Sales & Marketing news

• Qantas put fully stocked bar carts from its retired 747s up for sale for more than $1,000, and they're already all sold out

  23-09-2020 21:16 via feedproxy.google.com
  
  Qantas sold off bar carts from its retired 747 jets, packed with copious amounts of wine, snacks, and candy.
  Bai Xuefei/Xinhua/Getty
  Qantas listed bar carts packed with wine, snacks, and candy for just over $1,000 each, and they're all sold out. 
  The carts came off of the Australian airline's Boeing 747s, which it recently retired. 
  With demand for air travel down significantly, many airlines and suppliers have decided to sell excess inventory — like pajamas, meals, and snacks &
  
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• Tesla's network appeared to briefly go down, forcing some frustrated car owners to use physical keys instead of their phones

  23-09-2020 21:14 via feedproxy.google.com
  
  eleks labs
  Tesla's network experienced a brief outage Wednesday, owners said online, affecting their ability to pair their phones with cars. 
  Downdetector shows a surge in reports around 11 a.m. Wednesday. 
  The issues do not affect traditional keys, only the ability for drivers to use their phones as keys. 
  Visit Business Insider's homepage for more stories.
   Tesla's network appeared to suffer an outage on Wednesday morning that left many owners unable to connect to their car
  
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• How to fix a disappearing Dock on a Mac computer in 3 different ways

  23-09-2020 21:13 via feedproxy.google.com
  
  Mac computers offer several ways to address your missing or disappearing Dock issue.
  MacFormat Magazine/Getty Images
  You can fix a disappearing Dock on a Mac computer through a few troubleshooting methods.
  Your Mac Dock keeps a selection of commonly used apps along the bottom edge of your screen for quick access.
  While the Dock is usually visible on the screen, it can disappear with no clear way to get it back. 
  Your Mac's Dock doesn't show up in full screen mode, and it can be set to disa
  
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• JPMorgan to pay a record $1 billion to settle market-manipulation charges, report says

  23-09-2020 21:12 via feedproxy.google.com
  Amr Alfiky/ReutersJPMorgan is set to pay almost $1 billion in settlement fines as US regulators probe the bank for spoofing in precious metals and Treasury markets, Bloomberg reported Wednesday.The payment would resolve probes by the Justice Department, the Commodities Futures Trading Commission, and the Securities and Exchange Commission.The nearly $1 billion sum would be a record for alleged spoofing and more closely resemble past penalties for other forms of market manipulation.Spoofing invol
  
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• Nikola sinks 22%, extending sell-off amid report of potential partnership talks put on hold

  23-09-2020 21:09 via feedproxy.google.com
  CEO and founder of U.S. Nikola Trevor Milton attends a news conference held to presents its new full-electric and hydrogen fuel-cell battery trucks in partnership with U.S. Nikola, at an event in Turin, Italy, December 3, 2019.
  REUTERS/Massimo PincaNikola fell 22% on Wednesday amid a report from The Wall Street Journal that potential partnership talks have been put on hold after weeks of controversy.Shortly after a short-seller report from Hindenburg Research alleged that Nikola was deceptive a
  
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• The best places to buy candles

  23-09-2020 21:08 via feedproxy.google.com
  
  Whether you're looking to set the mood or freshen up the scent of a room, a candle can do the job. And, it makes a great gift.If you think candles are old-fashioned, our favorite candle brands are sure to show you otherwise. Read on to learn more about our favorite candles and where to buy them online. Whether it's the mood lighting or the fresh scents it provides, candles are worthwhile additions to any home.Of course, not all candles are created equal. Nor do they have to be the size of your h
  
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• The toilet on the NASA spaceship slated to fly astronauts to the moon has 'odor control challenges,' according to a top engineer

  23-09-2020 21:06 via feedproxy.google.com
  
  NASA's Universal Waste Management System, displayed with hardware needed for integration on the International Space Station.
  NASA
  NASA plans to use its Orion spacecraft to fly astronauts to the moon.
  But first, engineers have to figure out how to make the capsule's toilet less stinky.
  A model of the toilet is launching to the International Space Station next week, where astronauts will test it out.
  Visit Business Insider's homepage for more stories.
  NASA is actively preparing to send astronauts
  
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• People across the US have relied on KN95 face masks for protection. But the majority imported from China have failed safety standards.

