The Fortune 500, now in its 72nd year, tracks the biggest U.S. companies by revenue. Each year, companies are ranked by how much they’ve made (or lost) and by how their market caps and bottom lines rank within their cohorts.…
For a state that’s home to Hollywood, there isn’t much star power in California’s gubernatorial race. It’s a somewhat different story in Los Angeles, where a reality television personality is running for mayor as the city prepares to host the…
In just over a week, SpaceX is set to debut as one of the biggest IPOs in history with an eye-popping valuation of $1.75 trillion. One top analyst says it may actually be worth half of that, and investors may…
A small bar on Manhattan’s Upper East Side is turning the NBA Finals into a masterclass in risk management—and a preview of what Wall Street hedging might look like for Main Street businesses. The Jeffrey, a craft beer and cocktail…
The House approved a war powers resolution Wednesday that would halt the U.S. military action against Iran, defying President Donald Trump as a handful of Republicans joined with Democrats to end the three-month-long war that has reordered politics at home and abroad. House…
It’s official: SpaceX is on track to be the largest IPO in history, seeking to raise $75 billion once it goes public later this month. The company will sell 555.6 million Class A shares at a fixed price of $135…
Former Alabama football coach Nick Saban and others testified Wednesday in support of a bipartisan bill aimed at overhauling a college sports system where players can increasingly earn millions of dollars while moving freely between schools. The leaders of the…
California’s crowded primary for governor remained unresolved early Wednesday after three leading candidates tested voters’ appetites for an experienced politician or promises of sweeping change. Though votes were still being counted, Democrats Xavier Becerra and Tom Steyer and Republican Steve Hilton started looking to November, laying…
Senator Bernie Sanders wants every American to own a piece of OpenAI, Anthropic, and xAI. Late on Monday, he posted a video describing his vision: the American AI Sovereign Wealth Fund Act, which would impose a one-time 50% tax on…
When Dr. Deepika Chopra took the stage at the Fortune COO Summit, she didn’t open with a slide deck or a framework. She asked everyone to close their eyes and breathe. Chopra—a clinical health psychologist, behavioral scientist, and the woman…