What are H-1B visas? The immigration policy dividing Musk and Trump’s allies explained
Tech leaders joining Trump’s administration are championing the visas—and other Trump allies aren’t happy about it.
Billionaires
Why living like a billionaire is more expensive than ever
From Gucci loafers to opera tickets to sailing yachts, here’s how much more expensive it’s gotten to live like the ultrawealthy.
Inside MacKenzie Scott’s $2b in giving this year – and what’s ahead
One of the nation’s biggest philanthropists, Scott doubles down on solving housing problems and indicates that big banks may lose a chunk of her business.
News Corp sells Foxtel in landmark $3.4 billion deal
Foxtel has been sold to DAZN in a $3.4 billion deal that will see the global sports streaming giant take control of the Australian pay-TV service and its streaming platforms, Kayo and Binge.
Elon Musk as speaker of The House? GOP congress members float billionaire
The world’s richest man Musk already has a highly influential role in the incoming Trump administration.
Elon Musk is now worth more than $400 billion, the first person to ever do it
A new $350 billion value for SpaceX helped to lift Musk’s net worth to a historic high—more than for any billionaire Forbes has ever tracked.
Sam Bankman-Fried is shopping his prison diary – Here’s a peek inside
Disgraced former crypto billionaire Sam Bankman Fried is serving a 25-year sentence in New York City’s Metropolitan Detention Center. He’s learning about such things as sports gambling and a drug called “deuce,” and he badly misses his teddy bear Manfred.
Australian fast-food billionaire Jack Cowin dishes up his strategy for success
Despite the recent upheaval with Covid, the fundamentals haven’t changed in the fast-food industry in the past 50 years, says Jack Cowin, the billionaire founder and executive chairman of Competitive Foods Australia, the privately held group behind some of the country’s biggest fast-food chains.
Elon Musk’s massive Tesla pay package struck down by judge—again
The judge said Monday Tesla’s request for the court to “flip its decision” after the shareholders voted in favor of the package went “against multiple strains of settled law.”
Musk escalates feud with Sam Altman over OpenAI: Here’s what to know
Musk alleges Altman’s OpenAI has strayed from its initial non-profit mission and has sought to cut off competition from other AI companies, like Musk’s xAI.