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☆ China is looking all over the world for help building and flying its fighter jets
▼ + stars: | 2023-06-25 | by ( Michael Peck | ) www.businessinsider.com time to read: +6 min

A British Royal Air Force Eurofighter Typhoon fighter jet at RAF Coningsby in May. Daniel Duggan, a former US Marine Corps pilot, has been accused of violating the Arms Export Control Act by training Chinese military pilots. "Currently, Chinese jet engines can at best achieve one-fourth the life span of Western engines," the report says. To manufacture engines, China still needs to import complex machine tools, including equipment made in Germany, Japan, Italy, and South Korea. A J-20 stealth fighter jet at Airshow China 2022 in Zhuhai in November.

Persons: —, Der Spiegel, Christopher Furlong, Daniel Duggan, Duggan, Chen Jimin, Deng Hua, John Paul Jones, walling, Michael Peck Organizations: Service, Privacy, China, NATO, Taiwan, British Royal Air Force Eurofighter, Coningsby, US, Chinese headhunters, US Marine Corps, Western, China News Service, Getty, Center for Strategic, International Studies, CSIS, Nations, Soviets, Defense, Foreign Policy, Twitter, LinkedIn Locations: China, May, Australian, Zhuhai, US, Germany, Japan, Italy, South Korea, Xinhua, Constantinople, Byzantine Empire, Hungarian, Russia, Russian, Nazi, Forbes

☆ Could You Be Dressing Sexier? A Guide For Men
▼ + stars: | 2023-06-24 | by ( Jamie Waters | ) www.wsj.com time to read: 1 min

Do men want to look sexy? I think so, yes,” said Fredric Cibelli, a principal at a big New York consulting firm. Derek Vick’s spin on sexy skews more “Butch Cassidy” machismo. Chunky-heel cowboy boots, which bump his height from 5-foot-10 to about 6-foot, complete the look. “When I go out, I want to turn heads,” he said.

Persons: ”, Fredric Cibelli, baring, Channing Tatum, Mike, ” Rather, Derek Vick’s, Butch Cassidy ” machismo Locations: New York, Hattiesburg, Miss, Wranglers

☆ Elon vs Zuck: My money's on Zuck to win for 3 simple reasons
▼ + stars: | 2023-06-23 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +6 min

As a trained jiu-jitsu and MMA practitioner, Mark Zuckerberg has skills that Elon Musk does not. I am, of course, talking about the probable scene and setting for the most talked-about fight right now: Musk vs Zuck. Zuck has skillsMark Zuckerberg training MMA. Mark Zuckerberg on Instagram and GettyWhen push comes to shove, most people probably know how to throw a punch in a fight. When all things are equal, size and strength do count, which is why professional fighters organize themselves into weight classes.

Persons: Elon, Mark Zuckerberg, Zuck, Joe Rogan, Logan Paul, Elon Musk, Grimes, I've, Musk, Zuckerberg, Bill Gates, Jeff Bezos, Lex Fridman, Fridman, aren't, let's Organizations: Zuck, Morning, Mobile, Twitter, Getty, Zuckerberg, UFC Locations: Las Vegas

☆ Red Bull can win everything but the gap may be closing
▼ + stars: | 2023-06-19 | by ( Alan Baldwin | ) www.reuters.com time to read: +3 min

June 19 (Reuters) - Red Bull boss Christian Horner recognised after Sunday's landmark Canadian Grand Prix that his runaway Formula One leaders could win every race this season. "On this venue yes, the gap is shorter... it's inevitable that they are closing, we'd be surprised if that wouldn't be the case," said Horner. If there is an Achilles' Heel in Red Bull's dominance, it is the current dependence on Verstappen for the top step of the podium. Should Verstappen suffer a setback, mechanical or otherwise, the chances of the second Red Bull coming through for the win are looking a lot less certain and rivals are sensing opportunities. Verstappen's last race retirement was in Australia in April 2022 and the last time he was beaten by someone not in a Red Bull was last November, when Mercedes's George Russell won in Brazil.

