Goldman Sachs Chief Executive David Solomon turned heads in Davos, Switzerland, on Tuesday by defending his bank’s handling of WeWork’s notoriously disastrous initial stock offering. “I’m not sure that we got it so wrong,” Solomon said of the most calamitous IPO process in recent memory. “There were things that...
The crotch shots that put Amazon CEO Jeff Bezos’ personal life smack dab in the middle of the public eye may have been stolen by Saudi crown prince Mohammed bin Salman, a bombshell report alleges. The Saudi royal “hacked” the world’s richest man’s phone by sending him a a...
Just days after President Trump slammed Apple for refusing to break into the iPhones used by a gunman who killed three people at a Florida naval base, a report has emerged claiming that the tech giant is much more deferential to the federal government than previously thought. Apple two...
Peloton isn’t the only company to ignite outrage over a “sexist” commercial recently. KFC Australia found itself in the social-justice skillet after critics read its latest ad as objectifying women. The 15-second commercial depicts a woman checking out her breasts and butt in the reflection of a car window as...
Uber drivers can now charge up to five times more for rides at three California airports in the company’s latest experiment with the Golden State’s new gig-worker law. The ride-hailing giant started a program Tuesday allowing drivers to effectively set their own prices above or below Uber’s at the...
A British bank bigwig caught having sex in an office bathroom while having numerous affairs with staffers was dubbed “Weinstein” by grossed-out colleagues, an employment tribunal was told. Married father-of-four Robert Clegg, 48, is accused of bragging about sleeping with underlings and openly getting handsy with others, telling one,...
Baby Yoda is due for an early arrival across the pond. Disney+ will launch in western Europe a week earlier than planned following the streaming service’s explosive North American debut, the Mouse House announced Tuesday. March 24 will be the first day viewers in the UK, Ireland, France, Germany, Italy,...
Tesla accused an investor betting that its stock will fall of ginning up concerns about a safety defect that could plague about half a million of the company’s electric cars. Elon Musk’s high-tech automaker denied that its vehicles suffer from an “unintended acceleration” defect at the heart of a...
The technology boom in New York City is alive and well. And it may soon get even better. And more tech jobs will keep coming here because West Coast companies are still quietly negotiating deals for office space in Manhattan. That’s according to Larry Silverstein, one of the city’s premier...
These are not your average hoarders. Purveyors of fine culinary goods are racing to stockpile European imports in anticipation of Trump administration tariffs that threaten to more than double the price of everything from French wines to Italian cheeses. “We need to make sure we can get through the summer,”...