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Corporate America has been draining the world's water. Matt Damon's new campaign calls on Gap, Starbucks, and Amazon to help give it back

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When SpaceX starts trading, some 'shareholders' will discover they own nothing at all

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Current price of oil as of June 12, 2026

1

Corporate America has been draining the world's water. Matt Damon's new campaign calls on Gap, Starbucks, and Amazon to help give it back

2

When SpaceX starts trading, some 'shareholders' will discover they own nothing at all

3

Current price of oil as of June 12, 2026
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Melinda French Gates’ advice to new IPO millionaires: ‘Give half your money away’
Melinda French Gates’ advice to new IPO millionaires: ‘Give half your money away’

SpaceX, OpenAI, and Anthropic IPOs are about to mint a new generation of millionaires and billionaires—who will have to decide what to do with their money.

By Emma HinchliffeJune 13, 2026
Aravind Srinivas wearing glasses
CEO of $20 billion AI firm Perplexity says the secret to success is ‘sleeping with that fear’ that your competitor will steal your idea
By Preston ForeJune 13, 2026
Jamie Dimon says remote work breeds ‘rope-a-dope politics’ and stunts young workers’ growth
Jamie Dimon says remote work breeds ‘rope-a-dope politics’ and stunts young workers’ growth
By Marco Quiroz-GutierrezJune 13, 2026
Raquel Urtasun
The ‘AI superstar’ CEO behind a self-driving truck unicorn on why Gen Z is a better hiring bet than industry veterans
By Preston ForeJune 13, 2026
cyber
Accenture cyber leads: why hiring more people won’t solve the cybersecurity talent gap
By Harpreet Sidhu and Vikram DesaiJune 13, 2026
Gen Z fled San Francisco for Texas and Florida. Now they’re turning ‘welcomer cities’ into the next big tech towns
Gen Z fled San Francisco for Texas and Florida. Now they’re turning ‘welcomer cities’ into the next big tech towns
By Sydney LakeJune 13, 2026
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Future of Work
More in Future of Work
AI can be a ‘secret sauce’ or a way of ‘democratizing mediocrity’—Here’s how business leaders are getting the best of the technology
AI can be a ‘secret sauce’ or a way of ‘democratizing mediocrity’—Here’s how business leaders are getting the best of the technology

AI tools can be the most effective and well-designed in the world, but two people can use the same tool and get to vastly different results.

By Amanda GerutJune 12, 2026
Why companies are treating AI as a strategic partner rather than a passive technology, and how to avoid an ‘AI hangover’

Building operational AI at scale requires more than just raw algorithmic power, business and tech experts said at Fortune Brainstorm Tech.

By Sebastian HerreraJune 12, 2026
AI was supposed to cut health care costs. One of its first jobs was charging you more, PwC report shows

AI is one of five potential drivers of health costs climbing up to 9% in 2027, according to PwC.

By Whizy Kim and Tech BrewJune 12, 2026
Despite his new trillionaire status, Elon Musk says money ‘will stop being relevant’ in the future because of AI

The SpaceX CEO envisions a world where robots serve humans, and the output of goods and services will far exceed the supply of money, creating deflation.

By Sasha RogelbergJune 12, 2026
More in Future of Work
Success
More in Success
Bret Johnsen looks up, smiling, as he claps his hands.
SpaceX CFO Bret Johnsen quietly engineered its historic IPO and became an overnight billionaire

Johnsen, SpaceX’s longest-tenured and only CFO, is now worth about $1.4 billion.

By Sasha RogelbergJune 13, 2026
Upstate New York sticker mogul has a bronze Trump statue, MAGA hip-hop album and a presidential endorsement. The local machine wants the Marine

The fight for Elise Stefanik’s old district is getting revealing in a very Trumpy corner of upstate New York.

By Michael Hill, Anthony Izaguirre and The Associated PressJune 12, 2026
Ex-Disney star Bridgit Mendler reveals she was rejected hundreds of times by Hollywood—but it primed her for her current job as a space start-up CEO

Bridgit Mendler says her success is fueled by a “very high tolerance for risk”—thanks, in part, to her experience as a Disney Channel star.

