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Pentagon accuses Alibaba, Baidu and BYD, three of China's biggest companies, of supporting the Chinese military

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'We are rapidly running out of time': Watchdog sounds Social Security alarm after 22% cut confirmed for 2032

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Costco CEO Ron Vachris rose from forklift driver to the C-suite without a college degree: ‘Don’t chase a title’ is the career advice that got him there

1

Pentagon accuses Alibaba, Baidu and BYD, three of China's biggest companies, of supporting the Chinese military

2

'We are rapidly running out of time': Watchdog sounds Social Security alarm after 22% cut confirmed for 2032

3

Costco CEO Ron Vachris rose from forklift driver to the C-suite without a college degree: ‘Don’t chase a title’ is the career advice that got him there
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knicks
‘Knicks in 6. 2026 NBA Finals’: Why did this New Yorker make a prophecy in his 2020 high school yearbook?

Evan Pfeufer, 23, now in sales, said he took some grief, particularly from his parents, for not using the yearbook space to spotlight achievements.

By Philip Marcelo and The Associated PressJune 10, 2026
platner
Graham Platner easily prevails over attempts to derail progressive Senate candidacy in Maine
By Patrick Whittle, Kimberlee Kruesi and The Associated PressJune 10, 2026
Businesswoman working at desk with laptop and documents in office
Finance teams can’t quit Excel. Workday wants to change that with AI
By Sheryl EstradaJune 10, 2026
Saudi economy redraws ambitions—‘going local’ is the new buzz phrase 
Saudi economy redraws ambitions—‘going local’ is the new buzz phrase 
By Melissa HancockJune 10, 2026
Jamie Laing thinks tomorrow’s Fortune 500 will be built by creators. He might be right 
Jamie Laing thinks tomorrow’s Fortune 500 will be built by creators. He might be right 
By Sam BirchallJune 10, 2026
Health care’s AI dividend is real. The fight now is over who reaps the gains
Health care’s AI dividend is real. The fight now is over who reaps the gains
By Diane BradyJune 10, 2026
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Future of Work
More in Future of Work
Man in a white shirt and jacket.
Marc Lore’s robots make 500 burrito bowls an hour. A human can make 45

The Wonder founder is automating fast-casual food with machines that make salad and poke bowls, sauces, and eventually drinks but there are few roles for humans in these kitchens.

By Amanda GerutJune 9, 2026
AI isn’t replacing Hyatt’s salespeople—it’s freeing up a full day of work every week, according to the CEO

As companies move beyond AI pilots, Hyatt says the technology is delivering measurable business results.

By Sharon GoldmanJune 9, 2026
Palantir CEO Alex Karp says executives who brag about their AI cuts might as well ‘sign up for the Bernie Sanders manifesto’

Billionaire Palantir CEO Alex Karp has a message for Silicon Valley executives touting AI-driven job cuts: Don’t be surprised if workers turn against you.

By Preston ForeJune 9, 2026
The AI industry spent years chasing bigger models. Now it’s chasing efficiency

After years of pursuing ever larger models, AI leaders are increasingly focused on efficiency, adaptability, and the rising cost of inference.

By Sharon GoldmanJune 9, 2026
More in Future of Work
Success
More in Success
penn
‘I’m not focused on names at all’: Rumors of Trump Station replacing Penn Station in New York batted aside

A dramatic new vision for the transit hub calls for a return to the old grandeur of the station, with Roman-style columns and 50-foot ceilings.

By Philip Marcelo and The Associated PressJune 9, 2026
Stephen Schwarzman’s grandfather inspired the Blackstone billionaire’s philanthropy: It was ‘his privilege to help others in need’

Blackstone billionaire Stephen Schwarzman has given over $1 billion to charity. He credits his grandfather—and now plans a top-10 AI-focused foundation.

By Sydney LakeJune 9, 2026
Around 22 million teenagers are making their pocket money on video games, online reselling, and in-game platforms like Roblox

The Gen Alpha are making money from their online hobbies and managing multiple streams of income from just 13 years old.

