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☆ Lululemon just released new leggings. Shoppers and shareholders are mad.
▼ + stars: | 2024-07-26 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewAthleisure darling Lululemon just saw some tough love from investors and customers this week. The leggings, introduced earlier this month, were quickly criticized by some shoppers for an unflattering design, poor fit, and other issues. AdvertisementFashion YouTuber and previous Lululemon shopper Alexandra Alvarez said in a video review last week that she struggled with the Breezethrough leggings' fit and construction. On Reddit's 600,000-user Lululemon forum, the leggings received mixed reviews.

Persons: —, Lululemon, Matthew R, Boss, Alexandra Alvarez, Kathryn Mueller, I'm, Paul Lejuez, Lejuez, Janine Stichter Organizations: Service, Business, Citi, CNBC Locations: Vancouver

☆ Domino's CEO slams the summer of value meals
▼ + stars: | 2024-07-25 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +3 min

Read previewAccording to Domino's CEO, smaller burgers are no way to make people happy. In an interview with Bloomberg, Russell Weiner took aim at the size of his competitors' value meals, which often include burgers. "If you want a big sandwich and you end up getting a little sandwich cheaper, you're not happy." AdvertisementWeiner's comments come during a summer of value meals in the US — with nearly every major outlet creating bundles to attract price-sensitive customers. Still, a better value strategy has not been enough to fully satisfy Domino's investors.

Persons: —, Russell Weiner, Domino's, Weiner, Burger King, Taco Bell, Burger Organizations: Service, Bloomberg, Business, Taco, Restaurant Brands Locations: Burger, Japan, France

☆ Tesla's still not making big profits and probably won't for years — but analysts and investors still love it
▼ + stars: | 2024-07-24 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. "There are other companies that are $3 trillion market caps — I think Tesla can be in that league," he said. AdvertisementAnother analyst sees Tesla's recent price hikes as a good sign. Ron Jewsikow, a Guggenheim analyst, said on CNBC that he is not worried about whether Tesla will be able to deliver its Robotaxis. AdvertisementIn China, Apollo, which is owned by Baidu, is offering rides for just over 10 cents a mile, Jewsikow said.

Persons: —, Tesla, Cybertruck, Elon Musk's, I'm, Gene Munster, Munster, Optimus, Tasha Keeney, it's, Price, Tesla optimist Daniel Ives, Ron Jewsikow, He's, Jewsikow Organizations: Service, Investors, Business, Deepwater Asset Management, CNBC, ARK Invest, Tesla optimist, Guggenheim, Baidu Locations: China

☆ Tesla's still not making huge profits and probably won't for years. But these analysts and investors still love the company.
▼ + stars: | 2024-07-24 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. "There are other companies that are $3 trillion market caps — I think Tesla can be in that league," he said. Related storiesTasha Keeney, a director at longtime Tesla investor ARK Invest, said on CNBC on Tuesday that ignoring Robotaxis today is a huge mistake. Ron Jewsikow, a Guggenheim analyst, said on CNBC that he is not worried about whether Tesla will be able to deliver its Robotaxis. AdvertisementIn China, Apollo, which is owned by Baidu, is offering rides for just over 10 cents a mile, Jewsikow said.

☆ Wiz is walking away from a $23 billion deal with Google
▼ + stars: | 2024-07-23 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +1 min

Wiz doesn't want to be taken over by Google, the cybersecurity company's CEO wrote to employees on Monday. Instead of Google's $23 billion deal, Assaf Rappaport said the company wants to go public. Wiz walked away from a $23 billion deal to be acquired by the Big Tech giant, in what would have been Google's largest-ever deal. Instead, Wiz will move forward with plans to go public, CEO Assaf Rappaport told employees in a memo seen by several media outlets. He said he wants to get Wiz to $1 billion in annual recurring revenue — a key metric used by investors — and to an initial public offering.

Persons: doesn't, Assaf Rappaport, —, Wiz Organizations: Google, Service, Big Tech, Business

☆ Finance jobs are more competitive than ever, so some college students are sitting for the industry's most grueling exam before they even graduate
▼ + stars: | 2024-07-15 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +4 min

About one in five people who start the CFA process are students, Rob Langrick, chief product advocate at the CFA Institute, told Business Insider. The increase in college students starting the CFA process comes as fewer people overall are taking the exams. CFA Level I sign-ups first dropped in late 2020, given pandemic-induced cancellations and exam deferments. Related storiesIn 2018 and 2019, an average of about 162,000 people took the Level I exam each year. He thought his economics degree didn't cover enough applied finance for the kinds of jobs he wanted to do.

