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Business

Latest Business news from around the world

Elon Musk predicts AI will create abundance and make work optional. 'Big Short' Michael Burry sees 'revolution' first.
Business

Elon Musk predicts AI will create abundance and make work optional. 'Big Short' Michael Burry sees 'revolution' first.

Elon Musk expects AI and robots to enable big government checks for all, and working to be a choice. Michael Burry sees a revolution beforehand.

Theron Mohamed · 06 Jul, 2026
Small biz's big bet on AI comes with a catch
Business

Small biz's big bet on AI comes with a catch

For small businesses using AI, there's a real risk of losing what makes them so special in the first place.

Dan DeFrancesco · 06 Jul, 2026
I help an older couple for 10 hours a week. It's made San Francisco affordable.
Business

I help an older couple for 10 hours a week. It's made San Francisco affordable.

Nanik Tagore says living with an older couple has lowered his housing costs while providing companionship and support to a woman with dementia.

Jane Ridley · 06 Jul, 2026
Microsoft's Xbox cuts 1,600 employees, with plans to shed 20% of its workforce this year
Business

Microsoft's Xbox cuts 1,600 employees, with plans to shed 20% of its workforce this year

Microsoft announced plans to lay off around 4,800 employees on Monday. Of those, 1,600 come from Xbox layoffs and studio spinouts. More will follow.

Ashley Stewart · 06 Jul, 2026
Microsoft cuts 4,800 jobs across sales and Xbox. Read the memo.
Business

Microsoft cuts 4,800 jobs across sales and Xbox. Read the memo.

Microsoft announced plans to lay off 4,800 employees on Monday, confirming Business Insider's earlier report.

Ashley Stewart · 06 Jul, 2026
Sierra cofounder says some of his best employees are AI-savvy 22-year-olds
Business

Sierra cofounder says some of his best employees are AI-savvy 22-year-olds

"Some of our most effective employees at the entire company are 22 or 23 years old and have been completely AI-pilled," Clay Bavor said.

Thibault Spirlet · 06 Jul, 2026
11 movie sequels nobody wanted and 9 we desperately need
Business

11 movie sequels nobody wanted and 9 we desperately need

"Space Jam: A New Legacy" and "Speed 2: Cruise Control" were unnecessary, while "Crazy Rich Asians" deserves a sequel.

Gabbi Shaw · 06 Jul, 2026
Investors ignored manufacturing startups for years. These ex-Apple engineers raised a $33 million fund to change that.
Business

Investors ignored manufacturing startups for years. These ex-Apple engineers raised a $33 million fund to change that.

Omni Ventures will back pre-seed startups building AI, robotics, and automation tools for manufacturing.

Rya Jetha · 06 Jul, 2026
I swore by booking 'guarantee' cabins to save money on cruises. After a few nightmare experiences, I'd never do it again.
Business

I swore by booking 'guarantee' cabins to save money on cruises. After a few nightmare experiences, I'd never do it again.

Booking guarantee cabins was my easy way to save money on cruises. After a few years, cons added up and I learned the hard way they're not worth it.

Allie Hubers · 06 Jul, 2026
Elon Musk's No. 2 says she's giving SpaceX stock to Trump Accounts
Business

Elon Musk's No. 2 says she's giving SpaceX stock to Trump Accounts

SpaceX president Gwynne Shotwell donates stock to Trump Accounts days after the President's prediction

Georgia Hennessy · 06 Jul, 2026
The backlash against Sony ditching PlayStation discs is not slowing down
Business

The backlash against Sony ditching PlayStation discs is not slowing down

Sony's decision to stop producing physical discs from 2028 has had gamers up in arms and brands trolling — and it's only getting messier.

Hugh Langley · 06 Jul, 2026
The robots have made it to the World Cup
Business

The robots have made it to the World Cup

Attempts to build a robotic footballer have so far not been a success, but Atlas appears to be pretty good with a ball at its feet.

Tom Carter · 06 Jul, 2026