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It's an urgent question — what do we do with the 40 million tons of plastic waste we produce annually? One year of plastic waste is roughly enough to smother the entirety of Manhattan a meter deep, and it has to go somewhere. For decades, America sent its plastic waste to countries like China and Indonesia. Unlike aluminum or glass, the plastic that can be recycled rarely results in replacing one recycled water bottle with another. By downcycling a tiny portion of plastic waste, companies can genuinely reuse a relatively small share of plastic, while convincing consumers that the industry has created a circular economy of infinitely recycled plastic.
Persons: Kartik Byma, they're, Tim Miller, Susan Freinkel, Nestlé, Lea Suzuki, Larry Thomas, what's, Taylor Dorrell, Biden, that's, Taylor, Miller, Kelley Sayre, Vicky Abou, it's, Mike Bloomberg, Bloomberg, Espen Barth Eide, Norway's, Abou, It's Organizations: Getty, America, Chevron, Exxon, Paper Stock, Plastics Industry Association, Organization for Economic Co, San Francisco, NPR, International Energy Agency, ExxonMobil, Alterra Energy, National Renewable Energy Laboratory, Royal Paper Stock, Akron, Buckeye Environmental, Business, Eastman Chemical Co, American Chemistry Council, New, Beyond Plastics, UN, Buckeye Environmental Network Locations: America, Manhattan, China, Thailand, Malaysia, Indonesia, AFP, Ohio, American, San Francisco, Akron, Taylor Dorrell Akron , Ohio, United States, Oregon, New York City
Ford Motor on Wednesday evening delivered higher than expected profits in the first quarter, driven by strength in its commercial business. Quarterly commentary Ford Blue , which represents Ford's gas-powered and hybrid vehicles, saw volumes and revenues down 11% and 13%, respectively. The lower volumes shouldn't be much of a surprise given Ford's pivot toward making more in-demand hybrids and ICE vehicles. Ford raised its adjusted free cash flow outlook for the year by $500 million to between $6.5 billion and $7.5 billion. Lowered capex with higher profits is what we want to see because greater capital efficiency should translate to a higher multiple.
Persons: Wall, Adam Jonas, Morgan Stanley —, Ford, we're, Jim Farley, Farley, Jim Cramer's, Jim Cramer, Jim, Bill Pugliano Organizations: Ford, Automotive, LSEG, General Motors, Tesla, Ford Pro, Pro, EV, Software, CNBC, Ford Dearborn Plant, Getty Locations: Ford, Dearborn , Michigan
Tesla owners have told me for years that the Supercharger network was a huge selling point, and this trip proved that to be true. On the return trip, I simply plugged in a Supercharger along my route into the computer and headed down the road. The truck immediately began charging at warp speed compared to my other two tries, adding 140 miles of range every hour. I dropped off the truck with about 125 miles of range right next to a Supercharger. On my next road trip in an EV, I'll double-check my adapters — and not count on random ones to get the job done.
Persons: Superchargers, Graham, Supercharging Organizations: Graham Rapier Locations: Johnson City , Texas
His death was confirmed by his son, Miguel Carter DeCoste. Mr. Carter was raised in a bilingual home next door to a synagogue in a predominantly Italian neighborhood in Brooklyn. In his first stage role, at 9, Mr. Carter played the Portuguese explorer Vasco da Gama on a voyage of discovery. It was not him but a much younger Terry Carter who had died in a hit-and-run accident in Los Angeles by a pickup truck driven by the rap mogul Marion “Suge” Knight. Slightly misquoting Mark Twain, Mr. Carter posted on social media: “Rumors of my death have been greatly exaggerated.”
Persons: Terry Carter, Duke Ellington, Katherine Dunham, Miguel Carter DeCoste, Carter, Cecil Taylor, Vasco da Gama, Marion “ Suge, Mark Twain Locations: Midtown Manhattan, Italian, Brooklyn, Portuguese, China, Europe, Los Angeles
United Parcel Service's (UPS) newly launched electric delivery truck is seen in Compton, California, U.S., September 13, 2023. United Parcel Service reported first-quarter profit above estimates on Tuesday as cost cuts partly offset subdued demand for small-package delivery, sending its shares up 3.5% premarket. UPS reported a 3.2% decline in average daily volumes in its domestic segment and a 5.8% drop in its international segment, but said volumes "showed improvement through the quarter". UPS recently secured the contract to provide Priority Mail and other speedy services for the U.S. Its revenue of $21.71 billion was below estimates of $21.86 billion.
