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fortune.com
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Scott's unrestricted gifts to 16 California public institutions now move campus budgets more than the deficits those campuses were managing. That is a governance question, not a fundraising one.
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A generation with 20% of the population owns more than half of US household wealth, but the top decile holds 71% of it and the average boomer carries $92,619 in debt.
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A PredictIt executive says the CFTC-versus-states fight could reach the Supreme Court as soon as November, with a ruling next June. That is not a glide path. It is a coin flip with a date on it.
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Amazon says drone delivery reaches nearly 500 US cities and towns by end-2026, from 11 sites today. Uber and DoorDash are now committing too, on volumes that remain rounding errors.
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WNBA players won the biggest pay jump in U.S. pro sports history, taking the average salary to $564,000. Anyone pricing a women's sports asset is now underwriting a different business.
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The earliest recorded harvest opened Aug. 12 to Aug. 17, after spring frost took 43% of potential production. One 40-hectare house needs 120 pickers for nine days.
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A new scenario model puts household numbers on the fiscal path: $53,000 in extra lifetime mortgage payments for a 2031 buyer, and a $705 monthly hole for retirees by 2033.
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Blackburn and Blumenthal cite a sealed 2023 document showing TikTok withheld an anti-echo-chamber safeguard from 10% of US users, and they want a list of every other such test.
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A review of public disclosures from five AI labs found detection running ahead of containment. In the incidents disclosed so far, the parties absorbing the damage were third parties.
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A board-led probe found no evidence current management knew of an alleged Nvidia chip smuggling ring. The DOJ, an SDNY grand jury, the SEC and Taiwanese authorities have not finished.
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A $320 million Series H values the payments company at $11 billion on an autonomous-finance story. Its president says it is still "not the best time" for an IPO.
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North Carolina, Wisconsin, Louisiana and Connecticut are routing tax dollars and betting revenue into athletic budgets. The federal bill meant to impose guardrails does not restrain them.
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Trump told operators the jobs and taxes are enormous. The Senate Republicans' own campaign arm told candidates the issue is an anchor around a sitting senator's neck.
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The Ackman Oxman Institute is anchored in Pershing Square stock, housed in discounted Manhattan lab space, and structured to hire the researchers elite universities can no longer hold.
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US dealership service and parts sales hit $164.6 billion last year, up 48% in five years, while average profit per public store sits well below its 2022 peak.
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An Aug. 17 note says political backlash to data centers must be underwritten like land, power or labor. That reclassifies siting risk from a communications expense into an underwriting input.
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Moderna shares rose more than 100% after the melanoma Phase 3 hit, and a co-founder's net worth went from $730 million to $1.7 billion. The wealth number is a risk gauge, not a story.
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Named investors told Fortune that 10 to 20 percent of their portfolios now sit in a vulnerable bucket beyond normal mortality, and that only licenses and hard data look insulated.
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A former engineering director testified that Instagram ran a "don't ask, don't tell" approach to under-13 users and graded staff on engagement. Twenty-five more state trials follow.
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Heidi Overton would arrive at the FDA from the White House Domestic Policy Council, with a political record rather than a regulatory one. Plan submissions for priorities set from outside the building.
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The retailer booked nearly $1 billion back after the Supreme Court struck down Trump's import taxes. Its CFO points to price cuts, but the disclosure so far is thinner than the number.
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A 2026 JAMA Surgery analysis shows surgical obesity care losing a third of its volume in two years. The spend has not vanished; it has moved to the pharmacy benefit, where coverage decides who gets treated.
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The National Assembly named Steve Hanke special adviser and told him to write a full dollarization law. He puts the odds of passage at 50% to 80%.
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Fortune argues that as frontier models converge, advantage goes to whoever funds and runs infrastructure most cheaply. That makes capital structure the variable investors have to underwrite.
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Venezuela's new petroleum minister pitched 916 exploration opportunities and 192 trillion cubic feet of gas. The names on paper so far are Hunt Oil and SLB.
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A year after CGTrader let sellers list AI-generated 3D models, they are a sixth of uploads and 2.6% of sales. Supply was the easy part; demand did not follow.
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A Pearl Meyer survey of 116 leaders finds accountability for AI looks clearest to the people furthest from the work, at a moment when Gartner puts this year's AI spend at $2.5 trillion.
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A labor economist's survey puts just under 57 million people in jobs with no career track and no security. The largest category is not contractors or gig drivers but ordinary employees.
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Yum Brands rebuilt Pizza Hut's order sequencing so cooks start when a driver is nearly certain to be free. The payoff is hotter food, and a lesson in where enterprise AI money actually returns.
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The New World screwworm's first US crossing in 60 years shut the border to cattle movements. The sterile-fly plant that is supposed to fix it does not open until April 2027.
