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☆ I drove Hyundai's $52,000 Palisade SUV. These were my 24 favorite features
▼ + stars: | 2024-06-09 | by ( Benjamin Zhang | ) www.businessinsider.com time to read: +1 min

The Hyundai Palisade is a mid-size, three-row family SUV that's available with all-wheel-drive. I recently reviewed a fully-loaded Palisade SUV in Calligraphy trim. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThe Hyundai Palisade is one of the most popular and critically acclaimed three-row family SUVs on sale today. I recently reviewed a $52,000 2024 Hyundai Palisade Calligraphy AWD.

Persons: — Organizations: Hyundai, Service, Kia Telluride, Palisade, Business

☆ Rivian says its updated electric pickup and SUV are faster and have more range than the Cybertruck
▼ + stars: | 2024-06-06 | by ( Benjamin Zhang | ) www.businessinsider.com time to read: +1 min

Rivian unveiled its updated R1T pickup truck and R1S SUV with more power and range on Thursday. The revised R1T and R1S look similar to the outgoing generation but feature major internal updates. The dual-motor, second-generation Rivian R1T and R1S are on sale now. AdvertisementRivian unveiled an updated second generation of its flagship R1T electric pickup truck and R1S SUV on Thursday, featuring a host of technical improvements and two new powertrain options with more power and range. Based on Rivian's estimated performance figures, versions of the second-generation R1 platform now boast faster acceleration and substantially more range than Tesla's Cybertruck.

Persons: Rivian, — Organizations: Service, Business

☆ Leaked Microsoft org chart reveals the top people running Mustafa Suleyman's new AI organization
▼ + stars: | 2024-06-06 | by ( Ashley Stewart | ) www.businessinsider.com time to read: +5 min

Microsoft in March hired Suleyman, head of startup Inflection AI and cofounder of AI pioneer Deepmind, to be CEO of a newly formed "Microsoft AI" group. Here are top players at Microsoft AI:AdvertisementKarén Simonyan, CVP and chief scientistKarén Simonyan Inflection AI Inflection AISimonyan is one of three Inflection co-founders. Kya Sainsbury-Carter, CVP Microsoft AdvertisingSainsbury-Carter is an 18-year veteran of Microsoft. Qi Zhang, CVP Microsoft AI APRDZhang is based in Beijing and has been at Microsoft for 22 years. Chris Daly, VP strategy and business operationsDaly joined Microsoft AI in May after spending about nine years in investment banking at Robey Warshaw.

Persons: —, Mustafa Suleyman, Suleyman, Karén Simonyan, Karén, Simonyan, Satya Nadella, Rob Cromwell, Cromwell, Gabor Hirschler, Hirschler, Mikhail Parakhin, Jordi Ribas, Bing, Rukmini Iyer, Iyer, Rajesh Sundaram, Sundaram, Ali Akgun, Panos Panay, Sainsbury, Carter, Qi Zhang, Zhang, Mike Davidson, Davidson, Michael Bhaskar, Bhaskar, DeepMind, Chris Daly, Daly, Robey Warshaw Organizations: Service, Microsoft, Business, Bing, Enterprise, Microsoft Edge, Carter, Microsoft Advertising, Pacific Research, Development, Twitter, NBCNews.com, Walt Disney Internet, Microsoft AI Locations: Copilot, Beijing, Asia, Pacific, London

☆ China's Alibaba is courting European and U.S. small businesses as it goes global
▼ + stars: | 2024-06-06 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +1 min

Alibaba.com is a platform run by the Chinese e-commerce company of the same name that focuses on overseas business customers. BEIJING — Chinese e-commerce giant Alibaba is ramping up its global expansion with new services aimed at attracting small businesses in the U.S. and Europe. The platform is part of Alibaba's fast-growing international business, which also sells directly to consumers overseas through sites such as AliExpress. While consumers in China have long enjoyed delivery tracking and favorable return policies, small businesses buying from cross-border e-commerce platforms have not, due to the added complexity of international trade. He noted an increasing trend of fragmentation in supply chains, and said a growing number of local businesses, whether in cosmetics or the autos industry, need to buy globally in order to protect profit margins.

