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Grimes says she was 'going bankrupt' during custody battle with Elon Musk
Elon Musk and Grimes at the Met Gala in 2018.Theo Wargo/Getty ImagesGrimes shared new details about her custody dispute with her former partner Elon Musk.Grimes wrote on X that she "spent a year locked in battle in a state with terrible mothers rights."Grimes said she was "going bankrupt" during the dispute and had a "fraction" of Musk's resources.Grimes said she was "going bankrupt" during her custody dispute with Elon Musk, the billionaire CEO of Tesla with whom she shares three children.Grime -
Auto worker wipeout: Why car companies are cutting thousands of jobs
Volkswagen has announced plans to close three production facilities.Horacio Villalobos/Getty ImagesMajor automakers around the world have announced layoffs and factory closures in recent weeks.Companies affected include Ford, GM, Stellantis, and Volkswagen Group.This is due to unprofitable EV investments, Chinese market losses, and more domestic competition.Major automakers around the world have announced multiple rounds of layoffs and factory closures in recent weeks as they struggle to turn a -
Ukraine's drone units are inflicting 80% of the frontline casualties on Russia, report says
A drone operator with the Ukrainian Army's 93rd Brigade launches a DJI Mavic 3 drone in Bakhmut, Ukraine.John Moore/Getty ImagesRussia is intensifying its attacks against Ukraine's depleted military.Ukraine's forces are low on ammunition and equipment.Its drone units account for 80% of Russian losses, The New York Times reported.Ukraine's drone units now account for at least 80% of Russian frontline losses, The New York Times reported.Commanders in the Ukrainian military told the Times that the -
Elon Musk's startup xAI is now reportedly worth more than what the billionaire paid for Twitter
xAI's valuation has doubled since the spring, per The Wall Street Journal. AnadoluElon Musk's AI startup, xAI, has been valued at $50 billion, The Wall Street Journal reported.xAI's valuation has doubled since the spring, surpassing the $44 billion Musk paid for Twitter.Investors in xAI's new funding round reportedly include Sequoia Capital and Andreessen Horowitz.Elon Musk's AI startup, xAI, has reportedly been valued at $50 billion — $6 billion more than what the billionaire paid to acqu -
Trump is laying the groundwork for his 'drill, baby, drill' agenda
North Dakota Gov. Doug Burgum, if confirmed as interior secretary, could permit more oil and gas drilling on public lands and waters.Tom Williams/CQ Roll CallTrump's Cabinet picks for Interior, Energy, and EPA are allies of the oil and gas industry.They plan to expand drilling in the Gulf of Mexico and on federal lands and roll back climate rules.Scientists warn that burning more fossil fuels will worsen the climate crisis.President-elect Donald Trump wants to stack his Cabinet with oil and gas -
Dell pays $2.3 million to settle claims that it overcharged the US Army for computers
The DoJ said Dell and Iron Bow created the false appearance of competition in bids to the US Army.NurPhoto/GettyDell has agreed to pay $2.3 million to settle claims that it violated the False Claims Act.Dell and reseller Iron Bow overcharged the US Army for computers over four years, the DOJ said.Fraud in the government contract process costs taxpayers, said a US attorney involved in the case.Dell has agreed to pay $2.3 million to resolve allegations it violated the False Claims Act in its busin -
I've always known I don't want kids. It's made dating in my 30s difficult.
Natalia Buia has always known she didn't want kids, she says it makes dating harder.Courtesy of Natalia BuiaNatalia Buia is a 36-year-old publicist in Toronto who has never wanted to have kids.When she was in her 20s, being childfree didn't have a big impact on dating.She finds dating apps are irritating as a woman who doesn't want children.This as-told-to essay is based on a conversation with Natalia Buia. It has been edited for length and clarity.From childhood, I recall not wanting to have ch -
McDonald's is bringing back cheap fast food with its McValue menu
McDonald's wants to win back cash-strapped diners. Erin McDowell/InsiderMcDonald's is launching a new value menu to attract budget-conscious customers in the US.The chain has raised prices in recent years in response to inflation, putting off some customers.It's now refocusing on value. McDonald's is preparing to launch its new value menu in the US to win back cash-strapped shoppers. The chain has touted this new menu in recent earnings calls, saying it plans to roll it out in Q1 next year. Per -
Today's Mortgage Rates | Rates Still Haven't Moved Much
The offers and details on this page may have updated or changed since the time of publication. See our article on Business Insider for current information.Affiliate links for the products on this page are from partners that compensate us (see our advertiser disclosure with our list of partners for more details). However, our opinions are our own. See how we rate mortgages to write unbiased product reviews.
