An unusual boost is showing up in some corporate earnings this summer: tariff refunds. Nintendo became the latest beneficiary of the boost on Thursday, reporting net profit of 147.4 billion Japanese yen, or $931 million, for the quarter ending June, up 54% from a year earlier and handily beating analyst expectations of 77.8 billion yen.
Whatnot, started in a Funko Pop-flooded rental house, is now a $20 billion company. The live commerce platform exclusively told Fortune it recently raised its $545 million Series G, almost doubling Whatnot’s valuation from $11.5 billion in its October 2025 round. It’s an unlikely story in all sorts of ways, from the tech giant’s previous
Free the knee? Our readers want the knee locked away. Instagram boss Adam Mosseri recently came out as “pro” shorts in the workplace. He said that it was a “hot debate” in the Instagram office, though “not all shorts are created equal” and not everyone can “pull them off.” We posted the question to our
At 5:20 a.m. Eastern Time today, oil was priced at $86.04 per barrel with Brent serving as the benchmark (we’ll explain different benchmarks later in this article). That’s a gain of $2.40 compared with yesterday morning and around $19 higher than the price one year ago. Oil price per barrel % Change Price of oil
PwC has canceled the signature finale to its summer internship program: a multi-day trip to Disney World. Managers at the Big Four firm told members of its 2026 summer intern class they wouldn’t be ending their internships with a trip to Orlando, according to three PwC interns who spoke to Business Insider. PwC confirmed that
You’re not imagining it. Getting a job right now really is harder than it used to be. That’s because Greenhouse CEO Daniel Chait has crunched the numbers on the job market, and they’re brutal: for every 10 open roles on his hiring platform alone, there are 2,539 applicants fighting over them. His advice for standing
