Elon Musk thinks the world is woefully unprepared for the impact of artificial intelligence. On Sunday, he agreed that the technology will hit people “like an asteroid,” and he revealed that he used his only one-on-one meeting with then President…
If you’re managing remote workers, how do you know they’re working only for you? In a survey by the job site Monster earlier this year, 37% of respondents said they had more than one full-time job. Being “overemployed” by choice…
The Bill & Melinda Gates Foundation is known for spending billions to fight infectious diseases in developing countries, so a new investment in a French biotech company feels somewhat unusual. Smart Immune will receive $5 million from the foundation, according…
When Bitcoin plunged from around $30,000 to below $20,000 in little more than a week last year, Three Arrows Capital co-founder Su Zhu described the tailspin as the “nail in the coffin” for his hedge fund. Fast forward to today, and the largest…
Four months after China’s chaotic opening from COVID-zero, conspicuous consumption in China has returned, and the country has continued its long-running love affair with luxury goods. Shares in LVMH Moët Hennessy Louis Vuitton, the world’s largest luxury group, jumped 5.7%…
Netflix wasn’t always an entertainment behemoth. In 2000, it was an unprofitable startup offering DVD rentals via postal mail, challenging Blockbuster, whose ubiquitous stores were then a fixture of American life. Marc Randolph, who cofounded Netflix with Reed Hastings in…
Harlan Crow is in the news. The conservative billionaire has recently gained a whole new level of fame as the longtime friend and secret benefactor of Supreme Court Justice Clarence Thomas, who appears to have broken even the light ethics…
The millennial couple were already underwater when they came to Dave Ramsey for help. The call into the personal finance guru’s radio program The Ramsey Show, where he fields questions from everyday workers asking for financial advice, came nearly five…
Kyle Bass has some advice for real estate investors: Tear it down. The founder of Dallas-based Hayman Capital Management says office buildings in cities need to be demolished because demand isn’t returning and it’s impractical to turn most towers into…
Luxury business veteran Jenny Cheah has been appointed as Managing Director of Southeast Asia, Oceania & South Korea for Sephora South East Asia. She will report directly to Alia Gogi, President, Sephora Asia. “Jenny is joining Sephora at a truly…