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Read previewIt has been nearly eight years since my three Welsh children have visited my family in the United States. Bigger cars and bigger roadsAfter landing in Washington, DC, and retrieving our bags, we entered the parking lot. The two older kids quickly observed that the cars weren't like the ones in the UK. My kids immediately noticed that, along with cars, the roads in the US are much bigger than in the UK. "All the food is big," one of them whispered to me as he gazed at the shelves of food.
Persons: , it's, we've, they've, Bob Evans Organizations: Service, Business, DC, AC Locations: United States, Washington ,, GMCs
I would have never guessed that being single, juggling my career, graduate school, and parenting two toddlers would be stamped on my bingo card. As a single mom of two, every achievement feels even sweeter. Graduating with a Master's of Social Work from the University of Texas at Arlington with two toddlers feels more than a personal achievement. As a first-generation high school and college graduate, I knew obtaining another degree would be challenging. When my children napped, I scheduled work blocks to focus on work calls and client updates.
Persons: It's, we'd, Dory Organizations: Service, University of Texas Locations: Arlington
I've been a real-estate agent in New York City, Long Island, and the Hamptons for five years. I'm also on the second season of the HBO show "Selling the Hamptons," and I'm the founder of Finding Space, a weekly newsletter of the trends I'm seeing in real estate. 1 recommendation if you want to be away from the crowds and remain exclusive while having access to the beach and East Hampton. AdvertisementEast Hampton has a bit more to doPeople really gravitate toward East Hampton. These are the Hamptons hot spots for summer 2024I always rave about this Mediterranean-inspired restaurant in East Hampton called Sí Sí.
Persons: , Jonathan Yarton, It's, I've, I'm, Yarton, Jimmy Fallon, you'll, Bibloquet, Topping Rose, There's, Lauryn Haas Organizations: Service, Hamptons, HBO, Business, Southampton Locations: Rochester , New York, New York City, Long, Europe, NYC, Southampton, East Hampton, Sagaponack, Hampton, There's, Sag, Sag Harbor, Montauk, Amagansett, It's, Bridgehampton, Almond, lhaas@businessinsider.com
"Wire $300,000 dollars to bitcoin account within 12 hours," the email to Kirkhorn added, according to the incident report. The case was ultimately suspended and no arrest was ever made, according to the incident report and Dark. AdvertisementSome Tesla workers told BI that tight production deadlines and the intensity of the work could sometimes create a high-pressure environment. We were just standing outside the building waiting to go back to work," one worker, who was there during the ordeal, told BI. The sheriff's office told local news at the time that the building was cleared and there was "nothing to substantiate the presence of a shooter at all."
Persons: , Elon Musk, Musk, Tesla, Zachary Kirkhorn, Zachary Kirkhorn —, Austin Gigafactory, Kirkhorn, Travis, Kristen Dark, SUZANNE CORDEIRO, Austin, Joe Biden, Justin Mathew McCauley of, McCauley's, McCauley, Justin Sullivan, they'd, Apu Gomes, X, Mark Zuckerberg, Zuckerberg, Meta, Sheryl Sandberg, John Lennon Organizations: Service, Business, Securities, Exchange Commission, BI, YouTube, Tesla's, Tesla, Street Journal, Office, Musk, FOX, Austin, Factory, Getty, Elon, SEC, Meta, Twitter, BBC Locations: Austin, Travis, Texas, Nigeria, Justin Mathew McCauley of Minnesota, Minnesota, Fremont , California, Tesla's, Sparks , Nevada, Nevada
Read previewPresident Joe Biden's administration is moving toward a plan that would allow US military contractors to deploy to Ukraine for the first time in a limited capacity, CNN reported. Advertisement"The President is absolutely firm that he will not be sending US troops to Ukraine," they added. AdvertisementThey also said that the move would likely see numbers from just a few dozen, up to around 200, contractors in Ukraine at any one time. In February, European leaders balked at French President Emmanuel Macron's statement that the deployment of Western troops to Ukraine should not be ruled out. Allowing US private contractors to go to Ukraine would not be the first time that the Biden White House has crossed its self-imposed red lines regarding support for Ukraine.
