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☆ The next North Korea crisis could come this year
▼ + stars: | 2024-05-21 | by ( Chris Panella | ) www.businessinsider.com time to read: +6 min

Read previewTensions are flaring between North Korea and South Korea, and it could lead to conflict sooner rather than later. If such a clash between North Korea and South Korea occurred, it could quickly spiral into wider conflict. SOPA Images via Getty ImagesA notable shift came earlier this year, when North Korea declared South Korea "our principal enemy" and threatened to "thoroughly annihilate" it along with the US if provoked. The move was alarming and likely partially influenced by the Yoon administration's harder stance against North Korea than South Korea's previous president, Moon Jae-in. Military members salute during a military demonstration involving tank units in North Korea.

Persons: —, Sue Mi Terry, Terry, Yoon Suk, Yoon, Kim Jong, Kim's, Moon Jae, Victor Cha, Andy Lim, Biden, Joe Biden, Donald Trump, Kim, Allison Hooker, Hooker Organizations: Service, South Korea's, Council, Foreign Relations, Foreign Affairs, Business, US, North, National Reunification, Government, KCNA, Reuters, Center for Strategic, Studies ' Capital, CSIS, REUTERS Times, Trump, National Security Council Locations: Korea, South Korea, North Korea, Korean, South, Japan, Asia, CSIS Korea, Hanoi, Russia, China, Ukraine, Taiwan

☆ Bob Menendez: Trump circus overshadows senator’s corruption trial
▼ + stars: | 2024-05-21 | by ( Gregory Krieg | ) edition.cnn.com time to read: +8 min

So it goes for Menendez, who is likely pleased to have his legal drama playing out in relative obscurity. More recently, Fetterman mocked the senator’s defense, which relies in part on pointing the finger of blame on Nadine Menendez, his wife. Republicans in Washington, as they’ve done during these first two weeks of the Menendez trial in New York, have been consistently deferential to the New Jersey Democrat. Rep. Andy Kim, a popular Democrat from South Jersey, is expected to win the nomination to succeed Menendez. Andrew Giuliani, pressed for a thought on the senator’s trial or the allegations against him, shrugged.

Persons: New York CNN — Andrew Giuliani, Donald, ”, Rudy Giuliani squinted, “, ” He’s, Sen, Bob Menendez’s, –, Michael Cohen, Daniels, Menendez, Trump, Donald Trump Jr, Attorney Alvin Bragg, Ronny Jackson, Bob Costello, Pam Bondi, Missouri Sen, Eric Schmitt, Matt Whitaker, Sebastian Gorka, Gov, Dan Patrick, Jackson, María Elvira Salazar, Troy Nehls, Dale Strong, Daniel Webster of, Vladimir Putin’s, Cory Booker, Chuck Schumer, John Fetterman, George Santos, Fetterman, Nadine Menendez, ” Fetterman, Jake Tapper, Mitch McConnell, ” North Dakota Sen, Kevin Cramer, he’s, Andy Kim, Andrew Giuliani, haven’t, ” CNN’s Sabrina Souza Organizations: New, New York CNN, New York, Manhattan Criminal, Court, Republican, Democrat, The New, The New Jersey Democrat, Foreign Relations, Trump, Democratic, Manhattan, Attorney, Texas, Dale Strong of, Pennsylvania Democrat, New York Rep, “, Union, ”, Republicans, New Jersey Democrat, Democrats, GOP, ” North, Politico Locations: New York, Lower Manhattan, Manhattan, The, The New Jersey, Menendez’s, Florida, Sebastian Gorka , Texas, María Elvira Salazar of Florida, Texas, Dale Strong of Alabama, Daniel Webster of Florida, North Korea, Vladimir Putin’s Russia, New Jersey, Pennsylvania, Washington, Egypt, ”, “ State, Israel, ” North Dakota, South Jersey, New York City

☆ Jamie Dimon might finally be ready to call it quits
▼ + stars: | 2024-05-21 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

The big storyA retirement loomsMarianne Ayala/BIThe world's most recognizable banker might finally be ready to call it quits. The comings and goings of Wall Street executives are common, even at the highest levels. Wall Street has long speculated about who will ultimately succeed Dimon. Martin Gruenberg has told staff he'll stand down as chairman once a replacement has been found , per The Wall Street Journal. A report from the Wall Street Journal says the company hopes to conduct its next implant in June.

