Sales & Marketing news

• Warren Buffett's Berkshire Hathaway scores $1.5 billion gain on GM stock in under 4 months

  14-01-2021 10:41 via feedproxy.google.com
  Warren Buffett
  Getty Images / Michael BucknerWarren Buffett's Berkshire Hathaway has likely scored a 65% gain on its General Motors bet in under four months.The billionaire investor's conglomerate backed the automaker in 2012 and grew its stake to 80 million shares worth $2.4 billion at the end of September.GM stock has soared by about two-thirds to a record high since then, increasing the value of Berkshire's stake to about $3.9 billion.The auto giant's shares have rallied strongly due to exci
  
  Read more

• Trump told aides not to pay his personal lawyer Rudy Giuliani because he's upset with him

  14-01-2021 08:52 via feedproxy.google.com
  
  Rudy Giuliani and Donald Trump together in November 2016.
  Drew Angerer/Getty Images
  President Donald Trump told aides not to pay Rudy Giuliani because he's upset with him, The Washington Post reported and The New York Times confirmed.
  Trump feels that allies didn't stand up for him as Congress moved forward to impeach him for the second time. 
  He also feels like he wasn't defended after he incited a mob that broke into and ransacked the Capitol, resulting in five deaths.
  Visit Business Ins
  
  Read more

• 'Stop the Steal' organizer Ali Alexander says 3 GOP congressmen helped him plan the rally that preceded the storming of the Capitol

  14-01-2021 07:25 via feedproxy.google.com
  
  A pro-Trump mob is seen after breaching the Capitol building on Wednesday.
  John Minchillo/AP
  The organizer behind the rally that preceded the siege of the Capitol said three GOP congressman, Reps. Andy Biggs, Mo Brooks, and Paul Gosar helped him plan last week's event. 
  Biggs and Brooks denied helping Ali Alexander, and a spokesperson for Gosar declined a request for comment. 
  "We four schemed up of putting maximum pressure on Congress while they were voting," Alexander said.
  Visit Bu
  
  Read more

• Prosecutors are looking to modify Kyle Rittenhouse's bail conditions after the Kenosha shooter flashed white power signs and was spotted out with Proud Boys

  14-01-2021 06:10 via feedproxy.google.com
  
  Kyle Rittenhouse sits while listening during an extradition hearing in Lake County court Friday, Oct. 30, 2020, in Waukegan, Ill. Rittenhouse is accused of killing two protesters days after Jacob Blake was shot by police in Kenosha, Wis.
  AP Photo/Nam Y. Huh, Pool
  Kenosha County prosecutors filed a motion Wednesday seeking to modify Kyle Rittenhouse's bail conditions.
  The move comes after Rittenhouse, 18, was spotted at a bar after posting $2 million bail in November.
  According to prosecutors, R
  
  Read more

• Advertisement

• Fueled by the US Capitol siege, violent extremists with 'political grievances' will likely pose the 'greatest domestic terrorism threats in 2021,' intelligence report says

  14-01-2021 05:09 via feedproxy.google.com
  
  In this Jan. 6, 2021 photo, Trump supporters try to break through a police barrier at the Capitol in Washington.
  AP Photo/Julio Cortez, File
  In a report released in the wake of the violent siege on the US Capitol, US intelligence agencies warned that violent extremists with "political grievances" are likely to pose the "greatest domestic terrorism threats in 2021."
  The report said the Capitol siege is viewed as a success by some extremists and will likely inspire more violence, particularly aga
  
  Read more

• Parler claims it was also dropped by Slack after Amazon and other tech giants cut ties with the controversial social media company

  14-01-2021 05:07 via feedproxy.google.com
  
  This illustration picture shows social media application logo from Parler displayed on a smartphone with its website in the background.
  OLIVIER DOULIERY/AFP via Getty Images
  Parler CEO John Matze claimed in a court filing Wednesday that Slack had "canceled their services" to his company.
  Matze claimed, in a lawsuit against Amazon's AWS over its decision to cut ties with Parler, that Slack had cited "a violation of their own terms of service based on AWS's decision to drop Parler."
  "Losing Slack
  
  Read more

• National Guard asks people to please stop trying to give it donations, after photos of National Guardsmen sleeping on the floor of the Capitol spread on social media

  14-01-2021 05:00 via feedproxy.google.com
  
  UNITED STATES - JANUARY 13: A member of the National Guard reads Atlas Shrugged in the Capitol Visitor Center as the House debates an article of impeachment against President Donald Trump on Wednesday, January 13, 2021.
  Tom Williams/CQ-Roll Call, Inc via Getty Images
  The National Guard said Wednesday that it is not capable of accepting donations.
  The statement came after some were moved to donate after seeing photos of National Guard members sleeping on the floor of the US Capitol.
  The National
  
