• Jaymes O'Pheron is an entrepreneur who has lived all over the world.
• He and his wife moved from Washington state to Fargo, North Dakota, in 2021.
• O'Pheron said the Midwest locale is his favorite because of its strong community.

This as-told-to essay is based on a conversation with Jaymes O'Pheron, a 34-year-old entrepreneur who moved from Aberdeen, Washington, to Fargo, North Dakota, in 2021.

The Fargo-Moorhead area, home to about 261,000 people, has seen a significant population uptick in recent years and is expected to reach almost 340,000 people by 2045, a 35% growth rate, according to the Fargo-Moorhead Economic Development Corp.

My family is a bit odd. I'm the oldest of eight and grew up in a very sheltered, religiously-minded family. I spent most of my childhood in Washington state, outside Vancouver and across the river from Portland. When I was 17, my dad got a job in Texas, so we moved South.

After that, we deliberately decided as a family to leave America. We picked Ireland because, at the time, it was the last English-speaking nation that did not allow abortion. We wanted to support that.

I absolutely loved Ireland. The weather, the people, the history, the language, the food, the music, the pace of life, the cities, the way it's designed — it's very communal.

After four years in Ireland, though, some personal issues led me to move back to Washington in 2012. I met my wife in Aberdeen, and we got married in 2018.

But we knew we weren't going to stick around Washington forever. We had been experiencing some health issues that we eventually traced back to mold allergies. We realized we were biologically incompatible with mold and how damp and moldy the Northwest is. We couldn't live there.

We wanted to find a permanent home, so we started researching potential places to move in 2019.

We tried to be intentional about where we ended up. We narrowed it down to a few places with favorable economic and regulatory aspects and a positive culture.

Then, we visited Fargo, and we knew this was the place. We officially moved in May 2021.

Fargo is very friendly to startups

I'm a serial entrepreneur. I can't stop starting things, both nonprofit and for-profit. Right now, I'm primarily focusing on my nonprofit, which is focused on empowering people to be change-makers in their communities.

I'm also a freelance coach for career performance, communication, networking, and burnout prevention.

The community support here in Fargo is incredible. That was hugely important as I was trying to build up my coaching business. I needed a larger metro center to network, but I also needed a regulatory environment conducive to small business startups.

Fargo is a great place for small business startups, a huge part of which is due to the community. The people recognize that we need to support one another. Being an entrepreneur is emotionally difficult and risky. Having people around you cheering you on and having your back is incredibly valuable.

That community support is unique from all the other places I've lived. You can walk out onto the street and make friends with anyone.

We are definitely putting down roots here. We want our great-grandchildren to live here, so we started looking for a place to buy.

We found a beautiful home. I'm on the HOA board. There are a lot of benefits and assistance in North Dakota for people who are first-time home buyers.

In Washington, I was living in a studio apartment. We paid about the same rate here in Fargo for our two-bedroom apartment, which was twice the square footage, just outside downtown.

It's one of the best places in the country as far as the ratio between low cost of living and high-paying jobs goes. The quality of living is high. There are a lot of job opportunities here.

Fargo is my favorite place I've lived

I just love Fargo. It's my favorite of all the places I've lived because I have all my favorite people here. I have better friends here than I've had in my entire life. My favorite part is the community.

When we first drove to Fargo, it felt like we were driving home. There's something about the scale of the city that is very approachable. It is a downtown area with robust activity, but it also has that small-town feel. It feels very safe and welcoming.

We had new friends from church help us move into an apartment immediately. We had met the pastor when we first got to Fargo, and he put out a call to the parish, and they all showed up to help us.

Because it's a college town, there's a lot of youthful energy and idealism. It's also on the border of Minnesota, a blue state. So, Fargo is a true purple city. There's a lot of diversity of thought and opinions. People actually have conversations, which is cool.

The one thing we were anticipating having to adjust to was the weather. We made sure we did all the preparation. We changed our car battery and got the right kinds of tires.

We had a really hard winter our first year there. But it was fun. I shoveled snow from our patio into the bathtub and took an ice bath. The cold weather actually leads to the quality of the community here. People help one another because we're all in it together.

Fargo is growing quickly. One of the issues we're dealing with is where to put all the people. We don't want to create sky-high prices or spread out too far so people can't commute. The city is trying to strike that balance of small-town heart and big-town body that we love so much.

As a burnout coach, I know that the silver bullet is community. We need to be able to connect with people around us authentically. Loneliness is killing us. So, it's a luxury to have people here at Fargo whom I can rely on.

I think others who value community should look at Fargo. It's an amazing place to be.

• The Mega Millions jackpot climbed to $1 billion ahead of a Christmas Eve drawing.
• If someone wins on Tuesday, they will score the seventh-largest prize in the game's history.
• The lump sum cash option is about $448.8 million, according to the Mega Millions website.

One lucky lotto player could wake up to a billion-dollar Christmas morning this year.

The Mega Millions jackpot hit an estimated $1 billion on Tuesday ahead of the Christmas Eve drawing, according to the Mega Millions website.

If someone does score a six-number winning ticket on Tuesday, the jackpot would be the largest prize ever won in December and the seventh-largest in the game's history.

Choosing the lump sum cash option would cut the prize money in half to about $448.8 million, according to the Mega Millions website. Winners can also choose annual payments over time. Mega Millions winnings are subject to state and federal income taxes.

Nobody has won the jackpot since September, when a Texan nabbed $810 million. The pot has continued to climb in the previous 29 drawings.

Several of the largest-ever lotto jackpots have happened in recent years.

A California man won a whopping $2.04 billion Powerball — the largest-ever lotto prize — in 2022. Earlier this year, a different California man claimed a $1.7 billion Powerball prize.

The largest Mega Millions prize, meanwhile, went to a Florida winner last year who won a $1.6 billion jackpot.

The odds of winning the Mega Millions jackpot are about one in 302,575,350, according to the Lotto website.

If someone wins on Tuesday, they wouldn't be the first Christmas Eve Mega Millions winner. A $68 million jackpot was won in 2022, but nobody ever claimed the prize, ABC News reported.

• Taylor Swift has supported her boyfriend, Travis Kelce, at all four Chiefs home games this season.
• She's been photographed at 20 football games total since last September, including Super Bowl LVIII.
• Swift tends to wear Chiefs gear and dress up in the team's red-forward color palette.

Taylor Swift famously sang, "You know I love the players, and you love the game." But when it comes to the Kansas City Chiefs, it looks like she loves them both.

Since Swift began dating NFL star Travis Kelce last summer, she has been spotted cheering at 20 of his games so far, including Super Bowl LVIII.

"I'm just there to support Travis," Swift told Time. "I have no awareness of if I'm being shown too much and pissing off a few dads, Brads, and Chads."

The megastar is back in action for her second NFL season, supporting Kelce and the Chiefs in their first three home games against the Ravens, Bengals, and Saints.

We rounded up the best photos of Swift from each appearance so far.

Swift attended her first game at Arrowhead Stadium in September 2023.

Swift's enthusiasm at her first Chiefs game seemed to confirm her rumored romance with Kelce.

Swift later said they were already an official couple before she watched the Chiefs beat the Chicago Bears.

"This all started when Travis very adorably put me on blast on his podcast, which I thought was metal as hell," she told Time. "We started hanging out right after that. So we actually had a significant amount of time that no one knew, which I'm grateful for, because we got to get to know each other."

"By the time I went to that first game, we were a couple," Swift continued. "I think some people think that they saw our first date at that game? We would never be psychotic enough to hard launch a first date."

For her second appearance, she brought her longtime pal Blake Lively.

Swift and Lively watched the Chiefs defeat the New York Jets at MetLife Stadium in East Rutherford, New Jersey — where Swift had performed three sold-out concerts just a few months prior.

The October game drew the highest viewership for a Sunday TV show since the Super Bowl, NBC Sports reported.

Indeed, Swift's newfound interest in football has been credited with bumping merch sales and enticing more female viewers.

Swift cheered with her boyfriend's mom, Donna Kelce, during a home game against the Denver Broncos.

Shortly before her third game-day appearance, Kelce accused the NFL of "overdoing it" with its wall-to-wall coverage of Swift.

"I think it's fun when they show who all is at the game. I think it brings a little more to the atmosphere, brings a little bit more to what you're watching," Kelce said during an episode of his "New Heights" podcast.

"But at the same time, I think they're overdoing it a little bit," Kelce continued. "For sure, especially for my situation. I think they're just trying to have fun with it."

Swift has struck up a close friendship with Brittany Mahomes, who's married to Kelce's teammate.

Just a few days before the release of "1989 (Taylor's Version)," the rerecorded version of her fifth album, Swift watched the Chiefs take down the Los Angeles Chargers.

She spent the home game cheering with Mahomes and showing off their secret handshake.

Swift wore a black turtleneck and a red teddy coat in Green Bay, Wisconsin.

Swift spent most of November 2023 on the road for the South American leg of The Eras Tour. Kelce even flew to Buenos Aires, Argentina, to watch Swift perform — and received an onstage shout-out in return.

She returned to Kelce's side in early December when the Chiefs took on the Green Bay Packers. It was her first time watching Kelce's team lose.

She wore a vintage Chiefs sweatshirt for the team's next home game.

Swift purchased the '90s sweatshirt from Westside Storey, a secondhand clothing boutique in Kansas City.

The store's owner, Chris Harrington, told Business Insider he originally thought Swift's order — which totaled $1,200 for curated vintage pieces — could be fraudulent.

Instead, she wore one of those pieces at Arrowhead Stadium in December, causing a surge of traffic to Westside Storey's website.

"We've had hundreds of orders over the last 48 hours," Harrington told BI. "Sometimes our online store lights up after a Chiefs game when we win, but this is 100 times more than that, and we lost the game. It was the Taylor effect."

She brought her dad and friends to cheer for the Chiefs in Foxborough, Massachusetts.

Swift hit the road to watch the Chiefs defeat the New England Patriots on the latter's home turf. She even convinced her father, Scott Swift, to swap his traditional Philadelphia Eagles gear for a Chiefs sweatshirt.

Several friends accompanied Swift, including Alana Haim, stylist Ashley Avignone, and backup singer Melanie Nyema.

Swift spent Christmas Day at Arrowhead Stadium.

Even though the Chiefs lost to the Las Vegas Raiders on December 25, 2023, Kelce praised Swift and her family for making the day special.

The singer's brother, Austin Swift, even gave him a sentimental gift while dressed as Santa Claus, Kelce shared on his podcast.

She also spent New Year's Eve cheering for Kelce in Kansas City.

Swift wore a Chiefs varsity jacket for the game against the Cincinnati Bengals, which the home team won.

For her first game of 2024, Swift braved freezing temperatures to high-five fans.

The Chiefs defeated the Miami Dolphins during the fourth-coldest game in NFL history, according to CNN.

That same day, the Chiefs owner praised Swift and Kelce's "purely organic" relationship.

"It's been a very interesting, very fun year having the two of them dating, the attention that's been focused on the Chiefs," Clark Hunt told CNBC. "Our female audience has grown leaps and bounds."

Kelce scored two touchdowns in Buffalo, New York, with Swift in the stands.

Swift joined Kelce's family to watch the Chiefs advance through the NFL playoffs — including his brother, Eagles center Jason Kelce, who lost his shirt in the frenzy.

She saw Kelce and his teammates become AFC champions.

Swift watched the Chiefs beat the Baltimore Ravens in the 2024 AFC Championship Game, securing their spot in Super Bowl LVIII. She even joined Kelce on the field to celebrate the win.

Swift flew from Tokyo to watch the Chiefs play in Super Bowl LVIII.

