Before he co-founded Twitter and became a billionaire, Jack Dorsey thought about quitting the tech industry altogether for an entirely different line of work: fashion designer. Today, 44-year-old Dorsey is the CEO of both Twitter and mobile payment company Square and has an estimated personal net worth of $12.9 billion, according to Forbes. But, before
Wealth
The student debt crisis has hit a new milestone — soaring to $1.7 trillion in outstanding loans at the end of last year. As more than 44 million Americans grapple with this burden, the disparity in the amount of that debt held by Black and White borrowers is also growing. Studies show that young Black
Though billionaire investor Mark Cuban has warned people to be cautious with cryptocurrency, he recently said digital assets — from digital goods to cryptocurrencies like bitcoin — will be the future of business. And Cuban has invested in cryptocurrency himself, both in business and personally. In fact, Cuban has an extensive cryptocurrency wallet, which he shared on
Executives, directors and members of the Koss family sold more than $44 million in stock in Koss Corp. over the past week as shares soared from the retail-investor buying frenzy. Members of the Koss family, who own about 75% of the Milwaukee-based maker of headphones, sold $31 million of stock, according to filings with the
When Mark Cuban first started trading stocks, he learned some “expensive lessons.” That’s why he says it’s important assess your personal financial situation before trading or investing in the market, he said. “If you are buying [a stock] because you need the price to go up and solve a financial hole you are in, that
A pedestrian and cyclist wear facemasks outside a branch of department store chain Nordstrom in Santa Monica, California on May 11, 2020. Frederic J. Brown | AFP | Getty Images Nordstrom said Thursday it expects revenue to rise more than 25% in fiscal 2021 from the prior year, with roughly half of its sales coming
Khailee Ng has a keen nose for spotting promising start-ups. As a managing partner for venture capital firm 500 Startups, he is tasked with identifying and helping cultivate some of the businesses of the future. And he has advice for would-be founders hoping to build the next big thing: Look beyond the top segment of
Jeff Bezos announced on Tuesday that he will step down as Amazon CEO later this year and transition to executive chair of the company’s board – his successor will be Andy Jassy, who has built Amazon Web Services, or AWS, into a multibillion-dollar business. Although he has not had the spotlight like Bezos, Jassy has
The chefs of Melbourne are a proud bunch — and they create dishes that travelers won’t find anywhere else in the world. They understand food, make the most of the seasonal produce and like to create an experience as much as fine flavors. From breakfast through closing time, here are five dishes that define the
Rachmat Kaimuddin was not even 100 days into his new role as CEO of Indonesian e-commerce marketplace Bukalapak when the pandemic hit. It marked a crossroad for one of the country’s leading start-ups, which had to act fast to support millions of family-owned street stalls for whom it provides digital services. But it was a