Auto giant starts looking for a new boss with over a year left on the current CEO’s contract
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Tavares has been under fire from U.S. dealers and the United Auto Workers union after a dismal first-half financial performance.
Scientists develop climate-resistant ‘short corn’ with larger yields
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'Short corn' could replace the towering cornfields steamrolled by a changing climate.
https://fortune.com/2024/09/23/scientists-develop-climate-resistant-short-corn-farming-industry/
Donald Trump is selling $100 coins, but the silver they’re made of is only worth $30
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"Trump Coins are designed by me,” he claims.
https://fortune.com/2024/09/23/donald-trump-selling-silver-coins/
Thousands of drug plants have gone uninspected by the FDA since 2019
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Under FDA’s own guidelines, factories that haven’t been inspected in five or more years are considered a significant risk and are supposed to be prioritized for “mandatory” inspections.
https://fortune.com/well/2024/09/06/fda-no-inspected-2000-drug-plants-before-covid-pandemic/
Mike Lynch’s widow hit with €222 million claim from lawyers of Bayesian superyacht builder whose CEO called boat ‘unsinkable’
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The Italian Sea Group says a lawsuit against Lynch's widow citing reputational damage wasn't sanctioned by the group.
https://fortune.com/europe/2024/09/23/mike-lynch-widow-lawsuit-lawyers-bayesian-superyacht-builder/
2024 health coach certification review: Catalyst Coaching Institute
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The health coach certification was deemed best for mentorship and skills assessment as part of Fortune's 2024 list.
Mike Lynch’s widow hit with €222 million claim from lawyers of Bayesian superyacht builder whose CEO called boat ‘unsinkable’
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The Italian Sea Group says a lawsuit against Lynch's widow citing reputational damage wasn't sanctioned by the group.
https://fortune.com/europe/2024/09/23/mike-lynch-widow-lawsuit-lawyers-bayesian-superyacht-builder/
2024 health coach certification review: Institute for Integrative Nutrition
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The health coach certification was deemed best for integrative medicine as part of Fortune's 2024 list.
California sues ExxonMobil for ‘deceiving’ public on plastic
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On Sunday, California Democratic Gov. Gavin Newsom signed into law a ban on all plastic shopping bags at supermarkets.
https://fortune.com/2024/09/23/california-sues-exxonmobil-plastic-pollution-recycling/
Boeing offers union 30% wage hike, annual bonus in bid to end strike
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Boeing said the revised offer is contingent on ratification by the end of the day on Sept. 27.
https://fortune.com/2024/09/23/boeing-offers-union-30-percent-wage-hike-annual-bonus-end-strike/
Marc Benioff blasts Microsoft’s Copilot AI tool as the next ‘Clippy’
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The Salesforce CEO said Microsoft Copilot doesn’t offer the same value as the newly released Agentforce.
BofA details clients’ 5 major economic fears—then knocks them all down
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“For now, we think the broader macro data flow does not point to recession," Bank of America's economics team wrote Monday.
Top Fed official calls for further interest rate cuts, focus on labor market
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Minnesota Fed president Neel Kashkari says policy “remains tight” and further rate cuts would depend on the state of the labor market.
The best 10-year CD rates: which one to choose?
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A 10-year CD is a long-term commitment, but locking in a high APY can lead to a big payoff. Here are the top rates this month.
https://fortune.com/recommends/banking/best-10-year-cd-rates/
America needs to ‘build, baby, build’ to fix the housing crisis, Moody’s says
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“Naturally, increased homebuilding comes to mind, but the type of properties that do get built should reflect varying price points and not just be concentrated on the upper end of the market.”
America needs to ‘build, baby, build’ to fix the housing crisis, Moody’s says
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“Naturally, increased homebuilding comes to mind, but the type of properties that do get built should reflect varying price points and not just be concentrated on the upper end of the market.”
OceanGate founder hopes tragedy inspires more deep-sea exploration
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“This can’t be the end of deep ocean exploration," said businessman Guillermo Sohnlein.
https://fortune.com/2024/09/23/oceangate-titan-sub-hearings-co-founder-tragedy/
Top Fed voice predicts ‘many more rate cuts’ in next year
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“It’s just not realistic to wait until problems show up,” he said. “If we want a soft landing, we can’t be behind the curve.”
https://fortune.com/2024/09/23/austan-goolsbee-predicts-interest-rate-cuts-federal-reserve/
Store credit card interest rates average 30% vs. 21% across all cards
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With holiday shopping season around the corner, experts recommend caution when your favorite store offers you a credit card.
Sam Altman and Apple’s legendary designer Jony Ive are collaborating on a secret AI project
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Product from iPhone designer and OpenAI CEO could grab $1 billion in funding by year’s end.
https://fortune.com/2024/09/23/jony-ive-sam-altman-undisclosed-ai-project/