Persons: Alibaba.com, China —, Kuo Zhang Locations: BEIJING, U.S, Europe, China

☆ I'm a millionaire and a financial expert and I still rent over buying a house
▼ + stars: | 2024-06-06 | by ( Jane Zhang | ) www.businessinsider.com time to read: +8 min

My landlord lives in a house right up the hill from me, so when I need him, I can call him, and he's right there. I'm glad I'm not doing that anymore, but I'm really glad I had that opportunity. AdvertisementRenting is also a smarter financial decision right now, with how high interest rates are. I don't think I'll rent foreverMy finances now are different than they were when I was 22. Renting really fits the current season of my life, but I don't think this is the choice I'll make forever.

Persons: —, Tori Dunlap, I've, I'm, Homeownership, That's, it's, Jane Zhang Organizations: Service, Business, PMI Locations: Seattle, North Seattle, janezhang@businessinsider.com

☆ Signs are pointing to a Nike rebound. How to play it using options
▼ + stars: | 2024-06-05 | by ( Tony Zhang | ) www.cnbc.com time to read: +2 min

Nike (NKE) is underperforming the market and its sector since mid 2021. With valuations near its historical lows and the potential for China growth to rebound, it is time for investors to start paying attention to Nike again. The trade Options on NKE are expensive now with implied volatility on the higher end of the range. DISCLOSURES: (Long Nike) THE ABOVE CONTENT IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY . BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.

Persons: NKE, I'm Organizations: Nike Locations: China

☆ 'Everyone is too scared to come': Taiwan's earthquake deals a blow to top tourism hotspot
▼ + stars: | 2024-06-04 | by ( Jan Camenzind Broomby | ) www.cnbc.com time to read: +6 min

As a bed and breakfast owner in Taiwan's Hualien County, Chen Rei-jia was used to the minor tremors that sometimes disturbed her work. Source: Jan Camenzind BroombyNow, survivors like Chen are facing a new challenge. "It might take five to 10 years for full recovery," Chang Chih-hsiang, director general of Hualien's tourism department, told CNBC Travel. Chang Chih-hsiang, head of Hualien's tourism office, estimates the area's tourism industry could take five to 10 years to fully recover. Source: Jan Camenzind Broomby

Persons: Chen Rei, jia, Chen, I've, Camenzind Broomby, Lai, Camenzind, Liang, Howard Yeh, Chang Chih, Stephanie Zhang, Chang, Cheng Wen, zhong, Lin Ya Organizations: Tourists, Hualien Hotel Association, CNBC Locations: Hualien County, Taiwan, Hualien, Taroko, Taipei

We have everything you need to know on how to watch Wilder vs. Zhang from anywhere in the world. How to watch Wilder vs. Zhang in the US & CanadaWilder vs. Zhang will be available to live stream through DAZN in the US and Canada. So, you'll only need to pay $69.99 for the Wilder vs. Zhang PPV event upfront. Shop at DAZNHow to watch Wilder vs. Zhang in the UKDAZN will also live stream the fight in the UK. How to watch Wilder vs. Zhang in 200 other countriesDAZN is available in more than 200 countries.

Persons: Wilder, Zhang, Joshua scuppered, Joseph Parker, Parker, We've, you'll, DAZN, Canada Wilder, It's, Usyk, ExpressVPN, hasn't, they're, Wilder Dubois, Hrgovic, Ford, Williams Hutchinson, Richards Organizations: Business, Fury, Kiwi, Canada, Wilder Locations: Riyadh, tatters, It's, Canada, Dubois

☆ China's capital city is opening a robotaxi route to a major train station, startup Pony.ai says
▼ + stars: | 2024-05-31 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +3 min

Robotaxi operator Pony.ai has begun testing rides with human staff inside between a suburb of Beijing and a major high-speed train station. By the end of this year or early next year, Zhang expects the train station route will be fully driverless, with no human staff inside. BEIJING — In three years, China's capital city of Beijing has taken rapid steps toward letting robotaxis operate closer to the city center. By the end of this year, Zhang expects the city will allow robotaxi operation around Beijing Capital International Airport to the north. In three to five years, Zhang expects Beijing will allow robotaxis throughout the city.

Persons: Pony.ai, Zhang, Ning Zhang, WeRide Organizations: Beijing South Railway, CNBC, BEIJING —, Daxing International, Baidu, Beijing Capital International Airport, Toyota Locations: Beijing, Yizhuang, Pony.ai, BEIJING, China

☆ I got engaged with a $57 Etsy ring. My fiancé and I both make 6 figures, but we're planning strategically to save $20K for our wedding.
▼ + stars: | 2024-05-31 | by ( Viviana Vazquez | ) www.businessinsider.com time to read: +9 min

Our wedding budgetWe have a wedding budget of $20,000, with a guest list of around 120 people. Some of my family members won't be able to travel to Mexico, so we plan to invite them to dinner after our City Hall civil wedding. Some of my family members won't be able to travel to Mexico, so we plan to invite them to dinner after our City Hall civil wedding. We plan to help subsidize five rooms for 10 family members by contributing $1,000 per room, or half the cost. We plan to help subsidize five rooms for 10 family members by contributing $1,000 per room, or half the cost.

