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☆ London startup Agemo has exited stealth. Now, it's building AI reasoning for software to take on Poolside and Magic.
▼ + stars: | 2024-11-12 | by ( Riddhi Kanetkar | ) www.businessinsider.com time to read: +7 min

Agemo has exited stealth with $4 million to build AI that turns text prompts into software. Essentially, this required them to train their AI models to reason like a team of engineers. Agemo finds itself up against the likes of Poolside, which raised $500 million in October, and Magic, which raised $320 million in August. To combat this problem, Agemo is building AI systems that can "reason" in software. AdvertisementEurope's answer to Poolside and MagicTo differentiate it from competitors such as Poolside and Magic, the startup says it has developed a neurosymbolic AI system for software reasoning.

Persons: Agemo, Aymeric Zhuo, Osman Ramadan, —, IBM's Jonathan Adashek, Mehdi Ghissassi, Olivier Pomel, Zhuo, Ramadan, ChatGPT, we've, We've Organizations: Service, Firstminute Capital, Mistral, Fly Ventures, Cambridge University, Microsoft, Activision, BI Locations: DeepMind, OpenAI, Sudan, London, Europe, Bay

☆ I made 3 fall recipes in a Crock-Pot and they were easy and affordable to make
▼ + stars: | 2024-11-12 | by ( Erin Mcdowell | ) www.businessinsider.com time to read: +1 min

I've made many recipes in a slow cooker before, from soups and stews to a week's worth of meals. With the fall season in full swing, I decided to make three cozy, comforting meals in my Crock-Pot. I made chicken-and-potato corn chowder, creamy garlic pork chops, and a classic beef stew. AdvertisementWith the fall season in full swing, I decided to try making three fall-inspired recipes in my Crock-Pot. For this week, I made three comforting, satisfying recipes that seemed perfect for fall: beef stew, chicken-and-potato corn chowder, and creamy garlic pork chops.

Persons: I've, — Organizations: Service

Sean "Diddy" Combs' private aircraft appears to be available to charter. The Gulfstream G550, known as LoveAir, is also listed for sale, Combs' attorneys said. AdvertisementSean "Diddy" Combs' luxe private jet is seemingly available to charter while the disgraced music mogul sits in jail. The Gulfstream G550, known as LoveAir, appears to be available to rent through Silver Air, a private jet charter company based in Southern California. An aircraft of the same model and tail number is listed on the private jet marketplace Victor, with Silver Air noted as the operator.

Persons: Sean, Diddy, Combs, —, Victor Organizations: Gulfstream G550, Service, luxe, Silver Air, Southern California . Federal Aviation Administration, LoveAir LLC, Victor, Silver, Liberty Jet, Diageo, Star Locations: Brooklyn, Southern California, Polynesia, New Zealand, San Francisco , Los Angeles, Baja, Mexico, Los Angeles

☆ I've been a professional bra fitter for 10 years. Here are 8 mistakes people make when buying bras.
▼ + stars: | 2024-11-12 | by ( Carol Nicholson | ) www.businessinsider.com time to read: +7 min

As a professional bra fitter, I've seen people make mistakes when buying the garment. AdvertisementAs a professional bra fitter for over a decade, I know many people struggle to find a perfect-fitting bra. Fortunately, my job is to guide clients as they discover which bras work best for their lifestyles. Thinking bras have to be uncomfortableDuring fittings, I always ask clients what they're looking for, and almost every person says, "A bra that's comfortable." Believing cute bras don't exist for bigger breastsI found a bra that's the perfect size for me, the Fetzyz from Ewa Michalak in brown.

Persons: I've, —, who's, It's, Denise, Ewa Michalak, Sam Organizations: Service, Brands Locations: Ewa

☆ Top Ducati executive explains how the Army helped him succeed and shares 2 traits that make veterans great hires
▼ + stars: | 2024-11-12 | by ( Benjamin Zhang | ) www.businessinsider.com time to read: +4 min

Ducati North America CEO Jason Chinnock enlisted in the US Army out of high school. Chinnock served as a tank driver with the Third Armored Division and is a veteran of Desert Storm. AdvertisementFor nearly a century, Ducati motorcycles have been some of the most sought-after in the world. Related VideoSince 2016, Ducati North America CEO Jason Chinnock has been the executive tasked with running the motorcycle maker's crucial US business, its largest market outside Italy. Chinnock said veterans can also be strong hires for their discipline and ability to persevere when facing challenges.

