Avatar
Fortune
111599ae9b7352b8fdd1fe2a6a39b3a73116efeaa29e598f3b65511b61d68dbd
Unrivaled access, premier storytelling, and the best of business since 1930. RSS Feed.

Nvidia CEO Jensen Huang says AI chip shortage is making his customers tense and emotional

?w=2048

With the competitiveness of AI models depending on the steady supply of Nvidia training chips, each delivery represents an advantage over rivals.

https://fortune.com/2024/09/12/nvidia-jensen-huang-ai-training-chips-gpus-blackwell-hopper-xai-openai-shortage/

European video gaming majors Supercell and Ubisoft accused of designing games that ‘trick’ gamers into spending more money

?w=2048

The world of video games “shouldn’t be a place where companies bend the rules to increase profits,” said the director of a consumer group.

https://fortune.com/europe/2024/09/12/european-video-gaming-majors-supercell-ubisoft-in-game-purchases-complaint-eu/

JPMorgan just capped junior bankers’ hours—at 80 per week

?w=2048

JPMorgan and Bank of America are cracking down on the industry’s infamous always-on culture.

https://fortune.com/2024/09/12/jpmorgan-cap-junior-bankers-hours/

Kamala Harris’s endorsements show Republicans may be paying the price for their newfound anti-business rhetoric

?w=2048

Anti-business rhetoric erodes a traditional area of Republican advantage.

https://fortune.com/2024/09/12/kamala-harriss-endorsements-republicans-price-anti-business-rhetoric-politics/

Brian Moynihan isn’t pressing Warren Buffett on why he’s selling Bank of America shares

?w=2048

"I don't know what exactly he's doing because, frankly, we can't ask and we wouldn't ask."

https://fortune.com/2024/09/12/brian-moynihan-warren-buffett-bank-of-america-share-sales/

China tells EV makers to keep tech at home by producing key parts domestically before exporting them for assembly

?w=2048

The instructions come as companies from BYD to Chery Automobile firm up plans to build factories in Spain to Thailand and Hungary.

https://fortune.com/asia/2024/09/12/china-ev-makers-keep-tech-home-producing-key-parts-domestically/

Why a Roth IRA is the ‘holy grail’ retirement account—no matter your income

?w=2048

"It’s the best possible retirement account anyone could own."

https://fortune.com/2024/09/12/roth-ira-holy-grail-retirement-account/

Roche stock is falling after report its Wegovy challenger is causing patients to vomit

?w=2048

Positive results in the early stages of Roche's weight-loss pill development had given investors hope it could quickly catch up with rivals Novo Nordisk and Eli Lilly.

https://fortune.com/europe/2024/09/12/roche-stock-falling-after-report-causing-patients-vomit/

Colorado home of National Mining Museum dubious about plan to ‘remine’ gold from local mine waste

?w=2048

The waste would be trucked to a nearby mill, crushed to powder and bathed in cyanide to extract trace amounts of precious metals.

https://fortune.com/2024/09/12/colorado-town-leadville-mining-pollution-split-plan-remine-gold-mine-waste/

This 48-year-old CEO wakes up at 4:15 a.m. for a daily workout and meditation routine. Here’s why he credits it for his success

?w=2048

“I don't know how you could ever run a wellness brand without pursuing wellness every day.”

https://fortune.com/well/article/ceo-pressed-juicery-morning-routine/

Utah social media law aimed at protecting children is blocked by federal judge

?w=2048

The law would have required social media companies to verify the ages of their users, apply privacy settings and limit some features on those accounts.

https://fortune.com/2024/09/12/utah-social-media-law-blocked-federal-judge/

New Boeing CEO makes last ditch appeal to stop strike as workers vote on unloved contract with 25% pay raise

?w=2048

Although the bargaining committee that negotiated the contract recommended ratification, IAM District 751 President Jon Holden predicted earlier this week that workers would vote to strike.

https://fortune.com/2024/09/12/new-boeing-ceo-strike-workers-vote-unloved-contract-25-pay-raise/

South Carolina parents can’t spend public money on private schools anymore

?w=2048

South Carolina's law allowing parents to spend taxpayer money on private schools violates the constitution, the state's highest court ruled.

https://fortune.com/2024/09/12/south-carolina-parents-cant-spend-public-money-on-private-schools-anymore/

Gen Z’s new TikTok news habit widens the generational gap with TV-loving boomers

?w=2048

TikTok has been “growing in popularity as a source of news” with about 11% of U.K. adults—up from just 1% in 2020, an Ofcom report found.

https://fortune.com/europe/2024/09/12/gen-z-tiktok-instagram-news-generational-divide-ofcom/

Gen Z’s new TikTok news habit widens the generational gap with TV-loving boomers

?w=2048

TikTok has been “growing in popularity as a source of news” with about 11% of U.K. adults—up from just 1% in 2020, an Ofcom report found.

https://fortune.com/europe/2024/09/12/gen-z-tiktok-instagram-news-generational-divide-ofcom/

Gen Z’s new TikTok news habit widens the generational gap with TV-loving boomers

?w=2048

TikTok has been “growing in popularity as a source of news” with about 11% of U.K. adults—up from just 1% in 2020, an Ofcom report found.

https://fortune.com/europe/2024/09/12/gen-z-tiktok-instagram-news-generational-divide-ofcom/

Norfolk Southern fires CEO over inappropriate workplace relationship

?w=2048

Shaw was terminated for cause, effective immediately, after the railroad found he violated company policies.

https://fortune.com/2024/09/11/norfolk-southern-fires-ceo-over-inappropriate-workplace-relationship/

Forget polls, the stock market is the most accurate predictor of presidential elections

?w=2048

Another key indicator is the Misery Index. And right now it’s leaning slightly in Harris’s favor.

https://fortune.com/2024/09/11/forget-polls-stock-market-most-accurate-predictor-presidential-elections-misery-index/

GOP strategist says Trump’s false pet-eating claims at debate only hurt him

?w=2048

“At best, it’s a distraction,” GOP strategist to Conant said. “At worst, it reminds people of the all the craziness that comes with Trump.”

https://fortune.com/2024/09/11/gop-strategist-trumps-false-pet-eating-claims-debate-hurt/

Sanders vows contempt if CEO refuses to answer on getting ‘fabulously wealthy’ while hospitals went bankrupt

?w=2048

“[H]e doesn’t want to explain to the American people how horrific his greed has become," Sanders said. “Tell me about your yacht."

https://fortune.com/2024/09/11/sanders-contempt-health-care-steward-ceo-subpoena-congress-bankruptcy/