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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

Where Bumble’s ex-CEO is going next and other female exec moves to know

Where Bumble’s ex-CEO is going next and other female exec moves to know

By Emma HinchliffeAugust 21, 2026

‘Take time in quiet’: Melinda French Gates says to spend at least 10 minutes a day on self-care

‘Take time in quiet’: Melinda French Gates says to spend at least 10 minutes a day on self-care

By Sarah GlodekAugust 21, 2026

Scott Bessent is ‘playing with fire’ as the Treasury’s debt buyback risks putting the dollar in a devaluation spiral like the yen, economist warns

Scott Bessent is ‘playing with fire’ as the Treasury’s debt buyback risks putting the dollar in a devaluation spiral like the yen, economist warns

By Jason MaAugust 21, 2026

flight

‘Adding insult to injury’: Flight attendants accuse Google of creepy deal to access ‘confidential’ data for AI in Spirit Airlines transaction

By Joshua HongAugust 21, 2026

US President Donald Trump delivers remarks during a meeting with cryptocurrency executives in the Roosevelt Room of the White House.

Trump admits tariffs are a tax on America’s love for hamburgers and allows 300,000 metric tons of ground beef imports at ‘below current market prices’

By Joshua HongAugust 21, 2026

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

More LeadershipPage 15 of 100

Bolt CEO Ryan Breslow

The CEO who fired HR was right. About the wrong thing.

By KeyAnna SchmiedlJuly 21, 2026

Success
Billionaires like Ken Griffin are moving to Miami—but middle-class earners can’t copy them and reap the same benefits, real estate experts say
By Emma BurleighJuly 19, 2026

Jersey Mike's Subs restaurant.

Jersey Mike’s tests how far investors will stretch on restaurant IPO valuations

By Sheryl EstradaJuly 21, 2026

Jamie Dimon, chief executive officer of JPMorgan Chase & Co.

Jamie Dimon won’t put more of his own money into the long end of the bond market right now—thanks to the $39 trillion national debt

By Eleanor PringleJuly 21, 2026

ford

Alliance for America’s Skilled Trades: Skilled trades shaped America’s past. Here’s how they can build America’s future

By Jim Farley, Linda Hubbard, Bayo Ogunlesi and Ruth PoratJuly 21, 2026

chad

Exclusive: KPMG and OpenAI bet the future of software is ‘headless’ — and the future of work is mostly talking

By Nick LichtenbergJuly 21, 2026

United Airlines’ growth strategy is all about selling customers a better version of what they already buy

United Airlines’ growth strategy is all about selling customers a better version of what they already buy

By Phil WahbaJuly 21, 2026

Commentary
Gen X built their whole identity on never needing help. Retirement is the one door they can’t unlock alone
By Jeanne ThompsonJuly 19, 2026

$5 billion CEO says unemployed Gen Z should be out 3 days a week building their network: ‘Sometimes those jobs you want, they’re never published’

$5 billion CEO says unemployed Gen Z should be out 3 days a week building their network: ‘Sometimes those jobs you want, they’re never published’

By Orianna Rosa RoyleJuly 21, 2026

Three women chop their way into the record books at Lumberjack World Championships

Three women chop their way into the record books at Lumberjack World Championships

By The Associated Press and Ellen SchmidtJuly 20, 2026

LaLiga president says tech is already making the fan experience better, and it could solve football’s money problem too

LaLiga president says tech is already making the fan experience better, and it could solve football’s money problem too

By Catherina GioinoJuly 20, 2026

FIFA President Gianni Infantino puts up a hand to show a thumbs up gesture at a World Cup game.

FIFA President Infantino spent over 100 hours in the air during the 2026 World Cup amid pledge to reduce carbon emissions

By The Associated Press and Rio YamatJuly 20, 2026

Mark Cuban, in front of a purple background, has his mouth open and is looking to his left.

