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He was still at large in July 2021, when he took part in a fight in Salt Lake City that left another man dead. He’d been living in a park in downtown Salt Lake City, and he’d decided to cook for his hungry new friends. The Salt Lake City Police Department also declined, even though its investigation into Senn’s death was complete. In recent years he appeared to split his time between Chicago and Salt Lake City. Mark Peterson/ReduxReturning to Salt Lake City by unknown methods, Banuelos resumed his frequent appearances in local police reports.
Persons: John Banuelos, ” “, ” — Derrick Evans, Banuelos, Christopher Senn, Victoria Thomas, “ Chris, , John, he’s, he’d, Chris Senn, John Banuelos Long, Chris, Chris ’, Gabe Hamilton, Thomas, Taylorsville, ” Christopher Senn, Victoria Thomas Chris, they’re, Randall, Talisha, Toro, , ” Victoria, , vaping, ” Banuelos, Michael Lawlor, George Floyd, Trump’s, I’m, Donald Trump, Mark Peterson, ‘ He’ll, , Senn, ‘ I’m, FBI hasn’t, John Banuelos “, Steven Parisot, Det, Weldon Wilson, ” Parisot, ” Wilson, Banuelos wasn’t, Sim Gill, … He’s, Gill, Rick Bowmer, ” Gill, that’s, “ Banuelos, Gary Wickersham, Rebecca Lavrenz, Grandma, Lavrenz, , Derrick Evans, who’d, Evans, Will Price, ” Evans, “ …, hadn’t, Tanya Chutkan, Chutkan, Judge Chutkan, Trump, He’d, ” Chutkan, “ I’ve, Lawlor, ” Lawlor, ” Victoria Thomas, Victoria, Christopher Senn's, Victoria Thomas “, — Victoria Thomas, ” Randall Organizations: CNN, Capitol, FBI, Banuelos, Chicago Police Department, Independence, Salt Lake City —, U.S, Attorney’s, District of Columbia, Salt Lake City Police Department, DC, Federal Bureau of Prisons, Salt Lake City . Chicago Police Department, Police, U.S . Capitol, TRUMP, Trump, Salt Lake City, National Threat Operations Center, Vice News, Liberty, ” Police, KUTV, KSL, NBC, Army, Congress, West Virginia House, West, West Virginia Legislative, Justice Department Locations: Salt Lake City, Senn, Illinois, Liberty, Utah, Randall’s, Victoria, Salt Lake, Chicago, Burger, Washington, Banuelos, Salt Lake County, Colorado, West Virginia, , Salt, Valley, Provo , Utah
Norma Field walks under power lines coming off of the nuclear plant on Three Mile Island (TMI), with the operational plant run by Exelon Generation, in Middletown, Pennsylvania. Constellation Energy plans to restart the Three Mile Island nuclear plant and will sell the power to Microsoft, demonstrating the immense power needs of the tech sector as they build out data centers to support artificial intelligence. Constellation described the agreement with Microsoft as the largest power purchase agreement that the nuclear plant operator has ever signed. Three Mile Island would be the second nuclear plant to restart operations in U.S. history. The Palisades nuclear plant in Michigan would be the first, with that plant expected to return to service at the end of 2025.
Persons: Norma Field, Constellation, Joe Dominguez, Goldman Sachs Organizations: Exelon, Constellation Energy, Microsoft, Constellation, Nuclear Regulatory Commission, Clean Energy Center, Rystad Energy, Turkey . Tech, Amazon Web Services, Talen Energy, Susquehanna, Oracle Locations: Middletown , Pennsylvania, Turkey, Pennsylvania, Michigan
ISER Caribe executive director Stacey Williams dives underwater to clip lines of astroturf-like material where baby sea urchins are growing. The group is working to restore 5 acres of coral reef in Puerto Rico by planting fragments across six reefs and returning long-spined sea urchins to the ecosystem. Then, once the urchins reach young adult size, the researchers place them in a coral reef in need of extra support. Manzello said scientists used to think coral had a longer runway — perhaps until 2040 or 2050 — before conditions became so grim. A look at the underwater lab where ISER Caribe nurtures baby sea urchins.
