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☆ Hedge fund manager Eric Jackson thinks this AI stock can be his next back-from-the-dead tech pick
▼ + stars: | 2024-08-12 | by ( Samantha Subin | ) www.cnbc.com time to read: +1 min

Investors may want to keep an eye on this artificial intelligence stock resurrecting itself from the dead, according EMJ Capital's Eric Jackson. "I'm not saying they're going to $400 next week, but the worst is behind them from a macro sense." UPST 1Y mountain Upstart shares over the last year Upstart has been on a volatile ride since going public in December 2020. Shares slumped about 91% from October 2021 highs, and are down 14% so far this year, following a 209% surge in 2023. Shares have slumped 63% from their August 2021 highs but have surged 153% this year.

Persons: EMJ Capital's Eric Jackson, CNBC's, I'm, Jackson Locations: delinquencies, Covid

☆ 'Record-breaking backlog' leads to $1.1 billion in improper Social Security payments, report finds
▼ + stars: | 2024-08-12 | by ( Lorie Konish | ) www.cnbc.com time to read: +2 min

zimmytws | iStock | Getty ImagesThe Social Security Administration faces a "record-breaking backlog" of open cases, leading to approximately $1.1 billion in projected improper payments to beneficiaries, according to a new report from the Social Security Administration Office of the Inspector General. Of those that were improper payment cases, the average processing time was 698 days, according to a sample evaluated by SSA OIG. Improper payment includes overpayments, where beneficiaries are paid more than they should be, as well as underpayments, where payments to beneficiaries may be erroneously reduced. watch nowIf the pending cases had been resolved immediately, about 528,000 beneficiaries would have been improperly paid about $534 million, the report estimated. After 12 months, that improper payment amount for those beneficiaries rose to about $756 million.

Persons: Paul Van de Water, Van, Water Organizations: iStock, Social Security Administration, Social Security Administration Office, SSA, Budget

☆ Trump is falsely claiming that Kamala Harris' rally crowd is AI generated. Unfortunately for him, the hype for Harris is very, very real.
▼ + stars: | 2024-08-12 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +5 min

Tim Walz aboard arriving for a campaign rally on Wednesday in Romulus, Michigan. Harris speaking with supporters during the campaign rally at Detroit Metropolitan Wayne County Airport. The crowds of supporters at Harris' rally in Michigan. Harris walking on stage to a large crowd during a campaign rally at in Glendale, Arizona on Friday. Representatives for Trump and Harris did not immediately respond to requests for comment from Business Insider sent outside regular business hours.

Persons: —, Donald Trump, Kamala Harris, He's, Harris, Kamala, Tim Walz, Carlos Osorio, Julia Nikhinson, Walz, Julia Nikhinson Harris, Julia Nikhinson David Plouffe, Trump, " Walz, it's, Martin Luther King Jr, htc5hBRgQR — Zachary Petrizzo, influencer Logan Paul, Paul, I'm Organizations: Service, Business, Air Force, Gov, Detroit Metropolitan Wayne County Airport, CNBC, Guardian, Trump, Trump YouTube, Business Insider Locations: Michigan, Romulus , Michigan, Glendale , Arizona, Las Vegas, Glendale, Bozeman , Montana

☆ Adani Group shares shed billions after Hindenburg allegations against regulator
▼ + stars: | 2024-08-12 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +2 min

Adani group is one of the India's largest multinational company with a diversified business portfolio. Shares of Adani Group fell on Monday, after a new report from U.S. short seller Hindenburg accused the chair of India's capital markets regulator of having conflicts of interest that prevented an in-depth probe of fraud allegations. Shares of Adani Total Gas, Adani Power, Adani Wilmar and Adani Energy Solutions also fell sharply on the news. Madhabi Puri Buch and Dhaval Buch both denied wrongdoing and said the report's claims were baseless. Hindenburg's latest report comes roughly 18 months after it first accused the Adani Group of stock manipulation and corporate fraud.

