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☆ China's plan to be the dominant power in space is moving at breathtaking speed. The US needs to wake up, officials say.
▼ + stars: | 2024-04-30 | by ( Tom Porter | ) www.businessinsider.com time to read: +7 min

Read previewAfter a meeting with Japanese and South Korean officials in Tokyo on Friday, US Space Force commander Gen. Stephen Whiting warned about a growing threat. China, he said, is "moving at breathtaking speed in space," and is developing a range of weapons that threaten America's space supremacy, reported Stars and Stripes. "For the first time in decades, US leadership in space and space technology is being challenged," Meink added. Chance Saltzman, Chief of Space Operations at United States Space Force, last year warned against taking US space supremacy for granted. Air Force Lieutenant General Gregory Guillot (L) and US Space Force Lieutenant General Stephen Whiting (R) on July 26, 2023.

Persons: —, Stephen Whiting, They're, Troy Meink, Space.com, Meink, Chance Saltzman, I'm, Saltzman, Whiting, Dominic Chiu, Gregory Guillot, BRENDAN SMIALOWSKI, Donald Trump, Chiu, Artemis, Frank Lucas, Anthony Mastalir, Graeme Thompson, Thompson, Tory Bruno, Arthur Herman, John F, Kennedy, Ronald Reagan, we've Organizations: Service, Korean, Space Force, Business, National Reconnaissance Office, Space Operations, United States Space Force, Eurasia Group, Air Force, US Space Force, House Science, Technology Committee, Brig, US Space Forces, Pentagon, United Launch Alliance, NBC News, Hudson Institute Locations: Tokyo, China, Colorado, Australia, Russia

☆ Climate change could cost Americans born in 2024 nearly $500,000 in their lifetime
▼ + stars: | 2024-04-26 | by ( Annie Nova | ) www.cnbc.com time to read: +7 min

The October report found that around 13% of Americans reported economic hardship over the prior year due to climate change. Climate change could cost Americans born in 2024 nearly $500,000, due to higher taxes and pricier housing and food, among many other factors, ICF, a consulting firm, recently found in a report commissioned by Consumer Reports. Stan Honda | AFP | Getty ImagesOther health effects of climate change reflect more widespread shifts in global conditions. "There are clear interactions between heat waves and health conditions," said Charles Driscoll, a professor at Syracuse University who studies climate change. Climate change leads to droughts, which lead to crop failures, which cause food price spikes.

Persons: Chandan Khanna, Andrew Rumbach, Eva Marie Uzcategui, Wagner, Rumbach, Stan Honda, Charles Driscoll, Driscoll, Ringo H.W, Chiu, Mark Kantrowitz, Gernot Wagner Organizations: AFP, Getty, U.S . Department of, Treasury, Consumer Reports, Urban Institute, Bloomberg, U.S . Census, Insurance, Swiss Re Institute, Health, Natural Resources Defense, Syracuse University, International Labour Organization, Kaiser Family Foundation, of Labor Statistics, Columbia Business Locations: Fort Lauderdale , Florida, U.S, Fort Myers Beach , Florida, Florida , Louisiana, California, Hurricane, Queens, New York, Malibu, Malibu , Calif

☆ A Georgia basic income program is giving Black women $850 a month. They say it helps them pay bills and reduce debt.
▼ + stars: | 2024-04-01 | by ( Kenneth Niemeyer | ) www.businessinsider.com time to read: +4 min

An Atlanta area program is giving low-income Black women $850 a month for two years. AdvertisementA Georgia program providing low-income Black women with monthly payments hopes it will help them escape poverty. The Georgia Resilience and Opportunity Fund in Atlanta gives young Black women average payments of $850 a month through its In Her Hands program. AdvertisementBasic income programs for Black women face legal challengesThe In Her Hands program is not the first guaranteed income program targeting Black women. AdvertisementDespite reports of success, basic income programs across the country are often met with resistance from conservatives.

