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Billionaire Nelson Peltz Sells Entire Disney Stake After Board Fight, Raking in $1 Billion
Billionaire activist investor Nelson Peltz has sold his entire stake in Walt Disney. Billionaire activist investor Nelson Peltz sold his entire stake in Walt Disney on Wednesday following a contentious boardroom dispute with the media giant, according to a person familiar with the matter.
American Airlines Faces Leadership Change and Financial Struggles, Says CEO
American Airlines CEO Robert Isom addressed the departure of Commercial Chief Vasu Raja and acknowledged the airline's financial challenges, including a significant downgrade in its earnings forecast for the current quarter.
US Billionaire to Take New Submersible to Titanic Wreck Despite Deadly OceanGate Tragedy
A US billionaire plans to take a new submersible to the Titanic's wreck a year after the tragic OceanGate incident.
Elon Musk's AI Vision Challenged by Meta’s Yann LeCun in Fiery Social Media Debate
Meta's AI Chief Scientist Yann LeCun and billionaire Elon Musk engaged in a heated debate on the X platform over Musk's AI startup and his controversial views.