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☆ TikTok influencer who posted allegedly stolen Target haul arrested again in another alleged theft from the retailer
▼ + stars: | 2024-12-03 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Dennis-Romero-Circle-Byline-Template.Jpg | Dennis Romero | ) www.nbcnews.com time to read: +3 min

A Florida TikTok influencer arrested after she posted video of what authorities alleged was a haul of stolen Target items was arrested again and accused of shoplifting from the same retailer in at least one other instance, police said. A time code on video of her arrest posted by police on Facebook shows Velez was taken into custody Saturday. Police said that while she was in jail after that arrest, Velez was recorded on security cameras saying, "Lesson learned." Police said Velez told officers she didn’t recall committing theft at the store but admitted the person on security video was her. Furthermore, they said, a man who was with her had a distinctive tattoo that matched imagery of a tattoo seen on Velez's TikTok account.

Persons: influencer, Marlena Velez, Velez, didn’t Organizations: Facebook, Cape Coral Police Department, Cape Coral, Police Locations: Florida, Cape Coral, Tampa, Lee, Cape

☆ 'Wild childs': Republican senators brush aside Pete Hegseth misconduct allegations after meeting with him
▼ + stars: | 2024-12-03 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Kate_Santaliz.Jpg | Kate Santaliz | ) www.nbcnews.com time to read: +5 min

Republican senators who met Monday with Pete Hegseth, President-elect Donald Trump’s pick for defense secretary, brushed aside sexual assault and other allegations against him. Sen. Cynthia Lummis, R-Wyo., called the allegations a “side issue” while lauding Hegseth’s ability to lead the Defense Department. Hegseth did not respond to shouted questions from NBC News about the New Yorker article and other allegations. Senators offered their full-throated support to Hegseth after the meeting, downplaying the accusations. The Trump transition team did not immediately respond to a request for comment on the Republican senators' remarks.

Persons: Pete Hegseth, Donald Trump’s, Sen, Cynthia Lummis, ” Lummis, Mike Lee, Hegseth, ”, “, Pete, he’s, Rick Scott, Lee, Ted Cruz, Cruz, Lummis, ” Hegseth, Shawn Ryan Organizations: Defense Department, Republican, Committee, Hegseth, Capitol, Army National Guard, Fox News, Yorker, NBC News, Trump, NBC, Pentagon, FBI, New York Times, Times Locations: Utah, Texas, California

☆ Hard for Indian Rupee to stay strong if Yuan depreciates due to tariff
▼ + stars: | 2024-12-03 | 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 EmailIt will be hard for Indian Rupee to stay strong if Yuan depreciates under tariff pressureJae Lee from TCW Group says investors need to differentiate winners and losers in emerging markets amid on-going U.S.-China trade tensions. That means look for markets that can compete with China for U.S. imports and markets that can compete with the U.S. for China imports.

Persons: Yuan, Jae Lee Organizations: TCW Group, U.S Locations: China, U.S

Ties to Fox Lobbyist Scott Bessent Potential role Treasury secretary Role infirst term — Billionare Yes Major donor Yes Events atMar-a-Lago — AttendedN.Y. trial — Ties to Proj. 2025 or AFPI Yes Tiesto Fox Yes Lobbyist — Robert F. Kennedy Jr. Potential role Health and human services secretary Role infirst term — Billionare — Major donor — Events atMar-a-Lago — AttendedN.Y. trial — Ties to Proj. 2025 or AFPI — Tiesto Fox Yes Lobbyist — Dave Weldon Potential role C.D.C. administrator Role infirst term — Billionare — Major donor — Events atMar-a-Lago Yes AttendedN.Y. trial — Ties to Proj.

