The Trump administration is preparing to investigate Switzerland under Section 301 — the same trade enforcement tool used …
In the first eight years of the Seattle Storm’s existence, the WNBA team was the “tail” on the “dog” of its NBA counterpart, the SuperSonics, according to Storm co-owner Ginny Gilder. Both bought in …
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Business
This billionaire is capping his kids’ inheritance at 8 figures—like Bill Gates, he thinks generational wealth is bad for society
Dylan Taylor made his first million at 27. Last year, he became a billionaire at 53, after taking …
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Business
Headcount at the world’s largest real estate brokerage is shrinking, and two lawsuits claiming sexual assaults inside the company may offer clues as to why
eXp Realty founder Glenn Sanford built the largest independent real estate brokerage in the world, with about 83,000 …
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Business
‘It’s a cage match’: Beleaguered iRobot founder says the biggest reason why the Roomba-maker failed was because of growing Chinese competition
After Roomba-maker iRobot filed for Chapter 11 bankruptcy last week, cofounder and former CEO Colin Angle did not …
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Business
AI isn’t paying off in the way companies think. Layoffs driven by automation are failing to generate returns, study finds
The ongoing dialogue regarding the ever-imminent displacement of white-collar workers by AI is predicated on the assumption that the …
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Business
Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year
For roughly 76 million American households, federal income taxes could eventually disappear—if a proposal by billionaire Amazon founder …
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Business
The pig in the python: Baby boomers are strangling the economy they built by refusing to move or retire
In 1974, New York Times humorist Russell Baker identified a “pig in the python” working its way through …
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Business
After receiving backlash, the CEO of Standard Chartered apologizes for hurt over saying ‘lower value human capital’ will be automated by AI
The baby boomer bank leader took to LinkedIn to admit that his words had unnerved some of his …
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Business
Graham Platner runs controversial ad during Red Sox game vowing to ‘reverse the private equity curse’
Graham Platner, Maine’s presumptive Democratic Senate nominee, began Memorial Day weekend by releasing an ad on the cable …
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The 79-year-old president spent more than three hours at Walter Reed National Military Medical Center for what the …
