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☆ Seven Seas Splendor: World cruise offers swanky suite for $1.7 million
▼ + stars: | 2024-03-29 | by ( Francesca Street | ) edition.cnn.com time to read: +4 min

The cruise line is pitching this 2027 voyage as a “once-in-a-lifetime experience” on board its Seven Seas Splendor liner. The living room area of the Regent Suite, available for $1.7 million on Regent Seven Seas Cruises' upcoming 2027 world cruise. Onboard decadenceWhether guests opt for the Regent Suite or not, prospective Regent Seven Seas Cruises travelers should expect onboard decadence. Cruise line president DeMarco told CNN Travel that the fact Regent Seven Seas’ world cruise is “truly all-inclusive” means there’s “value” associated with these high costs. The cruise line is currently operating a sold-out 2024 world cruise on board its Seven Seas Mariner cruise ship, while its 2025 world cruise also sold out in what Regent Seven Seas’ claimed was “record time.” The cruise line’s 2026 world voyage still has suites available at time of writing.

Persons: CNN —, Andrea DeMarco, there’s, DeMarco, Joan Miró, Picasso, filet mignon Organizations: CNN, Regent Seven Seas Cruises, CNN Travel, Regent, Regent Seven, Suite, Regent Seven Seas, Seas, Norwegian Cruise Line Holdings, Seven Seas, Seven Locations: Bali , Sydney, Mumbai

☆ Opinion: Why ‘black swans’ are behind the Key Bridge and other shipping disasters
▼ + stars: | 2024-03-28 | by ( Opinion Salvatore R. Mercogliano | ) edition.cnn.com time to read: +9 min

CNN —The allision between the container ship MV Dali and the Francis Scott Key Bridge in Baltimore on Tuesday has prompted numerous questions — not only about how this tragedy occurred, but also about our global shipping processes. This marked the start of a campaign by the Houthis, in support of Hamas in their attack on Israel, against global shipping transiting the Red Sea, Bab-el-Mandeb and the Gulf of Aden. Now, two years later, Baltimore is closed with remains of the Key Bridge athwart the main shipping channel. No one agency has oversight of or coordinates global shipping or ports in the US. There is also no overall maritime strategy for the nation, although the US Department of Transportation, Maritime Administration has been tasked to develop one.

Persons: Salvatore R, Mercogliano, Francis Scott Key, —, Sal Mercogliano Bennett Scarborough, Dali, ”, Jennifer Homendy, Transportation Pete Buttigieg, John Garamendi of, Dusty Johnson of Organizations: Campbell University, Shipping, YouTube, CNN, MV Galaxy Leader, Baltimore, Federal Highway Administration, Transportation, Bethlehem Steel, Department of Transportation, Maritime Administration, US Coast Guard, Army Corps of Engineers, Maryland Department of Transportation, US Department of Transportation, Federal Maritime Commission, Democratic, Republican, Dusty Johnson of South Dakota, Ocean Shipping Reform Locations: Baltimore, Asia, Suez, Los Angeles, Long, Yemen, Israel, Bab, Aden, China, Argentina, Largo, Dali, Sparrows, United States, John Garamendi of California, Dusty Johnson of South

☆ Bridge accidents: Three ships have hit bridges in Argentina, China and Baltimore in just three months
▼ + stars: | 2024-03-27 | by ( Jessie Yeung | ) edition.cnn.com time to read: +7 min

These events all happened within the first three months of this year – and all after collisions with large commercial ships. And a month earlier, a large cargo ship collided with the Zárate–Brazo Largo Bridges crossing the Prana River in Argentina, according to now-shuttered government-run news agency Télam – severely damaging the ship, though the bridge remained intact. By contrast, in the Baltimore example, the water channel and bridge are wide and tall enough to accommodate large vessels – and the cargo ship hit the bridge pier, not the bridge itself, Andrawes said. But even these measures can only do so much in the event of a large cargo ship collision, Mercogliano said, pointing to the Baltimore collapse. “And even when the ship hit those dolphins, the ship was so large it towered over them and actually struck the bridge itself.

