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A joint venture set up in 2019 by two top Japanese and South Korean companies was hailed as a beacon of cooperation amid strained diplomatic relations. Executives from South Korea’s Naver and Japan’s SoftBank Group said they would jointly own the operator of Line, a South Korean-developed messaging app popularized in Japan. Five years later, Japan and South Korea have made significant strides in easing longstanding historical tensions. Japan and South Korea, both key United States allies in Asia, have a sensitive history. Japan colonized Korea from 1910 until Japan’s surrender in World War II in 1945, and Japan and South Korea have often scuffled over territory and geopolitical differences.
Persons: Japan’s Locations: South Korea’s, Korean, Japan, South Korea, States, Asia, Korea
The S&P 500 alone has generated an average return of 7% during presidential election years since 1952, according to LPL Financial. If you limit that to election years in which the incumbent president is running for reelection, the average jumps to 12.2%. Yes, but: Market volatility in an election year tends to pick up in October and there are many months left in this cycle with potential surprises to come. “An autumn pullback fits well time wise with potential downside earnings revisions, make-or-break decision time for the Fed, and election uncertainty. The first round of the French election will be held on June 30, with a second round on July 7.
Persons: Goldman Sachs —, Ed Clissold, Ned Davis, they’re, It’s, Goldman Sachs ’ Scott Rubner, , , Mark Hackett, Scott Chronert, Goldman Sachs, Joe Biden, Donald Trump, Jim Reid, There’s, Emmanuel Macron, Katie Nixon, Chris Isidore ., they’ve, Samantha Murphy Kelly, ChatGPT —, Siri —, OpenAI, Siri, ChatGPT, hasn’t, Organizations: London CNN — Traders, Investors, White, Ned, Ned Davis Research, Nasdaq, Citigroup, Goldman, Barclays, Deutsche Bank, UBS, Deutsche, Fed, United, Labour Party, Renaissance, Northern Trust Wealth Management, Alaska Airlines, Alaska —, Southwest —, Southwest, Railway Labor, Apple, Apple Intelligence, Microsoft, Google, Meta, Samsung, Cyberspace Administration, Wall, IDC Locations: United States, France, , Alaska, China
Traders are gearing up for an increase in volatility around the November elections in the United States, according to one market indicator. Stacey Gilbert, CIO of Glenmede Investment Management, said that the futures market for the Cboe Volatility Index is showing a distortion around the November election. Vix futures are basically a way to bet on or hedge against where the index will be trading at the time of expiration. The expectation for volatility around this election is pretty sizable," Gilbert said. "It would stand to reason that the Vix, or volatility in general, would increase around then," he added.
Persons: Stacey Gilbert, Gilbert, Donald Trump, Joe Biden, Ed Clissold, Ned Davis, it's, Clissold Organizations: Glenmede Investment Management, Republican, Democratic, Bank of America, Ned, Ned Davis Research, Republicans Locations: United States, U.S
In some ways, they're actually faring better than their older millennial peers, and their struggles point to larger cracks in America's social support systems. Younger millennials are getting creative about becoming homeowners, explained Jessica Lautz, deputy chief economist and vice president of research at the National Association of Realtors. Because younger millennial women are focused on their careers, they're continuing the overall millennial trend of delaying family formation. AdvertisementAnd some of younger millennials' accumulated wealth has faded thanks to inflation, Ricketts said. He pointed out that younger millennials who invest their wealth well are more likely to consume and drive economic growth.
Persons: I've, , Diana Elliott, somethings, Gabby Davis, Davis, Gen Z, Cuspers, they've, Elliott, they'll, millennials, Rollin, Zers, Louis Fed, didn't, Louis, Lowell Ricketts, Ricketts, aren't millennials, who've, Younger millennials, Jessica Lautz, They're, Lautz, they're Organizations: Service, Pew, Population Reference, Louis Fed, Fed, National Association of Realtors, NAR, Young Locations: U.S
At first, I didn't realize what I was in forThe Sahara Desert can get cold at night. Jamie Davis SmithWhen I signed up for the trip, I naively assumed a desert in North Africa would be comfortable in December. Fortunately, the desert camp was much nicer than I expectedThe Sahara Desert camp felt surprisingly cozy. Jamie Davis SmithMy camp in the Sahara — El Borj, located in Erg Chebbi — was anything but basic. Jamie Davis SmithI woke up early, in time to catch the golden sunrise over the dunes.
