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☆ This Canadian city has found the sweet spot between low cost of living and high quality of life
▼ + stars: | 2024-06-17 | by ( Polly Thompson | ) www.businessinsider.com time to read: +1 min

Many Americans are struggling to afford a fun lifestyle amid the high cost of living. But just north of the border, Montreal offers residents a balance between high quality of life and low prices. Only a handful of major cities have found that sweet spot, according to consulting firm Mercer. But one Canadian city has found the perfect balance between offering its residents a great quality of life for a relatively low cost, according to Mercer's 2024 cost of living report. The study compared 226 cities worldwide according to their cost of housing, transport, food, clothing, household goods, and entertainment.

Persons: Mercer, — Organizations: Service, Business Locations: Montreal

☆ These are the most expensive, and cheapest, cities to live in if you're an expat
▼ + stars: | 2024-06-17 | by ( Polly Thompson | ) www.businessinsider.com time to read: +1 min

A new study by Mercer ranked 226 cities in the world based on how expensive they are to live in. Four of the most expensive cities are in just one country. One Canadian city ranked highest for finding the balance between cost and quality of living. AdvertisementSome expats seek a better quality of life in a cheaper city; others follow a dream job posting to an expensive metropolitan hub. New research by consulting firm Mercer has revealed the ten most expensive cities for international employees to live in in 2024.

Persons: —, Mercer Organizations: Mercer, Service, Business

☆ Tell us if you've had an intimate relationship with a colleague, or you could get fired, oil giant warns staff
▼ + stars: | 2024-06-11 | by ( Polly Thompson | ) www.businessinsider.com time to read: +1 min

Workers must now declare any intimate relationship with a colleague, even if there is no conflict of interest. In September, now-ex-CEO Bernard Looney was found to have committed "serious misconduct" over an employee relationship. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . BP informed all employees last week that they must disclose any intimate relationships with colleagues, or they could face disciplinary action, the company confirmed to Business Insider. This story is available exclusively to Business Insider subscribers.

Persons: Bernard Looney, —, hadn't Organizations: Workers, Service, BP, Business

☆ Boutique investment bank Moelis has placed a senior banker on leave after a video circulated online appearing to show him punching a woman
▼ + stars: | 2024-06-10 | by ( Polly Thompson | ) www.businessinsider.com time to read: +1 min

Investment bank Moelis & Co. is investigating a "serious incident" involving one of its employees. On Sunday, a video showing a man appearing to punch a woman in Brooklyn, New York, surfaced online. The employee has been placed on leave, the bank told Business Insider on Monday. AdvertisementA senior banker at boutique investment firm Moelis & Co. has been placed on leave after a "serious incident" over the weekend in Brooklyn, New York. On Sunday, a video circulated online appearing to show a man punching a woman in the face in the street.

Persons: — Organizations: Moelis, Service, Business Locations: Brooklyn , New York, Brooklyn

☆ Tokyo is launching a dating app where users have to verify their income and promise they want to get married, as Japan fights tumbling birth rates
▼ + stars: | 2024-06-06 | by ( Polly Thompson | ) www.businessinsider.com time to read: +1 min

The government of Tokyo is launching an app to help its citizens find love — and get married. Japan is experiencing record-low birth and marriage rates and the numbers are particularly bad in Tokyo. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementIn February, Japan's government said "unprecedented steps" must be taken to tackle the country's record-low birth rates. This story is available exclusively to Business Insider subscribers.

Persons: Elon Musk, —, Japan's Organizations: Service, Business Locations: Tokyo, Japan

☆ John Oliver warns India is 'sliding towards authoritarianism' as Modi declares victory in tighter-than-expected election
▼ + stars: | 2024-06-04 | by ( Polly Thompson | ) www.businessinsider.com time to read: +3 min

Read previewTV host John Oliver took aim at India's elections and its prime minister, Narendra Modi, on Sunday night, warning that the nation was "sliding towards authoritarianism." In his classic "roast" style, Oliver noted Modi's increasing tendency towards censorship and anti-Muslim rhetoric. Finally, Oliver called for an end to the "uncritical, fawning praise" for Modi coming from the international community. AdvertisementThough Modi and the BJP appear to have come out on top, the party's lead is surprisingly narrower than expected. Prior to voting, Modi said the BJP sought to win around 400 seats, per the BBC.

