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☆ Neom is a '50-plus-year plan,' says Saudi Arabia's finance minister
▼ + stars: | 2024-11-28 | by ( Polly Thompson | ) www.businessinsider.com time to read: +2 min

Neom is one element, and its finance minister said the project is a "very long-term program." Saudi Arabia's finance minister has described the kingdom's ambitious Neom project as a "very long-term program" and returns should not be expected in the coming years. AdvertisementSaudi Arabia forecast a $26.8 billion deficit for 2025, or about 2.3% of GDP, in its Budget statement on Tuesday. The Saudi economy has contracted in recent years as the changes take place and global oil prices have declined. NeomIn 2022, Saudi Arabia was the fastest-growing G20 economy, according to the IMF.

Persons: Mohammed Al Aljaadan, Neom, Aljaadan Organizations: Reuters, IMF, Saudi Locations: Saudi Arabia, Neom, Saudi, Yemen, Saudi's

☆ For over 25 years, this photographer had a window-side seat at the Macy’s Parade
▼ + stars: | 2024-11-28 | by ( Oscar Holland | ) edition.cnn.com time to read: +6 min

CNN —When photographer Elizabeth Kahane’s husband asked where in New York they should live following their engagement in 1998, she had a very specific requirement for their marital home: A view of the annual Macy’s Thanksgiving Day Parade. Its street-facing windows offered the perfect vantage point to watch — and photograph — the procession, which travels down through midtown Manhattan to Macy’s department store on Thanksgiving morning. The photographer has captured the spectacle almost every year since, missing the parade just twice in over a quarter of a century. Thomas the Tank Engine, the Kool-Aid Man and Boss Baby are just some of the dozens of other outsized characters Kahane has pictured floating slowly past her home — often at eye-level. Some shots were taken from inside the apartment, with kids seen enjoying the surreal view of parade characters — from Sonic the Hedgehog to Pikachu, gleefully riding a Poké Ball-inspired sled — looming outside.

Persons: Elizabeth Kahane’s, “, ”, Kahane, Snoopy, SpongeBob, Max, glares, Thomas, Baby, ” Kermit, E.A.Kahane, Kermit, you’re, who’s, ” Kahane, “ I’ve, Greg Heffley, I’ve, “ It’s, Ronald McDonald, Bluey, Gabby, Netflix’s “, Marshall Organizations: CNN, Park West, “ Locations: New York, Manhattan, York

☆ 5 things to consider buying before new tariffs take effect
▼ + stars: | 2024-11-28 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +6 min

Such tariffs have the potential to significantly increase the prices consumers pay on nearly everything that isn’t made entirely in the US, of which there are very few goods. And as we witnessed during the pandemic, “stockpiling by consumers can actually lead to higher prices in and of themselves and empty store shelves,” he said. That said, here are five items that are likely to get more expensive with any new tariffs Trump imposes that may make sense to purchase before he takes office. But if you need a new one – or will soon – now’s a good time to consider buying. E-bikesOne item that tops the list of things that could get spendier under Trump’s tariffs is e-bikes, Lincicome told CNN.

Persons: Donald Trump’s, Trump, he’s, isn’t, Scott Lincicome, –, ” Lincicome, Ed Brzytwa, Gary Shapiro, “, Corie Barry, Lincicome, “ It’s, Donald Trump Organizations: New, New York CNN, Peterson Institute for International Economics, Cato Institute, Trump, National Retail Federation, Consumer Technology Association, CTA, CNN, “ Locations: New York, Mexico, Canada, China, US

☆ Mark Zuckerberg reportedly met with Trump at Mar-a-Lago
▼ + stars: | 2024-11-28 | by ( Kelsey Vlamis | Erin Snodgrass | ) www.businessinsider.com time to read: +1 min

AdvertisementMark Zuckerberg met with President-elect Donald Trump at Mar-a-Lago in Florida, the NYT reported. Trump and Zuckerberg, who did not endorse a candidate for president, have had a rocky relationship. Mark Zuckerberg became the latest tech CEO to meet with President-elect Donald Trump. The New York Times reported the Meta CEO met with Trump at the latter's Mar-a-Lago resort in Florida on Wednesday, citing two sources briefed on the meeting. Advertisement"Congratulations to President Trump on a decisive victory.