Persons: , Jamie Davis Smith, Erg Chebbi —, I'd, glamping Organizations: Service, Business Locations: Morocco, North Africa, Erg, Moroccan
I was not interested in my dad's college, Purdue, because it lacked a humanities focus. I asked to visit Ball State University in Muncie, Indiana, because I had heard good things about the midsize college. AdvertisementI was irritated and surprised but still wanted to visit Ball State. Ball State lacked the national ratings of the other schools but was renowned for several programs, including one that interested me. I fell in love with Ball StateI attended a summer high school journalism workshop at Ball State, which clinched the deal for me.
Persons: , impatiently, Aren't, we've, Amy, David, Dorothy, Oz, Tom K, Ryan, Jim Davis, Garfield, I'm, I've Organizations: Service, Business, Purdue, Indiana University, Ball State University, Big Ten, Ball State, Ball, Indiana Locations: Minnesota, mater, Muncie , Indiana
CNN —Hundreds of monumental stone heads dot the coastline of the remote Pacific island of Rapa Nui, or Easter Island. Terry HuntThe rock gardens had covered up to 21.1 square kilometers (8.1 square miles) and could have sustained up to 17,000 people, previous research suggested. Archaeologists have identified the remains of rock gardens on which islanders would have grown sweet potatoes and other crops. “This finding was the result of integrating new remotely sensed data, data not available when we did our original study.” He wasn’t involved in the new research. In fact, when Europeans first make contact with Rapa Nui people, they only report seeing maybe 3,000 or 4,000 people and report that people were in good spirits,” Davis said.
Persons: Jared Diamond, , Dylan Davis, Davis, School’s Lamont, Terry Hunt, ” Davis, Rapa, ” Ladefoged, wasn’t, Christopher Stevenson, ” Stevenson, Carl Lipo, What’s Organizations: CNN, Columbia, Observatory, New Zealand’s University of Auckland, School of, Studies, Virginia Commonwealth University Locations: Rapa Nui, Rapa, Chile, Pitcairn, Washington
CNN —Same-sex sexual behavior has been observed in more than 1,500 animal species, but a new study has found that it is massively underreported by researchers. Observations of this same-sex behavior in animals, such as sexual mounting and genital touching, date back to the 1700s and 1800s. In a study published Thursday in the journal PLOSOne, a team of researchers at the University of Toronto, Northwestern University and the University of Warsaw found that experts who study animal behavior are underreporting and rarely publishing their observations of same-sex sexual behavior. The study surveyed 65 experts and found that 77% of them observed same-sex sexual behaviors in the species they studied. Davis added that there have been other obstacles that get in the way of documenting same-sex behaviors among animals.
Persons: , ” Karyn Anderson, , Anderson, cuddle, David Hecker, Josh Davis, it’s, , Davis Organizations: CNN, University of Toronto, Northwestern University, University of Warsaw, Bremerhaven Zoo, DDP, Getty Locations: Bremerhaven, Swedish, London, esculentus, Luisenpark, Germany
Historical post-election market gains could lead the S & P 500 even higher by the end of the year, according to Ned Davis Research. Ed Clissold, chief U.S. strategist raised his year-end S & P 500 target to 5,725 from 4,900 . Although Ned Davis Research isn't included in CNBC Pro's Market Strategist Survey , when comparing the price targets across various Wall Street names, the firm has the second-highest forecast for the broad market index. The S & P 500's 14.5% year-to-date gains have largely come from high-flying technology names such as Nvidia and Meta Platforms. The S & P 500's equal-weighted version, however, is up just 4% in 2024.
