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Elon Musk abandoned plans for a four-mile tunnel at Ontario airport. Locals are picking it up

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Elon Musk abandoned plans for a four-mile tunnel at Ontario airport. Locals are picking it up

5 years in the past, tech mogul Elon Musk posited a method to curtail rush-hour site visitors in Southern California: Construct high-speed underground tunnels.

Amongst these plans, Musk’s civil engineering agency, the Boring Co., submitted an unsolicited proposal in 2019 to the San Bernardino County Transportation Authority for a tunnel that might whisk riders from the Rancho Cucamonga Metrolink station to Ontario Worldwide Airport in only a few minutes.

The proposed subterranean path would run in a single course and value lower than $100 million — a far cry from the greater than $1-billion price ticket for a surface-level connection system, in accordance with the county transportation company’s spokesperson, Tim Watkins.

It piqued the group’s curiosity, and its board of administrators backed the concept, voting in 2020 to pursue the mission.

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Since then, Musk and his firm have backed out of the mission, Watkins mentioned — however that isn’t stopping the transportation authority.

“That is nonetheless a viable mission, and we’re shifting ahead,” Watkins mentioned final week.

The plan, which can now function two tunnels stretching 4.2 miles for journey in each instructions, is estimated to value roughly $492 million and is anticipated take riders to their vacation spot in lower than 10 minutes, Watkins mentioned.

Three above-ground stations will likely be constructed — one on the Rancho Cucamonga practice station and two on the Ontario airport at Terminals 2 and 4. The San Bernardino County Transportation Authority plans to cowl practically half the fee and is seeking to shut financing gaps by grants and state and federal {dollars}. Service might begin as early as 2027, officers mentioned.

The company determined to tackle a “extra conventional course of for the environmental clearance” of the tunnel by having a 3rd get together assess potential impacts of the mission and asking the Boring Co. to submit one other proposal by the top of January 2022, Watkins mentioned. However that deadline got here and went and Musk’s firm didn’t reply, successfully making a “enterprise resolution to not proceed down that path,” he mentioned.

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This isn’t the primary time Musk has backed out of a tunnel mission. In 2018, he introduced plans to construct two tunnels in Los Angeles: one that might run beneath Sepulveda Boulevard on the Westside and one other between a Metro station on Vermont Avenue and Dodger Stadium. After two teams sued over town’s proposal to exempt the Sepulveda Boulevard tunnel from an environmental evaluate, Musk mentioned his firm was now not pursuing the mission. The Dodger Stadium tunnel additionally was quietly faraway from the Boring Co.’s web site.

Musk’s firm unveiled its first high-speed tunnel in 2018, a 1.14-mile route beneath Hawthorne that took about 18 months and $10 million to assemble. In 2019, the Boring Co. additionally inked a $48.7-million contract to construct an underground transit loop for the Las Vegas Conference Middle.

Watkins declined to touch upon the agency’s resolution in regards to the Ontario tunnel and referred additional inquiries to Musk and the Boring Co. Neither responded to repeated requests for remark.

However he mentioned the county applauds the “progressive pondering” from the Boring Co. to convey up new, progressive options to current challenges,” Watkins mentioned. “We are able to see there’s actual worth to a sub-surface connection. That is the fastest-growing airport within the nation, and never solely does [a tunnel] deal with the necessity for transit choices for a rising airport, however we wish to ensure we get forward of site visitors impacts for the communities that encompass the airport.”

Ontario Worldwide Airport CEO Atif Elkadi mentioned the tunnel is a artistic resolution to reinforce transportation connections to the airport.

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However the mission nonetheless has an extended method to go. The company has to safe at the very least $265 million from the state and $25 million in federal funding. An underground tunnel can also be an unprecedented feat in an space notorious for site visitors congestion. The mission’s design and constructing might take as much as three years earlier than it’s prepared for testing.

In April, the San Bernardino County Transportation Authority started acquiring environmental clearance and drafting a proper doc for the Ontario airport tunnel, a course of that sometimes takes round 18 months. The company is also conducting trade outreach and courting new corporations to assist with financing in addition to design and development. Outdoors firms will likely be required to submit their very own proposals for approval.

The Ontario airport is likely one of the fastest-growing within the nation. Passenger totals elevated practically 7% between April 2019 and April 2022, surpassing pre-pandemic ranges, in accordance with the county’s transportation company.

“On the upside for SBCTA, the Boring Co. has acted as such a disrupter available in the market that different firms are stepping up with progressive concepts and lowered pricing, they usually’re excited by these tasks they could not have been excited by earlier than,” San Bernardino County Supervisor Janice Rutherford mentioned. “We’re excited to see which might be resolution for our residents who wish to get to the airport.”

The company can also be reaching out to the general public for suggestions on the mission and to evaluate potential issues, together with how typically the service will run, compliance with the People with Disabilities Act, in addition to seismic and utility points.

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Response has been combined. San Bernardino resident Marven Norman criticized the plan at a current public discussion board, saying the mission is squandering alternatives to construct different stations alongside the road.

