Sales & Marketing news

• The Fed is reportedly weighing fines for Deutsche Bank over the bank's insufficient anti-money-laundering controls

  30-05-2021 21:43 via feedproxy.google.com
  
  Deutsche Bank CEO Christian Sewing
  Thomas Lohnes/Getty Images
  In recent weeks, the Fed has pressed Deutsche Bank to enhance its anti-money-laundering controls.
  The Fed may resort to fines, the Wall Street Journal reported, citing sources familiar with the matter.
  The bank has been under regulatory scrutiny for years, and its CEO has acknowledged that more work is needed.
  See more stories on Insider's business page.
  Tensions between Deutsche Bank and the Federal Reserve are rising.In recent week
  
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• Buttigieg defends mask mandates on public transportation as a matter of 'safety' and 'respect'

  30-05-2021 21:36 via feedproxy.google.com
  
  Secretary of Transportation Pete Buttigieg.
  AP Photo/Evan Vucci
  Secretary Pete Buttigieg on Sunday described public transit mask mandates as a "matter of respect."
  There has been an increase in the number of disturbances on airplanes in recent weeks.
  Buttigieg asked for people to think about what transit workers "have been doing to keep you safe."
  See more stories on Insider's business page.
  US Transportation secretary Pete Buttigieg on Sunday backed the mask mandates still in effect on airplan
  
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• Congress opens investigation into BlueVine and Kabbage after reports of PPP fraud

  30-05-2021 20:43 via feedproxy.google.com
  
  Rep. James E. Clyburn, chairman of the Select Subcommittee on the Coronavirus Crisis.
  Graeme Jennings/AFP via Getty Images
  Congress is investigating fraudulent loans facilitated by fintech lenders BlueVine and Kabbage.
  While fintech lenders only processed 15% of total PPP volumes, they're involved in 75% of fraudulent loans identified by the DOJ.
  Fintechs boasted fully-automated PPP applications and faster approvals than traditional banks.
  See more stories on Insider's business page.
  Congress h
  
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• Instagram has reportedly shifted its algorithm to favor news content after complaints from staff about Palestinian censorship

  30-05-2021 20:21 via feedproxy.google.com
  
  FILE: Instagram
  Thomas Trutschel/Getty Images
  Instagram has changed its algorithm to prioritize current events and viral posts, according to the Financial Times.
  A company spokesperson confirmed to Insider the change would happen "over time."
  Facebook, which owns Instagram, has faced criticism from pro-Palestinian activists in and outside the company.
  See more stories on Insider's business page.
  Instagram has reportedly made adjustments to its algorithm in favor of news and viral content after
  
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• Rep. Hakeem Jeffries says that Republicans 'want to make it harder to vote and easier to steal an election'

  30-05-2021 20:14 via feedproxy.google.com
  
  Rep. Hakeem Jeffries of New York.
  AP Photo/Jacquelyn Martin
  Rep. Hakeem Jeffries slammed the proposed Texas voting bill as "shameful."
  After Trump's 2020 loss, GOP lawmakers across the country have enacted new barriers to voting.
  President Joe Biden on Saturday blasted the Texas legislation, calling it "un-American."
  See more stories on Insider's business page.
  Democratic Rep. Hakeem Jeffries of New York on Sunday blasted the restrictive Texas voting bill on the cusp of being signed into law, a
  
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• Amazon CEO Jeff Bezos will officially step down on July 5. Here are the top 5 things to know about his replacement, Andy Jassy.

