Tech

T-Mobile launched its standalone 5G network in the US

T-Mobile’s standalone 5G network is launching throughout the US. It’s the first major phone carrier to launch such a standalone architecture. The expanded coverage means more people will have faster speed and connectivity on their smartphones and other devices in a larger number of places. Visit Business Insider’s homepage for […]
T-Mobile launched its standalone 5G network in the US
Tech

Amazon is reportedly facing a new antitrust investigation into its online marketplace led by the FTC and attorneys general in New York and California

The Federal Trade Commission and attorneys general from New York and California have opened a new antitrust investigation into Amazon’s online marketplace, Bloomberg reported Monday. The agencies will coordinate on the probe and plan to interview witnesses starting in the next few weeks, according to the report. Amazon has come […]
Amazon is reportedly facing a new antitrust investigation into its online marketplace led by the FTC and attorneys general in New York and California
News

7-Eleven is buying Speedway gas stations in a $21 billion deal

7-Eleven’s parent company is buying Speedway gas stations in a $US21 billion all-cash deal. After tax, the deal will bring in roughly $US16.6 billion for Marathon, which the company hopes to use to “strengthen [the] balance sheet. With the addition of Speedway locations, Seven & I Holdings will have roughly […]
7-Eleven is buying Speedway gas stations in a $21 billion deal
Lifestyle

THE STYLE SERIES: How Montblanc, a 114-year-old heritage luxury brand best known for its leather goods and $500 pens, is expanding into tech

Montblanc has released new smart headphones. It marks the heritage brand’s first major foray into new technology. The company also released a smartwatch collection. In a new interview with Business Insider, Felix Obschonka, Montblanc’s director of new technologies, spoke about designing new products and how the company plans to continue […]
THE STYLE SERIES: How Montblanc, a 114-year-old heritage luxury brand best known for its leather goods and $500 pens, is expanding into tech
News

I went to a private shopping session at J.Crew and trying on clothes inside an actual dressing room is the closest I’ve felt to normal during the pandemic

J.Crew recently began offering 30-minute private shopping sessions at its stores during off-hours amid the pandemic to assist shoppers looking for extra styling help and allow them to use the normally closed fitting rooms. Though private shopping sessions are not something I usually do, I tried one out for the […]
I went to a private shopping session at J.Crew and trying on clothes inside an actual dressing room is the closest I’ve felt to normal during the pandemic
News

The pandemic is creating a reckoning for jeans

When it comes to staying at home, athleisure is king. Jeans sales are seeing sharp declines along with the rest of the apparel market, according to The NPD Group’s Maria Rugolo. But, it’s still unlikely that jeans will go away altogether. Visit Business Insider’s homepage for more stories. As many […]
The pandemic is creating a reckoning for jeans
News

The rise and fall of the American mall

American malls were created in the rise of suburbia in order to create spaces for Americans to gather and form communities. Starting with the opening of the Southland Mall in 1956, malls have been a vaulted piece of Americana for decades. But with so many malls being built in close […]
The rise and fall of the American mall
News

McDonald’s CEO says that workers might call the police on customers who won’t wear a mask — and it could be a growing trend in retail

McDonald’s employees may call the police on a customer who refuses to wear a mask, McDonald’s CEO Chris Kempczinski said. McDonald’s announced a mask mandate after weeks of reports concerning harassment and abuse directed at its workers by customers who refused to wear masks. Although many major retailers announced mask […]
McDonald’s CEO says that workers might call the police on customers who won’t wear a mask — and it could be a growing trend in retail
News

Americans are now drinking so many things out of cans that it’s causing a can shortage — and it’s just one more reason many small breweries are struggling to survive the pandemic

The shortage of aluminium cans could hurt small breweries more than the bigger players. Even before the pandemic hit, more and more beverages were being consumed in cans, leading to tight supplies. It might be tough for small breweries to compete. Visit Business Insider’s homepage for more stories. The US […]
Americans are now drinking so many things out of cans that it’s causing a can shortage — and it’s just one more reason many small breweries are struggling to survive the pandemic
Tech

