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Thursday, July 11, 2019

Business News, Updates

Business News, Updates


Video shows Trump embracing a 2016 campaign staffer. She's now suing and claims he forcibly kissed her.

Posted: 10 Jul 2019 11:18 PM PDT

trump kissDropbox

  • Alva Johnson, who worked for Trump's 2016 campaign, is suing him for what she alleged to be an unwanted kiss "on the mouth."
  • On Wednesday, Charles Harder, one of Trump's attorneys, uploaded a 15-second video clip of what he and Johnson's attorneys both identified as the alleged incident.
  • Harder described the video as "undeniable evidence that [Johnson's] battery claim is unfounded and frivolous by virtue," according to court documents.
  • Trump and Johnson appear to make brief physical contact in the video, but it was unclear whether their lips made contact, as Johnson alleged.
  • Johnson's attorneys argued Trump's lawyers "stripped" the video files of important information. They also claim the defense team deceitfully provided them with the short, "hidden" clip in 8-hours worth of unrelated video footage, prior to her deposition.
  • Asked for comment on Johnson's latest court filing, Harder told INSIDER he hoped it "will provide a fair and balanced report rather than simply quoting their nonsense."
  • Visit Business Insider's homepage for more stories.

President Donald Trump's attorneys were accused of "deceitful gamesmanship" following the release of video footage showing Trump embracing a campaign staffer at a campaign rally in 2016.

Alva Johnson, who worked for Trump's 2016 campaign, is suing him for what she alleged to be an unwanted kiss "on the mouth."

See the rest of the story at Business Insider

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SEE ALSO: Trump once hosted an exclusive party with Jeffrey Epstein at his Mar-a-Lago estate, a new report says. It was just the 2 of them and '28 girls.'

US opens new child detention center in rural Texas after reports of overcrowding at border facilities

Posted: 10 Jul 2019 11:00 PM PDT

migrant children in Carrizo Springs, TexasEric Gay/AP

  • A former oilfield worker camp off a dirt road in rural Texas has become the US government's newest holding center for detaining migrant children after they leave Border Patrol stations.
  • The Department of Health and Human Services (HHS) said about 225 children are being held at the site in Carrizo Springs, with plans to expand to as many as 1,300, making it one of the biggest camps in the US government system.
  • HHS said the location is a comfortable environment for children while they wait to be placed with family members or sponsors in the US.
  • But immigrant advocates and others liken such places to child prison camps and have raised concerns that the isolated location will make it hard to provide legal aid.
  • Visit INSIDER's homepage for more stories.

CARRIZO SPRINGS, Texas (AP) — A former oilfield worker camp off a dirt road in rural Texas has become the U.S. government's newest holding center for detaining migrant children after they leave Border Patrol stations, where complaints of overcrowding and filthy conditions have sparked a worldwide outcry.

Inside the wire fence that encircles the site are soccer fields, a giant air-conditioned tent that serves as a dining hall, and trailers set up for use as classrooms and as places where children can call their families.

See the rest of the story at Business Insider

NOW WATCH: Stewart Butterfield, co-founder of Slack and Flickr, says 2 beliefs have brought him the greatest success in life

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How the rise in e-commerce is presenting opportunities for new entrants to challenge UPS and FedEx in last-mile deliveries

Posted: 10 Jul 2019 11:00 PM PDT

This 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. Current subscribers can read the report here.


Outside of the US Postal Service (USPS), FedEx and UPS have dominated the domestic logistics industry — and in particular, the last mile of delivery — for decades. On a quarterly earnings call in 2016, FedEx estimated that itself, UPS, and USPS executed a whopping 95% of all e-commerce orders.

Amazon_AlternativeBusiness Insider Intelligence

See the rest of the story at Business Insider

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SEE ALSO: How Amazon can dethrone UPS and FedEx in the US last-mile delivery market

'It's like they tore out a piece of my heart:' Asylum seeker tells House panel that her 1-year-old daughter died from shoddy medical care while in ICE custody

Posted: 10 Jul 2019 10:47 PM PDT

Yazmin JuárezAP Photo/Jacquelyn Martin

  • A Guatemalan mother seeking asylum told a House panel Wednesday that she watched her infant daughter die slowly and painfully after the baby received shoddy medical care while they were detained in a US Immigration and Customs Enforcement facility last year.
  • "It's like they tore out a piece of my heart," Juárez said. "I wanted to have a better life for her and a better future so that she could keep growing, but now we won't be able to do that and she is gone."
  • The emotional hearing comes amid renewed outrage over the treatment of migrant children at the border following reports of neglect and overcrowding.

