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The heiress of $10 billion Perdue Farms and the $12 billion Sheraton Hotels empire wore hand-me-downs, still rides the subway, and flies economy

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Richard Branson double-booked his own job interview. The candidate stuck in traffic with him for 2.5 hours is now Virgin's CEO

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Six months into the Iran war, the global economy has pulled off a ‘Mission Impossible’ scene, and the Trump family is among the winners

1

The heiress of $10 billion Perdue Farms and the $12 billion Sheraton Hotels empire wore hand-me-downs, still rides the subway, and flies economy

2

Richard Branson double-booked his own job interview. The candidate stuck in traffic with him for 2.5 hours is now Virgin's CEO

3

Six months into the Iran war, the global economy has pulled off a ‘Mission Impossible’ scene, and the Trump family is among the winners
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Shein CEO’s wealth slumps $15 billion after whittled-down IPO
Shein CEO’s wealth slumps $15 billion after whittled-down IPO

Shein is set to go public in Hong Kong on Tuesday at just over a quarter of the $100 billion it was worth in 2022.

By Dave Sebastian, Pui Gwen Yeung and BloombergAugust 30, 2026
It’s not just math and reading. Classroom devices deprive kids of skills needed in the AI future and how to be ‘fully human,’ education experts say
It’s not just math and reading. Classroom devices deprive kids of skills needed in the AI future and how to be ‘fully human,’ education experts say
By Jason MaAugust 30, 2026
SpaceX launches NASA’s newest crown-jewel telescope, which will look for ‘the weird, the rare and the unusual’ — including dark matter and energy
SpaceX launches NASA’s newest crown-jewel telescope, which will look for ‘the weird, the rare and the unusual’ — including dark matter and energy
By Marcia Dunn and The Associated PressAugust 30, 2026
Trump backlash adds new risks to the stocks the government owns
Trump backlash adds new risks to the stocks the government owns
By Norah Rami, Matthew Griffin and BloombergAugust 29, 2026
amy
Why the AI economy is like a bad dating app — drowning in decks, pilot purgatory — and it’s playing out like the dotcom bubble, except worse
By Nick LichtenbergAugust 30, 2026
With ‘virtual speed bumps,’ these cities have reduced crashes by rewarding slower drivers with fewer red lights
With ‘virtual speed bumps,’ these cities have reduced crashes by rewarding slower drivers with fewer red lights
By Jeff McMurray and The Associated PressAugust 29, 2026
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Big Tech
More in Big Tech
Forget GLP-1 stocks, baldness drugs are Wall Street’s next goldmine
Forget GLP-1 stocks, baldness drugs are Wall Street’s next goldmine

Pattern hair loss affects an estimated 50 million men and 30 million women in the US, but there have been no new approved drugs since the late 1990s.

By Avalon Pernell, Lisa Pham and BloombergAugust 29, 2026
Tech billionaires and executives like Evan Spiegel and Peter Thiel are publicly shielding their children from the products that made them rich

As governments race to restrict minors’ social media use, the tech billionaires who built the platforms are imposing strict screen limits at home.

By Marco Quiroz-GutierrezAugust 29, 2026
An 87-year-old American billionaire bought the first Ferrari Luce for $40 million, and the purchase could save him $13 million in taxes

Dr. Herbert A. Wertheim, an optometrist and philanthropist with a $4.8 billion net worth, bought the EV earlier this month. It had a presale estimated cost of $1.1 million.

By Sasha RogelbergAugust 28, 2026
Meta’s $17 billion teen safety settlement is really a 1% tax — and a play to box in TikTok and YouTube

The deeper lesson of is that product design, as a site of legal accountability, is a workable legal strategy.

By Carolina Rossini and The ConversationAugust 28, 2026
More in Big Tech
Startups & Venture
More in Startups & Venture
Woman in a blazer
Deloitte sees a $566 billion lunar economy by 2050

But a market that doesn’t exist yet could yield an even larger payoff.

By Amanda GerutAugust 28, 2026
Bridge founder Zach Abrams sees an opportunity for ‘tokenized local currencies’ across Asia

The Stripe-owned company sees potential in Asia, where trade-heavy economies need faster cross-border payment rails.

By Angelica AngAugust 28, 2026
Nvidia CFO says about half of its data center business comes from customers beyond hyperscalers

Other customer segments are growing faster than the cloud giants that once dominated Nvidia’s sales.

