Business Insider tells the innovative stories you want to know Business Insider tells the innovative stories you want to know Business Insider tells the innovative stories you want to know Business Insider tells the innovative stories you want to know
Photographer: David Paul Morris/Bloomberg (Bloomberg) — Meta Platforms Inc. is beginning to cut more than 1,000 jobs from the company’s Reality Labs division, part of a plan to redirect resources from virtual reality and metaverse products toward AI wearables and phone features. Affected employees will be notified of the layoffs starting Tuesday morning, according to an internal post…
White House officials are heaping blame on DC US Attorney Jeanine Pirro over her office’s criminal investigation into Fed Chair Jerome Powell, faulting her for blindsiding them with an inquiry that has forced the administration into a dayslong damage control campaign, four people familiar with the matter told CNN. The emergence of the criminal probe…
In a tragic turn of events, a second crane has collapsed in Thailand, further amplifying concerns about safety in the construction industry. This incident adds to the heartbreak as it follows a previous accident involving the same construction company, Italian-Thai, which resulted in significant loss of life. Such events shed light on the pressing need…
In a bold stance against perceived overreach by the U.S. government, five Democratic lawmakers, all veterans of the military or intelligence, have come under scrutiny following their public call for military and intelligence personnel to resist unlawful orders. This unprecedented situation highlights a growing tension between individual rights and the authority of the executive branch,…
Congratulations to our newest William Blair partners around the globe! This achievement recognizes their exceptional dedication and contributions to the firm while upholding William Blair’s mission, vision, and values to empower colleagues, deliver client success, and engage in our communities. Jamil AliInvestment Banking, Chicago Matthew BatterburyInvestment Banking, London Derek CaracciolaInvestment Banking, New York Matthew ClarkPrivate…
Netflix is readying a revised offer — in all cash — to acquire Warner Bros. Discovery‘s streaming and studios businesses, according to a report by the Wall Street Journal. Under the terms of Netflix’s original agreement, each Warner Bros. Discovery shareholder would receive $23.25 in cash and $4.50 worth of shares of Netflix common stock…
Only higher interest rates can stop the Yen from falling, but that risks a fiscal crisis Against the US Dollar, the Japanese Yen is closing in on the lows it reached in 2024. In trade-weighted terms, the Yen is actually already weaker than it was then, because its current depreciation is against a Dollar that’s…
QINGDAO, CHINA – JANUARY 13, 2026 – The cargo ship is loading and unloading foreign trade containers at Qingdao Port in Qingdao City, Shandong Province, China on January 13, 2026. Cfoto | Future Publishing | Getty Images China’s exports growth in December sharply beat expectations, catapulting the annual trade surplus to a record high, while…
In an era where geopolitical interests often overshadow local realities, the story of Greenland and its potential annexation by the United States reveals deeper themes of identity, sovereignty, and the struggle for autonomy. As President Trump expresses a definitive interest in acquiring Greenland, the indigenous Inuit communities face a future fraught with uncertainty over their…
As the Justice Department continues its investigation into the Federal Reserve, the next front in the central bank’s quest to maintain political independence shifts to the Supreme Court. On Jan. 21, the high court will hear arguments related to President Donald Trump‘s efforts to fire Federal Reserve Governor Lisa Cook. Administration officials last year accused…
Netflix is considering an all-cash offer for WBD to give shareholders a quicker and simpler transaction © Dado Ruvic/Reuters Netflix is preparing to amend the terms of its nearly $83bn deal to buy Warner Bros Discovery to make it an all-cash offer, in order to fend off Paramount’s hostile bid and speed up the acquisition’s…
Zoe KleinmanTechnology editor AFP via Getty Images One day the mighty data centre could be toppled into obsolescence by the humble smartphone, said Perplexity CEO Aravind Srinivas on a recent podcast. Speaking to host Prakhar Gupta, the AI chief argued that people will eventually use powerful, personalised AI tools that will be able to run…
Saks Global, the parent company of luxury retailer Saks Fifth Avenue, filed for Chapter 11 bankruptcy protection late Tuesday. The company had struggled with a heavy debt load following its purchase of rival Neiman Marcus in 2024. Saks was in a precarious financial situation before its Neiman merger, and the combination of luxury department stores…
.css-y0pnve{display:-webkit-box;display:-webkit-flex;display:-ms-flexbox;display:flex;-webkit-flex-direction:row;-ms-flex-direction:row;flex-direction:row;-webkit-align-items:center;-webkit-box-align:center;-ms-flex-align:center;align-items:center;gap:var(–o3-spacing-3xs);margin-bottom:var(–o3-spacing-2xs);} .css-l6tv8c{display:inline-block;width:24px;height:24px;background-color:var(–o3-color-use-case-body-inverse-text);-webkit-mask-image:var(–o3-icon-user);mask-image:var(–o3-icon-user);-webkit-mask-repeat:no-repeat;mask-repeat:no-repeat;-webkit-mask-size:contain;mask-size:contain;}.css-eh7lb7{margin:0;} For individuals .css-1b5zshh{color:var(–o3-color-use-case-support-inverse-text);margin:0;}@media (min-width: 740px) and (max-width: 1150px){.css-1b5zshh{min-height:var(–o3-spacing-xl);}} Discover all the plans currently available in your country .css-134bj3d{margin-top:var(–o3-spacing-s);} .css-13sn3di{display:inline-block;width:24px;height:24px;background-color:var(–o3-color-use-case-body-inverse-text);-webkit-mask-image:var(–o3-icon-corporate);mask-image:var(–o3-icon-corporate);-webkit-mask-repeat:no-repeat;mask-repeat:no-repeat;-webkit-mask-size:contain;mask-size:contain;} For multiple readers Digital access for organisations. Includes exclusive features and content.
