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☆ A timeline of Elon Musk's political stances and donations before his latest embrace of the Republican Party
▼ + stars: | 2024-06-27 | by ( Jake Lahut | Grace Eliza Goodwin | ) www.businessinsider.com time to read: +10 min

And as one of the richest and most powerful people in the world, Musk's political stances carry a great weight. Musk's political donations dating back to 2002 fit neatly into just a single landing page on OpenSecrets, a nonprofit organization that tracks money in politics. AdvertisementThough Musk historically hasn't been big on political donations, he's publicly said that he weighs in on politics when it could affect his businesses. Musk's political coming of age during the pre-social media era remains much of a mystery. His latest donations have all been to Republican candidates and causes, with Sen. Chris Coons of Delaware being the last Democrat to receive any Musk donations back in 2020.

Persons: —, Elon, hasn't, that's, he's, Trump, Joe Biden, Donald Trump, Musk, Elon Musk, Paul Harris, Errol —, Ashlee Vance's, Musk's, Andrew Panzera, Tesla, Martin Eberhard, Marc Tarpenning, Trump Tesla, Alex Brandon Musk, George W, Bush, John Kerry, Barack Obama, Hillary Clinton, Clinton, Sen, Chris Coons, Rex Tillerson's, Hillary Clinton's, Marc Piasecki, Ron DeSantis, DeSantis, Biden, Nelson Peltz, MAGA, — Musk Organizations: Service, SpaceX, Business, White, Tesla, Getty, Pretoria City Council, Progressive Party, New York Times, Times, PayPal, Trump, Donald Trump AP, Democratic, California Democrats, National Republican Congressional, GOP, Republican, Elon, State, Paris Climate, America, NASA, Biden's, Cannes Lions, Democratic Party, Republican Florida Gov, Twitter Locations: Africa, Los Angeles, Republic of South Africa, Pretoria, South Africa, Canada, Johannesburg, Silicon Valley, California, Sens, Delaware, Paris, Texas, Musk's Texas

☆ Trump and Biden's first presidential debate: Here's what to expect on taxes
▼ + stars: | 2024-06-27 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +1 min

President Joe Biden and former President Donald Trump will face off Thursday in the first presidential debate of the 2024 general election — and the presumptive nominees could show voters where they stand on tax policy, experts say. One key issue is the Republicans' expiring tax breaks enacted via the Tax Cuts and Jobs Act of 2017, or TCJA. Without action from Congress, several provisions will sunset after 2025, including lower federal income tax brackets, a boosted child tax credit and higher estate and gift tax exemptions, among others. More than 60% of tax filers could face increased taxes in 2026 if TCJA provisions expire, according to the Tax Foundation. Fully extending TCJA provisions could add an estimated $4.6 trillion to the deficit over the next decade, the Congressional Budget Office reported in May.

Persons: Joe Biden, Donald Trump, —, Andrew Lautz, Trump, expirations Organizations: Tax Foundation, Biden, Finance, IRS, Congressional

☆ ‘People are really uptight in the States these days’: Why this American prefers living in Estonia
▼ + stars: | 2024-06-26 | by ( Tamara Hardingham-Gill | ) edition.cnn.com time to read: +10 min

“The thing that I really liked about Estonians, and Estonians have never believed me when I say this, but I liked how friendly they were,” he says. Reflecting on his first years in Estonia, Johnson notes that things were very different to how they are now. “Quite often, people don’t really believe that that’s possible,” he says. Marcus Lindstrom/iStockphoto/Getty ImagesAlthough his day to day life may be very different in Estonia, Johnson feels that things aren’t very different scenery wise. “And they decided to become a very modern country… Really, it’s been the experience of a lifetime, being able to watch this kind of transformation over a quarter of a century.”