  30-05-2021 19:57 via feedproxy.google.com
  
  Andy Jassy.
  Mike Blake/Reuters
  Amazon CEO Jeff Bezos will step down on July 5, the same date Amazon was incorporated in 1994.
  Bezos will be replaced by Andy Jassy, the current CEO of AWS.
  He has been at Amazon for 24 years and is one of the highest-paid executives at the company.
  Visit the Business section of Insider for more stories.
  Amazon founder Jeff Bezos announced earlier this year that he was stepping down as the tech giant's chief executive officer.And on Wednesday, Bezos told sharehold
  
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• Netanyahu rival Bennett announced he was joining forces with political opponents to unseat the Israeli prime minister

  30-05-2021 19:35 via feedproxy.google.com
  
  Israeli Prime Minister Benjamin Netanyahu holds the weekly cabinet meeting in Jerusalem
  Reuters
  Israeli far-right party leader Naftali Bennett threw his crucial support behind a "government of change" in Israel.
  The move could open the door to a coalition to unseat Prime Minister Benjamin Netanyahu.
  The contest could bring his first election defeat since 1999 and an end of a political era.
  See more stories on Insider's business page.
  JERUSALEM -- Far-right party leader Naftali Bennett threw his
  
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• The 6 deadliest rifles in the US military's arsenal

  30-05-2021 19:34 via feedproxy.google.com
  
  A Marine engages targets with the M27 Infantry Automatic Rifle during a field exercise at Camp Lejeune, December 3, 2014.
  US Marine Corps/Sgt. Alicia R. Leaders
  The US military has different kinds of rifles for all kinds of missions.
  Some of those have been in used for decades but have received upgrades and modifications.
  See more stories on Insider's business page.
  Assault rifles, battle rifles, they're all here.Though some of the rifle platforms originally entered service during the Cold War,
  
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• An attorney for DC police said the agency used 'tear gas' in Lafayette Square Park ahead of Trump's bible photo-op: report

  30-05-2021 19:25 via feedproxy.google.com
  
  US President Donald Trump holds a Bible while visiting St. John's Church across from the White House after the area was cleared of people protesting the death of George Floyd June 1, 2020, in Washington, DC.
  Brendan Smialowski/AFP via Getty Images
  An attorney for the Metropolitan Police Department defended the agency's use of tear gas last year, WUSA9 reported.
  The MPD has continued to deny its involvement in clearing protestors ahead of Trump's bible photo-op in Lafayette Square last June.
  The
  
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• Amazing photos show the Air Force's biggest plane testing flares to lure away enemy missiles

  30-05-2021 18:51 via feedproxy.google.com
  
  A 436th Airlift Wing C-5M Super Galaxy releases flares during a test at Eglin Air Force Base, Florida, May 12, 2021.
  US Air Force/Samuel King Jr.
  The giant C-5M Super Galaxy released flares during a defensive countermeasures test on the Eglin range.
  Flares are high-temperature heat sources used to mislead surface-to-air or air-to-air missiles' heat-seekers.
  See more stories on Insider's business page.
  A C-5M Super Galaxy, belonging to the 436th Airlift Wing, from Dover Air Force Base, Delaware,
  
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• The Ukrainian ambassador to Thailand died suddenly while vacationing with his son

  30-05-2021 18:35 via feedproxy.google.com
  
  This photograph taken on December 19, 2020 shows longtail boats moored at a beach on Koh Lipe island in the Andaman Sea.
  MLADEN ANTONOV/AFP via Getty Images
  Andrii Beshta, the Ukrainian ambassador to Thailand, died suddenly Sunday.
  Beshta, 45, died while vacationing with his soon in Koh Lipe, an island in Thailand.
  A police spokesperson said that there were no signs he was attacked.See more stories on Insider's business page.
  Andrii Beshta, the Ukrainian ambassador to Thailand, died suddenly ea
  
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• Former GOP Rep. Barbara Comstock: If Trump went missing, not many Republicans would be 'in the search party'

  30-05-2021 18:26 via feedproxy.google.com
  
  Then-Rep. Barbara Comstock at a debate in 2018. She lost re-election to the House that year and now works to get more Republican elected to office.
  Pete Marovich for The Washington Post via Getty Images
  Barbara Comstock said not many Republicans would be "in the search party" if Trump went missing.
  The former congresswoman is a staunch supporter of a commission to probe the Jan. 6 Capitol riot.
  She said that Republicans want to distance themselves from Trump, but "he's not going to go away."
  Se
  
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• All the best Memorial Day weekend furniture sales to shop now from Overstock, Target, and Etsy

