News

The US is running out of bikes

Biking is gaining more traction in the US as Americans look for transportation and exercise alternatives during the coronavirus pandemic. Bike shops are running low on inventory and preorder lists continue to grow because of the boost in demand. More road space for bikes could help cycling become a more […]
The US is running out of bikes
News

Locust swarms devour fields of crops in a single day that would feed 35,000 people — and COVID-19 threatens to make the pest problem even worse

Regions of Africa, Asia, and the Arabian Peninsula harassed by locust swarms could experience increased food insecurity as COVID-19 complicates the response to pest control in already poverty-stricken areas. Locusts can decimate entire farms of crops in a day, eating the same amount as 35,000 people. COVID-19 is disrupting supply […]
Locust swarms devour fields of crops in a single day that would feed 35,000 people — and COVID-19 threatens to make the pest problem even worse
Tech

WeWork’s valuation has fallen from $47 billion last year to $2.9 billion

WeWork’s valuation has fallen to $US2.9 billion, according to its controlling shareholder, SoftBank. The workspace company was valued privately at $US47 billion last year. WeWork’s valuation is due in part to the coronavirus pandemic, SoftBank said in its earnings report. Visit Business Insider’s homepage for more stories. WeWork’s valuation has […]
WeWork’s valuation has fallen from $47 billion last year to $2.9 billion
News

Mitch McConnell says he was wrong to claim Obama didn’t leave Trump a pandemic plan after people pointed out the former president left a 69-page playbook

In an online Trump campaign event this week, Senate Majority Leader Mitch McConnell said the Obama administration didn’t leave President Donald Trump “any kind of game plan” to deal with a pandemic. Former Obama administration officials called out McConnell, saying that they did leave a 69-page plan but that the […]
Mitch McConnell says he was wrong to claim Obama didn’t leave Trump a pandemic plan after people pointed out the former president left a 69-page playbook
News

‘Not paid later, forgiveness’: Joe Biden calls for rent and mortgage payments to be cancelled amid the pandemic

Former Vice President Joe Biden is calling for federal rent and mortgage forgiveness during the pandemic. In an interview on Snapchat’s “Good Luck America” political show, the presumptive Democratic presidential nominee said rent and mortgage postponements weren’t enough. He also proposed a $US15,000 tax credit for first-time homebuyers. Visit Business […]
‘Not paid later, forgiveness’: Joe Biden calls for rent and mortgage payments to be cancelled amid the pandemic
News

Airlines were just warned for a second time by the US government that they’re required to issue refunds for cancelled flights after 25,000 people complained

The Department of Transportation prompted airlines again to refund passengers for cancelled flights during the coronavirus pandemic, according to a USA Today report. The DOT’s imprecise language surrounding refund requirements have led to many disputes between customers and airlines. The agency received 25,000 complaints from customers about refund issues as […]
Airlines were just warned for a second time by the US government that they’re required to issue refunds for cancelled flights after 25,000 people complained
News

Tesla reportedly ignored a stern letter ordering it to cease operations

An Alameda County official sent Tesla a letter Monday ordering it to stop operations as workers returned to the factory, according to the SF Chronicle. As of Tuesday, no further action had been taken against Tesla as it defies the local rules. President Trump waded into the fight on Tuesday […]
Tesla reportedly ignored a stern letter ordering it to cease operations
News

Photos of armed protesters in North Carolina carrying a rocket launcher, shotguns, and pistols while ordering food at a Subway restaurant are trending

Photos of armed protesters ordering sandwiches at a Subway restaurant in Raleigh, North Carolina, on Saturday quickly started to trend over the weekend. The protesters marched through Raleigh’s downtown streets to oppose the state’s stay-at-home orders, which it started easing Saturday. The armed protest came after others around the country, […]
Photos of armed protesters in North Carolina carrying a rocket launcher, shotguns, and pistols while ordering food at a Subway restaurant are trending
News

Check out these wild photos of Disneyland’s sold-out reopening in China — complete with temperature checks, mandatory face masks, and yellow social-distancing boxes