Persons: —, Martin Luther King, Harper, GPR, Hope Wollensack, San Francisco Mayor London Breed, David Chiu Organizations: Service, Georgia Resilience, Opportunity Fund, Atlanta's, Ward, GRO, Georgia Public Radio, Black, Research, San Francisco Mayor London, American Civil Rights, San, Area Locations: Atlanta, San Francisco, Georgia, Francisco

☆ China built a mock-up of key area in Taiwan's capital city at a desert training site, satellite images show
▼ + stars: | 2024-03-28 | by ( Chris Panella | ) www.businessinsider.com time to read: +6 min

Satellite images show China's mock-up of Taiwan's presidential office at a desert training site. AdvertisementOut in the desert at a military training site, China has built a mock-up of a key area of Taiwan's capital city where the presidential office and other government buildings are located, satellite images show. Related storiesThe office mock-up was a convincing replica. A general view of the Presidential Office Building in Taipei. People watch a video about China's military advancements at the Military Museum in Beijing on March 3, 2024.

Persons: —, Joseph Wen, Wen, it's, Walid Berrazeg, Chiu Kuo, cheng, John Aquilino, GREG BAKER, Party's Lai Ching, Hou Organizations: Service, Alxa League, Planet Labs, Business, Planet, CCTV, Presidential, Rocket Force, Alxa, US, Pacific Command, US Armed Services House Committee, Military Museum, Getty Images, Democratic, ih Locations: China, Taiwan, Alxa, Mongolia, Taipei, Taiwan's, Zhurihe, Inner Mongolia, Beijing, AFP, Getty Images China, It's

☆ Here's how your iPhone could get worse if the DOJ's antitrust lawsuit succeeds
▼ + stars: | 2024-03-23 | by ( Grace Kay | ) www.businessinsider.com time to read: +7 min

Some critics of the suit believe it could make the iPhone worse, leading to security concerns and a less seamless experience. But is that something that iPhone users really want? The DOJ filed an antitrust lawsuit against Apple on Thursday. AdvertisementFor its part, Apple has argued that the DOJ's lawsuit could pose any number of issues for iPhone users — from security and privacy concerns to a degradation in user experience. A less seamless user experienceThe DOJ's lawsuit could also have a detrimental impact on Apple's signature user experience, according to some experts.

Persons: —, Apple, Jeff Chiu, Tim Cook, Cook, Benedict Evans, Evans, Jennifer Huddleston, Koch, Huddleston, Adam Kovacevich, Dave Lee, Lee, Forrester, Dipanjan Chatterjee, Apple's, Chatterjee, Fortune Organizations: DOJ, Apple, Service, US Department of Justice, AP, Union's, Venture, Cato Institute, Apple Watch, of, Big Tech, Bloomberg

☆ Hong Kong's national security law has analysts divided on its social and economic ramifications
▼ + stars: | 2024-03-20 | by ( Shreyashi Sanyal | ) www.cnbc.com time to read: +1 min

Lawmakers, government officials, and Hong Kong Chief Executive John Lee are posing for a group photo inside the chamber of the Legislative Council complex after passing the Safeguarding National Security Bill in Hong Kong, China, on March 19, 2024. Hong Kong's new national security bill that seeks to "prevent, suppress and punish espionage activities" has left analysts divided on its social and economic ramifications. Lawmakers in Hong Kong passed the Safeguarding National Security Bill, which has been under scrutiny for provisions such as life imprisonment for 'treason' and 'insurrection,' in a special session on Tuesday. Hong Kong's Legislative Council had introduced the bill known as Article 23 on March 8, and Chief Executive John Lee had urged the need to pass the law "as soon as possible" given an "increasingly complex" geopolitics backdrop. Chiu highlighted that the bill was deliberated on, amended, and passed within 11 days — a record time in Hong Kong's legislative history.

Persons: John Lee, Hong, Dominic Chiu, Chiu, — Organizations: Hong, Legislative, National, China &, Eurasia Group, Hong Kong's Legislative Locations: Hong Kong, China, China & Northeast Asia, Hong Kong's

☆ One Big Reason Gen Z Is Still on Facebook: To Save Money
▼ + stars: | 2024-03-14 | by ( Melissa Rohman | ) www.nytimes.com time to read: +1 min

In December, Ellicia Chiu and Cher Su had just a few boxes in tow when they moved into a walk-up apartment in New York’s Lower East Side neighborhood. Before their move, from Los Angeles, the two friends knew that they would need to furnish their new apartment with small kitchen appliances, décor and furniture. But instead of purchasing new items, they knew it would be more affordable to find secondhand items on Facebook Marketplace, the social network’s buy-and-sell service. “I only use Facebook for Marketplace,” said Ms. Chiu, 24, who added that she spent most of her social time on TikTok and Instagram, which is owned by Meta, Facebook’s parent company. For many 20-somethings who don’t have a lot of disposable income, Marketplace is a place to get deals on items they wouldn’t normally be able to afford.

