Goldman’s strategy guru says we’ve begun a rocky ‘post-modern’ cycle in the world economy—and AI could save the day from raging conflict, higher rates and surging deficits

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Peter Oppenheimer’s new book “Any Happy Returns” charts the multi-decade cycles we’ve just come through, and he previewed what’s up next for Fortune.

https://fortune.com/2024/02/06/higher-rates-surging-deficits-conflict-goldman-sachs-post-modern-economic-cycle/


Boeing’s problems go beyond 737 manufacturing gaffes as aerospace union workers prepare to demand 40% pay raise

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Boeing’s largest union, the International Association of Machinists and Aerospace Workers, is still smarting over a 2014 deal that sacrificed pensions, locked in minimal raises and tied the hands of activists for a decade.

https://fortune.com/2024/02/06/boeing-problems-737-manufacturing-gaffes-aerospace-union-workers-demand-40-percent-pay-raise/


BP investors send shares soaring as new CEO woos them with buyback boost to $1.75bn a quarter

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BP surged to a two-month high after accelerating share buybacks, as the company’s new boss sought to woo investors that have been skeptical of its clean-energy strategy.

https://fortune.com/europe/2024/02/06/bp-investors-send-shares-soaring-new-ceo-murray-auchincloss-woos-buyback-boost-looney/


Homeland Security and FAA double down in Las Vegas to stop Super Bowl from becoming hub for knockoff sports gear, human trafficking and illegal drones

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Investigators seized nearly $1 million worth of counterfeit merchandise from four locations just during the last weekend, Nevada Attorney General Aaron Ford said.

https://fortune.com/2024/02/06/homeland-security-faa-double-down-las-vegas-stop-super-bowl-knockoff-sports-gear-human-trafficking-illegal-drones/


Pennsylvania Capitol protest against state's $56 million investment in Israel bonds ends with 126 arrests

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The event was organized by Jewish Voice for Peace, the Philly Palestine Coalition and the Pennsylvania Council on American-Islamic Relations.

https://fortune.com/2024/02/06/pennsylvania-capitol-protest-against-56-million-investment-israel-bonds-126-arrests/


China's $7 trillion stock rout is getting so bad that officials are briefing President Xi Jinping on how they plan to rescue markets

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China- and Hong Kong-listed equities have lost $7 trillion in value since their peaks in 2021.

https://fortune.com/asia/2024/02/06/china-stock-rout-regulators-xi-jinping-brief-plans-rescue-markets/


L'Oréal just went there: Mandated Fridays in the office

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At least twice a month, employees of the French cosmetics giant need to head back to their cubicles right before the weekend.

https://fortune.com/europe/2024/02/05/loreal-return-to-office-fridays-mandate-remote-work/


Sleep loss more common among African Americans after police-involved killings of unarmed Black people like Eric Garner and Tamir Rice: Study

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“Discrimination can manifest in all sorts of ways, one of which is unequal exposure to police use of force,” the lead author on the study said. Poor sleep can raise "the lifetime risk of a number of diseases, as well as the risk of early death."

https://fortune.com/well/2024/02/05/sleep-loss-more-common-african-americans-after-police-killings-unarmed-black-people-eric-garner-tamir-rice/


New once-a-month Wegovy-like injectable shows lasting results in early study

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Patients given a monthly injection of the drug, dubbed MariTide, lost up to 14.5% of their body weight in just 12 weeks, according to a small, early-stage study published Monday in the journal Nature Metabolism.

https://fortune.com/well/2024/02/05/maritide-new-wegovy-like-weight-loss-injectable-monthly-early-results-study/


Las Vegas barely averts Super Bowl-crippling strike as hospitality workers reach deal with 7 hotel-casinos

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The NFL’s 58th championship game is expected to bring some 330,000 people to Las Vegas this week.

https://fortune.com/2024/02/05/las-vegas-super-bowl-strikes-hospitality-workers-union/


People are wearing Apple Vision Pro headsets while driving Teslas. Fuzzy distracted-driving laws suggest they can get away with it

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Most states have laws banning screens in the sight line of drivers, but many aren’t clear on internet and app use behind the wheel.

https://fortune.com/2024/02/05/apple-vision-pro-tesla-distracted-driving-laws/


Texas lawmaker who opposes giving $500 per month to 1,900 Houstonians sponsored a bill to save every homeowner $1,300 a year

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We just can't hand out money like popcorn on street corners to people that walk by," State Sen. Paul Bettencourt told Fox News.

https://fortune.com/2024/02/05/texas-republican-ubi-hand-out-money-like-popcorn-houston/


Disney on DeSantis legal battle: 'Significant harm' could come if trade secrets are made public

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The entertainment giant asked a Florida judge on Friday for a protective order allowing it to designate documents and depositions as confidential.

https://fortune.com/2024/02/05/disney-desantis-trade-secrets-confidential-protective-order/


British billionaire Lord Sugar rips remote work—while Zooming in from offsite. But he may have a point that it’s ‘bad for morale, bad for learning’

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In a remote interview, the host of the UK version of "The Apprenctice" said no one learns “sitting at home in your pajamas.”

https://fortune.com/europe/2024/02/05/british-billionaire-lord-sugar-remote-work-morale-learning-the-apprentice/


King Charles is being treated for cancer discovered in the course of 'routine' prostate treatment, and will step back from public duties

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Prince Harry has spoken to the king about the diagnosis and will travel to the UK from California to see his father in the coming days, according to reports.

https://fortune.com/europe/2024/02/05/king-charles-cancer-prostate/


After Jamie Dimon warns of market 'rebellion' against $34 trillion national debt, Jerome Powell says it’s past time for an ‘adult conversation’ about unsustainable fiscal policy

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Powell, who said he normally doesn’t comment on politics, criticized lawmakers for “effectively borrowing from future generations” with their “unsustainable” policies.

https://fortune.com/2024/02/05/national-debt-unsustainble-fed-chair-jerome-powell-jamie-dimon-ray-dalio-warn/


Looking to grow your data science skills? These are the things experts say to keep in mind

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With the release of Fortune’s 2024 best master’s in data science ranking, we asked experts tips for navigating the growing field.

https://fortune.com/education/articles/masters-in-data-science-expert-panel/


Tech valuations are at a 10-year low–but optimism should be at a 5-year high despite mass layoffs. Here’s why

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What to expect for the tech ecosystem next? I am hoping we come to think of 2024 as the first 'normal' year since 2019.

https://fortune.com/2024/02/05/tech-valuations-10-year-low-optimism-layoffs/


A secured credit card can be the helping hand you need to get back on track. Here’s what you  need to know

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A secured card can help you build credit when you need a hand. Here's what you need to know.

https://fortune.com/recommends/credit-cards/what-is-a-secured-credit-card-2/


Fed’s Powell pushes back against Corporate America’s RTO mandates,

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"We do see that it looks like it will be a persistent thing," the U.S. central bank governor told a weekly news program.

https://fortune.com/2024/02/05/federal-reserve-jerome-jay-powell-remote-work-wfh-rto-mandates/


Novo Nordisk CEO says he was 'surprised' to see the popularity of weight-loss drugs in Europe—and people's readiness to pay out-of-pocket for them

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"We wondered, was that only a U.S. phenomenon?" Novo Nordisk CEO Lars Fruergaard Jørgensen said on the demand for weight-loss drugs in Europe.

https://fortune.com/europe/2024/02/05/novo-nordisk-ceo-lars-fruergaard-jorgensen-surprised-weight-loss-wegovy-ozempic-europe-out-of-pocket/


Paris votes to triple SUV parking fees—but voter turnout reignites 'rigging' debate

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Only 5.5% of eligible voters turned out to triple the price of parking for non-Parisians driving SUVs in the city.

https://fortune.com/europe/2024/02/05/paris-vote-triple-suv-parking-fees/


Unemployed Gen Zers are having to turn work down because they can’t afford the commute and uniform, report shows

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After going through multiple interview rounds, impressing the hiring manager and landing the gig, Gen Zers are being forced to turn the role down because of the associated costs with starting a new job, new reseach shows.

https://fortune.com/europe/2024/02/05/unemployed-gen-z-turn-work-down-because-they-cant-afford-commute-uniform-report-cost-of-living-crisis/


Bill Gates and Jeff Bezos made a bet on mining start-up KoBold—now they've struck gold

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"We care enormously what the price of these commodities is in 2035 and we don’t care what it is in 2024.”

https://fortune.com/2024/02/05/bill-gates-jeff-bezos-jack-ma-breakthrough-energy-venture-kobold-metal-copper-deposit-discovery/


Medicare beneficiaries at high risk for severe COVID-19 received less treatment. A new study examines why

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A recently published study in the JAMA Health Forum of a cross-section of patients enrolled in Medicare in 2022, found that those at the highest risk for severe COVID-19 infection received COVID-19 therapy less often than those with the least risk. “We went into the study to find out why adoption of an effective COVID-19 […]

https://fortune.com/well/2024/02/05/medicare-beneficiaries-high-risk-covid-19-received-less-treatment/


Boeing warns that it’s found a new problem with misdrilled holes in 737 fuselages that could cause more delays

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The problem might delay deliveries of about 50 aircraft in the latest quality gaff to plague the manufacturer.