By Sheryl EstradaAugust 27, 2026
A consultant who once railed against ‘the billionaire boys club’ is now leading opposition to California’s wealth tax

Ned Wigglesworth once blasted big donors for buying influence. Today, he’s helping lead a nine-figure campaign against Prop. 40

By Mia OsmonbekovAugust 27, 2026
More in Startups & Venture
AI
More in AI
A man with a headset sits at a desk in a call center.
The AI boom hasn’t stopped U.S. companies from hiring cheap offshore labor, and overseas call center employment is still skyrocketing

“The technology that was supposed to shrink the industry is fueling its expansion,” said Apollo chief economist Torsten Slok.

By Sasha RogelbergAugust 29, 2026
ChatGPT said you’d lose your jobs right now — it’s more like 3% of workers

The nationally representative poll of 1,250 employed adults also found 6% landed AI-created roles and 9% got AI-linked promotions between 2023 and 2026.

By Jeffrey C. Dixon and The ConversationAugust 29, 2026
‘I’m in favor of taxes,’ says Nvidia’s Jensen Huang—but he doesn’t agree with Bill Gates on his plan to slow an AI fallout

“I love the heck out of Bill … but I don’t see what he sees,” Huang said.

By Eleanor PringleAugust 28, 2026
Judge: Pentagon punished Anthropic for ‘arrogance,’ and that’s illegal

Anthropic has also filed a separate and narrower case that is still pending in the federal appeals court in Washington, D.C. 

By Kaitlyn Huamani and The Associated PressAugust 28, 2026
More in AI
Innovation
More in Innovation
Anthropic makes first move into physical AI with new way for scientists, manufacturers to bring equipment to life
Anthropic makes first move into physical AI with new way for scientists, manufacturers to bring equipment to life

The Model Hardware Standard (MHS) works with any AI model, not just Claude, but for now only a handful of companies can access the research preview.

By Emily ForliniAugust 27, 2026
The Apollo missions brought us rechargeable hearing-aid batteries and quakeproof buildings. The European defense industry is now looking for its own ‘NASA moment’

Defense spending is resurrecting an engineering and manufacturing base many believed had gone forever, with the U.K., France and Germany home to world-leading defense companies.

By Kamal AhmedAugust 27, 2026
SpaceX says it’s building its largest spaceport yet, committing $100 billion for a Louisiana site—adding to its list of billion-dollar expansion plans

Louisiana is getting a taste of Musk’s big ideas as they get a part of the CEO’s billions-of-dollar-plans to bring humanity to space.

By Joshua HongAugust 27, 2026
David Tisch has always been a collector. His firm’s biggest prize is a $1 billion return on Cursor

How BoxGroup and David Tisch hit it big with a once-unlikely bet.

By Allie GarfinkleAugust 27, 2026
More in Innovation
Cybersecurity
More in Cybersecurity
Flock is going from the center of the surveillance debate to bipartisan target in record time
Flock is going from the center of the surveillance debate to bipartisan target in record time

Two Arizona cities cut ties with the license-plate reader camera company hours apart, as Senators Sanders and Hawley took aim from Washington.

By Catherina GioinoAugust 28, 2026
Scammers are hijacking tap-to-pay donations to turn a $20 gift into a $2,000 charge—here’s how to protect your money

As tap-to-pay makes street donations effortless, fraudsters are quietly inflating charges.

By Sydney LakeAugust 28, 2026
Grayscale CEO: Crypto winter has thawed—but market watchers are still missing the point

The CEO of Grayscale explains why the market volatility of the last 18 months barely matters in light of a broader sea change underway in finance.

By Peter MintzbergAugust 27, 2026
OpenAI bans pro-Russia ChatGPT accounts used to spread pro-Kremlin content including an Israel-based think tank using real researchers’ names

OpenAI claims Russian users hid behind VPNs to push a think tank tied to an influence operation and spread pro-Russia content online.

