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 ...
Fortune1h
Remember, the U.S. doesn’t have to pay off all its debt, and there’s an easy way to stabilize it, Nobel laureate Paul Krugman says
Ballooning U.S. debt has stirred growing alarm on Wall Street, but economist Paul Krugman isn’t worried and said you shouldn’t be either. In a New York Times op-ed on Thursday, the Nobel laureate ...
Fortune9h
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 ...
Fortune6h
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 ...
Fortune3h
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 ...
Fortune4h
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 ...
Fortune1d
Microsoft’s Satya Nadella is the leader Fortune 500 CEOs admire most. This management philosophy helps explain why
Since joining Microsoft in 1992, Satya Nadella has not only impressed those he’s worked for, landing him promotion after promotion until he took the helm 10 years ago—he’s also attracted the ...
Elon Musk’s $56 billion Tesla pay package to get ‘no’ vote from Norway’s sovereign wealth fund
We remain concerned about the total size of the award, the structure given performance triggers, dilution, and lack of mitigation of key person risk.” ...
Fortune1d
Airbnb CEO Brian Chesky pairs people up to combat workplace loneliness: ‘Sometimes it’s just hard for one person to be a unicorn’
Brian Chesky, cofounder and CEO of Airbnb, informally pairs up new recruits. Eric Thayer—Bloomberg/Getty Images Staffers at Airbnb might have found themselves in an unofficial work pairing courtesy of ...
Fortune7h
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 ...
Fortune6h
Fury road: Cities are seizing illegal mopeds and scooters amid backlash against food delivery drivers
A soaring demand for food delivered fast has spawned small armies of couriers — and increasing alarm — in big cities where scooters, motorcycles and mopeds zip in and out of traffic and hop onto ...
Fortune8h
AI stock frenzy helps mint 600,000 millionaires in the U.S., trouncing the rest of the world
Artificial intelligence’s boost to financial markets helped the U.S. trounce the world in millionaire growth last year, when their ranks swelled by 600,000. That’s more than the population of ...