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Amanda Gerut

Amanda Gerut

Fortune

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Warren Buffett’s Berkshire Hathaway could be prepping for pool parties packed with pizza, beer, and premium pinot noir

The conglomerate boosted its stakes in Domino’s Pizza and Pool Corp. and revealed a new position in the alcoholic beverage company known for such...

saturday 10

Fortune

Amanda Gerut

JPMorgan CEO Jamie Dimon wants to cancel some DEI spending after the bank spent billions on racial equity: ‘I was never a firm believer in bias training’

The CEO reportedly was skeptical about the amount of money spent on mitigating unconscious bias through training programs.

14.02.2025 10

Fortune

Amanda Gerut

State Department slams the brakes on potential $400 million armored Tesla purchase — ‘No government contract has been awarded to Tesla’

Tesla CEO Elon Musk earlier said he was “pretty sure” there was no deal to sell his EVs to the U.S. government.

14.02.2025 100

Fortune

Amanda Gerut

State Department might buy $400 million worth of ‘armored Teslas’ from DOGE head and Tesla CEO Elon Musk

Elon Musk, head of the DOGE and CEO of Tesla simultaneously, has said he will police his own conflicts of interest.

13.02.2025 300

Fortune

Amanda Gerut

Super Micro’s finance chief — who is leaving as soon as the company can hire someone more experienced — said delinquent financial filings were ‘a distraction’ 

Super Micro CEO Charles Liang refused to address the company’s delinquent financials but said he expects to reach $40 billion in revenues next year.

12.02.2025 10

Fortune

Amanda Gerut

Accused UnitedHealthcare CEO murderer Luigi Mangione edges closer to $500k in funds raised for his legal defense

Supporters of the 26-year-old, charged in the shooting of CEO Brian Thompson, have raised more than $300,000 since December.

11.02.2025 10

Fortune

Amanda Gerut

Salesforce just hard-launched a new COFO — battle-tested finance and operations leader Robin Washington

A veteran operator and finance chief, Washington will continue serving on the tech giant’s board in her new executive role, the company announced.

06.02.2025 4

Fortune

Amanda Gerut

Pennsylvania troopers are hunting for an assailant who swiped 100,000 organic eggs from the back of a trailer

Egg prices are soaring and thieves allegedly grabbed brunch supplies worth about $40,000 from a truck over the weekend.

05.02.2025 10

Fortune

Amanda Gerut

Tesla sales are cratering in California but there are now thousands of Cybertrucks roaring across the Golden State

Californians are registering thousands of new Cybertrucks even as there are fewer takers of the best-selling EVs in its lineup.

04.02.2025 10

Fortune

Amanda Gerut

Multiple deaths reported after fiery plane crash near Philadelphia mall

Pennsylvania Gov. Josh Shapiro said the state would marshall its resources in responding to the horrific explosion.

01.02.2025 30

Fortune

Amanda Gerut

Elon Musk claims full self driving is so advanced Tesla owners are turning it off and steering with their knees to check text messages

The advanced driver assistance feature beeps when people take their hands off the steering wheel.

30.01.2025 60

Fortune

Amanda Gerut

Tech couple that allegedly stole $60 million claimed to work with the NBA, NHL, PGA, PwC, and Coca-Cola. The SEC says it was all part of an elaborate scheme

Bay area founder Alexander Charles Beckman and his wife Valerie Lau were arrested in San Francisco and face federal charges.

26.01.2025 7

Fortune

Amanda Gerut

Tech founder and his wife allegedly stole millions to pay for a lavish wedding, a new Tesla, and private schools—while failing to even make payroll for employees

The ex-CEO of Bay Area chatbot company GameOn and his wife were arrested on Thursday following multiple charges related to misusing investor funds for...

24.01.2025 10

Fortune

Amanda Gerut

Trump swings at Bank of America CEO Brian Moynihan and JPMorgan’s Jamie Dimon at Davos: ‘What you’re doing is wrong’

Spokespeople for both banks denied political affiliation is taken into account in banking decisions.

23.01.2025 5

Fortune

Amanda Gerut

SoftBank CEO Masayoshi Son will lead massive $500 billion Stargate project with OpenAI’s Sam Altman and Oracle’s Larry Ellison

OpenAI, Oracle, SoftBank, and MGX are the lead partners in Stargate, according to OpenAI.

