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☆ A German company is offering Ukraine the benefit — and burden — of being the first military to get its brand-new tank
▼ + stars: | 2023-03-09 | by ( Michael Peck | ) www.businessinsider.com time to read: +6 min

Prominent German defense firm Rheinmetall is offering Ukraine its new Panther Kf51 tank. Rheinmetall DefenceRheinmetall is reportedly negotiating with Ukraine to build a tank factory there, though it's not clear whether it would produce the Panther or the older Leopard 2 tank. The Kf51 Panther is a new tank with some old features. A German Leopard 2 tank in Munster in May 2019. Like the next-generation Abrams tank, the Panther's turret can be unmanned, with its crew operating the vehicle behind the thicker armor of the tank's hull.

☆ McCarthy refuses Zelenskyy's invitation to visit Kyiv, reiterating that he's against 'blank checks' for Ukraine
▼ + stars: | 2023-03-08 | by ( John Haltiwanger | ) www.businessinsider.com time to read: +4 min

McCarthy rejected an invitation from Zelenskyy to visit Kyiv. Zelenskyy invited McCarthy to show him how US aid is being put to use in the war against Russia. "I don't have to go to Ukraine or Kyiv to see it," McCarthy said. McCarthy also reiterated that he does not support providing Ukraine with "blank checks." "I will continue to get my briefings and others, but I don't have to go to Ukraine or Kyiv to see it.

☆ Jeff Bezos' Blue Origin sued over allegations the rocket company discriminates against older workers
▼ + stars: | 2023-03-08 | by ( Grace Kay | ) www.businessinsider.com time to read: +4 min

A spokesperson for Blue Origin did not respond to a request for comment. It's not the first time that Blue Origin has faced criticism from a former employee. In 2021, Alexandra Abrams, the former head of Blue Origin employee communications, published an open letter alongside a group describing itself as 21 former and current Blue Origin employees. At the time, a Blue Origin representative told Insider the company doesn't tolerate harassment and would investigate the claims. Do you work for Blue Origin or have insight to share?

The hundreds of pages of new documents include previously unreleased excerpts from key depositions, including Fox Corporation chairman Rupert Murdoch, and are part of Dominion’s defamation lawsuit against Fox News. The transcript was part of a trove of text messages, emails, and other material from Fox News executives and on-air personalities that were made public Tuesday as part of Dominion’s $1.6 billion defamation lawsuit against the right-wing channel. “Do you believe that Dominion was engaged in a massive and coordinated effort to steal the 2020 presidential election?” Murdoch was asked by Dominion lawyers. The hundreds of pages of new documents that came out Tuesday include previously unreleased excerpts from key depositions, including Murdoch, and are part of Dominion’s defamation lawsuit against Fox News. Fox News has not only vigorously denied the claims, it has insisted it is “proud” of its 2020 election coverage.

☆ 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.

☆ Exclusive: Ukraine seeks US cluster bombs to adapt for drone use, lawmakers say
▼ + stars: | 2023-03-06 | by ( Jonathan Landay | ) www.reuters.com time to read: +6 min

They said Ukrainian officials urged U.S. lawmakers at last month's Munich Security Conference to press for White House approval. Ukraine hopes cluster munitions will give it an edge in the grinding fight against Russian forces in eastern Ukraine. But cluster munitions could be a step too far for the administration and some in Congress. A 2008 pact prohibiting the production, use and stockpiling of cluster munitions has been adopted by 123 countries, including most of NATO's 28 members. "And cluster munitions really are pretty lethal to mass formations as well as armor.

☆ How to invest in the ChatGPT-driven AI boom: Credit Suisse shares 6 stocks they're labeling as "top picks" as their exposure to AI development opens them up to new revenue streams
▼ + stars: | 2023-03-05 | by ( William Edwards | ) www.businessinsider.com time to read: +5 min

Badri's price 12-month price target for shares of Microsoft is $285. The analysts said that growing AI use cases will help Taiwan Semiconductor Manufacturing Company and their high performance computing business, which has already doubled since 2016. Credit Suisse's 12-month price target for the stock is $330, which is upside of 16%. Chou has a price target of NT$1,100 for the stock, meaning 13.5% upside. Both Taiwan Semiconductor Manufacturing Company and Baidu are traded on US exchanges, while Accton and Wiwynn are traded in Taiwan.

