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☆ Target comparable sales have dropped for 4 straight quarters, and it's scrambling to avoid a 5th
▼ + stars: | 2024-05-22 | by ( Dominick Reuter | ) 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 previewTarget reported $24.5 billion in revenue last quarter, with comparable sales down 3.7%, marking the fourth consecutive quarter of decline. Unlike total sales, comparable sales exclude new and closed stores, and analysts commonly use the measure to assess a business' underlying health. AdvertisementThe company also revamped and expanded its membership program, Target Circle, adding over a million new shoppers last quarter. "We're encouraged by the meaningful progress we've seen in recent quarters," Cornell said.

Persons: —, Brian Cornell, Cornell, Jack children's, We're Organizations: Service, Business, Walmart, Amazon Prime, Target

☆ Nikki Haley says she’s voting for Trump in November
▼ + stars: | 2024-05-22 | by ( Eric Bradner | Jeff Zeleny | ) edition.cnn.com time to read: +7 min

Nikki Haley plans to vote for Donald Trump, she said Wednesday in her first public remarks since exiting the Republican presidential primary more than two months ago. Earlier this year, Haley and Trump were engaged in what had become a bitter primary feud. Yet even in her absence, she’s been winning votes in one Republican primary after another. And I made that pitch to President Trump and also to Nikki Haley.”Norman said that while Haley has not expressed interest in joining Trump’s ticket, he believes she would be interested. As other former Republican contenders have fallen in line behind Trump, Haley has intentionally kept her distance – not hostile, but also not hungry for his adulation.

Persons: Nikki Haley, Donald Trump, Haley, Trump “, Joe Biden “, ”, Haley’s, Walter P, Stern, “, “ Trump, ” Haley, Trump, Biden, MAGA, he’s, Haley didn’t, “ Biden, Mike Johnson, Michael, she’s, Michael Tyler, Biden’s, Ralph Norman of, ” Norman, Haley “, ” Haley’s, CNN’s Kit Maher Organizations: CNN, Former South Carolina Gov, Republican, Trump, United Nations, Hudson Institute, GOP, Committee, Institute, Hamas, South, Democratic Locations: Washington , DC, United States, Ukraine, Israel, South Carolina, Philadelphia, Chester, Montgomery, Indiana, ’, Ralph Norman of South Carolina, Trump’s, –, America

☆ David Redden, Who Brought Ingenuity to the Auction Block, Dies at 75
▼ + stars: | 2024-05-21 | by ( Trip Gabriel | ) www.nytimes.com time to read: +1 min

One hundred seventy-five cookie jars that belonged to Andy Warhol. The bat that Babe Ruth carried in his last appearance at Yankee Stadium. A piano plinked by Dooley Wilson, as Sam, in “Casablanca.” The Duchess of Windsor’s jewelry. David N. Redden, an innovative auctioneer and a dapper presence at the podium, sold them all in a 42-year career at Sotheby’s. His wife, Jeannette Redden, said the cause was complications of amyotrophic lateral sclerosis, or A.L.S., which he had for nine years.

Persons: Andy Warhol, Babe Ruth, Dooley Wilson, Sam, David N, Redden, James Naismith’s, —, Jeannette Redden Organizations: Yankee, Sotheby’s, Magna Carta, brac Locations: “ Casablanca, ”, Independence, Cornwall, Hudson, N.Y

☆ My kids' middle names are places my husband and I have loved. I didn't want to name them after people.
▼ + stars: | 2024-05-20 | by ( Katrina Donham | ) www.businessinsider.com time to read: +5 min

I gave birth to my first child — a daughter — in New York City in April of 2020, just after the start of the pandemic. Related stories"Roan" was the perfect choice for my first child — Roan Mountain held such a special place in my heart, and I knew that one day, it would hold a special place in her heart, too. AdvertisementHowever, despite our decision being the right one for our family, my husband and I started to find ourselves grieving our pre-kid, city life. Without a doubt, the Hudson River Valley quickly became one of our homes-away-from-home — another special place in our book of life. It was perfect, and when we were surprised with a second daughter, it fit her well.

Persons: —, I'd, Roan, We'd Organizations: Appalachian, Metro Locations: New York City, United States, Tennessee, — Roan, Asheville , North Carolina, Queens, Hudson

☆ Yemen's Houthi rebels are menacing ships on the high seas
▼ + stars: | 2024-05-17 | by ( Paul Iddon | ) www.businessinsider.com time to read: +7 min

Read previewHouthi militants showed in late April that they can expand their war on international shipping far beyond the Red Sea. AdvertisementHe noted that the Shehab's reported range of 990 miles puts it "well within range" of international shipping. The British-registered cargo ship 'Rubymar' sank in March after it was targeted by Yemen's Houthi forces in the Red Sea. "Once they enter the Red Sea, though, ships can be tracked by spotters ashore or on boats or using mobile Houthi radars ashore. "Nevertheless, with the rate of Houthi advances, and increases in speed, control, and maneuverability in-transit, international shipping could soon prove vulnerable."