Persons: Jason Chinnock, Chinnock, —, it's, Allan Tannenbaum, that's Organizations: Ducati North, US Army, Third Armored Division, Desert, Service, Ducati, Audi, Business, Army, Division, Operation Desert, Chinnock, US Armed Forces Locations: Desert Storm, Italy, Iraq, Persian

☆ 3 CEOs preparing to raise prices if Trump enacts trade restrictions
▼ + stars: | 2024-11-12 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +5 min

Economists say his tariff proposals could spike inflation as companies tend to pass costs on to consumers. Some companies have already said Trump's proposals would force them to increase prices. AdvertisementSome executives have warned that price hikes are on the way if President-elect Donald Trump's tariff plans go into effect. Executives have told analysts on earnings calls that it would be difficult to maintain current prices under Trump's broad tariffs. AdvertisementBelow are the companies that are warning of price increases if Trump's tariff proposals are implemented.

Persons: Donald Trump, —, Donald Trump's, Trump, Tarang Amin, Amin, AutoZone Philip Daniele, Daniele, Tim Boyle, Boyle, Stanley Black, Decker Donald Allan, Decker, Allan, Steve Madden, Edward Rosenfeld Organizations: Service, Federal Reserve, Columbia, Washington Post, Trump Locations: China, Columbia, Mexico

☆ Anthony Scaramucci is worried about a stock-market crash not seen since the late 1920s if Trump follows through on some of his plans
▼ + stars: | 2024-11-12 | by ( James Faris | ) www.businessinsider.com time to read: +7 min

AdvertisementUS stocks have been on a tear since Trump's win. "Let me tell you something: If Trump enacted 50% of what he's saying, you'll have a stock market crash, the likes that you haven't seen since the 1920s," Scaramucci said. You'll crush the economy; you'll crush our tax revenues; you'll flip upside down the job market," Scaramucci said. "They will not be ready for that, and so the stock market will have gotten wrong the current movement." "My guess is that the stock market aficionados, the stock market experts, are probably right," Scaramucci said.

Persons: SkyBridge Capital's Anthony Scaramucci, Trump, there's, Scaramucci, —, Anthony Scaramucci, it's, Bitcoin, Donald Trump's, didn't, David Bahnsen, he's, — Elon Musk, Elon, Tom Orlik, David Kelly, , Susie Wiles Organizations: Service, House, SkyBridge, Business, Nasdaq, Russell, Trump, Bloomberg Economics, JPMorgan Asset Management, Republican

☆ The best street-style outfits Taylor Swift has ever worn
▼ + stars: | 2024-11-12 | by ( Amanda Krause | ) www.businessinsider.com time to read: +1 min

Outside of music, Taylor Swift is widely known for her sparkling red-carpet outfits and stage looks. But she also has a strong street style, as seen during her New York City strolls over the years. Go to newsletter preferences Thanks for signing up! But there's also the matter of her concert outfits, red-carpet looks, and standout street style. Related Video 10 functional clothes and accessories for holiday giftingHere are the best ensembles she's worn while out and about over the years.

Persons: Taylor Swift, Swift, —, there's, Vivienne Westwood, Louboutin Organizations: New, Service Locations: New York City

☆ Apple's latest coffee table book is aimed at music lovers and costs $450
▼ + stars: | 2024-11-12 | by ( Jordan Hart | ) www.businessinsider.com time to read: +3 min

Apple Music has released a $450 coffee table book of its top 100 albums list. AdvertisementApple has turned its top 100 albums list into a coffee table book, and it's selling a limited batch for $450 each. When Apple Music released its ranking of the best albums of all time in May, it sparked debate among music fans. According to the site, the estimated shipping date for the new Apple Music book is January. This department includes subscription-based services like Apple Music, and its sales have boomed in recent quarters.

