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Billionaire Frank McCourt s TikTok bid wins key backer as he looks past app s prized algorithm

In the race to buy TikTok, billionaire Frank McCourt is pitching investors with a chance to create a new platform that gives users the ability to control their own data.

Saudi arabiaUnited statesFrank mccourtKirkland ellisSam chapmanSteven mnuchinProject libertyGuggenheim securitiesTreasury secretary steven mnuchin

Billionaire Frank McCourt s TikTok bid wins key backer as he looks past app s prized algorithm

Potential buyers for TikTok are circling after federal legislation was signed by President Joe Biden in April pushing ByteDance to sell the app or face a ban.

United statesSaudi arabiaFrank mccourtSam chapmanKirkland ellisSteven mnuchinBillionaire frank mccourtProject libertyGuggenheim securitiesTreasury secretary steven mnuchin

Otting takes on NYCB s chair role as turnaround proceeds

Sandro DiNello, who briefly led New York Community Bancorp amid turmoil earlier this year, is staying on the company's board. But Joseph Otting, the company's recently installed CEO, is taking on the executive chairman position.

New yorkUnited statesJames simonsCraig giffordBao nguyenScott shepherdSteven mnuchinTom cangemiYork community bancorpUs bancorpOtting at onewest bankFlagstar bancorpSignature bankSandro dinelloNew york community bancorpTreasury secretary steven mnuchin

NYCB Chief Otting Adds Chairman Title as He Remakes the Lender

NYCB Chief Otting Adds Chairman Title as He Remakes the Lender
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New yorkUnited statesSteven mnuchinAlessandro dinelloBloomberg new york community bancorpTreasury secretary steven mnuchinNew york based

Inside Donald Trump and Elon Musk s growing alliance

Donald Trump is considering an advisory role for Elon Musk in the event the former president and presumptive Republican nominee wins a second term in the White House.

United statesNew yorkEnvironmental protection agencyDistrict of columbiaWhite houseSan franciscoPalm beachFrance generalSteven mnuchinDavid sacksBrian hughesRupert murdochNelson peltzCarl icahnLos angelesIsaac perlmutter