A tale of two CEO successions: Walmart’s clean break vs. Target’s much-criticized transition
Both Cornell and Walmart CEO Doug McMillon, who had taken the reins at that retailer six months before that moment in 2015, have announced in recent weeks they were giving…
How CEOs can stay clear-eyed during the stock market’s AI selloff
We’ve seen it before. When the internet bubble popped—the S&P plunged 49% in 31 months—many people concluded more or less, “You see? That internet thing was a big nothing.” Obviously…
The same day as his Epstein humiliation in the House, Trump rages at media’s questions while sitting next to Saudi crown prince
President Donald Trump, it seems, has been in a grumpy mood.“I think the license should be taken away from ABC,” Trump told a reporter Tuesday evening, seated beside Saudi Crown…
Younger customers are venturing back to real-world stores, says AS Watson CEO Malina Ngai: ‘They want to be able to touch the product’
AS Watson was established in 1841 in Hong Kong, the year the British took over the territory. Almost 185 years later, the brand is now a health and beauty retail…
Meta prevails in historic FTC antitrust case, won’t have to break up WhatsApp, Instagram
The Federal Trade Commission “continues to insist that Meta competes with the same old rivals it has for the last decade, that the company holds a monopoly among that small…
Fed speeches reveal split that puts rate cut in jeopardy: persistent inflation vs ‘low-hire, low-fire’ labor market
What was once seen as a near-certain cut in interest rates next month now looks more like a coin flip as Federal Reserve officials sharply disagree over the economy’s health…
Michelle Obama shares one easy tip for professionalism that built her confidence and helped her be successful
Professionals don’t know how to dress for their jobs anymore. Since the COVID-19 pandemic, workwear has relaxed, and the playbook for dressing for success has changed. It’s caused a lot…
Exclusive: Crypto exchange Kraken raises $200 million from Ken Griffin’s Citadel Securities to notch $20 billion valuation
One of the world’s largest crypto exchanges has raised a huge stash of capital from a blue chip financial titan. The Wyoming-based Kraken secured $200 million in a strategic investment…
OpenAI’s Fidji Simo says Meta’s team didn’t anticipate risks of AI products well—her first task under Sam Altman was to address mental health concerns
“I would say the thing that I don’t think we did well at Meta is actually anticipating the risks that our products would create in society,” Simo told Wired. “At…
