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Here's why some fintechs want to cut ties with banks
This story was delivered to BI Intelligence "Fintech Briefing" subscribers. To learn more and subscribe, please click here.Many fintechs rely on partner banks to perform certain functions, like...
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Mylan's decision to make a cheaper, generic EpiPen 'baffles' experts (MYL)
Mylan, the drugmaker feeling the heat over its pricing of the EpiPen, has left a lot of people scratching their heads.The company said Monday that it will make an "authorized generic" version of the...
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Elizabeth Warren just demanded Mylan come clean about one of the biggest...
Sen. Elizabeth Warren has demanded that drug company Mylan's CEO, Heather Bresch, answer a very uncomfortable question for those in the drug industry.What exactly is going on with your patient...
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Young people are missing an important aspect of saving that could help them...
Saving money is a difficult habit to adopt when you're young. Retirement is decades away, and there's so much temptation to spend frivolously right now. And despite concerns about saving enough, many...
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Nintendo is in a bad place and needs a hit more than ever
Big days are ahead for Nintendo. The Japanese gaming giant is expected to provide at least some sort of detail about its newest console, codenamed “NX,” in the coming weeks. Given Nintendo’s legendary...
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What you need to know on Wall Street right now
Finance Insider is Business Insider's summary of the top stories of the past 24 hours.It's slow going in the market right now. From stocks to bonds to currencies, nothing much is happening.And there is...
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Business Insider launches official account on LINE, the messaging app beating...
Hello, Line!Business Insider has just launched an official account on LINE, the fast-growing global messaging app behind the largest tech IPO of 2016.LINE started in 2011 to help people communicate...
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How Netflix helped create a pair of hedge fund stars (NFLX)
A decade ago, Netflix held a contest to see who could come up with the best algorithm to improve its recommendation system.The prize was $1 million, and it became an obsession of many data gurus — one...
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China cracked down on bribes ... and the Swiss watch industry is collapsing
Swiss watch exports have taken a battering in Hong Kong and mainland China since the government cracked down on gift-giving in a drive to reduce corruption.New research from UBS shows that the luxury...
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There's now a $75 million private jet for your inner Texas oil tycoon (ERJ)
There's flying, and then there's flying.Brazilian private-jet maker Embraer prefers that its customers experience the finer side of aviation. Earlier this year, the Sao Paulo-based company dazzled with...
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Robo Advisors: Here's how to craft the optimal customer journey
Robo-advisors are platforms that leverage algorithms to handle users' investment platforms. And they are poised to transform the tremendous worldwide wealth management industry. MyPrivateBanking's...
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Wall Street's language is now being applied to the human race, and it has...
Wall Street's language is now being applied to the human race, and it has scary implications.Viktor Shvets, a strategist at Macquarie in Hong Kong, has a big note out on declining productivity. In it,...
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Tesla wipes the floor with the competition when it comes to how far its cars...
Tesla has made big moves to solidify its hold in the electric car space, even with competition beginning to mount.The automaker recently announced that its Tesla Model X and Model S cars with Ludicrous...
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This chart will scare anyone worried about the global economy turning Japanese
It has been a tough couple of decades in Japan.Economic growth has been stagnant, the country's financial markets have endured two bubbles, and interest rates have dropped into negative territory.And...
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Activist investors are starting to look at Twitter, and the stock is up (TWTR)
Twitter's stock has climbed for the second consecutive day as speculation swirls that the company is becoming a target for activist investors or a potential buyer.Twitter's board will meet on September...
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How Hurricane Katrina inspired these millionaire twins to invest in small...
It took a tragic event to drive the business of millionaire twins Cain and Cam Roberds, stars of "Blue Collar Backers."The Roberds brothers began their construction company in 2009. After completing...
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You'll soon be able to buy this futuristic-looking, hydrogen car with a...
Riversimple, a Welsh car start-up, is producing a hydrogen-powered car — and it may be the most stunning one we've seen to date.The car, dubbed the Rasa, will get in the hands of some UK residents in...
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If you can solve this math problem you'll get a $1 million prize — and change...
One of the deepest questions in computer science is called P vs. NP, and answering the question would earn you a million-dollar prize. P vs. NP is one of the Clay Mathematics Institute Millennium Prize...
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J. Crew's core customers are fleeing the brand
What happened to J. Crew?The company reported yet another quarter of spiraling results — same-store sales dipped 9% for the quarter, and 9% for the first half of fiscal 2016.This comes on the heels of...
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What you need to know on Wall Street right now
Finance Insider is Business Insider's summary of the top stories of the past 24 hours.To sign up, scroll to the bottom of this page and click "Get updates in your inbox," or click here.A rocket that...
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