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In fact, Gen Zers — people born between 1997 and 2012 — are more worried about saving than any other generation, a BI survey showed. Nearly half of Gen Zers and millennials have it, according to a recent Credit Karma survey. Money dysmorphia goes beyond wanting to pay off some credit card debt or to contribute more to a 401(k). It's "pervasive worry, vigilance — like an internalized feeling of unsafety with money," Clayman said, even when there aren't pressing financial problems to solve. AdvertisementClayman explained why younger generations are more likely to experience warped views around their finances — and might be more financially stable than they give themselves credit for.
Persons: , Gen Zers —, Amanda Clayman, Zers, dysmorphia, Clayman, Gen Xers Organizations: Service, Business
But experts and think tanks have long said this is a policy change that an aging China desperately needs. It's currently running a lopsided policy of letting women retire up to 10 years earlier despite them living significantly longer on average than men. The pension problemKey to the retirement overhaul are China's pension funds. AdvertisementMost Chinese workers receive a state pension, which can be boosted by retirement funds from employers and personal contributions. Experts say that either way, Beijing will need more than a simple policy change to fix its crisis.
Persons: , Sabrina Luk, Shaun Rein, Luk, It's, Gu Qingyang, CASS, it's, Louis Vuitton, Gu, Rein Organizations: Service, Business, Nanyang Technological University, China Market Research Group, Academy of Social Sciences, National University of Singapore, Louis Locations: Beijing, France, China, Xiaohongshu, Weibo, Singapore, Shanghai, Asia, East Asia
Google drops Amazon's One Medical
  + stars: | 2024-07-26 | by ( Eugene Kim | ) www.businessinsider.com   time to read: +5 min
Read previewFor years, Google was the largest business customer of One Medical, the primary care provider Amazon acquired for $3.9 billion. Since purchasing One Medical, Amazon has embarked on a number of cost-cutting moves, including layoffs and office closures, as BI previously reported. That means Google's health insurance will be accepted at One Medical offices, though Google employees will have to pay for their own memberships going forward. Advertisement"One Medical is proud of the care we have provided to Google employees at a small number of locations on Google campuses, virtually, and in our hundreds of community offices near where many Google employees live, work, and shop," Amazon's spokesperson said in a statement. In a statement to BI, Amazon's spokesperson said One Medical continues to see "very strong growth," while Amazon's broader healthcare business is "growing robustly."
Persons: Organizations: Service, Google, Amazon, Business, ONEM, Care, BI, Health
But what about "ugly privilege"? A TikToker called Sarah posted a video this week, which has amassed 159,000 views at the time of writing, where she explained why she thought she had "ugly privilege" and what it meant. "But when I say I have ugly privilege, it's not that I necessarily think I'm an ugly individual," Sarah said. She continued: "But when I say I have ugly privilege, what I mean by that is men, in general, don't mind me attractive." Underlying sexismRegardless of the "privilege" of being deemed ugly or pretty, women are disproportionately scrutinized for their looks and are acutely aware of this scrutiny.
Persons: , Sarah, it's, I've, that's, Lucas Botzen, Botzen, Melissa Weaver, hadn't, Weaver, Daniela Herrera, Chilcutt Organizations: Service, Business, Johns Hopkins Carey Business School, University of, Sinclair Pharma, Allies, Recruiting
The US President endorsed his current vice president, and many prominent Democrats, including Barack Obama, have followed his lead. Money has been pouring into Harris's campaign, and the vice president has already begun campaigning against former president Donald Trump. With Vance by his side, Trump has been trying to woo Silicon Valley away from Biden. Notably, the vice president hasn't taken a strong stance on cryptocurrency, but some expect her to become more pro-crypto than Biden. Meanwhile, with support from pro-crypto running mate JD Vance, Trump has announced he plans to be the first "crypto president."
Persons: , Kamala Harris, Harris, Joe Biden's, Barack Obama, Donald Trump, Sheryl Sandberg, Trump, JD Vance, David Sacks, Peter Thiel, Vance, Thiel, Elon Musk, Aaron Levie, techies, Sean Parker, Tony West, Kamala, she's, Ron Conway, Chiente Hsu, Biden, She's, Hsu, Reed Hastings, Levie, hasn't, Nigel Green Organizations: Service, Democratic, Business, PAC, Politico, VC, Biden, Facebook, Big Tech, Biden Administration, Democratic Party, deVere Group Locations: Silicon, California, Oakland, Bay, Harris, FTX
Boneless wings keep confusing dinersBreast meat is cheaper because chickens only have two wings. In 2023, a man sued Buffalo Wild Wings , claiming that the name of its boneless wings was misleading. Before it added boneless wings to its menu this year, Popeyes had considered alternative names, like "bites." 'Boneless wing is merely a description of the cooking style'Berkheimer said that he had cut the boneless wing into three pieces to eat, per court documents. AdvertisementBerkheimer also appealed to Ohio's Supreme Court, which supported the Court of Appeals' ruling in an opinion on Thursday.