Swift was widely expected to attend the 2024 Super Bowl in Las Vegas, despite having an Eras Tour stop scheduled in Tokyo the night before.

Sure enough, she made the trip in time to watch the Chiefs take on the San Francisco 49ers, with friends like Lively, Lana Del Rey, and Ice Spice in tow.

The superstar geared up for her second NFL season in September 2024.

Swift was back in Kansas City on the evening of September 5, 2024, as the Chiefs took the field for their first game of the season against the Baltimore Ravens.

She donned an all-denim getup and thigh-high red boots.

Swift wore a vintage Chiefs T-shirt for Kelce's second home game of the season.

Just a few days after attending the MTV Video Music Awards in New York (and giving her boyfriend a shout-out onstage), Swift was back in Kansas City to watch the Chiefs defeat the Cincinnati Bengals.

She also watched the Chiefs beat the Saints at Arrowhead Stadium.

After skipping two of Kelce's games in Atlanta and Los Angeles, Swift returned to Kansas City in style — wearing over $50,000 worth of jewelry and designer clothing — to cheer for the Chiefs against the New Orleans Saints.

The home team won 26-13, their fifth consecutive win of the season.

Swift cheered when the Chiefs beat the Buccaneers with a touchdown drive in overtime.

One day after Swift wrapped the final US leg of the Eras Tour in Indianapolis, she was back in Kansas City to watch the Chiefs take on the Tampa Bay Buccaneers.

Despite a touchdown from the Buccaneers in the final minute of regulation play, the Chiefs rallied in overtime to score a winning touchdown.

The singer was on duty again to watch the Chiefs defeat the Denver Broncos.

Swift wore her typical black-and-red combo for another home game at Arrowhead Stadium, pairing a Victoria's Secret corset with a Versace tweed two-piece set. She was joined in the VIP box by her mother, Andrea Swift.

Swift saw the Chiefs beat the Raiders at home.

Swift arrived at Arrowhead Stadium with Kelce's mom, Donna. The pair cheered as the Chiefs clinched a narrow defeat against the Los Vegas Raiders.

A few weeks later, she watched the Chiefs win again at Arrowhead Stadium.

Swift wore her boldest gameday outfit yet for the Chiefs vs. the Houston Texans, pairing a statement red coat with a faux fur lining from Charlotte Simone with a vintage Chanel bucket hat.

Kelce and the Chiefs beat the Texans 19-27, adding another win to their dominant season. (To date, the Chiefs have only lost three times with Swift in the stands.)

• A new study suggests universal pre-K programs could increase parents' earnings.
• Researchers found that those who enrolled their kids in free pre-K made about 21% more
• Universal pre-K programs have also been shown to help kids' long-term futures.

Universal pre-K has long been thought to boost children's lives and futures, but a new study suggests parents could also reap the benefits of free and early education for their kids.

Economists found that parents who had the opportunity to enroll their children in a universal pre-K program in Connecticut saw increased earnings by about 21% while their kids were in the program, as well as persistent gains for up to six years after.

The study, published in the National Bureau of Economic Research this month, looked at a New Haven pre-K program that provides six and a half hours of free schooling each day to three and four-year-olds, as well as wraparound childcare before and after school.

Parents who were lucky enough to win the school lottery saw several positive economic benefits, according to researchers. In addition to increased wages over time, those whose kids enrolled in the program also got an average of 12 more working hours each week, the study found.

"Parents whose kids have access to reliable, high-quality child care in the pre-K period are more likely to work during that period, and they work more hours," wrote economist Emily Oster in her ParentData newsletter. "This extra work allows them to get on a steeper career path."

The authors of the study similarly chalk it up to career continuity.

"This means that even though everyone eventually ends up working the same number of hours, the group that was able to invest in their career early have higher wages and therefore more income," Oster added.

Historically, parents haven't been required to send their kids to school until Kindergarten in most states. But in recent years, a growing number of municipalities have begun offering schooling for children as young as 3.

Supporters of universal pre-K say the concept gives kids an equal starting position heading into school and opens them up to educational opportunities at a younger age. Opponents, however, point to the high costs associated with providing free childcare.

Several studies in recent years have recorded some of the benefits for kids, including 2021 research that found children who attended universal pre-K are more likely to graduate high school and attend college. The study also pointed to positive behavioral impacts for those students.

The positives go beyond academics, too. A 2017 study found that universal pre-K helps more kids access healthcare, such as earlier detection and treatment for conditions like asthma and hearing and vision problems.

Affordable childcare and universal pre-K could also flush billions of dollars back into the US economy, a 2022 study from left-leaning think tank The Century Foundation found.

President Joe Biden included universal pre-K in the Build Back Better Act, which failed to garner Congressional support back in 2021. The legislation would have allowed three million more parents to either enter the labor force or increase their working hours, the Century Foundation report found.

The new study out of New Haven notably did not find any evidence that universal pre-K programs improve students' future test scores — a finding in line with prior research that suggests the biggest benefits are more long-term, Oster noted in her newsletter.

"In the end: from an economic standpoint, the biggest value to universal pre-K may be that it helps parents return to the labor force and make a better life for their families in the short and long run," Oster wrote. "And of course, that's also good for kids."

• The House of Representatives failed to pass a pared-down spending bill.
• The vote came after President-elect Donald Trump tanked a bipartisan version that looked set to pass.
• The move pushes the government closer to a holiday shutdown.

The House of Representatives on Thursday failed to pass a stripped-down spending bill following a tumultuous 48 hours on the Hill, pushing the government closer to a partial shutdown right before the holidays.

Republicans in the House said they had settled on a new version of the continuing resolution ahead of the vote on Thursday after President-elect Donald Trump tanked a previous spending bill that initially won bipartisan support.

But the final vote was 174-235-1. Thirty-eight Republicans flouted Trump and voted against the continuing resolution.

On Wednesday, Trump came out hard against the original continuing resolution, urging Republican lawmakers to renegotiate the bill and threatening to primary those who failed to fall in line.

The president-elect's apparent turnabout came after billionaire Elon Musk publicly backed the idea of shutting down the government until the day Trump is inaugurated. Musk railed against the resolution, which he said included items unrelated to government funding, such as pay raises for lawmakers and pandemic preparedness.

Musk, who has been tapped to lead the Department of Government Efficiency alongside fellow billionaire Vivek Ramaswamy, celebrated the pared-down spending bill ahead of the failed Thursday vote.

"This shows how much your voice matters!" the Tesla CEO wrote on X. "And having a President like @realDonaldTrump means that your voice is finally heard."

Lawmakers on both sides of the aisle seem to agree that Musk played a major role in killing the original bill. Some have expressed concern about the outsized influence Musk seems to have on Trump. The president-elect, for his part, has pushed back on suggestions that Musk is the one in control.

The continuing resolution that failed to pass on Thursday was smaller in scope than the original legislation. Among the items cut from the bipartisan resolution included funding for a child cancer research program, funding for research on premature labor, money for treatment of sickle cell disease, money for early cancer detection, a program for Down syndrome research, and an anti-deepfake porn bill.

The newer version of the resolution would have kept the government funded through mid-March and suspended the nation's debt ceiling until January 2027.

Trump encouraged Republican lawmakers to back the new version of the bill on Thursday.

House Democrats, on the other hand, expressed frustration about the series of events. CNN reported Thursday that Democrats could be heard chanting "hell no" during a caucus meeting ahead of the vote.

If lawmakers fail to reach an agreement, a partial shutdown would lead to suspended funding for many government entities and withheld paychecks for thousands of federal employees right before the holidays.

• Republicans in Congress withdrew a spending bill after pressure from Elon Musk.
• The bill aimed to keep the government funded through mid-March.
• Trump had also called on Republicans to renegotiate the bill.

Congressional Republicans scrapped a last-minute spending bill that would keep the government funded thought mid-March after a pressure campaign from Elon Musk.

CNN and The Washington Post reported the bill had been killed.

Earlier on Wednesday, Musk wrote in a post on X, "Your elected representatives have heard you, and now the terrible bill is dead. The voice of the people has triumphed!"

The bipartisan bill was backed by House Speaker Mike Johnson, who had said he spoke Tuesday with Musk and Vivek Ramaswamy about their criticisms of the bill. Musk and Ramaswamy are set to lead the Department of Government Efficiency, which will serve as an advisory group to the Trump administration focused on cutting government spending.

In a post on X, Musk endorsed the idea of shutting down the government until January 20, when President-elect Donald Trump is set to be inaugurated.

Shortly after Musk's post, Trump and Vice President-elect JD Vance issued a statement calling on Republicans to renegotiate the bill.

Trump threatened that Republican lawmakers who failed to fall in line would face political consequences.

"If Republicans try to pass a clean Continuing Resolution without all of the Democrat 'bells and whistles' that will be so destructive to our Country, all it will do, after January 20th, is bring the mess of the Debt Limit into the Trump Administration, rather than allowing it to take place in the Biden Administration," Trump wrote on Truth Social.

"Any Republican that would be so stupid as to do this should, and will, be Primaried," Trump added. "Everything should be done, and fully negotiated, prior to my taking Office on January 20th, 2025."

House Majority Leader Steve Scalise told CNN Republicans scrapped the bill after Trump came out against it.

The Biden administration subsequently accused Trump and Vance of "playing politics," hurting "hardworking Americans," and creating "instability" with the last-minute rejection of the legislation.

"Triggering a damaging government shutdown would hurt families who are gathering to meet with their loved ones and endanger the basic services Americans from veterans to Social Security recipients rely on," Press Secretary Karine Jean-Pierre said in a statement. "A deal is a deal. Republicans should keep their word."

Some Democratic senators blamed Musk for the package falling apart, suggesting the billionaire already has an outsized influence on Congress' ability to pass legislation.

Sen. Bob Casey, a Pennsylvania Democrat who lost his re-election bid, told CNN that Wednesday's series of events were "bizarre, disturbing, and dangerous."

"Just the fact they're even talking about this because of a comment by one person that triggers this kind of result, it doesn't bode well for the new Congress or the new administration," he told the outlet.

• A bird flu outbreak has ravaged the world's birds since 2020 and infected cattle earlier this year.
• California Gov. Gavin Newsom declared a state of emergency over the virus this week.
• Health officials also confirmed the first "severe" case of and hospitalization for the H5N1 virus.

The burgeoning global bird flu outbreak continued its flight path across the country this week, with two major developments that point to the virus's increasingly concerning spread.

California Gov. Gavin Newsom declared a state of emergency over the virus on Wednesday, citing a worrying number of infected herds throughout the state in recent months and a need for more resources.

Since the state first identified the H5N1 avian influenza virus in cattle in late August, California's agriculture department has confirmed 645 infected dairy herds.

Newsom's announcement, meanwhile, came just hours after health officials confirmed the first severe case of bird flu in Louisiana, saying a person was hospitalized with an infection after being exposed to sick birds in his backyard.

In recent months, infectious disease experts have grown more and more nervous about the possibility of a human pandemic linked to the virus, even as the Centers for Disease Control and Prevention has maintained that the public health risk for humans is low.

Here's where things stand.

Bird flu outbreak

The H5N1 virus first reemerged in Europe in 2020 and has since become widespread in birds around the world. The outbreak has killed tens of millions of birds and tens of thousands of sea lions and seals in recent years.

Birds carry the disease while migrating and can expose domestic poultry to the virus while never showing signs themselves, according to the CDC.

The virus jumped to cattle herds for the first time ever earlier this year in a major escalation. Then, in October, a pig in Oregon tested positive for the virus, an especially concerning case as swine can host both bird and human flu viruses.