Persons: Mark Zuckerberg, Donald Trump, Trump, Zuckerberg Organizations: Mar, The New York Times, Meta, Trump, Business Locations: Lago, Florida

☆ Opinion | My Brother Is Doing the Trump Dance
▼ + stars: | 2024-11-28 | by ( Maureen Dowd | ) www.nytimes.com time to read: +1 min

I can assure you that Kevin is very real and, this year, very excited. Somehow this racist dictator was able to assemble a new coalition of Black, Hispanic, middle-class and working-class voters. Turns out even people in blue America don’t like it when their groceries cost more and they feel less safe. I must admit I had misgivings about Trump and his election denial after Jan. 6, but Nancy Pelosi’s hijacking of the House’s special investigating committee shifted my perspective. There was no world in which Trump could have come out of that committee without being scarred.

Persons: Kevin Dowd, Kevin, —, Donald Trump, Adolf Hitler, Harris, Joe Biden, Alejandro Mayorkas, Trump, Nancy Pelosi’s Organizations: Black, Biden, Voters, Trump Locations: ROCKVILLE, Md, America

☆ 15 travel destinations so overrun with tourists that you may not want to visit, according to travel guide Fodor's
▼ + stars: | 2024-11-28 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +2 min

The 2025 "No List" from Fodor's highlights destinations under unsustainable tourism pressures. The company's 2025 "No List" includes destinations that have long had problems managing tourism levels, as well as newer ones or places where the situation is expected to worsen. "The No List serves to highlight destinations where tourism is placing unsustainable pressures on the land and local communities. For busy destinations, they recommended trying to visit during the off or shoulder seasons. They also stressed the importance of being responsible tourists and respecting all local laws.

Persons: Fodor's

☆ Read a VC firm's advice for founders about how to use AI
▼ + stars: | 2024-11-28 | by ( Melia Russell | ) www.businessinsider.com time to read: +10 min

AdvertisementIt's still a good time to embrace the AI revolution, according to VC firm Insight Partners. A recent Insight survey showed that 72% of its portfolio companies are using AI in their workflows. AdvertisementA recent survey by Insight showed that 72% of its portfolio companies are using AI, with 36% of them allocating new budgets specifically for these initiatives. Related storiesFocus on leveraging emerging AI technologiesThe idea of incorporating generative AI (GenAI) into companies can be daunting but it also has the potential to impact every function of a business. In a recent portfolio company survey, we found that 72% of portfolio companies are using Artificial Intelligence, with 36% of those companies creating a net new budget for those initiatives.

Persons: It's, you've, – Organizations: Insight Partners, Business, Insight, Wiz

☆ Opinion | The Inverted Morality of MAGA
▼ + stars: | 2024-11-28 | by ( David Brooks | ) www.nytimes.com time to read: +1 min

He built a successful investment firm by supporting successful young businesses like Staples. But as Noah Millman writes on Substack, people in the MAGA movement take a different view of Romney. Millman’s underlying point is it’s not sufficient to say that Trump is leading a band of morally challenged people to power. The people I regard as upright and admirable MAGA regards as morally disgraceful, and the people I regard as corrupt and selfish MAGA regards as heroic. The crucial distinction is that some of us have an institutional mind-set while the MAGA mind-set is anti-institutional.

Persons: Mitt Romney, Donald Trump, Noah Millman, MAGA, Romney compliantly, Trump Organizations: Staples, Republican Locations: Romney, Washington

☆ What Thanksgiving dinner looks like for NASA astronauts in space
▼ + stars: | 2024-11-28 | by ( Mikhaila Friel | ) www.businessinsider.com time to read: +3 min

AdvertisementNASA astronauts on the ISS share Thanksgiving plans in a video on X.Suni Williams and Buth Wilmore's return to Earth was recently delayed until 2025. NASA plans to bring them back using the SpaceX Crew Dragon in early 2025. NASA astronauts living and working on the International Space Station (ISS) gave a glimpse into what Thanksgiving day will look like for them. The crew shared plans to enjoy a holiday meal together and showed a container of food which they said had smoked turkey, Brussels sprouts, butternut squash, and apples and spices. In 1973, Skylab 4 astronauts Gerald P. Carr, Edward G. Gibson, and William R. Pogue became the first crew to celebrate Thanksgiving in space.

