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Judge Imposes Sanctions on Plaintiff and Her Lawyer in Suit Against Billionaire Leon Black

Raj3 months ago01 mins

A federal judge said the lawyer representing an unnamed plaintiff who accused the billionaire investor of abusing her had “lied repeatedly to the court.” Source link

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  • Business

The Peril of Piloting Ships Through the Strait of Hormuz

Raj3 months ago01 mins

Controllers for shipping companies face a daunting decision as they try to free vessels trapped in the Persian Gulf: “Basically you’re sending someone unarmed into war.” Source link

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$450 Million Worth of Newhouse Trophies Come to Christie’s

Raj3 months ago01 mins

A special May evening sale will feature 16 artworks from the museum-quality collection of the Condé Nast chief S.I. Newhouse Jr. Source link

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Trump Says He Dislikes Prediction Markets. His Family Invests in Them.

Raj3 months ago01 mins

The White House has warned staff not to wager on government decisions, but his family’s involvement with these firms undermines the president’s message. Source link

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  • Business

It Was Just a Podcast. Now, It’s Kelce Land.

Raj3 months ago01 mins

When Amazon gutted its podcast company, it built a new department that made creators kings, starting with the football stars Jason and Travis Kelce. Source link

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Why Everyone, Including Trump, Is Talking About Airline Mergers

Raj3 months ago01 mins

A few carriers are making a lot of money while many are struggling. President Trump and industry executives seem to think mergers may be the answer. Source link

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  • Business

Justice Department Drops Criminal Investigation of Fed Chair Jerome Powell

Raj3 months ago01 mins

The decision to end the investigation into Jerome H. Powell’s handling of the Federal Reserve’s renovation will allow Kevin M. Warsh, President Trump’s pick for Fed chair, to win confirmation. Source link

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  • Business

Ignoring the War Has Been Working for Long-Term Investors

Raj3 months ago01 mins

The U.S. stock market’s quick rebound this month may be fragile, but riding out the market’s disconcerting waves has been a sound strategy. Source link

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A.I. Is Forcing More Belt-Tightening at Big Tech

Raj3 months ago01 mins

The growing expense of keeping up in the artificial intelligence race is driving technology companies, young and old, to costs. Source link

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Companies, Not Consumers, to Cash In Big From Tariff Refunds

Raj3 months ago01 mins

Many families felt the sting of the president’s now-illegal tariffs, but companies have said little about whether they will share the $166 billion coming back to them. Source link

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SpaceX Briefly Falls Below I.P.O. Price of $135

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