Persons: Derek Manzello, ” Manzello, , That’s, they’d, Stacey Williams, Jackie Montalvo, Maura Barrett, , , ” Williams, Juan Torres, Andrew Baker, ” Baker, Manzello, “ You’re, We’ve, haven’t, Evan Bush Organizations: Oceanic, Reef Watch, NOAA, Atlantic, ISER Caribe, NBC, Preserve ., Institute for, Ecological Research, ISER, NASA, Caribe, University of Miami, Rosenstiel, of Marine, Science Locations: Florida, Atlantic, Brazil, Puerto Rico, ISER Caribe, Puerto Rican, La Parguera, Honduras, Caribbean, Seattle, La
"If he drops out of the race, it helps the state of North Carolina," added Jackson, who is running to be the state's next attorney general. Under state law, if Robinson were to end his campaign, the state executive committee of the North Carolina GOP would name his replacement. And in March, during a speech at the National Rifle Association conference, Trump called Robinson “Dr. And he got up and he’s doing fantastically well in North Carolina. And I think he’s going to be the next governor of North Carolina.”
Persons: Mark Robinson, Robinson, , ” Robinson, Josh Stein, Rep, Marjorie Taylor Greene, Jeff Jackson, Jackson, Izzi Levy, Donald Trump, , ” Stein, Stein, Trump, Robison, Mark’s, He’s, ” Trump, Dr, Martin Luther King Organizations: Republican, CNN, NAZI, Democratic, Capitol, , Democratic Governors Association, Republican Governors Association, Republican National Convention, North Carolina Board, North, GOP, NBC News, Quinnipiac University, Republicans, National Rifle Association Locations: North Carolina, Georgia, D, Africa, Asheboro , North Carolina
WASHINGTON — While President Joe Biden’s primary residence is still the White House for another few months, he plans to host world leaders at another home this weekend: his house in Wilmington, Del. NBC News is the first to report that he will host those meetings at his Delaware home. Biden first discussed hosting the summit in his hometown after Kishida brought leaders of the G7 alliance to his hometown of Hiroshima in 2023. “The prime minister is rightly very proud of Hiroshima and his experiences there. Biden has also had each prime minister to the White House for an official state visit, an honor reserved for the closest allies.
Persons: Joe Biden’s, Biden, Anthony Albanese, Narendra Modi, Fumio Kishida, ” John Kirby, Kishida, ” Kirby, , Kamala Harris Organizations: White House, NBC, Archmere Academy, Anthony Albanese , Indian, Japanese, White, National Security Communications, United Nations General Assembly, Economic Cooperation, U.S Locations: WASHINGTON, Wilmington, Del, Australia, India, Japan, Delaware, Anthony Albanese ,, Hiroshima, South China, New York, U.S, Africa, Angola, Asia, Peru, Brazil
In early 2024, before he was arrested, a photo of Oliva-Lopez pepper-spraying officers was featured in both a Joe Biden campaign and a presentation on the Capitol attack caseload by U.S. Attorney Matthew Graves. Andy Steven Oliva-Lopez at the Capitol on Jan. 6, 2021. "Both officers report that the orange spray went under their face shields and contacted their faces directly," the statement of offense notes. At least 140 officers were assaulted during the attack, and several officers died in the aftermath: one of natural causes, others by suicide. Trump has pleaded not guilty, and a potential trial would only move forward if he loses the presidential election again this year.
Persons: WASHINGTON, Donald Trump, Joe Biden, Andy Steven Oliva, Lopez —, sleuths, Capitol —, Oliva, Lopez, Matthew Graves, Weeks, Lopez's, Olivia, Trump, Jan, “ Trump Organizations: Capitol, U.S . Capitol, U.S, NBC, FBI, Trump, pitchfork, Boys, New York Times Locations: United States, Oregon
TOKYO — A 10-year-old student at a Japanese school in China died Thursday after being stabbed on the way to school the day before, Japanese officials said, as they demanded that Beijing do more to protect Japanese nationals in the country. Lin said the boy was a Japanese national whose parents are Japanese and Chinese citizens. “Effective measures will continue to be taken to ensure the safety of foreigners in China, including people from Japan,” he said. According to the Chinese Foreign Ministry, the student was stabbed on Wednesday about 220 yards away from the Shenzhen Japanese School in the southern Chinese city of Shenzhen. Flags at Japanese diplomatic missions in mainland China and Hong Kong were lowered on Thursday.
