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The head of the Federal Aviation Administration on Friday said the agency will increase the required amount of rest time for air traffic controllers in response to concerns over fatigue amid a staffing shortage. "In my first few months at the helm of the FAA, I toured air traffic control facilities around the country — and heard concerns about schedules that do not always allow controllers to get enough rest," FAA Administrator Mike Whitaker said in a statement. A shortfall of air traffic controllers, made worse by a pause in hiring during the Covid-19 pandemic, has led to forced overtime and packed schedules for staff at some facilities. Air traffic controllers in the U.S. are required to retire at age 56. The announcement came alongside an FAA-ordered report on air traffic controller fatigue, which recommended the new rest requirements.
Persons: Mike Whitaker Organizations: Federal Aviation Administration, FAA, Boeing, Air Locations: U.S
Despite economic challenges looming large — including prolonged downturns in both the housing and stock market — China’s fascination with luxury watches remains undiminished. Cyril Zingaro/WWGF/KeystoneCertainly at this year’s fair, well-dressed, well-accessorized Chinese customers appeared unfazed by economic uncertainties. After more than 20 years working in the region, he believes China’s economic slowdown is just a temporary phase. “The situation may be slightly (more) challenging for mid-level luxury brands (whose clients’ disposable incomes are potentially more at the whim of market forces). Collectors appreciate the craftsmanship, rarity, and heritage associated with luxury timepieces, which can hold or increase in value over time.
Persons: Matthieu Humair, Cyril Zingaro, Jackson Yee, Jaeger, Zhu Yilong, Wang Yang, Xiao Zhan, David Sadigh, Patek Philippe, Van Cleef, ” Sadigh, Valentin Flauraud, , Ricardo Guadalupe, “ We’ve, Pierre Albouy, Keystone Carson Chan, Richard Mille Asia, Bonhams, ” Chan, Raphael Young, Lange, Söhne, Wilhelm Schmid, Lumen, Chan, Vacheron, Young, Roger Dubuis, Dior, Louis Vuitton, Gucci — Chanel, Hermes, Hermès, Attelé, Chanel, Mademoiselle Chanel, Organizations: Geneva CNN —, Federation of, Swiss Watch Industry, IWC, Digital Luxury, CNN, Keystone, Fondation, , Berkley, Couture Locations: Geneva, China, Hong Kong, Asia, Switzerland, Chopard, Europe, , Asia — China, Guadalupe, Swiss, watchmaking
Put simply, the halving is an automatic 50% reduction in the number of bitcoin entering circulation. “Guessing the endgame for Bitcoin after each halving is the ultimate sport,” said Antoni Trenchev, co-founder of crypto lender Nexo, in a statement. Miners are essentially auditors on the bitcoin blockchain, using powerful supercomputers to validate transactions and getting paid for their work in bitcoin. While long-term sentiments on bitcoin are bullish among the crypto faithful, the psychology around an event like the halving is hard to predict and can create volatility that’s extreme even by crypto standards. “It wouldn’t be surprising to see the price of bitcoin increase significantly over the next two years.”
Persons: CNN Business ’, it’s, , Antoni Trenchev, Gareth Rhodes, Molly White, John Sedunov, Jamie Dimon, JPMorgan Chase, Greg Beard, there’s, ” Beard Organizations: CNN Business, New York CNN, United, Miners, Villanova University, JPMorgan, Mining Locations: New York, United States, Asia, bitcoin
A US Navy ship deployed to help build a floating pier in Gaza returned home after an engine fire. USNS 2nd Lt. John P. Bobo deployed to transport equipment to operate the temporary port. AdvertisementAn M1A1 Abrams tank is off-loaded from the USNS 2nd Lt. John P. Bobo off the shore of Pohang, Republic of Korea. AdvertisementUSNS 2nd Lt. John P. Bobo and USNS Pililaau anchor off the coast of Pohang, Republic of Korea. Australian dock workers secure USNS 2nd Lt. John P. Bobo while members of the U.S. Navy, Marine Corps and Australian Defence Force begin offloading.