  23-09-2020 21:04 via feedproxy.google.com
  
  A box of N95 surgical face masks on April 03, 2020 in Cardiff, United Kingdom.
  Getty Images/Matthew Horwood
  Around two-thirds of imported respirator masks from China failed to meet safety standards, according to a report from a nonprofit that the safety and quality of healthcare equipment. 
  Researchers tested nearly 200 KN95 style respirators and found they filtered out fewer than 95% of particles, the minimum requirement for US safety certification. 
  Sub-par respirators can offer bet
  
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• Volkswagen made 4 key moves to give the all-electric ID.4 a shot at outselling Tesla — and the gas-powered competition

  23-09-2020 21:03 via feedproxy.google.com
  
  2021 Volkswagen ID.4.
  Volkswagen
  The 2021 Volkswagen ID.4 is the first all-electric car the automaker will offer in the US.
  US buying habits gravitate toward SUVs, so the ID.4 is a small SUV, about the size of a Tiguan.
  The ID.4 is also priced aggressively. It has a starting price of $40,000.
  Visit Business Insider's homepage for more stories.
  Volkswagen wants the all-new 2021 Volkswagen ID.4 to be the electric car for the buyer who just needs a regular car, not a party trick. And it made four
  
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• The best kayaks

  23-09-2020 20:51 via feedproxy.google.com
  
  Kayaking is a great way to spend time on the water, no matter if you prefer just paddling out on a calm lake, riding river rapids, or fishing your favorite spot.Not all kayaks have the same design, with some meant specifically for sea touring and tandem kayaking, while others are inflatable or use internal pedals for movement instead of paddles.We tested over a dozen kayaks from brands like Oru and Dagger to find the best currently available, no matter if you prefer white water, the open sea, or
  
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• TikTok has asked a federal judge to halt President Trump's ban

  23-09-2020 20:39 via feedproxy.google.com
  
  Jim Watson/AFP via Getty Images; Samantha Lee/Business InsiderTikTok is asking a federal judge to issue a preliminary junction to halt President Donald Trump's partial app ban set to take effect this weekend.TikTok filed a request Wednesday afternoon for "preliminary injunctive relief" that would prevent the US government from implementing its ban September 27 on new downloads of the app and software updates for existing users.According to court documents, TikTok is also requesting an expedited
  
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• Elon Musk's big battery plans include another shot at his 'alien dreadnought' factory dream

  23-09-2020 20:39 via feedproxy.google.com
  
  Tesla CEO Elon Musk loves to work with robots.
  Reuters
  Tesla and CEO Elon Musk spent a lot of time talking about a new battery design at the company's much-anticipated "Battery Day" on Tuesday.
  Musk also returned to a longtime preoccupation with reinventing manufacturing, what he calls the "machine the builds the machine."
  In 2016, Musk came up with the catchy term "alien dreadnought" to explain what the factory of the future would look like.
  Despite Tesla's bumpy history with automating its pl
  
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• Drugmakers still haven't started testing their coronavirus vaccines in children, putting kids at the end of the line for a potential shot

  23-09-2020 20:37 via feedproxy.google.com
  
  H1N1 flu vaccinations being given out at Touro University.
  Kim Kulish/Corbis via Getty Images
  Ongoing clinical trials are testing the top coronavirus vaccine candidates only in adults.
  Some experts are worried about the timeline for making a shot available to kids. 
  Moderna expects to start testing its vaccine candidate in kids later this year, if regulators give the Massachusetts biotech the greenlight, Business Insider has learned.
  But few specifics are available on when pediatric trials
  
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• 156 countries joined a major, WHO-led effort to develop and distribute coronavirus vaccines. The US and China aren't among them.

  23-09-2020 20:32 via feedproxy.google.com
  
  U.S. President Donald Trump speaks during his first re-election campaign rally in several months in the midst of the coronavirus disease (COVID-19) outbreak in Tulsa, Oklahoma, U.S., June 20, 2020.
  REUTERS/Leah Millis
  So far, 156 countries have signed on to Covax, a WHO-backed effort to develop and distribute coronavirus vaccines.
  The Trump administration has said the US won't participate, however, and China is also opting out.  
  Health experts are concerned that the US's absence from
  
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• Why insulin is so expensive

