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 2 clear winners emerged after Trump's rift with his own administration over Russia blew wide open
Spencer Platt/Getty Images
The White House's latest public flare-up involves a full-scale spat between President Donald Trump and one of his top cabinet officials on the most hot-button foreign policy issue facing this administration: Russia.
After the president flipped his position on new US sanctions on Russia, Nikki Haley, the US ambassador to the United Nations who announced the sanctions, refused to allow the White House to paint her as "confused."
Meanwhile, Russia stands to benefit f
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Saudi Arabia might not be able to afford its multibillion dollar mega-projects
Jordan Pix / Stringer / Getty Images
Saudi Arabia has invested in a flurry of multi-billion dollar projects.
Most people think it is an extremely rich nation that can afford these projects, even without its oil giant Aramco.
But that may be far from the reality — a list of challenges against the country's budget is growing.
Most headlines with "Saudi Arabia" in them seem to feature a hefty sum of money. A US$500-billion smart city here, a US$200-billion
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Philadelphia authorities are reportedly investigating 'suspicious' death of H.R. McMaster's elderly father
AP Photo/Andrew Harnik
Homicide investigators in Philadelphia, Pennsylvania, are reportedly looking into the death of former national security adviser H.R. McMaster's 84-year-old father, WPVI-TV reported Wednesday night.
McMaster Sr. died after allegedly suffering a head injury in a fall, according to the local news outlet, which cited unnamed sources.
Investigators were also looking into staff members who reportedly told McMaster's family that records related to the elder McMaster's death
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Trump delivered Japan a huge win on one part of the US's upcoming talks with North Korea
Andrew Harnik/Associated Press
President Donald Trump agreed to raise one of Japan's most important political issues with North Korean leader Kim Jong Un.
While meeting with Prime Minister Shinzo Abe, Trump said he would try to resolve the issue of more than a dozen Japanese citizens that were abducted by North Korea in the 1970s.
This is a huge win for Abe, whose support back home has plummeted as Japan fadded into the background on fast-moving talks with North Korea.
But one expert told
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 Ikea is developing a party in a box
As tech giants and high-end audio firms like Amazon and Sonos introduce sophisticated AI-powered sound systems to the audio world, Ikea is going a decidedly more analog route.Its new, multicomponent audio system, called Frekvens, aims to turn homes into party central with a range of decidedly not-smart products. They consist of a turntable, speakers and lighting equipment costing from about $5 to $99. Set for release in June 2019, the line has been in development for about two years and is a col
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Never say never: A Q&AA with Scooter Braun
Scooter Braun is best known as the manager of Justin Bieber, Kanye West, Psy and Ariana Grande, and founder of School Boy Records. But increasingly, the ber-manager has been expanding his SB Projects entertainment and media company to include projects like the CBS procedural "Scorpion." (Its 2011 Bieber documentary, "Never Say Never," grossed $100 million worldwide.) Last month, Braun announced he has teamed with David Maisel, founding chairman of Marvel Studios, to form Mythos Studios. Together
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Tesla's Model 3 struggles have traders paying record prices to protect against a stock drop (TSLA)
Tesla's stock has been remarkably resilient in recent days even as negative headwinds continue to pile up.
Still, traders are paying close to the highest premium on record to protect against a big drop in the company's stock, indicating that worries linger under the surface.
Follow Tesla's stock price here.
Based on how Tesla's stock has reacted to the past week's events, one might think it's downright invincible at this point.
Take Tuesday's price action for instance. Following an
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France's Macron to visit the US as disputes over trade, Iran threaten his bromance with Trump
REUTERS/Stephane Mahe
French President Emmanuel Macron and President Donald Trump have always gotten along, and a trip to the US from Macron may test that relationship as disputes over trade and Iran loom.
"We've built a strong relationship. We disagree on several topics. I'm always extremely direct and frank and he is too. Sometimes I manage to convince him, sometimes I fail," Macron said of Trump.
Trump has given the European Union until May 1 to negotiate permanent exemptions from steel
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Nissan's premium luxury brand Infiniti looks to dethrone Tesla in China
Infiniti
Nissan’s premium brand Infiniti plans to at least triple sales in China within the next five years
The carmaker plans to do this in part by making four additional car models locally and shifting to more electric and hybrid vehicles.
