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☆ Howard Lutnick helped build Newmark into a real estate powerhouse. Now he's leaving for Washington.
▼ + stars: | 2024-12-04 | by ( Daniel Geiger | ) www.businessinsider.com time to read: +7 min

AdvertisementHoward Lutnick opened his wallet and Rolodex to turn Newmark into a commercial real estate success. In 2011, the billionaire arranged for his affiliate financial company, BGC Group, to purchase the New York-based commercial real estate services firm Newmark for an undisclosed sum. The results have turned heads in the ultra-competitive real estate business. "It's one of the best positioned real estate players today," Goldfarb added, noting that he has an "overweight" – or buy – rating on Newmark stock. In 2014, Newmark purchased Grubb & Ellis, a commercial real estate services firm, out of bankruptcy.

Persons: Howard Lutnick, Newmark, Lutnick, Trump's, Howard, Barry Gosin, Donald Trump, Cantor Fitzgerald, Elon Musk, Barry, Alexander Goldfarb, Piper Sandler, Goldfarb, Cantor, Gosin, Mark Weiss, Scott Panzer, JLL, Panzer, Grubb, Ellis, Piper, David Falk, Falk –, Falk Organizations: Business, New, Cushman & Wakefield, Newmark, Cushman &, Economic, Newmark's Locations: Washington, Wall, New York, America, Cushman & Wakefield, Davos, Switzerland, Newmark's New York

☆ Ukraine fooled Russia with the same deceptions Germany used at WWII's Battle of the Bulge
▼ + stars: | 2024-11-02 | by ( ) www.businessinsider.com time to read: +7 min

The question for Ukraine is whether Kursk will fare better than Germany's Battle of the Bulge. AdvertisementWhen Ukraine unleashed its Kursk offensive in August, it wasn't just the Russians who were surprised. By massing forces for offensives in eastern Ukraine, this thinned out the rest of the 600-mile front line, including the Kursk region. For example, "Ukraine's military announced the 61st Mechanized Brigade would be moving to Vovchansk, a city in the northern sector of the fighting in eastern Ukraine," said TRADOC. Allied cryptographers had broken high-level German radio codes (the "Ultra" program), but German forces employed radio silence, and orders were conveyed by courier and telephone.

Persons: —, TRADOC, Hitler, Oleksandr Syrskyi, wouldn't, Ukraine prepped, Michael Peck Organizations: Service, US, Kremlin, British, Armed Forces of, 61st Mechanized Brigade, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: Russia, Ukraine, Kursk, Germany, Normandy, Ardennes, Belgium, Armed Forces of Ukraine, Nazi, Moscow, Forbes

☆ Armies will be able to maneuver on battlefields again, but it's going to be difficult and bloody
▼ + stars: | 2024-09-29 | by ( Michael Peck | ) www.businessinsider.com time to read: +9 min

The Ukraine war raises a difficult question: Can armies maneuver to win anymore? Advertisement"Firepower kills," warned the French General Philippe Pétain just prior to the First World War. By temporarily suppressing the defensive drone-artillery combo that has proven so devastating in the Russo-Ukraine War, armies can again maneuver to defeat their enemies. ISW sees three problems with trying to maneuver in Ukraine, lessons that broadly apply to modern battlefields. AdvertisementArtillery and machine guns were so deadly in World War I that armies fought from trenches.

Persons: it's, —, Philippe Pétain, Pétain, ISW, That's, Michael Peck Organizations: Artillery, Service, Getty, Ukraine, Air Force, BAI, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: Ukraine, Russo, Washington, Russia, Russian, Kursk, Ukrainian, Russians, Forbes

☆ 2 war experts say British armor has the same production flaw that contributed to Nazi Germany's downfall
▼ + stars: | 2024-06-06 | by ( Matthew Loh | ) www.businessinsider.com time to read: +5 min

This was the same problem that partially brought Nazi Germany to its knees, wrote Hamish de Bretton-Gordon and James Holland in a commentary published on Wednesday by The Telegraph. They recalled how Nazi Germany had obsessed over the quality of its tanks, chiefly the King Tiger, but meanwhile only managed to produce less than 500 of them. AdvertisementIn total, Nazi Germany built just under 50,000 tanks during the war, while the US built over 100,000. The sheer numbers made a difference in World War II, and they'll make a difference now, de Bretton-Gordon and Holland wrote. Russia's mass-production gameIn June 2023, de Bretton-Gordon praised British armor for its quality in his commentary on the war in Ukraine.

