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Ukraine's defense ministry issued a recall of 120mm artillery shells this week, citing defects in a recently delivered batch of rounds. The defective 120mm rounds — light artillery shells that Ukraine typically uses in mortars — were first reported in early November by Censor.Net, a local media outlet run by journalist Yuriy Butusov. Ukroboronprom and the Ukrainian Defense Ministry did not respond to requests sent outside regular business hours by Business Insider. Globally, Ukraine's allies have also struggled to quickly scale up production of artillery shells. On November 19, Ukrainian President Volodymyr Zelenskyy said domestic factories had produced 2.5 million artillery shells and mortar rounds in 2024 alone.
Persons: Censor.Net, Yuriy Butusov, Yuriy Nikolov, Ukroboronprom, Suspilne, Volodymyr Zelenskyy Organizations: Factory, Local, TSN, NATO, Ukroboronprom, Ukrainian Defense Ministry, Business, Suspilne Locations: Ukraine, Ukrainian
CNN —Syrian rebels have launched a large-scale attack on regime forces in western Aleppo, according to a Free Syrian Army source and local residents, marking the first major flare-up in years between both sides. Rebels seized 13 villages, including the strategic towns of Urm Al-Sughra and Anjara, as well as Base 46, the largest Syrian regime base in western Aleppo, according to a Wednesday statement by opposition factions. It added that 37 people from the regime forces and allied militia were killed in the offensive. Wednesday’s surprise attack marks the first significant conflagration between Syrian rebels and the regime since March 2020, when Russia and Turkey mediated a ceasefire agreement in the country. The opposition factions conducting the offensive range from Islamic groups to the moderate Free Syrian Army, which was previously supported by the US and Turkey.
Persons: Bashar al, Assad, , Russia – Organizations: CNN, Free Syrian Army, Assad . Rebels, Military Operations Command, United Nations Locations: Aleppo, Syrian, Urm, Russia, Turkey, Anjara, , New Aleppo, Syria, Saudi Arabia, Iran, United States
AdvertisementUS President-elect Trump announced sweeping tariffs on Mexico, Canada, China, impacting global markets and currencies. Some analysts see Trump's tariff threats as leverage for countries to comply with the President-elect's wishes. President-elect Donald Trump has two months until he takes office, but he's already dishing out orders — and shaking the markets. Trump wrote. Trump jolted global markets, but the reaction was 'benign'Trump's announcements surprised global markets, with the Canadian dollar and the Mexican peso losing ground against the US dollar.
Persons: elect's, Donald Trump, , Trump, George Saravelos, Saravelos, Dave Townsend, Dorsey, Whitney, Townsend, Nick Marro, Marro, Goldman Sachs Organizations: Trump, Canadian, greenback, Deutsche Bank, Economist Intelligence Locations: Mexico, Canada, China, Trump, Asia
Patagonia's sales soared during the pandemic. A Patagonia spokesperson told BI that it uses less air freight now than it did before the pandemic. Related storiesThe Patagonia spokesperson said it had been tricky to navigate the demand for instant gratification. Adams recalled that at an event in about 2013 in Idaho, Chouinard seemed shocked at how large Patagonia's sales representatives' trucks were. Several people said the 72-hour deadline for CX employees was insufficient to make such a major life decision.
Persons: Yvon Chouinard, Chouinard, It's, Vincent Stanley, Alan Adams, Adams, Robert F, Campbell Brewer, , Stanley, Nick Helmreich, Helmreich, who's Organizations: Patagonia, AP, Workers, Patagonia's, BI, Washington Post Locations: Patagonia, Montana , Wyoming, Alaska, California, Freeport , Maine, AP Patagonia, Idaho, Ventura , California, Reno , Nevada, Patagonia's Reno
CNN —The Los Angeles Dodgers have reportedly agreed to a $182 million contract with two-time Cy Young Award winner Blake Snell, according to multiple outlets, including The Athletic and the Associated Press. His average of 11.2 strikeouts per nine innings is the highest ever recorded in major league history. Snell is also one of only seven pitchers to have won the Cy Young Award in both the American League and National League, having collected the award in 2018 with the Tampa Bay Rays and in 2023 with the San Diego Padres. The Dodgers reportedly made a move for Snell following his success in San Diego, but the Seattle native eventually ended up with the San Francisco Giants in mid-March of 2024. No franchise has won consecutive Commissioner’s Trophies since the New York Yankees picked up three in a row between 1998 and 2000.
