Jeff Bezos Commits to Giving Away Majority of Fortune to Charity
Jeff Bezos, the founder of Amazon and the fourth-richest person globally, has pledged to donate the majority of his fortune to charity during his lifetime. In an interview with CNN, the billionaire revealed that he plans to direct his wealth…
Warren Buffett’s Strategic Buybacks: Berkshire Hathaway’s $27 Billion Move to Deploy Cash Reserves
Warren Buffett’s Berkshire Hathaway Inc. has taken a more cautious yet strategic approach to deploying its massive cash reserves, opting for what Buffett described as a “mildly attractive” method—record-breaking buybacks—rather than the high-profile acquisitions that have marked his career. In…
Elon Musk Subpoenaed in JPMorgan Epstein Lawsuit
Elon Musk, CEO of Tesla Inc., has been issued a subpoena by the U.S. Virgin Islands in its ongoing lawsuit against JPMorgan Chase & Co., accusing the bank of knowingly benefiting from Jeffrey Epstein’s sex-trafficking activities. The U.S. territory has…
Henry Kissinger: Leadership in the Age of Disruption
Henry Kissinger, the 98-year-old former U.S. Secretary of State and Nobel Peace Prize laureate, has long been a controversial figure in global politics. Known for his complex diplomatic strategies and bold decisions during his tenure under President Richard Nixon, Kissinger’s…
Proton’s CEO Andy Yen: From Fighting Dictatorships to Taking on Big Tech
Andy Yen stands at a panoramic window in Proton’s headquarters in Switzerland, gazing at the gray clouds shrouding the Alps. Though the view isn’t clear today, Yen seems unbothered, choosing instead to point out the nearby wristwatch companies and dairy…
Ferdinand Marcos Jr.’s Economic Uncertainty Is Worrying Investors
Ferdinand “Bongbong” Marcos Jr. has emerged as the front-runner in the Philippines’ presidential race, securing a commanding lead in the May 9 elections. His success has, in part, been driven by a carefully crafted narrative that presents his father’s authoritarian…
Starbucks Faces Legal Challenge Over Alleged Retaliation Against Union Activists
Starbucks Corp. is facing escalating legal action after U.S. labor officials accused the company of retaliating against employees involved in union organizing efforts. The National Labor Relations Board (NLRB) has filed a motion in federal court demanding that the coffee…
Elon Musk Takes the Lead as Twitter’s Largest Shareholder
Elon Musk has officially become Twitter’s largest shareholder, acquiring a 9.2% stake in the company, valued at approximately $2.89 billion, based on recent market close figures. This move follows Musk’s provocative questions to his massive Twitter following about the platform’s…
Trump’s Touted Coronavirus Website Still in Development Stage
A coronavirus testing website praised by U.S. President Donald Trump is still in its early stages of development and will launch initially in the San Francisco Bay Area, starting Monday. The site, which Trump mentioned during a Friday press briefing,…
South Korean Energy Giant Faces Legal Challenge Over ‘CO2-Free’ LNG Claims
SK E&S Co., South Korea’s largest private gas provider, is under scrutiny following allegations from environmental group Solutions for Our Climate, accusing the company of misleading the public about the environmental impact of its liquefied natural gas (LNG) project in…
Samsung Announces Major Management Overhaul, Merging Consumer and Mobile Divisions
Samsung Electronics Co. is undergoing its most significant management restructuring in years, merging its consumer and mobile divisions into a unified SET Division. This move is part of the company’s broader reorganization, which includes the replacement of its three co-CEOs…
Meta Faces Pressure to Sell Giphy Amid Antitrust Concerns
In a landmark decision, Britain’s Competition and Markets Authority (CMA) has ordered Meta Platforms Inc., the parent company of Facebook, to sell its $315 million acquisition of GIF search engine Giphy. This ruling marks a significant shift in global antitrust…