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The body of a third construction worker who died in the catastrophic collapse of the Francis Scott Key bridge in Baltimore was found on Friday morning, officials said. The man, identified as 38-year-old Maynor Yasir Suazo Sandoval, was discovered by divers, according to a release from local authorities. “The collapse of the Key Bridge is undoubtedly one of the most challenging tragedies we have faced as a law enforcement agency,” Col. Roland L. Butler Jr., superintendent of the Maryland state police, said in a statement announcing the recovery. “Along with our local, state and federal public safety partners, we will not give up.”Mr. Suazo Sandoval’s body was found around 10:30 a.m., officials said, just hours before President Biden visited the site of the disaster and met with victims’ families. The bodies of three more victims have yet to be recovered more than a week after the bridge collapsed into the Patapsco River.

Persons: Francis Scott Key, Yasir Suazo Sandoval, ” Col, Roland L, Butler Jr, Mr, Suazo, Biden Locations: Baltimore, Maryland, Patapsco

On the day the Francis Scott Key Bridge in Baltimore collapsed, President Biden said the federal government would pay the “entire cost” of rebuilding it, which some suggest could run to more than $1 billion. Washington will foot the bill so the bridge and nearby port can reopen “as soon as humanly possible,” he said. Rebuilding the bridge, repairing the cargo ship that hit it and compensating companies for the disruption at one of the nation’s busiest ports may take years to resolve. “We’re not going to wait,” said Mr. Biden, who plans to visit Baltimore on Friday to survey the damage. They cited an 1851 law that allows a shipowner to cap financial damages mostly to the value of a ship after a crash, if the owner is determined not to have been at fault.

Persons: Francis Scott Key, Biden, ”, “ We’re, Mr Organizations: Baltimore, Grace Ocean Private Ltd, Synergy Marine Locations: Baltimore, Washington, “, Singapore, U.S

☆ Latino immigrant workers died on the Baltimore bridge. More will likely rebuild it
▼ + stars: | 2024-04-04 | by ( Ramishah Maruf | Gloria Pazmino | ) edition.cnn.com time to read: +12 min

More than two-thirds of Hispanic construction workers in America are foreign born. Working without a safety netFor the workers paid to rebuild the bridge, the job will be grueling — and dangerous. CNNWork-related deaths among foreign-born Hispanic or Latino workers rose to their highest level in 2021, according to the most recent Bureau of Labor Statistics data. Fourteen percent of all work-related fatalities in 2021 were foreign-born Hispanic or Latino workers, and most of them worked in construction. The agency’s reports also “consistently show” that Latino and/or immigrant workers are less likely to report employer health and safety violations.

Persons: Francis Scott Key, We’re, It’s, Reinaldo Quintero, “, Carlos Hernández, Miguel Luna, Yassir Suazo Sandoval, Jose Mynor Lopez, Dorlian Castillo Cabrera, ”, Saket Soni, Alejandro Hernandez Fuentes, Soni, ” Quintero, ’ ”, Sean McGarvey, Ligia Guallpa, Quintero, Hurricane Michael, Reinaldo Quintero “, ” Guallpa, Guallpa, Hurricane, Dave Einsel, ” Soni, Ron DeSantis ’, Fort Organizations: New, New York CNN, Bureau of Labor Statistics, CNN, Key, CNN Construction, Resilience Force, Force, of Labor Statistics, New York Committee, Occupational Safety, Health, York, New York State Department of Labor, Workers, North, Unions, Worker’s, Hurricane, Panama City, Safety, Health Administration, Historic New, New York Times, Gov Locations: New York, America, Louisiana, Hurricane, Florida, Mexico, Guatemala, El Salvador, Honduras, United States, New York City, North America’s, Canada, Venezuela, Panama, Baltimore, New Orleans, Texas, North Carolina, Historic New Orleans, Fort Meyers

☆ Opinion | Wes Moore’s Big Experiment for Maryland
▼ + stars: | 2024-04-04 | by ( Pamela Paul | ) www.nytimes.com time to read: +1 min

Taking a gap year, or devoting a year to public service, whether to develop yourself or to serve a higher purpose, can be very alluring and, just as often, very impractical: How do you find the right opportunity, or fit it into your life, and most of all, swing it financially? Wes Moore of Maryland is trying to find a way to make it work for more people. One of the centerpieces of his administration is the newly established Department of Service and Civic Innovation, which includes a public service program with two arms, the Service Year Option, for Maryland residents within three years of high school graduation, and Maryland Corps, which is open to a range of applicants. Each provides access to entry-level positions at nonprofits and state agencies, as well as a small number of businesses with a strong service component, such as public health or community development. Participants are paid a minimum of $15 per hour and provided help with transportation and child care, which could otherwise keep out those with fewer support systems.

