Bidding for a seat on Blue Origin’s first passenger flight to space next month hit $3.5 million on Tuesday, one day after founder Jeff Bezos announced he and his brother will join the auction winner on the flight. The flight to the edge of space is set for July 20, and it’s lured about 6,000...Read More

Americans got richer off bitcoin than any other country last year — pocketing $4.1 billion in profits as the price of the volatile cryptocurrency soared to $29,000 from under $10,000, according to a new analysis.  The US was followed by China, which cashed out some $1.1 billion in profits in 2020, according to data published...Read More

Nasdaq has been beating the drum for diversity across corporate America, but the makeup of its executive ranks looks woefully out of step with that high-profile push. Late last year, the tech-heavy stock exchange startled Wall Street by saying it would de-list companies that didn’t achieve board diversity requirements. That means naming at least two...Read More

Facebook founder Mark Zuckerberg took a competitive swipe at Apple on Monday over the fees the iPhone maker charges companies to sell wares using its App Store. In a blog post that hit moments before Apple CEO Tim Cook took the stage at his company’s high-stakes developers’ conference, Zuckerberg told content creators that it won’t...Read More

More than 60 percent of workers are expected to return to Manhattan offices in September as the city recovers from the COVID-19 pandemic — but many have expressed concern about transit safety, a survey of CEOs found. About 12 percent of Manhattan employees had already returned to the workplace in May — and that number...Read More

J.Lo has signed on the dotted line. Jennifer Lopez, actress, singer and CEO of the television production company Nuyorican Productions, has inked a multiyear, first-look deal with Netflix, Variety first reported. As part of the deal, Lopez will produce both scripted and unscripted movie and TV content for the streaming behemoth.  Benny Medina, who co-founded...Read More

Tesla is pulling the plug on the most expensive version of its flagship sedan, the Model S Plaid Plus, CEO Elon Musk announced on Twitter. The company had previously announced plans to sell the premium car — which was advertised as being able to go more than 520 miles on a fully charged battery — for...Read More

Moderna has filed a request with the European Medicines Agency for its COVID-19 vaccine to be granted authorization for use in adolescents. In a statement Monday, Moderna said it had filed data for a conditional marketing approval in the 27-nation EU bloc to expand its coronavirus vaccine to children, beyond the green light it received...Read More

Shares of Donna Karan brand owner G-III Apparel soared by more than 12 percent on Monday after chief executive Morris Goldfarb said sales of work attire and dresses are getting stronger “with each passing week.” Investors sent the stock up by more than $35 a share early on Monday following Goldfarb’s bullish comments in conjunction...Read More

The Mark Cuban-backed banking app Dave is going public via a blank-check company deal that values the company at $4 billion. The online banking platform known for its “banking for humans” catchphrase was created in 2017 to help consumers avoid overdraft fees from traditional banks. Dave claims it has saved its 10 million customers an...Read More