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Even as Elon Musk calls philanthropy ‘very hard,’ everyday Americans gave a record $617 billion—despite feeling the squeeze over the cost of living

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Egg companies made $1.22 billion in profit off a $6 carton — now they’re buying their way out of a price-fixing case with 53 million donated eggs

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Meet the Zillennials: The luckiest micro-generation in the workforce, born between 1993 and 1998

1

Even as Elon Musk calls philanthropy ‘very hard,’ everyday Americans gave a record $617 billion—despite feeling the squeeze over the cost of living

2

Egg companies made $1.22 billion in profit off a $6 carton — now they’re buying their way out of a price-fixing case with 53 million donated eggs

3

Meet the Zillennials: The luckiest micro-generation in the workforce, born between 1993 and 1998
CFIUS

After White House Stint and a Failed Deal, Anthony Scaramucci Is Back Where He Started

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Natasha Bach
Natasha Bach
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By
Natasha Bach
Natasha Bach
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May 1, 2018, 7:01 AM ET
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Anthony Scaramucci is headed back to Wall Street.

The one-time White House communications director plans to return as co-managing partner of SkyBridge Capital, the network of hedge funds he had founded in 2005.

Scaramucci had reached a deal to sell his ownership to Chinese conglomerate HNA Group at the start of 2017, and resigned from SkyBridge in order to get a job at the White House—a role which he famously only held for 10 days.

But more than a year later, the Committee on Foreign Investment in the U.S. (CFIUS), the inter-agency government committee responsible for approving sales of U.S. businesses to foreign entities, has continued to delay approval. SkyBridge and HNA Group announced in a press release Monday that the latter has decided to drop its bid due to ongoing delays. Scaramucci therefore will return to the business, focusing on strategic planning and marketing, according to Bloomberg.

Despite dropping the deal, the two companies nevertheless plan to look into a partnership in which HNA could distribute SkyBridge’s products in China.

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