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Wednesday, January 29, 2020

Business News, Updates

Business News, Updates


Anyone who refinances a student loan with online lender CommonBond can now get access to high-yield savings

Posted: 29 Jan 2020 10:16 AM PST

friends planning relaxingMarco_Piunti/Getty

You can save tons of money by refinancing your student loans to a lower interest rate. 

Since 2013, CommonBond, an online student lender, has helped tens of thousands of borrowers do just that. Now the company wants you to sweep that savings into its new cash account, SmartSave.

See the rest of the story at Business Insider

NOW WATCH: Behind the scenes with Shepard Smith — the Fox News star who just announced his resignation from the network

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The rise and fall of XFL — Vince McMahon's wild, sexualized, exaggerated answer to football that lived and died in one season

Posted: 29 Jan 2020 10:12 AM PST

12 Jul 2000: J.K. McKay, Vince McMahon and Zev Yaroslavsky pose during the XFL Press Conference at the House of Blues in Los Angeles, California.Tom Hauck /Allsport / Getty

  • In 2001, WWF chairman Vince McMahon and then-NBC Sports chairman Dick Ebersol created XFL, a violent and sexualized version of the NFL.
  • McMahon, who successfully turned wrestling into a global phenomena, hyped it so much that by the time games aired they were a letdown.
  • It lasted a single season, recorded some of the highest and lowest ratings on network television, and lost NBC and WWF $70 million.
  • Now, almost 20 years later, the XFL is coming back.
  • Visit Business Insider's homepage for more stories.

The XFL was born, lived, and died in a single season.

In 2001, Vince McMahon, the man behind the rise of WWF, decided he could do football better. With backing from NBC, and his former business partner Dick Ebersol, he created the XFL.

LA Magazine called it "the wacky, tacky, controversial, ultimately catastrophic failure of an NFL alternative." Jason Gay wrote for the Wall Street Journal that McMahon positioned it as "a gladiatorial wedgie upon an allegedly effete NFL."

Alongside rule changes making the game more violent, it encouraged players to have catchy nicknames like "He Hate Me." There was also an excessive focus on cheerleaders.

McMahon built it up so much, and left so little time for players to train, that by the time the games aired, they were a letdown. XFL's opening night had some of the best ratings for its Saturday night timeslot, but within weeks, ratings plunged.

The league lasted a single season, and lost $70 million. Now, almost 20 years later, the XFL is coming back.

Here's how it all went wrong the first time.

At the beginning of the new millennium, the NFL was a different beast. Rules restricted the game, and quarterbacks were treated like the "Shah of Iran," according to then-NBC Sports chairman Dick Ebersol.

Don Frazier / AP

Source: HuffPost



So when WWF chairman Vince McMahon, Ebersol's former business partner, broached the idea of a new football league, Ebersol was listening.

Pat Carroll/NY Daily News Archive / Getty

Source: Wall Street Journal, HuffPost 



McMahon was a "broad-shouldered promoter and showman," as the Wall Street Journal wrote, who had turned wrestling into "a global media powerhouse," and in turn become a "thundering on-camera character himself." But wrestling was no longer enough. He had to change football, too.

Getty

Source: Wall Street Journal, HuffPost 




See the rest of the story at Business Insider

See Also:

SEE ALSO: The wild story behind Tour de Trump, the Trump-sponsored bike race that became one of the biggest cycling events in American history

DON'T MISS: Here are the 8 cities getting XFL teams for the league's revamped 2020 season

I'm a millennial who's flown 14 long-haul flights. Here are my 10 tips for surviving more than seven hours stuck in economy.

Posted: 29 Jan 2020 10:10 AM PST

alaska selfieJoey Hadden/Insider

1. Bring your own food.

Joey Hadden/Insider

If you don't bring your own food, you might end up with nothing but a Biscoff for several hours. Many long-haul flights include meals, but some don't.

For example, United doesn't supply complimentary in-flight meals within North America, between the US and Central America, or between Honolulu and Guam. So I had to bring my own meals on my back-to-back flights from Guam to Hawaii and Hawaii to Houston.

It's best not to rely on your airline to satisfy your hunger — especially if you're flying economy. 



2. And bring your own entertainment.

Joey Hadden/Business Insider

The same advice goes for entertainment.

Airlines have been filtering out in-seat screens because many people prefer their own devices. And in-flight entertainment systems that take place through apps sometimes stop working during flights.

So I recommend bringing your own screen and downloading films and shows from streaming services you subscribe to. For example, Netflix has this option in the app. 



3. Make a long, eclectic playlist for the in-between moments.

Joey Hadden/Business Insider

When you're traveling solo for hours on hours with multiple layovers, it's nice to have some background jams to keep your spirits up.

I recommend creating a long playlist packed to the brim with all your favorite jams for all your typical moods to make the trip go by faster.




See the rest of the story at Business Insider

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US officials are testing for the new coronavirus in 36 states after 5 cases were confirmed. Here's what we know about the US patients.

