This is an excerpt from a story delivered exclusively to Business Insider Intelligence Transportation & Logistics Briefing subscribers. To receive the full story plus other insights each morning, click here. Amazon’s shipping costs were up 36% year-over-year (YoY) in Q2 2019 to exceed $8 billion. This follows three straight quarters where YoY growth in shipping costs […]
A top Wall Street strategist says stocks are nearing a threshold that’s historically triggered 20% gains — and lays out his case for more market records
AP/Mark Lennihan Stocks have solved one of their major vulnerabilities from last year and are now in position for even bigger gains, according to Jim Paulsen, chief investment strategist at Leuthold Group. Paulsen points out that the gains of all the S&P 500’s sectors are highly correlated, the opposite of what was happening in 2018. […]
NASA’s newest planet-hunting telescope just discovered a ‘super-Earth’ and 2 ‘sub-Neptunes’ less than 75 light-years away — among the closest exoplanets ever found
A powerful orbiting telescope called Transiting Exoplanet Survey Satellite (TESS) has discovered a "super-Earth" and two "sub-Neptunes" orbiting a star just 73 light-years away. One of the sub-Neptunes is in the star’s habitable zone — where it’s possible for planets to support life — but scientists think its atmosphere is very thick. TESS is NASA’s […]
Hackers Break Into ‘Fortnite’ World Cup Winner Bugha’s Social Media Accounts
As reported by Dexerto, Fortnite World Cup 2019 winner Kyle “Bugha” Giersdorf was recently hacked shortly after scoring the $3 million USD grand prize on July 28. Though the hackers were eventually ousted, they managed to send out several strange tweets and gift free subs on Bugha’s Twitch account. As Bugha celebrated his victory in […]
Beverly Hills oversight committee questions use of $15M in bond money to fight Purple Line
Crews work at the future Wilshire/La Cienega station on the Purple Line extension. | Courtesy of Metro A citizens’ committee says the school district has not “articulated a reasonable strategy” for its legal fight A Beverly Hills citizens’ committee is questioning the local school district’s use of voter-approved bond money to fund lawsuits challenging Metro’s […]
Dekmantel & Patta Rejoin for Five-Piece Festival-Ready Capsule
Record label Dekmantel and Patta have come together once again to deliver a limited-edition five-piece capsule collection. The two Amsterdam natives have been working together since 2015, and for this season the duo look back to 2016 with its bold colors and patterns adorning pieces such as a football jersey. Dekmantel and Patta will be […]