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The US is being presented with 2 choices: the economy or public health. Experts say it's a false dichotomy and there's a 3rd option.
- The US is widely said to be faced with a "very difficult choice" as some states look to reopen amid a rising coronavirus death toll: restarting the economy or protecting public health.
- "How many deaths and how much suffering are you willing to accept to get back to what you want to be some form of normality sooner rather than later?" Dr. Anthony Fauci asked in an interview with CNN.
- Some experts, however, describe a third choice they say would preserve American lives and the US economy: increasing testing and contact tracing.
Elon Musk just hit a key milestone on his path to a $55 billion payday — here's how his elaborate Tesla compensation plan works
Musk's compensation agreement with Tesla includes 12 "tranches" of stock options that only become available after certain goals are hit.
Trump blames Russia investigation and his impeachment for not being able to replenish medical supplies during his 3 years as president
Trump claimed he had "a lot of things going on" and blamed "a lot of people" who "refused to allow the country to be successful."
A memo from Airbnb's CEO announcing huge staff cuts is a case study in how leaders can conduct layoffs in a compassionate way
Airbnb is cutting about one quarter of its staff. CEO Brian Chesky's memo to the company shows respect and compassion for all employees affected.
Airbnb is cutting 25% of staff — 1,900 jobs — after its business has been slammed by the coronavirus crisis
Airbnb is restructuring its business and cutting 1,900 jobs, with its revenue expected to be less than half what it was last year.
McDonald's is giving employees in corporate stores a 10% bonus in May as a reward for working during the coronavirus pandemic
McDonald's is giving workers at company-owned stores at 10% bonus in May for working during the coronavirus pandemic.
A memo from Airbnb's CEO announcing huge staff cuts is a case study in how leaders can conduct layoffs in a compassionate way
Airbnb is cutting about one quarter of its staff. CEO Brian Chesky's memo to the company shows respect and compassion for all employees affected.
Airbnb is ending ambitious efforts to expand into transportation and film. Here are all the moonshot projects Airbnb is halting or scaling back to save money.
The company is cutting swathes of its business to get back to its roots, Airbnb CEO Brian Chesky said in a memo sent around the company.
'I have immunity': Rand Paul, who tested positive for coronavirus in March, was just spotted at the Capitol without a mask
Health officials have not definitively concluded that recovering from the coronavirus will impart a person with immunity.
Elon Musk called one of the world's top lockdown advocates an 'utter tool' who does 'absurdly fake science' after he was caught breaking his own rules to meet his lover
Ferguson, a top advisor to the UK government whose work prompted the lockdown, resigned on Tuesday and apologised.
A look at the global fintech landscape and how countries are embracing digital disruption in financial services
With large banks and agile startups both competing to get a piece of the rapidly growing fintech industry, new fintech hubs are sprouting in cities across the world. See how the landscape has evolved and where it's likely to go.
10 things in tech you need to know today
Airbnb is cutting 25% of staff — 1,900 jobs — after its business has been slammed by the coronavirus crisis.
Today's country-by-country coronavirus stats
Our daily dashboard showing you exactly where you are in this crisis, and how far we all have to go.
Joe Biden calls for a 'swift, full, and transparent investigation' of the killing of Ahmaud Arbery after footage of the incident emerges
"The video is clear: Ahmaud Arbery was killed in cold blood. My heart goes out to his family, who deserve justice and deserve it now," Biden tweeted.
ACCOUNTS PAYABLE AUTOMATION: The multitrillion-dollar accounts payable market is finally digitizing — here's how payments providers can grab a piece of it
This report breaks down analog and digital processes at all three stages of an accounts payable transaction, evaluating barriers toward digitization.
Hungary rejected ratifying a treaty to protect women from violence, because it said it promoted 'destructive gender ideologies' and 'illegal immigration'
Lawmakers from Hungary's ruling party claimed that the treaty promoted "destructive gender ideologies."
Why are Apple Pay, Starbucks' app, and Samsung Pay so much more successful than other wallet providers?
A new report from BI Intelligence addresses how in-store mobile payments volume will grow through 2021, why that’s below past expectations, and what successful cases can teach other players in the space.
The Philippines' largest television network, which refused to air Duterte's 2016 presidential campaign, has been forced off air, striking a blow to media freedom
The National Union of Journalists of the Philippines told The New York Times the closure sent a clear message: "What Duterte wants, Duterte gets."
THE BUY BUTTON REPORT: The introduction of SRC will turn the online retail payments industry on its head — here's how payments players can win in the new checkout landscape
This report lays out what SRC and its buy button are, how the button works for users and merchants, and obstacles between it and widespread adoption.
There are more than 100 potential coronavirus vaccines in the works. Here are the top efforts to watch, including the 20 programs expected to start human trials this year.
Research is moving historically fast to produce a coronavirus vaccine, with eight vaccine candidates already in human trials.
UK car sales plunged 97% in April, with private customers only registering 871 new vehicles
April is shaping up to be the worst month in UK car sales in 74 years. Only 4,321 new cars were sold.
How to pronounce 'X Æ A-12,' the name Elon Musk tweeted he and Grimes gave their new baby
When a Twitter follower asked Musk on Monday night what they'd named their son, Musk replied, "X Æ A-12 Musk."