By Emma BurleighJune 9, 2026
One of America’s greatest historians just died at 92 after being hit by a car in a supermarket parking lot

Gordon S. Wood, professor emeritus at Brown University, wrote prize-winning works including “The Radicalism of the American Revolution.”

By Hillel Italie and The Associated PressJune 9, 2026
More in Success
C-Suite
More in C-Suite
Xbox CEO Asha Sharma speaks on stage at Fortune Brainstorm Tech 2026.
‘Not an Allbirds Moment’: Xbox’s new CEO says she is grounding the console in gaming roots, not AI

Since stepping into the Xbox CEO role, Asha Sharma has preached a “return of Xbox.”

By Sebastian HerreraJune 9, 2026
BP’s new CEO Meg O’Neill rips up the energy giant’s playbook—and the ‘green’ era with it

O’Neill, who took over on April 1, is the only woman to serve as CEO of a traditional Big Oil supermajor in Europe or the U.S.

By Jordan BlumJune 9, 2026
Opening offices in 120 countries is ‘not a badge of honor’—pick 30 instead says iconic former tech CEO

Meg Whitman, former head of eBay and HP, and Tubi CEO Anjali Sud offered advice on how to scale a company.

By Jeff John RobertsJune 9, 2026
‘Getting control where we can’: Europe wants sovereign AI, but most of the chips are from the U.S.

At Fortune Brainstorm Tech, Mistral’s Timothée Lacroix made the case for European control over the AI stack.

By Amanda GerutJune 9, 2026
More in C-Suite
Workplace Culture
More in Workplace Culture
Reward or threat? Omnisend offers quarterly raises for employees who use AI to drive business impact—and says those who don’t will get left behind
Reward or threat? Omnisend offers quarterly raises for employees who use AI to drive business impact—and says those who don’t will get left behind

For Q1, the first quarter with the initiative in place, just over half of the company’s 246 employees qualified and received raises between 2% and 4% so far.

By Sage LazzaroJune 9, 2026
AI agents are flattening corporate hierarchies. Here’s how companies—and managers—can develop a new playbook

Around 41% of employees say their companies trimmed management layers last year, according to Korn Ferry.

By Sharon GoldmanJune 9, 2026
Gen Z hiring manager says boomer bosses are right about her generation’s ‘attitude’ problem after a candidate took the interview from her phone

“Gen Z aren’t getting jobs because of their attitude,” a Gen Z hiring manager slams after one applicant dialed in from their phone and demanded more money.

By Orianna Rosa RoyleJune 9, 2026
This CEO says he’s helping journalists double their salaries by going to work for brands. But is it journalism—and does it matter?

Stacker CEO Noah Greenberg helps “brand journalists” distribute their content into newsrooms and platforms across the media. But is it journalism?