Apple says the new iPhone will likely be delayed a few weeks

Apple said it expects supply of its next iPhone to be available “a few weeks later” compared to last year’s iPhone launch. The comments come as reports have suggested the next-generation iPhone may be delayed because of supply chain issues stemming from the coronavirus pandemic. Apple made the comments in […]
Apple says the new iPhone will likely be delayed a few weeks
Tech

The Big 4 tech companies — Amazon, Apple, Facebook, and Google, worth $5 trillion combined — just crushed their earnings reports

Apple, Alphabet, Amazon, and Facebook all reported their second-quarter earnings on Thursday. These four, along with Microsoft, are the five most-valuable publicly traded companies on the S&P 500. These earnings reports come one day after the CEOs of Apple, Alphabet, Amazon, and Facebook testified before the House Judiciary’s antitrust subcommittee […]
The Big 4 tech companies — Amazon, Apple, Facebook, and Google, worth $5 trillion combined — just crushed their earnings reports
Tech

A surfaced email shows Apple striking a 2016 deal with Amazon, offering a 15% App Store fee instead of 30% so that the Prime Video app would launch on iPhones

Documents published as part of an ongoing congressional antitrust investigation include an email exchange between Apple’s Eddy Cue and Amazon CEO Jeff Bezos, who testified in Wednesday’s hearing alongside his fellow tech execs. The email shows how Apple agreed to charge 15% in subscriptions for the e-commerce giant instead of […]
A surfaced email shows Apple striking a 2016 deal with Amazon, offering a 15% App Store fee instead of 30% so that the Prime Video app would launch on iPhones
News

Nordstrom is laying off workers and cutting hours and wages for those who remain

Nordstrom is quietly cutting positions at its stores, according to interviews with six employees. Employees who spoke with Business Insider said they received calls from their managers asking them whether they would be comfortable returning to work. Three workers said they were let go after expressing doubts to their managers […]
Nordstrom is laying off workers and cutting hours and wages for those who remain
Tech

CEOs from Apple, Amazon, Google, and Facebook had to defend their companies against what lawmakers called ‘a pattern of’ monopolistic behaviour. Here’s how each was grilled during Wednesday’s landmark hearing.

Wednesday’s tech antitrust hearing was a gruelling six-hour event in which House committee members grilled Jeff Bezos, Tim Cook, Mark Zuckerberg, and Sundar Pichai about their companies’ market power. Cook, Apple’s CEO, received what seemed like the fewest questions, but he was asked about the App Store and how Apple […]
CEOs from Apple, Amazon, Google, and Facebook had to defend their companies against what lawmakers called ‘a pattern of’ monopolistic behaviour. Here’s how each was grilled during Wednesday’s landmark hearing.
News

McDonald’s says it will recruit more diverse franchisees, suppliers, and execs, following discrimination accusations from Black franchisees and workers

McDonald’s announced new initiatives on diversity and a partnership with the medical nonprofit Mayo Clinic in a system-wide digital event on Wednesday. The company said diversity efforts will include addressing hiring bias and recruiting more diverse franchisees. McDonald’s will track its progress annually and ask business partners to do the […]
McDonald’s says it will recruit more diverse franchisees, suppliers, and execs, following discrimination accusations from Black franchisees and workers
News

Dunkin’ is closing 800 stores across America

Dunkin’ plans to close 800 locations across the US in 2020. All 450 locations within Speedway shops will close by the end of the year. Dunkin’ expects massive closures of local coffee shops, something that the chain says creates new opportunities for Dunkin’ to open more locations in the future. […]
Dunkin’ is closing 800 stores across America
News

The $1 trillion stimulus package proposed by Republicans would compensate businesses for ‘vandalism or looting due to public disturbances that occurred during 2020’

Republican lawmakers unveiled a $US1 trillion coronavirus relief package, dubbed the HEALS Act, on Monday. The proposed package includes a provision to compensate businesses for “looting and vandalism due to public disturbances that occurred during 2020.” Since George Floyd’s death at the knee of a police officer in May, protests […]
The $1 trillion stimulus package proposed by Republicans would compensate businesses for ‘vandalism or looting due to public disturbances that occurred during 2020’
News

Why salad chains have popped up everywhere

Sweetgreen and Chopt have transformed salad from a side dish to a $US12 meal. Salad chains are everywhere in big cities, but these salads are expensive. At an average price of over $US10, salad is becoming unaffordable for a lot of people Visit Business Insider’s homepage for more stories. Editors […]
Why salad chains have popped up everywhere
News

Amazon has started free grocery deliveries to some Prime members in the UK. The boss of British grocer Waitrose called it a ‘nuclear’ option in the battle for online shopping supremacy.

