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One of the architects of that plan for a Trump second term said as much in a video last year for the Heritage Foundation. Reissuing Schedule F is part of a roadmap, known as Project 2025, drafted for a second Trump term by scores of conservative groups and published by the Heritage Foundation. The new rules would not fully block reclassifying workers in a second Trump term. Greene said she worries for federal workers who might face the same choice in a second Trump term. The project includes a personnel database for potential hires in a second Trump administration.

Persons: Donald Trump, it’s, —, Trump, Joe Biden, Donald Moynihan, Georgetown University's, ” Donald Moynihan, ” Moynihan, “ It’s, ”, Russell Vought, “, you’re, Doreen Greenwald, Moynihan, Kenneth Baer, Barack Obama, ” Kenneth Baer, Peter Orszag, Pete Souza, Robert Shea, Eva Shea, George W, Bush, Laura Bush, Tina Hager, ” Biden, Baer, George Frey, ” Trump, Max Stier, Verna Daniels, ” Daniels, Catherine Greene, ” Greene, Tom Bewick, NIFA, ” Bewick, we’ll, Greene, Biden, “ We’ve, He’s, Hillary Clinton, he’d, James Comey, Bill Barr, Barr, Jeffrey Clark, Clark, Mark Meadows, Stephen Miller, Peter Navarro, he’ll Organizations: CNN, United, Republican, Democratic, Trump, ”, Georgetown, Georgetown University's McCourt School, Public, Georgetown University, Heritage Foundation, Management, Budget, of Justice, FBI, Environmental Protection Agency, Vought, National Treasury Employees Union, OMB, White, Personnel Management, Land Management, Department of Agriculture, Kansas City, Partnership for Public Service, Government, Office, GAO, Economic Research Service, National Institute of Food, Agriculture, USDA, National Institute for Food, NIFA, Applied Economics Association, BLM, Getty, Department of Justice, Justice Department, Univision, Justice, Department, U.S . Justice, Center, Washington Post, National Security and Intelligence, of Homeland Security, of Education and Commerce, Federal Communications Commission, Federal Trade Commission Locations: United States, Washington, Georgetown, , Colorado, DC, Kansas, Colorado, Virginia, America, Grand Junction, Washington ,, New York City, New York, Georgia

☆ Tesla's earnings report was worse than expected, but Elon Musk has a plan
▼ + stars: | 2024-04-24 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, we're looking at Tesla's earnings report and what comes next for the EV maker. The big storyTesla's turnaround planJADE GAO/AFP via Getty Images; Chelsea Jia Feng; BIBad news: Tesla's earnings report was worse than expected. AdvertisementPerhaps that's why Musk spent so much of the earnings call discussing autonomy and the progress made with Tesla's Full Self-Driving software . Musk told analysts on the earnings call that Tesla is the majority of his work . If investors vote against the package at Tesla's annual meeting in June, who knows where Musk — and his AI ambitions — will end up .

Persons: —, Chelsea Jia Feng, Elon Musk, Tesla, Musk, hasn't, Insider's Linette Lopez, Matt Anderson, Tyler Le, JPMorgan's Marko Kolanovic, Kolanovic, Cathie, Stocks, Goldman Sachs, Gerard Julien, Elon Musk's, Carl Godfrey, Joe Biden, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Business, Service, Getty Images, Tesla, Getty, EV, Musk's, Intel, Micron Technology, Microsoft, BI America, Amazon, Boeing, Meta, IBM, US Locations: Delaware, Outflows, United States, China, Idaho, New York, London

☆ New Marine One helicopters the US spent $5 billion on aren't allowed to carry the president because they could scorch the lawn
▼ + stars: | 2024-04-23 | by ( Jake Epstein | ) www.businessinsider.com time to read: +4 min

But the VH-92 continues to scorch the White House lawn, Bloomberg reported on Tuesday. AdvertisementThe new Marine One helicopters, part of a program that the US spent $5 billion on, still can't carry President Joe Biden because there's still a risk they will scorch the White House lawn, according to a new report. Older VH-3D Sea King helicopters will continue to transport Biden from the iconic, traditional South Lawn takeoff spot. President Joe Biden boards Marine One for departure from the South Lawn of the White House on April 19, 2024, in Washington. Neither Lockheed Martin, nor the White House, immediately responded to Business Insider's queries on the reported continuation of the VH-92 problems.

