Author: Editor

Jamie Dimon, chief executive officer of JPMorgan Chase & Co., during the America Business Forum in Miami, Florida, US, on Thursday, Nov. 6, 2025. Eva Marie Uzcategui | Bloomberg | Getty ImagesJPMorgan Chase on Tuesday posted first quarter results that topped expectations on stronger-than-expected fixed income and investment banking revenue.Here’s what the company reported:Earnings: $5.94 a share vs. $5.45 LSEG estimate Revenue: $50.54 billion vs. $49.17 billion estimate The company said net income rose 13% to $16.49 billion, or $5.94 a share. Revenue rose 10% to $50.54 billion.The bank’s fixed income trading revenue jumped 21% to $7.08 billion, or about…

Rising fuel prices are squeezing some American small businesses in ways that go far beyond the pump. Loading audio narration… When Wonderstate Coffee raised prices last quarter as coffee bean costs rose, it wasn’t expecting its import costs to spike less than three months later.The Wisconsin-based coffee roaster is one small business feeling the effects of the US and Israel’s war with Iran, which has sent fuel prices skyrocketing past $100 for a barrel of oil and interrupted supply chains.Wonderstate co-owner Caleb Nicholes told Business Insider that the company’s import rates have increased by 5% to 8% amid soaring fuel…

The Molotov cocktail attack on Sam Altman’s house last week underscored a growing worry for CEOs: staying safe at home. Loading audio narration… The incident on Friday outside the OpenAI chief’s San Francisco residence shows how business leaders can be targeted beyond fortified corporate offices, security veterans told Business Insider.”This attack is just shedding light on the fact that you’re even more vulnerable outside of the office,” said Don Aviv, CEO of Interfor International, a security consultancy.That risk stems in part from how easy it is now to identify where executives live and who they’re connected to. Social media can…

This as-told-to essay is based on a conversation with Vivienne Hnin, a junior at the University of North Carolina at Chapel Hill who will be interning at AI-native startup Utilyst this summer. Her employment and identity have been verified by Business Insider. The following has been edited for length and clarity. Loading audio narration… I came to Chapel Hill in 2023 as an international student enrolled in pre-med.My country, Burma, was on the travel ban list last year, so I couldn’t go home and had to find a summer job. As a biology major, I didn’t have a lot of…

This as-told-to essay is based on a conversation with Rebecca Minkoff, a 45-year-old fashion designer, cofounder of the Female Founder Collective, and former “Real Housewives of New York City” cast member. It has been edited for length and clarity.My public image is, I think, very glamorous. In reality, there’s a lot of nitty-gritty dirty work in a typical day.At work, I’m still trying to track down traveling road reps, just like I was 20 years ago. For the Female Founder Collective, my network of women-led businesses, I send most of the emails myself.At breakfast time, I become a short-order cook…

The AI boom is redrawing America’s data center map. Loading audio narration… Texas and the Midwest are emerging as the key hubs for the largest and most powerful data centers for cloud and AI computing, shifting the industry’s nexus away from Northern Virginia, a new report shows.The two regions accounted for one-third of hyperscale data center capacity at the end of 2025, according to Synergy, an IT market research firm.The two regions will account for 53% of new hyperscale data center capacity coming online in the next few years.Northern Virginia has long served as Big Tech’s primary data center hub.…

This as-told-to essay is based on a conversation with Tricia Redulla, cofounder of Sky and Sol. It has been edited for length and clarity. Loading audio narration… In 2023, my boyfriend Max hiked Mount Kilimanjaro. We had both been focused on improving our health, and the hike was a major accomplishment for him. On it, however, Max couldn’t find a sunscreen that protected him without irritating his skin.When he came back to our Austin apartment, we started brainstorming ideas for a tallow-based sunscreen. At the same time, we were considering traveling when our lease ended. Somewhat surprisingly, the two ideas…

AI training is booming — and LinkedIn wants a piece of the pie. Loading audio narration… The careers networking site is in the early stages of launching an “AI labor marketplace” where people can make up to $150 an hour training AI chatbots to get better at everything from coding to nursing to finance, LinkedIn confirmed to Business Insider.A spokesperson for LinkedIn, which is owned by Microsoft, said AI training is one of the fastest-growing jobs in the US right now and that it’s doing early testing.AI trainers are humans who help improve chatbots by rating their answers and testing…

Americans are feeling despondent about gas. Loading audio narration… It’s a dour time for consumers — in April, the University of Michigan’s Consumer Sentiment Index, which surveys consumers on how they feel about current and future economic conditions, hit an all-time low.It turns out that one small (or not-so-small) number has a lot of sway over how Americans feel about the economy: Gas prices. In recent years, there’s been a pretty solid relationship between gas prices and consumer sentiment: When it’s more expensive to fill up the tank, Americans tend to report more dire feelings about economic conditions and where…

Khartoon Weiss, the former lead executive for TikTok’s North American ads business, is joining Google. Loading audio narration… She’ll serve as vice president of US Mid Market Sales (MMS), Commerce, according to a memo sent to Google employees on Monday.MMS typically handles medium-sized advertising clients for Google. The commerce team looks after retailers, e-commerce companies, and some other brick-and-mortar clients, such as doctors and automotive showrooms.”This is a huge addition to this team and to Google as Khartoon brings vast leadership experience across our industry,” wrote a memo from John Nicoletti, VP of customer solutions at Google.Weiss will report to…