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Read previewThe Francis Scott Key Bridge in Baltimore collapsed on Tuesday after a large container ship ran into it, leading to six presumed deaths and millions of dollars in possible damage. President Joe Biden said on Tuesday the federal government should be responsible for paying to reconstruct the damaged Francis Scott Key Bridge. The Francis Scott Key Bridge, named for Francis Scott Key, the author of the Star Spangled Banner. Drone footage shows aftermath of the Dali container ship's collision into the Francis Scott Key Bridge in Baltimore, Maryland, on March 26, 2024. AdvertisementThe Dali is covered by the Britannia Steam Ship Insurance Association Ltd., known as Britannia P&I Club, according to S&P Global Market Intelligence.
Persons: , Francis Scott Key, It's, Joe Biden, Biden, David MacKenzie, Dali, Ryan Petersen, Petersen, John Miklus, Britannia Organizations: Service, Business, Sky News, Star, Getty Images Baltimore, Maersk, Synergy Group, Anadolu Agency, Reuters, American Institute of Marine Underwriters, Insurance, Britannia Steam Ship Insurance Association Ltd, P Global Market Intelligence, International Group Locations: Baltimore, Dali, Singapore, Baltimore , Maryland, Britannia, London
It's true that Americans are overworked, overstressed, and generally awful at unplugging from work, two time-use researchers told Business Insider. But the vast majority of Americans' leisure time is spent — you guessed it — in front of the television. Watching TV is the most popular leisure activity, accounting for an average of 2.8 hours a day — more than half of all Americans' leisure time. Americans' spend more time watching TV than any other leisure activity. AlavinphotoSexism and the safety netThere is also a gendered element at play when it comes to Americans' leisure time.
Persons: , It's, I'm, Brigid Schulte, Liana Sayer, Sayer, Sayers, Schulte, Ciara Kelly, Kelly, We're Organizations: Service, Netflix, Business, Bravo, University of Maryland's, Organization for Economic Co, Development, World Economic, US, The University of Sheffield Locations: America, France, Finland, Belgium, Italy, Germany, Spain, Japan, UK
NBC News is dropping Ronna McDaniel as a contributor, per a memo. NEW LOOK 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 . AdvertisementNBC News will drop former Republican National Committee chair Ronna McDaniel as a paid contributor after on-air criticism of the hiring from some of the network's top talent. She was also dropped by Creative Artists Agency, the talent agency that helped secure the initial deal between McDaniel and NBC, the outlet reported.
Persons: Ronna McDaniel, Trump's, , Cesar Conde, McDaniel, McDaniel —, Chuck Todd, cohosts Joe Scarborough, Mika Brzezinski, Rachel Maddow Organizations: NBC, Service, Republican National Committee, Business, CNN, Creative Artists Agency, RNC, NBC News, MSNBC, Politico
AdvertisementDespite class differences, 95% of Americans over the age of 15 engaged in some kind of leisure activity on a typical day, according to the 2022 time-use survey. But the vast majority of Americans' leisure time is spent — you guessed it — in front of the television. Watching TV is the most popular leisure activity, accounting for an average of 2.8 hours a day — more than half of all Americans' leisure time. Americans' spend more time watching TV than any other leisure activity. AlavinphotoSexism and the safety netThere is also a gendered element at play when it comes to Americans' leisure time.
Persons: , It's, I'm, Brigid Schulte, Liana Sayer, Sayer, Sayers, Schulte, Ciara Kelly, Kelly, We're Organizations: Service, Netflix, Business, Bravo, University of Maryland's, Organization for Economic Co, Development, World Economic, US, The University of Sheffield Locations: America, France, Finland, Belgium, Italy, Germany, Spain, Japan, UK
Adam Neumann is trying to buy back WeWork
  + stars: | 2024-03-25 | by ( Erin Snodgrass | ) www.businessinsider.com   time to read: +3 min
Adam Neumann submitted a bid to buy back WeWork. The WeWork cofounder has been trying to regain control of the company since parting ways five years ago. AdvertisementWeWork cofounder Adam Neumann is trying to regain control of the bankrupt coworking company. Neumann has submitted a bid to buy WeWork for more than $500 million, The Wall Street Journal reported Monday. The move comes after an attorney for Neumann and his new real estate company Flow Global sent a letter to WeWork's lawyers detailing efforts to buy back the company last month.