Persons: Biden, —, Joe Biden, there's, Lockheed Martin, Trump, Alex Brandon The, Melissa Chadwick Organizations: US, Bloomberg, Service, Sikorsky, White, Secret Service, Lockheed, Marine, AP, Office, Department of, Pentagon, White House Locations: Washington

☆ How the US Army botched a $1 billion upgrade of the Stryker armored vehicle's gun
▼ + stars: | 2024-04-18 | by ( Michael Peck | ) www.businessinsider.com time to read: +6 min

Fearing that its Stryker armored vehicles were outgunned by Russian and Chinese designs, the US Army had an idea for a quick fix: Develop an unmanned Stryker turret with a 30-mm autocannon. The Army obliged in 2018 with the Infantry Carrier Vehicle-Dragoon, which added a remote-controlled 30-mm gun turret — manufactured by Norwegian firm Kongsberg — to 91 flat-bottom-hull versions of the Strykers. This would be enough to upgrade Strykers in three brigades of 83 vehicles each, plus an additional 20 for testing. Instead of a Kongsberg MCT-30 turret, the vehicles would receive a Samson turret made by Israeli firm Rafael. A big red flag should have been the glitches in the turret software that degraded the 30-mm cannon's accuracy.

Persons: Germany —, Rafael, Stryker, Kevin Payne, Mona Sehgal, Sehgal, Michael Peck Organizations: Service, Stryker, US Army, Business, Army, 2nd Cavalry Regiment, General Dynamics Land Systems, VN, Infantry Carrier Vehicle, Dynamics, The Army, Systems, Oshkosh Systems, Northrop, Hull, GAO, Oshkosh, Department of Defense, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: Europe, Asia, Germany, Russia, Norwegian, Kongsberg, Oshkosh, Forbes

☆ America's F-35 stealth fighters are going to be flying less as costs soar, watchdog finds
▼ + stars: | 2024-04-16 | by ( Jake Epstein | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Theodore BerganThe Pentagon's planned future use of the F-35, as well as the stealth aircraft's overall availability over the past few years, have both decreased. The GAO said it has consistently found that the F-35 fleet is not meeting availability and performance goals, even as projected costs for the program go up. The Pentagon "has pursued cost savings efforts and continues to look for new ways to reduce costs," the GAO explained in its report. However, it cautioned, "officials generally agree that these efforts are not likely to fundamentally change the estimated costs to operate the aircraft."

Persons: —, Theodore Bergan, Duncan Bevan, Lockheed Martin Organizations: Service, Pentagon, Office, Business, Department of Defense, Navy, Air Force, Marine Corps, Marine Corps Air, US Marine Corps, Staff, GAO, Force, US Central Command, US Air Force, Lockheed Locations: Point , North Carolina, Israel, Iranian

☆ Senator says Coast Guard used illegal agreements to silence sexual assault victims
▼ + stars: | 2024-04-08 | by ( Melanie Hicken | Blake Ellis | ) edition.cnn.com time to read: +4 min

CNN —US Coast Guard leaders illegally used nondisclosure agreements to prevent sexual assault victims from speaking out about their alleged attacks, according to a congressional inquiry sparked by a CNN report into sexual misconduct at the prestigious Coast Guard Academy. CNN reported last year that Coast Guard leaders had guarded the secrecy of the internal investigation to the point that officials with access to case materials had to sign non-disclosure agreements. “Requiring victims to agree not to discuss what happened to them is particularly reprehensible,” Sen. Ted Cruz wrote in a letter to the Coast Guard Sunday. Cruz’s letter is just the latest fall-out for the Coast Guard since the Fouled Anchor controversy broke last June. “This is a disservice to the survivors of rape and other sexual assaults at the Academy, whom the Coast Guard has already failed once,” he wrote.

