Sales & Marketing news

• Tether was once the stablecoin king. Now its dominance is threatened by newcomers and legal uncertainty.

  31-07-2021 23:14 via feedproxy.google.com
  Getty Images
  Regulators are training their sights on tether, the biggest of the dollar-pegged cryptocurrencies known as stablecoins.But even as tether's legal troubles ratchet up, the stablecoin has already seen market share decline.
  What tether does behind the scenes has become a central focus.
  Sign up here for our daily newsletter, 10 Things Before the Opening Bell.
  In 2018, Jeff Bezos told Insider that innovators "have to be willing to be misunderstood." So when Stuart Hoegner, the top lawyer
  
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• The pandemic is worsening mental health for women, middle-aged adults, a new survey finds

  31-07-2021 21:50 via feedproxy.google.com
  
  Throughout the pandemic, multiple surveys and studies have indicated that mental health has declined among a number of groups.
  Jose Luis Pelaez Inc/Getty Images
  Mental health challenges have been on the rise during the COVID-19 pandemic.
  A new survey from the University of Michigan has quantified some of the effects.
  Women and US adults ages 50 to 64 have reported worsening mental health during the pandemic.
  See more stories on Insider's business page.
  For months, experts have warned about the
  
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• Gov. Brian Kemp suggested Biden is at fault for Georgia's COVID-19 vaccination rate, which remains one of the lowest in the US

  31-07-2021 21:36 via feedproxy.google.com
  
  Gov. Brian Kemp of Georgia.
  AP Photo/John Bazemore
  Gov. Brian Kemp called out Biden for not working harder to push the FDA to fully approve COVID-19 vaccines.
  The governor pointed to the vaccine emergency authorization to explain some of the hesitation.
  Kemp was also critical of the CDC's new guidance on mask-wearing among vaccinated people.
  See more stories on Insider's business page.
  GOP Gov. Brian Kemp of Georgia on Thursday attempted to shift blame to President Joe Biden for the state's low
  
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• Sen. Ron Johnson says he'd support a vaccine mandate for an 'incredibly deadly' virus but not COVID-19, which has killed more than 613,000 Americans

  31-07-2021 21:20 via feedproxy.google.com
  
  Sen. Ron Johnson said Friday that he would only support a vaccine mandate for an "incredibly deadly" disease, but not COVID-19.
  Tom Williams/CQ-Roll Call, Inc via Getty Images
  GOP Sen. Ron Johson said he would support a vaccine mandate only for an "incredibly deadly" disease but not COVID-19.
  COVID-19 has killed more than 613,000 people in the US and more than 4.2 million globally, per Johns Hopkins University.Johnson also attacked the CDC for changing its guidelines on masking.
  See more storie
  
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• SECRET SALE: For 24 hours only you can shop exclusive deals on Drizly, Goldbelly, Brooklinen, and more

  31-07-2021 21:01 via feedproxy.google.com
  
  Coop Home Goods; Naked Wines; Vosges; Brooklinen; Goldbelly; Rachel Mendelson/InsiderWhen you buy through our links, Insider may earn an affiliate commission. Learn more.
  Monday only, Insider Reviews is hosting a 24-hour Secret Sale on our favorite brands.
  We've got deals on Drizly, Goldbelly, Leesa, Vosges Haut-Chocolat, Brooklinen, Mesken, Coop Home Goods, Omigo, and Naked Wines.
  You won't find these discounts anywhere else, but act fast, the deals will only last from 12am until 11:59pm EST on
  
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• Amazon delivery companies are telling their drivers to ignore jammed doors, damaged seatbelts, and broken mirrors, CNBC reports

  31-07-2021 20:43 via feedproxy.google.com
  
  Keith Srakocic/AP
  Amazon delivery companies in the US are instructing workers to skip daily van inspections that ensure worker safety, CNBC reported.
  Workers from several US states have detailed instances where they went against safety protocol for fear of managerial retribution.
  Amazon is investigating these claims and their delivery networks, which the company has full power over.
  See more stories on Insider's business page.
  Ten current and former drivers for delivery companies contracted by A
  
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• Women, people of color, and low-income families face the highest risk of being forced out of their homes as the eviction moratorium comes to an end

