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☆ Teenager becomes youngest person to summit world’s 14 highest peaks
▼ + stars: | 2024-10-10 | by ( Amy Woodyatt | ) edition.cnn.com time to read: +2 min

CNN —A Nepalese teenager has become the youngest person to summit the world’s 14 highest peaks. Nima started his epic journey in September 2022 when he climbed Nepal’s 8,163m Manaslu. Over the next two years, he summited all of the “8000ers” including Everest, the world’s highest mountain at 8,848.86m, and the notoriously dangerous K2 at 8,611m. Nima took to Instagram to commemorate the completion of the grueling challenge, writing: “I dedicate this world record to my project, #SherpaPower. Climbing Sherpas are more often than not the people who make international mountaineering expeditions possible.

Persons: Nima Rinji Sherpa, Pasang, Mingma Gyabu, David ”, Nima, Instagram, “, ” Nima, ” Organizations: CNN, Mountaineering Federation, Nepal Mountaineering Association, Guinness World Records, Expedition, Sherpa Locations: 8,848.86m

☆ Comet C/2023 A3 Tsuchinshan–ATLAS will soon fly by Earth
▼ + stars: | 2024-10-09 | by ( Ashley Strickland | Taylor Nicioli | ) edition.cnn.com time to read: +5 min

CNN —A recently discovered comet, known as C/2023 A3 Tsuchinshan–ATLAS, will make its closest approach of Earth on Saturday. Sky-gazers won’t want to miss the event since it may be the last time the comet will be seen in the night sky for another 80,000 years. It will just appear to hang there, and it will slowly change position from night to night,” Cooke said. C/2023 A3 Tsuchinshan–ATLAS appears brighter in an image taken by the Virtual Telescope Project three days after the comet reached its perihelion. “For many people, and especially children, seeing a bright comet in the night sky is a beautiful and life-changing experience,” Kareta said.

Persons: CNN —, Gianluca Masi, Bill Cooke, It’s, ” Cooke, ”, Teddy Kareta, Cooke, ” Kareta Organizations: CNN, Southern Hemisphere, Northern Hemisphere, NASA, Telescope, Marshall Space, Lowell, Virtual Telescope, American Meteor Society, Taurids Locations: Italy, Meteoroid, Huntsville , Alabama, South Africa, Flagstaff , Arizona

☆ How to hedge the overall market with several critical events just around the corner
▼ + stars: | 2024-10-07 | by ( Michael Khouw | ) www.cnbc.com time to read: +7 min

The upcoming month is a crucial time for the stock market, with a series of events that will make an impact. A quick peek at the history of S & P earnings reveals a couple of things. Note that the chart below depicts S & P earnings on a logarithmic scale —S & P earnings have grown by more than ninefold since January 1991. Over the past two years, S & P earnings have grown from ~$196 "per share" to about $204, an increase of 4%, but the S & P 500 Index has risen by more than 60% over the same period. Why not purchase a downside SPDR S & P 500 ETF Trust put spread if these cause a pullback?

Persons: Low, we'll Organizations: U.S, Trust, CNBC, NBC UNIVERSAL Locations: U.S

☆ Scientists grow mystery tree from 1,000-year-old seed
▼ + stars: | 2024-10-05 | by ( Katie Hunt | ) edition.cnn.com time to read: +6 min

But it doesn’t mean that scientists aren’t interested in bringing the past back to life in some form. Dig thisThe tree, which the study authors believe may have a biblical connection, is seen at 12 years old. Remarkably, the tree thrived and now stands 10 feet (3 meters) tall, although it has never flowered or produced fruit. Using DNA sequencing, the researchers identified the mystery tree as part of the Commiphora genus, but its exact species is unknown and likely extinct. Scientists aim to extract DNA from the remains to learn more about those buried there and whether they were related.

