Author: Editor

One morning, after my husband drifted to his home office, I started a load of laundry and stood listening to the machine hum, the familiar hiss of water filling the drum. I thought, “Now what?”I’d recently begun calling myself “a retired marketing and PR professional.” It seemed strangely final. There was no gold watch, no announcement, no clear ending — just a word that appeared in my bio without fanfare.I’d been working full-time in some form since I was 19 and built a long career in PR and marketing. I became someone through my work: a person whose days had…

That past-due notice on your student-loan payments might be a mistake.Over the past few days, some borrowers whose accounts are managed by student-loan servicer MOHELA received notices that their loans were past due and at risk of default. In reality, their accounts are not at risk, and the notices were sent in error.An Education Department spokesperson confirmed to Business Insider that the department is aware of an issue affecting “a small number of borrowers at one servicer.””The issue has been fixed, and impacted borrowers will be notified by email of the error,” the spokesperson said.This comes as the department is…

Carrie and Brian Smith rented an RV in July 2023 while participating in RAGBRAI, an annual seven-day bicycle ride across Iowa.Their accommodations weren’t cheap — or particularly nice.The bath towels were “kids’ old swimming towels,” Carrie told Business Insider. “The seats had cuts in them, and the upholstery was dried out. It was just kind of junky.”The couple, who both fly for a major airline and met while working for the pilots’ union, thought they could offer travelers a more polished experience.They were also looking for a business they could continue operating after their flying careers ended. Federal rules require…

Ryan McPherson fought hard for his piece of Austin. Back in the spring of 2022, when it seemed like everyone was angling for homes in the Texas capital, he and his wife set their sights on a tidy four-bedroom in a sprawling new development on the east side of town. They bid $20,000 above the asking price, stretching the total to $615,000, and penned a heartfelt letter to the sellers to lock in the deal. Austin was booming, and if the previous two years were any indication, that price might soon seem like a bargain.”Everybody that I worked with, they…

This as-told-to essay is based on a conversation with Natasya Pawanteh, 45, who lives in Kuala Lumpur, Malaysia. The following has been edited for length and clarity.In 2017, I was a raging workaholic.As an ambitious, mid-career geologist at Shell in Sarawak, Malaysia, I was focused on deepening my expertise. Working, including weekends and late nights, took priority over health and sleep. Over time, it started to take a toll on me.Around this time, my sisters were looking after my parents, who had both had a stroke years prior. I wasn’t sure how long I’d have left with them.In May 2018,…

MyPillow’s Mike Lindell is stepping down as CEO after 22 years on the job.Lindell, a Trump ally, said on Facebook on Tuesday that he’d made one of the “biggest decisions” of his life: stepping down as CEO to dedicate all his “time and energy” to his campaign for Minnesota governor.”Minnesota deserves my full attention, and that’s exactly what I’m giving it. I’m all in, and I can’t wait to earn your vote,” Lindell said on Facebook.James Furlong, who was MyPillow’s president from 2004 to 2019, is the company’s new CEO. MyPillow said in a press release on Tuesday that Lindell’s…

Merchandise is displayed on a shelf at the Times Square Disney store on May 6, 2026 in New York City. Michael M. Santiago | Getty ImagesDisney reports quarterly earnings before the bell on Wednesday, and investors will be focused on the direction of the company’s streaming and theme parks business — as well as further updates on CEO Josh D’Amaro’s strategy for growth. Disney’s fiscal third-quarter earnings will be released less than five months since D’Amaro took over for Bob Iger as CEO. In that time the company has seen layoffs across the company, the most recent round reportedly occurring…

Workers assemble cars at a car plant of SAIC-GM-Wuling in Qingdao city in east China’s Shandong province, Feb. 5, 2025.ZHANG JINGANG | Future Publishing | Getty ImagesDETROIT — General Motors and China’s SAIC Motor have extended a decadeslong Chinese joint venture that was set to end next year, the U.S. automaker said Tuesday night.The extension comes amid a rapidly changing automotive landscape in China that has included the swift rise of domestic automakers and a shift away from traditional Western brands and legacy joint ventures.GM declined to provide financial details of the extension, which comes amid heightened geopolitical tensions between…

A busy July put many big-name hedge funds in the red to start the third quarter.Izzy Englander’s Millennium lost 2.1% last month, a person close to the New York-based manager told Business Insider, pulling the firm’s 2026 returns to 8.2%. Steve Cohen’s Point72 was down 3.3% in July, a person close to the firm told Business Insider. The losses brought its year-to-date returns to 10.9%.Asia-based multimanagers Dymon Asia and Pinpoint fell 6.5% and 9%, respectively, last month as stock market jitters in Korea and Japanese economic woes wreaked havoc on the continent’s markets. People familiar with the two funds told…

While Leopold Aschenbrenner’s 67% loss last month might have had the industry’s most severe drawdown in July, plenty of stockpickers focused on cutting-edge companies also suffered.Alex Sacerdote’s Whale Rock Capital was down 21.7% in its flagship fund in July, a person close to the Boston-based manager told Business Insider. The firm had been riding high coming into the month, and July’s losses put the fund’s gains at 35.1% for the year. That’s a sharp decline from the 72.5% return it had through June. The manager, which turned 20 years old this year, was down 18.8% in its long-only fund last…