It’s become a common pattern over the past few months: A business leader makes an ominous…
Category: Finance News
I watched my father run his business through the Lebanese Civil War. Here’s what it taught me about leading through disruption.
I spent most of the school holidays of my childhood at my father’s office in Beirut.…
Investors endorse Greg Abel—even as Berkshire crowd thins without Warren Buffett as CEO
At Greg Abel’s first annual meeting as Berkshire Hathaway CEO this weekend, the arena was about…
China stopped issuing new robotaxi licenses over a glitch. America can’t stop them from crime scenes
On March 31, over a hundred of Baidu’s Apollo Go robotaxis simultaneously froze on the streets…
Palisades Fire suspect ranted about Luigi Mangione before sparking the deadly blaze
The man accused of sparking the deadly Palisades Fire in Los Angeles was upset that he didn’t have…
‘You could say the ceasefire has ceased’: Iran is back on Wall Street’s radar as oil prices spike 6%
The truce between Iran and the U.S. that has been fraying over the last four weeks…
Top U.S. oil producer declares “green” light on drilling for more oil amid Iran war
A top oil and gas producer in West Texas’ booming Permian Basin declared a “green” light…
Britney Spears pleads guilty to lesser ‘wet reckless’ charge in DUI case to avoid jail time
Britney Spears pleaded guilty through her lawyer Monday to a lesser charge that will allow her to…
Starbucks CEO Brian Niccol, a $9 premium experience, and a divided reacton
Starbucks CEO Brian Niccol is living in two realities this week. On social media, he’s become…
David Sacks says AI now accounts for 75% of US GDP growth
President Donald Trump has framed the current state of the U.S. economy as a “golden age,”…
A United Airlines plane hits a truck and light pole while landing at Newark airport
A United Airlines jet came dangerously close to disaster Sunday when it hit a semitrailer truck and…
The dark side of the American work ethic: widespread sleep deprivation, linked to obesity, depression, even early death
Many Americans are long overdue for a good nap. Their health—and that of the economy—might depend…
BofA throws cold water on AI apocalypse panic: 60% of today’s jobs didn’t exist in 1940
The doomsday crowd may want to check its history books. As fears of an AI-driven jobs…
Goldman: AI will save the economy someday. First, it has to stop inflating it
Artificial intelligence is supposed to be the engine of the next great productivity boom. But before…
Anthropic takes shot at consulting industry in joint venture with Wall Street giants
Anthropic announced Monday that it has partnered with Blackstone, Hellman & Friedman, and Goldman Sachs to…
Millennial nostalgia means box office gold again as ‘Devil Wears Prada 2’ triumphs with $156.6 million global haul
Twenty years after the original, the sequel to “The Devil Wears Prada” made a splash in its first…
Current price of oil as of May 4, 2026
As of 8:45 a.m. Eastern Time today, oil sold for $115.01 per barrel (using Brent as…
China’s unprecedented defiance of U.S. sanctions triggers showdown
China has ordered its companies to ignore U.S. sanctions, an unprecedented act of defiance that threatens…
How Twilio CEO Khozema Shipchandler is turning the company around and beating SaaSpocalypse fears
Good morning. Maybe AI and software can be friends. Twilio CEO Khozema Shipchandler just delivered robust…
Google’s quiet internal war against its anti-military activist employees
Quick note: Subscribe to the forthcoming Fortune Gulf Brief. Every Tuesday, this new newsletter will deliver…
China has a welcome mat for Trump: it just rewrote the rules on U.S. sanctions
President Trump will meet Chairman Xi Jinping in Beijing on May 14–15. Xi Jinping has all the high…
Enbridge aims to help North America win from the AI boom and the Iran war as the FedEx of energy
Call it the FedEx of energy. Calgary-based Enbridge has grown into the largest oil and gas…