  23-09-2020 20:30 via feedproxy.google.com
  
  Colorado became the first state to pass a bill capping the monthly cost of insulin per resident at $100. 
  Type 1 diabetics need insulin to survive. Due to drastic price increases, many diabetics are struggling to afford the lifesaving drug. 
  In the past 15 years, insulin prices have tripled. There are only three manufacturers who make insulin and decide the price for insulin — their prices have risen at the same rates.
  The insulin supply chain, like other pharmaceutical medicati
  
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• How to change Siri's voice or language on your Mac computer in 4 steps

  23-09-2020 20:28 via feedproxy.google.com
  
  It's easy to change Siri's speaking voice on your Mac.
  Hollis Johnson/Business Insider
  To change Siri's voice on your Mac, you'll just need to open the Siri menu in System Preferences.
  The voices available to you will change depending on what language Siri is set to.
  You can change the gender of Siri's voice, as well as its regional accent.
  Visit Business Insider's Tech Reference library for more stories.
  Over time, you may find yourself growing bored of Siri's same old speaking voice. Fortunat
  
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• Amy Coney Barrett previously frowned on judges who could 'dramatically flip the balance of power' on the Supreme Court

  23-09-2020 20:28 via feedproxy.google.com
  
  Judge Amy Coney Barrett
  Rachel Malehorn via AP
  Amy Coney Barrett is on President Donald Trump's shortlist to replace Supreme Court Justice Ruth Bader Ginsburg, who died on Friday.
  However, in February 2016, Barrett expressed concern in a CBS News interview about judges who can alter the ideological direction of the highest court in the land.
  When discussing who would take Justice Antonin Scalia's place, Barrett said that replacing him with "someone who could dramatically flip the balance of pow
  
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• The 52 worst movies made by iconic directors — from Spielberg to Scorsese

  23-09-2020 20:19 via feedproxy.google.com
  
  "Gemini Man"
  Paramount
  Even some of the best, most iconic directors have made at least one critically reviled film.
  We turned to Rotten Tomatoes to find the worst reviewed movies of 52 acclaimed filmmakers.
  Visit Business Insider's homepage for more stories.
  Most of the greatest film directors in history have swung and missed on occasion. Francis Ford Coppola, Steven Spielberg, and numerous other critically acclaimed directors have directed at least one movie that critics tore apart. 
  
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• People are calling for a boycott of Wells Fargo after CEO blames 'very limited pool of Black talent' for the bank's trouble hitting its diverse hiring goals

  23-09-2020 20:14 via feedproxy.google.com
  
  Charlie Scharf, the chief executive of Wells Fargo, was appointed to his post in late 2019.
  Alex Wroblewski/Getty Images
  A call to boycott Wells Fargo is trending on Twitter in the wake of news that the bank's CEO claimed that efforts to hire minority talent were stymied by a "very limited pool of black talent to recruit from."
  He made similar a remark during a Zoom call over the summer, which bothered some employees at the bank, according to Reuters. 
  Lawmakers like Rep. Alexandria Ocasio
  
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• Russian opposition leader Alexei Navalny mocked Putin for suggesting that he poisoned himself

  23-09-2020 20:08 via feedproxy.google.com
  
  Russian opposition politician Alexei Navalny takes part in a rally to mark the 5th anniversary of opposition politician Boris Nemtsov's murder and to protest against proposed amendments to the country's constitution, in Moscow
  Reuters
  Russian opposition leader Alexei Navalny mocked Russian President Vladimir Putin for reportedly suggesting that he poisoned himself.
  "Good version. I believe that it deserves the most careful study. Cooked 'Novichok' in the kitchen. Took a small sip from my flask
  
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• The best deals and sales happening on Amazon right now⁠⁠ — save $30 on the newest iPad

  23-09-2020 20:03 via feedproxy.google.com
  
  When you buy through our links, we may earn money from our affiliate partners. Learn more.Alyssa Powell/Business InsiderTable of Contents: Masthead StickyAmazon regularly changes prices on its products. We'll update this list regularly with the new discounts as they crop up.Highlights include discounts on select Instant Pot pressure cookers and Apple headphones.Visit Insider Reviews' deals page for more sales.Amazon's dynamic pricing strategy can make shopping tricky for the average consume
  
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• Cruise lines are willing to follow 74 'best practices' to sail again, including mandating passengers wear masks and get tested 1 to 5 days before departure

