The value of former Nvidia CEO Jensen Huang’s stock holdings in the tech company have plunged more than $20 billion this week. A September Securities and Exchange Commission filing showed Huang reporting beneficial ownership of approximately 811.5 million Nvidia shares, including about 70.1 million shares held directly and hundreds of…

Nvidia’s Board of Directors has approached Rene Haas, the CEO of British chipmaker Arm, in its search for the successor to Jensen Huang, according to a report from the Financial Times.  The outlet reported Friday that Haas, who had led Arm since 2022, spent seven years working at Nvidia more…

The Social Security Administration (SSA) revealed last month the annual cost-of-living adjustment (COLA) for 2027, which will give a boost to beneficiaries’ monthly checks amid stubborn inflation. The COLA will boost benefit checks by 3.6% in 2027, starting with payments distributed for January. That increase will amount to an average…

American households can avoid common estate planning pitfalls by ensuring they have conversations about how the process will play out upon a loved one’s death. Lorne Maltenfort, national director of private wealth planning at Wells Fargo, told FOX Business that there are two parts, in particular, of a wealth transfer…

Microsoft’s suite of workplace products — including its Outlook email service and Copilot AI assistant — remained severely disrupted Friday as a global outage dragged into its second day, hampering everyday operations for major businesses and millions of users worldwide. Microsoft ruled out the possibility of a hack or other…

Ford Motor Co. is opening the doors to a massive new archive outside Detroit, bringing roughly 150 historic vehicles, concept cars and racing machines under one roof. The 79,000-square-foot Ford Vault opens Friday and consolidates vehicles previously stored across several locations in southeast Michigan, giving employees and visitors a firsthand…

Costco is recalling cans of its house-branded heavy whipped cream just ahead of Thanksgiving, when many Americans are expected to use the holiday staple to top off their pumpkin pie. A voluntary recall was issued for certain cans of Kirkland Signature Real Heavy Whipped Cream because they may contain a…

Federal authorities and private-sector partners have frozen more than $2.7 billion in cryptocurrency stolen during a massive North Korean cyberattack on Binance, as the exchange said it had fully covered assets affected by the multibillion-dollar breach last month. The Justice Department said Thursday that the frozen funds were part of…

Nvidia’s appointment of Colette Kress as interim CEO puts one of the most powerful women in tech at the helm of the company whose chips and computing systems have become the backbone of the artificial intelligence boom. The major leadership shakeup Thursday followed the board’s ouster of CEO Jensen Huang…

Nvidia’s longtime CEO and founder Jensen Huang resigned Thursday after reports he engaged in numerous extramarital affairs, including with one woman suspected of being a Chinese spy. The mercurial executive’s dominant position in his company, paired with Nvidia’s tentpole status as a central node in the increasingly-foundational economic sector of…