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For nearly a decade Elon Musk has claimed Teslas can truly drive themselves. They can’t. Now California regulators, a Miami jury and a new class action suit are calling him on it.
For years, Rohan Oza made millions for celebrities—including Jennifer Aniston and 50 Cent—on beverage deals. Then in May the ‘Shark Tank’ veteran brokered the blockbuster sale of the prebiotic soda P…
At Meta, a chaotic culture and lack of vision have led to brain drain, with rivals saying its AI talent is lackluster. But Zuckerberg’s frenzied hiring spree hasn’t stopped the departures.
The collective net worth of Trump’s Cabinet—made up of two Wall Street financiers, several former CEOs and TV hosts and just one career politician—is the highest ever, even before counting the presid…
Founded by the MLB legend alongside billionaire Marc Lore, his Timberwolves co-owner, the company is now valued at more than $100 million as it builds a one-stop shop for fans.
Trump is clawing back $4 billion, but new CEO Ian Choudri has a host of ideas — including leasing land for data centers to bring in more revenue — to pay for the costly project.
The lord of the Octagon reveals why he wanted David Ellison’s muscle behind his MMA giant, why pay-per-view events no longer work, and what a potential UFC fight at the White House would look like on…
Hedge fund trader James Litinsky turned a $20 million distressed bonds bet into a billion-dollar mining fortune—with a little help from Uncle Sam and the Chinese.
Indian immigrants Gurmer and Dashmeet Chopra started their careers reselling phone cases on eBay. Today, their fitness-inspired streetwear brand sells out every two weeks online—and is about to launc…
Five of America’s top philanthropists are teaming up for a new venture aimed at helping low-income Americans rise from poverty. An AI giant has signed on to help.
A string of big deals gives Scott Boras up to $244 million in commissions, but the entire top 20 is swinging for the fences, with a combined $32 billion in contracts under management.
Daniella Pierson has cozied up to everyone from Diane von Furstenberg to Selena Gomez, burnishing her image as her businesses unraveled. A case study in how hubris is bad for business.
Gerry Cardinale’s firm RedBird Capital Partners is investing $1.8 billion toward Skydance’s $8 billion deal. Here’s how the tycoon became a billionaire—and how he may wield his influence at the new-l…
First Vlad Tenev blew up the brokerage industry’s fee model. Now, thanks in part to his full-on crypto embrace, he has increased his fortune sixfold to $6 billion as he embarks on a global financial …
The cult canned iced tea and vodka beverage, led by Clement Pappas and Matt Quigley, could bring in $300 million this year—in the golden age of ready-to-drink cocktails.
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Mon 04 Aug 2025
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