Private jet demand is booming — to the extent that companies can’t produce them quickly enough and buyers are facing extended wait periods for deliveries. Even secondhand business jets are vanishing from the market. “If you look at today compared to 2019, the market has almost exploded,” John Schmidt, global aerospace and defense industry
Wealth
The newest trend in holiday gifts doesn’t take up space in carry-on luggage or add weight to checked bags. It doesn’t even need to be packed. Rather than giving holidaymakers new gear for travel — electronics organizers, Yeti thermoses, yet another airplane pillow — some are giving travel itself. A survey of more than
In the spring of 2020, Sam Gach was still adjusting to his growing fame on social media. Known primarily for his yoga videos, Gach had grown his online following to 250,000 on Instagram and 200,000 on TikTok, and had left his job as a social media manager at Kellogg’s just before the pandemic to become
In this article BRLT SIG 31-year-old Marc Hostovsky ended up purchasing his fiancee’s engagement ring online, after he was bombarded with targeted social media ads. Source: Marc Hostovsky Before he proposed to his now-fiancee last fall, Marc Hostovsky spent weeks scouring the internet for information around the “4 Cs” of diamonds — cut, clarity, color
House Democrats passed the $1.75 trillion Build Back Better Act on Friday, which includes a number of provisions for housing aid, including investments in public housing, rental assistance and down payment assistance. It now goes to the Senate, where it is likely to be revised again. In total, the legislation allocates about $170 billion to provisions
In 2015, Mark Cuban gave four entrepreneurs a valuable piece of advice for their start-up: “Don’t drown in opportunity.” They listened — at first. The four co-founders of Chicago-based Dude Wipes, a flushable toilet wipes company marketed towards men, met Cuban six years ago on Season 7 of ABC’s “Shark Tank.” After hearing their pitch,
Art handlers hang Claude Monet’s “Coin du bassin aux nymphas” at Sotheby’s on November 5, 2021 in New York City. Angela Weiss | AFP | Getty Images The fall art auctions in New York set an all-time record, as a surge in global wealth, growing inflation fears and the continued collectibles craze boosted demand and
Theranos founder and former CEO Elizabeth Holmes along with her mother Noel Holmes (L) and partner Billy Evans arrive for her trial at the Robert F. Peckham Federal Building November 23, 2021 in San Jose, California. Ethan Swope | Getty Images SAN JOSE, CALIF. — In a stunning admission, Elizabeth Holmes acknowledged that she was
Charlotte Hornets owner and Hall of Famer Michael Jordan reacts during the first half of their game against the New York Knicks at Spectrum Center on November 12, 2021 in Charlotte, North Carolina. Jared C. Tilton | Getty Images Michael Jordan has six NBA championship rings. He also likes watches. The five-time NBA most valuable
Bill Gates wants you to read more science fiction. On Monday, Gates released his annual holiday book recommendation list — along with a blog post explaining why two of his five selections are science-fiction books. As a child, he wrote, he was “obsessed” with science fiction. And though the famous reading enthusiast focused more on
Elizabeth Holmes, founder of Theranos Inc., arrives at federal court in San Jose, California, U.S., on Monday, Nov. 22, 2021. David Paul Morris | Bloomberg | Getty Images SAN JOSE, CALIF. — Elizabeth Holmes took mostly easy questions from her defense attorney on Monday, as the former Theranos founder was given the stage to tout
In 2016, my family and I packed our bags and moved from Chicago to Mazatlán, Mexico. After my mother passed away unexpectedly, my husband and I realized that life is too short to put off building the life we wanted. We had about $20,000 in our savings, which was more than enough to get by
Speaker of the House Nancy Pelosi, D-Calif., presides over the vote for the Build Back Better Act at the U.S. Capitol on Nov. 19, 2021. Anna Moneymaker | Getty Images News | Getty Images The House of Representatives passed legislation Friday that would curb how wealthy Americans use retirement plans. The new rules are part
In this article WBA Elizabeth Holmes, the founder and former CEO of blood testing and life sciences company Theranos, arrives for the first day of jury selection in her fraud trial, outside Federal Court in San Jose, California on August 31, 2021. Nick Otto | AFP | Getty Images SAN JOSE, CALIF. — The prosecution
When the U.S. announced plans to lift an 18-month-long travel ban in September, Europeans wasted no time making plans — particularly the Brits. In the 24 hours that followed the Sept. 20 announcement, flights from London to New York City were searched 1.4 million times, according to the global travel technology company Travelport, making it
Bill Gates can see how the Covid pandemic becomes manageable by next summer — and his roadmap is surprisingly simple. On Wednesday, the billionaire philanthropist and Microsoft co-founder listed the two key steps that he thinks will help conquer Covid, in an interview at the Bloomberg New Economy Forum. According to Gates, the path forward
Elizabeth Holmes, founder of Theranos Inc., left, arrives at federal court in San Jose, California, U.S., on Wednesday, Sept. 22, 2021. Davie Paul Morris | Bloomberg | Getty Images SAN JOSE, CALIF. – Erin Tompkins, who got her blood drawn from a Theranos device at a Walgreens in Arizona, said the test misdiagnosed her as
Elizabeth Holmes, founder of Theranos Inc., exits federal court in San Jose, California, on Tuesday, Aug. 31, 2021. David Paul Morris | Bloomberg | Getty Images SAN JOSE, CALIF. — A hedge fund manager who put $96 million into Theranos said he thoroughly investigated the company but was still misled by CEO Elizabeth Holmes about
In this article TSLA U.S. Senator Bernie Sanders (I-VT) greets reporters as he arrives for a vote at the U.S. Capitol in Washington, U.S. November 1, 2021. Jonathan Ernst | Reuters Tesla and SpaceX CEO Elon Musk sparred with Senator Bernie Sanders over tax policy this weekend on Twitter, and tried to provoke him again
In this article TSLA SpaceX founder and Tesla CEO Elon Musk looks on as he visits the construction site of Tesla’s gigafactory in Gruenheide, near Berlin, Germany, May 17, 2021. Michele Tantussi | Reuters Elon Musk’s sales of Tesla stock last week came as little surprise to those who have been following the story of
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