CEO Picks - The best that international journalism has to offer!
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S1The Top 10 Highest Paid CEOs in AmericaRanking in third is Stephen Schwarzman, who runs the biggest private equity firm in the world, Blackstone. The executives $119.8 million pay package was bolstered by a 83% rise in its share price last year. The firm is the worlds largest owner of commercial property, with approximately 12,500 real estate assets overall.Going further, this figure has grown by twofold over the last 10 years as the U.S. stock market surged during a period of low interest rates. Overall, CEO pay is rising faster than median employee pay and this gap between CEOs and workers has continued to widen over many years. For perspective, the median pay of S&P 500 employees stood at $81,476 in 2023.
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S4This 3,500-Year-Old Ancient Armor Is Marine Tested, Archaeologist ApprovedThe Bronze Age saw the creation of complex societies and complex warfare, and served as the setting of some of the worlds most famous myths. In fact, the Aegean Bronze Age was the time of Achilles and Odysseus of the legendary Trojan Horse and Trojan War memorialized in the works of Homer. Not so mythical were the cultures that arose around the Aegean throughout the Greek Bronze Age, between 3000 B.C.E. and 1000 B.C.E., including the Minoan civilization on Crete and the Mycenaean civilization on mainland Greece. It was these cultures that developed the Aegeans first systems of writing, as well as some of its most innovative technologies.
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S5How Collective Trauma Can Bond Groups of People TogetherThe morning of January 12, 1888 was surprisingly warm in The Great Plains. The mercury rose above the freezing mark, melted ice dripped from roofs, and children left their heavy coats at home on their way to school. Across the region, people used the warm day to run errands or work outside.The historic storm, later called The Schoolhouse Blizzard, was a collective trauma in which communities across the region were stunned by the storm and left to grieve the loss of human and animal life. It was the type of collective trauma that scientists know now can lead to special bonds among survivors.
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S6These are the weird and wonderful reasons octopuses change shape and colorThey're the best at it of anything that we know, says Michael Vecchione, the curator of Cephalopoda at the Smithsonian National Museum of Natural History. This is especially surprising since most cephalopods are color-blind, so we have yet to understand how they can fully perceive what to copy in the first place.It has to have been evolutionarily important for them to evolve [the ability to change color and texture] and to evolve so many different versions of it, says Vecchione. Indeed, studies suggest that each cephalopod species has evolved up to 30 different ranges of patterns to hide in plain sight.
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S7Pickleball is everywhere. Here's why the fast-growing sport is good for your health"In a relatively short time, pickleball has already reached the levels of running, basketball, biking and golf in popularityand the wide age range of people now playing indicates its growth will likely continue," says Jim Edwards, a physical therapist and rehabilitation manager at Cleveland Clinic Rehabilitation & Sports Therapy in Ohio.Originating in the United States in 1965, pickleball is a racquet sport that combines elements of tennis, badminton, and ping pong. Played either one on one (singles) or two on two (doubles) on a 20 x 44-foot court (for comparison, tennis courts are 27 feet wide x 78 feet long), players use a solid ping-pong like paddle to hit a hollow, perforated plastic ball back and forth over a net.
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S8Will Europe's Front-Line States Have Enough Soldiers to Fight?Would the European Unions eastern front-line states fight back like Ukraine if Russia attacked them? Unfortunately, this is no longer a hypothetical scenario: Hardly a day goes by without a Russian government official or pundit threatening Poland, Finland, or the Baltic states with missile attacks, an invasion, or both. In word and deed, Russian President Vladimir Putin has made clear that he seeks to restore Moscows former European empire.Would the European Unions eastern front-line states fight back like Ukraine if Russia attacked them? Unfortunately, this is no longer a hypothetical scenario: Hardly a day goes by without a Russian government official or pundit threatening Poland, Finland, or the Baltic states with missile attacks, an invasion, or both. In word and deed, Russian President Vladimir Putin has made clear that he seeks to restore Moscows former European empire.
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S9NATO Is Turning 75, but How Much Is There to Celebrate?NATO has turned 75. When its leaders meet in Washington in July, they will celebrate the fact that it has endured so long. But an alliance needs to do more than survive to be truly successful. It also needs to serve the interests of its members. NATOs history is the story of a struggle to do thisdespite major disparities between U.S. and European military power, a growing number of allies, diverging interests, and an expanding geographic scope.NATO has turned 75. When its leaders meet in Washington in July, they will celebrate the fact that it has endured so long. But an alliance needs to do more than survive to be truly successful. It also needs to serve the interests of its members. NATOs history is the story of a struggle to do thisdespite major disparities between U.S. and European military power, a growing number of allies, diverging interests, and an expanding geographic scope.