☆ The war in Ukraine has shown the value of tanks, but militaries are now looking to stock up on slimmed-down versions of them
▼ + stars: | 2023-03-05 | by ( Benjamin Brimelow | ) www.businessinsider.com time to read: +7 min

Even before the war, some militaries were developing "light tanks" to complement heavier main battle tanks. Light tanks are seen as filling a capability gap between main battle tanks and other armored vehicles. Though not as powerful or as heavily armored as main battle tanks, light tanks are increasingly seen as filling a capability gap between full-fledged tanks and infantry fighting vehicles. Light tanksA US Army M24 Chaffee light tank on a street near Bologna, Italy in April 1945. NOEL CELIS/AFP via Getty ImagesThat capability gap stirred interest in light tanks, and over the past decade, three major militaries have adopted new designs.

Scholz set off on the one-day trip, which unusually will not include a press delegation, late on Thursday. His visit comes days after Biden's security adviser, Jake Sullivan, said that Biden only sent Abrams tanks to Ukraine because Scholz made it a pre-condition for sending German Leopards. Berlin has insisted that Biden came to see it was necessary and so the decision was consensual. "The Biden administration will use the Scholz visit to try to shift Germany’s balance in the direction of stronger pushback." Scholz and Biden would discuss ongoing support for Ukraine, the upcoming NATO summit, and cooperation on the challenges posed by China and cooperation in the Indo-Pacific, U.S. officials said.

☆ Russia has just one tank factory churning out 20 tanks a month, with demand outstripping production by a factor of ten, says report
▼ + stars: | 2023-02-28 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +3 min

Russia has just one tank factory, which can produce around 20 new tanks every month. Demand for tanks is now outstripping production by a factor of ten, according to The Economist. The British publication reported that Russia now has just one tank factory, UralVagonZavod, a massive 1930s-built industrial complex in eastern Russia. Russia is losing around 150 tanks a month in Ukraine, according to an analysis by open source intelligence platform Oryx. Ukraine has also struggled to produce new tanks, with its only tank factory destroyed at the start of the war.

☆ Rupert Murdoch acknowledged that Fox News hosts endorsed false stolen election claims
▼ + stars: | 2023-02-27 | by ( Oliver Darcy | ) edition.cnn.com time to read: +5 min

New York CNN —Rupert Murdoch, the chairman of Fox Corporation, acknowledged in a deposition taken by Dominion Voting Systems that some Fox News hosts endorsed false claims that the 2020 election was stolen. Murdoch’s remarks were made public in a legal filing as part of Dominion’s $1.6 billion lawsuit against Fox News. In his deposition, Murdoch rejected that the right-wing talk network as an entity endorsed former President Donald Trump’s election lies. “Some of our commentators were endorsing it,,” Murdoch said, according to the filing, when asked about the talk hosts’ on-air positions about the election. Top legal experts told CNN after last week’s filing that Dominion’s legal position appeared strong.

☆ Grapefruit League roundup: Pete Alonso hits first HR for Mets
▼ + stars: | 2023-02-26 | by ( ) www.reuters.com time to read: +2 min

Daniel Vogelbach had two hits with an RBI and Abraham Almonte went 2-for-2 with two RBIs for the Mets. Justin Dirden went 2-for-2 with a homer and a key single in the seventh-inning uprising. Bobby Dalbec also went 2-for-2 with a homer and two RBIs and two runs for Boston. CJ Abrams went 2-for-3 with a run scored and Erick Mejia singled in the go-ahead run in the ninth inning for the Nationals. Phillies 7, Yankees 4Weston Wilson went 2-for-2 with four RBIs to help host Philadelphia defeat New York in Clearwater.

☆ Abrams Tanks May Never Reach Ukraine
▼ + stars: | 2023-02-24 | by ( The Editorial Board | ) www.wsj.com time to read: 1 min

Friday marks the first anniversary of Vladimir Putin’s Ukraine invasion, and one lesson of the past year is that Western weapons can be crucial on the battlefield at manageable risk and cost to the U.S. But the Biden Administration still lacks the speed befitting the stakes, and missing-in-action Abrams tanks are the latest example. The Administration said on Jan. 25 that the U.S. would furnish 31 Abrams tanks, the size of a Ukrainian tank battalion. Advanced Western equipment would help the Ukrainians narrow Russia’s tank advantage. Part of the U.S. calculus was to push Germany into providing its own Leopard tanks, which Berlin finally did after weeks of dithering.

☆ How to work with a jerk when you're the one managing the team
▼ + stars: | 2023-02-24 | by ( Rebecca Knight | ) www.businessinsider.com time to read: +7 min

It's affecting other members of the team, and I fear it will affect the way my team perceives me if I allow his behavior to continue. I feel not only for you having to manage John but also for your team members who are forced to deal with a combustible colleague. Your job as a manager is to make the work environment a safe, comfortable place where people can do their best work. You don't need to get into specifics, but acknowledging the situation and setting out protocols for effective team interaction will reassure people that standards are being set. It's also a good idea to check in with your team members one-on-one and ask for their patience and understanding.

