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☆ The stock market is losing juggernaut status as 2025 begins, but that doesn't mean bull is over
▼ + stars: | 2025-01-06 | by ( Michael Santoli | ) www.cnbc.com time to read: +8 min

The S & P 500 is coming off consecutive 20% annual gains, the Chiefs were winners of the past two Super Bowls. January performance has tended to be poor after a 20% annual gain in the S & P 500. The median sell-side strategist target of 6600 would represent an 11% run from here for the S & P 500, and the least optimistic target (from UBS) is still for a respectable 7.7% gain. That said, December's downside chop has helpfully drained some optimism from the usual investor surveys in recent months and turned the options-speculator hive a bit less aggressive. This is just one among several debates that have been brought into focus during the mast month's market churn: The case for continued U.S. economic exceptionalism is strong to the point of near-universal acceptance.

Persons: Russell, Donald Trump, MicroStrategy, I've, Nvidia hasn't Organizations: Kansas City Chiefs, Chiefs, Federal Reserve, UBS, Microsoft, Nvidia, U.S

☆ Ukraine's drone jammers are proving decisive amid a new push on Russian soil, pro-Kremlin milbloggers say
▼ + stars: | 2025-01-06 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

The bloggers reported that Ukrainian forces were able to break through because of "powerful electronic warfare." it's made it difficult for Russian drone operators to work in the area, they wrote. Ukraine launched a renewed offensive in Russia's Kursk region on Sunday, where Russian pro-war bloggers say Kyiv's drone jammers have been working exceptionally well. ADAlekhine later posted that some Russian drone operators were still able to switch to unjammed frequencies. ADThe Ukrainian and Russian Defense Ministries did not respond to requests for comment sent outside regular business hours by Business Insider.

Persons: it's, Bolshesoldatsky . Roman Alekhine, Alekhine, Sergei Kolyasnikov, Andriy Kovalenko, Andriy Yermak, Palmer Organizations: Ukrainian Armed Forces, Telegram, Center, Russian Defense Ministries, Business Locations: Kursk, Russian, Ukraine, Russia's Kursk, Bolshesoldatsky, Kyiv, Russia, Moscow

☆ New Orleans ramps up security ahead of Mardi Gras and Super Bowl, but concerns and questions remain
▼ + stars: | 2025-01-06 | by ( Jessie Yeung | ) edition.cnn.com time to read: +8 min

The city had also been gearing up for Carnival, with weeks of parades, performances and parties starting Monday. And in February, the crown jewel of American sports: Super Bowl LIX. The Special Event Assessment Rating (SEAR) designation and five-tiered ranking system determine whether events require federal security support such as field intelligence teams, air security, bomb detection dogs and more. The Super Bowl has been designated SEAR 1, the top tier reserved for “significant events” with national or international importance requiring “extensive” support. But there were no such sturdy bollards on New Year’s Eve; they were under repair, with new barriers set to be installed before the Super Bowl takes place.

Persons: Joe Biden, LaToya Cantrell, revelers, Jeff Landry, ”, Mayor Cantrell, –, they’re, we’re, ” Cantrell, Cantrell, Jill Biden, “, George Walker IV, Anne Kirkpatrick, Jean, Paul Morrell, ” Morrell, Din Jabbar, Myrthil, Jabbar, Latasha Polk, Landry Organizations: CNN, New, Allstate Sugar Bowl, Louisiana Gov, Super Bowl, Mardi, Authorities, Mardi Gras, WDSU, Tourists, Department of Homeland Security, FBI, Super, Bourbon, New Orleans Police, Gov Locations: New Orleans, Washington, Louisiana, WDSU . New Orleans, ”, Orleans, Bourbon, Egypt, Canada, Atlanta, Tampa, Cairo, Ontario

☆ 14 cities where homebuyers have leverage thanks to rising inventory and falling prices
▼ + stars: | 2025-01-05 | by ( James Faris | ) www.businessinsider.com time to read: +4 min

A sizable uptick in home inventory has brought down prices, giving buyers leverage. Realtor.comMedian single-family home prices were 1.8% lower last month than the year prior at a going rate of $402,502, the firm found. Supply has risen, but not everything is rosyBut while buyers got the lower prices they'd hoped for, many still didn't sign on the bottom line. While rates are a headwind, Realtor.com's economists are still calling for sales growth this year. That stalemate drove 12.9% of sellers to cut their asking prices, which was slightly higher than the 12.7% in December 2023.