Persons: —, Jamie Dimon's, Marianne Ayala, Jamie Dimon, Insider's Paul Squire, nodded, Morgan Stanley, JPMorgan's, Tom Williams, Dimon, Jennifer Piepszak, Marianne Lake, Troy Rohrbaugh, BI's Reed Alexander, Reed, M, Alyssa Powell, Goldman Sachs, Lindsay MacMillan, Nancy Lazar, Piper, Martin Gruenberg, OpenAI, Scarlett Johansson, Sam Altman's, Andrea Chronopoulos, they're, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Service, Navy SEAL, Business, JPMorgan, Street, Citi, Bank, Inc, Getty, Wall, Dimon, Bank of America, FDIC, Microsoft, Wall Street Journal Locations: New York, London

☆ Why Jay Powell really wants to lower interest rates this September
▼ + stars: | 2024-05-20 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +9 min

It’s interesting to me that the equity market is cheering the idea that the Fed is going to be cutting rates. There tends to be a fine line between cutting rates and extending the economic cycle or cutting rates because the cycle is coming to an end (and the economy is softening). When the Fed is cutting rates, it’s cutting rates because a recession is about to happen, right? That’s why I say there’s a fine line between the Fed cutting to extend the cycle and the Fed cutting because a recession is about to happen. The Fed has been in this precarious space where they’re trying to avoid recession while lowering interest rates.

Persons: Dow, stoking, Bell, Tom Porcelli, Jerome Powell, Jay Powell, they’re, that’s, Donald, Goofy, Eva Rothenberg, Mickey Mouse, Snow White, Captain Hook, ”, Kate Shindle, “, Uber, Lyft, Jamie Long, Read Organizations: CNN Business, Bell, New York CNN — Markets, Federal Reserve, Fed, ’ Equity Association, Equity, National Labor Relations Board, Disneyland, Disney, ’ Equity, Walt Disney Company, Uber, Democratic, Minneapolis City Council Locations: New York, Anaheim , California, Minnesota, Minneapolis

☆ Meet WiFi Money: Wealthy Finance Influencers Who Infuriated Investors
▼ + stars: | 2024-05-19 | by ( Rob Price | ) www.businessinsider.com time to read: +26 min

The Texas couple were staring down more than $100,000 in debt, much of which they had poured into WiFi Money. Those who give their money to WiFi Money are often encouraged to sign up other people in return for a cut of their profits — and perhaps, one day, a chance to become part of the WiFi Money crew. As the money poured in, WiFi Money gained a patina of mainstream credibility. AdvertisementThrough WiFi Money, Moeller and Frederick had created a virtuous cycle of money and influence. The same month investors took WiFi Money to court over the stores, DBC announced it was closing down.

Persons: Alex Moeller, influencer, Jasmine Sadry, Joey Martin, Martin, Moeller, Chris Frederick, Casa Moeller Martinez, MentorCI, Kim Kardashians, Gary Vee, Uber, Etsy, Farnaz Ghaedipour, Frederick, Jay Gatsby, Scott Fitzgerald's, Brandon Celi, There's, Billy, Chris Casey, There's Todd Cahill, Liz Friesen, Tana Mongeau, Kardashian, —, James Ragano, BI Moeller, wouldn't, Kyle McDougal, Sadry, Kyncey, McDougal, hustlers, Kevin O'Leary, Jordan Belfort, Ronaldinho, Glenn Beck, I've, he'd, Daemon, I'm, they'd, It's, Chris Costello, Francis, Ashley, Costello, Gatsby, Casey, Avery Williamson, Victor Bermudez, DBC, They're, Instagram, Rolex Submariner Organizations: WiFi, Lamborghini, McLaren, Fox News, YouTube, Invest, Stanford University, PBS, BI, Social, Yahoo Finance, Business, Times, Piccadilly Circus, Fort, DMs, Kyncey Investments, Amazon, Kyncey, Investors, CNN, Fox Business, Big Tech, Florida Tropics Soccer Club, Royce, WiFi Money, Federal Trade Commission, WifiMoney, IRS, NFL, Dallas, Rolex Locations: Instagram, Mexico, Texas, Dallas, Quito, Ecuador, @amoeller, Florida, pecs, Maryland, Europe, Illinois, Mita, Burj, Fort Worth, dropshipping, Brazilian, New York City, ensconced, Minnesota, Los Angeles, Munich

