- + 17,000-company study of COVID greedflation shows most profited from cost-of-living crisis—Businesses saw their profit margins spike by 30% compared with the pre-COVID period, stoking claims of profiteering by big firms. Read More [Category...
- + ‘Weekend at Bernie’s’ or ‘One Flew Over the Cuckoo’s Nest’——Anthony Scaramucci breaks down Trump vs. Biden in 2024—A second Trump presidency would mean “an orange wrecking ball for this society,” said the man who lasted 11 days in the White House on Thursday. Re...
- + North Koreans stole Americans' identities and took remote-work tech jobs at Fortune 500 companies, DOJ says—The Justice Department says the conspiracy has affected more than 300 companies — including a high-end retail chain and “premier Silicon Valley techno...
- + The ultra-exclusive $100 billion club has swelled to an unprecedented 15 members—CEO Elon Musk, 52, has a net worth of $187 billion and ranks the third on the index. Read More [Category: Business]
- + Millennials and Gen Z are skeptical of traditional financial advice. Here’s how to reach them—"I have a lot of faith that this population is going to do well." Read More [Category: Personal Finance]
- + Sam Altman, leader of OpenAI and one of Reddit's largest investors, is further aligning his interests with an alliance between the two—Altman, CEO of OpenAI, has a long history with Reddit and briefly served as its interim CEO in 2014. Read More [Category: Business]
- + From NIMBYism to an office building disaster that ‘never happened before’ to the permanence of remote work, real-estate execs ponder a sector that’s ‘defying gravity’—"I’m here to tell you folks that the headlines are real for office," CBRE's Julie Ingersoll told the Fortune Future of Finance conference about the "c...
- + Boeing faces a critical investor vote as it hunts for a new CEO—The choice of CEO Dave Calhoun’s successor is one of the most consequential decisions in years for Boeing directors. Read More [Category: Business]
- + Young adults are getting cold feet about their highly anticipated $84 trillion wealth transfer—The Great Wealth Transfer might be less and later than expected. Either way, some young adults say they're not ready for it. Read More [Category: Bus...
- + Texas and Florida are now buyers’ markets. Here’s why it could be time to move to the South—High inventory and price cuts have pushed Texas and Florida into a buyers’ market. Read More [Category: Economy]
- + Texas Gov. pardons and restores firearm rights to ex-Army officer who shot and killed a protestor—Under Texas law, the governor cannot issue a pardon without a recommendation from the board, which the governor appoints. Read More [Category: Busine...
- + What to know about real estate wellness—the fastest-growing market in the $5.6 trillion global wellness industry—The trend involves integrating healthy aspects into how a structure is sourced, built, and designed. Read More [Category: Health]
- + Walmart is nabbing Target’s ‘Tar-jay’ rep and Amazon’s delivery crowd as even the wealthy flock to the retail giant—The retailer’s blockbuster earnings are mostly thanks to its focus on groceries and e-commerce. Read More [Category: Business]
- + BlackRock sent its team a memo secretly written by ChatGPT—and one major critique emerged—BlackRock's COO discussed the firm's GenAI and ChatGPT learnings in a recent interview. Read More [Category: Business]
- + Could Silicon Valley Bank happen again? ‘The short answer is, yes,’ says professor who sees $2 trillion of losses on the books—Columbia’s Tomasz Piskorski sees a lot of banks in trouble—but also banks becoming less and less important over time. Read More [Category: Economy]
- + 10 of the highest-paying web developer jobs right now—For a decade, there are 19,000 web development job openings expected every year. Read More [Category: Career Hub]
- + SoFi cofounder explains ‘maturing process’ after his exit, and why he prioritized culture at his latest startup—Mike Cagney admitted that there were cultural "deficiencies" at SoFi when he was CEO—and how it was a wake-up call. Read More [Category: Business]
- + An obscure 47-year-old law designed to right the historic wrongs of redlining was the ‘original ESG framework,’ executives say. Just look at how Crown Heights and Bed-Stuy have changed—The Community Reinvestment Act was a game-changer, but that was years ago. "When the CRA was passed, interstate banking wasn’t a thing. The internet w...
- + Dow slams milestone 40,000 after Walmart announced blockbuster profits—The Dow rose 10,000 points in about three and a half years, as the U.S. economy and corporate profits crawled out of the crash caused COVID-19. Read ...
- + Tinder, Bumble, and Hinge have turned into a ‘wasteland’ for Gen Z and millennials—and now many are breaking up with dating apps for good—Bumble's turnaround ad campaign massively backfired, fueling a general trend of choosing celibacy or in-person interactions over app dating. Read Mo...
- + The multitrillion-dollar ‘great wealth transfer’ is still at least a decade away: ‘It’s not really a present conversation’—"People don't inherit money in their 20s and 30s outside of quite tragic circumstances." Read More [Category: Personal Finance]
- + Dow shoots past 40,000 for the first time on hopes that Fed will follow cooler inflation print with rate cuts—"All traders wanted the past year was for the Fed to signal that interest-rates have peaked,” one Wall Street pro said. Read More [Category: Finance]
- + ‘Banks continue to become increasingly less relevant’: the professor who sees a $2 trillion hole in the economy predicts a thinning of the herd—Small-to-mid-size banks will be the first forced out of business, he says. “There are quite a few banks in the United States right now that have very ...
- + Child care now costs more than housing in all 50 states—With low wages for child care providers, razor-thin profit margins, and inadequate funding, it’s a deeply broken industry. Read More [Category: Educa...
- + 'One Chip Challenge' led in part to high school sophomore's death, autopsy found—The social media challenge involves eating an extremely spicy tortilla chip and then trying not to eat food or water. Read More [Category: Business]
- + The Great Financial Crisis kick started the private credit boom, but SVB was its true 'watershed' moment, Sixth Street co-president says—Joshua Easterly, co-CIO and co-president of Sixth Street, said he realized after the GFC in 2009 that private credit was the next big thing. Read Mor...
- + Some of the most talented, high-ranking workers at Apple, Microsoft, and SpaceX jumped ship after return-to-office mandates, new study reveals—Senior people may leave after a RTO more often than entry- or mid-level workers, because they simply have more to gain. Read More [Category: Busines...
- + Georgia Republicans push to replace Confederate statue with one of Hank Aaron, 'hero to Georgians everywhere'—Hammerin’ Hank would replace the vice president of the Confederacy. Read More [Category: Sports]
- + Top New York regulator Adrienne Harris optimistic about a federal stablecoin deal—but not at the expense of state authority—The Department of Financial Services superintendent spoke at a Fortune event about crypto oversight and bank stability. Read More [Category: Cryptoc...
- + BlackRock’s ‘boy wonder’ turned COO sees a ‘whole new world’ from generative AI: ‘Most significant … evolution, revolution of my 30-year career’—At Fortune's Future of Finance conference, Robert Goldstein said large language models mean AI is about "words and language" now, not just numbers. He...
- + Sony lays down the gauntlet on AI, warning 700 companies against training algorithms on its music—"Innovation must ensure that songwriters’ and recording artists’ rights, including copyrights, are respected,” the company said. Read More [Category:...
- + Actor and model Angie Harmon is suing Instacart and a former shopper who killed her dog—'I think Instacart is beyond responsible for all of this'—Instacart says the shopper has since been permanently banned from its platform. Read More [Category: Retail]
- + Bitcoin hits 3-week high due to cooling inflation data, ETFs filing first 13Fs—The CPI has been in the “driver's seat” when it comes to Bitcoin prices. Read More [Category: Cryptocurrencies]
- + Las Vegas' legendary Mirage casino is closing to make room for a 700-foot tall Hard Rock hotel that's shaped like a guitar—It will be the second time this year that a Strip casino shutters. Read More [Category: Success]
- + Here are the fastest growing U.S. cities of 2023—The stars at night… are big and bright… Read More [Category: U.S.]
- + American families are struggling with debt. When it gets forgiven, the tax code treats it like extra income—Turning American families’ forgiven debt into taxable income is simply unfair, and Americans are worried about the fairness of the federal tax code. ...
- + London Stock Exchange CEO says listing exodus not a big concern as the U.K. is ‘punching above its weight’—but a 25% drop in listings over 10 years suggests otherwise—Companies have dropped their London listings just as the pool of applicants looking to float on the LSE dwindles, hitting a six-year low in 2023. Re...
- + An ultra-popular home loan right now allows a 3.5% down payment—The only type of mortgage loan that has increased in the past two years are those insured by the FHA. Read More [Category: Business]
- + Billionaire investor Ray Dalio warns U.S. is ‘on the brink’ and estimates a more than one in three chance of civil war—The Bridgewater hedge fund founder recommends only investing in the 'best parts' of the United States and moving the rest to more stable and attractiv...
- + Inside the brutal reality of prison labor—Nationwide, hundreds of thousands of prisoners are put to work every year, some of whom are seriously injured or killed after being given dangerous jo...
- + Dell hybrid employees who don’t show up to the office enough are getting a literal red flag—Tech giant Dell is tracking workers’ electronic badge swipes and VPN usage to keep tabs on who is heading into the office—as well as who is ducking ou...
- + Ex-wife of F1 billionaire Bernie Ecclestone sets up family office to manage $881M divorce settlement—Malic's chief investment officer is focusing on "wealth preservation," joining a growing list of female investors. Read More [Category: Business]
- + Japan may have escaped deflation only to risk stagflation instead, as the country's economy slumps for 3 straight quarters—Japan's economy shrank by an annualized rate of 2% in the first quarter of 2024, as a weak yen and inflation drag down spending. Read More [Category:...
- + The myth that money supply controls inflation is being revived. Here’s how it failed its most ardent believer—Margaret Thatcher—The myth of a golden monetarist age is being revived decades after the U.K. prime minister's experiment failed. Read More [Category: Economy]
- + Amazon raised warehouse wages to $15 an hour 5 years ago. Today, half of workers surveyed told researchers they struggle to afford food or rent—Amazon has long been criticized for its treatment of employees, especially those who pack and ship boxes in its warehouses. Read More [Category: Bus...
- + Unmarried millennials are twice as likely as boomers to buy homes solo—and 10 times as likely to buy with a friend—Young buyers are being forced to come up with "creative solutions" to an expensive housing market. Read More [Category: Personal Finance]
- + Rolex seller shares soar after strong U.S. sales—despite it being an 'underdeveloped market'—Watches of Switzerland Group reported a 14% increase in sales in its fiscal fourth quarter. That helped total sales rise 3% — to $482 million. Read M...
- + Florida Gov. DeSantis signs bill banning power-generating wind turbines offshore or near the state’s coastline—It takes effect July 1 and would also boost expansion of natural gas, reduce regulation on gas pipelines in the state and increase protections against...
- + Senators grill top U.S. intelligence officials about how they’ll stop AI-armed adversaries from influencing the 2024 election—Russia remains “the most active foreign threat to our elections,” Director of National Intelligence Avril Haines said. Read More [Category: Artificia...
- + Wealthy Nordics are fleeing to Zurich due to high wealth taxes—As a first step SEB will open a company offering non-financial services to family offices and business families who reside in Switzerland. Read More...
- + Barge slams into Texas bridge causing partial collapse and oil spill—The accident came weeks after a cargo ship crashed into a support column of the Francis Key Bridge in Baltimore, killing six construction workers. Re...
- + Europe's largest telecoms operator backs guidance following a revenue boost in core markets—Deutsche Telekom is benefiting from a strong position in its two main markets, Germany and the U.S., both of which are growing. Read More [Category: ...
- + ‘Big Short’ investor Michael Burry bets big on China e-commerce—The wagers appear to be paying off, as Chinese policymakers’ efforts to stem a rout and signs of improvement in earnings spur a rebound in the trouble...
- + Who will be HSBC's next CEO? An internal candidate seems likely for Europe's largest bank—Current CEO Noel Quinn announced his retirement last month. Read More [Category: Business]
- + It's time to change your relationship with sugar. Here's how—“It’s hard to have a positive or neutral relationship with something that’s constantly labeled as bad or addictive." Read More [Category: Nutrition]
- + Jeff Bezos revealed his secret to Amazon's success 25 years ago: 'I asked everyone around here to wake up terrified every morning, their sheets drenched in sweat'—Amazon creator and former CEO's client-forward mentality began decades ago. Read More [Category: Business]
- + I grew up in Kenya's biggest slum and know from experience: International aid must shift toward community-based organizations—Every year, Africa receives billions of dollars of aid. Yet very little of it goes directly to local communities in need. Read More [Category: World]
- + Converse layoffs are the latest casualties of Nike’s $2 billion do-or-die plan to get back on its feet—The Oregon-based shoe company said in December it would lay off 2% of its workforce over three years. Read More [Category: Business]
- + Florida HBCU launches investigation after record $238 million ‘gift’ from 30-year-old hemp mogul is deemed likely worthless: ‘I wanted it to be real’—Florida Agricultural and Mechanical University celebrated the largest-ever gift to an HBCU from a certain Gregory Gerami. Then the plot thickened. Re...
- + Florida HBCU floored after record $238 million ‘gift’ from 30-year-old hemp mogul is put on hold and could be worthless—Florida Agricultural and Mechanical University celebrated the largest-ever gift to an HBCU from a certain Gregory Gerami. Then the plot thickened. Re...
- + Netflix doubles down on its ‘big bet on live’ events with huge deal to air NFL Christmas Day games—The three-season pact will see the streaming TV giant host at least one Christmas game in both 2025 and 2026, and two games this coming holiday. Read...
- + A Trump win makes the U.S. vulnerable to ‘loss of democracy risk,’ E. Jean Carroll’s attorney warns—starting with her client’s $83.3 million payout—Trump's potential presidency has 'a lot of smart people worried' about 'loss of democracy risk,' E. Jean Carroll's attorney Roberta Kaplan warns. Re...
- + Investors are scooping up 1 in 5 homes sold in the housing market and making more money than before—In the first quarter, investor purchases rose for the first time in almost two years, according to Redfin. Read More [Category: Economy]
- + GameStop and AMC shares tank after hopes of a 2021-style meme stock revival are shattered—Both stocks are down by double-digit percentages. Read More [Category: Business]
- + Emirates CEO gives workers a hefty bonus, saying they deserve every penny 'of the 20-week profit share'—Disembarking off its “best-ever financial performance,” Emirates Group has some wealth to go around. Read More [Category: Business]
- + Gen AI looks easy. That’s what makes it so hard—To avoid “death by a thousand use cases,” organizations need a better plan. Read More [Category: Artificial Intelligence]
- + The running market is hot—and it's driving sales of Roger Federer-backed On shoes—Since its inception in 2010, the Swiss-based On has become a superstar in the crowded sports shoe industry. Read More [Category: Business]
- + TikTok tax advice could result in thousands of audits and frozen refunds—Inaccurate advice and tax scams could lead to lots of headaches. Read More [Category: Personal Finance]
- + More people watch YouTube than NBCUniversal or Paramount as the internet keeps crushing traditional TV—Viewing habits are shifting in ways beyond streaming services. Read More [Category: TV]
- + Most of us like to eat. For those interested in helping us get there, Fortune picked out the best nutritionist certifications for 2024—Fortune analyzed over two dozen programs and ranked the top 10. Read More [Category: Education]
- + Boost in used car trade-ins could be the salve auto dealers need—And many people are trading up. Read More [Category: U.S.]
- + Stellantis boss slams Biden's 100% tax on Chinese EVs, just as he starts selling them in Europe—“History shows that the European consumer always arbitrates in favour of pricing," Carlos Tavares said. Read More [Category: Business]
- + Tesco CEO more than doubles his pay to $12.6 million as Britain's largest grocer hits long-term targets—Executive pay remains a hot topic in the U.K. CEO Ken Murphy took the helm of Britain’s largest grocer in 2020 and has overseen a more than 17% rise i...
- + Employees are cheating on workplace drug tests at record rates—A rise in the use of recreational marijuana use in states that have legalized cannabis appears to be behind a spike in falsified workplace drug tests....
- + How Lead Bank’s co-founder transformed a century-old community bank into an innovative fintech company—This CEO says that listening is a powerful leadership tool. Read More [Category: Leadership]
- + Ex-Lululemon CEO: Gen Zers want sustainably made and compostable products. Firms taking heed today will be market leaders tomorrow—By focusing on the entire lifecycle of a product, business stakeholders become stewards of resources rather than procurers or vendors. Read More [Cat...
- + FIFA is quietly unwinding nearly all the reforms it agreed to after last decade’s massive corruption scandal—Gianni Infantino is scheduled Friday for a first news conference with international media since Saudi Arabia was effectively confirmed as host of the ...
- + Ship that collapsed Baltimore bridge had blackouts both 10 hours before leaving port and shortly before fatal collision—The National Transportation Safety Board released a preliminary assessment of just what happened to the Francis Scott Key Bridge. Read More [Category...
- + Boeing criminal charges: DOJ sees breach of settlement that staved off prosecution—In a letter, Glenn Leon, head of the DOJ criminal division's fraud section, said Boeing failed to make promised changes to detect and prevent violatio...
- + Retail sales disappoint in April, unchanged from previous month—There have been some hints that the Federal Reserve’s campaign to cool inflation by reining in spending may be taking hold. Read More [Category: Econ...
- + Inflation cools in April after 3 straight hot readings—Prices rose 0.3% from March to April, the Labor Department said Wednesday, down slightly from 0.4% the previous month. Read More [Category: Economy]
- + Social media spurred the last banking crisis. Can it prevent the next one?—A U.S. banking regulator is working with an intelligence firm to monitor social media platforms like Twitter and Discord for risk ahead of potential r...
- + OpenAI's leadership shakeup continues as another of Sam Altman’s chiefs follows Ilya Sutskever out the door within hours—Fears are mounting that the company's AI safety team is gradually being hollowed out following a string of high-profile departures. Read More [Catego...
- + What is call handling, and how to use it to create happier customer experiences—Understanding the concept of call handling helps businesses better manage inbound customers. Read More [Category: Personal Finance]
- + Monzo founders says American dream is 'antithetical to British culure' where 'know your place attitude prevails—University undergrads in the U.S. are pitching Tom Blomfield startup ideas, while he says British PhDs are just going to McKinsey. Read More [Categor...
- + Higher air ticket prices aren't dampening travel demand as TUI narrows losses ahead of shifting its listing from London to Frankfurt—People's travel appetite is higher than before—and that's driving TUI's business in Europe and beyond. Read More [Category: Business]
- + College grads need $99,081 salary offer to change jobs, New York Fed survey says—The silver lining for employers: Six-figure salary jobs are hard to come by. Read More [Category: Personal Finance]
- + Trade and investment data in the last two years dispel the deglobalization and decoupling myths as U.S.-China competition ignites reglobalization—It's not decoupling or deglobalization, it's reglobalization. Read More [Category: Economy]
- + Africa’s car-making juggernaut prepares to capitalize on global race to produce affordable EVs at scale—As Europe works to phase out combustion engines over the next decade, automakers like Renault are preparing to adapt in Morocco. Read More [Category...
- + U.K. tax authority HMRC kept Brits on hold for nearly 800 years last fiscal year—and it’s getting worse—Advisors from HMRC answered just 20.5 million out of 38 million calls between 2022 and 2023. Read More [Category: World]
- + British billionaire Joe Lewis' pilot pleads guilty to tax evasion—In 2019 Lewis loaned his pilots $500,000 each to buy Mirati shares ahead of the trial results being made public. Read More [Category: Business]
- + Chuck Schumer-led group calls for $32 billion emergency spending on AI over next three years—The bipartisan group of senators said that regulation and incentives for innovation are urgently needed in a new 33-page report. Read More [Category:...
- + Commerzbank rises on decade-high quarterly earnings—The German bank reported net income of €747 million in the three months to March, beating an analyst consensus of €656 million. Read More [Category: ...
- + EU inflation is surprising everyone—helping its economy catch up with the U.S.—The EU is beating the Fed to the punch on interest rate cuts, and it's going to make for a rosy end to the year on the continent. Read More [Catego...
- + Burberry follows Gucci-owner Kering on downward sales trend as consumers snub mid-market luxury fashion—The Asia Pacific and Americas regions performed the worst for Burberry last quarter, with sales sliding by 17% and 12% respectively. Read More [Categ...
- + Social media users are 'blocking out' celebrities over inaction around the Israel-Hamas war—Attention to what celebrities and influencers were, or weren't, saying got a boost after the Met Gala. Read More [Category: World]
- + After vanquishing Trump in court, E. Jean Carroll said women could decide the presidential election—The journalist and author spoke at a gathering of Fortune’s Most Powerful Women. Read More [Category: Business]
- + What Medicare beneficiaries need to know about generic medications—If you think all generics are the same regarding side effects, manufacturing quality, price, and Part D prescription-drug coverage, you’re mistaken. ...
- + 44% of Americans feel they’ve lost time to poor mental health, survey says. It’s worse for people with depression or anxiety—Among respondents diagnosed with depression and/or anxiety, 50% said they’ve lost years of their life to mental illness. Read More [Category: Health]
- + Whistleblower says EPA tried to backdate documents and altered reports in Norfolk Southern train crash: 'I think they chose not to know.'—The East Palestine train derailment was handled differently than the 180 other times a government plane has been deployed after an accident since 2001...
- + TikTok creators revolt against ban—The creators are asking the court to issue a declaration saying the law is unconstitutional. Read More [Category: Business]
- + Boeing violated a deal that allowed it to sidestep criminal prosecution. Now, charges could be back on the table—Boeing reached a $2.5 billion settlement with the Justice Department in January 2021 to avoid prosecution. Read More [Category: Business]
- + Key player in on-again, off-again ouster of OpenAI CEO Sam Altman is leaving the company—OpenAI chief scientist Ilya Sutskever is departing the artificial intelligence giant. Read More [Category: Technology]
- + Crewmember mistakenly caused the ship's engine to stall hours before a blackout led to the Baltimore Bridge collapse—Investigators are working with Hyundai, the manufacturer of the ship’s electrical system, to determine the causes of the blackouts. Read More [Categ...
- + Driver in crash that killed 8 and injured 40 arrested and charged with DUI-manslaughter—The 41-year-old has previous arrests for driving with a suspended license, leaving the scene of an accident, and marijuana possession. Read More [Cat...
- + Airlines sue U.S. Transportation Department over fee disclosure mandate—The lawsuit comes two weeks after the Department of Transportation finalized a mandate requiring airlines to quickly refund canceled flights and stop ...
- + Chicken wings for the win: How high prices are changing the menu—Lower-income customers are pulling back as the price of dining out and cooking-in continues to increase. Read More [Category: Business]
- + The juice isn’t worth the squeeze for many college majors, new report reveals: Lifetime earnings simply can’t keep up with the cost of degrees—30% of bachelor’s degrees cost more than what they pay out in a lifetime, a new analysis finds. Read More [Category: Education]
- + Becoming a nutritionist is one of the most complicated educational paths. Here’s 4 steps you need to know—Nutritionists are in demand, but the educational path is very complicated. Read More [Category: Education]
- + Daniel Lubetzky: Here’s the real reason moderates are losing ground—Our enemy is not a person, but rather extremist thinking that replaces curiosity with rigidity, compassion with blame, and courage with fear of the ot...
- + How to watch, stream the first games of WNBA season live online free without cable—The Indiana Fever are suddenly the hottest team in sports. Read More [Category: NBA]
- + ‘Stay tuned’: White House hints it will hit Chinese EVs with even higher tariffs if they’re made in Mexico—President Joe Biden on Tuesday directed the office of the U.S. Trade Representative to impose a total tariff in excess of 102% on Chinese EVs. Read M...
- + Jerome Powell says it’s ‘different this time’—and Americans and their mortgage rates are a key reason why—But the Fed chair "wouldn't call it hot," saying the wholesale inflation report was "sort of mixed." Read More [Category: Economy]
- + Florida’s migrant farming community jolted by bus crash that kills 8, injures dozens more—Florida farms employ more H-2A workers than any other state, about 50,000 a year, according to the Florida Fruit & Vegetable Association. Read Mo...
- + Rich Gen Xers are outpacing baby boomers in buying vacation homes—Interest in second homes hasn’t been this low in almost a decade, according to Redfin. Read More [Category: Economy]
- + ‘Judge Judy’ sues National Enquirer parent company over misattributed quote in Menendez Brothers story—“When you fabricate stories about me in order to make money for yourselves with no regard for the truth or the reputation I've spent a lifetime cultiv...
- + Harvard protesters voluntarily withdraw after administration agrees to discuss endowment concerns—Harvard interim President Alan Garber agreed to pursue a meeting between protesters and university officials regarding the students’ questions. Read ...
- + McDonald's may be willing to lose money on $5 meal deals if it means winning back disgruntled cash-strapped customers—CEO Chris Kempczinski has put a recent emphasis on affordability as low-income diners turn away from the golden arches. Read More [Category: Business...
- + George Clooney’s Broadway debut is an adaptation of the movie that won him Oscar nominations nearly 20 years ago—Clooney will play legendary TV journalist Edward R. Murrow in a stage adaptation of "Good Night, and Good Luck." Read More [Category: Entertainment]
- + AI will hit the labor market like a ‘tsunami,’ IMF chief warns. ‘We have very little time to get people ready for it’—It could also lead to more misinformation and inequality, Kristalina Georgieva warned. Read More [Category: Artificial Intelligence]
- + Waymo self-driving cars probed by government over crashes, but recalls are the only enforcement power—In the probe of Waymo, the NHTSA said it has reports of 17 crashes and five other reports of possible traffic law violations. No injuries were reporte...
- + Why experts aren’t panicking about the latest jump in producer price inflation—Downward revisions to March’s inflation data indicate the latest producer price index isn’t as bad as it seems. Read More [Category: Economy]
- + ‘Some of the AI techniques are so good, frankly, I think we should be doing them now’: Some doctors welcome their new tech overlords—Radiologists have used computers to enhance images and flag suspicious areas since the 1990s. But the latest AI programs can go much further. Read Mo...
- + Vodafone turnaround: $11.9 billion earnings and a return to growth in Germany, but 'much more still needs to be done'—Vodafone is increasing its focus on the German market and exiting unprofitable ones, as part of CEO Della Valle’s turnaround strategy. Read More [Ca...
- + Trump fixer-turned-foe Michael Cohen’s testimony in hush money trial was pivotal. Here’s what he said—Cohen is expected to be on the witness stand for several days, and face intense grilling by Trump's attorneys. Read More [Category: U.S.]
- + 32-year-old mother who dropped out of the workforce is back as state starts funding day care with oil lease money—States have expanded free preschool and early education and helped more families pay for child care, making it low-cost or even free for many Read Mo...
- + A group representing Cargill and Archer-Daniels-Midland pushes a surprising target for the next set of U.S. tariff hikes: used cooking oil from China—U.S. producers worry that a flood of used cooking oil from China could lower demand for crops used in biofuels. Read More [Category: World]
- + What this tech exec wants you to know about infertility and work—"My coworkers hadn’t a clue of what I was going through." Read More [Category: Health]
- + Americans are increasingly concerned about their mental health, survey says. Here’s how social media plays a role—In addition, more parents are concerned with their children’s mental health than physical health. Read More [Category: Health]
- + Bumble fumbles anti-celibacy ads, kickstarting social-media debacle—The company apologized and said it would donate its ad space to the National Domestic Violence Hotline. Read More [Category: Business]
- + Chinese-backed crypto firm must sell Wyoming land plot and get rid of equipment possibly capable of 'espionage activities,' says President Biden—The government directed the sale of the property within 120 days, and that within 90 days the company remove all structures and equipment on the site....
- + Oregon residents were deprived of rare bourbons, including Pappy Van Winkle's 23-year-old whiskey, by alcohol agency staff—Oregon officials deprived members of the public of the expensive booze, an internal investigation found. Read More [Category: Business]
- + The collapsed Baltimore bridge is finally demolished as explosives clear steel section off grounded ship, sending wall of water to Dali—The controlled demolition will allow the Dali to be refloated and restore traffic through the port as the cleanup enters its final stages. Read More ...
- + Shein vowed in 2022 that it would improve working conditions and hours at suppliers, but a new study claims that nothing has changed—The fast fashion retailer previously said it would invest $15 million to improve worker conditions. Read More [Category: Business]
- + Lab-grown red meat for the base: GOP governors have a new culture-war scapegoat—“Florida is fighting back against the global elite's plan to force the world to eat meat grown in a petri dish or bugs to achieve their authoritarian ...
- + GameStop short sellers were up $400 million last month, but now they're down $1.4 billion after the stock nearly tripled in May—Short sellers that bet against GameStop were up an estimated $400 million from January to April, according to S3 Partners data. Read More [Category: ...
- + GM-owned robot taxis will be on the roads again with human safety drivers following a pedestrian-dragging accident and a $1B budget cut—Cruise suspended operations in October when one of its Chevy Bolt autonomous electric vehicles dragged a San Francisco pedestrian roughly 20 feet afte...
- + Sweetgreen beats ‘sad desk salad’ vibes to soar above fast-food competitors. It can thank fancy foods, high prices—and robots—The salad chain's robot-enhanced locations are significantly more profitable than the company average. Read More [Category: Business]
- + OpenAI debuts a speedier model for powering ChatGPT and more free features—The updates are supposed to make the chatbot better at handling text, audio and video in real-time. Read More [Category: Business]
- + How tech lost Gen Z—The internet generation should have been clamoring for Silicon Valley but layoffs and economic instability make them turn to the government for recess...
- + Chinese EV maker Zeekr is making inroads into Wall Street—it’s now listed on the New York Stock Exchange, and traders are piling in—Investors appear to disregard concerns over an expected quadrupling of China EV import tariffs. Read More [Category: Finance]
- + Caitlin Clark really is the new Larry Bird—when it comes to race and basketball—Though Clark hasn't said anything to fuel the Black-white narrative surrounding her meteoric rise, talks about a double standard are being had. Read ...
- + The Fed’s 2% inflation target is a ‘pipe dream’ and stocks are set to drop 10%, Stifel’s Barry Bannister warns—Stifel's Bannister expects the S&P 500 to drop 10% by the end of the third quarter because the 'pseudo recession' that helped tame inflation is no...
- + Melinda French Gates is leaving the Gates Foundation 3 years after her divorce—“This is not a decision I came to lightly,” French Gates posted on the X platform on Monday. Read More [Category: U.S.]
- + Tesla hires back some Supercharger workers, including top North America exec, just a few weeks after Elon Musk sacked the entire team—It wasn’t immediately clear how many laid-off Supercharger workers have been rehired at Tesla. Read More [Category: Technology]
- + GameStop and memecoins soar as ‘Roaring Kitty’ hints at comeback—Meme markets were buzzing following Keith Gill’s return because of his role in the January 2021 short squeeze of video game retailer GameStop. Read M...
- + Apple says privacy is a ‘core value.’ Tim Cook shouldn’t compromise it to bridge the gap on AI—Apple says privacy is a ‘core value.’ Tim Cook shouldn’t compromise it to bridge the gap on AI Read More [Category: Business]
- + Former CEO of Fatburger parent company charged in $47 million tax-evasion scheme—Federal officials accuse Andrew Wiederhorn of hiding disbursements for over a decade. Read More [Category: U.S.]
- + 'Sinister dollar strength' could wreak havoc across emerging markets and is already hitting top economies, Goldman Sachs warns—“If we do see that kind of more malign or more sinister dollar strength, you will see more weakness in the most fragile parts of the world.” Read Mor...
- + Lufthansa CEO calls Boeing's aircraft delays 'extremely annoying' following its recent safety crisis—but he’s banking on things getting better—Lufthansa's Carsten Spohr is the latest aviation industry chief to publicly lament how Boeing’s safety crisis is impacting their business. Read More ...
- + Porsche is about to debut a hybrid 911 model—New model will make its debut later this month. Read More [Category: Business]
- + Citi launches Strata Premier Card, a refresh of the Citi Premier—The Citi Strata Premier Card comes with more rewards and enhanced benefits. Read More [Category: Credit Cards]
- + Nevada’s biggest labor union calls off 48-hour strike on Virgin Hotels Las Vegas with 5-year contract deal in sight—Over 700 workers with Culinary Union Local 226 were off the job at the 1,500-room hotel-casino near the Las Vegas Strip from Friday morning to Sunday ...
- + AI created a replica of woman's voice after illness took it away—Trained on a 15-second time capsule of her teenage voice — sourced from a cooking demonstration video she recorded for a high school project — her syn...
- + Amazon self-driving robotaxi unit Zoox under U.S. investigation after 2 of its vehicles braked suddenly and were rear-ended by motorcyclists—Both crashes happened during the daytime hours, and the motorcyclists suffered minor injuries. Read More [Category: Technology]
- + Gordon Ramsay spends extra $7.6 million on staff as restaurant empire losses triple—Ramsay forked out millions on restaurant openings, but says he hasn't seen the restaurant industry so vibrant in 26 years. Read More [Category: Busin...
- + France bags $16 billion investment boost from Microsoft, Pfizer and others as President Emmanuel Macron lures new business—France usually receives among the highest inward FDI in Europe, but even so $16 billion is a lot to announce on one day. Read More [Category: Busines...
- + Ex-Peloton director says disclosing pregnancy hit job prospects: ‘100% of the companies I told went from scheduling interviews to declining to bring me in for a final round’—Kate Winick was reassured that "companies just want to hire the right people" after being laid off from her director role at Peleton last year while p...
- + Smartphone giant Xiaomi is making a new move on Tesla—An SUV would mark a big expansion of Xiaomi’s $10 billion EV endeavor, spearheaded personally by billionaire co-founder Lei Jun. Read More [Category...
- + Beijing narrowly escapes having to cover the debts of developer Country Garden—Last week, Country Garden revealed that it had missed an interest payment on onshore bonds guaranteed by a state-owned financial firm. Read More [Cat...
- + Global megarich are paying up to $2 million a week for superyacht rentals but smaller boat charters are down—IYC CEO Raphael Sauleau said he’s seeing more customers willing to pay a higher premium for the ultimate ocean experience. Read More [Category: Busin...
