GM said it would record about $6 billion in fourth-quarter charges tied to scaling back EV plans in the US. REBECCA COOK/Reuters GM says it will take a $6 billion hit tied to scaling back its EV strat...
Tim Fung is the founder and CEO of Airtasker, a gig work app based in Australia. Airtasker Gig work underwent major changes with the rise of automation and increased competition in 2025. Tim Fung, CEO...
The offers and details on this page may have updated or changed since the time of publication. See our article on Business Insider for current information. More money, more problems? High-net-worth fa...
Tesla CEO Elon Musk ODD ANDERSEN/AFP via Getty Images Elon Musk appears to be feeling the joy this holiday season. The Tesla CEO posted to X that he's making an edit to the company's "mission word...
Greg Abel will make $25 million in cash in his new role. Kevin Dietsch/Getty Images Berkshire Hathaway disclosed that Greg Abel will make $25 million in his new CEO role. Abel's pay is a significant i...
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...
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...
If you're seeking the absolute best of the best in PC gaming performance, look no further than Alienware's flagship Area-51 gaming PC equipped with a GeForce RTX 5090 graphics card. To kick off the ne...
Warren Buffett, the CEO of Berkshire Hathaway. Nati Harnik/AP Warren Buffett rocked the business world in 2025 by announcing he would step down as CEO. The Berkshire Hathaway boss penned two of his fa...
JPMorgan Chase : Bob Henry/UCG/Universal Images Group via Getty Images JPMorgan's asset and wealth management unit is dropping proxy advisors for shareholder voting in the US. In place of external hum...
Wix purchased its downtown Manhattan office space in December 2019 Wix.com Wix announced an office return for staff in Israel, Poland, and Lithuania, starting February 1. US employees will continue to...
California-based Grocery Outlet has opened more stores in the Eastern US over the past few years. Alex Bitter/BI Grocery Outlet is opening new stores, especially in the Eastern US. The chain touts its...
Warner Bros. Discovery CEO David Zaslav turned "HBO Max" into "Max. Now he's saying goodbye to the new name and hello to the old one. Kevin Dietsch/Getty Images Warner Bros. Discovery spur...
Ron Telemarque Ron Telemarque Ron Telemarque had 11 days to decide: accept severance or return to the office full time. He shared how he decided whether to stay at Paramount — and whether he reg...
Vasyl Dolmatov/Getty Images Bonus season at the nation's largest banks is starting today, led by Morgan Stanley. Year-end bonuses are expected to be big and rise across almost every business line. Her...
Jensen Huang, Jeff Bezos, and Mary Barra all started far from the top. Getty Images Many of the world's most powerful business leaders began their careers in more humble ways. From Jensen Huang workin...
Social Security tax rules will change in 2026. Getty Images; Tyler Le/BI Social Security tax rules will change in 2026 at the state and federal level. West Virginia will stop taxing Social Security be...
CD Projekt has sold its DRM-free PC storefront GOG to its original co-founder, MichaĆ KiciĆski, for 90.7 million Polish zĆoty (approx. $25.2 million). KiciĆski is also co-founder of CD Projekt itself,...
Elon Musk lost billions in wealth this year. He's almost got it all back. Kevin Dietsch/Getty Images Tesla released its latest quarterly sales figures — and they're worse than Wall Street expect...