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☆ How to Watch China’s Launch to the Far Side of the Moon
▼ + stars: | 2024-05-03 | by ( Katrina Miller | More About Katrina Miller | ) www.nytimes.com time to read: +2 min

Why the far side of the moon? But the far side of the moon — it is not actually the dark side of the moon — is distinct from the near side. With a lunar far side sample, scientists can begin to probe why the two sides of the moon are so different. Because the same side of the moon always faces Earth, it is impossible to directly establish communications with the lunar far side. Chang’e-7, expected to launch in 2026, will search for water at the lunar south pole.

Persons: maria Organizations: Soviet, China National Space Administration Locations: United States, Soviet Union, China, Chang’e

☆ Caitlin Clark plays in WNBA preseason debut after being drafted No. 1 by Indiana Fever
▼ + stars: | 2024-05-03 | by ( Homero De La Fuente | Ben Morse | ) edition.cnn.com time to read: +7 min

1 overall pick in the 2024 WNBA draft by the Indiana Fever, scored a game-high 21 points in the team’s preseason game Friday against the Dallas Wings. I think it’s a good kickoff to the WNBA season. I think the way we play, you know there’s some things we could’ve executed a little better. Ogunbowale finished with 19 points, including nine points in the fourth quarter, to lift the Wings to the preseason victory. Michael Conroy/APBoston – who averaged 14.5 points and 8.4 rebounds last season – said she hopes to improve on a promising debut WNBA campaign.

Persons: Caitlin Clark, Clark, Clark dazzles, wasn’t, ” Clark, Arike Ogunbowale, Ogunbowale, Jaelyn Brown, could’ve, TickPick, Caleb Williams, Clark merchanise, Michael Conroy, “ It’s, “, you’ve, –, Boston Organizations: CNN, WNBA, Indiana Fever, Dallas Wings, NCAA, Iowa Hawkeyes, College Park Center, NCAA Division I’s, Wings, Dallas, ”, Iowa, Indiana, Chicago Bears, Hawkeye, Fever, Boston, Eastern Conference, Boston –, Atlanta, Connecticut Sun, Mohegan Sun Locations: Arlington , Texas, Boston, Indianapolis, Indiana

☆ Election Updates: College Democrats of America back protests and criticize Biden’s Israel policy.
▼ + stars: | 2024-04-30 | by ( Maggie Astor | ) www.nytimes.com time to read: +5 min

College Democrats of America, the student organization of the Democratic Party, endorsed pro-Palestinian campus protests on Tuesday and called on President Biden to support a permanent cease-fire in Gaza. It was a striking rebuke from an organization that has historically worked in tandem with the Democratic Party and whoever leads it. “As College Democrats, we are committed to the re-election of President Biden and Democrats across down-ballot races in every corner of our nation,” the statement said. “We’re realizing that our duty as College Democrats is to be representatives of college students to the party, rather than vice versa,” Mr. Muralitharan said. “As it stands right now, young people starkly differ on the issue of Palestine/Israel from the Democratic Party apparatus.

Persons: Biden, ”, “ MAGA, “, Mr, —, Netanyahu, Sunjay Muralitharan, ” Mr, Muralitharan, Joe Biden, Hasan Pyarali, Biden’s, Pyarali, Donald J, Trump, won’t Organizations: Democrats of America, Democratic Party, College Democrats, Columbia University, Students, Columbia, Protesters, Portland State University and California State Polytechnic University, Humboldt, “ MAGA Republicans, Jewish, “, Democratic National Committee, University of California, Muslim Caucus, Wake Forest University, Mr Locations: Gaza, United States, Israel, San Diego, Palestine, Biden’s Israel

College Democrats of America, the student organization of the Democratic Party, endorsed pro-Palestinian campus protests on Tuesday and called on President Biden to support a permanent cease-fire in Gaza. Overnight from Monday into Tuesday, protesters at Columbia took over a building on campus. “As College Democrats, we are committed to the re-election of President Biden and Democrats across down-ballot races in every corner of our nation,” the statement said. “We’re realizing that our duty as College Democrats is to be representatives of college students to the party, rather than vice versa,” Mr. Muralitharan said. And throughout the nation, we’re witnessing Joe Biden, Democrats across the ballot, losing scores of young voters over this issue.”The statement was written largely by the organization’s Muslim Caucus.

