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The seas were calm when the Bayesian, the $40 million superyacht of the British tech mogul Michael Lynch, dropped anchor off Sicily. The Bayesian was a one-of-a-kind sailboat, built by Perini Navi, a famous Italian yacht maker. How the Bayesian could have sunk The Bayesian was pushed onto its side in strong winds. How the Bayesian could have sunk The Bayesian was pushed onto its side in strong winds. Rescue workers bringing the body of the final Bayesian victim to shore, in Porticello, Italy, on Aug. 23.

Persons: —, Michael Lynch, Karsten Borner, Lynch’s, Borner, “, Mr, Hannah Lynch, Mike Lynch, Judy Bloomer, Jonathan Bloomer, Christopher Morvillo, Neda, Recaldo Thomas, Patrick McMullan, Lynch, Hannah, Giovanni Costantino, ”, Costantino, Tad Roberts, Abbie VanSickle, Jonathan Baum, VanSickle, Angela Bacares, Chris Morvillo, Neda Nassiri, Judy, James Cutfield, Sir David Davis, Sir David, Sir Robert Baden Powell, Fabio La Bianca, Matthew Griffiths, Borner’s, Sir Robert, Nobody, ’ ’ Capt, Guglielmo Mangiapane, Bacares, Domenico Cipolla, Cipolla, Charlotte Golunski, James Emslie, Golunski, Emslie, Perini, Ron Holland, Roberts, Stephen Edwards, John Groenewoud, Edwards, Philipp Luke, Guillermo Gefaell, Juan Manuel López, Gefaell, Igor Petyx, Cutfield, Cutfield hasn’t, Turgay, Ciner, Adam Hauck, there’s, It’s, Hauck, can’t Organizations: The Times, New York Times, Agence France, Reuters, Getty, Times, —, Italian Sea Group, American Bureau of Shipping, British Maritime and Coastguard Agency, Hewlett, Packard, New Zealand, Baia Santa Nicolicchia, Italian Coast Guard, Gale Force, Maritime and Coastguard Agency, Britain’s Department for Transport, Perini, “ Technology, Naval, Italian, Group, Spanish, Association of Naval, Ocean Engineers of Spain, British Marine Accident Investigation, Rescue Locations: British, Sicily, East Germany, Italian, Dutch, Canadian, Washington, London, Oxford, New, Naples, Porticello, Baia Santa, Palermo, Sicily’s, Palermo’s, Ireland, Tuzla, Turkey, Italy, Turkish, Istanbul, Capri, American

☆ The US is in a technological arms race with China, Air Force secretary says, and AI could decide who wins
▼ + stars: | 2024-10-30 | by ( Chris Panella | ) www.businessinsider.com time to read: +6 min

The focus on advanced technologies has put the two countries into a different kind of arms race. The US Air Force secretary suggested that AI could be decisive in future warfare. On Tuesday, Air Force Secretary Frank Kendall said China has been effectively modernizing the People's Liberation Army, fielding systems with the intent of challenging US forces, especially its high-value combat assets like carriers and satellites. China has built up its Rocket Force, developing capabilities that put US military assets at military bases and airfields across the Indo-Pacific within striking range. The Air Force secretary said that he doesn't think people who say that AI is "going to determine who's the winner in the next battlefield" are "all that far off."

Persons: —, Frank Kendall, Kendall, Xi Jinping, Sarah Weinstein, Giancarlo Casem Organizations: US Air Force, Service, Air Force, People's Liberation Army, Microelectronics, National Semiconductor Technology, PLA, Eastern Theater Command, Weibo, Department of Defense, Rocket Force, Navy, DARPA, USAF, Marines Locations: China, Taiwan, Beijing, Ukraine

☆ Bangkok for the super rich: How the ultra-wealthy travel in Thailand's capital
▼ + stars: | 2024-10-30 | by ( ) www.cnbc.com time to read: 1 min

Bangkok attracted more than 20 million visitors in 2023, making it one of the most visited cities in the world. Tourists on all budgets are attracted to its historic palaces, temples, bustling markets, and cultural heritage, but for those with cash to splash, the so-called 'City of Angels' also offers 5-star hotels, Michelin-starred restaurants and luxurious shopping malls. Get an insider's look as CNBC's First Class takes you on a journey to experience funky urban hideaways, a five-star river cruise, and a seat at one of the most hard-to-book restaurants. Watch the video above for more details on how to travel in style in Bangkok.