  23-09-2020 20:02 via feedproxy.google.com
  
  The Royal Caribbean Freedom of the Seas docked in Miami in 2008.
  Lynne Sladky/AP
  The 65-page report outlines what cruise lines are willing to do in order to set sail again, including requiring proof of a negative coronavirus test and masks being required on board.
  Most cruise lines are headquartered elsewhere in the world, which means they did not receive any government bailout funds. 
  The CDC has until Monday to comment on the report. 
  Visit Business Insider's homepage for more stori
  
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• This brand-new $56 million Bombardier Global 6500 private jet can fly 6,600 nautical miles and is now for sale – see inside

  23-09-2020 19:59 via feedproxy.google.com
  
  A Bombardier Global 6500 private jet.
  Thomas Pallini/Business Insider
  Aircraft sales firm Jetcraft just took delivery of a brand-new Bombardier Global 6500 aircraft and is looking to re-sell it.
  The Global 6500 is one of Bombardier's newest planes having entered service in September 2019 and is an upgrade to the popular Global 6000.
  New Rolls-Royce engines and re-designed wings give the jet an additional 600 miles of range and increased efficiency. 
  Visit Business Insider's homepage for mo
  
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• Sweden's coronavirus deaths have dropped dramatically, but that doesn't mean its herd-immunity strategy worked, experts say

  23-09-2020 19:51 via feedproxy.google.com
  
  A woman wears a face mask as she waits at a bus stop on June 26, 2020 in Stockholm, Sweden.
  Stina St Jernkvist/TT News Agency/AFP via Getty Images
  Sweden's rate of coronavirus deaths per capita was among the highest in the world in May.
  Many experts attributed this to the country's decision to avoid a full lockdown and either deliberately or inadvertently pursue herd immunity.
  Sweden's deaths and ICU admissions have declined considerably since June, likely due to protections for nursing-home re
  
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• We've tested almost every Leesa mattress. Here's what you can expect from each, and what to consider before buying.

  23-09-2020 19:36 via feedproxy.google.com
  
  When you buy through our links, we may earn money from our affiliate partners. Learn more.LeesaLeesa makes some of our top-ranked mattresses for many different types of sleepers.We've tested nearly all of its mattresses as well as many of its sleep accessories since we started covering the brand in 2016.We recently finished testing the Leesa Studio and are currently in the process of testing the Leesa Legend.Here are all of our existing Leesa product reviews plus helpful guides on the best mattr
  
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• Trump said Jews are 'only in it for themselves' and 'stick together,' according to a new report

  23-09-2020 19:34 via feedproxy.google.com
  
  President Donald Trump speaks to members of the press prior to his departure from the White House on September 19, 2020 in Washington, DC.
  Getty Images/Sarah Silbiger
  President Donald Trump reportedly said that Jews "are only in it for themselves" and "stick together" after a call with Jewish lawmakers. 
  The president privately made the comments to senior officials in his administration, according to a report from The Washington Post.
  Visit Business Insider's homepage for more stories.
  &nb
  
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• Trump may have chosen a Supreme Court justice over the stock market

  23-09-2020 19:34 via feedproxy.google.com
  
  Trump points at former Secretary of the Interior Ryan Zinke
  Nicholas Kamm/AFP via Getty Images
  It looks like the fight over Supreme Court Justice Ruth Bader Ginsberg's seat has sunk negotiations between Democrats and Republicans for another coronavirus aid bill.
  That means Trump may have just unwittingly chosen a Supreme Court seat over the US economy and the stock market.
  The market had been selling off for weeks as hopes for a bill declined. And in the days since Justice Ginsberg passed, it t
  
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• 'Amazon Rooms' designed to store and decontaminate packages are the new amenity reportedly being requested by the wealthy in Hollywood

  23-09-2020 19:31 via feedproxy.google.com
  
  Reuters
  A new trend called "Amazon Rooms," a dedicated room to store and decontaminate packages after they arrive, is catching on among the wealthy in Hollywood, according to The Hollywood Reporter.
  The CDC does not have explicit guidelines regarding sanitizing and disinfecting mail, but does encourage hand washing after handling any deliveries.
  Overall, amenities like home offices, gyms, and pools have been gaining popularity as well.
  Visit Business Insider's homepage for more stories.
  As in-pe
  
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• Wells Fargo's CEO apologized for blaming the company's lack of diversity on 'a very limited pool of Black talent.' Here's why that attitude is pervasive and harmful to workers.

