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Last Notes

2024-06-20 12:15:10

Boeing 737 Max crash victims' families ask the Justice Department to fine the planemaker $25 billion
https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-2157604904-e1718877910658.jpg?w=2048
That amount is “legally justified and clearly appropriate,” Paul Cassell, an attorney who represents 15 victims’ families, said in a letter sent to the DOJ on Wednesday.
https://fortune.com/2024/06/20/boeing-737-max-crash-victims-families-justice-department-fine-planemaker-25-billion/

2024-06-20 11:45:10

Tropical Storm Alberto—the first named one of the season—leaves 3 dead
https://fortune.com/img-assets/wp-content/uploads/2024/06/AP24171803905147-e1718875163821.jpg?w=2048
Late Wednesday, Alberto was located about 135 miles east of Tampico, Mexico, and about 320 miles south-southeast of Brownsville, Texas.
https://fortune.com/2024/06/20/tropical-storm-alberto-the-first-named-one-of-the-season-leaves-3-dead-but-also-brings-hope-to-a-region-suffering-severe-drought/

2024-06-20 11:30:12

British billionaire Jim Ratcliffe says he’s got ‘more accountants than sporting people’ at Manchester United
https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-2154616272-e1718874462436.jpg?w=2048
“We’ve got more accountants than we’ve got sporting people at Manchester United,” Ratcliffe said.
https://fortune.com/europe/2024/06/20/british-billionaire-jim-ratcliffe-premier-league-manchester-united-future/

2024-06-19 01:00:14

Boeing CEO Dave Calhoun admits 'something went wrong' after a worker who flagged a safety issue got 40 manager calls in a two days
https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-2157615689-e1718749557757.jpg?w=2048
The outgoing CEO tried to persuade a Senate committee that Boeing was serious about safety in the wake of a series of in-flight incidents
https://fortune.com/2024/06/18/boeing-ceo-dave-calhoun-admits-mistakes/

2024-06-19 00:30:12

France's soaring debt could lead to calls to leave the EU, a top bank warns
https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-2147916941-e1718746685230.jpg?w=2048
Far-left and far-right parties from the political fringes have proposed economic plans that centrist figures ripped as excuses to exit the European Union.
https://fortune.com/2024/06/18/france-elections-emmanuel-macron-european-union-debt-economy-inflation-unemployment/

2024-06-18 15:15:10

How we reached profitability by educating Gen Z for free
https://fortune.com/img-assets/wp-content/uploads/2024/06/winx-cofounders-e1718046904675.jpg?w=2048
Gen Z values transparency, education, and authenticity over flashy ads and superficial marketing tactics, says Winx Health cofounder Jamie Norwood.
https://fortune.com/2024/06/18/how-we-reached-profitability-by-educating-gen-z-for-free/

2024-06-17 18:00:16

Get ready to pay more at Waffle House
https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1231458080-e1718633982269.jpg?w=2048
Menu prices are going up as well.
https://fortune.com/2024/06/17/waffle-house-increasing-base-pay-menu-prices/

2024-06-17 14:00:15

U.S. Surgeon General wants Congress to put warning labels on social media just like cigarettes
https://fortune.com/img-assets/wp-content/uploads/2024/06/AP24151074152822-e1718624535878.jpg?w=2048
Dr. Vivek Murthy said that the use of just a warning label wouldn't make social media safe for young people, but would be a part of the steps needed.
https://fortune.com/2024/06/17/us-surgeon-general-congress-warning-labels-social-media-cigarettes/

2024-06-16 21:15:07

The U.S. economy is the most dynamic it's ever been as AI and infrastructure overpower Fed rate hikes, 'Big Short' investor Steve Eisman says
https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-949516740-e1718561182643.jpg?w=2048
"Definitely hold on to your Apple position," he said. "It's too central a figure in the whole story."
https://fortune.com/2024/06/16/us-economy-most-dynamic-ever-ai-infrastructure-apple-big-short-steve-eisman/

2024-06-13 20:00:16

For a South Korean instant noodle brand a first-of-its-kind product recall. Too spicy for Europeans
https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1229484686-e1718299912488.jpg?w=2048
A Danish food regulator pulled three varieties of ramen because the spice levels posed a threat to “children and weak or elderly people.”
https://fortune.com/2024/06/13/ramen-noodles-recalled-denmark-too-spicy-buldak-hot-chili-south-korea/

2024-06-12 23:30:12

Glue on pizza? Google's AI overviews reminiscent of "google bombing" trend
https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1165262276-e1718226309581.jpg?w=2048
Sometimes Google still suggests putting glue on your pizza, as reports about the fallacious advice keep feeding the algorithm.
https://fortune.com/2024/06/12/google-ai-wrong-googlebomb-glue-pizza/

2024-06-12 08:15:09

Succession star Alexander Skarsgård dives into planet-saving startups with new podcast
https://fortune.com/img-assets/wp-content/uploads/2024/06/MixCollage-11-Jun-2024-02-47-PM-8535.jpg?w=2048
Alexander Skarsgård is host of new podcast How We Fix This, highlighting the world's most impressive impact startups.
https://fortune.com/europe/2024/06/12/hollywood-star-alexander-skarsgard-is-spotifys-new-voice-of-conscious-capitalismheres-why-sweden-is-the-world-leader/