https://fortune.com/2024/02/05/boeing-warns-new-problem-misdrilled-holes-737-fuselages-delays/


Fed chair Powell says the Federal Reserve remains on track to cut interest rates 3 times this year

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Powell, in an interview recorded Thursday for the CBS news program “60 Minutes,” also said the nation's job market and economy are strong, with no sign of a recession on the horizon.

https://fortune.com/2024/02/05/fed-chair-jerome-powell-federal-reserve-on-track-cut-interest-rates-3-times-year/


Samsung's billionaire chairman can lead the company without the threat of jail time after a court acquits him of stock manipulation charges

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A Korean court acquitted Lee on charges of stock manipulation, which could have led to a five-year jail term and a $376,000 fine.

https://fortune.com/asia/2024/02/05/samsung-billionaire-chairman-jay-y-lee-acquitted-stock-manipulation-charges/


Toyota is crushing it with hybrid vehicles as Tesla's rough start to year hits net worth of Elon Musk, who dismissed them as a 'phase'

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Toyota doesn't need price cuts to prop up demand for its hybrids, which it can't make quickly enough.

https://fortune.com/2024/02/04/toyota-hybrids-surge-tesla-woes-hit-elon-musk/


How to watch or stream the 2024 Grammy Awards live online free without cable

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It’s going to be a big night for women.

https://fortune.com/2024/02/04/watch-stream-2024-grammy-awards-live-online-free-without-cable-what-channel-cbs/


Public health advocates urge action on menthol, applaud accomplishments like patient navigation as Biden administration celebrates 2-year anniversary of ‘cancer moonshot’

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Karen Knudsen, CEO of the American Cancer Society, lauds Cancer Moonshot’s achievements but says there is no “scientific rationale behind” delaying a menthol ban, adding that the proposed action has been “on the table for entirely too long.”

https://fortune.com/well/2024/02/04/cancer-moonshot-menthol-public-health-advocates-urge-action-laud-accomplisments-biden-administration-white-house/


Frustrated by the constraints of Earth, a team of California scientists took tumor research to space—and may have discovered a ‘kill switch for cancer’

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With the help of Axiom 3 astronauts on the International Space Station, a cancer "kill switch" drug may make it to clinical trials before year's end.

https://fortune.com/well/2024/02/04/axiom3-astronauts-california-researchers-battle-cancer-space-kill-switch-rebecsinib/


Donald Trump floats tariff of more than 60% on imports from China and denies it would start a trade war

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The Republican front-runner said that he “did great with China with everything” during his presidency.

https://fortune.com/2024/02/04/donald-trump-china-tariff-60-percent-imports-trade-war-election/


Your ‘made in China’ false eyelashes might have actually been made in North Korea: Report

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North Korea exported about 1,680 tons of false eyelashes, beards, and wigs to China last year.

https://fortune.com/asia/2024/02/04/your-made-in-china-false-eyelashes-might-have-actually-been-made-in-north-korea-report/


Chile fires that have destroyed 1,000 homes and caused an oil refinery shut-down were intentionally lit, says Valparaíso governor

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More than 50 people have been killed in the fires near the coastal city of Viña del Mar, and more than 300 are unaccounted for.

https://fortune.com/2024/02/04/chile-fires-intentionally-lit-says-valparaiso-governor/


Elon Musk took drugs with Tesla board members: Report

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Some directors felt pressured to consume drugs with the mercurial billionaire, reported the Wall Street Journal.

https://fortune.com/2024/02/04/elon-musk-took-drugs-with-tesla-board-members-report/


Taylor Swift can make it to the Super Bowl from her Tokyo concert to 'support the Chiefs,' Japan's embassy assures fans

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Swift should "comfortably arrive in Las Vegas" in time, the embassy said, to watch her boyfriend Travis Kelce play.

https://fortune.com/2024/02/04/taylor-swift-japan-nfl-super-bowl-travis-kelce-chiefs-49ers/


The longest, happiest marriages have these 5 defining traits

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Plus, how to foster these qualities in your marriage.

https://fortune.com/well/article/traits-longest-happiest-marriages/


Wee Cho Yaw, billionaire was one of the last of Singapore's 20th century banking giants, dies at 95

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Wee, who merged several old family-controlled banks, was one of the last of those born before World War II who dominated Singapore’s financial system.

https://fortune.com/2024/02/04/obituary-wee-cho-yaw-billionaire-singapore-united-overseas-bank/


Michael Jordan sneaker collection sells for record $8 million at auction, Sotheby's says

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The six Air Jordans — from the last games of the 1991, 1992, 1993, 1996, 1997 and 1998 championship series — sold Friday as the “Dynasty Collection.”

https://fortune.com/2024/02/04/michael-jordan-sneaker-collection-sells-auction-record-8-million-sothebys/


Could AI create a one-person unicorn? Sam Altman thinks so—and Silicon Valley sees the technology 'waiting for us'

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In September, Altman said his tech CEO friends' groupchat has a "betting pool for the first year that there is a one-person billion dollar company."

https://fortune.com/2024/02/04/sam-altman-one-person-unicorn-silicon-valley-founder-myth/


Forget inflation. The Red Sea shipping chaos could make your next fashion outfit just a couple weeks out of date

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Fast fashion retailers are about to resign their shipping contracts and terms. Already strained by expensive reroutes, they might have to pay hundreds more for each shipment.

https://fortune.com/2024/02/04/red-sea-shipping-chaos-fashion-inflation/


Meet a 23-year-old who’s making nearly $1 million online, teaching followers how to ‘manifest’ money out of sheer will

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Sarah Perl found her calling as a college sophomore, but quickly moved on from tarot cards. “Business found me,” she tells Fortune.

https://fortune.com/2024/02/04/what-is-manifesting-gen-z-spirituality-23-year-old-tiktok-almost-1-million-revenue/


2 generations, 1 corner office: 20 years separate Harris Poll co-CEOS, but millennial boss says there’s more common ground with boomers than you’d expect

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The Harris Poll's co-CEOs show a route to managing a multi-generational workforce in times of ever-increasing political and economic tensions.

https://fortune.com/2024/02/04/harris-polls-co-ceos-millennial-will-johnson-common-ground-with-boomers/


A top Chinese carmaker is launching satellites into low-Earth orbit for real-time communication anywhere—giving Elon Musk's SpaceX some company

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As competition in China’s auto market heats up, satellite communications are becoming an important selling point.

https://fortune.com/2024/02/03/elon-musk-spacex-china-rival-geespace-satellites-carmaker-geely/


WHO chief warns 'future generations may not forgive us' if pandemic treaty not agreed upon: 'There will be a next time'

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The treaty is "mission critical for humanity," the chief of the United Nations' public health agency said Saturday.

https://fortune.com/well/2024/02/03/pandemic-treaty-mission-critical-for-humanity-world-health-organization-chief-tedros-says-warwick-economic-summit/


Germany set for 14% drop in electric-vehicle sales as carmakers scale back ambitions and demand 'does not look good'

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EV adoption is slowing, plug-in hybrids are making a return from the sidelines, and BMW's CEO is feeling vindicated.

https://fortune.com/europe/2024/02/03/germany-electric-vehicle-sales-drop-carmakers-audi-vw-bmw/


Spotify signs reported $250 million Joe Rogan deal two years after CEO denounced podcast host’s racist language

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“I do not believe that silencing Joe is the answer," Spotify CEO Daniel Ek said in February 2022 amid controversy.

https://fortune.com/2024/02/03/spotify-joe-rogan-youtube-apple-podcasts/


Mark Zuckerberg's combat sports prompt Meta to warn investors of 'adverse impact' if he were to 'become unavailable for any reason'

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Meta noted its CEO engages in combat sports that "carry the risk of serious injury and death" in its annual report this week.

https://fortune.com/2024/02/03/mark-zuckerberg-combat-sports-meta-warning-investing-technology/


Miami's Hedge Fund Week is a January Coachella for 'Wall Street South' as Ja Rule headlines and Peter Thiel and Jared Kushner hold court

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Trump and Biden were both raising millions just blocks away from where the billionaires were gathering for Hedge Fund Week.

https://fortune.com/2024/02/03/miami-hedge-fund-week-wall-street-south-billionaires-conferences-fundraisers/


The huge tech and media layoffs are outliers: Blockbuster job growth show certain sectors overhired in pandemic

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The unemployment rate for workers in what the government calls the “information” sector jumped to 5.5% in January from 3.9% a year ago.

https://fortune.com/2024/02/03/why-tech-media-layoffs-growing-economy-jobs-report-boom/


As backcountry skiing takes off in the age of climate change, avalanche forecasters work overtime to save people's lives

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“I remember when I first started coming here I was cocky, like ‘It’s not going to happen to me,’” said Wesley Mlaskoch, whose snowmobile flipped on top of him.

https://fortune.com/2024/02/03/how-dangerous-backcountry-skiing-avalanche/


Cannabis is winning 'Dry January' as Gen Z mounts a buyers' strike on alcohol

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Almost 70% of Zoomers said they prefer cannabis to alcohol in one survey.

https://fortune.com/2024/02/03/dry-january-gen-z-millennials-cannabis/


The U.S. economy and stock market have shot past their developed peers. But can the streak of American exceptionalism last?

