 South Korean doctors plan to go on strike to protest government plans to train more doctors amid coronavirus cases spikes
Kim Hong-Ji/Reuters
Doctors in South Korea plan to go on strike to protest government plans to train more doctors to be better prepared for public health crises like the coronavirus pandemic.
The Korean Medical Association (KMA), which helped organise the protest, says the country already has more than enough physicians.
The walk-out plans come as the country reported 103 new coronavirus cases, of which 85 were domestic, the most locally transmitted cases since March 31.
Visit Business Ins
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Elon Musk seems furious that SpaceX has to split Space Force contracts worth billions with his nemesis, ULA
AP Photo/Susan Walsh
SpaceX recently won a 40% share of a prized agreement with the Space Force to launch classified US payloads into orbit.
But the rocket company, founded by Elon Musk in 2002, remained curiously silent for days after the announcement.
Musk broke the silence on Thursday by accusing rival United Launch Alliance, which won a majority of the rocket contracts, of being "a complete waste of taxpayer money."
Tory Bruno, ULA's CEO, responded to Musk by congratulating SpaceX on i
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The Justice Department accused Yale University of discriminating against Asian American and white applicants
Michelle McLoughlin/Reuters
The Justice Department accused Yale University of discriminating against Asian American and white applicants, which violates federal civil rights law.
The allegation came as a result of a federal investigation, which also found that Yale uses race as a factor in multiple steps of the admissions process and that Yale "racially balances its classes."
"Yale's race discrimination imposes undue and unlawful penalties on racially-disfavored applicants, including i
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China is far behind and is 'never gonna catch up' with the Phase 1 trade agreement with the US, an expert says
Kevin Lamarque/Reuters
Scott Kennedy of the Center for Strategic and International Studies, told CNBC's Squawk Box that China may never catch up with its commitments under the Phase One trade deal with the United States.
He said: "If it's really based on the genuine commitments that they inked in January, they're far behind and they're never gonna catch up."
China and US signed the deal in January after more than a year of trade disputes.
But tensions between both countries have incr
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'Fortnite' maker Epic Games just set an antitrust trap for Apple, and Tim Cook walked right into it (AAPL)
Epic Games
Apple on Thursday removed the popular game "Fortnite" from the App Store and, in doing so, fell right into the trap set by the game's maker, Epic Games.
Epic set its snare by intentionally breaking one of Apple's rules, offering "Fortnite" players an alternative way to pay for its virtual currency than through the App Store.
Apple's response of banning "Fortnite" is likely to help Epic win a public-relations battle — and served as a case in point for the lawsuit it immediat
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Trump has dealt seniors, who represent 23% of registered voters, 2 devastating blows in a matter of days
Getty
President Donald Trump said he would block new funding for the US Postal Service because of mail-in voting which he claimed benefits Democrats, The Wall Street Journal reported.
However, the move could negatively impact seniors who rely on the US Postal Service to deliver their medications.
It's the second move that negatively impacts senior residents that the president has made in a few days.
Trump also promised to scrap the payroll tax if he's reelected. The
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10 things in tech you need to know today
MANDEL NGAN/AFP via Getty Images
Good morning! This is the tech news you need to know this Friday. Sign up here to get this email in your inbox every morning.
The developer behind 'Fortnite' is suing Apple after the iPhone maker yanked the game from the App Store. Epic Games said it was offering players the option to bypass Apple and Google to provide more choice and to allow them to save money.
Epic Games also sued Google over its decision to boot 'Fortnite' from the Play Store. Goog
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The best hotels in Philadelphia
From Independence Hall to the Rocky steps, Philadelphia is full of iconic landmarks that entice everyone from history buffs to culture lovers and casual tourists.
The city's thriving hotel scene offers a myriad of accommodations from budget-friendly B&Bs in classic townhouses dating back to the 1850s, to sleek luxury enclaves with panoramic views.
Our top hotels range from $115 to $305 to start (plus one worthy splurge) and were selected based on our travels, excellent amenitie
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Coronavirus has created less of a need for 'cold hard cash' as Americans move to contactless payments
Reuters
Since the coronavirus pandemic has discouraged any unnecessary contact, 54% of Americans surveyed have concerns about touching cash, with many Americans making the switch to contactless payment.
