For much of last year, established automakers like General Motors and Ford Motor operated in a different reality from Tesla, the electric car company.
G.M. and Ford closed one factory after another — sometimes for months on end — because of a shortage of computer chips, leaving dealer lots bare and sending car prices zooming. Yet Tesla racked up record sales quarter after quarter and ended the year having sold nearly twice as many vehicles as it did in 2020 unhindered by an industrywide crisis.
Tesla’s ability to conjure up critical components has a greater significance than one year’s car sales. It suggests that the company, and possibly other young electric car businesses, could threaten the dominance of giants like Volkswagen and G.M. sooner and more forcefully than most industry executives and policymakers realize. That would help the effort to reduce the emissions that are causing climate change by displacing more gasoline-powered cars sooner. But it could hurt the millions of workers, thousands of suppliers and numerous local and national governments that rely on traditional auto production for jobs, business and tax revenue.
Tesla and its enigmatic chief executive, Elon Musk, have said little about how the carmaker ran circles around the rest of the auto industry. Now it’s becoming clear that the company simply had a superior command of technology and its own supply chain. Tesla appeared to better forecast demand than businesses that produce many more cars than it does. Other automakers were surprised by how quickly the car market recovered from a steep drop early in the pandemic and had simply not ordered enough chips and parts fast enough.
G.M. and Stellantis, the company formed from the merger of Fiat Chrysler and Peugeot, all sold fewer cars in 2021 than they did in 2020.
Tesla’s production and supply problems made it an industry laughingstock. Many of the manufacturing snafus stemmed from Mr. Musk’s insistence that the company make many parts itself.
Other car companies have realized that they need to do some of what Mr. Musk and Tesla have been doing all along and are in the process of taking control of their onboard computer systems.
Mercedes, for example, plans to use fewer specialized chips in coming models and more standardized semiconductors, and to write its own software, said Markus Schäfer, a member of the German carmaker’s management board who oversees procurement.
traced to the outbreak of Covid-19, which triggered an economic slowdown, mass layoffs and a halt to production. Here’s what happened next:
A reduction in shipping. With fewer goods being made and fewer people with paychecks to spend at the start of the pandemic, manufacturers and shipping companies assumed that demand would drop sharply. But that proved to be a mistake, as demand for some items would surge.
Demand for protective gear spiked. In early 2020, the entire planet suddenly needed surgical masks and gowns. Most of these goods were made in China. As Chinese factories ramped up production, cargo vessels began delivering gear around the globe.
Then, a shipping container shortage. Shipping containers piled up in many parts of the world after they were emptied. The result was a shortage of containers in the one country that needed them the most: China, where factories would begin pumping out goods in record volumes
Demand for durable goods increased. The pandemic shifted Americans’ spending from eating out and attending events to office furniture, electronics and kitchen appliances – mostly purchased online. The spending was also encouraged by government stimulus programs.
Strained supply chains. Factory goods swiftly overwhelmed U.S. ports. Swelling orders further outstripped the availability of shipping containers, and the cost of shipping a container from Shanghai to Los Angeles skyrocketed tenfold.
It also helps that Tesla is a much smaller company than Volkswagen and Toyota, which in a good year produce more than 10 million vehicles each. “It’s just a smaller supply chain to begin with,” said Mr. Melsert, who is now chief executive of American Battery Technology Company, a recycling and mining firm.
recall more than 475,000 cars for two separate defects. One could cause the rearview camera to fail, and the other could cause the front hood to open unexpectedly. And federal regulators are investigating the safety of Tesla’s Autopilot system, which can accelerate, brake and steer a car on its own.
“Tesla will continue to grow,” said Stephen Beck, managing partner at cg42, a management consulting firm in New York. “But they are facing more competition than they ever have, and the competition is getting stronger.”
The carmaker’s fundamental advantage, which allowed it to sail through the chip crisis, will remain, however. Tesla builds nothing but electric vehicles and is unencumbered by habits and procedures that have been rendered obsolete by new technology. “Tesla started from a clean sheet of paper,” Mr. Amsrud said.
CORAL GABLES, Fla.–(BUSINESS WIRE)–Titan Holdings (“Titan”), via its Renuity subsidiary, today announced the acquisition of Pacific Bath Company (“Pacific Bath”), a leading home improvement company offering walk-in bath, shower, and gutter products across the Pacific Northwest. The transaction bolsters the roster of Renuity’s portfolio of remodelers and marks yet another high-profile acquisition for Titan, the eighth overall since its 2019 launch. As 2021 closed, the home improvement innovator had grown its footprint to 21 states.
“Pacific Bath is an amazing business, growing faster than any other acquisition target we have looked at in 2021,” said Daniel Gluck, Titan CEO. “Expansion to the West Coast is not something I thought we would get to for another year or two, but when you can partner with a business as high quality as Pacific Bath, you jump at the opportunity. Roy, Todd and the team at Pacific Bath are amazing operators and will be welcome additions to our Renuity business. I know they will benefit from the technology, marketing, recruiting and analytics resources that the Titan umbrella provides.”
As an exclusive dealer for Kohler, Pacific Bath has spent the past five years executing 15,000-plus projects and earning high marks from its customers, who keep coming back. The transaction also includes Pacific Gutter, which provides gutter protection to consumers in Washington and Oregon. Renuity will help jumpstart the gutter business after a strong start in its first year.