Posted: 29 Jan 2020 10:09 AM PST

Wuhan coronavirusTHE CENTRAL HOSPITAL OF WUHAN VIA WEIBO /via REUTERS

The US now has five confirmed cases of a new coronavirus that originated in Wuhan, China, almost a month ago. The outbreak has killed 132 people and infected more than 6,000 in mainland China.

It has spread to 17 other countries: Australia, Cambodia, Canada, Finland, France, Germany, Japan, Malaysia, Nepal, Singapore, South Korea, Sri Lanka, Taiwan, Thailand, the United Arab Emirates, the US, and Vietnam.

The coronavirus family is a large group of viruses that typically affect the respiratory tract. Coronaviruses can lead to illnesses such as the common cold, pneumonia, and severe acute respiratory syndrome (SARS), which resulted in 8,000 cases and 774 deaths in China from November 2002 to July 2003.

Patients with the new coronavirus — known as 2019-nCoV — have reported symptoms like fever, coughing, and difficulty breathing. Those who have died were mostly elderly or otherwise unwell, according to Chinese officials. No deaths have been reported outside China.

Here's everything we know about the five cases in the US.

The first US case was reported on January 21, when a man in his 30s was confirmed sick in Snohomish County, Washington.

Reuters

The patient contracted the virus after visiting Wuhan but did not exhibit any symptoms while traveling.

The Centers for Disease Control and Prevention is requiring twenty US airports — including those in New York, San Francisco, Los Angeles, Atlanta, and Chicago — to screen passengers for the virus. All flights in and out of Wuhan have been canceled. 

The man who contracted the virus landed at Seattle-Tacoma International Airport before the protocols were instated. Health officials in Washington said they were able to detect this case early, and the man has been under strict isolation.

Chris Spitters, a health officer for the Snohomish Health District, said during a CDC briefing on January 21 that the patient was "hospitalized out of an abundance of precaution and for short-term monitoring, not because there was severe illness."

The man is in good health now, according to a spokesman at Providence Regional Medical Center Everett, Herald Net reported.



Three days later, a woman in her 60s became the second case reported in the US. She is being treated in Chicago.

Reuters

The woman traveled to Wuhan in December to care for her elderly father, then returned to Chicago on January 13.

She did not exhibit any symptoms while traveling but called her doctor a few days after returning to the US to report that she was feeling unwell. The patient was sent to a local hospital, where she was isolated and given fluids. Doctors are treating her symptoms much like they would treat pneumonia. 

As of January 24, the woman was in stable condition, the CDC said, according to Chicago's ABC7 News. Local health officials said she did not take public transportation, attend any public gatherings, or have extensive contact with anyone outside her home after returning to Chicago. 

"I want to start by stating clearly: This is a single travel-associated case, not a local emergency," Allison Arwady, the commissioner of the Chicago Department of Public Health, said, according to ABC. "I can reassure you that even with this Chicago case, the health risk to the general public from novel coronavirus remains low at this time."



Three more US cases were confirmed on January 26: two in California and one in Arizona.

VIVEK PRAKASH/AFP via Getty Images)

On January 22, a Wuhan resident who was traveling through Los Angeles International Airport on his way to China reported that he wasn't feeling well to airport staff. He was immediately taken to a local hospital.

The second California case was identified in Orange County. The patient there is being kept in isolation at a local hospital and is reported to be doing well. 

In Arizona, meanwhile, a patient is also in isolation. The person lives in Maricopa County, which includes Phoenix. Health officials described the patient as "a member of the Arizona State University community" but said the person did not live in university housing.

All three patients recently traveled from Wuhan.




See the rest of the story at Business Insider

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A Florida daycare teacher was fired after sending a toddler home with a note written across his belly in marker

Posted: 29 Jan 2020 10:07 AM PST

A toddler holding his feetOleksandra Korobova/Getty Images

  • Heather Chisum discovered a note written on her 1-year-old son's skin when he came home from daycare.
  • The note, written in green marker, read, "Mom I'm out of diapers, pls read my report."
  • Her son's daycare has since fired the teacher who made the note.
  • Chisum is upset with social media commenters putting her at blame.
  • Visit Insider's homepage for more stories.

A Florida mom was shocked when a daycare sent her 1-year-old son home with note sprawled across his belly in marker. 

"Mom I'm out of diapers, pls read my report," the note said,  according to a photo posted by the boy's mom, Heather Chisum, on Facebook Monday. 

See the rest of the story at Business Insider

NOW WATCH: Taylor Swift is the world's highest-paid celebrity. Here's how she makes and spends her $360 million.

