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☆ GameStop shares surge as ‘Roaring Kitty’ trader posts account showing $116 million position
▼ + stars: | 2024-06-02 | by ( Yun Li | ) www.cnbc.com time to read: +1 min

Meme stock GameStop is rallying again on speculation Keith Gill, the man who inspired 2021's epic short squeeze, could currently have a huge position in the video game retailer. Gill, who goes by DeepF------Value on Reddit and Roaring Kitty on YouTube and X, reappeared Sunday night, posting a screenshot of what could be his portfolio holding a significant amount of GameStop common shares and call options. The Reddit trading crowd's favorite trader holds 5 million shares of GameStop worth $115.7 million as of Friday's closing price, according to the account snapshot posted on Reddit's r/SuperStonk forum. The account also showed a position of 120,000 call options in GameStop with a strike price of $20 that expire on June 21st that were purchased for about $5.68 each. GameStop shares closed Friday at $23.14.

Persons: Keith Gill, Gill Organizations: GameStop, DeepF, YouTube, CNBC

☆ Croatian millennials can't afford to buy homes. The solution — build on top of their parents' place.
▼ + stars: | 2024-06-02 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +6 min

Joshua Zitser/Business InsiderWhen Dascalescu, originally from Romania, moved to Mokošica in 2017 with his Croatian wife, Diana, buying a home in Dubrovnik wasn't financially viable. Now, Dascalescu and Marlais live on their own floor, beneath her brother and his children, who live beneath their parents. Joshua Zitser/Business InsiderThe popularity of this set-up comes down to price, according to a Croatian real-estate expert. AdvertisementPerhaps as a result, many Croatian millennials are stuck living at home well into their mid-30s — the highest average age in Europe. Given the lucrative potential of short-term rentals, Croatian homeowners might also be building rooftop apartments for tourists, to generate extra income, he added.

Persons: —, Bogdan Dascalescu, Dascalescu, Joshua Zitser, Diana Marlais, Diana, Marlais, Bogdan Dascalescu's, Filip Brkan, Brkan, Ivan Vukovic, Nenad Lipovac, Lipovac, there's Organizations: Service, Business, Real Estate Business Association of, Croatian Chamber, Eurostat, UNESCO, University of Zagreb, BI Locations: Dubrovnik, Old Town, Mokošica, Independence, Romania, Croatian, Dubrovnik wasn't, Marlais, Croatia, Europe

☆ Simone Biles wins ninth national all-around title, sweeps event titles at U.S. Gymnastics Championships
▼ + stars: | 2024-06-02 | by ( Tess Demeyer | ) www.nytimes.com time to read: +3 min

FORT WORTH, Texas — What do you get for the nine-time national all-around champion who has everything? Simone Biles earned the Texas token as a trophy Sunday night after clinching the top spot at the U.S. Gymnastics Championships with a total score of 119.750 (60.450 on Day 1, 59.300 on Day 2). Biles capped her winning all-around performance on the uneven bars, coasting through in her typical speedy fashion to score a 14.400. Tokyo silver medalist Jordan Chiles climbed to fifth in the all-around standings behind a big 14.100 floor routine while 2020 floor Olympic gold medalist Jade Carey finished seventh.

Persons: Simone Biles, Biles, Skye Blakely, Suni Lee, Kayla DiCello, Lee, didn’t, Jordan Chiles, Jade Carey, DiCello, Leanne Wong, Brody Malone, Michigan’s Frederick Richards, Stanford’s Kohi Young, Elsa, Getty Organizations: U.S, Paris Olympic, Olympic Trials, Olympic Locations: Texas, Tokyo, Paris

☆ Donn Delson on documenting the world from 12,000 feet
▼ + stars: | 2024-05-31 | by ( Leah Dolan | ) edition.cnn.com time to read: +5 min

London CNN —“This is not daredevil stuff,” says 75-year-old fine art photographer Donn Delson as we sit in a helicopter with no door, almost 2,000 feet above London. Donn DelsonDelson, who is based in Los Angeles, began his career as an aerial photographer almost a decade ago. On a trip flying 3,200 feet over Molokai, Hawaii, Delson was captured inside a rare double circular rainbow. Courtesy Donn DelsonEven if he returns empty-handed, Delson believes there is more to be gained from the experience than simply making new work. “The world from above, it’s just so different from the world we know,” said Delson.

