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61 million passenger trips at Hong Kong airport in 2025, up 15% year on year

Passenger trips at the Hong Kong International Airport reached 61 million in 2025, marking a 15 per cent year-on-year increase, after a full year of operation with the facility’s third runway. The Air...

Jan 15South China Morning Postworld_newsImpact

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

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...

13hBusiness InsiderlifestyleImpact

AI is turning Big Tech into a superstar economy

A star that may have ripped apart a planet, according to researchers REUTERS/NASA/Handout A version of this story originally appeared in the BI Tech Memo newsletter. Sign up for the weekly Tech Memo n...

5dBusiness InsiderTechnologyImpact

Gavin Newsom is heading to Davos with plans to call out Trump

California Gov. Gavin Newsom is headed to Davos. Justin Sullivan/Getty Images California Gov. Gavin Newsom plans to call out President Donald Trump at the World Economic Forum. Newsom has been a vocal...

6dBusiness InsiderPoliticsImpact

Palantir CEO Alex Karp says humanities jobs are doomed in the age of AI: 'Hopefully you have some other skill'

Alex Karp, CEO of Palantir, said vocational skills will be in high demand in the AI era. Fabrice COFFRINI / AFP via Getty Images Alex Karp, the CEO and cofounder of Palantir, doesn't have a technical ...

2dBusiness InsiderTechnologyImpact

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...

1dBusiness InsiderPoliticsImpact

'Big Short' investor Michael Burry sounds alarm on AI bubble that's 'too big to save'

Michael Burry Jim Spellman/WireImage Michael Burry says AI is a bubble so big that it will tank the market and economy when it pops. The "Big Short" investor said the government will try to he...

1dBusiness InsidereconomicsImpact

Elon Musk is a surprise addition to the Davos schedule

Elon Musk Nathan Howard/Reuters Elon Musk will be at Davos. Musk is now on the books for a 4:30 p.m. panel on Thursday. He'll be speaking alongside BlackRock CEO Larry Fink. Davos, things just got exc...

15hBusiness InsiderPoliticsImpact

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'...

2dBusiness InsiderPoliticsImpact

Asus now claims it’s not dropping the RTX 5070 Ti amid memory shortages

The GPU market is turning into a mess again. Asus told Hardware Unboxed earlier this week that it was winding down production of its RTX 5070 Ti, but the PC maker is now walking back that claim and bl...

6dThe VergeTechnologyImpact

YouTube is reaching a 'tipping point' in convincing advertisers it really is TV

Mr Beast and Rob Gronkowski attended YouTube's 2025 Brandcast event, where it pitched an audience of ad buyers in New York City. Michael Loccisano/Getty Images YouTube's pitch for TV advertising budge...

3dBusiness InsiderTechnology

Goldman Sachs breaks down what the doomsayers get wrong about the US economy in 8 charts

Arturo Holmes/Getty Images In 2026 outlook, Goldman Sachs says US economic and stock market risks are overstated. The firm underscored US strength and projects continued growth. US stocks are in good ...

Jan 14Business InsidereconomicsImpact

Will AI replace human jobs and make universal basic income necessary? Here's what AI leaders have said about UBI.

Universal basic income provides recurring cash payments, no strings attached. Wong Yu Liang AI advances could widen wealth gaps, which has prompted calls for a universal basic income . UBI offers recu...

3dBusiness InsiderTechnology

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...

4dBusiness InsidereconomicsImpact

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...

Jan 15Business InsidereconomicsImpact

Citi CFO says a credit card cap would have a 'deleterious' impact on the economy

Citi reported fourth-quarter earnings on Thursday. Mike Kemp/In Pictures via Getty Images Citi's CFO Mark Mason said Trump's proposed credit card cap would have a 'deleterious' impact on the economy. ...

Jan 14Business InsidereconomicsImpact

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

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

Divya Nettimi's Avala Global loses more staff despite a strong 2025

Avala Global was launched by Divya Nettimi in 2022. imagedepotpro/Getty Images Divya Nettimi's $2 billion Avala Global has lost more personnel, Business Insider has learned. The firm returned 22.1% la...

12hBusiness InsidereconomicsImpact
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