Hilton’s CEO focused on rebuilding the hotel giant’s culture. Now its staff turnover is about half the industry average
Nassetta shared some lessons from turning things around:Go top down and bottom up: “The top down is about making everybody in an organization feel like they’re part of something bigger…
Cloudflare CEO says Google is abusing its monopoly in search to feed its AI
In a conversation with Fortune on the MEO arena’s centre stage, he urged executives at Google parent Alphabet to pay website publishers for the content they need to train their…
Exclusive: DeFi founder who graduated Harvard at 18 raises $68 million for crypto trading protocol Lighter
“Pivot from crypto to AI” became a refrain in Silicon Valley after ChatGPT launched in 2022. Opportunistic founders looked to jump from one flagging hype cycle to the newer, shinier…
Anthropic says new $50B investment in data centers will create about 800 permanent jobs and 2,400 construction jobs
Artificial intelligence company Anthropic announced a $50 billion investment in computing infrastructure on Wednesday that will include new data centers in Texas and New York.Anthropic, maker of the chatbot Claude,…
‘The tariffs are a big tax increase’: Top bank crunches the numbers on how much Americans are paying for Trump’s trade regime
“Bust or boom?” That’s the big question at the heart of UBS’ big forecast for the U.S. economy for 2026 through 2028. But the team led by economist Jonathan Pingle…
Epstein email says Trump ‘knew about the girls’ as White House calls its release a Democratic smear
The emails made public Wednesday are part of a batch of 23,000 documents provided by Epstein’s estate to the Oversight Committee.Giuffre wrote that she was introduced to Trump by her…
The U.S. Mint ended production of the penny, citing cost savings and the coin’s fading relevance as its buying power—once enough for a snack or candy—has all but disappeared
“God bless America, and we’re going to save the taxpayers $56 million,” U.S. Treasurer Brandon Beach said just before hitting a button to strike the final penny.Pennies remain legal tender,…
How Cisco is leaning on recruiting and upskilling staff in the AI era—instead of mass layoffs
Internally, Cisco leaders are expected to pursue AI learning, in part because employees whose managers use AI are twice as likely to adopt it themselves, Scott McGuckin, Cisco’s global head…
Only one in 3 U.S. adults approve of the way Trump is managing the government, AP-NORC poll shows
Approval of the way President Donald Trump is managing the government has dropped sharply since early in his second term, according to a new AP-NORC poll, with much of the…
Older generations bash Gen Z for ‘doom spending.’ But experts say there’s a good reason why people splurge when they’re young
Housel is known for his bestseller The Psychology of Money, which dissects how people’s previous beliefs, behaviors, and emotions impact finances. Now, he’s unveiling the psychology behind spending in his…
