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☆ Liberal leaders say they have a plan for a new, more effective anti-Trump resistance in 2025
▼ + stars: | 2024-12-22 | by ( Gregory Krieg | Arit John | ) edition.cnn.com time to read: +14 min

The Democratic Party, post-2016, was arguably in a deeper funk and more contentious state of internecine battle. MoveOn, another older liberal activist group, and the Working Families Party have reported similarly estimable engagement stats. “Those kinds of fights, I think, will energize the Democratic Party and become the defining issues in the 2026 elections and beyond,” said Ben Wikler, the chair of the Wisconsin Democratic Party and a candidate to lead the national party. “We have been, for years, a party against Trump instead of a party for something,” Andrabi said. There should be less focus, these leaders said, on puncturing what has often been described by liberals as a personality campaign designed to sour Trump voters on Trump.

Persons: Donald Trump, Trump’s, ”, Skye Perryman, Trump, Perryman, Maurice Mitchell, Elon Musk, John Minchillo, There’s, balk, Ezra Levin, ” Levin, Robert Mueller, MoveOn, “, Curtis Hertel, they’re, Kamala Harris, Greg Casar, didn’t, ” Casar, Mark Wilson, Ben Wikler, Usamah, ” Andrabi, ” Molly Murphy, Harris, ” Murphy, “ That’s, ” Mitchell, we’re, ” Randi Weingarten, Donald Trump's, Olivier Touron, Bruna Sollod, –, ” Sollod, Ash Lazarus Orr, he’s, ” Orr, ” CNN’s Eva McKend Organizations: CNN, Trump, Republican, Democracy, White House, GOP, Working Families Party, Democratic Party, Working, Party, House, Democrats, Michigan Democratic Party, “, Congressional Progressive Caucus, Texas, Civil Rights Movement, Capitol, House Republicans, Affordable, Wisconsin Democratic Party, Justice Democrats, Democratic National Committee, Quinnipiac University, Families Party, “ Trump, Big Tech, Big Oil, American Federation of Teachers, Getty, United, Court, Trans Equality Locations: Washington, Washington , DC, Michigan, Mexico, China, Canada, “, Douglas , Arizona, AFP, Tennessee

After three years of tense reductions, the skies are clearing over Silicon Valley, and startup investors seem broadly optimistic about a resurgence in tech dealmaking. AdvertisementIn 2025, venture capitalists expect a loosening of antitrust regulations under the new presidential administration. Established funds raised the lion's share of funding dollars, while many newish and boutique funds struggled to raise. "Uncertainty breeds defense, optimism breeds offense," said Matt Murphy, a partner at Menlo Ventures and early Anthropic investor. AdvertisementFrom IPOs to robotaxis, these are the tech trends to watch in 2025, according to venture capitalists.

Persons: Andreessen Horowitz, Brian Garrett, Trump's, Ivan Nikkhoo, Matt Murphy Organizations: Insight Partners, Sapphire Ventures, Crosscut Ventures, White, Menlo Ventures Locations: Silicon Valley, robotaxis

☆ Drones continue to buzz over US bases. The military isn’t sure why and how to stop them.
▼ + stars: | 2024-12-21 | by ( Haley Britzky | ) edition.cnn.com time to read: +9 min

CNN —A series of drone sightings over military bases across the country has renewed concerns that the US doesn’t have clear government-wide policy for how to deal with unauthorized incursions that could potentially pose a national security threat. Rob Spalding, who previously served as the chief China strategist for the Joint Chiefs of Staff and senior director for strategic planning on the National Security Council. This photo provided by Brian Glenn shows what appears to be multiple drones flying over Bernardsville, New Jersey, on Thursday, December 5, 2024. The former senior military official said that over the years, a number of senior military commanders have testified before Congress about gaps in domain awareness in the US and limitations on the US’ ability to detect drones and more broadly defend the homeland. And while lawmakers generally seem receptive, and to understand the problem, that understanding hasn’t been reflected in policy, the official said.

