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☆ Scared your partner is cheating? Strangers on the internet are here to help — for a fee
▼ + stars: | 2024-12-05 | by ( Samantha Grindell | ) www.businessinsider.com time to read: +7 min

AdvertisementSome people are turning to "loyalty tests" to check if their partners are cheating. One woman who paid to test her partner told Business Insider she wished she had used the service sooner. 'Loyalty tests' are on the riseVideos about loyalty tests started going viral online around 2021, and they all followed a similar blueprint. In that sense, conducting a loyalty test against your partner can be a betrayal in the same way that cheating is. AdvertisementBejar does think there are some situations where a loyalty test could be helpful, though, particularly in an abusive relationship.

Persons: Landis, AisleTalk, Ari, I've, Lazo, Ashlyn Nakasu, Nakasu, Brandan Balasingham, Balasingham, Bejar, that's Organizations: Loyalty, BI

☆ Bill Gates says 2024 was a big step for climate tech like green steel, and now is the time for VC to snag 'garage' innovators
▼ + stars: | 2024-12-05 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +6 min

AdvertisementBill Gates said 2024 brought a corporate "pivot" toward climate tech, in a foreword to a new report. While new climate tech emerges, proven solutions like solar energy still need help proliferating. It's not the only VC firm seeing large corporations lean into climate tech more, though. AdvertisementVC can 'prime the pump' on garage innovatorsLots of futuristic climate tech just needs the funding to deploy and scale up, Gates wrote. AdvertisementIndeed, Biden administration initiatives have boosted climate tech in recent years including the Inflation Reduction Act, the Bipartisan Infrastructure Law, and the CHIPS and Science Act.

Persons: Bill Gates, VCs, unravels ChatGPT, There's, Gates, CHARLY TRIBALLEAU, Aisling Carlson, Carlson, Greentown, Foley, Jeff Gritchen, Martin Meissner, Biden, Trump Organizations: Energy, Sublime Systems, Breakthrough Energy, American Airlines, Airlines, Getty, BASF, MediaNews, Orange, EV, Infrastructure Law, Breakthrough Locations: Arkansas, AFP, Coronado Pointe, Laguna Niguel , California, Haltern, Germany

The martial law order, South Korea’s first since 1980, was reversed so quickly that many South Koreans weren’t aware of it until they woke up on Wednesday. People her age who had experienced martial law under the military dictatorship rushed to convenience stores to buy canned food, she said. Biden, who hosted Yoon for a state visit to Washington last year, has worked to enhance military and other ties with South Korea as a deterrent against China and North Korea, establishing a new trilateral security partnership with South Korea and its historic rival Japan. Earlier this year, South Korea became the first country outside the U.S. to host Biden’s annual Summit for Democracy. As South Korea grapples with political instability, the U.S. “should remain a steadfast ally,” Easley said.

Persons: “ Aren’t, Jeong, Yoon Suk, Kim Hong, Yoon, Emily Jo, ”, Jo, Yoo Yong, Yoo, Han Dong, ” Han, Lee Jae, myung, Jung Yeon, Ulf Kristersson, Lloyd Austin, Biden, Pat Ryder, Philip Fong, Leif, Eric Easley, Easley, ” Easley, Stella Kim, Cho Beomsoo, Jennifer Jett Organizations: Lawmakers, ‘, People Power Party, NBC, National Assembly, Getty, Democratic Party, Gallup, Korea Times, Swedish, Defense, South, for Democracy, South Korea, Pentagon, Embassy, Ewha Womans University Locations: “, Seoul, AFP, Gallup Korea, North Korea, Korean, Washington, South Korea, China, Japan, U.S, Korea, Hong Kong

Antony Blinken, the U.S. secretary of state, welcomed Yoon’s order to rescind emergency martial law. Pentagon spokesperson Maj. Gen. Pat Ryder said the martial law order had “essentially no impact” on U.S. forces. The Ministry of National Defense also deployed between 200 and 300 armed troops to the National Assembly grounds via helicopter, Kim Min-gi, secretary-general of the National Assembly, said Wednesday. Throngs of protesters also arrived at the building in opposition to the martial law declaration. The martial law order was lifted around 4:30 a.m. Wednesday local time (2:30 p.m. Tuesday ET).

