Christy Goldsmith Romero, a lawyer who spent more than a decade rooting out fraud and other misconduct at banks that received federal bailouts in the run-up to the 2008 financial crisis, has been tapped to be the next head of the Federal Reserve Bank of America. Deposits, the White House announced on Thursday. Her selection … Read more
Tesla shareholders are suing CEO Elon Musk and members of the automaker’s board of directors over Musk’s decision to start xAI, which they say is a competing AI company, and then divert talent and resources from Tesla in the new startup. The lawsuit is one of the most direct challenges to Musk’s decision to start … Read more
A legal threat from investor Mario Gabelli was a “major factor” in this week’s unraveling of Shari Redstone’s $8 billion deal to merge Paramount Global with its “Mission: Impossible” production partner Skydance Media, The Post. When Redstone made a surprise move to pull the plug on the deal this week — just before a special … Read more
NEW YORK (AP) — It’s a familiar and painful experience for legions of New York City renters: Before moving into a new apartment, a tenant must first pay thousands of dollars in fees to a real estate broker. real estate, even if that person is employed. from the owner. Large one-time payments, known as broker … Read more
Artificial intelligence delivered advances in the US space program and in medicine decades before it made headlines. Now, AI is poised to bring major improvements to American education, tech entrepreneur Alex Galvagni said in an exclusive interview in New York City with Fox News Digital. Galvagni is the CEO of Age of Learning, the California-based … Read more
It’s time to start thinking about the winners of the next chapter of the artificial intelligence movement. It cannot be denied that the titan of technology Nvidia (NVDA 2.19%) has been the preferred way for many investors to get in on the artificial intelligence (AI) craze over the past 18 months. And rightfully so. Its … Read more
On Thursday, Tesla ( TSLA ) shareholders will find out whether Elon Musk’s record $56 billion pay package will be reinstated after a Delaware judge struck down an earlier one. “I am voting yes without enthusiasm; I’m voting yes out of principle,” early investor Ibrahim AlHusseini told Yahoo Finance. Personal feelings aside, he said Tesla … Read more
Private markets are booming thanks to the popularity of alternatives among wealthy retail investors and ‘higher for longer’ interest rates. Once feared, buyout firms such as KKR, Apollo and Blackstone have gone mainstream as they have climbed higher in the Global 2000. from Sergei KlebnikovForbes Staff TThese are boom times for the world’s biggest buyout … Read more
As of Wednesday, X users are no longer able to see which posts others have liked, with a few exceptions. Kirill Kudryavtsev/AFP via Getty Images hide title change the subtitles Kirill Kudryavtsev/AFP via Getty Images X, the app formerly known as Twitter, is implementing another controversial change. Starting this week, users won’t be able to … Read more
Traders work at the GameStop trading floor on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., June 12, 2024. Brendan McDermid | Reuters GameStop’s The annual shareholder meeting was interrupted by computer problems on Thursday after servers crashed under the overwhelming interest in the stream, a customer service representative … Read more