Roughly 25% of the world's 530 undersea cables are damaged every year, taking an average of 40 days to repair.
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The company said it finished the fourth quarter with $1.3 billion in net transfers, more than any other brokerage.
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"Texas is the most powerful economy in the nation," Texas governor Greg Abbott said in a statement.
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Rep. Ilhan Omar, a progressive lawmaker from Minnesota, said she doesn't own stocks or a house and still has student debt.
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Deloitte US is rolling back DEI programs and told some staff to remove pronouns from emails. Its UK division remained "committed" to diversity goals.
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Shopify president Harley Finkelstein said policies like de minimis allow entrepreneurs to compete.
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"Tariffs are what you do in the death throes of a nation," Griffin said at a conference outside Miami.
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Goldman Sachs has ended its policy requiring IPO clients to have diverse boards, citing a legal ruling that ended a similar initiative at the Nasdaq.
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Kimbal Musk last week sold 75,000 Tesla shares, or almost 5% of his stake in his brother's electric vehicle company, a filing shows.
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The decrease in partner numbers at PwC China follows the regional branch receiving a record fine for its involvement in the Evergrande scandal.
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Multistrategy hedge funds are bigger than ever. Some who have worked for the biggest brands are now advising others on how to work at them.
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Susan von Seggern received $10,000 from her grandmother when she passed in 1993. When her father died in 2024, she was given another $100,000.
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Kara Perez saw her friends struggling during the pandemic and founded a "Friends Emergency Fund" to help give them a boost when they're down.
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While the reasons for slimming staff vary, the cost-cutting measures are coming amid a backdrop of technological change.
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Nobel-winning economist Paul Krugman said today's tech stars are already dominant and more involved in politics, paving the way for a softer landing.
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Wall Street firms are increasingly making their internal tech free and available to use and modify — but they're not worried about losing an edge.
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Rep. Alexandria Ocasio-Cortez won plaudits from critics for saying her congressional salary is her only income and she doesn't trade stocks.
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Bill Gates said he'll give away the "vast majority" of his money, and his philanthropy hasn't meant sacrificing pleasures like burgers or movies.
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Perella Weinberg's Bob Steel talks about his history with Larry Fink, BlackRock's expansion into alternative assets, and why he will never retire.
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Trump's cabinet might have a model in Alaska's Permanent Fund, which disperses checks to Alaska residents.
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Mark Zuckerberg is $40 billion richer this year and tops the list of the 10 biggest wealth gainers, who are a combined $157 billion better off.
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Meta CEO Mark Zuckerberg has added more to his net wealth this year than any other billionaire, and is just $12 billion behind Amazon's Jeff Bezos.
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As rival banks like JPMorgan and Goldman Sachs mandate five days in the office, Citi sees its hybrid schedule as a key benefit.
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The US doesn't run a surplus like most sovereign wealth funds. But Trump's order refers to trillions in existing assets.
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Homeowners forced to move face a tough dilemma: Sell the old house or rent it out? Going the landlord route makes sense for some, but it's not easy.
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Google CEO Sundar Pichai tried to allay concerns about DeepSeek, boasting that Google's own AI models were comparable.
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Apollo CEO Marc Rowan said the private equity giant is looking to expand its lending capabilities and may buy more companies to get there.
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Jack Schwager's past books have included interviews with the likes of billionaire Paul Tudor Jones.
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Learn to manage inflation and foster growth with insights from Pleo's Finance Report.
5 min read
President Trump's immigration crackdown is raising questions about visa programs for skilled workers. See which financial firms file the most H-1Bs.
7 min read
In a chaotic month for markets, the biggest hedge funds were able to grind out returns.
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Fidelity's Contrafund values its SpaceX stake at over $2.7 billion, a significant increase in the company's valuation since its 2015 Series G.
2 min read
Remote workers returning to the office may need to reacclimate. Etiquette experts gave some advice and reminders for a smooth transition back.
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Low-income retirees say that returning to work would mean a higher paycheck, but lower food, health, and housing benefits.
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Some of the biggest hedge fund managers have talked to Business Insider about what it takes to join their ranks. Here's what we know.
5 min read
Older Americans with few regrets about planning for retirement shared their strategies for achieving success, even if they're not millionaires.
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Meme coins keep ripping off investors. Are celebrities in on the scam?
20 min read
Jefferies CEO Richard Handler addressed the death of a 28-year-old banker Carter McIntosh, slamming online speculation and offering support.
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Bill Ackman announced on Saturday that his management company would leave Delaware to reincorporate in Nevada.
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Sherwood, the digital publisher owned by stock-trading and financial services firm Robinhood, has conducted layoffs.
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Exxon Mobil is building a natural gas power plant and implementing carbon capture technology to power AI data centers.
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Auquan's technology has saved 20 different clients a collective 50,000 hours worth of work producing thousands of due diligence reports.
4 min read
Companies requiring workers to return to the office include AT&T, Amazon, JPMorgan, and Toyota. View a list of RTO mandates across business and tech.
16 min read
Alexander Weber grew up wealthy, but his parents still gave him a modest allowance. They emphasized saving and he learned to be an entrepreneur.
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BI spoke to 4 older Americans about the strategies they used to retire comfortably with over $1 million in assets, despite regrets about overworking.
8 min read
Carlyle-backed Yipit has added M Science's CEO, Michael Marrale, to its complaint in its latest legal filing.
5 min read
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