News

The original Segway is dead, as the company brings production to an end

The production of the Segway PT is coming to an end after the company announced it would sunset its namesake device and plans to lay off 21 employees. Accounting for less than 1.5% of the company’s profit, Segway PT’s are no longer a financially attractive endeavour for the hardware maker. […]
The original Segway is dead, as the company brings production to an end
News

Virgin Galactic inks a deal with NASA to help train private astronauts

Virgin Galactic said Monday it’s signed a deal with NASA to train astronauts and support space missions. Investors cheered the news, sending shares higher by as much as 20%. Virgin is actively taking reservations for private flights as it races with SpaceX to send tourists to space. Visit Business Insider’s […]
Virgin Galactic inks a deal with NASA to help train private astronauts
News

Tesla reveals potential Austin Gigafactory location for the first time

Tesla has decided on a potential location for its newest US factory if it ends up choosing Austin, but the company has yet to officially make the purchase. Texas and Oklahoma were widely reported to be the final contenders for Elon Musk’s newest factory after the billionaire sparred with California […]
Tesla reveals potential Austin Gigafactory location for the first time
News

Amazon’s list of best-selling items now includes face masks

Amazon’s best-sellers list now includes face masks and other personal protective equipment. Face masks became a staple purchase during the pandemic and are recommended to be worn in public by the CDC. Amazon’s best-selling face masks range from reusable cotton masks to disposable surgical masks. Visit Business Insider’s homepage for […]
Amazon’s list of best-selling items now includes face masks
News

McDonald’s announces plan to hire 260,000 restaurant employees this summer

McDonald’s intends to hire 260,000 workers in the summer as states and counties continue the reopening process. The franchise adopted 50 new safety procedures during the pandemic including fever screenings after employees were upset about pay and safety protections. McDonald’s employees have the chance to participate in Archway Opportunity, McDonald’s […]
McDonald’s announces plan to hire 260,000 restaurant employees this summer
Tech

Robinhood was hit with trading issues on Thursday

Robinhood, the free stock-trading platform, experienced trading issues Thursday. The company said it was investigating problems with trading stocks, cryptocurrencies, and options contracts, as well as bank transfers. Within an hour, the problems were resolved. “This morning, customers may have experienced issues with some of our services. We’ve resolved the […]
Robinhood was hit with trading issues on Thursday
News

Aunt Jemima’s logo has changed 6 times, and its history is rooted in racial stereotypes and slavery — check out how the brand started and evolved over 130 years

PepsiCo’s pancake brand Aunt Jemima will no longer use its picture of a Black woman or the name “Aunt Jemima.” Its logo has changed six times, and the brand’s past is rooted in racial stereotypes and slavery. Visit Business Insider’s homepage for more stories. Aunt Jemima is changing its name […]
Aunt Jemima’s logo has changed 6 times, and its history is rooted in racial stereotypes and slavery — check out how the brand started and evolved over 130 years
News

Kanye West just filed a trademark application for a YEEZY-branded cosmetics line — hinting at a potential foray into the beauty business

Kanye West has applied for a trademark on Yeezy-branded cosmetics. The filing includes provisions for makeups, creams, hair gels, and even scented pine cones. Companies often file trademarks to protect intellectual property without actually selling products, but the move has sparked speculation of a possible Yeezy beauty business. The Yeezy […]
Kanye West just filed a trademark application for a YEEZY-branded cosmetics line — hinting at a potential foray into the beauty business
News

The US Government is refusing to say which businesses received over $500 billion in coronavirus bailout loans

The US government declined to share which small businesses have received loans under the Payroll Protection Program. Treasury Secretary Mnuchin told lawmakers that the information was considered proprietary and confidential. Usually, the Small Business Administration discloses loans it provides to companies. Visit Business Insider’s homepage for more stories. US taxpayers […]
The US Government is refusing to say which businesses received over $500 billion in coronavirus bailout loans
News

