California’s divisive plan to tax billionaires
The proposed levy on people worth 10 figures and above has rattled Silicon Valley and split Democratic leaders...
The proposed levy on people worth 10 figures and above has rattled Silicon Valley and split Democratic leaders...
Andreas Halvorsen runs $55 billion Viking Global. Scott Olson/Getty Images Stuart Brown is stepping down as head of trading at $55 billion hedge fund Viking Global. Brown has worked at the hedge fund ...
Morgan Stanley named 184 new managing directors this week — here's the full list. Mike Kemp/In Pictures via Getty Images Morgan Stanley announced the names of 184 new managing directors on Frida...
Nvidia CEO Jensen Huang said he is "perfectly fine" with California's proposed billionaire wealth tax. Patrick T. Fallon / AFP via Getty Images Nvidia CEO Jensen Huang said he is "perfectl...
Japan’s two-year government bond yield rose after an auction of the tenor drew weak demand amid speculation that the Bank of Japan may need to raise interest rates more aggressively to rein in inflati...
Avelo Airlines has faced backlash for its decision to operate deportation flights for the Trump Administration. Roy De La Cruz/SOPA Images/LightRocket via Getty Images Avelo Airlines started operating...
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...
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 ...
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...
Attorney Alex Spiro wrote to California Gov. Gavin Newsom saying several of his clients would relocate if a billionaire tax were implemented. Ramsay de Give-Pool/Getty Images; Michael M. Santiago/Gett...
Walmart CEO Doug McMillon (R) is handing over the top job to John Furner in the new year. Walmart 2025 has been a big year for retail CEO transition announcements. Roughly 45 retailers said they are c...
Meta says its $800 glasses are selling out quickly. Meta Meta says there's high demand for its Ray-Ban Display glasses, with waitlists extending into 2026. Meta said Tuesday that it's pausing on a wid...
Lil Uzi Vert performed at a party celebrating FaZe Clan's listing on the Nasdaq. Andrew Toth/Getty Images for FaZe Clan FaZe Clan's top talent left last week, marking the end of an era at the esports ...
Box CEO Aaron Levie says that as AI makes expert knowledge universal, companies will win or lose based on how well they manage and deploy context. Justin Sullivan/Getty Images Box CEO Aaron Levie says...
White House AI and crypto czar David O. Sacks speaks with President Donald J Trump before he signs an executive order about pediatric cancer research and artificial intelligence, in the Oval Office at...
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...
📋 Key Facts ✓ Interhash acquired a controlling stake in Neopool during the Bitcoin MENA 2025 conference. ✓ Neopool ranks in the top 15 ...
Toys R Us was one of the dominant toy retailers of the 1990s and early 2000s. Artur Widak/NurPhoto via Getty Images Toys R Us opened pop-up stores at some US malls this holiday season . The retailer h...
Nvidia CEO Jensen Huang Patrick T. Fallon / AFP via Getty Images Nvidia's $20 billion Groq deal signals an important shift in the AI market. AI workloads are moving from model training to real-time in...
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...