Twitter CEO Elon Musk is a self-declared “free-speech absolutist.” But free speech doesn’t, and shouldn’t, include violent hate speech and misinformation. Maja Hitij/Getty Images Elon Musk and Ye are among multiple notable figures embracing a misguided notion of free speech. They feel free speech includes spreading hate and misinformation, and it’s having consequences. Hate speech on Twitter…
carvana Carvana’s stock, which has lost more than 90% this year, could fall further to $1, Morgan Stanley said. It revised its base-case range on the used car seller as it sees market fundamentals deteriorating. Carvana called the end of the third quarter the “most unaffordable point ever” for buyers who finance vehicle purchases. Carvana…
House Speaker Nancy Pelosi and House Minority Leader Kevin McCarthy. Saul Loeb/AFP via Getty Images The stock market could be poised for big upside ahead if Republicans win Congress in today’s midterm election.The most recent election forecast from FiveThirtyEight showed Republicans likely winning the House and Senate.“The very best scenario for stocks is a Democratic…
Andrey Popov via iStock/Getty Images The American Hospital Association’s PAC lost more than $12,000. It told federal regulators that someone used fake checks to steal from its account. Theft from political committees has become an endemic problem in US politics. The American Hospital Association’s powerhouse political committee recently needed emergency financial care. In a letter…
Sanaa Seif, the sister of the imprisoned Egyptian-British activist Alaa Abd el-Fattah, called for his release at the UN climate summit in Sharm el-Sheikh, Egypt. Catherine Boudreau/Insider Egyptian-British activist Sanaa Seif is calling for her brother’s release from an Egyptian jail. Her advocacy during the UN’s climate summit is drawing attention to Egypt’s human-rights record….
Hungry House is opening a second location this year in New York. The first one, shown, opened last year in Brooklyn. Nancy Luna/Insider New ghost kitchens are upending the traditional model of renting out kitchens or franchising brands. Burger King’s owner recently opened its first ghost kitchen, or digital food hall, in Miami. Meet 7…
Paul Pelosi and Nancy Pelosi attend the 2018 White House Correspondents’ Dinner at Washington Hilton on April 28, 2018 in Washington, DC. Tasos Katopodis/Getty Images The 2022 midterms are unfolding at a time of increased attention to political violence. On the eve of Election Day, Donald Trump called House Speaker Nancy Pelosi an “animal.” Trump’s…
Blake Masters, a Republican candidate running for US Senate in Arizona, speaks at a Save America rally on July 22, 2022, in Prescott, Arizona. Ross D. Franklin/AP Arizona GOP Senate candidate Blake Masters said that he would “grind” President Joe Biden’s “agenda to a halt.” “I’m not going to vote for a single thing” if…
Liz Elting cofounded a translation service company called TransPerfect. NYU Stern Liz Elting cofounded TransPerfect in 1992 and led the company as co-CEO for 26 years. In that time, the company withstood two recessions by staying frugal and minimizing risk. Elting gave her advice for entrepreneurs trying to prepare for an economic downturn. Liz Elting…
David Friedberg and Elon Musk Neilson Barnard/Getty Images for the New York Times and ROBYN BECK/AFP via Getty Images Tech investor David Friedberg said Twitter’s layoffs could encourage other companies to follow suit. Elon Musk laid off about 50% of Twitter’s staff, while other tech companies have had more conservative cuts. However, Twitter has since…