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☆ How Chinese EV makers are slowly taking over the world
▼ + stars: | 2024-06-22 | by ( Tom Carter | ) www.businessinsider.com time to read: +14 min

Chinese carmakers accounted for 88% of the EV market in Brazil and 70% in Thailand in Q1, according to ABI Research figures. The EV markets in many of these countries are small now, but they're growing rapidly. This is because Chinese automakers are known for their ability to build electric cars for less than their foreign competitors. Australian Senator and shadow cyber-security minister James Paterson said earlier this year that Chinese EVs pose a growing cybersecurity risk. "India is still a little wary of the Chinese market," said Dylan Khoo, an analyst at ABI Research.

Persons: —, BYD, Joe Biden, Bill Russo, Susan Walsh Sam Fiorani, Luiz Inácio Lula da Silva, São Paulo, Luiz Inacio Lula da Silva, Marcel Martin, Katherine Tai, Elon Musk, SONNY TUMBELAKA, They're, Automobility, Tesla, John Keeble, James Paterson, Fiorani, Indranil Aditya, Dylan Khoo, Warren Buffett, Xpeng, William Li, HECTOR RETAMAL, America's, Russo, WuYuan Organizations: Service, Detroit, EV, Business, Research, Ford, Toyota, Volkswagen, EU, AP, AutoForecast Solutions, Brazilian Electric Vehicle Association, Great Wall Motors, Anadolu Agency, Getty, International Council, Clean Transportation, Chery, Total, China Passenger Car Association, Reuters, Honda, Mitsubishi, International Energy Agency, Federal, of Automotive Industries, SAIC, AutoForecast, BYD, SAIC Motors, India's, ABI Research, Union Locations: Camaçari, Brazilian, Bahia, Brazil, Mexico, Southeast Asia, Europe, Thailand, China, Shanghai, EU, São, Johannesburg, South Africa, Southeast Asia Southeast Asia, Malaysia, Vietnam, Indonesia, Indonesia's West Java, Philippines, Australia, Hangzhou, Queensland, India India, India, Europe Europe, Hungary, France, Spain, Portugal, South Korea

☆ South Korea said it might send weapons to Ukraine after Putin signed a security pact with its biggest enemy
▼ + stars: | 2024-06-21 | by ( Tom Porter | ) www.businessinsider.com time to read: +3 min

Read previewSouth Korea said it could send weapons to Ukraine after Russia signed a security pact with Seoul's biggest regional foe, North Korea. Putin became the first Russian leader to visit North Korea in a quarter of a century this week, cementing an alliance with the pariah state. Putin, on a trip to Vietnam Friday, warned South Korea against arming Ukraine in response, saying that it would be a "big mistake." Moscow "will... [make] decisions which are unlikely to please the current leadership of South Korea" if it goes ahead and sends weapons to Ukraine, Putin said, reported BBC News. But he also said that South Korea has "nothing to worry about" from the new pact as long as it doesn't commit acts of aggression toward North Korea.

Persons: —, Chang Ho, Kim Jong Un, Chang, Putin, Russia's, Cho Tae, yul, Antony Blinken Organizations: Service, Seoul's, Korean, North, Business, UN Security Council, UN, South, BBC Locations: Korea, Ukraine, Russia, North Korea, Pyongyang, Russian, East Asia, South Korea, Japan, Vietnam, Moscow

☆ Chipotle's latest marketing campaign shows how restaurants are getting creative to win your lunch break
▼ + stars: | 2024-06-21 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, we're looking at Chipotle's newest pitch in the big business that is winning your lunch break. Market research firm Future Markets Insights pegged the lunch takeout market at $215.3 billion in 2022 . Chipotle's latest marketing campaign shows how creative restaurants are getting to nab your lunch order. Bitcoin's cooldown might be a warning for the stock market. A Stifel strategist predicted a late-summer stock market decline based on bitcoin's 10% sell-off in the past few weeks.

