Belmond Ltd. has operated luxury train trips for 43 years, a journey that began with an inaugural launch connecting London and Venice and newer trips that cruise past castles and whisky distilleries in the Scottish Highlands or nestle up to the famed Machu Picchu in Peru. A subsidiary of luxury conglomerate LVMH, Belmond says there’s […]
Good morning! A wave of pay transparency regulations in different parts of the world are expected to go into effect over the next few years, but the majority of employers are unprepared to meet the new requirements. Around 71% of organizations say their pay transparency readiness has improved over the past year, according to a […]
On Thursday, Agora became the latest stablecoin company to attract the attention of deep-pocketed venture investors, as the crypto startup announced a $50 million investment led by the blockchain-focused VC firm Paradigm. Cofounded by Nick van Eck—the son of the prominent investment management CEO Jan van Eck—along with crypto veterans Drake Evans and Joe McGrady, […]
Donald Trump’s insistence that “spoiled” Japan imports more US rice is adding to Prime Minister Shigeru Ishiba’s problems ahead of elections that could sink his premiership after less than a year in office. Japan is one of more than 20 countries receiving letters this week from the US president warning of “reciprocal” tariffs from August […]
In an unsurprising turn of events, Linda Yaccarino’s tenure as CEO of X has come to an abrupt end. The former NBCUniversal exec’s tenure at the helm of Elon Musk’s social media platform looked destined to fail from the start, as Musk continually undermined her authority as CEO and complicated her already difficult mission (to […]
The Securities and Exchange Commission’s latest guidance invites an influx of applications for exchange-traded funds exposed to cryptocurrencies like Solana, Ripple’s XRP, and potentially even Trump’s memecoin, experts told Fortune. The guidance comes under the commission’s new chairman, Paul Atkins, a Trump appointee who is a contrast with previous leadership that sought to block the […]
More than 90 percent of X’s Community Notes — a crowd-sourced verification system popularized by Elon Musk’s platform — are never published, a study said Wednesday, highlighting major limits in its effectiveness as a debunking tool. The study by the Digital Democracy Institute of the Americas (DDIA), which analyzed the entire public dataset of 1.76 million […]
Good morning. Salesforce has reached a milestone with Agentforce. The Fortune 500 company’s autonomous AI agent platform recently surpassed 1 million AI agent-customer conversations, with agents now autonomously resolving 85% of all customer queries, according to Robin Washington, president and chief operating and financial officer (COFO) at Salesforce. The company officially launched Agentforce in October. […]
Ferrero International SA, a closely held Italian candy maker, is close to acquiring cereal producer WK Kellogg Co. for about $3 billion, according to people with knowledge of the matter. Talks are advanced and a deal could be announced this week, the people said, asking not to be identified discussing private information. Shares of Kellogg […]
Elon Musk said the notion that humans once managed an economy will seem quaint in the future, like “cavemen throwing sticks into a fire” in retrospect. The remarks came during a demonstration of his latest artificial intelligence, Grok 4, which he argued was the smartest in the world, better than almost all graduate students in all disciplines […]