That means Infiniti will aim to boost sales in the world’s biggest auto market to roughly 150,000 vehicles a year, up from 48,000 last year.
BEIJING (Reuters) - Nissan’s premium brand Infiniti plans to at least triple sales i
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Amazon now has 100 million paid Prime subscribers, Jeff Bezos says
Amazon CEO Jeff Bezos said the e-commerce giant has exceeded 100 million paid Prime subscribers and will continue to invest to meet "ever-rising" customer expectations.Bezos noted the milestone in his annual shareholder letter, published Wednesday. The letter is the founder's opportunity to underline his long-term strategy for investors, seeking to bolster their confidence as he continues to plow Amazon's money into expanding internationally, building a brick-and-mortar presence and introducing
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The Las Vegas Golden Knights had never played a game a year ago and are now co-favorites to win the Stanley Cup
Harry How/Getty Images
The Las Vegas Golden Knights, an expansion team that started the season with 200-1 odds to win the Stanley Cup, are now co-favorites.
The Golden Knights success as an expansion franchise has been historic, and it would be unprecedented for them to win a championship this year.
The Las Vegas Golden Knights have had an unbelievable season as an expansion team. One useful metric to put how shocking the team has been, in true Vegas fashion, is gambli
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Drudge Report's ad broker discusses innovation -- no, really! -- and the brand-safety blues
Subscribe to us on iTunes, check us out on Spotify and hear us on Stitcher, Google Play and iHeartRadio too. This is our RSS feed. Tell a friend!Last October when Time magazine compiled its "most influential websites of all time," it put the Drudge Report report squarely at No. 8. Eight! The conservative political news site hovers high in the top ten list of U.S. media publishers of the Marketers' Intelligence Blog, too.And it's true. Personally speaking, when an Ad Age story finds its way onto
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The CFA is the most brutal exam in the world of finance — here's what the questions look like
Digital Trends
More than 100,000 people a year take the exam to earn the Chartered Financial Analyst qualification.
It is notoriously difficult — fewer than 50% of people pass the first level.
Below are seven questions from recent sample papers to give a flavour of the test.
Every year thousands of young people embark on one of the most mentally grueling experiences of their lives by taking the Chartered Financial Analyst (CFA) exams.
The CFA has three levels and is a
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Uber's top choice for chief financial officer is reportedly VMware's Zane Rowe
Ginnette Riquelme/Reuters
Uber is reportedly close to picking VMware Inc's Zane Rowe for chief financial officer.
Rowe is currently the CFO of VMware.
Uber's board of directors has agreed to take the company public in 2019.
Uber Technologies has picked VMware Inc's Zane Rowe as the top candidate for chief financial officer to lead preparations for the ride-hailing company's initial public offering in 2019, Bloomberg reported on Wednesday.
The Silicon Valley startup is in advanced talk
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Apple might have a new iPhone SE in the works (AAPL)
Apple
Apple raises hopes of next-generation iPhone SE with regulatory filing in Russia.
The filing lists 11 new iPhone models, and tech bloggers think there's pretty good chance the iPhone SE will be relaunched as a cheaper alternative to the iPhone X.
The iPhone SE is a popular model and is selling well in emerging markets like India.
Apple has raised hopes that it might be preparing a new iPhone SE after tech bloggers seized on a filing by the company on Wednesday.
In a Russian-lang
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Wyoming school district that Betsy DeVos said needed guns to fight off grizzly bears to actually get guns
Jonathan Ernst/Reuters
The Wyoming school district where U.S. Education Secretary Betsy DeVos suggested that teachers might need to be armed to protect children from grizzly bears voted Tuesday on doing just that.
The 4-2 vote by the Park County School District No. 6 board in the town of Cody near Yellowstone National Park came after more than six months of discussion and debate.
In some rural areas including much of Texas, school officials have been quietly arming teachers for years to def
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Trump lavished praise on China's president while ignoring their escalating trade fight
Thomas Peter-Pool/Getty Images
President Donald Trump said Xi Jinping has helped the US more than any Chinese president in history.