Persons: Cy Young, Blake Snell, Yoshinobu Yamamoto, Tyler Glasnow, Shohei Ohtani, Tommy John, Snell, Yamamoto Organizations: CNN, Los Angeles Dodgers, Athletic, Associated Press, Dodgers, MLB, Cy, American League and National League, Tampa Bay Rays, San Diego Padres, The Dodgers, San Francisco Giants, Cincinnati Reds, AP, Ohtani, New York Yankees Locations: San Diego, Seattle, Los Angeles
What’s a Democratic Billionaire to Do Now?
  + stars: | 2024-11-27 | by ( Theodore Schleifer | ) www.nytimes.com   time to read: +1 min
In the weeks after Election Day, one of the biggest donors in the Democratic Party, the LinkedIn co-founder Reid Hoffman, has considered what would once have been unthinkable for a billionaire who often talks about his patriotism. Leaving the United States. Mr. Hoffman, who has spent hundreds of millions of dollars on politics over the last few years, has told friends and allies that he is weighing a move overseas, according to three people with knowledge of the talks who insisted on anonymity to discuss private conversations. Mr. Hoffman, who declined to comment through a spokeswoman, has helped pay for some of the most aggressive private litigation against Donald J. Trump, and he is worried about retribution from a president who has promised to go after his political opponents, including major Democratic donors. While Mr. Hoffman’s reaction is dramatic — and it’s unclear how much moving abroad would protect him or his assets from Mr. Trump’s wrath — he is hardly alone in a liberal big-money world still stunned by Vice President Kamala Harris’s defeat.
Persons: Reid Hoffman, Hoffman, Donald J, Trump, Kamala Harris’s Organizations: Democratic Party, LinkedIn Locations: United States
AdvertisementDespite the democratization of music in the streaming era, it's still very expensive to record an album. Although many artists are forgoing record labels, it's nearly impossible to become a superstar without one. When I did my album, I don't even know how much the producers got paid — it just was done," Chinouriri says. Advertisement"I don't know how I'd be able to do all of this and then have to think of the cost," Chinouriri adds. "I don't know how Raye does it, I don't know how Tinashe does it.
Persons: it's, yearn, Raye, Tinashe, Lizzie Widhelm, You've, there's, Donald Passman, everybody's, They'll, Passman, Long, Derek White, who's, Rihanna, Kelly Clarkson, Alexis, Rachel Chinouriri, would've, Chinouriri, I've, she's, I'd, Tinashe's, they've, Solitro Organizations: Music, Spotify, The Recording Academy Muni, Fifth Harmony, Apple, Parlophone, Atlas Artists, Polydor, RCA Locations: Atlanta, London
His first major global brouhaha since winning reelection posed the following questions that will help define the character of his second term. There’s no guarantee that Canada, Mexico and China will back down immediately. Trump’s trade war rhetoric is a reminder that in his worldview, the United States has few friends — only adversaries against whom it can choose to win or lose. The prime minister therefore has a huge incentive to avoid a trade war that could cause havoc in the Canadian economy. Initial reaction to Trump’s broadside against Canada and Mexico suggests that many observers see his outburst as a negotiating tactic.
Persons: Donald Trump, Trump, he’s, Pete, George W, Bush’s, , “ Trump, Elon Musk, Justin Trudeau, Claudia Sheinbaum, , Trudeau, Pierre Poilievre, Sen, Marco Rubio, Xi Jinping, , Gerry Connolly Organizations: CNN, Trump, Central ”, Elon, Conservative Party, Trade, North American Free Trade Locations: Canada, Mexico, China, United States, NATO, Russia, Ottawa, Canadian, Washington, Beijing, Europe, Ukraine
The New Zealand dollar rose after the Reserve Bank of New Zealand cut benchmark rates by 50 basis points to 4.25% while noting that inflation had declined to near the mid-point of its targeted range. "This uncertainty can lead markets to 'sell first and ask questions later' which is a positive for the USD." The Australian dollar was mostly flat at $0.64755 after domestic consumer price inflation stayed at a three-year low in October. In cryptocurrencies, bitcoin was trading at $91,795, keeping well below the record high of $99,830 it touched last week. It has climbed more than 40% since the U.S. election on expectations Trump will loosen the regulatory environment for cryptocurrencies.
