CNN travel | Giant inflatable sails could make shipping greener
(CNN) — Sailing boats date back more than 5,000 years, when the ancient Egyptians floated up and down the Nile in wooden vessels powered by wind and oars. But when steam and diesel engines arrived and globalization increased the need for timely trade, the sails dropped.
Today, they are making a comeback as the shipping industry looks to decarbonize. But the new sails look nothing like those of the past. Tall, white and puffy, the giant inflatable sails designed by tire manufacturer Michelin more closely resemble the Michelin man — the company’s mascot — than a traditional cloth sail. Made from a flexible material that the company would not reveal, the sails can inflate or deflate at the push of a button. No crew is required to rig them, and they pivot automatically to catch the wind, equipped with sensors that measure the wind direction and speed. —read more—
CNN BUSINESS | The glitzy electric Mercedes EQS could be the most important Mercedes in decades
Half Moon Bay, California (CNN Business) – The all-electric Mercedes EQS may well be one of the most important cars in company’s history. And that’s saying a lot, because that’s a whole bunch of history.
Mercedes-Benz and its direct ancestor companies have been making internal combustion-powered automobiles longer than any company on Earth. Karl Benz applied for a patent on a gas-engined car in 1886, a decade before Henry Ford built his first car.
Throughout much of that history, Mercedes-Benz has remained a dominant maker of big luxury cars. Over the past few decades, if you wanted a nice, comfortable car for around a hundred thousand inflation-adjusted dollars, your handful of top choices would almost surely have included a Mercedes and maybe a few European competitors and maybe a Lexus. —read more—
CNN BUSINESS | See how Tesla’s ‘full self-driving’ mode works
(CNN) – Despite concerns from regulators, Tesla is rolling out its autonomous driving feature to some owners who can prove they are safe drivers. —watch—
CNN World | NASA’s Lucy mission is ready to launch and explore never-before-seen asteroids
(CNN) – The first NASA mission to fly by a total of eight ancient asteroids is ready for launch.
Weather conditions will be 90% favorable on the morning of October 16, when the Lucy mission is set to leave Cape Canaveral Space Force Station at 5:34 a.m. ET. If it doesn’t launch at that time, the window for liftoff remains open for 75 minutes.
Lucy will embark on a 12-year mission to explore Jupiter’s Trojan asteroid swarms, which have never been observed. The Trojan asteroids, which borrow their name from Greek mythology, orbit the sun in two swarms — one that’s ahead of Jupiter, the largest planet in our solar system, and a second one that lags behind it. —read more—
CNN health | Your children need life skills — this dad explains how to teach them
(CNN) – I taught my 12-year-old daughter to change a car battery at 8 p.m. in a grocery store parking lot.
It’s one of the many skills that I want her to know in case she ever finds herself stranded in a parking lot — just like her father at that very moment. I also wanted to get her familiar with a car engine, even though to me it mostly looks like metal spaghetti.
Parents know there is a whole host of life skills that our children need to learn, but my reasons date back to my childhood.
My father taught me how to do laundry, but no one talked about mental health — we covered up our issues with bro talk and the firm belief that real men don’t cry. —read more—
CNN BUSINESS | ‘Ghost towns’: Evergrande crisis shines a light on China’s millions of empty homes
Evergrande‘s unraveling is still commanding global attention, but its troubles are part of a much bigger problem.
For weeks, the ailing Chinese real estate conglomerate has made headlines as investors wait to see what will happen to its enormous mountain of debt. As the slow-moving crisis unfolds, analysts are pointing to a deeper underlying issue: China’s property market is cooling off after years of oversupply.
Chinese authorities finally weighed in on the Evergrande crisis on Friday. The People’s Bank of China said the company had mismanaged its business but risks to the financial system were “controllable.”
“In recent years, the company has failed to manage its business well and to operate in accordance with market changes,” Zou Lan, director of the financial market department at the Chinese central bank, said at a press briefing. “Instead, it blindly diversified and expanded, resulting in serious deterioration of its operating and financial indicators, which eventually led to risks.” —read more—
CNN style Arts | Second sale of Banksy’s shredded painting sets staggering new record at $25.4 million
The Banksy painting that partially self-destructed at auction three years ago has sold once more, for a staggering £18.5 million ($25.4 million).
The new auction for “Love is in the Bin” took place at Sotheby’s Contemporary Art evening sale in London on Thursday and became the artist’s record, topping the sale of “Game Changer” one year ago. That artwork, which depicted health care workers as superheroes, sold for £16.7 million ($23.1 million) to benefit UK hospitals. —read more—
CNN US | Federal grand jury investigating Kansas City cop who allegedly ‘exploited and terrorized’ Black residents for decades
(CNN) – Federal prosecutors in Kansas have launched a criminal grand jury investigation into a retired Kansas City police detective who is the subject of long-swirling allegations that he “exploited and terrorized” Black residents of the city’s north end for decades, CNN has learned.
Roger Golubski is accused of being “a dirty cop who used the power of his badge to exploit vulnerable black women, including black women who worked as prostitutes,” according to a 2019 civil complaint filed by a man exonerated of double murder charges investigated by Golubski. The veteran detective, who retired from the Kansas City, Kansas, police department in 2010 at the rank of captain, was also accused of being on the payroll of a local drug kingpin and of framing people for crimes they did not commit. —read more—
CNN BUSINESS | Stocks soar as America’s biggest banks are booming
New York (CNN Business) – Several of America’s largest financial firms reported strong earnings and revenue Thursday thanks to solid demand for loans, better credit quality and a boom in mergers and initial public offerings.
Morgan Stanley (MS), Citigroup (C), Bank of America (BAC) and even troubled Wells Fargo (WFC) posted healthy results that surpassed analysts’ expectations.
Shares of BofA were higher in early trading, while Morgan Stanley and Citi were flat. Wells Fargo’s stock fell. —read more—