200 top CEOs reveal how AI is already transforming their sectors at Yale summit

https://fortune.com/img-assets/wp-content/uploads/2024/06/Yale-CEO-Summit-Screenshot-v3-e1718645960921.png?w=2048

The AI-fueled transformation is happening in plain sight, the world's top CEOs reveal at Yale summit.

https://fortune.com/2024/06/17/200-top-ceos-reveal-how-ai-is-already-transforming-their-sectors-at-yale-summit/


The IRS is cracking down on the billionaire tactic of shifting assets to avoid taxes: It's 'really just a shell game'

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-2151942396-e1718644657111.jpg?w=2048

Ending the loophole could raise $50 million in the next decade.

https://fortune.com/2024/06/17/irs-cracking-down-on-elite-shell-game/


Senator blasts 'gross financial mismanagement' at hospital chain that filed for bankruptcy, seeking to protect pay and benefits for 30,000 workers

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-2155602429-e1718642565619.jpg?w=2048

Steward Health Care last month said it plans to sell off all its hospitals after announcing that it filed for bankruptcy protection.

https://fortune.com/2024/06/17/steward-health-care-bankruptcy-senator-ed-markey-workers-pay-benefits/


Elon Musk's eye-watering $45 billion pay package is 275 greater than the median S&P 500 CEOs'—and easily dwarfs Apple and Netflix bosses'

https://fortune.com/img-assets/wp-content/uploads/2024/06/AP24165724192297-e1718641214790.jpg?w=2048

The Tesla CEO's 10-year pay plan is the largest award to a CEO of a U.S. public company.

https://fortune.com/2024/06/17/elon-musks-tesla-pay-package-apple-netflix-ceo-sp-500/


Get ready to pay more at Waffle House

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1231458080-e1718633982269.jpg?w=2048

Menu prices are going up as well.

https://fortune.com/2024/06/17/waffle-house-increasing-base-pay-menu-prices/


McDonald’s just fired its drive-thru AI and is turning to humans instead

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-688056784-e1718633937940.jpg?w=2048

Company ends partnership with IBM.

https://fortune.com/2024/06/17/mcdonalds-ai-order-taking-drive-thru-ends/


Laurene Powell Jobs buys a fourth Malibu property for $94 million

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1786607349-e1718633785685.jpg?w=2048

It’s her fourth purchase in Malibu in 10 years.

https://fortune.com/2024/06/17/laurene-powell-jobs-94-million-malibu-mansion-apple-steve-jobs-widow/


Gen Z workers are rediscovering interpersonal skills in the post-pandemic AI era—and the stakes couldn’t be higher

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-902220454-e1718631631381.jpg?w=2048

Gen Z workers must re-learn the power of a personal touch in an increasingly digital world.

https://fortune.com/2024/06/17/gen-z-workers-interpersonal-skills-post-pandemic-ai-era-careers/


Aeroplan is the credit card transfer partner you didn’t know you needed. Here’s why.

https://fortune.com/img-assets/wp-content/uploads/2024/06/Recommends_Aeroplan-guide-GettyImages-1847555753-e1718199647818.png?w=2048

With high point values and a long list of Star Alliance partners, Air Canada is an excellent and underrated transfer partner for Chase, Capital One, Amex and more.

https://fortune.com/recommends/credit-cards/aeroplan-credit-card-transfer-partner-guide/


U.S. Surgeon General wants Congress to put warning labels on social media just like cigarettes

https://fortune.com/img-assets/wp-content/uploads/2024/06/AP24151074152822-e1718624535878.jpg?w=2048

Dr. Vivek Murthy said that the use of just a warning label wouldn't make social media safe for young people, but would be a part of the steps needed.

https://fortune.com/2024/06/17/us-surgeon-general-congress-warning-labels-social-media-cigarettes/


London snatches the crown from Paris as Europe’s largest stock market after Emmanuel Macron’s snap election sends investors into a spin

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1393442727-e1718621786654.jpg?w=2048

London lost its position as the leading stock market last time following political chaos under former Prime Minister Liz Truss.

https://fortune.com/europe/2024/06/17/london-paris-europes-largest-stock-market-emmanuel-macron-snap-france-election-investors/


Maryland governor Wes Moore wants to boost economic growth in his state—so he's pardoning 175,000 marijuana convictions to get the ball rolling

https://fortune.com/img-assets/wp-content/uploads/2024/06/AP24169224004207-e1718622659605.jpg?w=2048

Moore said he planned to "right a lot of historical wrongs" and create inclusive economic growth.

https://fortune.com/2024/06/17/maryland-governor-wes-moore-inclusive-economic-growth-plan/


Gen Z is the most climate-conscious group in the workforce—but only 1 in 20 have the skills to do anything about it, LinkedIn warns

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1733242252-e1718618278981.jpg?w=2048

At the current rate of progress, businesses risk failing their net zero targets because of inexperienced Gen Zers, LinkedIn's new report warns.

https://fortune.com/2024/06/17/gen-z-most-climate-conscious-generation-workforce-lac-green-skills-linkedin-warns/


Nvidia CEO Jensen Huang says a gardener taught him one of the most ‘profound learnings’ of his life—it’s why he can be on top of every detail at the $3.2 trillion chip giant

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-2155386266-e1718619236981.jpg?w=2048

Nvidia CEO Jensen Huang told Caltech students a conversation with a Japanese gardener changed his outlook on life.

https://fortune.com/2024/06/17/nvidia-ceo-jensen-huang-japanese-gardener-leadership-lesson/


AI and deepfakes are remaking local elections as legislation stalls in Washington: 'Congress is pathetic'

https://fortune.com/img-assets/wp-content/uploads/2024/06/AP24166701564129-e1718618838825.jpg?w=2048

One challenge in separating fact from fiction is the decline of local news outlets, which in many places has meant far less coverage of candidates running for state and local office.

https://fortune.com/2024/06/17/ai-deepfakes-remake-local-elections-legislation-stalls-congress/


New $300m 'Airglades' cargo airport could transform one of Florida's poorest counties. But first it has to overcome an education deficit

https://fortune.com/img-assets/wp-content/uploads/2024/06/AP24094491691722-e1718617696216.jpg?w=2048

Before local leaders can prepare residents for jobs in engineering and manufacturing, educators must first help them earn their GEDs and learn English.

https://fortune.com/2024/06/17/300-million-airglades-cargo-airport-florida-education-deficit/


Ferrari's CEO is in no rush to go fully electric and wishes to retain the trademark 'roar'

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-2153648877-e1718616160790.jpg?w=2048

“Some would-be customers tell me that they’d only join the Ferrari community if they could buy an electric,” the CEO said. Others say “they would never purchase an electric Ferrari.”

https://fortune.com/europe/2024/06/17/ferrari-ceo-benedetto-vigna-no-rush-to-go-fully-electric-wishes-to-retain-the-roar-despite-rival-byds-ev-expansion/


Marvel’s next Deadpool movie is getting a China release

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-2151489773-e1718615635744.jpg?w=2048

The decision, which Marvel Studios announced via social media Monday, raises the earnings potential of one of Disney’s biggest films of the year.

https://fortune.com/asia/2024/06/17/marvel-deadpool-movie-china-release-disney-box-office-earnings/


Danone, like Swiss competitor Nestle, is doubling down on foods for an aging population

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1246846104-e1718614386417.jpg?w=2048

The medical nutrition unit will be a big part of the next stage of Danone’s recovery effort.

https://fortune.com/europe/2024/06/17/danone-like-swiss-competitor-nestle-is-doubling-down-on-foods-for-an-aging-population/


China’s premier says relations with Australia are ‘back on track’ after Beijing removes tariffs on wine and barley

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-2157760928-e1718601108911.jpg?w=2048

China premier Li Qiang is in Australia for a four-day visit, the first by a senior Chinese official in seven years.

https://fortune.com/asia/2024/06/17/china-premier-li-qiang-relations-with-australia-back-on-track-lifts-tariffs-wine-barley/


Microsoft’s Japan head thinks the aging country needs AI

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-2157348864-e1718612278225.jpg?w=2048

“We all were wowed when the internet came,” said Microsoft Japan President Miki Tsusaka. “Mobile phones now are part of our bodies. But generative AI, I think, is a technology revolution that surpasses all of those.”

https://fortune.com/asia/2024/06/17/microsoft-japan-head-miki-tsusaka-aging-country-needs-ai/


Bill Gates says he's ready to plow billions into a next-gen nuclear plant being built by his startup

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-2151909053-e1718578150195.jpg?w=2048

“I put in over a billion, and I’ll put in billions more,” said Gates.

https://fortune.com/2024/06/16/bill-gates-billions-terrapower-startup-next-gen-nuclear-plant-wyoming/


Top Wall Street bear surrenders to bull market and flips forecast, now seeing the S&P 500 soaring to 6,000 by year-end

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1384646810-e1718576311572.jpg?w=2048

"Today, GenAI’s potential in every job and sector is inflecting. The backdrop of slowing inflation, a Fed intent on cutting rates and growth support Goldilocks.”

https://fortune.com/2024/06/16/stock-market-outlook-evercore-sp500-6000-wall-street-highest-forecast/


Electricity prices in France turn negative as renewable energy floods the grid

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-2152495207-e1718575229757.jpg?w=2048

French day-ahead power fell to -€5.76 a megawatt-hour, the lowest in four years, in an auction on Epex Spot.

https://fortune.com/2024/06/16/electricity-prices-france-negative-renewable-energy-supply-solar-power-wind-turbines/


Gen X is the least confident about retirement as 'crunch time' nears—and has done less to prepare than boomers or millennials

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-84468865-e1718569383162.jpg?w=2048

"Gen Xers are reaching crunch time for retirement planning. For Gen Xers, retirement is no longer this far off idea."

https://fortune.com/2024/06/16/gen-x-retirement-least-confident-baby-boomers-millennials-savings-financial-planning/


The U.S. economy is the most dynamic it's ever been as AI and infrastructure overpower Fed rate hikes, 'Big Short' investor Steve Eisman says

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-949516740-e1718561182643.jpg?w=2048

"Definitely hold on to your Apple position," he said. "It's too central a figure in the whole story."

https://fortune.com/2024/06/16/us-economy-most-dynamic-ever-ai-infrastructure-apple-big-short-steve-eisman/


High home price are 'feudalizing' California as unaffordable housing markets pose existential threat to middle class, study says

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1309218211-e1718555498587.jpg?w=2048

There are unaffordable housing markets, and then there are "impossibly unaffordable" markets, four of which are in California, a recent study said.

https://fortune.com/2024/06/16/housing-market-crisis-impossibly-unaffordable-cities-california-feudalizing-land-home-prices/


Elon Musk's Neuralink forced a pregnant employee to work with herpes-infected monkeys that scratched her, lawsuit says

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1963646780-e1718552105327.jpg?w=2048

The startup is in the early stages of clinical trials for its device, which is aimed at restoring function for paralyzed patients.

https://fortune.com/2024/06/16/elon-musk-neuralink-herpes-monkeys-pregnant-employee-lawsuit/


Six Flags opens its first luxury hotel, which features daily giraffe feedings at safari-themed park

