army Corps, Engineers, U.S ., Port, Georgia Department of Transportation, Army Corps of Engineers, Water Resources, Democrat, U.S . Rep, Republican, Southern Environmental Law, Wildlife Locations: SAVANNAH, Ga, Port, Savannah, U.S, Georgia, “ State, India, Thailand, Vietnam, U.S . East Coast, Panama, East Coast, Suez, Savannah's

☆ Google is opening a cafe, store and event space to the general public near its headquarters
▼ + stars: | 2023-10-12 | by ( Jennifer Elias | ) www.cnbc.com time to read: +3 min

In this article GOOGL Follow your favorite stocks CREATE FREE ACCOUNTGoogle has opened its first west coast visitor Experience" center which is located by its Mountain View headquarters. Google's new Mountain View "Visitor Experience" center features a Google store. It also includes a cafe and retail Google store, which comes two years after the company opened its first public Google retail store in New York's Chelsea neighborhood. Google's new visitor center feature a space where a community group or nonprofit can request to reserve the space for meetings or events. Google's new visitor experience includes an outdoor event space for the public.

Persons: Mark Wickens, We've, Scott Foster, Ruth Porat, Michelle Kaufmann Organizations: Google, Mark Wickens Google, CNBC, Facebook Locations: Mountain View, Calif, New York's Chelsea, Valley, Menlo, San Jose

In March, the Democratic governor announced a plan to gift several California cities hundreds of tiny homes by the fall to create space to help clear homeless encampments that have sprung up across the state’s major cities. More than 171,000 homeless people live in California, making up about 30% of the nation’s homeless population. The state has spent roughly $30 billion in the last few years to help them, with mixed results. Officials also pointed to a new law signed by Newsom in July to streamline construction of tiny homes. “It’s going to help thousands of people who are going to benefit because of the comprehensive nature of the approach here.”Sacramento and the state have also agreed to place the other 175 tiny homes at the California state fairgrounds.

Persons: Gavin Newsom, Newsom's, Newsom, it’s, ” Hafsa Kaka, “, We’ve, Darrell Steinberg, “ It’s Organizations: Gov, Democratic, Sacramento Bee, WellSpace Health, Sacramento, Transportation Authority Locations: SACRAMENTO, Calif, Sacramento, California, Los Angeles, San Jose, San Diego, ” Sacramento, Santa Clara

☆ California may build solar panels alongside highways to power homes
▼ + stars: | 2023-10-10 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +2 min

Gavin Newsom on Saturday gave the greenlight for the state's transportation and energy officials to figure out how to install solar panels, battery storage and other renewable energy sites along highways. According to the state's Department of Transportation, California has 250 state highways containing more than 15,000 miles of road. The empty land alongside those roads could be used to generate one gigawatt of potential solar energy, which could power over 270,000 California homes, according to a joint report from Environment California, a nonprofit backer of SB 49, and highway solar advocate The Ray. In 2008, Oregon became the first state to develop a solar highway project, which now has nearly 600 solar panels. Using empty space along highways to install clean energy sites would help alleviate pressure on the state's deserts where many solar panels are currently housed.

Persons: Gavin Newsom, Ray, Sen, Josh Becker Organizations: Port, Los Angeles , California ., Los Angeles , California . California Gov, Saturday, Department of Transportation, state's Department of Transportation Locations: Port of Los Angeles, San Pedro, Los Angeles , California, Los Angeles , California . California, state's Department of Transportation , California, California, Environment California, Oregon

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