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A Boeing 777x is displayed during the International Paris Air Show at the Paris-Le Bourget Airport on June 20, 2023.Geoffroy Van Der Hasselt | AFP | Getty ImagesBoeing said Wednesday its jetliner deliveries drove it back into cash-positive territory for the first time in nearly two years, but it took a $4.9 billion charge on additional delays of its long-awaited 777X wide-body plane.Boeing is on track to deliver the most aircraft this year since 2018, before two crashes grounded its bestselling jetliner, the Covid pandemic hit supply chains and a host of manufacturing crises drove years of losses at the…

For more than two decades, Scott Payne lived in the shadows. As an undercover FBI agent, he infiltrated violent biker gangs and white-supremacist networks. These were criminals who trusted him, laughed with him, and would have killed him if they knew his true identity.Payne joined the FBI in 1998, having worked as a police officer in South Carolina for five years. Over the next 23 years, he built false identities so convincing that criminals treated him as one of their own. He earned invitations to secret gang meetings, shared beers with white supremacists, and watched as men planned murders in…

Paramount Skydance is laying off about 1,000 employees — and it’s only halfway done with its cuts.The David Ellison-run company began implementing long-expected layoffs on Wednesday.A source familiar with Paramount’s plans told Business Insider the company is eliminating 2,000 positions total, which means Paramount staffers should brace for roughly 1,000 more cuts. The timeline of the next round of job cuts is unclear.Ellison, the new Paramount Skydance CEO, officially informed employees that the cuts were coming in an internal memo sent on Wednesday at 6:27 a.m. ET. He didn’t specify the number of cuts in the memo, which was viewed…

Signage for a CVS pharmacy in Takoma Park, Maryland, US, on Wednesday, July 9, 2025. Al Drago | Bloomberg | Getty ImagesCVS Health on Wednesday reported third-quarter earnings and revenue that blew past estimates and raised its adjusted profit outlook, as the company sees strength in its insurance unit and retail pharmacy business. The quarterly results cap David Joyner’s first full year as CEO of the company, which struggled to drive higher profits and improve its stock performance under its last top executive, Karen Lynch. Joyner’s aggressive efforts to turn the flailing drugstore chain around – from executive reshuffling to cost…

Once upon a time, when most of the major banks were based in Manhattan’s financial district, there was a magical happy hour spot called Stone Street. Thanks to the city’s efforts to turn the area into a nightlife hub in the late 1990s, bankers would line the pubs on the cobblestoned street after the market closed.But in a post-COVID world, and with many banks having moved out of the financial district, is the allure still there?One Wednesday night in mid-October, I wandered down after work to find out.I arrived at around 4:15 p.m. — admittedly a little early — to…

Getting laid off can be scary. Knowing what to do when it happens can take away some of the fear — especially as big-name companies cut workers.In the immediate aftermath of getting let go, you’ll likely be in shock. So, it’s important not to sign any documents your former employer hands you right away and take time to process what has happened.When you’re ready to begin your search, it’s best to approach the hunt like, well, a job.”I wouldn’t dillydally in a market like this because it can take a long time,” Jennifer Schielke, the CEO of the staffing firm…

A federal agent, center, walks to his vehicle outside an ICE processing facility in the Chicago suburb of Broadview, Ill., on Oct. 21, 2025. Nam Y. Huh/AP hide caption toggle caption Nam Y. Huh/AP In a video shared on TikTok in September, a masked man in a tactical vest runs across a street in Chicago toward a Ford SUV. More people in tactical police vests get inside the vehicle, as an angry crowd forms around it, yelling profanities. “You guys are separating families,” one woman shouts at the car, which is flashing red and blue lights. “And for what?” The…

China’s grip on rare earths is so strong that it could take the West a decade to challenge the East Asian giant’s dominance over the critical minerals, according to Goldman Sachs.”China’s dominance is truly massive,” said Daan Struyven, Goldman’s co-head of global commodities research, in a podcast published Tuesday.He pointed out that roughly 92% of global rare-earth refining and 98% of the magnets made from those materials take place in China. That gives Beijing enormous leverage in trade disputes and making the market highly sensitive to policy headlines.Struyven’s comments come as President Donald Trump continues his trip across Asia, where…

This as-told-to essay is based on a conversation with Prakhar Agarwal, an applied researcher at Meta Superintelligence Labs. The following has been edited for length and clarity. Business Insider has verified his employment and academic history.I started my career at Apple in 2020. I spent five years there, then moved to OpenAI in the OpenAI API team. I moved to Meta Superintelligence Labs this summer when a lot of folks were making the shift.I was in graduate school at the University of Washington, specializing in machine learning, when I applied to Apple. Later, OpenAI, Meta, and a bunch of other…

2025-10-28T21:50:41Z 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. Amazon MGM Studios was affected as part of Amazon’s layoffs of 14,000 employees. Some big names impacted included a head of casting and TV execs. Amazon is in the early stages of harnessing AI for its entertainment arm. Amazon MGM Studios, the company’s TV and movie arm, was hit…