“There is a lot to be excited about in this deal, but we are most excited about the opportunity to grow our business and utilize the suite of services provided by Titan and Renuity,” said Roy Bletko, Managing Partner of Pacific Bath. “Their organizational infrastructure should only serve to enhance everything we are doing here at Pacific Bath. I am happy that our customers and employees will continue to be well taken care of and that Titan will help us to expand our footprint over the coming years.”
Pacific Bath employs 280 professionals across their four key markets. That workforce will remain in their capacity and will now fall under the Renuity vertical of Titan’s business.
About Titan Holdings
Formerly “Titan Home Improvement,” Titan Holdings features two home-related verticals, including a portfolio of national home improvement operating divisions (“Renuity”) and a technology platform focused on building out a superior managed solution for the home services industry (“Bylt”). The holding company aims to leverage its portfolio of assets to revolutionize the end-to-end residential remodeling process. Titan Holdings is based in Coral Gables, Fla.
Renuity is a portfolio of national home improvement operating divisions owned by Titan Holdings and operating across the United States. These businesses include best-in-class organizations like FHIA Remodeling, Mad City Windows & Baths, Statewide Remodeling, Home Smart Industries, MaxHome, and Paradise Home Improvement. Collectively, these businesses have helped hundreds of thousands of homeowners get quality remodeling services and reliable installation at a competitive price.
About Pacific Bath Company
Pacific Bath Company is a home remodeler based in Portland, Ore. providing superior bath remodeling products and services since 2016. Pacific Bath operates in Washington, Oregon, Nevada and Arizona, and has served more than 20,000 customers. As a certified KOHLER walk-in bath provider, Pacific Bath uses the professional knowledge to transform your outdated bath into a relaxing oasis. The company’s goal is to foster an energetic and enthusiastic environment in which associates at all levels are encouraged to be responsive and act with a sense of accountability.
DALLAS–(BUSINESS WIRE)–Today, HousingWire announced the winners of its annual Women of Influence award honoring 100 women shaping and propelling the mortgage, real estate and fintech industries forward. This year marks the 11th year of this award being recognized, with nominations growing and becoming more competitive every year.
The Women of Influence are selected by HousingWire’s Selection Committee based on their professional achievements within their organizations, but contributions to the overall industry, community outreach, client impact and personal success also factor into the committee’s decision.
“Another way to describe our Women of Influence honorees this year would be the women who are making an impact, which is something we saw woven into each of these amazing award winners,” Brena Nath, HW+ managing editor, said. “Congratulations to these women who are cultivating a new path forward for the housing industry and reimagining a better, more collaborative future.”
Many of this year’s winners’ mentor other women in the industry. Others coordinate volunteer programs for their employees or serve on advisory boards that inform the industry. All making a huge difference in their communities. These women are instrumental in paving the way for other women to also succeed in the housing industry.
Gretchen Pearson, President/CEO of Berkshire Hathaway HomeServices Drysdale Properties has been recognized by HousingWire as a 2021 Woman of Influence. Pearson successfully led the entire network of Drysdales through the pandemic year when business was anything but usual. Through her leadership and perseverance, clients not only received the same level of service they’d come to rely on with Berkshire Hathaway HomeServices Drysdale Properties, but were introduced to a bevy of new technology and services designed to help them reach their real estate goals despite the challenges faced by the pandemic.
“The winners of the Women of Influence award are truly remarkable! The contribution of these incredibly accomplished leaders to our industry is hard to overstate,” HousingWire Editor in Chief Sarah Wheeler said. “We’re excited to honor them and shine a spotlight on their achievements.”
Pearson believes that at its core, real estate is about the relationships we build. She draws on her experience as an industry leader, a broker, a cancer survivor, a community activist, a wife, and a mother to inspire her employees and her agents; sharing her story openly and encouraging all to pursue their goals. As she says, “What matters most is that you are true to who you are.”
Since opening its doors in 2005, Drysdale Properties has grown by leaps and bounds. At present, the brokerage proudly supports 1,275+ agents in 46 offices, serving 24 counties across Northern California and Nevada. The list of accolades, awards, and recognitions for Pearson’s leadership and accomplishments is staggering and includes many “firsts” in the industry. A few recent accolades include:
Founder of the Drysdale Community Foundation
2020 QE Award Winner for Service Excellence for the fourth consecutive year
Swanepoel Power 200, recognized in the 200 Most Powerful and Influential Men and Women of Residential Real Estate Brokerage for 2021
Frequent speaker for WomenUP!, Inman Connect, and more
Led Drysdale Properties to be recognized in Berkshire Hathaway HomeServices Elite Circle. Drysdale Properties ranked 16 in our Global Network
Pearson has always had a strong commitment to giving back to the communities served. A significant part of that commitment is the Drysdale Community Foundation. In 2021 the foundation donated $68,000 to local organizations.
“It is with no surprise that Gretchen received this award,” says Joe Manning, Chief Marketing and Technology Officer. “If I had to describe Gretchen in one word, it would be wise. She has the experience of up and down markets and shifting technologies. She can see goal line way before others and cares about the future of it more than anyone I know.”
About HW Media
HW Media is the leading digital community for real estate, financial services and fintech professionals to engage, connect and gain knowledge. Founded in 2016 through the acquisition of HousingWire, HW Media is based in Dallas, TX with team members across the country. HW Media is owned by Riomar Capital.
HousingWire is the most influential source of news and information for the U.S. mortgage and housing markets. Built on a foundation of independent and original journalism, HousingWire reaches over 60,000 newsletter subscribers daily and over 1.0 million unique visitors each month. Our audience of mortgage, real estate and fintech professionals rely on us to Move Markets Forward. Visit www.housingwire.com or www.solutions.housingwire.com to learn more.
