Traders wore Birkenstock sandals on the New York Stock Exchange floor in honor of the company's IPO.Spencer Platt/Getty
Birkenstock raised $1.48 billion in an initial public offering on Wednesday.
The shoe brand, known for its comfortable cork-sole sandals, has gained popularity in recent years.
But it wasn't always known as a fashion staple. It was first worn in the US by hippies in the '60s and '70s.
Birkenstock, the shoe brand known for its comfortable cork-sole sandals, raised $1.48 bi
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The rise of Birkenstock: The shoe brand that turned an ugly hippie sandal into coveted fashion statement raised $1.48 billion in its IPO
-
Gaza journalist walks through the wreckage of his home after Israel strikes
Video journalist Yasser Abu Wazna showed Insider what's left of his home after Israeli airstrikes in Gaza City's residential al-Karama neighborhood.Read the original article on Business Insider -
Doctors Without Borders in Gaza says 100% of the patients it has treated in the last 24 hours have been children
Doctors Without Borders said 100% of the patients in their clinic in Gaza on Wednesday were children.Bashar Taleb/AFP via Getty Images
Doctors Without Borders in Gaza said 100% of patients treated on Wednesday were kids.
About 1 million children live in Gaza. People under 18 make up nearly half the population.
Relief groups said blocked aid is impacting their ability to provide medical care.
Two days after Israeli Defense Minister Yoav Gallant declared the "complete siege" of Gaza, doctors and a -
The Trump 'haircut': yes, Deutsche Bank really used this term in reducing what Trump said he was worth
Then-President Donald Trump boards Air Force One.Evan Vucci/AP
Trump's civil fraud trial, which could run him and Trump Org out of NY, is in its second week.
On Wednesday, state officials called former Deutsche Bank banker Nicholas Haigh to the stand.
He described the so-called Trump "haircut": routinely applied reductions to Trump's stated worth.
They called it the Trump "haircut."Really, that was what Deutsche Bank – Donald Trump's most generous lender – called the routine cuts the -
Getting hostages out of Gaza is likely a near-impossible task because it's unclear where Hamas is holding them and regions may be covered in traps
A view of the rubble of buildings hit by an Israeli airstrike, in Jabalia, Gaza strip.Hatem Moussa/AP Photo
Getting hostages out of Gaza could be a difficult task for Israel, hostage experts said.
It's unclear where Hamas is holding them and regions may be covered in traps, the experts said.
Israel's ongoing counterattack on Gaza could made it even more difficult to reach the hostages.
JERUSALEM (AP) — The Hamas-run Gaza Strip is a tiny enclave, measuring 25 miles long and no m -
The best Prime Day vacuum deals: Last-minute savings up to 75% off Shark, iRobot, Dyson
When you buy through our links, Insider may earn an affiliate commission. Learn moreAmazon Prime Day brings with it major discounts on top vacuum brands like Shark and Bissell.Amazon/InsiderA powerful vacuum or carpet cleaner can make a world of difference when it comes to keeping a tidy home, and Amazon Prime Day marks the perfect time to upgrade or replace a model that's no longer working the way it used to. We've spotted huge discounts on top vacuum brands like Bissell, iRobot, Roborock, Sams -
GOP Rep. Thomas Massie likely to oppose sending aid to Israel in the wake of Hamas attack: 'I don't believe in foreign aid'
Rep. Thomas Massie of Kentucky on Capitol Hill on October 10, 2023.Tom Williams/CQ-Roll Call via Getty Images
The White House may soon request more aid for Israel in the wake of the Hamas attack.
At least one Republican, Rep. Thomas Massie, is signaling that he's likely to vote against it.
"I don't believe in foreign aid," he said, indicating that it's not solely about Israel.