☆ After a year of death and destruction, Ukraine braces itself for a major escalation in the war
▼ + stars: | 2023-02-24 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +9 min

Emergency service workers extinguish a fire after shelling on the Bakhmut frontline in Ivanivske, Ukraine as Russia-Ukraine war continues on January 02, 2023. Anadolu Agency | Anadolu Agency | Getty ImagesWhen Russia invaded Ukraine a year ago, it shocked the world. Russia and Ukraine have only published data sporadically on their own casualty rates in the war — so we have to rely on estimates. One former NATO official told CNBC that, sooner or later, Ukraine would need to be given combat aircraft. Kenzo Tribouillard | Afp | Getty ImagesAsked whether he believed Ukraine could prevail and win the war before the end of 2023, Shea said two things need to happen: Western weapons need to arrive quickly and Ukraine must be given aircraft.

☆ ‘It’s a major blow’: Dominion has uncovered ‘smoking gun’ evidence in case against Fox News, legal experts say
▼ + stars: | 2023-02-23 | by ( Oliver Darcy | ) edition.cnn.com time to read: +4 min

While the legal experts cautioned that they would like to see Fox News’ formal legal response to the filing, they all indicated in no uncertain terms that the evidence compiled in Dominion’s legal filing represents a serious threat to the channel. On one occasion, Carlson demanded that Fox News White House correspondent Jacqui Heinrich be fired after she fact-checked a Trump tweet pushing election fraud claims. Tushnet said that in all of her years practicing and teaching law, she had never seen such damning evidence collected in the pre-trial phase of a defamation suit. “Donald Trump seems to be very good at generating unprecedented situations.”David Korzenik, an attorney who teaches First Amendment law and represents a number of media organizations, said that the filing showed Dominion’s case against Fox News has serious teeth. “Their motion for summary judgment takes an extreme and unsupported view of defamation law and rests on an accounting of the facts that has no basis in the record.”But the attorneys said Dominion’s filing showed it had built a powerful case against Fox.

☆ Ukrainian forces are training on fast and well-armed Leopard tanks in Spain, prime minister says
▼ + stars: | 2023-02-23 | by ( Chris Panella | ) www.businessinsider.com time to read: +4 min

Ukrainian forces are training on Leopard tanks in Spain, according to the Spanish Prime Minister. Leopard tanks are notable for their firepower, armor, and speed on various terrains. Sanchez revealed that the arrival of Leopard tanks in Ukraine would correspond with the return of trained soldiers. Spain is one of several countries to pledge to send tanks to Ukraine. The British are presently training Ukrainian forces on Challenger tanks in southwestern England, and last month, US Army Gen. Mark Milley, the chairman of the Joint Chiefs of Staff, announced that the US military was training Ukrainian troops in Germany, the Associated Press reported.

☆ Biden promises more defense aid to Ukraine as Zelenskyy touts 'tank coalition'
▼ + stars: | 2023-02-21 | by ( Brad Howard | Amanda Macias | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBiden promises more defense aid to Ukraine as Zelenskyy touts 'tank coalition'President Joe Biden announced half billion dollars in military aid to Ukraine during a trip to Kyiv, while Ukrainian President Voldoymyr Zelenskyy called the decision to send Abrams main battle tanks 'the foundation for establishing a tank coalition'. After weeks of political maneuvering, the U.S., Germany and the U.K. have all pledged to send modern tanks to Ukraine, which includes the Abrams, the Leopard 2, and the Challenger 2.

☆ ‘Unscripted’ Review: Sex, Lies and Viacom
▼ + stars: | 2023-02-14 | by ( Edward Kosner | ) www.wsj.com time to read: +1 min

Sumner Redstone, who died in 2020 at the age of 97, was one of the killer whales thriving in the swirling currents of the modern media. A hulking old man with dyed red hair and a maimed right hand, he was a mega-billionaire with a ravenous appetite for power, riches—and sex. At his peak at the turn of the century, he controlled Viacom; Paramount Pictures; the National Amusements movie-theater chain; the CBS network, MTV, Comedy Central and Nickelodeon; and the Simon & Schuster publishing house. Then the end came in a crescendo of recrimination, litigation and family turmoil. Imagine a mash-up of “King Lear” and “Weekend at Bernie’s,” the 1989 movie comedy about two scamps who prop up a cadaver so they can enjoy a weekend at his beach house, with Redstone starring in both title roles.