Persons: Glen VanHerck, it’s, ”, Rob Spalding, John Kirby, Brian Glenn, —, VanHerck, Jack Reed, Roger Wicker, “ We’re, Spalding, ” VanHerck, hasn’t, ” Spalding Organizations: CNN, Langley, US Northern Command, NORAD, Ordnance, U.S . Fleet Forces, U.S . Navy, Reuters, Marine Corps, Wright, Patterson Air Force Base, Arsenal, Naval, Station, Vandenberg Space Force, Air Force, Joint Chiefs, Staff, National Security Council, National Security, Pentagon, DHS, Senate Armed Services Committee, White, DoD, Department of Homeland Security, Federal Bureau of Investigations, Federal Aviation Administration Locations: Eustis, Virginia, United States, Myrtle Beach , South Carolina, U.S, Pendleton, California, Patterson Air Force Base , Ohio, Arsenal , New Jersey, , New Jersey, China, New Jersey, Bernardsville , New Jersey, Sens, Washington, South, Taiwan, Russia, Europe

☆ Honda and Nissan consider mutual production of vehicles, Kyodo reports
▼ + stars: | 2024-12-21 | by ( ) www.cnbc.com time to read: +1 min

Honda and Nissan are considering producing vehicles in one another's factories as part of their plan to deepen ties and potentially merge, Japan's Kyodo news agency said on Saturday. Honda will consider supplying hybrid vehicles to Nissan as part of the plan, the report said, without citing the source of the information. A merger of Honda, Japan's second-largest car company, and Nissan, its third-largest, would create the world's third-largest auto group by vehicle sales, behind Toyota and Volkswagen, making 7.4 million vehicles a year. As announced, Honda, "Nissan and Mitsubishi Motors are in the process of bringing together our strengths and exploring potential forms of cooperation, but nothing has been decided yet," a Honda spokesperson said, when asked about the report. Kyodo said Honda could use Nissan's car factory in Britain, as it now only has factories for engines and motorcycles in Europe.

Persons: Japan's, Donald Trump's Organizations: Honda, Nissan, Kyodo, Toyota, Volkswagen, Mitsubishi Motors Locations: Britain, Europe

☆ From Nike to Intel, CEO departures at U.S. companies hit a record this year
▼ + stars: | 2024-12-20 | by ( Leslie Josephs | ) www.nbcnews.com time to read: +6 min

U.S. public companies announced 327 chief executive changes this year through November, according to outplacement firm Challenger, Gray & Christmas. Turnover included CEOs at U.S. companies that have long dominated their industries — like Boeing, Nike and Starbucks. CEO changes slowed during the pandemic, when companies were suddenly faced with lockdowns, remote work, supply chain difficulties and shortages, if not outright survival. BoeingThe aerospace giant announced former CEO Dave Calhoun’s departure in March, part of a broad executive shake-up. WW InternationalThe weight loss company formerly known as Weight Watchers announced in September that CEO Sima Sistani would step down immediately.

Persons: It’s, ”, Clarke Murphy, Russell Reynolds, Murphy, ” Murphy, Pat Gelsinger, Dave Calhoun’s, Calhoun, Dennis Muilenburg, Max, Kelly Ortberg, Rockwell Collins, Ortberg, Brian Niccol, Laxman Narasimhan, he’s, Scott Boatwright, John Donahoe, Elliott Hill, Donahue, Foot, Macy’s, Barry McCarthy, John Foley, Peter Stern, Stern, Tom Kingsbury, Ashley Buchanan, Michaels, Kohl’s, Sima Sistani, — CNBC’s Gabrielle Fonrouge, Amelia Lucas Organizations: U.S, Boeing, Nike, Starbucks, Russell, Russell Reynolds Associates, Consumer, Intel, Nvidia, Max, Alaska Airlines, Rockwell, Grill, Spotify, Netflix, Ford, Apple, International Locations: Florida

☆ These stocks that were big losers in 2024 could rebound early next year, Wolfe says
▼ + stars: | 2024-12-20 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +3 min

