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Southeast Asia gets hit by the dealmaking slump, with a 39% drop in private equity deal value in 2023American Airlines CEO fired top exec after controversial ‘modern retailing’ strategy infuriated corporate clientsAmerican Airlines rocked by racial discrimination suit after Black passengers forced off planeA 35-year-old Chinese man has been tagged as the alleged mastermind behind a gargantuan botnet used to steal billions from zombie computersDrunk, unruly teenagers are taking over the Jersey Shore—and the solution is leaving police baffled and dividedEconomic optimism belongs to the wealthy and, for some mysterious reason, the young, new data showsApple is getting a once-in-a-decade secret weapon in AI-enabled ‘intelliphones.’ Bank of America sees its stock surging 20%Abercrombie’s blowout comeback isn’t just a harbinger of an early-aughts craze—it’s leading the renaissance for iconic mall-based brandsA British sci-fi writer correctly predicted almost everything about modern living, from AI to remote work, 60 years ago: ‘Men will no longer commute, they will communicate’Home insurers paid out a staggering $100 billion last year, the most catastrophic financial wrecking ball in over a decade‘How can you tell me it won’t lead to stagflation?’ Jamie Dimon says ‘extraordinary’ government spending has him bracing for high inflation and unemploymentWhy SAP’s CTO made scale a strategy for generative AIA 500-year-old postal service that lost $450m last year has been bought by a Czech billionaire—it’s ‘as British as it gets’ and customers are worried it signals the end of an eraAs the EV market cools, the oil industry scorches with $250 billion in high-stakes deals and mass consolidation: ‘The bigger the company is, the more money they make’Boeing’s ongoing CEO search led to a $150M-plus potential payday for Carrier chiefOzempic and Wegovy are so hard to find that a startup invented a free tool for tracking whether the viral drugs are in stockChief economist defies Fed’s hawkish pivot; no rate hikes this year despite ‘dramatic turnaround’AI will make coding skills more, not less, valuable—and it’s more important than ever for children to learn themCostco’s new CEO reveals his winning strategy to steer the legacy retail brand into its next era: ‘We can’t become arrogant’Why are rivers in Alaska turning orange?Giant pandas are returning to Washington, D.C.’s National Zoo thanks to a surprise new deal with China’s governmentWracked with ‘goals dysmorphia,’ the vast majority of Americans don’t think they will ever be financially successful—and being a millionaire is no longer the end gameElon Musk offers factory tours in attempt to win record-breaking pay packageSam Altman’s reputation gets dragged further into the mud10% of Medicare beneficiaries have a claim denied. Here’s how to appeal a decisionFormer OpenAI board member reveals why Sam Altman was fired in bombshell interview—‘we learned about ChatGPT on Twitter’How the 100 biggest U.S. companies have changed their DEI messagingGermany’s aging population is dragging on its economy—all of Europe will soon be affected, and it’s only going to get worseWhat’s it like to take over the CEO job from a company founder? Lyft’s David Risher can answer thatThis bank tested 90 uses for AI before choosing the top 2—and they benefit customer service and productivityFormer FTX executive Ryan Salame is not pleased with his prison sentenceAn Expedia exec agreed to take the job ‘nobody wanted.’ That helped her become CEOI’ve read over 100 AI requests for proposals from major companies. Here’s the matrix of guardrails and obligations that is emergingSummer slackers are plaguing bosses everywhere but better flexibility may be the solutionTrump’s hush money case heading to jury deliberations after marathon day of closing arguments—from trying to ‘hoodwink’ voters to the ‘GLOAT’Exclusive: Insurance provider Authentic has raised $11 million in Series A fundingBillionaire plans submarine dive to Titanic wreck despite OceanGate implosion that killed 5 last year—he wants to prove the ocean can be ‘wonderful and enjoyable’Inflation’s persistence is killing hope for a Fed rate cut in 2024: ‘This is about stuff that happened in 2021. You cannot go back and change that’SAP’s CFO says AI is becoming a ‘winner takes it all game’ due to large corporations’ data advantage—and BlackRock’s bond guru agreesHacktivist attacks on Europe have doubled since 2023, top EU cybersecurity official says: ‘This is part of the Russian war of aggression’Uber gears up for Paris Olympics by offering free cruises across the Seine and discounts to ease the load on public transport networksSilicon Valley startups are invading the military marketThe U.K.’s stats body faced a strike after trying to end remote work—now it’s dealing with a 20% staff exodusHow Waymo outlasted the competition and made robo-taxis a real businessSanofi’s CEO is giving OpenAI access to its data in the hope of developing drugs more quicklyThe future is a state of mind: What it takes to build a future-ready companyMalaysia’s prime minister touts the country as a ‘neutral and non-aligned’ home for chip companies amid U.S.-China tensionsU.S. is letting independent Cuban entrepreneurs open and access American bank accounts to boost private enterprise on islandOnly copy of Wu-Tang Clan’s unreleased ‘Once Upon a Time in Shaolin’—once bought for $2m by ‘Pharma Bro’ Martin Shkreli—is heading to an Australian museumTexas can’t catch a break as new storm kills teenager, uproots trees, rips off roofs and leaves 1 million without electricityDanish energy giant Orsted will pay New Jersey $125 million for scrapping 2 planned offshore wind farms last yearParis hosted a giant picnic for over 4,000 people on the iconic Champs-Élysées as it tries to attract local customers ahead of the OlympicsBrexit border controls mean the world’s largest food awards will no longer be judged only in the U.K.
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