Persons: John P, Bobo, , Pat Ryder, Cpl, Mark W, Stroud, MV Roy P, Baldomero Lopez, Sal Mercogliano, Military.com, Frank S, Besson, Joshua Fulton, Mercogliano, horrendously, I've, You've, Scott Reel, Ryder Organizations: US Navy, USNS, Service, Navy, Pentagon, Army, MV, sealift, Naval Beach, USNI News, U.S . Navy, Marine Corps, Australian Defence Force, Defense Department Locations: Gaza, Jacksonville , Florida, Pohang , Republic of Korea, Tenerife, Africa, Azores, Souda, Greece
Although Leslie has been chipping away at her student loan debt for about 15 years, she says it's been worth it in order to pursue her passion. Leslie used her DoorDash side hustle to help pay down her student loan debt. Leslie used her early DoorDash earnings to eliminate her car loan, then began throwing the rest at her remaining student loan balance. "It was really important that I got a lot of my student loan debt taken care of because then I was able to dedicate that back into myself and my health and my mental wellness," she says. Working toward a debt-free futureAlthough Leslie says her student loan debt is at a more manageable level, she plans to continue working part-time as a DoorDash delivery driver for now.
Persons: Shonnita Leslie, Leslie, it's, It's, Roth, she'll Organizations: CNBC, Public, Fi Insurance, Hulu, Roth IRA Locations: Connecticut, Houston , Texas, Houston, Leslie's, Texas, DoorDash
USS Boxer, a Wasp-class amphibious assault ship, is returning home just 10 days after deploying. "USS Boxer is returning to San Diego to undergo additional maintenance in support of its deployment in the Indo-Pacific region," Lt. Cmdr. "We're seeing some potential delays on [the amphibious assault ship USS Wasp]," Franchetti said. A spokesperson for Surface Force Atlantic told Military.com following the incident that "during the underway, the ship discovered an engineering irregularity" and "returned to port to effect repairs." The amphibious assault ship USS Boxer transits the East Sea during Exercise Ssang Yong 2016 March 8, 2016.
Persons: Boxer, , Cmdr, Jesus Uranga, Military.com, Uranga, Craig Z, Adm, Lisa Franchetti, Franchetti, Bill Dodge, Yong, Seaman Craig Z, Konstantin Toropin Organizations: US Navy, Service, USNI News, Navy, Marine Corps, Boxer, Marines, 15th Marine Expeditionary Unit, USNI, Space, Maritime, USS Boxer, USS Boxer U.S . 5th, . Navy, Naval, Surface Force, REUTERS, U.S . Navy, Reuters, USS, Somerset Locations: San Diego, Boxer U.S, USS Boxer U.S, Norfolk, Virginia, Handout, USS Somerset, Somerset, India
New York CNN —Boeing on Monday scrambled to address safety and quality concerns about its planes ahead of a whistleblower hearing in the Senate on Wednesday. Salehpour is set to be the key witness at a Wednesday hearing of the Senate permanent subcommittee on investigations. That has sparked investigations and allegations that some Boeing employees felt reluctant to raise questions about the safety of the planes they are building or inspecting for fear of retaliation. The average 787 does 600 flights a year, according to Chisholm, and the tests Boeing put the planes through simulated 165,000 flights. Boeing and the Federal Aviation Administration have admitted that some of the planes did have problems with the gaps between parts of the fuselages that were wider than the standards set by Boeing.
Persons: Sam Salehpour, Salehpour, , “ We’re, , Lisa Fahl, Steve Chisholm, Chisholm, we’re, Fahl Organizations: New, New York CNN, Boeing, Federal Aviation Administration, Alaska Airlines, Boeing Commercial Airplanes Locations: New York, Alaska
An employee works on the tail of a Boeing Co. Dreamliner 787 plane on the production line at the company's final assembly facility in North Charleston, South Carolina. Boeing denied the allegations, calling them "inaccurate" and said it stood by the planes' safety. Salehpour is scheduled to appear along with another whistleblower who worked at Boeing, a former aviation official and an independent safety expert at a Senate hearing on Wednesday about aircraft safety called "Examining Boeing's Broken Safety Culture: Firsthand Accounts." Boeing last week declined to comment on those specific allegations, citing the FAA's ongoing whistleblower investigation, but said, "Retaliation is strictly prohibited at Boeing." The company is scheduled to report quarterly results on April 24, when it will face investor questions about aircraft safety, production rates and FAA oversight.
