Elon Musk has axed thousands of jobs at Twitter. Susan Walsh/AP Elon Musk sent another unexpected directive to Twitter employees. Anyone working on software projects is to now sit on his floor of Twitter HQ, according to an email. Musk has taken to closely directing and monitoring engineering since taking over Twitter. Elon Musk on…
Elon Musk. Muhammed Selim Korkutata/Getty Images Investor sentiment towards Tesla is on the decline as CEO Elon Musk runs Twitter, according to Morgan Stanley.Analyst Adam Jonas surveyed investors and found that most respondents believe Tesla’s price decline could be attributed to the Twitter fiasco.“We see a window of buying opportunity near our $150 bear case,”…
Mohamed El-Erian, Chief Economic Advisor of Allianz and Former Chairman of President Obama’s Global Development Council, speaks during the Milken Institute Global Conference in Beverly Hills Reuters There’s not enough evidence an incoming recession will be short and shallow, Mohamed El-Erian warned. El-Erian noted that mild recession calls were similar to the ways people dismissed…
House Minority Leader Kevin McCarthy of California. AP Photo/John Locher McCarthy said Republicans could cede control of the House in January if they aren’t unified. While on Newsmax, the Californian warned against the GOP playing “games” on the House floor. McCarthy is working to round up votes among GOP members that he’ll need to lead…
Foxconn employees take shuttle buses to head home on October 30, 2022 in Zhengzhou, Henan Province of China. Getty Images China is loosening its COVID-19 controls in Zhengzhou, home to Apple’s largest iPhone factory. The changes end a five-day lockdown in the city. Factory workers have been protesting against China’s strict pandemic restrictions amid an…
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 average overall personal loan rate this week has gone up slightly….
Ulta Beauty’s stores saw gains in foot traffic on Black Friday 2022 even as it was lower at other retailers, including Walmart, Target, and TJ Maxx. Jeff Greenberg/Getty Images Beauty retailer Ulta saw its foot traffic from shoppers increase on Black Friday over last year. Most chains, including Walmart and Target, saw fewer shoppers visit…
Goldman Sachs’ chief US equity strategist David Kostin. Brendan McDermid/Reuters Goldman Sachs’ chief US equity strategist expects a soft landing with the US economy growing about 1% next year. But the S&P 500 will still end up about flat in 2023, David Kostin told Bloomberg TV on Tuesday. In addition, companies in the S&P 500…
Gap’s Arctic Fleece pullover, left, and Patagonia’s Snap-T Fleece pullover, right. Patagonia, Gap/Insider Patagonia filed a lawsuit against Gap, claiming that Gap copied the clothing brand’s snap-front fleece pullover. The suit says that Gap’s product could fool shoppers into thinking it’s a Patagonia collaboration. Gap’s product listing says the fleece was “pulled from our archive…
When you buy through our links, Insider may earn an affiliate commission. Learn more. Several popular gaming laptops are still on sale after Cyber Monday. GIGABYTE Though we thought the deal festivities ended with Cyber Monday, tech retailers like Dell, Best Buy, and HP are still going strong with gaming laptop discounts. Gaming laptops combine…