Fed Governor Stephen Miran to resign after Kevin Warsh is sworn in
Federal Reserve Governor Stephen Miran said he will resign from the central bank effective once incoming Chair Kevin Warsh is sworn into office, or shortly before. The move by Miran…
Peter Thiel is leading investment in an ocean data center powered by wavesāand the startup is reportedly worth $1 billion
As hyperscalers like Alphabet look to the skies as the next frontier of data centers, Peter Thiel is looking to the seas. Panthalassa, a U.S.-based start up betting on ocean…
Newmanās Own Foundation CEO on steward ownership: succession when you donāt want to sell
The Great Wealth Transfer is underway: According to McKinsey, more than six million small and medium businesses will shut down or transition ownership by 2035 as baby boomers retire. Of…
Job-hopping is now the fastest path to becoming a CEOāand company loyalty may actually hold you back
When Elliott Hill stepped out of retirement two years ago to take the top job at Nike, his LinkedIn profile had a viral moment. The new CEO had spent his…
Fervo becomes clean energyās biggest-ever IPO with $10B valuationāpowered by the earthās heat and AIās hunger
Houston geothermal startup Fervo scored Wall Streetās biggest clean energy IPO ever, and its stock opened 35% higher on May 13 for a market cap above $10 billion. Bill Gates-backed…
Steve Jobs had a ābeer testā he used for interviews at Appleāif he didnāt want to drink with you, you didnāt get the job
Most job candidates walk into interviews armed with polished answers, rehearsed weaknesses, and a list of researched questions aimed to impress. But Appleās Steve Jobs reportedly had a far less…
The airplane fuel shortage is a myth propagated by airlines who want to cancel unprofitable flights, says private jet CEO
There is no jet fuel shortage, according to Greg Raiff, CEO of private jet services company Elevate Jet. The Strait of Hormuz may be closed, locking away more than 20%…
Top economist says $39 trillion national debt leaves government worse prepared for recession than ever
The U.S. has run into recessions with a messy fiscal situation before, but never this bad. Thatās the warning from Apollo chief economist Torsten Slok, who wrote in his Daily…
Frankenpipelines: Inside Trumpās bid to resurrect Keystone XL and stretch Dakota Access north
Two of the most controversial pipeline projects this centuryāthe failed Keystone XL project and the successful Dakota Access Pipelineāare gaining new life to move Canadian oil into the U.S., backed…
Michael Burry, Paul Tudor Jones, and a Nobel-winner all see the same thing: A stock market reckoning
In a new substack post, Michael Burry, the hero ofThe Big Short book and movie, declared that the stock market has ājumped the shark,ā and posited that āa complete reversalā…