Editor's note: This story was originally published on December 11, 2013, and has been updated.Bernard Madoff, the man behind the most notorious Ponzi scheme in history, died at age 82 while serving a 150-year sentence in federal prison.He was arrested…
Editor's note: This story was originally published on May 16, 2013 and has been updated with Madoff's death.Bernard Madoff once had billions of dollars, but in the last years of his life, he made $40 a month doing menial prison…
Coinbase Global is going public through a direct listing Wednesday, becoming the first cryptocurrency exchange on the stock market.The timing isn't coincidental: Bitcoin has doubled in value this year, surging to a record high above $62,000, as cryptocurrencies have become…
Bernard Madoff, whose name became synonymous with financial fraud, died while serving a 150-year sentence in Federal Prison. He was 82 years old.His death Wednesday at the Federal Medical Center in the prison in Butner, North Carolina, was confirmed by…
"Insecure" star Jo-Issa Rae Diop, better known as Issa Rae, is a big believer in amplifying creative voices and paying her blessings forward.Less than a month after signing an eight-figure production deal with HBO's parent company WarnerMedia, the 36-year-old actress…
Cryptocurrency exchange Coinbase Global finally went public Wednesday afternoon at a valuation of nearly $100 billion, as the company takes advantage of surging demand (and prices) for bitcoin, ethereum and other digital currencies.Coinbase shares began trading at $381 a share,…
Hundreds of prominent executives from high-profile companies, including Amazon, Google, BlackRock and Starbucks, signed a statement that opposes discriminatory legislation that makes voting harder.The statement, printed Wednesday in an advertisement in the New York Times, was organized by Ken Chenault…
One of France's biggest export industries is facing a devastating blow after an unusually severe frost earlier this month damaged vineyards across the country, heaping pain on winemakers already reeling from the pandemic and US tariffs.The frost has affected 80%…
The pandemic has already slammed stores across the country. The aftermath might not be any easier for retailers.The pandemic sped up the shift to online shopping, and the continued growth of e-commerce sales will lead to more stores shutting down…
HBO Max subscribers had the option to stream "Godzilla vs. Kong" in the comfort of their homes during Easter and Passover weekend, but plenty of moviegoers opted to see it in theaters. That's great news for the publicly traded owners…
No Model S or Model X cars on the Tesla assembly line is apparently no problem for investors.Friday Tesla revealed it did not build any of its two most expensive models, the Model S sedan and Model X SUV, in…
Non-fungible tokens, or NFTs, are all the rage. But their popularity may have already peaked. Prices of NFTs, the digital certificates that have taken the art and collectibles world by storm this year, have plunged about 70% from their high…
Spring has arrived, and America's services sector — an enormous part of the economy — is positively booming.As some pandemic restrictions are relaxed and vaccines are put in more arms, pent-up consumer demand is getting released — and that's helping…
The economic recovery in the United States and China is gaining steam, triggering a wave of upgraded forecasts and optimistic commentary. Meanwhile, economists watching other parts of the world are getting worried."While the outlook has improved overall, prospects are diverging…
McDonald's is expanding its lineup of sweet treats with a new McFlurry flavor.Beginning May 3, the chain is adding a Caramel Brownie McFlurry to its menus at US locations for a limited time. McDonald's says the dessert combines vanilla soft…
Turntide Technologies is on a mission to save the planet, one motor at a time.The startup, armed with an influx of cash from Amazon, Bill Gates and actor Robert Downey Jr., wants to replace the antiquated and energy-wasting motors used…
Citing several contributing factors, Delta Air Lines canceled approximately 100 flights Sunday."Delta teams have been working through various factors, including staffing, large numbers of employee vaccinations and pilots returning to active status. We apologize to our customers for the inconvenience…
The Derek Chauvin murder trial is well underway, and CNN correspondent Sara Sidner said it is unlike any other that she's covered as a journalist.Last week, jurors heard testimony from bystanders who described the moment they witnessed Chauvin kneel on…
The movie theater industry has been in desperate need of good news since the beginning of the pandemic. That good news finally came on Sunday thanks to a giant radioactive lizard and an oversized ape.Warner Bros.' monster mash "Godzilla vs.…
Last month, I set out to buy my father, an avid Before the Bell reader, a non-fungible token, or NFT.We'd spent lots of time discussing the various signs of market mania that had cropped up in the past year —…
