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The same day he wielded a huge layoff ax, Elon Musk joked to investors about overpaying for Twitter and mused about wealthy people’s work ethicNew York is becoming an ’emerging hotspot’ for the XBB family of COVID variants that hit Singapore, as BQ closes in on U.S. dominanceCrypto is about to change bookkeeping rules—and soon the accounting professionFortune talks to Joe Manchin about the chances of bipartisanship and his message to CEOs: ‘Quit writing checks to everybody’Geopolitical instability is forcing companies to consider national security alongside profit, says former Secretary of Homeland Security Michael ChertoffI moved to New York and was laid off 8 months later. I’m not alone in fearing it will happen again.Fortune speaks to Nick Clegg: Meta’s global affairs chief on the future of the metaverse, Apple getting away ‘scot free,’ and Elon Musk joining the social media clubWant to balance strategy and ESG? A strong sense of purpose can carry your business a long way with stakeholdersHow Marc D’Amelio prepares TikTok famous kids Dixie and Charli for when social media fame endsTwitter layoffs are exposing a Silicon Valley culture war between anti– and pro–Elon Musk tech workersWhen it comes to diversity, it’s who you see that mattersFormer U.S. Treasury Secretary Larry Summers says price gouging and monopolies are not to blame for inflationCloud video games have a rocky history, but could have a bright futureFake German heiress Anna Sorokin swindled people out of $275,000. Now, she’s launched her second attempt at being a socialite with dinner partiesWe asked people what they’re wearing to the office. Their answers show how America’s definition of success has changedThe government takes another loss in a Trump-related trial as billionaire Tom Barrack gets acquitted of foreign agent chargesFed’s Kashkari says the hot jobs market means the inflation fight isn’t done: ‘We have more work to do to try to cool down the economy’Former Hollywood cop who doubled as Les Moonves’ private bodyguard sent him a confidential sexual assault report, prosecutors sayLayoffs are bad for everyone’s mental health: Here’s how to dealLaid off at 8 months pregnant, locked out of company email, and goodbyes: Twitter employees share horror stories of sudden layoff on a Black FridayThe race of her life: How Nnenna Lynch plans to chair the New York City Marathon4 big questions for Big Tech after its worst day for layoffs in 2022Xi warns Putin nuclear weapons in Ukraine is a red line. So much for a ‘no limits’ friendshipAdvancing workplace diversity: Insights and tips from modern leadersHigh mortgage rates are here to stay. Here’s why that’s bad news for county governments–and their taxpayersThe U.S. is officially in a flu epidemic, federal health officials say. They’re preparing to deploy troops and ventilators if necessaryA 27-year-old with a rare disease has died in an experimental gene-editing study. He was the only volunteer.Here’s the memo that Elon Musk’s Twitter sent out to the entire staff about massive layoffs‘London’s oldest chophouse’ says it was forced to shut down by its billionaire landlord demanding back payments for lockdown rentTop business schools focus on building future leaders with experiential learning modelPatron to enter the prestige tequila marketAfter slashing headcount and sharing Paul Pelosi conspiracy theories, Elon Musk blames ‘activist groups’ for ‘a massive revenue drop’ at TwitterThe consumer metaverse lags its enterprise peer, but opportunities abound, experts sayMeet Maxwell Frost: 25-year-old Uber driver, and probably the first ever Gen Z congressmanNYC employers are skirting the game-changing pay transparency law by listing $100,000-plus salary ranges for jobsThe Fed’s monetary policy is not the only tool to control inflation–and certainly not the bestWall Street, Geneva and other international banking centers backed a firm with a history of oil spills in the Amazon rainforestAmerica’s hidden disaster of dirty tap water is all around us in our small towns and rural areas‘I am grateful to be alive’: Selena Gomez’s new documentary gives a raw look into her battle with mental illnessThe Supreme Court is more diverse than the overwhelmingly white and male lawyers that argue in front of itNetflix’s homegrown star Millie Bobbie Brown is kicking off the streamer’s sequel era with ‘Enola Holmes 2.’ More are on the way.Corporate America is telling us not to worry about a recession with the October jobs reportStocks move higher on signs the jobs market is healthy but slowing, good news for inflation fightWeb3 will fix social media. Really?‘No further fraud’: Judge appoints independent monitor at Trump OrganizationThe shocking toll of alcohol abuse during the pandemic is just becoming clear: A 30% surge to the worst in 40 years, CDC saysThis Week in the Metaverse: Social media welcomes Web3, Telegram auctions rare handles as NFTs, and Roblox says Gen Zers want branded virtual itemsFBI says it has credible information of ‘broad’ threat to New Jersey synagogues, urges taking ‘all security precautions’The Alex Jones trial is just getting to the punitive damages phase—Sandy Hook parents say a $2.75 trillion award is possibleWhy isn’t anyone winning the $1.5 billion Powerball? It’s actually because fewer people are buying tickets.How Elon Musk hopes to monetize Twitter’s ultimate status symbol: The blue checkmark$4 billion payout to Albertsons shareholders halted by a judge as it seeks approval for grocery mega-merger with KrogerFauci says U.S. is at a ‘crossroads’ as COVID kills 2,600 a week and new Omicron variants bloom with winter coming soon U.S. economy kept adding jobs in October, reporting 261,000 gain in face of Fed’s rate hikesTwitter isn’t just axing workers—Musk demands $1 billion in IT spending cuts to stem $3 million in losses each dayCanadian bill would fine school workers $2,900 each day they strike after they turned down a 2.5% raise amid 7% inflationFirst Lady Olena Zelenska urges social media companies to stop censoring what’s happening in UkraineHR analytics platform Syndio provided employees with pay transparency in 2020. Retention hit 90%A director at a $430 million retailer reveals how she landed a board job at a public companyPowerball’s $1.5 billion jackpot is driving lottery envy in the 5 states where people can’t buy ticketsMeta executive Nick Clegg to Elon Musk: ‘Welcome to the club’Fed will be closely watching U.S. jobs report to see if growth in ‘overheated labor market’ slows to expected 200,000 new hiresHow an electric products company founded in 1836 is helping modern companies solve one of the most vexing problems of our timeTwitter advertiser exodus deepens as Volkswagen, Pfizer and General Mills hit pause on ad spending3 top venture investors predict when valuations will bottom—and it might be sooner than you think‘A foolish investment’: Sen. Joe Manchin tells CEOs to demand more for their political contributionsHong Kong shares soar over 7% after Communist Party paper says officials are being told to ease up on COVID lockdownsClimate change is a financial risk for most companies. At AccuWeather, it’s a financial win: ‘I like snow. It’s good for business,’ says its CEOElon Musk broke the law by suddenly eliminating 3,700 jobs at Twitter without required notice, lawsuit claimsA.I. empowers employees, not just companies. Here’s how leaders can spread that messageCathie Wood’s new ARK Invest venture capital fund features Elon Musk’s Twitter as its biggest holding—and a lot of risk
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