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☆ AI is unlocking new uses for military drones, boosting demand for these companies
▼ + stars: | 2024-08-18 | by ( Pia Singh | In | ) www.cnbc.com time to read: +8 min

We're approaching a new era of defense, one that will use AI-enabled military drones that can run without a human operator. According to BTIG, the DoD requested $5.3 billion in fiscal year 2025 for unmanned systems, most of which is directed at procurement programs. The firm forecasts the DoD's entire unmanned funding requests to grow at a 9.5% compound annual growth rate through fiscal year 2029. General Dynamics is another of Madrid's buy-rated stock in the unmanned systems arena. Strong demand of its defense products, including ammo and ground vehicles, also indicate earnings growth potential, the analyst added.

Persons: Andre Madrid, BTIG, spender, They've, Stocks, Northrop, Lockheed Martin, Morgan Stanley, Kristine Liwag, Liwag, Northrop Grumman, Madrid, Northrop's, It's, Atomics, You've, they've, Kratos, Morgan Stanley's Liwag Organizations: U.S . Department of Defense, DoD, Aircraft, Air, U.S . Navy, U.S . Air Force, Pentagon, CCA, Department of Defense, Dynamics, Kratos Defense, Security Solutions, Northrop Grumman, Lockheed, Air Force, Raider, Defense, Northrop, Boeing, FactSet, General Dynamics, U.S . Army Locations: Nagorno, Karabakh, Ukraine, Madrid, France

☆ Chinese scientists say they've found a way to make hypersonic missiles skip in the sky to strike deeper. US experts aren't convinced it'll be effective.
▼ + stars: | 2024-08-14 | by ( Matthew Loh | ) www.businessinsider.com time to read: +5 min

Read previewA team of scientists in China believe they've found a way to make hypersonic missiles more potent — by extending their range via "skipping" on the atmosphere. Skip-gliding missiles may also be harder to track and intercept, she added. Kavanagh noted that a future skip-gliding missile would likely still be detectable from hundreds of miles away. AdvertisementKearn believes the issue is being overblown since China has the ability to launch nuclear strikes regardless of its hypersonic missiles. AdvertisementTheir next step, they said, would be to research how easily a skip-gliding missile can maneuver and navigate laterally.

Persons: —, they've, Yong Enmi, Washington, Jennifer Kavanagh, Kavanagh, David Kearn, Biden, Kearn Organizations: Service, China Aerodynamics Research, Development Center, Business, Astronautics, China Morning Post, US, Defense, People's, Army, PLA, Government, St, John's University Locations: China, Hong Kong, Nazi Germany, Beijing, Washington, Hawaii, United States

☆ A new experimental US Air Force bomb can sink warships, but the question is if it's the right weapon for a war with China
▼ + stars: | 2024-08-10 | by ( Jake Epstein | ) www.businessinsider.com time to read: +7 min

Read previewA US Air Force B-2 Spirit stealth bomber recently used a new anti-ship weapon to sink a decommissioned warship in the Pacific and a cargo ship off the coast of Florida. A US Air Force B-2 Spirt receives fuel from a KC-135 Stratotanker in the sky over northwest Missouri in August 2018. According to the Air Force Research Laboratory, the goal is to replicate the combat potential of a submarine with an aircraft that can cover a much larger area. QUICKSINK is not the only initiative indicative of the Air Force's desire to increase its maritime strike capabilities. The Air Force remains interested in developing more affordable munitions for maritime strikes.

Persons: —, Vincent De Groot, Bryan Clark, Lindsey Heflin, Mark Gunzinger, QUICKSINK, Clark, Gunzinger Organizations: Service, Air Force, American, Business, US Air Force, KC, US Air National Guard, Air Force Research Laboratory, US Navy, Hudson Institute, US, People's, Army, China News Service, Getty, Mitchell Institute for Aerospace Studies, Ship, Navy Locations: Pacific, Florida, China, Missouri, Hawaii, Gulf of Mexico, Washington, Beijing, Western Pacific

☆ How Gen Zers can beat negative stereotypes in a tough job market
▼ + stars: | 2024-08-05 | by ( Lindsay Dodgson | ) www.businessinsider.com time to read: +5 min

Read previewEveryone is likely to face challenges early on in their career, but Gen Zers feel they're discriminated against — largely because of their age. Gen Zers are seen as the cohort most likely to write their résumés and cover letters with the help of ChatGPT and other AI services. A Gen Z creator was the first to coin the term " lazy-girl job." The workforce's expectations are shifting; it's not just the impact of "Gen Z particulars," she added. "I applied to hundreds of roles before landing a job at Applied, which eventually led to my becoming CEO," she said.

