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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 is the future of music
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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Spain's national team players stand on the left while Argentina's national players stand on the right.
Crypto
World Cup final is already the biggest ever prediction market as Kalshi bets top $1.27 billion—with Spain favored to beat Argentina
By Camila Grigera NaónJuly 17, 2026
The AI boom is increasingly built on debt, but investor demand is plunging just as hyperscalers ramp up their bond blitz
AI
The AI boom is increasingly built on debt, but investor demand is plunging just as hyperscalers ramp up their bond blitz
By Jason MaJuly 17, 2026
koch
Retail
‘What a wonderful group of people’: Sam Adams beer founder said the Scots were consuming one every 12 seconds at their World Cup peak
By Dee-Ann Durbin and The Associated PressJuly 17, 2026
heat
Environment
Europe’s lack of preparation for the brutal heat wave this year killed an extra 10,000 people, records show
By The Associated Press and Nick LichtenbergJuly 17, 2026
dna
North America
How a Californian DNA lab solved the oldest John Doe in American history
By Allen Breed and The Associated PressJuly 17, 2026
monks
Success
Meet the Texas monk with no phone, no account —and millions of followers online
By Deepa Bharath and The Associated PressJuly 17, 2026
phila
Environment
‘We shouldn’t be playing the game’: athletes sound off as smoke chokes U.S. sports
By The Associated PressJuly 17, 2026
Alex Karp gestures
Success
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
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TSA says PreCheck is still operational, right after DHS head Kristi Noem said it was suspended due to government shutdown
Politics
TSA says PreCheck is still operational, right after DHS head Kristi Noem said it was suspended due to government shutdown
By Ali Swenson and The Associated PressFebruary 22, 2026
Hoping for a tariff refund? Trump officials say they are waiting for lower courts to provide instructions. ‘They created the situation’
Law
Hoping for a tariff refund? Trump officials say they are waiting for lower courts to provide instructions. ‘They created the situation’
By Jason MaFebruary 22, 2026
Top EU lawmaker proposes pause on U.S. trade deal ratification, citing ‘pure tariff chaos’ from Trump administration
Economy
Top EU lawmaker proposes pause on U.S. trade deal ratification, citing ‘pure tariff chaos’ from Trump administration
By The Associated PressFebruary 22, 2026
A man with a shotgun and gas can was shot and killed after entering secure perimeter of Mar-a-Lago while Trump was at the White House
North America
A man with a shotgun and gas can was shot and killed after entering secure perimeter of Mar-a-Lago while Trump was at the White House
By Michelle L. Price and The Associated PressFebruary 22, 2026
daron acemoglu
AI
The Nobel laureate who cowrote ‘Why Nations Fail’ warns U.S. democracy won’t survive unless these two things change
By Jake AngeloFebruary 22, 2026
Fortune Archives: Amazon on top
Newsletters
Fortune Archives: Amazon on top
By Indrani SenFebruary 22, 2026
DOJ probes Netflix’s power over filmmakers in Warner deal review
Law
DOJ probes Netflix’s power over filmmakers in Warner deal review
By Josh Sisco and BloombergFebruary 21, 2026
JPMorgan admits for the first time it closed Trump’s accounts after the Jan. 6 attack as lender fights his $5 billion ‘debanking’ lawsuit
Banking
JPMorgan admits for the first time it closed Trump’s accounts after the Jan. 6 attack as lender fights his $5 billion ‘debanking’ lawsuit
By Ken Sweet and The Associated PressFebruary 21, 2026
Trump’s sudden decision to hike his new tariff rate to 15% is ‘something of an eff you’ to the U.K., which thought it had a better deal for 10%
Economy
Trump’s sudden decision to hike his new tariff rate to 15% is ‘something of an eff you’ to the U.K., which thought it had a better deal for 10%
By Jason MaFebruary 21, 2026
The Supreme Court’s landmark tariff decision is the latest defeat ‘piercing President Trump’s seeming invincibility’
Politics
The Supreme Court’s landmark tariff decision is the latest defeat ‘piercing President Trump’s seeming invincibility’
By Jason MaFebruary 21, 2026
new mexico
Politics
Why did the U.S. government sterilize thousands of Native American women in the 1970s? New Mexico is investigating
By Savannah Peters and The Associated PressFebruary 21, 2026
utah
Law
Utah mother who self-published a children’s book about husband’s death now on trial for his murder
By Hannah Schoenbaum and The Associated PressFebruary 21, 2026
