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☆ Chicago police shooting: 96 shots fired in a fatal traffic stop. Here’s what the bodycam footage shows
▼ + stars: | 2024-04-09 | by ( Omar Jimenez | Holly Yan | ) edition.cnn.com time to read: +7 min

Across the country, police bodycam footage has played an increasing role in raising awareness and understanding about officer-involved shootings. A Chicago police officer gives Dexter Reed several commands before gunfire breaks out. Other bodycam videos show at least two other officers firing toward Reed from across the street in the residential neighborhood. “Upon stopping Mr. Reed, multiple officers surrounded his vehicle while giving verbal commands. “Review of video footage and initial reports appears to confirm that Mr. Reed fired first, striking the officer and four officers returned fire,” the office said.

Persons: Dexter Reed’s, Dexter Reed, ”, Reed, Dexter Reed Porscha Banks, Dexter Reed , Jr, COPA, “ Mr, “ Dexter, Steven Hart, ” Dexter Reed Porscha Banks, Roosevelt Banks, ” Banks, “, ” John Catanzara Jr, Kim Foxx, ” Foxx, –, Jack Hannah, Cheri Mossburg Organizations: Chicago CNN, Chicago, Chicago’s Civilian Office, Police, COPA Chicago “, Injury, Chicago Police, Civilian Office, COPA, “, of Police Chicago Lodge, CNN, Chicago Police Department Locations: Garfield, Chicago, Chicago's Garfield, Cook County

Meanwhile, Micron got a price target increase from Bank of America, which sees the chipmaker surging more than 20%. 7:08 a.m.: Jefferies raises forecast on Target Jefferies thinks improving consumer discretionary trends should boost Target shares. The firm increased its price target on the stock to $205 from $195, implying shares gaining 16% from where they closed on Thursday. He upgraded shares to overweight from equal weight and increased his price target by $13 to $59. The bank also revised its bull case price target to $110 from $90, implying upside of nearly 130%.

Persons: Morgan Stanley, Target Jefferies, Corey Tarlowe, Jefferies, Tarlowe, TGT's, — Hakyung Kim, Wells, Roger Read, Read, Hakyung Kim, Brandon Oglenski, Hunt, Robinson, Werner, Oglenski, Anthony Cassamassino, Vivek Arya, Arya, —, Morgan, DAL, Fred Imbert Organizations: CNBC, Delta Air Lines, Micron, Bank of America, Jefferies, Target, Devon Energy, Diamondback Energy, EOG Resources, Barclays, J.B, C.H, Werner Enterprises, Bank of America's, Microsoft, Meta, Next, 2Q, Spotify, Citigroup, Marvell, Devices, TAM, Abercrombie, Fitch's Locations: Wells Fargo, Devon, Delaware, Q2'24, Thursday's, DAL

SPRINGFIELD, Ill. (AP) — The Illinois Supreme Court will hear an appeal of actor Jussie Smollett's disorderly conduct conviction for staging a racist and homophobic attack against himself in 2019, then lying to Chicago police about it. The court on Wednesday accepted the appeal from Smollett, formerly a cast member of the television drama “Empire.” It will review a December state appellate court ruling that upheld his 2021 conviction by a Cook County jury. A special prosecutor refiled charges against Smollett after Cook County State’s Attorney Kim Foxx dropped the case and Smollett forfeited his $10,000 bond and conducted community service, which Smollett argues ended the case. Testimony at his trial indicated Smollett paid $3,500 to two men whom he knew from “Empire,” which was filmed in Chicago, to carry out the attack. ___Check out the Associated Press' complete coverage of the Jussie Smollett case.

Persons: Jussie, Kim Foxx, Smollett, Freddrenna Lyle, ”, Donald Trump's Organizations: Ill, Chicago, Smollett, Associated Press Locations: SPRINGFIELD, Illinois, Chicago, Cook, MAGA

The EV maker got a price target cut from Citi, citing concern round the company's upcoming delivery numbers. Jonas has an overweight rating and $320 price target on shares, which suggests more than 85% upside potential for the shares. — Hakyung Kim 5:31 a.m.: Citi cuts Tesla price target Citi thinks there's not much upside potential for Tesla ahead of the release of its Q1 production and delivery numbers. As a result, the firm lowered its price target on shares to $196 from $224. He did, however, raise his price target to $62 from $56, with the new forecast calling for 9% upside.

