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☆ Moves in insurane tech are excessive, says Jim Cramer
▼ + stars: | 2024-11-25 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

Moves in insurane tech are excessive, says Jim Cramer'Mad Money' host Jim Cramer looks at stocks that had big November run ups and what was behind the moves.

Persons: Jim Cramer

☆ Chinese EV makers are not doing quite as well as you might think
▼ + stars: | 2024-11-24 | by ( Tom Carter | ) www.businessinsider.com time to read: +4 min

Nio reported a widening net loss in its latest earnings, as the CEO of Xpeng warns many EV firms face a fight to survive. Xpeng delivered 24,000 vehicles last month, and Xiaomi sold over 100,000 of its SU7 EV this year alone. AdvertisementHowever, the booming sales come as many Chinese EV makers continue to report heavy losses, as they grapple with a brutal price war and intense pressure to quickly launch new affordable models amid a crowded field of battery-electric vehicles. The company reported a net loss of 5.06 billion yuan ($700 million), up 11% from the third quarter of 2023. Both companies narrowed their net losses year-over-year, but they remained sizable at 1.81 billion yuan ($250 million) for Xpeng and 1.14 billion yuan ($157 million) for Zeekr, respectively.

Persons: Nio, Xpeng, Tesla, they're, Xiaomi, William Li, Zeekr, Xpeng's, Jim Farley, Xiaopeng, BYD, outstripping Elon, JADE GAO, David Bailey Organizations: EV, Elon, Publishing, Getty, Zeekr, Ford, Singaporean, The Straits Times, outstripping Elon Musk's, University of Birmingham Locations: China

☆ A 95-year-old who plays golf and volunteers shares her tips for health and happiness
▼ + stars: | 2024-11-23 | by ( Serafina Kenny | ) www.businessinsider.com time to read: +3 min

Sally Froelich has been talking about aging for a long time. Froelich presented "The Sally Froelich Show" on television for 21 years. Do some exercise every dayFroelich started playing golf when she was 24 and now plays three times a week. Experts agree that exercising regularly is one of the best things you can do for healthy aging, especially strength training. She plays canasta and bridge, talks with friends on the phone, and volunteers.

Persons: Sally Froelich, Froelich, there's, Rose Anne Kenny, she's, Sally Froelich Nathan K, LeBrasseur, Robert, Arlene Kogod Organizations: New Yorker, Trinity College Dublin, Albert Einstein College of Medicine, Aging, Mayo Clinic, American Cancer Society, Hope, Neuroscience Locations: New, New York City

☆ Insider Today: Vacation-rental red flags
▼ + stars: | 2024-11-23 | by ( Joi-Marie Mckenzie | ) www.businessinsider.com time to read: +7 min

AdvertisementThis post originally appeared in the Insider Today newsletter. BI's movie reviewer said that "Wicked," starring Ariana Grande and Cynthia Erivo, is worth the two hours and 41 minutes. This week's dispatchGMVozd/ Getty ImagesHow to win ThanksgivingNo matter how you try to slice it, hosting Thanksgiving dinner is a task. Vacation-rental red flagsMartin Puddy/Getty ImagesAs a full-time traveler, it's fair to say Tammy Barr knows what she's doing when it comes to finding a good vacation rental. AdvertisementMore of this week's top reads:The Insider Today team: Dan DeFrancesco, deputy editor and anchor, in New York City.

Persons: Ariana Grande, Cynthia Erivo, It'll, she's, Ozempic Michael M, Chelsea Jia Feng, Robert F, Kennedy Jr, Big, Martin Puddy, Tammy Barr, Barr, Harold Cunningham, Rebecca Zisser, Philippe, Reid, Craig Karger, Olga Rolenko, Willink, it's, Chad Michael Murray, Jamie, Claire Fraser, Dan DeFrancesco, Grace Lett, Lisa Ryan, Amanda Yen Organizations: Business, US Naval Academy, Costco, RFK, Getty, Department of Health, Human Services, Big Pharma, nab, BI, Retired Navy, Hulu, Starz Locations: New York City, New York

☆ I chose not to have kids. I need to make a bigger effort to stay friends with those who did.
▼ + stars: | 2024-11-23 | by ( April Zimmerman | ) www.businessinsider.com time to read: +4 min

Sometimes, I wonder if I'd fit better in society if I had just chosen to have kids. I didn't always know I didn't want kidsI didn't always know that I didn't want kids. Then, a month before a wedding that never happened, during a final argument with my ex, he blurted out, "You don't even like kids!" Whenever I tell people my partner and I don't want kids, I often hear, "You might change your mind." With my mom friends, I'm grateful for the mutual support and happiness we share, knowing we're each living the life we've chosen.