Persons: Donald J, Trump, —, alma, Trump’s, Scott Bessent Howard Lutnick Elon, Vivek Ramaswamy Steven Witkoff Mr, Scott Bessent, George Soros, Howard Lutnick, Bessent, Lutnick, Elon Musk, Vivek Ramaswamy, Scott Bessent Charles Kushner Howard Lutnick Linda McMahon Elon Musk John Phelan Steven Witkoff Chris Wright, Chris Wright, Linda McMahon, McMahon, John Phelan, Mr, Amy, Steven Witkoff, Charles Kushner, Doug Collins Sebastian Gorka Thomas Homan Linda McMahon Kristi Noem Vivek Ramaswamy Brooke Rollins Marco Rubio Elise Stefanik Michael Waltz Matthew Whitaker Lee Zeldin, Lago, MAGA, Todd Blanche Pam Bondi Doug Burgum Steven Cheung Sebastian Gorka Karoline Leavitt Kash Patel Vivek Ramaswamy Dan Scavino JD Vance Michael Waltz Matthew Whitaker Susie Wiles Mr, Todd Blanche, Susie Wiles, JD Vance, Doug Burgum, Pam Bondi A.F.P.I, James Braid, Brendan Carr, Doug Collins A.F.P.I, Kevin Hassett A.F.P.I, Pete Hoekstra, Homan, Keith Kellogg A.F.P.I, Karoline Leavitt, Linda McMahon A.F.P.I, Kash Patel A.F.P.I, John Ratcliffe, Brooke Rollins A.F.P.I, Scott Turner A.F.P.I, Russell T, Matthew Whitaker A.F.P.I, Lee Zeldin A.F.P.I, Sean Duffy Tulsi Gabbard Sebastian Gorka Pete Hegseth Thomas Homan Mike Huckabee Keith Kellogg Martin, Makary Janette Nesheiwat Vivek Ramaswamy Michael Waltz, Pete Hegseth, “, Hegseth’s, Rachel Campos, Duffy, Sean Duffy, Mike Huckabee, Ramaswamy, Wright, Pam Bondi James Braid Doug Collins Sean Duffy Pete Hoekstra Bill McGinley Matthew Whitaker Susie Wiles Alex Wong, Washington —, Wiles, Pam Bondi, Pam Bondi James Braid Brendan Carr Steven Cheung Sebastian Gorka Jamieson Greer Vince Haley Kevin Hassett Pete Hoekstra Thomas Homan Mike Huckabee Keith Kellogg Alex Latcham Karoline Leavitt Bill McGinley Linda McMahon Stephen Miller Elon Musk Mehmet Oz Kash Patel John Ratcliffe Brooke Rollins Dan Scavino Scott Turner Russell T, Matthew Whitaker Steven Witkoff Alex Wong, Thomas Homan, Witkoff, Huckabee, Scott Bessent Jay Bhattacharya James Blair Todd Blanche Pam Bondi Massad, James Braid Taylor, Doug Burgum Brendan Carr Lori Chavez, Steven Cheung Doug Collins Sean Duffy Tulsi Gabbard Sergio Gor Sebastian Gorka Jamieson Greer Vince Haley Kevin Hassett Pete Hegseth Pete Hoekstra Thomas Homan Mike Huckabee Keith Kellogg Robert F, Kennedy Jr, Charles Kushner Alex Latcham Karoline Leavitt Howard Lutnick Martin, Makary Bill McGinley Linda McMahon Stephen Miller Elon Musk Janette Nesheiwat Kristi Noem Jim O’Neill Mehmet Oz Kash Patel John Phelan Matt Brasseaux Vivek Ramaswamy John Ratcliffe Brooke Rollins Marco Rubio D, John Sauer Dan Scavino Will Scharf Elise Stefanik Scott Turner JD Vance Russell T, Michael Waltz Dave Weldon Matthew Whitaker Susie Wiles Steven Witkoff Alex Wong Chris Wright Lee Zeldin, Scott, — Jay Bhattacharya, — James Blair, White, — Todd Blanche, — Pam Bondi, John F, Massad, — James Braid, Billionare, Taylor, — Doug Burgum, — Brendan Carr, — Lori Chavez, — Steven Cheung, — Doug Collins, Tulsi, — Sergio Gor, — Sebastian Gorka, — Jamieson Greer, — Vince Haley, Billionare —, — Kevin Hassett, — Pete Hegseth, — Pete Hoekstra, — Mike Huckabee, — Keith Kellogg, — Robert F, — Charles Kushner, — Alex Latcham, — Karoline Leavitt, — Howard, — Martin, — Bill McGinley, — Stephen Miller, — Elon, — Janette Nesheiwat, — Kristi Noem, — Jim O’Neill, — Mehmet Oz, — Kash Patel, — John Phelan, — Matt Brasseaux, — Vivek Ramaswamy, — John Ratcliffe, — Brooke Rollins, — Marco Rubio, John Sauer, — Dan Scavino, — Will Scharf, — Elise Stefanik, — Scott Turner, Vance, — Russell T, — Michael Waltz, — Dave Weldon, — Matthew Whitaker, — Alex Wong, — Lee Organizations: Fox News, Mar, America, Fox, Trump’s New, White House, — Harvard, Yale, Princeton, Wall, of Government, Trump, Energy Department, Education Department, PAC, The, White, Republican, Policy Institute, Heritage Foundation, Heritage, “ Fox, Friends, Fox Business, Fox Nation, Mr, Management, . Immigration, Small Business Administration, National Institutes of Health, Kennedy Center, Performing Arts, National Economic, of Economic, Customs, Great, Economic, North Korea Billionare, Energy Locations: Mar, Philadelphia, France, New York, Manhattan, Israel, Washington, Florida, M.A.L ., Canada, Netherlands, Ukraine, Russia

