Kate Duffy
Kate Duffy
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Why Neera Tanden, Biden's new pick for a top economic role, has been called a terrible leader and 'impossible to trust' by some of her former colleagues

Why Neera Tanden, Biden's new pick for a top economic role, has been called a terrible leader and 'impossible to trust' by some of her former colleagues

The word "Insider".Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.President-elect Joe Biden's transition team announced Monday it had nominated Neera Tanden to be head the Office of Management and Budget in the Biden administration.This would make Tanden, the president and CEO of the liberal think tank Center for American Progress, the first woman of color to oversee the OMB.In recent years, some employees at CAP have heavily criticized Tanden for her leadership style.Ali Gharib, a journalist at The Intercept, was a writer for a CAP...

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Kate Duffy
Nov 30
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Biden is changing PPP rules. For 2 weeks, only businesses with fewer than 20 employees can claim pandemic relief loans.

Biden is changing PPP rules. For 2 weeks, only businesses with fewer than 20 employees can claim pandemic relief loans.

The word "Insider".Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Something is loading.Loading...President Joe Biden is set to change the main US coronavirus aid program for small businesses on Monday to try to reach smaller, minority-owned businesses and sole proprietors left behind in previous rounds of aid.Biden administration officials said that for two weeks starting on Wednesday, the Small Business Administration would accept applications for forgivable from only firms with fewer than 20 employees, to ensure that they are not...

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Reuters
Feb 22
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Elon Musk says he's writing a book about Tesla, SpaceX, and the lessons he's learned in his career

Elon Musk says he's writing a book about Tesla, SpaceX, and the lessons he's learned in his career

The word "Insider".Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Something is loading.Loading...We’ve simplified our name. Now we’re just “Insider.” Thank you for reading!Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Billionaire Elon Musk announced Saturday he's writing a book about Tesla and SpaceX, his two biggest companies."Time to tell the story of Tesla & SpaceX," . "Of Earth and Mars," he said in his . "Lessons learned," he said in his .Many of his 46 million...

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Kate Duffy
Feb 8
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Robinhood's rating has dropped back down to 1 star on Google's app store, and this time Google isn't riding to the rescue

Robinhood's rating has dropped back down to 1 star on Google's app store, and this time Google isn't riding to the rescue

The word "Insider".Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Something is loading.Loading...We’ve simplified our name. Now we’re just “Insider.” Thank you for reading!Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Stock-trading app Robinhood on Tuesday dropped down to a one-star rating on the Google Play app store for the second time in less than a week — and this time, Google isn't riding to the rescue.Google previously started removing negative reviews of the...

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Kate Duffy
Feb 2
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WhatsApp says you shouldn't worry about it sharing personal data with Facebook. Experts say you should switch to 'highly trusted' Signal.

WhatsApp says you shouldn't worry about it sharing personal data with Facebook. Experts say you should switch to 'highly trusted' Signal.

The words "Business Insider".Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Something is loading.Loading...After a change to its terms of service sparked privacy concerns among users, WhatsApp on Monday clarified that its new policy doesn't affect the privacy of people's messages with friends or family.The messenger app, which sells itself as a privacy focused service, will next month force its users to agree to let Facebook and its subsidiaries , including phone numbers and locations. If users don't accept the new terms and...

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Kate Duffy
Jan 16
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Bill Gates now owns 242,000 acres of farmland, making him America's biggest private farmland owner, according to a new report | Markets Insider

Bill Gates now owns 242,000 acres of farmland, making him America's biggest private farmland owner, according to a new report | Markets Insider

Microsoft cofounder and philanthropist Bill Gates owns 242,000 acres of farmland in the US - making him the largest private farmland owner nationwide, according to a national survey.Gates, whose net worth of nearly makes him the world's fourth-richest person, and his wife Melinda Gates hold an extensive farmland portfolio stretching over 18 states, according to .The Gates family's biggest holdings are in Louisiana (69,071 acres), Arkansas (47,927 acres) and Nebraska (20,588 acres).The farmland is held both directly and through Cascade Investments, a firm controlled by Gates to manage his...

