Fortune1d
The S&P 500 will be reshuffled: Here are the stocks joining the index—and the stocks getting booted
GoDaddy is among the stocks that will be added to the S&P 500 on June 24. KKR & Co. Inc., CrowdStrike Holdings, Inc. and GoDaddy Inc. will join the S&P 500 as part of its latest quarterly weighting ...
Fortune14h
Meet the 59-year-old Barbie ‘dealer’ whose hustle has netted $2 million in sales
Courtesy of Bruce Zalkin When Bruce Zalkin, a 59-year-old New York native who has lived in Florida since 1976, looks at even ...
Fortune3h
Stanford becomes latest elite school to require SAT or ACT for admission, saying they predict academic performance
Stanford said the new policy will cover students applying in the fall of next year for admission to the class of 2030. David Madison—Getty Images Stanford University will reinstate the SAT or ACT as a ...
Fortune1d
The Fed’s first rate cut may come right in the thick of the presidential campaign
Fed Chair Jerome Powell will meet with his fellow central bankers on Tuesday and Wednesday. Kent Nishimura—Getty Images Economists are divided over how many interest-rate cuts Federal Reserve ...
Bob Iger schooled him on Disney’s grand theory of IP. Now Gerry Cardinale is backing Skydance Media’s $8 billion bid for Paramount Global
Cardinale's Redbird Capital Partners is an "IP monetization engine" that has partnered with celebrities from LeBron James to Ben Affleck. “I think he's focused on world domination,” says one ...
Fortune11h
Auto parts billionaire Frank Stronach, 91, arrested on sexual assault charges spanning decades
Police in Canada charged Stronach on Friday with five crimes including rape, indecent assault on a female, sexual assault and forcible confinement. Alexander Klein ...
Fortune8h
RH’s CEO holds 10-hour ‘adventures’ with execs and says ‘I don’t yell at people—I yell at the problem’
Gary Friedman became CEO in 2001, when RH was known as Restoration Hardware. Liz Hafalia—The San Francisco Chronicle via Getty Images RH CEO Gary Friedman has long been known for his soaring rhetoric ...
Fortune9h
Jensen Huang created a unique culture at Nvidia that allows the AI chip leader to move ‘very, very fast’
Nvidia CEO Jensen Huang speaks during Computex 2024 in Taipei on June 4. I-Hwa Cheng—AFP via Getty Images Nvidia’s technological prowess has lifted the chip giant to the commanding heights of the ...
Fortune4d
Microsoft is laying off workers at its Mixed Reality business as the technology that inspired Mark Zuckerberg to rename his company struggles
It's been more than five years since Microsoft first unveiled the HoloLens 2. Now Apple is taking a crack at the market for $3,500 mixed reality headsets in the hopes of having more luck. Gabriel ...
Fortune12h
Netflix’s ‘secret sauce’ tailors summaries, trailers to fit different tastes and even tries to divine viewers’ moods at any given time
"Bridgerton" cast and producers pose at the season 3 global premiere on May 13. Andy Kropa—Invision/AP Photo Although its video streaming service sparkles with a Hollywood sheen, Netflix still taps ...
Fortune1d
Todd Baratz
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Docusign CEO says while it’s objectively true that Americans work harder than Europeans, maybe Americans aren’t necessarily happier
Allan Thygesen says "these are conscious choices that societies have made about the trade-off between work and leisure time." ...