Persons: Donald Trump's, Trump's, Trump, Carol Kong, Joe Biden, Scott Bessent, bitcoin, Bitcoin Organizations: U.S, New Zealand, Reserve Bank of New, jittery, Commonwealth Bank of Australia, Canadian, Treasury, Trump Locations: Reserve Bank of New Zealand, Canada, Mexico, China, United States, U.S, Israel, Iran, France, Israeli, Trump's
The domestic box office is poised for its biggest Thanksgiving haul since the pandemic thanks to a Polynesian princess, a pair of witches and a revenge-fueled gladiator. Disney's "Moana 2" is set to hit theaters Wednesday and generate between $120 million and $150 million in box office receipts in the U.S. and Canada through Sunday. Box office analysts believe the five-day Thanksgiving weekend, which runs from Wednesday to Sunday, should easily clear $200 million in ticket sales and could even become the second- or third-highest Thanksgiving period in cinematic history. After ruling the Thanksgiving box office for years with titles from Pixar and Disney Animation, it's failed to live up to expectations with its recent string of releases. In 2016, "Moana" opened over the Thanksgiving holiday, generating $82.1 million.
Persons: It'll, Universal's, Shawn Robbins, that's, Ralph, Paul Dergarabedian, it's, Coco Organizations: Fandango, Pixar, Disney Animation, Disney, Comcast, CNBC Locations: U.S, Canada, Comscore, NBCUniversal
Elon Musk and Vivek Ramaswamy will visit Capitol Hill to discuss government reform with Republican congressional leaders Dec. 5, House Speaker Mike Johnson, R-La., announced Wednesday. Johnson said the entrepreneurs will "discuss major reform ideas to achieve regulatory rescissions, administrative reductions, and cost savings" with GOP lawmakers. President-elect Donald Trump has named Musk and Ramaswamy co-chairs of a new outside advisory commission they have dubbed the Department of Government Efficiency (DOGE). Next week's planned meeting is the latest indication that Republican leaders in Congress are taking Musk and Ramaswamy seriously. Yet even the best efforts of Republican leaders in Congress may not be enough to enact many of these ideas.
Persons: Donald Trump, Elon Musk, Vivek Ramaswamy, Mike Johnson, Johnson, Ramaswamy, Musk, Spokespeople Organizations: SpaceX, Capitol, Republican, GOP, Department of Government Efficiency, White, Office of Management, Congress, Corporation for Public Broadcasting, Consumer Financial Protection Bureau, Tesla Locations: Brownsville , Texas, U.S
Learn moreCoach's high-quality leather bags have all the style and craftsmanship you'd expect from a luxury designer bag with more accessible and down-to-earth pricing. Now, during Coach's Black Friday sale, you can score major discounts up to 50% off on many of the brand's classic and trendy designs. Whether you're on the hunt for a logo top-handle bag or leather loafers, the brand's Black Friday deals have something for everyone. Where to find the best Black Friday Coach dealsShopping for more discounts today? Check out our roundup of all of the best Black Friday deals
Organizations: Business
The US government tracks what percentage of each car’s parts is made “domestically.” But under current trade law, both Canadian-made parts and US-made parts are counted as the same domestic content. “Yes, it’s America’s truck, assembled in America, but not with American parts,” Ivan Drury, director of insights for Edmunds, told CNN. Domestic parts could be tough to findFinding domestic supplies for many of the imported car parts would be difficult. Even if an American parts supply could be found, in most cases it would be more expensive. Fewer imported cars would raise all pricesTariffs on imported vehicles likely would also lead to higher prices on cars that are assembled here, since it would limit the supply of vehicles in the US market.
