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☆ Why the election felt like the 2021 meme stock rally — but way bigger
▼ + stars: | 2024-11-08 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +6 min

The US election showed shades of the meme stock mania of early 2021. Ron DeSantis' Presidential Announcement with Elon MuskSimilarly, in February 2021, Cuban thanked members of Reddit's WallStreetBets forum for "changing the game" and "taking on Wall Street." Wall Street traders watched the swings in election betting markets to assess the state of the presidential race and inform their investments, Malek added. Trump Media & Technology Group, the parent company of Truth Social which counts the president-elect as its majority shareholder, unites several of these ideas. AdvertisementThere are clear parallels between the meme stock mania of early 2021 and the social-media chatter and betting-platform activity going into the election.

Persons: Elon Musk, Mark Cuban, —, Musk, Trump, Ron DeSantis, Cuban, Reddit's, dogecoin, Kamala Harris, It's, Neil Wilson, Keith, Gill, Young, Joe Rogan, Mark Malek, Siebert, Malek, Naeem Aslam, Tesla, Dan Coatsworth, AJ Bell Organizations: Service, GameStop, Florida Gov, Elon, Democratic, Trump, WSB, Wall Street, titans, Wall, Zaye, Markets, Trump Media & Technology Group, Truth, White Locations: America, Florida, Polymarket, WallStreetBets, . Washington

☆ I used to be a VIP tour guide at Disneyland. Here are 5 things you should never do in the park.
▼ + stars: | 2024-11-08 | by ( Amber Wainwright | ) www.businessinsider.com time to read: +5 min

I worked as a VIP tour guide at Disneyland, so I know which offerings aren't worth visitors' time. AdvertisementIn the five years I worked as a VIP tour guide at Disneyland, I got to know the park very well. Amber WainwrightNothing beats a sky-high view of the park, but the Pixar Pal-A-Round isn't as relaxing as it looks. Don't shop for merch until you're on your way out of the parkDon't buy your merch until you're about to leave the park. AdvertisementAvoid the Mickey & Friends parking structureNo matter where you park at Disneyland, there will likely be many cars already there.

Persons: —, Amber Wainwright, Steer, I've Organizations: Pixar, Mickey, Service, Friends, City Hall Locations: Fantasyland

☆ Nissan stock slumps after it announces 9,000 job cuts and a plan to slash production
▼ + stars: | 2024-11-08 | by ( ) edition.cnn.com time to read: +2 min

Nissan Motor shares slumped 6% in Tokyo trade Friday, a day after the Japanese automaker said it would cut 9,000 jobs and a fifth of its manufacturing capacity as it struggles with sales in China and the United States. It said restructuring would cut costs by 400 billion yen ($2.61 billion) in the financial year to the end of March. Nissan is also challenged in the US where it lacks a line-up of hybrids just as that vehicle type is in strong demand. On Friday, Japan’s Minister of Economy, Trade and Industry Yoji Muto declined to comment to reporters when asked his views on potential government support for Nissan. “The company released its mid-term plan this spring, but in the end there was no meaning to that.

Persons: Japan’s, Makoto Uchida, Carlos Ghosn, Industry Yoji Muto, Seiji Sugiura, ” Sugiura, Nissan’s Organizations: Nissan Motor, Nissan, Renault, Japan’s, Economy, Trade, Industry, Tokai Tokyo Intelligence Laboratory Locations: Tokyo, China, United States

☆ I begged my daughter not to go away for college and instead stay home. She refused, and I can't let go of my fear.
▼ + stars: | 2024-11-08 | by ( Tim Stevensen | ) www.businessinsider.com time to read: +5 min

My daughter is excited to go to college and wants to live in the dorms. We have been fighting about this issue a lot, but I'm trying to let go of my fear. But this idea has caused a lot of tussle at homeSydney and I have been constantly arguing about her college living arrangements. I would like her to live at home and commute to college, while she wants to experience college in the typical way by living on-campus in the dorms. I try to be kind in explaining my college experience and my great concern for her living in school.

