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However, according to experts we spoke with, buying a mattress online can be an incredibly successful endeavor because there are so many online, direct-to-consumer options that aren’t available in stores. | Tips for shopping for a mattress online | Where to shop for a mattress online | Why trust NBC Select? How to shop for a mattress onlineIf you want to shop for a mattress online, it’s helpful to arm yourself with some tools and tactics to make sure you make the best purchase possible. Where to shop for a mattress onlineWant to shop for a mattress online but don’t know where to start? For this story, she interviewed experts on how to shop for a mattress online.
Persons: , Jeff Kahn, there’s, Kahn, You’ll, Ben Trapskin, Yawnder, , it’s, Foster, Casper, Bethany Heitman, TikTok Organizations: NBC, Amazon, Sealy, Walmart, Mattress Firm, Stearns, Facebook, Twitter Locations: Casper, Tempur
In July, regulators fined the bank $136 million for failing to fix its data quality issues quickly enough. "Data and technology are intrinsically linked and the maturity and sustainability of our Data Transformation plan require that we leverage technology more," the memo reads. AdvertisementCiti is also appointing a new leader to run its Chief Data Office: Ashutosh Nawani, who previously led enterprise risk management. Nawani will report to Ryan and serve as head of enterprise data office and data transformation. Mehta became chief data officer the following month.
Persons: , Tim Ryan, Anand Selva, Ryan, we've, Selva, We've, Ashutosh Nawani, Nawani, Japan Mehta, Jane Fraser, Kathleen Martin, Martin, Mehta Organizations: Service, Citigroup, Citi, Business, PricewaterhouseCoopers, Revlon, Data, PwC, OCC Locations: London, Japan, India, Asia, Singapore, New York, Selva
The Crew Dragon capsule carrying four astronauts is on track to land off the coast of Dry Tortugas, Florida, at 3:36 a.m. Already, the Polaris Dawn mission has made history as it reached a higher altitude than any human has traveled in five decades. To safely reach home, the Crew Dragon capsule will carry out what’s called a “de-orbit burn,” orienting itself as it prepares to slice through the thickest part of Earth’s atmosphere. Polaris Dawn crew member and SpaceX engineer Sarah Gillis emerges from the Crew Dragon capsule's hatch on Thursday during the first commercial spacewalk. Sunday’s anticipated return will mark the conclusion of the third trip to space for the specific Crew Dragon capsule powering the Polaris Dawn mission.
Persons: CNN —, what’s, Jared Isaacman, Scott “ Kidd ” Poteet, Anna Menon, Sarah Gillis, NASA’s, , Gillis, Menon, Isaacman, ” Gillis, Jude Children’s, Sunday’s Organizations: CNN, Polaris, SpaceX, Shift4, US Air Force, Crew, “ Star, Force, Jude, Jude Children’s Hospital, NASA, Isaacman Locations: Gulf of Mexico, Tortugas , Florida
CNN —SpaceX’s Polaris Dawn crew is beginning its fifth day in orbit, having marked a few record-setting milestones on a historic journey — including the world’s first commercial spacewalk. Polaris Dawn crew member and SpaceX engineer Sarah Gillis emerges from the SpaceX Crew Dragon capsule during the first commercial spacewalk on Thursday. The Polaris Dawn mission's Crew Dragon capsule is seen Wednesday 870 miles (1,400 kilometers) above Earth — the farthest humans have traveled since the Apollo program over 50 years ago. The riskiest part of the journey may be over, but the Polaris Dawn crew still has a key milestone ahead: coming home. Polaris Dawn mission commander and Shift4 Payments CEO Jared Isaacman is seen anchored to a ladder dubbed the "skywalker" by SpaceX during his spacewalk.
