Elliott Management, the $55 billion hedge fund, has taken a big stake in the struggling tech giant, putting more pressure on its co-founder, Marc Benioff. Story Published at: January 23, 2023 at 12:18PM Continue Reading…
Activist Investors Are Circling Salesforce
Routine Crisis
A political fight is again putting the economy at risk. Story Published at: January 20, 2023 at 11:47AM Continue Reading…
Wall Street Is Down on Corporate America
Earnings season kicks off this week, and analysts expect a big drop in corporate profits and more announcements about layoffs. Story Published at: January 9, 2023 at 12:56PM Continue Reading…
Kevin McCarthy’s Business Ties Complicate His Rise to Power
To land the House speaker position, the California Republican will have to win over opponents who question his ties to Silicon Valley and his commitment to right wing causes. Story Published at: January 5, 2023 at 12:45PM Continue Reading…
How Bankman-Fried Negotiated His Way Out of Jail
Intense legal wrangling led to the disgraced crypto mogul paying virtually nothing to live with his parents ahead of his upcoming trial. He returns to court on Tuesday. Story Published at: January 3, 2023 at 12:37PM Continue Reading…
Trump Oversight
After years of evading congressional investigators, Donald Trump is taking hits. Story Published at: December 22, 2022 at 11:49AM Continue Reading…
Why No One in Politics Wants to Talk About the Sam Bankman-Fried Scandal
The fallout from the crypto controversy is widely spread — and it has hit both parties. Story Published at: December 22, 2022 at 12:00AM Continue Reading…
Out With the Old and in With the … What Exactly?
How about some predictions for the new year? Story Published at: December 19, 2022 at 10:00AM Continue Reading…
U.S. Scrutinizes Political Donations by Sam Bankman-Fried and Allies
Federal prosecutors appear to be focusing on possible wrongdoing by cryptocurrency executives, rather than by Democratic or Republican politicians. But the inquiries widen an explosive campaign finance scandal. Story Published at: December 17, 2022 at 08:16PM Continue Reading…
Restaurateur, Political Donor, Tipster: The Many Roles of FTX’s Ryan Salame
The co-chief executive of an FTX unit who told regulators about wrongdoing at the exchange was a big Republican donor. He also bought restaurants. Story Published at: December 17, 2022 at 08:00AM Continue Reading…