Persons: Biden, ”, “ MAGA, “, Mr, —, Netanyahu, Sunjay Muralitharan, ” Mr, Muralitharan, Joe Biden, Hasan Pyarali, Biden’s, Pyarali, Donald J, Trump, won’t, Joshua Martin, you’re, we’re, Martin, Indiana University —, ’ Organizations: Democrats of America, Democratic Party, College Democrats, Columbia University, Students, Columbia, Protesters, Portland State University and California State Polytechnic University, Humboldt, “ MAGA Republicans, Jewish, “, Democratic National Committee, University of California, Muslim Caucus, Wake Forest University, Mr, College Democrats ’, University of Houston, Hamas, College Democrats of, Yale, New York University, Indiana University Locations: Gaza, United States, Israel, San Diego, Palestine, Biden’s Israel, College Democrats of America

☆ Donald Trump just got another $1.8 billion worth of Trump Media stock
▼ + stars: | 2024-04-30 | by ( Matt Egan | ) edition.cnn.com time to read: +2 min

CNN —Former President Donald Trump just landed another $1.8 billion worth of stock in the corporate owner of Truth Social. Trump Media & Technology Group disclosed the windfall for Trump in a filing Tuesday, saying the former president has received another 36 million shares in the company. That bonus, known as “earnout” shares, was triggered by the company’s share price staying above certain levels. Trump now holds an even more dominant stake in Trump Media, amounting to 114.75 million shares, or 64.9% of the total outstanding. Even though Trump Media plunged since late March, it never came close to breaching levels that would have threatened this bonus.

Persons: Donald Trump, “, Trump Organizations: CNN, Truth Social, Trump Media & Technology Group, Trump, Trump Media, SEC

☆ A tax compliance startup raised millions. Then it abruptly shut down, and the founder cut off contact.
▼ + stars: | 2024-04-29 | by ( Ben Bergman | ) www.businessinsider.com time to read: +13 min

Even the human-resources firm retained to help employees with offboarding, Tandem, quit soon after the layoffs because it never got paid. Shannon Flynn Bevers, Tandem's president and founder, said that she tried to help employees but that Johnson stopped responding. "When startups go out of business, they will pay employees their final paycheck. Johnson told employees to take a weeklong furlough and blamed the issue on a technical snafu. She also told employees they could file a claim with their state labor department or hire an employment lawyer.

Persons: Slack, Shiloh Johnson, Johnson, they'd, Benjamin Matthews, Shannon Flynn Bevers, I've, Flynn Bevers, VCs, Josh Felser, Aerin Paulo, ComplYant's, I'd, ComplYant, podcaster David Sacks, Michael Tam, Tam, Matthews, Ryan Cady, Lusely Martinez, Martinez, Cady, paychecks, wasn't, Taliah McGuire, McGuire, what's, Shiloh Luckey, Penelope, We've Organizations: Business, offboarding, . Venture, BI, Craft Ventures, ComplYant, Mucker, Slauson, — Mucker, Fika Ventures, Employees Locations: Los Angeles, Shiloh, San Francisco, Colorado, New York, TikTok

☆ My husband is turning 68 and terrified of retiring. I'm ready for a more flexible lifestyle.
▼ + stars: | 2024-04-29 | by ( Marcia Kester Doyle | ) www.businessinsider.com time to read: +4 min

download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . We've been married for 40 years, and I've never known a man with a stronger work ethic than my husband. AdvertisementIn July, my husband turns 68 and is still uncertain about leaving his ground maintenance job at an upscale condo. While most boomers are thrilled to leave the rat race and rack up their flying miles, my husband is terrified of leaving his beloved job. AdvertisementI'm ready for a more flexible lifestyleDeprogramming someone conditioned to work full-time was more difficult than I'd anticipated.

