Tesla and Facebook advance in pre-market as the Nasdaq nears a new record

Wisdom from Day Two of the Fortune Global Forum

Here is the Internet version of CEO Daily. To receive it sent to your inbox, register here. Fantastic morning. Day Two of the Fortune Global Forum attracted more insights to the way CEOs are currently surfing a year like no other–that will be undercutting their fiscal wellness, hastening their technological progress, and also requiring action on […]

Macy’s is closing 45 stores in the first wave of its turnaround plan

Almost a year ago, Macy’s announced an ambitious turnaround plan to modernize itself that included shedding about a quarter of its big department stores. Now, the retailer has announced the first tranche of those closings in a move that is gaining urgency because of the impact of the COVID-19 pandemic on its business. Macy’s will […]

The lesson from Squarespace’s debut: Profits aren’t always enough for investors

Squarespace goes public via direct listing. Read More