Persons: CNN —, Elon, Jared Isaacman, Scott “ Kidd ” Poteet, Anna Menon, Sarah Gillis —, Gillis, , Sarah Gillis, Isaacman, Bill Nelson, , ” Nelson, Van Allen, mission's, Menon, NASA’s, Isaacman — Organizations: CNN, Polaris, NASA, Hubble, Telescope, Space, SpaceX, Elon Musk’s, Shift4, US Air Force, Polaris Program, International Space, Polaris Dawn Locations: United States, U.S, Florida, West, of Florida
Read previewTax evasion, insider trading, and money laundering. "There are routine categories of illicit acts that wealthy individuals often endeavor out of sheer greed," Matthew Barhoma, a Los Angeles defense attorney, told Business Insider. Insider trading is 'rampant' among some wealthy circlesAnother common unlawful method that some of the rich use to get richer is insider trading, according to the attorneys. Like insider trading, money laundering — a process used to conceal the source of illegally obtained cash — is another illicit tactic used by some wealthy individuals, according to the defense attorneys. "Having dealt a lot with people who devise these kinds of fraudulent financial transactions, I will say that many of them are absolutely brilliant," said Ressler.
Persons: , Todd, Julie Chrisley, Chrisley, Mike, Matthew Barhoma, Barhoma, Tama Kudman, they've, Mark Ressler, he's, Uncle Sam, Kasowitz Benson Torres, it's, Kudman, Ressler Organizations: Service, Business, United States Treasury Department, Treasury Department, Defense, New Locations: , Los Angeles, Switzerland, Cayman, New York City
It's also a sign of just how expensive the business of training and running AI models is getting. AdvertisementGenerative AI is a cash-guzzlerStartups like OpenAI need to raise huge amounts of capital to build smarter AI models. Just look at the spending of Big Tech firms working to improve their AI models. Consolidation has struck the AI industry in recent months, as some top startups trying to build AI models have been gutted. AI startups serious about progressing on LLMs will need to figure out the answer to this pretty quickly.
Persons: , Elon, Sam Altman, ChatGPT, It's, Justin Sullivan, OpenAI, Dario Amodei, Anthropic, Pretty, Amodei's Anthropic, Dario Amodei's Anthropic, Noam Shazeer —, Ben Bergman, Sri Muppidi, it's, Elad Gil, Gil Organizations: Service, Bloomberg, Business, SpaceX, Getty, Microsoft, Big Tech, Street, Nvidia, Apple, Amazon, Samsung, Google Locations: OpenAI, aren't
A Delta aircraft clipped the tail of another plane Tuesday morning at an Atlanta airport. Video taken at the airport appears to show the Endeavor plane with its tail hanging off the side of the aircraft. There are no reports of injuries and maintenance crews are evaluating for damage, Delta Air Lines said. The Delta flight was headed to Tokyo and the Endeavor Air flight to Lafayette, Louisiana. A damaged Endeavor Air plane on the tarmac at Hartsfield-Jackson Atlanta International Airport after a collision Tuesday.
Persons: Delta, Ronald Reagan, Nathan Pike Organizations: Delta, Hartsfield, Jackson Atlanta International, Endeavor Air, Federal Aviation Administration, Endeavor, Delta Air Lines, Ronald Reagan Washington National Airport, JetBlue, Southwest Airlines, NBC News, American Airlines, FAA Locations: Atlanta, Tokyo, Lafayette , Louisiana, Ronald Reagan Washington
Two Delta jets collided on an airport taxiway Tuesday, the airline said. Photos on X showed major damage to the tail section of one of the planes. Go to newsletter preferences Thanks for signing up! AdvertisementTwo Delta Air Lines jets collided on a taxiway at Georgia's Hartsfield-Jackson Atlanta International Airport on Tuesday morning, knocking a chunk of the tail section from one of the planes. Delta Flight 295 was taxiing for departure to Tokyo at 10:10 a.m.
