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The oil CEO who stood up to Trump is a disciplined follower of the ‘Exxon way’ with a history of blunt statements | Fortune
Good morning. As President Donald Trump has initiated tariff wars and threatened individual companies, his second term has been marked by pilgrimages of CEOs from Big Tech and beyond to bestow gifts upon POTUS and perform public acts of...
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EverGen Infrastructure Provides Update on Debt Refinancing and Private Placement
Article contentNot for Distribution to US Newswire Services or Dissemination in the United StatesTHIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel...
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DOJ criminal probe highlights risk of Fed losing independence – a central bank scholar explains what’s at stake
The Department of Justice’s decision to open a criminal investigation into Federal Reserve chair Jerome Powell has reignited concern over the independence of the central bank.In unusually blunt remarks, Powell described the unprecedented probe as...
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Is Powell’s Fed head independence dead? It’s just one more diversionary Trump trick | Fortune
The only surprising quality regarding President Trump unleashing federal investigators to prepare potential prosecution criminal charges against the highly respected Federal Reserve Chairman Jay Powell — a Trump appointee himself — is that anyone is surprised by this news.The sequential,...
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Elon Musk says saving for retirement is irrelevant because AI is going to create a world of abundance: ‘It won’t matter’ | Fortune
Saving for retirement is pointless thanks to the impending “supersonic tsunami” of AI and robotics, which will bring about a world of zero scarcity, according to Elon Musk.While the Tesla and SpaceX CEO admitted he’s “more optimistic” than most,...
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Allegiant Air to acquire Sun Country Airlines for $1.5 billion | Fortune
Allegiant Air said it will acquire Sun Country Airlines in a cash-and-stock deal valued at about $1.5 billion, including debt, in a move combining two low-cost U.S. carriers focused on leisure travel.Executives at both carriers said their route networks...
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Jeff Bezos tells Gen Z entrepreneurs to gain work experience before launching new companies: ‘I started Amazon when I was 30’ | Fortune
Some of Big Tech’s greatest success stories are from college dropouts. Mark Zuckerberg launched Facebook in 2004 from his Harvard University dorm room (and later dropped out). Bill Gates also left Harvard and cofounded Microsoft with Paul Allen in...
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Productivity gains fuel U.S. growth while hiring slows | Fortune
Good morning. The U.S. economy closed out 2025 with a puzzling mix: sluggish job growth alongside accelerating productivity.The U.S. Bureau of Labor Statistics (BLS) reported on Friday that nonfarm payrolls rose by a seasonally adjusted 50,000 in December 2025,...
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One reason CEOs tie layoffs to AI? It motivates remaining employees to learn AI | Fortune
Good morning. At a recent CEO dinner in New York, conversation turned to the topic of jobs. 2025 was an underwhelming year for U.S. job growth—adding 584,000 jobs compared to 2 million in 2024—and this year is likely to...
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Stock futures slide while gold and silver jump after Powell investigation raises fears over the Fed’s independence | Fortune
U.S. equity futures fell sharply Sunday night after Federal Reserve Chair Jerome Powell confirmed that he is under investigation related to testimony he gave last June concerning the renovation of Federal Reserve buildings. The New York Times report breaking news...