Author: Daniel Hughes
Half (51%) of the manager positions (vp and above) within the U.S. are ladies. Globally, it’s 48%. Girls additionally make up practically half of the board and 50% of CEO Tony Capuano’s direct reviews. That’s in stark distinction with the market common. Per McKinsey’s 2024 “Women in the Workplace” report, ladies maintain simply 29% of C-suite roles and 34% of vp positions. The Convention Board discovered that ladies accounted for less than 29% of board seats at the Russell 3000 as of 2024. One thing totally different is going on at Marriott, an honoree on this 12 months’s Fortune Best…
Cybersecurity consultants are warning that OpenAI’s new browser, ChatGPT Atlas, could possibly be weak to malicious assaults that would flip AI assistants towards customers, probably stealing delicate information and even draining their financial institution accounts. The AI firm launched Atlas on Tuesday, with the objective of introducing an AI browser that may ultimately assist customers execute duties throughout the web in addition to seek for solutions. Somebody planning a visit, for instance, may additionally use Atlas to seek for concepts, plan an itinerary, after which ask it to e-book flights and lodging immediately. ChatGPT Atlas has a number of new…
When Steve Jobs wanted glass screens for the primary iPhone in 2007, he didn’t simply place an order with Corning. He challenged its CEO to confront his personal fears about not with the ability to produce sufficient. Wendell Weeks, who has led the 175-year-old glass and supplies science firm for 20 years, just lately recounted the pivotal dialog that helped outline Apple’s most profitable product. Speaking on Fortune‘s “Leadership Next” podcast with hosts Diane Brady and Kristin Stoller, Weeks revealed how Jobs manipulated him into taking over what appeared like an unattainable activity. The story started after Weeks initially pitched…
Good morning. Geoff Colvin in for Diane at present. Is AI enabling the financial system to develop with none want for brand new jobs? If that occurs, what sort of world will we face? It’s a query that’s prime of thoughts for leaders given current occasions.Not too long ago, Goldman Sachs printed an analysis titled “Jobless Progress,” noting the present odd sample of the U.S. financial system rising strongly whereas jobs improve solely slowly. The Goldman analysts aren’t extremists like, say, legendary enterprise capitalist Vinod Khosla, who says AI will automate 80% of all jobs by 2030. Nonetheless, they see…
President Donald Trump’s commerce offers are unlawful, Piper Sandler flatly declares in a brand new analysis be aware. The funding financial institution analyzed ongoing court docket battles and legislative authority, and concluded that Trump’s reliance on the Worldwide Emergency Financial Powers Act (IEEPA) to impose wide-ranging tariffs and reduce bilateral offers far exceeds the powers granted by Congress.It’s not a brand new opinion from Piper, essentially—the financial institution laid out its reasoning in April, shortly after Trump’s “Liberation Day” announcement of common tariffs underneath the IEEPA. Then, as now, it sees a 9–0 ruling within the Supreme Courtroom in opposition…
“American exceptionalism” has meant various things at completely different cut-off dates. At coronary heart, the assumption that there’s one thing distinct and distinctive about America goes again a whole lot of years, arguably to the Puritans of the Massachusetts colony who believed their “city upon a hill” was a type of mannequin society for the world. This idea was revived all through the years, notably by President Ronald Reagan within the Eighties as he, together with Margaret Thatcher, superior a particular model of “free market capitalism.” The exceptional efficiency of U.S. inventory markets popping out of the pandemic has been…
Some have been born to steer. However many are simply “accidental managers.” Take, Dustin Moskovitz. The millennial co-founded Facebook together with his Harvard roommate, Mark Zuckerberg, and went on to change into the corporate’s first CTO earlier than leaving to discovered Asana, a undertaking administration platform, in 2008. Once more, Moskovitz led the startup (this time as CEO), taking the corporate public in September 2020 and rising it into the $3.4 billion big it’s right now, earlier than stepping down earlier this 12 months. However now, wanting again, he admits the highest job was by no means actually for him. “I simply…
Oil costs are their lowest for the reason that pandemic, revenues are falling, and income are shrinking, however some frackers and oilfield gamers are out of the blue thriving within the inventory market as they put money into energy technology for information facilities and trip the AI wave. Liberty Power—the fracking firm cofounded by U.S. Power Secretary Chris Wright—noticed its inventory soar 30% after asserting on October 17 it will greater than double its deliberate energy technology capability for information facilities. Halliburton’s inventory is up about 15% this month since revealing its 20% possession stake in VoltaGrid and its plans…
Residents of Peru’s capital noticed extra troopers and police patrolling the streets on Wednesday, the primary day of a state of emergency decreed by newly sworn in President Jose Jeri in an effort to reign in crime.
The Trump administration slapped sanctions on two of Russia’s largest oil firms Wednesday, citing the nation’s “lack of great dedication” to ending its struggle on Ukraine.