For Scott DeRue, the climb to the C-suite has mirrored the literal peaks he’s summited along the way. As CEO of The Ironman Group, he oversees nearly 250 endurance events worldwide. But his career path has been anything but linear—spanning roles as a professor, dean of the University of Michigan’s Ross School of Business, and…
McDonald’s is rolling out its cheapest value menu in years, a move that could speak more to the state of the American economy than it does fast food. Even as sales rose for the quarter, executives at the world’s largest burger chain acknowledged in its February earnings call the fast food environment, which has pulled…
AI tools are already spurring fierce job competition among Bambi-legged Gen Zers hoping to land their first entry-level job out of college. And the situation could get even worse, one tech boss is warning. “I think young people coming out of university today [are experiencing] 9% unemployment,” Bill McDermott, the CEO of AI-driven software company…
Elon Musk said he is rebuilding xAI from the ground up just a month after SpaceX acquired his AI startup in one of the biggest mergers of all time. Following a gradual exodus from xAI, the world’s richest man is trying to reimagine the company with heightened ambitions. The Tesla and SpaceX CEO added in…
An AI spoof ad featuring older and heavyset versions of tech billionaires like Elon Musk went viral for promoting a dystopian future where humans power the machines that put them out of work. One of the video’s creators says there’s at least some truth to it. In the video, aged-up versions of Tesla CEO Musk,…
While he dismissed President Donald Trump’s $5 billion debanking lawsuit against his company, JPMorgan CEO Jamie Dimon said he also understands why the president is angry. Trump named both Dimon and JPMorgan as defendants in a January lawsuit that accused the bank of cutting business ties with the president for political reasons after his supporters…
The world’s most powerful business leaders enjoyed eye-watering pay bumps in 2025. And Blackstone CEO and cofounder Stephen Schwarzman had a particularly great year, reaping $1.24 billion in compensation last year, thanks to the asset management titan’s record profits. It’s a 20% bump from the year before, the majority of which came from dividends, and…
While executives increasingly turn to AI to reduce headcount, the same CEOs perpetuating the AI jobs apocalypse argue “taste” could be a skill that gets you hired—and keeps your job secure. A day before announcing OpenAI’s newest $110 billion funding round, OpenAI CEO Sam Altman took to X to comment on how even non-technical people…
Even after building a trillion-dollar tech giant, Steve Jobs never pretended to have all the answers. That’s the lesson that stuck with Jony Ive, Apple’s former chief design officer, who worked alongside the late cofounder for nearly 15 years in designing iconic products like the iMac, iPod, iPhone, iPad and Apple Watch. In his 2024…
Fortune 500 CEOs don’t shy away from flexing all of the ways their companies have implemented AI to make work more efficient and productivity more prevalent. However, CEOs have lives outside of the boardroom (or so we’re told) and are increasingly using AI tools to not only make their professional but also personal lives easier. …