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☆ Meet Kim Posnett, the powerful Goldman Sachs dealmaker who was just named head of the investment bank's TMT unit
▼ + stars: | 2023-05-03 | by ( Reed Alexander | ) www.businessinsider.com time to read: +10 min

Kim Posnett was just named head of Goldman's all-important TMT investment banking group. Posnett, 43, has long been one of the most senior figures at Goldman's investment bank. Posnett was previously the head of Goldman's investment-banking services unit, which acts as a salesforce for the global IB division. The former co-head of Goldman's TMT franchise will become co-chairman of the unit. The former would result in the IB services group, which functions, in effect, as a sales force.

☆ North Korean leader orders spy satellite launch as planned -KCNA
▼ + stars: | 2023-04-18 | by ( Soo-Hyang Choi | ) www.reuters.com time to read: +2 min

SEOUL, April 19 (Reuters) - North Korean leader Kim Jong Un has ordered officials to launch the first spy satellite as planned, saying that boosting reconnaissance capabilities is a priority to counter "threats" from the United States and South Korea, state media reported on Wednesday. North Korea in December conducted what it called an important "final phase" test for a spy satellite and said it would complete preparations for the launch by April. KCNA said the satellite production has been completed but it did not elaborate when the scheduled launch date is. "Securing real-time information about the hostile forces' military scenario" is the "most important" task, Kim said. A state media photo showed Kim, accompanied by his daughter, talking to officials in front of a blurred image of an apparent satellite.

In recent years the 15-member body has been split on how to deal with North Korea. Although both Russia and China backed toughened sanctions after North Korea's last nuclear test, in May 2022 they vetoed a U.S.-led push to impose more U.N. sanctions over North Korea's renewed ballistic missile launches. North Korea fired several cruise missiles off its east coast on Wednesday, three days after firing a short-range ballistic missile into the sea. North Korea's last known firing of strategic cruise missiles was on March 12, when it said it fired two from a submarine. "But I think it is a much more dangerous North Korea than it has been in the past," Berrier said.

☆ South Korea tried to push an almost 70-hour work week, but was forced to rethink after millennials and Gen Z protested
▼ + stars: | 2023-03-20 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +3 min

South Korea is rethinking a 69-hour work week proposal after millennials and Gen Z protested. At present, companies must limit overtime work to 12 hours per week, according to measures introduced in 2018 by Yoon's predecessor. South Korea is infamous for its long working hours, with the average citizen working for 1,915 hours in 2021, according to the Organization for Economic Cooperation and Development. Many Korean workers have lost their lives to "Gwarosa" — a Korean word for death by overwork, as the country's working hours exceed the average across the world. "Workers should be allowed to work 120 hours a week and then take a good rest," he said, per the Korea Times.

☆ Kim Jong Un's daughter was a mystery for years, but now she's showing up at North Korea's biggest missile tests
▼ + stars: | 2023-03-17 | by ( Jake Epstein | ) www.businessinsider.com time to read: +9 min

For years, Kim Jong Un's daughter — Kim Ju Ae — was a mystery to the world. But in late 2022 state media began showing photos of her at North Korean military events. Photographs released by state media after the launch appear to show the country's leader, Kim Jong Un, watching with a girl who has been identified by analysts and experts as his daughter, Kim Ju Ae. This photo provided on Nov. 19, 2022, by the North Korean government shows North Korean leader Kim Jong Un, right, and his daughter inspecting a missile at Pyongyang International Airport in Pyongyang, North Korea, Friday, Nov. 18, 2022. In this photo provided by the North Korean government, North Korean leader Kim Jong Un, with his daughter, inspects what it says is an artillery drill at an undisclosed location in North Korea, Thursday, March 9, 2023.