Persons: —, We've, I've, He's, he'll, he's, We're, he'd, I'm, we're Organizations: Service

☆ An Ivy League sophomore says he found a $105,000 side hustle: selling coveted restaurant reservations
▼ + stars: | 2024-04-27 | by ( Geoff Weiss | ) www.businessinsider.com time to read: +3 min

Brown sophomore Alex Eisler has a lucrative side hustle selling restaurant reservations. He vends them on nascent platform Appointment Trader. AdvertisementEisler told Business Insider the most expensive reservation he's ever sold was $1,358 at an omakase restaurant in Boston. Appointment Trader is just one platform helping to turn reservation-selling into a cottage industry of sorts. "It's bad for business," Eric Ripert, chef and co-owner of famed French seafood restaurant Le Bernardin, told The New Yorker.

Persons: Brown, Alex Eisler, Eisler, —, Eisler —, he's, Prime, Carbone, Insider's Linette Lopez, Tock —, Eric Ripert, Bernardin Organizations: Service, Brown University, American Express, Business, Yorker, Bloomberg, New Locations: Boston, New York City

☆ The AI-fueled stock market bubble will crash in 2026, research firm says
▼ + stars: | 2024-04-27 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

The AI-fueled stock market bubble will burst in 2026, according to Capital Economics. The research firm said rising interest rates and higher inflation will weigh down equity valuations. AdvertisementAn artificial intelligence-fueled stock market bubble will burst in 2026, according to Capital Economics. The research firm has said that a stock market bubble, driven by investor excitement towards artificial intelligence, would drive the S&P 500 to as high as 6,500 by 2025, led by technology stocks. The expected bursting of the stock market bubble should lead to a decade of investment returns that favor bonds over stocks.

Persons: —, Diana Iovanel, James Reilly, Iovanel, Reilly Organizations: Capital Economics, Service, Capital, US

☆ Google's 'fastest-growing' moonshot that spun out into an AI earbuds startup aims to ship its first product this year
▼ + stars: | 2024-04-26 | by ( Hugh Langley | ) www.businessinsider.com time to read: +7 min

Read previewA team inside X, Google's moonshot factory, was working on a revolutionary hearing device, Business Insider reported in 2021. A few months later, Wolverine's lead, Jason Rugolo, spun the project out of Alphabet and formed a startup named Iyo. Rugolo says the company plans to ship its first product by the end of this year. Rugolo told BI he hired Kraft for a stint at Google X to work on what would become Iyo. Iyo isn't the first X project to fly from Alphabet's nest, and it probably won't be the last.

Persons: —, Google's, Jason Rugolo, Rugolo, Iyo, Lockheed Martin, Sergey Brin, Noah Kraft, Kraft, we're, X Organizations: Service, Business, Lockheed, Horizons Ventures, US, ARPA, Research Projects Agency, Energy, Google, Doppler Labs, Spotify, TED, Wolverine, BI

☆ Miami is 'ground zero' for climate risk. People are moving to the area and building there anyway
▼ + stars: | 2024-04-26 | by ( Greg Iacurci | ) www.cnbc.com time to read: +20 min

South Pointe Beach in Miami Beach, Florida. Climate risk is "always on our thoughts," said Habibian, 39, who moved to Miami-Dade County about six years ago. Despite that risk, 66% of Miami-Dade County residents said they'd never leave, according to a study published in the journal Climate Risk Management. "We try to be smart about it, try to be proactive as best we can," Arditi said of climate risk. Juxtaposed at left was one of the last remaining patches of mangroves in the urban Miami area, a living memorial to a once-thriving population.

