JIM WATSON/AFP via Getty Images
Robinhood has settled a wrongful death lawsuit over the suicide of a 20-year-old trader last June.
Alex Kearns killed himself after thinking he lost $730,000 on the stock-trading app.Robinhood disclosed the settlement in its S-1 filing on Thursday. Terms were not disclosed.
See more stories on Insider's business page.
Robinhood has settled a wrongful death lawsuit over the suicide of a college student who killed himself thinking he lost $730,000 on the app. The co
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Robinhood has settled a lawsuit over the death of a 20-year-old who died by suicide last year thinking he lost $730,000 on the stock-trading app
-
Biden says Florida condo collapse survivors and victims' families are 'going through hell' after meeting with them in Surfside
President Joe Biden speaks about the collapse of the 12-story Champlain Towers South condo building last week in Surfside, Florida, following a meeting with families of victims in Miami, Florida.
SAUL LOEB/AFP via Getty Images
Biden expressed sympathy for those affected by the Florida condominium crash on Thursday.Biden and First Lady Jill Biden met with the families affected by the tragedy that day.
There have been 18 confirmed deaths from the collapse and as many as 145 people are still missi -
The Trump Organization kept 'internal spreadsheets' documenting its alleged criminal conduct, prosecutors say
Allen Weisselberg (C) former US President Donald Trumps company chief financial officer arrives to attend the hearing for the criminal case at the criminal court in lower Manhattan in New York on July 1, 2021.
TIMOTHY A. CLARY/Getty Images
The Trump Org. illegally labeled cash it paid to CFO Allen Weisselberg as "Holiday Entertainment," Manhattan prosecutors said.
But it maintained internal spreadsheets "showing the cash to be part of Weisselberg's employee compensation," the indictment said.
W -
The 5 best places to buy sun shirts for UPF protection while spending time outdoors
When you buy through our links, Insider may earn an affiliate commission. Learn more.Table of Contents: Masthead Sticky
While sunscreen keeps sunburns and cancerous skin cells at bay, the best prevention is to wear a sun shirt.
Sun shirts have UPF protection which is designed to protect against the sun's harmful UV rays.
Eddie Bauer is our top pick as it offers affordable, durable, and comfortable clothing in a variety of styles.
Insider/Owen BurkeSun-protective clothing has never really been an -
Restaurants are starting to hire robots instead of people who are demanding higher pay
A menu is displayed at eatsa, a fully automated fast food restaurant on August 31, 2015 in San Francisco, California.
Justin Sullivan/Getty Images
Businesses are tired of waiting for workers and are increasingly turning to automation instead.
The trend has swept through the restaurant industry as the labor shortage is hurting hiring.
People have long feared automation destroying jobs, but it could also kick off a "virtuous circle" that helps the economy.See more stories on Insider's business pa -
Tentrr connects you with private landowners across the US for secluded camping and glamping experiences - throughout July score a $50 gift card when you sign up
When you buy through our links, Insider may earn an affiliate commission. Learn more.
My Tentrr glampsite was totally secluded and had its own private waterfall.
Hannah Freedman/Business Insider
Tentrr connects campers with private landowners and State Parks for secluded camping vacations.
Campers can choose fully-equipped 'glampsites' or opt for traditional campsites with their own gear.
Prices for glamping destinations typically start in the low $100s and campsites start from $35.
Throughout a -
HBO Max's 'Gossip Girl' reboot is the most anticipated new TV show in July. Here are the others.
"Gossip Girl."
HBO Max
Every month, Insider looks at the most anticipated new TV shows using data from the app TV Time.
It's derived from US users who use the app to track and react to what they're watching.
HBO Max's "Gossip Girl" reboot is the most anticipated series of July.
Disney+'s Pixar series "Monsters at Work" premieres this month.
Visit the Business section of Insider for more stories.5. "The White Lotus" - HBO, July 11HBODescription: "A social satire set at an exclusive Hawaiian reso -
Wildfires and record temperatures in Canada are generating 'fire-breathing' pyrocumulonimbus thunderstorms
A pyrocumulonimbus cloud above eastern Washington, as seen from 30,000 feet up in August 2019.
