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Former rivals Baker Tilly and Moss Adams just merged as private equity reshapes accounting. Their CEOs explain why they did the deal.

23 hours ago | businessinsider.com | Polly Thompson |Henry Blodget

Baker Tilly and Moss Adams merged this week in a deal that marks another shake-up for mid-market consulting firms and emphasizes the role being played by private equity in US accounting. The two firms, which are both in the tier below the Big Four, have a combined annual revenue of over $3 billion. By joining forces, they've catapulted themselves above BDO, Grant Thornton US, and CLA to become the 6th largest accounting firm by revenue in the US.
Companies are dialing back their Pride Month celebrations — and angering both the left and the right

1 day ago | businessinsider.com | Ashley Rodriguez |Dominick Reuter |Henry Blodget

Corporate Pride is looking a little less proud this year. Companies seem to have followed a common Pride Month playbook for the past several years. The checklist included changing social media avatars to rainbow logos, sponsoring parade floats, making donations, or casting ads a little differently from the rest of the year. This June, corporate Pride seems quieter amid a combination of cultural and political pressure against DEI in general, and the LGBTQ+ community in particular.
Who will be Trump's new Silicon Valley bestie?

1 day ago | businessinsider.com | Leena Rao |Julia Hornstein |Henry Blodget

Back in 2015, Bezos wanted to launch Trump into orbit after the at-the-time presidential candidate fired shots at Bezos on what was Twitter, now X, calling the Washington Post, which Bezos owns, a "tax shelter," Bezos responded that he'd use Blue Origin, a space company Bezos founded, to "#sendDonaldtospace."Times have certainly changed. In January, Bezos said he is "very optimistic" about the administration's space agenda.
An OpenAI exec says she was diagnosed with breast cancer and that ChatGPT has helped her navigate it

1 day ago | businessinsider.com | Sarah Gray |Kelsey Vlamis |Henry Blodget

Kate Rouch, the chief marketing officer at OpenAI, shared on Friday that she was diagnosed with invasive breast cancer weeks after assuming the role, which she called her "dream job," in December. In a thread posted on X, Rouch said she was sharing her story to help other women, adding, "We can't control what happens to us--but we can choose how we face it.
Howard Lutnick says bananas — a tropical fruit — should be grown in the US

1 day ago | businessinsider.com | Sarah Gray |Katherine Li |Henry Blodget

The Secretary of Commerce and a Congresswoman just clashed over whether bananas can and should be grown in the US. "There's no uncertainty if you build in America and you produce your product in America, there will be no tariff," Howard Lutnick told Rep. Madeleine Dean of Philadelphia during a House hearing on Thursday morning. Dean was saying that for her constituents in suburban Philadelphia, Trump's tariffs would cause at least a $2,000 a year price increase on goods.
DeepWho? DeepSeek rolled out even more powerful, cheap AI tech. If you missed it, you're not alone.

1 day ago | businessinsider.com | Leena Rao |Alistair Barr |Henry Blodget

DeepSeek updated its R1 AI model a few days ago. It performs better and it's still cheaper than most other top models. Did you miss it? I missed it. Or I saw the news briefly and then forgot about it. Most of the tech industry and investors greeted the launch with a giant shrug. This is a pretty stark contrast to early 2025 when DeepSeek's R1 model freaked everyone out. Tech stocks plunged and the generative AI spending boom was seriously questioned.
The Best Nintendo Switch 2 Accessories

1 day ago | businessinsider.com | Steven Cohen |William Antonelli |Henry Blodget

Written by William Antonelli edited by Steven Cohen 2025-06-06T20:44:00Z Facebook Email X LinkedIn Copy link 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? . When you buy through our links, Business Insider may earn an affiliate commission.
Brookfield Properties lays off executives as it continues evolution from CRE giant to asset manager

1 day ago | businessinsider.com | Michelle Abrego |Daniel Geiger |Henry Blodget

Brookfield Properties, which operates one of the country's largest commercial real estate portfolios, laid off a handful of executives in its office division on Thursday, according to a person with direct knowledge of the downsizing. In its New York headquarters, the firm let go of three office leasing executives, an executive who oversees asset management, and an employee who was part of an internal group that manages art installations and events, the person familiar with the cuts said.
Diabetes startup Omada Health finally went public after 14 years. Here's who made bank.

1 day ago | businessinsider.com | Leena Rao |Rebecca Torrence |Henry Blodget

Omada Health just went public at a $1.1 billion valuation — 14 years after its founding. It's the second digital health IPO of the year, following physical therapy company Hinge Health, which went public on May 21. The two IPOs come after a multiyear drought for healthcare public market debuts. And so far, Omada's IPO hasn't disappointed.
The biggest bombshells and takeaways from Musk's fight with Trump

1 day ago | businessinsider.com | Jack Sommers |Tom Carter |Ana Altchek |Henry Blodget

Elon Musk, the world's richest person, and President Donald Trump, the world's most powerful person, have had a working relationship that touches on everything from party politics to spaceflight. As that relationship disintegrates in full public view, there are major ramifications — and revelations — from their feud. Whether you're catching up or avidly following the latest play-by-play as it unfolds online, these are 4 major bombshells and takeaways from their apparent falling out.