Persons: Francis Scott Key, DALI, ”, Sal Mercogliano, Télam, Bassem, Andrawes, it’s, Mercogliano, Baltimore Steve Helber, there’s, Jerome Hajjar Organizations: Hong Kong CNN, University of Illinois, Sunshine Skyway, Coast Guard, Structural Engineering, American Society of Civil Engineers Locations: Hong Kong, Baltimore, China, Argentina, Patapsco, Guangzhou, –, Largo Bridges, Urbana, Champaign, Florida

☆ I'm a certified financial planner and tax reporter at CNBC. How I tackle my own retirement tax planning
▼ + stars: | 2024-03-04 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +3 min

Now, as a tax reporter for CNBC, I focus on tax strategy all year, including how retirement contribution decisions may affect long-term plans. Pretax vs. Roth retirement contributionsOne of the biggest questions from investors is whether to save money into a pretax or after-tax Roth account. Early in my career, I focused on Roth savings, which made sense with lower income and decades until retirement. I've prioritized my employer match with pretax and Roth 401(k) deferrals, while also making Roth individual retirement account contributions. There's also a small nest egg in my health savings account, which I added to during my years of self-employment.

Persons: Seksan, I've, Ashton Lawrence, Roth, you'll, pretax, There's, JoAnn May Organizations: CNBC, CFP, Mariner Wealth Advisors, Asset Management Locations: Greenville , South Carolina, Berwyn , Illinois

☆ This type of ETF offers portfolio income along with some complexity. How to determine if it’s right for you
▼ + stars: | 2024-02-15 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +5 min

These so-called derivative income funds — which include popular covered-call offerings such as the JPMorgan Equity Premium Income ETF (JEPI) — gathered $22 billion in flows last year , according to Morningstar. "I don't see volatility drying up, especially with where inflation is and this being an election year," said Barry Martin, portfolio manager of the Shelton Equity Income Fund (EQTIX) . "Instead of owning a covered call fund, you can buy a dividend fund that's paying 3% in dividend income," said John Rekenthaler, vice president, research at Morningstar. Be tax conscious: Derivative income funds can bring tax complexity because they can spin out income that's subject to short-term capital gains treatment. Comparison shop: Morningstar labels covered call funds and their ilk as "derivative income funds," but each offering will have its quirks, and this could affect its risk-return profile.

Persons: —, Rob Schultz, JEPI, there's, Barry Martin, EQTIX, Martin, Schultz, Ashton Lawrence, Lawrence, John Rekenthaler Organizations: JPMorgan, Shelton, Income, CFP, Mariner Wealth Advisors, Investors, Morningstar Locations: Encino , California, Greenville , South Carolina

☆ Everyone needs an editor. Lyft just learned it the hard way
▼ + stars: | 2024-02-14 | by ( Allison Morrow | ) edition.cnn.com time to read: +5 min

That goes for MBAs as much as MFAs, and it’s a lesson Lyft executives learned the hard way on Tuesday, when an errant zero sent its stock (briefly) to the stratosphere. The Lyft typo came in an earnings report that stated, incorrectly, that the company’s estimated gross margin would expand by 500 basis points, which would amount to a stunning five-percentage-point bump. The stock shot up more than 60% before Lyft’s CFO corrected the error on a call with analysts, bringing the stock back to Earth. With the error in the rear view, Lyft shares were up up 30% Wednesday, bolstered by stronger-than-expected earnings and a rosy outlook for future cash flows. “Look, it was a bad error, and that’s on me,” Lyft CEO David Risher told CNBC on Wednesday.

Persons: CNN Business ’, History’s, —, Arthur C, Clarke, Galena Biopharma, King Charles I, ”, David Risher Organizations: CNN Business, New York CNN, MBAs, Citibank, Citi, Mizuho Securities, NASA, New York Times, Bangladesh Bank, Reuters, Maine, SEC, CNBC Locations: New York, Mizuho, Galena

☆ Markets poised to return 'back to normal' in 2024, says Mariner Wealth's Jeff Krumpelman
▼ + stars: | 2024-02-06 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMarkets poised to return 'back to normal' in 2024, says Mariner Wealth's Jeff KrumpelmanJeff Krumpelman, chief investment strategist at Mariner Wealth Advisors, joins 'The Exchange' to discuss the 2024 market forecast, trends in the economy and earnings, and more.

