Trinny Woodall built a $72 million-a-year beauty empire in her 50’s—here’s how she spends her new income
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The TV star-turned-entrepreneur commutes to work in a black cab, walks her dogs in Hyde Park and doesn’t have a work wardrobe.
https://fortune.com/europe/2024/10/22/trinny-woodall-beauty-empire-in-her-50-london-new-income/
French government ‘must block the sale’ of Sanofi’s Doliprane painkiller to U.S. private equity, critics argue
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France's Prime Minister Michel Barnier secured a 2% stake in the deal for public investment bank Bpifrance, along with "extremely strong" guarantees against job cuts and offshoring.
Scandal over ex-lover cuts billionaire WiseTech CEO’s wealth
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Richard White is facing what’s likely his biggest risk since founding his shipping software company in 1994.
Luminance debuts AI assistant for lawyers that’s aimed at doing some of the legal grunt work
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Luminance CEO Eleanor Lightbody says the company is leveling up from "passive" to "proactive" AI agents.
https://fortune.com/2024/10/22/luminance-ai-assistant-lawyers-legal/
The college student who tracks private jets of Mark Zuckerberg, Elon Musk, and Taylor Swift says his Meta Threads accounts were suspended
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Jack Sweeney said all the Meta jet tracking accounts were suspended in recent days, save for two: one following the jet used by former president Donald Trump and one following the jet used by Florida Governor Ron DeSantis.
Poshmark cofounder says traditional fundraising ‘sucked’: Here’s how she got investors on board
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Tracy Sun said investors didn’t connect to the company mission, so she showed them the impact on women.
https://fortune.com/2024/10/15/poshmark-cofounder-fundraising-sucked-getting-investors/
The college kid who tracks private jets of Mark Zuckerberg, Elon Musk, and Taylor Swift says his Meta Threads accounts were suspended
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Jack Sweeney said all the Meta jet tracking accounts were suspended in recent days, save for two: one following the jet used by former president Donald Trump and one following the jet used by Florida Governor Ron DeSantis.
Poshmark cofounder says traditional fundraising ‘sucked’: Here’s how she got investors on board
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Tracy Sun said investors didn’t connect to the company mission, so she showed them the impact on women.
https://fortune.com/2024/10/15/poshmark-cofounder-fundraising-sucked-getting-investors/
Musk used ‘Blade Runner’ imagery at Tesla event despite being denied permission, lawsuit claims
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Elon Musk's love of sci-fi has turned against him. Or at least it has turned into a copyright issue.
https://fortune.com/2024/10/21/elon-musk-blade-runner-tesla-event-denied-permission-lawsuit/
Jeff Bezos says companies need ‘a culture that supports truth-telling.’ Here’s how he built one at Amazon
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"We mostly survive by being social animals and being cordial" but "important truths can be uncomfortable," said the Amazon founder.
The latest business buzzword? ‘Decarbonization’
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A renewables panel at Fortune's Brainstorm E conference talks about how things are changing.
https://fortune.com/2015/09/29/utilities-edison-google-decarbonization/
Trump tax plan would see Social Security benefits cut by 1/3, watchdog says
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The Committee for a Responsible Federal Budget said Trump's plans would eventually slash payments to retirees by one-third.
Sand Castle mansion lists for $108 million in San Diego record
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The Sand Castle has 10 bedrooms, 14 full bathrooms and three half baths, with custom details such as French-imported fireplaces, crystal chandeliers, and an indoor mahogany bar.
$2 trillion Norway oil fund CEO Nicolai Tangen says AI stock boom has created a concentration risk ‘we have never seen before’
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Nicolai Tangen’s $2 trillion oil fund holds billions in AI companies, but he thinks they’re emerging as a key risk area.
Recent hurricanes are distorting the U.S. economy’s underlying trend
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Goldman Sachs said property damage from hurricanes Helene and Milton could cost a combined $90 billion.
Wall Street’s rally cools as investors brace for big earnings week
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China’s mainland shares posted modest gains as a lending rate cut juiced real estate stocks, but investors awaited more details on government stimulus.
https://fortune.com/2024/10/21/date-stock-market-today-dow-sp500-nasdaq-6/
People kept dying at a popular NYC tourist spot. So it just reopened with new safety measures
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It closed after three people died jumping from the structure, and reopened with security guards and an unusual rule: nobody could visit it alone.
https://fortune.com/2024/10/21/nyc-vessel-reopen-safety-measures-tourist-deaths/
Diddy team seeks gag order for witnesses and lawyers: They’re ‘assassinating Mr. Combs’ character’
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Combs has remained incarcerated pending a May 5 trial after two judges denied bail in rulings being appealed to the 2nd U.S. Circuit Court of Appeals.
https://fortune.com/2024/10/21/sean-diddy-combs-gag-order-sexual-assault-trial-lawsuit/
Recent hurricanes are distorting the U.S. economy’s underlying trend
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Goldman Sachs said property damage from hurricanes Helene and Milton could be a combined $90 billion.
An isolated island nation is a tax haven for the ultrarich to hide their money
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The Cook Islands trust is referred to as the gold standard in asset protection.