Finance
I went to Anthropic’s developer conference this week with Business Insider’s new AI reporter, Stephen Council. He’s a terrific writer and a joy to work with, so give him a follow. Loading audio narration… The big news: Anthropic is renting AI compute from a giant data center run by SpaceX.…
Disney’s first approach to Trump 2.0: Give Donald Trump what he wants. Loading audio narration… Now it’s trying something different: The opposite.In a filing with the federal government this week, Disney pushed back against its attempt to regulate which guests can appear on “The View,” calling those efforts “unprecedented” and…
Many Americans don’t like the AI data centers popping up in their communities, though Kevin O’Leary thinks that’s because they don’t fully understand them. Loading audio narration… O’Leary, the venture capitalist and “Shark Tank” investor who recently starred as a villainous businessman in “Marty Supreme,” said Americans have misconceptions about…
Claims of historic performance are often exaggerated on Wall Street. But April was one for the record books. Loading audio narration… The sharp rebound across global markets pushed stocks to all-time highs, with the S&P 500 rising more than 10% in April. Hedge Fund Research called it a “historic gain”…
What’s the new normal for a company whose CEO is all in on AI and cutting jobs as a result? Look no further than DeepL’s layoffs memo. Loading audio narration… The German AI translation startup recently cut about 250 employees, over 21% of staff. In his message posted on LinkedIn,…
When I moved from California to Spain in 2019, I knew my life would change — but I didn’t expect how deeply it would shift the way I moved through the world. Loading audio narration… During my first few weeks as a language assistant, a Spanish teacher I worked with…
A US Navy fighter jet fired on the smokestacks of two Iranian-flagged oil tankers in the Gulf of Oman on Friday, disabling both of the blockade-running vessels, the American military said. Loading audio narration… The Navy has used force multiple times to disable Iranian commercial vessels since the US began…
I was a 90’s kid in San Diego. That meant playing outside or at the park alone, walking our dog around the neighborhood, and going to the nearby store to buy snacks and treats when our mom was at work. Loading audio narration… While we weren’t exactly latchkey kids, we…
On an otherwise innocuous morning in January 2025, I lost my job. Loading audio narration… When the CEO asked me into his office, I already knew what was coming. Management had held an emergency meeting earlier that morning, warning us that mass layoffs were coming.Two of my colleagues had already…
This as-told-to essay is based on a conversation with Susie Cranston, CEO of Cresset. It has been edited for length and clarity. Loading audio narration… There’s a famous story in my family: my mom and her twin sister were in first grade at a religious school in the Bay Area.…