Persons: Wes Moore, Francis Scott Key, that’s, Moore Organizations: Gov, of Service, Civic, Maryland Corps Locations: Maryland, Baltimore

Hogan's political ascendency resulted in large part from his criticism of tax increases that resonated with a tax-weary electorate in his upset victory in 2014. And Hogan, who was originally elected governor by railing against tax increases endorsed by the Maryland General Assembly, has already made the Maryland race unusually competitive in the heavily Democratic state. The Maryland Senate this month largely kept his budget plan intact, despite a drop in revenue estimates announced after the governor submitted his plan. The Senate has been mostly unreceptive to the House plan, with Ferguson ruling out the corporate tax component. He's also ruled out legalizing internet gambling this year, another part of the House plan.

Persons: Larry Hogan’s, Baltimore's, Francis Scott Key, Republican hasn’t, Hogan, Bill Ferguson, ” Hogan, Del, Ben Barnes, “ I’m, Larry Hogan, ” Barnes, “, ” Ferguson, David Trone, Angela Alsobrooks, Wes Moore, Ferguson, He's, Moore, haven't Organizations: Republican, Gov, U.S . Senate, Baltimore Democrat, Associated Press, Governor, Maryland General Assembly, Democratic, Washington Post, University of Maryland, Republicans, Maryland, Democratic U.S . Senate, U.S, Senate, Transportation Trust Fund, state's, ”, Maryland Democrats, GOP, Maryland Republican, U.S . Rep, Maryland Senate Locations: ANNAPOLIS, Md, Maryland, Baltimore, U.S, Senate, Prince George's

☆ My cargo ship briefly lost power at sea. Here's how merchant mariners are trained to deal with it.
▼ + stars: | 2024-04-03 | by ( Grace Kay | ) www.businessinsider.com time to read: +8 min

Boyle said he was on a ship that lost power briefly and his training kicked in. I've never faced any major emergencies while working aboard a cargo ship, aside from a minor fire and an instance where my ship temporarily lost power. Do I need to switch over the steering to emergency steering? I radioed into that other vessel just to inform him that we had lost power but we still had steering. Since we still had steering, the main focus was figuring out why we lost power.

Persons: Bryan Boyle, Boyle, —, YouTuber, I've, I'm, Francis Scott Key, It's, we're, you've Organizations: Service, Portland Press Herald, Maersk Locations: Baltimore, North

☆ 2 ship companies are invoking a 200-year-old law to try to skirt huge legal liabilities from the Baltimore collision
▼ + stars: | 2024-04-02 | by ( Huileng Tan | ) www.businessinsider.com time to read: +1 min

The owner and manager of the Dali containership are seeking to limit their legal liability to $43.7 million. The 95,000-ton cargo ship collided with Baltimore's Francis Scott Key Bridge on March 26. An old law could cap the companies' liability at a fraction of the overall cost, a maritime expert said. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . The Singapore-based companies valued the 95,000-metric ton Dali at up to $90 million, pre-bridge collision.

Persons: Dali, Baltimore's Francis Scott Key, —, Grace Ocean Organizations: Baltimore's Francis Scott Key Bridge, Service, Synergy Marine, Business Locations: Maryland, The Singapore

☆ Will the Baltimore Bridge Disaster Make Inflation Worse? - The New York Times
▼ + stars: | 2024-04-02 | by ( Paul Krugman | ) www.nytimes.com time to read: +1 min

It has been a week since the Dali, a container ship, struck the Francis Scott Key Bridge in Baltimore. It’s still stuck there, and the images remain amazing, in part because the vessel is so huge compared with what’s left of the bridge. And with the ship and pieces of the bridge blocking the harbor entry, the Port of Baltimore remains closed. Well, it would have been quite a big deal if it had happened in late 2021 or early 2022, when global supply chains were under a lot of pressure. The Dali is no Ever Given, the ship that blocked the Suez Canal when it ran aground in 2021.