Persons: Organizations: Delta, Service, Air Lines, Georgia's Hartsfield, Jackson Atlanta International Airport, Endeavor Air, Federal Aviation Administration, FAA, Business Locations: Tokyo, Lafayette , Louisiana
The mission, dubbed Polaris Dawn, was set to take flight as soon as 3:38 a.m. This launch attempt comes after several issues hampered the Polaris Dawn crew’s efforts to get off the ground in late August. Because carrying out a spacewalk will create a drain on oxygen supplies, the Polaris Dawn mission will have only enough life support for five or six days in space. If successful, Polaris Dawn would beat that record by about 20 miles (32 kilometers). Polaris Dawn may also mark the farthest any woman has ever gone into space.
Persons: Van Allen, Elon Musk, Jared Isaacman, Isaacman, Scott “ Kidd ” Poteet, Anna Menon, Sarah Gillis —, cumulatively Organizations: CNN, Polaris, SpaceX, Twitter, Kennedy Space Center, Falcon, US Air Force Locations: Florida
How Europe fell behindThe US and China have outpaced the EU on innovation. One of its biggest tech companies, Dutch semiconductor firm ASML, was founded 40 years ago. Europe's strategy to close the innovation gapMario Draghi thinks the EU should focus its attentions on AI. REUTERS/Yves HermanDespite its weaker position relative to the US and China, Draghi thinks the EU can devise a plan to close the innovation gap. Beyond AI, Draghi points to other measures to close the innovation gap, such as reforms to policies that he thinks hinder innovation, as well as addressing big funding issues.
Persons: , Mario Draghi, Draghi, European Central Bank —, Pedro Pardo, There's, Yves Herman, Musk, Mario Organizations: Service, Union, European Central Bank, Business, AFP, EU, Novo Nordisk, REUTERS, Tiger Global, Elon Musk Locations: Europe, China, EU, Silicon
Cate Blanchett touched down in Toronto for a wide-ranging talk about creative conflict on film sets, making big-budget films “risky,” and why her six-time Oscar-nominated film “Carol” struggled to find funding. “We want the numbers,” Blanchett said (though she didn’t specifically name-drop “Disclaimer” maker Apple, which, like most streamers, tends to shield its audience metrics). “At one point, another director was going to do it, and he got sort of taken off the project,” Blanchett said. That prompted her to step away as well, until Haynes expressed interest in the project and got Blanchett back on board. … Anything that gives you the time to think long thoughts and think uncomfortable thoughts, because being an actor, it’s pretty uncomfortable a lot of the time.
Persons: Cate Blanchett, Oscar, Carol ”, Blanchett, Alfonso Cuarón’s, Guy Maddin’s, , ” Blanchett, didn’t, , Todd Haynes, I’ve, Carol, Rooney Mara, Haynes, “ Carol, , Barbie ’, “ Indiana Jones, “ Thor, it’s, you’re Organizations: Alfonso Cuarón’s Apple, Royal Alexandra Theatre, Apple, , NBC Locations: Toronto, Kingdom
Fyre Festival is set to return for round two next spring, this time on a privately owned island off Mexico. McFarland said he hopes to gather 3,000 people for Fyre Fest II, scheduled for April 25-28. Whereas he gave himself only six months from the idea for the first Fyre Fest to its attempted execution, McFarland said, he has spent a full year working on Fyre Fest II, with more than seven months to go. The first iteration of Fyre Fest promised ticket buyers luxury villas and gourmet food at what was supposed to be an extravagant music festival in the Bahamas. In August 2023, the first drop of 100 presale tickets for Fyre Fest II (at $499 apiece) sold out within a day, even though its website at the time offered no lineup, no specific location and no details about accommodations.
Persons: Billy McFarland, McFarland, he’s, , it’s, , “ It’s, Kendall Jenner, Bella Hadid, Emily Ratajkowski, ” McFarland, Fyre, “ They’re, that’ll Organizations: Fyre Fest, Fyre, Street Locations: Mexico, Bahamas
Ukrainian F-16s are seen in the air in an undisclosed location in Ukraine. AdvertisementDays later, Ukraine acknowledged one of its F-16s crashed, killing its pilot, while battling Russian missiles during the attack. Related storiesHundreds attend a farewell ceremony for Ukrainian F-16 pilot Oleksiy Mest in Shepetivka on August 29, 2024. These include both Western and Soviet-era ground-based air-defense systems and fighter aircraft like the F-16. A Ukrainian Air Force F-16 flies in an undisclosed location in Ukraine, which waited years for the American-made fighter jets.
