Success
The meteoric rise and stunning fall of Prime, Logan Paul’s energy drink that was once resold for almost $1,500 a can: ‘A brand cannot live on hype alone’
Status-obsessed Gen Alpha build up brands just to knock them down, and influencer-led companies like Prime are starting to feel the heat.
April 27, 2024
Sign up for the new CIO Intelligence newsletter
Stay plugged in on the tech, trends, and news impacting IT leaders.
Newsletters
- Data SheetThe curious case of Temu’s U.S. ‘headquarters’
- The Trust FactorBesides keeping data safe, this emerging tech could be a key trust builder for businesses
- Fortune CryptoThe SEC’s Ethereum bank shot
- BroadsheetHarvey Weinstein’s New York conviction was overturned, forcing survivors to relive abuse—again
- CHRO DailyThe FTC noncompete ban means companies need to totally rethink their people strategy: ‘You’ve got to convince employees to stay’
- Term SheetRubrik goes public, as the stock closed up nearly 16% in the cybersecurity company’s first day of trading
From the magazine
Magazine
How the oil earnings of Saudi Aramco, the world’s most profitable company, are helping the Saudi monarchy shake up the global economic order
The oil giant has generated $722 billion in profit since 2016, funding everything from stakes in Tesla and Uber to new mega-cities in the desert.
April 4, 2024
Commentary
- successMore Americans are working past age 65—and that’s good news for employers
- A.I.Scientists inspired the right guardrails for nuclear energy, the internet, and DNA research. Let them do the same for AI
- careersBurned out and underappreciated, women’s career advancement had stalled long before the anti-DEI backlash
- supply chainsA new Cold War is brewing at sea–and the West’s security and prosperity are at stake
- EmploymentThe FTC noncompete ruling will narrow the gender gap in entrepreneurship
- TechThe race for human-AI interaction usage data is on—and the stakes are high
Topics
Environment
Biden administration’s tough new EPA rules would force coal-fired power plants to capture emissions or shut down
Bird flu fragments are in pasteurized milk now, but the FDA—and many other government agencies—still considers it safe
After overshadowing climate talks, the myth of ‘circularity’ looms over the UN plastics treaty
Finance
‘We expect Powell to make a hawkish pivot’—Fed meeting to headline busy week for global markets
Police bust ‘very sophisticated’ burglary ring that used Wi-Fi jammers to steal $4 million in jewels
It’s time to talk about the ‘dirty word’ on Wall Street as ‘whiffs of stagflation’ intrude on markets, chief strategist says
Health
USDA tells poultry producers to reduce salmonella in certain chicken products to help prevent food poisoning
Minneapolis imposes $15 a pack minimum for cigarettes—$2 more than NYC—to curb smoking
New York outlaws sales of diet pills and muscle-mass builders to children
Leadership
Grab’s COO thinks there’s ‘tremendous upside’ in fast-growing Southeast Asia after the startup recently reported its first-ever profitable quarter
Activist hedge fund Elliott bets $1 billion on British platinum producer
Troubled Philadelphia-based bank implodes in first failure of the year
Lifestyle
The CEO of packaged-food giant Kraft Heinz is obsessed with healthy eating and exercise—but also snacks on Lunchables several times a week
These incarcerated women are leaving prison with a certified license to make people feel beautiful. The program ‘gave me a chance to feel human again’
Adidas, Ye, and the death of DEI: A cautionary tale for corporate America
Personal Finance
‘This is the noise of my shredder shredding your business plan—never call me again’: But a trio of 20-something entrepreneurs refused to quit and now run $16.7 billion investment firm
Troubled Philadelphia-based bank implodes in first failure of the year
Commercial tax-prep companies lost out on $5 billion in fees thanks to IRS’ direct file, government says
Politics
U.S. Secretary of State buys Taylor Swift album in China to wrap up key visit after warning on EV overproduction, Russia
Commercial tax-prep companies lost out on $5 billion in fees thanks to IRS’ direct file, government says
Fed’s favorite inflation gauge accelerated in March, spelling trouble for rate cuts—and Biden’s re-election bid
Retail
The Sports Bra—a bar for women’s sports fans—eyes nationwide expansion just 2 years after opening, helped by Reddit cofounder Alexis Ohanian’s foundation
These incarcerated women are leaving prison with a certified license to make people feel beautiful. The program ‘gave me a chance to feel human again’
Pottery Barn parent Williams-Sonoma fined for marketing furniture as ‘crafted’ in the U.S. when it was made in China
Success
Big Tech and billionaires suddenly can’t resist the lure of South Florida, and while New York can ‘afford to lose some Citadels, it has to learn the lesson’
The meteoric rise and stunning fall of Prime, Logan Paul’s energy drink that was once resold for almost $1,500 a can: ‘A brand cannot live on hype alone’
These incarcerated women are leaving prison with a certified license to make people feel beautiful. The program ‘gave me a chance to feel human again’
Tech
Grab’s COO thinks there’s ‘tremendous upside’ in fast-growing Southeast Asia after the startup recently reported its first-ever profitable quarter
Billionaire investor Ron Baron gets a first-hand demonstration of Tesla’s self-driving tech: ‘I want to see Steve Jobs’ house’
Wall Street finds a back door into the AI stock boom as energy demand soars: utilities