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Mark Spitznagel says the AI boom likely has further to run, but a monumental crash is coming.The founder and chief of Universa Investments, a “Black Swan” fund that aims to win big from catastrophes, shared his stock-market outlook and reflected on his investing style in a recent interview with Business…
City governments have felt the heat to drop their contracts with Flock Safety. Now, retail giants are feeling it too.As the backlash against Flock’s security products continues, critics are targeting retail stores that have known partnerships with the company.”There is simply no need for Ulta Beauty to be one of…
This as-told-to essay is based on a conversation with Kori X, who is based in Phoenix. They were originally laid off from Uber in 2023, returned this year as an evaluations specialist on the GenAI team, and were laid off again. Their words have been edited for length and clarity.I…
Selma Blair and Sarah Michelle Gellar in "Cruel Intentions."SonyThis September on Netflix, you can stream the 1990s classic “Cruel Intentions.”Other must-sees include “Phantom Thread” and “Straight Outta Compton.”There are also Netflix originals like a Unabomber movie and a doc about Olympic breakdancer Raygun.From the cult classic “Cruel Intentions” to the…
Little treats are getting littler.With US shoppers under seemingly never-ending strain, large consumer product companies are finding success in introducing smaller formats that won’t break the bank.In earnings reports this week, executives from Coca Cola, Mondelez, Proctor & Gamble, and Hershey acknowledged that consumers were responding to the new price…
The US military’s first-ever sea-drone strike, carried out in Iran earlier this month, is opening up a new way of warfighting for NATO, a top commander overseeing the alliance’s modernization told Business Insider.”I think it’s coming,” French Adm. Pierre Vandier, NATO’s Supreme Allied Commander Transformation, said in an interview this…
Ford hit reset on its money-losing EV program. Now, the first product of that overhaul is coming into view.The Detroit automaker says the midsize electric pickup will reach customers in 2027, with a target starting price of about $30,000.There’s still plenty Ford hasn’t yet revealed about the vehicle. We don’t…
This as-told-to essay is based on a conversation with Bakari Akil, 37, a private equity investor from New York. Akil grew up with no international travel experience and, three years ago, set out to visit 30 different countries each month. He finished his list, but is still traveling around the…
