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The US is tracking an uncontrolled Chinese rocket traveling at 18,000 miles an hour that is due to crash-land around May 8

The Long March 5B rocket carrying China's Tianhe space station core module launched from the Wenchang Space Launch Center in China on April 29. STR/AFP via Getty Images US Space Command said it is watching fragments of a Chinese rocket due to crash soon. The estimated landing time is around May 8. Nobody knows exactly where it will hit. The location of the debris will be known only "hours" before its reentry, Space Command said. See more stories on Insider's business page. The Pent...
Tags: Space, Politics, Science, China, US, Trends, Earth, Cnn, Harvard, Beijing, Chile, News UK, Pentagon, Ivory Coast, Space Station, Reuters


The UK has sent gunboats to Jersey as France threatens to cut power to island in Brexit fishing row

Boris Johnson has sent two gunboats to Jersey as French boats gather to protest over Brexit fishing rights. Getty The UK has sent gunboats to Jersey amid tensions over Brexit fishing rights on the island. Around 80 French boats have assembled to demand greater access to the island's fishing waters. France has also sent a patrol boat while threatening to cut power to the island. See more stories on Insider's business page. Two British gunboats dispatched by Boris Johnson to Jersey h...
Tags: Politics, UK, News, Navy, France, Trends, Britain, Labour, Boris Johnson, Getty, Johnson, Downing Street, Brexit, Jersey, John Healey, Reuters


Boris Johnson has sent gunboats to Jersey as France threatens to cut power to island in Brexit fishing protest

Boris Johnson has sent two gunboats to Jersey as French boats gather to protest over Brexit fishing rights. Getty The UK has sent British gunboats to Jersey amid tensions with France over Brexit fishing rights. Around 80 French boats have assembled to demand greater access to the island's fishing waters. France has threatened to cut power to the island. See more stories on Insider's business page. Two British gunboats dispatched by Boris Johnson to Jersey have arrived after around ...
Tags: Politics, UK, News, Navy, France, Trends, Britain, Labour, Boris Johnson, Getty, Johnson, Downing Street, Brexit, Jersey, John Healey, Reuters


Insider finance: BofA poaches volatility traders

Paris on October 4th, 2011 . Aurel BGC. trading floor The CAC40 index and the Paris stock exchange curve over the past 5 days appear on the computer screens Traders at work. (Photo by: Andia/Universal Images Group via Getty Images) Andia/Universal Images Group via Getty Images Good morning and welcome to Insider Finance. I'm Dan DeFrancesco, and here's what's on the agenda today:Bank of America just nabbed two senior equity volatility traders from rival banks as the war on talen...
Tags: Indonesia, Wall Street, US, America, Trends, Bank Of America, Paris, Goldman Sachs, Morgan Stanley, Viking Global, Blackrock, Reuters, Jpmorgan, BofA, Guggenheim Securities, Scott Olson Getty Images


5 warning signs in the real-estate market that recall the mid-2000s housing bubble

Robert Galbraith/ Reuters Several gauges of housing market activity mirror trends seen just before the bubble burst in 2008. Experts see the current boom as far safer than the prior rally, citing stronger lending requirements. Still, here are trends ranging from home prices to construction activity that resemble 2005 and 2006. See more stories on Insider's business page. Housing-market monitors keep repeating the phrase "since 2005," except when it's "since 2006." That's worry...
Tags: US, Trends, Seattle, Fed, Homebuying, Reuters, Freddie Mac, Urban Institute, National Association of Realtors, Robert Galbraith, Census Bureau, CoreLogic, Federal Reserve Chair, Jerome Powell, Frank Martell, Phoenix San Diego


Dogecoin's $80 billion valuation now makes it bigger than these 10 well-known companies

Paul Hennessy/SOPA Images/LightRocket via Getty Images Dogecoin's 13,000% rally in 2021 has made the meme-based cryptocurrency worth $80 billion.These 10 well-known companies are now worth less than a shiba inu-inspired cryptocurrency.Sign up here for our daily newsletter, 10 Things Before the Opening Bell.Dogecoin, a meme-inspired cryptocurrency that was started as a joke in 2013, is now worth $80 billion after a gravity-defying year-to-date rally of more than 13,000%, based off of W...
Tags: Elon Musk, Finance, Trends, Markets, Crypto, Trading, Csx, Dell, Honda, Doge, Cryptocurrencies, Duke, Wall Street Journal, Duke Energy, Thomson Reuters, Gamestop