While "it will take years before the U.S. resembles Asia" with the availability of contactless payments, the pandemic has made it more commonplace.
Consumers shouldn't expect the U.S. to go entirely cashless anytime soon, as big cities have banned the practice of card-only businesses.&
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The USPS is shutting down mail sorting machines crucial for processing absentee ballots as the 2020 election looms
Ben Margot/AP
The United States Postal Service is deactivating mail-sorting machines at processing centers across the US.
At least 19 sorting machines — which can process 35,000 pieces of mail per hour — have been dismantled and removed in recent weeks, Motherboard earlier reported.
The Iowa Postal Workers Union also voiced concerns that sorting machines are being dismantled last week in a letter to Postmaster General Louis DeJoy, a top Trump donor who has implemented sweeping c
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Kamala Harris' biggest weakness is now her strength
Hello, everyone! Welcome to the new edition of Insider Today. Please sign up here.
QUOTE OF THE DAY
"She's certainly not hostile to capitalism. She's solidly in the left-center of the party, which is what I think this country needs right now." — Ralph Schlosstein, co-Chief Executive Officer of Evercore Inc., a Wall Street investment bank, talking to Bloomberg about Kamala Harris.
WHAT'S HAPPENING
Business Insider / Andy KierszSee the rest of the story at Business InsiderNOW WATCH:
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 Tesla Stock to Split 5 to 1... Another Smokescreen?
Yesterday, Elon Musk made what will surely be one of this year's most impactful announcements pertaining to Tesla's (NASDAQ: TSLA) stock. Is Elon Musk truly a man of the people or is there an ulterior motive for the split?
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A White House report claims that roughly 81% of coronavirus job losses are likely to be temporary
Associated Press
A report released Thursday by the White House Council of Economic Advisers said that roughly 81% of coronavirus job losses are likely to be temporary.
The report found that the historic policy actions from the federal government in the wake of the coronavirus pandemic "ameliorated a stark economic contraction while improving expectations for a recovery in 2021."
Specifically, the report highlighted the Payroll Protection Program as one that helped stabilize the labor
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The net worth in America by age, race, education, and location
Louise Beaumont/Getty Images
The average American family has a net worth of $102,700, according to the most recent data from Federal Reserve's 2016 Survey of Consumer Finances.
The median net worth tells a very different story. According to that same data, the median family has a net worth of $52,700.
Many factors contribute to net worth, including bank account balances, investment assets, and even real estate.
A family's average net worth varies across age, race,
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Tesla has surged 20% since it announced a stock split 2 days ago (TSLA)
Reuters
Tesla has rallied since announcing on Tuesday that it would enact a 5-for-1 stock split at the end of August.
Shares of the automaker jumped 13% on Wednesday and climbed as much as 6% on Thursday.
The stock split doesn't change anything about the company fundamentally but should appeal to smaller investors.
Watch Tesla trade live on Markets Insider.
Read more on Business Insider.
Tesla has rallied as investors cheer the company's announcement that it will split its stock at t
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The Uplift standing desk is one of the best additions I've made to my work-from-home setup
I've been using the Uplift Desk since 2018 after getting tired of sitting all day.
The base price isn't cheap at $629 and add-ons will get the price even higher, but it's been an investment into my productivity and overall health as someone who used to sit for hours.
See more: The best standing desks
Product Embed: Product Name: Uplift V2 Standing Desk Card Type: small
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The best wood stains
Wood stain adds rich color to all sorts of wood, bringing out natural grain, and refreshing the appearance of older materials that have faded with time and exposure to the elements
Use care when deciding whether to use an oil-based wood stain or a water-based stain. Both have their pros and cons, and one will usually be more suitable for a given project.
Varathane Fast Dry Interior Wood Stain is our choice for the best wood stain because dries in just one hour and usually requires just one c
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The best microwaves
Panasonic's NN-SN65KB Microwave is our choice for the best all-around microwave for most kitchens.
It's a simple design, a standard size, and it heats evenly enough to accommodate most dishes.
Since their inception in the 1940s, microwave ovens have come a long way from the absurdly expensive, six-foot-tall, 750-pound behemoths of WWII-era technology they once were.