2024-06-11 14:15:10

Lurching to the right on migration won’t save Europe’s mainstream parties. Here’s why
https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-2155819191-e1718107239700.jpg?w=2048
Research found that it was socioeconomic factors that determined the switch to the right for rural voters, rather than xenophobia.
https://fortune.com/europe/2024/06/11/lurching-right-migration-europes-mainstream-parties-eu-elections-outcome-politics-economy/

2024-06-11 11:00:15

Baltimore shipping channel closed after Francis Scott Key Bridge collapse finally fully reopens
https://fortune.com/img-assets/wp-content/uploads/2024/06/AP24162827197407-e1718095362353.jpg?w=2048
It comes after a massive cleanup effort as crews removed an estimated 50,000 tons of steel and concrete from the Patapsco River.
https://fortune.com/2024/06/11/baltimore-shipping-channel-closed-francis-scott-key-bridge-collapse-reopens/

2024-06-09 18:00:16

An extremely high-risk, high-reward corner of the bond market is seeing volume soar to record levels
https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1448586501-e1717947088684.jpg?w=2048
May alone witnessed the greatest volume of catastrophe bonds ever sold in a single month.
https://fortune.com/2024/06/09/catastrophe-bond-market-record-volume-sales-hurricane-season-hedge-funds/

2024-06-09 00:30:12

Howard University will return a $1 million donation and cut ties with Sean 'Diddy' Combs
https://fortune.com/img-assets/wp-content/uploads/2024/06/AP24160738273793-e1717885021861.jpg?w=2048
The school is also rescinding an honorary degree that was awarded to Combs and disbanding a scholarship program in his name.
https://fortune.com/2024/06/08/sean-diddy-combs-howard-university-1-million-donation-cassie-video-honorary-degree/

2024-06-09 00:15:07

The S&P 500 is reshuffling: Here are the stocks joining the index—and the stocks getting booted
https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-468267258-e1717883900201.jpg?w=2048
The changes to the S&P 500 are set to go into effect prior to the open of trading on Monday, June 24.
https://fortune.com/2024/06/08/sp500-rebalance-stock-index-kkr-crowdstrike-godaddy-comerica-illumina-robert-half/

2024-06-08 23:00:12

Remember, the U.S. doesn't have to pay off all its debt, and there's an easy way to fix it, Nobel laureate Paul Krugman says
https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1367015834-e1717875328418.jpg?w=2048
"Given the political will, we could resolve debt concerns quite easily."
https://fortune.com/2024/06/08/us-debt-outlook-solution-deficit-tax-revenue-spending-gdp-economy-paul-krugman/

2024-06-08 19:30:09

Jensen Huang created a unique culture at Nvidia that allows the AI chip leader to move 'very, very fast'
https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-2155386276-e1717864348622.jpg?w=2048
Nvidia CEO Jensen Huang organized the company around projects rather than traditional hierarchies.
https://fortune.com/2024/06/08/jensen-huang-nvdia-ceo-management-leadership-organization-culture-ai-chips/

2024-06-08 17:15:07

Elon Musk’s $56 billion Tesla pay package to get ‘no’ vote from Norway’s sovereign wealth fund
https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1853200567-e1717858103419.jpg?w=2048
“We remain concerned about the total size of the award, the structure given performance triggers, dilution, and lack of mitigation of key person risk.”
https://fortune.com/2024/06/08/elon-musk-56-billion-tesla-pay-package-norway-sovereign-wealth-fund/

2024-06-08 17:00:13

Netflix’s ‘secret sauce’ tailors summaries, trailers to fit different tastes and even tries to divine viewers’ moods at any given time
https://fortune.com/img-assets/wp-content/uploads/2024/06/AP24159626022627-e1717856914372.jpg?w=2048
“What they have been doing is pretty ingenious and very, very strategic.”
https://fortune.com/2024/06/08/netflix-tech-secret-sauce-custom-trailers-summaries-different-tastes-viewers-moods/

2024-06-08 13:15:10

American Airlines flight attendants say their pay is so low, they fight for airplane meals to save money and sleep in their cars—and they're ready to strike
https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-2151622648-e1717794605839.jpg?w=2048
American Airlines and their flight attendants’ union will head to Washington for negotiations next week.
https://fortune.com/2024/06/08/american-airlines-flight-attendants-say-their-pay-is-so-low-they-fight-for-airplane-meals-to-save-money-and-sleep-in-their-cars-and-theyre-ready-to-strike/

2024-06-08 12:15:08

Just 5% of the main skills job candidates need today will be the same in three years, McKinsey says
https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-2044493481-1-e1717702265180.jpg?w=2048
“This perfect person you’re looking for to fit the slot you had in mind—that person doesn't exist," one senior partner said.
https://fortune.com/2024/06/08/workforce-outlook-job-candidate-skills-ai-future-mckinsey/

2024-06-08 11:15:07

Docusign CEO says while it’s true Americans work harder than Europeans, maybe Americans aren’t happier
https://fortune.com/img-assets/wp-content/uploads/2024/06/Copy-of-FeatTemplate-46.jpg?w=2048
"There is a balance there between the needs of the company and what employees think is good for them."
https://fortune.com/2024/06/08/allan-thygesen-docusign-ceo-return-to-work-flexibility/

