A Chinese education executive has reportedly lost $15 billion since January, with the latest blow coming as China extends its corporate crackdown to the private-tutoring sector

Richard Drew/AP Photo Larry Chen was once one of the world’s richest people after founding online-tutoring company Gaotu Techedu Inc. But the executive has lost nearly $15 billion since late January as shares of Gaotu tumble, according to Bloomberg. China’s corporate crackdown on education companies has been the latest blow to Gatou and Chen’s’ fortune. […]


The Nordstrom Anniversary Sale starts in 2 days – here are the best deals sitewide including Nike, La Mer, and more

When you buy through our links, Insider may earn an affiliate commission. Learn more. Nordstrom Nordstrom’s Anniversary Sale runs from July 28 to August 8, but cardholders can shop early now. Below, we’ve rounded up the best deals on men’s style, women’s style, and beauty and grooming. Not a cardmember? You can preview the sale […]


Ben Affleck’s no longer ‘sad,’ as he and Jennifer Lopez spin his latest redemption story

Entertainment media was all abuzz this weekend over Ben Affleck and Jennifer Lopez going “Instagram official” with their romance, confirming themselves that they are back as Hollywood’s hot super couple. For a series of shots published on Lopez’s Instagram page, the couple engineered images that appeared designed to advertise this hotness as well as Affleck’s […]