Persons: —, John Oliver, Narendra Modi, Modi, there's, Oliver, Modi's, There's, He's Organizations: Service, Business, HBO, North, Bharatiya Janata Party, BJP, BBC Locations: India, Ukraine, North Korea, Sudan, British

☆ Saudi Arabia is trying to build the largest linear city ever. It's a visionary but flawed concept, urban planners say.
▼ + stars: | 2024-06-02 | by ( Polly Thompson | ) www.businessinsider.com time to read: +7 min

Although recent reports suggest the plans have been scaled back, the 2.4km still due to be built will be the largest linear city in existence if it is completed. The Spanish architect Arturo Soria is widely credited with designing the first linear city, "La Ciudad Lineal," in 1882 on the outskirts of Madrid. "Linear cities are an extreme form of urban dispersal — community development and social cohesion still need centrality," Gold told BI. A linear city may not have this capability," explained Lovgreen. In my opinion, linear city schemes are best left as design exercises for third-year architectural students," Gold said.

Persons: —, Arturo Soria, Le Corbusier, Mikhail Okhitovich, Mona Lovgreen, Lovgreen, Adhya, Bland, I'm, John Gold Organizations: Service, Business, Lawrence Technological University, Ciudad, Oxford Brookes University Locations: Saudi Arabia, Spanish, Madrid, Swiss, French, Magnitogorsk, Neom, Paris, Portland, Saudi, NEOM, Tabuk Province

☆ An unofficial Lego event filled with 'empty space and piles of loose Lego' has been compared to the infamous Willy Wonka experience
▼ + stars: | 2024-05-31 | by ( Polly Thompson | ) www.businessinsider.com time to read: +1 min

Brick Fest Live was promoted as the "UK's biggest Lego festival." Instead, the "bleak" convention hall left fans feeling like they'd been conned. The event is being compared to the disastrous Willy Wonka experience that went viral for being so bad. AdvertisementBritish Lego fans were left feeling less than impressed last weekend after a convention dubbed the "UK's biggest Lego festival" turned out to be a "bleak" half-empty room. Brick Fest Live UK was held from May 25 to 27 in the British city of Birmingham.

Persons: Willy Wonka, — Organizations: Service, Fest, Business Locations: British, Birmingham

☆ Wagyu beef, $1,200 swing sets, and fake trees are helping drive up Costco sales
▼ + stars: | 2024-05-31 | by ( Polly Thompson | ) www.businessinsider.com time to read: +1 min

Newly appointed CEO, Ron Vachris, highlighted some of the items that were driving the bottom line. Wagyu beef, golf clubs, artificial trees, and gold bars are all being snapped up by customers. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementCostco is having a good year, and it has a range of "unique items'" to thank. The products driving these gains for the retail giant include artificial trees, Swedish dish towels, wagyu beef, and, a unique Costco favorite, gold bars.

Persons: Ron Vachris, — Organizations: Costco, Service, Business Locations: Swedish

☆ Trump seemingly sold one of his private jets to a major Republican donor
▼ + stars: | 2024-05-30 | by ( Polly Thompson | ) www.businessinsider.com time to read: +1 min

Donald Trump has reportedly sold one of his personal jets to a Republican donor. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementDonald Trump has seemingly sold one of the planes from his prized fleet of private jets to a Republican donor. As Business Insider previously reported, on May 13, Trump's 1997 Cessna Jet was deregistered from the Trump Organization's DT Air Corp. This story is available exclusively to Business Insider subscribers.

Persons: Donald Trump, Trump, — Organizations: Cessna, Service, Trump Organization's DT Air Corp, Fleet Holdings, Federal Aviation Administration, Business Locations: Dallas, Dallas , Texas

☆ Shaquille O'Neal says the stakes are high for Reebok as it eyes a return to basketball: 'If this doesn't work, everyone's leaving'
▼ + stars: | 2024-05-29 | by ( Polly Thompson | ) www.businessinsider.com time to read: +1 min

Legends of the game like Allen Iverson, Dominique Wilkins, and Shaquille O'Neal all sported Reeboks. The brand has now partnered with O'Neal to try to regain its status in the sport. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . But fast-forward to 2024, and Reebok finds itself a long way behind the likes of Nike, Adidas, and Jordan. This story is available exclusively to Business Insider subscribers.

Persons: Allen Iverson, Dominique Wilkins, Shaquille O'Neal, O'Neal, —, Dee, Allen Iverson's Organizations: Reebok, Service, Reebok Pumps, Nike, Adidas, Business Locations: Jordan

☆ Big Tech is cozying up to Argentina's firebrand president as it sets its sights on the country's 'white gold'
▼ + stars: | 2024-05-29 | by ( Polly Thompson | ) www.businessinsider.com time to read: +1 min

Argentina's President Javier Milei is in the US to meet with leaders of the world's biggest tech companies. Tim Cook, Mark Zuckerberg, Sundar Pichai, and Elon Musk have all agreed to meet with him, his spokesman said. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Milei's schedule includes private meetings with three of tech's biggest names: Google CEO Sundar Pichai, Apple boss Tim Cook, and Meta founder Mark Zuckerberg.

