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Rescue helicopters flying over the passenger ship Sewol as it sinks in waters off South Korea s southwestern coast on April 16, 2014Yonhap鈥擡PABy Charlie CampbellMay 2, 2014 5:18 AM EDTThe Sewol ferry was dangerously overweight when it sank, according to reports appearing in South Korean media, as the official death toll from the disaster rose to 226 with 76 still missing.Investi
stanley cup gators looking into what caused the 6,825-ton vessel to capsize on April 16 have revealed that operators reduced its ballast water mdash; vital to maintain stability mdash; to make room for three times more cargo as usual, citing testimony from a first mate on the ship.The Korea JoongAng Daily quoted a prosecutor on the investigation team as saying: [The crewman] said that he asked the division head to stop loading cargo because the ship might sink because of its weight. It appears that such a practice was not uncommon.Despite a maximum cargo limit of 987 tons, the ship was allegedly hauling 3,608 tons when it capsized off the countryrsquo southwestern coast. Prosecutors have detained the captain and 14 other crew members who deserted the sinking ship, and also raided the offices of owners Chonghaejin Marine and the homes of key executives.The investigation is also looking into modifications that increas
stanley cup ed the number of
stanley cup cabins on the third, fourth and fifth decks between October 2012 and February 2013. There are also unconfirmed reports that extra heavy machinery was added to the shi Acea Irish Send Money to Native American Community Hit By COVID-19, Returning Historic Favor
Illustration by Alex Eben Meyer for TIMEBy Paul J. LimJune 15, 2017 6:14 AM EDTDespite a mid-June swoon, technology stocks are
nike dunk off to the races again. And many investors believe that 15 years after the tech wreck that ended in 2002, things really are different this time. They may well be.For one thing, today tech companies do have earnings and sales, says Pankaj Patel, head of quantitative research at Cirrus Rese
af1 arch. We ;re not just valuing businesses on eyeballs.That true.And yet 8230; investors did recently make Tesla, a profitless Silicon Valley company, the most valuable automaker in the country, surpassing the $52 billion market cap of General Motors.O.K., but stocks haven ;t soared to ridiculous heights as they did in the late 1990s.This is true too. Following a pullback after Apple shares were downgraded, tech stocks have returned about 17% a year for the past five yearswell shy of the 50% annualized gains they posted in the late 1990s.And yet 8230; the four sexiest names in the sectorFacebook, Amazon, Netflix and Google now Alphabet , known as the FANG stockshave soared 1,200% on average during this bull market. And those four stocks plus Apple and Microsoft are now collectively valued at more than the gross domestic product of the United Kingdom.Nevertheless, we ;re not seeing anywhere near the froth that we ;ve had in bubbles past, says Ke
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