Organizations: United Parcel Service, UPS, Teamsters, U.S . Postal Service, FedEx Locations: Compton , California, U.S, Atlanta
One man was charged with drunken driving after crashing his truck and spilling 11,000 salmon onto a highway in Oregon. This week, the man in Belgium was acquitted of a drunken driving offense — he wasn’t a boozer, the court found; his body was essentially making its own beer. It’s the latest turn in the spotlight for the strange disorder, which periodically appears in a flurry of headlines after a particularly odd or egregious case. Most incidents involve accusations of drunken driving, when people who have the disorder, known as A.B.S., get behind the wheel of a car believing they are sober. Reactions to such defenses often range from admiring to dismissive, but medical doctors and science have long backed up that the strange condition does exist.
Persons: boozer Locations: Oregon, Belgium
In 1995, 14 wolves were delivered by truck and sled to the heart of Yellowstone National Park in Wyoming, where the animal had long been absent. Since then, a story has grown up, based on early research, that as the wolves increased in number, they hunted the park’s elk herds, significantly reducing them by about half from 17,000. The wolves’ return and predatory dominance was believed to have had a widespread effect known as a trophic cascade, by decreasing grazing and restoring and expanding forests, grasses and other wildlife. Yellowstone’s dramatic transformation through the reintroduction of wolves has become a global parable for how to correct out-of-balance ecosystems. But decades of damage from elk herds’ grazing and trampling so thoroughly changed the landscape that large areas remain scarred and may not recover for a long time, if ever.
Persons: , Thomas Hobbs Organizations: Colorado State University, Yellowstone Locations: Yellowstone, Wyoming
Is Online Shopping Bad for the Planet?
  + stars: | 2024-04-22 | by ( Dionne Searcey | ) www.nytimes.com   time to read: +1 min
Q: How much do I need to worry about the impact of my online shopping? The convenience of online shopping is hard to beat. Transportation needed for online shopping spews greenhouse emissions. even found that online shopping could be more sustainable than traditional shopping in more than 75 percent of scenarios that researchers came up with. Online retailers and delivery companies have been trying to make online shopping more climate friendly.
I am a big fan of Tesla products and the company, but we do not currently own the stock. Since hitting its all-time high on Nov. 4, Tesla shares are the worst-performing member of the "Magnificent Seven". With prices running from about $40,000 for a single-motor version to $70,000 for a tri-motor variant, the Cybertruck's specifications were remarkable. China represents the largest market for EVs at the moment, and BYD is leading Tesla there. Among U.S. manufacturers, Tesla, because it eschews the conventional dealer model, has excellent flexibility on pricing, which they adjust dynamically.
Persons: Tesla, FSD, Warren Buffett's, Berkshire Hathaway, Charlie Munger, Elon Musk, General Motors, Organizations: Nvidia, Elon, EVs, Ford, Toyota, South, U.S, Ford Motor, General, Tesla Locations: U.S, China, Tesla, Europe
Street safety advocates say fire officials' focus on speed is making roads more dangerous. Many of the city's residents want to take action to make their streets safer. In March, LA voted overwhelmingly for a street safety policy that will finally enforce a nearly decade-old mobility plan to make the city's streets safer for non-drivers. Fire departments across the country have for decades opposed safer street design. He said fire departments can be convinced to support safer street design if they're heavily engaged by planners.
Persons: , we're, didn't, Michael Schneider, isn't, Schneider, Johns Hopkins, aren't, what's, Patrick Siegman, Kazuhiro Nogi, Siegman, Andy Boenau, Dan Burden, they're, Burden, Dan Organizations: Service, LA, Vehicles, Business, LA ., Code, Getty, San Francisco, Supervisors, National Fire Protection Locations: Angeles, Los Angeles, America, LA, Texas, Osaka, Japan, Paris, France, American, Tokyo, AFP, Baltimore, California
We love Italy and France and started thinking, 'What's our next step?'" These days, Sikes sends properties to some 25,000 followers and subscribers across X, YouTube and via a weekly newsletter. Here are three steps Sikes says you need to take before you buy a property abroad. "France and Italy both have tax treaties with the U.S., so you avoid double taxation," Sikes says. "There are zero restrictions on Americans buying property in Italy or France," Sikes says.
