Tech moguls lost a combined $433B in wealth in 2022 stock market dive
The nation’s tech titans lost an aggregate total of more than $430 billion as shares of their once-hot companies plummeted this year. Tesla and Twitter...
Sam Bankman-Fried used $546M in Alameda funds to buy Robinhood stake
Disgraced FTX founder Sam Bankman-Fried borrowed $546 million from Alameda Research to purchase Robinhood shares this year, new court documents show. The indicted 30-year-old admitted...
Millionaires fled New York during COVID pandemic: IRS data
Wealthy New Yorkers fled the Empire State in droves after the COVID pandemic hit — with more than 2,000 millionaires ditching Manhattan, according to the...
FTX’s Sam Bankman-Fried pays $10K a week for armed security
PALO ALTO, Calif. — Amid death threats and sudden global infamy, accused FTX fraudster Sam Bankman-Fried and his parents have turned their posh Stanford home...
Used Tesla prices drop nearly 20% as flippers can’t find buyers
The days of paying a premium for a used Tesla are seemingly in the rear-view mirror as demand for the pioneering electric vehicle plummets. The...
Elon Musk tweets bedside photo of US Constitution
Embattled Twitter boss Elon Musk called the US Constitution the “most treasured item on my bedside table” as the mercurial billionaire gave his millions of...
Martin Shkreli gives Sam Bankman-Fried tips for potential prison stint
Ex-con “Pharma Bro” Martin Shkreli offered some jailhouse wisdom to alleged crypto conman Sam Bankman-Fried if he ends up going to prison: Shave your head...
Extell nabs former Wellington Hotel with potential plans to build up
Towering change is in store at the northeast corner of Seventh Avenue and West 55th Street. Gary Barnett’s Extell is paying $94.4 million to buy the...
Readers react to Eric Adams’ proposal to ‘pedestrianize’ 5th Ave
In attacking Mayor Eric Adams’ plan to “pedestrianize” Fifth Avenue by widening sidewalks and reducing four auto lanes to one last week, I warned that...
United Furniture owner quietly surfaces after firing 2,700 overnight
The owner of United Furniture Industries, which abruptly fired all of its 2,700 employees during a single night last month, has been quietly assisting a...