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☆ Procrastinating on open enrollment? How to get it done today, in 3 easy steps
▼ + stars: | 2024-11-18 | by ( Ryan Ermey | ) www.cnbc.com time to read: +6 min

If you've been putting off choosing your coverage for the upcoming year during this open enrollment season, no one would blame you. Workers often find themselves choosing an insurance plan from a menu of complicated and pricey options. If you've been procrastinating during open enrollment, here are three simple steps to just get it done. Know your acronymsYour workplace will likely present you with a list of insurance plans to choose from, which generally fall into one of two categories: high-deductible health plans and co-pay plans. Co-pay plans Unlike high-deductible plans, co-pay plans come with pre-determined costs that you'll pay for things like office visits, prescription drugs and medical procedures.

Persons: you've, Willis Towers Watson, Charlene Rhinehart, Here's, you'll, Carolyn McClanahan, you'd Organizations: Workers, Planning Partners

☆ Trump's plan to build more homes on federal land could push prices higher, UBS says
▼ + stars: | 2024-11-15 | by ( Kelly Cloonan | ) www.businessinsider.com time to read: +5 min

Trump's plan to transform federal land into housing will be costly, given minimal existing infrastructure, UBS says. Those policies, plus a set of potentially inflationary proposals, could drive up both home prices and mortgage rates, they say. Trump's plan to transform federal land into more housing seems particularly challenged, the analysts say. The higher rates will likely continue the housing lock-in effect, where existing homeowners prefer to remain locked in at their current lower rates. In prepared remarks on Thursday, Fed Chair Jerome Powell said the US is in no hurry to cut rates, signaling that mortgage rates could stay higher for longer.

Persons: —, Donald Trump's, homeownership, Trump, JD Vance, Vance, homebuyers, Jerome Powell Organizations: UBS, Service, Builders

☆ Polymarket CEO Shayne Coplan attacks Biden and Harris after FBI raid
▼ + stars: | 2024-11-14 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +4 min

The FBI raided Polymarket CEO Shayne Coplan's home on Wednesday, a company spokesperson said. A company spokesperson told Business Insider the raid took place at Shayne Coplan's Manhattan home Wednesday morning, without elaborating. Related Video Why Sam Bankman-Fried is facing up to 110 years in prisonSoon after the raid, Coplan, 26, posted on X: "New phone, who dis?" The Polymarket spokesperson said the raid was an act of "political retribution" by the Biden administration against a "fully transparent prediction market." AdvertisementA Biden administration spokesperson did not respond to a request for comment.

Persons: Shayne Coplan's, Polymarket, —, Donald Trump's, Sam Bankman, Chainalysis, Coplan, CNBC's, Peter Thiel's, Vitalik Buterin, Joe Biden, Kamala Harris, Elon, Trump, Biden Organizations: FBI, Bloomberg, Service, Polymarket, Shayne Coplan's Manhattan, Department of Justice, Futures Trading Commission, Traders, Trump, Fund, Apple Locations: Coplan, France, American

☆ US vs. Chinese replenishment ships: The workhorses that keep aircraft carriers operating
▼ + stars: | 2024-11-10 | by ( Benjamin Brimelow | ) www.businessinsider.com time to read: +12 min

Yet for all their importance, their missions would be impossible if not for the US Navy's unsung workhorses: replenishment ships. But replenishment ships also form the weakest link in the chain of American and Chinese carrier groups. Chow Chung-yan/South China Morning Post via Getty ImageChina's replenishment shipsThe US Navy has over 100 years of experience building and operating replenishment ships. Ultimately, the Chinese opted to pursue a new design for its next replenishment ships: the Type 903-class oiler. China has the largest shipbuilding industry in the world, however, enabling it to quickly build more oilers and convert some of its merchant ships into replenishment ships.

Persons: —, Jason R, Henry J, Kaiser refuels, Kenan O'Connor, Kaiser, Lewis, Clark, Dwight D, Eisenhower, Cole Keller, John Lewis, Harvey Milk, Earl Warren —, USNS Robert F, Kennedy, Chow Chung, Michael Singley, Chaganhu, Benjamin Brimelow Organizations: Service, US, Supply, Military Sealift Command, US Navy, Military Sealift Command's Combat Logistics Force, MSC, FAS, USNS Supply, Navy, General Dynamics, USNS, General Dynamics's National Steel and Shipbuilding Company, China Morning, Soviet Navy, NATO, USS Supply, Japanese Ministry of Defense, Sealift Command, Big, Global Affairs, Fletcher School of Law, Diplomacy, Business, Modern, Institute Locations: China, Red, Getty, Ukraine, Gulf, Aden, Shandong, Taiwan, Guam, South China, Pacific, USNS Pecos, Israel, Iran, West