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American exceptionalism is a controversial topic, but the U.S. economy and stock market have certainly experienced something exceptional in recent years.

https://fortune.com/2024/02/03/american-exceptionalism-post-covid-economy-stock-market-outlook/


Millennial 'watchfluencer' on how the 'old boys' club' got disrupted by status-obsessed Gen Z: 'A lot more people know what wearing a Patek Philippe says about you'

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"They understand the value of watches," says Anish Bhatt, aka @watchanish. "They also understand the status that it gives them."

https://fortune.com/2024/02/03/gen-z-watches-rolex-luxury-instagram-mob-wife-influencer-watchfluencer/


Rent is going to fall, economists keep telling us—even Jerome Powell. So why hasn’t it, for over a year?

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Housing inflation has been slow to come down. Part of the problem is how the government measures it.

https://fortune.com/2024/02/03/why-is-rent-so-expensive-housing-shelter-inflation-economy/


The longest, happiest marriages have these 5 defining traits

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Plus, how to foster these qualities in your marriage.

https://fortune.com/well/article/traits-longest-happiest-marriages/


The 'beauty bubble' is real. Just ask the man who's been studying the link between being hot and making more money for 30 years

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“Intergenerational opportunity,” says economist Dan Hamermesh, is "the most important question in the social sciences.”

https://fortune.com/2024/02/03/attractiveness-pay-premium-pretty-privilege-economist-daniel-hamermes/


Gen Z’s spending on ‘caviar bumps’, luxury holidays and designer bags is being driven by housing market rebellion and influencer lifestyle envy

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“If I'm saving every single cent that I can to save towards a house, and you can't tell me in the next 10 years, if that's even attainable, what am I saving for?”

https://fortune.com/2024/02/03/housing-market-gen-z-spending-influencer-lifestyle-envy/


AI models are coming to fashion to promote diversity—but some industry insiders are concerned it will end up 'parodying it'

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“The entire point of diversity representation is to celebrate the authentic, the cultural, the unique and the ‘life’style,” one expert told Fortune.

https://fortune.com/europe/2024/02/03/lalaland-ai-fashion-e-commerce-promote-diversity-inclusion/


Tim Cook wants to make 'spatial computing' a household term with the premiere of Apple's new Vision Pro headset

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Apple is far from the only prominent technology company working on spatial computing products.

https://fortune.com/2024/02/02/tim-cook-apple-vision-pro-headset-spatial-computing/


Mark Zuckerberg's net worth just soared $28 billion in one day after Meta's shares went on a tear

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He's now worth $170.5 billion, the richest he’s ever been—more than even Bill Gates.

https://fortune.com/2024/02/02/mark-zuckerberg-net-worth-wealth-meta-stock-price/


Mother who called police on her own son for shoplifting shocked, appalled by use of 'unprovoked violence and use of force'

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The 14-year-old Vermont boy, who is Black and has behavioral and intellectual disabilities, didn't initially hand over all of the e-cigarettes he had stolen.

https://fortune.com/2024/02/02/vermont-police-14-year-old-boy-shoplifting-excessive-force-mother-called/


West Point can keep taking race into account in admissions—for now, Supreme Court order says

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The military academy was explicitly left out of the court’s decision in June that ended affirmative action almost everywhere in college admissions.

https://fortune.com/2024/02/02/west-point-affirmative-action-race-admission-supreme-court/


Trump's trial on plot to overturn election postponed so separate trial over hush money payments can go first

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Federal Judge Tanya Chutkan vacated the March 4 trial date in the case brought by special counsel Jack Smith but did not immediately set a new date.

https://fortune.com/2024/02/02/trump-trial-march-4-postponed-special-counsel-jack-smith-overturn-election/


Range Rover CEO, reeling from his vehicles being too easy to steal, calls for ‘national conversation’ about organized vehicle crime in the UK

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Jaguar Land Rover is “partly funding” police operations at ports, CEO Adrian Mardell says. It’s such a big issue for him he says tax cuts should wait.

https://fortune.com/europe/2024/02/02/range-rover-jlr-ceo-organized-vehicle-crime/


Turn your career around with one of these 6 Python bootcamps

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Bootcamps are intensive training programs specifically designed to provide participants with hands-on experience and practical skills that will make them attractive to potential employers.

https://fortune.com/education/articles/python-bootcamps/


Delta SkyMiles® Gold American Express review: The card for the occasional Delta flyer

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The Delta SkyMiles® Gold Amex can help Delta travelers save on checked bag fees while enjoying other travel-related protections and perks.

https://fortune.com/recommends/credit-cards/delta-skymiles-gold-american-express-review/


NFL tight end Mark Andrews assisted a critically ill passenger on board a plane. How to spot—and help during—a diabetic emergency

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Quick action and understanding of symptoms can be life-saving.

https://fortune.com/well/2024/02/02/mark-andrews-assist-passenger-diabetic-emergency/


Europe’s largest airline is getting into the landlord business because its new hires can’t find housing amid Dublin’s rent crisis

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"This accommodation, which is located one bus stop from Dublin Airport, will be rented at affordable rates to Ryanair cabin crew," a spokesperson told Fortune.

https://fortune.com/europe/2024/02/02/ryanair-landlord-ireland-housing-rent-crisis-cabin-pilot-new-hires-dublin/


Forget the Turing Test. AI needs to pass the Summer Camp Test before it can take over the world

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AI tools like ChatGPT are not all-powerful. Just ask any parent trying to get a head start on summer camp registration.

https://fortune.com/2024/02/02/forget-turing-test-ai-pass-summer-camp-test-take-over-tech/


Americans spend an average of $5,300 a year on wellness. From biohacking to walking retreats, here are the top 10 trends driving the market

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The global wellness economy will hit $8.5 trillion in 2027, as spending on self-care and longevity becomes a bigger business

https://fortune.com/well/2024/02/02/americans-spend-5300-wellness-biohacking-2024-tourism-longevity/


Scrub Daddy’s famous sponge was rejected by a Fortune 500 company and forgotten in a box for years. It’s now a $220 million empire

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Before the smiling Scrub Daddy sponge was a Shark Tank hit and staple in millions of American kitchens, it was rejected by 3M.

https://fortune.com/2024/02/02/scrub-daddy-founder-interview-shark-tank-success-story/


Computer science versus data science? How do they compare?

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Computer science and data science are closely related. How do they compare in reality?

https://fortune.com/education/articles/data-science-vs-computer-science/


What will the drug price negotiations between the government and Big Pharma mean for you?

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Discounted prices are coming, but not anytime soon.

https://fortune.com/well/2024/02/02/u-s-drug-price-negotiations-underway/


More tech startups are expected to IPO this year–but stock option decisions are becoming more complicated for their employees

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With company valuations having dropped significantly from their 2020 and 2021 heights, many employees may find themselves in previously rare situations.

https://fortune.com/2024/02/02/tech-startups-ipo-stock-option-decisions-employees-personal-finance/


Southwest Premier Card Review: Solid Card for Southwest Loyalists

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The Southwest Premier Card is a solid choice for people who prefer Southwest Airlines. Its earning power and benefits easily cover the card's annual fee.

https://fortune.com/recommends/credit-cards/southwest-premier-card-review/


Elon Musk has to recall nearly every Tesla sold in the U.S. because some warning lights are too small

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The recall of nearly 2.2 million vehicles by the NHTSA is a sign of stepped-up scrutiny of the electric vehicle maker.

https://fortune.com/2024/02/02/elon-musk-tesla-recall-2-2-million-vehicles-safety-lights-too-small/


‘Woke’ Gen Z men are actually more likely than baby boomers to believe feminism does more harm than good, research says

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According to the research, Gen Z men are feeling sidelined by feminism and turning to the controversial influencers like Andrew Tate to fill the “void”.

https://fortune.com/2024/02/02/woke-gen-z-men-more-likely-than-baby-boomers-believe-feminism-does-more-harm-than-good-research-says/


Elon Musk blasts judge that voided his $56 billion pay deal for being an activist and politician—'She has done more to damage Delaware than any judge in modern history'

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After judge Kathaleen McCormick refused to let Tesla pay Musk $56M in compensation, the tech mogul has taken aim against her on X.

https://fortune.com/2024/02/02/elon-musk-tesla-delaware-judge-kathaleen-mccormick-compensation-pay/


It’s so cold and snowy in Alaska that fuel oil is thickening and Anchorage told 1,000 businesses to vacate until snow is removed from their rooftops

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Anchorage surpassed 100 inches (2.5 meters) of snow this week, the earliest date the state's largest city has ever hit that mark.

https://fortune.com/2024/02/02/alaska-fuel-oil-thickening-anchorage-told-1000-businesses-vacate-snow-removed-rooftops/


Real estate brokerage Keller Williams will pay $70 million to settle inflated agent commission lawsuits nationwide

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The central claim in the lawsuits is that the country’s biggest real estate brokerages force homeowners to pay artificially inflated agent commissions when they sell their home.

https://fortune.com/2024/02/02/real-estate-brokerage-keller-williams-70-million-settle-inflated-agent-commission-lawsuits-nationwide/