Persons: —, Good Hope, Bryan Clark, James Patton Rogers, Rogers, Samad, Yemen's, Mohammed Hamoud, Clark Organizations: Service, MSC Orion, Business, Hudson Institute, Cornell Tech Policy Institute, US, EU, AIS, Orion, Ships Locations: of Africa, Africa's, Good, Red, Ukraine, Israel

☆ Drag queen Nymphia Wind performs at Taiwan’s presidential office
▼ + stars: | 2024-05-16 | by ( Christy Choi | Wayne Chang | ) edition.cnn.com time to read: +5 min

Taipei, Taiwan CNN —Taiwanese drag queen Nymphia Wind gave a riotous performance at Taiwan’s presidential office on Wednesday, celebrating her win on “RuPaul’s Drag Race” last month. Taiwanese drag queen Nymphia Wind shakes hands with Taiwan's outgoing leader Tsai Ing-wen. Taiwanese drag queen Nymphia Wind performs on May 15, 2024. Nymphia Wind attends "RuPaul's Drag Race" Season 16 finale screening at The Edge at Hudson Yards. Nymphia Wind and Jimbo onstage at the "RuPaul's Drag Race" season 16 finale screening event on April 19, 2024 in New York City.

Persons: Nymphia, Tsai Ing, Gaga’s “, Huang Fei’s “ Chase, Chase, ”, ” Nymphia, Tsai, Wang Yu Ching, Xi Jinping, Lai Ching, Taiwan’s, popstar, “, Sun, Sun Yat Sen, Santiago Felipe, Leo Tsao, that’s, Jimbo, ” Tsai Organizations: Taiwan CNN, Communist Party, Democratic Progressive Party, DPP, Facebook, Weibo, Sun Yat, Hudson Yards, Reuters Locations: Taipei, Taiwan, ” Taiwan, Beijing, Taiwanese, Asia, China, Taiwan’s, East, Santiago, West, New York City

☆ See inside Kykuit, a 40-room mansion in New York that once belonged to the richest man in the world
▼ + stars: | 2024-05-13 | by ( Talia Lakritz | ) www.businessinsider.com time to read: +1 min

Access your favorite topics in a personalized feed while you're on the go. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. This story is available exclusively to Business Insider subscribers. Kykuit (pronounced "kai-kit"), a 40-room Classical Revival-style villa in Sleepy Hollow, New York, was his idyllic seasonal oasis about 30 miles north of New York City. Today, visitors can tour the home and its lush gardens overlooking the Hudson River through Historic Hudson Valley.

Persons: —, John D, Kykuit, Rockefeller, Nelson A Organizations: Service, Library of Congress, Harvard Business School, Business, New, National Trust for Historic Preservation, Valley Institute, Historic Hudson Valley . Locations: United States, Sleepy Hollow , New York, New York City ., New York, Hudson, Historic Hudson Valley

☆ Artichoke Carbonara, Slow-Roasted Salmon With Salsa Verde
▼ + stars: | 2024-05-12 | by ( Sam Sifton | ) www.nytimes.com time to read: +1 min

I took a fantastic drive the other day across the top of Connecticut, from Simsbury over to Kingston, N.Y., through old tobacco fields and cow pastures and apple orchards and into the Hudson Valley under a bluebird sky. Slow-roasted salmon with salsa verde? I settled on artichoke carbonara (above), with bucatini and a garnish of raw egg yolk, to almost literally gild the lily. I drove over the bridge from Rhinecliff in afternoon sunlight and could almost see the dish glimmering below me on the river. I like it on any Sunday, but if you’re in need of a fantastic Mother’s Day meal, it’d be extra nice this evening.