Persons: they've, Realtor.com's Ralph McLaughlin, McLaughlin, they'll Organizations: Business Locations: Realtor.com, West

☆ This money bias is 'the biggest barrier to building wealth,' says financial psychologist
▼ + stars: | 2025-01-05 | by ( Ryan Ermey | ) www.cnbc.com time to read: +3 min

"And it's the biggest barrier to building wealth for people who are not in markets or who have never invested before." Feeling this way about money is tied closely with another common cognitive bias known as risk aversion. And because fear of losing what you have can outweigh the joy of building wealth, you stay put. But the need to start investing — especially among young people — extends beyond the need for your money to keep up with inflation. The longer you're in the market, the more time your money has to grow at a compounding rate.

Persons: Amos Nadler, you've, Janus Henderson, It's, Nadler, you'll, I've, she'd Organizations: Wall Locations: U.S

☆ Wealthy travelers are flocking to luxury trains costing more than $4,000 a night
▼ + stars: | 2025-01-04 | by ( Brittany Chang | ) www.businessinsider.com time to read: +7 min

Wealthy travelers are increasingly booking luxury train vacations. Luxury train bookings are going loco-motiveGlacier Express' Excellence Class guests have amenities like an exclusive bar, a five-course meal, and window seats. ADThe train's most luxurious Grand Suites come with a private restroom (plus upgrades like bottomless bubbles) — for about four times the cost. In 2024, the company introduced two Grand Suites to the 40-year-old Royal Scotsman. BelmondNot everyone can afford to spend thousands of dollars for a night on Belmond's trains.

Persons: Italy's, Samy Ghachem, Railbookers, Frank Marini, " Marini, doesn't, Andrew Channell, Railbookers Group's, Julie Durso, Scott Dunn, Gary Franklin, Belmond's, Franklin, —, Marni Organizations: Orient Express, Vita Orient, Vita, Orient, Express, Railbookers, Mountaineer, Prestige, Rocky Mountaineer, Venice, Royal, Dior, Oriental Express Locations: Venice, Orient Express Italy, Italy, Peru, Paris, Edinburgh, Scotland, Istanbul, Turkey, Malaysia, Dior

☆ Will Matt Gaetz Participate in the House Speaker Vote?
▼ + stars: | 2025-01-03 | by ( Maya C. Miller | More About Maya C. Miller | ) www.nytimes.com time to read: +1 min

As Speaker Mike Johnson labors to lock down enough support to be re-elected to his post, every vote is critical. Mr. Gaetz resigned his seat in December after President-elect Donald J. Trump named him as his choice for attorney general. At the time, Mr. Gaetz said he did not plan to be sworn in to the new Congress despite having been re-elected to another two-year term days earlier. There is no legal barrier to Mr. Gaetz showing up unannounced to participate in the speakership election. And on Friday, Mr. Gaetz appeared to hint at some inside knowledge about the outcome, declaring on X that Mr. Johnson would be elected “on the first vote.”

Persons: Mike Johnson, Matt Gaetz, Johnson’s, Gaetz, Donald J, Trump, Johnson, ” Organizations: Florida Republican Locations: Florida

When around 100 criminal investigators and police officers entered a hilly compound in central Seoul on Friday morning, they tried to achieve something that has never been done before in South Korea: detain a sitting president. First, they made it through two blockades formed by parked vehicles and people. Small scuffles erupted as the investigators tried in vain to break through and serve a court-issued warrant to take Mr. Yoon away. Three prosecutors were allowed to approach the building. But there, Mr. Yoon’s lawyers told them that they could not serve the warrant because it was “illegally” issued, according to officials who briefed news media about what happened inside the compound.