Organizations: of Angels, Michelin Locations: Bangkok

☆ I've been on 4 Alaskan cruises, and it's the only route I ever want to sail. The beauty is unmatched.
▼ + stars: | 2024-10-29 | by ( Ken Edmonds | ) www.businessinsider.com time to read: +1 min

I've been on four Alaskan cruises, and I'd happily take more just for the beautiful sights. Go to newsletter preferences Thanks for signing up! I've enjoyed other destinations, but the northernmost US state is unmatched in terms of sheer, unspoiled beauty. Luckily, Alaska's cruise industry is booming. With four Alaskan cruises under my belt — and more to come — here are some of the things that make the route so great.

Persons: I've, I'd, — Organizations: Service Locations: Vancouver, I'd, Alaska, Juneau

☆ Stocks making the biggest moves midday: VF Corporation, Pfizer, F5, JetBlue and more
▼ + stars: | 2024-10-29 | by ( Brian Evans | ) www.cnbc.com time to read: +5 min

Check out the companies making headlines in midday trading: VF Corporation — Shares jumped more than 22%. VF Corporation posted adjusted earnings of 60 cents per share on revenue of $2.76 billion. That is above the 37 cents per share in earnings and $2.71 billion in revenue that analysts surveyed by LSEG were expecting. The firm also upped the midpoint of its non-GAAP earnings per share forecast for the full year. F5 posted adjusted earnings of $3.67 per share and revenue of $747 million in the fiscal fourth quarter.

Persons: LSEG, Jim Conroy, Trex, FactSet, Xerox, Horton, Corning, — CNBC's Pia Singh, Michelle Fox, Samantha Subin, Sean Conlon, Alex Harring Organizations: —, Cadence, BP — U.S, BP, Pfizer, JetBlue Airways —, JetBlue, LSEG, Xerox, FactSet, PayPal, Caribbean, Ford Locations: Corning

☆ Buehler, Dodgers one win away from World Series title after stifling Yankees: Takeaways
▼ + stars: | 2024-10-28 | by ( Fabian Ardaya | Tyler Kepner | ) www.nytimes.com time to read: +8 min

They applied more pressure early in Game 3, and now they’re a victory away from winning the World Series. Except when the fastball is playing like it did in the World Series on Monday night. In the first inning, Buehler started Judge with a fastball over the middle that he was late on. New York’s bats go silent once againThe Yankees’ offense has scored seven runs through the first three games of the World Series. The Yankees’ inability to hit the ball over the fence like the Dodgers have so far is one of the reasons they’re down 3-0 in the World Series.

Persons: Fabian Ardaya, Tyler Kepner, Chris Kirschner, Brendan Kuty, Freddie Freeman, Walker, —, Aaron Judge, Francisco Lindor, Tommy John, Buehler, Eno, Judge, Luis Rojas, Giancarlo Stanton, Anthony Volpe’s, Teoscar, Stanton, wouldn’t, He’s, Anthony Rizzo, Jose Trevino, Alex Verdugo, They’re, Rojas, Hernández, Fangraphs, Daniel Hudson, Chris Taylor, Freeman, Carlos Rodón, Clarke Schmidt, Kirk Gibson, Barry Bonds, Hank Bauer, Freeman —, Atlanta —, George Springer’s, Schmidt, Aaron Boone, Volpe, Verdugo, he’s, Gleyber Torres, Walker Buehler, Robert Gauthier Organizations: Los Angeles Dodgers, New York Yankees, Dodgers, Yankees, National League, Mets, Atlanta, Yankees Ten, Los Angeles Times, Getty Locations: Bronx

☆ I took a 25-hour ferry from Europe to Africa along the Mediterranean. My trip on the massive ship felt like a nice cruise.
▼ + stars: | 2024-10-28 | by ( Diana Kruzman | ) www.businessinsider.com time to read: +1 min

I decided to travel by ferry from Europe to Africa by way of the Mediterranean Sea. Although the journey took 25 hours, it featured stunning views and was more than worth it. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Europe and North Africa are only about 500 miles apart, so in May, I found a 25-hour ferry that went from Italy to Tunisia.