NASA Earth Observatory
Wildfires in western Canada are producing pyrocumulonimbus storm clouds.
Dubbed the "fire-breathing dragon of clouds," these clouds can generate tornadoes and lightning that may cause more fires.
See more stories on Insider's business page.
Record heat and growing wildfires are creating firestorms that can generate their own lightning in the skies above British Columbia, Canada. -
We tested 13 knife sets to find the best ones - here are our top 4 picks
Table of Contents: Masthead Sticky
A good, reliable set of knives is essential to any kitchen.
We consulted metallurgists, chefs, and butcher Pat LaFrieda to find the best knife sets out there.
Wusthof's set is our top pick because it comes with most knives you need, a honing steel, and shears.
Whether you're prepping go-to recipes in your home kitchen or working on the line at the latest Michelin-starred restaurant, having good knives is essential. But you don't need many: Between a chef's knif -
Michael Cohen says the Trump Organization's CFO should cooperate with prosecutors now that he 'knows what handcuffs feel like'
Trump Organization finance chief Allen Weisselberg appears in a New York court after turning himself in to authorities on July 01, 2021 in New York City. According to reports, federal prosecutors with the Manhattan district attorney's office have charged the Trump Organization, and its CFO Weisselberg, with tax-related crimes.
Seth Wenig-Pool/Getty Images
Michael Cohen said Allen Weisselberg should cooperate with prosecutors after being charged Thursday.
"Weisselberg now knows what handcuffs fe -
Over 200,000 workers are seeing a pay bump today as 2 states and DC up their minimum wages
Activists with Our Revolution hold $15 minimum wage signs outside the Capitol complex on Thursday, Feb. 25, 2021, to call on Congress to pass the $15 federal minimum wage hike proposed as part of the COVID relief bill.
Bill Clark/CQ-Roll Call, Inc via Getty Images
Nevada and Oregon, along with Washington DC, are set to raise their minimum wages today.
Those raises will directly benefit over 200,000 workers, most of whom are women.
In 2021, a record number of states and jurisdictions are raising -
2 delivery companies in Oregon reportedly stopped working for Amazon, their only client, alleging 'intolerable' conduct and unsafe working conditions
Patrick Fallon/Getty Images
Two delivery companies reportedly cut ties with Amazon, accusing it of poor pay and work conditions.
Triton Transportation and Last Mile Delivery say Amazon changed rules and routes without notice.They're reportedly seeking $36 million and won't resume deliveries unless their conditions are met.
See more stories on Insider's business page.
Two delivery companies in Oregon made the decision to effectively shut down rather than keep delivering for Amazon, according to V -
41 thoughtful, work-appropriate gifts for your boss or coworker that are all under $50
When you buy through our links, Insider may earn an affiliate commission. Learn more.The Sill/Facebook
Show a great boss your appreciation with a thoughtful (but office-friendly) gift.Below, we rounded up some of our favorite work-appropriate gifts, from tech to coloring books.
Looking for more gifts from Insider Reviews? Shop gift ideas for everyone in your life here.
Whether virtually or in person, you spend the majority of your day with your coworkers. If you like them enough, you might even -
Wimbledon 2021 runs through July 11 - you can watch the tennis tournament on ESPN and ESPN2
When you buy through our links, Insider may earn an affiliate commission. Learn more.
Novak Djokovic hopes to defend his men's singles title at Wimbledon 2021.
Getty/William West
The 2021 Wimbledon Championships started June 28 and will end July 11.
You can watch live Wimbledon matches on ESPN and ESPN2; select matches will also stream on ESPN+.
Sling is the cheapest live TV service with ESPN networks; you can get your first month for $10.
Table of Contents: Masthead StickyTV (small)Monthly Subs -
How to allow cookies on your Mac to save passwords and other important information
It's easy to manage the cookies that are stored on your Mac's Safari web browser.
