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Amazon dethrones Walmart as No. 1 on the Fortune 500. There’s a big upside to their rivalry | Fortune
Good morning. There is a new top dog in Corporate America. Walmart, long the largest U.S. company by revenue and No. 1 on the Fortune 500, was eclipsed for the first time by Amazon.com. Based on Q4 earnings, Amazon...
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Troubled Nvidia ally Supermicro pledged to hire a new CFO ‘immediately.’ That was 14 months ago. | Fortune
Supermicro Chairman and CEO Charles Liang triumphantly announced to investors in early December 2024 that a special investigation spurred by the abrupt resignation of audit firm Ernst & Young had found no evidence of fraud or misconduct.The rub? The...
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Tens of millions of Americans care for loved ones up to 6 hours a day while working a job—and don’t get any extra money...
Debra Whitman was traveling for work when her father was suddenly admitted to the hospital in serious pain.She jetted home to Maryland and took several days off to care for him in his rural community in eastern Washington state...
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Prince Andrew was just arrested over Epstein-related ‘misconduct.’ Here’s how low his net worth is—and how he’ll pay his legal fees | Fortune
Some people expect to receive letters in the mail filled with cash and checks on their birthday. For others, a knock on the door by those kind of cops is a welcome gift. For Prince Andrew, his 66th birthday...
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Former Prince Andrew was arrested. Bill Gates backed away from a speech. For these power players, the Epstein walls are closing in | Fortune
Since the Justice Department released the latest tranche of Jeffrey Epstein’s emails, a number of political and business leaders have come under renewed scrutiny for maintaining contact with him long after his 2008 conviction for soliciting prostitution from a...
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Amazon’s humble history: Jeff Bezos used a rented garage as an office and held team meetings at a local Barnes & Noble | Fortune
That’s why it’s worth rewinding to the summer of 1994, when Bezos left a fledgling Wall Street career and moved to Bellevue, Wash., with a vision: to build an online bookstore that could one day sell everything. The first...
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Sam Altman says not even the CEO’s job is safe from AI as it will soon perform the work better than ‘certainly me’ |...
Business leaders and tech experts think AI has white-collar work on the chopping block. Now, OpenAI CEO Sam Altman says not even the CEO’s job is safe from automation.Speaking at the AI Impact Summit in New Delhi, the tech...
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The next 3 years will define capitalism for a generation losing faith in talent and hard work. Are CEOs up for the challenge? | Fortune
Today’s CEOs could be the most consequential corporate leaders in American history. The decisions they make will determine whether the most powerful technologies ever developed strengthen the foundations of American capitalism or further strain them. The stability of the...
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Despite a $400 million net worth and Hollywood career, Reese Witherspoon tells young people to stop chasing their dreams—and do this instead | Fortune
Reese Witherspoon is supposed to be proof that “follow your dreams” works: she’s an Oscar-winning actress with a hit production company, a $400 million-plus net worth, and a Nashville mansion. Yet when a young woman recently asked her for career...
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Retail billionaire Les Wexner says he was ‘duped’ by adviser Jeffrey Epstein: ‘I was naive, foolish, and gullible’ | Fortune
The billionaire behind the retail empire that once blanketed shopping malls with names such as Victoria’s Secret and Abercrombie & Fitch told members of Congress on Wednesday that he was “duped by a world-class con man” — close financial...
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U.S. and U.K. to discuss use of Diego Garcia base as Iran protests Trump’s threat to use it in an attack
U.S. Secretary of State Marco Rubio and his British counterpart were to meet Friday in ...