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Proptech firm Opendoor lays off 550 employees amid challenging market
Proptech platform Opendoor has laid off nearly 550 employees, or 18 percent of its workforce, as th…
Eric Swalwell slams House GOP for moving against Ilhan Omar after supporting the openly anti-semitic Kanye West
"So don't come here looking at us for antisemitism," the California Democrat said on the House floo…
Brent D. Griffiths
The cooldown in home prices was a 'once-in-40-years' move, worse than the 2008 crisis that foiled algorithms, said the CEO of America's largest home-flipper
Home-flipping company Opendoor tried to make predictions based on prior data, but the speed of the …
Jordan Pandy
Opendoor says it will cut 550 employees as the $1.5 billion home-flipping company struggles to turn a profit
The firm is coping with a cool housing market by slashing prices, offering concessions to homebuyer…
Daniel Geiger
The FTC just slapped Opendoor with a $62 million fine for 'misleading' customers about the true costs of its home-buying business
The FTC says that Opendoor told customers they would make more money by selling to it instead of to…
Alex Nicoll
Executive pay soared during the pandemic, widening the gulf between CEOs and employees. These were the 5 execs who received the largest pay packages in 2020.
Not only is the gulf between employee and executive pay widening, but executive compensation skyroc…
Avery Hartmans
SoftBank-backed iBuyer Opendoor just slashed 35% of staff after the coronavirus forced the startup to halt its home-flipping operations
"Given the shelter-in-place guidelines, we've seen declines in the number of people buying, selling…
Alex Nicoll
Inside the ultra-exclusive home-swapping app Kindred — which has a 'Raya-type' invite-only membership and a rapidly growing waitlist
Kindred gives home-swapping the (fancy) app treatment. It is a members-only club, and the easiest w…
Emily Carmichael
Uber CEO: CEOs are paid too much
Dara Khosrowshahi earned just over $12 million in 2020. Several CEOs took home more than $100 milli…
Tim Levin
Elon Musk received $6.7 billion in compensation in 2020, eleven times more than the second highest-paid US CEO
Musk's compensation is so off the charts that Bloomerg, which compiled pay data, created a special …
Stephen Jones
Black Americans living abroad reflect on celebrating Juneteenth away from home: 'I realized we really need a community'
There are no official statistics tracking Black Americans moving abroad, but many opted not to retu…
Associated Press
The Smithsonian released a 129-song track list to their rap anthology, showing the genre's evolution over the past 4 decades
The 129-song tracklist features cultural giants from the last four decades, such as Sugar Hill Gang…
Taiyler Simone Mitchell
How 7 different actors' workout routines got them ready for intense movie and TV roles
Hollywood stars from J. Lo to ScarJo transform their bodies to play characters. Find out how custom…
Meredith Geaghan-Breiner,Ben …
A Chinatown restaurant was looted during protests after a troll spread allegedly fake racist messages from the owner, highlighting the complicated relationship between Black and Asian Americans
A racist troll, a dim sum restaurant, and police brutality are the makings of a strangely familiar …
Irene Jiang
White Castle is going all out to lure millennials and teens - and McDonald's, Burger King, and KFC should be scared
This was no ordinary evening at the Brooklyn White Castle. Coles - better known by his stage name G…
Leanna Garfield,Sarah Jacobs
10 Things in Politics: GOP shocks Dems in Virginia
And the CDC gives the OK to COVID-19 vaccination for kids ages 5 to 11.
Brent D. Griffiths
A Silicon Valley startup that flips houses just got valued at $1 billion
Earlier this year London property crowdfunding startup Property Partners - which fronts up the cash…
Hannah Roberts
JPMorgan just promoted 117 people in its corporate and investment banking unit to managing director - and we got the full list
"Achieving the MD distinction does not come easily, but is earned through dedication to clients and…
Dakin Campbell
Bears head coach Matt Nagy under fire for play-calling before missed game-winning field goal attempt
Trailing the Chargers 17-16 with just 93 seconds remaining in the game, Chicago got the ball back a…
Tyler Lauletta
This portable air filter is like a Brita for your personal space
There is little data on how Wynd's effectiveness compares to competitor purifiers. However, the com…