☆ Why did South Korea's president declare martial law?
▼ + stars: | 2024-12-03 | by ( Ellie Zolfagharifard | Ryan Pickrell | ) www.businessinsider.com time to read: +5 min

South Korea's president, Yoon Suk Yeol, on Tuesday invoked martial law, a stunning move that threw the nation into turmoil. The last time that a South Korean leader declared martial law was in 1979 following the assassination of the president. South Korea's parliament voted unanimously to block the president's decree, declaring the shocking move invalid, but martial law remains in effect. The semi-official South Korean news agency also said that media and publishers fall under the control of the South Korean military. Hours after Yoon declared martial law, live TV showed South Korea's parliament passing a motion requiring the law to be lifted.

Persons: Yoon Suk Yeol, Yoon, Yoon Suk, Kim Jong, Yoon didn't, South Korea Philip Goldberg, Yoon's, Biden, Han Dong, Lee Jae, Yonhap Organizations: South, People Power Party, Democratic Party of Korea, National Assembly, Associated Press, South Korean, State Department, Power Party, Korean, US National Security, KB Financial Group, POSCO Holdings, Wall Street Locations: Korean, South Korea, Korea's, North Korea, Korea, South

☆ Asia-Pacific markets set to open higher, tracking Wall Street gains after key benchmarks hit new records
▼ + stars: | 2024-12-03 | by ( Lee Ying Shan | ) www.cnbc.com time to read: +1 min

Asia-Pacific markets are set to open higher on Tuesday, tracking gains on Wall Street after the S&P 500 and the Nasdaq Composite rose to new records. Hong Kong's Hang Seng index futures were at 19,628, higher than the HSI's last close of 19,550.29. Overnight in the U.S., the S&P 500 added 0.24% to close at 6,047.15. The blue-chip index briefly topped the 45,000 level during the day, a key threshold it hit a few times last week. Fed funds futures are currently pricing in a 76% probability that the central bank lowers interest rates during its policy gathering, according to CME's FedWatch Tool.