Persons: —, Xavi, We've, Vazquez, Viviana Vazquez, maxing, Robert Dula, we'd, I'm, San Miguel de Allende, Viviana Vazquez Viviana Vazquez, Jane Zhang Organizations: Service, Baruch College, Business, City Hall, City Locations: New York City, Mexico, Atlanta, New Orleans, Vazquez, Nola, Cancún, New York, San Miguel, janezhang@businessinsider.com

☆ Nelly Korda shoots septuple-bogey on par-three in nightmarish US Women’s Open start: ‘I’m human’
▼ + stars: | 2024-05-31 | by ( Jack Bantock | ) edition.cnn.com time to read: +3 min

CNN —After months of otherworldly form, Nelly Korda proved she is human after all following a horrific start to the 79th US Women’s Open on Thursday. “I just didn’t really want to shoot 80, and I just kept making bogeys,” Korda told reporters. 30 Saso is chasing her second US Women’s Open title after playoff triumph at The Olympic Club in San Francisco, California, in 2021. There’s so much golf left,” Saso told reporters. Friday’s second round is set to begin at 6:45 a.m.

Persons: Nelly Korda, Yuka Saso, Korda –, –, ” Korda, “, birdies, Korda, Matt Slocum, Andrea Lee, Thailand’s Wichanee Meechai, Adela Cernousek, ” Saso, I’ve, Saso, Matt Rourke, Rose Zhang, Friday’s Organizations: CNN, Pennsylvania’s Lancaster Country Club, Chevron, AP, Olympic Club Locations: Pennsylvania’s, San Francisco , California

We'll show you how to watch the US Women's Open golf tournament from anywhere. Unlike many other golf tournaments, the US Women's Open is held at a different club each year. Below, we've compiled all of the ways you can watch the 2024 US Women's Open. How to watch US Women's Open in the USUS Women's Open coverage will be spread across Peacock, USA, and NBC in the US. Shop at FuboHow to watch US Women's Open in the UKSky Sports is the home of US Women's Open coverage in the UK.

Persons: Rose Zhang, Hannah Green, Allisen, Nelly Korda, we've, Peacock, ExpressVPN Organizations: Business, US, LPGA, Lancaster Country Club, NBC, USA, Sky Sports Locations: Pennsylvania, Peacock, USA

☆ A bearish bet on homebuilders that profits if the consumer starts to weaken
▼ + stars: | 2024-05-29 | by ( Tony Zhang | ) www.cnbc.com time to read: +3 min

Recent weakness in the homebuilders, which are dependent on the consumer, suggests that they may be heading in the direction of the discretionary sector. This suggests that XHB is likely to revisit the bottom of the trading range and potentially break below it. This weakness suggests that it will revisit the $140 support level and potentially break lower, especially as momentum has recently turned negative. So I'm going to use the June 28 weekly expiration and buy the $145/$135 put vertical at a $3.82 debit. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.

Persons: XHB, DHI Organizations: DR Horton

☆ Meet the Gen Zers maxing out their retirement savings: 'It's no longer chasing money; it's chasing time'
▼ + stars: | 2024-05-29 | by ( Jennifer Liu | In Jljenniferliu | ) www.cnbc.com time to read: +4 min

And she's part of a growing class of Gen Z retirement super-savers. Many are concerned about stagnating wages in an era of skyrocketing costs of living, says Paloma Thombley, chief human resources officer at Handshake, the jobs site for college students and new grads. Gen Z prioritizes retirement benefitsGenesis Hinckley, 27, works as a business analyst for Google in Boulder, Colorado. 'It's no longer chasing money; it's chasing time'Anxiety aside, many Gen Zers see super-saving for retirement as a way to take control over an uncertain future when the built-in support systems are lacking. They learned when it makes sense to invest in a plan pre- or post-tax, how to actually invest your retirement money, and the value of compound interest.