Persons: ”, Donn Delson, Ben, Delson —, It’s, we’re, —, Donn Delson Delson, “ I’ve, ” Delson, BandMerch, Rihanna, Billy Joel, — Delson, Delson, Donn Delson “, “, “ I’m Organizations: London CNN, CNN Locations: London, Los Angeles, Japan, Molokai, Hawaii, New Zealand, ”, Delson, Israel

☆ Netflix Wins $8.8 Million in Fight Over Planned TV Series
▼ + stars: | 2024-05-31 | by ( John Carreyrou | More About John Carreyrou | ) www.nytimes.com time to read: +1 min

An arbitrator ruled in Netflix’s favor in a high-profile dispute between the streaming giant and the Hollywood director Carl Erik Rinsch over a science-fiction series that never aired, awarding the company nearly $9 million in damages. Mr. Rinsch had sold Netflix the television show, “Conquest,” near the height of the streaming boom in 2018, but he never delivered any episodes. Netflix had to write off the $55 million it had spent on the project — a fiasco that became a symbol of the era of profligate spending that Hollywood studios are trying to put behind them as they focus on increasing profits rather than simply adding subscribers. Netflix canceled the development of “Conquest” in early 2021 after Mr. Rinsch’s behavior turned erratic. In texts and emails to Netflix executives, he claimed to have discovered Covid-19’s secret transmission mechanism and told his wife, a producer on the show, that he could predict earthquakes and lightning strikes.

Persons: Carl Erik Rinsch, Rinsch Organizations: Netflix, Hollywood Locations: Netflix’s, ”

☆ Britain cuts stake in NatWest via £1.24 billion share sale
▼ + stars: | 2024-05-31 | by ( ) www.cnbc.com time to read: +1 min

A NatWest Group Plc bank branch in the City of London, UK, on Thursday, Feb. 15, 2024. The British government has sold 1.24 billion pounds ($1.58 billion) worth of shares in NatWest Group back to the lender, it said on Friday, decreasing its stake to about 22.5% from nearly 26% previously. The London-listed bank bought back 392.4 million shares from the government in an off-market purchase at 316.2 pence a share, as part of its existing contract with the state. The heavily anticipated stock sale is a key milestone in the bank's full privatization. The settlement of the off-market purchase will occur on June 4, the government said in a statement.

Organizations: NatWest Group, City of, NatWest, Royal Bank of Scotland Locations: City, City of London, London

☆ Owners want out at a super-luxe skyscraper on 'Billionaire's Row': report
▼ + stars: | 2024-05-30 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewAn ultra-luxe "Billionaire's Row" residential tower has been mired in a lengthy legal dispute, and some owners are now looking to sell building, according to a report in The Wall Street Journal. The condominium board at 432 Park Avenue in midtown Manhattan — once the tallest residential building in the Western Hemisphere — first sued the building's developers in 2021. In the three years since the initial lawsuit, the battle has intensified, with more than 4 million pages of documents filed in court, according to The Wall Street Journal. Eighteen units in 432 Park, totaling 14% of the building's units, were listed for sale as of mid-May, the Wall Street Journal analysis found, citing data from StreetEasy.

Persons: — Organizations: Service, Street, Hemisphere, Business, Wall Street, Wall, WSJ Locations: midtown Manhattan —, New York City, StreetEasy

☆ Owners are fleeing a troubled super-luxe skyscraper on 'Billionaire's Row': report
▼ + stars: | 2024-05-30 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewAn ultra-luxe "Billionaire's Row" residential tower has been mired in a lengthy legal dispute, and some owners are now fleeing the building, according to a report in The Wall Street Journal. The condominium board at 432 Park Avenue in midtown Manhattan — once the tallest residential building in the Western Hemisphere — first sued the building's developers in 2021. In the three years since the initial lawsuit, the battle has intensified, with more than 4 million pages of documents filed in court, according to The Wall Street Journal. AdvertisementEighteen units in 432 Park, totaling 14% of the building's units, were listed for sale as of mid-May, the Wall Street Journal analysis found, citing data from StreetEasy.