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-453678791-e1718550830927.jpg?w=2048

Stays at Savannah Sunset begin at $599 per night during the summer season—with a two-night minimum—which puts it within range of some of Walt Disney World’s most high-end hotels.

https://fortune.com/2024/06/16/six-flags-first-luxury-hotel-savannah-sunset-resort-spa-safari-theme-park/


The FAA is investigating a Southwest flight that came within 400 feet of slamming into the ocean

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-2051578254-e1718549736562.jpg?w=2048

The Boeing 737 Max 8 jet briefly dropped at an abnormally high rate of more than 4,000 feet per minute before the flight crew pulled up to avoid disaster.

https://fortune.com/2024/06/16/southwest-flight-mishap-hawaii-faa-investigation-boeing-737-max-8/


Some retailers and brands 'play it safe' with more subdued Pride Month amid election year

https://fortune.com/img-assets/wp-content/uploads/2024/06/AP24163125202439-e1718548393228.jpg?w=2048

“It’s not dropping the support," said Barbara Kahn, a marketing professor at University of Pennsylvania's Wharton School. “But they’re dropping the spotlight."

https://fortune.com/2024/06/16/pride-month-retailers-brands-target-nike-subdued-marketing-advertising-election-year/


Gen Z loves astrology and tarot. Now the stock-obsessed generation is using vibes to day-trade

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1336738322-e1718388855951.jpg?w=2048

Behavioral finance experts are shaking their heads at the young generation’s strategy—but don’t blame the youth for inventing the ill-advised techniques.

https://fortune.com/2024/06/16/gen-z-stocks-tarot-astrology-day-trade/


Stocks are sexy, but these market gurus see a generational opportunity in bonds

https://fortune.com/img-assets/wp-content/uploads/2024/06/Persson_Anders_408-e1717702476758.jpg?w=2048

“The entry point is just very, very attractive,” Nuveen's CIO of fixed income Anders Persson told Fortune.

https://fortune.com/2024/06/16/stocks-are-sexy-but-market-gurus-see-generational-opportunity-bonds/


As a new father, I was blindsided by postpartum depression. I'm not alone

https://fortune.com/img-assets/wp-content/uploads/2024/06/Saalfield-Head-Shot-I.jpg?w=2048

First-time fatherhood left me unable to feel anything but exhausted and powerless.

https://fortune.com/well/article/postpartum-depression-men/


A rivalry that predates the Civil War is about to heat up with a vote on subsidizing a new stadium

https://fortune.com/img-assets/wp-content/uploads/2024/06/AP24165830372104-e1718492608499.jpg?w=2048

The Kansas Legislature's top leaders endorsed helping the Chiefs and professional baseball's Kansas City Royals finance new stadiums in Kansas ahead of a special session set to convene Tuesday.

https://fortune.com/2024/06/15/kansas-city-chiefs-new-stadium-subsidy-construction-bonds-vote-royals-missouri-rivalry/


A rare flesh-eating bacteria with a 'terrifying' mortality rate that can kill people in 48 hours is spreading in Japan

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1301753164-e1718491179790.jpg?w=2048

“As soon as a patient notices swelling in foot in the morning, it can expand to the knee by noon, and they can die within 48 hours.”

https://fortune.com/2024/06/15/flesh-eating-bacteria-terrifying-mortality-rate-group-a-streptococcus-shock-syndrome-japan/


Meet the co-owner of the NBA's Dallas Mavericks: A casino mogul trying to bring gambling to a reluctant state

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-2156682785-e1718489306513.jpg?w=2048

“The NBA is a multifaceted business. It’s a media business, a hospitality business and a culinary business. It’s all about experience."

https://fortune.com/2024/06/15/nba-dallas-mavericks-owner-patrick-dumont-las-vegas-sands-casino-texas-legalized-gambling/


Colliding hot and cold fronts whipsaw the U.S. with extreme heat, flooding, and a chance of snow

https://fortune.com/img-assets/wp-content/uploads/2024/06/AP24164655290369-e1718487726524.jpg?w=2048

While most of the country bakes, parts of Montana have been placed under winter storm watches with a potential for wet snow Monday night.

https://fortune.com/2024/06/15/extreme-weather-climate-change-severe-heat-wave-warning-flooding-snow/


U.S. debt could threaten the economic growth that's needed to keep the burden sustainable, former IMF official says

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1498234835-e1718479759252.jpg?w=2048

"Even absent this dire scenario, meeting additional interest obligations as the debt ratio rises could require the federal government to cut discretionary spending, with negative implications for economic growth."

https://fortune.com/2024/06/15/us-debt-crisis-interest-expense-economic-growth-deficit-sustainability-gdp-ratio/


More Americans are suddenly planning to have babies and buy new homes, even as consumer sentiment sinks

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1337746534-e1718473670203.jpg?w=2048

The share of respondents who said that they or their partner was expecting/trying to have/adopt a baby hit the highest level since February 2023.

https://fortune.com/2024/06/15/economic-outlook-new-baby-expectations-fertility-home-buying-consumer-sentiment/


Former Yankees star Derek Jeter's N.Y. castle may finally have a buyer after its asking price was slashed by more than half

https://fortune.com/img-assets/wp-content/uploads/2024/06/AP24167587233620.jpg?w=2048

The property, known as Tiedemann Castle, went into contract with a buyer in late May after the asking price was lowered to $6.3 million.

https://fortune.com/2024/06/15/derek-jeter-new-york-yankees-tiedemann-castle-buyer-asking-price-slashed/


Nvidia stock accounts for more than a third of the S&P 500's gains this year—and it's a big risk for investors, top economist says

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-2155386322-e1718468952499.jpg?w=2048

"The bottom line is that the extreme concentration of returns in the S&P 500 makes investors more vulnerable to single headlines impacting the one stock driving index returns."

https://fortune.com/2024/06/15/nvidia-stock-valuation-nvda-sp500-returns-market-capitalization-risk-investors/


Wall Street forecasters are struggling to keep up with the stock market's relentless surge as the S&P 500 blows past year-end targets

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-2155799744-e1718467251623.jpg?w=2048

Goldman Sachs Group Inc. strategists have boosted their year-end target for the S&P 500 Index for a third time.

https://fortune.com/2024/06/15/stock-market-outlook-wall-street-forecasters-sp500-year-end-targets/


As 'Roaring Kitty' amasses $262 million in GameStop shares, investors are wondering who's really manipulating the market

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-2155813192-e1718466056973.jpg?w=2048

This time around, the existential question is about what counts as market manipulation.

https://fortune.com/2024/06/15/gamestop-stock-craze-keith-gill-roaring-kitty-market-manipulation-meme-stock-investing/


People are 'desperately willing' to dump thousands of dollars on sham stem-cell injections

https://fortune.com/img-assets/wp-content/uploads/2024/06/AP24130493459929-e1718464069657.jpg?w=2048

Stem cells are considered experimental for most uses, despite being marketed as a treatment for everything from autism and emphysema to sports injuries.

https://fortune.com/2024/06/15/stem-cell-injection-scam-treatments-costs-lawsuits-fda-warning/


Big-box chains are funding a California ballot measure to crack down on retail theft, setting up clash with progressive lawmakers

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1442107515-e1718462862624.jpg?w=2048

State lawmakers are trying to preserve progressive policies and stay away from putting more people behind bars.

https://fortune.com/2024/06/15/retail-theft-shoplifting-big-box-chains-california-ballot-measure-progressive-policies/


A bank doled out $19 million to two executives just to keep them from walking away—but there are strings attached

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1288314453-e1718459786340.jpg?w=2048

The two execs are considered potential candidates to succeed the current CEO and chairman.

https://fortune.com/2024/06/15/ceo-succession-citizens-financial-golden-handcuffs-retention-bonus-award/


The $200,000 starter home is going extinct

https://fortune.com/img-assets/wp-content/uploads/2024/06/Real_estate_exploding_house_red.jpg?w=2048

There are some “affordability havens” for now, though.

https://fortune.com/2024/06/15/housing-market-starter-home-going-extinct-affordability-havens/


Brides and grooms are cracking down on wedding guests and publicly shaming those who don't comply with their gift registries and dress codes

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1222865376-e1718384711824.jpg?w=2048

This attitude is “in sharp contrast to the reason for a wedding celebration: love, community, [and] commitment,” etiquette expert says.

https://fortune.com/2024/06/15/wedding-etiquette-cracking-down-dress-code-registry-gift-budget/


How Jake Paul defied FBI raids and YouTube controversy to launch a business empire and cult-like following

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-2153320270-e1718399274229.jpg?w=2048

Influencer-turned-boxer Jake Paul said he learned from his “1,000 failures” to launch a new consumer brand across 4,300 Walmart locations worldwide.

https://fortune.com/2024/06/15/jake-paul-business-empire-youtube-walmart-w-anti-fund-venture-capital/


Running can be a powerful antidote to loneliness

https://fortune.com/img-assets/wp-content/uploads/2024/06/100001528044.jpg?w=2048

Running with a group can bring a slew of both physical and mental benefits.

https://fortune.com/well/2024/06/15/another-health-benefit-of-running-it-can-be-a-powerful-antidote-to-loneliness/


Notorious conspiracy theorist Alex Jones' assets will be sold to pay a $1.5 billion debt to families of the Sandy Hook massacre victims

https://fortune.com/img-assets/wp-content/uploads/2024/06/AP24166531281812-e1718406623626.jpg?w=2048

The court-ordered consequence is the result of Jones' defamatory claims that the shooting, which claimed the lives of 20 children and six teachers, was a "hoax" portrayed by actors.

https://fortune.com/2024/06/14/alex-jones-assets-will-be-sold-debt/


Hugging Face CEO says he hears from 10 AI founders a week who want to sell their startups

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1663179404-e1718404736296.jpg?w=2048

“This year, in particular, it has increased quite a lot,” the CEO said.

https://fortune.com/2024/06/14/hugging-face-ceo-10-founders-week/


Jensen Huang made Nvidia a $3 billion juggernaut. But the path to success was filled with ‘despair’ and ‘torture’

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1820547400_7391f4-e1718400977812.jpg?w=2048

At a Fortune conference in 2018, the tech CEO said “there’s no point in starting a company unless you want to make a meaningful contribution to society.”

https://fortune.com/2024/06/14/jensen-huang-made-nvidia-a-3-billion-juggernaut-despair-torture/


Google CEO denies offering to buy a startup for $600 million that later went up in flames

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-2151466522-e1718397898514.jpg?w=2048

Prosecutors alleged a startup founder told at least one possible investor that he had an offer from the tech giant.

https://fortune.com/2024/06/14/google-ceo-denies-offering-to-buy-ozy/


Kickstarter shakes up leadership team, terminating senior employees and promoting execs, as it tries to rebrand itself

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1473285792-e1718393980313.jpg?w=2048

The restructuring is the latest attempt by the once-buzzy startup to restore its relevance.

https://fortune.com/2024/06/14/kickstarter-shakeup-a16z-crowdfunding-executives/


Bank of America says Broadcom could be the next trillion-dollar company—but rival Nvidia would still be 3 times larger

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1232724006-e1718384747814.jpg?w=2048