Persons: — it’s, aren’t, Guy Eisner, Sarah Sallon, Louis, Tom Little, Alfred Nobel, didn’t, Johannes Fritz, —, Ashley Strickland, Katie Hunt Organizations: CNN, Natural Medicine Research, Reuters Archaeologists, Vikings, International Union for Conservation of, NASA, —, US Navy, — Marvel, CNN Space, Science Locations: ”, Judean, Jerusalem, India, Åsum, Denmark, Denmark’s, Swedish, Morocco, Europe, Austrian

☆ Heather Graham on Her Best Movies & TV Shows: 'Austin Powers,' 'Boogie Nights'
▼ + stars: | 2024-10-05 | by ( Caralynn Matassa | ) www.businessinsider.com time to read: +11 min

Once upon a time, Heather Graham really wanted to play a murderer. Fresh off career-making turns as the porn star Rollergirl in "Boogie Nights" and the short shorts-wearing CIA agent Felicity Shagwell in "Austin Powers: The Spy Who Shagged Me," Graham wasn't having trouble getting work. "I'm just really intrigued, not only as an actress but as an audience member, by movies that are from a female storytelling perspective." But Graham didn't dwell on what could have been. The network just didn't really believe in it, and they pulled it after an episode.

Persons: Heather Graham, Fresh, Felicity Shagwell, Austin Powers, Graham wasn't, Patty Jenkins, Aileen Wuornos, Graham, Jenkins, I'm, Charlize Theron, Graham didn't, Ann, imbuing, Kyle MacLachlan, Julia Stiles Heather Graham, Bridget Jones, Julia Stiles, I'd, Heather, hadn't, she'd, Richard Cartwright, could've, Liane Moriarty, Deb Fisher, Ginny, Georgia, Annie, Annie didn't, David Lynch, Cooper, Lara Flynn Boyle, weren't, Mark Frost Organizations: CIA, Disney, Entertainment, Getty, ABC

☆ The Gap comeback that might actually be working
▼ + stars: | 2024-10-02 | by ( Cathleen Chen | ) edition.cnn.com time to read: +21 min

Designer Zac Posen — now creative director at Gap Inc., at the Vanity Fair Oscar party in March 2024. Danny Moloshok/ReutersSince 2014, the Gap brand has nearly halved its presence in North America, going from 968 stores in the market to 472 as of February. It makes up about 20% of overall Gap Inc. revenue, while Old Navy accounts for more than half. Before Gap, Posen was on track for a similar trajectory to Mizrahi’s. They started by redefining the positioning of each brand: Gap as a pop culture brand.

Persons: CNN — Zac Posen, Richard Dickson, Posen, Donald, Doris Fisher, Mickey Drexler, Drexler, Uniqlo, Zac Posen —, Danny Moloshok, Sonia Syngal, Dickson, Barbie, Troye Sivan, Da’vine Joy, Anne Hathaway, ” Posen, won’t, Zac, Isaac Mizrahi, ”, Gabriella Santaniello, Mizrahi, Zac Born, Saint Ann’s, Lola Schnabel, Julian Schnabel, Lena Dunham, Nicole Miller, Naomi Campbell, Grimm, —, Da'Vine Joy Randolph —, Jamie McCarthy, Yucaipa, Ron Burkle, Sean Combs, Zac Posen, Neiman Marcus —, Zac Posen — that’s, Zac Posen’s, it’s, Paco Rabanne, Patrick Robinson, Ye, Julie Gilhart, Gilhart, ” Dickson, Bernadette Peters, “, Harrison Ball, Ryan Murphy, ’ ”, TJ Maxx, Kennedy, Anne Hathway, Pietro S, Robert, William Fisher, didn’t, Mark Breitbard, Horacio Barbeito, Chris Blakeslee, Goodman, Stephanie Keith, Da’Vine Joy Randolph’s, Sivan, Hathaway, Julia Fox, influencer, Lee Peterson, hasn’t Organizations: The, Fashion, CNN, Old Navy, Inc, New Yorker, Gap Inc, Navy, Banana, Reuters, Mattel, Hollywood, Xcel Brands, QVC, Saint, Metropolitan Museum of Art, Central Saint Martins, New York Times, Centric Brands, Barneys, New York City Ballet, Swans, Disney, rockstar, Old, America ., Collins Group, Vogue, Bloomberg, Council of Fashion Designers of America, New York, Dôen Locations: Posen, San Francisco Bay, New, Banana Republic, Athleta, San Francisco, Oxford, Zara, North America, Asia, China, Republic, New York City, American, London, Bloomsbury, Balthazar, SoHo, Rome, Italy, New York, America, America . Banana

