Latest news with #Seaport
New Indian Express
5 days ago
- New Indian Express
Kanchi NGO trustee among five arrested for African ivory trade
CHENNAI: Chennai Customs (Seaport) on Saturday seized 1.5 kg of African elephant tusks (ivory) from a building in Irungattukkotai near Sriperumbudur and arrested five including the main trustee of an NGO in Kancheepuram district. According to sources, the Special Investigation and Intelligence Branch (SIIB) of Chennai Customs got secret information about some persons in Kanchipuram district involved in illicit trade of ivory, which is banned under the Wildlife Protection Act. Sources said the Customs received a tip-off that P Muthukumar was selling the ivory to a potential buyer on Saturday at a hideout. Based on information, the Customs sleuths landed at the spot and caught the persons red-handed. The other suspects have been identified as Mohammed Ismayil Mohammed, Shakil Ahmed, NA Azeefullah and Amarnath. They were allegedly the commission agents and middlemen involved in the trade. Muthukumar is a trustee of an NGO which offers courses on tailoring and skill development in the district. The ivory and the suspects were handed over to Tiruvallur District Forest Officer (DFO) who has registered a case a. This is the second ivory racket that Chennai Customs busted in the last two months. In April, a 67-year-old jeweller T Prabhakaran and his son P Diwakar (42) were arrested from KK Nagar for possession and trade of 25 kg of ivory.
CBS News
6 days ago
- Business
- CBS News
Boston business re-imagining home design with custom window and door design center
Sponsored by Marvin. When it comes to re-imagining home design, one place is customizing the homeowner experience unlike any other. Host Rachel Holt heads to Boston's Seaport to visit Marvin at 7 Tide, a one-of-a-kind window and door brand center offering the latest styles, technology and expertise to help optimize any project.
Yahoo
11-06-2025
- Business
- Yahoo
Why Oklo Stock Is Powering Higher Today
Oklo is a nuclear energy upstart developing small modular reactors. Seaport Research upgraded Oklo stock to buy from neutral. The company is still in the pre-revenue phase of its development, making it a more speculative investment. 10 stocks we like better than Oklo › Bouncing back from the 4.6% decline that they suffered during the first week of June, shares of Oklo (NYSE: OKLO) are off to an auspicious start this week. After learning of an analyst's positive outlook on the nuclear power upstart, investors clearly felt motivated to click the buy button on shares of the company developing small modular reactors. As of 3:17 p.m. ET, shares of Oklo are up 6.4%. Upgrading it to buy from neutral, Seaport Research assigned a $71 price target on Oklo stock, according to The Fly. Based on Oklo's closing price of $50.29 on Friday, Seaport's price target implies upside of more than 41%. Seaport's more bullish opinion on Oklo is predicated on the fact that the company is now eligible for awards from the Defense Innovation Unit's Advanced Nuclear Power for Installations program, an encouraging sign that the company is more likely to win necessary approvals from the Nuclear Regulatory Commission. Oklo is developing small modular reactors that represent cleaner and more efficient nuclear energy solutions than traditional nuclear power plants. While Seaport Research sees an ample amount of upside to Oklo stock, investors should remember that the company is still not generating revenue. Sure, the company's technology is intriguing, and the fact that OpenAI founder Sam Altman was at the helm of Oklo as CEO from July 2021 to May 2024 is encouraging, but there's still a significant amount of risk tied to the stock. At this point, therefore, only those with significant risk tolerances should weigh a position in Oklo stock, while those who are committed to nuclear energy exposure but looking to mitigate risk will want to consider a more established company. Before you buy stock in Oklo, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Oklo wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $669,517!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $868,615!* Now, it's worth noting Stock Advisor's total average return is 792% — a market-crushing outperformance compared to 173% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 9, 2025 Scott Levine has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Why Oklo Stock Is Powering Higher Today was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
CBS News
31-05-2025
- Business
- CBS News
Jewelry company that started as side hustle now has pop-up shop in Boston
A woman who got her start selling charm necklaces out of her apartment is now running a full-blown jewelry brand with a pop-up shop in one of Boston's hottest summer spots. At the Caviar Bar in Boston's Seaport, there isn't drinks. Instead, customers leave with a custom charm necklace or other piece of jewelry. Turned side hustle into career WBZ-TV first met Kelly Bozigian back in 2024, when she was working full-time while shipping out thousands of orders from her living room for her jewelry brand, Coastal Caviar. She's since left the corporate world behind to chase her passion full-time. "I made the leap and I'm so glad we did because now we're at the Current in Seaport and we have our first storefront!" said Bozigian. Her new coastal-themed pop-up shop is already making waves and is full of the shiny charms and beachy vibes her clients have come to love. And it's not just necklaces - customers can make custom bag charms too. Massive reach on social media Bozigian bases her success on the massive reach she's had on social media, with many of her customers finding her through TikTok. "TikTok has been massive for us," said Bozigian. "That's how we got our start. Week two, our business took off overnight and we had close to 500 orders to fulfill." Bozigian is already dreaming up new ideas too. "We're thinking about accessories and how we can tie in that thread of personalization to stay true to the brand but also expand into other areas," said Bozigian. Caviar Bar is open through the end of the summer at the Current in the Seaport. Bozigian said she's potentially looking into permanent locations and plans to keep expanding her brand.
CBS News
26-05-2025
- Entertainment
- CBS News
Boston theaters experience boom from record breaking box office on Memorial Day weekend
Movie theatres across the country were packed over the holiday weekend as major summer blockbusters drew crowds back to the big screen, and Boston's Alamo Drafthouse in Seaport was no exception. "This weekend has been absolutely insane for cinema," said Alamo Drafthouse spokesperson Jordan Fussell. "We have done incredible numbers." Among the biggest draws were Disney's live-action remake of "Lilo & Stitch" and "Mission: Impossible – The Final Reckoning" from Paramount. Fussell said these kinds of high-profile releases are reigniting public interest in the moviegoing experience. "Across the nation, we've seen a definite increase in attendance at theatres," he said. "The amount of movies that are coming out, with the big box office, the summer blockbusters, we're getting back to a point where people actually want to go to the cinema and actually see things." Audiences were excited for weekend of movies Audiences echoed that sentiment. "I don't think anything compares to seeing a movie on the big screen," movie-goer Pam Palmucci said. According to Deadline, the box office raked in a record-breaking $322 million over the long weekend. Analysts expect the trend to continue, with summer revenue projected to top $4 billion. Fussell added that studios are playing a key role in that resurgence. He said that some films are designed with the theatrical experience in mind. "There are films that need to be seen in cinemas. For example, I'll say 'Mission: Impossible,' it's the final one of an eight-part trilogy – that's been going on 30 years, it definitely is something that needs to be seen inside of theaters. Same thing with something like 'Sinners' that was shot on IMAX cameras, for IMAX format is something you need to be able to experience inside of a theater like that," Jordan said. For many viewers, returning to theaters feels like a refreshing change from at-home streaming. "I've been preferring [streaming movies] on the couch at home for a while, so this is actually a treat for me," said movie-goer Joy Adeyemi. With a full slate of blockbuster titles lined up, the summer movie season is off to a strong start, and the buzz at the box office suggests it is just getting started.
