Category: News | Opportunity Zones (page 1 of 42)

News | Opportunity Zones and Qualified Opportunity Funds

Remembering the most important civil rights hero most Americans have never heard of | CNN Opinion

CNN Opinion | Remembering the most important civil rights hero most Americans have never heard of

Bob Moses in 1964, speaking to civil rights workers during training for the Mississippi Project, an effort to register black voters.

(CNN) – Robert Parris Moses, who passed away this week at the age of 86, is the most important civil rights activist most Americans have never heard of. He died on what would have been the 80th birthday of Emmett Till, the Black boy lynched in 1955 whose open-casket funeral put the violence that defined Jim Crow Mississippi on national display.

Throughout his life, Moses shunned the limelight but, for a time during the first half of the 1960s, it came anyway. As the architect of Freedom Summer in 1964, Moses came to embody one of the Student Non-Violent Coordinating Committee’s (SNCC) most hopeful, enduring slogans: “Come, let us build a new world together.” Though historically Moses has not received the credit he deserved because he did not consciously seek the spotlight, the legacy of this giant was and is everywhere.  —read more

The Porsche dynasty is taking on Jeff Bezos and Elon Musk in space | CNN BUSINESS

CNN BUSINESS | The Porsche dynasty is taking on Jeff Bezos and Elon Musk in space

An impression of Isar Aerospace’s first generation “Spectrum” rocket traveling into the Earth’s orbit.

London (CNN Business) – Porsche SE, the family holding company that controls Volkswagen Group, is the latest big investor to bet on space’s crucial role in developing future technologies.

The company, controlled by the related Porsche and Piëch families that turned Volkswagen into a global powerhouse, on Wednesday unveiled an investment into Germany’s Isar Aerospace, a space startup attempting to rival Jeff Bezos’ Blue Origin and Elon Musk’s SpaceX with rocket production and satellite launch services.

While Blue Origin and SpaceX are backed by billionaires and already racing ahead with manned space missions, Isar Aerospace believes it can compete in the growing market for launching small satellites into Earth’s orbit. It’s planning its first test flight for next year.  —read more

Drinking a little each week protects your heart if you have a cardiovascular condition, study finds | CNN health

CNN health | Drinking a little each week protects your heart if you have a cardiovascular condition, study finds

(CNN) – If you are living with heart disease, having a small amount of alcohol each day is linked to a lower risk of having another heart attack, stroke, angina (heart pain because of constricted arteries) or an early death, according to a new large study.

“This is not the general population — the study applies to people who have already had something happen that relates to cardiovascular health,” said alcohol researcher Emmanuela Gakidou, who is senior director of organizational development and training at the Institute for Health Metrics and Evaluation at the University of Washington.

“And what they find is that if you continue to drink after you’ve had a cardiac event, it’s not that bad for you, as long as you keep consumption low,” said Gakidou, who was not involved with the study.  —read more

Apple, Google and Microsoft made $57 billion last quarter | CNN BUSINESS

CNN BUSINESS | Apple, Google and Microsoft made $57 billion last quarter

London (CNN Business) – A rapid shift to digitization due to Covid-19 has handsomely benefited the world’s biggest tech companies. Yet even as the pandemic eased, they still minted record sums of money.

What’s happening: Yesterday’s “Before the Bell” focused on how Tesla (TSLA) celebrated earning more than $1 billion last quarter. Amazon (AMZN), Google parent Alphabet (GOOGL) and Microsoft (MSFT) just announced that they netted a combined $57 billion in profit during the same period.

“That level of profitability at the current scale is difficult to comprehend,” Bespoke Investment Group said of Apple’s $21.7 billion haul in a note to clients.

Google, which earned $18.5 billion, continued to be fueled by massive demand for online advertising as consumers spent more time shopping on their phones and laptops.  —read more

A surprising tech company could be next to join the Dow | CNN BUSINESS

CNN BUSINESS | A surprising tech company could be next to join the Dow

New York (CNN Business) – Chip giant Nvidia is the ninth-most valuable company in the S&P 500. With a market capitalization of almost $500 billion, the company is now worth nearly as much as semiconductor rivals Intel, Advanced Micro Devices and Qualcomm — combined. Could Nvidia soon wind up listed on the venerable Dow, too?

There’s a strong case to be made for Nvidia (NVDA) joining the Dow Jones Industrial Average, the most famous of market barometers. In fact, one could argue that Nvidia might be a better fit than current chip king Intel (INTC) or stodgy tech giant IBM (IBM).

