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U.S. infrastructure is barely getting a passing grade, and one of the fastest growing problems is climate change. Airports are flooding, bridges are melting from extreme heat, and telecommunications are getting slammed by increasingly extreme weather.In 2023, at Fort Lauderdale/Hollywood International Airport, historic rainfall turned runways into rivers, shutting down operations and stranding passengers. In New York City last summer, extreme heat caused metal on a bridge over the Harlem River to expand so much that the bridge got stuck open.Every single category of U.S. infrastructure is at growing risk from climate change — a finding by the American Society…

Jeff Kravitz/Getty Images 2025-07-01T15:58:52Z Share Facebook Email X LinkedIn 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. Private equity firm Bain Capital is teaming up with Warner Music to re-enter the music industry. Its first target: the full Red Hot Chili Peppers catalog, which could fetch more than $300 million. Music has been a defensive investment for years amid economic and market turmoil. Bain Capital is…

Ford sales rose 14.2% during the second quarter over the year-earlier period, about 10 times the estimated 1.4% industry increase, the automaker said Tuesday.New vehicle sales for the second quarter totaled 612,095, led in part by gains in its F-Series trucks and “electrified” vehicles, which includes hybrids and EVs.F-Series trucks saw their best second quarter since 2019, climbing 11.5% to 222,459. New pickup sales overall totaled 288,564 for the quarter, Ford said.Sales of Ford electrified vehicles totaled 82,886 during the second quarter, up 6.6% from 2024. But of those “electrified” vehicles, pure EVs saw a 31.4% drop, while hybrids were…

2025-07-01T14:37:01Z Share Facebook Email X LinkedIn 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. I tried on button-up tops at Gap, Banana Republic, and Old Navy. The shirts from Gap and Banana Republic were the same price, but were made up of different fabrics. In my opinion, the Old Navy option was comfortable, breathable, and versatile. As someone who has worked remotely for the past five…

Donald Trump threatened to withdraw government subsidies from Elon Musk’s companies and examine the billionaire’s immigration status after the Tesla Inc. chief executive officer ratcheted up his criticism of the president’s tax and spending bill.President Trump said he could use the cost-cutting effort that Musk pitched during Trump’s campaign and led for months against the leader of Tesla and SpaceX, telling reporters on Tuesday the Department of Government Efficiency may review U.S. funding for rocket launches, satellites and EVs, and that “not everyone wants an electric car.””DOGE is the monster that might have to go back and eat Elon,” Trump…

A new generation of consumer social startups is emerging.From social networks focused on getting people to meet IRL to dating apps taking on Tinder or Hinge, startups are disrupting the digital social scene.Founders of these startups are tackling problems like loneliness, dating app fatigue, and general dissatisfaction with the current social-media incumbents.Some founders come from Big Tech backgrounds, like the Instagram-heavy team behind photo-sharing app Retro, or the ex-Google employees building the social-mapping app PamPam. Meanwhile, Gen Z founders are also throwing their hats in the ring, like Isabella Epstein’s IRL-focused app Kndrd or Tiffany “TZ” Zhong’s Noplace app.Investors are…

The Senate worked through the night on President Donald Trump’s $3.3 trillion tax and spending package, with Republican leaders still negotiating with key GOP holdouts into the morning as lawmakers neared a vote expected Tuesday.Alaska Republican Lisa Murkowski, a moderate concerned about Medicaid and green energy cuts, appeared to be the central focus of leaders’ attention early Tuesday. But she isn’t their only potential problem. There are currently eight major Republican holdouts, and Senate Majority Leader John Thune can afford to lose only three senators and still pass the measure. Two — Rand Paul of Kentucky and Thom Tillis of North…

It often starts with a letter from the IRS.”It might be an LT11, generated by computer, or an LT 1058,” explained Bill Nemeth, immediate past president of the Georgia Society of Enrolled Agents. “They both say they haven’t received your payment for overdue taxes, and intend to seize your property or rights to property. The LT11 is an [Automated Collection Systems] letter, while the LT 1058 has a real person associated with it. Neither should be ignored.”All too often, of course, the taxpayer does ignore the notice, out of fear or confusion or pure wishful thinking that maybe the IRS…

Defense attorneys confer with Sean Combs in this courtroom sketch. The jury began deliberations at Combs’ sex trafficking trial in New York City on Monday. Jane Rosenberg/Reuters hide caption toggle caption Jane Rosenberg/Reuters As the jury began deliberating in the high-profile federal criminal trial of Sean Combs on Monday, a clear narrative struggle came into focus, one that will decide whether or not those jurors at a lower Manhattan federal court will find Combs guilty. The hip-hop mogul is charged with sex trafficking, transportation to engage in prostitution and racketeering conspiracy. The trial centered on allegations involving two of his…

Kobbie Mainoo of Manchester United during the Premier League match between Manchester United FC and Aston Villa FC at Old Trafford on May 25, 2025 in Manchester, England. Alex Livesey | Getty ImagesThe English Premier League is bringing artificial intelligence to the soccer pitch through a new partnership with Microsoft.The five-year agreement will integrate Microsoft’s Copilot AI into the English Premier League app, offering fans access to more than 300,000 articles, 9,000 videos and statistics from the league dating back to its founding in 1992.Future iterations of the technology will translate text and audio into a user’s native language and…