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Wednesday, January 8, 2020

Business News, Updates

Business News, Updates


How to cancel your Google Fiber internet service

Posted: 08 Jan 2020 10:44 AM PST

google fiber installationReuters/George Frey

Currently, Google Fiber is offered in 18 cities and provides internet service, TV streaming, and phone plans. 

Plan costs vary by region, but for a 1,000 Mbps (also known as a gigabit per second) download speed, you can expect to pay around $70 a month. For download speeds ranging up from 100 MBPS, plans start generally start at $50 a month.

See the rest of the story at Business Insider

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Satellite images show base damage after Iran launched a missile attack on US and coalition forces in Iraq

Posted: 08 Jan 2020 10:34 AM PST

Damage at Al Asad air base in Iraq is seen in a satellite picture taken January 8, 2020Planet/Handout via REUTERS

  • Satellite images show the damage to Al-Asad Air Base in Iraq following an Iranian missile attack early Wednesday morning.
  • President Donald Trump said Wednesday that there were no American casualties, and he characterized the damage to the targeted installations as "minimal."
  • Photos show damage to facilities that housed equipment rather than personnel, suggesting that Iran may have been intentionally trying to avoid casualties.
  • Visit Business Insider's homepage for more stories.

Satellite images show the damage after Iran launched more than a dozen missiles at bases housing US and coalition forces in Iraq early Wednesday morning — an attack that caused some damage but did not result in casualties.

The images, taken by Planet Labs and first reported by NPR, show that multiple structures at Al-Asad Air Base were hit during the attack.

See the rest of the story at Business Insider

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SEE ALSO: Trump says Iran 'appears to be standing down' and orders more sanctions after the missile attack in Iraq

15 style trends experts predict will be everywhere in the next decade

Posted: 08 Jan 2020 10:30 AM PST

street style parisEdward Berthelot/Getty Images

  • The next decade of style will be all about being out-of-the-box, whether that entails breaking gender norms or incorporating technology into your outfit.
  • Insider spoke with fashion experts across the industry to determine the biggest fashion trends that will dominate the next decade.
  • Many trends will be reminiscent of the 1960s, 1970s, 1980s, 1990s, and even the 1920s, but others will be entirely new.
  • Visit Insider's homepage for more stories.

Fashion is undeniably cyclical, with old trends reappearing constantly in new, innovative ways — and that's just what experts predict will happen again over the next 10 years.

Many of the next decade's biggest trends are expected to draw from styles of the '60s, '70s, '80s, '90s, and even the 1920s.

Due to this cyclical nature of fashion, each decade's style is connected in one way or another.

"Styles from the 1990s are now back, but there are so many elements of 1960s style within that," Xina Giatas, a New York-based fashion stylist whose career has spanned more than a decade, told Insider. "Choker necklaces, hair parted down the middle with barrettes — we look at those trends now and think they're from the '90s, but in reality, those trends actually first surfaced in the '60s or even before then in the '20s. Trends keep reproducing themselves but they slowly evolve each time a decade comes back in vogue."

But there'll also be some new trends in the next 10 years, such as fashion that incorporates technology. Experts also predict there'll be a boom in eco-conscious brands and handmade items.

As well as Giatas, we spoke with Samantha Brown, a New York-based celebrity stylist trained by Stacy London of "What Not To Wear," and Sky Pollard, head of product at Nuuly, a rental clothing service, to determine the biggest fashion trends to look out for in the next decade.

Here are 15 style trends these experts predict will be everywhere in the next decade.

Bell-bottom and flared pants similar to those from the 1970s will be hugely popular in the next two years.

Jon Kopaloff/FilmMagic/Getty Images

You might want to toss out your favorite skinny jeans because the next decade — especially the next two years — will be dominated by pant styles from the '70s. 

"The years 2020 and 2021 will showcase a range of throwbacks, including bell bottoms," New York-based stylist Samantha Brown, who has worked on more than 1,000 fashion shows and has dressed a number of celebrity clients, told Insider.



Exaggerated collars and bows will also be a major trend in the next decade.

Claudio Lavenia/Getty Images

Exaggerated and feminine collars, which hark back to another trend of the 1960s and 1970s, are poised to make a major comeback.

