Author: Editor

New Yorkers got a little more visibility this week into when apps like Uber and DoorDash use algorithms to set prices.The state’s Algorithmic Pricing Disclosure Act took effect on Monday. Under the law, businesses have to tell customers when they are using their personal data, such as where they are and what they’ve purchased in the past, to determine prices.For some New York residents, the first sign of the new law was a message that popped up on their phone screen while ordering food delivery.On the DoorDash app, New York users got a notice that the new law “requires that…

Wall Street’s ubiquitous vests can elicit scoffs from those outside the finance world. But there’s one fashion accessory that divides opinions even within the industry: Banker bags.They’re standard, cylindrical gym duffels that are customized with a firm’s branding. Banks give them out to their employees when they first start. What’s there to dislike?A lot of it boils down to rank. More tenured bankers stick their noses up at the bags because they’ve become the unofficial signifier that one is an early-career analyst who hasn’t earned their stripes, yet is eager to show off where they work.”If you’re fresh out of…

This is an as-told-to essay based on a conversation with Jamie Siminoff, founder and CEO of Ring and a vice president at Amazon. Siminoff’s new book, “Ding Dong: How Ring Went From Shark Tank Reject To Everyone’s Front Door,” was released on November 10. Siminoff lives in Los Angeles with his wife and son. This story has been edited for length and clarity.I’m the founder and CEO of Ring and a VP at Amazon, and I have all the wrong routines.Here’s what a day in my life is like.Business Insider’s Power Hours series gives readers an inside look at how…

Logo of Swiss shoemaker On is displayed in a shop in Zurich, Switzerland, Aug. 28, 2025. Denis Balibouse | ReutersOn raised its full-year guidance for the third quarter in a row on Wednesday after the Swiss sportswear company posted another three months of double-digit growth, bucking a slowdown in the sneaker market. The company, known for its innovative approach to running shoes, is now expecting fiscal 2025 sales to reach 2.98 billion francs ($3.72 billion), up from its previous guidance of 2.91 billion francs, on a reported basis. On a constant currency basis, the company anticipates sales will grow 34% from…

President Donald Trump has a new fix to the affordability crisis — giving some of the tariffs you paid back to you.”People that are against Tariffs are FOOLS!” Trump posted on Truth Social on Sunday. “A dividend of at least $2000 a person (not including high income people!) will be paid to everyone.”Trump’s social media posts are not actual orders for the government to take any action, but the idea is already drawing attention.According to a November 10 analysis by the Committee for a Responsible Federal Budget, there would not be enough tariff revenue to fund Trump’s idea.”With our national…

Paramount Skydance is getting ready to welcome its employees back to the office five days a week.But first, Paramount staffers will be asked to work remotely from December 1 to January 2, so that the company can prepare for an influx of in-person workers.Paramount employees working at the company’s Times Square and Hollywood offices were instructed to clean and pack their belongings for storage by the end of the day on November 21, according to a memo from the “Paramount RTO Task Force” sent on Monday, which was viewed by Business Insider.”Most teams will stay in their current areas, although…

Former DocuSign CEO Dan Springer graduated from Harvard Business School, but he says holding an Ivy League degree won’t help his employees score a promotion during their annual reviews.”I’ll tell you what matters. It matters to me that people did something great,” Springer said in an interview with Business Insider.Springer was the CEO of DocuSign, the electronic signature company, from 2017 to 2022. In April, he left DocuSign’s board and joined Ironclad, a contract management software company, as CEO.Springer graduated with an MBA from Harvard Business School in 1991. He then joined McKinsey and worked at the consulting firm for…

A cashier scans groceries, including produce, which is covered by the USDA Supplemental Nutrition Assistance Program (SNAP), at a grocery store in Baltimore on Monday. Stephanie Scarbrough/AP hide caption toggle caption Stephanie Scarbrough/AP The Supreme Court on Tuesday extended an order blocking full SNAP payments, amid signals that the government shutdown could soon end and food aid payments resume. The order keeps in place at least for a few more days a chaotic situation. People who depend on the Supplemental Nutrition Assistance Program to feed their families in some states have received their full monthly allocations, while others have received…

Amy Bonitatibus, PayPal’s chief corporate affairs officer, shared in a video interview for CMO Insider how Venmo is playing ball with college athletes, and PayPal’s new opportunities in agentic commerce. Bonitatibus has been at PayPal since May, 2024 and held previous leadership positions at Wells Fargo and JPMorgan Chase.Following is an edited transcript and video of the interview.When you think PayPal, you think trusted, safe, secure, and dependable. And then you’ve got Venmo, which is this huge, culturally relevant brand. Few brands have the benefit of being a verb, and we take that very seriously.College sports was ultimately disrupted when…

TikTok is becoming a shopping powerhouse.TikTok Shop has been one of the fastest-growing brands in the US this year, according to a new Morning Consult report.The social-shopping app ranked third on Morning Consult’s list, just behind food-delivery app DoorDash and clothing brand Fruit of the Loom. It grew more quickly than other digital brands, such as ChatGPT (ranked ninth) and crypto exchange Coinbase (ranked 11th). It was the only social-media tool to rank in the top 20 this year.TikTok Shop’s growth in popularity shows just how much the social-commerce platform has managed to break through in a crowded US e-commerce…