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U.S. companies have finally gotten $71 billion in tariff refunds, but they’re using it to offset inflation caused by the Iran war

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FedEx CEO says we are in the middle of the biggest supply chain shift he’s seen in 35 years: ‘We are the referendum’

3

Kevin O’Leary claimed opposition to his Utah data center was fueled by Chinese money. Now he and Fox News are being sued for defamation

1

U.S. companies have finally gotten $71 billion in tariff refunds, but they’re using it to offset inflation caused by the Iran war

2

FedEx CEO says we are in the middle of the biggest supply chain shift he’s seen in 35 years: ‘We are the referendum’

3

Kevin O’Leary claimed opposition to his Utah data center was fueled by Chinese money. Now he and Fox News are being sued for defamation
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Businesses are experimenting with cheaper Chinese AI models as U.S. rivals get more expensive
Businesses are experimenting with cheaper Chinese AI models as U.S. rivals get more expensive

Lower costs and open-source availability are prompting some companies to experiment with Chinese AI models, even as security concerns remain.

By Tatiana SatauaJuly 17, 2026
Markets may have just experienced their second DeepSeek shock, this time thanks to a Chinese AI lab named after a Pink Floyd album
Markets may have just experienced their second DeepSeek shock, this time thanks to a Chinese AI lab named after a Pink Floyd album
By Nicholas GordonJuly 17, 2026
xi
Xi offers AI olive branch to the world, calling for ‘symphony of global cooperation’
By Han Guan Ng, Chan Ho-Him and The Associated PressJuly 17, 2026
Moonshot’s Kimi K3 pushes Chinese AI into Fable-level territory
Moonshot’s Kimi K3 pushes Chinese AI into Fable-level territory
By Nicholas GordonJuly 16, 2026
tesla
Runaway Tesla that crashed into a grandmother’s living room was actually being steered by a human, investigators find
By Bernard Condon and The Associated PressJuly 16, 2026
Donald Trump looks at Xi Jinping and puts a hand on his arm.
Trump has tried to decouple from China, but ending U.S. reliance on the country would cost America nearly $14 trillion, EY warns
By Sasha RogelbergJuly 16, 2026
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Latest stories from Fortune
Photo of David Solomon
Success
Goldman Sachs CEO says he’d hire someone ‘smart enough’ over the smartest person in the world because ultimately experience trumps brains
By Emma BurleighJuly 18, 2026
Backstabbing is the new office norm: Gen Z and millennials are blame-shifting, snitching, and setting others up to fail—but so are managers
Success
Backstabbing is the new office norm: Gen Z and millennials are blame-shifting, snitching, and setting others up to fail—but so are managers
By Orianna Rosa RoyleJuly 18, 2026
Landon Donovan, wearing a suit and holding a microphone, smiles.
Success
U.S. soccer star Landon Donovan was raised by a single mom and said he wouldn’t break though today because youth sports have gotten too expensive
By Sasha RogelbergJuly 18, 2026
ives
Banking
‘I’m an example of what I’ve preached’: Dan Ives knows AI has a ‘PR problem’ but it led to his massive career change after 25 years on Wall Street
By Nick LichtenbergJuly 18, 2026
pt
Politics
Peter Thiel just gave the public its closest look yet at his ‘Antichrist’ theory—and it’s a tech and climate regulator
By Nick LichtenbergJuly 18, 2026
Svenja Gudell, Chief Economist, Indeed
Commentary
Indeed chief economist: Aging Baby Boomers are America’s real labor problem, not AI
By Svenja GudellJuly 18, 2026
Trump may have to choose between an endless quagmire and ceding the Strait of Hormuz to Iran
Energy
Trump may have to choose between an endless quagmire and ceding the Strait of Hormuz to Iran
By Jordan BlumJuly 18, 2026
SpaceX stock falls back to earth shortly after Wall Street analysts release florid targets: ‘Paving the superhighway to the stars’
Investing
SpaceX stock falls back to earth shortly after Wall Street analysts release florid targets: ‘Paving the superhighway to the stars’