Persons: Fumio Kishida, Kishida, , , Philip Fong, Lin Jian, Lin, Yoko Kamikawa, Kamikawa, ” Arata Yamamoto, Rae Wang Organizations: Washington, Foreign Ministry, Chinese Foreign Ministry, Shenzhen Japanese School, Foreign Affairs, Embassy, Weibo Locations: TOKYO, China, Beijing, Japan, U.S, Japanese, Shenzhen, Mukden, Shenyang, Manchuria, Suzhou, Tokyo, Guangzhou, Hong Kong, Asia, Pacific, Chinese, Jilin
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
On Wednesday, Boeing announced it will be temporarily furloughing a "large number" of white-collar employees. The news comes after around 30,000 Boeing workers began a strike on Friday after rejecting a new pay contract. "We are initiating temporary furloughs over the coming days that will impact a large number of US-based executives, managers, and employees," Kelly Ortberg, the CEO of Boeing, wrote in an email to employees. In a union vote on September 12, workers voted against an agreement that Boeing and the labor union for machinists and aerospace workers had proposed. Read the full memo Ortberg sent to employees:Team,As you know, the IAM 751 and W24 went on strike last Friday.
Persons: Kelly Ortberg, Ortberg, It's, furloughs, Kelly Organizations: Service, Wednesday, Boeing, Employees, Business Insider, IAM Locations: Boeing's, Pacific Northwest
CNN —Ukraine’s electricity supply risks “severe disruptions” this winter, the International Energy Agency (IEA) has warned, urging Kyiv’s allies to help address the country’s energy security. Russia has repeatedly attacked Ukraine’s energy infrastructure with missiles and drones since its full-scale invasion in February 2022, but its bombardments have intensified recently, leaving the country in a precarious position as colder weather approaches. Ukraine has also attacked Russia’s energy infrastructure. In its report, the agency outlines 10 measures that Ukraine and its allies should implement to tackle risks to the country’s energy supply. She also noted that the EU had contributed at least €2 billion ($2.2 billion) toward Ukraine’s energy system since Russia’s full-scale invasion began.
Persons: Kyiv’s, Fatih Birol, Ukraine’s, Ursula von der Leyen Organizations: CNN, International Energy Agency, European Union, Work, EU Locations: Russia, Ukraine, Moscow, Denmark, Europe, Lithuania
NASA’s Orion spacecraft for the Artemis I mission was successfully recovered on December 11, 2022, off the coast of Baja California. Regan Geeseman/NASARadiation worriesNASA has studied the impact of space radiation on human health for decades, dating back to the first crewed space missions of the 1960s. Long-duration space missions to the moon and Mars will expose astronauts to radiation from cosmic rays, or high energy particles that move through space. Courtesy NASAPlanning for Artemis IIIf a solar storm were to occur while the Artemis astronauts were in space, it could last for days. NASA astronaut Christina Koch participates on August 1 in crew geology training in Iceland ahead of the Artemis II mission.