Persons: Dali, Francis Scott Key, It’s, what’s, Dali Baltimore Locations: Baltimore, Port, Los Angeles, Dali, East Coast, Suez

☆ Baltimore bridge collapse reveals a gap in federal government port protection powers
▼ + stars: | 2024-04-02 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +3 min

Tugboats guide the Maersk Atlanta container ship at the Port of Newark in Newark, New Jersey, US, on Saturday, March 30, 2024. As the Dali container ship neared the Francis Scott Key Bridge after losing power and with no ability to navigate, there were no tug boats to guide it. It is unclear if the tugs remained with the Dali, a collision could have been averted. But maritime experts say that new tugboat regulation would be a reasonable response for the government to consider. The next day, the Coast Guard referred CNBC to the Joint Information Center (JIC) for the Key Bridge Casualty 2024 incident in Baltimore.

Persons: Dali, Francis Scott Key Organizations: Maersk, Port, Francis Scott Key Bridge, CNBC, Infrastructure Security Agency, Department of Homeland Security, Department of Transportation, U.S . Coast Guard, Coast Guard, Joint Information Center, U.S . Immigration, Customs, . Customs, Border Patrol Locations: Maersk Atlanta, Newark, Newark , New Jersey, US, Port of Baltimore, Baltimore

☆ Baltimore’s economy has been humming. Then a bridge collapsed
▼ + stars: | 2024-04-02 | by ( Bryan Mena | ) edition.cnn.com time to read: +6 min

Baltimore’s regional economy has a lot going for it such as low unemployment and low inflation. That’s well below the national rate of 3.9% in February and ranks 43rd out of 389 regions across the country with more than one million residents. Low inflationThe US economy is still dealing with high inflation, but that’s not much of a problem for the Baltimore metro. Inflation in Baltimore slowed dramatically last year from April to June, falling to a 2.8% annual rise from April’s 5.3%. Like across the country, rising energy prices have recently pushed up overall inflation in the Baltimore metro.

Persons: Francis Scott Key, Prince, it’ll, Matt Rourke, Matt Jaffe, “, ” Jaffe, that’s, That’s, ” Christina DePasquale, Johns, Freddie Mac Organizations: Washington CNN, CNN, Towson, Labor Department, Washington D.C, U.S, Baltimore, Johns Hopkins Carey Business School, National Association of Realtors, NAR, Fed Locations: Baltimore, Port, Baltimore County, Columbia, Boston, Orlando, Atlanta, Washington, Dundalk, Md

☆ Baltimore to Open Temporary Shipping Route Around Key Bridge Wreckage
▼ + stars: | 2024-04-01 | by ( Mike Ives | More About Mike Ives | ) www.nytimes.com time to read: +1 min

Officials in Baltimore were preparing on Monday to open a temporary alternate channel around wreckage from the collapsed Francis Scott Key Bridge for “commercially essential vessels.”The bridge, a critical link to the Port of Baltimore, collapsed on March 26 after it was hit by a giant cargo ship. Wreckage has been blocking a vital shipping lane into the port ever since. The temporary channel was announced late Sunday by the state and federal agencies leading the response to the disaster. “This will mark an important first step along the road to reopening the port of Baltimore,” Capt. “By opening this alternate route, we will support the flow of marine traffic into Baltimore.”

Persons: Francis Scott Key, Capt, David O’Connell, ” Organizations: Port, Coast Locations: Baltimore, Port of Baltimore, Coast Guard’s Maryland

☆ How the Coast Guard is carefully letting ships back into Baltimore port for bridge cleanup
▼ + stars: | 2024-04-01 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +3 min

Debris is cleared from the collapsed Francis Scott Key Bridge as efforts begin to reopen the Port of Baltimore on March 31, 2024, in Baltimore, Maryland. Tasos Katopodis | Getty Images News | Getty ImagesCoast Guard officials tell CNBC the secondary channel that is being created in the southwest channel of the Port of Baltimore will only welcome commercial vessels that are cleared by the Coast Guard in the removal of debris. "The vessels will be decided on a case-by-case basis," said Carmen Caver, Coast Guard spokesperson. The draft for the select commercial work vessels that will be permitted by the Coast Guard to help in the removal of Key Bridge debris is 10 feet. Based on a review of AIS data from MarineTraffic, there have been almost 1,000 containership arrivals at Baltimore port since January 2022, with an average TEU (container capacity) of 7,039, according to Nikos Pothitakis, Kpler spokesman.