Persons: Suni Williams, Buth, Nick Hague, Butch Wilmore, Don Pettit, Williams, Gerald P, Carr, Edward G, Gibson, William R, Pogue, Wilmore, We're, there's Organizations: NASA, SpaceX, Space, NBC News, Skylab, NBC Locations: Brussels, Turkey

The uneasy truce between Israel and the militant group Hezbollah largely held through its second day in Lebanon on Thursday, although Israel conducted an airstrike that it said targeted militants violating terms of the cease-fire deal. The Israeli strike was the first of its kind since the U.S.-backed cease-fire went into effect before dawn on Wednesday. But despite an exchange of blame between two parties of the deal — Israel and Lebanon — neither of the war’s combatants, Israel or Hezbollah, seemed keen to immediately return to full-scale fighting. Lebanon’s army, which is set to play a major role in enforcing the truce, accused Israel of violating the cease-fire “several times” on Thursday afternoon. The Israeli military also said its soldiers had stopped militants from advancing into southern Lebanon.

Persons: Lebanon —, Israel, Herzi Halevi, ” Locations: Israel, Lebanon, U.S, “

☆ Trump tariffs would increase the price of cars made by US automakers by over $2K: Wells Fargo
▼ + stars: | 2024-11-28 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +3 min

AdvertisementDonald Trump said he'd put in place 25% tariffs on Mexican and Canadian imports upon taking office. This would push up prices for US-assembled cars by an average of $2,100, according to Wells Fargo. President-elect Donald Trump's proposed tariffs on Mexico and Canada would drive up the price of cars assembled in the US by an average of $2,100, according to estimates made by analysts at Wells Fargo. "Autos are stuck in the middle of Trump's geopolitics," the analysts said in a note on Wednesday, per Fortune. AdvertisementHowever, he said doing so may be more difficult than Trump expects due to massive US investments in Mexico.

Persons: Donald Trump, he'd, Donald Trump's, Trump, Wells Fargo, Wells, Claudia Sheinbaum Pardo, Sheinbaum, Colin Lewis, Marcelo Ebrard Organizations: —, Motors, Ford Motor Company, Ford, London School of Economics, Trump, Ebrard, ~$ $ Locations: Wells Fargo, Mexico, Canada

☆ I was an overworked teacher in the US, so I moved to Portugal. I couldn't be happier with my decision.
▼ + stars: | 2024-11-28 | by ( ) www.businessinsider.com time to read: +7 min

I sold everything, moved to Portugal, started my own business, and am living my best life. This is what I would dream of on stressful, busy days as a teacher in the US. I've also discovered a new-found love of Portuguese wine. Looking back on my journey, I am incredibly thankful for my decision to take this leap of faith and move years ago. This environment allows me to truly live my best life, appreciate the little things, and find joy every day.

Persons: I'm, Gabby Giffords, Jeana Whitaker, I've, haven't Organizations: Theatre, Portuguese Locations: Portugal, Lagos, Arizona, Europe, Port, Douro, stoplights

☆ DK Metcalf: The journey of the ‘eclectic’ Seattle Seahawks receiver
▼ + stars: | 2024-11-28 | by ( Coy Wire | Ben Morse | ) edition.cnn.com time to read: +9 min

The then-21-year-old was ruled out for the remainder of the season, and a doctor told him at the time that he’d never play football again. But remarkably, Metcalf made a full recovery, declaring for the 2019 NFL Draft in which he was selected by the Seattle Seahawks with the final pick of the second round. But despite his impressive showing, Metcalf fell to the second round of the NFL Draft where the Seahawks selected him with the 64th overall pick – the ninth receiver taken overall. Metcalf was selected with the 64th pick in the 2019 NFL Draft. “Because there was a time where I was sitting in college with a broken neck not knowing if I was going to play football again.

