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Showing posts from February, 2026

A research report warning of an AI-driven recession and stock crash has gone viral and spooked investors

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Craig T Fruchtman/Getty Images The AI trade has boosted markets, but one market research firm has a warning for investors. Citrini Research's hypothetical scenario sees AI leading to a stock crash and a consumer-led recession. The report was among the catalysts causing fresh volatility in software stocks on Monday. The AI trade has boosted the market for years now, with its rapid growth being felt by the broader economy as companies keep spending. However, one research firm thinks the AI story will not end well for investors or everyday Americans. Stocks tumbled on Monday after a report circulating online from Citrini Research raised fresh fears about the impact of AI. The Dow was down by more than 800 points around midday, and the Nasdaq fell more than 1%. Software stocks were among the biggest losers, with names including AppLovin , Asana , DocuSign , and Zscaler down sharply. Citrini, a firm focused on thematic equity investing, theorized about the long-term imp...

Trump's Netflix threat is a warning to every CEO

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Donald Trump wants Netflix to drop a board member. It's unlikely that will be his last demand of corporate America. Mandel NGAN / AFP via Getty Images President Donald Trump wants Netflix to boot board member Susan Rice. Netflix wants Trump's approval for its planned purchase of Warner Bros. Discovery. Corporate governance isn't supposed to involve the White House. But that's the new normal in Trump 2.0. Netflix wants President Donald Trump's stamp of approval as it maneuvers to buy Warner Bros. Discovery. Now, Trump has a demand for Netflix: unseat board member Susan Rice . In normal times, we would all be marveling at the spectacle of the US president telling a company in the midst of a merger fight ( Paramount also wants to buy Warner Bros. Discovery ) how to structure its board. During Trump 2.0, though, this has become standard stuff. Trump routinely tells companies to fire someone he doesn't like or do something he does like. That doesn't m...

Blizzard triggers New York City travel ban as airlines cancel thousands of flights

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Canceled flight at LaGuardia Airport ahead of massive i=winter storm. CHARLY TRIBALLEAU / AFP A significant winter storm will pummel much of the Northeast from Sunday to Monday. Airlines are delaying and canceling thousands of flights as a result. Adding to the travel chaos, Homeland Security said it would shut down TSA PreCheck and Global Entry. The Monday morning commute won't be messy in New York City. It will be nonexistent. New York City Mayor Zohran Mamdani declared a state of emergency and a travel ban during a press conference on Sunday as a giant winter storm bore down on much of the Northeast. The National Weather Service said to expect blizzard conditions and up to 20 inches of snow over the next 24 hours. Parts of New Jersey, Rhode Island, and Massachusetts could get up to 25 inches. "The state of emergency closes the streets, highways, and bridges of New York City for all traffic," Mamdami said. The travel ban begins at 9 p.m. Sunday and lasts un...

How to watch Olympic Ice Hockey: Live stream 2026 Winter Games free from anywhere

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When you buy through our links, Business Insider may earn an affiliate commission. Learn more Geoff Burke/IMAGN IMAGES via Reuters Connect The final days of the Winter Olympics have arrived, and the race is on for the gold. We've gathered everything you need to know about how to watch Olympic ice hockey, including free and global streaming options. Ice hockey has become one of the most anticipated parts of the Winter Olympics over the past 100 years, and the stakes are only heightened after last year's frosty Four Nations Face-Off. Additionally, there's an added layer of hype as it's the first time in over 10 years that NHL players are allowed to compete. Canada has historically dominated ice hockey in both the men's and women's tournaments, but the United States women's team beat their northern neighbours to the gold this week. The USA and Canada will meet again as the men's teams compete in the gold medal match on Sunday. The men's bronze m...

