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As questions arise over the quality of Kim Jong Un's troops in Russia, a former soldier who served in North Korea's special forces said they're likely the country's elite troops. North Korea's leader, Kim Jong Un, at a March military demonstration in North Korea. AdvertisementDuring a September visit to a training base, Kim lauded the division's members as each being worth 100 typical North Korean soldiers. AdvertisementThat comes as South Korea has become home to one of the world's fastest-growing defense industries in recent years. Correction: November 11, 2024 — An earlier version of this story misstated the country in which videos appear to show North Korean troops.
Persons: Kim Jong, they're, Lee Woong, gil, Kim Jong Un, REUTERS Lee, Kim, Lee, There's, James JB, Insider's Mia Jankowicz, South Korea Kovalenko Organizations: Storm Corps, Korea Times, KCNA, REUTERS, The Korea Times, Associated Press, North, Korea's Defense Ministry, Wall Street, Ukraine's Center, South Korea's National Intelligence Service, National Intelligence Service, South, Kremlin Locations: Russia, North Korea, North, South Korea, Seoul, Washington, Kyiv, Ukraine's, Ukraine, Kursk, Korean, South
Retirees' debt was rising before the pandemicRising debt levels were a problem for older Americans even before pandemic-era inflation. The typical family with heads age 75 and older had $1,700 of credit card debt in 2022, EBRI said in the August report. Those with heads age 65 to 74 had $3,500 of credit card debt, it said. Meanwhile, any spending cuts should be applied to reduce credit card debt, McClanahan explains. Boost income Retirees can also consider going back to work at least part time to earn more income, McClanahan said.
Persons: Bridget Bearden, Bearden, it's, EBRI, Louis, Carolyn McClanahan, She's, McClanahan, Cardholders, Cook, Ted Jenkin, Winnie Sun Organizations: Research Institute, Social Security, Senior Citizens League, Reserve Bank of St, Federal Reserve, U.S . Federal Reserve, Federal Reserve Bank of St, Planning Partners, CNBC's, CNBC, Facebook, Craigslist, Sun Group Wealth Partners Locations: Louis, Jacksonville , Florida, Irvine , California
Ivan Maryasin founded Monite after moving from Silicon Valley to Berlin. Here's how its startup ecosystem compares to Silicon Valley. It's hard to find people with the same values or who'll know what you're talking about when you say, "Silicon Valley benchmark." AdvertisementI like living in Europe, but wouldn't rule out returning to AmericaMost people in Silicon Valley are focused on startups and innovation. If you're all about work and want to focus 24/7, Silicon Valley is the place to be.
Persons: Ivan Maryasin, , I'd, that's, I've Organizations: Service, Hult International Business School, San Francisco, EU, LinkedIn, Facebook, MIT, Harvard, Business Locations: Silicon Valley, Berlin, Germany, Russia, Massachusetts, America, Moscow, Europe, it's, Zurich, Barcelona, London, San Francisco, California, Monite, Silicon
But today, as a college professor and writer, I know that's not necessarily true. School comes naturally to me, which is why I became a college professor. My job as a college professor required a Ph.D., but I also make a living as a writer. He's already on the way to a writing career; a picture book we cowrote will be released in May 2025. As a college professor, I know a degree doesn't have to be a part of that.
Persons: I'm, , he'll, College, I've, Parker, dreading, He's, That's, shouldn't, one's, there's Organizations: College isn't, Service, Citadel
One ex-member of the branch said he thinks North Korea did send special forces, but not its best. AdvertisementAs questions arise over the quality of Kim Jong Un's troops in Russia, a former soldier who served in North Korea's special forces said they're likely the country's elite troops. North Korean leader Kim Jong Un attends a military demonstration in North Korea, in this picture released on March 16, 2024. During a September visit to a training base, Kim lauded the division's members as each being worth 100 typical North Korean soldiers. This image released by South Korea's spy agency the National Intelligence service shows North Korean leader Kim Jong-Un watches numerous shirtless North Korean troops in combat training, according to the agency.