Persons: — Organizations: Service, Street, Hemisphere, Business, Wall Street, Wall Locations: midtown Manhattan —, New York City, StreetEasy

We asked seven pro investors to identify the best trades of their careers and explain how the lessons from those decisions still apply today. The CBOE Volatility Index, also known as the VIX, shot above 40, essentially meaning traders were betting that the stock market would be exceptionally rocky over the following month. Jeff Muhlenkamp, lead portfolio manager at Muhlenkamp & CompanyJeff Muhlenkamp Muhlenkamp & CompanyJeff Muhlenkamp's namesake Muhlenkamp Fund (MUHLX) has been in the top 3% of its category in the past half-decade, thanks to trades like one he pulled off on Chinese internet firm Baidu (BIDU). "I pretty much expected, 'OK, if I get a double out of this in five years, I'll be happy' — that's pretty decent money," Muhlenkamp said. He noted that industrials within the Russell Mid Cap value index have returned 116% over the previous five years.

Persons: —, That's, Michael Burry, Warren Buffett, Berkshire, Rob Arnott, Tim Boyle, Arnott, I'd, Bob Elliott, Bob Elliott's, Elliott, Jeff Muhlenkamp, Jeff Muhlenkamp Muhlenkamp, Jeff Muhlenkamp's, Muhlenkamp, you've, Sona Menon, Cambridge Associates Sona Menon, Bryant VanCronkhite, Allspring Bryant VanCronkhite Allspring Bryant VanCronkhite, VanCronkhite, Russell, industrials, James Davolos, Davolos, George Patton, Harley Bassman, Harley Bassman's, Bassman, Merrill Lynch, I'm Organizations: Service, American Express, Business, Research, Bloomberg, Getty, Bridgewater Associates, Treasury, Securities, Muhlenkamp, Baidu, Google, North, Cambridge Associates, Allspring, Horizon Kinetics, Opportunities Fund, Credit Suisse Locations: industrials, West Africa, New York City, Guinea

☆ I helped my aging dad get a job in the kitchen of the hospital I work at. It's hard to see him in such a thankless job, but I'm so proud and love being his coworker.
▼ + stars: | 2024-05-29 | by ( Grace Ryu | ) www.businessinsider.com time to read: +8 min

My dad owned a wide variety of businesses. My dad worked the grill and made the hot dishes while my mom took customer orders and packed the food. AdvertisementI vouched for my dad at my jobMy dad told me that he still wanted to work after he sold the lease. That's when I thought he could get a job working in the kitchen at the hospital where I worked. I talked to the manager of food services at my hospital and asked if they'd give my dad a job in the kitchen.

Persons: he'd, Ryu, Grace Ryu, —, He's, they'd, I'd, he's, I've, She's Organizations: Service, Business Locations: Maryland, Baltimore, Ocean City, California, America

☆ China lifts ban on five Australian beef exporters
▼ + stars: | 2024-05-29 | by ( ) edition.cnn.com time to read: +2 min

Sydney —China has lifted bans on imports from five major Australian beef processing facilities, the Australian government said on Thursday, in the latest sign of improving relations between the two nations. The bans applied to certain abattoirs but did not affect others, which meant Australia was still able to ship beef to China. China was Australia’s second-biggest beef export market last year, receiving 240,000 tons worth around $1.6 billion, Australian trade data shows. They said China’s trade impediments at their height impacted Australian exports worth 20.6 billion Australian dollars ($13.6 billion). The reasons China gave for suspending the Australian beef processors were issues over labeling or contamination or cases of COVID-19 among their workers.

