Fortune6d
Elon Musk and other DEI critics are latching on to ‘MEI,’ a new hiring catchphrase that experts say misses the point
Elon Musk and other DEI critics have praised a new hiring phrase coined by an AI startup CEO. Apu Gomes—Stringer/Getty Images Critics of corporate diversity, equity, and inclusion (DEI) initiatives ...
Fortune2h
Boeing agrees to buy Spirit AeroSystems for $4.7 billion, looking to take more control over manufacturing after 737 mishap
A Boeing 737 fuselage made by Spirit AeroSystems. David Ryder—Bloomberg via Getty Images Boeing Co. agreed Sunday to purchase Spirit AeroSystems Holdings Inc. for $37.25 per share in an all-stock deal ...
Fortune2h
Kevin Costner mortgaged one of his properties to finance his latest film, but ‘Horizon’ just had a weak box office debut
Kevin Costner attends the US premiere of "Horizon: An American Saga - Chapter 1" on June 24. Frazer Harrison—Getty Images “ A Quiet Place: Day One ” is making noise at the box office. The prequel ...
Fortune11h
Democratic Party insiders say DNC and campaign officials are gaslighting them about Joe Biden’s debate debacle and his election hopes
Joe Biden at the CNN presidential debate on Thursday. Justin Sullivan—Getty Images A sense of concern is growing inside the top ranks of the Democratic Party that leaders of Joe Biden’s campaign and ...
Fortune9h
Roaring Kitty’s GameStop return is playing out like an uninspired Hollywood sequel with no real villain and an absent hero
Traders were glued to their screens when GameStop trader Keith Gill returned from a three year long absence. But the man known as Roaring Kitty risks losing his audience. Michael Nagle—Bloomberg/Getty ...
Fortune1d
Execs should urge workers to return to the office to help San Francisco, Fed president says
San Francisco's office vacancy rate of 37% is the highest of any big U.S. city. Getty Images The most common question San Francisco Fed President Mary Daly is asked about the city when she’s traveling ...
Fortune3h
DoJ is pushing Boeing to plead guilty to criminal fraud, but families of victims from fatal crashes say the offer looks like a ‘sweetheart deal’
Boeing CEO Dave Calhoun being sworn in before testifying on Capitol Hill on June 18. Graeme Sloan—Bloomberg via Getty Images The U.S. Justice Department is pushing Boeing to plead guilty to criminal ...
Fortune3h
The U.S. deficit is nearly as big a Russia’s economy, and there’s a ‘vicious’ feedback loop that could make it worse
The federal budget deficit in fiscal year 2024 is now estimated at $1.9 trillion. Getty Images The presidential election has brought the issue of federal budget deficits back into the spotlight as ...
Fortune5d
Nvidia sees over $500 billion wiped off value after shares slide—the biggest 3-day value loss for any company in history
Nvidia founder and CEO Jensen Huang cannot be happy with the drop in his company's share price, but he may be partly to blame himself. Thearon W. Henderson—Getty Images Nvidia’s Jensen Huang is ...
Fortune1d
The owner of Redbox DVD kiosks just filed for bankruptcy, saying results ‘failed to meet management’s expectations’
A Redbox DVD rental kiosk at a gas station in San Rafael, California, in 2009. Justin Sullivan—Getty Images Chicken Soup for the Soul Entertainment Inc. — the seller of self-help books, film and ...
Fortune3d
The 14 best multivitamins for men in 2024, according to nutrition experts
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Fortune6h
A divergence in the stock market is now the biggest it’s ever been, signaling more vulnerability ahead, economist says
The top 10 companies in the S&P 500 account for 35% of the index's market value but only 23% of its earnings. Michael M. Santiago—Getty Images The epic rally in shares of tech behemoths is far ...