America’s CEO aristocracy is delusional if it thinks it can keep gorging on obscene compensation while tossing crumbs to the workers who keep their empires afloat.
At the next meeting of the Business Roundtable—that gilded club of corporate royalty—someone might want to include a short history lesson on a woman named Marie Antoinette.
If Starbucks’ hotshot CEO Brian Niccol wants to learn what real leadership looks like, he should spend some time shadowing Lynsi Snyder, president of the beloved In-N-Out Burger chain.
While Niccol hopscotches the country in a Gulfstream jet and manages Seattle-based Starbucks remotely from Southern California, Snyder plays bass in a company rock band that raises money to fight substance abuse and human trafficking.
The Department of Justice disclosed this week that Delta agreed to pay $8.1 million to settle the agency’s fraud allegations that the airline violated the False Claims Act by awarding executive compensation exceeding the $425,000 limit Delta agreed to when it received nearly $12 billion in pandemic relief funds from the federal government.
Not what I’d expect from an airline whose CEO is hailed for his supposedly superior ethics.
Here’s why CEOs like Ford’s Jim Farley—who recently warned that “artificial intelligence is going to replace literally half of all white-collar workers in the U.S.”—might want to stop talking about AI’s job-replacement potential.
Imagine if former Delta executives took over a car rental company. Sadly, it’s not a hypothetical—and as Hertz customers are fast learning, the consequences are real, robotic, and painfully expensive.
Think your Hyatt call center rep sounds like they grew up in Chicago, where the company is based? They might have—before getting deported and rehired in El Salvador.
A deep dive into the dark world of corporate outsourcing—and the backgrounds of the people increasingly handling the sensitive personal data of millions of Americans.
American CEOs are salivating at the thought of artificial intelligence letting them pink slip legions of workers—freeing up more cash for themselves and their shareholders. But what’s good for the rank-and-file goose might be just as good for the CEO gander.
Some thoughts on why the best artificial intelligence has rightfully placed a bull’s-eye on the backs of many American CEOs.
“There’s a sucker born every minute,” P.T. Barnum once said.
That’s the target demographic for Chase Bank’s newly repositioned Sapphire Reserve credit card.
A cyberattack on Whole Foods’ main distributor exposed the fragility of America’s food infrastructure — and shattered the illusion of tech invincibility, even under Amazon’s watch.
If hackers can disrupt my yogurt, what happens when they target a diabetic’s insulin?
Why the U.S. aviation system isn’t immune to a tragedy like today’s Air India crash.