Mueller recommends a prison sentence of up to 24.5 years for Paul Manafort after a federal judge voided his plea deal for lying to investigators

Mueller recommends a prison sentence of up to 24.5 years for Paul Manafort after a federal judge voided his plea deal for lying to investigators

The special counsel Robert Mueller’s office recommended a sentence of 19.58 to 24.41 years in prison for Paul Manafort, the former chairman of President Donald Trump’s 2016 campaign, in a sentencing memo unsealed Friday. “In the end, Manafort acted for more than a decade as if he were above the law, and deprived the federal…

Nasdaq and NYSE are suing their regulator over a pilot they say could put some ETFs out of business

Nasdaq and NYSE are suing their regulator over a pilot they say could put some ETFs out of business

The two largest US stock exchanges have filed lawsuits against their own regulator. NYSE and Nasdaq both filed suits against the Securities and Exchange Commission this week for what they say is an u nfair pilot program the regulator plans to launch examining their pricing model for transaction fees and rebates. The Transaction Fee Pilot,…

An angry landlord is leading calls for an Amazon boycott after the company canceled its HQ2 plans for New York City

An angry landlord is leading calls for an Amazon boycott after the company canceled its HQ2 plans for New York City

A Long Island City landlord has launched a boycott effort against Amazon after the e-commerce giant announced it had pulled out of its New York City HQ2 project on Thursday. Sam Musovic, who owns apartments close to Amazon’s proposed headquarters in Queens, said in a press release on Friday that he and a group of…

Here’s the pitch deck that helped employee rewards startup Zestful raise a $1.2 million seed round before it had any customers

Here’s the pitch deck that helped employee rewards startup Zestful raise a $1.2 million seed round before it had any customers

When Mat Vogels started raising a seed round for his employee rewards startup Zestful, his company had no customers. But as he told Business Insider in a recent interview, that was completely by design. Vogels said before setting out to fundraise, he had conversations with 50-100 startup founders who had recently raised their seed rounds…

No right answer to rent-or-buy debate. But there’s no question who ends up ahead

No right answer to rent-or-buy debate. But there’s no question who ends up ahead

To buy or not to buy, that is the question. A recent report by the National Bank of Canada suggests it might be cheaper to rent than to own in some expensive real estate markets in Canada. Many thus wonder whether they might be better off renting if the monthly rental payments are lower than…

The ‘bulletproof’ retirement plan: Why this Alberta man can stop worrying about losing his job

The ‘bulletproof’ retirement plan: Why this Alberta man can stop worrying about losing his job

In Alberta, a man we’ll call Fred, 55, has thrived in his career as a marketing researcher, building up net worth of $952,500 on a salary of $8,150 per month before tax and $5,298 after tax and benefits deductions. He lives in a $250,000 condo and has a foreign rental property with an estimated value…

The true, raw story of how I raised a boatload of money at age 19 to build a billion-dollar company — then failed

The true, raw story of how I raised a boatload of money at age 19 to build a billion-dollar company — then failed

This post was originally published on Medium. In 2011 I left my job as the second employee at Pinterest — before I vested any of my stock — to work on what I thought would be my life’s work. Gumroad would become a billion-dollar company, with hundreds of employees. It would IPO, and I would…

23andMe is upending how we find new drugs, and the CEO says 13 are now in early trials

23andMe is upending how we find new drugs, and the CEO says 13 are now in early trials

Could 23andMe-branded drugs one day grace the shelves of your medicine cabinet? Anne Wojcicki, the cofounder and CEO of the Silicon Valley genetic testing startup, said it would be a “source of pride” if that happened. Her comments came during a panel at a health and tech conference organized by the Wall Street Journal. 23andMe…

The shock surge in US car-loan delinquencies gives a clue why the Fed is treading carefully even in a booming economy

The shock surge in US car-loan delinquencies gives a clue why the Fed is treading carefully even in a booming economy

In his State of the Union speech this month, US President Donald Trump cited low unemployment and positive growth in manufacturing jobs as evidence of an “economic miracle” underway in America. But the Federal Reserve, which is pausing its plan to raise interest rates for now, is most likely using other yard sticks to gauge…

A judge ruled that Paul Manafort lied to prosecutors after striking a plea deal with Mueller

A judge ruled that Paul Manafort lied to prosecutors after striking a plea deal with Mueller

US District Judge Amy Berman Jackson ruled Wednesday that Paul Manafort, the former chairman of President Donald Trump’s campaign, lied to prosecutors in three out of five instances outlined by the special counsel Robert Mueller’s office. Manafort lied after striking a plea deal with Mueller’s team last year, following a conviction on several counts of…