Persons: —, Hamish de Bretton, Gordon, James Holland, de Bretton, Holland, that's, King Tiger, Sherman, Bretton, Rishi Sunak, Volodymyr Zelenskuy, Andrew Matthews, what's, laud Organizations: Service, British Army, The Telegraph, Business, CBRN, Nuclear Regiment, Gordon, Soviet Union, Challenger, UK Defense, 1st Royal Tank Regiment, Russia's Locations: Britain, Nazi Germany, Holland, Germany, Soviet Union, Kursk, Lulworth , Dorset, England, Ukraine, Russia, China, British, Moscow

☆ D-Day was the largest amphibious invasion in history — and likely the last. Here's why.
▼ + stars: | 2024-06-06 | by ( Michael Peck | ) www.businessinsider.com time to read: +9 min

D-Day is more than the largest amphibious invasion in history. The US Navy now aims for enough amphibious capacity to land just two Marine brigades on a hostile shore. Universal History Archive/UIG via Getty ImagesIn World War II, the best way to stop an amphibious invasion was before the first troops stepped onto the beach. If the defender's navy and air force could destroy or turn back an invasion fleet, the landing would never take place. An enemy that has these can threaten the invasion armada and the landing force it launches as it chugs to the beach.

Persons: Ryan, Hitler, Michael Peck Organizations: Service, US Army, British Army, Navy, Royal Navy, Royal Canadian Air Force's, Hornet, Allies, US Navy, US Air Force, 82nd Airborne, US Troops, Getty, Luftwaffe, Allied, Spy, Argentine Air Force, Russian Navy, Helicopters, U.S . Navy, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: Normandy, Europe, Britain, Omaha, Russo, Ukraine, Soviet, Pacific, Sicily, Salerno, Anzio, Omaha Beach, Russia, China, Iran, North Korea, Ukrainian, Bikini, Hiroshima, Nagasaki, Forbes

☆ Ukraine must win back the battlefield initiative to have a chance to stop Russia
▼ + stars: | 2024-04-13 | by ( Michael Peck | ) www.businessinsider.com time to read: +7 min

Victory in the Ukraine war may come down to a simple question: which side has the initiative? If Russia can retain the initiative, it can launch constant offensives with its larger forces that will drive Ukrainian defenders to the breaking point. For Ukraine, gaining the initiative has become existential: it has to keep Russia off balance, or its forces will be worn down responding to Russian offensives. Ukraine simply cannot afford to go on the defensive and expect this will stop Russia, Barros said. To seize the initiative, Ukraine needs to know that it will receive a steady and reliable stream of Western aid, rather than sporadic deliveries.

Persons: We've, George Barros, Napoleon, Barros, they're, Michael Peck Organizations: Service, Ukraine, U.S, Staff, NATO, British Challenger, Ukrainian, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: Ukraine, Russia, Europe, Israel, Russian, Nazi Germany, Soviet, Ukrainian, Forbes

☆ Ukraine's military is shifting to a defensive strategy that failed Nazi Germany in WWII
▼ + stars: | 2024-02-17 | by ( Michael Peck | ) www.businessinsider.com time to read: +10 min

Ukraine's military has chosen a defensive strategy that echoes the German approach from WWII. AdvertisementAnswering that question first requires defining “active defense,” one of those broad military terms that mean different things to different people. Active defense is meant to be waged by large units, while Ukraine appears to conducting small-unit operations. “Active defense was understood to be generally applicable to divisions, corps and field armies,” Nash said. Even a limited ‘active defense’ needs all of these elements, too.”Last summer, Ukraine’s frontal assault with vehicles hit mines and were menaced by missiles fired from Russian helicopters.