  Read more

• A custodial account is a financial account that parents manage in their child's name - a tool to transfer and build wealth that can invest in almost any asset

  14-01-2021 04:53 via feedproxy.google.com
  
  Custodial accounts are easy to set up and administer.However, contributions to them are irrevocable, and parents ultimately must give control of them to children.
  Image Source/Getty Images
  A custodial account is an investment account in a minor child's name that's managed by an adult.
  Custodial accounts are cheaper, more manageable, and less restricted than trusts or specialized education accounts.
  A custodial account irrevocably passes to the child when they come of adult age.
  Visit Business I
  
  Read more

• Advertisement

• Biden urged the Senate to focus on the needs of the country as they move forward with Trump's impeachment proceedings

  14-01-2021 04:52 via feedproxy.google.com
  
  "Too many of our fellow Americans have suffered for too long over the past year to delay this urgent work," Biden said in a statement on Wednesday.
  Joe Raedle/Getty Images
  President-elect Biden urged the Senate to also focus on other issues including pandemic relief as they get ready to hold impeachment proceedings. 
  President Donald Trump was impeached on the House on Wednesday. 
  This is the second time Trump is impeached, this time for "incitement of insurrection." 
  Visit Busin
  
  Read more

• Trump disavows 'political violence' at 'the incursion of the US Capitol' in new video released by White House, but does not concede

  14-01-2021 04:42 via feedproxy.google.com
  
  President Donald Trump
  The White House
  In pretaped remarks from the Oval Office, President Donald Trump made another attempt to condemn the violence from the deadly insurrection he incited on January 6.
  Trump described the event as "the incursion of the US Capitol," and used more stern language than before in calling out those involved.
  "No true supporter of mine could ever endorse political violence," Trump said. "No true supporter of mine could ever disrespect law enforcement or our great Ame
  
  Read more

• 30% of Republicans have 'favorable' view of QAnon conspiracy theory, YouGov poll finds

  14-01-2021 04:39 via feedproxy.google.com
  
  A Donald Trump supporter holding a QAnon flag visits Mount Rushmore National Monument on July 01, 2020 in Keystone, South Dakota.
  Photo by Scott Olson/Getty Images
  A YouGov survey of 1,500 US citizens found that 30% of self-identified Republicans have a favorable view of "QAnon."
  QAnon is a baseless far-right conspiracy theory that claims President Donald Trump is secretly fighting a "deep state" cabal of satanic pedophiles and cannibals.
  A December NPR/Ipsos survey found that 23% of Republican
  
  Read more

• House Republicans scoff at new security measures in place at the US Capitol less than a week after Trump provoked a violent insurrection

  14-01-2021 04:36 via feedproxy.google.com
  
  Rep. Lauren Boebert, R-Colo., center, smiles after joining other freshman Republican House members for a group photo at the Capitol in Washington, Monday, Jan. 4, 2021.
  J. Scott Applewhite/AP Photo
  A number of House Republicans sparred with Capitol police Tuesday over new security measures that were implemented in the wake of the Capitol siege on January 6.
  Reporters at the Capitol building saw GOP lawmakers — including Reps. Lauren Boebert, Louie Gohmert, and Steve Scalise — scoffi
  
  Read more

• New York retail pharmacies will begin administering coronavirus doses on Thursday, kicking off a wider vaccine rollout across states

  14-01-2021 04:23 via feedproxy.google.com
  
  Sonia Rojas, a pharmacy technician, works in the P & P Pharmacy on December 22, 2020 in Miami, Florida.
  Joe Raedle/Getty Images
  Starting last week, US officials began allowing states to transfer coronavirus vaccine from hospitals to local retail pharmacies to speed up immunizations.
  At least one state, New York, will begin administering those transferred doses to elderly Americans on Thursday.
  The immunizations mark the beginning of a much wider vaccine rollout in pharmacies across the US.
  