When hunting for a microwave, consider what you'll be using it for and where it will live, and then decide on how many func
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If you're planning a home-improvement project, it could be time to open a new credit card to earn rewards or get 0% APR
This page includes information about the Discover it® Cash Back product, which is currently not available on Business Insider and may be out of date.
MoMo Productions/Getty Images
If you're sprucing up your space, make sure to think long and hard about how you'll pay for the project.
Covering for your home or landscaping remodel with a credit card can yield some significant benefits, including 0% APR, cash back, or travel rewards.
Some of the best rewards credit cards let y...
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The Apttus Story: The Scandalous Rise & Fall of a Startup CEO
When employees showed up to work at Apttus' San Mateo headquarters on July 2, 2018, they were shocked to learn that the startup's longtime CEO, Kirk Krappe, was no longer at the company. It didn't take long before rumors about Krappe's disappearance were swirling through the company's offices.
With promises of an eventual IPO, Krappe sold employees, customers, and investors on a Silicon Valley dream that in hindsight appeared to have been only loosely based in reality. Instead of a hot startup,
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 Even The Judiciary Isn't Immune From Anti-Mask Sentiment — See Also
Wearing A Mask Is Apparently Too Hard For This Judge: And he's apparently ordering lawyers appearing in his court to de-mask.
Are You Going To Hit Your Hours Requirement? Or have partners taken all your hours.
What's Going On With The Florida Bar Exam? Who's to say, really? I mean it's only happening next week.
From Clerk To Federal Judge In One Year? That seems... deeply problematic.
Birthers Shoot Their Shot At Kamala Harris: Yes, it is a racist attack.
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The best sanders
Sanders help you create smooth, evenly finished surfaces without the drudgery of working with a piece of handheld sandpaper.
Not all sanding jobs call for the same sanders, though. We found the best sanders across multiple tool categories to help you tackle any and all sanding with maximum efficiency.
Whether you need a belt sander, a file sander, a manual sander, a detail sander, or a wall sander, we have a pick for you.
One of the best pieces of furniture my wife and I ever bought
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Vocal critics of the US pandemic response are emerging: it's central bankers
Reuters
Presidents of Federal Reserve Banks in major American cities are speaking out about the poor federal response to the pandemic, saying that it eliminates any potential of a quick economic recovery.
The president of the San Francisco Federal Reserve said on Wednesday that the economy may never recover from the pandemic — and eliminating aid like $600 unemployment benefits only underscores that.
On the same day, the president of the Boston Federal Reserve said the US response to
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22 useful home and kitchen products that got their start on Kickstarter
Products like Blink security cameras and Gravity weighted blankets may be everywhere now, but once upon a time, they were just a crowdfunding campaign on Kickstarter.
They're among many other cool home and kitchen products that drew widespread attention and funding on Kickstarter.
Read more: Handy cooking tools we rely on in our own kitchens
If not for Kickstarter, we wouldn't be able to effortlessly grow our own herbs at home and use said herbs with a sous vide
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US airlines are banning vented masks, which the CDC says don't stop COVID-19 (DAL, AAL, UAL, LUV)
Valery Sharifulin\TASS via Getty Images
American Airlines is the latest US carrier to ban masks with valves or vents on them, keeping in line with updated guidelines from the CDC.
Masks with valves allow exhaled air to flow unhindered through the vents, which can mean that respiratory droplets containing COVID-19 virus can reach others.
In general, passengers can still wear valved masks, if they cover them with a second, non-vented mask.
Visit Business Insider's homepage for more stories.
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Trump leans into off-the-wall race-baiting in remarks about American suburbs as Biden's electoral fortunes rise
JIM WATSON/AFP via Getty Images
In an effort to bolster his campaign less than 100 days before Election Day, President Donald Trump is leaning into off-the-wall race-baiting — a tactic that seems out-of-touch in the 21st century.
The president once again attacked an Obama-era fair-housing regulation during a press conference on Wednesday, and he made an off-hand remark pointing to the lack of diversity in the American suburbs.
His dependency on race-baiting tactics is also evident aft
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Cadillac will charge a subscription fee for Super Cruise, its answer to Tesla's Autopilot, after the trial period ends
General Motors
Super Cruise is General Motors's answer to Tesla's Autopilot: an advanced driver-assistance feature.
The first three-year trials of Super Cruise expire soon and GM will begin charging customers a subscription fee to keep it activated, reports Motor Trend.