☆ US and Philippine Marines train in seizing and defending key terrain near Taiwan's south coast in a show of force against China
▼ + stars: | 2024-05-16 | by ( Drew F. Lawrence | ) www.businessinsider.com time to read: +7 min

They were operating in Northern Luzon and the Batanes Islands, Philippine territory north of the mainland — key terrain for a potential conflict with China. The mission, known as maritime key terrain security operations, or MKTSO, was practice for that conflict, but had real-world implications. It was a show of force headed by elements of the Marine Corps ' newest Pacific-oriented unit: the Marine littoral regiment, or MLR. AdvertisementUS Marines prepare to load onto a UH-60 Black Hawk for the maritime key terrain security operations event at Paredes Air Station, Philippines. Malia SparksThose units were joined by a rifle company, also a joint-nation element, with the ability to seize and defend key terrain in the event of conflict.

Persons: —, Army Chinooks, Cpl, Malia Sparks, Maj, Robert Patterson, Military.com, Mark Lenzi, Lenzi, Patterson, Marine corporals Organizations: Service, Marine Corps, Business, Philippine Marines, Army, UH, Paredes Air, US Marine Corps, Philippine Marine, US Army UH, 3rd, Combat, Marines, Enhanced, US Army CH, Marine, United Locations: Taiwan, Northern Luzon, Philippine, China, Philippines, Itbayat, United States

☆ I've flipped burgers and hauled packages, but I didn't realize how bad hourly service jobs were until I got a 9-to-5 office job
▼ + stars: | 2024-05-14 | by ( Jane Zhang | ) www.businessinsider.com time to read: +8 min

So I got a job at a shipping company handling packages because I needed health insurance. AdvertisementAt the shipping company, it felt like management had the mindset that if we could be somewhere else, we would be there. It also makes the work feel more meaningful by scratching the itch in the creative side of my brain. You don't get that same sense of being "in the dirt" together when you're working a corporate job. Sometimes, there's that sentiment in office jobs, too, but it's a different kind of dirt when you're working these physical labor jobs.

Persons: —, Justin Jordan, I've, I'd, We've, couldn't, — there's, Kristen Davis, Jane Zhang Organizations: Service, Business, NBC4 Locations: NBC4, janezhang@businessinsider.com

☆ An Iowa sheriff's department spent some of its $600K income from jail fees on a cotton-candy machine and laser tag: lawsuit
▼ + stars: | 2024-05-14 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +4 min

Read previewCivil rights groups initiated a class-action lawsuit on Monday, accusing an Iowa sheriff's department and its sheriff of unlawfully collecting jail fees and using some of the proceeds to fund laser tag, ice cream, and a cotton candy machine. Laser tag, ice cream, and cotton candy machinesAccording to the lawsuit, the policy is a money maker for Black Hawk County Sheriff's Office. It said that the department collected $590,217.36 in jail fees between July 2021 to July 2023. AdvertisementSome counties don't collect jail fees at all because they see the practice as unfair, the ACLU and Public Justice said in a joint statement. In the joint statement by the ACLU and Public Justice, Roberts said she wanted to take a stand against the practice.

Persons: —, Tony Thompson, Rita Bettis Austen, Sheriff Thompson, Raymond, Leticia Roberts, Roberts, Charles Moore Organizations: Service, Business, Court, Nothern District of, American Civil Liberties Union of Iowa, Public, Sheriff's, ACLU, Public Justice Locations: Iowa, Hawk, Nothern District, Nothern District of Iowa

☆ A US Navy supply ship was run aground by a distracted junior officer after the ship's captain left to eat dinner, investigation reveals
▼ + stars: | 2024-05-13 | by ( Konstantin Toropin | ) www.businessinsider.com time to read: +4 min

Read previewA Navy supply ship was run aground by a junior officer off the coast of Bahrain shortly after the ship's master — or captain — left the bridge to eat dinner, an investigation revealed. The master took the ship there and then went to eat dinner, leaving the ship in the hands of a much more junior third officer. Less than 30 minutes later, the Alan Shepard was grounded on a shoal. An MH-60S Sea Hawk approaches the Lewis and Clark-class dry cargo and ammunition ship USNS Alan Shepard. Sailors aboard guided-missile destroyer USS Spruance hold the phone and distance line during a replenishment-at-sea with dry cargo ship USNS Alan Shepard.