German chancellor warns that right-wing AfD party's plan to 'Dexit' from the EU could be ‘the biggest destroyer of wealth that could ever happen'

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Germany's AfD party has been soaring in popularity—but some of its agendas, like a possible EU exit, could hurt the economy dearly.

https://fortune.com/europe/2024/02/02/german-chancellor-olaf-scholz-right-wing-afd-party-elections-dexit-eu-destroyer-wealth/


AI won't destroy jobs, just look at economic history, says BOE chief

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The Bank of England governor thinks AI works better with the help of humans than by itself.

https://fortune.com/europe/2024/02/02/ai-not-mass-destroyer-jobs-uk-central-bank-chief-andrew-bailey-economic-historian-economies-adapt/


Meta's paying dividends for the first time ever and it's meant a $700 million pay rise for Mark Zuckerberg

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The phrase "AI" was used more than 80 times by Meta staffers on the call, which has proved something of a sure-fire way to pique the interests of investors.

https://fortune.com/2024/02/02/meta-paying-dividends-first-time-zuckerber-payout/


Taylor Swift could get to the Super Bowl from Tokyo in time, but she might not be able to find parking for her private jet

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The four airports immediately around Las Vegas have about 475 parking spaces combined, said a spokesperson for the Clark County Department of Aviation.

https://fortune.com/2024/02/02/taylor-swift-super-bowl-tokyo-find-parking-private-jet/


China's BYD leads a charge of Chinese EV firms trying to get market share in the 'Detroit of Asia'

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It’s the latest country where China’s cheap electric cars are challenging established automakers, many of which were slow to embrace the EV transition.

https://fortune.com/asia/2024/02/02/chinese-ev-companies-byd-inroads-southeast-asia-market-share-thailand-detroit/


How your company could be tomorrow’s surprise GenAI leader

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The high costs of computing could take away Big Tech's advantages in the generative AI race.

https://fortune.com/2024/02/02/ai-genai-corporate-power-dynamics-leadership-bcg/


Toxic chemicals your grandparents were exposed to are likely affecting your health, new research claims. Here’s how it works

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"What we’re doing to ourselves in terms of exposure" is "having dramatic effects on subsequent generations," the leader researcher tells Fortune.

https://fortune.com/well/2024/02/02/how-toxic-chemical-exposure-grandparents-ancestors-affects-health-epigenome-obesity-prostate-kidney-disease-0ddt-fungicide-fuel/


Want to bet on Taylor Swift making it from Tokyo to the Super Bowl on time? Welcome to the online gambling-fueled world of 'prop bets'

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What is the first word Usher will say? Will Travis Kelce and Taylor Swift pop the question? You can put money on it.

https://fortune.com/2024/02/02/will-taylor-swift-make-it-to-super-bowl-from-tokyo-what-is-prop-bet/


Indiana poised to win a $15 billion chip packaging plant from South Korea's SK Hynix that could solve a major bottleneck in the U.S. supply chain

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The U.S. does not have enough chip packaging, meaning U.S. chipmakers need to send their products to Asia to be assembled.

https://fortune.com/asia/2024/02/02/indiana-sk-hynix-chip-packaging-plant/


Apple loses $84B in value after reporting weak sales in China, the 'most competitive smartphone market in the world'

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Apple's sales in Greater China, one of the company's most important markets, dropped by 13% last quarter.

https://fortune.com/asia/2024/02/02/apple-market-value-shares-greater-china-sales-decline-competition-huawei-honor/


WeightWatchers’ worst month ever—a stark reversal of 2023—wipes out obesity-drug gains

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Last month Eli Lilly and Co. launched an initiative to sell weight-loss drugs directly to the public, threatening a key growth area for WW.

https://fortune.com/well/2024/02/01/weight-watchers-january-worst-month-ever-obesity-drugs/


Computer programming: What it is and what you need to know to learn it

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Computer programming involves writing programs or instructions for a computer to follow using a programming language. Programmers can also pull in relatively good salaries, too.

https://fortune.com/education/articles/computer-programming-what-it-is-and-what-you-need-to-know-to-learn-it/


DeSantis tells Disney to 'move on' after it appeals Trump judge's dismissal of free speech lawsuit

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"Everyone knows the Legislature’s act was retaliatory toward Disney," said Rollins College professor Richard Foglesong. "It just wasn’t provable by legal standards.”

https://fortune.com/2024/02/01/disney-appeal-free-speech-lawsuit-dismissal-trump-judge-desantis/


Once-unstoppable consumers are finally tapping the brakes—and Adidas, Nike, and Puma are taking a beating from sinking sales

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“It's not like people are lining up everywhere to buy product," one CEO said.

https://fortune.com/2024/02/01/once-unstoppable-consumers-finally-tapping-brakes-adidas-nike-puma-taking-beating/


Elon Musk hates Delaware now. Here’s why millions of businesses love it

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"Delaware is the king of corporate law."

https://fortune.com/2024/02/01/elon-musk-hates-delaware-now-heres-why-millions-of-businesses-love-it/


Most American adults don't have enough savings to pay an emergency $1,000 expense

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Bankrate's Mark Hamrick tells Fortune that it's "disappointing because it is an indication that so many Americans are living paycheck to paycheck."

https://fortune.com/2024/02/01/emergency-1000-expense-most-americans-broke-debt-bankrate/


Luxury home prices are hitting all-time highs, too, and all-cash bids are driving up the market, Redfin finds

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“Luxury prices are rising at twice the rate of non-luxury prices largely because so many affluent buyers are able to buy homes in cash.”

https://fortune.com/2024/02/01/redfin-luxury-home-prices-all-cash-record-highs/


Warren Buffett said Ferrari is ‘in a special place’ 8 months ago. Now it’s nearing a $100B market value

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Buffett usually steers clear of automakers but has praised Ferrari, which reported surging profits Thursday.

https://fortune.com/2024/02/01/warren-buffett-ferrari-investing-luxury-carmaker-automotive/


Google cofounder Larry Page bought a private island for $32 million—it’s at least the 5th island he owns across the globe’s tropics

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The reclusive billionaire has quietly amassed holdings of several private islands spanning the Caribbean and the South Pacific.

https://fortune.com/2024/02/01/larry-page-private-island-cayo-norte-5/


Autoimmune diseases like lupus, MS, and rheumatoid arthritis strike far more women than men. Scientists now think they know why

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“This transforms the way we think about this whole process of autoimmunity, especially the male-female bias,” one immunologist said.

https://fortune.com/well/2024/02/01/why-are-autoimmune-diseases-more-common-women-than-men/


Is coding difficult to learn? It isn’t a cakewalk, but it can open up a near-six-figure career

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The prospect of learning to code can be intimidating, but it can open up lucrative career opportunities—and there are numerous ways to start building your knowledge base.

https://fortune.com/education/articles/is-coding-hard-to-learn/


Camp Lejeune water contamination tied to a range of cancers—from leukemia to thyroid—in troops and civilians alike, CDC study finds

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People who got sick after being at Camp Lejeune have accused the Marine Corps of failing to protect the health of its personnel and criticized the federal government for being slow to investigate.

https://fortune.com/well/2024/02/01/what-cancer-types-linked-camp-lejeune-marine-leukemia-lymphoma-breast-throat-lung-thyroid-esophagus/


Top strategist says a ‘surprise’ rate cut could be coming next month—and it’s because Trump is leading in the polls

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Société Générale’s Albert Edwards knows he’s in “tricky territory” discussing the role politics plays in Fed policy, but he has “a few observations” to share.

https://fortune.com/2024/02/01/when-will-federal-reserve-cut-interest-rates-biden-trump-election/


As Mark Cuban prepares to leave Shark Tank, here's how some of his investments have done

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He's had some big winners—and a loser or two.

https://fortune.com/2024/02/01/mark-cuban-leaving-shark-tank-investments/


First Netflix, now Disney+ and Hulu are banning password sharing

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Streaming service follows the path carved by Netflix.

https://fortune.com/2024/02/01/disney-hulu-espn-password-sharing-crackdown/


To help feed the world better, farmers turn to AI

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Agtech is considered one of the more benevolent applications of AI, given that it helps feed people and can shrink agriculture’s vast environmental footprint.

https://fortune.com/2024/02/01/ai-make-business-better-farming/


How I found myself at the center of a diversity row involving a national broadcaster, a regulator, and the U.K. government that shone a light on boardroom representation

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What it’s like to put yourself forward when you know the odds are stacked against you.

https://fortune.com/europe/2024/02/01/diversity-row-national-broadcaster-regulator-uk-government-boardroom-representation-channel4-leadership-rozina-breen/


Journalism's apocalyptic January ends with sudden shutdown of The Messenger, throwing 300 more out of work

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After launching in May and spending some $50 million, The Messenger ended in a month that saw huge cuts to the LA Times, Business Insider and others.

https://fortune.com/2024/02/01/the-messenger-shuts-down-digital-media-startup-jimmy-finkelstein-january-journalism-layoffs/


After closing $9 million round, Delegate Labs announces Clusters, a service to connect crypto wallets across chains

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Clusters is a cross-chain, multi-wallet name service that allows users to manage digital assets in a unified place.

https://fortune.com/crypto/2024/02/01/delegate-labs-9-million-round-clusters-connecting-crypto-wallets/


Elon Musk heightens campaign against Delaware after shareholder tally: 'The public vote is unequivocally in favor of Texas!'