Persons: —, Gen, Khyati Sundaram, Sundaram, Gen Zers, they've, Gen Z, it's, Zers, There's Organizations: Service, Business, Times

☆ The deadliest V-22 crash in Air Force history caused by 'catastrophic' gearbox failure and crew's 'lack of urgency,' a probe found
▼ + stars: | 2024-08-01 | by ( Konstantin Toropin | Thomas Novelly | ) www.businessinsider.com time to read: +8 min

An infographic details the crash location of the US military V-22 Osprey aircraft near Japan's Yakushima island. Debris believed to be from a US military Osprey aircraft is seen in waters off the coast of Yakushima Island. Members of the Japanese Navy look through binoculars during a search operation after the CV-22 Osprey crash. The Air Force, alongside the other military services that fly the Osprey, grounded their V-22s shortly after the crash. The service said last month that only a handful of its aircraft were flying at Cannon Air Force Base in New Mexico.

Persons: —, Military.com, Michael Conley, Conley, didn't, It's, …, Jeffrey T, Eric V, Luke A, Terrell K, Zachary E, Jake M, Brian K, Johnson, Jake Galliher, Spendlove, Adm, Carl Chebi, Chebi, " Conley, we're Organizations: Service, Air Force, Business, Ospreys, Getty, Air Force Special Operations Command, NBC, Osprey, Japan Coast Guard, AP, Ministry of Defense, Tech, Staff, Pentagon, Cannon Air Force Base, The Air Force, Naval Air Systems Command Locations: Japan, Anadolu, Yakushima, Yakushima Island, New Mexico

☆ Here's what American air-to-air missiles can do for Ukraine's new F-16s against the Russians
▼ + stars: | 2024-07-31 | by ( Jake Epstein | ) www.businessinsider.com time to read: +7 min

Read previewThe US is sending Ukraine air-to-air missiles to go with the new F-16 fighter jets coming this summer from European partners, per a new report on armaments. AdvertisementPowerful air-to-air missilesThe AIM-120 is an all-weather, beyond-visual-range air-to-air missile with active radar for decreased dependence on the aircraft for intercepts. On the other missile Ukraine is receiving, the AIM-9X is a short-range air-to-air missile with an infrared seeker and is the newest variant in the Sidewinder family. The Russians are operating Su-35 and MiG-31 fighter jets that carry long-range air-to-air missiles like the R-37. With F-16s, Ukraine can potentially better use these weapons to degrade Russia's vaunted air-defense capabilities.

Persons: —, Boris Roessler, it's, Gen, Oleksandr Syrskyi, George Calin, Netherlands —, Volodymyr Zelenskyy, James Hecker, Hecker Organizations: Service, AIM, Air Missile, 9X, Street, Business, Danish Air Force, Getty, Ukrainian Air Force, Eglin Air Force Base, US Air Force, Guardian, Center for Strategic, International Studies, Ukrainian Air, REUTERS Kyiv, Soviet, Mitchell Institute for Aerospace Studies, NATO Locations: Ukraine, Kyiv, Germany, Fla, Ukrainian, Soviet, Fetesti, Romania, Denmark, Norway, Belgium, Netherlands

☆ Lockheed Martin's new compact hypersonic missile enables America's stealth fighters to engage targets at Mach 5 speeds
▼ + stars: | 2024-07-26 | by ( Alex Hollings | Sandboxx News | ) www.businessinsider.com time to read: +12 min

Hypersonic missiles are weapons that are capable of achieving sustained speeds in excess of Mach 5 while maneuvering. It is a true hypersonic weapon that operates and maneuvers in a high-altitude hypersonic regime," Paul Sudlow from Lockheed Martin Missiles and Fire Control previously told Sandboxx News. AdvertisementAdding the Mako missile to America's stealth fightersA render of an F-35 equipped with Mako missiles. Designed in a 'digital engineering ecosystem'A render shows the Mako hypersonic missile in flight. Leon Neal/Getty ImagesOne of the biggest challenges facing the laundry list of hypersonic weapons in active development for the US military is cost.

