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Billionaire Uber cofounder Travis Kalanick moved to Texas—dodging a possible $180 million hit from California’s billionaire tax

27 October 2026 No Comments

Next Tuesday, Californians will vote on Proposition 40, which would impose a one-time 5% tax on the state’s billionaires. It would apply only to people whose primary residence was in…

Meet Wizz Air’s CEO—his father was jailed under Soviet rule. Now, he’s on $4.4 million a year and would ‘rather keep building than sit on a beach’

27 October 2026 No Comments

Growing up in Soviet-controlled Hungary, Wizz Air founder József Váradi was born into a family still paying for his father’s role in the 1956 revolution — jailed, then frozen out…

Anthropic’s S-1, by the numbers: A thriving business—with a $441 billion asterisk

27 October 2026 No Comments

Around 9 AM on October 26, Anthropic unveiled one of the most eagerly awaited documents in Big Tech history, its prospectus for an initial public offering. Now that the Claude…

How is P&G’s CEO getting inflation-weary shoppers to pay more? It starts with cashmere-like diapers

27 October 2026 No Comments

When Procter & Gamble designed its premium Pampers Amore line, launched in the U.S. in March, the consumer products giant focused on the diapers’ greater absorbency, a cashmere-like feel, and…

‘Why do we value a Mars bar more than life-saving medicine?’ Sandoz CEO calls for level playing field with cheap Chinese antibiotics 

27 October 2026 No Comments

Prior to Alexander Fleming’s accidental discovery of penicillin 100 years ago, almost half of all deaths were caused by infections. Fleming’s petri-dish experiments and the resulting development of modern antibiotics…

42% of America’s recent college grads are working jobs that don’t need a degree. From Kathmandu to Paris, young people are taking to the streets

26 October 2026 No Comments

America’s newest college graduates were sold the college premium. Four in 10 of them are working jobs that never needed the diploma. About 42% of recent college graduates, ages 22…

Biotech firm Rakuten Medical wants to bring its novel ‘lightsaber’ cancer cure to the U.S.

26 October 2026 No Comments

Minami Maeda, CEO of Rakuten Medical, hopes he can get doctors to stop using their scalpels and try something more science-fiction instead. “We’re essentially asking surgeons to put down their…

Trump critic Lula wins reelection, saying Brazil is not ‘anyone’s backyard,’ while Bolsonaro asks for results to be annulled

26 October 2026 No Comments

Brazil’s President Luiz Inácio Lula da Silva, a vocal critic of U.S. President Donald Trump, was reelected Sunday in a result that provides relief to critics of widening U.S. influence…

Air Force One passengers reveal Trump’s inner circle and who is ‘whispering in his ear and talking softly in private quarters’

26 October 2026 No Comments

President Donald Trump has clocked about 70 hours aboard Air Force One so far this month, racing from rally to rally across the United States to try to bolster his…

How Pepsi fell behind in the cola wars—and then lost KFC

25 October 2026 No Comments

Pepsi has suffered many setbacks in recent years, but perhaps few were as symbolic as being jilted by a long-time partner it used to own, KFC. The fried chicken chain…

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