Persons: —, I'm, I've Organizations: Service, Sydney Locations: Sydney, Texas

☆ Microsoft added AI to software it has barely touched since 1985. The results are astonishing
▼ + stars: | 2024-11-08 | by ( John Towfighi | ) edition.cnn.com time to read: +4 min

Microsoft — like its Big Tech competitors — is introducing AI to its consumer products, from virtual chatbot assistants to notetaking and editing tools. In October, Microsoft introduced a sweeping update to its Copilot virtual assistant in an effort to make it more useful and user-friendly, CEO of Microsoft AI Mustafa Suleyman previously told CNN. Microsoft users will also see AI features in Notepad, Microsoft’s writing platform, allowing them to use the new technology to help rewrite or edit sentences. For example, users can type a sentence, and then prompt the AI tool to rewrite the sentence or modify its tone or length. Apple’s “Writing Tools,” an editing tool, is similar to Microsoft’s AI features in Notepad.

Persons: Picasso, OpenAI’s Dall, it’s, Dave Grochocki, Mark Zuckerberg, ” Zuckerberg, Mustafa Suleyman Organizations: CNN, Microsoft, Big Tech, —, Windows, OpenAI, Facebook, Apple Locations: Europe, Notepad

☆ Pentagon officials discussing how to respond if Trump issues controversial orders
▼ + stars: | 2024-11-08 | by ( Natasha Bertrand | Haley Britzky | ) edition.cnn.com time to read: +9 min

CNN —Pentagon officials are holding informal discussions about how the Department of Defense would respond if Donald Trump issues orders to deploy active-duty troops domestically and fire large swaths of apolitical staffers, defense officials told CNN. “Troops are compelled by law to disobey unlawful orders,” said another defense official. “But the question is what happens then – do we see resignations from senior military leaders? At the time, defense officials tried to include as few civilian employees as possible to limit the impact to the workforce, sources said. But “there are still ways a new administration could work around these protections,” a defense official said, even if it might take several months to do so.

Persons: Donald Trump, Trump, ”, Mark Milley, “, Defense Lloyd Austin, Milley, John Kelly, Trump’s, Kelly, Hitler’s, Biden, –, George Floyd, …, Austin, ” CNN’s Oren Liebermann Organizations: CNN, Pentagon, Department of Defense, Joint Chiefs, Staff, ”, “ Troops, Trump, White, DoD, Defense, National Guard, White House, Defense Department, Customs, Reserves, Army, Congress, United States, Civilian, National Security and Intelligence, Management Locations: ’, ”, Hitler’s Nazi, United States

☆ My autism makes networking extra challenging. Here's what I wish people knew.
▼ + stars: | 2024-11-08 | by ( Hannah Wang | ) www.businessinsider.com time to read: +4 min

After I was diagnosed with autism, it made sense why these networking events were so hard for me. I didn't have to maintain eye contact with someone new every five minutes or try to make out what they were saying over a loud crowd. Then, three years later, I was diagnosed with autism at 21, and it suddenly made sense why networking was extra difficult for me. Breaking eye contact doesn't mean I'm not interested in talking anymoreMaking eye contact is not easy for me. Traditional networking spaces make networking a nightmare for meAll the networking spaces I've been in have made networking extra challenging for me.

Persons: —, I've, we're, It's Organizations: Service, Autism

☆ Bill Ackman plans to pull his companies out of Amsterdam after antisemitic attacks
▼ + stars: | 2024-11-08 | by ( Auzinea Bacon | ) edition.cnn.com time to read: +2 min

CNN —Billionaire hedge fund manager Bill Ackman wants Pershing Square Holdings and Universal Music Group out of Euronext Amsterdam following attacks this week on Israeli soccer fans in the Dutch capital. In the post, he said that moving Pershing Square would save money and improve liquidity for its shareholders. The move for Universal Music Group, where Ackman is a board member, was also influenced by the attacks in Amsterdam. He wrote that Pershing Square has contractual rights to help move Universal Music Group from its Amsterdam headquarters and stock exchange. Universal Music and Pershing Square Holdings did not immediately respond to CNN’s requests for comment.

Persons: Bill Ackman, ” Ackman, Ackman, ” Organizations: CNN, Billionaire, Pershing Square Holdings, Universal Music Group, London Stock Exchange, Pershing, Europa League soccer, Israel’s Maccabi Tel, Ajax, Capital Management, LSE, Universal Music, New York Stock Exchange, Nasdaq Locations: Amsterdam, “, Israeli, Israel’s Maccabi Tel Aviv, Dutch

☆ After two presidential losses, women wonder what it will take to shatter the glass ceiling
▼ + stars: | 2024-11-08 | by ( Arit John | ) edition.cnn.com time to read: +8 min

For the second time in eight years, the highest, hardest glass ceiling survived millions of tiny cracks, once again testing the optimism of those who hope to see the first female president elected. The late Rep. Shirley Chisholm, a former New York congresswoman, became the first Black woman to seek the office in 1972. “I’m ready for a female president, I just don’t think that most of America is yet, and I don’t know why,” she said. In the Senate, Angela Alsobrooks will be the first Black woman to represent Maryland and Lisa Blunt Rochester will be the first woman to represent Delaware. Together, the two Democrats will be the first two Black women to serve in the chamber at the same time.