Persons: Ellicia Chiu, Cher Su, “, ”, Chiu Organizations: Facebook, Meta Locations: New York’s, Los Angeles

☆ Fortune REIT CEO discusses Hong Kong's property measures
▼ + stars: | 2024-03-06 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFortune REIT CEO discusses Hong Kong's property measuresJustina Chiu, CEO of Fortune REIT, discusses Hong Kong's property measures, saying the company is excited to see an effort to "foster the growth of the REIT market in Hong Kong."

Persons: Justina Chiu, Fortune REIT Locations: Hong Kong

☆ China’s coast guard has triggered ‘panic’ in Taiwan. That’s only part of Beijing’s plan
▼ + stars: | 2024-02-21 | by ( Nectar Gan | Wayne Chang | ) edition.cnn.com time to read: +7 min

“It’s super scary,” a passenger told Taiwan’s United Daily News in a video upon returning to shore under the escort of a Taiwanese coast guard ship on Monday. “(The Chinese coast guard) chose a tourist vessel because it’s high profile – you would expect lots of people on the boat with cameras and phones,” he said. The stakes are high, as the increased presence and closer proximity of Chinese and Taiwanese coast guard vessels raise the specter of miscalculations that could potentially spiral into open conflict. Speaking to reporters about the inspection by the Chinese coast guard, Taiwan’s Defense Minister Chiu Kuo-kcheng highlighted such risks, saying the defense ministry is “very concerned” about potential miscalculations. Taiwan's coast guard inspects a vessel that capsized during a chase off the coast of Kinmen on February 14, 2024.

Persons: King Xia, ” Kuan, Taiwan’s, Ian Chong, Chong, ”, “ They’re, Chiu Kuo, Lai Ching, China’s, Nancy Pelosi’s, Tian Feilong, It’s, Tian, “, Lai Organizations: Taipei CNN, Taiwan’s United Daily News, Taiwan’s Ocean Affairs Council, Democratic Progressive Party, National University of Singapore, South China, Taiwan’s, Taiwan Coast Guard Administration Locations: Hong Kong, Taipei, Taiwanese, Kinmen, China’s, Beijing, Taiwan, Xiamen, China, East, South, Taiwan's, Nauru, Taiwan Strait

☆ Apple’s Vision Pro headset to hit stores in the US. Here’s what you need to know
▼ + stars: | 2024-02-02 | by ( Samantha Murphy Kelly | ) edition.cnn.com time to read: +6 min

CNN —The Vision Pro, Apple’s first new product in seven years, will officially launch in stores on Friday in the US. The Apple Vision Pro headset is displayed in a showroom on the Apple campus in Cupertino, Calif., after it's introduction at the company's annual developers conference, Monday, June 5, 2023. The Vision Pro is a high-priced headset that blends virtual reality with augmented reality that projects digital images on top of real-world settings. Vision Pro includes surround sound, with audio pods that sit outside the ears to deliver rich immersive audio. Morgan Stanley analysts project the company will ship up to 400,000 Vision Pro units this year.

Persons: Apple’s, Tim Cook, Cook, Jeff Chiu, it’s, Siri, Luke Skywalker’s, Ming, Chi Kuo, Morgan Stanley Organizations: CNN, Apple Stores, New York Times, Apple, Pro, Vision, Disney, Apple Watch, Shipping Locations: Cupertino , Calif

☆ A Senate hearing with top tech CEOs about online child safety had plenty of fireworks
▼ + stars: | 2024-02-01 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. In today's big story, we're looking at the grilling tech CEOs got during a contentious Senate hearing, with one notable exception. The big storyTech on trialAnna Moneymaker/Getty ImagesTech CEOs testified in a Senate hearing that turned into the type of fiery debates found on their social-media platforms. Executives for Meta, TikTok, X, Snapchat, and Discord were grilled by US lawmakers during a contentious Senate hearing on online child sexual exploitation. The most shocking moment involved Meta CEO Mark Zuckerberg, BI's Lauren Steussy reports.