Persons: —, Lockheed Martin, Mako, Paul Sudlow, Sudlow, Nano Calvo, Northrop Grumman, Rick Loy, Lockheed Martin's, Lockheed, Lockheed Martin Lockheed Martin, Leon Neal Organizations: Service, Mako, Lockheed, US Air Force, US Navy, Business, Lockheed Martin Missiles, Control, Sandboxx, Air, Sandboxx News, EA, AIM, Air Force, Navy, Marine Corps, Getty, US Air, Northrop, Naval News, Visitors, Defense Department, Congressional Locations: Mako, Lockheed Martin Europe, London

☆ Crew mistakes and inadequate safety standards led to the crash that destroyed a $450 million B-1B bomber, an Air Force probe found
▼ + stars: | 2024-07-25 | by ( Thomas Novelly | ) www.businessinsider.com time to read: +5 min

AdvertisementThe charred remains of the B-1B Lancer after it crashed near the runway of Ellsworth Air Force Base. US Air Force Aircraft Accident Investigation BoardThe four crew members all ejected, but two of them suffered injuries as a result. Both were medically treated and later released, according to Air Force Global Strike Command, which commissioned the crash investigation report. AdvertisementAircrew members prepare a B-1B Lancer for deployment at Ellsworth Air Force Base at night. An aircrew member directs a B-1B Lancer onto the runway at Ellsworth Air Force Base in South Dakota.

Persons: —, Military.com, Ellsworth, Jake Jacobsen, Erick Lord, Dylan Maher, JF Joseph Organizations: Service, Ellsworth Air Force Base, Business, Lancers, Dyess Air Force Base, US Air Force Aircraft, Air Force Global Strike Command, Lancer, Air Force Global, Command, US Air Force, Staff, Ellsworth Air Force, 34th Bomb Squadron, Operations Support Squadron, Marine Corps Locations: South Dakota, Abilene , Texas

☆ Employee Well-Being Programs Can Help Companies Perform Better
▼ + stars: | 2024-07-24 | by ( Rebecca Knight | ) www.businessinsider.com time to read: +9 min

With a new generation of workers bringing fresh sensibilities and an increasing desire for work-life balance and mental-health support, organizations across the US are scaling up employee well-being programs to meet the demands of the post-pandemic era. Companies need to achieve a balanced mix of well-being offerings to address the shifting needs of their workers, Tharpe said. A retention tool that reinforces company valuesTharpe said many companies view well-being benefit programs as a strategic tool to reinforce the organization's values and make it more attractive as an employer. Combating healthcare costs, boosting mental healthSome companies are adopting well-being initiatives to confront mounting healthcare costs, with the added benefit of improving mental-health support for their employees. AdvertisementChildren's Mercy Kansas City, a pediatric-health facility in Missouri, also made mental health and well-being initiatives a priority for its staff following the pandemic.

Persons: Wellable, they're, Charlie Tharpe, Tharpe, Stephanie Harvie, Harvie, L.L.Bean, WWT, John Rocco, Rocco, Stephanie Burrus, Burrus, VTO, Molly Q, Ford, Salesforce Organizations: Companies, Boston University's Questrom School of Business, WWT, Children's, Research Locations: Maine, St, Louis, Kansas City, Missouri, San Francisco

☆ I was an Amazon software engineer for almost 8 years. I either loved or hated the company — I never felt indifferent.
▼ + stars: | 2024-07-23 | by ( Pooya Amini | ) www.businessinsider.com time to read: +11 min

While working there, I never felt indifferent toward the company; I either loved or hated it. Amazon felt like an engineer-driven company because technical engineers had control over entire projects versus being assigned small tasks by non-technical managers. As a senior engineer, I ran a training on "customer obsession," one of the main "leadership principles" that define Amazon employees. Because there are so many principles, managers could use them in contradictory ways. Amazon on-call shifts were frustrating and exhaustingAt Amazon, most of our product decisions were based on customers.

