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Treasury Secretary Scott Bessent says defense giants are 'failing the American people' by falling behind on orders

Treasury Secretary Scott Bessent (left) and Donald Trump. ANDREW CABALLERO-REYNOLDS / AFP via Getty Images Treasury Secretary Scott Bessent took aim at US defense contractors on Tuesday. He said they'...

1dBusiness InsiderPoliticsImpact

Amazon is not happy with Saks

Amazon is putting up a fight over Saks Global's bankruptcy financing plan. Scott Olson/Getty Images; Matthias Balk/picture alliance via Getty Images Amazon is pushing back against Saks Global's bankru...

6dBusiness InsidereconomicsImpact

China-focused hedge funds surged in 2025. Here's who won big.

Chinese leader Xi Jinping and his ruling party have pushed to stimulate China's economy. Xie Huanchi/Xinhua via Getty Images Hedge funds betting big on China generated strong returns last year. Manage...

3dBusiness InsidereconomicsImpact

Ex-Assassin's Creed Boss Suing Ubisoft for CAD $1.3 Million, Alleges His 'Disguised Dismissal' Was to Avoid Severance Pay

Ex-Assassin's Creed boss Marc-Alexis Côté is suing Ubisoft for CAD $1.3 million in lost severance pay and damages following his shock exit from the company last year. Radio Canada broke word of the la...

2dIGNeconomicsImpact

Ryanair just escalated its feud with Elon Musk to new heights

Ryanair CEO Michael O'Leary at Wednesday's press conference. Brian Lawless/PA Images via Getty Images Ryanair is escalating its feud with Elon Musk by hand-delivering an airline ticket. CEO Michael O'...

20hBusiness Insidereconomics

Palmer Luckey says Meta's VR layoffs aren't a 'disaster' — and fix a problem critics aren't talking about

Palmer Luckey says Meta's VR layoffs cut bloated in-house game studios that were quietly undermining the industry's ecosystem. David Fitzgerald/Sportsfile via Getty Images Oculus founder Palmer Luckey...

2dBusiness InsiderTechnologyImpact

Grindr's internal product road map shows it wants to sell you more products — $120 million-worth

An internal product strategy document outlined Grindr's plans to expand its direct-to-consumer businesses. Spencer Platt/Getty Images Grindr aims to establish four successful direct-to-consumer busine...

Jan 14Business InsiderTechnologyImpact

Tesla's EV market share soars in the US as rivals struggle without government help

The cab to a Ford all-electric F-150 Lightning truck prototype is seen on an automated guided vehicle (AGV) at the Rouge Electric Vehicle Center in Dearborn, Michigan back in 2021. Rebecca Cook/REUTER...

Jan 13Business InsidereconomicsImpact

Bumble's chief product officer is out. Read CEO Whitney Wolfe Herd's memo about the 'need to sharpen our focus'

Bumble is restructuring to centralize its product, engineering, and design under one leader. As a result, chief product officer Michael Affronti has left the company after holding the role for a year....

14hBusiness InsiderTechnologyImpact

Disney's sluggish stock threatens to dent CEO Bob Iger's legacy

Disney's stock is casting a shadow over CEO Bob Iger. Variety/Getty Images; Getty Images; Tyler Le/BI A sluggish Disney stock threatens to dent CEO Bob Iger's legacy. The stock is far below its all-ti...

6dBusiness InsidereconomicsImpact

Citadel CEO Ken Griffin says Trump's tariffs have landed the US in a 'pretty unfortunate position'

Ken Griffin, CEO of Citadel. Fabrice COFFRINI / AFP via Getty Images Ken Griffin, CEO of Citadel, gave his two cents on Trump's key economic policies. Tariffs have led to higher inflation and disrupte...

16hBusiness InsiderPoliticsImpact

BlackRock is now $14 trillion after a record-breaking year. The firm has an ambitious fundraising plan for 2026.

BlackRock CEO Larry Fink has gone all in on private markets Ben Whitley/PA Images via Getty Images BlackRock hit $14 trillion in assets after bringing in close to $700 billion in net inflows in 2025. ...

6dBusiness Insidereconomics

Walmart's head of AI reveals the key difference between its shopping deals with Google Gemini and ChatGPT

AI chatbots are increasingly able to buy things on users' behalf, a concept known as agentic commerce. Philip Dulian/picture alliance via Getty Images OpenAI broke new ground when it enabled shopping ...

Jan 14Business InsiderTechnology

Fortune 100 companies are back in the office — but 'work from home dark matter' is thriving under the radar

Georg Loewen (left) and Leslie Snipes (right) Georg Loewen (left), Leslie Snipes (right) Most Fortune 100 employees are under a return-to-office mandate. However, hybrid and off-the-record remote work...

3dBusiness InsidereconomicsImpact

A fallen billionaire's bulletproof Mercedes sold at bankruptcy auction for $63,000. Here's how it went down.

Joe Buglewicz for BI Business Insider took a deep-dive look at the bankruptcy auction of an armor-plated Mercedes. The auction was entirely online, and people placed 115 bids without kicking the tires...

4dBusiness InsidereconomicsImpact

Vinod Khosla is looking at this metric to gauge if we're in an AI bubble

Vinod Khosla says stock prices aren't the way to evaluate AI bubbles. Mert Alper Dervis/Anadolu via Getty Images Vinod Khosla said he measures AI industry health by API calls, not stock prices or Wall...

2dBusiness InsiderTechnologyImpact

Netflix CEO Ted Sarandos tries to solve his movie problem

Netflix co-CEO Ted Sarandos has spent years people should be able to see big movies at home, without going to theaters. Now he's changing his tune. Rich Polk/2026GG/Penske Media via Getty Images Netfl...

5dBusiness InsiderEntertainmentImpact

The world's 10 richest people in 2016 had a combined net worth of under $600 billion — less than Elon Musk is worth today

Alphabet cofounders Sergey Brin (left) and Larry Page (middle), and Amazon founder Jeff Bezos. Lionel Hahn/Getty Images/Elijah Nouvelage/Remo Casilli/REUTERS The world's richest people have seen their...

5dBusiness InsidereconomicsImpact

America's homebuilding is powered by immigrant workers. Here are the places that rely on them the most.

The cities building the most homes rely more heavily on immigrant labor. Allen J. Schaben / Los Angeles Times The cities that build and remodel the most homes rely the most heavily on immigrant worker...

4dBusiness Insiderreal_estateImpact

Apple is losing its grip on the world's tech supply chain

Google CEO Sundar Pichai (right) and Apple CEO Tim Cook (left). Anna Moneymaker—Getty Images/Reuters Apple enjoyed a long run at the top of the tech supply chain. Now, this prized position is be...

5dBusiness InsiderTechnologyImpact
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