☆ What a resurgence in Wall Street dealmaking means for Morgan Stanley and Wells Fargo
▼ + stars: | 2024-10-02 | by ( Morgan Chittum | ) www.cnbc.com time to read: +8 min

Great news for Club stocks Wells Fargo and Morgan Stanley : The rebound in investment banking isn't over yet. We'll find out to what extent when Wells Fargo reports earnings on Oct. 11 and Morgan Stanley delivers quarterly results on Oct. 16. MS YTD mountain Morgan Stanley (MS) year-to-date performance For Morgan Stanley, a resurgence in its investment banking division is crucial to our investment thesis and why we stuck with it. WFC YTD mountain Wells Fargo (WFC) year-to-date Morgan Stanley's IB business is much larger than Wells Fargo's. Wells Fargo, which has a strong wealth management franchise, is branching out to take a slice of the IB pie.

Persons: Morgan Stanley, We'll, Wells, Jerome Powell, Powell, Rebecca Brokmeier, Brokmeier, Morgan, Jim Cramer, Goldman Sachs, underperformance, Dan Simkowitz, Jim, We've, Charlie Scharf, Jim Cramer's, William McChesney Martin Jr, Anna Moneymaker Organizations: Club, Wells, Federal Reserve, Wall, P Global Market Intelligence, KPMG, Global, Fed, National Association for Business, CNBC, Morgan Stanley's IB, IB, Bloomberg News, Federal, Getty Locations: U.S, Nashville , Tennessee, Wells, Wells Fargo, Washington , DC

☆ Think allergy season is over? Not so fast, a doctor says
▼ + stars: | 2024-10-02 | by ( Katia Hetter | ) edition.cnn.com time to read: +7 min

For many with allergies, fall is peak season that’s now probably compounded by a warming planet. Allergy season is starting earlier and lasting longer, which scientists attribute to a variety of causes, including the climate crisis. With respiratory viruses also prevalent in colder weather, how can people distinguish between seasonal allergies and a virus? Common symptoms of fall allergies can include a runny or stuffy nose as well as sniffling, sneezing, watery eyes and coughing. Ragweed season typically begins in August and peaks in September but can last into November.

Persons: that’s, Leana Wen, Wen, Jeff Pachoud Organizations: CNN, US Centers for Disease Control, George Washington University, Getty Locations: United States, AFP

☆ The woman fighting to save the Philippines’ last rainforests
▼ + stars: | 2024-10-01 | by ( Nell Lewis | John Lewis | ) edition.cnn.com time to read: +5 min

CNN —Palawan, a cluster of islands in the Philippines, is breathtakingly beautiful. According to Global Forest Watch, Palawan had the most tree cover loss in the country between 2001 and 2023. “Our mission is to conserve the Philippines’ last remaining 3% of pristine rainforest through the establishment of national parks,” she says. The island of Palawan is home to much of the Philippines' last remaining pristine rainforest. Duncan A. MurrellNow, their attention has turned to Sultan Peak, a mountain in the southern half of Palawan island, which has no formal protection.