- + Roger Corman: 'King of the Bs' who directed 'Little Shop of Horrors' has died at 98—Starting in 1955, Corman helped create hundreds of B-movies as a producer and director, among them “Black Scorpion,” “Bucket of Blood” and “Bloody Mam...
- + Bernie Sanders urges Novo Nordisk to lower its drug prices—Sanders said that he admires Denmark’s welfare system and said that Novo charges roughly ten times more for Ozempic in the U.S. compared with European...
- + For Fed president it’s ’just too early to think' about cutting—A major concern expressed by both Fed policymakers and some economists is that higher borrowing costs aren't having as much of an impact as economics ...
- + U.K. labor market cools as business confidence returns: Are high interest rates paying off?—It's hard to drop interest rates while wage inflation remains high. Read More [Category: Economy]
- + BYD’s small, inexpensive Seagull EV poses major threat to U.S. auto industry—The car sells for around $12,000 in China, but drives well and is put together with craftsmanship that rivals U.S. electric vehicles that cost three t...
- + Norway's gas giant Equinor will play a crucial role in keeping Europe's lights on—“There was a point in time where [Europe] almost took us for granted. That is no longer the case," said Irene Rummelhoff, Equinor's head of midstream,...
- + Disney’s ‘Planet of the Apes’ reboot swings past box-office projection with $56.5M opening—Disney CEO Bob Iger has made building the film group back to past form a key focus of his second tenure since returning to the company. Read More [Ca...
- + China is still waiting for its 'ChatGPT moment', says AI expert Kai-Fu Lee: 'For Americans, the moment happened 17 months ago'—"Until now, none of the Chinese chatbots or tools have been good enough," Kai-Fu Lee, who launched his own AI startup 01.AI last year, says. Read Mor...
- + London’s Canary Wharf shows the future of work is about more than just the office—Londoners might have divided opinions on Canary Wharf, but it's evolved through the ages—and will likely continue to. Read More [Category: Business]
- + Joe Biden will double, triple and quadruple tariffs on some Chinese goods, with EV duties jumping to 102.5% from 27.5%—Biden will target key sectors including electric vehicles, batteries, solar cells, steel and aluminum. Read More [Category: Economy]
- + Workers at the first Apple Store to unionize just voted for the first strike against the iPhone maker’s retail business—No date was set for the strike. The vote followed what the union called “over a year of negotiations with Apple management that yielded unsatisfactory...
- + Secretary of State Antony Blinken says Israel should get out of Gaza and ‘acted in ways that are not consistent’ with international law—Israel's conduct of the war has put the country “on the trajectory, potentially, to inherit an insurgency with many armed Hamas left or, if it leaves,...
- + The collapsed Baltimore bridge will be demolished soon, and the crew of the ship that’s trapped underneath will be onboard when the explosives go off—The Dali is currently scheduled to be refloated during high tide on Tuesday, officials said Sunday. Read More [Category: Economy]
- + The housing crisis in the U.S. is flipped upside down in Japan, where each home that's occupied could be next to an empty one by 2033—The number of vacant residential properties in Japan has hit 8.99 million, an increase of 500,0000 from 2018 and an 80% surge from 20 years ago. Read...
- + Here are horror stories about super-rich tenants who can afford to buy luxury property in Manhattan but choose to rent instead —"They’re very wealthy, and it’s very challenging to nail them down, as they also have the assets to fight.” Read More [Category: U.S.]
- + Armed with the mighty dollar, Americans are rushing to go on cheap vacations overseas—and it's hurting the U.S. economy, Wells Fargo says—A gauge of American tourism overseas recently hit its highest level since 2005, when the U.S. dollar was also strong. Read More [Category: Currencies...
- + Just 1 company appears to meet requirements in several states eyeing AI-powered surveillance to spot school shooters. ‘Probably the most egregious thing that I have ever read’—ZeroEyes is a rapidly growing firm founded by military veterans after the fatal shooting at Marjory Stoneman Douglas High School in Florida. Read Mor...
- + First person to receive a genetically modified pig kidney transplant dies nearly 2 months later—Massachusetts General Hospital said it didn't have any indication that the patient died as a result of the transplant. Read More [Category: Health]
- + The Air Force is testing an AI-enabled alternative to GPS navigation that taps into the Earth’s magnetic fields—“We think we may have added an arrow to the quiver in the things we can do, should we end up operating in a GPS-denied environment. Which we will.” R...
- + Donald Trump pledges tax cuts for ‘middle class, upper class, lower class, business class’ if wins a second term as president—“Instead of a Biden tax hike, I’ll give you a Trump middle class, upper class, lower class, business class big tax cut,” Trump said. Read More [Categ...
- + Retail workers at an Apple store in New Jersey vote against unionizing in the first such defeat for the CWA—Employees at the store, located within a mall in upscale Short Hills, cast ballots Friday and Saturday in an election run by the US National Labor Rel...
- + The AI data center revolution is happening right in your backyard—I visited a new AI data center just outside New York City. Here’s what I saw. Read More [Category: Tech]
- + Meet the 81-year-old CEO who built a $10.4 billion luxury cruise line tailored just for baby boomers: ‘They’re the richest group we have around’—Torstein Hagen, who founded Viking 27 years ago, said he owes the company’s success in part to its “cookie cutter” philosophy. Read More [Category: B...
- + A study found corporate recruiters have a bias against ex-entrepreneurs. They get stereotyped as not wanting to ‘be a small piece of the puzzle.'—In what’s referred to as the “entrepreneurship penalty,” former founders are much less likely to get a job interview. Read More [Category: Business]
- + 79% of parents have drugged their kids to help them sleep—Millennials and Gen Z parents have resorted to this practice most, using melatonin, Benadryl—even prescriptions—to help their children at bedtime, Sle...
- + Weaning off Ozempic slowly instead of quitting abruptly can help prevent patients from regaining weight, study says—These patients had reached their target weight and reduced their semaglutide dose over nine weeks. Read More [Category: Health]
- + Prosecutors seek 40-year sentence for man who broke into Nancy Pelosi's home and attacked her husband with a hammer—“There is nothing about the history and characteristics of the defendant that warrant leniency,” federal prosecutors wrote in court documents. Read M...
- + South Dakota Gov. Kristi Noem is banned from nearly 20% of her own state as fight with Native American tribes heats up—Two more tribes banished her this week over comments she made earlier this year about tribal leaders benefitting from drug cartels. Read More [Catego...
- + An auction for a private lunch with Marc Benioff raises $1.5 million in his first year replacing Warren Buffett, who netted $19 million for his final auction—The weeklong eBay auction that raises money for the Glide Foundation in San Francisco wrapped up Friday night. Read More [Category: U.S.]
- + China's economy is headed for a 'dead-end,' and Beijing won't do anything to stop that, scholar says—"Years of erratic and irresponsible policies, excessive Communist Party control and undelivered promises of reform have created a dead-end Chinese eco...
- + Trump is fighting an audit that could cost him over $100 million because he claimed 2 tax breaks for the same Chicago building—A massive trove of tax information obtained by ProPublica, covering thousands of America’s wealthiest individuals, reveals what’s inside the billionai...
- + Target is selling a Black History Month quilt ‘inspired by’ designs from 5 women descended from enslaved people. It’s not clear how much money they got—Five quilters at Gee's Bend reaped limited financial benefits from the collection, which sold out in many stores. Read More [Category: Business]
- + 50-year-old Mercedes worker in Alabama on voting to unionize: ‘Not falling for the lies anymore’—“Mercedes claims that we’re a family, one team, one fight. But over the years, I’ve learned one thing: This is not how I treat my family,” Brett Garra...
- + U.S. is one of just 9 countries to vote against granting new ‘rights and privileges’ to Palestine in UN General Assembly—The UN approved the Arab and Palestinian-sponsored resolution calling on the Security Council to reconsider Palestine's request to join by a vote of 1...
- + Meet the boomers who’d rather spend $100k to renovate their homes than risk the frozen housing market: ‘It would be too hard to purchase anything else’—“The growing older demographic is more knowledgeable about renovations and planning for their future needs, especially as they prepare to age in place...
- + Jim Simons was a math and investing genius, but also a management wiz. Here are some of his lessons on leadership—“My biggest contribution was to hire great young people into the business,” Jim Simons said in 2019. Read More [Category: Markets]
- + Jim Simons was a math and investing genius, but also a management whiz. Here are some of his lessons on leadership—“My biggest contribution was to hire great young people into the business,” Jim Simons said in 2019. Read More [Category: Markets]
- + Hedge fund billionaire Ken Griffin says college protests are the result of a ‘cultural revolution’ and Harvard should ’embrace our Western values’—"Harvard will embrace our Western values that have built one of the greatest nations in the world, foster those values with students, and ask them to ...
- + Joe Biden's plan to slash $14 billion in credit-card late fees is halted by a federal judge in Texas—The new regulations that were proposed by CFPB would have set a ceiling of $8 for most credit card late fees, which average about $32 now. Read More ...
- + Autonomous cars could change century-old traffic signal system with addition of white lights, researchers say—“When we get to the intersection, we stop if it's red and we go if it's green. But if the white light is active, you just follow the vehicle in front ...
- + As U.S. debt soars past $34 trillion, Congress has killed off its plan to tackle the crisis—"The consequences if we don’t act now are unbearable,” House Speaker Mike Johnson said about U.S. debt in October. Read More [Category: U.S.]
- + Apple is finalizing a deal with OpenAI to put ChatGPT on the iPhone, while talks with Google to use Gemini are ongoing—An OpenAI accord would let Apple offer a popular chatbot as part of a flurry of new AI features that it’s planning to announce next month. Read More ...
- + Apple cofounder Steve Wozniak was expelled from the school where he just delivered his commencement speech—'you grow up in education to be leaders, not followers'—Wozniak encouraged students to decide for themselves what’s right or wrong when faced with institutional pushback. Read More [Category: Success]
- + The cost-of-living crisis is so bleak that some Gen Zers genuinely fear becoming homeless—A new study from fintech Acorns finds almost one in four Americans are concerned their dire financial outlook could lead to homelessness. Read More ...
- + Forget airline miles—Gen Z and millennials are obsessed with nicotine pouch Zyn's lucrative rewards program, which includes $400 Apple watches and $600 Dyson AirWraps—One woman was annoyed at her husband’s Zyn habit, but the rewards made her feel “like a kid in an arcade” Read More [Category: Business]
- + A record 4.1 million Americans may retire this year: Financial planners say they should take these 5 steps—"There's a big difference between a financially secure retirement and a happy retirement." Read More [Category: Personal Finance]
- + Which 2023 vintage wines should you buy? A trip through Bordeaux's vineyards—Should you buy now? The short answer is yes—if the price is right. But pick carefully. Read More [Category: World]
- + Fitness influencer gets candid out about having stage 4 colon cancer—"I want to create awareness that it can happen to anyone," says Maria Kang, 43. Read More [Category: Health]
- + Financial stress is making us mentally and physically ill. Here’s how to cope—The latest research on the connection between money and the mind finds our finances even take a toll on our physical health. It’s a vicious cycle. Re...
- + One of the most shorted stocks on the market just leapt 99%, putting a ‘rib-crunching’ squeeze on bearish bettors —Friday’s stock surge delivered paper losses of about $255 million to short sellers, according to data from S3 Partners LLC. Read More [Category: Mar...
- + Flavor Flav is the official hype man for the US women's water polo team in the Paris Olympics—“One thing about me, I know what it feels like to want to see a dream come true,” Flavor Flav said. Read More [Category: Olympics]
- + Beach Boys founder Brian Wilson is put under conservatorship due to a 'major neurocognitive disorder'. Here's what that means—Wilson has a good sense of who he is, where he is, and when it is, but could not name his children beyond the two who live with him, a court-appointed...
- + The ‘Quant King’ who shook the world of hedge funds with his secretive Renaissance Technologies has died at 86—Jim Simons, the mathematician-investor who created what many in finance consider the world’s greatest moneymaking machine, has died. Read More [Categ...
- + Real-estate billionaire Barry Sternlicht puts his finger on the ‘impossible’ thing holding Miami back from really becoming Wall Street south: the schools—Sternlicht moved his real estate company Starwood Capital Group to Miami in 2018, but he says a lot more companies want to “move down” and can’t. Rea...
- + Philadelphia jury hits Exxon with $725.5 million verdict on mechanic’s claim that he got cancer from benzene exposure—Exxon called the verdict “irrational” and said it would ask the court to reverse it before it becomes final. Read More [Category: Business]
- + After getting billions in federal funding Amtrak is ‘trying to claw 19th century and 20th century assets and pull them into the 21st century,’ CEO says—Rail infrastructure in the U.S. faces a backlog of repairs worth billions of dollars. Read More [Category: Business]
- + 4 years after removing Confederate names from high school, Virginia county votes to put them back—Shenandoah County's school board voted 5-1 to rename Mountain View High School as Stonewall Jackson High School, and Honey Run Elementary as Ashby Lee...
- + Trump’s $4 trillion of tax cuts loom over the election—“President Biden is trying to have it both ways,” said the Manhattan Institute's Brian Riedl, noting that he doesn't want to let Trump's tax cuts end ...
- + Supreme Court takes on Flo Rida case, wading into unsettled area of copyright law—The question of how far back damages can go has split appeals courts, and industry groups like the Recording Industry Association of America have call...
- + Inside a Harlem charter school's unprecedented plan to give students $10,000 to invest—'the parents will definitely lose their minds'—The goal of Harlem Children's Zone new program is to close the racial wealth gap. Read More [Category: Business]
- + Hundreds of Virgin Hotels workers walk off the job as union organizers claim 48-hour strike is under way—The Culinary Union Local 226, the largest in Nevada, said the action marked its first strike in 22 years. Read More [Category: Business]
- + Birthing mothers’ near-death experience rates are 100 times higher than maternal mortality—and we don’t even know exactly why—For each death, there are 100 women who come close to dying, which is terrifying and unacceptable in the 21st century. Read More [Category: Business]
- + Why have colorectal cancers jumped by 500% in kids?—“Colorectal cancer is no longer considered just a disease of the elderly population," noted a researcher. Read More [Category: Health]
- + Health system operating across 19 states diverts ambulances, blocks access to medical tests after cyberattack—An Ascension spokesperson said it detected “unusual activity” Wednesday on its computer network systems. Read More [Category: Business]
- + US pledges aid to help track and contain bird flu on dairy farms—U.S. health and agriculture officials pledged nearly money in new spending and other efforts Friday. Read More [Category: Health]
- + California’s massive $27.6 billion deficit pushes Gavin Newsom to suggest cutting 10,000 vacant jobs—This is the second year in a row the nation’s most populous state is facing a multibillion-dollar shortfall. Read More [Category: U.S.]
- + White House report criticizes Israel but draws no conclusion about breaking international law, sources say—A soon-to-be-released Biden administration review of Israel's use of U.S.-provided weapons does not conclude there was a violation of terms of use, sa...
- + Renters need to make roughly $20,000 more a year to afford the typical rent than they did 5 years ago—“Since pre-pandemic, the income needed to afford rent has increased by 31.5%,” Zillow’s chief economist, Skylar Olsen, said. Read More [Category: E...
- + Nintendo nominates 3 women to its Board of Directors—Company is 135 years old. Read More [Category: Technology]
- + Planet Fitness is increasing the price of its 'classic' membership by 50%—“Black Club” membership prices will stay the same. Read More [Category: Fitness]
- + Inflation and unemployment fears send consumer sentiment tumbling to a 6-month low—The University of Michigan’s consumer sentiment index dropped to 67.4 this month from a final reading of 77.2 in April. Read More [Category: Economy...
- + Target's Pride Month presence will be subdued in 2024 after last year's protests—Company says it will carry merchandise only in “select stores”. Read More [Category: Business]
- + Bumble founder says your dating 'AI concierge' will soon date hundreds of other people's 'concierges' for you—Bumble is now navigating itself in a world of AI—which means rethinking how humans will interact with each other in an increasing age of chatbots. Re...
- + BYD plots to overtake Tesla in Europe by 2030—BYD's Europe managing director plans to get around looming tariffs by building the ultra-cheap EVs on the continent. Read More [Category: Business]
- + Why a $3 billion software firm is betting on a flexible-work future—'the focus for us is carrot, not stick'—Sarah Franklin, a 15-year Salesforce alum, helms Lattice with the best of her former boss’ flexibility practices close at hand. Read More [Category: ...
- + Upgrade OneCard: An All-Hassle Rewards Card—The Upgrade OneCard offers great rewards, but you have to jump through a lot of hoops to get them. Read More [Category: Credit Cards]
- + British used car startup Cazoo was once worth $7 billion. It’s since lost nearly 100% of its value and is flirting with bankruptcy—what went wrong?—The used car unicorn's journey from being a celebrated British startup to one nearing bankruptcy has a lot to do with timing. Read More [Category: B...
- + Jeff Bezos gave Adam Neumann some leadership advice—and it’s already changing how he runs his company—Now, Neumann is trying to be someone who pauses and takes a breath before jumping into action at his latest startup Flow. Read More [Category: Busine...
- + Should you give job applicants an assignment during the interview process? Be thoughtful about the ask—Assignments aren’t appropriate for all roles—and they should always be given with a clear reason for why they are needed. Read More [Category: Busine...
- + Spotify’s podcast chief exits as the streamer pivots from its $1 billion bet on exclusivity deals—Julie McNamara has reportedly left the streaming giant to get back to her "creative roots" after Spotify pivoted its podcast strategy. Read More [Cat...
- + Shark Tank entrepreneur: E-commerce giants are eating my sister's lunch—and destroying the American Dream—Although e-commerce platforms say they do their best to counter knockoffs, our experience proves the opposite. Read More [Category: Business]
- + Apple forced into rare apology for 'tone-deaf' iPad advert—Apple’s Tor Myhren said the Big Tech giant had "missed the mark" with the video released this week, and apologized to customers who called out the bra...
- + Baidu exec who started furor over 24/7 work culture with videos making light of staff wellbeing and warning subordinates to toe the line has resigned—“I’m not your mother-in-law,” she said in one of the clips she posted to Douyin, China’s version of TikTok. Read More [Category: Leadership]
- + SoftBank has sold off or written down $29 billion in U.S. Vision Fund assets as Masayoshi Son tries to get his mojo back by turning to AI and chips—One project reportedly being considered by Softbank's CEO: a $100 billion chip venture to compete with Nvidia. Read More [Category: Tech]
- + Biden administration expected to impose sweeping tariffs on China strategic sectors—The decision is the culmination of a review of so-called Section 301 tariffs first put into place under Trump starting in 2018. Read More [Category: ...
- + British Airways owner IAG predicts a summer travel boom as Q1 profits soar—IAG posted an adjusted operating profit of €68 million ($73.4 million) in Q1 which exceeded analysts’ €49.5 million estimate. Read More [Category: Bu...
- + Bill Ackman scolded by fellow big-time investors for his attacks on DEI—For about an hour, Ackman was criticized for his public denunciation of DEI and for expressing views that participants said were detrimental to the pr...
- + U.K. bounces back from recession with fastest growth in nearly three years—GDP jumped 0.6% in Q1 compared to the previous three months, which was the best reading since late 2021. Read More [Category: Business]
- + European firms’ interest in expanding in China drops to a record low as world’s second largest economy slows to a crawl—The slowing economy is now the dominant concern of respondents to the European Chamber of Commerce in China survey. Read More [Category: Economy]
- + British pubs are adopting American-style tipping, but customers aren't happy: 'It's gone too far'—Until recently, pub tips were modest: a few odd coins tossed into a jar on the counter after pouring pints—but now that's changing. Read More [Catego...
- + Senate passes $105bn FAA bill to curb dangerous airplane close calls and improve bad customer service for air travelers—The bipartisan bill aims to boost the number of air traffic controllers amid a shortage, improve safety standards and make it easier for customers to ...
- + British $4.8 billion hedge fund founder—and Blackpool FC owner—Simon Sadler faces Hong Kong insider trading charges —Sadler has cultivated a reputation as Asia’s “block-trade king” from his perch in Hong Kong. Read More [Category: Business]
- + Pennsylvania will ban cell phone use while driving after almost 20 years of trying—Under the bill, police can ticket a driver who is handling their phone for almost any reason. Read More [Category: U.S.]
- + Bird flu FAQ: Everything you need to know about the H5N1 outbreak that’s spread to dairy cows in 9 states—The disease has spread to poultry in 48 states, dairy cattle in nine, and two people in Texas and Colorado. Read More [Category: Health]
- + Three people shot at Super Bowl parade grapple with bullets left in their bodies—Despite the rise of gun violence in America, few medical guidelines exist on removing bullets from survivors’ bodies. Read More [Category: Health]
- + Cancer survivor says embryos created with an ex-husband are her last chance to conceive a child. Ex-husband wants to avoid procreating against his will.—A Virginia judge will rule on the treatment of two embryos created by a couple that divorced. Read More [Category: Business]
- + Caramelized garlic steak in salads and protein bowls raises carbon-neutral concerns—Sweetgreen’s rationale for the controversial menu addition this week includes using regenerative farming. Read More [Category: Business]
- + Microsoft employees stunned after it shuttered multiple Xbox video-game studios—These cuts at Xbox come amid a wider contraction in the video-game industry due to economic shifts following a period of rapid growth during the pande...
- + Billionaire Florida transplant says elite school shortfall in Miami hampers expansion—Competition over spots in the handful of highly ranked private institutions has been fierce, and efforts to lure in new schools have collapsed. Read ...
- + Amid Tesla’s bloodletting, top exec sends Musk a message: The company has 'taken its pound of flesh'—Lead exec in charge of product launches resigned suddenly after seven years. Read More [Category: Business]
- + ‘The lower income consumer in the U.S. is stretched’: Pepsi’s CEO isn’t the only executive worried about the economy—“As you know, the consumer is under pressure, especially the lower income households,” Tyson's Chief Growth Officer Melanie Boulden said. Read More [...
- + Hugh Grant speaks for all on Apple’s horrific new ad: ‘The destruction of the human experience. Courtesy of Silicon Valley’—The ad shows a hydraulic press crushing just about every creative instrument artists and consumers have used over the years to produce a new iPad Pro....
- + GM confirms the death of the Chevy Malibu, the last Detroit midsize model—Last year midsize cars made up only 8% of U.S. new vehicle sales, but it was 22% as recently as 2007. Read More [Category: Business]
- + Gen Zers only plan to have one kid—and that’s bad news for our graying nation—The number of young women who don't want more children has almost doubled over the last five years. Read More [Category: Business]
- + Even after cramming its video game with Walmart ads and billboards, Roblox struggles to tap into the wallets of extremely online Gen Alpha—The gaming platform this week reported its lowest growth rate in gaming time in two years. Read More [Category: Business]
- + Apple iPad ad obliterates the tools of human creativity with a hydraulic press to hype its ‘thinnest product yet.’ Offended consumers reversed the ad to make it a less ‘horrific corporate nightmare'—The spot appears to be having the unintended effect of turning people off their devices: “This ad effectively convinced me I need less technology in m...
- + Trump promises oil execs to end EVs once and for all in exchange for $1 billion in campaign donations, Washington Post reports—The presidential candidate vowed to kneecap the already beleaguered EV sector in a meeting with oil execs. Read More [Category: Business]
- + 'Housing has hit rock bottom’: Top real estate CEO says high home prices are shutting people out of the market—The situation is ‘pretty dire’ for younger generations, a chief economist echoed in a separate interview. Read More [Category: Economy]
- + More people want to change jobs now than during the Great Resignation—Data from Microsoft and LinkedIn points to a new migration. Read More [Category: Personal Finance]
- + How college dropout and SmartSweets founder Tara Bosch went from a McDonald's job to selling her company for $360 million—The 29-year-old, who has an estimated net worth of $200 million, is still the majority owner in her low-sugar candy company that made her a millionair...
- + The Buy Now, Pay Later trend has been jet fuel for online shopping, new Adobe report reveals—and it's only expected to surge—Americans are on pace to spend half a trillion dollars on online shopping by this summer, and nearly 10% of that will come from Buy Now, Pay Later sch...
- + Boeing-made jet caught fire and veered off a runway, forcing passengers to escape—It was the third incident involving a Boeing airplane this week. Read More [Category: Business]
- + U.K. CEOs are facing off with shareholders to get U.S.-level pay. They might just get it—CEOs are being forced to defend their pay hikes, but the public doesn't seem to care as much as they used to. Read More [Category: Business]
- + Some of the hardest working real estate agents are millionaires. Here’s how they get paid—While the average commission for sales has historically been 5-6%, that soon may change—and to agents' detriment. Read More [Category: Education]
- + Crypto giant DCG post surges in revenue, Grayscale profitable despite $15 billion in outflows—Venture capital firm Digital Currency Group’s consolidated revenues reached $229 million in the first quarter of 2024—a year-over-year increase of ove...
- + Summer doesn’t start for a month and Dallas has already tied a nearly 100-year old record for high temperatures—Previous record was set in 1933. Read More [Category: Environment]
- + TikTok commits to labeling AI-generated content to combat misinformation that 'can confuse or mislead'—TikTok will begin labeling AI-created content uploaded from outside its platform. Meta and YouTube say AI labels are coming soon. Read More [Category...
- + Norfolk Southern shareholders elect 3 directors nominated by activist, while CEO keeps job—Ancora Holdings had nominated seven directors as part of a bid to take control of the railroad’s 13-member board and overhaul its operations. Read Mo...
- + NYC real estate developer hit a pro-Palestinian protest with his car, police say—Reuven Kahane, 57, was arrested Tuesday morning after driving his car into a 55-year-old safety marshal for the protest, according to witnesses and an...
- + Congress could soon spell the end of employment arbitration—but it’s not all good news for American workers—Previous studies into employment arbitration have missed key points, new research suggests. Read More [Category: Business]
- + Disney+, Max and Hulu plan to offer a streaming super-bundle this summer—Disney and Warner Bros. Discovery team up—again. Read More [Category: TV]
- + Americans have so many guns lying around that the number stolen from cars has tripled in the last decade—The rate of stolen guns from cars climbed nearly every year and spiked during the pandemic, according to a gun safety group's analysis. Read More [Ca...
- + Bilt Rewards: Everything you need to know—There are some nuances to be aware of, but, Bilt Rewards is overall an incredibly generous program that’s a no-brainer for most American renters who l...
- + Europeans need to get more productive, Sweden’s central bank boss says. But that doesn’t mean Americans work harder—Erik Thedéen says productivity is better in the U.S., but the solution isn't down to more industrious workers. Read More [Category: Economy]
- + Elon Musk’s Tesla quietly slashed over 3,400 job postings, leaving just 3 listed in the U.S.—Just last week, Musk unapologetically warned workers that he’s going to be “absolutely hardcore” with cost-cutting. Read More [Category: Business...
- + Google employees grill Sundar Pichai and CFO Ruth Porat on why they're not getting pay rises amid blowout earnings—“Despite the company’s stellar performance and record earnings, many Googlers have not received meaningful compensation increases,” one top-rated ques...
- + AstraZeneca pulls its COVID-19 vaccine from European market after history of stumbles—Partial results from its first major trial — which Britain used to authorize the vaccine — were clouded by a manufacturing mistake that researchers di...
- + Norwegian wealth fund CEO converts a century-old grain silo into a $46 million art display to promote tourism in his hometown—Once home to 15,000 tons of grain, Norges Bank CEO Nicolai Tangen's Kunstsilo is now a gallery of more than 5,000 artworks. Read More [Category: Art]
- + I'm a founder struggling with mental-health issues. How can I step away from my startup?—Bonobos and Pie founder Andy Dunn answers questions about how a founder can address mental health challenges, and how fast is too fast to grow. Read ...
- + New York City’s watchdog investigates whether NYPD used official social media accounts to target public officials and private citizens—The Department of Investigation confirmed the probe, saying it was prompted by recent requests from City Council Speaker Adrienne Adams and the Legal ...
- + Post-Brexit shoppers shift from London to tax-free Paris and Milan in ‘lost opportunity’—The 34,000 tourists who have transferred their tax-free shopping from Britain have also increased their spending from $3,622 per person in 2019 to $4,...
- + Tesla’s China job cuts speed up as Elon Musk faces pressure to win back share in world’s biggest auto market—The latest move affects a range of departments including customer service staff, engineers, production line workers, and the logistics team at Tesla’s...
- + Dodger superstar's confidant pleaded guilty to stealing $17 million from the power hitter to cover debts—Ippei Mizuhara incurred the debt through an illegal bookmaking operation, prosecutors said. Read More [Category: Business]
- + Executive on probation for giving freebies to a high roller and letting him gamble millions—Former MGM Grand President Scott Sibella pleaded guilty in January to violating federal anti-money laundering rules. Read More [Category: Business]
- + IRS considers cracking down on $230 billion charitable sector that critics call 'warehousing of wealth'—"There are abuses out there and there’s money going places it probably shouldn’t,” one law professor said. Read More [Category: U.S.]
- + Streamer Kai Cenat avoids riot charges after agreeing to pay for damage in Union Square giveaway gone wrong—Cenat and two codefendants agreed to pay more than $57,000 in restitution and apologize on social media for the Aug. 4 mayhem. Read More [Category: U...
- + How a NASM certification can kickstart your personal training career—As the need for fitness trainers and instructors grows, a NASM certification can be your entry point into a dynamic and in-demand field. Read More [C...
- + A 35-year-old junior Bank of America associate suddenly died—and it’s ignited discussions about Wall Street’s intense working conditions—Leo Lukenas III, a former Green Beret, joined Bank of America as an investment banker last summer. He died on May 2. Read More [Category: Finance]
- + CEO Dara Khosrowshahi wants more workers to return to the office—preferably in an Uber—After a full year of profitability, Uber reported a first quarter loss and its CEO blames a lack of commuters post-pandemic. Read More [Category: Bus...
- + Panera is ditching its Charged Lemonade after 2 customers died—but Gen Z is still thirsting for dangerous snacks and drinks—A 30-ounce Charged Lemonade reportedly contained 390 milligrams of caffeine, the equivalent of about five Red Bulls. Read More [Category: Business]
- + The UK’s second-richest man is demanding Manchester United workers return to the office—’If you don’t like it, please seek alternative employment’—Even if workers prefer flexibility, executives are getting impatient. Read More [Category: Business]
- + An heiress and reality TV producer are suing Los Angeles for the right to demolish the home where Marilyn Monroe died—Los Angeles City Council intervened in September 2023, but the property isn’t an historical landmark—yet. Read More [Category: Finance]
- + Billionaire heiress and reality TV producer are suing Los Angeles for the right to demolish the home where Marilyn Monroe died—Los Angeles City Council intervened in September 2023, but the property isn’t an historical landmark—yet. Read More [Category: Finance]
- + Traders have turned betting on the weather, a technique pioneered by Enron, into a booming $25 billion market—Companies from Wall Street to Main Street are flocking to the once-niche sector amid elevated climate scrutiny and extreme weather. Read More [Catego...
- + No, combustion engines won’t be supplanted by electric vehicles—and they’re critical for sustainable transport—EVs will play a key role in the green transition, but so will hybrids and other vehicles powered by internal combustion engines. Read More [Category:...
- + Billionaire Barry Sternlicht expects one bank failure per week due to real estate’s ‘fragile’ loans—The CEO of Starwood Capital Group believes rate hikes are inflicting unnecessary damage to real estate and regional banks, which are worth saving. Re...
- + Fannie Mae CEO: Beyoncé is right. Climate change has already hit the housing market—and homeowners aren’t prepared—'Wildfire burnt his house down/Insurance ain’t gonna pay no Fannie Mae,' says Beyoncé. Fannie Mae CEO Priscilla Almodovar explains why the singer is r...
- + FTX customers will get their money back and more—but the biggest winners are bankruptcy traders—The FTX estate has recovered up to $16.3 billion to repay customers. Hedge funds who bought customer claims are set to see 9-figure paydays. Read Mo...
- + Disney caps Marvel Studios output as it tries to recapture the magic of the ailing MCU—From now on, Iger will only approve a maximum slate of three MCU films a year and two Disney+ TV series in an effort to boost quality. Read More [Cat...
- + Columbia protesters are now facing possible lifelong consequences—"Columbia has disqualified itself from educating the future leaders of our country." Read More [Category: U.S.]
- + Columbia protestors are now facing possible lifelong consequences—"Columbia has disqualified itself from educating the future leaders of our country." Read More [Category: U.S.]
- + Live Nation’s $25 ticket offer backfires as people are unable to access the site—“Page Not Found” errors frustrated music lovers. Read More [Category: Music]
- + Sweden acts as guinea pig on interest rate cuts, moving before the Fed for the first time this century—The Riksbank's bold move risks stoking old inflationary pressures. Read More [Category: Economy]
- + Heir to Prada’s billionaire owning family signals openness to acquisitions as luxury dynasties look to the future—“We have been and will always be open to considering opportunities,” Lorenzo Bertelli, heir of the billionaire Prada family, said. Read More [Categor...
- + 'Phantom debt' from 'buy now, pay later' schemes is a $700 billion black hole that economists can't see a way around—Experts have been “lulled into complacency about where consumers are" as a result, a Wells Fargo analyst added. Read More [Category: Finance]
- + 'Phantom debt' from buy now pay later schemes is a $700 billion black hole that economists can't see a way around—Experts have been “lulled into complacency about where consumers are" as a result, a Wells Fargo analyst added. Read More [Category: Finance]
- + Disney+ will soon broadcast live sports—Consolidation of streaming services continues. Read More [Category: Sports]
- + Apple is a formidable opponent. That hasn’t stopped this CEO from suing the tech giant—Masimo founder and CEO Joe Kiani opens up about the battle with Apple for what he says are his company's IP and trade secrets. Read More [Category: L...
- + Wells Fargo launches Signify business credit card with 2% cash back—With no annual fee and unlimited 2% cash back, the Wells Fargo Signify Business Cash Card is a strong offering for small business owners who want a cr...