About Berkshire Hathaway HomeServices Drysdale Properties
Berkshire Hathaway HomeServices Drysdale Properties is Northern California’s and Nevada’s fastest-growing, fullservice and 100% woman-owned real estate brokerage specializing in residential, luxury, relocation, commercial and property management. It is the No. 16 brokerage in the Berkshire Hathaway HomeServices network; No. 69 for sales volume as ranked by REALTrends; and No. 67 in RISMedia’s Power Broker Top 500 Report. To learn more visit www.bhhsdrysdale.com
The lapse of the federal freeze is offset by other pro-tenant initiatives that are still in place. Many states and localities, including New York and California, have extended their own moratoriums, which should blunt some of the effect. In some places, judges, cognizant of the potential for a mass wave of displacement, have said they would slow-walk cases and make greater use of eviction diversion programs.
On Friday, several government agencies, including the Federal Housing Finance Agency, along with the Agriculture, Housing and Urban Development and Veterans Affairs Departments, announced that they would extend their eviction moratoriums until Sept. 30.
Nonetheless, there is the potential for a rush of eviction filings beginning next week — in addition to the more than 450,000 eviction cases already filed in courts in the largest cities and states since the pandemic began in March 2020.
An estimated 11 million adult renters are considered seriously delinquent on their rent payment, according to a survey by the Census Bureau, but no one knows how many renters are in danger of being evicted in the near future.
Bailey Bortolin, a tenants’ lawyer who works for the Nevada Coalition of Legal Service Providers, said the absence of the moratorium would lead many owners to dump their backlog of eviction cases into the courts next week, prompting many renters who received an eviction notice to simply vacate their apartments rather than fight it out.
“I think what we will see on Monday is a drastic increase in eviction notices going out to people, and the vast majority won’t go through the court process,” Ms. Bortolin said.
The moratorium had been set to expire on June 30, but the White House and C.D.C., under pressure from tenants groups, extended the freeze until July 31, in the hopes of using the time to accelerate the flow of rental assistance.
WASHINGTON — From California to Virginia, many states that faced devastating shortfalls in the depths of the pandemic recession now find themselves flush with tax revenues because of a rebounding economy and a soaring stock market. Lawmakers who worried about budget cuts are now proposing lucrative increases in school spending, tax cuts and direct payments to their residents.
That turnaround is partly the product of strong income tax receipts, particularly in states that heavily tax high earners and the wealthy, whose finances have fared well in the crisis. The unexpectedly rosy picture is raising pressure on President Biden to repurpose hundreds of billions of dollars of federal aid approved this year, in order to help fund a potential bipartisan infrastructure deal.
Last week, Senator Mitt Romney, Republican of Utah, suggested that Mr. Biden and Republican negotiators look to “some of the funding that’s been sent to states already under the last few bills” to help pay for that agreement. “They don’t know how to use it,” Mr. Romney said. “They could use that money to finance part of the infrastructure relating to roads and bridges and transit.”
Some economists and budget experts support that push, arguing that the money could be better spent elsewhere and that states’ spending plans could add to a risk of rapid inflation breaking out across the country. Other researchers and local budget officials say that the federal aid is rescuing harder-hit cities and states, like New York City and Hawaii, from a cascade of layoffs and spending cuts.
$1.9 trillion economic assistance package that Mr. Biden signed in March. They say the aid will help ensure that the economic rebound does not repeat the years of state and local budget cutting that followed the 2008 financial crisis, which slowed the recovery from recession and contributed to millions of Americans waiting years to reap its benefits.
“We still feel strongly that the state and local plan is critical to ensuring we have a strong insurance policy for the type of strong growth we want, the type of equitable recovery the country deserves,” Gene Sperling, a senior adviser to Mr. Biden who oversees fulfillment of the March assistance package, said in an interview, “and to coming back from the 1.3 million jobs lost at the state and local level.”
Even if the administration wanted to recoup or divert the funds, it is unlikely that it could repurpose the money or make significant changes to how it is used without congressional action.
The debate over the state and local funding comes as Mr. Biden navigates a critical week of negotiations with Republicans over infrastructure in search of a deal, and as he prepares to travel to Cleveland on Thursday to speak about the economy. How to pay for any new spending is a primary hurdle in the talks, with Mr. Biden pushing to raise taxes on corporations and Republicans preferring increased user fees like the gas tax.
Repurposing unspent funds could help advance an agreement, particularly given Republican opposition to bankrolling state aid in previous rescue packages. Democrats pushed hard to include lucrative financial assistance for states, cities and tribes in Mr. Biden’s rescue bill. Republicans fought those efforts, warning they would serve as a “bailout” to high-tax, high-spend liberal states. They also cited a series of projections from Wall Street firms and other analysts suggesting that many states’ revenues were faring better than officials had feared in the early months of the pandemic.
do not need more federal money. That is particularly true in states that do not rely primarily on the tourism or hospitality industries for tax revenues. Those with progressive tax systems that have caught surging revenues from investment income enjoyed by wealthy residents — like Silicon Valley moguls — are also faring well.
California officials expect a $15 billion surplus this fiscal year, after fearing a $54 billion shortfall. Virginia has seen nearly $2 billion in unanticipated revenues. As has Oregon, where economists recently upgraded the state’s revenue forecasts — moving it from projected deficits to surplus — in a report that surprised and delighted many lawmakers.
“It’s extremely surprising,” said Mark McMullen, the Oregon state economist.