  31-07-2021 20:15 via feedproxy.google.com
  
  Housing activists erect a sign in front of Massachusetts Gov. Charlie Baker's house in Swampscott, Mass.
  Michael Dwyer/AP Photo
  With the eviction moratorium likely coming to an end Saturday, millions of renters are expected to be plunged into housing disarray.About 73 percent of renters likeliest to be evicted are people of color. About 56 percent are women.
  More than half of the likeliest people vulnerable to eviction make less than $25,000 in total household income.See more stories on Insider
  
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• Florida nightlife is going wild and college students refuse to stop the party even as the Delta variant of the coronavirus rips through the state

  31-07-2021 20:13 via feedproxy.google.com
  
  In Florida, some students are vowing that, even as the Delta variant of the coronavirus surges, the party just won't stop.
  Robert Daly/Getty Images
  The state of Florida is saturated with the highly-transmissible Delta variant of the coronavirus.
  Meanwhile, colleges across the state are preparing to open their doors for the fall semester.
  Undergrads at schools statewide told Insider that their plans to keep partying aren't slowing down.
  See more stories on Insider's business page.
  On a recent Sa
  
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• How 'rain drones' in Dubai use electric shocks against clouds to trigger rain to battle extreme temperatures

  31-07-2021 19:30 via feedproxy.google.com
  
  Cloud seeding can increase low annual rainfall.
  Getty Images
  Dubai has launched a project to cope with high temperatures.
  The project is based on Dubai creating its own rain.
  To do this, drones that discharge electrical charges are used.
  See more stories on Insider's business page.
  Fighting the heat isn't always easy but in places like the United Arab Emirates where temperatures can easily reach 120 degrees Fahrenheit at certain times of the year.In the UAE - specifically in Dubai - scientists
  
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• Early internet star turned celebrity Andy Milonakis revolutionized live streaming and virality, but he still has regrets

  31-07-2021 18:37 via feedproxy.google.com
  
  Andy Milonakis.
  Matt Petit/Disney XD via Getty Images
  Andy Milonakis is 45 now but shows no signs of slowing down.
  Since creating his own television show in 2003, he's been a rapper, actor, performer, and live streamer.
  A pioneer of the internet age, Milonakis feels he gets "judged" for his appearance.
  See more stories on Insider's business page.
  Andy Milonakis has spent the past two months in the mountains on the island of Crete, Greece at his grandparent's house. Almost every day, he livestre
  
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• Trump helped the Republican Party raise $56 million online in the first half of 2021

  31-07-2021 18:22 via feedproxy.google.com
  
  Former US President Donald Trump leaves Trump Tower in Manhattan on July 19, 2021.
  James Devaney/GC Images
  Trump raised $56 million online in the first half of 2021, more than any other Republican.
  The sum reflects the former president's continued dominance of GOP politics.A large chunk of the money came from recurring payments, which the party has reportedly halted.
  See more stories on Insider's business page.
  Former President Donald Trump helped the Republican Party raise $56 million online d
  
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• CDC director says decision to recommend masks again 'weighed heavily' on her

  31-07-2021 18:07 via feedproxy.google.com
  
  r. Rochelle Walensky, now director of the U.S. Centers for Disease Control and Prevention (CDC), removes her mask to speak as Joe Biden announces nominees and appointees to serve on his health and coronavirus response teams during a news conference at his transition headquarters in Wilmington, Delaware, U.S., December 8, 2020. REUTERS/Kevin Lamarque/File Photo
  Kevin Lamarque/Reuters
  CDC Director Rochelle Walensky defended her agency's decision to shift its guidance on masking.
  "This was not new
  
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• SolarWinds hack targeted nearly 2 dozen federal prosecutors offices, including some of the most influential in the country like the Eastern District of New York

  31-07-2021 18:06 via feedproxy.google.com
  
  REUTERS / Jonathan Ernst
  The emails of federal prosecutors' offices around the country were hacked by Russian intelligence during the SolarWinds cyber attack.
  The Russian hackers had access to the emails of federal prosecutors in New York, California,DC and other jurisdictions from May to December 2020.
  The Justice Department released the update to "increase transparency" with the public as it continues to investigate the hacking.
  See more stories on Insider's business page.
  Federal US prosecuto
  
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• A cruise passenger who assaulted two men during a drunken brawl at a buffet was sentenced to 21 months in jail

