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☆ Under strain from war, Russia plans a massive layoff in its public sector: report
▼ + stars: | 2024-11-12 | by ( Hannah Abraham | ) www.businessinsider.com time to read: +3 min

Russia will resume public sector layoffs, affecting up to at least 40,000 workers, per Kommersant. Layoffs were paused due to COVID-19 and Russia's invasion of Ukraine. The cuts would also allow more people to enter Russia's labor market which is experiencing a worker shortage. The cuts would also allow more people to enter Russia's labor market which is experiencing a widespread shortage of workers amid Russia's invasion of Ukraine. Workers have been pulled into the Ukraine war or forced to flee after Putin enacted a major mobilization to increase wartime recruitment.

Persons: —, Vladimir Putin, Putin, Harley Balzer, Russian Central Bank Governor Elvira Nabiullina Organizations: Service, Russian Kommersant, Kommersant, Russian Academy of Science's Institute of Economics, Workers, Georgetown University, Russian Central Bank Governor Locations: Russia, Ukraine, Russian

☆ Diddy wins third-chance hearing to argue for bail in sex-trafficking case
▼ + stars: | 2024-11-12 | by ( Laura Italiano | ) www.businessinsider.com time to read: +3 min

Sean "Diddy" Combs has won a third chance to argue for bail in his federal sex-trafficking case. Combs has been held without bail in Brooklyn since his September arrest. AdvertisementLawyers for Sean "Diddy" Combs on Tuesday won a third chance to argue that he should be released from jail pending his May 5 trial date on federal sex-trafficking charges. US District Judge Arun Subramanian set 2 p.m. on November 22 for a bail hearing. Combs' side gets to reply to that response by Wednesday, November 20, two days before the hearing.

Persons: Sean, Diddy, Combs, He's, —, Arun Subramanian, Subramanian, Andrew L, Carter , Jr Organizations: Service, Tuesday, Miami Locations: Brooklyn, Miami, New York

☆ TikTok and its owner ramped up their hiring from China, even as Congress raised national security concerns
▼ + stars: | 2024-11-12 | by ( Dan Whateley | ) www.businessinsider.com time to read: +6 min

669 of the 1,089 approved US H-1B hires for TikTok and ByteDance in that fiscal year were from China. The hiring occurred as US officials raised concerns about TikTok's ties to China. Only 12% of all approved fiscal year 2023 H-1B applications were for Chinese nationals, compared to 61% of TikTok and ByteDance's approved applications. AdvertisementEven as TikTok has taken steps to downplay its association with China, its owner, ByteDance, continues to operate in the US. The company has also used TikTok's Chinese sister app, Douyin, as a testing ground for features that ultimately end up on TikTok.

Persons: —, ByteDance, US Sen, Tom Cotton, Cotton, Alejandro Mayorkas, ByteDance's, China TikTok, TikTok, Trump Organizations: TikTok, Service, Companies, Citizenship, Immigration Services, Business, US Data Security, Chinese Communist Party, US, Homeland, India, National Intelligence Locations: China, Beijing, ByteDance, California, Taiwan, Canada, Vietnam

☆ I've tried 7 popular food-delivery boxes. From HelloFresh to Purple Carrot, here's how to choose the best one for you.
▼ + stars: | 2024-11-12 | by ( Steven John | ) www.businessinsider.com time to read: +1 min

I've tried seven of the popular services on the market, and HelloFresh and Blue Apron feel gourmet. Go to newsletter preferences Thanks for signing up! Related Video How 3 Korean chefs make 10,000 office workers' lunch boxes every weekMy favorite solution to the age-old problem is meal-delivery boxes. I've tried seven popular brands on the market, and they're all a little different. Here's how the boxes stack up — and how to decide which is best for you.