Persons: — Organizations: Service Locations: Europe, Africa, North Africa, Italy, Tunisia

Investors could win big with some of the companies reporting earnings this week that are trading below their fair valuations. About one-third of the S & P 500 , or 154 companies, as well as 10 companies in the Dow Jones Industrial Average , are due to report earnings this week. It is also shaping up to be a big week for companies within the travel, restaurant, energy and pharmaceuticals industries. Ahead of these results, CNBC Pro screened for the stocks reporting this week that are both trading at a discount and favored among Wall Street. The energy company will report earnings next Thursday.

Persons: James Hardiman, TD Cowen, Cowen, Andrew Kligerman, Nicholas Campanella Organizations: Dow Jones, Microsoft, Big Tech, Intel, CNBC Pro, Norwegian Cruise, Citi, Insurance, MetLife, Barclays, D, WEC Locations: Norwegian, Entergy

☆ 14 earnings reports and major economic data will be the stock market movers this week
▼ + stars: | 2024-10-27 | by ( Zev Fima | ) www.cnbc.com time to read: +15 min

The Street is looking for Stanley Black & Decker sales of $3.8 billion in the third quarter and earnings per share (EPS) of $1.05. The Street is looking for Linde sales of $8.35 billion in the third quarter and EPS of $3.89. In addition to the headline results and forward guidance, overall organic sales growth and data center energy power demand will be focus items for investors. The Street is looking for sales of $94.47 billion in its fiscal fourth quarter and EPS of $1.55. The Street is looking for Coterra sales of $1.3 billion in the third quarter and EPS of 34 cents.

Persons: That's, It's, Stanley Black, Decker, we're, We're, Eli Lilly, Lilly, Amy Hood's, Brian Niccol, Wednesday's, Linde, it's, we'll, Phillips, Horton, Kraft Heinz, SIRI, Estee Lauder, BUD, Cardinal Health, Jim Cramer's, Jim Cramer, Jim, Stephanie Keith Organizations: Nasdaq, Dow, Fed, PCE, YouTube, Justice, AMD, GE Healthcare, Reality Labs, Microsoft, Management, Starbucks, U.S, Presidential, Linde, Apple Intelligence, Amazon, Services, Coterra Energy, WM, Cadence Design Systems, Labor, PayPal, BP, Pfizer, Royal Caribbean Cruises, JetBlue, HSBC, Devices, Grill, Electronic Arts, EA, Gross, Caterpillar, Brinker International, AFortive Corporation, Illinois Tool, Coinbase, eBay, EBAY, Booking Holdings, MGM Resorts, MGM, Bausch Health, LIN, Merck, ConocoPhillips, Mastercard, Altria, Cruise, Myers Squibb, Comcast, Mobileye, Cheniere Energy, Regeneron Pharmaceuticals, Anheuser, Busch InBev, Intel, United States Steel, Juniper Networks, Chevron, Exxon Mobil, Dominion Energy, Charter Communications, LyondellBasell Industries, Cardinal, Jim Cramer's Charitable, CNBC, New York Stock Exchange, Getty Locations: Eaton, Corning, Illinois, Bristol, New York City

Federal authorities, meanwhile, say their security procedures are sound heading into Election Day, Nov. 5. Its domestic flight bookings are down 19% for the week of the election compared with the same week last year. That has left more room for political jitters to creep into consumers’ travel considerations, travel agents say. That’s partly why Olivia MacLeod Dwinell, 64, and her husband Ross Dwinell, 74, were in Europe this month. Olivia MacLeod Dwinell and her husband, Ross Dwinnell.