Lyft is a 'buy' despite the slide in its share price after earnings and a regulatory overhang, 2 analysts say

Lyft's John Zimmer in New Orleans in 2018. Stephen McCarthy/Sportsfile via Getty Images Lyft got some analyst support on Wednesday after earnings with two top Wall Street analysts reiterating their bullish stances. CFRA's Angelo Zino reiterated his "buy" rating and $75 price target citing improved pricing. Wedbush's Dan Ives reiterated his "overweight" rating and $85 price target citing a demand rebound. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. ...
Tags: Lyft, California, Washington Post, US, Trends, New Orleans, Biden, John Zimmer, Trump, Reuters, Wedbush, CFRA, Ives, Marty Walsh, Wedbush Securities, Independent Contractor


One of Tesla's biggest emissions credit buyers doesn't need them any more, threatening a key profit source for Elon Musk

Stellantis won't need Tesla's help anymore to meet European environmental regulations. Feature China: Barcroft Media via Getty Images Tesla is losing one of its biggest buyers of emissions credits. Stellantis, formerly FCA, said it would meet European emissions rules in 2021 without help from Tesla. Sales of regulatory credits have propelled Tesla to profitability in the last two years. See more stories on Insider's business page. Sales of regulatory credits have largely driv...
Tags: Europe, Elon Musk, France, Trends, Tesla, Italy, Fca, Fiat Chrysler, Reuters, PSA Group, Groupe PSA, Barcroft Media, Getty Images Tesla, Tim Levin, Stellantis


Eddie Gallagher says he and other Navy SEALs used a dying enemy fighter for medical practice with no intention of saving him

Navy Special Operations Chief Edward Gallagher after being acquitted of premeditated murder at Naval Base San Diego July 2, 2019. Sandy Huffaker/Getty Images Eddie Gallagher says he and other SEALs practiced medical procedures on a prisoner of war. "We killed that guy. Our intention was to kill him. Everybody was on board," he said during a recent interview. He said that apparent life-saving actions were really just live practice. See more stories on Insider's business page. Retired Na...
Tags: Isis, Navy, Iraq, Trends, War Crimes, San Diego, Donald Trump, US Navy, Reuters, Scott, Navy SEAL, American Medical Association, Gallagher, Navy Times, Journal of General Internal Medicine, Naval Base San Diego


Insider finance: Goldman's return to office

Afton Almaraz/Getty Good morning and welcome to Insider Finance. I'm Dan DeFrancesco, and here's what's on the agenda today:Goldman Sachs wants its US staffers back in the office by June 14. We've got the details. Wall Street is sending out offer letters to investment-banking interns for 2022 with details on start dates and pay.Family offices are increasingly diving into crypto thanks to millennial heirs taking the reins. If you're not yet a subscriber, you can sign up ...
Tags: Finance, Wall Street, US, San Francisco, Newsletter, Trends, Cftc, Citigroup, Manhattan, Goldman Sachs, Morgan Stanley, Goldman, ESG, WSJ, Citi, Reuters


Krispy Kreme has confidentially filed for an initial public offering

Krispy Kreme recently offered a free doughnut to customers who receive their COVID-19 vaccine. Krispy Kreme Krispy Kreme has confidentially filed for an IPO. The donut chain said on Tuesday it had filed paperwork with the SEC. Krispy Kreme was acquired by JAB Holding in 2016 at a private valuation of $1.35 billion. See more stories on Insider's business page. Doughnut chain Krispy Kreme said on Tuesday it had confidentially submitted paperwork for an initial public offering with the Se...
Tags: Ipo, Trends, Retail, Bengaluru, Reuters, Krispy Kreme, Reimann, Panera Bread, Krispy Kreme Krispy Kreme, Aditya Soni, Nivedita Balu, SEC Krispy Kreme, Securities and Exchange Commission Krispy Kreme, Tyler Sonnemaker Reuters


JPMorgan CEO says that working remotely 'does not work' for young people and those who want to 'hustle'

Mike Blake/Reuters JPMorgan's CEO said remote work makes it harder for young people and those that hustle. He said that he did not expect the working world to change dramatically due to the pandemic. JPMorgan hopes to have people back in the office, mask-free, by October of this year. See more stories on Insider's business page. Jamie Dimon is sick of Zoom meetings and sees plenty of downsides to not working face to face with people.The JPMorgan CEO said that he's ready to le...
Tags: London, News, California, Finance, Boston, New York City, Trends, Strategy, Remote Work, Wall Street Journal, Jamie Dimon, Murray, Reuters, Jpmorgan, Matt Murray, Mike Blake