There has been no known human-to-human transmission yet. Still, the growing pattern of mammal-to-mammal transmission has infectious disease experts on guard against the possibility that H5N1 could eventually become a human pandemic.

"If it keeps spreading in animals, then it is eventually going to cause problems for humans, either because we don't have food because they've got to start exterminating flocks, or because it starts to make a jump in humans," Dr. Jerome Adams, a former surgeon general and the director of health equity at Purdue University, told Business Insider in April.

"The more it replicates, the more chances it has to mutate," he added.

The ongoing multi-state dairy cattle outbreak, which is believed to have started in Texas, has infected 865 herds across 16 states, according to the CDC, and has led to a growing number of human cases among US dairy and poultry workers.

The CDC has thus far confirmed 61 reported human cases and seven probable cases across the US, though some scientists estimate that the real number of infections is higher.

More than half of the human cases are tied to interaction with sick cattle. The remaining infections have been traced to exposure to sick poultry or have an unknown origin, the CDC said.

State of emergency

California's Wednesday announcement will give state and local authorities increased resources to study and contain the outbreak, Newsom said.

"This proclamation is a targeted action to ensure government agencies have the resources and flexibility they need to respond quickly to this outbreak," the governor said in a statement.

Earlier this month, the Agriculture Department said it would start testing the nation's milk supply for traces of the virus, requiring dairy farmers to provide raw milk samples upon request. Up until then, cattle testing for potential infections had been almost entirely voluntary.

Dr. Monica Gandhi, a professor of medicine and associate chief of the Division of HIV, Infectious Diseases, and Global Medicine at the University of California, San Francisco, said the declaration will likely give California a greater ability to surveil dairy farms for signs of the virus.

But declaring a state of emergency could be a double-edged sword.

Phrases "like 'state of emergency,' given that we've just been through a pandemic, can induce panic," Gandhi said.

And it's not time to panic yet, she said.

Gandhi praised the CDC's "very measured" messaging around the virus thus far and said health officials are closely monitoring the spread.

• Nissan and Honda are considering a merger to help them compete in the EV industry.
• The news sent Nissan stocks skyrocketing by as much as 24% in early trading on Wednesday local time.
• The Japanese car companies are struggling with slumping profits and stock prices.

Honda and Nissan are set to negotiate a possible merger that could see the two Japanese car heavyweights strengthen their existing ties and increase their collective power locally and globally.

Japanese newspaper Nikkei reported news of the possible merger on Tuesday, adding that the two car companies are hoping their combined resources will help both compete against Tesla and Chinese electric vehicle makers.

The two companies are in talks to set up an umbrella holding company to facilitate a merger, Reuters reported on Tuesday, citing a person with knowledge of the discussions.

"As announced in March of this year, Honda and Nissan are exploring various possibilities for future collaboration, leveraging each other's strengths," a spokesperson for Honda said in a statement to Business Insider on Tuesday.

"We will inform our stakeholders of any updates at an appropriate time," the statement added.

The merger could also include another automaker: Mitsubishi Motors, Bloomberg reported on Tuesday, citing people familiar with the matter. Nissan is Mitsubishi's largest shareholder.

"The contents of the report is not something that has been announced by our company. Nothing has been decided at the moment," Mitsubishi said in a statement to BI.

On Wednesday, Bloomberg reported that the parent company of Taiwanese tech giant Foxconn had approached Nissan to take a controlling stake in the automaker.

Representatives for Nissan and Foxconn did not immediately respond to BI's request for comment.

The news sent Nissan stocks skyrocketing. The company's shares were nearly 24% higher when local markets closed on Wednesday.

The stock's uptick follows a particularly difficult year for the car company. Amid falling profits and decreased sales, Nissan slashed its workforce by 9,000 jobs globally in November in an effort to reduce costs. Nissan's shares are down nearly 25% this year.

The potential consolidation comes after Honda and Nissan agreed to collaborate on EV batteries and software earlier this year.

During Nissan's November earnings call, CEO Makoto Uchida acknowledged that the company had fallen behind, saying the automaker needed to strengthen its competitiveness.

"There are limits if we are to do that alone. So, that had triggered us to engage in partnership with Honda," Uchida said on the call.

Honda investors, however, seemed less thrilled by the news.

The company's shares closed 3% lower on Wednesday. Honda's stock is down by over 15% this year.

December 18, 12:15 a.m. — This story has been updated with statements from Honda and Mitsubishi Motors.

• Dozens of unidentified aircraft have been spotted over military bases, airports, and cities in the US.
• The Pentagon said Monday that DoD has "no evidence" the drone sightings pose a threat.
• A White House spokesperson said the sightings include a mix of commercial, hobbyist, and law enforcement drones.

US officials said on Monday that the mystery drones flying over US military bases, airports, and cities don't pose a threat.

On Monday, White House national security spokesperson John Kirby said that more than 5,000 drone sightings have been reported in recent weeks, but only about 100 required further investigation.

He said the sightings have included a combination of lawful commercial drones, hobbyist drones, and law enforcement drones, as well as some crewed aircraft and stars mistaken for drones.

The House Intelligence Committee was expected to receive a classified briefing on Tuesday over the issue, a source familiar with the matter told CNN.

The drones have been seen flying at night over New Jersey and other East Coast states since mid-November, sparking concern and speculation from officials and citizens.

Kirby told reporters that "our assessment at this stage is that the activity is lawful and legal,"

The federal government has sent advanced technology and additional personnel to assist local authorities and state officials investigating the sightings, Kirby said.

He stressed that the government does not believe the drones represent a threat to national security.

"There are more than one million drones lawfully registered with the FAA here in the US and there are thousands of commercial hobbyists and law enforcement drones that are lawfully in the sky on any given day," Kirby said.

Kirby spoke to reporters on Monday after the Pentagon indicated, drawing an analogy to vehicles that approach the base, it wouldn't shoot at something unless it presented as a "clear and present danger."

The Department of Homeland Security echoed Kirby's statement in a post to X late on Monday.

Pentagon spokesperson Maj. Gen. Pat Ryder said the Defense Department has "no evidence at this time that the reported drone sightings pose a national security or public safety threat, or have a foreign nexus."

"We'll continue to do everything possible to investigate reports of concerning activity," he told reporters Monday. "But given how many drones are lawfully in our skies every day, we need to be careful to avoid assuming malintent or malicious behavior."

President-elect Donald Trump accused the US government on Monday of withholding information about the drones.

"The government knows what is happening," he said during public remarks at Mar-a-Lago. "And for some reason, they don't want to comment. I think they'd be better off saying what it is. Our military knows, and our president knows, and for some reason, they want to keep people in suspense."

"Something strange is going on," Trump said of the recent developments. "For some reason, they don't want to tell the people."

Mayors of 21 towns in New Jersey sent a letter Monday to the state's governor, Phil Murphy, demanding more transparency.

"Despite inquiries made to relevant authorities, we have yet to receive satisfactory answers about the purpose, operators, or safety protocols governing these flights," the letter says.

Where have residents reported seeing drones and unidentified aircraft?

Residents and officials have reported spotting unidentified aircraft, believed to be drones, flying above New Jersey, New York, Connecticut, Maryland, Massachusetts, Pennsylvania, and Ohio in recent weeks.

Murphy, the New Jersey governor, said late Monday that he had received a briefing from FBI Newark on their investigation.

"We are ready to assist the federal government in getting to the bottom of this," he added.

Murphy told reporters on Monday that some of the suspected drones spotted over his state are "very sophisticated" and can "go dark" the "minute you get eyes on them." Others have described the flying objects as bigger than normal hobby-style drones and able to avoid detection.

"This is something we're taking deadly seriously and we've gotten good cooperation out of the feds, but we need more," Murphy said.

Drones have been spotted near Picatinny Arsenal and Naval Weapons Station Earle, both military bases in New Jersey, and an airport in New York serving the public and the military.

However, officials have stressed such sightings are not necessarily unusual.

"This is not a new issue for us. We've had to deal with drone incursions over our bases for quite a time now," the spokesperson for the Joint Staff said Saturday. "It's something that we routinely respond to in each and every case when reporting is cited."

There have also been reports of suspected drones following a US Coast Guard vessel, as well as local police statements on the presence of unidentified aircraft near critical infrastructure.

US Northern Command, which is responsible for overseeing the protection of the US homeland, said over the weekend it was "aware and monitoring the reports of unauthorized drone flights in the vicinity of military installations in New Jersey."

Wright-Patterson Air Force Base in Ohio acknowledged that drone activity near the base led officials there to close its airspace for several hours late Friday night and into Saturday.

A recording of a controller from the Wright-Patterson air traffic control tower that was shared by The War Zone, which first reported the incursions, urges an aircraft to "use extreme caution for heavy UAS movement on the base."

What are officials saying about these mystery drones?

Trump said Friday on Truth Social that there are mystery drones being sighted all over the country. "Can this really be happening without our government's knowledge," he wrote. "I don't think so!"

He suggested that they be shot down. Other officials have expressed concern about shooting them down due to the threat to local populations of falling debris. Neither kinetic nor electronic warfare methods are particularly ideal near civilian areas.

New Jersey State Assemblyman Brian Bergen told CNN News Central's Sara Sidner on Monday that "we shouldn't be shooting things down right now."

"Look, I was an attack helicopter pilot in the US Army. I flew overseas. I have seen bullets fly through the sky. It's not a great idea to do over the United States," he said. "Things should not be shot out of the sky. That is a very dangerous thing to do."

The FBI and New Jersey State Police issued a joint statement on Monday warning of "a concern with people possibly firing weapons at what they believe to be a UAS," as well as increased incidences of pilots being dazzled by lasers.

There could be "deadly consequences" of these actions, they said.

Amid the confusion on the drones, there has been a lot of speculation, including from officials.

Rep. Jeff Van Drew of New Jersey said on Fox News last Wednesday that the drones came from an Iranian "mothership" off the East Coast of the United States, citing "very high sources."

Pentagon Press Secretary Sabrina Singh rejected the congressman's claim in a press conference later that day, saying "there is no Iranian ship off the coast of the United States, and there's no so-called mothership launching drones toward the United States."

Singh said that the Pentagon has no evidence that the reported drone sightings are the work of a foreign adversary. While Iran does have vessels that can carry drones, they were spotted off its southern coast as recently as Thursday — debunking Van Drew's claims.

He doubled down on Thursday, saying the government isn't telling the truth. The congressman said it could be another ship belonging to another foe. A Department of Homeland Security official said Saturday that there is no evidence of any foreign-based involvement in sending drones ashore from vessels in the area.

"We're doing our best to find the origin of those drone activities," an FBI official told reporters Saturday. "But I think there has been a slight overreaction."

Local officials, meanwhile, have been calling for additional information.

New York Gov. Kathy Hochul on Saturday called for increased federal oversight of drones and said runways at Stewart International Airport in Orange County were shut down for an hour due to unidentified drone activity. "This has gone too far," she said.

Hochul called on Congress to strengthen the Federal Aviation Administration's oversight of drones and provide counter-unmanned aircraft equipment to local law enforcement. On Sunday, she posted to social media that the federal government was sending a "drone detection system" to her state.

Previous unidentified flying objects and drone sightings

There have been a number of sightings of suspected drones and other unusual flying objects over or around military installations in recent years.

In February 2023, for example, the United States shot down three unidentified objects flying over American airspace over the course of three days. The incidents were part of a saga that followed the US takedown of a spy balloon off the coast of North Carolina the government said came from China.

As for drone activity, The Wall Street Journal reported in October that drones had been spotted over a military base in Virginia and the Energy Department's Nevada National Security Site the year prior. Retired US Air Force Gen. Mark Kelly, until March of this year the head of Air Combat Command, said that he learned about the sightings in December 2023, when officials at Langley Air Force Base in Virginia reported seeing dozens of drones flying over the base at night. It's unclear who was behind those incidents.

