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FedEx CEO says we are in the middle of the biggest supply chain shift he’s seen in 35 years: ‘We are the referendum’

2

U.S. companies have finally gotten $71 billion in tariff refunds, but they’re using it to offset inflation caused by the Iran war

3

Buffett says AI giants are ‘playing a game they don’t want to play’ in the AI race, reveals he was behind Berkshire’s $31 billion bet on Google

1

FedEx CEO says we are in the middle of the biggest supply chain shift he’s seen in 35 years: ‘We are the referendum’

2

U.S. companies have finally gotten $71 billion in tariff refunds, but they’re using it to offset inflation caused by the Iran war

3

Buffett says AI giants are ‘playing a game they don’t want to play’ in the AI race, reveals he was behind Berkshire’s $31 billion bet on Google
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Xi offers AI olive branch to the world, calling for ‘symphony of global cooperation’

“The development of artificial intelligence should not be a solo performance by any single country,” the Chinese president said at an event in in Shanghai.

By Han Guan Ng, Chan Ho-Him and The Associated PressJuly 17, 2026
white house
Broadcast networks wrestle with whether to air Trump’s conspiracy theories or get sanctioned for dropping him
By Jocelyn Noveck and The Associated PressJuly 17, 2026
ice
ICE officer in fatal Maine shooting had history of mental health crises, Congress learns in ‘bombshell’ report
By Lisa Mascaro and The Associated PressJuly 17, 2026
trump
White House insists it has ‘extremely strict ethical guidelines’ as teleprompter op goes on unpaid leave over $100,000 insider trading allegations
By Bill Barrow and The Associated PressJuly 17, 2026
t
Trump is selling millisecond access to his Truth Social blasts — and traders are already lining up
By Bernard Condon and The Associated PressJuly 17, 2026
Suno Ai on a phone screen with Warner Music Group's logo in the background.
The VC betting $5.4 billion that Suno’s copyright wars won’t matter
By Lily Mae LazarusJuly 17, 2026
Law
More in Law
How Apollo-owned Michaels turned two rivals’ bankruptcies into a growth strategy
How Apollo-owned Michaels turned two rivals’ bankruptcies into a growth strategy

The arts and crafts retailer leaning on party supplies and fabric to end years of stagnation.

By Phil WahbaJuly 17, 2026
Kevin O’Leary claimed opposition to his Utah data center was fueled by Chinese money. Now he and Fox News are being sued for defamation

Two organizations targeted by O’Leary say his comments caused “significant economic losses, severe emotional distress, and ongoing threats to their physical safety.”

By Marco Quiroz-GutierrezJuly 17, 2026
Epstein survivors say Todd Blanche ignored them. Now one Republican senator is making him listen

As Trump’s AG nominee apologizes for redaction errors that left nude photos and names of accusers exposed, Thom Tillis is dangling his decisive vote.

By Alanna Durkin Richer, Joey Cappelletti and The Associated PressJuly 16, 2026
‘We absolutely screwed up’: JD Vance blames Pam Bondi for the Trump administration’s miscommunication around the Epstein files

The vice president went on Joe Rogan’s podcast on Wednesday and said the former DOJ head “overstated” what was in the Epstein files.

By The Associated Press and Seung Min KimJuly 16, 2026
More in Law
Politics
More in Politics
t
Tariff Man’s money machine broke. Now he’s trying to fix it with a forced‑labor crusade

After the Supreme Court killed his emergency‑powers import taxes and forced massive refunds, Trump is racing to meet a July 24 deadline.

By Paul Wiseman and The Associated PressJuly 16, 2026
Europe optimized its supply chains for cost. Now it must pay for resilience  

Richard Saynor, CEO of Fortune 500 Europe company, Sandoz Group, and manufacturer of generic medicines, argues resilience requires investment that markets often fail to reward

By Richard SaynorJuly 16, 2026
Meta Oversight Board study: AI chatbots may be the most perfect propaganda machine ever invented

The study found bots even answer differently based on language too — ChatGPT calls China “not a democracy” in English, but hedges in Chinese.

