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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 16 of 100

Real estate agent shows middle class home

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

Arts & Entertainment
‘I took my fat behind off the coach and tried something new!’: George Santos lands starring role on Fox reality show
By Anthony Izaguirre and The Associated PressJuly 16, 2026

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

biden

Ginsburg and Biden’s blind spot: when leaders don’t know when to leave

By Michael SonnenfeldtJuly 19, 2026

How United’s ‘premiumization’ strategy got passengers to swallow higher airfares without a fight

How United’s ‘premiumization’ strategy got passengers to swallow higher airfares without a fight

By Phil WahbaJuly 19, 2026

Red Lobster CEO Damola Adamolekun on stage siting on a couch

Red Lobster’s 37-year-old CEO waited tables before joining the C-suite—he says it was a crash course in managing ‘difficult people and situations’

By Preston ForeJuly 19, 2026

‘Dr. Doom’ Nouriel Roubini says we’re headed for universal basic income or ‘some form of socialism’ as AI revolutionizes work—He calls that optimistic

‘Dr. Doom’ Nouriel Roubini says we’re headed for universal basic income or ‘some form of socialism’ as AI revolutionizes work—He calls that optimistic

By Jason MaJuly 18, 2026

Commentary
Genesys CEO: We can see firsthand how AI is changing — not replacing — work
By Tony BatesJuly 16, 2026

dna

‘My mind was just completely blown’: 2 families sue hospital after DNA proves their kids were switched at birth 38 years ago

By Mikella Schuettler, Thomas Peipert, Gene Johnson and The Associated PressJuly 18, 2026

Photo of David Solomon

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

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.

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

Svenja Gudell, Chief Economist, Indeed

Indeed chief economist: Aging Baby Boomers are America’s real labor problem, not AI

By Svenja GudellJuly 18, 2026

Commentary
The legend of Cape Verde: How an island of half a million built the best team at the World Cup
By André MartinJuly 16, 2026

Jensen Huang’s signature black leather jacket just sold at Sotheby’s for nearly $1 million—and the money is going to young tech builders

Jensen Huang’s signature black leather jacket just sold at Sotheby’s for nearly $1 million—and the money is going to young tech builders

By Sydney LakeJuly 17, 2026

Sarah Friar, CFO of OpenAI

OpenAI’s CFO: 4 questions that reveal if your AI spend is paying off

By Sheryl EstradaJuly 17, 2026

Raj Subramaniam, CEO of FedEx

FedEx’s CEO landed his first job by taking a roommate’s abandoned interview. Now he’s running a $75 billion shipping giant

By Emma BurleighJuly 17, 2026

monks

Meet the Texas monk with no phone, no account —and millions of followers online

By Deepa Bharath and The Associated PressJuly 17, 2026

Alex Karp gestures

With a $15 billion net worth, Palantir CEO Alex Karp predicts he will get 20x richer from AI—but that middle-class workers will get just modest raises

By Preston ForeJuly 17, 2026

Fortune 500 Power Moves: Which executives gained and lost power, July 11–17, 2026

Fortune 500 Power Moves: Which executives gained and lost power, July 11–17, 2026

By Fortune EditorsJuly 17, 2026

Esther Perel speaks on stage during a panel discussion at SXSW in London.

Workplace Culture

Esther Perel has a warning for executives: your workforce is suffering from social atrophy and AI is making it worse

By Sam BirchallJuly 17, 2026

shelton

Former Obama official on AI anxiety and the depression nobody remembers — and the training model that gives him hope

By Jim SheltonJuly 17, 2026

Warren Buffett, chairman and chief executive officer of Berkshire Hathaway Inc., speaks at the Goldman Sachs 10,000 Small Businesses Summit in Washington, D.C., U.S., on Tuesday, Feb. 13, 2018.

Even before he was wealthy, Warren Buffett planned to give away all his money—now he doesn’t check on his children’s charities to see how they use it

By Eleanor PringleJuly 17, 2026

American workers are retreating into silos. CEOs can bridge the gap

American workers are retreating into silos. CEOs can bridge the gap

By Diane BradyJuly 17, 2026

Live events are the new luxury status symbol—this company has made $60 million this year throwing parties for the ‘World Cup elite’ and more

Arts & Entertainment

Live events are the new luxury status symbol—this company has made $60 million this year throwing parties for the ‘World Cup elite’ and more

By Sydney LakeJuly 17, 2026

Airbnb CEO Brian Chesky’s X account was hijacked in an AI slop hack pushing crypto tokenization

Airbnb CEO Brian Chesky’s X account was hijacked in an AI slop hack pushing crypto tokenization

By Rachel VentrescaJuly 16, 2026

Jeff Bezos’ Blue Origin is boosting employee pay to compete with SpaceX—but an advisor warns of ‘golden handcuffs’

Personal Finance

Jeff Bezos’ Blue Origin is boosting employee pay to compete with SpaceX—but an advisor warns of ‘golden handcuffs’

By Sydney LakeJuly 16, 2026

scam

‘I want to cry, I want to vomit’: Meet a 43-year-old who lost $90,000 to an online boyfriend she never met

By Juliet Linderman and The Associated PressJuly 16, 2026

The $500 million LeBron James sweepstakes: 5 cities race for the right to boost their economy with the chosen one

By Joshua HongJuly 16, 2026

Lamine Yamal #19 of Spain

Lamine Yamal is the third-youngest World Cup finalist—and he was scouted from his working-class neighborhood at just 6 years old

By Emma BurleighJuly 16, 2026

Jamie Dimon surrounded by construction workers.

JPMorgan CEO Jamie Dimon says 300,000 workers are needed to rebuild American shipbuilding—with jobs paying $100,000 without a college degree

By Preston ForeJuly 16, 2026

school

84% of students use AI for homework. Only 3 in 10 schools have rules for it

By Brett DeJager and The ConversationJuly 16, 2026

Morgan Stanley headquarters building in New York City.

Morgan Stanley is riding high on the IPO boom with 70% of the top 100 unicorns in its pipeline, CFO says

By Sheryl EstradaJuly 16, 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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