Park City’s wealthiest guests are furious after $20,000 ski trips became a disaster, and now investors are bailing
Ski patrollers went on strike during the busiest time of year as they negotiated for better wages and benefits. Read More]
Business News
Judge rejects Trump’s immunity argument and sets sentencing in hush money case for Jan. 10—but signals no jail time
Merchan ruled that Trump’s current status as president-elect does not afford him the same kind of immunity granted to a sitting president. Read More]
Mike Johnson narrowly wins reelection as House speaker after warning of ‘constitutional crisis’
Johnson was able to flip two remaining holdouts who switched to support him, drawing applause from Republicans. The tally was 218-215. Read More]
Malaysia wants Big Tech to get licensed as Asia-Pacific cracks down on social media platforms
From Jan. 1, social media platforms with more than 8 million users in Malaysia need to have a license to operate or risk getting blocked. Read More]
Carvana father-son duo lose hundreds of millions of dollars in net worth after short-seller report
A prominent short-seller accused the used-car dealer of wrongdoing, sending its shares down. Read More]
Meta’s powerful policy boss Nick Clegg is out as Zuckerberg prepares for Trump 2.0
The former U.K. deputy prime minister, who joined Meta in 2018, will be replaced by longtime Republican operative Joel Kaplan, whom he described as “the right person for the right… Read More »Meta’s powerful policy boss Nick Clegg is out as Zuckerberg prepares for Trump 2.0
Loom’s founder reveals painful insecurities after selling a startup for $1 billion: ‘I am rich and I have no idea what to do with my life’
The former chief technology officer tried a four-week stint with Elon Musk at DOGE, but ultimately bought a one-way ticket to Hawaii to study physics. Read More]
Steelworkers president praises Biden for blocking $15 billion proposal to surrender U.S. Steel to a Japanese company: ‘Nippon has proven itself to be a serial trade cheater’
“Allowing it to purchase U.S. Steel would have offered it the opportunity to further destabilize our trade system from within,” said David McCall. Read More]
Surgeon General wants cancer warning labels on alcohol
© 2024 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy… Read More »Surgeon General wants cancer warning labels on alcohol
Recession bites as German jobs market faces slowdown ahead of early general election
Germany’s labour market remains stable despite economic challenges, as voters prepare for February’s early general election. Read More]