Persons: Yoon Suk, Yoon, Kim Yong, Lee Sang, Cho Seung, rae, Park Ahn, Yoon Hee, Cho, Han Dong, “, ”, Luis Robayo, Han Duck, Antony Blinken, ” Blinken, ” Yoon, Pat Ryder, Kim Min, Throngs, Woo Won, sik, ” Woo, Kim, ” Stella Kim, Jennifer Jett Organizations: South Korea —, Democratic Party, Defense, ’, National Police, Yoon’s People Power Party, Group, Getty, South, Wednesday, CNBC, Democratic, North, National Assembly, Martial Law Command, Pentagon, Ministry of National Defense, Power Party, Assembly, Korea’s, Chiefs, Staff, of National Defense Locations: SEOUL, South Korea, Rio de Janeiro, Brazil, AFP, U.S, Seoul, North Korea, Hong Kong

Telegram, which for years has had a reputation as a platform used to trade child sexual abuse material, has for the first time agreed to partner with a larger international watch group to combat such content. The U.K.-based Internet Watch Foundation, which maintains a database of known abuse imagery and provides tools for tech platforms to automatically flag and remove it, announced a partnership with Telegram on Tuesday. Telegram CEO Pavel Durov at the Mobile World Congress in Barcelona, Spain, on Feb. 23, 2016. Chris Ratcliffe / Bloomberg via Getty Images fileWith the new partnership, the IWF can effectively scan Telegram for exact matches of child sexual abuse material in its databases and automatically block it, the IWF said in a news release. Similar tools will also block links to sites known to host such content and identify artificial intelligence-created abuse imagery.

Persons: Pavel Durov, Chris Ratcliffe, Durov, Canadian Centre for Child Protection —, Remi Vaughn, “, Derek Ray, Hill, ” Ray Organizations: Internet Watch Foundation, Mobile, Bloomberg, Getty, IWF, U.S . National Center for, Canadian Centre for Child Protection, NBC News Locations: France, Barcelona, Spain, Dubai, U.S

☆ Salesforce shares jump on earnings beat and strong AI deals pipeline
▼ + stars: | 2024-12-04 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +2 min

Salesforce's revenue grew 8% year over year to $9.44 billion in its third quarter, up from the $9.34 billion expected by LSEG. Salesforce raised revenue guidance to between $37.8 billion and $38 billion for its fiscal 2025, up slightly from $37.7 billion to $38 billion it had previously reported. The analysts said they are encouraged by Salesforce's strong start with its artificial intelligence agent, Agentforce, as it closed more than 200 deals during the quarter with "thousands" more in the pipeline. Salesforce's Agentforce is an example of so-called AI agent technology. Goldman Sachs analysts raised their Salesforce price target from $360 to $400 and reiterated their buy rating on the stock.

Persons: Marc Benioff, Morgan Stanley, Salesforce's, Goldman Sachs, Agentforce, Michael Bloom, Jonathan Vanian Organizations: Economic, LSEG, TAM, Bank of America Locations: Davos, Switzerland

☆ Marc Benioff ruptured his achilles tendon. He doesn't give a 'Fakarava' as Agentforce hope sends Salesforce stock to record.
▼ + stars: | 2024-12-04 | by ( Ashley Stewart | ) www.businessinsider.com time to read: +4 min

On Tuesday, Salesforce CEO Marc Benioff described a painful injury he sustained recently while visiting Fakarava, a remote atoll in the Pacific Ocean. More importantly, Benioff shared some early signs of positive traction for Salesforce's latest AI product, called Agentforce, which helps customers design AI agents. AdvertisementThe CEO said Salesforce "delivered" 200 deals for this new generative AI offering after it became generally available in the last week of the quarter. AdvertisementBenioff touted what he called Salesforce's "unfair advantage" over other generative AI tools because Agentforce is grounded on customer data, such as purchases and returns. Advertisement"Despite Salesforce making AI its defining narrative, the true turning point hinges on Agentforce execution and adoption," Miner wrote.

