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PayPal puts a move to the public cloud on its wishlist; the must-know banking hires and exits of 2019

PayPal puts a move to the public cloud on its wishlist;...

Hello, readers.Happy Thanksgiving! With Black Friday behind us and Cyber Monday still to come, many may be focused on how the make-or-break shopping days are shaping up for retailers. But here on the finance team, we're taking a look at the payments and card companies that underpin all that spending. Turns out, PayPal is already planning…
The head of State Farm’s innovation lab explains the new ways the $100 billion insurer is taking care of aging baby boomers — and why it’s so important the hub has separate funding

The head of State Farm’s innovation lab explains the new ways...

The insurance industry is facing mounting challenges, from tech-powered upstarts to an aging population. State Farm is tackling those hurdles with its internal innovation lab.Unlike the insurer's in-house tech unit, the lab is grappling with problems the company will face as far out as a decade, like autonomous vehicles, says senior vice president and innovation…
‘Doing the bait-and-switch is not the right method’: Forager CEO and cofounder Matt Silver reveals why his one-year-old company is bucking the freight-brokerage startup norm of underpricing loads

‘Doing the bait-and-switch is not the right method’: Forager CEO and...

Matt Silver is the CEO and cofounder of Forager — a cross-border freight marketplace based in Chicago. Forager is a year old and launched its freight platform, Scout, in October. It raised $4.5 million in seed funding in July.Silver started his logistics career in 2007 at Coyote Logistics, which was founded by his parents Jeff and…
Some of the top DNA kits are deeply discounted for Black Friday — here’s a break down of each one

Some of the top DNA kits are deeply discounted for Black...

My Account BI Prime BI Intelligence Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. Log In Home Tech Enterprise Science Advertising Media Transportation Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. Finance Markets Insider Retail Your Money Chevron icon…
HomeLight, a startup that wants to be the Amazon of real estate, just nabbed fresh funding. It counts Google as an early backer, and Menlo Ventures as one of its latest investors.

HomeLight, a startup that wants to be the Amazon of real...

HomeLight has raised $63 million in Series C equity and $46 million in debt and additional funds. The round was led by Zeev Ventures, which previously invested in the real-estate-tech startup. Menlo Ventures, the legendary tech investor that made early investments in mobile apps, also took part. The firm recently has also invested in startups focused…
Small business lender BlueVine just nabbed $102.5 million in funding on the heels of its banking launch

Small business lender BlueVine just nabbed $102.5 million in funding on...

Small business lender BlueVine just raised $102.5 million in equity funding led by ION Crossover Partners, with participation from Citi Ventures, Silicon Valley Bank Capital, and Menlo Ventures.The Series F comes a month after BlueVine announced its new banking service for businesses.This round brings BlueVine's total capital raised to $240 million."The fundraise is holistically to…
eBay is rolling out new Black Friday deals every Friday until December 13 — here are the deals you can expect

eBay is rolling out new Black Friday deals every Friday until...

Alyssa Powell/Business Insider eBay's Black Friday deals are in full swing now through December 13. Now through December 13, eBay is launching limited-time Black Friday deals every Friday with major savings on new and trending products.The "Friday Drops" will include popular items like the Nintendo Switch Lite, iPhone 11, Dyson Supersonic Hair Dryer, Ray-Ban sunglasses, KitchenAid stand…
US stocks are at record highs, but Goldman says they’re still the top asset for investors to own

US stocks are at record highs, but Goldman says they’re still...

Reuters / Brendan McDermid Goldman Sachs continues to recommend US equities to high-wealth clients despite stocks' record-high prices, managing director Silvia Ardagna told Bloomberg. Major US stock indexes reached record highs Friday, driven by positive trade-deal sentiment and a better-than-expected jobs report. Many investors have been rotating out of equities in recent months, but the…
76 gift ideas for everyone on your list, all under $100

76 gift ideas for everyone on your list, all under $100

My Account BI Prime BI Intelligence Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. Log In Home Tech Enterprise Science Advertising Media Transportation Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. Finance Markets Insider Retail Your Money Chevron icon…
APPLY NOW: Insider Inc. is hiring a DevOps Engineer

APPLY NOW: Insider Inc. is hiring a DevOps Engineer

Are you interested in learning cloud operations? Do you have the skills to take on and conquer any problem before you, big or small? Do you understand that DevOps isn't a skill, but a culture? How do you reduce toil and keep your environments reproducible?Business Insider is a fast-growing business site with deep coverage of…

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Citi visited XPO Logistics’ HQ — here’s why its research team now thinks the transportation giant’s stock could more than double in the next 2 years. (XPO)

Citi visited XPO Logistics’ HQ — here’s why its research team now thinks the...

This story requires our BI Prime membership. To read the full article, simply click here to claim your deal and get access to all exclusive Business Insider PRIME content. Citi's logistics-equity team paid a visit to the trucking giant XPO Logistics' headquarters in Greenwich, Connecticut, last week, and they liked what they saw. Based on cost efficiencies driven…
3 strategies I use to earn as many points as possible from my holiday spending toward

3 strategies I use to earn as many points as possible from my holiday...

Putting holiday expenses on a new card and earning a sign-up bonus will help me book future travel for free. Elizabeth Aldrich is pictured. Courtesy of Elizabeth Aldrich If you tend to spend more during the holidays, it's wise to plan out your spending with rewards credit cards so that you can earn as many…
Canopy Growth has shed more than 40% this year, erasing $4.6 billion from its total market value

Canopy Growth has shed more than 40% this year, erasing $4.6 billion from its...

REUTERS/Blair Gable Canopy Growth, the Canadian cannabis company, reported second-quarter fiscal 2020 earnings Thursday that missed analyst expectations.  Shares fell as much as 17.57% Thursday following the report.  Canopy Growth has struggled to make gains following multiple quarters of weak earnings. Still, the company said in its release that there are signs of growth in…
10 things you need to know before the opening bell

10 things you need to know before the opening bell

REUTERS/Brandon Wade/File PhotoHere is what you need to know.  1. Google's cofounders are stepping down from their leadership roles, but they'll remain in control of the company. Sundar Pichai, the current CEO of Google is set to become the CEO of Alphabet. 2. Forget Trump's rhetoric, phase one of a trade deal with China is…
10 things you need to know before the opening bell

10 things you need to know before the opening bell

NICHOLAS KAMM/AFP/Getty ImagesHere is what you need to know.  1. Trump has no deadline for striking a trade deal with China — and says it might be "better to wait until after the election." The US president told reporters in London on Tuesday that an agreement is "dependent on one thing — do I want…