While Nvidia stands as the undisputed winner of the AI chip wars, it soon could have a rival.

https://fortune.com/2024/06/14/bank-of-america-broadcom-nvidia-chips-chipmakers-artificial-intelligence/


The Fed hits Evolve bank with order over fintech troubles

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1246652809.jpg?w=2048

The U.S. central bank has issued an enforcement action against gainst Evolve Bank & Trust for failing to comply with anti-money laundering, risk management, and consumer compliance programs.

https://fortune.com/2024/06/14/the-fed-hits-evolve-bank-with-order-over-fintech-troubles/


Workplace incivility is one the rise: 'It's about basic respect'

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1499471032-e1718310781822.jpg?w=2048

"It affected my self-esteem, big-time," says a woman who left her job over her poor treatment.

https://fortune.com/well/article/workplace-incivility-gaslighting-gossip-disrespect/


‘You don't have to be special.’ Tom Brady, the sixth-round draft pick turned five-time Super Bowl MVP, tells fans how he became a legend at his Patriots Hall of Fame ceremony

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-2153574003-e1718390851725.jpg?w=2048

Brady retired from the NFL last year as arguably the greatest to ever do it, and launched a number of business ventures in his second chapter.

https://fortune.com/2024/06/14/tom-brady-success-hall-of-fame/


Tubi becomes a modern-day David and Goliath story, soaring over streaming giants

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1928392891-e1718388808984.jpg?w=2048

Free platform Tubi outpaces legacy streamers.

https://fortune.com/2024/06/14/tubi-becomes-a-modern-day-david-and-goliath-story-soaring-above-other-streaming-giants/


Edward Snowden eviscerates OpenAI's decision to put a former NSA director on its board—'this is a willful, calculated betrayal of the rights of every person on Earth'

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-459251249-e1718388631239.jpg?w=2048

Snowden, who leaked highly classified NSA documents in 2013, said there is only “one reason” for appointing the top intelligence official.

https://fortune.com/2024/06/14/edward-snowden-eviscerates-openai-paul-nakasone-board-directors-decision/


AI can contribute to human flourishing—but there are things it can’t replace

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1971231926-e1718381640796.jpg?w=2048

AI will be a powerful catalyst for social mobility in the 21st century—but let’s not overstate its potential.

https://fortune.com/2024/06/14/ai-human-flourishing-future-politics-economy-tech/


OpenAI just beefed up its security credibility thanks to its newest board member, who used to be a top U.S. cyberwarrior

https://fortune.com/img-assets/wp-content/uploads/2024/06/AP24166522988748-e1718380216981.jpg?w=2048

Paul Nakasone led the Army branch of U.S. Cyber Command under the last two presidencies until he retired in February.

https://fortune.com/2024/06/14/openai-security-credibility-paul-nakasone-board-member-cyberwarrior-army-intelligence/


U.S. shoppers can't shake inflation gloom as consumer sentiment slumps for third straight month

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1464426585-e1718378057507.jpg?w=2048

The pattern of shopper anxiety has continued since the pandemic, particularly when inflation spiked in 2022.

https://fortune.com/2024/06/14/inflation-anxiety-consumer-sentiment-june-federal-reserve/


The rise of the Roth IRA: Gen Z and millennials have a new favorite investment account

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1460179345-e1718376473995.jpg?w=2048

Give it up for young people: They're not letting financial obstacles get in their way.

https://fortune.com/2024/06/14/roth-ira-401k-gen-z-millennials-retirement-saving/


Gen X cancer rate set to surpass those of Baby Boomers

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1384528178-e1718222474925.jpg?w=2048

By the time they turn 60, Gen Xers are projected to see a cancer rate higher than that of older generations

https://fortune.com/well/article/gen-x-cancer-rates-surpass-baby-boomers/


Sorry, Netflix binge-watchers. Too much TV may be cutting your lifespan

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-992047346-e1718227939672.jpg?w=2048

Here's how to watch TV mindfully and with limits.

https://fortune.com/well/2024/06/14/sorry-netflix-binge-watchers-too-much-tv-lifespan/


Xylitol may increase your risk of heart attack and stroke, study shows. What to know about the sugar substitute

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1413300830-e1718115140418.jpg?w=2048

The low-calorie sweetener is often marketed as a healthy glucose alternative.

https://fortune.com/well/article/xylitol-sugar-substitute-heart-attack-stroke-risk/


United credit cards get a boost: should you apply?

https://fortune.com/img-assets/wp-content/uploads/2024/06/Recommends_United-Credit-Cards-LTO-e1718299506894.jpg?w=2048

An increased bonus for certain United Airlines credit cards from Chase make summer and fall travel even more achievable than before.

https://fortune.com/recommends/credit-cards/chase-united-airlines-card-limited-time-offer/


Roaring Kitty sends a hidden message to GameStop CEO Ryan Cohen by raising stake to 9 million shares

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-2155799495-e1718366605209.jpg?w=2048

GameStop investors believe the meme stock trader may be angling for a seat on the board after acquiring 2% of the company.

https://fortune.com/2024/06/14/gamestop-roaring-kitty-keith-gill-meme-stock-ryan-cohen-board-seat/


Apple is being sued by female employees who say it ‘systemically’ pays women less than male counterparts for similar work

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-2156395038-e1718364529722.jpg?w=2048

Justina Jong and Amina Salgado filed the suit on behalf of more than 12,000 current and former female employees in Apple’s engineering, marketing and AppleCare divisions in California.

https://fortune.com/2024/06/14/apple-sued-female-employees-pays-women-less-male-counterparts-similar-work/


Whole Foods CEO’s least favorite type of worker is the know-it-all

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1728612650-e1718361731829.jpg?w=2048

Whole Foods CEO Jason Buechel said: "I learned the hard way that you have to be flexible, especially in today's world.”

https://fortune.com/2024/06/14/whole-foods-ceo-jason-buechel-least-favorite-type-of-worker/


Balenciaga goods are going for 40% off in China

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-2155363950-e1718362824622.jpg?w=2048

A similar trend can be seen for other labels. Capri Holdings’s Versace, LVMH’s Givenchy and Burberry Group have all slashed prices

https://fortune.com/asia/2024/06/14/balenciaga-40-off-china-luxury-brands-public-sale-fifth-avenue/


Stellantis boss blames his 'arrogance' for 3 mistakes in U.S. market

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-2156418793-e1718361185723.jpg?w=2048

Stellantis CEO Carlos Tavares says he should have set up a task force before three crucial issues converged to hit the carmaker.

https://fortune.com/europe/2024/06/14/stellantis-boss-blames-arrogance-3-mistakes-double-digit-sales-decline-us/


3 in 4 Gen Zers are interested in vocational training as uncertainty and AI shape the minds of the next ‘toolbelt generation’

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1295215765-e1718358642244.jpg?w=2048

Three-quarters (75%) of Gen Z respondents say they are interested in exploring vocational schools that offer paid, on-the-job training.

https://fortune.com/2024/06/14/gen-zers-vocational-training-uncertainty-ai-toolbelt-generation-careers/


EPA urged to conduct soil studies near the site of a toxic Ohio train derailment

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1259090798-e1718356478872.jpg?w=2048

Nonprofit Government Accountability Project argues that the EPA should have already followed up on the tests of gardens and crops in the city where the Norfolk Southern derailment took place.

https://fortune.com/2024/06/14/epa-test-soil-toxic-ohio-train-derailment-site/


Russia is holding off on dollar and euro trading altogether after a new round of sanctions kicks in

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1239463152-e1718355482484.jpg?w=2048

“What will not change is the continued strengthening of the yuan’s position in Russia."

https://fortune.com/europe/2024/06/14/russia-is-holding-off-on-dollar-and-euro-trading-altogether-after-a-new-round-of-sanctions-kick-in-chinese-yuan/


U.S. cities are using shipping containers to build gated micro-communities for homeless people

https://fortune.com/img-assets/wp-content/uploads/2024/06/AP24123626901583-e1718355136827.jpg?w=2048

Faced with years of rising homelessness rates and failed solutions, city officials across the U.S. have been embracing rapid housing options emphasizing three factors: small, quick and cheap.

https://fortune.com/2024/06/14/cities-shipping-containers-gated-micro-communities-atlanta-homeless-people/


Jeff Bezos-backed Perplexity AI wants to upend search business

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-2147907323-e1718354496771.jpg?w=2048

Perplexity CEO Aravind Srinivas has spent much of the past week defending the company.

https://fortune.com/2024/06/14/perplexity-ai-forbes/


ARK Invest’s Cathie Wood says digital wallet wars will be a ‘winner-take-most’ opportunity

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-2089850481-e1718325432607.jpg?w=2048

In conversation with Coinbase’s CEO Brian Armstrong at the company’s State of Crypto Summit on Thursday, Wood argued that digital wallets could be a race where one winner takes all.

https://fortune.com/crypto/2024/06/14/ark-invests-cathie-wood-says-digital-wallet-wars-will-be-a-winner-take-most-opportunity/


The FDA lost a whistleblower complaint about unsanitary conditions at an infant formula plant for a year, auditors revealed

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1444805598-e1718330208896.jpg?w=2048

It wasn’t found until a reporter requested it in June 2022.

https://fortune.com/2024/06/13/the-fda-lost-a-whistleblower-complaint-infant-formula/


Donald Trump aims to entice CEOs with lucrative tax cuts while Biden wants to win them over by vowing to maintain stability

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-2156821290-e1718328901381.jpg?w=2048

The influential Business Roundtable plans to spend $10 million on a campaign for business-friendly tax codes.

https://fortune.com/2024/06/13/donald-trump-aims-to-entice-ceos-biden-stability/


A 58-year-old Canadian man stole trade secrets from Tesla and tried to sell them on YouTube, authorities say

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-149232661-e1718327874502.jpg?w=2048

His accomplice is still at large, according to the Department of Justice.

https://fortune.com/2024/06/13/canadian-man-stole-trade-secrets-tesla-china/


Elon Musk’s $46 billion told-ya-so: love for ‘incredible’ shareholders, dunks on New York investors, and the promise of a 110x increase in value

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-2148557371-e1718319758797.jpg?w=2048

A buoyant Musk thanked Tesla’s shareholders after they voted to reinstate his pay package, the largest in corporate history. “Hot damn, I love you guys.”

https://fortune.com/2024/06/13/elon-musks-46-billion-pay-package-tesla-shareholder-ceo-executive-pay/


CEOs make nearly 200 times more than other workers and their pay hikes keep outpacing employees. It’s an ‘outrage,’ a top advisor says

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-2151265017-e1718317957716.jpg?w=2048

More than 95% of Democrats, and two thirds of Republicans, say reducing CEO pay is an important issue.

https://fortune.com/2024/06/13/ceos-make-nearly-200-times-more-than-workers/


 ‘The Blair Witch Project’ stars still struggle with finances

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1153211.jpg?w=2048

Actors took odd jobs, temp work, even after reaching sensational fame

https://fortune.com/2024/06/13/the-blair-witch-project-stars-say-they-couldnt-pay-for-groceries-after-executives-ran-away-with-their-profits-giant-corporations-dont-care-th/


Private equity firms have avoided taxation on over $1 trillion of income thanks to a loophole, new Oxford research reveals

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-2157434251-e1718304223985.jpg?w=2048

Politicians have vowed to close the loophole for years, but fierce pushback lobbyists from the industry cracked those plans.

https://fortune.com/2024/06/13/private-equity-firms-tax-loophole-carried-interest/


NBA icon Jerry West believed there were 3 types of people in the world—but only one of them destined for success

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-588153940-e1718311247560.jpg?w=2048

West passed away Wednesday at the age of 86.

https://fortune.com/2024/06/13/jerry-west-success-types-of-people-career-advice-commencement-speech/


After sitting on the sidelines for months, sellers finally want to offload their houses, but no one’s buying

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-486523610-e1718302814430.jpg?w=2048

“Home sellers are returning to the market but finding buyers hesitating,” Zillow’s chief economist wrote in a monthly housing report.

https://fortune.com/2024/06/13/lock-in-effect-mortgage-rates-home-prices-housing-market-zillow-redfin/


Online passport renewal is back for eligible applicants.