Persons: Francis Scott Key, Tasos Katopodis, Carmen Caver, Dali, Nikos Pothitakis, Aaron Roth, Roth Organizations: Getty, Coast Guard, CNBC, Francis Scott Key Bridge, Maersk, Dali, Chertoff Group Locations: Port of Baltimore, Baltimore , Maryland, Port, Baltimore, MarineTraffic, East, Dali

☆ Railroad CSX adding new freight route on Tuesday to avoid Port of Baltimore after bridge collapse
▼ + stars: | 2024-04-01 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +2 min

Baltimore-bound rail freight which was diverted to the Port of New York and New Jersey will use this new CSX service, the freight railroad tells CNBC. Freight destined for the Port of Baltimore as exports will also use this new service to get to the Port of New York. The amount of freight being moved on the new line is not being disclosed for now, a CSX spokeswoman said. The railroad explained in an email to CNBC that strategic partnerships with steamship lines allow it to transport freight between New York and Baltimore, using its established international sales network. "While the timeline for resuming freight operations at the Port of Baltimore remains uncertain, we are in constant communication with our customers, providing timely updates on the status of their shipments.

Persons: Francis Scott Key, Dali, Aaron Roth Organizations: CSX, CNBC, Freight, Port, MSC, Baltimore, Coast Guard, Chertoff Group Locations: Baltimore, New York, Port of Baltimore, of New York, New Jersey

☆ Opinion | Will MAGA Republicans Block Baltimore’s Rebuilding?
▼ + stars: | 2024-04-01 | by ( Paul Krugman | ) www.nytimes.com time to read: +1 min

Soon after a huge container ship struck Baltimore’s Francis Scott Key Bridge, bringing it down, President Biden pledged that the federal government would “pay the entire cost of reconstructing” the bridge. This would clearly be the right thing to do, not just to help the state of Maryland but also to limit the economic damage from a disaster that has blocked both a major road artery and a major port. Biden will probably be able to get funds for rebuilding, but it’s by no means a sure thing. The rise of MAGA Republicans is only part of the problem. Indeed, within days, Congress voted unanimously to provide $250 million in aid.

Persons: Baltimore’s Francis Scott Key, Biden, —, MAGA, I’ve Organizations: Federal, Aid, Republican, MAGA Republicans Locations: Maryland, Port, Baltimore, East, America, Minnesota

☆ ‘Plan Ahead’: Baltimore Traffic Reporter on Congestion After Bridge Collapse
▼ + stars: | 2024-04-01 | by ( Adeel Hassan | ) www.nytimes.com time to read: 1 min

When the Francis Scott Key Bridge was built in the 1970s, it was intended to relieve congestion from the Baltimore Harbor Tunnel. Forty-seven years later, some of that traffic will be diverted back to the tunnel after the bridge collapsed last week upon being struck by a giant cargo ship, killing six construction workers. With the rebuilding process expected to take several years, that most likely means years of gridlock for commuters, travelers and truck drivers. The 1.6-mile bridge was the final link on Interstate 695, which loops around the city and is known as the Baltimore Beltway. The crossing’s overall structure, including its connecting approaches, was almost 11 miles long.

Persons: Francis Scott Key Organizations: Baltimore Locations: Baltimore

☆ What the Bridge Meant to Baltimore
▼ + stars: | 2024-04-01 | by ( Anna Betts | Joanna Daemmrich | ) www.nytimes.com time to read: +1 min

Blue-collar workers crossed it. And couples were known to get engaged near it. Completed in 1977, the Francis Scott Key Bridge was a practical, final link to the beltway of roads that circled Baltimore Harbor, a much-needed solution to reduce Harbor Tunnel congestion. For some, it symbolized the working-class communities around it — for others, the city itself. And the Key Bridge was simply a presence in people’s everyday lives.

