DIRS.INFO The most relevant business & tech news

☆ 2 swing states show why the US is struggling to build enough houses
▼ + stars: | 2024-10-25 | by ( Eliza Relman | ) www.businessinsider.com time to read: +8 min

Two swing states — Arizona and Pennsylvania — exemplify in their own ways how housing markets across the country have failed to address the key issue they face: too few homes. Sprawling subdivisions helped accommodate the growing population and were enough to keep housing costs relatively low through the early 2010s. As demand spiked, snarled supply chains helped inflate construction costs. Home prices have risen 39% since January 2020, Horowitz noted, even though the state's population is shrinking. Like many other states, Pennsylvania has underbuilt housing since the 2008 financial crisis, which tanked the housing market.

Persons: —, Alex Horowitz, it's, Horowitz, Mario Tama, we've, Ben Metcalf, Metcalf, Josh Shapiro, Shapiro, Tucson Mayor Regina Romero, Kamala Harris, Donald Trump, He's, Harris, Redfin, Noah Sheidlower Organizations: Service, Pew's, Business, Getty Images, Terner Center, Housing Innovation, UC Berkeley, of Labor Statistics, Pennsylvania, Tucson Mayor, Federal Reserve Locations: Michigan, Wisconsin , Pennsylvania, Arizona, Georgia, North Carolina, Nevada, Zillow, Pennsylvania, Phoenix, . Pennsylvania

☆ The Washington Post and LA Times just stepped into a bigger political mess than the one they tried to avoid
▼ + stars: | 2024-10-25 | by ( Peter Kafka | ) www.businessinsider.com time to read: +7 min

The Washington Post's non-endorsement of Donald Trump or Kamala Harris has kicked up controversy. AdvertisementExplaining the non-endorsement decision in LAAt the Los Angeles Times, owner Soon-Shiong posted on Twitter/X on Wednesday trying to explain the paper's non-endorsement. Earlier this summer, the Times' editorial board had already declared that Trump was "patently unfit for office" and "an imminent threat to democracy." "The non-endorsement undermines the integrity of the editorial board and every single endorsement we make, down to school board races. AdvertisementBut no matter what their intentions truly are, the Post and Times' non-endorsements are going to be seen as political statements — no matter what.

Persons: Donald Trump, Kamala Harris, —, it's, Patrick Soon, Jeff Bezos, Will Lewis, Dia Dipasupil, Marty Baron, Donald Trump's, Lewis, Bezos, I've, Shiong, Trump, Mariel Garza, hadn't, Nika Organizations: Washington, LA Times, Service, Los Angeles Times, Post, New York Times, Editorial, Times, Columbia Journalism Locations: New, New York, LA, Gaza

☆ Welcome to the 'treat yourself' economy — where skincare and long hair rule
▼ + stars: | 2024-10-25 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +4 min

An uptick in personal care spending could be a sign US consumers are feeling more confident. Better-than-expected retail sales last month point to a coming "treat yourself economy." Those rising numbers point to a trend that Washington Post reporter Heather Long dubbed the "treat yourself economy" in a conversation with Marketplace last week. AdvertisementIt's an expensive trend that may have been less achievable a year or two ago when personal care spending was down nationwide. "Consumers are more willing to spend on the luxury or higher-quality personal care items they avoided during the downturn, such as high-end hair care or designer skincare goods."

Persons: —, Heather Long, Long, Peter C, Earle Organizations: Service, Washington Post, American Institute for Economic Research, Wall Street Locations: Utah

☆ Spirit Airlines is selling planes worth $500 million and cutting staff as it fights to stay in the air
▼ + stars: | 2024-10-25 | by ( Pete Syme | ) www.businessinsider.com time to read: +3 min

On Thursday, Spirit Airlines unveiled plans to cut costs and raise cash amid bankruptcy reports. Its stock rose after it said it would sell $519 million of Airbus jets and cut staff. AdvertisementSpirit Airlines' woes are growing more apparent as it works to raise cash by selling planes and cutting staff. AdvertisementIn a Thursday regulatory filing, Spirit said that it had agreed to sell 23 Airbus planes to GAT Telesis — a firm that specializes in aircraft maintenance, leasing, and selling parts. The airline's stock rose around 12% in pre-market trading Friday, suggesting Spirit may have found a route to avoid bankruptcy.