Where to watch college basketball: Live stream the remainder of the 2026 season

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When you buy through our links, Business Insider may earn an affiliate commission. Learn more The UConn women's team and Michigan men's team have put up two of the most impressive runs so far in the 2025-2026 college basketball season. Kamil Krzaczynski/IMAGN IMAGES via Reuters Connect As the college basketball regular season reaches its last couple of weeks and March Madness approaches, it might be time to start tuning into games to help determine your bracket. We've gathered everything you need to know about where to watch college basketball, including live streaming options for those without cable. The UConn Huskies women's team and Florida Gators men's team won their respective National Championships in 2025, and it's safe to say that both teams started the season looking to go back-to-back. UConn has held up its end of the bargain, currently undefeated and ranked No. 1 at the time of writing. Currently ranked No. 12, the Gators have had a trickier sea...

We paid $9,000 for the cheapest room on an ultra-luxury Caribbean cruise. See inside our ship and 302-square-foot suite.

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When planning a multigenerational trip to the Caribbean during the busy holiday season, our family settled on an ultra-luxury cruise. David Morris We booked the least expensive suite on a Seabourn ultra-luxury cruise for about $9,000. After crunching numbers and seeing high-end resort prices, this felt reasonable for a family trip. We loved getting to see lots of new places and not worry about having to plan our meals. I paid $9,000 for what was technically the cheapest room on an ultra-luxury cruise — a price that initially felt steep until I compared it with alternatives. My family had been planning a multigenerational trip to the Caribbean during the busy period between Christmas and New Year's Eve, which is also one of the most expensive travel weeks of the year. We wanted something that felt indulgent without becoming logistically exhausting or financially disproportionate once all the extras were added up. At first, we looked at high-end beach resorts , but the...

Great news for xAI: Grok is now pretty good at answering questions about Baldur’s Gate

A new report from Business Insider reveals that high-level engineers at xAI were pulled off other projects to make sure Grok could answer detailed questions about the video game "Baldur's Gate." from TechCrunch https://ift.tt/zAQuyJV via IFTTT

How I created a $20 million luxury ice company

Richard Boccato created a business that transforms 300-pound blocks of filtered tap water into hand-cut cubes, spheres, and custom-engraved ice. His company, Hundredweight Ice, based in New York City, harvests more than 3 million pounds of ice a year and generated $3 million in revenue in 2025. What began in 2009 with chainsaws and clothing irons inside a bar basement has grown into a multimillion-dollar operation serving hundreds of clients, including more than 20 Michelin-starred restaurants. Read the original article on Business Insider from Business Insider https://ift.tt/8H3bFoW via IFTTT

What's it like to work for Elon Musk? X's product head describes small, flat teams with weekly reviews from Musk himself

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Nikita Bier said that Elon Musk's X was "essentially operating like a startup." Marc Piasecki/Getty Images Want to work for one of Elon Musk's companies ? Expect small, flat teams. X product head Nikita Bier compared his experience at X to past jobs at Meta and Discord on the "Out of Office" podcast. Bier said that Musk holds "weekly reviews" of one or two slides with every X engineer. One of Elon Musk's lieutenants at X is sharing what it's like to work in the trenches with him. There are some trademarks of a Musk company, whether it be Tesla, SpaceX, or xAI . His teams are flat, his schedule is jam-packed, and his expectations are high. In the lead-up to a big launch, expect to grind out some long hours . X's head of product, Nikita Bier, recently opened up about working under Musk on the " Out of Office " podcast, contrasting it with his past work at Silicon Valley staples like Discord and Meta. Bier described a...

Armed with longer-range missiles, a top Russian fighter jet is posing a bigger threat, analyst says

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Russia's Su-35s are one of its most imporant jets, and a longer-range missile makes them more of a threat. : Andia/Universal Images Group via Getty Images Russia is increasingly arming a top jet with much longer-range missiles than it used to carry, an airpower analyst assessed. That makes them a much more credible threat to NATO aircraft in a potential conflict, the expert said. Russia's fight in Ukraine is improving its crews and defenses, making it more dangerous, he said. Russia's Su-35 fighter jets are increasingly flying with longer-range air-to-air missiles that make them a potentially greater threat to NATO air operations , a leading airpower expert assessed in a recent report. Justin Bronk, a researcher at the UK-based Royal United Services Institute, said in his assessment of Russian air power that regularly arming Su-35 and Su-30SM2 jets with R-37M missiles "has significantly contributed to increasing the threat that they can theoretically pose to...