Persons: Tommy Sikes, Sikes, , Italy, You'd, Roth, they've, I've, haven't Organizations: CNBC, YouTube, Security, U.S Locations: Europe, France, United States, U.S, Italy
What’s Happening In Myanmar’s Civil War?
  + stars: | 2024-04-20 | by ( Hannah Beech | Weiyi Cai | ) www.nytimes.com   time to read: +16 min
RUSSIA CHINA INDIA Pacific Ocean MYANMAR INDONESIA Indian Ocean AUSTRALIA RUSSIA CHINA INDIA Pacific Ocean MYANMAR INDONESIA Indian Ocean AUSTRALIAWhat’s Happening In Myanmar’s Civil War? Parliamentary rule 1962 Military coup 1988 Nearly five decades of military rule Widespread pro-democracy protests followed by bloody military crackdown. National civil unrest 2021 Military coup ended power sharing with civilian government. Parliamentary rule Nearly five decades of military rule National civil unrest British colonial rule 1948 1988 1990 2007 2011 2021 1962 2015 Widespread pro-democracy protests followed by bloody military crackdown. National civil unrest 2021 Military coup ended power sharing with civilian government.
Persons: Adam Ferguson, Min Aung, Daw Aung, Suu Kyi, Aung, , Tom Andrews, Chin, Rakhine Karen Mon Bamar, Kayan, Karen, Ms, hideouts Organizations: MYANMAR INDONESIA Indian Ocean, Insurgent, Council, Myanmar, 8th Battalion, Karenni Nationalities Defense Force, The New York Times, Senior, National Unity Government, People’s Defense Forces, Rebels, Assistance Association for Political Prisoners, Myanmar Peace Monitor, United Nations, General Administration Department, Union of, United, National Liberation Army Locations: RUSSIA CHINA, MYANMAR INDONESIA Indian Ocean AUSTRALIA RUSSIA CHINA, MYANMAR INDONESIA Indian, MYANMAR INDONESIA Indian Ocean AUSTRALIA, INDIA CHINA BANGLADESH Mandalay MYANMAR LAOS Naypyidaw Bay, Bengal Yangon THAILAND, INDIA CHINA Mandalay MYANMAR, Yangon THAILAND Bay, Bengal, Myanmar, Ukraine, Gaza, India, China, Karenni State, country’s, Suu, Myanmar’s, British, Sagaing Region, MYANMAR, Naypyidaw, Burma, United States, Rakhine, Thailand, Union, Union of Burma, Afghanistan
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewWhen my fiancé, Collin, was unexpectedly laid off last October, he told me it would likely delay his marriage proposal. Related storyBut planning the actual wedding while in debt has been anything but romantic. As a result, we spent months feeling on hold with any and all wedding planning efforts, including setting a date. This also leaves us more time to secure vendors, as many vendors maintain availability for weekday weddings since they're less popular.
Persons: , Collin, We've, I've, Kelsey Herbers Organizations: Service, Business, Facebook, Connect, LinkedIn Locations: South Carolina, Charleston , South Carolina
“One which we jokingly say belongs in a Netflix series.”A truck driver with a fraudulent waybill for a seafood shipment picks up the container. Instead of a load of farm-raised seafood, the truck driver pulled away from the loading dock with loot. “They needed people inside Air Canada to facilitate this theft,” Peel Regional Police Det. In its legal response to the Brink’s lawsuit, Air Canada has denied it was “careless” and its security lax. Canadian police had identified him as the truck driver early in the investigation but had not been able to locate him.