Persons: Karina May Reyes, KM Reyes, ”, Reyes, Duncan A, Murrell, Aubrey Jayne Padilla, ” Reyes Organizations: CNN, Initiative, UNESCO, Global Forest Watch, Sustainability, Philippines ’, CS Locations: Palawan, Philippines, Puerto, Tubbataha, “, Puerto Princesa, Duncan

☆ Everest grew taller faster after Himalayan river ‘piracy,’ scientists say
▼ + stars: | 2024-09-30 | by ( Mindy Weisberger | ) edition.cnn.com time to read: +8 min

This process, known as river piracy, set in motion a chain of geological events that reshaped the landscape, scientists reported Monday in the journal Nature Geoscience. While some instances of river capture and landscape remodeling began millions of years ago, others are happening today, she added. Evidence of one ancient example still exists around the edges of the Himalayas, where long-ago river capture eroded deep gorges. Han’s simulations suggested that river capture would have dramatically increased the flow of water in the Kosi’s lower segments. Compared with river piracy, erosion and uplift unspool over a much longer time span — and are still happening with Everest, Lhotse and Makalu.

Persons: Everest, ”, Jin, Dai, ” Dai, Devon A, Orme, ” Orme, Nanga Parbat, Xu Han, “ There’s, ” Mindy Weisberger Organizations: CNN, Nature, China University of Geosciences, Colorado, Montana State University, of Earth Sciences, Resources, Slims, Scientific Locations: Arun, Beijing, Antarctica, Himalayas, Tibet, Nepal, Orme, Everest, Canada’s Yukon

☆ 6 global cities most at risk of being in a real-estate bubble, according to UBS
▼ + stars: | 2024-09-29 | by ( William Edwards | ) www.businessinsider.com time to read: +2 min

Only six cities are now at elevated or high risk, down from 16 last year. Miami and Los Angeles are the two US cities most at risk of a housing bubble, the report said. AdvertisementUBS released its 2024 Global Real-Estate Bubble Index report last week, and it showed bubble risks have generally declined over the last 12 months. While 16 cities worldwide were considered to be at elevated or high risk of a real-estate bubble last year, just six cities fit that description today, the report said. Cities with a score above 1.0 are considered to be at an elevated risk, and those with a score above 1.5 are considered high risk.

Persons: —, Claudio Saputelli, Matthias Holzhey Organizations: Miami, Service, UBS Locations: Los Angeles, Frankfurt, Munich, Stockholm, Hong Kong, Paris

☆ A notorious market bear who called the 2000 and 2008 crashes warns stocks are in their 'third great speculative bubble' in the last 100 years
▼ + stars: | 2024-09-28 | by ( William Edwards | ) www.businessinsider.com time to read: +7 min

AdvertisementJohn Hussman, the president of the Hussman Investment Trust who called the 2000 and 2008 market crashes, isn't shy about his characterization of the current market environment. The first piece of evidence Hussman cites is valuation, specifically the total market cap of non-financial stocks to total value added of those stocks. He predicted in 2000 that the S&P 500 would likely see negative total returns over the following decade, which it did. He predicted in April 2007 that the S&P 500 could lose 40%, then it lost 55% in the subsequent collapse from 2007 to 2009. The S&P 500, by comparison, is up about 32% over the past year.

Persons: John Hussman, —, It's, Mike Wilson, Michael Kantrowitz, Lance Armstrong, Hussman, Armstrong, David Walsh Organizations: Service, Hussman Investment Trust, Tour de France, Hussman, Intelligence, Labor Locations: Irish

☆ Watch these warning signs for a potential peak in the stock market's long-term bull rally, NDR says
▼ + stars: | 2024-09-27 | by ( Matthew Fox | ) www.businessinsider.com time to read: +4 min

The secular bull market, which began in 2009, is in a mature stage according to NDR's Tim Hayes. "With the secular bull mature, we're watching out for signs that it may be at risk," he said. AdvertisementWith the S&P 500 in its 15th year of a secular bull market that started in 2009, Ned Davis Research says investors should watch for warning signs of a potential peak. The first warning sign of a near-term peak in the stock market is worsening breadth among the underlying issues of the US stock market. And a rebound in inflation, coupled with rising interest rates, would be an unwelcome warning sign for the current bull rally in stocks.