Persons: Tesla, Wells Fargo, Morgan Stanley Morgan Stanley's Adam Jonas, Jonas, — Hakyung Kim, there's, Itay Michaeli, Michaeli, Hakyung Kim, David Konrad, Konrad, Fred Imbert Organizations: CNBC, Citi, KBW, EV Locations: Nevada, U.S, Tuesday's, Wells Fargo Wells Fargo, 1H25

☆ Tammy Murphy Drops Out of Race for Menendez’s Senate Seat
▼ + stars: | 2024-03-24 | by ( Tracey Tully | More About Tracey Tully | ) www.nytimes.com time to read: +1 min

An aide said that Ms. Murphy, the wife of Gov. Philip D. Murphy, had held a meeting with county Democratic Party leaders at 2 p.m. on Sunday before making a final decision and notifying her campaign staff members. Ms. Murphy, 58, entered the race in November and was instantly endorsed by a coalition of influential party leaders, including many whose livelihoods were dependent on the governor, who has nearly two years left in his term. Since then, Mr. Kim has successfully yoked Ms. Murphy’s campaign to what he called the same style of “broken politics” that nurtured and protected Mr. Menendez for decades. The first independent poll of the race showed Ms. Murphy trailing Mr. Kim by 12 percentage points.

Persons: Murphy, Philip D, Kim, Menendez Organizations: Democratic Party, Benz

☆ South Korean 'Value-Up' tax reform to hinge on upcoming election: SK Securities
▼ + stars: | 2024-03-19 | 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 EmailSouth Korean 'Value-Up' tax reform to hinge on upcoming election: SK SecuritiesPeter Kim from SK Securities says April's legislative election is crucial to the Korean government's efforts to boost value in the stock market, but the policy should continue regardless of the result.

Persons: SK Securities Peter Kim Organizations: SK Securities

☆ The founder of the movement Techism says 'art will save us from ourselves'
▼ + stars: | 2024-03-15 | by ( Tania Bryer | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe founder of the movement Techism says 'art will save us from ourselves'Ten years ago, Krista Kim founded the tech-focused art movement, "Techism." Speaking at the World Economic Forum 2024, she explains to CNBC's Tania Bryer why the movement is so important and why we all need to rethink our relationship with technology.

Persons: Techism, Krista Kim, CNBC's Tania Bryer

Morgan Stanley cut its price target on Tesla after trimming its profitability forecasts. The analyst has a price target of $500, which implies upside of more than 20% over the next 12 months. — Hakyung Kim 6:51 a.m.: JPMorgan raises CrowdStrike price target after earnings beat CrowdStrike is managing to grow quickly while delivering strong results, says JPMorgan. The bank upgraded the retailer to buy from hold, increasing its price target to $195 from $140. — Fred Imbert 5:40 a.m.: Morgan Stanley cuts Tesla price target 2024 will be for electric vehicles, said Morgan Stanley's Adam Jonas, who warns that Tesla could lose money this year.

Persons: Morgan Stanley, Wells, Andrew Nowinski, MongoDB, Hakyung Kim, CrowdStrike, Brian Essex, Essex, — Hakyung Kim, UnitedHealth, Andrew Mok, Mok, Berenberg, Philip Buller, Buller, Bob Jian Huang, Huang, Daniela Bretthauer, Krisztina Katai, — Fred Imbert, Morgan Stanley's Adam Jonas, Tesla, Jonas Organizations: CNBC, HSBC, Target, JPMorgan, Barclays, Medicare, Honeywell, Berenberg, Morgan Stanley Insurance, Progressive, Target . Deutsche Bank Locations: Andrew Mok ., Honeywell's, U.S, Tuesday's

☆ Here's why Apple should be in your portfolio
▼ + stars: | 2024-03-04 | 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 EmailHere's why Apple should be in your portfolioKim Forrest, chief investment officer at Bokeh Capital Partners, joins 'The Exchange' to discuss what recent developments for the company mean for shareholders, Apple's AI agenda, and more.

Persons: Kim Forrest Organizations: Apple, Bokeh Capital Partners

☆ Anthony Kim finishes last on first pro start in 12 years at LIV Golf event
▼ + stars: | 2024-03-04 | by ( Jack Bantock | ) edition.cnn.com time to read: +3 min

CNN —Anthony Kim said he was “encouraged” after finishing last in his first professional appearance in 12 years at LIV Golf’s third event of the season in Saudi Arabia on Sunday. I’m doing things that I used to do before. I’m just looking forward to a great year.”Kim struck his first shot at a pro event since 2012 on Friday. I’m doing a lot of things well,” Kim said. I want to feel and I want to think I’m the best all the time,” he told reporters Sunday.

