Elon Musk, the billionaire CEO of Tesla and one of the world’s richest individuals, has appointed Mahmoud Reza Banki as the new CFO of X, formerly Twitter. This marks the first publicized appointment of a CFO since Musk acquired the social media platform in 2022 and dismissed key executives, including...

China’s economy, with an output of $18 trillion in 2024, surpasses the combined GDP of 30 other Asian countries, which totals $16.5 trillion. This group of nations includes economic powerhouses like Japan, India, and South Korea, which rank as the 4th, 5th, and 12th largest economies globally, with GDPs of...

A recent leadership shake-up at LVMH, the luxury conglomerate led by billionaire Bernard Arnault, has resulted in a new executive role for one of his children as part of a broader reorganization within the group. LVMH announced in a press release that six executive appointments were made following consultations between...

Transgender individuals have long faced challenges in gaining acceptance and recognition worldwide. However, recent progress has seen them making significant strides across various industries. Jennifer Pritzker, the world’s richest transgender person, serves as a shining example of this advancement. Born as James Pritzker, Jennifer joined the US Army at 23...

Amazon founder Jeff Bezos and Oracle co-founder Larry Ellison have continued their back-and-forth rivalry for the No. 2 spot on the world’s billionaire rankings. As of Thursday afternoon, Ellison narrowly edged out Bezos, with an estimated net worth of $228.4 billion compared to Bezos’ $227.3 billion. Both remain behind Tesla...

Imagine walking into your office, where an AI assistant is ready to greet you, manage your schedule, and proactively suggest strategic decisions based on real-time market analysis. As you sit down, you see a notification from your AI negotiation agent: "Hi John, good news! We’ve just negotiated a better deal...

Half of the nation is struggling with the shock that a former president who staged an insurrection has been reelected. It recalls the shock when Marion Barry, after being imprisoned for smoking crack, was reelected mayor of Washington, DC. Then as now, the shock can be relieved by finding humility...

I delivered a three-hour workshop to a CEO Peer Advisory Group recently, where one of the members talked about the difficulty (putting it mildly) of having a civil conversation with someone who stands on the opposite side of one’s political views. He described how emotion instantly hijacks such an encounter....

It’s easy to state in a strategy document that well-being is a priority, in the hope of providing fulfillment to every individual. And quite another to do it in practice. Many companies struggle with the development of  strategy and associated approval process. Indeed, the strategy itself can become the source...