Persons: Javier Milei, Tim Cook, Mark Zuckerberg, Sundar Pichai, Elon Musk, —, Joe Biden, he's Organizations: Service, Business Locations: West, Silicon Valley

☆ A flight attendant broke her back during severe turbulence on a flight in Turkey — the 3rd major incident of its kind in a week
▼ + stars: | 2024-05-28 | by ( Polly Thompson | ) www.businessinsider.com time to read: +4 min

Read previewA Turkish Airlines flight attendant has broken her back after the plane she was on hit turbulence, local media reported. The turbulence hit while the plane was flying over Turkey, Dublin Airport told Business Insider. AdvertisementIt isn't clear if the patch of turbulence hit by the Qatar plane was the same as that which impacted the Turkish Airlines flight. AdvertisementSevere turbulence dislodged oxygen masks and caused injuries to dozens of passengers on Singapore Airlines flight SQ321. Instances of severe injuries linked to turbulence remain rare, with around a dozen people a year badly hurt due to turbulence in the US, according to the FAA.

Persons: —, Geoff Kitchen, Stringer, Emma Henderson Organizations: Service, Turkish Airlines, Airbus, Turkey's, Business, Hurriyet, Qatar Airways, Dublin, Dublin Airport, Singapore Airlines, Reuters, Associated Press, FAA, UK's University of Reading Locations: Turkey's, Istanbul, Izmir, Doha, Turkey, Qatar

☆ Aramco share sale planned for summer could net Saudi Arabia a welcome $10 billion amid its Neom project struggles
▼ + stars: | 2024-05-27 | by ( Polly Thompson | ) www.businessinsider.com time to read: +3 min

Read previewSaudi Arabia looks set for a multibillion-dollar share sale in its state oil company, Saudi Aramco. AdvertisementThe government of Saudi Arabia remains the largest shareholder in Aramco, which is the world's largest oil company by market cap. AdvertisementThe kingdom has embarked on a number of "gigaprojects" as part of the 2030 plan, including its Neom megacity. But recent reports suggest Saudi Arabia has been seeking to borrow funds for the project, while also scaling back population estimates for The Line. In January, it said that its cash as of September had dropped to around $15 billion — the lowest level since December 2020, The Wall Street Journal reported.

Persons: —, Prince Mohammed bin Salman's Organizations: Service, Reuters, Business, Aramco, Saudi Aramco, Saudi, Public Investment Fund, Bloomberg, Street Journal Locations: Saudi Arabia, Saudi Aramco, Aramco, Saudi

☆ US law firms ramp up London talent war with huge junior lawyer salaries and high-profile hires
▼ + stars: | 2024-05-27 | by ( Polly Thompson | ) www.businessinsider.com time to read: +1 min

US law firms are increasingly poaching top UK lawyers. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementUS law firms are pushing ahead with their bid to dominate the City of London's legal scene. Latham & Watkins, the world's second-largest law firm by revenue, is just one such firm targeting the UK market. Last year, Latham poached top capital markets lawyer Mark Austin from Freshfields Bruckhaus Deringer, a member of the "magic circle" — a term used to describe five elite UK law firms.

Persons: Watkins, —, Latham, Mark Austin, Bruckhaus Organizations: Latham, London, Service, Business

☆ These 6 US cities are the greatest 'engines of the global economy' beating financial hubs like London and Singapore, a study of 1,000 cities worldwide says
▼ + stars: | 2024-05-22 | by ( Polly Thompson | ) www.businessinsider.com time to read: +1 min

Six US cities have been ranked as having world-leading economic vitality by the Oxford Economics Global Cities Index. But while they perform well on economic factors, the cities fall down on governance and quality of life. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . However, according to the latest Global Cities Index from research group Oxford Economics, six US cities are still the leading "engines of the global economy." This story is available exclusively to Business Insider subscribers.

Persons: —, exoduses Organizations: Oxford Economics, Service, Oxford, Dallas, Business Locations: York, Los Angeles, San Jose, Seattle, San Francisco

☆ One of the world's richest people just got a serious lesson in the 'Streisand effect'
▼ + stars: | 2024-05-21 | by ( Polly Thompson | ) www.businessinsider.com time to read: +1 min

Australian billionaire Gina Rinehart didn't want her portrait hanging in the national gallery. It's a clear example of the "Streisand effect" — causing the exact opposite of what she wanted. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAustralia's richest woman, Gina Rinehart, did not want people to see her portrait. This story is available exclusively to Business Insider subscribers.

