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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’

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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

3

26 Meta employees accuse Mark Zuckerberg of using AI to target 8,000 layoffs against workers on medical, parental or family leave

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

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

3

26 Meta employees accuse Mark Zuckerberg of using AI to target 8,000 layoffs against workers on medical, parental or family leave
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Law
Politics
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
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
By Marco Quiroz-GutierrezJuly 17, 2026
tillis
Epstein survivors say Todd Blanche ignored them. Now one Republican senator is making him listen
By Alanna Durkin Richer, Joey Cappelletti and The Associated PressJuly 16, 2026
t
Tariff Man’s money machine broke. Now he’s trying to fix it with a forced‑labor crusade
By Paul Wiseman 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
‘We absolutely screwed up’: JD Vance blames Pam Bondi for the Trump administration’s miscommunication around the Epstein files
By The Associated Press and Seung Min KimJuly 16, 2026
Europe optimized its supply chains for cost. Now it must pay for resilience  
Europe optimized its supply chains for cost. Now it must pay for resilience  
By Richard SaynorJuly 16, 2026
Law
More in Law
m
Musk says he’s blocked from South Africa because he’s white. Amazon just moved in

Amazon’s satellite business Leo will launch in 2027 by playing by South Africa’s Black-ownership rules — the same law Musk refused to follow.

By Nick Lichtenberg, Gerald Imray and The Associated PressJuly 16, 2026
Seattle’s top prosecutor was waiting in the courthouse lobby an hour after he got the job when Trump fired him over email

Roger Rogoff was unanimously appointed and was waiting to have a coffee with his predecessor when he was dismissed, Apprentice-style.

By Gene Johnson and The Associated PressJuly 16, 2026
Scott Bessent says $1 coin with Trump’s face on it will ‘honor the enduring legacy of liberty’ with a ‘lasting symbol of patriotism’

Federal law bars a living person’s portrait from appearing on U.S. currency. Treasury cites the Circulating Collectible Coin Redesign Act of 2020.

By Catherina GioinoJuly 15, 2026
YouTube appeals verdict, argues it isn’t a social media platform

A jury awarded $6 million after finding YouTube and Meta designed platforms to hook young users.

By Kaitlyn Huamani and The Associated PressJuly 15, 2026
More in Law
Politics
More in Politics
dario
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
Analysis: Trump approves 80% of GOP disaster aid — and 60% for Democrats

Is a disaster only a disaster if it happens in a red state?

By David A. Lieb, M.K. Wildeman and The Associated PressJuly 16, 2026
Trump’s ‘American Flag Blue’ in the Lincoln Memorial pool is already gray — and the Olympic canoer ‘vandal’ is fighting his arrest

David Hearn’s case is at the center of a $16 million Reflecting Pool fix that’s already fading and flaking apart.