By Nick LichtenbergJune 9, 2026
More in Workplace Culture
Latest Stories
Kevin Warsh (L) shakes hands with U.S. President Donald Trump after being sworn in as the new Chairman of the Federal Reserve in the East Room of the White House on May 22, 2026 in Washington, DC.
EconomyInflation is back above 4% for the first time since 2023—but Kevin Warsh might catch a break
By Eva RoytburgJune 10, 2026
swiss
EuropeSwitzerland to cast world’s first ever vote on whether to cap population
By Jamey Keaten and The Associated PressJune 10, 2026
Top CD rates from major banks on June 10, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Personal FinanceTop CD rates from major banks on June 10, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerJune 10, 2026
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Personal FinanceCurrent price of Ethereum for June 10, 2026
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Current price of Bitcoin for June 10, 2026
Personal FinanceCurrent price of Bitcoin for June 10, 2026
By Joseph HostetlerJune 10, 2026
Current price of gold as of June 10, 2026
Personal FinanceCurrent price of gold as of June 10, 2026
By Danny BakstJune 10, 2026
Current price of oil as of June 10, 2026
Personal FinanceCurrent price of oil as of June 10, 2026
By Joseph HostetlerJune 10, 2026
Current price of silver as of Wednesday, June 10, 2026
Personal FinanceCurrent price of silver as of Wednesday, June 10, 2026
By Joseph HostetlerJune 10, 2026
More LeadershipPage 23 of 100
Tim Cook’s exit is part of a CEO reckoning sweeping Corporate America
NewslettersTim Cook’s exit is part of a CEO reckoning sweeping Corporate America
By Diane BradyApril 21, 2026
  • Business colleagues meeting in modern conference room
    Workplace CultureThe power has swung back to employers—and workers are paying for it in benefits, flexibility, and leverage
    By Marco Quiroz-GutierrezApril 17, 2026
Photo of (left to right) Jeff Bezos, Lauren Sánchez, Cris Abrego, and Eva Longoria
SuccessJeff Bezos once gave Eva Longoria and the admiral behind Osama bin Laden’s capture $100 million—but she says you don’t need wealth to give back
By Orianna Rosa RoyleApril 21, 2026
A top Blackstone executive is becoming an unlikely LinkedIn star thanks to his running videos
MagazineA top Blackstone executive is becoming an unlikely LinkedIn star thanks to his running videos
By Rachel VentrescaApril 21, 2026
Hillhouse-backed Ascentium buys fellow business services firm Dezan Shira, as the platform tries to ride China’s surge in outbound investment
AsiaHillhouse-backed Ascentium buys fellow business services firm Dezan Shira, as the platform tries to ride China’s surge in outbound investment
By Nicholas GordonApril 20, 2026
ternus
CommentaryThis Apple doesn’t fall far from the tree: Tim Cook is leaving at a peak and John Ternus is exactly the right CEO for the AI era
By Jeffrey Sonnenfeld and Steven TianApril 20, 2026
Nike’s ‘Walkers Tolerated’ sign at the Boston Marathon was meant to fire up runners. Instead, it insulted them
RetailNike’s ‘Walkers Tolerated’ sign at the Boston Marathon was meant to fire up runners. Instead, it insulted them
By Phil WahbaApril 20, 2026
  • Jack Dorsey, the CEO of Block
    SuccessTwitter cofounder Jack Dorsey breaks down his thought process when he laid off 40% of his Block staff because of AI
    By Emma BurleighApril 17, 2026
Fermi Inc. cofounders Toby Neugebauer, left, and former Texas Gov. Rick Perry, right, mark their Nasdaq IPO in early October for their AI power company plans.
EnergyStruggling AI power startup Fermi loses its CEO and CFO for ‘2.0’ reset
By Jordan BlumApril 20, 2026
John Ternus stands in front of an Apple Store
Big TechMeet John Ternus, the 51-year-old former swimming champ who will succeed Tim Cook as Apple CEO
By Dave Smith and Fortune EditorsApril 20, 2026
Apple CEO Tim Cook is stepping down, and hardware boss John Ternus will be the new CEO
Big TechApple CEO Tim Cook is stepping down, and hardware boss John Ternus will be the new CEO
By Alexei OreskovicApril 20, 2026
Ford CEO says Tesla doesn’t have an ‘updated vehicle,’ and now he’s pivoting to catch up with his real competitor: China’s BYD
North AmericaFord CEO says Tesla doesn’t have an ‘updated vehicle,’ and now he’s pivoting to catch up with his real competitor: China’s BYD
By Marco Quiroz-GutierrezApril 20, 2026
electrician
EconomyThis talent CEO says laid-off tech workers are ignoring a $300K ‘white-collar trade job’ with 81K openings a year
By Jake AngeloApril 20, 2026
