An Amtrak train emerges from the 1870s-era Baltimore & Potomac Tunnel in Baltimore, Maryland.
AP Photo/Patrick Semansky
Amtrak and Maryland released a plan for a new $4 billion tunnel along the vital Northeast Corridor.
The new tunnel would replace the existing 1870s-era tubes, which are a major rail chokepoint.
As Congress debates a new infrastructure bill, projects like the Baltimore tunnel stand to benefit.
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Amtrak and the state of M
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An 1870s-era rail tunnel used by Amtrak could be a possible beneficiary of federal infrastructure funding
-
Florida Gov. Ron DeSantis' law punishing student 'indoctrination' is a 'disgraceful' assault on academic freedom, free speech experts warn
Florida Gov. Ron DeSantis speaks at a COVID-19 testing site, Wednesday, Jan. 6, 2021, outside Hard Rock Stadium in Miami Gardens, Fla. First responders and people over 65 years-old began receiving the COVID-19 vaccine Wednesday during a trial run of the site which will open to seniors at a later date.
Wilfredo Lee/The Associated Press
DeSantis signed a law mandating public universities survey students and faculty on their political beliefs.Scholars and advocates said the law is "disgraceful" an -
Lumber prices have bottomed out, but are likely to stay double the historical average for at least the next 5 years, trader says
Getty
Lumber has probably found a bottom at current levels, but prices will remain over double the average for the next few years, Stinson Dean told Insider.The Deacon Trading founder expects lumber to trade above $1,000 for potentially the next three to five years.He added that the current state of the lumber futures curve confirms that lumber prices have bottomed.Sign up here for our daily newsletter, 10 Things Before the Opening Bell.
Lumber price have probably found a bottom at current level -
UK Health Secretary resigns after leaked photos showed him kissing an aide
UK Health Secretary Matt Hancock gives a coronavirus press conference in London in March 2021.
Simon Dawson / No 10 Downing Street
UK Health Secretary Matt Hancock resigned from his position Saturday.
Leaked photos Friday appeared to show him kissing his longtime friend he hired as his aide.
Hancock, who is married, apologized for breaking COVID-19 guidelines.
See more stories on Insider's business page.
UK Health Secretary Matt Hancock resigned from his position in the British government Satur -
A GOP Senate candidate claims that the military has been 'colorblind' for 'almost 200 years,' but the armed services were desegregated in 1948
Pennsylvania GOP Senate candidate Sean Parnell.
AP Photo/Keith Srakocic
Senate candidate Sean Parnell said that the military has been "colorblind" for "almost 200 years."
The military was not formally desegregated until President Harry Truman issued an executive order in 1948.
On Fox News, Parnell railed against critical race theory, blasting it as a divisive discipline.
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For generations, millions of US soldiers have fought valiantly for th -
San Francisco becomes first major US city to require COVID-19 vaccinations for city employees
FILE: In this February 2021 photo a sign is displayed at a COVID-19 vaccine site in the Bayview neighborhood of San Francisco.
AP Photo/Haven Daley
City employees in San Francisco must get vaccinated for COVID-19 or risk losing their jobs.
City employees will have 10 weeks after the FDA formally approves the vaccines to get vaccinated.
While some companies have announced a similar policy, San Francisco is the first major city to do so.
See more stories on Insider's business page.
San Francisco -
Rep. Hakeem Jeffries says he wouldn't be surprised if McCarthy put Marjorie Taylor Greene on the committee to investigate the Capitol riot
Rep. Hakeem Jeffries.
Lenin Nolly/SOPA Images/LightRocket via Getty Images
Rep. Hakeem Jeffries said he wouldn't be surprised if House Minority Leader Kevin McCarthy appointed Rep. Marjorie Taylor Greene, among others, to the Capitol riot committee.
"He's got quite a collection of characters to choose from," Jeffries said.
The committee will be formed to investigate the January 6 insurrection, House Speaker Nancy Pelosi announced earlier this week.
See more stories on Insider's business page.
R -
Jeff Bezos accused his girlfriend's brother of hiding ownership of a $2.5 million property to avoid paying his legal fees, court filings show
Michael Sanchez, left, and Amazon CEO Jeff Bezos.