Persons: hadn’t, Stewart Johnson, didn’t, he’d “, “, ” Johnson, Johnson, ”, ‘, ‘ Don’t, you’re, –, Katrin Press “, I’ve, don’t, Chuck, chemo, he’s, Stewart Johnson “, it’s, ’, Marcus Lindstrom, “ It’s, “ I’ve, You’re Organizations: CNN, CNN Travel, Foreign Service, Estonia “, Comedy, “ Locations: Canada, States, Wisconsin, America, Estonia, Soviet Union, that’s Tallinn, Estonian, Europe, Northern, Tartu, “, Comedy Estonia, Tallinn

☆ Britain looks to upstage France with play for world's third major AI hub after U.S., China
▼ + stars: | 2024-06-26 | by ( Ryan Browne | ) www.cnbc.com time to read: +7 min

But key challenges face the country as it looks to become the world's third-biggest AI hub. At the London Tech Week conference in the Olympia events venue earlier this month, tech executives from around the world touted London and the U.K. as a place to invest. London vs. FranceLondon is facing heated rivalry from France for the title of European AI leader. Can the UK keep its European AI crown? Seeking regulatory clarityAnother key source of uncertainty for tech leaders is the future of AI regulation in the U.K.

Persons: Mike Kemp, Alex Kendall, — Kendall, Wayve's, Brent Hoberman, Wayve, it's, Salesforce, Janet Coyle, Coyle, Arthur Mensch, Hanno Renner, that's, Europe's, CNBC's, Philip Belamant, Zilch, Matthew Holman, Cripps, Holman Organizations: Global, London Tech, Sage, Google, London, Partners, Viva Tech, Accel, CNBC, Mistral France Paris, Alpha, Alpha Germany Heidelberg, Face France Paris, France Paris, United, United Kingdom London, Kingdom London, Tech, European Union Locations: London, United Kingdom, China, Olympia, SoftBank, San Francisco, Vancouver . U.S, France London, France, Brazil, Silicon, Europe, Paris, Berlin, Alpha Germany, Germany, Brexit, Britain

☆ These are the 5 US cities you should buy a home in before you get priced out of the housing market, says 'Million Dollar Listing' real estate investor
▼ + stars: | 2024-06-26 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +5 min

Most of its residents are millennials, with its residents' median age being 33.6 years. As with Atlanta, most of its residents are millennials, with its residents' median age being 33.1 years. The median age of San Diego residents is 35.8 years. But it's also true that housing in San Diego trends toward the pricier end. San Diego, along with four other Californian cities, was marked as "impossibly unaffordable," according to the 2024 Demographia International Housing Affordability report.

Persons: —, Josh Altman, Altman, Sean Pavone, Eric Johnson, Pengyu Cheng, Michael Warren, Wager, it's, Altman didn't Organizations: Service, Business, Getty, Dallas, Texas, Popular, Disney, San Locations: Atlanta, Dallas, Orlando, Phoenix, San Diego, Texas, California, San Francisco, Eola, Miami, Arizona's, San Diego , California, Los Angeles, US

☆ The Vanishing Islands That Failed to Vanish
▼ + stars: | 2024-06-26 | by ( Raymond Zhong | Jason Gulley | ) www.nytimes.com time to read: +26 min

The Vanishing Islands That Failed to Vanish Low-lying tropical island nations were expected to be early victims of rising seas. They found that over the past few decades, the islands’ edges had wobbled this way and that, eroding here, building there. No, to understand what really beguiles them about these islands, you need to take a dive into the surrounding sea. Coral reefs Indian Ocean Islands HUVADHOO ATOLL 5 miles Dhigulaabadhoo Coral reefs Indian Ocean Islands HUVADHOO ATOLL 5 miles Dhigulaabadhoo Islands HUVADHOO ATOLL Islands HUVADHOO ATOLL HUVADHOO ATOLL HUVADHOO ATOLL HUVADHOO ATOLL HUVADHOO ATOLL HUVADHOO ATOLL HUVADHOO ATOLL HUVADHOO ATOLL Kandahalagalaa Dhigulaabadhoo HUVADHOO ATOLL Kandahalagalaa Dhigulaabadhoo A map of the Huvadhoo Atoll, a gourd-shaped ring of 241 islands in the southern Maldives. Huvadhoo Atoll is a gourd-shaped ring of 241 islands in the southern Maldives.

