WWE stock plunges after Vince McMahon ousts top execs
By Manskar WWE shares plunged off the top rope Friday after head honcho Vince McMahon booted two longtime executives at the pro wrestling giant. The firm’s stock tumbled 21.5 percent …
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Jack Ma donates $14M to help develop coronavirus vaccine
By Jackie China’s richest man, Jack Ma, has donated $14 million through his foundation to help develop a vaccine for the new coronavirus, according to a report. The Alibaba founder …
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Goldman Sachs will no longer do IPOs for companies with all-male boards
By Mcenery Boards packed with bros don’t get IPOs. That’s the new policy at Goldman Sachs, whose chief executive David Solomon said the Wall Street giant won’t take any company …
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Hallmark Channel boss stepping down after lesbian ad debacle
By Manskar The chief of the Hallmark Channel’s parent company is stepping down following a furor over the network’s airing of ads depicting a lesbian wedding. Hallmark Cards announced the …
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Disney+ will launch in Europe ahead of schedule on March 24
By Manskar Baby Yoda is due for an early arrival across the pond. Disney+ will launch in Western Europe a week earlier than planned following the streaming service’s explosive North …
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Robert Clegg, HSBC bank boss, accused of numerous affairs with staffers
By Brown A British bank bigwig caught having sex in an office bathroom while having numerous affairs with staffers was dubbed “Weinstein” by grossed-out colleagues, an employment tribunal was told. …
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Number of billionaires has doubled in last decade
By Yaron The number of billionaires has doubled in the past decade and the world’s wealthiest 2,153 people controlled more money than the poorest 4.6 billion combined last year, the …
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‘Grand Theft Auto’ kingpin pleads guilty to fraud charges
By Manskar A Las Vegas high roller who claimed he helped create the “Grand Theft Auto” video game franchise has pleaded guilty to swindling investors of his latest venture. Robert …
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Antitrust probe stalling Altria’s $12.8B deal with Juul
By Manskar A federal antitrust probe is reportedly stalling tobacco titan Altria’s $12.8 billion tie-up with Juul more than a year after the investment was announced. The Marlboro maker and …
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PayPal fixes bug that could have allowed hackers to steal passwords
By Keil J. A software wiz discovered a “high-severity” bug that put users’ data at risk, but the company fixed it before anyone’s personal information could be “exposed.” The vulnerability, …
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Declining profits have experts fearing a recession in 2020
By Gregory Never mind that the stock market is hitting historic highs — pay attention to profits. Several money managers, some of whom say there will be a recession in …
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Elon Musk responds to Grimes pregnancy with mysterious tweet
By Manskar Elon Musk may soon be a daddy again. Tesla’s billionaire boss — who has already fathered twins and a set of triplets by a previous marriage — on …
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Greenwich hedge fund WorldQuant axes 130 staffers as quants struggle
By Thornton It’s another bad day for hedge-fund quants. Greenwich, Conn.-based WorldQuant has reportedly laid off about 130 employees and shuttered five overseas offices at the 750-person, $7.5 billion firm, …
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Facebook, eBay pledge crackdown on scammers trading fake reviews
By Noah Facebook and eBay pledged Wednesday to more aggressively tackle scammers trading fake and misleading product reviews in new agreements with British regulators. The companies have cracked down on …
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Consumer Electronics Show under fire for featuring Ivanka Trump
By Vega The world’s largest consumer technology show kicks off Tuesday in Las Vegas with a controversial appearance by Ivanka Trump, who’s getting heat for taking center stage despite her …
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Chelsea Clinton made $9M since 2011 from corporate board position: report
By Tamar Chelsea Clinton raked in around $9 million since 2011 for her work on the board of an Internet investment firm controlled by a pal of her mom’s, a …
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Amazon threatens to fire workers who criticized climate policies
By Nicholas Amazon has reportedly threatened to fire employees who recently criticized its environmental policies in the Washington Post — the newspaper that’s owned by Amazon’s billionaire boss Jeff Bezos. …
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Ex-Nissan honcho Carlos Ghosn fled Japan by hiding in musical instrument case
By Sheehy Nissan’s former CEO fled house arrest in Japan in a wild Hollywood-worthy plot — allegedly using a team of mercenaries posing as musicians to smuggle him out of …
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WeWork co-CEOs could get golden parachutes worth $8.3M
By Manskar Adam Neumann’s replacements at WeWork could reportedly get their own golden parachutes worth almost $17 million if the troubled office-sharing company pushes them out. WeWork co-CEOs Artie Minson …
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Telecom giant Huawei slams WSJ report alleging Chinese government support
By Manskar Huawei lashed out Thursday at a report detailing how the Chinese government has propped up the telecom giant. Huawei has become one of the globe’s leading telecom companies …
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