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LIVE: Trump impeachment trial moves to next phase as senators begin questioning the prosecution and defense

Posted: 29 Jan 2020 10:04 AM PST

In this image from video, Senate Majority Leader Mitch McConnell, R-Ky., speaks during the impeachment trial against President Donald Trump in the Senate at the U.S. Capitol in Washington, Tuesday, Jan. 28, 2020. (Senate Television via AP)Associated Press

  • The Senate on Wednesday began a 16-hour period of submitting written questions in President Donald Trump's impeachment trial.
  • This comes after six marathon days of opening arguments from House impeachment managers, who act as prosecutors in the trial, and Trump's defense team.
  • The question-and-answer session will be split into two eight-hour days and will likely be pivotal in helping Republican senators decide whether to join Democrats in voting to call additional witnesses to testify.
  • Scroll down to watch the trial and follow Insider's live coverage.
  • Visit Business Insider's homepage for more stories.

On Wednesday, senators began a 16-hour period of submitting written questions to the prosecution and the defense in President Donald Trump's impeachment trial.

The question-and-answer period comes after six marathon days of opening arguments from House impeachment managers — who act as prosecutors in the president's trial — and Trump's defense team, led by White House counsel Pat Cipollone and Trump's personal defense attorney Jay Sekulow. 

After the defense rested its case on Tuesday, Senate Majority Leader Mitch McConnell announced the 16-hour question period would be spread out over two days, and encouraged Senators to keep their questions "thoughtful" and "brief."

The 16 hours during which senators submit their written questions will likely be pivotal ahead of a vote on whether the Senate will call additional witnesses to testify in Trump's trial. That vote is scheduled to take place on Friday.

The House of Representatives impeached Trump last month for abuse of power and obstruction of Congress. Both charges related to his efforts to coerce Ukraine into launching politically motivated investigations targeting former Vice President Joe Biden, a 2020 Democratic frontrunner, his son Hunter, and the Democratic Party as a whole.

While doing so, the president withheld $391 million in vital military aid to Ukraine, as well as a White House meeting that Ukrainian President Volodymyr Zelensky desperately sought and still hasn't gotten. 

On Monday and Tuesday, Trump's defense team said the Senate didn't need to subpoena John Bolton, the former national security adviser, to testify in the trial after a leak of his unpublished book manuscript threw a wrench into their defense strategy. 

The New York Times reported on the manuscript Sunday night, in which Bolton wrote that Trump personally told him he would withhold Ukraine's military aid until Zelensky agreed to deliver politically motivated investigations targeting the Bidens.

On Tuesday evening, multiple outlets reported that McConnell emerged from a closed-door meeting with Senate Republicans without the necessary votes to block witnesses. Senators must approve witnesses with a 51-vote majority, meaning four Republicans would need to side with Democrats to call Bolton.

Watch the trial below:

Youtube Embed:
//www.youtube.com/embed/IIhRQASw_vw
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Scroll down to follow Insider's live coverage:

Chief Justice John Roberts asks that prosecutors and defense lawyers limit answers to questions to five minutes each

AP Photo/Steve Helber

The answers to senators questions be kept within 5 minutes each



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AI 101: How learning computers are becoming smarter

Posted: 29 Jan 2020 10:02 AM PST

artificial intelligence social network eter9IBT

Many companies use the term artificial intelligence, or AI, as a way to generate excitement for their products and to present themselves as on the cutting edge of tech development.

But what exactly is artificial intelligence? What does it involve? And how will it help the development of future generations?

See the rest of the story at Business Insider

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Tesla earnings will send the stock swinging more than usual, and data shows a double-digit move is likely

Posted: 29 Jan 2020 10:00 AM PST

Elon MuskJae C. Hong/Associated Press

  • Tesla shares are set to move as much as 11.1% over the two days following its Wednesday afternoon earnings announcement, options data from Trade Alert shows.
  • The estimate measures an options strategy known as a straddle, through which traders buy both put and call options to bet on the size of a stock move by a certain date.
  • There's less open interest activity in near-term puts ahead of the Wednesday report compared to the quarter prior, according to Trade Alert.
  • The data suggests traders aren't betting as heavily on an earnings miss.
  • Watch Tesla trade live here.

Tesla's last couple months featured outsize stock jumps, glamorous new superlatives, and thwarted short-sellers. The automaker's upcoming earnings report is poised to keep the stock's volatility alive and well.

The options market projects a move in Tesla shares as large as 11.1% in the two days following the company's earnings report, according to Trade Alert data. The estimate measures an options strategy known as a straddle, which involves traders buying both put and call options to gamble on the size of a stock move by a specific date.

See the rest of the story at Business Insider

NOW WATCH: A big-money investor in juggernauts like Facebook and Netflix breaks down the '3rd wave' firms that are leading the next round of tech disruption

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From throwing insults to talking about a reunion, here's everything One Direction members have said since their hiatus

Posted: 29 Jan 2020 10:00 AM PST

one directionFrazer Harrison/AMA2013/FilmMagic/Getty

  • One Direction shot to stardom in 2010 after competing on "The X Factor."
  • After member Zayn Malik left in 2015, the band continued as a four-piece but later that year they announced they'd be going on a hiatus. 
  • Since the hiatus, Malik has spoken negatively about his time in One Direction, saying he made no friends and didn't like the music they created.
  • Members like Harry Styles and Louis Tomlinson have spoken about a possible reunion, but have not given details. 
  • Liam Payne has said that Malik "didn't even say goodbye" when he left the band. 
  • Visit Insider's homepage for more stories.

