Bitcoin jumps over $62,000 on sparkling jobs report
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Bitcoin rose 3% in 24 hours as the latest jobs report pointed to strength in the U.S. economy.
https://fortune.com/crypto/2024/10/04/bitcoin-jumps-over-62000-on-sparkling-jobs-repor/
Yoga studio entrepreneur pleads guilty to dodging $2.5 million in taxes
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Yoga studio mogul pleads guilty to dodging $2.5 million in taxes.
https://fortune.com/2024/10/04/yoga-studio-mogul-pleads-guilty-taxes/
Jobs report stokes Wall Street rally that erases the week’s earlier losses
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Wall Street soared Friday on news that employers are still hiring in strong numbers.
https://fortune.com/2024/10/04/stock-market-today-jobs-report-dow-sp500-nasdaq-6/
GM halts production at 2 major plants due to Hurricane Helene
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The company did not have a timeline for when the factories would be up and running again.
https://fortune.com/2024/10/04/gm-halts-production-hurricane-helene-michigan-texas-trucks-suv/
Jobs report stokes Wall Street rally that erases the week’s earlier losses
?w=2048
Wall Street soared Friday on news that employers are still hiring in strong numbers.
https://fortune.com/2024/10/04/stock-market-today-jobs-report-dow-sp500-nasdaq-6/
Air traffic controllers are so overworked, the FAA created a shortcut for new college grads
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Facing shortages and close call collisions, the government is making it easier for graduates to become air traffic controllers.
https://fortune.com/2024/10/04/air-traffic-controllers-staffing-shortage-new-grads-faa/
Spirit Airlines might go bankrupt months after calling off a sale to JetBlue—and its stock is in a tailspin
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Restructuring could come after a failed merger with JetBlue.
https://fortune.com/2024/10/04/spirit-airlines-bankruptcy-stock/
RSV can be deadly, especially for older adults. What to know about symptoms and the new vaccine
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About 6,000 to 10,000 people 65 and older die from RSV in the U.S. annually, the CDC says.
https://fortune.com/well/article/rsv-vaccine-seniors-older-adults-pfizer-moderna-gsk/
Meta faces new limits on ad-targeting in Europe as nemesis Max Schrems wins again at EU’s highest court
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Facebook nemesis Max Schrems strikes again.
https://fortune.com/2024/10/04/meta-faces-new-limits-on-ad-targeting-court-of-justice-cjeu-schrems/
Jamie Dimon says America used to be a ‘can-do nation’—now it’s as bureaucratic as Europe
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"America is still this unbelievable thing. We should be extolling that and disseminating best practices—and fixing the policies that don't work."
https://fortune.com/2024/10/04/jamie-dimon-america-can-do-attitude-europe-red-tape/
How Mark Zuckerberg gained more wealth than anyone else this year to become the world’s second-richest person
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The Meta CEO is now behind only Elon Musk for the title of world’s richest person.
Facebook just updated its feed—get ready for more content from strangers
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One new change is Facebook Dating's Matchmaker feature to let your friends pick your dates.
https://fortune.com/2024/10/04/facebook-update-meta-ai-dating-local-explore/
How Mark Zuckerberg gained more wealth than anyone else this year to become the world’s second-richest person
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The Meta CEO is now only behind Elon Musk for the title of world’s richest person.
A ‘grand slam’ jobs report could shift the Fed’s rate cut plans
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"They don’t really need to be in a rush right now,” Elyse Ausenbaugh, head of Investment Strategy at J.P. Morgan Wealth Management, told Fortune.
https://fortune.com/2024/10/04/jobs-report-unemployment-rate-fed-rate-cut-outlook-25-basis-points/
Singaporeans often gripe about the city’s metro. Now one of its operators says ‘the Singapore experience’ helps it succeed globally
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Rail operator ComfortDelGro will replace HK’s MTR as the operator of Stockholm’s metro next year, as CEO Cheng Siak Kian pushes a global expansion.
Here’s how AI Is going to change the music industry, according to one of the leaders of Apple’s first foray into music
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Writers, YouTubers, musicians, and journalists have helped feed the AI that is now threatening to destroy their livelihoods.
https://fortune.com/2024/10/04/ai-change-music-industry-apple-tech-entertainment/
Air traffic controllers are so overworked, the FAA created a shortcut for new college grads
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Facing shortages and close call collisions, the government is making it easier for graduates to become air traffic controllers.
https://fortune.com/2024/10/04/air-traffic-controllers-staffing-shortage-new-grads-faa/
A $1 billion CPAP recall devastated Philips. The CEO’s turnaround plan involves overhauling company culture and adding a key role to the C-suite
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The CEO can't afford anymore disasters as he pushes deeper into AI-assisted medicine.
https://fortune.com/2024/10/03/philips-cpap-recall-ceo-roy-jakobs/
Elon Musk predicts Tesla cars will be able to self-drive an entire year on their own
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It’s a bold claim given the only empirical evidence available suggests they cannot drive for more than 125 miles on average before a driver must intervene.
https://fortune.com/2024/10/04/elon-musk-tesla-fsd-robotaxi-full-self-driving/
Want to win Gen Z over? Plug in to trends and offer convenience
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This generation seeks brands that align with its values, says Nick Antonelli, chief marketing officer of Bread Financial.
https://fortune.com/2024/10/04/how-to-appeal-to-gen-z-business-retail/