Author: Editor

For recent graduates parsing layoff announcements for signals of their career prospects, a Wednesday letter from Atlassian’s CEO offered a surprising vote of confidence for their value in the workplace. Loading audio narration… Atlassian CEO Mike Cannon-Brookes spelled out three categories of workers the company wanted to retain in its announcement that it was cutting 1,600 jobs, or roughly 10% of its global workforce.”Guided by company-wide principles and a disparate impact analysis, we made some structural org changes and focused on retaining Atlassians with the skills to help us thrive as an AI-first company — this included strong performers, graduates,…

A Costco member in Illinois wants the wholesale club’s legendary refund policy to extend to Trump’s illegal tariffs.Lawyers for Matthew Stockov filed a complaint in federal court on Wednesday seeking repayment for his share of any tariff refunds that Costco receives from its own lawsuit against US Customs and Border Protection.”Costco is poised to be paid twice for the same unlawful tariff burden,” the filing says, referring to President Donald Trump’s tariffs that were struck down last month by the Supreme Court and the US Court of International Trade’s subsequent ruling that importers of record are due refunds.Multiple studies have…

The Lucid display is seen at the New York International Auto Show on April 16, 2025. Danielle DeVries | CNBCNEW YORK — Lucid Group expects to be cash flow positive late this decade as it plans to grow its vehicle lineup and significantly increase its software and technology offerings, the all-electric vehicle maker announced Thursday during its first investor day in nearly five years as a public company.The EV company aims to accomplish positive cash flow generation through market expansion into midsize vehicles and robotaxis, as well as international expansion in markets such as Europe and Saudi Arabia. It also…

Rivian CEO RJ Scaringe reacts at an event to unveil a smaller R2 SUV in Laguna Beach, California, on March 7, 2024.Mike Blake | ReutersRivian Automotive will launch sales of its crucial R2 all-electric vehicle this spring with a roughly $58,000 special edition model, the company announced Thursday.The first of the R2 midsize vehicles will be a performance model with a “Launch Package” that includes a 330-mile range, dual motors, special attributes and “lifetime” access to its Autonomy+ advanced driver-assistance system. The vehicle will have 656 horsepower and 609 foot-pounds of torque, and is capable of accelerating from 0-60 mph…

By Tom Poole, senior vice president, emerging payments at Capital OneShopping has never just been about transactions, especially for Gen Z. Today, younger spenders choose to shop as a form of identity, culture, and expression. As Gen Z now commands $360 billion in spending power, their preferences aren’t just causing a shift — they’re helping to reshape the modern retail experience.This evolution, however, does come with its fair share of risks.What’s shaping the Gen Z shopping experienceThe shopping experience is becoming increasingly fragmented and fast-paced. For Gen Z, choice is everywhere, from social platforms and emerging retail experiences to direct-to-consumer…

Hong Kong’s Victoria Harbour.Yaorusheng | Moment | Getty ImagesAs the Iran war rocks Dubai’s safe-haven image, Hong Kong’s expanding tax incentives for family offices may attract wealthy individuals reconsidering their Middle East exposure, lawyers and consultants told Inside Wealth.”We’re seeing a lot more interest in Hong Kong. This interest, especially in the last two weeks, has shot through the roof,” said Gaven Cheong, partner and fund formation lawyer at Charles Russell Speechlys. Cheong, who is based in Hong Kong, said he has conversations on a near-daily basis with families who are considering setting up family offices in Hong Kong, including those…

FILE PHOTO: People queue during Black Friday sales in front of a Foot Locker shoe store, in Zurich, Switzerland November 27, 2020. Arnd Wiegmann | ReutersDick’s Sporting Goods said Thursday it saw a better-than-expected holiday quarter, but the retailer issued weak profit guidance for the year ahead as its acquisition of Foot Locker continues to weigh on its bottom line. The company is expecting fiscal 2026 adjusted earnings per share to be between $13.50 and $14.50, weaker than the $14.67 analysts had expected, according to LSEG. Dick’s said it expects Foot Locker to get back to both profit and sales growth during…

Travelers wait in line at a Transportation Security Administration (TSA) checkpoint at William P. Hobby Airport in Houston, Texas, US, on Monday, March 9, 2026. Mark Felix | Bloomberg | Getty ImagesThe surge in fuel prices since the U.S. and Israel attacked Iran nearly two weeks ago is already driving up airfare. Consumers’ appetite for travel this year will dictate just how much.Cathay Pacific on Thursday said it would roughly double fuel surcharges on tickets starting March 18.Earlier this week, Australia’s Qantas said it is raising fares to help cover its costs, Scandinavian Airlines said the “unusually rapid and substantial…

Before Bobbi Brown founded her namesake brand, which she would eventually sell to Estée Lauder for about $74.5 million, she was a college student debating dropping out.Even after finishing her degree, Brown struggled to make ends meet for years as she paved her way into the beauty industry as a young makeup artist. It took her years to build a reputation and eventually her own brand.Having experienced both uncertainty and success, Brown has simple advice for recent grads facing a murky job market: “Don’t worry.””You’re not supposed to know now, and you got to try some things,” Brown told Business…

Prediction markets like Kalshi and Polymarket have poured millions into marketing. Their logos and “trade on everything” message have flooded college campuses, social media, and events like the Super Bowl and the Golden Globes. Loading audio narration… At the Next Summit, a gambling industry conference happening this week in New York, some were looking further ahead. While attendees — many young, and many European — schmoozed and visited booths dedicated to web hosting and fortune-cookie advertising, the phrase that kept popping up was “super apps.””There’s gonna be this massive convergence of Robinhood, Coinbase, and the gaming companies with super apps,”…