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CNN —North Korea is expanding a weapons plant that manufactures missiles used by Russia against Ukraine, according to new research from a US-based think tank. Located in the country’s second-largest city, Hamhung, the factory has been visited several times by North Korean leader Kim Jong Un, with North Korean state media previously touting its mass-production of tactical missiles. Attacks on Ukraine with KN-23 missilesRussia has fired about 60 North Korean KN-23 missiles (Hwasong-11A) at Ukraine this year. And strikes using North Korean missiles have killed at least 28 people and injured 213 this year, the Ukrainian prosecutor general told CNN last week. Moscow and Pyongyang have both previously denied that North Korea has exported weapons to Russia, despite significant evidence of such transfers.
Persons: James Martin, Kim Jong Un, Sam Lair, Lair, they’re, , CNN’s Helen Regan, Daria Tarasova, Nick Paton Walsh, Victoria Butenko Organizations: CNN, Ukraine, James, James Martin Center, Nonproliferation Studies, Middlebury Institute of International Studies, North, Center, Planet Labs, Planet Labs PBC, Nonproliferation, North Korean, Russia, Korean, Ukraine’s, Corruption Locations: North Korea, Russia, Hamhung, North Korean, Ukraine, Moscow, Pyongyang, Western, Korea, United States, Netherlands, United Kingdom, Kursk
CNN —MMA fighter Conor McGregor, who lost a civil rape case on Friday, has said he will instruct his legal team to appeal the verdict, as large crowds in Dublin showed support to the woman involved in the case. McGregor was accused of raping Nikita Hand in a Dublin hotel room in 2018. On Friday, a civil court jury awarded Hand nearly 250,000 euros (roughly $263,600), after finding McGregor liable for assault, according to the Courts Service in Ireland. Brian Lawless/PA WireDuring the trial, McGregor maintained he never forced Hand to do anything against her will and said she fabricated the allegations after the two had consensual sex, according to the AP. Posting pictures of the protest, Fingal County councilor Ruth Coppinger wrote on X: “Huge questions over DPP turning down cases of #genderviolence.
Persons: Conor McGregor, McGregor, Nikita Hand, Hand, I’ll, , Freya, ” Nikita, Brian Lawless, ” McGregor, Ruth Coppinger Organizations: CNN, Service, Associated Press, Court, AP, DPP Locations: Dublin, Ireland, Irish, Fingal County
AdvertisementPhotojournalist Gary He has visited McDonald's restaurants in more than 55 countries. He dined at McDonald's locations with distinct architecture and unique local integration. Most McDonald's locations around the world follow a familiar design: red and white branding topped with golden arches. Since 2019, He has traveled to over 55 countries and dined at more than 100 McDonald's restaurants. AdvertisementHere are five unique McDonald's locations that He recommends fans of the brand must visit.
Persons: Gary Locations: Sweden, Batumi , Georgia, Italy
Gavin Newsom plans to revive California's EV rebate if Trump ends the federal tax credit. Tesla sales in California, the US's largest EV market, have recently declined even as overall EV sales in the state have grown. Elon Musk, who has expressed support for ending the federal tax credit, said in an X post it was "insane" for the California proposal exclude Tesla. The federal electric vehicle tax credit, which was passed as part of the Biden administration's Inflation Reduction Act in 2022, provides a $7,500 tax credit to some EV buyers. The Tesla CEO said on an earnings call in July that ending the federal tax credit might actually benefit the company.
Persons: Gavin Newsom, Tesla, Elon Musk, Donald Trump, Newsom, Trump, He's, Musk, Graham Rapier, Organizations: Trump, California Gov, Trump Administration, Reduction Fund, Bloomberg News, Business, Car Dealers, EV, Hyundai, BMW, Biden, Department of Government Locations: California, Trump's
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNew homes sales in October could be the exception rather than the rule, says ICE's Andy WaldenAndy Walden, vice president of enterprise research at ICE, joins CNBC's 'The Exchange' to discuss outlooks on new home sales, the real estate market, and more.
Persons: Andy Walden Andy Walden Organizations: ICE
Shoppers walk along 5th Avenue on Black Friday in New York, US, on Friday, Nov. 25, 2022. Bloomberg | Bloomberg | Getty ImagesRetailers hype Black Friday sales, and it works. According to WalletHub's 2024 Best Things to Buy on Black Friday report, 41% of items at major retailers offer no savings compared with their pre-Black Friday prices. What not to buy on Black FridayTypically, Black Friday is a great time to find rock-bottom prices on fall clothing — including flannels, denim, coats and accessories — as well as televisions and consumer electronics. In-store Black Friday spending is expected to grow by 7.3 per cent in the UK this year.