Persons: Kamala Harris, Janet Edwards, Harris, “ I’m, ” Edwards, ”, Donald Trump, Shirley Chisholm, ” Harris ’, Chisholm, Hillary Clinton, Barack Obama, Clinton, Joe Biden, –, Trump, Clinton –, Melinda Corey, “, ” Priya Lewis, Kamori Thomas, Howard University – Harris, alma, Thomas, ” Thomas, ” Lewis, Harris –, “ We’ve, Kelly Dittmar, Dittmar, Harris ’, Nadia Brown, Brown, Angela Alsobrooks, Lisa Blunt Rochester, Republican Julie Fedorchak, Sarah McBride of, David Axelrod, ‘, I’ve, Axelrod, – Harris, who’d, ” Harris, Christina Reynolds, doesn’t Organizations: CNN, Howard University, “, White House, Victoria, Equal Rights Party, Democratic, Trump, Center for American Women, Georgetown University, “ Research, House, Republican, Democratic National Convention Locations: Washington, Italy, North Macedonia, Mexico, New York, America, –, Maryland, Delaware, Sarah McBride of Delaware, DC

☆ Feeling stressed this week? A walk outside can help
▼ + stars: | 2024-11-08 | by ( Katia Hetter | ) edition.cnn.com time to read: +6 min

Our six-part mindfulness guide will inform and inspire you to reduce stress while learning how to harness it. CNN —No matter their political persuasion, many people may be feeling stressed and anxious during election week in the United States. Johner RF/Getty ImagesCNN: You’ve mentioned that walking outside can help reduce stress. Wen: I would first ask what has the person done before that has helped them reduce stress. Please talk to your primary care clinician or mental health provider if you are struggling.

Persons: Leana Wen, Wen, You’ve, it’s, don’t Organizations: CNN, George Washington University, Getty Locations: United States, Japan, Australia

☆ The best writing online about why Trump won, why Harris lost, and what it all means
▼ + stars: | 2024-11-08 | by ( Theron Mohamed | Erin Snodgrass | ) www.businessinsider.com time to read: +20 min

Commentators and academics have been weighing in on why Donald Trump won the US election. The images of him bleeding after a failed assassination attempt became the symbol of what supporters saw as a campaign of destinyHow Mr. Trump won is also the story of how Ms. Harris lost. Laurel Duggan, UnHerdWhy white women stuck with TrumpAdvertisementThe abortion issue had seemingly little impact on Republicans's performance with white women in this cycle. Nate Silver, founder of FiveThirtyEight and author of the Silver Bulletin newsletterSilver republished a lengthy blog post from late October with the new title "24 reasons that Trump won." Nate Silver offered up 24 reasons why Trump won.

Persons: Donald Trump, —, There's, Donald Trump's, They've, Kamala Harris, Frank Bruni, Let's, Harris, aren't, Hannibal Lecter, Trump, Allysia Finley, Taylor Swift, Taylor, Swift, they'd, I'd, Sarah Baxter, Mueller, Francis Fukuyama, Ankush Khardori, Politico Trump, Shane Goldmacher, Maggie Haberman, Jonathan Swan, MAGA, Biden's, John Burn, Alexandra Ulmer, Gram Slattery, Elon Musk, Jim VandeHei, Mike Allen, Axios, David Weigel, Annie Lowrey, Biden, Gerard Baker, Hitler, Laurel Duggan, UnHerd, Sen, Chuck Schumer, Todd Landman, Evan Vucci Steve Hanke, Ronald Reagan, Steve Hanke, Reagan, Steve Hanke Nate Cohn, Tina Fordham, Trump's, Nate Silver, FiveThirtyEight, AP Matthew Yglesias, Yglesias, overperform electorally, Dominic Sandbrook, Sandbrook, Hillary Clinton, Tom Williams, Eric Cortellessa, Musk, Eric Cortellessa's Organizations: Service, Democratic, The New York Times Democrats, Trump, Street, Democrats Get, demeaned, Democrats, Financial, Republican, Biden, The New York Times, Trump Won, Republican Party, Britain's, Reuters Trump, White, Republicans —, Trump Republicans, Semafor, The Atlantic Voters, The, Democrat, Republicans, University of Nottingham, AP, Johns Hopkins University, Silver Locations: Trump, Ukraine, White, London, Florida, South Dakota, Arizona, Pennsylvania, Philadelphia, Ohio, Illinois, Wisconsin, Washington, New York City, San Francisco, Israel, California