Persons: I've, — Organizations: Service

☆ My mother-in-law and I went on our first trip together. We needed it more than we realized.
▼ + stars: | 2024-11-12 | by ( Terri Peters | ) www.businessinsider.com time to read: +6 min

We had a great time on our trip together, and both of us needed it more than we realized. Courtesy of Terri PetersMy mother-in-law and I have different interests: I love reading and Taylor Swift, and she loves watching British detective shows, for example. We had great conversations and made lasting memoriesThe author and her mother-in-law enjoyed their time in Silver Dollar City. Courtesy of Terri PetersMy mother-in-law lost her husband in March 2022, and in March 2023, one of her three adult sons also died. I didn't realize I needed a getaway with just my mother-in-law, either.

Persons: —, I've, I'm, we've, Joe Cafe, Terri Peters, Taylor Swift, Branson, she's, — she's Organizations: Service, Silver Dollar Locations: Branson , Missouri, Branson, Branson .

☆ Saudi Arabia parts ways with the CEO of Neom, its new desert megacity
▼ + stars: | 2024-11-12 | by ( Pete Syme | ) www.businessinsider.com time to read: +3 min

The CEO of Neom, Nadhmi al-Nasr, has stepped down from the role after six years. Saudi Arabia's ambitious megacity scaled back targets earlier this year. AdvertisementThe CEO of Saudi Arabia's ambitious Neom project has abruptly stepped down after six years in the role. It's a key part of Saudi Arabia's Vision 2030 project that aims to diversify the kingdom's economy away from oil by launching new industries and attracting more tourists. Neom has also faced staffing challenges, with reports earlier this year that two executives were involved in a physical confrontation.

Persons: Nadhmi al, Nasr, Neom, —, Nadhmi, Aiman, Malcolm Aw, Abdul Rahim al, Antoni Vives Organizations: Service, Saudi, Street Journal, Public Investment Fund, Journal, Neom Locations: Saudi, Saudi Arabia

☆ Trump wins stay in hush-money case, allowing him time to argue for its dismissal
▼ + stars: | 2024-11-12 | by ( Laura Italiano | ) www.businessinsider.com time to read: +3 min

President-elect Donald Trump on Tuesday won a stay of deadlines in his hush-money case. Trump was to learn Tuesday if the case is dismissed, and if not be sentenced next week. AdvertisementOne week from sentencing, President-elect Donald Trump has won at least a temporary stay in his criminal hush-money case. On Friday, the judge in the Washington, DC-based election-interference case similarly froze all deadlines until at least December 2 on agreement with the special counsel. AdvertisementIn the hush-money case, two pending deadlines are now at least temporarily wiped from the calendar.

Persons: Donald Trump, Trump, —, Juan Merchan, Attorney Alvin Bragg, Jack Smith, Fani Willis, Fulton County , Georgia —, Smith, Merchan Organizations: Tuesday, Service, New, Prosecutors, Attorney Locations: Manhattan, Fulton County , Georgia, Washington, DC, Florida

☆ I've spent a day eating like every living US president. The best diets have surprised me.
▼ + stars: | 2024-11-12 | by ( Bennett Rea | ) www.businessinsider.com time to read: +2 min

I recreated over 150 recipes from politicians before I started spending a day eating just like them. George W. Bush had my favorite daily eating habits, while Donald Trump had my least favorite. Go to newsletter preferences Thanks for signing up! Eventually, I discovered the daily diets of every living president: Joe Biden, Donald Trump, Barack Obama, George W. Bush, Bill Clinton, and Jimmy Carter. Here's my highly subjective ranking of the daily eating habits of our living US presidents, from worst to best.

Persons: George W, Bush, Donald Trump, —, Mitch McConnell's flavorless Hoppin, John, Mark Warner's, Joe Biden, Barack Obama, Bill Clinton, Jimmy Carter, Trump, Biden Organizations: Service, Congress Locations: America

☆ Airbnb CEO says most employees don't want full autonomy at work — and those that do should start their own companies
▼ + stars: | 2024-11-12 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +4 min

I think their actions don't say the same thing," he told Fortune. Chesky, who inspired the term "founder mode," says those seeking autonomy should be entrepreneurs. The Airbnb CEO recently spoke with Fortune about the "founder mode" model of leadership. But I don't think people for the most part want to be disintegrated. AdvertisementHe said that his operating in founder mode "flies in the face of everything we're taught about modern leadership."