Persons: Republican Sen, Ted Cruz, Adm, Linda Fagan, ” Cruz, Fagan, Cruz, ” Sen, Nathan Howard, Chris Murphy, ” Organizations: CNN, US Coast Guard, Coast Guard Academy, Academy from Congress, Republican, Coast Guard, Senate, Getty, Department of Homeland, Department of Homeland Security, Operation, GAO, Academy Locations: Connecticut

☆ The Baltimore bridge collapse raised questions about key safety features — experts say better ones may not have helped
▼ + stars: | 2024-03-27 | by ( Matthew Loh | Marianne Guenot | ) www.businessinsider.com time to read: +7 min

The Francis Key Bridge collapse has ignited debates about the safety of America's infrastructure. AdvertisementThe 984-foot container ship that caused the Francis Scott Key Bridge to collapse has raised questions about whether the structure could have been saved. AdvertisementAs the city grapples with the fallout, discussions have started to grow around the bridge collapse. A bridge engineering expert also pointed them out to the Sydney Morning Herald in an article discussing whether a similar bridge collapse could happen in Australia. Gao said that more robust protections "could have potentially prevented the bridge collapse."

Persons: Francis Key, —, Francis Scott Key, Dali, Donna Deegan, Colin Caprani, Mimi Gao, Donald O, Francis Scott Bridge, BRENDAN SMIALOWSKI, Wes Moore, Pete Buttigieg, Gao, Tim Broyd, Broyd Organizations: Service, Dolphins, Jacksonville, Dame, Sydney Morning Herald, Sunshine, Singapore Chamber of, Ships, New York Times, Getty, Maritime, Port Authority, Maryland Gov, University College London, UK's, of Civil Engineers, Engineers Locations: Singapore, Port, Baltimore, Florida, Australia, Port of Baltimore, AFP

☆ Meet the Americans who can't retire
▼ + stars: | 2024-03-23 | by ( Juliana Kaplan | ) www.businessinsider.com time to read: +12 min

More people over 65 are working as pensions disappear, people live longer, and Social Security benefits are seemingly always in peril. Business Insider spoke with several Americans of retirement age about why they are still trading their time for money. "I think older people become very invisible, and maybe it's going to take other older people to help heighten that visibility." On average, Americans who have pensions receive $25,000 annually from them; the average estimated annual Social Security benefit is $38,418 for 2024. Indeed, BI's analysis of retirement data has found that nearly 80% of retirees have Social Security income.

Persons: —, Marcia, I'm, hasn't, she's, Steve Biddle, he's, He's, he'll, Bill, Geoffrey Sanzenbacher, Sanzenbacher, they're, Debra Giarrusso, She's, didn't, I've, there's, Pam, Kurt Vonnegut's, David Certner, Certner, Rebecca, It's Organizations: Service, Business, Social Security, Behavioral Health, Disability, Aging, —, Boston College, Center for Retirement Research, Congressional Research Service, Ford Motor Company, AARP Locations: North Carolina, Connecticut, Philadelphia, America, Michigan

☆ Looking for leads, not love: Job seekers in China turn Tinder into a networking tool
▼ + stars: | 2024-03-17 | by ( Larissa Gao | Helen Chen | ) www.cnbc.com time to read: +3 min

Similar posts suggesting dating apps as a way to find jobs are not uncommon on Chinese social media. "By using dating apps, we can reach more people," Liang said. But with dating apps, you hang out with strangers for a couple of hours and they can already provide you with tons of their personal information." "I cannot believe people would even go on dating apps to find jobs," read one comment on Weibo, China's equivalent of X. Tinder users in China "are already very selective because the vast majority of users were pursuing degrees overseas," Zeng said.

