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JPMorgan summer reading listCourtesy: JPMorganThe latest JPMorgan Summer Reading List, an annual favorite among the wealthy, includes books on artificial intelligence, longevity, Keith Haring and lemon recipes.The list is compiled each year with suggestions from JPMorgan client advisors around the world and has become a popular guide for the wealthy looking for good summer beach reads. This year’s list includes 14 titles, reflecting the top issues and concerns of its clients. AI tops the list, with two books on the topic. Sebastian Mallaby’s “The Infinity Machine” profiles Google DeepMind CEO and co-founder Demis Hassabis and the battle for AI breakthroughs.…
Lowe’s wants to inspire a new generation of consumers, Gen Alpha, to become DIY enthusiasts. Enter MrBeast. Loading audio narration… The home improvement retailer said Monday it’s rolling out MrBeast-themed kids workshops in its stores starting May 30. Children will receive MrBeast badges for each workshop they complete. Lowe’s is also releasing a series of buildable MrBeast toy kits, tied to his Swarms collectibles brand. MrBeast will earn royalties from the toy sales.Lowe’s CMO Jen Wilson told Business Insider in an interview that the company aims to sell out of both workshop places and the $14.98 (plus tax) toys. It’s…
Burger King wants to be crowned the top burger chain — and while company leadership says its turnaround effort could take decades, it’s already showing results. Loading audio narration… “‘Reclaim the Flame’ is, frankly, a two-decade strategy because of everything that has to be done,” Burger King US and Canada president Tom Curtis said during a press briefing attended by Business Insider.The “Reclaim the Flame” initiative, launched in 2022 after years of declining sales and operational struggles, is Burger King’s turnaround plan aimed at boosting traffic and franchisee profitability through restaurant remodels, operational improvements, and investments in the Whopper, the…
Lululemon is showing its teeth. The Vancouver-based athleticwear company is taking its battle with activist founder Chip Wilson public, writing in a letter to shareholders on Monday he has “outdated perspectives” and “troubling conflicts of interest” that will derail its turnaround plan, materials reviewed by CNBC show. The letter, Lululemon’s first major public response to Wilson since his proxy battle ramped up late last year, comes after settlement talks with the retailer’s founder fell apart last week, materials reviewed by CNBC show. The missive lays out why the company’s strategy, its incoming CEO Heidi O’Neill and board nominees are ultimately best for…
At KPMG US, workers might no longer need years of hands-on, repetitive work to get good at tax prep. Loading audio narration… The company is testing an AI-powered simulation tool designed to help employees build the skills they once gained through years of pencil pushing.The goal is to allow junior staffers, in particular, to learn the ins and outs of tax prep as AI begins to take over tasks, said Brad Brown, the company’s chief digital officer for tax.”You’re not going to get as many repetitions of doing that task as you would have in the past,” he said. “So…
This as-told-to essay is based on a conversation with Linara Bozieva, a 39-year-old founder of Ravenopous, based in San Jose. The following has been edited for length and clarity. Loading audio narration… A little over two years ago, I was laid off from eBay after spending 11 years with the company. My family and I had recently moved from Switzerland to the US, and it was a hard time.I looked at the job market and saw that many companies were laying off workers, and there seemed to be more candidates than openings. It felt worth it to start building something…
Members of Delta Sigma Theta sorority and other marchers gather in Selma, Ala., in 2025 to commemorate the 60th anniversary of the Bloody Sunday march that propelled the passing of the Voting Rights Act. Michael M. Santiago/Getty Images hide caption toggle caption Michael M. Santiago/Getty Images While Republican-led Southern states race to redo their congressional maps after the U.S. Supreme Court weakened the Voting Rights Act’s protections against racial discrimination, the decision’s effects may be felt most notably on the local level. There are active legal fights over at least 17 voting maps or election systems for state and local…
The Seed 100 and Seed 40 lists have reached their sixth year in our partnership with Business Insider, which objectively identifies and celebrates the success of some of the world’s greatest seed investors. Loading audio narration… In the run of these Seed 100 releases, AI has emerged as a defining characteristic of seed-stage startups today, with results that will likely drive the rankings for years to come.To produce the 2026 lists, we statistically analyzed seed investor performance in 25 areas using Crunchbase and PitchBook data. We also accept direct track record submissions to this form.Since we aim to analyze the…
A top Pizza Hut franchisee says the chain’s rollout of an AI-powered delivery system turned once-speedy pizza orders into a cold, late-arriving mess — and cratered a business that had been outperforming nearly every other operator in the system. Loading audio narration… In a lawsuit filed on May 6 in Texas Business Court, franchisee Chaac Pizza Northeast accused Pizza Hut of forcing stores to adopt Dragontail, a delivery-management platform that Pizza Hut described as using artificial intelligence to “optimize” food delivery, despite what the suit calls obvious incompatibilities with Chaac’s business model.Chaac, which operates about 111 Pizza Hut restaurants across…
Jensen Huang can talk about founder mode even at midnight. Loading audio narration… On an episode of the “20VC” podcast released on Sunday, Shiv Rao, the CEO of healthcare AI startup Abridge, shared the leadership advice the Nvidia CEO gave him during a late catch-up.”He once called me at midnight, and it was like on his way home, and I knew it was him. I picked it up, and it was awesome,” Rao said. “He wanted to unpack a challenge that I was experiencing.”Rao said that he had emailed Huang earlier that day for guidance — Nvidia is one of…