The $124 trillion Great Wealth Transfer won’t be a ‘big bang’ warns Northwestern Mutual CEO Tim Gerend
“I think the wealth transfer isn’t going to be just a big bang,” Gerend told Fortune. “It’s not like, we just passed peak age 65 and now all the money…
Databricks CEO Ali Ghodsi says his company will be worth $1 trillion by doing these three things
Ali Ghodsi, the CEO and cofounder of data intelligence company Databricks, is betting his privately held startup can be the latest addition to the trillion-dollar valuation club.The company is also…
CoreWeave CEO: Despite see-sawing stock, IPO was ‘incredibly successful’ after challenges of Liberation Day tariff timing
“We came out into one of the most challenging environments,” Intrator said of CoreWeave’s March IPO, which occurred very close to President Trump’s “Liberation Day” tariffs in April. “In spite of…
‘Fodder for a recession’: Top economist Mark Zandi warns about so many Americans ‘already living on the financial edge’ in a K-shaped economy
Mark Zandi is worried that the labor market no longer has a buffer.So many Americans are “already living on the financial edge,” the chief economist for Moody’s Analytics told Fortune.…
Physical AI robots will automate ‘large sections’ of factory work in the next decade, Arm CEO says
AI-powered humanoid robots could take over large sections of factory work within the next five to 10 years, transforming the manufacturing industry, predicts Arm CEO Rene Haas.One of the key…
Jamie Dimon taps Jeff Bezos, Michael Dell, and Ford CEO Jim Farley to advise JPMorgan’s $1.5 trillion national security initiative
Jamie Dimon’s JPMorgan Chase just unveiled a list of business leaders and retired government officials that will make up a new advisory team to guide the investment bank’s $1.5 trillion…
New contract shows Palantir is working on a tech platform for another federal agency that works with ICE
Palantir, the artificial intelligence and data analytics company, has quietly started working on a tech platform for a federal immigration agency that has referred dozens of individuals to U.S. Immigration…
Paramount’s streaming size would ease U.S. antitrust review
At the Kennedy Center Honors Sunday night, Ellison chatted with President Donald Trump, according to people familiar with the events. Federal Communications Commission Chair Brendan Carr and his wife sat…
HBR: only 6% of companies fully trust AI agents to handle core business processes
Only 6% of companies fully trust AI agents to autonomously run their core business processes, highlighting a stark gap between enthusiasm for artificial intelligence and confidence in turning it loose…
Berkshire appoints new CFO as analysts warn of more executive departures
Marc Hamburg, the longtime SVP and CFO at Berkshire, will retire on June 1, 2027, after 40 years of service, the massive American conglomerate and holding company announced on Monday.…