Persons: ” Charles Darwin, Darwin, bode, Arthur Webb, Paul Kench, “ I’m, Kench, Webb, Kench’s, Mohamed Aslam, Paul S, Aitana Gea Neuhaus, Gea Neuhaus, ” Ms, “, ” Paul Kench, Gerd Masselink, Peter Ganderton, Curt Storlazzi, Tim Scott, Dr, Scott, ”, it’s, “ They’ve, munch, Storlazzi, Thoriq Ibrahim, Malé, Hariyya Ibrahim, Hariyya, Adam Shakir, Adam, Farhath Ibrahim, Mohamed Muizzu, Hussain Rasheed, Rakeedhoo, Ashiya, Ashiya’s Organizations: Graphics, University of Plymouth, National University of Singapore, Nature Communications, Airbus, Google, United States Geological Survey Locations: Maldives, INDIA, MALDIVES, Polynesia, Micronesia, Indian, Malé, Himandhoo, Huvadhoo, ”, England, Dhigulaabadhoo, Wade, Plymouth, grinned, Hulhumalé, New City, Sand, City, Towers City, Himandhoo’s, Rakeedhoo

☆ Great savers could face a 'tax time bomb' in retirement, advisor says — here's how to avoid it
▼ + stars: | 2024-06-25 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +1 min

If you're nearing retirement with a large pre-tax 401(k) plan or individual retirement account balance, you need a plan for managing future levies, financial experts say. Great savers could face a "tax time bomb" in retirement when required withdrawals kick in, said certified financial planner Scott Bishop, partner and managing director of Presidio Wealth Partners in Houston. RMDs are typically tied to pre-tax retirement accounts, which incur regular income taxes for withdrawals. Those RMDs could push some retirees into a higher tax bracket, according to Bishop, who is also a certified public accountant. Those lower rates are scheduled to sunset after 2025 without an extension from Congress.

Persons: Scott Bishop, Joe Biden Organizations: Presidio Wealth Partners, Finance Locations: Houston

☆ Kenya: Concerns over missing protesters as country erupts in tax hike demonstrations
▼ + stars: | 2024-06-24 | by ( Larry Madowo | ) edition.cnn.com time to read: +2 min

CNN —Concerns are mounting in Kenya as reports emerge of protesters going missing amid nationwide demonstrations against proposed tax increases in the Finance Bill 2024. The protest movement has gained significant traction through social media, where organizers have called on all Kenyans to participate in the nationwide strike. The country’s interior minister has warned that demonstrations must end by sunset or 6.30 p.m local time, whichever is earlier. Kindami did not respond to concerns about a few prominent social media users who have been reported missing in recent days. The Law Society of Kenya’s President, Faith Odhiambo, described the incident as an abduction and accused intelligence officers of misconduct.

Persons: Gen Z, ”, Kithure Kindami, ” Kindami, Faith Odhiambo, Odhiambo, Babu Owino, “ Organizations: CNN, Law Society of Kenya’s, Law Society of Kenya, National Assembly Locations: Kenya, ”, Kenya’s, Nairobi, Kindami, policymaking

☆ A New Yorker took her first solo trip to Greece at 38. She loved the slower pace of life so much that she moved there.
▼ + stars: | 2024-06-24 | by ( Ella Hopkins | ) www.businessinsider.com time to read: +7 min

She told Business Insider she worked 16 hours a day some days and often worked weekends. Rodriguez told BI they'd been working hard on a new project just before being let go. AdvertisementWith her new business, Rodriguez thought she needed to stay in New York to meet clients in person. She took a solo trip to GreeceRodriguez decided to attend a friend's birthday party in Greece in June 2021. She'd never visited the country before and decided to take a 10-day solo vacation to Greece around the party.