Persons: —, I've, you've Organizations: Service, Amazon Vancouver, Amazon, Meta, Business, Amazon Web Services, Alexa, . Locations: Amazon Vancouver, Amazonians, Amazon

☆ Russia pulled military aircraft from service because of poor quality parts: report
▼ + stars: | 2024-07-22 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +1 min

Russia grounded five Il-76MD-90A aircraft due to poor-quality parts. The Russian air force's fleet of Il-76MD-90A aircraft has suffered significant attrition since 2022. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementRussia was forced to take five military aircraft out of service due to key parts being swapped out for poor-quality ones, according to local media reports. The issue affects the landing gear of Russia's Il-76MD-90A, a large modernized strategic aircraft designed for ferrying troops and military equipment.

Persons: — Organizations: Service, Business Locations: Russia, Moscow

☆ Cramer's Lighting Round: Pinterest is a buy
▼ + stars: | 2024-07-22 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Stock Chart Icon Stock chart icon Salesforce's year-to-date stock performance. Stock Chart Icon Stock chart icon ADMA Biologics' year-to-date stock performance. Stock Chart Icon Stock chart icon Ouster's year-to-date stock performance. Stock Chart Icon Stock chart icon Vertiv's year-to-date stock performance. Stock Chart Icon Stock chart icon Pinterest's year-to-date stock performance.

Persons: It's, ADMA Biologics, ADMA, it's, Suncor, Jim Cramer's Organizations: Suncor

With so much riding on your credit score, it's important to understand what counts as a good credit score and how to get one. Here's the full breakdown of how FICO and VantageScore crunch your credit score:FICO VantageScore Payment history (35%) Credit balance (30%) Length of credit history (15%) New credit (10%) Mix of credit accounts (10%) Payment history (35%) Length & type of credit (30%) Credit utilization (20%) Credit balances (11%) Recent applications (5%) Available credit (3%)The most significant aspect of your credit score is your payment history, which looks at how consistently you've made payments. However, hard inquiries stop factoring into your credit score after a year and drop off your credit report entirely after two years, so they don't permanently influence a credit score. That's why the average credit score among Gen Z is 680 compared to the average baby boomer, who has a 745 credit score. Good credit score frequently asked questionsAre good credit scores hard to get?

Persons: Gen, boomer, stow, Will Organizations: Credit Monitoring, Chevron Locations: AnnualCreditReport.com, Plenty, Chevron

It's important to review your credit reports often to check for mistakes, and to do that you need to know how to read a credit report. Because your credit matters so much, it's important to keep a close eye on your credit reports from all three major credit bureaus — Equifax, TransUnion, and Experian — and learn how to read a credit report. How to read a credit reportMost credit reports are broken down into sections that make your information easier to understand and digest. InquiriesThe final part of your credit report, known as the inquiry section, contains a list of who has accessed your credit report in the last 24 months. Editor's Rating 4.6/5 A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star Editor's Rating 4.7/5 A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star Editor's Rating 4.6/5 A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star Learn more On Aura's website Learn More Learn more On IdentityForce's websiteDisputing incorrect informationUnfortunately, errors and fraud wind up on credit reports all the time.

Persons: —, Experian —, You'll, you've, You've, they're, haven't Organizations: Visa, Card, preapproved, Credit Monitoring, Chevron, Federal Trade Commission Locations: AnnualCreditReport.com

☆ See the XQ-67A combat drone's first flight as the US Air Force works to build its fleet of manned and AI-piloted aircraft
▼ + stars: | 2024-07-11 | by ( Hope Seck | Sandboxx News | ) www.businessinsider.com time to read: +7 min

It's been an eventful few months for the XQ-67A and the Air Force's efforts to create a fleet of low-cost, high-tech autonomy-capable aircraft that can network with and support manned fighters in the air. Air Force Research Laboratory/DVIDsThe new angles highlighted in the short video underscore the unique design of this prospective fighter jet teammate. The Air Force plans to fast-track production of the first 100 collaborative combat aircraft, delivering them to the fleet by 2029. AdvertisementThe Air Force hopes CCA won't just augment or modernize air warfare — but transform it entirely. Air Force Research Laboratory/DVIDsCCA, the paper's authors write, could help disrupt China's preferred way of fighting and deny the country an assured victory, if employed correctly to multiply capabilities.