Persons: Emily Reeve, “, ”, Reeve, Ed Bastian Delta, Ed Bastian, Delta, they’d, Kamala Harris, Donald Trump, they’re, Kelly Soderlund, Thibaud Moritz, ” Soderlund, Transportation Security Administration “, Jeffrey Price, Olivia MacLeod Dwinell, Sonia Bhagwan, Ross Dwinell, Dwinell, Ross’s, “ We’re, ” Kimberly Kracun, Kimberly, Ross Dwinnell, Olivia MacLeod Dwinell “, ” Kracun, Chirag, Panchal Organizations: Federal, Delta Air, Ed Bastian Delta Air, CNBC, United Airlines, AFP, Getty, Republican, Trump, Transportation Security Administration, ” Flyers, MMGY Travel Intelligence, Future Partners, Baby Boomers, Chirag Panchal, Dallas Locations: Hawaii , Florida, Portland , Oregon, U.S, Navan, Portland, Europe, London, France, Harpers Ferry, West Virginia, Dallas

☆ Dodgers cruise but Shohei Ohtani injured in Game 2 victory over Yankees: Takeaways
▼ + stars: | 2024-10-26 | by ( Fabian Ardaya | Brendan Kuty | ) www.nytimes.com time to read: +6 min

AdvertisementAll of the early runs in the game came off homers, by the Yankees’ Juan Soto off Yamamoto and by the Dodgers’ Tommy Edman, Teoscar Hernández and Freddie Freeman off Carlos Rodón. The Yankees’ Aaron Judge went 0-for-4 and struck out three times for the second game in a row. Before Game 1, Judge did a TV interview with Derek Jeter, the last Yankees captain, who guided the team to five World Series wins. Carlos Rodón struggles as Dodgers catch up to fastballThe Yankees needed the Rodón from Game 1 of the ALCS to show up Saturday night against a potent Dodgers lineup. AdvertisementHe lasted just 3 1/3 innings after allowing three home runs and four total runs, putting the Yankees in an early 4-1 hole.

Persons: Yoshinobu Yamamoto, Shohei Ohtani, Ohtani, Juan Soto, Yamamoto, Tommy Edman, Teoscar Hernández, Freddie Freeman, Carlos Rodón, Aaron Judge, Mookie Betts, it’s, Jayne Kamin, Hernández, Freeman, Where’s Aaron Judge, Yogi Berra, Judge, he’s, He’ll, Derek Jeter, can’t, it’ll, Will Smith, Soto, Rodón, Betts, Kutter Crawford, Steph Chambers Organizations: ANGELES, Los Angeles Dodgers, New York Yankees, Dodger, Yankees, Dodgers, lefties, Major League Baseball Players Association, Edman, Yankee, Boston Red Sox Locations: Edman, Hernández, New York

☆ Video: Kinzinger jokes that he’s been compared to Tom Cruise. See comedians react
▼ + stars: | 2024-10-26 | by ( Cassandra Eldred | ) edition.cnn.com time to read: 1 min

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☆ US approves $2B arms sale to Taiwan including air-to-air missiles and NASAMS weapon systems
▼ + stars: | 2024-10-26 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +3 min

The US has approved a $2 billion arms sale to Taiwan that includes missile and radar systems. The potential sale would include three NASAMS air-defense systems. AdvertisementThe US on Friday approved a potential arms sale package for Taiwan worth nearly $2 billion. The NASAMS is a medium-range air-defense system that can be used to defend against aircraft, drones, and cruise missiles. US Defense Secretary Lloyd Austin said in November 2022 that the NASAMS system had up to that point had a 100% success rate in intercepting Russian missiles.

Persons: —, Lloyd Austin, China's, Tom Shugart, Wellington Koo Organizations: US, Ukrainian, Service, Air Missile Systems, Air Missile, Defense Security Cooperation Agency, Raytheon, Norway's Kongsberg Defense, Aerospace, Eastern, Command, US Navy, Center, New, New American Security, Reuters, Business, Department of Defense Locations: Taiwan, Russian, Russia, Ukraine, China, Taiwan Independence, New American

☆ Cruise lines are having a moment as a popular — and cheaper — alternative to hotels
▼ + stars: | 2024-10-26 | by ( Michelle Fox | ) www.cnbc.com time to read: +8 min