Mortgage rates for November 21, 2024, are around 6.60%.
Rates are likely to hold steady un -
Elon Musk and Vivek Ramaswamy are starting a 'Dogecast' podcast to chronicle their government efficiency drive
Vivek Ramaswamy and Elon Musk have been put in charge of the "Department of Government Efficiency."Michael M. Santiago/Getty Images, Andrew Harnik/Getty ImagesElon Musk and Vivek Ramaswamy are starting a podcast to chronicle DOGE's attempt to cut government spending.Musk suggested the so-called "Dogecast" will have guests and could be released weekly.Musk and Ramaswamy have been using X to promote their new roles in government efficiency.Elon Musk and Vivek Ramaswamy are planning on keeping fede -
Here's what 5 CEOs learned by becoming undercover bosses
DoorDash CEO Tony XuDoorDashCEOs at top companies have gone to the shop floor to learn more about their businesses.Laxman Narasimhan did time as a barista while running Starbucks, and Airbnb CEO Brian Chesky was a host.Here's what they learned from going undercover.When Kelly Ortberg became Boeing CEO in October, he issued a rallying cry for company leaders: Get back on the factory floor.He's not the only leader who thinks bosses are too far from the coal face.Some executives have said those who -
The economic milestone that's making women less likely to get married
Kimberly Elliott for BIWhen "Sex and the City" debuted in 1998, the series captured public fascination for more reasons than what its title might imply. It wasn't just that the show's central foursome were women having lots of sex; they were women over 30 having lots of sex, and they were single. A "mid-30ish crowd of bed-hopping, hedonistic female night crawlers," a Los Angeles Times critic pointedly wrote. Their singlehood painted a picture of a titillating, and even threatening, new woman.Thr -
TGI Failure: Why the casual dining chain went bust
Getty Images; Jenny Chang-Rodriguez/BITGI Fridays has gone through a lot of iterations. It started in the 1960s as a hot singles bar. By the '80s and '90s, it had transformed into a nice-enough family-friendly spot for a cheapish night out. Nowadays, the chain has become a place that nobody really wants to go to — at least not enough to keep the casual dining chain out of bankruptcy.The writing has been on the wall at TGI Fridays for a while. The restaurant has been struggling to pay its b -
Jensen Huang says the 3 elements of AI scaling are all advancing. Nvidia's Blackwell demand will prove it.
Scaling has been a key concern for AI leaders.I-HWA CHENG/AFP via Getty Images; Justin Sullivan/Getty ImagesReports on an AI progress slowdown raised concerns about model scaling on Nvidia's earnings call.An analyst questioned if models are plateauing and if Nvidia's Blackwell chips could help.Huang said there are three elements in scaling and that each continues to advance.If the foundation models driving the panicked rush toward generative AI stop improving, Nvidia will have a problem. Silicon -
Google's DeepMind and YouTube built and shelved 'Orca,' a 'mind-blowing' music AI tool that hit a copyright snag
Google DeepMind CEO Demis Hassabis.GoogleGoogle's DeepMind and YouTube previously built and shelved Orca, an AI music tool.Orca could generate music mimicking artists. Google trained it on copyrighted YouTube music videos.Google's AI strategy led to Orca's development. Legal risks halted its release.Name your favorite artist, choose a genre, and feed it some lyrics, and AI will create a song that sounds completely authentic.That was the vision of "Orca," a project Google's DeepMind and YouTube c -
Elon Musk's DOGE is looking to Argentina for inspiration to slash public spending
Getty Images; Jenny Chang-Rodriguez/BIElon Musk and Vivek Ramaswamy, co-heads of DOGE, are figuring out how to cut the federal government.Both men admire Javier Milei, the Argentine leader elected on a pledge to slash the state.Milei closed nine ministries, firing thousands of officials, and the economy is feeling the effects.About a year ago, standing in front of a whiteboard with a gleam in his eye, Javier Milei started pulling apart Argentina's government."Ministry of Culture — Out -
Young people flocked to these 10 rural places before the election. 9 went for Trump.
