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☆ His Mind Helped Rebuild New York. His Body Is Failing Him.
▼ + stars: | 2023-09-06 | by ( Christopher Maag | More About Christopher Maag | ) www.nytimes.com time to read: +2 min

A journalist who hears the Olympics pitch describes Mr. Doctoroff as a man whose eyes “gaze past you, out towards the horizon.”Why this constant drive? His brother Andy says Mr. Doctoroff should be more introspective, and who knows. Mr. Doctoroff is aware that he graduated Harvard aimless and lazy. Wound up in New York by following his wife, Alisa, who got a job in town. It is hard work seeing the future, and so Mr. Doctoroff puts everything into the job.

Persons: Doctoroff, Andy, Harvard aimless, Alisa, “, ”, Stephen Ross, Doctoroff’s, ’ ” Sharon Greenberger Organizations: Harvard, Companies, Ivy League Locations: New York, Bluffed, Bronx, Staten Island

[1/2] A view shows packets of snacks on the shelves inside a Haldiram's restaurant in Mumbai, India, September 6, 2023. Tata Consumer shares surged and closed nearly 4% higher in Mumbai trade after Reuters reported news of the talks. The potential acquisition represents an exciting opportunity for Tata, the person said, adding: "Tata (Consumer) is seen as a tea company. A spokesperson for Tata Consumer Products said it "does not comment on market speculation". The $10 billion valuation sought by Haldiram's for the deal translates to 6.6 times its annual revenue of $1.5 billion, sources said.

Persons: Sriram, Tata, Mukesh Ambani's, Tetley, Haldiram's, Krishan Kumar Chutani, Bain, Ankur Bisen, Manohar Lal Agrawal, Aditya Kalra, Chris Thomas, Edwina Gibbs, Alexandra Hudson Organizations: REUTERS, India Tata, Tata, Pepsi, Bain Capital, Tata Consumer Products, Starbucks, Tata Consumer, Reuters, Haldiram's, Euromonitor International, Tata Group, CNBC TV18, Bikaji Foods, Alexandra Hudson Our, Thomson Locations: Mumbai, India, MUMBAI, DELHI, Singapore, United States, Bikaji

The logo of Calgary-based Enbridge, one of North America's largest energy infrastructure companies, is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. Analysts, however, were surprised at the timing, the scale and impact such a deal would have on the company's already leveraged balance sheet. "I don't see how you can keep piling more issuance - debt and equity - on this company at these rates. Enbridge shares provisionally closed down 5.9% at C$45.31, while the benchmark Canadian share index was off 0.9%. "While Enbridge paid a reasonable price, high leverage and funding gap could act as overhang," Wells Fargo analysts said in a note.

Persons: Chris Helgren, Ryan Bushell, Enbridge, Greg Ebel, Morningstar, Stephen Ellis, Ellis, Wells, Alan Armstrong, Mrinalika Roy, Nia Williams, Denny Thomas, Anil D'Silva, Alexandra Hudson, Devika, Marguerita Choy Organizations: REUTERS, Dominion Energy, Ohio Gas, Public Service Co, Newhaven Asset Management, Management, TC Energy, Williams Companies, Barclays CEO Energy, Power Conference, Thomson Locations: Calgary, North, Vancouver , British Columbia, Canada, North Carolina, North America, Newhaven, Enbridge, New York, Bengaluru

☆ Stocks making the biggest moves premarket: Enbridge, Roku, GitLab and more
▼ + stars: | 2023-09-06 | by ( Pia Singh | ) www.cnbc.com time to read: +4 min

Roku also lifted its third-quarter revenue guidance, saying it now expects revenue to range between $835 million and $875 million, versus prior guidance of $815 million. Along with the workforce reductions, Roku said it plans to consolidate office space and review its content slate to trim expenses. Zscaler posted adjusted earnings of 64 cents per share while analysts polled by LSEG, formerly known as Refinitiv, expected 49 cents. Additionally, the cybersecurity company said earnings and revenue should come in ahead of what analysts anticipate in the current quarter. GitLab — Shares of the technology platform jumped 6.5% in premarket trading following a strong second-quarter report postmarket Tuesday.

