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The Latest Breaking News from McKinsey

Justice Department Investigating Mckinsey & Company Over Opioid Sales

Justice Department investigates McKinsey & Company's role in advising drug companies on opioid sales.

Top News

McKinsey Under Criminal Investigation Over Alleged Role In Fueling Opioid Epidemic

McKinsey & Company is facing a criminal investigation by U.S. attorneys' offices in Massachusetts and the Western District of Virginia for its alleged role in fueling the opioid epidemic.

International Business Times

An agile approach to AI-supported coding

According to McKinsey, developers using AI are twice as productive as those without.

TechRadar

From analysis to the latest developments in health,
read the most diverse news in one place.

Can Sunil Kanugolu bring India’s Modi down, 10 years after helping him win?

As India’s election kicks off, a top election strategist is looking for cracks in the Modi brand he helped create.

Al Jazeera

Mckinsey Offers Career Coaching And Pay To Departing Staff

McKinsey offers career coaching and pay to departing employees amid workforce streamlining efforts.

Top News

Why the U.S. could be on the cusp of a productivity boom

AI and labor shortages are driving changes to global economies.

Axios

Morning Mail: Supreme court backs Trump, Liberals choose Morrison successor, historic abortion vote in France

Former McKinsey partner chosen to succeed Scott Morrison in safe seat; supreme court overturns Colorado state ruling

The Guardian - AU

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AI Could Solve The Inflation And Growth Problems Of The World Economy — A Bullish Trend For Bonds And Stocks

"The notion of a virtuous cycle—wherein improvements in one domain precipitate enhancements across others—is particularly salient," said Patrick Fan, professor of business analytics at the University of Iowa's Tippie College of Business and an AI expert.

International Business Times

GenAI Revolutionizes Workforce by Enhancing Creativity, Productivity, and Personalization

Discover the difference between AI and GenAI, and how they can revolutionize the workplace. Learn about the challenges and potential of integrating GenAI i...

Top News

The Body Shop staff fear company will be broken up, risking 2,200 jobs

Aurelius, the German restructuring specialist, has broken up two other UK retailers

The Guardian - UK

Top US consultancies face scrutiny over role in Saudi Arabia’s sports push

Senator suggests McKinsey, BCG and other firms may be violating federal disclosure rules

The Guardian - US

Sephora: ‘mothership of modern-day beauty industry’ revels in a retail makeover

LVMH-owned luxury makeup brand defies cost of living crisis with ‘open-sell’ format that shoppers seem to love

The Guardian - UK

Asset management industry sees once-in-a-generation opportunities in multiple areas

Learn about the recent opportunities in asset management outlined in McKinsey's report, including cash management, fixed income, private markets, and real ...

Top News

AI could widen the racial wealth gap and cost Black workers $43 billion

Companies must be intentional about the impact of AI on Black employees, or they risk widening racial wealth gaps, according to a new McKinsey report.

Fortune

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Top News

McKinsey to Pay Million in Opioid Crisis Settlement

Consulting firm McKinsey agrees to pay million to settle claims related to its role in fueling the opioid addiction crisis, reimbursing insurers and he...

The Independent UK

Consulting firm McKinsey agrees to $78 million settlement with insurers over opioids

Consulting firm McKinsey and Co. has agreed to pay $78 million to settle claims from insurers and health care funds that its marketing work with Purdue Pharma helped fuel an opioid addiction crisis

Top News

McKinsey's M Opioid Settlement with US Health Plans

McKinsey agrees to pay million in a US opioid settlement with health plans. A costly lesson for the influential consulting firm in the fight against th...

Latin Times

Financial Entities Risk Missing on Billions if They Don't Approach Latino Savers and Businesses: McKinsey

A new report sheds light on how improving services for this underserved demographic could also benefit financial institutions

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International Business Times

Leaks Show McKinsey Pushed Fossil Fuel Agenda At Africa Climate Summit

Consulting giant McKinsey & Company sought to place controversial carbon market schemes favoured by its fossil fuel clients at the heart of the Africa Climate Summit, according to internal documents and sources who talked to AFP. The documents reveal that the firm worked behind the scenes to shape the agenda…

Fortune

The average tenure of a Fortune 500 CFO is on a downward trend, a new analysis from Spencer Stuart finds

The research takes a look at the tenure, diversity, and experiences across 11 C-suite roles.

Fortune

How CFOs should be approaching AI, according to a McKinsey expert who believes the opportunities go far beyond productivity

Generative AI can be a tool used to “reimagine your business and your industry,” Alexander Sukharevsky said.

Fortune

70% of jobs can be automated, McKinsey’s AI thought leader says—but ‘the devil is in the detail’

“We got it wrong many times with dotcom and crypto and a few other things,” said QuantumBlack’s Alexander Sukharevsky, but this is a “platform shift.”

Fortune

Larry Summers, who more and more thinks 'ChatGPT is coming for the cognitive class,' just joined OpenAI's board to seal Sam Altman's triumphant comeback

The former Treasury secretary told Bloomberg months ago that "the people who write articles and their friends" are more at risk from tech this time around.

Fortune

How are companies strategizing with AI? Experts from Accenture, McKinsey, and BCG explain

AI is still accelerating at a rapid pace, and for some companies, there's a fear of missing out.

Fortune

FOMO, ‘when’ and ROI: CEOs are stressed about AI, and an army of experts are helping them decide where to place the right AI bets

Here's how to understand the what, when, and why of spending dollars on AI.

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