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Hackers pushed freezers at hundreds of French supermarkets to 122 degrees. Now the Pentagon is asking whether the same thing hit U.S. military bases

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If California undid its 'original sin' and matched Texas on taxing property, it would raise more revenue than the billionaire tax, economists say

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Pentagon orders bases to plan for 90 days without the grid as Britain urges families to stockpile food and water

1

Hackers pushed freezers at hundreds of French supermarkets to 122 degrees. Now the Pentagon is asking whether the same thing hit U.S. military bases

2

If California undid its 'original sin' and matched Texas on taxing property, it would raise more revenue than the billionaire tax, economists say

3

Pentagon orders bases to plan for 90 days without the grid as Britain urges families to stockpile food and water
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Strategy executive chairman Michael Saylor wearing a headset microphone while speaking at a Bitcoin conference.
Bitcoin giant Strategy, unfazed by Binance hack, adds over $65 million BTC to its holdings

The corporate crypto bull’s latest buying run coincided with hackers draining $6.3 billion from Binance.

By Camila Grigera NaónNovember 2, 2026
Following a sudden GOP slide, a top data scientist’s model gives Democrats 90% odds of taking the Senate as Kansas trends blue in major shock
Following a sudden GOP slide, a top data scientist’s model gives Democrats 90% odds of taking the Senate as Kansas trends blue in major shock
By Shawn TullyNovember 2, 2026
Palmer Luckey, founder of Anduril Industries
As Sergey Brin, Larry Page and the ultra-rich flee California, one 34-year-old tech billionaire is ‘not running’—he ‘wants to fight’ for the state
By Emma BurleighNovember 2, 2026
Dario Amodei
Anthropic’s growth slowed and costs jumped in the third quarter, updated IPO filing shows
By Beatrice NolanNovember 2, 2026
Senator Mark Warner gestures passionately in front of a "Broken Promises, Higher Costs" sign in a Senate hearing.
From Wall Street heirs to telecoms tycoons, at least half of major U.S. Senate candidates are millionaires—and some are worth upwards of $200 million
By Preston ForeNovember 2, 2026
Voters cast ballots at a polling station in Anchorage, Alaska
‘A major risk to the global economy’: BofA warns about the AI boom the day before a midterm vote framed around data-center backlash
By Nick LichtenbergNovember 2, 2026
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Billionaire Sergey Brin is building political infrastructure that will last beyond his $102 million fight against Prop 40

Building a Better California is spending on more than just the wealth tax.

By Joshua HongNovember 2, 2026
Voters usually decide one or two income or wealth tax measures a year. This midterm season, there are nine

Colorado, Washington and Cook County voters will also weigh taxes on top earners, while other states move to make taxes harder to raise.

By Catherina GioinoNovember 1, 2026
China sees the yuan vs. dollar rivalry like Pepsi vs. Coke, expert says — ‘never the market leader, but serviceable in a pinch’

“Without a far larger pool of renminbi assets that foreigners can freely buy and sell, the renminbi cannot come close to replacing the dollar.”

By Jason MaOctober 31, 2026
If California undid its ‘original sin’ and matched Texas on taxing property, it would raise more revenue than the billionaire tax, economists say

“It is simply not possible to fund the state’s needs by leaning on a few hundred people, as politically appealing as that may be.”

By Jason MaOctober 31, 2026
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North America
More in North America
The anti-Skydance: How a Nike billionaire’s backing lets Laika spend a reported $100 million on ‘Wildwood’
The anti-Skydance: How a Nike billionaire’s backing lets Laika spend a reported $100 million on ‘Wildwood’

The studio behind ‘Coraline’ is run by the Nike co-founder’s son, and its films rarely make money at the box office.

By Andrew McGowanNovember 1, 2026
Gen Z is ditching the family SUV for the humble sedan U.S. carmakers gave up on. Now, Ford and GM are reconsidering

Eight of Gen Z’s 10 most commonly driven models are sedans, new data shows. Affordability is a big reason, and Ford and GM, which abandoned the segment, are reconsidering.