☆ Steve Madden is getting out of China just days after Trump’s victory. But there’s a catch
▼ + stars: | 2024-11-08 | by ( David Goldman | ) edition.cnn.com time to read: +5 min

One US company, just two days after Trump’s reelection, says it isn’t wasting time getting out of China. Steve Madden, a $3 billion shoe company, announced Thursday that it would rapidly halve its Chinese production to avoid Trump’s tariffs. But here’s the catch: Steve Madden isn’t moving its production to the United States. ‘There for a reason’The retail industry has been crying foul over Trump’s tariffs for quite some time – apparel and shoe companies in particular. Trump’s tariffs could cost the typical middle-income US household more than $2,600 per year, according to research from Peterson Institute for International Economics.

Persons: Donald Trump, Steve Madden, Steve Madden’s, Edward Rosenfeld, “, ” Rosenfeld, Rosenfeld, Trump, Joe Biden, Madden, Laura Champine, ” Champine, it’s, Douglas Holtz, Eakin, Steven Mnuchin, Donald Trump’s, CNN’s Jake Tapper, ” Mnuchin, Mnuchin Organizations: CNN, Trump, Wall Street, National Retail Federation, Companies, Wall, American, Peterson Institute for International Economics Locations: United States, China, USA, Cambodia, Vietnam, Mexico, Brazil, America

Over 200,000 people looked up the “4B movement” on Google on Wednesday, making it one of the top trending topics on the online search engine. Of the female voters, 91% of Black women voted for Harris vs. 7% who voted for Trump, and 57% of college-educated white women voted for Harris vs. 41% who voted for Trump. Of the male voters, 37% of white men voted for Harris vs. 60% who voted for Trump, and 47% of college-educated white men voted for Harris vs. 50% who voted for Trump. Aleisa Mora, 30, posted a TikTok about the 4B movement in March after reading the English translation of the book “Kim Jiyoung, Born 1982” by Cho Nam-Joo, which is largely credited as the book that began the 4B movement. However, she said those comments only underscore her belief in why the 4B movement is needed in the United States.

Persons: Donald Trump, Meera Choi, ”, Choi, Kamala Harris, —, Harris, Joe Biden, ” Choi, Yoon Suk Yeol, Aleisa Mora, Kim Jiyoung, Cho Nam, “ We’ve, Ahn Young, we’re, ’ ” Mora, Marykate Cecilia, “, Cecilia, ” Cecilia Organizations: Google, Yale University, South, “, Trump, NBC, Data, World Bank, U.S Locations: TikTok, South Korea, South Korean, United States, Seoul

☆ Tex-Mex recipes that are cheesy and delicious
▼ + stars: | 2024-11-07 | by ( Leah Scalzadonna For Food Network | ) edition.cnn.com time to read: +2 min

In the United States, Tex-Mex can often get confused with authentic Mexican recipes. However, Tex-Mex cuisine has evolved into its own category, and can be distinguished by heartier ingredients like cheese, beef, powdered spices and flour tortillas. Whether you’re serving up a plate of sizzling fajitas or a pile of cheesy nachos, Tex-Mex is always welcome on the table. Air Fryer Taquitos and Charred SalsaTaquitos are the ultimate finger food—mini rolled tacos that are warm, cheesy and super crunchy! Matt Armendariz/Food NetworkGet the Recipe

Persons: you’re, Fryer, fryer, melty Colby Jack, chiles, Renee Comet, Matt Armendariz Organizations: Food Locations: United States, Southwestern, Tex, Chile, Mexico

Ties have been at their lowest point in decades amid disputes over trade, technology, Taiwan and Chinese aggression in the South China Sea. “We respect the choice of the American people,” the Chinese Foreign Ministry said in a statement earlier. A second Trump presidency “could mark a new beginning in China-U.S. relations if the chance that has been offered is not wasted,” state-run newspaper China Daily said in an editorial on Wednesday. But Chinese officials laser-focused on stabilizing their faltering economy are also mindful of the tariffs of 60% or more that Trump has vowed to impose on all Chinese imports. One person it may turn to for help is tech billionaire Elon Musk, a devoted Trump supporter with extensive business interests in China who is wildly popular there.