This would include the leaders who took part in the first diplomatic visits and normalizing of relations between the US and the People's Republic of China.
The comments also come as a surprise as Trump is currently spearheading an escalating trade fight with China.
President Donald Trump said his Chinese counterpart Xi Jinping has helped the US more than a
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Taiwan calls Chinese military drills near its border 'military intimidation' as tensions heat up
Wikimedia Commons
China has conducted live-fire military drills along its southeast coast after increasingly stern warnings by Beijing for neighboring Taiwan to toe the line, but the exercises were surprisingly low-key.
State television only showed pictures of helicopters, with no mention of ships or other military equipment such as tanks or amphibious assault vehicles.
Taiwan's China policy-making Mainland Affairs Council said on Thursday the drills - which it described as routine an
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Facebook is changing its terms to protect 1.5 billion fewer users under the EU's new privacy regulations
AP
Facebook has confirmed that it's making a change to its terms of service ahead of the implementation of GDPR, which takes effect on May 25.
Under the change, 1.5 billion fewer Facebook users will be protected by GDPR. The change affects those who live outside the United States and Canada, but don't reside in an EU country.
This implies that Facebook is striving to reduce its exposure to GDPR, which will allow European regulators to fine companies that collect or use
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7 reasons to consider the Chase Sapphire Preferred credit card over the Sapphire Reserve
The Insider Picks team writes about stuff we think you'll like. Business Insider may receive a commission from The Points Guy Affiliate Network.
flickr/scallop_holden
The Chase Sapphire Preferred is one of the most recommended rewards credit cards. So is its beefier, premium-geared sibling, the Chase Sapphire Reserve.
While the Sapphire Reserve undoubtedly offers fantastic benefits and value, the Preferred has a few advantages, including a lower annual fee that's waived the first
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Trump puts Kim Jong Un on notice before face-to-face meeting: 'I will leave' if talks are not successful
CNN
President Donald Trump said he would "remain flexible" in upcoming talks with North Korea, leaving open the possibility that he would scrap the summit with leader Kim Jong Un, if necessary.
Trump said that "if we don't think that it's going to be successful ... we won't have it."
The president also floated the possibility of leaving Kim during the summit, if it comes to that.
President Donald Trump said he was going to "remain flexible" and left open the possibility of shelving hig
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 What's New On Above The Michael Cohen? — See Also
MICHAEL COHEN GETS BENCHSLAPPED: I'm starting to wonder if Michael Cohen is actually a plant. From Russia's enemies.
CAMBRIDGE POLICE ASSAULT NAKED HARVARD STUDENT: The dangers of going to school in Boston -- well not in Boston, near Boston -- while black.
KENTUCKY IS TRYING TO KILL LEGAL AID FUNDING: Maybe they're just holding legal aid positions open for Neil Gorsuch?
AN INTERVIEW WITH DERA NEVIN: Would you like to travel to 15 different countries to talk about legal technology?
WI
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New York's attorney general is making a bold proposal to circumvent Trump's pardon power
Associated Press/Pablo Martinez Monsivais
The New York attorney general, Eric Schneiderman, wants to amend the state's law to allow for the prosecution of people who have been pardoned by the president in federal investigations.
Currently, New York law has a "double jeopardy" clause which protects people from being tried for the same crimes more than once.
In other words, if someone is pardoned for a federal crime — like conspiracy, money laundering, or obstruction of justice —
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6 details you may have missed on the latest 'Riverdale' episode
Katie Yu/The CW
Warning: Spoilers ahead for season two, episode 18 of "Riverdale," titled "A Night to Remember."
Opening night for "Carrie: The Musical" turned into tragedy on Wednesday's episode of "Riverdale."
The Black Hood returned from the "dead" to murder Midge and threaten the town with terror, all during Riverdale High's musical production. The musical — a very real show that flopped on Broadway — is based on Stephen King's novel and the 1976 movie of the same name. The CW
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Marketer's Brief: Save room in your fridge for Mayochup
Welcome to the latest edition of Marketer's Brief, a quick take on marketing news, moves and trends from Ad Age's reporters and editors. Send tips/suggestions to apasquarelli@adage.com.Visa kicks it with Zlatan IbrahimoviPro soccer player Zlatan Ibrahimovi is headlining Visa's new global campaign ahead of the 2018 FIFA World Cup Russia, which Visa is sponsoring. Ibrahimovi has it going onhe's won 33 trophies, speaks five languages, and has 31 million followers on Instagram.