Climactic launches hybrid fund to get startups through the ‘valley of death’

The new project, called Material Scale, will initially focus on climate tech startups in the apparel industry. from TechCrunch https://ift.tt/hx9OvWz via IFTTT

Celebrity deaths 2026: Remembering the famous people we lost this year

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Robert Duvall. Franco Origlia/WireImage/Getty Actors Robert Duvall, James Van Der Beek and Catherine O'Hara died in 2026. So did "Dilbert" creator Scott Adams, Grateful Dead's Bob Weir, and designer Valentino Garavani. Legendary independent film director Béla Tarr also passed away. Below, we look back at those we lost in 2026, listed in alphabetical order. Scott Adams, 68 Scott Adams. Michael Macor/Getty Images Adams based the character in his beloved "Dilbert" comic strip on his coworkers at the telephone company he worked at in the 1980s. By the end of the decade, the character and his satirical office humor began appearing in comic strips. At its peak, "Dilbert" was syndicated in over 2,000 newspapers. A cartoon series debuted in 1999 and ran for two seasons. Adams gained notoriety when he began writing blog posts praising Donald Trump during his 2016 presidential run. In 2023, "Dilbert" was pulled from newspapers acro...

Tesla pulls the plug on one-time purchases of FSD

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Edie Leong for The Washington Post via Getty Images Tesla eliminated the option to purchase Full Self-Driving with a one-time fee over the weekend. Previously, Tesla offered FSD as an $8,000 one-time purchase option. Musk has said he plans to hike FSD subscription prices as its capabilities improve. Tesla has shifted its Full Self-Driving feature to a subscription model. Over the weekend, the company removed the option to purchase the feature in the US via a one-time flat fee of $8,000. For years, Tesla owners have been able to purchase the service with a one-time payment that would allow them to use it for the full lifespan of their vehicle. Now, the driver-assist feature is available only via a $99-per-month subscription. Tesla CEO Elon Musk first announced in January that the change would take effect the following month. In the past, Musk has said that Teslas would serve as "appreciating assets," suggesting owners could benefit as the software became increas...

Have money, will travel: a16z’s hunt for the next European unicorn

According to a16z, it has eyes around the world in order to spot companies as early as local funds might. from TechCrunch https://ift.tt/TiWMNQ4 via IFTTT

Lawsuits or billion-dollar deals: How Disney picks its AI copyright battles

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Disney sent a cease-and-desist letter to ByteDance after its new video generation model, Seedance 2.0, produced AI versions of its characters. It took a very different approach, however, when OpenAI's Sora did the same. Handout/Getty Images Disney's IP is under siege by the AI industry's 'ask for forgiveness, not permission' culture. Disney sent a cease-and-desist to ByteDance, saying it 'hijacked' its characters with Seedance 2.0. When OpenAI's Sora was used to create Disney characters, however, the House of Mouse struck a deal. No, Disney did not release footage of a never-before-seen fight sequence between Marvel's Wolverine and Thanos (spoiler: Thanos won). That clip, which amassed over 142,000 views on X over 48 hours, was created using Seedance 2.0 , an AI video generation model that ByteDance debuted last week. The tool created a buzz on social media, where one user made a hyperrealistic AI video of Tom Cruise and Brad Pitt fighting ...

I bought a house with my best friend. It's the best living situation I've ever had.

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Sarai Saez Rogers bought a house with her best friend after both got divorced. Courtesy of Sarai Saez Rogers Sarai Saez Rogers bought a house and moved in with her best friend in Utica, New York. Both women have said that this has been the best living situation they've ever had. Living together hasn't affected their romantic relationships with others. This as-told-to essay is based on a conversation with Sarai Saez Rogers, a 36-year-old mom. It has been edited for length and clarity. When Claire, my best friend for over 10 years, and I laid eyes on the late-18th-century duplex with a big front yard , we knew it was the perfect house to buy together. We'd gotten to know each other in New Mexico, where both of our husbands were stationed while in the military . For 10 years, we were each other's community. Neither of us had family around, so we had to make our own support systems. We both got divorced My husband and I divorced , and there was a six-month peri...