By Shawn TullyJuly 18, 2026
More AsiaPage 66 of 69
Samsung narrows its semiconductor losses, giving hope that the chip slump is nearing a turning point
Tech
Samsung narrows its semiconductor losses, giving hope that the chip slump is nearing a turning point
By Lionel LimOctober 31, 2023
Infosys founder Narayana Murthy wants young workers to have a 70-hour work week—and thinks it should be a matter of national pride
Leadership
Infosys founder Narayana Murthy wants young workers to have a 70-hour work week—and thinks it should be a matter of national pride
By Lionel LimOctober 30, 2023
VC boss who came to the U.S. as a child refugee: ‘Without immigration, the American Dream is just a fantasy’
Commentary
VC boss who came to the U.S. as a child refugee: ‘Without immigration, the American Dream is just a fantasy’
By Semyon DukachOctober 27, 2023
Elon Musk and Tesla can perhaps breathe a small sigh of relief as they reportedly get a reprieve from the EU’s China EV probe
Asia
Elon Musk and Tesla can perhaps breathe a small sigh of relief as they reportedly get a reprieve from the EU’s China EV probe
By Lionel LimOctober 27, 2023
Hong Kong hopes a one-off $2,500 check for new parents will help lift one of the developed world’s lowest birth rates
Asia
Hong Kong hopes a one-off $2,500 check for new parents will help lift one of the developed world’s lowest birth rates
By Lionel LimOctober 26, 2023
Gavin Newsom, Xi Jinping
Politics
Xi Jinping holds surprise meeting with Gavin Newsom during the California’ governor’s visit to China
By Huizhong Wu and The Associated PressOctober 25, 2023
Hui Ka Yan, chairman of China Evergrande Group, speaks during a news conference in Hong Kong, China, on Monday, March 26, 2018.
Leadership
Embattled China Evergrande’s founder is no longer a billionaire after the man once worth $42 billion loses 98% of his wealth
By Chloe TaylorOctober 25, 2023
The energy transition is under threat as the Global South lags behind
Commentary
The energy transition is under threat as the Global South lags behind
By Makhtar Diop and Mohamed Jameel Al RamahiOctober 25, 2023
Pinduoduo founder Colin Huang surges past Alibaba’s Jack Ma to become China’s third-richest person—in part thanks to U.S. platform Temu
Asia
Pinduoduo founder Colin Huang surges past Alibaba’s Jack Ma to become China’s third-richest person—in part thanks to U.S. platform Temu
By Lionel LimOctober 25, 2023
Gavin Newsom
Asia
Gavin Newsom tells Hong Kong they ‘can rely on California’ at start of weeklong trip to China
By Kanis Leung and The Associated PressOctober 24, 2023
Russian president Vladimir Putin has deepened ties with Chinese leader Xi Jinping.
Politics
Elon Musk fears the West is foolishly ‘sleepwalking our way into World War III’ and calls for an immediate cease-fire in Ukraine
By Christiaan HetznerOctober 24, 2023
Chinese retailers are already slashing the prices of the iPhone 15 by over $100 amid reports of a sluggish launch for Apple’s latest smartphone
Asia
Chinese retailers are already slashing the prices of the iPhone 15 by over $100 amid reports of a sluggish launch for Apple’s latest smartphone
By Lionel LimOctober 24, 2023
Anxiety is gripping China’s stock market more than anytime in the past year as the ‘Fear and Greed’ indicator slumps
Asia
Anxiety is gripping China’s stock market more than anytime in the past year as the ‘Fear and Greed’ indicator slumps
By BloombergOctober 23, 2023
China’s latest war against Taiwan-based Foxconn has ‘all the hallmarks of a political crackdown’ and adds to a push to put foreign firms on notice
Asia
China’s latest war against Taiwan-based Foxconn has ‘all the hallmarks of a political crackdown’ and adds to a push to put foreign firms on notice
By BloombergOctober 23, 2023
Chairman and managing director of Reliance Industries Ltd, Mukesh Ambani
Asia
Disney is preparing to offload part of its $10 billion India operation to Asia’s richest tycoon
By Baiju Kalesh, P R Sanjai, Preeti Singh and BloombergOctober 23, 2023
Saudi crown prince Mohammed bin Salman
Companies
Saudi crown prince Mohammed bin Salman’s 2030 growth plan bears fruit as Hyundai inks deal to join Lucid as next carmaker in the Gulf