Persons: Jeff Krumpelman Jeff Krumpelman Organizations: Mariner Wealth Advisors

☆ 9 new around-the-world cruises have joined Royal Caribbean's Ultimate World Cruise at sea. See what they're like — from a sold-out 6-month luxury cruise to a cheaper $21,100 option.
▼ + stars: | 2024-01-21 | by ( Brittany Chang | ) www.businessinsider.com time to read: +8 min

Regent Seven Seas Seas Cruises — NCLH's $73,500 ultra-luxury 4 ½-month cruiseThe Seven Seas Mariner in Kotor, Montenegro. AzamaraAzamara's sold-out 2024 world cruise departed on January 5 from Fort Lauderdale, Florida. Silversea's fares started at $66,000 per person for the least expensive vista suite, cheaper than Regent Seven Seas' cruise of the same length. AdvertisementPrincess Cruises — Carnival Corp's almost four-month $21,100 vacationPrincess Cruises says its 2024 world cruise guests will have an overnight in Dubai and the opportunity to see 25 UNESCO World Heritage Sites. Holland America Line — the four-month roundtrip Florida cruiseThe Zuiderdam's world cruise itinerary includes overnights in places like Tokyo and Aqaba, Jordan.

Persons: —, TikTok, Royal, it's, Fares, Azamara, Taj, Azamara Azamara's, Leo Caldas, Cunard, Queen Mary 2, Queen Mary, Queen Victoria, Mary 2, Southhampton, Jennifer Gauthier, would've Organizations: Service, Royal, Business, Oceania Cruises, Norwegian Cruise Line Holdings, Regent Seven Seas, Seas, Regent Seven, Seven Seas Mariner, Cruises —, Getty, San, Cruises, UNESCO, Heritage, Princess, Carnival Corp, Seabourn, Fares, Corp's, Cunard, Holland America Line, Reuters, Holland, Holland America Locations: New York City, Sydney, Australia, Los Angeles, Norwegian, Hawaii, Islands, New Zealand, Asia, East, Europe, Canada, Yangon, Myanmar, Reykjavik, Iceland, Kotor, Montenegro, Miami, Central America, Islands , New Zealand, Bermuda, Oceania, Giza, Fort Lauderdale , Florida, Central, South America, Barcelona, Caribbean, AFP, San Francisco, Southeast, East Asia, Alaska, Dubai, Africa, Piraeus, Greece, Athens, China, Japan, Sri Lanka, Egypt, Jordan, Cairns, Honolulu, Queen, York City, Aruba, North America, Holland, Florida, Tokyo, Aqaba, Holland America

MILAN (AP) — Prada brought nature indoors as a backdrop for its 2024-25 fall and winter menswear collection meant to get humans outside. The new Prada collection, unveiled on the third day of Milan Fashion Week menswear previews Sunday, marked “the return of the seasons,’’ as a point of renewal of the spirit, co-creative director Miuccia Prada said backstage. Without falling into strict categories of office wear and outdoor wear, Prada said that the collection “was meant for going outside,” and spending time there, not just as a point of transit. Raf Simons, Prada’s co-creative director, said the collection referenced water in its many forms: the sea, rain, a stream, ice. Always political, the Prada collection references climate change, but without being explicit.

Persons: — Prada, ’, Miuccia Prada, Prada, Raf Simons, Prada’s, “, ” Simons, ” Prada, Jake Gyllenhaal, James McAvoy Organizations: MILAN, Prada, Jackets Locations: Underfoot, Milan, ”

☆ Stick with a long-term stock strategy right now, says Mariner Wealth's Jeff Krumpelman
▼ + stars: | 2023-11-21 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailStick with a long-term stock strategy right now, says Mariner Wealth's Jeff KrumpelmanJeff Krumpelman, chief investment strategist at Mariner Wealth Advisors, joins 'The Exchange' to discuss the recent market rally, where the biggest valuation opportunities are in the market, and more.

Persons: Jeff Krumpelman Jeff Krumpelman Organizations: Mariner Wealth Advisors

☆ A former Vice exec is launching an AI platform that can visualize entire stories, scripts, or poems from the text
▼ + stars: | 2023-11-16 | by ( Marta Biino | ) www.businessinsider.com time to read: +4 min

He started Lore Machine with Moises Sanabria, the company's chief prompt officer, and Kutlu Mizrak, who is in charge of natural-language processing. Lore Machine turns text stories into images, ensuring consistency in style for the different characters, locations, and recurring elements. Stable Diffusion vs Midjourney) depending on their preferences and their values. Lore Machine is currently in beta, and being used by screenwriters, artists, novelists, graphic novelists, and animators, with a waitlist of over 12,000, the company said. Campion said he expects Lore Machine to be publicly available in early 2024.

