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Airbnb CEO Brian Chesky says ‘founder mode’ cost him almost his entire executive team: ‘They left or they didn’t want to work for me’

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Appeals court tosses lawsuit over Mamdani’s pied-à-terre tax rollout, ruling homeowners can’t sue over notices

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Current price of oil as of November 5, 2026

1

Airbnb CEO Brian Chesky says ‘founder mode’ cost him almost his entire executive team: ‘They left or they didn’t want to work for me’

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Appeals court tosses lawsuit over Mamdani’s pied-à-terre tax rollout, ruling homeowners can’t sue over notices

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Current price of oil as of November 5, 2026
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News and analysis on the business of the stock market, the latest tech trends, and how the top businesses are doing in the current climate.
Tech stocks are suffering their biggest selloff since Covid, as investors see premature end to AI datacenter boom
Tech stocks are suffering their biggest selloff since Covid, as investors see premature end to AI datacenter boom

Two days after voters overwhelmingly rejected data centers, the companies that make the chips, networking gear, and other tech for the facilities saw their stocks crushed.

By Alexei OreskovicNovember 5, 2026
Wall Street’s best post-midterm rally in 44 years lasted just one day—then $3 trillion vanished as chip stocks plunged over AI fears
Wall Street’s best post-midterm rally in 44 years lasted just one day—then $3 trillion vanished as chip stocks plunged over AI fears
By Catherina GioinoNovember 5, 2026
Current price of Bitcoin for Nov. 5, 2026
Current price of Bitcoin for November 5, 2026
By Joseph HostetlerNovember 5, 2026
Current price of Ethereum for Nov. 4, 2026
Current price of Ethereum for November 4, 2026
By Joseph HostetlerNovember 4, 2026
Current price of Ethereum for Nov. 5, 2026
Current price of Ethereum for November 5, 2026
By Joseph HostetlerNovember 5, 2026
Top CD rates from major banks Nov. 4, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Top CD rates from major banks on November 4, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerNovember 4, 2026
Latest stories from Fortune
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Commentary
SpaceX created a new class of ultrawealthy. Here’s what comes next
By Anastasia AtamanchukAugust 5, 2026
  • Current price of oil as of August 3, 2026
    Personal Finance
    Current price of oil as of August 3, 2026
    By Joseph HostetlerAugust 3, 2026
Specialist Dilip Patel works on the floor of the New York Stock Exchange.
Investing
Wall Street stays steady at record highs as ‘coiled spring’ releases in August, with talks of deal to reopen Strait of Hormuz
By The Associated Press and Damian J. TroiseAugust 5, 2026
A billion SpaceX shares unlock Thursday. Wall Street isn’t worried: ‘You never bet against Elon’
Innovation
A billion SpaceX shares unlock Thursday. Wall Street isn’t worried: ‘You never bet against Elon’
By Eva RoytburgAugust 5, 2026
In its first deal since going public, Italian unicorn Bending Spoons buys Airtable at a $9 billion discount
Startups & Venture
In its first deal since going public, Italian unicorn Bending Spoons buys Airtable at a $9 billion discount
By Catherina GioinoAugust 5, 2026
Photo of a house and a symbol of the stock market
Investing
Locked out of housing, Gen Z and Millennials are building wealth in the stock market instead as they reach record high $3.1 trillion in holdings
By Mia OsmonbekovAugust 5, 2026
Marc Rowan, chief executive officer of Apollo Global Management
Success
Apollo CEO has a $11.1 billion net worth today—but he started out with a series of hospitality jobs, from valet parking to working in a party store
By Emma BurleighAugust 5, 2026
  • Markets signal investors are back in buying mode again after Kospi’s record surge, while Trump gives peace a chance with latest Iran reversal
    Investing
    Markets signal investors are back in buying mode again after Kospi’s record surge, while Trump gives peace a chance with latest Iran reversal
    By Jason MaAugust 2, 2026
h
Asia
Honda doubles profit as motorcycles and a weak yen fuel its post‑EV writedown comeback
By Yuri Kageyama and The Associated PressAugust 5, 2026
s
Big Tech
SpaceX races toward Musk’s $1 trillion dream—just as insiders can start selling
By Bernard Condon and The Associated PressAugust 5, 2026
d
Arts & Entertainment
Disney boosted by $1 billion at the box office, strong parks performance as international visits slump
By Michelle Chapman and The Associated PressAugust 5, 2026
Top CD rates from major banks Aug. 5, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Personal Finance