In a significant turn of events for Venezuela’s political landscape, acting President Delcy Rodriguez recently engaged in a constructive phone conversation with U.S. President Donald Trump, marking a new chapter in U.S.-Venezuela relations. Following the controversial detention of former President Nicolas Maduro, Rodriguez has committed to building a path towards reconciliation, including the release of…
NASA, along with the U.S. Department of Energy (DOE), announced Tuesday a renewed commitment to their longstanding partnership to support the research and development of a fission surface power system for use on the Moon under the Artemis campaign and future NASA missions to Mars. A recently signed memorandum of understanding between the agencies solidifies…
A longtime Northwest Portland fondue restaurant and its adjacent martini bar will close after 20 years in business, according to a press release. The side-by-side Northwest Glisan Street concepts, Urban Fondue and Bartini, will call it quits in February. The press release blamed the closure on “a declining neighborhood environment, (exorbitant) city taxes and increasingly…
MERIDEN, CT (WFSB) – Two pedestrians were struck by a driver in a Meriden McDonald’s parking Tuesday night, according to police. Meriden police said a 62-year-old woman and a 13-year-old boy were the victims, and that the driver had been backing up. It happened in the restaurant parking lot on East Main Street in Meriden….
Traders work on the floor of the New York Stock Exchange during morning trading on January 14, 2026 in New York City. Michael M. Santiago | Getty Images Stocks fell on Wednesday for a second session, pulling back further from record levels, as traders digested a fresh batch of earnings and monitored geopolitical developments. The…
The US government has given chip giant Nvidia the green light to sell its advanced artificial intelligence (AI) processors in China, the Department of Commerce said on Tuesday. The H200, Nvidia’s second-most-advanced semiconductor, had been restricted by Washington over concerns that it would give China’s technology industry and military an edge over the US. The…
In a critical moment for U.S. foreign policy, Vice President JD Vance played a decisive role in the Senate by casting the tie-breaking vote against a war powers resolution that sought to limit President Donald Trump’s military authority regarding Venezuela. This vote not only reflects the growing tensions surrounding U.S. military engagement abroad but also…
WASHINGTON, Jan 13 (Reuters) – The U.S. government posted a $145 billion budget deficit for December, up 67% or $58 billion from a year earlier due to record outlays that were inflated by calendar shifts in benefit payments and receipts, the Treasury Department said on Tuesday. The report showed that revenue growth from President Donald…
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Stocks were mostly lower Tuesday as investors digested the latest consumer inflation data , big bank earnings , and rising geopolitical tensions overseas. The financials were…
Amazon last year agreed to increase the price it paid to some suppliers for tariffed goods in return for guaranteed minimum margins © Miguel J. Rodriguez Carrillo/Getty Images Amazon is seeking to cut what it pays suppliers for goods it sells on its ecommerce platform as the tech giant moves to reverse concessions intended to…
Osanbashi in Yokohama on December 10, 2022. Yuichi Yamazaki | Afp | Getty Images Japanese indexes hit record highs Wednesday on expectations that Prime Minister Sanae Takaichi could call for a snap election, likely in February. Reports of a sudden election at a time when the Japanese leader enjoys huge popularity have fueled the so-called…
In this article JPM Follow your favorite stocksCREATE FREE ACCOUNT CNBC’s Jim Cramer reviewed market action as earnings season kicks off and suggested that JPMorgan Chase can recover after its Tuesday report sent shares plummeting. “Jamie was back urging caution and getting tough about the right to charge high fees for credit cards to make…
Shortly after Google announced its new Universal Commerce Protocol for AI-powered shopping agents, a consumer economics watchdog sounded the alarm. In a now viral post on X viewed nearly 400,000 times, Lindsay Owens on Sunday wrote, “Big/bad news for consumers. Google is out today with an announcement of how they plan to integrate shopping into…
Although public backlash against data centers has been intense over the past 12 months, all of the tech industry’s biggest companies have promised additional buildouts of AI infrastructure in the coming year. That includes OpenAI partner Microsoft, which, on Tuesday, announced what it calls a “community-first” approach to AI Infrastructure. Microsoft’s announcement, which comes only…
NEW YORK (AP) — Up until this week, Wall Street has generally benefited from the Trump administration’s policies and has been supportive of the president. That relationship has suddenly soured. When President Donald Trump signed the One Big Beautiful Bill into law in July, it pushed another significant round of tax cuts and also cut…
Taco Bell is launching a new value-focused menu nationwide later in January, adding 10 items priced at $3 or less as part of its new Luxe Value Menu. The Luxe Value Menu arrives at U.S. locations on January 22 and includes five new menu items alongside five returning value favorites. The launch replaces Taco Bell’s…
<!– <!– _ _ _ ____ _ _____ _ ___ | | (_) | _____ / ___|___ __| | ___ | ____| |__|__ | | | | |/ / _ | | / _ / _` |/ _ | _| | '_ / / | |___| | Netflix Considers Shifting Deal For Warner Bros. To…
In a tense political climate where budgetary concerns and trade agreements collide, French Prime Minister Sebastien Lecornu has successfully navigated two no-confidence votes aimed at protesting the European Union’s recent trade agreement with the MERCOSUR bloc. This development not only highlights the challenges Lecornu faces but also illustrates the ongoing debate over France’s role in…