Persons: Thobey Campion, Campion, Moises Sanabria, Kutlu Mizrak, Machine's, it's, Phil Gelatt, Lore Machine's, Lore, Samuel T Organizations: Business, Machine, Hollywood, Lore Machine

☆ Storylines Residential Cruise Faces Backlash From Investors, Ex-Employees
▼ + stars: | 2023-11-01 | by ( Kate Taylor | Brittany Chang | ) www.businessinsider.com time to read: +31 min

Storylines' first cruise ship was initially scheduled to launch in 2019; it's now set for December 2026. Nine former employees, consultants, and investors told Insider that they'd come to doubt the MV Narrative would ever be built. The only existing residential cruise ship is The World. Many Storylines buyers remain optimistic about the residential cruise ship. "The ball is in your court," Punton told buyers in July in a video that's since been taken down.

Persons: Alister Punton, Punton, Shannon Lee, Mike Kasperzak, Jim Holt, Holt, Angela Nuran, Paul Cosentino, Cosentino, We're, Lee, it's, Alexandre Caillol, Condé, superyachts, Sean Fremder, Weeks, Caillol —, —, Marco Polo —, PitchBook, Alexandra Zodian —, Caillol, Michael Edwards, Edwards, he'd, Martin Buggy, Melissa Edyvean, Edyvean, Paul Read, Salvatore R, Mercogliano, Pat Helmers, Helmers, Michael Perisi, Andrew Lentz, didn't, Lentz, Wrocław . Lentz, Andrew, I'm, Lee ., Dick Rosman —, Lee —, Krzysztof Kontek, Kontek's, Michal Jackiewicz, Brodosplit, Brian Martin, Read, Nuran, We've, he's, New Zealand —, Kasperzak, " Lentz Organizations: Punton, Army, West —, Industry, CNN, Brodosplit, Regent Seven Seas, Wall Street Journal, Korea's Samsung Heavy Industries, Utopia, Beverly Hills, Rock City, The Raiders, Raiders, Holland America's, Mariners, New Zealand Locations: massages, Croatian, Beverly, Punton, Queensland, Australia, Broadbeach, California, Rock, Brisbane, Netherlands, Caillol, Polynesia, French Polynesia, France, London, Australian, British, Delaware, Sweden, Tahiti, Perth, Ecuador, Poland, Wrocław, Mexico, Florida, New

“There aren’t that many Russian Orthodox followers (anymore), but it’s part of our heritage and we do want to see it preserved." The Russian Orthodox church was established in Alaska on Kodiak Island in 1794 and missionaries spread the faith, baptizing an estimated 18,000 Alaska Natives. Experts estimate about 80 historic Orthodox churches exist across Alaska, but weather and time are taking a toll, making restoration efforts even more critical. Deacon Thomas Rivas, the episcopal secretary to the Alaska Orthodox bishop. “However, its primary function is sacred and that’s important to all of us, even those of us that are not Russian Orthodox.”

Persons: Romanov, Nicholas Church, ”, Charlene Shaginaw, “, Aaron Leggett, Peter the Great, Vitus Bering, Bering, baptizing, Richard Nixon, Deacon Thomas Rivas, Leggett, Gina Ondola, Rivas, Romanov czars, Jobe Bernier Organizations: Alaska Natives, National Park Service, Church, National Register of Historic Places, Mission Society Locations: EKLUTNA, Alaska, Alaska's, Anchorage, Eklutna, Eklutna’s, Russian, Danish, Russia, Unalaska, United States, U.S, Kodiak, Kenai, Sitka, ”, Cook, St, Siberia

☆ Man missing at sea for nearly 2 weeks found alive in life raft off Washington coast
▼ + stars: | 2023-10-28 | by ( Raja Razek | ) edition.cnn.com time to read: +2 min

CNN —One of two men missing at sea for nearly two weeks was found alive on Thursday by a Canadian fishing boat in a life raft in Canadian waters, approximately 70 miles northwest of Cape Flattery, Washington, according to US Coast Guard spokesperson Petty Officer Steve Strohmaier. A lot of times, it is pretty infrequent to have a vessel passing by.”On Sunday afternoon, the Coast Guard was alerted to a missing fishing vessel that had departed the Washington coast on October 12 and was due back on October 15. “They left from Westport, Washington,” Strohmaier said. “They were due back on the 15th, and a week later, the Coast Guard was made aware.”The man was found by a Canadian fishing boat “in Canadian waters, and from that, the good Samaritan vessel radioed the Canadian Coast Guard. When he went to the hospital, he was reported to be in stable condition.”At this time, another person remains missing and the incident remains under investigation, according to the US Coast Guard.