One Direction was one of the most popular bands of the 2010s, producing multiple top-10 hits and five full-length albums. They sold out tours in stadiums and arenas around the globe.

The band was formed in 2010 on the UK version of "The X Factor" and it is comprised of five guys who auditioned as solo artists. The members include Liam Payne, Zayn Malik, Niall Horan, Harry Styles, and Louis Tomlinson.

After years of reaching milestones and breaking records, the band started to slow down. In early 2015, it was announced on Facebook that Zayn Malik would be leaving the band. The four remaining members released a final album and announced an extended hiatus in August 2015.

Since the announcement of the hiatus, members have gone on to pursue solo interests and have commented on potential reunions as well as their current relationships with their bandmates.

Here's everything members of One Direction have said about the band and each other since announcing their hiatus.

In his first interview after leaving the band, Zayn Malik called One Direction's music "generic as f---."

Willy Sanjuan/Invision/AP

In his first solo interview since leaving the band, Zayn Malik told Fader magazine that One Direction's music was "generic as f---" and that it didn't fit his style. 

"Whenever I would suggest something, it was like it didn't fit us. There was just a general conception that the management already had of what they want for the band and I just wasn't convinced with what we were selling," he told the publication. 

He said he wasn't 100% behind the band's music and that the group was recording what they were told would sell. 



In 2015, Malik said he wouldn't listen to One Direction's music.

Kevin Winter/Getty Images

After leaving One Direction, Malik went on the record to say he isn't a fan of the band's music.

He told Rolling Stone, "That's not music I would listen to ...Would you listen to One Direction at a party with your girl? I wouldn't. To me, that's not an insult, that's me as a 22-year-old man."

"As much as I was in that band, and I loved everything that we did, that's not music that I would listen to. I want to make music that I think is cool s---. I don't think that's too much to ask for," he added. 



In 2015, Malik seemed to suggest One Direction's music wasn't "real."

Kevork Djansezian/Getty Images

In 2015, Malik teased the release of new music on Twitter. He shared the announcement along with "#RealMusic."

Many fans interpreted this as a jab at One Direction's discography, feeling as though Malik meant to imply the music he had previously made with One Direction was fake or not quite up to his standards.




See the rest of the story at Business Insider

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Jared Kushner says he's read 25 books about the Israel-Palestine conflict

Posted: 29 Jan 2020 09:58 AM PST

Jared Kushner Ivanka TrumpREUTERS/Jim Bourg

  • Jared Kushner, the president's son-in-law and top White House adviser, said he's read 25 books about the Israel-Palestine conflict.
  • Kushner has taken the lead on the administration's Middle East policy despite having no background in foreign policy or real expertise in the Middle East prior to joining his father-in-law's administration.
  • Kushner's comment sparked immediate ridicule online from people who think that it's laughable to cite a reading list as evidence of competency to negotiate Middle East relations. 
  • Visit Business Insider's homepage for more stories.

Jared Kushner, the president's son-in-law and top White House adviser, said during an interview with Sky News Arabia on Wednesday that he's read 25 books about the Israel-Palestine conflict. The revelation follows the Trump administration's unveiling of a controversial Middle East "peace plan."

 

See the rest of the story at Business Insider

NOW WATCH: Extremists turned a frog meme into a hate symbol, but Hong Kong protesters revived it as an emblem of hope

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SEE ALSO: Mitch McConnell just said he might not have the Republican votes to block witnesses from testifying in Trump's impeachment trial

GM will reportedly debut an all-electric Hummer during the Super Bowl this Sunday. Here's a look back at the vehicle's storied past.

Posted: 29 Jan 2020 09:56 AM PST

Hummer mainAP Photo/General Motors

  • Reports are that General Motors will unveil a new, all-electric Hummer in a Super Bowl ad this Sunday. 
  • The reports are that the EV will be a pickup under the GMC brand, which would make it the first new Hummer since GM shut down the Hummer brand in 2010. 
  • This all comes as several manufacturers — including Ford, Tesla, and Rivian — plan to roll out electric pickups in the near future.
  • Visit Business Insider's homepage for more stories.

A decade after General Motors discontinued the Hummer brand in the face of a bankruptcy, rising gas prices, and a decline in demand for the military-inspired SUV, it may soon be back in the form of an electric pickup truck. 

Unnamed sources quoted by The Wall Street Journal said GM plans to revive the Hummer name for the truck, which it will show off during a Super Bowl ad featuring LeBron James this Sunday.

GM does not intend to revamp the old Hummer brand, but rather to bring back the name as an electric under GMC — a surprising move, considering the Hummer's reputation as an unabashedly excessive gas guzzler. The 2006 Hummer H3, for example, has a rated 16 mpg combined by the US Environmental Protection Agency

But an increasing number of automakers are embracing EVs and entering the electric-pickup market. Tesla's Cybertruck, Rivian's R1T, Ford's electric F-150, and Bollinger's B2 are all slated to begin production or launch within the next couple of years, while the sources quoted by The Wall Street Journal said the forthcoming electric Hummer is projected to go on sale by 2022.