Persons: Red Bull, Christian Horner, Abu, Horner, Max Verstappen, Ayrton Senna's, McLaren, Alain Prost, Senna, Mercedes, Verstappen, Montreal's Circuit Gilles Villeneuve, Aston Martin's Fernando Alonso, Lewis Hamilton, we'd, Alonso, Aston Martin, Hamilton, Max, Sergio Perez, Perez, Red, Verstappen's, Bull, Mercedes's George Russell, Alan Baldwin, Clare Fallon Organizations: Prix, Sky Sports, Montreal's Circuit, Alonso in, Ferrari, Red Bull, Thomson Locations: Abu Dhabi, Australia, Spain, Alonso in Monaco, Montreal, Brazil, London

☆ The Gear You Need to Hit the Trail
▼ + stars: | 2023-06-19 | by ( Stephanie Pearson | ) www.nytimes.com time to read: +2 min

City WalkShoesHard surfaces require a supportive, comfortable shoe with some grip, but not a heavy, chunky tread. It also has a lightweight, yet tough rubber outsole with a minimalist tread and 100 percent recycled liners and mesh uppers. Fitness TrackerApple’s Series 8 watch (from $399) handles the rigors of travel well with its crack-, water- and dust-resistant body. PackIn a city it’s nice to have a small, secure, body-hugging pack. Its full hood protects your head from a downpour and two roomy zip pockets stash keys, cash and credit cards.

Locations: MIR

"Wagner will not sign any contracts with Shoigu," Prigozhin said in response to a request for comment on the matter. The defence ministry did not respond to a Reuters request for comment. The defence ministry said that in the interests of increasing the effectiveness of "volunteer detachments", all such units - or their men - would have to sign a contract with the defence ministry by July 1. It did not mention Wagner by name but it routinely refers to Wagner as "volunteer assault detachments". "These measures will increase the combat capabilities and effectiveness of the armed forces and their volunteer detachments," Deputy Defence Minister Nikolai Pankov said.

Persons: Prigozhin, Wagner, Shoigu, Sergei Shoigu, Yevgeny Prigozhin, Vladimir Putin's, Staff Valery Gerasimov, WAGNER Prigozhin, Sergei Surovikin, Nikolai Pankov, Guy Faulconbridge, Jason Neely Organizations: MOSCOW, Defence, Staff, Shoigu, Thomson Locations: Ukraine, May, Ukrainian, Bakhmut, United States, Africa, Washington, Russia, Russian

☆ Pete Davidson shows up to ‘Transformers’ premiere in a tracksuit
▼ + stars: | 2023-06-09 | by ( Leah Dolan | ) edition.cnn.com time to read: +3 min

CNN —On Monday, Pete Davidson attended at the New York premiere of “Transformers: Rise of the Beasts” — the franchise’s seventh movie, and the first starring the former “Saturday Night Live” regular. His ensemble for the red carpet? Davidson has adopted an increasingly casual approach to red carpet dressing. Davidson has recently been taking a more casual approach to red carpet dressing. And like Sandler, who is frequently pictured in casualwear alongside decidedly better-dressed female co-stars, Davidson has raised colleagues’ eyebrows on the red carpet.

Persons: Pete Davidson, Davidson, Kim Kardashian, Adam Sandler, Harry Styles, Lizzo, Britney Spears, Sandler, “, ” Davidson, Sandler’s, Jamie McCarthy, ”, “ I’m, Pete Organizations: CNN, New York, Vogue, Cannes Locations: Los Angeles, casualwear

☆ Female flight attendants will no longer have to wear high heels and male crew can wear makeup after an airline updated its rules
▼ + stars: | 2023-06-09 | by ( Ryan Hogg | ) www.businessinsider.com time to read: +3 min

Qantas Airways updated its uniform policy allowing female staff to abandon high heels. The new rules allows anyone to wear makeup, but tattoos still need to be concealed. Another airline has given its presentation rules a makeover, letting female flight attendants abandon high heels and allowing anyone to wear makeup. Anyone can wear makeup if they choose to, and have hair in a ponytail or bun. In March, Spanish airline Vueling was reportedly fined 30,000 euros (about $32,000) for enforcing a strict high heel and makeup policy in its female cabin crew.