Persons: Apple, Assouline, —, Zane Lowe, Lowe, Roger Federer, Barbie, Jony Organizations: Apple, Service, Apple Music, Assouline, Business, eBay, Apple's Services Locations: New York, California

☆ 'Hot Frosty' is the latest film in Netflix's Christmas Cinematic Universe. Here's how it connects to 'Falling For Christmas' and other movies.
▼ + stars: | 2024-11-12 | by ( Ayomikun Adekaiyero | ) www.businessinsider.com time to read: +5 min

Here's what to know about the universe and where "Hot Frosty" fits in. AdvertisementThe Netflix Christmas Cinematic Universe is expanding again with the streamer's new movie "Hot Frosty." Netflix's latest Christmas offering, "Hot Frosty," follows a woman (Lacey Chabert) who accidentally turns a snowman into a real man (Dustin Milligan) with the power of a magical Christmas scarf. In "Falling for Christmas" and some of the other Netflix Christmas movies, characters see "Christmas Prince" movies on their TV screens. For this to make sense, "Hot Frosty" and the "Christmas Prince" franchise would have to exist in a separate parallel world to "Falling for Christmas" within the Netflix Christmas universe.

Persons: Lindsay Lohan, Jennifer Coolidge, —, Lacey Chabert, Dustin Milligan, Lindsay Lohan's, Rachel McAdams, Chabert, Gretchen Wieners, Lohan, Cady Heron, Bobby Helms, Kathy, Gretchen, Cady, Jack, Sierra, Aunt Sandy, Jennifer Coolidge's, Aunty Sandy, Dottie, Katy Mixon Organizations: Service, Netflix, Marvel, Star Wars, Paramount, Sierra

☆ My best friend and I gave our daughters the same name. We hoped it would strengthen their bond.
▼ + stars: | 2024-11-12 | by ( Dana Dubois | ) www.businessinsider.com time to read: +4 min

My best friend and I both named our daughters Annika. AdvertisementI met my best friend back in 2005 when I ran a Seattle-based indie music website, and she played in my favorite band. A shared bond on the other side of the worldIt's hard to live 6,000 miles away from one of your best friends. AdvertisementBut Saundrah's daughter is tall, has an incredible sense of direction, and wakes up at 5:30 a.m. every day to get homework done. Saundrah's daughter is an extrovert, and mine is an introvert.

Persons: Annika, —, Saundrah, Leo, we'd, Nika, Nico Organizations: Service Locations: Seattle, Europe

☆ Here's how much more laptops, TVs, and smartphones could cost under Trump's proposed tariffs, consumer group says
▼ + stars: | 2024-11-12 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +5 min

Americans' favorite tech gadgets could surge in price under Donald Trump's proposed tariffs, per a new report. An October report on consumer technology found laptops, smartphones, and TVs would surge in price. Under Trump's tariffs, the average price of laptops and tablets could skyrocket 45%, jumping an additional $200-$350 from their current prices, the CTA report found. AdvertisementUnder Trump's tariffs, video game consoles, meanwhile, could cost nearly $250 more than they currently do, and monitors could increase by more than $100, the report found. Televisions will see a 9% increase in consumer price, costing an additional $48 on average, according to the CTA report.

Persons: Donald Trump's, —, Trump, Gary Shapiro, International Trade Ed Brzytwa Organizations: Service, Consumer Technology, EVs, Cato Institute, CTA, Reuters, Consumer Technology Association, World, Census Bureau, Global, International Trade Locations: China

☆ New French Mirage fighter jets could help Ukraine skirt one of the biggest roadblocks for the F-16 program
▼ + stars: | 2024-11-12 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +7 min

France also said it was training Ukrainian pilots. That's a big benefit, experts said, as the F-16 training program keeps being delayed. AdvertisementFrance's plan for getting Ukraine new Western fighter jets could help it skirt a big issue facing the F-16 program. Ukrainian President Volodymyr Zelenskyy stands against the background of Ukraine's Air Force's F-16 fighter jets in an undisclosed location in Ukraine. The Ukrainian Air Force's F-16 fighter jets fly in an undisclosed location in Ukraine.

Persons: —, Sébastien Lecornu, Gordon, Skip, Davis, Lockheed Martin, Volodymyr Zelenskyy, it's, Michael Bohnert, George Barros, Barros, Lecornu, Tim Robinson, Bohnert, Denmark — that's, Abrams, Robinson Organizations: Service, Ukraine, Ukraine Mirage, US Army, Lockheed, Politico, Street, AP, Pravda, RAND Corporation, Mirage, Institute for, Dassault Aviation, La Tribune, Ukrine's, Ukrainian, UK's Royal Aeronautical Society Locations: Ukraine, France, Ukrainian, Western, Russia, Nancy, US, Denmark, Romania, Soviet, Norway, Belgium, Netherlands