Persons: —, Marissa Rodriguez, Rodriguez, she'd, Chris Burch, Wonder, Sofia Vergara, Renata Black's, Greece Rodriguez, She'd, New York —, couldn't Organizations: Service, New York University, Business, C.Wonder Locations: Puerto Rico, Manhattan, New York, Greece, America, Athens, there's, New York City

☆ I booked an all-inclusive trip to the Amazon rainforest, and I can't believe how much I got for $90 a day
▼ + stars: | 2024-06-23 | by ( Eibhlis Gale-Coleman | ) www.businessinsider.com time to read: +7 min

Read previewAs a child, I dreamed of visiting the Amazon rainforest, but I always envisioned it being wildly inaccessible. So when I found a three-day, all-inclusive tour of the Amazon rainforest at Green Forest Ecolodge for just $270, I knew I had to go. The package included all my meals, bus and canoe transfers, a private lodge, and up to four activities a day. I couldn't believe the value I got for my moneyI highly recommend this all-inclusive trip. Eibhlis Gale-ColemanVisiting the Amazon rainforest was the opposite of what I expected.

Persons: —, Eibhlis Gale, Coleman, I'd, Gale, Elvis Organizations: Service, Business, Lago Agrio Locations: Ecuador, Quito, Lago

☆ I went glamping in the Sahara Desert. I thought I'd hate it, but even the freezing temperatures didn't get me down.
▼ + stars: | 2024-06-21 | by ( Jamie Davis Smith | ) www.businessinsider.com time to read: +5 min

At first, I didn't realize what I was in forThe Sahara Desert can get cold at night. Jamie Davis SmithWhen I signed up for the trip, I naively assumed a desert in North Africa would be comfortable in December. Fortunately, the desert camp was much nicer than I expectedThe Sahara Desert camp felt surprisingly cozy. Jamie Davis SmithMy camp in the Sahara — El Borj, located in Erg Chebbi — was anything but basic. Jamie Davis SmithI woke up early, in time to catch the golden sunrise over the dunes.

Persons: —, Jamie Davis Smith, Erg Chebbi —, I'd, glamping Organizations: Service, Business Locations: Morocco, North Africa, Erg, Moroccan

☆ I booked a weeklong trip to a mystery destination. I had a lot of fun, but I'd do a few things differently next time.
▼ + stars: | 2024-06-20 | by ( Andrea G. Preziotti | ) www.businessinsider.com time to read: +6 min

The company then sent me a trip proposal, which provided a few clues about the city I'd be traveling to. Related storiesBecause the tour company didn't note the terminal information on the envelope, I had no choice but to open the card in the car, which was underwhelming. Andrea G. PreziottiI also enjoyed the other trips Journee booked for me, including a drive along the countryside to a small village southeast of the city. Andrea G. PreziottiAlthough I enjoyed the group excursions, I worried that I wouldn't have enough time to explore the city on my own. Next time, I would book with a friend and have a more direct conversation with the tour company about having more time for independent exploration.

Persons: —, Booking.com, Andrea G, Preziotti, Journee, hadn't Organizations: Service, Business, Newark Airport, UNESCO, Fado Museum Locations: Newark, Lisbon, Alcântara

☆ Summer as a divorced parent goes too fast. I much prefer the school year when I see my kids more.
▼ + stars: | 2024-06-20 | by ( Isobella Jade | ) www.businessinsider.com time to read: +4 min

One thing I didn't expect as a divorced parent is how different summer would be. The everlasting days of summer feel rushed and hurried now and then feel too long when my kids aren't with me. My kids are 11 and 9 years old, and they alternate between homes week to week during the school year. During the school year, I could visit my kids for lunch or visit them while cheering for soccer or basketball games on weekends. Before we know it, I'll ask my kids what they want to wear on the first day of school.

Persons: I'd, there's, I've Organizations: Service, Business, Astros Locations: Virginia

☆ Milan men’s fashion week: Sun, sea and short shorts
▼ + stars: | 2024-06-20 | by ( Scarlett Conlon | ) edition.cnn.com time to read: +8 min

Milan CNN —There are few things more synonymous with Italy in spring and summer than its beaches. Pines, agaves, the scents of salt and resin were inspiration for designer Massimo Giorgetti at MSGM as the label celebrated their 15th anniversary. “This collection speaks of encounters — ‘icontri’ — between the city and the beach and among people who love life,” said Napoli-born De Sarno. Actor Paul Mescal — a known fan of the short short — was sat front row at the Gucci Men's Spring-Summer 2025 show. A theme of reflective team spirit prevailed in sporty collegiate silhouettes featuring the Fendi crest comprising a squirrel, the Fendi stripe, and a Roman God.