The worst of the stock market's laggards this year could rebound to start 2025, according to Wolfe Research. The names that saw the sharpest declines in 2024 could jump to start the year, according to Chris Senyek, chief investment strategist at Wolfe. Senyek found that the worst-performing stocks outperformed by roughly 2.5 percentage points on average from the last two weeks of December through January. His team turned up a list of sizable 2024 losers in the S & P 500 that could see a fleeting jump in the new year. "Intel experienced a horrendous 2024, with shares down 60% YTD and the worst performer in our coverage by far," wrote Cantor Fitzgerald analyst C.J.

Persons: Chris Senyek, Wolfe, Senyek, Robert Ohmes, Pat Gelsinger, Cantor Fitzgerald, C.J, Estee Lauder Organizations: Wolfe Research, Bank of America, Intel, Nvidia, Dow Jones, Enphase Energy Locations: underperform

☆ MacKenzie Scott donated $2 billion this year, mostly to nonprofits—she's now given away $19 billion since 2019
▼ + stars: | 2024-12-20 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +3 min

It's the season of giving, and billionaire philanthropist MacKenzie Scott just announced she's handed out more than $2 billion to 199 different organizations this year. That brings the total amount donated by Scott since 2019 to $19.2 billion, based on her past public announcements of her charitable giving. Forbes still estimates a $31.6 billion net worth for Scott, who became one of the world's wealthiest women following her 2019 divorce from Amazon founder Jeff Bezos. Much of this latest round of donations went to organizations focused on alleviating poverty, Scott wrote in a blog post on Wednesday. In 2019, not long after her divorce settlement, Scott signed The Giving Pledge and committed to giving away the majority of her wealth in her lifetime.

Persons: MacKenzie Scott, Forbes, Scott, Jeff Bezos, she's, Melinda Gates, Lukas Walton Organizations: Scott, Amazon, Forbes, Strategic Investment Fund, Builders Vision, CNBC

☆ The US Navy's overwhelming missile tube advantage over China is shrinking
▼ + stars: | 2024-12-20 | by ( Jake Epstein | ) www.businessinsider.com time to read: +4 min

The US Navy has long held a missile tube advantage over China. AdvertisementThe People's Liberation Army Navy now has over half the number of missile tubes, or VLS cells, for launching missiles that US Navy surface combatants have. A warship's VLS cells can carry a range of missiles, from air-defense interceptors to anti-ship missiles to land-attack weaponry. Related storiesNewer Chinese ships, like the capable Renhai-class destroyers with 112 VLS cells, are coming off the line at speed. AdvertisementWhile the number of missile tubes provides insight into a navy's warfighting capabilities, maritime combat is not entirely determined by a navy's VLS capacity.

Persons: IISS, Johannes Fischbach, Beijing's, Jonathan Organizations: US Navy, Liberation Army Navy, Department of Defense, Xinhua News Agency, Getty, PLAN, International Institute for Strategic Studies, IISS, Pentagon Locations: China, Beijing, America, Red, Yemen

☆ A ‘pro-America’ India could help New Delhi win over Trump
▼ + stars: | 2024-12-20 | by ( Sebastian Shukla | ) edition.cnn.com time to read: +7 min

Like other countries, India has been targeted by Trump, who called New Delhi a “very big abuser” of the bilateral trading relationship during a campaign event in September. “Having Trump breathing down BRICS’ neck saying, ‘don’t go down that road,’ gives India more space to maneuver,” Pant added. Transactional waysYet that is not likely to totally absolve India from the occasional turbulence associated with a Trump administration. A universal tariff of 10% threated by Trump would impact India, Kugelman said, in part because India enjoys a trade surplus with the US. In a 2017 speech, he called on India to assist the US with more economic help to Afghanistan.

