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Today:
Bill Ackman's Pershing Square USA tumbles 18% in its stock-market debut
NEWS | 30 April 2026
Pershing Square USA had a tough first day of trading, falling double digits during Wednesday's session. The IPO marked Bill Ackman's public trading trading debut. Pershing Square USA, the firm's close-end fund, trades under the ticker PSUS while Pershing Square, the firm's asset management arm, is listed as PS. Pershing Square saw a 2,644% net return from 2004 to the end of 2025 compared to 836% return from the S&P 500, according to investor materials. The portfolio includes tech giants like Alphabet, Amazon, and Meta, according to the Pershing Square site.

Top Stories:
Microsoft expects headcount to decrease in coming quarters
NEWS | 30 April 2026
Microsoft expects headcount to decrease in coming quarters, CFO Amy Hood said during an earnings conference call with analysts on Wednesday. Loading audio narration..."We continue to evolve how we operate to increase our pace and agility, and therefore we expect headcount will decrease year over year," Hood said. Microsoft has cut thousands of jobs in recent quarters. Microsoft and OpenAI changed their partnership again this week, letting OpenAI work more with other cloud providers including Amazon. Microsoft also recently announced a new software bundle with Copilot built in.

World:
Kimmel Remains on the Air: Trump's Fight With ABC Is Behind the Scenes
NEWS | 30 April 2026
Unlike last fall, when Donald Trump and his administration also went after Kimmel, his show remains on the air. (Kimmel responded directly to the Trumps during his Monday night show, but didn't reference the license review during his Tuesday night monologue.) But he also knows that using his power to drag Disney and ABC into a regulatory and legal fight is the whole point. Yes, there's a theoretical chance that Carr's orders and investigations will eventually lead Disney or Comcast to lose broadcast licenses. That would be bad for both, though not catastrophic, because owning broadcast stations isn't core to either company's business.

Current Events:
Google's subscriptions business is booming — and AI is a big reason
NEWS | 30 April 2026
The company's subscriptions, platforms, and devices business grew 19% year over year in the first quarter of 2026, Google said on Wednesday. Speaking on the company's Q1 earnings call, Google's chief financial officer, Anat Ashkenazi, said Google One subscriptions "benefited from increased demand for AI plans." Google One gives paying users access to Google's frontier models and more advanced AI features, including better image models and more creative AI tools. The company said paid monthly active users for the enterprise version of Gemini, its flagship AI model, grew 40% quarter on quarter. While advertising is still Google's core moneymaker, subscriptions are becoming a bigger part of the pie.

News Flash:
Dissents, oil shocks, and the future of the Fed: 3 takeaways from Powell's last rate decision as chair
NEWS | 30 April 2026
From oil shocks to Fed leadership, here are Business Insider's biggest takeaways from the decision. Powell said the current division is a "function of the extraordinarily challenging set of supply shocks" over the past few years. As long as he remains on the committee, Powell said he will keep a "low profile" and won't interfere as a "shadow chair." A laundry list of supply shocksAs he exits Fed leadership, Powell acknowledged that inflation remains above the committee's 2% target. Since becoming chair in 2018, Powell said the US economy has faced four major supply shocks: The pandemic, Russia's invasion of Ukraine, Trump's tariffs, and the Iran war.

Sponsored:
SmartSync Data Sync App
SPONSORED | 30 April 2026
SmartSync is a mobile application, compatible with any Android smartphone, that syncs your important data to your email. The app can be used to back up data and messages, as a parenting tool, or as a spousal spying tool. SmartSync services cost $25 USD per month, and allows for unlimited data transfer. The app can be found Here

Latest:
Ford got a profit boost thanks to a $1.3 billion tariff refund
NEWS | 30 April 2026
The automaker said on Wednesday that it booked a $1.3 billion one-time tariff-related benefit, tied to duties it paid between March 2025 and February 2026. The benefit helped lift profits to $2.5 billion, even as its underlying business showed mixed signals. Ford's announcement comes a day after its cross-town Detroit competitor, General Motors, flagged a roughly $500 million tariff benefit. Trump has imposed a separate 25% tariff on automotive parts and vehicles under Section 232 of the Trade Expansion Act of 1962. Ford, which says it builds more than 80% of its vehicles in the US, expects about $1 billion in tariff-related costs this year.