Shifting Gears: People really hate Amtrak’s new dining options

There’s no reason to ride a train across the United States. When I pitched a trip from New York City to Seattle last year, I didn’t completely expect to get it approved – but I’m so glad it did. 2019 was Amtrak’s best financial year on record, helped in part […]
Shifting Gears: People really hate Amtrak’s new dining options
News

The weekly $600 unemployment bonus that millions of Americans are relying on will disappear in less than 2 weeks unless Congress can agree on a plan to extend the payments

Congress approved a $US600 unemployment bonus on top of state payments as part of its coronavirus relief efforts in March. Those weekly payments are set to expire on July 31, with the last payments coming the week prior, and there’s no consensus yet among lawmakers about extending them. Republicans, who […]
The weekly $600 unemployment bonus that millions of Americans are relying on will disappear in less than 2 weeks unless Congress can agree on a plan to extend the payments
News

Tesla loses another vice president, this time from business development

Tesla’s vice president of business development, Robin Ren, has left the company, according to his LinkedIn profile. Ren is the latest executive to leave after a spate of executive departures in the past two years, which most recently saw the company’s head of European expansion leave as its newest factory […]
Tesla loses another vice president, this time from business development
Tech

Twitter and Square are making Juneteenth a permanent company holiday

Juneteenth will be a company holiday at Twitter and Square, the companies’ CEO, Jack Dorsey, said Tuesday. The June 19 holiday, which celebrates the emancipation of US slaves in Texas in 1865, will be set aside for “celebration, education, and connection,” he said. Visit Business Insider’s homepage for more stories. […]
Twitter and Square are making Juneteenth a permanent company holiday
News

Several Tesla employees reportedly contracted the coronavirus after Elon Musk opened its factory despite shelter-in-place orders

Tesla employees tested positive for the coronavirus after Tesla resumed work at its factories, the Washington Post reports. The company defied local shelter-in-place orders to restart manufacturing amid the pandemic in May. There’s clear evidence that lockdown efforts and social distancing helped slow the virus’ spread – and that many […]
Several Tesla employees reportedly contracted the coronavirus after Elon Musk opened its factory despite shelter-in-place orders
Tech

The $2 billion SoftBank-backed insurance startup Lemonade has filed to go public

Lemonade, an insurance startup worth $US2 billion, filed financial paperwork on Monday to go public. In its registration statement, the company revealed ballooning losses alongside top-line growth. Other SoftBank-backed startups, from Uber to WeWork, are haemorrhaging money. Visit Business Insider’s homepage for more stories. Lemonade, an insurance company backed by […]
The $2 billion SoftBank-backed insurance startup Lemonade has filed to go public
News

There’s one segment of electric vehicles even Tesla is late to — everyone from Amazon to automakers is racing to build the perfect electric delivery van

Electric cargo vans lie at the intersection of several automotive and urban trends. They’re efficient, emissions free, and fit perfectly within existing EV charging networks. Morgan Stanley says recent investments by Amazon, GM, and others could be an inflection point for the segment. Visit Business Insider’s homepage for more stories. […]
There’s one segment of electric vehicles even Tesla is late to — everyone from Amazon to automakers is racing to build the perfect electric delivery van
News

Shifting Gears: Is this the end of public transit?

Happy Friday and welcome to another week of Shifting Gears, Business Insider’s weekly roundup of all things transportation. The Centres for Disease Control had a dire warning this week as businesses slowly start to bring back employees: they should drive to work. Of course, they can also bike or walk, […]
Shifting Gears: Is this the end of public transit?
News

Shocking video shows crowded Las Vegas casino on first day of reopening

Las Vegas casinos began opening Thursday during phase two of Nevada’s reopening process. Before reopening, casinos created plans to promote safety, including ways to keep customers socially distanced. Some venues struggled to maintain social distancing between customers during the first day of reopening. A video of The D casino’s gaming […]
Shocking video shows crowded Las Vegas casino on first day of reopening
News