Persons: Benioff, Marc Benioff, Fakarava, I've, Salesforce, Bret Taylor, It's, Agentforce, Copilot, OpenAI's, Charlie Miner, Miner Organizations: Microsoft Locations: Fakarava, Polynesia

☆ Bliss Poureetezadi Goytowski of 'Love Is Blind': I was prepared as possible for postpartum depression, but it took medication to feel better.
▼ + stars: | 2024-12-04 | by ( Kelly Burch | ) www.businessinsider.com time to read: +4 min

This as-told-to essay is based on a conversation with Bliss Poureetezadi Goytowski, co-host of the "Blind Love" podcast. Before my daughter Galileo was born in April, I thought a lot about postpartum depression. AdvertisementI spoke with my husband, Zack, and he educated himself about the signs of postpartum depression. I also reminded myself that everything might be fine: I didn't want postpartum depression to become a self-fulfilling prophecy, or to convince myself I would definitely have it. Moms need help, but even the most prepared can still be hit by postpartum depression.

Persons: Bliss Poureetezadi Goytowski, Zack, Bliss, Galileo, I'd, It's, I'm, they're

☆ Stocks making the biggest moves midday: JetBlue, Eli Lilly, Pure Storage, Salesforce and more
▼ + stars: | 2024-12-04 | by ( Pia Singh | In | ) www.cnbc.com time to read: +3 min

Dollar Tree posted adjusted earnings of $1.12 per share, while analysts polled by FactSet sought $1.07 per share. Salesforce — Salesforce shares popped about 8% after the company posted a third-quarter revenue beat and gave subscription revenue numbers that exceeded analysts' estimates. Pure Storage — Shares of the data storage management company rallied nearly 24% after Pure Storage announced a contract with an unnamed "top four" artificial intelligence hyperscaler. Foot Locker — The sneaker giant's shares fell more than 6% after the company reported an earnings and revenue miss. The stock surged 270.4% to $7.63 after the company announced that Donald Trump Jr., the eldest son of the president-elect, is joining PSQ's board.

Persons: Needham, Laura Martin, Jeff Davis, FactSet, Eli Lilly —, Eli Lilly's, Salesforce, Okta, Campbell's, Mick Beekhuizen, Locker, Donald Trump Jr, Yun Li, Jesse Pound, Hakyung Kim Organizations: JetBlue Airways —, JetBlue, Wegovy, LSEG, Marvell Technology, Wall, JPMorgan, PSQ Holdings

☆ Trump taps Paul Atkins to lead the SEC in crypto-friendly move
▼ + stars: | 2024-12-04 | by ( Alice Tecotzky | ) www.businessinsider.com time to read: +1 min

AdvertisementTrump nominated Paul Atkins to lead the Securities and Exchange Commission, a crypto-friendly move. If confirmed, he'll replace Gary Gensler. President-elect Donald Trump has nominated Paul Atkins for chair of the Securities and Exchange Commission. Atkins was an SEC commissioner under President George W. Bush and is a well-known figure in Washington's conservative financial world. AdvertisementIf confirmed, Atkins will replace Gary Gensler, who has drawn the ire of much of the crypto community and plans to step down as chair on January 20.

Persons: Trump, Paul Atkins, Atkins, he'll, Gary Gensler, Donald Trump, George W, Bush, He's, Paul Organizations: Securities and Exchange Commission, SEC, Alliance Locations: America

☆ Silicon and supercomputers will define the next AI era. AWS just made a big bet on both.
▼ + stars: | 2024-12-04 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +5 min

AdvertisementAWS unveiled a new AI chip and a supercomputer at its Re: Invent conference on Tuesday. It's a sign that Amazon is ready to reduce its reliance on Nvidia for AI chips. Big Tech's next AI era will be all about controlling silicon and supercomputers of their own. Trainium3, which AWS gave a preview of ahead of a late 2025 release, has been billed as a "next-generation AI training chip." Servers loaded with Trainium3 chips offer four times greater performance than those packed with Trainium2 chips, AWS said.

