Brush fire in Chino Hills forces 71 Freeway closure
The blaze was reported before 2:20 p.m.
The California Highway Patrol said all lanes of the 71 Freeway were closed at the Euclid Avenue onramp in Chino Hills.
According to Caltrans, the closure caused a traffic backup to the 91 Freeway in Corona on the northbound lanes, and to Pine Avenue on the southbound lanes.
The CHP urged travelers to avoid the area. It's not yet clear when the freeway will reopen.
No additional details, including acreage, were immediately made available.
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New York Times
17 minutes ago
- New York Times
Nashville Is a ‘Tough Place to Tunnel.' Musk Is Digging Anyway.
Elon Musk, the world's richest man, already faces backlash over his company's giant supercomputer project in Memphis. Now, another project under his business empire has angered residents in Tennessee's capital, where state officials cleared the way on Thursday for a 10-mile tunnel to be dug under Nashville. The project by the Boring Company, Mr. Musk's private tunneling venture, would connect downtown Nashville and the city's airport. Gov. Bill Lee, a Republican, and other state leaders announced it this week, with little input from local lawmakers and residents, who raised objections to its fast-tracked approval. Mr. Musk's tunnel, built for vehicles sold by one of his other companies, Tesla, is the latest point of tension between the Republican leaders who dominate state government and a majority of residents and officials in the largely liberal city. 'It is shameful and it is disrespectful that you all have made this decision without us,' State Senator Charlane Oliver, who represents part of Nashville, said at a hearing of a state commission that unanimously approved the use of state land for the project. Construction on what is being billed as the Music City Loop is expected to begin in the coming days. Officials hope it would reduce the downtown-to-airport commute, typically at least 15 minutes in regular traffic, to as few as eight minutes. The loop would be used by Tesla cars owned and operated by the Boring Company. Mr. Lee, speaking at an airport hotel, hailed the plans as something that 'might just be the coolest announcement since I've been here.' Notably missing: Mayor Freddie O'Connell, a transit wonk who won voter approval of an infrastructure plan in November. 'We have a number of operational questions to understand the potential impact,' Mr. O'Connell said in a statement. At least one lawmaker who represents part of Nashville, State Representative Justin Jones, a Democrat, wasn't invited to the Monday event and was barred from the announcement. The loop would be the second such project built by the Boring Company in the United States, after a series of tunnels in Las Vegas. The first mile and a half of the multi-million-dollar loop, approved in 2019, opened to customers in 2021. A combination of private and public funds has been used to continue building out tunnels and stations. Mr. Lee and others emphasized that construction on the Nashville tunnel would be privately funded by the Boring Company and would not receive tax breaks. They did not say how much it would cost to build, maintain or use. Some proposed Boring Company projects announced elsewhere in the United States, including in Chicago, were never completed. And Nashville's limestone bedrock and temperate weather offer challenges for the company, especially compared with Las Vegas's dry climate. 'Tough place to tunnel in Nashville,' acknowledged Steve Davis, the company's president. 'If we were optimizing our easiest places to tunnel, it would not be here.' He said the city's growth and tourist attractions made it a desirable place to build. Local residents expressed concerns about the possible environmental consequences of the project at a special meeting on Thursday, called to approve the use of a state parking lot by the Boring Company as a starting point for construction. 'This project has not had the time to do due diligence,' said Rev. Emily Haynes, a pastor at a nondenominational church in Nashville, who warned that the project was on 'a very dangerous ecological and socially risky path.' Nashville leaders accused state officials of prioritizing tourists over residents in order to help Mr. Musk, whose businesses have already profited from his former close relationship with President Trump and other Republican leaders. Similar concerns have been voiced over the construction of a supercomputer facility in Memphis for xAI, Mr. Musk's artificial intelligence business, where residents of the predominantly Black neighborhoods nearby have raised worries about increased air pollution and other disruptions. Executives at xAI have said that the facility complies with environmental laws, and Mr. Musk and the company recently pledged to help renovate four nearby schools. Some speakers pointedly said that the unanimous outcome of the hourlong hearing in Nashville on Thursday seemed preordained. With the permission of state officials, the parking lot in question had already been cordoned off by the Boring Company.