Persons: —, we're, Anna Moneymaker, Aaron Mok, Camilo Fonseca, Mark Zuckerberg, BI's Lauren Steussy, GOP Sen, Josh Hawley, Zuckerberg, Shou Zi Chew, Republican Sen, Tom Cotton, Linda Yaccarino, Alex Wong, Chew, X's Yaccarino, BI's Katie Notopoulos, Yaccarino, Katie, It's, there's, Sen, Lindsey Graham, We've, Jerome Powell, Win McNamee, Troy Rohrbaugh, Jamie Dimon, it's, Jeff chiu, Alyssa Powell, Byron Allen, Dan DeFrancesco, Hallam Bullock, Jordan Parker Erb Organizations: Business, Service, Tech, Getty Images Tech, Meta, GOP, Republican, Chinese Communist Party, Pew, Big Tech, Federal Reserve, Paramount, Getty, Apple Locations: Washington, Washington ,, New York, London

In repelling disinformation, Chinese and domestic, Taiwan offers an example to other democracies holding elections this year. And when the election results came out, they thought something was up,” said Eve Chiu, the editor-in-chief of Taiwan’s FactCheck Center, a nonprofit journalism organization. Taiwan's FactCheck Center debunked multiple videos of alleged voter fraud, including another one in which voting officials make a human error caught on camera. Taiwan has been able to effectively respond to Chinese disinformation in part because of how seriously the threat is perceived there, according to Kenton Thibaut, a senior resident fellow and expert on Chinese disinformation at the Atlantic Council’s Digital Forensic Research Lab. Others like, Taiwan FactCheck Center, are careful to not take government money so as to preserve their independence, said Chiu.

Persons: miscounting, “, ”, Eve Chiu, Ko Wen, Taiwan's FactCheck, Kenton Thibaut, Thibaut, Alexander Tah, Ray Yui, Yui, ” Yui, Charles Yeh, Chiu, Donald Trump, they’re, Jim Ludes, Ko, DoubleThink, GaChuDao, Wu, ___ Wu, Didi Tang Organizations: WASHINGTON, Taiwan’s, Taiwan People’s Party, Facebook, DoubleThink, Democratic Progressive Party, Taiwan can’t, Atlantic, Forensic Research, Associated Press, Taiwan FactCheck Center, Google, Media, ”, Pell Center for International Relations, Salve Regina University Locations: Taiwan’s, China, Taiwan, India, Mexico, Russia, America, Kenton, U.S, United States, Iran, Bangkok

☆ ‘Broken window’ stickers for Tesla Cybertruck quickly sell out
▼ + stars: | 2023-12-01 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +2 min

The unbreakable windows… broke. Following Thursday’s Cybertruck delivery event, Tesla decided to cash in on the embarrassment from 2019 with a broken-glass window sticker. The sticker, which is specifically designed to fit the Cybertruck’s uniquely-shaped window, quickly sold out, of course, the company said. In this Thursday, Nov. 21, 2019, file photo, Tesla CEO Elon Musk introduces the Cybertruck at Tesla's design studio in Hawthorne, Calif. The rear side window is, however, a window the driver won’t look through so covering it with a big sticker won’t cause any safety issues.

Persons: Tesla, Franz von Holzhausen, ”, Elon Musk, Ringo H.W . Chiu, Von Holzhausen Organizations: New, New York CNN Locations: New York, Hawthorne , Calif

☆ Exclusive: China lures hundreds of Taiwan politicians with cheap trips before election
▼ + stars: | 2023-12-01 | by ( Yimou Lee | Thomson Reuters | Yimou Lee Is A Senior Correspondent For Reuters Covering Everything Taiwan | ) www.reuters.com time to read: +5 min

Across Taiwan security agencies are looking into more than 400 visits to China in the past month, most led by local opinion leaders such as borough chiefs and village heads, a Taiwan security official looking into China's activities told Reuters. He said it was "self-evident" Beijing was trying to sway Taiwan elections through means including free trips for politicians. More than 300 borough chiefs or village heads from populous central Taiwan alone have participated in such trips to China in the past few months, this person said. "Certain borough chiefs have become the window of contacts in Taiwan for some Chinese units." Chinese officials allegedly asked participants to support certain political parties and "oppose Taiwan independence", the prosecutors said in a statement.