Persons: Christa, we'd, I'd, it's, meltdowns, —, She's, We're, she's, I'm Locations: Annapolis, London

☆ The cult of the ‘Spoons’: Inside the spartan, cavernous pubs that divide Britain
▼ + stars: | 2024-11-23 | by ( Will Noble | ) edition.cnn.com time to read: +15 min

Wetherspoon pubs are an institution in the UK. More than 800 Wetherspoon chain pubs freckle the country — from The Muckle Cross in Scotland to The Tremenheere in Cornwall. The Moon Under WaterA Wetherspoon pub (now closed) featuring the face of chain founder Tim Martin on its sign. Recalling a well-meaning yet beleaguered teacher from his childhood, Martin renamed the pub “Wetherspoon.” (The “J D” was a nod to J.D. “The thing about Wetherspoons pubs which differentiates them from many is that they have a very wide cross-section of customers.

Persons: London CNN — Utter, ”, George Orwell, ” Orwell, Orwell, Francophile foodies, Oxford marmalade, Biscuits, boozer, cobbling, Tim Martin, Alex Davidson, Wetherspoons don’t, Alexander Graham Bell, Sir John Borlase Warren, Tim Martin’s, Martin —, New Zealand —, “, serendipitously, Martin, Boss ” Hogg, “ The Dukes, Hazzard, George Orwell’s, ” Martin, Mortimer, ‘ ahh, I’ve, George Orwell ’, Stout, Waters, Gareth Fuller, questing, Angus, you’re, Maureen McLean, “ Mate, Wetherspoons ”, ‘, ’ ”, Thomas Frost, Orwell’s, drunks, ” Tim Martin, benedict, tipple —, Ale, Whatever’s, it’s, Boris Johnson, Henry Nicholls, Nigel Farage Organizations: CNN, London CNN, “, Oxford, Stroud, Crosse, Royal Victoria, rowdies, London's, Airport, PAL, YouTube, European Union, Getty Locations: London, Britain, Scotland, Cornwall, “, Yorkshire, England, Swansea, Edinburgh, Nottingham, Muswell Hill, North London, Norwich, New Zealand, Stroud Green, Watford, Ramsgate, City of London, Kent, Scottish, ”, Wetherspoons, Liverpool, Gatwick, South London, AFP, British, Clacton, Poland, Ireland, America

☆ 'Wicked' tallies $19 million in previews, as 'Gladiator II' team-up heads for $200 million opening weekend
▼ + stars: | 2024-11-22 | by ( Sarah Whitten | Whitten Is A Social Media Writer For Cnbc. | ) www.nbcnews.com time to read: +5 min

The box office this weekend will be painted pink and green, with a splash of red. Universal’s “Wicked” and Paramount’s “Gladiator II” arrive ahead of the Thanksgiving holiday and are expected to tally more than $200 million in combined ticket sales this weekend. Whatever it hauls in for the weekend, “Wicked” should debut as the highest-opening Broadway adaptation in cinematic history. Meanwhile, “Gladiator II” tallied $6.5 million from Thursday previews and is expected to add between $60 million and $80 million to the domestic weekend tally. Cinemark has a “Gladiator II” popcorn bucket shaped like the Colosseum and a gladiator helmet that fits over its drink cups to hold popcorn.

