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More than a century after its founding, Ford is trying to reinvent itself for the age of electric vehicles.As part of this process, CEO Jim Farley says he’s taken a page from Japanese rival Toyota to help him make decisions. “Every big decision I ever make, I go in person,” Farley told the “Decoder” podcast in an interview published this week.The hands-on management practice is called “gemba,” which Farley said he “fell in love with at Toyota,” where he started his automotive career. Gemba stems from the Japanese phrase “genchi genbutsu,” meaning “go and see with your own eyes,” Farley…
When Connor Diemand-Yauman popped the question to Rebecca Taber Staehelin, he got down on a knee and handed her a rose.His gesture drew the attention of others at the Italian food hotspot in San Francisco, where the colleagues were discussing how to structure their work partnership.”Everyone in the restaurant started applauding because they thought we were getting married,” Diemand-Yauman told Business Insider.What he was actually asking Taber Staehelin to formalize in 2019 was their decision to serve as co-CEOs of Merit America, a nonprofit they had founded the year before to help low-wage workers build skills and reach the middle…
This as-told-to essay is based on a conversation with Toby Brown, 16, from the UK. His visa, fundraising, and the fact that he left school have been verified by Business Insider. The following has been edited for length and clarity.On my 16th birthday, I found out that I’d raised $1 million for my AI project, Beem. Of course, I was excited, but first I had to work out if skipping exams and leaving school was even legal.Thankfully, my school was excited about what the news could mean for me. When I first told my friends I’d be going to Silicon…
When Emilie Karas bought an old, rundown house on a quarter-acre residential lot in Portland, Oregon, in early 2020, she never expected to replace it with four homes that would house nine people.That’s because, as Karas was in the middle of rebuilding her new house, the city legalized up to two backyard cottages, or, in housing policy speak, “accessory dwelling units” (ADU) on residential lots with an existing home. But then the city went even further, allowing each lot to also house an RV or other mobile home for full-time habitation.Karas quickly jumped on the opportunity and built two ADUs…
View of the Steve Jobs Theater on the Apple Park campus in Cupertino. Nic Coury/AFP via Getty Images hide caption toggle caption Nic Coury/AFP via Getty Images Apple and Google on Thursday removed apps that alert people when Immigration and Customs Enforcement agents are nearby following pressure from Attorney General Pam Bondi. Critics of the tech giants capitulating to the Trump administration say it shows the sway President Trump has over Silicon Valley in his second term. Apple said it yanked an app called ICEBlock from its app store after the “safety risks” of the app were made known to…
The proceedings around Sean “Diddy” Combs’ criminal case have wrapped up, but his problems are far from it.In a hearing on Friday, he was sentenced to 50 months behind bars for the two prostitution-related charges for which he was found guilty in July.The image of the rapper leaving the courtroom escorted by two US Marshals marked the criminal case coming to a close, a continuation of his life behind bars, and a future of legal challenges and reputational damage.A representative for Combs did not respond to a request for comment from Business Insider about the sentencing or his future endeavors.The…
Sean Combs (at right) watches his children present impact statements during his sentencing hearing in New York. Combs was sentenced to 50 months in prison. Jane Rosenberg/Reuters hide caption toggle caption Jane Rosenberg/Reuters On Friday, Sean Combs was sentenced by a federal judge to 50 months in prison. The 55-year-old music mogul was convicted in July on two counts of transportation for prostitution, but acquitted on more serious charges of sex trafficking and racketeering conspiracy. After a daylong hearing that culminated in Combs himself addressing the judge, speaking at length for the first time during the trial, Judge Arun Subramanian…
The labor market may feel uncertain, but the data tells a clear story: Hiring is sluggish, labor shortages are looming, and employers that use real-time insights can adapt faster and stay competitive.Employers and job seekers have endless questions about today’s labor market: Are we in a recession? Is a labor shortage coming? What about the impact of AI on jobs?Few people are better equipped to answer those questions than Svenja Gudell, Indeed’s chief economist.By analyzing Indeed’s trove of millions of job postings and billions of annual job searches, Gudell can see past today’s chaotic headlines — not just into where…
2025-10-03T20:03:27Z 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. Target hosted Taylor Swift album release parties at 500 stores nationwide. The retailer is trying to attract shoppers with unique experiences and partnerships like this one. I went to one of the events to see the hype for myself. I spent two hours waiting at Target with Swifties for…
Production is now set to begin at the former Detroit-Hamtramck assembly plant, less than two years after GM announced the massive $2.2 billion investment to fully renovate the facility to build a variety of all-electric trucks and SUVs.Photo by Jeffrey Sauger for General MotorsDETROIT – Shares of the Detroit automakers jumped Friday afternoon following a report that President Donald Trump is considering “significant tariff relief” for the production of vehicles in the U.S.Stocks for General Motors, Ford Motor and Chrysler parent Stellantis shifted from trading level or down to up roughly 2% to 4% on the report from Reuters.The news…