FOX BusinessSpace Travel NASA chooses Elon Musk's SpaceX to build spaceship that will return Americans to the moon verified_publisherFOX Business - Brittany De LeaNASA announced on Friday it has awarded a $2.9 billion contract to Elon Musk’s space exploration company SpaceX to build the craft intended to transport U.S. astronauts to the lunar surface for the first...
FOX BusinessJeff Bezos Amazon's Jeff Bezos says company needs to treat employees better after union push verified_publisherFOX Business - Daniella GenoveseIn his last shareholder letter as Amazon CEO, Jeff Bezos said that Amazon has to do better for its workers after facing the biggest union push in its 26-year history. In the letter issued Thursday, Bezos...
FOX BusinessMiami-Dade County Paying taxes in bitcoin could make Miami-Dade ‘crypto capital of the world’: Commissioner verified_publisherFOX BusinessMiami-Dade County Commissioner Danielle Cohen Higgins said potentially allowing residents to pay taxes in bitcoin could be a "strong first step" toward her community becoming "the crypto capital of the...
FOX BusinessTesla Elon Musk suggests Cybertruck is not happening this year verified_publisherFOX Business - Gary GasteluThe Cybertruck rolled into Tesla's Austin, Tex., factory location where it will be manufactured on Thursday, but it sounds like it will be a while before more of them start rolling out of it. Elon Musk...
FOX BusinessTesla Model S Amid GameStop frenzy, Elon Musk gets half-hearted support from Einhorn verified_publisherFOX Business - Jonathan GarberHedge fund manager David Einhorn "half-heartedly" defended nemesis Elon Musk in his quarterly letter to investors amid accusations the Tesla CEO helped fuel the recent short-squeeze in GameStop shares....
FOX BusinessCoinbase Coinbase CEO nets $13B after direct listing verified_publisherFOX Business - Lucas ManfrediCoinbase CEO Brian Armstrong's fortune has ballooned following the success of the company's historic direct listing on the Nasdaq. Coinbase is the first company specializing in cryptocurrencies to make...
FOX BusinessStarlink Elon Musk's SpaceX raises $1.16B in equity financing verified_publisherFOX Business - Lucas ManfrediElon Musk's SpaceX has raised roughly $1.16 billion in equity funding, according to an amended filing with the Securities and Exchange Commission. The filing follows a nearly $850 million equity funding...
FOX BusinessTesla Ford and Tesla CEOs trade Twitter barbs and it gets personal verified_publisherFOX Business - Gary GasteluFord didn't pull any punches when it announced its new BlueCruise highway driving assist feature on Wednesday. The press release for the hands-free, lane-keeping cruise control called out the similar offered...
FOX BusinessJeff Bezos Amazon founder Jeff Bezos shows off NS-15 rocket on social media verified_publisherFOX Business - Julia MustoAmazon and Blue Origin founder Jeff Bezos posted a picture on Instagram standing next to his space company's New Shepard suborbital rocket booster after another successful flight test on Wednesday. In...
FOX BusinessBernie Madoff Ruth Madoff is living in a $3.8M waterfront home with former daughter-in-law’s family verified_publisherFOX Business - Doug Healey ,Ruth Madoff is finally living in style again — sharing a $3.8 million waterfront mansion in Connecticut with a former daughter-in-law’s family, the New York Post has learned. Just hours after the prison...
FOX BusinessJamie Dimon JPMorgan CEO Dimon says US economy poised for 'extremely robust' growth if government stimulus spent 'wisely' verified_publisherFOX Business - Megan HenneyTrillions of dollars in government stimulus aimed at blunting the financial pain caused by the coronavirus pandemic is poised to create a years-long economic boon if spent wisely, according to JPMorgan...
FOX BusinessAirlines Hundreds of CEOs, corporations unite to oppose 'discriminatory' voting bills verified_publisherFOX Business - Megan HenneyHundreds of major companies and executive leaders, including Amazon, Google, Netflix and Berkshire Hathaway's Warren Buffett, signed a statement released Wednesday opposing "any discriminatory legislation"...
FOX BusinessTesla Tesla 'building up' collision repair capabilities, Elon Musk says verified_publisherFOX Business - Daniella GenoveseElon Musk said on Twitter that Tesla is "building up" its collision repair capabilities and that its insurance will aid in making this process easier for drivers. "Tesla is building up collision repair...
FOX BusinessBernie Madoff Bernie Madoff, mastermind of vast Ponzi scheme, dies in federal prison at age 82 verified_publisherFOX Business - Megan HenneyBernie Madoff, the notorious architect of the biggest investment fraud in U.S. history, has died at age 82. Madoff was serving a 150-year sentence at the federal medical care center in Butner, North Carolina,...
FOX BusinessCorporate Tax Biden’s corporate tax plan gives CFOs earnings angst verified_publisherFOX Business - Suzanne O'HalloranThe upcoming first-quarter reporting season, which kicks off Wednesday with JPMorgan and Wells Fargo, may be the strongest in more than a decade, according to John Butters, senior earnings analyst at But...