Pheelings Media/Getty Images
You can allow cookies on your Mac from Safari's Preferences page.
Allowing cookies lets your browser save important information like passwords and search history.If you want to keep cookies from some sites only, you can selectively remove stored cookies by site.Visit Insider's Tech Reference library for more stories.
Cookies are the little snippets of data used to track your internet b -
The best online sales and deals happening now, including Spanx, Backcountry, and The Company Store
When you buy through our links, Insider may earn an affiliate commission. Learn more.Alyssa Powell/Business InsiderWe rounded up the best sales and deals happening online today, including discounts at Spanx, Backcountry, and The Company Store.Deals in this story are subject to change throughout the day. The prices listed reflect the deal at the time of publication. For even more deals and savings across the web, check out our roundup of the best deals from Amazon. The best deals available right -
What we know about 'Unindicted Co-conspirator #1' in the indictment against the Trump Organization and its CFO
Trump Organization chief financial officer Allen Weisselberg exits after his arraignment hearing in New York State Supreme Court in the Manhattan borough of New York City, New York, U.S., July 1, 2021.
Brendan McDermid/Reuters
A 15-count indictment against the Trump Organization and its CFO was unsealed Thursday.
Prosecutors reference an "Unindicted Co-conspirator #1" in the document.
This person had a role in determining CFO Allen Weisselberg's compensation in 2009, according to the indictment -
The top 9 streaming shows of the week, from 'Loki' to 'Ted Lasso'
"Ted Lasso."
Apple TV Plus
Every week, Parrot Analytics provides Insider with a list of the nine most in-demand original TV shows on streaming services in the US.
Parrot's list is ranked by how much more in demand the top series are than the average TV show in the US. Audience demand reflects the desire and engagement, or overall popularity, of a series.
Disney+'s "Loki" dropped in demand this week and wasn't able to top other shows like Netflix's "Stranger Things."
"The Falcon and the Winter S -
How to watch FuboTV and get extra channels - we break down pricing and a la carte packages
When you buy through our links, Insider may earn an affiliate commission. Learn more.
FuboTV offers live TV streaming options starting at $65 a month.
FuboTV
FuboTV is a live TV streaming service with several pricing plans and add-on options.
The Starter Plan has over 100 channels and simultaneous streaming on three devices for $65 a month.
For $80 a month, the Elite Plan includes more channels and simultaneous streaming on five devices.
Table of Contents: Masthead StickyTV (small)Cord-cutting p -
Michael Burry says the market is on the brink of collapse. A WallStreetBets user argues the famed investor's predictions have been mostly wrong for the last 15 years.
Jim Spellman / Getty Images
A post that analyzes how often Michael Burry's bearish forecasts come true is trending on Reddit's WallStreetBets.The "Big Short" investor often warns about financial bubbles and crashes.The Reddit user concluded that Burry is more often wrong than right with his predictions.
Sign up here for our daily newsletter, 10 Things Before the Opening Bell.
A post that analyzes how often Michael Burry's bearish forecasts come true is trending on Reddit's Wall Street Bets forum -
Robinhood's IPO filing makes it clear: The no-fee trading app is now a cultural force in its own right
JIM WATSON/AFP via Getty ImagesRobinhood's IPO filing shows it is a cultural force that has ushered in a new generation of investors.It has 32 million newsletter and podcast subscribers and almost 18 million monthly active users.
Robinhood estimates nearly half of all new US retail accounts created in the last five years were on its platform.
Sign up here for our daily newsletter, 10 Things Before the Opening Bell.
32 million newsletter and podcast subscribers. Almost 18 million monthly active u -
1,000 US counties still have vaccination rates below 30% - particularly in the Southeast and Midwest, CDC says
Maryland National Guard Specialist James Truong administers a Moderna coronavirus vaccine in Wheaton, Maryland, May 21, 2021.
Chip Somodevilla/Getty Images
1,000 US counties have vaccination rates below 30%, CDC Director Rochelle Walensky said Thursday.
