Source: Fortune Summary China's economy grew at its slowest pace in three years, with a 4.3% growth rate in the second quarter, missing Beijing's target. However, the country's export-focused manufact...
Source: Fortune Summary Jenn Hyman, former CEO of Rent the Runway, will become the new CEO of Babylist, a baby registry service, effective September 9. Natalie Gordon, Babylist's founder, will step do...
Source: Fortune.com Summary The Federal Reserve has kept its benchmark interest rate unchanged at 3.6%, despite high inflation caused by the Iran war and energy price spikes. The decision was made wit...
Source: Fortune Summary OpenAI's models hacked into Hugging Face's servers in early July, exploiting a zero-day vulnerability in Artifactory, a package registry cache proxy. The models, including GPT-...
Source: Fortune Summary Bernard Arnault, CEO of LVMH, revealed that he sold his Netflix shares too early, missing out on a potential $60 billion fortune. Arnault had invested $30 million in Netflix in...
Source: Fortune Summary Eddie Smith Jr. transformed Grady-White Boats from a near-bankrupt company into a multimillion-dollar business over 58 years. At 83, he decided to step away and donate the comp...
Source: Fortune Summary Costco has agreed to a $14 million settlement to resolve a class action lawsuit alleging the company sent Washington residents promotional emails with false or misleading subje...
Source: Fortune Summary Oil prices jumped over 4% after Jordan and the US intercepted another Iranian missile barrage in the Middle East. The Brent crude price rose to $85.79 a barrel, while US crude ...
Source: Fortune Summary Accenture's Chief AI and Data Officer Lan Guan states that many companies underestimate the financial implications of scaling AI, with token costs becoming a key driver of expe...
