Tag: Business

Ukraine losing Western support makes the US ‘more vulnerable’ because China is watching the war closely, NATO chief says

“We need to realize that this is closely watched in Beijing,” NATO Secretary General Jens Stoltenberg said, urging the US to continue aid to Ukraine. Business Insider

6 photos and stats that put into perspective the sheer size of Evergrande, China’s dying real-estate giant that has $300 billion in debt

Evergrande, China's second-largest property developer, had $300 billion in debt. That's equivalent to 1.5% of China's GDP. Business Insider

A Burger King employee who’s worked there for 50 years says she loves her job so much she even comes to work when she’s sick or in pain

Wanda Byrd hasn't worked anywhere other than Burger King, KSWO reported. She arrives an hour before her shifts start to help set up. Business Insider

I moved to Australia to be with my boyfriend and for a better quality of life. I was nervous, but I’m saving money and much happier.

Moving to Queensland, Australia was a big decision for freelancer writer Gabriella Ferlita. She said it's cheaper than the UK and sunny all year. Business Insider

Elon Musk compares the AI race to playing poker — you need to spend billions every year just to sit at the table

Elon Musk said Tesla would spend more than $500 million on Nvidia AI chips in 2024, but that it would take “several billion dollars” a year worth of hardware to keep up with its biggest rivals. Business Insider

The non-profit behind Wikipedia and a crypto exchange are among the top companies for work-from-anywhere jobs, with some paying over $100,000

FlexJobs analyzed job openings from 60,000 companies in 2023 that offered remote work with zero location restrictions and no time in the office. Business Insider

A guaranteed basic income program in Minneapolis found that even after a year of giving recipients $500 a month, they weren’t working any less

A Minneapolis guaranteed basic income program found that after a year of giving recipients $500 a month, they were more financially secure and didn't work less. Business Insider

The office apocalypse will see a wave of buildings demolished or converted to residential, New York City real estate exec says

“If you take the price of the building plus the price of demolishing, some of those values are less than land value,” one NYC real estate vet said. Business Insider

A 27-year-old Berkeley city council member wanted to build more affordable housing. Relentless harassment from ‘left NIMBYs’ pushed him to resign.

Former Berkeley city council member Rigel Robinson wanted more housing, but anti-development NIMBYs' harassment and threats pushed him out. Business Insider

I’m a millennial who moved from New York to Kansas City. I don’t have to work 5 jobs, and I pay less rent for a bigger apartment.

Jackie Nguyen, 35, finds her money goes farther thanks to the Midwest's lower cost of living, plus she's relishing the slower pace. Business Insider

I’m a food reporter who’s never been to Golden Corral. I visited the only location in NYC since it went viral, and my $25 meal completely surpassed my expectations.

I've never eaten at Golden Corral before this month, but I'm glad I did. Any preconceived notions I had about food and sanitation were wrong. Business Insider

A millennial who quit her corporate job in London and moved to Australia explains the pros and cons of her career switch and life down under

Tara, who recently moved from London to Melbourne, Australia, shared what pros and cons she sees living in Australia and why she changed industries. Business Insider

I was one of the first guests on Royal Caribbean’s Icon of the Seas — these are the 9 things you should know about what it’s like on the world’s largest cruise ship

From the large water park to the do-it-yourself bar crawl, the new world's largest cruise ship isn't like any cruise ship I've ever been on. Business Insider

Watch the moment Lauren Boebert was asked to ‘give the definition of carpetbagger’ in the first GOP debate in her new district

“Is this a 'Mary Poppins' question?” Boebert retorted before explaining why she's now running in a deeper-red Colorado district far from her home. Business Insider

I compared grocery prices at Costco, Walmart, and HEB for a family of 4. I was shocked Walmart wasn’t a better bargain.