WASHINGTON (AP) — A Guatemalan mother seeking asylum told a House panel Wednesday that she came to the United States seeking safety, but instead watched her infant daughter die slowly and painfully after the baby received shoddy medical care while they were in immigration custody.

As Yazmin Juárez spoke, an image of her brown-eyed baby girl, Mariee, was put up on television screens in the hearing room. The baby had fallen ill with a high fever, vomiting and diarrhea when mother and daughter were detained in a U.S. Immigration and Customs Enforcement facility last year.

See the rest of the story at Business Insider

NOW WATCH: 'Shark Tank' star Robert Herjavec explains what makes America great

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Here's how Amazon could dethrone UPS and FedEx in the US last-mile delivery market (AMZN)

Posted: 10 Jul 2019 10:00 PM PDT

This 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. Current subscribers can read the report here.

AmazonShipping_CostSavingsBusiness Insider Intelligence

Outside of the US Postal Service (USPS), FedEx and UPS have dominated the domestic logistics industry — and in particular, the last-mile of the delivery — for decades. On a quarterly earnings call in 2016, FedEx estimated that itself, UPS, and USPS executed a whopping 95% of all e-commerce orders.

See the rest of the story at Business Insider

See Also:

SEE ALSO: Amazon and Walmart are building out delivery capabilities

A potential tropical storm in the Gulf of Mexico is moving toward Louisiana. It could put New Orleans' river levees to the test.

Posted: 10 Jul 2019 09:09 PM PDT

new orleans floodingMatthew Hinton/AP

  • New Orleans was hit with flash floods today as a band of rainy weather in the Gulf of Mexico inches closer to the Louisiana coast. 
  • The water is likely to keep rising: The weather pattern is expected to develop into a tropical storm or possibly a hurricane by Friday.
  • The storm could be the hardest test ever for New Orleans's river levees along the Mississippi. Forecasters warn that the river may reach levels of 19 feet — the highest since 1950. 
  • As the planet and its oceans warm due to climate change, hurricanes are likely to get wetter and more frequent.
  • Visit Business Insider's homepage for more stories.

Bourbon Street is halfway under water today.

A weather system over the Gulf of Mexico dumped six to nine inches of rain on New Orleans by Wednesday evening, forcing the National Weather Service (NWS) to declare a "flash flood emergency" as waters rose.

See the rest of the story at Business Insider

NOW WATCH: NASA footage shows the 'nightmare' Hurricane Florence

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SEE ALSO: Hawaii's iconic Waikiki Beach could be engulfed by the ocean in 20 years — here's the plan to save it

THE US TELEHEALTH MARKET: The market, drivers, threats, and opportunities for incumbents and newcomers

Posted: 10 Jul 2019 09:00 PM PDT

bii us telehealth lumascapeBusiness Insider Intelligence

This 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

Telehealth — the use of mobile technology to deliver health-related services, such as remote doctor consultations and patient monitoring — is enabling healthcare providers and payers to address the US healthcare industry's growing list of problems.

See the rest of the story at Business Insider

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The downfall of US brick-and-mortar commerce is overblown — but merchants need to evaluate their point-of-sale terminals

Posted: 10 Jul 2019 08:00 PM PDT

pos terminals graphicBI Intelligence

This 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.

The downfall of US brick-and-mortar commerce is overblown — despite sharp gains in e-commerce, which will nearly double between now and 2021, the lion's share of purchasing continues to take place in-store. And that's unlikely to change anytime soon, since the online environment can't yet compensate for the reasons customers like brick-and-mortar shopping.

That means the point-of-sale (POS) terminal, which merchants use to accept payments of all types and to complete transactions, isn't going anywhere. But that doesn't mean it's not changing. As merchants look to cut costs amidst shifts in consumer shopping habits, POS terminals, which were once predominantly hardware offerings used exclusively for payment acceptance, are evolving into full-service, comprehensive solutions. These new POS terminals are providing an array of business management solutions and connected offerings to complement payment services. 

See the rest of the story at Business Insider

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'Mr. Acosta should not be allowed to rewrite history': Former Florida state's attorney issues sharp rebuke of Labor Secretary Alex Acosta

Posted: 10 Jul 2019 07:18 PM PDT

Alex AcostaAP Photo/Manuel Balce Ceneta

  • Former Florida State Attorney Barry Krischer responded to US Secretary of Labor Alexander Acosta, after he pinned blame for financier Jeffrey Epstein's lenient sentence on the State Attorney's office, saying Acosta's "recollection of this matter is completely wrong."
  • Acosta said during a press conference on Wednesday that it was the Palm Beach State's Attorney's office that "was willing to let Epstein walk free."
  • However, Krischer said that the US Attorney's Office produced a 53-page indictment on Epstein, but it "was abandoned after secret negotiations between Mr. Epstein's lawyers and Mr. Acosta."
  • Visit INSIDER's homepage for more stories.