Persons: Sam Salehpour, Steve Chisholm Organizations: Boeing Co, Boeing, Federal Aviation Administration, FAA Locations: North Charleston , South Carolina
"This is really the first study to understand how the brochosome's complex geometry interacts with light," Wong said. After almost a decade of research, they managed to 3D print the world's first synthetic brochosomes. Wong's future research will partly focus on making smaller synthetic brochosomes to target the shorter end of the electromagnetic spectrum. Yaorusheng/Getty ImagesAlthough Wong's synthetic brochosomes mark a major step towards invisibility-cloaking technology, scientists are still decades away from bringing anything to market. "Depending on our imagination, I think there are many cool applications that can come out of brochosomes," Wong said.
Persons: , Tak Sing Wong, aren't, Lin Wang, Wong Brochosomes, Wong, Wong's, brochosomes, Hao Xin Organizations: Service, Pennsylvania State University, Penn State, Business, University of Arizona, European Union Locations: brochosomes
What history shows: Goldman Sachs beats earnings estimates 85% of the time, according to Bespoke Investment Group. What CNBC is watching: Bank of America shares have struggled lately, losing 5.6% this month as investors reprice rate cut expectations. Morgan Stanley is set to report earnings before the open. United Airlines is set to report earnings after the close. Thursday Netflix is set to report earnings after the close.
Persons: Goldman Sachs, Morgan Stanley, JPMorgan Chase, Goldman, Devin Ryan, Morgan, Ryan, UNH, UnitedHealth, LSEG, UAL, Leslie Josephs, Oppenheimer, Jason Helfstein, Procter & Gamble, Dara Mohsenian, Procter Organizations: Bank of America, Netflix, JPMorgan, CNBC, JMP Securities, Investment, Tuesday Bank of America, UBS, BofA, Dow Jones Industrial, Street, United Airlines, Boeing, Max, Federal Aviation Administration, San Francisco, United, Procter & Locations: Charlotte, San, U.S, China
Diptych, dyad, dialectic: The relationship between the first pair of buildings Philip Johnson designed for his estate in New Canaan, Conn., has taxed the metaphorical imaginations of critics and architectural historians since the structures were completed, just months apart, in 1949. On one side, the Glass House, transparent and entirely self-possessed, a work of modernist daring framed in steel and inspired, as Johnson was only too happy to admit, by the designs of his hero, the German architect Ludwig Mies van der Rohe. On the other, the Brick House, sometimes called the Guest House, hiding behind its inscrutable exterior the bedroom Johnson called his “sex room,” as well as the mechanical equipment serving its more glamorous relative 105 feet away. Point, counterpoint. You could write a book about the Freudian relationship between the two buildings, linked by a tunnel carrying water and power — a connection Johnson called the “umbilical cord.” And in fact somebody has: Adele Tutter, associate clinical professor of psychiatry at Columbia University, whose 2016 study “Dream House: An Intimate Portrait of the Philip Johnson Glass House” observes that the architect, fully exposed “in his transparent house, nevertheless remained ever-connected to a source of warmth and sustenance, hidden behind a forbidding and impenetrable facade, in a house of earthen brick.”
Persons: Philip Johnson, Johnson, Ludwig Mies van der, Adele Tutter Organizations: Glass, Brick, Columbia University, Philip Johnson Glass Locations: New Canaan, Conn, Ludwig Mies van der Rohe
CNN —While Manchester City manager Pep Guardiola was watching his team play Real Madrid in the first leg of the Champions League quarter-finals on Tuesday, his watch was making headlines around the world. Guardiola was wearing an extravagant Richard Mille watch worth £1 million ($1.26 million) on his wrist at Madrid’s Estadio Santiago Bernabéu, according to TNT Sports, which is owned by Warner Bros. The limited-edition timepiece — one of only 50 ever made — is the lightest mechanical watch ever made, according to the designer, weighing only 18.83 grams including the strap. It was originally designed for 22-time Grand Slam tennis champion Rafael Nadal to wear while playing and so every element was carefully engineered to minimize its weight. Guardiola's Manchester City won the Champions League last year.
