4 years ago, Uber was a toxic mess. Insiders reveal how Dara Khosrowshahi 'cleansed' its culture and revived its bid to dominate transportation.

Dara Khosrowshahi prioritized fixing Uber’s culture when he became CEO in 2017. Since then he’s made decisions aimed at making Uber more ethical and transparent. His efforts have largely been successful, Uber employees and a Wall Street analyst told Insider. See more stories on Insider’s business page. Dara Khosrowshahi was shopping for groceries in August […]

Market experts at BlackRock, Principal Global Investors, and LA Capital break down the 6 reasons why tech stocks still have room to run higher — and why fundamentals will matter more than blind risk-taking

Market experts say growth stocks, including Big Tech, have further to run. Big tech has been cheapened by a rotation into economically geared value stocks. Company fundamentals are going to be even more important, rather than sector gains. See more stories on Insider’s business page. Money managers, including BlackRock, the world’s biggest asset manager, remain […]

Ranking Virginia's 7 GOP gubernatorial hopefuls from most to least Trumpy as they battle to replace term-limited Democrat Ralph Northam

7 Republicans are running in the Virginia gubernatorial primary.  Several candidates are touting their MAGA bona fides. A nominating convention is set for May 8. Governor, lieutenant governor, and attorney general candidates face ranked-choice voting. See more stories on Insider’s business page. The Virginia governor's race boasts a dozen challengers vying to replace term-limited Democrat […]

Houlihan Lokey poached 2 healthcare dealmakers from RBC Capital Markets in London as the investment bank gears up for a wave of M&A in the sector

Houlihan Lokey is Wall Street’s top restructuring bank, but also has a strong healthcare practice. The group is staffing up, making several key hires to buttress its European healthcare team. Houlihan has hired Paul Tomasic and Andrew Murray-Lyon from RBC Capital Markets in London. See more stories on Insider’s business page. Houlihan Lokey has poached […]

Amazon has a quota for the number of employees it would be happy to see leave each year. Employees say that's a big reason Amazon's culture feels cutthroat.

Amazon closely follows a metric called “unregretted attrition rate,” internal documents show. URA represents the portion of employees Amazon was not afraid to lose, either voluntarily or not. Managers have a target URA goal they are expected to reach every year. See more stories on Insider’s business page. Amazon has a complex performance review system […]

Retro Fitness is entering the digital-fitness wars with its own $1,200 stationary bike. Its CEO explains why the move will help the gym chain capitalize on post-pandemic fitness trends.

Retro Fitness’ stationary bike comes with virtual and brick-and-mortar gym subscriptions. The offering caters to members who may opt to alternate at-home and in-gym workouts going forward. “We recognize that the at-home solution is not going to go away,” CEO Andrew Alfano said. See more stories on Insider’s business page. With the rate of COVID-19 […]

RBC says to buy these 30 high-conviction stocks that represent its analysts' top global ideas for 2021 amid an economic reopening and rising inflation expectations

Stocks wrapped up a dramatic yet hopeful quarter that began with GameStop and ended with Archegos. Heading into April and the second quarter, RBC updated its list of top 30 global ideas for 2021.  The update incorporates RBC analysts’ views of the economic recovery and inflation expectations. See more stories on Insider’s business page. With […]