  Read more

• We just got some promising early data that shows a one-shot coronavirus vaccine could help protect people from COVID-19

  14-01-2021 04:19 via feedproxy.google.com
  
  A clinical trial volunteer participates in Johnson & Johnson's study to test a coronavirus vaccine candidate
  Janssen
  Johnson & Johnson's coronavirus vaccine generates a promising immune response.
  It's still not clear if the shot can prevent COVID-19, or how it will compare to rival vaccinations.
  The drugmaker is set to publish data within weeks that should provide more definitive information about the protection the vaccine provides.
  Visit Business Insider's homepage for more stories.
  J
  
  Read more

• Andrew Yang formally announces New York City mayoral run in new video

  14-01-2021 04:04 via feedproxy.google.com
  
  New York City mayoral candidate Andrew Yang
  Justin Sullivan/Getty Images
  Andrew Yang is officially in for the New York City mayoral race.
  The former presidential hopeful and entrepreneur is proposing a "people's bank" and a nascent basic income program.
  Yang enters a sprawling field as the 10th major candidate in the Democratic primary alone, carrying more name recognition than any of his opponents.
  The primary will also be the first in the city's history with ranked choice voting, allowing vot
  
  Read more

• Pelosi signs impeachment articles against Trump for 'incitement of insurrection,' making Trump the first president to be impeached twice

  14-01-2021 02:14 via feedproxy.google.com
  
  House Speaker Nancy Pelosi of Calif., holds the article of impeachment against President Donald Trump after signing it, in an engrossment ceremony before transmission to the Senate for trial on Capitol Hill, in Washington, Wednesday, Jan. 13, 2021.
  Alex Brandon/AP
  Speaker of the House Nancy Pelosi formally signed an article of impeachment against President Donald Trump for his role in inciting an insurrection. 
  Ten House Republicans voted to impeach Trump, highlighting growing support amon
  
  Read more

• Tesla asked to recall 158,000 Model S and Model X vehicles over a safety defect involving failing touchscreens

  14-01-2021 02:07 via feedproxy.google.com
  
  Johannes Eisele/AFP via Getty Images
  Tesla was asked by the National Highway Traffic Safety Administration to recall around 158,000 vehicles over faulty touchscreens, the agency said in a letter to the company Wednesday.
  The NHTSA said the media control units on certain Tesla vehicles failed after their memory ran out, causing issues with the backup camera, defogging and defrosting settings, Autopilot system, and turn signals.
  The issue impacted certain 2012-2018 Model S vehicles and 2016-2018 M
  
  Read more

• Jack Dorsey breaks his silence on Twitter's decision to ban Trump after Capitol riots

  14-01-2021 02:00 via feedproxy.google.com
  
  Burhaan Kinu/Hindustan Times via Getty Images
  Jack Dorsey broke his silence Wednesday on Twitter's decision to permanently ban President Donald Trump.
  Dorsey called it "the right decision for Twitter" amid "an extraordinary and untenable" circumstances, but said a ban was a "failure of ours ultimately to promote healthy conversation" and that could set a "dangerous" precedent.
  In the series of tweets, Dorsey also advocated for more open and decentralized approaches to developing social media sta
  
  Read more

• Former Michigan Gov. Rick Snyder has been criminally charged with willful neglect in connection with the Flint water crisis, report says

  14-01-2021 01:22 via feedproxy.google.com
  
  The top of a water tower is seen at the Flint Water Plant in Flint, Michigan January 13, 2016, where residents coping with the city's crisis over lead-contaminated drinking water.
  Rebecca Cook/Reuters
  Former Michigan Gov. Rick Snyder has been criminally charged with willful neglect of duty in connection with the Flint water crisis, the Associated Press reported Wednesday. 
  Former Michigan health director Nick Lyons is another official also expected to face charges. 
  The Flint water cr
  
  Read more

• Insider Retail: The US' largest restaurant operator bets big on Wendy's and Pizza Hut, as Walmart eyes the launch of a new health startup

  14-01-2021 01:13 via feedproxy.google.com
  
  Hello! Welcome to the latest edition of Insider Retail. Many predictions were made about the future of retail and restaurants in 2021 such as which brands will look to IPO and what trends prompted by the coronavirus are most likely to remain intact after the pandemic subsides.And early on, we're seeing some of the biggest players make good on those predictions. This week, we're breaking down Flynn Restaurant Group's $550 million gamble on Wendy's and Pizza Hut stores. Walmart is also secret
  
  Read more

• Why brands need 'cultural intelligence'

  14-01-2021 01:00
  
  Traditional approaches to strategy underestimate, or ignore, the effects of cultural trends – but the past year has shown that brands need to create the capabilities to continuously catch the waves of culture and ride them in both smooth and...
  
  Read more

• WhatsApp looks to stem damage over privacy update

  14-01-2021 01:00
  
  WhatsApp has sought to reassure its users over privacy fears after a planned update to its terms caused a surge in downloads of rival messaging services Telegram and Signal.
  
