News Update

Alibaba and Kroger are partnering on groceries (BABA, KR)

This story was delivered to Business Insider Intelligence “E-Commerce Briefing” subscribers hours before appearing on Business Insider. To be the first to know, please click here. Kroger and Alibaba began a strategic grocery partnership on Wednesday that will see the US grocer sell its products in China through an online storefront on Alibaba’s Tmall Global […]

'I think it disrespects his wife': Kellyanne Conway finally reveals how she feels about her husband's fiery tweets about Trump

Kellyanne Conway and Donald Trump.Pool/Getty Images President Donald Trump appears to have created an ideological rift between White House senior adviser Kellyanne Conway and her husband, attorney George Conway, according to a Washington Post report published Wednesday. George gained notoriety for railing against the president on Twitter. Kellyanne said she’s not a fan of George’s […]

GE is trading at its lowest level since the financial crisis (GE)

Shares of General Electric sank 2.7% Wednesday, to hit $ 12.01, the stock’s lowest level since the financial crisis in 2009. GE’s gross profit has fallen significantly from $ 59.19 billion in 2010 to just $ 11.49 billion in 2017. The stock has fallen in step. CEO John Flannery, who took over last year from […]

Chilling 1,356-page grand jury report documents allegations about how the Catholic Church followed 'a playbook for concealing the truth' that 300 'predator priests' sexually abused at least 1,000 children

REUTERS/Jim Young A grand jury in Pennsylvania released a 1,300-word report Tuesday detailing allegations about the Roman Catholic Church’s decades-long cover-up of sexual abuse of nearly 1,000 children by 300 “predator priests.” The report details what investigators described in the report as a “a playbook for concealing the truth” that was used by officials to cover […]

Samsung has finally unveiled its Echo competitor — here's a look at the hurdles it will face (KRX)

This story was delivered to Business Insider Intelligence IoT Briefing subscribers hours before it appeared on Business Insider. To be the first to know, please click here. South Korean electronics giant Samsung showcased its long-anticipated entrant into the smart speaker market, the Galaxy Home, at a consumer device event held last week. The new speaker […]

Elon Musk reveals he is working with Goldman Sachs and Silver Lake to help take Tesla private (TSLA, GS)

Elon Musk sheds more light on a possible deal to take Tesla private.Max Whittaker / Getty Images Elon Musk said via Twitter Monday evening that he was working on a proposal with Goldman Sachs and Silver Lake as financial advisors to take Tesla private.   In a statement on Monday, Musk also shared more details about […]

Trump responds to Omarosa tapes by describing her as a pathetic fool who cried and begged for work

Donald Trump, then the Republican presidential nominee Omarosa Manigault attend a church service in Detroit, Michigan.Thomson Reuters President Donald Trump responded to his former White House aide and TV costar Omarosa Manigault releasing taped conversations with a savage description of her work.  He described her as a “Wacky” woman who will never be successful and who […]

Magic Leap's futuristic goggles are finally launching — here's how much they cost and how to buy them

The former NBA star Shaquille O’Neal wearing Magic Leap One.Magic Leap Magic Leap’s long-awaited smartglasses are finally available to order in the United States. They cost $ 2,295 and will start shipping Wednesday for people in Chicago, Los Angeles, Miami, New York, San Francisco, and Seattle. The product is called Magic Leap One Creator Edition […]

People retire early for 2 reasons, and neither of them is money

Early retirement isn’t about the money.De Visu/Shutterstock When it comes to early retirement, there’s no discounting the importance of having enough money saved to retire early, but many early retirees will tell you the truth: money doesn’t really matter once you get there.  Brandon of the blog Mad Fientist, who retired at age 34, previously told […]

The Trump campaign rakes in millions of dollars in donations — here's where they're spending it all

Shayanne Gal/Samantha Lee/Business Insider President Donald Trump’s campaign has spent more than $ 6 million on business expenses in 2018. More than half of that was spent on lawyers and digital consultants. Campaign manager Brad Parscale’s firm received more than $ 2.8 million from the Trump campaign in the first half of 2018. President Donald […]