Starbucks is winning customers back after investing $500 million in workers and stores
“It really comes from the coffee houses and the partners who empower them, which has been a focal point of this turnaround all along,” Starbucks chief operating officer Mike Grams…
Meta quietly rolls out stablecoin payments four years after demise of controversial Libra project
“We strive to offer the most relevant payment methods, which is why we are exploring how stablecoins could become part of our suite of options,” a Meta spokesperson told Fortune.Spokespeople…
Islamic finance aligns naturally with ESG, says Maybank’s first-ever chief sustainability officer
Islamic finance covers roughly $2.8 trillion in assets worldwide, yet only a sliver of sustainable loans today are sharia-compliant. But Datuk Shahril Azuar Jimin, Maybank’s chief sustainability officer, thinks that…
FedEx and UPS are pledging to give their tariff refunds back to consumers, and the sum will likely top $5 billion
FedEx and UPS did not immediately respond to Fortune’s requests for comment.“It wasn’t worth the $10 tariff for a $27 purchase,” the customer said. “Our intent is straightforward,” a FedEx spokesperson…
Jerome Powell defies Trump one last time, holding rates steady: ‘The facts have moved decisively in the hawkish direction,’ top economist says
Stephen Miran, the Trump-appointed governor who has been the FOMC’s most vocal dovish voice, dissented in favor of a quarter-point cut. That’s not a surprise—Miran, who Warsh would replace, has…
Nvidia CEO Jensen Huang says this career path will thrive in the AI era—and drive a new industrial revolution
He graduated high school two years early and went on to study electrical engineering at Oregon State University, where he joined IEEE—the world’s largest technical professional organization, whose early roots…
How JPMorgan’s CIO is reshaping work at the bank with a $19.8 billion annual tech and AI budget
AI agents, Beer says, will change the way one thinks about work, the tasks to complete that work, how to break those tasks down, the tasks the bank is comfortable…
OpenAI is ‘strongly positioned,’ says Wedbush’s Dan Ives
I asked Dan Ives, a managing director at Wedbush Securities, whether he thought the selloff was warranted. “We believe this is an overreaction, as OpenAI is strongly positioned,” he said.…
‘Take the money and run’: Johns Hopkins economist Steve Hanke on why the UAE quit OPEC
The UAE didn’t mention the Gulf conflict in its public announcement. Its press release stated: “The decision reflects the UAE’s long-term strategic and economic vision and evolving energy profile, including…
The EU just blessed a car industry patent cartel—and the U.S. DOJ is fighting back
Facing ever-increasing competition from Chinese automakers, European auto manufacturers are exploring ways to drastically reduce having to pay for licenses for their use of critical technology standards–—such as in-vehicle 5G…
