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The NFL’s succession problem: Tax liabilities are so bad for billionaire families they’re considering a private equity hail maryWestern hedge funds that saw a killing in billions of Evergrande bonds stunned when government handed out 99% haircut instead, sources sayOver 4,000 workers have lost their jobs to AI since May, outplacement firm estimates—and that’s ‘certainly undercounting’Chinese tycoons have lost over $320 billion in 3 years, but the SharkNinja mogul who moved to the U.S. in 2017 just shot to $3.2 billionWest Virginia’s ex-billionaire governor is trying to stop a bank from auctioning off his resort property to recoup over $300 million of bad loansGoogle banishes Bard chatbot for AI rebrand as Gemini while Sundar Pichai and Satya Nadella each insist theirs is bestWith the whole world waiting for the Fed to cut rates, official says ‘history tells many stories of inflation head-fakes’Bo knows blackmail: Former baseball, football star Bo Jackson wins $21 million verdict against his own niece and nephewThe Boeing plane whose door blew off midflight was making a ‘whistling sound’ on a previous flight, amended complaint saysS&P 500 briefly tops 5,000 for first time everBiden angrily denies report questioning his memory, arguing he sat for questioning amid outbreak of crisis in GazaBiden is an ‘elderly man with a poor memory,’ special counsel report says, detailing ‘painfully slow’ conversationsFormer top TikTok executive sues company for allegedly requiring women to ‘remain quiet and humble at all times’Bob Iger is righting the ship at Disney, earnings reveal. Here’s how he’s doing itThe world’s top carmaker got mocked for rejecting EV hype—not anymore. ‘I want to congratulate Toyota’ ‘Disenfranchised’ millennials feel ‘locked out’ of the housing market and it taints every part of economic life, top economist Mark Zandi saysCoca-Cola is making a play for Gen Z with spicy soda. Here’s a look back at past bizarre flavors, including its apathetic bid for Gen XWhat Tim Cook and Apple knew that Elon Musk didn’t about executive compensation: It can be smart to take less moneyAlphabet’s Gemini AI rollout reveals the battle lines of the coming chatbot warsBoomers believe they don’t have enough money to retire. Signs point to them being, sadly, rightBosses are having a big problem measuring performance because traditional productivity metrics aren’t cutting itGenerative AI is increasingly being used to defraud businesses of big money and no one is preparedYoung adults set an earlier bedtime as they navigate economic fatigue, wellness trends, and a loneliness epidemicStar-studded Super Bowl ads are worth it because of the stars themselves promoting them on social media, says Uber CEO‘It seems like something from the far-off future, but this threat is already here’: FCC bans AI-generated robocallsStocks’ record highs persist as the S&P 500 flirts with hitting 5,000 for the first time ever8 out of 9 Supreme Court justices sound open to Trump lawyer’s arguments that he shouldn’t be kicked off the ballotLockdowns will be a drag on the economy for 40 years thanks to their impact on students, OECD saysArm lifts SoftBank—with AI’s helping handLeading senators express concern over crypto case in which SEC admitted to misleading statements: ‘Trust is undermined’What Exxon and Elon tell us about the ‘myth of the shareholder franchise’Burger King offers a chance to win a $1 million prize if customers can create the next successful Whopper ideaExxon is taking its shareholders to court as the anti-ESG backlash escalates into a civil war between the proponents of shareholder primacyAI is mixing up how liquor brands make and sell their spiritsThe plot to make Ethereum a security—and what happens nextExclusive: Mozilla names new CEO as it doubles down on data privacy How Jennifer Garner’s kids’ food brand Once Upon a Farm became a $100 million business that’s now eyeing an IPOBad news, graduates: LinkedIn says the hottest skill to have right now in 2024 can’t be learned in a textbookPrivate equity giant Carlyle bets on rainmakers cracking deal drought in new pay structure, w buy back up to $1.4 billion in stockMinnesotans can buy insulin for just $35 a month over the next 5 years under a state settlement with Eli LillyKansas lawmakers vote themselves 93% pay raises—to only $58,000 for rank-and-file state senatorsAfter Jerome Powell warns of ‘unsustainable’ $34 trillion national debt ‘growing faster than the economy,’ CBO projects record 116% of GDP by 2034Las Vegas gears up for the Super Bowl, from Guy Fieri’s free tailgate by the Strip’s Ferris Wheel to a sellout at the private jet parking lotBeware of the benefit trap: Cutting back programs can lead to a drop in employee loyalty and productivityElon Musk reportedly quizzed Tesla managers on which staff could be fired—the last time he did that it didn’t end well for Twitter employeesMeet Zillow rooms for rent: A Craigslist killer for the millennial and Gen Z set—and a symbol of the housing affordability crisisWhy Workday took more than a year and an unusual leadership model to transition in their new CEOBudget airline Ryanair offered to snap up extra Boeing aircraft after Alaska Airlines blowout—but now it says it is concerned about the quality after all78% of dealmakers say Sam Altman should be running OpenAI right nowExclusive: Stash’s new CFO says joining the $1.4 billion fintech firm is about having ‘real impact on folks across the country’Bob Iger is pushing Disney to be more dynamic, and Wall Street may finally be buying it: ‘I’d rather be a disrupter than disrupted’Novo Nordisk’s CEO says he’s fielding calls from ‘scared’ junk food suppliers asking for advice over Ozempic surgeVA Secretary: Returning to the office helps VeteransAmericans are traveling to Europe in record numbers but they’re not always welcome. Here’s what cities are doing to staunch overtourismGeorgia wants more than just a peach at the end of movie credits to keep dishing out lucrative tax breaksEV charging stations are turning into indoor lounges in San Francisco as companies look to prop up interest among flagging salesChilly relations with Beijing mean Mexico now exports more than China to the U.S. for the first time in over 20 years1 in 20 business owners have shut their doors due to the financial strain of divorce. Why their relationships fail, and how you can beat the oddsNow Republican states are backing child care spending, saying it can ease workforce shortages by helping parents go back to work: ‘Child care is a critical infrastructure’McKinsey puts 3,000 staffers on review, citing ‘concerns’ over performance as the recently frothy consulting business slowsSoftbank posts a $6.4 billion quarterly profit, its first in over a year, thanks to Arm, DoorDash and a surprise T-Mobile windfallThe 2024 election won’t be a referendum on ‘woke capitalism’
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