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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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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
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Lettuce from Mexico sold at Taco Bells in 5 states identified as source of diarrhea-causing parasite
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Dollar sinks as Trump’s new tariffs raise fears about U.S. debt and reserve currency status. ‘When it’s lost, economic collapse will follow’
Economy
Dollar sinks as Trump’s new tariffs raise fears about U.S. debt and reserve currency status. ‘When it’s lost, economic collapse will follow’
By Jason MaJanuary 18, 2026
After adding Trump administration statements, ’60 Minutes’ to air report on deportations that Bari Weiss abruptly pulled
Politics
After adding Trump administration statements, ’60 Minutes’ to air report on deportations that Bari Weiss abruptly pulled
By David Bauder and The Associated PressJanuary 18, 2026
An AI-generated version of Trump’s voice is used in ad that promises an ‘all new Fannie Mae’ to tackle housing affordability
AI
An AI-generated version of Trump’s voice is used in ad that promises an ‘all new Fannie Mae’ to tackle housing affordability
By Anne D'Innocenzio and The Associated PressJanuary 18, 2026
Moscow cheers NATO crisis as the Ukraine war stifles Russia’s economy, forcing companies to use 4-day weeks and lay off workers
Politics
Moscow cheers NATO crisis as the Ukraine war stifles Russia’s economy, forcing companies to use 4-day weeks and lay off workers
By Jason MaJanuary 18, 2026
EU mulls responding to Trump by reviving €93 billion tariff move
Europe
EU mulls responding to Trump by reviving €93 billion tariff move
By Alberto Nardelli, Jorge Valero and BloombergJanuary 18, 2026
Army readies 1,500 paratroopers specializing in arctic operations for possible deployment to Minnesota if Trump invokes Insurrection Act
Politics
Army readies 1,500 paratroopers specializing in arctic operations for possible deployment to Minnesota if Trump invokes Insurrection Act
By Konstantin Toropin and The Associated PressJanuary 18, 2026
BlackRock’s Rick Rieder bid for Fed chair is gaining traction
Banking
BlackRock’s Rick Rieder bid for Fed chair is gaining traction
By Josh Wingrove, Saleha Mohsin, Joshua Green and BloombergJanuary 18, 2026
Democrats think a war-powers resolution limiting Trump on Greenland would get more GOP votes than the one for Venezuela
Politics
Democrats think a war-powers resolution limiting Trump on Greenland would get more GOP votes than the one for Venezuela
By Stephen Groves and The Associated PressJanuary 18, 2026
Europe can wield this $8 trillion ‘sell America’ weapon as Trump reignites a trade war over his Greenland conquest ambitions
Economy
Europe can wield this $8 trillion ‘sell America’ weapon as Trump reignites a trade war over his Greenland conquest ambitions
By Jason MaJanuary 18, 2026
ICE
Politics
‘We believe in Allah, but we can’t do anything’: Somali shops reel in Minneapolis because ICE is bad for business
By Sarah Raza and The Associated PressJanuary 18, 2026
Epstein
Law
Epstein files fight in court heats up as congressmen accuse DOJ of ‘serious misconduct’
By Michael R. Sisak, Larry Neumeister and The Associated PressJanuary 18, 2026
rummler
Law
See the face of ICE’s crackdown on normal Americans: a 21-year-old college student permanently blind in one eye
By Amy Taxin and The Associated PressJanuary 18, 2026
mckibben
Environment
Electricity as the new eggs: Affordability concerns will swing the midterms just like the 2024 election, Bill McKibben says
By Seth Borenstein, Amanda Swinhart and The Associated PressJanuary 18, 2026
trump
Europe
America’s NATO allies erupt in tariff fury: read their rebuke of Trump
By The Associated PressJanuary 18, 2026
Ratcliffe
Politics
CIA director meets with Delcy Rodriguez in Venezuela