While the federal government says that the latest sightings are not the work of adversaries or a public security threat, multiple recent incidents near bases have raised national security concerns.

For instance, federal authorities on Monday charged a Chinese citizen residing in California, Yinpiao Zhou, with failure to register a non-transportation aircraft and violation of national defense airspace. The Justice Department accused Zhou of using a drone to photograph Vandenberg Space Force Base in Santa Barbara County on November 30.

Police arrested Zhou at the San Francisco International Airport before he boarded a China-bound flight.

And another man, Fengyun Shi, a Chinese national, was sentenced to six months in federal prison in October for photographing US Navy ships with a drone in Virginia. Fengyun, a student at the University of Minnesota, pleaded guilty to two misdemeanor counts of unauthorized use of aircraft for the unlawful photographing of a designated installation.

The FBI official who spoke to reporters on Saturday said of the most recent sightings: "We are doing everything we can, alongside our partners, to understand what is happening and whether or not there is more nefarious activity that we need to explore."

• OpenAI published Elon Musk's old emails in a blog post on Friday.
• The AI company released its version of a timeline of events amid a brewing legal feud with Musk.
• In a 2015 email, Musk said OpenAI's nonprofit structure didn't seem "optimal."

OpenAI responded to co-founder Elon Musk on Friday with a new legal filing and a pointed blog post featuring the billionaire's old emails in which he pushed for the AI startup to be for-profit.

The emails and filing are the latest blows thrown in the legal feud between OpenAI and Musk. Last month, Musk asked a federal court to stop OpenAI from moving to a for-profit business structure. In the last year, Musk has twice sued OpenAI in an effort to stop the startup from adopting a more traditional business structure.

In a Friday afternoon legal filing, OpenAI accused Musk of trying to hobble the AI startup while he perfects his competitor, xAI.

The company also detailed its version of a timeline of events in a post titled "Elon Musk wanted an OpenAI for profit," saying that the Tesla CEO "not only wanted, but actually created a for-profit" structure in 2017.

The emails stand in contrast to Musk's more recent public stance against OpenAI transitioning from a not-for-profit company to a for-profit organization.

Musk did not immediately respond to Business Insider's request for comment.

In one image of a November 2015 email, Musk wrote to OpenAI CEO Sam Altman that the startup's then-non-profit structure "doesn't seem optimal," according to the post.

OpenAI wrote in the blog that the company and Musk both agreed that a for-profit was the next step for the startup in the fall of 2017. But when Musk failed to win majority equity, OpenAI accused him of walking away and saying the company would "fail."

Musk left the OpenAI board in 2018, but his lawyers have said he continued contributing to the company until 2020.

"Now that OpenAI is the leading AI research lab and Elon runs a competing AI company, he's asking the court to stop us from effectively pursuing our mission," OpenAI wrote this week.

Musk announced xAI, his competitor to OpenAI, last year and has since released the Grok chatbot.

OpenAI also published Musk's private emails in March after Musk sued OpenAI and Altman.

In a November 2015 email published earlier this year, Musk said the company should say it was starting with a funding commitment of $1 billion, promising to cover "whatever anyone else doesn't provide."

OpenAI also accused Musk at the time of wanting the startup to merge with Tesla and be its "cash cow."

Musk's most recent filing is his fourth attempt in less than a year to "reframe his claims," OpenAI said in the blog post.

"You can't sue your way to AGI," the company wrote in the blog post. "We have great respect for Elon's accomplishments and gratitude for his early contributions to OpenAI, but he should be competing in the marketplace rather than the courtroom."

• Amazon plans to donate $1 million to Trump's inauguration, the same amount as Meta, per reports.
• The moves show Big Tech's effort to mend relations with Trump, who has been critical of the industry.
• Trump said Thursday he wanted to "get ideas" from Big Tech leaders coming to visit him in Mar-a-Lago.

First Meta, now Amazon — Jeff Bezos' company will also reportedly donate $1 million to Donald Trump's inauguration.

The Wall Street Journal reported Amazon would donate the same amount as Mark Zuckerberg's Meta, the latest sign that Big Tech and the president-elect are reconciling.

Trump also told CNBC Thursday that Bezos would visit him "next week," and The Information reported Thursday that Google CEO Sundar Pichai would also travel to meet him.

It comes after Meta CEO Mark Zuckerberg visited Trump at the president-elect's Mar-a-Lago resort for Thanksgiving Eve dinner last month.

″Mark Zuckerberg's been over to see me, and I can tell you, Elon is another and Jeff Bezos is coming up next week, and I want to get ideas from them," Trump told CNBC's Jim Cramer on Thursday.

Spokespeople for Amazon and Trump did not respond to requests for comment.

Meta confirmed to the Journal Wednesday its $1 million donation to the president-elect's inaugural fund. Amazon confirmed its donation to the Financial Times.

The meetings and donations point to a shift in the relationship between tech leaders and Trump, who had previously been critical of them. Trump has previously accused Zuckerberg and Bezos of bias against his administration, among other criticisms.

In previous years, Bezos and Trump have clashed. During his first campaign and term, Trump would take shots at Amazon, once stating that the company was doing "great damage to tax-paying retailers."

Bezos has previously criticized Trump's inflammatory rhetoric, including the president-elect's call at the time to imprison Hilary Clinton.

As Trump took office in 2017, Amazon donated about $58,000 to Trump's inauguration — much less than what other tech companies donated at the time, according to the Journal.

Zuckerberg has criticized Trump's violent remarks on Facebook. In 2021, the social media platform took the extraordinary step of deplatforming Trump after he praised January 6 rioters.

Both tech leaders have appeared to warm up to Trump in recent months.

The Amazon tycoon said at The New York Times' DealBook Summit last week that he's "actually very optimistic" about a second Trump term, saying that Trump has likely "grown in the last eight years" and that he was encouraged by the president-elect's focus on deregulation.

"He seems to have a lot of energy around reducing regulation. If I can help do that, I'm going to help him," Bezos said.

Zuckerberg also appears to be mending his relationship with the president-elect, despite Trump threatening to throw the Meta CEO in prison as recently as July.

After the first assassination attempt against Trump, Zuckerberg called the president-elect a "badass" but stopped short of endorsing him during a Bloomberg interview.

On November 6, Zuckerberg was among the CEOs congratulating Trump's election victory.

"Looking forward to working with you and your administration," Zuckerberg wrote in a Threads post.

• Luigi Mangione has been charged with murder in UnitedHealthcare CEO Brian Thompson's killing.
• Mangione, an Ivy League graduate from a wealthy family, left an online trail before his arrest.
• He founded an app, talked about AI on X, and read the Unabomber Manifesto.

Luigi Mangione, the 26-year-old Ivy League graduate charged with murder in the fatal shooting of UnitedHealthcare CEO Brian Thompson, has a vast online trail.

Police arrested Mangione in Pennsylvania on December 9. He initially faced local gun and forgery charges. He's expected to be extradited to New York.

New York court documents show that in addition to one count of murder, he also faces two counts of second-degree criminal possession of a weapon, one count of second-degree possession of a forged document, and one count of third-degree criminal possession of a firearm.

Here's what to know about Mangione.

Mangione attended elite schools

Mangione graduated from the University of Pennsylvania in 2020.

He achieved a Bachelor of Science in engineering with a major in computer science and a minor in mathematics. He also received a Master of Science in engineering the same year with a major in computer and information science, a university spokesperson told Business Insider.

Before that, he attended Gilman School, an elite all-boys preparatory school in Baltimore. His yearbook entry, obtained by BI, says he was involved in robotics and Model United Nations.

In his valedictorian speech, Mangione praised classmates for "challenging the world" and thanked parents for sending their children to the fee-paying school, which he described as "far from a small financial investment."

He favorably reviewed the Unabomber Manifesto

On Goodreads, Mangione reviewed Ted Kaczynski's "Industrial Society and Its Future" book, also known as The Unabomber Manifesto, in early 2024. He gave it four out of five stars.

"He was a violent individual — rightfully imprisoned — who maimed innocent people," Mangione wrote. "While these actions tend to be characterized as those of a crazy luddite, however, they are more accurately seen as those of an extreme political revolutionary."

Mangione's review of the manifesto also quoted another online comment about the book, which appears to have originated on Reddit, praising the use of violence "when all other forms of communication fail."

"'Violence never solved anything' is a statement uttered by cowards and predators,'" Mangione quoted.

He founded an app and worked in tech

In 2015, while in high school, Mangione founded a company called AppRoar Studios. AppRoar released an iPhone game called "Pivot Plane" that's no longer available, but a reviewer in 2015 said it was "a fun little arcade game brought to you by 3 high school juniors."

He lived in a co-living space in Hawaii as recently as 2023.

He posed for photos indicating he participated in Greek life at the University of Pennsylvania.

The fraternity chapter represented in his photos couldn't be reached for comment.

A blog post on the University of Pennsylvania's website that was removed on December 9 said he cofounded a video game design club there.

Stephen Lane, a professor of video game design at the Ivy League university who didn't advise the club, told BI that "the fact he took the initiative and started something from nothing, that means at least in the context of Penn, that's a pretty good thing." He added, however, that Thompson's shooting was "obviously not a good thing."

Mangione's LinkedIn page says he worked as a data engineer at the vehicle shopping company TrueCar starting in 2020.

A TrueCar spokesperson told BI that Mangione hadn't worked for the company since 2023.

Online breadcrumbs and roommate say he dealt with back pain

At the top of Mangione's profile on X — formerly Twitter — is a triptych of three images: a photo of himself, smiling, shirtless on a mountain ridge; a Pokémon; and an X-ray with four pins or screws visible in the lower back.

The Pokémon featured in his cover image is Breloom, which has special healing abilities in the games.

Some of the books reviewed on Mangione's Goodreads account are related to health and healing back pain, including "Back Mechanic: The Secrets to a Healthy Spine Your Doctor Isn't Telling You" and "Crooked: Outwitting the Back Pain Industry and Getting on the Road to Recovery."

R.J. Martin, the founder of the co-living space in Hawaii, told the Honolulu Civil Beat that Mangione had suffered back pain from a misaligned vertebra that was pinching his spinal cord.

Martin told CNN that after leaving Hawaii, Mangione texted him to say he'd undergone surgery and sent him X-rays.

"It looked heinous, with just, giant screws going into his spine," Martin told the outlet.

It's not immediately clear whether the surgery was related to UnitedHealthcare.

Josiah Ryan, a spokesperson for the co-living space founder, told The Wall Street Journal that Mangione stopped replying to texts about six months ago and "sort of disappeared."

A YouTube spokesperson said that the platform had terminated Mangione's three accounts, adding that they had not been active for about seven months.

A senior police official told NBC New York on December 12 that Magione was never a UnitedHealthcare client and may have targeted Thompson because of the insurer's large size and outsize power. That same day, The Wall Street Journal reported that a company spokesperson said Magione was not a client.

Mangione was interested in AI

On his X account, Mangione posted and amplified posts about technological advances such as artificial intelligence. He also posted about fitness and healthy living.

He frequently reposted posts by the writer Tim Urban and the commentator Jonathan Haidt about the promise and perils of technology.

He also appeared to be a fan of Michael Pollan, known for his writing about food, ethics, and lab-grown meat.

On Goodreads, he praised Urban's book "What's Our Problem?: A Self-Help Book for Societies," describing it as "one of the most important philosophical texts of the early 21st century."

Urban posted to X on December 9: "Very much not the point of the book."

