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Fidji Simo, chief executive officer of Instacart Inc., speaks during a Bloomberg Studio 1.0 interview in San Francisco, California, U.S., on Thursday, March 3, 2022. David Paul Morris | Bloomberg | Getty Images Fidji Simo, OpenAI’s product and business chief, announced several leadership changes on Friday and revealed she is taking a significant medical leave […]
There’s seemingly no escape from New York – the New York tax man, that is. The Empire State is “extremely aggressive” in chasing down wealthy people who attempt to escape high taxes with moves to Florida and beyond – and that could escalate as New York City Mayor Zohran Mamdani works to increase taxes on […]
Citigroup said Thursday that Chief Financial Officer Mark Mason will step down from his role in early March before leaving the bank next year. The Jane Fraser-led lender named Gonzalo Luchetti, currently the bank’s head of US personal banking, as his successor. Citi said on Thursday that Mark Mason, chief financial officer of the Wall […]
A Melbourne plant nursery has been forced to publicly apologize after one of its co-owners sent an “anti-Semitic” rejection message to a job seeker. A 24-year-old Israeli woman shared a text she allegedly received from Brett Dahan after applying for a job at The Garden of Eden Nursery in Albert Park. The young woman, who […]
This image from video provided by U.S. Immigration and Customs Enforcement via DVIDS shows manufacturing plant employees being escorted outside the Hyundai Motor Group’s electric vehicle plant, Thursday, Sept. 4, 2025, in Ellabell, Ga. Corey Bullard/U.S. Immigration and Customs Enforcement via AP Last week’s sweeping immigration raid on a Hyundai facility in Georgia could spell […]
Yieldstreet customer Justin Klish, who said he faces $400,000 in losses from investing on the platform. Courtesy: Justin Klish When Justin Klish stumbled upon an ad for Yieldstreet in February 2022, he said, it was the company’s tagline that stuck in his head. “Invest like the 1%,” the startup said. The ad spoke to his […]
Returns on Amazon are free and easy for shoppers, but they’re risky and expensive for the small businesses that sell a majority of the goods on the world’s biggest e-commerce site. Returns have driven some sellers to exit the popular Fulfillment by Amazon program, while others told CNBC they’d like to leave the platform altogether. […]
President Trump announced on Thursday that the United States intended to sign a trade deal with Britain that would bring the two nations closer and roll back some of the punishing tariffs he issued on that country’s products. Both sides consider a trade pact deeply beneficial, and a deal has been under discussion since Mr. […]
Follow live updates on the Trump administration here. Automakers can respond to President Trump’s new 25 percent tariffs on imported cars and parts in several ways. But all of them cost money and will lead to higher car prices, analysts say. Manufacturers can try to move production from countries like Mexico to the United States. […]
President Trump made a lot of promises on the campaign trail last year. Investors and business leaders enthusiastically cheered some, like lower taxes and relaxed regulation, and expressed wariness about others, like tariffs and reduced immigration. But when Mr. Trump won the election, there was little sign of that ambivalence: Stock prices soared, as did […]