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finanzen.net GmbH
Jan 15
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Facebook tells staff to avoid wearing company-branded clothing in public for their own safety after it booted Trump off the platform

Facebook tells staff to avoid wearing company-branded clothing in public for their own safety after it booted Trump off the platform

The words "Business Insider".Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Something is loading.Loading...Facebook told staff on Monday to avoid wearing company-branded clothing in public out of concern for their safety, after the social media platform suspended President Donald Trump's account."In light of recent events, and to err on the side of caution, global security is encouraging everyone to avoid wearing or carrying Facebook-branded items at this time," an internal memo sent Monday, reviewed by , said.In the wake of the ,...

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Kate Duffy
Jan 12
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Elon Musk's Starlink satellite internet service has been approved in the UK, and people are already receiving their beta kits

Elon Musk's Starlink satellite internet service has been approved in the UK, and people are already receiving their beta kits

The words "Business Insider".Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.The UK has given the green light for SpaceX's Starlink satellite internet service, and users in the country have already received their kit for the company's public beta test.Ofcom granted Elon Musk's aerospace company in November, a spokesman for the regulator told Insider on Monday. SpaceX began running a Starlink beta in the US in late 2020.The UK license allows Starlink to compete against terrestrial internet providers such as BT Group and traditional...

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Kate Duffy
Jan 11
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Florida's governor is not prioritizing essential workers for vaccines, ignoring official advice. 'I don't think that's the direction we want to go,' he said.

Florida's governor is not prioritizing essential workers for vaccines, ignoring official advice. 'I don't think that's the direction we want to go,' he said.

The words "Business Insider".Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Florida Gov. Ron DeSantis said Tuesday that essential workers would not be prioritized in the state's next round of COVID-19 vaccinations, going against US health officials' advice.The Centers for Disease Control and Prevention's Advisory Committee on Immunization Practices that frontline essential workers and people over the age of 75 should be next in line for a shot.But DeSantis, a Republican, at a news conference Tuesday that people over 70 would come...

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Kate Duffy
Dec 23
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Paris authorities hit with 'absurd' $110,000 government fine for adding too many women in senior positions

Paris authorities hit with 'absurd' $110,000 government fine for adding too many women in senior positions

The words "Business Insider".Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.France's public-service ministry on Tuesday fined Paris city authorities 90,000 euros, or about $110,000, for adding too many women to senior positions in 2018.The authorities broke national rules on gender parity in 2018 when they appointed 11 women and five men to senior positions, meaning that nearly 70% of the appointments went to women.The "Sauvadet law," which was enacted in 2013 but repealed six years later, required no more than 60% of appointments...

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Kate Duffy
Dec 16
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SpaceX's next Starship rocket may soar 15 kilometers high on Tuesday, but Elon Musk says there's a 2-in-3 chance the flight could fail

SpaceX's next Starship rocket may soar 15 kilometers high on Tuesday, but Elon Musk says there's a 2-in-3 chance the flight could fail

The words "Business Insider".Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.This week, SpaceX may take its big step forward yet in a quest to further revolutionize space travel.Company founder Elon Musk  on Monday night that a prototype of SpaceX's enormous Starship spacecraft — a fully reusable vehicle the company eventually wants to use to send humans to the and — could see its first high-altitude test as soon as Tuesday.The flight attempt to 15 kilometers (9.3 miles), follows a successful November 24 rocket-engine test firing of...

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Isobel Asher Hamilton
+1
Dec 7
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Dr. Anthony Fauci says the UK approved Pfizer's COVID-19 vaccine too fast. 'If you go quickly and you do it superficially, people are not going to want to get vaccinated.'

Dr. Anthony Fauci says the UK approved Pfizer's COVID-19 vaccine too fast. 'If you go quickly and you do it superficially, people are not going to want to get vaccinated.'