Persons: Tsai Ing, Chiu Tai, Hsing Tai, chao, Yimou Lee, Ben Blanchard, William Mallard Organizations: Beijing, Reuters, China's Taiwan Affairs Office, Mainland Affairs Council, Chinese Communist Party, Thomson Locations: TAIPEI, Beijing, China, Taiwan, Taipei, Shanghai, New Taipei City, Kaohsiung

☆ Taiwan president: China too 'overwhelmed' to consider invasion
▼ + stars: | 2023-11-30 | by ( ) www.reuters.com time to read: +3 min

REUTERS/Ann Wang/File Photo Acquire Licensing RightsTAIPEI, Nov 30 (Reuters) - China's leadership is too "overwhelmed" with its internal problems to consider an invasion of Taiwan, President Tsai Ing-wen said in an interview with the New York Times. But Tsai, in a transcript of the interview her office published on Thursday, said China had too many issues at the moment. And my thought is that perhaps this is not a time for them to consider a major invasion of Taiwan," she said. Tsai and her government have repeatedly called for talks with China but been rebuffed, as Beijing views Tsai and the ruling Democratic Progressive Party (DPP) as separatists. The DPP's Lai Ching-te, currently vice president, is the frontrunner to be Taiwan's next president according to opinion polls.

Persons: Tsai Ing, Ann Wang, Tsai, Lai Ching, Lai, Hsiao Bi, Chen Binhua, Chiu Tai, Chiu, Ben Blanchard, Stephen Coates Organizations: REUTERS, Rights, New York Times, Democratic Progressive Party, Taiwan Affairs Office, Mainland Affairs Council, Thomson Locations: Taichung, Taiwan, Rights TAIPEI, China, Beijing, United States, Taipei, Lincoln

☆ The Cost of Doing Business With China? A $40,000 Dinner With Xi Jinping Might Be Just the Start
▼ + stars: | 2023-11-28 | by ( Lingling Wei | Liza Lin | ) www.wsj.com time to read: 1 min

China’s President Xi Jinping met with the heads of American businesses in San Francisco earlier this month. Photo: Jeff Chiu/Associated PressBroadcom Chief Executive Hock Tan shelled out $40,000 to sit at Xi Jinping ’s table for the Chinese leader’s recent dinner in San Francisco with the heads of American businesses. Tan had a lot more at stake—a $69 billion deal he was waiting on China to approve. For months, Chinese regulators wouldn’t clear the U.S. chipmaker’s bid to buy enterprise software developer VMware, leading Broadcom to put off its date for completion of the deal—first announced in May 2022—three times. Intel’s planned acquisition of Israeli firm Tower Semiconductor , for more than $5 billion, was scuttled in August after Chinese regulators failed to approve it.

Persons: Xi Jinping, Jeff Chiu, Hock Tan, Jinping, Tan, — Organizations: Associated Press Broadcom, VMware, Broadcom, Tower Semiconductor Locations: San Francisco, China, Beijing

☆ Practicing gratitude: Turns out sometimes less is more, expert says
▼ + stars: | 2023-11-26 | by ( Faye Chiu | Jessica Dulong | ) edition.cnn.com time to read: +9 min

You don’t have to look far to find countless recommendations for a gratitude practice as a key to happiness. For people who like to write, an effective gratitude practice could be writing thank-you notes to friends and family, Lyubomrisky said. Lyubomirsky: There are circumstances in which a gratitude practice can backfire. How to get help Help is available if you or someone you know is struggling with suicidal thoughts or mental health matters. CNN: What advice do you have for avoiding pitfalls while engaging in a gratitude practice?

Persons: Sonja Lyubomirsky, “, you’re, Lyubomrisky, towfiqu, Jessica DuLong, ” Organizations: CNN, University of California, Getty, International Association for Suicide Prevention, Befrienders Locations: Riverside, Santa Monica, Canada, Brooklyn , New York

☆ APEC Summit Biden Aims to Fortify Ties With Asian Nations at Summit in San Francisco
▼ + stars: | 2023-11-16 | by ( Katie Rogers | ) www.nytimes.com time to read: +12 min

Image President Xi Jinping of China spoke to a crowd of U.S. business executives at a dinner in San Francisco on Wednesday evening. “There are hundreds and hundreds of activists —” Crowd: “Go home Xi Jinping!” “— who are coming together from all corners of this nation.” “We are really upset. 1 question for us is: Are we adversaries or partners?” Mr. Xi asked. Mr. Orlins said the Chinese had prepared three versions of a speech Mr. Xi could deliver that night. After Wednesday’s events with Mr. Biden, Mr. Xi picked the friendliest one.