Persons: Ned Davis, Ed Clissold, Clissold Organizations: Ned Davis Research, CNBC Pro's, Survey, Federal Reserve, White, Nvidia, Meta Locations: U.S
Donald Trump’s potential vice president picks
  + stars: | 2024-06-21 | by ( Kaanita Iyer | ) edition.cnn.com   time to read: +15 min
CNN —Former President Donald Trump has been busy in recent weeks. Doug Burgum speaks during a campaign event with former President Donald Trump, in Laconia, New Hampshire, in January. Vance, shakes hands with former President Donald Trump during a rally hosted by the former president at the Delaware County Fairgrounds in Delaware, Ohio. He is also close with Donald Trump Jr.Vance, a former venture capitalist, veteran and author, is among the candidates who received vice-presidential vetting materials from the Trump campaign. Rep. Byron Donalds speaks before former President Donald Trump at the “People's Convention” of Turning Point Action on June 15, 2024, in Detroit.
Persons: Donald Trump, Trump, Doug Burgum, Al Drago, Burgum, Burgum —, , CNN’s Kaitlan Collins, , ” Burgum, , Sen, Marco Rubio, Joe Raedle, Florida Sen, Marco Rubio —, Rubio, Joe Biden, Vance, Drew Angerer, Vance Ohio Sen, J.D, Donald Trump Jr, Mike Pence’s, Tim Scott, Justin Sullivan, Tim Scott Trump, Scott, Nikki Haley, Elise Stefanik, Chip Somodevilla, Stefanik, Stefanik —, she’s, Ben Carson, Anna Moneymaker, Carson —, — didn’t, ” Carson, Carson, ” Trump, Byron Donalds, Carlos Osorio, Ron DeSantis, Donalds, Jim Crow, ” Donalds, ” “, Tasos Katopodis, Biden, Haley, ” Haley, didn’t, Tom Cotton, Andrew Harnik, Tom Cotton Arkansas Sen, Cotton, Tulsi Gabbard, Brendan Smialowski, wokeness, ” Gabbard, Gabbard, CNN’s Veronica Stracqualursi, David Wright, Shania Shelton, Kristen Holmes, Steve Contorno, Stephen Collinson, Avery Lotz, Manu Raju, Alayna Treene, Kate Sullivan, Aaron Pellish, Jeff Zeleny, Eva McKend, Gregory Krieg, Kylie Atwood, Arit John, Ebony Davis, Clare Foran, Ali Zaslav, Ted Barrett Organizations: CNN, Republican National Convention, North Dakota Gov, Bloomberg, Getty, Doug Burgum North Dakota Gov, Microsoft, Trump, Miami - Dade Country Fair, Delaware County Fairgrounds, Capitol, Fox News, Greenville Convention Center, South, Republican, Senate, South Carolina Gov, Grace Baptist Church, Ben Carson Former Housing, Urban, Department of Housing, Florida Gov, Trump ”, Democratic, Press, GOP, United Nations, UN, National Security Council, House, Senate Republican, NBC, Conservative Political, Conference, Tulsi, Former Hawaii Rep, Democratic National Committee, Democrat, New York Times, Defense Department, State Department Locations: New York, Laconia , New Hampshire, Miami, Florida, Delaware, Delaware , Ohio, Congress, Ukraine, Greenville, Greenville , South Carolina, South Carolina, Grappone, Concord , New Hampshire, Marion , Iowa, Detroit, Byron Donalds Florida, Trump, West Des Moines , Iowa, Washington , DC, Afghanistan, Iraq, National Harbor , Maryland, AFP, American
It was easier even a decade ago to settle on the song of the summer. Now that summer has officially started, sample these musical confections and decide for yourself — what’s destined to become the song of summer 2024? Daniel Boczarski/Getty ImagesNot Like Us, Kendrick Lamar Credit: Kendrick Lamar, under exclusive license to Interscope RecordsHere’s a song of the summer that breaks all the rules. ‘A Bar Song (Tipsy),’ ShaboozeyShaboozey mashes up pop-country with the 2004 club classic "Tipsy" on his mournful yet singable hit, "A Bar Song (Tipsy)." Still, lyrics about dragging your increasingly drunk self from bar to bar in a desperate attempt to shed the stress of your 9-to-5 are not unrelatable.
