Christy Goldsmith Romero, a lawyer who spent more than a decade rooting out fraud and other misconduct at banks that received federal bailouts in the run-up to the 2008 financial crisis, has been tapped to be the next head of the Federal Reserve Bank of America. Deposits, the White House announced on Thursday. Her selection … Read more
Tesla shareholders are suing CEO Elon Musk and members of the automaker’s board of directors over Musk’s decision to start xAI, which they say is a competing AI company, and then divert talent and resources from Tesla in the new startup. The lawsuit is one of the most direct challenges to Musk’s decision to start … Read more
A legal threat from investor Mario Gabelli was a “major factor” in this week’s unraveling of Shari Redstone’s $8 billion deal to merge Paramount Global with its “Mission: Impossible” production partner Skydance Media, The Post. When Redstone made a surprise move to pull the plug on the deal this week — just before a special … Read more
Although Nvidia has put on a masterclass for Wall Street, the story has a long and perfect track record when it comes to other big innovations. Three decades ago, the arc of growth for the US and the global economy was forever changed by the advent of the Internet. Although there have been many other … Read more
CABIA President Tom Manzo joined Fox & Friends to discuss how the minimum wage increase has affected the fast food industry as thousands are forced out of a job. California’s new $20 minimum wage for fast food workers has already caused restaurant prices to rise and foot traffic to drop since it went into effect … Read more
The world’s largest experiment in driverless cars is underway on the busy streets of Wuhan, a city in central China with 11 million people, 4.5 million cars, eight-lane expressways and high bridges over the muddy waters of the Yangtze River. A fleet of 500 computer-navigated taxis, often without safety drivers in them for backup, buzz … Read more
After more than six months of grueling negotiations, David Ellison thought he was on the verge of landing the deal of a lifetime: taking over Paramount, Hollywood’s century-old studio. Ellison took the floor Tuesday morning in Los Angeles from an adviser to Shari Redstone, the heiress who controls the media group behind the classics, including … Read more
Artificial intelligence delivered advances in the US space program and in medicine decades before it made headlines. Now, AI is poised to bring major improvements to American education, tech entrepreneur Alex Galvagni said in an exclusive interview in New York City with Fox News Digital. Galvagni is the CEO of Age of Learning, the California-based … Read more
On Thursday, Tesla ( TSLA ) shareholders will find out whether Elon Musk’s record $56 billion pay package will be reinstated after a Delaware judge struck down an earlier one. “I am voting yes without enthusiasm; I’m voting yes out of principle,” early investor Ibrahim AlHusseini told Yahoo Finance. Personal feelings aside, he said Tesla … Read more
As of Wednesday, X users are no longer able to see which posts others have liked, with a few exceptions. Kirill Kudryavtsev/AFP via Getty Images hide title change the subtitles Kirill Kudryavtsev/AFP via Getty Images X, the app formerly known as Twitter, is implementing another controversial change. Starting this week, users won’t be able to … Read more