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There’s a big question hanging over TikTok’s pending sale: What the heck is going to happen to the algo?Transferring the algorithmic magic of TikTok’s content-recommendation system is a key challenge facing Oracle’s Larry Ellison and a group of investors who the White House said are involved in a bid to buy TikTok’s US business as part of a $14 billion deal.”The algo is what makes TikTok great,” one current TikTok staffer said. “Will a retrain be as good?”The spin-off plan laid out by the Trump administration is simple on its surface. TikTok’s current owner, ByteDance, will hand over the keys…

People gather in support of minority voting rights outside the U.S. Supreme Court in Washington, D.C., on Wednesday. Claire Harbage/NPR hide caption toggle caption Claire Harbage/NPR The Supreme Court on Wednesday seemed headed for another ruling that undercuts the landmark 1965 Voting Rights Act. Once considered the jewel in the crown of the civil rights movement, the Voting Rights Act has been largely dismembered since 2013 by the increasingly conservative Supreme Court. The major exception was a decision just two years ago that upheld the section of the law aimed at ensuring that minority voters are not shut out of…

If there was one buzzword to capture banking chiefs’ mood during third-quarter earnings week, it was “pipeline.”In Wall Street parlance, that refers to the backlog of deals investment banks are readying to bring to market — and from mega-merger powerhouses like Goldman Sachs to equity underwriting giants like Morgan Stanley, everyone was eager to emphasize that their pipelines are finally beginning to flow again.Together, five of the biggest US banks reported broad-based improvement across advisory, equity, and debt underwriting — the first time in several years that deal activity has strengthened simultaneously across all three.”Our pipeline remains robust,” JPMorgan’s chief…

MrBeast, who built a brand on stunt videos featuring cash giveaways, wants to help his fans manage their money.The world’s top YouTuber, who has 445 million subscribers, is laying the groundwork to expand into financial services, according to a new trademark application and investor materials viewed by Business Insider.The application, filed with the US Trademark and Patent Office on October 13, lists plans for a “mobile app and online services for a range of banking, financial advisory, crypto exchange, and other services.” It would exist under the “MrBeast Financial” brand.The trademark application aligns with a 2025 fundraising pitch deck that…

2025-10-15T20:52:45Z 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. A Manhattan building that formerly housed JPMorgan’s offices has been converted into 1,320 apartments. The building offers amenities like recording studios, pools, and a sprawling gym. NYC leads the country in office-to-residential conversions, boosted by government incentives. Gazing out over New York Harbor from a poolside lounge chair on…

John Furner, Walmart U.S. CEO, speaks to CNBC’s Sara Eisen during the Invest in America Forum on Oct. 15, 2025.Aaron Clamage | CNBCManufacturing is seeing renewed attention from corporate America, with Walmart among the major companies publicly reaffirming its commitment to domestic production. At CNBC’s inaugural Invest in America Forum, Walmart U.S. CEO John Furner said the company is increasing its investments in U.S.-made products and suppliers, describing it as part of a long-standing, strategic priority. “Investing in U.S. manufacturing and U.S. operations, sure, it’s great for business, but it’s also great for employment. It’s great for jobs. It’s great for the…

A United Airlines Boeing 737-MAX 8 aircraft departs at San Diego International Airport en route to New York on Aug. 24, 2024.Kevin Carter | Getty ImagesUnited Airlines on Wednesday forecast higher-than-expected earnings for the fourth quarter after a rocky start to 2025.The carrier expects to earn between $3 and $3.50 a share for the last three months of the year, compared with analysts’ estimate of $2.86 a share.United has been expanding its flying capacity, while its rivals have scaled back some of their growth plans after a glut of flights weighed on fares this year. The airline increased capacity 7%…

New York mayoral front-runner Zohran Mamdani’s pledge to fund free childcare and bus rides by taxing the rich faces steep odds in Albany. But tax hikes may be coming for New Yorkers anyway, regardless of who leads City Hall.Several lawmakers say higher taxes are inevitable as the Empire State braces for billions in federal cuts to health and food aid under President Donald Trump’s new budget law. That could complicate Mamdani’s plan to get state lawmakers to fund his progressive agenda.Mamdani, who won the Democratic nomination on a platform to make the city more affordable, wants to raise $9 billion…

A judge plans to temporarily freeze the Trump administration’s firing of federal workers during the government shutdown.A lawsuit, filed by the American Federation of State, County, and Municipal Employees and American Federation of Government Employees in a Northern California District Court, alleges that the Trump administration’s staff cuts at government agencies are “unlawfully laying off employees during the shutdown, and improperly using the shutdown as the basis for the layoffs.”Bloomberg Law originally reported that Judge Susan Illston, who is overseeing the case, issued a temporary restraining order on the layoffs in a hearing on Wednesday, and the court’s clerk confirmed…

Albert Bourla, CEO of Pfizer, Charlie Scharf, Wells Fargo & Company CEO and Kathy Warden, Northrop Grumman Chair & CEO speak during the Invest in America Forum on Oct. 15, 2025.Aaron Clamage | CNBCWells Fargo CEO Charlie Scharf and Pfizer CEO Albert Bourla sounded the alarm Wednesday over the potential for the the U.S. to lose its competitive edge to China, but said artificial intelligence could help America maintain its lead.Speaking at CNBC’s inaugural Invest in America Forum in Washington, D.C., the two executives said that while the U.S. still leads in many sectors, inconsistent policy and underinvestment is ceding…