Coronavirus transmission will likely increase in these areas as the Delta variant keeps spreading.
But the US is struggling to put shots in arms: Vaccination rates fell 85% in the last three months.
See more stories on Insider's business page.
N -
A dogecoin spinoff called baby doge doubled in price following an early-morning tweet from Elon Musk
The doge meme.
Zora
A new cryptocurrency called baby doge coin surged after a tweet from Elon Musk.
The tweet said, "Baby Doge, doo, doo, doo, doo, doo," a reference to the song "Baby Shark."
The price of baby doge doubled, according to CoinGecko.
See more stories on Insider's business page.
A tweet from Elon Musk on Thursday caused the price of a new meme cryptocurrency called baby doge coin to surge.Musk tweeted, "Baby Doge, doo, doo, doo, doo, doo," a reference to the well-known kids' song " -
The best mattress sales happening in July 2021 - including deals on DreamCloud, Leesa, and Casper
When you buy through our links, Insider may earn an affiliate commission. Learn more.Dreamcloud/InstagramPurchasing a mattress is a tough process. Doing so while balancing a budget can make things even more difficult.Mattress companies are no strangers to discounts - popular brands like Casper, Helix, Leesa, and Purple are offering price cuts that are hard to pass up, along with freebies to seal the deal. The summer months are some of the best times to shop for mattresses as brands offer big dis -
The 5 best dog collars in 2021, according to a professional dog trainer
Table of Contents: Masthead Sticky
The best dog collars are durable, comfortable, and will keep their looks over time.
A harness is a safer option for walking a dog, but a collar is important for attaching ID tags.
We tested and researched a variety of dog collars, including nylon, leather, and martingale collars.
The primary function of a collar is not to walk your dog but to keep them safe. In an emergency situation, the ID tags on your dog's collar are the quickest and easiest way for someone -
The best debt consolidation loans right now
Alyssa Powell/Business InsiderPersonal Finance Insider writes about products, strategies, and tips to help you make smart decisions with your money. We may receive a small commission from our partners, like American Express, but our reporting and recommendations are always independent and objective.This post was last reviewed and updated on July 1, 2021.The best debt consolidation loans of 2021LenderAPRAmount availableLearn moreWells Fargo5.74% to 24.24%$3,000 to $100,000 for unsecured loans, $3 -
The 8 best hotels in Nashville, from a boutique in a converted church to an opulent icon popular with presidents and celebrities
When you buy through our links, Insider may earn an affiliate commission. Learn more.Fairlane Hotel
With a famous music scene, nightlife, and lip-smacking food, Nashville's always up for a good time.
The city's Downtown area is undergoing an exciting boom of mid-range and luxury hotels.
We compiled the best Nashville hotels ranging from $149 to $334 per night in the low season.
Table of Contents: Masthead StickyCountry music might still be Nashville's top drawcard, but don't underestimate the ra -
Robinhood's IPO filing reveals over 50 lawsuits related to trading restrictions it imposed during January's meme-stock madness
Vlad Tenev, co-founder and co-CEO of investing app Robinhood.
Noam Galai/Stringer/Getty Images
Robinhood's IPO filing shows the company faces more than 50 legal complaints stemming from January's meme-stock trading.Customers were angered by Robinhood's move to temporarily stop users from buying certain stocks.Robinhood said it is cooperating with investigations by officials.See more stories on Insider's business page.
Retail trading platform Robinhood is facing more than 50 lawsuits stemming fr -
Top stories this PM: Delta surges in 4 states; baby doge coin doubles; condo collapse rescuers lose hope
Good afternoon. Here are the top stories so far today.For more daily and weekly briefings, sign up for our newsletters here.What happened today:A fresh indictment. Prosecutors criminally charged the Trump Org. and its longtime CFO Allen Weisselberg with 15 felony counts, including scheme to defraud, conspiracy, and grand larceny. Weisselberg arrived to court in handcuffs while wearing an N95 mask, and both he and the Trump Organization pleaded not guilty.Delta spikes in four states. Delta is now -
Kylie Cosmetics relaunches with new 'clean' ingredients, excluding 1,600 potentially harmful chemicals
Kylie Cosmetics are displayed at Ulta beauty on November 18, 2019 in New York City.
