Recession-Proof System Revealed!

This strategy is largely traded by hedge funds, but has been kept a secret from retail traders for decades. While hedge funds focus on helping the super-rich, it's our mission to help the rest. Now you can use their secrets to grow your own trading account!

By clicking the link above you will automatically opt-in to receive emails from ActivaTrade

Cranes arriving to start removing wreckage from deadly Baltimore bridge collapse

LEA SKENE and BRIAN WITTE
March 29, 2024

BALTIMORE (AP) -- The largest crane on the Eastern Seaboard was being transported to Baltimore so crews can begin removing the wreckage of a collapsed highway bridge that has halted a search for four workers still missing days after the disaster and blocked the city's vital port from operating.

Maryland Gov. Wes Moore said the crane, which was arriving by barge and can lift up to 1,000 tons, will be one of at least two used to clear the channel of the twisted metal and concrete remains of the Francis Scott Key Bridge, and the cargo ship that hit it this week.

"The best minds in the world" are working on the plans for removal, Moore said. The U.S. Army Corps of Engineers for the Baltimore District told the governor that it and the Navy were mobilizing major resources from around the country at record speed to clear the channel.

"This is not just about Maryland," Moore said. "This is about the nation's economy. The port handles more cars and more farm equipment than any other port in America."

He warned of a long road to recovery but said he was grateful to the Biden administration for approving $60 million in immediate aid. President Joe Biden has said the federal government will pay the full cost of rebuilding the bridge.

"This work is not going to take hours. This work is not going to take days. This work is not going to take weeks," Moore said. "We have a very long road ahead of us."

Thirty-two members of the Army Corps of Engineers were surveying the scene of the collapse and 38 Navy contractors were working on the salvage operation, officials said Thursday.

The devastation left behind after the cargo ship lost power and struck a support pillar early Tuesday is extensive. Divers recovered the bodies of two men from a pickup truck in the Patapsco River near the bridge's middle span Wednesday, but officials said they have to start clearing the wreckage before anyone can reach the bodies of four other missing workers.

State police have said that based on sonar scans, the vehicles appear to be encased in a "superstructure" of concrete and other debris.

Federal and state officials have said the collision and collapse appeared to be an accident.

The victims, who were part of a construction crew fixing potholes on the bridge, were from Mexico, Guatemala, Honduras and El Salvador, Butler said. At least eight people initially went into the water when the ship struck the bridge column, and two of them were rescued Tuesday, officials said.

The crash caused the bridge to break and fall into the water within seconds. Authorities had just enough time to stop vehicle traffic, but didn't get a chance to alert the construction crew.

During the Baltimore Orioles' opening day game Thursday, Sgt. Paul Pastorek, Cpl. Jeremy Herbert and Officer Garry Kirts of the Maryland Transportation Authority were honored for their actions in halting bridge traffic and preventing further loss of life.

The three said in a statement that they were "proud to carry out our duties as officers of this state to save the lives that we could."

The cargo ship Dali, which is managed by Synergy Marine Group, was headed from Baltimore to Sri Lanka. It is owned by Grace Ocean Private Ltd. and was chartered by Danish shipping giant Maersk.

Synergy extended sympathies to the victims' families in a statement Thursday.

"We deeply regret this incident and the problems it has caused for the people of Baltimore and the region's economy that relies on this vitally important port," Synergy said, noting that it would continue to cooperate with investigators.

Of the 21 crew members on the ship, 20 are from India, Randhir Jaiswal, the nation's Foreign Ministry spokesperson, told reporters, saying one was slightly injured and needed stitches but "all are in good shape and good health."

Scott Cowan, president of the International Longshoremen's Association Local 333, said the union was scrambling to help its roughly 2,400 members whose jobs are at risk of drying up until shipping can resume in the Port of Baltimore.

"If there's no ships, there's no work," he said. "We're doing everything we can."

The huge vessel, nearly as long as the Eiffel Tower is tall, was carrying nearly 4,700 shipping containers, 56 of them with hazardous materials inside. Fourteen of those were destroyed, officials said. However industrial hygienists who evaluated the contents identified them as perfumes and soaps, the Key Bridge Joint Information Center said, and there was "no immediate threat to the environment."

About 21 gallons (80 liters) of oil from a bow thruster on the ship is believed to have caused a sheen in the waterway, Coast Guard Rear Adm. Shannon Gilreath said.

Booms were placed to prevent any spreading of oil, and state environmental officials were sampling the water and air.

At the moment there are containers hanging dangerously off the side of the ship, Gilreath said, adding, "We're trying to keep our first responders ... as safe as possible."

The sudden loss of a roadway that carried 30,000 vehicles a day and the port disruption will affect not only thousands of dockworkers and commuters but also U.S. consumers, who are likely to feel the impact of shipping delays.

The governors of New York and New Jersey offered to take on cargo shipments that have been disrupted, to try to minimize supply chain problems.

From 1960 to 2015, there were 35 major bridge collapses worldwide due to ship or barge collisions, according to the World Association for Waterborne Transport Infrastructure.