Persons: —, Spirit, GAT Telesis Organizations: Spirit Airlines, Airbus, JetBlue, Service, Airlines, Street, Frontier, Pratt & Whitney, Spirit, Business Locations: Delta

☆ I was a loyal iPhone user but switched to a foldable smartphone not yet available in the US. It was worth it — even at double the price.
▼ + stars: | 2024-10-25 | by ( Shubham Agarwal | ) www.businessinsider.com time to read: +7 min

I do everything on my phone: reading books, catching up on TV shows, doing the daily crossword. I was intrigued by foldable smartphonesAgarwal's most recent iPhone compared to his new Honor Magic V3 folded. Unfolded, the Magic V3 is 4.4mm thin, half the width of the latest iPhone 16.iPhone 13 Pro side on with the Honor Magic V3 folded. Shubham AgarwalAs with any other smartphone, the Honor Magic V3 has a tall 6.43-inch screen that dominates the front. The Honor Magic V3 is the first of many folding phones that challenge the smartphone status quo and could win.

Persons: Shubham Agarwal, Agarwal, —, It's, it's, I've Organizations: Service, Apple, Vodafone, Samsung Locations: China, Europe

☆ 8 million student-loan borrowers struggling to afford key long-term expenses could get debt cancellation through a new Biden proposal
▼ + stars: | 2024-10-25 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +5 min

The Education Department released its proposal to provide student-debt relief to borrowers facing hardship. AdvertisementPresident Joe Biden's Education Department has released another student-debt relief proposal — this time for borrowers facing hardship. "The rules proposed by the Biden-Harris Administration today would provide hope to millions of struggling Americans whose challenges may make them eligible for student debt relief." After that, the public will be able to submit comments and offer feedback to the Education Department on the plan. "If you are having to take on student debt, that is the hardship, point blank, period."

Persons: —, Joe Biden's, it's, Miguel Cardona, Harris, Cardona, Wisdom Cole, Persis Yu Organizations: Education Department, Service, Joe Biden's Education Department, Biden, Harris Administration, Federal, Education, GOP, Protection

☆ 3 simple tests that show how well you're aging, which you can do right now
▼ + stars: | 2024-10-25 | by ( Kim Schewitz | ) www.businessinsider.com time to read: +5 min

Good balance, strength, and a sturdy gait keep us mobile and independent as we age. There are other quick, simple tests you can do at home to help you assess how fit you are for your age. AdvertisementHow long a person can stand on one leg could reflect how well they're aging, according to a study. "If you have poor balance, you're at risk of falling, whether or not you're moving. It's typically used on older adults to test leg strength and endurance, but there's some evidence that it's also useful for measuring athletic performance in younger adults.

Persons: —, Kenton Kaufman, Kaufman, Dr, Sara Bonnes, Jennifer Tripkin, Fortune Organizations: Service, Mayo Clinic, PLOS ONE, National Institute, Aging, British, of Sports Medicine, Mayo Clinic study's, Getty, Healthy Longevity Clinic, of Gerontology, Biological Sciences, Center of Healthy Aging, National Council, European Locations: Minnesota

☆ The oldest living person in the U.S. has died aged 115. Here are 6 things that may have helped her stay healthy so long.
▼ + stars: | 2024-10-25 | by ( Serafina Kenny | ) www.businessinsider.com time to read: +4 min

Elizabeth Francis, the oldest living American, has died aged 115. Her faith was extremely strong," Harrison told ABC News. Francis also had some memory problems in her last years, but she was mentally alert and recognized her family, Williams told Today. She told Today last year: "It's not my secret. Harrison told ABC13 that she never saw her grandmother eat fast food.