Persons: Steve Strohmaier, ” Strohmaier, ”, “, …, Strohmaier Organizations: CNN, US Coast Guard, Coast Guard, Canadian Coast Guard, “ USCG Locations: Canadian, Washington, Westport , Washington

☆ Retirement account withdrawal rules are 'so complicated' for inherited IRAs, expert says. What to know
▼ + stars: | 2023-10-26 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +2 min

But the gift comes with mandatory withdrawals for heirs and following the rules can be difficult, experts say. According to the Secure Act of 2019, certain heirs now have less time to deplete inherited accounts due to a change in so-called "required minimum distributions." But there's now a 10-year withdrawal rule for certain heirs, meaning everything must be withdrawn by the 10th year after the original account owner's death. The rule applies to accounts inherited by so-called "non-eligible designated beneficiaries" on Jan. 1, 2020, or later. Ed Slott IRA expertNon-eligible designated beneficiaries are heirs who aren't a spouse, minor child, disabled, chronically ill or certain trusts.

Persons: Ed Slott, Ashton Lawrence, there's, Slott, RMDs Organizations: Istock, Getty, Secure, Mariner Wealth Advisors, IRS Locations: Greenville , South Carolina

☆ British Freighter Is Believed Lost in Fatal North Sea Collision
▼ + stars: | 2023-10-24 | by ( Christopher F. Schuetze | More About Christopher F. Schuetze | ) www.nytimes.com time to read: 1 min

Two cargo ships collided in the North Sea in the early hours of Tuesday morning, sinking one vessel and leaving at least one mariner dead, the authorities said. Two crew members from British cargo vessel Verity were rescued during an extensive operation that included German Maritime Search and Rescue Service and police vessels, aircraft and a cruise ship. Teams were still searching for four people presumed to have been in the 60-degree water since early Tuesday. The collision occurred at around 5 a.m. 14 miles southwest of Heligoland, a tiny rocky island situated north of Germany and west of Denmark. The site of the incident is one of the busiest stretches of water in the world, according to the German authorities.

Persons: Verity Organizations: Rescue Service Locations: Heligoland, Germany, Denmark, Poland, Bahamas, Europe

☆ Watch CNBC's interview with Mariner Wealth's Jeff Krumpelman and Bleakley Financial's Peter Boockvar
▼ + stars: | 2023-10-17 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's interview with Mariner Wealth's Jeff Krumpelman and Bleakley Financial's Peter BoockvarJeff Krumpelman, Mariner Wealth Advisors chief investment strategist, along with Peter Boockvar, Bleakley Financial Group chief investment officer, join 'The Exchange' to discuss bond market activity taking over the job of the Fed, the negative impact rising rates are having on equities, and fiscal debt and geopolitical tensions causing near term P/E contraction.

Persons: Mariner, Jeff Krumpelman, Bleakley, Peter Boockvar Jeff Krumpelman, Peter Boockvar Organizations: Mariner Wealth Advisors, Bleakley Financial Group

☆ Big cap tech is wildly overvalued considering the rise in rates, says Bleakley's Peter Boockvar
▼ + stars: | 2023-10-17 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBig cap tech is wildly overvalued considering the rise in rates, says Bleakley's Peter BoockvarJeff Krumpelman, Mariner Wealth Advisors chief investment strategist, along with Peter Boockvar, Bleakley Financial Group chief investment officer, join 'The Exchange' to discuss bond market activity taking over the job of the Fed, the negative impact rising rates are having on equities, and fiscal debt and geopolitical tensions causing near term P/E contraction.

