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Levi Strauss heir Daniel Lurie helped lure the Super Bowl when Levi’s Stadium was under construction. Now he’s mayor for the $440 million windfall...
Since taking office in 2025, San Francisco Mayor Daniel Lurie has been on a mission to shake the city out of a post-pandemic economic slump. A political outsider, Lurie was previously best known as the heir of the Levi Strauss...
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New Disney CEO Josh D’Amaro stands to make $45 million, but he’ll also get something priceless—a ‘clean break’ with Bob Iger | Fortune
Walt Disney’s new CEO, Josh D’Amaro, has been set up with a lucrative pay package for his first year, with a total grant-date value of roughly $45 million and a mandate to lead one of the most exciting and...
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Trump demands $1 billion from Harvard | Fortune
President Donald Trump is demanding a $1 billion payment from Harvard University to end his prolonged standoff with the Ivy League campus, doubling the amount he sought previously as both sides appear to move further from reaching a deal.The president raised...
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‘Space-based AI is obviously the only way to scale’: Elon Musk hatches grand plan as he merges SpaceX and xAI | Fortune
Elon Musk is joining his space exploration and artificial intelligence ventures into a single company before what’s expected to be a massive initial public offering for the business later this year.His rocket venture, SpaceX, announced on Monday that it...
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Did Target’s CEO miss the mark by ignoring Minnesota? | Fortune
Good morning. If you read brand new Target CEO Michael Fiddelke’s first message as chief to customers, employees and partners, you could be forgiven for not realizing that the retailer currently finds itself in the maelstrom surrounding immigration raids...
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Indonesia’s Danantara bets a new $6B SOE can save a textile industry from Trump tariffs and foreign competition | Fortune
Indonesia plans to establish a new state-owned enterprise (SOE) to rejuvenate its struggling textile and garment industry and shield it from fallout from U.S. President Donald Trump’s tariffs.The decision, announced on Jan. 14 by Airlangga Hartato, Indonesia’s coordinating minister...
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‘We are an n of 1’: Palantir hails ‘incredible’ earnings as stock rockets nearly 8% after hours | Fortune
Palantir Technologies declared, “We are an n of 1” in the artificial intelligence software market on Monday, as the data analytics group reported yet another set of record quarterly results, sending its shares surging nearly 8% in late trading.Investors cheered a...
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Oracle said it was ‘highly confident in OpenAI’s ability to raise funds and meet its commitments.’ Cue the stock fall | Fortune
Oracle opened the day higher on plans to raise $50 billion for AI infrastructure. It closed lower after reminding investors who that infrastructure is for.The company said Sunday night that it planned to raise up to $50 billion in...
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Why Bitcoin is in a bear market: Analyst points to 3 factors after currency swoons below $75,000 | Fortune
It’s February and many traders are feeling a chill that feels a lot like crypto winter. Bitcoin dropped below $75,000 on Sunday, the latest in a series of slides that have dragged down the original cryptocurrency since last autumn. ...
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Amazon shares fall as it joins Big Tech AI spending spree
Major firms collectively announce $650bn worth of investment in AI this week, rattling investors.
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