Persons: Ned Davis, Tim Hayes, —, Hayes Organizations: Ned Davis Research, Service, NDR

☆ Australian, New Zealand dollars scale new highs on China boost
▼ + stars: | 2024-09-25 | by ( ) www.cnbc.com time to read: +3 min

An Australian one-hundred dollar banknote, top, and a New Zealand one-hundred dollar banknote are arranged for a photograph in Hong Kong, China, on Thursday, March 13, 2014. The Australian and New Zealand dollars scaled multi-month peaks on Wednesday while sterling hit its highest in more than two years against a weaker dollar, as China's aggressive stimulus package provided the latest shot in the arm for risk appetite. Data on Tuesday showed U.S. consumer confidence unexpectedly fell in September, amid mounting worries over the health of the labor market. Against a basket of currencies, the dollar last stood at 100.28, languishing near a more than one-year low of 100.21. The dollar index had fallen more than 0.5% in the previous session, its largest one-day percentage fall in a month.

Persons: Sterling, Carol Kong, Wells Organizations: New, Bank of, Federal Reserve, Commonwealth Bank of Australia, greenback, Markets Locations: Australian, New Zealand, Hong Kong, China, Bank of England, U.S, Wells Fargo

☆ A key chart breakout by this materials stock suggests more upside to come
▼ + stars: | 2024-09-25 | by ( David Keller | ) www.cnbc.com time to read: +3 min

But improved price action this week suggests Freeport-McMoRan, Inc. (FCX) may be poised for further upside into the fourth quarter. So with a bearish momentum reading at the May peak, then a bullish momentum reading at the August and September lows, FCX was primed for an upside breakout. The breakout in March 2024, leading to the May peak, suggested a new uptrend as the price exited this basing pattern. The stock gapped higher on Tuesday, pushing above short-term resistance around $46 as well as a trendline using the May and July highs. The stock did become overbought this week, with the RSI popping just above the 70 level on the recent breakout.

Persons: FCX, David Keller Organizations: Inc, Freeport, CMT, CNBC, NBC UNIVERSAL Locations: Freeport, McMoRan

☆ Muğla: A beautiful but overlooked corner of the Mediterranean
▼ + stars: | 2024-09-24 | by ( Richard Quest | Joe Minihane | ) edition.cnn.com time to read: +7 min

Situated in the destination’s stunning southwest, it’s a region that, beyond a few hot spot destinations like Bodrum, is sometimes overlooked by international visitors. An artist’s viewThe best place to start is the sunny seaside town of Göcek, located between Fethiye and Dalyan. ‘The good life’Tourists flock to Dalyan's mud baths to rejuvenate their skin. And that’s where Dalyan’s mud baths come in. The endless views, the blues of the sea and the whites of the beaches help make it a magnificent experience.

Persons: it’s, Dilara Akay, ” Akay, “, ”, Kenan Olgun, Kate Clow, Alexander the Great, Clow, shirk, ‘, Murad Sezer, Sergey Alimov, King Miletus, Byblis, Caunus, Ali Riza Akkir, I’ve, Ertas Organizations: CNN, Bodrum’s, Akay, “, Tourists, Reuters, Anadolu Agency, Getty Locations: Muğla Province, it’s, Turkey, Göcek, Fethiye, Muğla, Aegean, Egypt, Hammam, Antalya, Lycia, “ Turkey, France, Spain, ‘ Turkey, Rivers, Kaunos

☆ GM’s EV sales momentum is finally building as new vehicle lineup fills out
▼ + stars: | 2024-09-23 | by ( Michael Wayland | ) www.nbcnews.com time to read: +7 min

While GM has withdrawn most of its previously announced electric vehicle targets, the automaker believes its EV sales momentum is finally building thanks to an expanding lineup of all-electric vehicles — spanning a price range of roughly $35,000 to more than $300,000. GM sold nearly 21,000 EVs in the U.S. in July and August — almost matching its full second-quarter EV sales. GM’s EV sales through August were up about 70% compared with a year earlier. It still remained more than 20,000 units shy of Hyundai/Kia EV sales through last month. Growing EV lineupGrowing EV lineupGM currently offers eight “Ultium-based” EVs for consumers — referring to its electric vehicle architecture and battery technologies.

