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Welcome to the era of the megamanager

Middle managers are taking on more direct reports after the "Great Flattening." dowell/Getty Images The average number of reports for managers is increasing as the "Great Flattening" p...

Jan 14Business InsidereconomicsImpact

Lego and Pokémon released a $650 collab, and resellers are already vying to get a bite of the market

Lego Pokémon's Venusaur, Charizard, and Blastoise set. The Lego Group Lego released its first-ever Pokémon set this month. The presale allocation sold out quickly, and it's already a popular target fo...

3dBusiness Insiderlifestyle

I thought I needed to hit a magic number to retire comfortably. Getting laid off at 58 changed my thinking.

The author was laid off at age 58. Courtesy of the author Getting laid off at 58 forced me to confront what retiring comfortably really means. Chasing a "magic number" for retirement kept me w...

2dBusiness InsidereconomicsImpact

Veteran investor Jeremy Grantham says AI is 'obviously a bubble' — and it could tank the stock market when it bursts

Legendary investor and co-founder of Grantham, Mayo & van Otterloo, Jeremy Grantham Fairfax Media/Getty Images; Jenny Chang-Rodriguez/BI Jeremy Grantham warned that AI is a historic bubble that's like...

2dBusiness InsidereconomicsImpact

EU's 'anti-coercion' trade tool is back on the table as a response to Trump's tariff threats over Greenland. Follow live

Germany has vowed a "united" response from Europe after Donald Trump threatened tariffs on nations that oppose him over Greenland. NATO's Mark Rutte is set for talks with Danish and Greenland official...

3dDeutsche WellePoliticsImpact

Business leaders react to Trump's Davos speech

US President Donald Trump delivers a speech during the World Economic Forum annual meeting in Davos Fabrice COFFRINI / AFP via Getty Images President Donald Trump gave his 70-minute-long speech in Dav...

1dBusiness InsiderPoliticsImpact

I raised $500,000 at 21 by selling a share of my future earnings. It's how I solved having great ideas but no capital.

Kirill Avery is the CEO and founder of Alien. Courtesy of Kirill Avery Kirill Avery sold a percentage of his future earnings to fund startups like Alien and Human. He used a SAFE agreement to raise $5...

Jan 14Business InsidereconomicsImpact

David Sacks calls California wealth tax 'an asset seizure,' says it's 'not a one-time, it's a first time'

AI czar David Sacks Alex Brandon/AP White House AI czar David Sacks criticized the possibility of a California wealth tax. If the tax is ultimately approved, he said it will be "the beginning of s...

1dBusiness InsiderPoliticsImpact

We're siblings who built a 6-figure Turo business in under 2 years. We started with just our mom's car — here's how we scaled up.

Mike and Darlene Person. Courtesy of JDM Whipz Siblings Michael Rumph and Darlene Person built JDM Whipz, a profitable Turo car rental fleet. JDM Whipz grew to 13 vehicles in Atlanta by reinvesting pr...

11hBusiness InsiderlifestyleImpact

Warren Buffett said he would have spent $100 billion without blinking — and cash is like 'oxygen' but 'not a good asset'

Warren Buffett is the CEO of Berkshire Hathaway. Nati Harnik/AP Warren Buffett didn't like Berkshire having so much cash and would have happily spent $100 billion. He compared cash to "oxygen"...

Jan 14Business InsidereconomicsImpact

Point72 sells off stakes of fintech startups to Goldman Sachs and others

Steve Cohen is the owner of the New York Mets. Joe Raedle/Getty Images A new continuation vehicle has acquired stakes in Point72's fintech startups, a press release states. The new fund raised $280 mi...

Jan 14Business InsidereconomicsImpact

I made over $30,000 from my side hustles this year. The extra money is great, but I felt like I never stopped working.

The author has a corporate job but also freelances as a writer and teaches mahjong. Courtesy of the author Freelance writing for various media outlets and teaching mahjong helped me generate over $30,...

Jan 15Business InsiderlifestyleImpact

The dangerous triumph of neo-mercantilism

Liberal trade policies are giving way to frictions that could lead to outright conflict...

3dFinancial TimesPolitics

David Ellison shakes up Paramount's data and insights team as his tech vision comes into focus

David Ellison's Paramount Skydance is putting data and insights front and center. Patrick T. Fallon/AFP via Getty Images David Ellison is making data a key pillar of Paramount Skydance. Paramount is b...

2hBusiness InsiderTechnologyImpact

How ICE chaos and a boycott plan are turning Minnesota retailers into community spaces

Community donations at Smitten Kitten (left and right), and BabyBel Mozzarella the cat (middle), are supporting Minnesotans. Mikayla Stanek (Smitten Kitten); Vanessa Beardsley (Catzen) January is typi...

1hBusiness InsidersocietyImpact

Execs at Davos say AI's biggest problem isn't hype — it's security

AI cybersecurity is a top concern for some execs right now. Donato Fasano/Getty Images Business leaders at the World Economic Forum highlight AI security as a top concern. Executives like Raj Sharma a...

2dBusiness InsiderTechnologyImpact

Wall Streeters reveal their favorite AI tools and what they use them for

ANGELA WEISS / AFP via Getty Images Wall Street professionals say AI chatbots are not ready to replace core finance work. Finance leaders use AI for tasks such as summarizing books and presentations a...

11hBusiness InsiderTechnologyImpact

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...

6dBusiness InsidereconomicsImpact

A Las Vegas strip club says it's gotten a surge of auditions from laid-off hospitality workers

Las Vegas saw a decline in visitors last year. Westend61/Getty Images Crazy Horse 3 in Vegas said it's seen a 55% increase in dancer auditions, including first-timers. Las Vegas tourism declined last ...

5dBusiness InsidereconomicsImpact

How tech titans prospered in the first year of Trump’s return to power

Silicon Valley bosses who lined up behind the US president for his inauguration have fared well under his administration...

2dFinancial TimesPoliticsImpact
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