Persons: Elizabeth Francis, —, William Taft, Theodore Roosevelt, couldn't, Elizabeth Francis —, Francis, Ethel Harrison, Harrison, Dorothy Williams, Williams, Francis didn't, ABC13, they'd Organizations: Service, ABC, ABC News, Washington Post Locations: Louisiana, Texas

☆ Trump-appointed appeals court judges say Mississippi is violating federal law with mail ballot deadline but don’t block it
▼ + stars: | 2024-10-25 | by ( Tierney Sneed | ) edition.cnn.com time to read: +4 min

CNN —A panel of three Donald Trump-appointed judges said Friday that Mississippi was violating federal law by counting mail ballots that arrive after Election Day, but stopped short of blocking the policy before the election, in a ruling that could nevertheless impact voting-related lawsuits this fall. The ruling from the 5th US Circuit Court of Appeals is a victory for the Republican National Committee and others who brought the case in Mississippi, a non-battleground state with very little mail-in voting, seeking a ruling by a far-right circuit court friendly to their arguments. “Voters deserve nothing less than a fair and transparent election which ends on November 5th. “Congress statutorily designated a singular ‘day for the election’ of members of Congress and the appointment of presidential electors,” the 5th Circuit panel said. “That is not to say all the ballots must be counted on Election Day,” the opinion states.

Persons: Donald Trump, “, Michael Whatley, ’, Trump’s, ”, Judge Andrew Oldham, James Ho, Kyle Duncan Organizations: CNN, Mississippi, Republican National Committee, statutorily, Representatives, Republicans, Trump Locations: Mississippi, Nevada , Ohio, Virginia, Maryland, California, New York

☆ If South Korea decides to get involved in Ukraine, it has powerful options
▼ + stars: | 2024-10-25 | by ( Tom Porter | ) www.businessinsider.com time to read: +6 min

But South Korea remains wary of getting involved in the Ukraine war. GAVRIIL GRIGOROV via Getty ImagesSouth Korea hesitatesSignificant obstacles stand in the way of South Korea arming Ukraine, though. Chan said South Korea's President Yoon Suk-yeol was domestically unpopular and would encounter difficulties repealing the law via South Korea's center-left-dominated National Assembly. AdvertisementBut the escalating alliance between Russia and North Korea may soon reach a point where South Korea feels it needs to act. Because of Russia's increasing reliance on North Korea, Kim finds himself in a powerful position to negotiate sophisticated technology in return.

Persons: —, Yonhap, Jeremy Chan, Chan, Ellen Kim, Kim, Lloyd Austin, Kim Jong, Russia's Vladimir Putin, GAVRIIL GRIGOROV, Yoon Suk, yeol, Kim Jong Un, Joon Cho, Yoon, Sean McFate Organizations: Russia, Service, Security Council, South, Eurasia Group, Center for Strategic, International Studies, North, US, Getty Images, National, National Assembly, Kremlin, Georgetown University Locations: Korea, Ukraine, South Korea, North Korea, Russia, Seoul, Korean, China, Asia, Poland, Washington ,, Kyiv, Pyongyang, South Korea's, South, Moscow

A deadly E. coli outbreak linked to McDonald 's Quarter Pounders has led to 75 cases in 13 states, the Centers for Disease Control and Prevention said Friday, as it investigates the source of the spread. All of the 42 people who were interviewed by the CDC reported eating at McDonald's, while 39 people reported eating a beef hamburger, the agency said. Quarter Pounder hamburgers are a core menu item for McDonald's, raking in billions of dollars annually. As the CDC and other federal agencies trace cases and work to contain the outbreak, McDonald's has pulled Quarter Pounders from restaurants in the affected areas. Experts told CNBC that barring a more serious crisis, the damage to its brand may be minimal, as with an E. coli outbreak linked to Wendy's two years ago.