Persons: Xi Jinping, Carlos Barria, Xi, —, Xi Jinping doesn’t, ”, ” “, Jinping, Josh Edelson, Xi —, Mr, Tim Cook, Larry Fink, BlackRock, Jerry Brown, Elon Musk, ” John L, Holden, Biden, Doug Mills, ” Michael Hart, Jim Wilson, Angus, Gina M, Raimondo, “, Ms, “ I’m, Stephen A, United States — Deng Xiaoping, Jiang Zemin, Hu Jintao, Deng, It’s, ” Mr, Orlins, “ They’re, Jeff Chiu, Biden’s Organizations: Visit, Credit, Agence France, Hyatt Regency, Apple, Boeing, Pfizer, Nike, FedEx, Elon, McLarty Associates, San Francisco . Credit, New York Times, U.S, American Chamber of Commerce, ., Mr, National Committee, United, China Relations, Associated, U.S ., China Business Council, Economic Cooperation, Consulate Locations: China, U.S, San Francisco, Hong Kong, Tibet, United States, California, Filoli, San Francisco ., ”, Iowa, Asia, Pacific

☆ Time for a major breakthrough in the U.S.-China relationship is behind us: Eurasia Group
▼ + stars: | 2023-11-16 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTime for a major breakthrough in the U.S.-China relationship is behind us: Eurasia GroupDominic Chiu of Eurasia Group says the Biden-Xi meeting will "reset and stabilize ties" between the US and China, and the implementation of agreements will be key moving forward.

Persons: Dominic Chiu, Biden, Xi Organizations: U.S ., Eurasia, Eurasia Group Locations: U.S, China

☆ Yelp Profit Soared With Help From IRS Guidance on R&D Tax Deductions
▼ + stars: | 2023-11-10 | by ( Jennifer Williams-Alvarez | Mark Maurer | ) www.wsj.com time to read: 1 min

Yelp’s office in San Francisco. The company’s third-quarter earnings included $15 million from a one-time tax adjustment after new IRS guidance. Photo: Jeff Chiu/Associated PressYelp ’s profit rocketed more than sixfold in its latest quarter, and it wasn’t entirely due to restaurant reviews. The surge in earnings was in part the effect of a one-time tax adjustment related to deductions for research and development, following recent guidance from the Internal Revenue Service.

Persons: Jeff Chiu, Yelp Organizations: Associated, Internal Revenue Service Locations: San Francisco

CNN —Media personality and sex expert Dr. Ruth Westheimer is now New York state’s honorary ambassador to loneliness, a role that’s the first of its kind in the nation. US Surgeon General Vivek Murthy has described the prevalence of loneliness and isolation as a national epidemic among all ages. Dr. Ruth Westheimer arrives at the Governors Awards at the Dolby Ballroom in Los Angeles on October 27, 2019. A sense of being alone defines loneliness, while social isolation is an objective lack of social connections. Social isolation has also been linked to cognitive decline, anxiety and weakened immunity.

Persons: Ruth Westheimer, Kathy Hochul, Westheimer, Vivek Murthy, Jordan Strauss, ” Westheimer, “, ” Hochul, ”, Hochul, ” Greg Olsen, Olsen, Hochul’s, ” Olsen Organizations: CNN — Media, New York, New York Gov, US Centers for Disease Control, Dolby, Aging, New York State Office, National Academies of Sciences, Engineering, Medicine Locations: New, Los Angeles, As New York, Germany, New York, —

☆ How Bud Light Won UFC Back: Global Ambition Meets a Worldwide Footprint
▼ + stars: | 2023-11-09 | by ( Katie Deighton | ) www.wsj.com time to read: 1 min

The third round of a UFC bout got under way in 2012, when Bud Light was a sponsor of the mixed martial arts promoter. Bud Light is returning as UFC’s beer sponsor next year. Photo: Jeff Chiu/Associated PressBud Light’s partnership deal with UFC last month was a rare win for the beer brand this year, an annus horribilis dominated by a damaging consumer boycott over its collaboration with a transgender influencer. The brewer, which had first sponsored UFC from 2008 until 2017, took back the official U.S. beer rights from Modelo, the same brand that surpassed Bud Light this spring as the top-selling beer in the U.S. Its parent, Anheuser-Busch InBev, was praised by UFC Chief Executive Dana White for having core values in line with the mixed martial arts promoter.

