Forget the Trump trade. The Musk trade is where it’s at.
Elon Musk and Donald Trump in the Oval Office. Donald Trump’s presidential election victory in November spurred an immediate surge in assets ranging from stocks to crypto. It was dubbed the Trump trade. After an initial bump, things haven’t exactly gone as planned. The president has been less decisive than expected — particularly when it…
Microsoft CEO says AI will change ‘knowledge work’ — but that doesn’t mean it’s going away
Microsoft CEO Satya Nadella said “knowledge work” could change as AI grows more powerful. Satya Nadella isn’t dancing around it. AI agents are increasingly poised to take on work that once fell solely to human beings. However, that doesn’t mean knowledge work is going away — he simply expects it to evolve. “When we think…
Big Tech-backed interest group donated to Virginia lawmakers ahead of a failed push to regulate data centers
The Virginia House of Delegates. An under-the-radar interest group representing Big Tech and private-equity-backed data center developers is growing the industry’s influence on public policy, as data center construction booms across the country and utilities scramble to meet the mounting electricity demand from artificial intelligence. The group’s efforts might already be paying off, as evidenced…
How to ask for a raise — because finding a better-paid job is rough right now
Americans who are struggling to land higher-paying jobs might be able to boost their incomes by asking for a raise. Job-switching used to be a solid strategy for landing a pay bump. Now, it could be time to go back to basics and ask for a raise. Cory Stahle, an economist at the Indeed Hiring…
I’ve been the CEO of Aflac for 35 years. I practice ‘management by wandering around’ — here’s what a day in my life looks like.
Dan Amos speaking at the Terry College of Business. This as-told-to essay is based on a conversation with Dan Amos, the CEO of Aflac Incorporated, about his daily routine in Columbus, Georgia. It’s been edited for length and clarity. I started my career at Aflac Incorporated as a sales representative in 1973 and spent 10…
Betty Crocker and Slim Jim’s makers’ latest target: Ozempic users
Major food companies have special offerings for people taking drugs like Ozempic and Wegovy. Food companies behind everything from canned soup to frozen dinners are trying to win over a growing group: People who are eating less due to GLP-1 medications. General Mills, Conagra, and other companies are launching new, smaller-portion products and adding labels…
Big-box retail just got a big warning — and stocks are tumbling
Walmart said it was rolling back some DEI initiatives. Disappointing guidance from Walmart sparked a wave of losses among top retail stocks as investors worry about a slowdown in consumer spending this year. Though the big-box giant delivered an earnings beat on Wednesday, its full-year outlook underwhelmed Wall Street expectations in terms of sales growth,…
Kevin Spacey told Guy Pearce to ‘grow up’ for saying he ‘targeted’ him while filming ‘LA Confidential’
Guy Pearce and Kevin Spacey. Kevin Spacey responded to Guy Pearce accusing him of sexually harassing him on the 1996 set of the neo-noir thriller, “L.A. Confidential,” by telling him to “grow up.” “L.A. Confidential” tells the story of three police officers, played by Pearce, Spacey, and Russell Crowe, who investigate corruption and murder in…
Shonda Rhimes’ new Netflix project is a murder mystery set in the White House. Here’s what to know.
Uzo Aduba plays Cordelia Cupp, and Randall Park plays Edwin Park in “The Residence.” After the success of the “Bridgerton” franchise and true crime drama “Inventing Anna,” Shonda Rhimes’ latest collaboration with Netflix is a murder mystery: “The Residence.” The whodunnit, set during an important state dinner at the White House, will feature a fictional…