Persons: Yoon Suk Yeol, Yoon, ” Organizations: Yoon’s Presidential Security Service Locations: Seoul, South Korea, Yoon’s

Indeed, surveillance footage on Bourbon Street showed the pickup truck driving over one such barrier, which was not erect at the time of the incident, and speeding away after, narrowly missing partygoers. It should always be blocked off at nighttime because something like this could have happened.”Tourist walk past temporary barriers on Bourbon Street on January 2. On Google Maps Streetview, images of Bourbon Street show that there are also bollard systems on the ground. “Bourbon Street itself is not a pedestrian area,” she said. Ensuring a road like Bourbon Street is secure is a balancing act, CNN Senior Law Enforcement Analyst Charles Ramsey said Thursday.

Persons: Anne Kirkpatrick, “, ”, ” “, ” Kirkpatrick, Andrew Caballero, Reynolds, Jimmy Cothran, CNN’s Pamela Brown, Jose Lieras, –, Lieras, George Walker IV, Michael Guillory, WDSU, New Orleans City Councilmember Jean, Paul Morrell, Ann, ” Morrell, ” Lesli Harris, ” Harris, “ We’re, Jeff Landry, Charles Ramsey, can’t, “ They’ve, You’ve, you’ve, CNN’s Evan Perez Organizations: CNN, ISIS, ” New, ” New Orleans Police, Getty, WDSU, AP, Google, New Orleans City Councilmember, Public Works, Interior International, CNN New Orleans, Bourbon, CNN News Central, New Orleans ’, New, Other New, NFL, Super Bowl, Mardi Gras Locations: New Orleans, Bourbon, ” New Orleans, AFP, Los Angeles, Nice, France, St, New, Other, Other New Orleans, Louisiana

☆ Schengen area: Romania and Bulgaria fully join Europe’s borderless travel zone
▼ + stars: | 2025-01-01 | by ( Sophie Tanno | ) edition.cnn.com time to read: +2 min

CNN —Romania and Bulgaria have become full members of the European Union’s border-free Schengen area after scrapping land border controls in the bloc. The expansion was officially introduced at midnight on Wednesday and was marked by celebrations at some of the countries’ border posts. “As of today, there will be no more checks when travelling across land borders between Bulgaria or Romania and any Schengen member country,” it added. The two former Soviet countries partially joined the Schengen area in March when they lifted checks on traveling by air and sea. The scheme has occasionally caused friction among its member states, including over flashpoint issues such as security and migration.

Organizations: CNN —, “, Reuters, Soviet, European Commission, Union Locations: CNN — Romania, Bulgaria, Schengen, Romania, Bulgarian, Romanian, Ruse, Austria, Cyprus, Ireland, Switzerland, Norway, Iceland, Liechtenstein, Germany

☆ Miami's beachfront high-rises are sinking fast. It's a warning for coastal properties worldwide.
▼ + stars: | 2025-01-01 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +5 min

Luxury beachfront high-rises on the coast of Miami's barrier islands are sinking, a new study found. Coastal properties worldwide are sinking, including some of Miami's pricey waterfront high-rises. The new Miami study shows how satellites can help save buildings and infrastructure before the sinking contributes to catastrophic failure. That's where the Miami researchers' study comes in. That's the first step in solving a building's sinking problem.

Persons: Manoochehr Shirzaei, It's, Farzaneh Aziz Zanjani, Falk Amelung, Leonard, Joe Raedle, Aziz Zanjani, Amelung, They'd, Shirzaei Organizations: Science, Virginia Tech, Miami Locations: Miami, Florida, Asia, Europe, Africa, Australia, New York, Baltimore, Gulf, Hallandale Beach , Florida, Champlain, Surfside , Florida

☆ Damaged black box from crashed South Korean plane will be sent to US for analysis as investigation ramps up
▼ + stars: | 2025-01-01 | by ( Gawon Bae | Helen Regan | ) edition.cnn.com time to read: +3 min

Seoul, South Korea CNN —The damaged flight data recorder from the Jeju Air passenger jet that crash-landed in South Korea will be sent to the United States for analysis, Seoul’s transport ministry said Wednesday, as bereaved families began visiting the crash site. Authorities said the black box was damaged in the crash, and concluded that South Korea is not capable of extracting the data, Seoul’s deputy minister of civil aviation Joo Jong-wan told reporters Wednesday. Earlier, Joo said the flight data recorder was missing a connector. Once the device has been sent overseas, the US National Transportation Safety Board will lead the analysis and be joined by South Korean investigators. The process, which is taking place in South Korea, will take about two days.