Persons: Artemis II, Artemis I, Artemis, torsos, Helga, Zohar, , Sergi Vaquer Araujo, Araujo, ” Araujo, NASA’s, Regan Geeseman, Earth’s Van Allen Belts, Van Allen Belts, Stuart George, Kim Shiflett, ” George, George said, Artemis III, Reid Wiseman, Victor Glover, Christina Koch, Jeremy Hansen, Robert Markowitz, Kelsey Young Organizations: CNN, Orion, European Space Agency, NASA’s Orion, NASA, Space, Apollo, Space Center, Kennedy Space Center, Canadian Space Agency, Goddard Space Flight Locations: Artemis, Baja California, Earth’s, Houston, Mars, Florida, Iceland, Greenbelt , Maryland
Monthlong heat waves. AdvertisementLocal climate hazardsTo make predictions at a city level, Mackres said WRI built on global climate modeling done by hundreds of other researchers. World Resources InstituteIn Bengaluru, India's fifth-most-populous city, extreme heat has caused severe water shortages and surging energy demand. Now it ranks second behind San Francisco after a series of deadly heat waves prompted residents to install AC. If that demand is met with fossil fuels like oil, gas, and coal, it could exacerbate the climate crisis, WRI said.
Persons: WRI, Eric Mackres, Mackres, haven't Organizations: Service, World Resources Institute, Ross Center for Sustainable Cities, Resources, Bengaluru, US, San Locations: Saharan Africa, Latin America, Indonesia, Africa, Asia, Seattle, Rio de Janeiro, Johannesburg, Bengaluru, India, India's, Brazil, US Pacific Northwest, San Francisco, Tehran, Iran, Marrakech, Morocco
Gold holds ground after Fed's oversized rate cut
  + stars: | 2024-09-19 | by ( ) www.cnbc.com   time to read: +2 min
Gold bars and gold coins of different sizes lie in a safe on a table at the precious metal dealer Pro Aurum. Gold prices held steady on Thursday after hitting a record high in the previous session, after the U.S. Federal Reserve delivered a super-sized interest rate cut. Spot gold was little changed at $2,562.85 per ounce, as of 0319 GMT after scaling a record high of $2,599.92 on Wednesday. Powell, however, said the economy remained strong, with many job market indicators like unemployment claims and even the current 4.2% unemployment rate not at worrying levels. Zero-yield bullion tends to be a preferred investment in a lower interest rate environment and during geopolitical turmoil.
Persons: Jerome Powell, Powell, Kelvin Wong, OANDA's Organizations: Aurum, U.S . Federal Reserve, Fed, Asia, Traders Locations: ., Lebanon
Related storiesFranchetti referenced that assessment again in her speech, saying that it's "what Chairman Xi told his forces, that they should be ready for war by 2027." Fears of a US-China war have further been stoked by Beijing turning more hostile in its territorial disputes with Japan and US allies in the South China Sea. "By 2027, the Navy will be more ready for sustained combat," she said. The admiral aims to have 80% of US naval forces ready to deploy and fight anytime. "We have learned a great deal about the future of war at sea," Franchetti said.
Persons: , Lisa Franchetti, Franchetti, Xi Jinping, Xi, Joe Biden, It's, Yemen's Houthi, we've Organizations: Service, US Navy, Business, Naval War College, Democratic Progressive Party, Navy, Star, Pacific Fleet, Russia, Associated Press, 6th, Joint Chiefs, Staff Locations: China, Beijing, Taiwan, Rhode Island, People's Republic of China, Japan, South China, Russia, Iran, Republic of China, Washington, Ukraine
CNN —Donald Trump’s campaign declined to say Thursday whether North Carolina Lt. Gov. The report immediately rippled through the 2024 presidential race, where North Carolina is a target for both Trump and Harris. “My hope is that the lieutenant governor can reassure the people of North Carolina that the allegations aren’t true,” he said. Another North Carolina Republican, Rep. Greg Murphy, also called the allegations “very concerning” but raised doubt about their authenticity. CORRECTION: This story has been corrected to note that North Carolina Rep. Greg Murphy is not part of the House Freedom Caucus.