Persons: Pep Guardiola, Guardiola, Richard Mille, Estadio Santiago Bernabéu, Rafael Nadal, Oscar J . Barroso, Antonio Miró Organizations: CNN, Manchester City, Real Madrid, Champions League, Estadio, TNT Sports, Warner Bros, Europa Press, Barcelona FC Locations: Spanish
Global airlines are governed by nine "freedoms of the air," drafted 80 years ago in 1944. The fifth freedom can give airlines a competitive edge and help capitalize on demand. "Five Freedom Agreements"Qantas flies a Boeing 787 on its fifth freedom route between Sydney and New York. Seventh FreedomThe seventh freedom is similar to the fifth freedom but takes out the limitation of where the route must start or end. Ninth FreedomAdvertisementThis cabotage freedom allows an airline of one nation to fly between two points in a separate single country.
Persons: , Vytautas Kielaitis, Taylor Rains, Toshi, Nicolas Economou Organizations: Service, International Civil Aviation Organization, United Nations, Chicago Convention, ICAO, Chicago, European Union, Singapore Airlines, Airbus, Qantas, Google Flights, United Airlines, FAA, Emirates, Latam Airlines, Atlantic . Emirates, luxe, Forbes, Air Senegal, Boeing, Ryanair, Getty, Nice Locations: New York, Singapore, Frankfurt, Germany, Emirates, JFK, Milan, Newark, Athens, Dubai, Australian, Sydney, Auckland , New Zealand, Cebu, Philippines, Tokyo, , Mexico City, Barcelona, Santiago, Chile, Auckland, Amsterdam, Buenos Aires, Los Angeles, Australia, Dakar, Baltimore, Ireland, Rome, Vilnius, Lithuania, Paris
Humane's wearable AI pin became available nationwide today. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Humane says its wearable AI Pin, which it hopes will one day replace your smartphone, can do everything from making phone calls to projecting information onto the palm of your hand. That pretty much sums up my first three days with Humane's AI Pin," he wrote. The consensus seems that Humane's AI Pin is nowhere near replacing your smartphone, but it has potential.
Persons: , David Pierce, Julian Chokkattu, you've, Inverse's Raymond Wong, Chris Velazco Organizations: Service, The Washington Post Locations: Swiss
Wooden turbine towers could make wind power even greener
  + stars: | 2024-04-10 | by ( Arya Jyothi | ) edition.cnn.com   time to read: +6 min
Swedish company Modvion believes it has found a greener alternative — building turbine towers from wood. ModvionAccording to Otto Lundman, co-founder and CEO of Modvion, using wooden towers reduces the lifecycle emissions of a wind turbine by over 25%, and by 90% if you only compare the tower component of the turbine. He adds that if you take into account the carbon dioxide absorbed by trees when they grow, the wooden towers can be considered to store more carbon that they emit. In 2023 the company installed its first commercial two-megawatt unit, a 105-meter-high (345 feet) wooden turbine tower, called Wind of Change, outside Skara, Sweden, for electric utility company Varberg Energi. “But in wind power standards, wood is not really considered for the towers, it’s mostly steel and concrete.
Persons: Modvion, Otto Lundman, Lundman, David Olivegren, Wood, , Abbas Kazemi Amiri, Amiri, , Paul Wennerholm Organizations: CNN, Swedish Energy Agency, Wind Energy, Control, University of Strathclyde, Voodin Blades Locations: Sweden, Skara, University of Strathclyde , Glasgow
In 2023, more than 550 businesses and nearly 6,000 new job opportunities were established on the island, according to Invest Puerto Rico. More than ever, Puerto Rico is positioned to host entrepreneurs and executives considering establishing or expanding their business presence. When González cofounded the tech consultancy firm Wovenware in 2003, Puerto Rico's tech scene was virtually nonexistent. Fast forward two decades since its founding, and Wovenware stands as a testament to Puerto Rico's vibrant tech ecosystem, having grown into a key player. Learn more about establishing yourself in Puerto Rico's business landscape.
