Starbucks CEO Brian Niccol’s turnaround plan includes measuring stores on just five metrics
“The shine is back,” Niccol crowed on Thursday in Manhattan at his first Starbucks investor day. While even he admits it’s too early to cry victory, he does deserve credit…
$38 trillion national debt finds Democratic, Republican supermajority as watchdog sees ‘a major problem for America’s economic future’
The survey, commissioned by the Peter G. Peterson Foundation, highlights growing voter anxiety as the country’s financial obligations mount. The poll reveals voters across the ideological spectrum are demanding action…
$14 trillion asset manager BlackRock unveils its newest weapon in Wall Street ‘alts’ talent war: profit sharing from private markets
The move could see execs eventually earn millions in payouts for BlackRock’s top-paid private markets executives if funds perform exceptionally well over the next decade. (No figures have been disclosed…
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 policymakers rushed to roll out measures aimed at averting a…
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 battered by tropical storms, major flooding, and other natural disasters.Last…
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 securing FDA approval to test its cutting-edge gene therapy on…
The saga of the billion-dollar sock: The Muppets’ 50th birthday marks a long and profitable run
A variety show that’s still revered for its absurdist, slapstick humor debuted 50 years ago. It starred an irreverent band of characters made of foam and fleece.When “Sesame Street” became…
Pizza cutter-wielding FBI imposter tried to break Luigi Mangione out of jail, authorities say
A criminal complaint filed against Anderson did not identify the person he attempted to free. A law enforcement official familiar with the matter confirmed it was Mangione. The official was…
Struggling to remain relevant during the AI watercooler chat? Talk about your latest ‘new collar’ hire
The irritating thing about the future, a chief financial officer might muse, is that preparing for it costs money—and often an awful lot of it. At this stage of AI development, businesses are spending much of that…
Only 4 democracies have created paramilitary police squads since 1960—if you include ICE
As the operations of Immigration and Customs Enforcement have intensified over the past year, politicians and journalists alike have begun referring to ICE as a “paramilitary force.”All this raises a…