Persons: Hindenburg, Adani, Madhabi Puri, Dhaval Buch, Puri, Gautam Adani, CNBC's Ganesh Rao Organizations: Adani, Adani Enterprises, Adani Energy Solutions, Securities and Exchange Board of India, Sunday Locations: Mumbai, Madhabi Puri Buch, Puri Buch

PARIS — U.S. gymnast Jordan Chiles must return her bronze medal in the floor exercise, the International Olympic Committee said Sunday, upholding findings that a coach's protest that got her on the podium shouldn't have been allowed. Romanian Ana Bărbosu, 18, will now be the floor exercise bronze medalist. "We are devastated by the Court of Arbitration for Sport ruling regarding women’s floor exercise," according to a statement issued by USA Gymnastics on Saturday night. "The inquiry into the Difficulty Value of Jordan Chiles’ floor exercise routine was filed in good faith and, we believed, in accordance with FIG rules to ensure accurate scoring." "I am taking the time and removing myself from social media for my mental health thank you," she wrote.

Persons: Jordan Chiles, Chiles, Cecile Landi, Marcel Ciolacu, he'd, Romanian Ana Bărbosu, Ana Bărbosu, She's, Jordan, she'd, David K, Li, Sean Nevin Organizations: PARIS, International Olympic, Romanian, IOC, Sunday, Sport, International Gymnastics Federation, NOC, USA Gymnastics Locations: U.S, Romanian, Romania, France, New York City, Tokyo, Paris, London

☆ Hindenburg alleges India market regulator chief had stake in offshore funds used by Adani Group
▼ + stars: | 2024-08-11 | by ( ) www.cnbc.com time to read: +3 min

In May, six Adani Group companies disclosed they had received notices from SEBI alleging violation of Indian stock market rules. Alongside the inquiry into the Adani group, SEBI sent a "show cause" notice to Hindenburg Research alleging that the short-seller violated the country's rules by setting up a short-bet using non-public information. Hindenburg Research said these allegations were "nonsense" in a note published on its website in July, which also made public the regulator's notice. In its latest report, Hindenburg attempts to draw a link between offshore funds that traded in Adani Group shares and personal investments of Buch and her husband. It says that Bermuda-based Global Opportunities Fund, which according to a Financial Times investigation was used by entities connected to the Adani group to trade in share of group companies, had sub-funds.

Persons: Puri, Hindenburg, Buch, Vinod Adani, Gautam Adani, SEBI Organizations: Hindenburg Research, Hindenburg, SEBI, Sunday, Securities and Exchange Board of India, Adani, Adani Group, Fund, Financial Times, Buch, Securities, Exchange Board of India Locations: Krakow, Poland, Puri Buch, Buch, Bermuda

☆ Florida residents should flee to these 2 popular states before climate change decimates home values
▼ + stars: | 2024-08-10 | by ( James Faris | ) www.businessinsider.com time to read: +6 min

Although steadily rising global temperatures and their effects are increasingly hard to ignore, Burt believes they're not yet factored into property values. Flood insurance costs will skyrocket since they're severely underpriced to climate risk, his research indicates. Related stories"I think that there's a lot of pent-up supply from folks, particularly who are being exposed to these ownership cost increases away from mortgage rates," Burt said. They'll then be prepared to either bear the burden of higher insurance costs, or sell. AdvertisementUnlike Ivy Zelman, who's another analyst with a knack for spying issues in the housing market, Burt doesn't think the Midwest is the best region for beach-dwellers to flee to.

Persons: David Burt, who's, Burt, they're, Ivy Zelman, Burt doesn't Organizations: Service, Business Locations: Georgia, Florida, New York

☆ Breaking explodes onto Paris' La Concorde, exciting spectators in its first Olympic showing
▼ + stars: | 2024-08-09 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Alex-Smith-Circle-Byline-Template.Jpg | Alexander Smith | ) www.nbcnews.com time to read: +8 min

Lithuania's Dominika Banevič, known as Nicka, at La Concorde in Paris on Friday. Lithuania's Dominika Banevič known as Nicka, Japan's Ami Yuasa known as Ami, and China's Liu Qingyi known as 671 at La Concorde in Paris, on Friday. Odd Andersen / AFP - Getty ImagesUsually the Place de la Concorde is a busy traffic intersection. Team USA's Logan Edra, known as Logistx, competes in the breaking round-robin at the Olympics in Paris, on Friday. On Saturday, USA's B-Boys Victor and Jeffro will be among the athletes competing in the men's try of Olympic breaking, wrapping the sport's Paris showing.

