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The GOP is using the format of Trump's election lies in the California gubernatorial recall, but it's unclear how it will work in the Golden State

Supporters of the recall campaign of California governor Gavin Newsom prepare for the upcoming recall election with a rally and information session in Carlsbad, California, U.S., June 30, 2021. Mike Blake/Reuters GOP operatives are embracing election fraud claims again ahead of the California recall election. For months, organizers, candidates, and media outlets have ratcheted up election conspiracies similar to 2020. Insider spoke to political experts about how Trump's "big lie" form...
Tags: Politics, Republicans, California, US, Trends, Gop, Fox News, Republican, Donald Trump, Newt Gingrich, Newton, Gavin Newsom, Trump, Don, Golden State, Levinson


American has been building an team of airline partners to fill the gaps in its network, even if it means aligning with budget carriers and startups

American Airlines is expanding its international presence with new airline partners. Mike Blake / Reuters American Airlines is taking on new airline partners to rebuild its global route network. South America is of particular importance as American recently lost its larger partner in the region. In the US, Alaska Airlines and JetBlue Airways help American expand its presence on both coasts. See more stories on Insider's business page. American Airlines is planning to get by with a lit...
Tags: Travel, Transportation, New York, News, Air Travel, Boston, Air Canada, Planes, US, America, Trends, Spain, Chicago, Colombia, Flying, Canada


JPMorgan is buying restaurant-site The Infatuation, as Wall Street battles for big spenders on dining and travel

JPMorgan is looking for an in with foodies. Mike Blake/Reuters JPMorgan Chase has struck a deal to buy restaurant review site The Infatuation. The Infatuation will continue to operate as a separate brand under JPMorgan Chase. The deal comes as banks and credit card providers look to attract customers interested in travel and dining. See more stories on Insider's business page. JPMorgan Chase is getting in on the restaurant review business.The biggest US bank by assets has struck a deal...
Tags: US, Trends, Bloomberg, Goldman Sachs, Volkswagen, Wall Street Journal, Robinhood, Jpmorgan, Zagat, JPMorgan Chase, Mike Blake, Resy, Reuters JPMorgan Chase, Chase Sapphire Reserve American Express


JPMorgan is reportedly buying restaurant-site The Infatuation, as Wall Street battles for big spenders on dining and travel

JPMorgan is looking for an in with foodies. Mike Blake/Reuters JPMorgan Chase has reportedly struck a deal to buy restaurant review site The Infatuation, per the WSJ. The deal comes as banks and credit card providers look to attract customers interested in travel and dining. See more stories on Insider's business page. JPMorgan Chase is getting on on the restaurant review business.The biggest US bank by assets has struck a deal to buy The Infatuation, according to . The deal includes ...
Tags: US, Trends, Bloomberg, Goldman Sachs, Volkswagen, Wall Street Journal, Robinhood, Jpmorgan, Zagat, JPMorgan Chase, Mike Blake, Resy, Reuters JPMorgan Chase, Chase Sapphire Reserve American Express


The rise and fall of Elizabeth Holmes, the Theranos founder who is now on trial for fraud

Elizabeth Holmes leaves after a hearing at a federal court in San Jose, California, on July 17, 2019. Reuters/Stephen Lam Elizabeth Holmes dropped out of Stanford at 19 to start Theranos, and grew its value to $9 billion. Later, technology flaws were exposed, and Theranos and Holmes were charged with "massive fraud." Jury selection for Holmes' fraud trial began Tuesday. She could face up to 20 years in prison. Visit Business Insider's homepage for more stories. In 2014, blood-test...
Tags: Apple, Startups, Hbo, New York, Science, Instagram, Abc, California, Steve Jobs, Washington, Cbs News, Finance, Stanford, China, Singapore, US


Meet Gary Gensler, a former MIT blockchain professor who now leads the SEC and could finally regulate the volatile crypto space

Now-SEC chair Gary Gensler in 2011. Yuri Gripas/Reuters SEC chairman Gary Gensler comes from MIT, where he taught a cryptocurrency course. Now, his agency might be in charge of regulating the volatile and often murky crypto market. Gensler is a rarity in Washington: he understands the technology he's trying to rein in. See more stories on Insider's business page. Washington has historically been in short supply of lawmakers and enforcers who actually understand the technology they&...
Tags: Politics, News, Obama, Congress, Washington, Finance, US, Barack Obama, Trends, Bloomberg, Economy, Mit, Bitcoin, Cftc, Crypto, SEC