___

Witte reported from Annapolis, Maryland. Associated Press writers Sarah Brumfield in Washington, Krutika Pathi in New Delhi, and Lisa Baumann in Bellingham, Washington, contributed.

Continue Reading...

Popular

Macy's names 2 independent directors as part of agreement with activist investor

NEW YORK (AP) — Macy's said Wednesday it has named two independent directors to its board that were pushed by activist investor Arkhouse Management, ending a proxy fight that aimed to replace most of the board and to acquire the iconic chain.

Warren Buffett Is Known For His Simple Lifestyle But Here Are 8 Lavish Things We Know He Owns

Warren Buffett, the billionaire, embraces a modest lifestyle and prefers stashing his cash in the bank. Despite standing among the world's wealthiest, the priciest items he owns could surprise everyone.

"America's No. 1 Retirement Stock" (Name Inside) - Ad

According to the former Goldman Sachs VP -- who wrote a best-selling book on retirement -- one single stock stands head-and-shoulders above all others. And it should be the cornerstone of your portfolio. Have you heard of it?

Elon Musk Gives One-Word Response To Joe Biden's Dig At Donald Trump At White House Correspondents' Dinner

Elon Musk reacted to President Joe Biden's recent comments at the White House correspondents' dinner with a one-word response that sparked some discussion on social media.

Delta Flight Returns To Atlanta After Takeoff: Boeing 757 'Yawing Aggressively'

Delta Air Lines flight from Atlanta to Ft. Lauderdale diverted back to Atlanta due to Boeing 757 yawing aggressively.

5 Wall Street Legends Just Bought This One Stock - Ad

"If you're not at the table, you're on the menu," says former Goldman Sachs VP, Dr. David Eifrig.

Courtroom Appearances By These Two Members Of Donald Trump's Family Could Help Him In Hush-Money Trial, Say Experts

As former President Donald Trump faces a hush-money trial, legal experts suggest that the presence of his wife, former First Lady Melania Trump, and daughter, Ivanka Trump, could significantly influence t

Defi Coin Triggers All "Buy" Signals and Could Break Out Soon - Ad

Some are calling this the most promising DeFi project since Ethereum itself. Here's the #1 DeFi Coin Set to Soar. While Bitcoin grabs headlines, this lesser known DeFi coin is quietly gearing up for a monster rally. Experts say now is the time to buy before it reaches escape velocity.

Elizabeth Warren Says Trump Had Only 2 Accomplishments As President: 'Huge Difference Between' Biden, Trump

Elizabeth Warren thinks Donald Trump only accomplished two things when he was president and neither is highlighted as a positive by the senator.

How Much Will Taylor Swift's Net Worth Grow With 'The Tortured Poets Department'?

How much will Taylor Swift's 'The Tortured Poets Department' boost her net worth? Get expert insights here

MUST SEE By May 1: Beware Biden's Trojan Horse - Ad

It could usher in the most radical transformation of our money we've ever seen in America's history... trigger a surprise election outcome in the coming months... and fundamentally alter the value of your savings forever. One 24-year market veteran warns that most Americans simply aren't prepared for what's coming on May 1.

Everything From Biden's Capital Gains Tax Proposal, Fed's Inflation Indicator To US Economy Growth And Goldman Sachs' Inflation Decline Prediction: Top Economic Updates This Week

This week's top stories include former Senator Heidi Heitkamp's skepticism about President Biden's proposed capital gains tax, the Fed's key inflation indicator hitting 2.8%, the U.S. economy's 1.6% growth in Q1, Goldman Sachs predicting a steady inflation decline, and Treasury yields reaching a 5-month high.

NY AG Letitia James Seeks To Void Trump's $175M Bond In Civil Fraud Case

The New York Attorney General Letitia James' office has moved to invalidate the $175 million bond secured by former President Donald Trump.

Next President (Not Trump. Not Biden.) - Ad

Do you want to see who I believe will be the next president of the U.S.A? It won't be Biden... And it won't be Trump.

Top 3 Financial Stocks That Are Ticking Portfolio Bombs

As of April 11, 2024, three stocks in the financial sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

An NPR editor who wrote a critical essay on the company has resigned after being suspended

NEW YORK (AP) — A National Public Radio editor who wrote an essay criticizing his employer for promoting liberal views resigned on Wednesday, a day after it was revealed that .

Small A.I. Firm Wins $2 Billion in Contracts for Breakthrough "Living Software" - Ad

Denver firm proves its possible to use AI to save the lives of soldiers in combat. England, Germany, Japan and Australia have all signed contracts within the past 18 months.

If O.J. Simpson's assets go to court, Goldman, Brown families could be first in line

LOS ANGELES (AP) — without having paid the lion’s share of the $33.5 million judgment a California civil jury awarded to the families of his ex-wife Nicole Brown Simpson and her friend .

Why Media Company Omnicom Shares Are Trading Higher Premarket Today

Omnicom Group reported 5.4% revenue growth, with organic growth of 4.0%. Adjusted EPS beat expectations.

