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90 days, dozens of interviews, billions on the line: Inside Blackstone’s CEO search process for its 250 companies
The CEO candidate seemed like a perfect fit. Blackstone, the private equity titan, had acquired a real estate company and was searching for the ideal leader to helm it. The…
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Oil climbs and stock futures drop as fuel shortages spread while Trump makes series of apocalyptic threats against Iran ahead of moving deadline
After stocks notched the first positive week since the U.S.-Israel war on Iran started over a month ago, Wall Street is weighing another round of threats and the latest deadline…
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A CIA deception campaign in Iran helped the spy agency uncover the location of the downed F-15 airman, who was hiding in a mountain crevice
The United States pulled off a daring rescue of two aviators whose fighter jet was shot down by Iran, plucking the pilot from behind enemy lines before setting off a…
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‘Super Mario’ fans ignore weak reviews and send sequel to $372.5 million global box office debut, biggest opening of the year for a studio film
Mixed reviews didn’t dissuade mass audiences from buying tickets to the “The Super Mario Galaxy Movie,” which scored the biggest opening of the year for a Hollywood movie. The Illumination and Nintendo…
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Russia’s key Baltic port resumes crude loading after attacks
Russia’s key Baltic port of Ust-Luga resumed crude loading after days of disruptions amid multiple Ukrainian drone attacks in the region. The Jewel, an Aframax-class vessel, started a cargo loading…
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Even if Iran’s regime outlasts Trump, it may not survive reconstruction of the shattered economy, Mideast expert says
Tehran has been embolden by its ability to maintain tight control over the Strait of Hormuz and its own population. But even if the regime survives the war against the…
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High taxes, over-regulation and risk aversion are strangling the UK economy, experts say
In the 1800s, the United Kingdom was clearly the richest country in the world, with consistent, solid economic growth, a focus on science and engineering, plus all the benefits of…
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Where gas prices are rising fastest as Trump issues fresh warning to Iran
Gas prices are continuing to climb as the ongoing conflict with Iran drives up crude oil costs, pushing prices higher at the pump nationwide. The national average now stands at…
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Trump risks confidence in U.S. role as guardian of global shipping
Of all the things Donald Trump has done to disrupt global commerce, from levying punitive tariffs to tearing up trade deals, few would be as consequential as withdrawing and leaving…
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The U.S. military set up an improvised airfield deep inside Iran to rescue the F-15 airman. Marines just practiced building one in the desert
The dramatic rescue of the F-15 weapons system officer who was shot down over Iran required the U.S. military to set up an improvised airfield deep inside the country in…
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During the rescue of the F-15 airman in Iran, the U.S. military blew up two of its own transport planes that had to be left behind
President Donald Trump announced early Sunday that the U.S. had rescued an aviator nearly two days after he was shot down over Iran. The extraction came after a frantic search in what…
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Trump vows to strike Iran’s power plants and bridges if Hormuz isn’t open by Tuesday as Kuwait says attack put water desalination plant offline
U.S. President Donald Trump on Sunday made new, expletive-laden threats to escalate strikes on Iran and its infrastructure if it doesn’t open the Strait of Hormuz by his deadline, after American forces…
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Screenwriters union and Hollywood studios reach a surprise deal after just 3 weeks of talks that’s longer than typical agreements
The screenwriters union and Hollywood studios reached a surprise four-year tentative agreement after roughly three weeks of negotiation. The Writers Guild of America West said on X that its negotiating…
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Delta started sharing profits with its 100,000 employees two decades ago. CEO Ed Bastian says shareholders love it
For Delta employees, Valentine’s Day lately has come with a little something extra: a bigger paycheck, thanks to Delta’s now robust profit-sharing program. The payout is sizeable: this year, Delta…
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Artemis II’s toilet is on the blink again, forcing astronauts to use more backup collection bags as odor fills capsule
Now more than halfway to the moon, the Artemis II astronauts prepared for their historic lunar fly-around to push deeper into space than even the Apollo astronauts. On the downside, their toilet is on…
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San Francisco becomes first US city where diesel prices top $8 a gallon
For the first time on record, average diesel prices in San Francisco have surged past $8 per gallon, according to new data from GasBuddy—marking an unprecedented milestone for any U.S.…
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Netflix cofounder says he stopped work at 5 p.m. every Tuesday for 30 years to stay ‘sane,’ no matter the crisis: ‘Nothing got in the way of that’
Business leaders love to debate the myth of work-life balance. But for Netflix cofounder Marc Randolph, the rule was simple: every Tuesday at 5 p.m., he walked out—no matter what.…
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The corporate ‘storyteller’ is marketing’s newest messiah—and just as hollow as every buzzword before it
Branding and marketing executives have always loved nothing more than seizing the latest, abstraction that can somehow bend the ever-changing Zeitgeist to their favor and tell a tale, full of sound and…
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AI angst mutates into ‘FOBO’ as Fear of Becoming Obsolete takes over American workforces
There’s a new acronym reshaping how workers think about their careers: FOBO — the Fear of Becoming Obsolete. Unlike traditional job insecurity, FOBO isn’t about getting fired. It’s about becoming…
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Caffeine without the guilt: How Cambio Roasters is winning the war on single-use plastic coffee pods
Cambio Roasters has put together a “dream team” with experience working in the C-suites of some of the biggest names in the food and beverage industries with the goal of…
