Jeff Bezos, the founder of Amazon, gave a talk to a members-only event at the Yale Club in New York on Tuesday. During the 30-minute lecture, Bezos said his private aerospace company, Blue Origin, would launch its first people into space aboard a New Shepard rocket in 2019. Bezos also questioned the capabilities of a space tourism competitor, Virgin Galactic, and criticised the goal of Elon Musk and SpaceX to settle Mars with humans. Ultimately, Bezos said he wants Blue Origin to enable a space-faring civilisation where “a Mark Zuckerberg of space” and “1,000 Mozarts and 1,000 Einsteins” can flourish. Bezos advised the crowd to hold a powerful, personal long-term vision, but to devote “the vast majority of your energy and attention” on shorter-term activities and those ranging up to 2- or 3-year timeframes. Jeff Bezos may be the richest human on Earth, as the founder of Amazon, but his ultimate dreams reside within a relatively obscure … [Read more...] about Jeff Bezos just gave a private talk in New York. From utopian space colonies to dissing Elon Musk’s Martian dream, here are the most notable things he said.
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SCHOHARIE, N.Y. (AP) — A limousine loaded with revelers bound for a 30th birthday celebration blew through a stop sign at the end of a highway and slammed into a parked SUV outside a store, killing all 18 people in the limo and two pedestrians in the deadliest U.S. transportation accident in nearly a decade, officials and victims' relatives said Sunday.The collision turned a relaxed Saturday afternoon into chaos at an upstate New York spot popular with tourists taking in the fall foliage. Relatives said the limousine was carrying four sisters and their friends to a birthday celebration for the youngest."They did the responsible thing getting a limo so they wouldn't have to drive anywhere," their aunt, Barbara Douglas, told reporters Sunday. She said three of the sisters were with their husbands and identified them as Amy and Axel Steenburg, Abigail and Adam Jackson, Mary and Rob Dyson and Allison King. 19 PHOTOS 20 killed after limousine crash in upstate New York See Gallery … [Read more...] about Four sisters and their spouses among 20 killed in upstate New York limo crash
By Mengqi Sun The Wall Street Journal Tues., Sept. 25, 2018 The New York City hotel market is bouncing back, as a growing U.S. economy and a wellspring of visitors have helped overcome years of construction that flooded the city with new hotels and pressured room rates. Hotels in the city are enjoying their highest occupancy rates since 2000 for the first eight months of the year, according to data provider STR. The market also has experienced the fastest growth in revenue per room since 2013. The lodging rebound is a welcome development for New York hotel owners, who have suffered through a construction boom—the biggest in a generation—that flooded the market with new properties and inhibited hoteliers’ ability to raise room rates. More than 22,500 hotel rooms were built in New York during the past five years, according to STR. Another 13,000 rooms are currently under construction, which is “the largest single under-constructions pipeline in … [Read more...] about New York hotel market roars back after drowning in too much supply
In 2014, the residents of Flint, Michigan, began noticing their tap water had a strange taste. City officials assured worried citizens that the water, which was now being drawn from the Flint River due to a money-saving initiative, was safe to drink. Then children began getting sick, blood tests showing they were far over the safe threshold for lead contamination. Yet even after officials knew that the lead was coming from the new water supply corroding the city’s lead pipes, officials were slow to react. The infamous crisis dragged on, with the city spending thousands of dollars a day on bottled water as recently as this year. The crisis had an unsurprising effect— people left the city. But this migration outwards wasn’t new. The Rust Belt city had already suffered through the regional post-industrial squeeze long before this latest crisis hit. General Motors once employed 85,000 people in Flint, but closures beginning in the 1980s fuelled an exodus. Flint’s … [Read more...] about The Cities Americans Are Abandoning
Over the last 11 months, violent crime in New York City reached a historic low, Mayor Bill de Blasio and his police commissioner William Bratton said Tuesday. The news continues the city’s ascent toward safety, an astounding recovery considering its murder rate peaked only 24 years ago in 1990. By the end of that decade, however, violent crime had dropped 56%. Many credit former mayor Rudy Giuliani and his “broken windows” theory for the turnaround. And he doesn’t really argue. Other factors, however, likely transformed the crime rate in New York City, including more hands-on police work. In fact, newer research shows broken windows may have done more harm than good. ‘Broken Windows’ Theory Giuliani has suggested time and again that his administration saved New York City. During the 2007 republican primary debate in Orlando, he even said he “brought down crime more than anyone in this country — maybe in the history of this country” … [Read more...] about How New York City Became Safe Again