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Borenstein: Titan implosion provides tragic lesson in buyer beware

Published Mon, 25 Nov 2024 01:21:38 GMT

Caveat emptor. Let the buyer beware.Even if you’re a billionaire.As the world was gripped this week by the search for the Titan submersible, the tragic saga raised difficult questions about transparency and risk tolerance.“You know, at some point, safety just is pure waste,” Stockton Rush, the chief executive of deep-sea exploration company OceanGate Expeditions, told CBS. (Greg Gilbert/The Seattle Times via AP)We have heard two narratives. First, that the passengers understood they were taking risks climbing into a 22-foot vessel to dive 13,000 feet into the Atlantic Ocean. Second, that Stockton Rush, the chief executive of deep-sea exploration company OceanGate Expeditions, in a quest for technical advancement, played fast and loose with safety.Those two narratives are not mutually exclusive. To a certain extent, they are both true. For the story of the five deaths as the Titan imploded — just as some experts had feared and warned — isn’t just a lesson about risk....

Three teens arrested for car theft in San Mateo overnight Thursday

Published Mon, 25 Nov 2024 01:21:38 GMT

(KRON) -- Three teenagers were arrested overnight for stealing a car in San Mateo, according to the San Bruno Police Department. Officers with San Mateo PD located the vehicle that was stolen Thursday, police said.Officers attempted to stop the vehicle, but it fled. Officers pursued the vehicle to San Mateo where San Mateo PD assisted by successfully deploying spike strips. The vehicle was immobilized and stopped a short distance later. SF DA won’t charge suspect in Embarcadero Father’s Day shooting Three occupants fled the vehicle on foot but were apprehended a short while later. The suspects, a 13-year-old male from Daly City, a 14-year-old male from Colma, and a 13-year-old female from South San Francisco, were arrested."We'd like to extend a huge thank you to San Mateo PD Officers for assisting us with stopping the vehicle and apprehending the suspects," said San Bruno PD.A photo from San Bruno PD showed that the vehicle was a white Hyundai.

Speaker McCarthy supports expunging Trump’s impeachments over Ukraine and Jan. 6

Published Mon, 25 Nov 2024 01:21:38 GMT

WASHINGTON (AP) — House Speaker Kevin McCarthy said Friday he supports the idea of expunging the two impeachments of Donald Trump as hard-right Republican allies of the former president introduce a pair of proposals to declare it as though the historic charges never happened.McCarthy told reporters that he agrees with Reps. Marjorie Taylor Greene and Elise Stefanik who want to erase the charges against Trump from the former president’s impeachments of 2019 and 2021. “I think it is appropriate,” said McCarthy, the Republican from California. “Just as I thought before — that you should expunge it, because it never should have gone through.”Pressed on his views, McCarthy said he agreed with expunging both of Trump’s impeachments — the abuse of power charges in 2019 over pressing Ukraine’s president to dig up dirt on rival Joe Biden and the 2021 charge that Trump incited the Jan. 6, 2021 insurrection at the Capitol as Trump supporters tried to overturn Biden’s election.In both cas...

1st US charges against China-based companies accused of selling fentanyl chemicals filed

Published Mon, 25 Nov 2024 01:21:38 GMT

WASHINGTON (AP) — The Justice Department has for the first time charged China-based companies and employees with supplying chemicals needed to make fentanyl, a primary driver of an overdose crisis gripping the United States, top officials said Friday.The companies openly advertised the chemicals on social media platforms and shipped them surreptitiously to buyers, even adding molecules to evade testing, said Attorney General Merrick Garland.“We are targeting every step of the movement and manufacturing sale of fentanyl, from start to finish,” Garland said.Two of the eight people charged have been arrested in the Drug Enforcement Administration investigation into four companies, which also seized more than 200 kilograms of precursor chemicals needed to make fentanyl. The synthetic opioid is considered exponentially more addictive than heroin and is now the leading cause of death for Americans ages 18 to 49. They gave customers blueprints for making fentanyl and targeted advertising t...

