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

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

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Phoebe Gates took a secret Stanford class on how to ‘rule the world’—and reportedly recruited employees for her startup accused of wire fraud

Phoebe Gates took a secret Stanford class on how to ‘rule the world’—and reportedly recruited employees for her startup accused of wire fraud

An off-the-record university course helped Gates recruit for Phia, and former students claim the class taught a ruthless hunger for profit.

By Sarah GlodekAugust 21, 2026

wfh

AI will not give you Fridays off

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

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

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

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

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 enterprise complexity. Rewiring 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

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

BackBlack is betting that thousands of small donations can help underfunded Black-led nonprofits rely less on wealthy benefactors.

By James Pollard and The Associated PressAugust 21, 2026

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

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

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

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

A trader trading crypto on their phone.

Bitcoin soars to nearly $80,000—but crypto’s new favorite coin, Hyperliquid, is stealing its thunder

By Camila Grigera NaónAugust 21, 2026

Jeff Bezos and Lauren Sánchez at the Dior fashion show as part of Haute Couture Spring/Summer 2026 held at the Musée Rodin.

Membership into Miami’s most exclusive club is something money can’t buy—and Jeff Bezos is among those standing outside, looking in

By Joshua HongAugust 21, 2026

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

More LeadershipPage 22 of 100

How foodservice giant Sodexo is embracing AI and robotics to reshape the kitchen

How foodservice giant Sodexo is embracing AI and robotics to reshape the kitchen

By John KellJuly 1, 2026

Economy
Fed’s Barkin warns of high inflation, but sees signs of relief
By Catarina Saraiva and BloombergJune 28, 2026

U.S. Polo Assn. CEO J. Michael Prince

U.S. Polo Assn. CEO was flat-out told he wasn’t right for a promotion—so he ‘outworked’ anyone else who wanted the job for 6 months straight until they changed their mind

By Orianna Rosa RoyleJuly 1, 2026

Nikesh Arora, chief executive officer at Palo Alto Networks

CEO of $248 billion cybersecurity company says workers are about to face a ‘Darwinian moment’ thanks to AI: Evolve or get cut

By Emma BurleighJuly 1, 2026

DHL plane being refuelled at airport by man in high-vis jacket

The Iran conflict saw jet fuel prices soar—when you use 1.88 million tonnes a year, how you respond really matters (just ask DHL)

By Sam ForsdickJuly 1, 2026

I know how Gen Z can survive the ‘jobpocalypse’ because I built an AI company — in 2015

I know how Gen Z can survive the ‘jobpocalypse’ because I built an AI company — in 2015

By Jeremy FainJuly 1, 2026

America needs 3.8 million manufacturing workers. This CEO has a blueprint to find them

By Mark RayfieldJuly 1, 2026

Commentary
This CEO became 3x more productive with AI. Then she read what her daughter wrote about it at Dartmouth
By Maria Colacurcio and Sofia FreiJune 28, 2026

Photo: Rocks balancing on driftwood, sea in background.

Leveraged stock bets are ‘very concentrated in the AI ecosystem,’ Goldman Sachs warns

By Jim EdwardsJuly 1, 2026

The Supreme Court’s birthright citizenship ruling hands the U.S. economy a $7.7 trillion win

The Supreme Court’s birthright citizenship ruling hands the U.S. economy a $7.7 trillion win

By Diane BradyJuly 1, 2026

As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunch

As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunch

By Marco Quiroz-GutierrezJuly 1, 2026

Nike’s earning numbers exceeded Wall Street’s expectations. But CEO Elliott Hill’s next test is the World Cup

Nike’s earning numbers exceeded Wall Street’s expectations. But CEO Elliott Hill’s next test is the World Cup

By Mia OsmonbekovJune 30, 2026

Young worker at desk

Remote-first fintech giant Revolut is making the office compulsory for new Gen Z grads—and they’ll earn flexibility like their peers after one year

By Emma BurleighJune 30, 2026

Success
This entrepreneurial couple cashed out their 401(k)s and sold a $126 million company—now they run a U.K. soccer team
By Emma BurleighJune 28, 2026