Hyatt Hotels post bigger loss as pandemic keeps people at home

U.S. hotel operator Hyatt Hotels Corp reported a bigger loss for the first quarter on Tuesday as people stayed at home due to the COVID-19 pandemic.
Tags: Finance, Article, Hyatt Hotels, Reuters, FBN, Hyatt Hotels Corp, Fbn/markets, 2675c15e-cd23-5c48-9734-7a77c982a0df


Egyptian judge rules the Ever Given cannot leave local waterways just yet

Ever Given, a Panama-flagged cargo ship, that is wedged across the Suez Canal and blocking traffic in the vital waterway is seen Saturday, March 27, 2021. Photo by Samuel Mohsen/picture alliance via Getty Images The Ever Given container ship grounded itself in the Suez Canal for nearly a week in March. Egyptian authorities are holding the ship in local waterways until a compensation demand is met. Egyptian courts rejected an appeal from the Ever Given's insurer; it'll stay anchored...
Tags: Trends, Panama, Reuters, Suez Canal, SCA, ISMAILIA, Rabie, Suez Canal Authority, Great Bitter Lake, Madison Hall, Bernhard Schulte Shipmanagement, Osama Rabie, Samuel Mohsen, Abdulgani Serang, UK Club, Ever Given Shoei Kisen Kaisha Ltd


Taco night is going to get more expensive for Americans this summer as corn prices skyrocket

Getty Corn tortillas may be difficult to find this summer, as major corn producers struggle to meet demand. Labor shortages and poor weather have decreased corn yields for major producers. China is leading a surge in demand as it seeks to replenish its swine herd. See more stories on Insider's business page. Taco shells will be in short supply this summer.Corn tacos will be more difficult to find in grocery stores as demand for corn - a key product in anything from fuel to animal feed...
Tags: News, China, US, Trends, Corn, Economy, Retail, Brazil, Argentina, Taco, Food Shortages, Midwest, Reuters, Moya, US Farmers, Grace Kay


The incredible life and career rise of Melinda Gates - one of the world's richest and most powerful women

She heads a foundation with a $40 billion endowment. Jamie McCarthy/Getty Images for Bill & Melinda Gates Foundation Melinda Gates is one of the most powerful women in the world, according to Forbes. She could be worth $73 billion if she and Bill Gates split their fortune equally in the divorce. Gates will continue in her role as co-chair of the Bill and Melinda Gates Foundation. See more stories on Insider's business page. Melinda Gates is the fifth most powerful woman in the world, ...
Tags: Science, News, Microsoft, Obama, Bono, Life, Stanford, Africa, Time, US, America, Trends, Features, United States, U2, Aol


The incredible life of Melinda Gates - one of the world's richest and most powerful women

She heads a foundation with a $40 billion endowment. Jamie McCarthy/Getty Images for Bill & Melinda Gates Foundation Melinda Gates is one of the most powerful women in the world, according to Forbes. She could be worth $73 billion if she and Bill Gates split their fortune equally in the divorce. Gates will continue in her role as co-chair of the Bill and Melinda Gates Foundation. See more stories on Insider's business page. Melinda Gates is the fifth most powerful woman in the world, ...
Tags: Personal Finance, Education, Microsoft, Obama, Bono, Life, Finance, Stanford, Africa, Time, US, Careers, America, Trends, Features, United States


Italy will reopen for tourists in mid-May, Prime Minister Draghi said

A general view of the Fontana di Trevi (Trevi Fountain) empty and without tourists during the first day of lockdown on March 15. Antonio Masiello/Getty Images Italian Prime Minister Mario Draghi said the nation was nearly ready to welcome back tourists. The country will reopen for tourism between European Union countries in mid-May. Italy experienced a third wave of COVID-19 infections beginning in March. See more stories on Insider's business page. Italian Prime Minister Mario Draghi...
Tags: News, International, Trends, Eu, European Union, Mario Draghi, Speed, Tourism, Italy, Draghi, Hopkins, Reuters, Breaking, Antonio Masiello Getty, Connor Perrett, Coronavirus


Can't find chicken wings, diapers, or a new car? Here's a list of all the shortages hitting the reopening economy.