Persons: , Nishan Duraiappah, Nando Iannicca, Canada “, ” Duraiappah, ’ ” Patrick Brown, , Mike Mavity, Mavity, couldn’t, “ We’re, ” Mavity, , it’s, Brink’s, Eric, “ They’re, Nick Milinovich, Duraiappah, CNN’s Paula Newton, Fabiana Chaparro Organizations: CNN, Toronto Pearson International, Air Canada, ” Peel Regional Police, Netflix, Peel Regional Police, Peel, Canadian, CSI, Vancouver Bullion & Currency Exchange, Air, Police, ” Air Canada, Authorities, Alcohol, Tobacco, Firearms, Explosives, ” Police, Investigators, Court, Middle, Middle District of Pennsylvania, ” Peel Locations: Zurich, Switzerland, Canada, Pennsylvania, Florida, Georgia, Brampton, Toronto, Air Canada, United Kingdom, Dubai, India, Franklin County , Pennsylvania, Philadelphia, Middle District, Atlanta
Fast food is getting more expensive, and Americans are annoyed about it. Diners told BI they're cutting back on how often they get fast food because of rising prices. AdvertisementBut cheaper fast food may be some way off. Experts say it could have a ripple effect on wages across the fast food industry nationwide, meaning that your favorite spots could become even pricier. The main reason Rodriguez gets fast food is the taste, he said.
Persons: , Sara Senatore, Dunkin, Warren Colehour, Chad Frye, Artur Widak, Frye, Martin Jennings, it's, Chipotle, James R, Martin, Ben Heyworth, Burger King, He's, Del, Richard McConnell, Ricardo Rodriguez, Rodriguez Organizations: Service, Bank of America, McDonald's USA, Getty, Subway, Consumers, McDonald's Locations: Ukraine, McDonald's, Kentucky, California, Florida, Olive, Burger, Oregon
But he had a lot of downtime — and he's "not good with having a lot of downtime," the 37-year-old told Business Insider. Roughly three months later, he was secretly working two full-time remote jobs and earning about $225,000 a year in combined income. Luke wasn't sure if his job juggling had been exposed or if the company just changed its mind — he never found out. However, after weighing the challenges the hybrid policy would present, in addition to the other downsides of job juggling, Luke ultimately decided that "the juice wasn't worth the squeeze." AdvertisementAre you working multiple remote jobs at the same time and willing to provide details about your pay and schedule?
Persons: , Luke, jugglers, Luke wasn't, wasn't, peeking, didn't, I'm, it's Organizations: Service, Business
The World Food Programme (WFP) will support distribution of aid from the pier following weeks of diplomatic wrangling, the organization said Saturday. The US role in the effort has been complex, with the military carrying out a high-stakes construction mission in a warzone and diplomats helping to organize a dangerous and highly politicized aid distribution operation. US military and commercial ships will be able to transport aid to the US military pier, a defense official said, but only the US military will be allowed access to the causeway. “Everyone is wary of being too close to the IDF” for both security and political reasons, one humanitarian official told CNN. Fogbow is willing to use the US military pier to get aid onto shore, the sources said, but also won’t need to use it in order to carry out its operations.
Persons: CNN —, Biden, CNN –, , Joe Biden, , Bashar al Masri, Masri, Scott Paul, ” Paul, Kerem Shalom, ” Fogbow, Cameron Hume, Fogbow, Paul Organizations: CNN, UN, Food Programme, US, Israel Defense Forces, WFP, United Nations, Food, Palestinian, Palestine Development, Investment Company, IDF, Oxfam, Maritime Humanitarian Aid Foundation, Qatari, Fogbow Locations: Gaza, American, Israel, Cyprus, Israel’s, Palestinian, Rafah, Kerem, Geneva, Algeria, South Africa, Indonesia, Qatar, Gaza’s
Tesla Will Recall Cybertruck in Latest Setback
  + stars: | 2024-04-19 | by ( J. Edward Moreno | ) www.nytimes.com   time to read: +1 min
Tesla has agreed to recall nearly 4,000 of its Cybertruck pickups to fix an accelerator pedal that can get stuck, raising the risk of crashes, a federal safety agency said on Friday. The defect could cause the vehicle to accelerate unintentionally, the National Highway Traffic Safety Administration said in a notice posted on its website. Tesla started selling the Cybertruck, its first pickup truck, in November after many delays. The recall is yet another setback for Tesla, the largest electric vehicle manufacturer in the United States. Tesla’s recent troubles have unnerved investors, and the company’s stock has fallen roughly 40 percent so far this year.
