Klarna CEO Aims to Cut Half of Workforce, Give AI the Work

Junior Bridgeman, a former N.B.A. player turned successful entrepreneur, passed away at 71 in Louisville, Ky. He amassed a net worth of $1.4 billion through investments in fast-food restaurants, a Coca-Cola bottling business, and a minority stake in the Milwaukee Bucks. Bridgeman's business acumen and leadership extended beyond basketball, leaving a lasting legacy in both the sports and business worlds. Full Article

The leaders of 26 countries, led by UK prime minister Sir Keir Starmer, have agreed to move into an "operational phase" to plan for a multinational force to ensure a ceasefire in Ukraine. Military planners will meet in London to discuss security arrangements for a peace deal, with the US still hesitant to provide military support. The group will increase sanctions on Russia, consider seizing assets, and offer financial and military support to Ukraine while...

The price of gold hit a record high of over $3,000 per troy ounce due to President Trump's tariff policy uncertainty, economic slowdown fears, and a sinking stock market. Investors turn to gold as a safe haven during turmoil, leading to a 14 percent increase this year while the S&P 500 index falls into a correction. Market experts predict further price increases as global trade tensions escalate and central banks increase gold reserves to reduce...

Entrepreneur contributors emphasize the importance of utilizing advanced AI tools to boost productivity and gain a competitive edge. In a video, they reveal seven under-the-radar AI tools from the "Black Book," including website optimization, deep competitive analysis, no-code AI agent building, instant presentation generation, social media spying, data analysis, and an AI app store. These tools aim to automate tasks, analyze data, and optimize strategies, providing users with efficiency and success in an AI-driven world....

The Unlock the White House Watch newsletter discusses US visa restrictions on Thai officials involved in forced repatriation of Uyghur Muslims to China, in support of persecuted groups. Secretary of State Marco Rubio condemns China's actions against Uyghurs and urges other governments not to facilitate repatriations. The move signals President Trump's stance on human rights violations in China and potential implications for negotiations with President Xi Jinping. Full Article

According to recent studies, the number of remote workers in the U.S. has decreased, with onsite and hybrid workers increasing. A survey by LinkedIn found that job postings for remote positions have also declined, especially in white-collar sectors, amid a stagnant job market. Despite a low hiring rate, Americans are facing challenges in finding better job opportunities, with many feeling stuck or falling behind in their current roles. The U.S. labor market is described as...