Author: Editor

Mark Thompson says he likes to take on “big, juicy strategic puzzles” — first when he ran the BBC, then The New York Times, and now as CEO of CNN.The new job might be his hardest one yet: CNN is a big brand that still makes a lot of money, but it’s a cable TV network, and cable TV networks are in big trouble. So Thompson is trying to find an answer in streaming, with a new service that will give you just about everything CNN shows you on TV, for $7 a month.The most obvious question about the streaming…

This as-told-to essay is based on a conversation with 37-year-old Rita Ramakrishnan, who lives between New York and Toronto. The following has been edited for length and clarity.Growing up, I felt like there was something wrong with me. I’d often get compared to my sister, who paid attention, while I couldn’t concentrate and was inattentive.When I was diagnosed with ADHD in 2006, during my second year of university, the glass shattered. There was a reason for all the things I perceived as personality flaws.I landed my first job out of college as an analyst at Accenture in 2010. I continued…

This as-told-to essay is based on a conversation with Claudio Fuentes, 31, who is the cofounder and COO of CompAI, which develops AI software for corporate compliance. Fuentes recently posted on X that his startup will no longer hire people who can’t work in-person five days a week at its New York office. This story has been edited for length and clarity.I’ve been in tech for the last 10 years. I spent the last four in Silicon Valley and relocated to New York in February. We started CompAI in January and launched a product in April. We’ve had a pretty…

This as-told-to essay is based on a conversation with Gabriela Marte, the parent of a child who attends Coral Cove Academy of the Arts in Broward County, Florida. Coral Cove is a public school that recently converted from a K-5 structure to K-8. It has been edited for length and clarity.When I enrolled my son at Coral Cove for kindergarten, he was struggling with a learning disability. Now he’s in fourth grade, he’s high achieving, and he’s excelling in reading and math.I didn’t have many expectations coming into Coral Cove. I received some positive recommendations from neighbors about the school,…

President Trump speaks as (L-R) White House Deputy Chief of Staff Stephen Miller, White House Chief of Staff Susie Wiles, Attorney General Pam Bondi, Secretary of Homeland Security Kristi Noem and Federal Bureau of Investigation Director Kash Patel listen during a roundtable discussion at the White House on Oct. 8. The administration held the roundtable to discuss the antifa movement after the president signed an executive order designating it as a “domestic terrorist organization.” Anna Moneymaker/Getty Images hide caption toggle caption Anna Moneymaker/Getty Images Earlier this month, President Trump hosted a roundtable at the White House about antifa, the far-left…

This as-told-to essay is based on a conversation with Christine Zhang, a 19-year-old startup cofounder, based in San Francisco. The following has been edited for length and clarity.I’m 19 years old, and people are trusting me with over a million dollars to build a company. At first, it seemed somewhat crazy, but I think this is a great opportunity.During the summer, I turned down an internship to spend two months living in a hacker house while building a startup with my college roommate and cofounder. I had no idea I wouldn’t be returning to Harvard for my sophomore year.After we…

The AICPA announced the rollout of its generative AI research tool, dubbed Josi, which provides secure, direct access to the AICPA’s professional standards, authoritative guidance and related information.Josi is named after Josiah Wedgwood, an 18th century potter and entrepreneur who is known as the father of cost accounting. The tool is intended to help users understand AICPA audit, attest, preparation, compilation, review and quality management standards, the AICPA Code of Professional Conduct, AICPA accounting and audit guides, and Public Company Accounting Oversight Board standards. Josi also simplifies and gives direct access to the Financial Accounting Standards Board’s standards and codification…

Paramount Skydance is about to implement its long-anticipated layoffs.David Ellison’s company is set to eliminate about 1,000 positions on Wednesday, a person familiar with the plans confirmed to Business Insider. Bloomberg was first to report the timing and size of the planned cuts.Paramount may be planning to shed more jobs later on, as Variety reported in August that the company’s new leadership could let go of 2,000 to 3,000 employees in total.Ellison promised investors he could deliver $2 billion in cost savings when he merged Paramount with his production company, Skydance. The merger closed in August.Paramount president Jeff Shell previously…

The Internal Revenue Service and the Treasury Department are proposing to get rid of the “domestic corporation look-through rule” for determining whether a real estate investment trust in the U.S. is controlled by foreign investors.The IRS and the Treasury issued a notice of proposed rulemaking last week that would modify the existing regulations for determining whether a REIT is domestically controlled by removing a rule that looks to the shareholders in determining whether foreign investors hold stock directly or indirectly. The Treasury and the IRS published proposed regulations in December 2022 setting rules for determining whether the stock of a qualified…

The Internal Revenue Service is confronting a daunting array of management and performance challenges in fiscal year 2026, according to a new report from the Treasury Inspector General for Tax Administration.The report, released Monday by TIGTA, discusses challenges such as the IRS’s reduced workforce and budget, operational efficiencies (and inefficiencies), taxpayer data protection, tax law changes, taxpayer services and taxpayer rights, information technology improvements and tax compliance.In terms of the reduced IRS staffing and budget, the report noted that between January and May 2025, the number of IRS employees dropped by about 25%, from approximately 103,000 to 77,000, as previously…