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☆ I was the first woman to be hired as a pilot by a major US airline in 1973. When I first started, they called me 'the little girl' and a uniform for women didn't even exist.
▼ + stars: | 2023-04-28 | by ( Bianca Giacobone | ) www.businessinsider.com time to read: +9 min

When American Airlines hired her in 1973, Bonnie Tiburzi was the only woman among 214 new hires. This as-told-to essay is based on a conversation with Bonnie Tiburzi, the first woman to fly with American Airlines as a pilot in 1973. A Boeing 727 jet in American Airlines livery similar to the one Tiburzi would have operated. Look like a female pilotWhen Tiburzi first started working for American Airlines, there was no uniform for female pilots. After 26 years with American Airlines, I retired in 1999.

☆ Harley quarterly profit rises 37%
▼ + stars: | 2023-04-27 | by ( ) www.reuters.com time to read: 1 min

Companies Harley-Davidson Inc FollowApril 27 (Reuters) - Harley-Davidson Inc (HOG.N) reported a near 37% rise in quarterly profit on Thursday as higher prices for its popular models failed to dent demand. Shares for the Milwaukee-based manufacturer were up 6.8% at $34.9 in premarket trading. The motorcycle maker implemented a series of price hikes in the past two years for its popular Trike, Cruiser and Touring models to help offset higher raw material and logistics costs in the face of rising inflation. Sales from motorcycles and related products rose 21% to $1.56 billionNet profit rose to $304 million, or $2.04 per share, in the first quarter, from $222.5 million, or $1.45 per share, a year earlier. Reporting by Kannaki Deka in Bengaluru and Bianca Flowers in ChicagoOur Standards: The Thomson Reuters Trust Principles.

The Biden administration's infrastructure legislation encouraged spending in the construction sector, spurring demand for the machinery maker's excavators, bulldozers and trucks. Caterpillar's construction division recorded a 10% rise in total sales on the back of solid demand in North America which increased 33% year-over-year. Cost control measures that led the company to raise prices across its machinery lines over the past two years have buoyed top-line growth. Healthy demand, coupled with strong pricing, helped Caterpillar navigate higher material and freight costs amid ongoing supply challenges. Caterpillar's sales and revenue for the quarter through March 31 rose to $15.9 billion from $13.6 billion a year ago.

Jason Connolly/Pool via REUTERS/File PhotoApril 25 (Reuters) - Colorado's governor signed the nation's first right to repair legislation into law on Tuesday, giving the state's farmers and ranchers the autonomy to fix their own equipment. With a Case IH red tractor displayed outside the state Capitol in Denver, Governor Jared Polis, a Democrat, signed The Consumer Right to Repair Agriculture Equipment Act. "This is a common-sense bipartisan bill to help people avoid unnecessary delays from equipment repairs." Right to repair legislation is gaining momentum across the country as lawmakers in 16 states have introduced bills, according to a report by the Public Interest Research Group, an advocacy organization. "Creating more fair market access through right to repair is one of the items that we hope will be included," he said.

☆ Alaska Airlines is getting rid of the self-serve airport kiosks that print boarding passes
▼ + stars: | 2023-04-24 | by ( Bianca Giacobone | ) www.businessinsider.com time to read: +3 min

Alaska Airlines is removing check-in kiosks as part of a $2.5 billion overhaul of its airport lobbies. Alaska Airlines has started removing kiosks to print boarding passes at airports, as part of a $ 2.5 billion investment in its passengers' "lobby experience." QR codes in airport lobbies will prompt passengers to get a boarding pass on their phones if they arrive without one, an Alaska Airlines representative told Insider. Kiosks have already been removed at nine airports: Portland International Airport in Oregon, Boise Airport, Cleveland Hopkins International Airport, Indianapolis International Airport, Harry Reid International Airport in Las Vegas, Missoula International, Ontario International, Palm Springs International, Rocky Gutierrez Airport in Sitka, Alaska. Alaska Airlines is a passengers' favorite in terms of customer satisfaction, according to a recent survey.

