Elon Musk became the first person to surpass $500 billion in net worth, powered by a rebound in Tesla’s share price and swelling valuations of his other tech ventures.
Read More Musk becomes first person to hit $500 billion net worth, Forbes list showsCategory: Business
Nike marketing plans in focus ahead of crucial year for sports events
Investors will zoom in on Nike’s marketing plans for the coming year when it reports results on Tuesday, after several sluggish quarters in which rivals have stolen market share.
Read More Nike marketing plans in focus ahead of crucial year for sports eventsGlobal debt hits record of nearly $338 trillion, says IIF
The Institute of International Finance, a financial services trade group, said that global debt rose over $21 trillion in the first half of the year to $337.7 trillion.
Read More Global debt hits record of nearly $338 trillion, says IIFUS senator calls FAA’s proposed $3.1 million Boeing fine inadequate
Richard Blumenthal said the FAA’s proposed $3.1 million fine against Boeing is inadequate and wants the agency to explain how it calculated the penalty.
Read More US senator calls FAA’s proposed $3.1 million Boeing fine inadequateAmazon violated online shopper protection law, judge rules ahead of Prime signup trial
Amazon violated consumer protection law by gathering Prime subscribers’ billing information before disclosing the service’s terms.
Read More Amazon violated online shopper protection law, judge rules ahead of Prime signup trialLive Nation, Ticketmaster joined with ticket brokers to exploit fans, US says
The FTC accused Live Nation and Ticketmaster of costing fans millions of dollars by tacitly allowing ticket brokers to scoop concert tickets and sell them to at a significant markup.
Read More Live Nation, Ticketmaster joined with ticket brokers to exploit fans, US says