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Dominic Barton says the diplomats who used to telegraph trade shocks have been replaced by social media posts, and that companies should be re-planning debt, data and incorporation around it.
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ABC, Disney and eight owned stations sued the FCC on First Amendment grounds to halt an early license review the network says is retaliation for its speech.
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American will put 4K screens at every seat on new narrowbodies from 2028 and add premium seats fleetwide. The driver is a profit gap CNBC puts at about $3bn to United and nearly $5bn to Delta.
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Amazon booked about $640 million and has offered little back. FedEx is holding roughly $800 million for customers. The split tracks how the duty was billed, not how firms talk about value.
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Abu Dhabi suspended trade and financial transactions with Tehran until further notice. That shuts a channel supplying more than 30% of Iranian imports, most of it third countries' goods.
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A Utah keto ice cream maker sold at Target, Kroger and Walmart listed $13.78 million in assets against $23.85 million in liabilities weeks after a judge found it copied Van Leeuwen's pints.
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Thirty-year Treasuries near 5.3%, a level unseen since 2007, are tightening conditions without help from the Fed. People who sat beside Kevin Warsh say he will notice and not react.
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Refunded IEEPA duties are landing in retailers' accounts as lump sums, but at Home Depot inflation and acquisition mix consumed most of the benefit before it reached the margin line.
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The 10-year sits at 4.696% and the 30-year at 5.284%, both through the markers the Treasury Secretary was defending. The long end is pricing credibility, not the next rate decision.
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The exchange took an ADGM permission to arrange deals and custody tokenized securities. That is real plumbing, but the case for the UAE as the default institutional base still rests on licence counts.
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Fortune reports a tax logic under the Thrive founder's franchise purchase. On one analyst's allocation estimate, the deal implies roughly $750 million a year of deductible amortization.
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An ADGM permission to arrange deals and hold digital assets turns tokenization talk into a supervised product line. What is still missing is an issuer list and a date.
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The Nevada Transportation Authority approved 0.2% of Tesla's requested fleet and kept a human supervision requirement Tesla has already dropped in Austin. Regulators, not software, set the ramp.
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UnitedHealth says it will vigorously contest IRS notices covering 2017 through 2020. Coca-Cola's $529 million reserve against a possible $20 billion bill shows why disclosure is not sizing.
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Steve Hanke says a "deadly cocktail" has pushed Treasury yields through the informal 4.5% and 5% markers Scott Bessent defends, and he expects another 50 basis points on the 10-year.
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Trian has lined up BlueFive Capital and Flynn Group for a possible take-private after a sixth straight quarterly sales decline. Traffic fell 12.5% in the second quarter.
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Sea Legend Line's new Northern Sea Route service halves Suez transit times, but the corridor carried 23 container ships last year and runs on Russian permits.
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The largest deal in ServiceNow's history cost about 4% of its market cap and bought it a story investors would pay for. Security buyers should read the consolidation signal.
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The public fight is billed as one about regulatory capture. The operative question is cost incidence, and one lab just showed what an unlegislated security bill looks like.
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Financial controls, accounting and audit rank first in Heidrick & Struggles' 2026 Skills Index. No AI-specific skill makes the top 15 at all.
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The 13-to-17 tier blocks romantic chat, self-harm content and any hint the model has feelings. That list is now the floor for competitors and school buyers.
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Jeanie Buss says a co-trustee veto blocks her siblings from selling the family's last 17.8% to Kushner and Iger. The letter also warns anyone who helps them.
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BloombergNEF tracks 99 on-site gas plants totalling 126 gigawatts. Run at normal rates they would add about a fifth to US power sector emissions, with no utility or grid operator vote.
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The steepest annual decline since 1963 is being credited to most favored nation deals. The contracts are not public, the models are not live, and the index measures pharmacy receipts.
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Washington and Ottawa were still talking on Monday against a 12:01 a.m. Wednesday deadline. Anyone with Canadian inventory in transit had to price both outcomes before knowing either.
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The complaint against The Spaventa Group is not really about fake stock. It is about undisclosed spread, which makes it a problem for anyone sourcing AI-era private allocations.
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Opening arguments in the 29-state child-privacy case against Meta begin Tuesday in California, with a penalty range the two sides describe seven times apart.
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Built-to-order homes hit 73% of net orders, up from 57%, in a quarter when revenue fell 27% and earnings fell 75%. The mix shift is a margin defence, not a demand story.
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John Doerr put in $7.5 million and Chris Larsen $10 million against a one-time 5% wealth tax. Measured against what the measure would cost them, that is cheap insurance.
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Iran wants a per-barrel fee for passage through the Strait of Hormuz, and the three main scenarios on offer all end with someone paying. Freight models built on mean reversion are the exposure.
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