Yahoo
an hour ago
- Yahoo
Ferrari Just Stalled -- Why the Luxury Icon's Stock Dropped Despite Strong Profits
Ferrari's second-quarter results weren't the engine roar investors were hoping for. While revenue rose 4% year-over-year to 1.79 billion ($2 billion), the figure came in just below expectations. Operating profit edged up 6% to 709 million, slightly ahead of consensus, but not enough to shift sentiment. Shares of Ferrari (NYSE:RACE) dropped as much as 6.9% in Milan trading, giving back gains from the past two weeks. Jefferies called the top line a bit shy, and RBC had flagged that only a blowout quarter would justify a guidance raisesomething that didn't materialize. Management did offer a note of optimism, pointing to stronger confidence in full-year guidance following a new tariff deal. The agreement trims duties on European car imports to 15%, down from the Trump-era peak of 27.5%. But that still sits well above the pre-trade war baseline of 2.5%. Since all Ferraris are made in Italy, the company doesn't have the option to shift production closer to its largest market, the U.S., which accounts for roughly a quarter of deliveries. To protect its near-40% gross margin, Ferrari has already signaled price increases of up to 10% on select U.S. models. The good news? The order book remains full, cancellations are minimal, and Ferrari still commands enough brand power to potentially pass on cost hikes without losing demand. But investors are watching closely. With rivals like Lamborghini posting record plug-in hybrid deliverieseven as profits slipattention will turn to Ferrari's first fully electric vehicle debuting this October. If demand holds and margins remain intact, Ferrari could still steer through this period without hitting the brakes. This article first appeared on GuruFocus. Sign in to access your portfolio
Motor 1
an hour ago
- Motor 1
How Much Is a Porsche, Really?
Generally recognized as the automotive equivalent of owning a Rolex, parking a Porsche in your garage is a rite of passage for anyone even mildly into cars once they reach a certain threshold of wealth. But how much coin do you need exactly? We've got the answers. Porsche's current lineup is diverse. You've got cars made for the track, and you've got cars made for family. Some Porsche models run on gas, some run on electricity, and others run on both. The Macan Electric and Panamera are all-new, while the 911, Taycan, and Cayenne have recently been refreshed. The gas Macan and 718 Boxster/Cayman have essentially been around for a decade, and, sadly, they're on their last legs. With the automaker recently hiking prices for 2025, here's how much each Porsche model will cost (at the very least) for the 2025 and 2026 model years. Base prices are what they are, but keep in mind that Porsche is a manufacturer notorious for pricing that can balloon fast once you start moving up the trim ladder and adding options. Leather-edged, carbon-fiber floor mats and colored seat belts ain't cheap, apparently. Porsche Macan: $66,950 Photo by: Porsche The new Macan Electric gets all the hype these days, but Porsche has decided to keep selling the old gas Macan alongside it (for now). This entry-level Porsche crossover has had a good number of updates over the years, but at its core, this car is more than 10 years old. Nonetheless, the 2026 gas Macan starts at $66,950 including a $2,350 destination charge, and it has a 2.0-liter four-cylinder making 261 horsepower and 295 pound-feet of torque—undercover hot-hatch specs with an undercover hot-hatch drive. Spring for the $80,350 S or $95,450 GTS for even more performance thanks to a V-6 making 375 and 434 hp, respectively. Read Our Review Porsche 718: $77,395 Photo by: Porsche Now, for some fun stuff. The 2025 Porsche 718 Cayman starts at $77,395, including $1,995 for destination, while the drop-top 718 Boxster goes for $79,595. Those come with the 300-horsepower 2.0-liter flat-four. S models crank it up to 350 hp for $12,500 more, while the acclaimed GTS 4.0 variants really start cooking with a 4.0-liter flat-six making 394 hp. The starting price for the Cayman GTS 4.0 is $105,395. The halo GT4 RS and Spyder, meanwhile, go for $173,395 and are, by all accounts, worth every single penny—if you can get an allocation. As of this writing, 2025 is set to be the final year for this generation of the Boxster and Cayman, as Porsche previously confirmed