In 2023, the median pay for S&P 500 CEOs hit a record $15.7 million, driven by a booming stock market. Some CEOs raked in nine-figure packages, with Hock Tan of Broadcom topping the list at $161.8 million, a whopping 510 times his median employee’s pay. This surge in executive compensation
Since the U.S. legalized sports betting in 2018, the industry has exploded, with annual gross gaming revenue skyrocketing from $400 million to a staggering $11 billion in just five years. This phenomenal growth is fueled by states like Nevada, New Jersey, and Pennsylvania, which embraced early legalization and robust regulations.
Discover the shocking truth behind some of Italy’s luxury handbags: Italian prosecutors have uncovered that major fashion houses like Dior and Armani are using exploited foreign labor to assemble their high-priced products. Court documents reveal that bags sold for thousands of dollars are manufactured for a fraction of the cost
Tech companies, including Amazon Web Services, are striking deals with U.S. nuclear power plants to secure electricity for their data centers, driven by the skyrocketing demands of artificial intelligence. This move promises 24/7 carbon-free power but stirs controversy, as it could divert existing energy supplies, raise prices, and increase reliance
Koo hailed as India’s answer to Twitter, soared to fame with promises of multilingual social media for millions. Founded in 2020, it quickly gained government support and celebrity endorsements, even expanding to other countries. However, despite early success and significant investments, Koo faced rapid decline. Within just a few years,
Discover the shocking revelations behind the scenes at the World Economic Forum (WEF) in Davos, where founder Klaus Schwab’s leadership is under scrutiny. Former and current employees describe a toxic workplace culture marred by ageism, pregnancy discrimination, and sexual harassment. Despite its public stance on gender equality and diversity, the
Warren Buffett, the billionaire investor, has disclosed his plans for his vast $130 billion fortune after his death in an interview. He intends for nearly all of it to go into a charitable trust managed by his three children, where they must all agree on causes to support. This decision
Boeing’s troubles have hit a new low as the US Department of Justice prepares to charge the company with criminal fraud over the 737 Max crashes, giving Boeing a week to decide whether to plead guilty or risk going to trial. As Boeing faces a potential half-billion-dollar fine and a
Discover how the US and India are reshaping global tax policies with their groundbreaking digital tax extension agreement! Uncover the reasons behind this pivotal decision and how it could affect tech giants and everyday consumers alike. Dive into the details of the negotiations and learn why this move is causing