Persons: Japan’s Ami, Lithuania's Nicka, Ami, Nicka, Dominika, Odd Andersen, Elsa, Getty, India —, Japan's Ami Yuasa, China's Liu Qingyi, La Madeleine, Malik, —, Sunny, Logistx, USA's Logan Edra, It’s, Ava Rodriguez, Rodriguez, Alison Palaia, Eric Quinlan, ”, Quinlan, “ We’ve, Palaia, “, USA's, Boys Victor, Jeffro, Alexander Smith, Rebecca Cohen Organizations: PARIS, La Concorde, AFP, Getty, Team USA, China's, Team United States, Nicka, Concorde, La, U.S, Los Angeles Games, Olympics, Boys Locations: Japanese, Lithuanian, Paris, Bronx, New York City, Netherlands, India, Carlota, Luxor, France, America, Norwalk, Conn, U.S, ”

☆ Target workers say they're walking as much as 20 miles a day. It's a sign of just how physical retail work has become.
▼ + stars: | 2024-08-09 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +4 min

This story is available exclusively to Business Insider subscribers. AdvertisementOver on Reddit, Target workers have posted some big numbers, often topping the 10 miles that caught the attention of Walmart's CFO. one user said on a subreddit for Target workers in July. Healthcare workers topped the list: It said some hospital staffers could reach 60,000 steps, or 30 miles, during a 12-hour shift. A Target spokesperson told Business Insider that while the company did estimate time and distance as part of assigning work, it did not individually track employees' movements throughout the day.

Persons: —, John David Rainey, they've Organizations: Service, Business, Apple, US Postal Service, CNBC, Target, Walmart Locations: Reddit, Tennessee

☆ A woman won gold at the Olympics by eating more and exercising less to gain 22 pounds
▼ + stars: | 2024-08-09 | by ( Serafina Kenny | ) www.businessinsider.com time to read: +4 min

Read previewA British athlete won an Olympic gold medal by eating more food and exercising less to gain 22 pounds. AdvertisementAldridge won the first ever gold medal in women's Olympic kitefoiling. Owing to the stigma around weight gain, it may seem counterintuitive that Olympians, at the peak of human performance, should put on weight to be successful. But kitesurfing isn't the only sport where athletes gain weight to be more competitive. Related storiesWhen she first started kitefoiling, Aldridge consumed a lot of beer and ice cream, she wrote on Instagram earlier this year.

Persons: —, Ellie Aldridge, Aldridge, Alex Livesey, kitefoiling, Lauriane Nolot, kitesurfing, Harry Lightfoot, Tia, Clair Toomey, Orr, Clive Mason, I'm, It's Organizations: Service, Business, Getty, Telegraph, British Sailing Team, Olympic Locations: kitefoiling

☆ Golden Opportunity to Boost Job, Labor Market: Raise the Minimum Wage
▼ + stars: | 2024-08-08 | by ( Emily Stewart | ) www.businessinsider.com time to read: +11 min

The federal minimum wage, which has been stuck at $7.25 an hour for 15 years. Given the situation, here's an idea: Why not raise the federal minimum wage right now? Getting anything done legislatively is always a challenge, especially in an election year, but polls indicate a higher minimum wage is broadly popular. AdvertisementOnce the minimum wage gets so high that it starts to cause a bunch of job loss, that's a problem. If a higher minimum wage lifts millions of people out of poverty, that's incredible.