John Sciulli/Getty Images for Politicon; Getty Images
Jeff Bezos said in a court filing that Michael Sanchez tried to avoid paying a defamation judgment.
The filing accused Sanchez of transferring his California residence to a limited liability company.
Thursday's court filing marked the latest development in an ongoing legal battle.See more stories on Insider's business page.
Amazon CEO Jeff Bezos on Thursday said in a court filing that his gir -
Johnson & Johnson will stop selling opioids in the US as part of $230 million settlement in New York
Johnson & Johnson
AP
Johnson & Johnson will stop selling opioids in the US, the Wall Street Journal first reported.
The decision is part of a $230 million settlement with the state of New York.It comes just days before the case was scheduled to go to court on Long Island.
See more stories on Insider's business page.
Pharmaceutical giant Johnson & Johnson will no longer sell opioids in the US as part of a $230 million settlement with the state of New York. According to the Wall Stree -
Oblivious Tour de France spectator holding a cardboard sign causes a gnarly crash that sends dozens of riders to the ground on the opening stage
The carnage on Saturday at the Tour de France after a fan holding a cardboard sign causes a massive crash.
NBC Sports
Two dramatic crashes sent dozens of riders to the ground at the Tour de France on Saturday.
In one incident a roadside spectator holding a cardboard sign caused riders to crash en masse.
Several riders were injured, some abandoned, and many lost time on the opening stage.
See more stories on Insider's business page.
Two horrific crashes on the opening stage of the Tour de France -
GOP Rep. Adam Kinzinger rejects Pence likening Trump to Ronald Reagan, says there's 'no comparison' between the two
Rep. Adam Kinzinger of Illinois.
AP Photo/Amanda Andrade-Rhoades
GOP Rep. Adam Kinzinger rejected former Vice President Pence's comparison of Trump to Ronald Reagan.
"Reagan inspired. Trump destroyed. No comparison," Kinzinger tweeted in response to Pence.
On Thursday, Pence also defended his role in certifying President Biden's 2020 electoral victory.
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GOP Rep. Adam Kinzinger of Illinois on Thursday rejected former Vice President Mike Penc -
Former Starbucks workers say the chain's mobile ordering is out of control - leading to in-store delays, rude customers, and the pressure to make TikTok-inspired drinks
Customers are increasingly asking for heavily modified drinks.
Andrew Caballero-Reynolds/AFP via Getty Images
Starbucks workers say the chain is letting too many customers place orders on its app.
They say some stores don't have the capacity to keep up with demand.
Starbucks also allows unlimited drink modifications via its app, which staff say they're sick of.
See more stories on Insider's business page.
As well as racing to bring down drive-thru times and navigating maskless customers, Starbu -
Homeland Security is worried that a conspiracy theory about Trump being reinstated as president in August will trigger violence
Former President Donald Trump speaks during the final day of the Conservative Political Action Conference CPAC held at the Hyatt Regency Orlando on Sunday, Feb 28, 2021 in Orlando, FL.
Jabin Botsford/The Washington Post via Getty Images
Homeland Security is growing concerned about the Trump reinstatement theory, Politico reported.
A top official said that while there is no credible threat linked to the theory, a team monitors online activity.
Some people, including Trump himself, have touted th -
WHO says fully vaccinated people should continue to wear masks because of Delta variant spread
Passengers are seen during the Pobeda Airlines' tour flight over the Golden Ring of Russia from Vnukovo International Airport on December 20, 2020.
Mikhail Japaridze/TASS/Getty Images
The WHO says fully vaccinated people should continue to wear face masks in public settings.
The statement comes amid concerns over the quickly spreading Delta variant of COVID-19.
"People cannot feel safe just because they had the two doses," a WHO official said.
See more stories on Insider's business page.
The Wo -
AOC says 'thank heavens' the GOP didn't have a majority in the House after the election, otherwise Biden wouldn't have been certified as president
Rep. Alexandria Ocasio-Cortez, D-N.Y., on Monday, August 24, 2020.
