Amazon’s RTO mandate leaves working moms behind
Amazon mandated that all employees soon return to the office five days a week, a disadvantage for working women and moms.
Economic bellwether FedEx blames poor Q1 on darkening outlook for manufacturers
FedEx cites weaker than expected demand from manufacturers with many ditching priority shipping for cheaper options.
Anti-DEI activist Robby Starbuck is everywhere but critics say his influence is overstated
I think we should be careful not to assume that [Starbuck’s] efforts are actually directly responsible for these changes.” ...
It’s a myth that working in the office 5 days a week is the only way to build company culture, PwC report says
The business-as-usual paradigm to which some business leaders want to return doesn’t exist anymore.” ...
Meet The Hedge Fund Founder Now Taking On Climate Change
Tom Steyer, longtime Democratic fundraiser, has now set his sights on investing in companies with climate impact.
Apple and Huawei’s newest devices are going head-to-head in China. Yet both could struggle in the world’s largest smartphone market
Huawei may not have enough supply. Apple may not have enough demand.
Fortune1h
Why Target poached a top PepsiCo exec to be its new CFO
Good morning. Target’s new CFO is the latest example of a top executive who has spent decades building a career at one company—and then leaping to a new one to go higher. The CFO in question is Jim ...
PepsiCo North America CEO makes a color-coded pie chart of his waking hours to help him lead $27 billion beverage division
Ram Krishnan, PepsiCo CEO of Beverages North America, relies on a colorful approach to time management to navigate his ...
AI investors need focus—but their exuberance isn’t entirely unjustified
Breakthroughs in foundation models are increasingly capital-intensive—so investors are looking for opportunities elsewhere.
Bill Gates and Bernie Sanders met to discuss taxing the super rich
"Bernie asked me some hard questions about how much wealth I thought would be enough. We agreed that wealthy people should be ...
Fortune2h
How a spur-of-the-moment trip made GV the lead investor in Cribl’s summer Series E
Michael McBride was the new guy at Google Ventures, but that didn’t stop him from chasing a deal across the world. It was less than six months after McBride, previously the CRO of GitLab, had joined ...
Behaving like a projectile
Tech stocks soar; Apple penalty; Musk accusations; cybersurveillance; Waymo-Hyundai. Plus: Anduril combat goggles in the ...