Persons: Donald Trump’s, Mark Robinson, “ Martin Luther King, Kamala Harris ’, Robinson, Trump, he’d, , Harris, Harris ’, Martin Luther King, Trump’s, Biden, ” Trump, Karoline Leavitt, , , we’re, Josh Stein, Roy Cooper, “ Donald Trump, ” Cooper, Stein, Josh, Izzi Levy, ” Levy, Jeff Jackson, Carolina Sen, Thom Tillis, ” Tillis, Richard Hudson, Hudson, Greg Murphy, Ralph Norman, he’s, Norman, ” Norman, Marjorie Taylor Greene, Georgia, CNN’s Alayna Treene, Kristen Holmes, Aaron Pellish, Dianne Gallagher, Annie Grayer, Morgan Rimmer, Kate Sullivan, Omar Jimenez Organizations: CNN, Gov, Republican, Trump, White, NAACP, ” North, ” North Carolina Democrats, NC GOP, Democratic Governors Association, Republican Governors Association, North Carolina Rep, Democratic, Republicans, North, North Carolina General Assembly, North Carolina Republican, South Carolina Rep, Caucus, GOP Locations: North Carolina, Greensboro , North Carolina, Asheville, Asheboro, , ” North Carolina, Hill, Carolina
It’s also here, on an unassuming downtown street, a small start-up called Energy Singularity is working on something extraordinary: nuclear fusion energy. Nuclear fusion, the process that powers the sun and other stars, is painstakingly finicky to replicate on Earth. The Chinese government is pouring money into the venture, putting an estimated $1 billion to $1.5 billion annually into fusion, according to Jean Paul Allain, who leads the US Energy Department’s Office of Fusion Energy Sciences. The US was among the world’s first to move on the futuristic gambit, working on fusion research in earnest since the early 1950s. CNNThe US has been a fusion leader for decades; it was the first nation to apply fusion energy in the real world — in a hydrogen bomb.
Persons: It’s, Lam Yik Fei, Jean Paul Allain, Biden, , it’s, ” Allain, Andrew Holland, Holland, , ” Holland, Damien Jemison, Lawrence, Melanie Windridge, Mikhail Maslov, Allain Organizations: CNN, 6G, Beijing outspends DC, New York Times, US Energy Department’s, Fusion Energy Sciences, Private, Nikkei . Energy, MIT, Fusion Industry Association, Princeton, Physics, American, America, Commonwealth Fusion Systems, ” CNN, China’s National Energy Administration, Lawrence Livermore National Laboratory, Fusion Energy, EAST, UK Atomic Energy Authority Locations: Shanghai, America, China, Beijing, Washington, DC, Japan, Europe, United States, Hefei, Xinhua, Massachusetts, Hiroshima, California, Lawrence Livermore
Morgan Stanley reiterates Apple as overweight The firm said iPhone 16 demand may not be as bad as feared after comments from the T-Mobile CEO. Morgan Stanley reiterates Nio as overweight Morgan Stanley said it's bullish on the EV company as Nio unveils its latest mid-sized family model, the L60. " Morgan Stanley reiterates Tesla as overweight Morgan Stanley said it's concerned about the company's robotaxi event but that it's standing by the stock. Morgan Stanley downgrades Elanco to equal weight from overweight Morgan Stanley said it "lacks conviction" in shares of the pet biopharma company. "We are initiating on Coursera (COUR) with a Buy rating and a PO of $11 (44% upside potential).
Persons: Morgan Stanley, Apple, TMUS, Piper Sandler, Robinhood, Piper, KeyBanc, Redburn, Mizuho, Raymond James, Nio, it's bullish, TD Cowen, Cowen, Tesla, it's, Hertz, Wells, Morgan Stanley downgrades Elanco, rideshare Organizations: Mobile, Apple Intelligence, JPMorgan, Gas Sciences, Kodiak Gas Services, Talos Energy, Northern Oil, Nio, Micron, Barclays, UW, Laboratories, Abbott Laboratories, Outfront Media, " Bank of America Locations: Kodiak
$ 5.34 $ 5.34 Estimated Environmental cost + $ 22.02 Say a pound of beef costs $5.34 at your local supermarket. The Hidden Environmental Costs of Food Damage to the natural world isn’t factored into the price of food. The proponents of true cost accounting don’t propose raising food prices across the board, but they say that increased awareness of the hidden environmental cost of food could change behavior. (True cost accounting also typically includes things like labor rights and dietary health, but here we’re focusing on environmental costs.) Large disparities between the retail price of food and its environmental costs are found in the proteins many of us eat every day.
