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The demise of Red Lobster is a perfect case study in how to kill a business

Wed, 05/01/2024 - 06:27

Sure, Endless Shrimp turned out to be a horrible idea, but the problems at Red Lobster are much deeper than one bad promotion.

iStock; Adobe Stock; Rebecca Zisser/BI

Retail, Discourse, Real Estate, finance, restaurants, Bankruptcy, red-lobster

Here's everything we know about how Wall Street is adopting AI

Mon, 04/29/2024 - 13:17

future of data on wall street 2x1 — Samantha Lee/Business Insider

finance, AI, finance, wall-street, artificial-intelligence, es-how-ai-is-changing, sp-2023-aih-lp

Jefferies CEO sold $65 million in stock to buy a yacht from a client

Thu, 04/25/2024 - 02:18

Rich Handler and Tilman Fertitta — CEO of Jefferies Rich Handler (left) and CEO of Mastro's Restaurants Tilman Fertitta (right) attend the Mastro's Steakhouse Grand Opening Celebration on November 11, 2014 in New York City.
Rob Kim/Getty Images

finance, wall-street, Luxury

Don't ignore threats like inflation, recession, and war, warn Wall Street's biggest bosses

Sat, 04/20/2024 - 07:04

Tech Insider : Economy

Jamie Dimon — JPMorgan CEO Jamie Dimon.
AP Photo

finance, economy, trending-uk, finance, wall-street, us-markets-and-economy, Inflation

Taylor Swift's name is popping up on Wall Street earnings calls thanks to her massive impact on the US economy

Fri, 04/19/2024 - 13:26

Tech Insider : Economy, Economy

taylor swift — A close-up of Taylor Swift's jewelry at the Super Bowl.
Joe Camporeale/Reuters

economy, Markets, taylor-swift, stock-market, economy, Markets, wall-street

Jamie Dimon calls bitcoin a 'fraud' and a 'Ponzi scheme' — and says the crypto is hopeless as a currency

Thu, 04/18/2024 - 09:10

Tech Insider : Crypto

President and CEO of JPMorgan Chase Co. Jamie Dimon testifies before a Senate Banking Committee hearing on Capitol Hill June 13, 2012 in Washington, DC. — JPMorgan CEO Jamie Dimon is a vocal bitcoin skeptic.
Mark Wilson/Getty Images

finance, trending-uk, finance, jamie-dimon, JPMorgan, crypto, Bitcoin

A Wall Street firm wants to collect a $4 million breakup fee from a banker who never started his job. Judges will soon rule if that's legal.

Thu, 04/18/2024 - 06:39

money — Jefferies inserted a $4 million break-up fee in an offer contract and wants it to be paid.
Epic Cure/Shutterstock

finance, trending-uk, finance, wall-street, Jefferies, Banking, recruitment

Maybe Elon Musk shouldn't have quite so many jobs

Wed, 04/17/2024 - 12:31

Elon Musk collage with his face and US currency — Elon Musk runs lots of different companies, not just Tesla. But will investors be OK with that as Tesla's stock falls?
ODD ANDERSEN/AFP via Getty Images; Chelsea Jia Feng/BI

Transportation, Tech, Markets, Tech, tesla, twitter, x

Jamie Dimon made $183 million from selling JPMorgan stock

Tue, 04/16/2024 - 07:57

jamie dimon — JPMorgan CEO Jamie Dimon.
Chip Somodevilla/Getty Images

finance, trending-uk, finance, jamie-dimon, JPMorgan, Banks, wall-street

Wall Street still isn't fretting about geopolitics, even after Iran attacked Israel

Mon, 04/15/2024 - 06:47

The flags of Iran, left, and Israel, right. — The flags of Iran, left, and Israel, right.
Manuel Augusto Moreno/Getty Images

finance, Markets, finance, Markets, wall-street, investing-analysis, investing-outlook

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