News

Private jet CEO reveals why his company acquired a competitor after taking $20 million PPP funds and furloughing employees at the start of the pandemic

Private jet management firm Jet Linx decided to expand during the pandemic even though its business hasn’t returned to normal and the future of travel remains uncertain. The firm has received scrutiny for receiving federal Paycheck Protection Program relief funds despite having a wealthy clientele and is expecting more with […]
Private jet CEO reveals why his company acquired a competitor after taking $20 million PPP funds and furloughing employees at the start of the pandemic
Tech

We talked to 42 insiders about Tesla’s factory of the future. They revealed the corners cut to hit ambitious production targets.

Tesla has pushed the boundaries of electric-vehicle engineering and technology, but it has struggled with manufacturing. Interviews with 42 current and former Tesla employees depicted the company as one that has cared more about production numbers and engineering than quality and safety. Some of those employees said that despite Tesla’s […]
We talked to 42 insiders about Tesla’s factory of the future. They revealed the corners cut to hit ambitious production targets.
News

A Lincoln exec explains why the automaker wasn’t surprised by the success of its new Navigator SUV — and promises a fully electric Lincoln is in the works

Business Insider spoke to Lincoln president Joy Falotico about the brand’s resurgence. She said Lincoln wasn’t completely surprised by how successful its new Navigator SUV has been. She also said that electrified Lincolns are coming. Visit Business Insider’s homepage for more stories. Ford is in the middle of an $US11-billion […]
A Lincoln exec explains why the automaker wasn’t surprised by the success of its new Navigator SUV — and promises a fully electric Lincoln is in the works
News

An auto exec who was ahead of the curve on electric cars explains what he sees as the biggest opportunity in the self-driving industry

Former GM executive and Fisker Automotive CEO Tony Posawatz has joined the board of Renovo, a California-based startup that’s developing an open-source platform for autonomous mobility and data gathering. Posawatz has a habit of being ahead of the curve on major innovations in transportation technology. Renovo has devised a way […]
An auto exec who was ahead of the curve on electric cars explains what he sees as the biggest opportunity in the self-driving industry
Markets

A hot crypto hedge fund keeps poaching talent from Goldman Sachs

Two former Goldman Sachs employees have joined prominent cryptocurrency hedge fund BlockTower Capital in the past three months, Business Insider has learned. A number of Wall Streeters have been moving over to the crypto world in recent months. Cryptocurrency hedge fund BlockTower Capital keeps scooping up talent from Goldman Sachs, […]
A hot crypto hedge fund keeps poaching talent from Goldman Sachs
Markets

2 key risks are endangering the global economy, IMF says

World economic growth is set to remain firm this year and next, but remains vulnerable to payback from two key factors, according to a new International Monetary Fund report – Chinese private debt and a temporary US fiscal stimulus whose effects will fade. “Some of the temporary fiscal support underpinning […]
2 key risks are endangering the global economy, IMF says