Persons: CNN — Anthony Kim, “, ”, LIV Golf’s, Joaquin Niemann, Kim, ” Kim, I’m, Chris Trotman, LIV, “ I’m, Niemann, Louis Oosthuizen, Schwartzel, Charles Laberge, LIV Golf, – Organizations: CNN, Sunday, Royal Greens, Country Club, PGA Tour, European, Augusta National Locations: Saudi Arabia, Jeddah, Saudi, Hong Kong, Mexico

☆ Fed Chair Powell and jobs data take center stage next week as Wall Street weighs interest rate outlook
▼ + stars: | 2024-03-01 | by ( Sarah Min | ) www.cnbc.com time to read: +8 min

Next week, the first full trading week of March, macroeconomic concerns will take center stage for investors. Next week, the Fed chief is largely anticipated to stick to the same talking points in testifying before Congress. In fact, the February jobs report, due out next Friday, is expected to show a moderation in payroll gains. Hourly Earnings preliminary (February) 8:30 a.m. Average Workweek preliminary (February) 8:30 a.m. Manufacturing Payrolls (February) 8:30 a.m. Nonfarm Payrolls (February) 8:30 a.m. Private Nonfarm Payrolls (February) 8:30 a.m. Unemployment Rate (February) — CNBC's Michael Bloom, Jeff Cox and Yun Li contributed to this report.

Persons: Jerome Powell, Powell, Shannon Saccocia, Kim Forrest, Webull, Michael Hartnett, CNBC's Yun Li, Melissa Brown, Brown, Wealth's Saccocia, Saccocia, Nonfarm Payrolls, —, Michael Bloom, Jeff Cox, Yun Li Organizations: Federal, Fed, Capitol, Nasdaq, Dow Jones, FactSet, Barclays, Bokeh Capital Partners, Labor Department, Bitcoin, BofA Global Research, Apple, Nvidia, Ross Stores, Costco Wholesale, Kroger, . Semiconductor, Broadcom, PMI, PMI Services, Services PMI, Ross, Target, ADP, Labor, Consumer Credit Locations: U.S, REITs, Japan

☆ Nvidia earnings create important moment for the stock market and AI, says Kim Forrest
▼ + stars: | 2024-02-21 | 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 EmailNvidia earnings create important moment for the stock market and AI, says Kim ForrestKim Forrest, Bokeh Capital Partners CIO, joins 'The Exchange' to discuss the significance of Nvidia's quarterly earnings report, AI exposure through Nvidia and others, and more.

Persons: Kim Forrest Kim Forrest Organizations: Bokeh Capital Partners, Nvidia

☆ Putin gifts car to Kim Jong Un in sign of ‘special personal relations,’ North Korean state media reports
▼ + stars: | 2024-02-20 | by ( Yoonjung Seo | Jessie Yeung | ) edition.cnn.com time to read: +3 min

The Russian-made car for Kim’s personal use was delivered Sunday by a Russian delegation, the state-run Korean Central News Agency (KCNA) reported. Kremlin spokesperson Dmitry Peskov told Russian state news agency TASS the car was an Aurus, the luxury automaker founded in 2018 to produce Russia’s official state cars. In January, high-ranking North Korean and Russian diplomats met in Moscow in advance of what North Korean state media says is a forthcoming visit to Pyongyang by Putin — his first in more than 20 years. The North Korean leader is often seen being chauffeured in what’s believed to be a Mercedes-Maybach Pullman Guard armored limousine, worth upwards of $1 million. During Kim’s visit to Russia last September, Putin showed his Aurus limousine to the North Korean leader.