Persons: Andrea Woroch, PIRG, Etsy, Adam Davis, Davis, Lauren Beitelspacher, Lululemon, Woroch, Leon Neal Organizations: Bloomberg, Getty, National, Wells, Wells Fargo Retail Finance, Finance, Babson College, Nike, Day, Labor, Oxford Circus Locations: New York, R.J, Wells Fargo, Oxford
CNN —Former Argentina captain Javier Mascherano will be Inter Miami’s new head coach, the club announced on Tuesday. Mascherano will reunite with legendary forward Lionel Messi, who he played alongside for the national team and spent almost eight years with at Barcelona. This will be Mascherano’s first senior managerial position, having previously coached the Argentina Under-20 national team. “To be able to lead a Club like Inter Miami is an honor for me, and a privilege I will strive to make the most of. I was drawn to the organization’s undeniable ambition, and the infrastructure it has to support it,” Inter Miami’s new head coach said in Tuesday’s statement.
Persons: Javier Mascherano, Mascherano, Lionel Messi, Gerardo Martino, , David Beckham, Javier, ” Beckham, Messi, Jordi Alba, Luis Suárez, Sergio Busquets, Grigory Dukor, Reuters Mascherano Organizations: CNN, Argentina, Inter, Inter Miami, ” Inter, ” Inter Miami, , Miami, Buenos, Brazilian, Corinthians, English, Liverpool, Catalan, Spanish La Liga, Copa del Rey, Champions League, Reuters, Chinese Super League, Hebei, Hebei China Fortune, Estudiantes, Messi, Major League Soccer, FIFA Club, MLS, Atlanta United Locations: Barcelona, Argentina, France, Buenos Aires, West Ham, Hebei China
CNN —With a Hezbollah-Israel ceasefire on the horizon, an 18-year-old United Nations resolution has resurfaced as a blueprint for ending the war. The 60-day cessation of hostilities aims to implement UN Security Council Resolution 1701, with the hope that it could form the basis of a lasting truce. Resolution 1701 was adopted to end a 34-day war between Israel and Lebanon in 2006, and had kept relative calm in the area for nearly two decades. Here’s what we know about the resolution and why it is critical to a ceasefire between Israel and Lebanon. In 2000, the UN established the so-called Blue Line, a “line of withdrawal” for Israeli forces from Lebanon.
Persons: Benjamin Netanyahu’s, Israel, United States –, State Condoleezza Rice, Cesar Mayoral, Stephen Chernin, , , Rabih Daher, Chris McGrath, Bezalel Smotrich, Najib Mikati, Nabih Berri, Amal, Matthew Miller Organizations: CNN, Nations, UN, Lebanese, United, UN Interim Force, State, UNIFIL, Hamas, Getty Locations: Israel, Lebanon, United States, Beirut, Palestinian, Iran, Syria, , New York City, Gaza, Lebanese, Marjeyoun, AFP, Aadaysit, Kafarkila
Agility Robotics is hoping to deploy them across industries like grocery, automotive, and pharma. AdvertisementDigit is Agility Robotics' mobile manipulation humanoid robot. It competes with the likes of Apptronik, which is working with NASA on humanoid robots, and Boston Dynamics, which has created humanoid robots called Atlas that it says can run and jump over obstacles, as well as perform factory-worker tasks. Agility Robotics' humanoid robots are permitted to work only inside a specific, cordoned-off space separate from human workers. Agility Robotics takes a similarly cautious approach to its application of artificial intelligence, which is deep in the hype stage.
Persons: Peggy Johnson, it'd, Johnson, GXO, Ford, , ChatGPT, doesn't Organizations: Robotics, pharma, Silicon, Agility Robotics, Deloitte, Bureau of Labor Statistics, Digit, GXO Logistics, Mobile, Ford Amazon, Agility, NASA, Boston Dynamics, Gallup, Microsoft, Qualcomm Locations: Lisbon
Several new "matchmaking" dating apps have launched in the past year, addressing dating-app fatigue. Matching and matches are everyday phrases in the online dating app lexicon. Sitch, an AI-powered matchmaking app launched in New York in November. Big dating apps have previously dabbled in matchmaking. Sitch"We've tried to replicate the exact human flow of matchmaking," Sitch cofounder Nandini Mullaji — who has experience in matchmaking friends of friends IRL — told BI.
