Sanctions have blocked Alisher Usmanov from paying workers renovating his villas in Germany, NYT reports. The Russian oligarch owes local contractors around $1 million, a craftsman told the outlet. Usmanov is currently ranked the fifth richest…
WeWork tenants warned about phone booths with formaldehyde…
WeWork informed tenants Monday morning that it was removing thousands of phone booths from its offices because of "potentially elevated levels of formaldehyde." But leaked emails obtained by Business Insider show that tenants complained about…
Inside Bustle Digital Group: staff cuts, diversity concerns,…
Bustle Digital Group, a digital media conglomerate that has purchased Mic, Inverse, Gawker, and Nylon in the past year, has undergone stealth staff cuts, according to 24 former and current employees who spoke to Business…
The Trump administration says more China tariffs could…
AP President Donald Trump was swift to assert that the US had made "very substantial" progress on trade with China last week. But American businesses and investors saw little refuge ahead from a 19-month tariff…
Traders are pulling more money out of stocks…
Associated Press Investors pulled roughly $60 billion from stock funds in the third quarter, marking the largest equity outflow since 2009, according to Morningstar data cited by the Wall Street Journal. The trend follows summer…
The number of unprofitable companies going public has…
Peter Macdiarmid/Getty Images The number of unprofitable companies going public has surged to "tech bubble levels," according to Bank of America Merrill Lynch. The firm's strategists say the percentage of companies going public that have…
Taika Waititi on Oscar contender Jojo Rabbit origins,…
Taika Waititi spoke with Business Insider about his acclaimed Nazi satire, "Jojo Rabbit." Waititi wrote and directed the movie, and also stars as an imaginary Adolf Hitler who the main character talks to. Waititi said…
China is reportedly not ready to sign a…
Reuters/Carlos Barria Chinese officials would like to hold further talks with the US before the preliminary agreement the Trump administration touted on Friday is finalized, according to Bloomberg. Treasury Secretary Steve Mnuchin confirmed early Monday that…
Queens Speech: Boris Johnsons relations with Palace hits…
Queen Elizabeth II on Monday lunchtime delivered a "Queen's Speech" in the Houses of Parliament, setting out a new legislative programme for Boris Johnson's government. The speech was highly controversial as such speeches normally take…