Mark Cuban says he has the solution to growing income inequality, and it’s to reward every employee—from CEO to janitor—with company stock

By Sasha RogelbergJuly 20, 2026

Commentary
Ginsburg and Biden’s blind spot: when leaders don’t know when to leave
By Michael SonnenfeldtJuly 19, 2026

Ferran Torres

Spain’s Ferran Torres scored the winning goal in the World Cup—but just four years ago, he was in therapy and stuck in a ‘bottomless pit’

By Emma BurleighJuly 20, 2026

Christopher Nolan wearing a black suit

Christopher Nolan was rejected from film school as a teen. Today, the Oscar-winning director behind ‘The Odyssey’ is worth $250 million

By Preston ForeJuly 20, 2026

Volvo car CEO pushes back on Navarro’s ‘Pirate’ China comments

Volvo car CEO pushes back on Navarro’s ‘Pirate’ China comments

By Rafaela Lindeberg and BloombergJuly 20, 2026

‘I want to die broke’: Billionaire philanthropist Denny Sanford dies after giving away $4 billion

‘I want to die broke’: Billionaire philanthropist Denny Sanford dies after giving away $4 billion

By Sydney LakeJuly 20, 2026

debt

Personal Finance

Meet a 40-year-old who filed for bankruptcy in 2022 but still can’t erase $94,000 in student-loan debt: ‘you’re just lost in the system somewhere’

By Heather Hollingsworth, Nicky Forster and The Associated PressJuly 20, 2026

Artificial Intelligence technology and futuristic technology transformation

How CFOs can tell if AI is actually creating value

By Sheryl EstradaJuly 20, 2026

andy

Andy Burnham accuses UK of taking wrong turns since the 1980s in first speech as Prime Minister outside 10 Downing Street

By Jill Lawless and The Associated PressJuly 20, 2026

Middle aged businesswoman talking during a meeting

HR has a credibility problem—and it starts with not speaking the language of finance

By Kristin StollerJuly 20, 2026

C-suite promotions now come with three or more jobs

C-suite promotions now come with three or more jobs

By Ruth UmohJuly 20, 2026

ryan

I’ve interviewed 700 leaders. The ones outsourcing their thinking to AI lose their best people first

By Ryan HawkJuly 20, 2026

Nestlé KitKat Original chocolate bars

How Nestlé turned a chocolate heist into a masterclass in brand building

By Sam BirchallJuly 20, 2026

Jeremy Allaire speaks on stage at conference.

Agentic commerce is coming—and the battle to build its infrastructure is on

By Diane BradyJuly 20, 2026

Warren Buffett says his $147 billion investing career was an accident: ‘I may be one of the 10 luckiest in the world’

Warren Buffett says his $147 billion investing career was an accident: ‘I may be one of the 10 luckiest in the world’

By Sarah GlodekJuly 20, 2026

Backed by Daymond John and Post Malone, this Afghan-born founder built a $150M brand. Her real mission: the women back home

By Sydney LakeJuly 20, 2026

bang

The people sewing your clothes can’t see the stitches clearly — a $10 pair of glasses could unlock $27 billion in gains

By Al Emrun Garjon, Julhas Alam and The Associated PressJuly 19, 2026

haley

Ask her about why AIPAC spent $30 million on her Michigan Senate campaign and she’ll talk for 800 words about anything else

By Joey Cappelletti and The Associated PressJuly 19, 2026

Andrew McAfee

MIT AI expert warns automating Gen Z entry-level jobs could backfire—and cost companies their future workforce

By Preston ForeJuly 19, 2026

America’s math and reading scores tanked after schools ditched textbooks for screens—and AI could worsen the brain rot

America’s math and reading scores tanked after schools ditched textbooks for screens—and AI could worsen the brain rot

By Sasha RogelbergJuly 19, 2026

Fortune Archives: The donut that conquered America

Fortune Archives: The donut that conquered America

By Indrani SenJuly 19, 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

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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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