Persons: sideburns, Alan Joyce, Imogen Sturni, Vueling, Virgin Atlantic Organizations: Qantas Airways, Qantas, Australian Services Union, BBC, Jetstar, Virgin Locations: Spanish

☆ Dollar adrift as traders assess Fed options; Aussie buoyant
▼ + stars: | 2023-06-07 | by ( Rae Wee | ) www.reuters.com time to read: +3 min

In the broader currency market, the U.S. dollar dipped in early Asia trade, as traders pared back their expectations of a rate hike at next week's FOMC meeting. Against the greenback, sterling rose 0.08% to $1.2432, while the kiwi gained 0.08% to $0.6084. "We don't think the FOMC will hike next week ... but risks again are skewed to the upside," said Kong. The U.S. dollar index slipped 0.03% to 104.05, while the euro rose 0.07% to $1.0698. CRYPTO SHAKEOUTIn the cryptoverse, bitcoin , the world's biggest cryptocurrency, was last marginally higher at $27,273, after jumping nearly 6% on Tuesday.

Persons: Philip Lowe, Carol Kong, Lowe, CRYPTO, Coinbase, Binance, Changpeng Zhao, Tony Sycamore, Rae Wee, Shri Navaratnam Organizations: Federal Reserve, Australian, Reserve Bank of Australia's, Commonwealth Bank of Australia, U.S, Fed, The U.S, European Central Bank, U.S . Securities, Exchange Commission, SEC, IG Markets, Thomson Locations: SINGAPORE, Asia, U.S, The, Turkish

☆ Greece’s reform labours are only half complete
▼ + stars: | 2023-06-05 | by ( Hugo Dixon | ) www.reuters.com time to read: +6 min

Greece’s large current account deficit and domestic corruption undermine its attraction as an investment destination. The issue, rather, is whether Greece will be able to attract investment in the quantities needed for it to fulfil its potential. What’s more, investment is still only 14% of national income, even though this measure expanded during Mitsotakis’ first term as prime minister. Well-designed tax and benefit reforms could even reduce the country’s unemployment rate, which is currently 12%, thereby increasing its productive potential. All this would provide a buffer if Greece or the world economy is hit by further shocks in coming years.

Persons: Hercules, Mitsotakis, Bruegel, Peter Thal Larsen, Oliver Taslic Organizations: Reuters, Union, International Monetary Fund, Bank of, Reuters Graphics Reuters, Twitter, Thomson Locations: ATHENS, Greece, Mitsotakis ’, Bank of Greece, Mitsotakis

The Securities and Exchange Commission has accused Binance, the world’s largest cryptocurrency exchange, of mishandling customer funds as well as lying to regulators and investors about its operations in a sweeping case filed in federal court on Monday. The Wall Street regulator said Binance had been mixing billions of dollars in customer funds and secretly sending them to a separate company called Merit Peak Limited, which is controlled by Binance’s founder, Changpeng Zhao. The charges included misleading investors about the adequacy of its systems to detect and control manipulative trading and about its efforts to restrict U.S. investors from trading on its unregulated platform. In its court filing, the S.E.C. cited a 2018 email from Binance’s chief compliance officer saying “we do not want [Binance.com] to be regulated ever.”

