Tech
On a crucial earnings call, Musk reminds the world Tesla is a tech company. ‘Even if I’m kidnapped by aliens tomorrow, Tesla will solve autonomy’
After a dismal quarter for Tesla, CEO Elon Musk tried to reassure investors the company’s real value was its effort to perfect self-driving cars.
April 23, 2024
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- Eye on AIAI will change the world. But that doesn’t mean investors will get rich in the process
- Data Sheet4 things to watch in tech earnings
- Fortune CryptoNew York Stock Exchange takes closer look at 24/7 trading—spurred in part by crypto
- BroadsheetNelly Korda’s historic winning streak gives women’s golf its ‘Caitlin Clark moment’
- CHRO DailyEmployees are using up their vacation and sick days to avoid their toxic workplace
- Term SheetExclusive: Behind Genius Ventures raises its second fund at $8.9 million
From the magazine
Magazine
How the oil earnings of Saudi Aramco, the world’s most profitable company, are helping the Saudi monarchy shake up the global economic order
The oil giant has generated $722 billion in profit since 2016, funding everything from stakes in Tesla and Uber to new mega-cities in the desert.
April 4, 2024
Commentary
- FinanceI’m a venture capitalist, and here’s why I believe we need to guarantee everyone’s basic needs: The social floor is actually a trampoline that can propel our economy
- sportsSports leagues thought they hit the jackpot by partnering with the betting industry–but gambling scandals are turning Americans against them
- TechH1-B visas are the lifeblood of U.S. tech innovation–and the shortcut to semiconductor supremacy
- criminal justice reformSecond Chance Month is a failed promise for former inmates. Here’s how we can fix that
- BoeingHow to fix Boeing, according to a former Airbus technology chief
- Gen ZGen Zers are puzzling the American workplace. To understand them, look at the pre-war generation, not millennials
Topics
Environment
Traces of bird flu found in pasteurized milk, FDA says, with virus traveling from birds, to cattle, to humans, and chickens
Baltimore officials plan to open a deeper channel in port to release ships trapped in harbor
Oprah Winfrey and Dwayne Johnson donate more than $10m they pledged for Maui wildfire survivors as 8,100 people get checks from People’s Fund
Finance
Tesla may have found itself a lifejacket—but its rocky ride following job and price cuts across Europe isn’t over yet
New Jersey is pushing local telecommuters who work for New York companies to appeal their Empire State tax bills. Connecticut may be next
Chinese suppliers shrug off U.S. tariff threats as customers flock to their cheap goods: ‘Even a 50% tariff won’t come close to driving them away’
Health
Mexico’s meth trade has become so lucrative it is exporting the drugs as far away as Hong Kong and Australia
America’s health system is still in crisis after its biggest cyberattack ever—but the ‘catastrophe’ is just a blip for the giant company that got hacked
Céline Dion says she may never tour again amid battle with stiff person syndrome. Here’s what to know
Leadership
TikTok parent edges closer to being forced to sell or face a ban after Senate vote
On a crucial earnings call, Musk reminds the world Tesla is a tech company. ‘Even if I’m kidnapped by aliens tomorrow, Tesla will solve autonomy’
Investors are losing faith in Ray Dalio’s risk strategy after a lackluster five-year run, and pulling out their cash—’it’s been disappointing for a long time’
Lifestyle
A celebration of diversity, national pride, and the power of pop and glitter – here’s a guide to all things Eurovision
Japanese ‘sugar baby’ sent to prison for swindling men out of $1 million and selling a guide on how to do it: ‘She took advantage of feelings for her’
Meet the four types of millennials, from the Great Recession–blighted set to the ‘peak’ of the generation
Personal Finance
A 60-year-old worker in Texas says she’s dependent on apps that let her get paid early: ‘They get you hooked on having that money’
Nvidia will soar 21% to $1,000 as its new AI chip slams would-be rivals, Morgan Stanley says. It’s among 10 stocks set to surge
Sports leagues thought they hit the jackpot by partnering with the betting industry–but gambling scandals are turning Americans against them
Politics
Senate easily passes $95bn aid bill for Ukraine, Israel and Taiwan with big bipartisan majority
New Jersey is pushing local telecommuters who work for New York companies to appeal their Empire State tax bills. Connecticut may be next
Sweden gears up for an uncertain future as it invests billions in infrastructure and energy grid defence
Retail
Pret A Manger’s cofounder makes a comeback to the coffee chain’s board amid overhaul as it looks to spill over with 150 new stores globally
A 60-year-old worker in Texas says she’s dependent on apps that let her get paid early: ‘They get you hooked on having that money’
‘Accessible luxury’ owners of Coach and Versace snap at FTC after it sues to block $8.5 billion merger: ‘They don’t understand how consumers shop today’
Success
London is the world’s top talent magnet, eclipsing Amsterdam and New York. Yet it’s this country that beckons most
Biden administration finalizes nationwide ban on noncompetes as Chamber of Commerce vows to fight ‘blatant power grab’
Ex-Googler and Palestinian-American fired for opposing Project Nimbus speaks out: ‘This was not my idea of what the American workplace should be’