“On one hand, it’s thrilling to see that one thing is lastly shifting ahead. Alternatively, it’s disappointing to see that that is what’s shifting ahead,” he mentioned. “Just about all of those research recognized intermediate stations between the place the transit would go away the Metrolink line and get to the airport, and this one has none, although it goes previous the mall, an workplace, the sector, and so forth.

“It’s assembly the objective of going between the practice station and the airport and solely that, and within the course of, it’s leaving quite a lot of potential makes use of within the wayside,” he added.

Nonetheless, Bud Weisbart known as the mission “thrilling” and mentioned there’s a “large ‘wow’ issue.” However he did ask whether or not different measures had been studied.

The county’s transportation company is trying into self-driving electrical automobiles that will likely be sized to accommodate baggage, in addition to shuttles for the tunnels, but it surely has but to finalize particulars. It additionally hasn’t found out how briskly the autonomous automobiles will journey or how typically service will run. The group plans to convey on a crew to get service began round fall 2027, after which Omnitrans, which operates all buses in San Bernardino, will take over long-term operations.

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“It’s a cool mission,” Watkins mentioned. “We’re very enthusiastic about bringing one other progressive resolution to transportation and discovering new methods to handle outdated challenges.”

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Albania Gives Jared Kushner Hotel Project a Nod as Trump Returns

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Albania Gives Jared Kushner Hotel Project a Nod as Trump Returns

The government of Albania has given preliminary approval to a plan proposed by Jared Kushner, Donald J. Trump’s son-in-law, to build a $1.4 billion luxury hotel complex on a small abandoned military base off the coast of Albania.

The project is one of several involving Mr. Trump and his extended family that directly involve foreign government entities that will be moving ahead even while Mr. Trump will be in charge of foreign policy related to these same nations.

The approval by Albania’s Strategic Investment Committee — which is led by Prime Minister Edi Rama — gives Mr. Kushner and his business partners the right to move ahead with accelerated negotiations to build the luxury resort on a 111-acre section of the 2.2-square-mile island of Sazan that will be connected by ferry to the mainland.

Mr. Kushner and the Albanian government did not respond Wednesday to requests for comment. But when previously asked about this project, both have said that the evaluation is not being influenced by Mr. Kushner’s ties to Mr. Trump or any effort to try to seek favors from the U.S. government.

“The fact that such a renowned American entrepreneur shows his interest on investing in Albania makes us very proud and happy,” a spokesman for Mr. Rama said last year in a statement to The New York Times when asked about the projects.

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Mr. Kushner’s Affinity Partners, a private equity company backed with about $4.6 billion in money mostly from Saudi Arabia and other Middle East sovereign wealth funds, is pursuing the Albania project along with Asher Abehsera, a real-estate executive that Mr. Kushner has previously teamed up with to build projects in Brooklyn, N.Y.

The Albanian government, according to an official document recently posted online, will now work with their American partners to clear the proposed hotel site of any potential buried munitions and to examine any other environmental or legal concerns that need to be resolved before the project can move ahead.

The document, dated Dec. 30, notes that the government “has the right to revoke the decision,” depending on the final project negotiations.

Mr. Kushner’s firm has said the plan is to build a five-star “eco-resort community” on the island by turning a “former military base into a vibrant international destination for hospitality and wellness.”

Ivanka Trump, Mr. Trump’s daughter, has said she is helping with the project as well. “We will execute on it,” she said about the project, during a podcast last year.

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This project is just one of two major real-estate deals that Mr. Kushner is pursuing along with Mr. Abehsera that involve foreign governments.

Separately, the partnership received preliminary approval last year to build a luxury hotel complex in Belgrade, Serbia, in the former ministry of defense building, which has sat empty for decades after it was bombed by NATO in 1999 during a war there.

Serbia and Albania have foreign policy matters pending with the United States, as both countries seek continued U.S. support for their long-stalled efforts to join the European Union, and officials in Washington are trying to convince Serbia to tighten ties with the United States, instead of Russia.

Virginia Canter, who served as White House ethics lawyer during the Obama and Clinton administrations and also an ethics adviser to the International Monetary Fund, said even if there was no attempt to gain influence with Mr. Trump, any government deal involving his family creates that impression.

“It all looks like favoritism, like they are providing access to Kushner because they want to be on the good side of Trump,” Ms. Canter said, now with State Democracy Defenders Fund, a group that tracks federal government corruption and ethics issues.

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Craft supplies retailer Joann declares bankruptcy for the second time in a year

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Craft supplies retailer Joann declares bankruptcy for the second time in a year

The craft supplies and fabric retailer Joann filed for bankruptcy for the second time in less than a year, as the chain wrestles with declining sales and inventory shortages, the company said Wednesday.

The retailer emerged from a previous Chapter 11 bankruptcy process last April after eliminating $505 million in debt. Now, with $615 million in liabilities, the company will begin a court-supervised sale of its assets to repay creditors. The company owes an additional $133 million to its suppliers.

“We hope that this process enables us to find a path that would allow Joann to continue operating,” said interim Chief Executive Michael Prendergast in a statement. “The last several years have presented significant and lasting challenges in the retail environment, which, coupled with our current financial position and constrained inventory levels, forced us to take this step.”

