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[ad_1] The “slop bowl” battles are heating up in the international market, with Chipotle announcing this week that it will expand into Singapore and South Korea.New Chipotle restaurants will open in the countries in 2026, the company’s first foray into Asian markets, as part of a partnership with SPC Group, a leading South Korean-based food company.”Both markets have large, fast-growing out-of-home dining cultures that prioritize real food, and consumers are highly familiar with American brands like Chipotle through education, travel, and social media conversations among relevant celebrities,” a Chipotle spokesperson told Business Insider about the expansion. “Operationally, the dense urban…

[ad_1] Welcome back to our Sunday edition, where we round up some of our top stories and take you inside our newsroom.On the agenda today:But first: Quitting? In this economy?If this was forwarded to you, sign up here. Download Business Insider’s app here.This week’s dispatchIt’s time to goQuitting a job can be a tantalizing idea — especially when so few people are actually doing it.The worker quit rate across the country has been around 2% for much of the year. Excluding the beginning of the pandemic, that’s near the lowest it’s been since 2018, according to the Labor Department.More people…

[ad_1] After years of being at sellers’ mercy, homebuyers can finally breathe.In markets where inventory is outpacing demand and contracts are falling through, sellers are getting desperate.This is an opening for motivated buyers: homebuilders and homeowners are cutting asking prices and, in some cases, offering incentives or concessions.”There are more homes to fill than there are buyers out there,” Daryl Fairweather, chief economist at Redfin, told Business Insider. “Those are going to vary by geography, but especially in places where there’s a lot of new construction, it is a buyer’s market.”While Fairweather says homebuilders are generally more willing to negotiate…

[ad_1] For years, Elon Musk has consistently argued that one of the greatest threats to civilization is collapsing birth rates.The billionaire CEO believes that declining fertility could hollow out economies, weaken workforces, and leave the West unable to sustain itself.In an X post last week, he wrote: “Low birth rate is the number one threat to the West. There will be no West if this continues.”In August, Musk amplified a warning from political commentator Tim Pool, who wrote: “The population isn’t ‘collapsing’ — it has collapsed. The shoreline is receding and no one understands the tsunami about to hit us.”…

[ad_1] There’s a fierce battle underway in Silicon Valley, and there’s one piece of technology at the center of it all: AI.When OpenAI released its AI-powered chatbot, ChatGPT, in 2022, it introduced large language models to the broader public and was embraced by business leaders. It also cast a glaring spotlight on its competitors, some of whom raced to release their own AI-powered chatbots.The growing number of LLMs poses a tricky question for companies determining which model to use.Sriram Thiagarajan, Ancestry’s chief technology officer and executive vice president of product and technology, told Business Insider that the company is taking…

[ad_1] What factors do you weigh when mulling a job change? A better salary? Greater work-life balance? A fancier title or more direct reports?Google’s Yulie Kwon Kim always had one other key consideration before making any job switches.”Every change that I made was not about ‘what is the next big job?’, but ‘what is the next thing I want to learn?'” Kim told Business Insider. “It’s kind of funny because in many ways I have this big job, but I never was looking for how do I get a bigger role or a title.”Today, Kim is the VP of Product…

[ad_1] Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Borrowing costs for a number of French companies have fallen below those of their government, as investors’ worries over the country’s political crisis and growing debt pile upset the typical relationship between sovereign and corporate bonds.Yields on the bonds of groups including L’Oréal, Airbus and Axa have sunk below those on French government debt of similar maturity in recent weeks, according to data compiled by Goldman Sachs, in a sign that investors may see them as a safer bet.The moves have…

[ad_1] California’s state senate gave final approval early on Saturday morning to a major AI safety bill setting new transparency requirements on large companies. As described by its author, state senator Scott Wiener, SB 53 “requires large AI labs to be transparent about their safety protocols, creates whistleblower protections for [employees] at AI labs & creates a public cloud to expand compute access (CalCompute).” The bill now goes to California Governor Gavin Newsom to sign or veto. He has not commented publicly on SB 53, but last year, he vetoed a more expansive safety bill also authored by Wiener, while…

[ad_1] Elon Musk’s AI startup xAI laid off 500 team members on Friday night, according to internal messages viewed by Business Insider. These emails reportedly announce an immediate “strategic pivot,” with the company deciding to  “accelerate the expansion and prioritization of our specialist AI tutors, while scaling back our focus on general AI tutor roles.” “As part of this shift in focus, we no longer need most generalist AI tutor positions and your employment with xAI will conclude,” xAI reportedly wrote. According to Business Insider, these cuts represent about one-third of xAI’s 1,500-person data annotation team — the team that…

[ad_1] The US could be on the hook for between $750 billion $1 trillion, if the Supreme Court overturns the president’s tariffs.Legal experts told Business Insider that this figure shouldn’t factor into the Supreme Court’s decision on whether the tariffs are legal, which they see as a matter concerning the Constitution.After two lower courts ruled President Donald Trump’s sweeping emergency tariffs illegal, the Supreme Court granted the administration’s petition to hear and expedite the case on Wednesday.Trump’s team claimed in the petition that the economic consequences would be “ruinous” for the country should the tariffs be struck down.”For example, delaying…