2024-06-08 02:30:12

Nvidia hits $3 trillion, making CEO Jensen Huang richer than Michael Dell
https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1951747162-e1717806081553.jpg?w=2048
Huang, 61, is leading a new wave of tech billionaires
https://fortune.com/2024/06/07/nvidia-hits-3-trillion-jensen-huang-billionaire-dell/

2024-06-08 02:15:10

Tides turn for seafood—more fish were farm-raised than caught in the wild for the first time ever
https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1200730777-e1717804867670.jpg?w=2048
Some 90% of aquatic animals that are farmed or fished go to human consumption, per the UN.
https://fortune.com/2024/06/07/seafood-fish-farm-raised-than-caught/

2024-06-08 02:00:15

Kia recalls 463,000 Telluride SUVs that could catch fire and cautions drivers to park outdoors
https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1239963812-e1717804097648.jpg?w=2048
People may notice a burning or melting smell, or see smoke rising from underneath the seat.
https://fortune.com/2024/06/07/kia-recalls-463000-telluride-suvs-fire-risk/

2024-06-08 00:45:09

Fear and loathing in Los Angeles over AI. But it doesn’t have to be this way
https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-2066797652.jpg?w=2048
“Stay alive till ‘25” is a thing in Hollywood—but AI can save the industry, not destroy it with robots.
https://fortune.com/2024/06/07/fear-and-loathing-in-los-angeles-ai-hollywood-entertainment-tech/

2024-06-06 20:15:10

Jerome Powell could spark a serious stock market surge—even without cutting rates, Wall Street guru Ed Yardeni says
https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-841240980-e1717608535871.jpg?w=2048
Yardeni already sees a 20% chance of a “melt-up” for the stock market, but if Powell “sings a dovish tune," he promised to raise those odds.
https://fortune.com/2024/06/06/jerome-powell-stock-market-surge-without-rate-cutsed-yardeni-says/

2024-06-06 18:00:15

We used AI to analyze 24 years of retailers’ SEC disclosures—and found the one factor that would have doubled investor returns
https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1801104130-e1717688329499.jpg?w=2048
How to get rich? You put money into companies that invest in their frontline workers and wait 30 years.
https://fortune.com/2024/06/06/ai-analysis-24-years-retailers-sec-disclosures-double-investor-returns-workers-labor-finance-leadership/

2024-06-06 17:45:09

Kroger is giving away 45,000 pints of ice cream as summer officially arrives
https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-2013088152-e1717685697613.jpg?w=2048
Promotion comes as temperatures soar.
https://fortune.com/2024/06/06/kroger-free-ice-cream/

2024-06-06 17:15:10

Millennials think they have it better than baby boomers, study reveals
https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-726776573-e1717614761271.jpg?w=2048
43% of millennials say their financial situation is better than their parents’ was at the same age, while 32% say it is worse.
https://fortune.com/2024/06/06/new-cfb-study-shows-millennials-think-they-have-it-better-than-baby-boomers/

2024-06-06 17:00:15

ECB drops interest rates in Europe, but remains cautious on inflation: 'Are we today moving into a dialing-back phase? I wouldn’t volunteer that'
https://fortune.com/img-assets/wp-content/uploads/2024/06/Christine-Lagarde-Alex-Kraus-GettyImages-2155656261-e1717685184716.jpg?w=2048
European Central Bank President Christine Lagarde expects inflation to hit the Eurozone's target in the second half of 2025.
https://fortune.com/europe/2024/06/06/ecb-drops-interest-rates-europe-cautious-inflation-christine-lagarde/

2024-06-06 16:15:10

Twitter founder Jack Dorsey warns social media is draining people of free will
https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1233275147-e1717678881291.jpg?w=2048
Users are being spoon-fed content that reinforces their biases. But if things are bad now, a remorseful Dorsey warns they're only going to get worse with AI.
https://fortune.com/2024/06/06/elon-musk-jack-dorsey-twitter-x-social-media-algorithms-free-will/

2024-06-06 15:45:09

As Rémy Cointreau profits slump 30% and fine tequila becomes more popular, will American rap fans help French cognac rebound?
https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1553503613-e1717670971935.jpg?w=2048
Like other luxury products, cognac faces slumping demand. But its deep connection to pop culture has kept it on people's minds either way.
https://fortune.com/europe/2024/06/06/remy-cointreau-luxury-profits-slump-fine-tequila-american-rap-fans-french-cognac/

2024-06-06 15:30:12

Jensen Huang’s Nvidia bests back-to-back winner Microsoft to be named Fortune 500’s best-led company
https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-2094937972-e1717671637582.jpg?w=2048
For the fourth year in a row, Fortune partnered with Indiggo to publish the ROL100 Ranking.
https://fortune.com/2024/06/06/return-on-leadership-2024-jensen-huang-nvidia-fortune-500-best-led-company/

2024-06-06 14:45:09

He taught at MIT, worked at Morgan Stanley, and convinced Bill Ackman and Galaxy to back his $200 million crypto fund by his early 30s. His future is now in jeopardy
https://fortune.com/img-assets/wp-content/uploads/2024/06/Yidia-Gao-PRNewswire_PRLog.jpg?w=2048
How Shima Capital’s fast-and-loose approach to compliance alienated its backers and could run afoul of the SEC.
https://fortune.com/crypto/2024/06/06/shima-capital-vc-ackman-galaxy-yida-gao/