- + French ski resort feud worsens as mayor accused of trying to 'annex' territory over $21M ski lift bill—The mayors of Saint-Gervais-les-Bains and Megève are in a war of words that has descended into Hitler comparisons. Read More [Category: World]
- + Genesis and LedgerPrime alum raise $28 million for Arbelos, a crypto trading rival to Jane Street—As institutional money floods into crypto, the industry veterans are building a derivatives-focused business to provide liquidity to hedge funds and V...
- + Gen Zers could nab jobs from millennials if have AI skills, LinkedIn and Microsoft data shows—Microsoft and LinkedIn research of 31,000 knowledge workers reveals that managers are willing to overlook experienced candidates in favor of digitally...
- + More people are looking to leave their jobs now than during The Great Resignation, LinkedIn and Microsoft's study of 31,000 workers warns—Workers who switched jobs are already feeling burned out and undervalued—so yet again, they're looking to pastures new. Read More [Category: Busines...
- + Gen Z is sinking deeper into debt as higher costs for education and housing weigh it down, new data shows—While median minimum monthly debt payments for U.S. consumers grew by 32% between 2020 and 2023, for younger Americans that figure is a staggering 74%...
- + Taylor Swift “overshadowing” the Olympics as Americans flock to Paris for The Eras Tour—In 2023 the first round of Swift's U.S. concerts contributed $4.3 billion to the country’s GDP. Read More [Category: World]
- + Biden never forgot ‘Build Back Better.’ Top aide says he has ‘unfinished business’ to crack the childcare crisis and help the sandwich generation—“President Biden sees the world from kitchen tables in Scranton, and will finish the job to give families more breathing room at the end of the month,...
- + St. Petersburg’s first Black mayor will consider a $1.3 billion ballpark plan that seeks to make amends for demolishing historic Gas Plant neighborhood—The Historic Gas Plant Project name is a nod to the once-thriving Black community demolished for the Tampa Rays' current Tropicana Field and earlier f...
- + Time's up for Rolex? Cartier and Omega watches are holding their value better on the resale market—Average prices for Cartier watches are lower than Rolex and Patek Philippe, with many models changing hands for less than $5,000. Read More [Category...
- + Biden highlights $3.3 billion Microsoft plant in same Wisconsin city where Trump’s $10 billion iPhone plant never materialized—“Equally important as our own historic investments is the complete lack of investment on the other side,” Michael Tyler, the Biden campaign’s communic...
- + Mercedes back-pedals on 2030 electrification target as EVs sales slow —The goal is now to increase sales of its priciest cars. Read More [Category: Business]
- + Politicians and nonprofits will struggle to keep AI in check—but corporate boards can’t afford to fail—Global AI regulation remains uncertain. Boards can adopt AI practices that safeguard humanity while also meeting the fiduciary duty to their sharehold...
- + Huawei’s licenses to buy chips from Qualcomm and Intel revoked—House Foreign Affairs Committee Chairman Michael McCaul confirmed the administration’s decision. He said the move is key to preventing China from deve...
- + TikTok’s lawsuit against the U.S. reveals billionaire ByteDance founder Zhang Yiming is living in Singapore—Zhang Yiming joins a raft of corporate chieftains who’ve relocated to the island state after years of regulatory tightening and Covid restrictions ham...
- + The mysterious Miami firm that tried to buy Everton is being accused of $600 million fraud—"The powers-that-be are being disrespectful to our fellow shareholders, our fantastic world-wide fan-base and football as a whole by continuing to all...
- + Data-driven tactics are great, but Liverpool FC’s real AI goal is to help fans get more kicks out of their content—The world’s most-watched Premier League club is using AI to bring football home — wherever you live. Read More [Category: Artificial Intelligence]
- + London has 227,000 millionaires: More than Paris, but less than New York, and the figure is dropping—Brexit is likely to have contributed to a 10% drop in millionaires over 10 years. Read More [Category: World]
- + Tesla sends its former Asia head back to China as sales of its Shanghai-made EVs plunged 18% in April—Tesla faces stiff competition in China from companies like BYD and Xiaomi, forcing the U.S. EV maker to slash prices to boost sales. Read More [Categ...
- + Is money the secret to getting Gen Z talking? The U.K.’s national data crunchers reveal their latest tricks for finding out what makes them tick—The Office of National Statistics is revamping how to gets data on Gen Z participants, including higher cash prizes and face-to-face interviews. Rea...
- + BYD reiterates that it has no plans to sell in the ‘very protective’ U.S.—but hopes that things might get ‘back to normal’ after the election—BYD Americas CEO Stella Li said the U.S. EV market was in a "confusing stage," citing policy uncertainty and slowing consumer adoption. Read More [Ca...
- + An AI photo of pop star Katy Perry was good enough to fool her own mom—'that shows you the level of sophistication that this technology now has,' expert says—Each instance of deepfake photos underlines growing concerns around the misuse of AI, particularly regarding the potential to carry out scams. Read M...
- + Here's how death doulas bring comfort to the terminally ill—End-of-life doulas guide others through the very personal journey of dying. Read More [Category: Health]
- + UPS is searching for its next CFO—UPS will look inside its own ranks and outside the company for a strategic finance chief as the company seeks raise demand. Read More [Category: Bus...
- + After body blows from activist investor Nelson Peltz, Disney's Iger says streaming is 'on track' to profitability—Disney’s streaming unit lost $18 million this quarter, compared to a $659 million loss in the same quarter last year. Read More [Category: Business]
- + Small towns with affordable home prices beckon remote workers—An estimated 291,400 people last year migrated from other areas into America’s small towns and rural areas last year. Read More [Category: Business]
- + Miss USA 2023 relinquishes title due to mental health—Noelia Voigt made the announcement on her Instagram. Read More [Category: Mental health]
- + 10 real estate designations that help professionals stand out—A real estate designation can help you stand out as a real estate professional in an industry with a range of different career paths. Read More [Cate...
- + Columbia created new rules after historic 1968 protests. Its administration just broke them to authorize police on campus, university report concludes—Columbia made new rules after 1968 to protect students from mass arrests. Ignoring those rules has left a “sense of alienation and violation by studen...
- + Billionaire Stan Druckenmiller says he'd give Bidenomics an ‘F’ because inflation almost came down before the Fed 'fumbled on the five-yard line’—The famed investor accused the Federal Reserve and the Biden administration of misdiagnosing the severity of the pandemic’s economic crisis. Read Mor...
- + Boeing is such a mess it plans to 'celebrate' its latest whistleblower—even though two just suddenly died—“It’s critical that every one of us speak up,” Boeing VP Scott Stocker told employees in a memo. Read More [Category: Business]
- + Job seekers—you shouldn't balk when a test is part of your interview—Employers look for “can do” attitudes exemplifying grit, ambition, and problem-solving—not the opposite. Read More [Category: Opinion]
- + 200-page report offers ‘sobering look’ inside toxic workplace at the government agency that regulates bankers, sources say—The investigation was prompted by a Wall Street Journal article that reported female bank examiners had left the FDIC because of its “sexualized, boys...
- + Former Yahoo CEO Marissa Mayer was Google’s first female engineer—only because she tried to delete a recruiter email and accidentally opened it instead—Mayer's career can be boiled down to a single wrong keystroke. Read More [Category: Business]
- + I’m sick of the ‘model minority’ designation, and so are other Asian Americans. It’s time to define our own identities—Playing small and staying quiet may come with certain protections, but it also comes at a cost. Read More [Category: Opinion]
- + CSR is a core business function. It’s time to treat it that way—Increasingly, companies are strategizing how to use CSR to rebuild trust and transparency. Read More [Category: Commentary]
- + U.S. investigators ask Tesla why there have been 20 crashes since carmaker supposedly fixed Autopilot flaws—"Tesla tried to do the least possible remedy to see what they could get away with,” one observer said. Read More [Category: Tech]
- + Boy Scouts no more: Organization changes name to Scouting America as it exits bankruptcy after storm of controversy—The organization began allowing gay youth in 2013 and ended a blanket ban on gay adult leaders in 2015, and a few years later, announced that girls wo...
- + Biden condemns antisemitism, says people are forgetting that ‘Hamas unleashed this terror’—In remarks at the Capitol, Biden said that on Oct. 7, Hamas "brought to life" this type of hatred with the killing of more than 1,200 Israelis, mostly...
- + We ranked the best cash back cards available in 2024—These cash back credit cards can put hundreds of dollars back in your pocket. Read More [Category: Personal Finance]
- + New York governor regrets saying ‘we have young Black kids growing up in the Bronx who don’t even know what the word computer is’—Assemblywoman Amanda Septimo, a Bronx Democrat, who said the remark was “harmful, deeply misinformed, and genuinely appalling.” Read More [Category: ...
- + Spirit Airlines CEO, still salty after its failed JetBlue merger, calls the airline industry a ‘rigged game’ and consumers ‘the long-term losers’—Months after its challenge to the “Big Four” airlines falls apart, Spirit blasts the Department of Justice for blocking the proposed merger. Read M...
- + Spirit Airlines CEO, still salty after its failed JetBlue merger, calls the airline industry a ‘rigged game’ and consumers 'the long-term losers’—Months after challenge to “Big Four” airlines falls apart, Spirit blasts Department of Justice for blocking proposed merger. Read More [Category: F...
- + Revolut expands crypto push with U.K. trading platform—The platform will allow U.K. customers to buy and sell over 100 tokens. Read More [Category: Companies]
- + Revolut expands crypto push with UK trading platform—The platform will allow U.K. customers to buy and sell over 100 tokens. Read More [Category: Companies]
- + Elon Musk blasts obsolete education system for failing to reach kids—'you don’t want a teacher in front of a board’—The Tesla CEO likened educators to vaudeville entertainers in small town America—before Hollywood professionalized the trade, amateur thespians were b...
- + Elizabeth Holmes keeps chipping away at the length of her prison sentence—It’s the second reduction of the disgraced Theranos founder's jail time in under a year. Read More [Category: Business]
- + Facing jail threats, Trump posts and deletes criticism of judge and prosecutors on Truth Social—"No Judge has ever run a trial in such a biased and partisan way." Read More [Category: U.S.]
- + ‘Gray’ divorce is sky-rocketing among baby boomers. It can wreak havoc on their retirements—"The freedom and the chance to go self-realize and live the life you wanted is worth more than any financial stress." Read More [Category: Personal F...
- + Microsoft reveals AI that lives away from the internet for spies and top-secret info: ‘It is now deployed, it’s live, it’s answering questions, it will write code’—Microsoft spent the past 18 months working on its system, including overhauling an existing AI supercomputer in Iowa. Read More [Category: Artificia...
- + Europe's dilemma over China trade as cheap EV fears grow—Trade tensions are simmering as Xi Jinping visits the EU. Read More [Category: World]
- + Spain's Sabadell rejects BBVA takeover bid that would create a $75 billion bank—Sabadell's shares rose 7% in the week since it received its first surprise bid, while BBVA stock fell 8%. Read More [Category: Business]
- + To remain great performers under pressure, companies must rehearse—Building operational flexibility into a company's culture takes a lot of practice. Start practicing now. Read More [Category: Commentary]
- + Elon Musk’s doomerist hobby is falling to sleep at night listening to podcasts on the end of civilization—“There are many long dead civilizations. At some point our civilization will come to an end, too.” Read More [Category: Business]
- + America’s booming economy pushes back Medicare, Social Security ‘go-broke dates’ to the mid-2030s—Social Security Administration Commissioner Martin O'Malley called the report “a measure of good news." Read More [Category: Economy]
- + Bernie Sanders knows Biden’s tenure might play out like LBJ and Vietnam but he’s fighting anyway: ‘You have to have a certain maturity when you deal with politics’—Just last week, Sanders warned that the crisis in Gaza could be Biden's “Vietnam" and invoked President Lyndon B. Johnson's decision not to run for re...
- + Why are small businesses rely on VoIP for their phone systems?—Voice-over-internet-protocol, or VoIP, is a more affordable and dynamic solution to landline phones. Read More [Category: VOIP]
- + Can CRMs really help teams close more deals?—CRM tools can help teams collaborate, close deals, and track customer behaviors. Read More [Category: Personal Finance]
- + Dialpad Review: Is it right for your business needs?—Artificial intelligence enhances every aspect of business, and Dialpad is fully embracing machine learning in their business phone system. Read More ...
- + Is Intermedia Unite the best VoIP for small businesses?—Intermedia Unite packs in many features that make it a top-tier communications provider. With options for voice, video conferencing, and team collabor...
- + 8x8 review: Lots of cloud communication plans, but less transparency—8x8 has a great range of VoIP and contact center tools, but a lack of transparency around pricing is a noted issue. Read More [Category: Personal Fin...
- + Can PBX phones systems deliver a cost-cutting solution your business needs?—Private branch exchange (PBX) comes in various setup types from traditional hard-wired to virtual phone options making ideal for all business sizes. ...
- + Craft a CX that wins and retains clients—Your CX strategy and implementation can make all the difference for a business looking to grow its consumer base. Read More [Category: CRM]
- + Is a sales pipeline the solution to your business challenges?—A sales pipeline helps organize leads and makes the sales process more efficient. Read More [Category: Personal Finance]
- + Billionaires sipped wine, noshed on caviar at lavish Formula 1 gala that included Goldman CEO David Solomon, Elon Musk and investor Nelson Peltz—The star-studded event saw billionaire snowbirds Jeff Bezos and Ken Griffin dine with athletes LeBron James and Patrick Mahomes. Read More [Category...
- + 'Punched, kicked, grabbed, and brushed up against'—nurse's husband sues her employer after she was strangled on the job—Ronald Grayson sued Elara Caring, its affiliated companies, and others over the killing of his wife, Joyce Grayson, a 63-year-old mother of six who wa...
- + Janitors hired to clean a meat plant owned by $8 billion Perdue Farms used children for the work, regulators said—The Labor Department’s latest statistics indicate the number of children being employed illegally in the U.S. has increased 88% since 2019. Read More...
- + The accounting firm that Trump hired for his media firm’s IPO was caught copy-and-pasting previous audits and is now banned forever—The firm and its founder have agreed to pay a combined $12 million in penalties and to a permanent suspension. Read More [Category: Business]
- + Joe Manchin and mining officials slam EV tax credit rule change, calling it a “blank check” to China—Automakers, industry groups applaud two-year extension to policy allowing them to use Chinese graphite and still qualify for tax credits. Read More [...
- + Social Security is doing a little better. But it still won’t be able to pay full benefits by 2033—The trustees encourage lawmakers to take "action sooner rather than later" to shore up the programs. Read More [Category: Personal Finance]
- + Target treks off the beaten path amid sales slump—by selling its own-brand products at other retailers—The Minnesota-based retailer is expanding its partnership with Canadian department store Hudson’s Bay to sell its private-label children’s clothing li...
- + Equinox is offering a $40,000 a year personalized wellness program to help you live longer. Here’s what it includes—The luxury fitness chain launches a new personalized longevity program that’ll deliver a range of in-depth assessments and guidance. Read More [Categ...
- + Amtrak no longer has to live ‘hand to mouth’ after being starved of funding for decades, CEO says—The passenger rail network is receiving $66 billion in funding from the bipartisan infrastructure bill—and is finally able to plan ahead. Read More [...
- + Health care workers are burned out and overwhelmed. AI can streamline operations and help them do their real job: treating patients—AI will help health care organizations simplify paperwork and enable workers to reach more patients in less time—if it's properly deployed. Read More...
- + Massachusetts jumps into housing debate with mansion tax proposal—Gov. Maura Healey’s $4 billion housing bond bill includes a provision allowing cities to impose a transfer fee of 0.5% to 2% on property sales exceedi...
- + Americans have now spent all $2.1 trillion of their pandemic savings, San Francisco Fed says—Consumer spending hit a peak of $85 billion per month last fall. Read More [Category: Economy]
- + Hamas claims it accepts cease-fire after Israel orders evacuation from Rafah with offensive imminent—There was no immediate comment from Israel on the Egyptian-Qatari proposal, the details of which had not been released. Read More [Category: World]
- + Warren Buffett says he was ‘100% responsible’ for Berkshire Hathaway’s bad bet on Paramount: ‘We lost quite a bit of money’—“It was 100% my decision, and we sold it all,” the Oracle of Omaha said at Berkshire’s annual meeting on Saturday. Read More [Category: Business]
- + Why a Benioff acolyte left Salesforce after 15 years to lead a $3 billion HR software firm she thinks might one day be its rival —AI has ushered in “a great era of augmentation," and Sarah Franklin, Lattice's new CEO, is poised to crest that wave. Read More [Category: Business]
- + AI’s massive appetite for energy will make or break climate-change goals—Aging energy infrastructure can’t handle AI’s huge power needs. Experts are divided on whether an AI-fueled grid will mean more solar panels or more c...
- + Trump Media ejects its auditor after regulators find the firm falsified documents in 'massive fraud'—To settle the charges, accounting firm BF Borgers and owner Benjamin F. Borgers agreed to pay a combined $14 million in civil penalties and agreed to ...
- + Jeff Goldblum isn’t planning on letting his kids be nepo babies. ‘You’ve got to row your own boat’—He adds that sometimes that first job might be within their passion, and other times it’s more about just getting the work done. Read More [Category:...
- + Elon Musk urges investing legend Warren Buffett to buy a stake in Tesla: ‘It’s an obvious move’—Tesla investors have long prayed that the Berkshire Hathaway icon would bless their totemic CEO with an investment in his EV company rather than back ...
- + Elon Musk urges investing legend Warren Buffett to buy a stake in Tesla—‘it’s an obvious move’—Tesla investors have long prayed that the Berkshire Hathaway icon would bless their totemic CEO with an investment in his EV company rather than back ...
- + Citadel founder Ken Griffin donates $2.5 million to Call of Duty Endowment—Contribution comes during Military Appreciation Month. Read More [Category: U.S.]
- + Here's how Pacaso CEO Austin Allison made his first million—The real-estate entrepreneur is focused on helping people own ritzy second homes — even just partially — in locales like Aspen, Cabo, and Miami. Read...
- + Houston braces for extreme heat after nonstop rains brought as much as 23 inches to the area—Hundreds of people had to be rescued. Read More [Category: Environment]
- + After being outmaneuvered by Trump on social media in 2016, Democrats are in a fevered race with GOP to exploit AI in the 2024 campaign—Biden's campaign has experimented with using AI to generate fundraising emails, which sometimes have been more effective than human-written ones. Rea...
- + Forget the nurse call button. Patients now stay connected by wearing one—Dozens of hospitals have deployed a device that uses AI to monitor patients remotely. One hospital says it reduces nurses’ workloads — but some nurses...
- + Howard Schultz urges Starbucks to 'fix' U.S. stores after big earnings miss—“The company’s fix needs to begin at home:” Read More [Category: Business]
- + Cesar Luis Menotti, the ‘thin one’ who led Argentina to its first World Cup in 1978, has died at 85—The longtime smoker once talked of meeting the great writer Jorge Luis Borges: "When I asked him if it bothered him that I smoked, he told me: ‘What i...
- + Columbia cancels university-wide commencement amid protests but will hold smaller ceremonies 5 miles away from the main campus—“Our students emphasized that these smaller-scale, school-based celebrations are most meaningful to them and their families." Read More [Category: Ed...
- + Warren Buffett predicts ‘higher taxes are likely’ since the national debt won’t pay for itself—Asked at Saturday's shareholder meeting why Berkshire Hathaway sold 115 million shares in Apple stock over the past quarter, Buffett warned it may hav...
- + China President Xi's European charm offensive turns to trade and 'fair competition' as he meets with France's Macron—As France prepares to host the Summer Olympics, Macron said he would ask Xi to use his influence to make the Games “a diplomatic moment of peace.” Re...
- + Democrats race to design ways to best use AI in 2024 campaign—The technology that could transform American elections — and perhaps threaten democracy itself. Read More [Category: Politics]
- + 'The Fall Guy' posts weak $28.5 million opening, providing Hollywood a lukewarm start to the summer movie season—The modest start for “The Fall Guy” hints at larger concerns for the film industry. Read More [Category: Finance]
- + Former Trump campaign manager who used Cambridge Analytica to target Facebook ads in 2016 run has returned with his own AI platform—Brad Parscale, the digital campaign operative who helped engineer Trump’s 2016 presidential victory, vows that his new, AI-powered platform will drama...
- + Starbucks ex-CEO Howard Schultz says chain needs a major fix after biggest sales miss in years: 'There must be contrition'—Shares plummeted after sales dropped this month for the first time since the early days of Covid in 2020. Read More [Category: Business]
- + Qantas will pay $66m penalty and compensate passengers for selling tickets on thousands of ‘ghost flights’ it had already decided to cancel—The deal settles a fiery legal dispute between Qantas and the Australian Competition and Consumer Commission that last year triggered the early retire...
- + Hush money, gag order and catch and kill: A dictionary for Trump’s New York criminal trial—Donald Trump’s New York criminal trial is full of terms you don’t typically hear in a courtroom. Read More [Category: U.S.]
- + Why Airbus won't expand its lead on Boeing even as its biggest rival stumbles—Airbus already is making planes as fast as it can and has a backlog of more than 8,600 orders to fill. Read More [Category: Business]
- + Warren Buffett saw an AI deepfake video of him that was so good he says he could imagine it tricking him into sending money overseas—“As someone who doesn't understand a damn thing about it, it has enormous potential for good and enormous potential for harm and I just don’t know how...
- + Nearly all stablecoin transactions are from bots and large-scale traders, not genuine users, study says—Out of about $2.2 trillion in total transactions in April, just $149 billion originated from “organic payments activity,” according to Visa. Read Mor...
- + Crypto bros eager to buy homes lifted prices as the wealth effect from tokens spilled over to some housing markets, study says—Home prices in crypto-wealthy counties grew 43 basis points faster, pushing the median house price up by about $2,000 in 12 months. Read More [Categ...
- + The federal government will provide an additional $400 million for security at places of worship amid threats against Jewish and Muslim communities—Places like synagogues and mosques could apply to use the money to hire security personnel or install cameras. Read More [Category: U.S.]
- + America has a $250 billion problem: Microplastics have invaded our bloodstreams and may increase the risk of heart attack and stroke—Here's what we know about microplastics and their potential effects on human health. Read More [Category: Health]
- + Warren Buffett changed the succession plan by saying Greg Abel will run Berkshire's investments, even though he's never been a stock picker—Buffett said because Abel understands businesses so well, he also understands stocks. Read More [Category: Business]
- + The U.S. economy is headed for a hard landing, and Fed rate cuts won't be enough to rescue it, Citi says—"The next stage of the policy cycle is a weakening of the labor market. Once it starts gradually weakening, it then weakens more sharply. I think that...
- + $3 trillion could be injected into the U.S. economy without any federal spending by tweaking this corner of the mortgage market, 'Oracle of Wall Street' says—"Rarely have I seen such a true win-win scenario for the government, Wall Street and the U.S. consumer." Read More [Category: Economy]
- + Gen Z will pay dearly for this U.S. blunder on the massive debt that boomers, Gen X, and millennials are dumping on them, former White House economist warns—"Half of young adults don’t think they will ever afford a home, yet they will be asked to pay for their grandparents’ profligacy." Read More [Categor...
- + Chinese President Xi Jinping begins charm offensive in Europe amid growing uncertainty about future U.S. support for allies—Xi started Sunday in France, whose president wants Europe to have more economic and strategic independence from other world powers. Read More [Categ...
- + Boeing CEO David Calhoun's 45% pay hike to $32.8 million should be rejected, shareholder advisory says—CEO David Calhoun’s 45% pay jump from the prior year should be rejected at the company’s annual meeting on May 17, shareholder advising firm ISS said....
- + Russia's economy has propped up Putin amid Western sanctions, but a key weak spot is emerging in the Arctic—Russia is currently the fourth-largest LNG exporter globally, but restrictions on the flagship Arctic LNG 2 are crimping its aspirations to go further...
- + Boeing is about to face a big test after falling behind Elon Musk's SpaceX—It’s the first flight of Boeing’s Starliner capsule with a crew on board, a pair of NASA pilots who will check out the spacecraft during the test driv...
- + E-commerce is witnessing the Amazon-ification of Shein, as the fast-fashion behemoth woos skincare and toy brands—Shein is hunting down a $90 billion valuation, IPO approval—and Amazon’s online retail stronghold. Read More [Category: Business]
- + This GenZ entrepreneur started mowing lawns aged 12—he skipped college and now his gardening business turns over $1 million a year—Chase Gallagher was just 12 years old when he started mowing his neighbor's lawn for $35. The Gen Zer kept at it instead of going to college and now h...
- + Gas stove pollution harms poor and minority Americans the most, due in part to different home sizes, study says—The researchers estimated that gas and propane stoves contribute to as many as 19,000 adult deaths annually in the US, as well as 200,000 childhood as...
- + Social-media sensation 'Shug' the zebra is recaptured after evading a rodeo clown and horse trainers to spend nearly a week on the run—Local residents and animal control officers corralled "Shug" in the community of Riverbend, about 30 miles east of Seattle. Read More [Category: Wild...
- + Are cold plunges and saunas safe for kids? What parents need to know about the benefits and risks—More adults have been incorporating saunas and cold plunges into their wellness routines, and increasingly, their kids are, too. Read More [Category:...
- + The NCAA and top college conferences could pay $3 billion and share revenue with athletes to settle an antitrust lawsuit—Schools in the Big Ten, Big 12, Atlantic Coast Conference and Southeastern Conference could be on the hook for about $30 million per year, which would...
- + India and Japan hit back at Joe Biden's comments calling them 'xenophobic' countries like Russia and China—Biden made the remarks during a campaign fundraising event on Wednesday. Read More [Category: World]
- + Elon Musk has turned Tesla into a meme stock as he tells Wall Street to value the EV maker like an AI company, top economist says—"The fundraiser, cheerleader, and coach for teams developing real technologies has become a meme-stock carnival barker." Read More [Category: Technol...
- + Warren Buffett warns on AI, teases succession, and hints at possible investment during Berkshire Hathaway's annual meeting—“I trust my children and my wife totally, but that doesn’t mean I ask them what stocks to buy,” Buffett said. Read More [Category: Business]
- + Top Boeing executive weighs in on qualities the next CEO should have as the search for a new boss takes more twists and turns—In a note distributed to investors on Thursday, JPMorgan analysts recounted a recent meeting they had with Boeing CFO Brian West. Read More [Category...
- + Japan's child population falls for the 43rd straight year to a fresh record low, weighing on economic prospects—The ratio of children to Japan’s total population decreased to 11.3%, also touching an all-time low. Read More [Category: Economy]
- + Geely's EV brand Zeekr plans what could be the biggest U.S. IPO by a Chinese company since 2021—Zeekr is seeking to raise as much as $367.5 million in a U.S. initial public offering. Read More [Category: Technology]
- + Boeing’s weakness has a lesser known rival from Brazil gearing up to compete, and American Airlines’ CEO is a fan—“Therefore, we have no doubt Embraer could develop an excellent jet to compete in the same class as the 737 Max and the A320neo, on budget, on time an...
- + How to watch the 2024 Kentucky Derby for free online—and without cable—Mint julip? Check. Giant hat? Got it! All you need to know for Derby Day. Read More [Category: Sports]
- + An AI-controlled fighter jet with the Air Force secretary onboard flew against a human pilot in a secret dogfight: 'It’s a security risk not to have it'—The AP, along with NBC, was granted permission to witness the secret flight on the condition that it would not be reported until it was complete. Rea...
- + Warren Buffett's Berkshire Hathaway sells 100 million Apple shares as cash pile and operating profit surge—Berkshire's investment in the iPhone maker is still the biggest one in the $364 billion portfolio at $135.4 billion. Read More [Category: Business]
- + Millennial’s love affair with pet chickens is big business for a $30 billion retail chain—‘In America, the new companion animal is the chicken’—Tractor Supply is hoping to capitalize on how much people have come to treasure their chickens. Read More [Category: Finance]
- + London's Royal Opera House plans a new renaissance starting with a name change — and potential Netflix series—To fill a multimillion-pound funding gap, the institution will begin streaming on social media sites such as YouTube and will team up with brands. R...
- + Europe’s largest smart city arises from the ashes of Greece’s debt crisis—Spread across 6,200 acres outside of Athens, Greece, Ellinikon will transform the coastline and the country. Read More [Category: World]
- + The U.K. economy could stare down long-term irrelevance without immigration—The U.K. is expected to grow more slowly than most of the world's developed nations this year, but it can save itself in the long run. Read More [Cat...
- + 75% of Americans think mental health issues are treated worse than physical illness, new survey says. Here’s why—The older the survey respondents, the more likely they were to think mental health issues are treated worse than physical ones. Read More [Category: ...
- + Right, wrong, and a moment for clarity: Why universities must adopt a zero-tolerance policy—The right to protest does not equal the right to cause the chaos roiling Columbia and other universities, writes Capitolis CEO Gil Mandelzis. Read Mo...
- + Wall Street watchdogs want another crack at clawing back big bonus payouts after executive misconduct—Last year’s banking turmoil reignited debate about holding executives accountable for bad decisions. Read More [Category: Business]
- + 5 signs your skin is just as stressed out as you are —Addressing your skin’s stress requires both inner work and outer work. Read More [Category: Health]
- + Rule tweak allows Tesla, EV makers to maintain tax-credit marketing push in car sales—Critics say the new rules amount to freebies for China. Read More [Category: Business]
- + Lack of supervision at psychiatric facility led to sexual assaults and a patient's escape to a pond: report—The state hospital has long struggled to address staffing shortages, overcrowding and other security lapses. Read More [Category: Business]
- + New Florida resident Jeff Bezos pumped $60 million into making lab-grown meat taste better. Ron DeSantis just banned it from the state—An announcement about the legislation went viral for reasons completely unrelated to meat of any kind: “It’s the worst picture of me,” a reality star ...
- + Airlines plead tech failure after government orders automatic refunds for wronged travelers—Frontier CEO said the airline industry’s technology may be a barrier to compliance. Read More [Category: Business]
- + Cinco de Mayo may be boozier than New Year’s Eve and St. Patrick’s Day, a survey finds—A decades-long push by American beer companies is partly responsible for it. Read More [Category: Economy]
- + Renters care more about having a pet-friendly apartment than a washing machine, Zillow and Bark study shows—Zillow data shows that 59% of renters have at least one pet, with 40% having a dog in 2023. Read More [Category: Economy]
- + From broke to a Bravo TV star: Luxury real estate mogul Ryan Serhant’s 3 secrets for success—Having empathy and the guts to bet on yourself are part of what distinguishes a good realtor from a great one, Ryan Serhant explains. Read More [Cate...
- + Softer jobs report could ease pressure on inflation, but ‘one month does not make a trend,’ Glenmede says—Unemployment ticked up slightly, and wages rose less than expected. But is that a blip or the start of a trend? Read More [Category: Business]
- + Most Americans believe it will take over two decades to pay off their student loans—What some call the best four years of your life might end up leaving a decades-long aftertaste. Read More [Category: Business]
- + I’m paid $14 an hour to rate AI-generated Google search results. Subcontractors like me do key work but don’t get fair wages or benefits—Quality raters are critical to ensuring that Google search results aren’t littered with fraudulent or dangerous results. Read More [Category: Techno...
- + It’s ‘just what the Fed chair wanted’ as the economy adds fewer jobs and unemployment rises to 3.9%—“For those grappling with renewed stagflation fears, this payrolls report supports what Powell said earlier this week about not seeing the ‘stag’ or t...
- + Trump Media's accounting firm accused of massive fraud as a 'sham audit mill' that created false papers, did nonexistent work, and fabricated meetings—Trump Media “looks forward to working with new auditing partners in accordance with today’s SEC order,” a representative for the company said. Read ...
- + OpenAI’s Sam Altman doesn’t care how much AGI will cost: Even if he spends $50 billion a year, some breakthroughs for mankind are priceless—Altman is more worried about how quickly society can adapt to the technology: “One thing we’ve learned is that AI and surprise don’t go well together....
- + OpenAI’s Sam Altman doesn’t care how much AGI will cost—even if he spends $50 billion a year, some breakthroughs for mankind are priceless—Altman is more worried about how quickly society can adapt to the technology: "One thing we’ve learned is that AI and surprise don’t go well together....
- + I couldn’t make a living wage when I was released from prison. Now I run a successful business—"Without entrepreneurship, I am not sure where I would be," writes inmate-turned-entrepreneur Claudia L. Shivers. Read More [Category: Business]
- + Google locks its search on your iPhone for $20 billion a year, government argues in epic monopoly case—In closing arguments, Google maintained that its ubiquity flows from its excellence, and its ability to deliver consumers the results that it's lookin...
- + You can pay as little as $2,000 to join a nude cruise leaving Miami that wraps up on Valentine’s Day—Bare Necessities is a nudism-focused travel company. Read More [Category: U.S.]
- + How basic economy flights essentially cover my United Explorer Card’s annual fee—Is an annual fee for an airline credit card worth it? In the case of the United Explorer, this traveler manages to recoup that value with basic econom...
- + High interest rates take a bite out of hiring as employers add just 175,000 jobs in April—April's figure is just over half the previous month's number. Read More [Category: Finance]
- + Army releases unsettling ad with haunting, nightmarish images and subliminal messaging to fill its hardest vacancy: psyops—The Army’s Special Operations recruiters who recruit from already-serving soldiers say they are making about 75% of their overall goal, which is betwe...
- + Companies using AI have nearly doubled—but only to 5.4%, Census Bureau finds—Overall use of AI tools by firms in the production of goods and services is expected to rise to 6.6% by early fall, according to the bureau's Business...
- + Dog experts cry foul at Kristi Noem’s shocking description of killing her puppy: ‘I think she may have shot herself in the foot’—“I’m not sure which thing she did was stupider: The fact that she murdered the dog, or the fact that she was stupid enough to publish it in a book,” s...
