New York Sues over Net Neutrality, and an Early Uber Investor Leaves His Company
New York Attorney General Eric Schneiderman filed a suit to block the FCC from repealing net neutrality protections. The state's top lawyer says the agency's move is "illegal" and that its system to collect comments on the issue was "corrupted."
Plus Shervin Pishevar, one of Uber's early investors and an executive at Virgin Hyperloop One, stepped down from his venture capital firm amid allegations of sexual harassment. He says he's focused on the legal battle against those launching a "smear campaign" against him.
And is Twitter up for sale? A picture posted by Goldman Sachs CEO Lloyd Blankfein with the social media platform's Jack Dorsey sparked speculation that the two might be working on a deal.
Resale platforms do big business – and Mercari just became the first in the U.S. to eliminate all fees for sellers and completely changed how returns work on its platform.
e.l.f.’s affordable price point and makeup and skincare options made it a social media darling – and the company’s CEO says the company even gets product ideas from its audience.
Nearly 40% of Americans choose travel over financial stability, funding trips on credit and sacrificing other budget line items to take a vacation — because live fast or die trying.
Disney shareholders have rallied behind longtime CEO Robert Iger. They voted Wednesday to rebuff activist investor Nelson Peltz and his ally, former Disney chief financial officer Jay Rasulo.
Student loan borrowers have the ability to earn retirement funds pegged to their payments – and the company Summer might be bringing it to your workplace.
It might not be what investors want to hear… but bringing down inflation could mean interest rates stay higher for (even) longer. But it's not all downside.