Persons: Donald Trump, Trump, Narendra Modi, –, Harsh Pant, ‘ don’t, ” Pant, Pant, Subrahmanyam Jaishankar, “, Modi, Trump’s, Howdy Modi, Namaste Trump, Michael Kugelman, Wilson, Biden, Obama, ”, Vladimir Putin, Kugelman, “ It’s, …, Donald Trump’s Organizations: CNN, United, Trump, Indian, Observers, Observer Research Foundation, “, South Asian Institute, US, Trade, ”, Anadolu, Getty, Pakistan Locations: United States, India, China, Russia, New Delhi, Gujarat, – Russia, Brazil, “ India, ” New Delhi, ’, States, Washington, Texas, Ahmedabad, Annapolis , Maryland, Ukraine, Moscow, Chabahar, Iran, Anadolu, Chabahar Port, Tehran, Central Asia, Afghanistan, South Asia

☆ The digital laborforce promises unlimited productivity. But where will it work?
▼ + stars: | 2024-12-20 | by ( Sponsored Slack | ) www.businessinsider.com time to read: +7 min

Employee-facing agents will liberate teams from the "work of work" that saps productivity. Companies need a work operating system, a single command center that connects all your teams, data, workflows, apps and now agents. To take advantage of the next wave of agentic productivity, every organization is going to need a work operating system. Slack is a work operating system where humans work with agents as part of the team. Slack: the Work Operating System for the Agentforce EraEven before the arrival of agents, innovative companies like Ford, IBM, Target, Capital One, Accenture, and Rocket Companies have been using Slack as their work operating system.

Persons: Agentforce, Slack, chatbots, that's, we've, we're, Aaron Levie, Rob Seaman Organizations: McKinsey, Ford, IBM, Target, Accenture, Rocket Companies, Insider Locations: Slack

☆ Poland is selling its frozen butter reserves to curb soaring prices
▼ + stars: | 2024-12-18 | by ( Hanna Ziady | ) edition.cnn.com time to read: +3 min

London CNN —Poland is selling up to 1,000 metric tons (1,102 tons) of its frozen butter reserves to bring down surging prices ahead of presidential elections in May. The government’s strategic reserves agency announced the butter auction Tuesday, citing significant increases in butter prices worldwide that it blamed on a shortage of milk. And while retail butter prices are up around 20% compared with last year, wholesale prices have climbed 50%, signaling even higher prices for consumers ahead, he added. According to the European Commission, butter prices in the EU have jumped some 44% this year as dairy prices have surged around the world. Also in November, its broader Food Price Index, which tracks international prices of a range of food, reached its highest level since April 2023.

Persons: Rafał Trzaskowski, Donald Tusk, Jarosław Kaczyński, Rafał Benecki, That’s, Benecki Organizations: London CNN —, CNN, TVN24, Financial Times, Justice Party, ING Bank Śląski, European Union, European, EU, United Nations, Food, Agriculture Organization Locations: London CNN — Poland, Biedronka, China, Canada, Poland

☆ KFC ‘Saucy’: The newest store looks absolutely nothing like a KFC
▼ + stars: | 2024-12-18 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +4 min

New York CNN —KFC’s “finger lickin’ good” slogan usually refers to chicken, but it’s taking on different meaning at its newest location. The restaurant, which ditches the chain’s familiar red for pink, is centered around 11 new dips and chicken tenders — both favorites of Gen-Z eaters who crave adventurous flavors and boneless chicken. The launch of Saucy comes amid challenging times for the Yum Brands-owned chain, which has posted several consecutive quarters of declines for its US restaurants. A survey of restaurants menus from Technomic Ignite, a food consulting firm, shows that the availability of chicken tenders has grown more than 5% over the past five years. As a nod to KFC’s 11 spices and herbs in its fried chicken, Saucy is debuting with the same number of sauces served in flights of four.

