Alina Rudya/Bell Collective/ Getty ImagesThis post originally appeared in the BI Today newsletter.You can sign up for Business Insider's daily newsletter here.Forget happy hour. Try playing hooky."We need it! Reparations for our pain and suffering," my friend, Lauren Grove, texted me.It was right after a February blizzard had dumped more than 12 inches of snow …
Jenn Jamali and her daughterCourtesy of Jenn JamaliJennifer Jamali moved to Bogotá, Colombia, in 2025 to be closer to family and reduce living costs.Jamali, 34, moved with her husband and their young daughter.She said her family has a much better quality of life in Bogotá, and she's happier.Jennifer Jamali lived in a quiet Austin suburb …
Saks Fifth Avenue's Chicago location is among the 20 locations that the company is shutting down.Courtesy of Saks GlobalSaks Global is closing more stores, including locations of its flagship brand and Neiman Marcus.In January, Saks filed for bankruptcy after failing to pay vendors for over a year.The company says it is now focusing on the …
Nintendo sued the Trump administration for a tariff refund.Riccardo Milani / Hans Lucas / AFP via Getty ImagesCompanies are seeking refunds from Trump's International Emergency Economic Powers Act tariffs.The Supreme Court ruled on February 20 that Trump's tariffs are illegal.These corporations filed lawsuits against the Trump administration to get refunds.Top global companies want their money …
Many airlines have been flying over the Caucasus since the strikes on Iran.Flightradar24More airplanes have been re-routing through the Caucasus since Saturday's strikes on Iran.Azerbaijan closed part of its airspace after an airport was hit by a drone on Thursday.It's the latest country to be dragged into the conflict.A narrow flight corridor that's become vital …
Netflix co-CEO Ted Sarandos has spent years people should be able to see big movies at home, without going to theaters. Now he's changing his tune.Rich Polk/2026GG/Penske Media via Getty ImagesThis post originally appeared in the Business Insider Today newsletter.You can sign up for Business Insider's daily newsletter here.Paramount is setting the stage.David Ellison has …
Jack DorseyRolf Vennenbernd/picture alliance via Getty ImagesNaoko Takeda wrote on LinkedIn that Block offered her a pay bump and retention bonus after its recent layoffs.Takeda said she quit instead. "That's not an honor. It feels shameful and dehumanizing," she wrote.Business Insider viewed messages in which two employees said their retention bonuses were $60,000 and $80,000.Survived …
Demarre Johnson shared some behind-the-scenes shots of the photo shoot's inspiration. Demarre JohnsonAn article profiling four young finance bros in designer clothes has gone viral.One of them told Business Insider that he expected a big reaction because "controversy sells."Meme accounts have mocked the piece, which violates Wall Street's unspoken rule against flashiness.Demarre Johnson usually keeps …
Target's newest location in North Carolina is the first of 30 openings planned for this year.TargetTarget will open its 2,000th store in March in a suburb of Raleigh, North Carolina.The 148,000 square-foot location is the first of 30 openings planned for this year.The company is doubling down on physical retail as it looks to reverse …
Blackstone CEO Steve SchwarzmanJim Watson/AFP/Getty ImagesThis post originally appeared in the Business Insider Today newsletter.You can sign up for Business Insider's daily newsletter here.The credit might be private, but the problems are becoming pretty public.A once-wonky corner of Wall Street that's exploded in recent years is facing increased scrutiny.But what even is private credit? Why …