By Didi Tang and The Associated PressJuly 16, 2026
Trump insists ‘Iran is unhappy right now’ while venting about ‘electric catapults that don’t work’ at defense tech summit

After a long aside about the use of magnets to improve catapults on vessels, Trump finally offered, “I hope I’m not boring anybody.”

By Will Weissert, Sagar Meghani and The Associated PressJuly 16, 2026
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Fortune 500 Power Moves: Which executives gained and lost power this week
C-Suite
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cc
Arts & Entertainment
Adam Silver: It’s ‘incredibly unfair’ Caitlin Clark has become a ‘political football’
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tb
North America
Lettuce from Mexico sold at Taco Bells in 5 states identified as source of diarrhea-causing parasite
By Bill Barrow, Mike Stobbe and The Associated PressJuly 17, 2026
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Americans hurt in Kuwait as Trump sends mixed signals on war
Politics
Americans hurt in Kuwait as Trump sends mixed signals on war
By Kate Sullivan, Michelle Jamrisko, Gerry Doyle and BloombergMay 30, 2026
U.S. says deals with Iran for safe Hormuz transit are prohibited
Politics
U.S. says deals with Iran for safe Hormuz transit are prohibited
By Jack Wittels and BloombergMay 30, 2026
Trump’s ICE surge cost 668,000 jobs, Brookings report says
Politics
Trump’s ICE surge cost 668,000 jobs, Brookings report says
By Michael Sasso and BloombergMay 30, 2026
ts
Cybersecurity
Taylor Swift just exposed a blind spot in AI law — and it’s bigger than copyright
By Daryl Lim and The ConversationMay 30, 2026
p
AI
Two popes, two industrial revolutions — and one warning for Big AI
By Nathan Schneider and The ConversationMay 30, 2026
pope
Commentary
The Pope and Anthropic agree: AI Companies cannot govern this alone
By Shlomit WagmanMay 30, 2026
Russia warns war costs are ravaging its finances while Ukrainian ‘drone overmatch’ sends Putin’s forces reeling in new phase of combat
Politics
Russia warns war costs are ravaging its finances while Ukrainian ‘drone overmatch’ sends Putin’s forces reeling in new phase of combat
By Jason MaMay 29, 2026
A Union Pacific freight train in Hutto, Texas.
Politics
Trump floated the idea of a 15% government stake in a massive railroad merger
By Jordan Blum and Alyson ShontellMay 29, 2026
Mid adult real estate agent talking to couple at a house for sale
Real Estate
Pandemic relief funds accidentally broke the housing market by helping scammers inflate local home prices nearly 6%, study finds
By Tristan BoveMay 29, 2026
donald trump
Economy
Immigration restrictions don’t boost native workers. They cut economic mobility for generations, study finds
By Jake AngeloMay 29, 2026
whitmer
MPW
Gretchen Whitmer said she wasn’t running for president. That lasted until lunch
By Joey Cappelletti and The Associated PressMay 29, 2026
dewine
North America
Ohio calls time on data-center tax break after cost balloons to $1.5 billion, 11x the initial estimate
By Marc Levy and The Associated PressMay 29, 2026
Former Miami Heat guard Terry Rozier indicted on new bribery charges alleging he left games early to help gamblers cash in on more than $250,00
Law
Former Miami Heat guard Terry Rozier indicted on new bribery charges alleging he left games early to help gamblers cash in on more than $250,00
By Rebecca Boone and The Associated PressMay 29, 2026
Los Angeles Mayor Karen Bass seeks reelection following term mired with wildfire and homelessness: ‘I haven’t always got it right’
North America
Los Angeles Mayor Karen Bass seeks reelection following term mired with wildfire and homelessness: ‘I haven’t always got it right’
By The Associated Press and MIchael R. BloodMay 29, 2026
Bonta stands at podium and gestures with one hand.
Cybersecurity