Persons: Lillian Zhang wasn't, Zhang, Gen, Gen Zer, millennials, Gen Xers, Paloma Thombley, Zers, Thombley, Lillian Zhang, isn't, Z, Genesis Hinckley, Hinckley, Roth, TikTok Organizations: IRA, Northwestern Mutual, Social Security, Google, Genesis, YouTube Locations: Boulder , Colorado

☆ American Airlines CEO admits the airline messed up its plan to disrupt how tickets are sold
▼ + stars: | 2024-05-29 | by ( Benjamin Zhang | ) www.businessinsider.com time to read: +1 min

American Airlines slashed its revenue and margin outlook for Q2 2024 on Tuesday. American's CEO said part of its struggles is due to recent changes in ticket sales strategy. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Speaking at an event on Wednesday, CEO Robert Isom said the lower earnings guidance can be attributed to a weaker-than-expected marketplace and the airline's weaker-than-expected performance. A key factor behind lower bookings is the airline's recent changes to ticket sales strategy, Isom said.

Persons: Vasu Raja, American's, —, Robert Isom, Isom Organizations: Airlines, Service, Business

☆ Lexi Thompson, 29, to retire from pro golf at the end of the 2024 season. ‘Being out here can be a lot. It can be lonely’
▼ + stars: | 2024-05-29 | by ( Jack Bantock | ) edition.cnn.com time to read: +6 min

CNN —Lexi Thompson will retire from professional golf at the end of the 2024 season, calling time on a decorated career at the age of 29, the American announced on Tuesday. And of course, I look forward to a little time for myself.”Thompson became the youngest to ever compete at the US Women's Open in 2007. “You haven’t always been easy on me, or fair for that matter, but through all the ups and downs, you’ve given me a platform to inspire others and positively impact the world,” Thompson said in her letter. Stephen Dunn/Getty Images‘A whirlwind of constant attention, scrutiny and pressure’Thompson spoke through tears during a press conference at Pennsylvania’s Lancaster Country Club, US Women’s Open host, on Tuesday. 1 and the US Women’s Open tournament favorite Nelly Korda.

Persons: Lexi Thompson, –, ” Thompson, “, Leo, Streeter Lecka, Thompson, agonizingly, South Korea’s, Stephen Dunn, ’ Thompson, ”, I’ll, We’re, we’re, that’s, David Cannon, Rose Zhang, Rory McIlroy, Max Homa, Matt Rourke, Nelly Korda, “ She’s, ” Korda, she’s, Corpuz, She’s, Michelle Wie West, Annika Sörenstam, Thompson’s, Suzann, fairways we’ve Organizations: CNN, American, Floridian, Kraft Nabisco, Chevron, –, USA, Solheim, Olympic, US, LPGA, Aramco, European, South, Pennsylvania’s Lancaster Country Club, PGA, Shriners, PGA Tour, ” Locations: Instagram, “

☆ Zhongnanhai: The scenic garden that became China’s secretive seat of power
▼ + stars: | 2024-05-25 | by ( Jonathan Chatwin | ) edition.cnn.com time to read: +18 min

As the seat of power, Zhongnanhai is often thought of as China’s equivalent to the White House, or the Kremlin. Architectural changesThere have been serious revisions to the architecture of Zhongnanhai since the end of imperial rule in 1912. Having re-established Zhongnanhai as a center of political power in the new China, Mao set about rebuilding the compound according to his tastes. “It was here,” noted Aldrich, “with the background trappings of a scholar, that he met Nixon and Kissinger in 1972.”Most subsequent leaders have preferred to keep a house outside the Zhongnanhai compound. However, the compound hasn’t always been so forbidden for the masses following the collapse of China’s imperial dynasty.

Persons: Jonathan Chatwin, “, Deng Xiaoping, Leung Chun, Xi Jinping, Simon Song, Xi Jinping’s, Ming, Geremie Barmé, Qianlong, Feng Li, ” Linda Jaivin, ”, Dowager Cixi, Zhongnanhai, Cixi, Dowager, M, Aldrich, Mao Zedong, ” Aldrich, China’s, Yuan Shikai, Yuan Shikai ‘, William Lewisohn, Xinhuamen, William Cooper, —, Qianlong Emperor, Yuan, Invincible Mao, — Mao, Kangxi, Mao, Zhou Enlai, Chen Yi, Zhang Wentian, Nikita Khrushchev, Khrushchev, Nixon, Kissinger, Hu Jintao, Jiang Zemin, Newscom Aldrich, Mao’s, Li Zhisui, Xi, Chicago's Walter, Hu Yaobang, Gong, “ Heck Organizations: CNN, Bell, Communist Party, CCP, White, Hong, China Morning, University of Bristol Library, Great Communist Party of China, ”, Shuangqing Villa, Alamy, State Council, China’s Politburo, Huairen, Chicago's Walter Payton College Preparatory, New York Times, Zhongnanhai, Bloomberg Locations: Modern China, Prospect, Tiananmen, Hong Kong, Zhongnanhai, City, China, Beijing, “, People’s Republic, New China, Arlington, Peking, Xinjiang, Russian, Beihai, Beijing’s, Huairen, Qinzheng Hall