Persons: , Michael Berkheimer, Berkheimer, Popeyes, didn't Organizations: Service, Wings, Business, Twelfth, Appeals, Buffalo Wild Wings, Factory Locations: Ohio, Brookwood, Hamilton , Ohio, Butler, New York City
From conversations with e-commerce analysts, TikTok Shop partners, sellers, and creators, it's clear that Shop is growing steadily in the US and driving meaningful sales for some brands. TikTok Shop is also showing strong momentum in regions outside the US that have embraced social shopping more, like Southeast Asia. Order-tracking platform Route saw global order volume on TikTok Shop grow a modest 35% between January and June. AdvertisementWhat's working for TikTok ShopWell-timed promotional campaigns and live selling have bolstered TikTok Shop's growth this year, agency sources told BI. TikTok Live has become an e-commerce hub for all types of sellers, including pre-owned luxury retailer What Goes Around Comes Around, which has a streaming studio in its store.
Persons: , influencers, TikTok, it's, It's, Nicole Rechtszaid, Steele, Pena, Rechtszaid, Dan Whateley, Julian Reis, SuperOrdinary, Reis, we've, Michael Yamartino Organizations: Service, Business, TikTok Shop, TikTok, Ghost Agency, Amazon's, livestreams Locations: Southeast Asia, Paris, Maybelline New York, Asia, China
Read previewDivers in the Baltic Sea came across an unusual find this month as they explored a shipwreck just off the coast of Sweden. "We encountered a 19th-century sailing ship in very good condition, loaded to the sides with champagne, wine, mineral water, and porcelain," the Polish diving team Baltictech said. The sparkling wine bottles numbered more than 100, they added. This story is available exclusively to Business Insider subscribers. A spokesperson told Business Insider they are "almost sure" the wine is Louis Roederer Champagne, and said they have contacted the company to try to confirm.
Persons: , Baltictech, Tomasz Stachura, Marek Cacaj, Louis Roederer Champagne, they've, Mark Robertson, Robertson, Stachura, that's Organizations: Service, Business, New York Times, Times, Buyers Locations: Baltic, Sweden, Russian, Champagne
Read previewElon Musk's transgender daughter said the Tesla CEO was an absent father who frequently rebuked her for being queer and feminine as a child. Wilson, who has stayed out of the public eye until now, told NBC News that Musk's comments went too far. Wilson told NBC News the book — which described her as being a supporter of "radical Marxism" via a quote from Musk's sister-in-law — was inaccurate and unfair. Isaacson also referred to Wilson by her middle name, Jenna, in the book, Wilson said. The author told NBC News that he reached out to Wilson's family members in an effort to reach her.
Persons: , Elon, Tesla, Vivian Jenna Wilson, Musk, Wilson, Justine Musk, Jordan Peterson, misgendering, I'm, Elon Musk, Richard Bord, Walter Isaacson, Musk's, Isaacson, Jenna, Peterson Organizations: Service, NBC News, Business, Getty, NBC Locations: California
Read previewWith a few pen strokes, Donald Trump could make many of Elon Musk's problems go away. But Musk also stands to gain with a new administration controlling federal regulations. But with Trump as president, Musk wouldn't even need to dismantle the so-called "administrative state" to get federal agencies out of his way. As president, Trump could direct the Justice Department and other executive agencies to drop any actions against Trump and his friends' businesses, Gernhardt told BI. Existing federal laws from the EPA and Department of Interior could be relaxed, Blanchard said.
Persons: , Donald Trump, Elon, Musk, Joe Biden, Trump, JD Vance —, Michael Gerhardt, Gernhardt, Jilian Blanchard, Blanchard, Gerhardt Organizations: Service, Business, University of North, SEC, SpaceX, Justice Department, Good Government, National Environmental, EPA, Department of Interior, Securities, Exchange Commission, Twitter, Interior Department Locations: Ohio, Silicon, University of North Carolina, Chevron, Texas
In today's big story, Southwest ditching its unassigned seat policy is a sign of the end times for budget airlines as we know it. Southwest Airlines is ending its open seating policy , opting for assigned and premium seating options. Between paid seat assignments and premium seating, Southwest could add as much as $3 billion in new revenue, according to one analyst. AdvertisementKevin Carter/Getty ImagesThe real pain of the current travel landscape is being felt by budget airlines. That's why Southwest's decision to end its open seating policy could be a sign of the end of budget airlines as we know it, writes BI's Taylor Rains and Pete Syme.
