Walking into the crowded hotel conference room, Andrew Batey looked like any other tech guy attending ETHDenver, an annual cryptocurrency conference. A venture capital investor based in Florida, Mr. Batey wore a black sweatshirt emblazoned with the logos of more than a dozen crypto companies, with names like LunarCrush and bitSmiley. He had arrived in…
An entrepreneur who revolutionized the automobile business decides he now needs to change how the world thinks, so he buys a media property to use as a megaphone. His rants validate many people’s worst impulses while also encouraging enemies of democracy around the world. This sounds like Elon Musk and his social media site X…
At first, residents of the upscale cul-de-sac in West Lake Hills, Texas, did not know who had moved into the 6,900-square-foot, six-bedroom mansion next door. Then construction workers arrived to erect a 16-foot chain-link fence around the $6 million property, which is one of four homes on the leafy street. They also installed an outward-facing…
Warren Buffett, the chief executive of Berkshire Hathaway, said he would step down from that position by the end of the year. Mr. Buffett, 94, transformed Berkshire Hathaway, once a textile company, into a powerful business investor, making billions along the way. Here’s a look back at some of the defining moments in his life….
Mehul Choksi, a wealthy diamond dealer whom India has sought in connection with a fraud case involving one of India’s largest state-run banks, has been arrested in Belgium, his lawyer said on Monday. Mr. Choksi, 65, is wanted on charges relating to an attempt to defraud the publicly owned Punjab National Bank of nearly $1.8…
The broadcast journalist Gayle King and the singer Katy Perry were set to make a brief trip into space on Monday on a flight operated by Jeff Bezos’ private company, Blue Origin. It would be the first time an all-female crew has been to space since 1963. Their flight, on Blue Origin’s New Shepard rocket,…
Wall Street billionaires are not used to being on the outside looking in. But that is where they find themselves after President Trump ignored their appeals to call off his tariff plans which they fear could endanger the economy. With the backdrop of rapidly mounting stock market losses, corporate titans have worked every angle —…
This time, maybe the stock market is the economy. Financial markets around the world have plummeted in the days since President Trump announced sweeping tariffs, setting off a global trade war. The S&P 500 declined more than 10 percent in two days last week, and it swung wildly on Monday amid news of further tariffs…
The Netflix co-founder Reed Hastings wants more researchers and students to ask deep questions about artificial intelligence and its potential to upend human norms. To that end, Mr. Hastings has donated $50 million to Bowdoin College, his alma mater, to create a research initiative on “A.I. and Humanity” — the largest gift to the liberal…
Tesla, Elon Musk’s carmaker, has faced protests, vandalism and plummeting stock prices amid the billionaire’s involvement with right-wing politics and the Trump administration, as buyers turn away and protesters criticize his growing influence. Over the past decade, Tesla has gone from a disruptive newcomer in the auto industry to America’s best-selling electric-vehicle brand. But recently,…