Tom Williams/CQ-Roll Call, Inc via Getty Images/Pool
Rep. Alexandria Ocasio-Cortez said President Joe Biden's election certification process in January would have tanked if Republicans had a House majority back then.
"I thank heavens that we had a Democratic majority in the House that day," she said on Friday."If we didn't, we would have to be relying on a sizable amount of Republican members to do the right thing," she added.
S -
Trump warned Wisconsin GOP legislative leaders to support 2020 election audit or be 'quickly run out of office'
Former US President Donald Trump addresses the Conservative Political Action Conference (CPAC) on February 28, 2021 in Orlando, Florida.
Joe Raedle/Getty Images
Former President Donald Trump is pressuring Wisconsin GOP leaders to back a 2020 election audit.
"These REPUBLICAN 'leaders' need to step up and support the people who elected them," he said.
Arizona Republicans are currently pursuing a partisan forensic audit in Maricopa County.
Sign up for the 10 Things in Politics daily newsletter.
F -
I was an American diplomat for 12 years, traveling and immersing myself in cultures around the world. Here's what you can learn from diplomats when you're traveling
Flying home from Bogota, Colombia on American Airlines.
Thomas Pallini/Insider
Diplomats are dispatched all over the world, engaging with different cultures and ideologies.
Here's what you can learn from them if you're traveling.
This is an opinion column. The thoughts expressed are those of the author.
See more stories on Insider's business page.
Diplomats spend their whole careers living and traveling overseas. They have to immediately immerse themselves in a wide range of places around the p -
Microsoft and Apple's newest updates show how the pandemic has fundamentally changed our relationship with computers
Halfpoint Images/Getty Images
Apple and Microsoft's new software updates bring big changes to their video calling apps.
Other new features hope to help us better manage work-life balance.
The updates are a sign the way people use their computers has fundamentally changed over the past year.
See more stories on Insider's business page.
The world may be opening up again, but remote work is here to stay for many people. That's the sentiment that has seemingly shaped the new updates coming to Window -
How the Black tech community is leveraging business models that made hip-hop become a massive cultural and business phenomenon
Josh Otis Miller is a filmmaker and director of the upcoming documentary "Fund Black Tech."
Courtesy of Josh Otis Miller
Lauren deLisa Coleman is a trend analyst and author at the intersection of pop culture and emerging tech.
Coleman says business patterns in Black tech are reminiscent of the hip hop industry in the 90s.
For Black founders "it's about moving strategically and blowing up," says Coleman.
See more stories on Insider's business page.
Forget the former tech mantra of move fast and -
3 fundamental changes from the pandemic economy that could become permanent
A customer pays for his purchase in the doorway of Dave's New York, a retail store, as phase one of reopening after lockdown begins, during the outbreak of the coronavirus disease (COVID-19) in New York City, New York, U.S., June 8, 2020.
Brendan McDermid/Reuters
Some elements of the pandemic-era economy are likely to stick around well after the recovery.
Experts warned the post-crisis economy would be different, and now it's becoming clear how.
From remote work to a red-hot housing market, 4 f -
Jeff Bezos is heading to space, but he's not the only mogul obsessed with extreme experiences. Here are the wildest ways the world's elite spend their free time.
Saul Loeb/AFP via Getty Images
A passion for extreme experiences seems to be common among the world's billionaires.Jeff Bezos is going to space, Larry Ellison races yachts, and Richard Branson kitesurfs.
Jack Dorsey once did a 10-day silent meditation and only eats seven meals per week.
See more stories on Insider's business page.
In just a few short weeks, Jeff Bezos will take the riskiest flight of his life, one that takes him 62 miles above Earth, right to the edge of space. The soon-to-be-ex -
It might take up to a year for people who lost their sense of smell due to COVID-19 to regain it, medical study says
A resident in Altos de San Lorenzo, Argentina, takes an olfactory test to monitor smell loss on May 24, 2020.
Alejandro Pagni/AFP/Getty Images
Medical researchers found that loss of smell due to COVID-19 can take up to a year to return.
The study was published in the JAMA medical journal on June 24.
"Persistent COVID-19-related anosmia has an excellent prognosis with nearly complete recovery at 1 year," researchers said.