Beijing is reportedly giving its citizens $1.7 billion to go shopping

Beijing is giving its citizens 12.2 billion yuan ($US1.7 billion USD) in vouchers to spend as China seeks to recover from the coronavirus, according to a report by Bloomberg. Aside from shopping, the vouchers can be used for catering, tourism, education, and sports, the report said. Retail sales in China […]
Beijing is reportedly giving its citizens $1.7 billion to go shopping
News

NYPD cancels officers’ regular days off amid George Floyd protests

The New York Police Department is cancelling officers’ regular days off as protests continue across New York City. The protests have been mostly peaceful although instances of looting and vandalism did break out and police also clashed with protesters in Brooklyn. New York City is under an 8 p.m. curfew […]
NYPD cancels officers’ regular days off amid George Floyd protests
News

New York City is offering free coronavirus tests to all New Yorkers

New York City is now offering free testing to all New Yorkers. There are over 150 testing sites across the city. The testing is part of a larger contact-tracing initiative, the mayor’s office said. The tests identify people who currently have COVID-19, and are different from antibody tests, which identify […]
New York City is offering free coronavirus tests to all New Yorkers
Tech

The Trump administration was just hit with the first lawsuit challenging its executive order targeting social-media companies

A technology advocacy group filed the first lawsuit challenging President Trump’s recent executive order targeting social-media companies. The lawsuit on Tuesday, filed by the Centre for Democracy in Technology, argues that the order violates the First Amendment. Trump issued the executive order, which seeks to change a law protecting social-media […]
The Trump administration was just hit with the first lawsuit challenging its executive order targeting social-media companies
News

Canadian Prime Minister Justin Trudeau was speechless for over 20 seconds after he was asked to respond to the use of force on peaceful protesters in DC so Trump could pose for a photo

Canadian Prime Minister Justin Trudeau was asked on Tuesday to respond to the use of tear gas on peaceful protesters in Washington, DC, so that US President Donald Trump could pose for a photo. Trudeau was speechless for over 20 seconds. “We all watch in horror and consternation what’s going […]
Canadian Prime Minister Justin Trudeau was speechless for over 20 seconds after he was asked to respond to the use of force on peaceful protesters in DC so Trump could pose for a photo
News

Pepper spray sales are surging as protests rock the United States

Pepper spray, Black Lives Matter merchandise, and antidepressants are in high demand. A Sabre protective spray climbed to the top spot of Amazon’s sports and outdoor best sellers list on Tuesday, with others also gracing the top items. Protests continued to rock US cities on Monday night despite curfews and […]
Pepper spray sales are surging as protests rock the United States
News

A Louisville restaurant owner known for feeding police for free was killed by authorities — and his body was reportedly left on the street for 12 hours

David McAtee, the owner of a barbecue restaurant in Louisville, Kentucky, was killed during a protest on Monday. McAtee was known in the community for giving food away, including to police officers, according to the Louisville Courier Journal. McAtee was killed after police and Kentucky National Guard members were fired […]
A Louisville restaurant owner known for feeding police for free was killed by authorities — and his body was reportedly left on the street for 12 hours
News

A curfew for New York City will start at 11 p.m. on Monday

New York City will be under a curfew rule beginning 11 p.m. on Monday, Gov. Andrew Cuomo announced. It’s unclear whether essential workers who travel during overnight hours will be exempt. Protests have led to large crowds in Brooklyn and Manhattan in recent days, which in some cases have turned […]
A curfew for New York City will start at 11 p.m. on Monday
Tech

Trump’s feud with Twitter, explained in 30 seconds

President Trump and Twitter have been embroiled in a feud this week over fact-checking, a tweet “glorifying violence,” and a 1996 internet law. Here’s a timeline of the events, explained in 30 seconds. Visit Business Insider’s homepage for more stories. The mail-in voting tweets President Donald Trump tweeted earlier this […]
Trump’s feud with Twitter, explained in 30 seconds
Lifestyle

Kylie Jenner is reportedly no longer a billionaire, and Forbes says she likely showed it fake tax returns: ‘It’s clear that Kylie’s camp has been lying’

