AFR Platform
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How China's stimulus could provide a boost to new CEOs at Nike and Starbucks down the line
The new executives are taking over companies that have significant sales exposure to China, but Wall Street is cautious about the impact of the stimulus.
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How China's stimulus could provide a boost to new CEOs at Nike and Starbucks down the line
The new executives are taking over companies that have significant sales exposure to China, but Wall Street is cautious about the impact of the stimulus.
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Fed close to pulling off the elusive economic soft landing in 2024 after great September jobs report
If this sounds like a Goldilocks scenario, it's probably not far from it, even with the lingering inflation concerns.
Business
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A new Blue Origin: CEO Dave Limp is bringing urgency and ‘decisiveness’ to Jeff Bezos’ space company
Dave Limp told CNBC that he only had one question for Jeff Bezos when he interviewed last year to become CEO of Blue Origin: Is it "a hobby or a business?"
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Rivian shares fall after EV maker slashes production forecast, misses Q3 delivery expectations
Rivian produced 13,157 vehicles at its manufacturing facility in Normal, Illinois, and delivered 10,018 vehicles during the same period.
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Stellantis files federal lawsuit against UAW union over strike threats
Stellantis is suing the United Auto Workers, escalating a monthslong battle between the trans-Atlantic automaker and American union, CNBC has learned.
Technology
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Airlines, banks, casinos, package deliveries, and emergency services around the world are recovering today from what could be "the largest tech outage in history." the root cause was not a foreign agent but linked back to a software update issued by a u-s based cybersecurity firm called "Crowd Strike." Could this have been avoided?
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In London, a mobile phone is stolen every 6 minutes. "If I steal your phone, I'm stealing a thousand dollars," says digital identity expert David Birch. But "If I can get into your bank account, I can steal $100,000. So that's what they really want." So there are important steps to take immediately - including turning off message preview.
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"Human beings had a play-based childhood from time immemorial," says author Jonathan Haidt. What caused teen mental health decline is "between 2010 and 2015, phones, screens come sweeping in...The most important thing that parents can do is delay the age at which their child gets immersed in internet culture."