Operational leadership in companies and the Supreme Court
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The COO role is making a comeback, often combined with other roles, as companies look for operational excellence.
https://fortune.com/2024/10/07/operational-leadership-in-companies-and-the-supreme-court/
7 out of 10 employees dangerously underestimate or overestimate their skill levels, new analysis finds
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The 'unknown unknowns' come at the highest cost: Employees who overestimate their skills and have gaps that prevent confident and safe task execution.
National debt would increase under Kamala Harris’s plans and surge under Trump’s, budget watchdog says
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No one is likely to be happy with the projected higher deficits laid out in a new analysis of Kamala Harris' and Donald Trump's economic plans.
What Donald Trump’s no-tax pledges on tips, overtime and Social Security could cost
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Donald Trump has pledged to end taxes on everything from tips to Social Security and overtime pay if he's elected to the White House again.
https://fortune.com/2024/10/07/donald-trump-tax-policy-what-is-the-cost/
The CEO of consumer giant Reckitt is on a mission to slim down to just ‘power brands’ as the whole industry gets leaner
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"What is a power brand? It's when you have a very large brand that enjoys very high levels of trust."
https://fortune.com/2024/10/07/reckitt-ceo-kris-licht-industry-changes-power-brands-slimming-down/
BMW: Greening the automotive industry is about so much more than making electric cars
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BMW is looking beyond electric cars to drive sustainability, by decarbonizing its manufacturing and supply chains, using recycled materials, and promoting drivetrain flexibility.
https://fortune.com/europe/2024/10/07/bmw-greening-automotive-industry-making-electric-cars/
S&P 500’s $8 trillion rally will be tested by tricky earnings season
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Companies in the S&P 500 are expected to report a 4.7% increase in quarterly earnings from a year ago, the weakest increase in four quarters.
https://fortune.com/2024/10/06/earnings-season-preview-q3-reports-sp500-stock-market-outlook/
Oil bets are most bullish in two years as Mideast tension flares
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Last week, traders snapped up December calls on Brent crude to bet on oil reaching $100 or higher.
https://fortune.com/2024/10/06/oil-price-outlook-futures-bets-brent-crude-100-mideast-tension/
Bond traders buckle up for ‘no landing’ after jobs surprise
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“What could happen is the Fed either delivers no more rate cuts, or actually finds itself having to raise rates again.”
Frontier Airlines plane makes emergency landing after engine fire
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Frontier officials said there were no reported injuries and all of the passengers plus seven crew members exited the plane using the stairs and were transported to the terminal.
https://fortune.com/2024/10/06/frontier-airlines-plane-emergency-landing-engine-fire-las-vegas/
Each Cava location is worth a whopping $33 million. Its CEO explains how the Chipotle competitor is achieving explosive growth
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Brett Schulman says the chain’s 300% stock growth is not just due to its crazy feta.
https://fortune.com/2024/10/06/cava-ceo-brett-schulman-career-interview/
The Russian economy can’t sustain Putin’s war on Ukraine much longer, expert says
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"Ukraine could win the war if it had an additional $50 billion per year, as well as a green light to bomb military targets inside Russia."
When it comes to mortgage rates, this may be as good as it gets for a while
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"MBA’s forecast is for longer-term rates, including mortgage rates, to remain within a relatively narrow range over the next year."
The Middle East’s largest airline bans pagers and walkie-talkies after Hezbollah devices explode
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Emirates passengers aren’t allowed to bring pagers and walkie-talkies on board, the airline said, after similar devices belonging to the militant group Hezbollah exploded in Lebanon last month. “All Passengers traveling on flights to, from or via Dubai are prohibited from transporting pagers and walkie talkies in checked or cabin baggage,” Emirates said in a […]
China stock skepticism gets louder as world-beating run extends
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The Hang Seng China Enterprises Index has jumped more than 30% over the past month, making it the best performer among more than 90 global equity gauges tracked by Bloomberg.
Storm-ravaged Gulf Coast could be hit by another hurricane soon
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People across Florida were given notice Sunday that Milton, for now a tropical storm off the coast of Mexico, could intensify rapidly into a major hurricane.
https://fortune.com/2024/10/06/hurricane-warning-tropical-storm-milton-florida-gulf-coast-helene/
Affordable housing units across the U.S. are about to hit their expiration date
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The buildings typically only need to be kept affordable for a minimum of 30 years.
Elon Musk says he is ‘Dark MAGA’ at Trump campaign rally
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Billionaire tech executive Elon Musk cast the upcoming presidential election in dire terms during an appearance with Donald Trump.
https://fortune.com/2024/10/06/elon-musk-dark-maga-donald-trump-campaign-rally-butler-pennsylvania/
How to watch Week Five of the 2024-2025 NFL season live online for free—and without cable
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Chiefs and Vikings remain unbeaten.
If you’re under 50 today, could you really live to 150? Geneticists and aging researchers weigh in
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In the craze to live longer and healthier, how long can we expect to live?
https://fortune.com/well/article/live-to-150-aging-researchers/