Persons: Joo Jong, Joo, Choi Sang, mok, congregating Organizations: South Korea CNN, Jeju Air, Boeing, Muan, Authorities, US National Transportation, South, Air, United, Federal Aviation Administration, National Transportation Safety Board Locations: Seoul, South Korea, United States, Korea, Muan, Bangkok, Korean

And a warning against giving raw food to cats over a bird flu risk. Funeral services announced for Jimmy CarterFormer President Jimmy Carter’s official state funeral is set for Thursday, Jan. 9. The state funeral will be held at 10 a.m. at the National Cathedral. Experts caution against raw pet food over bird flu riskA cat’s death in Oregon from a product contaminated by bird flu has experts and some public health officials warning against giving raw foods to pets. The FDA is currently investigating cases of cats with bird flu in several Western states, and experts fear there have been more bird flu deaths among cats that have gone undetected.

Persons: Jimmy Carter, Hurricane Helene, Jimmy Carter’s, Joe Biden, Biden, Carter, Helene, Phillip Barrier, Barrier, Jane Sykes, ” Sykes, Liam Payne’s, Keanu Reeves, University’s Ryan, Frank Thorp V, Kevin McCarthy, “ sociopath, Matt Gaetz, Gaetz, “, Mike Johnson, Jamaal Bowman, Elizabeth Robinson Organizations: Washington , D.C, New York Stock Exchange, Cathedral, Services, Georgia State Capitol, Carter, Center, Maranatha Baptist Church, North, Avery, Facebook, FDA, University of California, Davis School of Veterinary Medicine, Israel Defense Forces, . Ohio, NBC, New York Democrat Locations: Georgia, Washington ,, Carolina, Hurricane, Plains , Georgia, Atlanta, U.S, → Illinois, California, Hollywood, — Delaware, Iowa , Nebraska , New Hampshire , New Jersey , Maryland, Minnesota, Tennessee, North Carolina, Avery County , North Carolina, Avery County, Oregon, Buenos Aires, Gaza, Chile, Washington

It’s become more acceptable for women to leave their families, partners or spouses behind and travel with a group of like-minded women. Many businesses chasing more solo female travelers are looking to head off some of these concerns. “I was told ‘off the record’ that they make more money from couples and families than from a female solo traveler,” she said. The Swiss travel network A Small World, meanwhile, launched the Solo Cruise Company in May 2024 targeting women 55 and up. Uniworld River Cruises said it has seen a 31% increase in solo guests between 2019 and 2023 and a 61% jump in female solo travelers over the same period.

Persons: “, ”, Renata Haas, —, It’s, Beth Whitman, weren’t, who’ve, it’s, Doni Belau, Carin Smith, Carin Smith Carin Smith, ‘, couldn’t, ” Heather Heverling, Terry Bowman, Kimberly Greiner, Colleen McDaniel Organizations: Future Partners, World Wildlife Fund, North America, Audley, Cruise, Solo Cruise Company, Cruises Locations: Boulder , Colorado, North, “, Seattle, New York City, Cape Town , South Africa, Venice, Toronto, Europe, Swiss

☆ Here's how Jeju Air's CEO says it will come back from the plane crash that killed 179 and scarred its reputation
▼ + stars: | 2024-12-31 | by ( Joshua Nelken-Zitser | ) www.businessinsider.com time to read: +4 min

A Jeju Air plane crashed on Sunday, killing 179 people. The CEO of Jeju Air addressed reporters on Tuesday, outlining how the airline plans to recover from the catastrophic crash that killed 179 people. They rallied a little to close 8.7% lower before South Korean markets closed for the New Year. AdvertisementKim told reporters that even though Jeju Air has received the most fines of any Korean airline, its safety record improved over the years. AdvertisementA team of US National Transportation Safety Board and Boeing officials are supporting the South Korean authorities with the investigation.

