BlackRock’s $2.5 billion tokenized money market fund gets boost with Binance tie-up
The news of the Binance tie-up is significant because it will likely further increase the popularity of BUIDL, which the world’s largest asset manager launched last year. Since then, its…
Hooters CEO says private equity turned it into a ‘boys club hangout’—Now he’s plotting a family-friendly makeover
Neil Kiefer has fond memories of the original Hooters restaurant he cofounded in 1983 in Clearwater, Florida. Despite naming his chain with a heavy dose of innuendo, he and his…
‘Very problematic’ disclosure of ‘confidential competitive’ data between Fannie Mae, Freddie Mac roils housing world
Emails reviewed by The Associated Press show that Fannie Mae executives were unnerved about what one called the “very problematic” disclosure of data by Lauren Smith, the company’s head of…
Solving hunger is America’s lowest-hanging fruit
Hunger, sadly, is as American as apple pie: a crisis we seem to revisit each budget cycle but never resolve.Hunger, meanwhile, has no party affiliation. Solving hunger in America offers a…
Why Genpact has an Agentic AI Officer and why she dislikes the term ‘human in the loop’
AI agents are what really differentiates the technology as a true breakthrough, says Jinsook Han, the company’s chief strategy, corporate development, and global agentic AI officer. As revolutionary as generative…
Boston falls in love with tiny alligator in Charles River, rescues footlong reptile before it freezes
It wasn’t a croc — there really was an alligator on the loose in Boston.And the story of the city’s slithering saurian appears to have a happy ending. The small…
Post-conviction Jeffrey Epstein gave dating advice to Larry Summers, former Treasury secretary and Harvard president
During that time, Epstein’s network was eclectic, spanning the globe and political affiliations: from the liberal academic Noam Chomsky to Steve Bannon, the longtime ally of President Donald Trump.Some reached…
I had a front-row seat to AI’s rise at Microsoft and SAP. Here’s the billion-dollar blind spot everyone’s missing
The failure isn’t happening where most executives think it is.Before AI became every board’s obsession, enterprises spent a decade building analytics infrastructure. These systems handled overnight reports just fine because…
Top analyst sees U.S. stocks underperforming the rest of the world over the next decade as ‘superstar’ AI stocks make forecast uncertain
Goldman Sachs’ Peter Oppenheimer, one of the investment world’s most-watched strategists, has sent a powerful message to investors: U.S. stocks are set to underperform over the next decade, and virtually…
CFOs say AI is transforming finance—but only when strategy leads the way
James Glover, principal and finance transformation AI leader at Deloitte, emphasized that AI must align with a company’s core strategy. CFOs should first define their objective—efficiency, control, effectiveness, or engagement—then…
