Investing

L’Oreal heiress Francoise Bettencourt Meyers’ net worth fell as L’Oreal stock tanked 8%, its worst single-day slide since the peak of the Great Recession.

While many of us were stockpiling toilet paper in 2020, Jaimee Lupton was busy developing a product to disrupt the shelves of Coles and Woolworths. What she launched would go on to be coined liquid gold – and is on track to bring in $300 million in retail sales this year.

Forbes introduces the first ever ranking of decabillionaire families, who are worth $10 billion or more. Some famous families make the cut; others like the Kennedys and Gettys fall short.

Disney’s latest earnings report left Wall Street “incredibly encouraged” after the entertainment king projected its best annual profit since 2018.

The tech giant also announced a slew of Gemini services, including Gemini Advanced, the company’s most powerful AI product, available via its Google One subscription bundle.

For thousands of years, customers have traditionally been individual humans, families or organisations. But what happens when your best customers aren’t human?

After remaining invite-only since its launch in 2023, Jack Dorsey’s social media platform, Bluesky, is open to the public.

Snap stock’s “violent” 35% crash Wednesday was the third-worst daily drop in Snap’s history.

The vast majority of U.S. billionaires are founders who started companies or heirs who mostly lucked into their fortunes. A tiny subset got hired into jobs that made them super rich.

Tesla has lost $210 billion of market value in 2024 while Eli Lilly gained $140 billion, as investors trade ditch their EV optimism for the GLP-1 craze.