Category: News | Opportunity Zones (page 2 of 15)

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Why the Electoral College has long been controversial | CNN

CNN | Why the Electoral College has long been controversial

Florida A&M students protest discrepancies in the results of the 2000 presidential election.

Florida A&M students protest discrepancies in the results of the 2000 presidential election.

 

 

 

(CNN) – The Electoral College will again determine who’ll become President this year, as it has for more than two centuries of confusion. And Americans will once again ask themselves how the system has outlived generations of controversies.

In five US presidential elections — including in 2016, when Donald Trump edged Hillary Clinton — the eventual winner has lost the popular vote but won the Electoral College.  —read more

Space is becoming too crowded, Rocket Lab CEO warns | CNN BUSINESS

CNN BUSINESS | Space is becoming too crowded, Rocket Lab CEO warns

New York (CNN) – In 1978, NASA scientist Donald Kessler warned of a potential catastrophic, cascading chain reaction in outer space. Today known as “Kessler Syndrome,” the theory posited that space above Earth could one day become so crowded, so polluted with both active satellites and the detritus of space explorations past, that it could render future space endeavors more difficult, if not impossible.

Last week, the CEO of Rocket Lab, a launch startup, said the company is already beginning to experience the effect of growing congestion in outer space.

Rocket Lab CEO Peter Beck said that the sheer number of objects in space right now — a number that is growing quickly thanks in part to SpaceX’s satellite internet constellation, Starlink — is making it more difficult to find a clear path for rockets to launch new satellites.  —read more

Citing abuse, Florida prosecutor stops pursuing most resisting arrest charges, sparking police concerns | CNN

CNN | Citing abuse, Florida prosecutor stops pursuing most resisting arrest charges, sparking police concerns

(CNN) – Weeks after Gov. Ron DeSantis proposed a crackdown on civil disobedience and protesters who target police, a Florida prosecutor has instructed her staff to stop pursuing resisting arrest charges in many cases.

Police have used resisting arrest charges to stifle protests and free speech, said State Attorney Aramis Ayala, whose jurisdiction covers almost 1.8 million people in Orange and Osceola counties.

She’s tangled with DeSantis and his predecessor before over her refusal to seek the death penalty. The state Supreme Court backed former Gov. Rick Scott’s decision to re-assign such trials. DeSantis may challenge her again, she suspects.  —read more

It’s the end of pen-and-paper — and DocuSign is cashing in | CNN BUSINESS

CNN BUSINESS | It’s the end of pen-and-paper — and DocuSign is cashing in

New York (CNN Business) – The pandemic has accelerated the demise of pen-and-paper signatures — transforming once-boring DocuSign into a $37 billion tech darling suddenly worth more than Ford Motor, eBay or Best Buy.

Just as Zoom (ZM) is cashing in on the need to meet virtually, DocuSign’s eSignature business is thriving because it makes it easy to do paperwork remotely. Shares have skyrocketed more than 170% this year.

Organizations that never imagined a world without physical signatures have been forced to embrace it. Paperwork now being done with DocuSign (DOCU) includes everything from safely enrolling Covid patients into clinical trials and filling out welfare paperwork in New York State, to remotely onboarding new hires and signing sensitive bank documents.  —read more

Footage of a Kansas City officer kneeling on the back of a pregnant Black woman sparks ongoing protest | CNN US

CNN US | Footage of a Kansas City officer kneeling on the back of a pregnant Black woman sparks ongoing protest

(CNN) – Protesters upset by social media videos of Kansas City police arresting a pregnant Black woman have now occupied the lawn in front of City Hall for more than five days.

The footage shows an officer kneeling on the back of a pregnant woman during an arrest after a gathering at a gas station. However, her lawyer disputes the police account of the events leading to her arrest.

The Kansas City Police Department said in a statement that police were called to the location on September 30 at 10:49 p.m. by a security officer at the gas station and convenience store who said there were “15-20 individuals fighting on the business’s property.”  —read more

Ferry transformed into a 450-ton floating mansion for Danish architect’s family | CNN style Architecture

CNN style Architecture | Ferry transformed into a 450-ton floating mansion for Danish architect’s family

In the latest issue of Architectural Digest (AD) Danish architect Bjarke Ingels recalled that while on a video conference in his family home — which just happens to be a 450-ton ferry docked in Copenhagen — the caller asked if he was on a spaceship.

“People had warned me that living on a houseboat was simultaneously the best and worst thing,” Ingels said in the interview, which appears in the November issue of the magazine. “When it’s great, it’s epically great.” ..–read more

Hotels offer free health care, doctors on demand and other Covid-19 safety amenities | CNN travel

CNN travel | Hotels offer free health care, doctors on demand and other Covid-19 safety amenities

(CNN) — What feels like a lifetime ago in the days before Covid-19, hotels lured travelers with amenities such as complimentary breakfasts, cocktail hours and yoga classes at the spa.

The world has changed quite a bit since then. Though people are beginning to tiptoe out from their Airbnbs and homes — away from stockpiled toilet paper, sourdough starter and new puppies — and even hop on planes, the travel industry recognizes the need to pivot.

Most properties are pledging best practices according to CDC and EPA guidelines such as frequent cleaning, air-filtration systems, contactless check-in and decreased capacity. Others are taking the opportunity to innovate, brainstorming new ways to make guests feel secure and relaxed, which range from luxe to odd.  —more

‘No more tears left:’ How wildfires are ravaging the West Coast cannabis industry | CNN BUSINESS

CNN BUSINESS | ‘No more tears left:’ How wildfires are ravaging the West Coast cannabis industry

San Francisco (CNN Business) – To an outsider’s eye, Canyon Cannabis might’ve appeared like a small-town, rinky-dink pot shop.

Housed in an unassuming building off a scenic highway, it was the lone dispensary in the 500-person city of Gates, Oregon.

Inside, though, visitors were greeted with an explosion of color and sound.  —read more

This startup is taking on big banks. And it’s working. | CNN BUSINESS

CNN BUSINESS | This startup is taking on big banks. And it’s working.

Chime CEO and co-founder Chris Britt.

New York (CNN Business) – The economic forces set off by the pandemic are crushing traditional banks. Yet Chime, a startup taking aim at big banks, is booming. And it doesn’t have a single bank branch.

Chime, which provides banking services via a smartphone app, has more than tripled its transaction volume and revenue in 2020. The company says it is signing up hundreds of thousands of new customers each month, and some of them are ditching big banks for Chime.

And while big banks such as Wells Fargo (WFC) and Bank of America (BAC) have lost tens of billions of dollars in market value during the pandemic, Chime’s price tag is going parabolic.
more

Goldman Sachs: A Democratic sweep would mean faster economic recovery | CNN BUSINESS

CNN BUSINESS | Goldman Sachs: A Democratic sweep would mean faster economic recovery

New York (CNN Business) – President Donald Trump is once again warning voters that Democrats would “shut our economy and jobs down” if they win in November.

Goldman Sachs is telling its clients the exact opposite.

Just hours after Trump’s all-caps Monday morning tweet predicting economic disaster, Goldman economists pointed out that polls “suggest a ‘blue wave’ in which Democrats gain unified control of Washington is becoming more likely” — and they’re not suggesting investors dump stocks.

In fact, “all else equal, such a blue wave would likely prompt us to upgrade our forecasts,” Goldman Sachs chief economist Jan Hatzius wrote in a Monday report.  —more

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