  31-07-2021 18:01 via feedproxy.google.com
  
  Paul Evans.
  Hampshire Constabulary
  A UK man has been sentenced to 21 months in prison, following a brawl on a P&O cruise.
  Paul Evans, a financial advisor and ex-stockbroker, was sentenced on Thursday, MailOnline reported.
  His wife, a YouTube interviewer, was given a suspended sentence for her part in the 2019 incident.
  See more stories on Insider's business page.
  A former stockbroker has been sentenced to 21 months in prison for assaulting two cruise passengers during a late-night buffet on
  
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• Florida Gov. Ron DeSantis signs order that would strip schools of funding for imposing a mask mandate for students

  31-07-2021 17:09 via feedproxy.google.com
  
  Florida Gov. Ron DeSantis, seen here at a July press conference, signed an order prohibiting schools from requiring masks.
  Joe Raedle/Getty Images
  Florida Gov. Ron DeSantis on Friday signed an order prohibiting schools in the state from mandating masks.Florida schools that implement a mask mandate run the risk of losing state funding.
  The move came days after the CDC recommended that students and staff mask up when they return to classes.
  See more stories on Insider's business page.
  Florida Gov
  
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• People in Brazil can't believe their eyes as freak snow blankets 40 cities

  31-07-2021 16:56 via feedproxy.google.com
  
  Some Brazilians are seeing snow for the first time.
  TWITTER @Lho_nardo via REUTERS
  Parts of Brazil have seen snow for the first time in 64 years due to an uncharacteristic cold spell.
  In Rio Grande do Sul, the snow has threatened agriculture, with sugar and coffee prices rising.
  The snowfall is exciting for many Brazilians who have never experienced it before.
  See more stories on Insider's business page.
  Brazilians are marveling upon seeing snow for the first time in their lives, with rare low
  
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• 'You're all f---ed up': Trump exploded after his officials warned against using military troops to end George Floyd protests, book says

  31-07-2021 16:55 via feedproxy.google.com
  
  US Defense Secretary Mark Esper, left, President Donald Trump, center, and Chairman of the Joint Chiefs of Staff Army Gen. Mark Milley, right, wait for a meeting with senior military leaders in the Cabinet Room of the White House on October 7, 2019.
  BRENDAN SMIALOWSKI/AFP via Getty Images
  Milley and Esper spoke against Trump using troops to blunt the Floyd protests, per a new book.
  Trump was intrigued with the idea of invoking the Insurrection Act, according to the book.
  During the early days o
  
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• Progressive Cori Bush says 'some Democrats went on vacation instead' of preventing the eviction moratorium from expiring

  31-07-2021 16:25 via feedproxy.google.com
  
  Rep. Cori Bush, D-Mo., testifies during a House Oversight and Reform Committee hearing.
  Photo By Tom Williams/CQ-Roll Call, Inc via Getty Images
  Rep. Cori Bush on Saturday accused Democrats of leaving for vacation before passing legislation that would have renewed the eviction moratorium.
  About 7.4 million Americans are at risk of eviction in the next two months after the moratorium ends July 31.
  The House failed to pass a bill that would have extended the moratorium and members are now on rece
  
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• The US reported 122,000 new COVID-19 cases on Friday - the highest single-day spike since February

  31-07-2021 16:21 via feedproxy.google.com
  
  Jamie McDonough, RN, gives instructions to a COVID-19 patient in the COVID ICU at St. Joseph Hospital in Orange, CA on Wednesday, July 21, 2021.
  Paul Bersebach/MediaNews Group/Orange County Register via Getty Images
  The US reported more than 122,000 new cases of COVID-19 on Friday, according to data analyzed by The New York Times.The figure is the highest since February and comes amid the spread of the more contagious Delta variant.The CDC last week said vaccinated people should mask up in area
  
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• Department for Veterans Affairs 'accidentally' changes its motto to the gender-neutral alternative

  31-07-2021 16:14 via feedproxy.google.com
  
  The sign of the Department of Veteran Affairs is seen in front of the headquarters building in Washington
  Thomson Reuters
  The Department of Veterans Affairs accidentally changed its motto to a gender-neutral alternative.There is a campaign to change it permanently.
  But this change has been hotly contested under the notion it would be too 'politically correct.'
  See more stories on Insider's business page.
  The Department of Veterans Affairs accidentally changed their motto -an Abraham Lincoln quo
  