By Bilin LinNovember 1, 2026
‘The best thing that you can do for your career is to make yourself redundant’: Inside Stellantis’ AI push after the ‘starting gun went off’

That’s the advice of Stellantis’ CTO, who plans to hire hundreds more anyway. AI is shrinking weeks into days, but it can’t tell you what car to make.

By Nick LichtenbergNovember 1, 2026
Hackers pushed freezers at hundreds of French supermarkets to 122 degrees. Now the Pentagon is asking whether the same thing hit U.S. military bases

More than half a dozen U.S. military commissaries experienced refrigeration failure in August, and cybersecurity experts suspect a possible connection.

By Sasha RogelbergNovember 1, 2026
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Asia
More in Asia
2026 was meant to be the Philippines’ year—yet the country remains stuck in an ‘recurring cycle of underachievement’
2026 was meant to be the Philippines’ year—yet the country remains stuck in an ‘recurring cycle of underachievement’

What was meant to be a breakout year, highlighted by the Philippines’ turn as ASEAN chair, has instead become a case study in how it keeps falling short.

By Sam BeltranNovember 1, 2026
How Southeast Asia can realize its commercial promise amid geopolitical rivalry

Countries have a shared interest in defending international law—even when doing so may create friction with the country violating it.

By Lynn KuokOctober 31, 2026
Rakuten Capital’s Saemin Ahn thinks Southeast Asian VC needs a different model, as good startups don’t get enough ‘oxygen’ compared to the U.S.

The managing partner of Rakuten’s venture arm says the region’s startups lack the scale and exits to justify U.S.-style checks.

By Angelica AngOctober 30, 2026
Cyclone Arnab hits India’s data-center coast, where Google, Adani and Airtel plan to invest $15 billion in a hyperscale data center

Meteorologists said unusually high temperatures across the Bay of Bengal helped fuel Arnab.

By Sibi Arasu and The Associated PressOctober 29, 2026
More in Asia
Global
More in Global
Weil Gotshal’s collapse highlights the risk of building a business around star talent
Weil Gotshal’s collapse highlights the risk of building a business around star talent

The law firm’s dissolution raises broader questions about the sustainability of business models heavily dependent on high-profile individuals.

By Ruth UmohNovember 2, 2026
S&P’s negative outlook on Meta underscores the risks of the AI spending boom

Meta’s massive capital outlays are raising questions about when AI will pay off.

By Sheryl EstradaNovember 2, 2026
Binance will survive the $6.3 billion hack—but this is the start of a terrifying new era

The scale and sophistication of the Binance hack is alarming—and all of this will soon be turbocharged by AI.

By Jeff John RobertsNovember 2, 2026
Wholesale marketplace Faire survived the ‘fog of crazy valuations.’ Now, it’s eyeing an IPO

Faire, the venture-backed online wholesale market, is eyeing a potential IPO in the next 12 months.

