This video shows the worlds changing military expenditures over the past 25 years
The US has easily remained the top military spender in the past 25 years.
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The US has easily remained the top military spender in the past 25 years.
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themls.com
Being a judge on "American Idol" has really paid off for Jennifer Lopez.
The singer recently purchased a new home in the quiet Los Angeles neighborhood of Bel Air. She dropped $28 million on the mansion, but, to be fair, that's down from the original $39,995,000 asking price, according to Curbed.
Check out Lopez's lavish new compound:
The house spans 13,932 square feet.
themls.comClick here for more information »
To get there, visitors must cross a small covered bridge. Читать дальше...
Reuters/Darren Staples
LONDON (Reuters) - British voters are evenly split between "Remain" and "Leave" ahead of a June 23 referendum on whether to remain in the European Union, according to the latest online opinion poll from YouGov for The Times newspaper.
The poll of 1,735 people, conducted on May 30-31, found that both camps were level on 41 percent, with 13 percent undecided and 4 percent not intending to vote.
The results were identical to YouGov's previous survey for The Times, which was conducted on May 23-24. Читать дальше...
REUTERS/Lucas Jackson
Product chiefs at Twitter don't seem to last very long. In fact, the job has such a high turnover rate that it's been likened to the "jinxed" Defense Against the Dark Arts teaching position in the Harry Potter series.
In a new feature on Twitter CEO Jack Dorsey, Vanity Fair's Nick Bilton reports:
Every single product chief at Twitter — seven or eight people, depending on how you count — has been fired or forced to resign over the past decade. One former... Читать дальше...
KFC
While fast-food chains across the US are making major investments in delivery, mobile ordering, and employee-replacing robots, many companies are forgetting the most important part of business — the customer.
"What I see with a lot of QSRs is 'me too,'" Chris Caldwell, KFC's chief information officer, told Business Insider in an interview about tech in the quick-service restaurant business. "They're doing it because someone else is doing it. They don't really understand the results... Читать дальше...
Shutterstock
The crusade against salt is back on.
In new draft guidelines out Wednesday, the FDA proposed that the food industry should try to help limit consumption of salt from an average daily intake of 3,400 milligrams per day down by a third to 2,300 milligrams per day.
The guidelines are voluntary, which means restaurants and food companies don't necessarily have to comply; they're simply being urged to. The suggested limits have been a long time coming: The FDA first... Читать дальше...
AP Photo/John Locher
Hillary Clinton, the Democratic presidential frontrunner, is heading into the general election facing two major problems that aren't Donald Trump, according to a poll released Wednesday.
The poll, from Morning Consult, found that 72% of respondents view her use of a private email server when she served as secretary of state to be a problem — 48% called it a "major" problem. Democrats, too, are nervous about her use of the private server, with roughly a quarter... Читать дальше...
Hollis Johnson
Chick-fil-A is giving away a ton of free chicken sandwiches.
The chain is offering the food to promote its new app, called Chick-fil-A One, which launched on Wednesday.
Anyone who downloads the app between June 1 and June 11 will get their choice of a free original, spicy, or grilled chicken sandwich, the company told Business Insider.
The offer must be redeemed by June 30.
Going forward, Chick-fil-A plans to offer even more free food through its app. Читать дальше...
The US Navy is testing a railgun they have invested $500 million in — and they plan to invest an additional $800 million. Military planners say the barrel gun “would be useful if the US had to defend the Baltic states against Russia or support an ally against China in the South China Sea.”
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When safe assets return less than nothing, people evidently turn to safes.
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Getty
Michael Kors is in the middle of pulling off a comeback.
The company reported that retail net sales increased 22% for the most recent quarter. Comparable sales improved by 0.3%, which isn't much, but shows some promise. (This time last year, retail net sales increased 14.9% and comparable sales had been down 1.7%.)
Shares surged as much as 10% on the news.
In a statement, CEO and Chairman John D. Idol pointed to how the company improved marketing and product design. Читать дальше...
ODG
One of the big complaints people have about the current crop of virtual reality glasses, like Oculus for instance, is that the resolution can be disappointing. When you walk around in Oculus’ virtual world, it feels completely immersive, but still a bit cartoonish. If you look closely, you can literally make out the pixels.
Jules Urbach, the CEO of $300 million VR pioneer OTOY, has run into this problem over and over again. OTOY makes a suite of software that powers VR experiences... Читать дальше...
Screenshot / YouTube
When Jeff Bezos isn't doing his "day job" running Amazon, he's thinking a lot about outer space.
Onstage at Vox Media's Code Conference this week, Bezos said he thought that his rocket company, Blue Origin, was building the infrastructure necessary to help people of the future to innovate and that, ultimately, we'll need to move heavy industry away from Earth to save the planet.
Doing the heavy lifting
Bezos wants to make the future easier for space entrepreneurs. Читать дальше...
Ian MacNicol/Getty Images
Global advertising trade group, The World Federation of Advertisers (WFA,) has proposed plans that could see the creation of a global advertising watchdog that would regulate internet ads.
