BI Prime Markets 2020-04-21T15:48:00Z
Oil worker

The price of US crude oil just went negative for the first time. Here's what that really means and why it's not free to fill up your car.

US crude oil on Monday was trading in negative territory for the first time. That means producers will pay people to take oil from them.
BI Prime Strategy 2020-04-21T15:45:21Z
Online Class

How to become a highly successful online tutor and make a lucrative living as virtual learning becomes the norm

Online tutors are seeing income increases worldwide amid the pandemic, while online education companies are experiencing major gains.
BI Prime Tech 2020-04-21T15:30:00Z
Anis Uzzaman Pegasus

'We're seeing this as an opportunity': Here's how Pegasus Tech Ventures is leveraging its unusual 'VC-as-a-service' business model to invest in startups like Quibi amid the downturn

The company just partnered with Japan's Asahi Broadcasting Corporation to launch a new $200 million fund, to invest in emerging media and tech.
BI Prime Strategy 2020-04-21T14:25:14Z

A Polish couple went from running a personal training studio to becoming fitness influencers with over 1.7 million YouTube subscribers — and they're set to launch an app this year. Here's how they did it.

Only about 10% of the Fit Lovers' annual revenue comes from YouTube. Fifty percent is derived from partnerships with brands, while 40% is merch sales.
BI Prime Strategy 2020-04-21T14:19:00Z

How to write an email that gets the hiring manager's attention at your dream company

Sending an email to your dream company? We asked a career expert how to write a message that catches the hiring manager's eye.
BI Prime Science 2020-04-21T14:16:56Z

Acclaimed tech investor Mary Meeker reveals the 5 ways coronavirus will upend the way we go to the doctor

The coronavirus pandemic exposed key flaws in the healthcare industry, Meeker wrote, including that most care still happens in person.
BI Prime Advertising 2020-04-21T14:06:00Z

Live sports like NBA games are evaporating, leaving marketers with billions of ad spend to reallocate

Delayed and canceled live sports events this year has scuttled plans for advertisers that typically spend billions on TV advertising.
BI Prime Media 2020-04-21T13:35:00Z

Quibi recruited top execs from Snap and Netflix to lead its entry into the streaming wars. Here are the 14 power players who bet on the startup's vision of changing mobile video.

Quibi has recruited some notable Hollywood and Silicon Valley alum but also had some high-profile departures ahead of launch.
BI Prime Finance 2020-04-21T13:19:00Z

Goldman Sachs is teaming up with JetBlue to help you book vacation now, and pay later. Here's a look at why it's a growing trend for travelers.

Goldman launched MarcusPay last week, a point-of-sale financing product that lets consumers pay in monthly installments for purchases over $750.
BI Prime Strategy 2020-04-21T13:06:00Z

Millions of Americans have been laid off or furloughed. Career experts break down 8 steps to take right now if you're worried you might be next.

Consider working on your career development when you'd normally be socializing outside. Experts recommend online courses and virtual volunteerism.
BI Prime Finance 2020-04-21T13:00:00Z

A fintech that helps companies visualize cashflows just closed $10 million in funding led by JPMorgan. A payments exec at the Wall Street giant explains how the startup fills a huge gap.

The investment is a follow on from JPMorgan and FINTOP Capital after they originally invested $5.3 million in the startup in April 2019.
BI Prime Advertising 2020-04-21T12:59:00Z

TV advertising is a mess — these 23 industry insiders are working to fix it

These people from Nielsen, Publicis, Hulu, and more are trying to solve TV advertisers' problems as people flock to streaming services.
BI Prime Media 2020-04-21T12:40:51Z

The story behind gaming giant FaZe Clan's new mansion in LA, which costs $80,000 per month and was once rented by Justin Bieber

FaZe Clan is renting a 10-bedroom property in Burbank, California that was once home to Justin Bieber.
BI Prime Strategy 2020-04-21T12:29:00Z

The founders of a beverage startup explain the crisis checklist they're using to reevaluate 2020 goals and navigate their business post-coronavirus

The cofounders of beverage startup Sunwink had to make many changes once the pandemic upended their supply chain and marketing initiatives.
BI Prime Markets 2020-04-21T12:11:00Z
BI Prime Media 2020-04-21T12:11:00Z

A sports startup CEO breaks down how he's retooling his business to avoid layoffs with 'short-term adjustments, not long-term pivots'

Fantasy Life CEO Yasin Abbak is focused on keeping costs down and avoiding business distractions until live sports pick back up again.
BI Prime Tech 2020-04-21T12:00:00Z
BI Prime Tech 2020-04-21T12:00:00Z

'S*** hit the fan': ForgeRock's CEO told us what it was like closing nearly $100 million in funding as COVID-19 broke out

Security startup ForgeRock has been backed by the likes of Accel and Riverwood Capital.
BI Prime Advertising 2020-04-21T12:00:00Z