Persons: “, Xi Jinping, Donald Trump, Biden, Xi, Trump, China “, ”, Susan Walsh, Rick Waters, Kamala Harris, Waters, Trump’s, ” Waters, Harris, Mao Ning, Elon Musk, Ian Bremmer Organizations: Trump, ” Xinhua, Foreign Ministry, Eurasia Group, Democratic, ., China Daily, CNBC Locations: HONG KONG, Taiwan, South China, Beijing, China, Asia, Pacific, South Korea, Japan, Australia, U.S, China’s, New York, Houston, Chengdu

A firefighter prepares to douse flames while battling the Mountain Fire in Santa Paula, California on November 6. Here’s a recap:Thousands flee: The Mountain Fire in Ventura County has burned at least 14,148 acres since it erupted west of Los Angeles on Wednesday morning, according to Cal Fire. On Wednesday, the Ventura County Sheriff’s Office made 14,000 contacts in an effort to get residents to flee, Sheriff James Fryhoff said. Scores of homes potentially impacted: Officials haven’t yet determined the number of structures damaged in the fire. Deteriorating conditions: Fierce winds will make the job of firefighters more difficult as the sun rises.

Persons: Noah Berger, Sheriff James Fryhoff, Andy VanSciver, Gavin Newsom, Trevor Johnson Organizations: Cal Fire, Ventura County Sheriff’s, Ventura County Fire, California Gov, National Weather Service Locations: Santa Paula , California, Southern California, Ventura County, Los Angeles

Prosecutors have said in court filings that four aggravating factors exist in the case against Kohberger, who turns 30 later this month, making the crime more severe and the death penalty warranted. In another filing last month, Logsdon countered the state's claim that a "future dangerousness" aggravator exists in Kohberger's case. "Aggravators are intended for deciding which First Degree Murderers merit the death penalty. The death penalty in Idaho, while it remains on the books, had lapsed as its last execution was in 2012; the state, like many others, has had trouble procuring lethal injection drugs. But the state abandoned the execution after prison staff failed to establish an IV line, exposing the difficulties with administering the death penalty.

Persons: Bryan Kohberger's, Kohberger, Jay Logsdon, Logsdon, Brad Little, Thomas Creech, Creech, —, Madison Mogen, Kaylee Goncalves, Xana Kernodle, Ethan Chapin Organizations: University of Idaho, Prosecutors, Republican Gov, Washington State University, Authorities Locations: Boise, Latah, Idaho, Pullman, Washington, Kohberger, Latah County

☆ Why you shouldn't get caught up in the post-election stock-market frenzy: Morningstar
▼ + stars: | 2024-11-07 | by ( William Edwards | ) www.businessinsider.com time to read: +4 min

Investors boosted stocks after Donald Trump won a second term. But investors shouldn't depart from their long-term investing plan, Morningstar's Dave Sekera says. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. But even as prices soar, it's important not to get caught up in the mania beyond your normal risk tolerance, warns Morningstar Senior US Market Strategist Dave Sekera. "The small-cap space, even with today's bump, it's still the most undervalued part of the market in our view," he said.

Persons: Donald Trump, shouldn't, Dave Sekera, —, Morningstar, Sekera, Trump, aren't, Goldman Sachs, shouldn't overreact, John Rekenthaler, Joe Biden, That's, it's Organizations: Service, Dow Jones, White Locations: bullishness

☆ Economic upheaval and political opportunity – what Trump’s return could mean for China
▼ + stars: | 2024-11-07 | by ( Nectar Gan | ) edition.cnn.com time to read: +9 min

“Trump’s return to power will certainly bring greater opportunities and greater risks for China,” said Shen Dingli, a foreign policy analyst in Shanghai. AFP/Getty ImagesChallenges and opportunitiesBut Trump’s “America First” agenda and transactional worldview may also play in Beijing’s favor, experts say. “Although Beijing is deeply concerned about the unpredictability of Trump’s China policy, it reminds itself that challenges also bring opportunities,” said Tong Zhao, senior fellow at the Carnegie Endowment for International Peace. “If the US and Russia ease relations, it could create greater daylight between Russia and China, effectively driving a wedge between them.” Liu said. “From everything he has said, it’s clear that Trump considers China, not Russia, as the main adversary.”

