Target pours $2B into store upgrades and workers in a high-stakes turnaround push
Target is investing another $2 billion in its business this year to spruce up the store experience, remodel stores and invest in its workers as it tries to turn around a persistent sales malaise and reclaim its authority on style.
Trump’s strike on Iran and the new breed of AI wars mean bombs can drop faster than the speed of thought
AI has made battlefield decision-making faster. But it also raises questions about risk and ethics.
Top economist says companies are close to a ‘Cortes moment’ on AI, referencing the conquistador who burned his boats and then invaded Mexico
Moody's Analytics chief economist warned firms are approaching the point of no return on AI adoption — and the labor market may feel it first.
McDonald's 'Big Arch' Is Good! I Have Some Thoughts on the CEO's Post.
I've been watching McDonald's CEO Chris Kempczinski's Instagram posts for months. I was shocked when his review of the "Big Arch" went viral.
Inflation concerns rise with US and Israeli attacks on Iran
Oil prices jumped Tuesday for the second straight day and gas prices moved higher in the United States, underscoring the threat of rising inflation posed by the Iran war.
Obama’s former campaign manager has a ‘brutal truth’ for Democrats: ‘We have no economic message, and if we don’t get one, we’re not going to win’
Across the country, progressives are lighting a fire that they hope will catapult Democrats back to power in Congress this year. But here in a hotel ballroom, the party’s beleaguered moderates have another message — not so fast. Leaders at Third Way’s conference talked over and over about how Democr
AI that you can get behind: Syracuse claims snow complaints have dropped 30% since it partnered with the right GPS tech firm
“Rather than having to sift through a list of vehicles, it can actually figure this out: ‘We've got Trevor in vehicle 203, 15 minutes away.'"
DOJ rips into Ticketmaster monopoly in court: ‘today, the concert ticket industry is broken’
“This case is about power, the power of a monopolist to control competition,” David Dahlquist said
Cities join Amazon in ending their partnership with license-plate reader Flock following public outcry. ‘Your privacy is totally fine,’ says Ring CEO
"It was a shame" that people reacted that way to Ring's Super Bowl ad, says Ring CEO Jamie Siminoff. The company won't use Flock, but the reaction means people want safer neighborhoods.
Prediction markets face scrutiny over Iran strike betting profits
Prediction markets saw suspected insider trading as gamblers won an alleged $1.2 million betting on Iran conflict, with trader "Magamyman" reportedly earning $600,000.
Jamie Dimon says Trump’s $5 billion JPMorgan lawsuit has ‘no merit,’ but admits he’d be angry about debanking too
The JPMorgan CEO blamed regulatory pressure for forcing banks to close controversial accounts.
The Pentagon’s fight with Anthropic was the first real test for how we will control powerful AI. The bad news: we all failed
The fight between Anthropic and the U.S. government raises three crucial questions about who should control AI, and how.
Top economist Mohamed El-Erian warns of stagflation gripping the entire world economy the longer the Iran war goes on
War in the Middle East could bring on one of the worst-case scenarios in macroeconomics.
US alleges Ticketmaster has broken the concert industry
A Justice Department lawyer has told a New York jury at the start of an antitrust trial that the concert ticket industry is broken because Ticketmaster and its parent company Live Nation Entertainment have monopolized the market, driving up prices for consumers.
$15 billion of the insurance industry is at risk from AI, BofA says
BofA accused the insurance industry of clogging its ranks with tons of unnecessary salespeople, with a "snowball effect" about to start happening.
Trump administration offers shifting narrative for U.S. war in Iran as Democrats pounce
Trump said when the invasion began his objective was to "defend the American people by eliminating imminent threats from the Iranian regime, a vicious group"
Legendary investor Howard Marks was skeptical about AI. What it said to him about Warren Buffett and Charlie Munger left him shook
The Oaktree cofounder asked Anthropic's Claude to give him a tutorial. "I want to try to communicate the level of awe" he felt, he wrote to clients.
Strikes on Amazon data centers highlights vulnerability to physical risks
Iranian drone strikes damaged three Amazon Web Services sites in the Middle East, exposing how vulnerable cloud data centers are in conflict.
Burger King president trolls McDonald's CEO in new video
As a (very) subtle jab, Burger King President Tom Curtis one-upped the Golden Arches restaurant in a new TikTok video posted by the chain, captioned, "Thought we’d replay this," by taking a rather massive bite of their new and improved Whopper, which was coincidentally released a few days before the
Apple raises MacBook prices across the board as M5 chips, new displays signal AI-first strategy
Apple’s Mac refresh moves the lineup further upmarket, pairing higher prices with faster performance in a push to give customers a reason to upgrade.
ChatGPT Health 'under-triaged' half of medical emergencies in a new study
ChatGPT Health — OpenAI’s new health-focused chatbot — frequently underestimated the severity of medical emergencies, according to a study published last week in the journal Nature Medicine
Burger King Takes Aim at McDonald’s CEO Video Skewered on Social Media
After fans mocked a taste test video with Chris Kempczinski as inauthentic, Burger King shared a clip of president Tom Curtis taking an enthusiastic bite of a Whopper
Banking, payments services disrupted after Amazon UAE data centers hit in drone strikes
U.S. and Israeli strikes on Iran have prompted a wave of retaliatory attacks across the Middle East.
Why the stock market thinks the Iran war will last 4 weeks, according to Goldman’s head of oil research
The market is pricing in about a month of action in the Middle East, but experts warn triple-digital oil prices could become reality if war lasts even longer.