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☆ South Korea convicts man over binge eating to dodge military draft
▼ + stars: | 2024-11-26 | by ( Jessie Yeung | ) edition.cnn.com time to read: +3 min

Seoul, South Korea CNN —A South Korean man who ate to the point of obesity in an attempt to dodge the army has avoided prison after he pledged to take up his mandatory military service. The man, whose age was not revealed by the court, has since “expressed his intention to fulfill his military duty sincerely,” the ruling said. Women are exempt from compulsory conscription, and volunteer females account for only 3.6% of the Korean military, according to the Defense Ministry. In a 2018 survey, 72% of Korean men in their 20s said they thought the draft was a form of gender discrimination, and almost 65% believed women should also be conscripted. Nearly 83% said it was better to dodge military service if possible, and 68% believed it was a waste of time.

Persons: “ Organizations: South Korea CNN, country’s, Amnesty International, Constitutional, Korean, Defense Ministry, ” Locations: Seoul, South Korea, Korean

☆ Senate report slams airlines for raking in billions in seat fees
▼ + stars: | 2024-11-26 | by ( Leslie Josephs | ) www.cnbc.com time to read: 1 min

A Senate subcommittee on Tuesday slammed U.S. airlines large and small over fees to pick seats on flights. Between 2018 and 2023 American , Delta , United , Spirit and Frontier brought in $12.4 billion in seating fees, including for seats with extra legroom as well as those in "preferred" locations that are closer to the front of the plane, or window or aisle seats, said the report from the Senate Permanent Subcommittee on Investigations. While most major U.S. airlines have gotten rid of ticket-change fees for standard economy tickets, they have added fees to select more popular or roomier seats on board. Carriers have also been racing to add more premium seats on board to increase revenue.

Organizations: Frontier, Investigations Locations: Delta, U.S

☆ A Lebanon cease-fire deal would be a 'very significant event' for the economy, economist says
▼ + stars: | 2024-11-26 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailA Lebanon cease-fire deal would be a 'very significant event' for the economy, economist saysRonen Menachem, chief markets economist at Mizrahi Tefahot Bank, explains what a Lebanon cease-fire deal would mean for the economy and markets.

Persons: Ronen Menachem Organizations: Mizrahi Tefahot Bank Locations: Lebanon

☆ Hannah Kobayashi: What we know about missing Hawaii woman and the death of her father
▼ + stars: | 2024-11-26 | by ( Michelle Watson | Caroll Alvarado | ) edition.cnn.com time to read: +6 min

CNN —It’s been two weeks since Hawaii woman Hannah Kobayashi went missing after she did not board a connecting flight to New York City during a layover at Los Angeles International Airport on November 8. Her father, Ryan Kobayashi, was found dead Sunday, after he had traveled to Los Angeles to search for her. The Los Angeles County medical examiner’s office determined he died by suicide. The Kobayashi family said the “devastating tragedy” only adds to their anguish. “After tirelessly searching throughout Los Angeles for 13 days, Hannah’s father, Ryan Kobayashi, tragically took his own life.

Persons: CNN — It’s, Hannah Kobayashi, Ryan Kobayashi, Ryan Kobayashi’s, Kobayashi, “, Hannah’s, Hannah, New York Hannah, John F, Sydni, LeBron, –, texted, ”, Los Angeles Police Department’s, ‘ Ryan, Ryan, “ Hannah, CNN’s Veronica Miracle, “ I’m, Larie Pidgeon, ” Pidgeon, fiancée, ” CNN’s Karina Tsui, Amanda Jackson, Elizabeth Wolfe, Maria Aguilar Prieto, Natasha Chen, Chris Boyette Organizations: International Association for Suicide Prevention, Befrienders, CNN, Los Angeles International Airport, LAPD, CNN –, John, Kennedy International Airport, Taschen, YouTube, Nike, Los Angeles Police, Facebook, Metro Locations: Hawaii, New York City, Los Angeles, Los Angeles County, New York, Maui, Grove, Crypto.com, ”

☆ Trump says Mexico and Canada will get hit with 25% import tariffs on all goods once he takes office
▼ + stars: | 2024-11-26 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +2 min

AdvertisementPresident-elect Donald Trump announced sweeping tariffs on imports on goods from Canada, Mexico, and China. He says he plans to impose a 25% tariff on goods from Canada and Mexico. President-elect Donald Trump has announced a slate of tariffs that will hit the US's closest neighbors hard. These tariffs, Trump said, are because China's to blame for "the massive amounts of drugs, in particular Fentanyl, being sent into the United States." It is unclear what China's response to this new era of Trump tariffs will be.