Persons: Liang, Geng, Tinder, Romy Liu, Liu, Zoey Zeng, Zeng Organizations: NBC News Locations: Huaibei, East China's Anhui, China, Weibo, Hangzhou, Paris, France

☆ The cost of key US weapons like artillery shells for Ukraine is soaring
▼ + stars: | 2024-03-16 | by ( Michael Peck | ) www.businessinsider.com time to read: +6 min

The cost to maintain a weapon is more than twice the cost to build it, a GAO official said. Related storiesThe Army estimated that O&S costs for the Excalibur — first deployed in 2007 — had soared 183% since a baseline estimate in 2011. Still, all this does raise the question of whether higher maintenance costs for US military equipment at least partially result from problems with design and manufacturing. "We don't know the specific extent of O&S cost growth due to design problems or poor sustainment management," Maurer said. "In some respects, those problems could lower O&S costs because systems cannot fly, operate, or sail as often as planned.

Persons: —, Ukraine —, Diana Maurer, Maurer, Michael Peck Organizations: US Army, Service, GAO, DOD, Department of Defense, Army, Navy, Air Force, US Navy, Raytheon, YouTube, US, EA, Hornet, Navy Multiband, Tactical Mission, Warfighter, Pentagon, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: Ukraine, China, Forbes

☆ French lawmakers approve bill penalizing fast fashion
▼ + stars: | 2024-03-15 | by ( Oscar Holland | Reuters | ) edition.cnn.com time to read: +3 min

Reuters —France’s lower house of parliament on Thursday approved a bill seeking penalties on ultra-fast fashion products, sold by companies like China’s Shein, aimed at helping to offset their environmental impact. All voting lawmakers unanimously approved the bill, which will head to the senate before it can become law. Jade Gao/AFP/Getty ImagesThe bill comes as the French environmental ministry said it would propose a European Union ban on exports of used clothes, in a bid to tackle the worsening problem of textile waste. At the time, the country’s ministry of ecology said that French people throw away 700,000 tons of clothes — two-thirds of which ends up in landfills — each year. Among the world’s most polluting industries, fashion accounts for between 3% and 5% of global carbon emissions, according to consultancy McKinsey’s State of Fashion report.

Persons: CNN Shein, Christophe Béchu, Jade Gao Organizations: Reuters, CNN, Workers, Getty, McKinsey’s State Locations: Zara, China's, Guangdong, AFP, McKinsey’s

☆ Air defense for $13 a shot? How lasers could revolutionize the way militaries counter enemy missiles and drones
▼ + stars: | 2024-03-13 | by ( Brad Lendon | ) edition.cnn.com time to read: +6 min

And it is claimed it also take out its targets for a tiny fraction of what current air defense missiles cost. In contrast, the Standard Missile-2 used by the United States Navy for air defense costs more than $2 million per shot. The DragonFire laser weapon is tested in January on a British firing range. UK Defense Ministry“It has the potential to be a long-term low-cost alternative to certain tasks missiles currently carry out,” a January statement from the UK Defense Ministry said. Meanwhile expensive air defense systems from Western allies have been crucial to Ukraine’s ability to defend itself from attacks by Russian missiles and drones.