Biden's Closed-Door AI Meeting - Ad

Things are moving so fast, President Biden just met with 8 of the top AI experts in the world to figure out how to regulate it. And this small-cap is at the center of this AI-biotech revolution.

Elon Musk Gets Fresh Challenge In His X Plans As Naval's Airchat App Begins Making Buzz

AngelList co-founder Naval Ravikant has launched a new social media app called Airchat, to take on Elon Musk's hate speech-inundated X.

Why Banks Could See a "Cash Frenzy" on May 1 - Ad

He called the Lehman Brothers collapse in 2008... the Bitcoin crash in 2018... and the inflation crisis of 2022. Now, he's warning that the 2023 banking crisis is not over yet. Instead, we could see a cash frenzy at banks as soon as March 11. Do NOT buy another stock until you see his newest presentation.

Latest Bitcoin Halving Could Cost Miners Billions Of Dollars In Revenue: Report

On Friday, the Bitcoin (CRYPTO: BTC) network underwent its fourth halving since 2012, a pivotal event that halved the mining reward — the amount of Bitcoin awarded

Has Jeff Bezos Found the Next Nvidia? - Ad

Wall Street legend has just uncovered one tiny Maryland company that could become the next Nvidia. Few in the media are talking about this story yet...but in the next 6 months that's all they'll talk about.

Netflix Stock Sized Up By 7 Analysts Post Q1 Results: 'Pivot From A High-Growth, Low-Profit Business To A Slow-Growth, High-Profit Business'

Streaming leader Netflix reported first quarter financial results that were higher than estimates. The company's outlook and decision to stop reporting subscriber figures are weighing on analysts.

Company that made millions of defective sleep apnea machines ordered to overhaul manufacturing

WASHINGTON (AP) — The company responsible for a will be barred from resuming production at U.S. facilities until it meets a number of safety requirements, under a announced Tuesday by federal officials.

Legendary Stockpicker: "Buy This A.I. Stock NOW" - Ad

His award-winning system pinpointed NVDA and META before both stocks doubled. Now it's flashing "BUY" on this under-the-radar A.I. stock.

Stocks Rally On Weaker PMI Data, Tech Earnings Optimism, Dollar Falls: What's Driving Markets Tuesday?

Stocks surged as weak economic data raised hopes for Fed rate cut. S&P 500 up 1.2%, Nasdaq 100 up 1.5%, Dow Jones up 0.6%. Spotify shares jump 17% on earnings.

Brazil again postpones visa requirements for US, Canada and Australia, this time until 2025

RIO DE JANEIRO (AP) — Brazil’s government has postponed until April 2025 for citizens of the U.S., Australia, and Canada that had been scheduled to end on Wednesday.

The Military Is Handing You This Win - On a Silver Platter - Ad

The Ukraine war isn't being won just by its soldiers, it's being won by software. This "living software" has been such a difference-maker, the U.S. Army just signed a $1 billion contract with the company.

Tesla Stock Surges Despite 'Ugly' Q1 Results: Here's Why

Tesla shares are on the rise, despite the company's disappointing Q1 results. The electric vehicle giant's stock surged after it announced plans to speed up the launch of new models.

Russian Government-Linked Hackers Stole Federal Email Correspondence With Microsoft: CISA

Russian government-linked hackers, identified as Midnight Blizzard, have stolen email correspondences from several U.S. federal agencies and Microsoft, marking a significant cybersecurity breach.

Bitcoin Gained 164% in 2023 but Crypto Millionaire Abandoned It for This - Ad

A certain crypto genius and millionaire has been praising Bitcoin since it was trading for $61. Even though it gained 164% last year, he's now recommending a different cryptocurrency. In fact, he's betting his own money on and buying it like crazy.

EU releases blocked funds of $6.7 billion to Poland as part of its post-pandemic recovery package

WARSAW, Poland (AP) — disbursed 6.3 billion euros (about $6.7 billion) to Poland as a part of the 27-nation bloc's post-pandemic recovery fund, the biggest single transfer ever to the country, a government minister said Monday.

Taiwan Bolsters 'Chip Diplomacy' With Canada And France Amid China Tensions

In a move to bolster its global standing, Taiwan has extended its 'chip diplomacy' to the Czech Republic, signing a tech pact with the U.S., Canada, France, and Germany in recent months.

The Sleeper Crypto of 2024? - Ad

One little-known coin is quietly gearing up for a potential breakout. Our analysts believe it could be the surprise crypto hit of 2024. Discover the name of this under-the-radar gem and our full analysis for just $3.

'The Street Wants and Needs Answers' From Elon Musk On Tesla Layoffs -- Dan Ives Demands 'Rationale For The Cost Cutting'

Elon Musk, CEO of Tesla, is being called upon to clarify the circumstances surrounding the recent layoffs at the company. The move comes in the wake of a challenging period for the electric vehicle giant, with investors seeking reassurances.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright trendadvisor.net
Privacy Policy | Terms of Service