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Venezuela oil minister to U.S. companies: ‘It's an entire world waiting to be discovered’

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Current price of oil as of August 20, 2026

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Meta faces a $1.4 trillion threat that could mean ‘turning in the keys and walking away’—but the stakes of the case reach across tech

1

Venezuela oil minister to U.S. companies: ‘It's an entire world waiting to be discovered’

2

Current price of oil as of August 20, 2026

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Meta faces a $1.4 trillion threat that could mean ‘turning in the keys and walking away’—but the stakes of the case reach across tech

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Leadership

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The trick to getting kids to stop trusting AI: Ask it to draw a map of the world

The trick to getting kids to stop trusting AI: Ask it to draw a map of the world

Kids laughed as Mali was spelled “Mail.” Egypt was identified as “Sopth.” In place of Libya was something simply called “Africa.”

By Jocelyn Gecker, Russ Bynum and The Associated PressAugust 21, 2026

Fortune 500 Power Moves: Which executives gained and lost power, Aug. 8-21

Fortune 500 Power Moves: Which executives gained and lost power, Aug. 8-21

By Fortune EditorsAugust 21, 2026

Philanthropy has long been dominated by the wealthy. This $12 million campaign wants Black Gen Z to see it differently

Philanthropy has long been dominated by the wealthy. This $12 million campaign wants Black Gen Z to see it differently

By James Pollard and The Associated PressAugust 21, 2026

sanjot

AI productivity tools are overhyped and overfunded. Investors should look elsewhere

By Sanjot MalhiAugust 21, 2026

CFO turnover at America’s largest companies is on pace to hit 18.3%—the highest since the pandemic

CFO turnover at America’s largest companies is on pace to hit 18.3%—the highest since the pandemic

By Sheryl EstradaAugust 21, 2026

The bond market is sending CEOs a blunt message: Borrowing costs are going to go up

The bond market is sending CEOs a blunt message: Borrowing costs are going to go up

By Diane BradyAugust 21, 2026

More in Future of Work

Happy male gamer celebrating while playing on a dark room

One U.S. Army unit is offering 4-days off to play Grand Theft Auto—but there’s a catch: they’ll have to reenlist if they take the day off to play

From the Army to small businesses: organizations are getting ahead of the GTA VI launch curve—and giving days off to steal virtual cars.

By Preston ForeAugust 20, 2026

Nneka Ogwumike’s WNBA legacy isn’t just her 11 All-Star nods. It’s a 364% pay raise for the players

The president of the WNBA players’ union is retiring after 15 seasons—and a labor agreement that’s historic across professional sports.

By Emma HinchliffeAugust 20, 2026

Moderna’s and Merck’s personalized mRNA vaccine shows real promise against deadly skin cancer melanoma in late stage trial and sends stocks soaring

The shot, paired with Merck’s Keytruda, cut the risk of melanoma recurrence in a trial of more than 1,100 patients.

By Catherina GioinoAugust 19, 2026

AI won’t fix a broken company. Rewiring it will

Picture a railroad that spends billions on the fastest trains in the world, then runs them on the same aging rails. The tracks are the constraint.

By Sastry Durvasula and Manish SharmaAugust 20, 2026

More in Future of Work

More in Success

MacKenzie Scott gave California public education $461 million—and let the recipients decide how to spend every dollar

MacKenzie Scott gave California public education $461 million—and let the recipients decide how to spend every dollar

The billionaire’s unrestricted gifts to 16 institutions reflect a giving philosophy built on trusting recipients to know their own communities best.

By Sydney LakeAugust 21, 2026

Billionaire Jeff Bezos once asked Warren Buffett why so few people copy his strategy—now he’s backing $7 billion Liverpool FC

If Amazon founder Jeff Bezos takes his own Warren Buffet-inspired advice, Liverpool fans can expect him to stick around for at least seven years.

By Orianna Rosa RoyleAugust 21, 2026

Army unit offers ‘special 4 day pass’ to play Grand Theft Auto VI for reenlisted troops as part of ‘unique incentives program’

At least 20 soldiers have signed up for the bonus off-days—with eligibility tied to serving at least two more years in uniform.

