Business


 

Barclays snags Morgan Stanley banker as co-head of US equity capital markets

Barclays has hired Taylor Wright, a banker from Morgan Stanley, as co-head of US equity capital markets, people familiar told Business Insider. Wright will work alongside Kristin DeClark, a former Deutche Bank banker who is set to start as co-head of US ECM and the global head of tech ECM in the first week of June. Read more on the Business Insider homepage. Barclays has hired banker Taylor Wright to co-head its US equity capital markets, according to people familiar with the matter. Wright, ...
Tags: New York, US, Trends, Bloomberg, Barclays, Deutsche Bank, Morgan Stanley, Wells Fargo, Wright, Menlo Park, ECM, Deutche Bank, Taylor Wright, Kristin DeClark, ECM Wright, US ECM


Amazon's private-label business is on a tear and rival marketers are racing to stay a step ahead of its tactics

Amazon is building up its own brands, requiring rival marketers to navigate a slew of Amazon brands that it's heavily promoting on its platforms. Established brands now have to compete with Amazon's private label lines and contend with its creative limitations with ads. Marketers are fighting back by using highly specific search terms on Amazon. Some say established brands still have a leg up over Amazon's private labels, which make up roughly 1% of sales. Visit Business Insider's homepage for...
Tags: Google, Amazon, Facebook, Trends, Roku, Publicis, Kroger, Sen Elizabeth Warren, Amazon Amazon, Walmart Target, Ghiorso, Because Amazon, AmazonBasics Amazon, Eric Heller, Amazon Earlier, Joshua Kreitzer


New York is finally catching up to the rest of the world and moving away from its iconic MetroCard. But there's one glaring problem with the replacement. (JPM, V)

The New York City subway will soon have something much of the world has had for years: tap-to-pay fares. The new OMNY system will debut on May 31, and roll out to the entire system by 2021. Despite its ease of use, most Americans don't have contactless cards yet. Visa and Chase are trying to change that. Americans who have travelled abroad have likely gotten a taste of what transportation could be like. In London, for example, a simple tap — of an Oyster card or your credit card — gets you th...
Tags: New York, London, New York City, US, Trends, United States, Mta, Chase, Visa, Dan Sanford Visa, Hong Kong Singapore Santiago Chile, Abeer Bhatia, Card Marketing Pricing and Innovation at Chase, OMNY, North America New York


Walmart is discounting select Samsung TVs by up to $800 for Memorial Day — here are the best deals

Insider Picks   writes about products and services to help you navigate when shopping online. Insider Inc. receives a commission from our affiliate partners when you buy through our links, but our reporting and recommendations are always independent and objective. Samsung is known for its high-end TVs, but many of its best TVs are relatively pricey. For Memorial Day 2019, Walmart is discounting a huge range of Samsung TVs by up to a whopping $800. There are TVs across all price ranges, so no m...
Tags: Samsung, Trends, Walmart, Hdr, Insider Inc, Memorial Day Walmart


How to record audio on an iPhone using the Voice Memos app, and quickly edit or export your recordings

Your iPhone comes with an audio recording tool that can help you record, edit, and playback long clips of recorded sound. The Voice Memos app is easy to use and makes sharing recorded audio simple as well, making it an excellent tool for collaboration or sharing with friends. There are also myriad iPhone apps available for purchase that offer even more advanced audio recording and sound edition features. Visit Business Insider's homepage for more stories. A couple weeks back, I interviewed ...
Tags: Trends, Kendrick Lamar, Garageband, Voice Memos, Steve Lacy, Francis Lam


Netflix isn’t absent at Cannes. It’s everywhere.

CANNES, France (AP) — If you’re going to earnestly shout “Vive le cinema!” the Cannes Film Festival is the place to do it. That’s what Quentin Tarantino declared from atop Cannes’ red-carpet stairs on his way into the premiere of “Once Upon a Time … in Hollywood,” his affectionate ode to the movie industry. The […]
Tags: Business, Hollywood, Technology, Movies, News, Entertainment, Netflix, Nation, Quentin Tarantino, Cannes film festival, Cannes, France AP


This pitch deck helped a 65-year-old company raise $50 million and show investors why its personality testing service was suddenly growing like a hot startup

The Predictive Index is an old company that's growing like a startup. Its owners — Mike Zani and Daniel Muzquiz — bought the company, which offers personality assessments, in 2014 with the idea of turning it around. They soon discovered that its core service — helping companies find, promote, and group together the right people for their organizations — had even more potential than they originally realized. Below is the pitch deck Zani and Muzquiz used to raise $50 million in venture funding a...
Tags: Boston, Trends, Silicon Valley, General Catalyst, Business Insider, Zani, Predictive Index, Mike Zani, Daniel Muzquiz, Muzquiz, Mike Zani Zani