Persons: Vladimir Putin, Kim Jong Un, Dmitry Peskov, –, Kim Yo Jong, Putin, Putin —, Kim, “, ”, what’s, Royce, Donald Trump Organizations: South Korea CNN —, Korean, Korean Central News Agency, TASS, Pyongyang, CNN, Putin, North, Maybach Pullman Guard, Maybach S600 Guard, Washington -, Advanced Defense Locations: Seoul, South Korea, United States, Russian, North Korea, Russia, Moscow, Pyongyang, Ukraine, Netherlands, Washington, Singapore

The chipmaker was initiated with an outperform rating by Loop Capital, which set a Wall Street-high price target that calls for 65% upside. He also raised his price target on U.S.-traded shares to $22.22 from $19.16, implying shares could rise 27% from Thursday's close. It also cut its price target by $1.50 to $8.50, suggesting just 6.2% upside potential from Thursday's closing price. — Hakyung Kim 5:41 a.m.: Oppenheimer downgrades Nike Don't expect much out of Nike shares in the near future, according to Oppenheimer. The firm downgraded the apparel giant to perform from outperform and slashed its price target to $110 per share from $150.

Persons: Oppenheimer, Carvana, Raymond James Carvana's, Raymond James, Mitch Ingles, Ingles, — Hakyung Kim, Jefferies, Alex Wright, Wright, Peter Grom, Chris Peterson's, Grom, Newell, Brian Nagel, Fred Imbert, Ananda Baruah, Hakyung Kim Organizations: CNBC, Nvidia, Nike, Loop, Jefferies, UBS, Newell Brands Consumer, Newell Brands, Nvidia Nvidia, CY2025 Locations: Thursday's, America, CY2024

☆ Kim Jong Un has broken with decades of North Korean policy – does it mean he’s planning for war?
▼ + stars: | 2024-02-16 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +14 min

The two sides have been cut off from each other since 1953, when an armistice ended the Korean War, and remain technically at war. Yoon and Biden have sharpened their countries’ deterrence plans and coordination in the face of North Korea’s threats and weapons development. If anything, some analysts believe, North Korea’s public statements signal that North Korea is abandoning its reunification policy in pursuit of peace on the peninsula. Vladimir Smirnov/AFP/Getty ImagesAn ‘emboldened’ KimThe North Korean leader may also feel more confident about his arsenal and his options as he watches a shifting global landscape. “Kim Jong Un is wary of a full-scale provocation by the South Korean military disguised as a military exercise and has vowed to occupy South Korean territory without hesitation,” said Lim in Changwon.

Persons: Kim Jong, South Korea –, ” Kim, ”, Kim, ’, Robert Carlin, Siegfred Heckler, Chul Lim, “, Joe Biden, Donald Trump, Edward Howell, Yoon Suk Yeol, Ayse, ” He’s, Yoon, Biden, Seoul . Kim, Trump, Lim, “ That’s, Kim Jong Un, Vladimir Putin, Vladimir Smirnov, ’ Kim, “ Kim Jong, …, Rachel Minyoung Lee, Howell, “ Kim Jong Un, Lee, Japan – Organizations: CNN, South, Korean Central News Agency, Reuters, North Korea Research Center, University’s Institute, Far Eastern, University of Oxford, Japan, Ewha Womans University, US, North, Russia's Vostochny, Getty, Stimson, –, White, United Nations Security Council, West, South Korean Defense Ministry, ”, Trump, North Korean Locations: Ukraine, Gaza, North Korea, South Korea, Korea, Republic of Korea, Kim, Washington, Seoul, Tokyo, United States, Korea’s, Changwon, Pyongyang, Russia, United Kingdom, Japan, Guam, Gon, Seoul ., Russian, Russia's, China, Iran, denuclearization, Western, North, Moscow, Beijing, Oxford, Jeju, South, “

Morgan Stanley raised its price target on General Motors. 6:56 a.m.: Morgan Stanley calls Bloom Energy a 'secular winner' Morgan Stanley reiterated its overweight rating on Bloom Energy , naming it an underappreciated AI beneficiary. The firm also maintained its $22 price target on shares, which suggests shares surging more than 94% from where they closed on Wednesday. — Hakyung Kim 6:14 a.m.: Morgan Stanley steps to the sidelines on ZoomInfo ZoomInfo Technologies is "unlikely to zoom into a recovery," according to Morgan Stanley. — Hakyung Kim 5:40 a.m.: Morgan Stanley raises GM price target A focus shift back to internal combustion engine vehicles can give General Motors another jolt higher, according to Morgan Stanley.

