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Business

Latest Business news from around the world

Allbirds is now Smartbirds, and its AI-focused CEO says people won't even remember the shoes'
Business

Allbirds is now Smartbirds, and its AI-focused CEO says people won't even remember the shoes'

Allbirds announced It would no longer sell shoes and instead become an AI infrastructure provider. Business Insider talked to the new CEO.

Ben Bergman · 17 Jun, 2026
Panera's CEO regrets a cost-cutting move he approved as CFO
Business

Panera's CEO regrets a cost-cutting move he approved as CFO

Panera Bread's RISE initiative, led by CEO Paul Carbone, aims to rebuild customer loyalty with menu improvements and a refreshed dining experience.

Katherine Tangalakis-Lippert · 17 Jun, 2026
People don't trust AI. They do yearn for Lunchables: survey.
Business

People don't trust AI. They do yearn for Lunchables: survey.

As Americans use AI more they're trusting it less. Meanwhile they're gravitating toward the comfort of familiar brands.

Dominick Reuter · 17 Jun, 2026
AI token costs are forcing companies to rethink how they hire, budget, and manage usage
Business

AI token costs are forcing companies to rethink how they hire, budget, and manage usage

AI token spending soared from companies pushing unlimited use. Now tech workers are competing for compute as companies rethink budgets.

Henry Chandonnet · 17 Jun, 2026
One of legal's hottest startups is helping lawyers finally answer: Is the AI's work any good?
Business

One of legal's hottest startups is helping lawyers finally answer: Is the AI's work any good?

Legal AI startups say their tools can absorb routine work. Crosby is releasing a benchmark to test whether lawyers should trust them.

Melia Russell · 17 Jun, 2026
Ukrainian troops are getting up to $10,000 in monthly bonuses for capturing soldiers or taking outposts
Business

Ukrainian troops are getting up to $10,000 in monthly bonuses for capturing soldiers or taking outposts

The new salary cap for Ukrainian frontline troops is worth about 30 times the average pay in the country before the war began.

Matthew Loh · 17 Jun, 2026
I was using Anthropic's Fable when it disappeared mid-project. It taught me a lesson about AI and business.
Business

I was using Anthropic's Fable when it disappeared mid-project. It taught me a lesson about AI and business.

A UK founder was mid project with Anthropic's Fable 5 model when a US government order halted foreign access. Luckily, he had a backup plan.

Charissa Cheong,Agnes Applegate · 17 Jun, 2026
Rainbow warned its models that AI meant fewer jobs. Then their doppelgängers appeared.
Business

Rainbow warned its models that AI meant fewer jobs. Then their doppelgängers appeared.

The 90-year-old retailer Rainbow told its fashion models "fewer people will be needed" due to AI. The models say their likeness fueled AI lookalikes.

Henry Chandonnet · 17 Jun, 2026
Blood-red, white and blue: My wild night at Trump's White House-hosted UFC fight
Business

Blood-red, white and blue: My wild night at Trump's White House-hosted UFC fight

I spent 9 unhinged hours among the fans at the UFC White House spectacle.

Zak Jason · 17 Jun, 2026
I spent $3,500 to watch the 'Summer House' reunion at the show's Hamptons house. It felt like reliving my youth.
Business

I spent $3,500 to watch the 'Summer House' reunion at the show's Hamptons house. It felt like reliving my youth.

Kerry Feeney watched the "Summer House" reunion at the show's house. "The best part was being able to share it with my friends," she said.

Henry Chandonnet · 17 Jun, 2026
A Russian warship sailing between England and France fired warning shots at a British civilian yacht
Business

A Russian warship sailing between England and France fired warning shots at a British civilian yacht

The guided-missile frigate opened fire with small arms in the path of the Bright Future, a sailing yacht with a retired British couple on board.

Matthew Loh · 17 Jun, 2026
The latest NYC hustle: $100+ to hold a Knicks parade spot
Business

The latest NYC hustle: $100+ to hold a Knicks parade spot

Multiple listings have cropped up on gig-work platform Airtasker with asking prices ranging from $50 to $800.

Amanda Goh · 17 Jun, 2026