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Nvidia witnessed an unprecedented stock market crash on Tuesday, erasing $279 billion in market value in what is now the largest single-day loss ever recorded in U.S. history. To put the scale of this loss in perspective, it exceeds the total market capitalization of several major American corporations, including McDonald's...

A new report from the Institute for Policy Studies reveals that the CEOs of some of the largest companies employing low-wage workers in the US are prioritizing their own short-term gains over long-term investments. The report highlights that these companies are spending far more on stock buybacks than on capital...

A total of 102 Non-Resident Indians (NRIs) made it to the 2024 Hurun India Rich List, representing nearly 79% of all self-made billionaires. The United States leads the way with 46 NRIs on the list, while Gopichand Hinduja and his family hold the top spot as the wealthiest NRIs, with...

The Greek philosopher Heraclitus is often attributed to the quote ‘change is the only constant’.  I think there’s one more: the role of the CEO. Despite the growing tough expectations from boards & shareholders, rising global challenges from war, geopolitical issues, inflation, supply chain issues to name a few, the...

Telegram's CEO, Pavel Durov, was apprehended by French authorities at Le Bourget Airport, north of Paris, shortly after his private jet landed. Officials disclosed that the 39-year-old billionaire was detained in connection with an ongoing investigation related to Telegram’s moderation policies. The inquiry reportedly focuses on Durov's alleged failure to...

As AI dramatically transforms the business landscape, I am powerfully reminded each day that the essence of humanity—empathy, intuition, and that indispensable personal touch—remains paramount. In my role as CEO of the world's largest property restoration company, I witness the profound truth that one person CAN make a difference, and...

Middle East businesses experienced significant growth in 2023, with a combined revenue increase of 6.2% year-on-year. This impressive performance was primarily driven by the energy sector, alongside strategic investments from private equity and sovereign wealth funds, particularly in the UAE and the Kingdom of Saudi Arabia. Reflecting this positive market...

According to Inc.'s annual CEO Survey, a substantial 90.5% of CEOs from Inc. 5000 companies have either adopted or plan to incorporate AI into their operations. Additionally, 63.2% of CEOs anticipate leveraging generative AI for sales tasks. Among these businesses is PostPilot, based in Spartanburg, South Carolina, which is taking...

Business leaders across the United States are expressing a more optimistic outlook on inflation, with expectations for the coming year showing a notable decrease. In July, CEOs and top executives predicted that inflation would be around 3.4% over the next 12 months, down from the 3.8% they anticipated back in...

The WNBA has seen a dramatic rise in popularity, largely attributed to superstar rookies Caitlin Clark and Angel Reese. However, neither Clark’s Indiana Fever nor Reese’s Chicago Sky are the league's most valuable team. That title belongs to the Dallas Wings, despite their struggles on the court this season. The...