Author: Editor

Even as some of its agents were called away to support other federal operations, IRS Criminal Investigation had a banner year in Fiscal 2025, identifying $10.59 billion in financial crimes — almost 16% more than in 2024.Processing ContentAs part of that, according to its Fiscal Year 2025 Annual Report, IRS-CI uncovered $4.5 billion in tax fraud, an astonishing 111.8% more than the year before. It also issued 25% more search warrants, and referred 14% more cases for prosecution by the Department of Justice.While the unit spent the majority of its time (almost 64%) on tax crimes, it also investigated narcotics-related crime,…

2025-12-14T18:58:23.971Z Share Facebook Email X LinkedIn Reddit Bluesky WhatsApp Copy link 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. Powerball says its jackpot has climbed to about $1.1 billion ahead of Monday’s drawing. If someone wins, it will be the sixth-largest prize in Powerball’s history. Billion-dollar jackpots have become more common as more people buy tickets. For anyone hoping for a Christmas miracle, consider a Powerball ticket: The…

Most fears and hopes surrounding AI center on its ability to save on labor costs. Whether it’s Jamie Dimon predicting a three-and-a-half-day workweek, the chorus of CEOs saying that AI will help its workers get more done, or the research predicting potentially catastrophic white-collar job cuts, the focus is on efficiency.But at one investing firm, cost-cutting is practically a forbidden word.”The mandate across the company is don’t talk about using our resources in AI or tech to cut costs or create efficiencies,” Tide Rock CEO Ryan Peddycord told Business Insider.The firm has had AI engineers for two years, but they’re…

This as-told-to essay is based on a conversation between writer Jennifer Jane and her mom, Jane Post. It has been edited for length and clarity.After moving out of the home I loved and lived in for 31 years, it took me a few years to settle on a housing situation that suited me. I was used to living alone and liked it, but my home became too much work and responsibility once I reached my mid-70s, and I needed something different.I lived with a friend for a few months, then moved across the country from Florida to New York in…

Influencers have changed the way we shop, quite literally influencing the trends that hit, the brands we buy, and the items we covet.Affiliate marketing — a way to drive sales through links posted by creators or publishers — is expected to drive $216 billion in US e-commerce sales this year, according to data from EMARKETER.These links are a direct way to track the shopping that is actually inspired by influencers.ShopMy, a social commerce platform, enables creators to build shoppable landing pages and earn commissions from sales driven by their links on social media.More than 185,000 creators use the platform, and…

If all you want for Christmas is a job, don’t let the holiday fanfare slow down your search.Recruiters and hiring managers say a common misconception is that employers pause interviewing at the end of the year because decision-makers are all on vacation. In reality, they say hiring activity tends to hold steady, and in some cases, managers are pressed to fill openings before their talent-acquisition budgets reset in January.They need to “use it or lose it,” said Nicole Fernandez-Valle, lead talent acquisition partner at Miami-based Royal Caribbean Group. “This is still a pretty hardworking time for our recruitment teams.”Brian Fink,…

When Netflix executives first saw a glimpse of “White Horse” in 2018, they were blown away.Cindy Holland, who at the time oversaw the streaming service’s original content, read the script sitting in Keanu Reeves’ home, she said in court testimony earlier this month. “White Horse” was the brainchild of Carl Rinsch, who had previously directed Reeves in the big-budget “47 Ronin.”At the time, Rinsch had already created a trailer and six preliminary episodes of “White Horse,” funded in part with his own money. Holland testified she found the footage “stunning” and the script “really impressive.””I believed we should pursue the…

This as-told-to essay is based on conversations between Business Insider’s Liz Rowley and Jess Orwig with Lynne Austin, 64, the original Hooters Girl and a 42-year veteran of the company. It has been edited for length and clarity.I’ve been proud to be the original Hooters Girl since day one, when we didn’t even know we would be what we are today.I got involved with Hooters in 1983. I was 22, working as a telephone operator and doing bikini contests as a side gig. After winning a contest on Clearwater Beach, the secretary of Ed Droste, one of Hooters’ founders, approached…

Then-Michigan football coach Sherrone Moore walks off the field following a game Aug. 30, 2025, in Ann Arbor, Mich. Moore has been charged with three crimes, including felony home invasion and stalking, after prosecutors said he “barged his way” into the apartment of a woman with whom he had been having an affair. Al Goldis/AP hide caption toggle caption Al Goldis/AP ANN ARBOR, Mich. — Fired University of Michigan football coach Sherrone Moore “barged his way” into the apartment of a woman with whom he had been having an affair and threatened to kill himself after she reported the relationship…

Noah Schnapp, Caleb McLaughlin, Finn Wolfhard and Gaten Matarazzo star in Season 5 of Netflix’s “Stranger Things.”Courtesy: NetflixThe original concept for what would become “Stranger Things” was rejected by more than 15 studios before landing a spot on Netflix’s roster of original programming. A decade later, the show created, written and directed by Matt and Ross Duffer has become one of the biggest cultural touchstones of the streaming era and has solidified Netflix as not just a competitor, but a leader in the space.”People always talk about Netflix and [say] our big moment was when we’d put on ‘House of…