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S10Bird flu snapshot: A pathologist sees familiar echoes in U.S. response to the outbreakLarge goat and sheep farms in the country were hit with outbreaks of what is known as Q fever every year from 2007 to 2010. The disease, caused by the bacterium Coxiella burnetii, primarily affects ruminants sheep, goats, and cows. But people can contract it too. Some dont get sick. Some have flu-like illness and recover. But some develop chronic Q fever syndrome, a debilitating condition. Hundreds of people in the Netherlands still suffer from the condition as a consequence of the 2007-2010 epidemics.H5N1 is a virus that scientists fear might one day trigger a pandemic; Q fever is a bacterial disease that when present in an environment can lead to significant numbers of infections in people. But the similarity Kuiken sees is how, in both cases, the initial inclination is to treat these events in animals as an economic problem for the agricultural sector, rather than as an agricultural problem that could have large human health consequences as well.
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S11Ascension is racing to unload hospitals as execs work to stem lossesThe year after former CEO Anthony Tersigni and former finance chief Anthony Speranzo stepped down, their sprawling empire of roughly 140 hospitals underwent the ultimate stress test: the Covid-19 pandemic. Ascension has lost almost $4 billion on operations from fiscal 2020 through fiscal 2023, triggering deals to offload almost 30 hospitals. Just last week, Ascension said it would sell its remaining five hospitals in Alabama.
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S12S13S15S16S17Not Everyone Loses Weight on OzempicAfter three months of injecting the drug once a week, shed lost about 5 percent of her body weight, around 15 pounds. She was disappointed. She had hoped to lose morein trials, patients had lost three times as much, although over a much longer period. Whats worse, she felt nauseous and generally unwell a lot of the time. She thought the side effects werent worth the little weight she had lost, so she decided to go off the drug.Rosas case illustrates the reality of new anti-obesity drugs: They dont work equally well for everyone. Semaglutide, which goes by the brand names Ozempic and Wegovy, has shown around 15 percent weight loss in clinical trials, while tirzepatidesold as Mounjaro and Zepboundhas achieved around 20 percent. But those are averages, and in the real world, drugs dont always perform as well as they do in carefully controlled trials.
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S18The US Supreme Court Has Handed Big Tech a Big GiftOn Thursday, the Supreme Court ruled that enforcement decisions by the Securities and Exchange Commission in fraud cases should be litigated in court, a decision that could carry over to other agencies. The next day, the court voted to overturn a key precedent known as the Chevron doctrine, which emerged from the 1984 ruling on Chevron v. Natural Resources Defense Council. The doctrine gave federal agencies the power to interpret laws when rulemaking and ensured that lower courts deferred to them. Now, courts will get to decide how much deference to give regulators decisionsand the same conservative legal movement that led to the Supreme Courts decisions over the past week has infiltrated lower courts as well. The carnage continued this week. On Monday, the court struck another blow to regulators after it ruled that a North Dakota truck stop could sue over debit card fees. The ruling will allow companies to challenge long-established rules.The courts recent trio of rulingswhich fell along ideological lines, with all the conservative judges assenting and all the liberals dissenting or abstainingare the latest in a series of politically conservative judgments undermining what is often referred to as the administrative state. In 2021, for example, the court revived the so-called major questions doctrine, which made it so courts will not automatically assume agencies can definitively rule on important issues, unless Congress has explicitly said so. In 2022, the court used this doctrine to invalidate an Environmental Protection Agency ruling requiring coal-fired plants to adopt cleaner technology.
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S19S20S21Research: Speed Matters When Companies Respond to Social IssuesCompanies and their leaders face new pressures to make public statements about controversial and sometimes divisive social and political issues. New research shows that timing matters: consumers perceive a relationship between speed and authenticity, and discount statements from companies that wait too long to respond. Leaders can use four questions to understand when and how they should shape their response.
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S22Power, Influence, and CEO SuccessionWhen a CEO transition fails, its often because the incoming leader isnt skilled at managing the power dynamics. Theyre complex because the key playersthe board, the outgoing CEO, and the new onehave different agendas. Designated successors need to understand those dynamics and how best to influence key stakeholders. The authors present four approaches: assertive persuasion, incentives and disincentives, common vision, and openness and involvement. To convince others that theyre ready to take charge, successors must learn how and when to apply them, consider the culture, secure the right allies, and act humbly. Once they take the helm, two other tasks become paramount: winning board support and clarifying and conveying a vision.
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S23GE extends CEO Larry Culp's contract through at least 2027 after successful turnaround--taking him out of the running to lead BoeingCulp could remain at GEs helm through 2028 if he and the board agree, the company said in a securities filing on Monday. The extension comes after Culp orchestrated a multiyear turnaround of the former conglomerate, culminating with the April spinoff of its energy-related businesses. That left GE Aerospace, the worlds largest maker of jet engines, as the remaining company. It separated its health-care division in 2023.Culps existing contract at GE was set to expire in August. He had been cited by analysts and others as a candidate to succeed Boeings Dave Calhoun, who has said he plans to step down by the end of the year. For his part, Culp has downplayed that possibility, saying he intended to remain at GE Aerospace.
