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Billionaire soccer fan Ken Griffin on how he helped bring Team USA’s best World Cup run in 24 years
The U.S. men’s national team’s World Cup run ended Monday night in Seattle, where Belgium beat the Americans 4-1 in the round of 16, eliminating the last of the tournament’s three co-hosts. The loss still made history: It the most-watched soccer telecast in U.S. history, with the audience peaking at more than 36.8 million viewers…
ITFC signs $3.3bn financing program with Bangladesh
ITFC has signed a $3.3 billion financing deal with Bangladesh for FY2026-27 to support fuel and fertiliser imports. The funding comes as disruption in the Strait of Hormuz threatens Bangladesh’s energy and food security. The deal extends ITFC’s long-standing financing partnership with Bangladesh. The International Islamic Trade Finance Corporation (ITFC) – a faction of the…
IRS streamlines penalty relief process, replacing First Time Abate
The Internal Revenue Service said Wednesday it’s introducing a new automatic process to provide penalty relief for taxpayers who have a history of filing and paying their tax debts on time, lessening the need for them to ask for assistance. Processing Content The new process, known as Automatic Exemption from Penalty, will eventually replace the…
Lucid dismisses report it was weighing bankruptcy after shares plunge
A Lucid Air electric vehicle (EV) at the company’s showroom in Tysons, Virginia, US, on Saturday, Feb. 17, 2024. Samuel Corum | Bloomberg | Getty Images Lucid Motor stock fell more than 40% at one point and trading was halted for volatility multiple times Tuesday amid speculation that the company is considering new options. A…
AI and Critical Thinking: How to Use AI Without Losing Your Edge
IQ scores have been sliding since 1970, and Lorraine Marchand thinks AI is quietly speeding that up. She’s also in the middle of building an agentic AI board of directors for her own company — one she jokes could someday vote to fire her. Lorraine teaches management at Columbia Business School and has advised Fortune…
Micron: The Mirage Of A Single-Digit P/E Ratio
Micron: The Mirage Of A Single-Digit P/E Ratio
