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Why do family companies even exist? They know how to ‘win without fighting’
When you hear the phrase “family business,” you might think of the backstabbing Roys of “Succession” or the dysfunctional Duttons of “Yellowstone.” But while TV’s family companies are entertaining, their real-life counterparts may be even...
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Larry Summers’ sexism is jeopardizing his power and privilege, but the entire economics profession hinders progress for women
House lawmakers released damning correspondence between economist Larry Summers and the late convicted sex offender Jeffrey Epstein on Nov. 12, 2025. The exchanges, which were among more than 20,000 newly released public documents, documented how...
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Why smart CEOs are looking past the rosy ‘record Black Friday’ headlines | Fortune
Good morning. I’ve spent the past several days digesting consumer data. Countless headlines breathlessly trumpeted a Black Friday bonanza after MasterCard Spending Pulse estimated retail sales rose 4.1% to a new record on shopping’s biggest day of the year,...
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Gold Reserve Provides Update in CITGO Sale Process: Multiple Parties Appeal Final Sale Order
Article contentPEMBROKE, Bermuda — Gold Reserve Ltd. (TSX.V: GRZ) (BSX: GRZ.BH) (OTCQX: GDRZF) (“Gold Reserve” or the “Company”) announces that today it filed a notice of appeal to the U.S. Court of Appeals for the Third Circuit (the “appeals...
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Still don’t have a REAL ID? Starting in February, air travelers without one will be charged a $45 fee | Fortune
Air travelers in the U.S. without a REAL ID will be charged a $45 fee beginning in February, the Transportation Security Administration announced Monday.The updated ID has been required since May, but passengers without it have so far been allowed to clear...
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Costco joins companies suing for refunds if Trump’s tariffs fall | Fortune
Costco Wholesale Corp. joined a fast-growing list of businesses suing the Trump administration to ensure eligibility for refunds if the US Supreme Court strikes down the president’s signature global tariffs policy.The nation’s biggest warehouse club chain is among dozens of companies to...
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Extended holiday sales, effectively Black November, is ‘confusing’ for customers and dilutes shopping ‘sparkle’ of Black Fridays and Cyber Mondays past | Fortune
It used to be that the frenzy of Black Friday and Cyber Monday was tied to a set few days at the end of November.That’s no longer the case.The window for holiday-timed sales has crept up earlier and earlier,...
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Luigi Mangione watches footage of cops approaching him at Altoona McDonald’s as courtroom hearings commence | Fortune
Luigi Mangione watched stoically in court Monday as prosecutors played surveillance videos showing the killing of UnitedHealthcare CEO Brian Thompson on a New York City sidewalk last year and Mangione’s arrest five days later at a McDonald’s in Pennsylvania.The videos, including...
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Colleges risk getting it backwards on AI and they may be hurting Gen Z job searchers | Fortune
Most higher education has AI backward. Rather than evolving curricula to prepare students for an AI-driven workforce, some universities have restricted AI use, primarily over fears of cheating and misuse. AI didn’t create cheating behavior; it simply changed the...
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New York’s wealthy warn of a tax exodus after Mamdani’s win – but the data says otherwise
New York’s mayor-elect, Zohran Mamdani, campaigned on a promise to raise the city’s income tax on its richest residents from 3.9% to 5.9%. Combined with the state income tax, which is 10.9% for the top...