By Christiaan HetznerOctober 23, 2023
Anthony Albanese, Xi Jinping
Finance
Australia and China have had a beef over wine since 2020. That’s changing as the PM will make his first visit to Beijing in 7 years
By Rod McGuirk and The Associated PressOctober 22, 2023
Tesla challenger VinFast inks $1 billion share sale pact with New Jersey investment firm that ‘provides financial flexibility’
Finance
Tesla challenger VinFast inks $1 billion share sale pact with New Jersey investment firm that ‘provides financial flexibility’
By Nguyen Kieu Giang and BloombergOctober 20, 2023
An illustration of a Broadcom Inc. logo on a smartphone displayed against the company's stock market information in the background.
Tech
Beijing is reportedly preparing to scupper Broadcom’s $69 billion U.S. merger in retaliation against Biden’s new chips rules
By Lionel LimOctober 20, 2023
Kim Jong Un
Politics
Thousands of remote IT workers sent wages to North Korea to help fund weapons program, FBI says
By Jim Salter and The Associated PressOctober 19, 2023
Macau is back as the world’s top gambling hub—and casino companies like Las Vegas Sands are starting to reap the rewards
Retail
Macau is back as the world’s top gambling hub—and casino companies like Las Vegas Sands are starting to reap the rewards
By Lionel LimOctober 19, 2023
Gina Raimondo
Politics
China protests Biden’s ‘improper’ new chip controls, vows to take ‘all necessary measures’ to safeguard interests
By The Associated PressOctober 18, 2023
Nvidia CEO Jensen Huang
Politics
Nvidia thought it found a way around U.S. export bans of AI chips to China—now Biden is closing the loophole and investors aren’t happy 
By Christiaan HetznerOctober 18, 2023
The company that makes your iPhone is expanding to EVs and it’s getting Nvidia to help make an ‘AI factory’
Tech
The company that makes your iPhone is expanding to EVs and it’s getting Nvidia to help make an ‘AI factory’
By Lionel LimOctober 18, 2023
An outspoken airline chief combined a massage and a meeting—then posted a shirtless photo to LinkedIn
Asia
An outspoken airline chief combined a massage and a meeting—then posted a shirtless photo to LinkedIn
By Lionel LimOctober 18, 2023
Aerial photo shows a residential area of Country Garden in Suqian, East China's Jiangsu Province
Asia
China’s real estate market teeters as builder Country Garden signals it will default on massive $186 billion debt
By BloombergOctober 18, 2023
Elon Musk holding hands up
Finance
EXCLUSIVE: X, formerly known as Twitter, will begin charging new users $1 a year to access key features including the ability to tweet and retweet
By Kylie RobisonOctober 17, 2023
A worker in an aluminum products factory in China
Commentary
America was the world’s largest producer of primary aluminum until recently. Now companies are warning the 2% U.S. market share puts the energy transition at risk
By Annie SartorOctober 17, 2023
Baidu claims its Ernie AI chatbot is now as good as ChatGPT months after weak rollout spooked investors
Tech
Baidu claims its Ernie AI chatbot is now as good as ChatGPT months after weak rollout spooked investors
By BloombergOctober 17, 2023
Tim Cook crashes a Chinese e-sports tournament as Apple faces competition and censorship in its most important non-U.S. market
Tech
Tim Cook crashes a Chinese e-sports tournament as Apple faces competition and censorship in its most important non-U.S. market
By Lionel LimOctober 17, 2023
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Economy
U.S. companies have finally gotten $71 billion in tariff refunds, but they’re using it to offset inflation caused by the Iran warplaceholder alt text
By Sasha RogelbergJuly 17, 2026
C-Suite
FedEx CEO says we are in the middle of the biggest supply chain shift he’s seen in 35 years: ‘We are the referendum’placeholder alt text
By Fortune EditorsJuly 15, 2026
Law
Kevin O’Leary claimed opposition to his Utah data center was fueled by Chinese money. Now he and Fox News are being sued for defamationplaceholder alt text
By Marco Quiroz-GutierrezJuly 17, 2026
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