Persons: Luis Ramos, Christian González, González, might've, Ramos, it's, Organizations: Invest, Honeywell Aerospace, Puerto, Puerto Rico, University of Puerto, Polytechnic University of Puerto Rico, Honeywell, González, Workers, Insider Studios Locations: Puerto Rico, Invest Puerto Rico, Puerto Rican, Puerto, University of Puerto Rico, Aguadilla, Puerto Rico's
New York CNN —A Houston-bound Boeing 737-800 plane operated by Southwest Airlines returned safely to Denver International Airport on Sunday after an engine cover fell off and struck the wing flap, according to the Federal Aviation Administration. “We apologize for the inconvenience of their delay but place our highest priority on ultimate Safety for our Customers and Employees,” the statement said. Southwest said its maintenance teams would review the aircraft, which departed at 7:49 a.m. local time and returned at 8:15 a.m. The plane was deemed airworthy in May 2015, per FAA records. Boeing declined to comment and referred CNN to Southwest for information about plane and fleet operations.
Organizations: New, New York CNN, Boeing, Southwest Airlines, Denver International Airport, Federal Aviation Administration, CNN, Southwest, Employees Locations: New York, Houston, Southwest
A transatlantic United Airlines flight was diverted around an hour into its journey on Sunday. An airline spokesperson told BI the Boeing 787 had a crack in its windshield. AdvertisementA United Airlines plane heading from Denver to London was diverted on Sunday due to a crack in its windshield. A spokesperson for United told Business Insider that the plane "landed safely in Chicago to address a crack in one layer of its multilayer windshield." This story is available exclusively to Business Insider subscribers.
Persons: Organizations: United Airlines, Boeing, Service, Airlines, Chicago O'Hare, United, Business Locations: Denver, London, Chicago
The Biden administration has encouraged American companies to move electronics and technology manufacturing operations out of China and into friendlier countries, particularly Vietnam and India in Asia-Pacific. Vietnam's head startIndia and Vietnam are attractive manufacturing alternatives for foreign investors and companies, due in part to low labor costs. Import taxes remain highOne hurdle for India's manufacturing hub ambitions is the country's 10% import duty for information and communication technologies. India's import taxes were intended to protect domestic manufacturers, but lowering those duties will be part of the government's efforts to attract foreign firms to manufacture goods within the country. For example, India in January lowered import taxes for certain metal and plastic parts used in manufacturing mobile phones from 15% to 10%.
Persons: Biden, Mukesh Aghi, Samir Kapadia, Narendra Modi's, Aghi, Nari Viswanathan, Viswanathan, Tim Cook, Narendra Modi, Andy Ho, Modi, Kapadia, Pankaj Mahindroo, VinaCapital's Ho, Ho Organizations: Hindustan Times, Getty, Republicans, U.S ., India Strategic Partnership, India Index, Vogel Group, U.S, White House, Washington, Financial Times, Apple, Indian, Google, Dixon Technologies, Samsung, Motorola, India Cellular and Electronics Association, CNBC, corporates Locations: Noida, India, Asia, China, Vietnam, The U.S, U.S, United States, Singapore
Seven people were taken to hospital following a United Airlines flight on Friday. The flight from Tel Aviv to Newark experienced "severe turbulence." It was forced to land at New York Stewart International Airport due to a "passenger medical emergency." AdvertisementSeven people were taken to hospital after a United Airlines flight bound for Newark experienced "severe turbulence" on Friday, officials said. Business Insider has contacted United Airlines and the Federal Aviation Administration (FAA) for comment.
Persons: , United, Michael Bigg, Bigg, Max, Scott Kirby, Kirby Organizations: United Airlines, New York Stewart, Service, Newark, New York Stewart International, Federal Aviation Administration, CNN, Windsor Emergency Medical Service, New, New York International Airport, Newark Liberty International Airport, NBC News, FAA, CBS, Airlines, Alaska Airlines Locations: Tel Aviv, Newark, New, Windsor, New York, United, Israel, Gaza, San Francisco, Paris, Denver
Just minutes before the cargo ship Dali was set to glide under Baltimore’s Francis Scott Key Bridge, the ship’s alarms began to blare. The lights went out. Even the rudder, which the crew uses to maneuver the vessel, was frozen. As a frantic effort to restore the ship was underway, the pilot soon recognized that the aimless vessel was drifting toward disaster, and called for help. The cascading collapse of the vessel’s most crucial operating systems left the Dali adrift until it ultimately collided with the Key bridge, knocking the span into the river and killing six people.