Persons: True Price, , Claire van den Broek, “ They’re, Alexander Müller, True, , Scott Swinton, Roger Cryan, Mario Herrero, chickpeas Organizations: United Nations, Rockefeller Foundation, True, Sustainability, Michigan State University, American Farm Bureau Federation, New, Cornell University, Price, Beef, Oxford University, , U.S . Department of Agriculture, Mountain, United Nations Food, Agriculture Organization Locations: Dutch, United States, Berlin, New York State, Denmark, Walmart.com, U.S, North America, Europe, Brazil, India, Netherlands, Germany
In a little over a month, they will learn whether they have won of one of the most coveted competitions for emerging designers: The Council of Fashion Designers of America/Vogue Fashion Fund. It provides 10 finalists with access to industry leaders, with mentorship on everything from growing their brands to showing at New York Fashion Week. “The fashion fund is also beyond the tangible mentorship or grant, it’s a visibility play,” the CEO said. “The first fashion fund was the reason we started doing runway shows,” he said. Rogers and past finalist House of Aama will be taking their designs to the CFDA/Vogue Americans in Paris Initiative during Paris Fashion Week.
Persons: , Proenza Schouler, Thom Browne, Browne, Anna Wintour, Roopal Patel, Steven Kolb, There's, Grace Ling, Ling, , Kolb, Sebastien, Marianne Amisial, Sebastien Ami, , “ It’s, Christopher John Rogers, Michelle Obama, Tracee Ellis Ross, Rogers, Shawn Grain Carter, Michael Kors, ” Jackson Wiederhoeft, prepping, Wiederhoeft, Tommy Hilfiger, Rebecca Henry of House, Aama, she's, what's Organizations: New York, Fashion Designers of America, Vogue, Fund, Saks, American, Pacific Islander, Associated Press, Fashion Institute of Technology, Paris Initiative, Paris Locations: New, U.S, Singapore, ” Louisiana, Bushwick, Soho, Paris, Manhattan,
Historian John McManus rates the accuracy of World War II battles in movies and TV shows. He describes the many challenges of the Battle of Okinawa as portrayed in "Hacksaw Ridge," starring Andrew Garfield, Vince Vaughn, and Sam Worthington. He compares the portrayals of the Battle of Iwo Jima in Clint Eastwood's "Flags of Our Fathers," starring Ryan Phillippe, Adam Beach, and Paul Walker; and "Letters From Iwo Jima," starring Ken Watanabe. He discusses World War II-era munitions in "The Pacific," starring Joseph Mazzello and Rami Malek. He breaks down the tank battles in "Battle of the Bulge," starring Henry Fonda and Charles Bronson.
Persons: John McManus, Austin Butler, Barry Keoghan, Andrew Garfield, Vince Vaughn, Sam Worthington, Clint Eastwood's, Ryan Phillippe, Adam Beach, Paul Walker, Ken Watanabe, Joseph Mazzello, Rami Malek, Michael Bay's, Ben Affleck, Josh Hartnett, Alec Baldwin, Nicolas Cage, Mark Ruffalo, Henry Fonda, Charles Bronson, Sean Penn, Jared Leto Organizations: Business Locations: Okinawa, Iwo Jima
Hong Kong CNN —Hong Kong aviation investigators say an engine problem that caused Cathay Pacific to ground its entire fleet of Airbus A350 jets for inspection earlier this month could have escalated into “extensive damage.”Cathay canceled dozens of flights in early September, citing the need to inspect its A350 planes after the engine issue forced a Zurich-bound flight to return to Hong Kong shortly after takeoff on September 2. The airline had previously identified an engine component failure on the affected aircraft, though it stopped short of revealing what the problem was. The AAIA recommended the European Union Aviation Safety Agency to require Rolls-Royce, the engine maker behind the popular A350 long-haul jets, to “develop continuing airworthiness information” on the problem. Following the incident, Cathay conducted a thorough inspection of its 48-strong A350 fleet and replaced components on 15 of the planes. CNN has reached out to Cathay and Rolls-Royce for comment.