Persons: Binance, Changpeng Zhao, Zhao “, ” Organizations: Securities, Exchange, Binance’s, Regulators, Court Locations: Washington

☆ The House just passed McCarthy and Biden's debt-ceiling deal, bringing the US one step closer to avoiding a default in a matter of days
▼ + stars: | 2023-06-01 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +4 min

The House voted to pass Biden and McCarthy's bill to raise the debt ceiling by a vote of 314-117. On Wednesday night, the House passed President Joe Biden and Speaker of the House Kevin McCarthy's bill — the Fiscal Responsibility Act — to suspend the debt ceiling through January 1, 2025 by a vote of 314-117. For months, Biden and McCarthy had been at odds over the best approach to address the debt-ceiling crisis. "President Biden and Speaker McCarthy's agreement will protect the economy and eliminate the threat of a catastrophic default. McConnell also wrote that McCarthy "and House Republicans secured a crucial first step toward bringing Washington Democrats' reckless spending to heel.

Persons: Biden, —, Joe Biden, Kevin McCarthy's, McCarthy, Massachusetts Sen, Elizabeth Warren, Mitch McConnell, Chuck Schumer, Schumer, McConnell Organizations: Senate, Service, Congressional, Office, SNAP, Social Security, Medicare, Democratic, Twitter, House Republicans, Washington Democrats, Senators Locations: Massachusetts

☆ Bernie Sanders vows to vote against Biden and McCarthy's 'totally unnecessary' debt-ceiling deal, saying that the best thing about the bill is 'it could have been much worse'
▼ + stars: | 2023-05-31 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +4 min

Sen. Bernie Sanders said on Wednesday he will vote against the debt-ceiling bill. He said he cannot support legislation that harms student-loan borrowers and restricts nutritional benefits. "The best thing to be said about the current deal on the debt ceiling is that it could have been much worse," Sanders said in the statement. "President Biden and Speaker McCarthy's agreement will protect the economy and eliminate the threat of a catastrophic default. McConnell also wrote that McCarthy "and House Republicans secured a crucial first step toward bringing Washington Democrats' reckless spending to heel.

Persons: Sen, Bernie Sanders, —, Vermont Sen, Kevin McCarthy, Joe Biden's, McCarthy, Biden, Sanders, Chuck Schumer, Mitch McConnell, Schumer, McConnell Organizations: Service, Vermont, Congressional, Office, SNAP, Twitter, House Republicans, Washington Democrats

☆ Monfils ranks five-set comeback win at French Open as one of his best
▼ + stars: | 2023-05-31 | by ( ) www.reuters.com time to read: +2 min

[1/3] Tennis - French Open - Roland Garros, Paris, France - May 30, 2023 France's Gael Monfils reacts during his first round match against Argentina's Sebastian Baez REUTERS/Lisi NiesnerMay 31 (Reuters) - An exhausted Gael Monfils said his epic five-set comeback victory over Sebastian Baez at the French Open on Tuesday was one of the greatest matches of his career. Monfils, who reached a career-high sixth in the world in 2016, last appeared at a Grand Slam in the 2022 Australian Open quarter-finals before missing much of last season due to heel surgery. "It's definitely in like top two (matches in my career)," Monfils said at his press conference after the match ended after midnight. I'm older and (had) even less chances to win this match today. "I'm playing full adrenaline, like honestly I asked the crowd to scream and somehow I juice up," he added.

Persons: Roland Garros, Monfils, Argentina's Sebastian Baez, Lisi Niesner, Gael Monfils, Sebastian Baez, Frenchman, Philippe Chatrier, It's, Holger Rune, Rohith Nair, Peter Rutherford Organizations: Thomson Locations: Paris, France, Lyon, Bengaluru

☆ Dollar Tree shares plunge after company misses on earnings, slashes full-year profit outlook
▼ + stars: | 2023-05-25 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +4 min

Shares of Dollar Tree plunged more than 16% in intraday trading Thursday after the company fell short of Wall Street's earnings expectations for the most recent quarter and slashed its profit outlook for the full year. On an adjusted basis, the company reported earnings of $1.47 per share, falling below Wall Street projections. Dollar Tree, which runs its namesake banner and Family Dollar, has been in the midst of a turnaround after shuffling up its executive leadership and raising prices. While other value-oriented retailers, such as TJ Maxx , have seen promising results this retail earnings season, Dollar Tree has fallen short. Even with the companies low prices, Dollar Tree shoppers have been focusing their spending on essential items, which carry lower margins, over discretionary purchases.

