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Rare earth stocks find themselves underground on Monday as Treasury Secretary Scott Bessent said he expects that China and the U.S. will work out a trade deal in the near future. Meanwhile, stock markets largely soared on news of the trade optimism, with the Dow Jones Industrial Average up roughly 0.5%, the S&P 500 up 1%, and the Nasdaq up 1.6% as of midday Monday. Bessent, appearing on CBS’ “Face the Nation” Sunday news program, said that he anticipates that China will resume soybean purchases from the U.S., and that there could be an announcement on Thursday when President The President and Chinese President Xi Jinping meet in South Korea. “I’m not going…

In January 2025, subway riders at the 59th Street-Lexington Avenue station in Manhattan noticed a surprising new addition: spiked metal partitions between each fare gate. Some commuters called the partitions “silly and foolish.” Others said they were “a waste of money.” Over the past nine months, the Metropolitan Transportation Authority has rolled out the same spiked partitions to 183 stations across the subway network, with more on the way. Like spikes on a handrail prevent people from sitting on it, these metal screens (which the MTA calls “sleeves”) are designed to prevent people from hoisting themselves over the turnstiles. They’ve also turned what was already an…

I once attended a slide presentation given by an executive in a telcom company. The presentation was highly technical, but that was not the main problem. It was boring because the speaker was using back-to-back visuals and had zero connection to his audience. When the one-hour session came to an end, the entire audience filed out of the room but the executive kept talking. He was so focused on his visuals that he didn’t even realize the audience had left the room. This story illustrates the dangers of using slides. The speaker can easily lose touch with the audience, and the result is that the power you bring as a speaker gets lost. To retain your power when using…

Rumor has it that Palantir Technologies is poised for a stock split. An analyst for RBC Capital Markets recently polled investors, who reportedly indicated a desire for the software company to make such a move. “Retail investors are also largely focused on the potential for a stock split, and although this topic decreased quarter over quarter, it remains the most relevant topic,” analyst Rishi Jaluria stated, according to Investor’s Business Daily. He continued: “With Palantir’s $6 billion cash balance, we think retail investors may be starting to become frustrated by the company’s lack of willingness to return capital to shareholders given no apparent intere…

At last, the X-59 is airborne. NASA’s quiet supersonic airplane took to the skies in Palmdale, California, successfully landing back a few minutes later. While this initial sortie on October 28 was a subsonic check of basic systems and airworthiness, the flight represents the penultimate step toward reviving supersonic passenger travel over land. It also marks the beginning of a race to see which of three supersonic airplane ideas wins to become the dominant design of the 21st century. There’s Lockheed Martin’s X-59 dart-like shape developed to avoid the sonic boom. Then we have Boom Supersonic’s XB-1, which doesn’t look to avoid the sonic boom but to stop it from re…

Google-parent Alphabet beat Wall Street estimates for third-quarter revenue on Wednesday, as both its core advertising business and cloud computing unit showed steady growth. Shares of the company rose 6% in extended trading. The company reported total revenue of $102.35 billion for the quarter, compared with analysts’ average estimate of $99.89 billion, according to data compiled by LSEG. The cloud services and AI giant raised its capital expenditure forecast for the year to between $91 billion and $93 billion, compared with the estimates of $80.67 billion. Google Cloud remained one of Alphabet’s fastest-growing segments, benefiting from surging enterpris…

JPMorgan Chase’s new $3 billion global headquarters in midtown Manhattan was finally unveiled the week of October 20 after six years in the making. But rather than highlighting the Danny Meyer-curated food hall, imported taps that pour a perfect pint of Guiness, or lighting that adjusts with circadian rhythms, online attention has been focused on another feature of the 270 Park Ave. skyscraper. “Congratulations JPMorgan on the opening of your new headquarters!” billionaire Michael Dell posted on X last week, alongside a photo of what seems to be a trading floor in the new office. The image features row upon row of his company’s monitors in four-screen setups, dup…

In early 2023, Shopify made a bold and deliberate decision that rippled through its entire organization. Without warning anyone or conducting a phased rollout, they removed over 12,000 recurring meetings from employee calendars. They put a company-wide pause on all Wednesday meetings, and consolidated larger group sessions into a single window each week. From the outside, it looked like a scheduling adjustment. On the inside, it was an intentional reevaluation of how the company valued time, attention, and collaboration. Surprisingly, the decision resulted in very little chaos. Teams adapted and work moved. Space led to clarity surfacing. Shopify reported that the…

For decades now, tech companies have been promising us a future straight out of Star Trek. Instead of being confined to phones and computers, our digital lives would extend to a network of screens all around us, from connected TVs and smart fridges to kitchen countertop displays and car dashboards. The tech companies called this “ambient computing” or “ubiquitous computing” and extolled how it would get technology out of the way so we could focus on the real world. Here’s what we’ve got instead: Samsung’s smart refrigerators, which range from $1,899 to $3,499, have started showing advertisements on their screens. Amazon’s Echo Show smart displays now have …

What’s the best way to respond when customers, former fans, or anyone else criticizes your work? Taylor Swift just provided a perfect script for what to say. It’s a great example for any entrepreneur, business leader, or creator to follow. Swift’s 12th album, The Life of a Showgirl, released 10 days ago, is unquestionably a commercial success. It broke streaming records on Spotify with more than five million pre-saves, as just one example. But that doesn’t mean that everyone loves it. The reaction from music critics has been lukewarm and the reaction from fans is decidedly mixed, with some saying they adore the album and others saying they can’t stand it. One brand st…

