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- Here's how Under Armour went from a new hotshot… Under Armour has fallen into a bit of a rut. The company, which has taken a hit to sales amid the pandemic, said in November it was under federal investigation over its accounting practices. On October 22, the company's founder, Kevin Plank, announced he would be stepping down from his role as CEO after 23 years. Plank will be replaced by COO Patrik Frisk. It has had massive problems in the past, including $1.3 billion in leftover merchandise in 2018, shrinking popularity among teens, and a scandal involving executives going to strip clubs and expensing the outings. We traced the…
- Future of Fintech: Funding's New Guard Over the last decade, fintech has established itself as a fundamental part of the world's financial services ecosystem. Today, fintech financing is surging across the globe, despite major banks remaining cautious about acquisitions. Instead, three emerging trends are fueling the current fintech boom: new geographical fintech centers, more late-stage mega-rounds, and the rise of fintech-focused venture firms. In the Future of Fintech: Funding's New Guard slide deck, Business Insider Intelligence explores how these three key trends are driving a surge in funding. This exclusive slide deck can be yours for FREE today.Join the conversation about this story » NOW WATCH:…
- LIVE UPDATES: See full results of New York's… New York held presidential and congressional primaries the week of June 23. There are competitive Democratic primaries still yet to be called, including in New York's 15th district, an open seat, and the race in the 12th district between Rep. Carolyn Maloney and Suraj Patel. New York allowed all voters to vote absentee without an excuse. Because clerks cannot start counting absentee ballots until days after the election, many races won't be called until next week. Visit Business Insider's homepage for more stories. Absentee ballots that are postmarked by June 23 will be accepted at election offices through June 30,…