U.S. reaches limit of sanctions power in targeting Iran’s economy
“We need to either overwhelm them with something new — and this Economic Fury stuff isn’t it — or we need to start limiting our ambitions.”
Business
Ukrainian drone attack causes fire at Russian oil terminal used for exports as Kyiv expands long-range strike capabilities
Ukrainian forces had also hit a tanker in the Black Sea belonging to Russia’s so-called “shadow fleet.”
Secret Service shoot and kill suspect who fired at White House checkpoint; bystander was also struck but Trump was not affected
Secret Service said none of its officers were injured, and that President Donald Trump — who was at the White House at the time — was not "impacted.”
Barnes & Noble CEO clarifies the bookseller’s stance on AI-written books after refusing to ban them: ‘This is a straightforward rejection of AI books’
James Daunt told Fortune the responsibility to decide on what AI-generated means lies with the publisher, not the seller.
Tech billionaires convinced Trump to back off an AI executive order. But much of MAGA favors AI regulation
Former AI czar David Sacks along with Elon Musk and Mark Zuckerberg swayed Trump against the executive order
How Grab’s CTO sees the superapp’s push into physical AI and automated driving—and why he uses his competitors’ robots in the office
“If you go to the Grab office now, you'll see robots from other companies as well. We use a 1+n strategy which keeps us on our toes.”
‘SpaceX is his new baby at the expense of Tesla’: Elon Musk’s IPO could be bad news for his EV maker, investors warns
SpaceX will reportedly allocate 30% of shares to retail investors, betting on the CEO’s loyal base of investors—and putting Tesla under more scrutiny.
Cloudflare posted record revenue, then cut 20% of its workforce. CEO Matthew Prince says AI has made an entire category of workers obsolete
Prince said in a recent Wall Street Journal op-ed that the company would cut “measurers” while prioritizing hiring of “builders” and “sellers.”
Pay transparency is exposing a bigger problem: Most companies can’t explain why they pay what they pay
Syndio’s CEO and the founder of Salary Transparent Street told Fortune workers aren't just demanding to know what their colleagues earn—they want to know why. Most employers can't tell them.
