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Abercrombie & Fitch Sued by Ex-CEO Mike Jeffries, Demanding to Cover Legal Fees Related to Sexual Abuse Lawsuit

Abercrombie & Fitch Sued by Ex-CEO Mike Jeffries, Demanding to Cover Legal Fees Related to Sexual Abuse Lawsuit

Former Abercrombie & Fitch Co. CEO Michael Jeffries has taken legal action against the apparel retailer.


Elon Musk's AI Startup X.AI Seeks to Raise $1 Billion From Equity Investors

Elon Musk's artificial intelligence startup X.AI reportedly seeks to raise up to $1 billion in funding from equity investors.

Spotify to Lay Off 17% of Its Workforce — Here’s What CEO Daniel Ek Has to Say

Music streaming giant Spotify has announced a significant workforce reduction, saying it will lay off 17% of its employees.

Nelson Peltz vs. Disney: Billionaire Activist Investor Seeks Multiple Board Seats as He Launches New Proxy Battle

Activist investor Nelson Peltz and his firm Trian Fund Management have reportedly launched a proxy fight with Disney as they aim to secure more than two seats on the board.


Latest News

Elon Musk's Neuralink Raises Another $43 Million as It Gears up for Human Trials
Elon Musk's Neuralink, a company focused on developing brain implant technology, has secured an additional $43 million in funding.
Warren Buffett's Trusted Associate Charlie Munger Dies at 99: What's Next for Berkshire Hathaway?
Investing icon Charlie Munger, who served as vice chairman of Berkshire Hathaway, the conglomerate controlled by Warren Buffett, has passed away at the age of 99.
Joe Biden Slams Corporations Over Soaring Consumer Prices, Says 'It’s Time to Stop the Price-Gouging'
President Joe Biden has criticized corporations for maintaining high consumer prices despite a slowdown in the rate of inflation.
Fahd Haque
Global migration poses a challenging puzzle, requiring a thorough and considerate approach to immigration. Fahd Haque, a prominent figure in U.S. immigration law and the founder of Haque Legal, shows the need for empathy and understanding.
Terence Mills
In business dynamics, the role of a captain steering a ship parallels that of a leader driving a venture toward success. Terence Mills, the mastermind behind Veuu, a pioneering healthcare FinTech enterprise, exemplifies leadership's profound impact on a business's trajectory.
Alibaba Co-Founder Jack Ma, the Chinese Tech's Poster Boy, Moves Into Food Business
Alibaba co-founder Jack Ma, a longstanding figure in China's technology sector, is diversifying his business ventures into the food industry with the establishment of a new company, "Hangzhou Ma's Kitchen Food."
Gift Card Scam: Here's How to Get Your Money Back
Here's how to get your money back if you've become a victim of a gift card scam. Gift card scams continue to pose a significant threat, with consumers reporting a staggering 48,800 cases of gift card or reload card fraud in 2022, resulting in losses exceeding $228 million, according to the Federal Trade Commission (FTC).
Broke Poor Empty
Here's what you need to know about unemployment benefits. Experiencing a job loss can be challenging and could take a financial and emotional toll.
Binance Founder Changpeng Zhao Apologizes, Accepts 'Full Responsibility' in Letter to Judge Ahead of Sentencing
Binance is grappling with substantial outflows totaling over $1 billion following the exit of its founder and CEO, Changpeng Zhao.
Warren Buffett Donates a Whooping $870 Million in Berkshire Hathaway Stock to 4 Charities Before Thanksgiving
Warren Buffett has made a substantial move ahead of Thanksgiving, donating over $870 million in Berkshire Hathaway stock to four family foundations.
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