Financial News from Business Insider

  • Here's the fascinating way presidential phone calls get made -- and how Trump already disrupted the … Business Insider - 1 minute 32 seconds ago
    Here's the fascinating way presidential phone calls get made -- and how Trump already disrupted the …

    US President-elect Donald Trump spoke with the president of Taiwan over the phone Friday, a diplomatic move that seems to have broken many rules about how phone calls between world leaders get made. When President Barack Obama calls other world leaders, for instance, his aides bring him a National Security Council dossier that contains a complete intelligence portrait of the person with whom he's about to get on the phone. The dossier includes everything from the leader's personality and health to information about their children and spouses -- even tidbits like whether the person likes jokes or small talk, Yahoo News reported in 2014.

  • After Fidel Castro's death, Cuba and Venezuela may turn to each other for political survival Business Insider - 6 minutes ago
    After Fidel Castro's death, Cuba and Venezuela may turn to each other for political survival

    For much of the world, Fidel Castro leaves a legacy as an exalted revolutionary, perhaps nowhere more so than in Venezuela. The two countries have been close ideologically for much of the last 20 years, and Castro's Cuba has loomed large on Venezuela's socialist landscape. In the wake of Fidel's death, however, Cuba and Venezuela's closeness may become more about the two regimes' political survival rather than the revolutionary socialist fervor frequently invoked by Hugo Chavez and Nicolas Maduro, the two Venezuelan presidents who have drawn their country close to Cuba.

  • What it's like to take the hallucinogenic psilocybin as medicine Business Insider - 6 minutes ago
    What it's like to take the hallucinogenic psilocybin as medicine

    For the researchers that are trying to see if hallucinogenic substances like psilocybin, the active ingredient in magic mushrooms, can be used safely as medicine, it's essential to make sure that patients are prepared to have a safe experience. One particularly negative experience could set this work back for years. Much of the current research builds on work done by Roland Griffiths at Johns Hopkins University, where studies of healthy volunteers have shown that taking psychedelics under supervision is extremely unlikely to cause any serious side effects.

  • Here's a great all-in-one Martini recipe for the holidays Business Insider - 47 minutes ago
    Here's a great all-in-one Martini recipe for the holidays

    The Martini is the undisputed king of cocktails. Mixology fads come and go, but the Martini is forever. There's never a bad time for a good Martini, and with the holidays upon us, it's the perfect opportunity for me to showcase my perfect method for mixing the legendary drink.

  • Scientists have made a bizarre lifeform that bonds carbon to silicon Business Insider - 1 hour 6 minutes ago
    Scientists have made a bizarre lifeform that bonds carbon to silicon

    This new bioengineering by Caltech researchers, described in the journal Science, may not improve the prospects of silicon-based alien life -- contrary to a colourful illustration sent to members of the press (shown here) -- but it could enable biologists to ask sci-fi-level questions.

  • A dermatologist explains why lip-balm addiction is a myth Business Insider - 1 hour 13 minutes ago
    A dermatologist explains why lip-balm addiction is a myth

    Dr. Melanie Grossman, a dermatologist based in New York City, explains why lip balm addiction is a myth and what could actually be happening if you keep feeling the need to reapply it.

  • 8 times the 'Westworld' TV show referenced the 1973 'Westworld' movie Business Insider - 1 hour 34 minutes ago
    8 times the 'Westworld' TV show referenced the 1973 'Westworld' movie

    HBO's "Westworld" may be wrapping up its first season, but if you're still in the mood for humanoid robot mayhem you can check out the original 1973 film the series upon which the series was based. There are actually quite a few similarities between the two and some Easter eggs that were snuck into the show. Here's a look at some of the major things we noticed after watching both.

  • A space engineer explains why humans will never go past Mars Business Insider - 2 hours 6 minutes ago
    A space engineer explains why humans will never go past Mars

    Louis Friedman, an aerospace engineer and author of "Human Spaceflight: From Mars to the Stars," believes that humans may never travel past Mars. The former head of The Planetary Society says technology will replace exploring humans.

