Greg Abel will make $25 million in cash in his new role. Kevin Dietsch/Getty Images Berkshire Hathaway disclosed that Greg Abel will make $25 million in his new CEO role. Abel's pay is a significant i...
Brevan Howard is now run by CEO Aron Landry, who succeeded the firm's billionaire founder, Alan Howard. Brevan Howard Brevan Howard returned 8% and 0.8% in its two largest funds for 2025, a person clo...
Tesla CEO Elon Musk ODD ANDERSEN/AFP via Getty Images Elon Musk appears to be feeling the joy this holiday season. The Tesla CEO posted to X that he's making an edit to the company's "mission word...
Games Workshop has announced plans to build a new Warhammer World in the United States with a late 2027 target for opening its doors. Warhammer World, in Nottingham, England, is the focal point for Ga...
The short-term outlook doesn't bode well with regards to GPU pricing. PCMag and other outlets have reported that Nvidia may cut back production on its consumer graphics cards by up to 30%-40% due to t...
Warren Buffett, the CEO of Berkshire Hathaway. Nati Harnik/AP Warren Buffett rocked the business world in 2025 by announcing he would step down as CEO. The Berkshire Hathaway boss penned two of his fa...
Paramount Skydance, Warner Bros. Discovery, and Netflix have very different approaches to remote work. John Lamparski/Getty Images; Dania Maxwell / Los Angeles Times via Getty Images; Beata Zawrzel/Nu...
📋 Key Facts ✓ Ashley Archambault was a single mother for seven years, learning holiday budgeting during financially challenging times. ✓ ...
Brian Niccol said he wanted Starbucks to feel like the coffee shop from "Friends." Justin Sullivan/Getty Images Starbucks CEO Brian Niccol said a fictional café guided his vision of what his s...
New York Mets owner Steve Cohen has diversified his asset manager. Rich Storry/Getty Images James Malick, Point72's chief strategy officer, recently departed the hedge fund. Malick joined in 2023 afte...
Scribe cofounder and CEO Jennifer Smith. Scribe AI startup Scribe raised $75 million and achieved unicorn status. Scribe helps businesses standardize workflows and implement AI. Here's the pitch deck ...
Thailand is one of the countries with an expected tourist tax increase in 2026. Planet One Images/Universal Images Group via Getty Images Several destinations plan to raise or introduce tourism taxes ...
Americans have received millions of dollars as part of guaranteed income pilot programs. SimpleImages/Getty Images Basic income pilots have distributed over $335 million in economic relief to American...
Palmer Luckey, Ro Khanna, and David Sacks have all posted on X about the wealth tax. Chip Somodevilla/Getty Images; Tom Williams/CQ-Roll Call, Inc via Getty Images; PATRICK T. FALLON/AFP via Getty Ima...
Bruce Springsteen, Beyoncé, and Taylor Swift are all billionaires. Al Pereira/WireImage; Edward Berthelot/Andreas Rentz/Getty Images Beyoncé's net worth has officially reached $1 billion, according to...
AMD CEO Lisa Su says AI will soon need "10 yottaflops" of compute — a scale of computing power the world has never built before. Caroline Brehman / AFP via Getty Images AI will soon need...
Sprinkles Cupcakes is closing, the bakery's founder said. Gado/Getty Images Sprinkles Cupcakes is closing, cofounder Candace Nelson said on Wednesday. Nelson sold Sprinkles to private-equity firm Karp...
📋 Key Facts ✓ Powerball jackpot estimated at $1.6 billion, fifth-largest in US history. ✓ Payout options: Annuity over 30 years or lump...
JPMorgan Chase : Bob Henry/UCG/Universal Images Group via Getty Images JPMorgan's asset and wealth management unit is dropping proxy advisors for shareholder voting in the US. In place of external hum...
Rep. Ritchie Torres Alex Wong/Getty Images A Polymarket user made over $400,000 off a well-timed bet on Nicolás Maduro's political future. The bet was made just one day before US forces captured the V...