Persons: —, Alan Shepard, Lewis, Clark, James Hong, Military.com, Alan Shepard's, Spruance, Taylor Crenshaw, Arleigh Burke, Andrew Langholf, Howard, Cmdr, Kenji Igawa Organizations: Service, Navy, Business, US Navy, US Coast Guard, Halsey Locations: Bahrain, Bali, Indonesia

☆ The US military isn't ready for the coming drone war
▼ + stars: | 2024-05-11 | by ( Jake Epstein | ) www.businessinsider.com time to read: +18 min

The Department of Defense is working on initiatives to face the drone threat, but the US military doesn't yet appear ready to confront this ever-evolving challenge, especially on the scale seen in Ukraine. AdvertisementA US military MQ-9 Reaper drone waits for take-off at Kandahar Air Base in Afghanistan on March 9, 2018. US military leaders have repeatedly stressed there's no silver bullet to defeat small drones in battle. Shellie HallStudents there spend several weeks learning how to identify, engage, and defeat small drones. The drone threat draws certain parallels to fighting in Iraq and Afghanistan, where hidden bombs posed a tremendous threat.

Persons: GENYA SAVILOV, Mick Ryan, hasn't, you've, Franz J, Marty, Samuel Bendett, Paul Scharre, that's, Mike Parent, Mark Schauer, Parent, Paul Butcher, Cpl, Doug Bush, Amber Osei, Moseph Sauda, doesn't, Sauda, America's, Bram Janssen, Scharre, Justin Bronk, Jack Watling, Ryan Organizations: Business, Troops, of Defense, Department of Defense, Getty, Australian Army, Islamic State, Kandahar Air Base, Defense Ministry, Karabakh . Defense Ministry, Azerbaijan, AP, Pentagon, US Army, Aircraft Systems, Solutions, 71st Jaeger Brigade, US Army Yuma, Technology, Army, sUAS University, US Marine Corps, Force, Central Command, Shellie, National Training Center, US Army Air Defense Artillery, Center, New, New American Security, Base, London's Royal United Services Institute Locations: Russian, Ukrainian, Ukraine, prowling, Jordan, Chasiv Yar, Donetsk, AFP, Afghanistan, Armenia, Azerbaijan, Russia, Nagorno, Karabakh, Avdiivka, Yuma, East, Oklahoma's Fort Sill, California, Fort Sill, China, Luhansk Region, Europe, Iran, New American, Iraq, Washington, Bagram, Kabul, Australian

☆ A hiker discovered a wealthy traveler's remains on a skiing glacier in Switzerland. They turned out to be 400 years old.
▼ + stars: | 2024-05-09 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +11 min

A hiker discovered the 400-year-old remains of a wealthy man on a glacier in the Swiss Alps. © Valais History Museum, Sion; Michel MartinezAll these items dated to around 1600 AD. Archaeologists uncover mule bones on the Theodul glacier in Switzerland, near Zermatt. © Valais History Museum, Sion; Michel MartinezHe wasn't a soldier-for-hire after all, a 2015 paper concluded. Andenmatten steps out of a freezer where artifacts are stored in the basement of the Valais History Museum archives.

Persons: Michel Martinez, They're, Pierre, Yves Nicod, Nicod, Ambroise Héritier, Morgan McFall, Johnsen, Sophie Providoli, It's, you've, haven't, Philippe Curdy, Romain Andenmatten, Spain's, Emilio Morenatti, Paul HANNY, Ötzi, Andenmatten Organizations: Service, . Business, Business, AP, Johnsen Archaeologists Locations: Swiss, Switzerland, Italy, Valais, Sion, du Valais, Zermatt, Germany, Aosta, Russia, Vilanova, Sau, Catalonia, Spain, Florida, Austria

☆ US Air Force team airlifts critically ill passenger from Carnival Venezia in open Atlantic waters
▼ + stars: | 2024-05-08 | by ( Forrest Brown | ) edition.cnn.com time to read: +2 min