Persons: ”, Matt Dalgleish, Dalgleish, “, Penny Wong, Don Farrell, Murray Watt Locations: Sydney — China, Beijing, China, Australia, Canberra, United States

☆ The Alitos, the Neighborhood Clash and the Upside-Down Flag
▼ + stars: | 2024-05-28 | by ( Jodi Kantor | ) www.nytimes.com time to read: +1 min

A young couple claimed they were being harassed by the wife of a Supreme Court justice. The officer on the line responded that there was little the police could do: Yelling was not a crime. The couple placed the call after a series of encounters with Martha-Ann Alito, wife of Justice Samuel A. Alito Jr., that had gone from uneasy to ugly. The clash between the wife of a conservative Supreme Court justice and the couple, who were in their 30s, liberal and proud of it, played out over months on a bucolic block in Alexandria. But three years later, that neighborhood spat — which both sides said began over an anti-Trump sign — has taken on far greater proportions.

Persons: “, ”, Martha, Ann Alito, Samuel A, Alito Jr, Emily Baden, Alito, Baden, — Organizations: The New York Times, Court, Trump Locations: Fairfax County, Va, Alexandria, America

Miss Kim brought in $1.89 million in sales in 2023 and made a net profit of $101,553 for the fiscal year from August 2022 to July 2023. "I started wondering, if I had Korean food or Asian food and I was able to tell this story…what would that look like?" In the fiscal year from August 2016 to July 2017, Miss Kim brought in $699,877 in sales, according to Kim. Doing away with tippingToday, Miss Kim is profitable and thriving, with total sales of $1.89 million in 2023. When Miss Kim first opened, "we decided that we're going to do away with tipped credit and pay people living wage."

Persons: Ji Hye Kim, Kim, Ann Arbor, Miss Kim, Young Kim, Hye Kim Kim, Paul Saginaw, Ari Weinzweig, Zingerman's, Hye Kim, she'd, It's, Kim didn't, Zach Green, Marisa Forziati Organizations: CNBC, U.S, University of Michigan, Dancing Sandwich Enterprises, Miss Locations: South Korea, New Jersey, Ann, Zingerman's, Ann Arbor, Michigan, New York, Saginaw, Korea, Ann Arbor , Michigan, gochujang, U.S, United States, Miss

Enter the Epson FastFoto (FF-680W), the only home scanner on the market that can batch-process up to 35 photos at a time, with scanning speeds up to 80 photos per minute. Epson FastFoto (FF-680W) The FastFoto is one of the best photo scanners on the market, allowing you to batch-scan images at speeds of up to two photos per second. While the OfficeJet has can scan images, it is much slower and more manual process than with the FastFoto. The same photo, as scanned by a cellphone app and the Epson FastFoto. AdvertisementThe bottom lineThe Epson FastFoto is the easiest and fastest solution I've found for digitizing old photos.

Persons: I've, Lauren Savoie, I'd Organizations: Business, Google, Epson, Shop, HP

☆ A ‘rebrand’ for Lilly Pulitzer takes the classic resort label back to its roots
▼ + stars: | 2024-05-27 | by ( Diana Pearl | ) edition.cnn.com time to read: +7 min

A new logo (and merchandising) for the resort brand Lilly Pulitzer aims to be both timely, and timeless. Pictured above, a Lilly Pulitzer store in Sarasota, Florida. But it maintains firm roots in Palm Beach. “Nothing is more rooted in a resort Americana aesthetic than Lilly Pulitzer,” said Robert Burke, chief executive of retail consultancy Robert Burke Associates. This year, in addition to the Badgley Mischka collaboration, it rolled out a team-up with Natalie’s Juice, selling bottles of orange juice featuring a custom Lilly Pulitzer sticker.

Persons: Lilly Pulitzer, —, Lilly, Lilly Pulitzer hasn’t, Donald Trump, John Greim, ”, Michelle Kelly, Badgley Mischka, ” Kelly, Lilly Pulitzer’s, Nili, Pulitzer, “ Lilly, Kelly, “ It’s, Jacqueline Kennedy Onassis, Wendy Vanderbilt, Tommy Bahama, Johnny Was, Robert Burke, “, Robin Kramer, Burke Organizations: The, Fashion, CNN, Target, Hill, Apple, Palm Beach, Pulitzer, Oxford Industries, Robert, Robert Burke Associates, Natalie’s Locations: New York’s, Palm Beach , Florida, Sarasota , Florida, Philadelphia, Palm Beach, Cranston , Rhode Island