See more stories on Insider's business page.
A new study says it might tak -
Southwest Airlines flight leaves 4 people hospitalized after the plane encountered turbulence over Utah
The Southwest flight was approaching Salt Lake City, Utah.
Markus Mainka/Shutterstock.com
Four people were hospitalized after experiencing turbulence on a Southwest flight.Three flight attendants and a customer were treated for minor injuries, a spokesperson told Insider.
The spokesperson said that its initial reports indicated the landing was "uneventful."
See more stories on Insider's business page.
Four people were taken to hospital after experiencing turbulence on a Southwest Airlines fligh -
Cattle markets have been upended, and big meat producers are making 20 times normal margins as beef prices soar
John P Kelly/Getty Images
Soaring beef prices are making big meatpackers fat and happy while smaller players are left with scraps, according the New York Times.
As restaurants have reopened and with grilling season underway, demand has upended cattle markets.
Some allege that the four biggest meatpacking companies have colluded keep beef prices high.
Sign up here for our daily newsletter, 10 Things Before the Opening Bell.
Soaring beef prices are making big meatpackers fat and happy while smalle -
70% of millennials are living paycheck to paycheck, more than any other generation
Millennials paychecks' are wearing thin.
Roy Rochlin/Getty Images
70% of millennials say they're living paycheck to paycheck, according to a new survey.
Millennials are in a precarious life stage, hitting expensive life milestones but not yet peak earnings.
The many economic challenges millennials have faced also make things financially difficult.
See more stories on Insider's business page.
Millennials' wallets are rather skimpy.Seventy percent of the generation said they're living paycheck to -
America's healthcare system is fatphobic. Doctors need to finally treat fat people with respect and prioritize their health.
Crystal Cox/Business Insider
Medical fatphobia can be traumatizing, and even deadly, for fat folks.
COVID-19 vaccine access highlighted medical fatphobia and the healthcare system's ability to prioritize marginalized people.It's time for the healthcare system to treat fat people with respect and prioritize their health and comfort at the doctor's office.Reina Sultan is a Lebanese-American Muslim freelance journalist.
This is an opinion column. The thoughts expressed are those of the author.
See -
This is how Sonic increased sales by $1 billion during the pandemic, according to the drive-in chain's president
Hollis Johnson/Business Insider
Sonic increased sales by over 20% in 2020.
The chain leveraged the drive-in to attract customers as dining rooms closed.
Analysts also point to Sonic's broad menu as a reason for growth.See more stories on Insider's business page.
Sonic had one of its best years ever in 2020, with a business model that was in the perfect position to weather the pandemic - and even thrive during it. Sonic sales boomed in 2020, growing 21% to $5.7 billion, according to Technomic and -
Silicon Valley is falling in love with ads again and tech CEOs are acting weirdly
Hello, and welcome to this week's edition of the Insider Tech newsletter, where we break down the biggest news in tech, including:Tech's rekindled love of advertisingWeird behavior among tech bigwigsGoogle's new AI groupDid someone forward this newsletter to you? Sign up here.This week: Silicon Valley is falling in love with ads ... againPhoto By David Fitzgerald/Sportsfile via Getty ImagesThe great reopening is here, and with it, the opening of the purse strings for corporate marketing dollars. -
A Swiss trader says he was kidnapped and forced to buy $2.6 million of stock in a shell company owned by the alleged ringleader. Now he's trying to get his money back.
A car parked in the northern suburbs of Paris, on April 20, 2020.
Geoffroy Van Der Hasselt/AFP via Getty Images)
In 2015, 63-year-old Yomi Rodrig thought he was going to a quick meeting to explore opportunities at Goldman Sachs.
It turned into a six-day nightmare in which he was held hostage, stolen from, and almost killed.
The saga was first reported by Bloomberg.
Sign up here for our daily newsletter, 10 Things Before the Opening Bell.
In 2015, what 63-year-old Yomi Rodrig thought was a quick -
Corporate America is starting to embrace the 4-day workweek. These 7 companies have adopted it or are considering the change
A startup office on March 24, 2021 in San Francisco, California.
