Wealth

In this article UP Follow your favorite stocksCREATE FREE ACCOUNT Kenny Dichter, founder and chief executive officer of Wheels Up Chris Goodney | Bloomberg | Getty Images Private jet company Wheels Up announced Tuesday that its founder and CEO, Kenny Dichter, is stepping down from his post immediately as the company faces mounting losses and

Activist investor Nelson Peltz has no intention of pursuing a shakeup at Club holding Estee Lauder (EL), in part because the prestige beauty firm’s dual-class share structure gives the Lauder family outsized control over the direction of the company, Jim Cramer said Monday . Jim’s comments came in response to a New York Post story

In this article GS GSBD Follow your favorite stocksCREATE FREE ACCOUNT A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., May 4, 2023.  Brendan Mcdermid | Reuters At a time when many investors are pulling back, family offices are moving into “risk on” mode, with plans

The World Travel & Tourism Council says the global travel and tourism sector won’t fully recover this year — but it will get close. The sector is forecast to reach $9.5 trillion in 2023, just 5% shy of the its gross domestic product contribution in 2019, according to the WTTC’s 2023 Economic Impact Research. After

Mark Cuban always tries to push himself out of his comfort zone, so it’s no surprise that he does the same for others. Cynt Marshall, CEO of the Dallas Mavericks, experienced it firsthand when Cuban cold-called her with a job offer in 2018, she recently told LinkedIn’s The Path newsletter. Marshall, 63, had left her

Before Chi Baik moved into her 240-square-foot studio in Seattle last year, she tells CNBC Make It she “didn’t even know they made apartments this tiny.” The open layout of the 26-year-old’s “micro” studio is enough to fit her queen-size bed and a dresser, with space under the bed for storage and a bed for

Oprah Winfrey has a highly decorated media career, winning 20 Emmy awards, a Tony award and a Peabody award, amongst many others. These feats may not have happened, however, if it wasn’t for a reality check from a college professor. Winfrey, 69, started her sophomore year with a career in education in mind, she told

Estimates put the cost of King Charles coronation at between £50 million and £100 million ($63-125 million). Future Publishing | Getty Images LONDON — The eyes of the world will be on the U.K. this weekend as King Charles III is crowned at Westminster Abbey in a quintessentially British display of pomp and pageantry. The

In this article RACE-IT RACE Follow your favorite stocksCREATE FREE ACCOUNT Ferrari Roma Source: Ferrari Ferrari said on Thursday that its first-quarter profit jumped 24% to 297 million euros ($328.8 million), on a 10% increase in shipments as huge demand for its latest models drove a surge in profitability.   “Our order book already extends

In this article TSLA AMZN Follow your favorite stocksCREATE FREE ACCOUNT Richard Branson on board Virgin Galactic’s VSS Unity in July 2021. The billionaire believes the environmental costs of space travel are set to “come down even further.” Virgin Galactic | via Reuters British billionaire Richard Branson believes space travel can be beneficial for the

Many folks once scoffed at the idea that people would rent their homes to strangers — including Airbnb co-founder and CEO Brian Chesky’s own mother. That’s according to Chesky, who told the story at a recent Stanford Graduate School of Business event. As he recounted, he was a 20-something industrial designer, struggling to pay rent.

A pedestrian wearing a face masks crosses an empty street amid the coronavirus outbreak in San Francisco, California. Liu Guanguan | China News Service via Getty Images New York and California lost over $90 billion in income during Covid as taxpayers moved to other states, accelerating the trend of high-earners relocating to lower-tax areas. New