Persons: Paramount’s, ”, Shawn Robbins, “, Paul Dergarabedian, “ It’s, ” Robbins, Greg Marcus, Marcus Theatres, Marcus, ” Marcus, NBCUniversal Organizations: Fandango, Amazon, Hollywood, Rotten, Comscore, Marcus Corporation, Marcus Hotels, Resorts, Comcast, CNBC Locations: U.S, Canada, ”, Comscore, NBCUniversal

☆ A bodybuilder says this 5-minute weighted warm-up sets him up for for better gains in the gym
▼ + stars: | 2024-11-22 | by ( ) www.businessinsider.com time to read: +4 min

AdvertisementA bodybuilder said he stopped skipping warm-ups, and it's led to better results in the gym. Adding weights to a warm-up can lead to better performance, research suggests. A bodybuilder said a four-part warm-up with some weightlifting helps him get the most out of his workouts to build muscle and strength. AdvertisementAdams said taking even a few minutes to warm-up and working in a few sets of moderate weight can translate to better movement. Activate — priming the right muscle groups, often with bodyweight exercise.

Persons: it's, Andre Adams, Adams, I've, you'll, Igor Nasser Organizations: National Academy of Sports Medicine, International Federation of Bodybuilding pro, Business, Federal University of Rio Locations: Federal University of Rio de Janeiro

☆ Spain slaps $187 million fine on Ryanair, EasyJet and others for 'abusive' cabin luggage fees
▼ + stars: | 2024-11-22 | by ( Ruxandra Iordache | ) www.cnbc.com time to read: +4 min

Spain's Ministry of Consumer Rights on Friday slapped a $179 million euro ($186 million) fine on five low-budget airlines for "abusive practices" including charging additional cabin luggage fees. Spanish low-cost airline Vueling was ordered to pay 39.2 million euros and EasyJet was fined 29 million euros. Scandinavia's second-largest airline Norwegian and Spanish airline Volotea each received penalties in excess of 1 million euros. The five airlines should discontinue their practice of requiring additional payment for cabin luggage and reserving a seat near a dependent traveler, the ministry said. "We completely disagree with the decision of the Spanish Consumer Ministry and find the proposed sanctions outrageous," an EasyJet statement said, stressing it considers its cabin luggage policy to be aligned with all applicable laws.

Persons: Vueling, EasyJet, Javier Gandara, Michael O'Leary Organizations: Ministry of Consumer Rights, Ryanair, Spanish, Spain's Association of Airlines, CNBC, Ministry of Consumer, ALA, Spain's Consumer Affairs Ministry, Governments, Spanish Consumer Ministry, Boeing, International Air Transport Association Locations: Spain, Europe

☆ I spent a week in a hospital in Ecuador when my lung collapsed. It confirmed that moving here was the right decision.
▼ + stars: | 2024-11-22 | by ( Sinead Mulhern | ) www.businessinsider.com time to read: +6 min

Earlier this year, she spent a week in the hospital due to a collapsed lung, a severe complication of pneumonia. The support she received from the hospital staff and her friends confirmed that moving there was the right decision. "We have to go to the hospital right now," my doctor told me after confirming that my right lung had collapsed. I felt scared and focused on my friend as the surgeon told me to hold my right arm above my head and stay still. People I didn't know well would call to check in, and friends of friends would send well wishes.

Persons: Sinead Mulhern, I'd, Ecuador —, hadn't, I'm, Sanja, We've, Jonathan, KFF Organizations: Monopoly Locations: Ecuador, Cuenca —, Quito, South America, Ecuadorian, Canada, Australia, South Africa, England, Venezuela

☆ Amazon Invests $4 Billion in Anthropic, Deepening Its A.I. Ties
▼ + stars: | 2024-11-22 | by ( Adam Satariano | More About Adam Satariano | ) www.nytimes.com time to read: +1 min

While Anthropic and OpenAI continue to raise significant sums, some smaller companies have essentially been folded into Google and Microsoft. U.S. regulators are also scrutinizing the multibillion-dollar investments that Microsoft, Amazon and Google are putting into A.I. But the deals are seen as allowing the big companies to form deep ties with their smaller rivals while avoiding most government scrutiny. Like OpenAI, Anthropic is a developer of so-called generative A.I., the technology capable of learning from vast amounts of data to create humanlike text and images. Anthropic has tried to position itself as one of the more responsible actors in the field of A.I.