Former FTX executive Nishad Singh was sentenced to time served and three years of supervised release on Wednesday, becoming the fourth ex-employee of the collapsed crypto exchange to be punished. He asked Judge Kaplan to show Singh "the same compassion he has shown others his entire life." Ray said Singh made substantial productions of documents, and he voluntarily returned Bahamian real estate purchased with FTX funds. Ryan Salame, another former top lieutenant of Bankman-Fried, was sentenced to seven and a half years in prison in May. WATCH: Caroline Ellison sentenced to two years in prison for role in FTX collapse

Persons: Nishad Singh, Claire Watanabe, Singh, Judge Lewis Kaplan, Sam Bankman, Caroline Ellison, Ellison, spiraled, Fried, Andrew Goldstein, Nicolas Roos, Roos, Judge Kaplan, Gabe, John Ray, Ray, Ryan Salame, Gary Wang, FTX, — CNBC's Dan Mangan Organizations: Engineering, Exchange, New, Alameda Research, Southern, of, Prosecutors Locations: New York, Alameda, Bankman, of New York, Manhattan, Bahamian

☆ Trump's immigration crackdown could deplete the construction workforce and make housing more expensive
▼ + stars: | 2024-10-27 | by ( Filip De Mott | ) www.businessinsider.com time to read: +6 min

Related storiesA 2022 George W. Bush Institute study found that US metros with the highest immigrant population growth scored the lowest construction costs. Without the supply of these workers, history suggests housing costs are likely to rise. These could be significant, given that the construction industry would be competing against other immigrant-dependent sectors. Trump's campaign has implied that cracking down on immigration will help ease housing unaffordability by effectively removing one source of demand. Meanwhile, Trump's platform is also pushing another policy initiative that's unlikely to help housing costs: tariffs.

Persons: Donald Trump, —, Donald Trump's, doesn't bode, Jim Tobin, Tobin, George W, JD Vance Organizations: Service, Republican, National Association of Home Builders, Home Builders Institute, Bush, SC, Congressional

☆ China's attempts to save its flailing housing market haven't boosted confidence among top Wall Street analysts
▼ + stars: | 2024-10-20 | by ( Kelly Cloonan | ) www.businessinsider.com time to read: +5 min

On Thursday, China unveiled new measures to prop up its struggling property market. AdvertisementChina officials have directed a wave of stimulus measures at the country's beleaguered property market, but the effort hasn't done much to impress Wall Street experts. On Thursday, China unveiled new measures to prop up its flailing housing market, including quicker access to credit for developers and renovations in run-down urban areas. "While a step in the right direction, these stimulus measures are so far falling short of the scope and scale needed to reflate the Chinese economy. But Yingrui Wang, China economist at AXA Investment Managers, says that optimism could be short-lived as the housing stimulus lacks detail.

Persons: —, Wall, Goldman Sachs, haven't, Yingrui Wang, Wang Organizations: Service, Ministry of Housing, Ministry, BCA Research, AXA Investment, CSI Locations: China, Beijing, China's

☆ Trump will mimic Harvey Weinstein's successful appeal to fight his own sexual-assault verdict Friday. It won't be as easy.
▼ + stars: | 2024-09-05 | by ( Laura Italiano | Jacob Shamsian | ) www.businessinsider.com time to read: +10 min

The judge who oversaw the trial later said: "Trump 'raped' her as many people commonly understand the word 'rape.'" AdvertisementBut the lawyers who won Weinstein's appeal told Business Insider that what worked for their client probably wouldn't work for Trump. In the May 2023 verdict, the jury found Trump liable for sexual abuse and defamation and awarded Carroll $5 million in damages. In the second trial, earlier this year, a separate jury said Trump owed Carroll an additional $83 million in defamation damages. AdvertisementInstead, it needed to find it was "more probable than not" that Trump sexually assaulted Carroll, a standard far more common in civil cases.

