View CEO Rao Mulpuri, who saw the glassmaker go from investor darling to declaring bankruptcy, has resigned
View filed for bankruptcy protection in April, three years after going public. CEO Rao Mulpuri has left the now private company.
Finance
Balyasny wants to build an AI equivalent of a senior analyst. A recent breakthrough brings the hedge fund one step closer.
Two execs on Balyasny's Applied AI team break down how back-end work on a new AI tool improved how often models return relevant data by 60%.
Wall Street's beach reads: 35 books to read on vacation, recommended by top investors, dealmakers, and traders
We compiled a list of books that top Wall Streeters have recommended over the years that have helped them get ahead.
A grocery tycoon turned Walmart robotics supplier is one of this year's biggest wealth losers after $9 billion wipeout
Symbotic CEO Rick Cohen has suffered a huge slide in his net worth this year amid an investor backlash against his warehouse-robotics company.
Scottie Scheffler, the world's top golfer, pocketed $25M bonus after ruling the season and making $12,000 for each shot
Scottie Scheffler has enjoyed one of the most dominant seasons in the history of golf, and he has the money to show for it.
How do you feel about the economy? It depends on whether you own stocks
People who own stocks feel much better about economy than non-owners.
My husband and I keep our finances separate and believe it's one of the reasons our marriage has stayed strong over the years
Keeping our finances separate has been a key to our marriage. My husband and I have different money habits, but we still split shared costs.
Oracle billionaire Larry Ellison's incredible real estate portfolio includes properties in Silicon Valley, Japan, Hawaii, and more
Larry Ellison purchased a resort near Palm Beach, Florida. We've rounded up the most notable pieces of his billion-dollar real estate portfolio.
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A boomer from Texas retired in Panama for the low cost of living and lifestyle. She said it feels like 'Christmas every day.'
Saundra Lohr, 68, retired in Panama after living in Texas. She loves the quality of life and affordability of her new home.
Meet the millionaires next door
Six millionaires explain the lifestyles and philosophies that helped them grow their net worths from nothing.
Many boomers on Social Security live near poverty and don't tell anyone. It's adding to the loneliness crisis.
With limited money to maintain a social life, many baby boomers feel lonely and isolated.
Welcome to credit card points mania
Gen Zers explain the credit cards they're using to get the best rewards and live a life of more luxury, as long as they can stay out of debt.
The full list of major US companies slashing staff this year, from Tesla and Lucid Motors to Goldman Sachs and Shell
Companies have continued to cut jobs in 2024 after a wave of layoffs last year. Goldman Sachs, IBM, Google, and Tesla are among those shedding staff.
A Goldman Sachs financial advisor shares 3 strategies for founders preparing to cash in on IPO wealth
An IPO can transform a founder's life overnight by generating a sudden cascade of wealth. A top wealth advisor recommends certain steps to prepare.
Whistleblower unfairly dismissed after being told to arrange visa for Chinese 'espionage agent' awarded $745,000
Bharat Bhagani alerted UK authorities about a number of concerns after being ordered by his bosses to arrange a work visa.
Warren Buffett is celebrating his 94th birthday. He hates getting older and sees his life as a snowball.
Warren Buffett, one of the greatest investors in history, dreads his birthday but says he concentrates on making the most of his remaining years.
Warren Buffett turns 94 today. Here are 6 of his best birthday stories.
Warren Buffett has talked about his hopes for Geico, buying two businesses, and hiring great managers in connection with birthdays.
A retired baby boomer who still needs to work to get by thinks Social Security should be seen as a right in the US
Linda, 64, is retired. But that doesn't mean she's done working.
A Gen Xer got $110,000 in student loans forgiven after he'd paid off more than he borrowed. It's allowed him to scrap his plans to work part time in retirement.
Steven Perry, 58, thought the notice confirming his student-loan forgiveness was a scam. But after decades of payments, he finally got debt relief.
When will ServiceTitan finally go public? Now, executives are waiting until after the election, sources say.
After shelving IPO plans in 2022 and then reportedly planning to list in 2024, executives are waiting until after the election is over to go public.
Autry Stephens sold his company for $26 billion but died before the deal was done. Here's how a Texas farm boy became an oil tycoon.
Autry Stephens built Endeavor Energy into one of the biggest private oil producers and sold the company this spring, but died before the deal closed.
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Meet Françoise Bettencourt Meyers, the L'Oréal heiress worth about $90 billion
L'Oréal heiress Françoise Bettencourt Meyers is now the second highest-placed woman on the Bloomberg Billionaires Index after Alice Walton.
Basic income lets some parents afford toys and new shoes for their kids. One mother said it was 'life-changing.'
After paying the bills and finding housing, some parents spend basic income on clothes, toys, and activities for their kids.
Washington, DC, is the best place in the US for pay and good jobs. See the other top states.