Persons: Morgan Stanley, Andrew Percoco, — Hakyung Kim, Antonio Reale, Reale, Hakyung Kim, Elizabeth Porter, Porter, Richard Choe, Choe, Jefferies, NYCB, Jon Arfstrom, Arfstrom, Christopher Danely, Danely, Bank of America's Tal Liani, Liani, Samik Chatterjee, Chatterjee, Adam Jonas, Jonas, — Fred Imbert Organizations: CNBC, General Motors, Qualcomm, Citi, Bloom, Bloom Energy, Bank of America, Santander Santander, Santander, ZoomInfo, JPMorgan, T, RBC, New York, Bancorp New, Bancorp New York Community, Bank, NYCB, Citi Citi, chipmaker Qualcomm, Samsung, Bank of America's, GM Locations: Spanish, Spain, Santander, Europe, U.S, Wednesday's, Bancorp New York

Analyst Ronald Epstein downgraded the stock to neutral from buy and lowered his price target to $225 from $255. The new price target implies just 5% upside from Wednesday's close. Analyst Jed Kelly has an outperform rating and $44 price target on shares, implying 14.4% upside potential since Thursday's close. Analyst Wamsi Mohan reiterated his buy rating on the stock and raised his price target to $200 from $170. Analyst Michael Sison lowered his price target to $69 from $85, implying just 7.5% upside from Wednesday's close.

Persons: Hertz, Ronald Epstein, Epstein, — Hakyung Kim, Oppenheimer, Jed Kelly, Kelly, DraftKings, aren't, Wamsi Mohan, Mohan, JPMorgan's Brian Essex, David Vogt, Essex, Vogt, Wells, DuPont Wells, —, Michael Sison, Sison, Kim, Downside, Tesla, Tesla's, Morgan Stanley's Adam Jonas, Jonas, Joseph Spak, inched, TSLA, Spak, Goldman Sachs, Mark Delaney, Dan Levy, Levy, Colin Langan, Langan, Toni Sacconaghi, Bernstein, JPMorgan downgrades, Ryan Brinkman, Fred Imbert Organizations: CNBC, Tesla, EV, Hertz, JPMorgan, Bank of America, Boeing, Alaska Airlines, of America, Federal Aviation Administration, FAA, IBM, UBS, PTI, bps, DuPont, DuPont de Nemours, Barclays, JPMorgan downgrades Hertz Locations: Alaska, Draftkings, Essex, Wednesday's, Wells Fargo, China, 2H24, Europe

☆ North Korean teens punished for watching South Korean dramas in rare footage, research group claims
▼ + stars: | 2024-01-24 | by ( Yoonjung Seo | ) edition.cnn.com time to read: +5 min

Seoul, South Korea CNN —A South Korean research group has released rare footage that it claims shows North Korean teenagers sentenced to hard labor for watching and distributing K-dramas – which are banned in the hermit nation. SAND INSTITUTE NEWSLETTER/ReutersThe Seoul-based South and North Development Institute (SAND Institute), which works with North Korean defectors, obtained the recording and distributed it to media outlets. Meanwhile, living standards are far higher in South Korea, which has become one of world’s top economies. “You can see how wary the North Korean regime is about spreading and watching Korean dramas. For instance, South Korean women often use the term “oppa” for their romantic partners – it’s now forbidden in the North.

Persons: “, Kim, Choi Kyong, ” Choi, – it’s Organizations: South Korea CNN, North Development, North, Korea’s National Intelligence Service, CNN, South, NIS Locations: Seoul, South Korea, Korean, North Korea, China, South, South Korean, Pyongyang, North Korean

☆ Russia’s Putin to visit North Korea soon, state media says
▼ + stars: | 2024-01-22 | by ( Brad Lendon | ) edition.cnn.com time to read: +3 min

Seoul, South Korea CNN —Russian President Vladimir Putin plans to visit Kim Jong Un soon, North Korean state media reported Sunday, the latest sign of increasing cooperation between the two authoritarian leaders as war rages in Ukraine and military tensions increase in East Asia. Putin thanked Kim for an invitation to visit Pyongyang and pledged to go there “at an early date,” the report from the Korean Central News Agency (KCNA) said. Kremlin spokesperson Dmitry Peskov said the dates for Putin’s visit to North Korea were still being discussed through diplomatic channels and would be announced later, Russian state-run news agency TASS reported. During that visit, Kim praised Russia for standing up to “hegemonic forces” with its war in Ukraine, while Putin signaled a willingness to assist North Korea in developing its space and satellite programs. According to the US Defense Department, Russia has twice in the past month fired North Korean-made missiles at targets in Ukraine.