By Phil WahbaNovember 2, 2026
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OpenAI’s Altman: ‘The world should accept some bad things happening for the benefits of this technology’ 
By Jim EdwardsOctober 5, 2026
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Future of Work
Wharton researchers studied 760 employees—and found an inconvenient truth about remote work
By Bilin LinOctober 5, 2026
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Adam Neumann says a half-hour car ride with Masayoshi Son is when his ego took over—and WeWork’s $47 billion collapse began
By Muskaan ArshadOctober 5, 2026
Why ‘China plus one’ is paying off less than Southeast Asia hoped
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Why ‘China plus one’ is paying off less than Southeast Asia hoped
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Personal Finance
Home equity loan and HELOC rates, Oct. 5, 2026
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Can superintelligence ever be controlled? Sam Altman on AI safety, doomsday scenarios, and OpenAI’s delayed IPO
Magazine
Can superintelligence ever be controlled? Sam Altman on AI safety, doomsday scenarios, and OpenAI’s delayed IPO
By Alyson ShontellOctober 5, 2026
Can Europe’s industrial legacy give it an AI advantage?
Magazine
Can Europe’s industrial legacy give it an AI advantage?
By Sam ForsdickOctober 5, 2026
More than half of Gen Z investors have funneled cash into sports betting—but they’re not coming close to breaking even
Personal Finance
More than half of Gen Z investors have funneled cash into sports betting—but they’re not coming close to breaking even
By Shae LakeOctober 5, 2026
Air Force removes all bombers from British base and redeploys them to the U.S. after a planned terror attack linked to Iran was foiled
Politics
Air Force removes all bombers from British base and redeploys them to the U.S. after a planned terror attack linked to Iran was foiled
By Konstantin Toropin and The Associated PressOctober 4, 2026
Japan’s population is shrinking at an accelerating rate, but the nationalist prime minister is making it harder for foreigners to live there
Asia
Japan’s population is shrinking at an accelerating rate, but the nationalist prime minister is making it harder for foreigners to live there
By Jason MaOctober 4, 2026
Tom Cruise suffers one of the worst movie debuts of his career. Reviews were so bad Warner Bros. ran ‘decide for yourself’ ads
Arts & Entertainment
Tom Cruise suffers one of the worst movie debuts of his career. Reviews were so bad Warner Bros. ran ‘decide for yourself’ ads
By Jake Coyle and The Associated PressOctober 4, 2026
Court tosses 10-year manslaughter sentence due to an AI-generated video of the victim ‘created from the imaginings’ of his sister
Law
Court tosses 10-year manslaughter sentence due to an AI-generated video of the victim ‘created from the imaginings’ of his sister
By Jacques Billeaud and The Associated PressOctober 4, 2026
Persian Gulf oil flows return to prewar levels, but Iran could resort to a ‘scorched earth campaign’ as U.S. deploys more ships and Marines to Mideast
Middle East
Persian Gulf oil flows return to prewar levels, but Iran could resort to a ‘scorched earth campaign’ as U.S. deploys more ships and Marines to Mideast
By Jason MaOctober 4, 2026
‘Avengers: Endgame’ is the biggest movie ever again, 7 years later—and it says a lot about the future of Hollywood’s IP machine
Arts & Entertainment
‘Avengers: Endgame’ is the biggest movie ever again, 7 years later—and it says a lot about the future of Hollywood’s IP machine
By Andrew McGowanOctober 4, 2026
Trump’s Ohio rally gets quiet after he defends data centers — a toxic political issue with bipartisan opposition. ‘You can’t just turn them off’
Politics
Trump’s Ohio rally gets quiet after he defends data centers — a toxic political issue with bipartisan opposition. ‘You can’t just turn them off’
By Seung Min Kim and The Associated PressOctober 4, 2026
Even ‘Bond King’ Bill Gross warns ‘Don’t own bonds’ as long-term debt enters a new era of volatility 
Economy
Even ‘Bond King’ Bill Gross warns ‘Don’t own bonds’ as long-term debt enters a new era of volatility 
By Jason MaOctober 4, 2026
After dropping out in 8th grade to pursue esports, this Fortnite player takes a page from MrBeast while helping others offset high cost of pro gaming
Success
After dropping out in 8th grade to pursue esports, this Fortnite player takes a page from MrBeast while helping others offset high cost of pro gaming