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• A conservative radio host who downplayed vaccines on his show is on an oxygen machine after a severe COVID-19 infection

  31-07-2021 15:54 via feedproxy.google.com
  
  Registered nurse Erin Beauchemin monitors an Extracorporeal Membrane Oxygenation (ECMO) machine connected to a patient in the COVID-19 Intensive Care Unit at Harborview Medical Center in Seattle, Washington, on May 8, 2020.
  Elaine Thompson/AP
  Phil Valentine, a conservative talk-show host, is battling COVID-19 on an oxygen tank in the hospital.
  The hospitalization comes after his remarks downplaying both the coronavirus and the vaccines.
  Valentine, for example, has previously said the only peopl
  
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• Trump started speaking in the third person during a heated discussion with Bill Barr regarding the election results, book says

  31-07-2021 15:49 via feedproxy.google.com
  
  President Donald Trump stands with Attorney General William Barr during the 38th Annual National Peace Officers' Memorial Service at the U.S. Capitol, Wednesday, May 15, 2019, in Washington.
  AP Photo/Evan Vucci
  Trump spoke in the third person during a heated discussion with Bill Barr over voter fraud, per a new book.
  Trump was incensed that Barr dismissed claims of mass voter irregularities during an AP interview.
  Barr eventually resigned from his post just weeks after the AP interview.
  See mor
  
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• Amazon Warehouse is running a big sale with 20% off used products

  31-07-2021 15:31 via feedproxy.google.com
  
  When you buy through our links, Insider may earn an affiliate commission. Learn more.Jeramey Lende/ShutterstockShoppers can save an additional 20% on select, already-discounted products from Amazon Warehouse. Amazon Warehouse offers discounts on used goods, like-new products, refurbished wares, and more.This sale encompasses several categories including electronics, home and kitchen, tools, video games, appliances, and more. Be sure to check for the "Save 20% at checkout" tag under the product n
  
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• Bitstamp CEO says he's been 'blown away' by interest in ether staking as exchanges gear up for ethereum 2.0

  31-07-2021 15:22 via feedproxy.google.com
  Excitement is building around ethereum staking.
  Dado Ruvic/Reuters
  Bitstamp's CEO has been "blown away" by the amount of interest in ether staking, he told Insider.
  Bitstamp is one of many exchanges to have added ether staking, amid excitement around ethereum 2.0.
  Staking is when users put up tokens to gain the right to validate transactions and earn more crypto.
  Sign up here for our daily newsletter, 10 Things Before the Opening Bell.
  The CEO of crypto exchange Bitstamp has been "blown away" b
  
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• I'm a lifeguard in the Hamptons who works private parties at multi-million dollar mansions. This is what my job is like.

  31-07-2021 15:21 via feedproxy.google.com
  
  Mikayla Mott.
  Mikayla Mott
  Mikayla Mott, 27, is a swim instructor and founder of Swim Hamptons, a private lifeguarding company.
  She and her team of 10 are hired to teach swim lessons and lifeguard at private pools and oceanfront beaches.
  Here's what her job is like, as told to freelance writer Claire Turrell.
  See more stories on Insider's business page.
  I've lived in the Hamptons my whole life. I was born into a family of lifeguards and became an ocean lifeguard when I turned 15. I now run my o
  
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• West Virginia's governor was so disturbed by information on the Delta variant that he said he wanted to 'pee and throw up'

  31-07-2021 15:17 via feedproxy.google.com
  
  West Virginia Gov. Jim Justice.
  Chris Jackson/Associated Press
  WV Gov. Jim Justice said the thought of the Delta variant spreading makes him want to "pee and throw up."
  West Virginia in recent weeks has been seeing a spike in confirmed cases of the coronavirus.Earlier this week, however, Justice declined to enforce a mask mandate in the state.
  See more stories on Insider's business page.
  The rise of the Delta variant in West Virginia and the fear of inadequately containing it makes West Virgini
  
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• A talking robot is serving restaurant customers in California because the manager can't find enough workers during the labor shortage