☆ How Trump could exploit a looming global struggle for rare-earth minerals
▼ + stars: | 2024-11-12 | by ( Tom Porter | ) www.businessinsider.com time to read: +7 min

The power grab over rare-earth minerals in Central Asia could be among the issues he will seek to exploit. AdvertisementA power struggle over rare-earth mineralsAt stake for the US in Central Asia is not just political power but access to the region's reserves of rare-earth minerals such as uranium, lithium, and tantalum. Rare-earth minerals are needed to make all sorts of products, from F-35 stealth fighters and smartphones to internet fiber-optic cables and MRI machines. It produces around 60% of the world's rare-earth minerals and processes nearly 90%, according to the Center for Strategic and International Studies. "There are rare-earth minerals worth exploring/exploiting, and if the US/EU could strike a major deal with [Kazakhstan's capital] Astana, this would certainly contribute to breaking China's monopoly," said Wolff.

Persons: Donald Trump, —, Vladimir Putin, Xi Jinping, Xi, Putin, he'd, Wilder Alejandro Sánchez, ALEXANDER RYUMIN, Emmanuel Macron, Olaf Scholz, John Herbst, Stefan Wolff, Wolff, Herbst, Trump Organizations: Service, Putin, The Republican, Biden, Getty Images, Center for Strategic, International Studies, University of Birmingham, BI, Trump, EU, Astana, Central Asia Summit, Getty Images Central, Central, China Locations: Russia, China, Central Asia, Mongolia, Saudi, Getty Images China, Kazakhstan, Uzbekistan, Xian, Shaanxi, FLORENCE, Ukraine, Soviet Union, Washington, Moscow, Beijing

☆ Trump's win is already scrambling supply chains
▼ + stars: | 2024-11-12 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +5 min

Donald Trump's election victory last week is already having an effect on global supply chains. While many firms are waiting to see what Trump's trade policies will be, some are moving ahead. From medical supplies to consumer products, several companies are getting an early start to changing their supply chains. Several companies, however, aren't waiting to make changes to their supply chains. Fortune Brands, which owns a portfolio of home products brands like Moen plumbing fixtures and Yale locks, has been rethinking its supply chain since Trump's tariffs in 2017.

Persons: Donald Trump's, —, Donald Trump, they've, Trump, TD Cowen, Oliver Chen, Matt Meeker, Michael Alkire, We've, Nick Fink, Clarus, Neil Fiske, Robert Scaringe, Schneider, Jim Filter Organizations: Service, Republican, Inc, Fortune Brands, Moen, Yale, Diamond Locations: China, Americas, Southeast Asia, Vietnam

☆ Nearly 216,000 job seekers had their personal data left unsecured on a tech recruiter's database, a security researcher says
▼ + stars: | 2024-11-12 | by ( Lloyd Lee | Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +5 min

It's unclear if any unauthorized parties accessed the exposed data. AdvertisementFowler on Monday published his security report indicating that Alltech left its database of job candidate information unsecured without a password. That left the personal identifying information of about 216,000 tech job candidates exposed. It's unclear why Alltech collected job seekers' Social Security or passport information. Fowler said job candidates should be "skeptical" of recruiters who ask for personal information as a condition of applying for a job.

Persons: —, Jeremiah Fowler, Fowler, Alltech, hasn't, Justin Miller, Miller Organizations: Service, Security, Alltech Consulting, Business, LinkedIn, Secret Service, University of Tulsa, Social, lloydlee Locations: New Jersey

Olivia Nuzzi has withdrawn her protective order request against her ex-fiancé Ryan Lizza. AdvertisementOlivia Nuzzi, the former New York magazine political correspondent who made headlines earlier this year for having a personal relationship with Robert F. Kennedy Jr., has withdrawn her request for a protective order against her ex-fiancé, fellow journalist Ryan Lizza. In an October petition for a civil protection order, Nuzzi accused Lizza, a Politico reporter, of hacking her devices and stealing information to blackmail her. Related Video Jury finds Trump sexually abused and defamed E. Jean CarrollAn attorney for Nuzzi confirmed to Business Insider that she withdrew the protective order request. Following a third-party investigation into Nuzzi's work, New York magazine said the probe found no inaccuracies or evidence of bias in her reporting.