CNN —A US Air Force rescue team airlifted a civilian passenger needing urgent medical care this past weekend from a Carnival cruise ship that was hundreds of miles out in open Atlantic waters. The dramatic May 4 medical rescue involved three helicopter air-to-air refuelings to reach the Carnival Venezia, according to a news release from the 920th Rescue Wing. The mission was carried out by two HH-60G Pave Hawk helicopters, two HC-130J Combat King II aircraft and two teams of rescuers. When the aircraft arrived, rescuers were hoisted down from the helicopters and began preparing the patient for transport, the release said. Neither the 920th Rescue Wing nor the cruise line had further information about the patient’s condition or where he was taken for treatment.

Persons: ”, Dylan Gann, CNN’s Karla Cripps Organizations: CNN, US Air Force, Carnival Venezia, 920th Rescue Wing, Venezia, Patrick Space Force, HC, 130J, King, HH, U.S . Department of Defense, 920th, Wing, 301st Rescue Squadron, ” Carnival, CNN Travel, Air Force, US Coast Guard Locations: New York City, Bahamas, Caribbean, Florida, New York

☆ Israel is retiring its Patriot missile batteries. They could help a struggling Ukraine.
▼ + stars: | 2024-05-02 | by ( Paul Iddon | ) www.businessinsider.com time to read: +7 min

Israel has never been impressed with the US-made Patriot air defense system. AdvertisementIsrael has never been satisfied with its version of the Patriot air defense system that Ukraine views as essential to its survival. AdvertisementA Patriot air defense system test-fired during a training in Chania, Greece, on November 8, 2017. Israel previously refused a US request for its vintage Hawk missiles, long in storage and out of service, for Ukraine. Jordan requested the US deploy a Patriot missile on its soil in October and helped intercept the Iranian barrage on April 13.

Persons: Israel, —, Israel wouldn't, Ryan Bohl, RANE, Israel isn't, Bohl, Anthony Sweeney, US Army Federico Borsari, Borsari, it's, Jordan Organizations: Scud, Patriots, Service, Israel, Patriot, East, US Army, Center for, Patriot PAC, Patriot's PAC, Analysts, United Arab, Israeli PAC Locations: Israel, Ukraine, Iran, Iraq, Syria, Iraqi, Russia, North Africa, Chania, Greece, United States, Jordan, United Arab Emirates, Bahrain, Saudi Arabia

☆ Cramer says not to second-guess Fed Chief Powell after Wednesday's remarks
▼ + stars: | 2024-05-01 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

CNBC's Jim Cramer told investors to take Federal Reserve Chief Jerome Powell at his word when he said on Wednesday that it's unlikely there's a rate hike on the horizon, even as inflation remains stubborn. Although Powell's comments calmed many on Wall Street, Cramer said it's likely investors will become anxious again ahead of employment data set to be released Friday. Even though Powell didn't suggest there will be a rate cut in the near future, Cramer stressed that he managed to take "the dreaded rate hike scenario off the table." The Fed also decided it would slow the price of bond sales, which Cramer said is a "dovish sign." He just thinks that inflation will gradually go away on its own, making him more of a dove than a hawk," Cramer said.

Persons: CNBC's Jim Cramer, Jerome Powell, Cramer, Jay Powell — He's, Powell Organizations: Federal

☆ Mali Claims Death of Terrorist Who Helped Lead Deadly Ambush in Niger
▼ + stars: | 2024-04-30 | by ( Ruth Maclean | More About Ruth Maclean | ) www.nytimes.com time to read: 1 min

Mali said on Monday that it had killed a high-value Islamist commander who helped lead a 2017 attack in which four American and four Nigerien soldiers were killed alongside an interpreter. The U.S. State Department had put a $5 million bounty on the head of the commander, Abu Huzeifa — a member of an affiliate of the Islamic State — after his participation in an attack in Tongo Tongo, Niger, on American Green Berets and their Nigerien comrades. At that time, the attack was the largest loss of American troops during combat in Africa since the “Black Hawk Down” debacle in Somalia in 1993. In a post on social media on Monday, Mali’s armed forces said that on Sunday they had “neutralized a major terrorist leader of foreign nationality during a large-scale operation in Liptako” — a tri-border region that contains parts of Mali, Burkina Faso and Niger.