Persons: Adam Neumann, , Neumann, Dan Loeb's, hadn't, we've, it's, WeWork Organizations: Service, Street, Flow Global, Business, Wall Street, Flow, Global, Bloomberg, Board
Use clear languageWhen telling kids about a parent's cancer diagnosis, medical experts said it's important for adults to be as honest as possible in an age-appropriate way. AdvertisementKids three and younger are too little to understand what a cancer diagnosis means. Lastly, teenagers can comprehend the difficult aspects of a cancer diagnosis and will probably start to internalize their feelings, Villena said. AdvertisementUltimately, medical experts said parents should use their best judgment regarding how much information to share with their kids. Be prepared for questionsQuestions are common as kids try to process a parent's cancer diagnosis, experts said.
Persons: , Kate Middleton, Princess, Wales, Kate, Prince William, Prince George, Princess Charlotte, Prince Louis, Elizabeth Farrell, Dana, Farrell, Dr, Ari Yares, Yares, Jonathan Villena, Villena, Young, it's, they're, we'll, Getty Organizations: Service, Business, CNN, Dana Farber Cancer Institute, BBC, American Cancer Society Locations: Kensington
Wendy and Kurt Meyer moved from Mission Viejo, California, to Washington, Iowa, in 2021. The couple moved back to Mission Viejo in December 2023 and they never want to leave again. They stayed 20 months before moving back to Mission Viejo in December 2022. My parents were from Iowa and moved me to Iowa when I was in high school. We lived in Mission Viejo in Orange County.
Persons: Wendy, Kurt Meyer, Hawkeye, , I'm, Kurt, We'll, grandkids, Wendy Meyer, Wendy Meyer Kurt, They're, It's, We've Organizations: Service, That's, Air Force, The University of Iowa Hospital, Wendy, Gas, Costco Locations: Mission Viejo , California, Washington , Iowa, Mission Viejo, Los Angeles, Iowa, California, Germany, Long Beach, Orange County, She's, Iowa City
The country's prime minister resigned this week amid mounting international and national pressure. AdvertisementThe Caribbean island nation of Haiti is on the brink of catastrophe after weeks of ongoing gang violence and political unrest. Finance Minister Patrick Boisvert, who was acting as the country's prime minister with Henry out of the country, ordered a state of emergency on March 3. Henry, 74, has been the unelected prime minister of Haiti since the 2021 assassination of then-President Jovenel Moïse. Various representatives of Haiti's political and private sectors will make up the council that chooses the next leader, he said.
Persons: , Ariel Henry —, Henry, Jimmy Chérizier, Patrick Boisvert, Chérizier, Prince —, Ariel Henry, Jovenel Moïse, Moïse's, Moïse, Guerinault Louis, Haiti hasn't, Antony Blinken Organizations: Service, Haitian, UN, Finance, United Nations, CBS, Anadolu, Getty, Western Hemisphere, Associated Press, AP, Multinational, International Rescue, Reuters Locations: Haiti, Puerto Rico, Kenya, Port, Dominican Republic, Caribbean, Haitian, Hispaniola, Bahamas, Mexico
I have a twin sister who I'm very close with, who said, "I'm going to Chicago," and I was like, "You know what? But once things started opening back up and the world started to become "normal" again, a lot of my friends left Chicago. When they hired me, they said I could work from one of two locations: either Austin, Texas, or Chicago. It's been almost two years or so and people are still commenting, "Texas didn't want you anyway." I haven't been back to Texas since I made my decision but I'm going in February for my cousin's birthday.
Persons: , AW, I've, Austin, Ayahna Wilbon, wasn't, flack, It's, A.W, Wilbon, haven't, I'm Organizations: Service, Facebook, Business, Chicago, Texas, Austin, Dallas Locations: Chicago, Texas, There's, Austin , Texas, Austin, Dallas, Houston
A new study found that driver-assistance systems may create new safety risks. The Insurance Institute for Highway Safety tested 14 automation systems across nine manufacturers. NEW LOOK 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 . Driver-assistance systems have been billed as a tool to help make long drives safer, but a new study found the technology can actually create new safety risks by more easily allowing a driver's attention to wander.
