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KRT via AP Video

South Korea's Joint Chiefs of Staff said several "projectiles" have been fired into the sea between the Koreas and Japan, per the AP. U.S. Pacific Command spokesman, Commander David Benham, said there were three short-range ballistic missile launches, the NYT reports. Two of them may have failed in flight, one appears to have blown up almost immediately, and they did not pose a threat to North America or Guam, per Benham. Pacific Command is still assessing whether the first two failed in flight.

Why it matters: This comes during the U.S.-South Korean joint military exercises, which North Korea tends to perceive as rehearsals for invasion — the North has already responded by likening the drills to "pouring gasoline on fire." This launch could be bluster and propaganda, a demonstration of force, or a real test of capability. Last year North Korea tested a submarine-launched ballistic missile during the biannual exercises.

Go deeper

Kaine, Collins' censure resolution could bar Trump from holding office again

Sen. Tim Kaine (center) and Sen. Susan Collins (right). Photo: Andrew Harnik/Pool via Getty Images

Sens. Tim Kaine (D-Va.) and Susan Collins (R-Maine) are forging ahead with a draft proposal to censure former President Trump, and are considering introducing the resolution on the Senate floor next week.

Why it matters: Senators are looking for a way to condemn Trump on the record as it becomes increasingly unlikely Democrats will obtain the 17 Republican votes needed to gain a conviction, Axios Alayna Treene writes. "I think it’s important for the Senate's leadership to understand that there are alternatives," Kaine told CNN on Wednesday.

Stark reminder for America's corporate leaders

Rosalind "Roz" Brewer is about to become only the second Black woman to permanently lead a Fortune 500 company. She starts as Walgreens CEO on March 15.

Why it matters: It's a stark reminder of how far corporate America's top decision-makers have to go during an unprecedented push by politicians, employees and even a stock exchange to diversify their top ranks.

Ina Fried, author of Login
Updated 2 hours ago - Technology

Apple's quarterly sales top $100 billion for first time

Credit: Apple

Spurred by strong sales of the latest iPhones, Apple reported it took in a record $111 billion in revenue for the three months ended Dec. 31, as the company crushed expectations.

Why it matters: The move showed even a pandemic didn't dull demand for Apple's latest smartphones.

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