- + Gen Alpha will have $5.5 trillion of spending power by 2029 and CFOs see them just ‘a click away from purchasing things’—"The crux here, from a financial perspective ... corporate America has disregarded gaming as the juggernaut it is," says Cathy Hackl, Spatial Dynamics...
- + Private equity is bankrupting American healthcare firms—literally—At least 21% of the 80 healthcare companies that filed for bankruptcy last year were PE-owned, according to a report from the nonprofit Private Equity...
- + Andy Jassy sums it up for corporate America: ‘Customers are shopping, but remain cautious’—McDonald’s CEO Chris Kempczinski and Starbucks CEO Laxman Narasimhan sounded similar tunes on their earnings calls this week, too. Read More [Categor...
- + ‘They get you hooked on having that money’: Meet a 60-year-old who pays interest to get cash between paychecks and has nothing left over—Sheri Wilkins calculates that she loses three hours of wages per week. "It’s fine and great to have it — to buy groceries and cigarettes — but when it...
- + New York jury hears tape of Trump and Michael Cohen debating how to buy Playboy model’s silence—The second week of testimony in the case will wrap up Friday after jurors heard a potentially crucial piece of evidence: a recording of Trump and Cohe...
- + One of the poorest and unhealthiest states in America just spiked a Medicaid opposition amid widespread Republican opposition—Mississippi's Republican Gov. Tate Reeves refers to Medicaid as “welfare” and says he does not want more people to enroll. Read More [Category: Healt...
- + IRS scrambles to reverse dire statistics on plunging audits for millionaires, soaring reviews for Black Americans—A January 2023 study found that IRS data-driven algorithms selected Black taxpayers for auditing at up to 4.7 times the rate of non-Black taxpayers. ...
- + Janet Yellen tackles democracy’s importance for economic growth, saying authoritarian rhetoric is ‘deeply flawed’—Yellen acknowledged that democracy “doesn’t seem like typical terrain for a treasury secretary,” but it's critical to building and sustaining a strong...
- + Europe’s largest local authority went bankrupt over equal pay claims worth up to $1 billion—turns out, it may not bleed too much money on it after all—Financial difficulties for the Birmingham City Council, which represents over 1 million people, have been mounting—but it's not the only one in the U....
- + Biden administration says 100,000 Dreamers will enroll in Obamacare—It will allow thousands of migrants to access lucrative tax breaks when they sign up for coverage after the Affordable Care Act's marketplace enrollme...
- + Carvana's father-son founding duo have made $11bn during 3,000% stock rebound—The one-day surge pushed the older Garcia’s fortune to $10.9 billion from a 2022 low of $3.1 billion, while his son’s net worth climbed to $3.8 billio...
- + Norway's $1.6tn oil fund CEO—who said Americans work harder than Europeans—has a countdown in his office to show how many days he has left on he job—"Now why do I have that? Is it because I don't like my job? No. I love my job." Read More [Category: Success]
- + 7-to-7 is the new 9-to-5: Research shows that workers’ days in the office are fewer but longer than pre-pandemic—Sorry, Dolly Parton working nine to five is no longer a way to make a living. Read More [Category: Business]
- + Nippon Steel is putting off its $14.1bn takeover of U.S. Steel by 3 months—The new timing could push the closing beyond the election, but Nippon Steel denied the delay was related to that. Read More [Category: Business]
- + Ryan Reynolds blasts ‘the thick buttress of bureaucracy' slowing Wrexham stadium expansion—Reynolds and co-owner Rob McElhenney have run into scrapes with regulators over their attempts to expand Wrexham's Racecourse stadium. Read More [Cat...
- + The transition to electrification ramps up as Ferrari unveils a $423,000 sports car to rival BYD's electric supercar—Ferrari’s F1 team and its reputation for quality have helped make it the strongest luxury automotive brand in the world. Read More [Category: Busines...
- + Almost 2,200 have been arrested during pro-Palestinian college protests—A tally by The Associated Press recorded at least 56 incidents of arrests at 43 different U.S. colleges or universities since April 18. Read More [C...
- + Potential unleashed: How companies can leverage new technologies for safe data sharing—Security and privacy issues have made businesses reluctant to share data with each other. But those are problems that technology can solve. Read Mor...
- + Maui is suing cell carriers because its Lahaina wildfire warning alerts were never received—Had emergency responders known about cellphone outages, they would have used other methods to warn about the disaster, county officials said in a laws...
- + Russian gas giant Gazprom, hammered by Western sanctions, makes first loss in 24 years—Revenue from gas fell by 40% and shares fell as much as 4.4%, the steepest decline in over a year. The company's biggest shareholder—the Russian gover...
- + People will keep eating Oreos despite Ozempic surge, according to CEO of maker Mondelez—The Sour Patch Kids and Ritz crackers maker is monitoring the impact of Ozempic and other GLP-1 drugs “quite carefully,” according to its CEO. Read M...
- + Apple reports a surprise jump in iPhone sales in competitive China and analysts don't know how after months of data showed a major slump—“What are we missing,” Wells Fargo analyst Aaron Rakers asked, “given the data points that were reported throughout the course of the last quarter?” ...
- + Berkshire board member blesses Buffett's successor but warns—'he's not going to be as entertaining as Warren and Charlie'—“Greg is not somebody who is going to be as likely to create the kind of following in the press that I think Warren has had,” longtime board member Ro...
- + NYPD officer fired a gun while removing barricaded college students from hall, prosecutors confirmed—Police had said protesters inside the Columbia University hall presented no substantial resistance. Read More [Category: Business]
- + Blacklisted Chinese tech giant is covertly funding scientific research at U.S. universities through a nonprofit—Huawei is the sole funder of a research competition that has attracted hundreds of proposals from scientists around the world, some of whom have been ...
- + Michigan couple who once gave $128 million to 550 employees, turn their attention to college scholarships—Bob and Ellen Thompson are expanding the scholarship program at Bowling Green University. Read More [Category: Business]
- + Scuba boat captain given four year prison sentence in fire that killed 34 people—The boat caught fire before dawn on the final day of a three-day excursion. Read More [Category: Environment]
- + Coinbase revenue soars by 72% to $1.6 billion, smashing analysts’ predictions—The increase was fueled by a boost in consumer and institutional transactions due to favorable conditions in the wider cryptocurrency market. Read Mo...
- + Serena Williams’s father made her manage her money from the start—Williams’s father taught her to diversify her income streams, she said. Read More [Category: Business]
- + Serena Williams’ father made her manage her money from the start—Williams’ father taught her to diversify her income streams, she said. Read More [Category: Business]
- + American infrastructure cracks again as tanker fire shuts down Interstate-95 in Connecticut for days—A tanker truck filled with gasoline burst into flames in a three-vehicle crash on I-95, closing the East Coast’s main north-south highway Thursday and...
- + ‘Google is winning because it’s better,’ lawyer tells antitrust judge. His response: that’s odd—U.S. District Judge Amit Mehta went back and forth with Google’s lead litigator, John Schmidtlein, during the first day of the antitrust trial's closi...
- + Moderna’s sales from its only product, the COVID-19 vaccine, fell 91% from last year—The drugmaker is optimistic about higher sales with new vaccines and a little help from AI in the coming years. Read More [Category: Health]
- + Analysts have long complained about fuzzy statistics from China. A new data fraud law shows Beijing is worried too—Economists and even Chinese officials have used their own pet statistics to better understand the world's second-largest economy. Read More [Category...
- + 'Almost impossible': Janet Yellen despairs at housing market's one-two punch for first-time buyers—Home prices are up in every major U.S. city, plus mortgage rates are nearing their 2023 peak. Read More [Category: Economy]
- + Job candidates are getting ‘ghosted’ and ‘love bombed’: Here’s the ‘rot at the core of recruiting,’ according to a top careers site CEO—Even in a job market that ultimately favors applicants over firms, the hiring process remains a grueling ordeal. Read More [Category: Business]
- + Job candidates are getting 'ghosted' and 'love-bombed': Here's the 'rot at the core of recruiting,' according to a top careers site CEO—Even in a job market that ultimately favors applicants over firms, the hiring process remains a grueling ordeal. Read More [Category: Business]
- + How Hakeem Jeffries, a future speaker of the House, may already be wielding that kind of power—The minority leader of the House Democrats has provided the votes to prevent a federal shutdown and to seal a $95 billion foreign aid package to Ukrai...
- + Actor Halle Berry is pushing for legislation to fund menopause research and education: ‘The shame has to be taken out of menopause’—Berry, 57, shouted about menopause outside the U.S. Capitol on Thursday. Read More [Category: Health]
- + Baltimore’s grim bridge math: $350 million insurance payment versus $1.9 billion rebuilding estimate—All six victims of the Francis Scott Key Bridge disaster were Latino immigrants who came to the U.S. from Mexico, Guatemala, El Salvador and Honduras....
- + Florida braces for hurricane season with $850 million ‘catastrophe bond’ issuance—Struggling property insurance market is showing glimmers of promise as reinsurance costs soften and private companies get back in the game. Read More...
- + ‘What have we done?’ Stormy Daniels’ lawyer reveals his 2016 election night epiphany—The attorney Keith Davidson was texting the editor of the National Enquirer on election night. “Oh my god,” came the response as they realized they mi...
- + Oil founder’s reams of text message and meetings with OPEC weren’t collusion, Exxon merger partner says, claiming ‘fundamental misunderstanding’—Exxon's $60 billion deal to buy Pioneer Natural Resources got clearance from the FTC, but there was a big catch in the form of its co-founder, Scott S...
- + ‘Order must prevail’: Biden rejects campus protesters’ demands to change stance on Israel—“Dissent is essential for democracy,” Biden said at the White House. “But dissent must never lead to disorder.” Read More [Category: U.S.]
- + Gen Zers face a Sisyphean task when it comes to building wealth: They’re richer than you think, but have no spending power—Young people are richer than other generations at the same age, but still blocked from true financial independence due to inflation, debt, and the hou...
- + Another Boeing whistleblower is dead—this time a healthy 45-year-old who battled a sudden, severe infection—“It is known at Spirit that if you make too much noise and cause too much trouble, you will be moved,” Joshua Dean once told the Wall Street Journal. ...
- + Aflac’s HR chief reveals 3 ways to attract Gen Z to your company—Jeri Hawthorne, who has been Aflac’s CHRO for just over a year, says there are three initiatives HR can undertake to not only attract Gen Z employees ...
- + BlackRock reports first outflows as Bitcoin ETFs shrink 20% since March—On Wednesday, outflows were recorded from every spot Bitcoin ETF for the first time, amassing the greatest losses since trading began in January. Rea...
- + A 2019 email from Microsoft's CTO to CEO Satya Nadella and Bill Gates shows how spooked the company was by its AI rivals Google and OpenAI—'I was highly dismissive of their efforts. That was a mistake,' Microsoft chief technology officer Kevin Scott said at the time. Read More [Category:...
- + FTC rocks oil industry with claim that Texas executive was colluding with OPEC to fix prices—The FTC order approving an Exxon merger says Pioneer Natural Resources co-founder Scott Sheffield exchanged hundreds of text messages with OPEC repres...
- + Holocaust survivors launch #CancelHate campaign amid antisemitic incidents, protests—The #CancelHate was launched Thursday by the New York-based Conference on Jewish Material Claims Against Germany. Read More [Category: Leadership]
- + ‘We must also confront the dark side of AI’: Japan PM unveils international framework to rein in game-changing tech—Some 49 countries and regions have signed up to the voluntary framework, called the Hiroshima AI Process Friends Group. Read More [Category: Technolo...
- + Gen Z environmentalists fail to convince government to even try their case about constitutional right to life-sustaining climate—“I have been pleading for my government to hear our case since I was 10 years old, and I am now nearly 19,” said one of the activists, Avery McRae. R...
- + COVID-19 hospitalizations are at their lowest levels since the start of the pandemic—CDC will stop requiring hospitals to report the data. Read More [Category: Health care]
- + LinkedIn gets into the games business as the Wordle model spreads—But do people want another social media feed of game results? Read More [Category: Entertainment]
- + Professor who invented tool to mass unfollow people on Meta is preemptively suing because he’s afraid of the platform banning him—The Knight First Amendment Institute at Columbia University filed a lawsuit against Meta on behalf of a UMass Amherst professor who wants to release "...
- + Biden to address nationwide campus protests, White House official says—Biden once spoke of his law school experience at Syracuse University during the protest era of 1968. “I’m not big on flak jackets and tie-dyed shirts....
- + ‘Preparing you for the real world’: Reviewing Avocademy's UI/UI bootcamp—The UX/UI bootcamp was No. 2 in Fortune’s ranking of the best for 2024. Read More [Category: Education]
- + Elon Musk’s shock firing of Supercharger team sparks broader fears about the future of the EV industry–‘Tesla is yielding the charging crown’ —Tesla has been cutting back as growth in EVs has slowed considerably, but Musk firing his Supercharger team has left many diehard supporters bewildere...
- + Employers toggle the deployment of AI for their workforce and customers—AI leaders share how they’re approaching the deployment of the technology among employees and customers. Read More [Category: Artificial Intelligence...
- + The price of AI is tricky to determine—Determining the cost of AI depends on a number of factors. Read More [Category: Artificial Intelligence]
- + Employees don’t have to finish last in AI race—AI is on just about every major corporation’s agenda, as is making sure they have the talent in place to handle the emerging technology. Read More [...
- + Tech leaders crave ‘peace of mind’ with AI in the cloud—As tech giants consider AI spend and pilot new offerings, they desire safety with AI and the cloud. Read More [Category: Artificial Intelligence]
- + ‘Splintered’ AI regulations could harm pursuit of advancements, understanding of where the guardrails lie—The pursuit of AI regulations must be uniform, leaders say. Read More [Category: Artificial Intelligence]
- + Move over, American dream: The goal of many Gen Z and millennial women is now to be a DINK—with dual income and no kids—"The past few decades have shown that societal norms don’t look the same as they used to, and millennial women played a major role in that shift.” Re...
- + Uber targeted with $300m lawsuit from London black cab drivers—Cabbies say Uber illegally obtained a license in 2012, undercutting a skill that takes four years to learn. Read More [Category: World]
- + Ex-DFS regulator raises $5.1 million for crypto venture fund backed by Winklevoss twins and Robert Leshner—Matthew Homer was formerly an executive deputy superintendent at the New York Department of Financial Services. Read More [Category: Cryptocurrencie...
- + Publicly traded Bitcoin mining firm Stronghold may sell itself in wake of latest ‘halving’—CEO Greg Beard is set to announce the plan on an earnings call later today. Read More [Category: Cryptocurrencies]
- + Peloton CEO announces departure with company to axe 15% of headcount, as embattled fitness unicorn continues to lose pace—On Thursday, the company announced a new restructuring program to reduce annual expenses by more than $200 million. Read More [Category: Business]
- + Viral squatting stories are scaring homeowners. How bad is the problem really?—Squatting stories have garnered national outrage in recent weeks. Experts say homeowners can rest easy. Read More [Category: Personal Finance]
- + Richard Branson says it’s ‘very sad’ when people measure wealth as success and finds being called a billionaire ‘insulting’—"Maybe in America, ‘billionaire’ is a sign of success, but that rankles me,” Richard Branson, who has an estimated net worth of $2.6 billion, said. ...
- + Puig is poised for a $15 billion IPO, but CEO Marc Puig has a ‘self-disempowerment’ plan to stop his family from controlling the Spanish beauty empire—CEO Marc Puig thinks setting "difficult filters" even for family members is the best way to practice "meritocracy." Read More [Category: Business]
- + AI boom still running hot as SK Hynix says its already sold majority of its 2025 allotment of high-bandwidth memory chips—Comments from CEO of SK Hynix, the world's second largest memory chipmaker, suggest the shortage of AI-related chips isn't ending anytime soon. Read ...
- + To compete with Asia's rising dominance, French billionaire Bollore wants to build an EV battery plant in France—Vincent Bollore, CEO of investment group Bollore, is “actively working” on developing the plant with a goal of opening it by 2030. Read More [Categor...
- + ‘Time is running out’ to build more electric truck chargers in Europe—Daimler Truck, Volkswagen’s Traton, and Volvo are planning to spend $534 million to install at least 1,700 chargers in Europe. Read More [Category: B...
- + Amazon CEO Andy Jassy broke labor law with anti-union remarks, judge rules—and tells the online giant to remind employees of their rights—Amazon said it strongly disagrees with the ruling and plans to appeal. Read More [Category: Tech]
- + Novo Nordisk expects 27% sales surge this year but faces price pressure amid Eli Lilly competition—The market for obesity treatments may soar above $80 billion by 2030 according to analysts. Read More [Category: Business]
- + Swedish companies are going bankrupt at a 'remarkable' rate, surging 72% since last year—Last month 942 companies went bankrupt, marking the highest April total since 1994. Read More [Category: Business]
- + Do men really sleep better than women? Experts explain—The long-standing lack of inclusion of women in biomedical and behavioral research has been a hindrance to sleep study. Read More [Category: Health]
- + Tesla slashes its summer internship program to cut costs, as Elon Musk fights to save his $45 billion pay plan—Some of the internships are unpaid, while others reportedly offer $18 to $28 an hour. Read More [Category: Business]
- + U.S. fishermen poised to harvest millions of baby eels worth $2000 a pound as authorities battle illegal sales—The tiny fish are raised to maturity so they can be used as food. Read More [Category: Business]
- + Europe's sliding foreign investments are a 'wake-up call,’ EY expert says—“We need to make sure regulation doesn’t get in the way of innovation and enabling businesses in Europe to compete,” an expert told Fortune. Read M...
- + Does Medicare cover medical alert systems? Here’s what experts want you to know about your options—For older Americans to age in place well, medical alert systems can be useful. Read More [Category: Health]
- + One day after being cited for contempt, Donald Trump insulted the judge presiding over his case—Former President Trump is barred from making public statements about witnesses, jurors and some others connected to his hush money case. Read More [...
- + Texas vet who cares for 40,000 cattle said nearly every farm that had cows sick with bird flu also had sick workers: 'I had people who never missed work, miss work'—Farmers have been hesitant to allow health officials onto their land because of the "stigma" of bird flu, another vet said. Read More [Category: Bus...
- + Cruise operator Viking raises $1.5 billion in year’s largest IPO—Although the IPO market has been heating up, the upcoming election could reduce the number of public offerings seen before 2025. Read More [Category:...
- + Peloton, the fallen fitness unicorn, faces a harsh truth despite its shiny new deal with Hyatt hotels: ‘I don’t think they thought [about] what was going to happen post-pandemic’—Peloton has lost 90% of its value since the beginning of the pandemic, when the company soared to a $45 billion market cap. Read More [Category: Busi...
- + Jerome Powell has had it with the 1970s talk, saying he doesn’t see the ‘stag’ or the ‘-flation’ investors are worried about—“I was around for stagflation,” the Fed chair reminded observers. Read More [Category: Economy]
- + Jerome Powell has had it with the 1970s talk, saying he doesn't see the 'stag' or the '-flation' investors are worried about—“I was around for stagflation,” the Fed chair reminded observers. Read More [Category: Economy]
- + Scientists can now grow diamonds faster than you can watch ‘Oppenheimer’—Scientists have figured out how to grow synthetic diamonds in just 150 minutes—and that could be bad news for natural jewels. Read More [Category: Bu...
- + Study finding South Florida homes are 35% overvalued sparks bubble worries—The combination of rising housing premiums and mortgage rates is “a potential worrying sign for the housing market,” the researchers said. Read More...
- + NBA legend Michael Jordan adds “his closest friends” to tequila brand including athlete investors Derek Jeter and Serena Williams as it prepares global expansion—Jordan cofounded the tequila brand in 2019 with four NBA team owners. Read More [Category: Business]
- + Southwest flight attendants are now the highest-paid in the industry thanks to a historic pay raise—'This is the least they deserve'—The second-best paid flight attendants, at Delta, make 14% less than those at Southwest. Read More [Category: Business]
- + Microsoft inks $10 billion green energy deal as power-hungry AI forces its hand to meet emissions commitments—Driven by AI power demand rising at an “exponential” rate, Microsoft and Brookstone ink largest private energy deal yet. Read More [Category: Environ...
- + Johnson & Johnson’s latest gambit to solve its massive talcum powder asbestos issue: A $6.5 billion settlement, paid out over 25 years—J&J's proposed settlement represents just 7.8% of its $85.2 billion in annual sales for 2023. Read More [Category: Markets]
- + NBC courting the NBA with a $2.5 billion media deal that could permanently bench TNT—With the NBA’s current media rights contract set to expire next year, negotiations with cable companies and streamers are in full throttle. Read More...
- + Tesla’s top HR executive has left the company, sources say—Allie Arebalo was one of the most senior women at the company, in her role since February 2023. She worked for Tesla for about six years, according to...
- + Fed says 'lack of further progress' on inflation will keep interest rates at 2-decade highs—Several hotter-than-expected reports on prices and economic growth have recently undercut the Fed’s belief that inflation was steadily easing. Read M...
- + The $34 trillion U.S debt is nearly as big as its own economy and there’s (still) no plan to fix it—Goldman Sachs, International Monetary Fund, and the Congressional Budget Office are the latest to warn it’s a looming problem. Read More [Category: ...
- + Bitcoin tumbles below $57,000 on day of Fed meeting—With slowing ETF inflows and the Bitcoin halving in the rearview, the crypto industry is facing macroeconomic conditions, which are "cloudy at best.” ...
- + Donald Trump just added another $1.8 billion to his Truth Social fortune—on paper—He now controls another 36 million shares, almost 65% of the company. Read More [Category: Celebrities]
- + Japan has had so many bear attacks in the past year it’s turning to AI to act as a warning system—More than 200 people have been injured. Read More [Category: Artificial Intelligence]
- + Chase IHG One Rewards Business Premier card ups its welcome bonus—Ends soon—Chase announced new welcome bonuses for its IHG One Rewards consumer credit cards. New cardholders can earn up to 165,000 bonus points, depending on w...
- + Outdated laws prevent gig economy workers from getting benefits. This pilot program shows the path forward—Benefits for app-based workers can be flexible, portable, and proportional to the hours they put in. Read More [Category: Business]
- + Bumble, the dating app where women make the first move, is rolling out a feature where men get an ‘opening move’—The “opening moves” feature will be an optional one. Read More [Category: Technology]
- + ‘It's great for the price’: Reviewing Noble Desktop’s UX/UI bootcamp—The UX/UI bootcamp was no. 1 in Fortune’s ranking of the best for 2024. Read More [Category: Education]
- + This headteacher is preparing 'homebird' Gen Z pupils for the world of work by bringing in a 12-hour school day—Instead of scrolling TikTok or BeReal, Gen Z students' hours will be filled with activities such as cooking lessons, public speaking lessons, basketba...
- + Kansas’ attempt to lure Super Bowl-winning Chiefs across the border fizzles on $1 billion taxpayer tab—“You miss 100% of the shots you don’t take,” said the bill's biggest champion, Kansas House Commerce Committee Chair Sean Tarwater. Read More [Catego...
- + An unusual phenomenon led to 'disappointing' Starbucks sales: the brand is too popular with morning commuters—The maths equates to between one in seven or eight customers giving up on their order because of how busy their particular Starbucks cafe is. Read M...
- + Meet the Norwegian-owned cruise challenger to Carnival and Royal Caribbean that just raised $1.54 billion—Viking's cruises aren't just boozy party boats. They specifically cater to older, affluent guests. Read More [Category: Business]
- + How paying your rent can get you to Europe—If you’ve been paying rent by check or transfer, you’ve been missing out on tens of thousands of reward points a year. Simply by paying rent using the...
- + Ex-Coinbase designer raises $5M for crypto voting service Agora—Protocol governance has a "reputation of being chaotic." Agora wants to change that. Read More [Category: Companies]
- + Why the cofounder and CEO of Axios says focusing on ‘smart brevity’ pays off—It's not easy to make money in the media business. The CEO of Axios may have cracked the code. Read More [Category: Leadership]
- + Campus Gaza protests swell to largest student movement of 21st century as police brutality recalls Vietnam era—Police were called into Columbia's Manhattan campus, while LAPD were on the scene at UCLA as violence broke out between dueling protest groups. Read ...
- + Geely-backed Polestar pushes back results for second time in a year, as the Swedish carmaker battles accounting errors—The EV maker is relying on new models such as the Polestar 4 coupe to bolster sales. Read More [Category: Business]
- + Wall Street's hope for a rate cut any time soon is dimming as Powell wrangles persistently hot inflation—Most economists say they still expect two cuts this year. But many acknowledge that one or even no rate reductions are possible. Read More [Category:...
- + Colorless liquid that emits a toxic vapor known to cause liver cancer and reproductive problems banned from use in paint stripper—Methylene chloride can cause cancer and damage to the nervous, immune and reproductive systems, the EPA said. Read More [Category: Environment]
- + Baby boomers are losing their life savings to phone scammers claiming to provide tech support, authorities say—Criminals are impersonating technology, banking and government officials to convince victims that foreign hackers have infiltrated their bank accounts...
- + Executives illegally raked in $22 million after Trump's media company announced a deal, prosecutors allege—Attorneys for defendant Bruce Garelick said he was innocent and did not tip off anyone. Read More [Category: Business]
- + Shareholders are on a spree, raking in more in dividends than the average worker makes in eight months—Wages have only increased by 3%, but payouts for shareholders has hiked by 45%. Read More [Category: Business]
- + Coca-Cola only sold 1% more drinks last quarter, but it raised prices 13%. Its CEO said it has ‘the right strategies’ for sustained success—The beverage goliath is among several other snack and drink companies reaping the rewards of price hikes that far exceed inflation. Read More [Catego...
- + PayPal CEO nods to ‘compelling’ stablecoin potential as total Q1 payments rise 14%—PayPal's quarterly earnings were up, but its CEO stayed relatively quiet on the company's new stablecoin. Read More [Category: Cryptocurrencies]
- + Dave & Busters brings in bets on skeeball and other games as gambling creeps into more corners of society—"This is about small dollars and playing with your friends and hopefully having a little skin in the game,” gaming exec Michael Madding told Fortune. ...
- + ‘We mailed our cat’: Utah family reunited with dehydrated, healthy feline who took cross-country trip in Amazon return—“We realized that that our sweet kitty must have jumped into that box without us knowing,” Carrie Clark said. Read More [Category: Business]
- + Upskill your way to becoming a digital marketing guru with these top bootcamps—Learn the pros and cons of five top digital marketing bootcamps, including BrainStation, CareerFoundry, edX, Udacity, and Thinkful. Read More [Catego...
- + Century Support Services review: Debt relief company with a strong customer satisfaction rating—Century Support Services is an accredited debt relief company that may be able to help you get to financial freedom in less than 24 to 48 months. Rea...
- + French media mogul resigns after getting charged with embezzlement—Arnaud Lagardère informed the board of Lagardère SA, that he resigned as CEO following the indictment and provisional ban from management activities. ...
- + ‘Dividend aristocrat’ no more: 3M slashes payout after more than 60 years of only boosting it—The maker of Post-it notes earned its reputation by paying a dividend for more than a century without interruption. Read More [Category: Markets]
- + Norwegian cruise mogul’s success secrets: Focus on the wealthy and absolutely no kids allowed—Torstein Hagen's Viking Holdings is among the world’s biggest luxury cruise operators, and his fortune may surpass $5 billion after its IPO in New Yor...
- + Biden’s DEA to reclassify marijuana in historic shift that still doesn’t decriminalize it, sources say—The DEA’s proposal would recognize the medical uses of cannabis and acknowledge it has less potential for abuse than some of the nation’s most dangero...
- + Japanese town with near-perfect shot of Mount Fuji hates tourists so much it’s building a giant black billboard to block the view—“I can see why people who live and work here might want to do something about that," Helen Pull, a 34-year-old visitor from the U.K. "That's the power...
- + Pennsylvania vs. Perrier: Your beloved mineral water is actually a soda, court rules—The battle started over a $0.24 sales tax tacked onto a Sheetz purchase. Read More [Category: Business]
- + McDonald’s sees revenue weakness on Middle East boycott ‘as long as the war continues,’ banks on Bacon Cajun Ranch McCrispy for comeback—The business unit that includes the Middle East recorded a decline. Read More [Category: Finance]
- + Google flexes ad muscles to Hollywood as YouTube dominates: ‘Even though viewing habits have become more complex, reaching viewers doesn’t need to be’—YouTube has consistently been the most-watched streamer on TV screens, per Nielsen data. Read More [Category: Business]
- + Michaels defies inflation, cutting prices on over 5,000 items, seeing ‘constant rollbacks’ for next 6 to 12 months—“This is more of a permanent approach,” says John Gehre, chief merchandising officer at Michaels. “... This is a more long-term strategy we want to pu...
- + The road to America’s wallet is through its gut—and retailers see green in the rising Sun Belt—Americans shop at grocery-anchored shopping centers more than anywhere else, says Naveen Jaggi, JLL’s president of retail advisory services. Read Mo...
- + Elon Musk’s drug use renders his character too questionable for FCC license, Ukrainian advocacy group says—Under FCC rules, licensees must act in the public interest and meet baseline “character qualifications.” Read More [Category: Business]
- + Mammograms should start at 40, panel says—Women ages 40 to 74 should get screened every other year. Read More [Category: Health]
- + Berkshire Hathaway set for an annual meeting without Charlie Munger—Warren Buffett’s longtime partner passed away last November. Read More [Category: Business]
- + ‘High-status’ millennials are richer than boomers were at the same age. The rest aren’t so lucky—"Concerns about the millennials' economic well-being are generally well founded." Read More [Category: Personal Finance]
- + Congratulations, you survived another tax season—and paid a higher rate than top American companies—U.S. corporations continue to avoid paying their fair share in taxes, and everyday Americans are paying the price. Read More [Category: Personal Fin...
- + The CEO of one of Sweden's biggest companies thinks regulation is decimating Europe's competitiveness and will leave 'no industry left'—Europe is “on the way to becoming a museum," said Ericsson's CEO Börje Ekholm. Read More [Category: Business]
- + Europe's big automakers shed $13bn in value as Tesla makes China breakthrough—Double-digit earnings declines and sales drop-offs hammered home bad news in Europe as Tesla made FSD inroads in China. Read More [Category: Technolo...
- + Hot honey seasoning and guacamole tortilla chips: Walmart's new premium food brand aims high—Bettergoods looks to lure higher-income shoppers. Read More [Category: Personal Finance]
- + Why Japan’s currency is cratering right now, even though its stock market is red hot—There are several reasons for the yen’s underperformance compared to the dollar, but the main one is clear: rising U.S. interest rates. Read More [Ca...
- + Trump ordered to pay $9,000 after being cited for contempt in hush money trial—And the judge warns future violations could mean jail time. Read More [Category: U.S.]
- + Red states including Louisiana and Texas were shocked by the pandemic child care crisis—and are trying to help poor working parents for a change—The funds raised through tax tweaks means staff in some areas might also get a pay rise from $18 an hour to $25. Read More [Category: Politics]
- + Six ways to travel for less than date night—Rather than spending the evening in a dark movie theater, focus on creating lifelong memories by using airline miles and hotel points. It costs less t...
- + Elon Musk reportedly sacked Tesla’s entire Supercharger team, including his top female manager—Tesla's dense network public fast chargers has been such an effective moat against competition that its U.S. rivals began last year requesting access ...
- + MicroStrategy boss Michael Saylor's Bitcoin-buying plans paid off big during this year's boom—The premium that MicroStrategy is getting over Bitcoin after the January introduction of U.S. exchange-traded funds that can hold the cryptocurrency i...
- + Exclusive: Ikea is rolling out its third round of price cuts in a year across thousands of products as it tackles shoppers’ inflation pain—Shoppers have poured into Ikea stores in droves since its initial price cuts, so the Swedish giant plans to keep the momentum going. Read More [Categ...
- + Conor McGregor's hotel plans blocked by Irish locals over fears of 'Ibiza parties'—Residents of the Dublin town of Howth were in uproar over a 35-bedroom hotel proposed by McGregor's company G Boppers. Read More [Category: Business]
- + Columbia protestors take over university building and say they won't leave until demands met as Gaza war protests escalate—Video footage showed protesters on Columbia's Manhattan campus locking arms in front of Hamilton Hall early Tuesday and carrying furniture and metal b...
- + An $850 million retail giant is giving candidates their questions before a job interview—Even those applying for senior roles at John Lewis Partnership will be able to peak at the interview questions in advance Read More [Category: Busine...
- + Nvidia CEO Jensen Huang’s staff say he is a demanding perfectionist who’s not easy to work for—and he agrees—"It's the most extraordinary thing, that a normal dishwasher busboy could grow up to be this." Read More [Category: Entrepreneurship]
- + Samsung joins Nvidia in AI semiconductor boom as memory chip sales help profits quadruple last year’s result—The results underscore how demand for the memory chips that power modern electronics and artificial intelligence is starting to rebound after a severe...
- + Geopolitics and U.S. rules push chip firms to decouple from mainland China, with one major Taiwanese testing company ditching the market entirely—On Friday, King Yuan Electronics Co., a Taiwan-based chip testing firm, announced that it was selling its mainland China-based operations, citing geop...
- + Satya Nadella says Microsoft will pump $1.7bn into Indonesia for AI and cloud projects as Big Tech floods into Southeast Asia—“The intelligence revolution is going to be the next major bend in the curve of GDP growth,” Nadella told hundreds of attendees at a company event in ...
- + Catastrophic wildfires are forcing states to figure out how to keep property insurance companies from fleeing—It's a problem that has played out in states across the U.S. as climate change and increasing development has raised the risks of wildfires and other ...
- + Air France-KLM and Lufthansa's cost-cutting plan takes off as tough first quarter loss hits—Strike disruptions, restrained bookings caused by tension in the Middle East, and weak cargo demand resulted in first-quarter losses. Read More [Cate...
- + AI takes center stage in target selection and strikes in Ukraine and Gaza—The Pentagon is pouring millions of dollars into AI startups, and the European Union has paid Thales to create an imagery database to help evaluate ba...