Younger Americans went from blue cities to red rural areas but didn't necessarily bring those politics with them.Andrew Lichtenstein/Corbis via Getty ImagesIn recent years, young Americans moved to rural areas at rates not seen in decades.But that doesn't mean they're turning rural counties red.Millennials and Gen Zers became more conservative, like the country as a whole.In the years leading up to the election, young people flocked from urban areas to rural counties at record rates — but -
Box CEO Aaron Levie, who voted for Kamala Harris, explains why more Democrats should embrace Elon Musk
Box CEO Aaron Levie said it was a mistake for Democrats to have animosity towards Elon Musk.Steve Jennings/Getty Images for TechCrunchBox CEO Aaron Levie said Democrats should embrace Elon Musk.Levie, who supported Kamala Harris, said he thinks Musk is uniquely qualified to support innovation.Musk is set to co-lead a government advisory group aimed at cutting federal spending.Many members of the Democratic party and billionaire Elon Musk have had a contentious relationship in recent years, but A -
The Putin-Kim bromance grows with a lion, yaks, bears, cockatoos, pheasants, and 40 ducks
Putin and Kim have been publicizing a budding friendship as both hope to lean on each other and lessen the blow of international sanctions.Kremlin Press Office/Anadolu via Getty ImagesRussia announced on Wednesday that Vladimir Putin is gifting Kim Jong Un about 70 animals for his zoo.Russia's environmental ministry said the animals include a lioness, two bears, two yaks, and over 60 birds.The new set of animals is another touch by Putin to firm up his alliance with North Korea.Moscow has sent P -
I'm 27 and paid $156 for a buzzy health test, fearing I was unknowingly sick. It was reassuring but I felt scammed.
Getty Images; Chelsea Jia Feng/BIThe idea that testing and tracking your health will help you live longer is buzzy right now.I feared I had problems like high cholesterol or blood sugar and paid $156 for a direct-to-consumer health test.I learned there isn't good evidence that these general tests improve our health.It was a Friday afternoon in London's financial district and I was standing barefoot on a scale, blood freshly extracted from my arm.I'd just spent $78 to have my heart health, -
Elon Musk says he's had little to do with Trump's cabinet picks — he just likes 'spending time' with the man
"My direct experience is that he is a great guy with an excellent sense of humor," Elon Musk said of President-elect Donald Trump on Wednesday.Jeff Bottari/Zuffa LLC via Getty ImagesElon Musk says he really enjoys spending time with President-elect Donald Trump.But the Tesla and SpaceX CEO said he's had little input on Trump's Cabinet picks.Musk said the "decisions are 100% that of the President."Elon Musk says he's had little input on President-elect Donald Trump's cabinet picks."To be clear, w -
Indian billionaire Gautam Adani's companies' stocks are crashing after he was indicted on bribery charges
Gautam Adani was indicted in the US on bribery charges.Subhankar Chakraborty/Hindustan Times via Getty ImagesIndia's stock market fell after Gautam Adani faced US bribery charges.Adani and executives allegedly paid $250 million in bribes for solar contracts.One CIO told Bloomberg TV that the charges "dented sentiment" in Indian markets.India's stock market opened lower on Thursday after one of the country's richest men was charged by US prosecutors in a massive bribery scheme.New York prosecutor -
Lauren Sánchez, 54, says she used to think life would be 'over at 50' as a woman
Lauren Sánchez says she never thought she would have so much to look forward to in her life after turning 50.Michael Buckner/WWD via Getty ImagesLauren Sánchez, 54, says she never expected to have so much to look forward to in life after turning 50."When I was 20, I thought, 'Oh my gosh, life is over at 50,'" she said on the "Today" show.Apart from her wedding to Jeff Bezos, Sánchez also has a space flight to look forward to.These days, Lauren Sánchez, 54, thinks that -
Who is Jimmy Lai, the Hong Kong media tycoon facing a life sentence in a national security trial?