Persons: Abu Huzeifa —, — Organizations: Nigerien, U.S . State Department, Islamic, American Green Berets Locations: Mali, Tongo Tongo, Niger, Africa, Somalia, Liptako, Burkina Faso

☆ Israel's strike showed Iran's air defenses were 'woefully unprepared.' Here's what Tehran may do next.
▼ + stars: | 2024-04-29 | by ( Paul Iddon | ) www.businessinsider.com time to read: +6 min

The incident in the city of Isfahan may force Tehran to upgrade its air defenses, possibly from more advanced Russian systems, to defend itself from the possibility of larger Israeli missile attacks. While Iranian air defenses failed to stop Israel's strike they have hugely improved in recent years. AdvertisementThe S-300PMU-2 is the most advanced air defense system Iran has acquired from Russia. "In practice, this could go either way, depending on the amount of Israeli missiles that would be hypothetically launched and from where." AdvertisementKhoueiry anticipates that early detection by Iranian air defenses could give these Iranian-made systems "more chances" against Israeli missiles.

Persons: —, Israel, Arash Azizi, Azizi, Freddy Khoueiry, RANE, Khoueiry, Jalaa Marey, Clemson University's Azizi, It's, it's Organizations: Service, Israeli, Economist, Business, Clemson University, Iran's, Rampage, Clemson, Moscow, Russian Locations: Iran, Russian, Isfahan, Tehran, Russia, Israel, Britain, East, North Africa, Iraq, Afghanistan, Israeli, Lebanon, it's, Ukraine, Moscow

☆ After getting hired, I started dating a man from the interview panel. It put targets on our backs and made promotions difficult.
▼ + stars: | 2024-04-27 | by ( Amanda Garland | ) www.businessinsider.com time to read: +5 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewI smoothed down the pink fabric of my blazer as I slid into the office chair for my job interview. The serious-looking man with dark hair slicked back led the questioning while the blonde-haired one made witty cracks. We started datingWe kept our budding romance secret for the first few weeks but were outed at the company Christmas party. My old boss and new boss didn't get along, which meant Jason was fussed at when he was caught at my desk.

Persons: —, khakis, I'd, Jason, Amanda Garland, didn't Organizations: Service, Business

☆ US sends land-attack missile system to Philippines for exercises in apparent message to China
▼ + stars: | 2024-04-22 | by ( Brad Lendon | ) edition.cnn.com time to read: +8 min

The presence of the US Army’s Mid-Range Capability (MRC) ground-based missile system, increases the risks of “misjudgment and miscalculation” in a region already on edge over Chinese-Philippines face-offs in the South China Sea, Beijing says. It’s the first-ever deployment of the MRC missile system, also known as the Typhon system, to the Indo-Pacific theater, and it comes amid a series of US-Philippine military exercises, including the largest-ever edition of the bilateral Balikatan exercises beginning Monday. It also can fire the Tomahawk Land Attack Missile, a maneuverable cruise missile with a range of 1,600 kilometers (1,000 miles), according to the CSIS. Those are the same rules Washington and Manila accuse Beijing of ignoring with aggressive Chinese actions that have injured Filipino sailors and damaged vessels around disputed features in the South China Sea. US Army PacificChina’s missile advantageAnalysts say the deployment of the Typhon missile battery is the first signal of US plans to address what has long been an advantage for Beijing in the region.

Persons: Lin Jian, ” Lin, Stephen Koehler, “, equalizes, ”, Collin Koh, Christopher Milhal, Koh, Rupert Schulenberg, Donald Trump “, Thomas, CNN’s Steven Jiang Organizations: South Korea CNN, US, MRC, US Army, Missile Defense, Center for Strategic, International Studies, Foreign, US Pacific Fleet, Sunday, Xinhua, CNN, US Air Force, US Army Pacific, Beijing, Rajaratnam, of International Studies, People’s Liberation Army Rocket Force, ”, don’t, International Institute for Strategic Studies, South, Lewis, McChord, Nuclear Forces Treaty, Russian, Philippine News Agency, CNN Philippine Locations: Seoul, South Korea, China, United States, Philippines, South China Sea, Beijing, Philippine, South China, Taiwan Strait, Qingdao, Washington, Manila, Asia, Pacific, Japan, Taiwan, Guam, Singapore, South, Soviet Union, Palawan, Sulu, Spratly

