Automattic’s Board Just Put Founder and CEO Matt Mullenweg on Leave. He Says Directors Conspired Against Him

Key Points You’ll often hear that a stock market downturn is retirees’ biggest threat. And the truth is that a prolonged bear market could hurt you financially in retirement if you aren’t prepared. The good news is that there are fairly easy steps you can take to avoid locking in portfolio losses during a bear…

For investors who bought gold near its highs and then watched the metal fall sharply, the temptation may have been to write off the rally. Vallum Capital believes that could be the wrong conclusion.   The investment firm said in a note on 24 August that the recent correction has not killed the…

McDonald’s franchisees have complained about “tough meat” and other issues with new hand-breaded chicken, an analyst said.

Latin America has always rewarded banks that can live with complexity. Regional corporate treasures rarely deal with a single challenge: currencies move, politics shift and commodity cycles turn. National champions increasingly find themselves buying assets, raising capital, managing liquidity and hedging risk across borders. That is where Citi’s Latin American franchise has become most valuable….

Bernard Arnault says he made an early investment in Netflix, and regrets selling it prematurely. LVMH’s billionaire CEO discussed the bet during a rare interview on the “Legend” podcast, aired earlier this month. Speaking in French, Arnault told host Guillaume Pley his family office acquired “nearly 20% of Netflix” shortly after its launch, and the…

Key Points One of the biggest fears among investors right now is whether artificial intelligence (AI) will pay off, or if there is an AI bubble that could take down the stock market. The S&P 500 (SNPINDEX: ^GSPC) has become top-heavy with tech majors. What if you want to invest your money differently and get…