Janet Yellen says she plans to remain as Treasury secretary
Treasury Secretary Janet Yellen on Wednesday said she “certainly” planned to stay on in her job for the duration of President Joe Biden’s term, dismissing speculation she was considering leaving...
Wild FTX spending included all-expense trips and free massages
FTX executives spent wildly and showered workers with lavish perks such as free food and massages, and Amazon deliveries by private jet in the months...
GDP revised up to 2.9% for third quarter
Despite high interest rates and chronic inflation, the US economy grew at a 2.9% annual rate from July through September, the government said Wednesday in...
CNN begins slashing workers as Chris Licht cuts costs: report
CNN began a long-expected round of layoffs on Wednesday as president Chris Licht and other executives at WarnerBros. Discovery trim costs at the struggling cable...
Adidas exec promoted black manager as ‘contribution to diversity’: report
A longtime executive at Adidas told staffers he promoted a black employee to a managerial position so that the company can make a “contribution to...
Sam Bankman-Fried claims he only has $100K in bank account
The crypto bro has gone crypto broke. Disgraced FTX founder Sam Bankman-Fried claims he has just $100,000 left in his bank account after the implosion...
AMC Networks CEO Christina Spade resigns after less than 3 months
AMC Networks CEO Christina Spade stepped down Tuesday after less than three months on the job — just moments before the company sent out a...
Ron DeSantis backs Elon Musk, warns Apple against axing Twitter from App Store
Florida Gov. Ron DeSantis blasted Apple on Tuesday over Elon Musk’s allegations that it has threatened to boot Twitter from its App Store — and...
Krispy Kreme donut chain rebranded ‘Krunchy Dream’ in Russia
Krispy Kreme’s famed glazed donuts are now being served up in Russia by a local knockoff after the US company pulled up stakes following Vladimir...
FTX founder Sam Bankman-Fried ghosted legal team over bankruptcy: report
Disgraced FTX founder Sam Bankman-Fried ignored pleas from company attorneys and advisers urging him to file for bankruptcy “for days” before the cryptocurrency platform imploded,...