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Missed the gold rush? Here's why some collectors start with silver
Business Insider· 2025-09-20 09:57
Core Insights - The price of gold has surged to over $3,700 per ounce, approximately double its value from two years ago, indicating a strong market performance for precious metals this year [1] - Silver has also experienced significant gains, with a 47% increase this year, surpassing gold's 39% rise, suggesting a correlation between the two metals [3][10] - The current price of silver is around $43 per ounce, making it more accessible for novice collectors compared to gold [4] Group 1: Market Trends - Gold is projected to reach $4,000 per ounce by the end of the year, as anticipated by some Wall Street investors [4] - The rise in gold prices has led to increased interest in silver, as investors look for more affordable options [2][10] - The historical price ratio between gold and silver is currently wide, indicating potential upside for silver [11] Group 2: Investment Considerations - Silver is considered more volatile than gold, making it a riskier investment, particularly for short-term strategies [10] - The market is seeing an increase in supply as some collectors cash out during this high price period [12] - Ownership of precious metals introduces challenges such as storage, insurance, and resale, which are applicable to both silver and gold [13]
HR is now the front line in America's culture wars — and they're overwhelmed
Business Insider· 2025-09-20 09:55
Core Viewpoint - The recent political tensions and social media dynamics are placing increased pressure on HR leaders to manage workplace culture and employee behavior effectively [3][10][12]. Group 1: Impact of Political Tensions - HR teams are facing additional responsibilities due to political events, such as the recent murder of conservative activist Charlie Kirk, which has led to calls for reporting employees who express controversial views [1][2]. - Companies like Microsoft, Delta Air Lines, and Nasdaq have already taken action against employees for their social media comments regarding Kirk, highlighting the growing scrutiny on employee behavior [2][11]. Group 2: Challenges in Social Media Management - The rise of social media complicates HR's role, as employees' online comments can reach vast audiences, making it difficult to manage perceptions of the organization [4][5]. - HR professionals are increasingly receiving inquiries about corporate social media policies, as the line between personal and professional expression blurs [10][17]. Group 3: Evolving Workplace Policies - Many HR leaders are reexamining workplace rules related to political discussions and social media, indicating a shift in how companies approach these topics [13][14]. - The pressure on HR to define acceptable behavior is intensifying, as companies seek to avoid political backlash and maintain a neutral workplace environment [11][12]. Group 4: Broader Responsibilities for HR - HR leaders are now expected to navigate not only employee relations but also technological advancements, such as AI, while managing a politically charged atmosphere [16][17]. - The increasing demands on HR professionals to balance various roles and responsibilities are leading to feelings of being overwhelmed [16][18].
Judge tosses Trump's $15 billion lawsuit against The New York Times because it's way too long
Business Insider· 2025-09-19 17:27
Core Points - A federal judge dismissed President Trump's defamation lawsuit against The New York Times before the newspaper could respond, citing the lawsuit's excessive length as a primary reason [1] - The judge, Steven Merryday, criticized the lawsuit as being more of a political document than a serious legal filing, stating that it was "tedious and burdensome" with excessive detail [2][9] - Trump's legal team intends to continue pursuing the lawsuit, which seeks $15 billion in damages and also names Penguin Random House as a defendant [3][8] Summary by Sections - **Lawsuit Dismissal** - The lawsuit was dismissed due to its length, with the judge stating it exceeded the acceptable page limit [1][11] - The judge provided Trump's attorneys with 28 days to re-file the lawsuit, limiting the new filing to 40 pages [2] - **Judge's Critique** - Judge Merryday described the lawsuit as improper under federal court rules and noted that it contained repetitive and superfluous details [9][11] - The judge highlighted that the first count of defamation was not explained until page 80 of the 85-page complaint [10] - **Trump's Response** - A spokesperson for Trump's legal team confirmed that the president would continue with the lawsuit, emphasizing accountability for what he terms "Fake News" [3] - The lawsuit includes a long list of grievances against The New York Times and claims regarding Trump's political and business successes [9]
In 'brutal' interview, SAP CFO says AI means the company can produce more software with fewer people
Business Insider· 2025-09-19 16:01
At a tech conference in San Francisco recently, I met Dominik Asam, CFO of SAP, Europe's most valuable software company. I started by asking him what AI tools he uses, and the conversation evolved from there. Asam said he's a massive user. "For me personally, it is really more research — I'm preparing a presentation and I want to have some data and I just prompt the tool to say, give me that data," he explained.A common goal is to instill urgency among SAP customers that they shouldn't sit around and wait ...
American Airlines sued by 16 passengers over Denver engine fire
Business Insider· 2025-09-19 14:25
Core Viewpoint - Sixteen passengers are suing American Airlines for negligence and extreme conduct after a flight incident where an engine caught fire, leading to injuries and an emergency evacuation [1][3]. Incident Summary - On March 13, American Flight 1006 took off from Colorado Springs but reported engine vibrations shortly after takeoff, leading to a diversion to Denver International Airport [2]. - The aircraft landed an hour later, and after taxiing, the engine caught fire, prompting an emergency evacuation where 12 passengers were hospitalized [2]. Legal Allegations - The lawsuit filed in Colorado District Court accuses American Airlines of three counts of negligence and one count of gross extreme and outrageous conduct [3]. - It questions the pilots' decision-making, including the timing of declaring an emergency and the choice not to return to Colorado Springs [3]. - The suit highlights maintenance issues, including a leaking engine and a failed emergency slide deployment [10]. NTSB Findings - The National Transportation Safety Board's preliminary report indicated that fluid was leaking from the engine while taxiing, and the Mayday was only declared after the fire ignited [4]. - The report also noted a fractured fan blade and improperly fastened components that contributed to the fuel leak [10]. Passenger Experience - Passengers described a chaotic evacuation, with one plaintiff, a pregnant woman, attempting to protect her child during the incident [8][9]. Next Steps - The plaintiffs are seeking a jury trial, with a scheduling conference set for November 3 [10].
