Graphic: Images: Krisztian Bocsi/Bloomberg, Chip Somodevilla, Kevin Dietsch / Staff, Kayla Bartkowski The second official week of President Donald Trump’s administration was much like the first — full of chaos and growing pains. The president spent this week signing new executive orders, playing an — economically — dangerous game of chicken with Colombia, weighing in…
Elon Musk and Sam Altman at the Vanity Fair New Establishment Summit on October 6, 2015, in San Francisco, California. Photo: Michael Kovac (Getty Images) Elon Musk’s role in the coming Trump administration reportedly has some of his business rivals worried — including his OpenAI co-founder, Sam Altman. In November, Musk expanded his lawsuit against…
Good morning, Quartz readers! HERE’S WHAT YOU NEED TO KNOW Donald Trump won the presidency. Here’s what that means for everything from tariffs to immigration. Sales of Novo Nordisk’s blockbuster weight loss drug Wegovy continue to soar Wall Street was exuberant at the Republican’s win. Markets soared the day after the election was called. One…
Photo: Michael M. Santiago (Getty Images) The Dow Jones Industrial Average fell more than 250 points Thursday mid-morning, alongside sharp Nasdaq and S&P 500 declines, following earnings reports from Microsoft (MSFT) and Meta (META), as both tech giants grapple with challenges in meeting the surging demand for AI. Meta stock fell about 3% in Thursday…
Starbucks headquarters at Starbucks Center on July 3, 2024 in Seattle, Washington.Image: David Ryder (Getty Images) Starbucks (SBUX) has warned its corporate staff that failing to work in the office three days a week could lead to termination. The mandate is part of the coffee chain’s “standardized process,” set to launch in January, according to…
In This Story Elon Musk is the richest person on the planet right now. That’s probably part of why he’s fine with former President Donald Trump’s economic plans causing, in his words, “temporary hardship” in the pursuit of a healthier economy years down the road. Audiences will be major beneficiaries of AI in the media…