SEOUL, March 17 (Reuters) - North Korea said that Thursday's launch was its largest Hwasong-17 intercontinental ballistic missile (ICBM), fired during a drill to demonstrate a "tough response posture" to ongoing U.S.-South Korea military drills, state media reported. North Korea fired the ICBM into the sea between the Korean peninsula and Japan on Thursday, hours before South Korea's president flew to Tokyo for a summit that discussed ways to counter the nuclear-armed North. Kim accused the United States and South Korea of increasing tensions with the military drills. China, which has a defense pact with North Korea, also blamed the United States for the current tensions, saying they are caused by Washington's efforts to increase pressure on Pyongyang. The Hwasong-17 is North Korea's biggest missile yet, and is the largest road-mobile, liquid-fuelled ICBM in the world.

☆ An Instagram influencer with 3,400 followers has landed more than 40 paid partnerships with brands like Sephora, Fabletics, and Samsung. Here's the exact 1-page media kit she uses.
▼ + stars: | 2023-02-28 | by ( Shriya Bhattacharya | ) www.businessinsider.com time to read: +4 min

Stacy Kim is a third-year student at the University of California, Los Angeles, studying business. She shares the exact one-page media kit she's used to pitch brands like Mejuri and Neutrogena. The company had asked Kim for a media kit, which she quickly created in Canva and sent to them. Here is the exact media kit Kim has uses to land brand collaborations:Kim first created her media kit in January 2022. Stacy KimThe one-page media kit reads:Hi, I'm Stacy Kim, a content creator on Instagram creating fashion, beauty, and travel content.

☆ Human rights in North Korea to stay on UN Security Council radar
▼ + stars: | 2023-02-28 | by ( Michelle Nichols | ) www.reuters.com time to read: +2 min

Since 2006 North Korea has been under U.N. sanctions over its ballistic missiles and nuclear programs, but there are exemptions for humanitarian aid deliveries. The council has annually discussed rights in North Korea for the past three years, but behind closed doors. Between 2014 and 2017 the council held annual public meetings on human rights abuses in North Korea. The following year the United States instead convened a meeting on the threat of escalation by North Korea amid growing tensions between Pyongyang and Washington. The United States sanctioned Kim in 2016 for human rights abuses.

☆ Trump defends Kim Jong Un after recent missile tests, and says he has a right to feel threatened by US military drills in South Korea
▼ + stars: | 2023-02-22 | by ( Tom Porter | ) www.businessinsider.com time to read: +3 min

Donald Trump said North Korea's Kim Jong Un feels 'threatened' by military exercises. He went on to complain that South Korea "pays us very little to do these extremely expensive and provocative drills. A man watches a TV screen showing North Korea's missile launch during a news program at the Seoul Railway Station in Seoul. The tests were a warning to South Korea and the US over extensive military exercises planned over the next few weeks, North Korea said. In response, South Korea, Japan and the US staged joint air drills featuring a strategic bomber and stealth fighters.

☆ North Korea's Kim lauds army ahead of expected military parade
▼ + stars: | 2023-02-08 | by ( Josh Smith | ) www.reuters.com time to read: +3 min

[1/5] North Korean leader Kim Jong Un, his wife Ri Sol Ju and their daughter Kim Ju Ae attend a banquet to celebrate the 75th anniversary of the Korean People's Army the following day, in Pyongyang, North Korea February 7, 2023 in this photo released February 8, 2023 by North Korea's Korean Central News Agency (KCNA). KCNA via REUTERSSEOUL, Feb 8 (Reuters) - North Korean leader Kim Jong Un called for strengthening the country's military, state media reported on Wednesday, as he paid tribute to soldiers and met with troops amid expectations for a major military parade showcasing the latest weapons. According to international analysts, commercial satellite imagery has for months shown North Korean troops practicing for a major military parade that is expected this week. Despite United Nations Security Council resolutions and sanctions, North Korea has forged ahead with banned nuclear weapons and ballistic missile development. South Korea and the United States have stepped up their own military drills to counter the North, drawing condemnation from Pyongyang.