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"Never incorporate your company in the state of Delaware," he wrote after the shock Chancery Court ruling that could strip of world's richest man status.

https://fortune.com/2024/02/01/elon-musk-delaware-reincorporate-texas-shareholder-vote-compensation-package/


Whistleblower says Zuckerberg grilling was just Capitol Hill talk: 'They know how much harm teens are experiencing, yet they won’t commit to reducing it'

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Arturo Béjar, a former Meta engineer, says "They have the infrastructure to do it, the research, the people, it is a matter of prioritization.”

https://fortune.com/2024/02/01/social-media-senate-hearing-mark-zuckerberg-facebook-whistleblower-families/


Big Delta Amex credit card changes (improved companion certs, increased annual fees and more)

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Big changes coming to the Delta Amex suite of credit cards. Here's what you need to know.

https://fortune.com/recommends/credit-cards/delta-amex-credit-card-changes/


Cathie Wood’s ARK Invest predicts waning EV sales will balloon, hitting 74 million cars annually by the end of the decade

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The Tesla bull anticipates global volumes to soar by a third on average every year thanks to tumbling prices for batteries, even as one EV maker loses a key pillar of support.

https://fortune.com/2024/02/01/cathie-wood-ark-invest-electric-vehicles-tesla-byd-polestar-volvo/


Musk pushing ahead with Tesla move to Texas after receiving a big 'yes' on X poll

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"Tesla will move immediately to hold a shareholder vote to transfer state of incorporation to Texas," said the CEO on X.

https://fortune.com/2024/02/01/elon-musk-pay-package-tesla-shareholders-vote-on-texas-incorporation/


Alzheimer's disease may be transmissible, some experts say—but only in rare, unusual circumstances. Here’s how

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Incredibly rare and exotic prion diseases hold uncomfortable similarities with other neurodegenerative conditions we’ve become so accustomed to. Here's why.

https://fortune.com/well/2024/02/01/is-alzheimers-disease-infectious-rarely-procedures-prion-disease/


A BYD-only showroom is coming to Berlin as carmaker targets German rivals

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The showroom is one of several launching across Germany as part of BYD's mission to steal market share from native rivals.

https://fortune.com/europe/2024/02/01/german-dealership-byd-showroom-berlin-tesla-killer-presence-europe/


Shou Zi Chew, CEO of ByteDance-owned TikTok, had to confront claims about ties to China in the U.S. Senate

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TikTok's CEO faced repeated questions about his nationality in a U.S. Senate hearing on online child safety.

https://fortune.com/asia/2024/02/01/tiktok-ceo-shou-zi-chew-senate-tom-cotton-senator-im-singaporean/


The WHO warns that cancer rates will jump 75% to hit 35 million cases by 2050

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The World Health Organization's International Agency for Research on Cancer projects 35 million global cancer cases annually by 2050.

https://fortune.com/well/2024/02/01/global-cancer-rates-rise-world-health-organization-aging-alcohol/


Booming stocks and cooling inflation have convinced 35% of Americans the economy is going well

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The new poll puts Biden's approval rating at 38%, which is roughly where that number has stood for most of the past two years.

https://fortune.com/2024/02/01/joe-biden-us-ecomony-poll/


House passes $79bn bill to increase child tax credits and boost three key tax breaks for business

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For a House that has struggled to get bills of consequence over the finish line, the tax legislation could represent a rare breakthrough.

https://fortune.com/2024/02/01/house-passes-79bn-bill-increase-child-tax-credits-boost-three-key-tax-breaks-business/


EBay will pay $59m settlement over pill presses sold on the site—the kind used to make counterfeit pills laced with fentanyl

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EBay failed to verify buyers’ identities and keep records required by law, and many people who bought pill presses on eBay have been prosecuted in connection with trafficking illegal counterfeit pills, the Justice Department said.

https://fortune.com/2024/02/01/ebay-59m-settlement-pill-presses-sold-site-counterfeit-pills-laced-fentanyl-justice-department/


Why European farmers are taking their anger to the streets ahead of major EU summit

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The EU is now seen as the enemy for many, aloof in an ivory tower imposing bureaucratic rules on small-time farmers.

https://fortune.com/2024/02/01/european-farmers-protest-eu-summit/


ByteDance’s CEO is mad at his employees for missing the AI wave. He's the latest Chinese tech executive to fret about being too slow to adapt

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The company's CEO Liang Rubo said ByteDance was "not sensitive enough to external changes" like the rise of ChatGPT.

https://fortune.com/asia/2024/02/01/bytedance-ceo-liang-rubo-memo-to-employees-missed-ai-wave-tencent-pony-ma-alibaba-jd/


The markets are starting to realize just how hawkish the Fed is–and reckoning with higher-for-longer rates

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Sticky core inflation and new hawkish FOMC members could delay any interest rate cuts.

https://fortune.com/2024/01/31/markets-hawkish-fed-reckoning-higher-for-longer-interest-rates-economy/


Weight-loss injectables like Zepbound are making as big of a splash as Viagra, if not bigger. What you need to know about the 'miracle drugs'

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The success of these drugs has set off a boom in research: There are now more than 50 anti-obesity drugs in clinical development from about 40 companies.

https://fortune.com/well/2024/01/31/wegovy-zepbound-what-to-know-about-weight-loss-anti-diabetes-injectable-miracle-drugs/


Netflix's Reed Hastings didn't just give a whopping 20% of his net worth to charity with a massive $1.1 billion donation—there's a major tax consideration

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The Netflix co-founder gave 2 million shares to the Silicon Valley Community Foundation, a popular charity among tech billionaires.

https://fortune.com/2024/01/31/reed-hastings-netflix-charity-donation-1-1-billion/


Over 5,000 SAP employees sign letter saying they 'feel betrayed' by RTO orders after 'radical change in direction' away from remote work

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Europe’s largest software company outlined a new guidance in early January that will require employees globally to work in an office three days a week from April.

https://fortune.com/europe/2024/01/31/sap-remote-work-return-to-office-5000-employees-letter-betrayed-3-day-policy/


Disney's suit against DeSantis just got tossed out of court

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There is another lawsuit pending, though.

https://fortune.com/2024/01/31/disney-free-speech-lawsuit-desantis-dismissed-florida/


Billionaire Ken Griffin explains why it was 'heartbreaking' to see BYD leapfrog Tesla in the EV race: 'We've got a real competitor in China’

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The only way to hit California’s goal of no emission vehicles in the near term is buying Chinese, the Citadel founder said, a “really hard pill to swallow.”

https://fortune.com/2024/01/31/billionaire-ken-griffin-tesla-byd-leapfrog-elon-musk-electric-vehicles/


Shaq looks for his next slam dunk in education by investing in a community college startup—and says none other than Jeff Bezos inspired him

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The former professional basketball player said his investment in Campus is not about getting a “great return,” but rather changing people’s lives.

https://fortune.com/2024/01/31/shaq-investment-campus-inspiration-jeff-bezos/


Taylor Swift is nearly as big a deal (economically) to your city as hosting the Super Bowl, BofA says

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The bank calculates a $77 boost to restaurants and $56 to bars the night of the Eras tour, versus $96 and $74 for the Big Game.

https://fortune.com/2024/01/31/taylor-swift-super-bowl-bofa-funflation-revenge-spending-economic-impact/


Senators grill Mark Zuckerberg, Linda Yaccarino and other social media CEOs in hours long hearing over child safety policies. If they ‘were working we wouldn’t be here today’

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The CEOs of Meta, X, Tiktok, Snap, and Discord were summoned to Capitol Hill as senators prepare a set of bipartisan bills to rein in social media companies and lift their liability protections.

https://fortune.com/2024/01/31/senate-hearing-mark-zuckerberg-linda-yaccarino-social-media-child-safety/


Fed isn't yet ready to cut interest rate, it signals in new statement

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The Fed won't cut rates “until it has gained greater confidence that inflation is moving sustainably” toward 2%, it said.

https://fortune.com/2024/01/31/fed-interest-rate-higher-for-longer-january-30-2024/


Amazon CEO says companies investing in tech should bolster infrastructure before taking an AI deep dive

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Though it was clear at Davos that generative AI was top of mind for almost every CEO in attendance.

https://fortune.com/2024/01/31/leadership-next-amazon-andy-jassy/


This niche asset class outperformed hedge funds by almost 35% in 2023 — and it’s ready to hit the mainstream

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Last year’s best-performing asset class wasn’t tech stocks or derivatives. It was “catastrophe bonds,” and one expert sees a “Holy Grail” moment for the $40 billion market.

https://fortune.com/2024/01/31/asset-class-2023-outperforming-tech-stocks-derivatives-catastrophe-bonds/


Group led by Carlyle’s David Rubenstein to buy Orioles for more than $1.7 billion

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Rubenstein’s investor group initially has agreed to buy 40% of the Major League Baseball franchise from the Angelos family.

https://fortune.com/2024/01/31/david-rubenstein-baltimore-orioles-carlyle-group-mlb-baseball/