By James Pollard and The Associated PressOctober 4, 2026
Diesel prices are so high that commercial fishermen sometimes can’t even afford to leave the dock. ‘It’s huge. It’s crazy. Thank you, Donald Trump’
Energy
Diesel prices are so high that commercial fishermen sometimes can’t even afford to leave the dock. ‘It’s huge. It’s crazy. Thank you, Donald Trump’
By Patrick Whittle and The Associated PressOctober 4, 2026
Sen. Mitch McConnell closed a loophole in a hemp law he championed. Now a $28 billion THC industry that gets people high is fighting for survival
Politics
Sen. Mitch McConnell closed a loophole in a hemp law he championed. Now a $28 billion THC industry that gets people high is fighting for survival
By Gene Johnson and The Associated PressOctober 4, 2026
Gen Z is poised to be wealthier than millennials but despair over economy — ‘they get spammed and scammed, and there are tons of fake jobs out there’
Economy
Gen Z is poised to be wealthier than millennials but despair over economy — ‘they get spammed and scammed, and there are tons of fake jobs out there’
By Jacqueline Ganun, Nicholas Riccardi and The Associated PressOctober 4, 2026
Trump names national intelligence director Jay Clayton to lead new ‘Super Intelligence Force’ on AI
AI
Trump names national intelligence director Jay Clayton to lead new ‘Super Intelligence Force’ on AI
By The Associated PressOctober 4, 2026
Warren Buffett’s first tax bill at age 14 was $7. Now Berkshire Hathaway’s is almost $27 billion—and he still says the rich don’t pay enough
Success
Warren Buffett’s first tax bill at age 14 was $7. Now Berkshire Hathaway’s is almost $27 billion—and he still says the rich don’t pay enough
By Sydney LakeOctober 4, 2026
Grindr CEO graduated with $500 in his pocket. Now a self-made millionaire, he plans to bring his kids to the office at 10 years old to teach them grit
Success
Grindr CEO graduated with $500 in his pocket. Now a self-made millionaire, he plans to bring his kids to the office at 10 years old to teach them grit
By Orianna Rosa RoyleOctober 4, 2026
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Success
Anthropic’s Daniela Amodei says entrepreneurs should go on vacation to road test potential cofounders—if they’re a drain, they’re ‘the wrong choice’
By Emma BurleighOctober 4, 2026
Nvidia CEO Jensen Huang attends a meeting on artificial intelligence in the East Room of the White House.
AI
Nvidia CEO Jensen Huang has emerged as the biggest foil to AI doomerism about the existential risk to humanity
By Joshua HongOctober 4, 2026
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Commentary
Gary Shapiro: why trade shows matter and how to get them right
By Gary ShapiroOctober 4, 2026
A woman in a yellow jacket in front of a "NO DATA CENTERS" sign, speaks with another woman with her hands on her hips.
Big Tech
Meet the ‘mini Erin Brockoviches’ fighting off eminent domain—and the shadow of Amazon—as a data center hands out $10,000 to their neighbors
By Sasha RogelbergOctober 4, 2026
Fortune Archives: Travis Kalanick’s wild ride
Newsletters
Fortune Archives: Travis Kalanick’s wild ride
By Joey AbramsOctober 4, 2026
Former L’Oréal execs set out to build a $1.2 billion beauty empire. Now all that’s left is Milk Makeup, and its sales just fell 57%
Arts & Entertainment
Former L’Oréal execs set out to build a $1.2 billion beauty empire. Now all that’s left is Milk Makeup, and its sales just fell 57%
By Bilin LinOctober 4, 2026
gephardt
Commentary
‘A Republic, if you can keep it’: We served presidents from both parties and have never been so concerned about election security
By Richard A. Gephardt, Timothy E. Wirth, Leon Panetta, Theodore Roosevelt V, Reid J. Ribble, Stephanie A. Grisham and Miles TaylorOctober 4, 2026
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Cybersecurity
Hackers pushed freezers at hundreds of French supermarkets to 122 degrees. Now the Pentagon is asking whether the same thing hit U.S. military basesplaceholder alt text
By Sasha RogelbergNovember 1, 2026
Economy
If California undid its 'original sin' and matched Texas on taxing property, it would raise more revenue than the billionaire tax, economists sayplaceholder alt text
By Jason MaOctober 31, 2026
North America
Pentagon orders bases to plan for 90 days without the grid as Britain urges families to stockpile food and waterplaceholder alt text
By Bilin LinOctober 26, 2026
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