Author: josh
A massive blast at a Tennessee explosives plant that killed 16 people, leveled the building and was felt more than 20 miles away began in an area where workers used kettles to produce a mixture of explosives and set off other explosives stored nearby, authorities said Friday.Investigators still haven’t been able to identify the remains of two of the people killed in the Oct. 10 explosion at the Accurate Energetic Systems factory in Bucksnort, an unincorporated community about 60 miles (97 kilometers) southwest of Nashville, officials said at a news conference.The delicate investigation at the site of the plant has concluded, but…
When I was an aerospace engineer working on the NASA Space Shuttle Program, trust was mission-critical. Every bolt, every line of code, every system had to be validated and tested carefully, or the shuttle would never leave the launchpad. After their missions, astronauts would walk through the office and thank the thousands of engineers for getting them back home safely to their families—that’s how deeply ingrained trust and safety were in our systems. Despite the “move fast and break things” rhetoric, tech should be no different. New technologies need to build trust before they can accelerate growth. By 2027, about…
Francis Suarez is proud that an adopted Miamian, FIFA chief Gianni Infantino, will be speaking at the upcoming America Business Forum—as will Infantino’s new chum, President Donald Trump. Suarez, who briefly ran a Republican presidential campaign in 2023, hailed Trump in comments to Fortune, calling the president “one of the most consequential political and business leaders of our time,” adding that his perspective on leadership, global business, and America’s role in the world “will be a defining part of this year’s Forum. We are honored to welcome him to Miami.” Suarez also told Fortune that he’s proud Miami is hosting…
For decades, telecommunications companies have been the quiet power behind the world’s digital transformation. They connect billions, fuel global commerce, and enable nearly every modern convenience. Yet despite that foundational role, telcos have often struggled to capture the consumer imagination or command the kind of loyalty enjoyed by tech and social media brands built on top of their networks. Today, two converging forces can change the equation: the rise of the creator economy and the rapid maturation of artificial intelligence. Together, they represent a once-in-a-generation opportunity for telcos to reinvent themselves not just as providers of connectivity, but as platforms for community and innovation. The Loyalty Challenge Telecom…
The Giving Pledge was designed to hold the world’s richest people accountable for donating at least half their fortunes in their lifetimes or wills–but so far, only John and Laura Arnold have actually done it. From well-known Wall Street energy trader to philanthropist, John Arnold began his career trading natural gas at Enron and later ran a hedge fund, Centaurus Partners. By 2012, he had retired and fully pivoted to philanthropy at 38 years old. The Arnolds have donated over $2 billion to date, and more than $204 million in 2024, according to Forbes. Currently, their net worth is around…
An employee allegedly stole 47 vehicles from an Avis Budget site at an upstate New York airport and rented them out around the region, police said Friday. The car rental company reported to authorities that the vehicles, worth more than $1 million, were stolen from its location at Syracuse Hancock International Airport between June and August. An investigation by airport police found that a 31-year-old Avis Budget employee led the theft scheme, which involved renting out the purloined vehicles at other locations around Onondaga County, authorities said. Police declined to release details of how the vehicles were stolen. Police are…
One or more intruders broke into an Iowa mink farm and released 2,000 of the furbearing animals in what a trade group called a “terrorist act” under federal law. Sometime between Monday night and Tuesday morning, fencing was cut and pens and nest boxes were destroyed to release the mink, which are raised for their pelts, Fur Commission USA said. The farm is near Woodbine, Iowa, about 100 miles (161 kilometers) west of Des Moines. Just over 60% of the mink had been recovered by Friday morning, though time is running out to find them all before they succumb to…
The stunning indictment that led to the arrest of more than 30 people, including Miami Heat guard Terry Rozier and other NBA figures, on charges of illegal sports betting has drawn new scrutiny of the booming business of professional sports gambling across the U.S. Since widespread legalization, the multibillion-dollar industry has made it easy to place wagers on everything from the outcome of games to that of a single play with just a few taps of a cellphone. It’s just about impossible to go to a basketball, football, baseball or other pro game today — or watch a matchup on TV — without…
Zohran Mamdani, the Democratic nominee for New York City mayor, pledged Friday to further embrace his Muslim identity in response to growing attacks by former Gov. Andrew Cuomo and his surrogates that he characterized as “racist and baseless.” Encircled by faith leaders outside a Bronx mosque, Mamdani spoke in emotional terms about the “indignities” long faced by the city’s Muslim population, choking back tears as he described his aunt’s decision not to ride the subway after the Sept. 11 attacks because she didn’t feel safe being seen in a religious head covering. He recounted how, when he first entered politics, an uncle…
Argentina’s peso continues to sell off despite a U.S. rescue package, ahead of a key election that could trigger another steep bout of depreciation. On Friday, the currency slipped 0.4% against the U.S. dollar, which now trades at nearly 1,492 pesos. The exchange rate has already hit a record low and is below its level before the Trump administration announced a $20 billion currency swap agreement. While news of that lifeline briefly triggered a sharp rally earlier this month, the peso has since given up those gains and has tumbled by more than 40% against the greenback so far this…