Persons: Roku, Zscaler, Needham, GitLab, LSEG, Asana, AeroVironment, Sam Subin, Michelle Fox Theobald, Jesse Pound Organizations: LSEG, Revenue, Dominion Energy, Dominion, UBS, Southwest Airlines —, Southwest, Novo Nordisk — Locations: Hastings, Hudson , New York, Enbridge, Dallas, Danish, Europe

☆ Turkey hikes inflation view on path to policy orthodoxy
▼ + stars: | 2023-09-06 | by ( Huseyin Hayatsever | ) www.reuters.com time to read: +3 min

Presenting the new forecasts, Erdogan said that tight monetary policy would lower inflation to single digits, adding Turkey will not compromise on economic expansion as policies are adjusted. It trimmed GDP growth forecasts to 4.4% this year and 4% next year, which is still higher than most economists expect, from 5% and 5.5% previously. The economy is expected to slow through year-end - and ahead of nationwide municipal elections set for March next year - as stimulus tied to the May elections fades and as the policy rate hikes, to 25% from 8.5%, start to weigh. A Reuters poll last month showed expectations of 2.9% full-year growth, lower than trend in the emerging market economy that seeks to reverse a years-long exodus of foreign investors. Inflation will "be very high for an extended period of time, which will trigger second-round effects such as wage settlements."

Persons: Tayyip Erdogan, Vladimir Putin, Mikhail Klimentyev, Erdogan, Tatha Ghose, Huseyin Hayatsever, Jonathan Spicer, Peter Graff, Alexandra Hudson Organizations: Sputnik, REUTERS Acquire, Reuters, AK, Ece Toksabay, Alexandra Hudson Our, Thomson Locations: Sochi, Russia, Kremlin, ANKARA, Turkey, Istanbul, Ankara

☆ Oil jumps as Saudi Arabia and Russia extend supply cuts to end-2023
▼ + stars: | 2023-09-05 | by ( Natalie Grover | ) www.reuters.com time to read: +2 min

Riyadh's decision to extend its 1 million bpd voluntary cut will be reviewed monthly to consider whether to deepen the cut or increase production, state news agency SPA said on Tuesday. It has been cutting output and exports in tandem with Saudi Arabia on top of existing OPEC+ supply reductions. Russia had said it would cut oil exports voluntarily by 500,000 bpd, about 5% of its output, in August and by 300,000 bpd in September. Although Saudi Arabia was widely expected to extend its voluntary cuts into October, and Russia had indicated that it too planned on expanding its cut through next month, the three month extension was unexpected. Brent, which is used to price over three-quarters of the world's traded oil, has been rising since late June, after Riyadh first announced its voluntary cuts.

Persons: Nick Oxford, Alexander Novak, Craig Erlam, Brent, Natalie Grover, Katya Golubkova, Andrew Hayley, Sharon Singleton, Jason Neely, Jan Harvey, David Goodman, Alexandra Hudson Organizations: Midland , Texas U.S, REUTERS, Brent, West Texas, OPEC, Reuters, Alexandra Hudson Our, Thomson Locations: Midland , Texas, Saudi Arabia, Russia, U.S, Brent, Riyadh, London, Tokyo, Beijing

☆ The CEO of airline Qantas is stepping down with a $24 million golden handshake, with one politician calling it the 'swindle of the century'
▼ + stars: | 2023-09-05 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +3 min

Qantas' CEO is stepping down from his role two months early and will receive a $24 million bonus. AdvertisementAdvertisementAlan Joyce, CEO of Australian national airline Qantas, is facing criticism for the $24 million golden goodbye he will receive after announcing that he is stepping down from his role early on Monday. "If the Board allows Mr Joyce to walk away with $24 million after illegally sacking 1,700 people, gouging customers and while subject to an ACCC prosecution, it will be the swindle of the century," Sheldon said. If Mr Joyce walks away with his $24 million, he will make their annual salary in less than 6 hours." AdvertisementAdvertisementJoyce earned $125 million over the 15 years he spent as Qantas' CEO and was even ranked the highest-paid CEO in Australia in 2018, Sky News Australia reported.

