Markets

North Korea Bungled 5,000-Ton Destroyer Launch As Kim Jong Un Watched

A new North Korean naval destroyer was badly damaged during a botched shipyard launch that caused part of its hull to be “crushed,” Pyongyang state media reported.The Korean Central News Agency reported on Thursday morning local time that North Korean leader Kim Jong Un was attending the ceremony at the…

Jane Goodall Says Having ‘Nice Legs’ Helped Out Early in Her Career

Jane Goodall, 91, may be one of the world’s leading primatologists now, but there was a time when she wasn’t being taken seriously.During an appearance on Tuesday’s “Call Her Daddy” podcast, Goodall reflected on the challenges she faced in her decadeslong career.Goodall told podcast host Alex Cooper that her love…

Trump Considering Taking Fannie Mae and Freddie Mac Public

President Donald Trump said Wednesday he was “giving very serious consideration” to taking Fannie Mae and Freddie Mac public and would make a decision soon.”Fannie Mae and Freddie Mac are doing very well, throwing off a lot of CASH, and the time would seem to be right,” Trump wrote in…

Klarna’s CEO Uses an AI Clone to Deliver Earnings

Buy now, pay later services company Klarna said it used an AI doppelganger of CEO Sebastian Siemiatkowski to report its quarterly earnings on Monday.The AI avatar appeared in a video on Klarna’s official YouTube channel to deliver earnings highlights. It wore a brown jacket reminiscent of one in Siemiatkowski’s corporate…

Can Newark Airport Fix Its Long List of Problems?

Newark Liberty International Airport has been dealing with the shutdown of a major runway, outdated equipment, and a shortage of air traffic controllers, all contributing to major flight delays. So, is there a plan to fix one of America’s busiest airports? Read the full article here

The US Army Is Experimenting With Extending Stinger Missile Reach

The US Army is developing new technology aimed at giving legacy Stinger missiles, shoulder-launched surface-to-air missiles, a much longer reach.An air defense interceptor program, Red Wasp, has been working on new technology to increase the Stinger’s range, allowing it to hit targets at greater distances.The Army’s Combat Capabilities Development Command…

Google I/O 2025: Untangling Google’s New AI Updates

Attending Google’s I/O developer conference is like being doused with a firehose of new AI announcements.At I/O’s keynote event on Tuesday, Business Insider counted at least two dozen new models, features, and updates.”We are shipping faster than ever,” Google CEO Sundar Pichai boasted onstage.Indeed. But it’s starting to get a…

Jony Ive + OpenAI = Distribution

OpenAI’s decision to buy Jony Ive’s gadget company, io, is about distribution.The generative AI race has entered a new stage. It used to be about creating the best AI models, but they’re all pretty similar these days.Who ultimately wins will depend a lot more on distribution, and less on the…

Big Law Tells Congress There’s Nothing Wrong With Their Trump Deals

White-shoe law firms that made deals with President Trump are doubling down on their commitments, insisting in letters to Congress that the agreements were legal and ethical.The letters were sent on May 8 in response to public scrutiny from Democrats about whether the deals amounted to illegal bribes. They were…