  23-09-2020 19:24 via feedproxy.google.com
  
  Charles Scharf, CEO of Wells Fargo, issued an apology Wednesday for problematic comments about hiring Black employees.
  Reuters
  Wells Fargo CEO and president Charles Scharf issued a public apology Wednesday following a report by Reuters citing racially insensitive comments made by the executive. 
  Scharf said that the bank had trouble reaching its diversity goals because there was not enough qualified minority talent, according to Reuters.
  It's important to discuss why that argument is false
  
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• Echelon's CEO speaks out on the Amazon 'Prime Bike' confusion, saying it was a 'complete surprise' that Amazon distanced itself from the $500 equipment

  23-09-2020 19:20 via feedproxy.google.com
  
  Echelon via Amazon
  Echelon CEO Lou Lentine told Business Insider that it was a "complete surprise" to hear that Amazon was not on board with the company's new $500 "Prime Bike."
  Echelon announced the new bike on Tuesday and said it was developed "in collaboration with Amazon." Hours later, Amazon canceled all sales and released a statement saying, "This bike is not an Amazon product or related to Amazon Prime."
  Echelon has agreed to rebrand the bike.
  Lentine said he had been working with Amazon
  
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• Why we still can't upload our brains to the cloud

  23-09-2020 19:15 via feedproxy.google.com
  
  As long as people have been alive, they've wanted to stay alive.But unlike finding the fountain of youth or becoming a vampire, uploading your brain to a computer might actually be possible.Theoretically, we already know how to do it. Technically, we have a long way to go.We explain the main technological advancements that we'll need to make whole brain emulation a reality.Visit Business Insider's homepage for more stories.
  Following is a transcript of the video.Narrator: In the "Black Mirror"
  
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• The father-son billionaires behind online used-car seller Carvana saw their fortunes soar $5 billion in a day as the company projects record profits

  23-09-2020 19:11 via feedproxy.google.com
  
  Ernest Garcia III is the CEO of Carvana.
  Brendan McDermid/Reuters
  Ernie Garcia II and Ernest Garcia III, the father-son team behind online used-vehicle sales platform Carvana, saw $5 billion added to their net worths on Tuesday as the company posted record profits.
  The coronavirus pandemic put used cars in high demand as Americans seek to avoid public transit, Piper Sandler analyst Alexander Potter wrote Tuesday, per Bloomberg. The trend helped Carvana shares rise nearly 140% from the start of
  
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• Coronavirus fallout has erased $3.5 trillion in workforce income, UN agency says

  23-09-2020 19:09 via feedproxy.google.com
  
  Octavio Jones/Getty Images
  A new report from the International Labour Organization details worse-than-expected damage in the global labor market and forecasts pain lasting through the fourth-quarter of 2020.
  The United Nations agency expects working-hour losses to remain elevated through the third quarter at 12.1%, or 345 million full-time-equivalent jobs.
  Global labor income is expected to shrink over the first three quarters of 2020 by 10.7%, or $3.5 trillion, the ILO added.
  The bulk of the fa
  
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• The rally in US tech stocks is 'nothing close' to the dot-com bubble, DataTrek says

  23-09-2020 19:08 via feedproxy.google.com
  Spencer Platt/Getty ImagesUS technology stocks have staged a historic rally since the stock market bottomed on March 23.But the outperformance of US tech stocks relative to the S&P 500 in 2020 pales in comparison to the 2000 dot-com bubble, DataTrek said in a note on Wednesday. Instead, the tech rally today is closer to tech rallies seen in 2003 and 2009, according to performance data cited by DataTrek. At best, tech stocks have "enough room to continue to lead," but at worst will likely be
  
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• 'You are not listening': Fauci tells Rand Paul that he is 'alone' in vouching for herd immunity over coronavirus lockdowns

  23-09-2020 19:03 via feedproxy.google.com
  
  Sen. Rand Paul, R-Ky. and Dr. Anthony Fauci.
  GRAEME JENNINGS/POOL/AFP via Getty Images
  Sen. Rand Paul, R-Ky. and Dr. Anthony Fauci had a tense exchange on Capitol Hill on Wednesday.
  During a Senate hearing on the nation's coronavirus response, Paul tried to argue that the same number of Americans would've died of COVID-19 even if states hadn't enforced any shutdown measures. The US death toll has crossed 201,000.
  In particular, Paul claimed lockdowns do not work because New York City had the na
  
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• iPhone users are creating custom app icons in iOS 14 to mimic everything from older iPhones to video games — here's how to do it

  23-09-2020 18:59 via feedproxy.google.com
  
  iOS 14 icons.
  Mary Meisenzahl
  Apple just released iOS 14, the newest software update for iPhones.
  Users are using widgets and app icons to customize home screens.
  On social media, people show off detailed phone screen designs.
  Visit Business Insider's homepage for more stories.
  Apple just released iOS 14, with some major updates to home screen organization, plus all kinds of improvements to Messages, Siri, and more.The new customization options have been well-received by iPhone users.
  