By Russ Bynum and The Associated PressAugust 20, 2026

Baby boomers look richer than ever—but many are retiring with record levels of debt

Decades of home-price gains made older Americans wealthy on paper. Debt and rising costs are making that wealth harder to live on

By Mia OsmonbekovAugust 21, 2026

More in Success

More in C-Suite

Airwallex expands from cross-border payments to autonomous finance—though president Lucy Liu says it’s still ‘not the best time’ for an IPO

Airwallex expands from cross-border payments to autonomous finance—though president Lucy Liu says it’s still ‘not the best time’ for an IPO

In late June, Airwallex raised $320 million in a Series H funding round led by Addition, which valued the cross-border payments platform at $11 billion

By Nicholas GordonAugust 20, 2026

Supermicro investigation clears CEO in alleged $2.5 billion smuggling scheme while a criminal trial involving a cofounder is set for next year

The AI-hardware maker’s board found no evidence CEO Charles Liang knew anything about alleged chip smuggling but a pending trial could bring more legal exposure to the beleaguered company.

By Amanda GerutAugust 20, 2026

Moderna co-founder is a billionaire once again at $1.7 billion—he once turned down 20 high-paying job offers to ‘have more of an impact on the world’

Billionaire biotech pioneer Robert Langer advises workers to do what makes them happy over money and job security: “If you give up too easily, that’s not good.”

By Emma BurleighAugust 20, 2026

Bill Ackman’s $400 million brain institute was inspired by his daughter—and built outside elite universities, which he says are losing talent

The billionaire investor said campus politics and funding cuts have made academia less attractive

By Mia OsmonbekovAugust 20, 2026

More in C-Suite

Workplace Culture

More in Workplace Culture

Scott Kupor, wearing a suit, looks forward and frowns.

Exclusive: The man leading Trump’s RTO charge for government workers says he filmed a video in front of a blank wall to avoid work-from-home suspicion

“I was in my bedroom,” OPM director Scott Kupor said in an all-hands meeting this week. “I was trying to find something that was not recognizable as being in my house, basically.”

By Sasha RogelbergAugust 20, 2026

Millionaire Mel Robbins says her waitressing boss taught her how to spot the most influential person in the room: ‘It’s never who you think it is’

“The Mel Robbins Podcast” host says the most powerful person in the room is “never who you think it is.”

By Emma BurleighAugust 19, 2026

Like Nvidia’s Jensen Huang, Siemens’ CEO has no recurring meetings with direct reports to save time—he also replies to emails with just ‘OK’ or ‘No’

CEO of $256 billion Siemens, Roland Busch, replies to emails with just ‘OK’ or ‘No.’ Anything longer, and the boomer will voice note his team on the move.

By Preston ForeAugust 17, 2026

Dropbox co-CEO has just shared the simple rule he follows for when to turn down a meeting

Dropbox co-CEO Ashraf Alkarmi writes down five goals each quarter—if ‘I get meetings that are not related to these things, I don’t go,” he says.

By Emma BurleighAugust 18, 2026

More in Workplace Culture

Latest stories from Fortune

Photo of Evergrande's founder on trial

China’s onetime richest man has lost everything but creditors are still owed $300 billion

By The Associated Press and Chan Ho-HimAugust 21, 2026

Cuba opened its economy on Washington’s orders. Rubio’s answer: more sanctions

Cuba opened its economy on Washington’s orders. Rubio’s answer: more sanctions

By Edith M. Lederer and The Associated PressAugust 21, 2026

College sports’ talent race is turning each athletic department into a $40 million business empire

Arts & Entertainment

College sports’ talent race is turning each athletic department into a $40 million business empire

By James Pollard and The Associated PressAugust 21, 2026

Current price of gold as of August 21, 2026

Personal Finance

Current price of gold as of August 21, 2026

By Danny BakstAugust 21, 2026

Gold, silver, or cash: Which has been the better crisis hedge over the last 50 years?

Personal Finance

Gold, silver, or cash: Which has been the better crisis hedge over the last 50 years?

