Parenting expert Dr. Becky warns the potential cost of not setting screen-time boundaries for your kids ‘has never been higher’
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“If you can’t say no to a cupcake, you’re not going to be able to say no to TikTok,” says psychologist Becky Kennedy, a.k.a. Dr. Becky.
Exclusive: Gili Raanan’s Cyberstarts raises $60 million for fourth seed fund
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Cyberstarts has now raised $60 million for its fourth seed fund, Fortune has exclusively learned.
With CVS’s ouster of CEO Karen Lynch, GM is now the largest Fortune 500 business led by a female CEO
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CVS CEO Karen Lynch lost her job in a surprise ouster on Friday.
Traditional leadership development for managers isn’t working anymore—Here’s what CHROs should do instead
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It’s time to ditch the lectures and seminars.
Biden announces plans for free birth control without a prescription
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The current U.S. health care law requires most insurance plans to cover contraception at no cost, but allows them to require a prescription.
https://fortune.com/2024/10/21/biden-plans-free-birth-control-without-prescription/
CVS needs ‘realistic targets’ it can exceed says analyst after CEO dismissal
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The company's approach to guidance this year led to continual cutting of goals.
https://fortune.com/2024/10/21/cvs-realistic-targets-analyst-karen-lynch-dismissed-ceo-cfo/
Cubans incensed about ‘a country in ruins’ on third day of countrywide blackout
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The power grid failed in a chain reaction Friday due to the unexpected shutdown of the biggest of the island's eight decrepit coal-fired power plants.
https://fortune.com/2024/10/21/cuba-incensed-country-in-ruins-third-countrywide-blackout/
Millennials ‘scarred from the Great Recession and COVID’ are financially outperforming Gen Xers and boomers at the same age
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A new study from LendingTree found millennials have a higher net worth than Gen X and baby boomers at similar ages.
https://fortune.com/2024/10/21/millennials-outperforming-baby-boomers-gen-x-assets-earnings/
CEO of Amazon-owned Ring says ignoring fear got her to corner office: ‘Successful people just drown out all the noise’
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The CEO of Amazon-owned home security device Ring discusses what got her to the C-suite and her leadership philosophy.
https://fortune.com/2024/10/21/amazon-ring-ceo-founder-leadership-lessons/
NHTSA investigating Tesla full self-driving
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Tesla’s FSD has been installed in some 2.4 million vehicles.
https://fortune.com/2024/10/21/nhtsa-investigating-tesla-full-self-driving/
Harris gets help from Stevie Wonder as she urges Black churchgoers in Georgia to head out to vote
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Harris visited two Atlanta area churches as part of a nationwide push known as “souls to the polls."
https://fortune.com/2024/10/21/harris-help-stevie-wonder-urges-black-churchgoers-georgia-vote/
Arnold Palmer’s daughter calls Donald Trump’s references to her father ‘a poor choice of approaches’
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One of the late golf legend Arnold Palmer's daughters calls Trump's references to her father's genitalia “a poor choice of approaches" to honoring his memory.
https://fortune.com/2024/10/21/arnold-palmer-daughter-donald-trump-reference/
$2 trillion Norway oil fund CEO Nicolai Tangen says AI stock boom has created a concentration risk ‘we have never seen before’
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Nicolai Tangen's $2 trillion oil fund holds billions in AI companies, but he thinks they're emerging as a key risk area.
Election immigration fight could upend Nevada’s economy from the desert to the Strip
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Nowhere are the complicated economic and social realities behind the searing-hot political divide on immigration more clear than in Nevada.
https://fortune.com/2024/10/21/election-immigration-fight-upend-nevada-economy-desert-strip/
Most Americans think the economy is bad but they’re split on whether Trump or Harris can fix it
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About half of voters have a very or somewhat favorable opinion of Harris, while 46% see her unfavorably. Meanwhile, about 4 in 10 voters have a positive view of Trump and about 6 in 10 have an unfavorable view.
China mainland shares rise on rate cut as U.S. markets await big earnings week
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China's mainland shares posted modest gains as a central bank lending rate cut boosted real estate stocks, but investors awaited more details on government stimulus.
https://fortune.com/2024/10/21/premarket-stock-futures-dow-sp500-nasdaq-19/
7 in 10 office workers say they have a ‘work wife’ or ‘work husband’—here’s why experts warn they probably shouldn’t
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While the quirky phrase might be shorthand between pals, it's a red flag for everyone else.
https://fortune.com/2024/10/19/office-work-wives-husbands-phrase-career-friendships/
Robinhood is bringing its risky leveraged trading product that made Redditors millionaires—and left others broke—to the U.K.
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Redditors' favorite trading platform is allowing U.K. customers to trade on leverage, but risks abound.
https://fortune.com/europe/2024/10/21/robinhood-bringing-risky-leveraged-trading-to-the-uk/
Investors pour into photonics startups to stop data centers from hogging energy and to speed up AI
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U.K. startup Oriole Networks secures a $22 million Series A investment for its radical vision of a fully photonic data center.
Southwest looks for truce with Elliott after major policy tweaks
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Elliott Investment Management has proposed a framework that would give it representation on Southwest’s board but not control.