- + Activist investors aiming to take over Norfolk Southern gain momentum—But CEO Alan Shaw said he believes he still has the support of most of the railroad's workers, investors and customers. Read More [Category: U.S.]
- + Binance founder CZ faces possible 3-year jail term for allowing money laundering as judge decides sentence—Zhao pleaded guilty and stepped down as Binance CEO in November as the company agreed to pay $4.3 billion to settle related allegations. Read More [...
- + HSBC CEO Noel Quinn, who pivoted Europe's largest bank back towards Asia, unexpectedly steps down—HSBC and other China-exposed lenders are trying to navigate a more complicated geopolitical environment. Read More [Category: World]
- + Austin-based company fined for flaring that led to 7.6 million pounds of excess gases known to cause respiratory issues—“It’s completely the opposite of the way it’s supposed to work,” said Environment Secretary James Kenney. Read More [Category: Business]
- + The secret weapon for heart health and living longer could be climbing a few flights of stairs every day. Here’s how—Climbing just five flights per day could reduce your risk of cardiovascular disease by 20%, study says. Read More [Category: Fitness]
- + Frustrated by high drug prices, California will offer its own version of heavily discounted Narcan to stop fentanyl overdoses—California plans to give away many of the packs of generic Narcan for free to first responders, universities and community organizations. Read More [...
- + AI lets anyone generate music in seconds. That’s putting artists on edge—and setting the stage for ‘dataset ethics’—AI music developers must prioritize ethical licensing practices and collaborate closely with songwriters and copyright owners. Read More [Category: M...
- + Cancer patient who won $1.3 billion lottery said he would find a good doctor for himself—'I don't want to die yet,' he prayed—Cheng “Charlie” Saephan and his wife are splitting the prize evenly with a friend. Read More [Category: Business]
- + Congress passes $105 billion bill to ease air traffic controller shortage as planes keep nearly crashing on the tarmac—The funding bill aims to make it easier to hire air traffic controllers amid a shortage of 3,000. Read More [Category: U.S.]
- + 'Crisis' of roadway deaths led to new rule requiring automatic braking if a car crash is imminent—In 2019, nearly 2.2 million rear-end crashes were reported to police nationwide, killing 1,798 people and injuring 574,000 others. Read More [Catego...
- + No one is safe from AI deepfakes—from Elon Musk to your local high school principal—The accessibility of deepfake apps has enabled the average person to use the technology to pull off viral trickery and petty revenge plots—and even fi...
- + Elon Musk publicly dumped California for Texas—now Golden State customers are getting revenge, dumping Tesla in droves—The Tesla Model 3 dropped from first place to third, behind the Toyota Camry and the Honda Civic, among all passenger cars sold. Read More [Categor...
- + Trucker who says back pain CBD product got him fired for failing a drug test takes his case to Supreme Court—Douglas Horn says he confirmed with a lab that the product, which was only supposed to contain CBD, did in fact have THC in it. Read More [Category: ...
- + Domino’s Pizza is popping thanks to 'Emergency Pizza,' clever tweaks to its loyalty program, and a little help from psychology—“Emergency Pizza performed better than any buy-one, get-one-free I’ve done in my career,” said Domino’s CEO, Russell Weiner. Read More [Category: Bus...
- + Tesla gains roughly $82 billion on 15% stock surge as top analyst sees ‘home run’ deal for Elon Musk in China—Tesla saw its biggest one-day jump since February 2020 off the back of a Wall Street Journal report that Beijing has tentatively approved its “Full Se...
- + How to write an MBA resume that’ll help you get into business school—MBA resumes are similar to traditional job resumes, with a couple of key differences. Experts detail how to write one, what to avoid—and why. Read Mo...
- + Biden backs off long-awaited ban on menthol cigarettes—“This decision prioritizes politics over lives, especially Black lives,” said Yolonda Richardson of the Campaign for Tobacco-Free Kids, in an emailed ...
- + Business travel survives the Zoom era, as leaders jump back on flights—Even with Zoom’s implementation, employee travel bounds back to pre-pandemic levels. Read More [Category: Business]
- + Millennials have it better than everyone thinks, accumulating wealth faster than anyone else since the pandemic, new data shows—“This historic growth is without parallel in recent decades,” according to an analysis from the Center for American Progress. Read More [Category: Ec...
- + MedMen’s spectacular collapse is complete: Just five years after earning a whopping $3 billion valuation, the one-time legal cannabis darling has declared bankruptcy—“MedMen has been ‘DeadMen’ to most investors for a long time,” one industry analyst told Fortune. Read More [Category: Finance]
- + Disgruntled high school athletic director uses AI to clone principal’s voice in racist, antisemitic deep fake—The recording surfaced after the principal raised concerns about the athletic director's work performance and alleged misuse of school funds, police s...
- + How 'vampire facials' at an unlicensed spa led to HIV infections in 3 women—HIV transmission via unsterile injection is a known risk of beauty treatments and other services, officials say. Read More [Category: Health]
- + Only 7% of CEOs appointed so far this year have been women—And a quarter of them won't stay in the role longer than two years, a new report suggests. Read More [Category: Business]
- + Asana CEO calls Tesla the next Enron and says Elon Musk has misled customers—"I guess just a PSA to investors out there: you only get eventual justice with the SEC, if you even get that," Asana CEO Dustin Moskovitz said. Read ...
- + FDA moves to bring multibillion-dollar medical test industry under full government scrutiny—The regulation finalized Monday will gradually phase in oversight of new tests developed by laboratories. Read More [Category: Health]
- + After MLB player grievances over see-through, sweat-drenched uniforms, Nike concedes to 2025 upgrades—In 2019, Nike and Fanatics struck a 10-year, $1 billion deal with MLB to produce the league’s uniforms. Read More [Category: MLB]
- + Columbia warns protesters they face suspension if they don’t clear out tent encampments—Students protesting at Yale said they received a letter from a dean Sunday saying they could face discipline, including suspension. Read More [Catego...
- + California partners with pharma firm on generic Narcan amid opioid crisis—Amneal Pharmaceuticals will sell naloxone to California for $24 per pack, or about 40% cheaper than the market rate. Read More [Category: Health]
- + Philips to settle hundreds of defective sleep apnea machine lawsuits for $1.1 billion—The Dutch firm has recalled over 5 million breathing machines since 2021 because their internal foam can break down, leading users to inhale tiny part...
- + Supreme Court rejects Elon Musk’s attempt to free his X account from SEC oversight—The case stems from tweets Musk posted in 2018 in which he claimed he had secured funding to take Tesla private. Read More [Category: Business]
- + Oil and gas companies are swimming in so much cash that they're cutting back on borrowing at a faster pace—“The oil and gas industry has experienced a number of booms and busts over the past few decades, but for now, it appears to be flush with cash,” Read...
- + Forced sedative injections are a hidden way many fatal police encounters end: 'Why did they give him an animal tranquilizer?'—At least 94 people died after they were given sedatives and restrained by police from 2012 through 2021, according to the AP in collaboration with FRO...
- + Australian billionaire says Titanic replica will set sail in 2027—but first he has to build the ship—Clive Palmer says Titanic II will make its maiden voyage in 2027 and is currently soliciting construction bids. Read More [Category: World]
- + Eminem voices new Crypto.com promo—are celebrity crypto sponsorships back?—Eminem is narrating a new Crypto.com commercial. Are celebrity ambassadors prepared to put 2022 behind them? Read More [Category: Cryptocurrencies]
- + LVMH's new path to people's hearts (and pockets) is through sprawling real estate empires in New York, Paris and Miami—“All roads lead to real estate,” Michael Burke, the head of LVMH Fashion Group, told The Wall Street Journal. Read More [Category: Business]
- + Deutsche Bank stares down $1.4 billion fine as 14-year-old buyout bites back—Germany's biggest lender got a shock when a preliminary ruling suggested it could be on the hook for a massive fine. Read More [Category: Finance]
- + Texas weather poised to be even more volatile and extreme—Droughts, wildfires and extreme heat expected to worsen. Read More [Category: Environment]
- + After threatening to resign over X, Spanish prime minister Sanchez declares he will 'continue on with even more strength'—Sánchez blamed the investigation on online news sites politically aligned with the leading opposition conservative Popular Party and the far-right Vox...
- + What’s in Dia’s wallet: How I scored a hat trick using points in Panama—Our senior editor shares the tips, tricks, and hacks she used to book a week in Panama entirely on points. Read More [Category: Credit Cards]
- + Freedom Debt Relief review: Accredited debt relief company with initial results in as little as 90 days—Freedom Debt Relief can help you settle your unsecured debt within 24 to 48 months. Read More [Category: Personal Finance]
- + Trump trial exposes actual right-wing media conspiracy as former Enquirer editor decries ‘ground zero of fake news’—“It just has zero credibility,” said Lachlan Cartwright, executive editor of the Enquirer from 2014 to 2017. “Whatever sort of credibility it had was ...
- + You’ll have to start paying $15 to drive into Manhattan on June 30—Under the so-called congestion pricing plan, the $15 fee will apply to most drivers who enter Manhattan south of 60th Street during daytime hours. Re...
- + U.S. intelligence officials find ‘no smoking gun’ that Putin directly ordered Navalny’s death—While U.S. officials believe Putin was ultimately responsible, the intelligence community hasn't found that Putin was aware of the timing of Navalny's...
- + Elon Musk says any company that isn’t spending $10 billion on AI this year like Tesla won’t be able to compete—Tesla is in the midst of pivoting away from a primary focus on boosting sales volumes of electric vehicles towards leading the field in real world AI....
- + Many campus protestors shocked arrests may be on their record forever: ‘The level of punishment is not even just draconian, it feels like over-the-top callousness’—“This feels very dystopian,” says Maryam Alwan, a Columbia comparative literature and society major whose protest-related arrest was followed by suspe...
- + Tiger Global-backed Braintrust bet big on blockchain. Now it’s launching an AI-powered hiring platform—Braintrust Air will use AI to conduct autonomous interviews with job candidates, with Nestle and Guardian Life already signed up. Read More [Category...
- + Driverless trucks are coming to the road before fully self-driving Teslas, with autonomous semis arriving in Texas later this year—Within three or four years, Aurora and its competitors expect to put thousands such self-driving trucks on America's public freeways. Read More [Cate...
- + Columbia University, the epicenter of the controversial campus Gaza protests, is well aware of its 1968 legacy and the Vietnam era—“When you’re going to Columbia, you know you’re going to an institution which has an honored place in the history of American protest,” said Mark Nais...
- + Hundreds of college students arrested nationwide as Gaza protests escalate into social justice crisis—The number of arrests nationwide approached 900 since New York police removed a pro-Palestinian protest encampment at Columbia University and arrested...
- + How the baby boomer 'wealth effect' is driving inflation: it's 'the richest retiring generation we’ve ever had'—It's the so-called “wealth effect," whereby rising home and stock values give people confidence to increase their spending. Read More [Category: Pers...
- + Gen Z job seeker refused to do a 90-minute task for free—now the recruiter who complained about it is being slammed—A job applicant refused to complete an aptitude test because it 'seemed like a lot of work'. It cost her the job, but now the recruiter who admitted h...
- + Goldman Sachs has warned its staff about sneaking off to Paris during the Olympics—and leaving the bank to pick up the tab—“In line with previous Olympic games, we have asked our people to effectively manage their spend and ensure coordination." Read More [Category: Busin...
- + 'Italy is preparing to become one of the largest microelectronics producers in Europe'—In March, Urso also announced an investment of $3.4 billion by the Singaporean startup Silicon Box, to build a chip factory in the north of the countr...
- + Starbucks’s case at the Supreme Court is a venti lose-lose for the company and the burgeoning unionization movement—If the decision makes it more difficult for union organizers to get their jobs back, it would have a chilling effect on the unionization movement. Re...
- + French government steps in to rescue Atos, once renowned as the nation's top tech firm—The company had that said it needed to raise about €1.2 billion of new money to fund the business through 2025 and cut debt by roughly half to €2.4 bi...
- + Hawaii is famous for its macadamia nuts. Now lawmakers want brands to tell shoppers where they're not actually from the islands—It's the latest tussle over labels for agricultural products from a specific geographic area, a topic familiar to Hawaii due to long-running disputes ...
- + Why Tesla’s Elon Musk is lobbying Beijing to approve its self-driving car tech as part of his surprise trip to China—Beijing reportedly gave Tesla tentative approval to launch its assisted-driving service in China, the EV maker's largest non-U.S. market. Read More [...
- + The number of U.K.-listed companies issuing profit warnings is higher than during the Global Financial Crisis, new report finds—“Macro-economic pressures, while less intense, have not relented in 2024," a partner at EY-Parthenon said. Read More [Category: Business]
- + Spotify execs including Daniel Ek have sold more than $250m in stock already this year—Daniel Ek has vested nearly $180 million as part of his "long-term financial planning," a Spotify rep told Fortune. Read More [Category: Technology]
- + Spotify CEO Daniel Ek has cashed in $178 million in stock sales this year—Spotify execs have vested more than $250 million in shares since January, after laying off 1,500 workers in December. Read More [Category: Technology...
- + Who needs Fed rate cuts? Stocks can rally without them, Wall Street bulls say—Analysts expect S&P 500 profits to jump 8% in 2024 and 14% in 2025 after subdued growth last year. Read More [Category: Markets]
- + The 5 best supplements for healthy aging, according to a longevity expert—For most people approaching or in their golden years, supplements can be a boon. Read More [Category: Health]
- + Billionaire Reinold Geiger nears buyout of L’Occitane in a deal that could value the skin-care company at $7 billion—Reinold Geiger is considering making an offer for the L’Occitane shares he doesn’t already own. Read More [Category: Markets]
- + CDC says 3 women who got HIV from 'vampire facials' are first cases of the virus transmitted through cosmetic needles—A “vampire facial” involves drawing a client's own blood, separating its components, then using tiny needles to inject plasma into the face to rejuven...
- + Jerome Powell may not rule out future rate hikes as the Fed gets ready to meet amid stubborn inflation—Some analysts on Wall Street think Powell will say rate hikes aren't the base case but will depend on economic data and can't be ruled out. Read More...
- + The U.S. economy is actually a 'wolf in sheep's clothing' as the weak GDP report masks underlying strength, Wells Fargo says—"Higher rates are intended to cool consumer demand; the trouble for the Fed is: it's not working." Read More [Category: Economy]
- + Global debt hasn't been this bad since the Napoleonic Wars, says World Economic Forum president—"We haven't seen this kind of debt since the Napoleonic Wars. We're getting close to 100% of global GDP in debt." Read More [Category: Economy]
- + Farmers in Africa look to ancient fertilizer methods and new greenhouse technologies as climate change parches the land—“This is how our fathers and forefathers used to feed the earth and themselves before the introduction of chemicals and inorganic fertilizers.” Read ...
- + Companies with robust volunteer programs have lower turnover and help employees feel better about working there, even if they don't participate—“It doesn't turn into a LinkedIn post, right? It's not a quick hit. It's real. It's deep. And it's not for show.” Read More [Category: Business]
- + Disneyland performers unionizing often work other gigs in movies and TV or at theme-park rivals like Universal Studios—Unlike in Florida where performing as a character often is a full-time job, many of the character performers in Southern California have multiple othe...
- + Elon Musk makes surprise China visit after delaying India trip as Tesla seeks Beijing's OK for Full Self-Driving software—Tesla vehicles have been banned from China’s military compounds and some other government venues in the past over cameras used for its driver-assistan...
- + A new law will ban TikTok unless China sells most of it. An expert says it’s ‘unconstitutional’ and backed by no evidence—"It’s much easier politically to pass a law that targets TikTok than a privacy law.” Read More [Category: Technology]
- + Big Tech and billionaires suddenly can’t resist the lure of South Florida—Amazon, Microsoft and now reportedly Apple are increasing their presence in the area, while Ken Griffin's Citadel has made Miami its permanent headqua...
- + Should you sleep in socks? Experts say this hack might be the secret to falling asleep faster and waking up less—Socks aren't just for daytime. Read More [Category: Science]
- + 'We expect Powell to make a hawkish pivot'—Fed meeting to headline busy week for global markets—"At the minimum, he’ll likely indicate the median FOMC participant now expects ‘less’ cuts this year." Read More [Category: Economy]
- + Police bust 'very sophisticated' burglary ring that used Wi-Fi jammers to stea $4 million in jewels—The Providence-based theft crew broke into homes in 25 Massachusetts communities between July 21, 2018 and March 30. Read More [Category: U.S.]
- + U.S. Secretary of State buys Taylor Swift album in China to wrap up key visit after warning on EV overproduction, Russia—Antony Blinken stopped at a Beijing record store where he bought albums by Taylor Swift and Chinese rocker Dou Wei in a symbolic nod to cross-cultural...
- + It's time to talk about the 'dirty word' on Wall Street as 'whiffs of stagflation' intrude on markets, chief strategist says—"And that's why it was kind of shocking to see bond yields rise on a day where GDP was a big miss." Read More [Category: Markets]
- + Grab's COO thinks there's 'tremendous upside' in fast-growing Southeast Asia after the startup recently reported its first-ever profitable quarter—Alex Hungate wants people to think of the Southeast Asian startup as a data science company, not a ride-hailing and food delivery firm. Read More [Ca...
- + The CEO of packaged-food giant Kraft Heinz is obsessed with healthy eating and exercise—but also snacks on Lunchables several times a week—Kraft Heinz CEO Carlos Abrams-Rivera eats just two meals a day, between 11 a.m. and 7 p.m., as part of his intermittent-fasting routine. Read More [...
- + Billionaire investor Ron Baron gets a first-hand demonstration of Tesla's autonomous driving tech: 'I want to see Steve Jobs' house'—"Then it pulls up and makes a left hand turn and then goes in front of Steve Jobs' house," Baron told CNBC. Read More [Category: Technology]
- + Wall Street finds a back door into the AI stock boom as energy demand soars: utilities—“Power demand from data centers has already been humongous, then came the AI hype and the need for power skyrocketed." Read More [Category: Artificia...
- + Apple renews talks to integrate OpenAI's technology into the next iPhone operating system—The two companies have begun discussing terms of a possible agreement and how the OpenAI features would be integrated into Apple’s iOS 18, the next iP...
- + Natural gas producers in Texas are paying people to take their supply as prices sink deeper into negative territory—Intraday cash prices at the Waha hub in the Permian Basin fell to around -$3 per million British thermal units from around -50 cents earlier in the da...
- + The Sports Bra—a bar for women's sports fans—eyes nationwide expansion just 2 years after opening—Under the plan, bars and entrepreneurs elsewhere will be able to apply to use The Sports Bra brand for their franchises. Read More [Category: Entrep...
- + UAW and Daimler Truck reach last-minute deal to hike pay by more than 25%, avoiding potential strike of over 7,000 workers—UAW President Shawn Fain said the new contract includes wage increases of more than 25% over the next four years, including a 10% raise after the deal...
- + Top tech CFO says AI is not a ‘blip or hype,’ it’s the ‘biggest disruption’ in the industry’s history—and his numbers back that up—“This is not like a blip or hype, but really one of the biggest, if not the biggest disruption in the technology industry,” SAP CFO Dominik Asam told ...
- + These incarcerated women are leaving prison with a certified license to make people feel beautiful. The program ‘gave me a chance to feel human again’—The license is also helping them earn way more than they did before prison. Read More [Category: Entrepreneurship]
- + How a trio of 20-something entrepreneurs used the 'Terminator gene' to help launch $16.7bn investment firm—“Everyone thought we were totally mad,” Chris Hulatt recalls of the moment he and his co-founders dropped out of the grad program to launch Octopus In...
- + Emmanuel Macron has new favorite bakery as best baguette in Paris is crowned—Xavier Netry of Boulangerie Utopie will deliver baguettes to Macron and his staff after beating 172 competitors to make the best baguette in Paris. R...
- + Activist hedge fund Elliott bets $1 billion on British platinum producer—The activist hedge fund led by Paul Singer has exposure to almost 33.6 million Anglo American shares via derivatives, per a filing. Read More [Categ...
- + Pottery Barn parent Williams-Sonoma fined for marketing its furniture as 'crafted' in the U.S. when it was actually made in China—In addition to paying a penalty, the company will be required to submit annual compliance reports, the FTC said. Read More [Category: Business]
- + Philadelphia-based Republic Bank implodes in first failure of the year—Republic First Bank had roughly $6 billion in assets and $4 billion in deposits as of Jan. 31. Read More [Category: Business]
- + The top 5 books these mental health experts say will help you combat burnout at work and build healthy habits—What to read when you're feeling overwhelmed at work. Read More [Category: Health]
- + Billionaire Miami Dolphins owner wants South Florida to be more like Manhattan—'I still love a challenge'—“I want to make West Palm a model city for the country," said Related Cos. founder, Stephen Ross. Read More [Category: Business]
- + An emergency slide ripped off a Boeing-made jet during a Delta flight from New York to Los Angeles—Delta said the plane was removed from service for evaluation and it was cooperating with investigators. Read More [Category: Business]
- + Jamie Dimon says to get a job at JPMorgan, what you study in college ‘almost doesn’t matter’—The bank CEO says the company looks for candidates who are “smart, ethical, decent people.” Read More [Category: Business]
- + Commercial tax-prep companies lost out on $5 billion in fees thanks to IRS' direct file, government says—Some 140,000 taxpayers filed taxes for free via a pilot program. Read More [Category: U.S.]
- + Southwest’s earnings are so bad it’s leaving 4 airports—and considering scrapping its open-seating plan—Southwest also froze hiring to cut costs. Read More [Category: Business]
- + The economy is moving us back into the 19th century as fertility rates plunge—The U.S. birth rate from 2023 was down 2% from 2022, according to the Centers for Disease Control and Prevention. Read More [Category: Health]
- + American Express Launches a Limited-Time Offer on the Business Platinum—Here’s who should apply—Business owners can earn, for a limited time,150,000 Membership Rewards points with a new offer from the Business Platinum Card® from American Express...
- + Exxon's profits are falling, but CEO Darren Woods' compensation rose last year—here's how the oil giant rewards its top exec—Exxon’s so-so first quarter came on the heels of record profits in 2022. Read More [Category: Business]
- + Owner of vaping supply business that exploded arrested while preparing to catch a one-way flight to Hong Kong—A suburban Detroit business owned by Noor Noel Kestou caught fire and exploded in March, killing a man. Read More [Category: Success]
- + Meta’s investors are worried about the billions it’s spending on AI—but its advertising empire makes it a positive, Deutsche Bank says—Investors balk at $40 billion in spending, sending stock falling—but analysts say Meta’s advertising advantage is a perfect use case for AI. Read Mor...
- + With inflation still high and economic growth slowing sharply we could be heading toward stagflation, a scenario 'nobody is really prepared for,' UBS exec says—After preparing for a recession, and hoping for a soft landing, the U.S. might end up in an unexpected bout of stagflation. Read More [Category: Busi...
- + Buffett-owned real estate brokerage pays $250 million to settle claims that agent commissions break antitrust law—HomeServices of America is the latest to settle a Missouri lawsuit filed on behalf of homebuyers. Read More [Category: Business]
- + Tesla’s Elon Musk speeds past Mark Zuckerberg on the billionaires list after Meta stock plummets on its cash-sucking AI plans—Zuckerberg passed Musk on the list earlier this month. Read More [Category: Business]
- + It’s still a golden age of homebuilding, according to one top real estate CEO. Here’s why—“It’s that unique confluence of strong demand, no supply because there’s no resale inventory, and large public builders with a meaningful advantage th...
- + More Americans are working past age 65—and that’s good news for employers—Companies that understand the advantages that boomers provide will have a leg up in building more effective teams. Read More [Category: Business]
- + The surging price of parenthood: Most Americans say raising a child was more expensive than they thought it would be—Having a kid during a time of high inflation costs, on average, $11,505 per year. Read More [Category: Business]
- + Do the youth dream big anymore? Rapper Common just launched a new education campaign to ensure they do—Known for his acting and rapping, Common hopes he can use story to empower young people to dream big. Read More [Category: Education]
- + The Fed's favorite inflation gauge sped up in March, a conundrum for rate hikes—and Biden's re-election prospects—Measured by the PCE index, prices were up 2.7% year-over-year in March, up from a 2.5% annual rise in February. Read More [Category: Finance]
- + AI is soaring at Microsoft, but Xbox hardware sales are hitting rock bottom—Hardware revenue falls 30%. Read More [Category: Entertainment]
- + Bitcoin ETFs stall: BlackRock ends 71-day streak, Fidelity sees first outflows—The Bitcoin ETF frenzy has cooled a bit with the original cryptocurrency hovering near $63,500. Read More [Category: Cryptocurrencies]
- + ByteDance shoots down reports it might sell TikTok in U.S.—Reports otherwise “are untrue,” the company says. Read More [Category: Technology]
- + Google just dropped millions of dollars to teach more people how to use AI—and an exec says it could 'create a reinvigoration of the American middle class'—AI 101 courses could produce a massive ‘upleveling effect,’ one Google exec told Fortune. Read More [Category: Artificial Intelligence]
- + USDA tells poultry producers to reduce salmonella in certain chicken products to help prevent food poisoning—Poultry producers will be required to bring down salmonella bacteria levels to help prevent food poisoning Read More [Category: Health]
- + 5 best health insurance companies for small businesses—The leading small business insurance companies have innovative solutions to address today's risks. Read More [Category: Personal Finance]
- + Demand for office space is skyrocketing, especially in New York City and Los Angeles—For the ninth straight month, office space demand has shown positive year-over-year growth. Read More [Category: Business]
- + In the latest blow for the London Stock Exchange, U.S. private equity firm Thoma Bravo snaps up British cybersecurity star Darktrace for $5 billion—Darktrace’s board said that its success is not reflected in its current valuations as its shares are trading lower than those of its peers. Read More...
- + AI leaders, including Sam Altman and Jensen Huang, join the federal AI safety board—Tech leaders will advise Department of Homeland Security. Read More [Category: Artificial Intelligence]
- + Isn’t it time your checking account paid you back?—Want to earn some extra cash on a new checking account? Here are 10 accounts with cash bonuses. Read More [Category: Personal Finance]
- + What is TSA PreCheck? Plus, how to get it nearly free—TSA PreCheck can help you travel smarter and get through airport security more quickly. Read More [Category: Credit Cards]
- + These high-yield savings accounts give returns over 5%—The Fortune Recommends top picks for the best high-yield savings accounts offers customers the chance to earn over 5% APY. Read More [Category: Pers...
- + Scientists inspired the right guardrails for nuclear energy, the internet, and DNA research. Let them do the same for AI—Like with other tech that exposed humanity to possible annihilation, a Pugwash conference for AI scientists is urgently needed. Read More [Category: ...
- + Departing top Tesla exec cashes out almost his entire stake for $181 million as longtime bull Ron Baron calls bottom in the stock—Baron, whose largest position is in Tesla, is betting the new shift in strategy for Tesla's low cost car will fill its increasingly empty factories. ...
- + China signals TikTok should fight ‘robbers’ sell-or-ban U.S. law meant ‘to snatch from others all the good things that they have’—TikTok vowed to challenge the new U.S. law, which requires ByteDance to divest its stakes within a year to avoid a ban. Read More [Category: World]
- + U.S. debt panic: Are Americans becoming more 'European' about money?—Jamie Dimon and Jerome Powell are taking the European viewpoint on soaring debt levels in the U.S. Read More [Category: Economy]
- + Jamie Dimon says America needs to ‘take a deep breath’ before facing off with China, because the U.S. is actually in a ‘very good position’ to negotiate—"We have all the food, water and energy we need." Read More [Category: Business]
- + Huawei reportedly keeps getting advanced chips, even as the U.S. tries to tighten the screws on China's semiconductor industry—Huawei's latest smartphone, the Pura 70, features another advanced chip according to a teardown by the consultancy TechInsights. Read More [Category:...
- + Walmart CEO started his career unloading trailers at the warehouse—Walmart's CEO went from earning $6.50 an hour to $25 million a year—here are his three tips for climbing the corporate ladder like him Read More [Cat...
- + Aviation results: European carriers EasyJet and Jet2 fly to new heights, while Airbus prepares to overtake Boeing as headwinds continue—It's been an eventful few days for aviation players—from Airbus to Heathrow. Here's how they fared. Read More [Category: Business]
- + The financial services gender pay gap in Europe is so large—Just 183 out of 2,017 people earning more than $1.1 million were female in 2022. Read More [Category: World]
- + Foreign states are targeting U.K. universities to enhance their own 'economic and military capabilities' MI5 warns—The U.K. government is cautious about China's financial support for university programs in the U.K. and the growing number of students from the Asian ...
- + French President Macron said Europe will 'not be a geopolitical priority' for the U.S. and urges the continent to develop its own defense strategy—“We now have uninhibited regional powers that are also building up their capabilities — Russia and Iran, to name but two. Europe is encircled," said M...
- + Blinken visits Beijing as U.S. and China spar over trade and Taiwan—U.S. Secretary of State met with senior Chinese officials and warned of the dangers of misunderstandings and miscalculations. Read More [Category: U....
- + High interest rates aren't helping banks as they did before—The high street bank reported a pretax operating profit of $1.6 billion, and shares rose as much as 4.1% in early trading to the highest in 14 months....
- + Betting that Trump’s Truth Social will flop has been very profitable for a hardy band of mostly amateur Wall Street investors—As of Friday morning, a month since Trump Media’s initial public offering sent its stock to $66.22, it has plunged to $38.49. Read More [Category: M...
- + Minneapolis imposes $15 a pack minimum for cigarettes—$2 more than NYC—to curb smoking—The ordinance not only sets a floor price. It prevents smokers and retailers from getting around it by prohibiting price discounts and coupons. Read ...
- + Alphabet and Microsoft send clear message to investors: Our AI spending is paying off—The companies trounced Wall Street estimates with their latest quarterly results, lifted by a surge in cloud revenue — fueled in part by booming use o...
- + New York outlaws sales of diet pills and muscle-mass builders to kids—Protein supplements and shakes are exempt, unless they contain another weight-loss or muscle-building ingredient. Read More [Category: Business]
- + FCC brings back net neutrality—'broadband is a necessity, not a luxury,' chair says—The rules ban practices that reserve higher speeds for the services or customers willing to pay more for them. Read More [Category: Business]
- + Superbugs could lower your life expectancy by nearly 2 years, report says. What to know about antimicrobial resistance—Uncontrolled AMR is also projected to cost the world $855 billion annually until 2035, international leaders say. Read More [Category: Health]
- + An athletic director used AI to fake a high school principal's racist tirade, and police say state laws need to catch up—One of the charges “only carries a 6-month sentence,” said the Baltimore County state's attorney. Read More [Category: Business]
- + American Airlines CEO fumes at Boeing’s fails—’Get your act together’—Boeing’s production problems have taken a toll on airline earnings and some are luckier than others. Read More [Category: Business]
- + Does Medicare cover physical therapy? Yes, and you might be eligible for more services, too—Medicare provides coverage to manage a chronic condition, treat an injury or illness, or to ensure you can maintain your independence. Read More [Cat...
- + Burned out and underappreciated, women’s career advancement had stalled long before the anti-DEI backlash—Despite all the talk about gender equity and diversity, the reality is most companies just haven't made it a priority. Read More [Category: Business]
- + Fortune Brainstorm Health Livestream—Join powerful leaders at the crossroads of business, technology, and health care for crucial conversations and connections May 20–21, 2024. Read More...
- + Fortune Future of Finance Livestream—The summit will welcome to the stage everyone from senior Wall Street executives to next-generation finance leaders. Read More [Category: Business]
- + Biden's labor secretary touts auto union's win in the South: 'That choice belongs to the workers'—Workers at a Chattanooga VW plant voted 3-to-1 to join the UAW, a choice Tennessee's governor called "a mistake." Read More [Category: U.S.]
- + British PM wants to reform the country’s disability benefits by ending ‘sick note culture’ that ‘over-medicalizes everyday challenges’—In a speech proposing reforms to Britain’s welfare system, Prime Minister Rishi Sunak said people with “less severe” mental health conditions should s...
- + Hertz is done gambling with EVs: It took a first-quarter $195 million hit on Teslas that just keep losing value and can’t sell them fast enough—Three years ago, investing in a fleet of 100,000 is what helped the car rental company emerge from bankruptcy. Read More [Category: Business]
- + USC cancels May graduation ceremony as concerns mount about pro-Palestinian protests on college campuses—USC announced the cancellation of the May 10 ceremony a day after more than 90 protesters were arrested on campus. Read More [Category: Education]
- + Shares of Microsoft-backed Rubrik jump as much as 25% on first trading day—“Institutional investors get it right on average,” one finance expert told Fortune. Read More [Category: Technology]
- + How to watch the 2024 NFL Draft for free—and without cable—USC’s Caleb Williams should kick things off. Read More [Category: NFL]
- + Meet the ‘professional namer’ who directed Accenture’s $100 million name change: ‘It’s the best job in the world’—“We develop over 1,000 names, and we slaughter every one of those darlings except for one,” said Anthony Shore of the naming process. Read More [Cate...
- + JPMorgan Chase CEO Jamie Dimon says Bidenomics is only ‘partially’ working as many Americans aren’t feeling ‘lifted up by this economy’—Dimon lauded President Biden’s infrastructure spending, but questioned whether some Americans are being left behind in the current economy. Read More...
- + Now might be the time to move to Florida as inventory levels surge and sellers slash prices—It may only be worth it, though, if you’re willing to pay higher insurance rates. Read More [Category: Economy]
- + Chipotle is simultaneously cutting costs and avocados as it green-lights robots to make your guacamole—“In our restaurants, we continue to explore technology tools that could drive higher productivity and improve the overall experience for our teams,” s...