By Joseph HostetlerAugust 21, 2026

New York Times correction over a college basketball player wrongly named at the scene of a shooting leads to $9.25 million jury verdict

New York Times correction over a college basketball player wrongly named at the scene of a shooting leads to $9.25 million jury verdict

By The Associated PressAugust 21, 2026

The changing college sports landscape has women’s programs turning to philanthropy as funding dries up

The changing college sports landscape has women’s programs turning to philanthropy as funding dries up

By The Associated Press and James PollardAugust 21, 2026

Top CD rates from major banks Aug. 21, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more

Personal Finance

Top CD rates from major banks on August 21, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more

By Joseph HostetlerAugust 21, 2026

More LeadershipPage 10 of 100

noma

Travel & Leisure

‘We’re still here standing’: the restaurant world’s fallen angel is reopening with its founder chef or its 3 Michelin stars

By James Brooks, Stefanie Dazio and The Associated PressJuly 30, 2026

Future of Work
Nvidia’s Jensen Huang says AI is killing tasks not jobs—and the white-collar bloodbath narrative gets the future of work ‘exactly backwards’
By Marco Quiroz-GutierrezJuly 28, 2026

Should AI be formally recognized as a national and global security threat? In London, politicians increasingly think so

Should AI be formally recognized as a national and global security threat? In London, politicians increasingly think so

By Kamal AhmedJuly 30, 2026

The only thing more surprising than Cracker Barrel CEO’s exit may be its pick to replace her

The only thing more surprising than Cracker Barrel CEO’s exit may be its pick to replace her

By Phil WahbaJuly 30, 2026

howard

Howard University reinstates hundreds of students after mass unenrollment

By Corey Williams and The Associated PressJuly 30, 2026

UPS CFO on the lessons learned from scaling back Amazon—and why the strategy is paying off

By Sheryl EstradaJuly 30, 2026

‘Am I paying for the vibes?’ Gen Z says it hates capitalism, but their spending patterns show they just don’t like being ripped off

By Nick LichtenbergJuly 30, 2026

Success
In South Korea, teenagers are skipping college for semiconductor school—they’re landing six-figure Samsung jobs at 17 and bonuses of up to $400,000
By Preston ForeJuly 28, 2026

Tariffs, debt, and a stubborn Fed are squeezing consumers

Tariffs, debt, and a stubborn Fed are squeezing consumers

By Diane BradyJuly 30, 2026

Jonathan Winer wears a white button down and blue sweater and smiles.

Forget robots on assembly lines. Foundational Industries wants AI to run the entire factory

By Lily Mae LazarusJuly 30, 2026

Dow COO Karen Carter wearing a white lab coat and sitting while smiling

Dow’s new CEO is ‘blessed to be stressed’—and steering a turnaround amid oil market upheaval

By Jordan BlumJuly 30, 2026

Warren Buffett is handing $140 billion to his family’s foundations. The way he’s doing it reveals how billionaire philanthropy really works

Personal Finance

Warren Buffett is handing $140 billion to his family’s foundations. The way he’s doing it reveals how billionaire philanthropy really works

By Sydney LakeJuly 30, 2026

Man in glasses gesturing

Microsoft’s cloud just hit a new milestone—Azure crosses $100 billion in annual revenue

By Amanda GerutJuly 29, 2026

Success
Despite making over $135K, 1 in 5 high earners feel ‘depressed’ when thinking about their finances—they may have ‘money dysmorphia’
By Emma BurleighJuly 28, 2026

Southeast Asia is ‘hungry for innovation’ and eager to leapfrog, says SAP’s new APAC president Verena Siow

Southeast Asia is ‘hungry for innovation’ and eager to leapfrog, says SAP’s new APAC president Verena Siow

By Angelica AngJuly 29, 2026

Trump, Sam Altman, and Demis Hassibis at the G7.