Persons: Donald Trump, Trump Organizations: Trump, Representatives, Business Locations: Canada, Mexico, China, United States

☆ Opinion | Three Global Challenges That Will Shape Trump’s Legacy
▼ + stars: | 2024-11-26 | by ( Thomas L. Friedman | ) www.nytimes.com time to read: +1 min

Donald Trump left the White House nearly four years ago. Given his self-confidence, I suspect he is now thinking: “What could be so different? What I saw and heard exposed me to three giant, shifting tectonic plates that will have profound implications for the new administration. The most significant geopolitical eventIn just the last two months, the Israeli military has inflicted a defeat on Iran that approaches its 1967 Six Day War defeat of Egypt, Syria and Jordan. Let’s review:Over the past few decades, Iran built a formidable threat network that seemed to put Israel into an octopuslike grip.

Persons: Donald Trump, I’ve, Israel Organizations: White House, United Locations: Tel Aviv, United Arab Emirates, London, Iran, Egypt, Syria, Jordan, Israel, Lebanon

☆ British Airways just unveiled a new first-class cabin coming to the Airbus A380. See inside the luxury modern suite.
▼ + stars: | 2024-11-26 | by ( Pete Syme | ) www.businessinsider.com time to read: +1 min

AdvertisementBritish Airways unveiled its new first-class cabin on Monday. Business Insider was among the first to see inside the upgraded suite. It has a sleek, modern design and a touchscreen for flight attendants. After unveiling its updated short-haul interior in March, BA showed off its new first-class cabin at its London headquarters on Monday. Business Insider was among the first people to see inside the new suite.

Persons: it's Organizations: British Airways, Singapore, Airbus, Concorde, Business Locations: London

☆ Medicare, Medicaid: 7.4 million Americans could gain coverage for anti-obesity drugs under Biden proposal
▼ + stars: | 2024-11-26 | by ( Tami Luhby | ) edition.cnn.com time to read: +4 min

CNN —Millions more senior citizens and lower-income Americans could obtain coverage for costly anti-obesity drugs under a proposal being unveiled Tuesday by the Biden administration. Some Medicare enrollees could see their out-of-pocket costs drop by as much as 95%. The incoming Trump administration may not view expanding coverage of anti-obesity drugs as favorably. About 3.6 million Medicare enrollees with cardiovascular disease could be newly eligible for Wegovy, according to a KFF analysis released in April. Not all job-based health insurance plans cover anti-obesity medications, though larger employers are more likely to offer the benefit.

Persons: Biden, It’s, Joe Biden, Trump, Robert F, Kennedy Jr, Donald Trump, Dr, Mehmet Oz, don’t Organizations: CNN, Medicare, Department of Health, Human Services, RFK Jr, Fox, Services, Trump, Medicare enrollees, Food and Drug Administration, Congressional, Survey Locations: That’s, KFF

☆ Fury Unfolds in Pakistan
▼ + stars: | 2024-11-26 | by ( The New York Times | ) www.nytimes.com time to read: 1 min

Through Imran Khan’s evolution from global sports star to anti-corruption crusader and to prime minister of Pakistan — and then to outsider after his ouster in 2022 — his ability to mobilize huge street protests through social media has been a potent tool to pressure his opponents. But few protests have reached the intensity of the clashes of the past few days as his supporters marched to the capital, Islamabad, and demanded his release from prison. On Tuesday, government officials called out the army and gave it free rein to fire on protesters after six members of the security forces were killed. Again, Pakistan’s capital has become a battleground.

