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☆ India's infrastructure spending will have a multiplier effect across industries: Hedge fund manager
▼ + stars: | 2024-05-13 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIndia's infrastructure spending will have a multiplier effect across industries: Hedge fund managerAndrew Holland of Avendus Capital Public Markets Alternate Strategies discusses India's infrastructure projects and the outlook for the country's economy.

Persons: Andrew Holland Organizations: Avendus Capital

☆ How the government is tackling global cybersecurity losses
▼ + stars: | 2024-05-09 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow the government is tackling global cybersecurity lossesCNBC's Frank Holland discusses the outlook for cybersecurity following RSA's annual conference.

Persons: CNBC's Frank Holland

☆ The future of data protection and AI workloads in the cloud
▼ + stars: | 2024-05-09 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe future of data protection and AI workloads in the cloudCNBC's Frank Holland discusses the key takeaways from this year's RSA Conference.

Persons: Frank Holland Organizations: RSA Conference

☆ I've saved thousands and traveled to dozens of countries using a home-swapping website
▼ + stars: | 2024-05-08 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +6 min

The website helps facilitate accommodation exchanges between 150,000 users in 145 countries. Then HomeExchange sent me an offer, and I said to my husband, "Shall we give it a go?" The way it works is you subscribe to the website, make a profile, and list your home. We've stayed in places in Australia that are totally off the grid in conservation areas that don't have electricity. I think we've saved well over £100,000 using HomeExchange.

Persons: Julie Williams, HomeExchange, We've, That's, we've, John, I've, Martin, Mia, Monkey Mia, I'm Organizations: Service, NASA Locations: Devon, England, HomeExchange, Italy, Australia, New Zealand, Caribbean, St, Rarotonga, Cook Islands, Tasmania, Singapore, Nevis, Cook, Bali, Hong Kong, Ireland, France, Germany, Switzerland, Denmark, Belgium, Holland, Western Australia

☆ Crowdstrike CEO at RSA on 'Secure by Design' pledge and 'platformization'
▼ + stars: | 2024-05-08 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCrowdstrike CEO at RSA on 'Secure by Design' pledge and 'platformization'Crowdstrike CEO George Kurtz says the "Secure by Design" pledge by CISA has the potential to change the tech landscape and give his opinion on "platformization". Frank Holland talks with the cyber chief about the AI landscape at the company announcements at RSA.

Persons: George Kurtz, CISA, Frank Holland Organizations: RSA, Design

☆ These are the top business-development execs competing to hire elite portfolio managers at hedge fund giants Citadel, Millennium, Point72, and more
▼ + stars: | 2024-05-08 | by ( Alex Morrell | ) www.businessinsider.com time to read: +34 min

Unlike business development in corporate America, which focuses on growing a company's prospects with partners and clients, hedge fund BD teams specialize in scouting, evaluating, and wooing investment talent. AdvertisementFew have been involved in hedge fund BD longer than Jennifer Blake, Balyasny's global head. The fund's BD department remains in close contact with PMs after they join as a resource and advisor. Vernon Yuen/Getty Images$61 billion AUM2,200+ employeesAdvertisementKen Griffin's Citadel has outperformed not just its immediate rivals but every other hedge fund. He runs a team of about 20 as head of business development in the Americas, the largest region of the largest player in this space.