☆ North Korea's Kim sacks No. 2 military official
▼ + stars: | 2023-01-02 | by ( Hyonhee Shin | ) www.reuters.com time to read: +3 min

SEOUL, Jan 2 (Reuters) - North Korea has sacked Pak Jong Chon, the second most powerful military official after leader Kim Jong Un, state media reported. The party's Central Military Commission, which is headed by Kim, is considered the country' most powerful military decision-making body, above the defence ministry. In late 2020, Pak was promoted to the politburo and earned the title of marshal, the highest military rank under Kim, and became a leading voice last November against joint South Korea-U.S. military exercises. Like most other top military aides who went through ups and downs repeatedly under Kim, Pak was briefly demoted in mid-2021 after Kim chided some officials for their handling of North Korea's anti-coronavirus policy, before being promoted again months later. Ri, Pak's successor, is also a senior military commander who held key positions including chief of the army's general staff and defence minister.

☆ North Korea to boost nuclear warhead production 'exponentially,' leader says
▼ + stars: | 2023-01-01 | by ( The Associated Press | ) www.nbcnews.com time to read: +4 min

SEOUL, South Korea — North Korean leader Kim Jong Un vowed to increase the production of nuclear warheads “exponentially” and build a more powerful intercontinental ballistic missile, state media reported Sunday, signaling deepening animosities with the United States, South Korea and others. KCNA cited Kim as saying North Korea is compelled to boost the production “exponentially” to mass-produce tactical nuclear weapons. It said U.S. commitments to defend South Korea and Japan “remain ironclad.”North Korea test-fired more than 70 missiles last year. South Korea acknowledged it failed to shoot down any of the five North Korean drones it said were found south of the border. But South Korea has vowed to bolster its air defense network and get tough on future provocations by North Korea.

☆ 'Sextortion' attacks on the rich and famous are on the rise. Here's how their lawyers discreetly fight back.
▼ + stars: | 2022-12-25 | by ( Laura Italiano | ) www.businessinsider.com time to read: +15 min

Celebrities, sports stars, CEOs have never been more at risk of 'sextortion' attacks, lawyers say. "I'm going to blow up you and your business," the screen read. "If you can't get me money," she texted the terrified CEO, according to records reviewed by Insider, "I'm going to fuck up your whole company." East Coast, West CoastHigh-end sextortions like the case of that Manhattan CEO, one of Saland and Weisberg's recent clients, are spawning a growing legal practice. It's different in ManhattanIn contrast, Manhattan sextortion clients tend to hail not from the A-list, but from the city's vast pool of the anonymously wealthy.

☆ North Korea says its new spy satellite hit a major milestone, but it may be 'too crude' to be useful
▼ + stars: | 2022-12-19 | by ( Park Chan-Kyong | South China Morning Post | ) www.businessinsider.com time to read: +6 min

North Korea launched a rocket carrying a test satellite was launched on Sunday. The rocket carrying the test satellite was launched on Sunday to assess its photography and data transmission systems, state media said. North Korea launched Hwasong-17 ICBMs in February and March, claiming they were spy satellite test launches. South Korea, Japan and US authorities on Sunday said they detected a pair of ballistic-missile launches by North Korea from its northwestern Tongchang-ri area, where the North's satellite launch pad is located. North Korean leader Kim Jong Un and his daughter with what North Korean media called a Hwasong-17 ICBM in Pyongyang on November 18.

☆ The divorce lawyer who's represented Johnny Depp, Kim K, and Angelina Jolie charges $1,000 an hour and says tough love is how she gets things done
▼ + stars: | 2022-12-01 | by ( Mark Ellwood | ) www.businessinsider.com time to read: +12 min

Laura Wasser is a divorce lawyer whose clients have included Johnny Depp and Angelina Jolie. "You'd go to someone's bar mitzvah and say, 'You're Dennis Wasser's daughter,' and they'd say, 'You're at that table,' according to whether my dad had represented the mom or the dad," she said. She'd majored in rhetoric at the University of California, Berkeley, and realized quickly that what she'd loved most about those studies was vital in divorce cases, as was her age and gender. She's a spokesperson for Divorce.com, the do-it-yourself split site, as its chief of divorce evolution and has hosted several podcasts, including "All's Fair with Laura Wasser" and "Divorce Sucks! With Laura Wasser," where one guest was the Kardashian momager and matriarch Kris Jenner.