The Hummer report also follows the recent trend of carmakers resurrecting old and beloved nameplates. New versions of the Toyota Supra, Ford Ranger, and Land Rover Defender were all unveiled in recent years, and a new Ford Bronco — eliminated from the company's lineup in 1996 — will come this spring

In honor of the Hummer's new and unexpected life as an EV, here's a look back at the brand's history.

Much like the Jeep Wrangler, Land Rover Defender, and Mercedes G-Wagen, the Hummer traces its origins back to a military vehicle.

Emmanuel Ocbazghi

In 1983, an American Motors subsidiary called AM General won a $1.2 billion contract to develop a high-mobility multipurpose wheeled vehicle, otherwise known as an HMMWV.

Corbis Historical/Getty Images

Source: The New York Times



Nicknamed the Humvee by soldiers, the burly vehicles were used as command centers, ambulances, and troop carriers for the US military starting in 1985.

DOD/Getty Images

Source: Time




See the rest of the story at Business Insider

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Thanks to Amex, Hilton, and Marriott points, I'm reaching my goal of visiting one Hawaiian island per year

Posted: 29 Jan 2020 09:54 AM PST

hawaii on credit card pointsGrand Wailea Maui, a Waldorf Astoria Resort/Facebook

When I moved to the West Coast last year, one of the first things I did was plan a trip to Hawaii. While the Aloha State is worth the trek from any locale, from where I now live — Portland, Oregon — it doesn't take any longer to get to by plane than it does to reach the East Coast. With that in mind, I set a goal to visit one Hawaiian island each year for four years, beginning with Maui and continuing with Kauai, the Big Island, and Oahu.

Hawaii, though, is not exactly known for being a budget-friendly destination — particularly if you're looking to stay at resorts. Here's a look at how I used credit card rewards to vacation on Maui last year, and how I plan to use them to fund a trip to Kauai in 2020.

Keep in mind that we're focusing on the rewards and perks that make these credit cards great options, not things like interest rates and late fees, which will far outweigh the value of any points or miles. It's important to practice financial discipline when using credit cards by paying your balances in full each month, making payments on time, and only spending what you can afford to pay back.

See the rest of the story at Business Insider

NOW WATCH: Here's how to escape a flooding vehicle

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THEN AND NOW: What 10 household products looked like when they first came out

Posted: 29 Jan 2020 09:52 AM PST

tide detergent 50sBettmann/Getty Images

  • There are plenty of things inside our houses right now that we may take for granted, from Tide laundry detergent to Drano and Advil.
  • Some of these iconic brands have gone through big design changes throughout their histories.
  • Listerine used to be an antiseptic for surgery, not mouthwash.
  • Visit Insider's homepage for more stories.

The average American home has changed in innumerable ways over the last century, from the kitchen to the living room. Our favorite household products have changed along with them.

Tide and Drano used to come in powder or crystal form, Listerine came corked in a glass bottle, and Windex was sold in an aerosol can.

Keep scrolling to see how 10 of your favorite household products have changed since they were first sold.

Ivory Soap was first sold in 1878 by Procter & Gamble. It was marketed as the "Soap that Floats," since air was accidentally mixed into the formula, causing it to float.

Fotosearch/Getty Images

Source: Ohio History Central



Ivory has remained the same in the 100-plus years of its existence — although the packaging has changed.

Sheila Fitzgerald/Shutterstock

Tide laundry detergent was launched in 1946. It was sold as a powder in cardboard boxes.

Bettmann/Getty Images

It's been the leading laundry detergent in the US since 1949.




See the rest of the story at Business Insider

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16 airlines have canceled flights to China amid coronavirus fears so far

Posted: 29 Jan 2020 09:52 AM PST

FILE PHOTO: Passengers leave LAX after arriving from Shanghai, China, after a positive case of the coronavirus was announced in the Orange County suburb of Los Angeles, California, U.S., January 26, 2020.  REUTERS/Ringo Chiu

  • Airlines around the world are canceling or cutting their flights to China until as late as March amid the outbreak of coronavirus.
  • American and European airlines largely make up the list of airlines that have canceled flights, including US carriers United and American.
  • Air travel is one of the quickest spreaders of disease since aircraft fly all over the world, especially from an economic hub such as China.
  • Visit Business Insider's homepage for more stories.

As the number of people infected with coronavirus around the world grows, airlines around the world have begun preemptively canceling or reducing flights to China, where the virus was first discovered.

The reasoning for doing so is a mix of reduced demand of visitors to the country and fear of the virus spreading, with numerous cities outside of China already reporting cases of the virus. 

European, American, and some Asian airlines largely make up the list of those reducing service or canceling flights to mainland China outright until the virus is under control. Beijing and Shanghai are among cities most affected, with some airlines going as far as to cut service to Hong Kong, a semi-autonomous region of the country. 