Persons: , Chelsea Jia Feng, Elliott Management's, wasn't, Insider's Benjamin Zhang, Kevin Carter, BI's Taylor Rains, Pete Syme, Bob Jordan, Goldman Sachs, Jenny Chang, Rodriguez, Prince Williams, Getty, Griffin, Tyler Le, NKSFB, Chris Brown, Rupert Murdoch, Murdoch, they're, They're, Claudia Sahm, Donald Trump, Benjamin Netanyahu, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Annie Smith, Amanda Yen Organizations: Service, Business, Southwest Airlines, Southwest, Southwest isn't, Bank of America, Getty, Bauer, Fox, News Corp, Mar Locations: Southwest, , Taylor, Los Angeles, Lago, New York, London
Read previewTowering skyscrapers, candy-colored public housing apartment blocks, and lush green spaces — Singapore has long been recognized for its meticulous urban planning. AdvertisementCreating bicycle paths for the city"When I was in the HDB, I raised the issue of planning bicycle paths for citizens," Liu told Business Insider. Liu says he wishes he had developed bike sections for roads and incorporated bicycle paths into streets. Related storiesAdditionally, bicycle paths can boost local economies, as cyclists are more likely to stop at local businesses, he said. fiftymm99Indeed, Singapore's public housing apartments are home to about 80% of the country's resident population today.
Persons: , Liu Thai Ker, who's, Liu, Thomas Schroepfer, Schroepfer, John Pratt, Rita Padawangi, Taro Hama Organizations: Service, Business, Morrow Architects, Planners, Housing Development Board, Urban Redevelopment Authority, The Straits Times, Singapore University of Technology, Design, Ministry of National Development, Keystone, Singapore University of Social Sciences Locations: Singapore, Copenhagen, Amsterdam, Singapore's, Sands, Ubin, Pulau Ubin, kamakura
AdvertisementSherzai knows it's tempting to reach for a novel, quick-fix potion that promises to boost brain health, like a fancy supplement, an expensive gummy, or a new smoothie powder. Why chlorophyll from plants is more powerful than green juices and supplementsLots of chlorophyll on the table here. fcafotodigital/Getty ImagesWhen we eat green plants, we are consuming a green pigment molecule called chlorophyll, which helps plants photosynthesize — capturing solar rays and converting them into energy to grow. What we do know is that you can get the health benefits if you consume chlorophyll in its original packaging. Galina Oleksenko/Getty ImagesSherzai recommends incorporating more of the darkest green plants like spinach and kale into your diet when you can.
Persons: , Dean Sherzai, Chicago —, Dean, Ayesha Sherzai, he's, Troy Magney, Davis, Magney, you'll, Kale, Galina Oleksenko, It's, Amber Flores, Flores Organizations: Service, National Institute, Aging, Business, University of California, UC Davis Locations: Chicago
Read previewRussian efforts to copy Ukraine's naval drone success won't help its invasion and may be a waste of resources, a drone warfare expert told Business Insider. Ukraine's homemade naval drones have been instrumental in helping contain Russia's Black Sea Fleet. Patton said Ukraine's drones have been successful as they've been launched against crewed Russian naval assets. AdvertisementA sea drone during a presentation by Ukraine's Security Service in Kyiv region, Ukraine. Even so, it's not clear how much of an advantage naval drones would be in such a war.
Persons: , Yevhen, James Patton Rogers, Ukraine doesn't, Patton, they've, Russia's, Rogers, Evgeniy, Yerin, it's Organizations: Service, The Telegraph, Business, Ukrainian Defense Intelligence, Cornell Brooks Tech Policy Institute, intel, Directorate of Intelligence, Ministry of Defense, UK's Ministry of Defence, Fleet, Ukraine's Security Service, BI, NATO Locations: Ukraine, Russia, Ukrainian, Russian, Crimea, Kyiv region, Iran
Celeste Evanovich, a 28-year-old tattoo artist and content creator, said she has noticed an influx of Gen Z brides souring on their tattoos. 'Clean girl' aestheticEvanovich said the influx in bridal tattoo regret could be caused by the "clean girl aesthetic", a beauty trend which first blew up on TikTok in 2022. Evanovich pointed out TikTok videos where some women said their tattoos made them feel like they couldn't achieve a "clean" look. freemixer/Getty Images"The clean girl aesthetics and weddings go hand and hand. There's the age-old expectations for women to be pure on their wedding day, wearing bright white," Evanovich said in the video.