Persons: —, Donald Trump, Trump, Jean Carroll, Harvey Weinstein, John Sauer, he'll, Carroll, Sauer, It's, Weinstein, Barry Kamins, Kamins, Marci Hamilton, Goodman, Lewis Kaplan, Jessica Leeds, Natasha Stoynoff, Brittainy Newman, Diane Kiesel, Stoynoff, you've, Kaplan, Roberta Kaplan, Roberta Kaplan's, Jane Rosenberg Trump's, Arthur Aidala, shouldn't Organizations: Service, Business, Appeals, 2nd, Mar, New York state's, Trump, Hollywood, Child USA, New, Leeds, York state's, Stoynoff, New York Law School, REUTERS Locations: Manhattan, Lago, New York, Los Angeles, Brooklyn, Aidala, York, Leeds, Bergdorf's, Carroll, Carroll's, Hamilton

☆ A necessary step or government overreach? Economists are divided over Kamala Harris' plan to clamp down on food inflation
▼ + stars: | 2024-08-24 | by ( Filip De Mott | ) www.businessinsider.com time to read: +5 min

Read previewVice President Kamala Harris' proposal to combat grocery inflation hasn't elicited a range of opinions from economists, and many have turned to history to dispute her idea. Last week, the Democratic presidential nominee unveiled early details of her economic platform, which included a pledge to ban grocery price gouging. In a study from May, price gouging was the second leading perceived cause of inflation among surveyed consumers. AdvertisementWhether gouging deserves the blame for inflation, some have also criticized Harris' plan as an ineffective government overreach. Pundits have alluded to the price controls under President Richard Nixon.

Persons: —, Kamala Harris, Kenneth Rogoff, Harris, Ed Yardeni, Price, Richard Nixon, Stephen Moore, Lindsay Owens, Donald Trump Organizations: Service, Democratic, Business, CNN, Republican, Cato Institute, Heritage Foundation, CNBC, Federal Trade Commission, New York Times Locations: Cal, Maine

☆ Biden administration's student loan relief plan may be paused for 'months or even a year,' expert says
▼ + stars: | 2024-08-09 | by ( Annie Nova | ) www.cnbc.com time to read: +2 min

Alistair Berg | Digitalvision | Getty ImagesThe Biden administration's new affordable repayment plan, known as SAVE, may be on hold for months —or longer — amid a slew of legal challenges. The White House says roughly 8 million people are enrolled in SAVE, or the Saving on a Valuable Education plan. Why the SAVE plan is on holdThe SAVE plan has been a magnet for controversy ever since the Biden administration rolled out the program in the summer of 2023, describing it as "the most affordable student loan plan ever." Indeed, the terms of the new income-driven repayment plan are the most generous to date. However, borrowers pursuing student loan forgiveness should still explore their options, said Elaine Rubin, director of corporate communications at Edvisors, which helps students navigate college costs and borrowing.

Persons: Alistair Berg, Digitalvision, Biden, they're, Elaine Rubin Organizations: SAVE, Republican, U.S . Department of Education, Education Department Locations: Edvisors

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☆ Starbucks' turnaround takes an encouraging step forward. Here's what we what to see next
▼ + stars: | 2024-07-30 | by ( Jeff Marks | ) www.cnbc.com time to read: +7 min

Starbucks Why we own it : Starbucks has one of the most recognizable brands of any restaurant. Like Starbucks, McDonald's has had a challenging 2024 and the company reported uninspiring results — missing on revenues, same-store sales, and earnings per share. Quarterly commentary Comparable store sales in North America — a key restaurant industry metric — fell 2%, slightly beating estimates of a 2.2% drop forecasted by Wall Street analysts, according to FactSet. In Starbucks' international segment, comparable store sales fell 7%, missing estimates of a 5.1% decline. A Starbucks store stands in Manhattan on January 30, 2024 in New York City.

Persons: Elliott, Elliott Management's, Dunkin, McDonald's, We'd, Laxman Narasimhan, We're, Narasimhan, Jim Cramer's, Jim Cramer, Jim, Spencer Platt Organizations: Starbucks, Revenue, Elliott Management, Bros, McDonalds, Citi, Wall Street, CNBC, Getty Locations: China, North America, U.S, East, Southeast Asia, Europe, Manhattan, New York City

☆ Student loan payments are on pause for millions. Here's what borrowers need to know
▼ + stars: | 2024-07-26 | by ( Annie Nova | ) www.cnbc.com time to read: +3 min

We Are | Digitalvision | Getty ImagesFederal student loan payments are on pause for millions of borrowers while the Biden administration defends its new relief program in court. The U.S. Department of Education is placing federal student loan borrowers enrolled in the Biden administration's new income-driven repayment plan, known as SAVE, into an administrative forbearance. The SAVE plan has been a magnet for controversy ever since the Biden administration rolled out the program in the summer of 2023, describing it as "the most affordable student loan plan ever." Borrowers can explore their other repayment plan options, "but that would lead to a higher monthly loan payment," Kantrowitz said. "By staying in the SAVE plan, the borrower doesn't lose anything other than time," he added.

