Tech

Congress just grilled a group of CEOs over the GameStop stock price fiasco in a hearing filled with heated exchanges, insults, and lots of technical difficulties

On Thursday afternoon, Congress held a hearing to address the GameStop stock fiasco. The hearing featured the CEOs of Robinhood, Citadel, Reddit, and Melvin Capital. Robinhood CEO Vlad Tenev was the hearing’s main target, and it was plagued with technical issues. Visit the Business section of Insider for more stories. […]
Congress just grilled a group of CEOs over the GameStop stock price fiasco in a hearing filled with heated exchanges, insults, and lots of technical difficulties
News

Rep. Brad Sherman rips into Citadel CEO Ken Griffin: ‘You are wasting my time’

Things got heated during a Congressional hearing into January’s Gamestop stock trading frenzy on Thursday. Rep. Brad Sherman accused Citadel CEO Ken Griffin of evading his questions. Sherman was asking Griffin if certain brokerages receive better prices from his firm. Visit the Business section of Insider for more stories. Rep. […]
Rep. Brad Sherman rips into Citadel CEO Ken Griffin: ‘You are wasting my time’
News

Billionaire Ken Griffin — owner of America’s most expensive home — is selling his Miami Beach penthouses for at least 20% less than he paid for them 5 years ago

The billionaire hedge-fund executive Ken Griffin is selling both of his Miami Beach penthouses for at least a 20% loss, Katherine Kallergis reported for The Real Deal. Griffin, the Citadel CEO and founder who’s worth $US21 billion, bought two condos, which are in the exclusive Faena House building, for a […]
Billionaire Ken Griffin — owner of America’s most expensive home — is selling his Miami Beach penthouses for at least 20% less than he paid for them 5 years ago
Lifestyle

Miami billionaires are locked in a feud over a proposed 47-foot height increase on a new luxury tower that would ‘obliterate’ their ocean views

Two sets of billionaires are feuding over the height of a planned luxury tower in Miami Beach, Katherine Kallergis reported for The Real Deal. The billionaire developers of a planned Aman-branded luxury tower, OKO Group’s Vladislav Doronin and Len Blavatnik of Access Industries, are seeking approval for a 47-foot height […]
Miami billionaires are locked in a feud over a proposed 47-foot height increase on a new luxury tower that would ‘obliterate’ their ocean views
Lifestyle

I drove down ‘Billionaire Lane’ in the Hamptons, where Wall Street execs, CEOs, and celebrities live in multimillion-dollar mansions — take a look at the famous beachfront stretch

Meadow Lane in Southampton is known as the Hamptons’ “Billionaire Lane” thanks to its ultrawealthy homeowners. Its residents over the years have included late billionaire conservative donor David Koch, who was worth $US58.7 billion when he died in 2019; hedge-fund founder Daniel Och, who’s worth $US3.2 billion; and hotelier Ian […]
I drove down ‘Billionaire Lane’ in the Hamptons, where Wall Street execs, CEOs, and celebrities live in multimillion-dollar mansions — take a look at the famous beachfront stretch