Persons: Sean Rad, Harry Stebbings, Lian, Adam Zucker, Ram Chirimunj, Zoe Mazakas, Chirimunj, Sahil, Ahuja, We've, Nandini Mullaji —, Sitch, Alex Weitzman, Nick Rosen, Rosen Organizations: Facebook, Match Group, IRL, New, New York City Locations: New York, swiping, New York City
Thanksgiving week has arrived, and several early Black Friday sales have launched, including the Max Black Friday deal. View at Max What we like Check mark icon A check mark. The free (for now) B/R Sports Add-on includes TNT and TBS gamesCheck mark icon A check mark. Big selection of unscripted content from Discovery PlusCheck mark icon A check mark. Some shows and movies are being removed with little warningFAQWho is eligible for the Max Black Friday deal?
Persons: Max, Max Black, Max isn't, Harry Potter, you've, you'll Organizations: Business, HBO, Warner Bros, TNT, TBS, Black, Disney Plus, Hulu Locations: Turkey
AdvertisementDonald Trump said he would impose 25% tariffs on Canadian and Mexican exports to the US. The US is a big buyer of products from Canada and Mexico, particularly in the energy and auto sectors. Canadian energy exports to the US were worth $128 billion last year. Mexico worth $379 billion worth of exports to the US in the first nine months of this year, with Canadian exports topping $309 billion, the data shows. AdvertisementWilbur Ross, who served as Commerce Secretary in Trump's first administration, told CBC earlier this month he didn't expect the incoming president to tax Canadian energy imports.
Persons: Donald Trump, Nigel Green, Wilbur Ross, Ross, Tesla, Elon, BYD, Trump Organizations: US, Canadian, deVere, Energy, CBC, Toyota, Nissan, Honda, Elon Musk's, Street, Machinery, . Locations: Canada, Mexico, China, Europe, Asia, . Canada
By corporate America's (sometimes dubious) telling, AI is basically the answer to everything, including customer service. A recent Gartner survey found that nearly two-thirds of customers prefer that companies don't use AI for customer service. Related storiesEven setting aside the cost savings for companies, there are clear reasons that AI should be a good fit for customer service. "We know that there are certain aspects of customer service that AI is doing well. What's more, if every company has a mediocre AI experience, the bar might just be lowered across the board.
Persons: I've, I'm, It's, it's, Karen, I'd, Michelle Schroeder, don't, Michelle Kinch, that's, aren't, Keith McIntosh, They're, they're, Kinch, Jason Maynard, Chris Filly, Maynard, Jeff Gallino, Rodney Zemmel, they'll, , Gallino, Schroeder, We've, Emily Stewart Organizations: Corporations, Dartmouth's Tuck School of Business, Gartner, Companies, Asia Pacific, FedEx, Fortune, Santander, Siemens, McKinsey, Delta, Filly, Alexa, Business Locations: North America, Asia, Zendesk, Callvu, PolyAI
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTrump’s tariff threats signal the start of a wild ride in currency markets, Goldman strategist saysKamakshya Trivedi, head of global foreign exchange, interest rates and emerging markets strategy research at Goldman Sachs, discusses the outlook for currency markets after President-elect Donald Trump pledges to implement tariffs on Mexico, Canada and China.
Persons: Goldman, Kamakshya Trivedi, Goldman Sachs, Donald Trump Locations: Mexico, Canada, China
AdvertisementBritish Airways unveiled its new first-class cabin on Monday. Business Insider was among the first to see inside the upgraded suite. It has a sleek, modern design and a touchscreen for flight attendants. After unveiling its updated short-haul interior in March, BA showed off its new first-class cabin at its London headquarters on Monday. Business Insider was among the first people to see inside the new suite.
Persons: it's Organizations: British Airways, Singapore, Airbus, Concorde, Business Locations: London
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailKevin McCarthy on ALFA Institute launch: Whoever captures AI in quantum really captures the futureFormer House Speaker Kevin McCarthy joins 'Squawk Box' to discuss the launch of his ALFA Institute, a new group aimed at advocating for pro-technology proposals.
