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How Allbirds Lost Its Way
Quality complaints—and intractable holes—have dogged the hot shoe company, which rolled out an assortment of new products but found environmental sustainability a tough sell. Source
Venture Firms Scale Back Megafunds
The prolonged startup bear market is forcing some venture firms to unwind investments and scale down expansion plans. Source link
United Pilots Would Get Raises of Up to 40% Under Preliminary Deal
The pact follows agreements at Delta and American that included significant raises for pilots. Source link
The Big Question for Managers on AI: Who Gets the Job of Figuring It Out?
Companies create committees and teams to seize on the potential of artificial intelligence as executives debate how best to handle the technology. Source link
Did Elon Musk Really Just Go There? The Long History Behind His Bawdy Humor
This week’s spat with Mark Zuckerberg highlights Musk’s flirtation with blue jokes that has both helped and hindered him. Source link
Weeks of Extreme Heat Strain Small Businesses and Economy
July 15, 2023 12:01 am ET Listen to article (2 minutes) Heat waves stretching across large parts of the globe are straining power grids and
Here's How Twitter Could Become Irrelevant
Threads has many, distinct qualities that make it the first credible threat. Source link
U.S. Virgin Islands Seeks $190 Million From JPMorgan Over Epstein Suit
The U.S. Virgin Islands filed the lawsuit last year alleging that the bank ignored red flags about Jeffrey Epstein’s behavior because he was bringing in
Zuckerberg Channeled 'OG Mark' to Fast-Track Effort That Became Threads
The launch of Threads was the culmination of a secretive, monthslong effort aimed at rewriting the narrative about Meta Platforms and Mark Zuckerberg’s leadership of