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Why a shift in market environment may make an ‘accident’ more likely
Markets are returning to the traditional relationship between stocks and volatility that leaves markets more prone to an accident, according to one market observer.MarketWatch - Business -
3 Hard Questions Every CEO Should Ask About Their Workforce
Here are the difficult but necessary questions that will keep executives from losing sleep at night.Inc. - Business -
Prosus Taps iFood's Fabricio Bloisi as New Chief
Prosus and South African parent Naspers named Fabricio Bloisi as group CEO, replacing interim boss Ervin Tu, who will become president and chief investment officer.The Wall Street Journal - Business -
Tesla must climb ‘Mount Everest’ to win shareholder vote, chair warns
FT Exclusive: Robyn Denholm outlines stakes for carmaker and says the idea she is too close to Elon Musk is ‘crap’Financial Times - Business - Tesla -
After Adobe collapse, Figma deal allows employees to sell shares at $12.5 billion valuation
Figma on Thursday announced a tender offer that will allow current and former employees to sell shares at a valuation of $12.5 billion.CNBC - Business -
‘I was hospitalized due to blood poisoning from a feral cat bite — and the copay wiped out my savings’: Should I cash out my $12,000 life-insurance policy?
“I am now in my 50s and have no family. I have no children and no siblings left.”MarketWatch - Business -
Shares of Cartier owner Richemont climb on record full-year sales, new CEO
Shares of Swiss luxury group Richemont climbed as much as 6.3% Friday after it reported record full-year sales even as Asia Pacific spending waned.CNBC - Business -
Apple Apologized for Its 'Crush' Ad. Steve Jobs Would be So Disappointed
Has Apple's rebel identity gone soft?Inc. - Business - Apple -
Walmart Posts Sales Growth, Raises Earnings Outlook for the Year
In the U.S., more people shopped at Walmart and bought more products, but the average amount spent per visit was flat compared with the same quarter last year.The Wall Street Journal - Business -
Long-end bond yields edge higher ahead of comments by Fed’s Waller
Bond yields edged higher at the long end on Friday as investors awaited comments from Federal Reserve policymakers.MarketWatch - Business -
With 17 Simple Words, Walmart CEO Doug McMillon Just Taught a Profound Lesson in Emotional Intelligence
A ton of research agrees with him about the best way to escape negative thinking.Inc. - Business -
Affluent consumers are creating a ‘bubble’ at Walmart, warns retailer’s former U.S. CEO Bill Simon
Walmart may just be a pit stop for high-income consumers.CNBC - Business -
Boeing Supplier Spirit AeroSystems to Lay Off Hundreds
The parts maker said it would cut 400-450 jobs in response to a slowdown in production at Boeing.The Wall Street Journal - Business -
Delaware, Inc agonises about Musk backlash as its lawyers seek changes
About two-thirds of US companies are incorporated in the small, mid-Atlantic stateFinancial Times - Business - Elon Musk -
There’s more good news on inflation. Americans may have a hard time believing it.