Persons: Imran, Pakistan — Locations: Pakistan, Islamabad

☆ Europe markets head for lower open as global rally stutters; investors digest Trump tariff implications
▼ + stars: | 2024-11-26 | by ( Jenni Reid | ) www.cnbc.com time to read: +1 min

European stocks are heading for a lower open Tuesday as investors assess the global implications of U.S. President-elect Donald Trump 's plans to hike tariffs on China, Mexico and Canada. That in turn could boost the U.S. dollar against currencies such as the euro and sterling. "Immediate market reaction looks negative," analysts at Maybank said in a note Tuesday. "However, these tariffs do differ quite a bit from what Trump had mentioned during his campaign of 60% for China and a 10% broad tariff for the rest of the world. Whilst the market maybe cautious of the risk that Trump maybe incrementally introducing the tariffs, we do note the possibility that the final imposition may not be quite the same as what was proposed by him."

Persons: Donald Trump, Trump, Maybank Organizations: Dow Jones, Federal Reserve, U.S, Trump Locations: China, Mexico, Canada

☆ What Trump's trade plans mean for industry in Canada and Mexico — from oil to autos
▼ + stars: | 2024-11-26 | by ( Huileng Tan | Theron Mohamed | ) www.businessinsider.com time to read: +4 min

AdvertisementDonald Trump said he would impose 25% tariffs on Canadian and Mexican exports to the US. The US is a big buyer of products from Canada and Mexico, particularly in the energy and auto sectors. Canadian energy exports to the US were worth $128 billion last year. Mexico worth $379 billion worth of exports to the US in the first nine months of this year, with Canadian exports topping $309 billion, the data shows. AdvertisementWilbur Ross, who served as Commerce Secretary in Trump's first administration, told CBC earlier this month he didn't expect the incoming president to tax Canadian energy imports.

Persons: Donald Trump, Nigel Green, Wilbur Ross, Ross, Tesla, Elon, BYD, Trump Organizations: US, Canadian, deVere, Energy, CBC, Toyota, Nissan, Honda, Elon Musk's, Street, Machinery, . Locations: Canada, Mexico, China, Europe, Asia, . Canada

☆ Paul Mescal says he's unhappy with his algorithm and has to 'quit the internet'
▼ + stars: | 2024-11-26 | by ( Erin Liam | ) www.businessinsider.com time to read: +3 min

In the latest episode of "Happy Sad Confused," Mescal said his algorithm has "too much" of him. Related Video Threads vs. Twitter: What we know about the apps"I've got to quit the internet," Mescal responded. Related storiesGoing on a digital detoxMescal is not the only celebrity to have considered taking a break from social media. Instead of completely abstaining from social media, setting limits may be more helpful in managing phone addiction, Neha Chaudhary, a child and adolescent psychiatrist, previously told BI. Chaudhary recommends unfollowing accounts that can negatively impact your mental health to curate a more positive social media feed.

Persons: Paul Mescal, Mescal, Josh Horowitz, Lucius, Connell Waldron, Selena Gomez, Neha Chaudhary, Chaudhary Organizations: CBS

Japan halted an engine test for one of its flagship rockets after a fire broke out at the launch site on Tuesday, marking the latest setback in the country’s efforts to establish a foothold in the growing market for vehicles capable of launching satellites into orbit. Japan’s space agency had been testing the engine combustion of its Epsilon S rocket when what it described as an “abnormality” occurred shortly after ignition. Footage from NHK, the public broadcaster, showed a blaze erupting at the test site in southwestern Japan. The failed test of JAXA’s Epsilon S rocket, codeveloped with Japanese heavy-industry manufacturer IHI, follows a similar issue in 2023 that led to months of reviews and delays. JAXA has previously said it planned to launch a demonstration model of the rocket by the end of March.

Organizations: Epsilon, NHK, Japan Aerospace Exploration Agency, JAXA Locations: Japan

☆ Trump tariffs net negative, could be unintended consequences this time
▼ + stars: | 2024-11-26 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTrump's 2018 tariffs were a net negative, there could be unintended consequences this time:Peter Boockvar of Bleakley Financial Group says that tariffs are "mud in the gears of business" and discusses some unintended consequences potential tariffs under Trump's second term might have.

Persons: Peter Boockvar Organizations: Bleakley Financial

☆ Tish Cyrus-Purcell says her divorce from Billy Ray Cyrus was 'tough on everyone' — even her adult kids
▼ + stars: | 2024-11-26 | by ( Amanda Goh | ) www.businessinsider.com time to read: +5 min

AdvertisementTish Cyrus-Purcell says her divorce from Billy Ray Cyrus was difficult even for her kids, who are now adults. "For me, I never wanted to be divorced," Cyrus-Purcell said on a podcast. Tish Cyrus-Purcell says she wanted her marriage to Billy Ray Cyrus to end. Cyrus-Purcell has three kids — Miley, Braison, and Noah — with Cyrus. And a parental divorce can leave adult kids feeling "like that last security blanket is being ripped out from under them," Sussman said.