Persons: —, Chelsea Jia Feng, Keith Lee, Alyssa Powell, haven't, Taco Bell, Tim Hortons, Burger King, sarayut Thaneerat, Tyler Le, Ken Griffin, Bitcoin's, isn't, That's, Jensen Huang's, Satya Nadella's, Marc Piasecki, Elon Musk, They're, Alfie, Alfie Health, Donald Trump, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover, Annie Smith, Amanda Yen Organizations: Service, Business, nab, bros, Chipotle, Getty, Brands, KFC, Taco, BI Citadel, Sunshine State, Congressional, Nasdaq, Apple, Apple Intelligence, Nvidia, Microsoft, Amazon, Elon Locations: Cava, Illinois, Florida, China, New York, London

☆ My parents attended Big Ten universities, but I chose a smaller, lesser-known one. They often chastised me for that choice.
▼ + stars: | 2024-06-21 | by ( Amy Abbott | ) www.businessinsider.com time to read: +5 min

I was not interested in my dad's college, Purdue, because it lacked a humanities focus. I asked to visit Ball State University in Muncie, Indiana, because I had heard good things about the midsize college. AdvertisementI was irritated and surprised but still wanted to visit Ball State. Ball State lacked the national ratings of the other schools but was renowned for several programs, including one that interested me. I fell in love with Ball StateI attended a summer high school journalism workshop at Ball State, which clinched the deal for me.

Persons: —, impatiently, Aren't, we've, Amy, David, Dorothy, Oz, Tom K, Ryan, Jim Davis, Garfield, I'm, I've Organizations: Service, Business, Purdue, Indiana University, Ball State University, Big Ten, Ball State, Ball, Indiana Locations: Minnesota, mater, Muncie , Indiana

☆ China spends at least $230 billion trying to win the EV race, study finds
▼ + stars: | 2024-06-21 | by ( Tom Carter | ) www.businessinsider.com time to read: +3 min

Read previewChina has spent at least $230 billion on government support to electric vehicle makers such as BYD since 2009, according to a new study from the Centre for Strategic & International Studies think tank. Government subsidies have been a central pillar of China's quest to become an EV powerhouse over the past decade. AdvertisementChina is now the world's largest electric vehicle market, accounting for 60% of global EV sales in 2023, per the IEA — well above rivals like the US and Japan. EV makers in China can get government support through several routes, including infrastructure subsidies, tax exemptions, and buyer rebates. Massive government support has cultivated intense competition among China's legion of EV companies, which in turn has led to low prices.

Persons: —, BYD, Tesla Organizations: Service, Centre, Strategic & International Studies, Business, European Union, EV, CSIS, Battery, Penn Wharton University Locations: China, Europe, Japan, America

☆ Boeing's leaking Starliner spacecraft has delayed 2 astronauts' return to Earth
▼ + stars: | 2024-06-20 | by ( Tom Carter | ) www.businessinsider.com time to read: +1 min

Two astronauts will be at the ISS for longer than planned, following issues with Boeing's Starliner. NASA and Boeing have pushed back Starliner's return to June 26 to review data from the mission. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementTwo NASA astronauts have been left waiting to return home from the International Space Station because of issues with Boeing's Starliner spacecraft. NASA and Boeing announced on Tuesday that Starliner's return had been delayed to June 26 after the troubled vessel's first crewed launch was hampered by technical issues.

Persons: Boeing's Starliner, —, Starliner's, Butch Wilmore, Suni Williams Organizations: ISS, NASA, Boeing, Service, International

☆ GPS jamming now seems to be impacting transatlantic flights
▼ + stars: | 2024-06-20 | by ( Tom Porter | ) www.businessinsider.com time to read: +1 min

The first known instance of GPS jamming impacting transatlantic flights has been recorded. According to air traffic control data, a flight was forced to operate in a "degraded mode." Russia is suspected of being behind GPS jamming in the Baltic region. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThe first known instance of GPS jamming impacting a flight on transatlantic routes has been reported.

Persons: — Organizations: Service, Navigation Foundation, GPS, Business Locations: Russia, Baltic, Madrid, Toronto

☆ Nvidia stock has 50% upside on the potential boom of its AI-fueled software business, analyst says
▼ + stars: | 2024-06-19 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

Nvidia stock still has 50% upside, according to Rosenblatt analyst Hans Mosesmann. That's according to Rosenblatt semiconductor analyst Hans Mosesmann, who increased his Nvidia price target to a street-high $200 per share on Tuesday. But going forward, the real profit story for Nvidia isn't in its hardware-focused GPU business, but rather in its software business, which is spearheaded by Nvidia's popular CUDA platform. Right now, Nvidia's hardware business is going through an unprecedented boom period. Mosesmann's bullishness on Nvidia's software platform was echoed by I/O Fund Tech analyst Beth Kindig last month.

