April 19, 2019

BlackBerry Messenger will soon be the latest messaging service to die

BBM, formerly known as BlackBerry Messenger, will be shut down on May 31. Emtek, the company that now runs the messaging service, tried to revive it, but said that "users have moved on." BBM users will need to download their ...
April 19, 2019

Meet the ex-Facebook advisor who pitched Richard Branson while kiteboarding (FB)

Karl Jacob pitched his startup LoanSnap to Richard Bransonduring a kiteboarding trip and walked away with the billionaire's backing for its $8 million Series A in 2018. Jacob was an early advisor to Facebook, and says his exp...
April 18, 2019

Wall Street opens higher after strong retail sales data

U.S. stocks opened higher on Thursday, aided by upbeat results from industrial companies and a stronger-than-expected rise in March retail sales that pointed to a robust domestic economy.
April 18, 2019

Jet Airways shares plunge, rivals race to grab grounded carrier’s slots

Jet Airways Ltd shares plunged on Thursday, battered by fears about whether the grounded Indian airline would fly again, even as carriers like rival SpiceJet rushed in to plug a supply gap in the wake of their rival's demise.
April 17, 2019

50 Cent was reportedly spending $70,000 a month on his 52-room Connecticut home. We asked 3 realtors to break down the ‘invisible’ costs of owning a mansion.

50 Cent recently sold a $2.9 million Connecticut mansion that was reportedly costing him $70,000 per month to keep. Such large estates can carry "invisible" costs that quickly add up to tens of thousands of dollars, according...
April 17, 2019

Peru’s former president killed himself shortly before police came to arrest him over a long-running bribery scandal

Warning: Contains details of suicide. Alan García, the former president of Peru, is dead after shooting himself in the head as police came to arrest him over bribery allegations. Martín Vizcarra, the current president of Peru...
April 17, 2019

Roche lifts 2019 outlook after first-quarter sales beat

Swiss drugmaker Roche raised its 2019 outlook after first-quarter sales rose 8 percent, beating analyst estimates on the strength of newer medicines including multiple sclerosis treatment Ocrevus and cancer immunotherapy Tecentriq.
April 17, 2019

Oil prices rise for a second day on China demand, U.S. stockpile drop

Oil prices rose for a second day on Wednesday on signs of strong demand from refineries in China, the world's second-largest crude user, amid tightening supply as producers curtail output and as oil inventories in the United States fell unexpectedly.
April 16, 2019

Bank of America beats, posting record quarter with $7.3 billion in profits (BAC)

Bank of America beat expectations with first-quarter earnings results of $0.70 per share and record profits of $7.3 billion. Visit BusinessInsider.com for more stories Bank of America announced first-quarter earnings results...
April 16, 2019

A Jeff Bezos-backed startup just inked a deal with $84 billion biotech Gilead to make drugs for a troubling and increasingly common disease (GILD)

Pharmaceutical giant Gilead is teaming up with Silicon Valley startup Insitro to develop better drugs for a quietly emerging disease called NASH. Short for non-alcoholic steatohepatitis, NASH can lead to liver failure and is ...