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President Donald Trump’s three U.S. Supreme Court appointees will play pivotal roles as the court considers the fate of his signature global tariffs Wednesday.Each of the three — Neil Gorsuch, Brett Kavanaugh and Amy Coney Barrett — has generally backed the president in a blizzard of emergency orders this year letting Trump implement his policies temporarily.But the tariff case will be the first time the court and its 6-3 Republican-appointed majority have directly considered Trump’s underlying assertions of sweeping presidential power. And to varying degrees, the Trump appointees have hinted that they aren’t sure bets to back him as he…

October was mostly treats instead of tricks for the biggest hedge funds in the industry.Market volatility briefly reached its highest point since the spring rollout of President Donald Trump’s tariffs, but investor jitters dissipated quickly as the US and China came to a trade agreement.The biggest players in the $5 trillion hedge fund industry finished October mostly positive, though few were able to match the returns of the S&P 500.At Izzy Englander’s $79 billion Millennium, the firm managed to return 1.5% in October, according to a person familiar with the firm. That bumped its 2025 gains to 7.6%.Citadel had one…

The logos of Danish drugmaker Novo Nordisk, maker of the blockbuster diabetes and weight-loss treatments Ozempic and Wegovy is seen outside theri building as the company presents the annual report at Novo Nordisk in Bagsvaerd, Denmark, on February 5, 2025. Mads Claus Rasmussen | Afp | Getty ImagesMetsera on Tuesday said Novo Nordisk’s new bid for the obesity biotech is “superior” to a revised offer from Pfizer, escalating a heated tussle over the startup between the two pharmaceutical giants. Novo Nordisk’s new proposal values Metsera at up to $86.20 per share, for a total of around $10 billion. In a release,…

Lyft CEO David Risher has a spirit animal.Risher, who is in his third year as CEO of the ride-hailing company, has overseen a turnaround of the company’s results.Part of his secret, he told Nilay Patel on The Verge’s “Decoder” podcast Monday, is that he’s willing to step out of the C-suite and dive into the details of how Lyft operates. That could include casting the tie-breaking vote on a crucial decision or grilling employees about how they plan to roll out a new product.Risher told “Decoder” he has a name for his approach: “Falcon Mode.””They’re pretty good, even at 2,000…

For KPMG’s newest consultants, the days of endlessly making slide decks may soon be over.The Big Four consulting and accounting firm is training its junior consultants to manage teams of AI agents — digital assistants capable of completing tasks without human input.”We want juniors to become managers of agents,” Niale Cleobury, KPMG’s global AI workforce lead, told Business Insider in an interview.KPMG plans to give new consulting recruits access to a catalog of AI agents capable of creating presentation slides, analyzing data, and conducting in-depth research, Cleobury said.The goal is for these agents to perform much of the analytical and…

Corporate America is getting rocked by historic rounds of white-collar layoffs, leading some to wonder: Has AI finally come for their jobs?While the proliferation of generative and agentic artificial intelligence is playing a role, recent job cut announcements from companies like Amazon, UPS and Target are about a lot more than just the advance of new technology. The firms, which each announced layoffs in recent weeks totaling more than 60,000 roles eliminated this year, said they’re trying to cut corporate bloat, streamline operations and adjust to new business models.But in the absence of the Bureau of Labor Statistics’ monthly jobs report,…

We began dreaming of living on Washington’s Olympic Peninsula while on vacation there in 2010.I’d picked up a travel brochure about the city of Port Townsend and joyfully read it aloud as my partner, Carol, and I drove through the area.It described a place great for kayaking, hiking, and biking with an active sailing community and emerald forests — all things my outdoorsy mate loves.We were even more sold on the area when I learned about its charming Victorian homes, historical seaport, array of music and arts festivals, and thriving local writers’ community.This was the ideal destination for our second…

“I have family in the Bay Area, so I can work locally,” I told the hiring manager during an interview at Google.I didn’t, but I lied because I was living in Santa Barbara at the time, roughly 300 miles away from Google’s main headquarters in Mountain View, California. I knew going into the interview that I’d need to work on-site, but I really wanted the position.It was 2019, the AI field was growing, and this contract role at Google seemed like my way in. I told myself that if I could just land the job, I’d figure out my living…

Signage is displayed outside a Yum! Brands Inc. Taco Bell and Kentucky Fried Chicken (KFC) restaurant in Louisville, Kentucky, U.S., on Thursday, Jan. 30, 2020.Luke Sharrett | Bloomberg | Getty ImagesYum Brands on Tuesday reported quarterly earnings and revenue growth, fueled by strong demand for Taco Bell and improved U.S. sales for KFC.The restaurant company also announced plans to review strategic options for Pizza Hut. The embattled pizza chain has struggled to win over diners in recent years. In its home market, pizza fatigue after pandemic lockdowns have led to slumping sales, and rivals like Domino’s Pizza have taken share from Pizza…

Pfizer CEO Albert Bourla speaks during a press conference after a visit to oversee the production of the Pfizer-BioNtech Covid-19 vaccine at the Pfizer factory in Puurs, Belgium, April 23, 2021.John Thys | ReutersPfizer on Thursday reported third-quarter earnings and revenue that topped estimates and hiked its full-year profit guidance, as cost cuts helped to outweigh declining sales for the period.The pharmaceutical giant now expects its full-year adjusted profit to come in between $3 and $3.15 per share, up from a previous guidance of $2.90 to $3.10 per share. Pfizer said that reflects its “solid” performance for the year, “continued…