Persons: CNN —, Metcalf, he’d, CNN Sport’s Coy, “, ” Metcalf, Wire, Jennifer Stewart, Terrence, Terry, Eric, ”, Ole Miss, AJ Brown, Russell Wilson, Budda Baker, Baker, Kliff Kingsbury, Pete Carroll, I’ve, ” Baker –, –, Steph Chambers, ’, it’s, Joe Nicholson, – Metcalf, Decaf Metcalf ” –, … Organizations: CNN, CNN — DK, Ole Miss, Alabama, Seattle Seahawks, CNN Sport’s, NFL, Chicago Bears, Detroit Lions, New, New Orleans Saints, Seahawks, Seattle, Cincinnati Bengals, Eagles, Pro, Arizona Cardinals, Cardinals, Dallas Cowboys, USA, Reuters, Sound Organization, Small Locations: Oxford , Mississippi, New Orleans, Mississippi

Hamas has long believed that a wider war in the Middle East would help deliver the organization a victory in its war with Israel. But the cease-fire deal to stop the fighting between Israel and the Lebanese group Hezbollah has left that strategy in tatters, potentially removing Hamas’s most important ally from the fight, according to U.S. officials. The agreement is a step forward for the Biden administration, which has tried to contain that wider war and increase pressure on Hamas to make a deal with Israel and release the hostages it holds in Gaza. But even before the Lebanese cease-fire was announced on Tuesday, Palestinian and U.S. officials said they believed that Hamas’s political leadership was ready to make a deal and abandon the strategy formulated by its leader, Yahya Sinwar, who was killed by Israeli forces last month.

Persons: Biden, Yahya Sinwar Organizations: Lebanese, Hezbollah Locations: Israel, Gaza, Palestinian, U.S

Maps Pinpoint Where Democrats Lost Ground Since 2020 in 11 Big Cities A Times analysis shows where Kamala Harris got fewer votes compared with Joseph R. Biden Jr. and which voting blocs drove each city’s red shift. But she ended up doing worse in urban America — getting 15 percent fewer votes than Mr. Biden in some cities. She picked up just 127,000 votes in Mexican and Puerto Rican neighborhoods, 47,000 fewer than Mr. Biden earned in 2020. Mr. Trump made small gains across the board, but Ms. Harris’s losses were much steeper. While Ms. Harris matched Mr. Biden’s vote total overall, Mr. Trump made significant gains throughout the area.

Persons: Kamala Harris, Joseph R, Biden, Donald J, Trump, Harris, Trump’s, Biden’s, Francisco, Harris’s, — Organizations: Cities, Atlanta Chicago Detroit Houston Las Vegas Miami Milwaukee New York City Philadelphia Phoenix San, America —, New York Times, Trump, Georgia, Mr, Democratic, Biden, Democratic Party, Cuban, Dade, Republican, Arizona Locations: Atlanta Chicago Detroit Houston Las Vegas Miami Milwaukee New York City Philadelphia Phoenix San Francisco, America, Atlanta, Chicago, Puerto Rican, Detroit, Wayne County, Dearborn, Hamtramck, Houston, Vegas, Miami, Nicaraguans, Dade County, Florida, Milwaukee, New York, Dominican, Philadelphia, White, Black

☆ Video: See moment a cocaine-filled ‘narco sub’ is captured in international drug operation
▼ + stars: | 2024-11-28 | by ( Marika Gerken | ) edition.cnn.com time to read: 1 min

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☆ Australia passed a law banning social media for kids under 16. Tech companies will need creative solutions to avoid $32 million fines.
▼ + stars: | 2024-11-28 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +3 min

AdvertisementAustralia's government approved a law that would ban social media for kids under 16. The law gives tech companies one year to figure out how to keep children under 16 from using their social platforms or risk up to $32 million in fines. Australia's new law specifically bars social media companies from asking for users' IDs in an effort to protect privacy rights. Snap Inc., which owns Snapchat, said "device-level age verification" was the best possible option to meet the requirements. "We know some kids will find workarounds, but we're sending a message to social media companies to clean up their act."