“Obviously, when the shutdowns first set in and we saw these catastrophic employment losses, we treated them as a normal recession in our forecasts,” he said.
But surging income tax revenues and several rounds of federal assistance have now put the state “above our prepandemic forecasts,” Mr. McMullen added.
The strong revenue figures come as more federal relief money is just beginning to roll out the door. The Treasury Department began sending funds to states this month and has so far distributed more than $100 billion — about half of what is available to be disbursed immediately. Local governments are expected to receive the rest next year, although states still experiencing a sharp rise in unemployment will get a lump sum right away.
as a much lower risk than Mr. Summers does.
Other analysts warn that state budget situations could sour if the stock market dips sharply or economic growth fizzles. Many cities, like New York, have struggled with sluggish tax revenues and still are reliant on federal to help avoid further layoffs.
New York expects to receive more than $22 billion in Covid-19 federal aid, according to the nonpartisan Citizens Budget Commission. Despite the funds, the city is still anticipating budget gaps in the coming years, the result of declining revenues like property taxes.
In retrospect, said Lucy Dadayan, a senior research associate at the Tax Policy Center, the March law should have included “more targeted funding” for the states and cities that need it most.
$8.8 billion from the federal government. Ben Watkins, the director of the Florida Division of Bond Finance, said the state was using the relief money to invest in infrastructure and water quality projects and directing some of its surplus funds to hurricane preparedness.
He described the windfall as staggering.
“It’s a good problem to have,” Mr. Watkins said, “but that doesn’t mean that it’s not excessive.”
States have substantial leeway in how they use the money, though they are prohibited from using the funds to subsidize tax cuts. Several Republican-led states have sued the Treasury Department, arguing that the restriction infringes on state sovereignty.
The lawsuits do not appear to be slowing the delivery of the funds. Ohio failed to win an injunction blocking the restrictions from being enforced this month, and Missouri had its case thrown out of court after a federal judge said the state did not demonstrate that the law caused it harm.
$26 million corporate tax cut last week, and lawmakers have told The Omaha World-Herald that they believe that by keeping the federal funds in a separate account from the state’s general fund, they will be in compliance with the law.
Nicholas Fandos and Dana Goldstein contributed reporting.
A decade ago, after a rained-out Thanksgiving desert camping trip with our five kids, my wife, Kristin, and I headed to the nearest available lodging, the now-shuttered Hard Rock Casino in Las Vegas. Watching our brood eat their Thanksgiving meal as cigarette smoke and slot-machine clamor wafted over their cheeseburgers, Kristin and I locked eyes with an unspoken message: We are the world’s worst parents.
We have avoided Las Vegas with the kids since then, but an aborted drive to slushy Aspen this April with three of our heirs caused us to pause in Vegas. At the time, the city was just awakening from its Covid slumber, with mandatory masks and limited capacity in most indoor spaces, traffic so light that cars were drag-racing down the normally packed Strip, and a lingering, troubling question over the whole place: Will this reopening really be safe?
But extraordinary things have been happening during this slumber, and while we were only going to spend one night there, we had so much fun that we ended up staying four. At first we spent most of our time in the relative safety of the outdoors, but then we started to relax along with the rest of the city, drowning our hands beneath the ubiquitous liquid sanitizer dispensers, masking up and heading indoors.
I knew things had shifted in Sin City when, while maneuvering the minivan through some seemingly dicey neighborhood between Downtown and the Strip, I noted on the back alley wall of a hair salon a striking mural depicting the cult outsider artist Henry Darger’s seven Vivian Girl warriors in their trademark yellow dresses. What were the Vivian Girls doing here?
Makers & Finders — and wandered along Spring Mountain Road, the hub of the city’s Chinatown, rapidly expanding westward. In the midcentury mecca of East Fremont Street, a $350 million investment by the tech titan Tony Hsieh, who died last year, has produced a boulevard of fantastical art installations, restored buildings and a sculptural playground surrounded by stacked shipping containers converted to boutiques and cafes, all guarded by a giant, fire-spewing, steel praying mantis.
“Vegas is going through a cultural renaissance,” a former member of the city’s Arts Commission, Brian “Paco” Alvarez, told me in a recent telephone interview. “A lot of the local culture that comes out of a city with two million unusually creative people didn’t stop during the pandemic.”
Area15, which opened in February in a mysterious, airport-hanger-size, windowless building two miles west of the Strip. Imagine an urban Burning Man mall (indeed, many of the sculptures and installations came from the annual arts festival held in northern Nevada), with some dozen tenants providing everything from virtual reality trips to nonvirtual ax throwing, accompanied by Day-Glo color schemes, electronic music, giant interactive art installations and guests flying overhead on seats attached to ceiling rails. Face masks are currently only mandatory in Area15 for self-identified unvaccinated people, though some of the attractions within still require face masks for everyone. Everywhere, we encountered the constant presence of cleaning attendants spraying and wiping surfaces.
Blue Man Group, who was bringing his creative magic to Area15 in the form of a “Psychedelic Art House Meets Carnival Funhouse” called Wink World (adult tickets start at $18). Wink World is centered around six rooms with infinity mirror boxes reflecting Slinkys, plasma balls, fan spinners, Hoberman Spheres and ribbons dancing to an ethereal soundtrack of electronic music, rhythmic chanting and heavy breathing.
“I worked on these installations for six years in my living room in New York,” Mr. Wink told me. “I was trying to evoke psychedelic experiences without medicine.”
My unmedicated children were transfixed, as if these familiar toys frolicking into eternity were totems to their own personal nirvanas. I’ve never seen them stand so still in front of an art exhibit.