Persons: Milan, Massimo Giorgetti, Justin Shin, Rimini —, Gabbana, Stefano Dolce, Domenico Gabbana, Vittorio Zunino Celotto, ”, Sabato de Sarno, —, Napoli, De Sarno, William Finnegan’s, Paul Mescal —, Victor Boyko, Pixelformula, Sabato De Sarno's, Gucci, Ik, Prada, creased, tromp, Miuccia Prada, “, Raf Simons, chimed Simons, tromp l’oeil, Ik Aldama, JW Anderson, Jonathan Anderson, Adrian Appiolaza, Lev Tanju, Karl Lagerfeld, Shutterstock, Daniele Venturelli, Silvia Fendi Organizations: Milan CNN, Dolce, Gucci, JW, Astra Marina Locations: Italy, Amalfi Coast, Milan, MSGM, agaves, Rimini, Ligurian Coast, Northern Ireland, Moschino, Northern Irish, Fendi, Italian

☆ She grew up helping her grandparents run a shoemaking shop. In college, she came up with a plan to save it.
▼ + stars: | 2024-06-19 | by ( Faye Bradley | ) www.businessinsider.com time to read: +6 min

Miru Wong with her grandfather Wong Tat-wing at the original Sindart shop. The cheapest pair is made without embroidery and costs 99 Hong Kong dollars, or $12. Wong says most of the materials — including nylon, silk, satin, and brocade — are sourced from Hong Kong, Japan, and Europe. AdvertisementOthers feel that more can be done in order to pass down the skills in Hong Kong. "Rising labor costs in Hong Kong also make it difficult for traditional shoemakers to maintain profitability," Cho said.

Persons: —, Miru Wong, Hong, Wong Tat, Wong, Wong reguarly, she's, shoemakers, Erin Cho, Cho, Lindsay Varty, Varty Organizations: Service, Polytechnic University, Business, Hong, HK, Hong Kong Polytechnic University's School of Fashion, Textiles, Social, Sunset Locations: Hong Kong, Japan, Europe

☆ The 91-year-old owner of the iconic Hollywood Arby's has closed the restaurant after 55 years due to the pandemic and California's $20 minimum wage
▼ + stars: | 2024-06-18 | by ( Grace Dean | ) www.businessinsider.com time to read: +3 min

"Truth is, I think it was the pandemic that did us in," 91-year-old owner Marilyn Leviton told KTLA-5. California's $20 minimum wage for fast-food workers and a need for new equipment also led to the restaurant's closure, she said. AdvertisementBeef sandwich chain Arby's has closed its restaurant on Hollywood's Sunset Boulevard after 55 years of operating under one owner. California raised its minimum wage for workers at quick-service restaurant chains to $20 an hour in April — 25% more than the state's general minimum wage. Speaking about the closure of her restaurant, Leviton said: "I'm awfully sorry that it came to this."

Persons: Marilyn Leviton, —, Leviton, Rich Fury, Arby's Organizations: KTLA, Service, Local, Business Locations: California, —

☆ Housing is now 'impossibly unaffordable' in these 4 cities — and they're all in the same state
▼ + stars: | 2024-06-18 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +1 min

Four of the world's 11 "impossibly unaffordable" housing markets are in California, a study found. The study blamed land use policies for constraining housing supply and driving up prices. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . In fact, four of the 11 most unaffordable housing markets in the English-speaking world are in California — and seven are in the US and Canada, a new study has found. San Jose, Los Angeles, San Francisco, and San Diego are all "impossibly unaffordable," according to the 2024 Demographia International Housing Affordability report.