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1071896328-e1718304690631.jpg?w=2048

Online passport renewal is back for eligible applicants.

https://fortune.com/2024/06/13/new-rule-lets-u-s-travelers-renew-passports-online-how-it-works/


For a South Korean instant noodle brand a first-of-its-kind product recall. Too spicy for Europeans

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1229484686-e1718299912488.jpg?w=2048

A Danish food regulator pulled three varieties of ramen because the spice levels posed a threat to “children and weak or elderly people.”

https://fortune.com/2024/06/13/ramen-noodles-recalled-denmark-too-spicy-buldak-hot-chili-south-korea/


Commercial real estate bargain hunters are snagging offices for ‘extreme’ discounts up to 70%

https://fortune.com/img-assets/wp-content/uploads/2024/06/Real_estate_CRE_downturn_7.jpg?w=2048

“Office is clearly in the worst shape versus the other property types,” one executive says.

https://fortune.com/2024/06/13/commercial-real-estate-office-bargain-extreme-discounts/


Who’s smarter, tech bros or bankers? The finals of a global corporate chess tournament will decide this question once and for all and crown 'the smartest company in the world'

https://fortune.com/img-assets/wp-content/uploads/2024/06/PXL_20240515_192852901.MP_.jpg?w=2048

Employees from companies like Google and Deutsche Bank will square off at the tournament this weekend.

https://fortune.com/2024/06/13/fide-world-corporate-chess-championship-google-goldman-sachs-deutsche-bank/


Here's how the U.K. election front-runners Keir Starmer and Rishi Sunak differ on taxation, healthcare, housing and education

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-2155452286-e1718291034145.jpg?w=2048

The two U.K. front-runners from the Labour and Conservative Parties will go head-to-head in less than a month from now.

https://fortune.com/europe/2024/06/13/uk-general-election-front-runners-keir-starmer-rishi-sunak-labour-conservatives-manifesto-taxation-healthcare-housing-education/


Right-leaning Supreme Court OKs medication used in nearly two-thirds of all U.S. abortions

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1251870808-e1718291356971.jpg?w=2048

Even Justice Brett Kavanaugh, who was part of the majority to overturn Roe, wrote for the court on Thursday that “federal courts are the wrong forum for addressing the plaintiffs’ concerns about FDA’s actions."

https://fortune.com/2024/06/13/supreme-court-oks-mifepristone-medication-used-in-most-abortions/


Napa Valley winemakers are teaching Ukrainian workers a special method to grow grapes on land riddled with mines

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1912428648-e1718290670803.jpg?w=2048

The nonprofit Roots for Peace has worked for decades to remove landmines from war-torn land and convert it into vineyards, orchards, and gardens.

https://fortune.com/2024/06/13/ukraine-napa-valley-winemakers-grow-grapes-landmines-roots-peace-rotary-international/


Electric vehicles’ uphill battle gets steeper as rampant charger theft sours U.S. demand

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1354201778-e1718288658680.jpg?w=2048

EV cables contain copper wiring, which has a hefty price tag in the global market, making them a significant target for theft.

https://fortune.com/2024/06/13/electric-vehicles-charger-theft-us-demand-tesla-ev-copper-wiring-cable/


I’m a CEO and 12 of my employees are in ‘flextirement.’ With boomers opting not to retire, the arrangement will become more common

https://fortune.com/img-assets/wp-content/uploads/2024/06/Jennifer-Barnes-CEO-Optima-office-retirement-boomers-e1718282730710.jpg?w=2048

Flextirement provides a cost-effective way to attract experienced employees and retain them, says Optima Office CEO Jennifer Barnes.

https://fortune.com/2024/06/13/boomers-flextirement-retirement-careers/


Elon Musk declares victory in crunch CEO pay vote hours before shareholder meeting even begins

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-2148589536-e1718276747575.jpg?w=2048

The Tesla CEO turned his pay deal into a confidence vote, knowing investors had no obvious successor in place as an alternative.

https://fortune.com/2024/06/13/elon-musk-tesla-shareholder-vote-annual-meeting-ceo-compensation-pay-deal/


Apple isn’t paying OpenAI to use ChatGPT

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-2156402333-e1718278807908.jpg?w=2048

Apple believes pushing OpenAI’s brand and technology to hundreds of millions of its devices is of equal or greater value than monetary payments, sources said.

https://fortune.com/2024/06/13/apple-not-paying-openai-chatgpt-millions-users-iphones-devices/


Climate technology forgot the consumer is still king

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-2152558900-e1718277116632.jpg?w=2048

We can’t blame consumers for climate change until we give them better options.

https://fortune.com/2024/06/13/climate-technology-consumer-king-ev-retail-environment/


Whether remote, onsite, or hybrid, here’s what really matters at the Best Workplaces in New York, Chicago, Texas, and the Bay Area

https://fortune.com/img-assets/wp-content/uploads/2024/06/Hero_Image_BW_BayArea_Texas_NY_Chicago.jpg?w=2048

Although employees at a typical U.S. workplace benefit from remote work, trust in their managers and colleagues plays a big role in creating a healthy workplace.

https://fortune.com/2024/06/13/remote-hybrid-work-culture-great-place-to-work-bay-area-texas-new-york-chicago/


We’ll soon live in a world with a ‘staggering’ excess of oil that we can’t fully use, global energy watchdog IEA warns

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1848351374-e1718274779318.jpg?w=2048

Supply will outstrip demand, and the spare capacity will be unlike ever "seen before other than at the height of the Covid-19 lockdowns in 2020,” IEA said.

https://fortune.com/europe/2024/06/13/oil-supply-production-demand-staggering-excess-global-energy-watchdog-iea-warns/


Larry Ellison's fortune grows $14 billion overnight, making him the seventh-richest person on earth

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1183284102-e1718272352156.jpg?w=2048

As Oracle shares hit record highs after it reveals “largest contracts in our history.”

https://fortune.com/2024/06/13/larry-ellison-fortune-growth-oracle-ai-seventh-richest/


Ryanair boss Michael O'Leary 'will make a fortune this Christmas' on passenger cap

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-2149388820-e1718271883409.jpg?w=2048

Dublin Airport's 32 million passenger limit means O'Leary's Ryanair will charge passengers through the nose for seats.

https://fortune.com/europe/2024/06/13/michael-oleary-fortune-christmas-1080-tickets-passenger-cap-ryanair-main-airport-dublin/


A landmark 5-year study is seeking to understand the link between money and human flourishing. Here’s how its findings could change the world

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1319157533-e1718271269427.jpg?w=2048

Researchers at the Harvard Human Flourishing Program are trying to uncover the link between money and well-being.

https://fortune.com/2024/06/13/landmark-5-year-study-ilink-money-human-flourishing-personal-finance-mental-health/


Viral videos of jacket potatoes are racking up millions of views on TikTok, prompting people to travel across the world just for a taste

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-507312721-e1718269833407.jpg?w=2048

Potentially sparking concerns over a potato shortage.

https://fortune.com/europe/2024/06/13/viral-videos-jacket-potatoes-are-racking-up-millions-of-views-tiktok-spudman-british-uk/


DeSantis board appointees bury the ‘Don’t Say Gay’ hatchet with Disney

https://fortune.com/img-assets/wp-content/uploads/2024/06/AP24157081755349-e1718269142670.jpg?w=2048

The district committed to making infrastructure improvements in exchange for Disney investing up to $17 billion into Disney World over the next two decades.

https://fortune.com/2024/06/13/desantis-board-appointees-dont-say-gay-disney-15-year-development-deal/


Revolut signs a 10-year deal to remain in London's Canary Wharf as expansion spree continues

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1252575873-e1718268773327.jpg?w=2048

The fintech expects workforce to increase 40% by the end of the year.

https://fortune.com/europe/2024/06/13/fintech-revolut-signs-10-year-deal-remain-london-canary-wharf-expansion-spree-continues/


NYC is thinking about trimming broker fees for tenants

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-2152547997-e1718267354505.jpg?w=2048

The hefty one-time payments, known as broker fees, are ubiquitous in New York but nearly unheard of anywhere else.

https://fortune.com/2024/06/13/nyc-trimming-broker-fees-for-tenants/


California winemakers and an international nonprofit are bringing over Ukrainian peers

https://fortune.com/img-assets/wp-content/uploads/2024/06/AP24164726676605-e1718265759825.jpg?w=2048

“We are discussing how to bring nature, how to bring wines, not harm ... into this land,” said Georgiy Molchanov, who heads the Association of Craft Winemakers in Ukraine’s Black Sea region.

https://fortune.com/2024/06/13/california-winemakers-ukrainian-regenerative-agriculture-demining/


X will no longer let you see who ‘liked’ your posts—or any others

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-2150495065-e1718265379752.jpg?w=2048

The hidden like count is one of many changes that have come to the platform since billionaire Elon Musk purchased it for $44 billion in 2022.

https://fortune.com/2024/06/13/elon-musk-x-no-more-likes/


'You're failing!': The federal government is having a reckoning over youth vaping, as senators tear into FDA and DOJ

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1304254768-e1718229075754.jpg?w=2048

Twice as many high school and middle school students are using e-cigarettes as adults, Senator Dick Durbin said during a contentious hearing.

https://fortune.com/2024/06/12/vaping-federal-government-task-force-teens/


Glue on pizza? Google's AI overviews reminiscent of "google bombing" trend

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1165262276-e1718226309581.jpg?w=2048

Sometimes Google still suggests putting glue on your pizza, as reports about the fallacious advice keep feeding the algorithm.

https://fortune.com/2024/06/12/google-ai-wrong-googlebomb-glue-pizza/


The Fed just penciled in only one interest rate cut this year—but officials are divided on policy

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-2157341091-e1718225332322.jpg?w=2048

While seven Fed officials are projecting one rate cut this year, four see no cuts, and eight see two cuts in a sign of a divided central bank.

https://fortune.com/2024/06/12/fed-interest-rate-decision-reaction-officials-divided/


Biden Administration advances plan to remove medical debt from credit scores

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-2151617978-e1718218776947.jpg?w=2048