From 'life force energy' canisters to 'medbeds,' online health conspiracy theories are creating a new age of unproven treatments

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In the 1970s and 1980s, the back pages of magazines were filled with ads for mail-order diet pills and supplements that made promises not backed up by the facts. Today, the same claims are made online.

https://fortune.com/well/2024/01/31/what-is-a-medbed-online-health-medical-conspiracy-theories-abound/


Meta, TikTok, other social media CEOs testify before Senate committee on child exploitation: 'Constant pursuit of engagement and profit over basic safety'

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South Carolina Sen. Lindsay Graham, the top Republican on the Judiciary panel, said he's prepared to work with Democrats to solve the issue.

https://fortune.com/well/2024/01/31/social-media-ceos-meta-tiktok-testify-senate-committee-child-exploitation-profit-engagement-safety/


N. Scott Momaday, Pulitzer winner and giant of Native American literature, dies at Santa Fe home at 89 years old

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“He was a kind of literary father for a lot of us,” said Joy Harjo, the country’s first Native to be named poet laureate.

https://fortune.com/2024/01/31/obituary-n-scott-momaday-pulitzer-winner-native-american-writer-novelist/


Biden to visit Ohio town devastated by fiery train crash that displaced thousands and left even more worried about toxic poisoning

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A White House official said Wednesday that Biden will visit East Palestine in February, a year after the Norfolk Southern derailment.

https://fortune.com/2024/01/31/joe-biden-visit-east-palestine-ohio-norfolk-southern-derailment/


Trump wants to rip union support away from Biden as he sets Teamsters summit, urges UAW to dump Shawn Fain

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The Biden campaign “looks forward to meeting with the Teamsters and earning their endorsement,” but the timing remained “TBA.”

https://fortune.com/2024/01/31/donald-trump-teamsters-union-biden-uaw-shawn-fain/


New Mexico's 50-year plan to squeeze out every last drop of water prompts Google deal to locate leaky pipes

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The plan calls for using new tech and remote sensing to conduct an inventory of water loss across more than 1,000 public water systems in the state.

https://fortune.com/2024/01/31/new-mexico-google-partnership-satellite-remote-sensing-leaking-water-pipes/


Songs by Taylor Swift, Drake, Adele and more get yanked off TikTok after licensing deal lapses with Universal

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“Ultimately TikTok is trying to build a music-based business, without paying fair value for the music,” Universal Music Group said.

https://fortune.com/2024/01/31/tiktok-music-licensing-deal-lapses-universal-taylor-swift-drake-contract-dispute/


The fight against greenwashing starts with AI. Here’s why

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By using AI, the $130 trillion needed to finance the energy transition can go into the right hands.

https://fortune.com/2024/01/31/fight-esg-greenwashing-ai/


Review: In ‘Read Write Own,’ venture capitalist Chris Dixon makes a serious case for crypto in wake of FTX debacle

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The web is broken says Dixon and blockchain is the solution to corporate control of networks.

https://fortune.com/crypto/2024/01/31/review-read-write-own-venture-capitalist-chris-dixon-crypto-blockchain-internet/


Some of the World’s Most Admired Companies reveal what businesses really think of each other. It’s not all flattering.

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Thousands of business executives and analysts told Fortune their impressions of the big company they keep.

https://fortune.com/2024/01/31/elon-musk-bob-iger-overrated-admired-ceos/


Grayscale ‘fought the law and won’ to help get Bitcoin ETFs approved. So why did billions of dollars pour out of GBTC?

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With about $21 billion in assets, Grayscale still dominates the Bitcoin ETF landscape. But for how much longer?

https://fortune.com/crypto/2024/01/31/grayscale-bitcoin-etfs-gbtc-billions/


Musk fumes after his record-breaking $56 billion Tesla pay package was voided by judge

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Delaware court judge Kathaleen McCormick's 200-page ruling offers a scathing indictment of a Tesla board entirely beholden to its CEO.

https://fortune.com/2024/01/31/elon-musk-tesla-pay-package-delaware-court/


AI is reshaping financial forecasts and disclosure–and making language more important than ever

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Even though language has always been important, AI has supercharged the risks of misusing it.

https://fortune.com/2024/01/31/ai-reshaping-financial-forecasts-disclosure-earnings-language-finance-leadership/


Germany trialing a 4-day week like the U.K., U.S. and Portugal—but the country needs the opposite of a short week, senior economist says

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“The four-day work week won’t help any of the problems currently affecting the labour market," economist at the Institute of German Economy said.

https://fortune.com/europe/2024/01/31/germany-pilot-4-day-work-week-europe-productivity-economy/


Novo Nordisk hits $500bn market value as it forecasts Wegovy and Ozempic will juice another 29% jump in profits this year

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The drugmaker saw a 150% increase in sales for its GLP-1s, now it thinks the worst of a supply chain glut may be over.

https://fortune.com/europe/2024/01/31/novo-nordisk-500bn-market-value-1tn-club-forecasts-wegovy-ozempic-another-29-jump-profits/


‘We are using all the tools we have’: Lina Khan’s FTC takes aim at Big Pharma’s ‘patent thickets’, arguing they keep old drugs too pricey

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It’s a big job clearing out so-called “patent thickets” drugmakers create to keep their products’ prices high. But the Federal Trade Commission is giving it a shot.

https://fortune.com/2024/01/31/lina-khan-ftc-patent-thickets-pharmaceuticals/


The federal government is simultaneously investing in my startup–and crippling our business with a little-known tax code provision. Only Congress can save us

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A seemingly innocuous provision in the 2017 Tax Cuts and Jobs Act could spell disaster for America's most innovative startups.

https://fortune.com/2024/01/31/federal-government-startup-business-tax-code-provision-congress-politics/


Russian billionaire who sued Sotheby’s for helping dupe him out of over $160m for da Vinci’s ‘Lost Leonardo’ and other paintings loses art fraud case

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The fertilizer titan alleged that the auction house helped a Swiss art dealer cheat him out of over $160 million by quietly imposing huge markups on works that he acquired.

https://fortune.com/2024/01/31/russian-billionaire-dmitry-rybolovlev-sued-sothebys-helping-dupe-him-millions-da-vinci-lost-leonardo-paintings-loses-art-fraud-case/


Tropicana Las Vegas, once known as the ‘Tiffany of the Strip’, will be demolished to make way for $1.5bn MLB stadium for Oakland A’s

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Tropicana owner Bally's Corp. made the announcement Monday, saying the closure on April 2 — days before the 67th anniversary of the resort's opening — marks the beginning of preparations for demolition.

https://fortune.com/2024/01/31/tropicana-las-vegas-tiffany-of-the-strip-demolished-mlb-stadium-oakland-as/


Apple hasn’t complied with a court order to open its App Store to allow outside payment options, Fortnite maker Epic Games tells judge

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Apple has followed through with that but is still asking developers to reimburse the company with a commission of up to 27% for purchases made outside the App Store.

https://fortune.com/2024/01/31/apple-not-complied-court-order-open-app-store-allow-outside-payment-options-fortnite-maker-epic-games-tells-judge/


Media mogul Byron Allen made a $14.3bn offer to buy CBS and Nickelodeon parent Paramount Global, one of the crown jewels of the Redstone empire

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Paramount, the parent of CBS, Nickelodeon and other channels, has been in play for months after independent producer David Ellison began discussing a buyout of the Redstone family’s shares last year.

https://fortune.com/2024/01/31/media-mogul-byron-allen-billion-offer-buy-paramount-global-crown-jewel-redstone-empire-cbs-nickelodeon/


A blizzard threatens to put a chill on the Lunar New Year holiday—and on Beijing’s hopes of boosting the economy

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Domestic travel is a bright spot for the sluggish Chinese economy, but bad winter weather could disrupt those hopes.

https://fortune.com/asia/2024/01/31/winter-weather-lunar-new-year-holiday-china-consumption-economy/


Fortune’s Blue Ribbon Companies 2024

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To qualify for the Blue Ribbon list, a company must appear on at least four of our nine most rigorous annual rankings.

https://fortune.com/2024/01/30/blue-ribbon-companies-2024/


Judge says Elon Musk must give up $55 billion Tesla pay package, siding with shareholder who called it ‘unjust enrichment’

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Musk's historic pay package is nearly as big as the GDP of Delaware.

https://fortune.com/2024/01/30/elon-musk-55-billion-tesla-pay-lawsuit/


UPS delivers 12,000 job cuts to management months after historic deal for unionized drivers—yet another sign the pendulum is swinging toward blue-collar workers

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At UPS and throughout the workforce, it’s a bleak time to be a white-collar worker. But many blue-collar jobs are still essential.

https://fortune.com/2024/01/30/ups-layoffs-12000-management-union-contract/


SEC asks to dismiss contested crypto case in which agency faces sanctions over ‘materially false’ statements

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SEC lawyers said they "deeply regret" errors they made and acknowledged the agency "fell short."

https://fortune.com/crypto/2024/01/30/sec-crypto-utah-debt-box-dismiss-case-sanctions-gensler/


Elon Musk fired an X employee over a social media post protesting RTO orders and he was right to, lawyer says

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“The complaint is dead on arrival in our view,” and “a no-brainer,” the social media company’s attorney said at an NLRB hearing.

