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Business

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Old ways of working will not meet the challenges of the next economy

Old ways of working will not meet the challenges of the next economy

As the specter of a global economic downturn looms, we hear many CEOs struggling to articulate how they intend to “recession-proof” their companies — without abandoning their growth strategies. At a recent wealth At the Global Forum in New York, I had the opportunity to speak to fellow CEOs about forecasting what would be a turbulent year and to hear…
Ken Griffin: US in trouble if China seizes Taiwan semiconductor industry

Ken Griffin: US in trouble if China seizes Taiwan semiconductor industry

Citadel CEO Ken Griffin is concerned about America’s dependence on Taiwan’s semiconductor industry and that US restrictions on sales of advanced computer chips to China could make an invasion of Taiwan more tempting for Beijing. America is “totally and completely dependent on the Taiwanese for advanced semiconductors,” the billionaire hedge fund chief said at the Bloomberg New Economy Forum in…
The Modern Board: How hotel boards can positively impact the community

The Modern Board: How hotel boards can positively impact the community

On board the HMS beagle, a sailboat anchored off Puerto Ayora on Santa Cruz Island in the Galápagos Islands, high school chefs served up a three-course meal resembling fine dining. At the table, women from different organizations discussed life on the famous but remote archipelago, something most people don’t consider. Conversations focus mainly on the land and animals; However, social…
Why are there so many unlicensed marijuana stores in New York City?

Why are there so many unlicensed marijuana stores in New York City?

Eager, anxious, and frustrated, Yuri Krupitsky is waiting to see if he can open one of the first legal over-the-counter marijuana stores in upstate New York. He has filed a lengthy application to become one of about 900 hopefuls for a first round of 150 licenses, only to face fresh uncertainty from a court ruling last week. It temporarily prevents…
Biden is suing the Supreme Court for student loan forgiveness

Biden is suing the Supreme Court for student loan forgiveness

The Justice Department is asking the US Supreme Court to reinstate President Joe Biden’s federal student loan relief plan after two judges blocked it, saying it could take weeks or months to reach a final decision on it whether the widespread cancellation can continue. And while that’s good news for borrowers eligible for relief, most just want to know for…
Manchester United set to sue Cristiano Ronaldo for breach of contract: report

Manchester United set to sue Cristiano Ronaldo for breach of contract: report

“I feel betrayed,” Cristiano Ronaldo told Piers Morgan about his treatment by Manchester United, the giant club that Forbes ranked as the most valuable in England this year, behind only Real Madrid and Barcelona in the world. Apparently he’s not the only one. Manchester United plan to sue Ronaldo, one of the greatest footballers in the world and one of…
Qatar just spat in the face of Budweiser’s $75 million World Cup sponsorship

Qatar just spat in the face of Budweiser’s $75 million World Cup sponsorship

For many sports fans, going to a game and drinking a beer go hand in hand. AB InBev’s Budweiser is aware of this and spends approximately $75 million every four years to become the official beer sponsor of the World Cup. But now, in a stunning reversal just before kick-off on Sunday, host country Qatar – a Muslim-majority nation that…
Fortune MPW Next Gen: Creating a Continuous Learning Culture

Fortune MPW Next Gen: Creating a Continuous Learning Culture

Gerren is a Walmart employee who has struggled with her education. After graduating from high school, Gerren began taking college courses while employed as a front-line worker. But debt, work demands, and the pressure to make ends meet always took precedence over her education. Gerren’s college experience was very much a start-stop cycle. She eventually began to believe that advanced…
Barclays and Jaguar want to pick up Meta and Twitter offshoots to strengthen tech departments

Barclays and Jaguar want to pick up Meta and Twitter offshoots to strengthen tech departments

If you’re a Twitter software developer and you’re looking to change jobs, it might be time to move into a completely different industry. From banks to auto companies, other sectors outside of Silicon Valley have finally realized that digitization is revolutionizing every aspect of their business. Investment bank Barclays, for example, is hoping for talented Twitter employees, according to its…
Taylor Swift Eras tickets: Bots helped fuel presale fiasco, says Ticketmaster’s largest shareholder

Taylor Swift Eras tickets: Bots helped fuel presale fiasco, says Ticketmaster’s largest shareholder

Taylor Swift fans were at war with bots to get their hands on coveted tickets to the singer’s Eras tour, a major Ticketmaster shareholder has revealed. Ticketmaster was forced to cancel its general ticket sales for Swift’s 2023 Eras tour on Thursday, citing “extraordinarily high demand” during the presale. Advance sales for the 52 shows began Tuesday for “verified” fans…
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