Persons: , Kim Jong, they're, Lee Woong, gil, Kim Jong Un, REUTERS Lee, Lee, there's, Kim, James JB, Insider's Mia Jankowicz, South Korea Kovalenko Organizations: Storm Corps, Service, Korea Times, North, KCNA, REUTERS, The Korea Times, Associated Press, Wall Street, Ukraine's Center, National Intelligence, National Intelligence Service, South, Kremlin Locations: Russia, North Korea, North, South Korea, Seoul, Washington, Ukraine, Kursk, Korean, South
Editor's note: Business Insider's reporters and editors nominated leaders based on insights from past Climate Action honorees, expert sources, and reader submissions. Courtesy of Jayson RicamaraSaudi Arabia, with its hot desert climate and little fresh water, is one of the most difficult farming environments. AdvertisementIyris in October also launched a sustainable-farming pilot in Saudi Arabia with chemical and plastic manufacturers as well as companies including Red Sea Global, a luxury tourism developer. A UN climate panel estimated that harnessing wave energy could supply 20% more electricity than the world produced in 2022. The US is trying to shore up its own mining and manufacturing base to curb China's power, including in battery recycling.
Persons: Derya Baran, Iyris Derya Baran, Jayson Ricamara, Baran, SecondSky, who's, Inna Braverman, Braverman, David Leb, Charles Callaway, Environmental Justice Charles Callaway ., Callaway, Clara, Gretchen Cara Daily, Stanford University Gretchen Cara Daily, Daily, NatCap, Juan Carlos Navarro, Panama Juan Carlos Navarro, Panama Navarro, José Raúl, Haiti —, Navarro, del, Reinhold Gallmetzer, Reinhold, Gallmetzer, Brazil's JBS, packer, Diane Gilpin, Smart Green Shipping Diane Gilpin, Gilpin, Drax, Roberta Tuurraq Glenn, Borade, Savok Glenn, Glenn, Cynthia Houniuhi, Houniuhi, it's, Arvind Kumar, Prasad, Rice, Kumar, Ari Matusiak, Gazur, Matusiak, , Duncan McIntyre, McIntyre, Altenex, Ozane, Biden, It's, Delta, Liz Ricketts, Charlie Engman Ricketts, Ricketts, Ricketts didn't, Chao Yan, Princeton NuEnergy Chao Yan, Yan Organizations: Iyris, United Arab, King Abdullah University of Science, Technology, Red, Eco, UN, Eco Wave Power, Shell, Environmental Justice, Proctor Academy For Callaway, Metropolitan Transportation Authority, Green Institute, Callaway, Natural, Stanford University, Stanford, Facility, Ministry, Environment, Panama's, UNESCO, US State Department, National Association for, Nature, Center, for, Carrefour, Nestlé, Smart Green Shipping, Scottish Enterprise, International Windship Association, Maritime Organization, Union, Alaska Arctic Observatory, National Weather Service, AAOKH, University of Alaska, Pacific Islands, University of, International Court of Justice, United Nations, Prasad Seeds, Labor, Prasad, International Rice Research Institute, Rewiring, Reduction, Communities, Highland Electric, Schools, Highland, Beverly Public Schools, Fortune, Edison International, Louisiana, US Department of Energy, Ozane, White, LNG, Vessel Project, Biden, Department of Energy, Kantamanto, London . Brands, McKinsey, Princeton, New Jersey Institute of Technology, Princeton University, Princeton NuEnergy, Energy, Laboratory, EV Locations: Jayson Ricamara Saudi Arabia, Saudi Arabia, United Arab Emirates, Egypt, Spain, Ukraine, Cherkassy, Israel, Gibraltar, Port of Los Angeles, Porto, Portugal, West Harlem, New York City, Clara Hale, Costa Rica, Belize, China, NatCap, Stanford, Panama, Colombia, Venezuela, Haiti, Panama City, Brazil, Peru, Brazilian, , Norway's, Barrow, Furness, Alaska, University of Alaska Fairbanks, Utqiaġvik, Fanalei, Solomon Islands, Fiji, Vanuatu, Tonga, Asia, Saharan Africa, India, Philippines, Nepal, Bangladesh, Africa, Hyderabad, South, Southeastern Asia, Subhanpur, Rewiring America, Massachusetts —, Sulphur , Louisiana, Calcasieu, Vessel Project Louisiana, Accra, Ghana, New York, London, Kantamanto, Taiyuan, China's Shanxi, Argonne, South Carolina
One thing that's widely understood is the artificial intelligence revolution is still in its infancy, and Nvidia is the go-to company for what's needed to run AI workloads. Microsoft : "We expect capital expenditures to increase on a sequential basis, given our cloud and AI demand signals," CFO Amy Hood said. Put another way, can the world's most valuable company, at nearly $3.6 trillion, get even more valuable? On current numbers, Nvidia is trading at about 37x calendar year 2025 earnings estimates. Visitors check out Nvidia's AI technology at the 2024 Apsara Conference in Hangzhou, China, on September 19, 2024.