Persons: “, ”, Houthi, Leon Neal, ” James Black, DragonFire, Black, Grant Shapp, Iain Boyd, Boyd, Fred Pyle, ” Shimon Fhima Organizations: CNN, United Kingdom’s Defense Ministry, Defense Ministry, UK Defense Ministry, The Defense Ministry, United States Navy, ExCel, Getty, RAND, ”, Center for National Security, University of Colorado, Navy, Warfare, Breaking Defense, US Navy, Office, DOD Locations: Britain, Scotland, Ukraine, Gulf of Aden, Russian, London, England, RAND Europe, Ponce, Persian, USS Portland

☆ Continuing resolutions are a silly way to run a government, but we do it every year
▼ + stars: | 2024-03-02 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +8 min

October 1 has been the official kickoff date for the federal fiscal year since 1977. Lawmakers have passed at least one continuing resolution in all but three of the years in the nearly half-century since. Instead, they will wrap the spending bills into larger packages – frequently called an “omnibus” that is passed in December or later. In 1997, for instance, there was no CR, but the spending bills were all passed together as an omnibus. Don’t hold your breath for them to get the 2025 spending bills done on time.

Persons: ”, Joe Biden, haven’t, Maya MacGuineas, CNN’s Tami Luhby, arrearages, Biden, What’s, Mike Johnson Organizations: CNN, CRs, Journalists, Senate, Lawmakers, Congressional Research Service, GAO, Federal, WIC, Budget, Low Income, Energy Assistance, National Energy Assistance, Association, Partnership for Public Service, Democratic, Capitol Hill, Agriculture, FDA, Commerce, Justice, Science, Energy, Water, Veterans Affairs, Transportation, Housing, Urban Development, Defense, Financial Services, General Government, Homeland Security, Labor, Health, Human Services, Foreign Locations: Washington, State

☆ AI startup Glean lures Citigroup as investor at $2.2 billion valuation after revenue quadruples
▼ + stars: | 2024-02-27 | by ( Jordan Novet | ) www.cnbc.com time to read: +3 min

Arvind Jain, co-founder and CEO of Glean, makes a selfie with employees of the startup, which is based in Palo Alto, Calif. Artificial intelligence startup Glean attracted tech companies Databricks and Workday into its latest investment round. Glean, whose software sifts through corporate repositories to provide quick answers to workers' questions, said Tuesday that it's raised $200 million at a $2.2 billion valuation. Glean's annualized revenue at the end of January was $39 million, up from $10 million a year earlier. While Glean initially targeted the tech industry, it's now looking to expand in financial services, retail, manufacturing and other sectors, Jain said.

Persons: Arvind Jain, it's, Kleiner Perkins, Arvind Purushotham, OpenAI, Jain, Glean, Purushotham, Citi hasn't, Cathy Gao Organizations: Wall, Banking, Citigroup, Lightspeed, Sequoia, Citi Ventures, CNBC, Microsoft, Google, Sony Electronics, Citigroup's, Citi, Nvidia, Sapphire Locations: Palo Alto, Calif, LLMs, OpenAI, Glean

☆ Nvidia is the bellwether for generative AI demand, says Sapphire Ventures' Cathy Gao
▼ + stars: | 2024-02-22 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNvidia is the bellwether for generative AI demand, says Sapphire Ventures' Cathy GaoCathy Gao, Sapphire Ventures partner, joins 'Squawk Box' to discuss Nvidia's quarterly earnings results, what it means for the AI ecosystem at large, and more.

Persons: Cathy Gao Cathy Gao Organizations: Nvidia, Sapphire, Sapphire Ventures

☆ What is Lunar New Year? A 2024 guide to the Year of the Dragon
▼ + stars: | 2024-02-07 | by ( Maggie Hiufu Wong | ) edition.cnn.com time to read: +8 min

Whether you’re unfamiliar with Lunar New Year or need a refresher, this guide will highlight some of the most common traditions associated with the occasion. Tourists visit a Lunar New Year Lantern Festival in Shanghai on January 21, 2024. Though incredibly complex, the Chinese zodiac calendar is best described as a 12-year cycle represented by 12 different animals, in this order: Rat, Ox, Tiger, Rabbit, Dragon, Snake, Horse, Goat, Monkey, Rooster, Dog and Pig. Festive cakes and puddings are made on the 24th day of the last lunar month (February 3 in 2024). Day 3: Visit a templeDay three of the Lunar New Year (which falls on February 12 in 2024) is named “chi kou/cek hau,” or red mouth.

