Forbes

Daniella Pierson has cozied up to everyone from Diane von Furstenberg to Selena Gomez, burnishing her image as her businesses unraveled. A case study in how hubris is bad for business. (Photo: Jamel Toppin for Forbes) https://lnkd.in/edwjxwAJ

Home improvement tycoon William Belo’s net worth slumped over 40% to $520 million as shares of his big-box retailer Wilcon Depot sank to an eight-year low in April amid sluggish demand. In the first quarter, the company had net income of 536 million pesos ($9.5 million), down 28% year-on-year partly due to the cost of new store openings, while sales edged up to 8.4 billion pesos.

Even in the face of lingering public doubts about the value of a college degree, the majority of American parents still want their children to attend college according to a new survey conducted by Gallup and the Lumina Foundation.

A five-year losing streak at JG Summit Holdings’ petrochemicals unit, which racked up losses of roughly 50 billion pesos ($88 million), prompted president and CEO Lance Gokongwei to make the tough call of shutting down operations for at least two years, starting January.

With the government doubling down on increasing internet access across the archipelago, shares of broadband services provider Converge ICT Solutions have been on a tear, zooming nearly two-thirds in the past year. The net worth of the company’s cofounders, husband and wife Dennis Anthony and Maria Grace Uy—CEO and president, respectively—climbed 74% to $1.6 billion, placing them at No. 16 on the Philippines’ Richest 2025 list.

The fight over how much money the IRS can spend—and how they can spend it—resulted in clawbacks and restrictions. A Treasury Inspector General for Tax Administration (TIGTA) report looks at how much money has actually been spent.

Thomas Crowley Jr., the third generation to run Crowley Maritime, has figured out how to navigate the U.S.’ protectionist laws.

Remote work is far from dead. Regardless of your career goals or specialism, you’ll be sure to find a wide scope for opportunity here: https://trib.al/ejHWeCi

As your internship comes to an end, here are four tips you can use to stand out and finish strong. https://trib.al/DNT1jHf

The cult canned iced tea and vodka beverage, led by Clement Pappas and Matt Quigley, could bring in $300 million this year—in the golden age of ready-to-drink cocktails. Read more: https://trib.al/qXEDAk5 (Photo: Surfside)