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The most at-risk job these days is the one that’s just managing other people. Loading audio narration… Managers got a stark reminder of how close they are to the endangered species list on Tuesday. Coinbase announced it’s cutting 14% of its staff, roughly 700 employees, and singled out managers.CEO Brian Armstrong’s letter to staff had lots of the tell-tale signs of a 2026 layoff announcement: AI, tiny teams, and adapting to a volatile market. (Next time, just use my Mad Libs for AI-driven layoffs.)Particularly noticeable in Armstrong’s vision for Coinbase was the lack of managers. The concept of a “pure…

Warren Buffett’s Berkshire Hathaway is harnessing AI to parse customer feedback, take drive-thru orders, localize toys, and free workers from administrative tasks. Loading audio narration… Business Insider spoke to the CEOs of four Berkshire subsidiaries — Dairy Queen, Jazwares, Brooks Running, and See’s Candies — about their embrace of AI at Berkshire’s annual shareholder meeting in Omaha last weekend.”We don’t want to use AI just to say we’re using AI,” Dairy Queen CEO Troy Bader said, echoing Greg Abel, who succeeded Buffett as Berkshire’s CEO at the start of this year.Abel said during a Q&A at the annual meeting that…

Americans are drinking less alcohol than they have in decades, and beer is feeling the hit. Loading audio narration… The FIFA World Cup 2026 is a huge opportunity to get Americans chugging again.Molson Coors North America CMO Sofia Colucci told me the company is making its largest media investment in a live sporting event in the last decade — despite not being an official World Cup sponsor.Mediaocean, a platform that manages ads across TV and digital, said the beer category is spending 20 times as much on advertising for this year’s tournament versus Qatar 2022.Hosted across the US, Canada, and…

Yahoo’s Scout is a latecomer to the AI search party — but its creators have a vision for how it can stand out. Loading audio narration… The Scout launch is one of the 31-year-old internet-media company’s “top priorities” this year, as it hopes to inspire a cohort of new and existing users to think of Yahoo as a trusted source of information, CMO Josh Line told Business Insider.Launched in beta in January, Scout is built on Anthropic’s Claude and Microsoft’s “Grounding with Bing” search tool. It draws its answers from the open web and the Yahoo portfolio, which includes 500 million…

When Klarna CMO David Sandström had to navigate his organization through a rough period of budget cuts, he didn’t hold a town hall to smooth the internal friction. He created an AI version of himself to take the heat instead. Loading audio narration… Speaking on a recent webinar hosted by the AI company ElevenLabs, Sandström described his digital replica as an internal “venting machine.”He said he told his team, “I believe that people are probably quite pissed with me, and I would like to give them a way of expressing that without having to send me angry Slack messages.”The AI…

The supplement industry has seen booming demand over the past few years as consumers increasingly focus on health and wellness.Along with that, wearable patches have become more mainstream, with brands like The What Supp Co and The Good Patch marketing products that they say deliver the same results as oral vitamins without having to swallow pills.One company, Barrière, says it’s bringing something new to the table. It currently has an offering of patches that offer consumers help on everything ranging from sleep to energy boosts to immune support.CEO and co-founder Cleo Davis-Urman told CNBC exclusively that the company is projecting…

Burger King fast food hamburger restaurant in Miami, Fla. Jeff Greenberg | Universal Images Group | Getty ImagesRestaurant Brands International on Wednesday reported better-than-expected quarterly earnings and revenue, fueled by another quarter of strong international growth and a successful turnaround at Burger King U.S. Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG:Earnings per share: 86 cents adjusted vs. 82 cents expectedRevenue: $2.26 billion vs. $2.24 billion expectedRestaurant Brands reported first-quarter net income attributable to common shareholders of $338 million, or 97 cents per share, up from $159 million, or 49 cents…

How do gas prices in your state stack up against the rest of the country? Business Insider created an interactive map so you can find out. Loading audio narration… Gas prices have been climbing steadily since late February.The national average was $2.98 a gallon on February 27, according to AAA, and surged over $4 by March 31 — where it has remained since.So far, states on the West Coast have been hit the hardest by rising gas prices. California’s average first topped $6 a gallon on April 30.Some central states like Oklahoma and Kansas have consistently posted the lowest averages…

In April, Andreessen Horowitz — a venture capital firm that is also a media maverick — announced its latest investment: a news company called Monitoring the Situation, or MTS. Billed as “the first timeline-native news network that’s always on,” it promised a 24/7 firehose of “what’s happening RIGHT NOW,” broadcast live to the scrolling masses on X.The announcement came just weeks after OpenAI acquired the popular tech podcast TBPN for a reported nine figures, and a year after Andreessen Horowitz, or a16z, acquired the tech podcast network Turpentine, both apparent efforts to shape the narrative about the tech industry. Silicon…

Josh D’Amaro, chairman of Disney Experiences, speaks during the grand opening ceremony of Shanghai Disney Resort’s Zootopia-themed land on December 19, 2023 in Shanghai, China.Vcg | Visual China Group | Getty ImagesDisney will release its fiscal second-quarter results before the bell Wednesday. It will mark the first earnings call led by Josh D’Amaro since the former parks executive took over as CEO in March. Under the new CEO, who replaced Bob Iger after his two turns at the helm totaling roughly 20 years, Disney has already been through a round of layoffs and has faced mounting political pressure surrounding its…