Persons: Tesla Organizations: Traffic Safety Administration Locations: United States
Sopa Images | Lightrocket | Getty ImagesMining of critical minerals plays a crucial role in the global green transition, but the broader industry's bad reputation and other challenges present investment barriers, industry experts warn. Critical minerals include metals such as copper, lithium, nickel, cobalt and rare earth elements, and are important components in emerging green technologies such as wind turbines and electric vehicles. Speaking on a panel at Singapore's annual Ecosperity Week, which ended Wednesday, mining industry experts and investors said the growing demand from green tech makes it necessary to increase government support and capital flows into the critical mining sector. Many of the same companies that mine critical minerals also mine environmentally damaging fossil fuels like coal. One area that has seen recent strides and investments has been in the recycling of critical minerals, which cuts down the need of extraction.
Persons: Adam Matthews, Dominic Barton, Barton, Scott Clements Organizations: PT Vale, Getty Images, Global Investor Commission, Mining, Royal Bank of Canada, Rio Tinto, LeapFrog Investments, International Renewable Energy Agency, EV, World Bank, Tribeca Capital Locations: PT Vale Indonesia, China, Paris, Rio, Indonesia's Sulawesi, Rio Tinto, Western Australia
In a landmark victory for organized labor, workers at a Volkswagen plant in Tennessee have voted overwhelmingly to join the United Automobile Workers union, becoming the first nonunion auto plant in a Southern state to do so. In a statement late Friday, the company said that the union had won 2,628 votes, with 985 opposed, in a three-day election. to organize the Chattanooga factory over the last 10 years were narrowly defeated. The outcome is a breakthrough for the labor movement in a region where anti-union sentiment has been strong for decades. won record wage gains and improved benefits in negotiations with the Detroit automakers.
Organizations: Volkswagen, United Automobile Workers, Detroit automakers, General Motors, Ford Motor, Chrysler, Jeep Locations: Tennessee, Southern, Chattanooga
This is because climate politics looks different in the developing world; it will shape Indian elections in definitive but under-the-radar ways. Similarly, stump speeches throughout this campaign season have not featured climate change as a central issue. The headwinds of climate change are absorbed by the electoral machine and emerge as end-of-tailpipe policies rather than grand climate strategy. This pattern of climate politics is reinforced by seemingly low recognition in India of climate change as a problem. The climate impacts buffeting the most populous nation on earth aren’t just a domestic issue — they’re an international one.
Persons: Aditya Valiathan Pillai Nadeem Z, Aditya Valiathan Pillai, Read, New Delhi CNN —, Amarjeet Kumar Singh, Kabir Jhangiani, Narendra Modi, Stump, Pawan Sharma, Tamanna Dalal Organizations: New, New Delhi CNN, Anadolu Agency, Getty, Bharatiya Janata Party, BJP Locations: New Delhi, India, Bangalore, Silicon, Karnataka, Mumbai, Delhi, sunburnt, Uttar Pradesh, China, Australia, Agra, Maharashtra, North Bengal, Bengal
The commercially successful ‘Eras’ tourThe Eras tour was massively successful in 2023 and it’ll stretch through the end of this year. John Shearer/TAS23/Getty Images Swift performs in Glendale, Arizona, during the opening weekend of "The Eras Tour" in March 2023. John Shearer/TAS23/Getty Images Swift performs during the "Evermore" section of the show in Sydney in February 2024. John Shearer/TAS23/Getty Images Fans apply jewels on their way to Swift's show in Foxborough, Massachusetts, in May 2023. John Shearer/TAS23/Getty Images In pictures: Taylor Swift's 'Eras Tour' Prev NextShe is a generous boss, too, awarding $100,000 bonuses to Eras Tour truck drivers during the summer.
