Author: Editor

Artificial intelligence is driving a shift in what companies look for in new hires. While experience has always been a key factor for job seekers, education level matters less and less compared to skill set, enabling companies to “expand their talent pipelines and keep pace with roles that evolve faster than traditional education can,” says Lauren Winans, CEO at human resources consulting firm Next Level Benefits.AI is accelerating the trend, as more organizations seek data science, machine learning, data analytics, and related skills — skills that you essentially learn through doing and repetition, not by going to class.Indeed, several companies,…

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Speaker Mike Johnson will block a push by moderate House Republicans for a vote on renewing expiring Obamacare subsidies, quashing a last-ditch effort to head off a spike in insurance premiums for more than 20 million Americans.Processing ContentThe Republican speaker’s decision guarantees enhanced Affordable Care Act premium credits expire at the end of the year. Democrats have made clear the congressional Republicans’ refusal to extend the subsidies will figure prominently in a midterm congressional campaign focusing on the high cost of living.A band of swing-district moderates had pushed for a vote this week on adding an extension of the expiring…

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Larry and David Ellison, who own Paramount, want to use $24 billion in Middle Eastern money to finance their bid for Warner Bros. Discovery. Is that a problem for WBD?You might think so — especially since $10 billion of that came from the Saudi government. That’s the same government that US intelligence said killed a Washington Post journalist in 2018. The kind of partner you might think a major American media conglomerate would want to keep at arm’s length.But that’s not a problem WBD raises in its newest communication to shareholders, where it urges them to take the deal offered…

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The Trump administration threatened retaliation against the European Union in response to efforts to tax American tech companies, singling out prominent companies, including Accenture Plc, Siemens AG and Spotify Technology SA, as possible targets for new restrictions or fees.Processing Content”If the EU and EU Member States insist on continuing to restrict, limit and deter the competitiveness of U.S. service providers through discriminatory means, the United States will have no choice but to begin using every tool at its disposal to counter these unreasonable measures,” the Office of the U.S. Trade Representative said in a social media post on Tuesday.”Should responsive…

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Elon Musk’s net worth has surged to a record $648 billion — and his wealth gain this year exceeds LVMH CEO Bernard Arnault’s entire $205 billion fortune, the Bloomberg Billionaires Index shows.The Tesla and SpaceX CEO’s wealth has jumped by $178 billion in just two days, boosting his year-to-date gain to an unmatched $216 billion.If that figure were his entire fortune, he would rank sixth on the rich list — ahead of not just Arnault but also former Microsoft CEO Steve Ballmer and Nvidia CEO Jensen Huang.Musk’s record wealth partly reflects Tesla stock closing at an all-time high of $490…

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Job openings were down in 2025, yet employers still struggled to find the right skills match for their open positions, according to Indeed’s 2026 US Jobs and Hiring Trends Report.That paradox is a focus for James Whitemore, who joined Indeed as chief marketing officer in June 2025, the same month former CEO Hisayuki “Deko” Idekoba returned to lead the company once again. Whitemore told Business Insider that both companies and candidates have to reorient how they share information, add more details and nuance to postings and profiles, and move towards natural language to optimize for AI.These shifts are central to…

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Netflix and Warner Bros. are moving toward a marriage, even as Paramount Skydance plans to crash the wedding.Warner Bros. Discovery rejected Paramount again on Wednesday after the David Ellison-led company made a hostile offer for $30 per share for all of WBD last week. Instead, WBD’s board recommended shareholders stick with its Netflix deal to sell assets, including its studio, HBO, and HBO Max, for $27.75 per share. In the Netflix deal, WBD’s cable networks, like CNN, would be separated from the studio and HBO Max.Paramount’s offer to WBD’s board of directors was “inadequate, with significant risks and costs imposed on our shareholders,” WBD…

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The Paramount logo is displayed on the water tower at Paramount Studios on December 8, 2025 in Los Angeles, California.Mario Tama | Getty ImagesThe Warner Bros. Discovery board on Wednesday said it unanimously recommended that WBD shareholders reject a takeover offer from Paramount Skydance and stick with a “superior” proposal from Netflix. Last week, Paramount launched a hostile bid for WBD, taking a $30-per-share, all-cash offer directly to shareholders. Paramount Skydance CEO David Ellison has argued the deal, which equates to an enterprise value of $108.4 billion, is better than Netflix’s and that a Paramount-WBD combination would have better chances…

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A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to your inbox.Fernando de Leon, founder of Leon Capital Group, started a small lot development company in 2004 with $100,000 and turned it into a $10 billion business, focused mainly on commercial real estate. He did that, he says, by predicting distress, watching the source of capital and leaning on his…

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Moscow’s wartime pivot to Beijing has helped keep Russia’s economy afloat under the weight of sweeping Western sanctions — but at a cost.What looks like a lifeline today may lock Moscow into a long-term role as Beijing’s junior economic partner. Russia is now heavily dependent on China for key manufactured goods and advanced inputs blocked by Western sanctions, according to a report from the Atlantic Council, a think tank, published on Friday.”Economically and politically, Russia’s relationship with China is simultaneously deeply asymmetrical and mutually beneficial,” wrote Elina Ribakova, a nonresident senior fellow at the Peterson Institute for International Economics, and…

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