By Matthew Daly and The Associated PressJuly 16, 2026
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Latest stories from Fortune
European Commission President Ursula von der Leyen in Brussels on July 13, 2026. (Photo: John Thys/AFP/Getty Images)
Newsletters
Europe has two new rules for Google that will change the way AI assistants work on Android devices
By Andrew NuscaJuly 17, 2026
Chesky
Investing
Tech stocks lead steep global sell-off as investors lose faith in AI chip trade
By Jim EdwardsJuly 17, 2026
Top CD rates from major banks July 17, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Personal Finance
Top CD rates from major banks on July 17, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerJuly 17, 2026
Top CD rates today, July 17, 2026: Lock in up to up to 4.40%
Personal Finance
Top CD rates today, July 17, 2026: Lock in up to up to 4.40%
By Glen Luke FlanaganJuly 17, 2026
The top high-yield savings rates: Up to 4.50% on July 17, 2026
Personal Finance
The top high-yield savings rates: Up to 4.50% on July 17, 2026
By Glen Luke FlanaganJuly 17, 2026
Current price of Bitcoin for July 17, 2026
Personal Finance
Current price of Bitcoin for July 17, 2026
By Joseph HostetlerJuly 17, 2026
Current price of Ethereum for July 17, 2026
Personal Finance
Current price of Ethereum for July 17, 2026
By Joseph HostetlerJuly 17, 2026
dollar
Commentary
The dollar’s demise has been predicted for 55 years. The BCG Institute says it’s still overstated
By Philipp Carlsson-Szlezak, Nikolaus Lang and Paul SwartzJuly 17, 2026
More NewsPage 96 of 100
Tinkov
Banking
Former Russian banking billionaire says an Instagram post cost him $9 billion: His company was sold for 3% of its value in ‘hostage’ situation
By Nick LichtenbergDecember 29, 2025
‘We’ve gotten out of whack’ by fixating so much on Fed rates, but the loss of its independence will be punished, BofA CEO Brian Moynihan says
Economy
‘We’ve gotten out of whack’ by fixating so much on Fed rates, but the loss of its independence will be punished, BofA CEO Brian Moynihan says
By Jason MaDecember 29, 2025
Hillary
Law
New York City finally joins London, Singapore and other world-class cities with a tap-only subway system
By Philip Marcelo and The Associated PressDecember 29, 2025
Trump
Politics
‘Adapt, shrink or die’: Trump begins slashing UN aid with $2 billion pledge a fraction of previous contributions
By Jamey Keaten, Matthew Lee and The Associated PressDecember 29, 2025
US President Donald Trump speaks to members of the media on the South Lawn of the White House before boarding Marine One in Washington, DC, US, on Saturday, Dec. 13, 2025.
Economy
No one’s happier about calls for a ‘back-seat’ Fed than Fed insiders who were targeted by the White House this year
By Eleanor PringleDecember 29, 2025
Interoceanic Train derails in southern Mexico, injuring at least 15 and halting traffic on line
North America
Interoceanic Train derails in southern Mexico, injuring at least 15 and halting traffic on line
By The Associated PressDecember 28, 2025
Trump says Ukraine and Russia are ‘closer than ever’ to peace after talking to Zelenskyy and Putin
Politics
Trump says Ukraine and Russia are ‘closer than ever’ to peace after talking to Zelenskyy and Putin
By Will Weissert, Seung Min Kim, Elise Morton and The Associated PressDecember 28, 2025
Bank of America’s Moynihan sees Trump’s tariffs starting to de-escalate
Economy
Bank of America’s Moynihan sees Trump’s tariffs starting to de-escalate
By Sarah Maddox and BloombergDecember 28, 2025
‘Godfather of AI’ Geoffrey Hinton predicts 2026 will see the technology get even better and gain the ability to ‘replace many other jobs’
AI
‘Godfather of AI’ Geoffrey Hinton predicts 2026 will see the technology get even better and gain the ability to ‘replace many other jobs’
By Jason MaDecember 28, 2025
California tech founders unload on a proposed state wealth tax that already has some billionaires preparing an escape. ‘I am screwed for life’
Startups & Venture
California tech founders unload on a proposed state wealth tax that already has some billionaires preparing an escape. ‘I am screwed for life’
By Jason MaDecember 28, 2025
Ahead of meeting with Trump, Zelenskyy says ‘Ukraine is willing to do whatever it takes to stop this war’
Politics
Ahead of meeting with Trump, Zelenskyy says ‘Ukraine is willing to do whatever it takes to stop this war’
By Will Weissert, Seung Min Kim, Elise Morton and The Associated PressDecember 28, 2025
Bolsonaro undergoes medical procedure to treat severe hiccups
Health
Bolsonaro undergoes medical procedure to treat severe hiccups
By Fabiano Maisonnave and BloombergDecember 27, 2025
Russian official warns a banking crisis is possible amid nonpayments. ‘I don’t want to think about a continuation of the war or an escalation’
Banking
