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WWE founder Vince McMahon resigns from TKO Group after being accused of sexual assault and trafficking in new lawsuit

Vince McMahon, executive chairman of the board of TKO Group Holdings and founder of wrestling giant WWE, has resigned his positions…
Finance

LVMH shares jump over 12% as earnings point to luxury sector resilience

LVMH shares jumped more than 12% on Friday morning, after the world’s largest luxury group posted higher-than-expected sales for 2023…
Politics

Levi Strauss plans to cut at least 10% of its global corporate workforce in restructuring

Levi Strauss will lay off at least 10% of its global corporate workforce as part of a restructuring, the apparel…
Politics

Appeals court upholds ‘pharma bro’ Martin Shkreli lifetime ban from drug industry

A federal appeals court Tuesday upheld a lifetime ban on “pharma bro” Martin Shkreli from working in the pharmaceuticals industry…
Politics

Netflix to stream WWE’s Raw starting next year in its biggest jump into live entertainment

Netflix and TKO Group Holdings said Tuesday that the streaming platform will air WWE’s flagship program “Raw” starting next year,…
Politics

‘That’s Bidenomics at work’: White House eager to take credit for retail sales bounce

The White House eagerly took credit Wednesday for December’s strong retail sales numbers, which beat expectations due to higher consumer…
Finance

AI era is a ‘seismic moment’ in tech we’ve not seen in a decade, top Meta exec says

The new artificial intelligence era represents a huge moment for the tech industry that has not been seen in a…
Politics

Haslam family sells Berkshire Hathaway remaining 20% share of Pilot Travel Centers

The Haslam family has sold its remaining 20% ownership interest in truck-stop giant Pilot Travel Centers to Berkshire Hathaway, both…
Finance

Morgan Stanley revenue tops estimates, but CEO warns of geopolitical, economic risks ahead

Morgan Stanley on Tuesday reported fourth-quarter revenue that surpassed expectations, boosted by the strength in investment banking. Here’s how the…
Politics

Trump ordered to pay New York Times, three reporters nearly $400,000 in legal costs over dismissed lawsuit

A New York judge on Friday ordered Donald Trump to pay The New York Times and three of its reporters…