Vice President JD Vance accused Microsoft of replacing laid-off Americans with “foreign indentured servants” and suspended it from the PERM green card program Microsoft CEO Satya Nadella has written that his story wouldn’t be possible anywhere but the U.S. On Thursday, the Trump administration moved to block his company from helping its own foreign-born employees follow the path he took. Vice Pres
12 Oct 2026Fortune 500 Daily & Breaking Business News
Latest posts
Oil prices are more than 70% higher than they were a year ago. Airfare has shot up this year partly because of the war in Iran. But even if oil prices ease, higher ticket prices may be here to stay because travelers keep buying, said Delta CEO Ed Bastian. The CEO of one of America’s biggest airlines said in an interview with CNBC Friday that he was surprised the airline’s profits held up despite a
12 Oct 2026Networks are adding prediction-market prices to their midterm coverage, a new Reuters/Ipsos poll shows most of the public draws a line at wagering on politics. Americans can turn their predictions about who will control Congress into a bet, but most don’t think they should. With the midterms approaching, 60% of U.S. adults oppose using prediction markets to wager on election results, while 13% sup
12 Oct 2026With $372 billion to his name, Amazon founder Jeff Bezos says Americans have been taught to view billionaire success in the wrong light. Jeff Bezos has taken Amazon from an online bookstore he founded in his garage in 1994—to the No. 1 company on the Fortune 500 . His own net worth has soared, too, reaching $372 billion and making him the second-richest person in the world. However, the 62-year-ol
12 Oct 2026Laos’s green-energy potential is why the Amata CEO calls the landlocked country “the battery of Southeast Asia.” Thai real estate developer Amata Corporation says Laos will become its “largest focus” in the years to come, CEO Vikrom Kromadit tells Fortune . “Laos will become our largest focus because of the land bank that they have,” Kromadit tells Fortune . “They also have lots of green energy—th
12 Oct 2026The Treasury auto-enrolled more than 60 million children, and $4.5 billion has flowed in since July. But the government’s seed money goes only to kids born from 2025 through 2028, and the new stock gifts come with strings attached. The Trump administration says nearly every child in America now has a Trump Account. Whether the money in those accounts ever adds up to much is a different question. T
12 Oct 2026According to a Dallas Fed survey, 32% of executives who were impacted by oil theft said it had increased slightly over the past 12 months. The spike in oil prices since the Iran war began this year has attracted more thieves, and they are increasingly professional criminals. West Texas Intermediate crude is up 60% so far this year, and fuel prices have risen even more as global refining capacity h
11 Oct 2026EXCLUSIVE: Twilio CEO Khozema Shipchandler warns job seekers two common interview mistakes could cost them the job: skipping questions—or leaning too hard on “I.” EXCLUSIVE: Twilio CEO Khozema Shipchandler always gives potential hires time to ask questions at the end of the interview—and will turn candidates down if they don’t. The $37 billion tech boss warns job seekers that even if they pass tha
11 Oct 2026Backed by $12 million from VCs and family offices, Aurora pairs AI with human tastemakers to manage members’ health, travel, and dining. Most luxury concierge services are built for life’s big moments like finding a last-minute villa or making the finishing touches on a once-in-a-lifetime trip. But a new app is betting the ultrarich want help in life’s small moments, too. Aurora, an invite-only ap
11 Oct 2026The legislation expedites everything from gas pipelines to solar farms, but potentially triggers more environmental risks. The new, bipartisan legislation to expedite the construction of energy projects—and power the AI boom—is creating strange bedfellows and opponents. In a rare instance, the fossil fuel industry is united with renewable energy, while some environmental groups are pitted against
11 Oct 2026