wildfire
Law
PacifiCorp settles wildfire claims for over half a billion dollars
By Claire Rush and The Associated PressFebruary 21, 2026
zizian
Law
‘Zizian’ cult member marked by beliefs about veganism, animal rights, gender identity and AI bailed out of jail
By Mark Scolforo, Patrick Whittle and The Associated PressFebruary 21, 2026
FAA
Law
After United flights roll off tarmac, lose tires, audit finds FAA isn’t staffed enough to do regular inspections
By Rio Yamat and The Associated PressFebruary 21, 2026
huckabee
Politics
Mike Huckabee infuriates Middle East after agreeing with Tucker Carlson’s claim that Israel has a biblical right to the whole region
By Sam Mednick, Samy Magdy and The Associated PressFebruary 21, 2026
Macron
Law
World shakes its weary head at more Trump tariff chaos as he ‘says a lot of things, and many of them aren’t true’
By Kim Tong-Hyung, Megan Janetsky and The Associated PressFebruary 21, 2026
trump
Politics
Trump’s tariff fury continues as he moans about ‘ridiculous, poorly written, and extraordinarily anti-American decision’
By Michelle L. Price and The Associated PressFebruary 21, 2026
Trump’s plan B to impose new tariffs is also illegal because a balance-of-payments deficit doesn’t exist, trade experts say
Politics
Trump’s plan B to impose new tariffs is also illegal because a balance-of-payments deficit doesn’t exist, trade experts say
By Jason MaFebruary 21, 2026
Trump boosts new tariff rate to 15% a day after announcing 10%
Economy
Trump boosts new tariff rate to 15% a day after announcing 10%
By Wendy Benjaminson, Maria Paula Mijares Torres and BloombergFebruary 21, 2026
At least 20 communities with large warehouses are stealth targets for massive ICE detention centers. ‘There was absolutely no warning’
Politics
At least 20 communities with large warehouses are stealth targets for massive ICE detention centers. ‘There was absolutely no warning’
By Heather Hollingsworth, Morgan Lee and The Associated PressFebruary 21, 2026
Despite tariff ruling, this U.S. coffee company doesn’t expect to ever get a refund. ‘It’s like a nightmare we just want to wake up from’
Politics
Despite tariff ruling, this U.S. coffee company doesn’t expect to ever get a refund. ‘It’s like a nightmare we just want to wake up from’
By Mae Anderson and The Associated PressFebruary 21, 2026
Trump’s tariff refund mess leaves American business with half-a-decade of legal battles to look forward to
Economy
Trump’s tariff refund mess leaves American business with half-a-decade of legal battles to look forward to
By Paul Wiseman and The Associated PressFebruary 21, 2026
U.S. military airlifts small nuclear reactor for the first time, flying a minivan-sized microreactor nearly 700 miles on a C-17
Innovation
U.S. military airlifts small nuclear reactor for the first time, flying a minivan-sized microreactor nearly 700 miles on a C-17
By Matthew Daly and The Associated PressFebruary 21, 2026
Hungary says it will block the EU’s $106 billion loan to Ukraine until Russian oil resumes flowing through a key pipeline that Moscow damaged
Energy
Hungary says it will block the EU’s $106 billion loan to Ukraine until Russian oil resumes flowing through a key pipeline that Moscow damaged
By Justin Spike and The Associated PressFebruary 21, 2026
U.S. blockade of Cuba’s oil supply is not only crippling the island’s economy but also threatening ‘basic human safety,’ minister says
Politics
U.S. blockade of Cuba’s oil supply is not only crippling the island’s economy but also threatening ‘basic human safety,’ minister says
By Andrea Rodriguez, Milexsy Duran and The Associated PressFebruary 21, 2026
New CBO report shows national debt spiraling into uncharted territory by 2035—and Trump’s tariff defeat will make the picture even worse
Economy
New CBO report shows national debt spiraling into uncharted territory by 2035—and Trump’s tariff defeat will make the picture even worse
By Shawn TullyFebruary 21, 2026
Detroit automakers ask White House to be spared from new tariffs
Economy
Detroit automakers ask White House to be spared from new tariffs
By Gabrielle Coppola and BloombergFebruary 20, 2026
Trump imposes 10% global tariff in bid to salvage trade plans
Law
Trump imposes 10% global tariff in bid to salvage trade plans
By Courtney Subramanian, Kate Sullivan and BloombergFebruary 20, 2026
Trump warns he’s considering limited strikes on Iran and says Tehran ‘better negotiate a fair deal’
Politics
Trump warns he’s considering limited strikes on Iran and says Tehran ‘better negotiate a fair deal’
By Farnoush Amiri, Seung Min Kim and The Associated PressFebruary 20, 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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