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Business

Chime chases $11 billion valuation in IPO set for next week on Nasdaq

Chime Financial on Monday kicked off the roadshow for its much anticipated IPO that could value the neobank at roughly…

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Business

This CEO went from bagging groceries at Publix to founding a $3.4 billion cyber company—with little tech background 

Despite lacking a ritzy degree or much background in tech, Gen Xer Brian Murphy built ReliaQuest into a billion-dollar firm…

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Business

Hailey Bieber’s $1 billion sale of Rhode could open the door to more beauty M&A

Good morning! Tate brothers are charged with rape, Christine Lagarde plans to finish her term as ECB president, and Hailey…

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Fashion

Rhode to Be Acquired by Elf Beauty for $1 Billion

“Hailey is more than a celebrity; she is the most thoughtful founder and has great strategic instinct. She has gone…

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Business

Why LVMH’s $1 billion Formula One bet is more than the average luxury partnership

When LVMH inked an estimated $1 billion deal with Formula One late last year, it marked a turning point for…

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Business

U.S. military spent $6 billion in the past 3 years to recruit and retain troops amid enlistment shortfalls

The U.S. military spent more than $6 billion over the past three years to recruit and retain service members, in…

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Business

Hundreds of billionaires pledged to give away $600 billion to charity—but the Bill Gates and Warren Buffett era of philanthropy may be over

The era of billionaire baby boomer men leading philanthropy is over—wealthy women are taking the reins, as the likes of…

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Business

Boeing strikes $1.1 billion deal with Justice Department over deadly 737 Max crashes—and must pay $445 million to victims’ families

The Justice Department has reached a deal with Boeing that will allow the airplane giant to avoid criminal prosecution for allegedly misleading…

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Business

U.S. could lose $23 billion in GDP and 230,000 jobs if foreign tourists stay away, study says

International travel to the U.S. appears set to decline, with bookings falling as tariff battles and more intense screening ward…

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Business

Universal’s $7 billion Epic Universe theme park opens today. Here’s what to expect—and the best rides for families and daredevils

After years of COVID-imposed delays and a month or so of previews, Universal Orlando finally opens the doors on its…

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