Empty shelves and shoppers are visible at a Target retail store during an outbreak of the COVID-19 coronavirus in Contra Costa County, Dublin, California, March 15, 2020. Photo by Smith Collection/Gado/Getty Images As the US economy increasingly reopens, the economy is seeing shortages of all sorts of items. If you've tried to buy (or rent) a car or eat some chicken wings, you've probably noticed. Insider rounded up some of the major shortages across the US economy, and why they...
Tags: Apple, Post, Texas, Washington, White House, China, US, America, Los Angeles, Trends, Opec, Bloomberg, Joe Biden, Intel, Brazil, Argentina


US commanders say 5th-gen fighters will be 'critical' in a war. Here's how F-35s and F-22s stack up to Russia's and China's best jets.

Two US Air Force F-22s, top, and two F-35s. USAF The US's newest fifth-generation fighter, the F-35, is again under fire from Congress. Despite lawmakers' displeasure with it, US military commanders say the jet is indispensable. The commanders all see Russia's and China's fifth-generation fighters as major concerns. See more stories on Insider's business page. The F-35's cost and procurement issues have once again put the advanced fighter jet in Congress' sights...
Tags: South Korea, Europe, Japan, Florida, UK, Congress, Indonesia, Senate, China, Iraq, Russia, US, International, Trends, Spain, Syria


Uber still pretends not to be a taxi firm, but is going to make a taxicab anyway

Ride-hailing mega-platform Uber, and Arrival, a British electric van and bus manufacturer, are teaming up to make an electric car specifically for gig-working drivers. On the one hand it sounds great, on the other… it takes Uber even further down the path of becoming like an old-school taxi firm. The deal Announced earlier today, the pair are working together to develop the “Arrival car” an “affordable, purpose-built electric vehicle for ride-hailing,” Reuters reports. The car will go into produ...
Tags: Startups, Uber, Shift, Reuters


Ethereum's $400 billion market value makes it bigger than all but 12 publicly traded companies

Reuters Ether's 370% rally in 2021 had made the meme-based cryptocurrency worth $400 billion.These are the 12 remaining companies that are still worth more than ether.Sign up here for our daily newsletter, 10 Things Before the Opening Bell. The market value of ether, the digital currency tied to the Ethereum blockchain, is now worth more than Walmart.Ether jumped more than 10% to record highs on Tuesday, bringing its year-to-date rally to 370% and its market valuation to just over $40...
Tags: Google, Microsoft, Trends, Taiwan, Getty Images, Warren Buffett, Berkshire, Reuters, Taiwan Semiconductor Manufacturing Co TSMC, Mountain View California, Hsinchu, Matthew Fox, Cindy Ord Getty Images, Don Arnold, Roberto Machado Noa LightRocket, Justin Sullivan Getty Images


Situation Room meetings about the 2011 bin Laden raid were named 'Mickey Mouse meeting' to ensure its secrecy, new account says

Then-Vice President Joe Biden, President Barack Obama, and top US military and political officials seen in the Situation Room overseeing the Osama bin Laden raid. White House/Pete Souza/Handout via Reuters Former US officials told Politico how the 2011 hit on Osama bin Laden was planned in the White House. Situation Room meetings were labeled "Mickey Mouse meeting" on calendars to hide the subject. The report details in minute detail how the US located and planned to kill the al-Qaeda lead...
Tags: Politics, Obama, Osama Bin Laden, White House, Politico, US, Barack Obama, Trends, Joe Biden, Cnn, Gop, News UK, Ben Rhodes, Al Qaeda, Cia, Jon Favreau


A Swiss diplomat in Iran has died after mysteriously falling from a high-rise building, state media says

The skyline of Tehran, Iran. Dominika Zarzycka/NurPhoto via Getty Images A senior employee at the Swiss embassy in Iran died after falling from a building, state media said. Fars reported the woman was a Swiss citizen and a first secretary of the country's embassy. ILNA reported that the woman was the second-highest ranked employee at the embassy. See more stories on Insider's business page. A Swiss diplomatic employee died after falling from a high-rise building in Tehran, Iran, m...
Tags: Politics, US, Trends, Iran, Speed, News UK, Switzerland, Tehran, Reuters, TEHRAN Iran, ILNA, FARS, Dominika Zarzycka NurPhoto, Sinead Baker, Kamaranieh


