Monthly Archives: September 2022

What we know about the insider trading lawsuit filed against Bed Bath & Beyond just before the death of its CFO

Gustavo Arnal was the executive vice president and chief financial officer at Bed Bath & Beyond Gustavo Arnal LinkedIn Bed Bath & Beyond’s CFO, Gustavo Arnal, was named in an insider trading lawsuit less than 2 weeks before his death. The suit alleges that Arnal, along with GameStop Chairman Ryan Cohen, conspired to inflate Bed…

The Ally Interest Checking Account provides a solid APY and early direct deposit

Ally is an online-only bank. Alyssa Powell/Business Insider Insider’s experts choose the best products and services to help make smart decisions with your money (here’s how). In some cases, we receive a commission from our our partners, however, our opinions are our own. Terms apply to offers listed on this page. The bottom line: The…

I own a $950-per-night ‘dome house’ in Joshua Tree. It’s taught me even unique Airbnbs aren’t easy money.

Stephanie and Blake Monroe in front of their dome house Airbnb. Stephanie Monroe Stephanie Monroe owns a “dome house” Airbnb with her husband in Joshua Tree, California.  They bought the house in 2020 as an additional income stream to supplement their full-time jobs.  It takes 10 work hours a week from each of them, and…

Steve Bannon’s donor-fraud charges in New York include money laundering, conspiracy, scheme to defraud

Steve Bannon turns himself in at the Manhattan DA’s office on September 8, 2022. Laura Italiano/Insider Steve Bannon has been charged in Manhattan with money laundering, conspiracy, and scheme to defraud. Trump’s former White House advisor could get as little as probation even if convicted of all five charges. The charges are less severe than…

Indian imports of Russian oil have surged as the country tries to curb inflation with cheap crude, official says

Indian Defence Minister Nirmala Sitharaman delivers a speech during the annual Moscow Conference on International Security in Moscow Thomson Reuters Russia’s share of India’s oil imports has increased this year to 12% from 2% since the start of the war. Nirmala Sitharaman, India’s Financial Minister, said that was part of the nation’s effort to control…

Top LNG supplier to Europe warns this winter ‘could be really, really tight’ amid global supply crunch

alvarez/Getty Images The biggest US exporter of liquefied natural gas warned that limited supplies worldwide mean this winter “could be really, really tight.” Cheniere, which has sent 70% of its production to Europe this year, said a resurgence in Chinese LNG demand would worsen the energy crisis. “At the end of the day, what’s going…

Tim Cook told a fan to ‘buy your mom an iPhone’ after he asked the Apple CEO how the company converts texts and videos from Android

Cook at Code in 2022. Jerod Harris/Getty Images for Vox Media Apple CEO Tim Cook told an audience member Wednesday to “buy your mom an iPhone.” The fan asked Cook about how Apple converts Android messages, a long contentious topic. A senior VP at Google chimed in, tweeting that it should work “without having to…

Four Impediments to CX Excellence

Customers’ expectations around experience are changing. 94% US consumers ages 18 and older surveyed in May 2020 by Qualtrics’ XM Institute described themselves as very likely to make more purchases from companies across all industries that provided “very good” customer experience (CX). As critical as CX is, it wouldn’t offer competitive advantages if every brand…

The history of the US Air Force private jet E-11A which has been called ‘as essential to mission success as bullets’

An Air Force Bombardier E-11A aircraft. Anna-Marie Wyant/DVIDS/US Air Force Bombardier CEO Eric Martel said on Tuesday that the company’s defense arm could reach $1 billion in revenue. The planemaker produces E-11A communications aircraft, which is the military version of a Bombardier Global private jet. The US Air Force ordered six Global 6000 business jets…

Stocks are unlikely to test June lows as the market gets a boost from cooling inflation, JPMorgan says

Xinhua/Wang Ying/ Getty Images The stock market is unlikely to retest its mid-June low as inflation shows signs of cooling down, according to JPMorgan.“Continued evidence of peaking inflation data in the Aug CPI report can feed into improving sentiment for risky markets,” JPMorgan said.The S&P 500 has traded range bound in recent months, but found…