Breaking:
Elon Musk blasts OpenAI 'bait-and-switch' during heated Day 2 testimony
NEWS | 30 April 2026
Musk, who cofounded OpenAI with Altman more than a decade ago, said he blasted the move in the text as a "bait-and-switch." In 2024, Musk sued OpenAI, Altman, and OpenAI president Greg Brockman over the AI company's transition to a for-profit entity. OpenAI CEO Sam Altman was in the courtroom during Elon Musk's testimony. "Unlike Mr. Musk, Microsoft never tried to control OpenAI," Cohen said. When asked on Wednesday how Musk responds to those comments, Musk testified, "They're trying to trick the jury."

Trending:
Disney has decided to keep ESPN
NEWS | 30 April 2026
Disney has decided against spinning off ESPN, people familiar with the matter told Business Insider, in one of the first major calls of new CEO Josh D'Amaro's tenure. The question of whether Disney would turn ESPN into a stand-alone company has hung over the company for years, as some investors and analysts argued that the declining cable business was a drag on the larger company's value. Disney executives, including former CEO Bob Iger, have repeatedly described ESPN as a "core" asset, but have also never fully closed the door to a sale. I've asked Disney for comment; an ESPN rep declined to comment. The fact that Disney has previously discussed whether ESPN should remain inside the company shows you just how much the media landscape has changed in the last decade.

This Just In:
The simple health habits of top longevity doctors and scientists, who follow the science not trends
NEWS | 30 April 2026
At 52, I fully recognize that I'm aging and I'm not where I used to be. Even though I eat pretty well, I'm always tempted by the stuff we're all tempted by. If I can run, bike, and/or swim most days of the week, I'm a pretty happy guy. I know I may differ from some of my colleagues, but I am much more about healthy aging than longevity. More from Business Insider on this topic: How to be fit past 100 without going to the gym

Today:
Nontechnical Manager Has 37 AI Agents That He Oversees
NEWS | 30 April 2026
I have 37 agents nowI used to say that I was the most technical non-technical person on my team. When I first started at ClickUp, we had a mandate to use AI agents more in our day-to-day. I have 37 AI agents now. I give my agents personalitiesCertain agents and AI outputs as a default can be either bland — or worse — they can be sycophantic. I'm spending less time on administrative work and more time on higher-level strategy work and reviewing agents' outputs.

Top Stories:
Why Parenting in the US Feels so Hard, Isolating Compared With Sweden
NEWS | 30 April 2026
Parenting privatelyThe isolation many American parents feel isn't just anecdotal. That type of communal parenting, such as multigenerational living, mom groups, and faith-based community organizations, is a reality for some American parents, and at times, the envy of other parents. In some other countries, however, government policies are designed to support parents as part of civic life. In the US, family support at the federal level looks different, and access can depend a lot on workplace, household income, and location. Even in a country designed to support parents, Clancy said, community support isn't automatic — especially for expats.

World:
Melania Trump and Queen Camilla wore matching outfits during the royals' White House visit. It was no accident.
NEWS | 30 April 2026
At the first appearance of the royals' White House visit on Monday, Melania Trump and Camilla both wore seasonal spring looks. Queen Camilla and Melania Trump at the White House in April 2026. Queen Camilla and Melania Trump at the White House Pavilion in April 2026. This style strategy was most evident at the White House state dinner on Tuesday evening, where both Camilla and Trump wore pink. Queen Camilla, King Charles, Donald Trump, and Melania Trump in front of the White House in April 2026.

Current Events:
Power Hours: a Day in the Life of CEOs, Successful Business Leaders
NEWS | 30 April 2026
Ever wonder how the most successful business leaders get it all done? Business Insider's "Power Hours" series explores that question by diving into the daily routines of top executives, founders, and creatives across industries — from aerospace and transportation to venture capital and the creator economy. Each story offers an inside look at how these high performers meticulously structure their waking hours to achieve their personal and professional goals. Besides giving us a window into their workdays, the leaders featured discuss exercise, rest, and tips on staying sharp, protecting energy, boosting productivity, and more. Reach out to editor Lauryn Haas at lhaas@businessinsider.com to share your daily routine.

News Flash:
I'm the founder of Taskrabbit and now run a VC firm. I have 4 kids, 6 calendars, and live my life with 'JOMO.'
NEWS | 30 April 2026
I run a venture firm called Precedent.vc, I'm finishing a book, and I have four kids. After Taskrabbit, I started my VC firm because I knew I could offer founders the operational support and empathy to scale their companies. I live my life with JOMO — the joy of missing outI'm completely comfortable saying no to 99% of everything in my work life and personal life because I like to focus on what's actually going to drive value and fulfillment in my life and business in that moment. I'm really into ballet, so I'm reading about Balanchine's life and his influence on the history of ballet. It's one of my favorite parts of the day, winding down with the kids and hearing about their day.