Business

Home Depot founder Arthur Blank donates $50 million to Atlanta’s historically Black colleges and universities via foundation

The Arthur M. Blank Family Foundation announced a $50 million donation to Atlanta’s historically Black colleges and universities on Monday, aiming to close...

New China tariffs announced during government shutdown and AI valuation debate are a ‘perfect storm coming together,’ top economist says

President Donald Trump’s additional 100% tariff on China erased $2 trillion from the stock market on Friday and possibly couldn’t have come at...

Trump to hike China tariffs to 130% and impose software export controls next month, as trade war reignites to nearly ‘Liberation Day’ levels

President Donald Trump said Friday that he will impose an additional 100% tariff on China and limit U.S. exports of software, escalating the...

PepsiCo taps Walmart veteran as CFO, bets big on beverage revamp

Good morning. PepsiCo is overhauling its beverage portfolio—refueling interest in drinks like Gatorade—and named a new finance chief. On Thursday, the beverage giant (No. 45 on the Fortune 500) announced that Steve Schmitt will...

Delta’s bet on wealthy Americans driving the economy is working: Premium seats are set to overtake main cabin for the first time in history

Delta Air Lines delivered a robust set of financial results for the third quarter of 2025, posting record revenue and beating consensus forecasts...

A whopping 72% of S&P 500 companies disclosed AI as a ‘material risk’ on their 10-Ks this year

AI is everywhere these days—and that means so is AI risk. Among S&P 500 companies, 72% mentioned AI as a material risk on their Form 10-Ks...

Top analyst on concerns about Nvidia fueling an AI bubble: ‘We’ve seen this movie before. It was called Enron, Tyco’

A top Wall Street analyst has sounded an alarm over the U.S. equity bull market, warning that its remarkable run is built on...

Why Verizon’s new CEO must partner with the CFO on a clear market strategy

Good morning. There are more leadership changes in the Fortune 500, with Verizon’s CFO, Tony Skiadas, gaining a new strategic partner—Dan Schulman—as...

Gold and Bitcoin go through the roof as U.S. shutdown forces investors to trade in the dark

There is a 67% chance that the U.S. federal government shutdown will last longer than 10 days, according to bettors on Polymarket—and for...
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