It's not clear how much the subscription will cost.
Visit Business Insider's homepage for more stories.
Super Cruise — General Motors's answer to Tesla's Autopilot — launched in late 2017 on the 2018 Cadillac
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48. The Fight for the McDonald's Franchise
Crystal Cox/Business Insider
In 1969, Cleveland's Black residents boycotted McDonald's. For weeks, the company's leadership had been locked in a stalemate with Black activists over who should own and operate the local franchises. It was all part of a bigger movement, whose goal was to build economic power in Black communities through Black-owned businesses. But 50 years later, how are the Black franchisees at McDonald's faring? Were the golden arches a golden ticket to economic equality?
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49. Making Nathan's Famous
Crystal Cox/Business Insider
Nathan's Famous turned the hot dog into a symbol of July 4th. But the story of how that happened says a lot more about America than just its love of a good BBQ. It's immigrants striving for the American dream, hucksters spinning tall tales, underdogs fighting against the odds. The good, the bad, and the ugly of the US stuffed through a meat grinder, bigger and better than Nathan's ever dreamed.
Reported and produced by Julia Press, with Charlie Herman
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The best tool kits for DIY home projects
With a good set of tools, you can repair a crooked cabinet, hang a shelf or picture frame, tune up your bicycle, or fix a leaky pipe under the sink.
The Stanley 65-Piece Tool Kit is our top choice because it has only the tools you need and each item is well-made.
One of the best gifts I have ever received was something I didn't know I needed: A basic tool kit, gifted when I left for college. Over the subsequent four years, I used the screwdrivers, hammer, pliers, measuring tape, and other
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The richest people in America, ranked
Clodagh Kilcoyne/Reuters
The 16 richest Americans in the Bloomberg Billionaires Index and Forbes Billionaires List are collectively worth more than $1 trillion.
While tech moguls continue to dominate the top ranks, inherited wealth, like in the Walton family, also makes a strong appearance in the list.
Bill Gates and Warren Buffett maintain their lead in the top five despite being the two most generous people on earth
Visit Business Insider's homepage for more stories.
All net wor
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54. Will The Real Mr. Oreo Please Stand Up?
Crystal Cox/Business Insider
This week, we're teaming up with the podcast Proof from America's Test Kitchen to bring you an Oreo story with three delicious parts. First, the longstanding rivalry between two biscuit makers that gave birth to the world's favorite cookie. Then, one little girl's brave choice (risking divine punishment!) to taste the famous creme filling. And finally, a full-scale investigation into who really invented that creme filling — and how one "Mr. Oreo" got all
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The Biden campaign raised $26 million in the 24 hours after he announced Kamala Harris as his running mate
Drew Angerer/Getty
Joe Biden's presidential campaign raised $26 million in the 24 hours after he named Kamala Harris as his running mate, the former vice president told a fundraising Zoom call Wednesday night.
Among the contributors were 150,000 first-time donors, Biden added.
That number means the campaign may match or exceed what President Donald Trump and the Republican National Committee will raise for all of August, CNN reported.
Visit Business Insider's homepage for more storie
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Instagram will start asking suspicious accounts to verify their identity with a government ID (FB)
Getty Images / picture alliance / contributor
Instagram will begin requiring accounts it deems suspicious to verify their identities using a government-issued ID.
In its blog post, Instagram says this move is meant to help the company understand when accounts are "attempting to mislead their followers" and keep the Instagram community safe.
"This includes accounts potentially engaged in coordinated inauthentic behavior, or when we see the majority of someone's followers are in a different c
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55. The Polaroid Revolutionary Workers Movement
Crystal Cox/Business Insider
When two employees at Polaroid discovered their company's technology was being used by the South African government to help enforce apartheid, they protested and called for an international boycott of their employer until it withdrew from that country. It was one of the first anti-apartheid protests against a major U.S. corporation and the beginning of the broader divestment movement that followed. Polaroid's leadership responded with steps it thought could help Bla
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50. Let's Talk About Tampax
Crystal Cox/Business Insider
How do you advertise a product that's taboo? When Tampax became the first commercially-produced tampon in 1933, no one wanted to talk about menstruation. So the company embraced education as advertising. It's a strategy that grew from door-to-door sales campaigns to middle school sex ed classes across the country today. But what does it mean when corporations lead the conversation about menstruation?
