Finance
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394Why Warren Buffett’s $570 million bet on Snowflake is rarer than any unicorn
Warren Buffett. Getty Images Warren Buffett’s Berkshire Hathaway plans to invest about $570 million in Snowflake when the cloud-data platform goes public....
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How JPMorgan Chase’s Jamie Dimon came close to running Home Depot nearly 20 years ago
JPMorgan Chase CEO Jamie Dimon came somewhat close to running Home Depot in the late ’90s, according to the home-improvement retailer’s founder...
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Starling Bank will pass along the costs of deposits to customers
Starling Bank will pass along the costs of deposits held in euros to customers. The move suggests how it might break even,...
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409Global equities find some footing after another slide in US tech stocks, led by a record fall in Tesla
Traders work on the floor of the New York Stock Exchange shortly after the start of trading August 6, 2014. REUTERS/Lucas Jackson...
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The prime rate is a key interest rate that influences most other rates. Here’s how it moves, and why it affects what your loans and credit cards cost
The prime rate, aka the prime, is the interest rate that banks charge their most creditworthy clients. Though not set by the...
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There’s a ‘fundamental shift’ happening at Big Law firms, which are laying off workers even as they’re raising pay
Baker McKenzie, Skadden, and Nixon Peabody all announced this week that they’re making layoffs, with some firms cutting professional staff and some...
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A new twist on direct listings could trigger more big lawsuits against buzzy startups over valuations, lawyers say
The New York Stock Exchange’s plan for a new form of direct listings, which would allow companies to go public more easily...
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Here’s why Trump’s real-estate pals in NYC and the Hamptons are abandoning the president’s reelection bid now
Major real-estate executives who supported Donald Trump’s 2016 campaign have abandoned the president in the final months of his reelection effort. Sources...
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Visa is being investigated by the European Commission over its rules for fintechs
The European Commission is investigating Visa’s rules for fintech companies using its network, the company has revealted. Regulators are concerned that Visa...
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US Banking Digital Trust Study: Which US banks have the highest levels of digital trust among consumers
This is a preview of Business Insider Intelligence’s US Banking Digital Trust Report 2020. The full report is available to Business Insider...