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Trump calls for Jimmy Kimmel’s immediate firing

Donald Trump
Trump speaking to reporters at the White House in June 2025.
  • President Donald Trump called for comedian Jimmy Kimmel to be “immediately fired.”
  • Trump and first lady Melania Trump took issue with a sketch Kimmel aired on Thursday night.
  • Kimmel joked at the time that Melania Trump had “the glow of an expectant widow.”

President Donald Trump is reigniting his long-simmering feud with Jimmy Kimmel — and his pressure campaign on ABC and parent company Disney to part ways with the late night host.

“Jimmy Kimmel should be immediately fired by Disney and ABC. Thank you for your attention to this matter!” Trump wrote in a Truth Social Post on Monday afternoon.

Trump’s call puts a potentially fraught issue on Disney CEO Josh D’Amaro’s plate after the executive took over for Bob Iger just months ago.

Hours before Trump’s post, first lady Melania Trump similarly expressed outrage over Kimmel’s Thursday night monologue, in which the comedian gave a faux-White House Correspondents’ Dinner speech to lament the decision to not have a comedian deliver a routine during the dinner, as is usually tradition. The correspondents association, an organization for reporters who cover the White House, elected to have a mentalist provide the evening’s entertainment instead.

During the sketch, Kimmel said, “And, of course, our first lady Melania is here. Look at Mel — so beautiful, you have the glow of an expectant widow.”

“Kimmel’s hateful and violent rhetoric is intended to divide our country,” Melania Trump wrote on X on Monday morning in a rare public statement. “His monologue about my family isn’t comedy- his words are corrosive and deepens the political sickness within America.”

Trump, for his part, wrote that he appreciated that “so many people are incensed by Kimmel’s despicable call to violence, and normally would not be responsive to anything that he said but, this is something far beyond the pale.”

In his post, the president said that Kimmel, “who is in no way funny as attested to by his terrible Television Ratings, made a statement on his Show that is really shocking.”

“He showed a fake video of the First Lady, Melania, and our son, Barron, like they were actually sitting in his studio, listening to him speak, which they weren’t, and never would be,” Trump wrote.

As part of Kimmel’s sketch, the comedian showed clips of Trump and other well-known figures reacting to his jokes. The footage appeared to be from previously recorded events, including Trump’s State of the Union. Among the celebrities depicted was wrestling icon Hulk Hogan, who died in July.

On Saturday evening, just as the annual dinner was about to begin, a gunman tried to rush through security. Authorities have said the suspect, Cole Allen, shot a Secret Service officer in their protective gear before being arrested. Allen is expected to appear in federal court on Monday.

Trump, the first lady, Vice President JD Vance, and other members of the Cabinet were rushed out of the ballroom where the dinner was occurring. Trump later told reporters at the White House that he wanted the dinner to resume but was told that for security reasons that it needed to be canceled.

ABC suspended Kimmel last fall for comments he made following the assassination of conservative podcaster and organizer Charlie Kirk. Democratic and even some Republican lawmakers criticized FCC Chairman Brendan Carr for jawboning local ABC affiliates to stop broadcasting Kimmel as criticism spread over the comedian’s remarks.

Ultimately, Kimmel was reinstated days later and experienced a brief surge in ratings as fellow late night hosts railed around him.

In December, Kimmel signed a one-year contract extension with ABC to continue “Jimmy Kimmel Live!” through May 2027.

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6 major retail bankruptcy cases of 2026, from Saks to Eddie Bauer

Saks Fifth Avenue store.
Saks Global’s bankruptcy filing shows how much the retail giant owes to some of the biggest luxury brands.
  • Business bankruptcies have been on the rise in recent years, and the retail sector hasn’t been immune.
  • Storied brands like Saks and Eddie Bauer are using the protections to look for a new path forward.
  • Here are some notable cases so far in 2026.

Some legendary retail brands have filed for bankruptcy in the early months of 2026.

US business bankruptcies have been on the rise in recent years, according to an S&P Global Market Intelligence analysis. First-quarter filings in 2026 marked the second-highest level since 2010, trailing only the same period last year. Among the 180 bankruptcies tracked in the first three months of the year, about two dozen were consumer discretionary and staples companies.