Persons: Sui, ”, Nian, gao ”, You’ll, It’s, warding, kou, cek hau, it’s, Yuan Xiao Jie, Yuan, Xiao Organizations: Hong Kong CNN, Lantern, fai chun, Visitors Locations: Hong Kong, Shanghai, China, Asia, Malaysia

☆ China appoints 'Broker Butcher' Wu Qing as new chairman of securities regulator
▼ + stars: | 2024-02-07 | by ( Ruxandra Iordache | ) www.cnbc.com time to read: +1 min

BEIJNG, CHINA - NOVEMBER 13: Illuminated skyscrapers stand at the central business district at sunset on November 13, 2023 in Beijing, China. (Photo by Gao Zehong/VCG via Getty Images)China's cabinet on Wednesday appointed markets veteran Wu Qing as chairman of the China Securities Regulatory Commission, state media Xinhua said, replacing Yi Huiman to navigate Beijing through the turbulent waters of a market downturn. Nicknamed the "Broker Butcher" for his crackdown on traders, Wu was previously the acting vice mayor of China's major financial hub Shanghai and served nearly two years as chairman of the Shanghai Stock Exchange. His predecessor Yi took the mantle of the CRSC in 2019, tasked to undertake a spate of sweeping capital markets reforms. Wu's appointment comes on the footsteps of the CSRC over the past two weeks announcing new supportive policies to stabilize and revitalize China's stricken stock market, which has become a casualty of volatility in the property sector and widespread investor pessimism over the outlook for the world's second-largest economy.

Persons: Gao Zehong, Wu Qing, Yi Huiman, Wu, Yi Organizations: Getty, China Securities Regulatory Commission, Xinhua, Shanghai Stock Exchange Locations: BEIJNG, CHINA, Beijing, China, Shanghai

☆ Asia markets poised for mixed open as they kickstart holiday-shortened week; central bank decisions in focus
▼ + stars: | 2024-02-05 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +1 min

Jade Gao | Afp | Getty ImagesAsia-Pacific stocks were set for a mixed open as they kickstart a holiday-shortened trading week for some markets. Investors will watch out for key central bank decisions this week, especially from the Reserve Bank of Australia on Tuesday and the Reserve Bank of India on Thursday. On Monday, private surveys on service sector activity will be released from China and Hong Kong. Hong Kong's Hang Seng index is also set to fall, with futures at 15,412 compared to the HSI's close of 15,533.56. China, Taiwan, South Korea, Singapore, and Hong Kong will all see shortened trading weeks as the Lunar New Year approaches.

Persons: Jade Gao, Hong Organizations: Central Business District, Afp, Getty, Investors, Reserve Bank of Australia, Reserve Bank of India, Nikkei Locations: Beijing, Asia, Pacific, China, Hong Kong, Singapore, Thailand, Australia, Chicago, Osaka, Taiwan, South Korea

☆ US Needs to Build Marshall Islands' Trust Over Cold War Nuclear Dump -US Agency
▼ + stars: | 2024-01-31 | by ( Jan. | At P.M. | ) www.usnews.com time to read: +2 min

The U.S. conducted 67 nuclear bomb tests on the Marshall Islands from 1946 to 1958. In the late 1970s it deposited radioactive soil and debris from six of the islands into an unlined crater created by one of the tests. The Department of Energy, which in the report concurred with the recommendation, did not immediately respond to a request for comment. The Marshall Islands embassy in Washington did not immediately respond to a request for comment. It also examines radioactive contamination in Greenland resulting from U.S.