PR firms like Edelman, Ruder Finn, and Kekst CNC are seeing a boom as CEOs scramble to reassure employees amid the pandemic

The need to communicate with and reassure workers is creating more work for PR firms.
BI Prime Finance 2020-04-21T12:00:00Z

Nasdaq is starting to stream real-time market data to the public cloud as Wall Street demands more flexible access to critical information

Lauren Dillard, head of Nasdaq's global information services, said the launch of Nasdaq Cloud Data Services was a result of customer feedback.
BI Prime Tech 2020-04-21T11:46:37Z

The CEO of $1.8 billion fintech Airwallex talks us through its $160 million fundraise during coronavirus. 'We want to be the AWS for financial services.'

Despite a stock market crash, retreating investors, and coronavirus lockdowns, fintech Airwallex raised an enlarged round at an increased valuation.
BI Prime Tech 2020-04-21T00:48:40Z

A Silicon Valley lawyer who works on tech offerings thinks the IPO window could reopen later this year. But he says only a very small group of companies will be able to go public.

The IPO market may be closed now, but it could reopen later this year for a short period for a select few firms, said Goodwin's Rick Kline.
BI Prime Enterprise 2020-04-21T00:13:13Z

The new CEO of IBM said it's withdrawing its outlook amid deep uncertainty in the market, but he vowed a new period of growth 'as we emerge from the pandemic'

New IBM CEO Arvind Krishna said there's much uncertainty in the market, but vowed it will emerge from the pandemic as a stronger company.
BI Prime Science 2020-04-20T22:35:00Z

Primary-care startup Forward just laid off 3% of its staff amid the coronavirus pandemic

Forward charges $150 a month for care and doesn't take insurance. The clinic startup is on the front lines of the pandemic.
BI Prime Markets 2020-04-20T21:43:00Z

Investors overseeing $37 billion outline the 5 criteria they seek in trades that are 'almost impossible to compete with' — and share 3 stocks they've been buying amid market mayhem

"You can't just run a screen and buy. There's real critical thought and judgement required behind this," according to Jeff Mueller of Polen Capital.
BI Prime Markets 2020-04-20T21:43:00Z

GOLDMAN SACHS: Buy these 21 stocks that are beating their peers by paying down debt amid an unprecedented plunge in cash spending

Investors are being rewarded for buying companies with ample cash reserves as the economy sinks into recession.
BI Prime Tech 2020-04-20T21:42:34Z

Marc Andreessen's essay on building things overlooks a key point, according to former presidential candidate Andrew Yang: 'Our biggest problems generally don't have market-based solutions'

Andrew Yang says the VC industry is not capable of fulfilling Marc Andreessen's mission to build solutions to the biggest problems.
BI Prime Media 2020-04-20T21:22:00Z

Fandango is buying Walmart's Vudu. Here are 7 other media and streaming-TV companies experts say could be acquired this year.

TV companies like Starz, data firms like Parrot Analytics, and studios like MGM, could also be in play in 2020.
BI Prime Finance 2020-04-20T21:08:00Z

The CEO of Causality Link, an AI-powered research startup, explains how he nabbed funding from a family office in the middle of the coronavirus pandemic

Pierre Haren, Causality Link co-founder and CEO, spoke to Business Insider about the fintech's recently closed $5 million Series A.
BI Prime Tech 2020-04-20T21:07:45Z

Bank of America estimates Amazon's own delivery service could be worth up to $230 billion by 2025. This chart shows a growing warehouse footprint that's already as big as 7,300 football fields.

Amazon's investments in building up its own storage and shipping services could lead to a business worth $230 billion in 2025, Bank of America says.
BI Prime Transportation 2020-04-20T21:01:55Z

Bank of America says Amazon is the No. 4 largest delivery company in the US — here's how its network compares to UPS, USPS, and FedEx

Amazon has been building an in-house transportation network for more than a decade. Here's how it compares to giants like UPS, FedEx, and the USPS.
BI Prime Markets 2020-04-20T21:01:00Z

One of 4 people overseeing a $500 billion corporate bailout fund lays out the risks of making no-strings-attached loans to mystery corporations — and warns of a full-on populist revolt

Bharat Ramamurti says the commission has a "major obligation to the public" to ensure loans don't enrich corporate executives.
BI Prime Finance 2020-04-20T20:52:00Z

Morgan Stanley is pushing ahead with its E-Trade takeover amid the market turmoil. Here's how it's thinking about integrating the two firms.