By David Klepper and The Associated PressJanuary 18, 2026
delcy
Politics
Trump accused Venezuela’s Maduro of massive drug dealing. The AP has receipts about the DEA’s probe of Delcy Rodriguez, too
By Jim Mustian, Joshua Goodman, Eric Tucker and The Associated PressJanuary 18, 2026
trump
Europe
Major U.S. allies in western Europe warn of ‘dangerous downward spiral’ as Trump threatens tariffs over his lust for Greenland
By Stefanie Dazio, John Leicester, Lorne Cook and The Associated PressJanuary 18, 2026
The EU could fire a never-before-used ‘trade bazooka’ to retaliate against Trump tariffs aimed at NATO allies sending troops to Greenland
Politics
The EU could fire a never-before-used ‘trade bazooka’ to retaliate against Trump tariffs aimed at NATO allies sending troops to Greenland
By Jason MaJanuary 18, 2026
Davos
Commentary
Building corporate resilience in a fragmenting world
By Sunny Mann and Anahita ThomsJanuary 18, 2026
FBI asks agents to voluntarily travel to Minneapolis
Politics
FBI asks agents to voluntarily travel to Minneapolis
By Margi Murphy, Jeff Stone and BloombergJanuary 17, 2026
It may come down to Trump using political pressure to force banks to cap interest rates on credit cards
Banking
It may come down to Trump using political pressure to force banks to cap interest rates on credit cards
By Ken Sweet and The Associated PressJanuary 17, 2026
There’s broad bipartisan support in Congress to renew Obamacare subsidies, but the abortion issue could block a deal and keep premiums high
Politics
There’s broad bipartisan support in Congress to renew Obamacare subsidies, but the abortion issue could block a deal and keep premiums high
By Mary Clare Jalonick and The Associated PressJanuary 17, 2026
Trump wants nations to pay $1 billion to stay on his peace board
Politics
Trump wants nations to pay $1 billion to stay on his peace board
By BloombergJanuary 17, 2026
EU and Mercosur bloc of South American nations sign trade deal to end quarter-century of talks, just as Trump hits Europe with new tariffs
Economy
EU and Mercosur bloc of South American nations sign trade deal to end quarter-century of talks, just as Trump hits Europe with new tariffs
By Nayara Batschke, Isabel Debre and The Associated PressJanuary 17, 2026
EU set to halt U.S. trade deal over Trump’s latest tariff threat
Europe
EU set to halt U.S. trade deal over Trump’s latest tariff threat
By Richard Bravo and BloombergJanuary 17, 2026
Just when Wall Street and Corporate America were looking forward to a year without trade fears, the ‘Tariff King’ strikes again
Economy
Just when Wall Street and Corporate America were looking forward to a year without trade fears, the ‘Tariff King’ strikes again
By Jason MaJanuary 17, 2026
Trump blasts Dimon, threatens to sue JPMorgan over debanking
Banking
Trump blasts Dimon, threatens to sue JPMorgan over debanking
By Josh Wingrove, Maria Paula Mijares Torres and BloombergJanuary 17, 2026
Iran’s supreme leader concedes thousands killed in unrest
Politics
Iran’s supreme leader concedes thousands killed in unrest
By Arsalan Shahla and BloombergJanuary 17, 2026
Danish general doesn’t expect U.S. attack and says recent deployment of European troops to Greenland is for ‘working together with allies’
Politics
Danish general doesn’t expect U.S. attack and says recent deployment of European troops to Greenland is for ‘working together with allies’
By Emma Burrows, Daniel Niemann and The Associated PressJanuary 17, 2026
Judge rules feds in Minneapolis immigration raids can’t detain or tear gas peaceful protesters, including observers and people in cars
Law
Judge rules feds in Minneapolis immigration raids can’t detain or tear gas peaceful protesters, including observers and people in cars
By Audrey McAvoy, Steve Karnowski and The Associated PressJanuary 17, 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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