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Why AI is becoming the hottest cost-cutting tool in corporate legal departments

Getty Images; Tyler Le/BI In-house legal teams are moving faster with artificial intelligence. Teams now have access to tools that draft legal documents and compare terms across deals. The efficiency ...

Jan 14Business InsiderTechnology

How Semafor turned Washington into a profit center

Semafor CEO Justin Smith says his company hosted close to 100 events in 2025. His ambition is to build a Washington, DC-based event that's supposed to rivals the annual Davos gathering in Switzerland....

6dBusiness InsiderPoliticsImpact

Wall Street is losing its appetite for Oracle's data center debt

Larry Ellison stands on stage to give a keynote during the company's 2025 conference. Robert Galbraith/Reuters Oracle and OpenAI's have plans to build $500 billion of data centers in a venture called ...

10hBusiness Insidereconomics

Vimeo is laying off staff globally after its $1.38 billion sale to Bending Spoons

Cheng Xin/Getty Images Vimeo is laying off staffers globally in a new round of cuts. The job cuts arrived a few months after tech holding company Bending Spoons bought Vimeo. It's Vimeo's second round...

23hBusiness InsiderTechnologyImpact

The gloves are off in the feud between Sam Altman and Elon Musk

OpenAI executives including CEO Sam Altman (left) published a blog post containing emails that suggest Elon Musk (right) believed the AI company should have attached itself to Tesla for funding. Getty...

1dBusiness InsiderTechnologyImpact

Want a promotion? It might pay to use AI

Active AI users got promoted more quickly at Cisco, the company found. David Espejo/Getty Images Cisco said that employees recommended for promotion used AI more often than those who weren't recommend...

Jan 15Business InsiderTechnologyImpact

Advice from 6 quant executives on succeeding in systematic trading — and in life

Geoffrey Lauprete is the head of Cubist Systematic Strategies. Jeff Yass founded proprietary trading firm Susquehanna International Group. Cubist; Susquehanna Competition for top quant talent has neve...

3dBusiness InsidereconomicsImpact

Lego and Pokémon released a $650 collab, and resellers are already vying to get a bite of the market

Lego Pokémon's Venusaur, Charizard, and Blastoise set. The Lego Group Lego released its first-ever Pokémon set this month. The presale allocation sold out quickly, and it's already a popular target fo...

3dBusiness Insiderlifestyle

How business leaders are responding to Trump's plan to cap credit card interest rates, from JPMorgan to SoFi

Business leaders like Klarna's CEO support Trump's credit card cap proposal, while major banks and investors warn of risks. BRENDAN SMIALOWSKI/AFP via Getty Images Donald Trump proposes a 10% cap on c...

Jan 14Business InsiderPoliticsImpact

Deloitte is overhauling job titles for its US workforce — here's why

Deloitte John Wreford/SOPA Images/LightRocket via Getty Images Deloitte is changing job titles for its US employees and introducing a new leader role. Employees will be told their new job title on Jan...

19hBusiness InsidereconomicsImpact

Read Jerome Powell's letter to senators following his testimony about renovations to the Fed building

Jerome Powell, a particularly mild-mannered speaker, slammed recent attempts to intimidate his department. Li Yuanqing/Xinhua via Getty Images The DOJ is probing Jerome Powell over his congressional t...

Jan 14Business InsiderPoliticsImpact

Why Wall Street's most data-obsessed investors are taking it slowly with generative AI

Quant asset managers haven't adopted AI en masse yet. Michael M. Santiago/Getty Images A new Bloomberg survey of quant investors found that 54% of respondents do not use generative AI for investing. A...

7hBusiness InsidereconomicsImpact

The world's central bankers are rallying around Fed chair Jerome Powell in his fight with Trump

Powell typically abstains from directly engaging with Trump's personal attacks. Al Drago/Getty Images The world's most senior bankers have rallied around embattled Federal Reserve Chair Jerome Powell....

Jan 13Business InsiderPoliticsImpact

David Ellison shakes up Paramount's data and insights team as his tech vision comes into focus

David Ellison's Paramount Skydance is putting data and insights front and center. Patrick T. Fallon/AFP via Getty Images David Ellison is making data a key pillar of Paramount Skydance. Paramount is b...

1hBusiness InsiderTechnologyImpact

3 watch predictions for 2026 that reveal what buyers want next

Cartier is expected to keep gaining momentum in 2026. Yuriko Nakao/Getty Images First-time watch buyers are reshaping the luxury watch market with new purchasing trends in 2026. Younger consumers favo...

3dBusiness InsiderlifestyleImpact

I compared Costco shopping carts of Kirkland Signature products and brand names. The price differences surprised me.

Major retailers typically have several in-house brands. Costco just has one: Kirkland Signature. Kevin Carter/Getty Images Costco sells a lot of brand-name goods at a lower unit price than typical ret...

5dBusiness InsidereconomicsImpact

Map shows how the rich and powerful are descending on Davos by private jet

Private jets from dozens of different countries arrived near Davos on Monday. Pete Syme/Business Insider Business Insider tracked private jets landing near Davos on the first day of the WEF annual mee...

2dBusiness InsidereconomicsImpact

Execs at Davos say AI's biggest problem isn't hype — it's security

AI cybersecurity is a top concern for some execs right now. Donato Fasano/Getty Images Business leaders at the World Economic Forum highlight AI security as a top concern. Executives like Raj Sharma a...

2dBusiness InsiderTechnologyImpact

Luxury retail giant Saks files for bankruptcy

Saks Global, which owns the iconic Saks Fifth Avenue department store, has filed for bankruptcy. Jimin Kim / SOPA Images/Reuters Saks Global has filed for Chapter 11 bankruptcy protection. The luxury ...

Jan 14Business Insidereconomics

The Supreme Court is about to weigh in on the Fed's independence in a case that goes beyond Jerome Powell

Chip Somodevilla/Getty Images; SAUL LOEB/Getty Images; Tom Williams/Getty Images; Tyler Le/BI The Supreme Court is set to hear arguments over whether Trump can fire Fed board member Lisa Cook. The ora...

3dBusiness InsiderPoliticsImpact
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