Persons: Atomics Gray, It's, Atomics, Mike Atwood, Kratos, Frank Kendall, China's Organizations: Service, US Air Force, Atomics Aeronautical Systems, Air, Air Force, ASI, USAF, Air Force Research, and Space Forces Magazine, Cessna, CCA, Atomics, Marine Corps, Collaborative, Attritable Aircraft Technologies, The Air Force, Force, Mitchell Institute for Aerospace Studies Locations: Atomics Gray Butte, Palmdale , CA, OBSS, China

☆ How CEOs like Bernard Arnault and Tim Cook decorate their offices
▼ + stars: | 2024-07-07 | by ( Jordan Hart | ) www.businessinsider.com time to read: +5 min

Read previewFrom priceless artwork to "Star Wars" memorabilia, you can tell a lot about a chief executive by how they decorate their office. Their high salaries, and even higher net worths, mean CEOs have the power to deck their workspaces out with more than everyday knickknacks. Here's how they decorate the spaces where they run their companies,AdvertisementBernard ArnaultLVMH CEO Bernard Arnault's office design matches the luxury empire her runs. ERIC PIERMONT/AFP/Getty ImagesWith a net worth of $201 billion, according to Bloomberg, LVMH top boss Bernard Arnault has very expensive taste. Tim CookApple CEO Tim Cook pays homage to Robert F. Kennedy with his office decor.

Persons: —, Mark Zuckerberg, Salesforce's Marc Benioff, Bernard Arnault, Bernard Arnault's, ERIC PIERMONT, Louis Vuitton, Dom Pérignon, Dior, Andy Warhol, Tim Cook, Robert F, Kennedy, Justin Sullivan, Jenny Chang, Rodriguez, Cook, Marc Benioff, Kevin Dietsch, Forbes, Benioff, Princess Leia, Darth Maul, Sully, Mark Zuckerberg Mark Zuckerberg, Jeff Bottari, Zuckerberg, didn't, We've, it's Organizations: Service, Business, Getty, Bloomberg, Eiffel, Apple, Auburn University, UFC, Facebook Locations: AFP, Paris, Alabama, Cupertino, mater, Hawaii, San Francisco, Las Vegas

☆ Tensions with Iran spotlight Israel's hidden nuclear arsenal
▼ + stars: | 2024-07-04 | by ( Paul Iddon | ) www.businessinsider.com time to read: +9 min

AdvertisementBy invoking doomsday weapons, it was clear Katz was alluding to Israel's nuclear weapons arsenal — an arsenal over which neither he nor IAI have any command-and-control. There are eight countries in the world with declared nuclear arsenals, four of which — the United States, China, India, and Russia — have a complete nuclear triad. Israel's triad has some notable distinctions and limitations compared to those of the other four. "Israel's nuclear triad bears the hallmarks of a regional nuclear triad as seen in India and Pakistan, rather than seeking globe-spanning strike capability," Sebastien Roblin, a widely published military-aviation journalist, told Business Insider. "Israel's nuclear deterrent is not designed to ward off great powers like Russia or China, but rather regional powers like Egypt and Iran," Bohl told BI.

Persons: —, Yair Katz, Israel, Katz, Russia —, Sebastien Roblin, Roblin, Ryan Bohl, RANE, Bohl, Nir Ben, Yosef Organizations: Service, Business, Israel Aerospace Industries Workers ' Council, Iran's United Nations, IAI, Jericho, Israel Aerospace Industries, Dolphin, East, Facebook, Air Force's, Israel, US Air Force, IAF, nukes Locations: Israel, Lebanon, Iran, Yemen, Syria, Iraq, United States, China, India, Russia, Pakistan, North Africa, Egypt, Jericho

☆ Investing in Space: Why military contracts are crucial for space companies
▼ + stars: | 2024-07-03 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +3 min

CNBC's Investing in Space newsletter offers a view into the business of space exploration and privatization, delivered straight to your inbox. The first orbital rockets, satellites, and even the Apollo architecture were born of the military and its aerospace contractors. Historically, the biggest defense contractors have long been the winners of the largest space contracts – and that's still true today. The top pure-play space companies get a significant, if not majority, amount of revenue from military work under contracts from the U.S. and its allies. And the importance of military contracts is also going further upstream, as venture capital looks more explicitly toward startups that are winning and delivering on early military deals.

