Investing

Airbnb cofounders Nathan Blecharczyk, Brian Chesky and Joe Gebbia are now $12 billion poorer than they were two years ago.

Bankman-Fried’s lawyers are arguing that FTX’s collapse was the result of a “crypto winter” and the federal government has turned “civil and regulatory issues into federal crimes.”

Treasurer Jim Chalmers is expected to announce its Budget for the 2023-24 financial year on Tuesday May 9. Here’s what we know so far.

Vanessa Hudson, who will replace Alan Joyce as Group CEO of Qantas in November 2023, will receive a fixed annual salary of $1.6 million per annum, the airline has revealed.

The discontinuation of Yeezy sales caused a $441 million revenue drop in the first quarter.

Apple, which accounts for 7% of the S&P 500’s breadth, made $24.2 billion in profit during the first three months of 2023.

Hourly workers at Jenny Craig could have already worked their last shift, according to an internal message to employees.

Amid reports of Vice Media preparing to file for bankruptcy, here’s a look at some of the momentous—and inglorious—milestones the maverick digital company has reached since it launched in 1994 as a street culture magazine in Montreal before exploding into a digital titan.

Joyce, who was appointed CEO in 2008, will be succeeded by the Group’s current chief financial officer, Vanessa Hudson.

Jamie Dimon, the CEO of the country’s largest bank, asserted last month it was “absurd” to suggest titans like JPMorgan would benefit from the collapse of several regional banks.