Persons: Alan Joyce, Joyce, Vanessa Hudson, Joyce's, Tony Sheldon, Mr Joyce, Sheldon, Michael Kaine Organizations: Qantas, Australian, Australian Competition, Consumer Commission, Australian Labor Party, Transport Worker's Union of Australia, Australian Aviation, Sky News Australia, Transport Workers Union, ABC, Australia's Federal Locations: Australia

☆ The Glorious History of the Erie Canal
▼ + stars: | 2023-09-05 | by ( Katherine Rosman | More About Katherine Rosman | ) www.nytimes.com time to read: +1 min

Was it as cool as playing tennis with Venus (if you can characterize my on-court performance relative to hers as “playing tennis”)? And I was amazed as we motored across the state, lock by lock through the Erie Canal, a waterway that I previously knew of only from middle school geography class. Yes, I’m a little obsessed with the Erie Canal — an outcome to reporting this story that I never anticipated. Because so much of my article about Geraldo Rivera needed to be about Geraldo Rivera, my cutting room floor is covered with details about the Canal. The purpose was to allow for the transport of goods and agriculture back and forth to the Midwest.

Persons: Geraldo Rivera, DeWitt Clinton’s, Geraldo, let’s, Clinton Organizations: Gov Locations: Manhattan, Hudson, New York, Erie, Aren’t, Rome, Lake, Buffalo, Albany

☆ India or Bharat? President's G20 dinner invitation sparks name-change row
▼ + stars: | 2023-09-05 | by ( Rupam Jain | ) www.reuters.com time to read: +3 min

Murmu is hosting a reception for G20 leaders during the group's summit on Saturday and invitations were sent from her office. India is also called Bharat, Bharata, Hindustan - its pre-colonial names - in Indian languages and these are used interchangeably by the public and officially. High offices in the country have typically stuck to titles such as President of India, Prime Minister of India and Chief Justice of India while communicating in English. Supporters of the name change in the invitation said British colonial rulers had coined the name India to overshadow Bharat and forge a British legacy. Hindu groups linked to BJP said the G20 summit provided the best opportunity to shed India's colonial baggage.

Persons: Adnan Abidi, Droupadi, Bharat, Narendra Modi's, Rajeev Chandrasekhar, Mamata Banerjee, Shashi Tharoor, Rupam Jain, YP Rajesh, Alexandra Hudson Organizations: REUTERS, Bharatiya Janata Party, BJP, Bharat, INDIA, Developmental, Alliance, Reuters, YP, Alexandra Hudson Our, Thomson Locations: New Delhi, India, DELHI, Bharata, Hindustan, British, INDIA

☆ Qantas CEO’s exit will barely reduce turbulence
▼ + stars: | 2023-09-05 | by ( Antony Currie | ) www.reuters.com time to read: +5 min

Alan Joyce, Chief Executive Officer of Qantas, speaks in front of a Qantas 747 jumbo jet, before its last departure from the Sydney Airport in Sydney, Australia, as Qantas retires its remaining Boeing 747 planes early due to the coronavirus disease (COVID-19) pandemic, July 22, 2020. In July Canberra rejected Qatar Airways’ request to add 21 flights a week to key Australian cities. Gina Cass-Gottlieb, the watchdog’s chair, is targeting a fine of at least A$250 million ($162 million), she told ABC’s RN radio programme. Qantas customers can now get a cash refund, while credits issued by the group’s budget airline, Jetstar, now last indefinitely. On Aug. 24 Qantas reported record pre-tax earnings for the year to June 30 of A$2.47 billion.