ORG CHARTS: View the most important people and power structures at companies like Netflix, Google and Wells Fargo

JPMorgan CEO Jamie Dimon sits at the top of the bank's org chart. Mike Blake/Reuters Org charts plot out the power structure at companies. Insider has been assembling these for the past year for companies like Netflix, Microsoft and JPMorgan, and we update them frequently. See more stories on Insider's business page. Organizational charts plot out the most powerful people at companies and the structure that links them together. Here's a summary of the ones our reporters h...
Tags: Google, Amazon, Microsoft, Trends, Intel, Netflix, Goldman Sachs, Salesforce, Jamie Dimon, Jason Kilar, Sundar Pichai, Marc Benioff, Wells Fargo, Citi, Reuters, Jpmorgan


One chart shows how poor even the top 1% is compared to billionaires - and how far behind the average American is

Elon Musk is the world's richest man, and his net worth is about 488,000 times that of an average American. REUTERS/Mike Blake The wealth gap between billionaires and everyone else is so vast it's hard to visualize. Even high earners and those in the top 1% are dwarfed by the fortunes of the wealthiest. Most progressive plans for a wealth tax primarily target those mega-fortunes, not the merely rich. See more stories on Insider's business page. The gap between normal Americans ...
Tags: Elon Musk, Elizabeth Warren, US, Trends, Bloomberg, Warren, Biden, Marc Benioff, Musk, Charles Koch, Mike Blake, Benioff, Andy Kiersz, Institute for Policy Studies Project, Bartie Scott Andy Kiersz


BNPL growing pains - Visa's big NFT leap - Goldman's booming lending biz

Welcome to Insider Finance. If this was forwarded to you, sign up here. Plus, download Insider's app for news on the go - click here for iOS and here for Android.On the agenda today:Experts are expecting some growing pains for the Buy Now, Pay Later industry.Visa just jumped feet first into the bustling NFT market.Goldman's lending business is booming, thanks to wealthy clients and RIA clients. Let's get started. Hedge funds' big bets on startups come with complications Sama...
Tags: Apple, Spotify, UK, Trends, Cnn, Goldman Sachs, Goldman, Wells Fargo, Reuters, Jpmorgan, Citadel, NFT, RIA, David Gray, SimilarWeb, Mike Blake


Taco Bell is building a 4-lane, 2-story drive-thru next summer - see what it will look like

Mike Blake/Reuters Taco Bell is planning a four-lane drive-thru to open next summer. Earlier this year it debuted two-lane Mobile Go restaurants. Drive-thrus have been key for fast food restaurants over the last year. See more stories on Insider's business page. Drive-thrus are key to Taco Bell's business, and have only grown more important in the last two years. A Taco Bell employee delivers an order to a customer at the drive-up window of the restaurant on March 31, 2020....
Tags: Texas, Trends, Oklahoma, Taco Bell, Brooklyn Park, Mike Blake, Taco Bell Mobile, Mike Grams Taco Bell, Taco Bell Taco Bell, Mary Meisenzahl, Crystal Cox Business Insider Source, Insider Taco Bell, Reuters Taco Bell, Three Taco Bells, Taco Bell Food, Taco Bell Defy


3 signs that the housing market is starting to get better after a historic affordability crisis

REUTERS/Mike Blake New data show early signs of the housing market finally easing after months of surging prices. Selling prices on Redfin fell in July - the first time they didn't set a new record in five months. Inventory is rebounding, and sales aren't happening with the same speed and bidding wars as before. See more stories on Insider's business page. Prospective homebuyers may soon be able to breathe a sigh of relief. For the first time in five months, the housing market...
Tags: US, Trends, Redfin, Mike Blake, Rachel Musiker, Redfin Redfin, Ben Winck, Redfin Redfin Prices, Redfin Redfin Redfin


JPMorgan mask mandate - Nasdaq diversity plan - Evercore offer letters

Welcome to Insider Finance. If this was forwarded to you, sign up here. Plus, download Insider's app for news on the go - click here for iOS and here for Android.On the agenda today:JPMorgan Chase will require all employees to wear masks - even if they're vaccinated. The SEC has approved Nasdaq's corporate board diversity plan.Evercore's offer letters for 2022 analysts just went out. Let's get started. JPMorgan Chase will make all US employees wear masks indoors JOHANNES...
Tags: Cdc, US, Trends, Bloomberg, Bill Gates, Winston Churchill, Ubs, SEC, Goldman Sachs, Nasdaq, Financial Times, Venmo, Jpmorgan, SPAC, JPMorgan Chase, FactSet