Persons: Australia's, Snapchat, Anthony Albanese, Julie Inman Grant, Elon Musk, Albanese Organizations: Meta, New York Times, Google, Inc Locations: Australia

☆ Amazon workers plan global protests during the Black Friday shopping weekend for the fifth year in a row
▼ + stars: | 2024-11-28 | by ( Katherine Long | ) www.businessinsider.com time to read: +5 min

It's the fifth year Amazon workers have protested during the major shopping weekend. The protests are part of the fifth annual Make Amazon Pay campaign, organized by a coalition of labor and progressive organizations. The Amazon Labor Union, which represents roughly 5,500 workers in a Staten Island warehouse, voted in June to affiliate with the Teamsters. AdvertisementWhat about Amazon's climate footprint? Significant delays haven't occurred as a result of Make Amazon Pay protests in prior years, and it seems unlikely they will impact shipping times this year.

Persons: It's, Amazon, Jeff Bezos, Eileen Hards, We've, Karen Ducey, Eliza Pan, Hards, Andy Jassy Organizations: Black, Workers, Retail, Wholesale, Department Store Union, Amazon, Teamsters Union, Amazon Labor Union, Teamsters, Amazon Employees, Climate Justice, Seattle Times Locations: U.S, New Delhi, New York City, Staten Island, California , Kentucky, Atlanta, Seattle

☆ South Korea unexpectedly cuts rates by 25 basis points — first back-to-back cuts since 2009
▼ + stars: | 2024-11-28 | by ( Lim Hui Jie | ) www.cnbc.com time to read: 1 min

A pedestrian walks past signage for the Bank of Korea in Seoul, South Korea, on Monday, Nov. 22, 2021. South Korea on Thursday cut its benchmark interest rate by 25 basis points to 3% in a surprise move, as the country strives to boost its economy that has seen tepid growth. Economists polled by Reuters had estimated the bank to hold rates at 3.25%. This also marked the first time the BOK has enacted two back-to-back cuts since 2009. It had cut rates by 25 bps in its last meeting in October.

Persons: BOK Organizations: Bank of, Reuters, bps Locations: Bank of Korea, Seoul, South Korea

☆ At least 15 killed and more than 100 missing after landslides bury homes in Uganda
▼ + stars: | 2024-11-28 | by ( Story Associated Press | ) edition.cnn.com time to read: +1 min

AP —At least 15 people have died and 113 others are still missing after landslides buried homes in six villages in eastern Uganda, police said. The Uganda Red Cross Society said Thursday that 13 bodies had been recovered after landslides buried 40 homes and the rescue effort was continuing. The landslides happened after heavy rains on Wednesday night in the mountainous district of Bulambuli, where landslides are common. More than a hundred people were missing on Thursday, after the landslides buried homes across six villages. Two rescue boats capsized on Wednesday during a rescue mission on River Nile where Pakwach bridge was submerged.

Persons: Jean Watala Organizations: Buluganya Health, Uganda Red Cross Society, Local, Associated Press, Daily Monitor Locations: Uganda, Bulambuli, Kampala

☆ Chip-supplier stocks jump as the US weighs up fresh China sanctions
▼ + stars: | 2024-11-28 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +3 min

Targeting Chinese chip equipment makers could benefit European firms such as ASML. The Biden administration is reported to be considering fresh sanctions against Chinese semiconductor equipment manufacturers, pushing up stocks of semiconductor suppliers in Europe and Japan. The suggested curbs would add an extra 100 Chinese chip equipment makers to the entity list, the outlet reported. AdvertisementAs part of the sweeping sanctions, the US could add 200 Chinese chip firms to its trade blacklist, Wired reported. American chip equipment makers and allies such as Japan and the Netherlands reportedly pushed back against earlier proposals.