☆ Inflation has eroded U.S. households' financial security, Fed survey shows
▼ + stars: | 2023-05-22 | by ( ) www.reuters.com time to read: +2 min

The Fed launched the "Survey of Household Economics and Decisionmaking" in 2013. Fed officials have raised interest rates aggressively in response and have repeatedly expressed their determination to bring inflation to heel by whatever means necessary. Indeed, overall one-third of households cited inflation as their main financial challenge, up more than fourfold from 2016. Sixty-three percent said they would use cash for such a cost, down from a record high 68% in 2021. Meanwhile, the survey's measures of household incomes and respondents' sense of the job market showed more adults last year received or asked for a pay increase or promotion.

☆ China-Taiwan tensions could grip 2024 election as top business leaders sound alarms
▼ + stars: | 2023-05-19 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +12 min

China's policy regarding Taiwan, the world's leader in the semiconductor industry, could end up making it an even bigger focus. The cross-strait strife has already provoked commentary from some top contenders in the Republican presidential primary race who have stressed the need to deter a possible Chinese invasion invasion of the island. But I think ultimately what I think China respects is strength," DeSantis said. 'Like trying to separate conjoined twins'But the political will to defend Taiwan in a Chinese invasion may clash with economic forces. Some CEOs of America's biggest banks have said they would pull their business from China if directed to do so following an invasion of Taiwan.

☆ Transition your wardrobe from college to work in 3 easy steps: 'Build a uniform for yourself'
▼ + stars: | 2023-05-18 | by ( Morgan Smith | ) www.cnbc.com time to read: +5 min

Is there an unspoken dress code for working from home? It's also important to understand what different corporate dress codes, which can range from "casual" to "formal," mean, she adds. Zoom In Icon Arrows pointing outwards You only need a few basic pieces to build your professional wardrobe, including low-top sneakers and a comfortable pair of slacks. When in doubt, go back to blackStart with a neutral palette, which works for any season or professional dress code. "Unfortunately, how we dress at work can be very political," says Tan, who identifies as non-binary.

☆ Australia wage growth hits decade-high, quarterly gains miss forecasts
▼ + stars: | 2023-05-17 | by ( ) www.reuters.com time to read: +2 min

Figures from the Australian Bureau of Statistics on Wednesday showed its wage price index rose 0.8% in the March quarter from the previous quarter, just under forecasts of a 0.9% increase. Annual pay growth, however, accelerated to 3.7%, from a revised 3.4% the previous quarter, compared with forecasts of 3.6%. The central bank has flagged more rate rises might be required, saying a rise in productivity growth, which has slumped to the lowest since the 1970s, would be needed to ensure wage growth remains consistent with inflation target. Annual wage growth is expected to peak at 4.0% at the end of this year before easing back to 3.7% by mid-2025. The ABS data showed wages in the public sector picked up to an annual rise of 3.0% while growth in private sector wages increased 3.8%.

☆ Australian consumer mood bleak in May after surprise rate hike, budget
▼ + stars: | 2023-05-16 | by ( ) www.reuters.com time to read: +2 min

SYDNEY, May 16 (Reuters) - A measure of Australian consumer sentiment fell in May after a surprise hike in interest rates by the Reserve Bank of Australia (RBA) and a "mildly disappointing" federal budget clouded the outlook for family finances and the economy. But Evans expects the RBA to leave rates on hold in June as it awaits more data on inflation and the economy. Some consumers may have had "unrealistic expectations" going into the budget with many expecting more support, Evans said. Higher living costs meant consumers were holding off on buying a major household item, with the index dipping 0.4%. Reporting by Renju Jose in Sydney; Editing by Shri NavaratnamOur Standards: The Thomson Reuters Trust Principles.