Persons: Dali, Baltimore’s Francis Scott Key Organizations: Engineers
Customers can get their coffee from a robot barista in certain Muji stores. The robot, Jarvis, can perform tasks ranging from frothing milk to creating Latte art. AdvertisementA robot coffee barista named Jarvis has joined four Muji stores in the US and Canada. The bot's mechanical arm can swing around and bend to pick up the frothed milk, tamp coffee grounds, and even make Latte art. This story is available exclusively to Business Insider subscribers.
Persons: Jarvis, , they're Organizations: Service, New York Post, Business Locations: Canada, Americano
She is the daughter of the Japanese photographer Joe Honda. Joe Honda ArchiveCommercial opportunityIn the 1960s, Japan was emerging as an advanced and high-tech nation following its defeat in WWII. “The groundwork for the Indy 200 was already laid by then, and the Japanese were ready and willing to pay for racing,” he said. Rare intimacyFive months before the Indy 200, Clark had been invited to test-drive the Fuji road course. Joe Honda ArchiveCultural shiftsIn 1966, no Japanese drivers or cars participated in the exhibition Indy 200 race.
Persons: Joe Honda, Japan CNN —, Jim Clark, Honda, Jackie Stewart, Chris Amon, Akira Jin –, , Shingo Shiozawa, Riki Ohkubo, , , ” Jackie Stewart, Nissan Sunny, Jack K, Yamaguchi, Jin –, Japan –, Shiozawa, Jack Brabham, Clark, Graham Hill, Ohkubo, Honda’s, Colin Chapman, , , ’ ”, Donald Capps Organizations: CNN, Japan CNN, Jim Clark Motorsport Museum, Indianapolis, IndyCar, Fuji International, Honda, Boys, Indy, Fuji, Japan, Nissan, Prix, Suzuka, Formula, Fuji International Speedway, Bolshoi Ballet, Leningrad Philharmonic, United States Auto, Triple Crown, Motorsport, Monaco, Nippon Auto Club, Speedway, Automotive Society of Historians Locations: Tokyo, Japan, Fuji, Scotland, New Zealand, American, Asia, America, Mie, Indianapolis
I am the backup plan.”Tim Hubbard University of Notre DameNow Boeing needs a backup to the backup. What does the portrait of an ideal leader for Boeing look like? Boeing’s new CEO needs to signal change. Boeing’s new CEO needs to embody the company the board wants Boeing to become. If the new CEO needs a blueprint of what their legacy could look like, they need only read up on the not-so-recent history of Boeing.
Persons: Tim Hubbard, CNN —, Dennis Muilenburg —, Max, David Calhoun, , Tim Organizations: Management, Organization, Mendoza College of Business, University of Notre Dame, CNN, Boeing, Tim Hubbard University of Notre Dame, General Electric, Wall
A loss of propulsion would have had an effect on the rudder's ability to steer effectively, Lipian told BI. Related stories"There's no brakes on a ship," Lipian added. Instead of building bridges strong enough to withstand a direct impact from a ship, engineers focus on deflecting a wayward vessel from its path. AdvertisementIn fact, engineers would struggle to design a bridge capable of stopping a ship as large as the Dali, she said. Newer bridges, built with heavier cargo ships in mind, may include larger gaps between the supporting piers, Broyd said.
Persons: , Dali, Wes Moore, Henry Lipian, Lipian, Moore, Tim Broyd, Francis Scott Key, Broyd, Lorna Wharton, Rick Geddes, Mark Richards Organizations: Service, National Transportation Safety Board, Business, FBI, NBC, Forensics, US Coast Guard, Port, Maryland Association of Pilots, Gov, Infrastructure Security Agency, ABC News, University College London, UK's, of Civil Engineers, COWI, Cornell University Infrastructure Policy, BI Locations: Maryland
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