Persons: Olivia Nuzzi, fiancé Ryan Lizza, Nuzzi, Lizza, —, Robert F, Kennedy Jr, Ryan Lizza, Trump, Jean Carroll, Ari Wilkenfeld, Olivia, I'm, Oliver Darcy, Kennedy Organizations: RFK, Service, New, Politico, Business, BI, New York Magazine Locations: New York

☆ Lina Khan likely to be fired as FTC Chair under a Trump presidency
▼ + stars: | 2024-11-12 | by ( Allison Morrow | ) edition.cnn.com time to read: +5 min

Representatives for Trump’s transition team and the FTC didn’t respond to requests for comment. Wall Street, which has been on a tear since Trump’s decisive victory last week, appears to be ready to turn the page on the Khan era. Similarly, the FTC has gone after Big Tech, Big Pharma and even Big Mattress in the name of keeping competition robust. To them, Khan and her DOJ partner in trustbusting, Jonathan Kanter, represent a threat to the bottom line. Since last week’s election, both Kroger and Albertsons shares have risen sharply as investors anticipate the deal would face little resistance under Trump’s FTC.

Persons: CNN Business ’, New York CNN — Lina Khan’s, Donald Trump, Khan, she’s, Lina Khan, Jennifer Rie, kowtow, Jonathan Kanter, Elon Musk, Trump, ” Barry Diller, “, ‘, Republican “ Khanservative, JD Vance, Gail Slater, Vance, ”, David Kostin, Goldman Sachs, Kostin, Donald Trump’s, Brian Gardner, ” Gardner, Susie Wiles Organizations: CNN Business, New York CNN, Federal Trade Commission, FTC, Republican, Bloomberg Intelligence, CNN, Justice, Albertsons, Big Tech, Big Pharma, IAC, Democratic, Bloomberg, Kroger, Trump’s FTC, Goldman Sachs ’, White, Trump, Federal Reserve Locations: New York, it’s, trustbusting, Washington

☆ Home Depot says shoplifting challenges aren't getting any easier
▼ + stars: | 2024-11-12 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +3 min

Home Depot said retail theft continues to be a challenge. However, the executive said investments to combat shoplifting and organized theft "are paying off." AdvertisementShoplifting and organized retail crime was a dominant story in retail last year. Home Depot has been both a prominent target and opponent of organized retail theft in recent years. AdvertisementLast year, a Florida pastor was charged with running a retail crime ring responsible for stealing $3 million worth of goods from the chain.

Persons: Richard McPhail, —, McPhail, Scott Glenn, Glenn, Dominick Organizations: Service, Home Depot, Watch, Home, Prosecutors, Depot, Business Locations: Florida

☆ China just showed off its answer to America's F-35 stealth fighter — the new J-35A
▼ + stars: | 2024-11-12 | by ( Chris Panella | ) www.businessinsider.com time to read: +6 min

China showed off its new stealth aircraft, including the fifth-gen J-35A. AdvertisementChina just debuted its newest fifth-generation stealth aircraft, which appears to be its answer to the American F-35. Related storiesFor stealth fighters, the US has the F-22 Raptor and F-35, and the latter is used by allies around the world. Among stealth aircraft, there are also stealth bombers like the American B-2 Spirit and B-21 Raider and a number of stealth drones. Stealth aircraft have features to reduce or obscure their signature on radars, making them difficult to detect.

Persons: —, Lockheed Martin, Wang Yongqing, Wang, Maj, Gina Sabric, Roger Wicker, Eric Schmitt Organizations: Service, China International Aviation, Aerospace, People's Liberation Army News Communication, Shenyang Aircraft Design, Aviation Industry Corporation of China's Shenyang Aircraft Corporation, Pentagon, Air Force, Air and Space Forces Association's Air, Cyber Conference, 10th Air Force, Getty, US, US Air Force, Stealth, Taiwan Locations: China, Zhuhai, Russia, Pacific, Taiwan

☆ I've spent a day eating like every living US president. The best diets have surprised me.
▼ + stars: | 2024-11-12 | by ( Bennett Rea | ) www.businessinsider.com time to read: +2 min

I recreated over 150 recipes from politicians before I started spending a day eating just like them. George W. Bush had my favorite daily eating habits, while Donald Trump had my least favorite. Go to newsletter preferences Thanks for signing up! Eventually, I discovered the daily diets of every living president: Joe Biden, Donald Trump, Barack Obama, George W. Bush, Bill Clinton, and Jimmy Carter. Here's my highly subjective ranking of the daily eating habits of our living US presidents, from worst to best.