Royal Caribbean is set to release its quarterly results on Tuesday, followed by Norwegian Cruise Line Holdings ' report on Wednesday. That means the cruise lines may have more room to grow, she said. "The wider that gap, the better the opportunity for the cruise lines to have upside," Farley said in an interview with CNBC. However, Scholes said his research shows that out of the three major cruise lines, the Carnival brand is facing the most pricing competition from private cruise operator, MSC. Stock Chart Icon Stock chart icon Norwegian Cruise Lines stock year to date

Persons: Marco Bello, Patrick Scholes, Hilton, Christopher Nassetta, industry's, Brandt Montour, Montour, Josh Weinstein, CNBC's, Robin Farley, Farley, Truist's Scholes, Scholes, It's, Caribbean's Organizations: Port, Afp, Getty, CNBC, Wednesday, Barclays, Royal, Cruise Line Holdings, UBS, Orlando, Vegas, Royal Caribbean, Bloomberg, Royal Caribbean's, Citi, Cruise Lines Locations: Port of Miami, Miami , Florida, Caribbean, Royal Caribbean, 200bps, PortMiami, Norwegian

☆ She connected on Instagram with a guy who lived on the other side of the world. Then they decided to meet up
▼ + stars: | 2024-10-25 | by ( Francesca Street | ) edition.cnn.com time to read: +23 min

She enjoyed seeing snippets of Sunil’s life – flashes of him going out with friends, cooking, working out. “I decided I wanted to book a trip to come to India and meet my friend,” she recalls. Amanda didn’t reply right away. There were more than a few raised eyebrows — many of her loved ones worried things had moved too quickly, that Amanda didn’t really know Sunil. “The pandemic was really, really bad here.”Amid this fear and uncertainty, Amanda and Sunil hunkered down with each other and their dog.

Persons: Amanda Boyce, Sunil Rajput’s, Amanda, Sunil, “, ” Amanda, ”, Sunil wasn’t, she’d, ’, —, Sunil —, Amanda wasn’t, Amanda didn’t, I’m, ’ ”, Amanda’s, Sunil — they’d, Sunil Rajput, Amanda Boyce “, I’d, “ Sunil, ” Sunil, we’ll, Amanda Boyce Amanda, ‘, I’ll, “ I’ve, he’d, Here's Amanda, don’t, Sunil hunkered, “ That’s, ’ Sunil, everything’s, We’re, it’s, they’re, you’re Organizations: CNN, CNN Travel, Indira Gandhi International Airport, ” Locations: Brisbane, Australia, India, Sunil, Sunil — Chandigarh, Chandigarh, Instagram, Delhi, Thailand, Bangkok, Canada, Chandigarh –

☆ Alphabet's self-driving unit Waymo closes $5.6 billion funding round as robotaxi race heats up in the U.S.
▼ + stars: | 2024-10-25 | by ( Lora Kolodny | In Lorakolodny | ) www.cnbc.com time to read: +4 min

Waymo has closed a $5.6 billion funding round to expand its robotaxi service in and beyond Los Angeles, San Francisco and Phoenix, where it operates today. In a statement to CNBC, Waymo co-CEOs Tekedra Mawakana and Dmitri Dolgov said the funding would go toward expansion and advancing the Waymo Driver for business applications. The series C funding brings Waymo's total capital raised to $11.1 billion after it raised $3.2 billion and $2.5 billion in two earlier rounds. Waymo now conducts more than 100,000 weekly trips for passengers in Los Angeles, Phoenix and San Francisco, who can hail their robotaxis via the Waymo One app. More recently, Waymo partnered with Uber to launch its robotaxi service in Austin, Texas — home of would-be rival Tesla's headquarters.