Amazon has rolled out free grocery deliveries to UK Prime members through Amazon Fresh. Amazon Fresh is available in London and the south-east, but the service is expected to roll out nationwide by Christmas. The service previously required a fee on top of Prime membership. Now, customers will not be […]
Amazon has started free grocery deliveries to some Prime members in the UK. The boss of British grocer Waitrose called it a ‘nuclear’ option in the battle for online shopping supremacy.
Tech

Jeff Bezos will tell Congress that Amazon’s size is a good thing, and that it faces plenty of competition from rivals like Walmart: ‘Just like the world needs small companies, it also needs large ones’

Amazon posted CEO Jeff Bezos’ prepared testimony Tuesday on its blog ahead of his appearance at the historic Congressional tech antitrust hearing on Wednesday. Bezos plans to argue that Amazon’s size benefits consumers, sellers, and the economy, and that it faces plenty of competition from rivals including Walmart, Instacart, and […]
Jeff Bezos will tell Congress that Amazon’s size is a good thing, and that it faces plenty of competition from rivals like Walmart: ‘Just like the world needs small companies, it also needs large ones’
News

Victoria’s Secret’s parent company is laying off 850 employees

L Brands, parent company of Victoria’s Secret and Bath & Body Works, is laying off about 850 people at its headquarters. The company is in the midst of separating its major brands into two standalone companies. “Decisions relating to our workforce are incredibly difficult and not taken lightly, but these […]
Victoria’s Secret’s parent company is laying off 850 employees
Tech

These tiny drink factories can be powered by the sun to allow users to create a brewery almost anywhere — here’s how they work

Swedish company Wayout created beverage microfactories that can be plugged in anywhere. Users select recipes, order ingredients, and more through an app. The microfactories minimise emissions, energy, and plastic waste. Visit Business Insider’s homepage for more stories. Transportation and food systems are some of the largest industries contributing to climate […]
These tiny drink factories can be powered by the sun to allow users to create a brewery almost anywhere — here’s how they work
News

Alabama is restricting alcohol sales after 11 p.m. in bars, restaurants, and country clubs in an effort to contain the spread of COVID-19

Alabama’s Alcoholic Beverage Control Board on Monday voted unanimously to restrict sales of alcohol in an effort to contain the coronavirus. Alcohol sales cannot be conducted statewide after 11:00 p.m. for on-premise locations such as restaurants, country clubs, and bars. The emergency rule is effective immediately, but it won’t officially […]
Alabama is restricting alcohol sales after 11 p.m. in bars, restaurants, and country clubs in an effort to contain the spread of COVID-19
Lifestyle

The womenswear guide to dressing for Zoom this summer: We asked style experts to pick the 11 shirts, pants, and accessories for a professional at-home look

Business Insider spoke to top stylists to create the ultimate womenswear guide on dressing for Zoom this summer. Many of the stylists we spoke to agreed that women should look to wear comfortable knitwear sweaters, as well as invest in white and black “professional-looking” shirts. Business Insider previously spoke to […]
The womenswear guide to dressing for Zoom this summer: We asked style experts to pick the 11 shirts, pants, and accessories for a professional at-home look
News

Chick-fil-A, McDonald’s, and other fast-food giants quietly raise menu prices for delivery orders by more than 15%

Chains including McDonald’s, Chick-fil-A, and Starbucks have quietly raised prices for menu items being ordered for delivery. Average fast-food menu prices are 15.3% higher for delivery orders than pick-up orders, before additional fees or tips, according to Gordon Haskett analysis. The same Chick-fil-A chicken sandwich, ordered at the same restaurant […]
Chick-fil-A, McDonald’s, and other fast-food giants quietly raise menu prices for delivery orders by more than 15%
News

Retailers like Walmart, Target, and Best Buy are opting to close their doors on Thanksgiving Day in response to the pandemic. Check out the full list.