Persons: It's, Tech's, Noah Berger, Matt Garman, OpenAI, Anthropic, Blackwell, Elon Musk, Garman, He'll Organizations: Google, Microsoft, Amazon Web Services, Nvidia, Amazon Web, AWS, Wall Street, Anthropic Locations: Amazon, Rainier, Memphis

☆ This chip stock could be ready for a catch-up trade with Nvidia, according to the charts
▼ + stars: | 2024-12-04 | by ( Frank Cappelleri | ) www.cnbc.com time to read: +4 min

Technical analysis-based trade ideas can be classified into two main categories – trend following or mean-reverting. In other words, there's no reason to guess when momentum is going to turn higher – if it does at all. However, when a declining stock gets washed out and/or falls to a confluence of support, the risk return ratio can turn favorable. And with the stock's recent hold above the 130-zone the last few weeks, it could be getting ready for another rally attempt. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.

Persons: –, we've Organizations: CNBC Pro, AMD, RSI, CNBC, NBC UNIVERSAL

☆ Glossier's new CEO said listening to customers on these 3 things helped her overhaul the beauty company
▼ + stars: | 2024-12-04 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +3 min

AdvertisementKyle Leahy, the CEO of Glossier, took over the beauty company amid weak sales and layoffs. Leahy told Inc. Magazine listening to customers on three key issues helped her turn the brand around. The transition came as the billion-dollar beauty brand's sales were plunging, forcing staff cuts. Leahy explained why listening to the brand's customers on three key issues has been key to her success. In the last three years, the brand's sales have increased by 80%, the chief executive said, and brought the company back from what Redditors once described as its "flop era."

Persons: Kyle Leahy, Leahy, Emily Weiss, Weiss, Glossier, it's, —, Redditors Organizations: Glossier, Inc, Magazine, Brands, National Retail Federation, Business Locations: North America

☆ Men in Corporate America Spend Thousands on Beauty Routines in Secret
▼ + stars: | 2024-12-04 | by ( Kari Mcmahon | ) www.businessinsider.com time to read: +12 min

AdvertisementAfter his transplants, he said he felt more confident and spent less time questioning how clients and coworkers perceived him. Now, he said, some men view getting work done as basic maintenance — just like "getting a haircut." A 2023 survey from the American Society of Plastic Surgeons found that the number of men getting cosmetic procedures in the US increased by 8% from 2022 to 2023. Maman said it's also very common for men in high-status fields to want to look fresher and avoid looking tired. He said men make up around 10% to 15% of his clientele and about half of those men are corporate professionals who "want to look good in the workplace."

Persons: John, —, John isn't, it's, Daniel Maman, Maman, Dan, He's, Anna Efetova, There's, Josef Hadeed, Hadeed, Darrell Spencer, Spencer, who's, I'm, Roy Cohen, Cohen, Andrew Huberman's, Tim Peters, Peters, Wall, Catherine Chang, Chang Organizations: Business, American Society of Plastic Surgeons, Beverly, Soho, Alibaba, AARP, Privé Locations: Washington , DC, Turkey, DC, New York, Miami, Beverly Hills, Privé Beverly Hills

☆ Lily Yohannes: The making of USWNT’s emerging teenage star
▼ + stars: | 2024-12-04 | by ( Ben Church | ) edition.cnn.com time to read: +10 min

Considered one of most exciting talents in the women’s game, she is already a regular in Ajax’s first-team and is making waves on the international scene. But her rise to the top of the women’s game has been no accident, and it’s only just getting started. Speaking to CNN Sport, her father recalls Yohannes playing soccer with her brothers in the basement of the house, which he had converted into a small pitch with goals at either side. After joining the club’s academy, she worked up the ranks and earned her first contract with the senior women’s team in 2023. Emerging at AjaxDuring her first season with the senior team, Yohannes struck up a close bond with teammate Ashleigh Weerden – who has since signed for English side Crystal Palace.

Persons: Lily Yohannes, Ajax’s, Yohannes, Daniel ., Daniel Yohannes Yohannes, Yohannes ’, –, “, “ I’m, ”, initally, Johan Cruyff, Dennis Jullens, ” Jullens, Lily, Daniel Yohannes WV, Ajax –, Ashleigh Weerden –, Weerden, you’re, she’s, ” Weerden, She’s, Weerdan, “ She’s, USWNT, ” Lily Yohannes, Gerrit Van Keulen, Emma Hayes, Hayes, Daniel, “ We’re Organizations: CNN, US, National, CNN Sport, Loudoun, Loudoun County FC's, Ivory Coast, of Nations, Ajax, Ajax – it’s, Oranje, South, US Soccer, UEFA Women's, League, Getty, England Locations: Netherlands, Virginia, Loudoun County, Ethiopia, Europe, Amsterdam, duals, South Korea, United States