☆ Australia's c.bank hiked in May due to inflation risks, more raises may be required
▼ + stars: | 2023-05-16 | by ( ) www.reuters.com time to read: +2 min

SYDNEY, May 16(Reuters) - Australia's central bank decided to hike at its May meeting due to inflation risks from weak productivity growth, persistently high services inflation and faster-than-forecast rental increases, saying more rate rises may be required. Minutes of the Reserve Bank of Australia's May 2 policy meeting released on Tuesday said board members also considered a pause, but that the inflation risks warranted a 25 basis point increase, after holding rates steady in April. "Members also agreed that further increases in interest rates may still be required, but that this would depend on how the economy and inflation evolve." Inflation is not expected to decline to the top of the Bank's 2-3% target range until mid-2025, leaving little room for upside risks, the May minutes said. Governor Philip Lowe has warned that the central bank cannot take too long to being inflation to heel.

☆ DeSantis pledges he would 'clean house' at the FBI as president in response to Durham report
▼ + stars: | 2023-05-16 | by ( Kimberly Leonard | ) www.businessinsider.com time to read: +3 min

Special counsel John Durham slammed the FBI over its Trump-Russia investigation in a new report. DeSantis said the report showed "I was right," because he'd defended Trump as a US congressman. "What I would do is clean house top to bottom in these agencies," he said of the FBI and others. The report was published Monday and overseen by Special Counsel John Durham — who was appointed by former President Trump's attorney general Bill Barr — and was the conclusion of a four-yearlong investigation into the 2016 election. The FBI opened its investigation in July 2016 and Special Counsel Robert Mueller took over in 2017.

☆ Biden's campaign is making an early push to compete in swing-state North Carolina and GOP-trending Florida in 2024, report says
▼ + stars: | 2023-05-16 | by ( John L. Dorman | ) www.businessinsider.com time to read: +5 min

The Biden campaign is aiming for the president to compete in North Carolina and Florida in 2024, per the Washington Post. However, despite the statement from the GOP, North Carolina has a two-term Democratic governor, Roy Cooper, and remains competitive for the party on the statewide level. Newly-elected Florida Democratic Party chair Nikki Fried, a former state agriculture commissioner, is working to reverse the party's slide as it heads into next year's races. "North Carolina is the fullback of presidential politics. "But it's critical for Democrats to keep it close because Republicans have to expend extraordinary resources and time making sure they win North Carolina," he added.

☆ Opinion: Turkey’s Erdogan is in the fight of his political life. The real winner may be Putin
▼ + stars: | 2023-05-10 | by ( Opinion Elmira Bayrasli | ) edition.cnn.com time to read: +7 min

CNN —For Recep Tayyip Erdogan, Turkey’s longest serving ruler, Sunday’s upcoming election may be the end of a two-decade winning streak. Following an attempted coup to unseat Erdogan, the Russian president called his Turkish counterpart and offered his country’s support. Still, it was not enough to change the eastern tilt of Turkish foreign policy. Whether Erdogan wins or loses, Ankara is unlikely to untangle itself from Moscow and turn back to the West. (The Turkish president has previously dismissed concerns about press freedom in his country).

☆ Rickie Fowler picks up snake with golf club at Wells Fargo Championship
▼ + stars: | 2023-05-08 | by ( Jack Bantock | ) edition.cnn.com time to read: +2 min

During the Wells Fargo Championship at Quail Hollow on Saturday, Rickie Fowler was on hand to provide a safe demonstration. North Carolina is home to a range of snake species, many of which inhabit the waters of the Tar Heel state. Comments on the PGA’s Twitter post wavered on what species of snake Fowler handled, but it is thought to be a northern watersnake, a nonvenomous species native to North America. Angling his wedge, Fowler gently hooked the snake to lift it out from between a gap in the rocks before it slithered away. Rickie Fowler the ... snake charmer?!

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