Rep. Thomas Massie signaled on Wednesday that he's likely to oppose any further US aid to Israel in the wake of the Hama -
Amazon Prime Day bedding deals: Last chance to get up to 42% off pillows and sheets
Beckham and Sijo are two of the many bedding brands offering rare deals for Prime Big Deal Days.AmazonWhen you buy through our links, Insider may earn an affiliate commission. Learn more There's no better time to freshen up your bedding than fall, and there's still time to save with Amazon Prime Day bedding deals on sheets, pillows, and mattress toppers before the sales event ends at midnight tonight. With chilly temperatures around the corner, having a cozy bed to crawl into every night is -
It doesn't look like broad student-loan forgiveness will happen under Biden's new debt relief plan
A view of the US Capitol before a news conference to discuss student-debt cancellation on September 29, 2022.Drew Angerer/Getty Images
The first round of negotiations for Biden's new student-debt relief plan concluded.
The Education Department confirmed broad-based relief is not on the table.
But it's looking at distinct groups of borrowers that could get relief under the Higher Education Act.
The public got a glimpse into how President Joe Biden's Education Department is crafting its new plan f -
3 tips for creating branded merch your customers will love, from small-business owners and marketing experts who have used it to build vibrant brand communities
Danielle Reid, a marketing consultant.Britney Kelsey
Branded merchandise, or swag, can still benefit businesses in the digital age.
Effective swag is more personalized than a brand logo printed on a T-shirt or mug.
Ideally, it's an item a customer will use frequently and be excited to share or wear.
This article is part of "Marketing for Small Business," a series exploring the basics of marketing strategy for SBOs to earn new customers and grow their business.
When it comes to growing a business -
See the moment Caroline Ellison got into the wrong car after leaving a chaotic courthouse scene
Caroline Ellison took the stand in SBF's criminal trial.Spencer Platt/Getty Images
Caroline Ellison got into the wrong car as she departed from the courthouse on Tuesday.
A picture from the scene shows her shocked and panicked expression as she realized her mistake.
The blunder illustrates the media circus around Sam Bankman-Fried's criminal trial.
Caroline Ellison has had a chaotic few days since she began testifying in the criminal trial of her ex-boyfriend Sam Bankman-Fried.On Tuesday, after -
How to watch Cricket World Cup live streams: Australia vs. South Africa is next
When you buy through our links, Insider may earn an affiliate commission. Learn moreWhich country will rein supreme in the 2023 Cricket World Cup? Tune in and find out yourself.Matthew Lewis / ICCThe 2023 ICC Men's Cricket World Cup is upon us, and cricket fans around the globe are gearing up for a tournament that promises an unforgettable experience in host nation India. There are free Cricket World Cup live streams for plenty of matches throughout the tournament, including Australia vs. -
US stocks rise as investors parse Fed minutes and await September inflation report
Bryan R Smith
Stocks inched higher Wednesday as investors read through the latest Fed minutes.
Central bankers remained mostly hawkish on their approach to inflation at the last policy meeting.
Investors are eyeing the September CPI report due out on Thursday morning.
US stocks rose on Wednesday as investors digested the latest minutes of September's Federal Reserve meeting and looked ahead for the September Consumer Price Index report, which is set to roll out Thursday morning.Major -
New York Republicans are finally ready to expel George Santos
New York Republican Reps. Nick LaLota (left) and Anthony D'Esposito speak to reporters about their effort to oust fellow Republican Rep. George Santos.Alex Brandon/AP
GOP Rep. George Santos' fellow New Yorkers have had enough.
All six of his fellow freshmen Republican New York colleagues now support kicking him out of Congress.
Their move comes on the heels of a new indictment that alleges Santos stole the identities of some of his donors.
Rep. George Santos' fellow New York Republicans have had -
The newly released Apple Watch Ultra 2 is already $50 off for Prime Day
AmazonWhen you buy through our links, Insider may earn an affiliate commission. Learn moreAmazon's fall Prime Day event, called Prime Big Deal Days, is an Apple enthusiast's dream. Nearly everything Apple, from MacBooks and iPads to AirPods and Beats headphones, has been discounted by hundreds of dollars. And while $250 off a MacBook Air is a hell of a deal, my favorite Apple discount for Prime Day so far is this $50 deal that you snag on the recently released Apple Watch Ultra 2.Apple isn't kno -
Sam Bankman-Fried believed his wild hair helped him get higher bonuses early in his career and was 'very valuable,' Caroline Ellison testifies
Sam Bankman-Fried is known for his unruly hairstyle.Chelsea Jia Feng/Insider
Caroline Ellison told jurors that Sam Bankman-Fried curated his image, especially his messy hair.