Persons: OpenAI, Anthropic’s Claude, Anthropic Organizations: Google, Microsoft, The New York Times, The Times Locations: U.S

“Far too often, patients relying on federal government health care programs are forced to accept bureaucratic, one-size-fits-all coverage,” Crapo said. But Trump’s lack of specificity about health care could empower Oz to fill in the blanks. Oz said on an AARP questionnaire: “We can expand Medicare Advantage plans. If Oz is confirmed and chooses to push more people into Medicare Advantage, as he has pitched, he may not have too hard a time. “In our focus groups, people say they’re satisfied with both traditional Medicare and Medicare Advantage, and they make their choices based on different preferences,” Neuman said.

Persons: WASHINGTON, Donald Trump, Mehmet Oz, Mike Crapo, ” Crapo, “ Dr, Oz, George Halvorson, “, Kamala Harris ’, ”, Larry Levitt, Harris, ” Levitt, Trump, Sen, James Lankford, hasn’t, ” Lankford, Obama, Obamacare, Patty Murray, “ Trump, Ron Wyden, Tricia Neuman, Neuman, ” Neuman, Arthur Caplan, ” Caplan, ” Wyden, they’re, Lankford, ” Sen, Mike Rounds, there’s, We’ll, pare, “ It’s, Caplan, ” Oz, John Fetterman, he’s, “ We’re, ” Fetterman, I’m Organizations: Medicare, Services, Forbes, Kaiser Permanente, Agency, Senate, Health, Education, Labor, Pensions, NYU Langone Medical, Commonwealth Fund, “ Locations: Idaho, KFF, New York City, Pennsylvania

☆ Dodgers’ Shohei Ohtani and Yankees’ Aaron Judge crowned MLB’s Most Valuable Players
▼ + stars: | 2024-11-21 | by ( Homero De La Fuente | ) edition.cnn.com time to read: +4 min

CNN —Los Angeles Dodgers’ Shohei Ohtani and New York Yankees’ Aaron Judge have been named Major League Baseball’s Most Valuable Players in unanimous fashion by the Baseball Writers’ Association of America on Thursday. Ohtani’s season at the plate also earned him other awards, including a third career Silver Slugger, the 2024 Hank Aaron award, and the 2024 Edgar Martinez Outstanding Designated Hitter of the Year. Notably, he finished second to Aaron Judge in the 2022 American League MVP race. Aaron Judge hits a two-run home run in Game Five of the 2024 World Series against the Los Angeles Dodgers. Elsa/Getty ImagesJudge reclaims AL MVP crownIn the American League, Aaron Judge was voted unanimous MVP, earning the award for a second time in his career after a dominant season for the Yankees.

Persons: Shohei, Aaron Judge, Ohtani, of Famer Frank Robinson, “ I’m, ” Ohtani, weren’t, I’m, ”, Silver Slugger, Hank Aaron, Edgar Martinez, Barry Bonds, Jimmie Fox, Joe DiMaggio, Stan Musial, Roy Campanella, Yogi Berra, Mickey Mantle, Mike Schmidt, Alex Rodriguez, Albert Pujols, Mike Trout, Francisco Lindor, Ketel Marte, Elsa, Getty, reclaims, ” Judge, Prince Fielder, Juan Soto, Bobby Witt Jr, “, Aaron, Aaron Boone Organizations: CNN, Los Angeles Dodgers, New York Yankees, League Baseball’s, Baseball Writers ’ Association of America, National League, Dodgers, of Famer, Los Angeles Angels, MVP, New York Mets, Arizona Diamondbacks, American League, Yankees, Yankee, Juan Soto and Kansas City Royals, ” Yankees Locations: Japan, New York, Juan Soto and

☆ Ukraine says Russia just became the first country to use an ICBM in war, but the West isn't so sure
▼ + stars: | 2024-11-21 | by ( Jake Epstein | ) www.businessinsider.com time to read: +5 min

AdvertisementUkraine's military said Russia fired an intercontinental ballistic missile at the country Thursday. Ukraine says Russia fired an intercontinental ballistic missile at the country early on Thursday. The Ukrainian Air Force said that Russia launched the ICBM at the centrally located city of Dnipro from its southeastern Astrakhan region, several hundred miles away. Related Video Russia flaunts intercontinental ballistic missile in new videoSome Western officials are pushing back on the Ukrainian claims, asserting that Russia launched a ballistic missile but not an ICBM. pic.twitter.com/DIwGVLQPlo — Oliver Alexander (@OAlexanderDK) November 21, 2024Western officials are challenging the Ukrainian ICBM claims, telling multiple outlets that Russia launched a ballistic missile but not an ICBM.

