Business

Business

When it comes to finance, Palm Beach has long been a playground for billionaires, investors, and family offices. In the middle of this evolving landscape is Eric McNeil, a fund manager whose innovative approach is redefining wealth and influence. Through The Onyx Reserve and his exclusive Onyx House, McNeil has positioned himself as one of the most powerful figures in the intersection of finance, culture, and lifestyle.

For most people, personal indiscretions-such as having an extramarital affair or abusing drugs-are a private matter. But for CEOs, even scandals unrelated to business create doubt about their judgment, integrity, and leadership. The result is usually career-ending for the CEO, research shows, and can create lasting harm for the company. We found that CEOs overwhelmingly exit in the wake of personal scandals-five times as often as CEOs who commit financial misconduct do, in fact. And strong business performance doesn't tend to offer protection.

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What makes Palantir's story stand out is that it is no longer just a government contractor; it has become the go-to AI platform for companies that want to deploy artificial intelligence (AI) in their businesses right away. The key is its Artificial Intelligence Platform (AIP), which gathers and organizes a customer's messy data into a clean structure that large language models can better work with, helping significantly reduce AI hallucinations.

The incentive offers a financial boost that is designed to offset the cost of a membership with the Federation of Small Businesses (FSB). The offer comes at a time when small business owners across the UK are facing increasing uncertainty over HR compliance - an area where FSB membership offers vital support - as the Employment Rights Bill travels through parliament.

Economists have some great tools for doing so, but Thaler got the field to appreciate that human beings, as impressive as we are in many ways, are subject to certain limitations that psychologists know a lot about. Those limitations, such as myopia, sloth and a fear of loss that exceeds the love of gains, have to be taken into account if we're going to truly understand economic decisions.

In 2020, Lisa was earning roughly $110,000 a year in a remote, corporate manufacturing role when she received an offer for a hybrid job that paid about $150,000. After talking it over with her husband, she landed on an unconventional solution: Take the new job - and keep the old one, too. For 18 months, Lisa secretly worked two full-time roles, earning roughly $250,000 in 2021 and averaging 40 to 50 hours a week across both jobs.

Global capitalism begins with apparel. Slaves were brought to the American South from West Africa to do farm labor, and by the 19th century that largely meant cotton, a ubiquitous puffball that is easy to grow and aggravating to harvest. Seeds would be removed with a cotton gin, and the bulk of the puff would be sent to England, where it was turned into thread by gigantic steam-powered looms, woven together, and sewed into mass-produced coats, shirts, and pants.

Saudi Arabia's Public Investment Fund (PiF) are on the verge of taking another major step in their acquisition of sport, but this time in the virtual world. The PiF, an arm of the Saudi royal family, has combined forces with US President Donald Trump's son-in-law, Jared Kushner, and US investment firm Silver Lake to buy video game company Electronic Arts (EA) for $55 billion (47 billion) subject to final approval.

With ISO message format changes, Swift updates, and evolving fraud requirements hitting simultaneously, banks are facing a complex web of compliance demands that require immediate attention. "The regulatory agenda for money movement is probably one of the most aggressive we have," said Elaine Duff, SVP and Head of Money Movement at FIS. "It's across the globe. We're seeing the ISO message intended to help firms standardize their messaging, become more efficient, and make their operations much more standardized."

Bigger quarterly distributions can really add up over time. For serious yield hunters, the Fidelity High Dividend ETF ( NYSEARCA:FDVV) is a terrific pick in 2025. First and foremost, the FDVV features a trailing 12-month distribution yield of 3.1%. That's not a guarantee of the fund's future yield, but the Fidelity High Dividend ETF has been consistent in rewarding its loyal shareholders over the long term.

I think this is going to be the greatest comeback in the history of the restaurant industry,

Working in the network infrastructure space has been foundational to my professional journey, which makes Alkira's vision for AI-era networking especially inspiring to be a part of," Hockin said in an announcement.

Nivoda, the B2B diamond and gemstone marketplace, has secured a $60 million financing facility from i80 Group to provide embedded trade credit to jewellery retailers across more than 70 countries. The deal addresses a critical shortage of working capital in the diamond industry after traditional lenders retreated from the sector, leaving small and mid-sized retailers struggling to finance inventory purchases.

Well-known hedge funds, including Balyasny and ExodusPoint, made money last month, building on their gains as they enter the last quarter of 2025. Dmitry Balyasny's eponymous firm returned 1.3% in September, boosting its 2025 returns to 10%, a person close to the manager said. Michael Gelband's ExodusPoint continued its strong year with a 2% gain in September, according to an individual familiar with the New York-based asset manager. It's now up 12.3% for 2025.

A few days earlier, on Sept 29, Comcast said that its sitting CEO Brian Roberts will be joined by Michael Cavanagh, former president, in January. (The arrangement is being read as part of a succession plan.) And at Oracle a week before, ex-CEO Safra Catz moved into the vice-chair role, and was replaced by Clay Magouyrk, former head of Oracle Cloud Infrastructure, and Mike Sicilia, who previously ran Oracle Industries.

Nike yesterday revealed that it expects $1.5 billion in gross incremental costs, on an annualized basis, because of tariffs. That's a 50% increase from Nike's last estimate, provided in June, of $1 billion. Meanwhile, Nike's gross margin for its first fiscal quarter of 2026 decreased 320 basis points, in part due to "increased product costs, including new tariffs, and channel mix headwinds," EVP and CFO Matthew Friend said on a call with analysts.