Persons: Donald Trump, Trump, aren’t, Bill Clinton, Bill Pugliano, Honda, , it’s, ” Ivan Drury, Edmunds, Jeff Schuster, GlobalData, , Drury, “ You’re Organizations: New, New York CNN, GM, Ford, Jeep, Dodge, Chrysler, Toyota, Honda, Tesla, Hyundai, Kia, Nissan, Mazda, Subaru, CNN, Chevrolet Blazer, Chevrolet Silverado Locations: New York, Mexico, Canada, American, United States, China, Lincoln , Alabama, Dearborn , Michigan, Michigan, Missouri, America, Saltillo , Mexico
He raised no substantive concerns about Trump’s proposals to deport migrants, despite Pope Francis making welcoming migrants a persistent theme of his pontificate. Simone Risoluti/Vatican Media/ReutersThe different responses point to the challenge facing Pope Francis and the Vatican as it seeks to navigate the second Trump presidency. Robert Nickelsberg/Getty ImagesTrump and Francis divided on key issuesNevertheless, Trump and Pope Francis’ visions couldn’t be further apart. While Trump proposes mass deportations of migrants, Francis describes driving migrants away as a “grave sin” and their exclusion “criminal”. While the Biden administration and the pope had their differences, Francis and the Catholic president had a warm relationship.
Persons: Donald Trump’s, Timothy Broglio, Broglio, Pope Francis, Cardinal Pietro Parolin, Trump, Parolin, , Volodymyr Zelensky, State Cardinal Pietro Parolin, Simone Risoluti, Francis, Kamala Harris, Joe Biden, Robert Nickelsberg, Pope Francis ’, couldn’t, Pope, Mike Pompeo, Fr, James Martin, Jose Luis Gonzalez, Harris, , JD Vance, ” Mary Jo McConahay, , McConahay, Reagan, Martin, John Paul II, Benedict XVI, ” Martin, Donald Trump, Melania, Alessandra Tarantino, ” McConahay, Francis ’, ” David Gibson, Gibson, It’s, Antony Blinken, Biden, Blinken Organizations: CNN, Catholic Church, United States Catholic Bishops ’, Word Television Network, Trump, Catholic, State, Vatican Media, Franciscan Friars, “ America, Reuters, Catholic Bishops, autocrats, Washington DC, Francis, Los, Religion, Culture, Fordham University Locations: Michigan, Pennsylvania, Arizona, Wisconsin, New York City, China, Vatican, Beijing, Ukraine, Mexico, Ciudad Juarez, Trump, Central America, Los Angeles, Fordham University , New York
CNN —The ceasefire agreement between Israel and Hezbollah is a major diplomatic breakthrough that follows 13 months of escalating conflict, upheaval and displacement in Lebanon. In that time, troops from both sides will retreat from southern Lebanon, while the Lebanese military and families who fled in recent months will move in. Israel’s forces must retreat beyond the so-called Blue Line, a “line of withdrawal” established by the UN in 2000 following 18 years of Israeli military occupation in southern Lebanon. Israeli aerial attacks have focused on the southern border regions of Lebanon, but have hit targets in the center and the north as well. Planet Labs PBC Planet Labs PBC Dozens of buildings were destroyed in Meiss al-Jabal, visible in satellite imagery provided by Planet Labs.
Persons: Israel, Benjamin Netanyahu Organizations: CNN, Lebanese, UN Security, UN, Planet Labs PBC Planet, Planet Labs, Planet Labs PBC Locations: Israel, Lebanon, Meiss al, Beirut
It's been a truism that Ukraine has needed the capability to strike the Russian rear for many years at this point." Related storiesA pattern of late aidThe US and other allies have been repeatedly criticized for slowness and hesitancy in giving Ukraine aid and permissions. One American fighting in Ukraine told BI, "It feels like everything that we've been getting has been either too late or it's just enough to barely hold on." AdvertisementA US Army Tactical Missile System (ATACMS) firing a missile into the East Sea during a South Korea-US joint missile drill. Savill said of Biden's missile decision that "the impact may be more political, albeit with a narrowing window of opportunity."