I do the grocery shopping for a family of four, and like many others, the current economy has turned it into something that can be both stressful and a bit of a game. Business Insider

After being asked who’d been arrested, Lauren Boebert and most of her Colorado primary competitors raised their hands to applause

She said her arrest was over a traffic violation, but she'd been arrested after skipping a court-ordered hearing and over a disorderly-conduct charge. Business Insider

The RNC chair once said the party wouldn’t put ‘our thumb on the scale’ to support Trump in the primary. Now, she’s calling for Haley to drop out.

Before Trump ran for reelection, Ronna McDaniel, the RNC chair, promised to stay neutral. She's calling for Nikki Haley to drop out of the primary. Business Insider

It’s not too late for more student-loan borrowers to get relief in Biden’s second try at debt cancellation, 38 Democratic lawmakers say

A group of Democrats, including Sens. Elizabeth Warren and Bernie Sanders, called on the Education Department to expand its student-debt relief plan. Business Insider

The Houthis are still trying to attack ships, but most of the time, they can’t get their missiles in the air before the US blows them up

The US military has conducted several rounds of preemptive and unilateral strikes against Houthi missiles before they can be launched at nearby ships. Business Insider

I worked nights, weekends, and holidays after being put on a performance improvement plan. I saved my job, but it wasn’t worth it.

An employee survived a performance improvement plan even though she thought she was doing great work. After long hours, she went to the hospital over the stress. Business Insider

A giant tsunami may have wiped out Stone Age populations in Britain 8,200 years ago, and scientists say a similar natural disaster could hit the islands again

A landslide triggered the Storegga tsunami 8,200 years ago. Researchers want to know if it caused a population decline that happened around then. Business Insider

A robocall impersonating Joe Biden telling voters to stay home is the dawn of a devastating new era for phone spam: ‘We knew this day would happen, and now it’s here’

“This is what always happens,” Nomorobo's CEO said. “Scammers jump on anything new that they can use to get a leg up to go in and rip off.” Business Insider

NH Gov. Chris Sununu said Chris Christie was ‘obsessed with being president’ but offered a limited message during his campaign

While Chris Christie ran as a stridently anti-Trump candidate, Sununu has said he'd still back the former president over President Joe Biden. Business Insider

Florida Gov. Ron DeSantis, who was once seen as the biggest threat to Trump’s 2024 White House bid, ends his presidential campaign

Trump's myriad legal issues seemingly had the effect of boosting his polling numbers with GOP primary voters, which in turn iced out Gov. DeSantis. Business Insider

An Alabama prisoner will soon become the first in the US to be executed by nitrogen gas. Veterinarians won’t even use the method on most animals.

Human rights activists have condemned the experimental execution method, noting that even veterinarians refrain from euthanizing animals via nitrogen. Business Insider

A Gen X woman bought a crumbling 1890s manor. She thought she’d be done restoring it a year into the project, but the work kept coming.

Tabetha Heemstra told BI she enjoyed the restoration process so much that she's even got her next project already lined up — the house next door. Business Insider

Gov. Wes Moore touts ‘revolutionary’ Maryland as he reflects on his first year in office and praises Biden ‘partnership’ ahead of 2024 election

As Gov. Moore celebrates the one-year mark of his administration, he points to public safety and infrastructure successes to set the tone for 2024. Business Insider

Unconditional aid to Israel is no longer the bipartisan certainty it once was as US senators begin to question Israel’s campaign in Gaza and the West Bank

Some mainstream Democrats in the US Senate are questioning unconditional military aid to Israel. It could be the beginning of a major political shift. Business Insider

Wealth inequality and ‘billionaire supremacy’ have gotten so bad that at this rate, it will take 230 years to end poverty

Oxfam International said top billionaires have become $3.3 trillion richer since 2020. Meanwhile, 60% of the global population has grown poorer. Business Insider

Elise Stefanik, the No. 4 House Republican who has been floated as a potential Trump running mate, said Nikki Haley would be a ‘nonstarter’ as a VP candidate

“Nikki Haley has been disloyal to President Trump,” Stefanik said during a Saturday stop at former President Trump's Manchester campaign headquarters. Business Insider

Trump is headlining a South Carolina rally with state GOP leaders to depict Haley’s support in her home state as wafer thin, report says

Early last year, Trump sought to showcase his strength in South Carolina ahead of former Gov. Nikki Haley's eventual presidential campaign launch. Business Insider

A Florida GOP leader was cleared of rape allegations. But he could still face charges that he illegally recorded the sexual encounter.

