22-year-old AI CEO behind ‘friend.com’ necklace welcomes graffiti on his $1 million ad campaign: ‘Capitalism is the greatest artistic medium’

Citi is taking a significant step by retraining 175,000 employees to enhance their skills in working with AI. Peter Fox, the head of learning at Citi, emphasized that the training is customized to fit each employee's knowledge level, allowing experts to complete it in under 10 minutes. This initiative not only boosts employee capabilities but also positions Citi as a forward-thinking organization in the rapidly evolving tech landscape.

Lyft CEO David Risher recently shared insights about the unique experiences of drivers and riders, likening the role of a driver to that of a therapist and bartender. His perspective emphasizes the importance of understanding the driver experience, which can enhance the overall service. This approach not only highlights the human aspect of ridesharing but also reflects Risher's commitment to improving the platform, making it more appealing for both drivers and riders.

Red Lobster's CEO, Damola Adamolekun, is making waves after successfully steering the company out of bankruptcy. In a recent interview, he expressed his ambition to achieve what he calls the 'greatest comeback in the history of the restaurant industry.' This is significant not just for Red Lobster but for the entire sector, as it showcases the potential for recovery and innovation in a challenging market.

Grindr's CEO, who started with just $500, is making waves with his unconventional parenting approach. He plans to take his kids to the office and on ski trips to instill resilience and grit in them. This perspective not only highlights his commitment to raising self-sufficient children but also reflects a growing trend among successful entrepreneurs who believe in experiential learning over traditional wealth inheritance.

As New York City prepares for the election of a democratic socialist mayor, a notable trend is emerging: wealthy residents are fleeing to the suburbs. This phenomenon, referred to as the 'Mamdani effect' by Westchester agents, highlights the growing concerns among affluent individuals about the city's future under new leadership. A Manhattan realtor expressed that she has never witnessed such a drastic reaction to a mayoral election, indicating a significant shift in the housing market and urban dynamics. This trend matters because it reflects broader societal anxieties and could reshape the economic landscape of both the city and its surrounding areas.

Assort Health has successfully raised $76 million in a Series B funding round, led by Lightspeed. This significant investment highlights the growing confidence in Assort Health's innovative voice AI healthcare platform, which aims to enhance patient care and streamline healthcare processes. The funding will enable the company to expand its technology and reach, ultimately improving healthcare accessibility and efficiency.

In a recent discussion, RBC CEO Dave McKay shared insights on how Taylor Swift's approach to leadership and engagement has influenced his own management style. This highlights the importance of adaptability and connection in today's corporate environment, showing that even top executives can learn valuable lessons from unexpected sources. McKay's reflections not only shed light on his personal growth but also emphasize the evolving nature of leadership in the modern world.

Pfizer has made headlines by cutting drug prices by up to 85%, which has earned the company a three-year reprieve from tariffs that President Trump had threatened against the pharmaceutical industry. This significant move not only benefits American consumers by making medications more affordable but also sets a precedent for other drugmakers to follow suit. The deal highlights the ongoing negotiations between pharmaceutical companies and the government, showcasing how companies can navigate tariff challenges while addressing public health concerns.

Libby Cantrill, a managing director at PIMCO, warns that a prolonged government shutdown could significantly disrupt the release and collection of essential federal data, such as jobless claims and payroll statistics. This is crucial because accurate data is vital for economic planning and decision-making. Cantrill's insights highlight the potential ripple effects on the economy if the government fails to operate effectively.

Bank of America has sold its shares in Nuveen for a total of $2,441. This move is significant as it reflects the bank's strategic decisions in managing its investment portfolio, potentially impacting its financial standing and future investment strategies.

South Korea's foreign minister announced that a rough agreement on security has been reached with the United States, marking a significant step in strengthening their alliance. This development is crucial as it enhances regional stability and addresses ongoing security concerns, particularly in light of tensions in the area.

Vita Coco's CEO, Roper, has sold $1.6 million worth of company stock, which raises questions about the company's future direction and leadership decisions. While stock sales by executives can sometimes indicate a lack of confidence in the company's performance, they can also be part of personal financial planning. This move is significant as it reflects the ongoing dynamics within the beverage industry and investor sentiment.

Apple has reportedly paused its overhaul of the Vision Pro headset to shift its focus towards developing AI glasses, according to Bloomberg News. This decision highlights Apple's strategic pivot in the competitive tech landscape, as the company aims to innovate in the rapidly evolving field of artificial intelligence and augmented reality. The move could signal a significant change in how Apple approaches wearable technology, potentially impacting its market position and future product offerings.