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☆ Against investors' advice, Jason Goldberg launched a Web3 development startup in the middle of the crypto winter. Here's how he raised $3 million anyway.
▼ + stars: | 2022-10-20 | by ( April Joyner | ) www.businessinsider.com time to read: +3 min

Cofounder and CEO Jason Goldberg launched Airstack during the depths of the crypto crash. Jason Goldberg cofounded his Web3 development startup, Airstack, in May, just as crypto markets began to unravel. Airtable has raised $3 million in pre-seed funding from investors including Animal Ventures, Warburg Serres, Polygon, Genblock, Fenbushi, Resolute Ventures, WW Ventures, Tensai Capital, WestWave Ventures, Lecca Ventures, and Martin Crowley's Peoples Syndicate. Airstack's technology essentially creates application programming interfaces, or APIs, for Web3 applications. It improves upon existing infrastructure such as The Graph by allowing developers to access real-time data from several Web3 applications at a time, Goldberg said.

She will be succeeded by former Transport Secretary Grant Shapps, Downing Street confirmed roughly an hour after her announcement. Notably, Shapps did not back Prime Minister Liz Truss in this summer's leadership race and has criticized some of her policies. In a resignation letter posted to Twitter, Braverman said, "It is with the greatest regret that I am choosing to tender my resignation." In a letter to Braverman posted on the Downing Street website, Truss wrote: "I accept your resignation and respect the decision you have made. Braverman ran against Truss for the Conservative leadership race this summer but was knocked out in an early stage.

☆ Battery startup salaries revealed: How much Redwood, QuantumScape, and more pay the engineers they're desperate to hire
▼ + stars: | 2022-10-19 | by ( Alexa St. John | Alex Nicoll | ) www.businessinsider.com time to read: +3 min

The EV battery space will need to fill 10 million jobs globally by 2030. Firms like Redwood Materials, QuantumScape, and more, are searching for hundreds of workers. Battery companies are desperate for talent to meet the demand they're seeing from electric vehicle automakers — and some are paying big bucks to attract workers. Battery companies are racing to get critical materials like lithium and nickel. This need means that firms innovating all aspects of the battery value chain — including battery chemistry, materials, battery health, repurposing and more — are competing with one another to fill what the World Economic Forum expects will be 10 million jobs globally by 2030.

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☆ The EU wants to limit spiking gas prices after 'excessive' moves this summer
▼ + stars: | 2022-10-18 | by ( Silvia Amaro | ) www.cnbc.com time to read: +3 min

The EU is working on new measures to mitigate gas prices. The European Commission, the executive arm of the EU, proposed Tuesday setting a limit on daily gas trading levels. European natural gas prices were trading around 120 euros per megawatt hour Tuesday. A second EU official also told reporters that the commission wants to do "something meaningful, but not harmful" to the market. The EU used to import about 40% of its natural gas from Russia; that number is now at around 7%.

☆ A private jet company has hired 100 pilots and 150 mechanics this year despite a labor shortage, but its CEO says he has to pay them up to 30% more than before the pandemic
▼ + stars: | 2022-10-17 | by ( Stephen Jones | ) www.businessinsider.com time to read: +3 min

A private jet firm has hired 100 pilots and 150 technicians this year, despite a labor shortage. However, its CEO told Insider he now has to pay them 20-30% more than he did pre-pandemic. Market competition is driving labor costs up, flyExclusive's CEO Jim Segrave told Insider. "We've hired 150 technicians in just the last four months, and we've hired 100 pilots in 2022 already," Segrave told Insider in a phone interview. "We can hire all the pilots we want to hire, but then we got to train those pilots," Segrave told Insider.

To replace him, she appointed Jeremy Hunt, a former foreign and health secretary who had backed her rival Rishi Sunak in this summer's race to become Conservative Party leader. He is the fourth finance minister in as many months in Britain, where millions are facing a cost of living crisis. Kwarteng becomes Britain's shortest serving finance minister except for a predecessor who died suddenly in office in 1970. Christopher Chope, a veteran Conservative lawmaker and Truss supporter, said the party was now a laughing stock. "The markets have lost trust in the Conservative Party - and who can blame them?"

☆ Europe's top airport braces for potential 'busiest period' in more than 2 years, just months after summer's travel chaos
▼ + stars: | 2022-10-12 | by ( Stephen Jones | ) www.businessinsider.com time to read: +2 min

Heathrow is bracing for what could be its busiest period in more than two years this winter. The airport is consulting with airlines about managing demand during peak travel times. London's Heathrow airport was the scene of mass delays, flight cancellations, and long queues this summer. Like many other travel hubs globally it battled with labor shortages at a time when demand for travel peaked. A "seat factor cap" that limits capacity on the busiest travel days is one of the options being considered, The Telegraph reported on Tuesday.

