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Summary List PlacementAs chief operating and financial officer at the UK-based luxury brand Burberry, Julie Brown is one of the few women to hold an executive leadership role in a major global business. Brown is a finance and business veteran. She worked for almost a decade at the pharmaceutical company AstraZeneca, taking different senior financial and commercial roles. She was then appointed chief financial...

Summary List PlacementOver the past few years, "ESG" has gone from a buzzword to becoming an indispensable part of the risk assessment process in many major firms. But indispensable doesn't necessarily mean affordable. Some of the world's most famous stocks that meet the environmental, social and corporate governance requirements for entry into green portfolios are trading at eye-watering premiums to the rest of the...

Summary List PlacementOn Tuesday, Twitter was abuzz with rumors of a hack of the social media platform Parler, favored by conservatives and allies of President Donald Trump. A screenshot of stolen files was posted and reposted as truth. But there was no hack of Parler. The screenshot was, by all appearances, spurious.  But in the midst of the rumors, an actual breach of Parler...

Summary List Placement Europe's tech investors are piling into dark store startups, hoping that superfast grocery delivery can disrupt retail in the way food delivery apps revolutionized takeaway. A dark store is essentially a grocery store without customers, dedicated to fulfilling online deliveries of groceries and other supplies. Buying your weekly food supply online is an established concept, but the new wave of dark...

Summary List Placement Alphabet life sciences company Verily is shutting its Shanghai office in an exit from China, according to sources familiar with the plan. A company spokeswoman confirmed the office closure to Business Insider. Employees in the Shanghai office were informed of the plans earlier today. A spokeswoman refused to say how many employees were affected, but said the number was fewer than...

Summary List PlacementRepublicans eyeing a 2024 presidential run have a huge problem. The man they have stood behind for the last four years is now standing in their way. President Donald Trump has already frozen the budding field of 2024 White House hopefuls with his own plans to run again in four years, according to eight GOP strategists who talked to Insider. His loss...

Summary List Placement One digital media giant BuzzFeed is acquiring another, Verizon-owned HuffPost, in an all-stock deal that brings together two companies that have struggled to get profitable with big staffs to support and ad revenue declines in the pandemic. As part of the deal, Verizon Media is paying BuzzFeed an undisclosed cash investment and will be a minority shareholder in BuzzFeed, according to...

Summary List Placement In the age of Gmail, Slack, Zoom, and other cloud-based office tools, business owners and managers might be lulled into thinking that a remote workf is going fine. While these tools certainly have made it easier to get people out of the office, managing remote teams requires a lot more than simply being available online. "It's a mistake to assume you'll...

Summary List Placement About a decade ago, Ben Ling was going about his business as a senior director of product management at Google overseeing its crown jewel, its search products, when he received a surprise phone call from Vinod Khosla, the legendary founder of Khosla Ventures. Top execs at major tech firms hear from VCs all the time, but usually those calls involve things...

Summary List Placement Amazon's multibillion-dollar cloud business Amazon Web Services has lost at least two chief financial officers this year. An Amazon spokesperson on Thursday confirmed Sean Boyle — the former CFO who "moved on to another role within AWS" in January — is no longer with the company, but declined to provider further details. Boyle's replacement, Luis Visoso, has also left the company....

Summary List Placement The buy now, pay later lender Affirm, which was founded in 2012 by PayPal cofounder Max Levchin and issues microloans to shoppers primarily online, just unveiled paperwork to go public. Buy now, pay later has been having a moment in 2020. Affirm, which enables online shoppers to use microloans to split up payments on goods they purchase online, has touted its reach...

Summary List Placement Point-of-sale financing has been around for a while. From in-store layaway to store-branded credit cards, retailers have always used financing as a way to convert browsers to buyers.  But over the last several years, a cohort of fintechs have cropped up offering a new way for retailers to boost sales: buy now, pay later. From no-interest, two-week installment plans to longer-term...

Summary List Placement Rolex is taking its advertising in house after having ad holding company WPP handle the business for 74 years, according to people with knowledge of the matter. They said Rolex is building a custom creative agency in Europe, which means WPP will eventually lose most or all of the business, which one source estimated brings around $30 million in revenue a...

Summary List PlacementEmployees of Chris Krebs, the nation's top cybersecurity official who was fired Tuesday by President Donald Trump on Twitter, say he protected them from pressure from the president for months.  "We knew for a few months before the election that doing non-partisan work to protect the election would be seen as a threat by the president, especially when it comes to disinformation,"...

Summary List Placement Food companies from Kellogg to Tyson have gotten into plant-based proteins with a flurry of new product launches in the last couple of years. But Unilever is going a step further: it wants to sell €1 billion, or $1.19 billion, in plant-based foods annually over the next five-to-seven years. That level of growth would represent a quintupling of the €200 million...

Summary List Placement Ever since Amazon bought the online pharmacy PillPack in 2018, industry insiders have been waiting for Amazon's big move into the prescription-drug business.  On Tuesday, it finally came, triggering a sell-off of shares for distributors, retail pharmacies, and health plans alike. "Whenever Amazon launches a new endeavor, the immediate reaction is that it will destroy the existing industry, so this morning's...

Summary List Placement The CEO of $9 billion cybersecurity startup Tanium said during a break in his online conference Monday that the behemoth startup is on track to hit a major revenue milestone. Orion Hindawi, co-founder and CEO, Tanium, told Business Insider in an interview that "we'll make $600 million this year," referring to the company's fiscal year, which ends in January.  Tanium, one...

Summary List Placement Airbnb revealed its initial public offering documents on Monday, and noted Google's push into the travel sector as one of many potential risks to its business. In fact, the company said its search engine rankings had already been "adversely" affected by Google launching its own price comparison tools for travelers. "We believe that our SEO results have been adversely affected by...