2024-06-06 14:00:16

How should kids use TikTok, Instagram and Snapchat?
https://fortune.com/img-assets/wp-content/uploads/2024/06/AP24156619355675-e1717674275772.jpg?w=2048
The harms to children from social media have been well-documented in the two decades since Facebook's launch ushered in a new era in how the world communicates.
https://fortune.com/2024/06/06/kids-tiktok-instagram-snapchat-outright-ban-free-reign-parents-slow-deliberate-onboarding/

2024-06-06 13:30:13

Jamie Dimon reportedly up for a knighthood in the U.K. as part of Rishi Sunak's honors nominations
https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-2152244591-e1717671229347.jpg?w=2048
Former Google CEO, billionaire Eric Schmidt, is also reportedly in the running for an honor.
https://fortune.com/europe/2024/06/06/jpmorgan-jamie-dimon-knighthood-rishi-sunak/

2024-06-06 13:15:10

Biden sold off nearly 50% of the Strategic Petroleum Reserve. Is that a problem?
https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1434808195-e1717596639978.jpg?w=2048
"When people say, 'Oh no, it’s so low,' well, what is it there for? It’s there to help us out."
https://fortune.com/2024/06/06/biden-sold-off-nearly-50-of-the-strategic-petroleum-reserve-is-that-a-problem/

2024-06-06 13:00:15

Meet the 4 types of Gen Z freelancers—and their secret weapon
https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1146500509-e1717670301143.jpg?w=2048
Half of all Gen Zers freelance—but not all Gen Zers freelance the same way.
https://fortune.com/2024/06/06/meet-5-types-gen-z-freelancers-secret-weapon-careers-leadership/

2024-06-06 12:45:09

Congress has held a slew of hearings on child online safety but passed no regulation
https://fortune.com/img-assets/wp-content/uploads/2024/06/AP24157775501044-e1717669659411.jpg?w=2048
Using social media platforms is still the default for most American teenagers, with the Pew Research Center reporting that 58% of teens are daily users of TikTok.
https://fortune.com/2024/06/06/congress-hearings-child-online-safety-no-regulation-parents-teens/

2024-06-06 12:30:12

Jodie Foster wishes she had Gen Z's ability to say no earlier in her career
https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-2156137462-e1717666184525.jpg?w=2048
Nicole Kidman also pointed out: “You need to the support when you do say no from the others to go ‘yeah that’s fine.’”
https://fortune.com/2024/06/06/jodie-foster-gen-z-say-no/

2024-06-06 12:15:10

Russia’s war in Ukraine has turned South Korea into a manufacturing hotspot
https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-2154624553-e1717666936375.jpg?w=2048
American and most European manufacturers have shifted to strategic weapons, precision-guided munitions and other cutting-edge technologies.
https://fortune.com/asia/2024/06/06/russia-war-ukraine-south-korea-makes-weapons-faster-cheaper-us/

2024-06-06 12:00:16

2024-06-06 11:45:10

The Chanel family's personal wealth has jumped $12.4 billion in 3 years
https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-115934249-e1717664965223.jpg?w=2048
The Wertheimer family's Cayman Islands holding company for Chanel is set to receive a $5.7 billion dividend for 2023.
https://fortune.com/europe/2024/06/06/chanel-family-personal-wealth-jumped-12-4-billion-3-years-billionaire-brothers-wertheimers/

2024-06-06 11:30:12

Cathay Pacific trainee pilots have damaged so many planes a U.S. flying school has banned them from solo flights
https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-2149331671-e1717665721751.jpg?w=2048
Phoenix-based AeroGuard Flight Training Center has told all Cathay cadets that “effective immediately, all solo flights are grounded.”
https://fortune.com/asia/2024/06/06/cathay-pacific-trainee-pilots-damaged-planes-us-flying-school-banned-solo-flights/

2024-06-06 11:15:10

The U.K's super-rich are in 'panic mode' and are fleeing the country
https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-2155517719-e1717663747912.jpg?w=2048
Many are cashing in investments, paying off bills that may soon rise or leaving the U.K. entirely.
https://fortune.com/europe/2024/06/06/uks-super-rich-panic-mode-fleeing-the-country-shelter-money-from-election-hit/

2024-06-06 10:45:11

Singapore carves out a space in the chip supply chain with a new $7.8 billion plant from Europe's NXP and a TSMC-backed manufacturer
https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1243355502-e1717655246412.jpg?w=2048
Singapore is winning over chipmakers thanks to government policy, a strong chip ecosystem and a customer drive for geographic diversity.
https://fortune.com/asia/2024/06/06/singapore-carves-out-space-chip-supply-chain-new-plant-nxp-semiconductors-tsmc-vanguard/

2024-06-06 10:30:13

Fake AI-generated Biden robocalls creator makes first court appearance
https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1254000257-e1717661551409.jpg?w=2048
Steven Kramer has admitted orchestrating a message that was sent to thousands of voters two days before the Jan. 23 primary.
https://fortune.com/2024/06/06/fake-ai-generated-biden-robocall-steven-kramer/