He was previously accused of trespassing

Before his arrest, Mangione had at least one encounter with the legal system. Hawaiian court records indicate that in 2023, he was accused of entering a forbidden area of a state park.

Mangione appears to have paid a $100 fine to resolve the matter.

Mangione comes from a wealthy and influential Baltimore family

Mangione is one of 37 grandchildren of the late Nick Mangione Sr., a prominent multimillionaire real-estate developer in Baltimore who died in 2008, The Baltimore Banner reported. Nick Mangione Sr. had 10 children, including Louis Mangione, Luigi Mangione's father.

Members of the Mangione family own the Turf Valley Resort in Ellicott City, Maryland, and Hayfields Country Club in Hunt Valley, Maryland.

One of Luigi Mangione's cousins is the Republican Maryland state legislator Nino Mangione, the Associated Press reported.

Representatives for Nino Mangione's office, in a statement to BI, declined to comment on the news of Luigi Mangione's arrest.

"Unfortunately, we cannot comment on news reports regarding Luigi Mangione," the statement read. "We only know what we have read in the media. Our family is shocked and devastated by Luigi's arrest. We offer our prayers to the family of Brian Thompson and we ask people to pray for all involved. We are devastated by this news."

The Mangione family has donated more than $1 million to the Greater Baltimore Medical Center, where all of Nick Mangione Sr.'s grandkids, including Luigi Mangione, were born, the Banner reported.

A public filing from 2022 for the nonprofit Mangione Family Foundation lists Louis Mangione as vice president.

He was arrested while on his laptop at a McDonald's, the police said

When the police in Altoona, Pennsylvania, responded to a McDonald's after a call about a suspicious person, they found Mangione sitting at a table looking at a silver laptop and wearing a blue medical mask, a criminal complaint said.

The complaint said that when asked for identification, Mangione gave police officers a New Jersey driver's license with the name "Mark Rosario."

When an officer asked Mangione whether he'd been to New York recently, he "became quiet and started to shake," the complaint said.

It added that Mangione correctly identified himself after officers told him he could be arrested for lying about his identity.

When asked why he lied, Mangione replied, "I clearly shouldn't have," the complaint said.

His motive is still not known, but police are analyzing his so-called manifesto

An internal NYPD report obtained by The New York Times said Mangione "likely views himself as a hero of sorts who has finally decided to act upon such injustices."

Mangione "appeared to view the targeted killing of the company's highest-ranking representative as a symbolic takedown and a direct challenge to its alleged corruption and 'power games,' asserting in his note he is the 'first to face it with such brutal honesty,'" according to the NYPD report by the department's Intelligence and Counterterrorism Bureau, the Times reported.

Moments before the December 10 extradition hearing began, Mangione, handcuffed and wearing an orange prison jumpsuit, shouted out to the press as Pennsylvania police escorted him into the courthouse.

Mangione yelled out something partially unintelligible, saying something was "completely out of touch" and "an insult to the American people." He also shouted that something was a "lived experience" as a group of officers led him into the courthouse.

NYPD Chief of Detectives Joseph Kenny told NBC New York that Mangione had prior knowledge that UnitedHealthcare would be having its annual conference in New York City.

Mangione has retained a high-profile New York attorney

Thomas Dickey emerged as Mangione's attorney in Pennsylvania after his arrest in Altoona on December 9.

During a December 10 hearing at Pennsylvania's Blair County Courthouse, Dickey told the judge that Mangione was contesting his extradition to New York City.

Dickey later told reporters that Mangione would plead not guilty to all the charges in Pennsylvania. During an interview with CNN, Dickey said he expected Mangione to plead not guilty to the second-degree murder charge in New York and that he hadn't seen evidence that authorities "have the right guy."

Karen Friedman Agnifilo will represent Mangione in New York, a representative for Agnifilo Intrater LLP confirmed to Business Insider on Sunday.

Friedman Agnifilo worked as the chief assistant district attorney at the Manhattan District Attorney's Office from 2014 to 2021. She pivoted to private practice in 2021.

Do you know Luigi Mangione? Have a tip? Reach out to [email protected].

Timothy Danikowski was ready to start his adult life. After four years in a small college town and a fifth year back at home thanks to the pandemic, he finally moved to Seattle in 2021. Soon after, Danikowski landed a respectable accounting job, moved into his own apartment, and signed up for his first credit card, which he intended to use only for emergencies.

At first Danikowski kept on top of his balance well enough, but soon his compulsive shopping addiction and desire to see the world broke his discipline. "I built up points to travel," he told me. "But when I travel, I want to go shopping, and that's where the spending gets out of control."

In three years, Danikowski has racked up about $15,000 in debt across three cards, one of which has an interest rate of 28%. He makes his minimum payments each month — a task that has become much harder since he lost his job this year — and tries to resist the urge to keep using the cards, but his balance doesn't budge.

"When it comes to everyday things, I choose comfort over everything else," he said.

Danikowski and many other Gen Zers are rapidly building up credit-card debt. A TransUnion study found that, adjusting for inflation, the average credit-card balance for someone who was 22 to 24 at the end of last year was $2,834, a 26% increase from the average figure for millennials who were the same age a decade ago. The study also suggested that Gen Zers were much more comfortable with credit cards than prior generations were: They were opening more cards, were more likely to fall behind on payments, and were using the cards for more types of purchases. Alev told me Credit Karma data shows Gen Zers are acquiring debt at a faster rate than any other age group. The combination of an increasingly turbulent economy and Gen Zers' desire to make up for lost time via pandemic "revenge spending" has left many members of the generation overly reliant on credit.

"Gen Z really prioritizes fun over finances when it comes to things like eating out, shopping, and travel," says Courtney Alev, a consumer advocate at Credit Karma. "That combined with the fact that they have just had fewer earning years explains why their credit-card debt is growing at a faster rate."

While Gen Zers' overall debt levels are still lower than older generations', young consumers' early reliance on credit cards puts their financial futures at risk. "The financial burdens that Gen Z is facing today can really have long-lasting effects on their lives," Alev says, "including their ability to achieve key milestones, such as delaying big moments like marriage, buying a home, or starting families until they feel more financially secure."

Part of Gen Zers' interest in credit cards is simply the march of technological progress. The digital natives have more payment options than any generation before them, and they've embraced electronic payments and alternative credit methods like digital wallets and buy-now-pay-later apps. Meanwhile, credit-card companies have targeted young people as eager new customers.

There are also some acute financial reasons Gen Zers have been jumping headfirst into the credit pool. Pandemic restrictions, inflation, and high interest rates hit them hard as they were starting their professional careers and getting their financial footing. As young people sought solutions to financial stresses, and as credit-card balances fell, credit-card companies were more than willing to make Gen Zers an offer. The companies made getting credit easier in 2021 and 2022 by allowing people with lower credit scores to access cards for which they previously would have been ineligible. Young people opened credit cards at a faster rate than any other age group during the pandemic.

The temptation to use those cards was strong. Credit Karma found that its Gen Z members' average credit-card debt increased by 3.2% from the first quarter to the second quarter of 2024, while the average debt for millennials, Gen Xers, and baby boomers increased by 2.4%, 2%, and 1.6%. While credit-card balances in the US decreased early in the pandemic, it didn't take long for American consumers to start racking up debt again. Credit-card balances have risen by $396 billion since the first quarter of 2021, a 51% increase.

Some people accumulated credit-card debt in a wave of post-pandemic revenge spending; some were chasing points and rewards. Still others said they racked up big bills because they couldn't afford not to. Regardless of the reasons, it's clear that many Gen Zers are comfortable with their little pieces of plastic.

Danikowski, for example, told me he fell into the credit-card trap after acquiring an American Express gold travel card with a sky-high annual percentage rate. The card let him build up points, which allowed him to continue traveling. "I got so used to this lifestyle I lived for the last three years that it became hard for me to cut back," he says.

Others, like Nico, a 27-year-old advertising strategist, got caught in a post-pandemic spending cycle. After graduating from college in 2020, Nico moved back home with his mom to save money while working remotely. By late 2021, Nico was ready for a change. After he moved to Chicago, he started using his credit card way more. He was struggling to make his $1,100 rent on a $36,000 salary. In addition to paying his bills and making sure he had groceries, Nico was trying to make new friends in the city.

"I couldn't afford to live, but I'm in a new city, and I want to go out and meet people. I called those my fun expenses," he says. "I started putting all of that on my credit card."

Nico kept reaching his credit limit, and the credit-card company kept extending it. Three years later, he has about $20,000 in credit-card debt and a monthly minimum payment of $400, nearly all of which goes toward interest. Landing a higher-paying job has helped him start to get a handle on the debt, he said. He's stopped using the card and tries to make a payment of $700 to $900 each month in hopes of bringing his total down.

Credit proved vital for Emmaline, a 27-year-old web developer in North Carolina, when she had to make ends meet during a career pivot. She racked up $6,000 in credit-card debt while attending a full-time coding boot camp, using the card to to pay for groceries, car maintenance and insurance, and other life expenses. While the card was a lifeline as she tried to set herself up for a successful career, she felt ashamed and worried about her debt, she tells me. For a long time she kept it a secret. This year she finally opened up to family members, who helped her make a plan to pay it down and offered some financial assistance. After spending a few months throwing nearly every penny she had at the debt, Emmaline was able to pay it all off in November.

"I made sure I was only eating beans and leaving myself money for gas," she says. "I let out a tear or two of pure joy and relief when it was finally paid off."

Gen Zers are far from alone in racking up credit-card debt: The total credit-card balance held by US consumers surpassed $1 trillion in 2023. The number of Americans struggling to pay off their loans is also rising. But the particular danger for Gen Zers is becoming so reliant on credit cards so early in their financial lives. Higher debt, Alev says, can lead to lower credit scores that could make it more difficult to pay for things like a house or a car. From March 2022 to February 2024, the percentage of Credit Karma's Gen Z members with subprime credit, meaning a score below 600, rose by 8 points, to 33% from 25%, while the percentage of millennials with subprime credit scores increased by 6 points. Credit Karma said the average Gen Z credit score dropped to 659 in the second quarter from 671 in the first quarter.

William, a 27-year-old emergency medical technician in Colorado, has about $20,000 in credit-card debt, accumulated over 4 ½ years. His first job out of college in 2020 came with a salary of $27,000. Struggling to get by, William primarily used his credit card for necessities like groceries, bills, and car maintenance. But when a health emergency kept him out of work for weeks, his balance snowballed. These days, William makes his minimum payment, but nearly all of it goes to interest. He says he once dreamed of moving abroad and teaching English but has accepted that his credit-card debt keeps him tethered to a reliable source of income stateside.

"I'd like to have a family one day and be able to settle down and raise kids, give them a good life," William says. "But that's not something I can do until I have a better hold on this."

It's not clear that Gen Zers' habits will change anytime soon. The Federal Reserve Bank of New York said in August that younger debt-holders were more likely to be delinquent on their credit-card payments than older ones. Falling behind on these payments has given young people a bleak outlook.

"Credit-card debt is an invisible problem," Emmaline says. "You can't see it. It veils you in shame. It eats you like a parasite."

Alev says there are some steps people can take to try to escape credit debt. First and foremost, she cautions people to stay as far away from high-interest debt as possible. She also advises debt-holders to stop using that credit line and make a plan to pay down the debt, such as transferring the debt to a personal loan at a lower interest rate.

Most important, she says, members of the credit-card generation shouldn't bury their heads in the sand. She recommends people create a spreadsheet listing all their debts along with minimum payments, interest rates, and consolidation options.

When William feels suffocated by his monthly payments and interest rate, he can feel tempted to rack up even more debt. "Someone is always willing to give you another credit card," he says.