Persons: Christophe Poirier, KFC’s, ” Poirer, Poirer, ” Hottovy, Saucy, David Henkes Organizations: New, New York CNN, Yum Brands, CNN, KFC, Taco Bell, Yum Locations: New York, Orlando, Taco, San Diego

☆ Japan's Honda and Nissan to reportedly begin merger talks
▼ + stars: | 2024-12-17 | by ( Michael Wayland | ) www.nbcnews.com time to read: +1 min

DETROIT — Japanese automakers Nissan Motor and Honda Motor reportedly plan to enter into negotiations for a merger to better compete in the rapidly changing global automotive industry, the Nikkei newspaper reported on Tuesday. Honda and Nissan are considering operating under a holding company, and soon will sign a memorandum of understanding, according to the report. They also look to eventually bring Mitsubishi Motors, in which Nissan is the top shareholder with a 24% stake, under the holding company. “As announced in March of this year, Honda and Nissan are exploring various possibilities for future collaboration, leveraging each other’s strengths. Such a tie-up would be the largest automotive industry merger since Fiat Chrysler joined with France-based PSA Groupe to form Stellantis in January 2021.

Persons: “, ” Honda, Tesla Organizations: DETROIT, Nissan Motor, Honda, Nikkei, Nissan, Mitsubishi Motors, Fiat Chrysler, Groupe Locations: France, U.S

☆ 2 men charged in connection with drone strike in Jordan that killed 3 U.S. troops
▼ + stars: | 2024-12-17 | by ( Marlene Lenthang | Marlene Lenthang Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +4 min

Two men have been charged in Boston federal court in connection with a fatal drone strike in Jordan that killed three U.S. service members and injured dozens earlier this year. Abedini was further charged with providing material support to a foreign terrorist organization — the Islamic Revolutionary Guard Corps (IRGC). The men allegedly conspired to evade U.S. sanctions and supply the Iranian government with a type of drone navigation technology used in the Jan. 28 drone attack at the Tower 22 base in Jordan, a U.S. military outpost, prosecutors said. The drone, launched by IRGC-backed militants, made impact near a shelter where some troops were sleeping and killed three U.S. service members. The two men allegedly conspired to procure goods and technology from Sadeghi’s place of work and exported them and supplied them to Iran to Abedini’s Iranian company SDRA.

Persons: Mahdi Mohammad Sadeghi, Mohammad Abedininajafabadi, Mohammad Abedini, Abedini, San’at, Sadeghi, SDRA, he'll, General Merrick Garland, Joshua S, Levy Organizations: Islamic Revolutionary Guard Corps, IRGC, SDRA, Prosecutors, Illumove SA, IRGC Aerospace Force, IRGC’s Aerospace Force, NBC News, Justice Department, United, District of Locations: Boston, Jordan, U.S, Natick , Massachusetts, Iran, Massachusetts, Iranian, Switzerland, Italy, United States, District of Massachusetts

☆ China wants to dominate in AI — and some of its models are already beating their U.S. rivals
▼ + stars: | 2024-12-17 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +5 min

China is focusing on large language models (LLMs) in the artificial intelligence space. On Hugging Face, a repository of LLMs, Chinese LLMs are the most downloaded, according to Tiezhen Wang, a machine learning engineer at the company. Qwen, a family of AI models created by Chinese e-commerce giant Alibaba , is the most popular on Hugging Face, he said. Facebook parent Meta, as well as European start-up Mistral, also have open-source versions of AI models. While the focus is on AI models right now, there is also debate over what applications will be built on top of them — and who will dominate this global internet landscape going forward.

Persons: It's, Tiezhen Wang, Wang, Qwen, DeepSeek, we've, Grace Isford, Mistral, Paul Triolo, Isford, Xin Sun Organizations: Istock, Getty, CNBC, U.S, OpenAI's o1, Lux Capital, Facebook, Group, Google, Apple, King's College London Locations: China, U.S, Washington, OpenAI, Beijing

☆ Stripe CFO joins the board of $3 billion AI startup Vercel
▼ + stars: | 2024-12-17 | by ( Alistair Barr | ) www.businessinsider.com time to read: +4 min

He used to be CFO at several other tech companies, including Palo Alto Networks and Confluent. Vercel, an AI startup valued at more than $3 billion, just bulked up its board with the addition of a finance executive who has experience taking tech companies public. AdvertisementStripe Chief Financial Officer Steffan Tomlinson will serve as a director on Vercel's board, the startup said on Tuesday. Vercel is earlier in its lifecycle, however the AI startup has been putting some of the early pieces in place to potentially go public someday. Vercel's AI SDK, a software toolkit that helps developers build AI applications, was downloaded more than 700,000 times last week, up from about 80,000 downloads a year ago, according to NPM data.