2024-06-06 10:15:10

YouTube is tightening rules on gun videos to stop them from reaching children
https://fortune.com/img-assets/wp-content/uploads/2024/06/AP24157708137301-e1717661082133.jpg?w=2048
Manhattan District Attorney Alvin Bragg last month called on YouTube to stop the proliferation of firearm-related videos to young users, and told the company it was failing to enforce its own policies.
https://fortune.com/2024/06/06/youtube-tightening-rules-gun-videos-reaching-children-critics-enforces/

2024-06-06 02:00:16

IRS says it will refund taxes extracted from Ohioans who got financial assistance after Norfolk Southern derailment disaster
https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1247414116-e1717631611331.jpg?w=2048
“I don’t know why they didn’t do that from the very beginning,” East Palestine resident Misti Allison said.
https://fortune.com/2024/06/05/irs-refund-taxes-disaster-ohio-brown/

2024-06-06 00:00:15

Zero percent down mortgages might help more first-time homebuyers break into the housing market—but there are caveats
https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1179761508-e1717621514926.jpg?w=2048
United Wholesale Mortgage announced a 0% down program last month, and since then it’s been all the rage, but people are split: Does it eliminate a barrier or will it launch us into another subprime mortgage crisis?
https://fortune.com/2024/06/05/zero-percent-down-mortgages-first-time-homebuyers/

2024-06-05 23:45:10

Short seller Scorpion Capital accuses Japan’s most actively traded company of being the ‘largest outright fraud in the world’
https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1245621798-e1717621891973.jpg?w=2048
Hedge fund targets niche semiconductor company that’s rode AI demand for huge gains since 2019.
https://fortune.com/2024/06/05/short-seller-scorpion-capital-lasertec-japan-semiconductors-chips-euv-fraud-allegations/

2024-06-05 23:30:13

One of Wall Street’s top strategists sees stocks dropping 10% due to a ‘moderate form of stagflation’
https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-2153396635-e1717610239625.jpg?w=2048
Stifel's Barry Bannister fears sticky inflation and higher rates will hurt stocks, while Wells Fargo's Scott Wren ponders if investors should 'sell in May and go away.'
https://fortune.com/2024/06/05/stock-market-outlook-drop-stagflation-stifel/

2024-06-05 23:15:10

Soaring Nvidia briefly beats Apple's $3 trillion valuation as it sets Wall Street barreling toward records
https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1820546311-e1717620361434.jpg?w=2048
Nvidia is leading the way because its chips are powering much of the rush into AI.
https://fortune.com/2024/06/05/nvidia-stock-apples-3-trillion-valuation/

2024-06-05 23:00:16

Gen X is set to be a hoagie, not sandwich generation—chipping in longer for their aging parents and children
https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1202091450-e1717620186187.jpg?w=2048
Inflation and the healthcare system stretch out caregiving duties for Gen Xers, crunching their retirement goals.
https://fortune.com/2024/06/05/gen-x-sandwich-generation-care-inflation/

2024-06-05 22:45:10

Usher and Apple CEO Tim Cook had a meeting. Now the Super Bowl performer is taking their ideas to Capitol Hill
https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-2007060417-e1717619190117.jpg?w=2048
Usher will join French pharma giant Sanofi in Washington, D.C. to discuss the importance of early screening for type 1 diabetes.
https://fortune.com/well/article/usher-type-1-diabetes-awareness/

2024-06-05 22:15:09

Chrissy Teigen has 42 million Instagram followers—but wants her kids to ‘get through high school’ before joining social media
https://fortune.com/img-assets/wp-content/uploads/2024/06/Teigen-e1717608753659.jpg?w=2048
“I know I absolutely want to delay social media."
https://fortune.com/well/article/chrissy-teigen-keep-kids-off-social-media/

2024-06-05 22:00:15

The diamond industry is ‘in trouble’ after prices sunk 6% this year. A jewelry CEO blames the rapid growth of lab-grown diamonds.
https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1318820702-e1717614217387.jpg?w=2048
Industry experts anticipate an additional 15% to 20% price drop in diamonds over the next 12 months.
https://fortune.com/2024/06/05/lab-grown-diamonds-price-sunk-6-percent/

2024-06-05 21:15:10

Whole Foods founder said Jeff Bezos is a ‘genius’ who got rid of the ‘whole paycheck’ stigma
https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-163471421-e1717612094218.jpg?w=2048
John Mackey said Bezos let Whole Foods cut prices to strengthen it in the long run even if it lost revenue in the short term.
https://fortune.com/2024/06/05/whole-foods-bezos-amazon-mackey-paycheck-stigma/

2024-06-05 20:15:10

The ‘funflation’ economy is dying as a consumer attitude of ‘hard pass’ takes over and major artists cancel concert tours
https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-810740208-e1717610356117.jpg?w=2048
Without a Taylor Swift or Beyoncé megatour, prices for summer concerts are falling back to normal.
https://fortune.com/2024/06/05/funflation-concerts-canceled-summer-economy/

2024-06-05 19:45:10

FLiRTing with a COVID summer surge? What to know about the newest family of Omicron subvariants
https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1332857573-e1717420104588.jpg?w=2048
These JN.1 spinoffs are more immune-evasive than subvariants past, scientists say.
https://fortune.com/well/2024/06/05/flirt-covid-19-omicron-variant-strains/