Shanghai Disneyland opened Monday for the first time following its shutdown due to the coronavirus outbreak. Tickets to reopening day quickly sold out online. Shanghai Disneyland is Disney’s first resort to open during the pandemic, and could be a road map for further openings at other locations. Here are 23 […]
Check out these wild photos of Disneyland’s sold-out reopening in China — complete with temperature checks, mandatory face masks, and yellow social-distancing boxes
Tech

Zoom-based escape rooms are here for you and your friends or coworkers

Escape-room company Puzzle Break has created an online version of their traditionally in-person escape room, The Grimm Escape. Participants join a Zoom video call for a 90-minute game filled with team-building, problem-solving, and puzzles. The games are aimed at both small groups and companies. Online bookings cost $US25 a person […]
Zoom-based escape rooms are here for you and your friends or coworkers
News

60,000 people headed to Georgia after it allowed some businesses to open — and it led to the exact scenario researchers warned could make matters worse

62,441 people visited Georgia from neighbouring states as the state re-opened some businesses, according to research from the University of Maryland. The biggest influx came from Florida, which had the strictest remaining rules in place. Researchers have warned of preventable deaths by relaxing protocols too early, but Georgia’s governor isn’t […]
60,000 people headed to Georgia after it allowed some businesses to open — and it led to the exact scenario researchers warned could make matters worse
Tech

Elon Musk says he sympathizes with ‘anti-globalization people’ because the online world is too interconnected and could lead to a ‘mind virus’

Elon Musk says he sympathizes with “anti-globalization people” because “there’s not enough isolation between countries or regions” online. A “mind virus” in the “meme sphere” could spread online rapidly, Musk said on Joe Rogan’s podcast. “We need some kind of mind viral immunity,” Musk said. Visit Business Insider’s homepage for […]
Elon Musk says he sympathizes with ‘anti-globalization people’ because the online world is too interconnected and could lead to a ‘mind virus’
News

Elon Musk says he’s not ‘the biggest fan’ of Warren Buffett

Elon Musk returned to Joe Rogan’s podcast in an episode released Thursday. The pair didn’t smoke marijuana this time, but they did discuss Tesla, Mars, and the ethics of ultrawealth. Musk said there was a difference between those who make their money by building things and those who allocate capital, […]
Elon Musk says he’s not ‘the biggest fan’ of Warren Buffett
News

The US Department of Justice sided with a Virginia church in a legal dispute over whether stay-at-home orders unfairly discriminated against the church

The US Department of Justice sided with a Virginia church in a legal dispute over whether stay-at-home orders unfairly discriminated against the church. The DOJ wrote in a statement of interest that Virginia’s stay-at-home orders had “impermissibly interfered with the church’s free exercise of religion.” The case is one of […]
The US Department of Justice sided with a Virginia church in a legal dispute over whether stay-at-home orders unfairly discriminated against the church
News

Lyft fends off coronavirus fears to top Wall Street expectations

Lyft released first-quarter financials on Wednesday afternoon that easily topped expectations. The company’s revenue and total losses were better than Wall Street expected, and its stock price popped as much as 14%. The coronavirus pandemic has wreaked havoc for Lyft and Uber alike, as shelter-in-place orders across the country lead […]
Lyft fends off coronavirus fears to top Wall Street expectations
News

Royal Caribbean extends its flexible cancellation policy through 2022 as the cruise industry battles to come back from the coronavirus crisis

Hobbled by the coronavirus pandemic, cruise companies are doing everything they can to entice customers to book now. Royal Caribbean said Wednesday any cruise could be changed without penalty through August 2022. Some operators, like Carnival, hope to begin sailing as soon as August. Visit Business Insider’s homepage for more […]
Royal Caribbean extends its flexible cancellation policy through 2022 as the cruise industry battles to come back from the coronavirus crisis
News

Senator who dumped shares after coronavirus briefing reportedly got a $9 million payout as she left the publicly traded company run by her husband