Persons: CNBC's Michael Sheetz, I'm, Peter Beck, Beck Organizations: Pentagon, U.S . Space Force, NASA, SpaceX, Space Force, NRO Locations: U.S, Ukraine, China, Taiwan

☆ Elon Musk got his big payday. But Salesforce's Marc Benioff might not be so lucky.
▼ + stars: | 2024-07-02 | by ( Meghan Morris | ) www.businessinsider.com time to read: +1 min

Salesforce shareholders rejected the company's proposed compensation plan for top executives. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Salesforce CEO Marc Benioff is likely not dancing this week. The company said in a regulatory filing on Monday that a slim majority — 53% — of shareholder votes were cast against the proposed compensation plan for Benioff and other top executives. This story is available exclusively to Business Insider subscribers.

Persons: —, Elon, Marc Benioff Organizations: Service, Business

☆ Salesforce shareholders reject compensation plan for CEO Marc Benioff, other top execs
▼ + stars: | 2024-07-01 | by ( Jordan Novet | ) www.cnbc.com time to read: +3 min

Salesforce investors voted against the company's compensation plan for top executives, after shareholder advisory groups raised concerns about equity awards granted to CEO Marc Benioff. According to a regulatory filing on Monday, the resolution to approve the compensation received 339.3 million votes in favor and 404.8 million against at the annual meeting held on Thursday. For the 2024 fiscal year, Benioff received $39.6 million in total pay, up from $29.9 million in the prior year. While Benioff's salary was flat at $1.55 million, he received additional stock and option awards and non-equity incentive plan compensation, according to the proxy statement. Benioff was already among the largest holders of Salesforce, with a stake of over 2% valued at close to $6 billion.

Persons: Marc Benioff, Glass Lewis, Benioff, didn't, Salesforce Organizations: Institutional, Services

☆ Deadly Russian Su-34 bombers are sitting ducks for Ukraine's ATACMS. But it can't attack without US approval.
▼ + stars: | 2024-06-30 | by ( Nathan Rennolds | ) www.businessinsider.com time to read: +1 min

Near the border of northeastern Ukraine, some of Russia's lethal Su-34 fighter jets sit in the open. The bombers have been used to pound Ukraine with regular barrages of glide bombs. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementNear the border with northeastern Ukraine, some of Russia's deadly Su-34 fighter bombers lie exposed on the tarmac of a military airfield as they await orders to carry out their next attack. Voronezh Malshevo airbase is a launching point for jets operated by the Russian Air Force's 47th Guards Bomber Aviation Regiment.

Persons: — Organizations: Service, Russian Air Force's, Guards Bomber Aviation Regiment, Business Locations: Ukraine, Voronezh Malshevo, Kharkiv

☆ France's army chief says small drones will lose their battlefield advantage. But Ukraine likely won't be changing tack anytime soon.
▼ + stars: | 2024-06-29 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +5 min

Read previewSmall aerial drones have dominated the battlefield in Ukraine, but according to French Army Chief of Staff Gen. Pierre Schill, they could soon lose their combat advantage. "The life of impunity of small, very simple drones over the battlefield is a snapshot in time," Schill said. ADRIAN DENNIS/ Getty ImagesThe use of drones will likely fluctuateFormer British Army officer Christopher Lincoln-Jones told Business Insider that the use of small drones in warfare would likely "ebb and flow." Greg Bagwell, the UK Royal Air Force's former Deputy Commander, told BI "there is some truth" to Schill's comments about the future of small drones in battle. Both sides are also pumping money into developing AI-powered drones that can bypass electronic warfare systems.