Persons: artichoke Locations: Connecticut, Kingston , N.Y, Hudson, Rhinecliff

☆ Take a look inside a 45-room, 14,000-square-foot historic mansion once owned by the inventor of Morse code
▼ + stars: | 2024-05-10 | by ( Talia Lakritz | ) www.businessinsider.com time to read: +1 min

Inventor Samuel F. B. Morse spent summers at his Locust Grove Estate in New York's Hudson Valley. The 14,000-square-foot Italianate villa, built in 1852, has 45 rooms over six floors. AdvertisementWhen Samuel F. B. Morse wasn't creating Morse code, inventing the telegraph, or painting portraits, he was relaxing on the grounds of his Locust Grove Estate in upstate New York. Located about 80 miles outside New York City in Poughkeepsie, Locust Grove was built in 1852 on a bluff with views of the Hudson River below. The 14,000-square-foot Italianate villa has a total of 45 rooms over six floors.

Persons: Samuel F, Morse, — Organizations: Service, Business Locations: New, Hudson Valley, New York, New York City, Poughkeepsie, Locust, Hudson

☆ US Pacific bases and aircraft are wildly vulnerable to Chinese missile barrages that could overwhelm defenses, lawmakers warn
▼ + stars: | 2024-05-10 | by ( Chris Panella | ) www.businessinsider.com time to read: +5 min

Read previewUS bases and aircraft in the Pacific are facing intense threat from Chinese missiles, and the Pentagon isn't doing enough to counter that challenge, according to American lawmakers. In a Wednesday letter to Air Force Secretary Frank Kendall and Navy Secretary Carlos Del Toro, 13 members of Congress pointed out glaring vulnerabilities in the Pacific region and demanded "immediate changes." A U.S. Air Force Rockwell B-1B Lancer (L) and a Boeing KC-135 Stratotanker (R) sit on the tarmac at Andersen Air Force base on August 17, 2017, in Yigo, Guam. Justin Sullivan/Getty ImagesIn the letter, lawmakers note that many of the US bases in the Pacific remain unhardened, leaving aircraft and assets vulnerable to missile strikes. Notably, none of the US shelters were in Guam — home to Andersen Air Force Base which routinely hosts American bombers.

Persons: —, Frank Kendall, Carlos Del Toro, John Moolenaar, Justin Sullivan, Tom Shugart, Timothy A, Walton, Andy Wong Organizations: Service, Pentagon, Air Force, Business, Department of Defense, Chinese Communist Party Rep, Commonwealth of, Pacific ., U.S . Air Force Rockwell, Boeing KC, Andersen Air Force, US, Center, New, New American Security, Hudson Institute, Andersen Air Force Base, American, People's Liberation Army Rocket Force, Lawmakers, Rocket Force, China's Locations: Pacific, China, Okinawa, Guam, Commonwealth, Northern Mariana, U.S, Yigo, New American, Shugart, Tiananmen, Beijing

☆ Russia's jamming of American weapons in Ukraine is showing the US what it needs to be ready for in a future fight
▼ + stars: | 2024-05-09 | by ( Chris Panella | Jake Epstein | ) www.businessinsider.com time to read: +10 min

Russia's electronic warfare has repeatedly foiled American precision weapons in Ukraine. Those could include different weapons, specific countermeasures, and the targeting of enemy jamming systems. Any fixes developed to effectively counter the challenge posed by electronic warfare won't just benefit Ukraine. Electronic warfare is a broad term that includes a variety of inexpensive options. Felicia JagdattEfforts to adapt precision weapons to the threat is just one facet of a multi-layered solution, Withington said.

Persons: —, Antonio Aguto, They'll, Mark Cancian, Denis Abramov, Thomas Withington, That's, JDAMs, Withington, Daniel Patt, Harry S, Cancian, it's, Doug Bush, that's, Bush, Felicia Jagdatt Organizations: Service, Systems, Attack Munitions, Security, Marine, Center for Strategic, International Studies, Business, DoD, Russian Defense Ministry, Royal United Services Institute, Getty, Hudson Institute, Truman, US, Intelligence, US Air Force, Army, US Army Locations: Ukraine, Moscow, Russian, Russia, China, Withington, Bliss, Texas

☆ Macklemore criticizes Biden in new song supporting pro-Palestinian student protests
▼ + stars: | 2024-05-08 | by ( Scottie Andrew | ) edition.cnn.com time to read: +17 min

Across the US, pro-Palestinian protesters have been occupying lawns and buildings on campuses, and many are requesting that their universities divest from Israel. Nic Antaya/Getty Images Pro-Palestinian protesters demonstrate on the New York University campus in New York on Friday, May 3. Before police were deployed to campus, pro-Palestinian protesters and Israel supporters were clashing at the school , according to multiple reports. Joseph Prezioso/AFP/Getty Images Columbia University students gather for a picket organized by the Student Workers Union (UAW Local 2710) on Monday, April 29. Stefan Jeremiah/AP Israeli flags are reflected in the sunglasses of a demonstrator in front of Columbia University on April 22.

