Author: Editor

There are plenty of true believers in SpaceX.ARK Invest chief futurist Brett Winton called it “the most important company in the world in terms of what the future is going to look like” in a recent interview with Business Insider. Billionaire Coatue founder Philippe Laffont believes SpaceX will be among the next iteration of the Magnificent Seven stocks. Fidelity’s massive Contrafund values its total SpaceX stake at roughly $8 billion, making it the fund’s fifth-largest exposure, ranking above Alphabet, Microsoft, and Apple.But the story of the coming IPO of Elon Musk’s rocket company will not be about convincing nervous asset…

Even the people helping others find work aren’t immune to suspicious job offers.Colleen Paulson, the founder of Ageless Careers, typically helps older executives find new jobs. She received an email for a position that matched her past experience with an eye-popping offer: The gig offered at least $900,000 a year.Even though Paulson thinks the email was well-written and included a photo, the high pay for the job struck her as a red flag. There was another sign: It didn’t seem to come from an official company email domain.”No one’s going to come and email me for a $900,000 a year job…

A demonstrator holds a sign saying “PROTECT OUR VOTE!” at a May 16 rally in Montgomery, Ala., responding to the recent U.S. Supreme Court ruling that weakens Voting Rights Act protections against racial discrimination in redistricting. Mike Stewart/AP hide caption toggle caption Mike Stewart/AP Minority voters are left with limited alternatives for combatting racial discrimination in redistricting, after the U.S. Supreme Court’s latest undermining of the federal Voting Rights Act. Remaining options for protecting the collective power of racial-minority voters include state-level voting rights acts and map-drawing strategies, likely in Democratic-controlled states, yet they cannot fully replace the nationwide provisions…

Walmart is pushing into restaurant delivery. Its first goal: Getting you a sub sandwich on demand.The big box retailer has been delivering meals from Subway restaurants located in Walmart stores for about a month, said Tracy Poulliot, vice president of e-commerce and marketing at Walmart. The retailer aims to have the delivery option live at all 1,400 Subways within Walmart stores by late July.Business Insider first reported that Walmart was testing restaurant delivery.Customers can place Subway orders for express delivery on their own using the Walmart app, the company said. In testing, though, many customers combined restaurant orders with groceries…

The new top producer at “60 Minutes” is thanking staffers for their work after what he said was “a hell of a first week.””It has been a trying and difficult few days,” said Nick Bilton, who recently became the executive producer at “60 Minutes,” in a memo viewed by Business Insider.Bilton was grilled by longtime correspondent Scott Pelley about his qualifications and those of his boss, CBS News top editor Bari Weiss. While both Bilton and Weiss worked at news organizations like The New York Times, neither had a background in TV news.Pelley confronted Bilton on Monday during his inaugural…

Lululemon’s troubles are far from over. The athletic apparel retailer lowered its full-year guidance and issued a weak current quarter outlook on Thursday as interim CEO Meghan Frank pointed to undisclosed “headwinds.””We have been navigating headwinds that have led us to adjust our outlook for the full year,” Frank said in a news release. “We have assessed the business and are taking additional actions to reposition where needed and further strengthen our product engine. We remain confident in our path forward.”The company’s shares dropped nearly 10% in extended trading following the report. Lululemon’s stock has plunged about 40% this year as…

AI may not be a complete disaster for jobs yet, but companies are citing it more than any other reason when announcing layoffs, according to a new report from Challenger, Gray & Christmas.The global outplacement firm’s latest report said AI accounted for 40% of 97,006 job cuts by US-based employers in May, the highest monthly total since Challenger began tracking AI as a reason for layoffs in 2023. So far in 2026, Challenger says 87,714 cuts have been attributed to AI, far surpassing the total of 54,836 in 2025.”AI isn’t yet the jobpocalypse some predicted,” Andy Challenger, labor and workplace…

OpenAI’s new ad that ran during Game 1 of the Knicks vs Spurs NBA Finals included a hidden game of its own.The company debuted an advertisement for Codex, its AI coding tool, titled “Time to Fly.” The ad shows a variety of users vibe coding a product idea. One asks for a companion app; another puts their request on “Extra High” mode. A third seems to be developing a video game.The name of that game echoes the title of the ad: “Time to Fly.” Eagle-eyed viewers found and played the game online — and won some free AI tokens.The “Time…

When I visited Red Lobster’s Times Square location in March for the first time since the chain’s bankruptcy filing, I came away with an unexpected conclusion: Red Lobster is getting better.Inside, servers bustled between a few packed tables carrying steaming Cheddar Bay biscuits, shrimp platters, and seafood pasta dishes. The food was tastier, the portions were big, and the chain finally seemed to understand what customers wanted: quality food and exciting new menu offerings that felt worth coming back for.Still, despite these promising updates under new CEO Damola Adamolekun, the sprawling restaurant felt noticeably quiet for Times Square during the…

Searching for a job can be brutal. Finding the right talent in a sea of résumés is an HR headache. Neither employers nor workers are happy with the status quo, which is the tension behind Indeed’s new brand campaign, “Jobs Need People”.Produced with creative agency 72andSunny, the campaign features warm images of workers in a wide range of job functions engaging with customers and colleagues. Indeed’s message is focused on its AI-powered matching tools that it says help people and companies find each other.”Jobs Need People” is a reminder that while AI can streamline the process, hiring must always remain…