Continue reading at A
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 Business Start Up Checklist
Small Business Start-Up Checklist: takes the mystery out of how to start a new business. It lists the steps you need to take when starting a new business.
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Email Marketing Basics
Confused about how to best use email to reach your customers? Get the most out of email marketing for your business with this back-to-basics guide.
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Here's how much US currency there is in circulation
Getty Images
There is a total of about $1.5 trillion in U.S. physical currency in circulation.
Roughly 80% of this value comes from the 11.5 billion $100 notes.
Each year, 70% of new bills are used to replace older notes going out of circulation.
When you think about it, the journey of each individual currency note is pretty incredible.
After being printed or minted, each bill is then passed between people and businesses to facilitate transactions. If it’s a $1 or $5 bill, it ch
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How to Start a Business
Do you have an idea for a business? Learn how to start a business the right way with this 5-step guide. It will help you look at information that may impact the future success of your new business.
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Is Your Advertising Working?
Are your advertisements working? How do you know which ads are working and which ads aren't? Use these tips to find out and avoid wasting your advertising budget.
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'I'll never beat that record': Trump praises Barbara and George HW Bush's 73-year marriage
CNN
President Donald Trump offered his condolences to the family members of former first lady Barbara Bush who died on Tuesday at age 92.
Trump also gave a self-deprecating comment in light of the decades-long marriage between Barbara and former President George H.W. Bush.
President Donald Trump offered his condolences following the death of former first lady Barbara Bush, and added a self-deprecating comment in light of the decades-long marriage between Barbara and former President Geo
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 It's the Economy, Stupid
Putin ordering officials to "tone down" anti-U.S. rhetoric, BofA's latest business move, and Starbucks' bias training... It's always about the economy.
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5 Ways Small Businesses Can Improve Their Marketing Results
Small businesses don't have the luxury of being able to test numerous marketing campaigns since they are usually working with a very tight budget. Here are several ways small businesses can improve their marketing techniques without spending a lot of money.
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NBA video-game league to stream exclusively on Amazon's Twitch
The National Basketball Association's new professional video-game league has signed a multiyear broadcast contract with Twitch, the streaming service owned by Amazon.The NBA 2K League, a joint venture with Take-Two Interactive Software, will live-stream all its video basketball games free through Twitch, the NBA said in a statement Wednesday. That's as many as 199 games throughout the season, including tournaments, playoffs and the finals. Games will also be free on demand after their conclusion
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What you need to know on Wall Street today
Welcome to Finance Insider, Business Insider's summary of the top stories of the past 24 hours. Sign up here to get the best of Business Insider delivered direct to your inbox.
Morgan Stanley posted a huge first-quarter earnings beat on Wednesday morning.
The bank reported adjusted earnings of $1.45 a share, a 45% increase from last year and well ahead of analyst expectations of $1.28 a share. Here are the key numbers (emphasis added):See the rest of the story at Business Inside
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Morning Docket: 04.18.18
* President Trump seems to be addicted to lawyers, and maybe someday he'll be able to find another one like Michael Cohen who is "willing to sacrifice reputation, sanity, and perhaps a paycheck" to defend him. [Politico]
* Proskauer Rose and Jane Doe, the partner who sued the firm in a $50 million gender bias lawsuit, will be entering mediation to see if they can reach a settlement. At the same time, limited discovery will take place as to whether Doe is an "employee" under the anti-discrimin
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Cuba's first non-Castro leader since 1959 has officially been nominated
Thomson Reuters
HAVANA (Reuters) - Miguel Diaz-Canel was proposed in Cuba's parliament on Wednesday as the sole candidate to replace Raul Castro as president, which will make him the island's first non-Castro leader since the 1959 revolution.