Persons: Macklemore, Joe Biden, ” Macklemore, Donald Trump, Columbia’s Hamilton, Hind Rajab, Hind, who’ve, ”, He’s, Biden, Jon Batiste, Selena Gomez, Annie Lennox, “, Melissa Overton, Nic Antaya, Seth Harrison, Jenny Kane, Chip Somodevilla, Mathieu Lewis, Rolland, Craig Hudson, Emma, Roberto Schmidt, Etienne Laurent, Mike Blake, Spencer Platt, Frederic J . Brown, Caitlin Ochs, David Dee Delgado, Charly Triballeau, Kena Betancur, Seyma, Alex Kent, Joseph Prezioso, Suzanne Cordeiro, Diane Handal, Cliff Owen, Qian Weizhong, Mike Stewart, Sarah Reingewirtz, Jay Janner, Brandon Bell, Brian Snyder, Mike Johnson, Timothy A, Clary, Matthew Hatcher, Nuri Vallbona, Jordan Vonderhaar, Zaydee Sanchez, Cameron Jones, Stephanie Keith, Andres Kudacki, Tayfun, Joe Buglewicz, Fatih Aktas, Michael M, Mary Altaffer, Scott Eisen, Columbia's, Stefan Jeremiah, Selcuk, Seattle concertgoers, Seth Rogen Organizations: CNN, Columbia University, Biden, University of California, University of Arizona, Dua Lipa, Scottish, United Nations Relief, Works Agency for Palestine Refugees, Hamas, Protesters, University of Michigan's, New York University, Westchester County Journal, USA, Network Police, Portland State University, AP, George Washington University, Getty, The George Washington University, Israel, AFP, Police, UCLA, Reuters, Fordham, Lincoln Center, Getty Images Police, Hamilton, Reuters Police, Columbia, The City College of New, Getty Images, Columbia Students, Justice, Hamilton Hall, Brown University, Getty Images Columbia University, Student Workers Union, UAW, University of Texas, Low, Sunday, Rueters Georgia State Patrol, Emory University, MediaNews, Los Angeles Daily News, Austin Statesman, Network, Austin, University, Emerson College, Swarthmore College, Bloomberg, University of Southern, Reuters New York, Reuters Columbia, New York Times, Sproul Hall, Yale University, University police, York University, The New School, Massachusetts Institute of Technology, Library, Seattle, Trump Locations: Gaza, Israel, University of California Los Angeles, Palestine, Dua, Ann Arbor , Michigan, New York, Westchester, Portland , Oregon, Washington ,, Portland, The, Los Angeles, AFP, The City College of New York, Columbia, Columbia's, Providence , Rhode Island, Texas, Austin, New, Rueters Georgia, Atlanta, Getty Images Texas, Boston, Swarthmore , Pennsylvania, University of Southern California, Berkeley, Sproul, Anadolu, New Haven , Connecticut, Cambridge, Washington

☆ A Serene Oasis for Making Music
▼ + stars: | 2024-05-08 | by ( Steven Kurutz | Jane Beiles | ) www.nytimes.com time to read: 1 min

The first things you notice upon entering Long Pond Studio are the glass windows and doors. They’re huge — the doors are eight-feet square — and frame pastoral scenes of grass, trees and water. But in this setting — a recording studio in the countryside near Hudson, N.Y. — they’re startling. That’s because recording studios more typically resemble gambling dens; they are dark, airless spaces where light and a view to the outside world would distract from the high-stakes act of music making. Large glass surfaces are also a no-no, because they refract sound waves and possibly allow outdoor noise to leak in.

Locations: Hudson, N.Y

☆ Kim Kardashian and Kanye West’s daughter North West to costar in ‘Lion King’ concert event at Hollywood Bowl
▼ + stars: | 2024-05-08 | by ( Alli Rosenbloom | ) edition.cnn.com time to read: +2 min

“The Lion King at the Hollywood Bowl” live concert event will take place later this month at Los Angeles’ iconic outdoor concert venue the Hollywood Bowl. Tickets are available to purchase now for “The Lion King at the Hollywood Bowl” live concert event, which will take place on May 24 and 25 in Los Angeles. The live concert will eventually be available to stream as a Disney+ Original Special at a later date. West is not the only celebrity child to be attached to the storied “Lion King” franchise in some capacity. Beyoncé and Jay Z’s 12-year–old daughter Blue Ivy Carter is part of the cast of the upcoming “Mufasa” movie – the live-action prequel to “The Lion King.”

