General World News

A Harvard professor has a tip for entrepreneurs looking for the next big thing: Check out the electric-car market in China

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In China, the electric-car market is “booming.” That’s according to Clayton Christensen, a Harvard Business School professor and an author of “The Prosperity Paradox.” Christensen said electric cars in China are examples of “market-creating innovations,” in that they make a product affordable and accessible to a broader swath of the population. In his new book, […]

General World News

The Best Rx for Teens Addicted to Vaping? No One Knows

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The nation’s top health authorities agree: Teen vaping is an epidemic that now affects some 3.6 million underage users of Juul and other e-cigarettes. But no one seems to know the best way to help teenagers who may be addicted to nicotine. E-cigarettes are now the top high-risk substance used by teenagers, according to the […]

General World News

THE EVOLUTION OF THE US NEOBANK MARKET: Why the US digital-only banking space may finally be poised for the spotlight (GS, JPM)

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This is a preview of a research report from Business Insider Intelligence, Business Insider’s premium research service. To learn more about Business Insider Intelligence, click here. Neobanks, digital-only banks that aren’t saddled by traditional banking technology and costly networks of physical branches, have been working to redefine retail banking in major markets around the world. […]

General World News

Firefly Aerospace Is Behind Florida Rocket Project: Sources

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Firefly Aerospace Inc, a resurgent rocket company founded by a former SpaceX engineer, plans to build a factory and launch site at Florida’s Cape Canaveral Spaceport in a $52 million deal, people familiar with the project said on Wednesday. The Firefly project is strategically important for the Cedar Park, Texas-based startup as it competes with […]

General World News

Free games like ‘Fortnite’ earned more than $87 billion last year, and the rest of the gaming industry is starting to take note

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Free-to-play video games generated $87.7 billion in revenue during 2018, according to a new report from research firm SuperData. Asian players account for 62% of spending on free games, and seven of the top 10 grossing free-to-play games belong to Asian publishers. “Fortnite” was the top grossing game of 2018, free or otherwise, with an […]

General World News

Maggie Gyllenhaal and Peter Sarsgaard just listed their 4-story Brooklyn townhouse for $4.59 million — here’s a look inside the home and its private garden

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Actors Maggie Gyllenhaal and Peter Sarsgaard have listed their four-story Brooklyn townhouse for $4.59 million. They purchased the home 12 years ago for $1.91 million, as The Wall Street Journal reports. The past several months have seen an assortment of high-profile real estate transactions in Brooklyn, including Matt Damon purchasing Brooklyn’s most expensive apartment in […]

General World News

One of Yelp’s biggest investors says its patience has ‘worn out,’ and is urging management to make changes or sell the company (YELP)

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One of Yelp‘s largest shareholders, SQN Investors LP, urged management to refresh its board of directors to create significant value for investors. If not, SQN says it should sell the company. Yelp traded above $90 a share back in 2014 when there were fewer business ratings and reviews platforms. But shares have since tanked more […]

General World News

Donald Trump is the first billionaire to serve as president of the United States — here’s how he spends his $3.1 billion fortune, from his 24-karat gold-plated helicopter to the $350,000 in annual alimony to his first wife

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Donald Trump, with a net worth of $3.1 billion according to Forbes, is the first billionaire in history to serve as president of the United States. From his New York real estate to his golf clubs around the world, he rakes in millions of dollars of revenue annually. Here’s how Trump spends his fortune. Donald […]