☆ E-Commerce and the Influencer Economy
▼ + stars: | 2024-04-21 | by ( Annemarie Conte | ) www.nytimes.com time to read: +1 min

Wirecutter, The Times’s product recommendation service, tests many of the wares that clog Americans’ social media feeds. In today’s newsletter, I’ll explain how e-commerce, a $6 trillion global industry, became choked with junk. Paid to sellOnline shopping can expose people to a greasy influencer economy. When an influencer’s follower clicks a link and buys something, the influencer makes money. That’s why people on your social media feed are crowing about their 10 favorite Amazon finds or talking about how an expensive gizmo has changed their life.

Organizations: Brands

☆ China's newest aircraft carrier was spotted with aircraft mock-ups hinting at what its future air wing could look like
▼ + stars: | 2024-04-18 | by ( Chris Panella | ) www.businessinsider.com time to read: +5 min

New images posted to social media show China's third and newest aircraft carrier hosting aircraft mock-ups. AdvertisementChina's newest aircraft carrier appears to be sporting mock-ups of warplanes, according to new images posted to social media by a long-time China watcher. The pictures also show the Fujian's catapult system, designed to launch aircraft much like the US Navy's aircraft carriers. CHINESE AIRCRAFT CARRIER, JIANGNAN SHIPYARDS, CHINA, JUNE 18, 2022: Maxar satellite imagery close up view of CV 18 Fujian Aircraft Carrier, Shanghai, China. Take a close look at China's third aircraft carrier #Fujian, which was launched in Shanghai on Friday.

Persons: —, Andreas Rupprecht, @QwaSkkn2447, Kitty Hawk, Matthew P, Funaiole, Joseph S, Bermudez Jr, Brian Hart Organizations: Service, People's Liberation Army Navy, Fujian, 10J, Ford, Department of Defense, China, Fujian Aircraft Carrier, Global Times, Center for Strategic, International Studies Locations: Fujian, China, Shanghai, Fujian “, Liaoning, Shandong, JIANGNAN, CHINA, China's, Taiwan

☆ Daniil Medvedev rants at officials for second successive day as Russian exits Monte-Carlo Masters
▼ + stars: | 2024-04-11 | by ( Matias Grez | Ben Morse | ) edition.cnn.com time to read: +4 min

Khachanov, as a result, earned two break points and would eventually capitalize on the second, thanks to a Medvedev double fault. 4 was frustrated with two calls from the line judge on his baseline while serving at 1-2 in the second set. The first disagreement came after the 28-year-old returned a crushing winner from a Monfils forehand, which was called out by the line judge. The very next point, the same line judge called Monfils’ shot in to the dismay of Medvedev, who left the ball expecting an out call to come. He can make a mistake as well, everybody can.”Mohamed Lahyani had to ask Medvedev not to shout at the line judge in Wednesday's match.

Persons: CNN — Daniil Medvedev ranted, Karen Khachanov, Carlo Masters, Khachanov, Carlos Bernardes, Cedric Mourier, “, ” Medvedev, It’s, …, Russia's Daniil Medvedev, France's Gael Monfils, Valery Hache, Mohamed Lahyani, Gaël Monfils, Lahyani, Monfils ’, Medvedev, shrugging, ” Lahyani, ” Mohamed Lahyani, Julian Finney Organizations: CNN, Medvedev, France's, Getty Locations: AFP, Russian

☆ 'Drone hunting drones' are already impacting Middle East conflicts
▼ + stars: | 2024-04-10 | by ( Paul Iddon | ) www.businessinsider.com time to read: +8 min

Iran's 538 loitering missile is designed to intercept low-flying drones. The 358 missiles confiscated by the US Navy were powered by small gas turbine engines made by a Dutch company. "As air defense systems increase in power and effectiveness, it will mark a new challenge to drone systems that have long had command of the air," Rogers said. A US Central Command handout shows one of the Iranian-made 538 loitering missile seized by the USS Forrest Sherman in November 2019. CENTCOM'Drone hunting drones'A report in March speculates that Turkey's arch-foe, the Kurdistan Workers' Party or PKK group, may have acquired Iranian Meraj loitering missiles.

