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☆ Satellite images show damage at Russian base that stored glide bombs after Ukrainian long-range strike
▼ + stars: | 2024-09-09 | by ( Jake Epstein | ) www.businessinsider.com time to read: +1 min

Russia used the Marinovka airfield to facilitate front-line strikes and kept glide bombs stored there. AdvertisementNewly released satellite imagery shows the extensive damage at a Russian airbase after it was hit by Ukrainian drones last month. Ukraine used long-range drones in an August 22 attack on the Marinovka airfield in Russia's Volgograd region, which was used to facilitate strikes on the front lines. A source in the Security Service of Ukraine told Business Insider at the time that the attack destroyed warehouses that stored fuel, ammunition, and highly destructive glide bombs. This story is available exclusively to Business Insider subscribers.

Persons: — Organizations: Service, Security Service, Ukraine, Business Locations: Ukraine, Russia, Russia's Volgograd

☆ Fossils show that massive pterosaurs could fly millions of years ago
▼ + stars: | 2024-09-09 | by ( Ashley Strickland | ) edition.cnn.com time to read: +8 min

The newly discovered fossils preserved 3D structures within the delicate wing bones, which typically are found flattened like pancakes within rock layers. CT scans of the fossils provided a rare glimpse inside the wing bones belonging to two species of pterosaurs, including one new to science. These are not unlike those found in the wing bones of modern birds that flap their wings to fly, Rosenbach said. In contrast, spiral ridges within Arambourgiania’s wing bones resembled the interiors of vulture wing bones, which are thought to resist the forces associated with soaring. “They represent the largest animals with the capacity to fly,” Rosenbach said of the extinct reptiles.

Persons: Kierstin Rosenbach, It’s, Tal Inab, “, philadelphiae, Jordan, Rosenbach, ” Rosenbach, Kierstin, Monique Perez, Stacy Kaneko, Danielle Goodvin, Jeff Wilson Mantilla, ”, Michael Benton, Benton, “ It’s, Dr Organizations: CNN, University of Michigan, University of Michigan’s, of Paleontology, University of Bristol Locations: what’s, Jordan, Africa, Ann Arbor, Arambourgiania, United Kingdom

☆ America's X-37B vs. China's Shenlong: Top space planes and their shadowy role in orbital war
▼ + stars: | 2024-08-24 | by ( Benjamin Brimelow | ) www.businessinsider.com time to read: +13 min

Jeremy Webster/US Air ForceX-37BA space plane is a reusable spacefaring craft that can maneuver in space independently and also fly and glide within Earth's atmosphere. The most well-known space planes are the American Space Shuttle and the Soviet Buran. The program is surrounded in such extreme secrecy that there are no known images of the space plane in its current form. Though the exact start date is unknown, academic models of a Chinese space plane were reported as far back as 2000. AdvertisementOne of the most impactful possible uses of the space planes is as anti-satellite assets.

Persons: —, Jeremy Webster, NASA's, Timothy Kirchner, NASA foresees, Wang Jiangbo, Paul Hennessy, NurPhoto, Shenlong, spaceplanes, Nick Hague, Benjamin Brimelow Organizations: Service, Business, Kennedy Space Center, Landing, US Air Force, American Space Shuttle, Soviet, Space Shuttle, NASA, Boeing, US Defense Department, Defense, Research Projects Agency, DARPA, United States Air Force Space Command, Orbital, NASA's Kennedy Space Center, Atlas V, U.S . Space Force, . Air Force, Space Force, Force, Getty, Cape Canaveral Air Force, China Aerospace Science, Technology Corporation, US Department of Defense, Global Affairs, Fletcher School of Law, Diplomacy, Modern, Institute Locations: United States, China, U.S, Xinhua, US, India, Russia, West

☆ Democrats Are Upbeat, but Face a Tough Race Ahead
▼ + stars: | 2024-08-23 | by ( Matthew Cullen | ) www.nytimes.com time to read: +1 min

In Chicago, where thousands of Democrats spent the week celebrating their nomination of Kamala Harris for president, confidence has been overflowing. “The mood in Chicago was just really ebullient,” said Jess Bidgood, who writes the On Politics newsletter and spent the week at the convention. But joy in the summer does not always last, or translate to votes in the fall. They were riding high at their convention last month, just after Trump survived an assassination attempt and before President Biden stepped aside. Harris and other top Democrats seem to be well aware that things can change.