Persons: Biden, SMIC, Jim Reid, Mao Ning, US Department of Commerce didn't Organizations: Wired, Bloomberg, Tokyo, Huawei, CSI, Deutsche, US Department of Commerce, Business Locations: Europe, Japan, China, Shanghai, Netherlands

☆ Shohei Ohtani: Los Angeles Dodgers star seeks $325,000 worth of baseball cards from his ex-interpreter
▼ + stars: | 2024-11-28 | by ( Associated Press | Story The | ) edition.cnn.com time to read: +3 min

AP —Baseball star Shohei Ohtani wants his former interpreter to hand over hundreds of thousands of dollars worth of baseball cards he says were fraudulently bought using his money. The legal filing alleges Mizuhara accessed Ohtani’s bank account beginning around November 2021, changing his security protocols so that he could impersonate him to authorize wire transfers. By 2024, Mizuhara had used that money to buy about $325,000 worth of baseball cards at online resellers eBay and Whatnot, according to the court documents. Ippei Mizuhara, the former interpreter for the Los Angeles Dodgers baseball star Shohei Ohtani, leaves federal court in Santa Ana, California, on June 4, 2024. Earlier this year, Ohtani and the Dodgers won the World Series, and the baseball star won his third Most Valuable Player award.

Persons: Shohei Ohtani, Ippei Mizuhara, Mizuhara, Michael G, Freedman, Shohei, Damian Dovarganes, Ohtani —, — Organizations: —, Los Angeles Dodgers, Derby, American League MVP, Los Angeles Angels, MLB, NBA, NFL, Dodgers Locations: Santa Ana , California, Arizona, Japan

☆ My solo trip to Greece helped me reset, but there are 5 things that would've made it even better
▼ + stars: | 2024-11-28 | by ( Katka Lapelosova | ) www.businessinsider.com time to read: +6 min

AdvertisementIn September, Katka Lapelosova took a solo trip to Greece. If she could do it over, she'd travel there with friends and rent a car. In September, I decided it was time for a solo trip to a Greek island to live out my "Mamma Mia" dreams. The author came across a lot of gap year travelers during her trip to Zakynthos. Understand the difference between beachfront and beach accessOne of the biggest things I'd change about my Greek island trip is booking a hotel that had beach access.

Persons: Katka Lapelosova, Mia, Rhodes, I'd, — Organizations: New York, Colgate Locations: Greece, Zakynthos, Europe, New, New York City, Corfu, Katka, Athens, Taxis

☆ From AI to young new artists, London wants to attract a new generation of art buyers
▼ + stars: | 2024-11-28 | by ( Lucy Handley | In | ) www.cnbc.com time to read: +1 min

As the art market shows signs of slowing, London is looking to attract a new generation of art buyers — and showcase young emerging artists in the process. Global art sales slid 4% year-on-year in 2023, according to the Art Basel & UBS Art Market Report 2024, falling to $65 billion after two years of growth. But now we are seeing more the 25- to 35-[year-old] buyers," he told CNBC's "The Art of Appreciation." HOFA represents artist Sougwen Chung, who uses a robot Chung designed to co-create work. "It was really, really interesting, because we could see my own stylistic input, my own decision making … transferred and translated into a machine system," they said.

Persons: Elio D'Anna, CNBC's, HOFA, Sougwen Chung, Chung, DOUG, … Organizations: Art Basel, UBS Art, of Fine, CNBC, MIT Media Lab Locations: London, London's Mayfair, —

☆ Target’s Hot Santa Ads Join ‘Hot Frosty’ in Spiced Up Holidays
▼ + stars: | 2024-11-28 | by ( Gina Cherelus | ) www.nytimes.com time to read: 1 min

“Sara, did you hear that?” says the woman in the ad. “It was Santa Claus. And he’s, like, weirdly hot.”Indeed, standing in front of her was the tall, attractive and silver-haired Kris K. (presumably short for Kris Kringle), who apparently moonlights as a sales associate at Target when he isn’t delivering gifts around the world. In another ad featuring the reimagined character, a jolly Kris is seen driving to Target from his home in the snowy North Pole. The new campaign, “Kris From Target,” started on Nov. 17 and stirred up viewers online who weren’t expecting such a dramatic makeover for the timeless Christmas figure.

Persons: “ Sara, ”, Santa Claus, Kris K, Kris Kringle, Kris, “ Kris Organizations: Target Locations: Santa

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