Persons: Waymo, Andreessen Horowitz, Perry, Rowe Price, Tekedra Mawakana, Dmitri Dolgov, Uber, Ruth Porat, Elon Musk, Tesla, Timothy B, Lee . Organizations: Google, Fidelity, Tiger Global, CNBC, Tesla's, GM, Cruise, Pew Research Center, Hyundai Locations: Los Angeles, San Francisco, Phoenix, Waymo, Silver, Austin, Atlanta, U.S, Austin , Texas, Texas, California, Korean, New York, Michigan

☆ Luka Dončić and the Dallas Mavericks cruise past Victor Wembanyama’s San Antonio Spurs
▼ + stars: | 2024-10-25 | by ( Matias Grez | ) edition.cnn.com time to read: +4 min

CNN —Luka Dončić and Klay Thompson combined impressively in only their first game together to lead the Dallas Mavericks over the San Antonio Spurs 120-106 in the latest edition of the I-35 Rivalry. French phenom Victor Wembanyama had a tough night for the Spurs, scoring just 17 points while shooting a paltry 27.8% from the floor. On his San Antonio debut, veteran point guard Chris Paul had just three points but provided eight assists and seven rebounds. Thunder record statement win over the NuggetsShai Gilgeous-Alexander Chet Holmgren led the Thunder to an impressive win. Thursday night’s full scoresAway @ home (winners in bold)San Antonio Spurs 109-120 Dallas MavericksBoston Celtics 122-102 Washington WizardsOklahoma City Thunder 102-87 Denver NuggetsMinnesota Timberwolves 117-115 Sacramento Kings

Persons: CNN — Luka Dončić, Klay Thompson, Dončić, Thompson, ” Dončić, Dončić’s, Irving, Victor Wembanyama, Chris Paul, Brown, John McDonnell, Jaylen Brown, Jason Tatum, Tatum, –, Alex Sarr, Bub Carrington –, Jordan Poole, Jonas Valančiūnas, Nuggets Shai Gilgeous, Alexander Chet Holmgren, Ron Chenoy, Reuters Shai Gilgeous, Alexander, Chet Holmgren, Holmgren, Nikola Jokić, Jamal Murray, Russell Westbrook, ”, De’Anthony Melton Organizations: CNN —, Dallas Mavericks, San Antonio Spurs, Slovenian, NBA, Dallas, Golden State Warriors, ESPN, “, Spurs, San Antonio, Celtics, Boston Celtics, New York Knicks, Washington Wizards, Wizards, Washington, Nuggets, Thunder, USA, Sports, Reuters, Oklahoma City Thunder, Denver Nuggets, Portland Trail Blazers, Warriors, Golden State, Dallas Mavericks Boston Celtics, Washington Wizards Oklahoma City Thunder, Denver Nuggets Minnesota Timberwolves, Sacramento Kings Locations: Portland

☆ Wall Street braces for a big week ahead of the election, with megacap tech earnings, key data on tap
▼ + stars: | 2024-10-25 | by ( Sarah Min | ) www.cnbc.com time to read: +5 min

Investors will contend with earnings results from five of the Magnificent Seven companies next week. .SPX 1M mountain S & P 500 "I sort of refer to this period that we're in right now as like a strange brew," said Mark Malek, investment chief at Siebert. On Friday, the Nasdaq Composite hit an all-time high , but the S & P 500 snapped a six-week win streak. In fact, the high concentration of the mega-cap leaders in the S & P 500 spurred Goldman Sachs' David Kostin this month to release a dim long-term forecast for the overall market. HSBC head of equity strategy Nicole Inui upped her S & P 500 year-end target to 5,900.

Persons: Mark Malek, Siebert, Goldman Sachs, David Kostin, Siebert's Malek, they've, Nicole Inui, Inui, D.R Horton, Price, Eli Lilly, Lauder Organizations: Microsoft, Meta, Apple, Nasdaq, U.S, Treasury, Big Tech, HSBC, FactSet, Richmond Fed, Dallas Fed, Ford, Semiconductor, Caesars Entertainment, Devices, Pfizer, Royal Caribbean Group, PayPal, ADP, Kraft Heinz, Caterpillar, GE Healthcare Technologies, Holdings, ECI Civilian Workers, PCE, PCE Deflator, Chicago PMI, Cruise Line Holdings, Uber Technologies, Lauder Companies, Mastercard, Generac, Jobs, PMI, Manufacturing, Exxon Mobil Locations: U.S, Chicago