Persons: Kamala Harris, ”, Jess Bidgood, Harris, Jess, Trump, Biden Locations: Chicago

☆ Russia is putting up a stiffer fight in Kursk and is sending well-equipped soldiers, says Ukrainian commander
▼ + stars: | 2024-08-23 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +4 min

Read previewA Ukrainian drone battalion commander says Russia is putting up a stronger fight in Kursk and is sending well-equipped soldiers to the region. AdvertisementThey are now dug down in cellars north of the town of Sudzha, deploying reconnaissance and strike drones to assist Ukrainian forces in their advance, it said. Ukraine's army chief, Oleksandr Syrskyi, said on Tuesday that Ukrainian forces were 22 miles into Russia. US officials told CNN last week that Russia appeared to be diverting thousands of troops from Ukraine into Kursk. It remains unclear exactly how many soldiers Russia is redeploying to Kursk from the main 600-mile front line in eastern Ukraine.

Persons: —, Oleksandr Syrskyi Organizations: Service, Regiment, Wall Street, Business, Institute for, CNN, Russian Presidential Administration Locations: Russia, Kursk, Ukraine's, Sudzha, Russia's Kursk, Ukraine, Russian, redeploying

☆ Russia is barely using one of its best weapons against Ukrainian forces in Kursk because it's scared to hit itself, war expert says
▼ + stars: | 2024-08-23 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +6 min

Russia has increasingly fired glide bombs at Ukrainian territory in its invasion of the country. AdvertisementBut Russia has not been using the bombs at the same scale against Ukrainian forces that crossed the border into Russia earlier this month. Russia used 750 glide bombs on Ukrainian cities and villages last week alone, according to Ukrainian President Volodymyr Zelenskyy Sunday. It's also fewer than the 50 glide bombs Russia has reportedly been firing daily into Ukraine's Sumy region, which neighbors Kursk. But these were relatively isolated incidents rather than something that was happening as a result of a new strategy, such as using glide bombs in Kursk.

Persons: —, Mark Cancian, Russia hasn't, that's, Cancian, REUTERS Cancian, Volodymyr Zelenskyy, It's, Scott Peterson, Rajan Menon, Columbia University's, George Barros, Barros, Zelenskyy, it's Organizations: Service, Ukrainian, Business, Russian Defense Ministry Press, Marine, Center for Strategic, International Studies, NATO, 95th Air Assault Brigade, REUTERS, Columbia, Columbia University's Saltzman Institute of War, Peace Studies, Russian Ministry of Defence, Russian Ministry of Defense Locations: Russia, Russian, Kursk, Ukrainian, Malaya Loknya, Russia's Kursk Region, Ukraine, Ukraine's Sumy, Petropavlivka

☆ Ukraine says it destroyed glide bombs at a Russian air base that aircraft fly out of to bomb the front lines
▼ + stars: | 2024-08-22 | by ( Jake Epstein | ) www.businessinsider.com time to read: +4 min

Read previewUkrainian forces used long-range drones to attack a key Russian airbase overnight, destroying warehouses that stored fuel, ammunition, and highly destructive glide bombs. It appeared to mark Ukraine's latest long-range strike on an important military installation inside Russia. To work around these restrictions, Kyiv has relied heavily on locally produced, long-range attack drones to wage a monthslong campaign targeting Moscow's military and energy facilities. AdvertisementGlide bombs are dumb bombs that are equipped with special kits to turn them into precision-guided munitions. Ukrainian President Volodymyr Zelenskyy said on Sunday that Russia used more than 750 glide bombs in a single week earlier this month.