Persons: Bleakley's Peter Boockvar Jeff Krumpelman, Peter Boockvar Organizations: Mariner Wealth Advisors, Bleakley Financial Group

☆ US Navy 'Ghost Fleet' ships make first-of-its-kind visit in the Western Pacific as Pentagon looks to counter China's military mass with drones
▼ + stars: | 2023-09-21 | by ( Jake Epstein | ) www.businessinsider.com time to read: +5 min

US Navy drone boats made a first-of-its-kind visit to a key US ally in the Western Pacific. said Rear Adm. Blake Converse, deputy commander of US Pacific Fleet, in the statement. AdvertisementAdvertisementThe unmanned surface vessel Ranger transits the Pacific Ocean during Integrated Battle Problem (IBP) 23.2, Sep. 15, 2023. IBP 23.2 is a Pacific Fleet exercise to test, develop and evaluate the integration of unmanned platforms into fleet operations to create warfighting advantages. IBP 23.2 is a Pacific Fleet exercise to test, develop and evaluate the integration of unmanned platforms into fleet operations to create warfighting advantages.

Persons: Blake Converse, Jesse Monford IBP, Carl Vinson, Carlos Sardiello, Arleigh Burke, Jesse Monford, USVs, Kathleen Hicks, Hicks Organizations: Navy, Western Pacific, Pentagon, Service, Fleet, US Pacific Fleet, Pacific Fleet, US Marine Corps, Carrier, Initiative, DoD Locations: Western, Wall, Silicon, Western Pacific, Yokosuka, Japan, Pacific, Beijing, Washington, Taiwan

☆ Here are 3 things to consider before making a Roth conversion to save on future taxes
▼ + stars: | 2023-09-15 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +2 min

Prapass Pulsub | Moment | Getty ImagesAs year-end approaches, some investors may be weighing a Roth individual retirement account conversion to save on future taxes. The strategy transfers your pretax or non-deductible IRA funds to a Roth IRA, which kick-starts future tax-free growth. But you have to plan for the upfront tax bill. Here are some key factors to consider before making a Roth conversion, according to financial experts. Assess the short-term tax consequencesWhile a Roth conversion may offer long-term tax benefits, there's potential for shorter-term consequences, Lawrence warned.

Persons: Prapass, Roth, Ashton Lawrence, Lawrence, Jeremy Finger Organizations: Roth IRA, Mariner Wealth Advisors, Riverbend Wealth Management, Riverbend Wealth, Republicans Locations: Greenville , South Carolina, Myrtle Beach , South Carolina

NEW YORK (AP) — Prize-winning fiction writer Deesha Philyaw, who struggled to find a publisher for what became her acclaimed debut “The Secret Lives of Church Ladies,” has a 7-figure deal for her next two books. Mariner Books, an imprint of HarperCollins Publishers, announced Thursday that it had signed up Philyaw and will publish her novel “True Confessions” in 2025. Mariner calls the book a “biting satire” of the Black church and “a deeply provocative” story about family, friendship and “sexual agency." Philyaw, who attended several different churches as a child, is centering the novel around a megachurch leader named Schar. It won the PEN/Faulkner Award, the Story Prize and the Los Angeles Times Book Prize, and is being adapted for television by HBO Max.

Persons: —, Deesha Philyaw, ”, Philyaw, Schar, “, Breonna Taylor Organizations: Church Ladies, Mariner, HarperCollins Publishers, West Virginia University Press, PEN, Faulkner, Los Angeles Times, HBO Max Locations: “, York

☆ Your 401(k) could have these hidden risks, experts say. Here’s what employees need to know
▼ + stars: | 2023-09-14 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +2 min

mapodile / GettyAfter several interest rate hikes from the Federal Reserve, many have braced for stock market volatility in their 401(k) plans. But experts say some plans could face another risk: employer bankruptcy. The risks of guaranteed interest accountswatch nowGalli said there's also a hidden risk with "guaranteed interest accounts," a common 401(k) asset that provides interest for a set amount of time. When a 401(k) plan shuts down, employees may see "adjustments" to their guaranteed interest accounts, which reduce the assets' value. Consider rolling over old 401(k) accounts

Persons: Dan Galli, Daniel J, Galli, Ashton Lawrence, there's Organizations: Getty, Federal Reserve, Galli & Associates, Ashton, Mariner Wealth Advisors Locations: Norwell , Massachusetts, Greenville , South Carolina