Persons: , Celeste Evanovich, souring, Evanovich, @smoneyyz, I'm, Stu Hepcat, Pollyana Ventura, Hepcat, it's, Samantha Jane, Samantha, Ariana Grande, Dalton Gomez Organizations: Service, Business, NBC, Pew Research Center Locations: Glasgow, Scotland, New York
Consumer spending in China has been improving "more moderately than before COVID-19," Luca Solca, a luxury goods analyst at Bernstein, told Business Insider. In its most recent quarter, Burberry's Chinese sales revenue declined 21% from last year. Massive discounts and online shoppingTo try to boost sales, luxury brands have given massive discounts to Chinese consumers. Luxury goods are still popular with wealthy Chinese shoppers — just not in China. Not all luxury brands are feeling the heat in China.
Persons: , LVMH, Jean, Jacques Guiony, Luca Solca, Bernstein, Solca, Hugo Boss, Richemont, Cartier, Versace, Marc Jacobs, Damien Yeo, Yeo, TD Cowen, Guiony, Hermès Organizations: Service, Gucci, Business, Consumer, Swatch, Asia, Brands, Balenciaga, Bloomberg, Burberry, Fitch Solutions Locations: Asia, China, China , Hong Kong, Macau, Asia Pacific, Japan
Read previewOne of MrBeast's oldest friends quit working with him after allegations were made about her messaging a child. YouTube superstar MrBeast, whose real name is Jimmy Donaldson, has been adept at dodging criticism and controversy in his career. AdvertisementTyson has been accused by several YouTubers of messaging a young fan when he was 13 and Tyson was 20. BI asked Donaldson and Tyson for further comment but did not receive a response. Donaldson posted a statement on the night of July 24, saying he was "disgusted and opposed" to Tyson's behavior and had hired a third-party investigator.
Persons: , MrBeast, Jimmy Donaldson, Ava Tyson, Tyson, Donaldson, Adrox, Prism42, Ava, I've, Don Arnold, Colleen Ballinger, Miranda, Katya Varbanova, Donaldson hasn't, hasn't, Varbanova Organizations: Service, Business, BI, Getty
You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. Congress created the Shuttered Venue Operators Grant in 2021 to help theaters and indie music venues stay in business during the pandemic lockdowns. A 2023 Business Insider investigation found that dozens of wealthy musicians used ineffective oversight and loopholes in the law to line their pockets. But once the law was passed, Strickland said he focused on helping as many people get money as possible. According to an email, he ended up telling NKSFB to pull the application, figuring he was being fed "BS" by a consultant.
Persons: Post Malone, Chris Brown, Nickelback, Lil Wayne, didn't, , Paul Anka —, David Hickok, Hickok, Bessy Wong, Mickey Segal, Anka, Segal, NKSFB, Kyle Leunissen, Suicideboys, Michael Strickland, Lites, Strickland, Paul Anka Organizations: Service, Small Business Administration, Business, Post, SBA, BI, Billboard Locations: Angeles, American, NKSFB
"I think, with respect to former President Trump, there's some question about whether or not it's a bullet or shrapnel that, you know, hit his ear," Wray said. Jordan followed up, "It's my understanding that the very first one was the one that hit the president. "As I sit here right now, I don't know the answer to that. Trump, the Republican presidential nominee, appointed Wray as FBI director in 2017. AdvertisementAdditionally, Diaczuk told BI that it's most likely that it was, in fact, a bullet that hit Trump's ear instead of shrapnel.
Persons: , Donald Trump, Christopher Wray, Trump, Wray, Jim Jordan, Thomas Matthew Crooks, Jordan, Steven Cheung, Peter Diaczuk, John Jay, Diaczuk, it's, Ronny Jackson Organizations: Service, Republican, Committee, Business, New, John, John Jay College of Criminal, Rep Locations: Butler , Pennsylvania, Ohio
Read previewVice President Kamala Harris' campaign is in the process of choosing her running mate, and who she chooses will provide insight into her battle plan for November. With 20 electoral votes, winning the battleground state will likely be a crucial part of both former President Donald Trump and Harris' campaign. Choosing Shapiro, the state's governor, who has proven he can win in Pennsylvania, could significantly bolster Harris' ticket there, Gift said. Kevin Fahey, an assistant professor of political science at the University of Nottingham, agrees but told BI that a Shapiro pick may indicate some trepidation in Harris' campaign. Plus, he's already been an attack dog against Trump's running mate, Sen. JD Vance, going after him for his Appalachian credentials.