  • Sears is on the brink of catastrophe as stores closures loom and top execs flee the company Business Insider - 2 hours 19 minutes ago
    Sears is on the brink of catastrophe as stores closures loom and top execs flee the company

    The company is shutting down dozens of Kmart stores this month and two of its highest-ranking executives left this week in the midst of the key holiday shopping season. This comes following speculation among Sears and Kmart employees, suppliers, and several banks that the retailer will soon go bankrupt -- something Sears has repeatedly dismissed. Jeff Balagna, formerly Sears' executive vice president, left the company Wednesday, "in order to focus on his other business interests and pursue other career opportunities," Sears said in an SEC filing dated November 23.

  • A retired Navy SEAL explains how to survive a bear attack Business Insider - 2 hours 36 minutes ago
    A retired Navy SEAL explains how to survive a bear attack

    In this excerpt from 100 Deadly Skills: Survival Edition, retired Navy SEAL Clint Emerson explains how to survive a bear attack. If you run into a black bear on a mountain trail, be grateful for your good fortune. Compared to polar bears and brown bears, black bears are much less likely to attack.

  • Warriors coach Steve Kerr says he tried marijuana for his chronic back pain and believes it's better … Business Insider - 2 hours 48 minutes ago
    Warriors coach Steve Kerr says he tried marijuana for his chronic back pain and believes it's better …

    Golden State Warriors head coach Steve Kerr turned to a different treatment option for the chronic back pain that's bothered him from having two surgeries on his back. On a podcast with CSN Bay Area's Monte Poole, Kerr revealed that he tried marijuana to ease the pain, based on recommendations and research he did. "I guess maybe I could even get in some trouble for this, but I've actually tried [marijuana] twice during the last year and a half when I've been going through this pain, this chronic pain that I've been dealing with," Kerr said.

  • Here's what happens to your brain and body when someone breaks your heart Business Insider - 3 hours ago
    Here's what happens to your brain and body when someone breaks your heart

    Helen Fisher, biological anthropologist and author of "Anatomy of Love," says heartbreak has physiological effects on our minds and bodies. There's a scientific reason it hurts so much.

  • Sriracha is taking over fast food -- here are some of the most popular products Business Insider - 3 hours ago
    Sriracha is taking over fast food -- here are some of the most popular products

    A lot of fast food companies are introducing sriracha into their menus. According to mintel data, 62% of millennials describe themselves as "adventurous eaters," and restaurants may be taking note.

  • A 26-year old Bitcoin entrepreneur was handed prison time, and the experience only confirmed his belief … Business Insider - 3 hours ago
    A 26-year old Bitcoin entrepreneur was handed prison time, and the experience only confirmed his belief …

    The rise of 26-year old Charlie Shrem was swift. The self-professed computer geek turned divisive digital currency entrepreneur won notoriety as the founder of BitInstant. Shrem got of prison earlier this year, and his experience there hasn't deterred his faith in bitcoin and blockchain, the technology behind it.

  • Why the sneaker wars are being waged on the streets of New York City Business Insider - 3 hours ago
    Why the sneaker wars are being waged on the streets of New York City

    Nike, Adidas, and Under Armour are showing just how important the Big Apple is to their business, opening stores and inking deals for unprecedented amounts of retail space. On Thursday Adidas opened its new 45,000-square-foot global flagship store near Times Square in New York City. Adidas already maintains a boutique-style store for the Originals lifestyle collection in Soho, and a larger store focused on performance just north of that.

  • Apple needs to hire some teens to help with its social media strategy Business Insider - 3 hours ago
    Apple needs to hire some teens to help with its social media strategy

    2016 was the year that Apple joined the rest of the world and embraced social media. Earlier this year, Apple launched an official Twitter account to promote the launch of the iPhone 7. Apple has been running music-related social accounts for years, but its willingness to create official accounts for Apple itself is a relatively new development.

  • 3 traits that are crucial for a long and happy relationship Business Insider - 3 hours ago
    3 traits that are crucial for a long and happy relationship

    Dr. Bat Sheva Marcus, the clinical director of Maze Women's Sexual Health, discusses what a couple needs to maintain a healthy, long-lasting relationship.

  • This chart shows why it's so hard to fix the diversity problem in tech Business Insider - 3 hours ago
    This chart shows why it's so hard to fix the diversity problem in tech

    On Thursday, First Round, a leading early-stage venture firm, released the results of its annual state of startups report. Simply put, tech companies don't make diversity a priority. Nearly a third say they're split 50-50 between men and women.