Persons: Fortune, Chesky, —, Brian Chesky doesn't, Paul Graham, Graham, Airbnb, he'd, they're, we're, Steve Jobs, Walt Disney, Jensen Huang, Elon Musk Organizations: Service Locations: America

☆ Anthony Scaramucci is worried about a stock-market crash not seen since the late 1920s if Trump follows through on some of his plans
▼ + stars: | 2024-11-12 | by ( James Faris | ) www.businessinsider.com time to read: +7 min

AdvertisementUS stocks have been on a tear since Trump's win. "Let me tell you something: If Trump enacted 50% of what he's saying, you'll have a stock market crash, the likes that you haven't seen since the 1920s," Scaramucci said. You'll crush the economy; you'll crush our tax revenues; you'll flip upside down the job market," Scaramucci said. "They will not be ready for that, and so the stock market will have gotten wrong the current movement." "My guess is that the stock market aficionados, the stock market experts, are probably right," Scaramucci said.

Persons: SkyBridge Capital's Anthony Scaramucci, Trump, there's, Scaramucci, —, Anthony Scaramucci, it's, Bitcoin, Donald Trump's, didn't, David Bahnsen, he's, — Elon Musk, Elon, Tom Orlik, David Kelly, , Susie Wiles Organizations: Service, House, SkyBridge, Business, Nasdaq, Russell, Trump, Bloomberg Economics, JPMorgan Asset Management, Republican

☆ I went back to work 6 weeks after having a baby. My husband had to turn his schedule upside down to support mine.
▼ + stars: | 2024-11-12 | by ( Liz Bolton | ) www.businessinsider.com time to read: +5 min

Before having my baby I was working as an actor in Los Angeles. I went back to casting and working six weeks postpartum and am grateful for my husband's support. AdvertisementI went back to work when she was 6 weeks oldMy daughter was born in November, which was lucky timing. As a commercial actor, I didn't have co-workers in the traditional sense, but I did have co-auditioners. More than once, we had to come home early from a family trip so that I could make it to a shoot I'd been cast in while out of town.

Persons: —, I'd, hadn't, she'd Organizations: Service Locations: Los Angeles, Oxford, Palm Springs

☆ My best friend and I gave our daughters the same name. We hoped it would strengthen their bond.
▼ + stars: | 2024-11-12 | by ( Dana Dubois | ) www.businessinsider.com time to read: +4 min

My best friend and I both named our daughters Annika. AdvertisementI met my best friend back in 2005 when I ran a Seattle-based indie music website, and she played in my favorite band. A shared bond on the other side of the worldIt's hard to live 6,000 miles away from one of your best friends. AdvertisementBut Saundrah's daughter is tall, has an incredible sense of direction, and wakes up at 5:30 a.m. every day to get homework done. Saundrah's daughter is an extrovert, and mine is an introvert.

Persons: Annika, —, Saundrah, Leo, we'd, Nika, Nico Organizations: Service Locations: Seattle, Europe

☆ The 'Squid Game' director says he agreed to make the second season of the show for just one reason: money
▼ + stars: | 2024-11-12 | by ( Erin Liam | ) www.businessinsider.com time to read: +4 min

Hwang Dong-Hyuk, the director of "Squid Game," said the Emmy-winning series caused a lot of stress. AdvertisementHwang Dong-Hyuk, the director of "Squid Game," says he was so stressed while making the first season of the Emmy-winning show that he lost "eight or nine" teeth. The second season of "Squid Game" will be released on December 26, and its third installment is set to be released next year, according to Netflix. That year, "Squid Game" also earned a spot as the most-watched show, with 1.65 billion hours streamed in the first four weeks. In the same interview with BBC, Hwang said that the stress he felt creating the second season of "Squid Game" was "much greater" due to high audience expectations.