Purchasing power for the average household actually increased from 2019 to 2023, a government report found. But higher earners are still coming out on top.MarketWatch - Business -
How Your Brand Can Win Over Gen Z With Marketing
They aren't the tech-obsessed teeny-boppers many of us remember. Gen Z is like nothing marketers have ever seen before.Inc. - Business -
Trump lawyer yells at Michael Cohen in cross-examination over call about Stormy Daniels
Donald Trump is charged in the case with falsifying business records related to a hush money payment Michael Cohen made to porn star Stormy Daniels.CNBC - Business - Donald Trump -
Walmart Stock Hits Record Close on Strong Quarter
The largest U.S. retailer had robust quarterly results and an upbeat outlook, giving insight into how consumers are weathering high interest rates.The New York Times - Business -
U.S. Attorney General Begins Formal Process to Reschedule Marijuana
The proposed rule would move the drug to a Schedule III classification, making it accessible with a medical prescription.The Wall Street Journal - Business -
‘Real Housewives’ star Sonja Morgan is auctioning off her N.Y. townhome—no reserve
“Real Housewives of New York” star Sonja Morgan is preparing to auction off her Upper East Side townhome after trying to sell it for over 10 years.MarketWatch - Business -
3 Weird Tips to Get Better Outcomes From Your AI Chatbot
Don't just take the first answer. How to push your LLM to do better.Inc. - Business -
Former Facebook and Nike diversity manager gets 5 years in prison for $5 million fraud
Barbara Furlow-Smiles, a Georgia resident who was a diversity manager for Facebook and Nike, was ordered to pay restitution for her theft scheme.CNBC - Business -
U.A.W. Effort to Organize Mercedes Workers in Alabama Has High Stakes
Southern political leaders say a win for the United Automobile Workers would threaten their economies. Activists want to strike a blow against a system they say exploits the poor.The New York Times - Business -
In Quest for Metals, U.S. Pitches Deal to Ease Sanctions on Israeli Businessman
Mining magnate Dan Gertler, whom the U.S. has accused of corruption, would sell his assets in the African country under a proposal that could make it easier for Western companies to access valuable minerals there.The Wall Street Journal - Business - Israel -
The stylish, coupe-like 2025 BMW X6 SUV—a niche model worth serious consideration
The 2025 BMW X6 puts a coupe-styled roof on a midsize luxury SUV’s foundations, then adds extra poise and equipment.MarketWatch - Business -
Some A.I. Companies Face a New Accusation: ‘Open Washing’
An accusation against some A.I. companies that they are using the “open source” label too loosely.The New York Times - Business -
Happy Employees, Happy Customers: The Key to Unlocking Exceptional Service
Before you can have happy, satisfied customers, you have to provide employees with the tools they need to deliver five-star service.Inc. - Business -
FDA approves Amgen's treatment for most deadly form of lung cancer
The FDA cleared the Amgen drug, called Imdelltra, as a treatment for patients with advanced small-cell lung cancer.CNBC - Business - FDA -
Under Armour to Slash Jobs, Warns of Revenue Drop
CEO Kevin Plank said the sportswear brand has tried to do “too much of too much” and will focus on selling fewer products on discounts.The Wall Street Journal - Business -
ECB’s Schnabel lobbies against back-to-back rate cuts
European Central Bank board member Isabel Schnabel pushed back on the idea of back-to-back interest rate cuts, saying inflation risks are still tilted to the upside.MarketWatch - Business -
How Online Shopping Is Evolving in a World Without Cookies
Replacing third-party cookies with other types of data that drive personalized interactions is a sure-fire way to win customers.Inc. - Business -
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Reddit soars after announcing OpenAI deal that allows use of its data for training AI models
OpenAI and Reddit announced a partnership that will allow the ChatGPT maker to train its artificial intelligence models on Reddit content.CNBC - Business -
How Media Outlets Are Covering Michael Cohen’s Testimony
Conservative outlets have painted Mr. Cohen as a traitor to the conservative cause, while liberal organizations focused on what he said he did for Donald J. Trump.The New York Times - Business -
Chinese Regulator Flags Synopsys Acquisition of Ansys
The chip software maker disclosed in a regulatory filing that China’s State Administration for Market Regulation took the position that Synopsys must have the tie-up cleared by regulators before it can go forward.The Wall Street Journal - Business -
Pier opens for Gaza aid as US warns of ‘imminent famine’
Humanitarian groups say US maritime initiative is insufficient amid acute food shortagesFinancial Times - Business -
Chinese EV maker Xpeng aims to deliver its first flying car in 2026
Xpeng AeroHT, introduced the Land Aircraft Carrier, a large truck with a detachable flying two-seater passenger electric drone inside.CNBC - Business -
Citron Research’s Andrew Left says he is shorting GameStop again after his 2021 short flopped
The short seller said he has started betting against GameStop this week after its share price surged on excitement over social media posts by Roaring KittyMarketWatch - Business -
Lawmakers Fear A Wave of Election Threats Tied to the Rise of Generative AI
Some small businesses are stepping up to help protect ballot boxes and preserve faith in the electoral process.Inc. - Business -
Inside NPR, New Editing Layer Adds Angst Among Employees
Many employees have expressed concern that a new group of six editors called the Backstop will be unnecessary and slow down NPR’s journalism.The New York Times - Business