Persons: Bud Light, Jeff Chiu, Associated Press Bud Light’s, Bud, Dana White Organizations: UFC, Associated Press, Modelo, U.S, Anheuser, Busch InBev

☆ New Jersey Demands That ‘God’s Square Mile’ Open on Sundays
▼ + stars: | 2023-11-04 | by ( Rachel Chiu | ) www.wsj.com time to read: 1 min

Journal Editorial Report: The week’s best and worst from Kim Strassel, Bill McGurn and Dan Henninger. Images: AP/Reuters Composite: Mark KellyNeptune Township, N.J.A religious nonprofit has owned Ocean Grove, a stretch of beach and adjacent property, for more than 150 years. In the 1980s the group relaxed that policy, opening Ocean Grove’s beaches at noon on Sundays between Memorial Day and Labor Day. It’s the only patch of the roughly 130-mile Jersey Shore that’s off limits to bathers on summer Sunday mornings. Now state officials are looking to strip the community of its religious tradition and force the beaches open.

Persons: Kim Strassel, Bill McGurn, Dan Henninger, Mark Kelly Neptune, it’s Organizations: Reuters, Day, Labor, Jersey Shore Locations: N.J, Jersey

In this article UBERGOOGLGM Follow your favorite stocks CREATE FREE ACCOUNTSelf-driving cars have flooded San Francisco streets, and many of them have no safety drivers behind the wheel. The cars have driven into firefighting scenes, caused construction delays, impeded ambulances and even meandered into active crime scenes. "There have been 75 plus incidents," said San Francisco fire chief Jeanine Nicholson. San Francisco city attorney David Chiu said, "there are still some glitches that need to be worked out." "The idea that thousands of vehicles could be hitting our streets in short order is what gives us concern."

Persons: Alphabet's Waymo, Jeanine Nicholson, David Chiu, Chiu Organizations: General Motors Locations: San Francisco, Francisco, Russian

☆ Goldman Sachs just promoted 608 employees to the coveted role of managing directors. See the full list here.
▼ + stars: | 2023-11-02 | by ( Emmalyse Brownstein | ) www.businessinsider.com time to read: +14 min

Goldman Sachs announced its 2023 class of managing directors Thursday afternoon, giving 608 employees the coveted title. It's a smaller cohort than the bank's 2021 MD class, down 5% amid a dealmaking slowdown. Still, Goldman appears to have taken pains to promote employees in revenue-generating divisions like investment banking and trading. Goldman says the percentage of women it promoted as part of the 2023 MD class sets a record, up 1% from 2021. Two years ago, Goldman promoted the largest managing director class in its history, naming 643 employees to the designation in 2021.