Danikowski, meanwhile, said feeling hopeless about his debt was pointless. Though he lost his job this year, he still took trips to Europe and New York.

"I know it's not a good decision," he says. "But at least I've gotten to see the world."

Erin Snodgrass is a senior reporter at Business Insider.

• 29 countries offer residence visas for remote workers, or "digital nomad visas."
• Spain and Italy have joined the growing list of countries offering digital nomad visa programs.
• Governments hope the visas will help develop more sustainable tourist economies.

In the lead-up to the election, Business Insider reported millions of Americans were considering leaving the country if former President Donald Trump won his 2024 campaign. After his victory was announced, searches for the phrase "moving to Canada" spiked — along with inquiries about international digital nomad visas.

The specialized visas allow remote workers to live and work in countries like Malta, Portugal, and Costa Rica — as long as their income comes from outside the country.

And as some American tourists consider moving abroad, dozens of countries have, in recent years, launched special visas designed specifically for remote workers to drive tourism in their countries.

In some countries, the visas have become so popular that they've had to start turning people away. As of October 2024, for example, Cyprus is no longer accepting digital nomads after it filled the 500 slots it had available for its visa program.

Nonetheless, there are still plenty of options elsewhere. Here are 29 countries that offer visas specifically for remote workers, the minimum income required to apply, and how much they cost.

Europe digital nomad visas

Malta

Malta, an island south of Italy, has a permit that allows nomads to keep their jobs elsewhere and legally stay in the country for one year with a chance of renewal.

To be eligible, you must be from a country outside the EU and EEA and have a minimum gross annual income of 42,000 euros. The Nomad Residence Permit requires applicants to have health insurance, hold a valid travel document, have a rental or purchase agreement, and pass a background check. There is no application deadline, but there is a 300-euro application fee.

Latvia

Latvia introduced its digital nomad visa in February 2022, allowing applicants to spend up to a year in the country with the opportunity to renew for another.

Digital nomads must either work for a company based in a member state of the OSCE (Organization for Security and Co-Operation in Europe) or a company registered in one of those countries for at least six months.

They must also have health insurance and make at least 2.5 times the country's average monthly salary of the previous year, which the government website reports is about $4,043 (€3,843). There's also a $63 (€60) state fee for the visa application.

Romania

To apply for Romania's digital nomad visa, digital nomads must show proof they can work remotely, either as freelancers, business owners, or employees of a company registered outside the country.

Applicants are also required to have a clean criminal record, medical insurance for the duration of the visa with a minimum liability of $31,580 (€30,000), make at least three times the average gross monthly salary in Romania, around $3,467 (€3,300), and pay an application fee of $126 (€120).

Hungary

Known as the White Card, the digital nomad visa in Hungary requires applicants to be employed by a company outside the country, have shares in a company outside the country, or work as a freelancer.

In addition to providing proof of health insurance and proof of accommodation, those keen on getting a White Card must earn at least $3,146 (€3,000) a month. Application fees can cost as much as $297 (€284).

Croatia

Croatia allows non-EU citizens to apply for its digital nomad visa program, which grants up to one year of residency for remote workers.

The program also allows residency for close family members of the visa applicant so long as the family meets the country's income requirements. To be eligible, applicants must make a minimum of 2,870 euros a month (or $3,035) or have a minimum of 34,440 euros (or $36,430) already available in their account.

Iceland

In Iceland, a long-term visa for remote work can grant you 90 to 180 days while working. The program requires that you are from a country outside the EU and EEA and also from a country that does not need a visa to travel to the Schengen area (US citizens can travel to Iceland without a visa).

Applicants must also have a monthly income of 1,000,000 Icelandic króna (or $7,156) or 1,300,000 Icelandic króna if they bring a spouse.

Greece

Greece started its Digital Nomad Visa in 2021 and is still operating today. The program lets non-EU digital nomads, with a 3,500-euro monthly income, stay for 12 months.

The application fee is refundable at 75 euros, and there's also an administration fee of about 150 euros.

Portugal

Portugal has been kind to digital nomads. With its "Temporary Residence Visa for the Exercise of Professional Activity Provided Remotely Outside the National Territory," or D8 visa, launched in 2022, non-EU nomads can still freely work there.

Applicants must be over 18 years old, prove income over 3,280 euros a month, and show proof of accommodation for at least 12 months. The application fee ranges from 75 to 90 euros.

Estonia

Estonia launched its Digital Nomad Visa (DNV) program in 2020, offering up to a year of residency for eligible workers looking to live in the Northern European country bordering the Baltic Sea and Gulf of Finland.

Eligible remote workers must prove they earn at least 3,504 euros a month (or $3,706) and apply in person at their nearest Estonian Embassy or Consulate. Application fees range between 80 and 100 euros ($84 and $105).

Spain

Spain's Digital Nomad Visa Program allows remote workers, their spouse or unmarried partner, and dependent children to reside in the country for one year.

Applicants must have an undergraduate or postgraduate degree from a "University, College, or Business School of prestige" or have at least 3 years of work experience in their current field, in addition to earning at least 200% of the monthly Spanish national minimum wage — currently set at 37.8 euros/day ($39) or 1,134 euros/month ($1,199).

Italy

Italy's Digital Nomad Visa is available to non-EU citizens who are highly specialized workers with careers that require post-secondary degrees or at least three years of professional training or experience.

The visa lasts up to one year for the applicant, their spouse, and dependent children. To be eligible, the applicant must prove that their salary is at least three times the annual minimum wage of 24,789 euros (or $26,221) and that they have at least 30,000 euros (or $50,000) worth of medical insurance coverage.

Asia and Africa digital nomad visas

Bali, Indonesia

In April, Bali introduced a Remote Worker Visa (E33G), which allows digital nomads to work from Bali for a year. Foreign workers in Bali must be employed by a company outside Indonesia and receive a yearly income of at least $60,000.

The application fee for a standard single-entry visa costs 12,900,000 Indonesian rupiah, or about $810.

Thailand

The Destination Thailand Visa allows digital nomads to stay in Thailand for up to 180 days per visit, on a multiple-entry basis, within five years. The visa fee costs 10,000 Thai baht, or $284.

Applicants must be at least 20 years old and have at least THB 500,000, or about $14,400 USD, in their bank. Employed workers are required to have a foreign employment contract, while freelancers need a professional portfolio.

Japan

Japan introduced a new digital nomad visa in April. This visa allows holders to work remotely in the country for up to six months. Visa holders must be nationals or citizens of selected regions, including the US and UK.

Applicants must have an annual income of at least 10,000,000 Japanese yen, or $65,000, and submit their applications in person or by mail to the nearest embassy or consulate general of Japan. A single-entry visa costs $22, while a multiple-entry visa costs $43, but some countries, including the US, are exempt from this fee.

United Arab Emirates

UAE's virtual work residence visa allows holders to live and work remotely in the UAE — including Dubai and Abu Dhabi — for up to a year. Applicants must make at least $3,500 a month and have sufficient health insurance coverage within the country.

The service fee to apply for the visa is 300 United Arab Emirates Dirhams, or about $80.

Cabo Verde

Cabo Verde's Remote Working Program allows remote workers to stay for up to 6 months, with the option of renewal after. Individual applicants must have an average bank balance of 1,500 euros, or $1,570, in the past 6 months.

The visa fee costs 20 euros, and applicants must submit an online form to indicate their interest.

South Africa

South Africa recently launched a remote work visa, which allows holders to stay for at least 3 months and up to 3 years. While details are still being finalized, the latest visa requirements state that applicants must have a salary of at least 650,796 South African Rand, or about $36,000, and a valid foreign-based employment contract.

Caribbean digital nomad visas

Grenada

To receive a digital nomad visa from Grenada, you need a valid passport, an annual income of at least EC$100,000 a year, or about $37,000, full COVID-19 vaccination, and valid health insurance.

There is no application deadline. The fee is $1,500 for individuals, $2,000 for a family of four, and $200 for each additional dependent.

St. Lucia

St. Lucia's Digital Nomad Visa program, "Don't Just Visit, Live It," has no income threshold. The one-year visa is available to remote workers, freelancers, and students.

The application fee costs $125 XCD (about $47) for a single-entry visa or $190 XCD (about $70) for a multiple-entry visa.

Curaçao

Curaçao's Digital Nomad Visa, the At Home in Curaçao program, has no salary requirements. Still, you must be employed, own a business, or have freelance clients outside the country.

Health insurance, a clean criminal record, and proof of accommodation or a lease on the island are also required. The visa application fee is about $294.

Dominica

To qualify for Dominica's Digital Nomad Visa, the Work in Nature (WIN) Program, you must be 18 years old and have a clean criminal record.

You will also need an income of at least $50,000 or have sufficient funds to support yourself and any family members accompanying you during a 12-month stay.

The application fee is $100. The individual visa costs $800, and the primary applicant can also apply for their spouse and dependents for a total fee of $1,200.

Anguilla

The digital nomad visa in Anguilla has no income requirements, but interested travelers must fill out an application at least 7 days before arrival.

Digital nomads also need proof of a negative COVID-19 test 3 to 5 days before they step foot on the island and proof of a health insurance policy covering COVID-19 complications.

Antigua and Barbuda

To nab Antigua and Barbuda's two-year visa through the Nomad Digital Residency Programme, applicants must be 18 or older, earn at least $50,000 a year, and have a clean criminal record.

Their employer must be outside Antigua and Barbuda as well. Application fees range from $1,500 for a single person to $3,000 for a family of three, plus another $650 for each additional dependent.

Barbados

Introduced in June 2020, the Barbados 12-Month Welcome Stamp offers a one-year visa for digital nomads interested in the island and the opportunity to renew.

Applicants must make at least $50,000. Fees are $2,000 for an individual and $3,000 for a family bundle and must be paid within 28 days of application approval.

North, Central, and South America digital nomad visas

Bermuda

The Work from Bermuda certificate was created for "remote workers, self-employed digital nomads and university students engaged in remote learning," according to the program's web page. It lasts for 12 months and is renewable on a case-by-case basis.

The application fee is $275, and interested applicants must be at least 18 years old, have a clean criminal record, and have valid health insurance.

There is no official salary requirement, but applicants must demonstrate that they "have substantial means" or a "continuous source of income," though no official range is provided.

Colombia

Colombia's "Visa V Digital Nomads" program allows expats from more than 100 countries to live and work remotely in the tropical country for up to two years. Applicants must make a minimum income of three times the current legal monthly minimum wage in Colombia, which currently equals about $885 a month.

The application costs $54, and if approved, the Visa itself costs another $177. People hoping to become digital nomads in Colombia must also provide a contract or employment letter detailing their employment agreement and compensation details. Entrepreneurs may alternatively submit a letter outlining their business project and financial resources.

Belize

Belize offers citizens of the European Union, the United Kindom, the United States, and Canada the chance to live and work in the country via its "Work Where You Vacation" program. Applicants can secure a six-month visa by proving they make a minimum annual income of $75,000 or $100,000 if applying with dependants. Kids under 18 are eligible to enroll in the country's school system.

Applicants must submit a notarized banking reference, a police record, and proof of travel insurance. The visa costs $500 per adult and $200 per child.

Costa Rica

Costa Rica's digital nomad program extends the country's 90-day tourist visa to a full year with the option to renew for an additional year. Applicants must be foreign nationals who earn a minimum of $3,000 a month or $4,000 a month if applying with dependants.

All application materials must be submitted in Spanish. The application costs $100, while the visa is an additional $90.

Brazil

Brazil's digital nomad visa (VITEM XIV) allows foreign nationals from more than 100 countries to work remotely in the South American country for one year and to renew for longer.

