Lou Gerstner, the former CEO of IBM, has died at 83. James Leynse/Corbis via Getty Images Lou Gerstner, who led IBM's turnaround in the 1990s, has died, the company told staff. He kept IBM intact and ...
Trump said the US could reimburse American oil companies for expanding operations in Venezuela. Doug Mills/The New York Times/Getty Images Trump said the US may reimburse oil firms for expanding opera...
Rich Passer will begin trading at his new firm with $50 million in assets. Mecox Capital Partners Mecox Capital Partners is a new $50 million hedge fund focused on options trading. Peter Borish, a fou...
Many leaders I spoke with took non-traditional paths to their current jobs. gradyreese/Getty Images/iStockphoto I spoke to around 80 executives in 2025, over 30 of whom worked at Fortune 500 companies...
A $400,000 lobster shipment was stolen en route to Costco stores in Illinois and Minnesota. LAUREN OWENS LAMBERT/REUTERS A $400,000 lobster shipment was stolen en route to Costco stores in Illinois an...
The American economy is tipping away from low-wage workers once again. PATRICK T. FALLON/AFP via Getty Images The K-shaped economy has returned, with gaps widening between high and low-income American...
Warren Buffett, the CEO of Berkshire Hathaway, is retiring at the end of this year. Kevin Dietsch/Getty Images R360's Barbara Goodstein says Berkshire Hathaway's coming shake-up is an opportunity for ...
Smartphone prices are expected to increase in 2026 due to RAM shortage caused by AI boom. PixelsEffect/Getty Images Smartphone prices may rise in 2026 due to increased demand for RAM in AI data center...
📋 Key Facts ✓ Powerball jackpot estimated at $1.6 billion, fifth-largest in US history. ✓ Payout options: Annuity over 30 years or lump...
Thailand is one of the countries with an expected tourist tax increase in 2026. Planet One Images/Universal Images Group via Getty Images Several destinations plan to raise or introduce tourism taxes ...
Vasyl Dolmatov/Getty Images Bonus season at the nation's largest banks is starting today, led by Morgan Stanley. Year-end bonuses are expected to be big and rise across almost every business line. Her...
Nearly 30% of Japan's population is 65 or older, and many still work. Francesco Riccardo Iacomino/Getty Images Japan has adapted to an aging workforce with government support and job programs. Nearly ...
GM said it would record about $6 billion in fourth-quarter charges tied to scaling back EV plans in the US. REBECCA COOK/Reuters GM says it will take a $6 billion hit tied to scaling back its EV strat...
StorageCafe analyzed dozens of big US cities to see how much downsizing would pay off. Getty Images Downsizing homes saves a homeowner about $200,000 over 10 years on average, says StorageCafe. Southe...
Tim Fung is the founder and CEO of Airtasker, a gig work app based in Australia. Airtasker Gig work underwent major changes with the rise of automation and increased competition in 2025. Tim Fung, CEO...
Wall Street CEOs Jamie Dimon, Jane Fraser, and David Solomon. AP Bank CEOs have praised the epochal efficiency changes promised by AI. But what does efficiency mean for employees? Does it mean fewer j...
ATG cofounders Dillon Erb and Daniel Kobran. Autonomous Technologies Group ATG cofounders Dillon Erb and Daniel Kobran raised $15 million to build an AI wealth strategist. Y Combinator CEO Garry Tan l...
📋 Key Facts ✓ 74% increase in foreign takeovers of British companies in 2025 ✓ Record-breaking year for international acquisitions in U...
The World Economic Forum says AI will reshape work by 2030 — and only one future avoids major worker displacement. APHOTOGRAFIA/Getty Images The WEF outlines four AI job futures for 2030, warnin...
Mehdi Paryavi, CEO of the International Data Center Authority, says overusing AI may make workers look more productive while quietly eroding the confidence and thinking skills their careers depend on....