- + Biden bets big on Idaho chips—of the semiconductor variety—Biden administration announces $6.1 billion Chips Act grant for Boise-based semiconductor maker Micron. Read More [Category: Tech]
- + SEC sued over Ethereum, crypto firm asks court to state token is not a security—The lawsuit was filed by MetaMask maker Consensys, which is seeking an injunction to block the SEC from investigating Ethereum. Read More [Category: ...
- + Mortgage rates are a ‘wild card’ in the housing market—and they’re edging closer to 8%—Higher mortgage rates could trigger more pullback in sellers, Realtor.com’s chief economist wrote in a weekly report. Read More [Category: Economy]
- + The economy seems weaker than advertised and inflation is still running hot—it’s the ‘worst of both worlds’—David Donabedian, CIO of CIBS Private Wealth US, warned the spike in core inflation seen in the latest GDP report is a major setback for the economy a...
- + These are the absolute best savings accounts available today (5% APY and up)—The Fortune Recommends team evaluated more than 60 high-yield savings accounts to find you the top picks. Read More [Category: Personal Finance]
- + Domino's will tip you if you tip your driver—Tip $3, get a $3 coupon. Read More [Category: Personal Finance]
- + High interest rates catch up to economic growth as GDP slows dramatically to 1.6%—Consumers kept spending at a solid pace, but overall, the economy's “momentum is cooling," said one economist. Read More [Category: Finance]
- + Sam Altman’s Worldcoin eyeing partnerships with PayPal and OpenAI—Tools for Humanity has dropped hints it soon could be collaborating with major tech and finance companies, despite a declining rate of new users. Rea...
- + PBS Retro brings back your childhood favorite shows—Options include Mister Rogers Neighborhood, Zoboomafoo and Reading Rainbow. Read More [Category: TV]
- + Movement Labs raises $38 million to build layer 2 blockchain on Ethereum with Facebook tech—Polychain led the Series A funding round, which included participation from Hack VC, dao5, and Robot Ventures. Read More [Category: Cryptocurrencies...
- + How the ordeal of getting an ear piercing pushed a 34-year-old mom to ditch her law career to launch the adult version of Claire's—The 39-year-old mom of two needs full night's sleep, every night. And no compromising on the small details. Read More [Category: Business]
- + New York's highest court overturns Harvey Weinstein's 2020 rape conviction: 'An abuse of judicial discretion'—The court ordered a new trial for Weinstein, 72, who is serving a 23-year sentence. Read More [Category: Politics]
- + Top Apple analyst warns Vision Pro demand fell much faster than anticipated—'The challenge for Vision Pro is to address the lack of key applications, price and headset comfort,' warned Apple analyst Ming-Chi Kuo. Read More [C...
- + Delta SkyMiles: Everything you need to know—As a loyalty program, Delta SkyMiles has valuable rewards and eye-popping perks—but if you’re keen to reach elite status, you’re in for a rather steep...
- + Unilever and LVMH have one common bright spot—people love spending on beauty, and it’s outshining their other products—Beauty has been an important driver in Unilever and LVMH's recent earnings—is it just the lipstick effect or more? Read More [Category: Business]
- + Venice locals blast $5 entry fee for turning city into a 'theme park'—Locals want the local government to focus on housing instead of creating policies that revolve around tourism. Read More [Category: World]
- + Biden administration’s tough new EPA rules would force coal-fired power plants to capture emissions or shut down—New limits on greenhouse gas emissions from fossil fuel-fired electric plants are the Biden administration's most ambitious effort yet to roll back pl...
- + Hermes emerges as the outlier with strong China sales, while the rest of luxury bleeds from the lack of shoppers—Sales jumped to $4.1 billion in the first quarter, and shares rose as much as 1.3%, beating LVMH Moet Hennessy Louis Vuitton SE and Gucci owner Kering...
- + Swiss giant Nestle hit by slowing sales, unlike rivals Unilever and Danone—Sales rose 1.4% and shares fell as much as 4.8%, the most significant decline in two months due to soft consumer demand and fierce price competition i...
- + Jefferies CEO Richard Handler promises he’s still ‘extremely bullish’ despite selling $65 million in stock to buy himself a luxury yacht from a client—Jefferies CEO often encourages workers to protect their work-life balance—and he’s just taken a leaf out of his own book by splashing out on a “gift t...
- + 'Americans just work harder' than Europeans, says CEO of Norway's $1.6 trillion oil fund, because they have a higher 'general level of ambition'—"We are not very ambitious. I should be careful about talking about work-life balance, but the Americans just work harder.” Read More [Category: Busi...
- + It’s not just investors watching the Fed—A stronger U.S. dollar can lead to more pressure on currencies in emerging economies which could then trap their respective central banks in a bind. ...
- + Ask Andy: How can a startup founder balance work and family?—Bonobos founder Andy Dunn answers questions about juggling entrepreneurship and parenthood, and about how to organize a fast-growing startup team. Re...
- + A new Cold War is brewing at sea–and the West’s security and prosperity are at stake—Maritime shipping accounts for 90% of all world trade. Read More [Category: World]
- + AstraZeneca encounters a surge in shares as profits exceed expectations, buoyed by demand for cancer drugs—Astra's shares rose as much as 6.5% in early London trading, the most in over three years. Read More [Category: Business]
- + BHP proposes deal to buy Anglo American in $39 billion mining mega-merger—Anglo shares jumped 13% in London on Thursday morning to £24.91 apiece, for a market value of £30.5bn. BHP, which has a value of about $144bn, fell 3....
- + Spanish fashion house Puig is set to go public in Europe's largest offering of the year—CEO Marc Puig plans to raise $2.8 billion in an IPO that could give the group a market value of €13.9 billion. The IPO would add the Puigs to the rank...
- + How U.S. moves to drastically limit ‘noncompete’ agreements and expand overtime pay will affect workers—The new rules don’t take effect immediately. And they won't benefit everyone. So what exactly would these rules mean for America's workers? Read More...
- + Instagram influencer ‘Jay Mazini’ who swindled millions in crypto scheme that preyed on Muslims sentenced to 7 years in jail—He built a following in part by filming cash giveaways, often handing stacks of money to fast food workers or everyday people checking out at Walmart....
- + Boeing’s financial woes continue as families of 737 Max crash victims push U.S. to prosecute the plane maker—About a dozen relatives of passengers who died in the second crash met with government officials for several hours Wednesday in Washington. Read More...
- + TikTok says it will sue U.S. over sell-or-ban law on First Amendment grounds—For years, lawmakers on both sides of the aisle have expressed concerns that Chinese authorities could force ByteDance to hand over U.S. user data. R...
- + Flight attendants at Southwest Airlines seal deal for 22% pay hikes next month—Workers will also split $364 million in ratification bonuses, according to the union. Read More [Category: Business]
- + Rubrik valued at $5.6 billion after massively oversubscribed IPO prices above range—The Microsoft-backed cloud data platform raised a total of $736 million. Read More [Category: Business]
- + IBM shares fall after flatlining sales in its second-largest business unit—IBM separately announced it would buy HashiCorp, which sells software to manage cloud-computing operations, for $6.4 billion. Read More [Category: Bu...
- + Baby boomers are fearful of soaring costs for food and housing—A third of older adults with credit card debt carry a balance of more than $10,000 and 12% have a balance of $20,000 or more. Read More [Category: Bu...
- + Tesla driver said he was using Autopilot and looking at his phone before a crash that killed a motorcyclist—The motorcyclist, Jeffrey Nissen, 28, was under the car and pronounced dead at the scene, authorities reported. Read More [Category: Business]
- + The FTC noncompete ruling will narrow the gender gap in entrepreneurship—Noncompete agreements make entrepreneurship more costly, more risky, and more penalizing for women. Read More [Category: Business]
- + The FTC noncompete ruling will narrow the gender gap in entrepreneurship—Noncompete agreements make entrepreneurship more costly, more risky, and more penalizing for women. Read More [Category: Business]
- + The FTC non-compete ruling will narrow the gender gap in entrepreneurship—Non-compete agreements make entrepreneurship more costly, more risky, and more penalizing for women. Read More [Category: Business]
- + Investors yank $2.2 billion from Cathie Wood’s once-mega popular Ark funds, even as tech skyrockets—The firm’s cumulative ETF assets are down 81% from 2021 highs. Read More [Category: Business]
- + Meta's stock sags under the weight of aggressive AI spending—Meta has been spending insistently to compete on AI against other tech peers like Microsoft and Alphabet. Read More [Category: Business]
- + After shrugging off a $355 million loss, Boeing slogs through fresh allegations it retaliated against workers—Two Boeing engineers said their poor—and identical—performance reviews were the company lashing out over their raised safety concerns. Read More [Cat...
- + The race for human-AI interaction usage data is on—and the stakes are high—Google won search with its trove of usage data. Look for AI to be won in a similar fashion. Read More [Category: Technology]
- + A new reality of 7% mortgage rates could be setting in, top economist says —“If we look at where a 10-year Treasury yield is trading or settling, that’s a key driver of where mortgage rates are going,” said the chief U.S. econ...
- + Luxury home prices have gotten so unwieldy that Ye, formerly Kanye West, had to slash the price of his Malibu mansion by around $14 million—Some of Ye’s Malibu neighbors reportedly said the property was "left to rot." Read More [Category: Economy]
- + ‘We are in a tough moment’: Boeing slows airplane deliveries 36% as it fights to regain public confidence—“Safety and quality must and will come above all else,” Boeing CEO David Calhoun wrote in a memo to employees. Read More [Category: Markets]
- + Why David Beckham is suing Mark Wahlberg's fitness company—Beckham is suing F45 Training, a fitness company co-owned by Wahlberg, claiming it owes him millions of dollars for an endorsement deal. Read More [C...
- + The university protests against Israel's action in Gaza are a defining moment for Gen Z—Many Gen Zers want their institutions to divest from Israel in light of the devastation in Gaza. Read More [Category: Business]
- + Biden administration’s ‘commonsense’ retirement rule could save workers $5 billion a year—“This rule ensures that advisors must put their clients’ interests front and center.” Read More [Category: Personal Finance]
- + Biden administration’s ‘common sense’ retirement rule could save workers $5 billion a year—"This rule ensures that advisors must put their clients' interests front and center." Read More [Category: Personal Finance]
- + RE/MAX chairman shrugs off groundbreaking $418 million commissions settlement, saying realtors will adapt —"If you look at the oil embargoes, you look at 17% interest rates, you look at the 2007 financial crisis, realtors learn to adapt, change their sales,...
- + 'We need to move fast'— Biden signs TikTok ban along with $95 billion war aid for Ukraine, Israel and Taiwan—“History will remember this moment," the president said. Read More [Category: U.S.]
- + GM is on the rise—but for now, EVs are holding it back, not leading the charge—Strong quarterly earnings are countered by continued losses on EV production, but GM says its EVs will be profitable as soon as later this year. Read...
- + Chase Sapphire Reserve review: A rockstar among premium travel cards—Do the Sapphire Reserve's benefits and perks upstage the high annual fee? Read More [Category: Personal Finance]
- + Ryanair CEO dishes advice to Boeing on managing its crises: ‘Never put a pilot in charge of an airline’—Ryanair and Boeing have shared a close and complicated relationship over the years, but the discount airline continues to lean heavily on the manufact...
- + What is a full stack developer? Here’s everything you need to know—High-paying salaries and experienced skill sets are just part of what a career in full stack development has to offer. Read More [Category: Education...
- + The AI frenzy could fall flat as companies hoard chips without enough data centers to host them—This “buy AI now, figure it out if it works later" mode is the very mindset that could put sustainable AI innovation in jeopardy. Read More [Categor...
- + Fortune Recommends the best business credit cards—We found the best business credit cards for small business owners with a variety of different needs. Read More [Category: Personal Finance]
- + Best Business Credit Cards of 2024—We found the best business credit cards for small business owners with a variety of different needs. Read More [Category: Personal Finance]
- + $122 Thai delivery and $26 to-go coffees: New wage laws meant to help gig workers are backfiring big-time—The new wage laws are causing food takeout prices to skyrocket and delivery orders to tank. Read More [Category: Business]
- + Debt 101: debt settlement vs. debt consolidation vs. DMPs—Dealing with debt can be crippling. However, there are a number of paths that can help you get back to financial freedom. Read More [Category: Perso...
- + Amazon rolls out unlimited grocery delivery subscription with Prime—Overhaul could boost business at Whole Foods and other holdings. Read More [Category: Business]
- + DOJ seeks 3-year sentence—double federal guidelines—for Binance’s Changpeng Zhao—Prosecutors said 36 months would be an appropriate term given the Binance founder's "willful violation of U.S. law and its consequences." Read More [...
- + A University of Oxford researcher is testing a revolutionary vaccine to prevent the onset of lung cancer—Sarah Blagden hopes that one day people will be able to go in for a vaccine appointment when they hit 40 to prevent major cancers. Read More [Catego...
- + American Airlines shakes up its frequent-flyer rules—Be careful where you book. Read More [Category: Business]
- + Chocolate prices have exploded—as has the wealth of Mars and Ferrero family empires, outsizing two of the world's top cocoa-producing countries—The collective wealth of the Ferrero and Mars families beats the summed-up GDPs of Ghana and Ivory Coast, Oxfam's report said. Read More [Category: B...
- + The 10 best secured credit cards for 2024—We compared dozens of secured credit cards across numerous financial institutions and weighed minimum account deposits, annual fees, credit limits, re...
- + Want a risk-free investment that earns you more than 5% a year? Try these CDs.—The best CD rates are now well over 5%. Read More [Category: Personal Finance]
- + Luxury buyers are spending an extra $1 million to add pickleball courts to vacation homes—Buyers are willing to spend an extra seven figures for the needed space. Read More [Category: Personal Finance]
- + 'War-time mode' Musk restores investor faith in Tesla’s growth story by accelerating plans to launch new models—The Tesla CEO scrapped plans to build his low-cost car using a revolutionary new technique, opting to save money and bring the model to market sooner ...
- + How to Choose the Best 10-Year CD Rate for You—A 10-year CD is a long-term commitment, but locking in a high APY can lead to a big payoff. Here are the top rates this month. Read More [Category: P...
- + Old Bitcoin wallets keep waking up: How many of the 1.8 million ‘lost’ coins are really gone?—A new survey by Chainalysis and Fortune takes a closer look at dormant wallets from the early Bitcoin era that hold over $1.2 billion. Read More [Cat...
- + Crypto app Strike launches Bitcoin services across Europe—Founder and CEO Jack Mallers said the company is profitable after an $80 million funding round in 2022. Read More [Category: Cryptocurrencies]
- + What is Global Entry and why do you want it? Here’s how to get it nearly free—Global Entry can make your return to the U.S. from international travel a speedier experience, if you’re eligible. Here’s how it works. Read More [C...
- + New Biden administration rules require airlines to refund changed flights and abolish surprise fees—“Airlines should compete with one another to secure passengers’ business — not to see who can charge the most in surprise fees,” Transportation Secret...
- + LinkedIn CEO says galvanizing 18,000 employees to shift objectives to AI hasn’t been easy but they’ve worked to ‘create a movement around it’—To understand how AI will impact the future, people need to start thinking about jobs not as titles but as sets of tasks, says LinkedIn CEO Ryan Rosla...
- + London is the world's top talent magnet, eclipsing Amsterdam and New York. Yet it’s this country that beckons most—“London’s position as the most desirable city, a position it has retained for many years, is both a promise and a challenge,” a BCG expert said. Rea...
- + Chinese suppliers shrug off U.S. tariff threats as customers flock to their cheap goods—Even buyers looking for alternatives to China think the world's second-largest economy will still be their top source. Read More [Category: Finance]
- + A celebration of diversity, national pride, and the power of pop and glitter – here's a guide to all things Eurovision—This year marks the 50th anniversary of Eurovision’s most iconic moment, ABBA’s victory in the 1974 contest with “Waterloo.” Read More [Category: Wor...
- + The BBC is moving fast and showing that humans must always come first—The world’s leading public broadcaster is investing in pilots to demonstrate AI’s potential as a positive force in the media space Read More [Categor...
- + TikTok parent moves closer to being forced to sell or face a ban after Senate vote—The TikTok legislation was included as part of a larger $95 billion package that provides foreign aid to Ukraine and Israel and was passed 79-18. Rea...
- + A 60-year-old worker in Texas says she's dependent on apps that let her get paid early: 'They get you hooked on having that money'—Between 2018 and 2020, transaction volume on wage-access apps tripled from $3.2 billion to $9.5 billion, according to Datos Insights. Read More [Cate...
- + Mexico's meth trade has become so lucrative it is exported as far away as Hong Kong or Australia—Felipe de Jesus Gallo, the head of Mexico’s Criminal Investigation Agency, said that since the 1990s “Mexico has been the champion of methamphetamine ...
- + Traces of bird flu found in pasteurized milk, FDA says, with virus traveling from birds, to cattle, to humans, and chickens—The agency stressed that the material is inactivated and that the findings do not represent a risk to consumers. Read More [Category: Business]
- + On crucial earnings call, Musk reminds the world Tesla is a tech company. ‘Even if I’m kidnapped by aliens tomorrow, Tesla will solve autonomy’—After a dismal quarter for Tesla, CEO Elon Musk tried to reassure investors the company’s real value was its effort to perfect self-driving cars. Re...
- + Three top executives at Tesla have resigned in two weeks, with the latest departure at the end of its earnings call—Tesla’s vice president of investor relations announced he would leave after seven years. Read More [Category: Business]
- + Biden administration finalizes nationwide ban on noncompetes as Chamber of Commerce vows to fight ‘blatant power grab’—“In parts of the economy that turn on human relations, this would be a huge sea change,” said one attorney. Read More [Category: Business]
- + Apple may strike a historic deal with FIFA—and give a major boost to its streaming service—The race to secure rights for live sports is heating up. Read More [Category: Business]
- + Baltimore officials plan to open a deeper channel in port to release ships trapped in harbor—The 35-foot-deep channel will allow five of seven ships currently trapped in Baltimore's harbor to leave. Read More [Category: Finance]
- + Owners of Coach and Versace snap at FTC after it sues to block $8.5 billion merger—Tapestry and Capri will make the case they face extreme pressures from both mass market and true luxury brands, legal experts say. Read More [Catego...
- + Tesla profit plunges 55% as it warns of 'notably lower' sales growth—EV maker's first-quarter net income plummeted to $1.13 billion amid falling global sales and price cuts. Read More [Category: Finance]
- + Best credit cards of 2024—We compared dozens of credit cards to find the best credit cards for 2024. Read More [Category: Credit Cards]
- + Lackluster returns from Ray Dalio's key investing strategy lead investors to pull $70 billion from funds—'It's been disappointing for a long time'—Investors cut the amount in risk-parity funds to about $90 billion by the end of 2023, from a peak of about $160 billion in 2021. Read More [Category...
- + 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. Read More [Category: Business]
- + Interested in a career in helping others get fit? These are the best personal trainer certifications for 2024—Fortune analyzed nearly two dozen programs and ranked the top 10. Read More [Category: Education]
- + Here’s who might buy TikTok as a Senate ban-or-divest order appears all but certain—The TikTok divestment bill was bundled into a massive $95 billion aid package, which helped fast-track it through Congress. Read More [Category: Tec...
- + I’m a venture capitalist, and here’s why I believe we need to guarantee everyone’s basic needs: The social floor is actually a trampoline that can propel our economy—Imagine how people might participate differently in the economy if the society guaranteed their basic needs Read More [Category: Commentary]
- + Meet the four types of millennials, from the Great Recession-blighted set to the 'peak' of the generation—It helps explain the “tale of two cities” of millennials. Read More [Category: Lifestyle]
- + Cruise operator Viking targets $11 billion valuation as IPO market stays hot—Viking, which has $5.4 billion in debt, is planning to go public next week. Read More [Category: Business]
- + Nearly half of all baby boomers couldn’t afford their current homes if they were to buy them today, survey finds—“Rising home prices are a double-edged sword,” a Redfin senior economist said. Read More [Category: Economy]
- + Bilt Mastercard: Earn travel rewards just by paying rent—The Bilt Mastercard allows you to earn rewards by paying rent in addition to being the rare travel card that doesn’t charge an annual fee. Is it right...
- + BlackRock doubled security spending for CEO Larry Fink amid growing backlash to ESG investing—The world’s largest asset manager paid $780,00 last year for security guards and an upgraded security system at Fink’s home, filings show. Read More ...
- + Bitcoin makes gains after ‘halving,’ shares of crypto-linked firms soar—Bitcoin is up less than 4% since the halving, but related stock prices are seeing bigger gains. Read More [Category: Cryptocurrencies]
- + Sports leagues thought they hit the jackpot by partnering with the betting industry–but gambling scandals are turning Americans against them—If sports leagues are not careful, the sports betting industry’s dream can quickly turn into a nightmare for pro sports. Read More [Category: U.S.]
- + Céline Dion says she may never tour again amid battle with stiff person syndrome. Here’s what to know—"I'm working very hard and tomorrow will be even harder." Read More [Category: Health]
- + ISSA vs. NASM: Which personal trainer certification will pump up your career?—Personal trainers seeking certification may end up choosing between ISSA and NASM CPT programs, and there are numerous things to take into considerati...
- + Delta workers get a 5% raise—Starting salaries are going up as well. Read More [Category: Business]
- + Ex-Googler and Palestinian-American fired for opposing Project Nimbus speaks out: 'This was not my idea of what the American workplace should be'—Several fired Google employees spoke at a press conference Monday about their experiences. Read More [Category: Books]
- + Tech CEO on the merits of virtual work: ‘To think we should work in the exact same way as our industrial forefathers just seems odd to me’—Marco Zappacosta, CEO of home improvement site Thumbtack, points out that “cottage industries” refer to pre–Industrial Revolution jobs, which were all...
- + Classes at Columbia University will be hybrid for the rest of the school year—Pro-Palestinian demonstrations escalate tensions on and around campus. Read More [Category: U.S.]
- + Taylor Swift’s new album shatters streaming records across the board—To call The Tortured Poets Department a hit would be an understatement. Read More [Category: Music]
- + Why an ISSA certification may be a good first step for up-and-coming trainers—The ISSA CPT certification is a signal to employers and potential clients that a personal trainer knows their stuff, and may help them grow their busi...
- + Spotify CEO Daniel Ek surprised at negative impact of laying off 1,500 Spotify employees—Ek said Spotify employees were doing too much "work around the work" as he laid off 17% of the group's workforce in December. Read More [Category: Te...
- + Credit Firm review 2024: An affordable credit repair company with decent customer reviews, but limited services—Credit Firm offers plans for individuals and couples, and even has discounts for military members, teachers, first responders, and seniors. Read More...
- + Better Together: How to combine Chase Freedom Flex℠ and Chase Sapphire Preferred® Card for maximum travel rewards—Like combining peanut butter and jelly, there’s a way to “combine” the Chase Freedom Flex and Sapphire cards for maximum travel rewards. Here’s how it...
- + Apple Savings: High-yields for Apple enthusiasts, but what else?—Apple Card’s new high-yield savings account offers a great rate, but what else does it offer? Read More [Category: Personal Finance]
- + Elevate your savings with the best 4-year CD rates—A 4-year CD can help long-term investors lock in a great interest rate. Here are some of the best rates across the U.S. Read More [Category: Person...
- + Boost your earnings with the best 2-year CD rates—The best 2-year CD rates offer great returns and safety. Here's what you need to know. Read More [Category: Personal Finance]
- + Short-term investments with low risks and high rewards: the best 9-month CD rates—The best 9-month CD rates offer great returns and short-term flexibility. Here are the best rates, as well as what you need to know before choosing a ...
- + Despite incidents, Alaska was the most popular airline of 2023-2024—Overall airline satisfaction is at an all-time high. Read More [Category: U.S.]
- + Donald Trump's Truth Social business applied for the foreign worker visa that the former president called 'very bad' and tried to restrict—Trump Media & Technology Group, the company behind Truth Social, filed an application in June 2022 for an H-1B visa for a worker at a $65,000 annu...
- + Baltimore accuses the owner and operator of Dali ship that collapsed bridge of providing ‘incompetent’ crew and ‘clearly unseaworthy’ vessel—The owner and manager of the Dali ship have categorically denied any wrongdoing. Read More [Category: Business]
- + AI startup Prime Intellect raises $5.5M to build high-powered, decentralized research platform—Prime Intellect announced a seed raise to help launch a decentralized platform on which researchers can collaborate and build open-source AI models. ...
- + Gen Z are more bullish on early retirement than millennials, with 14% planning for an escape between 40 and 50—A chunk of Gen Zers anticipate working for just 2 decades, before kicking up their feet and living off just $500,000 for the following 60 years. Read...
- + Oprah Winfrey and Dwayne Johnson donate more than $10m they pledged for Maui wildfire survivors—The Entertainment Industry Foundation, a longtime nonprofit that helps celebrities administer charitable work and that managed the distribution of the...
- + Ocado overtakes rivals amid pressure from shareholders urging the group to leave London for New York—Lidl and Aldi combined now account for 18% of the UK’s grocery market. Ocado still accounts for less than 2% of the market, despite its sales growth. ...
- + Bubble tea bust: Shares in bubble-tea maker Chabaidao plunge over 38% in Hong Kong’s biggest IPO of 2024—Shares of the Chengdu-based company were headed for the worst first-day performance since 2015 for any IPO that raised at least $300 million in Hong K...
- + Starbucks heads to Supreme Court in case against top U.S. labor board—The hearing comes even as the animosity between Starbucks and Workers United, the union organizing its workers, has begun to fade. Read More [Catego...
- + Baltimore leaders strike back after Singaporean firms tried to cap liability in port disaster—'negligence caused them to destroy the Key Bridge'—Attorneys argued the companies should have realized the Dali was unfit for its voyage. Read More [Category: Business]
- + 3 big changes coming to Medicare in 2025—and what they'll mean for you—Here's the lowdown on how Medicare will operate differently in 2025. Read More [Category: Health]
- + Dozen of pro-Palestinian protesters arrested at Yale University, after sweeping arrests at Columbia—Pro-Palestinian encampments have emerged on other campuses, including at the University of Michigan, New York University, and MIT. Read More [Categor...
- + 4 myths about couples therapy—and the truth—No, your relationship isn't doomed. Read More [Category: Health]
- + Designer who smuggled purses made of python and caiman sentenced to 18 months in prison—Fashion designer Nancy Gonzalez would recruit as many as 40 passengers to carry four designer handbags each on commercial flights. Read More [Categor...
- + The recent stock market selloff was just the start of a deeper correction as these 'red flags' loom, JPMorgan's top equity strategist warns—“Market concentration has been very high, and positioning extended, which are typically red flags, at risk of a reversal.” Read More [Category: Marke...
- + Finland—the world’s No. 1 coffee consumer—is turning to AI and lab-grown beans to energize the industry—A typical Finn consumes more than four cups of coffee per day, according to the International Coffee Organization. Read More [Category: Business]
- + Caitlin Clark to sign $28 million deal with Nike to get her own sneaker—Caitlin Clark is set to cash in on her popularity with a historic Nike endorsement deal that would make her one of only three WNBA players with their ...
- + Meta’s Mark Zuckerberg avoided a cage match with Elon Musk but got a jab in anyway by passing him on the billionaires list—The Meta CEO is now the world’s third richest person. Read More [Category: Business]
- + Chris Pratt’s decision to demo a historic home he bought for $12.5 million last year has ignited public outrage: He has ‘more money than taste’—The well-preserved mid-century home was one of Ellwood’s few remaining designs. Read More [Category: Celebrities]
- + Chris Pratt’s decision to demo a historic home he bought for $12.5 million last year has ignited public outrage: He has ‘more money than taste.’—The well-preserved mid-century home was one of Ellwood’s few remaining designs. Read More [Category: Celebrities]
- + Musk turned Democrats off Teslas at a critical time. Here’s what they bought instead—Tesla is at a crossroads. Musk's political antics aren't helping. Read More [Category: Personal Finance]
- + A once-unthinkable revolution is quietly sweeping France's corporate landscape: Foreign-born CEOs—“The world has become a lot more flexible and very global, and CEO hires reflect this. The older generation didn’t have such an open culture.” Read ...
- + OpenAI’s Sam Altman is funding a green-energy moonshot as AI’s power demands grow to “insatiable” levels—Altman leads $20 million funding round for solar startup Exowatt, which aims to generate nearly unlimited and nearly free power. Read More [Category:...
- + Your ground beef may be contaminated with E. coli, USDA says. Here are the products under public health alert—The Greater Omaha Packing Co. says one of its products tested positive for E. coli O157:H7, a strain known to cause severe intestinal infection in hum...
- + In a ‘Succession’-style move, even more of LVMH CEO Bernard Arnault’s kids are nabbing pivotal roles, while their Gen Z brother faces big test—Jean Arnault, director of Louis Vuitton’s watch division, has to contend with a tough luxury market and stubborn young consumers. Read More [Category...
- + 'Second Chance Month' is a failed promise for former inmates. Here's how we can fix that—We should help ex-inmates start businesses, give tax credits to employers who hire them, and expunge criminal records from search results after a set ...
- + Tesla will try to stem the bleeding on its earnings call after its worst sales quarter in four years, a round of price cuts, and a sinking share price—Tesla, once a pioneer of electric vehicles, has even its most ardent supporters clamoring for CEO Elon Musk to “handhold investors.” Read More [Categ...
- + Baby boomer filled housing markets are seeing more supply and falling prices—the rest don’t have enough homes or sellers —“The reality is that about 70% of sellers are also buyers, so sellers are sensitive in this environment as well,” Zillow’s chief economist said. Rea...
- + These are professional investors' 3 biggest fears for markets in 2024, according to a JPMorgan survey—Investors are worried about resurgent inflation this year, but messy geopolitics are the long-term concern. Read More [Category: Economy]
- + Onetime mall favorite Express files for bankruptcy as its officewear crashes into the hybrid-work world—Increasingly casual fashion put the retailer "firmly on the wrong side of trends," one analyst said. Read More [Category: Business]
- + The Lahaina fire leveled their home. Now the cheapest rental they can find is $10,000 a month—Maui and Kauai counties have lost residential housing because so much has been turned into short-term rentals. Now the government is cracking down. R...
- + Tata Consultancy Services cuts bonuses for employees who aren't in the office 5 days a week—Workers at the 600,000 strong consultancy risk receiving no bonus if they come into the office less than three days a week. Read More [Category: Busi...
- + Pacific Debt Relief review 2024: A debt solution with solid costumer rating—Dealing with an insurmountable amount of unsecured debt? Pacific Debt Relief might be the right solution to reach financial freedom. Read More [Categ...
- + Sky Blue Credit review 2024: A consumer-friendly credit repair company with an exit ramp if unsatisfied—Sky Blue Credit can help with removing inaccuracies in your credit report. It stands out from the pack with its 90-day money-back guarantee for new cu...
- + Capital One Lounge: What you need to know—Capital One Lounges are a great way to relax before your flight. It provides excellent value to premium Capital One credit card holders, but only when...
- + Get a [dynamic]NewtekBank-Savings-APY[/dynamic]% APY with a Newtek Bank savings account—Newtek Bank N.A. boasts a high-yield savings APY and multiple CDs to boost your savings. Read More [Category: Personal Finance]
- + Elon Musk slashes price for Tesla’s vaunted self-driving tech by a full third—FSD now costs as much as in 2020—After selling for $15,000 as recently as August, the price to buy FSD has now dropped to just $8,000 as Musk struggles to sell enough people on the te...
- + Beijing wants to make it easier for Chinese companies to list in Hong Kong—On Friday, China's top markets regulator announced several measures to more tightly connect Hong Kong's and mainland China's stock exchanges. Read Mo...
- + Ferrari’s CEO has nearly doubled its share price since 2021—he credits smaller teams and cutting the company’s ‘bureaucratic mass index’—“When you change the culture of a company, it’s never a revolution. It’s an evolution,” CEO Benedetto Vigna said. Read More [Category: Business]
- + Sundar Pichai tells Google staff he doesn’t want any more political debates in the office—Google’s CEO Sundar Pichai has ordered employees to leave their political opinions at home after sacking "disruptive" protesting employees. Read More...
- + Ken Griffin's Citadel Securities labels Trump Media CEO a 'loser' after he claimed to be a victim of market manipulation—"If he worked for Citadel Securities, we would fire him, as ability and integrity are at the center of everything we do.” Read More [Category: Politi...
- + Ken Griffin's Citadel labels Trump Media CEO a 'loser' after he claimed to be a victim of market manipulation—"If he worked for Citadel Securities, we would fire him, as ability and integrity are at the center of everything we do.” Read More [Category: Politi...
- + Gen Z women flock to Uniqlo as return-to-office mandates force them to merge work and evening wear—Uniqlo's U.K. boss says shoppers want clothes they can wear “at the office or on a night out,” in latest work-related buying shift. Read More [Catego...
- + Europe's temperatures rising at nearly twice the global average, U.N. report warns—The latest five-year averages show that temperatures in Europe are now running 2.3 degrees Celsius (4.1 Fahrenheit) above pre-industrial levels, compa...
- + UAW’s next big Southern test after winning Tennessee union vote is Alabama—The UAW has accused the German carmaker of violating U.S. and German labor laws with aggressive anti-union tactics, which the company denies. Read Mo...
- + Gen Zers are puzzling the American workplace. To understand them, look at the pre-war generation, not millennials—Gen Z has grown up with financial uncertainty, war, and political tumult. Their inherent skepticism can become a superpower in the right context. Re...
- + Over 70% of the world's workforce is likely to be exposed to excessive heat during their careers—The International Labor Organization suggested ways that governments can help cope with the rising effects of climate change on workers. Read More [C...
- + Hawaii lawmakers target Maui vacation rentals after Lahaina wildfire supercharges housing shortage and exorbitant prices—The Aug. 8 wildfire killed 101 people and destroyed housing for 6,200 families, amplifying Maui's already acute housing shortage. Read More [Category...
- + London bankers nearing parity with New York's bumper bonuses—Investors will also vote on executive pay packages, potentially turning LSEG CEO David Schwimmer into one of the highest-paid CEOs in the U.K., with $...
