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Fortune
Fortune
November 20, 2024
Here’s how escalating Russia tensions could impact markets and supply chains, according to experts
The conflict could affect natural resources used in the production of semiconductors.
Fortune
November 20, 2024
Rene Magritte painting ‘Empire of Light’ nets auction record of $121 million at Christie’s in New York
"Empire of Light" was part of the private collection of Mica Ertegun, an interior designer who fled communist Romania to settle in the U.S....
Fortune
November 20, 2024
Airline exodus leaves Israelis and their companies isolated
Of the 20 airlines that dominated the market before the war, Israeli companies are nearly the only ones remaining.
Fortune
November 20, 2024
AI enters a new phase, and the Fortune 50 AI Innovators list identifies the companies leading it
The second annual Fortune 50 AI Innovators list highlights the AI companies that are leading in the new phase of the technology’s adoption.
Fortune
November 20, 2024
LVMH's Hennessy plan to trial bottling in China and bypass tariffs sparks hundreds protesting on home turf
The cognac industry, which is heavily dependent on exports, now fears it will be targeted in the United States as well as China.
Fortune
November 20, 2024
Minecraft is set to enter the real world in £85 million global theme park deal
Minecraft struck a deal with theme park operator Merlin Entertainments and video game developer Mojang Studios.
Fortune
November 20, 2024
What’s Russia’s nuclear doctrine and how did Putin change it?
Irrespective of whether Putin is prepared to go nuclear, the threat is intended to show the world that Russia remains a major power and that...
Fortune
November 20, 2024
‘Bomb cyclone’ kills 1 as it cuts power to over 600,000 and downs trees
A major storm swept across the northwest U.S. Tuesday evening, battering the region with strong winds and rain.
Fortune
November 20, 2024
Trump says he wants to dismantle the Education Department. Here’s what that would mean
He has picked Linda McMahon, a former wrestling executive, to lead the department. But like many conservative politicians before him, Trump...
Fortune
November 20, 2024
Trump’s casting call for administration hopefuls prizes one trait—TV experience
Trump loves that "central casting" look, as he likes to call it.
Fortune
November 20, 2024
California voters reject nation-high $18 per hour minimum wage ballot measure
Proponents estimated that the measure would have benefited 2 million workers, including hotel and grocery employees.
Fortune
November 20, 2024
Oculus founder Palmer Luckey is back, revolutionizing warfare with a $14 billion startup. And this time he wants you to like him
“I realized too late that my reputation is actually very important,” Luckey told Fortune.
Fortune
November 20, 2024
Goldman Sachs tells investors Trump’s tariffs pose a major ‘event risk’ and to expect slower growth in 2025
The investment bank forecasts 11% growth in the S&P 500 next year.
Fortune
November 20, 2024
A Great Resignation 2.0 is simmering as employees feel overworked and underpaid, forcing them to look for greener pastures
The "Great Resignation" never really ended. But now, employees' challenges include them being overworked, underpaid and not ready for AI.
Fortune
November 20, 2024
Xi Jinping will visit Brazil to 'further enhance' ties amid cloud of Trump's return to White House
"The Global South is on a collective rise," Xi wrote in an article published in Brazilian media ahead of his visit on Wednesday.
Fortune
November 20, 2024
Oaktree’s Marks says ‘uninvestable’ China offers bargains
“I’ve made my whole career buying assets that other people consider uninvestable."
Fortune
November 20, 2024
Walmart exec warns customers Trump's tariffs could mean higher prices
“Our model is everyday low prices,” CFO John David Rainey said. “But there probably will be cases where prices will go up for consumers.”
Fortune
November 20, 2024
China’s SpaceSail to challenge Elon Musk’s Starlink in Brazil
Elon Musk’s Chinese rival in the satellite internet business plans to start operations in Brazil in 2026.
Fortune
November 20, 2024
Walmart has mastered the dupe, sending the wealthy flocking to its stores
The company said about 75% of its gains this quarter came from customers making more than $100,000 per year.
Fortune
November 20, 2024
Two brothers were indicted for running a streaming service with live NFL, NBA, and NHL games—for as little as $10 a month
Authorities pegged the economic harm done by the illegal streamers at more than $100 million
Fortune
November 20, 2024
Tropicana reignited a 15-year feud with customers over its packaging design, slimming down bottles
The orange juice giant lost 20% of sales in less than two months in 2009 after a wildly unpopular brand redesign.
Fortune
November 20, 2024
Quiet Capital raises $377 million for new fund: Filing
The San Francisco-based venture firm has invested in companies including Airbnb, DuckDuckGo, and Gusto.
Fortune
November 19, 2024
Musk and Trump watch SpaceX launch together in Texas
Trump’s granddaughter Kai Trump posted a photo of her with Musk at one of Trump’s golf resorts, writing that Musk was "achieving uncle statu...
Fortune
November 19, 2024
A teen boy has been removed from school after fake images of nude female students appeared in a chat room
Pennsylvania students held a walkout this month, marching around the campus and chanting, “Hear us. Acknowledge us. See us."
Fortune
November 19, 2024
SEC's Mark Uyeda waves off rumors he could be Trump's pick for Chairman
Uyeda signaled that SEC chair Gary Gensler's time is nearing its end.