Persons: Organizations: Insurance Institute for Highway Safety, Service, Business
Frontier Airlines is giving passengers the option to pay for an empty middle seat. The airline announced it will allow customers to pay extra to sit in rows with only two passengers. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementFliers will soon be able to enjoy the ensured luxury of both armrests on their next budget flight. Frontier Group Holdings Inc., which owns the ultra-low-cost Frontier Airlines, announced Tuesday that it will allow customers to pay extra to sit in specially designated rows that block off the middle seat.
Persons: Organizations: Airlines, Service, Frontier Group Holdings Inc, Frontier Airlines, Bloomberg, Business
Read previewA former Mar-a-Lago employee who is cooperating with federal investigators in Donald Trump's classified documents case says the charges against the former president don't constitute a "witch hunt." Butler told the outlet that he unwittingly helped Trump staffers move 10-15 boxes of sensitive records in June 2022. "I think the American people have the right to know the facts, that this is not a witch hunt," Butler said. Trump has characterized the case — as well as his myriad other legal troubles — as a politically-motivated witch hunt, and has made several ongoing efforts to have the case tossed. "This is so much bigger than me," Butler told CNN.
Persons: , Donald Trump's, Brian Butler, Jack Smith, Butler, Trump, Walt Nauta, Carlos de Oliveira, who's Organizations: Service, Trump, CNN, Business, Mar
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. But the witness' public recall of his role in the saga could cause complications in special counsel Jack Smith's case against Trump, a legal expert told Business Insider. AdvertisementButler's decision to come forward with his name is also surprising given Trump's fierce fan base, Rahmani said. Butler told CNN on Monday he considered going public for months as he watched developments in the case. US District Judge Aileen Cannon is set to hear arguments on two of Trump's motions to dismiss the case on Thursday.
Persons: , Donald Trump, Jack Smith's, Brian Butler, Jack Smith, Trump, Walt Nauta, Carlos de Oliveira, Butler, Neama, Rahmani, de Oliviera, Smith, Aileen Cannon Organizations: Service, CNN, Trump, Business, Mar, Department, West, Trial, US Locations: Florida
Some Tesla Cybertruck owners noticed their new stainless steel vehicles have small rust specks. A few months after deliveries began, some members of a Cybertruck-owners forum started complaining about rust spots on the vehicle. After all, the Cybertruck is the first stainless steel vehicle to be produced since DMC made the stainless steel DeLorean and later halted production in 1982. The extra upkeep isn't entirely unexpected for experienced Tesla owners, many of whom have taken on the role of early adopters. If Tesla hits Musk's ambitious production targets for the Cybertruck, Tesla is likely to face less forgiving buyers, automotive analyst Ivan Drury told BI.
Persons: Tesla, , You've, Donald Green, Wes Morrill, Elon Musk, Dennis Wang, didn't, Wang, Cybertruck, Morrill, Jay Larson, Larson, Win Cramer, we're, Cramer, Ivan Drury, Green Organizations: Service, Business, Facebook, DMC, DeLorean, YouTube, BI Locations: League City , Texas, Arizona, California
OpenAI announced Friday that it was adding three women to its board of directors. CEO Sam Altman is also rejoining the board nearly five months after he was abruptly forced out. The company has pledged to improve its governing structure in the aftermath of the ouster and reinstatement. A Thursday report from The New York Times suggested OpenAI chief technology officer Mira Murati raised concerns about Altman's leadership with board members prior to his removal. The three women join current OpenAI board members Adam D'Angelo, Larry Summers, and Bret Taylor, as well as Altman.
Persons: OpenAI, Sam Altman, , Altman, Mira Murati, Murati, James, Sue Desmond, Hellmann, Melinda Gates, Nicole Seligman, Fidij Simo, Desmond, Seligman, Simo, Adam D'Angelo, Larry Summers, Bret Taylor Organizations: Service, The New York Times, OpenAI, University of California, Times, Melinda Gates Foundation, Global, Sony, Pfizer, Advisors, Science, Technology, Paramount Global, Meira, Inc Locations: Los Angeles, President's, Shopify
CEO Sam Altman will be reinstated to OpenAI's board of directors. Bret Taylor, chair of OpenAI's board, said members "unanimously concluded" Altman is right to lead the company. The AI startup will also bring on three additional new board members, the company announced. AdvertisementOpenAI CEO Sam Altman is set to return to OpenAI's board of directors, the company announced Friday. "We have unanimously concluded that Sam and Greg are the right leaders for OpenAI," Bret Taylor, chair of the OpenAI board, said in a statement released Friday.