The words "Business Insider".Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Dr. Anthony Fauci, the top infectious-disease expert in the US, says UK regulators were too quick to authorize Pfizer and BioNTech's COVID-19 vaccine.The UK on Wednesday became the first Western nation to , and vaccinations are expected to start next week. European Union politicians , calling it "hasty" and "problematic."On Thursday, Fauci joined the chorus of critics. He told Fox News that UK regulators hadn't scrutinized the Pfizer trial data as...

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Kate Duffy
Dec 3
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'They don't care whether it looks like an alien invasion': A Canadian inventor says many people prefer his $379 BioVyzr COVID-19 helmet to masks

'They don't care whether it looks like an alien invasion': A Canadian inventor says many people prefer his $379 BioVyzr COVID-19 helmet to masks

The words "Business Insider".Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.As researchers worldwide clash on the effectiveness of masks, a Canadian inventor of a $379 COVID-19 helmet, Yezin Al-Qaysi, thinks he might have the solution.A published November 18 in the Annals of Internal Medicine found face masks don't fully protect the wearer against COVID-19.Researchers from Copenhagen University Hospital split 6,024 adults into two groups – one with face masks and one without. From early April to early June, 42 people in the mask...

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Kate Duffy
Nov 28
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More than 125 economists, including Obama's former top economic advisor, sign a letter urging Congress to send a 2nd round of $1,200 stimulus checks

More than 125 economists, including Obama's former top economic advisor, sign a letter urging Congress to send a 2nd round of $1,200 stimulus checks

The words "Business Insider".Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.More than 125 economists from major institutions are urging Congress to send a second round of stimulus checks to Americans hit hardest by the COVID-19 crisis.By early June, the federal government had sent nearly as part of the $2.2 trillion CARES Act enacted in March. Individuals received up to $1,200 and couples received up to $2,400, plus an additional $500 for each dependent child.This week, 127 economists urging US policymakers to send another round of...

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Kate Duffy
Nov 24
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SpaceX just launched a Falcon 9 rocket for the 100th time, delivering 60 Starlink internet satellites into orbit

SpaceX just launched a Falcon 9 rocket for the 100th time, delivering 60 Starlink internet satellites into orbit

The words "Business Insider".Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.SpaceX successfully launched one of its Falcon 9 rockets on Tuesday night for a record-breaking seventh time, delivering 60 satellites to orbit for its Starlink satellite-internet service.The launch marked SpaceX's of a Falcon 9 rocket and its . The goal of Starlink is to envelop Earth with a network of beaming down high-speed internet.SpaceX, the aerospace company founded by Elon Musk, has launched at least into orbit. The two-stage Falcon 9 rocket took off...

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Kate Duffy
Nov 25
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Amazon is reportedly laying off dozens of employees working on its long-awaited drone project

Amazon is reportedly laying off dozens of employees working on its long-awaited drone project

The words "Business Insider".Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Amazon is reportedly laying off dozens of staff working on its delivery drone project, Amazon Prime Air, turning to external manufacturers to help build the devices instead. The jobs would be lost in research and development as well as in manufacturing, the Financial Times Thursday, citing a person familiar with Amazon's plans.The online retail giant has reached tentative deals with Spain's Aernnova Aerospace and Austria's FACC Aerospace to manufacture...

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Kate Duffy
Nov 19
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SpaceX's Starlink satellite-internet service provides rapid speeds of 175 Mbps in freezing temperatures, high winds and deep snow, users report

SpaceX's Starlink satellite-internet service provides rapid speeds of 175 Mbps in freezing temperatures, high winds and deep snow, users report

The words "Business Insider".Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.SpaceX's Starlink satellite-internet service gives users rapid speeds reaching 175 Mbps even in high-speed winds, deep snow, and freezing temperatures.Users of SpaceX's "Better Than Nothing Beta" test have posted pictures and videos on the proving that the Starlink terminal still works in extreme weather conditions – and in some cases, it's even faster.The terminal – or "" – comes as part of the Starlink kit, which also includes a tripod and a WiFi router...

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Kate Duffy
Nov 15
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A Biden COVID-19 advisor called for a national lockdown lasting up to 6 weeks. The US had a 'big pool of money' to pay for any lost wages, he said.