Persons: it's, Yannet Lathrop, California's, It's, Jacob Vigdor, Vigdor, Justin Wiltshire, Michael Reich, David Neumark, shouldn't, we've, they've, Emily Stewart Organizations: Bureau of Labor Statistics, National Employment, New York Times, Congressional, University of Washington, University of Victoria, UC Berkeley's Center, Dynamics, University of California, Business Locations: Nebraska, Florida, Washington ,, Washington, West, Wisconsin, Iowa, Mississippi, South Carolina, Seattle, California, British Columbia, New York, Irvine, America, Wiltshire

☆ Americans are still having a lot of stuff delivered from DoorDash and Uber, and it shows how much we'll pay for convenience
▼ + stars: | 2024-08-07 | by ( Alex Bitter | ) www.businessinsider.com time to read: +4 min

Later in the day, Instacart reported a 10% jump in the value of transactions on its platform during the second quarter. Total orders rose 19% during the company's second quarter, it said on August 1. "Increasingly, we're seeing customers coming to us for the first time actually for non-restaurant use cases," Xu said. AdvertisementCorrection: August 9, 2024 — An earlier version of this story misstated Instacart's average order value in the second quarter. Do you work for DoorDash, Instacart, Uber Eats, or another gig delivery service and have a story to share?

Persons: —, they're, Uber, Dara Khosrowshahi, Instacart, Fidji Simo, Robert Mollins, Gordon, Mollins, DoorDash, We're, Tony Xu, Xu, Uber's Khosrowshahi, Instacart's Simo Organizations: Service, Business, DoorDash

☆ Jobs Report Shows the Labor Market Is in Danger, Recession Possible
▼ + stars: | 2024-08-07 | by ( Emily Stewart | ) www.businessinsider.com time to read: +9 min

The jobs report said the US economy added 114,000 jobs in July, far fewer than the 176,000 jobs that economists expected. The weakness of the jobs report tipped the worry scale and sent markets into meltdown mode. Outside the July jobs report, there were plenty of signs the labor market was cooling off. If that seems confusing, here's the only thing you really need to know: The July jobs report triggered the Sahm rule. Nobody should be losing a ton of sleep over the state of the labor market or over the economy overall.

Persons: it's, Guy Berger, doesn't, Skanda Amarnath, there's, what's, Claudia Sahm, we're, Amarnath, Alí Bustamante, Bustamante, would've, it'll, Jay Powell, Berger, Emily Stewart Organizations: Federal Reserve, Glass, Labor, Survey, New Century Advisors, Worker Power, Economic Security, Roosevelt Institute, Fed, Business

Instead of giving up, Colonel Sanders embraced the changes sweeping society. Even after he sold his company, he scorned the idea of retirement, staying on as a consultant and board member and embodying his Colonel Sanders persona in commercials and more. For decades, as a middle-class wife, mother and secretary living in Queens, she kept the pilot light on by taking tiny parts in tiny plays with tiny audiences. Wilder's "Little House" books, treasured by millions, became an enduring chronicle of family life on the American frontier. Four years later, she reconnected with her junior high crush and high school boyfriend, Harry Kullijian.

Persons: Estelle Getty, Rue McClanahan, Bea Arthur, Betty White, Mick Jagger, lopes, Roctogenarians, Harland David Sanders, Sanders —, —, Colonel Sanders, Sanders, they'd, Sophia Petrillo, Henri Matisse, Matisse, Norman Lear, Rita Moreno, Lear, Laura Ingalls Wilder, Frank McCourt, hilariously, Carol Channing, Harry Kullijian Organizations: Social, Bluegrass State, KFC Locations: Corbin , Kentucky, Kentucky, American, York's, Queens, East, Hollywood, Limerick, Ireland

☆ Investors believe the fears about the slowing economy are overblown and market is overreacting
▼ + stars: | 2024-08-06 | by ( Sarah Min | ) www.cnbc.com time to read: +6 min

The S & P 500 is off by nearly 9%, and it could soon join the tech-heavy index. .VIX 1D mountain VIX On Wall Street, however, many investors expect the fears of a slowing economy are overdone, and that markets are overreacting. "We don't see an earnings recession, we don't see an economic recession," said Sam Stovall, chief investment strategist at CFRA Research. The strategist expects the S & P 500 could fall into a correction, somewhere between 10% and 15%. To be sure, investors who aren't expecting a recession say any weakness in the consumer should continue to be monitored.