Persons: it’s, Mike Errico, New York University’s, Errico, Sabrina Carpenter Sabrina Carpenter, Nina Westervelt, Sabrina Carpenter, , Billie Eilish, Billie Eilish's, Arturo Holmes, Eilish, , Randy Holmes, Tinashe’s, Janet Jackson, factly, Babe, ’ Chappell Roan Chappell Roan, Stephen J, Cohen, Chappell, , Kate Bush, Cyndi Lauper’s, Roan fantasizes, Roan didn’t, ’ Tommy Richman, Tommy Richman, Johnny Louis, Richman, ’ Kendrick Lamar, Kendrick Lamar, Drake, Daniel Boczarski, — Lamar, It’s, Lamar, Brett Carlsen, Carter, Shaboozey Organizations: CNN, New York, Davis, Island Records, UMG, Inc, Interscope, Disney, Life, Amusement Records, Getty, Tommy Richman Credit, Concord, Kendrick Lamar Credit, Interscope Records, Lamar, American Locations: New, TikTok, British, singalongs, Chappell Roan, LA, Nashville
I made classic vanilla ice cream using the bag trick, blender method, and Ninja Creami. The Ninja Creami required over 24 hours of time and the bag method took about 15 minutes. I liked the three-ingredient blender method the best because the ice cream had a great texture. AdvertisementI love frozen treats and always thought there was something about making homemade ice cream out of just a few, simple ingredients that's extremely satisfying. I made traditional vanilla ice cream three ways using the bag trick, the three-ingredient blender method, and my $200+ Ninja Creami.
Persons: Creami, , who'd Organizations: Service, Business
Former President Donald J. Trump in Racine, Wis., on Tuesday. His campaign said it raised $53 million online in the 24 hours after he was convicted of 34 felony charges last month. Credit... Doug Mills/The New York Times
Persons: Donald J, Trump, Doug Mills Organizations: New York Locations: Racine, Wis
Paris CNN —Few cities have been so adamantly idealized, mythologized and captured on film and in photographs as Los Angeles and Paris. Pascal Le Segretain/Getty ImagesThese inspirations translated into pieces in faded, sun-washed teal, blue, gray and vintage-inspired knits. Some models wore Amiri brooches resembling music notes. Designer Mike Amiri of the eponymous Californian brand at the finale of his Paris show. OConnor/Arroyo/AFF-USA/ShutterstockK-pop star Sunwoo (seen here at the brand's June 20, 2024 show in Paris) has been recently announced as an ambassador for Amiri.
Persons: “ Jardin des Plantes ”, Mike Amiri, Yussef Dayes, Miles Davis, Duke Ellington, Dizzy Gillespie, Amiri, dégradé, Pascal Le Segretain, Ryan, Amiri’s, Kay, Paris Fernandes, , Kim Sunwoo, Angelina Jolie, Lenny Kravitz —, Ryan Gosling, Omar Sy, Lena Waithe, Barry Keoghan, James Sleaford, , Arroyo, Shutterstock, Saint Tropez Organizations: Paris CNN, “ Jardin des Plantes, City, South, AFF, Getty Locations: Angeles, Paris, “ Jardin, Hollywood, London, Paris’s, Montaigne, Venice Beach, South Korean, France, OConnor, Dubai, Saint
And so she did: “Black Barbie: A Documentary,” her newly-released project, takes a deeper look at the story behind Black Barbie and its impact on representation in the toy business, and culture more broadly. The first Black Barbie (pictured center) wore a bold red dress, gold jewelry and an afro. The actual Black Barbie doll didn’t become a reality until decades later, after the company hired Kitty Black Perkins in 1976 as its first Black designer. “Having Black Barbie (dolls) just reinforces the fact that being Black is fly and amazing — and that Black women are gorgeous. Black Barbie is also validation for us filmmakers, everybody who worked on it, being seen and heard in this industry,” she added.