☆ An American Airlines passenger peed on another traveler on a New York to India flight, reports say
▼ + stars: | 2023-04-24 | by ( Bianca Giacobone | ) www.businessinsider.com time to read: +2 min

A passenger on an American Airlines flight from New York to Delhi flight is accused of urinating on a fellow passenger while inebriated. An American Airlines passenger urinated on another traveler midflight, according to local media reports. "American Airlines flight 292 with service from John F. Kennedy International Airport to Indira Gandhi International Airport was met by local law enforcement upon arrival in DEL due to a disruption on board," an American Airlines spokesperson told Insider. At the beginning of March, a 21-year-old student reportedly urinated on another passenger who was asleep on an American Airlines flight from New York to Delhi. In January, Wells Fargo fired an employee who was accused of urinating on a fellow passenger while on Air India's New York to Delhi flight in November.

☆ When M&A takes off, these are the 27 fintechs that could get scooped up, and the firms most likely to buy them
▼ + stars: | 2023-04-24 | by ( Paige Hagy | Bianca Chan | ) www.businessinsider.com time to read: +2 min

Why it's on the market: SMB lenders saw valuations skyrocket during the pandemic years fueled by cash-strapped businesses struggling to secure loans amid tightening lending requirements. "These sorts of businesses almost certainly got way over their skis on valuation," a partner at a California-based venture firm, told Insider. SMB lenders are potential acqui-hires or acquisition targets unless they can raise more capital, according to one New York-based partner at a large venture firm. In November 2022, Pipe announced its three cofounders would step down and start the search for a "veteran" CEO. Both experts expect to see consolidation throughout the segment, with larger consumer and SMB lenders like Ramp and Brex as potential buyers.

☆ Goldman Sachs wants to simplify options trading for its clients with this new AI-powered tool
▼ + stars: | 2023-04-24 | by ( Bianca Chan | ) www.businessinsider.com time to read: +5 min

Goldman Sachs is building out a tool used by institutional clients for pricing derivatives. Goldman Sachs is expanding on a tool aimed at simplifying the complex world of derivatives trading for its institutional clients. At its core, Visual Structuring is making it easier to translate an idea about the markets into a potential options trading strategy. Screenshot of Goldman Sachs' Visual Structuring tool used to price options. Visual Structuring helped them explain the risk they're taking in a way that's easy to monitor and understand.

☆ Meet the 12 executives helping PE firms overhaul their tech strategies and streamline how they cut deals
▼ + stars: | 2023-04-24 | by ( Bianca Chan | Rebecca Ungarino | ) www.businessinsider.com time to read: +2 min

The people responsible for private-equity firms' internal tech have never been more important. In the world of private equity, where firms generate returns and mint millions of dollars by relying on human judgment, technology hasn't always had a strong foothold. But that's starting to change as some of the largest PE firms take the plunge to invest in their own internal tech. Private equity has largely taken a wait-and-see approach to investing and building internal tech operations. Here is a list of top tech execs to know in the private equity industry.

☆ Thieves can steal a car in minutes by hacking it through its headlights with devices sold online, experts warn
▼ + stars: | 2023-04-24 | by ( Bianca Giacobone | ) www.businessinsider.com time to read: +4 min

Emergency start devices sold online starting at $1,600 can hack into a car through its wire network. The easiest access to car wires is through the headlights, car security experts say. "Normally, the wake-up message happens when you've pressed your car key. The hacking device sends a message to the car's front network — a car has many networks for logistic reasons — pretending to be the key. To study the hacking system, Tindell and Tabor purchased a similar hacking device online and reverse-engineered it.

☆ German magazine apologizes to Schumacher family over A.I. interview, sacks editor
▼ + stars: | 2023-04-23 | by ( ) www.cnbc.com time to read: +2 min

The publishers of a German magazine that ran an 'interview' with Michael Schumacher generated by artificial intelligence have sacked the editor and apologized to the Formula One great's family. His family said this week that they were planning legal action against weekly magazine Die Aktuelle, owned by the Essen-based Funke media group. "Die Aktuelle editor-in-chief Anne Hoffmann, who has held journalistic responsibility for the paper since 2009, will be relieved of her duties as of today." The latest edition of Die Aktuelle ran a front cover with a picture of a smiling Schumacher and the headline promising 'Michael Schumacher, the first interview'. "We're trying to carry on as a family, the way Michael liked it and still does.