Persons: , Vincent Aiello, Oleksandr Syrskyi, Oleksiy, Mike Torrealday, Torrealday, it's, they're, " Aiello, You've Organizations: Service, Ukraine, NATO, Business, REUTERS, Ukraine's, Libkos, US Air Force, Ukrainian Air Force, AP Locations: Ukraine, Kyiv, Russia, Russian, Ukrainian, Shepetivka
The company slipped into the FTSE 250 during September's quarterly rebalancing, index provider FTSE Russell said in a statement, bringing its 15-year run in the U.K. large-cap FTSE 100 blue-chip index to a close. The company's current market cap of £2.34 billion ($3.06 billion) now puts it well below the other constituents of the FTSE 100, as well as some of the top performers in the FTSE 250. As such, funds that invest in the FTSE 100 will exit their Burberry holdings. The luxury label's addition to the FTSE 100 in September 2009 was taken as a further mark of its enduring appeal and its resilience, even amid the global financial crisis. The luxury sector as a whole has suffered from a prolonged downturn in consumer spending amid inflationary pressures and broader economic uncertainty.
Persons: Dave Rushen, Burberry Burberry's, Edward Berthelot, , Joshua Schulman, Luca Solca, Bernstein, Michael Kors, Josh Schulman, Solca, Burberry, Piral Dadhania, Richard Chamberlain, Schulman, Gerry Murphy, Cole Smead, Henry Nicholls, Smead, Hugo Boss, Gucci, Kering Organizations: UNITED, Burberry, New Bond, Getty, LONDON, Burberry Group, Russell, London Stock Exchange, jittery, CNBC, RBC, Sky News, Smead Capital Management, Afp Locations: UNITED KINGDOM, Basingstoke, England, British, U.S, London, China, Asia, Japan
I had been saving to buy a house, but prices in Southern California have made that unlikely. I decided to stop focusing on trying to buy a house, which means I can put more toward retirement. I'm okay knowing I might be renting for life, as it means I can streamline my finances. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Retirement Planning The best robo advisors can help you start your retirement planning journey.
Persons: , I've, I'm, homeownership, Roth, it's, There's Organizations: Service, realtors, SoFi Locations: Southern California, Los Angeles
Autry Stephens agreed to sell his company for $26 billion in cash and stock in February. The oil tycoon was set to become one of the world's 100 richest people, but he died this month. Go to newsletter preferences Thanks for signing up! AdvertisementAutry Stephens struck a deal in February that would have made him America's richest oilman and one of the world's 100 wealthiest people — but he died before it closed. The founder and owner of Endeavor Energy Resources agreed to sell the Texas oil producer to Diamondback Energy for $26 billion this spring.
Persons: Autry Stephens, Stephens, Organizations: Service, Endeavor Energy Resources, Diamondback Energy, Wall, Business Locations: Texas
Go to newsletter preferencesSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. In today's big story, Airbnb said its struggles are tied to consumers spending less, but it's also because they're opting for hotels instead . The big storyPlenty of vacancyiStock; Rebecca Zisser/BIAirbnb took a noticeable step back in its ongoing battle with hotels. But Airbnb's struggles are also a product of travelers opting for hotels instead , writes Business Insider's Dan Latu. The death of the so-called millennial lifestyle subsidy — for which Airbnb was a key player — resulted in consumers rethinking things.