David Dee Delgado/Getty Images
Kylie Cosmetics announced a product relaunch on Thursday with new, clean ingredients.Kylie Jenner started her own makeup brand in 2015, which is now valued at about $1.2 billion.
In 2019, Jenner sold 51% of Kylie Cosmetics to Coty for $600 million.
See more stories on Insider's business page.
Kylie Cosmetics, the billion-dollar makeup company started by celebrity model and business -
S&P 500 closes at record high for 6th day in a row amid busiest IPO week since 2004
Xinhua/Wang Ying/ Getty ImagesThe S&P 500 closed at record highs on Thursday for the sixth day in a row.The surge higher in stocks comes amid the busiest IPO week since 2004.Weekly jobless claims fell to another pandemic-era low of 364,000.Sign up here for our daily newsletter, 10 Things Before the Opening Bell.US stocks edged higher on Thursday, with the S&P 500 closing at record highs for the sixth day in a row.Weekly jobless claims fell to another pandemic-era low of 364,000, beating -
Arizona's largest newspaper sues Cyber Ninjas, state senate over controversial 2020 election 'audit'
Contractors working for Cyber Ninjas, who was hired by the Arizona State Senate, examine and recount ballots from the 2020 general election at Veterans Memorial Coliseum on May 1, 2021 in Phoenix, Arizona. The Maricopa County ballot recount comes after two election audits found no evidence of widespread fraud.
Courtney Pedroza/Getty Images
The partisan review ended in June, but results could still be months away.
Critics have complained that the process has lacked transparency.
President Joe Bi -
Mark Zuckerberg knows how bad Facebook's misinformation problem is because the White House has told him directly
Facebook CEO Mark Zuckerberg.
Andrew Caballero-Reynolds/AFP via Getty Images
White House chief of staff Ron Klain said Facebook is "a giant source" of vaccine misinformation.
In a call with Facebook CEO Mark Zuckerberg, Klain pressed the social media giant to "do better."
"This is a life or death situation," Klain told NYT's Kara Swisher on her podcast "Sway."
Visit the Business section of Insider for more stories.
Facebook CEO Mark Zuckerberg is facing harsh criticism from President Biden's Wh -
Trump personally signed tuition checks for CFO Allen Weisselberg's family members, prosecutors say
Trump Organization chief financial officer Allen Weisselberg.
REUTERS/Carlo Allegri//File Photo
Trump personally signed CFO Allen Weisselberg's family members' tuition checks, NY prosecutors alleged.
They said the practice went on from 2012 through 2017 and that Weisselberg did not report the "indirect compensation" in his taxes.
Weisselberg and the Trump Organization were charged with 15 felony counts on Thursday.
See more stories on Insider's business page.
Former President Donald Trump perso -
The best RV mattresses of 2021 for long road trips
When you buy through our links, Insider may earn an affiliate commission. Learn more.Zephyr18/iStock / Getty Images Plus
A comfortable mattress makes a world of difference when you're on the road and sleeping in an RV.
But not any regular mattress will do as you'll want to make sure the one you buy fits the rig you're driving.
The most important features to consider when buying an RV mattress are its weight, size, and materials.As people start to plan summer vacations, many are still wary of the -
Days after Charlie Munger called Robinhood 'a gambling parlor,' the free-trading app revealed options trading as its largest source of revenue
Warren Buffett, CEO of Berkshire Hathaway, and vice chairman Charlie Munger.