Barry Krischer a former state's attorney for Palm Beach County hit back at US Secretary of Labor Alexander Acosta, following a press conference on Wednesday where Acosta placed blame on the State's Attorney's office for the plea deal cut for financier Jeffrey Epstein.

Krischer in a statement said the secretary's "recollection of this matter is completely wrong." 

See the rest of the story at Business Insider

NOW WATCH: Why the US border facilities are 'concentration camps,' according to historians

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THE DATA BREACHES REPORT: The strategies companies are using to protect their customers, and themselves, in the age of massive breaches

Posted: 10 Jul 2019 07:00 PM PDT

dbnew3BI Intelligence

This 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.

Over the past five years, the world has seen a seemingly unending series of high-profile data breaches, defined as incidents in which unauthorized parties access and retrieve sensitive, secure, or private data.

Major incidents, like the 2013 Yahoo breach, which impacted all 3 million of the tech giant’s customers, and the more recent Equifax breach, which exposed the information of at least 143 million US adults, has kept this risk, and these threats, at the forefront for both businesses and consumers. And businesses have good reason to be concerned — of organizations breached, 22% lost customers, 29% lost revenue, and 23% lost business opportunities.

See the rest of the story at Business Insider

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International money transfers hit $613 billion this year — here's what young, tech savvy users value most about them

Posted: 10 Jul 2019 06:00 PM PDT

This 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. Current subscribers can read the report here.

FORECAST Global Remittance VolumeBusiness Insider IntelligenceRemittances, or cross-border peer-to-peer (P2P) money transfers, hit a record high of $613 billion globally in 2017, following a two-year decline.  And the remittance industry will continue to grow, driven largely by digital services.

Several factors will fuel digital growth globally, such as increased smartphone penetration, greater demand for digital transactions, and an overall need for faster cross-border transfers. And with the shift to digital comes an audience of younger, digital-savvy customers using remittances — a segment that companies are looking to target.

As a result, the global remittance industry is becoming increasingly competitive for firms to navigate, with incumbents like Western Union and MoneyGram competing for the same pool of customers as digital upstarts like WorldRemit and Remitly. And in order to win, companies across the board will need to prioritize the four areas consumers value most in remittances: cost, convenience, speed, and safety.  

See the rest of the story at Business Insider

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SEE ALSO: These were the biggest developments in the global fintech ecosystem over the last 12 months

Iranian gunboats trying to seize a British oil tanker were scared away by the Royal Navy, new report claims

Posted: 10 Jul 2019 05:12 PM PDT

iran irgc navy fast attack craftFars News Agency Photo via USNI News

  • Three Iranian gunboats failed in an attempt to seize a British oil tanker in Persian Gulf on Wednesday, a UK government spokesperson said to INSIDER.
  • A UK Royal Navy frigate was escorting the oil tanker and pointed its weapons on the Islamic Revolutionary Guard Corps vessels, CNN reported.
  • "We are concerned by this action and continue to urge the Iranian authorities to de-escalate the situation in the region," the UK spokesperson said.
  • Visit Business Insider's homepage for more stories.

Three Iranian gunboats failed in an attempt to seize a British oil tanker in Persian Gulf on Wednesday, a UK government spokesperson said to INSIDER.

Islamic Revolutionary Guard Corps (IRGC) forces ordered a British oil tanker to alter its route in the Strait of Hormuz and tried to force it near Iranian-controlled waters, according to CNN, who first reported on the incident. But the HMS Montrose, a UK Royal Navy frigate, was escorting the oil tanker and pointed its weapons on the IRGC vessels.

See the rest of the story at Business Insider

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Rewards-related offerings are the leading driver of consumers' credit card choices — but they can be pricey for issuers

Posted: 10 Jul 2019 05:00 PM PDT

This 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.

5b478d977b67141e008b48b5 1334 1001BI Intelligence

The average US consumer holds about three nonretail credit cards with a balance over $6,000, according to Experian. As confidence rises, spending is hitting prerecession levels. For banks, that should be a good thing, since credit cards are profitable. But the push to attract a particularly interested and engaged customer base through sign-up bonuses and lucrative rewards offerings has led banks into a rat race, with surging expenses and rising delinquencies that are hurting returns.

