• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Jamie Dimon and his wife, Judith, donate $12 million to 12 HBCUs—betting they're the 'springboard to success' for the next generation

2

Baby boomers are collecting 265% of what they paid into Social Security—and millennials are paying the price

3

Current price of oil as of August 26, 2026

1

Jamie Dimon and his wife, Judith, donate $12 million to 12 HBCUs—betting they're the 'springboard to success' for the next generation

2

Baby boomers are collecting 265% of what they paid into Social Security—and millennials are paying the price

3

Current price of oil as of August 26, 2026
LeadershipCEO Daily

Rare Earths, Boeing Warning, Recession Warning: CEO Daily for May 29, 2019

By
David Meyer
David Meyer
and
Alan Murray
Alan Murray
Down Arrow Button Icon
By
David Meyer
David Meyer
and
Alan Murray
Alan Murray
Down Arrow Button Icon
May 29, 2019, 6:16 AM ET
Add Fortune on Google for similar content.

Good morning.

MacKenzie Bezos found a great way to upstage her ex: signing the “Giving Pledge,” which is a promise to give away half her wealth to good causes while living. Jeff Bezos hasn’t signed.

That’s not to say Bezos hasn’t made big charitable giveaways. Business Insider published a list of some that have been publicly disclosed. But for the richest man in the world—at an estimated $114 billion—they seem a bit stingy. Meanwhile, the No. 2 and No. 3 on the billionaires list—Bill Gates and Warren Buffett—have both signed the pledge; in fact, they started it along with Melinda Gates.

Worth noting that Gates’ generosity blossomed after his showdown with government antitrust authorities. Is Bezos waiting for the same? Might be good for business, as well as for the world, if he jumps on this bandwagon sooner rather than later.

More news below.

Alan Murray
@alansmurray
alan.murray@fortune.com

Top News

Rare Earths

Asia-Pacific rare earths miners have seen their shares soar, following veiled threats from a Chinese official that the minerals could become leverage in the U.S.-China trade war. But how much of a threat is that in reality? It seems China's near-monopoly on rare earths, which are essential for building electronics, is temporary at best. Fortune

Boeing Warning

An Ethiopian Airlines pilot warned senior managers of a need for better training and communication, following the crash of a Lion Air Boeing 737 Max in October. The warnings came months before a Ethiopian Airlines 737 Max crashed. The pilot, who was not involved in that disaster, warned that "it will be a crash for sure" if pilots encountered a malfunctioning flight control system. Bloomberg

Recession Warning

Morgan Stanley says a recession may be coming. Chief U.S. equity strategist Michael Wilson, highlighting a fall in manufacturing activity: "Recent data points suggest U.S. earnings and economic risk is greater than most investors may think." Wilson is bearish, but his initial S&P 500 call last year, which he did not adjust at any point, turned out to be the most accurate. CNBC

Huawei Plea

Huawei has filed a motion for a summary judgement to halt the U.S.'s "illegal action" against it. The company is pointing to the fact that the U.S. still hasn't shown its evidence for deeming Huawei a security threat. The Chinese telecoms giant also told media that the ban against supplying it with U.S. components and software would "directly harm" U.S. companies and jobs. BBC

Around the Water Cooler

Worker Ownership

Bernie Sanders is formulating a plan that would force large businesses to put some of their stocks into an employee-controlled fund, so workers would get regular dividends. He also wants corporations to give workers seats on their boards—an idea that's already been proposed by Elizabeth Warren, and that is commonplace in Germany. Washington Post

China Currency

The U.S. Treasury Department held back from labelling China a currency manipulator in its latest foreign exchange report, though the country is still on the watchlist for meeting some criteria, alongside Japan, South Korea and Germany, plus new additions Ireland, Italy, Vietnam, Singapore and Malaysia. India and Switzerland are off the latest watchlist. Bloomberg

Digital Currency

Central banks such as that of Sweden may be exploring the possibility of issuing official digital money, but Germany's central bank chief is skeptical. Bundesbank president Jens Weidmann warned that the development could exacerbate bank runs in crisis situations, and introduce volatile demand. After all, if interest rates are low and you have digital money, why keep it in a commercial bank account? Reuters

Tory Business

British Health Secretary Matt Hancock is one of the many people running to succeed Theresa May at the helm of the Conservative Party (and the U.K.,) and he's pitching himself as the pro-business candidate. Referring to Boris Johnson's infamous "f*ck business" comment, reportedly made in response to industry's concerns over the impact of a no-deal Brexit, Hancock offered this to the Financial Times: "f*ck, f*ck business." If nothing else, the British asterisk sector has a rosy future. FT

This edition of CEO Daily was edited by David Meyer. Find previous editions here, and sign up for other Fortune newsletters here.

About the Authors
By David Meyer
LinkedIn icon
See full bioRight Arrow Button Icon
Alan Murray
By Alan Murray
LinkedIn iconTwitter icon
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Leadership


Most Popular

Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • TikTok icon
  • YouTube icon

    Latest in Leadership


    Most Popular

    © 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
    FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.