The visa is available to remote workers who can prove a monthly minimum income of $1,500 or an available bank balance of at least $18,000. Applicants must submit a background check, a copy of their birth certificate, proof of valid health insurance in Brazil, and documents proving digital nomad status.

The visa costs $290 for US applicants and between $100 and $215 for UK applicants. Expats from all other countries will pay $100 for the visa.

• Michael Kittredge II's son put the Yankee Candle founder's Massachusetts estate up for sale in 2022.
• The compound, which features an indoor water park and bowling alley, was originally listed for $23 million.
• After two years on the market, the estate could soon be redeveloped as senior living. 

Three years after Yankee Candle founder Michael Kittredge II died in 2019, his son, Michael Kittredge III, put the family's sprawling 120,000-square-foot compound on the market for a whopping $23 million.

Now, after more than two years of no movement and a significant slash to its asking price, the historic Massachusetts estate could soon be transformed into an entirely different kind of living space. The Kittredge family has enlisted Josh Wallack, a Florida-based developer, to oversee the re-imagination of the mansion into a luxurious senior living community that features affordable housing.

In a conversation with Business Insider, Wallack outlined his vision for "Pioneer Point at Juggler Meadow: A 55+ Active Adult Community," a $200 million project that aims to incorporate all the amenities of the Kittredge estate into a community that helps address Massachusetts' housing crisis. 

"This is going to be amazing. Regular people can buy one of these units and live in this amazing place that is like heaven on Earth," Wallack said. 

Take a peak inside the mind-boggling compound.

The former home of Yankee Candle founder, the late Michael Kittredge II, went on the market in September 2022.

The $23 million listing quickly went viral thanks to its litany of amenities. 

The sprawling estate is located about two hours outside Boston in Leverett, Massachusetts.

The estate encompasses 120,000 square feet of living space spread across eight separate structures, including a main house, a clubhouse, a spa, a pool cabana, two guest houses, and two car barns.

The main residence is a 25,000-square-foot house designed in the colonial style. It was originally constructed in the 1980s.

The compound sat on the market for months before its price was slashed from $23 million to $14.9 million.

Wallack and his family stayed at the estate's guest home in 2022 after he hit it off with Michael "Mick" Kittredge III.

As an expert in rezoning, Wallack said the Kittredge family asked him what he thought they should do with the property. 

"Instead of looking for one billionaire to buy this mansion, let's take all the land underneath it and build 700 homes and allow regular people to live here and use your father's mansion as the social club," Wallack said he told the family.

Wallack wants to turn the estate into an active senior living community.

If approved, Wallack's plan would allow people 55 and older to buy individual units on the property, where they would have full access to amenities like an onsite restaurant, cafe, tennis and pickleball courts, and a beauty parlor. 

The project would offer 25% of units at affordable housing rates.

Wallack said the community would be comprised of 25% of units at affordable housing costs and 75% of units at market rate. 

Someone making $84,000 a year would pay about $1,875 a month for an affordable unit, Wallack said.

The budget for the project is about $200 million, Wallack said.

Wallack serves as the development manager representing the Michael Kittredge trust. 

The team is in the final stages of preparing an application to MassHousing.

Wallack is working to garner more community support.

Take a peak at the original mansion before it potentially is redesigned.

The main residence has six full bathrooms and five half-bathrooms spread out between five bedrooms.

The house features 11 fireplaces, including in some of the bathrooms.

The lower level of the house has a 10-seat movie theater.

Kittredge was a car enthusiast who had two temperature-controlled car barns built at the estate.

The spa is a major attraction at the compound and houses a fitness center, as well as basketball and tennis courts.

Wallack said his project would turn some of those tennis courts into pickleball courts for senior residents. 

Kittredge had three outdoor tennis courts and one indoor court constructed at the estate.

The indoor tennis court also doubles as a concert venue, which has hosted such bands as The Doobie Brothers, as well as KC and The Sunshine Band.

The fitness center takes up 4,000 square feet and has multiple locker rooms.

A bowling alley is situated in the 55,000-square-foot spa.

The compound also has a two-story arcade.

In addition to an outdoor pool, the estate also has an indoor Bellagio-style water park.

It is full of slides, waterfalls, and palm trees.

The real estate company that originally listed the compound said the estate is set up like a private country club and includes a nine-hole golf course.

The clubhouse, which looks out on a pool and two cabanas, has four bedrooms, two bathrooms, and a full kitchen.

The compound is also home to two guest houses.

"There was nothing he loved more than bringing his family and friends together and hosting parties at his home," Kittredge's son said in a 2022 press release.

• A top Democrat urged fellow liberals to remain on Elon Musk's X platform.
• This month, millions of users have joined Bluesky, which bills itself as a liberal alternative to X.
• Khanna told Politico that his relationship with Elon Musk is an example of finding common ground.

Rep. Ro Khanna, a leading progressive lawmaker representing the heart of Silicon Valley, said liberals shouldn't flee Elon Musk's X, instead urging his fellow Democrats to engage with those who share opposing beliefs.

Khanna made the comments on an episode of Politico's Power Play podcast this week amid an exodus of liberal users from X to Bluesky.

The social networking platform, which has billed itself as a progressive alternative to Musk's site, surpassed 21 million users this month, up from 13 million in October.

"I don't think the answer is for progressives to disengage," Khanna told Politico. "The idea is that in a marketplace of ideas, over the long term, the truth emerges."

The California lawmaker described himself as a "free speech person" who uses X "all the time" and suggested Democrats remaining on the platform is akin to liberal lawmakers appearing on conservative news outlets like Fox News to share their message with as wide an audience as possible.

Khanna, who has a longstanding relationship with Musk, cited his own interactions with the billionaire on X as evidence of the kind of common ground people can find online.

On Monday, Khanna posted a clip of himself on CNN talking about the Department of Government Efficiency, or DOGE, which President-elect Donald Trump has tasked Musk and fellow billionaire Vivek Ramaswamy with leading.

"When it comes to cutting waste, fraud, and abuse and opening the 5 primes to more competition, there are Democrats on HASC who will work with @elonmusk and @DOGE," Khanna wrote on X.

Musk subsequently retweeted the post, saying, "Cool!"

Khanna reiterated his willingness to work with Musk, who has become an advisor to Trump in recent months, on Politico's podcast this week. He said he agreed with cutting costs, citing defense spending.

"That is an area, being on the armed services committee, where I will work with someone like Elon Musk or Vivek Ramaswamy if they can actually help break the monopolies of these defense contractors," Khanna said.

Last year, Khanna praised Musk as an entrepreneurial "genius" but criticized the Tesla CEO's controversial online behavior, including his posting of edgy memes.

Khanna has described himself as a "technology optimist" and said he supports a balance of regulation and ethics in the digital space. The lawmaker introduced an Internet Bill of Rights in 2018 focused on online privacy, but the legislation has been stalled in Congress.

• Australia's government approved a law that would ban social media for kids under 16.
• The legislation puts the onus on tech companies to keep children off their platforms.
• But how exactly companies are supposed to comply remains a big question.

Australia's government agreed to a sweeping social media ban this week in an attempt to protect young people from online harm, though exactly how tech companies like TikTok, Meta, and Snapchat would verify users' age remains a giant question mark.

The law gives tech companies one year to figure out how to keep children under 16 from using their social platforms or risk up to $32 million in fines.

The legislation is among the strictest of its kind as countries around the world increasingly target social media as the next frontier for child safety laws.

"The law places the onus on social media platforms — not parents or young people — to take reasonable steps to ensure these protections are in place," Prime Minister Anthony Albanese said in a November 21 press release.

The country's House of Representatives overwhelmingly supported the bill in a 102-13 vote on Wednesday, while Australia's Senate voted 34 to 19 in favor of the legislation on Thursday.

Some pornography websites and online gambling platforms have implemented ID checks in recent years to comply with a wave of legislation requiring online age verification in several US states, asking users to submit a selfie with a government-approved ID.

Australia's new law specifically bars social media companies from asking for users' IDs in an effort to protect privacy rights.

Julie Inman Grant, Australia's eSafety commissioner in charge of implementing the new law, told The New York Times that age verification technologies are improving daily and expressed faith in tech companies' ability to comply.

"They've got financial resources, technologies and some of the best brainpower," she told the outlet. "If they can target you for advertising, they can use the same technology and know-how to identify and verify the age of a child."

A government-commissioned trial looking into technologies that could be used for age verification, including biometrics, is underway in Australia and is set to deliver its report next summer.

Google and Meta had lobbied to delay the vote until the commission delivered its report. Snap Inc., which owns Snapchat, said "device-level age verification" was the best possible option to meet the requirements. Meanwhile, X CEO Elon Musk suggested the legislation was "a backdoor way to control access to the internet by all Australians."

Other critics of the legislation, including opposition lawmakers and some mental health experts, have expressed concern that the bill could have unintended consequences, especially for marginalized young people who have historically used social media to find online support.

Support for the legislation appears to be high in the country. A YouGov poll released ahead of the vote last week found that 77% of Australians backed the ban.

"This is a landmark reform," Albanese said. "We know some kids will find workarounds, but we're sending a message to social media companies to clean up their act."

• Mark Zuckerberg met with President-elect Donald Trump at Mar-a-Lago in Florida.
• Trump and Zuckerberg, who did not endorse a candidate for president, have had a rocky relationship.
• Trump previously threatened to jail Zuckerberg if he was elected.

Mark Zuckerberg became the latest tech CEO to meet with President-elect Donald Trump.

The Meta CEO met with Trump at the latter's Mar-a-Lago resort in Florida on Wednesday, the night before Thanksgiving. A spokesperson for Meta confirmed to Business Insider that the dinner occurred. The New York Times first reported the meeting.

"It's an important time for the future of American Innovation. Mark was grateful for the invitation to join President Trump for dinner and the opportunity to meet with members of his team about the incoming Administration," the statement said.

Details about the meeting were not immediately clear. Representatives for Trump did not respond to requests for comment from Business Insider.

Zuckerberg did not endorse a candidate for president in the 2024 election.

He has had a contentious relationship with Trump, who earlier this year threatened to jail the billionaire if he were elected.

Zuckerberg praised how Trump responded to the assassination attempt in July.

"On a personal note, seeing Donald Trump get up after getting shot in the face and pump his fist in the air with the American flag is one of the most badass things I've ever seen in my life," Zuckerberg said.

After Trump won the election, Zuckerberg was among the many tech and business leaders who congratulated him.

"Congratulations to President Trump on a decisive victory. We have great opportunities ahead of us as a country," he wrote in a Threads post the day after the election. "Looking forward to working with you and your administration."

Trump and Zuckerberg met at least twice during the president-elect's first term, including in an unannounced White House meeting and at a secret dinner with billionaire Peter Thiel in October 2019, according to several reports.

In 2021, Trump suggested he should have banned Facebook while he was in office, but said, "Zuckerberg kept calling me and coming to the White House for dinner telling me how great I was."

Facebook suspended the former president's account on the platform after the January 6, 2021, Capitol insurrection. Meta reinstated Trump's accounts in 2023.

Zuckerberg isn't the only tech CEO to visit Mar-a-Lago in the wake of Trump's win.

Billionaire Elon Musk, who played a major role in Trump's campaign, spent election night with Trump at the Florida resort and has spent time there since.

Update: November 27, 2024 — This story has been updated with a statement from Meta confirming the meeting.

• Five top US business schools enrolled less racially diverse classes this year compared to last year.
• Bloomberg analyzed demographic data in the year since the Supreme Court overturned affirmative action.
• Overall, however, the share of underrepresented minorities in top MBA programs increased this year.

