Markets
Charity founder says he secretly gave FTX fraud figure Caroline Ellison a job
It looks like Caroline Ellison has emerged from stealth mode. A nonprofit CEO announced Friday that he secretly gave a job to Ellison — who went to prison in connection with fraud by Sam Bankman-Fried’s crypto exchange. Austin Chen, the founder of Manifund, a grantmaker tied to the effective…
5 jewelry trends that are in right now and 4 that are out, according to jewelers and stylists
Sharpe said pearls are trending this fall season, but with a fresher, less traditional feel. She told BI these iterations will be supersized, multistrand, more irregular, and natural-looking. “I think the more unique the shape is, the better,” Sharpe said. She also noted there are a variety of ways…
Brooks Brothers was steps from the World Trade Center on 9/11. Its creative director still can’t look at the pictures.
Like many people, Brooks Brothers creative director Michael Bastian remembers exactly where he was on the morning of September 11, 2001. “9/11 is personal for me,” he told Business Insider during New York Fashion Week on Thursday as Brooks Brothers presented its Spring/Summer 2027 collection. “I…
Breaking Down My $550,000 Retirement Savings in Bali, Indonesia
At 57, Debbie Welsch sold her US home and belongings for $550,000, then relocated to Bali with her 82-year-old mother. Today, she pays $375 a month in rent and has built a new life centered on making her savings stretch. In this episode of Cost of Living, she breaks down exactly what it costs to
Former Google chief scientist Jeff Dean is raising again for his new AI startup, seeking around a $50 billion valuation
Jeff Dean, who resigned as chief scientist from Google last month, is raising again for his new AI startup, Discovery Loop, this time seeking a valuation of around $50 billion, according to people familiar with the matter. It was only a few weeks ago that Discovery Loop was raising $1 billion…
Brooks Brothers Creative Director Michael Bastian Remembers 9/11
The Brooks Brothers location at Manhattan’s One Liberty Plaza sustained heavy damage when the Twin Towers collapsed on September 11, 2001. The store reopened exactly one year after the attacks. While the store is no longer there — it closed in 2018 amid planned renovations and relocated a few…
Ford invests $1B in Kentucky Truck Plant paint shop upgrade
Ford announced Thursday that it’s planning to expand its manufacturing presence in Kentucky with a $1 billion investment in a new state-of-the-art paint shop at its Kentucky Truck Plant. The investment will allow for the construction of a new paint shop, which will replace its existing paint shop…
I’ve traveled all over Italy. There are 4 places I can’t wait to return to — and 2 I’d leave off my itinerary next time.
There’s a lot to love about Venice, from the unique architecture to the outstanding glasswork. Unfortunately, though, I was underwhelmed by the food and noticed some things like souvenirs, meals, and experiences were more expensive than they were in other Italian cities I’d visited. Although the…
Google just completed its $1.5 billion-plus talent deal for AI startup Mechanize
Google has some fresh talent in the AI race. The tech giant has completed its talent deal with San Francisco startup Mechanize Inc, public postings show. Mechanize’s co-founder and ex-CEO, Tamay Besiroglu, now works as a research scientist at Google’s AI division, DeepMind, according to his…
Hugging Face CEO says asking Anthropic researcher ‘about AI extinction risk is like asking your AC guy about climate change’
Hugging Face CEO Clement Delangue questioned the focus on a former Anthropic researcher who said AI workers privately fear the technology could kill all humans. “Sorry, but asking Jacob about AI extinction risk is like asking your AC guy about climate change,” Delangue wrote on X on Friday…