Nintendo’s 98% staff retention rate means the average employee has been there 15 years
“The people who first made Nintendo’s hits are still working at the company,” Keza MacDonald, the author of Super Nintendo, a forthcoming book about the developer, told me recently. “For…
How a Texas gas producer plans to exploit the ‘mega trend’ of power plants for AI hyperscalers
After natural gas producer BKV expanded into the power business, the company went on its IPO roadshow two years ago and was met with suspicion and ridicule about its then-unusual…
Meet Luana Lopes Lara: The 29-year-old ex-ballerina spent summers working for Ray Dalio and Ken Griffin—now she’s the youngest female self-made billionaire
But before Wall Street even knew her name, she was training to be a professional ballerina in Rio, where she endured brutal 13-hour days.She’d sit through academic classes from 7…
America, meet your alienated youth: ‘Gold standard’ Harvard survey reveals Gen Z’s anxiety and distrust, defined by economic insecurity
Economic insecurity is central: Many young adults worry about making ends meet, affording housing, and finding stable, meaningful work. Layered onto that economic fragility is a fear that the future…
Meta’s Zuckerberg plans deep cuts for metaverse efforts
Meta confirmed a reduction in resources for the metaverse, and said savings are expected to funnel toward other futuristic projects within Meta’s Reality Labs division, including AI glasses and other…
‘There is no Mamdani effect’: Manhattan luxury home sales surge after mayoral election, undercutting predictions of doom and escape to Florida
Other real-estate leaders, however, argued that the data says differently.Jonathan Miller, president and CEO of Miller Samuel, told Fortune the trend of wealthy buyers scooping up luxury New York real…
‘Have they given enough? No’: Melinda French Gates rips into billionaire class, saying Giving Pledge has fallen short
“Three-quarters of the original U.S. Giving Pledgers who are still alive remain billionaires today,” according to IPS. “They have collectively gotten far wealthier since they signed, while just eight of…
For Wall Street, pandemic-level bad news for jobs is good news for stocks—it pushes the Fed further into cutting territory
On the other hand, the labor market is on a knife edge. The unemployment rate has held relatively steady at around 4% thanks to a shrinking pool of talent, prompted…
Tariffs and the $38 trillion national debt: Kevin Hassett sees ’big reductions’ in deficit while Scott Bessent sees a ‘shrinking ice cube’
Hassett added that he’s not only bullish about growth in the economy but “the fact that we have tariff revenue and we’ve got a lot more spending restraint than was…
AT&T promised the government it won’t pursue DEI. FCC commissioner warns it will be a ‘stain to their reputation long into the future’
“We have closely followed the recent Executive Orders, Supreme Court rulings, and guidance issued by the US Equal Employment Opportunity Commission and have adjusted our employment and business practices,” the…