Persons: It's, Stocks, Mark Malek, Siebert, Malek, nonfarm, John Butters, —, Sam Stovall, Stovall, that's, aren't, Siebert's Malek, Jamie Meyers, he's, we've, it's, I've, Meyers, CFRA's Stovall Organizations: Nikkei, Nasdaq, Dow Jones, Treasury, Fed, Federal Reserve Bank, Atlanta's, Bank of America, CFRA, Nvidia Locations: Japan, U.S

☆ What Google’s antitrust defeat means for the search giant and its partner Apple
▼ + stars: | 2024-08-06 | by ( Morgan Chittum | ) www.cnbc.com time to read: +5 min

The antitrust ruling against Google may not be the lose-lose scenario for the search giant and its key partner Apple that some are predicting. At the heart of the case is Google's exclusive relationship with device makers to be the default search engine on their screens. Google paid Apple $20 billion in 2022 alone for the privilege, according to recent court documents. AAPL YTD mountain Apple (AAPL) year-to-date performance "By collateral damage of course, this is negative for Apple," Jim said. Bank of America analysts tried to assuage Apple investors' concerns around services revenues.

Persons: Sherman, Kent Walker, Walker, Jim Cramer, Jim, —, Jim Cramer's, Jason Alden Organizations: Google, Apple, Barclays, Firefox, Yahoo, Bank of America, CNBC, Bloomberg, Getty Locations: U.S

☆ Uber, Lyft and the gig economy think they've found a way to win the national labor war
▼ + stars: | 2024-08-06 | by ( Cheryl Winokur Munk | ) www.cnbc.com time to read: +10 min

While only applicable in California, labor law experts expect momentum to spread to other states where the issue hasn't yet been tested. 22 went into effect, more than 80% of California drivers surveyed said that it has been good for them. In other high-population states, there has been a wave of recent actions and compromises between the companies and the states. In November, New York announced two settlements totaling $328 million with Uber and Lyft to resolve multi-year investigations. The state had been seeking a court determination that Uber and Lyft drivers are employees, not independent contractors.

Persons: Caroline Donelan, Uber, Brazil —, Gary McLaughlin, Mitchell Silberberg, Lyft, there's, James Yukevich, Yukevich Cavanaugh, it's, Tony West, Kamala Harris, general's, Michael M, Baylson, Donelan, Massachusetts Uber, Verrett, John Wicker, Stradling Yocca Carlson, There's, Gregory P, Feit, Reavis Organizations: California Supreme, Blank, Employees, New York, Pew Research, Washington Post, Democratic Party, Transportation Network Companies, federal, Labor, Union, United, 32BJ SEIU, Service Employees International Union, International Association of Machinists, SEIU, Rauth Locations: California's, U.S, California, New, New York State, Massachusetts, Australia, Brazil, Washington, New York , Massachusetts, Pennsylvania, Minnesota, Florida, Minneapolis, In Massachusetts

Jordan Chiles won her first individual Olympic medal in Monday's floor exercise final, but originally, the judges left her off the podium. After losing an all-around bronze medal in a heart-wrenching tiebreaker, Raisman thought she was fourth again on the beam. Raisman was on the 2016 Olympic team with Biles that won team gold and collected more medals than any U.S. gymnastics team in history. Chiles lost the chance to contend for an all-around medal to her teammate Suni Lee, who went on to win bronze. Eight years ago, Raisman won her last Olympic medal in Rio, a silver in her signature event, the floor exercise.

