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Meet the former billionaires who pledged stock as collateral and were underwater when the margin calls came inSelf-made billionaire who became China’s richest man by winning a corporate war with France’s Danone dies at 79Ken Griffin, the Koch brothers and other billionaire GOP megadonors consider where to spend their money after DeSantis, Haley flameoutsShein, the fast-fashion giant famous for $2 T-shirts, is exploring a London IPO after New York was too tough, sources sayWarren Buffett’s Berkshire Hathaway flirts with $1 trillion valuation as stock briefly hits record highNonbinary teen who died the day after a fight with three girls in a bathroom spurs student walkout in OklahomaThe voice in a robocall sounded like Biden but instead came from a New Orleans magician, said the political consultant behind the scheme who wanted to send a ‘wake-up call’ about the dangers of AIUtility will pay $80 million to resolve allegations that power lines ignited dry brush in California blaze that ravaged more than a thousand homesAfter Alabama’s IVF nightmare, these are the 10 worst states for women to live inItaly has been trying to woo Tesla-beating BYD as the second auto giant on its shoresTesla-beating BYD shows off its ambitions—including a 1,200-horsepower luxury SUV that can float on waterMembers of Walmart’s Walton family sell $1.5 billion worth of stock as shares near record highWarren Buffett says the stock market is increasingly ‘casino-like’—and young investors need to remember this ‘one fact of financial life’ to avoid the messBritish billionaire Joe Lewis’ pilot pleads guilty to insider trading: ‘I knew at the time what I was doing was wrong’Intel, TSMC, and Samsung are demanding Biden double the funds on hand for chips, Raimondo saysMicrosoft just invested in the OpenAI of Europe, a French startup with a chatbot called ‘Le Chat’Boeing safety ‘disconnect’ ripped in scathing report accusing rank and file of covering up quality issues for fear of retaliationFTC challenge of biggest grocery deal ever captures Albertsons exec’s surprise: ‘You are basically creating a monopoly in grocery with the merger’Washington, D.C.’s hip U Street neighborhood hates a high-rise conversion that hasn’t even been started yet25-year-old Air Force member livestreams setting himself on fire in protest of war in Palestine, dies of his injuriesWarren Buffett says you should never trust a financial pundit: It’s like finding gold and then ‘handing the map to the neighbors showing its location’MicroStrategy, chaired by billionaire crypto evangelist Michael Saylor, just dropped over $150 million to buy thousands of BitcoinLina Khan’s FTC sues to block $24.6 billion grocery megamerger between Kroger and AlbertsonsDoctor warns about the danger of overlooking eating disorders for people of color: ‘They’re not even being screened’AT&T may have to shell out millions after its network failed last week—but customers are angry they’re only getting $5Looking to learn the ropes of the business world? These 6 organizations offer free or paid business courses onlineWhy Disney needs a corporate CTO, according to one activist investor: ‘Disney will never be valued as a technology firm until it begins to think like a technology firm’We asked 50,000 citizens in 23 countries what they expect of their government–70% of those in developed nations say theirs is not doing enough to address inflation and the high cost of livingWidow of top Warren Buffett investor donates $1 billion to cover tuition for all future students of Albert Einstein College of MedicineWhy some Medicare Advantage plans will get skimpier and costlierAmy Schumer reveals Cushing’s syndrome diagnosis after being criticized for her appearance: ‘Thank you so much for everyone’s input about my face’Ikea could be headed to a mall near youWill AI soon kill off the humble app? Don’t bet on itYou won’t be taxed if your federal student loans were forgiven last year—unless you live in one of these statesThe private company whose spacecraft on the moon tipped over is expected to cease operations after cutting mission shortAs U.S. government remains gridlocked, Warren Buffett’s son Howard has given Ukraine half a billion dollarsTrump appeals $454 million civil fraud judgment in New YorkSustainability policies complicate the WTO’s work–and make it more indispensable than everWho created Bitcoin? Newly published emails offer fresh clues to Satoshi NakamotoThe CEO of a $4 billion AI-powered business who helps companies hire talent around the world says globalization is ‘accelerating’Polygon veterans raise $27 million seed round for blockchain-scaling startup AvailCompanies hired a ton of HR workers during the pandemic era—but they’re finally starting to slow downRyanair CEO wants Boeing to pay his budget airline compensation after Alaska Airlines incident puts summer travel season under threatAs Nvidia hits $2 trillion, billionaire Marc Rowan’s asset manager Apollo calls AI a ‘bubble’ worse than even the dotcom era Crypto platform Anchorage launches Porto, a self-custody wallet for institutionsLord Jacob Rothschild, the banker who broke from Europe’s biggest banking dynasty to build his own financial empire in London, dies at 87Retail investors have been clamoring to invest in AI. With Fundrise, there’s now a path into private AI juggernaut Anthropic.Germany’s latest ‘net zero’ plan involves storing carbon dioxide underground beneath the seaHow Citizens Financial positioned itself to scoop up private bankers from First Republic‘Ugh!’ Warren Buffett used his shareholder letter to scorn heirs to huge fortunes planning to ‘live a lifetime of leisure’Renault takes on Tesla-beating BYD with entry-level $27,000 EV that offers a baguette basket and sparkle colorsMining giants are worried that a flood of cheap Indonesian nickel could wipe them outFuture of Finance: Citizens’ John Woods on CFOs steering company strategy and why the best banks think like tech firmsDP World CEO: Supply chains are facing multiple challenges. Trade policies and procedures shouldn’t add to themRemember the predicted 2024 recession? Economists don’t—they’ve instead raised their growth forecast by almost 70% for the yearWarren Buffett credits Japan’s trading houses for their ‘superior’ shareholder-friendly policies, days after the country’s stock market broke a 35-year-old recordJack Ma vs. Ken Griffin: Ant Group outbids Citadel Securities for the remains of Credit Suisse’s China investment bank ventureThe Federal Trade Commission and chair Lina Khan are plagued by classic mismanagementMalaysia’s prime minister doesn’t want to choose between the U.S. and China: ‘Why must I be tied to one interest?’
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