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Getty Images; Alyssa Powell/BI 2025-11-12T17:53:08.895Z 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. Each quarter, corporate America opens its books, and the numbers tell the story. Earnings reveal which companies are thriving, which are struggling, and where the economy is headed next.Business Insider’s “Spotlight: Earnings Season” is your go-to destination for the latest analysis from the top market…

Rep. Ted Lieu says House Democrats are “staying strong,” will vote no on funding bill – CBS News Watch CBS News The House is set to vote on legislation to end the government shutdown on Wednesday evening. Democratic Rep. Ted Lieu of California joins “The Takeout” to break down the opposition to the bill. Source link

OpenAI launched a new public salvo against The New York Times on Wednesday, accusing it of trying to invade its users’ privacy by demanding 20 million ChatGPT logs.What the company didn’t mention is that it already lost that battle in court.On Wednesday, OpenAI published a statement authored by its chief information security officer, Dane Stuckey, titled “Fighting the New York Times’ invasion of user privacy.”Stuckey wrote that the publication’s demand for users’ ChatGPT logs, which it asked to review as part of its copyright infringement lawsuit, “disregards long-standing privacy protections” and “breaks with common-sense security practices.””Journalism has historically played a…

Updated 2025-11-12T17:10:29.038Z 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. Companies continue to leave Delaware, a state historically known for being business-friendly. Elon Musk inspired the exodus in 2024 when he reincorporated SpaceX in Texas. Coinbase was the most recent major company to announce its intention to leave the state. Delaware was once the go-to state to incorporate.…

New York City Mayor-Elect Zohran Mamdani, a democratic socialist, and a business-backed budget watchdog agree: The government should deliver high-quality services. Where they differ is whether to raise taxes on the rich and businesses to do it. “He needs to focus on the priority programs that deliver, including his new programs, and be willing to shrink the ones that don’t deliver value to New Yorkers no matter how popular they are,” Andrew Rein, president of the Citizens Budget Commission, said in an interview. “We have to be very careful about the cost of government and the cost of taxes.”The CBC laid…

President Donald Trump’s idea of mailing $2,000 “dividend” payments from tariffs to U.S. citizens marks a throwback to the stimulus checks distributed during the COVID crisis, with similar economic risks.After floating the idea of tariff dividend payouts for months, Trump on Sunday offered the specific amount of “at least $2,000 a person.” He said the recipients wouldn’t include high-income individuals, without specifying a threshold.While the president has repeatedly touted the billions raised in tariff revenue this year, such a plan — which would likely require congressional approval — could cost the U.S. government double what it’s projected to take in…

YouTube TV subscribers are dealing with one of the longest blackouts in recent history, but there’s reason to believe the Disney-Google beef could end soon.Disney and YouTube haven’t budged in a standoff over how much TV networks like ESPN and ABC are worth. Both sides are playing the blame game, with Disney accusing Google-owned YouTube of abusing its market power, and YouTube saying the Mouse House is pushing rates that will force it to hike prices again.This blackout is now on its 13th day, which ties the Disney-DirecTV stalemate in 2024 for Disney’s longest dispute. Disney had previously taken its…

Toyota display is seen at the New York International Auto Show on April 16, 2025. Danielle DeVries | CNBCToyota Motor on Wednesday said it has started production at a new $13.9 billion battery plant in North Carolina and confirmed plans to invest up to $10 billion more than previously expected over the next five years in the United States.The Japanese automaker did not release details about the increased investment other than Toyota Motor North America CEO Tetsuo Ogawa calling it a “pivotal moment” in the company’s history along with the new battery plant, according to a release.The facility is Toyota’s…

Software engineers don’t just code; they plan, design, and can even manage teams. One former Uber engineer leader advises tech workers to stay close to the fundamentals.Joakim Recht spent nearly nine years climbing Uber’s engineering ladder, from senior software engineer to distinguished engineer. On “The Peterman Pod,” Recht said that all engineers — even those in management positions — should be writing code.”A software engineer needs to write code,” Recht said. “I know that some people find that pretty controversial for some reason.”The engineering philosophy applies to “any level,” Recht said. “If your title includes engineer, you should be writing…

Step aside, Elon Musk vs. Sam Altman. There’s a new beef in the business world, and it centers on the stock market’s biggest question: Is the AI boom a bubble?Michael Burry of “The Big Short” fame and Palantir CEO Alex Karp have been trading barbs after the investor revealed he bet on Palantir’s stock to plunge last quarter.The pair’s clash boils down to a fundamental difference in views that’s a microcosm of the market’s big divide.Burry’s assessment is that AI is a bubble, and the valuations of companies like Palantir are way out of whack. Karp’s perspective is that Palantir…