Head of LA homeless nonprofit charged with pocketing millions, splurging on luxuries including a Hermès jacket and a trip to Vegas

Tech Insider : Business, Economy
California governor urges cities to 'take back the streets' from homeless
Alexander Soofer, manager of an LA-based housing program, is being charged with wire fraud and pocketing $10 million in public funds.

Carlos Barria/REUTERS

Goldman Sachs hands David Solomon a $47 million pay package for 2025, surpassing JPMorgan's Jamie Dimon

Tech Insider : Business
David Solomon, CEO, Goldman Sachs
David Solomon is the CEO of Goldman Sachs.

Stefano Guidi/Getty Images

Renaissance, Schonfeld, and Engineers Gate stung in a shaky start for quants in 2026

Tech Insider : Business
frustrated india stockbroker trader
An Indian broker reacts while trading at a stock brokerage firm in Mumbai, January 22, 2008. Shares from Sydney to London sank for a second day on Tuesday, dragging commodity prices with them and promising similar falls for Wall Street as investors abandoned assets exposed to the risk of a global economic slowdown.

REUTERS/Arko Datta

The world's 4 richest people are $100 billion wealthier already this year

Tech Insider : Business
Photo collage featuring Elon Musk
The Tesla board has proposed a pay package for Elon Musk that could be worth up to $1 trillion.

ALLISON ROBBERT/Getty Images; Getty Images; Tyler Le/BI

Engineers wanted: PwC makes its pitch as consulting reinvents itself for the AI future

Tech Insider : Business, Technology
pwc logo
PwC said engineers are central to their future success

Matthias Balk/picture alliance via Getty Images

From the workplace to geopolitics to robots: Our team's Davos takeaways

Tech Insider : Business
BI's editorial team at Davos
BI's editorial team at Davos. (And yes, that's Claudia Romo Edelman's Sotol Romo brand behind us. In Davos, you can never get too far from business.)

BI

'Bond King' Bill Gross says the record stock rally is at risk of stalling — and tells us what could keep the party going

Tech Insider : Business, Crypto, Economy
Bill Gross
Bill Gross

Mary Hurlbut/Stu News Laguna

From potential Treasury Secretary to a $5 billion lawsuit: Trump and Jamie Dimon's on-again, off-again relationship

Tech Insider : Politics, Business, Economy
A composite image of Jamie Dimon (left) and Donald Trump (right). Both men are wearing blue suits with blue and red ties, and a serious expression.
A composite image of Jamie Dimon (left) and Donald Trump (right).

Tom Williams/CQ-Roll Call, Inc via Getty Images and Harun Ozalp/Anadolu via Getty Images

The best fashion and biggest style status symbols we've spotted at Davos so far

Tech Insider : Style, Business, Politics
An attendee of the World Economic Forum in Davos, Switzerland.
An attendee of the World Economic Forum in Davos, Switzerland.

Thomas Oswald for BI

Davos recap: Elon Musk talks robot-powered future, robotaxi rollout in first-ever Davos appearance

Tech Insider : Business, Crypto, Economy
Elon Musk Davos
Elon Musk Davos

Fabrice COFFRINI / AFP via Getty Images

If Wednesday was Trump day at the World Economic Forum, then Thursday was all about Elon Musk.

Musk, the world's richest person, made his first-ever appearance at Davos, taking the stage in conversation with Larry Fink, the WEF's cochair.

Subscribe to finance