Persons: Francis Scott Key Organizations: Teenagers Locations: Baltimore, Fort McHenry, British

☆ As crews work to lift first piece of Baltimore bridge debris, officials eye a temporary channel around the collapse site
▼ + stars: | 2024-03-31 | by ( Dalia Faheid | ) edition.cnn.com time to read: +6 min

CNN —Crews are working to remove the first portion of Baltimore bridge wreckage – the starting point in a complicated, extensive cleanup process that could help open up a temporary channel to get more vessels into the water around the collapse site, officials said. In the meantime, conditions in the water make it unsafe for divers as pieces of the bridge remain submerged in the water. The port “handles more cars and more farm equipment more than any other port inside this country,” the governor said. Plus, “at least 8,000 workers on the docks have jobs that have been directly affected” by the collapse. In order to reopen the port, the Coast Guard says it will first clear debris from the deep draft channel, remove the ship, then clear debris from the bridge across the waterway.

Persons: CNN — Crews, Wes Moore, It’s, Francis Scott Key, Baltimore Mayor Brandon Scott, Moore, ” Moore, Shannon Gilreath, you’ve, ”, it’s, ” Gilreath, Al Drago, Roland L, Butler, Mark Martin, ” Martin, Martin, “ Organizations: CNN, ”, ” Maryland Gov, Authorities, Baltimore Mayor, US Coast Guard, Coast Guard, Baltimore Gas and Electric Company, Bloomberg, Getty, SalvOcean Locations: Baltimore, ” Maryland, Maryland, Port of Baltimore, “, Patapsco, Baltimore Harbor

☆ Baltimore bridge collapse a 'national economic catastrophe,' says Maryland governor
▼ + stars: | 2024-03-31 | by ( Greg Iacurci | ) www.cnbc.com time to read: +2 min

The collapsed Francis Scott Key Bridge lies on top of the container ship Dali in Baltimore, Maryland, on March 29, 2024. The collapse of Baltimore's Francis Scott Key Bridge on Tuesday is likely to send shock waves across the U.S. economy, as a key shipping route for certain goods remains snarled for the foreseeable future, officials said Sunday. "This is not [just] a Baltimore catastrophe, not a Maryland catastrophe. This is a national economic catastrophe as well," Maryland Gov. The bridge collapsed Tuesday after a large cargo ship crashed into it, following a mayday call shortly before the collision.

Persons: Francis Scott Key, Baltimore's Francis Scott Key, Wes Moore, Moore, Pete Buttigieg, Buttigieg, There's Organizations: Port, . Transportation, CBS, Federal, Eiffel Locations: Dali, Baltimore , Maryland, U.S, Baltimore, Maryland, Port of Baltimore, Kentucky, Ohio, Tennessee

☆ The Titanic may play a role in who pays for the Baltimore bridge collapse. Here’s why
▼ + stars: | 2024-03-31 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +8 min

New York CNN —The massive cargo ship crash that destroyed the Baltimore’s Francis Scott Key Bridge on Tuesday will probably cost various shipping companies and insurers billions of dollars in damages. “Maritime law is steeped in antiquity. Maritime law is rooted in the need to settle disputes and enforce rules between different peoples, even before there was the concept of countries with definitive laws. That rule, known as general average, is still a guiding principle of maritime law. “it’s just a fundamental part of the way that the shipping business works,” said Martin Davies, director of the Maritime Law Center at Tulane University.

Persons: Francis Scott Key, ” Sean Pribyl, “ It’s, ”, Rhodes, Rhodians, Pribyl, “ it’s, Martin Davies, ” Davies, Dali, “ don’t, Davies, Chugging, “ Organizations: New, New York CNN, Holland, CNN, American Bar, Titanic, Star Line, White Star, Maritime Law Center, Tulane University, Grace Ocean, ”, Repair Company, Flint & Co, Supreme Locations: New York, Brooklyn, Baltimore, American, Great Britain, Southampton, Singapore, . Flint

☆ 22 Indian crew members stranded on the ship that crashed into Baltimore bridge could be on board for weeks, report says
▼ + stars: | 2024-03-31 | by ( Alia Shoaib | ) www.businessinsider.com time to read: +3 min

Read previewThe crew of the container ship that crashed into the Baltimore bridge five days ago are still trapped on board the stricken vessel, a report says. The crew, all Indian nationals, are likely continuing to work to maintain the ship as they remain stranded, the Times said. The container ship Dali collided with a key bridge in Baltimore on Tuesday. Those onshore have devised inventive ways to contact the crew members who do not have consistent internet access on board. AdvertisementThe crew members seem to be faring well, given the circumstances.