Persons: —, James Patton Rogers, Rogers, Ryan Bohl, RANE, Bohl, USS Forrest Sherman Organizations: Service, US Navy, Cornell Brooks Tech, Institute, Cornell University, American Warfare, Saudi, US, Pentagon, East, Command, USS, Kurdistan Workers ' Party, Turkish Locations: Iran, Yemen, Lebanon, Iran's, Dutch, Turkey, North Africa, Kurdistan, Iraq, Tehran

☆ NATO helicopters are shooting down and eliminating enemy drones in a rarer kind of Red Sea battle
▼ + stars: | 2024-04-08 | by ( Jake Epstein | ) www.businessinsider.com time to read: +7 min

Houthi attack drones have mostly been intercepted by US and allied warships in the Red Sea. Air-to-air combat has been much less common, but last month, a French helicopter shot down a drone. One recent interception, however, was credited to a French helicopter crew, which blasted a Houthi attack drone out of the sky in air-to-air combat. AdvertisementPilots are 'well-trained'And the US hasn't been the only naval force to destroy Houthi threats in the Red Sea with embarked helicopters. A Germany Navy Sea Lynx helicopter flies over the corvette Oldenburg in the Baltic Sea on June 05, 2023 near Rostock, Germany.

Persons: —, FRANCOIS NASCIMBENI, Brynn Tannehill, Hawk, Tannehill, Damon Coulter, Dwight D, Eisenhower, Sean Gallup, You've, you've Organizations: US, Red Sea, Service, Helicopters, Getty Images, US Navy, Navy, UH, US Army Black, US Navy Sikorsky, Helicopter Maritime, Naval Air Facility, Getty, aircraft, Command, Germany Navy Sea Lynx, German Bundeswehr Joint Forces Operations Command, BI, Lynx Locations: Red, French, France, Sissonne, AFP, Getty Images France, Iran, Yemen, Kanagawa, American, Hessen, Baltic, Rostock, Germany

☆ Former Trump national security advisor John Bolton says Gaza war is still 'in the very early stages'
▼ + stars: | 2024-04-04 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +1 min

Former U.S. national security advisor John Bolton believes Israel's war in Gaza is "still in the very early stages" and says it has been complicated by Iran's involvement. Framing the ongoing war between Israel and Hamas as "an Iranian war against Israel," Bolton told CNBC's Dan Murphy: "The fact that Iran has not yet been held to account for any of it, suggests that we're still in the very early stages of the war." "This is not a Gaza versus Israel war, or a Palestinian versus Israel war, or an Arab versus Israel war. This is an Iranian war against Israel, fought through terrorist proxies," he told CNBC on Wednesday. Bolton is a noted foreign policy hawk and has previously advocated for regime change by the U.S. in Iran.

Persons: John Bolton, Bolton, CNBC's Dan Murphy, we're, Israel Organizations: National Security, National Council of Resistance, U.S, Representative, Willard InterContinental Hotel, Washington , DC, Former U.S, Israel, Palestinian Islamist, CNBC, Wednesday, Bolton Locations: Iran, Washington ,, Gaza, Israel, Palestinian, Iranian, U.S, Syrian, Damascus, Tehran

☆ Euro zone inflation unexpectedly slows to 2.4% in March, with core print also below forecast
▼ + stars: | 2024-04-03 | by ( Jenni Reid | ) www.cnbc.com time to read: +2 min

Inflation in the 20-nation euro zone eased to 2.4% in March, according to flash figures published on Wednesday, boosting expectations for interest rate cuts to begin in the summer. Economists polled by Reuters had forecast the rate would hold steady against the previous month at 2.6%. The core rate of inflation, excluding energy, food, alcohol and tobacco, cooled from 3.1% to 2.9%, also coming in below expectations. Markets expect the euro zone's central bank will begin lowering borrowing costs in June — a position reflected in the recent messaging of ECB decision-makers. "Inflation has declined despite a jump in energy inflation, and a boost from an early Easter.

Persons: European Central Bank —, Price, Robert Holzmann, Carsten Brzeski, Kamil Kovar, Kovar Organizations: Reuters, European Central Bank, ECB, ING, Moody's Locations: Rome, Italy, France, Spain, Germany, Austrian

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