Persons: Gina Rinehart didn't, —, Gina Rinehart, Rinehart Organizations: Service, Gallery of Australia, Business Locations: Canberra

☆ Billionaire defense entrepreneur Palmer Luckey has a home like a Bond villain's lair — complete with helicopters, a giant fish tank, and an underground missile base filled with video games
▼ + stars: | 2024-05-19 | by ( Polly Thompson | ) www.businessinsider.com time to read: +1 min

Palmer Luckey's startup Anduril is producing futuristic weapons of war. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThe defense tech startup Anduril is making some of the most futuristic autonomous weapons on the market as it tries to reinvent the military's wheelhouse. But the company's forward-thinking vision hasn't stopped founder Palmer Luckey from amassing his own collection of older military-grade vehicles and boy's toys.

Persons: Palmer, James Bond, Luckey, —, hasn't, Palmer Luckey Organizations: Bloomberg, Service, US Navy, Marine Corps, Business

☆ Putin wouldn't have invaded Ukraine when he did if he'd had AI tools, says Anduril founder Palmer Luckey
▼ + stars: | 2024-05-16 | by ( Polly Thompson | ) www.businessinsider.com time to read: +1 min

Anduril founder Palmer Luckey believes the technology will lead to better decision-making and fewer blunders. Putin wouldn't have invaded Ukraine when he did if AI had helped him strategize, Luckey told Bloomberg. But Anduril founder Palmer Luckey believes the technology will improve war for everyone. "AI is going to be a tool to put all the cards on the table for everyone," Luckey told Bloomberg's Emily Chang in the latest episode of "The Circuit." "My hope is that you're going to have dictators who make better decisions because even they have better information from AI."

Persons: Palmer Luckey, Putin wouldn't, strategize, Luckey, —, Emily Chang Organizations: Bloomberg, Service, Business Locations: Ukraine

AdvertisementWarning: Spoilers for the first four episodes of "Bridgerton" season 3 and the book "Romancing Mr. Bridgerton" ahead. AdvertisementHannah Dodd as Francesca Bridgerton on season three, episode two of "Bridgerton." Season 3 should've built on 'Queen Charlotte' moreQueen Charlotte and Lady Danbury are underutilized so far in season three. Cressida's story is one of the best parts of the season so farCressida Cowper is given more depth in "Bridgerton" this season. "Bridgerton" season three, part two premieres June 16 on Netflix.

Persons: —, Caralynn Matassa, Palmer Haasch, Adekaiyero —, Bridgerton, Penelope, Colin, schtick, Luke Newton doesn't, Luke, Caralynn, Jonathan Bailey, Palmer, that's, I'm, Eloise, Cressida, Debling, Lord Debling doesn't, Polin, they've, he's, Liam Daniel, Netflix Palmer, — they're, Kanthony, Anthony, Kate, Anthony didn't, Daphne, Simon, Benedict whoring, Benedict, Lady Tilley Arnold, Lady Tilley, Francesca, John, Kilmartin, Hannah Dodd, Francesca Bridgerton, Fran, Hannah, Violet, Claudia Jessie, I've, Charlotte, Lady, Laurence Cendrowicz, Lady Danbury, Queen Charlotte, Golda Rosheuvel, they'd, Danbury, Lord Marcus, Lady Danbury haven't, Lady Featherington, Lord Debling, Featherington, Polly Walker, it's, Will Mondrich, Mondrich, Jean Page's, Alice, Will, doesn't, Cressida Cowper, Lady Whistledown, we've Organizations: Service, Business, —, Netflix Locations: Polin's, Lady Danbury, Queen, Lady, India

☆ Is Lord Debling in the 'Bridgerton' books? Here's what to know about the new season 3 character courting Penelope
▼ + stars: | 2024-05-16 | by ( Olivia Singh | ) www.businessinsider.com time to read: +5 min

Here's everything you need to know about Lord Debling and how he influences Polin's love story on the show. Lord Debling isn't part of Julia Quinn's novelsPenelope Featherington (Nicola Coughlan) and Lord Debling (Sam Phillips) on season three of "Bridgerton." But Lord Debling doesn't appear anywhere in the novel or the book series as a whole. On 'Bridgerton,' Lord Debling courts Penelope Featherington but stops once he realizes she has feelings for Colin BridgertonLord Debling (Sam Phillips) and Penelope Featherington (Nicola Coughlan) on season three of "Bridgerton." When Lord Debling meets Penelope, they bond over being perceived as outsiders because of their uniqueness.

