Good morning. At Exelon, one of the nation’s largest utility companies, finance is getting a bigger seat at the strategy table. Jeanne Jones, the finance chief since 2022 and an almost 20-year veteran of the company, will take on the newly created role of EVP of finance and strategy on Oct. 5, putting her at
Nvidia CEO Jensen Huang is open to ideas about how to share the massive wealth being generated by the AI boom. He’s created billionaires on his executive team, personally ensures his staff are competitively paid, and is “perfectly fine” with proposals to tax the ultra-wealthy more. But he disagrees with a proposal from Microsoft co-founder
With an estimated net worth of $400 million, Kevin O’Leary could afford to never cook, clean, or grocery shop for himself ever again. But the Canadian businessman and Shark Tank investor isn’t one to pass up financial savings—no matter how small. “I’m always looking for a great deal, that’s why I’m in Walmart,” he said
Some people may go back and volunteer at the hospital where they were born, or even fewer may go on to become a health care professional there. But it’s extremely unique to make a multimillion-dollar donation there. That’s what political powerbroker George Norcross was able to recently do, though. Norcross, who is considered one of
The news traveled quickly across Nike’s sprawling headquarters in Beaverton, Ore. Elliott Hill was coming back. Employees high-fived. An audible cheer could be heard in parts of Nike’s 400-acre campus. Current and former employees lit up group chats and social media. On Wall Street, investors joined the celebration, sending Nike shares up roughly 8% in
This near-absence of people from working-class jobs in the halls of power matters. According to research in the U.S. and in other democracies, safety net programs are stingier, business regulations are flimsier and protections for workers are weaker than they would be if people from working-class jobs went on to hold office at higher rates.