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6 companies that struck it big on China's zero-COVID policies and came out on top after 3 years of lockdowns
Business Insider - Matthew Loh
As China kept to its chaotic zero-COVID push, a few companies reaped the rewards of a country prone to lockdowns. China's economy suffered under zero-COVID, growing by just 3% in 2022 — one of the country's lowest levels ever. Businesses were operating under the constant threat of city-wide lockdowns …
Business Insider
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1 hour ago
Meta has a pay gap problem, with women abroad getting lower pay and smaller bonuses than men
Business Insider - Kali Hays
If you're a woman working for Meta abroad, chances are you're getting paid substantially less than the typical man who works there. The company, formerly known as Facebook, continues to pay women less than men, whether they're hourly workers or on salary, according to Meta's most recently available …
Business Insider
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2 hours ago
The FBI is warning that House lawmakers and hundreds of their staff had their personal information stolen due to a data breach at an online health insurance marketplace
Business Insider - Lloyd Lee
Personal information of hundreds of House members and staff was stolen due to a data breach at the District of Columbia's online health insurance marketplace, DC Health Link, according to a memo from a top House official. Chief Administrative Officer Catherine L. Szpindor sent a memo on Wednesday to …
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2 hours ago
These 14 Democratic senators broke with Biden and voted against striking down the DC criminal code
Business Insider - Bryan Metzger
The US Senate on Wednesday passed a Republican-led resolution of disapproval that would strike down a recent overhaul of the criminal code in Washington, DC. President Joe Biden has said he will sign the legislation, teeing up the first time in over 30 years that the federal government has …
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2 hours ago
Adidas' new CEO came out swinging during his first press conference, calling out Nike's lack of innovation and defending the three stripes
Business Insider - Danni Santana and Matthew Kish
Adidas CEO Bjørn Gulden participated in his first earnings calls with analysts and journalists on Wednesday. Gulden touched on a wide range of topics, such as a renewed focus on wholesale, the company's Yeezy inventory dilemma, and the pending release of the company's much-anticipated Fear of God …
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2 hours ago
A senator who ran a multimillion-dollar plumbing business claimed he only took a $50,000 salary. His financial statements show otherwise.
Business Insider - Jack Newsham
A Republican senator drastically understated how much money he made in the private sector as he argued with the head of the Teamsters union at a hearing in Washington on Wednesday. While lambasting Teamsters president Sean O'Brien for his nearly $200,000 salary, Oklahoma's Senator Markwayne Mullin …