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November 13, 2023
Steve Jobs, renowned as one of the most influential and visionary leaders of this time, left an indelible mark on technology and innovation. His work at Apple Inc. redefined the landscape of consumer electronics, establishing him as a symbol of success and creativity. Yet, in his final days, as he battled a rare form of pancreatic cancer, Jobs revealed a more introspective side, expressing some regrets, particularly regarding his family. In the weeks leading up to his death in 2011, Jobs, grappl
November 13, 2023
In the glittering world of Atlantic City’s casinos during the 1980s, Donald Trump emerged as a major player. His entry into the casino industry was timed with the booming popularity of Atlantic City as a gambling haven, second only to Las Vegas. Trump’s ambition led him to acquire three of the city’s major casinos, marking him as a significant presence in the thriving industry. Then the landscape of casino gambling shifted dramatically. The legalization of gambling in other ...
October 23, 2023
New York Attorney General Letitia James is spearheading a $250 million lawsuit against former President Donald Trump. The outcome of the trial could have a substantial impact on both Trump's wealth and the future of his real estate holdings. Trump, his sons Eric Trump and Donald Trump Jr. and other executives from The Trump Organization are accused of engaging in a decade-long scheme involving "numerous acts of fraud and misrepresentation" to inflate the former president's ne...
October 2, 2023
Billionaires like to shape how people live, from the cars they drive to the phones they use. Many billionaires are also turning their attention to how long people live, by investing in a number of biotech startup companies and research groups. Amazon.com Inc. Founder Jeff Bezos holds investments in Altos Labs, an anti-aging science startup. Altos Labs is developing drugs that can reverse or slow the aging process and counts Oracle Corp. Co-Founder Larry Ellison and science and technology entrepr
October 2, 2023
Birkenstock is one of the most popular shoe brands in the world, recently catapulting to fame after its cameo in the blockbuster "Barbie" movie. The luxury German shoe brand, valued at an estimated $8 billion, made headlines earlier this month for planning an initial public offering (IPO) despite murky market conditions. Backed By One Of The World's Richest Men L Catterton, a private venture capital firm backed by Bernard Arnault's LVMH, gained an equity stake in Birkenstock ...
September 30, 2023
The stock market has made a surprising comeback this year, ending the longest bear market since 1948 in June. The benchmark S&P 500 index has risen 19.34% year to date, while the tech-heavy Nasdaq Composite index notched an impressive 36.78% rise so far this year, ending the 2022 tech rout. But concerns regarding an impending recession have failed to ease, with the Federal Reserve hiking interest rates in July after a temporary pause in June. As a result, investors have been hedging against...