☆ Tennis has a hot summer coming, fueled by Zendaya, ‘Challengers’ and luxury sponsors
▼ + stars: | 2024-05-26 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +11 min

Elsa/Getty Images“We say no a lot,” admits Evan Zeder, director of global sports marketing for New Balance’s tennis and baseball units. Lacoste, the French luxury brand, was born with tennis in mind since its start in 1933. Lacoste’s polo shirts have become a major part of the “tennis aesthetic,” or the luxury athleticism #tenniscore trending on social media. Alcohol brands trying to crack the US market see the growing popularity of tennis as an opportunity to introduce themselves to drinkers. Dobel became the US Open’s official tequila sponsor last year, bringing alongs its Ace Paloma cocktail that it sells at other tennis tournaments it sponsors.

Persons: New York CNN — It’s, ”, Louis Vuitton, Loewe, Serena Williams, they’re, Bob Lynch, ” Lynch, Roger Federer, Anne Hathaway, Roland Garros, Rafael Nadal, Christophe Petit Tesson, Novak Djokovic, Williams, Naomi Osaka, Carlos Alcaraz, Iga Świątek, Coco Gauff, “, outfitter, Gauff, she’s, Aryna, Elsa, Evan Zeder, Tommy Paul, it’s “, Lacoste, René Lacoste, “ Lacoste, Catherine Spindler, Djokovic, Daniil Medvedev, ” Novak Djokovic, Mike Stobe, ” Zendaya, ” Spindler, Maestro Dobel, Dobel, Paloma, Lander Otegui, Otegui, ” Otegui, Charlize Theron, Arthur Ashe, Katie Holmes, “ It’s, it’s Organizations: New, New York CNN, luxe, Vogue, ESPN, ABC, Tennis, United States Tennis Association, Brands, MLB, MLS, NBA, Tennis Channel, Netflix, CNN, YouTube, That’s, Wimbledon, Microsoft, Nike, Adidas, Lacoste, Australian, US, USTA Locations: New York, “, Swiss, Paris, Poland, Australia, London, Chambord, Mexico, Miami, Indian Wells, Cincinnati

Shop at Walmart What we like Check mark icon A check mark. Local dimming for excellent contrast controlCheck mark icon A check mark. Shop at Mattress FirmFor a full breakdown of mattress deals, check out our guide to the best Memorial Day mattress sales. Shop at Amazon What we like Check mark icon A check mark. Shop at Amazon Shop at Kohl's What we like Check mark icon A check mark.

Persons: we've, you'll, you've, fryer, Braun, Fryer, Ninja's, Ninja, Crisp, Pick, It’s, Max, Casper, Pillow, Topper, Allbirds Organizations: Business, Apple, Day, Samsung, Walmart, Samsung TV, Amazon Sony, Amazon Samsung, Amazon, DreamCloud Sealy, Amazon ., Shop, Ninja, Sony, JBL Bluetooth, Amazon Beats, Amazon Apple, JBL, Haven, Elm, Flyers Locations: Brooklyn, France, Chewy

☆ What the Downfall of Red Lobster Tells Us About America - The New York Times
▼ + stars: | 2024-05-24 | by ( Peter Coy | ) www.nytimes.com time to read: +1 min

In his article for a 1945 issue of The Journal of Farm Economics, he settled on just five foods based on their August 1939 prices, in these quantities per year: 370 pounds of wheat flour, 57 cans of evaporated milk, 111 pounds of cabbage, 23 pounds of spinach and 285 pounds of dried navy beans. Stigler hastened to say that this was purely an academic exercise, not a diet recommendation. “It would be the height of absurdity to practice extreme economy at the dinner table in order to have an excess of housing or recreation or leisure,” he wrote. Still, I thought of the Stigler diet this week when the news came out that Red Lobster, the seafood restaurant chain, had cracked under pressure and filed for Chapter 11 bankruptcy protection. One source of its problems — not the biggest, but the easiest for customers to grasp — was an every-day-all-you-can-eat shrimp promotion last year that got too popular and was a key reason for an $11 million quarterly operating loss.

