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The markets are starting to realize just how hawkish the Fed is–and reckoning with higher-for-longer interest ratesWeight-loss injectables like Zepbound are making as big of a splash as Viagra, if not bigger. What you need to know about the ‘miracle drugs’Adobe says its war on deepfakes could help combat the fake Taylor Swift porn problemNetflix’s Reed Hastings didn’t just give a whopping 20% of his net worth to charity with a massive $1.1 billion donation—there’s a major tax considerationRemote work rebellion: SAP’s RTO push prompts 5,000 employees to sign letter saying they ‘feel betrayed’Disney’s suit against DeSantis just got tossed out of courtMark Zuckerberg just stood up in congress and apologized to the families of teens victimized on social mediaBillionaire Ken Griffin explains why it was ‘heartbreaking’ to see BYD leapfrog Tesla in the EV race: ‘We’ve got a real competitor in China’Shaq looks for his next slam dunk in education by investing in a community college startup—and says none other than Jeff Bezos inspired himTaylor Swift is nearly as big a deal (economically) to your city as hosting the Super Bowl, BofA saysIf child safety policies ‘were working, we wouldn’t be here today,’ senators tell Zuckerberg, Yaccarino and other CEOs in hours-long hearingThe Great Resignation is officially done—and so are all those big raises, stark new data showsThe uncomfortable truth about AI’s impact on the workforce is playing out inside the big AI companies themselvesFed likely won’t be cutting interest rates soon, it signals in new FOMC statementUniversal’s fury will have a major impact on TikTok, depriving it of some of the world’s most popular musicAmazon CEO says companies must strike the right balance between infrastructure and AI investmentThis niche asset class outperformed hedge funds by almost 35% in 2023—and it’s ready to hit the mainstreamGroup led by Carlyle’s David Rubenstein, a Baltimore native, agrees to buy the Orioles for more than $1.7 billionKetamine therapy for mental health a ‘wild West’ for doctors and patientsFrom ‘life force energy’ canisters to ‘medbeds,’ online health conspiracy theories are creating a new age of unproven treatmentsWalmart wants you, yes you, to get into its stock with its first stock split since 1999Goldman’s Jim Esposito to retire after nearly 3 decades: ‘Sometimes you have to pause to acknowledge the chapters you’ve written’Meta, TikTok, other social media CEOs testify before Senate committee on child exploitation: ‘Constant pursuit of engagement and profit over basic safety’N. Scott Momaday, Pulitzer winner and giant of Native American literature, dies at Santa Fe home at 89 years oldTether still has nearly $5 billion in loans despite pledging to reduce exposure to zeroNewly hired Black workers face greater scrutiny from their bosses, study findsBiden to visit Ohio town devastated by fiery train crash that displaced thousands and left even more worried about toxic poisoningTrump wants to rip union support away from Biden as he sets Teamsters summit, urges UAW to dump Shawn FainNew Mexico’s 50-year plan to squeeze out every last drop of water prompts Google deal to locate leaky pipesCalifornia salmon boosters say Gavin Newsom’s ‘smoke and mirrors’ can’t hide the fact there’s just not enough waterSongs by Taylor Swift, Drake, Adele and more get yanked off TikTok after licensing deal lapses with UniversalThe fight against greenwashing starts with AI. Here’s whyReview: In ‘Read Write Own,’ venture capitalist Chris Dixon makes a serious case for crypto in wake of FTX debacleElon Musk and Bob Iger top the list of America’s most overrated CEOs as ranked by their peersThe new leadership retreat: taking psychedelics with your CEOIs DeFi infrastructure? A new proposal is asking Treasury to take a nuanced approachGrayscale ‘fought the law and won’ to help get Bitcoin ETFs approved. So why did billions of dollars pour out of GBTC?Cecile Richards fights for abortion rights with chatbot Charley as she battles brain cancer‘Never incorporate in Delaware’: Elon Musk sees his record-breaking $56 billion Tesla pay package voided by judge—and is now polling his followers over a possible Texas moveLeaders want strategic and critical thinking more than anything. Most of their workers don’t have itAI is reshaping financial forecasts and disclosure–and making language more important than everGermany is trialing a 4-day week like the U.K., U.S., and Portugal—but the country needs the opposite of a short week, senior economist saysManagers hoarding their best talent creates a problem for the whole companyThe death of Amazon’s iRobot deal has knock-down effects, as the unicorn corporate exit appears to be defunctNovo Nordisk hits $500B market value, climbing closer to the $1T club as it forecasts Wegovy and Ozempic will juice another 29% jump in profits this yearMicrosoft’s earnings reveal how the C-suite is adapting to AIShaq is joining Sam Altman in backing a $29 million community college startup aiming to slash degree costs: ‘Everyone should have access to world-class education’‘We are using all the tools we have’: Lina Khan’s FTC takes aim at Big Pharma’s ‘patent thickets’, arguing they keep old drugs too priceyThe talent conundrum: Managers may be tempted to hold on to their best employees, but that actually hurts the entire companyBusinesses are scrambling to appoint AI leaders—and CAIO compensation packages average well above $1 millionThe federal government is simultaneously investing in my startup–and crippling our business with a little-known tax code provision. Only Congress can save usShock CEO change at H&M sends shares plunging as profits fall short of estimates—but analysts ‘remain unconvinced’‘Black Swan’ author Nassim Taleb, who correctly called the 2008 financial crisis, says the U.S. is in a ‘death spiral’ over government debtRussian billionaire who sued Sotheby’s for helping dupe him out of over $160m for da Vinci’s ‘Lost Leonardo’ and other paintings loses art fraud caseTropicana Las Vegas, once known as the ‘Tiffany of the Strip’, will be demolished to make way for $1.5bn MLB stadium for Oakland A’sYou have to be ‘wealthy or lucky’ to buy a home in this housing market, says top economist Ali Wolf‘The office market has an existential crisis right now’: Billionaire Barry Sternlicht joins chorus warning of $1 trillion correction, but insists ‘nobody knows exactly where it all is’Utah’s governor signs bill making it the latest state to ban DEI programs on campus and in governmentApple hasn’t complied with a court order to open its App Store to allow outside payment options, Fortnite maker Epic Games tells judgeNew Jersey’s $5.8 billion casino industry’s ‘sky is falling’ moment arrives as state senate closes in on smoking banMedia mogul Byron Allen makes $14.3bn offer to buy CBS and Nickelodeon parent Paramount Global, one of the crown jewels of the Redstone empireA blizzard threatens to put a chill on the Lunar New Year holiday—and on Beijing’s hopes of boosting the economyApple, Microsoft, and Amazon rank as top 3 most admired companies in the world
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