Man celebrating opening new parachute business dies in skydiving accident 
Robert Ranieri III, 29, died on Tuesday in a skydiving accident over Lake Tahoe in California. Ranieri was making a skydive to celebrate opening his new business that teaches people how to operate parachutes, according to his grandfather, former Hoboken assemblyman and councilman Robert Ranieri Sr. Ranieri III’s first chute twisted and an emergency chute didn’t open, his grandfather said. Ranieri III’s body was found 15 feet below the surface in Lake Tahoe. The Federal Aviation Administration (FAA) has been holding his body pending an investigation to rule out foul play.

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