By Marco Quiroz-GutierrezAugust 27, 2026
More in Cybersecurity
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Warner Bros. axed ‘Coyote vs. Acme’ three years ago to take a tax write off. But it’s finally in theaters after a public outcry—and a box office hit
Arts & Entertainment
Warner Bros. axed ‘Coyote vs. Acme’ three years ago to take a tax write off. But it’s finally in theaters after a public outcry—and a box office hit
By Jake Coyle and The Associated PressAugust 30, 2026
Iran’s president admits ‘we have many problems’ and missiles ‘are of no use’ as the U.S. chokes its economy while weakening Tehran’s grip on Hormuz
Middle East
Iran’s president admits ‘we have many problems’ and missiles ‘are of no use’ as the U.S. chokes its economy while weakening Tehran’s grip on Hormuz
By Jason MaAugust 30, 2026
Battle for Hormuz: U.S. forces take first military action against Iran in a month, striking rocket launchers being used to deploy sea mines
Politics
Battle for Hormuz: U.S. forces take first military action against Iran in a month, striking rocket launchers being used to deploy sea mines
By Konstantin Toropin, Cara Anna, Ben Finley and The Associated PressAugust 30, 2026
Trump urges FCC to probe media polling, punish NBC moderator
Politics
Trump urges FCC to probe media polling, punish NBC moderator
By Jeff Mason and BloombergAugust 30, 2026
World mostly shrugs off Bessent’s ‘D-Day’ Iran sanctions threat
Politics
World mostly shrugs off Bessent’s ‘D-Day’ Iran sanctions threat
By Yash Roy, Patrick Sykes and BloombergAugust 30, 2026
Google Maps changes Lake Ontario label to Lake America in U.S.
North America
Google Maps changes Lake Ontario label to Lake America in U.S.
By Rachel Cohrs Zhang and BloombergAugust 30, 2026
‘I think they’re doing it to cling to power’ — Venezuelans bash their government’s deal handing over vast oil reserves to the U.S.
Energy
‘I think they’re doing it to cling to power’ — Venezuelans bash their government’s deal handing over vast oil reserves to the U.S.
By Collin Binkley, Juan Arraez and The Associated PressAugust 30, 2026
The official jobless rate is so low the Fed thinks the economy is at full employment. But a gauge of the ‘functionally unemployed’ keeps climbing
Economy
The official jobless rate is so low the Fed thinks the economy is at full employment. But a gauge of the ‘functionally unemployed’ keeps climbing
By Jason MaAugust 30, 2026
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Texas is the new capital of the Fortune 500—taking California’s crown
Economy
Texas is the new capital of the Fortune 500—taking California’s crown
By Jacqueline MunisJune 3, 2026
  • Sid Kosaraju, President, Crisis24 (confirmed) Jacob Silverman, Chief Executive Officer, Kroll (confirmed) (June 1 only) Moderator: Ruth Umo
    Conferences
    Grey rhinos, black swans, and the kidnapping of Nancy Guthrie: What Corporate America still gets wrong about risk
    By Nick LichtenbergJune 1, 2026
Who is Chris Olah? The atheist Anthropic cofounder the Pope chose to sit beside him at the Vatican and tell the tech industry it can’t govern itself
AI
Who is Chris Olah? The atheist Anthropic cofounder the Pope chose to sit beside him at the Vatican and tell the tech industry it can’t govern itself
By Marco Quiroz-GutierrezJune 3, 2026
Intel CEO Lip-Bu Tan.
Magazine
Intel’s new CEO cut management layers in half. The stock is up nearly 500%
By Jeff John RobertsJune 3, 2026
Apoha cofounders Anshika Srivastava (left) and Shamit Shrivastava.
AI
Exclusive: Apoha, a startup building AI models for creating new materials, emerges from stealth with $36 million in funding
By Jeremy KahnJune 3, 2026
Microsoft seeks to be AI’s center of gravity again. CEO Satya Nadella is in San Francisco to make the case
AI
Microsoft seeks to be AI’s center of gravity again. CEO Satya Nadella is in San Francisco to make the case
By Sebastian HerreraJune 2, 2026
coo
Conferences
The $18 expense report and the defunded intern programs: symbols of corporate America’s dysfunction
By Nick LichtenbergJune 2, 2026
  • gh
    AI
    The ‘godfather of AI’ says we’re not just creating new beings — they’ll be much smarter than us, and soon
    By Nick LichtenbergJune 1, 2026
Image of $1 bills.
Newsletters
AI may already be adding hundreds of billions to the economy—without showing up in the data
By Beatrice NolanJune 2, 2026
Young man looks sadly at computer at home
Future of Work
Mounting evidence suggests remote work is behind the Gen Z hiring nightmare. Even the New York Fed thinks so
By Tristan BoveJune 2, 2026
Jason Kidd
Conferences
Chipotle COO calls hiring one of the ‘most painful processes’—so his AI bot ‘Ava Cado’ cut it from 12 days to 4
By Preston ForeJune 2, 2026
Francine Katsoudas, EVP and Chief People, Policy and Purpose Officer, Cisco
Conferences