Persons: Jordan Chiles, Aly Raisman, Mihai Brestyan, Chiles, Raisman, Naomi Baker, Simone, Simone Biles, Biles, Ana Barbosu, Barbosu, Jordan, Catalina Ponor, Suni Lee, Jordyn Wieber Organizations: NBC, Team United States, Bercy Arena, Paris Games, London Olympics Locations: Paris, Romanian, London, Rio

Jordan Chiles won her first individual Olympic medal, a bronze, but it appeared at first that she would finish off the podium. She originally placed fifth but submitted an inquiry to the judges and received a tenth back on her final score. Jordan Chiles celebrates her bronze medal as Simone Biles, right, looks on. Rebeca Andrade of Brazil earned gold and Biles, Chiles' teammate and training mate, took silver. Elsa / Getty ImagesVoinea and Barbosu both scored 13.700 on their floor routines, but until Chiles' appeal, Barbosu retained the bronze medal position due to her superior execution score.

Persons: Jordan Chiles, Chiles, didn't, Cecile Landi, “, ” Chiles, Simone Biles, Marijan Murat, Jordan, that's, Sabrina Voinea, Ana Barbosu, Rebeca Andrade, Biles, Andrade, Simone her, Elsa, Barbosu, Aly, Catalina Ponor Organizations: AP Locations: Tokyo, Brazil, United States, Paris, Romanian, London

☆ China's city dwellers will soon have more pets than toddlers, and there's one way investors can cash in on the trend, Goldman Sachs says
▼ + stars: | 2024-08-05 | by ( Kwan Wei Kevin Tan | Aditi Bharade | ) www.businessinsider.com time to read: +6 min

Read previewChina's baby bust could see its urban pet population outnumbering the number of toddlers by 2030, investment bank Goldman Sachs wrote in a July 28 report. According to Goldman Sachs' forecasts, China will have more than 70 million urban pets by 2030. AdvertisementThe rise in pet ownership, the bank said, could help push China's pet food market to $12 billion by 2030. People having more pets than babies shouldn't be surprising considering how China is presently grappling with a demographic crisis. China's population shrank again in 2023, with the number of deaths exceeding the number of births by 2.08 million people.

Persons: —, Goldman Sachs, Lin Zhang, Zhang, Zheng Mu, Zheng, Cash, haven't, Bihan Chen, Emily Huang, Huang, Ann, Hunter van Kirk Organizations: Service, Business, country's National Bureau of Statistics, University of New, Zhang, National University of Singapore, National Association of Realtors, NAR, Bloomberg Intelligence Locations: China, country's, University of New Hampshire, Europe, East Asia

☆ China’s slower growth hasn’t dragged down this consumer stock. Why it’s up 90% this year
▼ + stars: | 2024-08-04 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +6 min

"We expect 30 retail store openings this year in China and China market sales to grow 21% YoY in 2024." Raised target Morgan Stanley raised its price target to HK$52, up from HK$45 previously, after Pop Mart's profit alert. "Strong pickup in online channels and Pop Land were the key drivers, while offline sales growth also accelerated (driven by teens% [same-store sales growth])." Pop Land is a theme park that Pop Mart opened near a major city park in Beijing in September 2023. "The company is well-prepared to sustain its high sales growth momentum into 2H24F, in our view (we estimate 2H24F total sales growth of 39% y-y)," the Nomura analysts said.

Persons: Morgan Stanley, Pop Mart, they've, Michael Bloom Organizations: Pop Mart, Pop, Mart, Disney, Hong, Apple, Starbucks, HK, China Renaissance, Nomura, U.S, Jefferies, Comcast, CNBC, NBCUniversal, NBC Sports, NBC Olympics, NBC, Games Locations: Hong Kong, China, Beijing, Pop, Thailand, NBCUniversal, U.S

☆ A remote worker relocating to Walmart's headquarters says he's excited to work at the office, but he's stressed about the short timeline
▼ + stars: | 2024-08-04 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +1 min

Walmart surprised many of its corporate employees when it announced a return-to-office mandate. The new policy requires formerly remote workers in the US to move to one of three office locations. One worker told BI he's excited to work at headquarters, but stressed out about the short timeline. AdvertisementTwo months after Walmart surprised its previously remote corporate employees with a return-to-office mandate, many are in the midst of packing up for cross-country moves. This story is available exclusively to Business Insider subscribers.

