At Christmas dinner in 2023, 25-year-old Ireland McCaughey listened as her family talked about friends preparing to retire and the businesses they were leaving behind. Their children weren’t interested in taking over the family car washes, laundromats or parking lots. But across the room, McCaughey and her business partner, Ben Razin, saw opportunity in the
But there’s another critical group keeping planes moving on time—and they’re facing a dire shortage: aviation maintenance technicians. Some 83% of technicians are expected to retire or leave the profession globally over the next decade, according to the 2025 CAE Aviation Talent Forecast. By 2034, that translates to a need of about 416,000 new aircraft
Staying at one company for decades was once a badge of honor. But as layoffs have become more common and workers have turned to job hopping for higher pay and career growth, employee loyalty has become harder to find. Billionaire investor Bill Ackman, however, still believes earning employee loyalty is worth every penny. That’s why
Bill Ackman has spent roughly two decades and close to $1 billion on philanthropy. His verdict: Capitalism can often have a stronger societal impact. “I’ve spent a fair amount of time on philanthropy, and it’s vastly less efficient at solving problems than capitalism,” the Pershing Square Capital Management founder and CEO told Fortune editor-in-chief Alyson
Ida Huddleston has lived on the same stretch of farmland outside Maysville, Kentucky, since she was 16. She and her late husband built a log home there, raised children, and worked the soil through six decades of marriage. Today, the family owns roughly 1,200 acres, and multiple generations still live on it. Last spring, an
Weight-loss drugs are becoming a popular employee perk, with almost a third of workers saying they’d switch jobs to get GLP-1 coverage. Now, Bank of America is spending $250 million or more yearly on the drugs for its staffers—and CEO Brian Moynihan says the upsides are well-worth the eye-watering cost. “What we see is a