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MacKenzie Scott, Melinda French Gates, and Lauren Sánchez Bezos are rewriting the rules of billionaire giving—one quietly, one strategically, one very publicly

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26 Meta employees accuse Mark Zuckerberg of using AI to target 8,000 layoffs against workers on medical, parental or family leave

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After donating $48 billion to the Gates Foundation, Warren Buffett is quietly ending one of the biggest philanthropic relationships in history

1

MacKenzie Scott, Melinda French Gates, and Lauren Sánchez Bezos are rewriting the rules of billionaire giving—one quietly, one strategically, one very publicly

2

26 Meta employees accuse Mark Zuckerberg of using AI to target 8,000 layoffs against workers on medical, parental or family leave

3

After donating $48 billion to the Gates Foundation, Warren Buffett is quietly ending one of the biggest philanthropic relationships in history
FeaturesFive Things

Orbitz spat and Tiffany’s sparkle — five things to know today

By
Ben Geier
Ben Geier
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By
Ben Geier
Ben Geier
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August 27, 2014, 8:07 AM ET
American Airlines Announces New Destinations From LAX, Including Non Stop To Shanghai
The inaugural American Airlines non-stop flight to Shanghai, China, is towed from its gate during festivities at Los Angeles International Airport April 5, 2011 in Los Angeles, California.Photo by Kevork Djansezian—Getty Images
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Hello, friends and Fortune readers.

With stock futures pointing to a higher open, investors will be eager to know if the benchmark S&P 500 can hold above Tuesday’s record close. Here’s what else you need to know today.

1. Tiffany had a sterling quarter

The luxury jeweler posted earnings of $0.96 per share, beating expectations, and raised its guidance for the year. More people are apparently in the market for jewelry, because same-store sales bumped up 3% year-over-year.

2. American Airlines spurns Orbitz

Customers looking for fares on the popular travel booking site will no longer see American Airlines flights listed after the two companies failed to reach an agreement in a dispute over fees, according to reports. US Airways, which recently merged with AA, will also pull its fares from Orbitz on Sept. 1.

3. Tesla getting charged up in China

Earlier this month, Elon Musk settled a copyright dispute in China. Now, it looks like the Chinese government wants to make it easier for him to sell to consumers by spending up to $16 million (100 million yuan) to build charging stations compatible with the electronic vehicles

4. Time Warner Cable is dark

Television watchers and Internet users nationwide are experiencing outages if they use Time Warner Cable. The company tweeted that there was no estimate for when service will be restored, although some reports say Internet service has been largely brought back online.

5. Sin City could be getting a hockey team

Rumors started circulating last night that Las Vegas could soon be getting its own NHL team, with hockey being the first major professional sport to set up shop in the desert town. There is no word about who could be in the ownership group, but there’s obviously plenty of money in Vegas.

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