Joann’s more than 800 stores and websites will remain open throughout the bankruptcy process, the company said, and employees will continue to receive pay and benefits. The Hudson, Ohio-based company was founded in 1943 and has stores in 49 states, including several in Southern California.

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According to court documents, Joann began receiving unpredictable and inconsistent deliveries of yarn and sewing items from its suppliers, making it difficult to keep its shelves stocked. Joann’s suppliers also discontinued certain items the retailer relied on.

Along with the “unanticipated inventory challenges,” Joann and other retailers face pressure from inflation-wary consumers and interest rates that were for a time the highest in decades. The crafts supplier has also been hindered by competition from others in the space, including Michael’s, Etsy and Hobby Lobby, said Retail Wire Chief Executive Dominick Miserandino.

“It did not necessarily learn to evolve like its nearby competitors,” Miserandino said of Joann. “Not many people have heard of Joann in the way they’ve heard of Michael’s.”

Joann is not the first retailer to continue to struggle after going through bankruptcy. The party supply chain Party City announced last month it would be shutting down operations, after filing for and emerging from Chapter 11 bankruptcy in 2023.

Over the last two years, more than 60 companies have filed for bankruptcy for a second or third time, Bloomberg reported, based on information from BankruptcyData. That’s the most over a comparable period since 2020, when the COVID-19 pandemic kept shoppers home.

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Discount chain Big Lots filed for bankruptcy last September, and the Container Store, a retailer offering storage and organization products, declared bankruptcy last month. Companies that rely heavily on brick-and-mortar locations are scrambling to keep up with online retailers and big-box chains. Fast-casual restaurants such as Red Lobster and Rubio’s Coastal Grill have also struggled.

High prices have prompted consumers to pull back on discretionary spending, while rising operating and labor costs put additional pressure on businesses, experts said. The U.S. annual inflation rate for 2024 was 2.9%, down from 3.4% in 2023. But inflation has been on the rise since September and remains above the Federal Reserve’s goal of 2%.

If a sale process for Joann is approved, Gordon Brothers Retail Partners would serve as the stalking-horse bidder and set the floor for the auction.

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U.S. Sues Southwest Airlines Over Chronic Delays

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U.S. Sues Southwest Airlines Over Chronic Delays

The federal government sued Southwest Airlines on Wednesday, accusing the airline of harming passengers who flew on two routes that were plagued by consistent delays in 2022.

In a lawsuit, the Transportation Department said it was seeking more than $2.1 million in civil penalties over the flights between airports in Chicago and Oakland, Calif., as well as Baltimore and Cleveland, that were chronically delayed over five months that year.

“Airlines have a legal obligation to ensure that their flight schedules provide travelers with realistic departure and arrival times,” the transportation secretary, Pete Buttigieg, said in a statement. “Today’s action sends a message to all airlines that the department is prepared to go to court in order to enforce passenger protections.”

Carriers are barred from operating unrealistic flight schedules, which the Transportation Department considers an unfair, deceptive and anticompetitive practice. A “chronically delayed” flight is defined as one that operates at least 10 times a month and is late by at least 30 minutes more than half the time.

In a statement, Southwest said it was “disappointed” that the department chose to sue over the flights that took place more than two years ago. The airline said it had operated 20 million flights since the Transportation Department enacted its policy against chronically delayed flights more than a decade ago, with no other violations.

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“Any claim that these two flights represent an unrealistic schedule is simply not credible when compared with our performance over the past 15 years,” Southwest said.

Last year, Southwest canceled fewer than 1 percent of its flights, but more than 22 percent arrived at least 15 minutes later than scheduled, according to Cirium, an aviation data provider. Delta Air Lines, United Airlines, Alaska Airlines and American Airlines all had fewer such delays.

The lawsuit was filed in the United States District Court for the Northern District of California. In it, the government said that a Southwest flight from Chicago to Oakland arrived late 19 out of 25 trips in April 2022, with delays averaging more than an hour. The consistent delays continued through August of that year, averaging an hour or more. On another flight, between Baltimore and Cleveland, average delay times reached as high as 96 minutes per month during the same period. In a statement, the department said that Southwest, rather than poor weather or air traffic control, was responsible for more than 90 percent of the delays.

“Holding out these chronically delayed flights disregarded consumers’ need to have reliable information about the real arrival time of a flight and harmed thousands of passengers traveling on these Southwest flights by causing disruptions to travel plans or other plans,” the department said in the lawsuit.

The government said Southwest had violated federal rules 58 times in August 2022 after four months of consistent delays. Each violation faces a civil penalty of up to $37,377, or more than $2.1 million in total, according to the lawsuit.

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The Transportation Department on Wednesday also said that it had penalized Frontier Airlines for chronically delayed flights, fining the airline $650,000. Half that amount was paid to the Treasury and the rest is slated to be forgiven if the airline has no more chronically delayed flights over the next three years.

This month, the department ordered JetBlue Airways to pay a $2 million fine for failing to address similarly delayed flights over a span of more than a year ending in November 2023, with half the money going to passengers affected by the delays.

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