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FORTUNE - CHANGE THE WORLD
THESE COMPANIES BUILD BUSINESSES AROUND SOLVING SOCIAL PROBLEMS AND THEY DO WELL BY DOING GOOD.
Can Cathy Engelbert Handle the Pressure?
The WNBA commissioner and ex-Deloitte CEO is leading the league through a season of historic highs, but critics wonder if her game plan is good enough to seize the moment.
Kamalanomics: Harris's Road Map for Business
Vice President Kamala Harris hasn't done much to wOO Big Business. Many executives would still rather take their chances with her than the alternative.
MPW - MOST POWERFUL WOMEN 2024
WHEN FORTUNE launched its Most Powerful Women list in 1998, women were just starting to trickle into the C-suite in significant numbers.
WHO HAS TIME FOR A POWER LUNCH? THE REAL BUSINESS HAPPENS AT 4 P.M. 'POWER HOUR.'
THE SUN is pouring in through the floor-to-ceiling windows when the bar begins to fill with bespoke suits on a Tuesday in August at Four Twenty Five. The new restaurant from Jean-Georges Vongerichten is on the first floor of a Midtown Manhattan skyscraper, beneath the offices of financial giant Citadel Securities. And the traders are thirsty.
HOW TO TAKE ADVANTAGE OF THE FED'S BIG RATE CUT
THE WAIT IS OVER. After more than a year of will-they-or-won't-they, the Federal Reserve on Sept. 18 announced the first cut to its benchmark Federal funds rate since the early days of the COVID-19 pandemic, a 50-basis-point drop that Chairman Jerome Powell signaled is likely the first of many.
A WOUNDED INTEL BATTLES FOR SURVIVAL IN THE AI ERA
HENRY V had Agincourt. Gen. Robert E. Lee had Gettysburg. And Intel CEO Pat Gelsinger has Chandler. That would be Chandler, Ariz., outside Phoenix, where Intel is investing nearly $30 billion to build two state-of-the-art semiconductor plants, or fabs, that will be the first to use the company's newest chipmaking process. It's here, in Chandler, where Gelsinger's fate-and likely that of the company he leads will be decided.
HOW A WEEKLY ZOOM CALL OF POWERFUL BLACK WOMEN CREATED THE MOST POTENT CAMPAIGN TOOL OF 2024
THE GLITZY OPRAH WINFREY-HOSTED \"Unite for America\" Zoom event Sept. 19 featured the corps d'elite of entertainment, government, and business, as well as the woman being feted herself: Democratic presidential nominee Kamala Harris.
Well the Fortune 50 Best Places to Live Will Serve Families in the Years to Come - When 51-year-old Pazit Aviv walks her dog in her Silver Spring, Md., neighborhood, it takes an extra 30 minutes as she inevitably gets lost in an impromptu chat with a neighbor.
“What we’re seeing is a longing of older people to age in place, and younger people, like Gen Z, to have a sense of place that they consider home,” says Jon Jon Wesolowski, an urbanist and housing advocate who sees more people eager to change their house to suit them as they age rather than to move.In this year’s ranking, we analyzed over 2,000 cities and nearly 200 data categories, assessing livability, financial health, resources for aging adults, education, and wellness. The winners are communities that are sustainable for their youngest and oldest residents—including many fast-growing suburbs and edge cities that find creative ways to improve people’s well-being.
2024 Election Vanceonomics: What Trump's VP Pick Could Mean for Business - Vance has cultivated some of the wealthiest elites in tech and venture capital—including former Google chairman Eric Schmidt and the billionaire VC Peter Thiel—to help him win a U.S. Senate seat and, in July, the Republican nomination for vice president.
J.D. Vance first caught the public’s attention with his 2016 memoir, Hillbilly Elegy, a populist howl about Appalachia that accuses elites of betraying the white working class. Since then, Vance has cultivated some of the wealthiest elites in tech and venture capital—including former Google chairman Eric Schmidt and the billionaire VC Peter Thiel—to help him win a U.S. Senate seat and, in July, the Republican nomination for vice president.
Norway's Nicolai Tangen Runs the World's Biggest Sovereign Fund. Can He Leverage its Assets to Change Business for the Better? - Nicolai Tangen, the Norwegian founder of London hedge fund AKO Capital, was picked by Norway's central bank to be the next CEO of its gargantuan oil-and-gas-financed investment fund, whose value had soared above $1 trillion.
Oslo, with its neatly painted houses and serene waterfront, is not known for high drama. But in 2020, Norway’s capital erupted in controversy over one spectacularly wealthy investor, a splashy event in Philadelphia—and the biggest sovereign wealth fund on the planet.
KKR's $1 trillion gamble
The co-CEOs of KKR have a radical strategy to supercharge growth—and chart a path far different from that of their mentors Kravis and Roberts.
Inside one of Silicon Valley's most mysterious venture capital funds
Iconiq Growth, which has long avoided the spotlight, recently closed a $5.8 billion startup war chest.