Persons: —, Donna Morris Organizations: Walmart, Service, Business Locations: New York, San Francisco, Bentonville , Arkansas

PARIS — Living in the era of Simone Biles' dominance would be a challenge for any gymnast, but Suni Lee and Jordan Chiles are reveling in their own Olympic spotlights. Throughout their Olympic encore, Lee and Chiles observed a burgeoning lightness and international kinship in elite gymnastics. Jordan Chiles, bottom, and Suni Lee celebrate winning the gold medal during the women's artistic gymnastics team finals at the Olympics in Paris on Tuesday. It's not just the culture that has changed for Lee, who faced an even steeper climb to the Olympic podium the second time around. After winning the Olympic all-around title in 2021, she found herself launched into unexpected, dizzying fame.

Persons: Simone Biles, Suni Lee, Jordan Chiles, Lee, Chiles, ” Lee, Francisco Seco, It's, Biles, Kaetlyn Liddy, Tom Organizations: PARIS, Olympic, NCAA, “, Tokyo, Paris Locations: Paris, U.S, ”, Monday's, Spring , Texas, New York

☆ I've been to 35 all-inclusive resorts. I always watch out for these 7 red flags.
▼ + stars: | 2024-08-02 | by ( Kelly Magyarics | ) www.businessinsider.com time to read: +7 min

Read previewYou may already have a trip to an all-inclusive resort on the books, or perhaps you're still browsing. As a travel writer, I've stayed at almost 40 all-inclusive resorts in Mexico, the Maldives, the Caribbean, and more. If you're dining at a restaurant that offers both sit-down and buffet menus, remember that servers sometimes pull food straight from the buffet. Lounge chairs that are all claimed before breakfastAt all-inclusive resorts, I've seen guests wake up early to stake their claim on the best loungers on the beach or pool deck, only to leave for breakfast and return hours later. AdvertisementActivities without safety protocols in placeMost all-inclusive resorts have a ton of water activities available to book.

Persons: —, I've, Kelly Magyarics, bartenders Organizations: Service, Business, buffets, Google Locations: lazing, Mexico, Maldives, Caribbean

☆ 2 renowned strategists say the US should defend Taiwan with nuclear strikes. Experts say such talk is just a taste of what's to come.
▼ + stars: | 2024-08-02 | by ( Matthew Loh | ) www.businessinsider.com time to read: +13 min

The US once floated nuclear retaliation in 1958 if China invaded Taiwan, and stationed nuclear weapons on the island until 1974. It would essentially tell Beijing that an invasion of the island risks nuclear war, he said. "What's the benefit of reassuring Xi that our nuclear weapons are not relevant?" "So relatively low-yield nuclear weapons could destroy that amphibious force and do little to no collateral damage onshore in Taiwan." He added that threatening war — much less nuclear war — over Taiwan would be deeply unpopular at home.

Persons: —, David Kearn, Kearn, — he'd, Greg Weaver, Weaver, Obama, Matthew Kroenig, James Acton, Greg, Matt, Kroenig, Lyle Goldstein, Goldstein, we're, Acton, Francesca Giovannini, Giovannini, Xi Jinping, Xi, It's, Marshall Billingslea, Billingslea, Rebeccah Heinrichs, Jake Werner Organizations: Service, John's, Atlantic Council, Pentagon, Business, RAND, US Defense, Joint Chiefs of Staff, Defense Department, Nuclear, Carnegie Endowment, International, China Initiative, Brown University, International Peace, Harvard University's Kennedy, Georgetown University, US State Department, Hudson, Keystone Defense Initiative, Kroenig, East Asia, Quincy Institute, Responsible, Johns University Locations: St, Taiwan, China, Beijing, Washington, Korea, Japan, Taiwan Strait, Washington , DC, Guam, South China, Russia, United States, Bejing, South Korea

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