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THE CROWDSOURCED DELIVERY REPORT: How crowdsourcing is helping to improve the troublesome last mile of e-commerce delivery

BI IntelligenceThis is a preview of a research report from Business Insider Intelligence, Business Insider's premium research service. To learn more about Business Insider Intelligence, click here. As the steady rise of e-commerce pushes logistics companies and their retail partners to deliver more parcels, faster, speedy delivery is becoming a major competitive … [Read more...]

Hedge funds are making big bets on oil going higher

AP/Rodrigo Abd Money managers bet on oil prices to rise, taking close to record long positions The lopsided long to short position ratios may lead to a sharp market correction according to a Reuters market analyst  Money managers have amassed close to record long positions in the six-major oil-linked futures and option contracts, and the ratio of longs to shorts is even higher than when it … [Read more...]

Wells Fargo’s making a big change to its investment bank — and it could lead to layoffs

Justin Sullivan/Getty Images Wells Fargo & Co is planning to integrate its corporate and investment bank in an effort to reduce costs, the Wall Street Journal reported on Thursday. The bank's plans, which could lead to layoffs in the future, will affect some industry coverage groups, advisory teams, equity and debt capital markets origination and certain corporate-banking relationship … [Read more...]

This unexpected discount retailer has an amazing rewards program that’ll save you a ton of money

The Insider Picks team writes about stuff we think you'll like. Business Insider has affiliate partnerships, so we get a share of the revenue from your purchase. Overstock.com has sold closeout merchandise online since 1999, so it's been in the business of getting you competitive deals for a long time. On the site, you can find everything from bedding and bath products to clothing and … [Read more...]

With Hope Hicks out, the guy who runs Trump’s social media is the one who’s been around the longest — he started as Trump’s caddie

REUTERS/Jim Bourg/Files With former White House Communications Director Hope Hicks' departure from the administration of President Donald Trump last month, Trump lost a major player in his inner circle who had served him since the early days of the campaign. But another person in Trump's orbit has been by his side since way before his 2016 campaign began — White House social media director … [Read more...]

Meghan Markle was in a Tostitos commercial in 2009 — and it honestly deserves an Oscar

Chris Jackson/Getty Images and Frito-Lay Meghan Markle was in a Tostitos commercial in 2009. It's an absolute must-see. The commercial shows the actress perusing the chip aisle while trying to decide which brand of chips to buy for her upcoming party. After 30 seconds of impeccable acting, Markle opts for Tostitos since it's made with only three ingredients. Before she was the most envied girl … [Read more...]

Twitter’s gains get wiped out despite saying it’s suspended 1.2 million terrorism-related accounts in the past 2 years (TWTR)

Markets Insider Twitter was up more than 4% Thursday, before reversing course after releasing its biannual transparency report. The company said it has removed 1.2 million terrorism-related accounts since August 2015. You can follow Twitter's stock price in real-time here.  Twitter on Tuesday released its 12th biannual "transparency report" which said the platform had banned 1.2 million … [Read more...]

YouTube star Casey Neistat is opening a collaborative ‘factory’ for video-making, after exiting CNN following a $25 million deal

YouTube star Casey Neistat announced in a video on Thursday that he is opening a collaborative "factory" for video-making in New York City. Neistat said the space would serve as "the narrative of the core of my new daily show." The news follows his departure from CNN in January, after the network bought his app, Beme, for a reported $25 million in 2016. Prior to his departure, Neistat … [Read more...]

Mexicans want to strike back after Trump sends the National Guard to the border

REUTERS/Jose Luis Gonzalez President Donald Trump is sending National Guard troops to the US-Mexico border. It's not the first such deployment, but it has raised the ire of Mexican citizens and lawmakers. Trump has railed against Mexico for some time, and critics on both sides of the border say harming the relationship hurts the US. In the wake of President Donald Trump's decision to deploy … [Read more...]

The UK data regulator is investigating Facebook and 29 other companies over the misuse of political data (FB)

The UK data regulator, is investigating Facebook and 29 other companies over the use of data in political campaigns. The Information Commissioner's Office is also investigating Cambridge Analytica after the research firm obtained tens of millions of Facebook users' data. Facebook CEO Mark Zuckerberg has insisted that he remains the best person to lead the company despite the scandal. The UK data … [Read more...]

Here’s how small businesses can benefit from online marketplaces

This story was delivered to BI Intelligence "E-Commerce Briefing" subscribers hours before appearing on Business Insider. To be the first to know, please click here. The majority of small business owners agree that online marketplaces have positively impacted their sales, according to a poll by Manta. See the rest of the story at Business InsiderSee Also:THE GLOBAL E-COMMERCE LANDSCAPE: … [Read more...]

Here’s what it’s like to play video games on the widest computer monitor in the world

Business Insider Perhaps you've thought about it before: What if I stick TWO monitors together to play games in super-ultra-widescreen? But that's never been a reality, at least for me and probably a lot of PC gamers out there. When you place two monitors together, you get the monitor bezels right down the middle of your makeshift "super-ultra-widescreen" setup. Those bezels get in the way and … [Read more...]

30 perfect for Mother’s Day gifts that are all under $50

The Insider Picks team writes about stuff that we think you'll like. Business Insider has affiliate partnerships, so we get a share of the revenue from your purchase. Even if it's only to thank her for making the best grilled cheese you've ever had or spending countless hours pretending not to be bored at your soccer games, your mom is probably the most deserving person of a really great … [Read more...]

China has one major weapon in its arsenal in its trade war against the US

REUTERS/Hyungwon Kang China has yet to use its biggest American import, government debt, against the US in its trade war over tariffs. China held around $1.17 trillion of Treasuries as of the end of January, making it the largest of America's foregin debtors. Taking aim at U.S. Treasuries could hurt global investors and finances and make it more costly to finance the federal government. NEW … [Read more...]

Chris Evans shared a new ‘Infinity War’ poster — but all fans can seem to talk about is Captain America’s butt

Marvel Marvel recently released a new series of character posters to promote "Avengers: Infinity War." Twitter users were quick to turn their attention to Captain America's butt.  On some timelines, the preview image is cropped in a way that draws all attention to his butt, which fans don't seem to mind. The Avengers are getting ready for Infinity War, which hits theaters … [Read more...]

‘Black Panther’ is going to be the first movie shown in Saudi Arabia in more than 35 years

Marvel Saudi Arabia's first cinema in more than 35 years will open on April 18 in Riyadh. AMC Entertainment Holdings will open up to 40 theatres over the next five years. The first screening will be Marvel's superhero movie "Black Panther," a source familiar with the matter told Reuters. LOS ANGELES/RIYADH (Reuters) - Saudi Arabia's first cinema in more than 35 years will open on April 18 in … [Read more...]

NASA wants to send flying swarms of robot ‘bees’ to explore Mars

NASA via AP NASA commissioned a team of scientists to develop bio-inspired 'bees' to explore Mars. The tiny drones will have bumblebee shaped bodies and wings inspired by cicadas, the optimal shape for generating lift in the Martian atmosphere. The 'Marsbees' have a number of advantages over traditional, rotary-powered drones.  Move over, Elon Musk. Future exploration of Mars may not … [Read more...]

CRYPTO INSIDER: The $25 billion reason bitcoin could stop plunging this month

Romina Amato/Red Bull via Getty Welcome to Crypto Insider, Business Insider’s roundup of all the bitcoin and cryptocurrency news you need to know today. Sign up here to get this email delivered direct to your inbox. Bitcoin investors owe an estimated $25 billion in US taxes, according to Tom Lee, the cofounder of Fundstrat.See the rest of the story at … [Read more...]