Good morning. I was talking to a CEO over the phone yesterday about the potential business impact of a government shutdown when the news broke that the White House is withholding $18 billion in federal infrastructure funds to New York…
It’s a site you may not expect in one of the world’s most expensive cities. But on the outskirts of Geneva, known for its discreet wealth, high wages and multimillion-dollar homes, the Fortune 500 Europe fragrance producer DSM-Firmenich has its…
Grindr CEO George Arison knows what it means to start from scratch. Born in the Soviet Union, he immigrated to the U.S. as a teen, hustled through odd jobs while studying, and graduated college with just $500 in his pocket.…
“It just seems kind of nutty,” Peter Cappelli tells Fortune, on a Zoom call, as he and his coauthor, Ranya Nehmeh, discuss their new, aptly titled book, In Praise of the Office. The past five years have been quite a…
On this episode of Fortune’s Leadership Next podcast, cohosts Diane Brady, executive editorial director of the Fortune CEO Initiative and Fortune Live Media, and editorial director Kristin Stoller talk with David Risher, CEO of Lyft. They reflect on Risher’s career…
One of Wall Street’s most closely watched voices delivered a blunt message to peers and policymakers: The U.S. economy is not faltering—it is accelerating. Torsten Sløk, chief economist at Apollo Global Management, said forecasts of an imminent slowdown have been…
Another heavy hitter from Wall Street is diving into the crypto treasury craze. On Wednesday, a group of investors announced that it plans to establish a $671 million company dedicated to stockpiling the cryptocurrency Avalanche. Bart Smith, the former head…
Last October, the payments giant Stripe announced a blockbuster $1.1 billion acquisition of Bridge, a little-known startup focused on the dollar-backed cryptocurrencies known as stablecoins. Long a feature of the insular world of blockchain diehards, the technology had yet to…
Yesterday, Spotify founder and CEO Daniel Ek announced that he’ll be stepping down in the new year. Two of his top executives, Gustav Söderström, chief product and technology officer, and Alex Norström, chief business officer, will take over as co-CEOs…
Before David Risher was tasked with scripting a “comeback story” for ride-sharing company Lyft, he made a career move so audacious that it prompted a direct, and blunt, intervention from Microsoft co-founder Bill Gates. In a recent appearance on Fortune‘s…