Those airlines not canceling services to the country are typically making up for it by offering travel waivers that allow customers to change or cancel flights without a fee. Most airlines are offering changes for those traveling on flights up to the end of February. 

The cancellations are extended on some airlines to as far away as the end of March, with the US government still deciding on whether it wants to ban flights between the US and China. 

Here's a list of airlines that have canceled flights to China.

Air Canada

JOERG KOCH/AFP/Getty Images

Air Canada announced on Tuesday that it would be scaling back the number of flights it sends to China, the Globe and Mail reported.

The airline primarily flies to Beijing and Shanghai from cities across Canada and despite not canceling all flights, has offered passengers traveling to the region the opportunity to change or cancel flights.



Air India

Fabrizio Gandolfo/SOPA Images/LightRocket/Getty

Air India is cutting services to Shanghai and Hong Kong, the Times of India reported, axing the former until mid-February and reducing services to the latter.

For its flights that are still operating to Hong Kong, crews will be required to wear special masks and come straight home as passengers to avoid staying in the region.



Air Seoul

Reuters

Korean budget airline Air Seoul extended its cancellation of flights to mainland China to include Zhangjiajie and Linyi in addition to Wuhan, USA Today reported.

The airline is one of only a few South Korean airlines to suspend services to Chinese cities outside of Wuhan following the outbreak with flag carrier Korean Air still flying between the two countries.




See the rest of the story at Business Insider

See Also:

SEE ALSO: The US Air Force private jet that crashed in Afghanistan has been called 'as essential to mission success as bullets'

Dire photos show empty shelves inside a Wuhan Walmart as coronavirus fears grow

Posted: 29 Jan 2020 09:50 AM PST

Screen Shot 2020 01 29 at 9.44.14 AMCourtesy of @ChinaMidnight via Twitter

  • Walmart shoppers in China are sharing images of empty shelves devoid of fresh produce, meat, and dairy as the retailer struggles to keep up with high demand in the face of the coronavirus. 
  • Though several restaurants and retailers have temporarily closed stores to prevent the spread of the deadly virus, all 400 Walmart stores across China remain open, including in the city of Wuhan.
  • "Things are getting desperate," wrote one Twitter user regarding the lack of food at Walmart. 
  • Visit Business Insider's homepage for more stories.

Walmart stores in China are struggling to meet the rising demand for food and essential items as fearful shoppers flock to the retailer to stock up while the coronavirus continues to spread throughout the region. 

A series of social media posts from the past 24 hours depict empty shelves devoid of staples like produce, dairy, and meat at Walmart locations in the cities of Wuhan and Zhuhai. "Things are getting desperate," wrote Twitter user @ChinaMidnight.

 

Though several restaurants and retailers have temporarily closed to prevent the spread of the deadly virus, Walmart has kept all Chinese stores open since the outbreak, a Walmart spokesperson told Business Insider on Friday. The company currently operates 400 stores in China across 170 cities, as well as 19 distribution centers. 

The spokesperson said the company is cooperating with local officials and health experts to "closely follow" and monitor the situation. 

"We are actively reinforcing good hygiene practices in all of our Walmart and Sam's Club locations in China and reminding our teams that the health and safety of our associates and customers is our top priority," the spokesperson told Business Insider.

Still, transportation lockdowns in the country may be preventing suppliers from quickly and efficiently restocking products, according to a source close to the matter. Additionally, the source said that quarantines are inhibiting employees from coming to work in certain areas, contributing to the barren shelves, the source said.

Here's a closer look inside a Walmart in Wuhan on Wednesday afternoon local time. 

Do you live in an area impacted by Walmart food shortages and have photos to share? Contact this reporter via email at bbiron@businessinsider.com.

Upon entering Chinese Walmart stores, shoppers are required to have their temperature taken by an employee to ensure they don't have a fever.

AP Photo/Arek Rataj

In a direct message to Business Insider, @ChinaMidnight said he was asked a series of questions regarding how he was feeling and how long he had been outside before entering. 

"To be honest we are all scared to even get within breathing range of each other," he said. 



In Wuhan, Walmart shoppers on Wednesday walked in to see shelves that were completely empty of fruits and vegetables.

Courtesy of @ChinaMidnight via Twitter

In one part of the store, a shopper was able to find a few remaining items, including a small pile of tomatoes.

Courtesy of @ChinaMidnight via Twitter


See the rest of the story at Business Insider

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SEE ALSO: Major fast-food chains and retailers in China are shutting their doors as the deadly coronavirus continues to spread. Here's a list of closures.