Persons: WARREN, Mary Barra, Elon Musk’s, ” Rory Harvey, “, ” Harvey, GM’s, Tesla, Harvey, ”, Stephanie Brinley, ” Brinley, EVs, ” “, ‘ Butts, Barra, carmaker Organizations: General Motors, Detroit, U.S, GM, Elon Musk’s carmaker, Hyundai, Kia, Ford, CNBC, Detroit automaker, Motor Intelligence, EV, P, ” Cox Automotive Locations: Mich, North America, U.S, Detroit, Barra, U.K, ”, EVs

☆ California sues ExxonMobil for alleged decades of deception around plastic recycling
▼ + stars: | 2024-09-23 | by ( Angela Dewan | ) edition.cnn.com time to read: +4 min

CNN —California Attorney General Rob Bonta filed a lawsuit against ExxonMobil on Monday for what the state calls a “decades-long campaign of deception” in which the oil and gas giant allegedly misled the public on the merits of plastic recycling. Bonta is also asking the court to rule ExxonMobil must pay civil penalties, among other payments, for the harm inflicted by plastic pollution in California. “For decades, ExxonMobil has been deceiving the public to convince us that plastic recycling could solve the plastic waste and pollution crisis when they clearly knew this wasn’t possible. Recent reports have shown only around 9% of the world’s plastic is recycled, a figure that’s even lower in the US, around 5 to 6%. Recycling has not kept pace with plastic production, which has doubled over the past 20 years.

Persons: Rob Bonta, ExxonMobil “, Bonta, ” Bonta, “, Judith Enck, ”, Laura Paddison Organizations: CNN, ExxonMobil, San, Court, “, of Justice, ”, Environmental Protection Agency, Beyond Plastics, Bennington College in Locations: California, San Francisco County, Bennington College in Vermont

☆ ‘Billions’ of golf balls could be lost every year. Where do they end up?
▼ + stars: | 2024-09-19 | by ( Jack Bantock | ) edition.cnn.com time to read: +20 min

Found Golf Balls CEO Shaun Shienfield, whose company recovers and resells millions of lost balls across the US and Canada each year, told CNN that he gauged the average to be between three and four each round. Using Shienfield’s low estimate, that’s over 1.5 billion balls lost in the US every year since 2020. “While precise global estimates are challenging … the worldwide figure could easily exceed 3 to 5 billion golf balls lost each year,” Petersen told CNN. Mitchell Schols, founder of Canada-based Biodegradable Golf Balls, put a “very conservative” estimate for North America at one million balls lost to oceans annually. One UK-based man told CNN in 2015 that he could earn up to £100,000 (about $114,000) annually by diving to retrieve golf balls from lakes on golf courses.