  • She learned accounting before she was a teenager. Now she’s bringing Wall Street to the blockchain
    NewslettersShe learned accounting before she was a teenager. Now she’s bringing Wall Street to the blockchain
    By Sheryl EstradaApril 17, 2026
Connie and Steve Ballmer pose and smile
SuccessBillionaire Connie Ballmer just donated $80 million to support NPR after Trump cut $1.1 billion from public broadcasting
By Jacqueline MunisApril 20, 2026
Nvidia CEO Jensen Huang
SuccessNvidia CEO says that AI agents will make workers busier than ever—they’ll ‘harass’ and ‘micromanage’ you, instead of take your job
By Emma BurleighApril 20, 2026
Businessman being fired by company downsizing carrying a box of personal items
NewslettersThe AI layoff trap: How cutting headcount could backfire on corporate America
By Kristin StollerApril 20, 2026
The hidden ROI of AI: What leaders should actually measure
AIThe hidden ROI of AI: What leaders should actually measure
By Beena Ammanath and Jim RowanApril 20, 2026
How Carvana survived a 99% stock plunge: ‘We’re very comfortable being the underdog’
C-SuiteHow Carvana survived a 99% stock plunge: ‘We’re very comfortable being the underdog’
By Ruth UmohApril 20, 2026
Cisco’s John Chambers lived through the dot-com crash. He says the AI bubble is harder to navigate
NewslettersCisco’s John Chambers lived through the dot-com crash. He says the AI bubble is harder to navigate
By Diane BradyApril 20, 2026
elon musk
Future of WorkElon Musk bans résumés and cover letters in hiring for his chip team. These are the 3 bullet points he’s looking for instead
By Jake AngeloApril 19, 2026
Photo of Robert Solow
AIThousands of CEOs admit AI had no impact on employment or productivity—and it has economists resurrecting a paradox from 40 years ago
By Sasha RogelbergApril 19, 2026
stressed student and parent
SuccessParents are so panicked about the job market they’re paying career coaches $15,000 years before their kids graduate from college
By Jake AngeloApril 19, 2026
Fortune Archives: What work will be left for people to do?
NewslettersFortune Archives: What work will be left for people to do?
By Geoff ColvinApril 19, 2026
imas
AIThe economist who was terrified of AI just found a rare reason for hope
By Nick LichtenbergApril 19, 2026
Nvidia CEO Jensen Huang (Left) and Airbnb CEO Brian Chesky (Right)
SuccessJensen Huang bans one-on-one meetings, and Airbnb’s Brian Chesky doesn’t use email—meet the CEOs with unconventional work-life rules
By Emma BurleighApril 19, 2026
MacKenzie Scott
SuccessMacKenzie Scott has donated more than $26 billion—but it’s barely made a dent in her net worth because of the power of Amazon shares
By Sydney LakeApril 18, 2026
Steve Jobs
SuccessZillow’s CEO says his friends were shocked when he quit a cushy Microsoft job—but Steve Jobs led to his success at the $10.5 billion real estate firm
By Emma BurleighApril 18, 2026
George W. Bush in the White House press briefing room with Dana Perino
SuccessDana Perino was terrified to leave the White House — until George W. Bush changed how she thinks about her career
By Preston ForeApril 18, 2026
Family members sitting on a sofa together
Economy‘We should absolutely be concerned about noncollege-educated men today’: higher rents, living at home, falling out of the labor market
By Catherina GioinoApril 18, 2026
United CEO Scott Kirby and American CEO Robert Isom were once colleagues known as ‘the dream team.’ Now Kirby wants to acquire his rival
C-SuiteUnited CEO Scott Kirby and American CEO Robert Isom were once colleagues known as ‘the dream team.’ Now Kirby wants to acquire his rival
By Shawn TullyApril 18, 2026
dario
AIWhite House chief of staff to meet with Anthropic CEO about dangerous new Mythos model, official says
By Josh Boak, Matt O'Brien and The Associated PressApril 17, 2026
Karen Carter
C-SuiteFortune 500 Power Moves: Which executives gained and lost power, April 11-17, 2026
By Fortune EditorsApril 17, 2026
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Asia
Pentagon accuses Alibaba, Baidu and BYD, three of China's biggest companies, of supporting the Chinese militaryplaceholder alt text
By Kate O'Keeffe and BloombergJune 8, 2026
Economy
'We are rapidly running out of time': Watchdog sounds Social Security alarm after 22% cut confirmed for 2032placeholder alt text
By Nick LichtenbergJune 9, 2026
Success
Costco CEO Ron Vachris rose from forklift driver to the C-suite without a college degree: ‘Don’t chase a title’ is the career advice that got him thereplaceholder alt text
By Preston ForeJune 8, 2026
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