California sues 23andMe over alleged ‘lax’ data security that failed to protect nearly 7 million users’ data in 2023 breach
By Jaimie Ding and The Associated PressMay 29, 2026
Trump may be a lame duck even before the midterms—he primaried all the senators whose votes he needs
Politics
Trump may be a lame duck even before the midterms—he primaried all the senators whose votes he needs
By Kevin Freking and The Associated PressMay 29, 2026
Prosecutors issue Google insider trading charges after an employee made more than $1.2 million on Polymarket
North America
Prosecutors issue Google insider trading charges after an employee made more than $1.2 million on Polymarket
By Wyatte Grantham-Philips and The Associated PressMay 29, 2026
‘Boy, what a team,’ says Trump as Queens native scores an invite to see the New York Knicks in the NBA finals
Arts & Entertainment
‘Boy, what a team,’ says Trump as Queens native scores an invite to see the New York Knicks in the NBA finals
By The Associated PressMay 29, 2026
jill
MPW
Jill Biden on that debate performance: ‘Is he short-circuiting? Is this a stroke?’
By Darlene Superville and The Associated PressMay 29, 2026
fcc
Law
Disney is calling Trump’s FCC ‘unconstitutional.’ It paid him $15 million 2 years ago
By Steven Sloan and The Associated PressMay 29, 2026
t
Commentary
Girls Who Code CEO: 70% of teen girls want to work in cybersecurity. We’re losing them before they start
By Tarika BarrettMay 29, 2026
MLB owners propose a salary cap for the first time since the 1994 strike that cancelled the World Series
North America
MLB owners propose a salary cap for the first time since the 1994 strike that cancelled the World Series
By Ronald Blum and The Associated PressMay 29, 2026
scott
North America
Scott Bessent confirms a $250 bill with Trump on it has a prepared design
By Bill Barrow and The Associated PressMay 29, 2026
Kenya suspends a U.S. plan to create a quarantine facility for Americans exposed to ebola
Law
Kenya suspends a U.S. plan to create a quarantine facility for Americans exposed to ebola
By Evelyne Musambi and The Associated PressMay 29, 2026
Lucas gestures while sitting.
Law
The EEOC chair knows gutting diversity reporting will blind the agency to discrimination. She’s doing it anyway.
By Jacqueline MunisMay 28, 2026
A Google engineer is facing federal charges after allegedly using his employer’s confidential data to pocket $1.2 million on Polymarket
Investing
A Google engineer is facing federal charges after allegedly using his employer’s confidential data to pocket $1.2 million on Polymarket
By Marco Quiroz-GutierrezMay 28, 2026
lee
Commentary
Texas Stock Exchange CEO: exchanges can build on Exxon’s retail model to rein in proxy advisors
By James H. LeeMay 28, 2026
t
Politics
Trump’s numbers are sinking. He’s dragging his party down there with him
By Bill Barrow, Steve Peoples and The Associated PressMay 28, 2026
Australia sues 3M for more than $1.4 billion over alleged ‘forever chemical’ contamination
Law
Australia sues 3M for more than $1.4 billion over alleged ‘forever chemical’ contamination
By The Associated Press and Rod McGuirkMay 28, 2026
l
Politics
37 million Brazilians still work Saturdays. A constitutional change is pending
By Mauricio Savarese and The Associated PressMay 28, 2026
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C-Suite
FedEx CEO says we are in the middle of the biggest supply chain shift he’s seen in 35 years: ‘We are the referendum’placeholder alt text
By Fortune EditorsJuly 15, 2026
Economy
U.S. companies have finally gotten $71 billion in tariff refunds, but they’re using it to offset inflation caused by the Iran warplaceholder alt text
By Sasha RogelbergJuly 17, 2026
Big Tech
Buffett says AI giants are ‘playing a game they don’t want to play’ in the AI race, reveals he was behind Berkshire’s $31 billion bet on Googleplaceholder alt text
By Mia OsmonbekovJuly 16, 2026
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