Persons: McDonald, McDonald's, Burger, Taco Bell, McDonald's spokespeople, Price Organizations: Centers for Disease Control, Prevention, CDC, Health, KFC, Taco, McDonald's, Wall Street, CNBC Locations: Colorado, McDonald's, Colorado , Kansas , Utah , Wyoming, Idaho , Iowa , Missouri, Montana , Nebraska , Nevada , New Mexico, Oklahoma, California, McDonald's U.S

☆ Meet Liam Fedus, the person responsible for getting OpenAI's new products out the door
▼ + stars: | 2024-10-25 | by ( Darius Rafieyan | ) www.businessinsider.com time to read: +4 min

The post-training team is currently led by Liam Fedus, a researcher who helped develop ChatGPT. Fedus is the third person to lead the in the past six months. Among them is the post-training team, which is responsible for preparing AI models for wide release and has had three leaders in the past six months. Currently leading post-training is Liam Fedus , a machine learning researcher who was part of a group of researchers that developed ChatGPT. Fedus was also one of seven OpenAI researchers who developed a group of advanced reasoning models known as Strawberry .

Persons: Liam Fedus, Fedus, —, Barret Zoph, Mira Murati, Bob McGrew ., Miles Brundage, It's, Sam Altman, Zoph, John Schulman, Anthropic, OpenAI Organizations: Service, MIT Technology, MIT, Fidelity, UC San Diego, collider, University of Montreal, Google, OpenAI Locations: OpenAI, Switzerland

☆ Costco recalls salmon products over listeria contamination concern
▼ + stars: | 2024-10-25 | by ( John Towfighi | ) edition.cnn.com time to read: +7 min

CNN —Costco is recalling smoked salmon products over possible listeria contamination. There have been at least 10 reported deaths and 59 hospitalizations across 19 states due to the listeria outbreak, according to the CDC. In October, there have multiple instances of recalls like Costco’s salmon products due to potential listeria contamination, according to the FDA, which tracks public announcements. While the recalls come on the heels of the Boar’s Head listeria outbreak and McDonald’s E. coli outbreak, experts told CNN that an increase in recalls over potential contamination isn’t necessarily cause for concern. On October 24, the FDA announced a recall of chicken taco kits produced by Sprouts Farmers Markets over potential listeria contamination.

Persons: Salmon, Costco’s, Francisco Diez, Gonzalez, BrucePac, Diez, ”, ” Diez, “ It’s, bode Organizations: CNN, Costco, US Center, Disease Controls, Kirkland, Acme, Fish Corp, CDC, listeria, US Food and Drug Administration, FDA, Center for Food Safety, University of Georgia, Farmers, Treehouse Foods, Target, Walmart, US Department of Agriculture, Consumers Locations: Virginia

☆ Fact check: How Trump’s TV ads deceive viewers with misleadingly edited quotes
▼ + stars: | 2024-10-25 | by ( Daniel Dale | ) edition.cnn.com time to read: +7 min

Washington CNN —Former President Donald Trump’s late-campaign television ads are littered with deceptively edited and misleadingly described quotations. Multiple Trump ads omit critical words from quotes by and about Vice President Kamala Harris on the subject of tax policy. One Trump ad misleadingly depicts comments about fracking from Trump’s campaign and administration as if they were comments from independent news organizations. Tactic: Cutting out key wordsOne Trump ad deletes critical words from two separate quotes on Harris’ tax policies. Those ads feature on-screen text saying “Harris would raise taxes,” attributing those words to a CBS News article.

