Author: Editor

It was the day after the Fall Equinox, and we were partying on a rooftop, pulling tarot cards about our love lives.The location might surprise you: a venture capital firm’s office overlooking the Manhattan skyline.Wait, what’s astrology got to do with venture capital? We were at a launch party for a social-astrology app called Lora. The party was hosted by Lora founder Michelle Parsons at the offices of her pre-seed backer — AlleyCorp — in SoHo.Astrology is a hot subject in tech.Co-Star, a leading social app for the star-inclined, was acquired by AI company Midjourney this summer, casting a spotlight…

This as-told-to essay is based on a conversation with Xavier Sztejnberg, a finance professor at the McCombs School of Business at the University of Texas Austin, who previously worked in M&A. He founded the Wall Street for McCombs Leadership Program in 2016. The conversation has been edited for length and clarity.When I started Wall Street for McCombs a decade ago, we sent fewer than 10 UT students to New York for investment banking. UT Austin was a powerhouse in Houston, but we realized we needed a major presence in New York to become a powerhouse school in finance generally. For…

There are now three apps that will deliver from Costco to your door.When it comes to price, though, there’s a difference.DoorDash and Uber Eats expanded their partnerships with Costco last week. DoorDash said it now delivers from Costco stores around the US, while Uber Eats now offers delivery from the chain in 47 states, up from its previous 17.These complement Costco’s existing partnership with Instacart, CEO Ron Vachris said on the company’s latest earnings call on Thursday. Instacart has delivered from Costco stores since 2017.Costco customers ordering via DoorDash and Uber Eats tend to be “significantly younger than our overall…

Everyone is talking about AI agents — and Business Insider’s reporters and editors are no different.Agents go a step beyond chatbots and are capable of planning and achieving multi-step tasks. This can range from making a restaurant reservation to inviting a friend for lunch to buying clothes you are on the lookout for.To get a sense of how members of different generations feel about the emerging world of AI agents, I, a Gen Z fellow on the Business Insider Economy team, talked to my colleagues, spanning from Gen Z to elder millennials, about their stances on the divisive topic.While the…

David Ellison, CEO of Paramount Skydance, speaks during the Paramount Pictures presentation at CinemaCon, the official convention of Cinema United, in Las Vegas, Nevada, April 16, 2026.Caroline Brehman | ReutersA new movie every 11 days? That’s what Paramount’s David Ellison is promising after clearing a path this week for his company’s acquisition of Warner Bros. Discovery, combining two storied Hollywood studios.The CEO’s settlement with a group of state attorneys general over antitrust concerns stipulates that the newly minted company will release at least 30 films into theaters in 2027 and 2028 and at least 32 films in 2029, 2030 and…

This view shows bottles of regular Coca-Cola soda displayed for sale on shelves at a Walmart store in Mexico City on October 27, 2025. Yuri Cortez | Afp | Getty ImagesRob Gehring, the head of Monster Energy’s Americas business, will leave to run Coca-Cola’s North America unit, the companies said Friday.He will take over the position on Dec. 1. The move comes as Coke tries to maintain growth while U.S. consumers cut back on spending in the face of higher gas and grocery prices. Despite those dynamics, the beverage giant posted net sales growth of 7% in the second quarter,…

Walmart CEO John Furner wants to clear the air about how the retail giant is using new pricing technology.”We don’t set different prices based on who you are or the time of day, and we won’t,” he said in a memo to employees and customers on Friday.Furner said he was responding to questions he’s received this year about how the company is implementing new digital shelf labels and the AI-powered shopping assistant, Sparky.”When you engage with Sparky, that’s an invitation to serve you better not to use your personal information to set a personalized price,” he said. “We’ve never used the relationships…

When I was in college in New York City, I loved the theater department so much that it became a punchline: my friends and I joked that after graduation, I would take a job there and stay forever. Little did we know that would actually become my reality.After earning my degree in May 2022, I faced an uncertain job market in an industry still struggling to recover from the COVID-19 pandemic, which had forced my hands-on theater program to transition to remote learning.Even though I was beginning to build a freelance career in theater, I wanted a day job to…

IRS CEO Frank Bisignano says the agency’s new mobile app will let taxpayers securely check refund status and make payments from their phones while AI helps fight fraud and improve customer service. The IRS launched a new mobile app that will let taxpayers check refund statuses and make payments directly from their phones, expanding the agency’s digital services as it works to combat fraud and protect taxpayer information. IRS CEO Frank Bisignano joined FOX Business’ Stuart Varney on “Varney & Co.” to discuss the app’s security, growing demand for online services and the agency’s efforts to combat identity theft. The…

Infrastructure has a big impact on the quality of day-to-day life.Whether you’re struggling to get around because of poor road quality, unreliable public transportation, or your neighborhood experiences frequent power outages, weak infrastructure can make everyday life more difficult.It’s also something that varies massively from state to state.US News & World Report compiled a ranking of states with the best and worst infrastructure, which forms part of its annual ranking of the best states to live in.To determine the quality of each state’s infrastructure, US News & World Report examined three categories: energy, internet access, and transportation.For energy, it calculated…