Fortune 500

Amazon’s CEO Andy Jassy has revealed that it’s not a ritzy college degree or being the best networker that will make you stand out at the start of your career—but a positive attitude. https://lnkd.in/etmfZ_RJ “An embarrassing amount of how well you do, particularly in your twenties, has to do with attitude,” Jassy said in an interview with LinkedIn CEO Ryan Roslansky. Looking back on his career, he told Roslansky that “there’s so many things that you can’t control in your work life, but you can control your attitude.” Read more:https://lnkd.in/etmfZ_RJ

Nvidia CEO Jensen Huang warned analysts that any practical applications of quantum computing are still many years away. https://lnkd.in/enRZs42B “And so if you kind of said 15 years for very useful quantum computers, that’d probably be on the early side. If you said 30 is probably on the late side. But if you picked 20, I think a whole bunch of us would believe it,” Huang told analysts, according to Axios. Quantum-computing companies, whose valuations exploded in 2024, took a major hit Wednesday following Huang’s remarks. Read more: https://lnkd.in/enRZs42B

As the deadly wildfires continue to rage in the Los Angeles area, Airbnb, the short-term rental company, is mobilizing its hosts to house those in need. https://lnkd.in/eT5V2h-S “In these moments of real stress for community members, we can mobilize our hosts, partner with nonprofits and open up those homes,” Airbnb CFO Ellie Mertz shared with Fortune. “It’s the right thing to do.” Airbnb.org is a nonprofit with its own board and it’s independent of Airbnb, Inc. “But we work very closely with them, and the company has been extremely generous through the years in terms of supporting the organization,” she said. Read more: https://lnkd.in/eT5V2h-S

As large corporations try to pivot to working more from the office, they’ve invariably encountered the same problems: pushback from employees and the lack of office space. https://lnkd.in/eWtdV_MW Another issue, as highlighted in Amazon’s case, is how different regions respond to the RTO mandate. The Seattle, W.A.-headquartered retail giant is supposedly allowing greater flexibility for some employees in Europe. The outlet cited the Netherlands as an example, where employees were sticking to an earlier guidance of work-from-home for up to two days a week. Read more: https://lnkd.in/eWtdV_MW

It’s official: Tesla’s board collectively enriched themselves at shareholder expense to the tune of nearly $1 billion. https://lnkd.in/emjdcNJQ On Wednesday, Delaware’s Court of Chancery approved a settlement that will see numerous past and present non-executive directors return a portion of their compensation, resolving a nearly five-year-long legal dispute over alleged excessive pay. “We’re very pleased with the chancellor’s ruling,” Andrew Dupre, an attorney for the shareholders, told Reuters on Wednesday. Read more: https://lnkd.in/emjdcNJQ

In an earnings call, Albertsons shared the company’s plans for growth after its $24.6 billion failed merger with Kroger. https://lnkd.in/egiwF5JK The company reported solid Q3 results with 2% identical sales growth and 23% digital sales increase, while outlining plans to deliver $1.5 billion in cost savings over the next three years. Highlights include the rise in GLP-1s like Ozempic, which have contributed to an 11% revenue gain in the company’s pharma unit, and an investment in tech and AI to help streamline workflows and cut costs. Read more: https://lnkd.in/egiwF5JK

As several wildfires continue burning across Southern California, a number of brands are pitching in to help the residents affected. https://lnkd.in/e7gFzBZq Rideshare companies Uber and Lyft are providing evacuated residents with free rides to temporary shelters. Airbnb.org, a nonprofit founded by Airbnb that provides free emergency housing, also announced that it is working with 211 LA to offer free, temporary housing to evacuees. Read more: https://lnkd.in/e7gFzBZq

Hermès is part of the crème de la crème in luxury, as is Louis Vuitton’s parent, LVMH. https://lnkd.in/e482YGY4 But Axel Dumas, the chief of Hermès, would rather not be compared with the fellow French conglomerate that once tried to buy the Birkin bag maker (and failed). The history between these two companies is mired in drama involving unwelcome bids, lawsuits, and, more recently, diverging fates within the luxury market. Read more: https://lnkd.in/e482YGY4

Accenture CEO Julie Sweet has a simple question to identify whether her interviewees are ready for the job. https://lnkd.in/eneA-gtN In an interview on the In Good Company podcast with Nicolai Tangen, the CEO of Norges Investment Bank, Sweet was asked what she looked for when hiring new consultants at the $64 billion tech giant. “One question that we ask everyone, regardless of if you’re a consultant or you’re working in technology—we say: ‘What have you learned in the last six months?’” Read more: https://lnkd.in/eneA-gtN

“If you live your life like a diversified portfolio, you will know that you do not give 100% to one thing.” https://lnkd.in/eAF_rkJY Speaking at the Texas Christian University Neeley School of Business last year, TIAA CEO Thasunda Brown Duckett said instead of simultaneously trying to devote 100% of herself to motherhood and 100% to being the boss of a $45-billion-a-year financial firm, she tries to think of the time she has like a diversified portfolio. “If you live your life like a diversified portfolio, just like with your money, over time you will outperform,” she explained. Read more here: https://lnkd.in/eAF_rkJY