☆ A private train company just unveiled its snazzy new station at Orlando airport — see inside Brightline's 37,350-square-foot facility
▼ + stars: | 2023-04-23 | by ( Bianca Giacobone | ) www.businessinsider.com time to read: 1 min

Passengers can access Brightline's station through a bright yellow entryway in terminal C. The rest of the airport is connected to the station via an automated people mover. Courtesy of Brightline

CNN —The editor-in-chief of Die Aktuelle, a German magazine that published a fake artificial intelligence (AI) interview with Michael Schumacher, has been “relieved of her duties,” a statement from publishing house FUNKE said, alongside an apology to the Schumacher family. Schumacher has not been seen in public since he suffered a brain injury in a skiing accident in December 2013. It in no way meets the standards of journalism that we – and our readers – expect from a publishing house like FUNKE,” FUNKE magazine managing director Bianca Pohlmann said in the statement. Only toward the end of the article does it become apparent that the interview was produced by AI. Hannibal Hanschke/EPA-EFE/ShutterstockSince the accident, the Schumacher family has kept updates about the health of the motorsport legend to a minimum to protect their privacy.

☆ German magazine fires editor over AI 'interview' with Michael Schumacher
▼ + stars: | 2023-04-22 | by ( ) www.reuters.com time to read: +2 min

[1/2] Mercedes Formula One driver Michael Schumacher of Germany stands inside his team garage during the first practice session of the Japanese F1 Grand Prix at the Suzuka circuit October 5, 2012. REUTERS/Kim Kyung-HoonApril 22 (Reuters) - The publishers of a German magazine that ran an 'interview' with Michael Schumacher generated by artificial intelligence have sacked the editor and apologised to the Formula One great's family. His family said this week that they were planning legal action against weekly magazine Die Aktuelle, owned by the Essen-based Funke media group. The latest edition of Die Aktuelle ran a front cover with a picture of a smiling Schumacher and the headline promising 'Michael Schumacher, the first interview'. "We're trying to carry on as a family, the way Michael liked it and still does.

☆ Two Former Peruvian Leaders Share the Same Jail. Another May Soon Join Them.
▼ + stars: | 2023-04-21 | by ( Bianca Padró Ocasio | ) www.nytimes.com time to read: +1 min

LIMA, Peru — Two of Peru’s former presidents are behind bars, one convicted of human rights violations, the other accused of illegally trying to dissolve Congress. A third ex-president may soon join that ignominious group with all three sharing the same prison. Alejandro Toledo, who led Peru two decades ago, surrendered on Friday to law enforcement officials in California, according to a U.S. Once he is returned to Peru, Mr. Toledo is expected to be incarcerated while the case against him proceeds. Peru has endured years of political corruption and instability that has resulted in the Andean country being ruled by seven presidents in the last seven years.

☆ A new 'basic' Japanese airline is launching flights between San Francisco and Tokyo starting at $325 one-way. See what it will be like onboard the Boeing 787 jets.
▼ + stars: | 2023-04-20 | by ( Bianca Giacobone | ) www.businessinsider.com time to read: 1 min

The $325 starting price is for the airline's standard value fare, not including airport charges, fees, and taxes. Courtesy of ZIPAIRThe $325 starting price does not include an in-flight meal and allows passengers a maximum of 15 pounds of carry-on baggage.

☆ Alaska Airlines is passenger's new favorite airline according to a new customer satisfaction survey. See how US airlines ranked, from worst to best.
▼ + stars: | 2023-04-20 | by ( Bianca Giacobone | ) www.businessinsider.com time to read: +2 min

Customer satisfaction with US airlines increased slightly year over year according to American Customer Satisfaction Index's latest travel study. Alaska Airlines topped the customer satisfaction ranking, while Spirit came in last. Customer satisfaction with US airlines is pretty much the same as it was in previous years, despite reports of cancellations, delays, and staffing shortages. Alaska Airlines topped the customer satisfaction chart, scoring 81 on a 100 scale, six points higher than it was last year. Delta and JetBlue, on the other hand, saw a decrease in customer satisfaction.

☆ Millennium is on the hunt for engineers in Miami. A top tech exec for the $58 billion hedge fund details the firm's new training program.
▼ + stars: | 2023-04-19 | by ( Bianca Chan | ) www.businessinsider.com time to read: +5 min

The head of tech for Miami outlines what applicants can expect, how to stand out, and why Miami. Naumovich, who was hired in September 2022, is responsible for building out Millennium's tech presence and tech offerings in Miami. A big part of that mandate will come down to recruiting tech talent, which has previously proven challenging for Wall Street firms in the area. The rotational program is the first of its kind in Millennium's tech organization. Wall Street SouthThe LEaD program is just one aspect of Millennium's big-picture build out in Miami.