Persons: Donald Trump, “, ”, Shen Dingli, Xi Jinping, Trump, Xi, “ Trump, Liu Dongshu, Jim Watson, Larry Hu, Kamala Harris, Daniel Russel, Russel, Barack Obama, Tong Zhao, Joe Biden, Arleigh Burke, Halsey, Ismael Martinez, China’s, he’s, ” Zhao, Vladimir Putin, Liu, ” Liu Organizations: Hong Kong CNN, Foreign, Chinese Foreign Ministry, City University of Hong, Getty, Huawei, Investment, Macquarie, Republican, Asia Society Policy Institute, Shipping, Carnegie Endowment, International, NATO, Asian Nato, Trump, US Navy, U.S . Navy, AP, Russia Beijing, Communist Party, Industry, Wall Street Locations: Hong Kong, China, United States, Beijing, Shanghai, America, City University of Hong Kong, Lago, Florida, AFP, Asia, Lianyungang, China's Jiangsu, Europe, Western, Russia, Asian, Taiwan Strait, AP Taiwan, Taiwan, Washington, Ukraine

☆ Musk's legal battles pile up as Twitter's ex-CMO becomes the latest to sue him
▼ + stars: | 2024-11-07 | by ( Polly Thompson | ) www.businessinsider.com time to read: +4 min

Twitter's ex-CMO, Leslie Berland, is suing Elon Musk, saying she is owed $20 million in severance. The same week as Berland's filing, Twitter's ex-CEO got the go-ahead to proceed with a similar suit. AdvertisementTwitter's former chief marketing officer, Leslie Berland, is suing Elon Musk, saying she is owed over $20 million in unpaid severance. The documents state that a Twitter employee who was there on Bertrand's recommendation cautioned Musk against reinstating Trump in front of the advertisers, leaving him "embarrassed and angry." Related storiesBerland claims she was wrongly denied about $20 million in benefits owed to her under Twitter's policy.

Persons: Leslie Berland, Elon Musk, Twitter's, —, Berland, Musk, Xavi, Donald Trump's, Parag Agrawal, Maxine Chesney Organizations: Service, Bloomberg Law, Twitter, Cannes Lions, Trump, Business, Verizon, Bloomberg Locations: California's, California, Ireland

☆ Trump is about to make the Fed's job a lot harder
▼ + stars: | 2024-11-07 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +5 min

Donald Trump's election victory is set to make the Federal Reserve's job more difficult. His tariff and immigration plans are expected to stoke inflation, complicating the Fed's policy decisions. Trump has also said he'd like a say in setting monetary policy, which would erode Fed independence. Donald Trump's election win brings his vision of hefty trade tariffs and a sweeping immigration crackdown closer to becoming reality. A study from the Peterson Institute of International Economics said interfering with the Fed's independence could cost the economy $300 billion and drive inflation higher.

Persons: Donald Trump's, Trump, —, it's, Glen Smith, Smith, Paul Krugman, Trump's, Jerome Powell, Powell Organizations: stoke, Service, Treasury, GDS Wealth Management, Fed, Fed Trump, Peterson Institute of International Economics, Pantheon Macroeconomics, Trump Locations: China

☆ Inside the Army's $16 million war games built to battle china
▼ + stars: | 2024-11-07 | by ( Graham Flanagan | ) www.businessinsider.com time to read: +1 min

As tension builds in the Indo-Pacific region, the United States Army trains warfighters to be ready for combat in the event of a military conflict with China. The event, known as JPMRC, or Joint Pacific Multinational Readiness Center, pits the Army's 3rd Infantry Brigade Combat Team, known as the Bronco Brigade or Bluefor, against an opposing force, Opfor, played by another brigade of Army soldiers in a sprawling war-games exercise held across the Hawaiian islands. Flanagan follows Bluefor's Charlie Company as it braces for battle with Opfor on the desolate, lava-rock-laden Pohakuloa Training Area on the island of Hawaii. Charlie Company's ranking noncommissioned officer is 1st Sgt. Stewart Fletcher, an eccentric and seasoned combat veteran who now leads a new generation of soldiers who have yet to experience the reality of war.

