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Baltimore bridge collapse will impact supply chains across U.S.

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The bustling city of Baltimore was rocked by a catastrophic event as a massive cargo ship collided with the Francis Scott Key Bridge, resulting in a dramatic bridge collapse.

  • A cargo ship collision causes a major bridge collapse in Baltimore, leading to cars and people falling into the river below.

  • Rescuers retrieve two survivors from the water, while search efforts continue for others.

  • Initial investigations suggest a power issue on the ship before impact, prompting the bridge closure and averting further casualties.

The collision, which occurred around 1:30 a.m., sent shockwaves through the city as vehicles and pedestrians plunged into the icy waters of the Patapsco River below.

Baltimore bridge collapse sends vehicles tumbling into water …

Rescue teams sprang into action, managing to retrieve two survivors from the water, while efforts to locate others remain ongoing.

Maryland Governor Wes Moore commended the swift actions of transportation officials in halting traffic on the bridge prior to the collapse, emphasizing their role in potentially saving lives.

Although investigations are still underway, initial reports suggest a power issue aboard the cargo ship before the collision occurred.

Baltimore bridge collapse sends vehicles tumbling into water | Reuters

Despite the magnitude of the disaster, authorities have found no evidence of foul play, with attention turning towards rescue and recovery efforts for the missing individuals.

READ MORE: Could California’s maritime emission compliance battle impact the global supply chain?

The collapse of the Francis Scott Key Bridge has not only brought traffic to a standstill but also cast a shadow over the bustling Port of Baltimore, one of the busiest ports on the U.S. East Coast.

Supply chain

With the port’s operations suspended until further notice, concerns loom over potential disruptions to the supply chain, impacting industries ranging from automotive to commodities like coal and sugar.

As rescue operations continue and investigations unfold, the city of Baltimore remains in a state of shock, grappling with the aftermath of this rare and devastating event.

Ahron Young is an award winning journalist who has covered major news events around the world. Ahron is the Managing Editor and Founder of TICKER NEWS.

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AI tracks enigmatic cancers back to origins in new study

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In a groundbreaking development, scientists have unveiled a remarkable AI tool that promises to revolutionise the detection and treatment of metastatic cancers.

These elusive cancers often evade detection until they have already spread to distant organs, posing a significant challenge for diagnosis and treatment. Published in Nature Medicine, the study showcases an AI model developed by researchers at Tianjin Medical University (TMU) in China, led by Tian Fei and Li Xiangchun. Trained on a vast dataset of 30,000 images from 21,000 individuals, the AI model demonstrated an unprecedented accuracy rate of 83% in identifying the origins of metastatic cancer cells found in fluid samples from abdominal or lung regions.

Impressively, the model’s top three predictions included the tumour’s source with a staggering 99% accuracy.

This breakthrough not only surpasses the capabilities of human pathologists but also offers a beacon of hope for the 300,000 people annually diagnosed with cancer at TMU-affiliated hospitals, where approximately 4,000 cases rely on such image-based diagnoses.

By significantly reducing the need for invasive tests and providing timely and accurate predictions, this AI tool could potentially extend the lives of late-stage cancer patients. Faisal Mahmood of Harvard Medical School praises the study’s findings, highlighting the potential of AI as an indispensable assistive tool in healthcare.

Looking ahead, the integration of AI with tissue samples and genomic data holds the promise of further enhancing outcomes for individuals battling metastatic cancers of unknown origins, ushering in a new era of precision medicine and personalised care.

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Surprising Netflix subscriber surge despite price hikes

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Netflix Surpasses Expectations with 9.33 Million New Subscribers in Q1 2024

Netflix stunned analysts and the industry alike with its first-quarter 2024 earnings report, revealing a remarkable surge of 9.33 million paid subscribers, soaring past the anticipated 3.93 million additions and bringing its total subscriber count to an impressive 269.60 million.

This surge follows a record-breaking fourth quarter of 2023, where Netflix added 13.1 million subscribers. Despite this remarkable growth streak, Netflix announced it would cease reporting quarterly subscriber totals from 2025 onward, signalling a significant shift in industry dynamics. Notable contributors to this growth included high-profile releases like the live-action adaptation of “Avatar: The Last Airbender” and “3 Body Problem” by the show-runners behind “Game of Thrones.”

Regionally, the U.S. and Canada saw a growth of 2.53 million paid subscribers, while Europe, the Middle East, and Africa added 2.92 million, Latin America saw an increase of 1.72 million, and the Asia-Pacific market experienced a rise of 2.16 million.

Alongside surpassing subscriber expectations, Netflix exceeded financial projections, reporting a 15% increase in revenue from Q1 2023, with diluted earnings per share of $5.28 on $9.37 billion in revenue.

Looking ahead, Netflix forecasts robust financial performance for Q2, with expectations of $9.49 billion in revenue and diluted EPS of $4.68, aiming for revenue growth of 13% to 15% for the full year 2024, reflecting a bullish outlook on its operational margin.

 

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Why are Americans moving abroad?

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Inflation and the rising cost of living in the United States is motivating Americans to consider moving to other countries.

Have you ever dreamed of working or retiring abroad?

Well, more and more Americans are discovering that their income can stretch much further in other countries, allowing them to save more, pay off debts, and even get ahead financially.

Kelli Maria Korduck a contributor with Business Insider joins Veronica Dudo to discuss why Americans are deciding that the only way to get ahead is to leave.

#IN AMERICA TODAY #featured #livingabroad #movingabroad #inflation #travel

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