FOX BusinessToshiba Toshiba CEO steps down, shares surge on bidding war expectations verified_publisherFOX Business - Fox BusinessToshiba Corp CEO Nobuaki Kurumatani resigned on Wednesday amid controversy over a $20 billion buyout bid from CVC Capital Partners and the conglomerate's shares surged on reports that KKR & Co and Brookfield...
FOX BusinessCEOs Companies risk backlash from 'woke warriors' when they comment on political issues: former AmEx CEO verified_publisherFOX Business - Megan HenneyThe nation's top corporate leaders would be wise to stay silent on hot-button political issues, according to the former CEO of American Express, who warned that companies could get trapped in a cycle forces...
FOX BusinessCEOs BJ’s Wholesale Club CEO Lee Delaney reportedly dies of heart attack while running verified_publisherFOX Business - Daniella GenoveseBJ’s Wholesale Club chief executive Lee Delaney reportedly died of a heart attack while he was in the middle of a run last Thursday. One of the reasons Delaney, 49, had taken up running was because of...
FOX BusinessPrivate Spaceflight Blue Origin announces date for its NS-15 liftoff, rehearsal for human flights verified_publisherFOX Business - Fox BusinessBlue Origin, the Jeff Bezos-led spaceflight company, announced that it is targeting Wednesday for the launch of its NS-15 rehearsal mission, which is seen as a significant step in the company’s effort...
FOX BusinessCEOs White House, Intel team up on semiconductor shortage affecting auto industry verified_publisherFOX Business - Evie FordhamAmerican tech company Intel said it's working to combat the semiconductor chip shortage affecting the auto industry on the same day President Biden rounded up CEOs for a virtual summit on the semiconductor...
FOX BusinessRyan Cohen GameStop CEO search may top Ryan Cohen's housecleaning verified_publisherFOX Business - Lucas ManfrediGameStop is shaking up the executive suite yet again, according to reports. On the chopping block: chief executive officer George Sherman, as reported by Reuters citing people familiar with the matter....
FOX BusinessCEOs Top CEOs consider stopping political donations to oppose voting bills verified_publisherFOX Business - Megan HenneyMore than 100 of the nation's top executive and corporate leaders held a virtual meeting over the weekend to discuss how they plan to respond to a slate of new voting laws under consideration in several...
FOX BusinessElon Musk Cost of SpaceX Starlink Dish 'decreasing rapidly,' Elon Musk says verified_publisherFOX Business - Daniella GenoveseElon Musk said Sunday that the cost of the SpaceX Starlink satellite dish is "decreasing rapidly," at least temporarily. Musk's comments came in response to a tweet claiming that the aerospace company...
FOX BusinessPandemics Online grocery Weee's Larry Liu on delivering in a pandemic verified_publisherFOX Business - Fox BusinessVirtual grocery shopping became more popular during the pandemic lockdowns, and Weee, a startup focused on Asian grocery delivery, was no exception. Its founder, Larry Liu, came to the U.S. from China...
FOX BusinessLauren Sánchez Lauren Sanchez's brother says new info vindicates him after Jeff Bezos files suit verified_publisherFOX Business - Evie FordhamMichael Sanchez, brother of Jeff Bezos' girlfriend Lauren Sanchez, says he is vindicated by the latest revelation in the saga of leaked texts that exposed Bezos and Lauren Sanchez's affair in 2019. The...
FOX BusinessMark Zuckerberg Facebook spent $23M on Mark Zuckerberg's security in 2020 verified_publisherFOX Business - Thomas BarrabiFacebook spent more than $23 million on security for CEO and founder Mark Zuckerberg during its 2020 fiscal year, the social media giant disclosed in an annual proxy filing on Friday. The security costs...
FOX BusinessSouth Florida Oracle’s Larry Ellison buys Palm Beach mansion for $80M verified_publisherFOX Business - Katherine ClarkOracle co-founder Larry Ellison has purchased a North Palm Beach mansion from hedge-fund manager Gabe Hoffman, the founder of Accipiter Capital Management, for $80 million, according to two people familiar...
FOX BusinessNeuralink Real-life ‘Jurassic Park’ could probably be built ‘if we wanted to,’ Elon Musk’s Neuralink partner says verified_publisherFOX Business - Julius YoungElon Musk’s business partner says a real-life version of "Jurassic Park" could "probably" happen but only if the tech whizzes "wanted to." The co-founder of Musk’s Neuralink company, Max Hodak, hit send...
FOX BusinessPeter Thiel Peter Thiel: China could use bitcoin as a 'financial weapon against the US' verified_publisherFOX Business - Audrey ConklinTech investor and PayPal co-founder Peter Thiel believes China can use the cryptocurrency Bitcoin as a "financial weapon" against the U.S. Thiel is also the co-founder of Palantir, a data software company...