Fortune
November 19, 2024
Delta partners with Shake Shack to offer in-flight burgers
The Shake Shack meal will also come with chips, a Caesar salad, and a dark chocolate brownie.
Fortune
November 19, 2024
Trump taps Dr. Oz, a heart surgeon famous for appearing on Oprah who was later criticized for pushing fad diets and detoxes, to lead Medicare and Medicaid Services
Dr. Mehmet Oz hosted "The Dr. Oz Show," which focused on health and wellness advice and won nine Daytime Emmy Awards.
Fortune
November 19, 2024
Trump taps Dr. Oz, a heart surgeon famous for appearing on Oprah who was later criticized for pushing fad diets and detoxes, to lead Medicare and Medicaid Services
Dr. Mehmet Oz hosted "The Dr. Oz Show," which focused on health and wellness advice and won nine Daytime Emmy Awards.
Fortune
November 19, 2024
At Web Summit, no sign of an AI slowdown
Some critics of today's LLM-based AI boom hope the world moves on—but so far there's no sign of that happening.
Fortune
November 19, 2024
Trump and Coinbase CEO speak by phone as crypto industry looks to flex new political influence
The call came at a time when the crypto industry is poised to enjoy unprecedented power in Washington DC.
Fortune
November 19, 2024
Oakland accidentally publishes draft report saying city is nearly bankrupt before swapping it with official document
The draft report, briefly posted on the city’s website, claimed that Oakland faced a $93 million budget shortfall and warned of insolvency i...
Fortune
November 19, 2024
A mystery buyer is secretly snapping up condos in a 22-story tower flanked by billionaire Ken Griffin's empire
Is it him?
Fortune
November 19, 2024
Will Nvidia earnings prompt a sell-off? Wall Street is divided
Multiple analysts said Wednesday’s call could prove to be a “sell the news” event, just like last quarter.
Fortune
November 19, 2024
Jensen Huang must answer 3 main questions when Nvidia reports earnings
The AI chip darling will once again take center stage for Wall Street when it reports after the bell on Wednesday.
Fortune
November 19, 2024
Germany says it won’t be intimidated by new Russia nuclear doctrine: ‘Putin is playing with our fear’
"Putin is playing with our fear," Baerbock said. “He didn’t just start doing this 1,000 days ago. He started back in 2014."
Fortune
November 19, 2024
Xockets board member: Our case against Nvidia and Microsoft is about the future of American innovation
Xockets claim Nvidia and Microsoft are infringing by appropriating the small innovator’s patented DPU chip and boycotting its efforts to sel...
Fortune
November 19, 2024
Trump expected to tap billionaire crypto booster Cantor Fitzgerald CEO Howard Lutnick as Commerce Secretary
Scott Bessent, Key Square Capital CEO, considered frontrunner for Treasury spot
Fortune
November 19, 2024
The 5 best and 5 worst countries for work-life balance—and American workers have it bad
Finland tops the list, while a 45-minute longer grind drags the U.S. down.
Fortune
November 19, 2024
The soft skills crisis: 1 in 4 execs wouldn't even think of hiring an entry-level Gen Z grad
Even 40% of Gen Zers admitted there’s a huge gap between the soft skills they need for an entry-level job and what they have.
Fortune
November 19, 2024
TSA braces for record-setting crowds at Thanksgiving
Also, did you know you can bring a Turkey with you as a carry-on?
Fortune
November 19, 2024
Europe on edge: What Trump 2.0 means for Ukraine, NATO, and the EU
'Trump will divide Europe’s long-term response to the war,' write former Estonian President Toomas Ilves and Yale political scientist Lauren...
Fortune
November 19, 2024
New strain of mpox found in California
Patient recently traveled to the U.S. from Africa, where the strain is endemic.
Fortune
November 19, 2024
Blackstone acquires Jersey Mike’s sandwich chain with plans to ‘accelerate its expansion’
The transaction is "intended to help enable Jersey Mike’s to accelerate its expansion across and beyond the U.S. market," the companies said...
Fortune
November 19, 2024
Instagram is about to offer a 'reset' button for your feed
Your chance to clear out suggestions that are of no interest.
Fortune
November 19, 2024
Food waste is full of surprisingly low-hanging fruits to help tackle climate change, a growing body of evidence shows
The vast volumes of food we send to landfills account for an estimated 20% of current methane emissions.
Fortune
November 19, 2024
Stablecoin company Noble raises $15 million in Series A from Paradigm
The company seeks to help stablecoin issuers distribute their product to a growing number of appchains.
Fortune
November 19, 2024
Millennials choosing to be DINKs could push GDP down by as much as 4%
"By the time you get to 2030, you're talking about a birth rate that is wildly different to what was in the assumptions made at the beginnin...
Fortune
November 19, 2024
Archegos founder Bill Hwang tells court he can't pay $10 billion compensation to victims because he's only a millionaire
Lawyers for the disgraced whale don't believe a U.S. federal court should order any restitution to banks that agreed to lend him money under...
Fortune
November 19, 2024
Eileen Fisher targets millennials and Gen Z
The original "slow fashion" brand hit 40 years old this fall.
Fortune
November 19, 2024