Persons: Graham Flanagan, Opfor, Flanagan, Charlie, Charlie Company's, Stewart Fletcher Organizations: United States Army, Army's Jungle, Army's 25th Infantry Division, Royal Thai Army, New Zealand Defence Force, Pacific Multinational Readiness, 3rd Infantry Brigade Combat Team, Bronco Brigade, Charlie Company Locations: China, Oahu, Hawaii

☆ Starbucks and Luckin are in a fight for the global coffee market. I visited both to see how they stack up on price, menu, and vibe.
▼ + stars: | 2024-11-07 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +8 min

Luckin Coffee, which has put up a strong fight against Starbucks in Asia, is looking to the US. The chain is known for its aggressive deals, unusual flavors like a Big Cheese coffee drink, and mobile ordering. Luckin versus StarbucksI started at Luckin Coffee. Aditi BharadeThe most expensive drink on the menu was an Iced Oat Shakerato listed for 8 Singapore dollars, or $6. Representatives for Luckin Coffee didn't respond to a request for comment from BI for this story.

Persons: —, Brian Niccol, Niccol, Luckin, Aditi Bharade, Rachel Ruggeri, Ruggeri, It's, David Yu, Jiang, it's, Tiruchelvam, Yu Organizations: Starbucks, Service, Business District, Staff, Singapore, Luckin, BI, Bros, NYU, Aletheia Capital Locations: Asia, China, Singapore, Beijing, United States

Trump defeated Democratic candidate Vice President Kamala Harris, and Republicans claimed a majority of the Senate in elections this week. "We know kind of where the world is headed in a Trump environment because we've seen it before," said Jeffrey Solomon, president of TD Cowen, on CNBC's "Money Movers" Wednesday. One M&A advisor, who also spoke to CNBC anonymously, noted that Trump's disdain for Big Tech companies — historically active deal-makers — might keep them on the sidelines. Apparent GOP opposition to the CHIPS Act means that semiconductor consolidation might be challenging, the advisor noted, while cautioning it is still too early to know what a Trump presidency would mean. That advisor noted that smaller banks had been getting gobbled up for "some time," but that the pace and size of those acquisitions would likely ramp up under a Trump presidency.

Persons: Donald Trum, Ronda Churchill, Donald Trump, Kamala Harris, Jeffrey Solomon, TD Cowen, Solomon, Trump, Lina Khan, Khan, Howard Gutman, Jonathan Miller, —, Jared Holz, Mizuho, Sen, Elizabeth Warren, David Zaslav, David Grogan Organizations: Republican, Nevada GOP, Afp, Getty, Trump, Democratic, Republicans, Biden administration's Department of Justice, Federal Trade Commission, CNBC, Dow Jones, MorganFranklin Consulting, Big Tech, Qualcomm, Intel, Integrated Media, Pharmaceutical, Biotech, Illumina, FTC, Maze Therapeutics, Sanofi, Senate, DOJ, Allen & Company Sun Valley Conference Locations: Florida, Nevada, Las Vegas , Nevada, Ronda, Trump, Sun Valley , Idaho

☆ CNBC's Inside India newsletter: How will the next Trump administration impact India?
▼ + stars: | 2024-11-07 | by ( Ganesh Rao | ) www.cnbc.com time to read: +6 min

Global trade changed considerably over the past four years — benefiting India — as President Joe Biden retained much of Trump's tariffs on China. EnergyOn the one hand, analysts expect Indian interests to be aligned with those of the United States regarding oil prices . Trump's previous term in office, whether intentionally or coincidently, saw moderate to low oil prices. As India imports over 90% of its oil needs, New Delhi will likely welcome any move by the U.S. to keep oil prices low. A quick resolution of the war in Ukraine — Trump's campaign promise — would also prove to be negative for oil prices.

Persons: Narendra Modi, Donald Trump, Narendra Modi's, Joe Biden, Macquarie, Aditya Suresh, Trump, Uncle Sam, Samiran Chakraborty, Baqar Zaidi, Ukraine —, —, Sanjeev Prasad Organizations: India's, U.S, Manufacturing, Global, Observer Research Foundation, Treasury, Indian, Citi, Companies, Tata Consultancy Services, HCL Tech, Infosys, Energy, Suzlon Locations: Hyderabad, New Delhi, India, China, U.S, Mumbai, United States, Ukraine

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