Persons: —, Griffin's, Izzy Englander's, Goldman Sachs, Headcount, execs, Dmitry Balyasny, Brendan McDermid, Jennifer Blake, Balyasny's, Morgan Stanley, Dmitri Balyasny's, Blake, it's, Federico Chavarria, Balyasny, Dave Matz, Smith Hanley, Alistair Jacobs, Dave Black, Peter Appel, Federico Chavarria MD, Andrew McHugh, Jules Biolsi, Michael Platt, he's, BlueCrest, Michael Grad, Grad, Jake Lindsay, Mungo Strachan, BlueCrest's, Brevan Howard Brevan Howard, Alan Howard, Ringo Chiu, Brevan Howard, Alan Howard's, Aran Landy, Brevan, Abu, It's, Landy, Howard, Peter Hornick, David Abbou, Jonathan Candy, Gregoire Vidal, Vidal, Tim Williams, Andy Silver, Gautam, Ken Griffin, Vernon Yuen, Ken Griffin's, Griffin, Matt Giannini, Giannini, headhunter, Matt, I've, — Thomas DeAngelis, Lindsay Previdi, Rice, Dore, Eleanor Sharkey, Melinda Urban, Mark Hansen, Julian Ulmer, Mathur, Adam Sharkie, Michael Page, Eisler, Edward Eisler, Sam Wisnia, Chris Milner, Milner, Hilary Curran, Hilary Curran Global, Rebecca Zisser, Michael Gelband, Hornick, Jeff Gelband, Mike Tiano, Eric Han, Garrett Berg, Liu, APAC Blackstone, Euan Shand, Kevin Carroll, Emily, Needham, Ostendorf, Ben Levine, Stefan Renold, LMR, Marcus Fairhurst, He'd, LMR's, Izzy, Ronda, Singh, Mark Meskin, Justin Gmelich, Steve Keller, Benjamin Williams, Madhvani, Paritosh Singh, Ben Williams, Kristina Tully, Steven Cohen, Point72, Shayanne, Steve Cohen's, Harry Schwefel, Chandler, Steve Cohen, JT Shields, They're, Schwefel, Alyssa Friedman —, Chandler Bocklage, Reid Murphy, Jae Yang, Japan Goldman Sachs, Alyssa Friedman, Jackie Dai, Gabriel Sanders, Ajay, Steven Schonfeld, Michael Nagle, Steve Schonfeld's, Ryan Tolkin, Schonfeld, doesn't, Akshay Aggarwal, Alex Burns, Ryan McCort, Colin Lancaster, Mitesh, Sameer Buch, Brittany Lynch, DMFI, Goldman, Verition, Nicholas Maounis, Josh Goldstein, Brian Townes, Townes, Elizabeth Xiang MD, Vir, Steve Satenstein, Chris Svoboda, Will England, Thomas DeAngelis, DeAngelis, Jonathan Brenner, hasn't, Maureen Reed, John Sullivan, Brenner, Walleye's Organizations: Service, Management, Wall, Business, Balyasny, Balyasny Asset Management, Quadra Advisors, SAC, Macquarie, BD, UBS, Grad, Financial Times, Michael, Lascaux, Howard BD, Brevan, Argentum Advisors, BH Digital, McKinsey & Company, JPMorgan, Ken Griffin's Citadel, Citadel, Citadel's, decamping, Chicago, Citadel BD, Walleye Capital, of Surveyor, Millennium, Capital, Credit, Ashler, Rice, Deutsche Bank, LMR Partners, London, Dore Partnership, Soros, Soros Fund, Ronda Churchill, Bloomberg, Getty, Guggenheim, Industry, MLP, Americas Guggenheim, Americas Citadel, SAC Capital, SEC, Point72 Academy, Citigroup, BD Energi, Japan, EMEA, APAC BNP, Schonfeld, PAAMCO, KKR, DMC Partners, Topwater, LinkedIn, New, New Holland Capital, BD —, Walleye, Lehman Brothers, Hutchin, Putnam Investments, ~$ Locations: America, Asia, Balyasny, Blackstone, New Holland, Abu Dhabi, BlueCrest, Europe, Graticule, ExodusPoint, Hornick, Freestone, New York, Schonfeld, Brevan, he's, Aberdeen, Hong Kong, Zurich, Glasgow, Dubai, Americas, Point72, quant, Verition, London, Greenland, Minnesota, Citadel

☆ 'Liquid gold': An olive oil shortage is fueling record prices and food insecurity fears
▼ + stars: | 2024-05-02 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +6 min

Extreme hot weather and persistent drought conditions have dealt a severe blow to olive oil production in southern Europe, resulting in a significant surge in prices. Anadolu | Anadolu | Getty ImagesA shortage of olive oil, sometimes referred to as "liquid gold," has driven prices to record highs, fueled a crime surge and pushed the industry into crisis mode. The decline extends a downward trend, after olive oil prices reached an unprecedented peak of 9.2 euros in January. But analysts said that dwindling olive oil reserves would likely keep markets on edge for sudden price spikes over the coming months. Olive oil thefts

Persons: Kyle Holland, Holland, De Rust, Rodger Bosch, Vito Martielli, Martielli, Helena Bennett, Bennett, Xylella, Mintec's Holland Organizations: European Union, Anadolu, Getty, Centre, Market, Mintec, CNBC, Afp, Rabobank, Green Alliance UK, European Environment Agency, Nurphoto Locations: Europe, Anadolu, Spain, Italy, Greece, Spain's Andalusia, Olive Estate, De, Cape Town, Netherlands, Olive, Lecce, Puglia