Palm Springs condo that belonged to longtime Angels owner Gene Autry seeks a buyer at $699,000

Autry’s part-time home at the Ocotillo was the “owner’s unit,” created from a combination of three condominiums, with a private swimming pool and its own entrance. (Photos by Val Riolo and Robert Gentry) (Photos by Val Riolo and Robert Gentry) Sound The gallery will resume in seconds (Photos by Val Riolo and Robert Gentry) (Photos by Val Riolo and Robert Gentry) (Photos by Val Riolo and Robert Gentry) (Photos by Val Riolo and Robert Gentry) (Photos by Val Riolo and R...
Tags: Business, Housing, Angels, Sport, Soccer, Jackie, Palm Springs, Eichler, Jerry Buss, Richard Nixon, San Clemente, L A Lakers, Buss, Autry, Gene Autry, Scott Cook


NASA’s first-of-kind tests look to manage drone in cities

RENO, Nev. (AP) — NASA has launched the final stage of a four-year effort to develop a national traffic management system for drones, testing them in cities for the first time beyond the operator’s line of sight as businesses look in the future to unleash the unmanned devices in droves above busy streets and buildings. […]
Tags: Business, Technology, News, Nasa, Nation, RENO Nev AP


The first CMO of Northwestern Mutual explains why she looked at dating sites, not finance, for inspiration when she needed to revamp the $128 billion firm's website

The first chief marketing officer of Northwestern Mutual is trying to shake up the financial services company's sleepy image.  Aditi Gokhale said in a recent interview that she's looking outside of finance for inspiration. When she redesigned the company's website, where investors can find a financial advisor, she tried to replicate how consumers use dating sites.  Other financial services CMOs are trying novel strategies like putting BlackRock content on Alexa, as they fight for consumers' at...
Tags: Google, Amazon, US, Trends, CMO, Alexa, Blackrock, Business Insider, Cooper, Frank Cooper, Nuveen, Northwestern Mutual, Gokhale, Alexa Microsoft, Aditi Gokhale


Here are the Huawei products at risk thanks to Trump's ban and the brewing tech Cold War

Huawei's placement on the US government's trade blacklist will likely require the Chinese tech giant to rethink the way it develops key products across its smartphone, laptop, and wearable lines. Since the US government added Huawei to the list, companies such as Google, Qualcomm, and Intel have suspended business with the Chinese company. Here's a look at the Huawei product lines that could be affected. Visit Business Insider's homepage for more stories. The US government recently placed the...
Tags: Apple, Google, New York, Microsoft, California, Massachusetts, US, Trends, Bloomberg, Intel, Bbc, United Kingdom, Nvidia, Huawei, Qualcomm, Micron


Mark Zuckerberg personally made the decision that Facebook will keep running political ads, even though the ads were weaponized in 2016 (FB)

As the US gears up for its next presidential election in 2020, citizens can expect to keep seeing political ads on Facebook.  Internally the company is dealing with the fallout from reports that its platforms were used to manipulate voters in elections around the world. The latest big change is that Facebook will no longer pay commissions to sales people for selling political ads. But political advertising is a multibillion business, and CEO Mark Zuckerberg himself decided that Facebook should...
Tags: Google, Facebook, Mark Zuckerberg, Russia, Digital, US, Trends, Dublin, Huawei, Wall Street Journal, Journal, WSJ, Clinton, Trump, Menlo Park California, Brad Parscale


Palm Springs condo that belonged to Gene Autry seeks a buyer at $699,000

Autry’s part-time home at the Ocotillo was the “owner’s unit,” created from a combination of three condominiums, with a private swimming pool and its own entrance. (Photos by Val Riolo and Robert Gentry) (Photos by Val Riolo and Robert Gentry) Sound The gallery will resume in seconds (Photos by Val Riolo and Robert Gentry) (Photos by Val Riolo and Robert Gentry) (Photos by Val Riolo and Robert Gentry) (Photos by Val Riolo and Robert Gentry) (Photos by Val Riolo and R...
Tags: Business, Housing, Sport, Soccer, Jackie, Palm Springs, Eichler, Jerry Buss, Richard Nixon, San Clemente, L A Lakers, Buss, Autry, Gene Autry, Scott Cook, Julius Shulman


CHEAP: Get 33% off this gorgeous Fluance Fi20 omnidirectional bluetooth speaker

One of the hidden gems of the audio world is Fluance, a Canadian manufacturer of premium speakers, which boasts a 20-year pedigree. As you’d expect from any aspirational brand, its kit isn’t exactly cheap. But you won’t have to empty your wallet to pick up the Fluance Fi20, which is now available for $100, rather than the usual $150. With a 360-degree omnidirectional system, the Fluance Fi20 is capable of drenching a room with sound, ensuring your favorite tunes can be heard by all. Its 20-hour ...
Tags: Startups, Plugged