Persons: CNN — Kim Kardashian’s, North, King, Heather Headley –, Nala, Lebo, ”, Billy Eichner, Jeremy Irons, Bradley Gibson, Nathan Lane, Jennifer Hudson, Kardashian, Kanye West, “, Jay Z’s, Blue Ivy Carter Organizations: CNN, Hollywood, Broadway, Hollywood Bowl, Los Angeles, Disney Locations: North West, Los, Los Angeles

☆ A high-stakes report looms over Biden on whether Israel violated international law
▼ + stars: | 2024-05-07 | by ( Kylie Atwood | Jennifer Hansler | ) edition.cnn.com time to read: +19 min

Nic Antaya/Getty Images Pro-Palestinian protesters demonstrate on the New York University campus in New York on Friday, May 3. Mike Blake/Reuters Pro-Palestinian protesters stand their ground after police breached their encampment at UCLA on May 2. Before police were deployed to campus, pro-Palestinian protesters and Israel supporters were clashing at the school , according to multiple reports. Joseph Prezioso/AFP/Getty Images Columbia University students gather for a picket organized by the Student Workers Union (UAW Local 2710) on Monday, April 29. Stefan Jeremiah/AP Israeli flags are reflected in the sunglasses of a demonstrator in front of Columbia University on April 22.

Persons: CNN —, Biden, Joe Biden, Benjamin Netanyahu, Antony Blinken, “, Matthew Miller, Adam Schultz, Netanyahu, Israel, Mahmud Hams, It’s, ”, Democratic Sen, Chris Van Hollen, Sen, Alex Brandon, Van Hollen, Miller, ” Miller, Melissa Overton, Nic Antaya, Seth Harrison, Jenny Kane, Chip Somodevilla, Mathieu Lewis, Rolland, Craig Hudson, Emma, Roberto Schmidt, Etienne Laurent, Mike Blake, Spencer Platt, Frederic J . Brown, Caitlin Ochs, David Dee Delgado, Charly Triballeau, Kena Betancur, Seyma, Alex Kent, Joseph Prezioso, Suzanne Cordeiro, Diane Handal, Cliff Owen, Qian Weizhong, Mike Stewart, Sarah Reingewirtz, Jay Janner, Brandon Bell, Brian Snyder, Mike Johnson, Timothy A, Clary, Matthew Hatcher, Nuri Vallbona, Jordan Vonderhaar, Zaydee Sanchez, Cameron Jones, Stephanie Keith, Andres Kudacki, Tayfun, Joe Buglewicz, Fatih Aktas, Michael M, Mary Altaffer, Scott Eisen, Columbia's, Stefan Jeremiah, Selcuk Organizations: CNN, State Department, Israeli, Congress, Hamas, Capitol, ”, National Security, Getty, State Department’s Bureau, Political, Military Affairs, Defense Department and National Security Council, Biden, Israel, Palestinian, Israel Defense Forces, United Nations Office, Human Rights, Biden Democrats, Democratic, Democratic Party, Republican, Department, Protesters, University of Michigan's, New York University, Westchester County Journal, USA, Network Police, Portland State University, AP, George Washington University, The George Washington University, AFP, Police, University of California, UCLA, Reuters, Fordham, Lincoln Center, Getty Images Police, Hamilton, Columbia University, Reuters Police, Columbia, The City College of New, Getty Images, Columbia Students, Justice, Hamilton Hall, Brown University, Getty Images Columbia University, Student Workers Union, UAW, University of Texas, Low, Sunday, Rueters Georgia State Patrol, Emory University, MediaNews, Los Angeles Daily News, Austin Statesman, Network, Austin, University, Emerson College, Swarthmore College, Bloomberg, University of Southern, Reuters New York, Reuters Columbia, New York Times, Sproul Hall, Yale University, University police, York University, The New School, Massachusetts Institute of Technology, Library, USAID Locations: Israel, Gaza, Rafah, Capitol Hill, Iran, Palestinian American, Jabalia, AFP, Ann Arbor , Michigan, New York, Westchester, Portland , Oregon, Washington ,, Portland, The, Los Angeles, The City College of New York, Columbia, Columbia's, Palestine, Providence , Rhode Island, Texas, Austin, New, Rueters Georgia, Atlanta, Getty Images Texas, Boston, Swarthmore , Pennsylvania, University of Southern California, Berkeley, Sproul, Anadolu, New Haven , Connecticut, Cambridge

☆ Australia’s Qantas to pay $79 million to settle ‘ghost flights’ case
▼ + stars: | 2024-05-06 | by ( ) edition.cnn.com time to read: +2 min

Sydney — Qantas Airways has agreed to pay 120 million Australian dollars ($79 million) to settle a lawsuit over the sale of thousands of tickets on already canceled flights, in an attempt to end a reputational crisis that has engulfed the airline. The fine is the biggest ever for an Australian airline and among the largest globally in the sector, although some Australian banks and casino operators have faced higher penalties. “We recognize Qantas let down customers and fell short of our own standards,” CEO Vanessa Hudson said in a statement. It had said the airline sometimes sold tickets to flights weeks after they were canceled. The ACCC’s Cass-Gottlieb noted that the settlement included a promise from Qantas not to repeat the conduct.

