Business Update

The businessman courted U.S. conservatives as an anti-Communist crusader while using his supporters’ money to buy lavish homes and a Bugatti supercar. Source link

Carl Rinsch was convicted last year of stealing $11 million from the streamer, which funded a science fiction series he had pitched. Source link

Traditional bed-and-breakfast inns are doubling down on unique décor, personalized service and flexible policies, as they seek to distinguish themselves from vacation rentals. Source link

The president promised to “take appropriate action immediately” against Lisa D. Cook, a Fed governor. Source link

Scholars say the “unknown unknowns” of using artificial intelligence in the workplace may be undermining the technology’s advertised benefits. Source link

A New Zealand Olympian, his small gym in Auckland grew into a worldwide chain. Source link

A report examines how the war in Iran has weighed on Asian economies, but left China in a more advantageous position. Source link

Comcast said it plans to spin off its big media division from its core broadband operations. That could lead to some big-ticket deal-making. Source link

Four days of attacks by both countries forced a sharp decline in the number of vessels navigating through the Strait of Hormuz. Source link

The media business, which owns NBC News, Universal Pictures and the Peacock streaming service, will be separated from Comcast’s cable and internet business, following a trend in the media industry. Source link