22.01.2025 50

Fortune

Amanda Gerut

Famed short seller with a track record for getting CEOs arrested, indicted, and charged with fraud is closing up shop

Hindenburg Research was partly responsible for the criminal and civil charges of nearly 100 individuals.

16.01.2025 20

Fortune

Amanda Gerut

Elon Musk’s lawyer said the SEC’s lawsuit against the Tesla CEO is a ‘single-count ticky tack complaint’

Musk is accused of lowballing shareholders by waiting 11 days to disclose his ownership in Twitter, saving himself at least $150 million in the...

15.01.2025 10

Fortune

Amanda Gerut

CEO at $14 billion electronics firm can’t talk about his resignation following an internal investigation

The former exec can only say “no comment” in response to queries, according to restrictive covenants with an unusual provision.

13.01.2025 10

Fortune

Amanda Gerut

Apple supplier Jabil benches its CEO as it investigates his conduct—but he’ll still collect his full $1 million salary

Kenneth “Kenny” Wilson, will serve a paid leave while the investigation continues.

13.01.2025 5

Fortune

Amanda Gerut

Legendary boxing promoter Don King slapped with $3 billion fraud and defamation suit over Rumble in the Jungle 2

The boxing promoter is accused of backing out of a 50th anniversary fight just months before tickets were set to go on sale.

05.01.2025 5

Fortune

Amanda Gerut

Loom’s founder reveals painful insecurities after selling a startup for $1 billion. — ‘I am rich and I have no idea what to do with my life.’

The former chief technology officer tried a four-week stint with Elon Musk at DOGE, but ultimately bought a one-way ticket to Hawaii to study physics.

03.01.2025 6

Fortune

Amanda Gerut

‘Higher-ups are in our pocket’ — An aviation giant with billions in military contracts admits to bribing officials in Nepal and South Africa 

AAR Corp. will pay $55 million to resolve bribery investigations by the Justice Department and Securities and Exchange Commission

20.12.2024 6

Fortune

Amanda Gerut

 ‘Dots All Folks’ — BlackRock chief investment officer Rick Rieder calls it a ‘new phase’ of the rate-cutting cycle

Markets turned noses down following hints at fewer cuts in 2025.

19.12.2024 6

Fortune

Amanda Gerut

Nissan and Honda consider merger to take on world’s biggest carmaker

A deal would effectively consolidate the Japanese auto industry into two main camps.

18.12.2024 10

Fortune

Amanda Gerut

The killing of UnitedHealthcare’s CEO highlights a terrifying reality: 3D-printed ‘ghost guns’ are all over

A government report revealed the number of ghost firearms recovered by police in criminal cases rose 1,000% from 2017 to 2021.

12.12.2024 5

Fortune

Amanda Gerut

‘Most powerful woman on Wall Street’ Sallie Krawcheck steps down as Ellevest CEO following a recent diagnosis

Krawcheck will transition into a board role to focus on her health, she posted.

11.12.2024 10

Fortune

Amanda Gerut

Luigi Mangione, the 26-year-old suspected UnitedHealthcare CEO shooter, faces charges for firearms, forgery, and records tampering

Police say Mangione grew quiet and “started to shake” when they asked if he had been to New York recently.

10.12.2024 10

Fortune

Amanda Gerut

The killing of UnitedHealthcare’s CEO follows years of mounting fear about executive safety

CEO Brian Thompson was gunned down early Wednesday morning in Manhattan.

04.12.2024 3

Fortune

Amanda Gerut

The lawyers who took on Tesla and Elon Musk wanted $5.6 billion for winning the case. In a lawsuit about excessive pay, ‘That was a bold ask,’ said the judge. 

The fee would have been 17 times the size of the largest fee in Delaware history.

04.12.2024 5

Fortune

Amanda Gerut

The 4 ‘fatal flaws’ in Tesla’s bid to award Elon Musk $100 billion, according to the judge who dashed his pay

Defendants who lose at trial can’t just “hit reset” with a new stockholder vote, the chancellor concluded.

04.12.2024 4

Fortune

Amanda Gerut

Super Micro whistleblower doubles down on claim he was fired for complaining about accounting practices at the $20 billion tech giant

The company has denied allegations of improprieties and given its accounting a clean bill of health.

03.12.2024 1

Fortune

Amanda Gerut

Tesla excluded from EV buyer credits in California proposal

Tensions between Musk and Newsom have been strained for years.