Apple, Ford, and GM are stepping up to address global shortages of ventilators, hand sanitizer, face masks, and gowns. Here's a running list of companies helping out.
Tim Cook, James Dyson, Mary Barra, and other leaders are responding to calls for more healthcare equipment.
Pickup trucks outsold passenger cars in the US for the first time ever last month as buyers flock toward bigger vehicles
Just five years ago, sales of passenger cars outpaced pickups by about 500,000 units per month in the US. Now, the trucks have taken the lead.
I got takeout from Rao's, one of New York City's most exclusive and iconic restaurants, during a pandemic. Here's what it was like.
Rao's is currently offering takeout for the first time in its 124 years of existence. I could not turn down an opportunity to try it.
THE STORIES REPORT: How brands can take advantage of the viral growth of the Stories format
Business Insider Intelligence identifies the most popular platforms for Stories, best practices for engagement, and challenges hindering adoption.
'A Yankee Stadium of death': Trump walked back on his prediction for the total number of US coronavirus deaths, admitting that the death toll may rise as states reopen
The Trump administration previously predicted that the US would see about 60,000 coronavirus-related deaths. Over 71,000 people have died so far.
THE SMART SPEAKER REPORT: Smart speakers could be the fastest-growing digital platform ever — here's how to engage with customers through the devices
This report examines the evolving smart speaker market while breaking down top use cases and reasons why they are or aren't resonating with consumers.
Elon Musk said his and Grimes' new baby is named X Æ A-12. Grimes broke down the meaning behind each letter of the bizarre moniker.
Tesla and SpaceX CEO Elon Musk and musician Grimes had their first child on Monday night. Grimes broke down the meaning of the baby's name on Tuesday.
The ad world prepares for a return to the office
CEOs of WPP, Omnicom, and others are planning for how their workplaces will change, from smaller office footprints to routine temperature checks.
IoT 101: Your Essential Guide to the Internet of Things
A new report from Business Insider Intelligence outlines the basics of the IoT and what this next wave of technology means to the everyday individual.
Justice Ruth Bader Ginsburg hospitalized for a gallbladder condition in Maryland
The Supreme Court said in a statement that Ginsburg plans to participate in the oral arguments tomorrow morning remotely from the hospital.
A federal judge just ordered New York election officials to restore Bernie Sanders to the presidential primary ballot
The New York Board of Elections' decision to cancel its presidential primary angered Sanders and his supporters, and prompted a lawsuit
Venture-backed startups are laying off thousands of tech workers as the coronavirus strains finances. Here's a list of all of the startups that are cutting headcount.
Here's everything we know about which venture-backed startups are slashing headcount due to the coronavirus and economic fallout.
These 5 factors are transforming the healthcare experience for both patients and doctors
Business Insider Intelligence has created an infographic showcasing compelling statistics from its recent digital health research.
Buffets were already on their way out. The coronavirus pandemic may have dealt them a final blow.
Dining trends that have accelerated during the pandemic — more takeout, delivery, and online ordering — could leave buffets in the dust.
An oceanfront compound in Southampton just sold for $57.5 million. Here's a look inside the massive property, which has 2 houses and its own private beach.
The hedge-lined Long Island compound consists of two houses each built in French Chateau style, a heated pool, and private beach.
Wendy's won't switch to frozen beef, even as shortages cause hundreds of locations to run out of burgers
Despite some locations running out of burgers, Wendy's says the chain has no plans to serve hamburgers made with frozen beef.
How crime scene cleaners are disinfecting hot spot areas from the coronavirus
In the wake of the pandemic, cleaning companies known for crime scene and biohazard cleanup called to disinfect hot-spot areas from the coronavirus.
61 cognitive biases that screw up everything we do
To clue you into the biases that frame our decisions, we've collected a long list of the most notable ones.
Photos show how menacing 'murder hornets' can be. The venomous beasts can decapitate honeybees and kill humans.
Asian giant hornets, known by their horrifying nickname "murder hornets", have been spotted for the first time in the US. Here's what it could mean.
An Amazon warehouse employee in New York has died of COVID-19
The Verge first reported the death of the employee, who had worked at a Staten Island facility where others have spoken out about conditions.
Trump declined to wear a mask at a mask making factory — despite signs displayed that they were required — in a visit that featured music usually played at his campaign rallies
The Rolling Stones were played at the end of President Donald Trump's speech at the Honeywell facility similar to what happens at his rallies.
The company behind 'Call of Duty' says it's funding COVID-19 treatment research while it figures out how to produce video games remotely
The latest "Call of Duty" has been a sales smash as many people are stuck indoors. Now, its publisher is funding coronavirus-fighting drugs.
THE MONETIZATION OF OPEN BANKING: How legacy institutions can use open banking to develop new revenue streams, reach more customers, and avoid losing out to neobanks and fintechs
Business Insider Intelligence identifies various open banking monetization strategies and outlines actionable steps to make them successful.
Obama's office excoriated a GOP-led congressional probe into Joe Biden and Ukraine as giving 'credence to a Russian disinformation campaign'
The investigation is rooted in efforts by some who are "actively supported by Russia" to blame Ukraine for meddling in 2016, Obama's office said.