When you buy through our links, Insider may earn an affiliate commission. The Prime Early Access Sale is here through October 12, where you can save on all kinds of fall fashion items. Just like this past summer's Prime Day, this sale features steep discounts on style staples like cozy sweatshirts, faux leather pants, and trendy blazers. Ahead of winter weather and holiday gifting, the Prime Early Access Sale is a great time to prepare for the holiday season as well. You can find live coverage of the best deals from Amazon's October Prime Day sale here.

☆ Morningstar: Stocks have rarely been this cheap, and these 33 undervalued names are the top picks heading into the fourth quarter of 2022
▼ + stars: | 2022-10-11 | by ( Lisa Kailai Han | ) www.businessinsider.com time to read: +2 min

The firm shared its top 33 most undervalued stock picks going into the fourth quarter of 2022. But that doesn't mean that there's no gains to be made, said Dave Sekera, the chief US market strategist at Morningstar. "On a longer historical time frame, there have only been a few other instances when our price versus fair value metric had dropped to similar levels." On the other hand, the defensive sectors are trading relatively close to Morningstar's fair value estimates, while utilities stocks seem to skew rich versus their fair values. In note from October 4, Morningstar analysts listed their top 33 most undervalued stocks heading into the fourth quarter of the year.

Amazon's Prime Early Access Sale comes at the perfect time to save on fall styles. Keep an eye on our 24/7 coverage for more ways to save during the Prime Early Access Sale. Much like this past summer's Prime Day, the Prime Early Access Sale features steep discounts on style staples like winter jackets, cozy sweaters, and blazers fit for inside and outside of the office. Ahead of winter weather and holiday gifting, the Prime Early Access Sale is a great time to prepare for the holiday season as well. Learn more about the Prime Early Access Sale here, and shop some of the best fashion deals below.

☆ Automakers' need for EV tech has flipped a long-standing power dynamic — and these 18 battery outfits are reaping the benefits
▼ + stars: | 2022-10-05 | by ( Alexa St. John | ) www.businessinsider.com time to read: +2 min

The battery business is booming amid massive electric-vehicle plans across the auto industry. Car companies need more battery makers, chemistry firms, recyclers, and more. Once car companies started making their more-than $515 billion electrification plans, they began scrambling to secure battery technology and supplies. To start with, today's battery makers are struggling to churn out enough supply to power all those promised EVs. Because automakers new to the EV business lack the in-house expertise to make and manage their own batteries, talent is in short supply, too.

☆ Insiders say morale 'sucks' at electric-vehicle startups like Rivian and Lucid — and it could be a death blow for struggling Tesla wannabes
▼ + stars: | 2022-10-01 | by ( Alexa St. John | ) www.businessinsider.com time to read: +8 min

As EV startups face a storm of troubles, many employees say they're losing faith in the mission. "They kept saying, 'Tesla, Tesla, the next Tesla,'" a now former supervisor at the electric-vehicle startup said. Canoo has lost several key leaders, as have Xos, Lucid, and others. Some current and former startup workers said they had a continued appetite for industry opportunities. Are you a current or former EV startup employee?

☆ Summer's over, but the European travel season isn't
▼ + stars: | 2022-09-29 | by ( Leslie Josephs | ) www.cnbc.com time to read: +1 min

This photograph taken on August 7, 2018, shows an American Airlines Airbus A330-243 aircraft on the tarmac at Roissy-Charles de Gaulle Airport, north of Paris. It's a welcome shift for airlines as they seek to drum up revenue after travel restrictions and concerns about Covid-19 sapped demand for many European trips in 2020 and 2021. Lucrative business travel segments have been slower to return than leisure, making these trips all the more crucial. "I think there's no question that people's appetite for going to Europe has gotten longer," said Kyle Potter, executive editor of Thrifty Traveler, a travel and flight deal website. Plus, a strong U.S. dollar is making fall trips to Europe more attractive, driving down costs of everything from shopping in Milan to high-end dining in Paris or London for many U.S. travelers.

