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Two Jump Trading stars exit the quant giant — and one of its most profitable units

Chicago-based Jump Trading.Jump TradingStar quants Yiming Zhang and Darko Kirovski are leaving systematic trading powerhouse Jump Trading.The influential researchers worked in the HFT's vaunted Jump Core Strategies group.Jump Trading had a record quarter in the first quarter of 2026, amid market turbulence.Two top researchers at Jump Trading Group are leaving the quantitative trading firm.Yiming Zhang …

Some ships are sailing through the Strait of Hormuz. Others are turning around. Here’s what ‘completely open’ looks like for now.

A commercial vessel seen sailing toward the Strait of Hormuz amid the ongoing ceasefire.Shadi J. H. Alassar/Anadolu/Getty ImagesThe Strait of Hormuz is "completely open" to commercial traffic, Iran announced Friday.Real-time data showed a small number of vessels sailing through the waterway, though others turned around.Tehran appears to be steering ships through its waters, and a …

Airlines are canceling flights as they face jet fuel shortages and rising prices brought on by the Iran war

United and other airlines are cutting flights over high jet fuel costs and shortages.Justin Sullivan/Getty ImagesJet fuel costs and supplies across the globe are under pressure from the US and Israeli war on Iran.Some major airlines are canceling flights in response.One airline exec described fuel prices as his business's most serious challenge.First, the war made …

Billionaire Netflix cofounder Reed Hastings is leaving the company

Reed Hastings will leave Netflix this summer.Kevin Dietsch/Getty ImagesReed Hastings, who helped start Netflix in the late 1990s, is leaving the company's board.Hastings, who was CEO until 2023, will focus on "philanthropy and other pursuits," Netflix said.Co-CEO Ted Sarandos said Hastings modeled "a selfless, disciplined leadership style."Netflix cofounder Reed Hastings will soon leave the company …

Emma Grede was criticized for saying she’s a ‘three-hour’ mom. We asked 4 ambitious working moms what they think.

Emme Grede was criticized for saying she's a "max three-hour mum" on the weekends in a recent profile.Craig Barritt/Getty Images for Emma GredeEmma Grede's comment on being a "max three-hour mum" on weekends sparked a heated parenting debate.Grede's remarks highlight the challenges faced by ambitious working moms.Business Insider spoke to four high-achieving moms. Some agreed …