Persons: Greg Iacurci, Daniel Habibian, Harold Wanless, Sonia Brubaker, Saul Martinez, Andrew Rumbach, Rumbach, Joe Raedle, Irma, Al Diaz, they'd, Steven Bustamante, Bustamante, Jeff Greenberg, There's, David Arditi, Arditi, Aria's, Jeff Bezos, Goldman Sachs, Douglas Sacks, Ken Griffin, Brubaker, Biscayne Bay . Miami Worldcenter, Chandan Khanna, Dion Williams, Williams, Dion, Todd Crowl, Crowl, We're, Erik Salna, Chris Baraloto, Rita Teutonico, Amy Knowles, Knowles, it's, City of Miami Beach Greg Iacurci Miami Organizations: Greg Iacurci MIAMI, University of Miami, City, CNBC, Cumming Group, Florida Department of Transportation, Bentley, Bloomberg, Getty, Urban Institute, Organisation for Economic Co, Miami, Volunteers, Florida Keys, Miami Herald, Tribune, Service, Dade, Risk, Yale University's School of, Finance, SEC, Miami Beach, Universal, Group, Aria Development, National Association of Realtors ., Miami Realtors, Amazon, Citadel, Resorts, Bloomberg News, Dade County's, Getty Images, Residences, Pointe Park, Fifth, Afp, Federal Emergency Management Agency, Management, Sunshine, Insurance, Institute, Florida International University Institute of Environment, Hurricanes, University of Pennsylvania, International Hurricane Research, of, Florida International University, City of Miami Beach Locations: Pointe Beach, Miami Beach , Florida, Miami, South Beach, Dade, City of Miami, Dade County, New York, Fort Lauderdale, West Palm, South Florida, Florida, Tampa, St . Petersburg, Miami , Florida, Southeast Florida, Miami Beach, City, Aria's Miami, U.S, California , New York, New Jersey, America, Caribbean, New York City, Biscayne Bay . Miami, Pointe, It's, Surfside, . Florida, Biscayne Bay, Miami's, Bermuda, Kampong, Coconut Grove, Brittany Bay, South Pointe, City of, Brittany Bay Park

☆ Billions of dollars of Ukraine aid will be spent in the US. Here are the cities that could get a boost.
▼ + stars: | 2024-04-25 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +4 min

The Senate passed a $95 billion spending package that included aid for Ukraine, Israel, and Taiwan. AdvertisementOn April 23, the Senate passed a $95 billion spending package that included foreign aid for Ukraine, Israel, and Taiwan. In fact, an analysis of financial aid to Ukraine published in October by the website Breaking Defense found that a majority of the billions of dollars in Ukraine aid Congress had approved to date was ultimately spent in the US. The Ukraine aid is expected to be used to provide ammunition, artillery rounds, armored vehicles, and other weapons, the Associated Press reported. The factory, which is expected to employ 150 people when it opens, is expected to benefit from foreign aid to Ukraine.

Persons: —, Joe Biden, Biden Organizations: Service, Ukraine, Defense, Ukraine —, Associated Press, Washington, BAE Systems, New York Times, Dynamics Locations: Ukraine, Israel, Taiwan, Pennsylvania , Alabama , Illinois, Florida, Washington, California , Arizona , Alabama, Texas, Russia, Gaza, China, York , Pennsylvania, Troy , Alabama, Peoria , Illinois, Aiken , South Carolina, Elgin , Oklahoma, Niceville , Florida, Endicott , New York, Scranton , Pennsylvania, Iowa, Dallas, Mesquite

☆ A top fund manager is using these 7 global stocks to beat the market
▼ + stars: | 2024-04-22 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +3 min

Global stock markets may be coming under pressure from geopolitical tensions and sticky inflation — but one portfolio manager sees potential in several stocks. Hinchliffe oversees more than $1 billion of PineBridge's assets via its Global Focus Equity Fund . What we are trying to do is beat the benchmark by constructing our portfolio to be similar to the market from a risk perspective," Hinchliffe said. "We're not taking a view that small caps are better or worse this year than last year; we're not taking the view that growth stocks are better than value stocks. The portfolio manager noted that they "clearly led the market last year based on fantastic earnings growth by and large."