Persons: They'll, IRAs, Biden, Mark Kantrowitz, Kantrowitz Organizations: Getty, Biden, U.S . Department of Education, Finance, White, SAVE, Education Department, Republican Locations: forbearance, Missouri

It's not often an airline credit card makes waves with a strong welcome bonus and completely unique benefits, but the Aeroplan® Credit Card has managed to do just that. Aeroplan Credit Card OverviewThe Aeroplan® Credit Card has a welcome bonus offer of 70,000 points after you spend $3,000 on purchases in the first three months from account opening. Aeroplan Credit Card RewardsAeroplan Card welcome bonus offerThe Aeroplan® Credit Card is offering 70,000 points after you spend $3,000 on purchases in the first three months from account opening. Aeroplan Credit Card Annual Fee and Other CostsThe Aeroplan® Credit Card charges a $95 annual fee, but you won't pay foreign transaction fees, which makes it a good card to use when you're traveling internationally. Methodology: How we reviewed the Aeroplan cardBusiness Insider's credit cards team reviewed the Aeroplan® Credit Card in comparison to other top airline credit cards available right now.

Persons: It's, Chase, —, cardholders, Cardholders, there's, you've, Aeroplan Organizations: Business Insider, Citi, Mastercard, Air Canada, Air, Star Alliance, Chase, FDIC, TSA, Citi ®, Canada, American Express, Business, Cardholders, Target, Walmart, Air Canada Aeroplan, United, ANA, Etihad, Gulf Air, US, Cruises, Discount, Air Canada Express, Air Canada Rouge, Chase TravelSM, TD Bank, CIBC Locations: Air Canada, cardholder, rideshares, GOL, North America, Mexico, Central America, Caribbean, Europe, Coast, Hawaii, Asia, Canada, Amex

☆ If you enrolled in the SAVE plan, you may not have a payment due for now—what borrowers need to know
▼ + stars: | 2024-07-19 | by ( Kamaron Mcnair | In Kamaronmcnair | ) www.cnbc.com time to read: +1 min

Federal student loan borrowers on the SAVE plan were expecting or already enjoying lower monthly payments from July onward, and others were hoping to see their loans forgiven after a decade of payments. The temporary stay blocks all aspects of the SAVE plan from moving forward until further notice. If you're already enrolled in the SAVE plan, you'll be placed in an interest-free forbearance while the administration "continues to vigorously defend the SAVE Plan in court," the statement said. The 8th Circuit ruling addresses just one of the two lawsuits currently being litigated to determine the SAVE plan's fate. If the 10th Circuit Court of Appeals in Kansas issues a different ruling, the Supreme Court may have to step in.

Persons: Joe Biden's, Education Miguel Cardona, you'll, Biden Organizations: Circuit, Federal, Education, Protection Locations: Missouri, Kansas

The information for the following product(s) has been collected independently by Business Insider: American Express® Green Card, Amex EveryDay® Credit Card, Amex EveryDay® Preferred Credit Card, Hilton Honors American Express Aspire Card, Marriott Bonvoy Boundless® Credit Card. History and overview of the Amex Membership Rewards programThe Amex Membership Rewards program debuted way back in 1991 with just seven U.S. airline partners. In this comprehensive guide, we'll show you how to transfer American Express points for travel, and teach you our best tips for maximizing value for Amex Membership Rewards transfers. We'll also walk you through Amex points transfer ratios and policies, point out the best Amex airline transfer partners, and walk you through transferring Amex points to hotel loyalty programs. The best cards for earning American Express Membership RewardsThe Platinum Card® from American Express Apply now lock icon An icon in the shape of lock.

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☆ Here's some relief student loan borrowers can still count on — at least for now — amid legal challenges
▼ + stars: | 2024-07-13 | by ( Annie Nova | ) www.cnbc.com time to read: +4 min

Alexandra Pavlova | Getty ImagesThe Biden administration's efforts on student loan forgiveness have repeatedly been met with legal challenges. And experts say Biden's do-over effort at delivering sweeping debt forgiveness is almost certain to face similar opposition. Amid all the anxiety-provoking news, here's what relief student loan borrowers can still count on — at least for now. Most of SAVE plan is still in effectThe Biden administration rolled out the SAVE plan in the summer of 2023, describing it as "the most affordable student loan plan ever." "[They] deserve relief and this is why it's critical for the administration to finalize its debt relief rules and enact debt relief for as many borrowers as possible."