Persons: today’s, Douglas Nash, ” Nash, “, –, Erich von Manstein, von Manstein, von Manstein’s, “ Von Manstein, Ukraine —, Russia —, Diego Herrera Carcedo, Erich Von Manstein, it’s, Von Manstein, Hitler, inflexibly, von Organizations: Third Reich, Red Army, US, US Army, Western Allies, Wehrmacht, Keystone, Getty, German, Reuters, AK, Russo, NATO, West, NATO —, Soviets Locations: Nazi Germany, Ukraine, Russia, today’s Ukraine, Berlin, Stalingrad, Germany, Italy, France, Kharkov, Ukrainian, Donetsk Oblast, Avdiivka, Ukraine’s, It’s, Russian, Warsaw, Western Europe, West Germany

☆ CEO spent his savings, 401(k) and paychecks to keep his cookware brand afloat—now it brings in over $170 million a year
▼ + stars: | 2023-09-06 | by ( Megan Sauer | ) www.cnbc.com time to read: +6 min

The timing was poor for bootstrapping: Winer and Mecray had just shuttered their first startup attempt, a juice presser company called Juicepresso. They maxed out credit cards, took out a small-business loan from American Express and packaged cookware sets in their backyards. It's grown steadily since, bringing in $170.7 million in revenue last year, according to documents reviewed by CNBC Make It. At its height in 2015, we brought in somewhere between $5 million and $6 million in revenue. To be honest, though, as soon as I started working on the pan, I knew it wasn't going to fail.

Persons: Gordon Ramsay's, HexClad, Danny Winer, Cole Mecray, Winer, Mecray, we'd, Jason Panzer, Ramsay, Cole, you'd, I'd, Warren Buffett Organizations: CNBC, bootstrapping, presser, American Express, Costco, Foods, New Locations: New York City

☆ Ukraine's attacks on Russian commanders have the US Army worried about its own 'fat and ponderous' command posts
▼ + stars: | 2023-07-06 | by ( Michael Peck | ) www.businessinsider.com time to read: +8 min

Ukraine's military has been using its long-range weapons to attack Russian command posts. A command post set up at the National Training Center at Fort Irwin in California during a training exercise. A destroyed Russian army command post pictured on March 13, 2022. One is to move command posts further from the lines and fortify them against bombardment or special-forces raids. Virtual reality would enable command posts to remain in secure locations far from the front.

Persons: —, Scott Woodward, James Geelen, Michael Peck Organizations: Army, Service, Command, US Army, National Training Center, Fort, GPS, CPs, Arms Army, Milford Beagle, US, Britain's Royal United Services Institute, Ukrainian Armed Forces, US Army CPs, Colorado . US Army, James Geelen Command, Defense, Foreign Policy, Twitter, LinkedIn Locations: Ukraine, Russian, Fort Irwin, California, Chornobaivka, Ukrainian, Kherson, Gen, Fort Leavenworth in Kansas, China, Taiwan, Russia, Fort Carson, Colorado, Forbes

☆ Dutch PM to discuss defence of Ukraine with Brazil's Lula
▼ + stars: | 2023-05-08 | by ( ) www.reuters.com time to read: +1 min

"We need to help Ukraine fight this fight," Rutte told reporters on Monday, the first day of his visit to Brazil. Rutte said he will explain to Lula why the question of backing Ukraine is "existential" for the Netherlands, for Europe and beyond because the Russian invasion has put Western values at stake. "If Putin would be successful in Ukraine, and I don'tthink he will be, it won't end there. Lula, who has tried to encourage countries who are not involved in the conflict to form a group to push for peace talks, has said supplying arms to Ukraine was encouraging the war. The Dutch government is considering with its European partners donating F-16 fighter jets to Ukraine.

