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Demonstrators holding signs in support of minority voting rights stand outside the U.S. Supreme Court in Washington, D.C., in March. Jemal Countess/Getty Images for Legal Defense Fund hide caption toggle caption Jemal Countess/Getty Images for Legal Defense Fund A major redistricting case returning to the U.S. Supreme Court on Wednesday could not only determine the fate of the federal Voting Rights Act, but also unlock a path for Republicans to pick up a slew of additional congressional seats. If the high court overturns the act’s Section 2 — a provision that bans racial discrimination in voting — GOP-controlled states could…

MacKenzie Scott has sold nearly half her Amazon stake, according to a filing disclosed this week.A regulatory filing with the SEC, filed Tuesday and dated September 30, shows that Scott’s ex-husband, Amazon founder Jeff Bezos, reported holding 81.1 million shares on Scott’s behalf.That’s down from about 139 million shares a year earlier and one of the steepest drops since the couple split in 2019. At Tuesday’s closing share price, the reduction is equivalent to roughly $12.6 billion.The filing doesn’t specify whether the decline reflects stock sales, charitable transfers, or both, but it marks a major shift for one of the…

Ted Pick, CEO of Morgan Stanley speaks on CNBC’s Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 23, 2025.Gerry Miller | CNBCMorgan Stanley on Wednesday posted third-quarter earnings that topped expectations by the largest margin in nearly five years. Here’s what the company reported:Earnings per share: $2.80 vs. $2.10 LSEG estimateRevenue: $18.22 billion vs. expected $16.70 billionThe bank said profit surged 45% from a year earlier to $4.61 billion, or $2.80 per share. Revenue rose 18% to a record $18.22 billion.Wall Street trading desks have seen booming activity in the quarter, while investment banking continues to…

LONDON, ENGLAND – MAY 18: Minority shareholder of Chelsea, Alexis Ohanian during The Adobe Women’s FA Cup Final match between Chelsea and Manchester United at Wembley Stadium on May 18, 2025 in London, England (Photo by Eddie Keogh – The FA/The FA via Getty Images)Eddie Keogh – The Fa | The Fa Collection | Getty ImagesAlexis Ohanian is expanding his investment portfolio in women’s sports with a new stake in professional women’s volleyball.League One Volleyball (LOVB) announced on Wednesday that Ohanian’s investment firm, Seven Seven Six, will lead the ownership group of a new professional team, LOVB Los Angeles Volleyball.…

This as-told-to essay is based on a conversation with Hung Nguyen, 21, who is from Vietnam and based in Australia. He works for an AI-powered loan comparison company. His employment, education, and former internships have been verified by Business Insider. This piece has been edited for length and clarity.When I did my three-month internship with LoanOptions.ai in Sydney, I didn’t do anyone’s photocopying or make tea and coffee. I worked on projects.Managers complimented my work ethic on several occasions, which I demonstrated by being in the office on time every day and finishing everything I started. The hard work paid…

Neutrals instead of colors. An earlier alarm in the morning. A new coffee habit.Wilma Ramony de Souza spent 14 years at JPMorgan and switched from the São Paulo branch to a New York City office in 2019 as a vice president. Though de Souza, 37, would often travel to New York during her years working in Brazil, she said the differences in office culture at 383 Madison Avenue still hit her hard when she arrived.”How do you behave? How do you take calls? How do you talk to people? How do you go to meetings?” de Souza said, remembering how…

About four years ago, Josef Menasche was working at a boutique secondaries firm on a deal alongside Goldman Sachs bankers. He came away convinced that his industry, which deals in sales of private fund stakes, was headed for change.So he called Goldman and said, “Hey, you should just hire me because we already had a great working dynamic on this deal. Wouldn’t it be better if we were actually working together?”He joined the bank’s secondaries business at the end of 2021 and today is a managing director and global cohead of secondaries advisory. He said 2025 has been a turning…

This file photo shows bitcoin tokens in Sandy, Utah. Rick Bowmer/AP hide caption toggle caption Rick Bowmer/AP The U.S. government has seized bitcoin worth nearly $15 billion and charged a joint U.K.-Cambodian businessman, Prince Holding Group Chairman Chen Zhu, with wire fraud and money laundering. The Justice Department says the bitcoin is currently in U.S. government custody and calls the seizure the “largest forfeiture action” in the department’s history. In an indictment unsealed on Tuesday in federal court in Brooklyn, N. Y., prosecutors allege that Chen and unnamed co-conspirators exploited forced labor at cyber scam centers in Cambodia, bilking would-be…

U.S. Supreme Court Police direct visitors from behind security barriers in front of court building, which is obscured in construction scaffolding, on the first day of the Court’s new term on Oct. 6 in Washington, D.C. Chip Somodevilla/Getty Images hide caption toggle caption Chip Somodevilla/Getty Images In 1965, President Lyndon Johnson signed the landmark Voting Rights Act. declaring that “today is a triumph for freedom as huge as any victory that has ever been won on any battlefield.” But over the last 12 years, the increasingly conservative Supreme Court has hollowed out that law, leaving only one major provision standing.…

Kim Dhatt, a 34-year-old recruitment specialist, was in a relationship with her ex-partner for four years. When they first got together, he earned slightly more than she did, and the difference didn’t bother either of them. After a series of promotions over 18 months, her salary tripled — and then he couldn’t deal, Dhatt says.Her partner’s self-worth was tied directly to his income, and it eroded as her salary grew, Dhatt tells me. He insisted on splitting costs 50-50, leaving her with a disposable income that she wanted to spend on nice things but felt like she couldn’t. When she…