Persons: Hwang Dong, Hwang, —, wasn't, Guillermo del Toro's, Seong Gi, Lee Jung Organizations: Netflix, Service, BBC, Bloomberg, Guardian, Business, Business Insider

☆ Trump said he'll unleash an oil boom. Exxon Mobil CEO says not so fast.
▼ + stars: | 2024-11-12 | by ( Catherine Boudreau | Jacob Zinkula | ) www.businessinsider.com time to read: +4 min

Trump has said he plans to bring down gas prices by boosting US oil production. AdvertisementDuring the presidential campaign, Trump said that he planned to lower energy prices — including the cost of gas — by increasing US oil production. Cahill added that he expects the US to increase oil production, but it will happen gradually. However, he said boosting oil production while keeping prices at a desired level is a "delicate balance" for the industry. "If oil prices drop, you're likely to see a natural decline in US oil production over the long run," he said, adding, "Oil companies have shareholders to be accountable to."

Persons: Trump, Darren Woods, —, Donald Trump's, Semafor, Ben Cahill, Cahill, Woods, Patrick De Haan, Joe Biden Organizations: ExxonMobil, Service, Energy, University of Texas, US Energy Information Administration, CNBC, Trump, OPEC, US, Wall Street, Exxon Locations: China, Austin, Gulf, Mexico, Paris

☆ 'Hot Frosty' is the latest film in Netflix's Christmas Cinematic Universe. Here's how it connects to 'Falling For Christmas' and other movies.
▼ + stars: | 2024-11-12 | by ( Ayomikun Adekaiyero | ) www.businessinsider.com time to read: +5 min

Here's what to know about the universe and where "Hot Frosty" fits in. AdvertisementThe Netflix Christmas Cinematic Universe is expanding again with the streamer's new movie "Hot Frosty." Netflix's latest Christmas offering, "Hot Frosty," follows a woman (Lacey Chabert) who accidentally turns a snowman into a real man (Dustin Milligan) with the power of a magical Christmas scarf. In "Falling for Christmas" and some of the other Netflix Christmas movies, characters see "Christmas Prince" movies on their TV screens. For this to make sense, "Hot Frosty" and the "Christmas Prince" franchise would have to exist in a separate parallel world to "Falling for Christmas" within the Netflix Christmas universe.

Persons: Lindsay Lohan, Jennifer Coolidge, —, Lacey Chabert, Dustin Milligan, Lindsay Lohan's, Rachel McAdams, Chabert, Gretchen Wieners, Lohan, Cady Heron, Bobby Helms, Kathy, Gretchen, Cady, Jack, Sierra, Aunt Sandy, Jennifer Coolidge's, Aunty Sandy, Dottie, Katy Mixon Organizations: Service, Netflix, Marvel, Star Wars, Paramount, Sierra

☆ Martha Stewart says Snoop Dogg taught her how to negotiate contracts better
▼ + stars: | 2024-11-12 | by ( Amanda Goh | ) www.businessinsider.com time to read: +3 min

Good friends help each other get better business deals, just like Martha Stewart and Snoop Dogg. Stewart told The Wall Street Journal that she "learned how to negotiate even better than ever" from the rapper. They first met on "The Martha Stewart Show" in 2008, during which they made mashed potatoes together. "She presents an opportunity, we present it to a network and we make some things happen," Snoop Dogg told People in a September interview. As good friends, they also help each other get better business deals, Snoop Dogg said.