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• A definitive list of the 12 richest tech billionaires in the world, who have a collective net worth of more than $990 billion

  23-09-2020 18:56 via feedproxy.google.com
  
  Amazon CEO Jeff Bezos.
  Getty
  The 12 richest tech billionaires in the world have a collective net worth of more than $990 billion.
  At the top of the list sits Jeff Bezos — Amazon CEO, owner of the Washington Post, and richest man in the world.
  Meet the tech tycoons, as ranked by their net worths sourced from the Bloomberg Billionaires Index. 
  Visit Business Insider's homepage for more stories.12. Michael Dell
  Michael Dell.
  REUTERS/Brendan McDermidNet worth: $36.8 billionAge: 55So
  
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• Trump aides didn't tell him about RBG's death during Minnesota rally because they were afraid his supporters might cheer

  23-09-2020 18:51 via feedproxy.google.com
  
  President Donald Trump reacts to the crowd at the start of a campaign event at the Bemidji Regional Airport in Bemidji, Minnesota, September 18, 2020.
  Tom Brenner/Reuters
  President Donald Trump's aides refrained from informing him about Ruth Bader Ginsburg's death while he was onstage during a rally on Friday night because they were afraid the crowd would cheer if he announced it, according to the New York Times.
  At subsequent rallies, Trump's supporters have chanted: "Fill that seat!"
  Trump in
  
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• Read the letter one of Belgium's top virologists sent his children on how they can safely get on with their lives

  23-09-2020 18:50 via feedproxy.google.com
  
  Guido Vanham and his son Peter Vanham.
  Peter Vanham
  Peter Vanham lives in Geneva, Switzerland and is the head of the International Media Council at the World Economic Forum and a member of its COVID-19 Taskforce. 
  His father, Guido Vanham, is a Belgium-based virologist, a microbiologist who studies the rapid spreading of viruses. 
  Guido Vanham sent a letter to his three children with tips for how to combat 'fatigue' from following COVID-19 restrictions and for how to stay safe as area
  
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• Fed Vice-Chair Clarida says central bank won't raise interest rates from near-zero until it sees 2% inflation for months

  23-09-2020 18:50 via feedproxy.google.com
  Dominik Bindl/Getty ImagesFederal Reserve Vice Chairman Richard Clarida told Bloomberg on Wednesday that the central bank will not raise interest rates until it sees 2% inflation for at least a few months and full employment is reached. "We're not going to even begin to think about lifting off," until then, said Clarida. He added that he is projecting a "pretty impressive return" to very low unemployment in the US within three years. Visit Business Insider's homepage for more stories.F
  
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• The best headphone deals — save $30 on Apple's AirPods Pro true wireless earbuds

  23-09-2020 18:45 via feedproxy.google.com
  
  When you buy through our links, we may earn money from our affiliate partners. Learn more.Crystal Cox/Business InsiderGood-quality headphones can be expensive, but they often go on sale.We've rounded up the best headphone deals for September 2020.We'll update this list regularly with the top deals.Right now, the Apple AirPods Pro are on sale for $219 at Amazon — that's $30 off their regular price.A great pair of headphones can change the way you listen to music. Sure, the random earbuds th
  
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• Alexandria Ocasio-Cortez slams Wells Fargo CEO for blaming 'very limited pool of Black talent' for the bank's trouble hitting its diverse hiring goals

  23-09-2020 18:43 via feedproxy.google.com
  
  Alexandria Ocasio-Cortezspeaks during the Climate Crisis Summit in Iowa in November 2019.
  Stephen Maturen/Getty Images
  In a June memo, Wells Fargo CEO Charlie Scharf wrote that efforts to recruit minority talent were stymied by a "very limited pool of black talent to recruit from," Reuters reported Tuesday.
  He made similar a remark during a Zoom call over the summer, which bothered some employees at the bank, according to Reuters. 
  Rep. Alexandria Ocasio-Cortez (D-NY) clapped back, tweetin
  