The announcement follows a report released earlier this week from PageFair — a tech company that provides ad blocking solutions to publishers — that claimed there are at least 419 million people blocking ads on smartphones worldwide. That's in addition to the 198 million desktop ad blocker users. Читать дальше...
Thomson Reuters
Via Dave Lutz at JonesTrading, here's a super-quick guide to what traders are talking about right now:
Good Morning! Markets are starting June in cautious mood, with US futures off 40bp - a combo of weaker global PMIs, Lower Commodity prices, OECD warning on Growth, and Brexit angst growing. Nothing but Red in Europe, with the DAX off nearly 1% as Miners are getting smoked across Europe and London – Glencore, Rio and Anglo all off 3%+ in London – hitting the FTSE for 75bp. Читать дальше...
TOKYO (Reuters) - Japanese Prime Minister Shinzo Abe announced on Wednesday his widely expected decision to delay a scheduled sales tax increase by two-and-a-half years, putting his plans for fiscal reforms on the back burner due to growing signs of weakness in the economy.
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AP/Michel Euler
Here is what you need to know.
Japan says a large stimulus package is coming this fall. Japanese Prime Minister Shinzo Abe says he will delay the sales-tax hike. The increase to 10% from 8% that was planned for 2017 will now take effect in October 2019. Additionally, Abe will announce a new stimulus package in the fall aimed at sparking private demand and accelerating infrastructure projects, CNBC says, citing Reuters. The Japanese yen is stronger by 1.2% at 109.44 per dollar. Читать дальше...
Egyptian Armed Forces Facebook via AP
CAIRO (AP) — Egypt says a French ship has picked up signals from deep under the Mediterranean Sea, presumed to be from black boxes of the EgyptAir plane that crashed last month, killing all 66 passengers and crew on board.
The Civil Aviation Ministry is citing a statement from the committee investigating the crash as saying the vessel Laplace is the one that received the signals.
Wednesday's statement says that a second ship, John Lethbridge affiliated with the Deep Ocean Search firm... Читать дальше...
DNC
The Democratic National Committee is trolling Donald Trump over his refusal to release his tax returns.
The committee on Wednesday launched a new micro website called "taxesbytrump.com," which purports to show the presumptive Republican presidential nominee's tax records. Business Insider viewed the site ahead of its launch.
But whenever users attempt to click on a large red "see returns" box, it zips away from the cursor, a reference to the public's inability to view Trump's actual tax information. Читать дальше...
People tend to preach the importance of setting goals. James Altucher disagrees. Altucher is a bestselling author, entrepreneur, angel investor and former hedge fund manager. His podcast and blog teach the lessons he's learned about money, health, and happiness after having it all, losing it, and getting it back again.
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Koki Nagahama/Getty Images
(Reuters) - SoftBank Group Corp said it will sell at least $7.9 billion of shares in Alibaba Group Holding Ltd - a move that will cut the Japanese firm's debt amid worries about losses at its U.S. telecoms unit Sprint Corp.
The transaction marks the first sale of shares in the Chinese e-commerce giant by its largest shareholder since SoftBank began investing in the company in 2000, and will reduce its stake to around 28 percent from 32.2 percent. The two... Читать дальше...
Boston Dynamics
TOKYO (Reuters) - Toyota Motor Corp is in talks to buy two robotics divisions from Google parent Alphabet Inc, the Nikkei reported on Wednesday.
The Japanese automaker is discussing an acquisition of Alphabet's Boston Dynamics - known for the Cheetah, which is claimed to be the world's fastest-legged robot - and Schaft, a venture that was led by two former Tokyo University professors, the report said.
Toyota declined to comment beyond saying the company and its research and development arm... Читать дальше...
AP Photo/Shizuo Kambayashi
TOKYO — Emojis of a cuddly brown bear and his flatulent rabbit girlfriend Cony are met with investor skepticism as the company behind Line, the popular Japanese messaging app, prepares to kick off what's touted to be the world's biggest initial public offering this year.
Line Corp. will most likely raise $2 billion to $3 billion in a dual Tokyo-New York listing set for July, two people familiar with the matter told Reuters on Wednesday.
But the Tokyo-headquartered... Читать дальше...
Coca-Cola
Good morning. Here's everything you need to know in the world of advertising today.
1. Here is a ranking of the 30 biggest media companies in the world. In 2015, Google, Facebook, Baidu, Yahoo, and Microsoft accounted for 19% of the global ad spend flowing through all media, according to media agency ZenithOptimedia's report.
2. Snapchat is hiring a new COO, Viacom's ad-sales chief Jeff Lucas, according to the New York Post. Lucas could be helpful to the company as... Читать дальше...
Rodi Said/Reuters
WASHINGTON (Reuters) - Thousands of U.S.-backed fighters in Syria are launching an offensive to capture from Islamic State a crucial swathe of northern Syria known as the Manbij pocket following weeks of quiet preparations, U.S. officials disclosed to Reuters.
The operation, which only just started to get underway on Tuesday and could take weeks to complete, aims to choke off Islamic State's access to Syrian territory along the Turkish border that militants have... Читать дальше...
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