The trend was on show on the runways of Spring/Summer 2020 Fashion Week this past fall, and the look is already beginning to pop up in street style looks.



Crochet is also predicted to be a major trend.

Hanna Lassen/Getty Images

Inspired by 1960s fashion trends, crochet and woven garments are set to be huge in the coming years — most notably in the spring and summer seasons.

Top designers Fendi, Marni, and Gabriela Hearst all debuted crochet garments during their recent Fashion Week shows.




See the rest of the story at Business Insider

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Trump is stepping away from the brink of war with Iran after a missile attack, but the roots of their dispute dangerously persist

Posted: 08 Jan 2020 10:29 AM PST

TrumpKevin Lamarque/Reuters

  • President Donald Trump on Wednesday signaled that the US will not retaliate with military force for an Iranian attack on US and coalition forces that didn't lead to any casualties.
  • Iran and the US have seemingly stepped away from the brink of war, but the road to peace is still elusive.
  • Iran on Sunday announced it is leaving the nuclear deal, making it possible for them to develop nuclear weapons. Trump has made clear he's willing to do whatever is necessary to prevent Iran from becoming a nuclear power.
  • Iran also has deep ties to terrorists and militias across the region, and has sometimes taken years to retaliate.
  • Trump said he's adding to the sanctions that are crippling its economy, and the US has built-up its presence in the region, which Iran already viewed as a threat. 

  • Visit Business Insider's homepage for more stories.

After Iran fired missiles at US and coalition forces in Iraq early on Wednesday, it opened the door to deescalating tensions and avoiding a wider war.

See the rest of the story at Business Insider

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Japan's minister of justice responds to Carlos Ghosn's press conference urging the fugitive former Nissan executive to surrender. Read the full statement here.

Posted: 08 Jan 2020 10:27 AM PST

Carlos GhosnMahmut Geldi/Anadolu Agency via Getty Images

Japanese prosecutors have responded to a press conference the fugitive automotive executive Carlos Ghosn delivered on Wednesday morning, Read the full statement below:

(Provisional Translation)

See the rest of the story at Business Insider

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A woman has pubic hair growing on her face from a crotch skin graft, and doctors are confused

Posted: 08 Jan 2020 10:26 AM PST

botched pubic hair skin graftE!

  • On Monday's "Botched" episode, a woman named Crystal Coombs had pubic hair growing out of her face from a groin skin graft she'd previously had in the area to repair a dog bite, People reported.
  • "They did the surgery, and then the hair started growing," Coombs told "Botched" doctors Terry Dubrow and Paul Nassif.
  • Dr. Hadley King, a Manhattan-based dermatologist, told Insider the groin was a strange choice for a face skin grafting procedure and that she'd never heard of other cases like Coomb's.
  • Surgeons should take skin color, texture or smoothness, hair growth, and thickness of the skin into account when choosing the best place to take a skin graft from, according to King, because that skin maintains its properties even after being transferred to another body area.
  • Visit Insider's homepage for more.

On Monday night's episode of "Botched," a show on E! about cosmetic surgery mishaps and how to fix them, a woman named Crystal Coombs came to the show's doctors because she had pubic hair growing out of her face. It was growing from a skin graft she'd previously undergone in the area to repair a dog bite, People reported.

Coombs said the dog bit her when she was 9 years old. She was rushed to the emergency room, where a plastic surgeon was tasked with repairing the chunk of skin the dog took out of her cheekbone area.

See the rest of the story at Business Insider

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TikTok accounts posing as politicians like Trump and Bernie Sanders keep cropping up, and it's another symptom of the app's ongoing struggle to police itself

Posted: 08 Jan 2020 10:26 AM PST

FILE PHOTO: TikTok logo is displayed on the smartphone while standing on the U.S. flag in this illustration picture taken, November 8, 2019. REUTERS/Dado Ruvic/File PhotoReuters

  • Parody accounts of world leaders are all over popular video app TikTok, Bloomberg reports.
  • The app doesn't have a strong verification system to identify genuine accounts.
  • Despite it's popularity, officials, especially in the US, have mostly avoided TikTok, at least in part due to security concerns over the Chinese-owned company. 
  • Visit Business Insider's homepage for more stories.

