The Messenger is counting on a sudden and dramatic advertising turnaround to survive
The Messenger, the struggling news media startup co-founded by publishing veteran Jimmy Finkelstein, is urging potential investors to make a…
National Association of Realtors president says she is resigning after blackmail threat
The president of the National Association of Realtors on Monday said she was resigning due to a blackmail threat that…
Berkshire Hathaway settles suit with Haslam family over truck-stop company
Berkshire Hathaway settled a billion-dollar lawsuit with the Haslam family over how Berkshire accounted for the value of Pilot Travel…
The 2023 U.S. economy, in a dozen charts
The state of the U.S. economy may be a chief concern among Americans, but 2023 wound up as a pretty…
Microsoft, OpenAI sued for copyright infringement by nonfiction book authors in class action claim
Two nonfiction book authors sued Microsoft and OpenAI in a would-be class action complaint alleging that the defendants “simply stole”…
Jobless rate for Black Americans declines to 5.2% to end 2023 on a positive note
The unemployment rate for Black Americans fell significantly in December, closing out 2023 on a positive note, according to data…
Second set of Jeffrey Epstein court filings unsealed in New York
A second batch of court filings related to sex predator Jeffrey Epstein were unsealed in New York on Thursday. The…
Cliff Asness’ AQR Absolute Return fund gains 18.5% in 2023, boosted by value picks
Cliff Asness’ longest running multistrategy fund at AQR Capital Management returned 18.5% last year, net of fees, according to a person…
Ken Griffin’s hedge fund Citadel posts double-digit returns in 2023, but lags the S&P 500
Billionaire investor Ken Griffin’s various hedge fund strategies at Citadel all posted double-digit returns for 2023, but they failed to beat…
From FedEx to airlines, companies are starting to lose their pricing power
After years of unbridled consumer spending on everything from home improvement to dream vacations, some companies are now finding the…