Persons: hasn't, Donald Trump's, Trump, Piper Sandler, Morgan Stanley, Nvidia's, NVDA, OpenAI's, we're, Anat Ashkenazi, Susan Li, Andy Jassy, Amy Hood, Hood, Piper, Blackwell, Hopper, Melius, , Jensen Huang –, Jim Cramer's, Jim Cramer, Jim Organizations: Nvidia, Apple, Wall Street, White, Nvidia —, Melius, Blackwell, Trump, Google, AWS, Microsoft, Melius Research, Biden, CNBC, Visitors, Nurphoto, Getty Locations: China, CapEx, Beijing, U.S, Hangzhou
Grocery chain Asda is calling workers back to the office three days a week from January. The British retailer says it will improve on-site catering and provide better bathrooms for staff. Asda chair Stuart Rose said remote work doesn't suit the fast pace of the consumer goods industry. In recent months, companies like Dell and Amazon have announced that staff must be back in the office five days a week. If RTO policies become too strict, top talent will simply leave to find a system that works for them, Ravin Jesuthasan, a respected future-of-work researcher, previously told Business Insider.
Persons: Stuart Rose, , Rose, Spencer, Mohsin Issa, Issa, Zuber, Asda's, Ravin, Nick Bloom, Bloom Organizations: Service, Marks, Asda, The Observer, Business, TDR, Walmart, Dell, Amazon, Observer, Stanford Locations: British, Argos, Asda
Here are eight top places to invest, based on insights from seven market strategists. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . A robust, multi-year bull market rally for US stocks reached another gear after the businessman-turned-politician won the presidential election. Traders are convinced that the bulk of Trump's economic policies, which include tax cuts and fewer government regulations, will create a business-friendly backdrop that drives stocks higher. AdvertisementThe world is awash with cash, making scarce assets like gold and bitcoin more valuable, and Thorne also noted that global economic growth is slowing.
Persons: Donald Trump's, , Donald Trump, David Bahnsen, Kamala Harris, Jeff Schulze, John Maynard Keynes, Anthony Saglimbene, Keynes, Schulze, Saglimbene, Jim Baird, Plante, Sébastien, Rowe Price, Page, Sean Gallagher, Gallagher, Ameriprise, Bahnsen, Jim Thorne, who's, Thorne, Trump Organizations: Investors, Service, Business, Street Global Advisors, ClearBridge Investments, Trump, Financial, Tech, Federal Trade Commission Locations: Trump's, ClearBridge, Canada, Wellington, Altus
Google's head of research told BI that learning to code continues to be a valuable skill. A decade later, Google's head of research says the advice still rings true — even in the age of AI. Related stories"I think that basic coding is like basic math," Matias said. Google Research has already integrated AI into tools like flood forecasting models, which Matias said can save lives. With AI impacting so many fields, Matias said "it's important to master the basic things," like the fundamentals of coding.
Persons: Yossi Matias, , Google's, IBM's Jonathan Adashek Matias, Matias, Sundar Pichai, it's Organizations: Service, Chelsea, Google, Google Research Locations: New York
The Summary A patch of snow in Scotland known for lingering year-round has melted for the fourth consecutive year. Such snow patches can act as harbingers of the broader consequences of climate change. A patch of snow in the Scottish Highlands dubbed the Sphinx typically lingers year-round, staying frozen through the summer. “It’s always been about trying to get that the right balance, to make sure that nature and people can thrive in the national park,” Moir said. We are now looking at an epoch where patches of snow are possibly going to be only occasional survivors.”
