Billionaire hedge fund manager Bill Ackman says he will move management company out of Delaware

Bill Ackman, the billionaire hedge fund manager and CEO of Pershing Square Capital Management. Bill Ackman, the billionaire CEO of Pershing Square Capital Management, says he will move his management company out of Delaware to reincorporate in Nevada. His announcement, which came in a post on X on Saturday morning, was in response to news…

Continue Reading

One of the solutions to NYC’s housing shortage is already running into regulatory hurdles

New York City recently legalized accessory dwelling units in certain low-density neighborhoods across the five boroughs. One of the solutions to New York City’s housing shortage — adding extra units in attics, basements, and backyards — is already running into a slew of regulatory hurdles. Under the city’s zoning reforms, certain one- and two-family building…

Continue Reading

4 things wealthy homebuyers want

Luxury buyers in some states, including Hawaii, are gravitating toward homes with solar panels and green roofs, according to Sotheby’s International Realty. Millionaires are like the rest of us — for the most part. Global real estate brokerage Sotheby’s International Realty found that luxury homebuyers want to live where their money stretches further, and they’re…

Continue Reading

I let my 10-year-old twins roam free with no supervision on vacation. The week had a huge effect on them.

The author’s 10-year-old twins enjoyed complete freedom at the resort.  These days, many parents favor a hands-on, highly supervised, and tightly scheduled parenting style. However, unlike some of my peers, I’m not much of a helicopter parent. My twins, now 10 years old, have been lucky to grow up in our flat, friendly area of…

Continue Reading

AI startups in the US see opportunity in DeepSeek’s success

DeepSeek’s impact on the AI industry will likely extend far beyond this week, AI executives say. In the tech industry, the tides can turn quickly, especially when it comes to AI. Last week, OpenAI was the industry leader, developing what many saw as the most advanced AI models on the market, which led to a…

Continue Reading

I’m a pilot who’s flown into DC’s Reagan Airport for decades. Taking off and landing there can be extremely tough — here’s what I think went wrong.

Retired Delta pilot Mark Stephens flew for the airline for about 30 years, ending his career as an Airbus A350 captain. This as-told-to essay is based on a conversation with Mark Stephens, a 68-year-old retired Delta Air Lines pilot who completed his career as an Airbus A350 captain in November 2021. It has been edited…

Continue Reading

Elon Musk’s X is suing more advertisers over ad ‘boycott’

Elon Musk’s X is suing more big advertisers as part of a lawsuit that alleges they collectively conspired to boycott advertising on the platform following his takeover of the company. In an amended complaint filed in a Texas court on Saturday, X added Nestlé, Abbott Laboratories, Colgate, Lego, Pinterest, Tyson Foods, and Shell as defendants…

Continue Reading

Stay Always In Touch!
Subscribe To Our Newsletter.