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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

3

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

Leadership

Leadership

Workplace Culture

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wfh

AI will not give you Fridays off

Jamie Dimon and Bill Gates say AI could bring a two- or three-day work week. I’ve studied the 4-day work week for years and data disagrees.

By Dan SchawbelAugust 21, 2026

A cheerful woman in yellow headphones waves at her laptop during a video call.

Despite CEOs like Elon Musk pushing in-person office work, a major study of 7,000 workers says remote employees are just as connected—and more engaged

By Preston ForeAugust 21, 2026

Meghan, Duchess of Sussex and Prince Harry, Duke of Sussex

Harry and Meghan’s homecoming comes with a multimillion-dollar tax catch—waiting four years could have shielded their $60 million fortune

By Emma BurleighAugust 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

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

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

More in Future of Work

sanjot

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

Over 50 years ago, Charlie Munger convinced his best friend Warren Buffett to ditch the proverbial cheap cigar butts for durable, high-quality businesses.

By Sanjot MalhiAugust 21, 2026

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

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

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

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

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

The next generation of CFOs stepping in may be younger and less experienced.

By Sheryl EstradaAugust 21, 2026

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

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

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

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

CEO of viral backflipping robot company says robots are still years from ‘ChatGPT moment,’ even after investors sent his stock soaring 460%

CEO of viral backflipping robot company says robots are still years from ‘ChatGPT moment,’ even after investors sent his stock soaring 460%

By Marco Quiroz-GutierrezAugust 21, 2026

Eric Schmidt, chief executive officer of Relativity Space and former chief executive officer of Google, during the America Business Forum in Miami, Florida.

Eric Schmidt is reportedly at odds with Google cofounder Sergey Brin over how a $100 million campaign against California’s billionaire tax is spent

By Joshua HongAugust 21, 2026

Donald Trump, standing behind a podium, points in front of him with Scott Bessent standing behind him.

‘Damage from the chaotic tariff regime cannot be refunded’: The $100 billion in refunds have wiped out revenue the import taxes brought in since May

By Sasha RogelbergAugust 21, 2026

The banking lobby’s bad faith campaign to kill the Clarity Act will backfire

The banking lobby’s bad faith campaign to kill the Clarity Act will backfire

By Omid MalekanAugust 21, 2026

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

More LeadershipPage 11 of 100

‘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

C-Suite
Apple’s next CEO helped build its hardware empire. Now he has to find its next breakthrough
By Ruth UmohJuly 27, 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

Nvidia’s Jensen Huang says AI is killing tasks not jobs—and the white-collar bloodbath narrative gets the future of work ‘exactly backwards’

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

Worker in a full cleanroom suit uses a wafer manufacturing tool.

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

Stressed rich Gen Zer looks at laptop

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

Newsletters
StubHub CEO Eric Baker is under scrutiny for enabling mass scalpers on his ticket reselling platform
By Diane BradyJuly 27, 2026

arnault

Bernard Arnault is denying a family rift—and any kind of real-life Succession. LVMH earnings tell a stranger story

By Mia OsmonbekovJuly 28, 2026

BNY skipped the ‘tokenmaxxing’ craze. Here’s what AI metrics it tracks instead

By Sheryl EstradaJuly 28, 2026

kfc

‘He did wear clip-ons’: KFC founder Colonel Sanders’ pressure cooker, bow ties, former home up for auction

By Dylan Lovan and The Associated PressJuly 28, 2026

infantino

FIFA Chief Infantino lashes out at critics ‘consumed by hate and criticism’ who spread ‘hate and false rumors’

By Graham Dunbar and The Associated PressJuly 28, 2026

Head of French multinational corporation LVMH Bernard Arnault (C) and his wife Helene (2R), pose with their children (from L-R) Frederic Arnault, Delphine Arnault, Antoine Arnault and Alexandre Arnault after the ceremony marking Paris' Iconic department store 'La Samaritaine' reopening after 16 years of closure on June 21, 2021 in Paris, France.

