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Latest Business

What happened to Airbnb?

Financially, the sharing economy darling is thriving, but guests, hosts, and cities have had enough.

Black Friday deals 2023: What to expect and early offers

Yes, Black Friday deals are available online. 

Italy to seize $835m from Airbnb in tax evasion inquiry

An Italian judge has ordered the seizure of €779.5m ($835.5m; £676.8m) from short-term rental giant Airbnb, over alleged tax evasion.

X’s Elon Musk Hired a CEO With TV Roots. She’s Showing Them.

Linda Yaccarino is drumming up video deals with NFL, NBA and others as “training wheels” for nervous brands.

Today, Shapewear. Tomorrow, the World.

Kim Kardashian’s Skims is hooking up with Swarovski to bedazzle the body.

Sam Bankman-Fried found guilty of fraud

A New York federal jury found the FTX founder guilty of stealing billions of dollars from the crypto exchange’s customers, in what prosecutors called one of the biggest financial frauds in U.S. history.

How Does the World’s Largest Hedge Fund Really Make Its Money?

The investing tactics of the Bridgewater Associates founder have been kept secret. Years ago, some of Wall Street’s biggest names set out to discover his edge

WeWork Plans to File for Bankruptcy

The move, which could come as soon as next week, would mark a stunning reversal for the flexible-office-space venture that was once valued at $47 billion.

Meghan Markle reportedly on cusp of signing ‘multimillion-dollar deal’ with US company

Reports are swirling Meghan Markle is on the cusp of signing a lucrative contract with one of the biggest companies in the US.

Kanye and Adidas: Money, Misconduct and the Price of Appeasement

Before Adidas broke with Kanye West last fall over antisemitic public remarks, it had tolerated years of his abusive conduct behind the scenes.

What Happened Inside Morgan Stanley After Ted Pick Was Named CEO

  • Next CEO has ‘tremendous following’ in firm, James Gorman says
  • Pick plans to maintain firm’s direction, he says in interview

The Big Take Sam Bankman-Fried Takes Stand in Reminder of Crypto’s Epic Fall

Last year, crypto was still the future of finance. As SBF prepares to testify, the new documentary RUIN explores what’s transpired since FTX’s stunning collapse.

Kylie Jenner Built a Beauty Empire. Now She’s Coming for Fashion.

The youngest of the Kardashian-Jenner clan is expanding her empire with the launch of a new clothing line.

Apple Raises TV Streaming Price to $9.99

The iPhone maker is the latest company to raise prices on streaming services.

Microsoft’s unexpected rebound in Azure cloud growth lifts shares

Wall Street had expected a slowdown as customers seek greater efficiency

Netflix to Raise Prices as Password Crackdown Boosts Subscriber Growth

The streaming giant added 8.8 million subscribers in the third quarter and said it would immediately raise U.S. basic-plan prices to $11.99.

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