Former media mogul Jimmy Lai has been accused of sedition and foreign collusion. Lai has been held in solitary confinement since December 2020.Anthony Wallace/AFP via Getty ImagesJimmy Lai was the chief of the now-defunct Hong Kong tabloid Apple Daily.Now 77, he's facing a life sentence in a national security trial in Hong Kong.He was arrested in August 2020 after the intense anti-China government protests of 2019.Jimmy Lai, once one of Hong Kong's most outspoken media tycoons, has been silent f -
The DOJ wants Google to sell its Chrome browser. Here are the winners and losers if that happens.
A judge ruled in August that Google maintains an illegal monopoly in the search and advertising markets.Google; Getty Images; Chelsea Jia Feng/BIThe DOJ asked the judge in its antitrust case against Google to force the company to sell Chrome.Chrome is a key distribution method for Search, which provides crucial data for Google's ads.A breakup would be a blow to Google and likely create opportunities for competitors.A possible breakup of Google just became slightly more likely.The Justice Departm -
Ray Dalio says to understand Trump's 2nd administration, you should study how far-right governments in the 1930s worked
Billionaire investor Ray Dalio said Donald Trump's "America First" approach, combined with a major "government renovation," is an approach tried before by hard-right nations in the 1930s.Chris Unger/Zuffa LLCRay Dalio said Trump's approach to governance was tried by hard-right states in the 1930s.The billionaire said he isn't labeling Trump or his government as fascist.But he said a "government renovation" and an "America First" policy were similar to the operational styles of those regimes.Bill -
Matthew McConaughey got so tired of playing the 'romcom dude' that he moved to Texas and rejected a $14.5 million role
Matthew McConaughey moved back to his home state, Texas.Tim Warner/Getty ImagesMatthew McConaughey didn't want to keep acting in romcoms, so he moved to Texas.The "Interstellar" actor rejected a $14.5 million role to star in an action comedy.Being able to say "no" is also an important leadership skill.Learning to say "no" helped Matthew McConaughey explore roles beyond romcoms.In Wednesday's episode of "Good Trouble" with Nick Kyrgios, McConaughey, 55, said that saying "no" is more important tha -
DOJ asks judge to force Google to sell Chrome as remedy in landmark antitrust case
DOJ officials, in a filing, proposed that Judge Amit Mehta force Google to sell its Chrome browser to remedy antitrust violations in the tech giant's search business.Roberto Machado Noa/Getty ImagesJudge Amit Mehta found in August that Google holds an illegal monopoly in its search business.On Wednesday, DOJ officials in the antitrust division filed their proposal for remedies in the case.The DOJ wants Judge Mehta to force Google to sell its Chrome browser.Officials from the Department of Justic -
Boeing CEO Kelly Ortberg says the company's staff 'spend more time arguing' than strategizing about how to beat Airbus: report
CEO Kelly Ortberg called out Boeing's staff for spending more time "arguing" than strategizing.JASON REDMOND/AFP via Getty ImagesBoeing's CEO Kelly Ortberg has a message for his staff: Stop fighting and get to work.Ortberg urged employees to "focus on the task at hand" instead of squabbling.The CEO also spoke with President-elect Donald Trump about the impact of his potential tariffs.Boeing's CEO Kelly Ortberg has a stern warning for his staff — stop squabbling and get to work.The Wall Str -
A crypto investor just bought the duct-taped banana art for 6 times its estimate
The viral duct-taped banana art piece was sold at an auction on Wednesday in New York for $6.2 million.kena betancur / AFPA crypto investor bought the viral duct-taped banana art piece for $6.2 million at an auction on Wednesday.When it was first unveiled at Art Basel Miami 2019, Maurizio Cattelan's "Comedian" stirred up debate in the art world.The buyer, Justin Sun, says he plans to "personally eat the banana" in the coming days.How much are you willing to pay for fruit?A crypto investor paid $
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