Persons: Lagueria Davis, Beulah Mitchell, Davis —, , Barbie, ” Davis, Black Barbie, Black, Shonda Rhimes, Misty Copeland, Ibtihaj Muhammad, Maxine Waters, Copeland, Muhammad, Mitchell, Ruth Handler, Patricia A, Turner, Handler, , ” Mitchell, “ Christie ”, Julia ”, Christie, Julia, Diahann Carroll, Kitty Black Perkins, Black Barbie’s, Black Perkins, ” Black Perkins, Aaliyah Williams, , , White, Yolanda Hester, Shani, Stacey McBride, Irby, McBride, Kitty, Stacy, Williams Organizations: CNN, Mattel, SXSW, Black, Netflix, Locations: Mitchell’s
At North Beach in Burlington, Vt. Most strategies in the United States for helping people stay cool are geared toward urban areas, leaving behind vulnerable rural populations. Credit... Kelly Burgess for The New York Times
Persons: Kelly Burgess Organizations: North, The New York Locations: North Beach, Burlington , Vt, United States
Investor support for Toyota Motor’s longtime leader, Akio Toyoda, sank to its lowest level since he took the helm as shareholders challenged the extent of control he exerts over the company. According to a filing released on Wednesday, 71.9 percent of shareholders supported renominating Mr. Toyoda as chairman of Toyota’s board. That met the threshold required for re-election, but it was the lowest level of support for him since at least 2010, after Mr. Toyoda’s first full year as chief executive. Ahead of Toyota’s shareholder meeting on Tuesday, The New York Times reported that several big investors planned to vote against Mr. Toyoda’s reappointment. Traditionally in Japan, board members receive nearly unanimous support from shareholders, and Mr. Toyoda, whose grandfather founded the company, has gotten an average approval of more than 96 percent over the past decade.
Persons: Akio Toyoda, Toyoda, Toyoda’s, Toyoda’s reappointment Organizations: Toyota, The New York Times Locations: Japan
On Today’s Episode:Netanyahu Criticizes the U.S. For Holding Up Some Weapons Deliveries, by The New York TimesU.S. Pier for Gaza Aid Is Failing, and Could Be Dismantled Early, by Helene Cooper and Eric SchmittNvidia Becomes Most Valuable Public Company, Topping Microsoft, by Tripp Mickle and Joe RennisonCalifornia Joins Growing National Effort to Ban Smartphone Use in Schools, by Shawn Hubler
Persons: Netanyahu, Helene Cooper, Eric Schmitt Nvidia, Topping, Tripp Mickle, Joe Rennison, Shawn Hubler Organizations: The New York Times U.S, Public Company, Topping Microsoft Locations: Pier, Gaza, Joe Rennison California
Robert F. Kennedy Jr.’s Conspiracy of Ravens
  + stars: | 2024-06-19 | by ( Rebecca Davis O Brien | ) www.nytimes.com   time to read: +1 min
Robert F. Kennedy Jr. was getting annoyed, fingers tapping on his lawn chair. As a reporter and a photographer crouched expectantly in the bushes behind his Los Angeles home, his two wild ravens were refusing to cooperate with a photo shoot. “I’m not going to reward their bad behavior,” he said at last, closing the greasy bag of meat scraps he had brought out for the birds. As an independent presidential candidate, Mr. Kennedy, 70, has leaned into his storied political lineage, his career in environmental law and his caustic anti-establishment beliefs that at times veer into conspiracy theory. And yet I was surprised recently when a routine phone call to ask Mr. Kennedy for comment about another article was interrupted by a loud “caw” at the other end of the line.