☆ Balyasny built these 4 cloud-based tools that are critical in the $19.5 billion hedge fund's push into new trading strategies
▼ + stars: | 2023-04-19 | by ( Bianca Chan | ) www.businessinsider.com time to read: +2 min

Balyasny Asset Management is a multi-strategy hedge fund that has used the cloud since 2017. The firm's chief information officer and chief data officer detail 4 tools it built on the cloud. Balyasny Asset Management is deploying an arsenal of secret weapons that the $19.5 billion hedge fund has been building on the public cloud. The firm's data, applications, and investment teams all operate on cloud-based technologies, added Grimaldi, who is a former managing director at both JPMorgan and Goldman Sachs. In turn, the firm's tech and data teams have doubled in size since 2021 to more than 450 people.

☆ United Airlines to increase flights connecting the US to Australia and New Zealand by nearly 40%
▼ + stars: | 2023-04-18 | by ( Bianca Giacobone | ) www.businessinsider.com time to read: +2 min

United plans to operate 66 flights per week connecting the US and the South Pacific region this winter. That's a 40% increase in United flights to Australia and New Zealand compared to 2022. United Airlines is planning to ramp up its flights connecting the US to Australia and New Zealand by nearly 40%, the carrier announced Tuesday. Additionally, United plans to start offering daily flights between San Francisco and Brisbane, and twice daily flights between San Francisco and Sydney, starting October 28. United currently connects San Francisco to Brisbane three times per week, and San Francisco to Sydney daily.

☆ Inside Millennium Management's new engineering-recruitment program in Miami, from what applicants can do to stand out to why the city is becoming a key tech hub for the $58 billion hedge fund
▼ + stars: | 2023-04-17 | by ( Bianca Chan | ) www.businessinsider.com time to read: +5 min

☆ Goldman Sachs just upgraded an AI-powered tool that's part of its plan to simplify options trading for its clients
▼ + stars: | 2023-04-17 | by ( Bianca Chan | ) www.businessinsider.com time to read: +5 min

☆ Millennium's new Miami-based engineering program is the latest shot in hedge fund's war for young tech talent
▼ + stars: | 2023-04-17 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +4 min

Insider's Bianca Chan has a first look at Millennium Management's new engineering training program for its Miami office. Click here to read more about Millennium's new training program for engineers in Miami. JPMorgan's Jamie Dimon, BlackRock's Larry Fink, Citigroup's Jane Fraser, and Wells Fargo's Charlie Scharf shared thoughts on the banking crisis during their respective earnings calls. The world's largest money manager is open to making some deals in the wake of the banking crisis. Despite all the chatter on the recent banking crisis, JPMorgan's CEO still had thoughts on the state of the wider economy.

☆ A JetBlue flight to Fort Lauderdale landed in the Bahamas after the Florida airport closed due to extreme flooding
▼ + stars: | 2023-04-14 | by ( Bianca Giacobone | ) www.businessinsider.com time to read: +3 min

A JetBlue flight from Newark, New Jersey to Fort Lauderdale, Florida was diverted to the Bahamas on April 12. After three hours in Nassau, the plane went back to Newark, some nine hours after it first left the airport. Fort Lauderdale airport had shut down because of heavy rain and flooding. JetBlue flight 205 connecting Newark with Fort Lauderdale-Hollywood International Airport was diverted to Nassau Lynden Pindling International Airport on April 12 due to the Florida airport's closure. JetBlue flight 205 was canceled on Thursday but operated normally on Friday.

☆ 3 reasons why we hate the process of boarding planes according to an airline satisfaction expert
▼ + stars: | 2023-04-14 | by ( Bianca Giacobone | ) www.businessinsider.com time to read: +4 min

Power, the speed of boarding has only a partial impact on passengers' satisfaction. "Most economy passengers like Southwest boarding process the best, because it seems more egalitarian," Taylor explained. "There's a high correlation between the people skills of an airline and how people like their boarding process," Taylor said. "It's the deadline pressure that reduces satisfaction," Taylor explained. Customer satisfaction, Taylor said, is rarely about how fast you can get something done.

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