Persons: Rob Hinchliffe, Hinchliffe, —, Morningstar, We're, we're, France's Legrand Organizations: PineBridge Investments, CNBC Pro, Global Focus Equity Fund, Equity Fund, Stock, Microsoft, Nvidia, Walmart Locations: U.S, Swiss

☆ Stocks making the biggest moves before the bell: Tesla, Verizon, Block, Alcoa and more
▼ + stars: | 2024-04-22 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Li Auto , Tesla — The electric vehicle makers tumbled more then 7% and 3%, respectively, following announcements of price cuts. Tesla chopped down the sticker price of its Model 3 in China, on top of decreases in other markets Reuters reported . Verizon — The telecommunications giant traded 1.5% higher as earnings per share came in ahead of expectations. Block — Shares added 0.7% after Bank of America reiterated its buy rating on the financial services stock. Hut 8 — Shares gained 2.6% after Benchmark initiated coverage of the data center operator with a buy rating, citing Hut 8's diversified business model and its sizeable bitcoin holdings.

Persons: Li Auto, Tesla, Li, Xpeng, JPMorgan Chase, Morgan Stanley, —, Lisa Kailai Han, Hakyung Kim, Sarah Min Organizations: Tesla, Reuters, Verizon, FactSet, Wall Street, JPMorgan, Marathon, Alcoa, Bank of America Locations: China, New York

☆ Fiscal policy must stay the course to manage rising debt, IMF's Gaspar says
▼ + stars: | 2024-04-17 | 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 EmailFiscal policy must stay the course to manage rising debt, IMF's Gaspar saysVitor Gaspar, director of the IMF's fiscal affairs department, discusses the importance of fiscal and monetary policy working in tandem to tackle inflation.

Persons: IMF's Gaspar, Vitor Gaspar

☆ Israel's use of AI to find targets in Gaza offers a terrifying glimpse at where warfare could be headed
▼ + stars: | 2024-04-13 | by ( Chris Panella | ) www.businessinsider.com time to read: +13 min

Israel's reported use of AI in its war against Hamas is highlighting many of the problems concerning future warfare. There are military benefits to AI, but the tools to keep it in check aren't coming fast enough. AdvertisementArtificial intelligence is playing a key and, by some accounts, highly disturbing role in Israel's war in Gaza. AdvertisementIt's time-consuming, and in Israel's case, there's likely been a desire to develop a lot of targets very quickly, Scharre said. That's a substantial number of errors given the scale of Israel's air war and the significant increase in available targets provided by AI.

Persons: Israel's, —, It's, we've, Mick Ryan, MOHAMMED ABED, Lavender, Nadav Shoshani, Israel isn't, Peter Singer, JACK GUEZ, Ryan, There's, we'll, Paul Scharre, doesn't, MAHMUD HAMS, Scharre, Ahmad Hasaballah, Ruben Stewart, Georgia Hinds, Singer, it's, António Guterres, Mirjana Spoljaric, Amir Levy, aren't, Clint Hinote Organizations: Service, Getty, Israel's Defense Force, IDF, US, United Nations, Center for New American Security, Cross Military, Armed, UN, International Committee, Machines Locations: Gaza, Australian, Sderot, Israel, Ukraine, America, Russia, China, Hadera, AFP, US, Gaza City, Khan Yunis, Southern Israel

☆ Sam Altman's plans for AI's next act keep getting more complex
▼ + stars: | 2024-04-12 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +3 min

Sam Altman's plans for the next act of AI are getting more complex. The OpenAI CEO hopes to solve AI's chip shortage, energy demands and data needs. AdvertisementSam Altman's plans to bring the artificial intelligence industry into a new era are getting more complex by the day. That eye-watering sum gave a small insight into Altman's plans. Taken together, then, it looks like Altman is trying to mastermind a strategy to develop next-generation AI that involves the energy, chips and data sectors.

Persons: Sam Altman's, —, it's, Altman, Altman's, he's Organizations: Bloomberg, Service, United Arab Emirates, Energy Locations: Gulf, Davos, UAE, Washington

☆ Bitcoin and gold 'moving in tandem,' VanEck CEO says
▼ + stars: | 2024-04-09 | 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 EmailBitcoin and gold 'moving in tandem,' VanEck CEO saysJan van Eck, CEO of investment management firm VanEck, weighs in the on the bitcoin rally and the outlook for cryptocurrency markets.