Persons: Alan Joyce, Loren Elliott, Vanessa Hudson, Gina Cass, Gottlieb, Hudson, Richard Goyder, Buckle, Joyce, “, ABC’s, Una Galani, Katrina Hamlin Organizations: Qantas, Sydney Airport, Boeing, REUTERS, Rights, Reuters, Australian Competition, Consumer Commission, Virgin Australia, Regional Express, Qatar Airways, Jetstar, Thomson Locations: Sydney, Australia, Canberra

☆ Singapore to expand ocean CO2 removal project as scientists call for more research
▼ + stars: | 2023-09-05 | by ( David Stanway | ) www.reuters.com time to read: +3 min

A view shows the interior of Equatic's pilot ocean carbon removal project at the Tuas Desalination Plant in western Singapore, August 30, 2023. As scientists call for more research into ocean carbon dioxide removal (OCDR), Singapore's Public Utilities Board (PUB) has built a plant that uses electricity to extract CO2 from seawater, allowing it to absorb more greenhouse gas from the atmosphere when it is pumped back out into the ocean. At the plant, seawater is run through an electrolyser, which converts dissolved CO2 into calcium carbonate and produces hydrogen. On Tuesday, more than 200 scientists said in an open letter that OCDR research should be prioritised not only to maximise its potential, but also head off potential risks. But billions of tons of CO2 need to be removed from the atmosphere, and more investment in OCDR research was needed urgently, he said.

Persons: David Stanway, Equatic, Gurdev Singh, OCDR, Gaurav Sant, Sir David King, Alexandra Hudson Organizations: REUTERS, Rights, Singapore's Public Utilities Board, U.S, University of California, UCLA, Alexandra Hudson Our, Thomson Locations: Singapore, Rights SINGAPORE, Los Angeles

A shareholders' agreement is being reworked to make the commitments from both shareholders legally binding, Kabuswe added. The legal details of the agreement and reinstatement of the KCM board, would be finalised within the next three months, the minister said. The forced takeover nearly paralysed operations at the KCM and triggered protracted battles, with Vedanta mounting legal battles including approaching an arbitration court in London to recover the copper assets. The government, which seeks to triple copper output over the decade, is also searching for a new investor for Mopani Copper Mines. Reporting by Chris Mfula; Writing by Felix Njini; Editing by Olivia Kumwenda-Mtambo, David Evans, Alexandra HudsonOur Standards: The Thomson Reuters Trust Principles.

Persons: Paul Kabuswe, Kabuswe, Anil Agarwal, Edgar Lungu's, Hakainde Hichilema, Vedanta, KCM, ZCCM, Chris Mfula, Felix Njini, Olivia Kumwenda, David Evans, Alexandra Hudson Organizations: Vedanta Resources, IH, Vedanta, Mopani, Mining, Alexandra Hudson Our, Thomson Locations: Zambia, LUSAKA, KCM, ZCCM, London, Lusaka

☆ Germans question value of working after new welfare increases - survey
▼ + stars: | 2023-09-05 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Michael Dalder/File photo Acquire Licensing RightsBERLIN, Sept 5 (Reuters) - More than half of Germans believe work is not worthwhile after the government's planned increase in welfare payments and child benefits, a survey showed on Tuesday. Welfare payments, dubbed "citizens' money", for more than 5.5 million jobless in Germany will rise to 563 euros ($605.06)from 502 euros per month for single people from next year. They will receive up to 636 euros per month for their first child and another 530 euros for every other child. Germans are divided whether the increase in welfare payments is justified with 45% in favour and 44% against it, the survey of 1005 respondents showed. Finance Minister Christian Lindner said last week in a presentation on the basic child allowance that benefits should not discourage people from working.