JOHANNES EISELE/AFP via Getty ImagesCharlie Munger of Berkshire Hathaway called Robinhood "a gambling parlor" on Tuesday.The free-trading app said it derives a bulk of its revenue from options trading in its S-1 IPO filing.Options trading is often viewed as a risky way to leverage exposure to the stock market.Sign up here for our daily newsletter, 10 Things Before the Opening Bell.Just two days after Charlie Munger of -
Bitcoin and ethereum miners see revenue slip in June as crypto prices struggle to climb back from brutal selloff
Bitcoin vs. Ethereum
Getty Images AsiaPac
The revenue of bitcoin and ethereum miners approximately halved for the month of June.
Both cryptocurrencies saw their prices drop and their transaction volume decrease.
Bitcoin miners saw their revenue slip by 42% while ethereum miners saw theirs tumble by 53%, according to The Block.
Sign up here for our daily newsletter, 10 Things Before the Opening Bell.
The revenue of bitcoin and ethereum miners was nearly halved for the month of June, as the two l -
Robinhood's IPO filing reveals the US Attorney's Office executed a search warrant for CEO Vlad Tenev's cell phone
Rafael Henrique/SOPA Images/LightRocket via Getty Images, Brendan McDermid/Reuters
Robinhood's IPO filing revealed the US Attorney's Office launched a search warrant for its CEO's cell phone.
The warrant was executed after the company temporarily restricted trading during the GameStop frenzy.
Robinhood said the incident harmed its brand and listed it as a risk factor for the company.
See more stories on Insider's business page.
Robinhood revealed in its S-1 filing that the US Attorney's Office l -
Amazon's carbon emissions rose 19% last year, showing just how far it has to go to reach its net-zero carbon pledge.
Marcos del Mazo/LightRocket via Getty Images
Amazon's carbon footprint rose 19% in 2020 compared to the previous year.
Amazon says they've reached 65% renewable energy across the entire company.The company has pledged to have net-zero carbon emissions by 2040.See more stories on Insider's business page.
Amazon's overall carbon footprint rose 19% in 2020, the company said in its annual sustainability report released Wednesday outlining its progress to a net-zero carbon footprint. For the year, Am -
Employers are turning to signing bonuses to try and lure in new workers
Fight for $15
Employers are increasingly offering signing bonuses, according to ZipRecruiter data.
The bonuses are meant to lure workers to positions in the midst of labor shortages.
But one-time bonuses are a popular strategy because they're temporary.
See more stories on Insider's business page.
Businesses need workers, and some firms are shelling out some extra cash to make that happen. That means that job seekers could get at least an extra $500 just for accepting a position.Julia Pollak, a -
Read the indictment against the Trump Organization and CFO Allen Weisselberg
Trump Organization chief financial officer Allen Weisselberg looks on as then-U.S. Republican presidential candidate Donald Trump speaks during a news conference at Trump Tower in Manhattan, New York, U.S., May 31, 2016.
REUTERS/Carlo Allegri//File Photo
An indictment unsealed Thursday charged the Trump Organization and CFO Allen Weisselberg.
The Manhattan District Attorney's office spent years investigating ex-President Donald Trump's family business.
See more stories on Insider's business pag -
The Fitbit Luxe is the most stylish fitness tracker I've ever worn, but it's missing features that could have made it truly excellent
When you buy through our links, Insider may earn an affiliate commission. Learn more.Lisa Eadicicco/Insider
The Fitbit Luxe is a stylish fitness tracker packed with plenty of health-tracking tech.
It's also the first Fitbit to come with an AMOLED screen, which makes clock faces look more vibrant.
But it's missing features, like an always-on display, that would have made it even more useful.
Luxe (small)The problem with most fitness trackers is that they live up to their name too accurately when -
Retail traders were outraged when Robinhood restricted trading in memes stocks, but the company's IPO filing shows active users still grew by 6 million in the 1st quarter
Olivier Douliery/Getty
Olivier Douliery/Getty
Robinhood added 6 million users in the first quarter, despite outrage from retail investors earlier this year.Retail traders revolted against the app after it halted buying of GameStop amid the January surge.The trading app made its initial public offering filing public Thursday.See more stories on Insider's business page.
Robinhood users were outraged in January when the company halted buying of GameStop and other meme stocks amid an epic rally - b
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