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FTX exec who turned on Sam Bankman-Fried sentenced to 7.5 years in prison
Ryan Salame, a former top lieutenant of FTX founder Sam Bankman-Fried, has been sentenced to 90 months, or seven and...
Read moreStellantis CEO says $25,000 Jeep EV coming to the U.S. ‘very soon’
Stellantis plans to offer a $25,000 all-electric Jeep vehicle in the U.S. “very soon” to better attract mainstream consumers amid slower-than-expected...
Read moreGlobal debt has grown to $315 trillion this year — here’s how we got here
The world is mired in $315 trillion of debt, according to a report from the Institute of International Finance. This global debt...
Read moreWhy it seems like everyone you know is going on a cruise
Lots of people will be getting their sea legs this summer. Ports have been packed with cruise ships over the...
Read moreShaking seats and piped-in fog: How 4DX is carving out a niche moviegoing market
In George Miller’s new Mad Max film “Furiosa,” a red paint flare explodes and casts the theater screen in a...
Read moreElon Musk’s AI startup now valued at $24 billion after fresh funding
Elon Musk’s AI startup xAI raised $6 billion in series B funding, reaching a post-money valuation of $24 billion as...
Read moreNvidia CEO Jensen Huang’s net worth swells from $3 billion to $90 billion in five years
Five years ago, Nvidia CEO Jensen Huang owned a stake in his chipmaker worth roughly $3 billion. After Thursday’s rally, which pushed...
Read moreUAW challenges Mercedes-Benz union vote, asks NLRB for new election
DETROIT — The United Auto Workers union is challenging the results of last week’s organizing vote of Mercedes-Benz workers in Alabama, in...
Read moreWhy groceries are so expensive — and how consumers may start to see relief
High inflation is subsiding, but many Americans have yet to see relief from elevated prices at the grocery store. “Grocery prices skyrocketed...
Read moreBoeing, NASA say Starliner astronaut launch will move forward despite spacecraft helium leak
Boeing and NASA are moving forward with the launch of the company’s Starliner capsule, set to carry U.S. astronauts for the...
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Spanish retailer Mango to open 60 new U.S. stores as it looks to elevate the brand
Spanish retailer Mango is embarking on a bold expansion plan in the U.S. as it looks to shed its fast-fashion...
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Walmart pulls back on DEI efforts, removes some LGBTQ merchandise from website
Walmart on Monday confirmed that it’s ending some of its diversity initiatives, removing some LGBTQ-related merchandise from its website and winding...
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U.S. charges former Wamco executive Kenneth Leech with fraud
Kenneth Leech, the former co-chief investment officer of Western Asset Management Co, was charged by U.S. authorities on Monday with...
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Kohl’s CEO Tom Kingsbury to step down and be replaced by Michaels CEO Ashley Buchanan
Kohl’s is getting a new CEO, its third since 2018. The off-mall department store’s current CEO Tom Kingsbury is stepping down...
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