Persons: Donald Trump’s, Kamala Harris, Trump, Harris, Karoline Leavitt, ”, —, “ Harris, Joe Biden, Harris –, Dan Brouillette, “, Biden, can’t, “ Biden, ’ Organizations: Washington CNN, Trump, Biden, Customs, “, AdImpact, New York Times, Times, CBS, Reuters, E, Energy, Welfare, illegals, NBC, Newsweek, Customs Enforcement, CNN, ICE Locations: Pennsylvania, Michigan

Other airlines recovered more quickly than Atlanta-based Delta, which said the incident reduced revenue by $380 million and brought $170 million in costs. Days after the outage, Delta hired David Boies of law firm Boies Schiller Flexner to seek damages from CrowdStrike and Microsoft . Delta had disabled automatic updates from CrowdStrike but this one reached its computers anyway, the airline said in the suit. Microsoft discussed various potential enhancements with CrowdStrike and other endpoint security software sellers at a summit in September. WATCH: Delta fires back at CrowdStrike, says outage cost $380 million in revenue

Persons: John F, David Boies, Boies Schiller Flexner, Delta, CrowdStrike, Ed Bastian, didn't, George Kurtz Organizations: Delta Air Lines, Kennedy International Airport, CrowdStrike, Delta, Microsoft, CNBC Locations: Queens , New York City, U.S, Georgia, Atlanta, CrowdStrike

☆ Ohio GOP candidate in key Senate race uses anti-recording tech to combat 'trackers'
▼ + stars: | 2024-10-25 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +5 min

Bernie Moreno is hoping to unseat Sen. Sherrod Brown in a race that will help decide Senate control. Now, his campaign is deploying anti-recording technology against "trackers" who try to record him. Moreno's campaign acknowledged using an anti-recording device in a statement to BI but said the device was only being used against trackers, not regular event attendees. It's unclear exactly which device the Moreno campaign is using, but it resembles a microphone jammer available online for roughly $400. The former GOP presidential candidate Nikki Haley even weighed in, writing on X: "Are you trying to lose the election?"

Persons: Bernie Moreno, Sen, Sherrod Brown, He's, —, he's, Bernie Moreno —, Democratic Sen, Moreno, Moreno's, Warren, Brown, Nikki Haley, it’s, AUEX3snGQ9 — Sherrod Brown, Reagan McCarthy, McCarthy, Republicans — Organizations: Service, Republican, Democratic, BI, Business, Ohio Democratic Party, GOP, National Republican, Republicans Locations: Warren , Ohio, Ohio, Omaha

☆ Elon Musk has spent more than $130 million on Trump and the GOP this year
▼ + stars: | 2024-10-25 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +3 min

Elon Musk's publicly disclosed spending for Trump and Republicans has exceeded $130 million. He also gave $10 million to a Mitch McConnell-aligned super PAC that helps elect Senate Republicans. AdvertisementElon Musk has now spent more than $130 million this year to elect Donald Trump and other Republican candidates, according to documents filed with the Federal Election Commission on Thursday. After pouring nearly $75 million into America PAC between July and September, Musk contributed another $43.6 million to the super PAC in the first two weeks of October. AdvertisementAltogether, Musk's publicly reported spending exceeds $130 million, though it's possible he's spent more than that on the election.

Persons: Elon Musk's, Mitch McConnell, —, Elon Musk, Donald Trump, Musk, Tony Gonzales, Musk's, Kamala Harris Organizations: Trump, Republicans, Trump " America PAC, Service, Republican, Federal, America PAC, businessman's, Leadership Fund, Senate Republicans, Leadership Alliance, National Republican Congressional Committee, House Republicans, titans, Department of Justice Locations: Tony Gonzales of Texas, Israel, Pennsylvania

☆ Helen Mirren has been bringing up Kurt Cobain missing out on modern technology for years
▼ + stars: | 2024-10-25 | by ( Palmer Haasch | ) www.businessinsider.com time to read: +4 min

Helen Mirren's comments about Kurt Cobain never experiencing GPS went viral. Look at Kurt Cobain — he hardly even saw a computer!" In 2020, Mirren mentioned Cobain in the context of GPS technology in an interview with Oprah's website. "I think about Kurt Cobain and all that he missed. As for why that anecdote is about Kurt Cobain?