Should you treat AI agents as colleagues? Fortune 500 executives can’t settle the debate
By Nick LichtenbergJune 2, 2026
Mark Cuban put $500K into a stranger’s rocket company over email. It’s now a SpaceX competitor worth $4 billion
Startups & Venture
Mark Cuban put $500K into a stranger’s rocket company over email. It’s now a SpaceX competitor worth $4 billion
By Sydney LakeJune 2, 2026
  • ‘Nobody’s safe’: Cognizant projected 90% of jobs would be disrupted by 2032—but we’re beyond it 6 years early
    Conferences
    ‘Nobody’s safe’: Cognizant projected 90% of jobs would be disrupted by 2032—but we’re beyond it 6 years early
    By Preston ForeJune 1, 2026
t
AI
Trump killed his own AI order, then quietly signed another one weeks later
By Matt O'Brien and The Associated PressJune 2, 2026
Dan Helfrich, Chief Operating Officer, U.S. Soccer Federation
Conferences
U.S. Soccer is using AI to scout 70 million teenagers. The former consulting CEO running the federation calls it a ‘paradigm shift’ for the sport
By Nick LichtenbergJune 2, 2026
petersson
Conferences
Anthropic’s office launched an AI-run vending machine. It evolved into AI-run stores and cafes within a year
By Nick LichtenbergJune 2, 2026
‘We will fly again’: Blue Origin says rocket explosion spared vital launch pad parts
Innovation
‘We will fly again’: Blue Origin says rocket explosion spared vital launch pad parts
By The Associated Press and Marcia DunnJune 2, 2026
adc
Commentary
AI is turning workers into superhumans. Their leadership teams haven’t kept up
By Adrienne Down CoulsonJune 2, 2026
Andrew Yang speaks during a panel discussion in New York
Startups & Venture
Andrew Yang’s upstart cell phone business acquires Helium Mobile
By Jack KubinecJune 2, 2026
dario
Startups & Venture
Top analyst sees ‘opening of the floodgates for the IPO market’ after Anthropic’s filing as dotcom bubble comparisons fly
By Matt O'Brien and The Associated PressJune 2, 2026
pope
Crypto
The Pope quoted Gandalf, called AI a Tower of Babel, and Gen Z atheists can’t get enough
By Krysta Fauria and The Associated PressJune 2, 2026
dario
Newsletters
Anthropic’s confidential S-1 signals summer AI IPO race could heat up fast
By Allie GarfinkleJune 2, 2026
Macy's collage
Magazine
An AI overhaul at Macy’s is fueling the 168-year-old retailer’s turnaround
By Phil WahbaJune 2, 2026
Jensen Huang, chief executive officer of Nvidia Corp
AI
Jensen Huang says he pays Nvidia staff ‘as much as possible’ in bid to share the wealth from AI boom
By Eleanor PringleJune 2, 2026
Daniela Amodei, co-founder and president of Anthropic, in San Francisco, California on May 9, 2024. (Photo: David Paul Morris/Bloomberg/Getty Images)
Newsletters
Anthropic’s IPO is no longer just a rumor
By Andrew NuscaJune 2, 2026
Trump tells Netanyahu, ‘You’re f—ing crazy’ and Wall Street sees it as a sign he’s losing patience with the war and wants it done
Investing
Trump tells Netanyahu, ‘You’re f—ing crazy’ and Wall Street sees it as a sign he’s losing patience with the war and wants it done
By Jim EdwardsJune 2, 2026
liaquat
Commentary
I won a Pulitzer for explaining the Great Depression. The AI spending boom terrifies me
By Liaquat AhamedJune 2, 2026
Jeff Bezos has a 25-year-old hack for stress—and it has nothing to do with your workload or a bad job market.  ‘People get stress wrong all the time’
Success
Jeff Bezos has a 25-year-old hack for stress—and it has nothing to do with your workload or a bad job market. ‘People get stress wrong all the time’
By Orianna Rosa RoyleJune 2, 2026
SpaceX CEO Elon Musk
Investing
If S&P Dow Jones rewrites its listing rules, SpaceX and Anthropic will benefit—investors won’t
By Eva RoytburgJune 2, 2026
v
Conferences
Nike and U.S. soccer execs on the World Cup: 4 weeks of games, 4 years of prep, 6 years of jersey design
By Preston ForeJune 1, 2026
Ravi Kumar S.
Conferences
Cognizant CEO is swimming against the tide on AI: he’s hiring over 20,000 graduates this year and says AI tokenmaxxing is a ‘vanity metric’
By Preston ForeJune 1, 2026
tr
Conferences
The automation illusion: Why AI is making COOs’ jobs harder, not easier
By Nick LichtenbergJune 1, 2026
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The heiress of $10 billion Perdue Farms and the $12 billion Sheraton Hotels empire wore hand-me-downs, still rides the subway, and flies economyplaceholder alt text
By Emma BurleighAugust 30, 2026
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Richard Branson double-booked his own job interview. The candidate stuck in traffic with him for 2.5 hours is now Virgin's CEOplaceholder alt text
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Six months into the Iran war, the global economy has pulled off a ‘Mission Impossible’ scene, and the Trump family is among the winnersplaceholder alt text
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