Honda reported Tuesday a 42% drop in profit for the nine months through December, compared to a year earlier, as U.S. President Donald Trump’s tariffs hurt the Japanese automaker’s earnings. Tokyo-based Honda Motor Co.’s profit over the three quarters totaled 465.4 billion…
Good morning. Kyndryl Holdings is the latest Fortune 500 company to face an accounting and internal control review, prompting a delay in its filings. The tech company, formerly IBM’s managed IT services business, disclosed on Monday that its audit committee…
Early in his career, Will Lawrence worked on the product team at Facebook focused on anti-money laundering. The former PayPal president David Marcus had been brought in to help kickstart the payments initiatives company-wide, including through WhatsApp launches in India…
Laurie Ann Goldman, who helped turn Spanx into a global powerhouse as CEO before moving on to run Avon and Tupperware, is now CEO of Audien Hearing. In an exclusive interview with Fortune ahead of today’s announcement, the veteran brand builder talked about her plans to scale the over-the-counter (OTC) hearing aid brand,…
Passionate AI fans saved an overly agreeable ChatGPT model from the trash bin once, but now OpenAI is determined to shut it down, and users are revolting in part because of the new model’s comparatively cold personality The AI company…
Asia remains the world’s fastest-growing region—and its momentum shows little sign of slowing. According to 2025 McKinsey estimates, the region is set to contribute as much as 40% of global growth by 2040. “That growth trajectory is going to continue,”…
In a move that signals the next phase of the artificial intelligence boom, Emanate, an AI startup focused on the gritty reality of America’s industrial supply chain, has emerged from stealth. Backed by venture capital heavyweight Andreessen Horowitz (a16z) and…
If you bet money on last night’s Super Bowl, one self-made billionaire said there might be a lesson there. Jenny Just, cofounder of financial services firm PEAK6 Investments, is a believer that gambling (specifically at the poker table) is a…
Defense spending is “growing everywhere” says Thales International CEO Pascale Sourisse, amid a global boom in the arms industry spurred by geopolitical tensions. Arms spending in 2024 reached an unprecedented $2.7 trillion in 2024, according to the Stockholm International Peace…
As the search for Nancy Guthrie extends into a second week, more details are emerging about an alleged ransom note demanding a crypto payment. A local Arizona TV station, KGUN9, reported that the alleged kidnappers have demanded $6 million in…