Persons: , Airbnb, it's, let's, Rebecca Zisser, Execs, Airbnb's, Dan Latu, haven't, Jenny Chang, Rodriguez, Bloomberg it's, BI Bank of America isn't, Nicolás Ortega, Nate Silver, Chelsea Jia Feng, Alexander, Tal, Oren Alexander, Musk, Trump, Elon Musk's, Donald Trump, Ron DeSantis, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock Organizations: Service, Apple, Business, Bloomberg, Getty, BI Bank of America, Viking, Israel, BI, Apple Intelligence, Trump, X, Florida Gov, Google Locations: Iran, New York, London
Depreciation costs could lead to AI stock price declines and valuation scrutiny, according to Baird's Ted Mortonson. AdvertisementThe lurking problem is that the useful lifetime of AI GPU chips can be a lot shorter than many expect, especially as AI chips go through an ever-accelerating innovation cycle, leading to higher-than-expected depreciation expenses that ultimately drag down profits. For example, the bank expects Alphabet to record $28 billion in depreciation costs in 2026, which is 24% more than current consensus estimates of $22.6 billion. AdvertisementBut even that has its limits because of how quickly Nvidia is releasing new GPU chips. And for Mortonson, it all comes back to the return on invested AI capital.
Persons: Ted Mortonson, , doesn't, outlays, Ross Sandler, Baird, Morton, Sandler, Mortonson, there's Organizations: Barclays, Service, Companies, Nvidia, Business
Investors highlighted their portfolio companies and startups they had no financial ties to. Leena Rao, who oversaw the list and leads BI's VCs and startups team, estimated about 80% of the startups included are focused on AI. AdvertisementiStock; BIAs differentiated as AI startups try to be, the market has undeniably become oversaturated. Big Tech reform is coming, but Washington won't be the one doing it. Congress can't or won't act, so people who want Big Tech companies to change their ways are trying to do it through the courts .
Persons: , Kamala Harris, Tim Walz, Here's, Kimberly White, Chelsea Jia Feng, Leena Rao, BI's, That's, It's, Arindam Sandilya, Paul Dietrick, Oppenheimer, John Stoltzfus, Jenny Chang, Rodriguez, Adam Mosher, Mosher, YouTube's, Jimmy Donaldson, Alyssa Powell, Elon, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Annie Smith, Amanda Yen Organizations: Service, Business, Boldstart Ventures, TechCrunch, Healthcare, Getty, JPMorgan, FX, UBS, BI Prosecutors, Big Tech Locations: Minnesota, we're, Washington, New York, London
On Tuesday, the media company announced price hikes across the board for Disney+, Hulu, and ESPN+. Netflix remains the runaway leader in the streaming business – and the only consistently profitable competitor in the segment. ESPN+, the company’s sports streaming service, will also rise by $1 to $11.99 per month. The company also hiked the price of its subscription services by several dollars last year in an effort to make its streaming services profitable. Disney’s direct-to-consumer business, which includes its streaming services Disney+ and Hulu, long a money-losing endeavor for the company, eked out its first profit in May.
Organizations: CNN, Disney, ESPN, Netflix, ABC News Locations: Hulu, Hollywood
In today's big story, we're giving a full breakdown of what has been a wild few days for the market . Tech: Big Tech is going through a bit of a mid-life crisis . Big Tech is going through a bit of a . There are a few factors at play here:Big Tech, the backbone of the market, had weaker-than-expected earnings last week. The decision could seriously hurt Google's revenue and may signal more antitrust enforcement to come for other Big Tech companies .
Persons: , Airbnb, Rebecca Zisser, We're, what's, Warren Buffett's, Berkshire Hathaway, I'm, Claudia Sahm, M, Getty, Jenny Chang, Rodriguez, Jensen Huang, Citadel's Ken Griffin, Griffin, it's, Natalie Ammari, That's, Elon, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Annie Smith, Amanda Yen Organizations: Service, Business, Tech, Big Tech, Nasdaq, Federal Reserve, Apple, Oracle, Fed, Nvidia, Bank of America, Google Locations: Japan, Berkshire, Omaha, Asia, bitcoin, Florida, New York, London
The space agency said the move “allows more time for mission managers to finalize return planning” for the Starliner and its crew, according to a written update from the space agency. NASA will host a news conference on the change Wednesday at 12:30 pm ET. The brief NASA update lands as rumors swirl about the fate of the Boeing Starliner spacecraft, which has remained attached to the space station for roughly seven weeks longer than expected, leaving its two crewmembers — veteran NASA astronauts Butch Wilmore and Suni Williams — in limbo aboard the orbiting laboratory. It also makes clear that the Starliner crewed test flight and SpaceX Crew-9 missions will not play out exactly as officials publicly mapped out in late July. That’s when NASA said SpaceX could launch its Crew-9 mission as soon as August 18 — likely after Williams and Wilmore returned to Earth aboard Starliner.