  30-05-2021 17:33 via feedproxy.google.com
  
  If you buy through our links, we may earn money from affiliate partners. Learn more.Wayfair
  Memorial Day weekend furniture sales are here and it's time to shop deals on patio sets, sofas, and beds.Several sales will last through the holiday weekend, with a few lasting through the first week of June.For even more deals, take a look at the best Memorial Day sales.Table of Contents: Masthead StickyMemorial Day weekend sales are an excellent opportunity to find great discounts on furniture.During th
  
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• Republican presidential hopefuls are contesting 'shadow primaries' to avoid angering Trump, report says

  30-05-2021 17:16 via feedproxy.google.com
  
  Nikki Haley, left, and former Vice President Mike Pence, right, are taking part in "shadow primaries" for 2024, Politico reported.
  Getty Images
  Republican presidential hopefuls are taking part in "shadow primaries," Politico reported.
  Sen. Tom Cotton, former VP Mike Pence, and Nikki Haley are campaigning in Iowa and New Hampshire.
  GOP 2024 hopefuls are looking for ways to kickstart their bids without angering Trump, Politico said.
  See more stories on Insider's business page.
  Republicans with pr
  
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• Former NYPD Commissioner Bill Bratton says he 'can't understand' how Rudy Giuliani became 'subsumed by Trump'

  30-05-2021 17:06 via feedproxy.google.com
  
  New York City Mayor Rudy Giuliani and Police Commissioner William Bratton in 1995.
  Allan Tannenbaum/Getty Images
  Bill Bratton said Rudy Giuliani had "made a caricature of himself" with his close ties to Trump.
  "I can't understand how he allowed himself to be subsumed by Trump," Bratton told The New York Times.
  Bratton served as Giuliani's police commissioner in New York City from January 1994 to April 1996.
  Sign up for the 10 Things in Politics daily newsletter.
  Former New York City Police Comm
  
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• The best Memorial Day weekend appliance sales including Samsung, LG, and Best Buy

  30-05-2021 16:58 via feedproxy.google.com
  
  If you buy through our links, we may earn money from affiliate partners. Learn more.GE
  Memorial Day weekend is underway and we're incredible deals on kitchen appliances.
  Appliances rarely see great discounts during the year, but you can often find some great drops for this holiday.We've listed the best ones below - you can also find a round-up of the best Memorial Day sales here.Memorial Day weekend starts tomorrow! Before you get started barbecuing or lounging in the sun, consider taking advant
  
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• The best Memorial Day grilling deals including grills, meat, and grilling accessories

  30-05-2021 16:49 via feedproxy.google.com
  
  If you buy through our links, we may earn money from affiliate partners. Learn more.The Home Depot
  Grilling deals are pretty rare, but Memorial Day is a great time of year to find some.
  We've rounded up the best grill and grill accessories sales going on below.Table of Contents: Masthead StickyMemorial Day Weekend is here, and as the unofficial start of summer, it's the perfect time to fire up the grill, throw on some burgers, steaks, and hot dogs, and enjoy a nice barbecue with your friends and
  
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• Gas prices reach highest average in 7 years as Memorial Day travel surges but supply falls short

  30-05-2021 16:49 via feedproxy.google.com
  
  The average price per gallon hit $3.02 going into the holiday weekend, the highest since 2014.
  Alexander Ryumin\TASS via Getty Images
  The average gas price is at its highest since 2014, at $3.04 per gallon on Sunday.
  Labor shortages, increased demand and lingering fallout from a cyberattack on the Colonial Pipeline are impacting the gas market.
  As vaccines roll out, more Americans are planning to travel this summer, many by car.
  See more stories on Insider's business page.
  Gas prices reached a
  
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• The best Memorial Day Weekend TV deals including $400 off the Vizio OLED 4K TV