  31-07-2021 14:55 via feedproxy.google.com
  
  The Matradee robot by Richtech Robotics.
  Richtech Robotics
  Patrons at a Stockton restaurant are being served by a robot, amid the labor shortage.
  The robot is equipped to carry up to four trays of food and dishes to hungry customers.It is not designed to replace jobs though, the manager of Sugar Mediterranean Bistro told NBC News.
  See more stories on Insider's business page.
  A restaurant in Stockton, California, is using a robot helper to serve customers as it struggles to hire workers amid the
  
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• Massive fields of new nuclear missile silos may be China's answer to rivals with a lot more nukes

  31-07-2021 14:45 via feedproxy.google.com
  
  China's new DF-41 ICBMs were showcased as road-mobile missiles, but China may be planning to put them in the ground.
  AP Photo/Mark Schiefelbein
  Experts have identified what appear to be hundreds of new missile silos under construction in China.
  It is assumed that these silos will house the new DF-41 intercontinental ballistic missiles.
  Silos are vulnerable, but with enough of them and the right missiles, they can be advantageous.
  See more stories on Insider's business page.
  China appears to be
  
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• One of Embraer's worst selling jets just got a shot in the arm with an 30-aircraft order from Canada's Porter Airlines: Meet the E195-E2

  31-07-2021 14:35 via feedproxy.google.com
  
  An Embraer E195-E2 aircraft rendering in Porter Airlines colors.
  Porter Airlines and Embraer
  Porter Airlines is ordering 30 of Embraer's E195-E2 aircraft as it expands to jet operations.
  Embraer has struggled to sell its E190-E2 family of aircraft, with less than 200 total firm orders before Porter.Porter can use the aircraft to fly to further destinations in Canada, the US, the Caribbean, and Central America.See more stories on Insider's business page.Canada's Porter Airlines is finally enteri
  
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• Space tourists fly at their own risk - nobody is regulating their safety. Experts say ticket-holders are accepting their role in an 'experiment'

  31-07-2021 14:31 via feedproxy.google.com
  
  Virgin Galactic/REUTERS/Clodagh Kilcoyne/File Photo
  This month, billionaires Jeff Bezos and Richard Branson blasted into sub-orbital flights.
  Space law experts told insider Blue Origin and Virgin Galactic ticket-holders fly at their own risk.
  Federal agencies do not plan to regulate the flights till at least 2023 in order to give the companies freedom to innovate.
  See more stories on Insider's business page.
  When billionaires Jeff Bezos and Richard Branson blasted off into space it represented t
  
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• Texting tech bros and the danger of earnings blowouts

  31-07-2021 14:30 via feedproxy.google.com
  
  Hello, and welcome to this week's edition of the Insider Tech newsletter, where we break down the biggest news in tech, including:Tanium's texting tech brosSilicon Valley's 'gag order for life'Uber's infectious board meetingDid someone forward this newsletter to you? Sign up here.This week: Big Tech's monster profits and the backlash danger
  Apple CEO Tim Cook.
  REUTERS/Carlo AllegriIt's been an action packed week in tech, with earnings, IPOs and ongoing pandemic problems. In what may be a first,
  
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• Airlines like United and American are dedicating billions of dollars to fly a new type of aircraft that won't require pilots

  31-07-2021 14:30 via feedproxy.google.com
  
  A rendering of a Denso eVTOL.
  Denso and Honeywell Aerospace
  American Airlines and United Airlines have both committed to flying electric vertical takeoff and land aircraft, or eVTOLs.
  The helicopter-like electric aircraft aim to fly over highway traffic without onboard pilots.Startups and aerospace giants are still deciding on how they'll get the public to accept the new technology.See more stories on Insider's business page.
  United Airlines became the first major US airline to place an order f
  
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• Flight attendants are pleading with passengers to stop taking out their anger on airline workers: 'We don't want to fight'

  31-07-2021 14:25 via feedproxy.google.com
  
  Flight attendants said they understand why fliers are frustrated, but do not want that anger directed at airline workers.
  REUTERS/Jim Urquhart
  Flight attendants said they want frustrated passengers to stop getting angry at airline workers.
  The Association of Flight attendants reported 85% of workers dealt with unruly passengers in 2021.
  Flight attendants said passenger aggression is leading to burnout and worsened mental health.
  See more stories on Insider's business page.
  Since airline travel
  