Uncertainty around consumer spending, inflation, and US tariff policy is likely to lead to higher restructuring levels throughout the year, S&P Global Market Intelligence said in April.

Bankruptcy isn’t necessarily the end of the line for a company. Several companies, such as Saks Global and Eddie Bauer, are using the protections to reshape their businesses and focus on areas of potential growth this year.

Here are some notable retail bankruptcy cases that are unfolding in 2026, listed in order of initial filing.

Saks Global — filed in January, financing deal reached in April
Pedestrians walk past a Saks Fifth Avenue store on December 30, 2025 in Chicago, Illinois.

Saks Global has been one of the higher-profile retail bankruptcy cases this year. After weeks of public speculation, the luxury store voluntarily filed for Chapter 11 bankruptcy protection in January.

The owner of Saks Fifth Avenue and Neiman Marcus has since said it would close some US stores, focusing more on luxury and less on off-price retail, such as its Saks Off Fifth and Neiman Marcus Last Call locations.

In April, Saks Global said it resolved a dispute with key landlord Simon Property Group and also received court approval to raise up to $500 million from a group of investors.

Saks Global aims to exit bankruptcy this summer.

Pat McGrath Labs — filed in January, exited in April
Emily Ratajkowski and Pat McGrath prepare backstage at the Victoria's Secret Fashion Show 2025 on October 15, 2025 in New York City.

Cosmetics brand Pat McGrath Labs — sold in stores like Sephora, Ulta Beauty, and Nordstrom — said in April that it had completed a Chapter 11 process that it began in January. Founder Pat McGrath, known for styling top models, is staying on as chief creative officer.

The company said it received $65 million of financing and support that would allow it to pursue a new chapter of growth.

Fat Brands — filed in January, case proceeding
Fatburger logo, seen in South Edmonton Common. Friday, May 20, 2022, in Edmonton, Alberta, Canada.

Fat Brands, the parent company of burger joints like Fatburger and Johnny Rockets, filed for Chapter 11 in January to restructure about $1 billion in debt.

The company cited a “challenging operating environment over the last few years” and said its 18 brands and 2,200 restaurants would remain operating as usual during the bankruptcy process.

A sale of the business could come as early as May.

Francesca’s — filed in February, liquidation in March
Shoppers pass in front of a Francesca's Collections store, a subsidiary of Francesca's Holdings Corp., in Shrewsbury, New Jersey, U.S., on Friday, Dec. 2, 2011.

Women’s fashion retailer Francesca’s once again filed for Chapter 11 in February, a few years after it was acquired out of an earlier bankruptcy.

With about $30 million in secured debt, as much as $100 million in liabilities, and no buyer, the company said in March that it would liquidate all inventory and close all 457 stores.

Eddie Bauer — filed in February, case proceeding
Eddie Bauer shoes are displayed at an Eddie Bauer outlet store on March 17, 2022 in Novato, California.

Outdoor retailer Eddie Bauer filed for Chapter 11 in February. Catalyst Brands, which owned Eddie Bauer’s US and Canadian retail operations, said it needed to wind down the brand’s nearly 200 stores after failing to find a buyer.

The bankruptcy does not affect Eddie Bauer’s manufacturing, wholesale, or e-commerce operations, nor its retail business outside the US and Canada. Japan is home to several Eddie Bauer stores.

QVC — filed in April, expected exit in July
Harry Slatkin, QVC host John Battagliese, and Kathy Hilton, wearing her QVC exclusive Printfresh pajama set, attend Kathy Hilton's Pajama Party Presented by QVC at a Private Residence on November 04, 2025 in Los Angeles, California.

Home-shopping company QVC Group said in April that it was entering Chapter 11 to restructure its finances for QVC, HSN, and Cornerstone Brands.

The company said it plans to continue operating as usual with no planned layoffs or furloughs. The move is expected to last about 90 days and leave the company with $1.3 billion in debt, down from $6.6 billion.

QVC and HSN popularized TV-based shopping, but the company has faced stiff competition as audiences shift toward social-shopping platforms like TikTok Shop.