  • Stop whatever you're doing and watch this new 'Zelda' trailer Business Insider - 4 hours ago
    Stop whatever you're doing and watch this new 'Zelda' trailer

    2017's "The Legend of Zelda: Breath of the Wild" is testament to that focus. The upcoming third-person action-adventure game is scheduled for a 2017 launch -- and it's coming to both Nintendo's Wii U and its new Switch console. All that aside, a wealth of new footage of the game was published this week by Nintendo.

  • Healthcare spending in the US just did something that rarely happens outside a recession Business Insider - 4 hours ago
    Healthcare spending in the US just did something that rarely happens outside a recession

    The amount that the US is spending on healthcare jumped $3.2 trillion in 2015, a 5.8% increase from the year before, according to the new National Health Spending Report (NHSR) from the Centres for Medicare and Medicaid Services. While the overall growth was certainly interesting, perhaps the bigger news from the report is the share of US GDP derived from healthcare spending increased, a phenomenon typically not seen outside of a recession. "Increases of this magnitude in the health spending share of the overall economy typically occur around periods of economic recession," said the report.

  • Apple asks the government to make it easier to develop self-driving cars Business Insider - 4 hours ago
    Apple asks the government to make it easier to develop self-driving cars

    An Apple official wrote that Apple is "invested" and "excited" about autonomous driving software in a recent letter to the National Highway Traffic Safety Administration. The rest of the comment in response to recently proposed guidelines by the NHTSA is primarily concerned about the regulation and paperwork surrounding vehicles in the development phase before they are publicly released.

  • Tesla will never have to worry about selling cars Business Insider - 4 hours ago
    Tesla will never have to worry about selling cars

    On balance, Consumer Reports appreciated the Model X for its speed and handling, but found things to dislike about some of the vehicle's more complicated aspects. Tesla responded to the review by saying the company has spent almost a year dealing with early Model X production issues -- and noting that Model X owners are overwhelmingly delighted by their vehicles. For the record, Business Insider's Ben Zhang and I were quite impressed by the Model X when we experienced it (briefly) in March.

  • Last chance to get your IGNITION tickets--find out what's next in sports, media, and tech Business Insider - 4 hours ago
    Last chance to get your IGNITION tickets--find out what's next in sports, media, and tech

    From Cleveland's crazy comeback in the NBA Finals to the Chicago Cubs' curse-shattering World Series win, this has been a whirlwind year in sports. To find out, don't miss IGNITION, Business Insider's flagship conference. This year's speakers also include Time Warner's Jeff Bewkes, Bleacher Report's David Finocchio, and YouTube's Neal Mohan.

  • Most garbage floating in the ocean gathers in these 5 giant patches Business Insider - 4 hours ago
    Most garbage floating in the ocean gathers in these 5 giant patches

    Trash from all over the world collects in the world's oceans. Eventually, most of it ends up in one of five known major swirling patches of garbage. These are known as the five gyres.For the past 35 years, National Oceanic and Atmospheric Administration scientists have released buoys into the sea to track ocean current. In this visualisation, they use the data from these buoys to show just how these garbage gyres form. 

  • Here's the diet and workout routine LeBron James uses to stay in insane shape Business Insider - 4 hours ago
    Here's the diet and workout routine LeBron James uses to stay in insane shape

    Unlike the thousands of calories swimmer Michael Phelps eats to train, LeBron James sticks to a pretty healthy diet. The carbs help because you're going out and playing a lot of minutes," James told Business Insider. As for his workout schedule, James says he works out about 5 days a week in the off-season and 7 days per week when basketball starts back up.

  • Here's the futuristic facility where Under Armour creates new athletic apparel Business Insider - 5 hours ago
    Here's the futuristic facility where Under Armour creates new athletic apparel

    Under Armour's innovation lab, the Lighthouse, is a state-of-the art facility to create and test the next generation of athletic products. It will also create new capabilities for faster and more efficient manufacturing. 