26.11.2024 30

Fortune

Amanda Gerut

A billionaire titan and the former third-wealthiest person in the world was just charged in a mammoth $2 billion bribery scheme

The alleged plot involved code names, PowerPoints, and bribe notes as a way to pay out hundreds of millions in bribes to government officials,...

21.11.2024 10

Fortune

Amanda Gerut

Two brothers were indicted for running a streaming service with live NFL, NBA, and NHL games—for as little as $10 a month

Authorities pegged the economic harm done by the illegal streamers at more than $100 million

20.11.2024 4

Fortune

Amanda Gerut

Super Micro just hired a new auditor that might save it from getting the boot from Nasdaq

The Nvidia-adjacent server maker hired BDO USA after its former auditor quit because it couldn’t trust the management team or the board of...

19.11.2024 5

Fortune

Amanda Gerut

Chipotle’s new CEO Scott Boatwright will make millions leading the chain—but only half as much as ex-CEO Brian Niccol

Boatwright joined Chipotle in 2017 after spending 18 years at rival Arby’s Restaurant Group.

13.11.2024 3

Fortune

Amanda Gerut

Authorities in Texas discovered more than 2,000 pounds of meth stuffed into spicy chili peppers 

U.S. Customs and Border Protection said the narcotics has a street value of $31 million.

13.11.2024 5

Fortune

Amanda Gerut

YouTube viewers guzzled 84 million hours of Presidential Election Day news

More than 80% of total watch time across all broadcasts was streamed on YouTube, new data shows.

07.11.2024 10

Fortune

Amanda Gerut

Trump prematurely claims victory as Harris camp says votes are still being counted

Several outlets calling the race still say it's too close to call.

06.11.2024 8

Fortune

Amanda Gerut

Police say they are ‘not aware of anything’ after Donald Trump claims ‘massive CHEATING’ in a key swing state

Just before 5 p.m. ET on Election Day, the Republican nominee said law enforcement was “coming.”

06.11.2024 60

Fortune

Amanda Gerut

Inside Super Micro’s wake-up call: After riding the AI wave, the $20 billion tech giant is crashing back to earth amid a financial crisis and family drama

Auditor Ernst & Young just walked out in the middle of auditing Charles Liang’s tech giant, but Super Micro disagrees with EY’s decision to quit.

31.10.2024 10

Fortune

Amanda Gerut

Sheriff of Wall Street praises Kamala Harris as a ‘fierce warrior’ with the ‘courage to take on the big banks’

Harris previously went mano-a-mano with JPMorgan Chase CEO Jamie Dimon.

30.10.2024 3

Fortune

Amanda Gerut

Dress for Less? Try $75M: Ross offers massive package to woo Boot Barn’s CEO

The $48 billion retailer has hired James Conroy as its next chief executive.

29.10.2024 3

Fortune

Amanda Gerut

As Tesla CEO Elon Musk continues to bash California and stump for Trump, West Coasters are getting revenge

Californiacs are turning their noses up at Tesla.

26.10.2024 10

Fortune

Amanda Gerut

Singaporean firms whose ship ignited the Baltimore Bridge catastrophe fined $100 million 

The nightmare shipwreck resulted in the deaths of six people, and brought shipping to a complete halt.

25.10.2024 9

Fortune

Amanda Gerut

Elon Musk says the Tesla Roadster is still delayed with no release in sight—but now he’s talking about making Peter Thiel’s flying car a reality

The electric vehicle maker CEO urged patience, as Tesla focuses on both saving the world and building cars.

24.10.2024 6

Fortune

Amanda Gerut

Rapper Eminem, frequent Trump basher, stumps for Kamala Harris

The songwriter introduced former President Barack Obama in a surprise drop in at a rally in Detroit, Mich.

23.10.2024 10

Fortune

Amanda Gerut

Billionaire investor is licking his wounds after selling Nvidia

Stanley Druckenmiller said he made a mistake selling the AI stock. Big. Huge.

18.10.2024 4

Fortune

Amanda Gerut

Billionaire investor Stanley Druckenmiller says market appears ‘very convinced Trump is going to win’

The famed investor predicts there will be a red sweep in government if Trump is the victor next month.

18.10.2024 3

Fortune

Amanda Gerut

They were sued over grants for Black entrepreneurs. Now, these CEOs are raising millions to fund small businesses

Conservative activists targeted the Fearless Fund and fintech Hello Alice. The suits are behind them and the funds are back in action.

17.10.2024 3

Fortune

Amanda Gerut