World leaders might not be using TikTok, but that doesn't stop copycat accounts from impersonating them on the app, according to a report from Bloomberg's Maria Jose Valero and Yueqi Yang.

Multiple accounts that impersonate the Bernie Sanders campaign or Donald Trump have popped up on the app. These accounts claim to be run by the president or senator, or by members of their team, and sometimes repost official Instagram videos. As a result, other TikTok users can be easily confused about what accounts are genuine.

See the rest of the story at Business Insider

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Paying taxes with a rewards credit card can earn you thousands of points — here are the best options

Posted: 08 Jan 2020 10:21 AM PST

pay taxes credit cardDean Mitchell/Getty Images

  • Paying taxes with a credit card will incur an extra fee of at least 1.87%, but it could be worth it if you're looking to boost your rewards balance for upcoming travel or another redemption.
  • Some of the best cards to use for paying taxes are the Blue Business® Plus Credit Card from American Express, the Chase Freedom Unlimited, and the Citi® Double Cash Card.
  • If you just signed up for a new card and need to meet the spending requirement for the welcome bonus, using that card to pay your taxes could also make sense.
  • Keep in mind that rewards credit cards come with high interest rates, so if you can't pay your balance in full you're better off setting up a payment plan with the IRS and investigating other payment options.

Paying taxes might not be fun, but it can be a great opportunity to significantly boost your miles, points, or cash-back balance — or to easily meet the minimum spending requirement for a new credit card welcome offer.

If you want to use the upcoming tax season as an opportunity to earn extra rewards, here's a look at the best cards to consider paying with — along with information on how to pay with a card online.

See the rest of the story at Business Insider

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Here's why one stock is 5 times more expensive in Shanghai than it is in Hong Kong

Posted: 08 Jan 2020 10:18 AM PST

hong kongBobby Yip/Reuters

  • China brokerage CSC Financial trades at a five-times higher price in Shanghai compared to its shares on Hong Kong's exchange, Bloomberg first reported.
  • CSC traded at 6.73 Hong Kong dollars (87 cents) per share on the city's exchange on Wednesday, while it simultaneously traded at 30.58 Chinese yuan ($4.40) in Shanghai.
  • The phenomenon is known as the "A-to-H premium," a price gap unique to China and Hong Kong. The two exchanges were linked in November 2014, allowing Chinese stocks to trade on both but fall prey to different investor sentiments and trading behavior.
  • Visit the Business Insider homepage for more stories.

China's second-biggest brokerage trades at a five-times higher level in Shanghai compared to its shares on Hong Kong's exchange, Bloomberg first reported Tuesday.

CSC Financial traded at 6.73 Hong Kong dollars (87 cents) per share on the city's exchange on Wednesday, while it simultaneously traded at 30.58 Chinese yuan ($4.40) in Shanghai. The massive price gap is driven by a phenomenon unique to China and Hong Kong called the "A-to-H premium."

See the rest of the story at Business Insider

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Zion Williamson nearly stayed at Duke, but his family talked him into going pro at the last moment

Posted: 08 Jan 2020 10:17 AM PST

Zion WilliamsonAP Photo/Nell Redmond

It seems like a no-brainer that 2019 consensus player of the year and eventual first-overall NBA draft pick Zion Williamson would leave college for the league, but the New Orleans Pelicans rookie suggested that there was much more to his decision than meets the eye.

In an interview with Pelicans teammate J.J. Redick for The Ringer, Williamson revealed that he was surprisingly close to returning to Durham, North Carolina, to join legendary head coach Mike Krzyzewski and the Blue Devils for his sophomore season.

See the rest of the story at Business Insider

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What a 4-day workweek could do to your brain and body

Posted: 08 Jan 2020 10:17 AM PST

productivity10,000 Hours/Getty

  • The average American's work hours are nearly the same as they were fifty years ago. Working such long hours is associated with increased levels of stress and burnout. 
  • Moving to a four-day workweek could increase productivity, loyalty, and overall happiness, all while helping the climate.
  • More and more people, including presidential candidate Bernie Sanders and the owner of restaurant chain Shake Shack, seem open to the idea.