Persons: Michael Dalder, it's, pollster INSA, Christian Lindner, Lindner, Riham Alkousaa, Maria Martinez, Alexandra Hudson Organizations: REUTERS, Rights, Bild, Finance, Alexandra Hudson Our, Thomson Locations: Munich, Germany

☆ What Wall Street is telling employees about returning to the office, from Goldman Sachs to JPMorgan and Blackstone
▼ + stars: | 2023-09-04 | by ( Kaja Whitehouse | Michelle Abrego | ) www.businessinsider.com time to read: +11 min

According to Goldman's chief economist, Jan Hatzius, some 25% of all US workers work from home at least part of the week. So, which Wall Street firms are still letting employees work from home at least part of the time? On days employees are in, the firm focuses on taking "advantage of our shared location," it reads. At that time, the firm called for its employees to come into the office a minimum of three days a week. Since then, most employees have been in the office throughout the week, according to a person familiar with the firm.

Persons: Goldman Sachs, David Solomon, Citadel's Ken Griffin, Joe Biden, Jan Hatzius, Hatzius, Jamie Dimon, Goldman, Goldman Sachs Goldman Sachs, —, Dimon, JPMorgan Gretchen Ertl, Jane Fraser, she's, Fraser, they're, Citigroup Patrick, Fallon, Brian T, Moynihan, Bank of America Shannon Stapleton, Reuters Morgan Stanley Morgan Stanley's, James Gorman, Gorman, Gorman doesn't, Morgan Stanley, we're, James Gorman SAUL LOEB, Larry Fink, Larry Fink Spencer Platt, Citadel's Griffin, Griffin, Raj Mahajan, Ken Griffin, Milken, Mike Blake, Blackstone, Stephen Schwarzman Roy Rochlin, Nir Bar Dea, Izzy Englander's Organizations: JPMorgan, Blackstone, Morning, Citadel, Bloomberg, Business, Deloitte, JPMorgan JPMorgan, Goldman, Citigroup, Street, Bank, Economic, Getty Images Bank of America Bank of, Bank of America, Reuters, Getty, BlackRock BlackRock, Yards, Labor, Fox, BlackRock, Citadel Securities, Blackstone Blackstone, Bridgewater Bridgewater Associates, Bridgewater Associates, Bridgewater Locations: Citadel, Davos, Switzerland, New York City

☆ Alan Joyce: Qantas CEO to step down early as Australian airline's reputation under scrutiny
▼ + stars: | 2023-09-04 | by ( ) edition.cnn.com time to read: +2 min

Reuters —Qantas Airways said on Tuesday that long-serving CEO Alan Joyce would exit the company two months earlier than previously flagged as a reputational turbulence engulfs Australia’s flagship carrier. Joyce’s early retirement will see CEO Designate Vanessa Hudson, the first woman to lead the century-old airline, take charge on Wednesday. Chairman Richard Goyder said the executive transition came at a “challenging time” for the airline and its staff. Qantas had announced a raft of leadership changes in June in a bid to increase focus on key areas as the airline completes its post-pandemic recovery. The airline said newly appointed Chief Financial Officer Rob Marcolina will also start early alongside Hudson.

Persons: Alan Joyce, Vanessa Hudson, Anthony Albanese’s, ”, Joyce, Richard Goyder, “, ” Goyder, Rob Marcolina Organizations: Reuters — Qantas Airways, Qantas, Qatar Airways, “, Hudson Locations: Australia

CANBERRA, Australia (AP) — The boss of Australian airline Qantas said Tuesday he would leave his job immediately — two months earlier than planned — following a series of embarrassing revelations about the company, including allegations it sold tickets for flights that had already been canceled. The airline said Vanessa Hudson would take over as managing director and group chief executive from Wednesday. The announcement came after a difficult few weeks for Qantas and Joyce. Qantas previously acknowledged its standards had fallen well short of expectations as the airline emerged from the COVID-19 pandemic. The airline has since come under pressure to pay back the AU$2.7 billion it received from the Australian government during the coronavirus pandemic.