Persons: Vanessa Hudson, ”, Hudson’s, Alan Joyce, Hudson, Gina Cass, Gottlieb, ACCC’s Cass Organizations: Sydney, Qantas Airways, Qantas, Australian Competition, Consumer Commission, Federal Court, ACCC Locations: Hudson

☆ Coming Soon to Little Island: An Arts Festival With Powerful Backers
▼ + stars: | 2024-05-06 | by ( Javier C. Hernández | ) www.nytimes.com time to read: +1 min

Little Island, the $260 million park on the Hudson River that opened in 2021, was imagined as a haven for innovation in the performing arts. But the park’s cultural offerings — mostly sporadic, one-off works — have so far fallen short of those ambitions. Now Barry Diller, the billionaire media mogul who paid for the park, is setting out to deliver on the original vision, financing a robust, four-month annual performing arts festival on Little Island, the park announced on Monday. The festival, one of the most ambitious artistic undertakings in New York City in recent years, will promote new work in music, dance, theater and opera. “I want people to enjoy the originality and adventure of Little Island,” Diller said.

Persons: Barry Diller, Scott Rudin, Diller, Twyla Tharp, Mozart’s, Figaro, Anthony Roth Costanzo, “, ” Diller Locations: Little, New York City

☆ U.S. automakers like GM are rapidly losing ground in China, once an engine for growth
▼ + stars: | 2024-05-06 | by ( Michael Wayland | ) www.cnbc.com time to read: +13 min

China was once a profit engine for GM, and its top sales market from 2010 to 2023. GM revealed several vehicles last week in China, including plug-in hybrid versions of its Buick GL8 minivan, a best-seller in China, and the Chevrolet Equinox crossover. "We think clearly that market has shifted and the landscape has shifted … with the capability of the Chinese [automakers]," Barra said. But it has had to aggressively cut prices to compete against Chinese automakers such ay BYD, Nio and others. Stellantis CEO Carlos Tavares earlier this year called Chinese automakers his company's "No.

Persons: Mary Barra, Jeff Kowalsky, we're, Barra, Paul Jacobson, GM wasn't, John Murphy, Michael Dunne, Dunne, Mark Fulthorpe, They'll, they've, Tesla, lockdowns, Elon Musk, Tingshu Wang, Reuters Tesla, Morgan Stanley, Adam Jonas, Musk, Junheng Li, Stellantis, Carlos Tavares, Zhu Jiangming, We've, We're, Ford, John Lawler, Lawler Organizations: General Motors Co, Bloomberg, Getty, General, GM, U.S, Chevrolet, SAIC, GM Pan, Asia Automotive Technology Center, Nurphoto, PSA Groupe, Chrysler, EVs, GM's, Buick, Wuling Motors, Motors, Bank of America Securities, China, Hummer, Durant Guild, America's, Detroit, P Global Mobility, Ford Motor, Tesla, Reuters, EV, Baidu, Warren Capital, Ford, Guangzhou Automobile Group, India & Asia, Lincoln, Lincoln Nautilus Locations: Detroit , Michigan, China, Barra, Beijing, Asia, Shanghai, Russia, India, Thailand, Australia, North America, South Korea, Brazil, Europe, GM's U.S, Qingdao, East China's Shandong, Indonesia, U.S, Nio, Greater China, South America

☆ China has a lot more missiles — with US warships and bases in its sights
▼ + stars: | 2024-05-04 | by ( Chris Panella | ) www.businessinsider.com time to read: +18 min

American warships and bases in the Pacific are within reach of an increasingly worrying threat, a missile force unlike anything the US has faced in combat. With these missiles, China is signaling that it could attack US bases and ships in the region with little to no warning, Clark said. TK Department of DefenseThere's a lot more to the Chinese Rocket Force than these weapons, though. AdvertisementThat said, the US and its allies can't afford to assume the Rocket Force won't be ready should conflict come. In other words, how the US prepares itself and adapts to the Chinese Rocket Force gives it the best shot at avoiding a fight altogether.