Persons: Martha Stewart, Snoop Dogg, Stewart, —, They've, Martha, Snoop's, It's, Snoop, he's, Martha's Chard Organizations: Wall Street Journal, Service, Wall, VH1, Party, Business

☆ Here's how much more laptops, TVs, and smartphones could cost under Trump's proposed tariffs, consumer group says
▼ + stars: | 2024-11-12 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +5 min

Americans' favorite tech gadgets could surge in price under Donald Trump's proposed tariffs, per a new report. An October report on consumer technology found laptops, smartphones, and TVs would surge in price. Under Trump's tariffs, the average price of laptops and tablets could skyrocket 45%, jumping an additional $200-$350 from their current prices, the CTA report found. AdvertisementUnder Trump's tariffs, video game consoles, meanwhile, could cost nearly $250 more than they currently do, and monitors could increase by more than $100, the report found. Televisions will see a 9% increase in consumer price, costing an additional $48 on average, according to the CTA report.

Persons: Donald Trump's, —, Trump, Gary Shapiro, International Trade Ed Brzytwa Organizations: Service, Consumer Technology, EVs, Cato Institute, CTA, Reuters, Consumer Technology Association, World, Census Bureau, Global, International Trade Locations: China

☆ Dwayne Johnson once fired his agents because they didn't agree he could be bigger than Will Smith and George Clooney. Now his movies have made more money than both.
▼ + stars: | 2024-11-12 | by ( Ayomikun Adekaiyero | ) www.businessinsider.com time to read: +3 min

Dwayne Johnson's goal was once to be a bigger star than George Clooney and Will Smith. GQ reported Johnson fired agents who didn't agree with his ambition. AdvertisementDwayne Johnson said he used to hope he would be a bigger star than George Clooney or Will Smith. From 2012 to 2020, Johnson appeared on Forbes' highest-paid actor list, and above Smith and Clooney in 2016, 2019, and 2020. "You reach a point in life where on the other side of running, it's the stuff you love," Johnson said.

Persons: Dwayne Johnson's, George Clooney, Will Smith, Johnson, —, Dwayne Johnson, Zach Baron, Clooney, Smith, Gabe Ginsberg, I'm Organizations: GQ, Service, IMDB Pro, Forbes Locations: Canada

☆ I've been on 105-day cruises, but this 13-day one was the toughest. Its itinerary had a major flaw I'll avoid on future trips.
▼ + stars: | 2024-11-12 | by ( Lauren Mack | ) www.businessinsider.com time to read: +5 min

After 25+ cruises, I say the best cadence of busy port days to relaxing sea days is a ratio of 2:1. Ultimately, I think adding one or two sea days to the itinerary would've improved the experience and given me space to relax. AdvertisementPlus, multiple sea days in a row can provide beginner or first-time cruisers insight into whether they like them. This can be useful to anyone contemplating trans-Atlantic and trans-Pacific crossings that can have seven or more sea days in a row. For me, after going on more than 25 cruises — including a 105-day sailing — I've found the best cadence of busy port days to relaxing sea days is a ratio of 2:1.

Persons: —, I've, Lauren Mack, I'm, I'd, isn't Organizations: Service, Norwegian Cruise Locations: Norwegian, Asia, Keelung, Taiwan, Philippines, Malaysia, Brunei

☆ Russia's inflation is so bad that potatoes cost 64% more than they did at the start of the year
▼ + stars: | 2024-11-12 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

Russia's economy faces stress as high interest rates fail to control inflation. Business leaders criticize high rates, warning of potential bankruptcies and an economic slowdown. The data from Rosstat, Russia's federal statistics service, show that food prices have generally risen across the board this year. To tame prices, Russia's central bank has hiked its key interest rate to a record high of 21% last month. High interest rates are irritating business leaders, who are more loudly critiquing the central bank's policies.

Persons: —, It's, Vladimir Putin, Sergei Chemezov, Chemezov Organizations: Business, Service, MMI Locations: Ukraine, Rosstat, Russian, Russia

☆ Apple is making it easier to find your lost luggage by letting you share AirTag tracking info with airlines
▼ + stars: | 2024-11-12 | by ( Jaures Yip | ) www.businessinsider.com time to read: +4 min

Apple announced a feature to share AirTag tracking info with third parties, like airlines. The feature, "Share Item Location," is expected to launch with iOS 18.2 in December. AdvertisementApple's newest AirTag feature is expected to make finding lost luggage a little easier for frequent fliers. However, Share Item Location is now available in the public beta for iOS 18.2. Additionally, air transport tech company SITA will also integrate Share Item Location into its baggage-tracking system.

