Record inflation is roiling Amazon's retail business, adding a jolt to an already volatile post-pandemic business environment. Amazon is seeing steeper margin declines, slower-than-expect demand, and surging employee attrition driven by below-inflation raises. Frustration over…
The cannabis bubble burst, but top execs expect…
The cannabis bubble, propped up by a thriving market for reverse takeovers on the Canadian Securities Exchange, has burst. Business Insider spoke with over a dozen top CEOs and execs about the industry's prospects. They…
Rite Aid skyrockets 50% on blockbuster earnings, biggest…
Reuters/Noah Berger Rite Aid on Thursday reported fiscal third-quarter earnings that handily beat Wall Street's expectations. Shares of the company surged as much as 50% in intraday trading on the news. It marked the biggest…
Meet the people living on San Franciscos historically…
San Francisco's Treasure Island is not perfect. The ground of the island has been found to be contaminated by Cold War-era US Navy operations, it's sinking quickly as sea levels continue to rise, and it's…
China tariffs will still cost US $316 billion…
Joshua Lott/Getty Images With the vast majority of punitive tariffs still in place and uncertainty about what might happen next, the dispute is likely to continue to take a toll on the largest economies. An…
Facebook, Instagram introduce major policy change ahead of…
Facebook and its subsidiary Instagram are going on the offensive ahead of the 2020 United States census, which collects demographic information from hundreds of millions of Americans. The social media giant said it would ban "misleading…
Kevin Garnett and Julia Fox talk about starring…
Though Kevin Garnett and Julia Fox had never starred in a movie before "Uncut Gems," they both were huge scene stealers. Business Insider spoke to both of them about their performances in the Adam Sandler…
Robinhood fined $1.25 million by regulator for how…
Getty Images Trading platform Robinhood was hit with a $1.25 million fine by the Financial Industry Regulatory Authority on Thursday after the agency charged the brokerage with not following "best execution" practices. The regulator found…
UN postal agency mulls opening up to Amazon,…
The Universal Post Union, founded in 1874 as an agency of the United Nations, governs how the world's postal rates are set. Unlike other specialized agencies within the UN, the UPU does not count any…