Persons: Joe Biden, Donald Trump, George Barros, It's, Lockheed Martin, Matthew Savill, Michael Bohnert, ISW, we've, Volodymyr Zelenskyy, There's, Barros, Putin, Bohnert, counterattacking, Savill, Ukraine Biden, Trump Organizations: MGM, Tactical Missile Systems, Lockheed, Storm, UK Ministry of Defence, Royal United Services Institute, Russian Defense Ministry Press Service, AP, Biden, Politico, Reuters, RAND Corporation, NATO, Army Tactical Missile, Korean Defense Ministry, Getty, Ukraine, Trump Locations: Ukraine, Russia, Russian, Kursk —, Ukrainian, Kursk, Russia's Kursk, South Korea
In pictures: Thanksgiving week in America
  + stars: | 2024-11-27 | by ( Brett Roegiers | ) edition.cnn.com   time to read: 1 min
Thanksgiving week is underway in America. Almost 80 million people are expected to travel this week, according to AAA. On Thursday, people across the country watched the Macy's Thanksgiving Day Parade, held every year in New York City. Editor's note: Get a street-side view of the biggest Thanksgiving Day parades around the country. Watch “Thanksgiving in America” on CNN and CNN Max starting at 8 a.m.
Persons: CNN Max Organizations: Airports, AAA, America ”, CNN Locations: America, New York City
BI spoke to a Wizards of the Coast executive to hear how the company is trying to keep "D&D" hot. For half a century, the game of "Dungeons & Dragons" has been a cornerstone of the nerdy experience. Fresh contentWOTC's plan centers on refreshing D&D's core content, including rulebooks like the "Player's Handbook" (PHB), "Monster Manual," and "Dungeon Master's Guide." Lanzillo highlighted one of WOTC's major ongoing collabs: "The Twenty-Sided Tavern," an off-Broadway theater production that's a live, stage-play version of a "D&D" game. AdvertisementDavid Carpenter, the creator of "Twenty-Sided Tavern," told BI that the show involves the audience using software to participate in the two-and-a-half-hour-long program.
Persons: It's, Elon Musk, it's, Chris Cocks, Jess Lanzillo, We've, Lanzillo, WOTC, k0gr6kMDXC, , Matthew Mercer, — there's, who've, that's, David Carpenter, Carpenter, Bronwen Sharp Felicia Day, Iyengar, Erika Ishii, Gen Organizations: Coast, Hasbro, WOTC, Lanzillo Locations: Converse, New York, North America
It has big implications for the future of the franchise, including a possible "Moana 3." "Moana 2" follows the titular hero on another adventure at sea, and it concludes with a thrilling ending. And, of course, there's the demigod Maui (Dwayne Johnson), who, by the end of the movie, teams up with Moana. Still under the thumb of Nalo, the mid-credit scene teases that Matangi will be helping Nalo as the god sets out to take on Moana. The scene also teases the return of Tamatoa, the enormous singing crab from the first "Moana" movie.
Persons: Nalo, Loto, Moni, Kele, Maui, Dwayne Johnson, It's, Moana, Motufetu, Disney hasn't Organizations: Disney Locations: Motufetu, Moana, Maui
Exxon Mobil 's new businesses aimed at lowering carbon-dioxide emissions are a long-term growth engine that will deliver earnings by the end of the decade, according to UBS. UBS has a 12-month price target of $149 for Exxon, indicating about 22% upside from Friday's close of $121.79 per share. The oil major is investing some $20 billion in a suite of emissions-reducing businesses including carbon capture and storage, biofuels, lithium and hydrogen through 2027. Balanced growth Exxon's $20 billion investment in low-carbon businesses represents about 13% of the company's total capital expenditures through 2027. The company's downstream refining and retail sales business should grow earnings by $4 billion starting in 2027, according to UBS.
Persons: Josh Silverstein, Silverstein, Trump Organizations: Exxon Mobil, UBS, Exxon, U.S, Baytown Hydrogen Locations: U.S, Baytown, That's, Guyana
Turned on Stolen Device Protection on my iPhoneTotal time: 1 minute Say you're in a public place, like a bar, and lose your phone. To combat this, Apple introduced "Stolen Device Protection" in January 2024. To turn on Stolen Device Protection, make sure your iPhone software is updated to iOS 17.3 or later. From there, you can follow these steps: Go to the Settings app, and select "Face ID & Passcode" Enter your passcode Toggle "Stolen Device Protection"3. Signed up for Informed DeliveryTotal time: 1 minute Informed Delivery is a free service offered by the U.S.