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• The story of El Chapo's escape from prison in a laundry cart and his triumphant return to Sinaloa

  31-07-2021 14:22 via feedproxy.google.com
  
  The cover of El Chapo: The Untold Story of the World's Most Infamous Drug Lord
  Noah Hurowitz
  In 2001, the Sinaloa cartel kingpin known as El Chapo escaped from Mexico's Puente Grande maximum-security prison.He is now serving a life sentence on Colorado.This is an excerpt from El Chapo: The Untold Story of the World's Most Infamous Drug Lord, by Noah Hurowitz. The book is available now.See more stories on Insider's business page.
  In early 2001, Joaquín Archivaldo Guzmán Loera, the
  
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• Think of your COVID-19 vaccine as a seatbelt, not impenetrable armor

  31-07-2021 14:20 via feedproxy.google.com
  
  Marianne Ayala/Insider
  COVID-19 vaccines aren't perfect, and you can still get sick after you have all your shots.
  But a vaccinated person's infection will likely be milder, because their body has built up its defenses.Vaccines are a lot like seatbelts: they save lives, but they can't prevent crashes.
  See more stories on Insider's business page.
  Vaccines provide a strong disease-fighting advantage. But they don't make you immune to infection.When it comes to COVID-19 vaccines, experts say, think
  
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• Stimulus checks totaling almost $800 million went to incarcerated people, IRS records show

  31-07-2021 14:20 via feedproxy.google.com
  
  IRS documents were obtained by American Crossroads.
  Andrew Harnik/AP Photo
  About 560,000 incarcerated people received $783.5 million in stimulus payments, Fox News reported.
  The payments followed debates in congress and courtrooms over payments to incarcerated people.
  In October, a federal judge ruled that excluding such individuals was "arbitrary and capricious."
  See more stories on Insider's business page.
  People incarcerated in US prisons received $783.5 million in stimulus payments, Fox New
  
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• Lumber prices have fallen, but the stage is set for a potential 65% rally through the end of the year, an expert says

  31-07-2021 14:15 via feedproxy.google.com
  Getty
  Lumber may have tumbled from its pandemic peak but the stage is set potentially for a 65% rally by the end of 2021.
  Three factors are behind the outlook: Biden's infrastructure deal, demand for homes, and seasonal trends.
  "The losses we are seeing over recent months could soon enough bring another major buying opportunity for the bulls," Joshua Mahony of IG said.
  Sign up here for our daily newsletter, 10 Things Before the Opening Bell.
  The price of lumber may have plummeted from its pandem
  
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• Starbucks is immune to the recent spike in coffee prices thanks to a common yet brilliant business strategy

  31-07-2021 14:03 via feedproxy.google.com
  
  Roasted coffee beans is seen being inspected at specialty coffee shop Onibus Coffee on May 20, 2016 in Tokyo, Japan. The Onibus Coffee building was originally a old traditional Japanese house that was converted to what it is at present. With the rise of specialty coffee shops opening all over the world in recent years, Tokyo's coffee culture catches on to offer quality coffee to like minded people across all walks of life.
  Christopher Jue/Getty Images
  Starbucks said it has coffee prices locked
  
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• The Olympics treats trans athletes like cheaters. Now Republicans want to do the same to trans children.

  31-07-2021 14:00 via feedproxy.google.com
  
  Hormone restrictions have created barriers to trans and intersex athletes like Olympic weightlifter Laurel Hubbard (left) and gold medalist Caster Semenya (right).
  Dan Mullan/Getty; Ian MacNicol/GettyAll Becky Pepper-Jackson ever wanted to do in middle school was to run alongside her classmates on the girls' cross-country team. Coming from a family of runners, Becky literally grew up with her feet in running shoes. After COVID-19 restrictions were lifted in her home state of West Virginia and h
  
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• The 20 hedge-fund dealmakers who are beating VCs at their own game

  31-07-2021 14:00 via feedproxy.google.com
  
  From left to right: Glen Kacher, Arielle Zuckerberg, John Curtius, and Alex Sacerdote.
  YouTube/Leaders; Heidi Gutman/CNBC/NBCU Photo Bank/NBCUniversal via Getty; Tiger Global; Chance Yeh/Patrick McMullan via Getty; Shayanne Gal/Insider
  For decades, hedge funds have dominated public markets.
  Now funds like Tiger Global, D1, and Coatue are investing billions into top startups.
  Insider lists those leading the charge into unicorn funding rounds.
  See more stories on Insider's business page.
  It's eas
  