Persons: Helen Mirren's, Kurt Cobain, Mirren, Cobain, she's, —, Dame Helen Mirren, Oprah Winfrey, Winfrey, Kurt Cobain —, it's, that's Organizations: Service, Mirren, NPR, GPS, Google, Apple, Cosmopolitan, The Daily

☆ I was the last generation in college without a smartphone. We were more spontaneous, and social media didn't dictate our lives.
▼ + stars: | 2024-10-25 | by ( Vanessa Ogle | ) www.businessinsider.com time to read: +5 min

AdvertisementWhen I took a college tour in the early 2000s, I walked carefully around campus, making note of pivotal places. While it may seem inconvenient now or even scary, being among the last generation to enter college without a smartphone was a gift. Facebook was popular, but social media didn't dominate our on-campus lives. Related storiesI checked social media on a computer sporadically, and then I was off to live my life and meet new people. Connecting with people was more intentionalNot being so connected online helped me be more connected in real life with my friends.

Persons: —, hadn't Organizations: Service, Facebook

☆ Chinese hackers targeted Trump and Vance’s phone data
▼ + stars: | 2024-10-25 | by ( Sean Lyngaas | Kristen Holmes | ) edition.cnn.com time to read: +3 min

The Chinese hackers also targeted people affiliated with the Harris-Walz campaign, another source familiar with the matter told CNN. US officials informed the Trump campaign this week that Trump and Vance were among a group of people whose phones were targeted by the Chinese hackers, one of the sources said. In a statement, Trump campaign spokesperson Steven Cheung attacked the Harris campaign for allegedly emboldening China. The activity is part of a much broader Chinese hacking campaign that has infiltrated multiple US telecommunications firms in the last several months. US officials have briefed members of the House and Senate intelligence committees on the Chinese hacking campaign.

Persons: Donald Trump, Vance, Harris, Walz, Trump, Steven Cheung, “, CISA “, ” Sen, Mark Warner, Mark Green Organizations: CNN, Senior Biden, U.S, Government, FBI, Infrastructure Security Agency, The New York Times, Justice Department, Trump, Major, Verizon, Lumen, Typhoon, Virginia Democrat, House Homeland Security, ”, Tennessee Republican Locations: China, People’s Republic of China, Iran, Russia

☆ What you need to know about the Chinese EV loved by Ford's CEO — and why you can't get it in the US
▼ + stars: | 2024-10-25 | by ( Benjamin Zhang | ) www.businessinsider.com time to read: +5 min

Ford CEO Jim Farley praised the Xiaomi SU7, a new Chinese EV he's driving. Costfoto/NurPhoto via Getty ImagesThe SU7 is Xiaomi's first vehicle since the Chinese smartphone and consumer electronics giant announced plans to build an EV in March 2021. Costfoto/NurPhoto via Getty ImagesThe SU7 comes in three versions — the SU7, SU7 Pro, and the SU7 Max — that start at 215,900 yuan or about $30,300. Costfoto/NurPhoto via Getty ImagesThe SU7 turns up the wow factor in the cabin. Costfoto/NurPhoto via Getty ImagesThe car also features some impressive performance.

Persons: Jim Farley, Xiaomi, —, he's, They're, Farley, it's, Max —, Max, Ford EVs Organizations: he's, Service, Getty, Beijing Automotive, Hyundai, Mercedes, Benz, Xiaomi, Tesla, McLaren, Future Publishing Locations: China, Chicago, Shanghai

☆ 'People are furious': Bezos faces a Washington Post revolt after he reportedly blocked the paper from endorsing Harris
▼ + stars: | 2024-10-25 | by ( Lucia Moses | ) www.businessinsider.com time to read: +5 min

The paper reported owner Jeff Bezos made the call and that a Harris endorsement was planned. Advertisement"I've seen a lot of angst; people are upset," another Washington Post insider said. The newspaper's editorial guild posted a statement saying Lewis' decision raised concerns that management interfered with the editorial department and readers were canceling their subscriptions. A spokesperson for the Washington Post referred to Lewis' statement and declined to comment on any follow-up questions. Trump has mocked Bezos and the Washington Post, calling him "Jeff Bozo."