Persons: Jan van Eck

☆ I went to the elite personal training gym for traders that works your mind and your body at the same time. This may be the future of fitness.
▼ + stars: | 2024-04-06 | by ( Hilary Brueck | ) www.businessinsider.com time to read: +6 min

AdvertisementHer exercise space is a funhouse for grown-ups, located in the middle of downtown Singapore's financial district, the Asian banking capital. It's the NeuroTracker, a brain game developed more than 14 years ago by a Canadian visual perception scientistRelated storiesIt's still a somewhat controversial device. This is ostensibly training my brain to focus, and improving my working memory. Pro athletes in the NFL, NBA, NHL, and MLB have incorporated Neurotracker into their training to level up. Brain training for longevity is still squishy science, for nowBut this training could soon be rolled out wider, buoyed by some research that suggests benefits.

Persons: I'm, Anna Milani, Milani, Lee Sidebottom, Sidebottom, aren't Organizations: Service, NFL, Premier League . Fighter, Business, US Air Force, Manchester United, Atlanta Falcons, Pro, NBA, NHL, MLB Locations: Singapore, Singapore's, Mexico City

☆ Video captures rare drone-on-drone combat as exploding Ukrainian quadcopters blow up Russian grenade-launching robots
▼ + stars: | 2024-04-01 | by ( Jake Epstein | ) www.businessinsider.com time to read: +5 min

Two quadcopter drones can be seen on video blowing up Russia's unmanned ground vehicles, or UGVs. AdvertisementNewly released footage shows Ukrainian quadcopter drones blowing up Russian grenade-launching robots, offering a rare glimpse of unmanned systems fighting each other on the battlefield. A video of the Ukrainian drones incapacitating Russian combat UGVs in yesterday's battle in the Avdiiv direction. Saturday's engagement also underscores the emerging role of unmanned ground vehicles, or UGVs, in the war. He said it's unclear if the Russian UGVs in the video were sent into battle instead of soldiers or in tandem with them.

Persons: —, 2Orep1fTPk, H4QFlsEQBm — Samuel Bendett, Samuel Bendett, Bendett Organizations: Service, Mechanized Brigade, Center for Naval Analyses Locations: Ukraine, Russian, Soviet, Avdiivka, Moscow

☆ A new Ozempic rival helps patients lose fat, but keep their muscle — the holy grail for a weight-loss drug
▼ + stars: | 2024-03-29 | by ( Hilary Brueck | ) www.businessinsider.com time to read: +3 min

A new GLP-1 drug, pemvidutide, helped patients lose fat while guarding muscle, like exercise does. That's impressive when you compare it to existing GLP-1 drugs like Ozempic and Wegovy (semaglutide), or Mounjaro and Zepbound (tirzepatide). This is why doctors recommend patients on weight loss drugs do some strength training in tandem with their medication. Pemvidutide, like tirzepatide is a two-part drug that combines a GLP-1 drug with another drug in a single shot. "There is a growing appreciation that the quality of weight loss is as important as the quantity of weight loss," Scott Harris, Altimmune's chief medical officer, said in a release.

Persons: Drugmakers Eli Lilly, —, Drugmaker Altimmune, Altimmune, Scott Harris, Eli Lilly, FierceBiotech, Versanis Organizations: Novo Nordisk, Service Locations: Altimmune, GLP

☆ Gold could start to overtake bitcoin as the cryptocurrency stalls at $70,000, says Wolfe Research
▼ + stars: | 2024-03-28 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +2 min

Gold has a chance to charge ahead of bitcoin as the flagship cryptocurrency hovers around the $70,000 level, according to Wolfe Research. However, bitcoin has also been mirroring its own moves from 2021, when the cryptocurrency rocketed twice to all-time highs, just before a deep pullback. "The gold vs. bitcoin ratio is nearing support while oversold on a weekly basis," said Ginsberg. "If our feeling on bitcoin is correct, and it continues to consolidate in this $60,000–$73,000 region, it may provide a good opportunity for gold to start outperforming." It has since returned to its highs and looks ready to reaccelerate, Ginsberg said, although selling pressure "has historically come on strong above $70,000."

