‘Britain’s Bill Gates’: Who is Mike Lynch, the UK tech entrepreneur missing after superyacht sinks?

Key Points

British tech entrepreneur Mike Lynch was acquitted in June of fraud charges in a landmark trial.
He was accused by Hewlett Packard of working to artificially inflate the value of his company Autonomy when he sold it to the U.S. tech giant for $11.7 billion in 2011.
Lynch — once lauded by the U.K. press as “Britain’s Bill Gates” — is now missing after the sinking of a superyacht off the coast of Sicily.

Source

Finance

Bessent says Powell attending Supreme Court arguments on Lisa Cook is a mistake

January 20, 2026

Key Points CNBC reported Monday, citing a person familiar with the matter, that Powell plans to be present for oral arguments in a case that challenges Trump’s power to remove governor Lisa Cook. “I actually think that’s a mistake,” Bessent told CNBC’s Joe Kernen in an interview from the World Economic Forum in Davos, Switzerland. […]

Finance

Bessent says Trump’s pick for the next Fed chair could happen next week

January 20, 2026

Key Points After months of speculation and political intrigue, President Donald Trump is close to nominating the next chair of the Federal Reserve, Treasury Secretary Scott Bessent told CNBC on Tuesday. “My guess is the president will reach a decision maybe as soon as next week,” he said during the interview at the World Economic […]

Finance

Stocks making the biggest moves premarket: Nvidia, JB Hunt, 3M, Micron & more

January 20, 2026

Check out the companies making headlines before the bell: Nvidia — The chipmaker dropped around 2% to lead tech shares lower, with traders trimming positions in the AI giant as global trade tensions escalate following President Donald Trump’s latest tariff threat over Greenland. J.B. Hunt Transport Services — The transportation and logistics company fell more […]