By Preston ForeJune 12, 2026
Walmart has a message for its 2.1 million workers: AI is going to improve your job, not take it: ‘Technology will power our future’

Walmart is already using AI to design clothes and coordinate trucks—but the $967 billion grocery chain says humans “will lead” the transformation.

By Emma BurleighJune 12, 2026
More in Success
C-Suite
More in C-Suite
Man in a blue shirt gesturing
AOL cofounder Steve Case on AI— major upside, real risk, and ‘probably a net negative’ for jobs

Speaking at Fortune Brainstorm Tech, the internet pioneer described himself as a “huge optimist” about AI’s benefits but warned that the risks are real and predicted the backlash will play out in the 2028 U.S. elections.

By Amanda GerutJune 12, 2026
On the day of a historic IPO, SpaceX’s president is already hinting at a Tesla merger: ‘That might make Elon Musk’s life a little easier’

A combined SpaceX-Tesla could be worth more than $3 trillion.

By Marco Quiroz-GutierrezJune 12, 2026
With SpaceX IPO, Elon Musk is the world’s first trillionaire—but he mostly lives in a tiny home in south Texas. ‘There is no food in the fridge’

SpaceX raised $75 billion on Thursday in the largest IPO ever after offering more than 555 million shares at $135 a piece, valuing the company at over $1.7 trillion.

By Jason MaJune 12, 2026
Elon’s wealth: 1 trillion dollar bills would stretch 97 million miles, to the moon and back over 200x

If $1 trillion was divided among the entire population, each person would receive almost $122.

By Wyatte Grantham-Philips and The Associated PressJune 12, 2026
More in C-Suite
Workplace Culture
More in Workplace Culture
arms
You probably think you’re a really open-minded person, but the real thing raises your death anxiety

To quote the famous Jack Nicholson quote from “A Few Good Men,” you can’t handle the truth.

By Daryl Van Tongeren and The ConversationJune 12, 2026
The real hurdle to enterprise AI isn’t fixing productivity KPIs. It’s ‘unlearning’ old habits, experts say

At Fortune Brainstorm Tech, industry experts discussed why practices like measuring hours saved is the wrong KPI for the AI age.

By Sebastian HerreraJune 11, 2026
Gordon Ritter: I predicted AI’s learning loop a decade ago. The doomers are still measuring the wrong thing

The companies winning aren’t replacing human judgment — they’re capturing it. The ones losing are letting it drain away.

By Gordon RitterJune 11, 2026
Anthropic is worth $965 billion and just hired 1,000 coaches for nonprofits: ‘The fox can’t guard the henhouse’

Anthropic will donate $150 million to create the Claude Corps: “We’re hoping it’s a good idea that can take root and that other people can build on.”

