Wall Street’s bonus pool hit a record high last year as fatcat bankers raked in an eye-popping $244,700 windfall on average — an increase of 31% from 2024. Data released by New York State Comptroller Thomas P DiNapoli found that financiers saw the annual number swell to a whopping $47.5 billion in its first major … Read more
A lucky Berkshire Hathaway worker finally netted the $1 million grand prize that Warren Buffett has been dangling to win the company’s annual March Madness bracket challenge. The unidentified employee, who works at Berkshire subsidiary FlightSafety International, picked 31 out of 32 winners in the first round — including an incredible 29 straight games. There … Read more
The National Highway Traffic Safety Administration has launched a probe into nearly 1.3 million Ford pickup trucks over a faulty gear change that can lead to a potential wheel lock-up. On Friday, the safety agency opened an investigation into 2015-2017 Ford F-150 trucks after receiving more than 130 consumer complaints. The safety agency launched a … Read more
A recall was issued on Thursday for Woolite Delicates laundry detergent due to a risk of exposure to bacteria that can cause “serious infection.” The voluntary recall applies to more than 16,000 50-fluid-ounce bottles of Woolite Delicates detergent that were sold exclusively on Amazon in January, according to a notice from the US Consumer Product … Read more
Elon Musk has been there before with Tesla, which is why betting against him is like betting against Mike Tyson in his prime. But plenty of investors are, despite the dangers of counting out someone as battle-hardened in the trench warfare of exceeding Wall Street expectations. One reason to back Musk is that Wall Street … Read more
CNN commentator Scott Jennings accused Jimmy Kimmel of giving his left-leaning viewers “marching orders” to destroy property on Thursday after the ABC late night comedy host appeared to sarcastically urge his viewers not to vandalize Tesla vehicles. “The message from the American Left to conservatives is unmistakable: silence yourselves, or we will do it for … Read more
Tesla said on Thursday it is recalling 46,096 Cybertruck vehicles in the US over an exterior panel that can detach while driving, after more than six call-backs for the pickups last year. Tesla is recalling the vehicles over issues of the cant rail – a stainless-steel exterior trim panel – delaminating and detaching from the vehicle, it said. A Tesla Cybertruck sits outside a dealership in Corte Madera, Calif. on … Read more
Just two years after selling her public-relations firm Bevel for $75 million, founder Jessica Schaefer is back — bringing her branding skills to a completely new business: a wellness company for women with a focus on fertility. Lushi connect users with concierge doctors and nurses to help with egg freezing and IVF. “No one’s done … Read more
President John F. Kennedy’s grandson Jack Schlossberg tore into CNN for covering the trove of 80,000 documents surrounding the 35th commander in chief’s 1963 assassination that were released by the Trump administration Tuesday. A breathless and sweaty Schlossberg, 32, was seen freaking out over CNN’s reporting, which was playing on a TV behind him, in … Read more
Wall Street heavyweight Morgan Stanley is planning to lay off about 2,000 employees later this month, a person familiar with the matter said Tuesday. The reduction of 2% to 3% of the company’s workforce, excluding financial advisers, was aimed at improving operational efficiency, the person said, requesting anonymity. Morgan Stanley had more than 80,000 employees worldwide at the end of 2024. … Read more