In 1930, ten years before Americans would win the fight for the 40-hour workweek, economist John Maynard Keynes predicted that Americans would have a 15-hour workweek within the next hundred years. His reasoning: As technology advanced, people would need to work less and less. 

That hasn't happened. The average American's work hours have barely budged for the last 50 years. We work long and we work hard, but we may not be working smart. 

In recent years, the idea of moving to a four-day workweek has started to gain traction. Fans of the concept include restaurants like Shake Shack, labor unions and the UK's Labour party. Even presidential candidate Bernie Sanders is open to it.

Here's how it could benefit you.

A four-day workweek has been associated with increased productivity in over 30 years of scientific research.

Flotsam / Shutterstock

The internet is full of success stories about companies that switched to a four-day workweek.

Microsoft announced in August 2019 that switching to a four-day workweek led to a 40% boost in productivity. The company had theorized that freeing an up extra day a week for leisure would leave its employees refreshed and newly productive.

Research backs this up.

As early as 1975, studies concluded that the four-day workweek made employees more efficient. According to a paper released by the International Labour Organization in 2018, "working excessively long hours on a regular basis has been shown to reduce hourly productivity due to greater fatigue, and those workers with long hours and/or heavy workloads report decreasing job satisfaction and motivation."

Another study, which gave people working 40 hours a week and people working 55 hours a week the same cognitive tests, found that the latter group performed far worse. 

In fact, we have a surprising amount of research showing that longer working hours are associated with adverse health.  

"I think that efforts to lengthen the workday is clearly counter-productive for work that requires concentration and encourages quality,"  Dr. Anders Ericsson, a research on expertise, told Vice.



Working 32-hours a week creates a better work-life balance.

Shutterstock

When New Zealand trust management company Perpetual Guardian tried out a four-day workweek, it saw employee work-life balance increase 45%. The New York Times also reported that the employees' "actual job performance didn't change when doing it over four days instead of five."

Perpetual Guardian has since made the policy permanent. 

One theory as to why the quality of work didn't deteriorate is that most of our eight-hour workday isn't spent working. One study even showed that only about three hours of the day are spent working. The rest of the time is usually wasted, spent at work because that is the requirement. And all of that time spent at work can foster some serious guilt and resentment

A four-day workweek could ease some of the guilt, allowing people to spend more time with their families and friends.



The four-day workweek could make people happier overall.

Westend61/Getty

The requirement to be constantly online has completely changed how and where we work. People can now send work emails from their phones at night and clock in unpaid overtime doing some work-related internet research on the weekends. But being constantly connected  can lead to stress and burnout

Burnout is so common that it is now an officially diagnosable condition. 

One way to make sure workers aren't as stressed and burnt out is to ensure they are cared for. A four-day workweek could be the antidote to burnout, giving employees the leisure time they need to create a less stressful, more productive work environment. 

It could also lead to more time affluence —a term thought up by researchers to describe a feeling of being rich in time. In America, where residents work far longer than Europeans, people can be financially affluent but poor when it comes to having enough time to do the things they want. 

Research shows that longer work hours make for less happy people. One study found that happiness was often associated with the amount of leisure time a person had, even when taking increased income into account.

 




See the rest of the story at Business Insider

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Fewer than 2,000 households will pay estate tax this year, so your inheritance is probably safe

Posted: 08 Jan 2020 10:15 AM PST

mansion with poolBulgac/Getty Images

The estate tax is a tax charged on very large inheritances. While it is somewhat controversial, the estate tax has been a part of US tax law on and off since 1797. Below, find out if this tax will impact you on Tax Day 2020.

What is estate tax?

The current estate tax became law in 2010. Then, in 2018, the estate tax exemption — the amount exempt from estate tax — roughly doubled. Because of the new exemption rates, it's estimated that fewer than 2,000 households will pay any estate taxes in the entire US this year. That's compared to about 52,000 estates that paid the tax in 2000.

