JPMorgan’s Jamie Dimon can’t shake the worry America is headed for a repeat of 1970s-style stagflation—and national debt may be to blame
Fortune
by Eleanor Pringle
36m ago
"Even if we go into a recession the consumer's in good shape." Read More ..read more
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After overshadowing climate talks, the myth of ‘circularity’ looms over the UN plastics treaty
Fortune
by Judith Enck, Pamela Miller
36m ago
We should not rely on anemic recycling efforts to address the global crisis caused by plastics, warns environmental group Beyond Plastics. Read More ..read more
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Gucci owner Kering struggles to revive the luxury fashion house, shares slip after it issued its second profit warning for 2024
Fortune
by Angelina Rascouet, Bloomberg
36m ago
Kering warned that recurring operating income will drop between 40% and 45% in the first six months of this year. Read More ..read more
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Tesla may have found itself a lifejacket—but its rocky ride following job and price cuts across Europe isn’t over yet
Fortune
by Prarthana Prakash
36m ago
“If somebody doesn’t believe Tesla’s is going solve autonomy, I think they should not be an investor in the company,” Tesla CEO Elon Musk said on Tuesday. Read More ..read more
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Pret A Manger's cofounder makes a comeback to the coffee chain's board amid overhaul
Fortune
by Sabah Meddings, Bloomberg
2h ago
Sinclair Beecham who co-founded Pret almost 40 years ago will help “reaffirm Pret’s mission." Read More ..read more
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Senate easily passes $95bn aid bill for Ukraine, Israel and Taiwan with big bipartisan majority
Fortune
by Mary Clare Jalonick, Stephen Groves, Farnoush Amiri, The Associated Press
2h ago
President Joe Biden, who worked with congressional leaders to win support, said in a statement immediately after passage that he will sign it Wednesday. Read More ..read more
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Sweden gears up for an uncertain future as it invests in infrastructure and energy grid
Fortune
by Lars Paulsson, Niclas Rolander, Bloomberg
2h ago
With its capital close to St. Petersburg, the Nordic region remains on edge. Sweden has strengthened its military and upgraded ports, roads, and railways. Read More ..read more
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London is the world's top talent magnet, eclipsing Amsterdam and New York. Yet it’s this country that beckons most
Fortune
by Prarthana Prakash
4h ago
“London’s position as the most desirable city, a position it has retained for many years, is both a promise and a challenge,” a BCG expert said. Read More ..read more
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Chinese suppliers shrug off U.S. tariff threats as customers flock to their cheap goods
Fortune
by Bloomberg
6h ago
Even buyers looking for alternatives to China think the world's second-largest economy will still be their top source. Read More ..read more
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The BBC is moving fast and showing that humans must always come first
Fortune
by Molly Flatt
6h ago
The world’s leading public broadcaster is investing in pilots to demonstrate AI’s potential as a positive force in the media space Read More ..read more
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