Persons: Tish Cyrus, Purcell, Billy Ray Cyrus, Cyrus, Kate Hudson, Oliver Hudson, — Miley, Braison, Noah —, Brandi, Dominic Purcell, he'll, Brandi —, —, Noah, Hudson, Susan Moss, Moss, it's, " Moss, Rachel Sussman, " Sussman, Sussman, Gabby Landsverk Organizations: Business, CDC Locations: NYC

☆ Spirit Airlines, Delta: Airlines make billions charging ‘junk fees,’ congressional report says
▼ + stars: | 2024-11-26 | by ( Pete Muntean | ) edition.cnn.com time to read: +4 min

CNN —Airlines have pocketed billions of dollars in so-called “junk fees” by charging customers extra to select a seat or to carry on bags, according to a Senate subcommittee report published on Tuesday. The report said some airlines have even paid workers cash incentives to identify customers trying to avoid fees for carry-on bags. The report, from the Senate Permanent Subcommittee on Investigations, said that in 2023, United Airlines charged as much as $319 for an extra legroom seat, Spirit Airlines charged as much as $299, Delta Air Lines charged as much as $264, Frontier Airlines charged $141 and American Airlines charged as much as $140. “The subcommittee clearly lacks appreciation for the fact that air travel today is democratized, allowing Americans across all income levels to fly. Today, because of the revolution in air travel, nearly ninety percent of Americans have flown.

Persons: “, Biden, Pete Buttigieg, ” Organizations: CNN — Airlines, Investigations, United Airlines, Spirit Airlines, Delta Air Lines, Frontier Airlines, American Airlines, Biden Administration, Department of Transportation, Frontier, ” Frontier, CNN, Airlines, Industry, America, ” Locations: ”, Delta, United

☆ Crypto market sheds $180 billion in a day as bitcoin slides further from $100,000 milestone
▼ + stars: | 2024-11-26 | by ( Ryan Browne | ) www.cnbc.com time to read: +1 min

The price of Bitcoin price retreated further from the psychologically important $100,000 milestone, as investors booked profits from the token's post-U.S. election gains. The world's largest cryptocurrency by market capitalization was trading down 6.2% at a price of $92,446.38 as of 5:55 a.m. Ether, the second-biggest coin, fell 4.2% to $3,346.86 while Solana's sol token dropped 8.9% to trade at a price of $231.88. The entire crypto market capitalization — calculated by multiplying total coins in circulation by price — dropped $182 billion to $3.35 trillion. However, optimism around Trump's pro-crypto policy platform in the leadup to the vote has reignited buzz for digital currencies.

Persons: —, bitcoin, Donald Trump, Gary Gensler, Trump Organizations: White, Republican, U.S . Securities, Exchange, Gensler

☆ Trump will use tariffs as a negotiating lever, says analyst
▼ + stars: | 2024-11-26 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTrump will use tariffs as a negotiating lever, says analystLuis Costa, global head of emerging markets strategy at Citi, talks about the market reaction and outlook off the back of President-elect Donald Trump's announcement of tariffs on China, Canada, and Mexico.

Persons: Luis Costa, Donald Trump's Organizations: Trump, Citi Locations: China, Canada, Mexico

☆ Sir Bob Geldof responds to Fuse ODG’s Band Aid criticism
▼ + stars: | 2024-11-26 | by ( Jennifer Smith | ) edition.cnn.com time to read: 1 min

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☆ Transgender Activists Question the Movement’s Confrontational Approach
▼ + stars: | 2024-11-26 | by ( Jeremy W. Peters | ) www.nytimes.com time to read: +1 min

To get on the wrong side of transgender activists is often to endure their unsparing criticism. When J.K. Rowling said that denying any relationship between sex and biology was “deeply misogynistic and regressive,” a prominent L.G.B.T.Q. group accused her of betraying “real feminism.” A few angry critics posted videos of themselves burning her books. allies last year to discuss new limits on the participation of transgender student athletes, one activist fumed on the call that the administration would be complicit in “genocide” of transgender youth, according to two people with knowledge of the incident. Now, some activists say it is time to rethink and recalibrate their confrontational ways, and are pushing back against the more all-or-nothing voices in their coalition.