Nearly 3 in 4 drinks sold at Starbucks were cold last quarter, and it's great news for the chain

Mike Blake / Reuters Cold drinks made up three-quarters of Starbucks sales this quarter. Cold drinks tend to be more expensive with customization options. Starbucks is investing in cold drinks with a new cold brew system and social media ordering. See more stories on Insider's business page. Starbucks just shared record-breaking earnings, driven by the chain's popular cold drinks.74% of drinks sold in the US in the third quarter, which ended June 27, were cold beverages. That was...
Tags: Congress, US, Trends, Starbucks, North America, McDonald, Rochester New York, Culver, Mike Blake, Rosalind Brewer, Mary Meisenzahl, John Culver, Reuters Cold, Tryer Center


How to deactivate and delete your Uber account

You can delete your Uber account through the Uber mobile app. Mike Blake/Reuters You can easily delete your Uber account from the mobile app. When you delete an Uber account, it is deactivated for 30 days before being permanently deleted. You can always reactivate your account during the 30-day deactivation period by logging back in. Visit Insider's Tech Reference library for more stories. Though Uber has made getting from Point A to Point B easier than ever, there may come a time when...
Tags: Lyft, Uber, Trends, Mike Blake, Tech Insider, Tech Reference, Software & Apps (Reference, Tech How To, Jennifer Still, Eliza Goodwin, Grace Eliza Goodwin Insider, Privacy Grace Eliza Goodwin Insider


Elon Musk has paid a $10,000 deposit for a ticket to the edge of space with Richard Branson's Virgin Galactic

Virgin Galactic founder Richard Branson and SpaceX CEO Elon Musk. Susan Montoya Bryan/Reuters; Mike Blake/Reuters Elon Musk has booked a seat on a future Virgin Galactic space flight, founder Richard Branson said. Branson told The Sunday Times that Musk was one of 600 people to put down $10,000 deposit. Branson became the first billionaire to reach space on Sunday. See more stories on Insider's business page. Elon Musk has booked a ticket on one of Virgin Galactic's future flights ...
Tags: Elon Musk, Trends, Virgin Galactic, Richard Branson, Jeff Bezos, Sunday Times, Wall Street Journal, Branson, Musk, Elon, Mike Blake, The Sunday Times, Reuters Elon Musk, Lady Gaga Read, Kate Duffy, Tom Hanks Justin Bieber


I tried to use Starbucks' new program that lets customers order complicated viral drinks, but I ran into some issues

Starbucks is testing a 'Social Sips' ordering program. Starbucks Starbucks is testing a new system for ordering off-menu drinks that have gained popularity on social media. While it's a smart idea, the QR scanning function didn't work during my visit. I tried the $6 Pink Drink Remixed. See more stories on Insider's business page. Starbucks is running a limited test that allows customers to order drinks that became popular on social media through ads on Facebook and ...
Tags: Facebook, Instagram, Trends, Starbucks, Allentown Pennsylvania, Mike Blake, Pink Drink, Starbucks Starbucks, Mary Meisenzahl, Social Sips, Instagram Starbucks Scott Olson Getty, Orlando Florida Getty Jeff Greenberg Starbucks, Strawberry Acai Refresher


YouTube's secret algorithm continues to push misinformation on users, from false election fraud claims to conspiracy theories, according to a new study

YouTube CEO Susan Wojcicki. REUTERS/Mike Blake YouTube's suggestion algorithm continues to promote videos with misinformation, according to a new study. YouTube keeps the suggestion algorithm a secret, preventing researchers from studying how it works. The study, commissioned by Firefox maker Mozilla, collected responses from nearly 40,000 YouTube users. Visit the Business section of Insider for more stories. YouTube is still suggesting videos with misinformation, violent content, and ...
Tags: Firefox, Google, News, Youtube, Study, Trends, Mozilla, Susan Wojcicki, Mozilla Firefox, Misinformation, Mike Blake, Ben Gilbert, Tech Insider, Ilhan Omar, Disinformation


Amazon jumps to an all-time high as new CEO Andy Jassy takes over from Jeff Bezos