Omega Mart (adult admissions start at $45, face mask and temperature check mandatory), the biggest attraction in the complex, lines one side of the complex’s atrium and seemed — at first — to provide a banal respite from Area15’s sensory overload. Along the sale aisles I found Nut Free Salted Peanuts, Gut Monkey Ginger Ale and cans of Camels Implied Chicken Sop.
Meow Wolf (the name derived from pulling two random words from a hat during their first meeting), Omega Mart is an amalgamation of some 325 artists’ creations tied together by disparate overlapping story lines which one can follow — or not.
For a short time, I tracked the story of the takeover of Omega Mart’s corporate headquarters by a hilariously manipulative New Agey daughter, and then got sidelined into the tale of a teen herbalist leading a rebellion to something else. I have no idea what I experienced other than that Brian Eno composed the music to one of the installations. None of my kids could explain what they experienced either, other than something mind-expanding. If it wasn’t for dinner, we might still be in there.
Raku. Step behind an understated white backlit sign and you enter an aged wood interior of an intimate restaurant that you might find off a Kyoto alley. We slid into the family-style tables behind the main dining room and commenced to feast. There’s a $100 tasting menu if you are feeling adult, but my tribe ordered cream-like tofu with dried fish, foie gras skewers and a dozen other items.
Chinatown became our go-to-spot for snacks and boba tea between adventures. A favorite spot became Pho 90, a low-key Vietnamese cafe with outstanding noodle dishes and exquisitely layered banh mi sandwiches for picnics in the wild.
Red Rock Canyon, 17 miles west of the Strip, is like walking into a Road Runner cartoon with a Technicolor ballet of clashing tectonic formations. We grabbed our admittedly reluctant brood on a 2.4-mile, round-trip hike on the Keystone Thrust Trail through a series of gullies until we emerged above epic white limestone cliffs jutting through the ocher-colored mountains. Here we had our Vietnamese picnic overlooking the monolithic casinos in the distance.
Rail Explorers has set up rail bike tours on the abandoned tracks leading to the Hoover Dam construction site. We booked a sunset tour (from $85 to $150 for a tandem quad bike). After some quick instruction, we, along with three dozen other visitors, climbed into an 800-pound, four-person Korean-made bike rig and, giving the group ahead of us a three-minute head start for some space, started peddling.
Our route was along four miles of desert track gently sloping into a narrowing canyon pass. As we effortlessly peddled at 10 miles per hour, we noticed that the spikes holding down the railroad ties were often crooked or missing. “I bet these were all driven in by hand,” my teenage son, Cody, a history buff, noted.
In the enveloping dusk, we glimpsed shadows moving along the sagebrush: bighorn sheep, goats and other critters emerging for their nocturnal wanderings. But the most surreal sight was at the end of the ride, where a giant backlit sign for a truck stop casino appeared over a desert butte — Vegas was beckoning us back, but now we welcomed the summons. Here we were, peddling into the sunset, feeling more athletic, cool and (gasp!) enlightened than when we first rolled into Vegas four days ago. Oh what good parents we were!
“The moniker of ‘Sin City’ is totally wrong,” Mr. Alvarez told me, “if you know where to look.”
Early last year, as international lockdowns upended daily life, they took with them, one by one, many of the major cultural and sporting events that dot the calendar each year. The N.B.A. suspended its season, the French Open was postponed for several months and the Tokyo Olympics were delayed a year. The future of the Glastonbury Festival and the Coachella Valley Music and Arts Festival were in doubt. It was a bleak time.
Recently, as conditions in many places around the world have slowly begun to improve, and as countries have begun mass vaccination campaigns, some events and cultural staples have made plans to return, albeit with modifications. While few events, if any, have plans to go ahead free of restrictions this year, some are taking a hybrid approach. Others remain postponed or canceled.
Here’s the status of some of the major events around the world.
scheduled to begin on July 23 with an opening ceremony. The bulk of the athletic events will begin the next day. The first round of Wimbledon begins on June 28 and will run through mid-July. Officials said they were working toward a spectator capacity of at least 25 percent.
scheduled for Oct. 11, and the 50th New York City Marathon is set for Nov. 7.
The 105th Indianapolis 500 will go on as planned on May 30. Officials will allow about 135,000 spectators in — 40 percent of the venue’s capacity. The event was organized with state and local health officials and was approved by the Marion County Public Health Department, race officials said.
The French Open, one of the premier tennis competitions, has been postponed one week to a new start date of May 24. The decision was made in agreement with the authorities in France and the governing bodies of international tennis, said officials, who want the tournament played in front of the largest possible number of fans.
is canceled again this year.
it would not take place this summer.
The Essence Festival of Culture, which usually draws more than a half million people to New Orleans over the Fourth of July weekend every year, will host a hybrid experience this year over two weekends: June 25-27 and July 2-4.
Headliners like Billie Eilish, Post Malone and ASAP Rocky will take the stage at the Governors Ball Music Festival, which is scheduled for Sept. 24-26 at Citi Field in Queens. Organizers say the event will return to its typical June dates in 2022.
Burning Man, the annual countercultural arts event that typically draws tens of thousands of people to Black Rock Desert in Nevada, has been canceled again this year because of the pandemic. It will return in 2022, organizers said.
After being canceled last year, the Austin City Limits Music Festival, the event in the capital of Texas, is scheduled to return to Zilker Park on Oct. 1-3 and Oct. 8-10.
on Sept. 13. A second event is scheduled for May 2022.