Persons: Kim E, Kim, Chris Jung, Todd Curtis Organizations: bae, Jeju Air, Boeing, Getty, Passengers, BBC, Muan, Airport, Jeju, Air Safe Media, CNBC, US National Transportation Safety Board, South Locations: Seoul, Jeju

☆ Despite inflation, some everyday products actually dropped in price this year
▼ + stars: | 2024-12-31 | by ( Alicia Wallace | ) edition.cnn.com time to read: +12 min

Here’s a snapshot of some of the major categories that have seen price declines this year, according to Consumer Price Index data though November. “Even during the pandemic, when inflation was rampant across the economy, most consumer tech products’ prices remained below core inflation,” Kowalski said. Goods prices, on the other hand, continued to tumble from their pandemic highs. So, in terms of 2025: Overall food prices are expected to continue to see disinflation, according to projections from the US Department of Agriculture’s Economic Research Service. Plus, they note that volatility in food prices could heighten as weather events grow more extreme and geopolitical troubles worsen.

Persons: what’s, Luke Sharrett, Mark Wolfe, Wolfe, “ There’s, ” Wolfe, they’re, David Paul Morris, China —, GasBuddy, Lauren Saidel, Baker, ”, Rick Kowalski, ” Kowalski, Donald Trump, Mario Tama, they’ve, Gus Faucher, Yuki Iwamura, ” Faucher, Joe Raedle Organizations: CNN, of Labor Statistics, US Energy Information Administration, Jacobi Oil Service Inc, Bloomberg, National Energy Assistance, Association, Getty, ITR, Consumer, Technology, Consumer Technology Association, CTA, PNC Financial Services, US, US Department of Agriculture’s Economic Research Service Locations: Alaskans, Indiana, Russia, Ukraine, Hercules , California, China, Glendale , California, Soho, New York, Miami

☆ A North Carolina county pummeled by Hurricane Helene suffers another blow
▼ + stars: | 2024-12-30 | by ( Deon J. Hampton | Deon J. Hampton Is A National Reporter For Nbc News. | ) www.nbcnews.com time to read: +2 min

The rainstorm is the latest setback for the mountainous Avery County, with a population of 18,000. More than 400 residents were displaced and about 120 homes were destroyed or severely damaged by Hurricane Helene, county officials estimate. Helene killed at least 223 people across the Southeast, about half of them in North Carolina, authorities have said. It displaced tens of thousands across western North Carolina, where the federal government has already spent $500 million in cleanup efforts. More than 100 small businesses in Asheville, North Carolina, have already closed because of infrastructure damage or declining revenue or both.

Persons: Barrier, Hurricane, It’s, “ It’s, it’s, ” Robin Ollis, Bridges, “, ” Ollis, Helene Locations: Avery County, Avery, North Carolina, Buncombe, Asheville , North Carolina

☆ The worst-behaved travelers of 2024
▼ + stars: | 2024-12-30 | by ( Maureen O'Hare | ) edition.cnn.com time to read: +11 min

Record-breaking numbers of tourists also mean there was no shortage of unruly traveler incidents in 2024. When on a plane, I won’t bite, punch or sling insultsThe US Federal Aviation Administration investigated more than 2,000 unruly passenger incidents in 2024. That same month, an American Airlines flight bound for Montana was diverted to Texas after a passenger punched a flight attendant multiple times. In February, an American Airlines flight was forced to return to Albuquerque after a man tried to open the emergency exit, passengers said. On another American Airlines flight in November, this time bound for Dallas, a passenger was duct-taped after trying to do the same thing, authorities said.

Persons: That’s, ”, handout, tarantulas, onesie, humping, Bacchus, —, that’s, Daniel De Bono, “, Byron Bay, Airbnb Organizations: CNN, CNN Travel, US Federal Aviation Administration, Cathay Pacific, United Airlines, All Nippon Airways, ANA, American Airlines, Frontier Airlines, Department of Justice, Getty, Los Angeles International Airport, LAX, Social Media Italy, UNESCO, Mount Fuji, US Navy, Dublin, Mead, Recreation, Everest, loitering, Dunedin Airport, Florence Locations: Hong Kong, London, Seattle, Montana, Texas, California, San Francisco, Albuquerque, Dallas, China, Sydney, Perth, AFP, Detroit, Bangkok, Canadian, Florence, Vesuvius, British, Matera, Japan, Kyoto, Hawaii, New York, Arizona, Europe, New Mexico, Nevada, Yellowstone, Carlsbad, Nepal, New Zealand, Byron, France, Barcelona, Italy, Amsterdam, Melbourne, Prague, Milan

