Business

Airbnb’s Brian Chesky Declares Pure People Managers Face Extinction in AI Era
Brian Chesky didn't mince words. The Airbnb chief executive told listeners on a popular podcast that two groups of workers stand little chance as artificial intelligence resh...
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Swiss National Bank Quietly Builds $174 Billion U.S. Equity Stake as Franc Strength Persists
The Swiss National Bank disclosed that its holdings of U.S. stocks climbed to $173.8 billion at the end of the first quarter. The figure, revealed in a routine filing with th...
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Bank of England Restarts Payments to Treasury After Years of Losses
The Bank of England has decided to send money back to the UK government for the first time since the pandemic struck. This marks a quiet but telling shift. After half a decad...
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Citi’s Costly Talent Raid: Vis Raghavan Bets Big on Star Bankers to Climb Wall Street Ranks
Citi wants more. Not just any rainmakers. The best ones. And according to its investment banking chief, the bank can have them.Viswas "Vis" Raghavan made that clear th...
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AI’s Insatiable Appetite for Power Reshapes Global Energy Priorities
The numbers tell a stark story. Global data center electricity consumption jumped 17 percent in 2025. AI-focused facilities grew even faster. Meanwhile overall world electric...
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CEOs Face Binary AI Choice: Slash Staff or Pile on the Work
Business leaders insist artificial intelligence leaves them with just two paths forward. Cut headcount to capture savings. Or hold staff steady and demand far higher output....
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AI Takes Hold in Finance and Operations: Seven Features Delivering Results Today
Finance and operations teams no longer wait for AI to arrive. They use it now. Tools embedded in systems like Microsoft Dynamics 365 handle tasks that once consumed hours or...
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Ryan Cohen’s eBay Ban: How GameStop’s CEO Turned Socks and Carpet Squares Into Takeover Theater
Ryan Cohen listed a pair of dirty socks on eBay. Bids climbed past $14,000. He added a square of old GameStop carpet. A mug. Some store signs. Each came with a signed copy of...
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Verizon’s Latest Job Cuts Signal Persistent Telecom Trim as AI Gains Ground
Verizon confirmed another round of layoffs this week. Hundreds of workers lost positions. The move comes just months after the carrier eliminated more than 13,000 jobs in its...
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Google Lets Candidates Bring AI to Interviews: Inside the Pilot Reshaping Tech Hiring
Google is changing how it hires software engineers. The search giant has begun a pilot that lets job candidates use an approved AI assistant during technical interviews. The...
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Texts That Won’t Vanish: What the Musk-Altman Trial Reveals About Tech’s Written Record
Sam Altman wanted his job back. Mira Murati kept saying no.The exchange stretched over two days in November 2023. Altman pressed for a meeting with OpenAI's board. Mur...
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Fed’s Hammack Warns of Entrenched Inflationary Thinking as Rate Cuts Fade
Beth Hammack hears it from business leaders across Ohio. An inflationary mindset now risks taking root. The Cleveland Fed president voiced that worry Thursday at the Ohio CEO...
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Deutsche Bank Rejects Former Trader’s Claim It Taught Market Manipulation
James Vorley once traded precious metals for Deutsche Bank in London. Now he sits convicted of fraud in the United States. And he wants the German lender to pay him £12 milli...
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Bezos Recalls Buffett’s Blunt Truth: Why Patience Remains the Rarest Edge in Business and Investing
Jeff Bezos once sat down with Warren Buffett and posed a question that has puzzled many observers of the famed investor. Why don't more people simply copy your strategy? The...
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Musk’s Stand in Oakland Courtroom Exposes Cracks in OpenAI’s Founding Story
OAKLAND, Calif. — Elon Musk sat in the witness chair. His voice carried the familiar mix of certainty and urgency. Over two days he laid out a simple accusation. OpenAI had b...
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