Persons: Rosenblatt, Hans Mosesmann, Mosesmann, —, Hopper, Blackwell, Rubin, Beth Kindig, Kindig Organizations: Nvidia, Service, Rosenblatt, Nvidia isn't, O Fund Tech

☆ Willie Mays, San Francisco Giants legend, dead at 93
▼ + stars: | 2024-06-19 | by ( Amanda Goh | ) www.businessinsider.com time to read: +3 min

Read previewWillie Mays, the Hall of Famer with a career that spanned 22 seasons, has died at age 93, the San Francisco Giants announced in a post on X on Tuesday. At the time of his death, May had been the oldest living member of the Baseball Hall of Fame. In 1951, he joined the New York Giants. AdvertisementHe retired in 1973 with 24 All-Star awards and was inducted into the Baseball Hall of Fame in 1979. Advertisement"My father has passed away peacefully and among loved ones," Michael Mays told the Chronicle on Tuesday.

Persons: —, Willie Mays, Greg Johnson, Mays, Margherite Wendell Chapman, Michael, Mae Louise Allen, Michael Mays Organizations: Service, of Famer, San Francisco Giants, Giants, Business, Baseball Hall of Fame, Birmingham Black Barons, Negro American League, MLB, New York Giants, of Fame, CBS, National League, New York Mets, The Giants, Mets, San Francisco, Negro Leagues, St, Louis Cardinals Locations: America, New York City, Birmingham , Alabama

☆ Elon Musk is sued by another ex-Twitter exec, who says top bosses were 'cheated' out of $200 million in severance
▼ + stars: | 2024-06-18 | by ( Tom Carter | ) www.businessinsider.com time to read: +1 min

Elon Musk is facing another lawsuit over his turbulent takeover of Twitter. Twitter's former Chief Accounting Officer is suing Musk over $3.75 million in unpaid severance. Earlier this year, four other ex-Twitter senior execs sued Musk over unpaid severance. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementElon Musk's legal battles keep piling up — and now he's facing a lawsuit from another former Twitter executive.

Persons: Elon Musk, Musk, execs, —, Elon, Robert Kaiden, Kaiden Organizations: Twitter, Service, Northern, Court, Business Locations: California

☆ A lawyer dreamed of disrupting the legal industry with private equity. It turned into a nightmare.
▼ + stars: | 2024-06-18 | by ( Jack Newsham | ) www.businessinsider.com time to read: +10 min

And he'd just launched a venture with the Miami investment firm 777 Partners that he hoped would revolutionize the legal business. Arizona had recently begun permitting nonlawyers to invest in law firms, which is banned in nearly every other state. AdvertisementAllowing private-equity riches to pour into law firms looked like it could be a game changer. AdvertisementGerman said 777 didn't supply money on the terms or timeline it promised and planned. Funding and marketing firms were cutting deals with law firms in nonpublic arrangements for years before Arizona changed its rules, she added.

Persons: Steve German, nonlawyers, he'd, BerlinRosen, Uber, Andy Kvesic, Arizona's, Josh Wander, Semafor, Steven Pasko, Lynda Shely, Shely, Ed Gehres, Damien Alfalla Organizations: Service, Partners, Scout Law, Scout, Regulators, DOJ, Globo Locations: Phoenix, Miami, Arizona, State

☆ China could soon have to choose between fueling the Ukraine war and its access to Europe's economy
▼ + stars: | 2024-06-18 | by ( Tom Porter | ) www.businessinsider.com time to read: +4 min

Read previewNATO Secretary General Jens Stoltenberg this week warned China it faces a stark choice if it continues backing Russia's Ukraine invasion. "But the reality is that China's fueling the largest armed conflict in Europe since World War II. In response, China has said it is not a party to the Ukraine war and that there should be no interference with trade between China and Russia. AdvertisementChina-Europe tensions increaseIt's not just China's support for Russia that appears to be focusing European minds on the potential threat it poses. Both have taken a critical stance towards Ukraine and appear keen to do more business with China, in defiance of EU policy.

Persons: —, Jens Stoltenberg, Xi, Stoltenberg, Emanuel Macron Organizations: Service, Publicly, Business, West, European Commission, US, European Union, Financial Locations: China, Ukraine, Europe, Beijing, Russia, Germany, Hungary, Serbia

☆ Embattled EV startup Fisker files for bankruptcy
▼ + stars: | 2024-06-18 | by ( Grace Kay | Tom Carter | ) www.businessinsider.com time to read: +1 min

Fisker has filed for bankruptcy, following its warnings of potential business failure. Fisker is one of several companies to face headwinds from an EV sales slowdown. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Fisker, the second failed automotive startup founded by car designer Henrik Fisker, is the latest EV upstart to fail. This story is available exclusively to Business Insider subscribers.

