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In late 2021, Bree and Wes Moss started mapping out a year of travel with their 8-year-old daughter, Sailor.Times hadn’t been easy for the family. Wes’ father had died suddenly, and as they tried to process their grief, they were ready to take a break from their hometown of Punta Gorda, Florida.They spent a few months traveling around Thailand, visiting places like Phuket, Chiang Mai, and Bangkok. But eventually, they began looking for somewhere they could stay longer.”I’d read something about Koh Samui being like a little Hawaii, and I thought we should go and try it,” Wes, 44, told…

Nicole Daedone, founder and former CEO of OneTaste, departs Brooklyn federal court on June 13, 2023, in New York. Daedone and the company’s former head of sales, Rachel Cherwitz, were convicted on forced labor conspiracy charges. Jeenah Moon/AP hide caption toggle caption Jeenah Moon/AP This story mentions sexual assault and includes descriptions of sexual acts. Two former executives of the sexual wellness company OneTaste that promoted the practice of “orgasmic meditation” were convicted this week in federal court on forced labor conspiracy charges. Company founder Nicole Daedone and former head of sales, Rachel Cherwitz, were found guilty on Monday of…

Jamie Dimon has a tip for improving workplace culture quickly: “Fire the assholes.”Speaking on Wednesday at the Databricks Data & AI Summit, Dimon took a question about “general leadership advice” for ensuring the next generation of workers is prepared to take the helm in an age of AI, constant distractions from their phones, and working from home.The JPMorgan Chase & Co. CEO responded that it starts with a “constant and honest assessment of everything” from your customer base to your regulatory environment. Still, he stressed that while that assessment requires discipline, it’s key to maintain “heart and humanity” as well.”You…

Protesters confront National Guard soldiers and police outside of a federal building as protests continue in Los Angeles following three days of clashes with police after a series of immigration raids on June 09, 2025, in Los Angeles. Spencer Platt/Getty Images hide caption toggle caption Spencer Platt/Getty Images Protesters confront National Guard soldiers and police outside of a federal building as protests continue in Los Angeles following three days of clashes with police after a series of immigration raids on June 09, 2025, in Los Angeles. Spencer Platt/Getty Images The White House’s message on what’s happening in Los Angeles is…

President Donald Trump’s former Secretary of Commerce doesn’t think the trade deal between the US and China is close to being “done.””It looks as though they made a fairly modest deal, mostly focusing on export controls on both the US side and the China side,” Wilbur Ross, who was part of the first Trump administration, told Business Insider. “So it’s far from a comprehensive deal.”On Wednesday morning, Trump said on Truth Social that the deal with China is now “done.””It seems more or less to be reiterating the deal they thought they had set a few weeks ago,” Ross said…

(Left to right) EY partner Mark Kronforst, SEC acting chief accountant Ryan Wolfe and FASB chair Richard Jones at the Financial Executives International and USC Leventhal conference. The Securities and Exchange Commission is already making plans in the event that the massive tax bill now moving through Congress ends up shifting the Public Company Accounting Oversight Board’s duties to the SEC.In late May, the House passed far-reaching tax and spending legislation that included a provision transferring the PCAOB’s responsibilities to the SEC. The so-called One Big Beautiful Bill is now in the hands of the Senate, where much of it…

Health and Human Services Secretary Robert F. Kennedy Jr. on Wednesday named eight new members to a crucial government panel of vaccine advisors after firing the entire group just days earlier. His picks include some well-known vaccine critics, including Dr. Robert Malone.The new members will join the Advisory Committee on Immunization Practices, or ACIP, which advises the Centers for Disease Control and Prevention. The group reviews vaccine data and makes recommendations that determine who is eligible for shots and whether insurers should cover them, among other efforts.The CDC director has to sign off on those recommendations for them to become official…

Dropbox’s CEO reads a lot of business books but credits four with making him a better business leader.Drew Houston cofounded Dropbox in 2007 and has been CEO since.In the nearly 20 years he’s been at the helm of the cloud storage company, a few books have been instrumental in shaping his approach to business leadership and management, he says.He was influenced by “a lot of the classics,” he said during an episode of Fortune’s “Leadership Next” podcast released Wednesday.One of his favorites is “The Effective Executive” by Peter Drucker. Though first published in 1966, the book shares timeless insights that…

U.S. accountants who advise small and midsized businesses are feeling less confident this year, according to a new survey.The 2025 Avalara Accountants Confidence Report, produced by Avalara in conjunction with CPA Trendlines, polled 623 accounting professionals and found a shift from cautious optimism to greater pessimism, thanks to various economic pressures and policy uncertainty. Between January and April, the net sentiment among accountants swung from a positive 19% to a negative 39%. Initially, nearly half (47%) of advisors foresaw improving conditions. But by April, only 25% held this view, with nearly two-thirds (64%) expecting worsening economic environments. The shift signifies…

Republican senators are considering placing a $30,000 cap on the state and local tax deduction as a compromise between current law and the more generous limit in the House’s version of President Donald Trump’s tax bill, a key GOP negotiator said.Senator Thom Tillis, a moderate Republican involved in the talks, said Republican senators are trying to reduce the House-passed $40,000 SALT limit to at least $30,000. Republican senators are meeting behind closed doors Wednesday afternoon to discuss the details of the bill, which the Senate is aiming to pass later this month. SALT was a core issue in the House, where Republicans…