Castro, 86, is stepping down after 10 years in office. The National Assembly was due to vote later in the day on the proposal to replace him with Diaz-Canel, a 57-year-old engineer who is currently first vice president.See the rest of the story at Busines
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Chilling photos of San Francisco after the 1906 earthquake and fires set the city ablaze
"When San Francisco Burned" by Douglas L. Gist
On the morning of April 18, 1906, people living in the San Francisco Bay Area awoke to an earthquake. It lasted only a minute, but its consequences would devastate the region.
Louis P. Selby, an amateur photographer, was working in his family's confectionery shop on Market Street when the greatest natural disaster that ever hit San Francisco occurred. Selby grabbed a camera and took to the streets to document the aftermath of the 1906 earthquake.
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Watch the newest ads on TV from NBA partner Kumho Tire, Finish Jet-Dry and more
Every weekday we bring you the Ad Age/iSpot Hot Spots, new TV commercials tracked by iSpot.tv, the real-time TV ad measurement company with attention and conversion analytics from more than eight million smart TVs. The ads here ran on national TV for the first time yesterday.A few highlights: Finish Jet-Dry, the rinse aid for dishwashers, presents a TV ad with a "skip" buttonbut it's not the type of skipping you may be thinking of. Poshmark, the free app designed to make it easy to "buy & sell f
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Starbucks' training shutdown could cost it $16.7 million in lost sales
Starbucks, scrambling to restore trust after the arrest of two black patrons at a cafe in Philadelphia, announced Tuesday that it's going to close more than half its stores in the U.S. next month for an afternoon of bias training.That could set back the company, which booked $22.4 billion in revenue last year, $16.7 million in lost sales, according to Bloomberg News calculations.Starbucks is shutting its so-called company-operated stores temporarily on the afternoon of May 29the day after Memori
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'They're still here': Trump slaps away question on whether he plans to fire Mueller or Rod Rosenstein
Lynne Sladky/AP
President Donald Trump did not answer whether he would fire special counsel Robert Mueller or Deputy Attorney General Rod Rosenstein, and instead, pointed to the fact that they had not yet been dismissed.
"They’ve been saying I’m going to get rid of them for the last three months, four months, five months, and they’re still here," Trump said.
Trump added that there was "no collusion,” between his campaign and Russia, and that “we are giving trem
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Freight costs are soaring
Scott Olson/Getty Images
The Cass Expenditure Index, which tracks the amounts spent on freight, soared 15.6% in March.
Shipment volumes in the US surged 11.9% year-over-year.
That's the highest shipment volume in the US in more than 10 years.
Trucking, rail freight volume and rates surge, “pricing power has erupted.”
Shipment volumes in the US by truck, rail, air freight, and barge combined surged 11.9% year-over-year in March, according to the Cass Freight Ind
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'Riverdale' brought the murderous Black Hood back from the 'dead' — here's what that probably means
Robert Falconer/The CW
Warning: Spoilers ahead for season two, episode 18 of "Riverdale," titled "A Night to Remember."
The Black Hood has made a horrific return to "Riverdale."See the rest of the story at Business InsiderNOW WATCH: Jared Kushner and Ivanka Trump tried to cut a secret deal with Planned Parenthood — here's what happenedSee Also:REVIEW: 'Westworld' fans will love the violent delights and new mysteries offered up on season 2How realistic fake foods are made for TV and moviesThe...
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Tesla is teaming up with BP on an energy storage project
Screenshot via Tesla
Tesla announced an energy storage project that includes the help of BP.
This is part of a larger trend away from fossil fuels.
Tesla's project is a perfect opportunity for BP to turn over a new leaf.
One of the world’s biggest oil industry supermajors has teamed up with the global leader in electric cars in a new business venture and pilot project. British Petroleum (BP) has joined forces with Tesla to build the oil company’s first battery s
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Investigators ask the public for any footage they have of the Southwest plane's engine explosion (LUV)
NTSB / Reuters
The National Transportation Safety Board is looking for photos and videos of the Southwest Airlines Boeing 737 that made an emergency landing after an engine exploded on Tuesday.
The agency made the request on its Twitter account on Tuesday.
If you have photos or videos of the flight, you can send them to witness@ntsb.gov.
The National Transportation Safety Board is looking for photos and videos of the Southwest Airlines Boeing 737 that made an emergency landing after an
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