Sen. Kelly Loeffler received a $US9 million payout when she left Intercontinental Exchange, a publicly traded company run by her husband, according to The New York Times. Loeffler came under scrutiny in April after a report said she dumped stock after receiving a confidential coronavirus briefing. The senator denied she […]
Senator who dumped shares after coronavirus briefing reportedly got a $9 million payout as she left the publicly traded company run by her husband
News

Subway and bus drivers in New York City say the government did too little, too late to protect them from the coronavirus as thousands of their colleagues got sick and 98 died

Thousands of transportation workers in New York City have fallen ill with the coronavirus, crippling bus and train service. Business Insider spoke with five Metropolitan Transportation Authority workers who revealed the inside story about how the agency has handled the pandemic. The workers, who are subway and bus operators, said […]
Subway and bus drivers in New York City say the government did too little, too late to protect them from the coronavirus as thousands of their colleagues got sick and 98 died
News

‘GIVE PEOPLE BACK THEIR GODDAMN FREEDOM’: Elon Musk bashes US shelter-in-place orders as ‘fascist,’ says they’re ‘forcibly imprisoning’ people in their homes

Elon Musk is unhappy with the US shutdowns of businesses deemed nonessential. The billionaire on Wednesday said the shuttering of Tesla’s car factories remained a “serious risk” to its business. “Give people back their goddamn freedom,” he said on a conference call. Visit Business Insider’s homepage for more stories. In […]
‘GIVE PEOPLE BACK THEIR GODDAMN FREEDOM’: Elon Musk bashes US shelter-in-place orders as ‘fascist,’ says they’re ‘forcibly imprisoning’ people in their homes
News

Tesla turns a surprise profit despite coronavirus factory shutdowns

Tesla on Wednesday reported a surprise first-quarter profit despite factory shutdowns amid the coronavirus. The company’s stock price spiked as much as 8% in after-hours trading following the news. Semi deliveries will be delayed until 2021, Tesla said, as it ramps up Model Y production. Visit Business Insider’s homepage for […]
Tesla turns a surprise profit despite coronavirus factory shutdowns
Markets

Barclays’ CEO says crowded offices could be ‘a thing of the past’

Barclays’ CEO said on Wednesday that offices may never see the same crowds again after the coronavirus pandemic subsides. “There will be a long-term adjustment to our location strategy,” he told reporters following the announcement of the bank’s first-quarter results. All over Wall Street executives are mulling massive changes to […]
Barclays’ CEO says crowded offices could be ‘a thing of the past’
News

The US government will do a ‘full review’ of any company taking a small business loan over $2 million after massive corporations took advantage of the program

As $US310 billion in new funding replenishes the Paycheck Protection Program, small businesses can expect more oversight. Treasury Secretary Steven Mnuchin said Tuesday that loans over $US2 million will undergo a “full review” before they’re forgiven. At least 220 publicly traded companies took loans from the program. 15 have said […]
The US government will do a ‘full review’ of any company taking a small business loan over $2 million after massive corporations took advantage of the program
News

4 states in the US have already begun reopening businesses. Check out what that looks like in South Carolina, Oklahoma, and Georgia.

States including Oklahoma, Alaska, Georgia, and South Carolina began reopening their economies this week, and others are following suit and lifting stay-at-home orders by Thursday. Epidemiologists worry that reopening too soon could cause a second wave of cases, especially if states open before seeing a steady 14-day decline in COVID-19 […]
4 states in the US have already begun reopening businesses. Check out what that looks like in South Carolina, Oklahoma, and Georgia.
News

Joe Biden says corporate America is ‘greedy as hell’

The presumptive 2020 Democratic presidential nominee, Joe Biden, called corporate America “greedy as hell” in a new interview with Politico. Discussing large companies and banks, he said “this is the second time we’ve bailed their asses out.” He also said states and cities needed more funding from future relief packages. […]
Joe Biden says corporate America is ‘greedy as hell’