Elon Musk is showing striking similarities to GE's legendary boss Jack Welch

Elon Musk at SpaceX Hyperloop Pod II competition in Hawthorne, California Reuters/Mike Blake Last week news leaked that Tesla had fired hundreds of underperforming employees It’s a move reminiscent of Jack Welch, the legendary GE executive, and his “vitality curve” theory Word leaked on Friday that Tesla  had fired 400 to 700 workers across the organization as part of its ...

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Amazon's latest tax penalty should be a red flag for tech companies

Amazon CEO Jeff Bezos. Getty / David Ryder EU Commissioner for Competition Margrethe Vestager said in a press release  that the setup enabled Luxembourg to give “illegal tax benefits” to Amazon. As a result, Amazon was asked to pay eight years of back taxes plus interest. The case is another clear indicator that the EU is cracking down on tax-minimizing setups ...

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People told the MongoDB founders they were 'completely crazy' and now the company is worth $1.6 billion

MongoDB’s IPO day. MongoDB IPO A decade ago, people told the MongoDB founders they were crazy to try and build their tech company in New York instead of Silicon Valley. On Thursday, MongoDB proved the naysayers wrong with a successful IPO. It’s been a “surreal” experience for one of its founders, 36-year-old Eliot Horowitz, he tells Business Insider. On Thursday, MongoDB pulled ...

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RANKED: The 25 happiest cities in the US

Anchorage is one of the happiest cities in the US.Rocky Grimes / Shutterstock National Geographic, Gallup, and New York Times best-selling author Dan Buettner released a ranking of the 25 happiest cities in the US based on The National Geographic/Blue Zones Index. Boulder, Colorado, was ranked as the happiest city in the US.  Other cities on the list include Anchorage, Alaska, San Diego, California, and Washington, ...

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The race to create a self-driving taxi fleet just took a bizarre turn with a $1 billion bet on Lyft led by Alphabet (GOOG, GOOGL)

Uber’s fleet of self-driving Ford Fusions in Pittsburgh. Business Insider/Corey Protin CapitalG, Alphabet’s investment arm, led a $1 billion funding round in Lyft. Alphabet has forged a close relationship with Lyft on self-driving cars as its pre-existing relationship with Uber has soured. The funding round highlights the intense battle to get self-driving cars on the road. Google is having a ...

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Gold Star families are coming out en masse and disputing Trump's claims amid his latest controversy

Donald Trump. Kevin Dietsch-Pool/Getty Images Gold Star families are speaking out after President Donald Trump said his predecessor, former President Barack Obama, did not call the families of fallen soldiers. A number of Gold Star families who lost their children or spouses in the military during Trump’s term in office said the president has yet to call them. One Gold ...

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Germany is worried about new generation of ISIS recruits

Police at the court entrance before the start of a trial of five suspected Islamist militants accused of recruiting fighters for ISIS in Syria. Thomson Reuters BERLIN (Reuters) – Germany’s domestic intelligence agency said on Thursday that minors returning from war zones in Syria and Iraq could grow into a new generation of recruits in Germany for the Islamic State ...

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Republicans are freaking out about a new report tying Hillary Clinton to a Russian uranium deal

Former U.S. Secretary of State Hillary Clinton takes part in the Women for Women International Luncheon in New York City, New York, U.S., May 2, 2017. REUTERS/Brendan McDermid President Donald Trump wants to revive an old scandal about a uranium deal with a Hillary Clinton connection. Proof of any quid pro quo remains unclear. Propelled by conservative media and congressional ...

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2 former presidents — from both parties — blast the state of American politics in unprecedented day

Barack Obama and George Bush. Getty Images/AP Images Presidents Barack Obama and George W. Bush lambasted the state of US politics on Thursday. Neither ex-president mentioned President Donald Trump by name. Each provided some of their most pointed commentary since Trump took office. The two most recent presidents on Thursday blasted the state of US politics in events that were separated by less ...

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