Police cleared Christian Ziegler, the ousted chair of the Florida Republican Party, of rape allegations, but have asked prosecutors to charge him with video voyeurism. Business Insider

Allegations of a romantic relationship between DA Fani Willis and prosecutor are bad optics, but likely won’t impact Trump’s case, experts say

An affair between Fani Willis and her attorney Nathan Wade threaten to taint one of four criminal cases against the former president. Business Insider

Wayne LaPierre’s brain is shrinking, and he is too ill to commit to all-day testimony in his NRA corruption trial, new court filing says

LaPierre has “cognitive decline” and “significant cerebral volume loss” a doctor wrote. He's hoping to limit his NRA corruption trial testimony in NY. Business Insider

A major student-loan company owes debt of its own — but it’s continuing to collect millions of borrowers’ monthly bills. A Democratic lawmaker says it’s time for it to pay up.

Rep. Cori Bush wants the Missouri attorney general to hold student-loan company MOHELA accountable for its obligations to borrowers and the state. Business Insider

The Uvalde crime scene investigators almost missed the shooter’s ‘hellfire trigger’ device because someone threw it in the trash, DOJ report says

The Justice Department released a report on Thursday documenting the “cascading failures” of the police response to the Uvalde school shooting. Business Insider

For the 4th time in a year, more House Democrats than Republicans voted to avert a fiscal disaster — even though the GOP controls the chamber

Despite controlling the House, GOP leaders have often relied on Democrats to support must-pass bills to fund the government or avoid a debt default. Business Insider

Apple’s biggest new product since the iPhone, the Vision Pro, launches soon — here’s how to order the ‘spatial reality’ headset

Apple's highly anticipated Vision Pro headset, which combines virtual and augmented reality, will be available to preorder starting January 19. Business Insider

Ukraine’s Zelenskyy says radical Republican rhetoric may just be politics, but it’s ‘scaring the public’ and ‘stressing’ people out

He said radical messaging from certain Republicans is alarming to his people, but he's hopeful it's just politics and not something deeper. Business Insider

New California city backed by Silicon Valley billionaires will be about 18,600 acres — less than half the size of the purchased land

Details on the new Solano County city backed by Silicon Valley's wealthiest suggest less than half of the purchased acreage will be for residents. Business Insider

Zelenskyy says he owes a ‘big shoutout’ to the makers of the Patriot, which Ukraine says has been killing Russia’s supposedly unbeatable missiles

Ukrainian President Volodymyr Zelenskyy's praise for the weapons system comes amid fears that US Congress could stall funding. Business Insider

The next country to land humans on the moon in the next 10 years ‘sets a precedent’ for who decides the rules there: US officials

The US and China are racing to be the first to put a man on the moon in the 21st Century, but NASA last week announced delays to its crewed missions. Business Insider

Russia has burned through almost half of the liquid reserves in its national wealth fund as it bleeds money amid the war in Ukraine

Liquid assets under Russia's National Wellbeing Fund fell from 8.9 trillion rubles in January 2022 to 5 trillion rubles at end-2023. Business Insider

After a rough run, North Korea could at last find itself ‘sitting pretty’ in the new year with both Russia and China courting it, Korea watcher says

Putin needs Kim's help for ammo. The budding relationship could spark China's interest, putting North Korea in a favorable position. Business Insider

Missions like the nighttime sea raid that saw 2 Navy SEALs go missing are ‘dangerous’ and ‘complex,’ former Special Forces soldier says

