Author: Editor

Goldman Sachs’ top diversity official has left for a rival in recent weeks, multiple people familiar with the matter told Business Insider. Her exit comes as Wall Street retreats from long-stated DEI pledges about hiring and career advancement.Megan Hogan, Goldman’s global co-head of talent left in January for Morgan Stanley, several people familiar with the matter said. Hogan, who joined the firm nearly 12 years ago, held the title of chief diversity officer until early 2025 before taking on the broader talent position for the past year.Hogan confirmed the move via email on Tuesday, telling Business Insider that Morgan Stanley…

President Donald Trump praised the impact of the One Big Beautiful Bill Act that Congress enacted last year and the tariffs that the Supreme Court ruled unconstitutional during his State of the Union address, while promoting the new Trump Accounts and proposing a new government-matched investment account for Americans who haven’t been saving for retirement.Processing Content”Last year, I urged this Congress to begin the mission by passing the largest tax cuts in American history, and our Republican majorities delivered so beautifully,” said Trump during Tuesday night’s one-hour and 47-minute speech, the longest on record for a State of the Union…

With the Internal Revenue Service transitioning out of its Filing Information Returns Electronically, or FIRE, system and into its new Information Returns Intake System next year, tax practitioners need to check with their vendors to make sure they’re ready for the changeover. But they should also see what is happening with their respective state governments too. Processing ContentWendy Walker, vice president of regulatory affairs for indirect taxation solutions provider Sovos, noted that state governments, which often rely on the IRS for information, have been formatting their returns for the FIRE system since the 1980s, when it first launched. With that system…

This will be the final year that the Internal Revenue Service will be accepting returns on its Filing Information Returns Electronically system before fully transitioning over to its new Information Returns Intake System, or IRIS. Most accounting firms rely on third-party providers for these purposes and so are unlikely to notice the change, but behind the scenes, those same third-party providers have been working very hard to ensure the transition runs smoothly so that practitioners can continue to not notice the change. Processing ContentThe IRS’s FIRE system has been around since the 1980s. Wendy Walker, vice president of regulatory affairs for…

Chairman & CEO Paramount David Ellison attends the UFC 324 event at T-Mobile Arena on January 24, 2026 in Las Vegas, Nevada. Jeff Bottari | Ufc | Getty ImagesIf there’s one thing that Paramount Skydance CEO David Ellison knows well, it’s an impossible mission.Ellison, producer of five of the “Mission: Impossible” films, has been trying to buy Warner Bros. Discovery for nearly six months. In September, he sent an initial, unsolicited offer to WBD, prompting the rival media company to explore a sale process that resulted in an agreement with Netflix to sell the famed Warner Bros. film studio and WBD’s…

Perplexity is escalating its legal row with the publishers of The Wall Street Journal and New York Post, telling a federal judge they are refusing to hand over their search histories on the AI startup’s platform.Perplexity, which was last valued at $20 billion, said in a motion filed February 24 in the US District Court for the Southern District of New York that Dow Jones “cherry-picked” responses from Perplexity’s internet search engine to support its copyright lawsuit.News Corp.’s Dow Jones and the New York Post sued the startup in 2024, alleging that it copied their content without permission or compensation…

I’ll be straight with you: My house is tiny. Charming, yes, but with two adults, two large dogs, and the hope of a future child, “cozy” had started to feel more like “cramped.”Add in our wonderfully loud, frequently visiting families, and it became clear that my hybrid home-office-second-bedroom wasn’t actually a suitable place to work.So, I started eyeing the sad little shed in our backyard — the one whose main purpose was to store holiday bins and things I didn’t want to think about — and came up with a plan.I moved our storage into a new, smaller shed, and…

Now available on your favorite food delivery app: restaurant reservations. The still-simmering reservation wars of the last decade could fully reignite this year, as a shifting tech landscape pits some of the biggest players against each other to capture businesses and users alike. Reservation incumbents, delivery app newcomers and premium credit card partnerships are all ramping up the fight for a shrinking pool of diners. Delivery giant DoorDash announced in June its $1.2 billion acquisition of SevenRooms, a reservation platform focused on direct bookings through a restaurant’s own website. Several months earlier, UberEats and Booking Holdings’ OpenTable announced a partnership…

A Lowe’s store in Concord, California, US, on Monday, Nov. 17, 2025. David Paul Morris | Bloomberg | Getty ImagesLowe’s topped Wall Street’s quarterly revenue and earnings expectations on Wednesday, as the retailer’s sales grew more than 10% year over year even as the home improvement market’s struggles showed few signs of ending.On Lowe’s earnings call, CEO Marvin Ellison said the backdrop remains challenging for home improvement due to a mix of higher inflation, economic uncertainty and elevated mortgage rates.”A persistent lock-in effect remains in place, keeping housing turnover and new home starts under pressure, leading us to expect improvement…

A steak sandwich and French onion soup from Panera Bread Co. arranged in the Queens borough of New York, US, on Tuesday, Dec. 12, 2023. Bing Guan | Bloomberg | Getty ImagesPanera Bread is entering the so-called value wars with its new “Mix & Match” deals in a bid to win back price-conscious diners.The chain, known for its soups, salads and sandwiches, is in the early stages of a turnaround, with a focus on reinvesting in its business and reversing years of traffic declines. Once the top fast-casual brand in the U.S., Panera has fallen to No. 3, ceding the top…