Fortune32m
It’s time for Apple to buy—not build—its way into AI
Raise your hand if you’ve heard this one before: Apple buys smaller technology companies from time to time, and we generally do not discuss our purpose or plans. Those 19 words—one imagines them ...
Fortune1h
Get today’s market-moving stories from the CEO perspective.
Each weekday, CEO Daily offers unique perspectives, as well as insights, from CEOs and industry leaders, on the top stories shaping the world of business. Start your mornings informed by the sharpest ...
Fortune1h
Spain’s Sabadell rejects second BBVA takeover bid that would create a $75 billion bank
Banco Sabadell SA rejected an approach by Banco Bilbao Vizcaya Argentaria SA to initiate takeover talks, marking the latter’s second failed attempt to buy its smaller rival. “Based on the detailed ...
Fortune2h
Elon Musk’s doomerist hobby is falling to sleep at night listening to podcasts on the end of civilization
SpaceX founder Elon Musk believes the existence of humanity is a miracle in the universe, but one that could all too easily be snuffed out. Taylor Hill—Getty Images Listening to Elon Musk can be ...
Fortune2h
British Microsoft-backed self-driving startup Wayve raises $1 billion, clocking new high in Europe-based AI funding deal
British self-driving startup Wayve has raised $1 billion in its latest funding round, setting a record for venture capital investment into a Europe-based AI company. Announced Tuesday, the series C ...
Fortune2h
What seven corporate bosses taught NBC’s Bonnie Hammer about how to navigate change
Good morning, Broadsheet readers! Only 60% of women are satisfied with their jobs, AI researcher Fei-Fei Li reportedly founded her own startup, and longtime TV exec Bonnie Hammer knows how to navigate ...
Fortune4h
Some Wall Street bankers could see their bonuses jump 25%. But there’s one job where payouts will shrink
Good morning. Big Wall Street bonuses could be making a comeback this year from a multi-year downward trend. An industry analysis released this morning by Johnson Associates, Inc., a New York-based ...
Fortune6h
China’s tourists are traveling again but they are spending less than before COVID as economic worries keep their wallets shut
CFOTO/Future Publishing via Getty Images Chinese tourists hit the road in greater numbers during a recent five-day Labor Day holiday but kept a tight grip on their wallets, reflecting still-weak ...
Fortune6h
Elon Musk isn’t the only CEO thinking about falling birth rates
Taylor Hill—Getty Images Good morning. I’m at the Milken Institute Global Conference in Los Angeles this week, where there’s a lot of debate about trends shaping the global business landscape. As ...
Fortune6h
New York judge hits Trump with $1,000 fine for gag order violation in hush money case—and warns future violations could send him to jail
The judge in Donald Trump’s hush money trial fined him $1,000 on Monday and, in his sternest warning yet, told the former president that future gag order violations could send him to jail. The ...
Fortune18h
Joe Manchin and mining officials slam EV tax credit rule change, calling it a “blank check” to China
Senator Joe Manchin blasted changes to rules governing EV tax credits which give automakers two more years to source graphite for batteries from China. Al Drago—Bloomberg/Getty Images New Biden ...
Fortune18h
Target treks off the beaten path amid sales slump—by selling its own-brand products at other retailers
Target has expanded its children's clothing line Cat & Jack in Canadian department store Hudson's Bay. Elijah Nouvelage/Bloomberg—Getty Images Target is continuing to lean into its familiar strategy ...