Finance

Nvidia hits $3 trillion, making CEO Jensen Huang richer than Michael Dell

Nvidia Corp.’s Jensen Huang has steadily climbed the ranks of the world’s wealthiest as the market value of his computer-chip maker touches $3...

Nvidia 10-1 stock split is mostly ‘cosmetic,’ investor says

After the market’s close, Nvidia’s 10-for-1 stock split, which was announced in May during the company’s most recent earnings call, went into effect....

Shein is bad for the fashion industry and our planet—but I can’t wait for the IPO

Lawrence Lenihan is the chairman and co-founder of Resonance and an adjunct professor at NYU’s Stern School of Business. Ultrafast-fashion retailer Shein is evidently...

Airbnb CEO Brian Chesky pairs staff up to help combat workplace isolation

Staffers at Airbnb might have found themselves in an unofficial work pairing courtesy of a practice adopted by the company’s CEO, Brian Chesky....

Former Tesla board member says he wouldn’t vote for Musk’s $56 billion pay package

Tesla’s former audit committee chair and a prominent clean technology venture investor said he wouldn’t back Elon Musk’s $56 billion pay package and...

Tokyo’s government plays matchmaker with new dating app to reverse its plunging birth rate

The birth rate in Japan is so low that its biggest city’s government is going to desperate measures to help couples find love. The...

Porsche and Ferrari sales slump in China as car buyers flock to EVs instead

Luxury car sales plummeted in China as consumers face increased pressure from a lagging economy, turning their heads to lower-cost EVs instead. Deliveries for...

How should kids use TikTok, Instagram and Snapchat?

Ahmed Othman isn’t on TikTok and doesn’t want to be. He and his younger sister got iPhones when they were in eighth and seventh...

Zero percent down mortgages might help more first-time homebuyers break into the housing market—but there are caveats

It’s not surprising “zero-down mortgages are making a comeback,” as CNN recently declared. After all, home prices skyrocketed during the pandemic-fueled housing boom...

IRS says it will refund taxes extracted from Ohioans who got financial assistance after Norfolk Southern derailment disaster

Most people who received money from Norfolk Southern in the wake of last year’s fiery train derailment in eastern Ohio won’t have to pay taxes...

Demand for summer concerts cools after last year’s Taylor Swift and Beyoncé megatours

For the past few years, live music has enjoyed an explosive post-pandemic revival, as ‘revenge spending’ fans itching to get back into concert...

CEO leadership advice: Share your fears and vulnerabilities, says Verge Genomics chief Alice Zhang

Alice Zhang is CEO and cofounder of Verge Genomics. I started my biotech company Verge Genomics out of graduate school in 2015. We use...

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