These are the 19 Airbnb execs rebuilding the company for growth and an IPO amid the biggest travel industry crisis in decades

2020 should have been a celebratory year for Airbnb, a time when founder CEO Brian Chesky took the company public in one of the biggest tech IPOs of the decade. Instead COVID-19 hit and devastated the travel industry and Airbnb was forced to trim about 25% of its workforce and bench some of its more […]

A nationwide mask-wearing mandate would accelerate the US economic recovery, Dallas Fed president says

A nationwide mask-wearing mandate would slow the coronavirus’ spread and boost the US economic recovery, Robert Kaplan, president of the Federal Reserve Bank of Dallas, said Friday. Additional monetary and fiscal stimulus is important, but adhering to public health protocols is “the primary economic policy” for helping the US grow faster, Kaplan said on Fox […]

A nationwide mask-wearing mandate would accelerate the US economic recovery, Dallas Fed president says

A nationwide mask-wearing mandate would slow the coronavirus’ spread and boost the US economic recovery, Robert Kaplan, president of the Federal Reserve Bank of Dallas, said Friday. Additional monetary and fiscal stimulus is important, but adhering to public health protocols is “the primary economic policy” for helping the US grow faster, Kaplan said on Fox […]

The best way for companies to incorporate ESG goals is by using data science and AI

Junta Nakai is the global industry leader for financial services at Databricks, a big data and AI company valued at $6.2 billion. In this op-ed, Nakai explains why companies looking to focus on environmental, social, and governance (ESG) goals need to use data and AI technology. Visit Business Insider’s homepage for more stories. Companies and […]

Some short-term rental startups like Sonder and CorpHousing say they’re bargain-hunting for new locations to bet on an eventual travel recovery

The short-term rental industry has seen two big trends during the pandemic: a collapse in demand leading to liquidity challenges for urban operators, and a surge in demand for rural properties. Airbnb-backed Lyric has shrunk to a single hotel in New York after slashing staff. Stay Alfred, one of the earliest venture-backed short-term rental companies, […]

Cruise lines surge after Carnival reports 2021 demand “within historical ranges” (CCL, RCL, NCLH)

Cruise lines soared on Friday after Carnival Corp. reported second quarter earnings that revealed a few positive trends developing within the industry, after its business was decimated by COVID-19. The company said cumulative advanced booking for 2021 is “within historical ranges” with prices that are down slightly low to mid-single digits on a comparable basis. […]

Dow gains 250 points as traders weigh virus spike against treatment advances

US stocks rose on Friday as traders weighed another record in daily virus cases against advances in treatment. On Thursday, the US reported 63,200 new coronavirus cases, according to data from Johns Hopkins University. Meanwhile, Gilead Sciences said on Friday that an analysis of clinical-trial data for its remdesivir drug found a 62% reduction in […]

Tesla short-sellers have lost $18 billion this year on the stock’s 230% spike (TSLA)

Tesla’s stock has rallied this year, gaining as much as 230% on solid vehicle delivery numbers and a slew of Wall Street upgrades. In the same timeframe, traders betting against Tesla have notched $18.08 billion net-of-financing mark-to-market losses, according to data from financial-analytics firm S3 Partners. A solid part of those losses occured in June […]

14 clear signs it’s time to quit your job and move on to something better

If you’re stuck in a bad job or have been imagining working elsewhere, it can be hard to know when it’s the right time to quit. “Don’t jump if a couple of issues occur for a short period, but if they continue for months, it may be time to walk,” advises Psychology Today. We’ve compiled […]

There are more diversity-and-inclusion executives at Fortune 500 companies than ever before, but not much has changed yet

Over the past five years, more companies have been hiring diversity, equity, and inclusion executives, according to new data from business-to-business software company ZoomInfo. From 2015 to 2020, there has been a 113% increase in executives with diversity-and-inclusion (D&I) titles, according to the new report. You can read the ZoomInfo findings here. D&I executives are […]