Corcoran Group CEO says Gen Z and millionaires alike are flocking back to the city—but it’s because of job uncertainty, not return-to-office mandates

The ultra-wealthy and fresh-faced graduates have one thing in common: After moving to the suburbs and on the coast for better work-life balance during the pandemic, they’re now flocking back…

Companies are trying to do too much with AI, says IT CEO

Many CEOs are buying into the AI revolution wholeheartedly, but a study published by MIT in July was a wake-up call to the challenge of extracting value from the new…

Cambricon a.k.a. ‘China’s Nvidia’ says revenue spiked 14-fold last quarter. The ensuing stock frenzy made its CEO one of the world’s richest people

Chen Tianshi, the 40-year-old founder and CEO of Beijing-based Cambricon Technologies, is now one of the 100 richest people in the world after his AI chip company, known in retail…

Grindr CEO graduated with $500 in his pocket. Now the self-made millionaire plans to bring his kids to the office when they’re 10 to gain grit

Grindr CEO George Arison knows what it means to start from scratch. Born in the Soviet Union, he immigrated to the U.S. as a teen, hustled through odd jobs while…

MoneyGram CEO Anthony Soohoo is teaching an old fintech new tricks

Good morning, everyone, it’s finance editor Jeff John Roberts pinch-hitting for Allie. In my day job, I talk to a lot of folks in the fintech and crypto space who…

The firing of Nestlé’s CEO and the new rules of office romance

Last week, Nestlé, the $244 billion food conglomerate behind some of the world’s most beloved candy and coffee brands, announced that its CEO, Laurent Freixe, had been dismissed for violating…

OpenAI may soon be the most valuable private company—but Sam Altman’s net worth won’t jolt, as the CEO holds no equity and makes just $76,001 a year

The AI race is one of the hottest business wars this decade, with the market expected to be worth $4.8 trillion by 2033. And OpenAI has been a front-runner in…

Days after Intel CEO meets with Trump, the federal government is reportedly negotiating a stake in the chips champion

In a potentially dramatic shift for corporate America and U.S. industrial policy, the Trump administration is actively considering a plan to buy a direct stake in Intel, one of the…

The day after Trump called Intel’s chief ‘conflicted,’ former directors call for a new company, a new board, and a new CEO

Four former Intel board members are backing President Donald Trump’s surprise attack on the company’s CEO, but they are pushing for a shake-up that is both more dramatic and wholly…