Persons: Ed JONES, ED JONES, CME's, —, Alex Harring, Lisa Kailai Han Organizations: Getty, Nikkei, Nasdaq, Traders, Federal Reserve, Reuters, Dow Jones Industrial Locations: Seoul, AFP, Chicago, Osaka, Asia, Pacific, U.S

☆ An ex-YouTuber with 6.5M subscribers is now an entrepreneur and investor. Here's how he stays fit whilst running his businesses.
▼ + stars: | 2024-12-03 | by ( Serafina Kenny | ) www.businessinsider.com time to read: +4 min

He shared his tactics for staying fit while running his own businesses and traveling often. AdvertisementWith so many projects on the go, his schedule looks very different from week to week, and it can be hard to maintain a consistent fitness routine. Lee shared how he keeps fit to achieve these goals while running his own businesses. When he's traveling, he goes to the gym or goes on runs because it helps him manage jetlag and anxiety. AI-driven workoutsBecause of all the traveling Lee does, he struggles to keep to a strict workout schedule or work with a personal trainer consistently.

Persons: Caspar Lee, YouTuber, he's, Lee, Joe Wicks, David Parry, I'm, Ambar Driscoll Organizations: Influencer, Gemini, YouTube, Google Locations: London, England

☆ Trump repeats vow to 'block' Nippon Steel's bid for U.S. Steel
▼ + stars: | 2024-12-03 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +2 min

U.S. President-elect Donald Trump has pledged to block Japanese company Nippon Steel's planned purchase of U.S. Steel. Nippon Steel, the fourth largest global steelmaker, reached an agreement to acquire U.S. Steel last December. U.S. Steel has an annual production capacity of around 20 million metric tons, while Nippon Steel is the leading steel producer in Japan. Nippon Steel and U.S. Steel did not immediately respond to CNBC's requests for comment on Trump's latest remarks. A spokesperson for Nippon Steel previously said the acquisition would revitalize the American Rust Belt and enhance U.S. national security "in a way no alternative can."

Persons: Donald Trump, Trump, Joe Biden, Takahiro Mori, David Burritt Organizations: Nippon, U.S . Steel, Nippon Steel of, U.S, Steel, Nippon Steel, United Steelworkers, Foreign Investment, Nippon Steel's, Trump, . Steel Locations: Nippon Steel of Japan, American, Japan, LSEG

☆ How Washington reacted to the Hunter Biden pardon: From the Politics Desk
▼ + stars: | 2024-12-02 | by ( The Politics Desk | ) www.nbcnews.com time to read: +8 min

In today's edition, our reporters go through President Joe Biden's pardon of his son — and the part that's particularly rankling fellow Democrats. Some Democrats bristle at Biden's pardon justificationBy Carol E. Lee, Sarah Fitzpatrick, Gary Grumbach and Dareh GregorianIt’s not just that President Joe Biden pardoned his son Hunter. The pardon comes after Biden repeatedly said he would not use his executive authority to pardon his son or commute his son’s sentence. “Does the Pardon given by Joe to Hunter include the J-6 Hostages, who have now been imprisoned for years? : White House press secretary Karine Jean-Pierre defended Biden’s decision to pardon his son, despite telling the press multiple times that the president had no such plans.

Persons: Joe Biden's, —, Mark Murray, Carol E, Lee, Sarah Fitzpatrick, Gary Grumbach, Joe Biden, Hunter, It’s, ”, Hunter Biden, “, Biden, Greg Stanton, Donald Trump, ” Stanton, Trump, Joe, ” Trump, David Weiss’s, Weiss, Harris, 🚨, Dru, ️ Organizations: NBC, White House, Capitol, Democratic, Democratic Party, Department of Justice, NBC News, Telemundo, CNBC, Trump, FDA Locations: Arizona, Stanton, California, Biden’s

Hunter Biden was scheduled to be sentenced on Dec. 12 for his conviction on federal gun charges. Republicans have for years attacked Hunter Biden over his foreign business dealings and accused him and the president of corruption. Together, the 12 counts Hunter Biden is convicted of or has pleaded guilty to carry a maximum prison sentence of 42 years. “I’m extremely proud of my son Hunter,” Biden said. “The clemency power has few limitations and certainly would extend to a Hunter Biden pardon,” Eggleston said.