Persons: , Joe Biden's, Biden, Emmanuel Macron's, Macron Organizations: Service, CNN, Pentagon, Business, NATO, Biden White Locations: Ukraine, Iraq, Afghanistan
But, not all AI startups are created equal. AdvertisementBusiness Insider surveyed nine VCs who invest in AI startups at firms like Bain Capital Ventures, Flybridge, and Sapphire Ventures. Startups building AI's "picks and shovels" are a better bet than yet another LLMStep aside, OpenAI and Anthropic. In contrast, unstructured data encompasses various formats such as text documents, images, audio files, emails, social media posts, and videos. Some AI investors say they're shying away from point solutions—think online payment processing or project management—in favor of full-stack solutions.
Persons: , Harvey, Navin Chaddha, Chip Hazard, they're, Kahini Shah, there's, Rak Garg, Garg, Shah, Lauri Moore, Moore, Chaddha, Capital's Moore, she's Organizations: Service, Accel, Business, Bain Capital Ventures, Flybridge, Sapphire Ventures, Google, Meta, Mayfield Fund, Flybridge Capital Partners, Obvious, Investors, Obvious Ventures, Foundation, Dig Ventures Locations: Mayfield, Hazard, Flybridge
Read previewAs countries and companies worldwide trial a shorter workweek, one economy is moving to a six-day workweek. The employer has the authority to require staff to work a sixth day in the week and staff cannot refuse to work, he said. In 2023, 179 workers were killed in accidents at work in Greece, up from 104 the year before, DW reported. Per the OECD, they work an average of 36 hours a week, while workers in France, Netherlands, and Germany work less than 30 hours. AdvertisementGreece's reform is a stark contrast to initiatives other countries are taking to reduce the number of working days.
Persons: , Aris, Kazakos Organizations: Service, Business, Workers, Aris Kazakos, Aristotle University of Thessaloniki, DW, OECD Locations: Greece, France, Netherlands, Germany
Stocks often trade above or below their fair value, which means active managers who choose stocks wisely can score huge eye-popping returns. "What we're really looking for is opportunities where that dollar can also compound to be two, four, 10," Robotti said. "People say, 'Oh, who cares if you buy a cheap stock, the market just won't ever pay attention. When the economics of a business — even if people hate that business — are extremely strong, the stock follows." "If you bought it at 20 cents on the dollar and it doubles, you don't sell it at 40 cents on the dollar," Robotti said.
Persons: , Bob Robotti, Robotti, that's, couldn't, James Carville, people's, he's Organizations: Service, Cornell, P Global, Business, drillers, Tidewater, GulfMark, Swire Pacific Locations: Houston
Read previewPeacock's "TikTok Star Murders" tells the story of content creator Ali Abulaban murdering his wife, Ana Abulaban, and her friend Rayburn Barron, one month after she accused her husband of domestic abuse. Ana Abulaban, who was 28 at the time, went to the authorities in September 2021 and accused her husband of domestic abuse, The Los Angeles Times reported. "TikTok Star Murders" features the audio Ali Abulaban captured as he murdered his wife. Several gunshots can be heard as well as Barron and Ana Abulaban shouting. Fischer told Variety that Ali Abulaban was offered the chance to appear in the documentary but, "respectfully declined based on his impending trial."
Persons: , Ali Abulaban, Ana Abulaban, Rayburn Barron, Ana Abulaban's, Ali Abulaban's, cuddling, Barron, Ana, Elizabeth Fischer, Abulaban, Fischer, Variety Organizations: Service, Business, Los Angeles Times, San Diego Superior Court, Variety, Unit Films Locations: San Diego, San Diego's East, Shreveport, Louisana
But the latest workplace trends — "silent layoffs" and "quiet firing" — could be the most harmful to date. Silent layoffs occur when a company provides staff with severance packages but asks them to keep quiet about the details of their exit. Amit Rawal, a management lecturer at City University of London's Bayes Business School, told BI that silent layoffs have become "increasingly popular across larger corporations." Related storiesThe goal of silent layoffs is likely to minimize the amount of negative traction the company receives. Advertisement'A PR disaster waiting to happen'Experts told BI that quietly getting rid of employees could easily backfire when employees opt to fight back and speak out.