Persons: —, Penelope Featherington, Colin Bridgerton, Luke Newton, Nicola Coughlan, Julia Quinn's, Lord Debling, Sam Phillips, Penelope, Debling, Netflix Colin, Bridgerton, Debling doesn't, he's, Kelly Valentine Hendry, Phillips, Sam, he'd, Whistledown, Cressida Cowper, Jessica Madsen, Debling's, Colin, Portia Featherington, Polly Walker, Cressida, doesn't, hasn't Organizations: Service, Netflix, Business Locations: wallflower

☆ Dell to start handing out red flags to staff who don't come to the office enough, and some employees feel 'tracked like kindergarteners'
▼ + stars: | 2024-05-15 | by ( Polly Thompson | ) www.businessinsider.com time to read: +8 min

Dell started monitoring attendance on May 6 and will make the data visible on each hybrid employee's profile on HR platform Workday this week. Dell's memo states: "As the next step in implementing our Hybrid Work Policy, we will track onsite presence using badge swipes for hybrid-designated team members." The color by their name will be considered for performance evaluations, rewards, and compensation, Dell told employees. Staff who opted to remain remote during the company's overhaul of its hybrid work policy, which was first announced in February, will not be monitored. AdvertisementDell's HQ in Round Rock Texas, where staff attendance will be monitored.

Persons: —, Michael Dell, Dell, Brandon Bell Organizations: Service, Business, Dell, Dell Technologies, Staff, BI, Google, Deutsche Bank Locations: Round Rock

☆ Meet L'Oréal heiress Françoise Bettencourt Meyers, the world's richest woman and the first woman to ever hit a $100 billion fortune
▼ + stars: | 2024-05-14 | by ( Polly Thompson | Taylor Nicole Rogers | Sarah Jackson | ) www.businessinsider.com time to read: +1 min

Her relationship with her mother came to a tipping point when Bettencourt Meyers initiated a decade-long family feud over her inheritance. A photographer named François-Marie Banier was the subject of a disagreement between Bettencourt Meyers and her mother. In a 2008 letter to Banier, Bettencourt described their relationship to him, writing: "With you, I am like a mother, a lover, all the feelings pass through me. Bettencourt Meyers told a French news magazine in 2009 that Mr. Banier's "objective is clear: break away my mother from our family to profit from her. He was sentenced to two and half years in prison and told to pay Bettencourt 158 million euros in damages.

Persons: Bettencourt Meyers, Marie Banier, François, Liliane Bettencourt, Bettencourt, Banier, Bainer, Butler Organizations: New York Times, Banier, Netflix

☆ A law firm that boasts of being the 'most-feared' in the world is boosting pay for newly qualified London lawyers to $225,500
▼ + stars: | 2024-05-13 | by ( Polly Thompson | ) www.businessinsider.com time to read: +1 min

US law firm Quinn Emanuel has upped pay for junior lawyers to $225,500. Legal pay has been increasing, but keeping pace with the deep pockets of US-based rivals is challenging for UK firms. AdvertisementQuinn Emanuel, one of the largest global litigation firms, just made a major play to attract young talent in London. The firm is increasing base annual salaries for young lawyers to $225,500 (£180,000), according to a statement published on Friday. This story is available exclusively to Business Insider subscribers.

Persons: Quinn Emanuel, —, Law.com Organizations: Service, Business Locations: London

☆ Saudi Arabia's Neom is looking to fill 262 job vacancies. The roles show just how futuristic the megacity could be.
▼ + stars: | 2024-05-12 | by ( Polly Thompson | ) www.businessinsider.com time to read: +7 min

Saudi Arabia's sprawling megacity, Neom, is billed as a chance to live in the "new future." AdvertisementOfficials say Neom will be a "cognitive city." The chosen candidate will control and operate the fish laboratory, ensuring high standards of fish welfare and supporting surveillance and investigation activities into fish health and disease control. Developers have said they want the island resort Sindalah to act as an "exclusive gateway to the stunning Red Sea." An image showing a nighttime view of mountains in the region in northwest Saudi Arabia where planners say Neom will be built.

Persons: —, Neom, Prince Mohammed bin Salman's, Neom's Organizations: Service, Tech, NEOM Community School Locations: Saudi, Saudi Arabia, Tabuk, Sindalah, Gulf, Aqaba, Neom, Oxagon

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