Persons: Zelenskyy, Volodymyr Zelenskyy, Heorhii, DIwGVLQPlo — Oliver Alexander, ‼ Russia’s, Maria Zakharova, Iv6kHHaxTK, Maria Drutska 🇺🇦 ( Organizations: Ukrainian Air Force, Kyiv's, Strategic Communication, Information Security, Russia, Russian, Dnipro, Ukrainian, Pentagon, Business Locations: Russia, Ukraine, Dnipro, Astrakhan, Ukrainian

☆ Kumail Nanjiani shares 4 daily habits he uses to stay fit, healthy, and sane on tour
▼ + stars: | 2024-11-21 | by ( ) www.businessinsider.com time to read: +3 min

AdvertisementComedian Kumail Nanjiani said basic habits help him stay healthy and sane on a busy stand-up tour. Doing stand-up shows in city after city, sometimes multiple shows a day takes a huge amount of energy, the comedian and actor told Business Insider in an interview about his partnership with Quest Nutrition. AdvertisementHe works out almost dailyDespite the hectic schedule of stand-up shows, Nanjiani said he doesn't skimp on fitness. He avoids doing back-to-back shows repeatedlyNanjiani has a basic rule for keeping his mental health intact while touring. Then we'll get a nice dinner that night," Nanjiani said.

Persons: Kumail Nanjiani, Nanjiani, I'm, It's, Emily Gordon, we'll, Emily Organizations: Quest Nutrition

☆ Why American Women Are Staying Single, Swearing Off Marriage, Dating
▼ + stars: | 2024-11-21 | by ( Kelli María Korducki | ) www.businessinsider.com time to read: +12 min

Now, unmarried women are no longer part of an edgy cultural vanguard — they're the official status quo. As of 2021, a record 52% of American women were either unmarried or separated, according to a report by Wells Fargo Economics. Single women also have single men outnumbered: A Census Bureau analysis of 2019 data found that for every 90 unmarried men in the US, there were 100 unmarried women. In a 2019 survey from the Pew Research Center, only 38% of single women reported looking for dates or a relationship, compared with 61% of single men. Even before 1970, it was far from unusual to see American women working for a living.

Persons: Rebecca Traister, Samantha Nation, JD Vance, —, Claudia Goldin, Jess Carbino, Tinder, Gary Becker, Elizabeth Crofoot, Carmindy Bowyer, Bowyer, didn't, truer, Stephanie Manes, Katie Roiphe, Singledom, Paul Dolan, Richard Reeves, Nicholas Eberstadt, Bella DePaulo, DePaulo Organizations: Los Angeles Times, Wells, Wells Fargo Economics, Pew Research Center, of Labor Statistics, Census, Pew, American Enterprise Institute's, Social Locations: Wells Fargo, New York City

☆ Target CEO says shoppers are stretched and waiting until 'the last moment of need' to buy items
▼ + stars: | 2024-11-20 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +4 min

Now, they're waiting "until the last moment of need, focusing on deals, and then stocking up," CEO Brian Cornell said. Chief Commercial Officer Rick Gomez provided additional detail about how this new consumer pattern has played out for the company. Advertisement"Our Target Circle week this quarter was one of our biggest yet," he said. Unseasonably warm temperatures also meant that shoppers delayed their purchases of cold-weather apparel until they actually needed it, Gomez said. "Would you be willing to trade some of the upside in those areas for even more consistency from quarter to quarter?"

Persons: Brian Cornell, Rick Gomez, Gomez, Neil Saunders, —, Fitch, David Silverman, Michael Lasser, Cornell Organizations: Target, Walmart, Data, UBS Locations: New York

☆ Delta forecasts more sales growth in 2025 thanks to high-end demand, 'resilient economy'
▼ + stars: | 2024-11-20 | by ( Leslie Josephs | ) www.cnbc.com time to read: +2 min

Delta Air Lines on Wednesday said sales would grow in 2025, citing a "resilient economy" for strong travel demand and credit card spending, especially for higher-end offerings. Delta forecast revenue growth in the mid-single digit percentage points next year compared with 2024, in line with the roughly 6% growth analysts were expecting. In an investor day presentation, the carrier said it would expand flying by 3% to 4% next year from 2024. Hauenstein said Delta is looking for new ways to segment its cabins after the carrier — and rivals — spent years breaking coach-class into options like premium economy, extra-legroom seats and basic economy. While it didn't provide detail, it's also considering more options for travelers sitting in the front of the plane too, Hauenstein said.