By Glenn Gamboa and The Associated PressJune 11, 2026
More in Workplace Culture
Latest Stories
herrin
CommentaryAmerica just committed $1.2 trillion to fix its infrastructure. We’re still flying blind
By Gregg HerrinJune 13, 2026
t
CommentaryAI is making promises your brand never made. Hotels are paying the price
By Teresa MackintoshJune 13, 2026
Inside the race to rebuild America’s fuel supply chain for a ‘second nuclear age’
EnergyInside the race to rebuild America’s fuel supply chain for a ‘second nuclear age’
By Jordan BlumJune 13, 2026
How Elon Musk rewrote SpaceX’s story—and turned it into the greatest IPO debut in history
InnovationHow Elon Musk rewrote SpaceX’s story—and turned it into the greatest IPO debut in history
By Shawn TullyJune 13, 2026
axel
CommentaryOur budgeted $180 million year ended in the red after the Ukraine war. Here’s how we survived
By Axel SöderbergJune 13, 2026
Anthropic cofounder and CEO Dario Amodei pictured in profile.
AIAnthropic disables Fable and Mythos AI models after U.S. government bars it from giving foreigners access
By Jeremy KahnJune 13, 2026
Courtney Robinson, head of policy and communications, at Akoya speaks on a panel at Fortune Brainstorm Tech 2026.
RetailAI shopping agents are coming. No one is ready for them
By Jeremy KahnJune 12, 2026
‘Buy a ticket for 60 bucks and resell it for $6,000’: NYC Mayor Mamdani criticized FIFA’s resale market, but his jersey drop created the same thing
North America‘Buy a ticket for 60 bucks and resell it for $6,000’: NYC Mayor Mamdani criticized FIFA’s resale market, but his jersey drop created the same thing
By Catherina GioinoJune 12, 2026
More LeadershipPage 65 of 100
The JPMorgan Chase and Co. global headquarters building, center, at 270 Park Avenue in New York, US, on Saturday, Oct. 4, 2025.
Real Estate‘They’re going to have to think and act a lot more like hotels’: The new rules of office space now that the ‘genie is out of the bottle on hybrid’
By Jake AngeloJanuary 15, 2026
  • Warren Buffett on the phone
    SuccessGen X CEO uses AI versions of Steve Jobs and Warren Buffett as a ‘fantasy board of directors’ to help him prepare for meetings and performance reviews
    By Preston ForeJanuary 13, 2026
Worried about AI taking your job? New Anthropic research shows it’s not that simple
NewslettersWorried about AI taking your job? New Anthropic research shows it’s not that simple
By Sharon GoldmanJanuary 15, 2026
Rich young man walking into office
SuccessThe wealthy kids of property-rich U.K. parents get the highest-paying jobs, especially sons—and new research has revealed why
By Emma BurleighJanuary 15, 2026
Andy Reid
SuccessAmerica’s hottest job opening right now is in the NFL—no degree is required, you won’t be fixed to a desk and it pays up to $20 million
By Preston ForeJanuary 15, 2026
Dante Moore reacts to green and white confetti falling on him.
SuccessAn NFL-bound college quarterback just turned down a $50 million payday to stay in school and play another season
By Sasha RogelbergJanuary 15, 2026
The new CEO leading Saks Global through bankruptcy follows a management philosophy of ‘leading with love’
NewslettersThe new CEO leading Saks Global through bankruptcy follows a management philosophy of ‘leading with love’
By Phil WahbaJanuary 15, 2026
  • Photo of MacKenzie Scott
    SuccessMacKenzie Scott is using her $26 billion philanthropy push to rescue organizations in danger after the Trump administration’s funding cuts
    By Sydney LakeJanuary 13, 2026
Photo of a job applicant being interviewed
EconomyDesperate job seekers are abandoning the idea of a ‘dream job’—but an economist warns bosses about what could happen next 
By Jacqueline MunisJanuary 15, 2026
sharma
CommentaryAI will infiltrate the industrial workforce in 2026—let’s apply it to training the next generation, not replacing them
By Kriti SharmaJanuary 15, 2026
Despite a $45 million net worth, Big Bang Theory star Kunal Nayyar still works tough, 16-hour days—he repeats this mantra when he’s overwhelmed
SuccessDespite a $45 million net worth, Big Bang Theory star Kunal Nayyar still works tough, 16-hour days—he repeats this mantra when he’s overwhelmed
By Orianna Rosa RoyleJanuary 15, 2026
The head of marketing at Slate posted on LinkedIn requesting cleaning services as a benefit at her company. The next day, HR answered her call
HealthThe head of marketing at Slate posted on LinkedIn requesting cleaning services as a benefit at her company. The next day, HR answered her call
By Sydney LakeJanuary 15, 2026
Using AI just to reduce costs is a woeful misuse of a transformative technology
CommentaryUsing AI just to reduce costs is a woeful misuse of a transformative technology
By Nigel VazJanuary 15, 2026
  • Jimmy Donaldson, also known as MrBeast
    SuccessDespite his $2.6 billion net worth, MrBeast says he’s having to borrow cash and doesn’t even have enough money in his bank account to buy McDonald’s