Bernard Arnault slams claim his kids are feuding for control of the $142 billion LVMH empire: ‘They burst out laughing … It is the stuff of novels’

By Eleanor PringleJuly 28, 2026

Success
CEO of the top-rated hiring platform says the job market is so bad that candidates are paying $20 to mass apply and driving bosses crazy with spam
By Orianna Rosa RoyleJuly 27, 2026

jiro

You don’t need to be an expert to hire one. You need a tunaman

By Vitaliy KatsenelsonJuly 28, 2026

The Fortune Global 500 gets top-heavy—and more powerful than ever

The Fortune Global 500 gets top-heavy—and more powerful than ever

By Diane BradyJuly 28, 2026

No. 1 on the Fortune Global 500: Amazon’s Jeff Bezos on how his garage startup became the largest company in the world by revenue

No. 1 on the Fortune Global 500: Amazon’s Jeff Bezos on how his garage startup became the largest company in the world by revenue

By Kristin StollerJuly 28, 2026

Can a global car company survive today’s complicated world? Nissan hopes to find out

Can a global car company survive today’s complicated world? Nissan hopes to find out

By Andrew StaplesJuly 28, 2026

How Wistron’s early Nvidia bet made it an unsung winner of the AI boom—and one of the biggest risers on this year’s Global 500

How Wistron’s early Nvidia bet made it an unsung winner of the AI boom—and one of the biggest risers on this year’s Global 500

By Nicholas GordonJuly 28, 2026

Forget your degree: Gen Z say reselling their old clothes on Depop taught them more about business than college—and 85% of hiring managers actually agree

Forget your degree: Gen Z say reselling their old clothes on Depop taught them more about business than college—and 85% of hiring managers actually agree

By Orianna Rosa RoyleJuly 28, 2026

This CEO was bedridden 16 hours a day. She turned her own misdiagnosis into a self-funded, multimillion-dollar thyroid clinic

By Sydney LakeJuly 28, 2026

Man at computer

Advanced AI models are showing signs of laziness. That’s a problem for companies betting big on autonomous agents.

By Beatrice NolanJuly 28, 2026

Photo: Sam Altman

Sam Altman thinks the singularity is already here, but an expert says OpenAI’s Hugging Face breach doesn’t prove it

By Marco Quiroz-GutierrezJuly 27, 2026

Photo of Elon Musk

A Nobel economist challenged Elon Musk to donate his entire $1T fortune by 2036. Musk’s reply: ‘I am actually going to do something along these lines’

By Sydney LakeJuly 27, 2026

Palantir spent $17.2 million flying its CEO Alex Karp around in 2025. It’s part of a private-jet boom sweeping the C-suite

Palantir spent $17.2 million flying its CEO Alex Karp around in 2025. It’s part of a private-jet boom sweeping the C-suite

By Sam Klebanov and Morning BrewJuly 27, 2026

Elon Musk’s vision of a post-money future got mocked. Vinod Khosla warns it could become a dystopia instead

Elon Musk’s vision of a post-money future got mocked. Vinod Khosla warns it could become a dystopia instead

By Nick LichtenbergJuly 27, 2026

Arts & Entertainment

LeBron James joins California’s billionaire exodus, but he may not escape the wealth tax

By Nick LichtenbergJuly 27, 2026

People at dinner table paying the bill

Personal Finance

About half of Gen Z owe their friends more than $1,000, while nearly another half goes into debt to cover group expenses they expect to be repaid

By Catherina GioinoJuly 27, 2026

Cracker Barrel CEO steps down nearly a year after logo change inflamed Trump country

By Dee-Ann Durbin and The Associated PressJuly 27, 2026

Photo of Tobias Lütke

Why did a $154 billion CEO just endorse stripping most Americans of voting rights—and taking us back to the 19th century?

By Nick LichtenbergJuly 27, 2026

Photo of Oprah Winfrey

Oprah Winfrey says ‘Life starts at 44’—and research proves she’s right: The average founder starts their business after 40

By Emma BurleighJuly 27, 2026

Capital One’s MLB partnership is turning fan experiences into long-term customer value

Capital One’s MLB partnership is turning fan experiences into long-term customer value

By Sheryl EstradaJuly 27, 2026

A businessman in busy modern office while employees walk past.

Hybrid work has a $9 million problem. The fix depends on who you ask

By Kristin StollerJuly 27, 2026

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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

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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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