Persons: Washington CNN — Taylor Swift, Swift, It’ll, ” Armen Shaomian, StubHub, , “ Taylor Swift, hasn’t, SeatGeek, Taylor Swift, Kevin Mazur, Natasha, Ethan Miller, John Shearer, Kevin Winter, Benjamin B, Braun, Jutharat, Phoebe Bridgers, Bridgers, Raymond James, Zack Wittman, Hector Vivas, Don Arnold, TAS24, Rachel Wisniewski, Terence Rushin, Haim, Jeff Kravitz, Erin Clark, Sarah Yenesel, Sabrina Carpenter, Bob Levey, TAS23, Christopher Polk, Allen J, Taylor, , that’s, That’s, doesn’t, Barack Obama, Angela Merkel, Pope Francis, ” Swift Organizations: Washington CNN, Poets Department, Fortune, University of South, CNN, Swift City, Pittsburgh, MetLife Stadium, New York Times, Lincoln Financial, Washington Post, Ticketmaster, Boston Globe, Penske Media, Los Angeles Times, Federal Reserve, ” AMC Locations: University of South Carolina, North America, East Rutherford , New Jersey, Chicago, Las Vegas, Nashville , Tennessee, Glendale , Arizona, Glendale, Swift, Los Angeles, Pittsburgh, East Rutherford, Nashville, Tampa , Florida, Mexico City, Kansas City , Missouri, Sydney, Philadelphia, Atlanta, Santa Clara , California, Foxborough , Massachusetts, Coney, Houston, Inglewood , California, Cincinnati, United States, Canada, AMC’s
Drayage trucks, which bring cargo from ports to warehouses nearby, must make the move to electric by 2035 in the U.S. state. Transitioning fleets to electricAcross the Atlantic, Dutch brewer Heineken recently partnered with Swedish electric truck start-up Einride to make the transition to electric. Getting more electric trucks to carry cargo on the road, especially for long-distance journeys, will need to be spearheaded by cargo owners that want their goods moved sustainably. Many of the new trucks will be deployed in markets where DFDS has not yet moved to electric trucks, including in the U.K. In California, Lime's use of electric trucks has been driven by legislation that states all drayage trucks must be zero-emissions by 2035.
Persons: Andrew Savage, we've, Savage, Arjen van der Woude, that's, van der Woude, Sweden's, Robert Falck, " Falck, Lime's Savage Organizations: PT Vale, Hight Logistics, CNBC, Heineken, DFDS, Volvo Locations: PT Vale Indonesia, China, California, U.S ., North America, Los Angeles, Long, Canada, Dutch, Swedish, Netherlands, Germany, Europe, Rotterdam
Chadwick Burnaw, the owner of an event company, hosted the Sazón Latin Food Festival in Austin. This article is part of "Festivals of Flavor," a series celebrating Latin festival cuisines. Festivalgoers danced to music at the Sazón Latin Food Festival in March. Cat Cardenas for BIHe'd scope out San Francisco's nightlife scene, looking for clubs that would play the merengue and bachata music he was familiar with. They served Jamaican-Latin fusion dishes alongside their kids at the Sazón Latin Food Festival.
Persons: Chadwick Burnaw, , he'd, Burnaw, Festivalgoers, Cat Cardenas, Cardenas, Chris Burrell, Yadira, we'd, Burrell, . Cat Cardenas, they've, Tatiana French, Dejean, Mix'T, they'd, pico de gallo, it's, she's, there's Organizations: Service, Washington, Food, San Francisco State University, BI, City, aguas, Honduran, sos pwa Locations: Austin, South Austin, Caribbean, DC, San Francisco, Texas, California, Bay, America, Haiti, Dominican Republic, Samba, Clarendon, Jamaica, Honduras, ., Puerto Rican, Costa Rican, Virginia, French, Haitian, East Austin
It was a brazen theft: thousands of gold bars and millions of dollars in bank notes stolen a year ago from Toronto’s international airport. On Wednesday, Canadian authorities announced the arrest of nine people, including an Air Canada employee, in connection with the theft of more than 20 million Canadian dollars, about $14.5 million, in gold bars and 2.5 million dollars, about $1.8 million, in bank notes that vanished from a warehouse at Toronto Pearson Airport in April 2023. Arrest warrants have also been issued for three other people, including a manager at the airline. “One we jokingly say belongs in a Netflix series.” The Peel police are responsible for law enforcement at Toronto’s airport. The gold, Chief Duraiappah said, was partly used to buy guns that were bound for Canada.
Persons: Nishan Duraiappah, Duraiappah Organizations: Air Canada, Toronto Pearson Airport, Peel Regional Police, Netflix, Peel Locations: Toronto, Toronto’s, Canada, Pennsylvania
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