A Biden COVID-19 advisor called for a national lockdown lasting up to 6 weeks. The US had a 'big pool of money' to pay for any lost wages, he said.

The words "Business Insider".Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.270 to win51 to control218 to controlMichael Osterholm, an influential COVID-19 advisor to President-elect Joe Biden, on Wednesday called for a four- to six-week nationwide lockdown in the US to help drive down coronavirus infections.Osterholm, part of the 13-person , told Yahoo Finance that the US had a "big pool of money" to help pay for people's lost wages and get the economy back on track during a lockdown while a vaccine was being rolled out.Osterholm,...

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Kate Duffy
Nov 12
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Deutsche Bank researchers call for a 5% 'privilege' tax on people choosing to work from home, with the money given to low-income staff

Deutsche Bank researchers call for a 5% 'privilege' tax on people choosing to work from home, with the money given to low-income staff

The words "Business Insider".Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.270 to win51 to control218 to controlDeutsche Bank said Tuesday that people choosing to work from home rather than in an office should be taxed 5% of their salary, with the money used to support people on low incomes who cannot do their jobs remotely.A new from the German bank said that the average person would be no worse off if they paid this tax, because by working remotely they save money on travel, food, and clothes.Employers should pay the tax if they...

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Kate Duffy
Nov 11
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Fauci predicts no COVID-19 vaccine until at least January and warns of a 'whole lot of pain' if US cases continue to surge

Fauci predicts no COVID-19 vaccine until at least January and warns of a 'whole lot of pain' if US cases continue to surge

The words "Business Insider".Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Dr. Anthony Fauci, the US's top infectious-disease expert, said Wednesday that a COVID-19 vaccine wasn't likely to be available until January.He also warned that cases were "going in the wrong direction" — and said that without a big change, "there's going to be a whole lot of pain in this country with regard to additional cases and hospitalizations, and deaths."The five companies in the final stages of trials for a vaccine, including Moderna and Pfizer,...

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Kate Duffy
Oct 29
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More than 700 leading economists, including 7 Nobel winners, urge US voters to reject Trump, a 'selfish and reckless' president

More than 700 leading economists, including 7 Nobel winners, urge US voters to reject Trump, a 'selfish and reckless' president

The words "Business Insider".Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.More than 700 economists, including seven Nobel winners, urged US voters not to reelect President Donald Trump on Election Day.As of Friday, , which is being updated until November 3, had been signed by 727 prominent economists from major institutions across America, including the Nobel winners Paul Milgrom, Oliver Hart, and George Akerlof."In just one term in office, Donald Trump has rendered the United States unrecognizable, and has faced no consequences...

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Kate Duffy
Oct 23
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United Airlines lost a massive $1.8 billion, cut thousands of staff, and burned through $25 million a day in the third quarter

United Airlines lost a massive $1.8 billion, cut thousands of staff, and burned through $25 million a day in the third quarter

The words "Business Insider".Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.United Airlines lost $1.8 billion in the third quarter of the year, following low demand for flights during what is normally the busiest travel season of the year.That was about $200 million more than it lost in the second quarter. It made about $1 billion over the same period in 2019.It had cut its workforce by 22,000 employees since the end of 2019, leading to roughly $765 million in pretax costs in the third quarter, it said Wednesday.About 13,000 of...

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Reuters
Oct 15
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Billionaire fortunes reached an all-time combined high of $10.2 trillion during the pandemic, and grew a staggering 27% between April and July

Billionaire fortunes reached an all-time combined high of $10.2 trillion during the pandemic, and grew a staggering 27% between April and July

The words "Business Insider".Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Billionaires have had a good pandemic: Their collective fortunes hit $10 trillion in July, a record high, a new report has found.A found that the collective wealth of the world's billionaires grew by more than 25% between April and July. Their collective $10.2 trillion fortunes broke the previous record of $8.9 trillion, set in 2017.While economies around the world have ground to a halt, billionaires have profited from a tech boom and a rally in stock...

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Kate Duffy
Oct 7
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