840,000 retirements: The powerhouse of Europe’s biggest economy faces a 5-year succession crisis

Sean Gallup/Getty Images Germany’s class of small or medium businesses — known as the Mittelstand — faces a looming succession crisis, according to an FT report. Over the next five years, the heads of 840,000 businesses are set to retire, and need to find successors. “The Mittelstand is going to be hit by a wave of […]

All the times Cambridge Analytica gave brazenly contradictory accounts of its murky work on Brexit

Parliament TV The Facebook data scandal has all-but confirmed Cambridge Analytica’s shadowy role in the US election, but its involvement in Brexit is even more murky. The company repeatedly claimed it worked with Leave.EU, only to later completely deny any collaboration with Nigel Farage’s Brexit campaign group. Leave.EU executives have also contradicted themselves on the […]

Trump reportedly ignored his national security advisers when they warned him to ‘NOT CONGRATULATE’ Putin on his election victory

AP President Donald Trump’s national-security advisers reportedly gave him two sets of instructions on Tuesday: “DO NOT CONGRATULATE” Russian President Vladimir Putin on his election victory, and condemn Russia for the nerve-agent attack on a former Russian spy in the UK. Trump reportedly did not follow either suggestion. The revelation adds another layer to an […]

Conservative Democratic Rep. Dan Lipinski narrowly beats back his progressive challenger in a bitter Illinois primary battle with national implications

Chip Somodevilla/Getty Images Democratic Rep. Dan Lipinski narrowly managed to beat back his progressive challenger in Illinois’ 3rd Congressional District on Tuesday with 50.9% of the vote.  Marie Newman, a first-time candidate, campaigned against Lipinski’s conservative social views and opposition to Obamacare, positions she argued were out of step with those of his constituents.  Lipinski’s […]

China expanded its controversial anti-corruption probe to focus on every official in the country

FRED DUFOUR/AFP/Getty Images China has created a new anti-corruption agency that can investigate any government employee in the country, including managers who work in schools, hospitals, universities, and state-run companies. The National Supervision Commission works outside the court system, and can hold suspects for up to six months without granting access to a lawyer. Corruption […]

China’s new vice president is the country’s best hope for avoiding a trade war

China’s new vice president, Wang Qishan, will be crucial to trade talks between the US and China.  While China’s vice president has historically been a symbolic role, Wang will likely have a very hands-on approach domestically and internationally. Wang has a significant amount of experience as a trade negotiator with the US and Washington sees […]

A Facebook shareholder launched a lawsuit against the social network over the Cambridge Analytica scandal

David Ramos/Getty Images A Facebook shareholder is suing the company for allegedly misleading investors. The suit is seeking class action status. The investor claims that since Facebook did not inform shareholders about the Cambridge Analytica data scandal, the company omitted facts that have led to a decline in Facebook’s value. Facebook has lost about $ […]

Police respond to report of a new explosion in the Austin area

Reuters/Sergio Flores Police are responding to reports of a new explosion in Austin, Texas, on Tuesday night. Austin-Travis County emergency services said the explosion went off in an area of South Austin. A man in his 30s suffered “potentially serious injuries.” The incident follows at least six explosions in and around the Texas capital that […]

This inexpensive TV antenna gets you the most mileage for the money

The Insider Picks team writes about stuff we think you’ll like. Business Insider has affiliate partnerships, so we get a share of the revenue from your purchase. Amazon As someone who doesn’t have cable, it’d be an understatement to say I really like HDTV antennas.See the rest of the story at Business Insider See Also: […]

Cynthia Nixon has a key qualification for governor that Andrew Cuomo lacks

Eduardo Munoz/Reuters Cynthia Nixon has already made fixing New York’s public-transportation problem a signature issue of her nascent campaign for governor. She is challenging Andrew Cuomo in the Democratic primary. Cuomo has largely neglected these transit problems, giving Nixon an opening to lay down a marker. Former New York City Council speaker Christine Quinn, a […]