The rise and fall of Victoria's Secret, America's biggest lingerie retailer (LB)

Posted: 29 Jan 2020 09:49 AM PST

Victoria's SecretAP Photo/Mark Lennihan

  • Victoria's Secret is the largest lingerie retailer in the US and has been for several decades.
  • It has had a powerful role in defining what sexy is in the modern day via its racy lingerie and annual runway shows.
  • But after achieving explosive success in the late 1990s and 2000s, the brand has struggled in more recent years and has been accused of losing relevance. 
  • On Thursday, The Wall Street Journal reported that the founder of its parent company was in talks to step down as CEO and potentially sell Victoria's Secret.
  • Here's the story of the rise — and more recent fall — of the brand.      
  • Visit Business Insider's homepage for more stories.

You'd be hard-pressed to find anyone in the US who hasn't come into contact with Victoria's Secret in one way or another. Since the late 1990s, Victoria's Secret has been one of the best-known and most talked-about brands in the country — increasingly, not in ways that it might hope for. 

But it has had a powerful role in defining what sexy is in the modern day via its racy lingerie and annual runway shows and in its heyday, these enabled the company to achieve blockbuster sales and reach global status.

Increasingly, the tide seems to be turning. Sales have slipped, customers are complaining that quality has dropped, and analysts are becoming more skeptical about the brand's future if it refuses to adapt in the era of #MeToo.

In the summer of 2019, the company faced a new challenge after it was caught up in the Jeffrey Epstein scandal; Epstein previously managed the money of L Brands CEO and founder Les Wexner and the two were reportedly once close friends. Epstein even reportedly tried to meddle in Victoria's Secret's business, offering input on which women should be models and allegedly using his connection to Victoria's Secret to coerce them into sexual acts.

On January 29, The Wall Street Journal reported that Wexner, the longest-serving CEO of any Fortune 500 company, was in talks to step down from the company after more than 50 years at the helm. Moreover, sources familiar with the matter told The Journal that Wexner was considering selling Victoria's Secret. 

Find out more about how the company achieved success —and stumbled more recently — below:

Got a tip? Contact this reporter via encrypted messaging app Signal at +1 (646) 768-4716 using a non-work phone, by email to mhanbury@businessinsider.com, or Twitter DM at @MarySHanbury

Victoria's Secret was founded in 1977 by American businessman Roy Raymond.

Wikimedia Commons

Inspired by an uncomfortable trip to a department store to buy underwear for his wife, Raymond set out to create a place where men would feel comfortable shopping for lingerie. He wanted to create a women's underwear shop that was targeted at men.  



He named the brand after the Victorian era in England, wanting to evoke the refinement of this period in his lingerie.

Victoria's Secret

His vision was summed up by Slate's Naomi Barr in 2013: "Raymond imagined a Victorian boudoir, replete with dark wood, oriental rugs, and silk drapery. He chose the name 'Victoria' to evoke the propriety and respectability associated with the Victorian era; outwardly refined, Victoria's 'secrets' were hidden beneath."

He went on to open a handful of Victoria's Secret stores and launched its famous catalog. 



By 1982, the company was making more than $4 million in annual sales, but according to reports, it was nearing bankruptcy at the time. It was at this point that Les Wexner swooped in.

Getty/Astrid Stawiarz / Stringer

Wexner, who founded L Brands (formerly Limited Brands) was already making a name for himself in the retail world as he gradually built up an impressive empire.

By June 1982, Limited — which had previously acquired Express and Lane Bryant — was listed on the New York Stock Exchange. One month later, under Wexner's leadership, the company acquired Victoria's Secret's six stores and its catalog for $1 million. 




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Problems with Boeing's new refueling tanker could cause a much bigger headache for the Pentagon

Posted: 29 Jan 2020 09:48 AM PST

US Air Force KC-46 Pegasus refueling tankerU.S. Air Force photo/Jet Fabara

  • Continued delays on Boeing's new KC-46 aerial-refueling tanker have the Pentagon in a tough spot.
  • Problems with the KC-46 could leave Transportation Command, which oversees the US military's aerial refueling operations, without enough tankers, the command's top general said Tuesday.
  • One solution, the general said, may be contracting additional tankers from private industry, which the Air Force is already considering.
  • Visit Business Insider's homepage for more stories.

Protracted delays on Boeing's new KC-46 tanker could leave the Pentagon with a shortage of refueling capacity, the head of US Transportation Command warned on Tuesday.

Asked what he would highlight to lawmakers at posture hearings this year, Army Gen. Stephen Lyons pointed to two specific, nagging issues.

See the rest of the story at Business Insider

NOW WATCH: The US Air Force refuels combat jets in midair with a 'flying boom system' — watch it in action

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SEE ALSO: US allies worried about pricey weapons should look at what Russia's doing, the Navy's top officer in Europe says

What 12 'Walking Dead' stars would do if a zombie apocalypse really happened

Posted: 29 Jan 2020 09:47 AM PST

daryl judith beta walking deadGene Page, Jace Downs/AMC

  • Insider asked "The Walking Dead" cast and crew what they would do if a zombie apocalypse really occurred. 
  • Angel Theory and Ryan Hurst seem the most prepared. Hurst says he would channel his show character, Beta.
  • Showrunner Angela Kang says she wouldn't last long, but she has an ax from star Andrew Lincoln.
  • Norman Reedus, who plays fan-favorite Daryl Dixon, told us he'd chill in Costa Rica.
  • Visit Insider's homepage for more stories.

