“It’s not true that no one needs you anymore.” These words came from an elderly woman sitting behind me on a late-night flight from Los Angeles to Washington, D.C. The plane was dark and quiet. A man I assumed to be her husband murmured almost inaudibly in response, something to the effect of “I wish […]
Apple Inc. has asked its largest suppliers to consider the feasibility of shifting 15% to 30% of its output from China to Southeast Asia in a dramatic shake-up of its production chain, the Nikkei reported. The U.S. tech giant asked “major suppliers” to evaluate the cost of such a migration, the newspaper cited multiple sources […]
After a sluggish spring, technology companies braving stock offerings in the public market are finding a warmer reception this month. The biggest test will come later this week, when Slack Technologies is expected to start trading through a direct offering. Slack’s chat and collaboration platform has become a workplace tool in 600,000 organizations, 95,000 of […]
Good morning. There are so many more things to say about Facebook’s announcement of Libra, its planned cryptocurrency, yesterday. The company is clearly playing a multidimensional chess game, with business, political and public relations implications in mind. o Facebook, in need of friends, appears to be trying to bring everyone under its new tent. Corporate […]
Good morning. Eamon Barrett, filling in for Adam. Fortune’s inaugural Brainstorm Finance conference kicks off in Montauk today, where big names from big banks will share the stage with crypto-crusaders and fintech innovators. Check in with Fortune for regular updates on the keynotes, beamed in from the Hamptons. But first, let me take you to […]
It took President Donald Trump more than 30 minutes into his speech–that included bashing his Democratic rivals and the “fake news” media–before telling more than 20,000 people what they came to hear. “I stand before you to officially launch my campaign for a second term as President of the United States,” Trump said Tuesday to […]
Shifting construction away from traditional sites and into factories could dramatically change the way we build. Will modular construction make a sustainable impact this time around?
Personalization will be the prime driver of marketing success within five years. Here are the capabilities companies need to develop to stay ahead of the curve.
A small group of winners captures much of the economic profit in the insurance industry. New research quantifies just how far ahead the leaders are—and what other insurers can do to catch up.
President Donald Trump officially opened his 2020 campaign Tuesday with a speech exaggerating what he’s done for the economy and against illegal immigration. Some claims from his rally in Orlando, Florida: ECONOMY TRUMP: “It’s soaring to incredible new heights. Perhaps the greatest economy we’ve had in the history of our country.” THE FACTS: The economy […]