Russian official warns a banking crisis is possible amid nonpayments. ‘I don’t want to think about a continuation of the war or an escalation’
By Jason MaDecember 27, 2025
Peter Thiel and Larry Page are preparing to flee California in case the state passes a billionaire wealth tax, report says
Politics
Peter Thiel and Larry Page are preparing to flee California in case the state passes a billionaire wealth tax, report says
By Jason MaDecember 27, 2025
After U.S. debt soared to $38 trillion, the ‘easy times’ are now over as hedge funds jump into the bond market, former Treasury official warns
Economy
After U.S. debt soared to $38 trillion, the ‘easy times’ are now over as hedge funds jump into the bond market, former Treasury official warns
By Jason MaDecember 27, 2025
Kennedy Center seeks $1 million in damages from musician who canceled performance after Trump name added to building
Politics
Kennedy Center seeks $1 million in damages from musician who canceled performance after Trump name added to building
By Steven Sloan and The Associated PressDecember 27, 2025
California drops lawsuit to reinstate federal bullet train funding as high-speed rail authority seeks private investors
Politics
California drops lawsuit to reinstate federal bullet train funding as high-speed rail authority seeks private investors
By Sophie Austin and The Associated PressDecember 27, 2025
Federal Reserve Gov. Chris Waller engages 200 top CEOs at the Yale CEO Summit in December, 2025. (Photo courtesy of the Yale Chief Executive Leadership Institute/Photographer Donovan Marks)
Commentary
Why over 80% of America’s top CEOs think Trump would be wrong not to pick Chris Waller for Fed chair
By Jeffrey Sonnenfeld and Steven TianDecember 27, 2025
Kence Anderson is the founder and CEO of AMESA 
Commentary
I pioneered machine teaching at Microsoft. Building AI agents is like building a basketball team, not drafting a player 
By Kence AndersonDecember 27, 2025
hawaii
Environment
Hawaii’s Big Island cat lovers are furious about a feeding ban to protect an endangered goose species: ‘They’re both living creatures’
By Jennifer Sinco Kelleher and The Associated PressDecember 27, 2025
Anduril founder Palmer Luckey is among the U.S. defense execs and companies sanctioned by China over arms sales to Taiwan
Politics
Anduril founder Palmer Luckey is among the U.S. defense execs and companies sanctioned by China over arms sales to Taiwan
By The Associated PressDecember 26, 2025
Trump
Economy
Trump’s tariffs actually slashed the deficit from a record $136.4 billion to less than half that. Here’s what else they did
By Wyatte Grantham-Philips, Paul Wiseman and The Associated PressDecember 26, 2025
Seniors relive their days of wanderlust and thrill-seeking with virtual reality. ‘It’s about all the memories that it brings back’
Travel & Leisure
Seniors relive their days of wanderlust and thrill-seeking with virtual reality. ‘It’s about all the memories that it brings back’
By Michael Liedtke and The Associated PressDecember 26, 2025
U.S. launches strikes against Islamic State group in Nigeria after attacks target Christians
Politics
U.S. launches strikes against Islamic State group in Nigeria after attacks target Christians
By Will Weissert and The Associated PressDecember 26, 2025
Trump stands in front of a podium, about to speak
Retail
Trump just declared December 26th a national holiday. What’s open and closed?
By Dave SmithDecember 26, 2025
xmas
Europe
Christmas 500 years ago was a drunken 6-week feast that may have been considerably better than the modern holiday, medieval historian says
By Bobbi Sutherland and The ConversationDecember 25, 2025
Telluride
North America
Telluride resort owner rips into ski patrol union after strikes shuts down slopes on Christmas
By Mead Gruver and The Associated PressDecember 25, 2025
El Centro
Law
California farming mogul in bitter divorce proceedings arrested on suspicion of murdering his wife
By Amy Taxin, Jacques Billeaud and The Associated PressDecember 25, 2025
Kennedy
Arts & Entertainment
Drummer cancels Christmas Eve ‘Jazz Jams’ at Kennedy Center after name change, ending 20-year tradition
By Hillel Italie and The Associated PressDecember 25, 2025
Ghislaine
Law
Ghislaine Maxwell claimed ‘substantial new evidence’ should set her free. Then the new Epstein files dropped
By Michael R. Sisak, Larry Neumeister and The Associated PressDecember 25, 2025
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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
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
Law
26 Meta employees accuse Mark Zuckerberg of using AI to target 8,000 layoffs against workers on medical, parental or family leaveplaceholder alt text
By Barbara Ortutay, Alexandra Olson and The Associated PressJuly 15, 2026
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