Rich Passer will begin trading at his new firm with $50 million in assets. Mecox Capital Partners Mecox Capital Partners is a new $50 million hedge fund focused on options trading. Peter Borish, a fou...
Rippling's CPO said he prefers to understaff than overstaff all his projects. Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images Rippling's product chief Matt MacInnis says he deli...
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,...
📋 Key Facts ✓ High earners across the US are actively spending during the holiday season. ✓ Middle-income households are facing financi...
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...
A $400,000 lobster shipment was stolen en route to Costco stores in Illinois and Minnesota. LAUREN OWENS LAMBERT/REUTERS A $400,000 lobster shipment was stolen en route to Costco stores in Illinois an...
The American economy is tipping away from low-wage workers once again. PATRICK T. FALLON/AFP via Getty Images The K-shaped economy has returned, with gaps widening between high and low-income American...
📋 Key Facts ✓ Dell's sales teams were mandated to return to the office five days a week starting September 2024. ✓ Jackie Miller...
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...
Netflix began hosting NFL games on Christmas in 2024. Brooke Sutton/Getty Images NFL Christmas games have moved to Netflix and Amazon as sports start to shift to streaming. Amazon and YouTube TV lead ...
Google cofounded Sergey Brin and Larry Page attended the Vanity Fair Oscar Party in 2007. Billy Farrell/Patrick McMullan via Getty Images This post originally appeared in the BI Today newsletter. You ...
Justin Howells, Target's group vice president for Pacific Northwest stores. Matt Hage/AP Content Services for Target Target is getting a new CEO in the New Year — one who started with the compan...
If you're a Windows user who's looking for a PC version of the Apple Mac Mini, then one of the most popular models has dropped in price. Amazon is currently offering the AceMagic Kron Mini K1 AMD Ryze...
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...
SoFi CEO Anthony Noto. BRENDAN MCDERMID/REUTERS SoFi CEO Anthony Noto weighed in on Trump's proposed 10% cap on credit card interest. Noto said the cap could boost consumer demand for personal loans. ...
Thiel Capital, founded by the billionaire tech investor Peter Thiel, opens a new Miami office amid California's proposed wealth tax debate. Marco Bello/Getty Images Thiel Capital opened a new Miami of...
Little Rock, Arkansas. Sean Pavone/Shutterstock Atlas Van Lines tracked state-to-state migration patterns in 2025. The Midwest has become a hot spot for movers, although it doesn't appear on this list...
Jeremy Yoder, host of Mad Scientist BBQ, has built a diversified brand that will carry his family long after he decides to stop appearing in YouTube videos. Courtesy of Jeremy Yoder Jeremy Yoder, the ...
A RAM (random access memory) chip, commonly used in PCs. HUIZENG HU/Getty Images As AI companies snap up memory chips , smartphone and PC makers face higher costs and tighter supply. IDC projected a 2...
Leading AI companies are competing for the world's top talent, doling out huge pay packages. They are also paying top dollar for undiscovered talent. iStock; Rebecca Zisser/BI AI giants like OpenAI, A...