Persons: Kevin McCarthy Organizations: ALFA Institute
AdvertisementKoyaana Redstar, a vintage luxury handbag expert, swears by resale handbags. She said she bought a Chanel Boy bag for $2,050 in 2015 and sold it for $2,000 in 2024. AdvertisementI swear by resale, just because your return on investment is always going to be higher if you buy resale and sell resale, versus buying at retail price and then selling it off. A black leather Chanel Boy handbag. But don't buy designer handbags just to resell themLuxury handbags from Bottega Veneta and Hermes.
Persons: Koyaana Redstar, I've, Edward Berthelot, Louis Vuitton, MIGUEL MEDINA, Hermes, Jeremy Moeller, consigners Organizations: Luxe, Rebag, Getty, Bottega Locations: Rebag, Paris, France, AFP, Bottega Veneta
The Israeli military also told entire towns in southern Lebanon to evacuate, including Naqoura, where a United Nations peacekeeping force is based. The cease-fire proposal, mediated by American and French diplomats, would start a 60-day process during which both sides would stop fighting and withdraw from southern Lebanon. Israel has sought guarantees from the United States that it would have U.S. support to send troops back into southern Lebanon if Hezbollah violated the arrangement. Hezbollah’s leader, Naim Qassem, suggested last week that the group would accept a truce if Israel stopped striking Lebanon and Lebanon retained its sovereignty. The cease-fire would officially be an agreement among Israel, Lebanon and the mediating countries, including the United States.
Persons: Benjamin Netanyahu, Netanyahu, Mr, Naim Qassem, Israel, Hassan Nasrallah, Jack Nicas, Myra Noveck, Euan Ward Organizations: Lebanese, United Nations, Lebanese Army Locations: Lebanon, Beirut, Tel Aviv, Israel, United States, States, Jerusalem
BBY YTD mountain Best Buy YTD These were not the results we wanted from Best Buy, but they are the numbers we had expected. Best Buy stock below $80 would push the dividend yield up to just under 5% — a nice payout for our patience. We still believe in the stock because Best Buy should benefit once mortgages drop and housing turnover picks up. Best Buy Why we own : We believe Best Buy will prove to be a go-to destination for consumers looking to upgrade hardware, much of which was purchased during Covid, to new AI-powered devices. In the Best Buy app, the company also launched the "Best Buy Gift Finder," an AI-powered gifting guide to help consumers find new products.
Persons: Jim Cramer, it's, Donald Trump, Jim, Corie Barry, Barry, Matthew Bilunas, Jim Cramer's, David Paul Morris Organizations: Revenue, LSEG, Target, Walmart, Amazon, Costco, Enterprise, Black, Microsoft, Meta, Management, CNBC, Bloomberg, Getty Locations: Tuesday's, Union City , California
Oil giant Chevron's discount relative to peers has created an attractive entry point, according to Citi. Chevron is up just 7.5% year to date, lagging the S & P 500's 25% advance in that time. Rival Exxon Mobil has also outperformed Chevron, up 20% in 2024. Syme forecasts the valuation gap between Chevron and Exxon Mobil to reach "a historically wide gap" of 20% as soon as 2026. If the arbitration panel rules in favor of Exxon, Chevron's merger deal with Hess, announced earlier this year, will not close.
Persons: Alastair Syme, Syme, Hess, CNBC's Michael Bloom Organizations: Citi, Chevron, Exxon Mobil, ExxonMobil, Exxon Locations: Chevron, Guyana, Namibia, Kazakhstan
AdvertisementDonald Trump has vowed to hit Mexico with a 25% tariff, which would affect automakers including Tesla. The threat of tariffs on Mexico has also put a $10 billion new factory proposed by Elon Musk in limbo. Musk backed Trump's election campaign and has been given a role to target wasteful government spending. The world's richest person praised Trump's proposed tariffs on Mexico and China in an X post on Monday, saying they would be "highly effective." Analysts told BI that the tariffs floated by Trump would deter automakers such as Tesla from investing south of the border.
