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EXPLAINED: 7 | Rare Historical Photos

Americans are growing tired of CEOs lecturing them on social issues

Also: All the news and watercooler chat from Fortune.

Fortune · Oct 1

Ken Griffin’s $3 billion gift exemplifies Florida’s new mindset: from attracting innovation to creating it

Our ambition is to become the place where the next generation of great American companies is built.

Fortune · Oct 1

Wilbur Ross was Trump’s first-term tariff hawk. Now he says refunds give importers ‘an extra profit’ and pay them ‘more than the money’ they laid out

The former commerce secretary says importers who passed tariff costs on to customers are now being paid back for money they didn’t lose.

Fortune · Oct 1

From analysis to the latest developments in health,
read the most diverse news in one place.

‘We all chip in’: America's $40 billion private jet boom is taking off, and taxpayers are helping billionaires foot the bill

Private flyers get tax breaks and taxpayer-funded airport projects while contributing relatively little to air traffic infrastructure

Fortune · Oct 1

Visa and Mastercard handle nearly half of Europe's card payments. The digital euro aims to change that

The European Central Bank's €1.3 billion bet offers an alternative to the U.S. payments giants, but it faces an uphill battle to win over consumers, merchants, and banks.

Fortune · Oct 1

AI ‘godfather’ Yann LeCun has ‘zero concerns’ about human extinction, says Anthropic CEO Dario Amodei is ‘deluded’

The former Meta chief AI scientist shares his take on recent rogue AI incidents and effective altruism, as well as plans for his new company, AMI Labs.

Fortune · Oct 1

Trump removes chairs for TSA agents, saying they ‘must meet fitness for duty requirements’

The White House has given the Office of Personnel Management more power to hire and fire federal workers on the basis of fitness.

Fortune · Oct 1

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John Waldron is ‘one of the most non–Wall Street people’ you’ve ever met—but is in line to be the next CEO of Goldman Sachs

A top Wall Street analyst says John Waldron gives off the affect of an English Lit professor from the Midwest. His track record at Goldman tells a different story.

Fortune · Oct 1

The unicorn CEO betting her industry's AI crisis isn't the one you think

"This is a profession that is actually in crisis mode," Datasnipper CEO Vidya Peters told Fortune — and AI is the salvation.

Fortune · Oct 1

The real story behind Red Lobster’s $20 Ultimate Endless Shrimp fiasco: How an American seafood icon lost its way

The disastrous promotional offer, which played a role in the chain's bankruptcy, wasn't a blunder but a conspiracy, a lawsuit alleges.

Fortune · Oct 1

‘Giving while living’ has become a popular trend for passing on family wealth, says head of Edward Jones

Penny Pennington says there can be significant benefits to giving money to family members while you’re still alive—one of which is simple joy.

Fortune · Oct 1

OpenAI, SpaceX investor funds went to strip clubs, Bloomingdale’s, and shopping on Amazon, SEC alleges in charges against private fund advisers

One fund manager allegedly paid his 4 a.m. strip club bill from fund capital after his card was declined.

Fortune · Oct 1

Ford's Jim Farley: many jobs 'are definitely going to be changed and eliminated' but blue-collar trades will use AI as a 'companion'

"If you work in finance doing spreadsheets, or you’re in a call center, or you’re an entry-level programmer—those jobs are definitely going to be changed."

Fortune · Sep 30

‘This revolution is happening in years, not decades’: Verizon CEO Dan Schulman sees AGI within 18 months—and a century of progress in a decade

“I think you’ll see the collapse of the 21st century in the next five to 10 years,” Dan Schulman said at Ford Pro Accelerate.

Fortune · Sep 30

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Fortune · Sep 30

‘Never waste a crisis’: A salad thief stole the Sweetgreen cofounders' recipes a week before they opened their first restaurant

Nic Jammet on a lettuce scare, growing up at New York’s La Caravelle, Molly Baz’s residency, and the Hoboken fan whose 25-day challenge went national.

Fortune · Sep 30

Vaping was supposed to get people off smoking. Now e-cig users are switching to cigarettes to try to quit

“This is not just a trivial misunderstanding. It’s misinformation to the point of significant harm.”

Fortune · Sep 30

‘It’s crazy they invented it’: Nate Bargatze on the bright future of skilled trades, the urgency of live experience, and the coming of AI

“Before, when you had to Google something, it was like, it’s just article after article. And you’re like, ‘I’m not going to read these articles, dude.’”

Fortune · Sep 30

Mike Rowe on America’s great tradesperson shortage: ‘I don’t care what your politics are. Math doesn’t care, either’

At Ford Pro Accelerate, Rowe spoke alongside Education Secretary Linda McMahon and the Defense Department’s Mike Duffey about the divide between college and the trades.

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news in one place.

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One news app.

Fortune · Sep 30

Cloudflare just announced a tool that lets businesses charge AI agents in stablecoins

Using USDC, the feature works as a pay-as-you-go system for AI agents browsing the web.

Fortune · Sep 30

How AI is becoming Hollywood's newest star, changing work on and off camera

Higgsfield AI, Runway, and Luma are among the startups that are using AI to reshape Hollywood's production process.

Fortune · Sep 30

Ken Griffin doubles down on Miami with a record $3 billion gift to Carnegie Mellon—and plans for a campus in the city Citadel now calls home

The Citadel founder, who moved his firm from Chicago to Miami in 2022, is bankrolling a Wynwood campus that will organize learning around societal challenges instead of majors.

Fortune · Sep 30

‘We value the skill, but maybe not for my child’: The stigma against blue-collar jobs, laid bare

Matt Panella told Pro Accelerate he hears from high schoolers: “I want to get into the trades, but my parents don’t feel like it’s a viable career path.”

Fortune · Sep 30

'A billion deaths': Bill Gates warns about AI in the wrong hands, saying a kill switch and self-regulation won’t be enough

Gates used to be one of AI’s optimists, but now he calls it “the most dangerous thing humans have ever gone near”

Fortune · Sep 30

Carhartt CEO warns schools are steering Gen Z students away from a lucrative career path: Skilled trades can pay 32% more

Students interested in landing a six-figure trades job aren’t being set up for success, says Linda Hubbard—with half who start training never finish it.

Fortune · Sep 30

LinkedIn CEO says that job seekers are sending out 30% more applications than pre-pandemic—and it’s harder to ‘know who can actually do the job’

The job market has become an all-out AI arms race between applicants and recruiters.

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