☆ Howard Lutnick helped build Newmark into a real estate powerhouse. Now he's leaving for Washington.
▼ + stars: | 2024-12-04 | by ( Daniel Geiger | ) www.businessinsider.com time to read: +7 min

AdvertisementHoward Lutnick opened his wallet and Rolodex to turn Newmark into a commercial real estate success. In 2011, the billionaire arranged for his affiliate financial company, BGC Group, to purchase the New York-based commercial real estate services firm Newmark for an undisclosed sum. The results have turned heads in the ultra-competitive real estate business. "It's one of the best positioned real estate players today," Goldfarb added, noting that he has an "overweight" – or buy – rating on Newmark stock. In 2014, Newmark purchased Grubb & Ellis, a commercial real estate services firm, out of bankruptcy.

Persons: Howard Lutnick, Newmark, Lutnick, Trump's, Howard, Barry Gosin, Donald Trump, Cantor Fitzgerald, Elon Musk, Barry, Alexander Goldfarb, Piper Sandler, Goldfarb, Cantor, Gosin, Mark Weiss, Scott Panzer, JLL, Panzer, Grubb, Ellis, Piper, David Falk, Falk –, Falk Organizations: Business, New, Cushman & Wakefield, Newmark, Cushman &, Economic, Newmark's Locations: Washington, Wall, New York, America, Cushman & Wakefield, Davos, Switzerland, Newmark's New York

☆ Alibaba-backed Xreal launches augmented reality glasses with new chip as Meta rivalry heats up
▼ + stars: | 2024-12-04 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +1 min

The Xreal One Series features the X1 chip which is the company's first self-designed processor for its glasses. Xreal on Wednesday launched its latest generation of augmented reality (AR) glasses as it looks to fend off competition from the likes of Meta and Snap . The company, which is backed by Chinese e-commerce giant Alibaba , is hoping to capitalize on the growing interest in AR glasses. The Xreal One Series features the X1 chip which is the company's first self-designed processor for its glasses and marks a big step for the product's capabilities. "I think that it's the biggest upgrade in Xreal history and probably the biggest upgrade for the entire consumer AR glasses [sector]," Chi Xu, CEO of Xreal, told CNBC in an interview.

Persons: Xreal, Chi Xu, Xu, Meta's Organizations: Wednesday, CNBC, Meta, Qualcomm, Google, Samsung Locations: Chinese

☆ Google CEO Sundar Pichai says he’d love to do side-by-side comparison with Microsoft’s AI models
▼ + stars: | 2024-12-04 | by ( Jennifer Elias | ) www.cnbc.com time to read: +3 min

Google CEO Sundar Pichai speaks in conversation with Emily Chang during the APEC CEO Summit at Moscone West on November 16, 2023 in San Francisco, California. Alphabet CEO Sundar Pichai is challenging Microsoft CEO Satya Nadella to an AI duel. "You guys were the originals when it comes to AI," Sorkin told Pichai after reading Nadella's comments. "They're using someone else's models," added Pichai after saying he'd love to do the side-by-side comparison. While Microsoft does have its own AI models, much of the advanced capabilities in its recent offerings are powered by OpenAI's LLMs.

Persons: Sundar Pichai, Emily Chang, Satya Nadella, Pichai, Andrew Ross Sorkin, Pichai's, Sorkin, Nadella, Google's, OpenAI's LLMs, OpenAI Organizations: APEC, Summit, Moscone West, Microsoft, The New York Times, Google, Norges Bank Investment, Bing, DOJ, Chrome Locations: San Francisco , California, San Francisco, Europe

☆ Research shows more than 150 million mental diagnoses may be linked to lead in gasoline
▼ + stars: | 2024-12-04 | by ( Madeline Holcombe | ) edition.cnn.com time to read: +5 min

CNN —A history of lead in gasoline may be behind tens of millions of mental health conditions in the United States, according to new research. The exposure likely would not have happened had lead not been in gasoline, Reuben added. Millions of homes still contain leadIf lead exposure is a widespread problem and the possible health impacts are serious, what can be done? The first step Reuben recommends is to educate yourself on the sources of lead exposure. You can test for lead exposure –– Reuben requests tests for his kids at the pediatrician, he said.