The Consumer Financial Protection Bureau proposed federal regulations that would prevent unpaid medical bills from being counted on consumers’ credit reports

https://fortune.com/well/2024/06/12/biden-administration-remove-medical-debt-from-credit-scores/


Elon Musk, called every name from 'carnival barker' to ‘absent CEO', is on the verge of landing a $46 billion pay package from Tesla

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-2151277439-e1718218221139.jpg?w=2048

After having his unprecedented pay package voided by a judge, Tesla shareholders are set to vote on whether the plan should be reinstated.

https://fortune.com/2024/06/12/elon-musk-tesla-pay-compensation-board-cathie-wood-shareholder-vote/


Pope Francis becomes the first of his title to attend the G7 summit—and he’s sounding the alarm on AI: ‘The pope is not an engineer, but he is concerned’

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-2157285658-e1718218378745.jpg?w=2048

The Catholic spiritual leader has raised concerns about AI for years and has even been the victim of viral deepfakes.

https://fortune.com/2024/06/12/pope-francis-ai-g7-summit-regulation/


Starbucks is now offering a $5 combo meal, following other fast-food chains experimenting with affordable options to lure back customers

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1703223987-e1718214254468.jpg?w=2048

Following several quarters of missed results, the chain is the latest of many to announce bargain deals.

https://fortune.com/2024/06/12/starbucks-5-combo-deal-inflation-fast-food/


Even Americans earning six figures say they are living paycheck to paycheck—including people making over $200,000

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-119013917-e1718213124322.jpg?w=2048

Almost half of all Americans consider themselves “broke,” according to a new Marketwatch Guide survey.

https://fortune.com/2024/06/12/six-figure-salary-broke-paycheck-to-paycheck/


The hot metros of the pandemic are crashing back to earth as demand for their homes cools

https://fortune.com/img-assets/wp-content/uploads/2024/06/Real_estate_downward_spiral_single_house-2.jpg?w=2048

Housing markets in Texas and Florida were once all the rage, so their home prices and rents soared, but now they’re falling in this very different economic environment.

https://fortune.com/2024/06/12/housing-market-outlook-hot-metros-pandemic-crashing-cooling-demand/


Donald Trump’s latest pro-crypto push includes courting Bitcoin miners at Mar-a-Lago

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-2155624987-e1718207742950.jpg?w=2048

Donald Trump is on a mission to mine every dollar and vote from the cryptocurrency industry that he can.

https://fortune.com/crypto/2024/06/12/donald-trump-crypto-bitcoin-miners-mar-a-lago-cleanspark-riot/


Cathie Wood's ARK Invest predicts Tesla stock will surge 1,345% over the next five years. Elon Musk says it's an ‘extremely challenging, but achievable’ target

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-2079426499-e1718208761876.jpg?w=2048

ARK Invest estimates nearly 90% of Tesla's revenue will come from one source by 2029: robotaxis.

https://fortune.com/2024/06/12/tesla-stock-price-predictions-cathie-wood-ark-invest-elon-musk/


Google CMO: There is a perception that AI is going to threaten the very nature of creativity. Here’s why I disagree

https://fortune.com/img-assets/wp-content/uploads/2024/06/Lorraine-Twohill-Google-e1718204934129.jpg?w=2048

The future of AI is not set. It will be shaped by our actions today, writes Google's Chief Marketing Officer Lorraine Twohill.

https://fortune.com/2024/06/12/google-cmo-perception-ai-ithreat-creativity-why-marketing-tech/


I picked Baton Rouge over New York or LA after earning an MIT engineering degree—and am loving its genuine sense of community

https://fortune.com/img-assets/wp-content/uploads/2024/06/David-Hou_2.jpg?w=2048

After the anonymity of bigger cities, the Louisiana capital’s culture and community has invigorated David Hou.

https://fortune.com/2024/06/12/mit-graduate-baton-rouge-beats-los-angeles-new-york/


GameStop pockets record $2.1 billion from snap share sale that tanked the stock

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-2155799432-e1718194783570.jpg?w=2048

And GameStop has Roaring Kitty aka Keith Gill to thank for it.

https://fortune.com/2024/06/12/gamestop-roaring-kitty-keith-gill-share-sale-stock/


BNY’s CEO says staffers need to be in the office ‘more than you want’ and managers? ‘[E]ven more.’

https://fortune.com/img-assets/wp-content/uploads/2024/06/Vince.jpg?w=2048

Clients and the company's next generation of staffers are best served by employees and managers working on site, says BNY's CEO.

https://fortune.com/2024/06/12/bnys-ceo-says-staffers-need-to-be-in-the-office-more-than-you-want-and-managers-even-more/


Investors celebrate as an ‘unequivocally good’ inflation report opens the door for Powell to cuts rates this fall

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-2151825801-e1718201432560.jpg?w=2048

Fitch Rating's head of U.S. economic research called the CPI report "a delightful appetizer while we await the main course."

https://fortune.com/2024/06/12/inflation-report-cpi-unequivocally-good-federal-reserve-interest-rate-cuts-soon/


These AI-enabled recycling robots are helping businesses be more sustainable

https://fortune.com/img-assets/wp-content/uploads/2024/05/Glacier-4-e1716915913372.jpg?w=2048

Robotics company Glacier, which was backed by Amazon this year, says its robots can sort 45 items per minute across more than 30 different materials.

https://fortune.com/2024/06/12/these-ai-enabled-recycling-robots-are-helping-businesses-be-more-sustainable/


At least 35 of America’s billionaires are Ph.D.s. As academic jobs become scarce, doctorates should get down to business

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-898066186-e1718199832735.jpg?w=2048

It is estimated that the private sector now employs about as many Ph.D. graduates as educational institutions.

https://fortune.com/2024/06/12/america-billionaires-phd-academic-jobs-doctorate-business-careers/


Jake Paul’s rare CVS trip to buy deodorant inspired his next business venture—and he refuses to follow the CEO playbook

https://fortune.com/img-assets/wp-content/uploads/2024/06/W_JAKE_BRANDED_TROPHY_FLAG-e1718118343919.jpg?w=2048

Influencer-turned-boxer Jake Paul’s new personal-care brand W is a bid to win over Gen Z and Gen Alpha men.

https://fortune.com/2024/06/12/jake-pauls-w-personal-care-deodorant-influencer-boxer-ceo/


Newly constructed Tokyo apartment block will be demolished because it blocks people's Mt. Fuji views

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-2153398060-e1718193173566.jpg?w=2048

The newly constructed residential building in suburban Tokyo will be pulled down the month before the apartments were due to be handed over to buyers

https://fortune.com/asia/2024/06/12/newly-constructed-tokyo-apartments-demolished-block-mt-fuji-views/


U.K.’s legion of missing workers and quiet quitters is costing the economy nearly $400 billion, adding to a productivity crisis it can’t seem to escape

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-2148667019-e1718189198668.jpg?w=2048

No one wants an economy that punches below its weight when it comes to productivity as it undermines economic resilience to big shocks.

https://fortune.com/europe/2024/06/12/uk-missing-workers-economic-inactive-quiet-quitting-economy-nearly-400-billion-productivity-crisis/


Bathroom breaks were banned by Archegos boss accused of fraud, who allegedly 'yelled' at staff for stepping away while key stocks were moving

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-2155335032.jpg?w=2048

The trial of Sung Kook “Bill” Hwang, boss at Archegos Capital Management, heard former staffer William Tomita claim Hwang banned bathroom breaks during key trades.

https://fortune.com/2024/06/12/bill-hwang-trial-archegos-bathroom-breaks-banne/


Chip industry is still 'at the end of a down cycle,' says German semiconductor CEO as he opens a $2.2 billion plant in Singapore

https://fortune.com/img-assets/wp-content/uploads/2024/06/MichaelHeckmeier_2-e1718186362571.jpg?w=2048

“2024 is a transition year," Siltronic CEO Michael Heckmeier said on Wednesday.

https://fortune.com/asia/2024/06/12/chip-industry-end-of-down-cycle-siltronic-ceo-michael-heckmeier-new-singapore-wafer-fab/


Snap U.K. election sends crypto industry scrambling to court Labour allies

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-2157098284-e1718184876574.jpg?w=2048

The crypto lobby has been preparing for a changing of the political guard.

https://fortune.com/europe/2024/06/12/snap-u-k-election-sends-crypto-industry-scrambling-to-court-labour-allies/


Elizabeth Holmes watches from a Texas prison as appeal of her Theranos fraud conviction begins in federal court

https://fortune.com/img-assets/wp-content/uploads/2024/06/AP24163623802071-e1718184835199.jpg?w=2048

The hearing held in the San Francisco appeals court came nearly 2 1/2 years after a jury convicted Holmes for orchestrating a blood-testing scam that became a parable about greed and hubris in Silicon Valley.

https://fortune.com/2024/06/12/elizabeth-holmes-texas-prison-appeal-theranos-fraud-conviction-federal-court/


The world's richest are reconsidering their spending at Art Basel

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-2156542362-e1718182815559.jpg?w=2048

The question wasn’t if dealers would sell art to attendees, but rather which collectors would actually show up, and how much they’d be willing to spend.

https://fortune.com/europe/2024/06/12/the-worlds-richest-are-reconsidering-their-spending-at-art-basel/


Building more housing is a top priority in these 10 YIMBY cities, Pacaso says

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1399680419-e1718139923966.jpg?w=2048

Residents of these cities are saying “yes, in my backyard” to new housing development.

https://fortune.com/2024/06/12/building-more-housing-top-10-cities-yimby/


A London hospital is asking its own workers for blood after a cyberattack

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1207678172-e1718181380940.jpg?w=2048

King’s College Hospital is calling on staff with blood type O to schedule donation.

https://fortune.com/europe/2024/06/12/london-hospital-asking-its-own-workers-for-blood-after-cyberattack-kings-college-national-security/


Buying the wrong color watch could cost you thousands

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1445833233-e1718180520941.jpg?w=2048

Dealers have speculated that the Pepsi GMT could be discontinued this year amid talk of challenges in producing the red and blue bezel.

https://fortune.com/europe/2024/06/12/buying-the-wrong-color-watch-could-cost-you-thousands-rolex-rolexes-pepsi-batman/


Succession star Alexander Skarsgård dives into planet-saving startups with new podcast

https://fortune.com/img-assets/wp-content/uploads/2024/06/MixCollage-11-Jun-2024-02-47-PM-8535.jpg?w=2048

Alexander Skarsgård is host of new podcast How We Fix This, highlighting the world's most impressive impact startups.

https://fortune.com/europe/2024/06/12/hollywood-star-alexander-skarsgard-is-spotifys-new-voice-of-conscious-capitalismheres-why-sweden-is-the-world-leader/


More than 15,000 Amazon drivers accuse the e-commerce giant of shorting them on pay and incurring 'huge expenses'

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1232149199-e1718143279459.jpg?w=2048

Thousands of Amazon Flex drivers in California, Illinois, and Massachusetts have submitted arbitration claims alleging pay violations.

https://fortune.com/2024/06/11/amazon-drivers-pay-arbitration-illinois-massachusetts-california/


Joey Chestnut's former fans have beef with the hot-dog-swallowing star after he said he won't compete this year due to vegan dog sponsorship

