Author: Megan Burrows

On a recent Tuesday afternoon, every Elroq in the parking lot outside a Skoda dealership in a mid-sized German town—the kind of location that seldom makes headlines—had a sold sticker in its windshield. It wasn’t being filmed for social media. There were no tweets about it. In an odd way, that tells you nearly everything about the current state of the European electric vehicle market. Even by themselves, the headline numbers are striking. In the spring, battery-electric cars accounted for more than 23% of all new car registrations in Europe, with sales increasing by 42% annually. That is not a…

Someone will eventually bring up the same grievance at any UK fintech meetup these days: their bank refused to allow the transfer. The bank, not the wallet or the exchange. It’s a common joke among Britons who are interested in cryptocurrency, and it’s likely the most overlooked consideration when deciding where to trade. It doesn’t really matter if NatWest determines that your payment appears suspicious, even if you choose the platform with the cheapest fees and the most user-friendly interface. Any fair comparison of UK cryptocurrency platforms must take this tension into account. People who have been trading for a…

These days, you notice a different kind of investor in UK cryptocurrency forums than you did five years ago. The majority of traders back then were young men who traded on unregulated offshore apps at two in the morning while the lights were off, chasing candlestick patterns. Now, on a Tuesday lunch break, someone is using the stocks and shares ISA app and looking at a Bitcoin ETN that appears to belong next to their index funds. Although it’s a minor change, it reveals more about the current state of the market. Most professionals in the field concur that October…

The story of Kris Marszalek, the serial entrepreneur who co-founded Crypto.com out of a Singapore office in 2016 and rode the digital asset wave to a personal fortune estimated at around $700 million, is one that is frequently told in cryptocurrency circles. Insofar as it goes, that version is correct. It usually omits the part where he filed for bankruptcy at the age of thirty, with court records detailing company cash transfers and a judge pointing out that attempts might have been made to deprive the company of money before its demise. The majority of billionaire biographies include a difficult…

Luka Dončić made a business decision in November 2018 that would take four years to resolve, somewhere between his first NBA preseason games at the American Airlines Center in Dallas and the adjustments that come with being nineteen years old in a foreign country. In writing, he granted his mother, Mirjam Poterbin, permission to register “LUKA DONCIC 7” as a trademark in the US. At the time, the reasoning was not irrational. Since he joined Real Madrid’s youth academy at the age of thirteen, she had been overseeing parts of his business life. The parent who remained closest to his…

Breach of healthcare data is more serious than regular corporate security lapses. It is inconvenient when a retailer misplaces your email address. The consequences of a hospital network losing your Social Security number, insurance information, and medical records can last for years, manifesting as credit reports that take months to resolve, fraudulent accounts, and inaccurate medical histories. The $14 million class action settlement from McLaren Health Care Corporation must be interpreted in light of this. In consecutive summers, McLaren, a nonprofit health system with 14 hospitals and more than 250 locations throughout Michigan, experienced two distinct data breaches. The first…

A version of the Gerwyn Price story starts with him throwing darts for the local organization Markham Welfare in a pub in a small town in South Wales. That version is true, but it leaves out the more intriguing detail: Price played professional rugby for years as a hooker, grinding through Welsh Premier Division games at Neath and Cross Keys, with a brief stint at Glasgow Warriors in the Pro12 that went nowhere in particular, before the oche and the walk-on to Ice Ice Baby in arenas across Europe. By all standards, he was a capable rugby player. He would…

Devin Nunes’s financial journey has an almost cinematic quality. Growing up on a dairy farm in Tulare County, California, the man’s net worth during his ten years in Congress barely exceeded $100,000, primarily due to holdings in two Napa Valley wine companies. He left that decade of public service to take the helm of one of the most politically charged media endeavors in recent American history. A truly bizarre tale is revealed by the numbers, and the narrative is still developing. Nunes had a modest financial profile when he left the House in January 2022 to take the top position…

Some executives don’t make news until they absolutely must. Before Boeing’s board called in the summer of 2024 for what was by all accounts one of the most difficult turnaround jobs in American corporate history, Kelly Ortberg had spent about thirty years establishing a reputation in the aerospace industry as a patient, operationally focused individual who understood both the engineering and the spreadsheet. Depending on which SEC filings and stock valuations you look at, his net worth ranges from $29 million to $37 million, reflecting a career spent doing unglamorous things really well. Some untangling of the numbers is necessary.…

During the Real Housewives of Beverly Hills season nine reunion, Camille Grammer said something that cuts through the clutter more effectively than any legal document. “I just didn’t sit back, buying fancy clothes and shoving bonbons in my face,” she said, sitting across from Andy Cohen, looking calm but obviously prepared for a fight. I really put in a lot of effort.” It was the kind of statement that only makes sense when the speaker truly believes it, and by most accounts, she had every reason to do so. When Camille and Kelsey Grammer’s divorce was finalized in February 2011,…