2024-06-05 19:30:12

Short-seller Andrew Left is betting against GameStop again, undaunted by his 100% loss last time
https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-493774434-e1717605320603.jpg?w=2048
When meme-stock traders' de facto leader posted a screenshot implying he owns over $100 million of GameStop, Andrew Left immediately shorted the stock.
https://fortune.com/2024/06/05/gamestop-stock-short-seller-andrew-left/

2024-06-05 19:15:10

FLiRTing with a COVID summer surge? What to know about the newest family of omicron subvariants
https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1332857573-e1717420104588.jpg?w=2048
These JN.1 spinoffs are more immune-evasive than subvariants past, scientists say.
https://fortune.com/well/2024/06/05/flirt-covid-19-omicron-variant-strains/

2024-06-05 19:00:15

Rolling Stone promised subscribers a 'lifetime' print magazine for just $99—now they’re canceling and readers are 'enraged'
https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-871426534-e1717601052602.jpg?w=2048
The rock-and-roll counterculture magazine is trying to adapt to a radically different internet—and making some longtime fans mad in the process.
https://fortune.com/2024/06/05/rolling-stone-subscription-lifetime/

2024-06-05 18:45:10

Texas fundraises for its own 'anti-woke' stock exchange to take on NYSE and Nasdaq
https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-2154456252-e1717595579285.jpg?w=2048
Goal is to being trading in 2025.
https://fortune.com/2024/06/05/texas-anti-woke-stock-exchange/

2024-06-05 18:30:16

After 12 'shocking' months of broken heat records, scientists say Earth is 4 years away from crossing 1.5 degrees of heating
https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-2155578984-e1717600661725.jpg?w=2048
UN Secretary General calls for new taxes on fossil fuel companies as global temperatures look set to hurtle past global warming limits set at 2015 Paris Agreement.
https://fortune.com/2024/06/05/climate-change-heat-records-windfall-taxes-paris-accords/

2024-06-05 18:15:10

De Beers, the business that coined ‘diamonds are forever’, is pivoting to jewelry retail ahead of spinoff from Anglo American
https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-2154175138-e1717598953291.jpg?w=2048
De Beers, the company that coined the slogan “diamonds are forever,” wants to make a splash in retail to compete with the likes of Tiffany and Cartier.
https://fortune.com/europe/2024/06/05/de-beers-diamonds-are-forever-lab-grown-diamonds-pivoting-jewelry-retail-spinoff-anglo-american/

2024-06-05 17:15:10

Family Dollar could be sold or spun off
https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-2074382354.jpg?w=2048
Divestiture would come after the closing of nearly 1,000 stores.
https://fortune.com/2024/06/05/dollar-tree-exploring-sale-family-dollar/

2024-06-05 17:00:16

USAA's president to his fellow CEOs: You need to be 'multiple crisis managers on an ongoing basis'
https://fortune.com/img-assets/wp-content/uploads/2024/05/Wayne-Peacock-Leadership-Next.jpg?w=2048
Modern-day CEOs have to learn how to manage several crises that create uncertainty, challenge, and opportunity.
https://fortune.com/2024/06/05/usaa-president-ceo-wayne-peacock-managing-crises-dei-initiatives/

2024-06-05 16:45:10

Gas prices may ‘trend lower’ this summer—depending on the hurricane season
https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-2076706089-e1717591651419.jpg?w=2048
Summer demand has yet to fully kick in.
https://fortune.com/2024/06/05/gas-prices-may-trend-lower-this-summer-depending-on-the-hurricane-season/

2024-06-05 16:30:13

Is Constant Contact enough for your CRM needs? It might be—for a price
https://fortune.com/img-assets/wp-content/uploads/2024/05/Recommends_ConstantContact.jpg?w=2048
Constant Contact acquired SharpSpring in 2021 and rebranded them to Lead Gen & CRM so it could offer its current clients a CRM, though it’s still working out a lot of kinks.
https://fortune.com/recommends/crm/constant-contact-crm-review/

2024-06-05 16:15:10

At this gym, customers can choose an AI best friend or drill sergeant
https://fortune.com/img-assets/wp-content/uploads/2024/05/Lumin-Fitness-Environment-and-Gamification_Photo-Credit-Lumin-Fitness.jpg?w=2048
These AI workouts evolve over time to meet the specific needs of each person and test their limits.
https://fortune.com/2024/06/05/at-this-gym-customers-can-choose-an-ai-best-friend-or-drill-sergeant/

2024-06-05 15:00:15

Verge Genomics CEO: Why I urge my employees to share their fears and vulnerabilities—and do the same with them
https://fortune.com/img-assets/wp-content/uploads/2024/06/thumbnail_image001.jpg?w=2048
“Vulnerability, a key leadership principle, helps me better understand my colleagues,” says Verge Genomics CEO Alice Zhang.
https://fortune.com/2024/06/05/ceo-leadership-advice-management-success-vulnerability-verge-genomics/

2024-06-05 14:30:13

Elon Musk admits diverting Tesla’s AI chips to his other companies, claiming ‘they would have just sat in a warehouse’
https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-2148556867-e1717587311804.jpg?w=2048
The timing of his latest conflict of interest is damaging, coming just days before a key shareholder vote over his record pay package on June 13.
https://fortune.com/2024/06/05/elon-musk-tesla-xai-nvidia-ai-training-chips-cnbc/

