In her 10th year on the job, Mary Barra returns to the top of the Fortune Most Powerful Women list as #1. bit.ly/3zQni6j The CEO of General Motors has led the company to its strongest financial position in decades, transforming its culture and reorganizing its product lines to prepare for an electric-vehicle revolution. Having reached her 10-year mark, she joins an exclusive group of leaders: The average tenure of a Fortune 500 CEO is 7.2 years for men and just 4.5 years for women. Read more and see the full 2024 #FortuneMPW list here: bit.ly/3zQni6j
Fortune
Book and Periodical Publishing
New York, NY 1,891,198 followers
Fortune lights the path for global leaders — and gives them the tools to make business better
About us
FORTUNE is a global media organization dedicated to helping its readers, viewers, and attendees succeed big in business through unrivaled access and best-in-class storytelling. We drive the conversation about business. With a global perspective, the guiding wisdom of history, and an unflinching eye to the future, we report and reveal the stories that matter today—and that will matter even more tomorrow. With the trusted power to convene and challenge those who are shaping industry, commerce and society around the world, FORTUNE lights the path for global leaders—and gives them the tools to make business better.
- Website
-
http://www.fortune.com
External link for Fortune
- Industry
- Book and Periodical Publishing
- Company size
- 201-500 employees
- Headquarters
- New York, NY
- Type
- Privately Held
Locations
-
Primary
40 Fulton Street
New York, NY 10038, US
Employees at Fortune
-
Victoria Slivkoff
Extreme Tech Challenge | Walden Catalyst Ventures | Deep Tech
-
Mallun Yen
Founder of Operator Collective, a venture firm and community of founders and operator LPs
-
Chris Morris
Contributing Writer at Fortune Magazine (and Fortune.com), Nasdaq.com, Fast Company, AARP and more.
-
Don Ross
Updates
-
Join us on October 17 in London for an exclusive evening celebrating the release of Mastering AI by Fortune’s AI editor, Jeremy Kahn. Hosted by Atomico and Fortune, this event will bring together Fortune's Executive Editor, Alex Wood Morton, and Kahn for a thought-provoking fireside chat and Q&A. Register now for your chance to attend 👉 https://lu.ma/jkexn1if
-
Nike’s in trouble. The footwear giant has cut revenue forecasts twice in the last year and lost valuable market share to competitors. Those struggles, along with many others, are likely why the company announced last month that CEO John Donahoe would step down. Donahue was a former Bain management consultant and served as the CEO of eBay. His ascendance at Nike promised to bring tech-savvy to the company at a time when it was trying to sell directly to consumers. But by putting him in charge of the company, Fortune's Phil W. writes that the corporate board forgot something critical: The CEO of any company should be focused—and knowledgeable—about the core business. Keep reading in Azure Gilman's latest edition of #LearningToLead ⤵
-
Mark Zuckerberg just got richer. The Meta CEO became the world’s second-richest person for the first time Thursday, jumping ahead of Jeff Bezos as shares of the comapny continue to climb. Zuckerberg’s bet on the metaverse — which initially looked like a huge bust — has paid off in recent months, pushing his net worth to a high-water mark of $206.2 billion, according to the Bloomberg Billionaires Index. That puts him $1.1 billion ahead of Amazon's Bezos and almost $50 billion behind Tesla's Elon Musk. Read more: https://lnkd.in/ei-5YD32
Zuckerberg passes Bezos to become world’s second-richest person
fortune.com
-
Mercedes-Benz's boss is bracing his company for a “Darwinian battle” as Europe’s auto giants reel from falling demand and the onslaught of Chinese competitors. Mercedez-Benz CEO Ola Kaellenius said the biggest challenge facing automakers was halting a crisis of confidence among Chinese consumers. European automakers have made a significant push into the EV-hungry Chinese market while responding to an unexpected slowdown in the technology’s uptake in Europe. However, a similar demand glut in China and the emergence of cheap competitors from the region has left Europe’s carmakers fighting fires at home and overseas. For Mercedes-Benz’s Kaellenius, it has left them in a pivotal moment of sink or swim. Read more: https://lnkd.in/dsdYz_ud
Mercedes boss says carmakers are locked in a ‘Darwinian battle’
fortune.com
-
Fortune reposted this
"There’s a big difference between loving to work and loving the work." To be truly happy in life, Apple CEO Tim Cook recommends finding a paid job that aligns with your sense of purpose. In a fireside chat with the students at the University of Glasgow, Cook said, "You have to find the intersection of doing something you’re passionate about and at the same time something that is in the service of other people. I would argue that, if you don’t find that intersection, you’re not going to be very happy in life.” Here's how to find your purpose: bit.ly/48IPQKr
-
Wealthy U.S. citizens are more likely to support Vice President Kamala Harris over former President Donald Trump in this year’s presidential election. But regardless of who wins in November, more and more millionaires are looking for a backup plan to escape the political environment in the U.S. through golden passport and citizenship by investment programs. Those are the major takeaways from the Arton Capital affluence and elections survey of over 1,000 U.S. millionaires. Around 90% of the respondents have assets worth between $1 million and $5 million, while the rest boast over $5 million in assets. The survey found that wealthy Americans, regardless of whom they are casting their vote for, harbor deep anxieties over the country’s economic outlook: Over 50% say they would leave the U.S. after November’s election. Read more: https://lnkd.in/dXWwEeAd
Millionaires favor Harris over Trump—but many are interested in second passports regardless of who wins the election
fortune.com
-
Fortune reposted this
Red Lobster has had a fishy few months. In May, the seafood chain filed for bankruptcy after more than 50 locations closed amid massive losses from its mayhem-making Endless Shrimp promotion. But in August, Red Lobster reeled in a new CEO: Damola Adamolekun, the 35-year-old former P.F. Chang’s chief executive. Adamolekun is on a mission to revive the embroiled 56-year-old restaurant chain after it was rocked by crustacean chaos in the past couple of years. “This is, without exaggeration, one of the most important companies in American history,” Adamolekun told CNN. “There were certainly big mistakes made over the last few years.” | Fortune https://lnkd.in/exp9SCq9
Red Lobster’s new CEO said the seafood chain’s endless shrimp offering caused an all-you-can-eat chaos
fortune.com
-
Tesla is recalling more than 27,000 Cybertrucks, according to a filing from the National Highway Traffic Safety Administration. The meme-mobile is suffering from a delay that impacts the camera, as the system does not always complete its shutdown before being turned back on. In practice, this means that if a driver is backing up before the system reboots, the rearview camera might be behind by two seconds—thus breaking federal regulations. In some cases, the lag is up to eight seconds. Naturally, this impacts drivers’ ability to see, and increases the risk of a collision—though Tesla is reportedly not aware of any incidents related to said issue. Read more: https://lnkd.in/dJNbjmPz
Tesla's Cybertruck is falling apart, but is still leaving the shelves
fortune.com
-
Nvidia is still the only game in town for companies spending hundreds of billions in the AI arms race—and both the firm’s customers and investors are well aware of that. The latest reminder came on Thursday when, on an otherwise tough morning for stocks, Nvidia shares jumped over 3% after CEO Jensen Huang touted blistering demand for its next-generation Blackwell line. “Blackwell is in full production, Blackwell is as planned, and the demand for Blackwell is insane,” Huang told CNBC on Wednesday. “Everybody wants to have the most, and everybody wants to be first.” Read more: https://lnkd.in/d8F4t_4D
Nvidia surges as Jensen Huang touts ‘insane’ Blackwell demand
fortune.com