Andy Jassy, who leads Amazon Web Services, will replace Jeff Bezos as Amazon CEO and leaves an opening for a cloud new leader. Mike Blake/Reuters Amazon soared to new highs on Tuesday as Andy Jassy took over as CEO The stock peaked at $3,645 per share, implying a market cap north of $1.83 trillion. Jassy is widely expected to double down on Bezos's customer-centric philosophy. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Amazon stock soared to new highs on...
Tags: Apple, Amazon, Microsoft, US, Trends, Markets, Ceo, Jeff Bezos, Amazon Web Services, Bezos, Andy Jassy, Mike Blake, Reuters Amazon, Jassy, Stock Mover, Things Before the Opening Bell Amazon


Two-thirds of US investors surveyed say that Elon Musk is the most influential figure in financial markets

Elon Musk has been at the centre of 2021's wild cryptocurrency boom. Mike Blake/Reuters 63% respondents surveyed by Investing.com said Elon Musk is the most influential personality in financial markets. Half of investors say they would support policies to dial back the influence individuals like Musk have. Some investors surveyed said they sold bitcoin after Musk tweeted negatively about its energy use. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. A small ...
Tags: Elon Musk, US, Trends, Markets, Musk, Reuters, Mike Blake, Emily Graffeo, Retail Investors, Elon Musk Bitcoin, MI Exclusive, Elon musk stock market, Musk Investors


Sunrun extends 2-day surge to 22% on Morgan Stanley upgrade that calls for the stock to climb another 73% from current level

Mike Blake/Reuters Residential solar provider Sunrun continued its upswing for a second day, extending gains from Tuesday's close to 22%. Morgan Stanley upgraded its target price for Sunrun to $91 from $86, implying a 73% increase from Thursday's intraday high. A deal between Sunrun and Ford, announced last month, is another green light for the solar company. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Residential solar provider Sunrun continued its ...
Tags: Trends, Markets, Renewable Energy, Ford, Solar Energy, Morgan Stanley, Sunrun, Mike Blake, Analyst Commentary, Price Target, MI Exclusive, Ethan Wu, Sunrun stock, Reuters Residential


ORG CHARTS: View the most important people and power structures at companies like Netflix, Google and JPMorgan

JPMorgan CEO Jamie Dimon sits at the top of the bank's org chart. Mike Blake/Reuters Org charts plot out the power structure at companies. Insider has been assembling these for the past year for companies like Netflix, Microsoft and JPMorgan, and we update them frequently. See more stories on Insider's business page. Organizational charts plot out the most powerful people at companies and the structure that links them together. Here's a summary of the ones our reporters h...
Tags: Google, Amazon, Microsoft, Trends, Intel, Netflix, Goldman Sachs, Salesforce, Jamie Dimon, Jason Kilar, Sundar Pichai, Marc Benioff, Citi, Reuters, Jpmorgan, Pat Gelsinger


The US is short 6.8 million homes, National Association of Realtors says

REUTERS/Mike Blake The US housing market is down at least 5.5 million units, the National Association of Realtors said. Accounting for losses of existing homes and underproduction brings that total to 6.8 million homes. Builders can solve the issue over the next decade, but data suggests they're far from reaching the pace needed. See more stories on Insider's business page. Decades of chronic underbuilding left the US housing market with a colossal gap between consumer demand and ...
Tags: US, Trends, NAR, National Association of Realtors, Census Bureau, Mike Blake, Lawrence Yun, Rosen Consulting Group, Ben Winck, National Association of Realtors Home


Lumber and copper prices have further to slide as speculation dies down and supply catches up, a top commodity strategist says

A housing boom has caused lumber prices to soar in 2021. Mike Blake/Reuters The dramatic slide in lumber and copper prices has further to go, Saxo Bank's chief commodity strategist said. Ole Hansen said lumber supply was quickly catching up with demand, and speculators were leaving the market. He also said demand for copper as an inflation hedge is falling as investors ignore price rises. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. The dramatic slide in lu...
Tags: Trends, Saxo Bank, London Metal Exchange, Reuters, Hansen, Mike Blake, UBS Wealth Management, Paul Donovan, Harry Robertson, Ole Hansen


4 reasons it will take a long time for US home supply to meet the extraordinary demand, according to BofA