Persons: Donald Trump, Tesla, Trump, Elon Musk, Donald Trump's, Alex Brandon, Musk, Trump's, Sam Fiorani, Fiorani, Ford, Stellantis, David Whiston, Scott Olson, BYD, Stella Li, Stephanie Brinley, Alanis King, Brinley Organizations: Truth, Elon, AP, Investment, UBS, Trump, AutoForecast Solutions, General Motors, GM, Ford, Getty, Toyota, Tacoma, Nissan, Volkswagen, EV, BYD, SAIC, Reuters, Street Journal, Chrysler, BMW, P Global, Toyota Tacoma Locations: Mexico, Monterrey, China, Detroit, United States, Cuautitlan, Toluca, San Luis Potosí
CNN —Researchers have discovered the residues of psychedelic drugs, bodily fluids and alcohol inside a 2,000-year-old mug, suggesting that ancient Egyptians imbibed hallucinogenic beverages during rituals. “Religion is one of the most fascinating and puzzling aspects of ancient civilizations,” Tanasi said in a statement. Researchers analyzed a 2,000-year-old Bes mug for chemical and DNA traces. Tanasi scanned the Bes mug to conduct a three-dimensonal study of the vessel. “Inebriation played an important ritual role in some ancient Egyptian festivals, especially festivals associated with the flooding of the Nile,” Barrett said.
Persons: , Branko van Oppen, Davide Tanasi, Tanasi, we’ve, , Bes, ” Tanasi, Cassidy Delamarter, ” van Oppen, Cassidy, Betsy Bryan, Alexander Badawy, Bryan, ” Bryan, Caitie Barrett, Barrett, “ Inebriation, ” Barrett, Hathor, “ Bes Organizations: CNN —, Tampa Museum of Art, Institute for Digital Exploration, University of South, Egyptian Art, Johns Hopkins University, Cornell Locations: Egypt, University of South Florida, Saqqara, Giza, Cornell University’s
AdvertisementKoyaana Redstar, a vintage luxury handbag expert, swears by resale handbags. She said she bought a Chanel Boy bag for $2050 in 2015 and sold it for $2000 in 2024. I paid $2,050 for it in 2015 at Rebag, a luxury resale company. A black leather Chanel Boy handbag. But don't buy designer handbags just to resell themLuxury handbags from Bottega Veneta and Hermes.
Persons: Koyaana Redstar, I've, Edward Berthelot, Louis Vuitton, MIGUEL MEDINA, Hermes, Jeremy Moeller, consigners Organizations: Luxe, Rebag, Getty, Bottega Locations: Rebag, Paris, France, AFP, Bottega Veneta
And while these larger social media platforms still dwarf Bluesky, the startup now has more than 22 million users and is not showing any signs of slowing down. Bluesky had experienced a previous surge in July 2023 after X, then still named Twitter, temporarily limited the number of posts users could read per day. Just days before Musk officially took over Twitter, the Bluesky team publicly unveiled more details about their project and rolled out a waitlist for the Bluesky app. Despite Bluesky starting as a side project within Twitter, the startup has lost its last connection to the original micro-blogging app. Bluesky is looking for ways to support the users "who are actually the ones making the network awesome and fun," Wang said.
Persons: Rose Wang, Elon Musk's, Bluesky, Wang, David Carr, Carr, Jay Graber, Jack Dorsey, Jay, Graber, Daniel Holmgren, Paul Frazee, Dorsey, Parag Agrawal, Musk, Nostr, Jack, we're, Mark Zuckerberg, Jack Johnston, Johnston, Gen, That's, It's, Similarweb's Carr Organizations: Twitter, CNBC, Brazilian Supreme, Google, Yahoo, Myspace, Facebook, Anthropic, Delaware State, PBLLC, Bluesky, Blockchain Capital, Blockchain, cryptocurrency Locations: Brazil, San Francisco
The US Department of Commerce announced the grant, part of the CHIPS Act, on Tuesday. President-elect Donald Trump has criticized the CHIPS Act in favor of tariffs. Intel is receiving about $7.9 billion in federal grants, the US Department of Commerce said Tuesday, as the Biden administration finalizes CHIPS Act agreements ahead of Donald Trump taking office. President-elect Trump has previously criticized the CHIPS Act and suggested he would prefer tariffs to incentivize semiconductor manufacturing on US soil. The CHIPS Act cash will help Intel boost its semiconductor production in the US.
Persons: Biden, Donald Trump, Joe Biden's, Trump, Gina Raimondo, Pat Gelsinger Organizations: Intel, US Department of Commerce, Department of Commerce, New York Times, Bloomberg, Street, Qualcomm Locations: Arizona , New Mexico , Ohio, Oregon
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