82-year-old CEO grew a $7.8 billion fortune from company shares—now she’s selling stock to charity and signed Bill Gates' pledge to give away 99%

82-year-old CEO grew a $7.8 billion fortune from company shares—now she’s selling stock to charity and signed Bill Gates’ pledge to give away 99%

CEOs with major controlling stakes in their billion-dollar companies have the power to make themselves richer and richer, but one 82-year-old tech leader isn’t cashing in for herself. Judy Faulkner, the CEO of Epic Systems, has been selling her non-voting shares back to the company—and redirecting the profits elsewhere. “I’ve never cashed a single share…

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Warren Buffett's Berkshire Hathaway sold stocks and didn't snap up bargains even as markets crumbled after 'Liberation Day'

Here’s the one-page memo Warren Buffett sent to his managers every two years for over 25 years

Even though he may seem like an easy-going, Coca-Cola-loving old man, he admits his leadership style can sometimes be “ruthless.” In fact, the billionaire sent a stark reminder to his manager every two years of his nonnegotiables, which include “to zealously guard Berkshire’s reputation,” something he believes is the foundation of the entire enterprise. “We…

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What Fashion and Beauty Professionals Want From Employers

What Fashion and Beauty Professionals Want From Employers

In the five years since the start of the Covid-19 pandemic, the fashion and beauty industries have navigated significant transformation amid ongoing geopolitical unrest, a turbulent economic climate and the mounting climate crisis. Such change is ushering in a workplace reckoning, with employees across the world reassessing where their professional priorities lie. Needs have changed…

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Europe’s automotive industry at a crossroads

Europe’s automotive industry at a crossroads

Around 1.8 million BEVs were produced in Europe in 2024 (including the EU, UK, EFTA and Serbia, T&E calculations), very close to those sold in the same year (2 million). Germany leads the way with 1.2 million BEVs produced, followed by France with 330,000. Based on the current EU regulation on car CO2 standards, the…

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Bill Gates was right to defend USAID amid Elon Musk’s attacks—take it from someone who experienced its impact

Bill Gates was right to defend USAID amid Elon Musk’s attacks—take it from someone who experienced its impact

Butch Meily is president of the Philippine Disaster Resilience Foundation, IdeaSpace, and QBO Innovation. He is the author of the new memoir From Manila to Wall Street: An Immigrant’s Journey with America’s First Black Tycoon. In 1961, U.S. President John F. Kennedy created a new federal agency, the United States International Agency for Development (USAID)….

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An Architect of the Capitol worker wheels a bin full of empty pizza boxes from Speaker Mike Johnson’s office Wednesday as House Republicans seek to pass a budget reconciliation package.

Vibe shift in House as Trump, GOP leaders begin to flip votes

Republican opposition to the GOP’s “big, beautiful” reconciliation bill appeared to be softening Wednesday night after President Donald Trump and White House budget director Russ Vought spent hours meeting with party holdouts during procedural votes that party leaders held open. House leaders have no desire to change the contents of the Senate-passed bill, which would…

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