☆ The US Navy's Eisenhower carrier strike group racked up over 100 drone and missile kills battling the Houthis
▼ + stars: | 2024-10-25 | by ( Jake Epstein | ) www.businessinsider.com time to read: +4 min

The Dwight D. Eisenhower Carrier Strike Group spent months battling the Houthis in the Red Sea. The captain of the lead ship said the strike group destroyed over 100 Houthi threats during the deployment. AdvertisementA US Navy carrier strike group that battled Houthi threats in the Red Sea for months destroyed over 100 missiles and drones during its deployment. The Dwight D. Eisenhower Carrier Strike Group was on the front lines throughout much of the US military's ongoing campaign against the Houthis. The Eisenhower strike group fired nearly 800 munitions during its deployment, which began last fall and wrapped up in July.

Persons: Dwight D, —, Chris Hill, Eisenhower, Hill, Merissa Daley, Ike, Adm, George Wikoff, Wikoff Organizations: Eisenhower Carrier Strike Group, Service, US Navy, Eisenhower Carrier Strike, Military Reporters, Conference, Navy, Hornet, Attack Munitions, 5th Fleet Locations: Red, Iran, Yemen, Washington

The search for a woman who fell from a Taylor Swift-themed cruise ship in the Bahamas was suspended Wednesday, a day after she went into the water, officials said. The U.S. Coast Guard said Wednesday afternoon that the Royal Bahamas Defence Force was suspending its search pending new developments and that it no longer needed the Coast Guard's assistance. The Coast Guard said it sent an HC-144 airplane and an MH-65 Dolphin helicopter to help. A Royal Caribbean spokesperson said that a search-and-rescue operation was immediate launched and that it is working with local authorities. The trio worked with Royal Caribbean to host private events centered on Swift and her Eras Tour, according to the group's website.

Persons: Taylor Swift, Swift, Jessica Malerman, Nicole Rivera, Shelby Reyes, Marvelous, Taylor Organizations: U.S . Coast Guard, Royal Bahamas Defence Force, Royal Caribbean, Coast Guard, HC, Dolphin, Royal Locations: Bahamas, U.S, Nassau, Royal Caribbean, Miami

☆ Years of controversy preceded the arrest of the ex-CEO of Abercrombie & Fitch
▼ + stars: | 2024-10-24 | by ( Madeline Berg | ) www.businessinsider.com time to read: +9 min

Former Abercrombie & Fitch CEO Mike Jeffries was charged with sex trafficking on Tuesday. AdvertisementLong before federal charges hit, there were concerns about former Abercrombie & Fitch CEO Mike Jeffries — and lawsuits that attacked the way he ran his company. Attorneys for Jeffries and Smith told Business Insider in statements that they would respond "in the courthouse." "This is very much a military operation," Jeffries told The Wall Street Journal in 1997. The pilot accused the CEO of enacting similar standards on board as in Abercrombie stores and firing him due to his age.

Persons: Mike Jeffries, Jeffries, Abercrombie, —, Mike Jeffries —, Matthew Smith, Smith, Fitch, Les Wexner, Jeffrey Epstein, Paul Harris, Bruce Weber, Weber, Barts, Tig Ol, Erik Gordon, Jeffries shouldn't Organizations: Abercrombie, Fitch, Service, Prosecutors, Wall Street, Revenue, CNN, Hamptons, Employees, Supreme, University of, BBC, Eastern, of Locations: Midwest, New York City, St, Oklahoma, Assam, Darjeeling, of New York

☆ Royal Caribbean passengers are suing over an employee who recorded women and kids with hidden cameras
▼ + stars: | 2024-10-23 | by ( Joshua Nelken-Zitser | ) www.businessinsider.com time to read: +5 min

Passengers are suing Royal Caribbean after a cabin attendant was found guilty of hidden recordings. AdvertisementPassengers are suing the Royal Caribbean cruise line after a cabin attendant was sentenced to 30 years in prison for secretly recording adults and children in states of undress with hidden cameras. In one lawsuit, a Hawaii-based passenger, identified as Jane Doe, is seeking $75,000 in damages from Royal Caribbean. It argues that Royal Caribbean should have foreseen the risk of sexual assault, given the prevalence of such incidents on ships. Royal Caribbean Cruises stock closed at $203.35 on Tuesday, up 1.72%, and close to the 52-week-high reached last Thursday.

