Neil Gorsuch, the 10th Circuit judge nominated by President Donald Trump to fill the vacant seat on the US Supreme Court, is widely expected to favor big business should he be confirmed by the Senate.
"The [Chief Justice John] Roberts court has been the most pro-business Supreme Court in the history of the court," Michael Burg, founder of the Denver-based law firm Burg, Simpson, Eldredge, Hersh & Jardine, told Business Insider.
"When I look at Judge Gorsuch, do I think he
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'You saw this pick cheered among the business community': What Neil Gorsuch's Supreme Court nod could mean for the business world
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It's too early to start thinking of Tesla as more than just a car company (TSLA)
Last week, Tesla officially changed its corporate name from "Tesla Motors" to "Tesla, Inc." Last year, Tesla had already dropped the "Motors" from its website address, and ahead of reporting fourth-quarter and full-year 2016 earnings, the company had to alert the Securities and Exchange Commission of the new identity.
Tesla's financial reporting in 2017 is about to become more complicated: beyond the car business, there's also a burgeoning Tesla Energy business and a new solar business, through -
This chart should terrify stock pickers everywhere
Passive investing is set to overtake active management in US market share in just four to seven years.
That's according to Moody's Investor Services, which said in a report released February 2 that passively managed funds will have more in assets than active funds by 2024 at the latest.Passive investments, including ETFs and index funds, currently account for $6 trillion of assets globally, and 28.5% of assets under management in the US.
A combination of trends, including lackluster ac -
A trader psychologist who consulted on Showtime's 'Billions' reveals the biggest mistake traders make
Denise Shull is a decision coach and performance architect who consulted on Showtime’s BILLIONS for the Wendy Rhodes character, the in-house psychotherapist for Axelrod hedge fund.
A former trader, Shull graduated from Harvard Kennedy’s executive program in “Investment Decisions and Behavioral Finance” and holds a Masters in neuroscience from the University of Chicago. Her thesis research, “The Neurobiology of Freud’s Repetition Com -
'Split' continues to dominate at the box office
Another unimpressive crop of new releases showed up at the multiplex this weekend, so it's no surprise to folks in the industry to see that M. Night Shyamalan's latest low budget box office hit, "Split," is atop the box office once again.
Marking the third consecutive weekend the James McAvoy split personality thriller sitting at number one, the movie took in an estimated $14.6 million this weekend, according to Deadline. That gives"Split" a domestic total of $98.7 million.
Not since Shyam -
Susan Buffett reveals the surprising way she found out that her dad, Warren Buffett, was rich
Susan Buffett didn't find out her father, billionaire Warren Buffett, was rich until her early 20s, and she definitely didn't hear it from her parents.
"I didn’t really have any idea about any money until I was long out of high school and out of Omaha," Susan recently told Business Insider.
"There was an article in the Wall Street Journal at one point when I was probably about 22 or 23, I'd say. That was the first time I was like, 'Oh, there's more going on than I knew about!'"
The founder -
The president of the New York Stock Exchange talks history, technology, and simplifying trading
Tom Farley has a keen sense of history.
When we meet on January 26, the president of the New York Stock Exchange is keen to show off the renovation of NYSE's sixth floor, complete with a new conference space named after Muriel Siebert, the first woman to own a seat on the exchange. In another room hanging on the wall there are letters from Thomas Edison and the Bell Telephone Company, dated 1882 and 1878, respectively.
The seventh floor, where renovation work is still being done, smells of wood -
One of the most powerful women on Wall Street on dollar strength, bond volatility and how investors can protect themselves
Business Insider recently caught up with Rebecca Patterson, the chief investment officer of Bessemer Trust, to hear about her outlook for the global economy in 2017.
Bessemer Trust, a multifamily office, oversees more than $100 billion in assets.
Patterson was the former Chief Markets Strategist for JPMorgan Asset Management and former Global Head of Foreign Exchange and Commodities for the JPMorgan Private Bank. She started her career in journalism as a reporter for Dow Jon -
Trump wants to renegotiate NAFTA — here's what you need to know
It was an issue that united Bernie Sanders on the left and Donald Trump on the right: opposition to the North American Free Trade Agreement (NAFTA).
It's one reason Trump won the White House, amid populist calls for protectionism. Many blue-collar workers in traditionally manufacturing-heavy states like Michigan blamed the trade deal for job losses, declining wages, and companies shifting manufacturing to Mexico.
President Trump, in particular, made the debate over free trade one of the central -
The rise of Snapchat from a sexting app by Stanford frat bros to a $3 billion IPO
Snapchat's beginning sounds a lot like Facebook's from "The Social Network."
In Snapchat's case, it wasn't two ousted cofounders (the Winklevoss twins) against Mark Zuckerberg. But still, it featured the backdrop of an elite university — Stanford versus Harvard — and ended up in litigation, with Snapchat cofounders Evan Spiegel and Bobby Murphy against Reggie Brown.
At stake was the founding story of a social network to make photos disappear. Snapchat's founders ended -
Apple and Facebook are having dramatically different impacts on the performance of the tech sector (AAPL, FB)
When it comes to the tech sector, two companies stand out in the crowd — Apple and Facebook.
Unsurprisingly, these two titans have a huge impact on the sector's earnings growth.
Apple is expected to be the largest detractor to the sector, while Facebook is expected to be the largest contributor, according to a blog post by FactSet Insight's John Butters on Tuesday.
The current mean earnings per share (EPS) estimate for Apple for the calendar fourth quarter is $3.22, co -
A partner at $20 billion investment firm Tiger Global has left
A partner at billionaire Chase Coleman's Tiger Global has left the New York investment firm.
Neeraj Chandra, who worked at the fund for the past 13 years, left this week, according to people familiar with the matter.
Chandra joined in 2004 and previously worked at Goldman Sachs, according to a LinkedIn profile.
Chandra didn't immediately respond to a request for comment.
Tiger Global Management invests in private and public markets and manages about $20 billion firmwide.&nb
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