Persons: Alan Joyce, Vanessa Hudson, Joyce, Qantas “, ”, Vanessa, Richard Goyder, “ Alan, ” Goyder, Hudson Organizations: Qantas, Australian Competition, Consumer Commission, “ Locations: CANBERRA, Australia

☆ Belgian Origi joins Forest on loan from Milan
▼ + stars: | 2023-09-02 | by ( ) www.reuters.com time to read: +1 min

Sept 1 (Reuters) - Belgian international Divock Origi has joined Nottingham Forest on a season-long loan from AC Milan, the Premier League side announced on Friday. "Divock returns to the Premier League to further add strength to our squad. Origi joined Milan on loan from Liverpool last summer after making 36 appearances in all competitions, including eight in the Champions League. During his eight-year spell he won an FA Cup, League Cup and Premier League title with Jurgen Klopp's side, as well as scoring in semi-finals and final of Liverpool's 2019 UEFA Champions League-winning campaign. Forest visit Chelsea in the Premier League on Saturday.

Persons: Divock Origi, Origi, Andrew Omobamidele, Ibrahim Sangare, Callum Hudson, Odysseas Vlachodimos, Nicolas Dominguez, Nuno Tavares, Divock, Ross Wilson, Jurgen Klopp's, Angelica Medina, Gerry Doyle Organizations: Divock, Nottingham Forest, AC Milan, Premier League, Forest's, Milan, Liverpool, Champions League, Merseyside, League Cup, UEFA, League, Chelsea, Thomson Locations: Belgian, England, Argentine, Portuguese, Belgium, Mexico City

☆ Theater to See Near N.Y.C. in September: ‘Ulysses,’ ‘The Pianist’ and More
▼ + stars: | 2023-09-01 | by ( Laura Collins-Hughes | ) www.nytimes.com time to read: +3 min

Here is a chance to see it live, in a McCarter Theater Center-Berkeley Repertory Theater co-production. The play was a Pulitzer Prize finalist in 2007, when Vogel was on the jury. James Warwick directs the world-premiere production. Directed by John Collins, the company’s artistic director, this world-premiere production instead samples chunks from each of the novel’s 18 episodes, letting them erupt in all their verbosity, vulgarity, vivacity and — it is Joyce, after all — opacity. Cross that with the trans-Atlantic success of “Six,” and you arrive at this production: a Lizzie Borden rock musical with an all-female cast.

Persons: Paula Vogel, underproduced, Davis, Vogel, Donald Margulies, ”, Karen Allen, Reed Birney, James Warwick, Ulysses ’, “, James Joyce’s, Leopold Bloom’s, John Collins, Joyce, Scott Shepherd, Wladyslaw Szpilman, Polanski, Emily Mann, Iris Hond, georgestreetplayhouse.org, Lizzie ’, Lizzie Borden, Steven Cheslik, Tim Maner, Alan Stevens Hewitt, Lainie Sakakura, twhartford.org Organizations: McCarter Theater Center, Berkeley Repertory Theater, McCarter Theater Center , Princeton, Shakespeare & Company, Service, Fisher, New Brunswick Performing Arts Center Locations: California, N.J, Lenox, Dublin, Bard, Annandale, Hudson, N.Y, Polish, Warsaw, New Brunswick Performing Arts Center , New Brunswick, TheaterWorks Hartford, Hartford, Conn

☆ Forest sign Greece keeper Vlachodimos from Benfica
▼ + stars: | 2023-09-01 | by ( ) www.reuters.com time to read: +1 min

Sept 1 (Reuters) - Nottingham Forest have signed Greece goalkeeper Odysseas Vlachodimos from Benfica, the Premier League club said on Friday as their busy transfer deadline day continued. The 29-year-old, who was ever-present last season as Benfica won the Portuguese title, has signed a four-year deal. He will bring a wealth of experience to the City Ground having played 225 times for Benfica in all competitions. The German-born keeper kept 21 clean sheets in 34 league appearances last season. Earlier on Friday, Forest signed winger Callum Hudson-Odoi from Chelsea on a three-year deal and also sealed the signing of Bologna captain Nicolas Dominguez on a five-year deal.

