Alex Bugarcic

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Delta Just Announced It's Giving Passengers Something Pleasant. Yes, For Free. Yes, Even in Coach | Inc.com

<i>Absurdly Driven</i> <i>looks at the world of business with a skeptical eye and a firmly rooted tongue in cheek.</i><p>It happens so rarely that, when it does occur, my eyes open wide and water.<p>Here I sit, then, goggle- and teary-eyed as I relay a kind gesture coming from an airline.<p>I know. You almost feel you …

Flying

Introverts make great leaders—but lack confidence in their capabilities

Introverts often don’t think they will enjoy leadership roles and so are less likely to go for the top job, new research finds. In fact, introverts in our study thought they would be worried and distressed in leadership situations.<p>Whether or not someone is an introvert is usually measured by how …

Did Airbnb Kill the Mountain Town?

Brian Barker was living in Portland, Oregon, with a well-paying union job as a spokesperson for the fire department. But despite having “a job you don’t leave”—he had an itch. “I wanted to go live in the mountains,” he says. “I didn’t want to sit in traffic all the time. I was tired of living in …

Burger Costs Hit a 3-Year Low Ahead of Independence Day

With beef this cheap for the Fourth of July, you might as well invite the whole neighborhood over for burgers.<p>Thanks to a boom in supply, retail-beef …

College Station

How Blue Apron compares to other subscription services, in one graph

When Blue Apron's S-1 dropped at the beginning of the month, there was a lot of excitement, and rightly so. This is one of the fastest growing consumer businesses in the United States over the last few years, poised to do over $1 billion in revenue in just its 6th year since launch.<p>It should go …

Houzz raises a huge $400M round at a $4B valuation

If you ask investors in Silicon Valley about Houzz — an app where you browse ridiculously nice homes and check out interesting interior design ideas — they’ll probably quietly mutter that they’re just growing their business. We really don’t hear about Houzz’s business that often.<p>Except now the …

Italy bails out two banks for 5.2bn euros

<b>Italy's government is bailing out two banks in the Venice region at a cost of 5.2bn euros (£4.6bn; $5.8bn).</b><p>The move comes two days after the European Central Bank warned that Banca Popolare di Vicenza and Veneto Banca were failing or likely to fail.<p>The banks' "good" assets will be taken on by …

Nike is cutting 2% of its global workforce and reorganizing its manufacturing

Nike, the world’s largest sporting-goods brand, is making some sweeping changes to the way it produces and sells sneakers in order to keep up with today’s demanding consumers.<p>The company has already been working for some time to shorten lead times on its products and increase the number of sales …

Slack is raising another $500 million — and has attracted interest from a range of big buyers like Amazon

The business communications company has gotten acquisition offers in the past from Microsoft and others.<p>Slack, the popular business communications company, is in the midst of raising $500 million at a $5 billion post-money valuation, an effort that has attracted several potential buyers interested …

UN agency reviews airspace blockade against Qatar

The United Nations aviation agency has said it will review requests from Qatar to intervene after its Gulf neighbours closed their airspace to Qatar flights.<p>The International Civil Aviation Organization (ICAO), a UN agency that regulates international air travel under the Chicago Convention, said …

5 Reasons You Should Use Wordpress To Start Your New Business

So you’ve decided to start a new business and need a platform to launch it. There are various platforms that cater to new businesses depending on …

Elon Musk and linguists say that AI is forcing us to confront the limits of human language

In analytic philosophy, any meaning can be expressed in language. In his book <i>Expression and Meaning</i> (1979), UC Berkeley philosopher John Searle calls this idea “the principle of expressibility, the principle that whatever can be meant can be said”. Moreover, in the <i>Tractatus Logico-Philosophicus</i> …

Get Treated Like a VIP at Airports---For As Little as $30

SOME YEARS AGO, after an overnight flight, I arrived at Moscow’s dreary Sheremetyevo Airport to face the usual scrum at passport control. Through my jet-lagged fog, I spotted an airport attendant effusively greeting a well-dressed man just behind me, and pulling him off the lengthy queue. I assumed …

How understanding conversation styles can make you successful

Though no two people’s conversational styles are exactly alike, there are patterns that tend to characterize styles.<p>Expecting shorter pauses between …

Brexit talks start Monday. The U.K. still lacks a plan

Britain is fast running out of time to figure out its Brexit plan.<p>The U.K. has confirmed that official divorce talks with the European Union will start on June 19. But it's far from clear what its negotiating position will be when they get underway.<p>Last week's general election wiped out Prime …

At last, you can get Microsoft Office from the Windows Store

The excellent Surface Laptop is now available in stores, and Microsoft Office is now in the Windows Store for the first time. This is a necessary step in Microsoft's plan for laptop domination, as the Surface Laptop is the first computer that runs Windows 10S -- a custom version of Windows that can …

Should WhatsApp let you disable URL previews?

Another reminder that if you want perfect security or privacy online you shouldn’t expect every single bell and whistle of tech-enabled convenience to be handily on tap.<p>End-to-end encrypted messaging app WhatsApp has been shown leaking metadata as users type URLs within chats, in a way that could — …

Lyft sets goal of 1 billion autonomous electric rides per year by 2025

Lyft has set itself some concrete goals for its renewed commitment to the Paris climate agreement, in spite of Trump’s announcement that the U.S. as a nation would be pulling out of the accord. Those goals focus primarily on Lyft’s autonomous ambitions, and so are contingent on the ride hailing …

Snap taps its IPO price as it continues to crash

<b>Update</b>: It happened! Snap fell down to its IPO price (for a few seconds) of $17 per share after its continued steady march south over the past several weeks. The company is now barely holding <i>just</i> above its IPO price.<p>Snap’s last earnings report resulted in a disaster, and while the company still …

Australia's economic winning streak is epic, but it's not a record

Australia has posted yet another quarter of economic growth, bringing its jaw-dropping run without a recession to nearly 26 years. But is it a new record?<p>The country's economy grew 0.3% in the first three months of the year, according to official data published Wednesday. That takes it to 103 …

News Industry

Ferrari: Multiple Growth Engines

Ferrari (NYSE:RACE) is a company that is a forerunner in the luxury auto industry, and its stock is a must-own for every investor. It has spectacular …

Investing

Luxury retail set for turnaround

<i>This story was delivered to BI Intelligence "E-Commerce Briefing" subscribers. To learn more and subscribe, please click here.</i><p>After a tough 2016, earnings growth among luxury retailers is expected to nearly double from 4% to 7% this year, marking a welcome boost in a sluggish market, according to …

Venture investing in the US and Europe are totally different industries

Victor Basta Contributor<p>Victor Basta is the founder of the boutique investment firm Magister Advisors.<p>More posts by this contributor:<p>There’s an implosion of early-stage VC funding, and no one’s talking about it<p>While venture investing outside the U.S. has come a long way in recent years, our …