☆ Norman Kansfield, 83, Dies; Defrocked for His Daughter’s Same-Sex Wedding
▼ + stars: | 2024-04-30 | by ( Alex Traub | More About Alex Traub | ) www.nytimes.com time to read: +1 min

Dr. Norman Kansfield seemed to personify the Reformed Church in America. To an extraordinary extent, he had grown up in the world of his church’s 17th-century Dutch founders. So when his daughter, Ann Kansfield, was considering coming out of the closet to him, she was nervous. After she did, Dr. Kansfield went beyond responding with warm acceptance. Years later, in June 2004, he insisted that he officiate at her wedding, held in Massachusetts weeks after the state legalized same-sex marriage.

Persons: Norman Kansfield, Kansfield, Ann Kansfield Organizations: Reformed Church, Ill, New Brunswick Theological Seminary Locations: America, South Holland, New Jersey, United States, Massachusetts

☆ 10 Years, 100 Stories: The Work That Defines the Upshot
▼ + stars: | 2024-04-27 | by ( The Upshot Staff | ) www.nytimes.com time to read: +20 min

Ten years ago this week, The New York Times introduced the Upshot, a section devoted to explaining “politics, policy and everyday life.” That’s a wide scope, by design. As a result, more than 5,000 articles later, the Upshot has been many things to many readers. To mark our 10th birthday, we’ve collected 100 stories that embody the Upshot. WordleBot Eden Weingart/The New York Times When Wordle first became popular, several people on the internet claimed, plausibly, that they had come up with the “best” opening word. Force of Ship Impact Was on the Scale of a Rocket Launch Erin Schaff/The New York Times We think of the Upshot as a place where back-of-the-envelope calculations can be both helpful and welcome.

Persons: ”, Nate Cohn’s, we’ve, Kevin Quealy, John Branch, John, Patrick Thomas, tut, Trump, pollsters, Obamacare, Leif Parsons, We’re, Jason Henry, Tony Luong, Jordan, ‘, Ruth Fremson, Laurel, ’ Rodrigo Corral, Alex Welsh, Paul Romer, Tim Enthoven, Barack Obama, epidemiologists, It’s, you’re, WordleBot Eden, Wordle, Lila Barth, McCabe, Tom Brady, ChatGPT, —, Erin Schaff Organizations: New York Times, Facebook, Yankees, Red, State Newspaper, ESPN, The Athletic, The Times, You’re, Voters, Trump, Mr, Times, Siena College, Walmart, The New York Times, Jordan Siemens, Health, New, Nike, Democratic, Twitter, America, Iowa, Iowa Democratic, Cancer, Hit, Biden, Insurance, Roe America, Disorders, Republican, Republican Party of, U.S, Budget, NASA, National, Traffic, Administration, Yorkers, Force Locations: It’s, Red Sox, State, America, Dakota, Ireland, Chipotle, Japan, U.S, United States, Siena, New Pennsylvania, District, Iowa, Covid, York City, New York, Pennsylvania, Roe, Tonga, Arizona, York, Holland

☆ Every single Zendaya movie, ranked
▼ + stars: | 2024-04-26 | by ( Savanna Swain-Wilson | Jason Guerrasio | ) www.businessinsider.com time to read: 1 min

She also returned as MJ in "Spider-Man: No Way Home" (2021). Tom Holland in "Spider-Man: No Way Home." Courtesy of Sony PicturesAudience score: 98%In this follow-up to the 2019 Marvel Cinematic Universe film, the hero's identity is revealed. Again, like the previous installment, the film was lauded by both critics and audience members, with some even calling it the "best" "Spider-Man" movie of all time. Keep in mind this list doesn't include movies that she wasn't credited in, nor does it include films without a score.

Persons: Tom Holland, Peter Parker, Doctor Strange, Benedict Cumberbatch, wasn't, Read Organizations: Sony Locations: Holland

☆ Market veteran Howard Marks says Fed is 'not going back' to ultra-low rates
▼ + stars: | 2024-04-23 | by ( Jenni Reid | ) www.cnbc.com time to read: +1 min

The Federal Reserve will not bring interest rates back down to their post-financial crisis lows, according to veteran investor Howard Marks — and he believes that's a good thing. "The U.S. economy is doing quite well, and so it's not clear that it requires stimulus," Marks told CNBC's Frank Holland on Tuesday. The current federal funds target rate of 5.25% to 5.5% is an "emergency measure designed to cool off the economy and inflation," Marks continued. I think that's in the threes." "I think that interest rates should most of the time be set by the free market.