Persons: George W, Bush, Donald Trump, —, Mitch McConnell's flavorless Hoppin, John, Mark Warner's, Joe Biden, Barack Obama, Bill Clinton, Jimmy Carter, Trump, Biden Organizations: Service, Congress Locations: America

☆ My mother-in-law and I went on our first trip together. We needed it more than we realized.
▼ + stars: | 2024-11-12 | by ( Terri Peters | ) www.businessinsider.com time to read: +6 min

We had a great time on our trip together, and both of us needed it more than we realized. Courtesy of Terri PetersMy mother-in-law and I have different interests: I love reading and Taylor Swift, and she loves watching British detective shows, for example. We had great conversations and made lasting memoriesThe author and her mother-in-law enjoyed their time in Silver Dollar City. Courtesy of Terri PetersMy mother-in-law lost her husband in March 2022, and in March 2023, one of her three adult sons also died. I didn't realize I needed a getaway with just my mother-in-law, either.

Persons: —, I've, I'm, we've, Joe Cafe, Terri Peters, Taylor Swift, Branson, she's, — she's Organizations: Service, Silver Dollar Locations: Branson , Missouri, Branson, Branson .

☆ Trump's policies could usher in stagflation and send stock prices plummeting, 'Dr. Doom' economist says
▼ + stars: | 2024-11-12 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +5 min

Such a scenario would entail higher inflation, higher rates, and falling stock prices, Roubini predicted. "That's going to crowd economic growth, and bond yields above 5% would imply a correction of stock prices and negative impacts on the economy." AdvertisementOther experts have warned some of Trump's policies could lead to higher inflation and interest rates, with his tariff plan attracting significant criticism from economists. Some of Trump's policies — like his plans to loosen regulation — could prop up business activity and fuel growth, Roubini noted. "I think markets are still in a wait-and-see to figure out whether the policies are going to be hurting the economy," Roubini said.

Persons: Nouriel Roubini, Roubini, —, Donald Trump's, Doom, prognostications, Trump, Trump's, Taylor Rogers, hin, Stocks Organizations: Service, Bloomberg, stoke, Republican National Committee, Trump, Fed, Bank of America, Dow Jones Industrial Locations: China

☆ Dwayne Johnson once fired his agents because they didn't agree he could be bigger than Will Smith and George Clooney. Now his movies have made more money than both.
▼ + stars: | 2024-11-12 | by ( Ayomikun Adekaiyero | ) www.businessinsider.com time to read: +3 min

Dwayne Johnson's goal was once to be a bigger star than George Clooney and Will Smith. GQ reported Johnson fired agents who didn't agree with his ambition. AdvertisementDwayne Johnson said he used to hope he would be a bigger star than George Clooney or Will Smith. From 2012 to 2020, Johnson appeared on Forbes' highest-paid actor list, and above Smith and Clooney in 2016, 2019, and 2020. "You reach a point in life where on the other side of running, it's the stuff you love," Johnson said.

Persons: Dwayne Johnson's, George Clooney, Will Smith, Johnson, —, Dwayne Johnson, Zach Baron, Clooney, Smith, Gabe Ginsberg, I'm Organizations: GQ, Service, IMDB Pro, Forbes Locations: Canada

☆ Saudi Arabia parts ways with the CEO of Neom, its new desert megacity
▼ + stars: | 2024-11-12 | by ( Pete Syme | ) www.businessinsider.com time to read: +3 min

The CEO of Neom, Nadhmi al-Nasr, has stepped down from the role after six years. Saudi Arabia's ambitious megacity scaled back targets earlier this year. AdvertisementThe CEO of Saudi Arabia's ambitious Neom project has abruptly stepped down after six years in the role. It's a key part of Saudi Arabia's Vision 2030 project that aims to diversify the kingdom's economy away from oil by launching new industries and attracting more tourists. Neom has also faced staffing challenges, with reports earlier this year that two executives were involved in a physical confrontation.

Persons: Nadhmi al, Nasr, Neom, —, Nadhmi, Aiman, Malcolm Aw, Abdul Rahim al, Antoni Vives Organizations: Service, Saudi, Street Journal, Public Investment Fund, Journal, Neom Locations: Saudi, Saudi Arabia

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