The firms announced their deal just as stocks peaked and the coronavirus was hitting the US. It's still on track to close later this year.
BI Prime Finance 2020-04-20T20:36:56Z

Billionaire investor Leon Cooperman dumped millions of shares in newspaper conglomerate Gannett at a huge loss

Gannett has been slammed by the novel coronavirus pandemic, which has shuttered businesses that would advertise in the company's newspapers.
BI Prime Enterprise 2020-04-20T20:28:00Z

Startup Chorus.ai analyzed millions of sales meetings since the pandemic using AI, and found successful salespeople demonstrated empathy towards their customers

Jim Benton was hired as CEO of Chorus.ai a week after the San Francisco AI startup began working remotely. Here's what he's learned about connecting.
BI Prime Science 2020-04-20T19:55:00Z

Experts just set out a playbook for how governors should reopen states, and it includes 2- to 3-week phases with distancing measures applied to places like restaurants and outdoor events

Researchers with the Johns Hopkins Center for Health Security laid out how governors might reopen states gradually amid the pandemic.
BI Prime Media 2020-04-20T18:58:00Z

How TikTok can kickstart your music career, according to an artist who used the app to get a major label deal

The four strategies that 22-year-old rapper Tiagz used to gain exposure on TikTok and jumpstart his career in music.
BI Prime Finance 2020-04-20T18:55:30Z

How New York City's housing market after the pandemic will compare to post 9/11: Industry leaders see many similarities, but a few crucial differences

The industry sees the two crises as very similar, except 9/11 impacted only New York's housing market, whereas the pandemic is national and global.
BI Prime Strategy 2020-04-20T17:56:47Z

Legal risks for business owners are changing every day. Here's how you could be vulnerable over paid leave, cleaning supplies, and your work-from-home policy.

Here's what employment lawyers say you need to know about managing paid leave, coronavirus cases at work, and cleaning supplies, among other things.
BI Prime Strategy 2020-04-20T17:56:02Z

Plant-based fried 'chicken' and a blockchain for turkeys: How agricultural giant Cargill is innovating the global food-production industry and potentially changing what you eat along the way

Now, the IT team's mission is to "be the growth of the company. Not just enable it, but actually be it," said CIO Justin Kershaw.
BI Prime Retail 2020-04-20T17:45:19Z

Retailers like Levi's are finding early success selling products on TikTok — and say the video-sharing app could help bolster online sales amid coronavirus-related store closures

Levi's found that an experimental TikTok campaign more than doubled online views to its customized denim product pages in the past four months.
BI Prime Strategy 2020-04-20T17:16:00Z

The ultimate guide to getting a job at a dispensary, according to current and former employees, shop owners, and recruiters in the cannabis space

The industry currently employs about 200,000 people in the US, and that number is expected to increase to over 400,000 by 2021. So how can you get in?
BI Prime Science 2020-04-20T17:11:00Z

A buzzy healthcare startup that raised $50 million from Andreessen Horowitz 3 months ago just cut staff amid the coronavirus pandemic

Healthcare companies haven't been immune to layoffs, pay cuts, and furloughs, even on the front lines of the coronavirus response.
BI Prime Tech 2020-04-20T17:00:25Z

8 books that legendary tech investor Marc Andreessen thinks everyone should read during the pandemic

Marc Andreessen has a new reading list for his followers who are isolating at home during the coronavirus pandemic.
BI Prime Enterprise 2020-04-20T16:44:02Z

$416 million data analytics provider Domo is the most likely company to be acquired by a big player like Microsoft or Oracle in the wake of the coronavirus crisis, experts predict

As the crisis creates M&A opportunities, analysts point to one particularly strong acquisition target: cloud data-analytics provider Domo.
BI Prime Strategy 2020-04-20T16:42:01Z

Cannabis experts explain the opportunities waiting to be claimed by entrepreneurs even after we're plunged into a recession — and they have nothing to do with CBD

"This is a chance to catch up or think of something innovative to offer this space," said Mary Pryor, the founder of several cannabis ventures.
BI Prime Strategy 2020-04-20T16:39:24Z

What to do with your $1,200 stimulus check if you want to start a side hustle while quarantined, from 3 pros who kicked off successful side gigs without spending a dollar

Your top priority is to have something saved up for emergencies. In the meantime, start a side gig by leveraging social media accounts.
BI Prime BI Prime 2020-04-20T15:52:00Z

How 18 oil giants from Exxon to Halliburton are cutting staff and slashing spending in response to the historic oil price meltdown

The coronavirus pandemic is cratering oil demand. We're keeping track of how oil giants are responding, from laying off staff to slashing capex.
BI Prime Strategy 2020-04-20T15:48:00Z

11 science-backed signs that could prove you're the smartest person in the room

Think you're smarter than everyone you know? You could be, scientists say, if you're tall, funny, and a firstborn.
BI Prime Finance 2020-04-20T15:16:00Z

Albourne Village — a quirky online hedge fund community — is getting ready for a revamp. We took a look at the 20-year history of a site that lists billionaire founding fathers like Izzy Englander.

The website lists billionaires like Millennium founder Izzy Englander as founding fathers, and was a place for online hedge fund industry networking.
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