Persons: —, 8SgIMVpQ1f, mXqoVmxVVC, Yaroslav Trofimov, Volodymyr Zelenskyy Organizations: Service, Security Service, Ukraine, Business, Special Operations Forces, Russian Air Force, BI, Ministry of Defense, Russia Locations: Russia's Volgograd, Russia, Volgograd, Ukraine, Russian, Marinovka

☆ A $1.4 million vacation? Take a look inside a yacht that costs that much per week
▼ + stars: | 2024-08-15 | by ( Marylou Costa | ) www.cnbc.com time to read: +6 min

You don't feel like you're on a yacht," said Sacha Williams, global charter marketing director at Northrop & Johnson, Malia's broker. Source: Northrop & JohnsonLike a hotel, the yacht has a gym and spa, the latter with a massage room, sauna and Turkish hammam bath. Source: Northrop & JohnsonThere's also a glass-edged infinity pool on the main deck and a glass-bottomed Jacuzzi on the sundeck, plus an outdoor theater. Some crew members double as personal trainers and have musical skills to entertain in the evenings. There are 21 crew members on board the Malia, a custom-built yacht by the Greek builder Golden Yachts.

Persons: Malia, surcharges, Sacha Williams, Johnson, Williams, Johnson There's, I've Organizations: Cruising, Northrup, Northrop, Golden, North Locations: Europe, Monaco, Sardinia, Maddalena, Saint, Caribbean, Bahamas

☆ Solar-powered boats are sailing through Ecuador’s Amazon rainforest
▼ + stars: | 2024-08-14 | by ( Leah Collins | ) edition.cnn.com time to read: +8 min

CNN —In a secluded part of Ecuador’s Amazon rainforest, river transport is far more common than road travel. “Since the (solar) boats arrived, families have been giving up these motors completely,” he added. Working at an Achuar-owned local business in a remote Amazon community, he saw firsthand the difficulties people had in accessing basic resources such as electricity and transportation. I realized that I wanted to help empower them to reach this goal.”Achuar technicians maintaining the solar boats. “The study came back very positive; the solar boats could work if powered correctly,” he said.

Persons: Kara Solar, ”, Angel Wasump, Kara Solar’s, Oliver Utne, Utne, I’d, “, Kara, Begovic, “ We’d, Tapiatpia ”, Cheryl Martens, ” Kara, Nantu, “ It’s Organizations: CNN, MIT, — Escuela Superior, Universidad San Francisco, Quito —, Institute for Advanced, San Francisco University of Quito Locations: Ecuador, Peru, Quito, “, Minnesota, Pastaza

☆ 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 Head-Spinning Debut
▼ + stars: | 2024-08-10 | by ( Jonathan Abrams | ) www.nytimes.com time to read: +1 min

Breaking is a new sport at this year’s Summer Olympics — at least we’ll call it a sport for the sake of the Games. You probably know it as break dancing, the art form in which performers spin, pose, glide and dance across the floor with incredible athleticism and charisma. The event debuted yesterday in Paris with the women’s, or B-Girls’, competition. Ami Yuasa of Japan, known as B-Girl Ami, bested Lithuania’s Dominika Banevic, or B-Girl Nicka, to win breaking’s first gold medal. The dance spread nationally and globally through movies like “Beat Street” and pioneering crews providing demonstrations in countries like Japan and England.

Persons: Ami Yuasa, Ami, Lithuania’s Dominika, I’ll, Red Bull Organizations: Red Locations: Paris, Japan, New York, England, Europe

☆ Satellite images show long-range strikes destroyed a Russian aircraft that can drop glide bombs, Ukraine says
▼ + stars: | 2024-08-05 | by ( Jake Epstein | ) www.businessinsider.com time to read: +4 min

Read previewUkraine on Monday said it destroyed a Russian warplane capable of launching devastating glide bombs in long-range strikes on an airbase over the weekend. AdvertisementUkraine's military intelligence agency published a satellite image showing what it says is a destroyed Russian Su-34 aircraft. Glide bombs are equipped with special kits that convert dumb bombs into precision-guided munitions. The glide bombs are almost impossible to intercept because they have small radar signatures, travel on non-ballistic trajectories, and have fairly short flight times. Ukraine's military intelligence agency published a satellite image showing what it says are damaged Russian Su-34 aircraft.

