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[ad_1] 2025-09-02T20:41:23Z Share Facebook Email X LinkedIn Reddit Bluesky WhatsApp Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. Multistrategy hedge funds were mostly positive in August, according to Business Insider sources. Firms like Ken Griffin’s Citadel made money for their investors, though many trailed equity markets. Michael Gelband’s ExodusPoint and Ari Glass’s Boothbay continued their strong years. Sprawling multistrategy hedge-fund giants are built to make money…

[ad_1] When the Kansas City Chiefs and Los Angeles Chargers kick off their season in São Paulo on September 5, it will mark the first of seven National Football League games taking place outside the United States. This is the NFL’s most demanding international season yet.”I think that the aggressive efforts Roger Goodell has undertaken seem to be paying off,” Andrew Zimbalist, an economics professor at Smith College, said of the NFL commissioner’s global strategy.But Zimbalist said the payoff from the league’s international push isn’t from a revenue standpoint — at least not yet.”They’re playing a longer-term game,” he said.…

[ad_1] A federal judge on Tuesday spared Google from a breakup after ruling that the tech company’s online search business is a monopoly.US District Judge Amit Mehta, in a 230-page ruling, barred Google from having exclusive contracts for its Google Search, Chrome, Google Assistant, and Gemini app products as part of his remedy to the more than $2 trillion company’s monopoly in search.But the ruling fell short of some of the most contentious demands from the US government. The Washington, DC-based federal judge said Google would not have sell off its Chrome browser or Android operating system.”Plaintiffs overreached in seeking…

[ad_1] Apple’s AirPods are some of our favorite wireless headphones. They’re an especially good fit if you’re looking for earbuds to pair with another Apple device, like an iPhone or MacBook. AirPods offer good sound quality, exclusive iOS features, and an iconic design. But with several to choose from, finding the best AirPods for your needs can be tricky. That’s why our reviewers tested every model to determine which AirPods are right for different uses. The best Apple AirPods for most people are the AirPods Pro 2. The Pro 2 are Apple’s flagship earbuds, and they have powerful active noise cancellation…

[ad_1] Amazon is further investing in AI-powered shopping experiences with Tuesday’s launch of Lens Live, a new AI-powered upgrade to its Amazon Lens shopping feature that allows consumers to discover new products through visual search, similar to competitors like Google Lens and Pinterest Lens. The tool will also integrate with Amazon’s AI shopping assistant, Rufus, for product insights, the retailer notes. Lens Live will not replace Amazon’s existing visual search tool, Amazon Lens, which lets you take a picture, upload an image, or scan a barcode to discover products. Instead, it brings a real-time component to Amazon Lens so you…

[ad_1] Income-seeking investors have the opportunity to grab double-digit yields in closed-end funds, according to Bank of America Securities. The firm believes some funds are a buy, despite the rally they’ve seen this year. Closed-end funds (CEFs) trade publicly on exchanges, but are different from exchange-traded funds and open-ended mutual funds in that they only offer a fixed number of shares. Due to that, the share price may trade at a discount or a premium to their net asset value. “While valuations are not that attractive, yields on cash are expected to fall in coming quarters as the Fed cuts…

[ad_1] OpenAI announced in a blog post on Tuesday that it agreed to acquire the product testing startup Statsig, and bring on its founder and CEO, Vijaye Raji, as the company’s CTO of Applications. OpenAI is paying $1.1 billion for Statsig in an all-stock deal — one of the largest acquisitions ever for the ChatGPT maker — under the company’s current $300 billion valuation, OpenAI spokesperson Kayla Wood told TechCrunch. The acquisition marks OpenAI’s latest effort to build out its Applications business, helmed by the former CEO of Instacart, Fidji Simo, who started work at the company a few weeks…

[ad_1] Goldman Sachs added four new stocks to its September conviction list, including some of the country’s best-known brands plus a few energy plays. The stocks are included in the investment bank’s “Conviction List – Directors’ Cut” group of buy-rated companies. As part of its monthly reshuffling, Goldman Sachs placed McDonald’s , Walmart , Cadence Design Systems and Valero Energy on its list of most recommended stocks for September. While two stocks were removed, Viper Energy and Insmed , removals don’t always represent a change in Goldman’s fundamental investment rating on a stock. Goldman’s list now features 22 stocks that…

[ad_1] WeWork cofounder Miguel McKelvey might have left the company in 2020, but the guilt stayed with him.As chief culture officer, McKelvey promoted employee wellbeing at the embattled workspace company. Former employees told Business Insider that he welcomed them personally during their new-hire orientations.Many of those employees were laid off after WeWork’s failed IPO and SoftBank bailout, which also led to McKelvey’s cofounder Adam Neumann’s resignation. Recently, on the “Scale with Soul” podcast, McKelvey described the guilt he felt — and how he learned to let it go.”I achieved some degree of wealth from WeWork and a lot of other…

[ad_1] Influencers helped President Donald Trump win the presidency. Now, they’re getting a reward on their tax bills.As part of Trump’s “no tax on tips” policy, digital content creators will be able to claim a tax deduction next year on the portion of their income that comes from tips, a Treasury spokesperson confirmed to Business Insider.In a draft list of qualifying occupations provided to BI and first reported by Axios, the Treasury describes digital content creators as people who “produce and publish on digital platforms original entertainment or personality-driven content, such as live streams, short-form videos, or podcasts.”They list streamers,…