https://fortune.com/2024/01/30/remote-work-return-to-office-twitter-x-elon-musk-fires-employee-social-media-post/


Billionaire Ken Griffin says 'whiny snowflakes' come out of Harvard, not future leaders. After $300 million donation last year, he's out

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The hedge fund leader wonders if elite schools will stay "lost in the wilderness of microaggressions and a DEI agenda that seems to have no real end game.”

https://fortune.com/2024/01/30/billionaire-ken-griffin-harvard-whiny-snowflakes-donor-300-million/


Elon Musk says the first human to get a neural implant was 'recovering well' after a 'promising neuron spike detection'

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In a separate X post, Musk said the first Neuralink product is called “Telepathy” and will enable users to control phones or computers “just by thinking.”

https://fortune.com/2024/01/30/elon-musk-first-human-neuralink-implant-recovering-well/


ChatGPT accused of violating EU data privacy rules by Italian regulators

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Garante said Monday that it notified San Francisco-based OpenAI of breaches of the EU rules, known as General Data Protection Regulation.

https://fortune.com/2024/01/30/chatgpt-openai-violation-eu-data-privacy-rules-gdpr-italy/


With French farmers barricading Paris, Putin's global food crisis bites into the heart of Europe

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“We need to listen to the farmers, who are working and are worried about their future and their livelihood,” Prime Minister Gabriel Attal said.

https://fortune.com/europe/2024/01/30/france-farmer-protests-paris-siege-barricade-putin-food-crisis-eu/


Amazon Prime is now charging you if you want to avoid commercials on its streaming service

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Amazon signaled last fall that it would start charging for ad-free Prime streaming. Now the option is live and analysts see billions of dollars ahead.

https://fortune.com/2024/01/30/amazon-prime-adds-commercials-subscribers-2-99-fee/


Elizabeth Warren is furious about the 'full-blown housing crisis' and she's targeting Jerome Powell’s ‘troubling rate hikes’

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“We urge you to consider the effects of your interest rate decisions on the housing market,” Warren and colleagues wrote to the central bank.

https://fortune.com/2024/01/30/elizabeth-warren-full-blown-housing-crisis-affordable-jerome-powell-interest-rates/


JPMorgan Chase could be the second major U.S. bank led by a woman

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Marianne Lake and Jennifer Piepszak are among a small group being discussed as the next CEO of the largest U.S. bank by assets.

https://fortune.com/2024/01/30/jamie-dimon-jpmorgan-chase-citigroup-jane-fraser-retirement-women-wall-street/


A language dies every 2 weeks. AI can help save them from digital extinction–or accelerate their demise

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Less than 5% of all languages will likely ascend to the digital realm. Unique ideas, concepts, and understandings could die off with those that don't.

https://fortune.com/2024/01/30/language-dies-ai-can-help-save-digital-extinction-demise-culture-tech/


GM stock defies EV panic to surge 7%; CEO Mary Barra urges ‘level playing field’ after Musk comments on China

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"We need to make sure we have beautifully designed vehicles … at the right cost base,” Barra told investors.

https://fortune.com/2024/01/30/general-motors-earnings-beat-expectations-electric-vehicles-elon-musk-china-byd/


Alaska Airlines is offering big discounts to lure flyers back after part of a Boeing jet blew off mid-flight

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Some travelers qualify for 40% off.

https://fortune.com/2024/01/30/alaska-airlines-fare-sale-boeing-737-max/


Layoffs rose in December as quits fell to 3-year low in a sign the job market is cooling

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But job openings ticked up to 9 million last month.

https://fortune.com/2024/01/30/layoffs-quits-jolts-december-job-market/


What skills are needed to succeed in data science?

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Data science meets at the intersection of statistics and computer science, but what in-demand skills does this translate to?

https://fortune.com/education/articles/data-science-skills/


Musk's price war with Tesla-killer BYD claims next victim as Renault cancels IPO for its EV startup

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Renault boss Luca de Meo made no effort to hide his scorn of a Wall Street that first hyped EV makers into the stratosphere, before heading for the hills.

https://fortune.com/2024/01/30/elon-musk-tesla-byd-evs-renault-ipo-ampere-volkswagen/


For the first time in recent years, average tech salaries decreased in 2023, according to Dice. The CEO says not to worry

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Dice’s annual Tech Salary Trends report found that tech-salary growth decreased in 2023, especially near well-established tech hubs.

https://fortune.com/education/articles/dice-tech-salary-trends-report-2024/


IMF chief economist says world economy is 'now in the final descent toward a soft landing'

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The resilient American economy has led the IMF to upgrade its outlook for the whole world this year.

https://fortune.com/2024/01/30/imf-world-economy-outlook-forecast-america-boom-soft-landing/


Deutsche Bank CEO blames German far-right AfD party for politics that lead to ‘economic decline’ and deter investments into Germany

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“The fact that people are taking to the streets all over Germany is a strong sign. But it is not enough," Deutsche Bank's Christian Sewing said.

https://fortune.com/europe/2024/01/30/deutsche-bank-ceo-christian-sewing-germany-far-right-afd-party-economy-investments/


Don Julio-maker Diageo reels from a profit-sinking inventory hangover as Latin America’s drinkers work through a pandemic spirits glut

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Diageo is suffering from weak consumer sentiment in Latin America, offsetting strong growth for its Irish stout Guinness.

https://fortune.com/europe/2024/01/30/don-julio-diageo-profit-inventory-hangover-latin-american-pandemic-spirits/


Drama at Solana: Creation of new corporate entity raises questions of ‘decentralization theater’

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"It falls within that overall category of decentralization slash protecting your ass," said one general consul at a crypto firm, in reference to the creation of Anza.

https://fortune.com/crypto/2024/01/30/solana-anza-new-legal-entity-third-of-employees-decentralization-theater/


Workplace podcaster who slammed a Gen Z hire for missing an 8 a.m. meeting to work out has been forced to apologize after TikTok backlash

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“I don't give a flying sh-t about your workout class,” the TikToker said—but users were quick to defend the Gen Z worker's right to a life out of work.

https://fortune.com/2024/01/30/demoted-podcast-slammed-gen-z-hire-missed-8-am-meeting-workout-forced-apologize-tiktok-backlash/


Elon Musk reveals his Neuralink implanted its first ever brain chip into a human, trumpeting initial results as ‘promising’

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The device "enables control of your phone or computer, and through them almost any device, just by thinking."

https://fortune.com/2024/01/30/elon-musk-neuralink-implant-first-human-patient/


Portal, a decentralized Bitcoin exchange, raises $34 million to develop cross-chain swaps

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Coinbase Ventures and Arrington Capital are among those backing the company's vision of peer-to-peer, cross-chain transactions.

https://fortune.com/crypto/2024/01/30/portal-decentralized-bitcoin-exchange-raises-34-million/


Toyota sits on top of the world’s car market for the fourth year running, but an array of safety scandals could threaten its brand

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The Japanese automaker sold about 2 million more vehicles last year than the Volkswagen Group.

https://fortune.com/asia/2024/01/30/toyota-worlds-top-car-seller-safety-scandals-daihatsu-hino/


1784 British painting stolen by New Jersey mobsters is returned to the owner’s son—54 years later: 'This piece of art, what a history it’s had'

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The 40-inch-by-50-inch John Opie painting — titled “The Schoolmistress” — is the sister painting of a similar work housed in the Tate Britain art gallery in London.

https://fortune.com/2024/01/30/1784-british-john-opie-painting-stolen-new-jersey-mobsters-returned-owners-son-54-years-later/


After Alaska Airlines 737 Max door plug blowout, Boeing is withdrawing request for a safety exemption needed to certify a new model of the plane

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The safety standard concerns an anti-icing system, and the issue affects other models of the 737 Max that are already flying.

https://fortune.com/2024/01/30/alaska-airlines-737-max-door-plug-blowout-boeing-withdrawing-request-safety-exemption-certify-new-model-plane/


More Millennials and Gen Xers are dying from colorectal cancer. Obesity and alcohol consumption are fueling the trend

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Alcohol consumption has been linked to early onset bowel cancer, which tends to be more aggressive and lethal.

https://fortune.com/well/2024/01/30/why-more-young-people-millennials-gen-xers-dying-colorectal-cancer-obesity-alcohol/


China's ambassador to the U.S. accuses immigration officers of harassing Chinese students: 'This is absolutely unacceptable'

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Ambassador Xie Feng complained that Chinese students with valid visas were held in interrogation for up to eight hours, and even denied entry to the U.S.

https://fortune.com/asia/2024/01/30/china-accuses-us-immigration-harassing-chinese-students-valid-visas-interrogation/


BYD's victory over Tesla may have come at a cost, as a lower-than-expected profit estimate push shares down almost 5%

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Record sales don't necessarily translate into bumper profits.

https://fortune.com/asia/2024/01/30/byd-estimated-profit-tesla-china-ev-price-war-record-sales/


Septuagenerian ruby-slippers thief avoids jail but has to pay $300 a month for plan to 'destroy an irreplaceable part of American culture'

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The judge told Terry Jon Martin he probably would have sentenced him to 10 years in prison if it was still 2005.