that production is winding down in October. An all-electric successor has been in the works and teased for some time now, but given the uncertainty around electric car mandates, questionable demand for iconic performance vehicles being reinvented as EVs, and Porsche's own business model that self-admittedly 'no longer works,' I wouldn't put my eggs in any one basket when it comes to the future of the 718 line. Read Our Review Porsche Macan Electric: $79,995 Photo by: Porsche If you'd like the fancy, new Macan Electric, though, prepare to pay at least $79,995, including a $1,995 destination charge. That gets you into the single-motor base EV good for 355 horsepower with launch control, as well as 315 miles of range. This one hits 60 miles per hour in 5.4 seconds. For reference, the base gas Macan does it in six. Speed-demon Macan Electric buyers will want the 630-horse dual-motor Turbo, which gets from 0 to 60 mph in 3.1 seconds and goes for $111,095 to start. Range stands at 288 miles for both that version and the mid-level, 509-hp 4S. Read Our Review Porsche Cayenne: $91,150 Photo by: Porsche Step up to Porsche's bigger 2026 Cayenne crossover , and it'll cost $91,150, including $2,350 for destination. Not quite as old as the gas Macan, this car got a mid-cycle refresh for 2024 that brought new screens inside, tweaked exterior styling, and upgraded powertrains, including the return of a V-8 in the Cayenne S. The base model uses a 3.0-liter V-6 making 348 horsepower, but cylinders and power (and price) increase with S, GTS, E-Hybrid, and Turbo models. Slanted-roof Coupe variants generally go for 5 to 6 grand more than a regular Cayenne with the same powertrain. The big daddy Turbo GT with 650 hp, rubber-band performance tires, and a Lamborghini Urus-baiting chip on its shoulder goes for more than 210 grand. Read Our Review Porsche Taycan: $106,250 Photo by: Porsche What the Panamera originally did for four-door Porsches, the Taycan did for electric ones. Porsche introduced the Taycan in 2019, and gave it a significant update for 2025, adding a bigger battery and, in turn, more range, as well as the more powerful and efficient rear motor from the Macan Electric. A base 2026 Taycan starts at $106,250, including $2,350 for destination. That buys a single-motor car making 402 horsepower, good for 274 miles of range (up from the 208-mile base pre-refresh). Taycan 4, 4S, GTS, Turbo, and Turbo S models all have dual motors, more power, and the requisite price increase,, but it culminates with the nutty Taycan Turbo GT. That one makes 1,019 hp, gets from zero to 60 in 2.1 seconds with the Weissach Package, and costs more than $240,000. Read Our Review Porsche Panamera: $112,450 Photo by: Porsche The newest model in Porsche's lineup at the moment, the very recently redesigned third-gen 2026 Porsche Panamera , starts at $112,450 with $2,350 of that going toward destination. Easily the most elegant-looking car in its lineage, the Panamera comes standard with a 2.9-liter V-6 making 348 horsepower and a 0-60 time of five seconds flat. E-Hybrid models add electricity while a GTS throws in a mighty 493-hp V-8. A top-of-the-line Panamera Turbo S E-Hybrid, meanwhile, uses both to produce a total of 771 hp, a 60-mph sprint of just 2.8 seconds, and a price tag north of $240,000. Read Our Review Porsche 911: $134,650 Photo by: Porsche Porsche's perennial thorn in the side of every other sports car that ever existed starts at $134,650 for 2026, including a $2,350 destination charge. Very recently refreshed, that price gets you into a base Carrera with a revamped flat-six engine making 388 horsepower and getting from zero to 60 mph in 3.9 seconds. That may not sound like much in the context of modern, six-figure performance cars, but make no mistake: even in base form, the 992.2 is transcendent to drive. More analog T, more powerful S, and newly hybrid GTS models are rungs on the ladder approaching $190,000 to start. The vaunted, track-ready GT3 goes for $234,550, and even though Porsche hasn't revealed Turbo 992.2 models, expect those to be priced in the same general ballpark. Read Our Review Check Out These Pricing Stories How Much Is a Corvette? How Much Does an Aston Martin Actually Cost? How Much Is a Lucid? How Much Does A Rivian Cost? Share this Story Facebook X LinkedIn Flipboard Reddit WhatsApp E-Mail Got a tip for us? Email: tips@ Join the conversation ( )