Persons: , PwC, Mohamed Kande, Amit Rawal, Eloise Skinner, it's, Skinner, Lucas Botzen, Suzanne Horne, Paul Hasting, Evan Nierman, Banyan, Dan Buckley, Buckley, Nierman, Horne Organizations: Service, Business, Financial Times, PwC Global Network, Europa Press, City University, London's Bayes Business, National Labor Relations, CNN, National Labor Relations Board, Dell, Workers, Amazon, BBC
Ford has issued a recall notice for over 550,000 of its 2014 model F-150 pickup trucks in the US. The recall came after users complained that the trucks would suddenly drop to first gear. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. AdvertisementFord has issued a recall for half a million of its F-150 pickup trucks after receiving hundreds of complaints that they suddenly downshifted to first gear.
Persons: Ford, , downshifted Organizations: Service, National, Traffic Safety Administration
Read previewFrustrated with his performance against a video game boss, Twitch streamer and YouTuber Kai Cenat went viral on Tuesday evening for bringing a therapist to his livestream to help process his emotions. Cenat, 22, was well into his 60th hour of fighting the final boss of the "Elden Ring: Shadow of the Erdtree" when Aubri Williams appeared in his streaming room. AdvertisementCalming down and steeling his mind under Williams' guidance, Cenat played the boss fight again for her to observe. Cenat would defeat Radahn about six hours and 40 deaths later, or 67 hours after his first encounter with the video game boss. AdvertisementWilliams and representatives for Cenat did not immediately respond to requests for comment sent by Business Insider outside regular business hours.
Persons: , Kai Cenat, Aubri Williams, Williams, Cenat, Tyler, Ninja, Blevins, Dan Clancy, — Williams, Instagram, Radahn Organizations: Service, Business, Bandai, AAA, IGN, Counselling, Stetson University, Cenat
Software company Creatio has secured $200 million at a $1.2 billion valuation. The Boston-based company sells no-code applications to enterprises to streamline their operations. AdvertisementBoston-based software company Creatio has secured $200 million at a $1.2 billion valuation. Founded in 2014, Creatio is a vendor for no-code platforms that allow companies to access and create applications and workflows more efficiently through its platform. The company sells a variety of applications, from app design platforms to customer relationship management (CRM) tools, to clients.
Persons: Creatio, Organizations: Service, Business Locations: Boston
Read previewLast September, New York City began enforcing its strict new regulations on short-term rentals. Since then, the number of legal short-term rentals listed on Airbnb and other platforms has plummeted. Impacts of the near-banLL18 was motivated by the city's housing affordability crisis, caused in large part by a severe housing shortage. Short-term rentals, including Airbnbs, can take homes that would otherwise be lived in full-time off the market, potentially exacerbating the housing shortage. But there's some evidence, including from Irvine, California, that restricting short-term rentals can reduce rents.
Persons: , it's, Jamie Lane, Lane, hasn't, Klossner, LL18, Eric Adams, TIMOTHY A, CLARY, Scott Stringer, Airbnb, It's, Nathan Rotman Organizations: Service, Business, Mayor's, Criminal, Special, York City, Hotel, Former, Big Apple, New Locations: New York City, New, York, Irvine , California, New York
It is set to be valued at $2.5 billion in a funding round led by Blackrock, according to sources. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementGroq, a scrappy challenger to Nvidia that is developing chips powering artificial intelligence, is set to be valued at $2.5 billion in a new funding round led by Blackrock, according to multiple sources. Groq has been rumored to be raising a new round and recently hired Morgan Stanley to help raise $300 million in new funding, the Information previously reported last month. The valuation and lead investor have not been previously reported.