Persons: Goldman Sachs, Goldman, David Solomon, John Waldron, we've, Solomon, Waldron, Goldman Sachs Fereshteh Abbasi Thomas Abe Devina Abreo Francesca Adamski Emmanuel Adenitire Gopal Agarwal Prasoon Agarwal Udit Agrawal Khamran Ali Omar Alzaim Dorothee Amar Akbar Amin Joe Amsler Wilfred Amuri Jack Anstey Paul Antonios Hidemi Aoki, Carolina Aragon Gonzalez Nelson Armbrust Georgina Aspden Laurene, Gisha, Sharon Babick Navin Babu Alexey Bachurin Alberto Bacis Patrick Badaro Rahul Bajaj Elise Bal Tanya Ballaram Brian Baltz Guillaume Banderet Nirav Bansal Nitin Bansal Swati, Chalapathi, Andrei Banu Camella Barnes James Barry Elisa Anna Bassu Aman Batra Eleanor Beasley Nicole Beavan Michael Becker Yukiko Beer Omar Benchekroune Richard Bennett Nigel Beslee Ashima Bhalla Nikhil Bhandari Nimita Bhargava Bodha Bhattacharya Rebecca Bibb Roseline, Rahul Bindu Mark Bird Leo Biselman Christian Blanc Patrick Bogues Michael Boratin Katherine Bordlemay Gabriela Borges Kate Boucher Erik Bouland Joanne Braidi Chris Brett Joseph Briggs Charles Brockett Emmeline Brothers Aaron Brown Adrienne Brown Kevin Bryck Archana Budida Oliver Bunn Rebecca Burgoyne Andrew Burpitt Todd Byers Patrick Byrne Michael Cahill Ashley Caldwell Jake Caldwell Serdar Caliskan Jon Calluzzo Stewart Campbell Samantha Cantor Yuri Cantor Dan Carabas Gemma Carlaw Laura Carroll Tim Carson Matt Carter Quentin Cezard Alex Cham Simon Chamama Heidi Chan Patrick Chan Suraj Chandran Kim Cheah Jon Cheh CP Chen Nelly Cheng Sarrah Cherhabil Jackson Cheung Michael Cheung Rama, Stan Chiu Anish, Kunal Choraria Ankit Chowdhari Dario Claus Cosimo Codacci, Michael Coleman David Collerd Shannon Collins Francesca Condini Lee Coppersmith John Couch Tim Creamer Maziar, Satish Damodaran Gareth Davies Serkan, Nick De Kock Ann de la, Nick De Kock Ann de la Montaigne Jan Debeuckelaer Molly Decker Gabrielle Decrion Laurent Dedieu Antoine Demongeot Yannick Derippe Deepalakshmi Desai Tim Desiano Joshua Dezube Randeep Dhillon Javier Diaz, Merry Matheus, Jared Dickow Alex Doell Mao Dong Praneil Doolabh Daniel Dooling Michelle Dorea Szymon Doroz Jacqueline Du Benjamin Duell Kelsey Dumont Julie Duval Todd Ebe Dayo, Jeremy Eisenstein Chris Elmore Ryan Erickson Joaquin Escribano Larry Estrada Pavel Fadeev Will Fairbourn Jeremy Falgiani Fabio Federici Wenlong Fei David Felman Sophia Ferguson Zach Fernandez David Fernandez Miguez Scott, William Fio Rito Duffy Fischer Lisa Florentine Akshay Fomra Janice Foo Nicholas Forbat Elie Franko Georgina Fraser Jason Freeman Nicole Freeman Oliver Friedberg Gavriel Friedland Ross Fuller Angela Fung Greg Furness Nikhil Gadodia Stefano Gamba Amit Singh Gambhir Javier Gandara Giorgio Gandola Amit Gangrade Sudha Garimella Mima Garland Mingmin Ge Graziano Gemma Shefali Gera Constance Germain Brad Gifford Benjamin Giles Abbas Ginwala Marlene Giorgio Thomas Giovachini Zachary Glasser Guillaume Gnech Harley Golding Yuriy Goldman Jesse Goldstein Roy Golender Sharon Gonnella Alejandro Gonzalez Steven Gooden Jessie Gould Varun, George Graf von Waldersee Florian Granier Jamie Greenberg Brian Grzelakowski Alessandro Guicciardi Michael Guiliano Samuel Guinness Bivash Gunpath Deepa Gupta Parikshit Gupta Lauren Gutierrez Johannes Hahn Chris Hallam Alex Halpern Christina Halpin Michael Hamilton Brooke Hammel Saki Hanioka John Hanson Mathew Harris Ally Hart Amy Harwood Tom, Emily Hashimoto Rob Haslam Michael Heino Brandon Herde Sarah Higgins Camilla Hill Spencer Hill Sho, Cecilia Ho Jonathan Ho Bryan Hoffman Kevin Hoffmeyer Eliza Hollyday Simon Holmes Mehdi, Lily, Derek Hu Jennifer Hui Tim Huiszoon Camille Humbert Kurt Humes Kelley Hutchison Masayuki Ichioka Andrew Imber Calvin Isaac Jackson Isaacs Sharif Ismail Yu, Doug Michael Jaffa Nitin Jagga Rahul Jain, Jataprolu Fiona Jervis Yinpeng Jin Sandeep Jindal Jennifer Jochinger Steven Johnson David Johnstone Megan Jordan Nicolas Joseph Bob Kadel Jean Kam Harneet Kaur Vinay Kaura Peter Kelman Stephanie Kenary Maggie Keohan Humayun 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