CEO of $8 billion Flexport blasts remote work as ‘white-collar fraud’ and a ‘total fantasy’ for highly paid employees
“The idea that I could do any work at my house is like a total fantasy,” said CEO Ryan Petersen.
Alphabet’s Dow Debut Shows Index Headache in Tech-Driven Economy
Alphabet Inc.’s addition to the Dow Jones Industrial Average marks another step in the benchmark’s effort to catch up with…
Fed Says Basis Trade Key Driver of Hedge Fund Treasury Exposure
Hedge funds’ growing exposure to Treasuries is primarily due to the revival of the cash-futures basis trade, according to the…
SPAC Deals Seen as Key Path to Public Market in Data Center Boom
The rebound in blank-check companies is proving to be a useful route to public markets for companies involved in the…
Mamdani Is In ‘Control’ Of The Democratic Party Says Rep. Lawler
Three candidates endorsed by Zohran Mamdani swept to victory in Democratic congressional primaries on Tuesday, showing that the coalition which…
Trump’s international student crackdown kicked off a domino effect that could shave nearly $500 billion off the economy
Half of America’s STEM workers with PhDs are foreign-born, a talent pipeline that is quickly drying up.
Ex-Tricolor COO to Plead Guilty in Case Tied to Firm’s Collapse
Former Tricolor Holdings Chief Operating Officer David Goodgame told a judge that he will plead guilty to multiple criminal counts…
Bitcoin Breaks $60,000 Again as Crypto’s Biggest Buyers Wobble
Bitcoin’s slide back below $60,000 is reviving a fear that has largely been absent from crypto for the past two…
ECB’s Zigman Says Price Stability Is Key, Cheaper Oil Will Help
The top priority for the European Central Bank is keeping inflation in check, a task that’s becoming a little easier…
SpaceX Holder Andreessen Says Starship Opens Path to AI in Space
Andreessen Horowitz LLC General Partner David George, an investor in SpaceX, said the “rapid reusability” of the new Starship rocket…
Hormuz Reopening Is Quickly Flooding Oil Markets With Supply
Key parts of the oil market are suddenly awash in supply, as a stream of cargoes out of the Strait…
Subzero Natural Gas Prices Show Need for Energy Permit Reform, Shale CEO Says
A record string of negative natural gas prices in the biggest US shale field shows that the US needs to…