Persons: —, Jane Doe, Arvin Joseph Mirasol, Mirasol, Bernardo Pimentel, Pimentel, Marisol Organizations: Royal Caribbean, Service, Royal, Broward Sheriff's, Unit, Leesfield, Partners, US, Office, Southern, Southern District of, Homeland Security Investigations, Customs, Border Protection, Mirasol, US Department of Transportation, Business, Royal Caribbean Cruises Locations: Hawaii, Royal Caribbean, New Hampshire, Southern District, Southern District of Florida, Caribbean

☆ Here’s why China has been testing its autonomous car technology in the U.S. for years
▼ + stars: | 2024-10-23 | by ( Magdalena Petrova | ) www.cnbc.com time to read: +3 min

Chinese companies are aggressively developing autonomous vehicles. In August, China announced that it had issued 16,000 test licenses for driverless cars and opened up about 20,000 miles of roads nationwide for autonomous vehicle testing. But Chinese autonomous vehicle companies have also quietly been testing their technology on U.S. streets. Michael Dunne, CEO and founder of consulting firm Dunne Insights, told CNBC that China had "carte blanche" when it comes to testing AVs in California. Missy Cummings, a former senior safety advisor to the National Highway Traffic Safety Administration, told CNBC the ban was a good start.

Persons: Didi, WeRide, Michael Dunne, Dunne, Let's, Missy Cummings, Cummings, Marc Veasey, Biden Organizations: Baidu, California Department of Motor Vehicles, CNBC, Apple, U.S, National, Traffic Safety Administration Locations: China, California, Silicon, Texas, U.S, California , Nevada, Utah, United States

☆ New regulations push electric ‘air taxis’ closer to reality, FAA says
▼ + stars: | 2024-10-22 | by ( Pete Muntean | ) edition.cnn.com time to read: +2 min

CNN —The Federal Aviation Administration has published new rules that it calls “the final piece of the puzzle” toward allowing half-helicopter, half-airplane, electric “air taxis” to start whizzing through the skies. “For the last 80 years, we’ve had two types – rotor and fixed wing,” Whitaker said. “We now have a third type.”Known as electric vertical takeoff and landing aircraft, or eVTOLs, the FAA now recognizes the designs as falling under its newly created powered lift category. Joby hopes to bring its aircraft to market by 2025, but it has yet to be certified by the FAA to carry paying passengers. “Delivering the rules ahead of schedule is testament to the dedication, coordination and hard work of the rulemaking team.”

Persons: “, Mike Whitaker, we’ve, ” Whitaker, Joby, ”, Joby’s Organizations: CNN, Federal Aviation Administration, FAA, National Business Aviation Association, Joby Aviation Locations: Las Vegas, California, U.S

☆ Stratospheric, AI-enabled robotic cameras on balloons could help you get your insurance claim check faster
▼ + stars: | 2024-10-22 | by ( Diana Olick | In Dianaolick | ) www.cnbc.com time to read: +3 min

New technology, however, using drones, artificial intelligence and weather balloons aims to modernize and accelerate that process. Near Space Labs, a Brooklyn, New York-based startup, invented "Swifts," or stratospheric, AI-enabled robotic cameras that fly on weather balloons. The giant weather balloons fly twice as high as airplanes cruise. Insurance and reinsurance companies, like Swiss Re, are using Near Space to help them understand and price risk. In addition to Third Sphere, Near Space Labs is backed by Crosslink Capital, Wireframe Ventures, IAG Firemark Ventures, Toyota Ventures and Leadout Capital.

Persons: Helene, Milton, Rema Matevosyan, Matevosyan, Shaun Abrahamson, Lisa Rizzolo Organizations: Space Labs, Labs, Swifts, Insurance, Swiss, Crosslink, Wireframe Ventures, IAG Firemark Ventures, Toyota Ventures, Leadout, CNBC Locations: Brooklyn , New York

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