Fortune Brands new CEO never officially worked a day—but he’ll get $18.4 million after a massive leadership shakeup
The epic payday, ostensibly to compensate Banati for what he left behind…
The world’s EVs were already replacing 70% of Iran’s oil exports. The war just made that matter
The war in Iran has already transformed the world’s energy map. It…
The Fed holds rates steady and punts on the Middle East: ‘uncertain’
The Federal Reserve held rates steady Wednesday for the second meeting in…
66% of CEOs are freezing hiring while betting billions on AI. It’s a costly miscalculation
Corporate America is making one of the biggest capital bets in decades…
New York is suing the Trump Administration again—This time over $58 million in withheld subway funding
The transit agency in charge of New York City’s subway system sued…
‘A bend in the trajectory’: U.S. data center development has hit snags because the power grid is approaching its limits to support them
“Utilities just don’t necessarily have either the grid capacity or the generating…
S&P 500 will return just 3% a year for the next decade, top strategist warns
Rob Arnott warns that shareholders in U.S. big-caps will make one-fifth the…
Venezuela has the world’s largest proven oil reserves, but it can’t solve for the Strait of Hormuz ‘math problem’
As the Iran war drags deeper into its third week, one seemingly…
McDonald’s newest $3 value menu is sounding an alarm about America’s K-shaped economy
McDonald’s is rolling out its cheapest value menu in years, a move…
A gaming CEO asked ChatGPT how to avoid paying a $250 million bonus. It didn’t work
When Changhan Kim, CEO of the South Korean gaming company Krafton, decided…
