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Joshua Kushner, founder of Thrive Capital (L), and Bob Iger during the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, US, on Friday, July 10, 2026.Getty Images (L) | CNBC (R)The Los Angeles Lakers have sold — again.Less than a year after buying a controlling ownership stake in the NBA’s Lakers, Mark Walter has sold his majority equity to Joshua Kushner and Bob Iger, according to a statement. The deal values the team at $12.5 billion, according to a person familiar with the matter, who was not authorized to speak publicly about the terms of the sale.”As…

One of Hollywood’s biggest names is making a historic splash for one of Los Angeles most iconic brands.Former Disney CEO Bob Iger and Thrive Capital founder Josh Kushner are buying the NBA’s Los Angeles Lakers from billionaire Mark Walter. The deal values the franchise at $12.5 billion, according to a source familiar with the matter, a record-breaking sum for a sports franchise.”As lifelong NBA fans, we are deeply honored for the opportunity to become stewards of the Los Angeles Lakers, one of the most iconic sports franchises in the world,” the pair said. “We have immense respect for the leadership…

Home Depot CEO Ted Decker is taking a “temporary medical leave of absence” for the next few months and the company has appointed two top deputies to lead until he returns, the retailer announced on Wednesday. Ann-Marie Campbell, Home Depot’s senior executive vice president of U.S. stores and operations, will oversee day-to-day operations while finance chief Richard McPhail will run financial management and the Pro business, the company said. Lead independent director of the board, Greg Brenneman, will take over as chair of the board during Decker’s leave. The board of directors made the appointments but they were “in alignment with Decker’s…

Andrew Tate and Tristan Tate (obscured) — facing more than 50 charges in the U.K. and Romania, including rape and human trafficking — arrive in Florida after a travel ban on them was lifted in February 2025. Alon Skuy/Getty Images hide caption toggle caption Alon Skuy/Getty Images After President Trump took office in 2025, Andrew Tate proclaimed, “The Tates will be free.” It reflected an expectation that Trump would extricate the controversial 39-year-old influencer and his brother from legal troubles in Romania. By then, Andrew Tate had spent years building political connections with the Trump family and other Republicans. But…

This interview is based on a conversation with James Richard Cornell, 63, who has been caring for his 87-year-old mom with dementia for over a decade. Cornell built a house on his property for his mom, which has helped them avoid nursing home costs. This interview has been edited for length and clarity.My mom is a pleasure to take care of. She doesn’t give you any crap. She does what she needs to do.I’ve worked in the trades my whole life. I started my first few years doing oil burner service. Then, I got into doing aluminum siding, but I…

This as-told-to essay is based on a conversation with Glenn Stephenson, 32, who lives in Belfast, UK. The following has been edited for length and clarity.I joined PwC after graduating with a business degree in 2016, and I knew the hyper-competitive environment would push me. Seven years in, I wanted to push myself again, so I requested a sabbatical.My job had given me satisfaction and agency, but when I looked ahead, a structured career path in a corporate environment didn’t really excite me. Becoming a partner seemed like a very all-consuming role.I felt drawn to building something completely new, but…

Leaders don’t just want their employees using AI — they’re taking advantage of the tech, too.PwC senior partner and US CEO Paul Griggs is embracing that challenge as he says the company experiences its strongest pipeline of new clients.The Big Four leader told Business Insider that he “got nudged” to experiment with AI more and now keeps two chat systems open on his phone and computer throughout the day. He declined to name which models he uses, but said his go-to tool is a custom AI model he dubbed “PG’s Whisperer,” which he created using two different models.”I use PG’s…

This is an interview with Jonathan Chan, the cofounder and chief product and technology officer of Pear, an AI platform that’s helping to reinvent consulting. Prior to that, he spent five years as a consultant at Boston Consulting Group.I started my career as a tech developer, then did my MBA and spent about five years in strategy at Westpac, an Australian bank. I loved strategy, so I applied to major consulting firms like McKinsey, Bain, and BCG. I ultimately joined BCG as a consultant.I was excited. Then I found myself sitting on the bench.I had an MBA and close to a…

US annual inflation cooled for the second consecutive month, falling from 3.5% to 3.4% in July, as expected.That means inflation outpaced wage growth for the fourth straight month. Wage growth slowed to 3.2% over the year in July, the lowest increase since 2021. “Even if you’re making more money numbers-wise, with the way prices are rising, you have less money left over at the end of the month,” ZipRecruiter economist Nicole Bachaud told Business Insider. “That’s really going to impact the large consumer base of America, middle- and low-income households, who are really dependent on wage growth to help them…

Jim Slowikowski oversees the unloading of pallets filled with mail-in ballots at a U.S. Postal Service processing and distribution center in 2020 in Portland, Ore. Nathan Howard/Getty Images hide caption toggle caption Nathan Howard/Getty Images A federal judge in Boston has expanded a court-ordered block on a key part of President Trump’s executive order to limit voting by mail in this fall’s midterm election. The order released by U.S. District Judge Indira Talwani on Tuesday comes as the wait continues for the Supreme Court to weigh in on an earlier ruling by Talwani. The judge’s latest ruling bans the U.S.…