Persons: Odysseas Vlachodimos, Ross Wilson, Forest, Callum Hudson, Nicolas Dominguez, Martyn Herman, Ken Ferris Organizations: Nottingham Forest, Benfica, Premier League, Bologna, Thomson Locations: Nottingham, Greece, Chelsea

☆ Study finds direct link between greenhouse gas emissions and polar bear survival
▼ + stars: | 2023-09-01 | by ( Amarachi Orie | ) edition.cnn.com time to read: +7 min

Polar bears live in 19 populations across the Arctic and are found in Canada, the United States, Russia, Greenland and Norway, according to conservation organization Polar Bears International. They found that the number of days polar bears were forced to go without food increased as greenhouse gas emissions accumulated. That allowed them to calculate the impact of cumulative emissions on the rate of polar bear survival. This would be about 60-plus gigatons over the 30-plus year life span of a polar bear in the southern Beaufort Sea. “They found that when we emit more carbon dioxide, it directly affects how many polar bear cubs can survive.

Persons: Steven Amstrup, Kt, Katharina M Miller, Amstrup, ”, Cecilia Bitz, Kirsten Zickfeld, Zickfeld, ” Amstrup Organizations: CNN —, Polar Bears, Kt Miller, Polar, University of Washington, University of Wyoming, ESA, US Department of Interior, Bears, CNN, Department, US Department of, Simon Fraser University Locations: Canada, United States, Russia, Greenland, Norway, Chukchi, Hudson Bay, Beaufort

☆ Russia sank ships to protect a key bridge from Ukraine's naval drones. It might not be enough to keep the small exploding vessels from hitting their targets.
▼ + stars: | 2023-08-31 | by ( Chris Panella | ) www.businessinsider.com time to read: +6 min

Russia is sinking ships to protect the Kerch Bridge to Crimea from Ukraine's naval drones. The barrier is estimated to be less than a mile in length — a small fraction of the massive 12-mile-long bridge. The ships Russia appears to be sinking were destined for the scrapyard, but could have been valuable for recycling parts. AdvertisementAdvertisementIn July, an explosion apparently caused by a surface drone rocked a section of the Kerch Bridge, wrecking the roadbed and killing two adults. With Crimea being among the most important territory for Kyiv to reclaim in the war, the Kerch Bridge is an important bond to sever.

Persons: Bryan Clark, —, Clark, Vladimir Putin, STRINGER Organizations: Service, Twitter, Russian Navy, US Navy, Hudson Institute, Getty, Russian, Kremlin, Ukrainian, Sig Locations: Russia, Kerch, Crimea, Wall, Silicon, Ukraine, AFP, Ukrainian, Kyiv, Russian, Novorossiysk

☆ A Time Capsule Appeared to Be Full of Dirt. Then, They Looked Closer.
▼ + stars: | 2023-08-31 | by ( Livia Albeck-Ripka | More About Livia Albeck-Ripka | ) www.nytimes.com time to read: +1 min

The unveiling of a nearly 200-year-old time capsule yielded great disappointment earlier this week, when the box — opened at the U.S. Military Academy in West Point, N.Y., during a livestream watched by thousands — appeared to contain only dirt. After days of tense speculation, Paul Hudson, the academy’s archaeologist, peered into the roughly one-foot-square lead vessel with a flashlight and soon declared that “the box didn’t quite meet expectations.”As it turned out — Mr. Hudson just had to look closer. After Monday’s event, Mr. Hudson returned the box to his lab. The next day, he dug deeper into the container and unearthed six silver coins dating from 1795 to 1828 and a commemorative medal from 1826, Jennifer Voigtschild, the academy’s command historian, said on Thursday. In the moments after the box was first opened, Ms. Voigtschild said, she felt “baffled that there would be this very, very, well constructed box, that would have nothing in it.” But, she said, as Mr. Hudson began removing pieces of matter from the box while onstage and examining them, her hope was somewhat revived.