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• Meet the typical Target shopper, a millennial suburban mom with a household income of $80,000

  31-07-2021 13:33 via feedproxy.google.com
  
  Jessica Rinaldi/Reuters
  Target has more than 1,897 stores in the US, with 30 of those newly opened in 2020.
  The Minneapolis-based retailer employs 409,000 people and made $92.4 billion in sales in 2020.
  Target's average customer is a woman who is 39 years old, white, married, with a household income of $80,000.
  See more stories on Insider's business page.
  Target is the seventh-largest retailer in the world, pulling in more than $92.4 billion in sales last year. The store operates across the US,
  
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• Auto dealers say today's red-hot market is a 'bizarro world' unlike anything they've ever seen - with cars selling before they hit the lot and clunkers worth more than ever

  31-07-2021 13:30 via feedproxy.google.com
  
  Car dealers told Insider they've never seen a market like today's.
  David Zalubowski/AP Images
  The pandemic has thrown the market for new and used cars totally out of whack.Cars are flying off of lots as quickly as manufacturers can produce them, and prices are sky-high.The buying frenzy has people pouncing on cars they never would have considered before.See more stories on Insider's business page.
  Cameron Johnson, a fourth-generation car dealer with nine franchises in Virginia, was taught growi
  
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• If the minimum wage were $24 an hour and tied to worker productivity, a long-held trickle-down myth might actually come true.

  31-07-2021 13:04 via feedproxy.google.com
  
  Activists participate in a "Wage Strike" demonstration in May in Washington, DC.
  Anna Moneymaker/Getty Images
  Paul Constant is a writer at Civic Ventures and cohost of the "Pitchfork Economics" podcast.
  In his latest piece, he discusses the recent 12th anniversary of the last federal minimum wage raise to $7.25.Constant says if the minimum wage were tied to increases in worker productivity, it'd currently be at $24 an hour.
  See more stories on Insider's business page.
  Saturday, July 24, was the
  
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• Rep. Madison Cawthorn tried to board a plane with a gun and loaded magazine in February

  31-07-2021 13:02 via feedproxy.google.com
  
  Rep. Madison Cawthorn (R-NC).
  REUTERS/Jim Bourg
  Republican congressman Madison Cawthorn tried to board a plane while carrying a gun in February.
  Newly obtained records show that North Carolina's Cawthorn was not fined or given a criminal referral.
  Typically similar incidents would incur a fine between $3,000 and $10,000.
  See more stories on Insider's business page.
  Rep. Madison Cawthorn tried to board a plane while carrying a gun in February, according to newly obtained records.The incident cam
  
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• A crypto chief explains why investors need to ignore short-term price drops in bitcoin - and says innovation will always be way ahead of regulation

  31-07-2021 13:00 via feedproxy.google.com
  OZAN KOSE/AFP via Getty Images
  Investors shouldn't pay much attention to the short-term drops in the value of bitcoin, MoonPay's CEO said.
  It's normal for regulation to be a couple steps behind financial innovation, Ivan Soto-Wright said.
  Further waves of retail adoption will allow cryptocurrencies to have everyday use cases, he predicted.
  Sign up here for our daily newsletter, 10 Things Before the Opening Bell.
  Crypto investors shouldn't be too focused on short-term swings because prices will b
  
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• Ark Invest's Cathie Wood compares Tesla to Apple, predicts mass technological disruption, and details the core purpose of crypto in a new interview. Here are the 10 best quotes.

  31-07-2021 12:30 via feedproxy.google.com
  Cathie Wood.
  ARK Invest
  Cathie Wood likened Tesla to Apple and touted crypto as the internet's missing layer.
  The Ark Invest CEO slammed the regulatory backlash against Didi and other Chinese tech companies.
  Wood predicted technologies such as blockchain and clean energy would transform industries.
  See more stories on Insider's business page.
  Cathie Wood suggested Tesla will follow Apple in capturing the lion's share of its sector's profits, predicted new technologies will reshape entire indust
  
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