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1514698836-e1718142433755.jpg?w=2048

“It would be like Michael Jordan saying to Nike, ‘I’m going to represent Adidas, too,’” said the contest organizer.

https://fortune.com/2024/06/11/joey-chestnut-nathans-hot-dog-contest-no-more/


Fruit giant Chiquita Banana paid off Colombian guerrillas 20 years ago. A jury just ordered it to pay $38 million to families of people they killed

https://fortune.com/img-assets/wp-content/uploads/2024/06/AP24163642126267.jpg?w=2048

A Florida jury ordered Chiquita to pay damages to 16 family members of people killed by paramilitaries during Colombia's long civil war.

https://fortune.com/2024/06/11/chiquita-banana-colombia-civil-war/


Mold colonies and liquid-flooded air purifiers: CVS sourced medication from tainted factories—and it has twice the amount of recalls on store-brand drugs than competitors

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1954904142-e1718139373302.jpg?w=2048

In the past decade, CVS hired at least 15 drug makers with previous manufacturing issues, according to a Bloomberg investigation.

https://fortune.com/2024/06/11/cvs-recalls-generic-drugs/


California’s homelessness 'solution' is a $1 billion deal for 1,200 tiny homes that might not even come with a bathroom

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-2033128343-e1718136720294.jpg?w=2048

A year later, no one’s buying.

https://fortune.com/2024/06/11/california-tiny-homes-homeless-solution-problems-orders-gavin-newsom/


CMT Digital turns to ex-Pantera Capital exec to help raise $150 million for fourth fund

https://fortune.com/img-assets/wp-content/uploads/2024/06/CMT-portraits.jpg?w=2048

CMT Digital is hoping to raise $150 million in its fourth fund.

https://fortune.com/crypto/2024/06/11/cmt-digital-pantera-fourth-fund-150-million-web3-investments/


Apple Intelligence solves one of Tim Cook's biggest problems: finally giving customers a reason to upgrade their iPhones

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-2156407512-e1718131052630.jpg?w=2048

You can’t experience Apple Intelligence and the new-and-improved Siri without an iPhone 15 or later.

https://fortune.com/2024/06/11/apple-intelligence-iphone-supported-devices-wwdc-siri-tim-cook/


America is a tale of two rental markets, data reveals—here are the regions where rents are climbing and falling the most

https://fortune.com/img-assets/wp-content/uploads/2024/06/Real_estate_mirrored_houses_dark_red.jpg?w=2048

The country's median asking rent hit its highest point in almost two years, but there’s a ton of variation nationwide.

https://fortune.com/2024/06/11/rental-markets-rent-climbing-falling/


Canadian youth have put hockey on thin ice: As participation declines, the future on the beloved pastime is precarious

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1075845120-e1718123630842.jpg?w=2048

Hockey Canada reported a 35% drop in youth hockey participation compared to 13 years ago.

https://fortune.com/2024/06/11/canada-youth-hockey-pastime-participation-decline-nhl/


Ambition Mastercard® review: Build credit in college on your terms

https://fortune.com/img-assets/wp-content/uploads/2024/06/Recommends_Ambition-MasterCard.png?w=2048

The Ambition Mastercard® is a hybrid secured card with no credit check and a flexible deposit.

https://fortune.com/recommends/credit-cards/ambition-mastercard-review/


No one wants another pandemic—but bird flu has already flown the coop

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1546722721-e1718121335556.jpg?w=2048

The H5N1 virus, also known as bird flu or avian influenza, is surging among mammals and proving itself very versatile at jumping from species to species.

https://fortune.com/2024/06/11/pandemic-bird-flu-h5n1-spread-health/


Hunter Biden convicted of all 3 felony charges in federal gun trial

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-2156997374-e1718120674493.jpg?w=2048

President Biden's son was found guilty of lying to a gun dealer, making a false claim on the application, and illegally having the gun for 11 days.

https://fortune.com/2024/06/11/hunter-biden-trial-verdict-gun-felony/


What I learned from a series of business failures before helping to build more than 100 corporate ventures

https://fortune.com/img-assets/wp-content/uploads/2024/06/Jan-Sedlacek-Stryber-e1718117264454.jpg?w=2048

To create new business, a company must build it or buy it, argues Stryber founder Jan Sedlacek—business-model transformation won't work.

https://fortune.com/2024/06/11/business-strategy-corporate-ventures-leadership-success/


The world’s oldest book just fetched $3.9 million in auction

https://fortune.com/img-assets/wp-content/uploads/2024/06/Crosby-Schoyen-Codex.jpg?w=2048

The 104-page Crosby-Schøyen Codex from Egypt was written by a single scribe over 40 years, dating back to 250-350 AD.

https://fortune.com/europe/2024/06/11/worlds-oldest-book-3-9-million-auction-christies-crosby-schoyen-codex/


Roaring Kitty jokes about losing another $51 million on GameStop

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-2155799724-e1718107997679.jpg?w=2048

The YOLO king of meme stock traders already suffered a $300 million loss on Friday after GameStop foiled his short squeeze.

https://fortune.com/2024/06/11/roaring-kitty-gamestop-stock-keith-gill-dfv-net-worth/


Exclusive: This online learning platform just released free generative AI training for university leaders. Here’s what you need to know

https://fortune.com/img-assets/wp-content/uploads/2024/06/Coursera-exclusive-generative-AI-university-leaders-GettyImages-1296686780-e1718039080837.jpg?w=2048

Coursera’s “Generative AI for University Leaders,” which seeks to provide educators with a blueprint to balance the reality of their students and business needs.

https://fortune.com/education/articles/exclusive-generative-ai-university-leaders-course/


Lurching to the right on migration won’t save Europe’s mainstream parties. Here’s why

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-2155819191-e1718107239700.jpg?w=2048

Research found that it was socioeconomic factors that determined the switch to the right for rural voters, rather than xenophobia.

https://fortune.com/europe/2024/06/11/lurching-right-migration-europes-mainstream-parties-eu-elections-outcome-politics-economy/


Waze cofounder Uri Levine said he uses a 30-day test to determine if he should fire a new employee

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-457539558-e1718102834502.jpg?w=2048

Waze’s cofounder Uri Levine has revealed that after endless rounds of interviews and tests, new hires have another 30 days to prove themselves—or they’re fired.

https://fortune.com/2024/06/11/waze-cofounder-uri-levine-30-day-fire-new-hire-job-seeker/


UAW boss Shawn Fain is being investigated by the union’s federal corruption watchdog

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-2147938315-e1718102801917.jpg?w=2048

The court-appointed monitor, Neil Barofsky of Jenner & Block LLP, said in a Monday filing he is investigating allegations that Fain retaliated against another union officer.

https://fortune.com/2024/06/11/uaw-boss-shawn-fain-investigated-union-federal-corruption-watchdog/


Musk says he'll lock iPhones in an electromagnetic cage at his businesses after Apple announces OpenAI partnership

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-2151264625-e1718099545571.jpg?w=2048

Elon Musk has criticized Tim Cook and Sam Altman for announcing their AI partnership.

https://fortune.com/2024/06/11/elon-musk-iphones-banned-tesla-x-after-openai-apple-partnership/


Australian supermarket is limiting customers to just 2 egg cartons a day to ward off bird flu freakouts

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1236428832-e1718101179267.jpg?w=2048

The move comes after the highly pathogenic H7N3 strain of avian influenza was detected at a fifth farm in Victoria last week.

https://fortune.com/asia/2024/06/11/australian-supermarket-limiting-customers-2-egg-cartons-bird-flu-freakouts/


Europe plotting to keep last remaining Russia-Ukraine gas pipeline flowing with Azerbaijan’s help

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-2155377917.jpg?w=2048

European officials are speaking with energy companies in Azerbaijan about whether they could inject gas into the last remaining Russia-Ukraine pipeline to keep it flowing.

https://fortune.com/europe/2024/06/11/europe-plotting-to-keep-last-remaining-russia-ukraine-gas-pipeline-flowing-with-azerbaijans-help/


Bureau of Land Management is cutting proposed size of Idaho wind farm project by almost half

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1726657921-e1718099619385.jpg?w=2048

The proposed Lava Ridge wind farm has drawn opposition from people who have said the project endangers the Minidoka National Historic Site.

https://fortune.com/2024/06/11/bureau-of-land-management-cutting-idaho-wind-farm-project/


U.S. gas prices are falling as summer approaches and could continue dropping if hurricanes don’t hit: ‘Prices move on fear’

https://fortune.com/img-assets/wp-content/uploads/2024/06/AP24162684345030-e1718097781341.jpg?w=2048

The national average for gas prices on Monday stood around $3.44, according to AAA.

https://fortune.com/2024/06/11/us-gas-prices-falling-summer-continue-dropping-hurricanes/


Europe’s landmark Green Deal at risk after EU elections slash Green MEP headcount by 25%

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-2151833526-e1718096947297.jpg?w=2048

The rise of populist parties risks watering down the EU's ambitious plans over the next decade to reduce greenhouse gases and ban new combustion engine passenger cars.

https://fortune.com/europe/2024/06/11/europe-landmark-green-deal-at-risk-eu-elections-slash-green-mep-headcount-by-25/


COVID could damage your vision, new study says. Keep an eye out for these symptoms

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1480648098-e1718031033735.jpg?w=2048

Extended exposure to SARS-CoV-2 may harm your retinas in particular.

https://fortune.com/well/article/covid-eye-health-retinal-damage/


Baltimore shipping channel closed after Francis Scott Key Bridge collapse finally fully reopens

https://fortune.com/img-assets/wp-content/uploads/2024/06/AP24162827197407-e1718095362353.jpg?w=2048

It comes after a massive cleanup effort as crews removed an estimated 50,000 tons of steel and concrete from the Patapsco River.

https://fortune.com/2024/06/11/baltimore-shipping-channel-closed-francis-scott-key-bridge-collapse-reopens/


Dairy farmers look to poultry industry that had to kill 100 million birds for guidance

https://fortune.com/img-assets/wp-content/uploads/2024/06/AP24163087283253-e1718094986148.jpg?w=2048

Dairy farmers could try to implement similar safeguards, but the vast differences between the animals and the industries limit what lessons can be learned and applied.

https://fortune.com/2024/06/11/dairy-farmers-poultry-industry-kill-100-million-birds-guidance-bird-flu-epidemic/


Chrysler recalls more than 211,000 SUVs and pickup trucks because of an anti-lock braking software malfunction

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1449177695-e1718093722192.jpg?w=2048

The recall covers certain model year 2022 Dodge Durango, Ram 2500 and Ram 3500 vehicles.

https://fortune.com/2024/06/11/chrysler-recall-2022-dodge-durango-ram-2500-ram-3500/


Raspberry Pi’s tiny, non-flashy $15 computers could usher in new tech IPO hope for London

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1980664718-e1718030965131.jpg?w=2048

Raspberry Pi had a humble start to life as a charity in Cambridge. Sixteen years later, it's sold over 60 million personal computers and is on track for an IPO.

https://fortune.com/europe/2024/06/11/raspberry-pis-tiny-personal-computers-new-tech-ipo-london/


