Elizabeth Holmes, founder and former CEO of Theranos, arrives for motion hearing on Monday, November 4, 2019, at the U.S. District Court House inside Robert F. Peckham Federal Building in San Jose, California. Yichuan Cao | NurPhoto | Getty Images Elizabeth Holmes’ attorneys strongly pushed back against the government’s attempts to detail her extravagant lifestyle
Wealth
Another 20 companies joined The Climate Pledge, a public commitment to “go green” launched by Amazon and Jeff Bezos in 2019. Including the new signatories announced Wednesday, there are 53 companies in 12 countries that have joined. The most high profile company of the latest group is IMB. It announced Tuesday its agenda to hit
Many retail stocks are struggling, but RH is thriving. Shares of the upscale home goods store have more than doubled over the past year. CEO Gary Friedman has said the company is benefitting from the droves of homebound shoppers who are looking around their dwellings all day long and finding plenty of opportunities for sprucing
To quarantine or not to quarantine — that is the question. Or at least it has been for countries deliberating how to handle incoming international travelers. But that changed last month when Sri Lanka reopened its borders with a requirement unlike any country that had opened before it — one that neither grants travelers free
Saul Loeb | AFP | Getty Images Amazon CEO Jeff Bezos reclaimed his title as the world’s richest person after he leapfrogged Tesla CEO Elon Musk, according to real-time data from Forbes. Musk saw his net worth slide by $3.9 billion on Tuesday as Tesla shares closed at $796.22, down more than 2.4%. The 49-year-old
Parents across America, and especially moms, have had to adapt over the last few months of the coronavirus pandemic and take on unexpected responsibilities as the lines between home and work and school have blurred. Job losses and health crises can cause further strain on an already stressed household. And while it might be your
According to Whitney Wolfe Herd, founder and CEO of Bumble, anyone can successfully start a side hustle and turn it into a thriving business. “You can monetize anything,” Wolfe Herd, who built Bumble into a business now worth over $7 billion, told CNBC Make It in 2019. To start, “figure out what you’re passionate about,” she
Bill Gates is a philanthropist and climate change evangelist. But he knows full well that his life as a billionaire and business tycoon also makes him “an imperfect messenger on climate change,” he writes in his new book, “How to Avoid a Climate Disaster.” “I can’t deny being a rich guy with an opinion,” writes
Scientists, politicians, youth activists and business leaders are talking about the dire consequences of climate change. But for the average person sitting on their couch, it can be hard to understand what is so urgent and why it matters to their life. In his new book, “How to Avoid a Climate Disaster,” billionaire Bill Gates
We’re sisters who grew up financially insecure. Today, each of us has a net worth of six figures and we teach others about how to build wealth through our financial education company Winenance. While we are now on the road to financial independence, this wasn’t always the case. Here’s how we got started and our top
Billionaire Elon Musk is the richest person in the world. As CEO of aerospace company SpaceX, electric car company Tesla and neurotechnology company Neuralink, as well as founder of The Boring Company, which constructs tunnels, Musk has a lot to manage each day. “I work a lot,” Musk told Joe Rogan during the latest episode
Elon Musk says the No. 1 way to decrease carbon dioxide emissions would be to levy a tax on carbon. “My top recommendation, honestly, would be just add a carbon tax,” Musk told Joe Rogan on The Joe Rogan Experience podcast on Thursday. “The economy works great. Prices and money are just information. … If
Self-made billionaire Mark Cuban says new innovations and companies will come out of the pandemic, creating an “America 2.0,” as he calls it. “At the beginning of the pandemic, as awful as it’s been, I talked about companies that we’re going to look back [on] in 10 or 15 years that were created” during this
Dr. Anthony Fauci and billionaire philanthropist Bill Gates talk regularly these days, and as you would imagine, they mostly talk about ending the pandemic. More specifically, right now, “we’re talking a lot about these variants and what that will do,” Gates, whose Bill and Melinda Gates Foundation has committed $1.75 billion to the fight against Covid-19, told
Whitney Wolfe Herd, founder and CEO of Bumble, has built a business worth over $7 billion in seven years. In its initial public offering, Bumble raised $2.2 billion from investors. Bumble is also one of the three female-founded companies to go public in the past year and has made Wolfe Herd a billionaire at 31. So
In 2003, I purchased a 1,000 square-foot, two-bedroom, two-bathroom house in San Francisco for $580,000, with a 30-year fixed-rate mortgage of 4.25%. At 26 years old, I had put almost all my savings into the 20% down payment. Over the next few years, I became obsessed with trying to pay off my mortgage early. In
It’s often said that remote workers can work from anywhere where there’s an internet connection. But tell that to someone who wants to live and work in Bangkok or Bali right now. The coronavirus pandemic has pushed millions of workers from their offices into their homes — and many have decided they want to change
Although investor Kevin O’Leary says bitcoin is a “giant nothing-burger” and has compared it to gambling, he owns some, along with a few other cryptocurrencies. “I have a crypto wallet,” says O’Leary, which he created on Coinbase in 2017. At the time, “I was lecturing at Harvard Business School, and the students challenged me to
Instability in financial markets and personal finances over the course of 2020 may have significantly altered our relationship with money, according to new research, which suggests people have more faith in robots than humans to manage their cash. Over three-quarters (76%) of consumers in Asia-Pacific said they would now trust a robot more than a
laflor | E+ | Getty Images After experiencing a year that I am sure we would all like to forget, there are definitely some financial lessons learned from 2020 that we should use in our day to day lives going forward. The most significant thing about experiencing events that are statistically very rare, such as
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