Persons: Timothy Gardner WASHINGTON, Tom Carper, Timothy Gardner, David Brunnstrom, Leslie Adler Organizations: U.S, Office, U.S . Congress, RMI, Department of Energy, DOE, GAO, Marshall, Democrat Locations: U.S, Republic, Marshall, Washington, Spain, Greenland

☆ Workers are paying to get part of their paychecks early. It's 'payday lending on steroids,' one expert says
▼ + stars: | 2024-01-28 | by ( Greg Iacurci | ) www.cnbc.com time to read: +12 min

Fotostorm | E+ | Getty ImagesMillions of American workers are paying for early access to their paychecks. So-called "earned wage access" programs, which operate either directly to the consumer or through employers, let workers tap a portion of their wages before payday, often for a fee. Earned wage access has gotten more popularEarned wage access goes by various names: daily pay, instant pay, accrued wage access, same-day pay and on-demand pay, for example. "It's another version of payday loans," Monica Burks, policy counsel at the Center for Responsible Lending, a consumer advocacy group, said of earned wage access. However, a recent study by the U.S. Government Accountability Office found that earned wage access products "generally cost less than typical costs associated with payday loans."

Persons: it's, Marshall Lux, Lux, hasn't, Cherie Chung, EarnIn, MoneyLion, Monica Burks, —, Thad Peterson, There's, EWA, Peterson, Harvard's, we're, Stacy Greiner, Dave, Ben LaRocco, Miranda Margowsky, Margowsky, Atif Siddiqi, Siddiqi, Safwan Shah, Shah, doesn't, Harvard's Chung Organizations: Harvard University, Finance, Harvard Kennedy School, Lux, Harvard, Hilton, Uber, Walmart, Companies, Center for, California Department of Financial Protection, Center for Responsible, U.S, Government, Office, GAO, Datos, Commerce, Economic, Financial Technology Association Locations: Kroger, McDonald's, California, Vermont

☆ Paris Couture Week: The most eye-catching looks from the haute couture shows
▼ + stars: | 2024-01-26 | by ( Fiona Sinclair-Scott | Nicole Mowbray | ) edition.cnn.com time to read: +5 min

CNN —How do you begin to talk about something as seemingly frivolous as haute couture fashion against the tumult of today? The bi-annual couture shows in Paris are a showcase of bold ideas from the best fashion designers working today, crafted by some of the world’s most skilled artisans. Practical pockets, but make it Chanel coutureA delicate sheer pocket seen at Chanel's haute couture show. ValentinoWhile there was razzamatazz on the front row courtesy of Stormi Webster, Kylie Jenner’s five-year-old daughter, who made her front row debut, Valentino’s couture collection incarnation was relatively understated. Raw elegance at Maison MargielaJohn Galliano's couture collection for Maison Margiela was fantastical and theatrical, fittingly taking place under the first full moon of the year.

Persons: Chanel, ”, Schiaparelli, Giovanni Giannoni, Jennifer Lopez, Zendaya, Pat McGrath, Pascal Le Segretain, Margaret Qualley, Pieter Mulier, Valentino, Stormi Webster, Kylie Jenner’s, Gaurav Gupta Gaurav, Thomas Samson, Guarav Gupta, Kim Jones, Karl Lagerfeld's, Peter White, Karl Lagerfeld’s, Victor Virgile, Maison, Maison Margiela John Galliano's, Maison Margiela, Gao Jing, John Galliano, Gwendoline Christie, John Galliano's, Martin Margiela, Gwendoline Christie sauntering Organizations: CNN, Paris Couture, Spring, Petit Palais, Maison Margiela, Zuma Press Locations: Paris, Chanel, AFP, Xinhua

☆ 'It's really bad': China strategist warns of deflation and rock-bottom consumer confidence
▼ + stars: | 2024-01-23 | by ( Ruxandra Iordache | ) www.cnbc.com time to read: +3 min

BEIJNG, CHINA - NOVEMBER 13: Illuminated skyscrapers stand at the central business district at sunset on November 13, 2023 in Beijing, China. The economy here is bad, it's pretty ... it's really bad. In December, depressed prices for pork — which makes up around a fifth of China's CPI basket — heralded the possible advent of deflation. The decision comes amid infectious expectations among investment banks that China's economy will expand at a more sluggish pace in 2024. Despite this, the International Monetary Fund in November outlined a forecast for China's growth to slow in 2024 to just 4.6%.