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S24A WFH 'culture war' has broken out across Europe, with the U.K. leading the charge as the most WFH-friendly country, while France lags behindIn fact, the average British employee with a graduate education spends twice as much time working remotely as their Frenchand three times more than their Greekcounterparts. Countries that have actively targeted remote working foreign digital nomads, like Portugal and Italy, meanwhile, have middling levels.The more individualistic a country is, the more people like and push for remote and hybrid working, he says, pointing to high levels of individualism in countries like the U.K. and the Netherlands, and much lower levels in Asian countries like Japan, China and South Korea, where working from home levels are also far lower.
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S25S26S27Research: Speed Matters When Companies Respond to Social IssuesCompanies and their leaders face new pressures to make public statements about controversial and sometimes divisive social and political issues. New research shows that timing matters: consumers perceive a relationship between speed and authenticity, and discount statements from companies that wait too long to respond. Leaders can use four questions to understand when and how they should shape their response.
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S284 Conversations Leaders in the #MeToo Era Should Be Ready ForAs more and more people share their experiences of sexual harassment in the workplace, leaders must be prepared to navigate several kinds of difficult conversations with their teams. Specifically, leaders should consider how they will respond if an employee discloses an incident, how they will intervene if they see inappropriate behavior taking place at work, how they will proactively build a culture of respect, and how they will respond if an employee shares a past experience of harassment. In the #MeToo era, good leadership means not just responding to problems when they occur, but actively initiating the uncomfortable conversations that are essential to build a safe organization.
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S295 Ways a Crisis Can Help You Cultivate a Growth MindsetWhile the Covid-19 crisis presents a variety of new challenges, it also creates new opportunities for leaders to cultivate a growth mindset. In this piece, the authors share five ways managers can leverage the crisis to build a culture of learning and self-improvement, including modeling a growth mindset to encourage others, revisiting established business practices, and better connecting with teammates. With the right mindset, leaders can make the best of these difficult times and seize the opportunity to improve both themselves and their teams.
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S30Who Should Moderate Social Media Content?Wharton marketing professor discusses the Supreme Court's decision to allow social media platforms to moderate their own content.Whartons Pinar Yildirim weighs in on the Supreme Courts ruling over social media content moderation, which she said remains a contentious and unsettled issue.
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S31Next up for AI? Dancing robotsWould you tango with a robot? Inviting us into the fascinating world of dancing machines, robot choreographer Catie Cuan highlights why teaching robots to move with grace, intention and emotion is essential to creating AI-powered machines we will want to welcome into our daily lives.
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S32S33S34S35Teaser for Hellboy: The Crooked Man brings the low-budget horror vibesIt has only been a few years since David Harbour starred in the 2019 reboot of the Hellboy film franchisea critical and box office failure, although Harbour's performance earned praise. But via Entertainment Weekly, we learned that there's a new reboot coming our way: Hellboy: The Crooked Man. The project wrapped filming in May and now has a teaserinexplicably released in 480p [UPDATE: ONE Media posted a higher resolution version, now embedded above]giving us our first glimpse of star Jack Kesy's (Claws, Deadpool 2) take on Mike Mignola's iconic character.
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S36S37S38S39The best Audi EV so far? We drive the 2025 Q6 e-tron SUVThe arrival of the Q6 e-tron marks a significant milestone on the electric journey that Audi and its corporate siblings began in the wake of dieselgate, nearly a decade ago. Now, after developing electric vehicles based on its own gas-powered models, a cheaper VW platform, and a tweaked Taycan, the brand has led the development of a new platform just for electric vehicles, one that incorporates lessons learned from those earlier EVs.
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S40S41S42S43S44Earth's Inner Core May Be Slowing Its Spin, Another Study SuggestsNew research adds evidence to the controversial idea that the hot, solid ball at the center of our planet has been reducing its speed for years as part of an oscillating cycleThe only way to know firsthand would be to take a real Journey to the Center of the Earthbut for now, a new study suggests our planets inner core might be spinning more slowly than it used to.
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S45Artist Marina Abramovi Silences Glastonbury Crowd for Seven MinutesWhile great performances at Glastonbury are usually marked by cheers and loud roars from the crowd, Serbian artist Marina Abramoviis demonstrating that a completely silent audience can also be a sign of a groundbreaking act.Last Friday, the artist led a peace protest on the festival's mainstage called Seven Minutes of Collective Silence, where she requested the crowd go quiet for 420 seconds.
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