A NYC office building will sell at such a discount that it's 67% less than the purchase price and below what's still owed on the mortgage

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-176558372-e1718059667958.jpg?w=2048

Empire Capital Holdings and Namdar Realty Group agreed to purchase the property at 321 W. 44th St. for less than $50 million.

https://fortune.com/2024/06/10/commercial-real-estate-crash-new-york-city-office-building-discount-short-sale/


Donald Trump may lose his liquor licenses in New Jersey if his felonies involve 'moral turpitude'

https://fortune.com/img-assets/wp-content/uploads/2024/06/AP24162780885327-e1718058296973.jpg?w=2048

Part of what goes into that calculation is a requirement that “a person must have a reputable character and would be expected to operate the licensed business in a reputable manner,'' according to the division.

https://fortune.com/2024/06/10/donald-trump-liquor-licenses-new-jersey-golf-courses-felony-convictions-moral-turpitude/


Co-living seemed like a perfect solution to the Gen Z and millennial housing shortage—but the closure of yet another pioneer reveals an uncertain future

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-531711932-e1718052225196.jpg?w=2048

Experts say venture capital has forced co-living companies to expand at an unsustainable rate.

https://fortune.com/2024/06/10/common-living-coliving-apartments-housing-shortage/


Homeowners are shelling out nearly $20,000 in hidden fees annually—'the same level as buying a used car every year'

https://fortune.com/img-assets/wp-content/uploads/2024/06/Real-Estate-3c.jpg?w=2048

Insurance, maintenance, homeowners’ association fees, and utility bills are making homeownership even more unaffordable.

https://fortune.com/2024/06/10/hidden-fees-housing-homeowners-property-taxes-insurance-maintenance/


Charlotte Tilbury's beauty brand made Formula 1 history. Now the 'adrenaline junkie' is upending the sport with race-day makeup touchups and lipstick-colored cars

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-2151458554-e1718047823871.jpg?w=2048

Women now make up nearly half of F1’s fan base.

https://fortune.com/2024/06/10/charlotte-tilbury-formula-1-miami-beauty-liberty-media-sports-racing-motorsports/


China has a ‘near monopoly’ on many critical minerals. JPMorgan says it could be the ‘next battleground’ with the U.S.

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1630762892-e1718029958408.jpg?w=2048

The U.S. is 100% reliant on imports for 12 minerals that are key to the production of semiconductors and other high-tech products.

https://fortune.com/2024/06/10/china-near-monopoly-many-critical-minerals-jpmorgan-says-next-battleground-usa/


Ashton Kutcher sides with the enemy over actor and writer colleagues in AI debate: 'I can just generate and then watch my own movie'

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1486930551-e1718044666218.jpg?w=2048

Writers push back at the venture capitalist's praise of OpenAI's Sora.

https://fortune.com/2024/06/10/ashton-kutcher-ai-hollywood-sora-generative-ai/


The housing market’s pivotal spring selling season is coming to an end—not with a bang, but with a whimper

https://fortune.com/img-assets/wp-content/uploads/2024/06/Real-Estate-18-1.jpg?w=2048

Capital Economics says “mortgage demand and sales activity won’t recover until rates fall meaningfully below 7%.” The research firm only expects that to happen later this year.

https://fortune.com/2024/06/10/housing-market-outlook-spring-selling-season-home-sales-listings/


The most important announcements from Apple's biggest event of the year

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-2147869287-e1718038656630.jpg?w=2048

Artificial intelligence—or, Apple Intelligence—is the centerpiece of the company's keynote for WWDC 2024.

https://fortune.com/2024/06/10/apple-wwdc-2024-keynote-biggest-announcements-intelligence-siri-iphone-ios-mac-ipad-watch/


Booz Allen Hamilton CEO: America needs a whole-of-nation approach in its great power competition with China

https://fortune.com/img-assets/wp-content/uploads/2024/06/BAH_ROZANSKI_Horacio-e1718036184867.jpg?w=2048

U.S. businesses must come off the sidelines, writes Booz Allen Hamilton CEO Horacio Rozanski.

https://fortune.com/2024/06/10/booz-allen-hamilton-ceo-america-nation-approach-great-power-competition-china-tech-politics/


$3 trillion AI chip giant Nvidia rallies after 10-for-1 stock split goes into effect

https://fortune.com/img-assets/wp-content/uploads/2024/06/AP24154503308553-e1718034139817.jpg?w=2048

Nvidia’s stock price has more than doubled this year after more than tripling in 2023 and it's now the third most valuable company in the S&P 500.

https://fortune.com/2024/06/10/nvidia-stock-split-10-for-1-rally-3-trillion-market-cap-ai-chips/


Uniswap Labs acquires Crypto: The Game—’It’s ballooned into this 24/7, crypto reality show’

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1661856068-e1718018461115.jpg?w=2048

Crypto: The Game has been likened to the Web3 version of Squid Game.

https://fortune.com/crypto/2024/06/10/uniswap-labs-acquires-crypto-the-game-its-ballooned-into-this-24-7-crypto-reality-show/


Musk says retail shareholders still back him despite $1.7 trillion oil fund saying they will vote against his pay package

https://fortune.com/img-assets/wp-content/uploads/2024/06/musssskkk-e1718022689291.jpg?w=2048

Continued lobbying on Elon Musk's behalf all the way down to the wire suggests the risk of a ‘no’ vote at this Thursday's annual shareholder meeting is not negligent.

https://fortune.com/2024/06/10/elon-musk-tesla-pay-package-shareholder-meeting-retail-investors/


Richard Branson unveils succession plan to give Virgin Atlantic to his kids

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-465262296-e1718024068884.jpg?w=2048

Branson's daughter Holly is Virgin Atlantic's chief purpose and vision officer, while his son Sam is an informal advisor.

https://fortune.com/europe/2024/06/10/73-year-old-british-billionaire-sir-richard-branson-succession-virgin-atlantic-kids/


Q&A with the author of The Trolls of Wall Street: Gambling, conspiracies and the return of Roaring Kitty

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-489459548-e1717798001372.jpg?w=2048

An interview with Nathaniel Popper, a former New York Times journalist, as meme stocks roar back into the headlines.

https://fortune.com/2024/06/10/trolls-wall-street-nathaniel-popper-gamestop-roaring-kitty/


Banks are redesigning branches to remind you of anything but banks

https://fortune.com/img-assets/wp-content/uploads/2024/06/AP24159674477787-e1718021661474.jpg?w=2048

It seemed like the fate of the bank branch was sealed when the technological gains during the pandemic made it possible to buy a home or car without interacting physically with another human being.

https://fortune.com/2024/06/10/cafes-community-centers-third-spaces-banks-redesigning-branches/


Nexus Laboratories raises $25 million from Pantera and Lightspeed to expand ‘zero-knowledge’ privacy tools

https://fortune.com/img-assets/wp-content/uploads/2024/06/Daniel-Marin-Jens-Groth-e1717783907686.jpg?w=2048

Nexus believes that the future of the internet will rely on proving the authenticity of datasets.

https://fortune.com/crypto/2024/06/10/nexus-laboratories-raises-25-million-from-pantera-and-lightsped-to-expand-zero-knowledge-privacy-tools/


Tesla investors may vote to give Elon Musk his $56 billion payday

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-2153133337-e1718019686822.jpg?w=2048

The carmaker is banking on the Delaware Supreme Court, which will hear any appeal of McCormick’s ruling, taking a favorable view of investors re-ratifying the deal.

https://fortune.com/2024/06/10/tesla-investors-vote-elon-musk-56-billion-payday-delaware-texas/


Macron calls snap election for France as far-right gains ground in EU Parliament vote that will determine the region’s future

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-2155996905-e1718017500359.jpg?w=2048

The EU parliamentary elections will determine the fate of the entire regional bloc. Hint: the results are skewing to the right.

https://fortune.com/europe/2024/06/10/eu-parliamentary-elections-macron-snap-election-ursula-von-der-leyen-france-far-right-future/


Only 2 Ivy League schools land grads a six-figure salary 10 years out

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1439778988-e1718014581499.jpg?w=2048

New data shows that studying at an Ivy League schools won't guarantee a six-figure salary.

https://fortune.com/2024/06/10/ivy-league-schools-grads-six-figure-salary-10-years-half-mba-waste-money/


Howard Schultz, former Starbucks CEO, says Steve Jobs ‘screamed in his face’ telling him to fire his entire leadership team—and he was right

https://fortune.com/img-assets/wp-content/uploads/2024/06/Copy-of-FeatTemplate-47.jpg?w=2048

"He looked and me and said: 'You go back to Seattle and you fire everyone on your leadership team.' I thought he was joking."

https://fortune.com/2024/06/10/howard-schultz-starbucks-steve-jobs-apple-leadership-advice/


Simon Cowell, who doesn't work Fridays, won't 'bet the house' on Gen Zs that don't take weekend calls

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1633009434-e1718013545334.jpg?w=2048

Cowell has quit Fridays, answering late emails, and his phone in search of a better work-life balance, but doesn't expect Gen Z to do the same.

https://fortune.com/europe/2024/06/10/simon-cowell-fridays-bet-house-on-gen-zs-refuse-weekend-calls-work-life-balance/


Men and women are now equally comfortable talking about age and partners—but a new survey shows money remains a gendered taboo

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1459201198-e1718013794515.jpg?w=2048

Our society tells women and girls to be cautious with their money while telling men and boys to be smart about it.

https://fortune.com/2024/06/10/men-women-equally-comfortable-talking-age-partners-survey-money-gendered-taboo-personal-finance/


Once the economic basket cases of Europe, now Greece, Spain and Portugal are leading the bloc’s growth

https://fortune.com/img-assets/wp-content/uploads/2024/06/Lycabettus-Hill-Sunset-e1718011147773.jpg?w=2048

Europe’s onetime crisis economies are now outperforming their local rivals.

https://fortune.com/europe/2024/06/10/economic-basket-cases-europe-eu-greece-spain-portugal-bloc-growth/


Traditional Medicare or Medicare Advantage? Some retirees aren’t allowed to choose

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1455366118-e1717796328294.jpg?w=2048

These shifts to Medicare Advantage can save money for the companies and state and local government employers.

https://fortune.com/well/article/medicare-advantage-retirement/


Martha’s Vineyard is running out of pot because the state says transporting it across the ocean could be illegal

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-2153557390-e1718008633487.jpg?w=2048

Martha's Vineyard will run out of pot, affecting more than 230 registered medical users and thousands more recreational ones.

https://fortune.com/2024/06/10/marthas-vineyard-running-out-of-pot-weed-lawsuit/


Apple is poised to unveil embedded AI at its ‘most important event… in over a decade’

https://fortune.com/img-assets/wp-content/uploads/2024/06/AP24162233486277-e1718007680709.jpg?w=2048

Apple's next generation of software is expected to be packed with an array of AI features likely to make its often-bumbling virtual assistant Siri smarter.

https://fortune.com/2024/06/10/apple-poised-unveil-embedded-ai-wwdc-analysts-worry-falling-behind/


Volvo is moving EV production from China to Belgium as the EU eyes tariffs on Beijing

