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This as-told-to essay is based on a conversation with Kyle Elliott, 33, a career coach who lives in California. The following has been edited for length and clarity.Getting laid off is very traumatic — and it’s becoming more common.I’ve been a full-time career coach to tech employees at startups and in Big Tech since 2017, and I’ve seen how layoffs have become more visible in recent years.I help clients navigate life after a layoff, including what role they want next and how to apply for new jobs.Amazon has announced new plans to cut staff, and I want affected employees to…
People walk onto an escalator under a Starbucks coffee sign in Manhattan on Dec. 2, 2025 in New York City. Spencer Platt | Getty ImagesStarbucks is expected to report its fiscal first-quarter earnings on Wednesday before the bell.Here’s what Wall Street analysts surveyed by LSEG are expecting the company to report:Earnings per share: 59 cents expectedRevenue: $9.67 billion expectedAnalysts are also anticipating that Starbucks had a successful holiday season. In November, about halfway through the quarter, CEO Brian Niccol said the company had its biggest-ever sales day in North America on the launch day for its holiday menu. Starbucks’ same-store…
OVER THE PACIFIC OCEAN — The 112 passengers on this Southwest Airlines red-eye flight from Honolulu to Los Angeles were the last in the airline’s more than 54-year history to scramble for a seat on board.Before dawn on Tuesday, Southwest ended its quirky (or anxiety-inducing, depending on the traveler) open-seating policy in favor of assigned seats for all customers as the carrier that prided itself on marching to its own drum becomes more like its rivals, under pressure to increase revenue.The change means that all Southwest passengers will know exactly where they will be sitting before they board, and some…
Starbucks’ comeback is taking shape — and a leaked internal organizational chart shows exactly who CEO Brian Niccol is relying on to build on the momentum.The chart from early January, obtained by Business Insider, lays out the people who report directly to the CEO, including several longtime Niccol allies from Chipotle and Taco Bell, as the coffee giant’s “Back to Starbucks” turnaround gains traction and its stock starts to rebound.Since Business Insider viewed the chart, the company has made some leadership changes. Most notably, Anand Varadarajan started as chief technology officer on January 19, reporting to Niccol. Business Insider was…
It’s no secret that expensive gyms and fitness classes are filled with people who work in high-paying industries like finance and tech.But why? Does that sauna really warrant paying an extra few hundred bucks a month in membership fees?According to Wall Streeters we spoke with, membership at places like Equinox or Life Time isn’t about the amenities per se. Instead, members are buying two intangible benefits: the chance at networking and social status.While networking at the gym might sound hellish to some, it’s not necessarily like you’d imagine it. Gyms will actually set up designated networking events for members, said…
Border Patrol police disperse pepper spray at demonstrators, Sunday, Jan. 11, 2026, in Minneapolis. (AP Photo/Jen Golbeck) Jen Golbeck/AP/FR172329 AP hide caption toggle caption Jen Golbeck/AP/FR172329 AP President Trump has reshuffled the leadership of his immigration enforcement surge in Minnesota in the face of wide-spread anger over two fatal shootings of U.S. citizens by federal agents. Operation commander Gregory Bovino is out, and Trump is sending Border Czar Tom Homan to take over. But it’s not clear changes at the top can solve a more basic problem: the immigration agents flooding the Twin Cities are generally less experienced in urban…
Idaho National Laboratory/Collage by Joan Wong for NPR The Trump administration has overhauled a set of nuclear safety directives and shared them with the companies it is charged with regulating, without making the new rules available to the public, according to documents obtained exclusively by NPR. The sweeping changes were made to accelerate development of a new generation of nuclear reactor designs. They occurred over the fall and winter at the Department of Energy, which is currently overseeing a program to build at least three new experimental commercial nuclear reactors by July 4 of this year. The changes are to…
Prediction markets are getting a bad rap amid concerns about insider trading. Now, some of them are fighting back.The Coalition for Prediction Markets, which includes companies like Kalshi, Coinbase, and Robinhood, took out a full-page ad in the Washington Post on Wednesday.The ad highlights the companies’ support for a ban on insider trading on prediction market platforms and calls on Congress to work with them to “keep prediction markets safe and transparent.””CFTC regulated prediction markets (already) ban insider trading,” the ad reads. The ad appearing in the Washington Post on Wednesday. Coalition for Prediction Markets A spokesperson for the coalition…
LVMH CEO Bernard Arnault started a Tuesday earnings call with some dry humor, telling investors that his company will see the end of winter.The French luxury tycoon, who is worth $197 billion, announced the company’s full-year 2025 results during a call with investors.”I’m delighted to present to you the figures for 2025, to begin with a good piece of news,” he said. “I think we’ll make it through the winter.”He said that LVMH’s results were “solid” in a challenging geopolitical and economic climate, and the company has “managed to get through this period.””2026 won’t be simple either, but one thing…
This CEO says that when you’re signing up to work at his startup, you’re in for a ride.On an episode of the “20VC” podcast released on Monday, the CEO of the $2 billion legal AI startup Legora shared an interview question he asks candidates to gauge their cultural fit.”I still interview everyone, so I ask quite brutal questions about, ‘Why take a hard job? You could go work somewhere else,'” Max Junestrand said.The Swedish startup competes with San Francisco-based Harvey, which has a valuation of $8 billion.”I try to create missionaries, not mercenaries,” Junestrand said, referring to an analogy coined by Kleiner…