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Head of LA homeless nonprofit charged with pocketing millions, splurging on luxuries including a Hermès jacket and a trip to Vegas

Alexander Soofer, manager of an LA-based housing program, is being charged with wire fraud and pocketing $10 million in public funds. Carlos Barria/REUTERS Alexander Soofer, manager of an LA-based hou...

2dBusiness InsidercrimeImpact

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'...

5dBusiness InsiderPoliticsImpact

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...

Jan 18Business InsidereconomicsImpact

TikTok has quietly launched a new micro drama app called PineDrama as the category picks up steam in the US

PineDrama/Kiichiro Sato/AP. TikTok has rolled out a new micro drama app in the US and Brazil called PineDrama. The app's feed looks a lot like TikTok's, but just contains videos from mini drama series...

Jan 16Business InsiderTechnologyImpact

Young TikTokers are reframing bankruptcy as a financial hack. Experts say it's far more complicated.

More than 533,000 people filed for bankruptcy last year. Boy_Anupong/Getty Images Personal bankruptcy filings are on the rise in the US. Some young people have taken to TikTok, framing their bankruptc...

2dBusiness InsidereconomicsImpact

BTS 2026-2027 world tour: Full schedule and where to buy tickets

When you buy through our links, Business Insider may earn an affiliate commission. Learn more NDZ/Star Max/GC Images After nearly four years away from full‑group performances due to South Korea's mand...

5dBusiness InsiderEntertainment

I quit my job at Microsoft to be a more present mother. I'm not worried about finding a new job — I have a plan.

Kruthika Jayatheertha Kruthika Jayatheertha Kruthika Jayatheertha left her Microsoft job to take an extended career break after maternity leave. She believes being present during her child's early yea...

Jan 17Business InsiderlifestyleImpact

I took a career break to travel in my 40s, but even that exhausted me. I reparented myself — and finally learned to slow down.

Mandalia left his job in 2022 and spent 18 months traveling. Courtesy of Himal Mandalia Himal Mandalia took a six-month career break , which turned into 3 ½ years. He struggled to slow down during the...

Jan 15Business InsiderlifestyleImpact

Chipotle's new PAC signals a change in how the company engages in politics

Chipotle quietly filed FEC paperwork to form a political action committee. Illustration by Igor Golovniov/SOPA Images/LightRocket via Getty Images Chipotle has filed to form a PAC, allowing the compan...

4dBusiness InsiderPoliticsImpact

Ukraine burned nearly $100 million in missiles in a single night battling a Russian barrage, Zelenskyy says

Ukrainian forces shoot down a Russian missile over Kyiv on Tuesday. Gleb Garanich/REUTERS Ukraine fired nearly $100 million worth of missiles in a single night defending against Russian strikes. The f...

5dBusiness InsiderPoliticsImpact

US wins against Russian and Chinese air defenses in other countries risk teaching the wrong lessons

Stealth fighters and supersonic bombers were among the aircraft involved in the mission. US Air Force Photo The US assault on Venezuela saw forces overwhelm Russian- and Chinese-made air defenses. Ope...

1dBusiness InsiderPoliticsImpact

I founded a wellness startup after leaving McKinsey. Hustle culture is a liability, not an asset.

Cesar Carvalho worked at McKinsey from 2010 to 2012. Pascal Perich/© Pascal Perich Cesar Carvalho left a consulting job at McKinsey to launch Wellhub, a wellness startup. 14 years later, Wellhub is ch...

Jan 18Business InsiderTechnologyImpact

Only 48 songs have stayed at No. 1 on the chart for 10 weeks or more — here they all are

Lil Nas X, Olivia Newton-John, Mariah Carey, and Shaboozey. Emma McIntyre/Getty Images for The Recording Academy; Erik Hein/American Broadcasting Companies via Getty Images; Kevin Winter/Getty Images;...

Jan 13Business InsiderEntertainmentImpact

New Avengers: Doomsday Trailer Officially Released, Shows Shuri as Black Panther, M'Baku, Namor, and The Thing From The Fantastic Four

Marvel Studios has officially released the fourth teaser trailer for Avengers: Doomsday after it leaked online last week. The trailer, below, shows off the returning Wakandans. We see Shuri as Black P...

Jan 13IGNEntertainment

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 ...

5dBusiness InsiderTechnologyImpact

Corsair’s wired Hall effect gaming keyboard is cheaper than ever

Hall effect switches are the most customizable and fastest you can currently get in a gaming keyboard. As such, they don’t usually come cheap. However, they’re fairly affordable to upgrade...

5dThe VergeTechnology

I started drinking at 14, and it became a dangerous habit for more than 55 years. I'm finally sober at 70.

From left: Barbara Face pictured as a teenager when she first started drinking, at the height of her alcoholism, and sober, as she is today. Courtesy of Barbara Face Barbara Face began drinking at 14 ...

Jan 13Business InsiderHealthImpact

We are centimillionaires. Here are the biggest money mistakes we made with our kids — and how we fixed them.

Bobby and Sofia Castro, center, have changed the way they approach money with their children by increasing transparency — and responsibility. Courtesy of Bobby and Sofia Castro Bobby and Sofia C...

2dBusiness InsidereconomicsImpact

Ashley St. Clair sues Elon Musk's xAI over alleged explicit Grok deepfake images

Ashley St. Clair sues xAI over Grok chatbot allegedly generating explicit deepfake images of her, using images from when she was 14 years old. Maja Smiejkowska/REUTERS Ashley St. Clair sued xAI, alleg...

Jan 16Business InsiderTechnologyImpact

Anna Kendrick says she was 'really jealous' watching her friends go to college

Anna Kendrick says she felt insecure about not going to college. Taylor Hill/FilmMagic Anna Kendrick says she felt "insecure" about skipping college to pursue acting. Her father was a teacher,...

9hBusiness InsiderEntertainmentImpact
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