Jim Beam Halts Main Distillery Production for a Year Amid Tariffs
📋 Key Facts ✓ Bourbon maker Jim Beam halts production at its main distillery for a year ✓ US distillers face uncertainty after Presiden...
Dec 22BBC NewsPoliticsImpact
📋 Key Facts ✓ Bourbon maker Jim Beam halts production at its main distillery for a year ✓ US distillers face uncertainty after Presiden...
Reid Hoffman, the cofounder of LinkedIn, thinks AI will transform, not eliminate, jobs. Dominik Bindl/Getty Images Reid Hoffman, a prominent Democratic donor, is against California's proposed billiona...
Lou Gerstner, the former CEO of IBM, has died at 83. James Leynse/Corbis via Getty Images Lou Gerstner, who led IBM's turnaround in the 1990s, has died, the company told staff. He kept IBM intact and ...
Scribe cofounder and CEO Jennifer Smith. Scribe AI startup Scribe raised $75 million and achieved unicorn status. Scribe helps businesses standardize workflows and implement AI. Here's the pitch deck ...
📋 Key Facts ✓ Tory Bruno has abruptly resigned as CEO of United Launch Alliance. ✓ He served in the role for 12 years. ...
Saks Global, the company behind some of the most iconic luxury department stores, is in trouble. Getty Images; Alyssa Powell/BI Saks Global, the company behind some of America's most iconic department...
📋 Key Facts ✓ Deloitte's eight-week review, completed in May, identified fragmented Microsoft 365 tools at Whole Foods causing inefficiencies with Amazon. ...
AMD CEO Lisa Su says AI will soon need "10 yottaflops" of compute — a scale of computing power the world has never built before. Caroline Brehman / AFP via Getty Images AI will soon need...
Trump said the US could reimburse American oil companies for expanding operations in Venezuela. Doug Mills/The New York Times/Getty Images Trump said the US may reimburse oil firms for expanding opera...
Charles Myers, chairman of Signum Global Advisors, told Business Insider that foreign investment in oil, tourism, and construction will be the "centerpiece" of Venezuela's recovery over the co...
Sprinkles Cupcakes is closing, the bakery's founder said. Gado/Getty Images Sprinkles Cupcakes is closing, cofounder Candace Nelson said on Wednesday. Nelson sold Sprinkles to private-equity firm Karp...
A RAM (random access memory) chip, commonly used in PCs. HUIZENG HU/Getty Images As AI companies snap up memory chips , smartphone and PC makers face higher costs and tighter supply. IDC projected a 2...
Justin Howells, Target's group vice president for Pacific Northwest stores. Matt Hage/AP Content Services for Target Target is getting a new CEO in the New Year — one who started with the compan...
Kalshi's CEO said their rivalry with Polymarket encourages them to push products and marketing harder. Diarmuid Greene/Sportsfile for Web Summit via Getty Images Prediction market Kalshi is putting a ...
Smartphone prices are expected to increase in 2026 due to RAM shortage caused by AI boom. PixelsEffect/Getty Images Smartphone prices may rise in 2026 due to increased demand for RAM in AI data center...
Steven Bartlett is the founder and host of "The Diary of a CEO." Dominic Lipinski/Getty Images Entrepreneur Steven Bartlett said he learned a key lesson after hiring someone without experience...
A $400,000 lobster shipment was stolen en route to Costco stores in Illinois and Minnesota. LAUREN OWENS LAMBERT/REUTERS A $400,000 lobster shipment was stolen en route to Costco stores in Illinois an...
Brian Moynihan, Chairman and CEO of Bank of America Anna Moneymaker/Getty Images President Donald Trump's trade push is de-escalating after months of tariff turmoil, BofA CEO Brian Moynihan said. Tari...
Brands including Chili's, Starbucks, and Cracker Barrel have undergone revitalization efforts this year. Getty Images; Tyler Le/BI Many major restaurant chains have been undergoing revitalization and ...
You might want to jump on a PC upgrade sooner than later. Prices of prebuilts are expected to go up this year because of the inflated demand for DDR5 RAM and production cuts on Nvidia's graphics cards...