Persons: China's, Andersen, Thomas Shugart, Bryan Clark, John Aquilino, Kevin Frayer, Harry Harris, Harris, Clark, Shugart, Gerald R, Kendall Warner, Byrd, US Defense Department Harris, Robert Peters, Peters, Ronald Reagan, Andrea Rosembert, Cpl, Ryan Little, Charles Flynn, I'm, Flynn, it's, Andy Wong Organizations: Business, Army Rocket Force, Pentagon, China's Rocket Force, Department of Defense TK Department of Defense, Center, New, New American Security, US Navy, PLA, Hudson Institute, Pacific Command, People's Liberation Army Rocket Force, Eastern Theater Command, People's Liberation Army PLA, Getty, Rocket Force, Liberation, TK Department of Defense, Chinese Rocket Force, US Defense Department, Ford, Virginian, Tribune, Service, Japan, Self, Defense Force, Misawa Air Base, Pacific, US, Defense, Aegis Ballistic Missile Defense, Army, Heritage Foundation, Aegis, Guam, Area, Ronald, Ronald Reagan Ballistic Missile Defense, Department of Defense, US Air Force, Marine Corps, Andersen Air Force Base, Marine, Combat, US Army Pacific, Stealth, Force, Military Locations: Beijing, China, American, Guam, South, Washington, Japan, New American, People's Republic of China, South Korea, Taiwan, South China, AFP, U.S, Marshall, Pearl, Pacific, PLARF, Tiananmen

☆ The portfolio manager whisperers
▼ + stars: | 2024-05-03 | by ( Alex Morrell | ) www.businessinsider.com time to read: +24 min

AdvertisementHistorically, a hedge fund's chief investment office or senior portfolio manager was responsible for vetting and wooing key investment hires. They can also help hedge funds save on outside recruiting costs, which can add up to tens of millions a year. Hedge funds targeted institutional salespeople at investment banks with exposure to hedge funds, as well as asset allocators with chops in portfolio-manager selection and due diligence. Assets at multimanager hedge funds have boomed since 2018. The principle may work for fictional baseball diamonds, but the reality at hedge funds is more complicated.

Persons: Taylor Swift, Travis Kelce, Goldman Sachs, —, That's, headhunter who's, liken, Nick Saban's, Midlevel, headhunter, Ken Griffin, Michael Kovac, execs, Jennifer Blake, BD Thomas DeAngelis, Walleye Capital Paritosh Singh, Americas Michael Grad, BlueCrest Lindsay Previdi, Point72, Freestone Grove Matthew Giannini, Ken Griffin's, ExodusPoint, Brevan Howard, breakneck buildout, Michael Gelband —, Jonathan Hoffman, Alexander Phillips, ExodusPoint's, Millennium's Izzy Englander, noncompetes, Millennium Management Amanda Gordon, multimanagers, who've, Goldman, Schonfeld, Brevan Howard —, Neil Chriss, Harry Schwefel, Jonathan Brenner, Walleye's, Thomas DeAngelis, DeAngelis, Brenner, DeAngelis hasn't, Kansas City Chiefs Travis Kelce, Erick W, Rasco, Donald Trump's, America couldn't, Citadel execs Todd Barker, Daniel Morillo —, Jeff Runnfeldt, Bobby Jain, allocator Organizations: NFL, Business, Citadel, BD, University of Alabama, execs, Balyasny, Walleye Capital, Millennium, Americas, Freestone Grove, — Citadel, Walleye, BI, Costco, Millennium Management, Bloomberg, Getty, Investor, Barclays, Barclays Capital Solutions, Brookfield, Paloma Partners, Kansas City Chiefs, San Francisco 49ers, Allegiant, Getty Images, Black, Investors, ex, Fortress Locations: America, multimanagers, —, Hudson Bay, Schonfeld, Israel, multimanager, Europe, Middle East, Africa, Vegas, Balyasny

☆ Cher says she dates younger men because older men were too 'terrified' to approach her
▼ + stars: | 2024-05-02 | by ( Amanda Goh | ) www.businessinsider.com time to read: +1 min

Cher says she dates younger men because older ones are either dead or intimidated by her. She spoke about her relationship choices during an appearance on "The Jennifer Hudson Show." AdvertisementCher, 77, has finally revealed why she dates younger men. In an interview with Jennifer Hudson on "The Jennifer Hudson Show," the singer spoke about her career and her relationship choices. "And the reason why I go out with young men is because men my age or older — well, now they're all dead — but before, they just never, they were always terrified to approach me," Cher said.