Persons: Sam Altman, Bret Taylor, Altman, , Ilya Sutskever, Adam D'Angelo, Tasha McCauley, Helen Toner, Sam, Greg, Toner, McCauly, Sutskever, Elon Musk, OpenAI, Melinda Gates, Sue Desmond, Hellman, Nicole Seligman, Fidji Simo Organizations: Service, OpenAI, Elon, Melinda Gates Foundation, Sony Entertainment, Business Locations: OpenAI, xAI
Rupert Murdoch is getting married. Zhukova, a retired molecular biologist, was previously married to a Russian billionaire. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementRupert Murdoch, the 92-year-old billionaire and chairman emeritus of News Corp., is engaged to be married yet again, according to reports. Murdoch's impending marriage to Zhukova, a 67-year-old retired molecular biologist, would be his fifth marriage and sixth engagement.
Persons: Rupert Murdoch, Elena Zhukova, , Zhukova Organizations: Service, News Corp, New York Times, Business Locations: Russian
A female SpaceX employee accused the company of gender discrimination and retaliation in a new lawsuit. The employee said in the suit that SpaceX continued to side with her male boss even after he left. AdvertisementA female SpaceX employee accused the rocket company of discrimination and retaliation in a new lawsuit filed Tuesday in Los Angeles Superior Court. The civil rights arm of the Justice Department has also filed suit against SpaceX alleging discrimination against asylees and refugees. Last month, Bloomberg obtained California civil rights complaints that revealed former SpaceX employees are accusing executives at the company of joking about sexual harassment and firing employees who reported their concerns.
Persons: , Michelle Dopak, Dopak, Gwynn Shotwell, Shotwell Organizations: SpaceX, Service, Los Angeles Superior Court, Reuters, Business, Justice Department, Bloomberg Locations: Los Angeles, California
An Australian defense official is warning about military tech gaps between the US and China. AdvertisementThe US and Australia must reinforce their industrial partnership and step up military preparations in the Indo-Pacific region amid China's increasingly aggressive behavior in the South China Sea, a high-ranking Australian defense official said this week. Jeffrey's comments come after years of rising tensions in the Indo-Pacific region. Advertisement"Russia and China are outpacing the US and its allies," Jeffrey said, according to the outlet, which noted that he was discussing military technology. AdvertisementThe Department of Defense said in a recent China Military Power Report that China is "the only competitor" to the US with the intent and capacity to change the global order.
Persons: , Hugh Jeffrey, Jeffrey, Biden Organizations: Service, Industry, Center for Strategic, International Studies, China Morning Post, Navy, US, US Army, BI, of Defense Locations: China, Asia, Australia, South China, Washington, DC, Russia, Taiwan, Indonesia
The store's popularity is driven by Hong Kong residents crossing the border to shop in mainland China. Xinhua News AgencyLarge bulk stores are a rarity in Hong Kong due to the city's limited space and expensive culture. AdvertisementHong Kong's economic struggles, however, have created the perfect circumstances for Shenzhen Costco to thrive. Costco has organized several shuttle buses each day that run between the Shenzhen store and Hong Kong, according to a company spokesperson. Costco is also partnering with cross-border delivery companies that pack and ship items purchased by Hong Kong residents.
Persons: Organizations: Costco, Service, Xinhua, Agency, Hong, Shenzhen Costco, Bloomberg, Tencent Holdings, Pay Locations: Shenzhen, China, Hong Kong, Costco, Guangdong Province, Guangdong Province of China, Taiwan
Read previewRussian President Vladimir Putin issued a new nuclear threat this week, threatening the West over its support for Ukraine in his most explicit intimidation tactic yet. Russia's President Vladimir Putin gives an interview with US talk show host Tucker Carlson at the Kremlin in Moscow on February 6, 2024. "American politicians are already responding to this war in a way that helps Russia," Schmidt said. But Putin may ultimately have the more resonant message when it comes to American voters, Schmidt said. "It's far more complicated to explain why Ukraine is important to US voters than it is for Putin to threaten nuclear war," he told BI.