☆ Exclusive: Tesla readies revamped Model 3 with project 'Highland' -sources
▼ + stars: | 2022-11-28 | by ( ) www.reuters.com time to read: +6 min

[1/2] A Tesla Model 3 sedan, its first car aimed at the mass market, is displayed during its launch in Hawthorne, California, U.S. March 31, 2016. Tesla’s Shanghai Gigafactory will put the redesigned Model 3 into production in the third quarter of 2023, they said. CHANGE YOU CAN SEEThe redesign for the Model 3 builds on the revamp of the Model S -- Tesla’s premium EV sedan -- that was released last year. The Model 3, Tesla’s cheapest EV starting at just under $47,000 in the United States, had been the automaker’s best-seller but is being overtaken by the Model Y crossover. KEEP IT SIMPLEMusk has pushed a simplified approach to design and production at Tesla that the Highland project extends, said the people with knowledge of the development.

☆ Kim Jong Un's daughter makes her second public appearance
▼ + stars: | 2022-11-27 | by ( Associated Press | ) www.nbcnews.com time to read: +7 min

North Korean leader Kim Jong Un’s daughter made a public appearance again, this time with missile scientists and more honorific titles as her father’s “most beloved” or “precious” child. Others showed Kim’s daughter clapping her hands, exchanging handshakes with a soldier or talking to her father as people cheered in the background. “Kim Ju Ae is expected to appear occasionally at Kim Jong Un’s public events and take a succession training.”Revealing the young Ju Ae came as a huge surprise to foreign experts, as Kim Jong Un and his father Kim Jong Il were both first mentioned in state media dispatches after they became adults. Cheong, however, said Kim Jong Il had Kim Jong Un in mind as his heir when his son was 8 years old. Cheong cited his conversations with Kim Jong Un’s aunt and her husband, who defected to the United States.

☆ North Korea says its nukes are about the children after photos dropped of Kim Jong Un bringing his daughter to a missile launch
▼ + stars: | 2022-11-21 | by ( Jake Epstein | ) www.businessinsider.com time to read: +6 min

After the test, North Korea reportedly said that nuclear weapons and missiles are about the country's children. State media outlet KCNA confirmed that the North Korean leader attended the launch "with his beloved daughter and wife." North Korean leader Kim Jong Un walks away from an ICMB in this photo released on November 19, 2022 by North Korean state news. In September, the North Korean leader declared North Korea's nuclear-armed status irreversible. This photo provided on Nov. 19, 2022, by the North Korean government shows North Korean leader Kim Jong Un, right, and his daughter inspects a missile at Pyongyang International Airport in Pyongyang, North Korea, Friday, Nov. 18, 2022.

☆ Kim Jong Un just revealed his daughter to the world in photos of North Korea's latest launch of a massive missile
▼ + stars: | 2022-11-18 | by ( John Haltiwanger | ) www.businessinsider.com time to read: +3 min

Kim Jong Un was seen with his wife and a young girl at a missile test on Friday. North Korean state news identified the girl as Kim's daughter. North Korean state media outlet KCNA said that Kim was at the launch with his "beloved daughter and wife." Former NBA player Dennis Rodman, who cultivated a relationship with the North Korean dictator, revealed in 2013 that Kim had a daughter named Kim Ju-ae. "North Korea is repeating provocations with unprecedented frequency, and this is absolutely unacceptable," Japanese Prime Minister Fumio Kishida told reporters on Friday after North Korea launched the missile, per the New York Times.

☆ Biden-Xi meeting brings North Korea into crosshairs. Sanctions are needed.
▼ + stars: | 2022-11-15 | by ( Anthony Ruggiero | Anthony Ruggiero Is Senior Director Of The Nonproliferation | Biodefense Program At The Foundation For Defense Of Democracies. He Previously Served On The National Security Council Under President Donald Trump As The Senior Director For Counterproliferation | ) www.nbcnews.com time to read: +7 min

But after North Korea re-engaged in negotiations, he reduced sanctions in exchange for promises of denuclearization, which Pyongyang soon violated. They included sanctions and an indictment against a Chinese company and four Chinese people who helped North Korea evade U.S. sanctions. This robust sanctions policy in the last year of Obama’s presidency extended into the beginning of his successor’s term. More than 20 countries curtailed diplomatic or commercial relationships with North Korea. Yet, instead of ratcheting up pressure on North Korea, Trump turned to other issues for the rest of his term.