And for more information about
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US stocks closed mixed as investors weigh positive jobs data against stimulus stalemate
Lucas Jackson/Reuters
US stocks traded mixed on Thursday after weekly unemployment claims dipped below 1 million for the first time since the coronavirus pandemic drove historic job losses.
Claims for jobless benefits dropped to 963,000 for the week that ended on Saturday, the Labor Department said. The reading handily beat economists' estimate of 1.1 million claims.
Investors continued to wait for progress in stimulus bill negotiations. House Speaker Nancy Pelosi on Wednesday rebuffed the
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10 things in tech you need to know today
JIM WATSON/AFP via Getty Images
Good morning! This is the tech news you need to know this Thursday. Sign up here to get this email in your inbox every morning.
The Trump administration is asking a court to dismiss the tech industry's legal challenge his executive order taking aim at social media companies. The lawsuit was brought in June by the Center for Democracy and Technology, a group backed by Facebook, Twitter, and Alphabet subsidiary Google, which called Trump's directive "unconstitut
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Wirecard, the fintech behind a $2 billion accounting scandal, leaves the DAX by August 21 after a new rule kicks in
Reuters
German fintech Wirecard will be removed from the DAX blue chip index after a new rule kicks in on August 19.
German stock operator Deutsche Boerse said all German insolvent firms will be removed from DAX, with 2 days trading notice, effective August 19.
Wirecard filed for insolvency in June after an audit revealed a $2 billion-hole in its accounts.
Visit Business Insider's homepage for more stories.
German fintech Wirecard, which was brought down by $2 billion accoun
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47. Drinking Buddies: Jack Daniel and Nearest Green
Crystal Cox/Business Insider
Jack Daniel's is the top-selling whiskey in the world. For more than 150 years, it's been made using time-honored methods that go back to when Jack Daniel made the whiskey himself. (Yes, he was a real person.) But who taught "Mr. Jack" how to make that whiskey? Nearest Green, a formerly enslaved man. Unlike Jack Daniel, though, most people don't know his name, so one woman has made it her mission to tell the world his story one sip at a time.
Produced by Ch
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THEN AND NOW: How Chick-fil-A has changed through the years
Chick-fil-A
In 1946, Chick-fil-A founder S. Truett Cathy opened the Dwarf Grill in Hapeville, Georgia.
Years later, in 1967, Cathy invented the restaurant's original chicken sandwich, a menu item that would catapult his restaurant business to fame and success.
Today, Chick-fil-A has been voted America's favorite fast-food chain, despite a history of controversy over same-sex marriage and other LGBTQ issues.
Visit Business Insider's homepage for more stories.
It's the third-largest fast
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51. Not All Fun and Board Games
Crystal Cox/BI
The original Game of Life was about reaching happy old age, not "Millionaire Acres." And Monopoly was invented by an anti-capitalist who wanted to make a point about landowning and economic inequality. How did these games become the versions we play today? This is the story of how two iconic board games, designed to shape American culture, were instead warped by it.
Produced by Sarah Wyman, with Julia Press and Charlie Herman.See the rest of the story at Business Insider
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52. The Republic of Samsung
Crystal Cox/BISamsung's founder, his son, and his grandson turned a vegetable and dried fish shop into a global superpower and a symbol of South Korean success. But their fight to keep the company in the family has also landed it at the center of some of South Korea's biggest corruption investigations. Now, Samsung and South Korea have to figure out what comes next: Can the company continue without its founding family at the helm? And what would that mean for the country Samsung helped build?&nb
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53. An Essential Oils Investigation
Hollis Johnson/Business Insider
Young Living was one of the first major essential oils companies on the market, helping to launch an industry that is worth billions of dollars today. The company is built on the myth of its founder, whose miraculous medical recovery inspired him to devote his life to alternative medicine. But that story isn't quite what it appears to be, and the people who believe in it sometimes pay a high price. Business Insider investigative reporter Nicole Einbinder uncovers
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29. LaCroix, Canada Goose, and Carhartt are cool. Why?
Some brands aren't cool no matter how hard they try. Others start out cool, but lose their cachet over time. Then there are the brands that somehow, surprisingly turn cool. Without really changing their products, LaCroix, Canada Goose, and Carhartt became the hottest things around. How did that happen?