See the rest of the story at Business Insider

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An uncritical Teen Vogue story about Facebook caused bewilderment about whether it's sponsored content before the entire article vanished (FB)

Posted: 08 Jan 2020 10:14 AM PST

facebook ceo mark zuckerbergAP Photo/Andrew Harnik

  • Teen Vogue published and then deleted an uncritical story about Facebook that has prompted widespread bewilderment.
  • The story was about Facebook's 2020 election work, and some internet users suspected it was un-labelled sponsored content.
  • Teen Vogue then added a note saying it was sponsored content, before removing it again. A Facebook spokesperson told Business Insider it wasn't sponsored content.
  • The Teen Vogue Twitter account said "literally idk" in response to an inquiry, and now the entire story has vanished.

Is Teen Vogue running sponsored content about Facebook? 

An uncritical story in Teen Vogue about Facebook's efforts to secure its social network ahead of the 2020 election caused bewilderment over contradictory messages about whether it was paid for by Facebook — before it just disappeared completely.

See the rest of the story at Business Insider

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Up to 10,000 dehydrated camels will be killed in Australia as the country faces catastrophic bushfires and long droughts

Posted: 08 Jan 2020 10:13 AM PST

A feral camel in central Australia.

  • Aboriginal officials in Australia's Anangu Pitjantjatjara Yankunytjatjara (APY) Lands have approved a five-day cull of wild camels and other feral animals. 
  • Officials said that the camels are endangering people in the area and taking food and water supplies. 
  • There are approximately 1 million feral camels in Australia, and officials say up to 10,000 will be killed in the cull. 
  • APY General Manager Richard King told USA Today that the cull was a "last resort"  because the camels were "putting pressure" on the region. 
  • The APY Lands are a scarcely populated 39,768-square-mile area, that are home to about 2,300 people.
  • Visit Insider's homepage for more stories.

About 10,000 dehydrated wild camels are at risk of being shot and killed in Australia, as their home region faces a long drought and the country faces hundreds of bushfires

Aboriginal officials in the Anangu Pitjantjatjara Yankunytjatjara (APY) Lands, in the northwest corner of the state of South Australia, said in a statement posted to Facebook that the camels and other feral, undomesticated animals are eating food supplies, drinking the region's water, and endangering people as well as other animals.

See the rest of the story at Business Insider

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Only one US airline made this list of the 10 most on-time carriers in 2019

Posted: 08 Jan 2020 10:11 AM PST

airplanes runwayGetty Images

  • A report by OAG ranked the most punctual airlines of 2019 in terms of on-time performance.
  • Asia-Pacific airlines ranked among the most on-time.
  • Only one airline in the US made the top 10 while none of the US's big three carriers make the cut
  • Visit Business Insider's homepage for more stories

Flight delays and cancellations are the banes of every travelers' existence with a countless number of factors affecting on-time performance. Everything from a mechanical issue to the weather can determine whether a flight departs on or close to its schedule. 

The metric is a valuable determining factor of an airline's dependability as a flight delay could possibly jeopardize an entire trip. Some regulatory bodies, including the European Union, even require airlines to compensate passengers in the event of an extended controllable delay. 

Each year, OAG ranks the top 250 airlines and reveals which ones were the most punctual. The organization compiled the date from over 50 million flights operating around the world for the entirety of 2019. 

Here are the top airlines that did it right in 2019 and got passengers to their destinations on-time the most.

10. Thai AirAsia

Fabrizio Gandolfo/Getty

The Thailand-based subsidiary of AirAsia, one of the largest low-cost airline groups in Southeast Asia, ranked 10th in the on-time list with 84.49% of flights operating on or close to schedule.

The airline operates a fleet of close to 75 aircraft, according to planespotters.net, with service to around 15 countries from cities across Thailand, according to the airline.  



9. Singapore Airlines

Nicolas Economou/NurPhoto via Getty Images

Singapore's flag carrier and one of the world's most luxurious airlines, Singapore Airlines came in at number nine with its flights operating on-time 85.35% of the time.

The airline also holds the title for operating the longest flight in the world between Newark, New Jersey, and Singapore and has since 2018, save for two Qantas research flights that became the longest in the world for a day when they flew nonstop from New York to Sydney. 



8. Jetstar Asia Airways

Edgar Su/Reuters

One of only four airlines based in the Singaporean city-state, low-cost airline Jetstar Asia Airways ranked 8th with a punctuality rate of 85.48%.