Persons: —, Rob Langrick, Langrick, Eric Wye, Wye, hasn't, shubhangigoel@insider.com Organizations: Service, Chartered Financial, Institute, CFA, Business, CFA Institute, National University of Singapore, Singapore Management University Locations: Wye

☆ Asia's wedding of the year is seriously annoying locals in Mumbai
▼ + stars: | 2024-07-12 | by ( Shubhangi Goel | Jyoti Mann | ) www.businessinsider.com time to read: +3 min

Asia's richest man is hosting a lavish wedding in Mumbai for his youngest son this weekend. Mumbai is already plagued by traffic and faces added congestion from the three-day wedding affair. AdvertisementAsia's richest man is throwing a massive wedding for his youngest son in Mumbai this weekend. Anant Ambani, son of Mukesh Ambani, is set to wed Radhika Merchant in a lavish affair. This story is available exclusively to Business Insider subscribers.

Persons: —, Anant Ambani, Mukesh Ambani, Radhika Merchant, It's, Sonam Srivastava, Srivastava, Bill Gates, Mark Zuckerberg, Ivanka Trump Organizations: Service, Business, Mumbai Traffic Police, Wright Research, Convention, Immigration Locations: Mumbai, Bandra Kurla, Bandra, Jamnagar

☆ Behind the scenes of billionaire Indian weddings: Hired 'shadows,' phone bans, and a circus master to lead the chaos
▼ + stars: | 2024-07-12 | by ( Shubhangi Goel | Lian Kit Wee | ) www.businessinsider.com time to read: +7 min

"Now, when it comes to a high-net-worth wedding or a celebrity wedding, everything becomes 10 times or hundred times" of that cost, Aggarwal said. AdvertisementPlanners' cost estimates of the Ambani wedding varied widely, from tens of millions of dollars to hundreds of millions of dollars. For a big celebrity wedding, planners divide their staff into teams and hire hundreds of additional people leading up to and on the day of the ceremony. Setting a blueprint for other weddingsThe Ambani wedding is already influencing how other Indians are envisioning and planning their own nuptials. The festivities are slated to kick off Friday at the Jio World Convention Centre, which is owned by the Ambani family.

Persons: —, Radhika Merchant, Anant Ambani, Ambani, Nishita Aggarwal, Nishita, Rihanna, Justin Bieber, Katy Perry, Pitbull, Purvi Modgil, Aggarwal, Isha Ambani, Anant Ambani's, Modgil, Darshan Shroff, We've, Abu Jani Sandeep Khosla, Tarun Tahiliani, Abu Jani, Sandeep Khosla, Ashish Vaishnav, Bharat Jagasia Organizations: Service, Business, Planning, Boys, Reliance, Forbes, butlers, Planners, Convention Locations: Mumbai, India, Getty, Delhi

Radhika Merchant and Anant Ambani's wedding begins on Friday. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementA four-day cruise, a performance by Rihanna, and a mass wedding for 50 couples were all just the lead-up to the glitziest wedding of the year. Radhika Merchant and Anant Ambani , the youngest son of Asia's richest man , are getting married in Mumbai on Friday, with events following on Saturday and Sunday. This story is available exclusively to Business Insider subscribers.

Persons: Radhika Merchant, Anant Ambani's, Priyanka Chopra, Nick Jonas, Kim Kardashian, —, Rihanna, Anant Ambani Organizations: Service, Business Locations: Mumbai

☆ Japan's next big tourist craze: Disney cruises
▼ + stars: | 2024-07-10 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +1 min

Tokyo Disneyland's owner, Oriental Land, will invest $2 billion to bring Disney cruises to Japan. 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 . AdvertisementTokyo Disneyland's owner is doubling down on the Disney magic with a new investment in cruises. Oriental Land, which owns and operates Disney Resorts in Tokyo, said on Tuesday it will invest $2 billion to launch Disney cruises in Japan.

Persons: — Organizations: Disney, Service, Disney Resorts, Walt Disney Company, Business Locations: Tokyo, Oriental, Japan

☆ You can't use Canva's AI to create political flyers or spread medical misinformation, the CEO said
▼ + stars: | 2024-07-09 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +3 min

Read previewDesign juggernaut Canva has drawn hard lines around what its AI tool can and can't make. Canva's software can be used to create anything from party invitations to social media content to presentation templates. By default, all users are opted out of private design content from being used to train AI models, a Canva spokesperson told Business Insider. AdvertisementAt the time, Adobe said in a blog post that content belongs to users and it would never be used to train generative AI tools. A spokesperson for Adobe referred BI to the company's AI guidelines, which direct users not to create hateful or adult content and not seek medical advice from AI features.