NYC Pride 2021 will move forward in June with virtual and in-person events. The Pride March, which was canceled last year, will be virtual this time. (San Francisco Pride, also in June, is planning similar adjustments, while Atlanta Pride is planning to hold an in-person event in October.)
from Aug. 10. In order to keep concertgoers safe, organizers said events will not have intermissions and its venue will have a limited number of available seats. Similarly, the Salzburg Festival in Austria kicks off in mid July with modifications.
The Edinburgh International Festival, a showcase for world theater, dance and music in the Scottish city since 1947, will run Aug. 7-29. Performances will take place in temporary outdoor pavilions with covered stages and socially distanced seating.
E3, one of the video game industry’s most popular conventions where developers showcase the latest news and games, will be virtual this year from June 12-15.
The New York International Auto Show, which showcases the newest and latest automobiles from dozens of brands, will run Aug. 20-29. The event last year was postponed and eventually canceled because of the pandemic.
The Cannes Film Festival in the South of France, one of the movie industry’s most revered and celebrated events, has been postponed to July 6-17 from mid-May. The 2021 edition of the event, which was canceled last year, is currently scheduled to be in person.
After more than a year of no theater performances, Broadway shows will start selling tickets for full-capacity shows with some performances starting on Sept. 14. (Some West End shows will resume as early as May 17.)
After being virtual last year, New York Comic-Con will return with a physical event Oct. 7-10 at the Jacob K. Javits Convention Center in Manhattan. The convention will run at reduced capacity to ensure social distancing, organizers said. This year’s Comic-Con International event, which is normally held in July in San Diego, has been postponed until summer 2022. There are plans for a smaller event called Comic-Con Special Edition however, that will be held in person in November.
Yasmine Khalil, who recently stepped down as Cirque’s executive producer after 25 years at the company, said the group retained a sparkling global brand, while the pandemic offered the radically scaled-down organization the opportunity to reinvent itself.
But Ms. Khalil said the dusting-off of decades-old Las Vegas stalwarts underscored that in the era of lethal coronavirus variants and decimated profits, Cirque was not prepared to take creative or financial risks. Innovating is hard, she added, “when the primary goal is to break even and to focus on getting people to shows without them getting sick.”
“Would I go sit inside a theater with 2,000 people and wear a mask for two hours?” she asked. “Probably not.”
Originating in the 1980s as a troupe of Québécois stilt-walkers, fire breathers and other performers, Cirque du Soleil went on to reinvent the circus with jaw-dropping acrobatics, live music, flamboyant costumes and monumental, ifthinly plotted, spectacle. At its height in 2019, when Cirque had seven simultaneous shows in Las Vegas, it was drawing nearly 10,000 theatergoers nightly.
“Mystère” and “O” — scheduled to open June 28 and July 1, respectively — will operate at full capacity in theaters of 1,806 and 1,616 seats without social distancing and at prepandemic ticket prices, said Daniel Lamarre, Cirque du Soleil’s chief executive. Employees will be tested regularly, and vaccination, while voluntary, will be strongly encouraged. The aim is to open the remaining three other Las Vegas showsby the end of the year.
Under new rules by Clark County, where Las Vegas is, shows can proceed with no social distancing once 60 percent of the state’s eligible population has received at least one Covid-19 vaccine dose. Masks will be required. On May 6, Nevada reported that nearly 47 percent had received at least one shot.
Atop a long-dormant volcano in northern Nevada, workers are preparing to start blasting and digging out a giant pit that will serve as the first new large-scale lithium mine in the United States in more than a decade — a new domestic supply of an essential ingredient in electric car batteries and renewable energy.
The mine, constructed on leased federal lands, could help address the near total reliance by the United States on foreign sources of lithium.
But the project, known as Lithium Americas, has drawn protests from members of a Native American tribe, ranchers and environmental groups because it is expected to use billions of gallons of precious ground water, potentially contaminating some of it for 300 years, while leaving behind a giant mound of waste.
“Blowing up a mountain isn’t green, no matter how much marketing spin people put on it,” said Max Wilbert, who has been living in a tent on the proposed mine site while two lawsuits seeking to block the project wend their way through federal courts.
Electric cars and renewable energy may not be as green as they appear. Production of raw materials like lithium, cobalt and nickel that are essential to these technologies are often ruinous to land, water, wildlife and people.
That environmental toll has often been overlooked in part because there is a race underway among the United States, China, Europe and other major powers. Echoing past contests and wars over gold and oil, governments are fighting for supremacy over minerals that could help countries achieve economic and technological dominance for decades to come.
Developers and lawmakers see this Nevada project, given final approval in the last days of the Trump administration, as part of the opportunity for the United States to become a leader in producing some of these raw materials as President Biden moves aggressively to fight climate change. In addition to Nevada, businesses have proposed lithium production sites in California, Oregon, Tennessee, Arkansas and North Carolina.
But traditional mining is one of the dirtiest businesses out there. That reality is not lost on automakers and renewable-energy businesses.
“Our new clean-energy demands could be creating greater harm, even though its intention is to do good,” said Aimee Boulanger, executive director for the Initiative for Responsible Mining Assurance, a group that vets mines for companies like BMW and Ford Motor. “We can’t allow that to happen.”
assembled by Bloomberg, and a hint of the frenzy underway.
Some of those investors are backing alternatives including a plan to extract lithium from briny water beneath California’s largest lake, the Salton Sea, about 600 miles south of the Lithium Americas site.
