The story of North Korea's 'Hotel of Doom'
- The Ryugyong Hotel -- named after a historical moniker for Pyongyang meaning "capital of willows" -- was supposed to open just two years later.
- The year before construction commenced, a South Korean firm had built what was then the world's tallest hotel, the Westin Stamford in Singapore.
- As part of North Korea's political response to the South's achievements, Pyongyang organized the 1989 World Festival of Youth and Students, a sort of socialist version of the Olympics.
- The country planned to build the massive hotel just in time for the event, stealing the world record away from the South.
- In 2014, a 23-story apartment building collapsed in Pyongyang because construction was "not done properly," according to North Korean state media reports.
- The Ryugyong Hotel is no longer the tallest building in the Korean peninsula: The Lotte World Tower in Seoul, completed in 2017, surpassed it by nearly 800 feet (240 meters).
Drug companies fail to reach settlement ahead of opioid crisis trial
- Cleveland, Ohio (CNN) - Six drug companies accused in thousands of lawsuits over their role in the nation's opioid epidemic failed to reach a settlement with governments across the country, setting the stage for a high-profile trial Monday.
- The six defendants include three pharmaceutical distribution companies — AmerisourceBergen, Cardinal Health, and McKesson Corporation — a smaller distributor called Henry Schein Medical, generic drug company Teva Pharmaceuticals and pharmacy chain Walgreens, according to court documents.
- The talks lasted more than 10 hours and took place between the four distribution companies' CEOs, attorneys general from Tennessee, North Carolina, Pennsylvania and Texas, and lawyers representing over 2,000 state, local and Native American tribal governments.
- There were talks earlier this week with five companies settling for potentially settling for $50 billion, according to a source familiar with the negotiations.
A missing Sasquatch statue was just found alone in the woods
- A statue of Sasquatch was taken from a landscaping company in Linville, North Carolina, in August.
- The Avery County Sheriff's Office and other people in the area were searching for the statue for months, and someone just found it in a remote area more than 30 minutes away.
- The sheriff's office said a man named Mike was going through a remote area when he saw Sasquatch.
- Sheriff Kevin Frye told CNN on Thursday that it didn't seem like the statue had been in that location for very long, and it was probably recently dropped off there.
- For now, Sasquatch is under camera surveillance at the Avery County Sheriff's Office.
- Hopefully within the week it will be back at its home at Mountaineer Landscaping, which is trying to pay back an insurance company that covered the loss of the statue.
- Until its next home is determined, people will be keeping an eye on Bigfoot.
Welcome to the Land
- Or not, because somewhere a few miles short of Point Barrow, the tick on the gauge between beach and road swings firmly into beach, and that was where I got lucky, because instead of plowing my rented 4WD into an Arctic sand pit, I saw two tourists who had done the same.
- “Why’d they do that?” she asked, and the that seemed to indicate not just the stranded truck or our attempts to free it, but whatever choices had led us here, a few miles south of the northernmost point in the USA, Utqiagvik, Alaska, the Arctic, a place that is not just a cardinal direction but so far away from everything that it is defined by its liminality, its edge-ness, like reality had a border where the night is the day and the road is the beach and the bears.
These ridiculous photos of Kim Jong Un riding a white horse mean everyone should actually be taking North Korea very seriously
- North Korean leader Kim Jong Un had a photoshoot on a white horse on Mt. Paektu, a symbolically important location for his family and for North Korea.
- Photos of the North Korean leader climbing the mountain on horseback is "a great event of weighty importance in the history of the Korean revolution," according to KCNA, the North Korean state media.
- There are postage stamps of Kim Jong Il riding white horses on Mt. Paektu, according to Michael Madden, a North Korea researcher for the Stimson Center, but "no one's had the balls to take a horse up there," he said.
- There are two Kim family compounds nearby, including one built by Kim Jong Il on Mt. Paektu, Madden told Insider.
- Madden told Insider that the photo shoot most likely portends a military announcement of some kind, possibly that North Korea and China are announcing a long-term strategic aggreement.
Bank of America’s Cloud Expansion Could ‘Save a Ton of Money,’ CEO Says
- This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.
- Informa PLC's registered office is 5 Howick Place, London SW1P 1WG.
- Lananh Nguyen (Bloomberg) -- Bank of America Corp.
- is moving deeper into the cloud.
- The Charlotte, North Carolina-based company’s internal cloud services have enabled it to cut the number servers it uses to 70,000 in 23 data centers, from 200,000 in 67 sites, Chief Executive Officer Brian Moynihan told analysts on a conference call Wednesday.
- The bulk of applications run on about 8,000 servers.
- While the bank considers the private cloud to be cheaper than using third parties, that’s likely to change, he said.
- A team run by Cathy Bessant, chief operations and technology officer, is vetting cloud vendors, particularly in the areas of security and data privacy.