Red-hot startup Snowflake is adding support for Google's cloud in an effort to meet Wall Street's demand

Data storage startup Snowflake has plans to announce support for Google's public cloud, according to multiple sources. In doing so, Snowflake, which is valued at $3.5 billion, would be able to help clients work across the three main public clouds: Amazon Web Services, Microsoft Azure, and Google Cloud. The decision to extend support to Google Cloud was at least partially influenced by Wall Street, which wanted the platform included, according to one source.   One of the hottest startups in th...
Tags: Google, Amazon, Microsoft, Wall Street, US, Trends, Jp Morgan, Silicon Valley, Seattle, Snowflake, Amazon Web Services, Bob Muglia, Jpmorgan, San Francisco Read, Ray Wang, Google Cloud


Shady Numbers And Bad Business: Inside The Esports Bubble

The mainstream narrative of esports has been lovingly crafted by those who benefit from its success. There’s big money in esports, they say. You’ve heard the stories. Teenaged gamers flown overseas to sunny mansions with live-in chefs. The erection of $50 million arenas for Enders Game-esque sci-fi battles. League of…Read more...
Tags: Science, Finance, Kotakucore, Esports, League Of Legends, Longreads, Overwatch League


How to customize all of your AirPods' features using an iPhone or iPad

You can easily customize your AirPods through an iOS Settings app — whether you're looking to change the name of your earbuds, or adjust its double-tap and ear-detection features. If you've just bought a pair of AirPods and are looking to change its default functions, follow the steps below. Visit Business Insider's homepage for more stories. Apple's increasingly popular AirPods offer more than just wireless listening. Customizing your AirPods will help you control what happens when ...
Tags: Apple, Trends, Siri, AirPods


Here are all the Huawei products that could be in jeopardy now that major US companies have cut ties with the Chinese tech giant

Huawei's placement on the US government's trade blacklist will likely require the Chinese tech giant to rethink the way it develops key products across its smartphone, laptop, and wearable lines. Since the US government added Huawei to the list, companies such as Google, Qualcomm, Intel, and others have suspended business with the Chinese firm. Here's a look at the Huawei product lines that could be impacted. Visit Business Insider's homepage for more stories.  The US government recently plac...
Tags: Apple, Google, New York, Microsoft, California, Massachusetts, US, Trends, Bloomberg, Intel, Bbc, United Kingdom, Nvidia, Huawei, Qualcomm, Micron


Mark Zuckerberg personally made the decision that Facebook would keep running political ads, even though the ads were weaponized in 2016 (FB)

As the US gears up for its next presidential election in 2020, citizens can expect to keep seeing political ads on Facebook.  Internally the company is dealing with the fallout from reports that its platforms were used to manipulate voters in elections around the world. The latest big change is that Facebook will no longer pay commissions to salespeople for selling political ads. But political advertising is a multibillion business, and CEO Mark Zuckerberg himself decided that Facebook should ...


Cyberattacks are the newest frontier of war and can strike harder than a natural disaster. Here's why the US could struggle to cope if it got hit.

A successful cyberattack on critical infrastructure could do as much damage as a natural disaster, bringing a whole country to a standstill. Nations have launched cyberattacks for years. But the world has yet to see a full-power, multipronged attack on a major developed state. Experts described in detail to Business Insider how a serious cyberattack could knock flat the systems that underpin all of our lives. The US — despite its strengths — is particularly vulnerable because so much infrastru...
Tags: UK, North Korea, Russia, US, America, Trends, Iran, Ukraine, Fbi, Darpa, Sony, San Diego, Pentagon, Department Of Homeland Security, Baltimore, Oslo


Robinhood users have been scooping up Tesla's plunging stock (TSLA)

Robinhood users have been adding Tesla to their holdins despite an extremely difficult time for the electric-car maker, according to data from the Robinhood trading app. The number of accounts holding Tesla shares on the app increased even as analysts and shareholders have been questioning demand prospects for the company's electric vehicles. Watch Tesla trade live. The Robinhood trading app, an app popular among younger investors, reported an increase in the numnber of users holding Tesla s...
Tags: Apple, Elon Musk, US, Trends, Tesla, TSLA, Aurora Cannabis, Microsoft Tesla, Additonally T Rowe Price


The first CMO of Northwestern Mutual explains why she looked at dating sites, not finance, for inspiration when she needed to revamp the $272 billion firm's website

The first chief marketing officer of Northwestern Mutual is trying to shake up the financial services company's sleepy image.  Aditi Gokhale said in a recent interview that she's looking outside of finance for inspiration. When she redesigned the company's website, where investors can find a financial advisor, she tried to replicate how consumers use dating sites.  Other financial services CMOs are trying novel strategies like putting BlackRock content on Alexa, as they fight for consumers' at...