  30-05-2021 16:38 via feedproxy.google.com
  
  If you buy through our links, we may earn money from affiliate partners. Learn more.Samsung
  To celebrate Memorial Day on May 31, many retailers are offering big deals on select TV models.
  Right now, Vizio's 65-inch 4K OLED TV is $1,500 - that matches the lowest price we've seen.
  Table of Contents: Masthead StickyMemorial Day is here, and many stores are marking the occasion with big deals on an assortment of tech products, including TVs. Discounted prices are already available for a variety of d
  
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• Trump's longtime ally Roger Stone says the former president must prepare to be indicted for fraud in the coming weeks

  30-05-2021 16:09 via feedproxy.google.com
  
  Roger Stone, left, predicted in an Infowars interview that former President Donald Trump would soon be indicted.
  InfoWars, Getty images
  Roger Stone predicted in an Infowars interview on Friday that Trump would soon be indicted.
  Stone said he thought Trump would be charged with "bank fraud or tax fraud."
  Stone accused Manhattan prosecutors investigating Trump of "combing for a crime."
  Sign up for the 10 Things in Politics daily newsletter.
  Roger Stone, a longtime friend and former advisor to Don
  
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• Trump is frustrated about his mounting legal fees as probes into Trump Organization heat up, report says

  30-05-2021 15:28 via feedproxy.google.com
  
  Former President Donald Trump.
  AP Photo/Gerald Herbert, File
  Trump is frustrated with the mounting legal fees amid probes into his business, the Daily Beast reported.
  According to one source, Trump has described the legal fees as "such pain in the ass."
  Close advisors have reassured the ex-president that he won't be indicted.Sign up for the 10 Things in Politics daily newsletter.
  Former President Donald Trump is frustrated over mounting legal bills amid two ongoing New York investigations into
  
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• Netflix apparently wants to break into the video game business. Experts say that's a bad idea.

  30-05-2021 15:17 via feedproxy.google.com
  
  Netflix co-CEOs Reed Hastings, left, and Ted Sarandos, right.
  Getty
  Netflix is reportedly fishing around for a major video game business executive to hire.
  The company intends to expand its gaming efforts - to break into the lucrative video game industry.
  That initiative is likely to fail, given the history of tech and entertainment companies in gaming.
  Visit the Business section of Insider for more stories.
  With over 200 million paid subscribers worldwide, Netflix is an absolute behemoth.The s
  
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• 2016 Indy 500 winner Alexander Rossi breaks down why the race is so difficult

  30-05-2021 15:14 via feedproxy.google.com
  
  At speeds of over 220 mph, drivers tear around the Indianapolis Motor Speedway for 500 miles, or 200 laps.
  But while driving an oval racetrack may seem fairly straightforward, surviving just one lap requires an expert behind the wheel.
  We talked to the Indy 500 2016 winner Alex Rossi who took us turn by turn through the track.
  See more stories on Insider's business page.
  Following is a transcript of the video.Alexander Rossi: Hey what's up guys I'm Alexander Rossi. IndyCar driver for Andretti A
  
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• Why riding a roller coaster as tall as the Burj Khalifa could kill you

  30-05-2021 15:12 via feedproxy.google.com
  
  Kingda Ka is the tallest roller coaster in the world. At 139 meters, it's nearly the height of the Great Pyramid of Giza.
  But what if someone built a roller coaster as tall as the Burj Khalifa, the tallest building in the world?Although the engineering would be possible, it wouldn't be safe to ride because intense wind resistance, flying pieces of debris, and bird strikes could injure or even kill riders.
  Plus, the high g-forces could cause people to blackout as blood moves away from their head
  
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• How ethereum got its name: Inside founder Vitalik Buterin's decision to name the world's most active blockchain after a medieval scientific theory

  30-05-2021 15:10 via feedproxy.google.com
  Getty/John Phillips
  Vitalik Buterin used a medieval scientific theory as inspiration for the name of the ethereum network.The blockchain's naming origins are detailed in Camilla Russo's book, The Infinite Machine.Ether is the disproved concept that there's a subtle material that fills space and carries all light waves.
  Sign up here for our daily newsletter, 10 Things Before the Opening Bell.
  Vitalik Buterin was inspired by a medieval scientific theory when he came up with the name for the ethere
  
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