2024-06-05 14:15:10

Bain Capital leads $35 million Series A for M^0, a network for minting digital dollars
https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1150254878-e1717531443844.jpg?w=2048
With the funding, M^0 wants to create a global network for institutions to mint digital dollars that "all look the same, smell the same, are fully fungible."
https://fortune.com/crypto/2024/06/05/bain-capital-leads-35-million-series-a-for-m0-a-network-for-minting-digital-dollars/

2024-06-05 13:30:13

Gizmodo has been sold for the third time in 8 years
https://fortune.com/img-assets/wp-content/uploads/2024/06/AP24156621464449-e1717585899876.jpg?w=2048
In a staff memo, G/O Media CEO Jim Spanfelle said Gizmodo was sold for substantially more this time than the price paid to Univision in 2019, without providing any specifics.
https://fortune.com/2024/06/05/gizmodo-sold-third-time-8-years-swiss-publisher-keleops-expand-coverage-tech/

2024-06-05 13:00:16

Bill Gates says he was a 'misfit' as a kid who clashed with his parents and almost got kicked out of college
https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-2151909132-e1717580556861.jpg?w=2048
"I’ve been in the public eye since my early twenties, but much of my life before then isn’t well known."
https://fortune.com/2024/06/05/bill-gates-source-code-autobiography-teenage-college-misfit/

2024-06-05 12:45:10

U.K. teachers, who feel like they're ‘severely underpaid,’ are spending their own money to help students, study finds
https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1506983050-e1717581182608.jpg?w=2048
Students' conditions have deteriorated, leaving them unable to meet basic well-being needs owing to the cost of living crisis.
https://fortune.com/europe/2024/06/05/uk-teachers-strike-severely-underpaid-spending-own-money-to-help-students-nfer-study/

2024-06-05 12:15:10

Zoom founder Eric Yuan wants ‘digital twins’ to attend meetings for you so you can ‘go to the beach’ instead
https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1137874453-e1717579567912.jpg?w=2048
You'll only need to work 3 days a week because your digital twin will do 90% of your work, Zoom’s founder and CEO Eric Yuan said.
https://fortune.com/2024/06/05/zoom-founder-eric-yuan-digital-ai-twins-attend-meetings-for-you/

2024-06-05 12:00:14

Virgin Media sues Irish scallop fishers for $870,000 for alleged damage to underwater cable
https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-185006153-e1717579509436.jpg?w=2048
Virgin Media Wholesale alleges the MV The Lida Suzanna didn't take care to check for cables before dredging the Irish Sea bed in search of scallops.
https://fortune.com/europe/2024/06/05/virgin-media-suing-irish-scallop-fishers-870000-dollars-allegedly-damaging-underwater-cable-9-years-ago/

2024-06-05 11:45:10

With over 1.7 million employees, the U.K.'s NHS has become a 'rinse-and-repeat target' for cybercriminals
https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-2130313364-e1717579286147.jpg?w=2048
'When attacking life-saving infrastructure like hospitals and care centers, attackers know that they’ll have the upper hand in any ransom negotiation.'
https://fortune.com/europe/2024/06/05/uk-nhs-target-cybercriminals-over-1-7-million-employees/

2024-06-05 11:15:09

'There will be a shift to the right' in this week's European Union elections, 'so the question is, how big?'
https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-2154228359-e1717577577346.jpg?w=2048
The question of whether to extend basic trust to extremist and populist parties is on many European minds.
https://fortune.com/europe/2024/06/05/shift-to-the-right-in-this-weeks-european-union-elections-the-question-is-how-big/

2024-06-05 11:00:16

London's luxury hotels unveil 'gig-tripping packages'
https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-2155221220-e1717575842523.jpg?w=2048
The Four Seasons, Marriott International and the Shangri-La have used Swift’s popularity to court new loyalty members with sweepstakes packages and hotel events.
https://fortune.com/europe/2024/06/05/londons-luxury-hotels-unveil-gig-tripping-packages-taylor-swift-eras-tour/

2024-06-05 10:45:09

UAE leader meets with Taliban official who faces a $10 million U.S. bounty over attack that killed an American citizen
https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-2154672729-e1717576165731.jpg?w=2048
The meeting highlights the growing divide internationally on how to deal with the Taliban, who seized control of Afghanistan in 2021.
https://fortune.com/asia/2024/06/05/uae-leader-taliban-official-10-million-us-bounty-attack-killed-american-citizen/

2024-06-05 10:30:12

District attorney going after Alec Baldwin for manslaughter wins New Mexico Democratic primary, ensuring reelection
https://fortune.com/img-assets/wp-content/uploads/2024/06/AP24156781383331-e1717575726954.jpg?w=2048
Mary Carmack-Altwies has vowed to hold Baldwin accountable for the death of cinematographer Halyna Hutchins.
https://fortune.com/2024/06/05/district-attorney-alec-baldwin-manslaughter-wins-new-mexico-democratic-primary/

2024-06-05 10:15:10

TikTok says it’s fighting off a cyberattack targeting CNN and other ‘high-profile accounts’
https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-2155035925-e1717574241170.jpg?w=2048
The account of socialite and reality TV star Paris Hilton was targeted but not compromised.
https://fortune.com/2024/06/05/tiktok-cnn-cyberattack/