Persons: —, Canva, Melanie Perkins, Perkins, Meta, Cara, Adobe Organizations: Service, Magic Media, Business, Adobe, Meta, Facebook

☆ Paramount and Skydance just agreed to a takeover. But media's messiest deal isn't over yet.
▼ + stars: | 2024-07-08 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +1 min

Paramount agreed to merge with Skydance Media after tumultuous acquisition talks. But the Hollywood megamerger may face FTC scrutiny. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementParamount, the media giant that owns Nickelodeon and MTV, has finally agreed to a deal with Skydance Media, the companies said late Sunday. The deal includes an acquisition of National Amusements, which holds the controlling stake in Paramount, and a merger of Skydance and Paramount Global.

Persons: Lina Khan, —, Shari Redstone, David Ellison Organizations: Paramount, Skydance Media, Hollywood, FTC, Service, Nickelodeon, MTV, National Amusements, Paramount Global Locations: Skydance

☆ A career coach reviewed the 10-year-old résumé that got him into Google. He would make 3 changes today.
▼ + stars: | 2024-07-08 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +1 min

Anthony Mays landed a job at Google in 2013 after a previous failed interview attempt. Mays started coding at seven and had a bank programming job in high school and college. He now runs a tech career consultancy and advises on impactful résumé writing strategies. "I was very attracted to the idea that I could make things and that I could own the things that I make," Mays told Business Insider. This story is available exclusively to Business Insider subscribers.

Persons: Anthony Mays, Mays, — Organizations: Google, Service, University of California, Business Locations: Irvine

☆ A career coach reviewed the 10-year-old résumé that got him into Google. He would make three changes today.
▼ + stars: | 2024-07-08 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +1 min

Persons: Anthony Mays, Mays, — Organizations: Google, Service, University of California, Business Locations: Irvine

☆ Tesla just opened up a big new customer base in China after slashing prices in April to meet a key threshold
▼ + stars: | 2024-07-05 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +1 min

A local Chinese government just approved Tesla's Model Y approved for use. This is the first time Tesla's cars are eligible for government purchases in China. 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 . AdvertisementTesla's Model Y cars just made it on the list of approved vehicles of one local government in China, unlocking a new customer base for the electric vehicle giant.

Persons: Tesla, — Organizations: Service, Business Locations: China, Jiangsu, Shanghai

☆ A helicopter can now deliver you to 11 Greek islands in a quarter of the time a ferry takes
▼ + stars: | 2024-07-04 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +1 min

A new company, hoper, offers scheduled helicopter flights to 11 Greek destinations. Flights drastically cut travel time compared to traditional ferries, which can up to take six hours. More companies are offering premium travel options, like Blade and Uber's helicopter services. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Athens-based helicopter company hoper, which launched this summer, is the first that lets customers book scheduled flights to and from 11 destinations.

Persons: — Organizations: Service, Business Locations: Athens, Mykonos, Santorini

☆ Now we know how much it costs to make a $2,800 Dior bag
▼ + stars: | 2024-07-03 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +4 min

Prosectors said these companies exploited workers to pump out bags for a small fraction of their store price. According to documents examined by authorities, Dior paid a supplier $57 to produce bags that retail for about $2,780, Reuters reported last month. Court documents showed that Dior, a subsidiary of LVMH, submitted a memo highlighting its supply chain improvements, the Wall Street Journal reported Tuesday. Advertisement"It's not something sporadic that concerns single production lots, but a generalized and consolidated manufacturing method," said court documents seen by Reuters about the decision to place Dior under administration. "The main problem is obviously people being mistreated: applying labour laws, so health and safety, hours, pay," Milan Court President Fabio Roia told Reuters earlier this year.

Persons: —, LVMH, Prosectors, Dior, Giorgio Armani, Armani, Fabio Roia, Bernard Arnault, Delphine Organizations: Service, Business, Reuters, LVMH, Wall Street, Bloomberg, Dior Locations: Milan, China

☆ Malaysia's $100 billion ghost town is good for at least one thing: filming documentaries and shows like Netflix's 'The Mole'
▼ + stars: | 2024-07-02 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +1 min

Forest City, Malaysia was used as a set for a Netflix reality show, "The Mole." Planned as a $100 billion mega-complex, Forest City has become a ghost town with few residents. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementMalaysia's $100 billion ghost city was meant to house 700,000 people. The empty city, just over Singapore's western border, was used for an episode on the second season of Netflix reality show "The Mole," which debuted last week.