Persons: Fisker, —, Henrik Fisker Organizations: Service, Business

☆ Trump's ex-national security advisor wants to restart US nuke testing. Nuclear experts warn that's not a good idea.
▼ + stars: | 2024-06-18 | by ( Chris Panella | ) www.businessinsider.com time to read: +5 min

Read previewDonald Trump's former White House national security advisor is arguing that a second term in office should involve restarting US nuclear testing for the first time in over 30 years. No one wins a nuclear arms race, he said. Kimball called out the difference between O'Brien's argument for the resumption of nuclear testing with the Biden administration's current policy, which remains dedicated to the status quo. "Resuming nuclear testing would reduce US technical superiority over Russia and China because they would immediately follow and have much more to learn," he said. O'Brien's push for resumed testing shouldn't necessarily come as a surprise.

Persons: —, Donald Trump's, That's, Robert O'Brien, Trump, O'Brien, Jon B, Obama, Donald Trump, Xi Jinping, Brendan Smialowski, Wolfsthal, Daryl Kimball, Strangelove, Kimball, Biden, Joe Biden's, Jake Sullivan, We've, Maxim Zmeyev, Jeffrey Lewis, Hans Kristensen, John Bolton Organizations: Service, White House, Business, Foreign Affairs, United, Russian, Getty, US, Arms Control, Joe Biden's National, Middlebury Institute of International Studies, Federation of American, US State Department Locations: Russia, China, United States, Washington, US, AFP, PRC, People's Republic of China, Moscow, Monterey

"House of the Dragon" finally returned on Sunday night, two years after season one aired on HBO and became a smash hit. Rhaenyra, in mourning, needs to see her dead son for herselfRhaenyra discovers the remains of Arrax, her son Lucerys' dragon, in the season two premiere of "House of the Dragon." Daemon makes an oopsieDaemon (Matt Smith) and Rhaenyra (Emma D'Arcy) in "House of the Dragon" season 2. Back in King's Landing, the assassins that Daemon sent after Aemond close inEwan Mitchell as Aemond Targaryen in "House of the Dragon" season two. Olivia Cooke as Alicent in season two of "House of the Dragon."

Persons: —, Alicent Hightower, Aegon II, Rhaenyra Targaryen, Alicent's, Aemond, Rhaenyra's, Lucerys Velaryon, Eammon Jacobs, Palmer Haasch, Caralynn, Palmer, …, Cregan Stark, Ollie Upton, Stark, Jace, Vhagar, Daemon Daemon, Theo Whitman, Daemon, she's, Corlys, Tom Glynn, Carney, Helaena, Alicole, … Palmer, Rhaenyra, Arrax, Lucerys, Theo Whiteman, Emma D'Arcy, Milly Alcock —, Emma, Luke, Syrax, Otto, Larys, Michael, Aegon's, Hugh, Alicent, Sonoya Mizuno, maven, Whistleworm, I'm, Matt Smith, Jace —, he's, Jacaerys, it's, Ramin, Daemon Targaryen, Ewan Mitchell, it's Helaena, It's, Olivia Cooke, Cole, wasn't Criston, Jaime, Cersei, Bran Organizations: Service, HBO, Greens, Aegon, Blacks, Business, Alpha Beta Locations: Alicole, Farmville, Lucerys, Alicent

☆ At this comedy show, tech workers are the butt of every joke
▼ + stars: | 2024-06-17 | by ( Samantha Stokes | ) www.businessinsider.com time to read: +8 min

But comments like these are par for the course at Socially Inept, a comedy show hosted by former tech employees who make the audience — which is largely made up of tech workers themselves — the material. Socially Inept was founded by Jesse Warren and Austin Nasso, two former Big Tech employees. AdvertisementNasso, Oster, and Warren met through Seattle's comedy scene when Nasso and Warren worked Big Tech jobs in the city. It makes it seem like you're in on the joke, even when you're also kind of the butt of the joke. And for the most part, it seemed like tech workers in the audience were very self-aware and took their roasts in stride.

