Meta braces for federal child privacy trial in California

In today’s CEO Daily: KB Home CEO Rob McGibney on the art of personalization. The big leadership story: The ‘Jamie...

California’s billionaires just poured $40 million into blocking a wealth tax that threatens to force them to pay 5% of their net worth

California’s billionaires are going on the defensive, putting millions of dollars behind an effort to defeat a one-time billionaire tax...

Alibaba’s $2 billion gaming exit signals where Beijing wants its money

Alibaba is getting rid of its video game development arm for more than $2 billion, removing the Chinese tech giant...

AWS’s Asia chief is relocating to Japan as the country scrambles to modernize its legacy IT systems

Amazon Web Services’ top Asia executive is moving to Tokyo, as the global cloud computing provider bets that Japan’s potential...

A dropout living in a trailer, he got $1 million from Peter Thiel at 19—now he’s a billionaire who says the American Dream isn’t dead

The billionaire Oculus and Anduril founder Palmer Luckey says he’s living proof the American Dream is alive and well. He...

Married 69 years, this philanthropic couple died 8 days apart—after giving away more than $20 million from a hotel-and-property fortune

Two of Queensland, Australia’s most prominent philanthropists died within just days of each other. Roy Thompson, who built his fortune...

The global ‘freedom of the seas’ is dying in the Strait of Hormuz—and everyone, everywhere, could pay the tolls

Concerns are growing that the de-facto tolling of the Strait of Hormuz could trigger a domino effect for key shipping...

Ousted L3Harris CEO Chris Kubasik forfeits $45 million—but he’ll still walk away with $80 million in stock and options

Defense giant L3Harris forced out chairman and chief executive Chris Kubasik, 65, over the weekend after a board investigation revealed...

New Mexico’s attorney general reportedly pushes new social media safety laws a day before 29 AGs testify against Meta in federal trial

New Mexico Attorney General Raúl Torrez is reportedly working with state lawmakers to draft two new bills strengthening consumer protections...

Check your fridge: Nearly 19 million eggs are under the FDA’s most serious recall classification

Egg prices have finally stopped punishing American shoppers. A dozen averaged $2.19 in July, down nearly 26% from a year...

57 Trump officials are worth $100 million or more—quadruple the combined total of the last three presidents

Wealth, perhaps second only to loyalty, has been a prized attribute for Donald Trump during his second presidency. The number...

‘Only idiot startup founders stay in Cali’: Mark Cuban rips billionaire tax—and opens a rift inside the Democratic Party

Billionaire entrepreneur Mark Cuban didn’t hold back in a public squabble with Rep. Ro Khanna about the proposed wealth taxes...

Burger King is closing the gap in the burger wars with a simple formula: Better food and a star executive who takes customers’ calls himself

The burger wars has a new contender for the throne: Burger King. The fast-food giant has reclaimed its place as...

Andreessen Horowitz focus of DOJ probe over board directors