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Disney's sluggish stock threatens to dent CEO Bob Iger's legacy

Disney's stock is casting a shadow over CEO Bob Iger. Variety/Getty Images; Getty Images; Tyler Le/BI A sluggish Disney stock threatens to dent CEO Bob Iger's legacy. The stock is far below its all-ti...

1dBusiness InsidereconomicsImpact

Student-loan borrowers behind on payments are getting a major break, the US education secretary says

Education Sec. Linda McMahon said that wage garnishments for defaulted student-loan borrowers are on pause. Chip Somodevilla/Getty Images Education Sec. Linda McMahon said that wage garnishments for d...

22hBusiness InsiderPoliticsImpact

Elon Musk’s $1tn mega-bonus is now a meme

Expect the idea to pop up in more conventional boardrooms...

4dFinancial TimeseconomicsImpact

The Atlantic, Penske, and Vox Media have all sued Google for antitrust violations

Lawsuits seeking damages from Google's illegal ad tech monopoly are piling up following the Justice Department's successful antitrust case . Vox Media, The Verge's parent company, is the latest in a w...

2dThe VergeeconomicsImpact

WeatherTech founder might be the newest US consumer protection official

President Donald Trump made an unconventional pick for his nomination to the Federal Trade Commission: WeatherTech founder and CEO David MacNeil. MacNeil founded the company, which makes weather-resis...

3dThe VergePoliticsImpact

Amazon is not happy with Saks

Amazon is putting up a fight over Saks Global's bankruptcy financing plan. Scott Olson/Getty Images; Matthias Balk/picture alliance via Getty Images Amazon is pushing back against Saks Global's bankru...

1dBusiness InsidereconomicsImpact

ACA health insurance enrollment dropped by 1.4 million. See which states had the biggest swings.

Millions are at risk of losing health insurance without Affordable Care Act subsidies. The Washington Post/The Washington Post via Getty Images 1.4 million fewer Americans enrolled in ACA marketplace ...

6hBusiness InsiderHealthImpact

IMF presses governments to step up support for workers displaced by AI

Analysis finds evidence of the technology hitting wages and employment in certain areas...

3dFinancial TimeseconomicsImpact

Washington moves to strip sovereign wealth investors of US tax perk

Proposed IRS code changes would alter the calculus for SWFs to invest in America...

1dFinancial TimesPolitics

Do you trust AI enough to stop saving for retirement?

The Tesla board has proposed a pay package for Elon Musk that could be worth up to $1 trillion. ALLISON ROBBERT/Getty Images; Getty Images; Tyler Le/BI This post originally appeared in the Business In...

1dBusiness InsiderTechnologyImpact

'Task' versus 'purpose': Nvidia CEO Jensen Huang explains why AI won't kill jobs.

Nvidia CEO Jensen Huang Steve Marcus/REUTERS Nvidia CEO Jensen Huang noted a key difference between tasks and your job's broader purpose. AI automates tasks but preserves the purpose of many jobs in k...

1dBusiness InsiderTechnology

I made over $30,000 from my side hustles this year. The extra money is great, but I felt like I never stopped working.

The author has a corporate job but also freelances as a writer and teaches mahjong. Courtesy of the author Freelance writing for various media outlets and teaching mahjong helped me generate over $30,...

2dBusiness InsiderlifestyleImpact

Citigroup profit slips as expenses rise amid sweeping overhaul

Chief executive Jane Fraser is pushing through bank’s biggest restructuring in more than a decade...

3dFinancial Timeseconomics

Coca-Cola scraps Costa Coffee sale after bids fall short

Coke had been seeking about £2bn after paying £3.9bn for UK coffee chain in 2018...

3dFinancial Timeseconomics

Wall Street groups hire traders to wade into prediction markets

Big financial companies expand beyond traditional securities to arbitrage event contracts in sport and politics...

3dFinancial TimeseconomicsImpact

As Vietnam’s US trade surplus overtakes China, Trump replaces envoy to fix ‘imbalance’

The Trump administration plans to ‌replace the US ambassador to Vietnam with a nominee set on addressing “imbalanced” trade relations, as Hanoi’s goods trade surplus ‍with Washington surpassed China’s...

4dSouth China Morning PostPoliticsImpact

Point72 sells off stakes of fintech startups to Goldman Sachs and others

Steve Cohen is the owner of the New York Mets. Joe Raedle/Getty Images A new continuation vehicle has acquired stakes in Point72's fintech startups, a press release states. The new fund raised $280 mi...

3dBusiness InsidereconomicsImpact

Taiwan says ‘general consensus’ reached with US on trade deal

US media reports say tariffs will be cut to 15 percent in exchange for TSMC investment....

4dAl JazeeraPolitics

Figma CEO Dylan Field says he has a 'bias' for hiring young workers because they're likely AI natives

Figma CEO Dylan Field. Kimberly White/Getty Images for TechCrunch Figma CEO Dylan Field says AI skills give young professionals a hiring advantage. Field emphasizes that younger workers are often more...

19hBusiness InsiderTechnologyImpact

Business spending on OpenAI models jumps to a record, new data shows

OpenAI CEO Sam Altman Florian Gaertner/Photothek via Getty Images/Reuters OpenAI leads enterprise AI adoption, far outpacing Anthropic and Google, according to new data. Ramp data shows 46.6% of US bu...

2dBusiness InsiderTechnologyImpact
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