Ellison said he believed his hair was "essential to his image" and was the reason for past bonuses.
Bankman-Fried also bought a Toyota Corolla to help curate his non-luxurious image, she said.
Sam Bankman-Fried had a carefully curated image — unruly hair and all — according to his ex-girlfriend Caroline Ellison. -
A 25-year-old Israeli woman helped save her entire kibbutz by arming a neighborhood watch group to fight off Hamas militants, her neighbors and dad say
Man holding Israeli flag on October 11, 2023.Ilia Yefimovich/picture alliance via Getty Images
A young Israeli woman helped save her kibbutz by arming citizens to fight Hamas militants, reports said.
Inbal Liberman, 25, a security coordinator in Nir Am, armed a neighborhood watch group amid Hamas' attacks.
Those efforts resulted in the killing of two Hamas fighters and the wounding of another, Haaretz reported.
A young Israeli woman has been credited with helping to save her entire kibbutz from -
Dramatic combat videos show brutal fight between Israel and Hamas
Videos from both sides of the Israel-Hamas conflict show intense scenes of combat.Read the original article on Business Insider -
Congress is in shambles and failing America when it needs it to function most
Caution tape blows in the wind on the east front plaza of the U.S. Capitol Building on September 27, 2023 in Washington, DC.Anna Moneymaker/Getty Images
War broke out in the Middle East with one of the US' closest allies, but Congress can't do a thing.
Without a House speaker, very little additional aid can be approved to aid Israel or even Ukraine.
A single senator is also holding up hundreds of military promotions, including in the Middle East.
The United States Congress is tragically failing -
A friend of a 25-year-old woman filmed begging militants not to kill her says no one can escape the videos and firsthand accounts of Hamas' attacks
Left: Yan Gorjaltsan and Noa Argamani / Right: Noa ArgamaniYan Gorjaltsan
An Israeli paramedic said it's impossible to escape videos of Hamas' attacks on Israel.
He learned his friends were kidnapped by the militant group from a viral video.
Another friend's death came to light when a dispatch call in which she begged for help surfaced.
On Saturday, as Yan Gorjaltsan finished working more than 24 hours caring for victims of Hamas' attacks in southern Israel, his friends were asking in a WhatsApp -
We already have the tools we need to fight the climate crisis — but a 'green transition' will still take time, 5 sustainability leaders say
InsiderWe don't have enough skilled laborers to install and upkeep green tech, many experts say.Sutthichai Supapornpasupad/Getty Images
Insider's climate advisory council convened recently for a roundtable discussion.
They told us they're motivated by current innovation on the climate crisis, but labor is a hurdle.
The advisory council is part of Insider's One Planet initiative, the optimist's destination for climate action.
For more climate-action news, visit Insider's One Plan -
The best Amazon Prime Day luggage deals (Day 2)
Amazon's October Prime Day is shaping up to have steep discounts on luggage and luggage sets.AmazonWhen you buy through our links, Insider may earn an affiliate commission. Learn moreAmazon Prime Day is in full swing and there are plenty of luggage deals to get a leg up on your holiday travel planning. We're keeping track of steep discounts on suitcases, backpacks, and packing cubes from Samsonite, Travelpro, and American Tourister. These brands have made it into our best luggage guide due to th -
The 25 best Prime Day furniture deals happening now
Amazon is featuring furniture sales on bed frames, armchairs, and more right now during the October Prime Big Deal Days.AmazonWhen you buy through our links, Insider may earn an affiliate commission. Learn moreAmazon's Prime Big Deal Days is wrapping up tonight. Still, there are tons of discounts to be had, with many of the prices matching or even beating all-time lows. This is an excellent time to save on furniture, including standing desks, dining room tables, sectional sofas, and more.Check o -
I'm a beauty editor and these are the 36 best Prime Day beauty deals to take advantage of before the sale ends tonight
When you buy through our links, Insider may earn an affiliate commission. Learn moreAmazon's Prime Big Deal Days sale event is the perfect time to stock up on sought-after beauty products.InsiderPrime Day is live, and so are we! Check out our Prime Day deals live blog, where we're rounding up the hottest discounts over the next 48 hours across tech, fashion, home, kitchen, beauty, pets, furniture, and more. Amazon's second Prime Day sales event, known as Prime Big Deal Days, is underway and -
The Treasury market this week saw its biggest single-day rally since the collapse of Silicon Valley Bank
The 10-year Treasury yield slipped 15 basis-points on Tuesday as more investors snapped up Treasury bonds.Reuters
US Treasurys this week saw the biggest single-day rally since SVB collapsed.