Persons: “ We’ve, ”, Aaron Reuben, Reuben, ” Reuben, Bruce Lanphear, Lanphear, “, – – Reuben, ” Lanphear Organizations: CNN, University of Virginia, Child Psychology, Psychiatry, US Energy Information Administration, Simon Fraser University, Environmental Protection Agency, FDA Locations: United States, Canada

☆ Fox News stars defend imperiled ex-colleague Pete Hegseth amid misconduct allegations
▼ + stars: | 2024-12-04 | by ( Brian Stelter | ) edition.cnn.com time to read: +6 min

New York CNN —Pete Hegseth’s former colleagues at Fox News are rallying to his side. After disregarding a series of misconduct allegations against Hegseth for days on end, the right-wing network has shifted into a new posture: defense. Amid the mounting scrutiny, Hegseth’s friends at Fox are simultaneously – and suddenly – speaking up on his behalf. On Wednesday morning – as Hegseth ramped up his own public defense – his mother appeared on “Fox & Friends” for her first television interview. Will Cain, the “Fox & Friends Weekend” co-host who sat next to Hegseth for five years, started the snowball effect.

Persons: Pete Hegseth’s, Hegseth, “ Fox, ”, Donald Trump, Trump, Penelope, Fox, Lachlan Murdoch, Suzanne Scott, Jennifer Rauchet, “, Friends ”, Steve Doocy’s, ” Penelope Hegseth, Pete, JD Vance, Emily Compagno, Brian Kilmeade, he’s, ” Kilmeade, Kilmeade, Will Cain, Cain, Rachel Campos, Duffy, ” Campos, ” Cain, Megyn Kelly, Kelly, Jake Tapper, Tim Parlatore Organizations: New, New York CNN, Fox News, Pentagon, Capitol, Fox, The New York Times, Fox Corp, Fox News Media, “ Fox, Friends, Times, ”, NBC Locations: New York, Yorker

☆ Who Would Replace South Korea’s President Yoon?
▼ + stars: | 2024-12-04 | by ( Qasim Nauman | ) www.nytimes.com time to read: 1 min

South Korea’s opposition, which controls the National Assembly, has threatened to impeach President Yoon Suk Yeol if he does not resign after his ill-fated decision to impose martial law. If Mr. Yoon quits or is removed from office then, under the constitution, Prime Minister Han Duck-soo will step in to perform presidential duties. Mr. Yoon, a conservative, came into office after winning the 2022 presidential election by a threadbare margin, and appointed Mr. Han as the prime minister that year. Mr. Han began his career as a civil servant in the early 1970s, working on trade and industrial policy for decades. From 2009 to 2012, Mr. Han was South Korea’s ambassador to the United States.

Persons: Yoon Suk, Yoon, Han Duck, Han, Han’s, Roh Moo Organizations: National Assembly, Harvard Locations: South, United States

☆ Stocks making the biggest moves premarket: Salesforce, Foot Locker, Pure Storage, PSQ Holdings & more
▼ + stars: | 2024-12-04 | by ( Sarah Min | ) www.cnbc.com time to read: +3 min

Check out the companies making headlines before the bell: Salesforce — Shares rallied more than 12% after the enterprise software company posted a third-quarter revenue beat. Salesforce reported $9.44 billion in revenue, better than the $9.35 billion expected by analysts, according to LSEG. Pure Storage — Shares surged 21% after Pure Storage beat fiscal third-quarter estimates and highlighted it won a contract with a major tech company. Foot Locker — The stock sank nearly 15% after the sneaker giant posted an earnings and revenue miss. Chewy's $2.88 billion revenue came in line with estimates.