☆ Dutch PM says talks on F-16s for Ukraine progressing
▼ + stars: | 2023-05-04 | by ( ) www.reuters.com time to read: +1 min

AMSTERDAM, May 4 (Reuters) - Talks on a potential donation of F-16 fighter jets to Ukraine are progressing, Netherlands Prime Minister Mark Rutte said on Thursday during a visit by Ukrainian President Volodymyr Zelenskiy to The Hague, but no decision has been made. Answering a question at a press conference alongside Zelenskiy and Belgian Prime Minister Alexander De Croo, Rutte said "On the F-16's: no taboos." He said on Thursday said that discussions on F-16s would "take time" as did previous discussions on donating Leopard 2 tanks and armoured howitzers. "But at this moment the panzer-howitzers are in Ukraine, (and) the Leo 2s are being delivered to Ukraine," he noted. "So we will work on this diligently, on the F-16s, and clearly there is support in parliament for this government to work on that."

☆ A muddy mess in Ukraine is making trouble for new howitzers so sensitive to dirt they come with their own vacuum cleaners
▼ + stars: | 2023-05-01 | by ( Jake Epstein | ) www.businessinsider.com time to read: +4 min

Soldiers have to be very clean and careful when entering the vehicles, The New York Times reported. Germany has sent 14 Panzerhaubitze 2000 self-propelled howitzers to Ukraine, according to an inventory of its military support to Kyiv. Each howitzer even comes with a vacuum cleaner, and the barrels sometimes have to be cleaned with a long brush. That said, the Ukrainian forces operating the German-made howitzers have reportedly seen some successes against Russian tank and infantry units despite the current conditions on the ground. Ukrainian forces have been gearing up to launch a much-anticipated counteroffensive against Russia after receiving a massive influx of heavy armor and advanced military hardware from the US and its Western partners.

☆ Ukrainians are riding tanks captured from an elite Russian unit into battle in Bakhmut, but their new gear may not last long
▼ + stars: | 2023-03-21 | by ( Michael Peck | ) www.businessinsider.com time to read: +6 min

That includes T-80 tanks captured the 1st Guards Tank Army, an elite Russian armored unit. But Russian tanks are designed for Russian forces, and Ukraine might get limited use out of them. No wonder Western observers have been thrilled by reports of Ukraine capturing hundreds of Russian tanks and turning them against the invaders. "You can see an entire unit composed of nothing but captured Russian tanks." Interestingly, Kofman believes Ukraine doesn't need tanks as much as it needs armored vehicles to carry infantry into battle.

☆ The biggest problem with Russia's tanks in Ukraine is the way Moscow tried to use them
▼ + stars: | 2023-03-07 | by ( Alex Hollings | Sandboxx News | ) www.businessinsider.com time to read: +21 min

By September, the tally of lost and captured Russian tanks reached 1,000 — more than all the tanks in the British, French, German, and Finnish militaries combined. The first time these British tanks found a fight, only 25 of the 49 of them actually moved when ordered to commence the attack. Nonetheless, before the conflict was over, Churchill himself would decide tanks had, once again, run their course, declaring, "we have too much armor — tanks are finished." And that is the real lesson we can glean from the performance of Russian tanks in Ukraine over the past year. Maxim Shemetov/ReutersThis point becomes evident when you look at Russian tank losses recorded by the Oryx Blog between February and April 2022, when Russian tank losses were at their absolute worst.

☆ Rare battlefield footage shows how Ukraine's upgraded Soviet-era tanks are outperforming Russia's upgraded Soviet-era tanks
▼ + stars: | 2023-01-31 | by ( Stavros Atlamazoglou | ) www.businessinsider.com time to read: +6 min

Ukraine upgraded many of its tanks before the war, but Russia also had newer, higher-quality tanks. On the outskirts of a destroyed town, the Ukrainian tank is advances down a road, straight toward the Russian tank. Without stopping, the Ukrainian tank fires a round at its adversary. Ukrainian troops perform maintenance on tanks near the frontline in Donbas on January 18. More victories, better weaponsUkrainian troops inspect a destroyed Russian tank near Kupiansk in the Kharkiv region in December.