After Walmart became the first major retailer to announce plans to close on Thanksgiving Day, other companies are starting to follow suit, citing the coronavirus outbreak as the catalyst. The closures are challenging the future of the already contentious practice of staying open on the holiday, which some retailers have […]
Retailers like Walmart, Target, and Best Buy are opting to close their doors on Thanksgiving Day in response to the pandemic. Check out the full list.
News

A total of 16 states are holding back-to-school tax holiday periods that help curb the cost of supplies, as local school districts puzzle over whether or not to reopen in the fall

A total of 16 states are holding back-to-school tax holidays this year, during which shoppers are exempt from paying taxes on select items including supplies, clothing, shoes, and electronics like laptops. The decision to move forward with the tax-free periods comes as school districts continue to puzzle over opening schools […]
A total of 16 states are holding back-to-school tax holiday periods that help curb the cost of supplies, as local school districts puzzle over whether or not to reopen in the fall
Tech

The CEOs of Apple, Google, Facebook, and Amazon are about to testify before Congress in a historic antitrust hearing. Here’s what’s at stake for each company.

The tech CEOs of Apple, Google, Amazon, and Facebook will appear before Congress in a first-of-its-kind hearing on Wednesday. They will be testifying as part of an antitrust investigation into the dominance of digital platforms that has been running since last June. The CEOs, who will likely appear remotely over […]
The CEOs of Apple, Google, Facebook, and Amazon are about to testify before Congress in a historic antitrust hearing. Here’s what’s at stake for each company.
News

Sephora cut ‘a number’ of jobs tied to its JCPenney partnership, resurfacing concerns about the deal with the bankrupt department store

Sephora laid off 117 people, including “a number” of workers focused on its partnership with JCPenney, Retail Dive reported earlier this week. JCPenney is in the process of closing 152 stores. Before the bankruptcy, Sephora operated about 600 shops inside of JCPenney department stores, which it calls SiJCP. Ultimately, though, […]
Sephora cut ‘a number’ of jobs tied to its JCPenney partnership, resurfacing concerns about the deal with the bankrupt department store
Lifestyle

THE STYLE SERIES: How a fashion school dropout broke into the industry with a Teen Vogue internship, made her way up Vogue’s corporate ladder, and eventually struck out on her own — including a gig styling Solange’s visual album

Mecca James-Williams started her career in the fashion industry interning at Teen Vogue. She worked her way up to become the first assistant to Italian fashion editor Giovanna Battaglia Engelbert. After years as a marketing assistant and stylist, James-Williams is preparing to launch her own styling business. In an interview […]
THE STYLE SERIES: How a fashion school dropout broke into the industry with a Teen Vogue internship, made her way up Vogue’s corporate ladder, and eventually struck out on her own — including a gig styling Solange’s visual album
Lifestyle

A viral Twitter thread is asking what’s considered trashy if you’re poor, but classy if you’re rich — and things like doughnuts, marrying your cousin, and being bilingual are all making the list

A tweet from 2016 went viral again this week, prompting users to answer the question: “What’s considered trashy if you’re poor, but classy if you’re rich?” Many responded to the post, commenting on how activities such as living with your family are frowned upon for poor people but are seen […]
A viral Twitter thread is asking what’s considered trashy if you’re poor, but classy if you’re rich — and things like doughnuts, marrying your cousin, and being bilingual are all making the list
Tech

Amazon reportedly invested in startups and gained proprietary information before launching competitors, often crushing the smaller companies in the process

Amazon has been meeting with and investing in startups, only to later make products that directly compete with them, according to a new report from The Wall Street Journal. The Journal spoke with startups who said Amazon made similar hardware and software products after purchasing stakes in the companies. In […]
Amazon reportedly invested in startups and gained proprietary information before launching competitors, often crushing the smaller companies in the process
News

J. Crew is closing 8 stores — see if yours is on the list

J. Crew is closing at least eight stores after filing for bankruptcy in May. It disclosed which stores are currently slated to close in recent bankruptcy court filings. The retailer declined to comment further on the closures. Visit Business Insider’s homepage for more stories. J. Crew is preparing to close […]
J. Crew is closing 8 stores — see if yours is on the list