Business

WeWork joins the likes of Bed Bath & Beyond and SVB Financial as headlines of the busiest year for corporate bankruptcies since 2020.

Bumble cofounder Whitney Wolfe Herd will step down as the dating app company’s chief executive, the firm announced Monday morning, as the former billionaire Wolfe Herd slides into a new role while Bumble’s growing pains as a public company continue.

Shares for the office-sharing company have fallen nearly 99% this year.

Musk debuted xAI’s AI chatbot Grok over the weekend, though it is in a “very early beta” stage and only available to certain X subscribers.

How Sam Bankman-Fried’s possible 110 year sentence stacks up against other ex-billionaires and billionaires who’ve served time.

Rumored to be in the works for the past year, the initiative appears to have begun rolling out recently, with email solicitations being sent to potential buyers.

She’s not there yet but iron ore billionaire Gina Rinehart is on her way to being crowned the world’s first lithium queen.

Get ready for a Melbourne Cup-day rate rise was the consensus opinion from an economics panel at the Forbes Business summit in Sydney. 

John Paul DeJoria went from living out of a car to becoming a shampoo and tequila billionaire. Some forty years after he struck it rich, he shares investing wisdom he’s gained along the way.

White-collar defendants often get far less than the maximum sentence—but legal experts told Forbes they expect Sam Bankman-Fried to face decades in prison.