See the rest of the story at Business Insider

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Air Force general tapped to be the next vice chairman of the Joint Chiefs of Staff accused of sexual misconduct by a senior military officer

Posted: 10 Jul 2019 04:53 PM PDT

Gen. John Hyten(AP Photo/Andrew Harnik, File)

  • A senior military officer has accused the Air Force general tapped to be the next vice chairman of the Joint Chiefs of Staff of sexual misconduct, potentially jeopardizing his nomination.
  • Members of Congress have raised questions about the allegations and the military investigation that found insufficient evidence to charge him.
  • The officer told The Associated Press that Gen. John Hyten subjected her to a series of unwanted sexual advances by kissing, hugging and rubbing up against her in 2017 while she was one of his aides.
  • She said that he tried to derail her military career after she rebuffed him.
  • Because the charges involved criminal sexual assault, the case was referred to the Air Force Office of Special Investigations and a formal investigation into Hyten was launched.
  • Several weeks later, Gen. James Holmes, the officer in charge of the investigation, decided not to press charges.
  • "I've already completed a successful career," the alleged victim told The Associated Press. "I had nothing to gain from doing this."
  • Visit Business Insider's homepage for more stories.

WASHINGTON (AP) — A senior military officer has accused the Air Force general tapped to be the next vice chairman of the Joint Chiefs of Staff of sexual misconduct, potentially jeopardizing his nomination. Members of Congress have raised questions about the allegations and the military investigation that found insufficient evidence to charge him.

The officer told The Associated Press that Gen. John Hyten subjected her to a series of unwanted sexual advances by kissing, hugging and rubbing up against her in 2017 while she was one of his aides. She said that he tried to derail her military career after she rebuffed him.

See the rest of the story at Business Insider

NOW WATCH: Kylie Jenner is the world's second highest-paid celebrity. Here's how she makes and spends her $1 billion.

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SEE ALSO: Trump's July 4th extravaganza drained Washington, DC's fund to guard the capital from terror attacks

I tried the KitchenAid's top-of-the-line $500 stand mixer, and now I get what all the hype is about

Posted: 10 Jul 2019 04:00 PM PDT

KitchenAid Pro Line mixerWilliams Sonoma

There are a few kitchen appliances that are dominated by a single brand. For instance, Vitamix is the king of blenders. Instant Pot has cornered the electric pressure cooker market. And, when it comes to stand mixers, experts and home bakers alike consider KitchenAid to be the best stand mixer around.

For 18 years, I have used KitchenAid stand mixers in my kitchens. The KitchenAid stand mixer gets its own counter space because of its attractive design and — I'm a little sheepish to admit — it shows that I have good taste in appliances. 

See the rest of the story at Business Insider

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IoT Report: How Internet of Things technology growth is reaching mainstream companies and consumers

Posted: 10 Jul 2019 04:00 PM PDT

This is a preview of the Internet of Things (2018) research report from Business Insider Intelligence. To learn more about the IoT ecosystem, tech trends and industry forecasts, click here.

The Internet of Things (IoT) is transforming how companies and consumers go about their days around the world. The technology that underlies this whole segment is evolving quickly, whether it’s the rapid rise of the Amazon Echo and voice assistants upending the consumer space, or growth of AI-powered analytics platforms for the enterprise market.

Investments into Internet of Things solutionsBI Intelligence

See the rest of the story at Business Insider

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A study of more than 100,000 people has found that drinking juice and other sugary beverages is closely linked with cancer

Posted: 10 Jul 2019 03:30 PM PDT

drinking juice cancerShutterstock

There's fresh evidence that drinking sugar — whether in 100% fruit juice, soda, or sweetened coffee and tea — may increase your risk of developing cancer.

A new study of more than 100,000 healthy adults suggests that regardless of who you are and how healthy your lifestyle may be, if you drink sugar (be it natural or artificial) you are more likely to develop cancer than someone who opts for unsweetened beverages. 

See the rest of the story at Business Insider

NOW WATCH: Researchers finally debunked the biggest myth about cranberry juice curing UTIs

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SEE ALSO: There's even more evidence drinking juice raises your risk of death — and it's easy to see why

Kim Jong Un graduated 'with honors' from an elite military academy, but experts are skeptical he ever attended

Posted: 10 Jul 2019 03:27 PM PDT

Kim Jong Un generalsKCNA North Korea / REUTERS

  • North Korean propaganda says that Kim Jong Un attended an elite military university named for his grandfather, who based his own mythology on his military background.
  • However, insiders point out that there are no records of Kim's attendance, and no photos of him there — which would be useful propaganda to build his cult of personality as the country's dictator.
  • According to propaganda accounts, the young Kim was so adept at military strategy he was soon training his instructors. 
  • "If Kim Jong Un actually attended that college, he has pictures, he has a record, and he has friends," a former North Korean military member said. "But [none] of the North Korean elite could find his picture and his friends."
  • Even if Kim never attended the military academy, it's possible he received private tutoring on military operations and strategy, which informed his leadership of North Korea's massive military.
  • Visit Business Insider's homepage for more stories. 