Persons: — Organizations: Service, Business Locations: California, Canada, California —, San Jose , Los Angeles, San Francisco, San Diego

☆ Trump tax breaks are set to expire after 2025. Here's what advisors are telling their clients
▼ + stars: | 2024-06-18 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +1 min

With trillions of dollars in tax breaks scheduled to expire after 2025, financial advisors are working with clients to prepare for the looming tax cliff. Enacted by former President Donald Trump, the Tax Cuts and Jobs Act of 2017, or TCJA, included lower federal income tax brackets, bigger standard deductions and higher gift and estate tax exemptions, among other provisions. If Congress doesn't take action, those tax breaks will sunset after 2025. And if the TCJA provisions expire, more than 60% of tax filers could face increased taxes, according to the Tax Foundation. Here are some tax strategies advisors are discussing with their clients.

Persons: Donald Trump, Jim Guarino, Baker Newman Noyes, Mary, Guarino Organizations: Tax, Finance Locations: Woburn , Massachusetts

☆ There are 4 cities where housing is now 'impossibly unaffordable' — and they're all in the same state
▼ + stars: | 2024-06-18 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +1 min

Persons: — Organizations: Service, Business Locations: California, Canada, California —, San Jose , Los Angeles, San Francisco, San Diego

☆ How the Christ Redeemer statue in Rio de Janeiro became the symbol of Brazil
▼ + stars: | 2024-06-15 | by ( Julia Buckley | ) edition.cnn.com time to read: +13 min

Perched on the Corcovado – a 2,300-foot-high granite outcrop looming above the city – the Cristo Redentor (Christ Redeemer) statue sweeps its arms out in a warm embrace, welcoming visitors to the city of samba. “It is he who finds me when I arrive in Rio.”For over a century, the statue has been a symbol of Rio de Janeiro. Christ Redeemer bags are his top sellers, tied with those sporting the Sugarloaf Mountain. Deemed one of the seven modern wonders of the world, the Christ Redeemer is Rio’s most visited attraction, says tour guide Cristina Arroio. Maybe that’s the ultimate miracle of the Christ Redeemer.

Persons: ”, Gilson Martins, Michelle Obama, Heitor da Silva Costa, Jesus teetering, Paulo Vidal, it’s, Vidal, Instituto Moreira Salles, Jesus Christ, Da Silva Costa –, –, Carlos Oswald, Paul Landowski, Da Silva Costa, Soapstone, Márcia Braga, Work, IPHAN, It’s, Matthew Stockman, Gilson Martins Braga –, “, Braga, ” Gilson Martins, ’, Emmanuele, Tom Jobin, “ Da, O, que lindo, ” Martins, ’ ”, Francesco Perrotta, Lina Bo Bardi, Corcovado, Mauro Pimentel, Cristina Arroio Organizations: CNN, Instituto, Nacional, Historical, Heritage, UNESCO, “, Guanabara ”, cariocas, Bosch, Getty Locations: Rio de Janeiro, Rio, Brazil, Calvary, Polish, Latin America, steatite, Minas Gerais, Braga, Ipanema, Guanabara, ” Rio de Janeiro, AFP

☆ Rich tourists rejoice! Greece is finally doing something about the cruise ship problem.
▼ + stars: | 2024-06-15 | by ( Madeline Berg | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewTourists headed to the expensive hotels of Mykonos and Santorini: rejoice! About 36 million people visited Greece last year, up 20.8% from 2022, according to data from the Bank of Greece. Advertisement"In Santorini, even tourists complain about the great number of tourists," Greece's ombudsman said in a report released on Thursday. In fact, Koru, the superyacht owned by Jeff Bezos, has already made its way to Greece for the summer.

Persons: —, Kyriakos Mitsotakis, Louis Vuitton, Mykonos, Georgios Hatzimanolis, Jeff Bezos Organizations: Service, Bloomberg, Business, Bank of Greece, Bank of, Greek Tourism, Louis Locations: Mykonos, Santorini, Greece, Bank of Greece, Soho

☆ Ford ends EV dealership program that required hefty investment to sell electric models
▼ + stars: | 2024-06-13 | by ( Michael Wayland | ) www.cnbc.com time to read: +1 min

An electric Ford truck is displayed during the Electrify Expo D.C. in Washington, D.C., on July 23, 2023. Ford Motor is ending a controversial electric vehicle dealership program that initially asked store owners to invest upward of $1 million to sell EVs. That's led to automakers delaying or canceling future electric vehicles and investments. "The world has changed," Marin Gjaja, chief operating officer of Ford's Model E electric vehicle business, said Thursday during a media briefing. Instead, Ford will open EV sales to all of its dealers in an attempt to grow sales of its all-electric cars and trucks.

