In today’s CEO Daily: Diane Brady profiles Centene CEO Sarah London. The big leadership story: CFOs plan AI-related layoffs—but not as many as you might think. The markets: Up globally on reports of an Iran breakthrough Plus: All the news and watercooler chat from Fortune. Good morning. Sarah London, the youngest-ever female CEO to run…
Good morning. Call it the Hall of Blame. One time-honored tradition in business is to take credit for what goes well, blame disappointing results on factors beyond your control and lower the bar in tough times to be able to clear it so that your pay package remains intact. When Apple set performance targets for…
Good morning. Good morning. Phil Wahba writing this morning from New York. What’s a company to do when the founder has left—but hasn’t moved on? That’s the plight Lululemon, which reports earnings today after the bell today, finds itself in more than a decade after founder Chip Wilson departed its board. Though his methods have…
Good morning. How will AI impact Ray Dalio’s prognosis for the economy? The Bridgewater founder published a piece in Fortune this weekend, in which he argues that we are in stage 5 of what he calls the “Big Cycle.” (The global macro investor has studied the six stages of how major empires rise and fall,…
Good morning. Today is the 250th anniversary of the publication of The Wealth of Nations by Scottish economist Adam Smith, a foundational text of modern economics that inspired the U.S.’s founders to create an economy based on free markets, fair taxation, a natural division of labor and a state focused on protecting the basic conditions…