Persons: —, HUR, Russia's Su, Russian Su, Volodymyr Zelenskyy, Zelenskyy Organizations: Service, Business, Ukrainian, Directorate of Intelligence, Army Tactical Missile Systems Locations: Ukraine, Kyiv, Russian, Ukrainian

☆ Olympic moment of the day: Philippines’ Carlos Edriel Yulo gets his nation a historic gold – and himself a new house
▼ + stars: | 2024-08-03 | by ( Kyle Feldscher | ) edition.cnn.com time to read: +3 min

With his victory in the men’s floor exercise final, Yulo on Saturday became the first Filipino man ever to win an Olympic gold medal, the first Filipino to win any medal in gymnastics and the second Filipino to ever win a gold medal. Just before the 2023 World Championships, Yulo and his longtime coach Munehiro Kugiyama decided to part ways. That didn’t change when he took to the podium to receive the first gold medal ever put around a Filipino man’s neck. But this (pointing at his gold medal) is what really matters to me. I am happy that I won a gold medal and also a house.”

Persons: Paris CNN — Carlos Edriel Yulo, who’d, Yulo, ”, “, I’m, Munehiro Kugiyama, he’s, – it’s, he’ll, “ I’m Organizations: Paris CNN, Bercy, Eiffel Locations: Manila, Paris

☆ Markets are clamoring for the Fed to start cutting soon: 'What is it they're looking for?'
▼ + stars: | 2024-08-01 | by ( Jeff Cox | ) www.cnbc.com time to read: +2 min

Federal Reserve Chairman Jerome Powell arrives to speak at a news conference following a Federal Open Market Committee meeting at the William McChesney Martin Jr. Federal Reserve Board Building on July 31, 2024 in Washington, DC. If the Federal Reserve is starting to set the table for interest rate reductions, some parts of the market are getting impatient for dinner to be served. Claudia Sahm, chief economist at New Century Advisors, said on CNBC just after the Fed concluded its meeting Wednesday. The Fed needs to start that process back gradually to normal, which means gradually reducing interest rates." If the inflation job is done, or we're on that glide path, it's OK, the Fed can start stepping aside."

Persons: Jerome Powell, William McChesney Martin Jr, Claudia Sahm, Sahm Organizations: Federal Reserve, New Century Advisors, CNBC, Fed Locations: Washington , DC

☆ With a NATO war and Ukraine's knack for shooting down planes in mind, Russia is holding back its airpower and most advanced jets
▼ + stars: | 2024-07-31 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +13 min

Read previewRussia has kept much of its airpower and some of its most advanced aircraft out of the war in Ukraine. But Baum and other air warfare experts have warned Russia's air force should not be underestimated and cautioned that NATO should be ready. AdvertisementRussia's air force is weaker than NATO's airpower, but Russia's war in Ukraine shows it can still cause a lot of damage. Russia's air force has suffered high attrition rates from Ukraine's ground-based air defenses when operating in the country. Related storiesHe said that Russia "has a lot of trouble replacing lost advanced aircraft," only making a few a year.