Five of the most prestigious business schools in the US enrolled fewer underrepresented minority students this year, according to demographic data released since the Supreme Court overturned affirmative action last summer.

Minority enrollment at these five universities — all of which are among the top 10 MBA programs, per Bloomberg's Businessweek ranking — stands in contrast to a larger trend that saw an overall increase in the number of minority students attending highly ranked business schools this year.

Bloomberg analyzed university disclosures of student racial counts and found that the share of Black, Hispanic, Native American, and Pacific Islander students enrolled in top MBA programs for the Class of 2026 actually represents an increase over the previous two years.

The analysis comes more than a year after the Supreme Court voted to ban universities from considering race in admissions, effectively ending affirmative action. For four decades, the practice allowed universities to give additional weight to applicants who belonged to groups that have historically been the subject of discrimination.

Fifteen of the 18 highest-ranked universities disclose racial breakdowns of their MBA programs. Of those 15, six saw a notable increase in the number of underrepresented minority students represented in their matriculating 2024 classes, Bloomberg found.

Four programs saw slight upticks, though those increases were across total enrollment, which includes international students, meaning the share of minority US students either did not change or fell slightly, according to the outlet's analysis.

Five of the most prestigious business schools, however, reported fewer underrepresented minorities in this year's newest class compared to last year's entering cohort: Harvard Business School, The University of Pennsylvania's Wharton School, Stanford Graduate School of Business, Northwestern's Kellogg School of Management, and MIT Sloan School of Management.

Representatives for the five universities did not immediately respond to Business Insider's request for comment.

Harvard, which ranks sixth in Bloomberg's list, reported a 1.3% decrease in underrepresented minorities in this year's matriculating class, down from a total share of 12.9% in last year's cohort, Bloomberg found.

No. 7-ranked Wharton saw its share of underrepresented minorities dip 2% with this year's cohort, while No. 1-ranked Stanford's newest class is down 3.6% year-over-year, according to the outlet.

Northwestern's Kellogg School of Management, meanwhile, which is ranked third, fell 5.6%, with underrepresented minorities representing 4.2% of the school's Class of 2026, the analysis found. Kellogg's Black student enrollment dropped from 20 students to five this year, and its Hispanic population fell by nearly half, Bloomberg reported.

A spokesperson for Kellogg, in comments to Bloomberg, attributed the decrease to a yield problem, saying the university accepted the same number of underrepresented minority students as it usually does, but they chose not to enroll.

MIT Sloan's share of underrepresented minority students in this year's entering class fell 5.7% from the Class of 2025's 14.2 minority makeup.

While these five programs reported decreases in underrepresented minorities, this year's demographic data seems to suggest that the loss of affirmative action did not necessarily lead to less diverse cohorts.

For example, Duke's Fuqua School of Business and UC Berkeley's Haas School of Business both reported an 8.2% increase in the share of underrepresented minorities enrolled this year.

• Elon Musk and Grimes have ended their custody dispute in Texas.
• The former couple share three children, including 4-year-old X, who is frequently spotted with Musk.
• Court records show Musk and Grimes were arguing over whether the kids lived in Texas or California.

Elon Musk and Grimes' custody battle in Texas was resolved in August, nearly a year after the Tesla CEO filed a lawsuit against the musician in the state.

The former couple was locked in a contentious custody battle over the three children they share: 4-year-old X Æ A-12, also known as baby X, 2-year-old Exa, and 2-year-old Tau.

Last year, Musk and Grimes filed dueling lawsuits against one another in two different states, Texas and California, respectively, arguing over where the children actually lived and in which state the case should go forward.

Here's a timeline of the custody battle, including when the suits were filed, and the accusations Musk and Grimes have made against each other in court.

April 22, 2022: Grimes filed petition in Los Angeles

Grimes claimed in a recent court document that she first filed a petition to "determine parental relationship" in Los Angeles on April 22, 2022. Business Insider was unable to independently verify the petition in LA County's online courts database.

The document would've been filed a few months before Musk and Grimes welcomed their third child, Techno Mechanicus, or Tau, via surrogate in June 2022. Musk had also fathered another child with Grimes via surrogate in December 2021, Exa Dark Sideræl.

Musk began the process of buying Twitter (now called X) in April 2022. The pair had flown out to see Grimes' parents on April 9, but Musk had stayed behind at the hotel in "stress mode," weighing whether to buy the social media company, Grimes told Walter Isaacson. The billionaire later made his $44 billion bid on April 14.

What followed was a tumultuous year for both Grimes and Musk. The billionaire began sleeping at the social media company's headquarters and got into a series of political spats.

That same year, Grimes also learned Musk had separately fathered a set of twins with a director at one of his startups. In July 2022, Grimes learned of Musk's twins with Shivon Zilis via a Business Insider report, according to Isaacson's biography on Musk.

In August 2023, Grimes and Musk traveled to Tokyo together, but Musk said in his petition that their relationship broke down shortly after. He said Grimes flew back to California on a commercial flight on August 23 and that their two youngest children "have not been back in Texas" since, according to the court documents.

September 7, 2023: Musk sues Grimes

Musk sued Grimes in Texas in early September to "establish the parent-child relationship" with their three kids.

In his petition, he said he took legal action after he realized Grimes "was not returning to Texas with the younger children." Meanwhile, their eldest son, X, had remained with Musk in Texas.

On the same day Musk filed his custody suit, Grimes wrote and then quickly deleted a post on X calling for Musk to "let me see my son or plz respond to my lawyer," adding in response to a photo of Musk with Zilis: "I have never even been allowed to see a photo of these children until this moment, despite the situation utterly ripping my family apart."

Grimes and Zilis later took to social media to say they were no longer feuding.

September 29, 2023: Grimes sues Musk

Weeks after the Texas suit, Grimes sued Musk in San Francisco, asking for primary physical custody and joint legal custody of their three kids.

Meanwhile, Musk waded into the immigration debate, visiting the US-Mexico border on September 28 and calling for a Trump-style wall.

Ten days prior, Musk took his three-year-old son, X, to a meeting with the president of Turkey in New York. The event led to an awkward exchange in which Turkish President Recep Tayyip Erdoğan asked Musk where his "wife" was.

"Oh, she's in San Francisco," Musk replied. "We're separated, I take care of him mostly."

October 6, 2023: Grimes says the kids don't live in Texas

Grimes responded to Musk's lawsuit in October, arguing that Texas was not the right jurisdiction for the custody battle. In the filing, Grimes said that two of the children had been living with her in California for more than six months before the litigation began and that California is their home state.

She acknowledged that one of the children, X, was not presently in California, but said he was only absent from the state over her objection.

On October 5, Musk learned he was under investigation by the US Securities and Exchange Commission for his Twitter purchase, while on October 7, Musk's X struggled to combat misinformation on the Israel-Hamas war. His company continues to see a mass exodus of advertisers over reports of unchecked hate speech on the site.

November 3, 2023: Grimes tracking down Musk

Grimes revealed in court records on November 3 the lengths to which her team went to serve Musk custody papers, which included tracking his private jets.

Also on November 3, Musk sat down for an interview with UK Prime Minister Rishi Sunak to chat about AI regulation, following a global summit on the issue.

November 20, 2023: Musk accuses Grimes of trying to avoid Texas courts

Musk filed an amended petition on November 20 that accused Grimes of moving to California this year in order to avoid the jurisdiction of Texas, where the billionaire could be ordered to pay significantly less in child support.

The petition was filed only a few days after Musk faced backlash for appearing to boost an anti-semitic post on X. Tesla owners and investors alike spoke out against the billionaire. Then Musk appeared to go on what some called an "apology tour" on November 27.

November 28, 2023: Musk voices security concerns

Musk asked a Texas judge to restrict access to his custody battle for his kids' safety.

That same week, Musk sat down for a bizarre interview with Andrew Sorkin at the Dealbook Summit. At the event, Musk told X advertisers that had fled the platform to "Go fuck yourself" and even directed his comments directly at Disney CEO Bob Iger.

November 30, 2023: Grimes says Musk won't let nannies testify for her

In court records filed at the end of November, Grimes accused Musk of not allowing their children's nannies to testify on her behalf. Family law experts previously told Insider that interviews with nannies might be used to help prove where the kids primarily live.

Grimes said Musk was using nondisclosure agreements that he previously had the nannies sign in order to prevent them from speaking. However, she claimed Musk was "cherry-picking" information from the nannies for his benefit.

On November 30, Tesla hosted its biggest event of the year — Cybertruck deliveries. The 30-minute event drew ire from some Tesla fans after Musk failed to deliver on some of his promises for the vehicle, including its price and range.

December 4, 2023: Musk details evidence of the children primarily living in Texas

In an amended complaint filed in Texas court, Musk included Grimes' own social media posts over recent years in which the musician both explicitly said and heavily suggested she was living in Austin, Texas — including posts from months after she claims she moved to California with her two youngest children.

Musk also detailed aspects of the kids' lives in Texas, including their doctor's visits and schooling. The billionaire also filed another motion to seal the case, arguing his and his children's security is at risk as long as the filings remain accessible to the public.

Meanwhile on social media, Musk has continued to lash out at advertisers who are retreating from his social media platform. On Thursday, the billionaire took aim at Iger again, saying the Disney CEO should be "fired immediately."

December 2023: A Texas judge seals the case to the public

After Musk asked to suspend public access to documents in the case, A Texas judge agreed to close the courtroom to the media and seal the case.

Musk had argued that public interest in the custody battle did not outweigh the safety of his children.

July 27, 2024: Grimes' mother says Musk is 'withholding' the children

In a series of since-deleted posts on X, Grimes' mother, Sandy Garossino, addressed Musk directly, asking him to allow the children to visit their 93-year-old great-grandmother.

"[Grimes] was thrilled for the kids' planned visit to celebrate her birthday this weekend. Today. But those hopes were crushed when the trip was canceled," Garossino wrote on X.

"I am alarmed to learn that the children cannot come as you are withholding them and their needed passport documents from Claire," she added, referring to Grimes by her first name.

Garossino implied that Grimes did not know where the children were and asked Must to "honour your agreement" and return the kids and their documents to her daughter.

"Please Elon, I beg you. This is so painful for my mother, and concerning for the kids. Time is of the essence now," she wrote.

August 2, 2024: Musk and Grimes meet in court for custody hearing

The former couple appeared in Texas court, where they addressed a series of motions, including one brought to halt the proceedings temporarily.

The hearing was closed to the public.

Musk and Grimes' legal representation met at least one more time in court before the case was resolved sometime in August.

November 20, 2024: Grimes opens up about custody dispute

The singer shared details about the legal battle in a post on X, saying she hadn't had time to work on creative projects as of late because "the threat of losing ur kids while going bankrupt fighting for them is not very conducive to creative thoughts."

"I just slept and cried every minute I wasn't explicitly fighting for my kids during that year," she said.

In a follow-up post, Grimes said she had a "fraction" of Musk's wealth and resources."

"Spent a year locked in battle in a state with terrible mothers rights having my instagram posts and modeling used as reasons I shouldn't have my kids and fighting and detaching from the love of my life as he becomes unrecognizable to me, with a fraction of his resources (or iq/ strategy experience), all the while I didn't see one of my babies for 5 months," she said.

November 21, 2024: Business Insider reports that Grimes and Musk have ended their custody dispute in Texas

The clerk's office in Travis County, Texas, confirmed that a judge issued a final order in the case in August.

The status is listed as "closed," according to the clerk's office. Representatives for Musk and Grimes did not respond to request for comment.

It's unclear how the lawsuit was resolved.

The status of Grimes' original San Francisco case is also unclear. A representative from the San Francisco Superior Court told BI they couldn't share information about the case because it was restricted.