‘Return to Office’ Plans Spell Trouble for Working Moms

I’ll never know what it was like to be a working parent in the Before Times. My son was born in October 2020, and I returned to work—remotely—in February 2021.

My routine back then was simple: I’d drive six minutes to drop my son off at his San Francisco daycare and then return home to work at my desk in his bedroom. There was no sweating on the bus as I realized that traffic was going to make me late to pick him up. No lugging a breast pump to and from a windowl…

How Putin Cannibalizes Russian Economy to Survive Personally

Nearly 18 months into the Russian invasion of Ukraine now, amidst last week’s failed coup attempt, battlefield setbacks, and global diplomatic condemnation, Putin is coming under increasing strain to finance his increasingly-expensive war—and there’s a history lesson for how this will all end.

Far from the prevailing narrative on how Putin funds his invasion, Putin’s financial lifeline has his merciless cannibalization of Russian economic productivity. He has bee…

Here’s What the New, Tightened SWIFT Sanctions on Russian Banks Actually Do

The U.S., Canada and Europe are tightening financial restrictions on Russia with a new ban that blocks seven Russian banks from using SWIFT, the global messaging system that enables bank transactions, the European Union (EU) said Wednesday. The move is aimed at disrupting Russia’s ability to do business across borders.

The new ban follows an agreement forged on Saturday between Canada, the European Union, the United Kingdom and the U.S. to disconnect “selected Russian banks&…

Jeff Bezos Nets $8.5 Billion From Amazon Share Sale

Jeff Bezos unloaded 14 million Amazon.com Inc. shares worth about $2.4 billion, finishing in just nine trading days the plan he disclosed earlier this month to sell up to 50 million shares.

The latest transaction, which brings his cash out total to $8.5 billion, took place over three trading days ending Tuesday, according to a regulatory filing. Before his selling spree, the world’s third-richest person hadn’t disposed of company stock since 2021.

Bezos, who founded Amazon and…

What Corning CEO Wendell P. Weeks Learned From Steve Jobs About Risk

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Wendell P. Weeks, Corning’s long-serving leader, says he rapidly ramped up production of its new medical glass vials for COVID-19 vaccines last year based on critical lessons from his late acquaintance Steve Jobs.

The Apple co-founder “changed the way I thought about risk,’’ explains Weeks, who has served as chief executi…

Emboldened ESG Activists Ramp Up For Next Boardroom Showdowns

Mention Engine No. 1’s victory over Exxon Mobil Corp. last month to the socially conscious investing crowd and they’ll rattle off a wish list of targets that have so-far resisted calls to reform their social practices.

The possibilities include Twitter Inc., Facebook Inc., Netflix Inc. and private prisons, to name a few. The question, though, is whether the tactics Engine No. 1 used to gain three seats on the oil giant’s board are a viable method for other small activi…

The Empire State Building’s History Offers Hope for Today

On May 1, 1931, an “awestruck” Franklin D. Roosevelt, then Governor of New York, spoke at the ribbon-cutting ceremony for what was then the world’s tallest building, the Empire State Building.

The new skyscraper, he said, was a symbol of “vision and faith”: vision, because only those who looked to the future could have imagined such a project, and faith, in believing the work would be “fully justified in the days to come.”

The future Presi…

Sougwen Chung On Finding Inspiration In AI

The AI art that Sougwen Chung makes is very different from the images spit out by popular image-generation tools like Midjourney or DALL-E. Chung, an artist who splits their time between London and New York and identifies as nonbinary, trains a neural net on their own work, then builds robots to physically paint in tandem with them on giant canvases. The robots not only mimic their brush strokes, but create new patterns and shapes that Chung then responds to. The result is hypnotic and eerie…

Bitcoin Is Coming to Your 401(k), If Your Employer Allows It

A version of this article was published in TIME’s newsletter Into the Metaverse. Subscribe for a weekly guide to the future of the Internet. You can find past issues of the newsletter here.

Fidelity, the nation’s largest provider of 401(k) retirement plans, has opened the door for a future of crypto nest eggs: the company announced it would soon allow a portion of participants’ contributions to be held in Bitcoin.

Employees who work for one…