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Anthropic’s new $400,000 job to boost its AI brand? Throwing events

An iPhone is opened on the Claude by Anthropic page in the App Store.
Anthropic opened an Events Lead, Brand job that pays up to $400,000.
  • Anthropic has posted an “events lead, brand” role on its careers page.
  • The role offers up to $400,000 a year — more than similar events roles at the company.
  • Silicon Valley figures, including Marc Andreessen, posted about the role on X.

As artificial intelligence floods the internet, Anthropic will pay up to $400,000 for something decidedly human: in-person events.

The AI company behind Claude and Claude Code has an open listing for a brand events lead role based in San Francisco or New York, with a salary range of $320,000 to $400,000.

It’s a notably human layer in an industry that’s defined by automation.

The role caught the attention of some of Silicon Valley’s biggest names, including venture capitalist Marc Andreessen.

The hire would be responsible for producing anything from small, invite-only gatherings to large-scale conferences. The posting emphasizes live demos, technical deep dives, and face-to-face conversations with policymakers and academic audiences.

Anthropic also says the hired human must be “comfortable with significant travel,” and says that 30% to 40% of the job will be on the road.

Applicants still need to provide a cover letter. They also need to write a 200- to 400-word essay explaining why they want to work at Anthropic.

The position pays more than similar events roles at the company, including an enterprise-focused position that pays up to $320,000 and a Europe, Middle East, and Africa events role that tops out at £200,000.

The hiring push comes as AI companies race to reshape their own narratives.

OpenAI acquired TBPN in April, in part to work on its product communications. Meanwhile, Elon Musk’s xAI has leaned heavily on its ownership of X (formerly Twitter) to control distribution and narrative.

Those efforts come as tech leaders, including OpenAI CEO Sam Altman, have acknowledged that public sentiment around AI has cratered amid warnings that their technologies could gradually reshape the job market and drive up energy demand.

Anthropic has built its identity around a far more cautious approach to deploying powerful AI systems. Now, instead of just broadcasting that message, it’s looking to hire a well-paid human to take that message on the road.

“We believe that the highest-impact AI research will be big science,” the company wrote in the posting. “We view AI research as an empirical science, which has as much in common with physics and biology as with traditional efforts in computer science.”

This is part of a new series on jobs in emerging fields. Are you hiring for a cool job? Did you see an unusual job listing? Email bshimkus@businessinsider.com, or reach out via the secure messaging app Signal at bshimkus.41

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The New York Times says this is why the shooting didn’t make its Sunday edition

NYT front page
News of the shooting at the White House Correspondents’ Dinner on Saturday night happened too late to make the Sunday morning edition of The New York Times.
  • The Sunday print edition of the Times made no mention of the White House Correspondents’ dinner shooting.
  • Some critics online called the omission intentional.
  • The Times said it sent its Sunday edition to press at 8 p.m. on Saturday night, before the shooting took place.

At 8:36 p.m. on Saturday night, shots were fired outside the ballroom of the Washington Hilton, where the White House Correspondents’ Dinner was well underway. It marked the third time in three years that President Donald Trump faced the threat of assassination.

That news, however, did not make The New York Times’ Sunday paper.

The Times covered the shooting extensively on its website. For its Sunday print edition, however, the next day’s news had already been set when the shooting occurred, setting it up for a backlash from its critics, who believed it was intentional.

“This seemed so outrageous (even for the NYT) that I wanted to verify it,” Sequoia partner Shaun Maguire wrote on X alongside a photo of the Times’ Sunday paper. “I went and got a physical copy and took this photo. The shooting was at 8:34pm ET on Saturday night. Is this not enough time to get the story in print?”

While some news outlets can make changes to their print editions until late at night, or even the early morning, the Times said in an X post responding to the backlash that its Sunday print edition “goes to press at 8pm Saturday.”

A spokesperson told Business Insider that there are no more Sunday print editions and that the shooting will be featured on the front page of Monday’s print edition.

“The print edition is an anachronism for old fogies like me who still like newsprint,” one X user responded to Maguire. “If you want the latest news, you know where to go.”

Read the original article on Business Insider

I didn’t like that my son was spending his allowance on gaming purchases. Turns out, he was learning financial responsibility.

Kid playing videogames
  • At first, in-game purchases felt like such a waste of money to me.
  • Letting my son spend his money was an effective and safe way to help him make financial decisions.
  • Open conversation, rather than control, is helping us encourage his independence.

