Estée Lauder Chief Gets Cancelled for Racist Social Media Posts
The luxury fashion brand Estée Lauder has fired its senior executive John Demsey, after he was found to have posted a meme on his personal..
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Billionaire Hedge Fund Crook James Velissaris Charged with Fraud
Federal prosecutors charged James Velissaris, the former chief investment officer of Infinity Q Capital Management, on Thursday with securities fraud and obstruction of justice following..
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Russian Billionaire Speaks Out Against War with Ukraine
Mikhail Fridman, one of Russia’s richest men, said the war in Ukraine was a “tragedy” and called for the “bloodshed” to end after President Vladimir..
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Witness in Goldman Sachs Corruption Trial Reveals Explosive Allegations
Two Goldman Sachs (GS.N) bankers concocted a scheme involving their wives to conceal kickbacks they received for helping to loot Malaysia's 1MDB sovereign wealth fund,..
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Russia’s Invasion of Ukraine Sends Stocks Tumbling
Russia invaded Ukraine to start the biggest land war in Europe since Hitler. U.S. stocks soared. What gives? It isn’t that Wall Street secretly loves Vladimir..
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EXCLUSIVE: Peppertree Capital Management caught up in corruption scandal, whistleblower alleges
Following high-profile arrests of two lawyers by Guatemala’s public prosecutor on corruption charges, new information leaked to the press alleges a direct financial connection to..
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Mexico’s Third Richest Billionaire Says Buy Bitcoin, Forget About Selling, You’ll Thank Me Later
Mexico’s third-richest billionaire, Ricardo Salinas Pliego, gave some advice Saturday about investing in bitcoin. Salinas is the founder and chairman of Grupo Salinas, a group..
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How one bombshell witness got Elizabeth Holmes a guilty verdict
Elizabeth Holmes’s criminal-fraud trial brought testimony from 29 government witnesses, including former Theranos Inc. employees, business partners, investors, patients and board members. The defense called three witnesses, including Ms...
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A Record $730 Million Divorce for Ex-Wife of Mohammed bin Rashid
A British court on Tuesday ordered the ruler of Dubai to pay his ex-wife and their children close to £550 million ($730 million), in one..
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How Omicron Killed Christmas in London
At about 1pm in Paternoster Square on Monday, four placid, Christmassy eyes gazed at the trickle of workers emerging from the London Stock Exchange in..
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