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The Latest Breaking News from Business Insider

Plus: A failed return to regular order, COVID-era spending scandals, and yet another city tries to shut down a local church's homeless shelter.

Reason

Bernie Sanders Backs Trump's Plan for 10% Credit Card Interest Rate Cap To Save Americans Billions

Bernie Sanders hopes that Donald Trump will fulfil his promise to impose a temporary credit card interest rate cap of 10% to help Americans repay existing debt and improve personal finances.

International Business Times UK

Mike Lindell's 'Cash-Strapped' MyPillow Took $1.5M Payday Loan At 409% Interest Rate: Lawsuit

Lindell, who has been sued over his false claims the 2020 election was rigged, said misconduct by the company makes the loan "unenforceable"

International Business Times

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Weak demand prevents Amazon from deploying AMD's Instinct AI accelerators in the cloud — the company plans to strengthen its portfolio with Nvidia Blackwell GPUs

Amazon Web Services does not see enough demand for AMD's Instinct MI300-series accelerators for AI and HPC to deploy them in the cloud.

Tom’s Hardware

Tesla Cybertruck Line Workers Told To Stay Home: ‘No Need To Report To Work’

The Tesla Cybertruck is arguably the most controversial new vehicle on the market–five years after it was initially shown to the public in prototype form. Some love it, others hate it, but one thing is clear: you’ll be noticed on the road if you happen to be inside a Cybertruck.

InsideEVs

Is Tesla's Austin Factory in Trouble? Workers Told to Stay Home from December 3 to 5 But Will Get Full Pay

Tesla paused Cybertruck production for three days, citing unspecified reasons. Workers will still receive pay.

International Business Times UK

Federal Employees Fear for Their Lives After Elon Musk Uses X to Publicly Shame Government Workers He Wants to Fire

Federal employees are fearing for their livelihoods after Elon Musk shared negative social media posts that included the names of government employees.

Latin Times

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“I Shared Things They Wouldn’t Have”: Gen-Zer Left In Tears After Being Rejected For Job

"If you're wondering what the job market looks like right now, look no further than my swollen eyelids." The post “I Shared Things They Wouldn’t Have”: Gen-Zer Left In Tears After Being Rejected For Job first appeared on Bored Panda.

Bored Panda

Several of Trump's Cabinet picks — and Trump himself — have been accused of sexual misconduct

Former congressman Matt Gaetz has withdrawn his name as President-elect Donald Trump's choice for attorney general in the face of sexual misconduct allegations

The Independent UK

Nvidia's Blackwell AI GPU overheating issues are seemingly overhyped — semiconductor analysts reveal cooling issues have been mostly addressed

Analysis report that Nvidia's Blackwell overheating problems are over-exaggerated. Overheating issues have been purportedly largely addressed already.

Tom’s Hardware

Is Microsoft flying a sinking ship with Copilot and 'gimmicky' AI tools?: "We are building the plane as we fly it. Nothing else matters. They want a Copilot tie-in for everything"

An exclusive report by Business Insider highlights Microsoft's struggles with Copilot, including privacy and security. Microsoft reportedly relies on third-party vendors to make Copilot work across its tech stack, including Microsoft 365.

Windows Central

Trump tariffs could cause tech prices to rise by 46%, says report

Fancy a new phone or a games console? This might be the best time to buy

Barbara Corcoran Calls Donald Trump 'The Best Salesman I've Ever Met', Reveals His 'Genius' Tactic

Barbara Corcoran's reflections on Donald Trump reveal a complex blend of admiration and insight into his unique approach to sales and influence.

International Business Times UK

Amazon CEO Andy Jassy hates bureaucracy so much he's planning to increase the ratio of employees to managers

The e-commerce giant says bureaucracy creates inefficiency.

Fortune

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International Business Times UK

'No, You Don't Need A Golf Cart To Get The Mail': How This Millionaire Dad Keeps His Kids Financially Grounded

John Wetmore, a former struggling teen, balances raising privileged kids with instilling the value of hard work and financial responsibility.

International Business Times

America's Biggest Retailers Will Face 'Massive Upheaval' In Wake of Trump Tariffs, Former Target Exec Warns

Action on tariffs, taxes, immigration and regulations could have huge effects on Walmart, Costco and Target

International Business Times UK

Divorced Boomers Struggle with 40% Less in Retirement Savings – Why Women Lose More in Settlements

Divorces are adding to the financial distress of US retirees, especially women who don't have a robust financial infrastructure as men, creating long-term income gaps.

Windows Central

"$10 billion investment in OpenAI, and Copilot sucks compared to ChatGPT": Microsoft staffers and customers lament Copilot's warm and inviting update — a "step backward" and "absolutely ruined"

According to a new report, Microsoft staffers say the new Copilot update has ruined the experience and is a step backward compared to the previous version.

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Fortune

Salesforce CEO Marc Benioff is tearing into Microsoft's AI Copilot

Benioff recently blasted Microsoft for doing a “tremendous disservice” to the AI industry

Fortune

How actress Eva Longoria saved 'John Wick' with a last-minute $6 million investment

As the first installment of the popular franchise was wrapping, it ran into financial problems.

Tom’s Hardware

GlobalFoundries helps pay off student loans to retain and attract semiconductor talent — qualified US employees receive up to $28,500 in student debt relief

GlobalFoundries program offers up to $28,500 in loan repayment for enrolling students.

International Business Times UK

'Understanding Over Repetition': Amazon Engineer's 'Study Smarter, Not Harder' Tips For Conquering Coding Interviews

Rahmel Bailey, a software engineer at Amazon, offers valuable insights on cracking technical interviews in the tech industry.

The Independent UK

Macy’s accused of covering up Diddy sex attack to protect major deal with his clothing brand

Sean ‘Diddy’ Combs was arrested in September after a grand jury indicted him on federal charges of sex trafficking and racketeering

International Business Times UK

Dell Forces Employees To Return To Office With Two-Day Notice 'Because That's What Amazon Is Doing'

Dell's sudden mandate for a full-time return to the office has caused panic among its employees, particularly the sales team, who had hybrid or WFH options.

Windows Central

OpenAI's $6.6 billion investor funding could be setting up the ChatGPT maker for failure unless a critical threshold gets a stamp of approval

OpenAI's latest funding round could set the company up for a massive failure if it is unable to become a for-profit entity for two years. Failure to meet this critical threshold would mean it would have to refund the money to the investors.

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