Subscribe to Updates
Subscribe to our newsletter and never miss our latest news
Subscribe my Newsletter for New Posts & tips Let's stay updated
Subscribe to our newsletter and never miss our latest news
Subscribe my Newsletter for New Posts & tips Let's stay updated
A Pinterest executive who worked at Meta said there’s one thing she looks for in potential hires: how they talk about failure.Ayumi Nakajima began her career at Nielsen before taking on a leadership role at Meta — then Facebook — in 2013. She joined Pinterest in 2015, where she’s now a senior director in Singapore, heading its Asia-Pacific content partnerships.She leads a team of about 20 people across APAC and has interviewed several hundred candidates throughout her career.Nakajima said she pays close attention to how potential hires respond to the interview question: “What are some failures you have experienced?”She said…
This as-told-to essay is based on a conversation with Tahmina Watson, a business immigration lawyer in Seattle. Business Insider has verified Watson’s employment history with documentation. The following has been edited for length and clarity.I’m a business immigration lawyer, and in my day-to-day work with clients, I’m seeing immigration disruptions with immediate consequences, including H-1B visa holders who are outside the US being uncertain if they can return.My law firm, Watson Immigration Law, assists founders and businesses in navigating the employment visa application process. It appears that, at this time, the administration is coordinating the rescheduling and delay of immigration…
A federal judge’s ruling clears the way for Hawaii to include cruise ship passengers in a new tourist tax to help pay for the impacts of climate change, a levy set to go into effect at the start of 2026.U.S. District Judge Jill A. Otake on Tuesday denied a request seeking to stop officials from enforcing the new law on cruises.In the nation’s first such levy to help cope with a warming planet, Hawaii Gov. Josh Green signed legislation in May that raises tax revenue to deal with eroding shorelines, wildfires and other climate problems. Officials estimate the tax will…
2025-12-24T19:35:51.874Z Share Copy link Email Facebook WhatsApp X LinkedIn Bluesky Threads lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. CBS News chief Bari Weiss sent a memo to staff defending her decision to hold a “60 Minutes” piece. Weiss made the decision to pull a segment on the CECOT prison shortly before it was due to air. She said winning back public trust in the news sometimes means…
When Washington Governor Bob Ferguson proposed the state’s first income tax in modern history, he said the word “affordability” five times. Processing ContentFerguson on Tuesday asked the legislature to craft a 9.9% tax on personal income over $1 million, which would revolutionize a state revenue system heavily reliant on sales and property tax. Although his fellow Democrats have for decades failed to push through an income tax, Ferguson said it’s “a different time right now.””We are facing an affordability crisis,” Ferguson said. “It is time to change our state’s outdated, upside-down tax system. To serve the needs of Washingtonians today, to…
The job market is brutal right now, and there’s growing concern that 2026 could see more layoffs. However, Morgan Stanley says that many companies may be able to avoid having to slash head count. The bank’s chief US economist, Michael T. Gapen, and his team wrote on Tuesday that the US economy may be able to avoid widespread layoffs in 2026 but only if companies continue hiking prices, after already raising them throughout 2025. The cost of avoiding layoffsRising layoffs and sticky inflation were two of the big macro themes that defined 2025. According to Gapen and his team, companies…
Red Lobster’s new CEO, Damola Adamolekun, came with a plan to turn the company around. First, however, he’d have to lift spirits.By May 2024, the lobster chain had gone bad. Its private equity owners had saddled the company with expensive leases, labor costs were rising, and promotions like “Endless Shrimp” were bleeding money. The company shuttered dozens of locations and filed for Chapter 11 bankruptcy.Then came the acquisition by a buyer group led by Fortress Investment Group, followed by the installation of Adamolekun as CEO. On Fortune’s “Next to Lead” podcast, the new leader said his first days were tough.”It’s…
Bloomberg via Getty Images The Internal Revenue Service has opened a 90-day public comment period, ending March 22, for proposed updates to its Voluntary Disclosure Practice, including a more streamlined penalty framework. Processing ContentUnder the proposed framework, taxpayers who are conditionally approved to participate in the program must, within three months: File amended or delinquent income tax returns, international information returns and Reports of Foreign Bank and Financial Accounts (FBARs); Pay all taxes, penalties, and interest in full; and, Execute the required agreements to finalize participation. The disclosure period will generally cover the most recent six years for delinquent and amended returns. Taxpayers who comply…
Making plans with your friends should be easy.However, between the various group chats, stacked schedules, and endless distractions, those plans can often fall to the wayside.Enter Rodeo, a new app from former C-suite executives at dating app Hinge. Cofounders Sam Levy (who was Hinge’s COO) and Tim MacGougan (CPO), who are both parents, know firsthand how difficult it can be to make plans.Rodeo’s mission is to “help friends be better friends with their friends,” CEO Levy told Business Insider in an interview.The startup, founded in 2023, recently launched a beta version of its app on Apple’s App Store. It doesn’t…
Citigroup has also been aggressively accelerating its AI plans. Over the summer, the bank doubled down on its AI ambitions with new leadership at the helm of its tech transformation.In mid-October, Citi CEO Jane Fraser said that nearly 180,000 employees in 83 countries have access to the bank’s proprietary AI tools and have used them almost 7 million times this year.Its generative AI tools have saved 100,000 developer hours a week with automated code reviews — “a very meaningful productivity uplift,” she said during the firm’s third-quarter earnings call.The bank launched the pilot of agentic AI for 5,000 colleagues in…