Persons: Howard Marks —, that's, Marks, CNBC's Frank Holland, we're Organizations: Federal Reserve Locations: U.S

☆ My 12-day cruise cost me about $109 a day. See inside my 160-square-foot cabin, the most economical option on the ship.
▼ + stars: | 2024-04-22 | by ( Lauren Mack | ) www.businessinsider.com time to read: +1 min

I went on a 12-day Holland America Line cruise and paid a little over $1,300 for my interior cabin. I'd book this room again — my cruise was so fun and busy that I barely spent time in it anyway. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. I definitely had value in mind when I booked my recent 12-day cruise on the Holland America Line Rotterdam from Ft. Lauderdale, Florida, to the Panama Canal. I booked directly with Holland America Line and paid $849 plus $460 for taxes, fees, and port charges — about $109 a day.

Persons: — Organizations: Service, Holland America Line Locations: Holland, Holland America Line Rotterdam, Ft . Lauderdale , Florida, Panama

☆ These are the factors driving cocoa prices to all-time highs
▼ + stars: | 2024-04-22 | by ( Frank Holland | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThese are the factors driving cocoa prices to all-time highsCNBC's Frank Holland discusses the factors fueling cocoa's price increases and which commodity appears to be next for a surge.

Persons: Frank Holland

☆ Live Updates: Columbia’s President to Testify in Antisemitism Hearing
▼ + stars: | 2024-04-17 | by ( Sharon Otterman | ) www.nytimes.com time to read: +4 min

From left, Claudine Gay, president of Harvard University; M. Elizabeth Magill, president of Penn; Pamela Nadell, a professor at American University; and Sally Kornbluth, president of M.I.T., at a congressional hearing in December. When Nemat Shafik, the president of Columbia University, was asked to appear before Congress to testify about antisemitism on college campuses in December, she cited a scheduling conflict and said she could not attend. The president of the University of Pennsylvania, M. Elizabeth Magill, resigned four days after her appearance at the hearing, where she delivered evasive answers about campus antisemitism. Harvard’s president, Claudine Gay, similarly gave vague responses and faced fierce backlash for weeks up to her resignation in January. Lawyers who prepare clients to testify before Congress said that while there are risks to not appearing, it is always an option.

Persons: Claudine Gay, Elizabeth Magill, Penn, Pamela Nadell, Sally Kornbluth, Nemat Shafik, Shafik, Minouche, Christopher Armstrong, “, you’re, ”, it’s, ” Mr, Armstrong, There’s, Emily Loeb, Block, ” Sharon Otterman Organizations: Harvard University, American University, Columbia University, University of Pennsylvania, Massachusetts Institute of Technology, Education, Workforce, United Nations, Change, Lawyers, Holland, Knight, Jenner Locations: Dubai

☆ Faith Ringgold Perfectly Captured the Pitch of America’s Madness
▼ + stars: | 2024-04-15 | by ( Holland Cotter | ) www.nytimes.com time to read: +1 min

Faith Ringgold, who died Saturday at 93, was an artist of protean inventiveness. Painter, sculptor, weaver, performer, writer and social justice activist, she made work in which the personal and political were tightly bonded. And much of that work gained popularity among audiences that didn’t necessarily frequent galleries and museums. But the art establishment, as defined by major museums, big-bucks auction houses and a few talent-hogging galleries, never knew quite what to do with it, or with her. In 2016, the Museum of Modern Art finally brought Ringgold into its collection with the acquisition of several pieces from early in her career.

Persons: Faith Ringgold, Painter, Ringgold Organizations: Museum of Modern Art Locations: Venice

☆ Tom Holland’s ‘Romeo & Juliet’ costar Francesca Amewudah-Rivers receives support after her casting sparks racist remarks
▼ + stars: | 2024-04-10 | by ( Elizabeth Wagmeister | ) edition.cnn.com time to read: +3 min

CNN —More than 800 Black actors are denouncing backlash aimed at actor Francesca Amewudah-Rivers, who was cast to play Juliet opposite Tom Holland in an upcoming stage production of “Romeo & Juliet” in London’s West End. “When news of Francesca Amewudah-Rivers’ casting in Jamie Lloyd’s production of Romeo and Juliet was announced so many people celebrated and welcomed this news,” the letter, organized by playwright Somalia Nonyé Seaton, stated. “For a casting announcement of a play to ignite such twisted ugly abuse is truly embarrassing for those so empty and barren in their own lives that they must meddle in hateful abuse. When The Jamie Lloyd Company issued its tweet decrying the online behavior, the theater company said, “This must stop… Any abuse will not be tolerated and will be reported. “Romeo & Juliet” opens on May 23 and will play through August 3.