Persons: Vercel, Steffan Tomlinson, Tomlinson, Michael Lacorazza, Guillermo Rauch, Marten Abrahamsen, He's, Abrahamsen, Rauch, Collison Organizations: Palo Alto Networks, Aruba Networks, Bank, Vercel's, Business, Microsoft

☆ Dexcom's over-the-counter glucose monitor now offers users an AI summary of how sleep, meals and more impact sugar levels
▼ + stars: | 2024-12-17 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +3 min

Dexcom on Tuesday announced an artificial intelligence feature for its Stelo continuous glucose monitor that gives users a personalized look into how meals, sleep and activity impact their glucose levels. It's the first iteration of a new generative AI platform that the company has been building with Google Cloud . Dexcom is using Google's Gemini models and its Vertex AI platform as the foundation for its new AI offering. Eventually, Dexcom wants to use its generative AI platform to deliver real-time feedback to users instead of just weekly reports. Dexcom's updated weekly report began rolling out to Stelo users this week.

Persons: Dexcom, Jake Leach, Leach, Stelo, Chris Sakalosky, Dexcom's Organizations: Google, CNBC, U.S . Food, Drug Administration, FDA Locations: U.S

☆ Hex Trust CEO: We're at the beginning of the next phase of bitcoin and crypto adoption
▼ + stars: | 2024-12-17 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHex Trust CEO: We're at the beginning of the next phase of bitcoin and crypto adoptionAlessio Quaglini, Hex Trust CEO and co-founder, discusses the surge in bitcoin after U.S. President-elect Donald Trump's strategic reserve plans were confirmed.

Persons: We're, Alessio Quaglini, Donald Trump's Organizations: Hex Trust

Opinion The Editorial Board ThePresident’sArsenalIn the United States, only the president can decide whether to use nuclear weapons. On the campaign trail, Mr. Trump commented on the peril posed by the rest of the world’s growing nuclear arsenals. This article is part of the Opinion series At the Brink,about the threat of nuclear weapons in an unstable world. Now it will be the job of President Trump to pull the world back from the brink. Referring to Mr. Putin, Mr. Trump said in 2023, “He goes, ‘You know, we’re a great nuclear power.’ He says that publicly now.” Mr. Trump added, falsely: “He never said that when I was here.

Persons: Donald Trump, It’s, Trump’s, Trump, ” Mr, “, ”, Vladimir Putin of, isn’t, Yoon Suk, Volodymyr Zelensky, Barack Obama, Kim Jong, Masoud Pezeshkian, Putin, Mr, we’re, Xi Jinping, hasn’t, James Martin, Robert O’Brien, —, O’Brien’s, O’Brien, benignly, they’ve, Ronald Reagan’s, Christopher Miller, Edward Markey of, Ted Lieu, He’d, Dwight Eisenhower, Nikita Khrushchev, John F, Kennedy, swaggering, Ronald Reagan, Mikhail Gorbachev Organizations: . Air Force, Arsenal, White House, U.S . Air Force, Service, . Service, Vandenberg Space Force Base, Vandenberg Space Force, United, Biden administration’s, South, NATO, America, Soviet Union, Cuban Missile Crisis, International Physicians, Prevention, Hiroshima, Air Force, Nuclear Weapons, Nuclear Forces Treaty, Politico, Planet Labs PBC, James, James Martin Center, Nonproliferation Studies, Middlebury Institute of International Studies, Heritage Foundation, Vandenberg, Foreign Affairs, Russian, Air, can’t, Pentagon, U.S . Army Special Forces, Trump White House, Edward Markey of Massachusetts, Republican, Congress, Minuteman, ., Marshall, Nazis Locations: California, United States, America, China, Russia, Great, Vladimir Putin of Russia, Ukraine, India, Pakistan, Korea, Gaza, Israel, Iran, Japan, Germany, Poland, Hiroshima, Nagasaki, New York, North Korea, Nevada, Washington, States, U.S, Ted Lieu of California