At the Salton Sea, investors plan to use specially coated beads to extract lithium salt from the hot liquid pumped up from an aquifer more than 4,000 feet below the surface. The self-contained systems will be connected to geothermal power plants generating emission-free electricity. And in the process, they hope to generate the revenue needed to restore the lake, which has been fouled by toxic runoff from area farms for decades.
Businesses are also hoping to extract lithium from brine in Arkansas, Nevada, North Dakota and at least one more location in the United States.
The United States needs to quickly find new supplies of lithium as automakers ramp up manufacturing of electric vehicles. Lithium is used in electric car batteries because it is lightweight, can store lots of energy and can be repeatedly recharged. Analysts estimate that lithium demand is going to increase tenfold before the end of this decade as Tesla, Volkswagen, General Motors and other automakers introduce dozens of electric models. Other ingredients like cobalt are needed to keep the battery stable.
Even though the United States has some of the world’s largest reserves, the country today has only one large-scale lithium mine, Silver Peak in Nevada, which first opened in the 1960s and is producing just 5,000 tons a year — less than 2 percent of the world’s annual supply. Most of the raw lithium used domestically comes from Latin America or Australia, and most of it is processed and turned into battery cells in China and other Asian countries.
In March, she announced grants to increase production of crucial minerals. “This is a race to the future that America is going to win,” she said.
So far, the Biden administration has not moved to help push more environmentally friendly options — like lithium brine extraction, instead of open pit mines. The Interior Department declined to say whether it would shift its stand on the Lithium Americas permit, which it is defending in court.
Mining companies and related businesses want to accelerate domestic production of lithium and are pressing the administration and key lawmakers to insert a $10 billion grant program into Mr. Biden’s infrastructure bill, arguing that it is a matter of national security.
“Right now, if China decided to cut off the U.S. for a variety of reasons we’re in trouble,” said Ben Steinberg, an Obama administration official turned lobbyist. He was hired in January by Piedmont Lithium, which is working to build an open-pit mine in North Carolina and is one of several companies that have created a trade association for the industry.
Investors are rushing to get permits for new mines and begin production to secure contracts with battery companies and automakers.
Ultimately, federal and state officials will decide which of the two methods — traditional mining or brine extraction — is approved. Both could take hold. Much will depend on how successful environmentalists, tribes and local groups are in blocking projects.
Mr. Bartell’s biggest fear is that the mine will consume the water that keeps his cattle alive. The company has said the mine will consume 3,224 gallons per minute. That could cause the water table to drop on land Mr. Bartell owns by an estimated 12 feet, according to a Lithium Americas consultant.
While producing 66,000 tons a year of battery-grade lithium carbonate, the mine may cause groundwater contamination with metals including antimony and arsenic, according to federal documents.
The lithium will be extracted by mixing clay dug out from the mountainside with as much as 5,800 tons a day of sulfuric acid. This whole process will also create 354 million cubic yards of mining waste that will be loaded with discharge from the sulfuric acid treatment, and may contain modestly radioactive uranium, permit documents disclose.
A Decemberassessment by the Interior Department found that over its 41-year life, the mine would degrade nearly 5,000 acres of winter range used by pronghorn antelope and hurt the habitat of the sage grouse. It would probably also destroy a nesting area for a pair of golden eagles whose feathers are vital to the local tribe’s religious ceremonies.
a lawsuit to try to block the mine.
At the Fort McDermitt Indian Reservation, anger over the project has boiled over, even causing some fights between members as Lithium Americas has offered to hire tribal members in jobs that will pay an average annual wage of $62,675 — twice the county’s per capita income — but that will come with a big trade-off.
“Tell me, what water am I going to drink for 300 years?” Deland Hinkey, a member of the tribe, yelled as a federal official arrived at the reservation in March to brief tribal leaders on the mining plan. “Anybody, answer my question. After you contaminate my water, what I am going to drink for 300 years? You are lying!”
The reservation is nearly 50 miles from the mine site — and far beyond the area where groundwater may be contaminated — but tribe members fear the pollution could spread.
hiring a lobbying team that includes a former Trump White House aide, Jonathan Slemrod.
Lithium Americas, which estimates there is $3.9 billion worth of recoverable lithium at the site, hopes to start mining operations next year. Its largest shareholder is the Chinesecompany Ganfeng Lithium.
A Second Act
CalEnergy, and another business, Energy Source, have tapped the Buttes’ geothermal heat to produce electricity. The systems use naturally occurring underground steam. This same water is loaded with lithium.
Now, Berkshire Hathaway and two other companies — Controlled Thermal Resources and Materials Research — want to install equipment that will extract lithium after the water passes through the geothermal plants, in a process that will take only about two hours.
Rod Colwell, a burly Australian, has spent much of the last decade pitching investors and lawmakers on putting the brine to use. In February, a backhoe plowed dirt on a 7,000-acre site being developed by his company, Controlled Thermal Resources.
“This is the sweet spot,” Mr. Colwell said. “This is the most sustainable lithium in the world, made in America. Who would have thought it? We’ve got this massive opportunity.”
unemployment rate of nearly 16 percent.
“Our region is very rich in natural resources and mineral resources,” said Luis Olmedo, executive director of Comite Civico del Valle, which represents area farm workers. “However, they’re very poorly distributed. The population has not been afforded a seat at the table.”
The state has given millions in grants to lithium extraction companies, and the Legislature is considering requiring carmakers by 2035 to use California sources for some of the lithium in vehicles they sell in the state, the country’s largest electric-car market.
But even these projects have raised some questions.
