From Business Insider

  • The man who audited Trump's social media company misspelled his own name in 14 different ways: FT

    The accountant hired to audit former President Donald Trump's social media company seemed to have a lot of trouble spelling his name, the Financial Times reported on Wednesday.Ben F Borgers, the founder and managing partner of the accounting firm BF Borgers, spelled his name in 14 different ways in regulatory filings, the Financial Times reported, citing data it had reviewed from the Public Company Accounting Oversight Board.Some variations, like Ben F Brogers and Ben F orgers, appeared to be...

  • Even Gwyneth Paltrow is worried about becoming an empty nester

    Gwyneth Paltrow is nervous about becoming an empty nester when her son heads off to college this fall.During an "Ask Me Anything" session at her 11th In Goop Health summit over the weekend, Paltrow spoke about how she's managing this transition."It's kind of giving me a nervous breakdown, if I'm honest. I started being like, 'Oh my God, and I need to quit my job and I need to sell my house and I need to move.' It's sort of putting things into turmoil," Paltrow said, per The Hollywood...

  • Matty Healy says he hasn't 'really listened' to Taylor Swift's 'The Tortured Poets Department,' the most streamed album in the world right now

    Taylor Swift's "The Tortured Poets Department" may have broken multiple streaming records, but Matty Healy says he hasn't "really listened" to the album yet.Healy, lead singer of the band The 1975, was asked by paparazzi about his views on his "Taylor diss track" on Wednesday."My diss track? Oh! I haven't really listened to that much of it, but I'm sure it's good," Healy said of the album.Healy's response may surprise some, considering how fans have speculated that he is the subject of several...

  • McKinsey is under DOJ investigation for opioid work, recordkeeping

    Premier consultancy McKinsey & Company is under investigation by the US Department of Justice for its past work advising opioid manufacturers on how to juice sales, The Wall Street Journal reported on Wednesday.The probe is also investigating whether the firm or its employees obstructed justice relating to record-keeping.McKinsey has long been under scrutiny for its yearslong work with various drugmakers, including Purdue Pharma. The consultancy has paid nearly $1 billion to all 50 states,...

  • Meta underestimated the cost of AI

    Meta's first-quarter earnings report reveals the company's AI plans are costing more than anticipated.The tech giant is upping their estimate of capital expenses and expects the increase to continueas it invests "aggressively" in "AI research and product development efforts."The expenses are expected to be roughly $5 billion more than the original estimate, reaching between $35 and $40 billion. The original prediction was between $30 billion and $37 billion.Meta's minimum estimate for full-year...

  • Baltimore officials accused the ship that crashed into the Key Bridge of being 'unseaworthy' and leaving port even though its alarms had already gone off

    City of Baltimore officials on Monday accused the owner and manager of the ship that crashed into the Francis Scott Key Bridge of allowing the vessel to set sail despite it being "clearly unseaworthy."In a legal filing against Synergy Marine, the manager of the Dali, and Grace Ocean, the ship's owner, attorneys for the city accused both companies of being "grossly and potentially criminally negligent."The allegations came in response to a petition filed in Maryland federal court by the firms,...

  • Stock market today: Tesla kicks off Magnificent 7 earnings season

    US stocks looked set to open higher at the opening bell on Tuesday, as traders waited for Tesla to kick off a make-or-break Magnificent Seven earnings season.Shortly after 5 a.m. ET, S&P 500 futures were up 0.2%, while Nasdaq 100 futures had climbed 0.3%. Dow Jones Industrial Average futures traded flat.There was also muted trade in other assets, with yields on 10-year Treasury notes up 1 basis point to 4.63%. The US Dollar Index, which tracks the greenback against a basket of six other...

  • Celebrity handbag maker imprisoned for importing bags made of rare skins

    A luxury handbag designer was sentenced to 18 months in prison for illegally importing bags into the US made out of the pelts of protected species.Nancy Gonzalez, the 71-year-old founder of Gzuniga Ltd, sold the bags for an average price of more than $2,000, according to the Department of Justice.Victoria Beckham, Britney Spears, and Salma Hayek were reportedly among her clients, as well as cast members of "Sex and the City," the Associated Press reported.It's unclear if any of them bought...

  • Anne Hathaway says kissing 10 guys for '00s chemistry test was 'gross'

    Anne Hathaway said she had to make out with 10 guys in one day for a chemistry audition for a movie in the 2000s.Hathaway, who starred in several romantic movies in the 2000s such as "The Princess Diaries 2: Royal Engagement," "Ella Enchanted," and "Becoming Jane," told V Magazine in an interview published on Monday that kissing other actors used to be a normal part of chemistry readings during that period."Which is actually the worst way to do it," she said of the kissing test. "I was told, 'We...

  • A new version of TikTok that rewards you with Amazon vouchers and gift cards for watching videos is facing a crackdown in Europe

    Digital regulators in Europe are clamping down on a new feature by TikTok that rewards users for consuming videos and interacting with creators, citing addiction concerns among children.The European Commission said on Monday that it had opened formal proceedings against TikTok Lite, a spinoff version of the TikTok app that uses less mobile data and launched in Spain and France in March.A key draw to the new app is its "Task and Rewards" program, which allows users 18 or older to earn points by...

  • Dominic West says he and his wife 'joke about' Lily James drama

    Looking back at one of the most difficult times in his family's life, Dominic West can't help but laugh.In an interview with The Sunday Times, West addressed how he and his wife, landscape designer Catherine FitzGerald, dealt with the ensuing media storm after he was photographed kissing his costar Lily James in 2020."I hesitate to speak on my wife's behalf because it was obviously horrible, particularly for her," West said when asked whether there were any good things about his "moment of...

  • Trump loses access to $175M in civil fraud bond cash

    Lawyers for Donald Trump and the New York Attorney General's Office struck a deal Monday that will now keep the GOP frontrunner from having any access to the cash collateral for his $175 million civil-fraud bond.The agreement reached in civil court in Manhattan essentially moves the all-cash collateral to a Trump-proof lockbox. Only the bond underwriter, Knight Specialty Insurance Company, has the key.Previously, Trump and Knight shared control of the cash, a sticking point for the AG's...