Justin Sullivan/Getty Images
Some companies are allowing staff to work only four days a week to combat pandemic burnout.
Kickstarter is the latest to say that it would test a four-day workweek, starting in 2022.
Proponents of it say the permanent three-day weekend boosts happiness and productivity.
See more stories on Insider's business page.
Employee burnout is real, and the pandemic has reignited talk of how modern work should e -
Memphis police have reportedly arrested 2 customers who started a shooting in Burger King because their chicken sandwich had too much hot sauce
A Burger King in Los Angeles.
AP
Police say they arrested customers who started a shooting in a Memphis Burger King, FOX13 reported.
The uncle of a witness told FOX13 that one suspect said her chicken sandwich had too much hot sauce.
Police records seen by the outlet say that two people were hit by the gunfire.
See more stories on Insider's business page.
Police in Memphis say they have arrested two customers for starting a shooting in a Burger King restaurant after being served a chicken sandw -
How Walmart CEO Doug McMillon went from unloading Walmart trucks as a teenager to earning a $22 million salary
Danny Johnston / AP Images
CEO Doug McMillon started his Walmart career unloading trucks in Arkansas.McMillon has been called one of the most 'woke' CEOs in the country.
McMillon is chairman of nonprofit Business Roundtable, which promotes business through public policy.
See more stories on Insider's business page.Carl Douglas McMillon was born in 1966 in Memphis, Tennessee. When he was 16, his family moved to 'the birthplace of Walmart' - Bentonville, Arkansas. During the summer, McMillon worke -
Ted Cruz joins forces with other GOP lawmakers to call for an end to mask mandates for vaccinated travelers, ahead of Independence Day
Sen. Ted Cruz reflects on a Capitol Hill escalator.
Alex Brandon/AP Photo
A group of GOP senators on Friday asked the CDC to end federal mask requirements for travelers.
Sen. Ted Cruz said the guidelines were an "outdated and unnecessary mandate."
The group introduced a three-page bill in the Senate on Thursday.See more stories on Insider's business page.
A group of Republican senators led by Ted Cruz on Friday announced a bill seeking an end to federal mask mandates for vaccinated travelers on -
See 7 pitch decks that fintechs looking to disrupt wealth, banking, and credit scores used to raise millions
Check out these pitch decks for examples of fintech founders sold their vision.
Yulia Reznikov/Getty Images
Insider has been tracking the next wave of hot new startups that are blending finance and tech.Check out these pitch decks to see how fintech founders sold their vision.
See more stories on Insider's business page.
Fintech VCfunding hit a fresh quarterly record of $22.8 billion in the first three months of 2021, according to CB Insights data. While mega-rounds helped propel overall fundin -
I own 2 Hamptons hot spots that have been booked solid for a month. People will do just about anything to snag a table, from flashing cash to pretending they know me.
Since reopening in June, restaurant owner Zach Erdem says demand in the Hamptons has skyrocketed.
Provided by Zach Erdem
Zach Erdem is the owner of 75 Main and Blu Mar, two hotspot restaurant and bar destinations in Southampton, New York.
His restaurants reopened at full capacity on June 1, and have been booked solid ever since.
Here's what it's like running his restaurants post-pandemic, as told to freelance writer Jenny Powers.
See more stories on Insider's business page.
Reopening my restaur -
The deal whisperer: Inside the rise of Raine Group's Jeff Sine
From left: Masayoshi Son, Rupert Murdoch, Jeff Sine, and Ari Emanuel.
Alessandro Di Ciommo/NurPhoto via Getty Images; Taylor Hill/Wire Image; Ben Gabbe/Getty Images for Common Sense Media; Amy Sussman/Getty Images; Raymond Boyd/Getty Images; Samantha Lee/Insider
Jeff Sine has built a career as an unorthodox banker.
He's advised business moguls like Masayoshi Son and Rupert Murdoch.The Raine Group, a media- and entertainment-focused merchant bank, is now a billion-dollar business.See more storie -
A 3,000-year-old skeleton with almost 800 injuries turns out to be the oldest shark attack victim ever found
Original excavation photograph of Tsukumo No. 24.