Persons: cooperator, ”, J.K, Rowling, “, Biden, fumed Organizations: Democratic, Nazi

☆ Saudi Arabian minister: Private sector is 'main driver' of new economy
▼ + stars: | 2024-11-26 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSaudi Arabia's investment minister says private sector is 'main driver of building the new economy'Khalid Al Falih, Saudi Arabia's investment minister, outlines the kingdom's plans to boost economic activity and bring in foreign investments.

Persons: Khalid Al Falih Organizations: Saudi Locations: Saudi

☆ Investors should trim into the riskiest parts of the market, says John Hancock's Emily Roland
▼ + stars: | 2024-11-26 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInvestors should trim into the riskiest parts of the market, says John Hancock's Emily RolandEmily Roland, John Hancock Investment Management co-chief investment strategist, joins 'Squawk Box' to discuss the latest market trends, state of the economy, where investors can find opportunities right now, and more.

Persons: John Hancock's Emily Roland Emily Roland, John Organizations: John Hancock Investment Management

☆ Adani Group's troubles keep growing as financial and legal headwinds get stronger
▼ + stars: | 2024-11-26 | by ( Anniek Bao | In | ) www.cnbc.com time to read: +2 min

Signage atop the Adani Group headquarters in Ahmedabad, India, on Wednesday, Feb. 1, 2023. Adani Group is staring at trouble on several fronts as investors and partners rethink ties with the Indian conglomerate in the wake of bribery and fraud accusations by U.S. authorities. Fitch Ratings has put several dollar bonds issued by Adani Group companies on its negative ratings watchlist, which means the bonds could potentially be downgraded. "Until such time when the accusations against the Adani group individuals and their consequences have been clarified, TotalEnergies will not make any new financial contribution as part of its investments in the Adani group of companies," the French company said. The U.S. International Development Finance Corp has also said it would review its prior agreements to lend $553 million to a Sri Lankan port development that's backed by the Adani Group.

Persons: Bonds, Leonard Law, Hindenburg, William Ruto, TotalEnergies, Adani Green Organizations: Leonard, Lucro Analytics, CNBC, Fitch, Adani Group, Reuters, Adani, Energy, U.S . International Development Finance Corp, DOJ Locations: Ahmedabad, India, Sri Lankan

☆ Analyst: Trump's tariffs could lead to a double-digit increase of apparel prices in the U.S.
▼ + stars: | 2024-11-26 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAnalyst: Trump's tariffs could lead to a double-digit increase of apparel prices in the U.S.Dana Telsey of Telsey Advisory Group explains the potential implications of Trump's proposed tariffs on consumer prices and margin challenges for retailers.

Persons: Dana Telsey Organizations: Telsey Locations: U.S

☆ Claims that fight between Jake Paul and Mike Tyson was rigged are ‘incorrect and baseless,’ says promoter
▼ + stars: | 2024-11-26 | by ( Jamie Barton | ) edition.cnn.com time to read: +3 min

CNN —Claims that the recent record-breaking boxing match between Jake Paul and Mike Tyson was rigged are “incorrect and baseless … illogical and inane,” the fight’s promoter said in a statement Monday. Jake Paul takes on Mike Tyson in the most-streamed global sporting event ever. Al Bello/Getty Images for NetflixHowever, the fight drew criticism from across social media and the boxing world. “Everyone is talking about how staged this fight was,” said De La Hoya, who is now a promoter, on Instagram. It goes on the record, and it was sanctioned, so Jake Paul paid to get the W on his record.

Persons: Jake Paul, Mike Tyson, Paul, Tyson –, ”, Al Bello, Hall, Hall of Famer Oscar De La, De, De La Hoya, “, Tyson, ” Nakisa Bidarian, ” Bidarian Organizations: CNN, Texas Department, Paul, Netflix, T, ESPN, ESPN BET, Hall of Famer, Hall of Famer Oscar De La Hoya Locations: Arlington , Texas, Las Vegas, De La, Instagram

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