As AI spells doom for white-collar jobs, Klarna CEO Sebastian Siemiatkowski is providing a transparent look at how his company is shrinking its workforce in real time. While about 40% of employers expect to cut their workforces in response to…
Warner Bros. will reopen takeover talks with Paramount Skydance after receiving a seven-day waiver to do so from its preferred bidder, Netflix. Warner Bros. said in a regulatory filing Tuesday that the waiver will allow it to discuss unresolved “deficiencies”…
Trust has fast become one of the central questions in every serious conversation about AI. Not capabilities. Not efficiency. Trust. If customers don’t trust how companies deploy AI, they’ll walk away. If employees don’t trust it, they’ll disengage. If enterprises…
Miss the pandemic era of working from home? Give it a decade or two, and it’s set to be the norm again. That’s because, although baby boomer and Gen X bosses may be winning the return-to-office war right now, new…
Good morning. FedEx is kicking off what CFO John Dietrich calls a “new era of value creation,” dialing back big capital spending and doubling down on its network, data, AI, and tighter financial discipline to hit its 2029 goals. At…
One could argue that last week’s surprisingly robust jobs report has made Jerome Powell’s job harder, as it defies the narrative economists had widely believed when it came to the slowing pace of the economy. On the other hand, some…
Good morning. Americans love their loyalty points. Almost three-quarters of them use a credit card that lets them earn rewards. And the income generated from issuing those points is critically important to many players in the Fortune 500, especially airlines,…
The way we teach students, from classroom structures to teaching methods and standardized instruction, has not changed much over human history. Despite schools, colleges and mass education becoming more important for social cohesion and economic development than ever, teaching has…
Former U.S. President Barack Obama said he did not see evidence that aliens “have made contact with us,” after sending social media abuzz by saying aliens were real on a podcast over the weekend. During a lightning round of questions with…
Emerald Fennell’s bold reimagining of “Wuthering Heights” brought crowds of women to movie theaters this weekend. The Warner Bros. release topped the box office charts and nabbed the title for the year’s biggest opening with $34.8 million in ticket sales in its first three…