Marty Malinow's mom never could get her head around what her son did for a living. To friends, she said he was “a stockbroker that does something with the weather.” Malinow couldn’t really object — he knew most people had no clue about financial contracts based on things like sunshine, rainfall and wind.

That’s beginning to change. ...Read more

Kim Kardashian was already a successful celebrity businesswoman when she launched Skims five years ago.

But more often than not, she simply had attached her name to a string of existing companies: QuickTrim supplements, Carl’s Jr. salads, Skechers Shape-Ups, Sugar Factory confections, Midori liqueur, Silly Bandz bracelets, Beach Bunny ...Read more

Tesla Inc. is facing increased federal scrutiny of Autopilot, with the top U.S. auto-safety regulator seeking data that will help determine whether the company’s biggest-ever recall made its driver-assistance system safer.

In a letter posted on its website Tuesday, the National Highway Traffic Safety Administration presses Tesla on how much ...Read more

As the United Auto Workers continues its organizing drive in the South with an election next week at a Mercedes-Benz plant in Alabama, November’s presidential election looms as a potential turning point in the effort.

During their stints in the Oval Office, both Joe Biden and Donald Trump have used the National Labor Relations Board — an ...Read more

More than 1,000 residents and fellows at University of Chicago Medicine have voted to unionize, joining their peers at other large Chicago-area health systems.

The doctors hope to soon negotiate their first contract with UChicago Medicine. They’re looking for improved pay and working conditions. Residents often work at hospitals after earning...Read more

Q: About a century ago, the term "fuel cell" described exotic wafers that allow hydrogen and oxygen to combine across a membrane, somehow producing electricity and water. Maybe 25 years ago, the car dudes began to use the same term for a fancy gas tank. Why did the car dudes do this? What makes the gas tank version of a fuel cell different from ...Read more

Berkshire Hathaway shareholders flocked to Omaha, Nebraska, on Saturday to hear from CEO Warren Buffett and other Berkshire executives. For about 5 hours, Buffett took questions on Berkshire’s many businesses, investing and life in general.

The meeting included a video tribute to Buffett’s longtime partner and Berkshire vice-chairman ...Read more

Theranos founder Elizabeth Holmes has shaved more than four months off her prison sentence, according to the U.S. Bureau of Prisons.

Holmes, 40, was sentenced to 11 years and three months for defrauding investors in her now-defunct Palo Alto blood-testing startup. She began serving time at federal prison camp Bryan in Texas on May 30 last year...Read more

Switching jobs typically makes workers happier. Now, it’s more likely to leave them more miserable than before.

People who left a job for a new one reported being less satisfied at work than those who stayed put, according to a survey from the Conference Board, a sharp reversal from their sentiments just a year earlier. In 2022, those who ...Read more

An activist investor campaign to gain control of Atlanta-based Norfolk Southern has won some support from unions and others as a crucial Thursday shareholder vote approaches.

Ancora Holdings Group, the activist investor firm, wants to replace a majority of Norfolk Southern’s board members and its CEO, Alan Shaw. Ancora also wants former UPS ...Read more

International Monetary Fund Managing Director Kristalina Georgieva praised the strength of the U.S. economy but warned its current level of deficit spending was not sustainable and could crimp U.S. and global growth if it's not brought under control, in remarks Monday at the Milken Institute Global Conference.

Servicing the U.S debt — now ...Read more

The Federal Aviation Administration said Monday it has opened a new investigation into a potential manufacturing quality lapse on Boeing’s 787 Dreamliner after Boeing admitted that inspection records on work at the wing-to-body join were falsified at the jet’s final assembly site in South Carolina.

Boeing informed the FAA in April that on ...Read more

In recent years, the company Free2move set up free-floating car rental operations in such major American cities as Denver, Portland, Oregon, and Columbus, Ohio.

Like scooter rentals but for cars, the vehicles were spread out around each city, and drivers could book them from their phones at a moment's notice for a few minutes or a few days. The...Read more

The U.S. Securities and Exchange Commission warned Robinhood Markets Inc. that it faces an enforcement action over its crypto business — the latest sign that the regulator isn’t letting up on its years-long crackdown on digital assets.

Robinhood, which is best known for stock trading, said on Monday that the SEC’s enforcement staff had ...Read more

Steward Health Care System LLC filed for bankruptcy early Monday after a period of mounting financial challenges and government scrutiny over the impact of its hospital closures on patients.

The Dallas-based firm is finalizing a rescue loan with landlord Medical Properties Trust Inc., according to the filing. It sought Chapter 11 protection in...Read more

More than 90% of stablecoin transaction volumes aren’t coming from genuine users, according to a new metric co-developed by Visa Inc., suggesting such crypto tokens may be far away from becoming a commonly used means of payment.

The dashboard from Visa and Allium Labs is designed to strip out transactions initiated by bots and large-scale ...Read more