Bribe locally, fundraise globally. That pretty much sums up the business ethos of billionaire Gautam Adani as laid out by US prosecutors.
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Hindenburg reported that Roblox has been exaggerating its user base, losing money, and putting growth ahead of child safety.
There were plenty of business losers in 2024, but only one for whom the sky was literally falling. In short: Boeing had a bad year.
Luxury brands were riding the subway instead of lounging in limos this year, though a couple of brands were able to buck the trend.
As the dealmaking environment improved in 2024 thanks to the bull market and interest-rate cuts, investment bankers reaped a windfall.