☆ Wall Street has made serious strides to embrace crypto this year. But after FTX's implosion, a regulatory crackdown is imminent.
▼ + stars: | 2022-11-15 | by ( Morgan Chittum | Rebecca Ungarino | ) www.businessinsider.com time to read: +7 min

In a stunning downfall, crypto platform FTX filed for Chapter 11 bankruptcy protection on Nov. 11. Crypto sentiment from Wall Street giants has come a long way over the past few years. After FTX's disaster, a crackdown on digital assets is imminent. Prominent government officials quickly spoke out against the crypto platform last week. Gensler says that the agency's aggressive stance on digital assets is an effort to protect investors and may encourage further crypto adoption.

☆ Marlins become first major team with women as president and GM
▼ + stars: | 2022-11-14 | by ( ) www.reuters.com time to read: +1 min

Nov 14 (Reuters) - The Miami Marlins became the first U.S. major sports franchise to have two women simultaneously running a team's day-to-day off-the-field affairs after they appointed Caroline O'Connor as president of business operations on Monday. The decision to promote O'Connor comes two years after the Marlins made history when they named Kim Ng as Major League Baseball's first female general manger. "I think we're a really special organization. I think it makes our organization unique and stand out, and shows what women can do and the roles that they can hold." "Her leadership will continue to guide the Marlins organization toward our goal of sustained success while strategizing additional new ventures to grow our business and enhance our brand recognition."

☆ Miami Marlins promote Caroline O'Connor, making her pro baseball's second-highest ranking woman
▼ + stars: | 2022-11-14 | by ( Jessica Golden | ) www.cnbc.com time to read: +2 min

The Miami Marlins will be led by two of the highest-ranking women in professional sports. The organization announced on Monday that owner Bruce Sherman is promoting Caroline O'Connor to president of business operations, effective immediately. The move makes the Marlins the first pro sports team to have women operating the entirety of the team's day-to-day business. In 2020, the team hired Kim Ng as the first female general manager in Major League Baseball history, making her the league's highest-ranking woman in baseball operations. The Marlins were MLB Wild Card Champions in 2020 but have failed to make the playoffs the past two seasons.

☆ Republican Rep. Young Kim faces off against Democrat Asif Mahmood in California's 40th Congressional District election
▼ + stars: | 2022-11-05 | by ( Hanna Kang | ) www.businessinsider.com time to read: +5 min

Rep. Young Kim is running against Democrat Asif Mahmood in California's 40th Congressional District. The 40th District is an affluent, suburban district anchored in Orange County. CA-13CA-22CA-27CA-41CA-45CA-09CA-47CA-49 HouseRepublican Rep. Young Kim is vying for a second term against Democrat Asif Mahmood in California's 40th Congressional District. California's 40th Congressional District candidatesKim, a freshman representative, sits on the House Committees on Foreign Affairs, Science, Space and Technology, and Small Business. Voting history for California's 40th Congressional DistrictCalifornia's 40th Congressional District is an affluent, suburban district anchored in Orange County.

☆ Tesla's California EV market share slips as rivals step up
▼ + stars: | 2022-11-03 | by ( Hyunjoo Jin | ) www.reuters.com time to read: +2 min

[1/2] Tesla vehicles are shown at a sales and service center in Vista, California, U.S., June 3, 2022. REUTERS/Mike BlakeSAN FRANCISCO, Nov 3 (Reuters) - Tesla's (TSLA.O) dominant market share of the electric vehicle market in California slipped again this year, according to Reuters' calculations based on government data from January to September, as rivals up their game. Tesla controlled 73% of the battery electric market in California from January to September, the lowest level since 2018, according to new vehicle registration data from the California Energy Commission. "We are reaching a saturation point for Tesla market share in California," said Ed Kim, president of AutoPacific. He expected rivals to continue to take away market share, while also expecting Tesla sales would still grow.

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