North Korea's Kim Jong Un is not only the leader of the Democratic People's Republic of Korea, he is the Supreme Commander of the Korean People's Army (KPA), the fourth-largest military in the world.

North Korea's military is part of its foundation; Kim Il Sung, Kim Jong Un's grandfather and the founder of the so-called "Hermit Kingdom," used his own military service — as a guerilla fighting against the Japanese occupation of Korea — to burnish his cult of personality, according to Washington Post reporter Anna Fifield's book, "The Great Successor: The Divinely Perfect Destiny of Brilliant Comrade Kim Jong Un."

See the rest of the story at Business Insider

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WHERE ARE THEY NOW: 21 of the internet's favorite boyfriends

Posted: 10 Jul 2019 03:23 PM PDT

internet boyfriendsGetty/Alberto E. Rodriguez Richard Shotwell/Invision/AP Getty Images Jordan Strauss/Invision/AP

  • So-called internet boyfriends are celebrities who are not only talented at what they do, but also those who exude kindness, intrigue, and, of course, undeniable allure.
  • Some of the internet's favorite "boyfriends" are Keanu Reeves, Timothée Chalamet, Noah Centineo, Idris Elba, and Oscar Isaac.
  • See what 19 of them are up to now.
  • Visit INSIDER's homepage for more stories.

Every so often, the internet picks a new "boyfriend." The lucky guy becomes the subject of the collective internet community's affection and infatuation. At least that's what it feels like, anyway.

Internet boyfriends are celebrities who are not only talented at what they do, but also those who exude kindness, intrigue, and, of course, undeniable allure. They are the social media age's version of a '90s heartthrob (some of them are '90s heartthrobs as well).

See what 21 of the internet's favorite boyfriends are up to now.

Keanu Reeves is the internet's most recent obsession.

Chris Pizzello/Invision/AP

By starring in movies like "John Wick: Chapter 3 — Parabellum," "Toy Story 4," and "Always Be My Maybe" this year alone, Reeves gained a whole new generation of fans.



Reeves has more projects in the works.

Getty/Alberto E. Rodriguez

He's in the pre-production stages of "Bill & Ted Face the Music," the third installment of his stoner-dude cult classic that began in 1989.

His costar, Alex Winter, recently took to Twitter to share a storyboard image of the characters.



Even before his big break as the lead role in 2018's "Call Me By Your Name," Timothée Chalamet was laying down the groundwork with his role as a bad boy in 2017's "Lady Bird."

Rodin Eckenroth/Getty Images

You don't need to look far to find the New York City native's influence on social media. He's inspired chic T-shirts — including one with the phrase "Chalamet and Chill" — as well as an Instagram account that shared reimagined renaissance paintings with Chalamet as its muse.

Read more: Timothée Chalamet's signature bold patterned suits are making him the star of this award season's red carpets — here are some of his best looks




See the rest of the story at Business Insider

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40 electric cars you'll see on the road by 2025

Posted: 10 Jul 2019 03:23 PM PDT

rimac c_twoRimac

  • While electric vehicles aren't posting big sales numbers yet, auto companies are making significant investments in them.
  • Both new and traditional car manufacturers plan to release electric vehicles in the coming years.
  • Some of the vehicles have specs and tech features that exceed most gas-powered cars.
  • Visit Business Insider's homepage for more stories.


While electric vehicles still represent a very small percentage of global car sales, automotive companies have made significant investments in them. As governments move to increase emissions standards, even traditional manufacturers anticipate electric vehicles playing a big role in the near future.

These are 40 electric cars you can expect to see by 2025:

1. Porsche Taycan

Porsche

Porsche will release the Taycan at the end of 2019.



Porsche says it will have over 310 miles of range.

Porsche

Porsche has said the Taycan will have a range of over 310 miles per charge, over 600 horsepower, and the ability to accelerate from 0-60 mph in less than 3.5 seconds. 



2. Volkswagen ID Buzz

Volkswagen

Volkswagen is revamping its iconic minibus with the I.D. Buzz, which will hit dealerships in 2022.




See the rest of the story at Business Insider

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SEE ALSO: I drove a $90,000 Jaguar F-PACE SVR to see if it's the best value in high-performance SUVs — here's the verdict