☆ Singapore Airlines made a smart move after deadly turbulence
▼ + stars: | 2024-05-24 | by ( Benjamin Zhang | ) www.businessinsider.com time to read: +1 min

Singapore Airlines announced it will no longer serve meals when the seatbelt light is on. This comes after a passenger died and dozens were injured on a flight due to severe turbulence. AdvertisementSingapore Airlines flight attendants will no longer serve meals when the seatbelt light is on. Singapore's flag carrier changed its in-flight service policy to ensure its people's and passengers' safety following a fatal turbulence event on one of its flights on May 21. The airline's prohibition on meal service during turbulence joins its existing policies, which already ban hot beverage service during rough air.

Persons: — Organizations: Singapore Airlines, Service, Business

☆ Kia unleashed a stylish new electric SUV with 373 miles of range — see the EV3
▼ + stars: | 2024-05-23 | by ( Benjamin Zhang | ) www.businessinsider.com time to read: 1 min

The stylish EV3 is built on the same electric platform used across the Hyundai, Kia, and Genesis brands. A Kia EV3 compact electric SUV KiaThe EV3 will compete with other compact electric crossovers like the Hyundai Ioniq 5, Tesla Model Y, and the new Chevrolet Equinox EV. However, buyers can opt for the EV3 Long Range, which will be equipped with a larger 81.4 kWh pack. All versions of the EV3 will be powered by a single 201 hp (150kW) electric motor driving the front wheels. Kia says the EV3 can run from 0 to 62 mph in 7.5 seconds and reach a top speed of 106 mph.

Organizations: Hyundai, Kia, Tesla, Equinox

CNN —China’s military drills around Taiwan are designed to test its ability to “seize power” over the island, the People’s Liberation Army said Friday as its forces kicked off a second day of large-scale exercises encircling its democratic neighbor. Taiwan’s Defense Ministry has condemned China’s military exercises as “irrational provocations” and dispatched its own sea, air and ground forces in response. A total of 19 Chinese warships and seven coast guard vessels were detected near the Taiwan Strait, according to the ministry. China Coast Guard drill near Taiwan. China Coast Guard/Weibo‘Blockading Taiwan’China’s military drills are often as much about playing to a domestic audience as signaling intentions internationally, and state media has ramped up coverage of the drills.

Persons: CNN —, Lai Ching, Lai, Xi Jinping, ”, China’s, Tsai Ing, ” “, Wu Qian, Liu, Tsai, wasn’t, “, I’m, Zhang Chi, Zhang, Carl Schuster, Craig Singleton, ” Singleton, Singleton, Lionel Fatton, ” Fatton Organizations: CNN, People’s Liberation Army, PLA, Command, Party, Taiwan, Guard, CCTV, Taiwan’s Defense, Kyodo, Democratic Progressive Party, China’s, Ministry, Chinese Communist Party, China Coast Guard, Taiwan . China Coast Guard, Weibo, US, Coast Guard, Pacific Command’s Joint Intelligence Center, Foundation, Defense of Democracies, Webster University Locations: Taiwan, Beijing, China, Kinmen, Taiwan Strait, China's, Taiwan ., ”, Kaohsiung, Wuqiu, Geneva

☆ Inter Milan taken over by US investment firm Oaktree after Chinese owners fail to repay loan
▼ + stars: | 2024-05-22 | by ( Maisie Linford | Matias Grez | ) edition.cnn.com time to read: +2 min

CNN —US-based investment firm Oaktree Capital Management said on Wednesday it has “assumed ownership” of recently crowned Serie A champion Inter Milan. Inter’s Chinese owner, Suning, failed to repay a loan now worth €395 million ($428 million) that was taken out to help finance the club during the Covid pandemic. In a statement, Oaktree said: “We understand the great responsibility towards the community and the historical legacy of Inter. Mattia Ozbot/Inter/Getty ImagesAfter contacting Oaktree for comment on Zhang’s statement, the firm referred CNN to its press release. “As new owners, we recognize our responsibility to Inter Milan’s community, history and legacy,” Oaktree’s Alejandro Cano said in a statement.