Persons: Francesca Amewudah, Juliet, Tom Holland, Romeo, Juliet ”, Jamie Lloyd, ”, Jamie Lloyd’s, Somalia Nonyé Seaton, “, –, Francesca, James Bond ”, Lashana Lynch, Freema, Who, Susan Wokoma, Enola Holmes, Sheila Atim, Oscar, Marianne Jean, Baptiste, Lolly, Jamie Lloyd Company, Holland, Jamie Lloyd Company’s, London’s Duke, “ Romeo Organizations: CNN, Jamie Lloyd Company, London’s, York’s Locations: Rivers, London’s, Amewaduh

☆ Zendaya is proud of how Tom Holland has handled his career
▼ + stars: | 2024-04-09 | by ( Lisa Respers France | ) edition.cnn.com time to read: +1 min

CNN —Zendaya has offered up some rare remarks about boyfriend Tom Holland. “We were both very, very young, but my career was already kind of going, and his changed overnight. One day you’re a kid and you’re at the pub with your friends, and then the next day you’re Spider-Man,” she said. But he handled it really beautifully.”Next up for Holland is a role in London’s West End production of “Romeo & Juliet,” scheduled for May. “You just kind of get used to the fact that, Oh, I’m also one of these art pieces you’re going to take a picture of.

Persons: CNN — Zendaya, Tom Holland, “, ”, Romeo, Zendaya, “ It’s, ” Zendaya, I’m, ’ Organizations: CNN, Vogue, British Vogue, Museum Locations: British, Holland, London’s, Paris

☆ Standby Cruising: A New Option for Bargain Seekers
▼ + stars: | 2024-04-05 | by ( Elaine Glusac | ) www.nytimes.com time to read: +1 min

In February, Barb McGowan took a seven-day cruise on Holland America Line, visiting the Bahamas, Turks and Caicos, and the Dominican Republic for just $343, or $49 a day, excluding taxes, port fees and extras. By comparison, Holland America currently lists a seven-day Caribbean itinerary in October from about $700. “I look for deals, and this was an especially good experience,” Ms. McGowan said, praising the food and entertainment. “I was impressed enough to put down a deposit on a future cruise.”A way to keep ships fullHolland America introduced its standby program last August to maximize ship occupancy, knowing that cancellations are inevitable. So far, the rest of the cruise industry has not followed its lead.

Persons: Barb McGowan, McGown, ” Ms, McGowan Organizations: Holland America Line, Holland America Locations: Holland, Bahamas, Turks, Caicos, Dominican Republic, Naples, Fla

It had a magnitude of 4.8 and an epicenter 30 miles west of Newark, New Jersey, per the USGS. AdvertisementA rare earthquake outside New York City rattled the tristate area on Friday morning. New York City experienced an earthquake on Friday. While earthquakes in New York City are rare, North America is home to some of the world's biggest. In 2011, a 5.9 magnitude earthquake hit Virginia, marking the last major rattler to hit the East Coast.

Persons: —, Paul Earle, Talia Lakritz, Earle, Jessica Jobe, Phil Murphy, Kathy Hochul, John F, Flightradar24, Eric Adams Organizations: Service, New York City, United States Geological Survey, Gov, New York Police Department, New, New York City Fire Department, Business, Newark Liberty International, Kennedy, Federal Aviation Administration Locations: Philadelphia, Boston, Newark , New Jersey, New York, New Jersey, East, Norfolk , Virginia, Maine, New York City, Newark, Holland, North America, Virginia, Toronto

☆ Taipei 101: How Taiwan’s tallest skyscraper withstands earthquakes
▼ + stars: | 2024-04-04 | by ( Oscar Holland | ) edition.cnn.com time to read: +5 min

But in a triumph of modern engineering, the soaring Taipei 101, once the world’s tallest skyscraper, emerged from the island’s latest seismic event undamaged. A 660-ton spherical device called a tuned mass damper swings like a giant pendulum in the skyscraper's upper floors. “It’s essentially a very large counterweight,” explained Stefan Al, author of “Supertall: How the World’s Tallest Buildings Are Reshaping Our Cities and Our Lives,” in a phone interview. “In the case of Taipei 101, it’s 660 tons. Lee & Partners, Taipei 101 was the world’s tallest building from 2004 until 2007, when it was surpassed by the Burj Khalifa in Dubai.