Geothermal plants produce energy without emissions, but they can require tens of billions of gallons of water annually for cooling. And lithium extraction from brine dredges up minerals like iron and salt that need to be removed before the brine is injected back into the ground.
Similar extraction efforts at the Salton Sea have previously failed. In 2000, CalEnergy proposed spending $200 million to extract zinc and to help restore the Salton Sea. The company gave up on the effort in 2004.
opened demonstration projects using the brine extraction technology, with Standard Lithium tapping into a brine source already being extracted from the ground by an Arkansas chemical plant, meaning it did not need to take additional water from the ground.
“This green aspect is incredibly important,” said Robert Mintak, chief executive of Standard Lithium, who hopes the company will produce 21,000 tons a year of lithium in Arkansas within five years if it can raise $440 million in financing. “The Fred Flintstone approach is not the solution to the lithium challenge.”
Lilac Solutions, whose clients include Controlled Thermal Resources, is also working on direct lithium extraction in Nevada, North Dakota and at least one other U.S. location that it would not disclose. The company predicts that within five years, these projects could produce about 100,000 tons of lithium annually, or 20 times current domestic production.
Executives from companies like Lithium Americans question if these more innovative approaches can deliver all the lithium the world needs.
But automakers are keen to pursue approaches that have a much smaller impact on the environment.
“Indigenous tribes being pushed out or their water being poisoned or any of those types of issues, we just don’t want to be party to that,” said Sue Slaughter, Ford’s purchasing director for supply chain sustainability. “We really want to force the industries that we’re buying materials from to make sure that they’re doing it in a responsible way. As an industry, we are going to bebuying so much of these materials that we do have significant power to leverage that situation very strongly. And we intend to do that.”
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Two years ago, on a soggy January day at the University of Oregon, Peter Laufer, a journalism professor, picked up a copy of The New York Times and presented his students with a reporting challenge.
He read from a feature at the bottom of Page 2 that highlights an article from The Times’s archives each day. It covered the experience in early 1960 of a fourth grader in Roseburg, Ore., not far from the college. She had written to her congressman for the names of Russian schoolchildren with whom she and her classmates could be pen pals, but the State Department denied the request, fearing they would be influenced by Soviet propaganda. The headline on the article read: “U.S. Bars a Girl’s Plea for Russian Pen Pals.”
“Find that girl!” Mr. Laufer told the class, an exercise designed to teach his students the skill of locating a source and, possibly, a bigger story. He thought she might still be living nearby.
For nine students, that simple instruction turned into a journalism project, which included an on-the-ground reporting trip in Nevada, digging through F.B.I. files from the National Archives and meeting face to face with modern-day fourth graders in southern Russia. This year, they published their findings in a book, “Classroom 15: How the Hoover F.B.I. Censored the Dreams of Innocent Oregon Fourth Graders.”
“It is such a small story, but it resonates so much with the time that it was in,” said Julia Mueller, who worked as the project’s managing editor and wrote a chapter in the book.
Using public records and online databases, the students located the subject of the article, Janice Hall, now married and living near Las Vegas. Her name had been misspelled as “Janis” in the original article, which made it more difficult for the class to locate her.
In 1960, during a tense period of the Cold War, a time when both the United States and the Soviet Union saw every move by the other country as a tactic aimed at world domination, Ms. Hall never had the chance to correspond with Russian students. The reporters were determined to understand why.
They abandoned the syllabus, renamed the course Janice 101 and devoted the rest of the term to unpacking the story.
Each student took a slightly different angle. One examined the fear of communism that had gripped the United States. Another reporter, who was headed to Las Vegas for a spring break trip with her sorority, made a detour to meet Ms. Hall. Yet another interviewed the family of Ray McFetridge, the teacher who had conceived of the pen-pal project and who had died years earlier. Students even obtained the F.B.I. case files on the incident through a Freedom of Information Act request.
“Why wouldn’t you want people to be friends with people across borders?” asked Zack Demars, the lead reporter on the project, outlining the students’ central question.
“I think we discovered that it was because of the level of fear at the time,” he added.
Mr. Laufer, a former NBC News correspondent, thought that a reporter needed to go to Russia to meet with current pupils. He wanted his journalism students to explore what would happen if they tried to connect schoolchildren today.
“We decided that we were not going to leave this hanging,” Mr. Laufer said. “If they couldn’t do it in 1960, we were going to do it in 2020.”
The class decided to take letters written by fourth graders in Yoncalla, Ore., and deliver them to Russian students.
In December 2019, months after the course ended, Mr. Demars took a 13-hour train ride from Moscow to the southern Russian city of Rostov-on-Don, where Mr. Laufer had a contact who agreed to act as a guide.
Mr. Demars met with Russian fourth graders and gave them the letters from their American counterparts. They peppered him with questions: Did he have pets? Did he play sports? What did he think of Ariana Grande?
He also spoke with a group of high schoolers. They discussed American schools and movies and asked to follow him on Instagram. He thinks of these new followers as modern pen pals.
“I don’t talk to them all that often,” he said. “But we interact every now and then, and we have that level of human connection.”
Mr. Demars is now working as a reporter at a small local newspaper in Oregon. During the project, he learned the value of recording individual experiences, which can offer future generations insight into a particular era.
“When I’m out reporting, I’m looking for those things that are commonplace right now but deeply unique to the time period,” he said.
Ms. Hall, 70, said she was amazed to hear from the college students, who are about the age of her grandchildren.
She was also awed by the project, and particularly by Mr. Demars’s persistence: “He hooked up these two fourth grades,” she said, “which is exactly what we were trying to do.”