When we first stepped into the world of kid-oriented apps and online gaming, my husband and I saw in-game purchases as nothing more than buying nothing.

Our 11-year-old son has always been careful with his money, perhaps to a fault. As he grew increasingly willing to spend more and more of his allowance on Robux, V-bucks, and Minecoins, we were alarmed.

The whole thing irks me. I really struggle with virtual “cosmetic” purchases. Buying Skins, special emotes (expressions and dance moves, I think?), and expensive Nikes for your avatar?

I can’t wrap my frugal mind around it.

At first, we tried to steer our son away from gaming purchases. We talked about the lure of instant gratification and impulse buying. But we also listened to his side of the story. And we realized this was simply a world we did not understand.

In the end, our son’s logic about his gaming purchases helped us hand him the reins to make his own spending decisions.

Gaming purchases encouraged our son’s financial responsibility

We give our two kids an allowance of $5 a week. Their only other source of money comes from relatives’ gifts. Our main purpose with allowance is to let them practice spending their own money, make their own mistakes, and learn how they want to interact with money in adulthood.

Boy holding fornite card
The author’s 11-year-old learned financial responsibility by spending money on games.

While our son is tirelessly methodical, our younger daughter lives for a blind box. As with everything else, our parental approach to their spending varies between them.

With a few years of making his own spending decisions under his belt, our son has grown skeptical of gimmicky offers that require urgency and any deal that sounds too good to be true. He is getting a taste of the real world in the digital age.

He’s become more strategic with his money, too. Fortnite recently increased the price of V-bucks — its in-game currency — so our son asked for my advice on his plan to stock up before the price jump. I told him that is exactly what I would do if I knew the price of something I love was about to go up. He decided to spend a little more than he normally would, reasoning it was better to buy now to save later.

Since we don’t pay for any gaming-related purchases outside Christmas or birthday presents, our son also budgets for an annual $80 PlayStation Plus subscription, which he researched as the cheapest option. It’s a cost he has to cover to do what matters to him.

I believe these in-game decisions now will pay off in adulthood.

When we stopped policing our son’s gaming purchases, it made it easier to have open conversations about money. He is proud to tell us about his purchases and sees them as savvy decisions. When he makes a mistake, we strive to meet him with respect and support, without fixing it for him.

Child playing minecraft

It’s in these conversations that I’ve realized that gaming is an essential part of our son’s social life. Most of his purchasing decisions revolve around gaming with friends — from the PS5 subscription to buying the latest game his friends are playing, and even gifting skins or Roblox items to friends so they can have more fun together.

Thinking about it this way, it makes sense that he would rather spend money on gaming than on the toy aisle. And really, is one any more gimmicky than the other?

When I asked him what he would advise other parents to do for their kids, he said, “Remember that it’s not just silly little outfits or superficial things. Sometimes it can buy fun experiences. So if they’re spending their own money, let them go nuts. They’ll find consequences sooner or later.”

Much to our surprise, in-game purchases are teaching our son that spending money on experiences with others — even virtual ones — is often more worthwhile than spending money on stuff. That’s a value my husband and I have built our lives on, and one I’m glad our son is learning on his own.

Read the original article on Business Insider

Business leaders, including Elon Musk and Dana White, react to the shooting at the DC press dinner

President Donald Trump appears at the White House Correspondents' Dinner
President Donald Trump was evacuated from the White House Correspondents’ Dinner after gunshots rang out.
  • Trump and other officials were safely evacuated from the annual press dinner.
  • Business leaders, including UFC CEO Dana White, were in the room.
  • Here’s what execs are saying about the incident.

Chaos broke out at Saturday night’s annual White House Correspondents’ Dinner in Washington, DC, after multiple gunshots were heard in the ballroom.

President Donald Trump, first lady Melania Trump, and a host of protectees, including the vice president and multiple Cabinet members, were ushered to safety, the Secret Service said.

Trump said in a press conference following the incident that a Secret Service agent was shot in his bulletproof vest.

The suspect is in custody, and investigations are ongoing.

Here’s what people in the big leagues of business are saying about the incident.