Persons: Robert F, Kennedy Jr, crouched expectantly, “ I’m, , strode, Kennedy Locations: Angeles
Toyota Motor’s longtime leader, Akio Toyoda, defended his continued deep involvement in the company’s operations on Tuesday, responding to calls by some big investors that he step back after having resigned as chief executive more than a year ago. “Some infer that what I do and how I act is akin to cloistered rule,” Mr. Toyoda said, referring to an imperial form of government in Japan where an emperor could retain power and influence even after abdication. “I consult with younger-generation executives and give them my advice, and if you call this cloistered rule, then I am happy to continue acting as a cloistered-government leader,” Mr. Toyoda, 68, said at a shareholder meeting at Toyota’s headquarters southwest of Tokyo. Mr. Toyoda was responding to questions posed by several shareholders asking whether recent problems over mishandled safety tests may reflect broader governance problems within Toyota, including insufficient checks and balances on management.
Persons: Akio Toyoda, Mr, Toyoda, , ” Mr Organizations: Toyota Locations: Japan, Toyota’s, Tokyo
The new policy from the Biden administration is one of the most significant actions to protect immigrants in years. Credit... Tierney L. Cross for The New York Times
Persons: Biden, Tierney L Organizations: The New York
One of the field’s top fund-raisers, Krystle Kaul, faces charges of embellishing her résumé well beyond the usual flourishes of a political campaign. Ms. Filler-Corn was the first woman and first Jewish speaker of the Virginia State House. Mr. Helmer is a Rhodes scholar and an Army veteran who served in Afghanistan, Iraq, and as a member of the Virginia House. Then last week, an anonymous Democratic official, speaking through her lawyer, accused Mr. Helmer of groping her and later making sexually crude remarks. “That would be presumptuous.”Democratic voters in the district peppered by texts attacking Mr. Helmer could be forgiven if they do not know where to turn.
Persons: Dan Helmer, Eileen, Krystle Kaul, Suhas Subramanyam, Jennifer Wexton, Subramanyam, Helmer, Barbara Comstock, Donald J, Trump, Mr, , Ms, Wexton, Helmer of groping, Kaul, Michele Davis Younger, , Will Reinert, Subramanyam’s, Aliscia Andrews, Alexander Isaac, Avram Fechter Organizations: Congressional, Democratic, Senate, Republican, Virginia State House, Army, Virginia State House Democrats, Washington Post, Loudoun County Democratic Party, National Organization for Women, , Republicans, Democrat, National Republican Congressional, ” Democratic, Virginia Democratic, Federal, Commission, PAC, United States Central Command, Department of Defense, Marine Corps, Loudoun County Democratic Locations: Washington, Israel, Virginia, Rhodes, Afghanistan, Iraq, Democratic, Loudoun County, Va
It's hard to make the meaningful connections you need to succeed at work. Four quick questions can change that, says organizational psychologist Richard Davis, who's spent almost two decades advising CEOs and clients ranging from the National Basketball Association to outerwear giant Canada Goose. "There are thousands and thousands of factors that you can boil down into five main traits of a person. You can unveil those personality traits by asking someone these four questions, Davis wrote in his book "Good Judgment," which published last week:Who was an early influencer of yours? "Doing some self reflection on the personality blueprint that I described is really, really helpful in order to actually characterize other people in the same way," says Davis.
Persons: Richard Davis, who's, Davis, There's Organizations: National Basketball Association, CNBC, Society of Human Resource Management
During his long tenure as chief executive, Akio Toyoda led Toyota Motor to the top of the car industry. Toyota today sells more cars than any other automaker in the world. It was Mr. Toyoda’s bet on the enduring popularity of hybrid gas-electric vehicles that last year helped Toyota achieve the biggest annual profit in Japanese history. Mr. Toyoda, whose grandfather founded Toyota in 1937, is the force that propels the company — and that is a problem, according to multiple people inside and outside of Toyota. In early 2023, Mr. Toyoda stepped down after nearly 14 years as chief executive to become chairman.
Persons: Akio Toyoda, Toyoda’s, Toyoda Organizations: Toyota Motor, Toyota
Northeast Braces for First Severe Heat of the Year , by Johnny DiazNetanyahu Says He Didn’t Know About Plans to Pause Fighting, but Analysts Say He Probably Approved Them, by Isabel Kershner
Persons: Johnny Diaz Netanyahu, Isabel Kershner
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