Kylie Jenner is no longer a billionaire, according to Forbes. Forbes reported that Jenner’s previous claims about her wealth and her company, Kylie Cosmetics, were exaggerated. Jenner is worth just under $US900 million, according to Forbes’ latest calculation. Jenner disputed Forbes’ story in a tweet, writing, “i’ve never asked for […]
Kylie Jenner is reportedly no longer a billionaire, and Forbes says she likely showed it fake tax returns: ‘It’s clear that Kylie’s camp has been lying’
News

‘No mask — no entry’: New York Gov. Cuomo says he’ll sign an executive order allowing businesses to refuse service to people who won’t wear masks

New York Gov. Andrew Cuomo plans to sign an executive order allowing businesses to refuse service to people who won’t wear masks. There’s clear evidence that face coverings can help slow the spread of the coronavirus. However, their requirement has become a point of political and cultural divide reaching as […]
‘No mask — no entry’: New York Gov. Cuomo says he’ll sign an executive order allowing businesses to refuse service to people who won’t wear masks
Strategy

‘3-day weekends are better’: Andrew Yang says the US should ‘seriously’ consider switching to a 4-day workweek to boost people’s mental health

Andrew Yang says the US should “seriously” consider a four-day workweek. Some studies have shown four-day workweeks increase worker satisfaction and productivity, and Microsoft’s Japan subsidiary reported a 40% boost in productivity after trialing the change. The coronavirus pandemic has increased interest in a four-day workweek as companies have been […]
‘3-day weekends are better’: Andrew Yang says the US should ‘seriously’ consider switching to a 4-day workweek to boost people’s mental health
News

‘Nobody’s making money in this business’: Uber’s CEO defends a possible GrubHub merger amid criticism of the reported merger talks

Uber CEO Dara Khosrowshahi was on Recode’s Decode Podcast with Kara Swisher, published Monday. In the interview, Khosrowshahi defended any potential deal in the food-delivery space, downplaying concerns from some lawmakers about “pandemic profiteering.” In order for anyone to make a profit delivering meals or groceries, he said, it all […]
‘Nobody’s making money in this business’: Uber’s CEO defends a possible GrubHub merger amid criticism of the reported merger talks
News

Disney Springs reopened this week, but it’s not the same. Check out these pictures of what visiting the resort is now like, with mandatory mask, fever checks, and social distancing.

Disney Springs reopened Wednesday at a modified capacity with fever checks and required masks. A reduced number of restaurants and shops were open and more are expected to return to operations May 27. Read on to see how Disney Springs is reopening during the coronavirus pandemic. Visit Business Insider’s homepage […]
Disney Springs reopened this week, but it’s not the same. Check out these pictures of what visiting the resort is now like, with mandatory mask, fever checks, and social distancing.
Tech

Netflix is rolling out an unexpected policy that will save forgetful people money — shutting down accounts that aren’t being used

Netflix is notifying users about inactive accounts and deleting subscriptions for those who don’t respond. Users can reactivate their accounts within 10 months if they want to keep the same profile. Visit Business Insider’s homepage for more stories. Getting charged for under-the-radar account subscriptions, especially ones you no longer use, […]
Netflix is rolling out an unexpected policy that will save forgetful people money — shutting down accounts that aren’t being used
News

Tesla is like ‘Apple 20 years ago,’ Morgan Stanley says

The similarities between Tesla and Apple are increasing, according to Morgan Stanley analysts. The bank’s analyst who covers Apple says Tesla is like the tech firm was two decades ago. It may be time for Tesla to consider an operations chief to eventually continue Musk’s legacy, they said. Visit Business […]
Tesla is like ‘Apple 20 years ago,’ Morgan Stanley says
News

Tesla drops its lawsuit against California county over coronavirus shutdown

With its factory once again running in California, Tesla dropped a lawsuit filed earlier this month against local county officials which argued it should be allowed to reopen to manufacturing. Tesla notified the federal court in documents filed Wednesday that it was dropping the lawsuit against Alameda County “without prejudice.” […]
Tesla drops its lawsuit against California county over coronavirus shutdown