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Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place

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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

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Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

1

Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place

2

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

3

Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

Retail

Retail

Nike’s earning numbers exceeded Wall Street’s expectations. But CEO Elliott Hill’s next test is the World Cup

Nike’s earning numbers exceeded Wall Street’s expectations. But CEO Elliott Hill’s next test is the World Cup

Nike beat market expectations on Tuesday, reporting $10.97 billion in revenue, over $130 million more than expected.

By Mia OsmonbekovJune 30, 2026

Stripe CEO Patrick Collison gestures with his hands as he speaks into a microphone before a congressional committee hearing.

Stripe, Visa and over 140 other businesses to launch stablecoin to rival Tether and Circle

By Camila Grigera NaónJune 30, 2026

Should you go to work during a heat wave? Your productivity suffers, and GDP tanks when it’s hot

Should you go to work during a heat wave? Your productivity suffers, and GDP tanks when it’s hot

By Catherina GioinoJune 30, 2026

green

France wearing green for the Statue of Liberty: inside the unusual interpretation of ‘national pride’ that makes World Cup jerseys

By Claire Rush and The Associated PressJune 28, 2026

Target worker stocks shelves

Target is starting to track employees’ unexcused lateness and absences with a points system—and if they rack up 12, they’re fired

By Emma BurleighJune 29, 2026

Atomic Industries CEO: America spent 60 years retreating from manufacturing. The next 100 are about building it back

By Aaron SlodovJune 29, 2026

Latest Stories

Dell’s AI boom is real, but so is the profit margin hit nobody is pricing in

AI Dell’s AI boom is real, but so is the profit margin hit nobody is pricing in

By Mia OsmonbekovJune 30, 2026

Young couple looking sad in front of a home with a for sale sign

Real Estate Gen Z and millennials aren’t convinced the American Dream exists anymore: Only 40% of them can afford to buy a home

By Tristan BoveJune 30, 2026

Russian President Vladimir Putin

Economy It started with one viral influencer complaining about Russia’s economy. Now a record 60% of Russians are pessimistic about their country’s outlook

By Tristan BoveJune 30, 2026

Image of colored bar charts with one being pushed up.

Newsletters AI is minting billion-dollar companies faster than before

By Beatrice NolanJune 30, 2026

kean

Politics Tom Kean discloses depression diagnosis behind 4-month absence from Congress: ‘until you experience it yourself, it is difficult to fully understand’

By Mike Catalini, Joey Cappelletti and The Associated PressJune 30, 2026

Commentary Netflix could turn NBC into its biggest bet yet — and this time, the math actually works

By Jeffrey Sonnenfeld and Steven TianJune 30, 2026

A woman types into a kiosk at an airport.

Travel & Leisure ‘You can expect prices to be high and stay high’: Domestic airfare is skyrocketing faster than international flight costs, despite using less jet fuel

By Sasha RogelbergJune 30, 2026

Young worker at desk

Success Remote-first fintech giant Revolut is making the office compulsory for new Gen Z grads—and they’ll earn flexibility like their peers after one year

By Emma BurleighJune 30, 2026

More RetailPage 6 of 100

housing

Commentary The housing market has been frozen for 3 years. Here’s why this spring could finally change that

By Jessica LautzApril 8, 2026

Retail Lamborghini is selling a record number of cars—but tariffs are eating its profits
By Sasha RogelbergMarch 19, 2026

Bed Bath & Beyond’s Container Store acquisition echoes past retail mergers that failed to deliver

Retail Bed Bath & Beyond’s Container Store acquisition echoes past retail mergers that failed to deliver

By Phil WahbaApril 8, 2026

Doritos prices jumped 50% in four years and PepsiCo waited until it lost billions to do anything about it

Retail Doritos prices jumped 50% in four years and PepsiCo waited until it lost billions to do anything about it

By Marco Quiroz-GutierrezApril 7, 2026

Peeps in yellow dye on a conveyor belt

Health ‘No one is saying, ‘I want more cancer with my candy”: Why Peeps are a ‘food chemical success story’ despite RFK Jr.’s campaign to destroy their dyes

By Catherina GioinoApril 5, 2026

amazon

North America Amazon slaps 3.5% fuel and logistics charge on sellers because of Iran war

By Anne D'Innocenzio and The Associated PressApril 4, 2026

march

Law Connecticut furniture standby Jordan’s Furniture offers $50 million of refunds to the whole state depending on March Madness

By Dave Collins and The Associated PressApril 4, 2026

Law Argentines once drank 90 liters of wine a year. Now they’re down to 15 — and 1,100 vineyards have already closed
By The Associated Press and Clara PreveMarch 18, 2026

Red Lobster is reportedly bringing back Endless Shrimp 2 years after the CEO vowed it would never return

Retail Red Lobster is reportedly bringing back Endless Shrimp 2 years after the CEO vowed it would never return

By Sydney LakeApril 3, 2026

Ed Bastion, wearing a suit and glasses, speak and points with one finger to his left.