Persons: Vladimir Putin, Kim Jong Un, Putin, Kim, Dmitry Peskov, Choe Son Hui, Sergey Lavrov, ” KCNA, Kim Jong, ” Organizations: South Korea CNN —, Korean Central News Agency, North Korean Foreign, Russian, TASS, CNN, North Korean, US Defense Department, South, US, People’s Assembly Locations: Seoul, South Korea, North Korean, Ukraine, East Asia, Pyongyang, North Korea, Russian, Moscow, Northeast Asia, Russia, Korea, United States

☆ A rare North Korean video shows teenagers sentenced to 12 years of hard labor for watching South Korean 'K-dramas'
▼ + stars: | 2024-01-20 | by ( Alia Shoaib | ) www.businessinsider.com time to read: +4 min

A video shows two North Korean teenage boys being sentenced to hard labor for watching K-dramas. AdvertisementRare video footage shows two teenage boys being sentenced to 12 years of hard labor for watching K-dramas, which are South Korean TV shows. In North Korea, viewing or distributing foreign media, especially from South Korea, is considered a serious offense. 🚨🇰🇵RARE FOOTAGE FROM NORTH KOREA: TEENS PUNISHED FOR WATCHING SOUTH KOREAN TVChilling footage from North Korea allegedly shows two teenage boys handcuffed in front of hundreds of students and sentenced to 12 years of hard labor for watching South Korean 'K-dramas.' One North Korean defector told the BBC that punishment is harsher for watching South Korean media compared with other foreign media.

Persons: —, 🚨🇰, CnEO6HL —, sy Organizations: Service, South, BBC Locations: Korean, North Korea, South Korean, South Korea

☆ North Korea claims to test underwater nuclear-capable drone after US, South Korea and Japan show off naval might
▼ + stars: | 2024-01-19 | by ( Brad Lendon | Gawon Bae | ) edition.cnn.com time to read: +5 min

Seoul, South Korea CNN —North Korea on Friday claimed it had successfully tested an underwater nuclear weapons system earlier this week in response to naval drills by the United States, South Korea and Japan. North Korean state media on Friday did not show evidence for the success of the latest test, but warned the US, South Korea and Japan of the “catastrophic consequences” of their actions. Warships from South Korea, the US and Japan perform a trilateral exercise in the waters south of Jeju between January 15 and 17, 2024. South Korea's Defence MinistryAnalysts say it all points to an even more intractable North Korea. “If North Korea’s artillery fire near the inter-Korean maritime border was just part of routine training, it would be less concerning.

Persons: ”, Carl Vinson, KCNA, Kim Jong Un, Kim, Kim Jong, Kim ramped, Staff Kim Myung, Leif, Eric Easley, Easley Organizations: South Korea CNN, Korea Central News Agency, JS Hyūga, Korea’s, Chiefs, Staff, Warships, Korea's Defence, US Navy, Fleet, People’s Assembly, CNN Relations, South Korean Joint Chiefs, Korea's Defence Ministry Analysts, Ehwa University Locations: Seoul, South Korea, North Korea, United States, Japan, Korean, Pyongyang, Jeju, U.S, Republic of Korea, Korea, KCNA, North, “ Pyongyang

☆ Elon Musk is about to find out if ultimatums really work
▼ + stars: | 2024-01-18 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, we're looking at the ultimatum Elon Musk gave Tesla's board amid a critical time for the company. The big storyElon's ultimatumREUTERS/Steve NesiusUltimatums rarely work in relationships, but what about between CEOs and the massive companies they run? Elon Musk is about to find out. Musk, who has roughly a 13% stake in the EV maker, said if his request isn't met, he'll "prefer to build products outside of Tesla." Meanwhile, Ross Gerber, a longtime Tesla bull, said it's "absurd" to think Musk doesn't already have control over Tesla and described his request as "blackmailing the Tesla shareholders."

Persons: —, Antony Blinken, Elon Musk, Steve Nesius Ultimatums, Elon, isn't, didn't, Wedbush's Dan Ives, Musk's, Ross Gerber, Tesla, Dow Jones, George Glover, That's, cowering, Caspar Benson, Jamie Dimon, dory, Trump, Ray Dalio, Biden, Evan Spiegel's, Hokyoung Kim, They've, Kristen Stewart, Christopher Nolan, Maite Alberdi, Celine Song, Eugene Lee Yang, Dave Bautista, Kevin Costner, Estelle, AA Milne, Jay Chou, Jennifer Ortakales Dawkins Organizations: Service, Boeing, Business, Tesla, EV, Apple, Microsoft, Nvidia, Getty, Intellia Therapeutics, Shoals Technologies, JPMorgan, Biden, Bridgewater Associates, Trump, Alliance, Helicopter, BI, Sundance, Northern Trust Locations: Switzerland, Tesla, Northern