Persons: Butch Wilmore, Suni Williams, , Williams, Wilmore Organizations: CNN, SpaceX’s, International, NASA, Boeing, SpaceX
There weren't any specific reasons for most of the moves; we weren't a military family or moving due to work. As a parent, I focus on creating routines and stabilityWhen I became a parent, I read about the benefits of routines for children and the security that familiarity provides. As they have grown, we have built family rituals such as Friday Family Night, where we take turns deciding what to do as a group. These all add another layer of predictability to their lives and give our kids a sense of family identity and belonging. But I hope that the scaffolding of predictable routines and rituals as a foundation in their lives will give them the support they need to handle big changes when they arise.
Organizations: Service Locations: Illinois, Tennessee, Georgia, Southern, friendless, Amsterdam
(Trump himself has tried to distance himself from Project 2025 but many of his policies and goals overlap.) “Honestly, the Trump administration was often sloppy in the way they rolled out these executive orders, including the first Muslim travel ban,” Washington Attorney General Bob Ferguson told CNN, referring to the Trump ban on migrants from several Muslim-majority countries that was the target of one of nearly 100 lawsuits brought by the Evergreen State against the Trump administration. “This time around, Project 2025 provides a very thorough overview over the issues in which a leading conservative organization, like the Heritage Foundation, is likely to push the Trump administration,” Romero said. Part of the Project 2025 effort has been to collect and vet thousands of potential staffers to serve up and down the federal bureaucracy of a future Trump administration. The ACLU, meanwhile, has been rolling out a series of analyses of possible legal and legislative responses to potential Trump policies.
Persons: Donald Trump, he’ll, slapdash policymaking, Trump, Bob Ferguson, Ferguson, Washington Democrat –, , , , Deepa Alagesan, Trump’s, Elizabeth Taylor, rollbacks, “ It’s, Anthony Romero, ” Romero, Joe Biden, Romero, It’s, Paul Dans, Skye Perryman, Kica Matos Organizations: CNN, Republican, Trump, Evergreen State, Washington Democrat, International Refugee Assistance, , National Health Law, Republicans, Supreme, ACLU, Heritage Foundation, Trump Justice Department, Forward, Immigration Law Center, New York Times, Democratic Locations: Washington
Go to newsletter preferencesSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. In today's big story, interest-rate cuts are almost certainly coming, but the relief won't be felt immediately . The big storyCrash landingKevin Dietsch/Getty, Tyler Le/BIOur bend-don't-break economy might finally have reached its limit. After a year of resiliency in the face of high interest rates, the cracks are showing in the US economy. But it's not a silver bullet, and the rate cut's effect will take time to make its way through the economy.
Persons: , Kevin Dietsch, Tyler Le, it's, Chelsea Jia Feng, Claudia Sahm, Madison Hoff, McDonald's, Jared Siskin, Bobby, Jordan Grumet, Justin Best, Brian Stauffer, Michal Kosinski, Rob Price, sompong, Seng kui Lim, Getty, Joe Biden's, Elon, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Annie Smith, Amanda Yen Organizations: Service, Business, Relief, Getty, Fed, Amazon, Big Tech, Madison, Park Conservancy, Citadel, FIRE, Union Square Advisors, Nvidia, America Locations: resiliency, Central, Switzerland, Canada, Park, Paris, New York, London
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