The annual energy price increase in Germany in August on average was 139%, latest producer price data showed this week. In a BDI survey of 593 businesses, more than a third said their existence was threatened by higher energy prices, up from 23% in February. Industry group VKU has also joined the chorus of concern, warning that local utilities faced insolvency due to high energy prices and possible defaults from their customers. read moreThe head of the German Chemicals Industry Association VCI on Tuesday said rising energy prices were a "huge alarm call" for Germany as a place to do business. He welcomed Buschmann's initiative to relax insolvency rules but added that suspending them outright again would be a "serious mistake".

☆ Flying over the holidays won't be as terrible as this summer — but you should still prepare for long lines and delays. Here's how to avoid headaches.
▼ + stars: | 2022-09-20 | by ( Hannah Towey | ) www.businessinsider.com time to read: +5 min

The number of travelers flying this holiday season is expected to meet, if not surpass, 2019 levels. But flying over Thanksgiving and Christmas will likely be less chaotic than this summer, experts say. The number of travelers flying during the winter holidays is expected to meet — if not surpass — pre-pandemic levels, according to search data from Expedia. To avoid being overcharged, he recommends booking your Thanksgiving flights by Halloween and your Christmas flights by Thanksgiving — at the latest. Since Thanksgiving always falls on a Thursday every year, the busiest travel days are typically the Wednesday before and the Sunday after.

☆ Judge OKs NY weapons ban in Times Square and other 'sensitive' places — but calls the underlying law 'doomed'
▼ + stars: | 2022-09-01 | by ( Laura Italiano | ) www.businessinsider.com time to read: +7 min

A judge let New York ban guns in 'sensitive' locations, but called the underlying law legally 'doomed.' Gun lobbies are fighting the NY law, enacted after a June Supreme Court decision expanded gun rights. The law bans guns in "sensitive" places like Times Square, parks, theaters, and houses of worship, and re-tightens concealed carry permit restrictions that had been loosened by the Supreme Court in June. But in the Bruen case, the Supreme Court found any such limits on the right to "bear arms" unconstitutional. Both gun lobby groups promised to continue to fight the New York law.

"Salman will likely lose one eye; the nerves in his arm were severed; and his liver was stabbed and damaged." Stunned attendees helped wrest the man from Rushdie, who had fallen to the floor. The Iranian government said in 1998 it would no longer back the fatwa, and Rushdie has lived relatively openly in recent years. 1/25 A general view shows UPMC Hamot Surgery Center, where novelist Salman Rushdie is receiving treatment after the attack, in Erie, Pennsylvania, U.S., August 12, 2022. "I felt like we needed to have more protection there because Salman Rushdie is not a usual writer," said Anour Rahmani, an Algerian writer and human rights activist who was in the audience.

☆ Travel insurance probably won't save you during this summer's airline chaos. Here's when it's worth buying trip protection — and when it's not.
▼ + stars: | 2022-08-09 | by ( Hannah Towey | ) www.businessinsider.com time to read: +4 min

Here's when it is worth it to purchase travel insurance for your flight this summer. For example, a typical travel insurance policy cover cancellations due to mechanical issues, but not those caused by staffing shortages. "When there's a lot of money at stake, it makes more sense to perhaps invest in travel insurance." Another reason to buy travel insurance for international trips is to ensure medical coverage when you're abroad. If your kid gets sick and it's not COVID, your travel insurance probably isn't going to cover that," Balber said.

☆ How to adapt Jane Austen -- and why it's so hard to get right
▼ + stars: | 2022-08-07 | by ( Scottie Andrew | ) edition.cnn.com time to read: +10 min

Over the years, Austen adaptations have made millions, been nominated for more than a dozen Oscars and several Emmys, and convinced viewers the world over that Mr. Darcy is the gold standard of suitors. Pride vs. Miss Prejudice," two of several Austen adaptations starring Asian protagonists. "Austen is a way for today's readers to both romanticize about soul mates and also sustain their self-respect," said Brodey, who's published several papers on Austen. What the best Austen adaptations get rightA strong Austen adaptation doesn't need to parrot the original text or even take place in late 18th-century England. The Austenites CNN interviewed agreed -- for an Austen adaptation to succeed, it needs to maintain the spirit of her work, especially her incisive depth and incomparable wit.

High-profile hiring freezes in the tech industry raised alarms about the health of the job market. But career counselors at universities nationwide insist grads are still getting hired. For many new college grads, the summer's hazy afterglow of no more studying, exams, or group projects is counterbalanced with the pressure of the all-important job search. Insider interviewed a dozen college career counselors and undergraduate professors to get their takes on how the job market is holding up for recent grads. And amid volatility in the stock market, industry experts have predicted that layoffs are likely for some investment bankers.