Persons: —, John Baum, Su, Andrew Curtis, Curtis, Michael Clarke, Christopher Cavoli, it's, Clarke, Evelyn Hockstein, Baum, Peter Layton, Layton, Volodymyr Zelenskyy, Jens Büttner, Russian Sukhoi Su, Nicola Marfisi, Russia's, There's, Sukhoi Su, Aleksey Nikolskyi, REUTERS George Barros, Jake Epstein, Gustav Gressel, Tim Robinson, Russia's Su, Robinson, Mads Claus Rasmussen, Ritzau Scanpix Organizations: Service, NATO, Mitchell Institute, US Air Force, Business, UK Ministry of Defense, Russian Air Force, Royal Air Force, REUTERS, Ukraine, Griffith Asia Institute, Royal Australian Air Force, Russian, Getty Images Air, Getty Images, it's, Sukhoi, Sputnik, European Council, Foreign Relations, UK's Royal Aeronautical Society, Getty Locations: Russia, Ukraine, Europe, Washington, NATO, Russian Sukhoi, Ukrainian, Moscow, Kremlin, AFP

☆ 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

Ms. Harris was receiving 93 percent support from Democrats, the same share that Mr. Trump was getting from Republicans. Overall, Mr. Trump leads Ms. Harris 48 percent to 47 percent among likely voters in a head-to-head match. Mr. Trump leads Ms. Harris 48 percent to 46 percent among registered voters. The country’s view of Ms. Harris has also brightened, with her favorable rating rising by 10 percentage points since February. In a multicandidate race, less than a single percentage point separated Mr. Trump and Ms. Harris, with Ms. Harris at 44 percent and Mr. Trump at 43 percent after rounding.

Persons: Kamala Harris, Donald Trump, Donald J, Trump, Biden, Harris, Nate Cohn, Mr, Erin Schaff, Harris’s, JD Vance, Ohio, “, ”, Summer Nesbitt, Nesbitt, Biden’s, Trump’s, … Donald Trump, Joe Biden, Harris —, don’t, Eddie Otzoy, Hillary Clinton, Michael Newman, —, Robert F, Kennedy Jr, ” Harris Trump, Christine Zhang Organizations: New York Times, Siena College, Democratic Party, Democratic, Mr, Republicans, Times, Credit, The New York Times, Sun, Republican National Convention, Trump, Siena, “, Democrats Locations: Siena, Atlanta, Nevada , Arizona, Georgia, Detroit, Pennsylvania, Los Angeles, Arlington , Texas

☆ For Billy Joel Fans, a New York Night to Remember
▼ + stars: | 2024-07-25 | by ( Alexandra E. Petri | ) www.nytimes.com time to read: 1 min

Lori Umbrino saw her first Billy Joel concert at Shea Stadium in Queens in 1990. More than three decades later, she stood with her two children outside Madison Square Garden on Thursday evening, each wearing a T-shirt from the singer’s concerts across the years. That journey has led them back to Madison Square Garden, where Mr. Joel was performing the 150th and final show of his 10-year residency there. The milestone — and, for some, the devastating misunderstanding that Mr. Joel was retiring — drew veterans of his shows, first-timers, families and singles from around the city and the country. Thousands of people piled into the Garden to hear Mr. Joel glide from hit to hit.

Persons: Lori Umbrino, Billy Joel, “ We’ve, ”, Umbrino, Joel’s, Billy Joel Day, Joel, — Organizations: Shea, Madison, Garden Locations: Queens, Madison, New York State

☆ Defeating Russia's massive 6,600-lb glide bomb may mean risking Ukraine's Patriots if it can't take out the fighter-bombers on the ground
▼ + stars: | 2024-07-25 | by ( Jake Epstein | ) www.businessinsider.com time to read: +7 min

Read previewRussia has increasingly been striking Ukrainian positions with its new 6,600-pound glide bomb, a highly destructive weapon that is notoriously difficult to defeat. AdvertisementA FAB-3000 glide bomb is seen in this video released on July 14 by the Russian Ministry of Defense. The new FAB-3000 glide bomb's first known combat usage was in June, and it has been used extensively in the weeks since. AdvertisementOnce released from an aircraft, glide bombs have short flight times, generate small radar signatures, and travel on non-ballistic trajectories. AdvertisementA FAB-3000 glide bomb is seen mid-flight in this video released on July 14 by the Russian Ministry of Defense.