Laboratory of Physical Anthropology, Kyoto University
A man who died around 3,000 years ago is the oldest known victim of a shark attack, a study found.
The skeleton, which was recovered from a burial site new the Seto Inland Sea in Japan, had around 800 injuries.
Shark encounters are rarely seen on the archaeological record.
See more stories on Insider's business page.
A 3,000-year-old skeleton found in an archaeological site near the Seto Inla -
The CEO of Carnival, the world's biggest cruise company, says the huge demand for travel on its ships is outstripping supply
Carnival Cruise Line's Carnival Ecstasy cruise ship is docked at the Port of Jacksonville amid the Coronavirus outbreak.
Sam Greenwood/Getty Images
Arnold Donald said Americans are desperate to return to Carnival Corp's cruises.
"We have far more demand than we have ships available to supply right now," he told Fox Business.
He added that the chance of a COVID-19 outbreak onboard is "very low," but can't be ruled out.
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The CEO of Carnival Corp, the wo -
21 key public-cloud partnerships on Wall Street
Hi readers,Happy Saturday, and welcome to Insider Finance. Here's a rundown of the must-know stories from the past week:Goldman Sachs is fast-tracking analyst hiring with junior bankers in short supplyBank of America's top bank stock researcher is leaving the firm21 key public-cloud partnerships on Wall StreetExecs from Deutsche Bank, AllianceBernstein, and Accenture on return-to-office plansRich founders look to cash out ahead of possible tax hikesIf this email was forwarded to you, sign up her -
A former CIA officer opens up about his Havana Syndrome: 3 years of headaches, early retirement, and a fight for care
Marc Polymeropoulos, a retired CIA officer, believes he was attacked in Moscow in 2017.
Marc Polumeropoulous; Sergey Alimov/Getty Images; Gary Hershorn/Getty Images; Samantha Lee/Insider
Victims of the mysterious Havana Syndrome have brain injuries without ever hitting their heads.More than 130 US personnel have reported symptoms following incidents in Cuba, China, Russia, and the US.
A leading theory suggests microwave attacks may be the cause, but evidence is scant.
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Trump teases 2024 presidential run and says he'll be making an announcement about it 'in the not too distant future'
Former President Donald Trump said that he's optimistic about how the Republicans will fare in the 2024 elections.
Photo by Melissa Sue Gerrits/Getty Images
Former President Donald Trump alluded to a 2024 presidential run in a Newsmax interview.
He said that he would be making an announcement about it in the "not too distant future."
On Tuesday, Trump told his supporters to look forward to "2024 or before."
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Former President Donald Trump has said that -
The interpreters who say they have been left for dead in Afghanistan
A U.S. soldier walks with the unit's Afghan interpreter in Laghman province in 2014.
Lucas Jackson/Reuters
Thousands of Afghans signed on to work with U.S. forces during the 20-year war, including many who risked their lives and being branded as traitors.
As the U.S. withdraws the last of its troops, thousands of Afghan interpreters say they fear for their lives.
Some war-time interpreters say they have been blocked from seeking asylum even though they face reprisals from the Taliban.See more s -
Disney is offering $1,000 bonuses to recruits who sign up to become housekeepers and kitchen staff, amid the labor shortage
Disney is one of many companies affected by the labor shortage.
Matt Stroshane/Disney Parks
Disney is offering significant bonuses to new housekeepers and cooks at its Florida theme park.Last year, Disney laid off 32,000 employees amid closures caused by the COVID pandemic.
The company is now scrambling to find workers amid a huge US labor shortage.
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Disney is scrambling to recruit new housekeepers and kitchen staff at its Florida site, as the labor s -
3 things entrepreneur should consider before hiring in the current gig economy
Companies like Lyft and Uber were major developments in the gig economy.
Mario Tama/Getty Images
Almost all industries are evolving or being affected in some way by the growing gig economy.
Because of this, entrepreneurs should expect it to get easier and cheaper to outsource work functions.
When hiring in-house, don't be in a rush and focus on expanding with employees that add value.
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The so-called "gig economy" is here to stay. It's not a temporary,
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