Even as travelers keep flying, airlines’ profits could be cut in half, thanks in part to the stranglehold Iran has imposed on the global oil supply, according to a global trade group for the industry. The airline sector’s net profit…
On Friday, the Nasdaq had its worst session in a year. By Monday it all seemed like a bad dream. The chipmakers that had their worst session since 2020 on Friday (Micron, Broadcom) were Monday’s best performers, up 6.5% by…
Anoop Deoras, the director of applied science for agentic AI at Amazon Web Services, is not prone to alarmism. But when asked about what happens when AI agents are deployed in production without proper guardrails, he doesn’t reach for reassurance.…
Stadium workers near Los Angeles have voted to authorize a strike as the venue prepares to host the U.S. men’s soccer team’s opening World Cup match. It doesn’t guarantee that the 2,000 bartenders, servers, cooks and dishwashers at SoFi Stadium…
“We do continue to see the higher-income customers coming to Walmart,” Furner told reporters during the retailer’s annual shareholders’ week in Bentonville, Arkansas, last week. “We’re meeting more of them, they’re buying more, they’re coming more frequently.” Walmart’s lower-income shoppers…
Europe might like to think of itself as a global leader in gender equality. Yet when it comes to corporate power, the picture is less flattering. Women still lead only a small minority of the continent’s largest companies. In Fortune’s 2025…
As of 9:10 a.m. Eastern Time today, oil sold for $97.15 per barrel (using Brent as the benchmark, which we’ll get into momentarily). That’s 84 cents lower than yesterday morning and approximately a $30 rise over the past year. Oil…
One of the more striking moments at this year’s Fortune COO Summit came when Dennis Woodside, the CEO of Freshworks and a former COO of Dropbox, asked the room a simple question: Who wants to be a CEO? Not many hands…
Mock cyber attacks used to cost about $30,000, take two weeks, and tell companies what their defenses looked like six months ago. Then Anthropic’s Mythos showed up, exposing thousands of zero-day vulnerabilities. A (yes, as in the letter) uses AI…
Stocks are selling off globally this morning as unhappy investors see the price oil rising again—because of renewed conflict in the Middle East—and President Trump’s inability to rein in Israeli Prime Minister Benjamin Netanyahu. There’s also a total meltdown in…