Persons: Groq, , Morgan Stanley Organizations: Blackrock, Service, Nvidia
Read previewAn internal Microsoft tracking tool has revealed which executives AI CEO Mustafa Suleyman is working with most during his first few months on the job. Microsoft in March hired Suleyman , the head of startup Inflection AI and a cofounder of AI pioneer DeepMind, to be CEO of a newly formed Microsoft AI group. The organization is responsible for consumer AI products such as Microsoft's Copilot AI chatbot and the Bing search engine. Kevin Scott, Microsoft chief technology officerKevin Scott MicrosoftKevin Scott is Microsoft's chief technology officer and executive vice president of AI. Caitlin McCabe, CEO chief of staffMcCabe is Satya Nadella's chief of staff.
Persons: , Mustafa Suleyman, Suleyman, Karén Simonyan, Yusuf Mehdi, Microsoft Nick Adams, Reuters Mehdi, Kevin Scott, Kevin Scott Microsoft Kevin Scott, He's, Scott, Kevin, Satya Nadella, Amy Hood, Phillip Faraone, Hood, Rajesh Jha, Jha wasn't, Jha, Caitlin McCabe, McCabe, Satya Nadella's, She's, Nadella, Jon Tinter, Chris Young, Tinter Organizations: Service, Microsoft, Business, Reuters, OpenAI
AdvertisementThe average annual salary for a customer service rep in the US is $34,000 - $46,000, according to Glassdoor. Sutton believes the influx of Gen Z and millennial workers is mostly due to remote work becoming the norm. The mental health tollBut while such remote jobs are often portrayed as relatively stress-free, the reality is much more complex. Almost 50% also said an "unfriendly support agent" was what they found frustrating about a negative customer service experience. Sutton started posting on TikTok because she saw "an opportunity to shed light on the realities of customer service."
Persons: , Dave Hoekstra, Jason Saltzman, Gen, Saltzman, Gabrielle Judge, Judge, Glassdoor, Gen Zers, Hoekstra, Brittany Betts, Daineshe Sutton, Sutton, Z, Zoomers Organizations: Service, Business, Technologies, Disney
Cerebras Systems, a startup trying to challenge Nvidia on the AI chip battlefield, is reportedly headed for an IPO toward the end of 2024. This is one of the primary elements holding back even some AWS customers from using Amazon's AI chips. But, most AI developers must go through gnarly work to change their software if they want to change their hardware. His startup Vimaan is building tech for a future "dark warehouse" that requires no humans to operate. Advertisement"Am I gonna take a chance to switch out a whole infrastructure that we've built on the Nvidia platform?"
Persons: , Lior Susan, Susan, CUDA, Thomvest, they're, He's, Padval, Jensen Huang, Thomas Sohmers, Ganapathi, Vimaan, Pavdal Organizations: Service, Cerebras Systems, Nvidia, Eclipse Ventures, Business, CUDA, NVIDIA CUDA, AMD, Qualcomm, Google, Intel, UXL Foundation, Amazon's Industrial Innovation Fund Locations: CUDA
Bugatti unveiled its new Tourbillon hypercar powered by a 1,800 horsepower V16 hybrid engine. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementBugatti recently unveiled its new flagship hypercar, the Tourbillon. The Tourbillon, pronounced toor-bee-yawn, is the successor to Bugatti's recently discontinued Chiron hypercar launched back in 2016. This story is available exclusively to Business Insider subscribers.
Persons: Bugatti, , Bugatti's, Chiron hypercar Organizations: Service, Volkswagen Group, Business
Most of its residents are millennials, with its residents' median age being 33.6 years. As with Atlanta, most of its residents are millennials, with its residents' median age being 33.1 years. The median age of San Diego residents is 35.8 years. But it's also true that housing in San Diego trends toward the pricier end. San Diego, along with four other Californian cities, was marked as "impossibly unaffordable," according to the 2024 Demographia International Housing Affordability report.
Persons: , Josh Altman, Altman, Sean Pavone, Eric Johnson, Pengyu Cheng, Michael Warren, Wager, it's, Altman didn't Organizations: Service, Business, Getty, Dallas, Texas, Popular, Disney, San Locations: Atlanta, Dallas, Orlando, Phoenix, San Diego, Texas, California, San Francisco, Eola, Miami, Arizona's, San Diego , California, Los Angeles, US
Singapore is the most expensive city for high-net-worth individuals, according to a new report. The Asian city-state is followed by Hong Kong and London in Julius Baer's Lifestyle Index. AdvertisementIf you've got millions in the bank and you want to spend them slowly, don't move to Singapore. The Asian city-state is the most expensive major global city for high-net-worth individuals (HNWIs) to live in, according to a new report. It's followed by Hong Kong and London.
