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Elon Musk becomes first person ever to reach $500 billion net worth: report

Niles Investment Management founder Dan Niles discusses Tesla’s potential $1 trillion compensation plan for Elon Musk on ‘The Claman Countdown.’ Elon Musk on Wednesday reportedly became the first person in history with a net worth of $500 billion. The Tesla and SpaceX CEO’s fortune crossed the half-trillion mark around 3:30 p.m. ET, putting him about […]

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Amazon launches new grocery brand merging Fresh and Happy Belly products

Federal Trade Commission Chairman Andrew Ferguson explains Amazon’s billion-dollar settlement with the Federal Trade Commission on ‘Making Money.’ Amazon announced Wednesday the launch of Amazon Grocery, a new private-label brand that merges popular items from Amazon Fresh and Happy Belly into one “grocery essentials” collection. The retail giant’s new brand features more than 1,000 grocery […]

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State Street Investment Management becomes WNBA’s official investment partner

Zaza Pachulia recalls first impression of Shoot 360’s tech State Street Investment Management and the Women’s National Basketball Association (WNBA) recently announced they entered a multi-year partnership, naming the Boston-based firm as the league’s official investment management partner. Under the partnership, State Street Investment Management took on the role of title sponsor of the WNBA […]

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What is the cost of building the Obama Presidential Center in Chicago?

Sen. James Lankford, R-Okla., outlines what’s ahead for delivering President Donald Trump’s ‘big, beautiful bill’ and dispels myths about Medicaid cuts on ‘The Bottom Line.’ The estimated price tag for building former President Barack Obama’s presidential center in Chicago has reportedly soared to $850 million — nearly triple the original $300 million estimate first proposed […]

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Luxury retailer Harrods confirms customer information stolen in data breach

ReverseLogix.com CEO Gaurav Saran on how return fraud continues to hinder operations at retailers. Harrods Ltd., a luxury department store in London, confirmed some customer information was stolen in a data breach, as part of a wider wave of cyberattacks on U.K. businesses this year. The stolen data — which included names and contact information […]

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Costco’s new morning hours for executive members drive sales growth

‘The Big Money Show’ explores companies turning against DEI policies while Costco bucks the trend. Costco Wholesale announced its fourth quarter and fiscal year 2025 earnings results Thursday, touting its new global locations, digital upgrades and the impact of its expanded hours for executive members. The retailer launched exclusive morning hours for executive members in […]