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• The Trump campaign is reportedly planning a way to bypass the 2020 election results in key swing states

  23-09-2020 18:35 via feedproxy.google.com
  
  Voters cast their ballots in Detroit during Michigan's primary election on March 10.
  Photo by JEFF KOWALSKY/AFP via Getty Images
  The Trump campaign is weighing a postelection strategy that would bypass the results in key swing states by installing electors who would vote for the president in the Electoral College even if he loses, according to a report by The Atlantic.
  Election experts have said that moves by state legislatures to appoint their own slate of presidential electors after the fact
  
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• 'Lofty goals and grandiose projections': Here's what 6 analysts had to say about Tesla's Battery Day

  23-09-2020 18:35 via feedproxy.google.com
  ReutersTesla on Tuesday held its highly anticipated Battery Day event, where it showed off advancements and innovations in its battery technology that it plans to incorporate into its electric-vehicle fleet.A highlight of the event included Tesla's plans to manufacture its own battery cells to help expand battery capacity to support the production of 20 million vehicles per year in the long term.Here's what six analysts had to say about Tesla's Battery Day event.Visit Business Insider's homepage
  
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• Black Americans' rocky relationship with banks can be traced back to an institution that promised wealth but collapsed after just 9 years

  23-09-2020 18:32 via feedproxy.google.com
  
  A bank book from the Freedman's Savings and Trust Company.
  Office of the Comptroller of the Currency
  When the enslaved population was first freed, the Freedman's Bank was established to provide a savings and wealth-building tool.
  But just nine years after it opened, the bank collapsed thanks to risky investments and mismanagement by the bank's all-white, all-male board. Black bank customers lost millions in deposits.
  I know from my own family's history that the Freedman's Bank collapse is to fi
  
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• What are the FinCEN files? Here's what to know about the leaked documents tying Wall Street banks to possible money laundering.

  23-09-2020 18:31 via feedproxy.google.com
  
  Treasury Secretary Steven Mnuchin testifies before Senate Finance Committee
  Reuters
  BuzzFeed News and dozens of other newsrooms have published a massive trove of documents known as the "FinCEN Files," named after the US Treasury Department's Financial Crimes Enforcement Network headquartered in Washington D.C.
  The data dump contains thousands of "suspicious activity reports," or SARs, that banks file to FinCEN when they suspect potentially criminal activity. 
  However, the files reportedly
  
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• Tesla sinks 10% after Battery Day falls short of hopes and endangers high-flying valuation

  23-09-2020 18:25 via feedproxy.google.com
  Tesla CEO Elon Musk.
  TeslaTesla shares slid as much as 9.7% on Wednesday after the automaker's Battery Day event on Tuesday missed expectations and led some to question the company's lofty stock price.CEO Elon Musk unveiled new manufacturing processes designed to slash Tesla's battery costs and allow for the production of a $25,000 electric car in the next three years.But the event lacked any news of the million-mile battery "widely expected" by Wall Street and Tesla shareholders, the Wedbush a
  
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• The best trail running shoes

  23-09-2020 18:20 via feedproxy.google.com
  
  Trail running shoes keep your feet protected against rocks, roots, and the ever-changing terrain you'll find on backwoods jogs. Depending on the style of trail running you prefer, there are pairs perfect for racing, for keeping your feet dry in a downpour, and those that are designed to function on pavement as well as they are on the trail. Our top pick, the Salomon Sense Ride 3, is an impressive all-around, neutral trail shoe that fits like a glove and is built to last.Trail running shoes
  
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• Don't fear the VIX. Volatility is here to stay for now, and that's no bad thing.

  23-09-2020 18:17 via feedproxy.google.com
  Stephanie Keith/Getty
  The Cboe Volatility Index — or VIX, which is commonly referred to as the stock market's fear gauge — is trading at fairly elevated levels and suggests more volatility for months to come, regardless of the outcome of the November election.
  The index can take months, or even years, to return to more average levels following a crisis, according to DataTrek data going back 30 years.
  Goldman Sachs says volatility is on average 25% higher in October, but there is no e
  
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• Social media platforms step up to the mark

  23-09-2020 13:34
  
  Facebook, YouTube and Twitter have agreed to adopt a common set of definitions for hate speech and other harmful content and to collaborate with a view to monitoring industry efforts to improve.
  
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