Persons: , you've Organizations: Julius, Service, Business Locations: Singapore, Hong Kong, London, Swiss, It's
North Korean soldiers sent to aid Russia in Ukraine would be "cannon fodder," the Pentagon said. The two nations signed a new security pact, and some Korean units look set to go to Ukraine. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementNorth Korean troops that are sent to Ukraine to aid in Russia's war would become "cannon fodder," the Pentagon said. Pentagon Press Secretary Maj. Gen. Pat Ryder said on Tuesday that "I think that if I were North Korean military personnel management, I would be questioning my choices on sending my forces to be cannon fodder in an illegal war against Ukraine."
Persons: , Pat Ryder Organizations: Pentagon, Service, North Korean, Ukraine, Business Locations: Russia, Ukraine
Read previewAs St. Louis continues its guaranteed basic income pilot, two residents are suing to cut the program's funding. The plaintiffs, Greg Tumlin and Fred Hale, are both St. Louis residents. Adam Layne, the St. Louis city treasurer, previously told BI that St. Louis residents have primarily used their $500 a month to pay bills. BI reached out to the city of St. Louis and St. Louis Guaranteed Income for comment, but the parties did not respond by the time of publication. States like South Dakota, Arizona, and Iowa, Republican politicians have also brought basic income bans to the state legislature.
Persons: , Louis, Greg Tumlin, Fred Hale, Tumlin, Adam Layne, Louis GBI, Joe Biden's, Jack Dorsey, St, Ken Paxton, Attorney Christian D Organizations: Service, Business, ARPA, BI, Texas Supreme, Attorney Locations: Missouri, state's, Louis, St, Texas, Harris, Harris County, Houston, States, South Dakota , Arizona, Iowa
Read previewFrustrated with his performance against a video game boss, Twitch streamer and YouTuber Kai Cenat went viral on Tuesday evening for bringing a therapist to his livestream to help process his emotions. "I've been on the last boss for the past 60 hours of my life that I can't get back," Cenat lamented. Cenat would defeat Radahn about six hours and 40 deaths later, or 67 hours after his first encounter with the video game boss. AdvertisementWilliams and representatives for Cenat did not immediately respond to requests for comment sent by Business Insider outside regular business hours. Though its main title was launched in February 2022, Cenat was playing a recently released expansion, "Shadow of the Erdtree," when Williams appeared on his stream.
Persons: , Kai Cenat, Aubri Williams, Williams, Cenat, I've, — Williams, Instagram, Radahn, He'd, Tyler, Ninja, Blevins Organizations: Service, Business, Counselling, Stetson University, Cenat, Bandai
Read previewEmma Roberts says even Hollywood's nepo babies don't always have an easy path to stardom. On an episode of the "Table for Two" podcast released on June 25, Roberts spoke to host Bruce Bozzi about the public perception of nepo babies, or "nepotism babies." During the podcast episode, Roberts said it's not always true that nepo babies get everything handed to them on a silver platter. Many nepo babies and even their parents — particularly those in Hollywood — have pushed back against the title and its accompanying critiques. AdvertisementIn December, Meg Ryan defended her son , actor Jack Quaid, against "nepo baby" claims during an interview with Glamour.
Persons: , Emma Roberts, Roberts, Bruce Bozzi, you'll, Julia Roberts, Eric Roberts, Johnny Depp's, it's, George Clooney, Clooney's, Nick Clooney, Rosemary Clooney, Meg Ryan, Jack Quaid, Lily Allen, Allen, Alfie Allen, Keith Allen, Bernard Arnault, Mukesh Ambani, Tim Draper's, Draper, Gaither, Anderson Organizations: Service, Business, Nickelodeon, New York Magazine, Reliance Industries, Valley's, Applied, Business Insider Locations: Hollywood, British
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