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Why Honeywell CEO Vimal Kapur doesn't think the AI payoff will come from productivity

Several executives are emphasizing the importance of moving beyond the current focus on the large language models.
Honeywell International Inc. Chief Executive Officer Vimal Kapur Interview
Honeywell International Inc. Chief Executive Officer Vimal Kapur Interview
2d ago

Insurance 'nightmare' unfolds for Florida homeowners after back-to-back hurricanes

Many victims facing catastrophic losses due to water damage “are just walking away.”
Hurricane Milton Slams Florida Leaving Millions Without Power
Hurricane Milton Slams Florida Leaving Millions Without Power
3d ago

Raft guides turned rescuers shovel Appalachian river mud and clear trees in Florida

Whitewater-trained crews in Tennessee and North Carolina have spent the last two weeks pivoting from recreation to emergency response in the wreckage of two deadly hurricanes.
Paddlers in the river
Paddlers in the river

Boeing to cut 17,000 jobs as losses deepen during factory strike

The job and cost cuts are the most dramatic moves to date from CEO Kelly Ortberg, who is just over two months into his tenure in the top job.
Image: Striking Boeing workers
Image: Striking Boeing workers

Wealthy millennials and Gen Z are redefining philanthropy

The shift in the way the next generations give, as well as the causes they favor, is likely to remake the charitable landscape.
A group of volunteers
A group of volunteers
4d ago

Social Security payroll tax limit increases for 2025. Here's how that may affect you.

The latest Social Security adjustments come amid growing concerns about the program’s solvency.
SOCIAL SECURITY
SOCIAL SECURITY
4d ago

The Federal Reserve may have pretty much just hit its 2% inflation target

The latest data indicates that though prices aren't receding from their heights of a few years ago, the rate at which they are increasing is pulling back.
Jerome Powell
Jerome Powell
4d ago

Dow jumps 400 points to a record on Friday, S&P 500 closes above 5,800 for the first time

A strong start to the third-quarter earnings season provided a lift to stocks.
Image: Trading Opens On New York Stock Exchange Day After Dow Jones Industrial Average Slide Down 400 Points
Image: Trading Opens On New York Stock Exchange Day After Dow Jones Industrial Average Slide Down 400 Points

Bath & Body Works apologizes for candle that shoppers say resembles a KKK hood

“This sort of thing can easily be prevented by hiring the so-called ‘DEI’ candidate,” one X user wrote.
Bath and Body Works "Snowed In" candle
Bath and Body Works "Snowed In" candle
4d ago

Taiwan says four iPhone maker staff detained in China under 'strange' circumstances

Four had been detained in China’s Zhengzhou, home to a major Foxconn plant assembling Apple’s iPhones, on suspicion of the equivalent of “breach of trust,” Taiwan’s Mainland Affairs Council said.
IPhone City Is Back at 90% Capacity After Covid Turmoil Subsides
IPhone City Is Back at 90% Capacity After Covid Turmoil Subsides

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