Persons: Woods, Jonathan Ferrey, Shaun Shienfield, Torben Kastrup Petersen, ” Petersen, Loch, Cam Bauer, fairways, Jae C, Paula Gallani, Jack Taylor, Bonifas, Paul Barker, Alex Livesey, Josh Noel, Richard Heathcote, Sam Greenwood, Mohammed Afzal Abdul Afghanistan'shas, Mohammed Afzal Abdul, Shah Marai, Africa's, Alf Caputo, Mi Jung Hur, Michael Cohen, Matthew Savoca, Davis, Alex Weber, Savoca, Weber, Jack Johnston, Ezra Shaw, ” Savoca, “, there’s, ”, Mitchell Schols, Petersen, Kevin C, Cox, Schols, Albus Golf, ” Schols, Jared C, Tilton, “ I’m Organizations: CNN, United States Golf Association, National Golf Foundation, Danish Golf Union, La, Don Mueang International Airport, Getty, Chicago Tribune, Tribune, Service, La Paz Golf Club, AFP, Soviet Army, Kenya, Ladies European, Indy Women, Tech, University of California, Carmel High School, Monterey Bay National, National, Canada, North America, “, USGA, Pebble Beach Resorts Locations: Pebble Beach , California, Stillwater, Monterey , California, Canada, Greenland, Norway, Hawaii, France, Bangkok, Don, AFP, North, South Korea, Washington, Uummannaq, Coeur D'Alene, Death Valley , California, South Carolina, Bolivia, Kabul, Kenya, Australia, Ceduna, Kalgoorlie, Monterey Bay, Pebble Beach, Cypress Point, Carmel, California, Monterey, Japan, England, Germany, America, –, Spanish, London, Florida

☆ Investors should be hesitant to dive into stocks after the rate cut, with election uncertainty looming, Fundstrat's Tom Lee says
▼ + stars: | 2024-09-19 | by ( Kelly Cloonan | ) www.businessinsider.com time to read: +3 min

But after Wednesday's big 50 basis point cut, Lee says he sees uncertainty looming ahead of the election. AdvertisementProminent stock market bull Tom Lee has long called for a big rally after the Federal Reserve cuts interest rates. But after a big 50 basis point cut on Wednesday, Lee says he's feeling cautious ahead of the November election. That rally would happen regardless of a 25 or 50 basis point cut, he said, if the Fed suggested future cuts are likely. With election-related volatility ahead, Lee recommends investing in cyclical stocks in areas like industrials, financials, and small caps.

Persons: Tom Lee, Lee, —, SoFi's Liz Young Thomas Organizations: Federal Reserve, Service, Fundstrat Global Advisors, CNBC, Fed, Business

☆ A pilot reveals the tricks to one of the world’s most difficult landings
▼ + stars: | 2024-09-17 | by ( Lilit Marcus | ) edition.cnn.com time to read: +6 min

The orange-robed icon looks on as the pilot speedily executes a dramatic last-minute turn to land the A319 on the slender runway. That’s just another normal working day at Bhutan’s Paro International Airport (PBH), widely considered one of the most technically difficult plane landings in the world. Paro is a category C airport, which means that pilots must have special training to fly there. As the national flag carrier, Druk Air has taken much of the responsibility for pilot training on itself. He believes there are 50 licensed pilots in Bhutan, but that number could easily double in the next few years.

Persons: Bhutan CNN —, That’s, Lilit Marcus, ”, Chimi Dorji, Dorji, It’s, ” Dorji, isn’t, it’s, “ Organizations: Bhutan CNN, Paro International, CNN, Druk, Royal Bhutan Airlines, CNN Travel, Air, KLM, Qantas, Delta Air Lines, Druk Air Locations: Thimpu, Bhutan, Paro, China, India, New Delhi, Bangkok, Kathmandu, Hanoi, Bengal, ”, North America, Europe

☆ Commercial property has been in a slump. How lower interest rates could lift it out.
▼ + stars: | 2024-09-17 | by ( Daniel Geiger | ) www.businessinsider.com time to read: +8 min

Read previewUma Moriarity, a senior investment strategist at a real estate investment firm based outside of Philadelphia, is feeling better about deal-making in commercial real estate. A reduction in the Fed's benchmark rate would bring relief to the $22.5 trillion US commercial real estate market, which was shaken by a series of interest rate increases beginning in March 2022. AdvertisementThe increases diminished commercial property values, raised mortgage defaults, and triggered the sector's worst downturn since the financial crisis more than 15 years ago. "We're looking at a very good 2025 and beyond," Mark Rose, the CEO of the real estate services firm Avison Young, said. "Commercial property prices have increased over the past few months as bond yields have declined," Peter Rothemund, the co-head of strategic research at Green Street, said in the firm's recent property pricing report.