10 things in tech you need to know today

Reuters Good morning and welcome to 10 Things in Tech. If this was forwarded to you, sign up here.Let's get started.1. Verizon has sold Yahoo and AOL for $5 billion. The new owner is private-equity firm Apollo Global Management. Going forward, AOL and Yahoo will be known solely as Yahoo. More on the sale here. 2. Bill and Melinda Gates are ending their marriage after 27 years. The billionaire Microsoft cofounder tweeted the announcement on Monday afternoon. Take a look back at the w...
Tags: Apple, Amazon, Verizon, Facebook, Mark Zuckerberg, Twitter, Elon Musk, Hollywood, Microsoft, Yahoo, Newsletter, Trends, Tech, Tesla, Hawaii, Aol


Bill and Melinda Gates are ending their 27-year marriage. Here's how the Microsoft cofounder spends his $129 billion fortune, from a luxury-car collection to incredible real estate.

Bill Gates has an estimated net worth of $129 billion. Thierry Chesnot/Getty Images Bill Gates and his wife of 27 years, Melinda French Gates, are getting a divorce. Gates, the cofounder of Microsoft, has a fortune worth $130.5 billion. Gates indulges in a few luxuries, but he mainly spends through the Bill & Melinda Gates Foundation. Visit Business Insider's homepage for more stories. Bill and Melinda Gates are ending their 27-year marriage.The couple announced the news in a statement...
Tags: Amazon, Elon Musk, News, Microsoft, Australia, California, Washington, New York City, Nigeria, US, San Francisco, Barack Obama, Trends, Atlanta, Wealth, Features


From cafeteria workers to principals, here's what everyone makes in a public school

Elementary school teachers earn a median wage of $62,050 a year. Ariel Skelley/Getty Images May 3 to May 7 is National Teacher Appreciation Week. Public schools employ a wide variety of workers, including different kinds of teachers. Using BLS data from May 2020, here's how much workers in 35 public school positions typically make. See more stories on Insider's business page. 35. Fast food and counter workers earn a median of $25,510 a year and 121,970 are employed by public sc...
Tags: Education, Office, Careers, Trends, Strategy, Features, Getty Images, Teachers, Bureau of Labor Statistics, Schools, Public Schools, Associated Press, Salaries, Ross, Oslo, Reuters


Inside the turbulent personal life of Elon Musk, who's been divorced three times, dated Hollywood stars, and now has a 1-year-old baby with musician Grimes

Grimes, left, and Elon Musk attend the Costume Institute Gala at the Metropolitan Museum of Art in May 2018. Charles Sykes/AP Tesla and SpaceX CEO Elon Musk has had a headline-grabbing personal life over the years. He has five sons from his first marriage and has been divorced three times. These days, Musk is dating the musician Grimes - the couple had a baby together last spring. See more stories on Insider's business page. In 2010, Elon Musk said he would "rather stick a fork in my ...
Tags: Transportation, Family, Spacex, Elon Musk, Hollywood, Texas, Families, Marriage, Instagram, California, Relationships, Time, Los Angeles, Trends, Tech, Tesla


Billionaire Jack Ma reportedly might give up his stake in Ant Group after sparring with regulators - but other Chinese businessmen who disagreed with lawmakers have faced harsher fates

Jack Ma, billionaire founder of Alibaba. REUTERS/Lucas Jackson Jack Ma may give up his Ant Group stake after making negative comments about Chinese regulation. CNBC's David Faber reported in January that Ma has been "less visible, purposefully." Businessmen like Ren Zhiqiang and Xiao Jianhua disappeared after criticizing Chinese regulators. Visit Business Insider's homepage for more stories. The Chinese billionaire and Alibaba founder Jack Ma might give up his stake in Ant Gro...
Tags: Google, Ecommerce, Hong Kong, News, Vladimir Putin, France, China, Trends, Tech, Bbc, Beijing, New York Times, Alibaba, The Guardian, Guardian, Jack Ma


High trucking costs are expected to last through 2021, adding to retailers' challenges

Bob Riha Jr./Reuters Bob Riha Jr./Reuters A shortage of semi-conductors to build new trucks and drivers to drive them is causing rising freight costs. The rising transportation costs coupled with backlogged ports are adding to business woes. Toilet paper, diapers, cars, bikes, electronics, and houses have all become more expensive lately. See more stories on Insider's business page. Retailers are sounding the alarm on increasing transportation costs as truck drivers and new trucks are...
Tags: Texas, News, US, Trends, Bank Of America, Retail, Shortage, Toilet, General Mills, Wall Street Journal, Journal, Sharpie, Reuters, Robinson, Ravi Saligram, Bed Bath & Beyond



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