Persons: Delta, Glen Hauenstein, Delta's, Hauenstein, —, it's Organizations: Delta Air Lines, American Express, United Airlines Locations: Tuesday's

Now, Fonsi is making his debut as a lead actor in the film “Say a Little Prayer,” which opens at AMC and other theaters nationwide Friday. The movie, which features a nearly all-Latino cast, follows the romantic adventures of three best friends in San Antonio. “And to be able to do that in a film is great.”A poster for “Say a Little Prayer,” opening Friday. Luis Fonsi performs the theme song from “Say a Little Prayer” in San Antonio. The cast and crew of “Say a Little Prayer” in San Antonio in October.

Persons: Luis Fonsi's, “, ”, I’d, Anthony, Rafael, It’s, valentine, Fonsi, ” Fonsi, Vannessa Vasquez, Jackie Cruz, Vivian Lamolli, Angélica María, Chris Kattan, Luis Fonsi, Patrick Perez Vidauri Vasquez, Adela, Vasquez, ” Vasquez, carne, Selena, ’, Latinas, Cristina Nava, ” Nava, ” Vivian Lamolli, Nava, Jeff Valdez, Sol Trujillo, Edward James Olmos, Olmos, El Viaje, It's, Daddy Yankee, That’s, “ I’m Organizations: NBC News, AMC, Productions, westside, Centro de Artes, San, San Fernando Cathedral, “, Hulu, Cadence Productions, McKinsey & Company, El, YouTube Locations: Miami, Madrid, San Antonio, San Fernando, Mexican, Houston, Los, Latina, Antonio, Hollywood, “, America, U.S, Spain, Puerto Rico

WASHINGTON — The administrator of the Federal Emergency Management Agency, Deanne Criswell, is set to face questions from House lawmakers on Tuesday about the federal government's response to Hurricanes Helene and Milton that caused catastrophic damage in the Southeast. “And FEMA leadership didn’t take action against this supervisor until the press exposed this discrimination," his remarks say. Florida Attorney General Ashley Moody filed a lawsuit against Criswell and Washington last week over the incident. More than 220 people died from Hurricane Helene in late September, which hit Florida, Georgia, Tennessee, Virginia, North Carolina and South Carolina. At least 17 people died during Hurricane Milton, which hit Florida hard in early October.

Persons: WASHINGTON, Deanne, Hurricanes Helene, Milton, Criswell, James Comer, Comer, Ashley Moody, Donald Trump's, Trump, Biden, Hurricane Helene Organizations: Federal Emergency Management Agency, Hurricanes, Transportation, House Republicans, FEMA, Trump, Fox News, House Homeland Security Committee, Criswell, Hurricane Milton Locations: Florida, Marn’i Washington, United States, Ky, Highlands County , Florida, Washington, Hurricane, Georgia , Tennessee, Virginia, North Carolina, South Carolina

☆ Retired Navy SEAL Jocko Willink shares 5 go-to exercises to get stronger and live longer with minimal equipment
▼ + stars: | 2024-11-19 | by ( ) www.businessinsider.com time to read: +5 min

AdvertisementJocko Willink, a retired Navy SEAL and Brazilian jiu jitsu black belt, works out up to 3 hours a day. Exercises like push-ups, squats, and rucking are a part of his routine for overall strength and stamina. Whether you want to build muscle, burn fat, or live longer, some of the simplest exercises are the best place to start, according to retired Navy SEAL Jocko Willink. While he has a massive garage gym, Willink said the most tried-and-true exercises require minimal equipment. Movements like pull-ups, squats, sprints, and rucking (carrying weight) can help you put in the work without overcomplicating your workouts.

