VW Group CEO Herbert Diess is out

Volkswagen Group CEO Herbert Diess, the embattled executive who has survived a number of confrontations and power struggles with the board over the past two years, is leaving the company. The VW AG board said Friday it has appointed Porsche boss Oliver Blume to head up the massive company that includes brands Audi, Bentley, Lamborghini,…

NASA rover finds weird trash on Mars

When a spacecraft screams through Mars’ atmosphere at some 12,000 mph, releases a giant supersonic parachute, and ultimately abandons said parachute along with rocket-powered landing gear and a heat shield, it’s inevitable that debris will scatter over the Martian landscape. In June, NASA’s Perseverance rover spotted paper-like trash caught between some rocks. And in July,…

Steve Jobs’ prototype for the original Apple computer is being auctioned off, and bidding has already hit $230,000

RR Auction A prototype for the original Apple-1 computer is being auctioned off. It was used to secure Apple’s first major order. It could go for around $500,000, if previous auctions are any indication. Steve Jobs’ prototype for the Apple-1 computer, the original Apple desktop computer, is currently up for auction at the  auction house…

Russia’s Yasen-class missile subs have impressed and worried NATO for years, and now Moscow may build more of them

Russian Yasen-class submarine K-560 Severodvinsk. Russian Ministry of Defense Russia is considering building more of its Yasen-class guided-missile subs, according to state media. Those subs and the advanced cruise missiles they carry have worried US and European commanders. Over the past decade, military leaders on both sides of the Atlantic have kept a close eye…

What is ROI? This simple metric can offer greater insight into the profitability of the assets in your portfolio

Return on investment, or ROI, is a widely used financial ratio that measures the profit or loss from an investment relative to the amount of money initially put into it. Alyssa Powell/Insider Return on investment (ROI) is a metric used to assess the performance of a particular investment. ROI is expressed as a percentage and can…

Photos from Walmart employees show pallets of overstocked items crowding aisles and blocking access to a breastfeeding room as back rooms overflow

Walmart has placed excess inventory in store aisles at a location in Florida. Anonymous Walmart’s inventory on hand shot up 32% last quarter due to inflation and supply chain issues. Employees have documented overflow in stores, including stuffed backrooms and pallets in aisles. Multiple employees told Insider they are close to quitting due to low…