https://fortune.com/2024/01/29/wizard-of-oz-dorothy-ruby-slippers-stolen-minnesota-mobster-avoids-jail/


Longtime Tesla bull Cathie Wood buys the Tesla dip, spending $141 million as stock drops 25%

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Tesla has dropped 25% in January, and Wood’s flagship fund is down nearly 10%, but it gained 68% in 2023.

https://fortune.com/2024/01/29/cathie-wood-buys-tesla-stock-ark-investment-141-million/


IBM to managers: Move close to an office or quit

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All U.S. managers must immediately report to an office or client location at least three days a week, according to a memo seen by Bloomberg.

https://fortune.com/2024/01/29/ibm-remote-work-policy-managers-ordered-to-move-3-days-per-week-in-office/


Stocks rise on Wall Street ahead of a big week for Big Tech earnings

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Big Tech stocks are the main reason the S&P 500 has soared more than 35% to a record, and five of the "Magnificent Seven" report this week.

https://fortune.com/2024/01/29/stocks-markets-wall-street-new-york-stock-exchange-magnificent-seven-tech-earnings/


The remote work revolution is morphing into a perk for the wealthiest, most educated workers

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It was available to nearly all office workers in the scary days of 2020. Now it’s just for a chosen few.

https://fortune.com/2024/01/29/remote-work-wealth-education-inequality-white-collar-jobs/


Ryanair's CEO once called Boeing's leadership 'headless chickens.’ Now he wants to buy the Max jets that U.S. airlines don't

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CEO Michael O’Leary now says he has “a lot of confidence” in Boeing, while United and Alaska Airlines are still in the anger stage.

https://fortune.com/2024/01/29/ryanair-boeing-ceo-michael-oleary-doing-good-job-737-max-orders/


"Buying a home is not even remotely possible" for many Americans, says Moody's chief economist

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"Death, divorce, children or job change" aren’t budging homeowners locked into low rates, Mark Zandi says.

https://fortune.com/2024/01/29/buying-a-home-is-not-remotely-possible-for-many-americans-moodys-economist/


Meet 'Money dysphoria': Gen Z gets its very own version of ‘keeping up with the Joneses’

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Intuit Credit Karma found nearly half of millennials and Gen Z are obsessed with getting rich—and even more of them fear it'll never happen.

https://fortune.com/2024/01/29/what-is-money-dysphoria-gen-z-keeping-up-with-jones-wealth-fomo/


Amazon’s failed iRobot deal is European regulators’ latest win in a yearslong campaign to stop big tech from getting bigger

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The European Union is cracking down on big tech in a way few other regulators are.

https://fortune.com/2024/01/29/amazon-irobot-disappointed-eu-antitrust-u-s-tech-companies/


We ranked the best balance transfer cards available in 2024

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Consolidate your debt and save hundreds of dollars in interest when you transfer a balance to one of these top credit cards.

https://fortune.com/recommends/credit-cards/best-balance-transfer-credit-cards/


Amazon walking away from its $1.7 billion iRobot deal leaves the Roomba maker without its founding CEO and staring down a 31% staff cut

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Departing iRobot founder Colin Angle said the news of the merger falling through was “disappointing."

https://fortune.com/europe/2024/01/29/amazon-irobot-deal-falls-through-31-percent-layoffs-founder-colin-angle/


Boeing CEO Dave Calhoun is on the hot seat. Here are 3 concrete steps he must take to restore the company’s credibility

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Getting the 737 MAX 9 back into the sky may have been the easy part.

https://fortune.com/2024/01/29/boeing-ceo-dave-calhoun-737-max-safety-leadership-sonnenfeld-tian/


'8 years ago, nobody was looking at watches on Instagram': Sotheby's sees generational shift in luxury sales up 40% since the pandemic

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“I’m sure people in their 30s and 40s collectively represent the majority of buyers at Sotheby's,” says American Head of Watches Geoff Hess.

https://fortune.com/2024/01/29/gen-z-millennials-luxury-watches-instagram-social-media-sothebys/


Mark Zuckerberg is reportedly building an underground bunker in Hawaii

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Ko’olau Ranch, under construction on Kauai, will include underground tunnels and a network of tree bridges, Wired reports.

https://fortune.com/2024/01/29/mark-zuckerberg-underground-bunker-hawaii/


Super Bowl 58 tickets are going for as high as $62,000

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Average price? Over $11,000.

https://fortune.com/2024/01/29/super-bowl-58-ticket-prices-record-high/


Walmart's stock is surging and it's giving store managers stock grants worth up to $20,000 per year

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Walmart shares have risen 15% in the past 52 weeks, with the stock closing at $164.27 on Friday — up nearly 1%, or $1.43, per share.

https://fortune.com/2024/01/29/walmart-store-managers-stock-grants-20000-per-year/


32-year-old blogger's research forces Harvard Medical School affiliate to retract 6 papers, correct another 31

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Sholto David, of Pontypridd, Wales, is a scientist-sleuth who detects cut-and-paste image manipulation in published scientific papers.

https://fortune.com/europe/2024/01/29/harvard-medical-school-affiliate-retracts-corrects-research-dana-farber-welsh-blogger/


Aging mobster who stole Dorothy's ruby slippers may have just 6 months to live and should avoid jail time, lawyer argues

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According to his lawyer, the thief had no idea about the cultural significance of the ruby slippers and had never even seen “The Wizard of Oz.”

https://fortune.com/2024/01/29/stolen-ruby-slippers-dorothy-wizard-of-oz-aging-mobster-6-months-to-live/


Amazon scraps $1.7 billion deal to buy Roomba maker iRobot after EU antitrust resistance

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The ecommerce giant blamed “undue and disproportionate regulatory hurdles” as it backed out of the deal.

https://fortune.com/europe/2024/01/29/amazon-irobot-eu-antitrust-1-7-billion-deal-scrapped-roomba/


American Airlines is trying to cash in on the Taylor Swift-Travis Kelce mania by adding two Super Bowl flights dedicated to the couple

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"Are you ready for it?"

https://fortune.com/2024/01/29/american-airlines-taylor-swift-travis-kelce-super-bowl-flights/


0% APR Credit Cards: A powerful tool that needs to be handled with care

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0% APR credit cards are like power tools: safe if you know how to use them, dangerous if you grab one without a plan. Here’s how to use 0% APR responsibly to save money.

https://fortune.com/recommends/credit-cards/what-is-0-apr-credit-card/


Elon Musk loses title as world’s richest person to LVMH patriarch Bernard Arnault, paying the price for January rout in Tesla stock

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Musk's EV carmaker shed $200 billion in market value in the span of just one month following a litany of setbacks.

https://fortune.com/2024/01/29/elon-musk-tesla-richest-person-world-lvmh-bernard-arnault/


Accounting giant EY is tracking its return-to-work push with ‘turnstile access data’—and many workers aren’t even making it 2 days a week

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At least 50% of employees in some teams haven't been complying with the return-to-office rules, a source told the Financial Times.

https://fortune.com/europe/2024/01/29/accounting-ey-kpmg-pwc-deloitte-return-to-work-back-to-office/


Toyota is suspending the shipment of 10 vehicle models after it found problems with diesel engine tests

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The issue is the latest blow to Toyota, following an announcement by subsidiary Daihatsu last month that most of its vehicles weren’t properly tested for collision safety.

https://fortune.com/asia/2024/01/29/toyota-suspending-shipment-10-vehicle-models-problems-diesel-engine-tests/


Now Gen Z is taking on the cost of living crisis by ‘loud budgeting’

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Welcome to the era of "loud budgeting" where Gen Z is proudly being vocal about their expenses instead of mindlessly spending.

https://fortune.com/2024/01/29/now-gen-z-is-taking-on-the-cost-of-living-crisis-by-loud-budgeting/


Jamie Dimon says Washington faces a global market ‘rebellion’ over record U.S. debt: ‘It is a cliff... we’re going 60 mph towards it’

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"This is about the security of the world. We need a stronger military, we need a stronger America. We need it now."

https://fortune.com/2024/01/29/jamie-dimon-government-debt-crisis-market-rebellion/


My father’s stocks are still paying off decades later. Here’s how to recover the lost art of disciplined investing

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People often sabotage their investment portfolio, either through unnecessary trades or, at the other extreme, paralysis from just being overwhelmed.

https://fortune.com/2024/01/29/stocks-still-paying-off-decades-later-disciplined-investing-personal-finance-james-martielli/


Most of Trump’s cash stockpile is at risk from possible $450m dual verdicts in E. Jean Carroll and New York business fraud cases

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The timing couldn’t be worse as the likely Republican nominee for the November presidential election already faces mounting legal bills after being charged with 91 criminal offenses in four criminal prosecutions.

https://fortune.com/2024/01/29/trump-cash-stockpile-risk-450-million-dual-verdicts-e-jean-carroll-new-york-business-fraud-cases/


Canon, best known for its cameras and printers, wants to undercut ASML and its $150 million chipmaking machines

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Canon has a history as a supplier of semiconductor manufacturing equipment, but lost ground to ASML in the race to develop lithography technology.

https://fortune.com/asia/2024/01/29/canon-lithography-chipmaking-equipment-semiconductors-japan-asml/