Older millennials are pulling away from the rest of their generation in the housing market. Now, they are pulling ahead in the hobby economy, too. A new Bank of America Institute analysis finds that older millennials spend more per customer on hobbies than any other generation, outpacing Gen X, baby boomers, younger millennials and Gen…
Back in 2020, billionaire Amazon founder Jeff Bezos pledged $10 billion to fight climate change through 2030. Nearly seven years later, the Bezos Earth Fund has granted about $2.4 billion, leaving just about four years to spend down more than $7 billion. The fund’s latest move is doling out more than $25 million in grants…
At just 23 years old, Noah Shinn is already making his mark on the AI world. He founded Instinct, an AI assistant startup, just last year. Since then, its valuation has skyrocketed. The company raised $250 million at a $2.5 billion valuation in August, bringing its total raised at the time to $350 million. Just…
Palantir founder and CEO Alex Karp is best known in the U.S. for his controversial $450 billion AI defense company, but in Sweden, he’s ruffled feathers for another reason: snapping up thousands of acres of land that’s disrupted local hunting. Karp has purchased 15,000 hectares (37,000 acres) of forest in Härjedalen, Sweden, through his newly…
In 1964, when Martin Luther King Jr. had just been awarded the Nobel Peace Prize, Coca-Cola took a stand that it’s still remembered for in its hometown of Atlanta. A dinner was planned to honor the civil rights leader in January 1965, but many in the city’s white business elite were initially reluctant to attend.…