Disgraced multimillionaire and convicted white collar criminal Bill Hwang is too broke to ever pay the nearly $10 billion in restitution requested by prosecutors to make some of Wall Street’s biggest banks whole again. It’s a stunning fall for the once high-flying graduate of hedge fund pioneer Julian Robertson‘s Tiger Management. Hwang, now 60, went on […]
Nicole Kidman, dressed in a slim black pantsuit, white shirt, and high-heeled pumps, was in a cluttered Chelsea loft carefully studying images created by the artist Robert Longo for his early-1980s masterwork “Men in the Cities.” “I like this one,” she said, fixating on a woman in a white dress with a full skirt, her
Nicole Kidman on 'Babygirl,' Championing Women, & Pushing Herself to the Limit Read More »
Good morning. The largest U.S. budget airline, Spirit, announced on Monday it has filed for Chapter 11 bankruptcy protection. The company hopes to turn things around—and its new CFO will be front and center in that effort. On the financial front, Spirit said it’s working to restructure and reduce its debt, and that it has
Spirit Airlines CFO faces ‘uphill battle’ as airline navigates Chapter 11 process Read More »
Attorneys for Amazon and Elon Musk’s SpaceX argued in a federal appeals court Monday that the National Labor Relations Board’s structure is unconstitutional, advancing a legal fight that may last into the Trump administration where Musk is expected to oversee bureaucratic cost-cutting. A panel of three judges at the 5th U.S. Circuit Court of Appeals in New Orleans heard separate
What would you do if you had a six-figure salary? Perhaps you’d never cook another meal again or indulge in a monthly Thai massage and a Soho House membership to unwind from the stress that comes with being at your A game. Here at The Good Life you don’t have to imagine what life at the top
President-elect Donald Trump is seriously considering Marc Rowan, the CEO of private equity giant Apollo Global Management, as his new Treasury Secretary, according to a New York Times report. Based on sources the Times says are “close” to Trump, Rowan has become a likely frontrunner as Trump grows frustrated with other candidates. At a time
President-elect Donald Trump’s pick to lead the Federal Communications Commission, Brendan Carr, is a longtime opponent of Big Tech. Carr wants to do away with many of the protections afforded to large social media platforms under Section 230 of the Communications Decency Act. The provision gives online platforms some protections from legal consequences for third-party
Building facades in Singapore can be bold or futuristic. The iconic Marina Bay Sands with its sailboat atop its three towers is one example. And then just adjacent to the Marina Bay Sands are dozens of skyscrapers that make up the city-state’s central business district. But zoom out a little, just on the fringe of
President-elect Donald Trump’s media company is in advanced talks to buy the crypto trading platform Bakkt in an all-stock deal, according to the Financial Times. A takeover would represent the Trump Media and Technology Group’s (TMTG) first venture to branch out from Truth Social, the upstart social media platform. Shares of both TMTG and Bakkt
Trump Media is near an all-stock deal to buy crypto platform Bakkt, report says Read More »
Even before President-elect Donald Trump and his tariff-heavy agenda won the White House, top companies were already planning to shift production out of China at a faster pace, according to a new study. Based on a survey of 166 CEOs and COOs, Bain and Company found that the share of companies moving operations out of
The corporate exodus from China is gaining momentum, study says Read More »