C-Suite How Delta CEO Ed Bastian built a massive partnership with American Express that now generates over 10% of the airline’s revenue

By Sasha RogelbergApril 3, 2026

mcdonalds

Retail McDonald’s joins the value menu simpler is better trend with 10 items at less than $3 each

By Dee-Ann Durbin and The Associated PressApril 2, 2026

retail sales

Economy Retail sales tick up 0.6% in February before Iran war, gas price spike

By Anne D'Innocenzio and The Associated PressApril 1, 2026

Gen Z shoppers are actually more deliberate than baby boomers and agonize over their cart for days

Retail Gen Z shoppers are actually more deliberate than baby boomers and agonize over their cart for days

By Jeena Sharma and Retail BrewApril 1, 2026

Economy McDonald’s newest $3 value menu is sounding an alarm about America’s K-shaped economy
By Marco Quiroz-GutierrezMarch 17, 2026

Hershey is moving back to the original recipe for Reese’s Peanut Butter Cups after the chocolate’s grandson blasted them last month

Law Hershey is moving back to the original recipe for Reese’s Peanut Butter Cups after the chocolate’s grandson blasted them last month

By The Associated Press and Dee-Ann DurbinApril 1, 2026

Five hard lessons from Allbirds’ 99% stock plunge and $39 million fire sale

Retail Five hard lessons from Allbirds’ 99% stock plunge and $39 million fire sale

By Phil WahbaApril 1, 2026

The beauty counter is now on your For You page as Ulta Beauty joins TikTok Shop, betting on the platform reshaping how America consumes

Retail The beauty counter is now on your For You page as Ulta Beauty joins TikTok Shop, betting on the platform reshaping how America consumes

By Catherina GioinoMarch 31, 2026

McCormick combines with Unilever’s food division and adds Hellmann’s and Knorr to its brands

Arts & Entertainment McCormick combines with Unilever’s food division and adds Hellmann’s and Knorr to its brands

By The Associated PressMarch 31, 2026

Nordstrom’s $6.25 billion deal to go private is paying off—and don’t expect an IPO anytime soon

Retail Nordstrom’s $6.25 billion deal to go private is paying off—and don’t expect an IPO anytime soon

By Phil WahbaMarch 31, 2026

Cargo theft costs U.S. trucking $18 million a day and is ‘unlike anything our industry has faced before,’ logistics exec warns

North America Cargo theft costs U.S. trucking $18 million a day and is ‘unlike anything our industry has faced before,’ logistics exec warns

By Jason MaMarch 30, 2026

shamny

Commentary AI agents are already driving 10% of revenue for some brands. Is yours invisible to them?

By Aviv ShamnyMarch 29, 2026

andy rachel amy

Success How a couple’s kitchen table and a bean burrito built a $1 billion food empire

By Nick LichtenbergMarch 29, 2026

Photo of Bree McKeen

Success She left a Silicon Valley VC to solve a problem left untouched for 88 years. Now her bra brand is the fastest growing at Nordstrom

By Sydney LakeMarch 29, 2026

413,793 KitKat bars stolen: ‘Whilst we appreciate the criminals’ exceptional taste, the fact remains that cargo theft is an escalating issue’

Europe 413,793 KitKat bars stolen: ‘Whilst we appreciate the criminals’ exceptional taste, the fact remains that cargo theft is an escalating issue’

By The Associated PressMarch 28, 2026

A Macy's entrance in a mall.

Retail Macy’s just launched an AI-powered shopping assistant. Customers who use it spend nearly 400% more

By Jacqueline MunisMarch 27, 2026

‘I didn’t want anybody shooting me’: Five Guys CEO gave away $1.5 million bonus to employees over botched BOGO burger birthday celebration

C-Suite ‘I didn’t want anybody shooting me’: Five Guys CEO gave away $1.5 million bonus to employees over botched BOGO burger birthday celebration

By Catherina GioinoMarch 25, 2026

Brian Niccol speaks and gestures in front of a blue and green background.

C-Suite Starbucks CEO admits the chain ‘ran like a manufacturing facility’

By Sasha RogelbergMarch 23, 2026

Toilet paper on empty supermarket shelves, lockdown panic buying

Economy The great toilet paper panic is back as Japan starts stockpiling

By Eva RoytburgMarch 23, 2026

Costco CEO promises the $1.50 hot dog isn’t going away: ‘The price will not change as long as I’m around’

Retail Costco CEO promises the $1.50 hot dog isn’t going away: ‘The price will not change as long as I’m around’

By Sydney LakeMarch 21, 2026

Three Asias, three different playbooks: How PepsiCo’s Anne Tse views the world’s fastest-growing snack market

Asia Three Asias, three different playbooks: How PepsiCo’s Anne Tse views the world’s fastest-growing snack market

By Nicholas GordonMarch 20, 2026

A man walks between two luxury cars with the skyline of Dubai in the background.

Retail The Middle East is one of the world’s fastest growing luxury markets—and the war in Iran may cut its sales in half, analysts say

By Sasha RogelbergMarch 20, 2026

Asia How an MBA internship led Mitsubishi to e-commerce platform Yami—and into the U.S. snacks market

By Nicholas GordonMarch 20, 2026

Melissa Ben Ishay attends The Build Series to discuss Baked By Melissa at AOL HQ on October 14, 2016 in New York City.

C-Suite Baked by Melissa’s founder was fired at 24. Two decades later, she’s ‘so freaking thrilled’ to step down as CEO

By Eva RoytburgMarch 19, 2026

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Most Popular

Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place

placeholder alt text

By Sydney LakeJune 29, 2026

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

placeholder alt text

By Sydney LakeJune 25, 2026

Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

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By Preston ForeJune 27, 2026

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