Persons: Suning, Oaktree, “, Howard Marks, Steven Zhang, Mattia Ozbot, ” Oaktree’s Alejandro Cano Organizations: CNN, Oaktree Capital Management, Serie, Inter Milan, Inter, Club, Coppa Italia, Champions League, Europa League, Juventus Locations: Italy, Oaktree

☆ Troubling market internals warrant buying some portfolio protection — Here's how
▼ + stars: | 2024-05-22 | by ( Tony Zhang | ) www.cnbc.com time to read: +2 min

As equity markets print new all-time highs and the CBOE Volatility Index prints 52-week lows, this should be considered as a bullish outlook by all accounts. However, if we look under the hood, the internals during this rally concern me and in my opinion, warrants buying some protection on these all-time highs. If we look at the Sector Rotation RRG Chart, we see that over the past five weeks, the rally in the S & P 500 has been led by utilities, energy and staples. With materials and industrials also rolling over, we simply lack the confidence to call a strong bull market on the recent all-time highs. I'm going out to July and buying the $530 puts on the SPDR S & P 500 ETF Trust (SPY) for $7.35, which is only 1.3% of the SPY's value to buy over 2 months of protection.

Organizations: Trust

☆ I became a data analyst and grew my salary 5x without working in Big Tech. Non-tech companies offer more flexibility and less stress.
▼ + stars: | 2024-05-21 | by ( Charlotte Chaze | ) www.businessinsider.com time to read: +8 min

Landing a data analyst job helped me achieve the life I had dreamed ofI started looking at job boards and saw a ton of data analyst positions, with an average starting salary of around $70,000, in 2018. I don't feel that working in Big Tech is worth itWhen people think about working a tech job, many think of Big Tech companies like Tesla and Meta, which offer the highest salaries and have a certain air of prestige. Although they might not be quite as high as Big Tech roles, the salaries at non-tech companies can be super competitive, especially if you focus on non-tech companies in the Fortune 500. When you apply for tech jobs at non-tech companies, you're not competing against people who are trying to be the best in the world. AdvertisementI advise anyone hoping to land their first data analyst job at a non-tech company to start looking at their current job as an asset and find where it overlaps with data analyst jobs.

Persons: —, I'd, we're, Barry, Charlotte Chaze, Charlotte Chaze There's, you'll, Jane Zhang Organizations: Service, Business, Comcast, Disney, Big Tech, Kroger, & $ Locations: Philadelphia, Delaware, Catskills, Charlotte, El, Forest , Puerto Rico, janezhang@businessinsider.com

☆ Chinese Firms Face Authoritarianism at Home and Hostility Abroad
▼ + stars: | 2024-05-20 | by ( Li Yuan | ) www.nytimes.com time to read: 1 min

One April afternoon in 2018, Zhang Yiming, the founder of the Beijing-based online media company ByteDance, got a notice from Chinese regulators to shut down an app where people shared jokes and silly videos. He followed orders and expressed his deep remorse in a public apology. “I feel regretful because I have let down the guidance and expectations of the supervisory authorities all along,” he wrote. On top of the list: Build up the Communist Party’s presence at ByteDance and educate its employees to think from the perspectives of the party and the government. Now ByteDance, which owns TikTok, is facing a similar order from the U.S. government: It needs to divest the short video app or it will face a ban.

Persons: Zhang Yiming, “, ”, Zhang Organizations: U.S . Locations: Beijing, U.S

☆ Viral TikToks helped Hyundai and Kia dominate the list of America's most stolen cars
▼ + stars: | 2024-05-19 | by ( Benjamin Zhang | ) www.businessinsider.com time to read: +1 min

The National Insurance Crime Bureau released their list of the most stolen cars in America for 2023. Hyundai and Kia models took six of the top 10 spots in the insurance industry trade group's list. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementHyundai and Kia dominate the National Insurance Crime Bureau's list of the most stolen cars in America. The compact Hyundai Elantra took the top spot, with more than 48,000 vehicles stolen, 2.5 times the number stolen in 2022.

Persons: — Organizations: Insurance, Hyundai, Kia, Chevrolet, Ford, Honda, Service, National Insurance, America . Vehicles, South, Business Locations: America

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