Persons: Jim Farley, That's, Marin Gjaja, Gjaja, Ford Organizations: Washington , D.C, Ford Locations: Washington ,

☆ Saudi Arabia is seeking billions in Chinese investment for Neom. But it comes with a massive risk.
▼ + stars: | 2024-06-13 | by ( Tom Porter | ) www.businessinsider.com time to read: +7 min

Read previewAt a recent exhibition in Hong Kong, Saudi Arabia showcased its futuristic vision for its planned Neom megacity. It was part of Saudi Arabia's drive to secure billions in new investment for the project, which is the centerpiece of Saudi ruler Mohammed bin Salman's Vision 2030 strategy. China sees Saudi Arabia as not just a business opportunity but a way of undercutting the influence of its longtime Saudi ally, the US. AdvertisementIn April, Saudi Arabia's Public Investment Fund-subsidiary Alat signed a deal with Dahua Technology, one of China's most important surveillance technology firms. "The main risk today to Saudi Arabia's tech cooperation with China is the growing China-US tech war.

Persons: —, Mohammed bin Salman's, Xi Jinping, Mohammed bin Salman Al Saud, Yue Yuewei, Leonard Chan, Robert Mogielnicki, Abdullah Al, Crown Prince Mohammed, Alat, GREG BAKER, Camille Lons, Neom that's, Saudi Arabian Crown Prince Mohammed bin Salman, Saudi Arabia's, Biden Organizations: Service, Business, Saudi, Saudi Crown Prince, Getty, Hong Kong Innovative Technology Development Association, Gulf States Institute, Crown, Public Investment Fund, Dahua Technology, US, European Council, Foreign Relations, Saudi Arabian Crown, New York Times Locations: Hong Kong, Saudi Arabia, Saudi, Riyadh, Xinhua, China, Washington, Neom, Riyadh Tower, Beijing, Israel

Republican presidential candidate, former U.S. President Donald Trump speaks during his campaign rally at Sunset Park on June 09, 2024 in Las Vegas, Nevada. Donald Trump on Thursday brought up the idea of imposing an "all tariff policy" that would ultimately enable the U.S. to get rid of the income tax, sources in a private meeting with the Republican presidential candidate told CNBC. Trump in a Truth Social post later Thursday morning said there was "lots discussed, all positive" in the meeting, without providing any more details. Trump's remark about replacing income taxes with tariffs quickly drew critics. Trump was later impeached in the House for inciting the violent mob that stormed the Capitol and temporarily halted the peaceful transfer of presidential power.

Persons: Donald Trump, Trump, Joe Biden, Spokespeople, David Kamin, Catherine Rampell Organizations: Republican, CNBC, Trump, GOP, Capitol Hill Club, Washington , D.C, New York University School of Law, Washington Post, Capitol, U.S, Biden Locations: Las Vegas , Nevada, Washington ,

☆ Elon Musk sure seems to be following Donald Trump's playbook
▼ + stars: | 2024-06-13 | by ( Aditi Bharade | Jyoti Mann | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewElon Musk seems to be taking a page out of Donald Trump's playbook. This story is available exclusively to Business Insider subscribers. Musk admitted in his March interview with Don Lemon that he takes a "small amount" of ketamine every other week. Representatives for Musk didn't immediately respond to a request for comment from Business Insider, made outside normal working hours.

Persons: —, Elon, Donald Trump's playbook, Trump, Musk, David Sacks, Chamath Palihapitiya, they've, Zuck, Mark Zuckerberg, Sam Altman, There's, Don Lemon, Lemon, Musk didn't Organizations: Service, White, Business, Tesla, SpaceX, Wall Street, Trump, Reuters, Republican, OpenAI, Microsoft, Representatives Locations: San Francisco

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