Saks’ latest $3B bid to take over Neiman Marcus rejected
Saks Fifth Avenue’s latest $3 billion bid to buy Neiman Marcus was rejected this week, people familiar with the proposed marriage of the two luxury...
Elon Musk ties to OpenAI board may have ignited Sam Altman mutiny
Elon Musk’s cozy relationships with OpenAI’s board members may have been a key factor in artificial intelligence juggernaut’s surprise – and still mysterious – move...
Goldman Sachs could face exodus over shallow bonus pool: sources
The bonus pool at Goldman Sachs isn’t looking as large and deep as CEO David Solomon hoped — and that could leave the bank scrambling...
Elon Musk finally starts delivery of Cybertruck — here’s how much Tesla is charging
Tesla’s long-delayed Cybertruck will be priced starting at $60,990, over 50% more than what CEO Elon Musk had touted in 2019 and a cost analysts have...
Charlie Munger’s death not expected to change Warren Buffett’s succession plans for Berkshire Hathaway
Charlie Munger’s death — which sent shockwaves through Wall Street — is not expected to impact succession plans for Warren Buffett’s Berkshire Hathaway. Though the...
Google ad chief Jerry Dischler stepping down weeks after antitrust trial testimony
Google’s longtime advertising chief Jerry Dischler will step down from his role – weeks after he drew scrutiny over bombshell admissions about the company’s ad...
Bob Iger to step down as Disney CEO at the end of 2026
Walt Disney Chief Executive Bob Iger said on Wednesday he would “definitely” step down when his current contract ends in 2026 and that the ABC broadcast...
Why conservatives want to ban ‘woke’ Froot Loops
Toucan Sam is in a jam — for allegedly being too “woke.” Conservative influencers-turned-wannabe-cereal killers have called for a boycott of the popular Kellogg’s children’s...
How the cost of monthly utilities, car insurance and child care is soaring
It’s not just grocery staples like eggs, milk, bread and coffee that are going through the roof — it’s also the hit from basic monthly...
Moderna keeps tabs on ‘high-risk’ anti-vaccine celebs like Novak Djokovic
Moderna has hired a former FBI agent to compile internal company reports about “high-risk” celebrities — including tennis star Novak Djokovic, tech mogul Elon Musk...