Persons: Jeff Bezos, Harris, —, Robert Kagan, Semafor, Donald Trump, Will Lewis, Lewis, y5irP62zFk — Jeffrey Wright 🥜, aron, ears., uzbee Organizations: Service, Washington Post, Washington, ost, ashington Locations: Washington, ashington

☆ Denny's is closing 150 locations in the latest sign of the squeeze on family dining
▼ + stars: | 2024-10-25 | by ( Nora Redmond | ) www.businessinsider.com time to read: +4 min

AdvertisementDenny's is the latest casualty of the squeeze on family dining chains, announcing this week that it plans to close about 150 locations before 2026. "We believe this is absolutely the right thing to do to make our system stronger," Denny's CEO Kelli Valade told investors. "Everyone has lost traffic," Denny's CEO Valade said. The turn toward takeoutThe rise in takeout has also impacted family dining as more customers look to order food in rather than go out. "They are drawing customers away from traditional family dining establishments," Puzhakov said.

Persons: —, Kelli Valade, Valade, Gregg Majewski, Neil Saunders, Tomas Gorny, Gorny, Elijah Puzhakov, Puzhakov Organizations: Service, Securities, Exchange, Craveworthy Brands, McDonald's, KFC Locations: Olive, takeout

☆ Xi undercut the West by negotiating a truce in China's long feud with India
▼ + stars: | 2024-10-25 | by ( Tom Porter | Hannah Abraham | ) www.businessinsider.com time to read: +6 min

China's Xi Jinping negotiated a truce with India's leader, Narendra Modi. AdvertisementAt the BRICS summit in Russia this week, China's leader Xi Jinping and India's Prime Minister Narendra Modi shook hands for the first time in five years. AdvertisementAfter their meeting at the summit hosted by Russia's President Vladimir Putin, Xi and Modi said they would continue discussions on resolving the issue. AdvertisementIn any case, its a setback in US attempts to include India in a deeper security alliance, he said. "For a long time, the US has tried to develop security and defense ties with India," said Panda.

Persons: China's Xi Jinping, Narendra Modi, that's, —, Xi Jinping, Vladimir Putin, Xi, Modi, Jagannath Panda, Putin, Zhiqun Zhu, Zhu, Yawar Nazir, Praveen Donthi, there's, Rahul Bhatia, Donthi, it's Organizations: Service, India's, Russia's, US, Stockholm Center, South, Pacific Affairs, Bucknell University, America, Reuters, Quad Alliance, Getty, Eurasia Group Locations: China, Russia, Washington ,, India, Japan, Australia, United States, Beijing, Asia, Pacific, Indian, Leh, South Asia, Europe, Ukraine, Taiwan

☆ Jamie Dimon says the global order is at risk — and raging conflicts could explode into World War 3
▼ + stars: | 2024-10-25 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +3 min

JPMorgan CEO Jamie Dimon said US adversaries want to dismantle the world order. The bank chief said the Russia-Ukraine and Israel-Gaza conflicts could escalate into World War III. AdvertisementJamie Dimon says US adversaries want to topple the world order, and the Russia-Ukraine and Israel-Hamas conflicts could explode into a new world war. Dimon emphasized the risk that global warfare could break out, citing his historical knowledge and a recent Washington Post article that said, "World War III has already begun." Ray Dalio, another Wall Street billionaire and a financial historian, said last October that the chance of a world war involving the US and China had jumped from 35% to 50% over the previous two years.

Persons: Jamie Dimon, Dimon, —, Vladimir Putin's, We've, it's, Ray Dalio Organizations: Service, JPMorgan, Institute for International, Washington Post, Wall Street Locations: Russia, Ukraine, Israel, Gaza, China, Western, Washington , DC, Washington, Iran

Search resuls for: "Related"

25 mentions found