Author: My Polka
$38 trillion national debt finds Democratic, Republican supermajority as watchdog sees ‘a major problem for America’s economic future’
Michael A. Peterson says the country is racing toward $40 trillion in debt.
Apple’s blowout Q1 results were a reminder of what makes the company so impressive—and why it’s floundering in AI
Tim Cook proved his masterful ability to navigate tricky supply chains and deliver strong results. It’s not clear that will help Apple in the AI competition.
German prosecutors’ raid on Deutsche Bank hurts the lender’s attempts to leave its long history of compliance failures in the past
Investigators combed through the bank’s Frankfurt and Berlin headquarters just before it reported record annual profits.
$14 trillion asset manager BlackRock unveils its newest weapon in Wall Street ‘alts’ talent war: profit sharing from private markets
The world’s largest asset manager is fighting to keep talent from leaving for rivals like Apollo, Blackstone, Goldman Sachs, and KKR.
Gen Z believes using AI is making their colleagues dumb and lazy, but may paradoxically see it as key to their own promotion, Wharton says
Nearly 80% of Gen Z believes AI is making people lazier, but the young generation has increased how much they’re using the technology, a Wharton-led survey finds.
As billionaires chase immortality, this startup cofounded by a Harvard genetics professor gets FDA approval for the first partial de-aging human trial
Life Biosciences will test its gene therapy designed to partially reset a cell’s age and potentially reverse vision loss in patients with glaucoma and NAION.
Asia is one of the world’s least insured places, even as it’s battered by climate change and natural disasters
Total losses from natural disasters across Asia-Pacific last year totaled $73 billion, yet just $9 billion was insured, according to Munich Re.
Struggling to remain relevant during the AI watercooler chat? Talk about your latest ‘new collar’ hire
LinkedIn’s Sue Duke says the AI-driven economy is already creating jobs and skills we’ve never seen before.
Indonesia exchange CEO steps down as MSCI reform pressure mounts
It’s been a volatile week for Indonesian assets after MSCI flagged concerns about transparency in Southeast Asia’s biggest market.
Starbucks CEO Brian Niccol’s turnaround plan includes measuring stores on just five metrics
Also: All the news and watercooler chat from Fortune.