close
close

Elon Musk increased his net worth by $30 billion in a single day after declaring “Tesla will become the most powerful company in the world”


Elon Musk increased his net worth by  billion in a single day after declaring “Tesla will become the most powerful company in the world”

Elon Musk, already the world's richest man, saw his wealth jump by a staggering $34 billion in a single day on Thursday, cementing his lead at the top of the ultra-rich rankings. The rise in his net worth followed a blockbuster earnings report from Tesla that sent the company's stock soaring 22%, marking its best […]

Mike Jeffries' difficult history with Abercrombie


Mike Jeffries' difficult history with Abercrombie

Millennials: You'll remember visiting Abercrombie & Fitch in the late '90s and early 2000s. Loud, blaring music, perfume so strong it was hard to think straight, and posters of half-naked men were all part of the experience – and the desire to feel “cool.” David Turner/WWD/Penske Media – Getty Images Mike Jeffries, the former CEO […]

Former Abercrombie CEO arrested on allegations of forcing men to have sex with him


Former Abercrombie CEO arrested on allegations of forcing men to have sex with him

Longtime former Abercrombie CEO Mike Jeffries and his partner Matthew Smith were arrested Tuesday in Florida in connection with sex trafficking charges, Breon Peace, U.S. attorney for the Eastern District of New York, announced in a news conference Tuesday. According to the indictment, Jeffries, Smith and one of their associates, James Jacobson, ran an international […]