Persons: WASHINGTON — Joe Biden, Hunter, —, Biden, Hunter Biden, “, Hunter —, they’ve, David Weiss, Hunter Biden’s, Abbe Lowell, Steven Cheung, Donald Trump, Trump, ”, Karine Jean, Pierre, “ We’ve, White, Andrew Bates, Bates, Jill Biden, “ Joe, Pardoning, General Merrick Garland, Joe Biden, Kamala Harris, ” Biden, I’m, ” Neil Eggleston, Barack Obama, ” Eggleston Organizations: White House, NBC News, Democrat, White, Justice Department, Democratic, NBC Locations: Wilmington , Delaware

☆ Watch Monday's full episode of Fast Money — December 2, 2024
▼ + stars: | 2024-12-02 | 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 EmailWatch Monday's full episode of Fast Money — December 2, 2024"Fast Money" is America's post-market show. Hosted by Melissa Lee and a roundtable of top traders, "Fast Money" breaks through the noise of the day, to bring you the actionable news that matters most to investors.

Persons: Melissa Lee

☆ Fundstrat's Tom Lee says bitcoin can hit 'well above' $100,000 before year-end
▼ + stars: | 2024-12-02 | by ( Samantha Subin | ) www.cnbc.com time to read: +1 min

Fundstrat's Tom Lee sees more upside in store for one of the leading trades on the heels of President-elect Donald Trump's victory. "I'm still confident bitcoin is going to close much higher before your end — well above $100,000 before your end," he told CNBC " Squawk Box " on Monday. BTC.CM= YTD mountain Bitcoin, YTD Bitcoin gained nearly 40% in November, closing in on the $100,000 level. "A lot of folks who don't want Bitcoin over $100,000," Lee said. If bitcoin makes a move above $100,000, I think that'd be a big chase."

Persons: Fundstrat's Tom Lee, Donald Trump's, I'm, Kamala Harris, YTD Bitcoin, Lee Organizations: CNBC, Trump's Locations: cryptocurrencies

☆ Final Trade: DIS, NVO, JWN
▼ + stars: | 2024-12-02 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFinal Trade: DIS, NVO, JWNThe final trades of the day with CNBC’s Melissa Lee and the Fast Money traders.

Persons: CNBC’s Melissa Lee Organizations: Fast Money

☆ Caixin PMI: China’s factory activity expands again in November, beats forecasts
▼ + stars: | 2024-12-02 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +2 min

China's manufacturing activity continued to expand among smaller manufacturers in November, signaling that the country's recent stimulus efforts have already helped to lift certain sectors of its ailing economy, according to a private survey released Monday. The Caixin/S&P Global manufacturing purchasing manager's index came in at 51.5, beating the median estimate of 50.5 in a Reuters poll. The Caixin survey tends to feature more small- and medium-sized firms as well as private sector companies, compared to the official PMI survey which typically polls large and state-owned firms. China's economy has shown some early signs of recovery following a slate of stimulus measures introduced from late September. However, Donald Trump's 2024 presidential win has raised concerns over increased tariffs on Chinese goods, which could dent its export sector.

Persons: Donald Trump's Organizations: P Global, PMI, Reuters, People's Bank of China Locations: China

☆ Bitcoin will close well above $100,000 before year-end, says Fundstrat's Tom Lee
▼ + stars: | 2024-12-02 | 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 will close well above $100,000 before year-end, says Fundstrat's Tom LeeTom Lee, Fundstrat Capital CIO, joins 'Squawk Box' to discuss the latest market trends, why he believes the S&P will rally to 6,300 by year-end, Trump's tariff proposals, bitcoin's latest rally, and more.

Persons: Tom Lee Tom Lee Organizations: Fundstrat Capital

CNN —Key Republican senators promised on Monday that President-elect Donald Trump’s pick to lead the FBI, Kash Patel, will be vetted through the confirmation process. At the same time, two incoming committee chairs suggested openness to Patel and Trump’s other nominees not undergoing full FBI background checks as has traditionally been done. CNN has reported that Trump’s transition team is bypassing traditional FBI background checks for at least some of his Cabinet picks. “No, I’ll let that be a decision that President Trump makes,” he said when asked if he will insist on background checks performed by the FBI. “My position is what President Trump decides to do is what I will support.”It’s unclear how many Republican senators would be open to not having FBI background checks for nominees, and other key senators have already affirmed the importance of background checks.