Reuters/Mike Blake The housing market is on its way to normalization, but it'll take a while, Bank of America said. Demand is holding strong, but price pressures are intensifying and building costs are up. Here are four signals that it will take a while to balance out the market, according to BofA. See more stories on Insider's business page. The housing market will normalize, but Bank of America advises against holding your breath about it happening soon.The market has been runni...
Tags: US, Trends, Bank Of America, Federal Reserve, University Of Michigan, Reuters, Fannie Mae, BofA, National Association of Realtors, Mike Blake, National Association of Homebuilders, Michelle Meyer, Ben Winck, Bank of America Global Research, Bank of America Global Research While, Bank of America Global Research Perhaps


10 things in tech: Elon's tweets, Venmo update, Cybertruck facial recognition

Elon Musk REUTERS/Mike Blake Good morning and welcome to 10 Things in Tech. If this was forwarded to you, sign up here.Let's get started.1. The SEC has rapped Tesla, saying CEO Elon Musk's tweets violated its rules. A court settlement requires Musk's tweets to go through Tesla's lawyers. More on the SEC's irritation here.2. Mark Zuckerberg was spotted surfing while wearing a bracelet that claims to fend off sharks. The $84 device - also seen on Barack Obama - is designed...
Tags: Google, Amazon, Mark Zuckerberg, Elon Musk, Texas, La, Barack Obama, Newsletter, Trends, Tech, Tesla, Joe Biden, Tokyo, SEC, Las Vegas, Nevada


5 trends fueling one of the hottest housing markets in US history

Newsday LLC / Contributor/Getty Images The housing market is on fire, with a supply shortage driving prices to record highs. But alternative signals show the market isn't just tight, it's changing in much more fundamental ways. Here are the five structural shifts that are fueling the red-hot US housing market. See more stories on Insider's business page. The housing market is on fire.What began as a pickup in demand early in the pandemic has evolved into an all-out buying spre...
Tags: Florida, Texas, Boston, New York City, US, San Francisco, Trends, Idaho, Redfin, Glenn Kelman, The Boston Globe, National Association of Realtors, West Los Angeles, Census Bureau, Mike Blake, Jonathan Ernst


Media mogul Barry Diller ripped AT&T's WarnerMedia-Discovery merger, saying the company should be 'dead and buried by now'

Barry Diller, Chairman and Senior Executive of IAC/InterActiveCorp and Expedia, Inc., speaks at the Wall Street Journal Digital conference in Laguna Beach, California, U.S., October 17, 2017. REUTERS/Mike Blake IAC chairman Barry Diller called the WarnerMedia-Discovery merger the "great escape" for AT&T. He made the comment during an interview on CNBC's "Squawk Box." "It's the power of monopoly," he said. "Ma Bell should be dead and buried by now." See more stories on Insider's...
Tags: Media, Disney, Trends, Discovery, Netflix, AT T, IAC, Cnbc, Expedia, Wall Street Journal Digital, Diller, Barry Diller, Expedia Inc, Mike Blake, David Zaslav, Laguna Beach California


The Wall Street crowd is flocking to oyster bar happy hours and running up $6,000 wine tabs

Universal Images Group/Getty Images Good morning and welcome to Insider Finance. I'm Dan DeFrancesco, and here's what's on the agenda today:The Wall Street crowd is flocking to oyster bar happy hours and running up $6,000 wine tabs at dinner as NYC comes back to life. Security firms for the ultra-rich are getting ready for a surge in business as the wealthy look to travel again. Meet the five JPMorgan executives who have the best shot at taking over for CEO Jamie Dimon when he...
Tags: Mark Zuckerberg, New York, New York City, America, Trends, CMO, Getty Images, Bill Gates, Warren Buffett, Silicon Valley, Bill, Morgan Stanley, Melinda Gates, Jamie Dimon, Apollo, Wells Fargo


JPMorgan is trying to disrupt healthcare - again

Hello,Welcome to Insider Healthcare. I'm Lydia Ramsey Pflanzer, and today in healthcare news:Meet Morgan Health, JPMorgan's latest bet on changing healthcare;The 6 investors making the most bets on digital health in the first quarter of 2021;The fast-growing home-care industry is running into staffing issues in a tight labor market.If you're new to this newsletter, sign up here. Comments, tips? Email me at [email protected] or tweet @lydiaramsey125. Let's get to it... Mik...
Tags: Amazon, US, Trends, Healthcare, Berkshire Hathaway, Jpmorgan, Johnson Johnson, Newsletters, Mike Blake, Katie Porter, Home Care, IPO Bloomberg, Employer Benefits, Reuters JPMorgan, Lydia Ramsey Pflanzer, Dispensed


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