Business

McCourt sold the Los Angeles Dodgers for a hefty sum in 2012. Here’s how he’s been building his business and media empire since, and setting up a potential consortium to purchase TikTok.

Forbes investigated and mapped out the multimillion-dollar homes of CZ, Mukesh Ambani and the emirate’s other ultra-rich property owners.

F1 Academy, led by Susie Wolff, is revolutionizing motorsport and inspiring a new generation of diverse talent in the traditionally male-dominated world of Formula 1.

The electric vehicle maker said earlier this year it would cut 10% of its workforce.

For the first time in history, the 10 sports stars on Forbes’ annual ranking earned more than $100 million each—a record-breaking $1.38 billion combined.

A widespread outage of Apple’s instant messaging service was reported Friday morning, with thousands of users reporting problems on Downdetector, though Apple reported shortly after 7 p.m. that the issue had been “resolved.”

Billionaire Leo Koguan, who claims to hold more than 27 million Tesla shares, said Musk is a “tyrant CEO” who has abandoned the carmaker for his other companies.

The agreement concerns two crashes involving Boeing’s 737 Max that killed 346 people.

Tax cuts and a $300 energy rebate are among the core focuses of Jim Chalmers 2024-25 Federal Budget – that is projected to deliver a $9.3 billion surplus for this financial year. Here’s a breakdown of some of the key winners and losers from Tuesday night’s announcement.

Vogt, who resigned from the self-driving car company amid a crisis just six months ago, landed a $550 million valuation for a new company that wants to sell robots for personal uses like cleaning your house.