☆ Hulu will lose top NBC shows like 'SNL' and 'The Voice' in September, one of the key challenges ahead for streamer chief Joe Earley, according to insiders
▼ + stars: | 2022-03-10 | by ( Natalie Jarvey | Claire Atkinson | ) www.businessinsider.com time to read: +7 min

Disney executive Joe Earley was named president of Hulu in January. "This is the best outcome for them," said a former Hulu executive, noting that Earley's "superpower" is navigating the type of complicated internal conflicts that have plagued the streamer's leaders. Under Earley, Hulu will have "an advocate," the former executive said. Many in Hollywood believe Disney hasn't taken Hulu international because it doesn't want to further boost the platform's overall valuation. It will also be Earley's job to redefine the Hulu brand once it becomes 100% owned by Disney.

☆ Tom Carper's love of Amtrak doesn't take a back seat to Joe Biden's
▼ + stars: | 2021-06-06 | by ( Nicole Gaudiano | ) www.businessinsider.com time to read: +14 min

His committee oversees surface transportation, and he loves trains, just like "Amtrak Joe." "Then they named it after Joe Biden, and my staff was so ticked off. Sen. Thomas Carper and then-Vice President Joe Biden speak at the former GM Boxwood Plant in October 2009 in Wilmington, Delaware. Tom Carper and Chris Coons speak to reporters after meeting with President Joe Biden at the White House in February, 2021. As he left, "Tell Joe Biden we love him," the ticket counter attendant said.

☆ 23 Black leaders who are shaping history today
▼ + stars: | 2021-02-01 | by ( Courtney Connley | ) www.cnbc.com time to read: +39 min

Following the lead of trailblazers throughout American history, today's Black history-makers are shaping not only today but tomorrow. —Cory StiegRosalind Brewer, 58, Walgreens' next CEO and only Black woman to currently lead a Fortune 500 firmWalgreens' next CEO Rosalind Brewer. When she steps into this new role, she will be the only Black woman currently leading a Fortune 500 firm, and just the third Black woman in history to serve as a Fortune 500 CEO. "When you're a Black woman, you get mistaken a lot," she said during a 2018 speech at her alma mater, Spelman College. —Tom Huddleston Jr.Jason Wright, 38, first Black president of a National Football League teamWashington Football Team president Jason Wright.