Persons: Alexandra Pavlova, Biden, Joe Biden's, Miguel Cardona, Aissa, Bañez Organizations: Republican, SAVE, Finance, Education Department, Biden, U.S . Department of Education, Student, Protection Locations: Arkansas, Florida, Missouri, Kansas

☆ Student-loan borrowers who were set to get debt cancellation or lower payments through Biden's new repayment plan won't get it — for now. Here's what you need to know.
▼ + stars: | 2024-06-25 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +7 min

Monday's district court rulings were different, but both dealt blows to the SAVE plan. AdvertisementEducation Secretary Miguel Cardona condemned the rulings on Monday, saying in a statement that "the Department of Justice will continue to vigorously defend the SAVE Plan." "While we continue to review these rulings, the SAVE plan still means lower monthly payments for millions of borrowers - including more than 4 million borrowers who owe no payments at all, and protections for borrowers facing runaway interest when they are making their monthly payments," he added. "All of this is to ask why: if these parts of the SAVE Plan promised an irreparable harm to plaintiffs, why didn't they move to enjoin the SAVE Plan before they took effect?" He also said that even without allowing student-loan forgiveness, the other provisions, like lower payments and limited interest accrual, will still provide relief to borrowers.

Persons: —, Joe Biden's, Daniel Crabtree, John Ross, Miguel Cardona, " Cardona, Crabtree, Missouri's Ross, MOHELA, Biden's, Ross, Cardona, Karine Jean, Pierre Organizations: Service, Business, GOP, Department, Justice, SAVE, Republican, Higher, Education Department, Justice Department, White House Press Locations: Kansas, Missouri, Monday's

☆ 'We're not backing down:' How the West plans to use Russia's frozen funds, and why some say it's still not enough to help Ukraine
▼ + stars: | 2024-06-16 | by ( Filip De Mott | ) www.businessinsider.com time to read: +5 min

The Group of Seven has agreed in principal to provide Ukraine with a $50 billion loan. Profits from Russian frozen funds are to be used as collateral to back the loan. AdvertisementThe Group of Seven has finally moved the dial on a contentious idea to provide funding to Ukraine by using Russian funds. AdvertisementRoughly $322 billion in funds were frozen after Moscow invaded Ukraine and have sat untouched for over two years. That could mean Moscow taps Western funds in the country and punishes any Western companies that have remained in Russia.

Persons: —, Putin, we're, Joe Biden, Biden, Michael Froman, Donald Trump, Vladimir Putin, Charles Lichfield, Chatham House's Timothy Ash Organizations: Seven, Service, Kyiv, European Commission, of Foreign, CNBC, Moscow, The, CEPA, Financial Times Locations: Ukraine, headbutting, Moscow, Europe, Kyiv, Russia, France, Germany

☆ Student-loan borrowers enrolled in Biden's new repayment plan may have gotten a win after a federal judge ruled only 3 states 'just barely' have standing to challenge the plan
▼ + stars: | 2024-06-10 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +4 min

Read previewStudent-loan borrowers enrolled in President Joe Biden's new repayment plan may have just gotten some relief from legal challenges. Crabtree wrote that the three states' standing is "weaker than the one that prevailed" at the Supreme Court. Crabtree explained how this case is different from Biden v. Nebraska, the case brought before the Supreme Court. In the case to block SAVE, the states are not arguing they would lose money from servicing loans. It's also in the process of implementing a broader student-loan forgiveness plan to replace the one the Supreme Court struck down, which is also likely to result in lawsuits.

Persons: —, Joe Biden's, Daniel Crabtree, they'd, Crabtree, They're, Cato, It's Organizations: Service, Business, Kansas, Supreme, Public, Biden, . Nebraska, New Civil Liberties Alliance, Mackinac Center for Public, Sixth Circuit, Education Department Locations: Kansas, — South Carolina , Texas, Alaska, .

