The Pentagon has begun releasing new files on UFOs, saying members of the public can draw their own conclusions on “unidentified anomalous phenomena.” Besides the Pentagon, the effort is led by the White House, the director of national intelligence, the Energy…
People who buy luxurious second homes in New York City, but live most of the year elsewhere, would have to pay a new tax on the properties under a tentative agreement — an initiative to appease Mayor Zohran Mamdani and liberal voters…
Good morning. This week, the U.S. Securities and Exchange Commission addressed a long-running debate on Wall Street: Are quarterly earnings reports helping investors—or fueling short-term earnings management? On Tuesday, the agency announced a proposed rule and form amendments that would allow…
People always ask what I did to get to where I am today. Nobody ever asks what I didn’t do. I’ve been sitting with that duality a lot lately. Because for every yes I’ve ever said — every obligation I…
Good morning. If you want to understand where global capital is flowing—and why—listen to Ron O’Hanley. As chairman and CEO of State Street, he leads a global financial institution that safeguards and services more than $54 trillion in client assets…
Bill McDermott’s time at the helm of ServiceNow has been nothing if not eventful. Months after he became CEO at the end of 2019, the COVID pandemic shut down the global economy; then in late 2022, ChatGPT kicked off an…
U.S. petroleum exports are rising to record highs amid the Iran war, and now a little-known developer will build a large oil-shipping hub deep in the middle of the Gulf of Mexico—but only with funding from the Trump administration and…
For anyone who’s despaired about the seeming decline in corporate values and responsibility so evident the past couple of months, Brainstorm 2002 was a welcome relief. For me, it’s a relief that it’s over. One thing I neglected to mention…
For many warm weather fruit lovers, the prospect of unlimited ripe and rosy peaches is mouth-watering. For Central California farmers, it’s more of a waking nightmare. To make ends meet, these farmers are now weighing whether to destroy about 3,000…
Iran has created a government agency to vet and tax vessels seeking passage through the crucial Strait of Hormuz, a shipping data company reported Thursday, as Tehran said it was reviewing the latest U.S. proposals for ending the war. The Iranian effort…