Persons: It's, , Grant Moir, Moir, ” Moir, “ We’ve, we’ve, “ It’s, Iain Cameron, Scottish Snow Hunter, Cameron, Organizations: Scottish Highlands, Park Authority, ” Records, Climate, Scottish, Royal Meteorological Locations: Scotland, Scottish, Braeriach, Great Britain, Scotland’s
It invests in a concentrated portfolio of small and midcap life sciences companies, using activism as a tool to unlock value. A successful drug like Ohtuvayre would not just increase the life expectancies of patients with COPD, but it would lower costs for both health-care providers and COPD patients. Currently, there are over 8.6 million U.S. COPD patients with over 4 million remaining symptomatic despite treatment from the current commercial therapies. In early pooling analysis, Ohtuvayre showed a 41% reduction in exacerbations in COPD patients, almost double brensocatib. When Caligan announced its Verona position last month, the stock was trading at $33.40 per share or a $2.5 billion enterprise value.
Persons: Caligan, David Johnson, Ohtuvayre, Verona's, Verona, MorphoSys, bode, Ken Squire Organizations: Verona Pharma, Caligan Partners, Carlyle Group, FDA, MorphoSys AG, Novartis, pharma, 13D Locations: Verona, London, MorphoSys, Caligan's
Indeed is launching an AI-powered tool called Pathfinder to help job seekers discover career paths. Jessica Jensen, Indeed's chief marketing officer, said the focus will be on positioning Indeed as a "livelong talent agent." The new product comes as job seekers report profound frustration with the hiring process, citing indignities like "ghost jobs" and overwhelming competition. Related storiesThe company's internal marketing team is executing the product launch, and channels will include email, events, and job seeker content. "Outreach on the part of employers is so valuable and drives better results for job seekers and employers."
Persons: Jessica Jensen, , Chris Hyams, Hyames, you've, Hymes, " Hyams, it's, Jessice Jensen, Jensen Organizations: Service, Pathfinder, BI, Companies
Andrew Yeung, a former Google and Meta lead, goes on coffee chats three to five times a week. I spent a few years as a product lead at Google and a business operations lead at Meta before leaving to build a 7-figure business and invest in over 20 early-stage companies. Most of my business partnerships, clients, and — dare I say — friendships started with a coffee chat. Once I have clarity, I use my goal outcome to shape three discussion topics or broad questions for the conversation. Listen to learn, not to respondCome prepared to learn, but don't over-program your coffee chat.
Persons: Andrew Yeung, , Kate Cronin, I've, would've Organizations: Google, Service, Meta Locations: Fibe
The paintings depict British computer scientist, mathematician and codebreaker Alan Turing. “There’s a slightly apocalyptic view of AI art wiping out everybody. for good’ which led to Ai-Da bringing up Alan Turing as a key person in the history of A.I. “’AI God,’ a portrait of pioneer Alan Turing, invites viewers to reflect on the god-like nature of AI and computing while considering the ethical and societal implications of these advancements. Alan Turing recognised this potential, and stares at us, as we race towards this future,” the robot added.
Persons: Alan Turing, , Ai, Aidan Meller, Turing, Meller, , Alastair Sooke, Pablo Picasso, ” Ai, Da, she’s, , Turing’s, Sotheby’s Organizations: CNN, British Locations: New York, British, Cornwall, England, Turing’s
TSMC will stop providing Chinese customers with some of its most advanced AI chips, per reports. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementTaiwan Semiconductor Manufacturing Company has informed its Chinese customers that it will stop supplying them with its most advanced artificial intelligence chips, according to multiple reports. The policy is part of a number of sanctions and export controls aimed at restricting Chinese firms' access to advanced technologies in the interests of national security. AdvertisementNews of TSMC suspending production was first reported by Chinese media site ijiwei.com.