Persons: Royce Organizations: Hong Kong CNN, Hong, Cathay, Airbus, Accident Investigation, European Union Aviation Safety Agency, Royce, Trent, CNN Locations: Hong Kong, Cathay Pacific, Zurich
Bank of England in the City of London as economists and mortgage holders await this week's interest rate announcement on 28th July 2024 in London, United Kingdom. LONDON — European markets were poised to open higher as investors digested the U.S. Federal Reserve's first interest rate cut in four years and looked ahead to the Bank of England's rate decision later in the session. Back in Europe, investor attention is now turning to the Bank of England, with the central bank largely expected to hold rates steady at 5%. The Fed's jumbo rate cut is unlikely to impact the Bank of England, according to economists, as the central bank ratified its decision around lunchtime Wednesday, hours before the U.S. announcement. Also on Thursday, Norway's central bank will deliver its latest interest rate decision.
Persons: Germany's DAX, Tiina Lee, CNBC's Organizations: of England, City of, LONDON, . Federal, Bank of, FTSE, France's CAC, Fed, Bank of England, Citi UK Locations: City, City of London, London, United Kingdom, ., Trading, Asia, Europe, U.S, Norway's
But in his own way (very demure, very mindful) that is what happened Wednesday when he announced the Fed’s first rate cut in four years, a giant half-point reduction that will lower the cost of borrowing and offer financial relief for consumers and businesses. Whenever a reporter asks him about politics, Powell refuses to bite. Like on Wednesday, when he was asked whether the half-point rate cut had political motivations, he responded with something approaching exasperation. It’s just maximum employment and price stability on behalf of all Americans.”Of course, that’s unlikely to stop either party from using the rate cut news to their advantage, given that the economy is the No. Trump can continue to claim that a rate cut is a sign the economy is weak.
Persons: CNN Business ’, Jerome Powell, That’s, ” Powell, “ We’re, Republican Sen, Tommy Tuberville, , Kamala Harris, , it’s, It’s, Jason Furman, Donald Trump, they’re, Pubkey, ” Trump, Powell, He’s, Joe Biden, Powell isn’t, Barack Obama, don’t, Harris, Biden, Steve Sosnick Organizations: CNN Business, New York CNN, Republican, CNN, Trump, Fed’s, Governors, Interactive Brokers, Fed Locations: New York, America, Alabama, New York City, Trump
Talen's surge comes on the back of its deal to sell a data center campus to Amazon Web Services and supply the facility with nuclear power from the Susquehanna station northwest of Allentown, Pennsylvania. The deal is viewed as a trailblazing agreement for the power industry, and Wall Street has taken notice. A year ago, Talen was not covered by any Wall Street analysts, according to FactSet data. And Talen's assets are located almost entirely in the PJM grid, a predominantly mid-Atlantic region where power prices are expected to explode as demand outstrips supply due in part to growing data center load. Data center developers are expected to spend $250 billion annually on data centers, Barclays analyst Nicholas Campanella said in a note this week.
Persons: Talen, Shahriar Pourreza, Pourreza, TLN, William Appicelli, Nicholas Campanella, Campanella, amortization, Appicelli Organizations: Talen Energy Corporation, Amazon Web Services, Street, Barclays, Guggenheim, Jefferies, UBS, Susquehanna, Talen Energy, AWS, American Electric Power, AEP, Federal Energy Regulatory Commission Locations: Susquehanna, Allentown , Pennsylvania, Wednesday's
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCheniere CEO Jack Fusco on Gas Prices and Fed Impact at Gastech ConferenceCheniere CEO Jack Fusco, in an interview with Brian Sullivan at the Gastech Conference, highlighted how low natural gas prices benefit the company and discussed the $1.5 trillion global investment in natural gas infrastructure. He also emphasized the importance of Federal Reserve decisions, given Cheniere's $25 billion in debt, and their impact on the company's financial outlook.
Persons: Jack Fusco, Brian Sullivan Organizations: Gas, Gastech Conference, Gastech, Federal Reserve
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