Day: January 18, 2026
He worked four blue-collar jobs in his teens to stay afloat. Today, his fintech startup is worth $8 billion
Jack Zhang is the co-founder and CEO of Airwallex. Courtesy of Jack Zhang The word “burnout” isn’t in the dictionary of Jack Zhang, co-founder and CEO of fintech company Airwallex. “I never understand that terminology to be honest. I’ve worked 100 hours a week from [the] age of 16 for 20 plus years,” Zhang told […]
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Why South Korean noodle companies are betting on an overseas appetite for growth
Shin Ramyun instant noodles on the production line at the NongShim Co. factory in Gumi, South Korea, on Wednesday, April 16, 2025. South Korea is scheduled to announce its gross domestic product (GDP) figures on April 24. Photographer: SeongJoon Cho/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images Fancy some cheese-flavored spicy noodles? Judging […]
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Democrat Khanna refloats bill to block investors from buying up homes after Trump proposal
U.S. Representative Ro Khanna speaks during a press conference at the U.S. Capitol in Washington, D.C., on Nov. 18, 2025. Anadolu | Anadolu | Getty Images California Democratic Rep. Ro Khanna on Friday reintroduced a bill that would curb institutional investors from buying up housing, leveraging a similar call made recently by President Donald Trump. Trump said […]
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Trump wants nations to pay $1 billion for permanent Board of Peace seats
US President Donald Trump delivers remarks to the United Nations General Assembly at the UN headquarters in New York City on September 23, 2025. Timothy A. Clary | Afp | Getty Images The Trump administration wants nations to pay $1 billion to remain on the Board of Peace, Bloomberg first reported on Saturday night, citing […]
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Bessent: Unlikely Supreme Court will overrule tariffs, Trump’s ‘signature economic policy’
Scott Bessent, US treasury secretary, during an Economic Club of Minnesota event in Golden Valley, Minnesota, US, on Thursday, Jan. 8, 2026. Ben Brewer | Bloomberg | Getty Images Treasury Secretary Scott Bessent on Sunday said it’s “very unlikely” that the Supreme Court will overturn President Donald Trump’s use of emergency powers to impose tariffs, […]
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At least 5,000 dead in Iran unrest, official says, as judiciary hints at executions
Protesters carry a large “Lion and Sun” pre-Iranian Revolution national flag of Iran, during the ‘March for a Free Iran’, held by Britain’s Iranian Committee for Freedom and Stop The Hate, in London, Britain, on Jan. 18, 2026. Toby Melville | Reuters At least 5,000 people have been killed in protests in Iran, including about […]
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Pentagon readies 1,500 troops for potential Minnesota deployment, U.S. officials say
Federal Agents stand guard outside an Immigration and Customs Enforcement facility during a protest against ICE following the fatal shooting of Renee Good, a 37-year-old woman by a U.S. immigration agent, in Minneapolis, United States, on Jan. 8, 2026. Mostafa Bassim | Anadolu | Getty Images The Pentagon has ordered about 1,500 active-duty soldiers in […]
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Bozoma Saint John says she’s successful in her career because she ignored this piece of advice: ‘It really shrank me’
Bozoma Saint John doesn’t shrink away from the spotlight. Saint John, 48, was Netflix’s first Black C-level executive as their chief marketing officer. She became Uber’s first chief branding officer tasked with rehabbing the rideshare company’s image. And she made headlines in 2016 when she shook up the stage at Apple’s annual conference despite not […]
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Buffett’s pledge to give away 99% of his wealth could eventually test Berkshire’s shield against activists
The carefully choreographed plan Warren Buffett has laid out for his fortune could eventually expose Berkshire Hathaway to a risk it has avoided for six decades: shareholder activism. In Buffett’s Giving Pledge letter in 2010, the “Oracle of Omaha” said the proceeds from 99% of his Berkshire shares will be spent on philanthropy within 10 […]
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Mark Cuban’s money helped build Indiana University’s football team—he shares ‘how championship teams and organizations are built’
If Indiana University wins the 2026 College Football Playoff National Championship on Monday, fans will owe some thanks to one of the football program’s biggest financial donors: billionaire Mark Cuban. Cuban, whose net worth is estimated at $9.6 billion by Bloomberg, graduated from IU with a degree in management in 1981. He’s a longtime donor […]
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