Persons: , TSMC, Biden, Donald Trump Organizations: Service, Taiwan Semiconductor Manufacturing Company, Baidu, Nvidia, Huawei Technologies, US Commerce Department, US, Reuters, Trump Locations: Washington, China
The JPMorgan Asset Management's U.S. fund, already the largest active ETF in the world, returned 21.5% in 2021, including 8.15% as income. In 2022, when the S & P 500 index nearly fell into a bear market, the fund lost just 3.5% in value. Over the past couple of years, the fund has returned 7% to 9% in income on top of capital appreciation. Spence stressed that JPMorgan did not intentionally time its entry into Europe on one of the most volatile weeks of the year for global markets. One such fund is Global X's covered call ETF XYLD , which marginally outperformed JPMorgan's JEPI over the past two years.
Persons: Donald Trump's, JEPI, Hamilton Reiner, Travis Spence, Spence, Reiner Organizations: JPMorgan, JPMorgan Asset Management's, CNBC, London Stock Exchange, Deutsche Borse, Six Swiss, Asset Management, U.S, Presidential, Global Locations: Europe, Germany, U.S, London, Netherlands, Italy, Switzerland
Donald Trump's election win boosted tech stocks the next day, with Tesla leading the gains. Trump's past policies reshaped tech; his second term may impact Big Tech similarly. So what has the stock market told us so far about which Big Tech companies might be winners and losers during a Trump second term? Google gainsGoogle is somewhat surprising as a big stock gainer in the past two trading days. 'Shock absorber for the consumer'Slowinski highlighted other Big Tech stocks this week in his note to investors.
Persons: Donald Trump's, Tesla, , Donald Trump, Trump, Tim Cook, Ben Thompson, TSMC, Elon Musk, Elon, Ana Altchek, Stefan Slowinski, Mark Zuckerberg, Slowinski, Thompson, Slowinsky Organizations: Big Tech, Service, Trump, Apple, Google, Alphabet, BNP, Trump's, Democratic, Meta, Amazon, Microsoft Locations: China, Taiwan, Stratechery, North America
It all started with a summer project when he was 12 and "super into the game Minecraft," Guo tells CNBC Make It. He recently moved from Southern California to Bali, Indonesia, where he splits a villa with friends and spends his free time surfing. The expense is well worth it for high-quality food, Guo says: "One of the best parts about Bali is how clean and healthy the food is. "Most of my expenses go towards food, but if I do spend money, it's typically towards gifts for family or my girlfriend." As far as what he doesn't spend on, "I absolutely refuse to spend money on things that depreciate in value," like luxury goods, Guo says.
Persons: Steven Guo's, Guo, Steven Guo, Roth, frugally, China who's, We're Organizations: CNBC, University of California, Amazon Prime, YouTube, Transportation Locations: Southern California, Bali, Ruda Putra, Indonesia, Irvine, U.S, Philippines, UK, India, California, Canggu, Portugal, Australia, Hawaii, China, Canada
download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . In 2022, the company launched Unlocked, an AI-driven internal talent marketplace that allows employees to pursue skill-building and career-development opportunities. At Mastercard, we have looked at what makes a leader in the context of all of the different emerging trends and changes in the external environment. And then we put in place a lot of different programming to enable people leaders to show up at their best. How do you think employees are feeling right now about the competing narratives around AI — that it's potentially highly disruptive but also a great opportunity?
Persons: Lucrecia, , Borgonovo, it's, we're, I've, We're, they're, I'm, we've Organizations: Service, Business, Mastercard
Major stock indexes soared Wednesday morning in the wake of Donald Trump's decisive victory in Tuesday's presidential election. The last time the Dow, which represents larger, more established firms, saw a 1,000-point jump in a single day was November 2022. NBC News is projecting that Trump will finish with 276 Electoral College votes in his defeat of Vice President Kamala Harris, his Democratic opponent. Trump has promised to extend or enact sweeping tax cuts and deregulatory policies that are widely supported across the business community. That represents market pushback on one of Trump's key policy planks: A weaker dollar that would support U.S. exports.
