Donald Trump Inauguration 2025: CEOs expected to attend
Eight years ago, Trump’s family and elected officials stood behind him as he took the oath of office. This time he will be surrounded by fellow billionaires. Read more Source link
Category: Business News
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Meet the 34-year-old engineer who quit his day job to turn a cave into a vacation rental—he’s now booked a year in advance, making over $700,000 a year
“I don’t think I ever want a 9-to-5 again,” says Gingerich, who brings home over $350,000 a year with Dunlap Hollow. Read more Source link
Citigroup faces €59 million lawsuit over abandoned asset IPO
Unlock Editor’s Digest for free Roula Khalaf, editor of the FT, picks her favorite stories in this weekly newsletter. Citigroup is facing a €59 million lawsuit brought by a UK-based investment firm, which claims the Wall Street bank gave “misleading” and “inaccurate” advice when it worked for it on a possible public listing. Alcimos, which…
Spending on severance pay at Britain’s top universities is soaring
Unlock Editor’s Digest for free Roula Khalaf, editor of the FT, picks her favorite stories in this weekly newsletter. More than a third of Britain’s elite universities were forced to cut further staff last year, while severance costs at the Russell Group rose by more than a fifth, according to analysis by the Financial Times….
A ceasefire deal between Israel and Hamas is set to begin
Unlock Editor’s Digest for free Roula Khalaf, editor of the FT, picks her favorite stories in this weekly newsletter. AND truce between Israel and Hamas was set to begin on Sunday morning, ending 15 months of brutal war in Gaza and paving the way for liberation hostages still held by a Palestinian militant group in…
Supporters of Yoon storm a courthouse in Seoul after the judge extended the detention
Unlock Editor’s Digest for free Roula Khalaf, editor of the FT, picks her favorite stories in this weekly newsletter. Supporters of the suspended South Korean president stormed a courthouse in Seoul early Sunday morning after a judge extended Yoon Suk Yeol’s detention on charges of sedition and abuse of power. More than 40,000 people gathered…
US TikTok users are being notified that the app is down due to the ban
“We are working to restore our service in the US as soon as possible and appreciate your support. Please stay with us.” Read more Source link
TikTok tells US users it’s ‘temporarily’ shutting down
Stay informed with free updates Simply log in to Technology sector myFT summary — delivered straight to your inbox. TikTok told its 170 million US users on Saturday that it would no longer be available “temporarily” after a deadline for its Chinese parent company Bytedance to either sell its stake in the app or face…
Bank of America employees will distribute approximately $1 billion in stock awards
The incentive, which comes on top of regular compensation, will go to workers who earn as much as $500,000 in total annual pay. Read more Source link
The California-based insurer of last resort has potential exposure to the LA wildfires of nearly $5 billion and reinsurance of $5.78 billion
“The FAIR Plan, a non-profit catastrophe insurance company, has payment mechanisms in place to ensure payment of all covered claims.” Read more Source link