Miles Guo in his NYC apartment in 2017 TIMOTHY A. CLARY/AFP via Getty Images Miles Guo's homes, luxury cars, and private jets are being sold off in bankruptcy court. The former billionaire, meanwhile,...
Christmas shoppers browse in Aritzia on December 24, 2025 in New York City. Jeremy Weine/Getty Images Canadian fashion retailer Aritzia has enjoyed considerable success in recent years. 2025 was the y...
C.J. Mahoney, Meta's new chief legal officer and a former Trump administration official. Tom Williams/CQ-Roll Call, Inc via Getty Images Meta hired C.J. Mahoney, a former Trump administration official...
A view of the "El Palito" oil refinery in Puerto Cabello, Venezuela. Jesus Vargas/Getty Images The US captured Venezuelan President Nicolás Maduro in a surprise raid on Saturday. In a press co...
Ride-hailing drivers face increased competition for earnings as well as the growth of driverless taxis. Sebastian Gollnow/picture alliance via Getty Images Gig workers have been facing declining earni...
Chevron, the only US oil major still operating in Venezuela, counts Berkshire Hathaway as a key shareholder. Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images The Trump administra...
Lincoln County, Kansas is paying remote workers $4,500 cash to move to there. d3sign / Getty Images Some companies are keeping remote work policies even as other firms call people back to the office. ...
Tech leaders like Sundar Pichai, Mark Zuckerberg, and Elon Musk led a workforce efficiency crusade in 2025. Jakub Porzycki/NurPhoto via Getty Images; Steve Granitz/FilmMagic The "efficiency" m...
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...
Tailwind's CEO said the startup's revenue has decreased by 80% amid the rise of AI. id-work/Getty Images The popular web tool Tailwind cut three of its four engineers on Monday, citing an AI-driven re...
AT&T's corporate headquarters in Dallas. Ronald Martinez/Getty Images AT&T told staff in a memo that it is moving its global headquarters to Plano, Texas. The new corporate campus would consolidate th...
Blackstone is acquiring Hamilton Island, a vacation destination near the Great Barrier Reef. Steve Christo - Corbis/Corbis via Getty Images Blackstone is acquiring Hamilton Island, a resort destinatio...
Investors trading commodities, such as oil, have been in high demand. Jeri Clausing/AP Hedge funds that trade commodities struggled in 2025. Big-name managers with exposure to energy or agriculture tr...
📋 Key Facts ✓ Eimear Bonner is the finance chief of Chevron, an oil major. ✓ Jeff Poulton is associated with Alnylam, a biotech pioneer...
Netflix reportedly wants to keep movies in theaters for just 17 days after it buys Warner Bros. In a report from Deadline on the Stranger Thing Season 5 finale, which made $25 million in theaters afte...
Standard Oil founder John D. Rockefeller has long been considered the wealthiest man in America's history. NY Daily News Archive via Getty Images America has more billionaires than ever, led by Elon M...
Dub, a fintech startup that lets people copy influencers' stock trades, raised a $30 million Series A round in 2025. Dub The creator economy has captivated notable VCs' attention and checks. Some crea...
Duolingo shuts down for two weeks every winter, and its CEO says the cost is worth it for real rest. Kevin Dietsch/Getty Images Duolingo gives its staff two weeks off over the holidays, allowing emplo...
Reid Hoffman, the cofounder of LinkedIn, thinks AI will transform, not eliminate, jobs. Dominik Bindl/Getty Images Reid Hoffman, a prominent Democratic donor, is against California's proposed billiona...
Lou Gerstner, the former CEO of IBM, has died at 83. James Leynse/Corbis via Getty Images Lou Gerstner, who led IBM's turnaround in the 1990s, has died, the company told staff. He kept IBM intact and ...