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The document, Charlie Scharf recalls, was 3,162 pages. It included 6,000 tasks; 28,000 people worked on it. This staggeringly long volume was the plan to save Wells Fargo, forged by Scharf and his team shortly after he took over as CEO in October 2019. At the time, Wells had been laboring under a regulatory crackdown … Read more
When Suzy Welch walked into the first meeting of the first university course she had ever taught, in the fall of 2022, she looked out onto 20 students. She and the dean of New York University’s Stern School of Business had agreed that the new course, which Welch had created and intriguingly named “Becoming You,” … Read more
Zahra, a 53-year-old Iranian woman, was jolted awake at around 3.30am on Friday by the deafening sound of explosions that shook her apartment in Tehran. Initially disoriented, she wondered if it was just a thunderstorm. But as she stepped on to her balcony, a grim reality set in: neighbours in the western district of Chitgar … Read more
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U.S. President Donald Trump delivers remarks at the White House in Washington, D.C., on April 2, 2025. Brendan Smialowski | Afp | Getty Images Stocks on Wall Street and beyond have been rocked by volatility in recent weeks, as U.S. President Donald Trump rolled out some tariffs, paused others, and ramped up duties on Chinese … Read more
European leaders have been left reeling after the first 100 days of U.S. President Donald Trump’s second term saw increasing geopolitical and trade turmoil. “It’s unlike anything else we’ve seen before from the U.S. administration,” European Union foreign policy chief Kaja Kallas told CNBC’s “Europe Early Edition” when asked what Trump’s first 100 days have … Read more
The US and China’s dizzying tariff tit-for-tat has spurred Brazil’s agricultural sector and pummelled American farmers, as Beijing looks to Latin America’s largest economy for a swath of goods from soyabeans to beef. Brazil was a major winner in President Donald Trump’s first trade war with China, dramatically expanding its then-narrow lead over the US … Read more
© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal InformationFORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive … Read more
The Dow Jones Industrial Average tumbled 644 points, or 1.5%. The S&P 500 sank 1.8%, and the Nasdaq lost 2.6%. Read More
At 9am on Saturday morning, a group of women spread across the busiest street in central Kyiv and stopped traffic to observe a minute of silence. A loudspeaker counted 60 ticks before blaring the opening lines of the national anthem — “Ukraine’s glory and freedom have not yet perished”. Drivers and passengers stepped out of … Read more
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