Persons: , Vladimir Putin, Putin, Emmanuel Macron, Simon Miles, Miles, Tucker Carlson, GAVRIIL, Matthew Schmidt, Schmidt, Biden, wanes, Zelenskyy Organizations: Service, Ukraine, Business, NATO, Reuters, Duke University's Sanford School of Public, Soviet Union, West, Kremlin, University of New Haven, US Army's School, Advanced Military Studies, Kiel Institute, GOP, Western Locations: Ukraine, Russia, Germany, Poland, Russian, Soviet, Moscow, Israel
On Thursday, WeightWatchers stock was worth $3.12 — down from a 2021 high of $40. WeightWatchers' value jumped by $700 million in just two days after Winfrey joined the company in 2015, with shares more than doubling. AdvertisementBut WeightWatchers and other weight loss companies have struggled in the recent Ozempic-era, as GLP1 medications become more accessible and commonplace. (Evidence suggests Winfrey's endorsement of GLP-1 medications sparked a spike in demand for them, as well. ) The statement said WeightWatchers' board of directors is supportive of Winfrey's proposal to donate her stock to the museum.
Persons: , Winfrey's, Winfrey, Oprah Winfrey, Phil, Oz, Suze Orman, WeightWatchers, Semmelbauer Organizations: Service, Business, WW International, Magazine, National Museum of Locations: WeightWatchers
An Illinois judge removed Donald Trump from the state's ballot this week. AdvertisementAn Illinois judge removed former President Donald Trump from the state's ballot in a surprise Wednesday ruling, citing a section of the 14th Amendment that bars elected officials from participating in insurrection. Trump has the chance to appeal the Illinois decision, and the judge put her own ruling on hold until Friday to give time for a possible appeal. AdvertisementThe Supreme Court is still deliberating Colorado's challenge to Trump appearing on the primary ballot; SCOTUS heard arguments for and against removing Trump from Colorado's ballot in early February. Cook County Circuit Judge Tracie Porter removed Trump from the Illinois ballot this week in a decision that comes one month after the state's Board of Elections rejected the case, citing a lack of jurisdiction.
Persons: Donald Trump, , Trump, SCOTUS, Tracie Porter Organizations: Service, Trump, Business, Cook, state's Locations: Illinois, Colorado, Maine, . Illinois
The Supreme Court agreed to hear Trump's immunity claims around charges of election subversion. Trump stands to benefit from SCOTUS hearing because it could delay his trial, legal experts say. Special counsel Jack Smith's federal case against Trump cannot proceed until the Supreme Court makes its decision, which could take months. AdvertisementKalir, who is pretty confident the court will not grant Trump immunity, said it largely comes down to how merit-less the legal argument in favor of absolute immunity is. Krissoff added that the Supreme Court is likely to issue as narrow a ruling as possible.
Persons: Trump, SCOTUS, , Donald Trump's, Jack Smith's, Trump's, Scott Lemieux, Kenneth White, White, Justin Crowe, Crowe, Sarah Krissoff, Krissoff, Doron Kalir, Kalir, Smith, Jack Smith, Carolyn Shapiro, Rather, hasn't Organizations: Service, Wednesday, Trump, University of Washington, Williams College, Justice Department, Cleveland State University College of Law, Chicago, Kent's Institute Locations: New York, Washington ,, United States
Staff members who came into contact with the substance were isolated while emergency services tested the powder, spokesperson Al Baker said. That amount includes the $354 million penalty against Trump and his company, as well as nearly $100 million in pre-judgment interest. Engoran's verdict also bans Trump from operating a New York business for three years, jeopardizing Trump's role in his own business empire. AdvertisementA spokesperson for Trump Jr. told the outlet that the test results came back inconclusive, but officials did not believe the substance was deadly. His top law clerk, Allison Greenfield, had also been the subject of numerous antisemitic and sexist threats from Trump supporters during the trial.
Persons: , Donald Trump's, Arthur Engoron, Al Baker, Engoron, Baker, Trump, Letitia James, James, Allen Weisselberg, Donald Trump Jr, Eric Trump, Weisselberg, jeopardizing, Trump's, Allison Greenfield Organizations: Service, The Trump Organization, New York, Unified Court System, Business, Staff, Trump, Trump Organization, ABC, Trump Jr Locations: York, New York, Florida
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