Persons: Gao Zehong, it's, I've, Shaun Rein, CNBC's, Rein, Li Qiang, Li Organizations: Getty, China Market Research Group, CPI, People's Bank of China, Economic, International Monetary Fund Locations: BEIJNG, CHINA, Beijing, China, Davos, Switzerland

☆ A helicopter trip to a Coldplay concert lands a world leader in trouble
▼ + stars: | 2024-01-23 | by ( Larissa Gao | ) www.cnbc.com time to read: +4 min

PERTH, AUSTRALIA - NOVEMBER 18: Chris Martin of Coldplay performs on stage at Optus Stadium on November 18, 2023 in Perth, Australia. Villavecer said he left home seven hours before the concert in a carpool with other fans in order to avoid anticipated traffic jams. The leader of the Philippines has landed himself in trouble after using a presidential helicopter to bypass heavy traffic and make it to a Coldplay concert. MANILA, PHILIPPINES - JANUARY 10: Philippine President Ferdinand Marcos Jr. at Malacanang Palace on January 10, 2024 in Manila, Philippines. "We've seen some traffic, but I think you have the number one in the world," he said.

Persons: Chris Martin, Coldplay, Paul Kane, Villavecer, Nick Villavecer, Marcos, Ferdinand Marcos Jr, Ezra Acayan, Major General Nelson Morales, Morales, Renato Reyes Jr, Reyes, We've, Martin, concertgoers, it's, Mikaela Lopez Organizations: Optus, NBC, Philippine, Coldplay, Presidential Security Command, Manila, Philippine Department of Transportation Locations: PERTH, AUSTRALIA, Perth, Australia, Manila, Philippines, MANILA, PHILIPPINES, Malacanang, New York City, U.S

☆ Why More Chinese Are Risking Danger in Southern Border Crossings to U.S.
▼ + stars: | 2023-12-03 | by ( Li Yuan | More About Li Yuan | ) www.nytimes.com time to read: +1 min

Gao Zhibin and his daughter left Beijing on Feb. 24 for a better life, a safer one. By the time they touched American soil in late March, Mr. Gao had lost 30 pounds. The most harrowing part of their journey was trekking through the brutal jungle in Panama known as the Darién Gap. Mr. Gao said he thought she might have drunk dirty water. Dragging themselves through the muddy, treacherous rainforests of the Darién Gap, they took a break every 10 minutes.

Persons: Gao Zhibin, Gao, ”, Xi, “ Organizations: Mr Locations: Beijing, Panama, China, U.S

☆ China new home prices inch up for third month in November - survey
▼ + stars: | 2023-12-01 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Jason Lee/File Photo Acquire Licensing RightsBEIJING, Dec 1 (Reuters) - China's new home prices rose slightly for a third straight month in November, a private survey showed on Friday, as the crisis-hit property sector struggles to stabilise despite a slew of government support measures. Prices rose 0.05% on average from the previous month after gains of 0.07% and 0.05%, according to the survey by real estate research firm China Index Academy. Government support for the property sector in recent months has included easing curbs on home purchases and cutting mortgage costs. A Reuters poll on Wednesday found expectations for 1% growth in new home prices next year, little changed from an August poll. "Beijing is turning more proactive to stabilise growth and the new dual-track housing model may help stabilise the property sector in the coming quarters," HSBC said on Thursday.

Persons: Jason Lee, Liangping Gao, Ryan Woo, William Mallard Organizations: REUTERS, Rights, China Index Academy, Index Academy, HSBC, Thomson Locations: Beijing, China, Rights BEIJING

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