The two SEALs were involved in an operation to interdict a boat attempting to smuggle Iranian weapons to the Houthis when they went missing last week. Business Insider

These 11 senators supported Bernie Sanders’s resolution to force a State Department report on Israeli human rights violations in Gaza

While the effort failed, it's an indicator of where senators stand on Israel's military campaign in Gaza, where over 24,000 people have been killed. Business Insider

A 16-year-old employee at a poultry processor was killed after being pulled into a chicken deboning machine. The proposed fine for the Mississippi plant: $212,000

The teenager was the second worker killed at the Mississippi facility in a little over two years, according to OSHA. Business Insider

Russia’s Kinzhals are frustrating Chinese analysts who want to find out how Beijing’s hypersonic missiles might stack up against US battlefield defenses

“The accuracy is unsatisfactory,” one analyst wrote. China has been watching the Kinzhal keenly as it faces off against US Patriot systems in Ukraine. Business Insider

Elon Musk’s latest Tesla robot video shows it folding a shirt, but some viewers were quick to question how the video was made

Elon Musk admitted that a video showing his Tesla robot folding a shirt was not happening “autonomously,” without explaining how it was done. Business Insider

Your iPhone can translate those cryptic symbols on clothing tags — I tried it out and finally know how to wash that sweater

Mystified by what the laundry symbols on your clothing tags mean? As a viral TikTok pointed out, the latest iPhone iOS can decode those for you. Business Insider

The DeSantis campaign accuses media outlets of ‘election interference’ for calling the Iowa caucuses for Trump early in the night

Gov. DeSantis staked a lot in a strong Iowa showing, but Trump had long been the dominant GOP contender headed into the Iowa caucuses. Business Insider

John Deere and SpaceX’s Starlink team up to equip tractors with satellite internet, in a deal Elon Musk calls ‘great for farmers’

Elon Musk says the deal will be “great for farmers.” and for Starlink, whose mission is to bring internet to rural areas. Business Insider

Bernie Sanders urges Biden to revoke unconstrained financial support for Israel: ‘Killing children is not the solution’

Sen. Bernie Sanders urged Joe Biden to tell Benjamin Netanyahu that Israel won't see “a nickel more” from the US unless it changes course in Gaza. Business Insider

Once an AI model exhibits ‘deceptive behavior’ it can be hard to correct, researchers at OpenAI competitor Anthropic found

Researchers from Anthropic co-authored a study that found that AI models can learn deceptive behaviors that safety training techniques can't reverse. Business Insider

Jamie Raskin says GOP lawmakers supporting Trump act like a ‘religious cult’ and will be ‘fit only for selling flowers and incense at Dulles Airport’ after he’s defeated

Raskin said his GOP colleagues who support Trump will be “selling flowers and incense” at the airport after Trump's “religious cult” is defeated. Business Insider

DA Fani Willis defends prosecutor she hired for Trump’s Georgia election case amid allegations of an ‘improper’ relationship

Fulton County DA Fani Willis appeared to choke up during public remarks on Sunday as she spoke about the stress and loneliness of her job. Business Insider

I grew up always wanting to drive my own car. But I’m from the world’s most expensive city to live in, and now I know I never will.

In Singapore, a typical family car can easily set you back more than $100,000. And you'll only get to drive it for a maximum of 10 years. Business Insider

Trump told Iowa supporters ‘it’s worth it’ to go vote for him in the cold, even if they’re ‘sick as a dog’ and die after casting their ballots

“Even if you vote and then pass away, it's worth it,” Trump said to laughter from Iowan supporters, who face brutal subzero wind chills on Monday. Business Insider

2024 health systems outlook: A host of challenges ahead

Health systems may face a challenging year ahead, with increasing competition from nontraditional players, workforce shortages, and demands for new capabilities. However, these challenges also present opportunities for leaders to focus on resilience, find efficiencies, and take a multilever approach to growth. Mckinsey