- + TikTok tells U.S. staff it will sue to stop bill forcing sale of platform—“This is an unprecedented deal worked out between the Republican Speaker and President Biden,” said Michael Beckerman, TikTok’s head of public policy ...
- + Construction starts on America’s first true high-speed passenger train, between Los Angeles and Las Vegas—Brightline West, whose sister company already operates a fast train between Miami and Orlando in Florida, aims to lay 218 miles of new track. Read Mo...
- + Hong Kong's bankers can earn 70% more than their peers in Singapore—and that's putting them at risk of layoffs—Financial firms have cut Asia staff, particularly in Hong Kong and China, amid a slump in deals and worsening U.S.-China relations. Read More [Catego...
- + China’s EV price war flares up again after Tesla drops the cost of some models to the lowest point in 5 years—Chinese automaker Li Auto cut the cost of its lineup by around 7%, following a weekend price drop from U.S. automaker Tesla. Read More [Category: Te...
- + Huawei’s 7-nanometer chip breakthrough is 'years behind what we have,' U.S. Commerce Secretary says—“It’s absolutely the case that our export controls have hurt their ability to conduct the war, made it harder,” Raimondo said. Read More [Category: T...
- + A U.S. manufacturing renaissance won't create many good jobs—just look at Germany, S. Korea and China, Harvard economist says—"Whether we like it or not, services such as retail, care work, and other personal services will remain the primary engine of job creation." Read Mor...
- + Donald Trump risks cash crunch as legal fees pile up with just $6.8 million left for his lawyers—Trump could seek to raise more money from donors, ask the Republican National Committee to cover the costs or pay for the fees from his own wealth. ...
- + Investors need to buckle up because this is the most dangerous time since the end of World War II, former top diplomat says—"This is actually the most dangerous moment, I would argue, not just since the end of the Cold War but in many ways since the end of World War II." R...
- + Pot is illegal in North Carolina—except on Cherokee land where medical cannabis sales just started—The Eastern Band, with about 14,000 members, can pass rules permitting cannabis as a sovereign nation and federally recognized tribe. Read More [Cate...
- + The outlook for home prices has changed drastically in just the past month as Fed rate cuts look more and more distant—Freddie Mac said home prices will increase 0.5% in 2024 and 2025, after saying last month they will rise 2.5% in 2024 and 2.1% 2025. Read More [Cate...
- + China's demand for gold is unstoppable as consumers, investors, and the central bank fuel a record-breaking price surge—“There isn’t much alternative in China. With exchange controls and capital controls, you can’t just look at other markets to put your money into.” Re...
- + Tram accident at Universal Studios in Los Angeles injures 15 people—A Universal Studios Hollywood spokesperson emailed a statement to The Associated Press confirming there were “multiple minor injuries." Read More [Ca...
- + TikTok eyes removal of exec in charge of placating U.S. government after House passes divest-or-ban bill—On Saturday, the House approved a bill requiring TikTok to be sold by its Chinese parent or face a ban in the U.S. Read More [Category: Technology]
- + Tesla slashes Full Self-Driving price after discounting EVs in China, Europe, and the U.S.—Late Saturday, Tesla cut the price of its Full Self-Driving software to $8,000 in the U.S. from $12,000. Read More [Category: Technology]
- + Musk delays India visit and meeting with Modi as Tesla, SpaceX eye huge market—“Unfortunately, very heavy Tesla obligations require that the visit to India be delayed, but I do very much look forward to visiting later this year."...
- + Longtime Tesla bull hits panic button on robo-taxis vs. Model 2: 'It would be a disaster of epic proportions'—"We've been through a lot of white-knuckle moments for Musk and Tesla," Ives said. "This is up there." Read More [Category: Technology]
- + Luxury rental prices for Paris Olympics slashed by half or more as demand comes in weak—High-end, 1,100-square-foot residences are asking around €10,000 per week, down from €20,000 or €30,000 a few months ago. Read More [Category: Olymp...
- + HGTV's Property Brothers reveal the biggest mistakes new real estate investors make and predict the next hot housing market—"They get in over their heads because they've been watching those TikTok videos," said Drew Scott of the Property Brothers. Read More [Category: Mark...
- + House passes $95 billion in aid for Ukraine, Israel and other U.S. allies—The whole package will go to the Senate, where passage in the coming days is nearly assured. Read More [Category: World]
- + Congress puts TikTok divest-or-ban bill on fast track, could become law in days—The US House on Saturday tied legislation forcing TikTok’s Chinese parent ByteDance to divest its ownership stake to a crucial aid package for Ukraine...
- + Investors are ‘a frog in boiling water’ after brushing off the Iran-Israel conflict, top economist says —"Given that this is a region that is vulnerable to errors of judgment, insufficient understanding of adversaries, and implementation accidents, that c...
- + A dot-com entrepreneur who once lost $6 billion in one day has made billions from the Bitcoin rally and his company's surging shares—Saylor has billions of dollars worth of paper gains from his holdings of MicroStrategy stock and his personal Bitcoin stash. Read More [Category: Bus...
- + At least 5 companies under Elon Musk’s control billed each other around $9 million in expenses—For a company of Tesla’s size, the number of transactions involving companies associated with CEO Elon Musk is unusual. Read More [Category: Technolo...
- + Tesla cuts some EV prices to cheapest levels ever amid weak sales and swelling inventory—The cheapest version of the Model Y is now $42,990 in the US, returning the sport utility vehicle’s starting price to the lowest it’s been. Read More...
- + Senate votes to renew spy program just after midnight expiration, defeating efforts to limit FBI access to intel—The legislation passed 60-34 with bipartisan support and now goes to President Joe Biden’s desk to become law. Read More [Category: U.S.]
- + Bitcoin's latest halving is now complete. Here's what could happen next—As a result of this halving, the fourth since 2012, the daily reward paid to miners will drop to 450 Bitcoin from 900. Read More [Category: Cryptocu...
- + VW workers in Tennessee overwhelmingly vote to join union, as UAW renews push to organize nonunion auto plants—The union wound up getting 2,628 votes, or 73% of the ballots cast, compared with only 985 who voted no in an election run by the National Labor Relat...
- + Cannabis CEOs make over $400,000 on average, while edibles chefs make $46,000. Here’s how weed world pay breaks down—On 4/20, a look at the finances behind the weed industry. Read More [Category: U.S.]
- + Nobel laureate Esther Duflo proposes taxing 3,000 billionaires to protect the world’s poorest from climate change—and most Americans likely agree with the plan—The proposal is meant to hold billionaires tax-accountable–and use the money to help the poorest people survive climate change. Read More [Category: ...
- + 5 signs of under-the-radar economic pain from the Fed's favorite on-the-ground source—Shrinking profit margins, squeezed nonprofits and rising insurance costs are just some of the worrying trends in the Fed's latest Beige Book report. ...
- + AI is shaking up how sports like rugby, soccer and cricket are played—and it could soon mint big money for sports clubs—“For the most ambitious and innovative teams, there is an exciting opportunity now," one expert told Fortune. Read More [Category: Sports]
- + Uber and authorities are probing hoax calls made to an 81-year old man that led to a female driver's death—The March 25 shooting death of Loletha Hall is “a horrific tragedy," and that account has since been banned, an Uber spokesperson said. Read More [C...
- + Golden-goodbye payouts on Wall Street could be at risk under resurrected Financial-Crisis era rule—The Federal Deposit Insurance Corp. aims to vote on a measure in coming weeks. Read More [Category: Business]
- + Your reusable water bottle may be a breeding ground for strep and fecal bacteria. Here's how to keep it clean—It doesn’t take much to breed bacteria in your oft-used water bottle. Read More [Category: Health]
- + Recreational cannabis use may lower your risk of cognitive decline, study says—Previous research suggests people with subjective cognitive decline are 2.5 times more likely to develop dementia. Read More [Category: Health]
- + A Colorado Rockies coach visited the cockpit of a United flight while at 35,000 feet. Now the FAA is investigating—Video surfaced this week that appears to show Rockies hitting coach Hensley Meulens sitting in a pilot's seat while the April 10 flight was at cruisin...
- + He thinks his wife died in an understaffed hospital. Now he’s trying to change the industry—Nurses are telling lawmakers that there are not enough of them working in hospitals and that it risks patients’ lives. Read More [Category: Health ca...
- + Hundreds of staffers laid off at Nike, as second-round job cuts hit Oregon headquarters—The latest round is part of an enterprise-wide 2% staff reduction, the company said. Read More [Category: Business]
- + Tesla's worst recall in years for 3,900 cybertruck pedals adds to pile of bad news for Elon Musk—The news that the truck's accelerator pedal can get stuck and cause a crash comes as Tesla's market value has shrunk by two-thirds. Read More [Categ...
- + Mortgage rates surpass 7% for the first time this year—“It seems increasingly likely that mortgage rates are not going to come down anytime soon,” the Bright MLS chief economist said. Read More [Categ...
- + Sonny Angel shortage explained: ‘There just aren’t enough pieces available’—Retailers are cutting their orders for Sonny Angel dolls to accommodate factories’ limited capacity. But demand for the product is surging. Read Mor...
- + Don’t call it a stablecoin: How did a ‘synthetic dollar’ generate a yield of 113%?—Tokenizing the cash-and-carry trade, Ethena is turning heads in the crypto market. But some worry its risks are being overlooked amid the latest bull ...
- + Former HGTV star slapped with $10 million fine and jail time for real estate fraud—An investor found a property “to be a burnt-down shell with no work done on it.” Read More [Category: Business]
- + We ranked the best balance transfer cards available in 2024—Consolidate your debt and save hundreds of dollars in interest when you transfer a balance to one of these top credit cards. Read More [Category: Per...
- + Single women are scraping by: Held down by the wage gap and inflation, they struggle to build wealth or emergency savings—In this economy, “it’s too expensive to be single,” women say. Read More [Category: Personal Finance]
- + There’s an early winner in the race to feed AI’s infrastructure demands: private equity—Firms plow tens of billions into data centers and energy projects: “The amount of money that’s being invested in this area is breathtaking.” Read Mor...
- + Earn over 5% APY on CDs from MYSB Direct—MYSB Direct offers beyond-average interest and APYs on its money market account and CDs. Read More [Category: Personal Finance]
- + Fed Chair Powell ‘backed himself into a corner’ by predicting rate cuts this year and is now in a ‘tricky situation,’ according to this chief investment officer—Forget interest-rate cuts—private wealth manager Michael Landsberg argues the Fed may even be forced to raise rates this year. Read More [Category: E...
- + Looking for a travel reward credit card with an impressive sign up bonus?—Those with a vagabond spirit may enjoy the Chase Sapphire Preferred card's straightforward rewards structure. Read More [Category: Personal Finance]
- + The retirement gender gap is so large, women have less savings in the best markets than men in the worst—After a bear market, men's retirement assets would have a median value of $199,400, while women would have $184,600 after a bull market. Read More [C...
- + Rihanna's 'Fenty effect' could teach AI developers about inclusivity and fighting bias—The singer’s Fenty Beauty line revolutionized cosmetics with 40 foundation shades. AI needs a “Fenty moment” of its own. Read More [Category: Technol...
- + Tesla’s Q&A with investors rips open Musk anguish: 'Will you please at least appear to make Tesla your top priority?’—Among the top-voted questions: “Is there any discussion about oversight of Elon’s erratic behavior on X that is damaging the Tesla brand?” Read More ...
- + Luxury homes are more expensive than ever—The typical luxury home sold for a record $1,225,000 in the first quarter of this year, according to Redfin. Read More [Category: Economy]
- + Accredited Debt Relief review 2024: A debt settlement company with excellent client reviews—Accredited Debt Relief can help settle your debt for less than you owe in 24 to 48 months. However, they are only available to consumers in select sta...
- + Medicare’s push to improve chronic care doesn't attract many doctors—At least two-thirds of Medicare enrollees have two or more chronic health conditions. Read More [Category: Health care]
- + Online giant Wayfair tests the offline market with first brick-and-mortar store—Location will open in Illinois next month. Read More [Category: Business]
- + Western Alliance Bank offers high-yield savings accounts and CDs, allowing you to keep all your money in one place—Western Alliance Bank offers a range of banking products and high APYs on its savings account and CDs. Read More [Category: Personal Finance]
- + Paid parental leave at schools is so dire that teachers must hoard their sick days and time their pregnancies around summer vacation—When Laura Wright told her school’s principal about her first pregnancy, he replied, “you didn’t plan that too smart.” Read More [Category: Health]
- + Taylor Swift surprises fans, doubling the number of songs on The Tortured Poets Department—“And now the story isn’t mine anymore… it’s all yours.” Read More [Category: Music]
- + WHO's new chatbot SARAH is available to talk 24/7 and in eight languages—The chatbot lacks depth as 'they just don’t want to overstep their boundaries and this is just the first step,' according to a researcher at George Wa...
- + Money Management International review 2024: A non-profit solution to your debt—Money Management International offers credit counseling and debt management plans to consumers in need nationwide. Read More [Category: Personal Fina...
- + Air traffic controller tells Southwest flight to cross into JetBlue’s path, FAA investigates—The FAA will investigate after a flight at Ronald Reagan Washington National Airport was instructed to cross a runway where another flight was startin...
- + ‘It’s a phenomenon’: How 4/20 grew organically from a group of Northern California high schoolers into marijuana’s holiday—During fall 1971, at 4:20 p.m., just after classes and football practice, "The Waldos" would meet up, smoke a joint and go in search of a friend's bro...
- + DEI is under attack. Here’s the real reason it makes many white men uncomfortable—DEI now has a controversial connotation–but the hard facts show that it can benefit everyone–not just a select few. Read More [Category: Business]
- + First state attempts to regulate AI have mile-wide self-reporting loopholes: ‘It’s already hard when you have these huge companies with billions of dollars’—“It’s a new frontier and in a way, a bit of a wild, wild West,” Alaska’s Republican Sen. Shelley Hughes said. Read More [Category: Artificial Intelli...
- + Spain’s drought is so bad that Barcelona is getting a second desalination plant for drinking water—The temporary plant, floating offshore, will produce 6% of the city's consumption, compared to almost a quarter of the water now produced by the perma...
- + Israel downgraded by S&P on risk of military escalation with Iran—S&P's change for Israel's long-term credit rating was issued shortly before the strike in Iran, and almost three months after a Moody's downgrade....
- + You earned your Ultimate Rewards sign-up bonus—Here are the 4 best ways to spend it—From a getaway at the Grand Hyatt to a banana cream cheesecake, there are plenty of ways to redeem Chase Ultimate Rewards for more than a penny each i...
- + EXCLUSIVE: With an “eroding trust” in higher education, these 5 trends are set to shape the industry in 2024, according to Deloitte—In a Fortune exclusive, Deloitte shares that AI, athletics, and value propositions are expected to bring challenges and opportunities to higher ed thi...
- + Netflix shocks market with plan to stop reporting subscribers once growth wave from password-sharing crackdown is over—After harvesting most of the low-hanging fruit, Netflix may struggle from 2025 onward to show further gains unless it starts investing heavily in live...
- + Biden hails the U.S. as the ‘strongest economy in the world’ but its hot inflation is angering allies as their currencies flop—“Of course it is concerning,” as IMF Managing Director Kristalina Georgieva summed it up Thursday with reference to the dollar’s strengthening Read M...
- + 90-year-old designer Giorgio Armani has kept his legacy alive—and independent. Now, he's open to adapting: 'I don’t feel I can rule anything out'—The iconic fashion mogul said he doesn't see a takeover or IPO in the cards anytime soon, but can't "rule anything out." Read More [Category: Busines...
- + Biden administration moves to let conservation groups rent government-owned land just like oil, ranching and mining companies do—Officials pushed past strong opposition from private industry and Republican governors to adopt the proposal. Read More [Category: Environment]
- + Goldman Sachs boss urges coders to study philosophy as it'll prep them to 'debate a stubborn AI' —Marco Argenti highlighted the value of philosophical study, citing its role in refining problem-solving abilities. Read More [Category: Tech]
- + Samsung tells its executives to work a 6-day week—At Samsung, a five-day workweek apparently isn’t enough to get the job done. Now its executives will have to work weekends too. Read More [Category: ...
- + ‘There are bad people and there are bad dogs’: California landlords fight bill to ban no-pet policies—Matt Haney, chair of the renters’ caucus, would not require all landlords to accept pets, but they would have to provide reasonable justifications for...
- + BP paid just $1,300 each to 79% of the Deepwater oil spill victims because of a single switched word in the multibillion-dollar settlement—The British energy giant declined to comment on the AP's investigation, citing ongoing litigation 14 years after the spill. Read More [Category: Envi...
- + Virginia becomes first state to allow colleges and universities to directly pay student athletes through NIL deals—Michigan athletic director Warde Manuel said other states may follow Virginia's lead. Read More [Category: Sports]
- + Ron DeSantis brings volunteer chaplains into schools in the name of religious freedom—“No one’s being forced to do anything, but to exclude religious groups from campus, that is discrimination," DeSantis said. “You’re basically saying t...
- + Jailed reality TV stars want to appeal their bank fraud and tax evasion convictions—Todd and Julie Chrisley are challenging aspects of their convictions and sentences in a federal appeals court. Read More [Category: Business]
- + Black Chicagoans stunned that government finds over $300 million to tackle migrant crisis after ignoring poverty for decades—“If you can all of a sudden come up with all these millions of dollars to address their housing, why didn’t you address the homeless issue here?” says...
- + Roe v. Wade repeal horror revealed as red-state emergency rooms from Florida to Texas deny care to pregnant women—Complaints that pregnant women were turned away from U.S. emergency rooms spiked in 2022 after the Supreme Court overturned Roe v. Wade, federal docum...
- + Apple could be trying to 'hedge its supply chain bets' away from China with CEO Tim Cook's whirlwind Southeast Asia tour—Cook visited Vietnam, Indonesia, and Singapore this week, pledging greater investment in all three economies. Read More [Category: Business]
- + OpenAI makes first India hire—a public policy head to lobby government as it shapes AI regulations for world’s most populous country—The hiring highlights the generative-AI company’s efforts to push for favorable rules as governments around the world consider how to regulate the rap...
- + Oil prices jump about 3% after explosions reported in Iran—Overnight on Wall Street, the S&P 500 fell 0.2%, the index's fifth straight loss. Read More [Category: Markets]
- + Iran fires air defenses after spotting drones as reports of attack from Israel swirl—U.S. officials declined to comment as of early Friday, but American broadcast networks quoting unnamed U.S. officials said Israel carried out the atta...
- + Wealthy Norwegians flee to Switzerland to evade high wealth taxes, with their bankers following—Eighty-two rich Norwegians with a combined net wealth of about $4.3 billion left the country in 2022-2023, with 34 moving out last year alone. Read M...
- + Google is combining Android and Chrome software group with Pixel and Fitbit hardware division to more broadly integrate AI—Google CEO Sundar Pichai said the changes will “turbocharge the Android and Chrome ecosystems” while helping to spur innovation. Read More [Category:...
- + Joe Lewis' $250 million superyacht sets sail after he pays US fine—The British tycoon and Tottenham Hotspur Football Club owner pledged his yacht along with his private jet to secure his release following his arrest i...
- + Warren Buffett-owned railway says it didn’t know about asbestos it hauled that killed hundreds in Montana town—The case in federal civil court over the two deaths is the first of numerous lawsuits against the Texas-based railroad corporation to reach trial over...
- + Larry Ellison's son faces competition to buy Paramount as Sony and Apollo consider joint bid—Paramount is already holding exclusive talks with Skydance Media, the independent film and TV company led by David Ellison. Read More [Category: Busi...
- + Apple removes Meta-owned WhatsApp and Threads from its China app store after Beijing deemed them national security risks—Apple said it was obliged to remove the apps after an order from China's internet regulator, the Cyberspace Administration of China. Read More [Categ...
- + Lawmakers advance measure to bring more booze to movie theaters in New York—'Someone should be able to enjoy a cocktail while they watch a movie,' senator says—New Yorkers would also be allowed to buy takeout cocktails at restaurants and bars for the next five years. Read More [Category: Business]
- + Snack-shop chain sued over alleged racial discrimination in hiring of Black, mixed-race and Native American employees—The privately held, family-run company has more than 23,000 employees and operates convenience stores and gas stations in Pennsylvania, West Virginia,...
- + Nordstrom family eyes go-private deal—again—Nordstrom previously tried to go private but those talks ultimately flopped in 2017. Read More [Category: Business]
- + Small Texas town foiled Russian hacker group that attacked its water systems—The group, calling itself CyberArmyofRussia_Reborn, claimed responsibility for January attacks on water facilities in the United States and Poland. R...
- + Wildfire that caused $5.5 billion in damage ripped through Maui at a rate of a mile per 90 minutes—A report released Wednesday found a widespread communications breakdown left residents in the dark as the fire spread. Read More [Category: Business]
- + Pro-Palestine tech workers push back against Google's cloud project—Google responds to pushback against its involvement with Israel via “Project Nimbus” by firing 28 workers. Read More [Category: Business]
- + Tesla CEO Elon Musk wants $45 billion but the company has shed $700 billion in market cap value—The board is asking shareholders to approve Musk’s compensation package after it was struck down by a Delaware judge. Read More [Category: Business]
- + Taiwan’s surging energy prices are a warning for power-hungry American AI companies—and a boon for the biggest chip manufacturer—TSMC beats expectations on earnings, but stock falls anyways because investors had the company “priced for perfection.” Read More [Category: Tech]
- + The NBA just issued its first gambling ban in 70 years, booting Jontay Porter for committing the league’s ‘cardinal sin’—The Toronto Reporters forward-center feigned sickness and injuries in order to control his own prop bets. Read More [Category: NBA]
- + Meet the CEO who makes your dog-food delivery feel like visiting a Disney resort—Chewy CEO Sumit Singh gives customers “the best personalized service you should expect at the best local neighborhood pet store.” Read More [Category...
- + Tesla bull warns ditching plans for 'crucial' cheaper car would be 'thesis-changing'—David Baron said he would be "very surprised" if the planned Model 2 is taken off the table. Read More [Category: Tech]
- + Ibotta shares surge on ‘overwhelming demand’ after IPO generates more than $577 million—Shares of the Walmart-backed digital marketing company jumped after Ibotta’s IPO was oversubscribed by 20%. Read More [Category: Business]
- + How to get workers to stop fearing AI and embrace change? Build 'AI playfulness' teams, expert urges—"Humans are experts at knowing where their jobs are terrible,” says Suzy Levy, managing director at The Red Plate. Read More [Category: Business]
- + The cost of owning a home is officially the highest on record, Redfin says. Here’s how bad it is out there—“The combination of high mortgage rates and prices have brought homebuyers’ median monthly housing payment to a record $2,775,” Redfin’s Dana Anderson...
- + DEI critics were hoping that the Supreme Court’s Muldrow decision would undermine corporate diversity programs. It does no such thing—Muldrow has no effect on DEI programs, writes the ACLU's Ming-Qi Chu. Read More [Category: Business]
- + 10 free data analytics courses you can take online—From basic concepts to A/B testing to programming languages, these 10 free courses will help you gain a foothold in a rapidly growing field. Read Mor...
- + Disneyland's Cinderella and Mickey Mouse move to unionize as a major expansion looms—Actors behind the characters are one of the few groups at the park not already organized. Read More [Category: Entertainment]
- + EU preps vast program of subsidies as it declares U.S. and China 'no longer playing by the rules'—“We’re in danger of falling out of touch. There is no time to waste. The gap between the European Union and the U.S. in terms of economic performances...
- + From ‘tumbleweed’ to $22 million penthouse: Stratford skyscraper boasts East London’s most expensive apartment—“I loved living here, but I’m the kind of person to leave when the pioneering stage is over,” Handelsman says. “The Range Rovers are now coming in, in...
- + How 3 baby boomers are approaching phased retirement, the ‘mega-trend’ reshaping workplaces—Many college-educated baby boomers have no intention of completely leaving the workforce. Read More [Category: Personal Finance]
- + Jamie Dimon says he feels tremendous pressure to guard over the economy and make society better—The JPMorgan Chase CEO says he feels a 'huge burden to do a good job for his country'. Read More [Category: Business]
- + Wendy’s will offer free fries every Friday through the end of the year—Promotion will run through the end of the year. Read More [Category: U.S.]
- + This $362 billion 'beyond well-positioned' Dutch company is quietly winning the global AI chips race—ASML has a monopoly on advanced semiconductor manufacturing tools, and it’s poised to gain from CHIPS Act investment. Read More [Category: Tech]
- + Immigration, productivity, inflation: Why finding the pandemic’s ‘missing women’ could be the solution to almost every challenge facing the U.S. economy today—Increasing women’s labor force participation could provide a sustainable solution to some of the most pressing challenges facing the U.S. economy toda...
- + Secondhand watch prices have tanked—but luxury watches weren’t meant to be investments anyway, Rolex CEO says—“I don’t like it when people compare watches with stocks. This sends the wrong message and is dangerous,” Rolex’s Jean-Frédéric Dufour said. Read Mor...
- + WHO unveiled a new AI-powered chatbot to provide basic health information. The problem is it’s giving wrong medical answers—SARAH, short for Smart AI Resource Assistant for Health, is a virtual health worker that’s available to talk 24/7 in eight different languages. Read ...
- + Venture capital continues Web3 retreat, but Q1 hints at a changing tide—Web3 startups raised just short of $1.9 billion across 346 deals, according to new data, a 58% increase from Q3 2024. Read More [Category: Cryptocurr...
- + Some interns at Big Tech and consulting giants are already earning six-figure salaries—The $23 billion gaming giant Roblox is said to be paying fresh-faced interns over $10,000 a month, according to Glassdoor. Read More [Category: Perso...
- + Jamie Dimon confronted Bill Gates after the Microsoft founder said banks were dinosaurs: 'Obviously he was dead wrong, he'd probably agree with that'—But Dimon did agree with Gates on the wider point that "technology changes everything"—even if that hadn't meant banks becoming redundant. Read More ...
- + Deliveroo returns to order growth with a 2% increase but for rival Just Eat Takeaway, it's not looking as rosy—Orders were up 4% in the international division and Deliveroo reported flat order growth in the UK and Ireland. Read More [Category: Business]
- + AI deepfakes could decide U.S election, experts warn—Political strategists warn of a 'race to the bottom' as AI supercharges the spread of fake news. Read More [Category: Business]
- + Biden administration agrees to provide $6.1bn for Micron Technology to produce advanced memory chips in New York and Idaho—Senate Majority Leader Chuck Schumer, D-N.Y., personally courted Micron to build what would ultimately be a set of four chip factories near Syracuse i...
- + Unions want to stop firms using AI to spot facial expressions for hiring decisions—The TUC says the U.K. is losing a race against time to stop AI from taking over the workplace. Read More [Category: Technology]
- + The summer's looking bright for budget airline easyJet as bookings grow, losses narrow and its Israel service is repurposed—EasyJet has managed to avoid major supply chain challenges, unlike its rivals such as Ryanair and Wizz Air. Read More [Category: Business]
- + ChatGPT-style AI bot explosion is all thanks to slick design, says AI unicorn 'chief wizard'—“Conversational computational conversation has been around since the '30s,” Sachin Dev Duggal founder of Builder.ai says. “This stuff isn't new.” Rea...
- + Malaysia wants to benefit from chip companies trying to diversify their supply chains—The tech rivalry between the U.S. and China could be an opportunity for Malaysia's semiconductor industry to stand out. Read More [Category: Technolo...
- + Microsoft's $13 billion deal with OpenAI falls short of a takeover, EU competition regulator finds—The European Commission has decided that the tie-up doesn’t merit a formal probe because it falls short of a takeover and that Microsoft doesn’t contr...
- + Sundar Pichai fires 28 Google workers for staging sit-in protest over $1.2 billion Israeli contract—“Physically impeding other employees’ work and preventing them from accessing our facilities is a clear violation of our policies, and completely unac...
- + Trump's social media stock rose 16%, still down 67% from its $80 peak—Even with the bounce, the stock has shed some $5.4 billion from last month, with the value of Trump’s position dropping to $2.1 billion. Read More [C...
- + Casino operator calls smoking ban 'one of the greatest threats to our business'—A potential smoking ban in Atlantic City has roiled some casino operators. Read More [Category: Business]
- + Disney advances plan to inject $1.9 billion into 'the happiest place on Earth'—It would be the biggest expansion of Disney’s Southern California theme parks in decades. Read More [Category: Business]
- + These states and cities have the best—and worst—brain health in America. See where your home ranks in mood, memory, and more—Healthy eating was the activity most positively associated with survey respondents’ brain health, followed by leisure activities and time with friends...
- + The Justice Department wants to cut down on corporate misbehavior by offering wrongdoers leniency—The program excludes CEOs and chief financial officers. Read More [Category: Business]
- + California eyes crackdown on identity-shielding LLCs—A bill that would require business owners to disclose their identities to the public advanced on Wednesday. Read More [Category: Business]
- + What is a health coach? 5 skills you need to break into the field—To become a health coach, you’ll need to get certified by the NBHWC, and you’ll want to be a great listener and motivational interviewer. Read More [...
- + Boeing whistleblower says he was told ‘frankly to shut up’—Boeing was basically “putting out defective airplanes,” quality engineer Sam Salehpour told a Senate subcommittee. Read More [Category: Business]
- + Biden says US Steel 'should remain totally American' and vows to triple China tariffs—China produces about half of the world’s steel and sells it for less than half what U.S.-produced steel costs, administration officials said. Read Mo...
- + Jerome Powell pumped the brakes on rate cuts, but Goldman still eyes a soft landing because of the strong job market—The soft landing is still on because spikes in inflation were a blip and the job market isn’t seeing many layoffs, Goldman’s chief economist says. R...
- + Salman Rushdie reveals what he learned from the attack that blinded and nearly killed him: 'There is value in hearing from voices that offend us'—Salman Rushdie was hunted by Iran for decades over his controversial novel. He just published another book. Read More [Category: Books]
- + The economy might be booming, but housing has fallen into a recession: A top real estate CEO says he’s never seen anything like it—Redfin’s Glenn Kelman discusses his business, salary, and all things housing with Fortune. Read More [Category: Economy]
- + Want a four-day workweek? Head to Singapore—Singapore’s government joins other forward-thinking countries like the U.K. in mandating companies take flexible-work requests seriously. Read More [...
- + Want a four-day workweek? Head to Singapore.—Singapore’s government joins other forward-thinking countries like the UK in mandating companies take flexible-work requests seriously. Read More [Ca...
- + United Airlines says it would have been profitable last quarter if not for Boeing’s $200 million screwup—The FAA’s grounding of the Boeing 737-9 Max after a door-plug blowout cost United $200 million. Read More [Category: Finance]
- + United Airlines says it would have been profitable last quarter if not for Boeing's $200 million screw-up—The FAA's grounding of the Boeing MAX 9 after a door blew off a plane cost United $200 million. Read More [Category: Finance]
- + 7 proven ways to reduce — or even eliminate — your debt—End the cycle of high-interest debt with these proven strategies. Read More [Category: Personal Finance]
- + High mortgage rates are finally hitting new home construction as builders are pulling back on projects—“It makes little economic sense to ramp up construction on homes that won't be sold in the near future,” one engineer said. Read More [Category: Econ...
- + Home prices soared 40% during the pandemic—but Zillow sees them rising less than 2% this year—It’s “slower than long-term norms but a welcome slowdown for first-time buyers compared to the rapid appreciation seen over the pandemic,” Zillow said...
- + The U.S. and China are leading the world in AI innovation–but the U.K. can punch above its weight. Here’s how—By investing in computing power, opening up data assets, and creating a market for AI services, the U.K. can establish itself as a true AI superpower....
- + JCPenney expects to return half a billion dollars to customers this year—New rewards program will target Kohl’s. Read More [Category: Business]
- + Microsoft-backed Rubrik looking to raise $713 million in latest tech IPO—Rubrik is set to go public by the end of the month—and could be valued at more than $5.4 billion. Read More [Category: Finance]
- + As gold prices hover near record high, Citigroup sees it smashing past $3,000—Gold futures on Wednesday stood at $2,407 per ounce in mid-morning trading. Costco's gold bars cost a bit less than that, if you can find them. Read ...
- + Ford recalls nearly half a million Bronco Sport and Maverick vehicles that have battery detection issues—Ford is recalling more than 456,000 vehicles due to a battery detection issue that can result in loss of drive power, increasing crash risks. Read Mo...
- + Worldcoin, Sam Altman’s eye-scanning crypto project, announces its own blockchain —The blockchain will be deeply entwined with the Worldcoin protocol and is aimed at accelerating adoption of World ID. Read More [Category: Cryptocur...
- + The Stanley Cup marketing wizard’s next project is Heydude shoes—Terence Reilly comes home to Crocs. Read More [Category: Business]
- + KKR entrusting green transition to ex-CEO of oil-guzzling giant Shell—Ben van Beurden set Shell's first climate targets, but was also named "Fossil Fuel Villain of the Year" by New Republic. Read More [Category: Busines...
- + Amazon's health boss believes it's not 'acceptable' for customers to get a 'surprise bill' when they come to pay for medication—Amazon has doubled down on its expansion into the healthcare space following its purchase of primary-care company One Medical in 2022 for $3.9 billion...
- + Tesla asks shareholders to restore Musk’s pay package: ‘Because the Delaware Court second-guessed your decision, Elon has not been paid for any of his work for Tesla for the past six years’—The package was ruled null and void in January after a Delware court felt investors were not informed that Musk had been allowed to decide the terms o...
- + Why the CEO of a $12 billion pet services company still responds to customer emails himself—Chewy CEO Sumit Singh maintains a tight focus on customer service. Read More [Category: Leadership]
- + How to use CLEAR for stadiums and arenas in 2024—CLEAR is a great program to get you through airports quickly and easily, but did you know that you can use it to get through entrances to stadiums and...
