Author: Editor

This as-told-to essay is based on a conversation with Sunny Jiang, the 41-year-old CEO and president of EyeBuyDirect, based in New York. It’s been edited for length and clarity.I grew up in Anhui Province, China, and earned my bachelor’s degree in finance and economics. I joined EyeBuyDirect in 2007, starting in an entry-level role in the finance department. After eight years of working full time, I did my master’s in Shanghai.I was drawn to EyeBuyDirect’s mission and digital-first model, and I saw a unique opportunity to grow with a brand. Over time, I assumed additional responsibilities in operations, product development,…

We’ve all been there: You’re shopping online, amass a full cart, and check out.You’re over budget, but chances are those jeans won’t fit right or that jacket will be too similar to the one you already own. At least one thing will end up in the return pile in your corner and make its way back to the seller.E-commerce — with its ease of purchase and lack of trying on — has led to ballooning returns. About 20% of items purchased online are expected to be returned this year, according to an October report by the National Retail Federation.Most of…

As hardcore work culture surges, many companies are demanding their employees return to the office for more and more days. Life360 is fine staying at home.Much has changed for the family tracking app company since its 2024 IPO, including naming Microsoft and GoDaddy alum Lauren Antonoff as its new CEO. Antonoff was previously COO.One thing that hasn’t changed is its remote work policy. In an interview with Business Insider, Antonoff said that the company was “remote-first” and that it wouldn’t be changing anytime soon.”The secret of making remote work isn’t better online meetings, it’s more in-person meetings,” Antonoff said. “Life360…

It’s been a few weeks since Amazon announced plans to cut 14,000 corporate jobs, but many laid-off employees are still coming to terms with it.While the original announcement cited a need to be leaner in the age of AI, CEO Andy Jassy later said, “It’s about culture.” Business Insider spoke with six former Amazon employees who lost their jobs in the latest round of layoffs. One was an anonymous single parent who said they’d just moved to Seattle in June due to the company’s return-to-office mandate — only to be laid off. Another, an anonymous former product manager, said he…

The core of the modern American dream is cheap stuff, and contrary to the president’s suggestion earlier this year, it turns out little girls do need 30 dolls. Or, at least, their families want to be able to afford them, and they don’t want the White House telling them otherwise.The Trump administration’s line on its economic policies in the opening months of the president’s second go-round was, in essence, deal with it. Yes, tariffs will cause short-term pain, and sure, efforts to reshore manufacturing and curb immigration may increase labor-market uncertainty, but, officials insist, it will all be worth it.…

New York City’s next mayor, Zohran Mamdani, promised free childcare to New Yorkers. New Mexico might be writing the blueprint.New Mexico’s new policy, which took effect on November 1, made childcare access universal to parents across the state by eliminating income limits and copays for childcare. Childcare workers are also slated to get a raise.It could be a model for New York City. Mamdani proposed expanding childcare in the city, starting with creating more slots for kids from six weeks to 5 years old. Some of the city’s business executives agreed with his proposal for universal childcare, even if they…

Zohran Mamdani doesn’t want you to shop at Starbucks right now.The New York City mayor-elect is urging people not to patronize the iconic coffee chain while baristas remain on strike.”Starbucks workers across the country are on an Unfair Labor Practices strike, fighting for a fair contract,” Mamdani wrote on X on Thursday evening. “While workers are on strike, I won’t be buying any Starbucks, and I’m asking you to join us.”The open-ended strike coincided with Red Cup Day, when the chain offers free reusable holiday cups to customers. Historically, it’s driven record sales for the company.On Thursday, when the strike…

2025-11-15T22:17:01.238Z 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. Gourmet grocer Meadow Lane opened in New York on Friday to a line of waiting customers. Some spent more than $250, largely on prepared foods, and had been following the store on TikTok. We saw how much social media can influence our purchasing decisions — and the everlasting power…

As Mayor-elect Zohran Mamdani prepares to take office this January, his transition team cochair, Lina Khan, is shedding light on how he could tackle “corporate lawbreakers.”During an episode of “The Weekly Show with Jon Stewart” on Thursday, the late-night host asked Khan how much the mayor influences policies.”So there are going to be certain provisions where he’s going to need to have to work closely with city council or with the governor, including relating to some of what the tax proposals could be, but there are agencies within his jurisdiction that the mayor has stand-alone authority to sue,” Khan said.…

A newly public financial disclosure filing has put a spotlight on the stock trades of one of the Federal Reserve’s recently departed governors.Adriana Kugler — who stepped down from her post as the Fed’s governor in August after being appointed in 2023 — filed a financial disclosure form that ethics officials declined to certify and referred to the central bank’s inspector general’s office for review.The report, which Kugler filed with the US Office of Government Ethics in September, lists trades that she or her spouse repeatedly made in individual company stocks — including Apple, Cava Group, Southwest Airlines, and Caterpillar…