Persons: —, Dali, Francis Scott Key, Michael A, McCoy, Wes Moore, Chris James, James, Joshua Messick, Andrew Middleton, I've, Grace Ocean Organizations: Service, Business, The New York Times, Times, Washington Post, Getty, Synergy, National Transportation Safety Board, Coast Guard, Baltimore International, Maersk Locations: Baltimore, Patapsco, Singapore, Danish, Colombo, Sri Lanka

☆ Opinion: Trump videos send wildly different messages
▼ + stars: | 2024-03-31 | by ( Richard Galant | ) edition.cnn.com time to read: +19 min

We’re looking back at the strongest, smartest opinion takes of the week from CNN and other outlets. In a video promoting the Bible, Trump said, “Religion and Christianity are the biggest things missing from this country. … we need to bring them back.”On Good Friday, Trump posted a very different kind of video. It showed an image of President Joe Biden lying sideways and tied up in the bed of a pickup truck. “Robert F. Kennedy Jr.’s independent presidential campaign can’t win, but it could swing the presidency to former President Donald Trump,” Begala wrote.

Persons: Matthew Arnold, Homer, King James, Donald Trump, ”, Lee Greenwood’s, AJ Willingham, Trump, Joe Biden, Drew Sheneman, MAGA, Biden, Fareed Zakaria, ” Zakaria, Candida Moss, he’ll, he’s, Barack Obama, Bill Clinton, Julian Zelizer, ” “, …, ” Clay, “, Obama, “ Obama, CNN Trump, —, Attorney Alvin Bragg, “ Trump, Stormy Daniels, ” Norman Eisen, Andrew Warren, James Antle III, stoked, Letitia James, Dali, Francis Scott Key, Tasos Katopodis, Richard Timme, ” Timme, Salvatore R, Mercogliano, ’, Jalal Baig, Catherine, Princess of Wales, Baig, Paul Hockenos, “ It’s, Robert F, Kennedy Jr, Nicole Shanahan, Eric Risberg, Paul Begala, Ross Perot, George H, Bush, “ Robert F, can’t, ” Begala, ” Shanahan “, Sergey Brin, Hillary Clinton, Pete Buttigieg, Ro Khanna, Lee Drutman, Mark Osler, Jill Filipovic, Lisa Murkowski, Obeidallah, Johnson Ronna, Ronna McDaniel, Justin Sullivan, McDaniel, ” McDaniel, David Zurawik, Jack Ohman, Walt Handelsman, Tim Hubbard, Dennis Muilenburg —, Max, David Calhoun, ‘, ” Hubbard, Annelle, ” Sheline, ” Don’t, Frida Ghitis, Putin, Howard Fischer, Keith O’Brien, Pete Rose, Nick Anderson, Agency Sara Stewart, Mary Ziegler, Patrick T, Brown, shouldn’t, Emma Firth, Carter ’ Parkwood, Roxanne Jones, Cowboy Carter, Beyoncé, ” Jones Organizations: CNN, Oxford University, New, Trump, Nasdaq, NYPD, Hollywood, Biden, Cupp, Obama, Manhattan, Attorney, Democratic, US Coast Guard, Baltimore, Federal Highway Administration, RFK Jr, RFK, Google, The New York Times, Republican National Committee, NBC News, “, Press, NBC, MSNBC, Content Agency Boeing, Notre Dame, Boeing, US State Department, Israel, Tribune, Agency, Sony, AP Locations: Independence, New York City, America, New, Manhattan, Queens, New York, Baltimore, Coast, Suez, Port, China, Argentina, Red, Gaza, Wales, Northern California, California, Israel, Columbia

☆ The effects of the fatal bridge collapse in Baltimore will be felt for months
▼ + stars: | 2024-03-31 | by ( Matt Turner | ) www.businessinsider.com time to read: +5 min

download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . On the agenda today:AdvertisementBut first: The effects of the fatal bridge collapse in Baltimore will be felt for months. ET Tuesday, the 984-ft long container ship Dali crashed into the Francis Scott Key Bridge in Baltimore, bringing it down. AdvertisementNow, China is in a similar situaJtion as Japan once was, as it stares down a property market collapse. But Japan's recovery won't be easy to replicate for China, which has resisted stimulus packages and faces a difficult trade market.