Persons: Donald Trump’s, Kash Patel, Patel, Trump, “, ”, Sen John Thune, Thune, Republican Sen, Michael Crapo, Robert F, Kennedy Jr, Pete Hegseth, GOP Sen, Susan Collins, Hegseth, “ We’re, Hegseth’s, ” Hegseth, Mike Lee, Bill Hagerty, Rick Scott, Ted Cruz, Cynthia Lummis, Lummis, childs, They’re, ” Cruz, hasn’t, Cruz, that’s, he’d, Roger Wicker Organizations: CNN — Key, FBI, CNN, Republican, Finance, of Health, Human Services, GOP, Yorker, Texas Republican, Armed Services Committee, Defense Locations: Sens

CNN —President Joe Biden’s decision to pardon his son has left some Democrats fuming over his choice to repeatedly and unequivocally claim that he would never take that step, even though a pardon long appeared possible to Hunter Biden’s legal team. That comes despite the White House saying that a final decision on the pardon was reached only this weekend. Press secretary Karine Jean-Pierre said as recently as November 7 that a pardon for Hunter Biden was not being considered. Joe Biden’s decision to pardon his son presented a delicate balancing act for the president, who has long been fiercely loyal to his family, even when it comes at his own personal or political detriment. People close to the president’s son said they didn’t want him to have to undergo sentencing.

Persons: Joe Biden’s, fuming, Hunter, Joe Biden, Hunter Biden, Karine Jean, Pierre, Donald Trump, Biden, Trump, Charles Kushner, Bill Clinton, Roger, Greg Landsman, it’s, Colorado Sen, Michael Bennet, Greg Stanton, “, ” Stanton, “ Hunter, ”, ’, ’ ” Jean, ” Jean, Kamala Harris Organizations: CNN, White House, West Wing, Republican, “, ”, Ohio Democrat, Democrat, ” Democratic, West, Air Force Locations: Nantucket , Massachusetts, Ohio, Colorado, Arizona

☆ 2014 murder of Lesley Woodman in Bessemer, Alabama, unsolved a decade later
▼ + stars: | 2024-12-01 | by ( Nicolás Viñuela | Nicolás Viñuela Is An Associate Producer With Dateline Nbc. | ) www.nbcnews.com time to read: +9 min

Whitney and her mother, 35-year-old Lesley Woodman, were supposed to go to Party City that day to get supplies for the celebration. “The last time I spoke to her was the night beforehand,” Whitney told Dateline. “I just decided to stop by her work,” she told Dateline. “You’d be in a bad mood and she’d come around and, I mean — you’d be in a good mood,” he told Dateline. “That was a big, big deal.” Lee told Dateline he left for work the next morning while Lesley was still sleeping.

Persons: Whitney Burr, Whitney, Lesley Woodman, “, ” Whitney, couldn’t, ”, Lesley, Ellis Lee Bentley, ” Lesley Woodman Whitney Burr Jimmie Guyton, Jimmie, “ Lesley, —, ” Lesley Woodman Whitney Burr Whitney Burr, Lee . Lee, Lesley “ wouldn’t, ” Lesley, Lee, “ You’d, ” Lee, Lesley Woodman Whitney Burr, Robert Guyton, Robert, “ Bob, ” Jimmie, ” Lesley Woodman Whitney Burr Lee Bentley, Lee’s, Wayne Curry, haven’t, ” Lee Bentley, it’s, Jimmie Guyton, Lesley Woodman’s Organizations: “, Dateline, Jefferson, Sheriff’s Locations: City, Bessemer , Alabama, Florida, Alabama, Bessemer, Lesley, Jefferson

☆ These 3 people make art for shows like Critical Role and Dimension 20. Here's how to get a nerdworld dream job too.
▼ + stars: | 2024-12-01 | by ( Cheryl Teh | ) www.businessinsider.com time to read: +7 min