Top CD rates from major banks on August 5, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerAugust 5, 2026
Current price of Ethereum for Aug. 6, 2026
Personal Finance
Current price of Ethereum for August 5, 2026
By Joseph HostetlerAugust 5, 2026
  • Wall Street’s favorite bet comes undone as chips whipsaw market
    Investing
    Wall Street’s favorite bet comes undone as chips whipsaw market
    By Ryan Vlastelica and BloombergAugust 2, 2026
Current price of Bitcoin for Aug. 5, 2026
Personal Finance
Current price of Bitcoin for August 5, 2026
By Joseph HostetlerAugust 5, 2026
Bill Ackman, unfiltered: The billionaire hedge fund founder’s take on AI, investing, and why socialism is a ‘disaster’
C-Suite
Bill Ackman, unfiltered: The billionaire hedge fund founder’s take on AI, investing, and why socialism is a ‘disaster’
By Fortune EditorsAugust 5, 2026
From Pochettino to MLS, the giants of American finance keep making big promises about the future of U.S. soccer
C-Suite
From Pochettino to MLS, the giants of American finance keep making big promises about the future of U.S. soccer
By Catherina GioinoAugust 4, 2026
Dinari cofounders Chas Rampenthal, Gabriel Otte, and Brandon Ooi stand side by side smiling at the camera.
Crypto
Exclusive: Dinari, founded by Stripe and Apple alums, partners with Circle to offer tokenized stocks to U.S. investors
By Camila Grigera NaónAugust 4, 2026
Photo of a trader and a screen showing stocks rallying
Investing
Global shares rally, oil rebounds as Iran war de-escalation, yen intervention worries ease
By The Associated Press and Yuri KageyamaAugust 4, 2026
t
Investing
Toyota sold fewer cars but nearly doubled profit on cheap yen
By Yuri Kageyama and The Associated PressAugust 4, 2026
from right to left: Javi Palafox, Pablo Palafox, and Luis Paarup stand and smile
Newsletters
HappyRobot is worth $1.2 billion. Its founder says it’s just ‘getting started’
By Lily Mae LazarusAugust 4, 2026
Portrait of Knut Wicksell (1851-1926) Swedish economist. Dated 20th Century. (Photo by Universal History Archive/Universal Images Group via Getty Images)
Economy
A forgotten Swedish economist’s 130-year-old theory explains why investors won’t quit funding America’s near-$40 trillion pile of debt
By Eleanor PringleAugust 4, 2026
Could a UN-backed plan to reopen Hormuz break the deadlock? 
Newsletters
Could a UN-backed plan to reopen Hormuz break the deadlock? 
By Melissa HancockAugust 4, 2026
Top CD rates from major banks Aug. 4, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Personal Finance
Top CD rates from major banks on August 4, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerAugust 4, 2026
Current price of Bitcoin for August 4, 2026
Personal Finance
Current price of Bitcoin for August 4, 2026
By Joseph HostetlerAugust 4, 2026
Current price of Ethereum for August 4, 2026
Personal Finance
Current price of Ethereum for August 4, 2026
By Joseph HostetlerAugust 4, 2026
Ray Dalio on the AI bubble nearing 1929, 2000 levels and the lesson people always forget: ‘Wealth is not the same as money’
Investing
Ray Dalio on the AI bubble nearing 1929, 2000 levels and the lesson people always forget: ‘Wealth is not the same as money’
By Nick LichtenbergAugust 4, 2026
Alex Karp, wearing a hat, gives a peace sign
AI
Palantir CEO Alex Karp celebrates 93% revenue growth as stock soars after blockbuster earnings: ‘For the first time people believe us’
By Preston ForeAugust 3, 2026
Palantir CEO Alex Karp
AI
Palantir shares jump 13% as U.S. AI demand sends revenue soaring past targets
By Preston ForeAugust 3, 2026
broker
Investing
Wall Street bulls are starting to admit the earnings bubble is real—and the 60/40 portfolio may be the first casualty
By Nick LichtenbergAugust 3, 2026
Photo of traders on floor of New York Stock Exchange
Economy
Oil tumbles and stock futures surge after Trump said Iran deal was near
By The Associated Press, Elaine Kurtenbach and Matt OttAugust 3, 2026
Current price of Bitcoin for August 3, 2026
Personal Finance
Current price of Bitcoin for August 3, 2026
By Joseph HostetlerAugust 3, 2026
Current price of Ethereum for August 3, 2026
Personal Finance
Current price of Ethereum for August 3, 2026
By Joseph HostetlerAugust 3, 2026
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Startups & Venture
Airbnb CEO Brian Chesky says ‘founder mode’ cost him almost his entire executive team: ‘They left or they didn’t want to work for me’placeholder alt text
By Tatiana SatauaNovember 4, 2026
Law
Appeals court tosses lawsuit over Mamdani’s pied-à-terre tax rollout, ruling homeowners can’t sue over noticesplaceholder alt text
By Catherina GioinoNovember 4, 2026
Personal Finance
Current price of oil as of November 5, 2026placeholder alt text
By Joseph HostetlerNovember 5, 2026
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