☆ Jimmy Carter never appointed a Supreme Court justice, but he left a remarkable judicial legacy
▼ + stars: | 2024-12-30 | by ( Joan Biskupic | ) edition.cnn.com time to read: +3 min

CNN —Jimmy Carter, who served a single full presidential term without the chance to appoint a Supreme Court justice, nonetheless left behind an incomparable judicial legacy. Carter named Ginsburg to an important Washington-based US Court of Appeals in 1980, which positioned her for eventual elevation to the Supreme Court. Women made up 12 of his 59 circuit court appointees and 29 of his total 203 district court appointees. Until Carter’s tenure, only two women had ever been named as circuit court judges and six as district court judges. The second woman, named by President Bill Clinton in 1993, was Ginsburg, Carter’s earlier appellate court choice.

Persons: Jimmy Carter, —, Ruth Bader Ginsburg, Carter, Ginsburg, “, ” Ginsburg, Harry Truman, Leon Higginbotham, Amalya, Damon Keith, Pat Greenhouse, Carter’s, Ifill, ” Carter, Ronald Reagan, Reagan, ”, Sandra Day O’Connor, Bill Clinton Organizations: CNN, of, Supreme, Congressional Research, Boston Globe, Getty, Civil, Howard University, NAACP Legal Defense Fund, House Locations: Washington, Philadelphia, York, Cincinnati, Los Angeles

☆ Where the deadly South Korean airline crash investigation is heading
▼ + stars: | 2024-12-30 | by ( Alexandra Skores | ) edition.cnn.com time to read: +11 min

He said South Korean airlines all have safety management systems in place and have done well with respect to International Civil Aviation Organization audits that have been performed. Footage of the crash on Sunday has been run by multiple South Korean news outlets, showing where the plane’s belly slides at a high speed, hits an embankment and erupts into fire. The 101 Boeing 737-800 jets operated by South Korean airlines will be inspected this week, according to South Korean officials. The last deadly crash in South Korea occurred in 1997 when a Korean Air Lines Boeing 747 crashed in the Guam jungle, killing 228 people. US officials will wait for South Korean officials to release more information.

Persons: “, Max, Hassan Shahidi, ” Shahidi, Kang Jung, There’s, Erika Armstrong, Armstrong, ” Armstrong, Shahidi, ‘, ”, Shawn Pruchnicki, “ It’s, ” Pruchnicki, “ We’re, Ed Malinowski, ” Malinowski, it’s, CNN’s Chris Isidore, Yoonjung Seo, Billy Stockwell Organizations: CNN, Air, Boeing, JTBC, National Transportation Safety Board, Federal Aviation Administration, South Korea’s Aviation, Railway Accident, Flight Safety Foundation, South, International Civil Aviation Organization, ICAO, United Nations, South Korean Transport Ministry, FAA, Aircrew Academy, Korean Air Lines Boeing, Ohio State University, “, Southwest Airlines, International Federation of Air Line Pilots, National Transportation, NTSB Locations: South, South Korea, United States, Korean, Guam, Korea, Pruchnicki

☆ Ransomware is 35 years old and now a billion-dollar problem. Here's how it could evolve
▼ + stars: | 2024-12-30 | by ( Ryan Browne | ) www.cnbc.com time to read: +8 min

Then, in the early 2010s, ransomware hackers turned to crypto as a method of payment. Later, more prominent examples of ransomware attacks that selected crypto as the ransom payment method of choice included the likes of WannaCry and Petya. But Lee doesn't think AI poses as severe a ransomware risk as many would think. "There's a lot of hypothesis about AI being very good for social engineering," Lee told CNBC. "Outside of RaaS providers and those leveraging stolen or procured toolchains, credentials and system access have proven to be effective," Jake King, security lead at internet search firm Elastic, told CNBC.

