Pedestrians walk in the Lujiazui Pudong Financial District in Shanghai, China, Tuesday, January 3, 2023. Bloomberg Bloomberg Getty Images The possibility of a resurgence of Covid-19 in China in the next two to three months is remote as 80% of…
Press trips, glitzy parties, free products and big expenses. It’s no wonder a career in social media is now a dream job for the majority of American teenagers. But among the highlights are some very real issues: longevity, ethics and…
When a man is tired of biscuits, as Samuel Johnson almost said, he is tired of life. And during these bleak months, many have learned that the way to whet your appetite for one is to secure and consume another…
Former FTX executive chairman Sam Bankman-Fried (C) arrives to enter a plea before US District Judge Lewis Kaplan in federal court in Manhattan, New York, January 3, 2023. Ed Jones AFP Getty Images Federal prosecutors seized nearly $700 million in…
CEO of Tesla Inc. Elon Musk downplayed the impact of his tweets on the company’s stock price as he defended himself in a trial over his 2018 tweets about taking the electric car maker private. “It’s hard to say the…
Morgan Stanley paid chief executive James Gorman $31.5 million for his work in 2022, down 10 percent from $35 million a year earlier after the Wall Street bank reported lower profits and losses. The smaller pay package means longtime JPMorgan…
CNBC’s Jim Cramer on Friday urged investors to be cautious, considering decisions about their portfolios as the new earnings season begins next week. “This is a pivotal week. The third time. Be on your toes. Listen to the phone. Do…
Sam Bankman-Fried’s assets worth nearly $700 million will be confiscated if he is convicted of fraud, according to federal prosecutors leading the case against the FTX founder. In a court filing Friday, U.S. Attorney for the Southern District of New…
Elon Musk has denied that his frequent Twitter posts have moved Tesla’s stock price, as he begins to testify Friday in a trial that his 2018 “hedge fund” tweets illegally manipulated the electric car maker’s value. Dressed in a dark…
Alex Spiro, attorney for Elon Musk, center, leaves court in San Francisco, California, USA, Tuesday, January 17, 2023. Benjamin Fanjoy Bloomberg Getty Images Tesla CEO Elon Musk appeared in San Francisco federal court on Friday to defend a tweet he…