Persons: Richard Chung TW, “ It’s, ”, Stefan Al, “, it’s, ” Al, Al, Lee Organizations: CNN, National Fire Agency, Lee & Partners Locations: Taiwan, Hualien County, Taipei, New York, Burj Khalifa, Dubai, ”, Indonesia, Chile

☆ When the Rubin Museum Was Divine
▼ + stars: | 2024-04-04 | by ( Holland Cotter | ) www.nytimes.com time to read: 1 min

The Guggenheim’s mother ship interior is such a thrill that it prepares you to love whatever’s on view. The interiors of the Frick and the Morgan are intimate enough to make you feel proprietarily, and fabulously, at home. The Rubin Museum of Art also has design and art going for it. Housed in what was once the women’s wear wing of Barneys New York, it retains the store’s six-story steel-and-marble spiral staircase, and turns spaces conceived for leisurely shopping into ideally scaled galleries. And the kind of art gathered in those galleries is, in its concentration, like nothing else in town.

Persons: Frick, Morgan Organizations: Rubin Museum of Art, Barneys Locations: Barneys New York, Himalayan Asia, India, China, Tibet

☆ Germany to redesign Adidas soccer jersey numbering amid Nazi symbol controversy
▼ + stars: | 2024-04-02 | by ( Oscar Holland | ) edition.cnn.com time to read: +3 min

CNN —German soccer authorities will redesign the number “4” on the country’s national jerseys amid claims it resembles a logo used by Nazi paramilitary units. The DFB unveiled Germany’s new uniforms, which will be worn by both men’s and women’s teams, in late March. Less than two weeks ago, the DFB announced that Nike will take over from Adidas as the German soccer team’s official shirt supplier from 2027. Adidas has produced the country’s jerseys since the 1950s, during which time the men’s team (either as Germany or West Germany) has claimed four World Cups. The logo was so widely used at the time that some German typewriters were produced with a stylized “SS” key.

Persons: Oliver Bruggen, Adolph Hitler, Walter Heck, Hitler, Guido von Organizations: CNN, Nazi, German Football Association, DFB, Schutzstaffel, UEFA, Adidas, Reuters, France, UEFA European, Nike, soccer, SS Locations: Germany, West Germany, Austrian

☆ 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

☆ Captain of Holland America ship wept said cruise passengers when he announced 2 crew members died on board in an 'accidental steam release'
▼ + stars: | 2024-03-30 | by ( Alia Shoaib | ) www.businessinsider.com time to read: +2 min

Holland America said that two crew members died on board due to an accidental steam release. The ship's captain "broke down crying" and held a moment of silence for the deceased crew members. AdvertisementCruise company Holland America has said that two unnamed crew members died on board due to "an accidental steam release in an engineering space." She said that the captain "broke down crying" and held a moment of silence for the deceased crew members. Holland America said: "All of us at Holland America Line are deeply saddened by this event.

Persons: Holland, —, Laine Doss, We've Organizations: Service, Cruise, Holland America, Business, Nieuw Amsterdam, America, Bahamas Maritime Authority, Dutch Safety, US Coast Guard, Holland, NBC News Locations: Nieuw Amsterdam, The Bahamas, Bahamas, Holland

☆ Here's how the project to develop one tractor might revolutionize the farming and automotive industries in the UK
▼ + stars: | 2024-03-26 | by ( Sponsor Post | ) www.businessinsider.com time to read: +7 min

A special cover is used on a farm's waste collection areas (known as slurry lagoons) to catch methane emissions that would otherwise escape into the air. CNH IndustrialThe potential of the methane tractor extends far beyond the farm. Industry leaders pulled together to work on the projectThe success of the methane tractor project is testament to the power of collaboration. Beyond the agricultural sector, the methane tractor project holds promise for transforming the entire automotive sector. By demonstrating the viability of alternative fuel technologies in heavy-duty vehicles, this initiative paves the way for a more sustainable future in transportation.

Persons: Andrew Damant, CNH, Derek Neilson, Eminox, David Phillips, Neilson Organizations: UK's Department for Business and Trade, Advanced Propulsion Centre, Eminox, Mobile, Automotive Transformation Fund, Advanced, Industry, Insider Studios, UK Department for Business, Trade Locations: Cornwall, Europe, CNH, New Holland

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