    By Emma BurleighJanuary 13, 2026
Can Saks’ new CEO repair the damage done to the luxury retailer by years of being treated as a ‘financial plaything’?
C-SuiteCan Saks’ new CEO repair the damage done to the luxury retailer by years of being treated as a ‘financial plaything’?
By Phil WahbaJanuary 15, 2026
taylor
PoliticsRural America is getting a bailout, but not from Trump—billionaires are riding to the rescue
By Nick LichtenbergJanuary 14, 2026
Gates
PoliticsOne year after Bill Gates surprised with the choice to close his foundation by 2045, he’s cutting staff jobs
By Stephanie Beasley and The Associated PressJanuary 14, 2026
U.S. President Donald Trump (C) walks with Executive chair of Ford Motor Company Bill Ford Jr. (L), and CEO of Ford Motor Company Jim Farley as they tour the Ford River Rouge Complex on January 13, 2026 in Dearborn, Michigan.
Future of WorkTrump hails ‘booming investment’ in Detroit while auto manufacturing jobs have fallen every month since Liberation Day
By Eva RoytburgJanuary 14, 2026
fraser
BankingCitigroup CEO Jane Fraser warns of job cuts and says it’s time to raise the bar in a fiery memo to staff: ‘We are not graded on effort’
By Nick LichtenbergJanuary 14, 2026
McKinsey challenges graduates to master AI tools as it shifts hiring hunt toward liberal arts majors
AIMcKinsey challenges graduates to master AI tools as it shifts hiring hunt toward liberal arts majors
By Jake AngeloJanuary 14, 2026
John Mackey, standing on stage, has his head turned downward with both hands touching his lips.
C-SuiteWhole Foods cofounder says his hardest ever business decision was firing his father from his company board: ‘That was when my mentorship was over’
By Sasha RogelbergJanuary 14, 2026
How Expedia’s CTO is using AI to transform work for 17,000 employees—and travel for millions
NewslettersHow Expedia’s CTO is using AI to transform work for 17,000 employees—and travel for millions
By John KellJanuary 14, 2026
powell
CommentaryForget the K-Shape: We have a barbell economy—and the middle class is buckling under the weight
By Katica RoyJanuary 14, 2026
Jensen Huang
SuccessThe job market is broken, but Nvidia CEO Jensen Huang is ‘fairly confident’ that AI will increase productivity and therefore, hiring—but there’s a catch
By Preston ForeJanuary 14, 2026
Academy Award-winning actress Zoe Saldaña
SuccessZoe Saldaña has been crowned the highest-grossing actor, with a $15.5 billion Hollywood portfolio—beating Scarlett Johansson and Samuel L. Jackson to the top spot
By Emma BurleighJanuary 14, 2026
Leaders are increasingly worried about an economic downturn, inflation, and an asset bubble bust
NewslettersLeaders are increasingly worried about an economic downturn, inflation, and an asset bubble bust
By Diane BradyJanuary 14, 2026
Hubbard
Future of WorkCarhartt CEO says they always focused on blue-collar workers—but hipsters came anyway: ‘We welcome anyone … that wants to celebrate hard work’
By Nick LichtenbergJanuary 13, 2026
A worker in a green jacket operates a welding tool.
EconomyU.S workers just took home their smallest share of capital since 1947, at least
By Sasha RogelbergJanuary 13, 2026
A smartphone displaying the Google Gemini logo.
NewslettersAs ‘agentic commerce’ gains ground, companies shouldn’t put too much faith in ‘GEO,’ one industry insider warns
By Jeremy KahnJanuary 13, 2026
‘Humans could go the way of horses’: Goldman calculated how bad the AI ‘job apocalypse’ will be—and its analysts were pleasantly surprised
AI‘Humans could go the way of horses’: Goldman calculated how bad the AI ‘job apocalypse’ will be—and its analysts were pleasantly surprised
By Jim EdwardsJanuary 13, 2026
micro
Future of Work‘Microshifting,’ an extreme form of hybrid working that breaks work into short, non-continuous blocks, is on the rise
By Nick LichtenbergJanuary 13, 2026
Mark Zuckerberg
Future of WorkMeta is changing its performance review to reward output over effort, taking a page from Amazon and X
By Jake AngeloJanuary 13, 2026
Meet the Nvidia billionaire giving away his wealth—His son’s cancer battle inspired a recent $100 million gift
North AmericaMeet the Nvidia billionaire giving away his wealth—His son’s cancer battle inspired a recent $100 million gift
By Jacqueline MunisJanuary 13, 2026
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Environment
Corporate America has been draining the world's water. Matt Damon's new campaign calls on Gap, Starbucks, and Amazon to help give it backplaceholder alt text
By Catherina GioinoJune 9, 2026
Investing
When SpaceX starts trading, some 'shareholders' will discover they own nothing at allplaceholder alt text
By Jim EdwardsJune 12, 2026
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Current price of oil as of June 12, 2026placeholder alt text
By Joseph HostetlerJune 12, 2026
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