Persons: —, She's, Peter Jay Sharp, Jesse Warren, Austin Nasso, Nikita Oster, Boston —, Nasso, Oster, Warren, Masha Oster, — Warren, Justin Bieber, James Franco, Tom Brady, revel, they're Organizations: Service, Business, Flatiron District, Union Square Ventures, Google, Big Tech, Boston, Microsoft, SpaceX, Valley Bank, Army, eBay, Tech Locations: New York, Hudson, Manhattan, San Francisco , LA, Miami, Seattle, LA, hurtfulness

☆ Elon Musk seems pleased that Dubai police are now driving a Cybertruck
▼ + stars: | 2024-06-17 | by ( Tom Carter | ) www.businessinsider.com time to read: +1 min

Dubai is adding a Cybertruck to its fleet of luxury police vehicles. Elon Musk is thrilled, but the Tesla pickup is unlikely to be chasing down criminals anytime soon. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementDubai has added a Cybertruck to its fleet of luxury police vehicles — much to Elon Musk's satisfaction. Its police force said on X it now had the Tesla as part of its "tourist police" patrol fleet, posting an image of a Cybertruck in green and white livery.

Persons: Elon Musk, Tesla, —, Elon Organizations: Service, Dubai Police General Command Locations: Dubai

☆ TikTok is getting into the murky business of AI-generated influencer ads
▼ + stars: | 2024-06-17 | by ( Dan Whateley | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewTikTok is rolling out a tool that will allow brands to use AI-generated avatars of real people in ads on the platform. In a demonstration in the announcement post, the company showcased a reel of AI-generated avatars built from apparent TikTok creators who explain why they'll benefit from an AI tool that uses their likenesses. "If this is something that caught on, I'd be very scared for the future of my business," micro influencer Kristen Bousquet told Business Insider in May. TikTok isn't the only Big Tech platform experimenting with AI-generated avatars.

Persons: —, SelfMade, Kristen Bousquet, TikTok, creatives —, Meta, Tom Brady, Kendall Jenner, YouTuber Organizations: Service, Business, NBA, Big Tech, Facebook, Microsoft, Apple

☆ House Republicans say they 'desperately need a place to smoke cigars'
▼ + stars: | 2024-06-17 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +1 min

Rep. Tom Cole's office has been a place for GOP lawmakers to smoke cigars and bond. But the Oklahoma Republican recently switched offices — depriving Republicans of their usual spot. "We desperately need a place to smoke cigars," said Cole. AdvertisementHouse Republicans are facing yet another crisis — but it's only tangentially related to the business of crafting and passing laws. They need a place to smoke cigars near the House floor.

Persons: Tom Cole's, Cole, —, Tom Cole Organizations: GOP, Oklahoma Republican, Service, Business Locations: Oklahoma

☆ Your next iPhone could be thinner as Apple reportedly aims to slim down its product range
▼ + stars: | 2024-06-17 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +2 min

The iPhone 15 Pro is 0.32 inches (8.25 mm) deep, compared with 0.29 inches (7.4 mm) for the iPhone 12 Pro, per Apple's website. Apple announced at the Worldwide Developers Conference it would integrate its new AI software, Apple Intelligence, into the iPhone, iPad, and Mac. The AI features will roll out later this year with Apple's iOS 18 update, but will only be available to iPhone 15 Pro and 15 Pro Max users. Android chief Sameer Samat previously told Business Insider that it plans to seize the moment to "reinvent" what phones can do. AdvertisementApple didn't immediately respond to a request for comment from Business Insider, made outside normal working hours.

Persons: —, Apple, Mark Gurman, Gurman, Mac, It's, Sameer Samat Organizations: Service, Business, Apple, Worldwide, Apple Intelligence, Pro Max, Google, Samsung, Android, Bank Of America Securities

☆ Key holdouts at a Ukrainian diplomatic summit are proof that Putin's diplomatic playbook is working
▼ + stars: | 2024-06-17 | by ( Tom Porter | ) www.businessinsider.com time to read: +5 min

Read previewOver the weekend, Ukraine's President Volodymyr Zelenskyy rallied countries from around the world to support his call for Russia to end its invasion. It has been especially effective in the "global South" of non-Western powers whose wealth and influence on world affairs is growing. AdvertisementHowever, powerful non-Western countries refused to take part. Russia has also seized on claims that Western support for Israel in its war against Hamas is evidence of hypocrisy. AdvertisementIt is to Putin's advantage when those countries see Russia vs. Ukraine and Israel vs. Hamas as equivalent struggles, both complex enough to avoid taking a side.

