Stock of the day: GameStop jumps 10% on report it could start investing in crypto
The move: GameStop stock jumped as much as 10% Friday morning to $28.97. The stock is down 8% year-to-date and is 76% below its record high reached during the meme-stock craze of 2021. The chart: Why: The video game retailer’s stock jumped after CNBC reported that it is considering investing in bitcoin and other cryptocurrencies…
India’s prime minister has adopted a familiar slogan: ‘Make India Great Again’
India’s Prime Minister Narendra Modi and President Donald Trump. Indian Prime Minister Narendra Modi has a new and rather familiar name for his vision for the country: “MIGA.” In a press briefing with President Donald Trump on Thursday, Modi tweaked his US counterpart’s famed slogan, saying he wanted to “Make India Great Again.” “When America…
‘The damage is already done’: Why Ken Griffin thinks Trump’s tariffs are chipping away at American exceptionalism
Ken Griffin, Founder and CEO, Citadel, speaks during the Milken Institute’s 22nd annual Global Conference in Beverly Hills, California, U.S., April 30, 2019. As new tariff headlines surface daily, investors are scrambling to figure out whether President Donald Trump is implementing serious policy changes, using tariffs as a negotiating tool, or some combination of the…
A PE firm explains why it made its first sports investment and bet on women’s volleyball
Atwater founder Vania Schlogel led the private-equity firm’s first investment in women’s sports. Private-equity firm Atwater Capital thinks women’s sports are massively undervalued. The Los Angeles-based firm made its first investment in sports last year through League One Volleyball, or LOVB, for short. The company’s professional women’s league started play in January. Atwater, which invests…
I grew my salary from $40,000 to $225,000 in 6 years by job-hopping. This was my strategy.
Janelle Romero. This as-told-to essay is based on a conversation with Janelle Romero, a 30-year-old labor and employment law attorney in New York City. It’s been edited for length and clarity. As an employment attorney, I advise people to leave their jobs to make more money. Job-hopping also helped me triple my own salary from…
Ukraine’s drone makers are turning up production for a weapon they once thought would never work
A fiber-optic drone in the Kyiv region in January. Ukraine’s expanding defense industry is now ramping up production of new fiber-optic drones that can be converted into unjammable flying bombs. They can evade electronic shields and deliver precision strikes. These drones have emerged as a solution to electronic warfare, which Ukraine and Russia use to…
Airfares may rise if we have to pay passengers for flight delays, airlines tell Trump
Delta and American are among the 10 carriers represented by Airlines for America. A trade group for major airlines called on the Trump administration to end a review into cash compensation for delayed passengers. Airlines for America (A4A), which represents 10 carriers including Delta, American, and United, wrote to the Department of Transportation on Monday.…
Stephanie Hsu bagged an Oscar nomination for the absurdist movie ‘Everything Everywhere All At Once.’ Now, she’s ready for her rom-com era.
Stephanie Hsu told B-17 she wants to star in an “intimate” film. Stephanie Hsu is ready for her rom-com era. When Hsu first played a romantic lead on a major stage in 2019, she was filled with self-doubt. She was the love interest in “Be More Chill,” which had just moved from regional theater to…
I started an exclusive network for millionaires where membership costs $33,000 a year. Here’s what it’s like inside our meetings.
Michael W. Sonnenfeldt described himself as “member No. 1” of TIGER 21. This as-told-to essay is based on a transcribed conversation with 69-year-old Michael W. Sonnenfeldt, the founder of TIGER 21, a membership organization for high-net-worth individuals. The following has been edited for length and clarity. I’d sort of made it in life by the…