Persons: —, Russian Su, Justin Bronk, George Barros, Su, Bronk, Maxim Shemetov, Volodymyr Zelenskyy, Biden, Zelenskyy Organizations: Service, Business, Warfare, Russian Ministry of Defense . Russian Ministry of Defense, FAB, Institute for, Royal United Services Institute, Holding, MGM, Tactical Missile Systems, Russian Aerospace Forces, International Army, REUTERS, Russian Locations: Russia, Russian, Ukraine, Kyiv, Kharkiv, Moscow, Holding Ukraine, Ryazan

Why some big money is holding out for nowAfter just one full day of campaigning, Vice President Kamala Harris has a glide path to the Democratic presidential nomination. The Harris campaign also said it had raised more than $100 million between Sunday afternoon and Monday evening. But some major Democratic donors, including Mike Bloomberg and the venture capitalist Vinod Khosla, have yet to endorse her. The concern is that if they support Harris too soon, they would appear to be anointing their party’s presidential candidate, rather than her earning it through a full democratic process. And Khosla posted on X, “An open process will allow everyone a chance to make their case and express their views.

Persons: Kamala Harris, Nancy Pelosi, Harris, Mike Bloomberg, Vinod Khosla, DealBook, don’t, Khosla, ” Organizations: Democratic, Bloomberg Locations: Chicago

Powerful leaders of the Democratic establishment quickly embraced Vice President Kamala Harris on Sunday after President Biden’s shocking exit from the race, hoping that a seamless succession could end a month of damaging chaos and transform a contest widely believed to be tipping toward Republicans. With breathtaking speed, she took control of Mr. Biden’s enormous political operation and contacted Democratic leaders in Congress and state houses to ask for their support. The Biden campaign formally renamed itself “Harris for President,” giving her immediate access to an account that had $96 million in cash at the end of June. On an internal call, the Biden campaign’s leaders told staff members that they would now work for Ms. Harris. “I will do everything in my power to unite the Democratic Party — and unite our nation — to defeat Donald Trump and his extreme Project 2025 agenda,” Ms. Harris said in a statement.

Persons: Kamala Harris, Biden’s, Harris, Barack Obama, Biden, “ Harris, ”, “, Donald Trump, Ms Organizations: Democratic, Sunday, Biden, Democratic Party —

☆ Europe has shown it's less afraid of calling Putin's bluff than the US and getting Ukraine what it needs to fight Russia
▼ + stars: | 2024-07-19 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +15 min

Many European countries have also given more as a proportion of their GDP than the US has. AP Photo/Peter DejongIn early 2023, France became the first Western country to promise to send Ukraine Western armored combat vehicles. European countries have also led in letting Ukraine use Western weapons to hit military targets in Russia. But there are still hangups, and some European countries want partner support for Ukraine to go much further. He said that for most Americans, "if you ask them to name five European countries, they probably wouldn't be able to do it."

Persons: —, Vladimir Putin's, George Barros, Russia doesn't, Ukraine's, Joe Biden, Volodymyr Zelenskyy, Peter Dejong, Bradleys, Abrams, Davis Ellison, John Hamilton, Russia didn't, Ellison, Donald Trump, Mark Cancian, Kaja, Andrew Kravchenko Barros, Ingrida Šimonytė, Putin, Barros, It's, forwardness, Philip Ingram, Ingrida Simonyte, Denys Shmyhal, it's, Getty Images Ingram, Biden, JD Vance, it'll Organizations: Service, Kyiv, Business, High Mobility Artillery Rocket Systems, Mirage, AP, Ukraine Western, US, Army Tactical Missile Systems, Storm Shadows, The Hague, Strategic Studies, Army Tactical Missile, Russian, NATO, Marine, Center for Strategic, International Studies, Eastern, Estonia's, Lithuanian, REUTERS, British Army, Ukrainian Governmental Press Service, Anadolu, Getty Images, Republican, America, GOP, Ukraine, Prosecutor's, Getty, White Locations: Russia, Ukraine, Washington, Europe, United States, Russian, Denmark, Netherlands, Norway, Belgium, European, Sweden, France, Paris, Kharkiv, Poland, Germany, Zhytomyr, Kyiv, Borodianka, Ukraine's Kyiv, Ukrainian