Persons: Salesforce, Jeff Davis, Charles Giancarlo, CNBC's, Piper Sandler, Locker, —, Okta, Donald Trump Jr, LSEG, Campbell, Mick Beekhuizen, Roku, Needham, Laura Martin, — CNBC's Sean Conlon, Michelle Fox, Lisa Han, Yun Li, Pia Singh Organizations: Marvell Technology, Marvell, Wall, JPMorgan, PSQ Holdings, General Motors, Detroit automaker, SAIC Motor Corp Locations: China

☆ Kospi heavyweight stocks fall in volatile trade amid political chaos
▼ + stars: | 2024-12-04 | by ( Anniek Bao | In | ) www.cnbc.com time to read: +2 min

A man holds the South Korea flag outside the National Assembly in Seoul on December 4, 2024, after President Yoon Suk Yeol declared emergency martial law. South Korean heavyweight stocks fell in a volatile trading session Wednesday amid political upheaval that saw President Yoon Suk Yeol reverse a surprise martial law decree that he imposed hours earlier. The South Korean won depreciated further by 0.05% to trade at 1,415.78 against the greenback. South Korean stocks experienced significant fluctuations in the U.S. overnight. The iShares MSCI South Korea ETF, which tracks more than 90 large and mid-sized companies in South Korea, tumbled as much as 7% to hit a 52-week low before trimming losses to close 1.6% down.

Persons: Yoon Suk Yeol, Yoon Suk, Kim Byung, Yoon, Chong Koon Organizations: South, National Assembly, South Korean, Samsung Electronics, LG Energy, Hyundai Motor, SK Hynix, Naver Corp, Samsung SDI, Korea Gas Corporation, greenback, Standard Chartered Bank, CNBC, Bank of, Korea ETF Locations: South Korea, Seoul, Korean, Korea, Japan, Bank of Korea, U.S

☆ Hannah Kobayashi’s family insists their ‘search is not over’ despite police saying she is a voluntary missing person
▼ + stars: | 2024-12-04 | by ( Artemis Moshtaghian | ) edition.cnn.com time to read: +4 min

CNN —The family of Hannah Kobayashi, the Hawaii woman who went missing in early November after arriving in Los Angeles on a flight from Maui, insists their search for Hannah is not over despite police saying she is a voluntary missing person. “My heart is still broken, and my worry for Hannah has not lessened,” Kobayashi’s aunt Larie Pidgeon said in a statement Tuesday. “She was alone, with her luggage, and appeared unharmed,” Los Angeles Police Chief Jim McDonnell said Monday in a news conference. The family last heard from her on November 11 and police created a missing person poster for her on November 15. Video and photos show Kobayashi at various locations around Los Angeles between November 8 and 11, police said.

Persons: Hannah Kobayashi, Hannah, ”, Larie Pidgeon, Jim McDonnell, Kobayashi, “, ” McDonnell, Ryan Kobayashi, Pidgeon, Sydni Kobayashi, ” Kobayashi, Sara Azani, “ They’re, ” Azani, there’s, ” Pidgeon, Azani, I’ve, ” CNN’s Michelle Watson, Caroll Alvarado, Amanda Jackson, Chimaine Pouteau Organizations: CNN, ” Police, Customs, Mexico ”, Los Angeles Police, Los Angeles International, HawaiiNewsNow, LAPD, Los Angeles Police Department, US State Department Locations: Hawaii, Los Angeles, Maui, United States, Mexico, New York, “

☆ Stellantis CFO reveals 2 tensions around the CEO's abrupt exit and promises to rebuild trust
▼ + stars: | 2024-12-04 | by ( Graham Rapier | Nora Naughton | ) www.businessinsider.com time to read: +4 min

A top Stellantis executive on Wednesday gave an internal peek into CEO Carlos Tavares's abrupt exit. AdvertisementHis decision to step down from the top job at Stellantis came after months of pressure from disgruntled investors, dealers, and union officials. On the road to recoveryParting ways with Tavares was a good first step in rebuilding trust, US dealers and union leaders said. UAW President Shawn Fain released a statement this week calling Tavares's exit a "major step in the right direction." AdvertisementFain also said that the union is still committed to holding Stellantis accountable amid planned layoffs the union says violate the 2023 collective bargaining agreement.

Persons: Carlos Tavares, Carlos Tavares's, Doug Ostermann, Tavares, Kofi Amoo, Gottfried Tavares, Ostermann, Goldman Sachs, Stellantis, Dave Kelleher, " Kelleher, Ram, Shawn Fain, Tavares's, " Fain, Fain Organizations: Wednesday, Jeep, Goldman, Chrysler, Dodge, Hyundai, UAW Locations: Pennsylvania, Stellantis, United States

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