Tech CFOs face a new challenge: Selling unprecedented capex as ‘disciplined’
Good morning. During earnings calls this week, the CFOs of big tech companies, Meta and Microsoft, delivered a similar message:...
Trump predicts Kevin Warsh will ‘go down as one of the GREAT Fed Chairmen, maybe the best,’ plus he’s ‘central casting’
President Donald Trump said Friday that he will nominate former Federal Reserve official Kevin Warsh to be the next chair...
Twenty-somethings discover nostalgia, throwing back to a carefree time before the ‘dark days’: 2016
The year is 2016. Somehow it feels carefree, driven by internet culture. Everyone is wearing over-the-top makeup. At least, that’s...
Meet Trump’s next Fed Chair Kevin Warsh: He wants a back-seat central bank, a more bullish monetary policy, and for his dog to live a really long time
President Donald Trump named his nominee for Federal Reserve chairman on Friday morning, and it’s the odds-on favorite Kevin Warsh....
Are you a cyborg, a centaur, or a self-automator? Why businesses need the right kind of ‘humans in the loop’ in AI
As generative AI rapidly spreads through organizations, executives face a deceptively simple question: How should humans work with AI? The...
Starbucks CEO Brian Niccol’s turnaround plan includes measuring stores on just five metrics
In today’s CEO Daily: Fortune‘s Phil Wahba reports on the early wins in Starbucks CEO Brian Niccol’s tunaround. The big...
Indonesia exchange CEO steps down as MSCI reform pressure mounts
The resignation of the Indonesia Stock Exchange’s chief executive marked the first tangible consequence of MSCI Inc.’s reform demands, as...
As billionaires chase immortality, this startup cofounded by a Harvard genetics professor gets FDA approval for the first partial de-aging human trial
A startup cofounded by a renowned Harvard geneticist has taken a step toward cracking the human body’s biological breakdown by...
Gen Z believes using AI is making their colleagues dumb and lazy, but may paradoxically see it as key to their own promotion, Wharton says
Last year, researchers from Microsoft and Carnegie Mellon University revealed startling evidence about the impact of using AI on how—and...
$14 trillion asset manager BlackRock unveils its newest weapon in Wall Street ‘alts’ talent war: profit sharing from private markets
BlackRock, the world’s largest asset manager, is borrowing a page from the private equity industry’s playbook, announcing this month that...
German prosecutors’ raid on Deutsche Bank hurts the lender’s attempts to leave its long history of compliance failures in the past
German federal prosecutors descended on Deutsche Bank’s Frankfurt headquarters and Berlin offices Wednesday morning, conducting searches as part of an...
Asia is one of the world’s least insured places, even as it’s battered by climate change and natural disasters
A lack of insurance coverage in Southeast Asia threatens an increasingly important hub for supply chains, as the region is...
Apple’s blowout Q1 results were a reminder of what makes the company so impressive—and why it’s floundering in AI
Apple delivered the goods in its holiday quarter, ringing up billions more than expected in global iPhone sales and in...
Pfizer CEO says he used ‘emotional blackmail’ to get employees to achieve impossible goals during COVID-19
Pfizer CEO Albert Bourla says he used extreme team-motivating tactics to meet seemingly impossible deadlines during the COVID-19 pandemic. In...
Pizza cutter-wielding FBI imposter tried to break Luigi Mangione out of jail, authorities say
A man falsely claiming to be an FBI agent showed up to a federal jail in New York City on...