A flood of workers have moved south in recent years, but many Southern states offer lower wages and fewer worker protections.
Credit scores have become a weapon of mass seduction
Credit scores and reports can be daunting to think about for consumers. For companies from Experian to Credit Karma, that anxiety makes money.
Wall Street is making a crucial reversal on one huge issue
Big banks and asset managers are a powerful force in fighting the climate crisis, but many of them are flip-flopping on their environmental promises.
Inside $60 billion Two Sigma's leadership change: The big winners and a hint at its future
The $60 billion quant hedge fund's feuding founders John Overdeck and David Siegel are stepping back as co-CEOs.
Content Partners is looking to do new film and TV financing deals of up to $100 million each — starting with Lionsgate
Content Partners wants to fill a void left by banks and private equity. It seeks to capture half of a $2 billion market in entertainment deals.
Warren Buffett's company is worth $1 trillion for the first time — but he may not be celebrating
Warren Buffett has complained that Berkshire Hathaway's ballooning scale has made his job harder and harder.
Nvidia faces the music
Wall Street is watching Nvidia's earnings report as the chip giant faces some big questions.
A boomer who has had cancer and gets $2,200 a month in Social Security can't retire comfortably: 'It's a catch-22'
Wendy Jones, 71, and her husband, who has disabilities, face financial struggles even though she receives $2,200 a month in Social Security.
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America's big cities are losing their one big advantage
A steep rise in housing costs means many Americans may be better off moving out of cities, a dramatic turnaround from just a few decades ago.
Klarna CEO comments show the AI workplace everyone has been dreading is already here
In May, the CEO said Klarna had saved millions by "spending less on photographers, image banks, and marketing agencies."
Meet the ex-Goldman Sachs partner behind the scenes of the Skydance-Paramount deal
Gerry Cardinale, an ex-Goldman Sachs partner, made his name as the Yankees' dealmaker. His portfolio includes Skydance, Paramount's buyer.
Inside 8 innovative technology projects on Wall Street, from Blackstone to Goldman Sachs
Morgan Stanley has project Lightning underway and Blackstone is focusing on its DocAI platform. Here are some of Wall Street's biggest tech projects.
Illinois is launching a basic income pilot for 400 families in the child welfare system in the hopes of reducing maltreatment
Illinois' guaranteed basic income program will give no-strings-attached cash to families in the child welfare system.
A prenup would've made my divorce easier. If I ever get married again, it'll be a nonnegotiable.
Lisa He started a business during her marriage and bought her husband out when they split. She wishes they had gotten a prenup.
Nvidia has lots of questions to answer in this week's earnings call on product delays, competition, and China
As rivals increase their spending on AI computing, Nvidia will likely face questions on Wednesday's earnings call about its Blackwell-chip rollout.
Judge orders 'Pharma Bro' Martin Shkreli to hand over copies of one-of-a-kind Wu-Tang Clan album
Martin Shkreli boasted he burned copies of the Wu-Tang Clan album for women and later received sexual favors, a lawsuit alleges.
Living with my parents in Hawaii helped me afford the most expensive state. It was the best option for me after graduating.
Living with her parents after college has given her the opportunity to learn about personal finance and save for a down payment for a house.
Why Black men's job situation is worse than it looks
Black men are still working at a considerably lower rate than white, Asian, and Hispanic men, despite progress in recent years.
Don't get your hopes up about the housing market
The Federal Reserve appears poised to cut interest rates in September. But the move might not help many Americans afford housing in the short term.
How trusts can help wealthy couples fund their lifestyles and save big on taxes
The wealthy can dodge estate taxes but keep access to their assets by using spousal lifetime-access trusts. One caveat: don't get divorced.
A senior energy trader is out at Balyasny's growing commodities operation
The oil trader Mike Grigsby's departure comes amid a commodities buildout for Balyasny Asset Management.
Sports betting is causing some low-income Americans' finances to go from bad to worse
The sports betting boom is hurting the finances of some low-income Americans.
These affordable home loan options can make owning a home possible
Homeownership is within reach even in today's competitive housing market.
Sign up now: how businesses can kick-start their IPO journey
BI's upcoming free virtual event will feature top business leaders discussing how to debut a company to the public market.
The superyacht tragedy will likely spark legal drama
Maritime legal experts told BI that the operator behind the now-sunken luxury sailing yacht, the Bayesian, should lawyer up.
An oil tycoon sold his company for $26 billion this year — but died before the deal closed
Autry Stephens struck a deal for his Endeavor oil company that would have made him one of the world's 100 richest people, but he died last week.
I inherited $250,000 from my grandmother and regret how I spent it. I wish I had overcome my fears around money sooner.
Sara Faith Jacobsen received $175,000 from her grandmother's life-insurance policy and $75,000 from her will when her grandmother died in 2021.