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Business Innovation

AI is changing work faster than the data can keep up | Fortune

No one can agree on whether AI is taking away jobs.Recent studies have shown AI having a positive impact on job growth and opportunities, yet large groups of economists, as well as labor activists, warn that the emerging technology...

Singapore’s IPO reboot sees 3.5x the listings and over $3 billion raised, as reforms bring bourse revenue up 14% via dual listing bridge with...

Singapore’s bourse reported a 14% jump in yearly revenue to $1.17 billion, after the country rolled out a series of market reforms in 2025 aimed at revitalizing its sluggish stock market. The measures, which included tax rebates for newly-listed...

Forget robots on assembly lines. Foundational Industries wants AI to run the entire factory | Fortune

His startup, Foundational Industries, just raised a $25 million seed round, Fortune learned exclusively, to build factories where AI runs the whole operation rather than bolting automation onto an old assembly line. The round was led by BoxGroup and...

Ultra wealthy are looking to leave the U.K. thanks to tax hikes—but the CEO of $1 billion tax platform says it’s their ‘social responsibility’...

The number of British millionaires has dropped to its lowest level in nearly two decades—and high taxes under the Labour government and persistent inflation are being blamed. Last November, the nation’s business secretary admitted he was worried that billionaires,...

WPP’s sweeping restructure could save £500 million—the bigger challenge might be winning over workers | Fortune

When Cindy Rose replaced Mark Read as CEO of WPP in October last year, she inherited a business in decline. The advertising company had recently issued a fresh profit warning after a sharp decline in revenues and the loss...

Samsung’s North America CEO says the smartphone is just an entry point to ambient AI of the home | Fortune

Good morning. With Apple likely to launch a foldable iPhone this fall, category pioneer Samsung will this morning try to cement its lead in the premium category. To get a sense of what’s at stake, I spoke with Yoonie...

FedEx’s CEO landed his first job by taking a roommate’s abandoned interview. Now he’s running a $75 billion shipping giant | Fortune

Workers may believe that they need the right connections or flashy credentials to launch their careers. But sometimes, simply saying yes—and leveraging a stroke of luck—can be the most effective way to get a foot in the door. Raj...

The $124 trillion Great Wealth Transfer is more than just cash: More U.S. businesses are now being inherited than bought, BofA finds | Fortune

It’s not just the Murdochs or the Arnaults. As family-owned companies change hands, new data shows more American businesses are now being inherited than purchased—part of the broader Great Wealth Transfer marking a shift in how the next generation...

Logistics company C.H. Robinson achieved a 45% productivity gain with AI agents. Here’s the secrets of its success. | Fortune

Hello and welcome to Eye on AI. In this edition:How Fortune 500 logistics firm C.H. Robinson became an AI success storyApple sues OpenAI for theft of trade secretsEconomists urge policymakers to take the threat of AI seriouslyA new method...

Goldman economist offers a reality check on AI adoption: it took 15 years for computers to really show up in the data | Fortune

Are you feeling a little underwhelmed by AI’s transformation of the economy? The so-called “fifth industrial revolution” is supposed to wipe out half or even all of white-collar work and yet adoption is kind of begrudging, even optional for...
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Man arrested after boat capsizes near Statue of Liberty killing woman and infant

The operator of a boat that overturned and capsized near the Statue of Liberty, killing a woman and a...
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