Persons: Cher, Jennifer Hudson, Alexander Edwards, — Organizations: Service

☆ China's plan to be the dominant power in space is moving at breathtaking speed. The US needs to wake up, officials say.
▼ + stars: | 2024-04-30 | by ( Tom Porter | ) www.businessinsider.com time to read: +7 min

Read previewAfter a meeting with Japanese and South Korean officials in Tokyo on Friday, US Space Force commander Gen. Stephen Whiting warned about a growing threat. China, he said, is "moving at breathtaking speed in space," and is developing a range of weapons that threaten America's space supremacy, reported Stars and Stripes. "For the first time in decades, US leadership in space and space technology is being challenged," Meink added. Chance Saltzman, Chief of Space Operations at United States Space Force, last year warned against taking US space supremacy for granted. Air Force Lieutenant General Gregory Guillot (L) and US Space Force Lieutenant General Stephen Whiting (R) on July 26, 2023.

Persons: —, Stephen Whiting, They're, Troy Meink, Space.com, Meink, Chance Saltzman, I'm, Saltzman, Whiting, Dominic Chiu, Gregory Guillot, BRENDAN SMIALOWSKI, Donald Trump, Chiu, Artemis, Frank Lucas, Anthony Mastalir, Graeme Thompson, Thompson, Tory Bruno, Arthur Herman, John F, Kennedy, Ronald Reagan, we've Organizations: Service, Korean, Space Force, Business, National Reconnaissance Office, Space Operations, United States Space Force, Eurasia Group, Air Force, US Space Force, House Science, Technology Committee, Brig, US Space Forces, Pentagon, United Launch Alliance, NBC News, Hudson Institute Locations: Tokyo, China, Colorado, Australia, Russia

☆ Take a look inside a historic 54-room Gilded Age mansion that belonged to one of America's richest families
▼ + stars: | 2024-04-30 | by ( Talia Lakritz | ) www.businessinsider.com time to read: +1 min

The Vanderbilt Mansion in Hyde Park, New York, was built by Frederick Vanderbilt in the 1890s. The 45,000-square-foot Gilded Age mansion is located on 153 acres of land in the Hudson Valley. The National Park Service offers tours of the mansion to the public. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. This story is available exclusively to Business Insider subscribers.

Persons: Frederick Vanderbilt, —, Cornelius Vanderbilt, Cornelius, William Vanderbilt Organizations: Vanderbilt, National Park Service, Service, US Treasury, Business Locations: Hyde Park , New York, Hudson, America

☆ Detroit's 'doom loop' was unlike any other American city. Its downtown is now a model for urban reinvention.
▼ + stars: | 2024-04-28 | by ( John L. Dorman | ) www.businessinsider.com time to read: +4 min

But the city's downtown has one of the most stunning urban reinvention stories in the United States. Downtown Detroit recently hosted the NFL Draft to rave reviews and even broke an attendance record. AdvertisementLast week, more than 775,000 football fans converged in downtown Detroit for three days as the city hosted the NFL Draft. NFL fans near the draft stage at Campus Martius Park in downtown Detroit on April 27, 2024. Downtown Detroit has an abundance of towering, historic buildings that are perfect for office-to-housing conversions and office renovations that have taken hold in downtowns across the country.

Persons: —, Ryan Kang, Spencer Platt, Gen Zs, it's, Dan Gilbert Organizations: Downtown, NFL, Service, Detroit, Nashville, Martius, Renaissance, Miami, General Motors, Getty, Rocket Mortgage, Quicken, GM, Renaissance Center Locations: Detroit, United States, Downtown Detroit, Hudson's Detroit, downtowns

☆ I'm a high school senior who commutes an hour by train to school every day. It's helped prepare me for the real world.
▼ + stars: | 2024-04-26 | by ( Teddy Almond | ) www.businessinsider.com time to read: +5 min

Four years ago, I started commuting to my high school — which is an hour away — by train. But that ended when I started high school at The Hudson School, which is 25 miles away from my home in Madison, New Jersey. AdvertisementNow that I'm a high school senior, I look back fondly on my four-year commute. AdvertisementI imagined how much easier it would be if I were a regular high school student who took the bus to school. Still, I'm glad I got to commute 25 miles every day before heading off to collegeLooking back at the past four years, I realize commuting has helped prepare me for the real world — outside high school.

Persons: —, COVID, didn't, I'm Organizations: Service, The Hudson School, Hudson School, New Jersey Transit Locations: Madison , New Jersey, New, Europe, Hoboken

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