☆ A decade of quiet preparations helped Ukraine turn the tables on Russia's bigger, better-armed military, experts say
▼ + stars: | 2023-01-29 | by ( Constantine Atlamazoglou | ) www.businessinsider.com time to read: +10 min

Following Russia's 2014 attack, Ukraine's military set out to improve and modernize its forces. In the years that followed, Ukraine's military underwent a period of preparation that helped it blunt the full-scale invasion that Russia launched in February 2022. Training for artillery troops was also intensified. However, Russia's tanks still outnumbered Ukraine's nearly four to one when the invasion started. Prior to 2022, Ukraine's military had struggled to retain troops, but high turnover during those years meant Ukraine had a large pool of civilians with military training.

☆ Former Pope Benedict was first pontiff to resign in 600 years
▼ + stars: | 2022-12-31 | by ( Philip Pullella | ) www.reuters.com time to read: +14 min

[1/3] Pope Benedict XVI blesses a baby as he rides around St Peter's Square to hold his last general audience at the Vatican February 27, 2013. REUTERS/Max Rossi/File PhotoVATICAN CITY, Dec 31 - Former Pope Benedict, who died on Saturday aged 95, was the first pontiff in 600 years to resign, leaving behind a Catholic Church battered by sexual abuse scandals, mired in mismanagement and polarised between conservatives and progressives. Benedict, the first German pope in 1,000 years, had good relations with his successor, Pope Francis, but his continued presence inside the Vatican after he stepped down in 2013 further polarised the Church ideologically. Although he said he would remain "hidden from the world", Benedict did not live up to that promise and in retirement sometimes caused controversy and confusion through his writings. Ganswein's role as a middleman between Benedict and the cardinal was unclear, with many believing he had misled Benedict, the cardinal, or both.

☆ How a tank the Soviets tried to keep secret became an icon of Ukraine's resistance against Russia
▼ + stars: | 2022-10-13 | by ( Sebastian Roblin | ) www.businessinsider.com time to read: +17 min

An Afghan soldier fighting for the Soviets sits on a Soviet-made T-64 tank near the Salang Pass on August 17, 1989. However, these systems were mostly exported, and it's unclear whether either is currently operational on Ukrainian tanks. Defending Ukraine, 2014-2015A Ukrainian tank in the eastern Ukrainian city of Slavyansk in July 2014. A burned Ukrainian tank in Uglegorsk, on the frontline near Debaltseve, in February 2015. A pro-Russian separatist stands guard near a T-64 tank in Donetsk in July 2014.

☆ Ukraine and Russia: What you need to know right now
▼ + stars: | 2022-09-16 | by ( ) www.reuters.com time to read: +3 min

Damaged buildings are seen, as Russia's attack on Ukraine continues, in the town of Izium, recently liberated by Ukrainian Armed Forces, in Kharkiv region, Ukraine September 17, 2022. * The Kremlin rejected allegations that Russian forces had committed war crimes in Ukraine's Kharkiv region as a "lie". DIPLOMACY/AID* U.S. President Biden urged Russian President Vladimir Putin not to use tactical nuclear or chemical weapons in the wake of Russian military setbacks in Ukraine. read more* Germany will supply Ukraine with four more Panzer howitzer 2000 tanks along with an additional ammunition package, the defence ministry said. Ukraine has urged the West to step up military aid to help it turn the tide of battle against Russia.

☆ The 10 most bizarre weapons of World War II
▼ + stars: | 2015-07-22 | by ( Alex Lockie | Lloyd Lee | ) www.businessinsider.com time to read: +12 min

World War II brought many successful innovations in technology including weapons. From explosive rats to a 155-foot-long gun, here are some of the most bizarre weapons from WWII. During World War II, the world's major powers set their sights on advancing technology, medicine, and communications in order to be efficient and fearsome in battle. PanjandrumThe Panjandrum, a rocket-propelled explosive cart, was one of the more curious weapons to have come out of World War II. Explosive ratsDogs were not the only unfortunate animal victims of experimental war weapons.

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