Persons: —, Pierre Schill, Schill, ADRIAN DENNIS, Getty, Christopher Lincoln, Jones, they're, Greg Bagwell, it's, Bagwell, Forbes Organizations: Service, French Army, Defense, Business, British Army, Royal Air, NATO, FPVs, Lincoln, Atlantic Council Locations: Ukraine, Paris, Lincoln, Russia

☆ He dropped out of Princeton and wrestles with imposter syndrome. Inside the unusual rise of a Wall Street tech banker.
▼ + stars: | 2024-06-28 | by ( Emmalyse Brownstein | Bianca Chan | ) www.businessinsider.com time to read: +12 min

Read previewAs a kid, Rob Chisholm was not drawn to the fast-paced, jet-setting life of a Wall Street banker. Well, maybe if I wanted to be an investment banker or something, I would care about that, Chisholm remembers thinking. Chisholm, on the other hand, is very open about his unorthodox path to Wall Street and the resulting feelings of being an outsider. AdvertisementWhen Chisholm was in college, he rejected the "cliche" of going to an Ivy League and getting a job on Wall Street. At the time, Chisholm admitted, Wall Street seemed like the "complete opposite in terms of the culture and the incentives" he thought he wanted.

Persons: —, Rob Chisholm, Chisholm, Goldman Sachs, Frank Quattrone, Eager, dealmakers, he's, Wall, Goldman, I've Organizations: Service, Wall Street, Princeton, Business, Ivy League, Citi, Qatalyst Partners, Middlesex, Princeton's, Middlebury College, ACG Partners, Deutsche Bank, Investment Locations: Canada, Antigonish, Nova Scotia, Massachusetts, Vermont, Boston, San Francisco, tooting

☆ Here are the portfolio's top 5 performing stocks since May's Monthly Meeting
▼ + stars: | 2024-06-27 | by ( Morgan Chittum | ) www.cnbc.com time to read: +7 min

The stock market had another great run since the Club's May Monthly Meeting. Here's our top-five performing portfolio names since the May 30 close through Wednesday's close, the eve of our June Monthly Meeting. AVGO YTD mountain Broadcom (AVGO) year-to-date performance Broadcom took the top spot since the May Monthly Meeting, jumping 16.7% in that timeframe. And on Wednesday, the stock mounted a late-day comeback to close up 0.25% on the day of its annual shareholder meeting. Even with their recent comeback, Salesforce shares are down more than 10% from their close May 29.

Persons: —, We're, It's, Salesforce, Snowflake —, we've, Davidson, Jim Cramer's, Jim Cramer, Jim, Brendan Mcdermid Organizations: Federal Reserve, Nasdaq, Club, Nvidia, Broadcom, dethroning Club, Microsoft, Tuesday's, Apple Intelligence, Apple, Rosenblatt Securities, Networks, Palo Alto, CNBC, Traders, New York Stock Exchange Locations: Wednesday's, China, Palo, New York City

☆ Upgrades to keep the US military's oldest bombers — its B-52s — flying for a century are running into delays and rising costs, watchdog finds
▼ + stars: | 2024-06-21 | by ( Chris Panella | ) www.businessinsider.com time to read: +4 min

AdvertisementThat's three years later than the Air Force planned to have the re-engined planes operating. U.S. Air Force photo by Tech. A U.S. Air Force B-52H Stratofortress assigned to the 20th Expeditionary Bomb Squadron at Barksdale Air Force Base, Louisiana, arrives on the flightline August 4, 2023, as part of a Bomber Task Force mission at Andersen Air Force Base, Guam. The Air Force plans to keep the planes in service until 2050, almost 100 years after the first B-52 entered service. The Air Force continues to rely on the B-52s for long-range strategic bomber missions, even though they lack the speed of the B-1 Lancers and the stealth of the B-2 Spirits.

Persons: —, Joshua J, Garcia, Nia Jacobs Organizations: Service, US Air, Business, Air Force, Royce, Pilots, 2nd Bomb, RAF Fairford, U.S . Air Force, Tech, Inside Defense, Department of Defense, 20th Expeditionary Bomb, Barksdale Air Force Base, Bomber Task Force, Andersen Air Force Base, The Air Force, Lancers Locations: United Kingdom, Louisiana, Guam, U.S, Arizona

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