Behind the scenes at CR and D20People who watch the shows may recognize Friederichs' art from CR series like "Exandria Unlimited" and, more recently, the team's third, long-running "D&D" campaign, "Bells Hells." Friederichs told BI that she was initially commissioned to work on CR's "Uk'otoa" board game, then brought back to make character art for O'Brien's character, Orym. May told BI that publishing as much of her art as possible and networking within the fandom helped her early in her art career. Fan art is fair gameAngiolini told BI that drawing fan art is one way to get noticed. "The pipeline becomes very different when you're making something that needs to be then altered or put into the editing," May told BI.

Persons: Eren Angiolini, Hannah Friederichs, Matt Mercer, Brennan Lee Mulligan, Liam O'Brien, who've, Friederichs, Liam, I've, Angiolini, Clay, Nott, Sam, O'Brien, Sam Riegel Organizations: CR, D20, Dark Horse, Darrington Press Locations: Australia, London

☆ Bug-bitten oolong? The secret behind Taiwan’s rare honey-flavored tea — and where to enjoy it
▼ + stars: | 2024-11-29 | by ( Maggie Hiufu Wong | ) edition.cnn.com time to read: +10 min

Unlike Taiwan’s ubiquitous bubble tea, mixiang tea is still highly limited and largely off-the-radar. Mixiang tea goes globalNatalie Chiu and Charlie Winkworth-Smith, food scientists and founders of sparkling tea brand Saicho. The farmers couldn’t afford to lose their entire harvest, so they decided to go ahead and roast the bug-bitten tea leaves anyway. Lee says his Gui Fei tea is so popular it often sells out before it can even hit the retail market. Their two sons have joined the family business in recent years and help promote Gui Fei tea whenever they can.

Persons: Lee Ming, cheng, Gui Fei Oolong, Dong Ding Oolong, Oolong, Tea, Natalie Chiu, Charlie Winkworth, Smith, Saicho —, “, Junjie Lin, ”, Lin, Winkworth, Chiu, they’re, Clint Liang, Liang, Dong Ding, “ Gui Fei, Gui Fei, Lee, Chiang, Kuo Huan, don’t, Kuo, Maggie Hiufu Wong, Lee Te Organizations: CNN, Saicho, Harrods, Michelin, Tokyo Chuo, Growers Locations: Nantou, British, Hong Kong, Taiwan, United Kingdom, London, Taipei, Fujian, Lugu, Tokyo, Hsinchu, it’s, Nantou County, Songshan District, Hualien

☆ The most auspicious year for Chinese births is almost over. For dragon babies, the competition is just getting started.
▼ + stars: | 2024-11-29 | by ( Kwan Wei Kevin Tan | Aditi Bharade | ) www.businessinsider.com time to read: +9 min

"Dragon babies are, for the most part, intensely desired and prized by their parents. Seah said dragon babies will also have a tougher time looking for jobs after graduation. AdvertisementThe study also found that Chinese dragon babies were 2.3% less likely to gain admission to local universities in Singapore. But the latest crop of dragon babies may have it easier, with competition evening out as birth rates drop. Dragon babies might have once been subject to great pressure to exceed expectations, but Gietel-Basten says he'd be "surprised" if that same level of pressure would be applied to 2024's dragon babies as they grow older.

Persons: Jackson Koh, Koh, it'll, It's, Fatih Aktas, —, Cheng Ong, Melissa Anne Lim, Lim, Kelvin Seah, Seah, Stuart Gietel, he'd, Basten, that's, Chen Qibao, Lee Hsien Loong, Lee, Qian Wenlan, Qian Organizations: Singapore's Nanyang Technological University, Getty, Singapore's Department of Statistics, National University of Singapore, NUS, Business, Singapore —, Hong Kong University of Science, Technology, Publishing, Getty Images, National Bureau of Statistics, Singaporean Locations: Singapore, Asia, Fatih, Anadolu, China, Basten, Getty Images China, China's, Xinhua, Seoul, South Korea

