Erik Nilsson
Dmitry Balyasny founded his hedge fund in 2001.Balyasny <ul><li>Joon Park, a cofounder of Kodai Capital, is joining Dmitry Balyasny's $23 billion firm.</li><li>Kodai Capital is returning capital aft… [+1987 chars]
Apple's $570 million fine from the EU has triggered a sharp rebuke from the White House, which called the fine a form of economic extortion, Reuters reports. The fine was announced on Wednesday by t… [+1759 chars]
Gucci sales continue to struggle.SEBASTIEN DUPUY/AFP via Getty Images <ul><li>Gucci sales fell 25% in the first quarter to 1.6 billion euros.</li><li>The decline contributed to a 14% decrease in own… [+2386 chars]
Revolut CEO and founder Nikolay Storonsky.Storonsky <ul><li>Fintech startup Revolut awards or docks "Karma" points based on how staff follow compliance rules.</li><li>These scores roll into team tot… [+2573 chars]
U.S. applications for jobless benefits rose modestly last week as business continue to retain workers despite fears of a possible economic downturn. Jobless claim applications inched up by 6,000 to … [+2020 chars]
Throughout my career, I’ve worked with companies across highly regulated sectors, including finance, insurance, banking, and tobacco. Navigating these industries means understanding how regulation i… [+7349 chars]
The incident occurred on a United Airlines Boeing 787 (not pictured.)JanValls/NurPhoto/Getty Images <ul><li>A United Airlines flight from San Francisco to Singapore encountered severe turbulence las… [+2352 chars]
After some weak results in the past few years, gaming M&A hit its highest quarterly deal value in nearly two years and recovered from a dip in the fourth quarter of 2024, according to Drake Star … [+5934 chars]
Richard Mille has unveiled three RM 75-01 Flying Tourbillon Sapphire models as part of its high-end watch collection. Designed specifically for sapphire cases, the timepieces merge gothic architectur… [+1191 chars]
ROBERTO SCHMIDT/AFP via Getty Images <ul><li>Trump is hinting that he may be changing his position on reciprocal tariffs again.</li><li>He said he would impose tariffs on countries in two to three w… [+1944 chars]
Big Four partner numbers have dropped in recent years, and some see it as a less attractive option.Ezra Bailey/Getty Images <ul><li>Being a partner at Big Four firms is becoming less lucrative and h… [+6310 chars]
About 80% of the cost of a typical engagement ring is determined by the gem, with about 20% from the metal itself.Doni Persada/Getty Images <ul><li>With rising gold and gem costs, jewelers are weigh… [+3442 chars]
When the crypto exchange Kraken was mulling paying $1.5 billion for a retail trading startup NinjaTrader, it was a given that Kraken would want to check under the hood. Usually, a team of six Kraken… [+5461 chars]
The weakening US dollar is likely to increase costs for US consumers.Peter Dazeley/Getty Images <ul><li>The value of the US dollar has fallen to three-year lows as Donald Trump's trade war continues… [+3593 chars]
President Donald Trump has changed the global trading environment.ROBERTO SCHMIDT/AFP via Getty Images <ul><li>President Donald Trump's trade policies may lead to recession due to tariff uncertainty… [+2413 chars]
Since 2017, Jeff White and Suleyka Bolaños have moved homes once a year. They've shared walls with neighbors in duplexes and triplexes, and shared common spaces with roommates in single-family homes… [+7181 chars]
Getty Images; Tyler Le/BI <ul><li>Every year, private equity recruiters hold a week of speed-dating recruiting for junior talent.</li><li>Known as "on-cycle," the practice has drawn critics, includi… [+7679 chars]
xia yuan/Getty Images <ul><li>Venture capitalists are investing heavily in defense tech amid Trump's executive orders.</li><li>Despite past overall funding challenges in tech, VC investments in defe… [+7897 chars]