  Read more

• Time for business (and brands) to step up

  14-01-2021 01:00
  
  Business is now the most trusted institution globally, according to the 2021 Edelman Trust Barometer which shows it overtaking NGOs for the first time, while governments have squandered the trust people placed in them during the first months of...
  
  Read more

• The latest revenue stream for gaming companies – virtual influencers

  14-01-2021 01:00
  
  A fresh approach to the business of influencing comes from the gaming world in China, where the lines between what’s real and what’s virtual are becoming ever-more blurred – step forward Nuan Nuan, once a popular female character created by...
  
  Read more

• Lessons from Conde Nast’s alleged audio mistakes

  14-01-2021 01:00
  
  Stories of failure tend to be more useful than stories about success, and with podcasts gaining popularity as a deep engagement medium, companies are scrambling to assemble capabilities and, as former CN Audio employees allege in an open letter,...
  
  Read more

• Effie analysis: How premium brands use marketing to survive recessions

  14-01-2021 01:00
  
  Economic turmoil is a certainty for 2021, as the pandemic disruption shows little sign of abating, but strong brands can overcome these barriers, according to a new collaborative report from EACA, Effie Awards Europe, and the Effectiveness...
  
  Read more

• Google cracks down on political ads

  14-01-2021 00:55 via feedproxy.google.com
  
  Hi! Welcome to the Insider Advertising daily for January 14. I'm Lauren Johnson, a senior advertising reporter at Business Insider. Subscribe here to get this newsletter in your inbox every weekday. Send me feedback or tips at [email protected]'s news: Google cracks down on political ads, the power players at Publicis, and The New York Times reckons with 'Caliphate.'
  Alphabet CEO Sundar Pichai
  Stephanie Keith/Getty ImagesGoogle is blocking all political ads, as well as those rel
  
  Read more

• Multiple dog foods recalled after 70 dogs died due to suspected poisoning

  14-01-2021 00:35 via feedproxy.google.com
  
  Costfoto/Barcroft Media via Getty Images
  Pet foods from Midwestern Pet Company are under a voluntary recall.
  A reported 70 dogs have died, and more than 80 have gotten sick.
  The food was found to have dangerous levels of aflatoxins, which are produced by mold.
  Visit Business Insider's homepage for more stories.
  The FDA is warning veterinarians and animal owners that Sportmix pet foods from Midwestern Pet Foods may be toxic.The dog food might contain dangerous levels of aflatoxins, a toxin create
  
  Read more

• Messages from the Capitol insurrectionists show how they bragged to their friends they were inside the building

  14-01-2021 00:18 via feedproxy.google.com
  
  In this Jan. 6, 2021 file photo, supporters of President Donald Trump, including Aaron Mostofsky, right, who is identified in his arrest warrant, walk down the stairs outside the Senate Chamber in the U.S. Capitol, in Washington. Federal agents arrested Mostofsky, the son of a New York judge, on charges that he was among the protestors who stormed the U.S. Capitol, the FBI said on Tuesday, Jan. 12.
  AP Photo/Manuel Balce Ceneta
  Several people involved in the January 6 insurrection at the Capitol
  
  Read more

• 18 insightful books, podcasts, and online resources that helped us manage our mental health while quarantining

  14-01-2021 00:08 via feedproxy.google.com
  
  Amazon; Coursera; Dear Therapist Podcast; Alyssa Powell/InsiderThe COVID-19 pandemic has created new mental health challenges and changed how we cope with them.I asked my colleagues to share the things that have helped them manage their mental health throughout quarantine. You can find 18 of them below.Read more: The professor behind Yale's popular online course, The Science of Well-Being, shares tips on how to feel happier right nowSign up for Insider Reviews' weekly newsletter for more buying
  
  Read more

• Stadiums have been empty. Here's why Sixth Street is making a big bet on Legends, the company behind the New York Yankees and Dallas Cowboys luxury suites.

  14-01-2021 00:06 via feedproxy.google.com
  
  Dallas Cowboys owner Jerry Jones is a cofounder of Legends.
  Getty Images
  Sixth Street, a $50 billion global investment firm, made a majority investment in Legends, the hospitality management company launched by the owners of the New York Yankees and Dallas Cowboys. 
  Sixth Street will join the partnership group alongside Legends cofounders Jerry Jones and Hal Steinbrenner. 
  Legends is known for its luxury suites at sports and entertainment venues, including working with the New York Ya
  
  Read more

Follow @sales_mrktinguk on Twitter!