☆ How mapping Mars could help us live there
▼ + stars: | 2023-09-08 | by ( Rebecca Cairns | ) edition.cnn.com time to read: +7 min

“It might sound silly, but maybe in the future it will be very common for people to go to Mars and even live there,” says Atri. EMM/EXI/Dimitra Atri/NYU Abu Dhabi Center for Astrophysics and Space ScienceDust and desertificationAstronomers have been mapping Mars for nearly two centuries. NASA’s Goddard Institute of Space Sciences is now using NYUAD’s map in its Mars 24 software, which maintains precise timings on Mars. The new images show details of Mars’ topography, like the Valles Marineris, which is known as the “Grand Canyon of Mars,” in stunning detail. But elsewhere, other researchers are already examining how innovations being developed to grow food on Mars could impact Earth.

Persons: Dimitra Atri, ”, Wilhelm Beer, Johann von Mädler, Giovanni Schiaparelli’s, NASA’s, Scott Dickenshied, Mars, Atri Organizations: CNN, Planet, NASA, European Space Agency, ESA, New York University Abu Dhabi, Mars, United, United Arab Emirates, Mars Research, NYUAD, NYU Abu Dhabi Center for Astrophysics, NASA’s Goddard Institute of Space Sciences, United Arab Locations: Texas, United Arab, Mars, Germany, Italian, Africa, United Arab Emirates, Canada

☆ 6 cruise passengers have gone overboard in 3 months. Here's why most ships still don't use detection tech for rescues.
▼ + stars: | 2023-08-31 | by ( Hannah Towey | ) www.businessinsider.com time to read: +18 min

An average of 19 people go overboard on cruise ships every year, industry data has found. Less than two months after Peale fell overboard, 30-year-old Jaylen Hill also went overboard a Carnival cruise ship. In total, at least five passengers have gone overboard cruise ships this summer, including Hill. The incidents occurred on the cruise ships Carnival Elation, Spectrum of the Seas, Emerald Princess, Mariner of the Seas, and Wonder of the Seas. A Coast Guard spokesperson said there are no regulations preventing cruise lines from installing MOB detection systems on their vessels.

Persons: Ronnie Peale Jr, Peale, Linda Peale, —, Travis Heggie, Hill, Eric Rodriguez, Princess, Joe Perez, Ross Klein, Paul McConnell, Jamie Barnett, James Michael Grimes, Grimes, CLIA, it's, Mike Collier, MOBtronic, Sen, Richard Blumenthal, Collier, Blumenthal, Linda Peale Jennilyn Blosser, Blosser, didn't, Barnett, Jim Walker Organizations: US Coast Guard, Carnival, Coast Guard, Bowling Green State University, Cruise Lines International Association, Jacksonville , Florida . U.S . Coast, Washington Post, Carnival Corporation, U.S . Coast Guard, Getty, Cruise Vessel Security, Safety, Guard, International Cruise Victims Association, Line International Association, USA, Royal Caribbean, International, Organization Locations: Virginia's Shenandoah, Connecticut, Hill, Jacksonville , Florida . U.S, Richard Blumenthal of Connecticut, MOBtronic

☆ A passenger went overboard Royal Caribbean's Wonder of the Seas, the largest operating cruise ship in the world at 18 decks tall and 230,000 tons
▼ + stars: | 2023-08-30 | by ( Erin Snodgrass | Hannah Towey | ) www.businessinsider.com time to read: +4 min

A passenger went overboard the massive Wonder of the Seas cruise ship on Tuesday near Cuba. The Royal Caribbean ship is the largest passenger cruise ship currently in service. AdvertisementAdvertisementA passenger went overboard the largest cruise ship in the world on Tuesday, a Royal Caribbean spokesperson confirmed to Insider. The 230,000-ton cruise ship was two days into its seven-day itinerary after it left Port Canaveral, Florida, on Sunday. Overboard incidentsThis is at least the sixth person to go overboard a cruise ship in the past three months.

Persons: Princess, Travis Heggie, CLIA Organizations: Royal, Coast Guard, Morning, Fox, Passengers, Facebook, Royal Caribbean, US Coast Guard, South, Cuban Border Guard, Hurricane Idalia, Cruise, Bowling Green State University, Cruise Lines International Association Locations: Cuba, Royal Caribbean, Miami, South Florida, Port Canaveral , Florida, Florida

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