Persons: I've, , Apple Organizations: Social, U.S . Postal Service, Bitwarden
It is hunting for leaks of methane — an invisible, super-polluting gas that is dramatically warming the planet. Although it’s leaking less overall than the Permian Basin, for example, it’s an older basin — with older, leaky equipment — that’s producing far less oil and gas. Natural gas is flared Andrews, Texas, part of the Permian Basin, in March 2022. Dilapidated equipment tends to be leakier, and in parts of the Caspian Basin, gas is often treated as a waste product and vented or flared. But because of Venezuela’s proximity to the tropics and frequent cloud cover, capturing its methane emissions has proved challenging.
Persons: , Ritesh Gautam, Antoine Halff, Julian Quinones, ” Gautam, Andrews, Joe Raedle, MethaneSAT, Rob Jackson, Jackson, ” Jackson Organizations: CNN, Environmental Protection Agency, Getty, Carbon Project, Stanford University, “ Companies Locations: , Appalachia, Utah’s Uinta, Turkmenistan, Venezuela, Caspian, Andrews , Texas, “ Turkmenistan, Soviet, American
A way to get long Nvidia on the dip with less risk using options
  + stars: | 2024-11-27 | by ( ) www.cnbc.com   time to read: +3 min
Following its latest earnings report, which exceeded expectations across all key segments, NVDA is trading at a compelling valuation relative to its peers. From a technical perspective, the recent pullback after the earnings report provides an attractive entry point for bullish exposure with strong risk/reward potential. Its 56% net margin significantly surpassing competitors which highlight why NVDA deserves its premium valuation while still offering substantial upside potential. The trade offers a 2:1 reward-to-risk ratio, providing a favorable way to participate in NVIDIA's expected upside while limiting downside exposure. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.
Persons: NVDA, Max Organizations: Nvidia, Blackwell, CNBC, NBC UNIVERSAL Locations: OptionsPlay
Neither child plans on having any kids of their own. In fact, the older one is so sure about not having kids that she scheduled herself for surgical sterilization. AdvertisementI actually never gave much thought to the idea of being — or not being — a grandmother in the past. As it became clear it was not a phase, that neither of them would be having kids in the future, I still didn't have strong feelings. It sounds like we'll have a lot of free time on our hands to do whatever we want to do.
Persons: I'm, it's, Jonathan Vespa, nope Locations: United States, Japan, France, Italy, South Korea
CNN —President-elect Donald Trump’s choice of Robert F. Kennedy Jr. to lead the US Department of Health and Human Services sent a shudder through the global health community. The US is the world’s largest funder of global health programs, according to the nonprofit health policy and research group KFF. Global health is really strategic investment,” del Rio added, saying he hoped Kennedy would find a way to maintain those investments. About half of the nation’s global health budget is spent on HIV/AIDS prevention and treatment, according to KFF. Worldwide, measles cases rose 20% from 2022 to 2023, according to the latest report from the World Health Organization.
Persons: Donald Trump’s, Robert F, Kennedy Jr, Kennedy, hasn’t, , Richard Carmona, George W, Bush, , ” Carmona, Carlos del Rio, thimerosal, Joe Rogan, “ There’s, Kathleen Sebelius, Barack Obama, Peter Hotez, Trump, — Hotez, Rachel, Hotez, ” Hotez, Anthony Fauci ”, Fauci, Mary Holland, , It’s, ” Sebelius, Sebelius, doesn’t, Lawrence Gostin, Peter Kotlar, Robert Fico, ” Kennedy, Kennedy’s, Gostin, ” Gostin, Dr, Sanjay Gupta, ” Holland, can’t Organizations: CNN, US Department of Health, Human Services, HHS, US Centers for Disease Control, National Institutes of Health, Emory University, , Health Defense, US Food, CDC, Baylor College of Medicine, NIH, NBC News, Children’s Health Defense, World Health Organization, United States, US State Department, WHO, Georgetown University, Slovak, covid, Get CNN, CNN Health, Trump, pandemics Locations: Rio, United States, India, Africa, United, Geneva
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