Russian authorities launch criminal probe into Wagner Group’s owner over his threats to oust Russia’s defense minister

Published Mon, 25 Nov 2024 01:21:38 GMT

MOSCOW (AP) — Russian authorities launch criminal probe into Wagner Group’s owner over his threats to oust Russia’s defense minister.Source

How major US stock indexes fared Friday 6/23/2023

Published Mon, 25 Nov 2024 01:21:38 GMT

Another drop for stocks helped drag Wall Street to its first losing week in the last six. The S&P 500 closed 0.8% lower Friday, pulling back further from last week when it reached its highest level in more than a year. The Dow and the Nasdaq composite also fell. Stock markets abroad also fell after a preliminary report indicated Europe’s economy appears to be weaker than expected. The disappointing data added to this week’s hesitance in markets following more increases in interest rates by central banks around the world. Treasury yields sank as investors sought safer places for their money.On Friday:The S&P 500 fell 33.56 points, or 0.8%, to 4,348.33.The Dow Jones Industrial Average fell 219.28 points, or 0.6%, to 33,727.43.The Nasdaq composite fell 138.09 points, or 1% to 13,492.52.The Russell 2000 index of smaller companies fell 26.54 points, or 1.4%, to 1,821.63.For the week:The S&P 500 is down 61.26 points, or 1.4%.The Dow is down 571.69 points, or 1.7%.The Nasdaq is...

New suspect in 20th and Market Street shooting arrested

Published Mon, 25 Nov 2024 01:21:38 GMT

DENVER (KDVR) -- A third suspect was arrested in connection to a shooting that injured 10 people celebrating the Denver Nuggets' historic NBA Finals win.Denver Police Department had already arrested two suspects, Ricardo Vasquez and Raoul Jones, in connection with the shooting that happened on June 12. Video shows shooting during Nuggets celebration in LoDo Throughout the investigation, DPD said they identified Kenneth Blakely, 24, as an additional suspect.Blakely was arrested Friday and was being held for investigation of attempted first-degree murder, according to a press release from DPD.In an affidavit, a Denver police officer describes reviewing surveillance video that shows Vasquez involved in a fight with two people whose names have been redacted. After that, the officer said Blakely can be seen walking toward Vasquez and firing multiple shots at him. 10 people shot in LoDo after Denver Nuggets win NBA Finals "Based on the video, [the officer] reasonably believes that Bla...

Family found and reunited with boy wandering in Aurora

Published Mon, 25 Nov 2024 01:21:38 GMT

DENVER (KDVR) -- UPDATE (3:21 p.m.): The family of a boy wandering in Aurora has been located and they have been reunited, the Aurora Police Department tweeted. A child was found wandering in Aurora, and police asked for help in finding his guardians. Got expired tags? Prepare to pay during this enforcement campaign this weekend Police said he was found near the 26000 block of East First Place.They do not know information about the boy, including his name, and said "he appears to be non-verbal."In the meantime, the boy was being cared for at a local hospital while police searched for his parents or guardians. Police released a photo of the boy in hopes that someone will recognize him.

Former Miami Gardens Police officer accused of placing knee on woman’s neck found guilty of 1 battery charge and trespassing

Published Mon, 25 Nov 2024 01:21:38 GMT

A jury reached a verdict in the case of a former Miami Gardens Police officer who was accused of placing his knee on woman’s neck.After a two-day trial, 33-year-old Jordy Martel was found guilty of one count of battery with a taser and one count of tresspasing, Friday afternoon. He was found not guilty on three other charges of battery, which included his knee on the woman’s neck, and two counts of official misconduct. The case stemmed from a Jan. 14, 2020 takedown during a confrontation with a waitress over food inside Tootsie’s Cabaret.Martel worked an off-duty security job at the time.

Surfside survivor Gabe Nir recalls night of condo collapse, shares challenges in aftermath of tragedy

Published Mon, 25 Nov 2024 01:21:38 GMT

Survivors are understandably struggling two years after the Surfside condominium collapse. While one man escaped with his family, he says he is still haunted by the tragedy every day. The unthinkable June 24, 2021 collapse of Champlain Towers South is now marked by somber anniversaries, but for survivor Gabe Nir, the traumatic memories are something he lives with every day.“It still feels like yesterday,” he said. Nir, his teen sister Chani and his mother Sara escaped with nothing, except the most important thing: their lives.“I mean, our apartment was literally six feet below ground level. That’s what everyone told us. Like, ‘You guys, we’re very lucky,'” said Nir.But his anxiety, guilt and sadness cast a long shadow over the 27-year-old.“I mean, we feel fortunate to make it out, but I feel that I have that sorrow, that guilt of me making it out but not them, and I don’t want to have that feeling,” said Nir. “People ...