To be sure, the chip maker’s annual sales still pale in comparison to Intel or IBM, which are both expected to generate more than $70 billion in revenue this year. But Nvidia’s revenue forecast of about $25 billion for this fiscal year isn’t too shabby.  —read more

The FTC vows to ‘root out’ illegal repair restrictions on phones, fridges, tractors and more | CNN BUSINESS

CNN BUSINESS | The FTC vows to ‘root out’ illegal repair restrictions on phones, fridges, tractors and more

(CNN) – US regulators are vowing to make it easier for consumers and independent service shops to repair commercial products like smartphones without having to rely on those products’ manufacturers, effectively backing a principle known as “right to repair.”

On Wednesday, the Federal Trade Commission led by Chair Lina Khan voted unanimously to condemn restrictions imposed by manufacturers on products that make them more difficult to repair independently. The decision commits the FTC to investigating restrictions that may be illegal under both the nation’s antitrust laws as well as a key consumer protection law governing product warranties, the Magnuson-Moss Warranty Act.

In a statement, FTC Chair Lina Khan vowed to use the agency’s full range of tools to “root out” illegal repair restrictions.  —read more

WAF Awards 2021: World’s best new architecture revealed | CNN style Architecture

CNN style Architecture | WAF Awards 2021: World’s best new architecture revealed

Serving as a community center and observation deck, Nordic Office of Architecture’s Nanchang Waves, in the Chinese city of Nanchang, features a double helix-inspired design. Courtesy Nordic Office of Architecture

The World Architecture Festival (WAF) has unveiled its prestigious shortlist of the best new buildings and landscape designs from around the globe.

The 200-strong list spans commercial, residential and cultural projects, including the sweeping open-air Chinese Culture Exhibition Center in Lanzhou and a plan to preserve Abu Dhabi’s oldest building, the Qasr Al Hosn Fort. In the Chinese seaside city of Sanya, meanwhile, a verdant mangrove park has been restored after three decades of pollution and development.

But smaller, farther-flung endeavors were also recognized. In the remote Swiss Jura Mountains, a whimsical green-topped spiral rises out of the landscape, housing a new museum by luxury watchmaker Audemars Piguet. And off the coast of Iran, on Hormuz Island, a crop of colorful domed tourist residences aims to connect visitors to the local community.  –read more

Public health saved your life today — you just don’t know it | CNN Opinion

CNN Opinion | Public health saved your life today — you just don’t know it

Leana Wen

(CNN) – Before she was old enough to understand the US public health system, Leana Wen witnessed it fail. Growing up in the ’90s in Los Angeles after her family immigrated from China, many members of her community didn’t have the money or insurance to access health resources, and they ultimately succumbed to preventable diseases.

Could their lives have been saved by a system that valued every life equally?

As Wen details in her new book “Lifelines: A Doctor’s Journey in the Fight for Public Health,” it was this lingering question that inspired her career as both an emergency room physician with the power to treat patients regardless of their identity or ability to pay, and as a public health official with the power to reform policies that she had seen fail so many people.  —read more

‘There’s no way I can pay for this:’ One of America’s largest hospital chains has been suing thousands of patients during the pandemic | CNN INVESTIGATES

CNN INVESTIGATES | ‘There’s no way I can pay for this:’ One of America’s largest hospital chains has been suing thousands of patients during the pandemic

(CNN) – As the coronavirus spiked in Missouri last fall, a wave of cases hit a nursing home in the state’s rural heartland. Robin Bull, a part-time nurse, remembered an ambulance “coming and going constantly” on one especially scary morning, rushing residents to Moberly Regional Medical Center, the local hospital.

But even as Bull was helping send patients to Moberly Regional, the hospital was in the process of suing her and at least one other former employee at the nursing home. They were two of more than 600 former patients that the hospital has sued over medical bills during the coronavirus pandemic, according to a CNN analysis of court records.

Moberly Regional sued Bull last May for $9,281, costs that Bull said came from an emergency room visit for food poisoning several years ago. After a judge ruled in the hospital’s favor late last year, the company filed a motion to start garnishing part of her roughly $850-per-month salary.  —read more

Rarely-seen photos tell the story of America’s Black Civil War soldiers | CNN style Arts

CNN style Arts | Rarely-seen photos tell the story of America’s Black Civil War soldiers

A carte de visite of Lieutenant Peter Vogelsang, who served with the 54th Massachusetts Infantry Regiment. Collection of the Smithsonian National Museum of African American History and Culture

The emancipation of slaves is central to the story of the American Civil War. But as curator and photographic historian Deborah Willis discovered growing up in the 1950s and ’60s, the Black people who served in the conflict are often ignored by the history books.

As she would later learn, almost 180,000 Black soldiers fought for the North in the name of ending slavery. By the end of the war, a tenth of the Union Army was made up of free African American men.

“When Black soldiers were fighting for their emancipation, they were fighting for not only their own (freedom), but that of their families and other Black people,” Willis said in a video interview. “They felt the cause was necessary to fight.”  —read more

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