The airline can trace its roots back to Australia's Qantas Airways, which owns 49% of the airline through its subsidiary Jetstar Airways, according to the Jetstar Group, and operates short and medium-haul routes from Singapore using a fleet of Airbus A320 aircraft.




See the rest of the story at Business Insider

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HGTV features open floor plans on shows like 'Property Brothers' and 'Fixer Upper' because male viewers 'like to watch sledgehammers'

Posted: 08 Jan 2020 10:06 AM PST

chip joanna gainesMireya Acierto/Contributor/Getty Images

  • Open floor plans have been a popular renovation choice on HGTV shows like "Fixer Upper" and "Property Brothers."
  • But the style isn't always used because it's the best choice for a space.
  • Ronda Kaysen, a contributor for The New York Times who has interviewed HGTV executives in the past, told Insider that the network uses open floor plans to attract male viewers.
  • Kaysen explained to Insider that male HGTV viewers enjoy the demolition process that comes with creating an open floor plan. 
  • Visit Insider's homepage for more stories.

Any loyal viewer of HGTV is familiar with open floor plans, in which areas like a kitchen, living room, and dining room flow together in one large space.

The style has been particularly popular on shows like "Fixer Upper" and "Property Brothers," which take viewers on a journey from buying a property through renovations. 

See the rest of the story at Business Insider

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AI 101: How learning computers are becoming smarter

Posted: 08 Jan 2020 10:05 AM PST

artificial intelligence social network eter9IBT

Many companies use the term artificial intelligence, or AI, as a way to generate excitement for their products and to present themselves as on the cutting edge of tech development.

But what exactly is artificial intelligence? What does it involve? And how will it help the development of future generations?

See the rest of the story at Business Insider

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Capital One business cards are currently offering up to 200,000 miles or $2,000 cash back — but only until January 27

Posted: 08 Jan 2020 10:05 AM PST

Capital One Spark Miles 4x3

One is once again offering incredible elevated sign-up bonuses for two of its Spark business cards —  the Capital One Spark Miles for Business and Capital One Spark Cash for Business. If you've been on the fence about getting either of these cards, this sign-up bonus just might sway you toward hitting the apply button.

The Spark Miles is offering an initial 50,000 miles after you spend $5,000 in the first three months and an insane 150,000 miles after you spend $50,000 on purchases in the first six months. The Spark Cash is offering a similar bonus, except in cash back. You'll earn a $500 cash bonus after spending $5,000 in the first three months, plus $1,500 cash bonus after you spend $50,000 on purchases in the first six months.

See the rest of the story at Business Insider

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Huel's focus on talent and managing cost has helped this startup find customers, and investors

Posted: 08 Jan 2020 10:01 AM PST

Cisco edit sponsorshipBusiness Insider

Copy of HuelShoot11_29Huel

  • Huel is a food-powder startup that has raised £20 million and built its team to 100 people in five years, even as customers continue to adjust to the concept of the core product. 
  • The company has outsourced functions like order handling and manufacturing to keep headcount low and manage costs.
  • Recruiting great talent has been a major focus for the founders, and an investor from Highland Europe said that the Huel team is inspired by its sense of mission. 
  • This article is part of a series on growing a small business, "From 1 to 100."

Love it or hate it, food-powder startup Huel is winning over a group of people looking to change their eating habits in an effort to become healthier and more environmentally conscious. 

Founded in 2014, Huel's vegan powder is designed to give you all the nutrients you would get from a well balanced meal in one drink. It's pretty straightforward: You simply add two to three scoops of Huel powder to around 500ml of water, give it a shake, and away you go. 

See the rest of the story at Business Insider

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I thought ditching homeownership for a rental would be freeing, but in reality it left my family feeling stuck

Posted: 08 Jan 2020 09:58 AM PST

girl running towards family homeCavan Images/Getty Images

Recently, my husband, our realtor, and I stood in the empty living room of a fixer-upper while our three children ran circles around us. It wasn't awful, there were no bugs or weird smells, but there was an ugly kitchen and a dilapidated back deck.

"Can we do this?" I asked my husband as we loaded up our kids into their car seats, referring to the burden of buying a home that needs work.

See the rest of the story at Business Insider

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