☆ Trump picks China critic Glass as Japan envoy
▼ + stars: | 2024-12-17 | by ( ) www.cnbc.com time to read: 1 min

U.S. President-elect Donald Trump said on Monday he was picking George Glass, a former investment banker and diplomat notable for his criticisms of China, to serve as his ambassador to Japan. Ambassador to Portugal. As a former President of an Investment Bank, George will bring his business acumen to the Ambassador's position," Trump said in a post on Truth Social. During his 2017-2021 stint in Lisbon, Glass gained prominence for warning against Beijing's investments in strategic sectors in Portugal and its mishandling of the COVID-19 pandemic. His selection comes amid straining ties between Tokyo and Beijing over a raft of issues from trade to territorial disputes.

Persons: Donald Trump, George Glass, George, Trump, Glass Organizations: Investment Bank Locations: China, Japan, U.S, Portugal, Lisbon, Tokyo, Beijing

☆ New satellite images show the Russians packing up their stuff amid a flurry of activity at a key airbase in Syria
▼ + stars: | 2024-12-17 | by ( Jake Epstein | ) www.businessinsider.com time to read: +5 min

New satellite images show activity at Russia's Hmeimim Air Base in Syria. The images appear to show the movement of military equipment over the past few days. Newly captured satellite imagery seems to show the Russians moving military equipment out of a strategic airbase in Syria as its long-standing presence in the country remains in limbo. The heavy equipment is missing in this December 17 image. There is no mass gathering of heavy equipment visible on December 10.

Persons: Assad, BlackSky, Syria's, Bashar Assad, Sukhoi Su, MAXIME POPOV Organizations: Base, Business, Hmeimim Air Base, Russia, Moscow, European Union, Getty, Kremlin Locations: Syria, Russia, Russian, Hmeimim, Damascus, Tartus, Africa, Sukhoi, Ukraine, Moscow

The Storm Corps – the 11th Army Corps of the North Korean military – are “better trained, (have) better physique and (are) better motivated than your average North Korean soldier,” Chun said. KCNA/Reuters/File‘Fair game’Mental strength, however, may not be enough to overcome the worst challenges the North Korean soldiers could face. But some North Korean military units are well supplied, and “have regular food and logistical supply,” said 38 North’s Madden. “These North Korean units, their main mission is to disrupt,” said Chun, the former South Korean army officer. South Korean intelligence suggests North Korean soldiers in Russia could be receiving salaries of $2,000 a month.

Persons: —, –, Kim Jong, “ indoctrinated, Chun, ” Chun, Kim, Michael Madden, ”, ” Oleksandr, Kim Seong, Kang Ri, they’re, North’s Madden, “, Kim’s, ” Madden, Madden, Ng Han Guan, “ He’s, he’s, that’s, Ukraine’s, it’s Organizations: Hong Kong CNN, North Korean, Koreans, Storm Corps, South, US Navy Seals, Rangers, SAS, 11th Army Corps, Korean, Stimson, Korean Central News Agency, KCNA, US State Department, State Department, 225th, CNN, CIA, Factbook, North, United Nations, Washington -, Strategic, International Studies . Locations: Seoul, South Korea, Hong Kong, Russia, Ukraine, Moscow, Pyongyang, Ukrainian, Koreans, Russian, Russia’s, Kursk, North Korea, Washington, Vietnam, Korea, North Korean, Kaesong, Korean, North Koreans, South Korean, China, Fangchuan, China's Jilin province, North