Persons: —, Uma Moriarity, Moriarty, Mark Rose, Avison Young, Richard Barkham, We've, Fitch, CMBS, Peter Rothemund, Alan Todd, Todd, CLO Organizations: Service, Federal Reserve, Business, CenterSquare Investment Management, Green, Mortgage, Association, Bank of America, Bank of America Securities Locations: Philadelphia, Trepp

☆ A neuroscientist is more efficient than ever after making 3 simple changes that take advantage of when her brain works best
▼ + stars: | 2024-09-16 | by ( Kim Schewitz | ) www.businessinsider.com time to read: +5 min

Read previewMithu Storoni, a neuroscientist and expert on mental stress, made three "radical" changes to the way she works after writing her latest book on optimizing workflow. Data suggests the brain is better at performing certain tasks at certain times of the day, Storoni said. AdvertisementSchedule tasks around brain rhythmAs much as possible, Storoni now schedules her working day around the type of tasks she needs to do. But provided you have at least some agency over when you do which tasks, this idea could be applied to a typical working day, she said. AdvertisementWhen she's doing focused or creative work, Storoni puts her phone face down on silent, pauses her email notifications, and doesn't read anything.

Persons: —, Storoni, Slack, it's, Daniel de la, I'm Organizations: Service, Business, Creative Locations: Australia, France, Germany, Japan

☆ A big Fed meeting looms in the week ahead as economic concerns percolate
▼ + stars: | 2024-09-13 | by ( Sarah Min | ) www.cnbc.com time to read: +5 min

The Federal Reserve is set to meet Tuesday and Wednesday — and is is widely anticipated to make its first interest rate cut after embarking on a hiking campaign in March 2022. As it is, stocks are headed for a winning week ahead of the meeting. On Friday, the CME FedWatch tool showed markets were split how big the rate cut would be. Investors will also watch what Fed policymakers will signal in its summary of economy projections regarding future policy moves. He worries that stocks will rally heading into the central bank meeting, with investors possibly selling the news afterward.

Persons: It's, disinflation, Chadha, CNBC's, Dave Sekera, Giuseppe Sette, Sette, BTIG's Jonathan Krinsky, Morningstar's Sekera, Bank Asset Management Group's Bill Northey, Mills, homebuilder Organizations: Federal, Deutsche Bank, Dow Jones, Nasdaq, Morningstar, U.S, Bank Asset Management Group's, Olive, Darden, FedEx, Index, Retail, Manufacturing, Housing, Philadelphia Fed Locations: U.S, Olive Garden, NAHB

☆ Polaris Dawn crew conducts historic spacewalk during SpaceX mission
▼ + stars: | 2024-09-12 | by ( Jackie Wattles | Ashley Strickland | ) edition.cnn.com time to read: +8 min

Editor’s note: Relive the SpaceX Polaris Dawn historic commercial spacewalk as it happened. The Polaris Dawn crew can see a sunrise and sunset about every 106 minutes. Polaris Dawn crew members are seen within the SpaceX Crew Dragon capsule. Instead, the Polaris Dawn crew will receive their life support from long hoses attached to their spacecraft. Polaris Dawn crew member and SpaceX engineer Sarah Gillis is seen during the first commercial spacewalk.

Persons: —, Polaris Dawn crew’s, Jared Isaacman, Scott “ Kidd ” Poteet, Anna Menon, Sarah Gillis —, Isaacman, “, ” Isaacman, Gillis, ” Mennon, Bill Nelson, ” Nelson, Hatch, we’ve, Garrett Reisman, Sarah Gillis, Elon Musk, ” What’s, they’re, ” Organizations: SpaceX Polaris, CNN, Polaris, SpaceX, Shift4, US Air Force, NASA, Space, ISS Locations: wiggling, U.S

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