Persons: George Stigler, ”, — Organizations: Farm Economics

☆ Jim Cramer runs through 4 stock movers and why he owns and believes in cryptocurrency ether
▼ + stars: | 2024-05-24 | by ( Matthew J. Belvedere | ) www.cnbc.com time to read: +1 min

Workday : The HR software company cut its subscription revenue outlook, and the stock was being punished Friday, down 13.5%. "Everybody in the country is trying to scale back" human resources, Jim Cramer said Friday, adding that's the problem. The stock Wednesday finished well off the highs for the session and then went down and up Thursday and Friday. Cramer said "Deckers is very well run company" but warned that footwear and apparel "can be fickle." Cramer said he owns ether in his personal portfolio.

Persons: Jim Cramer's, Jim Cramer, Cramer, UGGs Organizations: CNBC, Club, HR, Ross Stores, Ross, Intuit, SEC, U.S . Locations: Maxx

☆ 'Super Size Me' director Morgan Spurlock dead at 53
▼ + stars: | 2024-05-24 | by ( Grace Eliza Goodwin | Jason Guerrasio | ) www.businessinsider.com time to read: +4 min

Read previewMorgan Spurlock, the documentary filmmaker who famously ate only McDonald's for a full month for his 2004 Oscar-nominated film "Super Size Me," has died at the age of 53 from complications related to cancer, his family announced on Friday. Related storiesSpurlock became an overnight sensation in the independent film world when "Super Size Me" was released. "Super Size Me." AdvertisementHe followed "Super Size Me" with documentaries like "Where in the World Is Osama Bin Laden?" Toronto International Film FestivalAfter getting the rights back to "Super Size Me 2," Spurlock released the doc in 2019, and it would mark his final movie.

Persons: —, Morgan Spurlock, Oscar, Morgan, Craig Spurlock, Spurlock, McDonald's, Osama, Laden, he'd, I'm, Phyllis Spurlock, Iris, Craig, Carolyn, Barry, Alexandra Jamieson, Sara Bernstein Organizations: Service, Business, Warrior, CNN, YouTube Locations: Manhattan

☆ How FaceTime Calls With Mom Became a TV Hit
▼ + stars: | 2024-05-24 | by ( Jesus Jiménez | ) www.nytimes.com time to read: 1 min

At 87, Pat Seftel has a thought to share about almost everything. On Tinder: “If you want to meet somebody for a real relationship, that’s not the way to do it.”On artificial intelligence: “It could get out of control.”On climate change: “This is destroying our planet.”For more than 10 years, Ms. Seftel has shared those opinions, and others, on “CBS Sunday Morning,” appearing in semiregular segments that have become popular with viewers, who look forward to her life advice and seasoned perspective on the modern world. In the segments, Ms. Seftel usually appears from her home in Sarasota, Fla., in conversation via FaceTime with her son, Josh Seftel, a documentary film director who lives in Brooklyn. The two catch up briefly, and then he poses a question, such as how she felt about quarantine, which he asked during the height of the pandemic.

Persons: Pat Seftel, that’s, Seftel, Josh Seftel Organizations: CBS Locations: Sarasota , Fla, Brooklyn

☆ She was the first Black woman to fly in the US Air Force. Now this trailblazing pilot is getting ready for her final flight
▼ + stars: | 2024-05-23 | by ( Tamara Hardingham-Gill | ) edition.cnn.com time to read: +9 min

“To still impart that knowledge on young people, and particularly young black women, that they can do this.”Becoming a pilot was something Claiborne, originally from Virginia, could never have imagined for herself as a young girl. When asked about the transition to flying commercial planes, Claiborne stresses that “a pilot is a pilot.”“You’re in different type organizations, but you’re still a pilot,” she adds. So this is an opportunity for her to really enjoy herself.”Increasing diversityClaiborne is committed to increasing pilot diversity and will continue to mentor young women. It’s estimated that there are less than 150 Black women pilots in the US, and Claiborne feels a huge responsibility as one of them. While this may be the end of her commercial flying career, Claiborne isn’t necessarily saying “goodbye” to piloting forever, and would love to fly a World War II aircraft one day.