Produced by Jennifer Sigl with Dan Bobkoff, Amy Pedulla, Claire Tighe, and Sarah Wyman.
Transcript
Note: This transcript may contain errors.See the rest of the story at Business Insider
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33. Muzak listening, and Alexa eavesdropping
We have two stories this week: first, the surprising history "elevator music." Turns out, Muzak was a real company. And then we reveal how much Amazon's Alexa and other smart speakers are really listening — and remembering what we do and say.
Produced by Dan Bobkoff, Amy Pedulla, Jennifer Sigl, and Sarah Wyman, and Carolyn McCulley and Dallas Taylor at Twenty Thousand Hertz, with help from Sam Schneble.
Transcript
Note: This transcript may contain errors.See the rest of the
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21. Crocs: From Punchline to Fashion Line
For years, Crocs were ridiculed as America's ugliest shoes. They've been called "pock-faced," "plastic hoofs," and the "garden gnome of fashion." But now, they're actual fashion, thanks to some help from top name designers and celebrities. Crocs are in. How did that happen? PLUS: Are Crocs edible?
Produced by Sarah Wyman, with Dan Bobkoff and Amy Pedulla.
Transcript
Note: This transcript may contain errors.See the rest of the story at Business InsiderNOW WATCH: Inside London during CO
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24. An International Amazon Mystery
Danielle wanted a copy of "Pride and Prejudice," so she clicked the top result on Amazon. The book that came in the mail was too big with type that was too small. The introduction was laughable. The story of how this book came to be took us halfway around the world.
Reported by Susie Armitage. Produced by Dan Bobkoff, Amy Pedulla, and Sarah Wyman.
Read more:See the rest of the story at Business InsiderNOW WATCH: Why thoroughbred horse semen is the world's most expensive liquidSee Also:
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25. The VW Beetle's Dark Past
The Volkswagen Beetle is a symbol of peace, love, and harmony. It's also a product of Nazi Germany. The story of how the Beetle transformed from Hitler's car to the Love Bug involves a British army major and a surprising team of advertisers.
Reported by Sally Herships and produced by Sarah Wyman with Dan Bobkoff and Amy Pedulla.
Transcript
Note: This transcript may contain errors.See the rest of the story at Business InsiderNOW WATCH: How the Navy's largest hospital ship can help with
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27. Harley-Davidson Rides to Live
Harley-Davidson spent more than a century branding its motorcycles as the bikes for rebels and macho cowboys. They're made in America, for Americans. But Harley's core customers are aging and before long will die out. Younger generations aren't stepping up to take their place. If it wants to keep selling motorcycles, Harley-Davidson is going to have to look outside the U.S. for new buyers, and become a little less American in the process. But that isn't sitting well with its customer base. PLUS:
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22. Martha Stewart in the Middle
Less than a decade after Martha Stewart left prison, she was in court again. It was a three-way fight between Martha, Macy's, and JCPenney that could have played out in a middle school cafeteria. And the fight raised an intriguing question: What exactly is a store? PLUS: One listener tells us why Scrubbing Bubbles was banned from her home.
CORRECTION: An earlier version of this episode misstated the current owner of bathroom cleaner Scrubbing Bubbles. It is S.C. Johnson & Son, not
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6 crucial emails you should send every week to advance your career
Westend61/Getty Images
Staying on top of your inbox can seem like a troublesome time suck, or even a career drain.
But try flipping this email mindset on its head, and use email to proactively fuel success.
You don't have to send memoir-length thank you notes, or even send a whole fleet of emails every day — use small, intentional changes to make a big difference.
Taking the time to summarize an important meeting, sending a quick and specific thank you, and reaching out to a friend c
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WHO: Postpone your dental check-ups and cleanings unless you have an emergency
Justin Sullivan/Getty Images
People should continue to postpone their regular dentist appointments, like those for teeth cleanings and annual check-ups, according to WHO.
Since these appointments involve close contact and procedures that spread small particles in the air, two commons ways to transmit the coronavirus, it's best to avoid them.
Only people with severe pain, physical trauma to the mouth, and excessive bleeding should make dentist appointments, WHO said.
Visit Business Insider'
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