The rise and fall of Jump Crypto
A secretive trading firm got itself a crypto arm and a 25-year-old whiz kid to run it. Then came the $40 billion Terra disaster.
The troubled Tyson heir
The youngest Fortune 500 CFO was set up to run his family’s $21 billion chicken empire. His erratic behavior could change that.
The startups betting you can quit GLP-1s and stay thin
Some weight-loss companies are marketing Ozempic and Wegovy as a short-term holy grail. Doctors say it doesn't work that way.
The Amazon Way has its midlife crisis
Jeff Bezos’s famed management rules are slowly unraveling inside Amazon. Can they survive the Andy Jassy era?
Tech AI's Hidden Biases May Be Influencing What You Think. Here's What Should Be Done to Stop It - In less than two years, artificial intelligence has radically changed how many people write and find information.
In less than two years, artificial intelligence has radically changed how many people write and find information. While searching for details about Supreme Court precedent or polishing a college essay, millions seek help from AI chatbots like OpenAI's ChatGPT or Anthropic's Claude.In his newly published book, Mastering AI: A Survival Guide to Our Superpowered Future, Fortune AI editor Jeremy Kahn explores this new tech-infused reality and what should be done to avert the inevitable pitfalls. In the following excerpt, he focuses on the little-recognized problem of subtle bias in AI and the potentially profound influence it can have on what users believe.
A Return of the Entrepreneurial Spirit- As Japan finally emerges from a long period of slow growth, soy sauce producer Kikkoman continues its global advance.
In February 2024, the Nikkei Stock Average in Japan surpassed the record high that it set in 1990. To some, this peak signified that the country could finally put the "lost decades" of deflation and anemic growth behind. Yuzaburo Mogi, honorary CEO and chairman of the board of Kikkoman, is cautiously optimistic about this milestone. With a generational shift in motion, he sees Japan's leadership regaining some of its old dynamism and entrepreneurial spirit.
The AI Hangover- For thirty-five years, Fortune has been tracking the world's largest companies in our Global 500 ranking.
For thirty-five years, Fortune has been tracking the world's largest companies in our Global 500 ranking. We recently sat down with the head of Sequoia Capital, Roelof Botha, at our Brainstorm Tech conference in Park City, Utah, and at greater length for this issue's cover story. As he told Fortune's Michal Lev-Ram: "Winning isn't everything, it's the only thing." To learn how he's guiding the firm to sort winners from losers amid the noise and hype, see page 60.
A NEW HOPE FOR DEMENTIA TREATMENT
Recent clinical trial results offer a promising path forward for patients suffering from dementia with Lewy bodies.
Golf Gets a Tech Upgrade
TGL, a new golf league, is partnering with the PGA TOUR to fuse advanced technology and live action.
THE LILLY-PALOOZA
Not long ago, it looked like the best days of Eli Lilly were behind it. But tirzepatide, a drug for diabetes and obesity, has sent the 148-year-old pharma giant on a wild ride. It's now the ninth most valuable company in the world.
INSIDE VW'S EV COMEBACK
First Tesla outmaneuvered Volkswagen. Now Chinese EVs are challenging VW's dominance. The world's largest automaker was late to the EV revolution, but it's racing to catch up by reaching into its deep pockets and leveraging its massive scale.
SEQUOIA IS A VC GIANT. CAN ROELOF BOTHA KEEP IT GROWING?
The low-key investor leads the famed venture capital firm that helped launch Apple, Google, and Nvidia. To keep Sequoia's 50-year winning streak alive in a changing industry, he's uprooting old habits and planting new seeds.
HOW BIG CAN ROBINHOOD ALLY GET?
CEO VLAD TENEV AND THE FINTECH UPSTART HAVE CHANGED THE WAY AMERICANS INVEST. BUT TO MAKE SERIOUS MONEY, THEY'LL HAVE TO ELEVATE THEIR GAME.
WHAT CAN BUSINESS EXPECT FROM THE NEXT PRESIDENT?
There's one thing Republicans and Democrats can agree on: higher tariffs on imports to America. Here are the challenges both parties' proposals will pose for corporate leaders.
CARS APOCALYPSE CHIC: TESLA'S CYBERTRUCK GIVES LUXURY A NEW SHAPE
FIVE YEARS AFTER Tesla CEO Elon Musk unveiled plans for his polarizing Cybertruck, I found myself standing in a downtown Los Angeles parking lot on an afternoon in July, surveying the automaker's surrealist take on the electric utility vehicle: a triangular behemoth, sharp-angled and brutalist.
LEADING JAPAN'S ECONOMIC SECURITY IMPERATIVE
As geopolitical tensions rise, consulting firm Kitamura Economic Security is helping businesses fortify their defenses and seize opportunities.
INVEST AS AI GOBBLES ELECTRICITY, IS NOW THE TIME TO BUY UNLOVED UTILITY STOCKS? BY LEO SCHWARTZ
INVEST AS AI GOBBLES ELECTRICITY, IS NOW THE TIME TO BUY UNLOVED UTILITY STOCKS?