Future launches $150/mo exercise app where real coaches nag you

The only way to beat laziness is with guilt, and so that’s what Future sells. It assigns you an actual human trainer who builds personalized workout plans and message you throughout the day to make sure you’re doing them. It even gives you an Apple Watch to track your activity and ensure you’re not lying. Future actually got me to the gym where my coach kicked my ass remotely with a 30 minute lifting routine I’d never have stuck to by myself. The catch? It’s probably the most expensive app you’v...
Tags: Health, Fundings & Exits, Startups, TC, Mobile, Apps, Instagram, Funding, Future, NFL, Tech, Netflix, Exercise, Kleiner Perkins, University Of Wisconsin, Ndamukong Suh




Google is embracing third-party smart device makers — and it's helping it build out a wider ecosystem than Amazon (GOOGL, BOSE, LNVGY, SONO)

This is an excerpt from a story delivered exclusively to Business Insider Intelligence IoT Briefing subscribers. To receive the full story plus other insights each morning, click here. Google's smart speaker ecosystem just got bigger and more diverse with two new announcements involving third-party manufacturers. Here's how device-manufacturing partners are embracing Google's smart home tools: Google Assistant is now available on select Bose and Sonos smart speakers.Previously, both...
Tags: Google, Amazon, US, Trends, Lg, Sonos, Lenovo, Bose, Alexa, Amazon Alexa, Business Insider Intelligence, Google Home, JBL Lenovo, Alexa Bose


Amazon is discounting the Apple Watch Series 3 by $80 for a limited time, and it's one of the best deals we've seen on the smartwatch yet

Insider Picks   writes about products and services to help you navigate when shopping online. Insider Inc. receives a commission from our affiliate partners when you buy through our links, but our reporting and recommendations are always independent and objective. The Apple Watch Series 3 boasts excellent fitness tracking, a great design, and comes in two sizes. For a limited time, the Apple Watch Series 3 has been discounted to one of its lowest prices on Amazon. You can save $80 on the 38mm ...


Salesforce CEO Marc Benioff reportedly scandalized Cisco's board by video-calling in to meetings from an elliptical machine in Hawaii (CRM, CSCO)

Salesforce founder and co-CEO Marc Benioff's casual approach to board meetings scandalized some of Cisco's board members, according to Bloomberg. Benioff, who sat on Cisco's board from 2012 to 2014, would reportedly sometimes video-conference into Cisco board meetings from Hawaii. Through the video screen, Cisco's other board members could see Benioff exercising on an elliptical in a tanktop, according to the report. Read more on the Business Insider homepage. It's a well known stereotype of ...


Video shows a top-secret Chinese space mission failing in mid-flight — China's second rocket loss of the year

China attempted to launch a top-secret military satellite into orbit on Thursday. However, videos and pictures posted to Chinese social media showed the Long March 4C rocket launch failing in mid-flight. Chinese state media later confirmed the loss of the space mission, apparently due a problem with the rocket's third and uppermost stage. The rocket failure marks the nation's second of 2019. The first was by a Chinese startup called OneSpace. Visit Business Insider's homepage for more storie...
Tags: China, Trends, Nasa, Earth, Jones, Weibo, Falcon Heavy, Xinhua, Andrew Jones, Shanxi province, OneSpace China, Taiyuan Satellite Launch Center, Space News Alex Ma


Exclusive: JPMorgan cuts ties with OxyContin maker Purdue Pharma - sources

JPMorgan Chase & Co has cut ties with Purdue Pharma LP over the OxyContin maker's alleged role in the U.S. opioid crisis, forcing it to find a new bank to manage cash and bill payments, people familiar with the matter said on Thursday.
Tags: Money, businessNews, Jpmorgan, JPMorgan Chase Co, Purdue Pharma, Purdue Pharma LP


Fruit juice can be twice as harmful as soda

A new study finds that the risk of all-cause mortality from over-consumption of fruit juice is significant. Other sugared beverages are still bad for you, but too much fruit juice is actually worse. Fructose, real or natural, is still fructose and problematic. None While fruit juice largely retains its reputation as a healthy thing for kids to drink, it's not exactly news that it can contain just as much sugar as sugar-sweetened beverages (SSBs) like soda. Savvy parents and caregivers know it ...
Tags: Food, Health, Human body, Children, Disease, Chemistry, Fruit juice, Fructose, Medical research