☆ How Rokos stayed true to its big-bet roots and became the old-school manager every investor wants
▼ + stars: | 2024-12-17 | by ( Bradley Saacks | ) www.businessinsider.com time to read: +9 min

The $19 billion manager Rokos Capital is an outlier in the increasingly institutional hedge fund industry. Its billionaire namesake, who was a cofounder of Brevan Howard, runs the majority of the portfolio. Related storiesIn 2002, Howard, Rokos, and three other Credit Suisse traders left the now-defunct Swiss bank to launch Brevan Howard (the "R" in Brevan is for Rokos). AdvertisementEventually, Rokos and Howard settled their dispute, and Howard even backed Rokos' new manager, reports at the time said. Headquartered on the posh London strip known for its bespoke tailoring, Roko's firm has a "Savile Row style" of customization for its founder.

Persons: Brevan Howard, Chris Rokos, Donald Trump, Rokos, Stanley Druckenmiller, George Soros, Goldman Sachs, Alan Howard, Howard, Trump's, Brevan, Savile, He's, it's, Mark Edwards, Matthew Sebag, Montefiore, Oliver Wyman, Pria Bakhshi, Quita Ramirez, Dmitry Green, Lauren Fairbairn, he's, Cliff Asness, Louis Bacon, Michael Platt, David Tepper, Jeffrey Talpins, Said Haidar, Paul Tudor Jones, Henry VIII Organizations: Rokos, Bloomberg, Treasury, Trump, Rokos Capital Management, Pensions, Blackstone, Eton grad, UBS, Credit Suisse, Citadel, Getty, Goldman Locations: London, Rokos, Oxford, Swiss, Brevan, London's Mayfair, New York, Schonfeld, allocators

☆ Drones are buzzing around US military bases, even forcing one to close its airspace. They reflect a growing problem.
▼ + stars: | 2024-12-17 | by ( Jake Epstein | ) www.businessinsider.com time to read: +8 min

A US base briefly closed its airspace heading into the weekend due to heavy nearby drone activity. AdvertisementDrone sightings near US military basesWithin the past few weeks, there have been multiple confirmed drone sightings near two military installations in New Jersey, as well as reports of drones near US Coast Guard operations and critical infrastructure. AdvertisementUS Air Force F-16 Viper Demonstration Team members perform a show launch at Wright-Patterson Air Force Base in June 2024. US Air Force photo by Senior Airman Meghan HuttonWright-Patterson hosts the Air Force Research Laboratory, the 655th Intelligence, Surveillance, and Reconnaissance Wing, and the 445th Airlift Wing, as well as other units. These came amid a string of reported drone activity along the East Coast over the past month.

Persons: Wright, Department of Defense hasn't, Patterson, Meghan Hutton Wright, Bob Purtiman, We've, Mark Cancian, Yuki Iwamura, Cancian, Pat Ryder, Ryder Organizations: Business, Patterson Air Force Base, Defense Department, Coast Guard, Department of Defense, Wright, Air Force, Force, US Air Force, Air Force Research Laboratory, 655th Intelligence, Reconnaissance, 445th Airlift, Arsenal, Naval Weapons Station, Newsday, Getty, Staff, US Marine Corps, Center for Strategic, International Studies, AP, Pentagon, Joint Staff, Federal Bureau of Investigation, Department of Homeland Security Locations: Ohio, Ukraine, New Jersey, East Coast, , New York, Jersey, Germany, Virginia, Cancian, New York, Boston, extremis

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. In the S & P 500 and Nasdaq Composite , each stock is assigned a weighting based on its market valuation. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, Yun Li, Dow, it's, There's, Sellers, Elliott, Jefferies, didn't, Ingersoll Rand, – Ingersoll Rand, Mills, Jerome Powell, Jim Cramer's, Jim Organizations: CNBC, Dow Jones, Nasdaq, Microsoft, Apple, Depot, Broadcom, Jefferies, Honeywell, Elliott Management, Club, DuPont, United Technologies, GE, United, Fed, Jim Cramer's Charitable Locations: U.S, BlackRock

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