Persons: Jocko, Willink, Burpees, You've, Rucking Organizations: Navy

☆ Xpeng's CEO says most Chinese carmakers will not survive the next decade
▼ + stars: | 2024-11-19 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +3 min

But Xpeng's CEO, He Xiaopeng, says most Chinese carmakers will not exist in 10 years. He predicted that only seven major car companies would eventually be left in China. Xpeng CEO He Xiaopeng doesn't think most Chinese carmakers will survive the next decade. AdvertisementMercedes-Benz CEO Ola Källenius took a similar position to He when asked about the threat posed by Chinese EV makers at the Berlin Global Dialogue conference in October. Chinese carmakers like BYD have also attempted to conquer the global electric vehicle market.

Persons: Xiaopeng, Ola Källenius, Källenius, Stephen Dyer, BYD, Brian Gu Organizations: EV, Singaporean, The Straits Times, Business, CNA, Benz, Berlin Global, Getty, —, Wall Street Journal, Research, BI Locations: China, Xpeng, Thailand, Brazil

☆ European tech funding declines for third consecutive year — but the sector is finally stabilizing
▼ + stars: | 2024-11-19 | by ( Ryan Browne | ) www.cnbc.com time to read: +4 min

Still, Atomico said this shows that European tech funding levels have finally "stabilized" despite worsening global macroeconomic conditions leading to three consecutive years of declines. In the period spanning 2015 to 2024, European startups have bagged $426 billion, dwarfing the sum of investment deployed into tech firms the decade prior. Europe's first $1 trillion tech firm? Atomico said it's optimistic about the next decade in European tech. The VC firm, which was established by Skype co-founder Niklas Zennström, is predicting the entire European tech ecosystem combined could be valued at $8 trillion by 2034, up from around $3 trillion currently.

Persons: Reeves, Oli Scarff, Atomico, Tom Wehmeier, Wehmeier, Europe's, Rachel Reeves, techUK, Niklas Zennström Organizations: Startup Coalition, Getty Images Venture, European Tech, CNBC, VC, Skype, Spotify, Google, Apple, Facebook, Meta, Microsoft, Nvidia, Tesla Locations: British, State, Europe, U.S, China, Atomico, United States

☆ Putin paying for 100,000 North Korean troops helps him delay a second mobilization: ISW
▼ + stars: | 2024-11-19 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

AdvertisementNorth Korean troops in Russia help Putin beyond sheer manpower needs — they help him at home, too. "The deployment of roughly 100,000 North Korean personnel would only replace Russian losses for less than three months," the think-tank wrote. In total, that could mean 100,000 North Korean troops cycling in and out of combat within a year, he said. The North Korean troops in Russia are believed to be special forces, which South Korean intelligence estimates say consist of about 200,000 members in total. AdvertisementSeoul also says that Russia is paying about $2,000 a month for each North Korean soldier.

Persons: Putin, ISW, Vladimir Putin, Kim, Russia's, Dmytro, Kim Jong Un Organizations: Putin, Kremlin, Institute for, Korean, Bloomberg, North Locations: Russia, The Washington, Moscow, Ukraine, Pyongyang, Kursk, Kyiv, North Korea, South Korea, America, Seoul, Korean, South

☆ I took a job at JP Morgan for the prestige. Quitting to travel changed the way I view success.
▼ + stars: | 2024-11-19 | by ( Tess Martinelli | ) www.businessinsider.com time to read: +5 min

AdvertisementAshley Tan got a job at JP Morgan in Singapore after graduating from university. This as-told-to essay is based on a conversation with Ashley Tan, 29, who quit her job at JP Morgan Singapore to travel. After graduating from university, I went straight to work and took a role at JP Morgan for the company name. I joined JP Morgan because of it's prestigeI was hired by JP Morgan in December 2022 as an events and marketing analyst. It was scary, but I officially quit JP Morgan in March because I knew I'd regret it if I didn't take the risk.

Persons: Ashley Tan, Tan, It's, I've, JP Morgan, Morgan, I'd, it's, it'll, I'm, what's, you've, Tess Martinelli Organizations: Morgan, JP Morgan, JP, Singapore Locations: Singapore, JP Morgan Singapore, Bali, Europe, Australia, tmartinelli

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