Persons: —, Tim Cook's, Francis Scott Key, Tasos Katopodis, Dali, It's, Sam Altman, Kent Nishimura VCs, Altman, Sam Altman's, Jenny Chang, Rodriguez, I'm, Hannes P Albert, Chelsea Jia Feng, ChatGPT, Mark Zuckerberg Organizations: Business, Service, Apple, OpenAI's, Getty Images, Microsoft Locations: Baltimore, Port, London, China Japan, China, Japan

☆ River Danube cruise ship crashed after it was 'suddenly no longer able to maneuver,' 17 passengers injured
▼ + stars: | 2024-03-31 | by ( Cameron Manley | ) www.businessinsider.com time to read: +3 min

Read previewA Bulgarian cruise ship carrying over 140 passengers crashed into a concrete wall along the River Danube in Austria. AdvertisementThe second-in-command of the ship, who had been at the helm during the crash, "pressed the emergency switch, whereupon the electronics started up again." An Austrian police statement indicated the collision was linked to a failure of the ship's electronics. It added: "After checking the ship it turned out that the electronics worked again after the emergency switch was reset, which is why the ship could continue its journey." Jim Watson/AFP/Getty ImagesEarlier this week, a container ship crashed into the Francis Scott Key Bridge in Baltimore, collapsing a section of the 1.6-mile-long structure and killing six construction workers.

Persons: —, Dali, Francis Scott Key, Jim Watson Organizations: Service, Business, Getty, Sky News, South Locations: Bulgarian, Austria, Austrian, Aschach, Donau, Passau, Linz, Baltimore, AFP, Hungary, Europe, Central, Southeastern Europe, Black

☆ Buttigieg Calls on Congress for More Money to Collapsed Baltimore Bridge
▼ + stars: | 2024-03-31 | by ( Minho Kim | ) www.nytimes.com time to read: +1 min

Transportation Secretary Pete Buttigieg and Maryland Democrats on Sunday urged Congress to authorize additional federal dollars needed to rebuild the Francis Scott Key Bridge in Baltimore after it collapsed last week. “I hope and expect this, too, will be a bipartisan priority,” Mr. Buttigieg said on CBS News’s “Face the Nation.” He cited the case of a Minnesota bridge whose $250 million reconstruction plan was approved by Congress in a unanimous vote two days after its collapse in August 2007, and added that “the pitch is, your district could be next, and this has historically been bipartisan.”The Department of Transportation announced on Thursday that it had allocated $60 million in emergency federal highway funding toward rebuilding the bridge. That initial batch of money, which the department called “a down payment,” is unlikely to cover the full cost of construction that experts say could require hundreds of millions of dollars. The push for additional federal funding reflects officials’ belief that a prolonged disruption to the Port of Baltimore would cause ripple effects across the U.S. economy. The harbor has one of the largest facilities in the nation for wheeled cargo such as cars and trucks, and it serves as a key logistics hub for the auto industry for both imports and exports.

Persons: Pete Buttigieg, Francis Scott Key, Mr, Buttigieg Organizations: Maryland Democrats, Sunday, CBS, Congress, Department of Transportation, Port Locations: Baltimore, Minnesota, U.S

☆ Crews at Site of Bridge Collapse Work on Removing First Piece of Debris
▼ + stars: | 2024-03-30 | by ( Edgar Sandoval | ) www.nytimes.com time to read: +1 min

Crews in Baltimore on Saturday were working on pulling the first piece of wreckage out of the water after the collapse of the Francis Scott Key Bridge, a tangible sign of progress in the daunting effort to reopen the busy waterway. Rear Adm. Shannon Gilreath of the U.S. Coast Guard said at a news conference that his crew was aiming to lift the first segment of the bridge “just north of that deep draft shipping channel.” He added, “Much like when you run a marathon, you’ve got to take the first few steps.”The bridge was a critical transportation link to one of the largest ports in the United States, and the collapse is costing the region and the country millions of dollars the longer it is out of operation. More than 8,000 workers on the docks have been directly affected, Gov. Wes Moore of Maryland said. Mr. Moore said cutting up and removing the north sections of the bridge “will eventually allow us to open up a temporary restricted channel that will help us to get more vessels in the water around the site of the collapse.”

Persons: Crews, Francis Scott Key, Shannon Gilreath, you’ve, Wes Moore, Moore Organizations: U.S . Coast Guard, Gov Locations: Baltimore, United States, Maryland

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