Persons: —, Paul Hudson, peered, Hudson, Jennifer Voigtschild, Voigtschild, “ Organizations: U.S . Military Academy Locations: West Point, N.Y

☆ CNN’s new chief faces a crucial test on several fronts that will define the network’s future
▼ + stars: | 2023-08-30 | by ( Oliver Darcy | ) edition.cnn.com time to read: +7 min

Discovery chief executive could have waited to appoint a singular leader of CNN after firing his former hand-picked network boss Chris Licht. By appointing a new chief executive and chairman, he’s taking an inherent risk as the 2024 presidential cycle heats up. Under former network boss Jeff Zucker, staffers never questioned what CNN’s mission statement was. It will be illuminating to hear more from Thompson on this matter, given he will also be responsible for CNN’s editorial. During his decades in media, Thompson earned a reputation for being a confident executive with thick skin who masterfully executes a vision, all while maintaining the support of the troops.

Persons: CNN —, Mark Thompson, Thompson, we’ve, ” Thompson, “, ►, Bob Iger, ” ► It’s, David Zaslav, Chris Licht, —, Amy Entelis, Virginia Moseley, Eric Sherling, David Leavy —, Zaslav, he’s, Jeff Zucker, Donald Trump, ► Licht, Licht, Zucker, Chris Cuomo, Don Lemon, nosediving, Licht’s, ” ►, Trump, They’ve Organizations: CNN, CNN — It’s, The New York Times, BBC, Times, Warner Bros . Discovery, MSNBC Locations: Hudson Yards

☆ $1.1 Million Homes in Connecticut, Virginia and Idaho
▼ + stars: | 2023-08-30 | by ( Angela Serratore | ) www.nytimes.com time to read: +1 min

Its proximity to the center of town puts it within walking distance of restaurants and shops. The high-end Mayflower Inn & Spa is less than half a mile away. Driving to the Berkshires, in Massachusetts, takes about 90 minutes, as does driving to the Hudson Valley, in New York. To the left is a living room with a fireplace, built-in bookshelves and windows looking out onto the front lawn. Off this space is a cozy home office with more built-ins.

Persons: Frederick Gunn Organizations: Yale Locations: Conn, Hartford and New Haven, Massachusetts, Hudson, New York, Manhattan

☆ Democrats Want to Flip N.Y. House Seats. But There’s a Primary Problem.
▼ + stars: | 2023-08-28 | by ( Nicholas Fandos | More About Nicholas Fandos | ) www.nytimes.com time to read: +1 min

There is time for leaders like Representative Hakeem Jeffries, the top House Democrat and a New Yorker, to intervene if they want to. While the Democratic Congressional Campaign Committee rarely interferes in open primaries, there is a tradition of less direct maneuvering to boost preferred candidates and edge others out. The leader’s allies argue that the competition will strengthen their nominees and brush off concerns that Democrats will be short on funds. “Leader Jeffries has no plan to endorse in any Democratic primary in New York,” said Christie Stephenson, his spokeswoman. “He is confident that whoever emerges in these competitive districts will be strongly positioned to defeat the extreme MAGA Republican crowd.”

Persons: Hakeem Jeffries, Jeffries, Michelle Hinchey, Laura Curran, Tom Suozzi, George Santos, —, ”, Christie Stephenson Organizations: Democrat, New Yorker, Democratic Congressional, Mr, Democratic, PAC, New, “, Republican Locations: New, Hudson, Nassau County, Long, New York, Torrey Pines, Calif

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