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-2149540034-e1717973571607.jpg?w=2048

On top of transferring production of Volvo’s EX30 and EX90 models to Belgium, the carmaker may also move assembly of some Volvo models bound for the UK.

https://fortune.com/2024/06/09/volvo-ev-production-ex30-ex90-geely-china-belgium-eu-tariffs/


Benny Gantz quits Israel’s government, saying Netanyahu is preventing a ‘true victory’ over Hamas

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-2156213865-e1717972608148.jpg?w=2048

Far-right party leader Itamar Ben Gvir demanded to be added to the war cabinet in Gantz’s place.

https://fortune.com/2024/06/09/benny-gantz-quits-israel-government-election-benjamin-netanyahu-hamas-war-gaza/


Donald Trump will be interviewed by probation officials ahead of his sentencing for N.Y. felony convictions

https://fortune.com/img-assets/wp-content/uploads/2024/06/AP24161712907424-e1717971617697.jpg?w=2048

Trump will do the interview via a computer video conference from his residence at the Mar-a-Lago club in Palm Beach, Florida.

https://fortune.com/2024/06/09/donald-trump-new-york-probation-interview-sentencing-felony-convictions/


Far-right parties make stunning gains in EU election, prompting Macron to call snap vote in France

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-2156364352-e1717970951360.jpg?w=2048

The long-established Social Democratic party also fell behind the extreme-right Alternative for Germany.

https://fortune.com/2024/06/09/far-right-parties-eu-election-france-emmanuel-macron-germany-afd/


'Bond King' Bill Gross is about to make a killing on his stamp collection, but he thinks the market is due for a correction and is getting out

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1062263778-e1717967882475.jpg?w=2048

The Robert A. Siegel auction house said "this collection promises to set a new high-water mark for stamp collecting when it crosses the auction block."

https://fortune.com/2024/06/09/bond-king-bill-gross-record-stamp-collection-auction-market-correction/


IMF officialdelivers stark warning on AI's potential to turn an ordinary downturn into an severe economic crisis

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-2147930771-e1717959287574.jpg?w=2048

"I believe there is a real need to have parallel effort to make sure that we're also AI-proofing the global economy."

https://fortune.com/2024/06/09/ai-risks-recession-economic-crisis-job-losses-financial-markets-supply-chains-imf/


The housing market shows that the tool the Fed is using to lower inflation is doing the exact opposite, former White House adviser says

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-483533225-e1717953416148.jpg?w=2048

"This breakdown in the housing supply pipeline is lifting the cost of buying and renting, driving up the very measure of inflation on which the Fed is relying."

https://fortune.com/2024/06/09/housing-market-crisis-fed-rate-hikes-inflation-rent-prices-homeownership-costs/


It really might be different this time as the Fed puzzles over why high rates aren’t hitting the economy harder

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-2151016387-e1717949265909.jpg?w=2048

While US interest rates at 23-year highs are causing pockets of pain, there’s nothing like the systemic problems that so often wrecked expansions in the past.

https://fortune.com/2024/06/09/economic-outlook-fed-interest-rate-cut-fomc-meeting-financial-conditions-jerome-powell/


An extremely high-risk, high-reward corner of the bond market is seeing volume soar to record levels

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1448586501-e1717947088684.jpg?w=2048

May alone witnessed the greatest volume of catastrophe bonds ever sold in a single month.

https://fortune.com/2024/06/09/catastrophe-bond-market-record-volume-sales-hurricane-season-hedge-funds/


Surging cryptocurrency makes Binance's billionaire co-founder even wealthier while locked up in prison

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1244426187-e1717945108600.jpg?w=2048

BNB token, a cryptocurrency linked to Binance, has more than doubled in price since the start of the year.

https://fortune.com/crypto/2024/06/09/cryptocurrency-bnb-token-rally-binance-changpeng-zhao-cz-prison-sentence/


This couple came to the U.S. as refugees and started a restaurant. It’s now a finalist for the culinary world’s top prize

https://fortune.com/img-assets/wp-content/uploads/2024/06/AP24158527547532-e1717943569477.jpg?w=2048

Hamissi Mamba and Nadia Nijimbere, who fled Burundi about a decade ago and now own Baobab Fare in Detroit.

https://fortune.com/2024/06/09/restaurant-success-refugee-immigrant-entrepreneurs-chefs-james-beard-award-finalists/


Energy and manufacturing dominated the Fortune 500’s first top 50 companies in 1955

https://fortune.com/img-assets/wp-content/uploads/2024/06/Assembly-GM-GettyImages-1149496119-e1717793672829.jpg?w=2048

GM, Goodyear, Lockheed Martin and Boing are among the companies that managed to place in the top 50 spots in the first publication of the Fortune 500 list and are still in the list this year.

https://fortune.com/2024/06/09/fortune-500-first-top-50-companies-energy-manufacturing-gm-exxon-lockheed-boeing/


Baby boomers’ favorite credit card Amex is now the ‘lifestyle’ card of choice for Gen Zers

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1692319613-e1717791507246.jpg?w=2048

Gen Z can’t resist a good deal—even if it’ll cost them.

https://fortune.com/2024/06/09/american-express-gen-z-favorite-credit-card/


Gen Z founder has built a multimillion-dollar business off people who don’t want a desk job

https://fortune.com/img-assets/wp-content/uploads/2024/06/steven_Schwartz.png?w=2048

Peter Thiel, the PayPal co-founder, is on board as an investor and Whop Gen Z boss Steven Schwartz counts Tinder co-founder Justin Mateen as a mentor.

https://fortune.com/2024/06/09/steven-schwartz-whop-peter-thiel/


CHIPS Act faces talent shortage despite $500 billion in total investment: We have to make semiconductor manufacturing sexy’

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1245437503-e1717785213941.jpg?w=2048

Government, nonprofits, semiconductor companies are scrambling to train a skilled workforce: “This is an all-of-the-above effort.”

https://fortune.com/2024/06/09/chips-act-talent-workforce-shortage-tsmc-semiconductor-manufacturing-fabs-intel/


The climate economics of the world’s 6,000 superyachts: ‘It’s not an entirely rational decision’

https://fortune.com/img-assets/wp-content/uploads/2024/06/Yacht-Marie-Uzcategui-GettyImages-2005960724-e1717768027423.jpg?w=2048

The world’s wealthiest 10% already account for half of the world’s carbon dioxide emissions, according to Oxfam research.

https://fortune.com/europe/2024/06/09/climate-economics-worlds-6000-superyachts-its-not-an-entirely-rational-decision/


How to move past a painful breakup, according to relationship therapist

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-2154852754-e1717797954119.jpg?w=2048

If you’ve ever de-partnered from a long-term relationship, you will know that it is a trauma that requires a major dose of deprogramming.

https://fortune.com/well/2024/06/08/how-to-move-past-breakup-according-to-relationship-therapist/


Stanford becomes latest elite school to require SAT or ACT for admission, saying they predict academic performance

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1344976470-e1717888360455.jpg?w=2048

Stanford's new policy on standardized tests will cover students applying in the fall of next year for admission to the class of 2030.

https://fortune.com/2024/06/08/stanford-admission-college-testing-requirements-sat-act-harvard-yale-caltech-mit/


The Fed's first rate cut may come right in the thick of the presidential campaign

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-2151818363-e1717886659220.jpg?w=2048

Fed watchers expect the first cut to happen at the central bank’s September policy meeting, the final gathering before voters head to the polls on Nov. 5.

https://fortune.com/2024/06/08/fed-rate-cut-outlook-fomc-meeting-preview-jerome-powell-presidential-campaign/


Howard University will return a $1 million donation and cut ties with Sean 'Diddy' Combs

https://fortune.com/img-assets/wp-content/uploads/2024/06/AP24160738273793-e1717885021861.jpg?w=2048

The school is also rescinding an honorary degree that was awarded to Combs and disbanding a scholarship program in his name.

https://fortune.com/2024/06/08/sean-diddy-combs-howard-university-1-million-donation-cassie-video-honorary-degree/


The S&P 500 is reshuffling: Here are the stocks joining the index—and the stocks getting booted

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-468267258-e1717883900201.jpg?w=2048

The changes to the S&P 500 are set to go into effect prior to the open of trading on Monday, June 24.

https://fortune.com/2024/06/08/sp500-rebalance-stock-index-kkr-crowdstrike-godaddy-comerica-illumina-robert-half/


Remember, the U.S. doesn't have to pay off all its debt, and there's an easy way to fix it, Nobel laureate Paul Krugman says

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1367015834-e1717875328418.jpg?w=2048

"Given the political will, we could resolve debt concerns quite easily."

https://fortune.com/2024/06/08/us-debt-outlook-solution-deficit-tax-revenue-spending-gdp-economy-paul-krugman/


RH's CEO holds 10-hour 'adventures' with execs and says 'I don’t yell at people—I yell at the problem'

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1321777215-e1717868939687.jpg?w=2048

RH, formerly known as Restoration Hardware, was a favorite on Wall Street when shares soared during the early stages of the pandemic.

https://fortune.com/2024/06/08/rh-ceo-gary-friedman-management-leadership-restoration-hardware-housing-market/


Jensen Huang created a unique culture at Nvidia that allows the AI chip leader to move 'very, very fast'

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-2155386276-e1717864348622.jpg?w=2048

Nvidia CEO Jensen Huang organized the company around projects rather than traditional hierarchies.

https://fortune.com/2024/06/08/jensen-huang-nvdia-ceo-management-leadership-organization-culture-ai-chips/


AI frenzy helps mint 600,000 new U.S. millionaires, trouncing the rest of the world

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1387035226-e1717861494240.jpg?w=2048

Stock market gains have helped make North America the region with the highest rate of millionaire growth in the world.

https://fortune.com/2024/06/08/ai-stock-boom-us-millionaires-600000-nvidia-meta-microsoft-sp500/


Fury road: Cities are seizing illegal mopeds and scooters amid backlash against delivery drivers

https://fortune.com/img-assets/wp-content/uploads/2024/06/AP24159705530485-e1717860541182.jpg?w=2048

Cities are issuing warning letters, seizing illegally registered or driven vehicles, and launching special street patrols to enforce speed limits against delivery drivers.

https://fortune.com/2024/06/08/delivery-drivers-mopeds-scooters-police-seizure-doordash-grubhub-uber-eats/


Auto parts billionaire Frank Stronach, 91, arrested on sexual assault charges spanning decades

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-152824414-e1717859289277.jpg?w=2048

Stronach, born in Austria, became one of Canada’s wealthiest people by creating Magna in his garage in 1957 and building it into one of the world’s largest suppliers of auto parts.

https://fortune.com/2024/06/08/frank-stronach-arrest-auto-parts-billionaire-magna-sexual-assault-charges/


Elon Musk’s $56 billion Tesla pay package to get ‘no’ vote from Norway’s sovereign wealth fund

https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1853200567-e1717858103419.jpg?w=2048

“We remain concerned about the total size of the award, the structure given performance triggers, dilution, and lack of mitigation of key person risk.”

https://fortune.com/2024/06/08/elon-musk-56-billion-tesla-pay-package-norway-sovereign-wealth-fund/