Persons: —, Volodymyr Zelenskyy, Zelenskyy, Russia wasn't, didn't, Ukraine —, Vladimir Putin, Putin, Natalie Sabanadze, Pavan Kapoor Organizations: Service, BBC, Business, Ukraine, West, Chatham, ANC, Israel, Hamas Locations: Russia, Switzerland, China, Saudi Arabia, Brazil, India, South Africa, Ukraine, American, Moscow, Soviet, West, USSR, Soviet Union, Pakistan, Western, Israel, Indian

☆ Evercore ISI upgrades its S&P 500 outlook to the highest on Wall Street as it says the AI revolution is just getting started
▼ + stars: | 2024-06-17 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

The firm raised its year-end S&P 500 target to 6,000 and said the index could hit 7,000 by 2025. Evercore strategist and managing director Julian Emanuel increased his year-end S&P 500 price target to a new high on Wall Street at 6,000 in a note on Sunday. Emanuel forecasts S&P 500 EPS growth of 8% and 5% in 2024 and 2025, respectively. The S&P 500 trading at 6,000 would imply a 25x trailing 12-month price-to-earnings multiple based on Emanuel's EPS estimate of $238 per share. AdvertisementIf the high valuation multiples persist, the S&P 500 could rise 31% to 7,000 by the end of 2025.

Persons: —, Julian Emanuel, Emanuel, it's, Tom Lee Organizations: ISI, Service

☆ Insider Today: Meta's manager squeeze
▼ + stars: | 2024-06-16 | by ( Matt Turner | ) www.businessinsider.com time to read: +5 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Apple announced Apple Intelligence at WWDC 2024. CEO Tim Cook unveiled Apple Intelligence, a generative AI system partly powered by ChatGPT (for now). Assuming Apple Intelligence works as intended, there will be even more reason to switch to or stay with Apple. Add it all together, and, as Linette Lopez writes, Apple may be the one Big Tech company getting AI right.

Persons: —, there's, Jimmy Donaldson, Justin Sullivan, Apple, Tim Cook, Katie Notopoulos, OpenAI, Linette Lopez, Alyssa Powell, Fitch, it's, Abercrombie, Mark Zuckerberg, Michel Shvo Patrick McMullan, Chelsea Jia Feng, Michael Shvo, Shvo, he's, Grace J, Kim, Gen Zers, There's, isn't, Z Organizations: Service, Business, Apple, Apple Intelligence, Google, Microsoft, Big Tech, Getty, Abercrombie, Fitch, GameStop Locations: cologne, New York City

☆ Woman airlifted out of the Grand Canyon as dozens of hikers get sick from unnamed illness
▼ + stars: | 2024-06-15 | by ( Lauren Edmonds | ) www.businessinsider.com time to read: +3 min

Read previewDozens of tourists who hiked to a waterfall in the Grand Canyon have fallen ill, including one woman who had to be airlifted out of the national park. The Havasupai Tribal Council acknowledged the recent illnesses in a press release on Friday, describing it as "gastrointestinal symptoms." AdvertisementThe council said it held meetings with local health officials, who determined that the symptoms are affecting people across the northern Arizona region. AdvertisementA county spokesperson told the Associated Press that hikers should take precautions, including monitoring early signs of norovirus. Representatives for the Arizona Department of Health Services and Indian Health Services did not respond to Business Insider's request for comment.

Persons: —, Mary Blair, Blair, wasn't, There's, Maylin Griffiths, Griffiths, hasn't Organizations: Service, Fox, Business, CBS, Tribal Council, IHS, Associated Press, Arizona Department of Health Services, Indian Health Services Locations: Havasu Falls, Arizona, iacomino, Coconino County

☆ Biden says that the US will back Ukraine for a decade. It may prove a hollow promise.
▼ + stars: | 2024-06-14 | by ( Tom Porter | ) www.businessinsider.com time to read: +1 min

US President Joe Biden at the G7 pledged a decade of security support for Ukraine. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAt the G7 summit in Italy on Thursday, Ukraine's President Volodymyr Zelenskyy hailed a "historic" new 10-year security deal signed with US President Joe Biden. Under the deal, the US will work with Ukraine for the next decade to boost its military capabilities, its defense industrial base, its economy, and its energy infrastructure. The G7 also provided Ukraine with a much-needed $50 billion loan, which will be paid back using interest on frozen Russian assets.

Persons: Joe Biden, —, Volodymyr Zelenskyy Organizations: Ukraine, Service, Ukraine's, US, Business Locations: Ukraine, Russia, Italy

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