Persons: Shirley Chisholm, John Lewis, Maya Angelou, Mary Ellen Pleasant, Kamala Harris, Gene Kim, Harris, Shyamala Gopalan Harris, Shyamala, —, — Cory Stieg Rosalind Brewer, Rosalind Brewer, Ursula Burns, Mary Winston, Brewer, Kimberly, Clark, she's, — Courtney Connley, Kizzmekia, Corbett, Kizzmekia Corbett, Anthony Fauci, Fauci, Dr, — Cory Stieg Victor J, Glover , Jr, Victor Glover, Amanda Gorman, Joe Biden, Gorman, Abraham Lincoln, Martin Luther King Jr, Lady Jill Biden, Robert Frost, Oprah, Angelou, — Jennifer Liu, Amanda Gorman's, Raphael Warnock, Georgia's, Kelly Loeffler, Warnock, Ebenezer Baptist Church —, — Abigail Johnson Hess Rashida Jones, Rashida Jones, Jones, Kristen Welker, Carole Simpson, Nicolle Wallace's, Dorothy Tucker, Brown, — Taylor Locke Sandra Lindsay, Sandra Lindsay, Lindsay, She's, I'm, Jade Scipioni Nicholas Johnson, Princeton's, Nicholas Johnson, Princeton University's, Johnson, William Massey, — Abigail Johnson Hess Cynthia, Cynt, Marshall, Cynthia Marshall, Cynt Marshall, George Floyd, Marshall —, Mark Cuban, Scipioni, Cynthia Marshall's, Dallas Mavericks Cori Bush, Missouri's, Missouri, Cori Bush, Michael Brown, Ferguson, William Lacy Clay Jr, Bush, Essence.com, I've, he's, Louis, Clay, — Jennifer Liu Alicia Boler Davis, Amazon's, Jeff Bezos Alicia Boler Davis, Alicia Boler Davis, Boler Davis, Jeff Bezos, alums, Jennifer Liu, Noah Harris, Harvard Noah Harris, Harvard's, It's, we've, Fentrice Driskell, Du Bois, — Abigail Johnson Hess, Harvard Mellody Hobson, Mellody Hobson, Ariel Investments, Hobson, — Courtney Connley Sydney Barber, Sydney Barber, Barber, Ms, Janie Mines, wasn't, Mines, Jesse Collins, Collins, Indiewire, " Collins, Jennifer Liu Nia DaCosta, Nia DaCosta, Marvel, DaCosta, Nora Ephron, Jordan Peele, Peele, — Tom Huddleston Jr, Aicha Evans, Zoox, Evans, Jason Wright, Wright, He's, Dan Snyder, — Emmie Martin Dana Canedy, Dana Canedy, Simon, Simon & Schuster, Dana Canedy's, Canedy, Denzel Washington, Alicia Adamczyk, Schuster Bozoma Saint John, Saint John, Beyonce, Kanye West, Nicki Minaj, Michael Jackson, — Courtney Connley Cheick Camara, Ermias Tadesse, Cornell University's, Cheick Camara, Ermias Organizations: CNBC, White, South, Latina, Howard University, Alpha Kappa Alpha Sorority, Inc, Democrat, United States Senate, U.S, Walgreens, Fortune, Starbucks, Walgreens Boots Alliance, Xerox, Bed, Sam's, Walmart, Nonwovens, Spelman College, Moderna, National Institute of Allergy, National Urban League, FDA, Vaccine Research, University of North, Space Station, NASA, Capitol, LA, Poet, Harvard, Georgia, Black, Morehouse College cum, Ebenezer Baptist Church, United, MSNBC, University of Missouri's School of Journalism, NBC, ABC News, National Association of Black Journalists, Jewish Medical Center, Northwell, Long, Pfizer, Pew Research Center, Princeton, Massachusetts Institute of Technology, NBA Dallas Mavericks, Dallas Mavericks, NBA, Mavericks, Congress, Senate, Democratic, Green New Deal, General Motors Institute, GM, Amazon, Employees, Amazon's, Ariel Investments, Ariel, Financial Planning's Diversity, Princeton University, JPMorgan, Lucas Family Foundation, Hobson College, Naval, U.S . Naval Academy, U.S . Naval, Naval Academy, Academy, Super, Super Bowl, Jesse Collins Entertainment, ViacomCBS Cable Networks, BET, CMT, Comedy Central, MTV, Paramount Network, VH1, Marvel, Marvel Studios, Marvel Universe, Tribeca, Wall Street, George Washington University, Intel, Financial, Automotive News, National Football League, Washington Football, Washington Football Team, National Football, NFL, Atlanta Falcons, Cleveland Browns, Arizona Cardinals, University of Chicago, McKinsey & Company, Washington, Morning, Simon &, New York Times, Jordan, Crown Publishers, New Yorker, Netflix, Saint, Longtime, Endeavor, Uber, Apple, PepsiCo, BlackGen Capital, Cornell, BlackGen Locations: United States, Oakland , California, India, America, White, California, University of North Carolina, Chapel, Los Angeles, Georgia's, Savannah , Georgia, Ebenezer, Long, New York, Queens , New York, Jamaica, Princeton, Montreal, Canada, Spring, Missouri, Louis, St, Detroit, Hattiesburg , Mississippi, Florida, Chicago, U.S, Lake Forest , Illinois, Sydney, mull, Senegal, Zoox, Charlottesville , VA

☆ The pros and cons of going to graduate school right now, according to academic and business experts
▼ + stars: | 2020-07-09 | by ( Robin Madell | ) www.businessinsider.com time to read: +13 min

Due to the current job market, many recent college graduates are considering going back to school. Could now be a smart time to put your job search on ice and shift gears to graduate school? The prosYou avoid entering a limited job market and possibly stunting your compensationPatrick Mullane, executive director of Harvard Business School Online, explained one benefit of going to graduate school while the economy isn't robust. J. Celeste Walley-Jean, dean at Clayton State University's School of Graduate Studies & Inclusive Engagement, noted that another indicator that the timing may be right to attend graduate school is cost. "If you just graduated and can't find a job, grad school might seem like a great way to ride out the recession.

☆ Goop is now peddling a vagina-scented candle for $75, and it sold out within hours
▼ + stars: | 2020-01-10 | by ( Quispe López | ) www.businessinsider.com time to read: +2 min

According to the Goop website, the candle started as a joke between Paltrow and professional perfumer Douglas Little and has notes of geranium, citrusy bergamot, and cedar. The website says the candle is perfect for putting "fantasy, seduction, and a sophisticated warmth" into the atmosphere. Even the vagina-esque promotional poster stirred up confusion amoung Twitter users. And Twitter users weren't thrilled about the concept that there even is a universal vagina scent. "This Smells Like My Vagina" reportedly sold out within hours.

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