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Jamie Dimon’s reality check for ambitious workers: ‘There’s going to be a grunt part to every part of a job. Get over it’
JPMorgan Chase CEO Jamie Dimon didn’t mince words in his message to workers: Get over the fact that work is hard. Speaking with Patricia Devine, JPMorgan’s global head of corporate…
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Meet a former VC who has a plan to prepare American students for an AI-disrupted future
American schools are at a crossroads. Artificial intelligence companies say their technology will completely reshape the workforce, and no one knows how, as the definition of career readiness is being…
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Auto industry trade group urges feds to scrap gas tax and replace it with a vehicle weight fee
The leader of a trade group that represents most major automakers called on the federal government to eliminate its gasoline tax and replace it with a vehicle fee to finance road…
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Your neighbor just got a home security system, but should you be worried? ‘It’s inherently a little creepy’ says surveillance expert
Picture this: your neighbor installs a new doorbell camera, maybe two. One faces their driveway, and the other has a pretty clear view of your front yard. They didn’t ask,…
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The billion-dollar bet that turned insurance into entertainment
Here is the paradox at the center of the American insurance industry: the companies that dominate market share today got there not by explaining what they sell, but by refusing…
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Meet the Gen Z grads reviving accounting—colleges are reporting near-perfect placement rates at $80K starting salaries
Amid record anxiety about the future of work—and growing warnings about the potential erosion of white-collar careers—one unlikely field may be getting the last laugh. Accounting, long stereotyped as dull…
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How Corporate Natalie turned a $500 brand deal into a creator empire—and her own agency
When Natalie Marshall, better known as Corporate Natalie, landed her first brand deal (a sponsored post for Twisted Tea), she made $500 and felt invincible. “I was like, I am…
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I’m a VC who bets on AI. What keeps me up at night isn’t the idea of these companies failing—quite the opposite
I’m going to be honest about something most VCs won’t say out loud: what keeps me up at night isn’t that the AI companies I back will fail. It’s that…
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The founder of a $2.5 million AI-powered legal business started work at her DA’s office at just 12 years old
The average worker will switch jobs six times before they hit their mid-20’s, in pursuit of bigger paychecks and a career they find fulfilling. Others find their true calling much…
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‘It’s shocking how poorly prepared the administration is’: DOGE gutted major energy personnel who warn the U.S. has lost key insights amid Iran war
About six months before the first U.S.-Israeli attack on Iran, the Trump administration gutted the Bureau of Energy Resources (ENR), an 80-person team within the State Department tasked with leading…
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U.S. airman from F-15 shot down by Iran has been rescued in mountainous region after frantic search involving ‘dozens of aircraft,’ Trump says
A U.S. service member who has been missing since Iran shot down a fighter jet has been rescued, President Donald Trump wrote in a social media post early Sunday. A…
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Meet Gerry Cardinale, the investor backing Skydance Media’s bid to buy Paramount
Good morning, everyone. Fortune reporter Paolo Confino here, in for Diane Brady. Over the last decade, tech has disrupted Hollywood the same way it has other industries, as streaming ravaged…
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The billionaires and CEOs panicking about Zohran Mamdani are wrong about Gen Z
Sebastian Leon Martinez had pounded the pavement for New York City mayoral candidate Zohran Mamdani from frigid 23-degree cold snaps in January to the 100-degree day in June when the…
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Gen Z are already more bullish than millennials about early retirement—and many think they can quit work for good with just $500,000
Retirement may be a long way away for Gen Z and millennials, but they’re already ambitiously planning the seven-figure sum they’ll need to be able to kick their feet up…
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Trump calms markets to fight longer and always uses the military assets he deploys as more combat power heads to Iran, Mideast expert says
President Donald Trump has alternated between threats to obliterate Iran’s economy and claims that the U.S. is in talks with the regime, giving investors whiplash as Wall Street tries to…
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Labor market turns upside down as the economy can shed jobs and still keep unemployment low amid immigration reversal
The most closely watched U.S. economic indicators have turned upside down as President Donald Trump’s immigration crackdown sends the labor force into reverse. According to a report from Dallas Fed…
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Iran says Iraqi ships are allowed to use Strait of Hormuz
The Iranian military said major oil producer Iraq is exempt from shipping restrictions in the Strait of Hormuz, a potentially significant move for global crude supplies. “Brotherly Iraq is exempt…
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U.S. deploys bulk of stealthy long-range missile for Iran war
The next steps in the US military campaign against Iran will commit nearly its entire inventory of stealthy JASSM-ER cruise missiles, drawing them from stockpiles devoted to other regions. The…
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Trump warns Iran it has 48 hours left as airman remains missing
President Donald Trump said Saturday that time was running out on his 10-day deadline for Iran to make a peace deal with the US and threatened that the Islamic Republic…
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Ryanair CEO says book summer trips before fares soar, predicting French air traffic controllers more likely to cause flight chaos than fuel shortages
If the U.S.-Israel war on Iran continues into the summer, then airlines will start running out of jet fuel and will be forced to trim flights, according to Ryanair CEO…
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With no missile alerts and a regime’s internet blackout, app offers lifeline to Iranian civilians
As the U.S. and Israel round out a fifth week of war with Iran, some 93 million civilians living inside Iran are stuck in a conflict zone without a missile…
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