NEW YORK — Bernard “Bernie” Marcus, the co-founder of The Home Depot, a billionaire philanthropist, and a big Republican donor, has died. He was 95. Marcus died Monday in Boca Raton, Florida, surrounded by family, according to a Home Depot spokesperson. Marcus was Home Depot’s CEO as it grew rapidly during its first two decades,…
NEW YORK — Online video production company MrBeast said Friday it has fired somewhere between 5 to 10 employees following an investigation into the YouTube empire’s workplace culture. A company spokesperson declined to put a precise number on the firings, saying which employees were let go or for what reasons. But the shakeup comes as…
Soulstock | E+ | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Wealthy millennials and Gen Zers are redefining the world of charitable giving, seeing themselves more…
The Tata family, a powerful name in the global corporate sector, has long been symbolized with more than just industrial success. Beyond its corporate achievements, the Tata family is significantly rooted in philanthropic principles, creativity, and a strong dedication to societal improvement. With the tragic passing of Ratan Tata, the beloved industrialist, it is important…
LOS ANGELES– For more than two decades, the low rent on Marina Maalouf’s apartment in a blocky affordable housing development in Los Angeles’ Chinatown was a saving grace for her family, including a granddaughter who has autism. But that grace had an expiration date. For Maalouf and her family it arrived in 2020. The landlord,…
PARIS– Chemena Kamali’s sophomore collection for Chloé was a luminous exploration of femininity, blending the house’s heritage with a fresh, sensual energy for spring. Set against a backdrop of sun-faded apricots, blushes and soft whites, the Paris collection captured Kamali’s vision of a summer that she surmised as: “when you pause, escape, explore and recharge.”…
LONDON — British supermodel Naomi Campbell has been barred from being a charity trustee in England and Wales for five years after the poverty charity she founded nearly two decades ago was deemed Thursday to have been “poorly governed” with “inadequate financial management.” Following a three-year investigation into the financial activities of “Fashion for Relief,”…
NEW YORK– Prince Harry said today’s youth is in the midst of an “epidemic” of anxiety, depression and social isolation due to negative experiences online, as he brought his campaign to help children and their parents navigate cyberspace to this week’s Clinton Global Initiative. “These platforms are designed to create addiction,” Harry, 40, said in…
NEW YORK– Less than two weeks before his 100th birthday, former President Jimmy Carter is receiving a lifetime achievement award from the Dayton Literary Peace Prize Foundation, which has set aside its longstanding rule that the winner accept the honor in person. The Ohio-based foundation announced Thursday that Carter was this year’s winner of the…
NEW YORK– MrBeast is accused of creating “unsafe” employment conditions, including sexual harassment, and misrepresenting contestants’ odds at winning his new Amazon reality show’s $5 million grand prize in a lawsuit filed Tuesday by five unnamed participants. The filing alleges that the multimillion-dollar company behind YouTube’s most popular channel failed to provide minimum wages, overtime…