Persons: — Organizations: Netflix, Service, Business Locations: Forest City, Malaysia

☆ 2 managers at the World Economic Forum, which hosts the glitzy Davos conference, said the N-word in front of staff: report
▼ + stars: | 2024-07-01 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +1 min

Two World Economic Forum managers used the N-word in recent years, employees told The Wall Street Journal. AdvertisementTwo managers at the World Economic Forum used a racist word in front of employees in recent years, The Wall Street Journal reported on Saturday. According to the Journal, which interviewed more than 80 current and former employees, employees faced gender discrimination and racism, among other issues, at the Switzerland-based nonprofit. Best known for its annual conference in Davos, Switzerland, the nonprofit brings together top voices in government, business, and research. Staffed by about a thousand employees, the Forum brought in more than $400 million in 2022-2023, per its annual report.

Persons: — Organizations: Economic, Wall Street, Service, Street, Business Locations: Switzerland, Davos

☆ 5 Things I Do Leading up to a Big Tech Interview.
▼ + stars: | 2024-07-01 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementHere are six things I do leading up to a big technical interview:1. However, I did have technical interview rounds focused on system design questions. I would go through them one to two weeks before the interview and try to answer them. Read my own notesIn the last 24 hours before a big interview, I stop doing any mock interviews or looking at new technical questions to prevent feeling even more anxious.

Persons: —, Yung, Yu Lin, Read Organizations: Service, Google, Yahoo, Meta, Visa, PayPal, Business Locations: Sunnyvale , California, Taiwan

☆ Biden was losing the debate in the moments when he wasn't even talking
▼ + stars: | 2024-06-28 | by ( Matthew Loh | Shubhangi Goel | ) www.businessinsider.com time to read: +5 min

Read previewThe first presidential debate of 2024 did not go well for President Joe Biden. Despite a few jabs at Trump, Biden spent much of the debate slurring through sentences and, at times, sounding incoherent. AdvertisementBut the shortcomings of Biden's performance — which Business Insider's politics reporters called a "complete disaster" — went beyond his speaking segments. 'It wasn't the president's finest hour'When it was Trump's turn to speak, Biden sometimes looked toward the ground as though drifting from the conversation. "I don't think Biden's base can put a positive spin on his first debate performance," Falzon said.

Persons: —, Joe Biden, Donald Trump sparred, Biden, Trump, Paul Falzon, Falzon, Adriana Giotta, Giotta, TikTok, Biden Trump, Zers, Biden's, lauding, Donald J, Joe Organizations: Service, Trump, Business, Google, Biden Locations: Singapore

☆ There is one European country where Taylor Swift didn't change the economy so far
▼ + stars: | 2024-06-28 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewTaylor Swift's Eras Tour has made it to five European countries so far. Portugal, Spain, and Sweden's hotel prices in May increased several times' their 2021-2023 average. The Eras tour has had a massive economic impact on other countries. In Chicago, Eras tour dates led to 96.8% hotel room occupancy, an all-time high for the city, per the BMI report.

Persons: —, Swift, QuestionPro, concertgoers, Taylor Swift's, Ben Julius Organizations: Service, BMI, Fitch Solutions, Business, Philadelphia Federal Reserve, MBI, Tourist Italy Locations: France, Portugal, Spain, Paris, Lyon, Netherlands, Ireland, Austria, Switzerland, Chicago, Italy, Milan

☆ Your mac and cheese is about to get cheesier, and you can thank the sad state of the economy for it
▼ + stars: | 2024-06-27 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +1 min

General Mills will boost product flavors to attract price-conscious customers amid inflation. 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 . The snack and cereal maker said it will improve the taste of some of its biggest products to boost sales as inflation continues to hit consumers. This story is available exclusively to Business Insider subscribers.

Persons: Mills, —, Jeff Harmening Organizations: Service, Business

☆ Chinese shoppers are so obsessed with LVMH that some people asked the CEO to bless their babies
▼ + stars: | 2024-06-26 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +1 min

LVMH, led by Arnault, has grown significantly in China since entering the market in 1992. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementChinese customers are such big fans of luxury brands like Louis Vuitton that they reacted strongly to Bernard Arnault visiting their country. A few of them asked him to bless their babies, he told Bloomberg in an interview. This story is available exclusively to Business Insider subscribers.

Persons: Bernard Arnault's, Arnault, —, Louis Vuitton, Bernard Arnault, LVMH Organizations: Service, Bloomberg, Business Locations: China, Beijing, Shanghai

☆ Some countries are cutting down their workweeks. Greece is doing the exact opposite.
▼ + stars: | 2024-06-26 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +3 min

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

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