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India’s largest company, Reliance Industries, has reportedly offered Amazon a 40% stake in its retail arm for $20 billion

September 15th, 2020
India's largest company, Reliance Industries, has reportedly offered Amazon a 40% stake in its retail arm for $20 billion thumbnail

Mukesh Ambani, managing director of Reliance Industries. Adnan Abid/Reuters Reliance Industries has offered to sell Amazon a 40% stake in its retail arm in a deal that could be worth $20 billion, a source told Bloomberg News. Reliance Retail is India’s largest retailer, and owns more than 11,000 stores. It also owns e-commerce platform JioMart, which is a growing threat to Amazon in India. Visit... Read More

POWER LIST: The 10 best industries for entrepreneurs to start profitable businesses as America adjusts to life in a pandemic

September 15th, 2020
POWER LIST: The 10 best industries for entrepreneurs to start profitable businesses as America adjusts to life in a pandemic thumbnail

Premium Half of Americans want more local businesses like restaurants, coffee shops, and grocery stores in their communities. mixetto/Getty This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. If you want to bet on America and the country’s ability... Read More

Dollar General’s push to fill stores with fresh produce and frozen-food options gives the chain a big box feel

September 15th, 2020
Dollar General's push to fill stores with fresh produce and frozen-food options gives the chain a big box feel thumbnail

Dollar General is betting big on its DG Fresh program. David Allio/Icon Sportswire via Getty Images Since January 2019, Dollar General has rolled out grocery capabilities across its fleet of stores through its DG Fresh initiative. The grocery business is known for its thin margins, but Dollar General has seen major success with offering fresh and frozen products so far. Through DG Fresh, Dollar General... Read More

The Real Pandemic Gap Is Between the Comfortable and the Afflicted

September 15th, 2020
The Real Pandemic Gap Is Between the Comfortable and the Afflicted thumbnail

The stories from the front lines of this country’s abandonment of the poor in the middle of the coronavirus pandemic are not in short supply. The Washington Post reports on the devastating stories of workers waiting for benefits from the cold and broken bureaucracy of D.C.’s unemployment bureau; one ends the story with $1 left in his wallet. The Guardian brings us stories from the Deep South, where a young Black woman named Sandy Oliver counts off the number of people she knows who have died from coronavirus—“at least 10.” Kaiser Health News details the agonizing inevitability... Read More

Remote Work Won’t Save Us

September 15th, 2020
Remote Work Won’t Save Us thumbnail

A hallway room in the back of my childhood home contained the sewing machine and, beginning in the mid-1990s, a succession of computers. The first computer wasn’t even a computer; it was a monochrome word processor and printer. Then an uncle gave us a Macintosh 128k, a small boxy Apple personal computer with a floppy disk drive on the front. After that, we went through a series of Apple computers including one of those iMacs that looked like a piece of candy. Early on, I used the computers to play games. When dial-up internet arrived, my sisters and I pillaged a never-ending stream... Read More

ESPN 8 the Ocho: Top Highlights, Funny Reaction, Schedule for Saturday’s Events

September 15th, 2020
ESPN 8 the Ocho: Top Highlights, Funny Reaction, Schedule for Saturday's Events thumbnail

David Kohl/Associated Press If you woke up Saturday morning and wanted nothing more in life than to watch people bag groceries competitively, then you were in luck, as the 2020 Ohio Grocery Baggers Bowl was part of the ESPN 8: The Ocho lineup. The Ocho slate included slippery stairs, frog jumping, cheese rolling, marble runs and stupid robots (their words) fighting each other. It also consisted of a sport called death diving, which looks as scary as it sounds. In addition, the day’s showcase featured Japanese monster wrestling, a world deadlift attempt, the 2019 Grit n’ Writ... Read More

Migrant agricultural workers experiencing a food crisis

September 15th, 2020
Migrant agricultural workers experiencing a food crisis thumbnail

When Deon Castello delivers a box of fresh produce to migrant agricultural workers working on two different Bradford, Ontario, farms, she makes sure she is out of sight of the farms’ security cameras.  She unpacks a cardboard box filled with fresh produce and leaves the fruits and vegetables by the side of the road in plastic bags. Castello corresponds her covert drop with the end of migrant workers’ work days so the produce doesn’t sit by the road for too long. After Castello leaves, the workers quickly collect the fresh food and bring it back to their bunkhouses unnoticed.  Some... Read More

America Owes More to Its “Essential” Immigrant Workers

September 15th, 2020
America Owes More to Its “Essential” Immigrant Workers thumbnail

Beatriz knows that the piece of paper she was given by her employer, certifying her as a critical worker, is not what makes her essential. “I know they say now we’re essential, but we always have been, because we’ve always brought the food to people’s tables. If it wasn’t for us, right now there would be no food,” she said. Like hundreds of thousands of others around the country, Beatriz is risking her own safety to perform vital work during the Covid-19 pandemic, all without legal immigration status. She came to be in such a situation by an odd twist of fate: While she was... Read More

Only 25% of Americans think capitalism is good for society

September 15th, 2020
Only 25% of Americans think capitalism is good for society thumbnail

The Harris Poll and Just Capital, an independent research firm founded by the billionaire investor Paul Tudor Jones, surveyed 1,000 people on their thoughts about capitalism amid the coronavirus pandemic. Only 25% of respondents said they believed that our current form of capitalism ensures the greater good of society. More Americans are calling for reform, such as higher wages for hourly and contract employees, as well as health insurance for all workers. This post is part of Business Insider’s ongoing series on Better Capitalism. Visit Business Insider’s homepage for more stories. More... Read More

Baby boomers show concerning decline in cognitive functioning

September 15th, 2020

In a reversal of trends, American baby boomers scored lower on a test of cognitive functioning than did members of previous generations, according to a new nationwide study. Findings showed that average cognition scores of adults aged 50 and older increased from generation to generation, beginning with the greatest generation (born 1890-1923) and peaking among war babies (born 1942-1947). Scores began to decline in the early baby boomers (born 1948-1953) and decreased further in the mid baby boomers (born 1954-1959). While the prevalence of dementia has declined recently in the United States,... Read More