The $500 million Los Angeles Dodgers’ thrilling World Series win over the Toronto Blue Jays attracted record international attention for Major League Baseball, affirmed LA’s status as the sport’s best team and drew more attention to baseball’s payroll disparity heading into what is likely to be contentious labor negotiations. Los Angeles’ 5-4, 11-inning win over Toronto in Game 7 on Saturday night capped a postseason with seven winner-take-all games, two more than any previous year. Shohei Ohtani is building a case as the sport’s best player ever with his unprecedented two-way performances, captivating audiences outside the U.S. unlike any previous player. “It just abs…

Saudi oil giant Aramco reported Tuesday a $26.9 billion profit in the third quarter, down slightly from last year as global energy prices remain depressed over concerns of too much oil being on the market. Aramco’s results serve as a bellwether for the wider oil industry, which is still digesting the OPEC+ decision this weekend to halt planned production increases in the first quarter of next year over supply worries. Benchmark Brent crude, at just under $65 a barrel, has been fluttering near a four-year low. In filing on Riyadh’s Tadawul stock exchange, Aramco, formally known as the Saudi Arabian Oil Co., reported overall revenue of $111 billion in the third quarter, c…

There are many, many maps of New York City. There are the decor maps, sold on Amazon, and the tourist maps, which mostly focus, erroneously, only on Manhattan. There’s the iconic subway map, as well as the MTA’s new version. There’s the Eater and Grubhub maps, which tell us where to eat. And then there’s the map that really matters: the official legal map for the city, which quite literally rules the streets of the city, complete with boundaries and widths. It’s also the map that doesn’t currently exist, at least in one singular and easy-to-use form. That’s changing, though. On Tuesday night, New Yorkers appeared poised to approve Proposal 5, a measure that will…

TD Bank is getting ready to implement a number of branch closures across more than a dozen states on the East Coast. Those closures come at a time when the bank is increasingly shifting its focus to online banking. Here’s what you need to know about TD Bank’s branch closures, including a list of closing locations. Why is TD Bank closing some of its branches? TD Bank is closing some of its branches as part of a broader plan to reduce or relocate 10% of its retail footprint. “At Investor Day last month, TD shared plans to deliver a stronger, more scalable U.S. retail presence through significant store enhancements, tech-forward digital banking capabilities, and …

On November 3, Vogue announced that it’s folding the sister publication Teen Vogue into Vogue.com. Now, the internet is mourning the loss of a rare publication that “took young people seriously.” The news came in the form of an article posted to Vogue’s business vertical. Per the post, the transition is “part of a broader push to expand the Vogue ecosystem.” The article goes on to explain that Teen Vogue “will remain a distinct editorial property, with its own identity and mission,” and that the publication will “focus its content on career development, cultural leadership and other issues that matter most to young people.” Further, it notes that Teen Vogue e…

Qatar Airways will sell its stake in Hong Kong-based Cathay Pacific Airways in a share buyback valued at $896 million, the companies announced, ending the Qatari carrier’s eight-year involvement with the airline. The announcement came late Wednesday in a stock market filing by Cathay Pacific, which saw its shares gain 4.2% on the Hong Kong Stock Exchange on Thursday. Under the agreement, Qatar Airways will sell all of its holdings, which represent 9.57% of Cathay Pacific stock. The airline’s other major shareholders are Swire Pacific and Air China. The plan is subject to shareholder approval. “The buy-back reflects our strong confidence in the future of the Cathay Grou…

Many organizations are racing to build AI strategies, but too often they focus on adopting the latest tech, rather than creating the environment to support it. The reality is that lasting transformation is fueled by people, which requires companies to take a good look at their culture. At Architech, that’s exactly what we did. By prioritizing and rewarding innovation, we aligned our culture with our AI strategy—and it worked. This year, we are proud to be recognized as one of Fast Company’s Most Innovative Workplaces. We are one of 10 companies globally recognized by Fast Company for excellence in AI, automation, and machine learning. Here’s how we built an award-…

Dole invented a new fruit. The Dole Colada Royale Pineapple is sweet and tangy with notes of coconut and, as the name suggests, piña colada. Unlike its golden yellow counterpart, the Colada Royale has a cream-colored pulp with a green-to-golden shell. It also took more than 15 years to get it just right. The suggested recipes the company released with the new fruit include snacks like a pineapple and coconut carpaccio and a basil-wrapped pineapple with pine zest. Clearly this is meant to be a luxury pineapple experience. The fruit, which is now available in select grocery stores in the U.S. and Canada, is 100% non-GMO and naturally bred. The company didn’t share i…

The headlines are clear: AI is disrupting entry-level jobs across industries, including consulting and professional services. There’s just one problem. Eliminating these roles overlooks a critical business need—your pipeline of next generation leaders. The rush from pyramid to diamond workforce models is short-sighted. In the pyramid model, you grow leaders from the ground up. In the diamond model, you cut the base and bet on later-stage talent to carry the weight. It may look efficient now, but it comes at the expense of long-term leadership development. If we don’t shift the trajectory, it’s likely to worsen the leadership gender gap. Despite women outpacing men…

Now that Halloween has come and gone, you might have wrongly assumed that candy season is over. Not if the Hershey Company anything to say about it. In fact, the sweets are just getting started. On its first-annual holiday virtual preview this week, the confectionary company revealed four exciting new products and explained how the company is stocked and ready to make the hectic holiday season even sweeter. Here’s what to know: What new items does Hershey have up its sleeve? Hershey announced four new treats that will hit shelves this holiday season: Hershey’s Kisses Snickerdoodle Cookie Candy Kit Kat Peppermint Stick Reese’s Mini Trees Hers…