More than 1,200 AI workers across Anthropic, DeepMind, OpenAI, and Meta are asking for Washington’s help building an AI slowdown plan

By Beatrice NolanJuly 29, 2026

Eddie Smith Jr driving a boat

He worked 100-hour weeks to save a nearly bankrupt boat company. At 83, he’s just turned down $400 million for it—and gave it all to charity instead

By Preston ForeJuly 29, 2026

Bernard Arnault, CEO of LVMH

LVMH CEO Bernard Arnault reveals he owned nearly 20% of Netflix, but cashed out too early—his stake could be worth up to $60 billion today

By Emma BurleighJuly 29, 2026

Millionaires are leaving the U.K. in droves thanks to tax hikes—but the CEO of $1 billion tax platform says it’s their ‘social responsibility’ to stay

Millionaires are leaving the U.K. in droves thanks to tax hikes—but the CEO of $1 billion tax platform says it’s their ‘social responsibility’ to stay

By Orianna Rosa RoyleJuly 29, 2026

eeoc

EEOC has indefinitely suspended all federal-sector class complaints, lawsuit claims

By Alexandra Olson and The Associated PressJuly 29, 2026

Exclusive: Rent the Runway cofounder Jenn Hyman is taking over IPO-bound Babylist as it nears $1 billion in revenue

Exclusive: Rent the Runway cofounder Jenn Hyman is taking over IPO-bound Babylist as it nears $1 billion in revenue

By Emma HinchliffeJuly 29, 2026

Dr. Fauci, the Age of Big Players in science and what his diary reveals about the disputed origins of Covid

By Steve H. Hanke and Roger KopplJuly 29, 2026

norah

Arts & Entertainment

60 Minutes hires new lineup including Ross Douthat, Norah O’Donnell

By Jocelyn Noveck and The Associated PressJuly 29, 2026

Nnamdi Iregbulem is a partner at Lightspeed Venture Partners

Button-mashing never worked in StarCraft. Tokenmaxxing won’t work in AI

By Nnamdi IregbulemJuly 29, 2026

Computer language, Token is the basic unit of AI large models

CFOs are hitting a ‘cost wall’ on AI

By Sheryl EstradaJuly 29, 2026

orla

The Benefits Activation Gap: what claims data teaches us about employee engagement

By Orla NixonJuly 29, 2026

What CEOs learned about AI, work, and legacy from their own Gen Z kids

What CEOs learned about AI, work, and legacy from their own Gen Z kids

By Diane BradyJuly 29, 2026

Jamie Dimon says his stockbroker father taught him to invest with a ‘brutally hard’ childhood game

Jamie Dimon says his stockbroker father taught him to invest with a ‘brutally hard’ childhood game

By Sarah GlodekJuly 29, 2026

Elon Musk

Elon Musk said money doesn’t matter. Then he rolled out X Money and admitted he’s a ‘former trillionaire’

By Catherina GioinoJuly 29, 2026

Gen Z workers are sneaking out of the office to nap and cry—anywhere secluded away from the desk will do, including Zara’s fitting room

Gen Z workers are sneaking out of the office to nap and cry—anywhere secluded away from the desk will do, including Zara’s fitting room

By Orianna Rosa RoyleJuly 29, 2026

‘We’re on top of every restock’: This 24-year-old has made over $4 million off his subscription-based reselling community

By Joshua HongJuly 29, 2026

henrik

I was Spotify’s first analytics lead. Here is what VCs get wrong about data

By Henrik LandgrenJuly 29, 2026

FIFA’s plan to raise billions from investors is sparking a backlash: One insider says Europe is angry as it could change soccer’s balance of power

Startups & Venture

FIFA’s plan to raise billions from investors is sparking a backlash: One insider says Europe is angry as it could change soccer’s balance of power

By Allie GarfinkleJuly 28, 2026

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Most Popular

Venezuela oil minister to U.S. companies: ‘It's an entire world waiting to be discovered’

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By Jordan BlumAugust 20, 2026

Personal Finance

Current price of oil as of August 20, 2026

placeholder alt text

By Joseph HostetlerAugust 20, 2026

Meta faces a $1.4 trillion threat that could mean ‘turning in the keys and walking away’—but the stakes of the case reach across tech

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By Tatiana SatauaAugust 20, 2026

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