  • 'Polls might not be capable of predicting elections': How everyone blew it on Trump's huge … Business Insider - 5 hours ago
    'Polls might not be capable of predicting elections': How everyone blew it on Trump's huge …

    On October 18, Sam Wang thought it was over. Wang, a top election forecaster and professor at Princeton University, had given Democratic nominee Hillary Clinton a 98% to 99% chance of winning in the days leading up to the election. "To state the obvious, this is not random sampling error because it was shared across all pollsters in the same direction.

  • Amazon has an oddly efficient way of storing stuff in its warehouses Business Insider - 5 hours ago
    Amazon has an oddly efficient way of storing stuff in its warehouses

    If you live in one the 27 cities where Amazon offers its Prime Now service, you can have tens of thousands of items delivered to your door in an hour. On a recent visit to Amazon's Manhattan Prime Now location, we got a peek at how it stocks its shelves, and it looks like a total mess.

  • Apple's head of special projects Paul Deneve no longer reports to Tim Cook Business Insider - 5 hours ago
    Apple's head of special projects Paul Deneve no longer reports to Tim Cook

    Apple's head of special projects Paul Deneve no longer sits within the company's top leadership team, meaning he has stopped reporting directly into CEO Tim Cook. Apple blog MacRumors noticed on Friday Deneve had been removed from the executive profiles page on Apple's website. On Saturday, Financial Times reporter Tim Bradshaw tweeted that Apple confirmed Deneve is still with the company, but now reports into COO Jeff Williams, who also oversees Apple Watch and its health initiatives.

  • Don't be afraid to cancel cable -- here's how to watch all of your favourite shows for less than … Business Insider - 6 hours ago
    Don't be afraid to cancel cable -- here's how to watch all of your favourite shows for less than …

    The world offers inexpensive services to meet all of your entertainment needs without cable, and it's easy to set it up as long as you have the right equipment.

  • Here's why people are stubborn and cling to old beliefs Business Insider - 6 hours ago
    Here's why people are stubborn and cling to old beliefs

    Cognitive psychologist and neuroscientist at McGill University, Daniel Levitin, explains why people can be so stubborn when it comes to false beliefs. This behaviour is illogical, Levitin says, and goes against rational thought. Learn more about what Levitin has to say on this topic in his latest book "A Field Guide to Lies: Critical Thinking in the Information Age."

  • And now for a reality check on the future of TV Business Insider - 6 hours ago
    And now for a reality check on the future of TV

    This week, the tech world was hyperventilating over the latest attempt to revolutionise TV with the launch of AT&T's DirecTV Now, a streaming service that delivers live TV over the internet starting at $35 per month. Maybe DirecTV Now is the start of something bold and new, but after testing it for the last few days, it's clear that it simply isn't as good as traditional pay-TV and not even close to fixing the fundamental problems that have caused so many to cut the cord from cable in the first place. Sling TV and PlayStation Vue are two similar services that have the same promise as DirecTV Now, yet still fail to deliver.

  • An exercise scientist reveals the exercise regime that will be burn the most fat Business Insider - 6 hours ago
    An exercise scientist reveals the exercise regime that will be burn the most fat

     Shawn Arent, the director of the Center for Health and Human Performance at Rutgers University and an American College of Sports Medicine Fellow, explains why running isn't enough to lose weight -- even if it is good for you. 

  • Why airlines ask you to raise the window shades for takeoffs and landings Business Insider - 7 hours ago
    Why airlines ask you to raise the window shades for takeoffs and landings

    Ever wonder why aeroplane passengers are asked to lift up their window shades before takeoff and landing? A flight attendant explains why they do this.

  • China has lodged a diplomatic protest following Trump's call with Taiwan's president Business Insider - 7 hours ago
    China has lodged a diplomatic protest following Trump's call with Taiwan's president

    China's foreign ministry lodged a diplomatic complaint on Saturday following US President-elect Donald Trump's 10-minute telephone call with Taiwan President Tsai Ing-wen, Reuters reported. The call on Friday was the first time a US president had spoken directly with Taiwan's leadership in more than 30 years and could strain US-China relations. The US broke formal ties with Taiwan in 1979, taking on a One-China position -- switching diplomatic recognition from Taiwan to China -- as it looked to establish diplomatic channels with Beijing.