The yield on the 10-year US Treasury fell 15 basis-points on Tuesday.
Investors have started to snap up US bonds in a flight for safety amid conflict in the Middle East.
The US Treasury market saw its biggest single-day rally this week since the collapse of Silicon Valley Bank in March, a sign that ext -
Hamas proudly committed war crimes. Is Israel's government about to do the same?
Smoke rises over a buildings in Gaza City on October 9, 2023 during an Israeli air strike.Sameh Rahmi/Getty Images
Israel's defense minister ordered a siege of Gaza with "no electricity, no food, and no fuel."
Intentionally starving a civilian population is a war crime, human rights lawyers say.
President Biden emphasized the "rule of law" on a call with Israeli PM Netanyahu, he said.
There is no special carve-out in international law that allows the victims of war crimes to commit war crimes in -
CHART OF THE DAY: Investors keep buying bond funds amid one of the worst crashes in market history
Bank of AmericaThe bond market is experiencing one of its worst declines on record after interest rates surged.The iShares 20+ year US Treasury ETF has seen its worst sell-off ever, falling as much as 47%. But investors are still buying billions of dollars of bonds funds despite the ongoing pain.Our Chart of the Day is from Bank of America, which highlights the painful decline experienced in the bond market over the past few years.The iShares 20+ Year Treasury Bond ETF has plunged as much a -
How Nadine Arslanian went from relative obscurity to the center of Bob Menendez's political corruption scandal
David Dee Delgado/Stringer/Getty, KENA BETANCUR/Getty,Matt Anderson Photography/Getty, Tyler Le/InsiderHow Nadine Arslanian went from relative obscurity to the center of Bob Menendez's political corruption scandalIn late 2018, around the time Nadine Arslanian fell in love with the "very, very hot" US senator she met at a New Jersey IHOP, she found herself in need of a new car. Her previous vehicle was wrecked when she hit Richard Koop, a 49-year-old father, killing him almost instantly on a -
Marjorie Taylor Greene won't support her party's choice for House speaker because he has cancer
House Majority Leader Steve Scalise and Rep. Marjorie Taylor Greene of Georgia on the House floor on February 7, 2023.Tom Williams/CQ-Roll Call via Getty Images
House Republicans just narrowly nominated Rep. Steve Scalise to be their candidate for speaker.
But Marjorie Taylor Greene is withholding her support, citing his cancer diagnosis.
She says he shouldn't "sacrifice his health" and needs to put his "full efforts" into the job.
Rep. Marjorie Taylor Greene is vowing to oppose her party's nomi -
Janet Yellen says she supports using proceeds from frozen Russian assets to fund more aid for Ukraine
Janet YellenREUTERS/Jason Reed
Treasury Secretary Janet Yellen backed a European proposal to access profits from frozen Russian funds.
Yellen said she supported "harnessing windfall proceeds from Russian sovereign assets" for Ukraine.
European countries froze more than $212 billion in Russian assets after Moscow invaded Ukraine.
Janet Yellen backed European plans to tap proceeds stemming from frozen Russian assets to support Ukraine, the Financial Times reported. In Wednesday comments -
Opening iconic New York City streets to pedestrians meant an extra $3 million in spending last year — and helped save local businesses during the pandemic
People walk along Fifth Avenue during the Open Streets program on December 18, 2022 in New York City.Liao Pan/China News Service/VCG via Getty Images
Last year, New York City opened Fifth Avenue as a pedestrian street on December weekends.
That drove an estimated $3 million in additional spending at the businesses on those streets.