Elon Musk, Tesla and SpaceX CEO
Elon Musk in 2025
Elon Musk in 2025

Musk reposted an X post from the White House, which included a statement from Trump.

“‘In light of this evening’s events, I ask that all Americans recommit with their hearts in resolving our differences peacefully.’ – President Donald J. Trump,” the tweet read.

Musk became a particularly vocal Trump backer after the July 2024 assassination attempt at a Trump campaign rally in Butler, Pennsylvania. In 2025, the two hit a relationship rough patch and traded some barbs, but they have been cordial at public events since.

Dana White, UFC CEO
Dana White attends the 2026 White House Correspondents' Dinner at Washington Hilton on April 25, 2026 in Washington, DC.
UFC CEO Dana White at the White House Correspondents’ Dinner.

White was a guest at the dinner and was in the room when chaos broke out.

“It was fucking awesome. I literally took every minute of it in. It was a pretty crazy, unique experience,” White was seen saying in a video posted on X by MMAJunkie, part of USA Today’s sports desk.

Mark Thompson, chairman and CEO of CNN Worldwide
Mark Thompson, Chairman and CEO of CNN Worldwide attends Warner Bros. Discovery's 2025 Upfront arrivals at The Theater at Madison Square Garden on May 14, 2025 in New York City.
Mark Thompson, Chairman and CEO of CNN Worldwide

Thompson sent a memo to all CNN staffers after the incident, according to screenshots of the memo posted to X by Brian Stelter, the network’s chief media analyst.

Thompson highlighted the CNN team’s real-time response and on-the-ground reporting as the shooting unfolded.

“We know this was a frightening and disruptive situation for those in the room, and for your colleagues and loved ones watching live on CNN. Moments like this can stay with you in ways that aren’t necessarily immediate or obvious,” Thompson wrote.

“Please take care of yourselves and one another,” he added.

Luther Lowe, head of public policy at Y Combinator
Weijia Jiang and Travis Luther Lowe attend the 2026 White House Correspondents' Dinner at Washington Hilton on April 25, 2026 in Washington, DC.
Journalist Weijia Jiang and her husband, Luther Lowe, head of public policy at Y Combinator.

Lowe is married to Weijia Jiang, the CBS journalist who chairs the White House Correspondents’ Association. Jiang got her share of accolades from media peers and viewers alike for her poise under pressure — she was onstage next to Trump during the shooting, and took a front-row seat in the briefing room after.

“So proud of @weijia. She was on the stage less than an hour ago presiding over the abrupt end of the dinner and now she’s in the front row of the White House briefing room waiting to for the President to speak,” Lowe wrote.

Tarek Mansour and Luana Lopes Lara, cofounders of Kalshi
Tarek Mansour, co-founder of Kalshi, at the Semafor World Economy Summit
Tarek Mansour, cofounder of Kalshi.

The cofounders of the popular predictions market attended the event together.

“This was Luana and I’s first White House Correspondents Dinner. The moment was scary, but the dinner until then was a great gathering of people from all sides,” Mansour wrote on X.

“Grateful for law enforcement and that the President and everyone is safe,” Mansour said, giving a shoutout to CBS’s Jiang, too.

Lara thanked Mansour on X for pulling her under the table to keep her safe.

“If your co-founder isn’t protecting you in a shooting situation, find another one,” she wrote.

Bilal Zuberi, founder of VC firm Red Glass Ventures

“Pretty scary that our most important leaders of the government were at risk today. President Trump, Vice President Pence, and House Speaker Johnson were all in that room,” Zuberi wrote on X.

“From multiple attacks against our president to attacks against politicians around the country, to attacks on politicians and leadership around the world – these are abhorrent, and people everywhere should vehemently oppose and condemn them!” the tech investor added.

Gary Tan, president and CEO of Y Combinator
Garry Tan

“I mean… I was definitely under the table. In a shooter situation, you want to be as low as possible,” Y Combinator president and CEO, Garry Tan, wrote on X on Sunday.

“As I was under the table with other attendees, Marco Rubio pushed my chair out of the way making a fast exit with Secret Service. I now know we were in no serious danger but in that moment I wondered how many shooters there were and what would mean for 2,000 people in that room.”

Read the original article on Business Insider