Persons: —, Apple, it's, David Kinzelman Organizations: Apple, Service, iOS, Apple Intelligence, Delta Air Lines, United, British Airways, Air Canada Locations: Delta

☆ 3 CEOs preparing to raise prices if Trump enacts trade restrictions
▼ + stars: | 2024-11-12 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +5 min

Economists say his tariff proposals could spike inflation as companies tend to pass costs on to consumers. Some companies have already said Trump's proposals would force them to increase prices. AdvertisementSome executives have warned that price hikes are on the way if President-elect Donald Trump's tariff plans go into effect. Executives have told analysts on earnings calls that it would be difficult to maintain current prices under Trump's broad tariffs. AdvertisementBelow are the companies that are warning of price increases if Trump's tariff proposals are implemented.

Persons: Donald Trump, —, Donald Trump's, Trump, Tarang Amin, Amin, AutoZone Philip Daniele, Daniele, Tim Boyle, Boyle, Stanley Black, Decker Donald Allan, Decker, Allan, Steve Madden, Edward Rosenfeld Organizations: Service, Federal Reserve, Columbia, Washington Post, Trump Locations: China, Columbia, Mexico

☆ SoftBank is betting on AI and an IPO revival after swinging to a $7.7 billion profit
▼ + stars: | 2024-11-12 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +4 min

SoftBank reported a $7.7 billion quarterly profit on Tuesday after a loss last year. SoftBank Vision Fund's CFO told BI that "macro tailwinds" helped its public portfolio. AdvertisementGains for its Vision Fund 1, a $98.6 billion investment vehicle launched in 2016 with backing from Abu Dhabi and Saudi Arabia's sovereign wealth funds, totaled $3 billion in the second quarter. Despite the investment gain, Vision Fund 2 has lost an overall total of $21 billion since its inception. The results come as SoftBank gears up for a huge investment spree in AI to realize Son's ambitious vision.

Persons: SoftBank, —, Masayoshi, Didi Chuxing, Navneet Govil, Ola, Govil, PayPay Organizations: Service, Funds, Vision, IPOs, Nvidia Locations: Abu Dhabi, Saudi, China, OpenAI, Mexico, India, ByteDance

☆ Apple's latest coffee table book is aimed at music lovers and costs $450
▼ + stars: | 2024-11-12 | by ( Jordan Hart | ) www.businessinsider.com time to read: +3 min

Apple Music has released a $450 coffee table book of its top 100 albums list. AdvertisementApple has turned its top 100 albums list into a coffee table book, and it's selling a limited batch for $450 each. When Apple Music released its ranking of the best albums of all time in May, it sparked debate among music fans. According to the site, the estimated shipping date for the new Apple Music book is January. This department includes subscription-based services like Apple Music, and its sales have boomed in recent quarters.

Persons: Apple, Assouline, —, Zane Lowe, Lowe, Roger Federer, Barbie, Jony Organizations: Apple, Service, Apple Music, Assouline, Business, eBay, Apple's Services Locations: New York, California

☆ The best street-style outfits Taylor Swift has ever worn
▼ + stars: | 2024-11-12 | by ( Amanda Krause | ) www.businessinsider.com time to read: +1 min

Outside of music, Taylor Swift is widely known for her sparkling red-carpet outfits and stage looks. But she also has a strong street style, as seen during her New York City strolls over the years. Go to newsletter preferences Thanks for signing up! But there's also the matter of her concert outfits, red-carpet looks, and standout street style. Related Video 10 functional clothes and accessories for holiday giftingHere are the best ensembles she's worn while out and about over the years.

Persons: Taylor Swift, Swift, —, there's, Vivienne Westwood, Louboutin Organizations: New, Service Locations: New York City

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