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22 hours ago | 
businessinsider.com | Chris Johnston |Tom Carter |Henry Blodget
Just under three months ago, President Donald Trump stood next to Elon Musk outside the White House to choose a new Tesla. Following his explosive feud with the Tesla CEO, Trump may be about to ditch his shiny EV too. A senior White House official confirmed to Business Insider that Trump was considering selling or giving away the red Model S, which has a list price of about $80,000. The Wall Street Journal first reported the news.
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1 day ago | 
businessinsider.com | Chris Johnston |Tom Carter |Henry Blodget
China is flexing its supply chain dominance as its trade war truce with the US teeters. Carmakers and parts suppliers in Europe and the US are scrambling to shift supply chains and warning of imminent production shutdowns as Chinese restrictions on rare earth metals and magnets push the industry to the brink of a serious supply shock.
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2 days ago | 
businessinsider.com | Chris Johnston |Thibault Spirlet |Henry Blodget
Many corporate leaders praise innovation but are less vocal about failure. That's not the case for the CEO of Ikea's owner — he hands out "banana cards."Jesper Brodin, boss of Ingka Group, said in a podcast interview with Norges Bank Investment Management CEO Nicolai Tangen that the idea came directly from employee feedback. "A big group of Ikea colleagues said openly that we feel sometimes afraid of daring to make mistakes.
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2 days ago | 
businessinsider.com | Chris Johnston |Milan Sehmbi |Henry Blodget
A lawyer and estranged husband of a "Real Housewives" star was sentenced on Tuesday for leading a yearslong scheme that involved embezzling tens of millions of dollars in settlement payments from the clients of his law firm. Thomas Girardi, 86, was sentenced to seven years and three months in federal prison and ordered to pay about $2.3 million in restitution and a $35,000 fine by US District Judge Josephine L. Staton. She ordered Girardi to surrender to federal authorities by July 17.
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3 days ago | 
businessinsider.com | Chris Johnston |Pete Syme |Henry Blodget
United Airlines flight attendants are set for big pay increases under the terms of a tentative agreement. The United branch of the Association of Flight Attendants-CWA reached a tentative deal with the airline on May 23. The first details of the deal were published on Tuesday. It states that cabin crew members would receive pay increases up to 45.6% over the contract's five-year timeframe.
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3 days ago | 
businessinsider.com | Chris Johnston |Nora Redmond |Henry Blodget
The best-paid CEO last year was not running a technology giant or a Wall Street firm — but the company that makes Tasers. Rick Smith, the CEO and cofounder of Axon Enterprise, which makes stun guns used by many police forces, took home almost $165 million last year. Although Smith's annual salary was $31,201, he was awarded stock options worth just over $164 million after meeting a series of targets over several years.
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4 days ago | 
businessinsider.com | Chris Johnston |Nora Redmond |Henry Blodget
Morgan Stanley thinks the dollar has further to fall — to levels last reached during the pandemic — driven lower by interest rate cuts and the strength of rival currencies. Strategists at the investment bank wrote in a report published over the weekend that they anticipate a 9% fall over the next 12 months to a value of 91 on the dollar index. The index measures the value against a basket of six currencies: the euro, yen, pound, Swiss franc, Canadian dollar, and Swedish krona.
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4 days ago | 
businessinsider.com | Chris Johnston |Thibault Spirlet |Henry Blodget
The US and global economy are losing steam, and a key forecaster said President Donald Trump's trade tariffs were part of the reason. In its latest Economic Outlook, released on Tuesday, the Paris-based Organization for Economic Co-operation and Development cut its forecast for US economic growth in 2025, pointing to the fallout from the administration's trade policies. The 2.8% rate it predicted in March has now been reduced to 1.6%.
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1 week ago | 
businessinsider.com | Chris Johnston |Lindsay Dodgson |Henry Blodget
If you want to improve your ability to set boundaries at work, you should try a "resentment audit."Melody Wilding, an executive coach and author of "Managing Up: How to Get What You Need from the People in Charge, told Business Insider that feeling resentment in the workplace is a "good emotional signal that you've let something go on for too long."A resentment audit is figuring out what areas you feel you're carrying all the burden, Wilding said.
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1 week ago | 
businessinsider.com | Chris Johnston |Rachel Hosie |Henry Blodget
The biggest chunk of Google cofounder Sergey Brin's recent gift of Alphabet stock worth almost $700 million went to his nonprofit called Catalyst4, Bloomberg reported. The transfer of just over 4 million Alphabet shares was revealed in a Securities and Exchange Commission filing last week that did not disclose the recipients. A spokesperson for Brin's family office, Bayshore Global, said the shares were given to three philanthropic organizations, Bloomberg reported on Saturday.
