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...
Arthur Johnson, a North Carolina high school teacher, attended an institute on democracy and capitalism amid Americans' declining views on capitalism over time. Jesse Barber for BI Pop quiz: The airli...
Getty Images; Angle Bush; Moonvalley; Rebecca Zisser/BI Since OpenAI launched ChatGPT in November 2022, the AI sector has undergone a significant transformation. Model capabilities have advanced, agen...
Amazon settled with the FTC for $2.5 billion following an investigation by Business Insider. Leon Neal/Getty Images Amazon settled with the FTC for $2.5 billion last year over claims it mis-sold Prime...
Jeff Bezos has reportedly purchased a waterfront mansion in Indian Creek, an artificial barrier island in Miami. Karwai Tang/WireImage via Getty Images; Jeffrey Greenberg/Universal Images Group via Ge...
Warren Buffett, the CEO of Berkshire Hathaway, is retiring at the end of this year. Kevin Dietsch/Getty Images R360's Barbara Goodstein says Berkshire Hathaway's coming shake-up is an opportunity for ...
Matt Mawson/Getty Images Big US banks will begin reporting fourth-quarter earnings Tuesday, starting with JPMorgan. Dealmaking rebounded in 2025, intensifying competition between firms for transaction...
The Amsterdam office of the Boston Consulting Group in 2011. ictor/Getty Images Boston Consulting Group is investing heavily in developing new AI-based tools. Consultants at BCG have built tens of tho...
Sridhar Ramaswamy cautions against all-or-nothing thinking when it comes to AI. Justin Sullivan/Getty Images Snowflake CEO says the biggest misconception about AI is all-or-nothing thinking about its ...
Nvidia CEO Jensen Huang said he is "perfectly fine" with California's proposed billionaire wealth tax. Patrick T. Fallon / AFP via Getty Images Nvidia CEO Jensen Huang said he is "perfectl...
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...
Over 400 student-loan borrowers shared their repayment and debt relief stories. sengchoy/Getty Images In one month, over 400 student-loan borrowers shared their repayment experiences with Business Ins...
Paramount Skydance CEO David Ellison hasn't given up in his pursuit of Warner Bros. Discovery. Angela Weiss/AFP via Getty Images Warner Bros. Discovery turned down another offer from Paramount Skydanc...
Miguel J. Rodriguez Carrillo / AFP Former SpaceX employees have launched startups with over $3 billion in venture funding. The SpaceX Mafia is backed by top venture firms like Andreessen Horowitz and ...
Toys R Us was one of the dominant toy retailers of the 1990s and early 2000s. Artur Widak/NurPhoto via Getty Images Toys R Us opened pop-up stores at some US malls this holiday season . The retailer h...
David Zaslav is chief of Warner Bros. Discovery, left, which just rejected Paramount Skydance CEO David Ellison's latest bid for Warners. JC Olivera/Variety via Getty Images; Patrick T. Fallon/AFP via...
ATG cofounders Dillon Erb and Daniel Kobran. Autonomous Technologies Group ATG cofounders Dillon Erb and Daniel Kobran raised $15 million to build an AI wealth strategist. Y Combinator CEO Garry Tan l...
Duolingo shuts down for two weeks every winter, and its CEO says the cost is worth it for real rest. Kevin Dietsch/Getty Images Duolingo gives its staff two weeks off over the holidays, allowing emplo...
Tim Cook sporting a custom pair of Nike Vomero Plus sneakers at an Apple store reopening in Tokyo earlier this year. Apple Tim Cook bought $3 million in Nike shares, nearly doubling his stake in the c...
Core Scientific was a crypto mining company before repurposing its business to focus on AI. Mustafa Hatipoglu/Anadolu via Getty Images A major investor in Core Scientific says the firm will lease 400 ...