- + Boeing’s mid-air blowout no surprise considering company’s safety culture, says FAA panelist and aerospace engineer whose brother died in 737 Max crash—“I would have thought that they would have ‘gotten it’ five years ago,” said Javier de Luis, the brother of Graziella de Luis, who was killed when a 7...
- + ‘No one wants to see a picket line on Sesame Street’ but that’s exactly what’s happening as writers unanimously vote for strike—"Millions of parents and families around the world are going to have a lot of questions,” a union leader said. Read More [Category: Business]
- + Beware, Swifties. A major British bank just issued a warning after fans lost an estimated $1 million in Taylor Swift concert ticket scams—“Cruel fraudsters have wasted no time in targeting her most loyal fans as they rush to pick up tickets for her must-see concerts,” Lloyds Bank said. ...
- + Canada will soak the rich with capital gains tax jump to raise billions for housing in market where Gen Z can’t catch a break—Prime Minister Justin Trudeau’s administration has been sinking in opinion polls, which show that he’s losing younger voters who are frustrated about ...
- + Disney’s multibillion-dollar theme park facelift gets unanimous approval from Anaheim council—It would be the biggest expansion of Disney’s Southern California theme parks in decades. Read More [Category: Business]
- + Disney’s mulitbillion-dollar theme park facelift gets unanimous approval from Anaheim council—It would be the biggest expansion of Disney’s Southern California theme parks in decades. Read More [Category: Business]
- + Dropbox's CEO says managers mandating returns to the office are just 'mashing the go-back-to-2019 button’ and creating toxic relationships with staff—The remote working cat is out of the bag and "that's what a lot of CEOs today misunderstand,” Dropbox’s cofounder and CEO Drew Houston said. Read...
- + Biden calls for tripling of tariffs on Chinese steel as he campaigns in Pennsylvania—In addition to boosting steel tariffs, Biden also will seek to triple levies on Chinese aluminum. The current rate is 7.5% for both. Read More [Categ...
- + Bank of America CEO says Wall Street is 'Fed watching' way too much—Brian Moynihan says he's looking at the data to decide how well the economy's doing, which doesn't fall under the Fed's influence. Read More [Categor...
- + Dr. Martens shares plunge to record lows after CEO exits amid double-digit revenue warning—Trading in Dr. Martens stock was temporarily halted on the London Stock Exchange as it sank to a record-low 0.62 pounds. U.S. shares are down 55% in t...
- + Alfa Romeo renames 'Italian sounding' Milano after Italy threatens lawsuit—"A car called Milano cannot be produced in Poland. This is forbidden by Italian law," Italy’s industry minister Adolfo Urso said last week. Read More...
- + People aren’t thirsty for champagne and luxury bags—and that’s jeopardizing LVMH’s sales growth among high-end shoppers—Some segments at LVMH, like Wine and Spirits, grew slower than others. But context about the luxury spending figures—and what it's compared to—is key....
- + Apple CEO Tim Cook says ‘we’re investing’ in Indonesia fresh off his pledge to spend more on Vietnam suppliers, continuing his Southeast Asia charm offensive—After Vietnam, Cook then flew further south to Indonesia—and said Wednesday that he’s ready to “look at” the country’s manufacturing sector. Read Mor...
- + Gen Z favorite Dr. Martens is struggling as its CEO steps down—and it might be because their shoes last too long—Famously made to last, the durability that led to its popularity may be the very thing keeping it from astronomic growth. Read More [Category: Busi...
- + Adidas predicts profit boost mainly due to strong demand for the classic Samba – whilst continuing to shed Yeezy stock—CEO Bjorn Gulden has pledged to return Adidas to growth this year following the collapse that the company faced during the pandemic when demand dried ...
- + Coal miners will get long wanted protection from dust that causes black lung—The final rule, announced by Acting Labor Secretary Julie Su, cuts by half the permissible exposure limit for crystalline silica for an eight-hour shi...
- + Dutch semiconductor giant ASML blames 'transition year' for missed targets—While some of ASML’s biggest customers have been posting positive results, demand for the latest semiconductor equipment failed to meet expectations. ...
- + F1 remains the dominant motor racing franchise in the world, but concerns around sustainability, cost and convenience may prompt Formula E to steal the crown—FE’s head Jeff Dodds says its only a matter of time before the upstart catches up with its gas-guzzling sibling. Read More [Category: Business]
- + NPR editor suspended for 5 days without pay over essay criticizing employer—Uri Berliner, a senior editor on NPR's business desk, wrote: "Today, those who listen to NPR or read its coverage online find...the distilled worldvie...
- + California agriculture zone is so dry state will monitor how much groundwater it pumps for crops—and farmers say move will force many out of business—It's the first area in California to go through this process under the state's landmark groundwater law that aims to keep water flowing sustainably af...
- + Biden’s Education Dept. starts clock on regulation that would cancel student debt for over 25 million Americans—The paperwork for the regulation still has to go through a 30-day public comment period and another review before it can be finalized. Read More [Cat...
- + Voting tech company Smartmatic, targeted by bogus 2020 election fraud claims, settles defamation suit against One America News Network—Last year, on the eve of a trial, Fox News agreed to pay $787 million to settle a defamation lawsuit filed by a much larger voting technology company,...
- + Japan racks up trade deficit for third straight year—The deficit was 5.89 trillion yen ($38 billion) for the fiscal year that ended in March, according to Finance Ministry data released Wednesday. Read ...
- + Powell threatens to keep interest rates high ‘as long as needed’ as recent data show it’s ‘likely to take longer than expected’ for inflation to fall—“Recent data have clearly not given us greater confidence" that inflation is coming fully under control, the Federal Reserve chair said during a panel...
- + Judge throws out tribes’ legal challenge to $10 billion power line running through ‘one of the most intact, prehistoric and historical … landscapes in southern Arizona’—The transmission lines will forever transform “a place of beauty, prayer and solitude for generations of O'odham," says Tohono O'odham Attorney Genera...
- + Luxury brands have a new headache in China: Stingy shoppers are returning their goods, erasing up to 75% of their sales value—This unusually high rate of returns — well above the 20% to 30% that consultancy Sanford C. Bernstein considers normal in the global luxury industry —...
- + Congress hauls in Boeing whistleblower who claims 787 skin is so loose it could break apart—Back-to-back hearings Wednesday will examine allegations of major safety failures at the embattled aircraft manufacturer. Read More [Category: Busine...
- + While streaming giants slash budgets and users flock from X, the U.K.’s biggest publishers are using AI (with a little help from Prince Harry) to get us hooked back on books—By psychologically matching publishers’ backlists to potential readers, AI is giving valuable new life to old titles. Read More [Category: Artifici...
- + Canada proposes higher tax on 0.1%—For anyone under 40, it's 'just harder to establish yourself,' finance minister says—The wealth tax will raise nearly $20 billion Canadian (U.S. $14.5 billion) in revenue over five years. Read More [Category: Business]
- + Janet Yellen sees potential ‘economic spillovers’ from Iran’s ‘malign and destabilizing activity’—Rising tensions between Iran and Israel and what escalation could spell for the global economy are on the International Monetary Fund's agenda. Read...
- + Treasury secretary Yellen calls Iran's actions 'malign and destabilizing'—Rising tensions between Iran and Israel and what escalation could spell for the global economy are on the International Monetary Fund's agenda. Read...
- + Biden jabs Trump on media platform stock losses—'He might do better under my tax plan than his'—Biden has proposed a 25% percent minimum tax rate for billionaires. Read More [Category: Business]
- + Frustrating flight cancellations, daylong waits prompt DOT to strike deal on airline consumer complaints—These issues are "a violation of passenger rights, and we are seeing far too many cases of that,” said DOT secretary Pete Buttigieg. Read More [Categ...
- + Police have made arrests in Toronto heist of 24 gold bars and $2 million in cash—The thief allegedly presented a fraudulent waybill to gain access to an Air Canada cargo hold, according to a lawsuit. Read More [Category: Business...
- + State Street, with $3.6 trillion in assets, is counting on the Fed to slash interest rates—'The overall inflation picture supports a cut,' CIO says—State Street chief investment officer Lori Heinel believes a rate cut in June is "likely." Read More [Category: Business]
- + A liberal activist who tried to pull the Bible from Florida schools just forced Ron DeSantis to scale back the state's book ban law—"When they need to make stupid stupider, they send me up," Chaz Stevens said. Read More [Category: Politics]
- + United took a $200 million hit from Boeing 737 MAX 9 grounding, driving it to a quarterly loss—The airline is evolving its fleet strategy due to shifting delivery timelines from Boeing. Read More [Category: Finance]
- + Tim Cook says Apple wants to invest more in Vietnam, as it distances itself from China—Over the last 5 years Apple has put $16 billion into bolstering manufacturing in Vietnam. Read More [Category: Business]
- + The U.S. is reportedly preparing to sue Ticketmaster over the monopolistic behavior that outraged Swifties last year—Ticketmaster currently controls more than 80% of the market share for major concerts–and customers pay dearly, in more ways than one. Read More [Cate...
- + Caitlin Clark is the hottest new WNBA player in a decade—but she’s making less per year than the average New York worker—The WNBA’s No. 1 draft pick makes $76,535 in her first year, over 137 times less than the NBA’s first pick’s salary of $10.5 million. Read More [Cate...
- + The cost of buying a used electric car is plummeting—and that’s great news for mass adoption, but bad news if you already bought one—EV prices are cheaper than ever, opening the market up for budget buyers but costing EV owners thousands in lost resale value. Read More [Category: F...
- + Junior analysts, beware: Your coveted and cushy entry-level Wall Street jobs may soon be eliminated by AI—A major transition is coming for the highly coveted junior analyst position at big Wall Street banks, experts agree. Read More [Category: Business]
- + Remote workers have found a haven in Spain’s capital—here are the top 10 places for digital nomads to tote their laptops—Spain has figured out remote work, but it hasn’t come without a cost. Countries are starting to pump the breaks on digital-nomad visas. Read More [Ca...
- + Fed Chair Jerome Powell's 'unfriendly' message for markets: You might not be getting any rate cuts this year—“Given the strength of the labor market and progress on inflation so far, it’s appropriate to allow restrictive policy further time to work,” Powell s...
- + The U.S. economy is looking red-hot this year while China is showing signs of fatigue, top economists say—How the Fed handles inflation could play a role in future growth projections. Read More [Category: Business]
- + Governors of 6 southern states threaten auto workers' jobs on the eve of a major union vote—"In America, we respect our workforce and we do not need to pay a third party to tell us who can pick up a box or flip a switch," they wrote. Read M...
- + Cheap electric cars are finally here—but price cuts won’t translate to more sales until infrastructure catches up—Would-be buyers of sub-$10,000 used EVs are limited by access to public chargers. Read More [Category: Tech]
- + 'Headlines are scary right now,’ but the new bull market could last another 9 years, according to this veteran investor—Productivity gains from AI in the long term will outweigh near-term geopolitical volatility, according to James Demmert of Main Street Research. Read...
- + What is bond insurance, and how can it protect your business?—Here’s what to know about bond insurance, who needs it, and why it’s valuable. Read More [Category: Personal Finance]
- + Fashion giant Shein has been slapped with yet another lawsuit alleging copyright infringement, data scraping, and AI to steal art: 'It’s somewhat shocking that they’ve been able to get away with it'—Internet law and intellectual property lawyer Brett Lewis said Shein’s electronic monitoring system likely impacts thousands of independent online cre...
- + Cofounders of SoulCycle launch a platform to improve your work relationships: ‘We don't know our colleagues anymore’—Julie Rice on getting into the business of relational health. Read More [Category: Health]
- + There’s a hidden penalty to going fully remote: A ‘task tax’ that stymies company growth, report finds—Remote workforces spend more time on menial tasks and require more training than their in-person counterparts, a new study finds. Read More [Category...
- + 85% of people believe lifelong upskilling will be the new norm, but barriers still remain to make it a reality, according to new ETS/Harris Poll research—In a Fortune exclusive, the new data shows that while AI has helped express a need for lifelong learning, barriers remain. Read More [Category: Edu...
- + Bitcoin struggles to regain momentum after weekend wipeout erased more than 10%—Since Bitcoin’s sudden tumble on Saturday, the original cryptocurrency has been hovering near $62,000. Read More [Category: Cryptocurrencies]
- + Another top Fed officials warns of higher-for-longer interest rates: 'Sustainably restoring 2% inflation is not yet done'—Fed vice chair Philip Jefferson joins a chorus of officials suggesting rate cuts are a long way away. Read More [Category: Technology]
- + Microsoft takes $1.5 billion stake in Emirati AI company G42—The deal “was developed in close consultation with both the UAE and U.S. governments,” Microsoft said. Read More [Category: Technology]
- + How to become a real estate agent—For aspiring real estate agents, you’ll need to attend class, pass an exam, activate your license, and join a brokerage. Read More [Category: Educati...
- + Facebook and Instagram’s response to deepfake porn is under review by its Oversight Board—Company looks to determine whether it has appropriate policies in place. Read More [Category: Technology]
- + Why a ‘collapse’ of younger VC firms may not be a bad thing, according to a top angel investor who backed Uber and Robinhood—Careless investors were seeding companies and shouldn’t have been, said Jason Calacanis, who’s happy to see “venture tourism” evaporate. Read More [C...
- + Best hotel credit cards for free nights in April 2024—As room rates surge, the feeling of cashing in a free night becomes so much sweeter. Check out our picks for the best hotel credit cards for free nigh...
- + TGI Fridays just got bought out after struggling for years—UK’s Hostmore to acquire U.S. operations. Read More [Category: Business]
- + Like to lend a helping hand? Life coaching may be the path for you—Life coaches are becoming increasingly popular, and getting certified and starting a practice likely isn’t as difficult as you think. Read More [Cate...
- + Volkswagen, Porsche killing old models—creating new opportunity for BYD—EU cybersecurity laws forcing European carmakers to shutter old brands could be the latest supply-demand shock benefitting BYD. Read More [Category: ...
- + Joe Biden and Kamala Harris share how much they owed the IRS this year—President and first lady earned almost $620,000 in 2023. Read More [Category: U.S.]
- + Baby boomers are redefining work in their 60s, 70s, and beyond with ‘unretirement’ plans: ‘We’re not our grandparents’ vision of retirees’—"There’s a revolution afoot about what retirement could look like." Read More [Category: Personal Finance]
- + CVC Capital, the private equity giant behind Six Nations and LaLiga, plans to launch $1.3 billion IPO in Amsterdam after past delays—The firm, cofounded by four finance professionals as an arm within Citigroup over 40 years ago, has soared to become Europe’s top private equity group...
- + 'Febrile' excitement helping early stage AI keep pace with the U.S.—Major European VC partners say the capital has closed the gap with the U.S. at the early stage, but exits remain an obstacle. Read More [Category: Te...
- + Residents rush to save artifacts as blaze engulfs Copenhagen's historic stock exchange building in devastating fire—A devastating fire has destroyed Denmark's historic stock exchange, including its iconic dragon-tail spire, sparking evacuations and cultural loss. R...
- + The beginner’s guide to frequent flyer programs: How to earn, redeem and maximize airline miles—Learning how airline miles work, as well as the benefits offered by airline credit cards, can help make your next dream vacation a reality. Read Mor...
- + 7 people with power at Coinbase—The list contains senior executives but also a few surprises from other parts of the flagship crypto company. Read More [Category: Cryptocurrencies]
- + BMO Alto offers competitive APYs on its online-only accounts—BMO Alto offers a high-yield savings account and above-the-national-average CDs, but there's no physical branch or mobile access to funds. Read More ...
- + Find the best 1-month CD: our pick of the top rates for short-term investors—A 1-month CD can be a smart financial move when you're looking for quick, safe returns without tying up your money for months on end. Here are the bes...
- + AI hallucinations will be solvable within a year, ex-Google AI researcher says—but that may not be a good thing—AI experts told Fortune that the AI hallucinations phenomenon is “obviously solvable” and they’ve estimated it’ll fixed soon. Read More [Category: Ar...
- + Jamie Dimon’s JPMorgan and other North American banks are so far ahead in the AI race that one indexing boss says it’s now a question of ‘Can others catch up?’—"There is a bit of a gap that is growing between the leaders in the index and those further behind because there is such an advantage in being the fir...
- + China gets a ‘good start’ to 2024 with strong GDP growth—but disappointing March data and falling home sales means it could be running out of steam—“The foundation for economic stabilization is not yet solid,” China's statistics bureau warned on Tuesday. Read More [Category: Economy]
- + Stellantis CEO Carlos Tavares’ almost 60% jump in pay to $39m slammed by investors 2 years after previous compensation plan rejected—The pay plan makes Tavares the most highly paid carmaking CEO among incumbent manufacturers. Read More [Category: Business]
- + The 2024 Fortune/PINC AI 100 Top Hospitals—Fortune and PINC AI have partnered to rank the best hospitals in the U.S. Read More [Category: Health care]
- + Fortune/PINC AI 100 Top Hospitals 2024: Teaching Hospitals—Fortune partnered with PINC AI on the 2024 ranking of the 100 Top Hospitals in the U.S. Read More [Category: Health care]
- + Fortune/PINC AI 100 Top Hospitals 2024: Community Hospitals—Fortune partnered with PINC AI on the 2024 ranking of the 100 Top Hospitals in the U.S. Read More [Category: Health care]
- + Dow CEO: My company is a major plastic producer. We must end plastic pollution—This month, an intergovernmental meeting convenes in Ottawa in hopes of advancing a legally binding global agreement to end plastic pollution. Read ...
- + Beloved British retailer Superdry plans to quit the London Stock Exchange after mounting losses to overhaul the company and save it from going bust—Superdry's woes have kept mounting—big losses, a slew of CFO departures and a rapid decline in share price, which is down 82% year to date. Read More...
- + I’m a 24-year-old small business owner. Here’s why I’m suing the SEC—Businesses like mine deserve clarity and transparency—and the courts need to help us obtain it. Read More [Category: Cryptocurrencies]
- + AI could gobble up a quarter of all electricity in the U.S. by 2030 if it doesn’t break its energy addiction, says Arm Holdings exec—‘ChatGPT requires 15 times more energy than a traditional than a traditional web search,’ warns Arm’s Ami Badani at Fortune's Brainstorm AI conference...
- + Dr Martens appoints former Apple senior director as CEO; amid bleak earnings—The leadership change comes as the London-based company, known for its distinctive thick-soled boots grapples with sliding sales in the U.S., its bigg...
- + Owners of Colorado funeral home where 190 decaying bodies were found are now being charged with misspending $900,000 in COVID relief funds—The indictment reaffirms accusations from state prosecutors that Jon and Carie Hallford gave families dry concrete instead of cremated ashes. Read Mo...
- + South Africa, the world's second-largest exporter of oranges, lemons, and grapefruits, looks to peel back EU citrus restrictions it deems 'not justified, proportionate or appropriate'—EU measures including costly sprays and additional refrigeration would cost the South African industry over $26 million in lost exports. Read More [C...
- + ‘Poohniverse’ of twisted public domain characters including Bambi and Pinocchio is planned as copyrights expire on popular cartoon personas—After a two-decade drought brought on by congressional extensions of the copyright period in 1998, works again began entering the public domain in 201...
- + French president Macron is urging his people and Western allies to boost military: 'This has been a real revolution in recent years, and it’s a revolution that has been pushed forward by France'—The fundamental problem for Macron is that so far he hasn’t managed to energize either France’s voters or its economic and military might behind his a...
- + Baltimore salvage crews using floating crane CIA used to retrieve part of a sunken Soviet submarine to remove chunks of fallen Francis Scott Key Bridge—The heaviest section so far weighed about 450 tons (408 metric tons). Read More [Category: U.S.]
- + ‘Change agent’ Caitlin Clark prompts advertiser free-for-all: ‘She’s jump-started a new era of basketball, and she’s propelling women’s sports forward’—Gatorade and State Farm are fairly mum about the future of their deals with Clark but both have multiyear deals with her, and she's in State Farm's ca...
- + NASA confirms 4-inch piece of space junk from International Space Station crashed into Florida man’s home—“I was shaking. I was completely in disbelief. What are the chances of something landing on my house with such force to cause so much damage,” homeown...
- + 3 states consider Bayer-written legislation giving it immunity for Roundup cancer claims as it reels from $10 billion in verdicts and counting—Bayer described the legislation as one strategy to address the “headwinds” it faces, including about 167,000 legal claims. Read More [Category: Busin...
- + American Airlines' pilots union notes mounting safety issues—tools left in wheel wells, items abandoned near parked planes—A spokesman said union officials have raised concerns with senior managers at the airline and were encouraged by the company's response. Read More [C...
- + MGM Resorts sues to halt probe that began after massive hack prompted a hotel clerk to ask the FTC chair for her credit card number—The casino operator said FTC Chair Lina Khan should recuse herself from the case, according to a lawsuit filed Monday. Read More [Category: Tech]
- + Jamie Dimon cashes out more JPMorgan stock, bringing his total share sales this year to $183 million—Monday’s sale was the bank CEO’s second time selling stock in 19 years. Read More [Category: Business]
- + What’s the scoop on protein powder? Nutrition experts share 3 things to know about the popular supplement—Protein powder is convenient but depending on your health and lifestyle, it may not be as nutritious as you think. Read More [Category: Health]
- + Alcohol-fueled hospital visits are spiking among middle-aged women, study says: ‘We simply just don’t know what’s causing this’—Existing research shows alcohol use among women had already begun to skyrocket before the onset of COVID-19. Read More [Category: Health]
- + Adobe launches AI tool meant to let customers ‘have a conversation with’ PDF documents, as companies look to roll out add-ons to existing product lines—Some experts say AI chatbots will continue to proliferate. Read More [Category: Business]
- + Americans want a record $82K to change jobs—and men want nearly $30K more than women—The minimum pay workers say they'll need to jump ship is the highest it's been in a decade. Blame the surging cost of living Read More [Category: U.S...
- + The financial head of Donald Trump’s media company earned 4 times as much as CEO Devin Nunes, new documents show—CFO Phillip Juhan was issued $4.9 million in promissory notes from Trump Media & Technology Group, vs. Nunes’s $1.2 million. Read More [Category:...
- + The financial head of Donald Trump’s media company earned 4 times more than CEO Devin Nunes, new documents show—CFO Phillip Juhan was issued $4.9 million in promissory notes from Trump Media & Technology Group, to Nunes’ $1.2 million. Read More [Category: B...
- + Goldman Sachs’ CEO says AI is driving more companies to reinvent themselves. ‘We’re talking about a level of scale that is candidly unprecedented’—Goldman Sachs’ David Solomon says his company is ready to finance the AI revolution: “I actually think there’s a very, very constructive runway of opp...
- + Goldman Sachs' CEO says AI is driving more companies to reinvent themselves. ‘We're talking about a level of scale that is candidly unprecedented’—Goldman Sachs' David Solomon says his company is ready to finance the AI revolution. 'I actually think there's a very, very constructive runway of opp...
- + Most employers must offer time off for abortion care under new federal rules for pregnant workers—The law, which passed with broad bipartisan support, requires most employers to provide "reasonable accommodations" around workers' pregnancy, childbi...
- + Lacking access to mainland Chinese investors, Hong Kong’s crypto ETFs will be ‘nickels and dimes’ compared with U.S. versions—Hong Kong’s ETF market is worth about $50 billion, compared with $8.87 trillion in the U.S. Read More [Category: Cryptocurrencies]
- + As companies take their AI pilots enterprise-wide, there are challenges to scaling up: ‘If it’s not being used, it’s your problem, not the user’s.’—After about a year of learning and experimenting with AI, executives are now ready to start using it companywide. Read More [Category: Business]
- + Moved far from the city during Covid? Pray you don’t lose your job—Escape the appeal of “brain hubs” like New York and San Francisco at your own risk, a Berkeley economist writes. Read More [Category: Business]
- + The next AI winter could be caused by users’ trust issues—and ‘mindful friction’ can keep it from happening—The future of AI productivity will depend on human ability to incorporate effective checks and balances, said Paula Goldman, Salesforce’s chief ethica...
- + Bill Gates unloaded one of his properties in less than two weeks on the market—and it only cost $5 million—Gates still owns another megamansion in a Seattle suburb worth about $130 million. Read More [Category: Celebrities]
- + Tesla's top engineering exec, who led development of critical technologies, has resigned after 18 years, adding to concerns about who will succeed Elon Musk as CEO—Tesla's top engineering executive Drew Baglino resigned from the company after leading development of its batteries, motors and energy products. Read...
- + Nearly 8 in 10 sellers regret missing the hottest market in decades, survey shows—If mortgage rates come down, 2024 could prompt some homeowners to dip a toe into the housing market, according to Realtor.com. Read More [Category:...
- + Credit Saint review 2024: A credit repair company with many features, but varying results—Learn more about how Credit Saint can help you restore your credit. Read More [Category: Personal Finance]
- + Dead artists will able 'to continue reaching fans for generations to come' thanks to AI, says CAA’s top strategist—Soon you may be able to watch artists like The Beatles come back from the dead to play Hey Jude live at Glastonbury or Coachella, thanks to AI. In fac...
- + Norfolk Southern is getting back on track–but activist investor Ancora is trying to derail it in a vicious proxy fight—A year after the East Palestine disaster, Norfolk Southern CEO Alan Shaw is under attack by activist investor Ancora. Read More [Category: Business]
- + Asking Big Tech to police AI is like turning to 'oil companies to solve climate change,' AI researcher says—"This might be controversial ... but it's not the responsibility of oil companies to solve climate change." Read More [Category: Artificial Intellige...
- + Fortune partners with Accenture on AI tool to help analyze and visualize the Fortune 500: ‘You can’t ask a spreadsheet a question’—Fortune’s incoming CEO, Anastasia Nyrkovskaya, said the tool will draw on decades of proprietary data. Read More [Category: Business]
- + Fortune announces AI tool with Accenture to help analyze and visualize the Fortune 500—Fortune’s incoming CEO Anastasia Nyrkovskaya said the tool will draw on decades of proprietary data. Read More [Category: Business]
- + Gen AI speech and video platforms grapple with a flood of user-generated content: ‘This will be used by bad people to do bad things, that’s for sure’—CEOs advocate for mandatory AI disclosures and limits on impersonation at Brainstorm AI conference. Read More [Category: Technology]
- + Here’s why Gen Z actually likes going to the office more than their older colleagues—Nearly two-thirds of remote-capable Gen Z employees reported they preferred to work in a hybrid environment, according to Gallup’s quarterly survey, t...
- + Expert argues AI won't lead to mass layoffs for workers anytime soon: 'Look at when we were promised fully autonomous cars'—For years, tech executives have predicted self-driving cars would revolutionize our daily lives, only to be proven wrong time after time. Read More [...
- + Native American movement to buy back land boosted by nonprofit’s purchase of ‘one of the most sacred places for the Lakota Nation’—The Supreme Court awarded the Lakota people $105 million for the Black Hills, finding they were illegally taken, but the tribe never accepted. Read M...
- + Mark Cuban on his $288 million tax payment: 'I'm proud to pay my taxes every single year. Tag a former president that you know doesn't'—"I pay what I owe," Cuban wrote on Twitter/X. Read More [Category: Celebrities]
- + GM moves to redevelop its downtown Detroit headquarters with help from Rocket Mortgage founder—Over the last 2 years, about 5,000 white-collar workers at GM took early retirement and many are still on a hybrid schedule, so GM needs less office ...
- + NYC’s rat problem is so out of control a lawmaker wants to give birth control to millions of rodents—City Council Member Shaun Abreu proposed a city ordinance that would establish a pilot program to use birth control on vermin instead of lethal chemic...
- + Arizona’s law banning nearly all abortion was written nearly 50 years before it became a state, when under 7,000 people lived in the territory—New York judge William Thompson Howell wrote the 500-page “Howell Code" in 1864, covering topics including dueling and accidental homicides by ax. Re...
- + Healing the workplace means letting ex-employees tell their side of the story without fear of retribution. It’s time to stop signing them into silence—Non-disparagement clauses in separation agreements too often prevent departing employees from exposing problems within a workplace culture. Read More...
- + Small Oregon town becomes the face of homelessness by trying to turn camping into a fine or jail time—“I certainly wish this wasn’t what my town was known for,” Mayor Sara Bristol told the AP. Read More [Category: U.S.]
- + Americans are getting $123 more on average in tax refunds this year—According to the latest IRS statistics, the average income tax refund so far this season is $3,011. Read More [Category: Personal Finance]
- + FBI opens criminal investigation after Singaporean firm’s ship took down Baltimore Bridge, with $44 million liability cap in play, source says—The person familiar with the matter was not authorized to discuss details of the investigation publicly. Read More [Category: World]
- + America is mirroring China’s tech protectionism and reversing decades of free trade doctrine. Here’s why that’s bad news for U.S. leadership—The USTR must stop leveraging foreign policy to aid a misguided domestic competition policy, says the Consumer Technology Association. Read More [Cat...
- + Running behind? Here's how to file for a tax extension—The good news is: It’s a fairly easy process. Read More [Category: Personal Finance]
- + Why VCs are pouring hundreds of millions of dollars into a little-known AI crypto project called Bittensor—Prominent blockchain firms including Polychain, Digital Currency Group, and dao5 are buying up TAO, the token for the decentralized AI company Bittens...
- + Viagogo boss think Bob Marley would approve of ticket touting—Cris Miller doesn't see an issue with resale model, which has had a host of bad press and terrible reviews from users. Read More [Category: Business]
- + Best hotel credit cards for free nights in April 2024—As room rates surge, the feeling of cashing in a free night becomes so much sweeter. Check out our picks for the best hotel credit cards for free nigh...
- + IRS wants Americans to know the improvements it's made with billions in new funding—The Inflation Reduction Act initially included $80 billion for the IRS. Read More [Category: U.S.]
- + 1-in-5 Americans are getting 5 hours or less of sleep per night, new Gallup poll says—The Gallup poll, released Monday, found 57% of Americans say they would feel better if they could get more sleep. Read More [Category: Health]
- + Lego is about more than just kids' toys—its adult collectors are proving lucrative for the Danish company's $9.7 billion sales—In 2020, Lego launched its adult-focussed category. Adults also introduce kids to Lego, making them a critical group to the Danish toymaker's growth. ...
- + Singapore Prime Minister Lee Hsien Loong is stepping aside for the first change at the top at the business friendly island state in 20 years—Deputy Prime Minister Wong, 51, who’s also finance minister, will become the city-state’s fourth premier the same day. Read More [Category: World]
- + Singapore Prime Minister Lee Hsien Loong is stepping aside for the first change at the top at the business friend island state in 20 years—Deputy Prime Minister Wong, 51, who’s also finance minister, will become the city-state’s fourth premier the same day. Read More [Category: World]
- + Biden administration will provide up to $6.4bn in direct funding for Samsung to develop Texas chip manufacturing and research cluster—The funding announced Monday by the Commerce Department is part of a total investment in the cluster that, with private money, is expected to exceed $...
- + Tesla will cut over 10% of its global workforce—some 14,000 employees—in face of slowing EV demand—Elon Musk cited “duplication of roles and job functions in certain areas” as the reason for the cuts, Electrek said, citing an email the CEO sent to s...
- + Tesla reportedly plans to cut over 10% of its global workforce—some 14,000 employees—in face of slowing EV demand—Elon Musk cited “duplication of roles and job functions in certain areas” as the reason for the cuts, Electrek said, citing an email the CEO sent to s...
- + Heinz is bringing out hot pink ‘Barbiecue’ sauce after Facebook post gauging interest exploded—Heinz is launching Barbiecue, which is discretely labeled on the back of the squeezable bottle as “Heinz Vegan Mayo with BBQ Sauce,” in just two count...
- + Tax Day 2024 sees deals, discounts and freebies—Why not get some food after all that accounting? Read More [Category: Personal Finance]
- + The tax code is made for tradwives. Here’s how much it punishes dual-earning couples—The tax code’s answer to the mommy wars? Providing at least a little of something to everyone. Read More [Category: Personal Finance]
- + Momofuku backs down from ‘chile crunch’ trademark after pushback from small brands founded by Asian Americans—Momofuku started selling its Chili Crunch product in 2020, a crunchy spicy oil with dried peppers and other ingredients like sesame seeds and garlic. ...
- + ‘Civil War’ tops box office with story of a U.S. where California and Texas unite against a president who disbands the FBI and gives himself a third term—It surpassed expectations and earned $25.7 million in ticket sales in North America, according to studio estimates. Read More [Category: Entertainmen...
- + German chancellor walks tightrope as he travels to China to discuss dumping, overproduction, and copyright violations—If Beijing doesn’t heed European warnings to end discriminatory business practices, Brussels will have no choice but to escalate trade defense mechani...
- + Slowing inflation leaves room for spending as Swedish government injects $1.6 billion into health care, employment and the justice system—"We will provide support to the areas that are most in need and where the consequences of inflation have been the greatest," said Finance Minister Eli...
- + Apple loses its spot as the world's top seller of smartphones after tough China competition from brands like Xiaomi and Huawei—Korea’s Samsung sold the most phones in Q1 2024, according to research firm IDC, as Apple loses market share to Chinese competitors. Read More [Categ...
- + Biden and Trump tout very different tax policies—and personal wealth—as Tax Day arrives—Biden is proud to say that he was largely without money for much of his decades-long career in public service, unlike Trump, who inherited hundreds of...
- + Europe is falling behind in generative AI, with the U.S. light years ahead. But the race is just getting started—Companies in Europe have received far lesser funding—by 10-fold—compared to their rivals across the Atlantic. Read More [Category: Technology]
- + Japan’s chip companies are fighting with ski resorts for construction workers as they try to build a new plant in chilly Hokkaido—Japanese construction firm Kajima helped build TSMC's new plant in southern Japan. The next project, a plant in the snowy north, will be harder. Read...
As of 5/17/24 1:42am. Last new 5/17/24 1:09am. Score: 924
- Next feed in category: Wall Street Journal - Business