Gold is worth more than ever. A metals dealer shares 3 tips to keep your stack safe.
Business Insider· 2025-09-19 09:49
Core Insights - The recent surge in gold prices has heightened the value of gold collections, prompting collectors to consider better security measures for their assets [1][2]. Group 1: Gold Price Trends - The spot price of gold exceeded $3,700 per ounce, reflecting an increase of over $1,000, or 38%, this year, compared to two years ago when the price was approximately half [2]. - This significant price increase has led to a greater focus on the security of gold holdings, as collectors seek to protect their investments [2][3]. Group 2: Storage Recommendations - For small amounts of gold, it is suggested to store them in a discreet safe at home, as traditional safes may attract thieves [4]. - It is advised that collectors have a trusted person aware of the gold's location, as homeowners' insurance often has low coverage limits for gold, sometimes around $200 [5]. - Larger amounts of gold should ideally be stored in a trusted depository, as keeping significant quantities at home is not recommended [6][11]. - Specialized companies offer storage and insurance for precious metals, with fees typically based on the value of the holdings [12][13]. Group 3: Security Practices - Regardless of the storage method chosen, maintaining secrecy about gold holdings is crucial to avoid potential risks [13][14]. - Collectors are advised not to disclose details about their gold possessions to neighbors or others, as this can lead to security vulnerabilities [15].
Nvidia CEO explains why he's making a $5 billion bet on struggling chip giant Intel
Business Insider· 2025-09-18 20:29
Core Viewpoint - Nvidia's $5 billion investment in Intel signifies a strong endorsement of Intel's turnaround efforts amidst its struggles with market share and revenue decline [1][2][7]. Investment Details - Nvidia will integrate its GPU technology into Intel's upcoming AI PC models, while Intel's CPUs will be used in Nvidia's data centers [2][12]. - Nvidia is expected to become a significant customer of Intel's CPUs, which has led to a 23% increase in Intel's stock price [3][7]. Political Context - The partnership follows a tumultuous period for Intel, including political scrutiny from the Trump administration, which initially called for Intel's CEO to resign [4][5]. - Nvidia's collaboration with Intel may align it more closely with U.S. industrial policy, potentially mitigating scrutiny regarding its operations in China [6][7]. Market Implications - Nvidia's investment could allow it to penetrate the personal computer market more effectively, which has been dominated by AMD and ARM [12][13]. - Analysts suggest that while Nvidia's investment is significant, it may not resolve Intel's ongoing challenges with its foundry business [14][15]. Future Outlook - The partnership could influence future Intel product designs as AI technology becomes more integrated into personal computing [16]. - No specific timeline for future product roadmaps has been provided, indicating that substantial changes may take several years [17].
Stock Market Today: Indexes Vault to New Records After Nvidia-Intel Deal
Business Insider· 2025-09-18 13:36
Nvidia, once again, has stolen the show — specifically the chip titan's announcement of a massive investment in a struggling rival. The S&P 500 and the Nasdaq Composite touched fresh records on Thursday, with the indexes coming to life after a tepid response to a widely expected rate cut from the Federal Reserve on Wednesday. The catalyst? A $ 5 billion deal between Nvidia and Intel, which sparked a big rally led by chip stocks in early morning trading. Nvidia shares ticked rose 3%, while Intel soared a ...
Spirit Airlines tells pilots it wants to cut their pay and shave $100 million from their union deal
Business Insider· 2025-09-18 11:34
Spirit Airlines bosses want to cut pilots' union-negotiated pay as it seeks to recover from its second bankruptcy filing in under a year. The airline needs to save $100 million a year on its collective bargaining agreement with pilots, Chief Operating Officer John Bendoraitis told the pilots' union in a Tuesday letter shared with Business Insider.He said Spirit "must achieve significant cost savings" to "secure the company's future." "Given the challenges we face, time is of the essence," he added.The let ...
Tesla is redesigning its door handles after some parents reported children getting trapped inside
Business Insider· 2025-09-18 10:19
Core Viewpoint - Tesla is re-evaluating its door handle design to incorporate more manual controls for emergency situations, following safety concerns and regulatory scrutiny [1][2][3][4] Group 1: Design Changes - Tesla's chief designer announced plans to combine electronic and manual door controls into a single button for easier access during emergencies [1] - The company is responding to complaints about the difficulty of using manual door releases in emergencies, which have been reported by owners [3][4] Group 2: Regulatory Scrutiny - The National Highway Traffic Safety Administration (NHTSA) has initiated an investigation into Tesla due to multiple complaints from parents about children being trapped in the Model Y SUV when electronic door controls failed [2] - Chinese regulators are also considering a ban on flush or concealed door handles, prompting Tesla to study the proposed legislation [3] Group 3: Safety Incidents - A Bloomberg report highlighted incidents where Tesla's complex door design hindered evacuation during emergencies, raising safety concerns [4] - Tesla's board has acknowledged these safety issues and emphasized that the vehicles are equipped with a manual override for power failures [4]