Persons: Donald Trump's, Kamala Harris, Trump, David Bahnsen, Wells, Russell, Isaac Boltansky, Boltansky Organizations: Nasdaq, Dow Jones Industrial, Dow, NBC, Trump, Electoral, Democratic, Senate, Bahnsen, JPMorgan, Bank of America, U.S Locations: Wells Fargo, BTIG, U.S
GOP Sen. Ted Cruz of Texas is headed back to Washington after he turned back a challenge from Democratic Rep. Colin Allred, NBC News projects. Cruz was boosted by gains he made among Latino voters in the Lone Star state, according to NBC News exit polls. Cruz, 53, fought back, seeking in the final weeks of the campaign to paint Allred as wanting to allow boys to play in girls sports. In the end, Allred’s campaign spent more than $50 million on ads in the race, just between Labor Day and Election Day, according to AdImpact. Cruz’s campaign spent $26 million in that time, with an additional $23 million spent by the Truth and Courage PAC, a group backing Cruz.
Persons: Sen, Ted Cruz of, Colin Allred, Cruz, Allred, Kamala Harris, “ dos, , Mitch McConnell, Matthew Bartlett, “ He’s, ” Bartlett, Harris Organizations: Democratic Rep, NBC, Lone Star, Labor, Courage PAC, GOP, Fund, Republican, Trump, Democrat Locations: Ted Cruz of Texas, Washington, Cancun, Cruz, “ Texas, Texas
I decided to take a job across the country in Alaska because I thought it would help my career. It was a huge mistake, and I lost most of my friends, but I learned not to put my career first. Near graduation, an exciting opportunity arose to pursue an internship in my dream field halfway across the country in Alaska. I said yes, moved to Alaska, and lost many of my friends in the process. While I regret the friends I've lost because of my past choices, I'm grateful that I've learned what matters now instead of years later.
Persons: , I've Organizations: Service Locations: Alaska
The NLRB filed a complaint against Apple, alleging labor law violations and retaliation. AdvertisementA culture of silenceScarlett's case is among other ongoing unfair labor practice complaints by former Apple employees. The future of labor organizing in Silicon ValleyThe NLRB has received an uptick in unfair labor practice filings from tech workers. "When we talk about labor law, we're really talking about unions and hourly labor, like retail, front line, and service workers," Scarlett said. Movements like #AppleToo reflect a greater push from tech workers, who expect more employer transparency.
Persons: Cher Scarlett, Scarlett, , I'm, Bernie Sanders, Howard Schultz, Apple, Slack, – they're, Evan Starr, we're, Matthew Bodie, They're Organizations: NLRB, Apple, Service, Labor Relations, National Labor Relations, SEC, University of Maryland, Employees, Microsoft, Google, The New York Times, University of Minnesota Law School, Activision Blizzard, Mozilla Locations: Oakland, California, Silicon Valley, USA
The only potential competitive congressional race to watch in those states is Indiana’s 1st District, where Democrat Rep. Frank Mrvan is running for re-election. Here are some early bellwethers to watch:Two Virginia districts offer a glimpseTwo congressional districts in Virginia, where polls close at 7 p.m. Both districts may be valuable early indicators of how the election is playing out in the suburbs, which are key to Democratic victories up and down the ballot. North Carolina’s 1st District: Test of Black voteThis district in North Carolina, where polls close at 7:30 p.m. ET, will provide a valuable early gauge of the Black vote, one of the most important questions of the 2024 election cycle.
Persons: Kamala Harris, Donald Trump, Frank Mrvan, Randy Niemeyer, Harris, Trump, Jen Kiggans, Missy Cotter Smasal, Cotter, Harris ’, Joe Biden, Biden, Eugene Vindman, Derrick Anderson, Abigail Spanberger, Vindman, Trump’s, Alexander, Anderson, Eugene, that’d, , Kyle Kondik, Republicans redrew, Laurie Buckhout, Don Davis, , Marcy Kaptur, Derek Merrin, Kaptur Organizations: GOP, Democratic, Republican, Republicans, NBC, University of Virginia, GOP Army, Black, Trump Country, Trump Locations: East Coast, Indiana, Kentucky, Virginia, Virginia Beach, Fredericksburg, swingy, Northern Virginia, Ukraine, Northern Virginia , Virginia, Carolina’s, North Carolina, Ohio’s, Ohio’s 9th, Toledo
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