☆ Kim Kardashian's office has a tanning bed, a 3D model of her brain, and a mannequin with her exact body measurements
▼ + stars: | 2024-01-18 | by ( Eve Crosbie | ) www.businessinsider.com time to read: +3 min

Kim Kardashian gave her followers a look inside her luxurious SKNN BY KIM headquarters. It has custom-made curiosities like a 3D model of her brain, and a mannequin with her measurements. It also features a museum-like "shrine" to her products, an amphitheater, and a treatment room. AdvertisementNext up, Kardashian shows another room that features "a big TV wall" that plays her "beauty campaigns on loop." Kim Kardashian has 3D models of her brain and her plane on her desk.

Persons: Kim Kardashian, —, Kardashian, she's, Kim, Rick Owens, KIM Organizations: Service, YouTube Locations: TikTok

☆ After a rough run, North Korea could at last find itself 'sitting pretty' in the new year with both Russia and China courting it, Korea watcher says
▼ + stars: | 2024-01-16 | by ( Chris Panella | ) www.businessinsider.com time to read: +7 min

The result could be a very fortunate 2024 for North Korea, one in which Russia and China are both chasing after its attention. In that case, North Korea could be "sitting pretty," a top Korea watcher said last week. North Korea leader Kim Jong Un observes artillery fire competition in North Korea. North Korean military cadets hold a North Korean leader Kim Jong-Il's flag during a perform of the Arirang festival which is a part of commemorations marking the 60th anniversary of the Workers' Party of North Korea on October 6, 2005, in Pyongyang, North Korea. North Korea, on the other hand, has criticized, sometimes openly, China's disapproval of its testing of intercontinental ballistic missiles.

Persons: —, Donald Trump, Victor Cha, Cha, Kim Jong Un, Vladimir Putin, Kim, North, Kim Jong, SAUL LOEB, Chung Sung, there's, Xi Jinping, Xi, Donald Trump's, Trump, Putin, MIKHAIL METZEL Organizations: Service, Business, Democratic People's, Center for Strategic, International Studies, CSIS, The Capital, North, Trump, Asian Affairs, White, National Security Council, REUTERS, Metropole, Getty, White House, Putin, Korean, Workers ' Party of North, Vostochny Locations: Russia, Ukraine, North Korea, China, Korea, Democratic People's Republic of Korea, COVID, Asia, Hanoi, North, Korean, Workers ' Party of North Korea, Pyongyang, Beijing, Amur

☆ North Korea’s Kim vows to dismantle father’s unification arch as he declares South Korea ‘principal enemy’
▼ + stars: | 2024-01-16 | by ( Brad Lendon | Gawon Bae | ) edition.cnn.com time to read: +6 min

The Kim family, beginning with Kim Il Sung, has ruled North Korea since its post-World War II founding in 1948. It symbolizes the efforts of Kim Jong Il and Kim Il Sung to set guidelines for uniting North and South Korea. South Korea not backing offOn Tuesday, South Korean leader Yoon Suk Yeol said his government will not be cowed by Kim’s latest threats. “If North Korea provokes, we will punish them multiple times as hard,” Yoon said at a Cabinet meeting in Seoul. Yoon, who has taken a much harder line on North Korea than his predecessors, said the South’s quarrel was with the Kim regime, not the people of North Korea.

Persons: Kim Jong Un, ”, Kim, Kim Jong Il, Kim Il, Kim Il Sung, “, Kim Jong, Jeong Eun, National Reunification ’ …, ’, ” Kim, KCNA, Leif, Eric Easley, “ Kim, ” KCNA, Yoon Suk Yeol, ” Yoon, Yoon Organizations: South Korea CNN — North, People’s Assembly, North Korean, Korea Institute for National Unification, National Reunification, Ehwa University, Democratic People’s, North, CNN, National Economic Cooperation Bureau, Kumgangsan, Tourism Administration, ROK, DPRK, United Nations, NLL Locations: Seoul, South Korea, Pyongyang, North Korea, North, Democratic People’s Republic of Korea, DPRK, North Korea’s, Republic of Korea, Korean, Korea, South

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