It's the latest economic proof that making streets pedestrian and cyclist forward is good for business.
The evidence is mounting that making streets more walkable, bi -
Billionaire Howard Marks joked last year that investors should sell all their stock. Now he still maintains bonds are offering 'equity-like returns.'
K. Y. Cheng/South China Morning Post via Getty Images
Howard Marks joked recently that investors should dump all stock and buy high-yield bonds.
However, the Oaktree founder notes that "equity-like" returns are being seen in credit markets today.
Bonds should make up a larger part of portfolios than in the pre-pandemic era, Marks said in a letter to investors.
It might be time for credit instruments to make up a much larger part of portfolios — maybe even the majority, billionaire Oa -
It's not too late to get $150 when you qualify for an Amazon Prime Visa credit card during Prime Day
When you buy through our links, Insider may earn an affiliate commission. Learn moreAmazon is offeringa $100 credit with this promotion during its Prime Big Deal Days sale.Amazon;InsiderUpdate: Prime Day is live and so are we! Check out our Prime Day deals live blog, where we're rounding up the hottest discounts over the next 48 hours across tech, fashion, home, kitchen, beauty, pets, furniture, and more. Amazon's October sales event, known as Prime Big Deal Days, is here and it's the perfe -
The 19 best Prime Day pet deals on treats, puzzle feeders, and litter boxes
When you buy through our links, Insider may earn an affiliate commission. Learn moreWe're tracking the best Amazon pets deals for Prime Big Deals Days.Amazon; InsiderAmazon's Prime Big Deal Days event wraps up today, but you still have time to grab deals on pet toys and essentials. You need to act soon, though, as the sales are only good while supplies last or until the end of the day.Some of the best dog toys and cat litter boxes from our guides are marked down to all-time low prices. If you te -
House Republicans had their cell phones confiscated while they voted on a new speaker
Rep. Lauren Boebert of Colorado uses her phone on Capitol Hill on July 13, 2023.Anna Moneymaker/Getty Images
House Republicans voted on Wednesday to nominate Rep. Steve Scalise to be the next speaker.
They were forbidden from having their phones during the vote and had to turn them over to staff.
As they left, lawmakers had to wave pieces of paper with numbers on them to get their phones back.
House Republicans' cell phones were confiscated as they decided on who should be second in line to the -
Walmart says customers on Ozempic are actually spending more money overall
Analysts found customers taking weight-loss drugs like Ozempic gs are spending more in total with Walmart.Brandon Bell / Getty ImagesWalmart's US CEO recently discussed the impact weight loss drugs like Ozempic have had on sales.An analyst note from Morgan Stanley aims to clarify Walmart's remarks.Walmart told the analyststhe small group of known customers who take the drugs spend more overall.Walmart is trying to clarify the impact weight-loss drugs like Ozempic and Wegovy are actually having o -
This Revlon blow-dry brush is only $27 right now for Prime Day — I bought one yesterday it gave me a perfect blowout
At less than $30 on Prime Day, this blow dryer brush is a steal considering what it can accomplish.Samantha Crozier/InsiderWhen you buy through our links, Insider may earn an affiliate commission. Learn moreThe Revlon One-Step Volumizer has been selling like hotcakes during Prime Day. It's consistently one of Amazon's top hair tools and already has a hefty collection of over 300K reviews and nearly a full five stars. Our own beauty writer raved about it in our full Revlon One-Step review, callin -
A community activist in Gaza said people are 'just waiting to die' because they can't escape Israel's counterattacks
Israeli air strikes target a shopping center in Gaza Strip.Ashraf Amra/Anadolu Agency via Getty Images
Civilians in Gaza are growing desperate as Israel intensifies its counterattack.
A community activist told Insider that "there is no safe place" to which civilians can evacuate.
"We are killed here with no ability to do something," she said. "We are just waiting to die."