☆ Senior Biden official says the US can't keep doing 'anything and everything' for Ukraine in the war: The Washington Post
▼ + stars: | 2023-02-14 | by ( Cheryl Teh | ) www.businessinsider.com time to read: +4 min

A senior official told The Washington Post that US aid for Ukraine may not go on indefinitely. The official said Biden's staff has told Ukraine the US "can't do anything and everything forever." Other officials told The Post aid to Ukraine might be harder to pass with a GOP-controlled House. The senior official told The Post the Biden administration has a "very strong view" that continually approving large aid packages for Ukraine will be difficult with a Republican-led House. But the senior official told The Post that Biden's undertaking did not "pertain to the amount of assistance" that the US might give Ukraine in the future.

☆ Russia's tanks may face 'disadvantageous conditions' in a battle with US-made Abrams tanks, Russian expert says
▼ + stars: | 2023-02-14 | by ( Michael Peck | ) www.businessinsider.com time to read: +5 min

Abramses are better than Russian tanks, and Russia isn't making enough anti-tank weapons to beat them, a top Russian defense expert says. "Now Russian tanks use old Soviet shells in their ammunition," Pukhov said, according to a translation of the article. US Abrams tanks and a German Leopard at a training ground in Poland in September 2022. Artur Widak/NurPhoto via Getty ImagesNonetheless, even without Western tanks, Ukraine has managed to shred Russian armor. Perhaps Russia should focus less on the technical characteristics of American tanks and more on how to use Russian tanks better.

☆ Ukraine, U.S. defence heads talk "priorities" for allies' meeting
▼ + stars: | 2023-02-12 | by ( ) www.reuters.com time to read: +1 min

Feb 12 (Reuters) - U.S. Defense Secretary Lloyd Austin and Ukrainian Defence Minister Oleksii Reznikov discussed "priorities", including air defence and artillery, for upcoming meetings of Kyiv's allies in Brussels, both sides said late on Saturday. The Ukraine Defense Contact Group will meet on Tuesday at the NATO headquarters, following upon a Jan. 20 conference at the Ramstein Air Base in Germany that was key for the decisions to send tanks. Austin and Reznikov discussed the importance of delivering promised capabilities as quickly as possible, the Pentagon's chief spokesperson, Brigadier General Patrick Ryder, said in a statement. After the call, Reznikov tweeted that "the United States is unwavering in its support of Ukraine," adding that the two also discussed the situation on the front line. Reporting by Lidia Kelly in Melbourne; Editing by William MallardOur Standards: The Thomson Reuters Trust Principles.

☆ Fact Check-Video does not show Joe Biden making transphobic remarks
▼ + stars: | 2023-02-10 | by ( Reuters Fact Check | ) www.reuters.com time to read: +4 min

A clip that seemingly shows U.S. President Joe Biden making transphobic remarks has been shared on social media as if authentic. There is no evidence that Biden ever made these remarks. Footage of this speech (bit.ly/3XbOjH5) shows Biden wearing similar clothes and the same flags behind him as in the manipulated video. Neither this clip nor the official transcript of this speech (here) include any of the remarks made in the video being shared online. There is no evidence that U.S. President Joe Biden made a series of transphobic remarks.

☆ Meet the family of billionaire Nelson Peltz: From Brooklyn Peltz Beckham's wife to a former pro-hockey player, here's everything we know about his 10 kids
▼ + stars: | 2023-02-09 | by ( Jordan Hart | Britney Nguyen | Aaron Mok | ) www.businessinsider.com time to read: +2 min

Nelson PeltzNelson Peltz's eight children have gone on to star in films, pursue careers in business, and play ice hockey. Heidi Gutman/CNBC via Getty ImagesBefore 80-year-old Nelson Peltz amassed his $1.4 billion net worth or family of 10 children, he was a college dropout working for his family business. Peltz is now married to the former model Claudia Heffner Peltz, who has mostly kept out of the limelight during marriage. Recently, Peltz made headlines for suing the planners of his daughter Nicola's 2022 wedding to Brooklyn Beckham, Insider's Claire Atkinson reported. Insider did not receive responses to requests for comment from Nelson Peltz's company, Trian Fund Management, Brad Peltz, and a representative for Will Peltz and Nicola Peltz Beckham.

☆ Russia has lost at least 1,500 tanks since the start of the Ukraine war, more than half of its invasion force: report
▼ + stars: | 2023-02-09 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +3 min

More than 1,500 Russian tanks have been lost since it invaded Ukraine, a monitoring group found. That's over half of the operational tanks Russia likely started its invasion with, the group said. It also said that it was able to confirm 79 additional Russian tanks as damaged, and 65 that it could confirm as abandoned. Reports of Russian tanks destroyed and Ukrainian troops seizing tanks from Russian forces have been widespread since the invasion began. Germany is sending Ukraine its Leopard 2 tanks, with other European countries also planning to send tanks to Ukraine.

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