Persons: bitcoin, Rob Ginsberg, Ginsberg Organizations: Wolfe Research Locations: bitcoin, U.S

☆ Ukraine is in a race to stop Russia's mounting glide-bomb attacks
▼ + stars: | 2024-03-27 | by ( Jake Epstein | ) www.businessinsider.com time to read: +11 min

Short flight times, small radar signatures, and non-ballistic trajectories make glide bombs particularly difficult to intercept as well. "When the Ukrainian air-defense bandwidth is all tied up, they then move in with the fixed-wing aircraft to conduct these glide-bomb attacks," he said. This includes the 1,100-pound FAB-500, 3,300-pound FAB-1500, and 6,600-pound FAB-3000 bombs — all of which can be modified and turned into glide bombs. "That makes the mission planning for attacks with standoff weapons that can hit fixed targets, like the glide bombs, quite practical," he explained. And it won't be entirely the fault of glide bombs — Kyiv needs all the tools its forces can get right now.

Persons: —, George Barros, Scott Peterson, they've, Alexander Ermochenko, Barros, Assad, Ivan Gavrylyuk, Justin Bronk, Su, ALEXANDER NEMENOV, Bronk, Volodymyr Zelenskyy, Alina Smutko, Ukraine doesn't Organizations: Service, Business, Institute for, REUTERS, Ukrainian, Ukrainian Armed Forces General Staff, Handout, Royal United Services Institute, Victory Day, Getty, Archer Artillery, Roman, Getty Images, Patriot, Infantry Brigade, Armed Forces Locations: Russia, Moscow, Ukraine, Russian, Petropavlivka, Avdiivka, Ukraine's Donetsk, Ukrainian, Kharkiv, AFP, Donetsk

☆ Here’s why high interest rates haven’t caused a US recession
▼ + stars: | 2024-03-19 | by ( Bryan Mena | ) edition.cnn.com time to read: +5 min

America’s economy remains remarkably solid, despite the high interest rates. The Fed dramatically cut interest rates in the early days of the Covid-19 pandemic to help shore up an economy dealing with high unemployment, prompting mortgage rates to also drop in tandem. Those homeowners who locked in an affordable 3% mortgage rate, for instance, aren’t likely to trade it for anything higher. Fed officials reflected in their latest economic projections from December that they expect to cut interest rates three times this year, which would also lower mortgage rates. That all means that Americans have been well equipped to deal with the effects of high interest rates.

Persons: Jerome Powell, ” Powell, ” Dan North, Freddie Mac, ” Karen Manna, Federated Hermes, “, ”, Powell Organizations: DC CNN, Federal Reserve, Reserve, CBS, Allianz Trade, CNN, Fed, Employers, Consumer Finances, Federated Locations: Washington

☆ TSMC considering advanced chip packaging capacity in Japan, sources say
▼ + stars: | 2024-03-18 | by ( ) www.cnbc.com time to read: +1 min

Worker walks outside the new semiconductor plant by Japan Advanced Semiconductor Manufacturing Company (JASM), a subsidiary of Taiwan's chip giant TSMC, in Kikuyo of the Kikuchi district, Kumamoto prefecture. Taiwan's TSMC is looking at building advanced packaging capacity in Japan, according to two sources familiar with the matter, a move that would add momentum to Japan's efforts to reboot its semiconductor industry. Taiwan's TSMC is looking at building advanced packaging capacity in Japan, according to two sources familiar with the matter, a move that would add momentum to Japan's efforts to reboot its semiconductor industry. One option the chipmaking giant is considering is bringing its chip on wafer on substrate, or CoWoS, packaging technology to Japan, according to one of the sources who was briefed on the matter. Demand for advanced semiconductor packaging has surged globally in tandem with the artificial intelligence boom, spurring chipmakers including TSMC, Samsung Electronics and Intel , to boost capacity.

Persons: TSMC Organizations: Japan Advanced Semiconductor Manufacturing Company, Taiwan Semiconductor Manufacturing, TSMC, Samsung Electronics, Intel Locations: Japan, Kikuyo, Kikuchi, Kumamoto prefecture, Taiwan's, Taiwan

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