Tesla stock hits record high as Trump-fueled rally rolls on
Shares in the electric vehicle giant have risen roughly 70% since Trump’s victory on Nov. 5 and nearly tripled since late April. Read More]
Business News
NFL allows Miami Dolphins and Buffalo Bills to add private equity owners
Diverse group of investors set to buy Buffalo Bills Read More]
Melinda French Gates will donate $150 million toward women in the workplace—and one-third of it will go to AI
Roughly a third of the donations will go toward supporting women in STEM and AI. Read More]
With General Motors pulling the plug on Cruise, every American automaker except Tesla has called it quits on robotaxis
Automakers like Ford Motors and Volkswagen had also once made big, billion-dollar bets on the future of ridehail—only to walk back those plans later. Read More]
Morals and human-level judgement are among the things that AI tech cannot do, experts say
A trio of AI experts and technologists discussed where humans have it over on AI during Fortune’s Brainstorm AI conference in San Francisco. Read More]
BNY CEO identifies ‘megatrends’ expected to boost bank’s profits
BNY crossed $50 trillion in assets under custody and administration earlier this year, and is trying to expand on its reputation as a global financial infrastructure provider. Read More]
Inflection’s CEO talks about rebuilding a startup, AI ‘in dialogue with the planet,’ and working with Trump
Sean White was tapped by Reid Hoffman earlier this year to take over as CEO of Inflection, after co-founders and most of the staff were hired by Microsoft. Read More]
JPMorgan CEO of consumer & community banking, Marianne Lake, shared 3 bank rules that ‘worry’ her
The logo of JP Morgan bank is pictured at the new French headquarters of the bank on June 29, 2021 in Paris. The CEO of JPMorgan Chase’s consumer & community… Read More »JPMorgan CEO of consumer & community banking, Marianne Lake, shared 3 bank rules that ‘worry’ her
Dillard’s is an 86-year-old department store chain—and its stock has beaten Tesla, Apple, and Microsoft over the past four years. Here’s how they did it
It’s almost unknown outside the South, but Dillard’s has thrived where Macy’s, Nordstrom, and Kohl’s have stumbled. Read More]
Rich boomers refusing to retire are throwing a wrench into the $84 million Great Wealth Transfer, HSBC warns
Entrepreneurs aren’t looking to let go of power and are delaying retirement over fears about their legacy. Read More]