☆ ‘Loophole’ may get you a $7,500 tax credit for leasing an EV, auto analysts say
▼ + stars: | 2024-07-18 | by ( Greg Iacurci | ) www.cnbc.com time to read: +4 min

Maskot | Maskot | Getty ImagesBuying a new electric vehicle isn't the only way consumers can access a $7,500 federal EV tax credit. Perhaps the best known of them — the "new clean vehicle" tax credit — is a $7,500 tax break for consumers who buy a new EV. But many auto dealers are also passing along a $7,500 tax break to lessees, via a different (and, experts say, lesser-known) mechanism called the "qualified commercial clean vehicles" tax credit. This EV tax credit "leasing loophole" has likely been a key driver of increased leasing uptake in 2024, Barclays auto analysts said in an equity research note published in June. The $7,500 tax credit enables dealers to charge low monthly payments for leases, thereby helping "stoke demand" for EVs, Barclays wrote.

Persons: Joe Biden, —, Dealers aren't, Ingrid Malmgren, Hyundai Kia, Brian Moody, Autotrader, Moody, Malmgren Organizations: Maskot, Barclays, U.S . Treasury Department, Plug, stoke, EVs, Foreign, Toyota, Hyundai, EV, Consumers Locations: U.S, Asian, North America

☆ Russia bragged that it dropped a 3-ton bomb on Ukraine. A video shows its huge size.
▼ + stars: | 2024-07-15 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +1 min

Russia shared a video of what it said was a 3-ton glide bomb being dropped on Ukraine. A pilot bragged the bomb was so big it's hard to "imagine a target that would not be destroyed." Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementRussia's defense ministry on Sunday shared a video of what is said was one of its Su-34 jets dropping a FAB-3000 glide bomb on a Ukrainian military position.

Persons: — Organizations: Service, Business Locations: Russia, Ukraine, Ukrainian, Russian

☆ The West finally allowed Ukraine to strike back at Russia — and it seems to be working
▼ + stars: | 2024-07-14 | by ( Ivana Kottasová | ) edition.cnn.com time to read: +10 min

The newly granted permission by the United States and other allies to use Western weapons to strike inside Russia has had a huge impact, Bankir said. While Kyiv hasn’t managed to reclaim large swathes of territory, it has successfully averted what could have been a disaster: The occupation of Kharkiv, Ukraine’s second city. “(Russia) knew that Ukraine did not have the capacity to strike these targets on the Russian territory,” Melnyk said. While Ukraine was previously able to strike targets inside Russia using Ukraine-made drones, ATACMS make these strikes far more efficient. However, Ukraine can still use the F-16 to deny Russia control over the skies – and push away Russian aircraft delivering bombs.

Persons: CNN — Bankir, Bankir, “, ” Ivan, Kyiv hasn’t, Valentyn Ogirenko, Oleksiy Melnyk, ”, ” Melnyk, wasn’t, Melnyk, Konrad Muzyka, Rochan, –, Muzyka, it’s, ” Muzyka, Ukraine’s, Volodymyr Zelensky, Donald Trump, Maria Kostenko, Daria Tarasova, Markina Organizations: CNN, Ukraine’s Security, Artillery, 148th, Kyiv, 148th Separate Artillery Brigade, Ukrainian Air Assault Forces, United Nations, Human Rights, Razumkov, Rochan Consulting, People, Reuters, US, NATO Locations: United States, Russia, Russian, Kyiv, Kharkiv, Ukraine’s, Donetsk region, Ukraine, Izium, Balakliia, Moscow, Kharkiv –, Ukrainian, “, Belgorod, Voronezh, Krasnodar, Bryansk, Crimea, Washington , DC, –

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