Persons: CNN — She’s, Theresa Claiborne, “ I’ve, ” Claiborne, Claiborne, “, ”, I’d, ” “, Caliborne, Ruth Bader Ginsburg, you’re, I’ve, Bessie Coleman, she’s, “ I’m, it’ll, they’d, Claiborne isn’t, ‘, ’ ” Organizations: CNN, Newark Liberty International, Air Force Reserve, Corps, US Air Force, California State University, KC, United Airlines, United, ”, US Bureau of Labor Statistics, It’s, Tuskegee Airmen Locations: New Jersey, Lisbon, Portugal, Virginia, Turkey, Sacramento, Claiborne, United States, Newark , New Jersey, Paris, Newark

This is the first part in a series exploring Baltimore’s overdose crisis. People in Baltimore have been dying of overdoses at a rate never before seen in a major American city. In the past six years, nearly 6,000 lives have been lost. The city set ambitious goals, distributed Narcan widely, experimented with ways to steer people into treatment and ratcheted up campaigns to alert the public. Many of those efforts to fight overdoses stalled, an examination by The New York Times and The Baltimore Banner has found.

Organizations: New York Times, Baltimore Locations: Baltimore, American, Appalachia, York

☆ Sand, Sea and Soul: These Architects Follow Nature
▼ + stars: | 2024-05-23 | by ( Craig Kellogg | Ashok Sinha | ) www.nytimes.com time to read: +5 min

Their firm, Stelle Lomont Rouhani Architects, quietly became known for a brand of beach modernism that sits lightly in nature, with million-dollar water views of sea grass and open skies. This East Hampton home overlooking the Three Mile Harbor is one of the creations by Stelle Lomont Rouhani Architects. This place to relax in solitude sits near one of the houses designed by Stelle Lomont Rouhani Architects. “Sometimes they got big,” said Mr. Stelle, 77, recalling one with 30,000 square feet. Ms. Rouhani, 54, said she developed the plan “to incorporate this idea of drama” casual enough for family life.

Persons: Fred Stelle, ”, Calvin Klein, Aerin Lauder, Michael Kors, Stelle, Viola Rouhani, Michael Lomont, Eleanor Donnelly, Stelle Lomont Rouhani, Shawn Henderson, Julie Hillman billow, Mr, Lomont, Lee Furness Jackman, “, Hugh Jackman, Furness Jackman, Stelle lopped, Rouhani, Donnelly, Ms, Christie Brinkley Organizations: Hamptons, Mr, Stelle Lomont Rouhani Architects, Eastern Seaboard, Federal Emergency Management Agency, Fleetwood, LaGuardia Design Group Locations: Manhattan, Bridgehampton, Hampton, Australian, East Hampton, Plasticine

☆ Sudden container crunch sends ocean freight rates soaring, setting off global trade alarm bells
▼ + stars: | 2024-05-23 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +8 min

AFP Contributor | AFP | Getty ImagesA perfect storm in global trade is creating a shipping container capacity crunch, fueling a sudden and surprise spike in ocean freight rates. Xeneta ocean freight rates show the rallying spot market and the widening spread between spot and long-term rates. An increase in ocean freight rejections shows the imbalance. Logistics price increases are ultimately passed onto the consumer and the dizzying freight rates during the pandemic were among factors cited by the Federal Reserve as a cause of inflation. The International Chamber of Shipping, which represents major ocean carriers, did not immediately respond to a request for comment.

Persons: Emily Stausbøll, Stausbøll, Goetz Alebrand, Alebrand, Judah Levine, Freightos, Levine, Wan Hai, HLS, Drewry, Jonathan Gold Organizations: AFP, Getty, U.S ., Xeneta, DHL, Shipping, Americas, DHL Global, CNBC, Federal Reserve, Orient Star Group, MSC, Chamber of Shipping, Honour, Carriers, Maritime Locations: Qingdao, Shandong province, AFP, Asia, U.S . West Coast, U.S, China, Malaysia, Singapore, Panama, Latin America, Europe, Chongqing, East Asia, South America, Africa, U.S . East Coast

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