☆ Trump voters could fuel holiday spending, while Harris supporters may pull back
▼ + stars: | 2024-11-29 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +4 min

In a world where sentiment drives purchasing decisions, these differences in opinion could shape how much people end up spending this holiday season. "It's very hard being a millennial and having to worry about buying a house, affording groceries, rent, all that stuff. Meanwhile, Trump voter Armando Duarte, a 62-year-old retired utility worker from Fort Lee, New Jersey, told CNBC he's feeling a lot better about the holiday shopping season since Trump won. In GOP-won states, shipping volumes increased by 50.4% after the election, while Democrat-won states saw volumes decrease by an average of 11.2%. Only two blue states — Illinois and Minnesota — saw shipping volumes increase after the election, while all others saw rates fall.

Persons: Donald Trump, Kamala Harris, Harris, Amanda Davila, I'm, Davila, Trump, Armando Duarte, Duarte, Jobs, Meir Statman, University's Organizations: CNBC, Trump, Santa, University's Leavey School of Business, Shipping, GOP, Democrat Locations: Texas , Michigan , New Jersey , New York , Connecticut, North Carolina, Virginia, New York City, Fort Lee , New Jersey, — Illinois, Minnesota

☆ Undersea cable cuts in the Baltic Sea are stoking geopolitical tensions — here's what's going on
▼ + stars: | 2024-11-28 | by ( Ryan Browne | ) www.cnbc.com time to read: +5 min

Mikkel Berg Pedersen | Ritzau Scanpix | Afp via Getty ImagesGeopolitical tensions are brewing globally over the cutting of subsea cables — critical infrastructure powering cross-border internet connectivity — in the Baltic Sea. Zoom In Icon Arrows pointing outwards A data visualization map showing the C-Lion1 undersea cable which connected Finland and Germany. Arelion, the company which owns it, told CNBC data traffic was rerouted to alternative links as it worked to repair the cable. Repairing subsea cables is no mean feat, according to Andy Champagne, senior vice president and chief technology officer of Akamai Labs. And, when there is an issue with a subsea cable, repairing it is a non-trivial job."

Persons: Mikkel Berg Pedersen, Ritzau Scanpix, it's, Andy Champagne, Martin Lee, Lee, Elina Valtonen, CNBC's, Valtonen Organizations: Afp, Getty, CNBC, Cinia, BCS, West, Telia, Akamai Labs, Cisco Locations: Baltic, Finland, Sweden, Ukraine, Russia, Germany, Finnish, Central Europe, Lithuania, West Interlink, Telia Lithuania, China, London

☆ Watch Wednesday's full episode of Fast Money — November 27, 2024
▼ + stars: | 2024-11-27 | 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 EmailWatch Wednesday's full episode of Fast Money — November 27, 2024"Fast Money" is America's post-market show. Hosted by Melissa Lee and a roundtable of top traders, "Fast Money" breaks through the noise of the day, to bring you the actionable news that matters most to investors.

Persons: Melissa Lee

☆ Samsung Electronics appoints co-CEO in leadership shuffle focused on chip divisions; shares drop
▼ + stars: | 2024-11-27 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +2 min

Samsung Electronics on Wednesday announced changes in the leadership of its memory and foundry chip divisions, as the company faces intense competition in the semiconductor space. The South Korean tech giant appointed Jun Young-hyun as co-CEO and head of the memory chip arm, while Han Jin-man will become the president and head of the company's foundry business. Samsung Electronics was once the leading force in the memory chip sector, and appeared well-positioned to take advantage of the boom in artificial intelligence. Last month, Jun, who has been overseeing the semiconductor division since May, issued a rare apology after the company posted disappointing third-quarter profit guidance. Samsung's chip business posted a sharply lower third-quarter profit compared to the previous quarter.

Persons: Jun Young, Han Jin, Nam Seok Woo, Samsung Organizations: Samsung Electronics, South, Samsung, SK Hynix, Nvidia, Citi, Device Solutions

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