UPS CFO on Amazon pullback and driving a growth strategy Brian Dykes explains why UPS is prioritizing profitability over volume, and how refocusing its network is delivering results.

Startup Hercle raises $10 million to build out stablecoin-based global money transfers The firm uses stablecoin technology to help payment providers and commodity traders send money around the globe.

You can expect a 0.25% cut from the Fed, says Wall Street, but little economic insight from Powell—after all, he’s not got much to go on "Chair Powell’s press conference will pivot away from economic data—given its scarcity—and instead focus on

Wall Street is in a risk-on mood as it waits for Powell to deliver on the ‘Fed put’ “Earlier this month, markets shifted more towards a 'central back put' regime," Christian Mueller-Glissmann at Goldman wrote in a note to clients.

In a world of crypto and ‘exotic instruments’, traditional exchanges are thinking about how they ‘stay relevant’ At the Fortune Global Forum in Riyadh, exchange heads trade notes about uncertainty, new competition, and Labubu.

Everyone thinks AI is replacing factory workers, but Amazon’s layoffs show it’s coming for middle management first As Amazon slashes 14,000 white-collar roles and the U.S. approaches a million job cuts this year, AI’s first major labor casualty migh

Real estate CEO says the luxury industry is all about one thing: a ‘return on ego’ DarGlobal CEO Ziad El Chaar sees co-branded real estate—what he calls the “limited edition of real estate”—as both a cultural anchor and a magnet for the world

The Hollywood blueprint holds the key to reshaping organizations in the age of AI The Hollywood model of work is a refreshing alternative to the rigid structures of the industrial era.

Saudi Arabia is now a nation of city-dwellers, and ‘cities don’t lie,’ says urban development leader Also: All the news and watercooler chat from Fortune.

How Bupa’s CEO Iñaki Ereño woke a sleeping giant—and set a 100,000 strong workforce running toward digital health How Bupa’s CEO balances triathlons, technology and the transformation of global health.

Europe’s giants still rule as startups struggle to crack the Fortune 500 Europe Every company in the Fortune 500 Europe top 10 has roots from before the Second World War. The oldest, Banco Santander, was founded in 1857.

From retail to tech, here are the 10 corporations that recently announced mass layoffs Companies are pointing to factors like tariff costs, shifts in consumer spending, and investments in AI that have led them to let go of thousands.

PayPal and UPS are sparking a late-session rally, powering stocks to fresh records S&P added 0.4%, Dow Jones was up 0.6%, and the Nasdaq was 1% higher.

Elon Musk’s ‘polarizing and partisan actions’ may have cost Tesla more than 1 million U.S. EV sales, Yale study finds “The easiest thing to say is, don't antagonize your core customers,” Yale economist and study author Kenneth Gillingham said.

Pete Hegseth says cartels ‘have killed more Americans than Al-Qaeda’ as the U.S. strikes alleged drug boats in the Pacific, killing 14 The strikes were conducted off the coast of Colombia, a Pentagon official says.

Elon Musk’s ‘Grokipedia’ cites Wikipedia as a source, even though it’s the exact thing he’s trying to replace because he thinks it’s ‘woke’ Musk has previously said xAI’s Grok chatbot removes “falsehoods” in sources of information li

Republicans unveil report advancing contested claims suggesting White House officials enacted policies without former President Biden’s knowledge The report does not cite any concrete evidence.

Bill Gates says a ‘doomsday outlook’ on climate is driving people to focus on the wrong things "If given a choice between eradicating malaria and a tenth of a degree increase in warming, I'll let the temperature go up," Gates said.

‘Are you crazy?’ ‘A little…’ Inside one obsessed U.S. Agent’s $50 million secret plot to capture Nicolás Maduro by turning his pilot against him Armed with a $50 million bounty and a rogue plan, a Homeland Security agent tried to flip Maduro

How employee ownership can uplift Gen Z’s labor force The newest generation of American workers feels unheard in the places that depend most on their ideas and energy.