After 10 seasons, the characters of "The Walking Dead" can take on just about any zombie army that comes their way.

But what would the cast do themselves if a zombie outbreak happened? 

During interviews for the show, Insider asked "The Walking Dead" cast and crew where they would go, what they would do, and their weapon of choice in a zombie apocalypse.

Some of them, like Angel Theory and Ryan Hurst, had very serious answers. Others, including Katelyn Nacon and showrunner Angela Kang, don't think they'd last long around real zombies. 

Keep reading to see how some of your favorites would fare and what they would do if the undead rose up.

Norman Reedus would head south to Central America.

Gene Page, Jackson Lee Davis, AMC, Keoki Saguibo/WSL via Getty Images, composite by Kirsten Acuna/Insider

Daryl Dixon may be a leader in the communities right now, but the actor who plays him isn't interested in fighting any of the dead. 

"I'd go to Costa Rica and I'd just surf all day. Eat coconuts," Reedus told Insider without missing a beat while discussing the show's 10th season in October at PaleyFest.

Read more: 'The Walking Dead' star Norman Reedus says he has read Daryl as asexual and even receives fan mail thanking him for it



Cailey Fleming says she may not be as brave as Judith with her katana on the show.

Gene Page/AMC

"Oh my gosh. If the zombie apocalypse happened, I definitely wouldn't be as brave as Judith," Fleming told Insider at Paleyfest. 

Fleming said she probably wouldn't pick up a katana like her counterpart on the show.

"I don't think I could ever do that. I would probably prepare, get canned food," said Fleming. "I would probably be the one to hide behind people and say, 'You can fight for me,' because I don't use weapons."

If she had to choose a weapon to defend herself, Fleming said she'd go with something familiar.

"Since I know how to use the wakasachi [Judith's sword] probably the wakasachi. I couldn't use a gun because I'm too little," said Fleming. "I would point it and it would fly me back in the air."



Josh McDermitt thinks a weapon with a blade is also the way to go.

Gene Page/AMC

"I don't really know how to make bullets like Eugene does so I would probably try and drop a gun as soon as I was out of bullets," McDermitt told Insider at PaleyFest.

A seasoned veteran who's been on the show since season four, McDermitt suggested a practical weapon that doesn't need reloading is the way to go.

"I like a big heavy machete or something very thick and durable because you can use the butt of it as a blunt force but you can also slice through. I just think some sort of blade or knife would be the best way to go."

"Don't you just want to hack off a zombie's arm?" asked McDermitt.

Great point. 

Read more: 'The Walking Dead' star Josh McDermitt says The Whisperers should be worried about Negan




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Jared Kushner isn't even trying to sell his Middle East 'peace plan' to Palestinians

Posted: 29 Jan 2020 09:45 AM PST

Jared KushnerReuters

  • Jared Kushner has been patronizing Palestine as the Trump administration unveils its Middle East "peace plan."
  • Kushner's tone toward Palestinians suggests he doesn't genuinely care if they accept the plan, which he crafted. 
  • Palestine was not involved in the discussions behind the deal and its leaders have already rejected it. 
  • Critics of the deal view it as fundamentally pro-Israel and say it cannot be considered a "peace plan" without Palestine's involvement.
  • Visit Business Insider's homepage for more stories.

Jared Kushner does not seem genuinely interested in selling his Middle East "peace plan" to Palestinians, as he's spent a significant chunk of the past 24 hours talking down to them following the deal's unveiling. 

Kushner, President Donald Trump's son-in-law and senior adviser, crafted the plan. In an interview with CNN on Tuesday, Kushner urged Palestinian leaders to "do what's best to try to make the Palestinian people's lives better."

See the rest of the story at Business Insider

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SEE ALSO: Trump's Middle East 'peace plan' was immediately rejected by Palestine. Critics said it's a PR stunt for Netanyahu ahead of an election.

The White House reportedly threatened John Bolton to stop him from publishing his book

Posted: 29 Jan 2020 09:43 AM PST

John Bolton AP Photo/Alex Brandon

  • The White House on Wednesday sent a formal threat to John Bolton to prevent him from publishing his upcoming tell-all book, reports say.
  • The former national security adviser's book, titled "The Room Where It Happened: A White House Memoir," is expected to undermine President Donald Trump's impeachment defense.
  • This move comes as Trump and his allies are lashing out at Bolton, characterizing him as part of a "deep state" dead set on ousting the president.
  • Visit Business Insider's homepage for more stories.

The White House on Wednesday formally threatened former national security adviser John Bolton to prevent him from publishing his tell-all book, "The Room Where It Happened: A White House Memoir."

The news was first reported by CNN and confirmed by Axios.

See the rest of the story at Business Insider

NOW WATCH: Extremists turned a frog meme into a hate symbol, but Hong Kong protesters revived it as an emblem of hope

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