2024-06-05 07:45:10

As France braces for 15 million Olympics visitors, its ‘dengue detectives’ are hunting for tiger mosquitoes to prevent an outbreak
https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-2154650506-e1717510640204.jpg?w=2048
The so-called detectives will track down disease hotspots, seek out mosquito eggs, and help curb the spread of the virus in French cities.
https://fortune.com/europe/2024/06/05/france-15-million-olympics-visitors-dengue-detectives-outbreak-tiger-mosquitoes/

2024-06-05 06:45:09

Medicare fears grip Americans: Nearly 3 in 4 adults under 65 worry it won't be around for them
https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1288139483-e1717531574820.jpg?w=2048
“Threats to Medicare and Social Security loom large.”
https://fortune.com/well/2024/06/05/medicare-not-around-for-under-65-worry/

2024-06-05 03:15:10

Alaskans are seeking a respite from thousands of tourists who want to cruise the panhandle region
https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1510826191-e1717549058288.jpg?w=2048
On peak days in the past, passenger numbers have totaled about two-thirds of Juneau's population of roughly 32,000 people.
https://fortune.com/2024/06/04/alaska-cruise-tourists-panhandle-juneau/

2024-06-05 02:45:10

Elon Musk can’t just ask ‘his brother and his besties’ to pay him $46 billion, NYC comptroller says
https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1757300436-e1717546400229.jpg?w=2048
Comptroller Brad Lander said the Tesla CEO’s pay package is “outrageously large and insufficiently governed” at a meeting of investors on Tuesday.
https://fortune.com/2024/06/04/elon-musk-brother-besties-pay-billions-nyc/

2024-06-05 01:00:15

Goldman Sachs says family offices want to emulate Ryan Reynolds and Rob McElhenney by investing in lower-tier teams, NASCAR, and UFC
https://fortune.com/img-assets/wp-content/uploads/2024/06/goldman-family-offices-wrexham-rob-ryan-e1717540248933.jpg?w=2048
Emerging sports like surfing and rugby, and lower-tier leagues for soccer and women's sports, are drawing interest from a growing base of investors.
https://fortune.com/2024/06/04/goldman-sachs-family-offices-ryan-reynolds-rob-mcelhenney-nascar-ufc-soccer-womens-sports/

2024-06-04 23:45:10

E*Trade may kick meme stock trailblazer Roaring Kitty off the platform, but followers question whether there’s a double standard
https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1231240930-e1717536576703.jpg?w=2048
Wall Street bigwigs and short sellers often talk about public companies on TV.
https://fortune.com/2024/06/04/etrade-meme-stock-roaring-kitty-double-standard/

2024-06-04 23:30:12

The CEO of Walmart was rejected by Harvard, Stanford, and Wharton business schools, but now runs the Fortune 500's largest company. Here are his 3 tips for success
https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1921426388-e1717535048754.jpg?w=2048
Doug McMillon has worked at Walmart for 33 years, 10 as CEO.
https://fortune.com/2024/06/04/walmart-ceo-doug-mcmillon-three-tips-for-success/

2024-06-04 22:45:10

JPMorgan’s Jamie Dimon is bracing for stagflation, but the economy could be headed for a 1950s-style boom instead
https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-91880725-e1717510703171.jpg?w=2048
“If these similarities do hold, there could be a lot of scope for optimism,” Deutsche Bank’s Henry Allen wrote.
https://fortune.com/2024/06/04/jpmorgan-jamie-dimon-bracing-stagflation-economy-1950s-style-boom-instead/

2024-06-04 20:45:10

Young voters’ top concern isn’t abortion—they care more about finding an affordable place to live, a new survey shows
https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1447790235-e1717525503369.jpg?w=2048
The cost of starter homes has risen twice as fast as incomes, a Redfin economist said.
https://fortune.com/2024/06/04/housing-affordability-top-concern-young-voters/

2024-06-04 20:15:10

Boeing CEO warns against protectionism as US, UK gear up for elections
https://fortune.com/img-assets/wp-content/uploads/2024/05/GettyImages-1953488971_24e4b4-e1715985097469.jpg?w=2048
Boeing is working to restart plane deliveries to China.
https://fortune.com/2024/06/04/boeing-ceo-sounds-alarm-isolationist-rhetoric-imperils-global-trade/

2024-06-04 19:45:10

AI isn’t yet capable of snapping up jobs—except in these 4 industries, McKinsey says
https://fortune.com/img-assets/wp-content/uploads/2024/06/BC0A4095-e1717518754550.jpg?w=2048
New tech won’t eliminate work for most employees, but certain industries are in real peril.
https://fortune.com/2024/06/04/mckinsey-ai-jobs-industries-at-risk/

2024-06-04 19:00:16

It’s an employer’s market now as U.S. job openings topple to lowest level in 3 years
https://fortune.com/img-assets/wp-content/uploads/2024/06/GettyImages-1188756816-e1717518131158.jpg?w=2048
Available jobs decreased from 8.36 million in March to 8.06 million in April, according to the Bureau of Labor Statistics.
https://fortune.com/2024/06/04/job-openings-jolts-april-labor-market/