Persons: , Kamala Harris, Josh Shapiro, Roy Cooper of, Andy Beshear, Sen, Mark Kelly of, Joe Biden —, Harris, Shapiro, Cooper, Donald Trump, Thomas, Chuck Rocha, Rocha, it's, Kevin Fahey, Fahey, Beshear, Biden, JD Vance, Kelly, David Barker, Barker, they'd, Kelly wouldn't, Barry Burden, Burden, Trump Organizations: Service, Pennsylvania, Business, Electoral, Trump, University of Nottingham, Republican, American University's Center, Congressional, Presidential Studies, University of Wisconsin Locations: Roy Cooper of North Carolina, Kentucky, Mark Kelly of Arizona, Pennsylvania, Philadelphia, Pittsburgh, Alabama, Michigan, Wisconsin, Georgia, Arizona, Upper Midwest, North Carolina, Nevada, California, West, Madison, — Pennsylvania
Read previewBudget airlines are upending many of their original business plans as increased costs wreak havoc on their bottom lines. On Thursday, Southwest Airlines announced the end of its open seating policy, a 50-year practice of letting passengers choose their seats based on their boarding order instead of having one pre-assigned. Budget flying has been moving in this direction for yearsThe industry's sea change has left budget carriers scrambling to increase revenue without turning away customers, prompting major policy changes. Other budget airlines have been similarly evolving their business models in recent years. Frontier Airlines and Spirit Airlines, for example, ditched most cancellation and change fees for ticket holders.
Persons: , Savanthi, Raymond James, Henry Harteveldt, Scott Kirby, Bob Jordan, Jordan, I'm Organizations: Service, Southwest Airlines, Business, Frontier Airlines, Spirit Airlines, JetBlue, Spirit, United Airlines, CNBC Locations: Southwest
Wes Moore of Maryland is supporting Vice President Kamala Harris' presidential campaign. The longtime Biden ally told BI that Harris has brought a "real sense of energy" to the 2024 race. AdvertisementAfter President Joe Biden's decision to step aside as the Democratic presidential nominee, the stunning move upended the 2024 race. Wes Moore of Maryland, a strong ally of Biden who had lined up behind the president's reelection bid, a trusted political partner will no longer be on the ballot in November. This story is available exclusively to Business Insider subscribers.
Persons: Wes Moore, Kamala Harris, Biden, Harris, Moore, , Joe Biden's Organizations: Service, Democratic, Business Locations: Maryland
For years, customers have griped about their portion sizes at the fast-food chain, and Chipotle has vigorously defended itself. "There have been no changes in our portion sizes, and we have reinforced proper portioning with our employees," Laurie Schalow, Chipotle's chief corporate affairs and food safety officer, told Business Insider. "Yes, you can have the same customization with a digital makeline, but you are more constrained in what you can do." technically the robot but i've seen the robot referenced broadly as a "digital makeline." The analyst added that robots could be a solution for digital orders, which Chipotle has said it plans to do.
Persons: , Chipotle, Laurie Schalow, Wells, Danilo Gargiulo, Gargiulo, Daniel Fukuba, we're, Fukuba, Brian Niccol's, Chipotle's, Niccol, Fortune, de gallo, Niccol didn't Organizations: Service, Business, BI Locations: AllianceBernstein, Chipotle, San Jose , California, pico
Then he had an idea: He could look for extra work to boost his income and professional skills. AdvertisementPatrick, who's 34 and based in California, made nearly $200,000 last year secretly working two full-time remote jobs and doing additional freelance work on the side. While some companies may be OK with their employees taking on extra work, doing so without approval could have consequences. Then, in 2022, Patrick started a second full-time remote job while retaining three freelance clients. He said his freelance work has turned into a full-fledged business — he established an LLC last December.
Persons: , Patrick, it's, jugglers, He's Organizations: Service, Business Locations: California
Gen Z is earning a reputation as the sober-curious generation that prioritizes their health, well-being, and authenticity when finding a partner. Ryan Mairs, 28, is a "Zillennial" on the cusp between millennials and Gen Z and has noticed the shift. Gen Z are drink less regularly than millennials, according to Statista data. AdvertisementA recent survey by DatingNews.com found that 65% of millennial and Gen Z respondents said they would prefer a "dry" first date. She's the founder of the sober dating platform Club Pillar, launching this summer.
Persons: , Z, Gen Zers, Ryan Mairs, He's, Mairs, it's, Gen, DatingNews.com, Kate Daly, Daly, Justine Benanty, Zers, they're, Benanty, he's, Jessie Urvater, Urvater, Jessie Urvater Urvater, that's, they've Organizations: Service, Business Locations: California
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