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He worked 100-hour weeks to save a nearly bankrupt boat company. At 83, he’s just turned down $400 million for it—and gave it all to charity instead

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Costco's $14 million email settlement: Who qualifies for an up-to $500 payment and how to claim before the Aug. 24 deadline

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Mamdani’s pied-à-terre tax was designed to hit the wealthy, but it’s sending most New Yorkers to their estate lawyers

1

He worked 100-hour weeks to save a nearly bankrupt boat company. At 83, he’s just turned down $400 million for it—and gave it all to charity instead

2

Costco's $14 million email settlement: Who qualifies for an up-to $500 payment and how to claim before the Aug. 24 deadline

3

Mamdani’s pied-à-terre tax was designed to hit the wealthy, but it’s sending most New Yorkers to their estate lawyers
MagazineFortune 500

Fortune 500 CEO survey: How are America’s biggest companies dealing with the coronavirus pandemic?

Alan Murray
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Alan Murray
Alan Murray
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Alan Murray
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Alan Murray
Alan Murray
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May 14, 2020, 5:30 AM ET
Rob Kim—Getty Images
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Subscribe to How To Reopen, our weekly newsletter on what it takes to reboot business in the midst of a pandemic.

CEOs of the Fortune 500, surveyed in the last two weeks of April, believe it will be years before the effects of COVID-19 are purged from the U.S. economy. Only 27% expect their workers to fully return to their usual workplaces this year. A majority believe it will be the first quarter of 2022 before overall economic activity returns to levels reached before the pandemic, and another 27% don’t expect that until the first quarter of 2023. Most say business travel at their company will never return to levels reached before the crisis. Despite the economic impact, three-fourths believe the crisis will force their companies to accelerate their technological transformation.

Fortune 500 CEO Poll conducted 4/23-5/4. Risk question provided by survey sponsor, Zurich North America Insurance.

A version of this article appears in the June/July 2020 issue of Fortune with the headline “The CEO Outlook”

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