☆ Netanyahu aide says Israel agreed to Biden's cease-fire plan for Gaza
▼ + stars: | 2024-06-02 | by ( Freddie Clayton | ) www.cnbc.com time to read: +5 min

An aide to Israeli Prime Minister Benjamin Netanyahu said in an interview with Britain's Sunday Times that Israel had agreed to the framework for President Joe Biden's plan to bring an end to the war in Gaza, though he said it was "not a good deal." He added that Israel's conditions "have not changed" — the release of the hostages and the destruction of Hamas. "Indefinite war in pursuit of an unidentified notion of total victory will only bog down Israel in Gaza," Biden said. U.S. Secretary of State Antony Blinken made calls to Arab leaders on Saturday affirming their commitment to the cease-fire. Tens of thousands of Israelis gathered in Tel Aviv on Saturday night to urge the government to accept a cease-fire.

Persons: Benjamin Netanyahu, Israel, Joe Biden's, Biden, Netanyahu, Ophir Falk, — it's, Biden's, Bezalel Smotrich, Itamar Ben Gvir, Yair Lapid, Ben Gvir, Lapid, Smotrich, Laura Blumenfeld, Antony Blinken Organizations: Britain's Sunday Times, NBC News, Minister's, Sunday Times, Zionist Party, Jewish Power Party, Johns Hopkins School, International Studies, U.S, Families Locations: Gaza, Israel, Hamas, East, Washington, Spain, France, Germany, Belgium, Qatar, Egypt, U.S, Tel Aviv

Learn morePeacock is NBC's streaming service, making it the best choice for fans of "Brooklyn Nine-Nine," "New Girl," and this year's Olympics. New and returning subscribers can get a whole year of Peacock Premium for only $20. In our guide to the best streaming services, we recommend Peacock as the best service for NBC fans. AdvertisementHow to get the Peacock dealScoring this deal on NBC's Peacock is as easy as signing up and checking out. It's amongst the cheapest streaming services you can choose from at the moment — but keep in mind that this tier is ad-supported.

Persons: Peacock, NBC's Organizations: Business, NBC, Olympics, Recreation

☆ E. Jean Carroll's lawyer responds to Trump Memorial Day post: 'All options are on the table'
▼ + stars: | 2024-05-27 | by ( Micah Washington | ) www.cnbc.com time to read: +2 min

Donald Trump on Monday again denied rape and defamation claims against him by writer E. Jean Carroll, nabbing the attention of her lawyer. Kaplan later ruled in the civil defamation case in January that as president Trump defamed Carroll after she accused him in 2019 of rape. Carroll's lawyer Roberta Kaplan swiftly responded to Trump's post, "We have said several times since the last jury verdict in January that all options were on the table. The Biden campaign also responded to Trump's post on X and wrote, "Trump posts Memorial Day message with zero mention of fallen American service members, instead calling those who don't support him "'Human Scum.'" Then continued, "As we said after the last jury verdict, we continue to monitor every statement that Donald Trump makes about our client, E. Jean Carroll."

Persons: Donald Trump, E, Jean Carroll, Lewis Kaplan, Carroll's, Kaplan, Trump, Carroll, Roberta Kaplan, Biden, CNBC's Organizations: U.S, Manhattan Criminal, Monday, Manhattan Locations: New York City, U.S, Manhattan

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Persons: It's, you'll, you've, it's Organizations: Business, Paramount, Mint Mobile, Mobile, Mint, Mint Mobile Paramount, . Mint Mobile, Mint Mobile Paramount Plus, CBS

☆ China's newest aircraft carrier was spotted with aircraft mock-ups hinting at what its future air wing could look like
▼ + stars: | 2024-04-18 | by ( Chris Panella | ) www.businessinsider.com time to read: +5 min

New images posted to social media show China's third and newest aircraft carrier hosting aircraft mock-ups. AdvertisementChina's newest aircraft carrier appears to be sporting mock-ups of warplanes, according to new images posted to social media by a long-time China watcher. The pictures also show the Fujian's catapult system, designed to launch aircraft much like the US Navy's aircraft carriers. CHINESE AIRCRAFT CARRIER, JIANGNAN SHIPYARDS, CHINA, JUNE 18, 2022: Maxar satellite imagery close up view of CV 18 Fujian Aircraft Carrier, Shanghai, China. Take a close look at China's third aircraft carrier #Fujian, which was launched in Shanghai on Friday.

Persons: —, Andreas Rupprecht, @QwaSkkn2447, Kitty Hawk, Matthew P, Funaiole, Joseph S, Bermudez Jr, Brian Hart Organizations: Service, People's Liberation Army Navy, Fujian, 10J, Ford, Department of Defense, China, Fujian Aircraft Carrier, Global Times, Center for Strategic, International Studies Locations: Fujian, China, Shanghai, Fujian “, Liaoning, Shandong, JIANGNAN, CHINA, China's, Taiwan

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