Henry Kravis

KKR cofounder once impressed Roy Disney with a habit most analysts skipped—it turned a 1-hour meeting into all-day mentorship: ‘I thought I’d died and gone to heaven’

By Preston ForeJune 30, 2026

Bill Gates (left) and Warren Buffett

Warren Buffett breaks from a ‘lifetime’ pledge to the Gates Foundation as the Epstein fallout deepens

By Sydney LakeJune 30, 2026

kean

New Jersey Republican to reappear in Congress after unexplained 4-month absence

By Mike Catalini and The Associated PressJune 30, 2026

swiss

It’s so hot in Switzerland that yodelers are standing in fountains

By Jez Fielder and The Associated PressJune 30, 2026

I grew BDO from $600 million to $3.4 billion. Here’s the 3-part formula that made it possible

By Wayne BersonJune 30, 2026

Jamie Dimon isn’t giving up the top job. That’s turned JPMorgan into a poaching ground for CEO talent

Jamie Dimon isn’t giving up the top job. That’s turned JPMorgan into a poaching ground for CEO talent

By Ruth UmohJune 30, 2026

mcmaster

Boston Dynamics CEO: America’s next 250 years will be built by robots. Here’s what’s standing in the way

By Amanda McMasterJune 30, 2026

Why Rivian CEO RJ Scaringe wants his EV company to be compared to Apple, not Tesla

Why Rivian CEO RJ Scaringe wants his EV company to be compared to Apple, not Tesla

By Diane BradyJune 30, 2026

Brown University Professor Roberto Serrano, a man in a suit holding onto a gold trophy--the King Of Spain Economy Award"-- before Spain's King Felipe and a painted wall.

‘Humanity has chosen to become idiots’: This Brown professor switched to take-home exams after a mass shooting and discovered mass cheating

By Catherina GioinoJune 29, 2026

paralegal

The most reassuring argument about AI and jobs quietly explains why Gen Z can’t get one

By Nick LichtenbergJune 29, 2026

Photo of Jim Farley

Ford on why it hired 350 ‘gray beard’ engineers: you need their mentorship for younger workers — and to drive huge AI productivity gains

By Sasha RogelbergJune 29, 2026

‘Cop on your wrist’: Wearables offer tons of data, but people are still going to sleep to Netflix and TikTok

‘Cop on your wrist’: Wearables offer tons of data, but people are still going to sleep to Netflix and TikTok

By Amanda GerutJune 29, 2026

Target worker stocks shelves

Target is starting to track employees’ unexcused lateness and absences with a points system—and if they rack up 12, they’re fired

By Emma BurleighJune 29, 2026

MacKenzie Scott (left); Elon Musk (right)

Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: ‘Sadly,’ it makes the world a worse place

By Sydney LakeJune 29, 2026

Dave Portnoy

Dave Portnoy quit an $80K sales job to start Barstool—he hand-delivered papers in a secondhand van while living with his girlfriend’s mom for 6 years

By Preston ForeJune 29, 2026

Coworkers watching World Cup at a bar

How smart employers are turning the World Cup into a workplace win

By Emma BurleighJune 29, 2026

Ray Dalio attends the Fortune Global Forum Riyadh 2025 on October 27, 2025 in Riyadh, Saudi Arabia.

Ray Dalio was a ‘below average’ student who got into investing by caddying for Wall Street traders: Now he hires talent who have experienced hardship

By Eleanor PringleJune 29, 2026

As JPMorgan’s CEO race heats up, the case for a two-person succession contest is put to the test

As JPMorgan’s CEO race heats up, the case for a two-person succession contest is put to the test

By Ruth UmohJune 29, 2026

CEOs have forgotten the moderate playbook. The stakes for relearning it have never been higher

CEOs have forgotten the moderate playbook. The stakes for relearning it have never been higher

By Diane BradyJune 29, 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

Scott Bessent on the national debt: 'There's nothing magic about the $40 trillion number'

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By Nick LichtenbergAugust 20, 2026

Personal Finance

Current price of oil as of August 20, 2026

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By Joseph HostetlerAugust 20, 2026

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