Persons: Seksan, —, ransomware, Martin Lee, wasn't, Joseph Popp, Lee, CryptoLocker, What's, Mike Beck, Darktrace, CNBC's, Beck, Lee doesn't, Jake King Organizations: Cisco, CNBC, Harvard, Cybersecurity Ventures Locations: Panama, United States, Lee

☆ Passengers are mass-canceling flights with South Korea's Jeju Air after its fatal crash
▼ + stars: | 2024-12-30 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +2 min

Tens of thousands of passengers are reportedly canceling flights with Jeju Air, South Korean media said. Passengers with the South Korean airline Jeju Air are canceling tickets after one of its aircraft crashed, killing 179 people. AdvertisementThe airline said that 68,000 flight reservations had been canceled as of 1 p.m. on Monday, South Korea's Yonhap news agency reported. Jeju is South Korea's biggest low-cost airline. Investigations into the South Korean crash are underway and no cause has been concluded yet.

Persons: That's, —, 7C2216, Kim E Organizations: Air, South Korean, Jeju Air, Boeing, bae, Malaysia Airlines Locations: Tokyo, Jeju, South

☆ 'Noctourism' is expected to be a big travel trend in 2025
▼ + stars: | 2024-12-29 | by ( Marylou Costa | Thomas Board | ) www.cnbc.com time to read: +4 min

The goal of every trip is the same: photographing the aurora borealis, or Northern Lights. But she said she's also been able to photograph Northern Lights from the English countryside in the past year. The rise of 'noctourism'Douglas has unknowingly been an early adopter of "noctourism" — a trend that focuses on nighttime travel experiences. Booking.com named it a top travel trend for 2025, describing it as a desire to "ditch the daylight crowds for midnight magic." The Northern Lights, as seen over Rebecca Douglas' holiday accommodation in the Lofoten, an archipelago in Norway.

Persons: Rebecca Douglas, she's, Douglas, Booking.com, Jay Stevens, Stefano Guidi, Scott Dunn Organizations: Wayfairer Travel, Northern, Getty, Travelers, NASA, Google, Nature Locations: Iceland, Kent, United Kingdom, Finland, Norway, Lofoten, Italy, Zambia, Kenya, Atacama, Hawaii, Austria, Americas, Western Europe, Western Africa

☆ Plane crashes at South Korean airport, killing dozens
▼ + stars: | 2024-12-29 | by ( Lloyd Lee | Taylor Rains | ) www.businessinsider.com time to read: +1 min

A plane crash at a South Korean airport on Sunday has left at least 85 people dead, The Associated Press reported. Spokespeople for Jeju Air and the National Fire Agency could not immediately be reached for comment. In a statement posted online, Jeju Air said that it was "bowing" its head in apology and that it would address the crash. The tracker says Ryanair, a budget Irish airline, operated the plane before it was delivered to Jeju Air in 2017. The plane landed "without its landing gear extended," the flight tracker said.

Organizations: Sunday, Associated Press, Jeju Air, Muan International Airport, The New York Times, Suvarnabhumi International, Times, Fire Agency, AP News, National Fire Agency, Air, MBC News, Boeing Locations: South Korea, Korean, Bangkok, Spokespeople

☆ 'Highly indoctrinated' North Korean troops are being sent on 'hopeless' human wave assaults against Ukrainian positions: White House
▼ + stars: | 2024-12-28 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +4 min

North Korean forces are being sent forward in "human waves" against Ukraine, the White House said. The North Korean troops are treated as expendable and sent on "hopeless" assaults, they said. North Korean forces are suffering heavy casualties as they carry out "human wave" attacks against Ukrainian troops, a White House spokesperson has said. "We assess that they've resulted in heavy casualties for these North Korean forces." Warfare experts told Business Insider that North Korean troops appeared to be suffering high casualties as they were not given much training but that the troops could learn to adapt to the battlefield.

Persons: John Kirby, haven't, Kirby, Volodymyr Zelenskyy, Donald Trump Organizations: North, National Security, Ukrainian, Korean, South, Korea's National Intelligence Service, The New York Times Locations: Ukraine, Russia's Kursk, Russia, Kursk, Korea, Ukrainian, North Korea, Moscow, Kyiv

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