Subscribe to Updates
Get the latest finance and business news and updates directly to your inbox.
Trending
Author: News Room
At Boston Consulting Group, consultants of the future might look a lot like those of the past: generalists with business acumen.The difference, said BCG veteran Mel Wolfgang, is that the firm increasingly sees its consultants developing some of the technical capabilities once concentrated among specialists in areas such as IT…
Alex Harman was on the last stretch of his trek to the top of Mount Kilimanjaro in Tanzania when he stopped on a steep part of the mountain. He had gone to bed at 3 p.m. the day before and set his alarm for midnight to start hiking early.Now the…
Alphabet’s Waymo is taking a bite out of ride-hailing in its most mature markets, third-party data showed.And that share is large enough that its effects on human drivers could be detectable, Gad Allon, a Wharton professor who studies the gig economy, said.Just don’t expect it to look like a visible…
Harvard University’s investment arm disclosed a $2.2 billion stake in SpaceX, revealing a massive payoff from an early investment in Elon Musk’s rocket company following its blockbuster public debut. Harvard Management Company reported the position in a regulatory filing Friday, making SpaceX the largest individual stock holding disclosed in its…
We went behind the scenes to see how Ferrero, an Italian company is building a confectionery empire in the US, from spending billions on buying iconic American brands, to investing in new factories and an R&D lab, and even creating a new Nutella flavor specifically for Americans. Read the full…
Selena Gomez set out to create “the world’s first mental fitness ecosystem.” Instead, the startup is becoming her own personal headache.A federal lawsuit filed Thursday offers a detailed account of what investors say went wrong at Wondermind — from an app that was never built to major corporate partnerships they…
The former CEO of Taco Bell says McDonald’s new drink menu lacks originality.Greg Creed, who served as Taco Bell’s chief marketing officer when the chain introduced the popular “Baja Blast” drink over 20 years ago, shared some feedback this week on McDonald’s new menu of “refresher” drinks.”Any brand could have…
Claude agents are killing rival agents, gaming the system to hide their tracks, and expressing moral concerns.That’s according to Anthropic’s latest risk report, a summary of the dangers posed by the products the company is building and releasing to the public.In the report, Anthropic said it has upgraded its “misalignment…
Somewhere between “when you have a job, you can buy whatever you want” and “you’ll never have to worry about money” are the money lessons every child needs to hear to build their own money skills.As a certified public accountant, I’ve spent a career watching the end results of money…
Chili’s is hot.The restaurant chain continues to reap the rewards of its turnaround: Same-store sales grew 6% during the company’s fourth quarter, parent company Brinker International reported on Wednesday. That marks the 21st consecutive quarter that Chili’s reported same-store sales growth, Brinker CEO Kevin Hochman said during the company’s earnings…