As Israeli forces intensify their counterattack on the Gaza Strip, civilians in the area have grown increasingly desperate an -
It looks like Tesla might offer Cybertruck colors for people who don't want plain stainless steel
Stainless steel might not be the Cybertruck's only appearance option. AP Photo/Ringo H.W. Chiu, FileTesla fans have been wondering whether the Cybertruck would be offered in any colors. Now they may have their answer. Tesla launched colored wraps for the Model 3 and Model Y, indicating it could do the same for its truck. Tesla fans have been wondering whether the upcoming Cybertruck would be offered in any colors except for bare stainless steel. Now they may have their answer.Elon -
Israel says its bombing runs are just the beginning. Next comes the ground fight.
An Israeli army self-propelled howitzer fires rounds near the border with Gaza in southern Israel on October 11, 2023.Photo by JACK GUEZ/AFP via Getty Images
Israeli warplanes continue to bombard Gaza as ground forces mass in the surrounding area.
The country's defense chief said the air attacks are just the start and would be followed by action on the ground.
Israel vowed to crush Hamas after the militant group launched its brutal attacks on Saturday.
Days after Israel officially declared war o -
The best Prime Day deals under $50, including luxury beauty products and a Nespresso machine that's usually over $100
When you buy through our links, Insider may earn an affiliate commission. Learn moreThere are tons of deals for under $50 during Amazon's October Prime Day.AmazonPrime Big Deal Days is in full swing. Like the traditional Prime Day in July, this is one of the best times of the year to save on anything you can buy on Amazon. And while there are plenty of big ticket items on sale, you don't have to spend big to save big. There are tons of deals going on for products that are under $50. And the -
Elon Musk's X could face expulsion from Europe over Israel-Gaza disinformation, EU official says: 'These are not empty threats'
Elon Musk's X could be banned in Europe as disinformation about the Israel-Gaza conflict spreads across the platform.Chesnot via Getty Images
Elon Musk's social media platform could be banned from Europe, an EU official told Insider.
The body gave Musk a deadline of 7 p.m. Central European Time on Wednesday to tackle disinformation.
"These are not empty threats," MEP Stéphanie Yon-Courtin told Insider.
An EU official has warned that X, the social media platform owned by Elon Musk, c -
The best Prime Day Nespresso deals: Take $70 off our top-tested pod machine and the Aeroccino milk frother
Amazon has some of the best Nespresso deals this Prime Day, from machines to gourmet capsules.Amazon/InsiderWhen you buy through our links, Insider may earn an affiliate commission. Learn moreWe're halfway through day two of Amazon's October Prime Day, with more deals going live throughout the day. Since Nespressos are more expensive than other brand's pod machines, we're rounding up the best Nespresso deals so you can get the best for less.Our top Nespresso deal continues to be 30% off the Nesp -
Best Prime Day AirPods deals: Snag record-low prices on our top Apple earbud picks
AirPods and AirPods Pro are seeing big discounts for Amazon's October Prime Day sale.Amazon; InsiderWhen you buy through our links, Insider may earn an affiliate commission. Learn moreAmazon's latest Prime Day event, called Prime Big Deal Days, is still going strong in its second and final day. Our tech experts have sifted through all the deals to pull out some great discounts on Apple's wildly popular AirPods headphones.Some of the best Prime Day AirPods deals so far include stellar discounts f -
I'm a fitness tech editor and these are the only 10 fitness tracker deals worth buying on Prime Day
Amazon; Garmin; InsiderWhen you buy through our links, Insider may earn an affiliate commission. Learn moreThe second day of Amazon's October Prime Day event continues, and aside from discounts on things like MacBooks, and TVs, we're seeing tons of discounts on fitness trackers and wearables from Samsung, Garmin, and Apple. A sales event like Prime Big Deal Days is one of the best times all year to pick up a new fitness tracker as the deals are among the lowest they are all year — eve -
This 1TB Samsung SSD Prime Day deal is the perfect PS5 storage upgrade
The Samsung 990 Pro SSD delivers fast storage speeds for PS5 and PC.Amazon;InsiderWhen you buy through our links, Insider may earn an affiliate commission. Learn moreWe're more than halfway through Amazon's fall Prime Day event, but the deals are still coming hot and fast. This includes a big discount on a solid state drive that can massively boost your games' load times and performance.The best Prime Day SSD deal we've found is on the Samsung 990 Pro, which is discounted by up to 40%. This blaz
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