A Maryland hotel magnate and a Swiss billionaire made an offer for Tribune Publishing Co. that the newspaper chain is expected to favor over a takeover deal it has already reached with …
Read More »Leon Black resigns as Apollo chairman in unexpected move
Leon Black, Billionaire Co-Founder of Apollo Global Management Inc., APO 2.16% He resigns as chairman of the investment giant in an unexpected move that is the latest in a governance review sparked …
Read More »Marco Rubio backs Amazon’s union push and cites the company’s ‘culture wars’
Workers at Amazon warehouses in Alabama got a surprise ally in US Senator Marco Rubio, and the Conservative lawmaker revealed Friday that he supports their efforts to unionize. The Republican senator from …
Read More »Japanese billionaire seeks 8 volunteers for SpaceX flight around the moon
I want to escape? A Japanese billionaire is looking for eight volunteers to fly with him to the moon in Elon Musk’s spaceship. “It will take three days to get to the …
Read More »The ‘head banging madness’ has reached new heights in today’s markets, says hedge fund billionaire Paul Singer
“ “We believe that hindsight will show that the champion of head-hitting madness in the US stock market is the period that is unfolding right now.” “ That’s billionaire Paul Singer of …
Read More »Elon Musk got 4,000 SpaceX workers to join a Covid-19 study. This is what he learned.
When Covid-19 shut down the US economy in March, Elon Musk had a rocket to launch. The billionaire’s space exploration company, SpaceX, planned to launch a manned spacecraft into the sky in …
Read More »Buffett’s Berkshire Hathaway bets billions on Verizon and Chevron
Billionaire Warren Buffett added two more great American brands to Berkshire Hathaway Inc.’s investment portfolio. Buffett’s conglomerate has bought $ 8.6 billion in shares of Verizon Communications Inc., the largest mobile phone …
Read More »Bill Gates has a master plan to combat climate change
The day before the opening, while Lady Gaga rehearsed “The Star-Spangled Banner” in Washington, DC, wildfires raged in California’s Sonoma, Santa Cruz, and Ventura counties, surprising climatologists who had never witnessed it. …
Read More »5 Things To Know About Bumble Billionaire CEO Whitney Wolfe Herd
Dating app company Bumble BMBL, + 7.32% It went public on Wednesday and saw its shares soar 64% on its Nasdaq debut Thursday before rising 7% more in Friday’s trading session. Here …
Read More »Next stop for SPAC Electric Vehicle Mania: The Jetsons
Wall Street has found an even more fickle combination than blank check companies and EVs: blank check companies and Jetsons-style flying taxis. While there is some promise in the idea, investors should …
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